Indio City Council
May 17, 2023

City of Indio
AGENDA
City Council / Indio Water Authority
Wednesday, May 17, 2023 @ 5:00 PM
Council Chamber, 150 Civic Center Mall

The City Council serves as the Board for Indio Water Authority

The City Council Chamber will be open to the public and City Council meetings will be conducted in person and remotely through Zoom

Members of the public will be required to comply with the California Department of Health Guidance for the Use of Face Coverings which strongly recommends that all persons, regardless of vaccine status, continue to mask while in indoor public settings and businesses. [Eff. 3/1/22].

You may view the meeting via Livestream on the City’s website, Facebook Live, YouTube or view and participate via Zoom
Webinar ID: 881 9809 9686, Passcode: 92201

Agenda en Español

CEQA Statement: Unless stated otherwise on the agenda, every item on the agenda is exempt from CEQA under Guideline Sections 15060(c), 15061(b)(3), 15273, 15378, 15301, 15323 and/or Public Resources Code Section 21065.

If you are an individual with a disability and need a reasonable modification or accommodation pursuant to the Americans with Disabilities Act (“ADA”) please contact the office of the City Clerk at 760 -391-4007 prior to the mee ting for assistance.

Members of the public who desire to address the City Council during the meeting may do so either in person or orally or in writing as described below.

Oral Comments: Oral testimony can be provided in person or during the virtual live session. Individual speakers are limited to three minutes each, unless the Mayor amends the time limit. To address the Council in person please complete speaker request card located at the entrance and give it to the City Clerk. Your name will be called when it is your turn to speak. To address the Council during the virtual live session via zoom, please email the City Clerk at [email protected], or alternatively, during the specific agenda item or general comment period (i.e. non -agenda items), please use the "raise your hand" function in zoom in order to be recognized by the City Clerk in order to provide comments in real time. The City Clerk will facilitate to the extent possible any email requests to provide oral testimony that are sent during the live meeting. Please specify on the subject line of the email “Oral Comment” and note the agenda item number or if general comment (i.e. non-agenda item). To participate during the live session, please keep track of the meeting proceedings by watching the meeting via Livestream, Facebook Live, YouTube, or Zoom. Please raise your hand and your name or other identifier (phone number) will be called wh en it is your turn to speak.

Written Comments: If you are unable to provide comments during the meeting (whether in person or the virtual live session), written public comments on agenda and non -agenda items, or both, may be submitted by email to the Cit y Clerk at [email protected]. Please specify on the subject line the agenda item number or if g eneral public comment (i.e. non-agenda item). For example on a specific item, write "agenda item 8a" on the email subject line.

Email/Written comments must be received by the City Clerk no later than 2:00 p.m. on the day of the meeting and such comments will be distributed to the City Clerk, City Council, posted on the agenda landing page and be made part of the agenda packet and public record of the meeting; however, they will not be read during the meeting.

Public Hearing Items: Any person may provide in-person comments on public hearing items. Oral or written comments will also be accepted on public hearing items in the manner prescribed in the notice at the top of this agenda except that comments will be accepted during the public hearing until the hearing is closed.

MISSION STATEMENT

THE CITY OF INDIO'S PUBLIC SERVANTS PROVIDE OUTSTANDING MUNICIPAL SERVICES TO ENHANCE

THE QUALITY OF LIFE FOR OUR RESIDENTS, VISITORS AND THE BUSINESS COMMUNITY

STUDY SESSION - 2 PM

1. CALL TO ORDER AND ROLL CALL
Mayor Oscar Ortiz
Mayor Pro Tem Lupe Ramos Amith
Councilmember Glenn Miller
Councilmember Elaine Holmes
Councilmember Waymond Fermon

2. PLEDGE OF ALLEGIANCE

3. PUBLIC COMMENT
This is the time set aside for public comment for items not on the agenda. Public comments may be provided in the manner prescribed at the top of this agenda.

4. DISCUSSION ITEMS

4.1 Indio Water Authority's Recommended Operating and Capital Improvement Budget for Fiscal Year 2023-2024 ("FY2023-24")

4.2 Fiscal Year 2023 -24 Budget Recap and Discussion to include Indio Water Authority and the City's Capital Improvement Plan

CLOSED SESSION - 4 PM

1. CALL TO ORDER AND ROLL CALL
Mayor Oscar Ortiz
Mayor Pro Tem Lupe Ramos Amith
Councilmember Glenn Miller
Councilmember Elaine Holmes
Councilmember Waymond Fermon

2. PUBLIC COMMENT
This is the time set aside for public comment for items not on the agenda. Public comments may be provided in the manner prescribed at the top of this agenda. If the total time of comments extend beyond 30 minutes, the Mayor may defer further public comments for items Not on the Agenda until the end of the Agenda.

3. ADJOURN TO CLOSED SESSION TO CONSIDER:

3.1 Conference with Real Property Negotiators, Government Code Section 54956.8; APNs 692-040-007, 692-040-018, 692-040-019, 692-040- 020, 692 -670-006, 692 -670-010, 692 -670-011, 692 -670-014 and 692-670-017 (north of Avenue 42 and east of Jackson Street), Indio; City of Indio Negotiator: Bryan H. Montgomery, City Manager; Negotiating Party: Can Do LLC; Under Negotiation: Price and Terms of Payment

3.2 Conference with Labor Negotiator, Government Code Section 54957.6; One (1) Item; City Negotiator: City Attorney; Unrepresented Employee: City Manager

REGULAR SESSION - 5 PM

1. CALL TO ORDER AND ROLL CALL
Mayor Oscar Ortiz
Mayor Pro Tem Lupe Ramos Amith
Councilmember Glenn Miller
Councilmember Elaine Holmes
Councilmember Waymond Fermon

2. INVOCATION
The City Council does not endorse the content of the invocation and does not endorse the invocational speaker’s particular faith, belief and/or religious denomination. The City Council does not engage in any prior inquiry, review of, or involvement in, the content of the invocation, except to request the speaker to refrain from using the invocation as an opportunity to attempt to convert others to a particular faith or to disparage any faith or belief and for the speaker to face the City Council. The City Council has an established neutral policy for selecting and scheduling invocational speakers. The City Clerk will make the Council’s policy on invocations available upon request for public inspection and copying.

3. PLEDGE OF ALLEGIANCE
• Giselle Reyes, Fifth Grader, Oliphant Elementary School

4. CITY ATTORNEY REPORT ON CLOSED SESSION

5. PRESENTATIONS

5.1 Presentation by Paula Simonds, CEO of the Family YMCA of the Desert

5.2 Proclamation - International Day Against Homophobia, Transphobia and Biphobia

5.3 Proclamation - Asian American & Pacific Islander Heritage Month

5.4 Proclamation - National Police Week, May 9 - 20, 2023

5.5 Proclamation - National Public Works Week - May 21-27, 2023

5.6 Proclamation - City Employee, Mike Edgar

6. YOUTH ADVISORY COUNCIL (YAC)
Frida Arriaga, Sofia Campbell, Miabella Cansino, Kailey Cisneros, Stephanie DeJesus, Mia Garcia, Xitlali Lucero Natividad, April Nunez Aceves, Taliyah Randolph, Aramis Jasso River a, Daniela Rodriguez, Vianca Terriquez, Viviana Terriquez and Victoria Terriquez

7. CITY MANAGER REPORTS AND INFORMATION

8. CITY COUNCIL REPORTS ON MEETINGS ATTENDED PER
GOVERNMENT CODE SECTION 53232.3(D)

9. EXCUSE YOUTH ADVISORY COUNCIL

10. CONSENT CALENDAR
Consent calendar items are considered to be routine in nature and will be approved by one motion. Reading of text of Ordinances is waived and Ordinances are adopted as second reading, by title only. Public requests to discuss consent calendar items must be filed with the City Clerk before the consent calendar is called. This is the time for any member of the public wishing to speak on a consent calendar item to do so. Any member of the public wishing to

speak shall have a total of three minutes to address any and all items on which he/she wishes to speak. Unless a consent calendar item is pulled for discussion by a council member, there will be no further opportunity to discuss the matter. If a consent calendar item is pulled for Council dis cussion and a member of the public then wishes to speak, he/she shall limit comments to matters raised during the Council discussion.

10.1 Minutes for City Council meeting of May 3, 2023 (Sabdi Sanchez, City Clerk Administrator) Recommendation: Approve
Staff Report - Minutes for May 3, 2023 - Pdf
9 - 14

10.2 City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City Manager and Director of Finance) Recommendation: Receive & File
Staff Report - City Warrants from 04.29.23 thru 05.12.23 - Pdf 15 - 34

10.3 Resolution No. 10355 - Report of Investments for the quarter ending March 31, 2023; annual re-delegation of investment authority to the City Treasurer and the Treasurer of each of the Indio Water Authority, the Indio Public Financing Authority, and the Indio Finance Authority; and adoption of an updated City Investment Policy (Rob Rockwell, Assistant City Manager and Director of Finance) Recommendation: Receive & File and Approve Resolution
Staff Report - Resolution No. 10355 - Investments Report, Policy and Annual Re-delegation of Authority - Pdf
35 - 132

10.4 IWA Warrants from 04.20.23 thru 05.02.23 (Rey Trejo, IWA General Manager) Recommendation: Receive & File
Staff Report - IWA Warrants from 04.20.23 thru 05.02.23 - Pdf 133 - 137

10.5 Resolution No. 10356 to revoke Resolution No. 10284 which enacted Level 2 of the Water Shortage Contingency Plan, maintain Level 1 Demand Reduction Actions, and continue the prohibition on use of potable water to irrigat e non-functional turf (Rey Trejo, IWA General Manager) Recommendation: Approve
Staff Report - Resolution No. 10356 to revoke Resolution No. 10284 - Level 2 of Water Shortage Contingency Plan - Pdf
138 - 147

10.6 Approval of a Commercial Lease Agreement with Angelica Trujillo dba True Awakening Studio located at 45110 Oasis Street (Carl S. Morgan, Director of Economic Development) Recommendation: Approve Staff Report - Approval of a Building Lease with True Awakening Studio - Pdf
148 - 180

10.7 Approval of the Downtown Ambassador Program to enhance hospitality and safety in downtown Indio (Carl S. Morgan, Director of Economic Development) Recommendation: Approve
Staff Report - Approval of Downtown Ambassador Program - Pdf 181 - 189

10.8 Resolution No. 10357 adopting a list of projects to be funded by Senate Bill 1, Road Repair and Accountability Act of 2017; and make a determination that the action is exempt from further environmental review pursuant to Section 15301 (Existing Facilities) of the California Environmental Quality Act (Timothy T. Wassil, Director of Public Works) Recommendation: Approve
190 - 195

Staff Report - Resolution No. 10357 adopting a list of projects to be funded by Senate Bill 1, Road Repair and Accountability Act of 2017 - Pdf

10.9 Resolution No. 10358 approving the quitclaim of a Public Utility Easement (PUE) within lots 11 and 12 of Tract Map No. 32339 (Bravo Collection), previously dedicated to the City of Indio by Stonefield Indio 100, LLC, the original developer (Timothy T. Wassil, Director of Public Works) Recommendation: Approve
Staff Report - Resolution No. 10358 - Quitclaim of Public Utility Easement w/in Lots 11&12 of Tract Map No. 32339 - Pdf
196 - 205

10.10 Construction contract with Granite Construction Company in an amount not -to-exceed $360,999 for Shields Road (Project No.

ST1202), and make a determination that the action is exempt from further environmental review pursu ant to Section 15301 (Existing Facilities) of the California Environmental Quality Act (Timothy T.

Wassil, Director of Public Works) Recommendation: Approve Staff Report - Construction contract with Granite Construction Co. for Shields Road Project (Project No. ST1202) - Pdf
206 - 209

10.11 Purchase of a Tymco Model 600 Sweeper, in the amount of $485,233.39; and make a determination that the action is not a Project, therefore exempt from further environmental review pursuant to Section 15378(b)(1) (Purchase of Supplies) of the California Environmental Quality Act (Timothy T. Wassil, Director of Public Works) Recommendation: Approve
Staff Report - Purchase of a Tymco Model 600 Sweeper, in the amount of $485,233.39 - Pdf
210 - 217

10.12 1) Approval of Purchase and Sale Agreement with Black Diamond Pools and Desig n for property located at the north/west corner of Smurr Street and Wilson Avenue (Assessor Parcel Number 611-222- 015) in the not to exceed the amount of $530,000 plus title and escrow costs and other related expenses not to exceed $15,000, and finding conformity with the General Plan and determining that the project qualifies for the common sense exemption pursuant to Section 15061 (b)(3) as it can be seen with certainty that there is no possibility that the activity in question may have a significant effect on the environment and that any future development of the subject properties will be required to be in conformance with the Program Final Environmental Impact Report (PFEIR) for the Downtown Specific Plan certified by the Indio City Council on April 15, 2020; and 2) Authorize the City Manager to execute all documents necessary to complete the sale (Carl S. Morgan, Director of Economic Development) Recommendation: Approve
Staff Report - Approval of Purchase and Sale Agreement APN 611- 222-015 - Pdf
218 - 240

10.13 A Professional Services Agreement with Dudek for Sphere of Influence Services in the amount of $85,000 to incorporate certain real properties located adjacent to the southeast corner of Avenue 50 and Jackson Street into the City of Indio's Sphere of Influe nce 241 - 264

and budget adjustments (Kevin Snyder, Director of Community Development) Recommendation: Approve
Staff Report - PSA with Dudek for Sphere of Influence Services - Pdf

10.14 First Amendment to professional services agreement between the City of Indio and AVI -SPL, LLC for audio-visual systems in the new Dispatch Center to increase total compensation by $22,082.75 to not to exceed $679,861.31 (Ian Cozens, Director of Information Technology) Recommendation: Approve
Staff Report - First Amendment to Professional Services Agreement with AVI-SPL, LLC for Audio Visual Systems in the Dispatch Center - Pdf
265 - 274

11. ADMINISTRATIVE ITEMS

11.1 Establish the Indio Economic Development Corporation (IEDC) to support the economic development of the City of Indio and authorize the City Manager and City Attorney to create and finalize necessary documents for the formation of the Indio Economic Develop ment Corporation, and bring those back for final approval by the Council.

The IEDC will be an independent non-profit entity that aims to attract new businesses, retain existing ones, and create job opportunities in the City of Indio (Carl S. Morgan, Director of Economic Development) Recommendation: Approve
Staff Report - Creation of Indio Economic Development Corporation - Pdf
275 - 277

12. PUBLIC HEARINGS

12.1 Request for a Certificate of Public Convenience or Necessity determination for a Type 20 Liquor License for a new convenience market located at 40 -695 Jefferson Street, Indio, CA 92201 (Assessor’s Parcel Number 607-260-056) (Kevin Snyder, Director of Community Development) Recommendation: Approve
Staff Report - Public Convenience or Necessity (Case File No. 23-03- 30) - Sunny & Karan, LLC - Pdf
278 - 296

12.2 Resolution No. 10353, approving Tentative Parcel Map No. 38630 (Case File No. 2023-01-01) for the ABC Recovery Project pursuant to Chapter 156 (Subdivision Regulations) of the Indio Municipal Code on certain real properties located south of Indio Boulevard, east of Sun Gold Street, west of Palm Street, and north of Luce Drive and Valencia Drive and adopting CEQA findings pursuant to CEQA Guidelines Section 15315 that no further environmental review is required for the Project (Kevin Snyder, Director of Community Development) Recommendation: Approve
Staff Report - Resolution No. 10353 - ABC Recovery Project Tentative Parcel Maps - Pdf
297 - 313

12.3 Resolution No. 10354 - Amended and Restated Resolution approving the City's continued participation in the Statewide Community Infrastructure Program of the California Statewide 314 - 348

Communities Development Authority (Rob Rockwell, Assistant City Manager and Director of Finance) Recommendation: Approve Staff Report - Resolution No. 10354 - Amended and Restated SCIP Resolution - Pdf

13. PUBLIC COMMENTS FOR ITEMS NOT ON THE AGENDA
This is the time set aside for public comment for items not on the agenda. Public comments may be provided in the manner prescribed on the first page of this agenda.

14. ADJOURN
NEXT COUNCIL / IWA MEETING: JUNE 7, 2023
Agenda packets are available on the city’s website at www.indio.org. Materials related to an item on this Agenda submitted to the City Council after distribution of the agenda packet are available in City Clerk's Office at 100 Civic Center Mall, Indio, during normal City business hours and during the meeting.

PUBLIC NOTICE

The Indio City Council Chamber is accessible to person(s) with disabilities. If special equipment is needed, for the hearing impaired, please call the City Clerk's office.

Persons with disabilities can receive this agenda in an alternative format and should call the City Clerk's office at 3914007. Notification 48 hours prior to a meeting will enable the City to make reasonable arrangements to ensure accessibility to the meeting (28 CFR 35.102.35.104 ADA Title 11).

RULES OF DECORUM

To help conduct the business of the City Council in an orderly fashion, the City Council has adopted rules pertaining to decorum and order, as provided for in Ordinance No. 1205. The City Council will s trictly enforce these rules in order to allow full expression of ideas and opinions by councilmembers, staff and the public.

Generally, the City's rules of decorum prohibit comments or actions which willfully disrupt the meeting. All remarks and questions shall be addressed to the Council as a whole and not to any particular member. No individual Councilmember or member of the City staff shall be questioned without first obtaining permission from the Presiding Officer. The City Council asks that all persons - including councilmembers, staff and the public - act and speak respectfully.

COMMUNICATION AND ELECTRONIC DEVICES
To minimize distractions, please be sure all personal communication and electronic devices are turned off or on silent mode.

DECLARATION OF POSTING

I, Sabdi Sanchez, City Clerk Administrator of the City of Indio, California, do hereby declare that the foregoing agenda was posted on May 12, 2023, at least seventy - two (72) hours prior to the meeting per Government Code 54954.2, at the following locations:

City of Indio Council Chamber, 150 Civic Center Mall, Indio, CA 92201 City of Indio website www.indio.org

Sabdi Sanchez

SABDI SANCHEZ, CMC

CITY CLERK ADMINISTRATOR

City of Indio
City Council
May 17, 2023

STAFF REPORT

To: City Council
From: Bryan H. Montgomery, City Manager
Prepared by: Sabdi Sanchez, City Clerk Administrator
Subject: Minutes for City Council meeting of May 3, 2023

RECOMMENDATION:

Approve the Minutes of May 3, 2023, as presented.

ATTACHMENTS:

Attachment 1 - 3 May 2023 - Unofficial Minutes_Final Draft.ss

AGENDA ITEM #10.1
Minutes for City Council meeting of May 3, 2023 (Sabdi Sanchez, City Cle... Page 9 of 348 City of Indio
City Council / Indio Water Authority Minutes
Wednesday, May 3, 2023

Mayor Oscar Ortiz called to order the closed session meeting of the City Council for the City of Indio, at 4:00 p.m. in the Council Chamber located at 150 Civic Center Mall, Indio, California.

CLOSED SESSION - 4 PM

1. CALL TO ORDER AND ROLL CALL

Present:

Mayor Oscar Ortiz
Mayor Pro Tem Lupe Ramos Amith
Councilmember Glenn Miller
Councilmember Elaine Holmes
Councilmember Waymond Fermon

2. PUBLIC COMMENT None

3. ADJOURN TO CLOSED SESSION TO CONSIDER:

3.1 Conference With Legal Counsel – Existing Litigation - Pursuant to paragraph (1) of subdivision (d) of Section 54956.9 – Ramirez v. City of Indio, et al.

Riverside Superior Court Case No. CVPS2201660

3.2 Conference with Real Property Negotiators, Government Code Section 54956.8; for APNs, 614-090-001, 614-090-002, 614-030-002, 614-020-028, 614-020-027, 614-020-024, 614-020-021, 611-020-016, 614-020-015, 614- 020-012, 614-020-011, 614-020-008, 614-020-009, and 614-020-005 City of Indio Negotiator: Bryan H. Montgomery, City Manager; Negotiating Party:

Haagen Co.; Under Negotiation: Price and Terms of Payment

3.3 Public Employee Performance Evaluation pursuant to Government Code Section 54957. Title of Position: City Manager
REGULAR SESSION - 5 PM
Mayor Oscar Ortiz called to order the regular adjourned joint meeting of the City Council for the City of Indio and the Indio Water Authority, at 5:06 p.m. in the Council Chamber located at 150 Civic Center Mall, Indio, California.

1. CALL TO ORDER AND ROLL CALL

Present:

Mayor Oscar Ortiz
Mayor Pro Tem Lupe Ramos Amith
Councilmember Glenn Miller
Councilmember Elaine Holmes
Councilmember Waymond Fermon

AGENDA ITEM #10.1
Minutes for City Council meeting of May 3, 2023 (Sabdi Sanchez, City Cle... Page 10 of 348 City Council / Indio Water Authority
May 3, 2023
City Staff Present:

Bryan H. Montgomery, City Manager, Rob Rockwell, Asst. City Manager & Dir. of Finance, Kevin H. Snyder, Dir. of Community Development, Carl S. Morgan, Dir. of Economic Development, Andrew Ansoorian, Dir. of Human Resources, Timothy T.

Wassil, Dir. of Public Works, Rey Trejo, IWA General Manager, Ian Cozens, Dir. of Information Technology, Sabdi Sanchez, City Clerk Administrator and Vanessa Castillo, City Clerk Specialist.

2. INVOCATION Pastor Christian Slye of Garden Fellowship Church

3. PLEDGE OF ALLEGIANCE led by Vance Johnson, Indio Resident and Fifth Grader from Ronald Reagan Elementary School

4. CITY ATTORNEY REPORT ON CLOSED SESSION
City Attorney Steven Graham reported Council met in Closed Session to discuss the items listed therein and there was no reportable action.

5. PRESENTATIONS

5.1 Proclamation - 2023 Building Safety Month

Mayor Ortiz, along with Councilmembers presented the 2023 Building Safety Month Proclamation to Ruben Franz, Building Inspector Supervisor, and Luis Cerros, Supervising Plans Examiner.

5.2 Proclamation - National Foster Care Awareness Month

Mayor Ortiz, along with Councilmembers presented the National Foster Care Awareness Month proclamation to Brianna Miller, Philanthropy Manager at Voices for Children.

5.3 Proclamation - Enda Rodriguez of the Greater Coachella Valley Chamber of Commerce

Mayor Ortiz, along with Councilmembers presented a proclamation to Enda Rodriguez of the Greater Coachella Valley Chamber of Commerce for her three decades of service.

6. YOUTH ADVISORY COUNCIL (YAC)
YAC Mayor Pro Tem - Frida Arriaga shared the details of the Mental Health Walk to honor Mental Health Awareness Month to be held on Saturday May 6 at 7:30am at the Indio Badlands Trails in North Indio.

7. CITY MANAGER REPORTS AND INFORMATION
City Manager Montgomery thanked the Indio residents for their patience during the festival weeks and all the traffic it brings, reminded all that the Indio's Farmers Market goes dark during the summer months and will resume in October, and the next Second Saturday Concert will be held on May 13 at 6pm on the corner of Miles and Smurr Street.

AGENDA ITEM #10.1
Minutes for City Council meeting of May 3, 2023 (Sabdi Sanchez, City Cle... Page 11 of 348 City Council / Indio Water Authority
May 3, 2023

8. REPORT ON CITY COUNCIL EXTERNAL/INTERNAL BOARDS, COMMISSIONS

AND COMMITTEE MEETINGS AND REPORT ON MEETINGS ATTENDED PER GOVERNMENT CODE SECTION 53232.3(D)
Councilmember Holmes had no report
Councilmember Fermon reported on Coachella Valley Energy Commission Councilmember Miller reported on SunLine Transit Agency Mayor Pro Tem Ramos Amith had no report
Mayor Ortiz had no report

9. EXCUSE YOUTH ADVISORY COUNCIL

10. CONSENT CALENDAR

10.1 Minutes for City Council meeting of April 19, 2023

10.2 City Warrants from 04.14.23 thru 04.28.23

10.3 IWA Warrants from 04.05.23 thru 04.19.23

10.4 Public Safety Enterprise Communication ("PSEC") Five-Year Use Agreement between the City of Indio and the County of Riverside in the amount of $293,082.72

10.5 Approval of Final Tract Map for K. Hovnanian Communities, Inc., Tract Map No. 32288 (Terra Lago Area 2), generally located south of Avenue 42 and east of Golf Center Parkway
Motion made by Councilmember Waymond Fermon, seconded by Councilmember Elaine Holmes to approve Consent Calendar Items 10.1 thru

10.5. Motion carried unanimously.

11. ADMINISTRATIVE ITEMS

11.1 Approval of Resolution No. 10352 approving the deferral of City Development Impact Fees (DIFs) in the amount of $1,472,922 to be structured as a Residual Cash Receipts Loan ("Loan") between the City of Indio and Pacific West Communities, Inc. for the development of the Avenue 44 Apartments and authorizing the City Manager and City Attorney to prepare and execute the necessary Loan Agreement documents.

Jesus Gomez, Housing and Neighborhood Services Manager presented the PowerPoint Presentation.

Darrin Bavarian, Business Developer of Pacific West Communities provided comment.

AGENDA ITEM #10.1
Minutes for City Council meeting of May 3, 2023 (Sabdi Sanchez, City Cle... Page 12 of 348 City Council / Indio Water Authority
May 3, 2023
Discussion of Council ensued.

Motion made by Councilmember Waymond Fermon, seconded by Councilmember Glenn Miller to approve Item 11.1, Resolution No. 10352, approving the deferral of City Development Impact Fees in the amount of $1,472,922 with Pacific West Communities, Inc., as presented by Roll Call.

Motion carried unanimously.

11.2 Approving the launch of the City's beautification program as "Indio Lindo."

Jose Ramirez, Management Analyst presented the PowerPoint Presentation.

Discussion of Council ensued.

Motion made by Councilmember Waymond Fermon, seconded by Councilmember Glenn Miller to approve Item 11.2, approving the launch and naming of the City's beautification program as "Indio Lindo". Motion carried unanimously.

12. PUBLIC HEARINGS

12.1 Approval of FY2023/2024 Annual Action Plan as necessary to receive an allocation of Community Development Block Grant (CDBG) Funds in the amount of $876,226
Jesus Gomez, Housing and Neighborhood Services Manager presented the PowerPoint Presentation.

Mayor Ortiz opened the Public Hearing at 6:23 p.m.

Public Comments provided by the following:

1. Kimberly McKinney, Grants Manager at Coachella Valley Rescue Mission

Mayor Ortiz closed the Public Hearing at 6:26 p.m.

Discussion of Council ensued.

Motion made by Councilmember Glenn Miller, seconded by Councilmember Waymond Fermon to approve Item 12.1, FY2023/2024 Annual Action Plan to receive allocation of Community Development Block Grant Funds. Motion carried unanimously.

13. PUBLIC COMMENTS FOR ITEMS NOT ON THE AGENDA

Public Comments provided by the following:

1. Manpreet Gina Gill (Cannabis Application - Cannabis Appeal)

2. Alex *via zoom (Sustainability - Defund Police - Social and Climate Justice)

3. Christopher Martinez (Cannabis Application - Cannabis Appeal)

4. Steven Wijatyk (Cannabis Application - Cannabis Appeal)

AGENDA ITEM #10.1
Minutes for City Council meeting of May 3, 2023 (Sabdi Sanchez, City Cle... Page 13 of 348 City Council / Indio Water Authority
May 3, 2023

14. ADJOURN
There being no further business to discuss Mayor Ortiz adjourned the regular joint meeting at 6:46 p.m.

SABDI SANCHEZ, CMC

CITY CLERK ADMINISTRATOR

AGENDA ITEM #10.1
Minutes for City Council meeting of May 3, 2023 (Sabdi Sanchez, City Cle... Page 14 of 348 City of Indio
City Council
May 17, 2023

STAFF REPORT

To: City Council
From: Bryan H. Montgomery, City Manager
Prepared by: Adrienne Aguilar, Finance Technician II
Subject: City Warrants from 04.29.23 thru 05.12.23

RECOMMENDATION:

Receive & File

SUMMARY:

City Warrants from 04.29.23 thru 05.12.23

BACKGROUND INFORMATION:

N/A

ALTERNATIVES:

N/A

ATTACHMENTS:

City Warrants 0512223

APPROVAL(S):

Rob Rockwell, Asst. City Manager & Dir. Of Finance Approved - 12 May 2023

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 15 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
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CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237047 05/05/2023 PRINTED 285 COLONIAL  LIFE & ACCIDENT INSURANCE 101 General  Fund 206040 443.35 237047 05/05/2023 PRINTED 285 COLONIAL  LIFE & ACCIDENT INSURANCE 101 General  Fund 206040 443.35 237104 05/05/2023 PRINTED 6536 THE  LINCOLN NATIONAL LIFE INS CO 101 General  Fund 206040 1,549.30 237104 05/05/2023 PRINTED 6536 THE  LINCOLN NATIONAL LIFE INS CO 101 General  Fund 206040 1,543.05 237104 05/05/2023 PRINTED 6536 THE  LINCOLN NATIONAL LIFE INS CO 101 General  Fund 206040 3,593.48 237104 05/05/2023 PRINTED 6536 THE  LINCOLN NATIONAL LIFE INS CO 101 General  Fund 206040 3,635.63 237194 05/12/2023 PRINTED 305 UNITED  WAY OF THE DESERT 101 General  Fund 206045 174.00 237191 05/12/2023 PRINTED 5426 U.S.  BANK 101 General  Fund 206050 279.77 237151 05/12/2023 PRINTED 6087 INDIO  POLICE OFFICERS ASSOCIATION 101 General  Fund 206050 6,891.83 237150 05/12/2023 PRINTED 1111 INDIO  POLICE COMMAND UNIT 101 General  Fund 206055 677.03 237152 05/12/2023 PRINTED 6163 INDIO  WATER AUTH EMPLOYEE ASSOC 101 General  Fund 206060 465.00 237149 05/12/2023 PRINTED 6164 INDIO  CITY EMPLOYEE ASSOC 101 General  Fund 206060 641.41 237180 05/12/2023 PRINTED 300 SEIU 101 General  Fund 206065 86.50 237076 05/05/2023 PRINTED 3481 LEGAL  SHIELD 101 General  Fund 206095 575.80 237041 05/05/2023 PRINTED 6535 CALIFORNIA  DENTAL 101 General  Fund 206100 1,646.68 237041 05/05/2023 PRINTED 6535 CALIFORNIA  DENTAL 101 General  Fund 206100 1,411.00 237041 05/05/2023 PRINTED 6535 CALIFORNIA  DENTAL 101 General  Fund 206100 1,411.00 237086 05/05/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 78.53 237171 05/12/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 137.62 237171 05/12/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 78.53 237171 05/12/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 8.10 237086 05/05/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 8.10 237086 05/05/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 19.73 237086 05/05/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 19.73 237086 05/05/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 19.73 237086 05/05/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 19.73 237086 05/05/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 15.72 237086 05/05/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 78.53 237086 05/05/2023 PRINTED 4897 PRUDENTIAL  OVERALL SUPPLY 101 General  Fund 206105 113.69 237104 05/05/2023 PRINTED 6536 THE  LINCOLN NATIONAL LIFE INS CO 101 General  Fund 206110 6,778.39 237102 05/05/2023 PRINTED 7457 TEXAS  LIFE INSURANCE COMPANY 101 General  Fund 206130 1,966.05 237080 05/05/2023 PRINTED 173 PAULA  BROTHERTON 101 General  Fund 208005 4.00 237164 05/12/2023 PRINTED 835 Elemento  49 LLC 101 General  Fund 208010 11,000.00 237185 05/12/2023 PRINTED 836 SUNLINE  TRANSIT AGENCY 101 General  Fund 208011 194.00 237185 05/12/2023 PRINTED 836 SUNLINE  TRANSIT AGENCY 101 General  Fund 208011 85.00 237185 05/12/2023 PRINTED 836 SUNLINE  TRANSIT AGENCY 101 General  Fund 208011 109.00 237185 05/12/2023 PRINTED 836 SUNLINE  TRANSIT AGENCY 101 General  Fund 208011 242.50 237185 05/12/2023 PRINTED 836 SUNLINE  TRANSIT AGENCY 101 General  Fund 208011 85.00 237046 05/05/2023 PRINTED 4807 COACHELLA  VALLEY CONSERVATION COMMISSION 101 General  Fund 208015 80,400.00 237040 05/05/2023 PRINTED 4915 CALIFORNIA  BUILDING STANDARDS 101 General  Fund 208016 895.00 237082 05/05/2023 PRINTED 835 iPermit 101 General  Fund 210055 205.63 237080 05/05/2023 PRINTED 173 PAULA  BROTHERTON 101 General  Fund 401405 60.00 237119 05/12/2023 PRINTED 164 COUNTY  OF RIVERSIDE 101 General  Fund 401505 83,561.32 237119 05/12/2023 PRINTED 164 COUNTY  OF RIVERSIDE 101 General  Fund 401510 103.90 237119 05/12/2023 PRINTED 164 COUNTY  OF RIVERSIDE 101 General  Fund 401520 14,865.28 1 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 16 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237079 05/05/2023 PRINTED 173 PAUL  SALVATORA 101 General  Fund 403210 1,224.75 237080 05/05/2023 PRINTED 173 PAULA  BROTHERTON 101 General  Fund 403210 1,633.00 237163 05/12/2023 PRINTED 173 Ashish  K Verma 101 General  Fund 404020 500.00 237046 05/05/2023 PRINTED 4807 COACHELLA  VALLEY CONSERVATION COMMISSION 101 General  Fund 406720 (804.00) 237040 05/05/2023 PRINTED 4915 CALIFORNIA  BUILDING STANDARDS 101 General  Fund 406720 (89.50) 237185 05/12/2023 PRINTED 836 SUNLINE  TRANSIT AGENCY 101 General  Fund 406720 (10.00) 237185 05/12/2023 PRINTED 836 SUNLINE  TRANSIT AGENCY 101 General  Fund 406720 (5.00) 237185 05/12/2023 PRINTED 836 SUNLINE  TRANSIT AGENCY 101 General  Fund 406720 (5.00) 237185 05/12/2023 PRINTED 836 SUNLINE  TRANSIT AGENCY 101 General  Fund 406720 (16.00) 237185 05/12/2023 PRINTED 836 SUNLINE  TRANSIT AGENCY 101 General  Fund 406720 (5.00) 101 Total 229,044.24
237160 05/12/2023 PRINTED 239 LEAGUE  OF CALIFORNIA CITIES 1011110 City  Council 524028 100.00 1011110 Total 100.00
237138 05/12/2023 PRINTED 7835 EVANA  KAY SANCHEZ 1011121 City  Manager's Office 521064 500.00 1011121 Total 500.00
237078 05/05/2023 PRINTED 213 LIEBERT  CASSIDY WHITMORE 1011122 Human  Resources 521056 785.50 237111 05/05/2023 PRINTED 7852 VAN  DERMYDEN MAKUS LAW CORPORATION 1011122 Human  Resources 521056 3,612.03 1011122 Total 4,397.53
237144 05/12/2023 PRINTED 3743 GLADWELL  GOVERNMENTAL SERVICE INC 1011130 City  Clerk 521064 500.00 237099 05/05/2023 PRINTED 5058 STERICYCLE,  INC 1011130 City  Clerk 521064 209.84 237099 05/05/2023 PRINTED 5058 STERICYCLE,  INC 1011130 City  Clerk 521064 206.70 237099 05/05/2023 PRINTED 5058 STERICYCLE,  INC 1011130 City  Clerk 521064 492.51 237089 05/05/2023 PRINTED 7372 RELIABLE  TRANSLATIONS INC. 1011130 City  Clerk 521064 87.36 237067 05/05/2023 PRINTED 6270 GRANICUS 1011130 City  Clerk 521084 9,630.00 237051 05/05/2023 PRINTED 6580 DAILY  JOURNAL CORPORATION 1011130 City  Clerk 524002 217.42 237051 05/05/2023 PRINTED 6580 DAILY  JOURNAL CORPORATION 1011130 City  Clerk 524002 186.36 1011130 Total 11,530.19
237069 05/05/2023 PRINTED 490 HINDERLITER,  DE LLAMAS & ASSOCIATES 1011151 Finance 521064 300.00 237069 05/05/2023 PRINTED 490 HINDERLITER,  DE LLAMAS & ASSOCIATES 1011151 Finance 521064 11,317.69 237120 05/12/2023 PRINTED 7818 BLAIS  & ASSOCIATES LLC 1011151 Finance 521064 4,455.00 237120 05/12/2023 PRINTED 7818 BLAIS  & ASSOCIATES LLC 1011151 Finance 521064 6,480.00 237120 05/12/2023 PRINTED 7818 BLAIS  & ASSOCIATES LLC 1011151 Finance 521064 4,860.00 237035 05/05/2023 PRINTED 8195 AVENU  INSIGHTS AND ANALYTICS LLC 1011151 Finance 521064 1,210.00 237190 05/12/2023 PRINTED 6898 TYLER  BUSINESS FORMS 1011151 Finance 524022 1,250.57 1011151 Total 29,873.26
237031 05/05/2023 PRINTED 6585 AMAZON  CAPITAL SERVICES, INC. 1011165 Senior  Center 540033 198.30 1011165 Total 198.30
237031 05/05/2023 PRINTED 6585 AMAZON  CAPITAL SERVICES, INC. 1011166 Teen  Center 540042 200.53 1011166 Total 200.53
237189 05/12/2023 PRINTED 78 TOPS  N BARRICADES 1011167 Community  Services 521079 1,168.20 1011167 Total 1,168.20
237030 05/05/2023 PRINTED 6600 ALPHA  MEDIA, LLC 1011174 Communications  & Marketing 524002 400.00 237030 05/05/2023 PRINTED 6600 ALPHA  MEDIA, LLC 1011174 Communications  & Marketing 524002 560.00 237030 05/05/2023 PRINTED 6600 ALPHA  MEDIA, LLC 1011174 Communications  & Marketing 524002 535.00 237030 05/05/2023 PRINTED 6600 ALPHA  MEDIA, LLC 1011174 Communications  & Marketing 524002 500.00 2 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 17 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237050 05/05/2023 PRINTED 6947 CV  STRATEGIES 1011174 Communications  & Marketing 524002 8,333.33 237133 05/12/2023 PRINTED 7509 DEL  VALLE INFORMADOR INC 1011174 Communications  & Marketing 524002 1,000.00 237133 05/12/2023 PRINTED 7509 DEL  VALLE INFORMADOR INC 1011174 Communications  & Marketing 524002 500.00 237161 05/12/2023 PRINTED 8094 MAINSTREET  COMMUNICATION, INC 1011174 Communications  & Marketing 524002 817.06 237161 05/12/2023 PRINTED 8094 MAINSTREET  COMMUNICATION, INC 1011174 Communications  & Marketing 524002 1,501.24 1011174 Total 14,146.63
237055 05/05/2023 PRINTED 5837 DEPARTMENT  OF ANIMAL SERVICES 1011181 Animal  Care 521068 57,790.08 237055 05/05/2023 PRINTED 5837 DEPARTMENT  OF ANIMAL SERVICES 1011181 Animal  Care 521068 27,762.03 1011181 Total 85,552.11
237029 05/05/2023 PRINTED 7796 EDDY'S  MAINTENANCE & JANITORIAL SERVICES 1011185 Emergency  Prepardness 521028 350.00 1011185 Total 350.00
237054 05/05/2023 PRINTED 7969 DC  ELECTRONICS TWO, INC 1011190 Non ‐departmental 531060 71,330.00 1011190 Total 71,330.00
237069 05/05/2023 PRINTED 490 HINDERLITER,  DE LLAMAS & ASSOCIATES 1012182 Planning 521064 69,250.00 237069 05/05/2023 PRINTED 490 HINDERLITER,  DE LLAMAS & ASSOCIATES 1012182 Planning 521064 625.00 237051 05/05/2023 PRINTED 6580 DAILY  JOURNAL CORPORATION 1012182 Planning 524002 333.88 237028 05/03/2023 PRINTED 8153 KENDRA  REIF 1012182 Planning 524028 190.00 1012182 Total 70,398.88
237166 05/12/2023 PRINTED 5352 NV5,  INC 1013111 PW  Admin & Engineering 521064 7,322.40 237166 05/12/2023 PRINTED 5352 NV5,  INC 1013111 PW  Admin & Engineering 521064 3,088.67 237061 05/05/2023 PRINTED 5512 DESERT  VALLEYS BUILDERS ASSOCIATION 1013111 PW  Admin & Engineering 531066 573.00 237105 05/05/2023 PRINTED 6073 TIMOTHY  T. WASSIL 1013111 PW  Admin & Engineering 531066 180.00 1013111 Total 11,164.07
237196 05/12/2023 PRINTED 1207 VALLEY  LOCK & SAFE 1013131 Parks  & Parkways 523015 211.79 237145 05/12/2023 PRINTED 215 GRAINGER 1013131 Parks  & Parkways 523015 914.63 237145 05/12/2023 PRINTED 215 GRAINGER 1013131 Parks  & Parkways 523015 44.85 237145 05/12/2023 PRINTED 215 GRAINGER 1013131 Parks  & Parkways 523015 218.76 237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 1013131 Parks  & Parkways 523015 2,450.00 237058 05/05/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 1013131 Parks  & Parkways 523015 611.72 237134 05/12/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 1013131 Parks  & Parkways 523015 886.31 237058 05/05/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 1013131 Parks  & Parkways 523015 21.74 237058 05/05/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 1013131 Parks  & Parkways 523015 611.72 237177 05/12/2023 PRINTED 7723 SAMS  FENCE INC. 1013131 Parks  & Parkways 523015 1,575.00 237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 1013131 Parks  & Parkways 523027 1,710.00 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 1013131 Parks  & Parkways 523027 320.00 237139 05/12/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 1013131 Parks  & Parkways 523027 8,325.00 237139 05/12/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 1013131 Parks  & Parkways 523027 26,111.06 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 1013131 Parks  & Parkways 523027 219.80 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 1013131 Parks  & Parkways 523027 207.52 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 1013131 Parks  & Parkways 523027 303.75 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 1013131 Parks  & Parkways 523027 374.80 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 1013131 Parks  & Parkways 523027 381.00 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 1013131 Parks  & Parkways 523027 214.61 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 1013131 Parks  & Parkways 523027 38.97 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 1013131 Parks  & Parkways 523027 344.27 3 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 18 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237057 05/05/2023 PRINTED 512 DESERT  ARC 1013131 Parks  & Parkways 523027 4,223.70 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 6.56 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 201.15 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 77.10 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 2,044.58 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 2,568.49 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 197.08 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 547.96 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 38.93 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 498.35 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 609.03 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 1,783.55 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 69.08 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 65.90 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 182.26 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 1,393.40 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 436.69 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 354.00 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 547.96 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 37.34 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 198.86 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 870.82 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 241.57 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 200.98 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 377.49 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 791.26 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 1,614.98 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 228.06 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 462.83 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 142.09 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 61.19 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013131 Parks  & Parkways 523045 118.81 237127 05/12/2023 PRINTED 1101 CLAIREMONT  EQUIPMENT 1013131 Parks  & Parkways 524024 3,972.98 1013131 Total 71,262.33
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 1013141 Street  Maintenance 523045 641.35 237068 05/05/2023 PRINTED 3742 HAAKER  EQUIPMENT COMPANY 1013141 Street  Maintenance 524024 12,065.03 1013141 Total 12,706.38
237066 05/05/2023 PRINTED 1134 G/M  BUSINESS INTERIORS 1014211 Police  Administration 521064 4,808.67 237121 05/12/2023 PRINTED 5585 BRUCE  BOWER INVESTIGATION 1014211 Police  Administration 521064 4,820.00 237106 05/05/2023 PRINTED 6340 TRUTH  BE TOLD POLYGRAPH, LLC 1014211 Police  Administration 521064 1,550.00 237096 05/05/2023 PRINTED 6697 SERNA  & ASSOCIATES 1014211 Police  Administration 521078 16,380.00 237099 05/05/2023 PRINTED 5058 STERICYCLE,  INC 1014211 Police  Administration 523024 64.91 237099 05/05/2023 PRINTED 5058 STERICYCLE,  INC 1014211 Police  Administration 523024 466.96 237203 05/12/2023 PRINTED 4129 XPRESS  GRAPHICS 1014211 Police  Administration 524022 42.45 237169 05/12/2023 PRINTED 5781 PAUL  ASSOCIATES 1014211 Police  Administration 524022 (221.45) 4 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 19 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237085 05/05/2023 PRINTED 6111 PROFORMA 1014211 Police  Administration 524022 64.30 237165 05/12/2023 PRINTED 3276 MOBILE  MODULAR 1014211 Police  Administration 524024 3,940.45 237201 05/12/2023 PRINTED 4975 WILLIAMS  SCOTSMAN, INC. 1014211 Police  Administration 524024 84.83 237201 05/12/2023 PRINTED 4975 WILLIAMS  SCOTSMAN, INC. 1014211 Police  Administration 524024 156.17 237044 05/05/2023 PRINTED 6298 CINTAS  FIRST AID & SAFETY 1014211 Police  Administration 524024 822.15 237083 05/05/2023 PRINTED 4644 MUNICIPAL  MANAGEMENT ASSOC OF SC 1014211 Police  Administration 524028 15.00 237176 05/12/2023 PRINTED 6377 RIVERSIDE  COUNTY SHERIFF'S DEPT. 1014211 Police  Administration 524028 267.00 237176 05/12/2023 PRINTED 6377 RIVERSIDE  COUNTY SHERIFF'S DEPT. 1014211 Police  Administration 524028 267.00 237123 05/12/2023 PRINTED 7319 ISRAEL  CAMPOA 1014211 Police  Administration 524028 176.29 237155 05/12/2023 PRINTED 7820 JESSE  YUHAS 1014211 Police  Administration 524028 163.00 237195 05/12/2023 PRINTED 7363 V&V  MANUFACTURING, INC 1014211 Police  Administration 531015 380.07 237063 05/05/2023 PRINTED 6236 ERGOMETRICS  AND APPLIED PERSONNEL RESEARCH INC 1014211 Police  Administration 531018 193.13 237137 05/12/2023 PRINTED 6236 ERGOMETRICS  AND APPLIED PERSONNEL RESEARCH INC 1014211 Police  Administration 531018 1,435.50 237187 05/12/2023 PRINTED 6614 THE  B‐PAD GROUP INC. 1014211 Police  Administration 531018 720.00 237187 05/12/2023 PRINTED 6614 THE  B‐PAD GROUP INC. 1014211 Police  Administration 531018 1,740.00 237187 05/12/2023 PRINTED 6614 THE  B‐PAD GROUP INC. 1014211 Police  Administration 531018 480.00 237187 05/12/2023 PRINTED 6614 THE  B‐PAD GROUP INC. 1014211 Police  Administration 531018 1,380.00 237187 05/12/2023 PRINTED 6614 THE  B‐PAD GROUP INC. 1014211 Police  Administration 531018 1,680.00 237187 05/12/2023 PRINTED 6614 THE  B‐PAD GROUP INC. 1014211 Police  Administration 531018 250.00 237187 05/12/2023 PRINTED 6614 THE  B‐PAD GROUP INC. 1014211 Police  Administration 531018 1,140.00 237182 05/12/2023 PRINTED 1866 SPARKLETTS 1014211 Police  Administration 531021 112.38 237126 05/12/2023 PRINTED 6298 CINTAS  FIRST AID & SAFETY 1014211 Police  Administration 531027 332.47 237126 05/12/2023 PRINTED 6298 CINTAS  FIRST AID & SAFETY 1014211 Police  Administration 531027 441.59 237197 05/12/2023 PRINTED 2132 VERIZON  WIRELESS 1014211 Police  Administration 531060 721.20 237107 05/05/2023 PRINTED 2521 U.S.  ARMOR CORPORATION 1014211 Police  Administration 531060 780.00 237107 05/05/2023 PRINTED 2521 U.S.  ARMOR CORPORATION 1014211 Police  Administration 531060 780.00 237107 05/05/2023 PRINTED 2521 U.S.  ARMOR CORPORATION 1014211 Police  Administration 531060 780.00 237077 05/05/2023 PRINTED 6180 LEXIS/NEXIS  RISK DATA MANAGEMENT INC. 1014211 Police  Administration 531066 307.00 1014211 Total 47,521.07
237032 05/05/2023 PRINTED 16 AMERICAN  FORENSIC NURSES 1014212 Police  Field Services 521060 48.50 237032 05/05/2023 PRINTED 16 AMERICAN  FORENSIC NURSES 1014212 Police  Field Services 521060 1,978.00 237032 05/05/2023 PRINTED 16 AMERICAN  FORENSIC NURSES 1014212 Police  Field Services 521060 48.50 237032 05/05/2023 PRINTED 16 AMERICAN  FORENSIC NURSES 1014212 Police  Field Services 521060 97.00 237032 05/05/2023 PRINTED 16 AMERICAN  FORENSIC NURSES 1014212 Police  Field Services 521060 1,978.00 237032 05/05/2023 PRINTED 16 AMERICAN  FORENSIC NURSES 1014212 Police  Field Services 521060 48.50 237056 05/05/2023 PRINTED 314 DEPARTMENT  OF JUSTICE 1014212 Police  Field Services 521060 196.00 237056 05/05/2023 PRINTED 314 DEPARTMENT  OF JUSTICE 1014212 Police  Field Services 521060 210.00 237056 05/05/2023 PRINTED 314 DEPARTMENT  OF JUSTICE 1014212 Police  Field Services 521060 210.00 237056 05/05/2023 PRINTED 314 DEPARTMENT  OF JUSTICE 1014212 Police  Field Services 521060 105.00 237056 05/05/2023 PRINTED 314 DEPARTMENT  OF JUSTICE 1014212 Police  Field Services 521060 315.00 237170 05/12/2023 PRINTED 1175 PLAZA  TOWING 1014212 Police  Field Services 521064 130.00 237170 05/12/2023 PRINTED 1175 PLAZA  TOWING 1014212 Police  Field Services 521064 70.00 237170 05/12/2023 PRINTED 1175 PLAZA  TOWING 1014212 Police  Field Services 521064 310.00 237170 05/12/2023 PRINTED 1175 PLAZA  TOWING 1014212 Police  Field Services 521064 310.00 237170 05/12/2023 PRINTED 1175 PLAZA  TOWING 1014212 Police  Field Services 521064 310.00 5 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 20 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237170 05/12/2023 PRINTED 1175 PLAZA  TOWING 1014212 Police  Field Services 521064 310.00 237183 05/12/2023 PRINTED 5455 SPEAKWRITE  LLC 1014212 Police  Field Services 521064 1,043.19 237073 05/05/2023 PRINTED 6107 K  & R CAR WASH, INC 1014212 Police  Field Services 523036 3,000.00 237122 05/12/2023 PRINTED 6893 CALIFORNIA  MAINTENANCE GROUP 1014212 Police  Field Services 523036 340.00 237059 05/05/2023 PRINTED 7947 DESERT  FEED BAG 1014212 Police  Field Services 531006 57.63 237135 05/12/2023 PRINTED 7947 DESERT  FEED BAG 1014212 Police  Field Services 531006 57.63 237059 05/05/2023 PRINTED 7947 DESERT  FEED BAG 1014212 Police  Field Services 531006 172.88 237059 05/05/2023 PRINTED 7947 DESERT  FEED BAG 1014212 Police  Field Services 531006 57.63 1014212 Total 11,403.46
237136 05/12/2023 PRINTED 5751 EISENHOWER  MEDICAL CENTER 1014213 Police  Investigations 521060 2,000.00 237103 05/05/2023 PRINTED 515 THE  COUNSELING TEAM INTERNATIONAL 1014213 Police  Investigations 521064 600.00 237033 05/05/2023 PRINTED 2502 AT  & T 1014213 Police  Investigations 521080 450.00 1014213 Total 3,050.00
237184 05/12/2023 PRINTED 2863 STALKER  RADAR 1014214 Police  Traffic Enforcement 521064 234.34 1014214 Total 234.34
237039 05/05/2023 PRINTED 5965 BIO ‐TOX LABORATORIES 1014215 Police  Support Services 521064 3,692.00 237112 05/05/2023 PRINTED 6687 VOIANCE  LANGUAGE SERVICES, LLC 1014215 Police  Support Services 521064 368.44 237108 05/05/2023 PRINTED 1576 ULINE 1014215 Police  Support Services 531033 1,346.43 237042 05/05/2023 PRINTED 5896 CAROUSEL  INDUSTRIES OF NORTH AMERICA, INC 1014215 Police  Support Services 531060 223.08 1014215 Total 5,629.95
237052 05/05/2023 PRINTED 6688 DAPEER,  ROSENBLIT & LITVAK LLP 1014241 Code  Enforcement 521056 1,582.30 237052 05/05/2023 PRINTED 6688 DAPEER,  ROSENBLIT & LITVAK LLP 1014241 Code  Enforcement 521056 279.30 237052 05/05/2023 PRINTED 6688 DAPEER,  ROSENBLIT & LITVAK LLP 1014241 Code  Enforcement 521056 850.00 237053 05/05/2023 PRINTED 5464 DATA  TICKET, INC. 1014241 Code  Enforcement 521064 7,597.54 237049 05/05/2023 PRINTED 7641 CORELOGIC  SOLUTIONS, LLC 1014241 Code  Enforcement 521064 327.82 237062 05/05/2023 PRINTED 1330 DUNN ‐EDWARDS CORP 1014241 Code  Enforcement 531051 1,308.37 237062 05/05/2023 PRINTED 1330 DUNN ‐EDWARDS CORP 1014241 Code  Enforcement 531051 1,907.27 237062 05/05/2023 PRINTED 1330 DUNN ‐EDWARDS CORP 1014241 Code  Enforcement 531051 2,094.06 1014241 Total 15,946.66
237114 05/05/2023 PRINTED 172 WITTMAN  ENTERPRISES 1015131 Fire  & Ambulance Services 521004 11,198.00 237202 05/12/2023 PRINTED 172 WITTMAN  ENTERPRISES 1015131 Fire  & Ambulance Services 521004 12,100.00 1015131 Total 23,298.00
237045 05/05/2023 PRINTED 166 COACHELLA  VALLEY ASSOC OF GOVERNMENTS 210 State  Gas Tax 521064 10,647.08 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 123.96 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 58.61 237148 05/12/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 40,718.03 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 37.30 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 37.59 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 59.61 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 60.04 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 12.82 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 50.88 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 42.07 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 46.27 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 53.69 6 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 21 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 55.25 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 61.79 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 60.30 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 12.34 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 13.29 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 54.91 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 43.20 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 42.95 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 40.94 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 44.61 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 29.00 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 37.15 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 12.68 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 53.22 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 36.22 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 35.56 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 53.05 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 45.83 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 16.57 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 58.77 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 58.78 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 61.47 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 33.98 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 55.27 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 18.75 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 29.33 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 58.46 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 57.50 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 43.03 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 48.76 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 39.06 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 53.05 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 34.29 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 54.31 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 61.47 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 31.42 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 12.34 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 42.24 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 19.65 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 60.51 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 40.22 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 60.99 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 12.34 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 47.97 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 55.91 7 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 22 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237072 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 54.17 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 89.09 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 67.39 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 71.01 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 117.67 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 63.14 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 63.38 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 92.26 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 86.91 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 72.60 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 118.08 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 94.55 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 73.07 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 76.41 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 78.48 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 74.43 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 64.83 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 71.91 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 68.71 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 76.28 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 168.96 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 106.31 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 69.54 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 109.64 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 82.61 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 225.56 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 116.01 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 88.02 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 67.35 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 72.28 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 70.89 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 77.05 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 173.24 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 67.35 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 80.08 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 86.28 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 158.56 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 72.92 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 71.73 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 71.06 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 89.94 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 97.10 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 108.38 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 86.70 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 88.17 8 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 23 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 108.21 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 85.18 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 89.62 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 78.97 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 64.97 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 97.71 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 79.92 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 64.49 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 70.53 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 64.33 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 69.74 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 71.97 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 283.42 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 92.16 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 63.70 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 406.34 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 126.67 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 71.17 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 199.00 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 121.26 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 93.27 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 120.94 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 95.82 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 67.35 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 69.74 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 83.41 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 164.68 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 79.81 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 96.77 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 70.69 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 103.29 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 77.52 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 74.04 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 101.54 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 81.99 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 75.44 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 69.28 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 82.10 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 65.61 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 104.40 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 109.81 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 70.69 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 113.61 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 72.76 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 81.35 9 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 24 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 80.71 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 90.09 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 61.94 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 119.81 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 118.38 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 99.51 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 210 State  Gas Tax 523012 123.32 210 Total 63,155.81
237094 05/05/2023 PRINTED 8158 SARA  DABBAGH 212 Local  Streets & Roads Program 523006 2,250.00 212 Total 2,250.00
237057 05/05/2023 PRINTED 512 DESERT  ARC 217 Waste  Recycling AB939 521064 1,308.50 237093 05/05/2023 PRINTED 8192 SAMUEL  BERNAL 217 Waste  Recycling AB939 524002 300.00 217 Total 1,608.50
237081 05/05/2023 PRINTED 173 Kassim  Alwishah 222 Asset  Forfeiture 254020 174,686.90 237175 05/12/2023 PRINTED 347 RIVERSIDE  COUNTY DA'S OFFICE 222 Asset  Forfeiture 254020 30,827.10 237081 05/05/2023 PRINTED 173 Kassim  Alwishah 222 Asset  Forfeiture 561006 4,646.67 237175 05/12/2023 PRINTED 347 RIVERSIDE  COUNTY DA'S OFFICE 222 Asset  Forfeiture 561006 820.00 222 Total 210,980.67
237074 05/05/2023 PRINTED 7872 THE  LAMAR COMPANIES 226 Cannabis  Tax Fund Grant 521064 2,300.00 237123 05/12/2023 PRINTED 7319 ISRAEL  CAMPOA 226 Cannabis  Tax Fund Grant 524028 306.70 237155 05/12/2023 PRINTED 7820 JESSE  YUHAS 226 Cannabis  Tax Fund Grant 524028 287.80 226 Total 2,894.50
237118 05/12/2023 PRINTED 8124 AMERICAN  BIKE PATROL SERVICES 228 Police  Traffic Services 531060 22,621.18 228 Total 22,621.18
237188 05/12/2023 PRINTED 5887 THE  RAMSAY GROUP 230 Community  Dev Block Grant 521064 6,930.00 237162 05/12/2023 PRINTED 3134 MARTHA'S  VILLAGE & KITCHEN 230 Community  Dev Block Grant 540024 7,228.62 237162 05/12/2023 PRINTED 3134 MARTHA'S  VILLAGE & KITCHEN 230 Community  Dev Block Grant 540024 6,380.46 237162 05/12/2023 PRINTED 3134 MARTHA'S  VILLAGE & KITCHEN 230 Community  Dev Block Grant 540024 5,047.08 237162 05/12/2023 PRINTED 3134 MARTHA'S  VILLAGE & KITCHEN 230 Community  Dev Block Grant 540024 8,082.91 237162 05/12/2023 PRINTED 3134 MARTHA'S  VILLAGE & KITCHEN 230 Community  Dev Block Grant 540024 6,350.57 237162 05/12/2023 PRINTED 3134 MARTHA'S  VILLAGE & KITCHEN 230 Community  Dev Block Grant 540024 14,475.07 230 Total 54,494.71
10 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 25 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400001 Sundance  (1) 523045 131.53 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400001 Sundance  (1) 523045 65.90 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400001 Sundance  (1) 523045 89.75 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400001 Sundance  (1) 523045 196.57 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400001 Sundance  (1) 523045 77.73 2400001 Total 561.48
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400004 Jackson  Park (4) 523045 38.94 2400004 Total 38.94
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400005 Pacesetter  Homes 523045 143.36 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400005 Pacesetter  Homes 523045 65.90 2400005 Total 209.26
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400008 Lumbermens  (8) 523045 69.08 2400008 Total 69.08
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400010 Liberty  Village (10) 523045 148.83 2400010 Total 148.83
237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400015 Villa  Pacific (15) 521064 500.00 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400015 Villa  Pacific (15) 523045 126.76 2400015 Total 626.76
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400017 Highway  111 (17) 523045 191.80 2400017 Total 191.80
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400019 Palm  Meadows (19) 523045 272.90 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400019 Palm  Meadows (19) 523045 163.85 2400019 Total 436.75
237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400021 Santa  Rosa (21) 521064 850.00 237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400021 Santa  Rosa (21) 521064 1,230.00 2400021 Total 2,080.00
237134 05/12/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 2400026 Rincon  Homes (26) 523027 15.37 237134 05/12/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 2400026 Rincon  Homes (26) 531054 124.89 237134 05/12/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 2400026 Rincon  Homes (26) 531054 165.43 237134 05/12/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 2400026 Rincon  Homes (26) 531054 254.89 237134 05/12/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 2400026 Rincon  Homes (26) 531054 25.49 2400026 Total 586.07
237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400033 Shad  Hills Vil (33) 521064 870.00 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400033 Shad  Hills Vil (33) 523045 233.05 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400033 Shad  Hills Vil (33) 523045 153.79 2400033 Total 1,256.84
237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400034 Madison  Ranch (34) 521064 310.00 237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400034 Madison  Ranch (34) 521064 481.00 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 2400034 Madison  Ranch (34) 521064 2,975.00 2400034 Total 3,766.00
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400035 Corta  Bella (35) 523045 48.49 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400035 Corta  Bella (35) 523045 40.53 2400035 Total 89.02
11 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 26 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237124 05/12/2023 PRINTED 3495 CANYON  POOLS, INC. 2400037 Las  Brisas N (37) 523015 165.00 2400037 Total 165.00
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400038 Villa  Montego (38) 523045 164.93 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400038 Villa  Montego (38) 523045 264.73 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400038 Villa  Montego (38) 523045 306.45 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400038 Villa  Montego (38) 523045 134.71 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400038 Villa  Montego (38) 523045 249.05 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400038 Villa  Montego (38) 523045 198.16 2400038 Total 1,318.03
237128 05/12/2023 PRINTED 281 COACHELLA  VALLEY WATER DISTRICT 2400039 Monticello  (39) 523045 147.16 237128 05/12/2023 PRINTED 281 COACHELLA  VALLEY WATER DISTRICT 2400039 Monticello  (39) 523045 414.35 2400039 Total 561.51
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400040 Shadow  Hills (40) 523045 245.87 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400040 Shadow  Hills (40) 523045 210.88 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400040 Shadow  Hills (40) 523045 249.05 2400040 Total 705.80
237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 2400041 Sunburst  (41) 523027 150.44 2400041 Total 150.44
237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 2400043 Whittier  Ranch (43) 521064 15,279.48 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400043 Whittier  Ranch (43) 523045 135.87 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400043 Whittier  Ranch (43) 523045 105.66 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400043 Whittier  Ranch (43) 523045 150.18 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400043 Whittier  Ranch (43) 523045 519.37 2400043 Total 16,190.56
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400044 Palazzo  (44) 523045 199.91 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400044 Palazzo  (44) 523045 134.28 2400044 Total 334.19
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400045 Shad  Hills Bus Pk (45) 523045 67.49 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400045 Shad  Hills Bus Pk (45) 523045 62.82 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400045 Shad  Hills Bus Pk (45) 523045 207.70 2400045 Total 338.01
237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400046 Bella  Tierra (46) 521064 480.00 237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400046 Bella  Tierra (46) 521064 1,400.00 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400046 Bella  Tierra (46) 523045 130.64 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400046 Bella  Tierra (46) 523045 158.57 2400046 Total 2,169.21
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400047 Rancho  Verde (47) 523045 51.67 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400047 Rancho  Verde (47) 523045 45.30 2400047 Total 96.97
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400048 General  Patton Park (48) 523045 37.14 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400048 General  Patton Park (48) 523045 109.92 2400048 Total 147.06
237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400050 Desert  Trace (50) 521064 480.00 237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400050 Desert  Trace (50) 521064 1,070.00 237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400050 Desert  Trace (50) 521064 3,000.00 12 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 27 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400050 Desert  Trace (50) 521064 2,970.00 237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400050 Desert  Trace (50) 521064 2,380.00 237113 05/05/2023 PRINTED 3421 WEST  COAST ARBORISTS, INC 2400050 Desert  Trace (50) 521064 2,090.00 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400050 Desert  Trace (50) 523045 365.29 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400050 Desert  Trace (50) 523045 34.16 2400050 Total 12,389.45
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400053 Pacific  Indio Retail Ctr (53) 523045 73.85 2400053 Total 73.85
237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400054 County  Law Bldg (54) 523045 37.90 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 2400054 County  Law Bldg (54) 523045 71.54 2400054 Total 109.44
237084 05/05/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 4,274.34 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 1,178.79 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 3,369.63 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 400.61 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 928.13 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 567.67 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 301.85 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 407.72 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 1,108.97 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 257.78 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 474.82 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 193.41 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 1,877.70 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 5,367.47 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 638.12 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 1,478.42 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 904.24 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 480.82 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 649.46 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 1,766.48 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 410.62 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 756.34 237167 05/12/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 308.08 237084 05/05/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 12,218.38 237084 05/05/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 1,452.61 237084 05/05/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 3,365.44 237084 05/05/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 2,058.35 237084 05/05/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 1,094.54 13 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 28 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237084 05/05/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 1,478.42 237084 05/05/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 4,021.17 237084 05/05/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 934.72 237084 05/05/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 1,721.71 237084 05/05/2023 PRINTED 7976 OUTDOOR  CREATIONS INC. 241 American  Rescue Plan Act 523006 701.32 241 Total 57,148.13
237199 05/12/2023 PRINTED 8156 WALCZAK  & HEISS INC. 300 Capital  Improvements 521064 15,000.00 237038 05/05/2023 PRINTED 2244 BESTSIGNS,  INC. 300 Capital  Improvements 523006 31,562.38 237147 05/12/2023 PRINTED 259 IMPERIAL  IRRIGATION DISTRICT 300 Capital  Improvements 523006 4,000.00 237051 05/05/2023 PRINTED 6580 DAILY  JOURNAL CORPORATION 300 Capital  Improvements 523006 882.35 237034 05/05/2023 PRINTED 7406 ATP  GENERAL ENGINEERING CONTRACTORS 300 Capital  Improvements 523006 2,547,180.86 237101 05/05/2023 PRINTED 8105 TD  SPORTS, INC. 300 Capital  Improvements 555007 11,034.00 237101 05/05/2023 PRINTED 8105 TD  SPORTS, INC. 300 Capital  Improvements 555007 16,551.00 300 Total 2,626,210.59
237037 05/05/2023 PRINTED 8194 BEAZER  HOMES USA, INC. 311 DIF  Storm Drain Infrastructure 209005 69,687.76 311 Total 69,687.76
237037 05/05/2023 PRINTED 8194 BEAZER  HOMES USA, INC. 312 DIF  Road Bridge Infrastructure 209005 19,352.45 312 Total 19,352.45
237037 05/05/2023 PRINTED 8194 BEAZER  HOMES USA, INC. 313 DIF  Traffic Sig Infrastructure 209005 6,980.39 313 Total 6,980.39
237037 05/05/2023 PRINTED 8194 BEAZER  HOMES USA, INC. 314 DIF  Park Infrastructure 209005 55,608.00 314 Total 55,608.00
237037 05/05/2023 PRINTED 8194 BEAZER  HOMES USA, INC. 315 DIF  Public Facilities 209005 11,103.97 315 Total 11,103.97
237037 05/05/2023 PRINTED 8194 BEAZER  HOMES USA, INC. 316 DIF  Police Infrastructure 209005 2,347.77 316 Total 2,347.77
237037 05/05/2023 PRINTED 8194 BEAZER  HOMES USA, INC. 317 DIF  Fire Infrastructure 209005 13,641.91 317 Total 13,641.91
237157 05/12/2023 PRINTED 2684 LANDMARK  CONSULTANTS, INC 331 Lease  Revenue Bonds 2022 553005 5,672.16 237115 05/12/2023 PRINTED 7742 A ‐TECH CONSULTING ,INC 331 Lease  Revenue Bonds 2022 553005 4,720.00 331 Total 10,392.16
237158 05/12/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 104010 75,000.00 237159 05/12/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 521036 3,094.00 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 521036 23,444.66 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 521060 1,951.56 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 521064 604.00 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 520 Municipal  Golf 523012 7,517.03 237071 05/05/2023 PRINTED 403 IMPERIAL  IRRIGATION DISTRICT 520 Municipal  Golf 523012 402.47 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 523024 145.45 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 523027 28,901.78 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 523045 2,017.71 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 524002 1,722.67 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 524006 100.95 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 524010 1,622.35 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 524024 1,674.75 14 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 29 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 524028 14.63 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 531015 625.90 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 531033 375.85 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 531048 2,293.79 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 540018 125.00 237075 05/05/2023 PRINTED 722 LANDMARK  GOLF LIMITED PARTNERSHIP 520 Municipal  Golf 540021 35.00 520 Total 151,669.55
237116 05/12/2023 PRINTED 7935 ADRAZEN  NETWORKS LLC 602 Information  Technology 521084 4,999.78 237117 05/12/2023 PRINTED 6969 AMAZON  CAPITAL SERVICES 602 Information  Technology 523024 28.03 237198 05/12/2023 PRINTED 2132 VERIZON  WIRELESS 602 Information  Technology 524006 3,162.83 237186 05/12/2023 PRINTED 4707 T ‐MOBILE USA 602 Information  Technology 524006 69.30 237131 05/12/2023 PRINTED 6352 CROWN  CASTLE FIBER LLC 602 Information  Technology 524008 2,400.00 237131 05/12/2023 PRINTED 6352 CROWN  CASTLE FIBER LLC 602 Information  Technology 524008 (297.90) 237181 05/12/2023 PRINTED 6493 SOUTH  COAST COPY SYSTEMS 602 Information  Technology 524022 2,949.30 237172 05/12/2023 PRINTED 5051 QUADIENT  LEASING USA, INC 602 Information  Technology 524024 1,230.65 237142 05/12/2023 PRINTED 6225 FRONTIER  CALIFORNIA, INC 602 Information  Technology 524026 92.44 237143 05/12/2023 PRINTED 6225 FRONTIER  CALIFORNIA, INC 602 Information  Technology 524026 36.56 237125 05/12/2023 PRINTED 603 CDW  GOVERNMENT 602 Information  Technology 531018 397.92 237169 05/12/2023 PRINTED 5781 PAUL  ASSOCIATES 602 Information  Technology 531033 1,596.44 237169 05/12/2023 PRINTED 5781 PAUL  ASSOCIATES 602 Information  Technology 531033 1,575.10 237117 05/12/2023 PRINTED 6969 AMAZON  CAPITAL SERVICES 602 Information  Technology 531060 161.98 237130 05/12/2023 PRINTED 6402 CONVERGEONE,  INC 602 Information  Technology 555011 17,149.97 602 Total 35,552.40
237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 52.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 45.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 45.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 72.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 72.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 52.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 45.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 142.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 72.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 42.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 42.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 50.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 77.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 73.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 41.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 206.02 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 521078 1,295.00 237054 05/05/2023 PRINTED 7969 DC  ELECTRONICS TWO, INC 604 Buildings  and Grounds 521078 248.00 237132 05/12/2023 PRINTED 7969 DC  ELECTRONICS TWO, INC 604 Buildings  and Grounds 521078 82.13 237132 05/12/2023 PRINTED 7969 DC  ELECTRONICS TWO, INC 604 Buildings  and Grounds 521078 24.00 237132 05/12/2023 PRINTED 7969 DC  ELECTRONICS TWO, INC 604 Buildings  and Grounds 521078 48.00 237132 05/12/2023 PRINTED 7969 DC  ELECTRONICS TWO, INC 604 Buildings  and Grounds 521078 248.00 15 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 30 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237070 05/05/2023 PRINTED 6331 ICH  POWER PARTNERS, LLC 604 Buildings  and Grounds 523012 1,913.54 237146 05/12/2023 PRINTED 6331 ICH  POWER PARTNERS, LLC 604 Buildings  and Grounds 523012 1,913.54 237146 05/12/2023 PRINTED 6331 ICH  POWER PARTNERS, LLC 604 Buildings  and Grounds 523012 2,196.74 237070 05/05/2023 PRINTED 6331 ICH  POWER PARTNERS, LLC 604 Buildings  and Grounds 523012 2,196.74 237110 05/05/2023 PRINTED 1207 VALLEY  LOCK & SAFE 604 Buildings  and Grounds 523015 69.60 237196 05/12/2023 PRINTED 1207 VALLEY  LOCK & SAFE 604 Buildings  and Grounds 523015 2,583.90 237110 05/05/2023 PRINTED 1207 VALLEY  LOCK & SAFE 604 Buildings  and Grounds 523015 119.82 237110 05/05/2023 PRINTED 1207 VALLEY  LOCK & SAFE 604 Buildings  and Grounds 523015 1,238.31 237145 05/12/2023 PRINTED 215 GRAINGER 604 Buildings  and Grounds 523015 474.00 237145 05/12/2023 PRINTED 215 GRAINGER 604 Buildings  and Grounds 523015 628.89 237048 05/05/2023 PRINTED 2797 COMTRON  SYSTEMS, INC 604 Buildings  and Grounds 523015 165.00 237129 05/12/2023 PRINTED 2797 COMTRON  SYSTEMS, INC 604 Buildings  and Grounds 523015 130.00 237140 05/12/2023 PRINTED 292 FERGUSON  ENTERPRISES, LLC. # 1350 604 Buildings  and Grounds 523015 139.07 237140 05/12/2023 PRINTED 292 FERGUSON  ENTERPRISES, LLC. # 1350 604 Buildings  and Grounds 523015 38.66 237097 05/05/2023 PRINTED 3530 SOUTHWEST  PLUMBING INC 604 Buildings  and Grounds 523015 1,301.88 237097 05/05/2023 PRINTED 3530 SOUTHWEST  PLUMBING INC 604 Buildings  and Grounds 523015 183.51 237058 05/05/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 604 Buildings  and Grounds 523015 42.48 237058 05/05/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 604 Buildings  and Grounds 523015 436.52 237058 05/05/2023 PRINTED 39 DESERT  ELECTRIC SUPPLY 604 Buildings  and Grounds 523015 38.35 237168 05/12/2023 PRINTED 4232 PATTON  DOOR & GATE 604 Buildings  and Grounds 523015 250.00 237090 05/05/2023 PRINTED 6606 RIVCO  MECHANICAL SERVICES, INC. 604 Buildings  and Grounds 523015 8,460.00 237174 05/12/2023 PRINTED 6606 RIVCO  MECHANICAL SERVICES, INC. 604 Buildings  and Grounds 523015 11,697.00 237100 05/05/2023 PRINTED 6811 STEVE  HODGES BACKFLOW 604 Buildings  and Grounds 523015 2,400.00 237100 05/05/2023 PRINTED 6811 STEVE  HODGES BACKFLOW 604 Buildings  and Grounds 523015 2,978.69 237100 05/05/2023 PRINTED 6811 STEVE  HODGES BACKFLOW 604 Buildings  and Grounds 523015 2,958.33 237100 05/05/2023 PRINTED 6811 STEVE  HODGES BACKFLOW 604 Buildings  and Grounds 523015 700.00 237060 05/05/2023 PRINTED 724 DESERT  STEEL SUPPLY 604 Buildings  and Grounds 523015 34.26 237088 05/05/2023 PRINTED 7576 REFRIGERATION  CONTROL CO. INC. 604 Buildings  and Grounds 523015 857.94 237088 05/05/2023 PRINTED 7576 REFRIGERATION  CONTROL CO. INC. 604 Buildings  and Grounds 523015 2,001.26 237088 05/05/2023 PRINTED 7576 REFRIGERATION  CONTROL CO. INC. 604 Buildings  and Grounds 523015 1,208.17 237088 05/05/2023 PRINTED 7576 REFRIGERATION  CONTROL CO. INC. 604 Buildings  and Grounds 523015 979.28 237088 05/05/2023 PRINTED 7576 REFRIGERATION  CONTROL CO. INC. 604 Buildings  and Grounds 523015 3,749.85 237088 05/05/2023 PRINTED 7576 REFRIGERATION  CONTROL CO. INC. 604 Buildings  and Grounds 523015 515.50 237109 05/05/2023 PRINTED 7806 USA  DRAIN AND PLUMBING WORKS INC. 604 Buildings  and Grounds 523015 1,475.00 237043 05/05/2023 PRINTED 7817 CAVANAUGH  ELECTRIC & AIR CONDITIONING 604 Buildings  and Grounds 523015 2,290.00 237043 05/05/2023 PRINTED 7817 CAVANAUGH  ELECTRIC & AIR CONDITIONING 604 Buildings  and Grounds 523015 2,225.00 237043 05/05/2023 PRINTED 7817 CAVANAUGH  ELECTRIC & AIR CONDITIONING 604 Buildings  and Grounds 523015 957.15 237043 05/05/2023 PRINTED 7817 CAVANAUGH  ELECTRIC & AIR CONDITIONING 604 Buildings  and Grounds 523015 4,800.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 523015 52.00 237036 05/05/2023 PRINTED 7854 BAY  ALARM COMPANY 604 Buildings  and Grounds 523015 97.00 237092 05/05/2023 PRINTED 7859 COACHELLA  VALLEY SIGNS 604 Buildings  and Grounds 523015 1,874.50 237065 05/05/2023 PRINTED 7913 FLORES  CARPETS, INC. 604 Buildings  and Grounds 523015 600.00 237087 05/05/2023 PRINTED 7919 RA  STRUCTURAL ENGINEERING, INC. 604 Buildings  and Grounds 523015 2,500.00 237193 05/12/2023 PRINTED 81 UNITED  REFRIGERATION INC 604 Buildings  and Grounds 523015 2,315.32 237193 05/12/2023 PRINTED 81 UNITED  REFRIGERATION INC 604 Buildings  and Grounds 523015 931.35 16 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 31 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 604 Buildings  and Grounds 523021 390.00 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 604 Buildings  and Grounds 523027 1,279.48 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 604 Buildings  and Grounds 523027 349.00 237064 05/05/2023 PRINTED 4470 EXCEL  LANDSCAPE, INC. 604 Buildings  and Grounds 523027 1,355.40 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 720.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 160.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 150.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 250.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 900.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 120.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 821.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 160.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 150.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 250.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 900.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 120.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 591.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 160.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 150.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 250.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 900.00 237156 05/12/2023 PRINTED 5116 LA  HACIENDA NURSERY & LANDSCAPE INC 604 Buildings  and Grounds 523027 120.00 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 242.24 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 65.90 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 223.88 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 123.15 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 240.15 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 81.61 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 191.96 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 209.29 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 156.54 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 85.00 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 388.85 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 105.00 237153 05/12/2023 PRINTED 564 INDIO  WATER AUTHORITY 604 Buildings  and Grounds 523045 193.20 237173 05/12/2023 PRINTED 614 QUILL  CORPORATION 604 Buildings  and Grounds 531033 54.35 237145 05/12/2023 PRINTED 215 GRAINGER 604 Buildings  and Grounds 531054 879.12 237145 05/12/2023 PRINTED 215 GRAINGER 604 Buildings  and Grounds 531054 903.25 237140 05/12/2023 PRINTED 292 FERGUSON  ENTERPRISES, LLC. # 1350 604 Buildings  and Grounds 531054 92.82 237140 05/12/2023 PRINTED 292 FERGUSON  ENTERPRISES, LLC. # 1350 604 Buildings  and Grounds 531054 194.98 237140 05/12/2023 PRINTED 292 FERGUSON  ENTERPRISES, LLC. # 1350 604 Buildings  and Grounds 531054 72.48 237140 05/12/2023 PRINTED 292 FERGUSON  ENTERPRISES, LLC. # 1350 604 Buildings  and Grounds 531054 265.77 237189 05/12/2023 PRINTED 78 TOPS  N BARRICADES 604 Buildings  and Grounds 531057 19.85 604 Total 92,826.57
237154 05/12/2023 PRINTED 5273 JAUREGUI  & CULVER, INC. 605 Fleet  Maintenance 523036 2,472.08 17 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 32 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237095 05/05/2023 PRINTED 6666 SC  FUELS 605 Fleet  Maintenance 531030 8,959.81 237178 05/12/2023 PRINTED 6666 SC  FUELS 605 Fleet  Maintenance 531030 1,464.59 237095 05/05/2023 PRINTED 6666 SC  FUELS 605 Fleet  Maintenance 531030 11,155.15 237095 05/05/2023 PRINTED 6666 SC  FUELS 605 Fleet  Maintenance 531030 1,932.31 237173 05/12/2023 PRINTED 614 QUILL  CORPORATION 605 Fleet  Maintenance 531033 101.10 237173 05/12/2023 PRINTED 614 QUILL  CORPORATION 605 Fleet  Maintenance 531033 202.08 237173 05/12/2023 PRINTED 614 QUILL  CORPORATION 605 Fleet  Maintenance 531033 34.79 237173 05/12/2023 PRINTED 614 QUILL  CORPORATION 605 Fleet  Maintenance 531033 106.32 237179 05/12/2023 PRINTED 7680 SC  FUELS 605 Fleet  Maintenance 531069 211.98 605 Total 26,640.21
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 707 AD  2004‐1 Palazzo ‐Debt 521048 31.16 707 Total 31.16
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 709 AD  2004‐2 SHills/LBrisasN‐Deb 521048 31.16 709 Total 31.16
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 711 AD  2001‐1 ‐Debt 521048 249.28 711 Total 249.28
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 712 AD  2002‐1 Debt 521048 93.48 712 Total 93.48
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 713 AD  2002‐2 ‐Debt 521048 155.80 713 Total 155.80
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 714 AD  2002‐3 ‐Debt 521048 62.32 714 Total 62.32
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 716 AD  2004‐3 Desert Trace ‐Debt 521048 109.06 716 Total 109.06
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 718 AD  2003‐1 ‐Debt 521048 45.58 237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 718 AD  2003‐1 ‐Debt 521048 46.74 718 Total 92.32
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 719 AD  2003‐2 ‐Debt 521048 31.16 719 Total 31.16
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 720 AD  2003‐3 Indian Palms ‐Debt 521048 45.58 237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 720 AD  2003‐3 Indian Palms ‐Debt 521048 327.18 720 Total 372.76
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 723 AD  2003‐5  Sunburst ‐Debt 521048 31.16 723 Total 31.16
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 724 AD  2003‐06 SH MP PH2 ‐Debt 521048 46.74 724 Total 46.74
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 751 CFD  2005‐1 Talavera #2 ‐Debt 521048 62.32 751 Total 62.32
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 754 CFD  2005‐1 Talavera #1 ‐Debt 521048 136.74 237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 754 CFD  2005‐1 Talavera #1 ‐Debt 521048 202.54 754 Total 339.28
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 758 CFD  2004‐3 Terra Lago Refi 521048 182.32 237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 758 CFD  2004‐3 Terra Lago Refi 521048 296.02 758 Total 478.34
237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 759 CFD  2006‐1 Sonora Wells ‐Debt 521048 45.58 18 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 33 of 348 WARRANT REGISTER 04/29/2023‐05/12/2023
CHECK
NUMBER
CHECK DATE CHECK  TYPE VENDOR
NUMBER
VENDOR NAME ORG ORG  DESCRIPTION OBJECT PROJECT  AMOUNT 237200 05/12/2023 PRINTED 4562 WILLDAN  FINANCIAL SERVICES 759 CFD  2006‐1 Sonora Wells ‐Debt 521048 77.90 759 Total 123.48
237098 05/05/2023 PRINTED 6144 TIME  WARNER CABLE 875 Eastern  Riverside In Com Auth. 524008 790.87 237141 05/12/2023 PRINTED 265 FISHER  WIRELESS SERVICE, INC. 875 Eastern  Riverside In Com Auth. 524024 6,129.45 237091 05/05/2023 PRINTED 5698 RIVERSIDE  COUNTY 875 Eastern  Riverside In Com Auth. 524024 3,219.92 875 Total 10,140.24
237192 05/12/2023 PRINTED 4854 U.S.  BANK "CALCRD" CORP. PMT. SYS. 999 Treasury 201998 44,008.88 999 Total 44,008.88
Grand Total 4,359,442.65
19 of 19

AGENDA ITEM #10.2
City Warrants from 04.29.23 thru 05.12.23 (Rob Rockwell, Assistant City ... Page 34 of 348 City of Indio
City Council
May 17, 2023

STAFF REPORT

To: City Council
From: Bryan H. Montgomery, City Manager
Prepared by: Rob Rockwell, Asst. City Manager & Dir. Of Finance Subject: Resolution No. 10355 - Report of Investments for the quarter ending March 31, 2023; annual re-delegation of investment authority to the City Treasurer and the Treasurer of each of the Indio Water Authority, the Indio Public Financing Authority, and the Ind io Finance Authority; and adoption of an updated City Investment Policy.

RECOMMENDATION:

Receive and file the fiscal year 22/23 Third -Quarter Investment Report; adopt resolution no. 10355 approving the City’s updated Investment Policy; and approve the re-delegation of authority to the City Treasurer and the Treasurer of each of the Indio Water Authority, the Indio Public Financing Authority, and the Indio Finance Authority, as applicable, to invest, reinvest, sell, or exchange securities.

SUMMARY:

The attached quarterly-account statement (Attachment 1) reflects investment activity for the period of January 1, 2023, through March 31, 2023. The statement was reviewed by the City’s Investment Committee on May 17, 2023, with no objections noted. The City’s Investment Committee is composed of the City Treasurer, Finance Director, Mayor and Mayor Pro Tem. All investments and transactions are in compliance with Government Code and City policy. Interest accrued for the quarter ending March 31, 2023, for all pooled funds totaled $649,250. Total investments owned and/or managed by the City, totaled $198,008,762. The City invests public funds in conformance with federal, state, and other legal requirements. These requirements, along with general objectives, delegation of authority, procedures, internal controls, and reporting requirements are detailed in the Investment Policy. The requirement to re-delegate authority annually is detailed in Section V.A. of the City’s investment policy.

The City's invest ment policy (Attachment 2) is periodically updated to be in conformity with modernized state code and recommendations from the City's investment advisor Chandler Asset Management.

BACKGROUND INFORMATION:

The investment objectives of the City of Indio ar e first, to provide safety of principal to ensure the preservation of capital in the overall portfolio; second, to provide sufficient liquidity to meet all operating requirements; and third, to earn a commensurate rate of return consistent with the constraints imposed by the safety and liquidity objectives. The performance objective for the portfolio is to earn an average market yield over a market cycle that equals or exceeds the market index: the Bank of America Merrill Lynch Index of 1-5 Year Treasury securities. In order to achieve this objective, the portfolio is invested in high quality money market instruments, US Treasury and Agency securities, and US Corporate notes with a maximum maturity of five years. For the quarter ending March 31, 2023 the average 3 month market yield of the City’s investments was 1.66%, and the average market AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc... Page 35 of 348 yield of the Bank of America Merrill Lynch Index of 1-5 Year Treasury securities was 1.81%. Quarterly investment-reporting requirements as required in the City’s investment policy (Section XII, Paragraph A) are met in the Investment Report as follows:

Quarterly Reporting
Requirement Description Report Location
(Page #)
1 An asset listing showing par
value, cost and accurate and
complete market value of each
security, investment, type of
issuer, maturity date, and
interest rate
35-52
2a
Average maturity of the portfolio
and modified duration of the
portfolio
16, 23, 26, 28, 30, 32
2b Maturity distribution of the
portfolio 21
2c Average portfolio credit quality 20
2d
Time-weighted total rate of
return for the portfolio for the
prior one month, three months,
twelve months, year to date,
and since inception compared
to the Benchmark Index returns
for the same period
22 3 A statement of compliance with
investment policy 15
4 A statement that the City has
adequate funds to meet its cash
flow requirements for the next
six months
Staff Report

In accordance with Government Code and the City’s investment policy, staff confirms that the City has an adequate cash flow to meet its expenditure requirements for the next six months, pending any future actions by the City Council or any unforeseen catastrophe.

Recommended changes to the Investment Policy are incorporated and highlighted on Exhibit A of Attachment 2 (Resolution 10355).

ATTACHMENTS:

Att. 1 Investment Rpt Q3 2023
Att. 2 Reso No. 10355 - Indio Investment Policy 2023

APPROVAL(S):

Rob Rockwell, Asst. City Manager & Dir. Of Finance Approved - 09 May 2023 Steven Graham, City Attorney Approved - 10 May 2023

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc... Page 36 of 348 Bryan H. Montgomery, City Manager Approved - 10 May 2023

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc... Page 37 of 348 CHANDLER ASSET MANAGEMENT, INC. | 800.317.4747 | www.chandlerasset.com

INVESTMENT REPORT
Period Ending March 31, 2023
City of Indio

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 38 of 348 SECTION 1 Economic Update
SECTION 2 Account Profile
SECTION 3 Bond Proceeds
SECTION 4 Portfolio Holdings
SECTION 5 Transactions
Table of Contents As of March 31, 2023
1

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 39 of 348 SECTION |
Section 1 |
Economic Update
2

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 40 of 348 Economic Update
▪
▪
▪
Economic trends have been decelerating along with tighter financial conditions and restrictive monetary policy. Recent data suggests positive but below trend growth this year. Although the pace of job growth is moderating, labor markets remain solid, and the U.S. consumer has demonstrated resiliency. Market participants and the Federal Reserve are maintaining very divergent views regarding the future trajectory of monetary policy. Given the cumulative effects of tighter monetary policy and stress in the banking sector, we believe the Federal Reserve is likely near a pause in their rate hiking campaign. If moderate growth continues, we believe the Fed will likely maintain the Federal Funds rate in restrictive territory until inflationary pressures subside.

At the March meeting, the Federal Open Market Committee voted unanimously to raise the target federal funds rate by

0.25% to a range of 4.75 – 5.00%. Fed Chair Powell reiterated the committee’s focus on bringing down inflation to their 2% target; however, the committee softened language about "ongoing increases" in rates in the prior statement to "some additional policy firming may be appropriate". The statement also emphasized that the U.S. banking system is “sound and resilient” and acknowledged the tightening of financial conditions. The Chandler team believes the FOMC is likely near a pause in their rate hiking cycle.

In March, the yield curve inversion narrowed. The 2-year Treasury yield plummeted 79 basis points to 4.03%, the 5-year Treasury yield plunged 61 basis points to 3.58%, and the 10-year Treasury yield fell 45 basis points to 3.47%. The inversion between the 2-year Treasury yield and 10-year Treasury yield declined to -56 basis points at March month-end versus -90 basis points at February month-end. There was no spread between the 2-year Treasury and 10-year Treasury yield one year ago – the yields were approximately equal. The inversion between 3-month and 10-year Treasuries widened to -128 in March from -89 basis points in February. The shape of the yield curve indicates that the probability of recession is increasing.
3

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 41 of 348 Source: US Department of Labor Source: US Department of Labor Employment
The U.S. economy added 236,000 jobsin March, and the prior two months were revised downward by 17,000. Although the pace of job growth is moderating, employment remains strong, with the three-month moving average payrolls at 345,000 and the six-month moving average at 315,000. The private sector reported broad gains, led by leisure and hospitality. The unemployment rate fell to 3.5% due to a sharp rise in the number of people employed, and the participation rate increased to 62.6% from 62.5% in February. The U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons, declined to 6.7% from the prior month at 6.8%. Average hourly earnings rose 4.2% year-over-year in March, down from a 4.6% increasein February. Job Openings dipped to 9.9 million, the first drop below 10 million since May of 2021. While the overall pace of hiring is slowing, levels remain consistent with a solid labor market.
0 100
200
300
400
500
600
700
800
900
1,000
MOM Change In (000's)
Nonfarm Payroll (000's)
Non-farm Payroll (000's)
3 month average (000's)

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%
Unemployment Rate
Underemployment Rate (U6)
Unemployment Rate (U3)
Rate (%)
4

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 42 of 348 Source: US Department of Labor Source: US Department of Commerce Inflation
The Consumer Price Index (CPI) increased in February 0.4% month-over-month and 6.0% year-over-year, down from 6.4% in January. The Core CPI, which excludes volatile food and energy components, rose 0.5% month-over-month and 5.5% year-over-year, decelerating from 5.6% in January. Shelter costs were the primary factor in the headline CPI representing 70% of the increase. Of note, used car prices experienced a significant drop of 13.6% when compared to a year ago, the largest decline since 1960. The Personal Consumption Expenditures (PCE) index rose 5.0% year-over-year in February, improving from a 5.3% year-over-year gain in January. Core PCE, the Federal Reserve’s preferred inflation gauge, increased 4.6% year-over-year in February, the smallest increase since October 2021. Inflationary trends are declining but remain above the Fed's 2% target.

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Personal Consumption Expenditures (PCE)
PCE Price Deflator YOY % Change
PCE Core Deflator YOY % Change
YOY( %) Change

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Consumer Price Index (CPI)
CPI YOY % Change
Core CPI YOY % Change
YOY( %) Change
5

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 43 of 348 Advance Retail Sales fell -0.4% in February, but prior months were revised higher. Retail sales rose 5.4% year-over-year in February, versus January’s upwardly revised 7.7% year-over-year gain. The overall report exceeded expectations and points toward the resilience of the U.S. consumer. The Conference Board’s Consumer Confidence Index unexpectedly increased to 104.2in March from 103.4in February. While high inflation and recession concerns remain top of mind for many consumers, the strong labor market and low unemployment continue to support the strength in Consumer Confidence.

Source: US Department of Commerce Source: The Conference Board

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
Retail Sales YOY % Change
YOY (%) Change
80 90
100
110
120
130
140
Index Level
Consumer Confidence
Consumer
6

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 44 of 348 Source: The Conference Board Source: Federal Reserve Bank of Chicago Economic Activity
The Conference Board’s Leading Economic Index (LEI) remained in negative territory for the eleventh consecutive month at -0.3% in February, unchanged from -0.3% in January. The LEI was down 6.5% year-over-year in February versus down 5.9% year-over-year in January. The consistent decline month-over-month continues to signal future contraction in the economy. The Chicago Fed National Activity Index (CFNAI) declined to -0.19 in February from +0.23 in January. On a 3-month moving average basis, the CFNAI increased to -0.13 in February from -0.27 in January, indicating a rate of growth below the historical average trend. -0.50
-0.25

0.00 0.25

0.50 0.75

1.00 Chicago Fed National Activity Index (CFNAI)
3 Month Average
-1.0%
-0.5%

0.0%

0.5%

1.0%

1.5%
Leading Economic Indicators (LEI)
MOM ( %) Change
7

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 45 of 348 Source: US Department of Commerce Source: S&P
Housing
0 200
400
600
800
1000
1200
1400
1600
1800
2000
MOM Change (In Thousands of Units)
Housing Starts
Multi Family Housing Starts
Single Family Housing Starts

0.0%

3.0%

6.0%

9.0%

12.0%

15.0%

18.0%

21.0%

24.0%
S&P/Case-Shiller 20 City Composite Home Price Index
YOY( %) Change
Total housing starts rose 9.8% month-over-month in February to 1,450,000 units and were down 18.4% compared to February 2022. Starts for both single-family and multi-family homes increased as mortgage rates declined from recent peaks. The 30-year fixed rate mortgage fell to an average of 6.24% accordingto Freddie Mac, down from a peak of 7.08%in October, but up from 4.67% a year ago. According to the Case-Shiller 20-City Home Price Index, the year-over-year increase continued its declining rate of gain to +2.55% in January from +4.62% in December, clearly displaying the impact of higher mortgage rates year-over-year, which have reduced demand for homebuying as affordability has declined. This is the lowest rate of annual appreciation since December 2019. 8

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 46 of 348 Source: Institute for Supply Management Source: Federal Reserve Manufacturing
The Institute for Supply Management (ISM) manufacturing index fell to 46.3in March from 47.7in February. This is the fifth consecutive month of readings below 50.0, which is indicative of contraction in the manufacturing sector. All components weakened, including the headline, new orders, employment, and prices. Industrial production was flat in February after an upward revision to +0.3% in January. This equates to a -

0.25% decline from the prior year. Capacity utilization remained at 78.0% in February versus a downwardly revised 78.0% in January and has fallen below the 1972-2021 average of 79.6%.
40 42
44 46
48 50
52 54
56 58
60 62
64 66
Institute of Supply Management Purchasing Manager Index

EXPANDING

CONTRACTING
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%
Industrial Production
YOY( %) Change
9

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 47 of 348 Source: US Department of Commerce Source: US Department of Commerce 3/22 6/22 9/22 12/22

0.9% 1.4% 1.5% 0.7%

1.0% -2.8% -1.8% 0.8%
-3.1% 1.2% 2.9% 0.4%
-0.4% -0.2% 0.2% 0.4%

0.0% -0.1% 0.4% 0.3%
-1.6% -0.6% 3.3% 2.6%
Federal Government Expenditures
State and Local (Consumption and Gross
Investment)
Gross Private Domestic Investment
Personal Consumption Expenditures
Components of GDP
Net Exports and Imports
Total
-35.0%
-30.0%
-25.0%
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Gross Domestic Product (GDP)
According to the third estimate, fourth quarter 2022GDP growth was revised downward to 2.6% from 2.7%. The revision lower was primarily due to weaker growth in personal consumption expenditures and a wider trade gap in net exports. The consensus estimate calls for 1.6% growth in the first quarter and 1.0% growth for the full year 2023. 10

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 48 of 348 Federal Reserve
Source: Federal Reserve Source: Bloomberg
At the March meeting, the Federal Open Market Committee voted unanimously to raise the target federal funds rate by 0.25% to a range of

4.75 – 5.00%. Fed Chair Powell reiterated the committee’s focus on bringing down inflation to their 2% target; however, the committee softened language about "ongoing increases" in rates in the prior statement to "some additional policy firming may be appropriate". The statement also emphasized that the U.S. banking system is “sound and resilient” and acknowledged the tightening in financial conditions.

Powell indicated that the extent of these effects is uncertain but speculated that tighter credit conditions could be equivalent to a rate hike or more. The Summary of Economic Projections was little changed, with the consensus target federal funds rate rising to 5.1% by the end of 2023 (implying one more quarter point hike), falling to 4.3% in 2024(up from 4.1% previously), and declining to 3.1% by the end of 2025. No rate cuts were in the Fed’s base case for this year, contrary to the market consensus. Although projections imply policymakers are winding down interest rate hikes, the statement clearly reflected optionality for the Fed to remain data dependent. The Chandler team believes the Fed is likely near a pause in their rate hiking cycle.

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

4.00%

4.50%

5.00%
Effective Federal Funds Rate
Yield (%)
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
Federal Reserve Balance Sheet Assets
In $ millions
11

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 49 of 348 Source: Bloomberg Source: Bloomberg

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%

4.5%

5.0%
US Treasury Note Yields
2-Year
5-Year
10-Year
Yield (%)

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
US Treasury Yield Curve
Mar-23
Dec-22
Mar-22
Yield (%)
Bond Yields
At the end of March, the 2-year Treasury yield was 169 basis points higher, and the 10-Year Treasury yield was about 113 basis points higher, year-over-year. The inversion between the 2-year Treasury yield and 10-year Treasury yield narrowed to -56 basis points at March month-end versus -90 basis points at February month-end. The average historical spread (since 2003)is about +130 basis points. The inversion between 3- month and 10-year Treasuries widened to -128 in March from -89 basis points in February. The shape of the yield curve indicates that the probability of recession is increasing.
12

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 50 of 348 Section 2|SECTION |
Section 2 |
Account Profile
13

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 51 of 348 Objectives
Chandler Asset Management Performance Objective
The performance objective for the accounts is to achieve a rate of return over a market cycle that equals or exceeds the return on a market index of similar duration and sector allocation.

Investment Objectives
The City of Indio’s investment objectives, in order of priority, are to provide safety to ensure the preservation of capital in the overall portfolio, provide sufficient liquidity for cash needs and a market rate of return consistent with the investment program.

Strategy
In order to achieve these objectives, the portfolio invests in high quality fixed income securities consistent with the investment policy and California Government Code.

As of March 31, 2023
14

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 52 of 348 Compliance As of March 31, 2023
Category Standard Comment
U.S. Treasuries No Limitation; Full faith and credit of the U.S. are pledged for the payment of principal and interest Complies Federal Agencies
No Limitation; Federal agency or U.S. government-sponsored enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or U.S. government-sponsored enterprises.

Complies
Supranational Obligations "AA" rating category or better by a NRSRO; 30% max; 10% max per issuer; USD denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by IBRD, IFC, IADB Complies Municipal Securities 10% max; 5% max per issuer; Approval by City Council required Complies Corporate Medium Term Notes "A" rating category or better by two NRSROs; 30% max; 5% max per issuer; Issued by corporations organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S. Complies Asset-Backed, Mortgage-Backed,
Mortgage Pass-Through Securities,
Collateralized Mortgage Obligations
"AA" rating category or better by a NRSRO; 20% max (combined ABS/MBS/CMO); 5% max per Asset-Backed or Commercial Mortgage security issuer; There is no issuer limitation on any mortgage security where the issuer is U.S.

Treasury, Federal Agency, or U.S. GSE
Complies
Negotiable Certificates of Deposit
(NCD)
The amount of NCD insured up to the FDIC limit does not require any credit ratings; Any amount above FDIC insured limit must be issued by institutions with "A-1" short-term debt rating or better by a NRSRO; or "A" long-term rating category or better by a NRSRO; 30% max; 5% max per issuer; Issued by a nationally or state-chartered bank, or a federal or state association, a state or federal credit union, or by a federally-licensed or state-licensed branch of a foreign bank.

Complies
Non-negotiable Certificates of
Deposits/Time Deposits
(FDIC/Collateralized)
Non-Negotiable Certificates of Deposit in state or federally chartered banks, savings and loans, or credit unions; For FDIC insured CDs, the amount per institution is limited to maximum covered under FDIC; CDs in excess of insured amounts are fully collateralized with securities in accordance with California law Complies
Banker’s Acceptances "A1" rated or higher by two NRSROs; and "A" rated or higher long-term debt by two NRSROs; 40% max; 5% max per issuer; 180 days max maturity Complies
Commercial Paper
"A1" rated or higher by two NRSROs; and "A" rated or higher long-term debt by two NRSROs; 25% max; 5% max per issuer; 270 days max maturity; Issuer is a corporation organized and operating within the U.S. with assets in excess of $500 million
Complies
Money Market Mutual Funds Highest rating or "AAA" rated by two NRSROs; or SEC registered adviser with AUM >$500 million and experience greater than 5 years; 20% max Complies
Local Agency Investment Fund (LAIF) Max permitted amount in LAIF Complies Repurchase Agreements 1 year max maturity; Not used by investment adviser Complies Max Per Issuer 5% max per issuer, except US Government, its agencies and instrumentalities, Supranational securities, and money market mutual funds Complies
Max Callable 15% max Complies
Maximum Maturity 5 years Complies
City of Indio
Assets managed by Chandler Asset Management are in full compliance with state law and with the City's investment policy. 15

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 53 of 348 Portfolio Characteristics
City of Indio
03/31/23 12/31/22
Benchmark* Portfolio Portfolio
Average Maturity (yrs) 2.62 2.72 2.65
Average Modified Duration 2.50 2.33 2.29
Average Purchase Yield n/a 2.40% 2.15%
Average Market Yield 4.02% 4.43% 4.65%
Average Quality** AAA AA/Aa1 AA/Aa1
Total Market Value 105,315,907 103,591,135
*ICE BofA 1-3 Yr US Treasury & Agency Index to 09/16/2016 **Benchmark is a blended rating of S&P, Moody’s, and Fitch. Portfolio is S&P and Moody’s respectively.

As of March 31, 2023
16

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 54 of 348 City of Indio
Sector Distribution
ABS

10.1%
Agency

15.8%
CMO

8.3%
Corporate

26.6%
Money Market
Fund

0.6%
Municipal Bonds

0.5%
Supranational

5.8%
US Treasury

32.2%
March 31, 2023 December 31, 2022
ABS

10.9%
Agency

17.9%
CMO

8.5%
Corporate

25.8%
Money Market
Fund

0.4%
Municipal Bonds

0.5%
Supranational

5.8%
US Treasury

30.2%
As of March 31, 2023
17

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 55 of 348 Issue Name Investment Type % Portfolio
Government of United States US Treasury 32.24%
Federal Home Loan Mortgage Corp CMO 8.26%
Federal Home Loan Bank Agency 6.00%
Federal National Mortgage Association Agency 5.97%
Federal Home Loan Mortgage Corp Agency 2.84%
International Finance Corp Supranational 2.19%
Intl Bank Recon and Development Supranational 1.81%
Inter-American Dev Bank Supranational 1.81%
Morgan Stanley Corporate 1.76%
JP Morgan Chase & Co Corporate 1.76%
Bank of America Corp Corporate 1.75%
American Express ABS ABS 1.61%
John Deere ABS ABS 1.57%
Caterpillar Inc Corporate 1.47%
Royal Bank of Canada Corporate 1.34%
Toronto Dominion Holdings Corporate 1.16%
Toyota Motor Corp Corporate 1.10%
Toyota ABS ABS 1.03%
Realty Income Corp Corporate 1.03%
Federal Farm Credit Bank Agency 1.00%
United Health Group Inc Corporate 1.00%
Duke Energy Field Services Corporate 0.98%
Metlife Inc Corporate 0.95%
Honda ABS ABS 0.94%
Hyundai Auto Lease Securitization ABS 0.93%
National Rural Utilities Corporate 0.93%
Bank of Montreal Chicago Corporate 0.88%
Hyundai Auto Receivables ABS 0.87%
Guardian Life Global Funding Corporate 0.85%
Bank of New York Corporate 0.82%
GM Financial Automobile Leasing Trust ABS 0.79%
Amazon.com Inc Corporate 0.78%
Berkshire Hathaway Corporate 0.76%
US Bancorp Corporate 0.73%
Pepsico Inc Corporate 0.71%
Salesforce.com Inc Corporate 0.69%
MasterCard Inc Corporate 0.65%
Apple Inc Corporate 0.62%
Issuers
City of Indio – Account #10043
As of March 31, 2023
18

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 56 of 348 Issue Name Investment Type % Portfolio
Federated GOVT Obligation MMF Money Market Fund 0.61%
Northwestern Mutual Glbl Corporate 0.59%
Deere & Company Corporate 0.59%
BMW Vehicle Lease Trust ABS 0.57%
Truist Financial Corporation Corporate 0.56%
Wal-Mart Stores Corporate 0.55%
Mercedes-Benz Auto Lease Trust ABS 0.55%
State of California Municipal Bonds 0.51%
GM Financial Securitized Term Auto Trust ABS 0.49%
Paccar Financial Corporate 0.48%
Charles Schwab Corp/The Corporate 0.42%
Target Corp Corporate 0.37%
New York Life Global Funding Corporate 0.35%
Verizon Master Trust ABS 0.29%
BMW ABS ABS 0.26%
Toyota Lease Owner Trust ABS 0.11%
Verizon Owner Trust ABS 0.11%
Nissan ABS ABS 0.01%
TOTAL 100.00%
Issuers
City of Indio – Account #10043
As of March 31, 2023
19

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 57 of 348 AAA AA A <A NR
03/31/23 13.8% 54.5% 21.2% 0.0% 10.5%
12/31/22 14.0% 54.6% 20.3% 0.0% 11.1%
Source: S&P Ratings
March 31, 2023 vs. December 31, 2022

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
AAA AA A <A NR
03/31/23 12/31/22
Quality Distribution
City of Indio
As of March 31, 2023
20

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 58 of 348

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

40.0%
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ City of Indio ICE BofA 1-5 Yr US Treasury & Agency Index Portfolio Compared to the Benchmark
0 - 0.25 0.25 - 0.50 0.50 - 1 1 - 2 2 - 3 3 - 4 4 - 5 5+ Portfolio 1.7% 2.6% 7.5% 34.9% 26.8% 14.6% 12.0% 0.0%
Benchmark* 0.0% 0.0% 1.7% 35.8% 27.9% 20.2% 14.4% 0.0%
*ICE BofA 1-5 Yr US Treasury & Agency Index
Duration Distribution
City of Indio
As of March 31, 2023
21

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 59 of 348 -2.50%
-2.00%
-1.50%
-1.00%
-0.50%

0.00%

0.50%

1.00%

1.50%
12 months 2 years 3 years 5 years 10 years Since Inception City of Indio ICE BofA 1-5 Yr US Treasury & Agency Index* Total Rate of Return Annualized Since Inception April 30, 2009 Annualized
TOTAL RATE OF RETURN 3 months 12 months 2 years 3 years 5 years 10 years Since Inception
City of Indio 1.66% -0.36% -1.98% -0.80% 1.22% 0.89% 1.08% ICE BofA 1-5 Yr US Treasury & Agency Index* 1.81% -0.38% -2.06% -1.40% 1.09% 0.75% 0.94% *ICE BofA 1-3 Yr US Treasury & Agency Index to 09/16/2016 Total rate of return: A measure of a portfolio’s performance over time. It is the internal rate of return, which equates the beginning value of the portfolio with the ending value; it includes interest earnings, realized and unrealized gains and losses in the portfolio.

Investment Performance
City of Indio
As of March 31, 2023
22

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 60 of 348 Portfolio Characteristics
City of Indio LAIF Account
03/31/23
Portfolio
12/31/22
Portfolio
Average Maturity (yrs) 0.00 0.00
Modified Duration 0.00 0.00
Average Purchase Yield 2.88% 2.23%
Average Market Yield 2.88% 2.23%
Average Quality* NR/NR NR/NR
Total Market Value 78,925,270 48,439,256
*Portfolio is S&P and Moody’s, respectively.

As of March 31, 2023
23

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 61 of 348 City of Indio LAIF Account
Sector Distribution
LAIF
100.0%
March 31, 2023 December 31, 2022
LAIF
100.0%
As of March 31, 2023
24

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 62 of 348 SECTION |
Section 3 |
Bond Proceeds
25

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 63 of 348 Portfolio Characteristics
City of Indio - 2022 Lease Revenue Bonds City Hall
03/31/23
Portfolio
12/31/22
Portfolio
Average Maturity (yrs) 0.73 0.86
Modified Duration 0.70 0.83
Average Purchase Yield 3.44% 3.28%
Average Market Yield 4.51% 4.44%
Average Quality* AA+/Aaa AA+/Aaa
Total Market Value 88,165,573 97,049,930
*Portfolio is S&P and Moody’s, respectively.

As of March 31, 2023
26

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 64 of 348 City of Indio - 2022 Lease Revenue Bonds City Hall
Sector Distribution
Agency

8.8%
Money Market
Fund

18.9%
US Treasury

72.4%
March 31, 2023 December 31, 2022
Agency

7.9%
Money Market
Fund

13.2%
US Treasury

78.9%
As of March 31, 2023
27

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 65 of 348 Portfolio Characteristics
City of Indio - Debt Service Reserve
03/31/23
Portfolio
12/31/22
Portfolio
Average Maturity (yrs) 0.61 0.83
Modified Duration 0.59 0.79
Average Purchase Yield 3.57% 3.22%
Average Market Yield 4.52% 4.53%
Average Quality* AAA/Aaa AA+/Aaa
Total Market Value 4,317,423 4,271,611
*Portfolio is S&P and Moody’s, respectively.

As of March 31, 2023
28

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 66 of 348 City of Indio - Debt Service Reserve
Sector Distribution
Money Market
Fund

31.4%
US Treasury

68.6%
March 31, 2023 December 31, 2022
Money Market
Fund

7.0%
US Treasury

93.0%
As of March 31, 2023
29

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 67 of 348 Portfolio Characteristics
City of Indio - Capitalized Interest Fund
03/31/23
Portfolio
12/31/22
Portfolio
Average Maturity (yrs) 1.10 1.34
Modified Duration 1.05 1.28
Average Purchase Yield 3.25% 3.24%
Average Market Yield 4.42% 4.51%
Average Quality* AA+/Aaa AA+/Aaa
Total Market Value 7,899,453 7,796,667
*Portfolio is S&P and Moody’s, respectively.

As of March 31, 2023
30

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 68 of 348 City of Indio - Capitalized Interest Fund
Sector Distribution
Money Market
Fund

2.5%
US Treasury

97.5%
March 31, 2023 December 31, 2022
Money Market
Fund

2.6%
US Treasury

97.5%
As of March 31, 2023
31

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 69 of 348 Portfolio Characteristics
City of Indio - Consolidated Bond Proceeds
03/31/23 12/31/22
Portfolio Portfolio
Average Maturity (yrs) 0.75 0.89
Modified Duration 0.72 0.86
Average Purchase Yield 3.43% 3.27%
Average Market Yield 4.50% 4.45%
Average Quality* AA+/Aaa AA+/Aaa
Total Market Value 100,382,449 109,118,208
* Portfolio is S&P and Moody’s respectively.

As of March 31, 2023
32

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 70 of 348 City of Indio - Consolidated Bond Proceeds
Sector Distribution
Agency

7.7%
Money Market
Fund

18.1%
US Treasury

74.2%
March 31, 2023 December 31, 2022
Agency

7.0%
Money Market
Fund

12.2%
US Treasury

80.8%
As of March 31, 2023
33

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 71 of 348 SECTION |
Section 4 |
Portfolio Holdings
34

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 72 of 348 Holdings Report
City of Indio - Account #10043
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
89238EAC0 Toyota Lease Owner Trust 2021-A A3

0.390% Due 04/22/2024
118,603.27 03/23/2022

2.16%
116,231.20
116,231.20

99.05 5.58%
117,477.49

14.13 0.11%
1,246.29
Aaa / AAA
NR

1.06 0.18
65479JAD5 Nissan Auto Receivables Owner 2019-C A3

1.930% Due 07/15/2024
8,591.71 10/16/2019

1.94%
8,591.25
8,591.25

99.86 6.61%
8,579.70

7.37 0.01%
(11.55)
Aaa / AAA
NR

1.29 0.03
43813DAC2 Honda Auto Receivables 2020-2 A3

0.820% Due 07/15/2024
29,802.09 05/18/2020

0.83%
29,799.74
29,799.74

99.00 5.34%
29,504.34

10.86 0.03%
(295.40)
Aaa / AAA
NR

1.29 0.22
47789KAC7 John Deere Owner Trust 2020-A A3

1.100% Due 08/15/2024
25,086.04 03/04/2020

1.11%
25,084.51
25,084.51

99.57 5.28%
24,977.09

12.26 0.02%
(107.42)
Aaa / NR
AAA

1.38 0.10
43813KAC6 Honda Auto Receivables Trust 2020-3 A3

0.370% Due 10/18/2024
89,617.73 09/22/2020

0.38%
89,604.56
89,604.56

98.22 5.37%
88,022.18

11.97 0.08%
(1,582.38)

NR / AAA
AAA

1.55 0.35
36262XAC8 GM Financial Auto Lease Trust 2021-3 A2

0.390% Due 10/21/2024
359,900.37 08/10/2021

0.39%
359,895.48
359,895.48

97.98 5.51%
352,635.42

42.89 0.33%
(7,260.06)

NR / AAA
AAA

1.56 0.39
47787NAC3 John Deere Owner Trust 2020-B A3

0.510% Due 11/15/2024
26,251.91 07/14/2020

0.52%
26,247.91
26,247.91

99.01 4.91%
25,990.73

5.95 0.02%
(257.18)
Aaa / NR
AAA

1.63 0.22
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-B A3

0.400% Due 11/15/2024
593,192.61 04/20/2022

2.77%
576,323.70
576,323.70

97.75 5.76%
579,842.22
105.46

0.55%
3,518.52

NR / AAA
AAA

1.63 0.42
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.330% Due 12/26/2024
375,267.07 Various

1.84%
368,520.86
368,520.86

98.01 5.83%
367,789.88

20.64 0.35%
(730.98)
Aaa / NR
AAA

1.74 0.36
89236XAC0 Toyota Auto Receivables 2020-D A3

0.350% Due 01/15/2025
66,762.09 10/06/2020

0.36%
66,749.66
66,749.66

98.39 5.80%
65,689.76

10.39 0.06%
(1,059.90)

NR / AAA
AAA

1.80 0.29
92290BAA9 Verizon Owner Trust 2020-B A

0.470% Due 02/20/2025
113,480.58 08/04/2020

0.48%
113,456.75
113,456.75

98.86 5.33%
112,185.54

16.30 0.11%
(1,271.21)
Aaa / NR
AAA

1.90 0.23
36265MAC9 GM Financial Auto Lease Trust 2022-1 A3

1.900% Due 03/20/2025
490,000.00 02/15/2022

1.91%
489,995.79
489,995.79

97.34 5.41%
476,969.92
284.47

0.45%
(13,025.87)
Aaa / NR
AAA

1.97 0.76
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.100% Due 03/25/2025
235,000.00 01/11/2022

1.11%
234,964.87
234,964.87

97.50 5.66%
229,132.76

43.08 0.22%
(5,832.11)

NR / AAA
AAA

1.99 0.55
43813GAC5 Honda Auto Receivables Trust 2021-1 A3

0.270% Due 04/21/2025
291,126.04 Various

1.72%
286,464.30
286,464.30

97.27 5.87%
283,181.79

21.84 0.27%
(3,282.51)
Aaa / NR
AAA

2.06 0.48
89240BAC2 Toyota Auto Receivables Owners 2021-A A3

0.260% Due 05/15/2025
260,190.15 02/02/2021

0.27%
260,141.85
260,141.85

97.46 5.57%
253,577.42

30.07 0.24%
(6,564.43)
Aaa / NR
AAA

2.13 0.48
44934LAD4 Hyundai 2022B A3 Mtge

3.350% Due 06/16/2025
1,000,000.00 05/10/2022

3.39%
999,919.60
999,919.60

98.16 5.35%
981,634.00
1,488.89

0.93%
(18,285.60)

NR / AAA
AAA

2.21 0.93
44934KAC8 Hyundai Auto Receivables Trust 2021-B A3

0.380% Due 01/15/2026
266,727.06 04/29/2022

2.87%
256,599.77
256,599.77

96.57 5.48%
257,590.59

45.05 0.24%
990.82

NR / AAA
AAA

2.80 0.67
As of March 31, 2023
35

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 73 of 348 Holdings Report
City of Indio - Account #10043
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
43815GAC3 Honda Auto Receivables Trust 2021-4 A3

0.880% Due 01/21/2026
225,000.00 11/16/2021

0.89%
224,952.57
224,952.57

95.51 5.26%
214,897.05

55.00 0.20%
(10,055.52)
Aaa / NR
AAA

2.81 1.03
47789QAC4 John Deere Owner Trust 2021-B A3

0.520% Due 03/16/2026
240,000.00 07/13/2021

0.52%
239,978.59
239,978.59

95.67 5.59%
229,599.60

55.47 0.22%
(10,378.99)
Aaa / NR
AAA

2.96 0.86
89238JAC9 Toyota Auto Receivables Trust 2021-D A3

0.710% Due 04/15/2026
210,000.00 11/09/2021

0.71%
209,995.53
209,995.53

95.33 5.42%
200,193.21

66.27 0.19%
(9,802.32)

NR / AAA
AAA

3.04 1.00
44935FAD6 Hyundai Auto Receivables Trust 2021-C A3

0.740% Due 05/15/2026
160,000.00 11/09/2021

0.75%
159,964.29
159,964.29

95.40 5.49%
152,643.04

52.62 0.14%
(7,321.25)

NR / AAA
AAA

3.13 0.97
43815BAC4 Honda Auto Receivables Trust 2022-1 A3

1.880% Due 05/15/2026
385,000.00 02/15/2022

1.89%
384,942.10
384,942.10

95.88 4.95%
369,123.37
321.69

0.35%
(15,818.73)
Aaa / AAA
NR

3.13 1.36
89239KAC5 Toyota Auto Receivables Owners 2022-A A3

1.230% Due 06/15/2026
385,000.00 04/20/2022

3.34%
370,863.28
370,863.28

95.42 5.34%
367,367.00
210.47

0.35%
(3,496.28)
Aaa / NR
AAA

3.21 1.13
05602RAD3 BMW Vehicle Owner Trust 2022-A A3

3.210% Due 08/25/2026
285,000.00 05/10/2022

3.23%
284,985.18
284,985.18

97.71 4.90%
278,485.76
152.48

0.26%
(6,499.42)
Aaa / AAA
NR

3.41 1.38
89238FAD5 Toyota Auto Receivables OT 2022-B A3

2.930% Due 09/15/2026
205,000.00 04/07/2022

2.95%
204,995.20
204,995.20

97.02 4.97%
198,892.03
266.96

0.19%
(6,103.17)
Aaa / AAA
NR

3.46 1.48
362554AC1 GM Financial Securitized Term 2021-4 A3

0.680% Due 09/16/2026
155,000.00 10/13/2021

0.68%
154,996.05
154,996.05

94.86 5.77%
147,039.51

43.92 0.14%
(7,956.54)
Aaa / AAA
NR

3.47 1.02
47787JAC2 John Deere Owner Trust 2022-A A3

2.320% Due 09/16/2026
295,000.00 03/10/2022

2.34%
294,934.75
294,934.75

96.65 5.05%
285,126.65
304.18

0.27%
(9,808.10)
Aaa / NR
AAA

3.47 1.24
448977AD0 Hyundai Auto Receivables Trust 2022-A A3

2.220% Due 10/15/2026
525,000.00 03/09/2022

2.23%
524,979.79
524,979.79

96.14 5.00%
504,714.00
518.00

0.48%
(20,265.79)

NR / AAA
AAA

3.55 1.41
380146AC4 GM Financial Auto Receivables 2022-1 A3

1.260% Due 11/16/2026
155,000.00 01/11/2022

1.27%
154,986.53
154,986.53

95.01 5.68%
147,270.15

81.38 0.14%
(7,716.38)

NR / AAA
AAA

3.63 1.14
362585AC5 GM Financial Securitized ART 2022-2 A3

3.100% Due 02/16/2027
230,000.00 04/05/2022

3.13%
229,951.93
229,951.93

96.84 5.16%
222,723.95
297.08

0.21%
(7,227.98)
Aaa / AAA
NR

3.88 1.56
47800AAC4 John Deere Owner Trust 2022-B A3

3.740% Due 02/16/2027
350,000.00 07/12/2022

3.77%
349,966.58
349,966.58

98.07 4.89%
343,254.80
581.78

0.33%
(6,711.78)
Aaa / NR
AAA

3.88 1.72
02582JJT8 American Express Credit Trust 2022-2 A

3.390% Due 05/17/2027
1,735,000.00 Various

3.64%
1,725,149.92
1,725,149.92

97.66 4.60%
1,694,348.95
2,614.07

1.61%
(30,800.97)

NR / AAA
AAA

4.13 1.99
47800BAC2 John Deere Owner Trust 2022-C A3

5.090% Due 06/15/2027
740,000.00 10/12/2022

5.15%
739,942.58
739,942.58
100.81

4.74%
746,006.58
1,674.04

0.71%
6,064.00
Aaa / NR
AAA

4.21 1.98
As of March 31, 2023
36

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 74 of 348 Holdings Report
City of Indio - Account #10043
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
92348KAV5 Verizon Master Trust 2022-5 A1A

3.720% Due 07/20/2027
305,000.00 08/02/2022

3.75%
304,986.58
304,986.58

98.64 5.10%
300,837.36
346.68

0.29%
(4,149.22)

NR / AAA
AAA

4.31 1.32
TOTAL ABS 10,934,598.72 2.60%
10,869,163.25
10,869,163.25 5.20%
10,657,303.84
9,813.71

10.13%
(211,859.41)
Aaa / AAA
AAA

3.01 1.16
Agency
3135G06H1 FNMA Note

0.250% Due 11/27/2023
300,000.00 11/23/2020

0.29%
299,658.00
299,658.00

97.11 4.78%
291,335.40
258.33

0.28%
(8,322.60)
Aaa / AA+
AAA

0.66 0.64
3133EMRZ7 FFCB Note

0.250% Due 02/26/2024
1,100,000.00 02/23/2021

0.24%
1,100,308.00
1,100,308.00

96.16 4.64%
1,057,761.10
267.36

1.00%
(42,546.90)
Aaa / AA+
AAA

0.91 0.88
3130AB3H7 FHLB Note

2.375% Due 03/08/2024
800,000.00 Various

2.05%
811,492.00
811,492.00

97.99 4.59%
783,900.80
1,213.89

0.75%
(27,591.20)
Aaa / AA+
NR

0.94 0.91
3130A0XE5 FHLB Note

3.250% Due 03/08/2024
2,000,000.00 Various

3.23%
2,012,548.00
2,012,548.00

98.58 4.81%
1,971,698.00
4,152.78

1.88%
(40,850.00)
Aaa / AA+
NR

0.94 0.91
3130A1XJ2 FHLB Note

2.875% Due 06/14/2024
800,000.00 06/18/2019

1.96%
834,608.00
834,608.00

98.11 4.50%
784,885.60
6,836.11

0.75%
(49,722.40)
Aaa / AA+
NR

1.21 1.16
3130ASHK8 FHLB Note

3.125% Due 06/14/2024
2,000,000.00 08/24/2022

3.48%
1,987,600.00
1,987,600.00

98.33 4.57%
1,966,506.00
18,576.39

1.88%
(21,094.00)
Aaa / AA+
NR

1.21 1.15
3135G0V75 FNMA Note

1.750% Due 07/02/2024
800,000.00 07/16/2019

1.96%
791,944.00
791,944.00

96.48 4.67%
771,843.20
3,461.11

0.74%
(20,100.80)
Aaa / AA+
AAA

1.26 1.21
3130A2UW4 FHLB Note

2.875% Due 09/13/2024
800,000.00 09/13/2019

1.79%
841,352.00
841,352.00

98.07 4.26%
784,571.20
1,150.00

0.75%
(56,780.80)
Aaa / AA+
AAA

1.46 1.40
3135G0W66 FNMA Note

1.625% Due 10/15/2024
735,000.00 Various

1.23%
747,795.15
747,795.15

96.09 4.28%
706,259.30
5,507.39

0.68%
(41,535.85)
Aaa / AA+
AAA

1.55 1.48
3135G0X24 FNMA Note

1.625% Due 01/07/2025
745,000.00 Various

1.25%
757,891.45
757,891.45

95.59 4.24%
712,170.83
2,824.80

0.68%
(45,720.62)
Aaa / AA+
AAA

1.78 1.71
3137EAEP0 FHLMC Note

1.500% Due 02/12/2025
1,025,000.00 02/13/2020

1.52%
1,024,210.75
1,024,210.75

95.19 4.21%
975,694.43
2,092.71

0.93%
(48,516.32)
Aaa / AA+
AAA

1.87 1.80
3135G03U5 FNMA Note

0.625% Due 04/22/2025
810,000.00 04/22/2020

0.67%
808,331.40
808,331.40

92.98 4.22%
753,103.98
2,235.94

0.72%
(55,227.42)
Aaa / AA+
AAA

2.06 2.00
3135G04Z3 FNMA Note

0.500% Due 06/17/2025
1,100,000.00 Various

0.49%
1,100,241.40
1,100,241.40

92.41 4.13%
1,016,522.10
1,588.90

0.97%
(83,719.30)
Aaa / AA+
AAA

2.22 2.15
3137EAEU9 FHLMC Note

0.375% Due 07/21/2025
1,100,000.00 Various

0.44%
1,096,348.16
1,096,348.16

92.00 4.04%
1,012,033.00
802.08

0.96%
(84,315.16)
Aaa / AA+
AAA

2.31 2.25
3135G05X7 FNMA Note

0.375% Due 08/25/2025
1,100,000.00 Various

0.45%
1,095,957.92
1,095,957.92

91.55 4.11%
1,007,088.50
412.50

0.96%
(88,869.42)
Aaa / AA+
AAA

2.41 2.34
As of March 31, 2023
37

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 75 of 348 Holdings Report
City of Indio - Account #10043
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
3137EAEX3 FHLMC Note

0.375% Due 09/23/2025
1,100,000.00 Various

0.43%
1,096,878.25
1,096,878.25

91.36 4.08%
1,004,965.50

91.67 0.95%
(91,912.75)
Aaa / AA+
AAA

2.48 2.42
3135G06G3 FNMA Note

0.500% Due 11/07/2025
1,100,000.00 Various

0.55%
1,097,242.00
1,097,242.00

91.49 3.98%
1,006,399.90
2,200.00

0.96%
(90,842.10)
Aaa / AA+
AAA

2.61 2.53
TOTAL Agency 17,415,000.00 1.53%
17,504,406.48
17,504,406.48 4.38%
16,606,738.84
53,671.96

15.82%
(897,667.64)
Aaa / AA+
AAA

1.63 1.57
CMO
3137B4WB8 FHLMC K033 A2

3.060% Due 07/25/2023
785,447.98 08/13/2019

2.02%
815,025.01
815,025.01

99.41 5.05%
780,781.63
400.58

0.74%
(34,243.38)
Aaa / NR
NR

0.32 0.20
3137B7MZ9 FHLMC K036 A2

3.527% Due 10/25/2023
726,243.17 Various

2.71%
749,973.74
749,973.74

98.99 5.41%
718,912.47
426.90

0.68%
(31,061.27)
Aaa / NR
AAA

0.57 0.42
3137FARE0 FHLMC K727 A2

2.946% Due 07/25/2024
859,425.81 11/16/2021

0.66%
896,421.42
896,421.42

97.64 4.98%
839,175.16
2,109.89

0.80%
(57,246.26)

NR / AAA
NR

1.32 1.08
3137BHCY1 FHLMC K044 A2

2.811% Due 01/25/2025
824,390.34 08/25/2022

4.30%
808,385.58
808,385.58

97.00 4.59%
799,660.28
1,931.13

0.76%
(8,725.30)

NR / NR
AAA

1.82 1.62
3137BKRJ1 FHLMC K047 A2

3.329% Due 05/25/2025
400,000.00 06/23/2021

0.78%
436,375.00
436,375.00

97.52 4.54%
390,086.00
1,109.67

0.37%
(46,289.00)

NR / NR
AAA

2.15 1.92
3137BLAC2 FHLMC K048 A2

3.284% Due 06/25/2025
500,000.00 04/20/2022

2.99%
503,085.94
503,085.94

97.42 4.53%
487,079.50
1,368.33

0.46%
(16,006.44)
Aaa / AA+
AAA

2.24 1.95
3137BMTX4 FHLMC K052 A2

3.151% Due 11/25/2025
1,000,000.00 11/16/2021

1.15%
1,067,812.50
1,067,812.50

96.87 4.44%
968,712.00
2,625.83

0.92%
(99,100.50)

NR / NR
AAA

2.66 2.32
3137BVZ82 FHLMC K063

3.430% Due 01/25/2027
842,000.00 04/14/2022

2.96%
857,721.72
857,721.72

97.01 4.29%
816,809.89
2,406.72

0.78%
(40,911.83)

NR / NR
AAA

3.82 3.37
3137FAWS3 FHLMC K067 A2

3.194% Due 07/25/2027
1,500,000.00 Various

3.50%
1,478,710.94
1,478,710.94

95.97 4.21%
1,439,593.50
3,992.50

1.37%
(39,117.44)
Aaa / NR
NR

4.32 3.89
3137FBBX3 FHLMC K068 A2

3.244% Due 08/25/2027
1,500,000.00 08/25/2022

3.56%
1,477,675.78
1,477,675.78

96.10 4.22%
1,441,509.00
4,055.00

1.37%
(36,166.78)
Aaa / NR
NR

4.41 3.95
TOTAL CMO 8,937,507.30 2.62%
9,091,187.63
9,091,187.63 4.56%
8,682,319.43
20,426.55

8.26%
(408,868.20)
Aaa / AAA
AAA

2.70 2.38
Corporate
89114QCA4 Toronto Dominion Bank Note

2.650% Due 06/12/2024
250,000.00 08/09/2019

2.22%
254,930.00
254,930.00

97.21 5.08%
243,026.00
2,005.90

0.23%
(11,904.00)
A1 / A
AA-

1.20 1.15
As of March 31, 2023
38

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 76 of 348 Holdings Report
City of Indio - Account #10043
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
79466LAG9 Salesforce.com Inc Callable Note Cont 7/15/2022

0.625% Due 07/15/2024
765,000.00 Various

0.92%
759,154.35
759,154.35

94.98 4.68%
726,587.82
1,009.38

0.69%
(32,566.53)
A2 / A+
NR

1.29 1.25
78013XZU5 Royal Bank of Canada Note

2.550% Due 07/16/2024
825,000.00 Various

1.75%
848,742.50
848,742.50

96.74 5.18%
798,144.60
4,382.82

0.76%
(50,597.90)
A1 / A
AA-

1.30 1.24
91159HHX1 US Bancorp Callable Note Cont 6/28/2024

2.400% Due 07/30/2024
800,000.00 Various

1.48%
826,209.00
826,209.00

96.13 5.45%
769,013.60
3,253.33

0.73%
(57,195.40)
A2 / A+
A+

1.33 1.28
69371RQ25 Paccar Financial Corp Note

2.150% Due 08/15/2024
105,000.00 08/08/2019

2.20%
104,767.95
104,767.95

96.45 4.85%
101,274.60
288.46

0.10%
(3,493.35)
A1 / A+
NR

1.38 1.32
14913R2P1 Caterpillar Financial Service Note

0.600% Due 09/13/2024
600,000.00 09/10/2021

0.58%
600,408.00
600,408.00

94.53 4.54%
567,166.20
180.00

0.54%
(33,241.80)
A2 / A
A

1.46 1.41
14913Q3B3 Caterpillar Finl Service Note

2.150% Due 11/08/2024
500,000.00 01/28/2020

1.91%
505,350.00
505,350.00

96.35 4.54%
481,746.00
4,270.14

0.46%
(23,604.00)
A2 / A
A

1.61 1.54
89236TJT3 Toyota Motor Credit Corp Note

1.450% Due 01/13/2025
630,000.00 01/10/2022

1.50%
629,155.80
629,155.80

94.67 4.60%
596,405.25
1,979.25

0.57%
(32,750.55)
A1 / A+
A+

1.79 1.72
713448EQ7 Pepsico Inc. Callable Note Cont 2/19/2025

2.250% Due 03/19/2025
770,000.00 01/28/2022

1.70%
782,766.60
782,766.60

96.50 4.12%
743,028.44
577.50

0.71%
(39,738.16)
A1 / A+
NR

1.97 1.89
69371RR73 Paccar Financial Corp Note

2.850% Due 04/07/2025
415,000.00 03/31/2022

2.86%
414,892.10
414,892.10

96.54 4.67%
400,645.98
5,716.63

0.39%
(14,246.12)
A1 / A+
NR

2.02 1.90
78016EZ59 Royal Bank of Canada Note

3.375% Due 04/14/2025
620,000.00 Various

3.41%
619,433.10
619,433.10

97.04 4.92%
601,671.56
9,706.87

0.58%
(17,761.54)
A1 / A
AA-

2.04 1.91
06406RBC0 Bank of NY Mellon Corp Callable Note Cont 3/25/2025

3.350% Due 04/25/2025
735,000.00 04/19/2022

3.35%
734,897.10
734,897.10

96.30 5.26%
707,824.85
10,669.75

0.68%
(27,072.25)
A1 / A
AA-

2.07 1.93
06367WB85 Bank of Montreal Note

1.850% Due 05/01/2025
511,000.00 07/23/2021

0.85%
529,815.02
529,815.02

93.66 5.10%
478,596.47
3,938.96

0.46%
(51,218.55)
A2 / A-
AA-

2.09 1.99
46647PCH7 JP Morgan Chase & Co Callable Note Cont 6/1/2024

0.824% Due 06/01/2025
610,000.00 05/24/2021

1.93%
610,793.75
610,793.75

94.76 5.37%
578,042.72
1,675.47

0.55%
(32,751.03)
A1 / A-
AA-

2.17 2.08
46647PCK0 JP Morgan Chase & Co Callable Note Cont 6/23/2024

0.969% Due 06/23/2025
290,000.00 Various

2.06%
290,180.25
290,180.25

94.73 5.36%
274,717.88
764.97

0.26%
(15,462.37)
A1 / A-
AA-

2.23 2.13
64952WDQ3 New York Life Global Note

0.950% Due 06/24/2025
400,000.00 04/04/2022

3.18%
372,896.00
372,896.00

92.03 4.76%
368,126.40
1,023.89

0.35%
(4,769.60)
Aaa / AA+
AAA

2.24 2.15
66815L2J7 Northwestern Mutual Glbl Note

4.000% Due 07/01/2025
625,000.00 06/27/2022

4.01%
624,787.50
624,787.50

98.53 4.69%
615,841.88
6,250.00

0.59%
(8,945.62)
Aaa / AA+
AAA

2.25 2.10
As of March 31, 2023
39

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 77 of 348 Holdings Report
City of Indio - Account #10043
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
89788MAA0 Truist Financial Corp Callable Note Cont 07/03/2025

1.200% Due 08/05/2025
650,000.00 02/03/2022

1.85%
635,726.00
635,726.00

89.90 5.87%
584,351.30
1,213.33

0.56%
(51,374.70)
A3 / A-
A

2.35 2.25
26442UAA2 Duke Energy Progress LLC Callable Note Cont 5/15/25

3.250% Due 08/15/2025
1,060,000.00 04/13/2022

3.10%
1,064,876.00
1,064,876.00

96.91 4.64%
1,027,199.36
4,401.94

0.98%
(37,676.64)
Aa3 / A
NR

2.38 2.24
637432NG6 National Rural Utilities Callable Note Cont 8/1/2025

3.250% Due 11/01/2025
1,000,000.00 04/14/2022

3.28%
999,030.00
999,030.00

96.22 4.82%
962,212.00
13,541.67

0.93%
(36,818.00)
A1 / A-
A+

2.59 2.40
06406HCQ0 Bank of New York Callable Note Cont 10/18/2025

3.950% Due 11/18/2025
150,000.00 04/05/2022

3.21%
153,736.50
153,736.50

96.71 5.30%
145,068.60
2,188.96

0.14%
(8,667.90)
A1 / A
AA-

2.64 2.42
46647PBK1 JP Morgan Chase & Co Callable Note Cont 4/22/2025

2.083% Due 04/22/2026
479,000.00 Various

3.07%
480,444.07
480,444.07

93.57 5.42%
448,215.63
4,406.77

0.43%
(32,228.44)
A1 / A-
AA-

3.06 1.95
6174468Q5 Morgan Stanley Callable Note Cont 4/28/2025

2.188% Due 04/28/2026
450,000.00 05/18/2022

4.89%
425,074.50
425,074.50

93.83 5.36%
422,216.55
4,184.55

0.40%
(2,857.95)
A1 / A-
A+

3.08 1.97
023135BX3 Amazon.com Inc Callable Note Cont 4/12/2026

1.000% Due 05/12/2026
900,000.00 05/10/2021

1.09%
896,112.00
896,112.00

90.66 4.23%
815,976.90
3,475.00

0.78%
(80,135.10)
A1 / AA
AA-

3.12 3.00
91324PEC2 United Health Group Inc Callable Note Cont 4/15/2026

1.150% Due 05/15/2026
1,150,000.00 Various

1.47%
1,134,105.50
1,134,105.50

90.93 4.29%
1,045,637.50
4,996.10

1.00%
(88,468.00)
A3 / A+
A

3.13 2.99
89236TJK2 Toyota Motor Credit Corp Note

1.125% Due 06/18/2026
615,000.00 06/15/2021

1.13%
614,729.40
614,729.40

90.18 4.44%
554,581.79
1,979.53

0.53%
(60,147.61)
A1 / A+
A+

3.22 3.08
06051GJD2 Bank of America Corp Callable Note Cont 6/19/2025

1.319% Due 06/19/2026
750,000.00 Various

2.63%
739,760.00
739,760.00

91.41 5.48%
685,582.50
2,802.87

0.65%
(54,177.50)
A2 / A-
AA-

3.22 2.13
037833DN7 Apple Inc Callable Note Cont 7/11/2026

2.050% Due 09/11/2026
700,000.00 12/02/2021

1.51%
717,388.00
717,388.00

93.52 4.09%
654,619.70
797.22

0.62%
(62,768.30)
Aaa / AA+
NR

3.45 3.27
06368FAC3 Bank of Montreal Note

1.250% Due 09/15/2026
500,000.00 09/10/2021

1.29%
498,915.00
498,915.00

88.38 4.95%
441,882.50
277.78

0.42%
(57,032.50)
A2 / A-
AA-

3.46 3.30
931142ER0 Wal-Mart Stores Callable Note Cont 08/17/2026

1.050% Due 09/17/2026
645,000.00 Various

1.03%
645,650.95
645,650.95

90.15 4.13%
581,444.28
263.38

0.55%
(64,206.67)
Aa2 / AA
AA

3.47 3.33
87612EBM7 Target Corp Callable Note Cont 12/15/2026

1.950% Due 01/15/2027
415,000.00 01/19/2022

1.99%
414,294.50
414,294.50

92.44 4.13%
383,622.27
1,708.42

0.37%
(30,672.23)
A2 / A
A

3.80 3.58
As of March 31, 2023
40

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 78 of 348 Holdings Report
City of Indio - Account #10043
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
756109AS3 Realty Income Corp Callable Note Cont 10/15/2026

3.000% Due 01/15/2027
1,150,000.00 08/24/2022

4.32%
1,089,682.50
1,089,682.50

93.39 4.93%
1,074,036.75
7,283.33

1.03%
(15,645.75)
A3 / A-
NR

3.80 3.49
808513BY0 Charles Schwab Corp Callable Note Cont 2/3/2027

2.450% Due 03/03/2027
495,000.00 03/01/2022

2.46%
494,858.10
494,858.10

89.57 5.44%
443,374.97
943.25

0.42%
(51,483.13)
A2 / A
A

3.93 3.65
084664CZ2 Berkshire Hathaway Callable Note Cont 2/15/2027

2.300% Due 03/15/2027
840,000.00 03/07/2022

2.30%
839,840.40
839,840.40

94.68 3.76%
795,293.52
858.67

0.76%
(44,546.88)
Aa2 / AA
A+

3.96 3.72
40139LBF9 Guardian Life Glob Fun Note

3.246% Due 03/29/2027
375,000.00 03/24/2022

3.25%
375,000.00
375,000.00

94.52 4.77%
354,455.25

67.63 0.34%
(20,544.75)
Aa1 / AA+
NR

4.00 3.68
46647PCB0 JP Morgan Chase & Co Callable Note Cont 4/22/2026

1.578% Due 04/22/2027
600,000.00 08/24/2022

4.89%
538,902.00
538,902.00

89.85 5.21%
539,084.40
4,181.70

0.52%
182.40
A1 / A-
AA-

4.06 2.90
06051GHT9 Bank of America Corp Callable Note 1X 4/23/2026

3.559% Due 04/23/2027
1,200,000.00 Various

4.96%
1,157,535.36
1,157,535.36

94.98 5.35%
1,139,762.40
18,744.06

1.10%
(17,772.96)
A2 / A-
AA-

4.07 2.80
89115A2C5 Toronto-Dominion Bank Note

4.108% Due 06/08/2027
1,000,000.00 08/25/2022

4.21%
995,700.00
995,700.00

96.85 4.95%
968,520.00
12,894.56

0.93%
(27,180.00)
A1 / A
NR

4.19 3.74
59217GFB0 Metlife Note

4.400% Due 06/30/2027
1,000,000.00 Various

4.30%
1,004,502.80
1,004,502.80

98.51 4.79%
985,063.00
11,122.22

0.95%
(19,439.80)
Aa3 / AA-
AA-

4.25 3.79
61747YEC5 Morgan Stanley Callable Note Cont 7/20/2026

1.512% Due 07/20/2027
1,600,000.00 08/24/2022

4.82%
1,426,832.00
1,426,832.00

88.87 5.22%
1,421,878.40
4,771.20

1.35%
(4,953.60)
A1 / A-
A+

4.31 3.14
14913R3A3 Caterpillar Financial Service Note

3.600% Due 08/12/2027
500,000.00 08/24/2022

3.87%
493,975.00
493,975.00

97.84 4.14%
489,219.50
2,450.00

0.47%
(4,755.50)
A2 / A
A

4.37 3.97
40139LBG7 Guardian Life Glob Fun Note

5.550% Due 10/28/2027
510,000.00 10/25/2022

5.56%
509,847.00
509,847.00
103.79

4.62%
529,337.16
12,029.63

0.51%
19,490.16
Aa1 / AA+
NR

4.58 3.93
24422EWR6 John Deere Capital Corp Note

4.750% Due 01/20/2028
600,000.00 01/23/2023

4.40%
609,234.00
609,234.00
102.10

4.26%
612,600.00
6,491.67

0.59%
3,366.00
A2 / A
A+

4.81 4.22
57636QAW4 MasterCard Inc Callable Note Cont 2/9/28

4.875% Due 03/09/2028
665,000.00 03/06/2023

4.90%
664,354.95
664,354.95
102.92

4.20%
684,445.93
1,981.15

0.65%
20,090.98
Aa3 / A+
NR

4.95 4.29
TOTAL Corporate 29,450,000.00 2.86%
29,129,285.55
29,129,285.55 4.80%
27,841,542.41
187,749.91

26.61%
(1,287,743.14)
A1 / A+
AA-

3.06 2.69
As of March 31, 2023
41

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 79 of 348 Holdings Report
City of Indio - Account #10043
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
Money Market Fund
60934N104 Federated Investors Government Obligations Fund 647,397.45 Various

4.63%
647,397.45
647,397.45

1.00 4.63%
647,397.45

0.00 0.61%

0.00 Aaa / AAA
AAA

0.00 0.00
TOTAL Money Market Fund 647,397.45 4.63%
647,397.45
647,397.45 4.63%
647,397.45

0.00 0.61%

0.00 Aaa / AAA
AAA

0.00 0.00
Municipal Bonds
13063DRK6 California State Taxable GO

2.400% Due 10/01/2024
545,000.00 10/16/2019

1.91%
557,518.65
557,518.65

96.96 4.52%
528,448.35
6,540.00

0.51%
(29,070.30)
Aa2 / AA-
AA

1.51 1.43
TOTAL Municipal Bonds 545,000.00 1.91%
557,518.65
557,518.65 4.52%
528,448.35
6,540.00

0.51%
(29,070.30)
Aa2 / AA-
AA

1.51 1.43
Supranational
45950KCT5 International Finance Corp Note

0.375% Due 07/16/2025
2,500,000.00 10/29/2021

1.07%
2,437,250.00
2,437,250.00

92.19 3.98%
2,304,650.00
1,953.13

2.19%
(132,600.00)
Aaa / AAA
NR

2.30 2.24
459058JL8 Intl. Bank Recon & Development Note

0.500% Due 10/28/2025
2,080,000.00 Various

0.64%
2,067,555.77
2,067,555.77

91.64 3.95%
1,906,028.80
4,420.01

1.81%
(161,526.97)
Aaa / AAA
AAA

2.58 2.51
4581X0DV7 Inter-American Dev Bank Note

0.875% Due 04/20/2026
2,080,000.00 Various

0.88%
2,078,743.40
2,078,743.40

91.35 3.91%
1,900,055.04
8,139.45

1.81%
(178,688.36)
Aaa / AAA
AAA

3.06 2.95
TOTAL Supranational 6,660,000.00 0.87%
6,583,549.17
6,583,549.17 3.95%
6,110,733.84
14,512.59

5.82%
(472,815.33)
Aaa / AAA
AAA

2.62 2.54
US Treasury
912828B66 US Treasury Note

2.750% Due 02/15/2024
785,000.00 Various

2.06%
809,202.24
809,202.24

98.32 4.72%
771,844.97
2,683.53

0.74%
(37,357.27)
Aaa / AA+
AAA

0.88 0.85
91282CBR1 US Treasury Note

0.250% Due 03/15/2024
450,000.00 03/30/2021

0.33%
448,910.16
448,910.16

95.94 4.64%
431,736.30

51.97 0.41%
(17,173.86)
Aaa / AA+
AAA

0.96 0.93
912828X70 US Treasury Note

2.000% Due 04/30/2024
700,000.00 06/10/2019

1.92%
702,460.94
702,460.94

97.25 4.63%
680,777.30
5,878.45

0.65%
(21,683.64)
Aaa / AA+
AAA

1.08 1.04
912828XX3 US Treasury Note

2.000% Due 06/30/2024
700,000.00 07/30/2019

1.87%
704,402.34
704,402.34

97.03 4.46%
679,219.10
3,519.34

0.65%
(25,183.24)
Aaa / AA+
AAA

1.25 1.21
912828D56 US Treasury Note

2.375% Due 08/15/2024
700,000.00 08/29/2019

1.45%
731,035.16
731,035.16

97.34 4.39%
681,351.30
2,066.64

0.65%
(49,683.86)
Aaa / AA+
AAA

1.38 1.33
9128283D0 US Treasury Note

2.250% Due 10/31/2024
500,000.00 11/07/2019

1.77%
511,308.59
511,308.59

96.91 4.29%
484,531.50
4,723.76

0.46%
(26,777.09)
Aaa / AA+
AAA

1.59 1.52
As of March 31, 2023
42

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 80 of 348 Holdings Report
City of Indio - Account #10043
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
9128283P3 US Treasury Note

2.250% Due 12/31/2024
2,000,000.00 08/25/2022

3.37%
1,949,843.75
1,949,843.75

96.73 4.21%
1,934,532.00
11,312.15

1.85%
(15,311.75)
Aaa / AA+
AAA

1.76 1.68
9128283V0 US Treasury Note

2.500% Due 01/31/2025
2,000,000.00 08/25/2022

3.38%
1,959,062.50
1,959,062.50

97.10 4.15%
1,942,032.00
8,287.29

1.85%
(17,030.50)
Aaa / AA+
AAA

1.84 1.76
9128283Z1 US Treasury Note

2.750% Due 02/28/2025
2,000,000.00 Various

2.85%
1,995,546.88
1,995,546.88

97.53 4.10%
1,950,626.00
4,782.61

1.86%
(44,920.88)
Aaa / AA+
AAA

1.92 1.84
91282CED9 US Treasury Note

1.750% Due 03/15/2025
2,000,000.00 Various

2.93%
1,937,500.00
1,937,500.00

95.65 4.09%
1,912,968.00
1,616.85

1.82%
(24,532.00)
Aaa / AA+
AAA

1.96 1.89
91282CEH0 US Treasury Note

2.625% Due 04/15/2025
2,000,000.00 Various

2.80%
1,990,996.10
1,990,996.10

97.18 4.08%
1,943,594.00
24,230.77

1.87%
(47,402.10)
Aaa / AA+
AAA

2.04 1.94
9128284R8 US Treasury Note

2.875% Due 05/31/2025
2,000,000.00 08/25/2022

3.38%
1,973,437.50
1,973,437.50

97.62 4.03%
1,952,422.00
19,271.98

1.87%
(21,015.50)
Aaa / AA+
AAA

2.17 2.06
91282CAJ0 US Treasury Note

0.250% Due 08/31/2025
750,000.00 09/15/2021

0.65%
738,369.14
738,369.14

91.61 3.93%
687,041.25
163.04

0.65%
(51,327.89)
Aaa / AA+
AAA

2.42 2.36
91282CAM3 US Treasury Note

0.250% Due 09/30/2025
1,100,000.00 02/05/2021

0.42%
1,091,621.09
1,091,621.09

91.51 3.84%
1,006,628.70

7.51 0.96%
(84,992.39)
Aaa / AA+
AAA

2.50 2.45
91282CAT8 US Treasury Note

0.250% Due 10/31/2025
1,100,000.00 Various

0.40%
1,092,301.76
1,092,301.76

91.18 3.87%
1,002,933.80
1,154.70

0.95%
(89,367.96)
Aaa / AA+
AAA

2.59 2.52
91282CAZ4 US Treasury Note

0.375% Due 11/30/2025
1,050,000.00 03/26/2021

0.77%
1,031,173.83
1,031,173.83

91.22 3.87%
957,797.40
1,319.71

0.91%
(73,376.43)
Aaa / AA+
AAA

2.67 2.60
91282CBH3 US Treasury Note

0.375% Due 01/31/2026
1,000,000.00 02/22/2021

0.59%
989,492.19
989,492.19

90.78 3.84%
907,773.00
621.55

0.86%
(81,719.19)
Aaa / AA+
AAA

2.84 2.77
91282CBT7 US Treasury Note

0.750% Due 03/31/2026
700,000.00 09/10/2021

0.76%
699,808.59
699,808.59

91.49 3.78%
640,418.10

14.34 0.61%
(59,390.49)
Aaa / AA+
AAA

3.00 2.92
91282CCZ2 US Treasury Note

0.875% Due 09/30/2026
630,000.00 10/18/2021

1.19%
620,574.61
620,574.61

90.56 3.78%
570,543.75

15.06 0.54%
(50,030.86)
Aaa / AA+
AAA

3.50 3.39
91282CDG3 US Treasury Note

1.125% Due 10/31/2026
1,500,000.00 11/22/2021

1.27%
1,489,863.28
1,489,863.28

91.21 3.77%
1,368,105.00
7,085.64

1.31%
(121,758.28)
Aaa / AA+
AAA

3.59 3.44
91282CFB2 US Treasury Note

2.750% Due 07/31/2027
2,000,000.00 08/24/2022

3.23%
1,956,093.75
1,956,093.75

96.30 3.68%
1,926,094.00
9,116.02

1.84%
(29,999.75)
Aaa / AA+
AAA

4.34 4.02
91282CFH9 US Treasury Note

3.125% Due 08/31/2027
2,300,000.00 Various

3.22%
2,290,085.94
2,290,085.94

97.81 3.67%
2,249,687.50
6,250.00

2.14%
(40,398.44)
Aaa / AA+
AAA

4.42 4.07
91282CFZ9 US Treasury Note

3.875% Due 11/30/2027
450,000.00 12/05/2022

3.81%
451,406.25
451,406.25
101.04

3.63%
454,675.95
5,844.44

0.44%
3,269.70
Aaa / AA+
AAA

4.67 4.19
91282CGC9 US Treasury Note

3.875% Due 12/31/2027
1,400,000.00 01/25/2023

3.57%
1,419,359.38
1,419,359.38
101.05

3.63%
1,414,711.20
13,637.43

1.36%
(4,648.18)
Aaa / AA+
AAA

4.76 4.27
As of March 31, 2023
43

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 81 of 348 Holdings Report
City of Indio - Account #10043
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
91282CGH8 US Treasury Note

3.500% Due 01/31/2028
2,200,000.00 02/07/2023

3.81%
2,169,148.44
2,169,148.44

99.48 3.62%
2,188,485.20
12,762.43

2.09%
19,336.76
Aaa / AA+
AAA

4.84 4.39
91282CGP0 US Treasury Note

4.000% Due 02/29/2028
3,000,000.00 Various

4.03%
2,995,625.00
2,995,625.00
101.71

3.62%
3,051,327.00
10,434.79

2.91%
55,702.00
Aaa / AA+
AAA

4.92 4.42
TOTAL US Treasury 35,015,000.00 2.59%
34,748,629.41
34,748,629.41 3.94%
33,791,856.32
156,852.00

32.24%
(956,773.09)
Aaa / AA+
AAA

2.98 2.78
TOTAL PORTFOLIO 109,604,503.47 2.40%
109,131,137.59
109,131,137.59 4.43%
104,866,340.48
449,566.72
100.00%
(4,264,797.11)
Aa1 / AA
AAA

2.72 2.33
TOTAL MARKET VALUE PLUS ACCRUALS 105,315,907.20
As of March 31, 2023
44

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 82 of 348 Holdings Report
City of Indio LAIF Account - Account #10067
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
LAIF
90LAIF$00 Local Agency Investment Fund State Pool 78,455,294.99 Various

2.88%
78,455,294.99
78,455,294.99

1.00 2.88%
78,455,294.99
469,974.92
100.00%

0.00 NR / NR
NR

0.00 0.00
TOTAL LAIF 78,455,294.99 2.88%
78,455,294.99
78,455,294.99 2.88%
78,455,294.99
469,974.92
100.00%

0.00 NR / NR
NR

0.00 0.00
TOTAL PORTFOLIO 78,455,294.99 2.88%
78,455,294.99
78,455,294.99 2.88%
78,455,294.99
469,974.92
100.00%

0.00 NR / NR
NR

0.00 0.00
TOTAL MARKET VALUE PLUS ACCRUALS 78,925,269.91
As of March 31, 2023
45

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 83 of 348 Holdings Report
City of Indio - 2022 Lease Revenue Bonds City Hall - Account #10975 CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
Agency
3130A0XE5 FHLB Note

3.250% Due 03/08/2024
2,800,000.00 08/18/2022

3.34%
2,796,332.00
2,796,332.00

98.58 4.81%
2,760,377.20
5,813.89

3.14%
(35,954.80)
Aaa / AA+
NR

0.94 0.91
3130ASHK8 FHLB Note

3.125% Due 06/14/2024
5,000,000.00 08/18/2022

3.32%
4,983,100.00
4,983,100.00

98.33 4.57%
4,916,265.00
46,440.97

5.63%
(66,835.00)
Aaa / AA+
NR

1.21 1.15
TOTAL Agency 7,800,000.00 3.32%
7,779,432.00
7,779,432.00 4.66%
7,676,642.20
52,254.86

8.77%
(102,789.80)
Aaa / AA+
NR

1.11 1.06
Money Market Fund
31846V203 First American Govt Obligation Fund Class Y 16,634,297.73 Various

4.32%
16,634,297.73
16,634,297.73

1.00 4.32%
16,634,297.73

0.00 18.87%

0.00 Aaa / AAA
AAA

0.00 0.00
TOTAL Money Market Fund 16,634,297.73 4.32%
16,634,297.73
16,634,297.73 4.32%
16,634,297.73

0.00 18.87%

0.00 Aaa / AAA
AAA

0.00 0.00
US Treasury
9128284L1 US Treasury Note

2.750% Due 04/30/2023
5,000,000.00 08/18/2022

3.10%
4,988,085.94
4,988,085.94

99.85 4.56%
4,992,315.00
57,734.81

5.73%
4,229.06
Aaa / AA+
AAA

0.08 0.08
9128284S6 US Treasury Note

2.750% Due 05/31/2023
4,300,000.00 08/18/2022

3.13%
4,287,570.31
4,287,570.31

99.68 4.64%
4,286,201.30
39,633.24

4.91%
(1,369.01)
Aaa / AA+
AAA

0.17 0.17
9128284U1 US Treasury Note

2.625% Due 06/30/2023
3,600,000.00 08/18/2022

3.11%
3,585,234.38
3,585,234.38

99.50 4.59%
3,582,115.20
23,755.52

4.09%
(3,119.18)
Aaa / AA+
AAA

0.25 0.25
912828Y61 US Treasury Note

2.750% Due 07/31/2023
2,200,000.00 08/18/2022

3.16%
2,191,664.06
2,191,664.06

99.34 4.72%
2,185,475.60
10,027.62

2.49%
(6,188.46)
Aaa / AA+
AAA

0.33 0.33
9128284X5 US Treasury Note

2.750% Due 08/31/2023
4,000,000.00 08/16/2022

3.20%
3,981,718.75
3,981,718.75

99.21 4.68%
3,968,280.00
9,565.22

4.51%
(13,438.75)
Aaa / AA+
AAA

0.42 0.41
9128285D8 US Treasury Note

2.875% Due 09/30/2023
2,800,000.00 08/19/2022

3.21%
2,789,718.75
2,789,718.75

99.13 4.66%
2,775,609.20
219.95

3.15%
(14,109.55)
Aaa / AA+
AAA

0.50 0.49
9128285K2 US Treasury Note

2.875% Due 10/31/2023
3,200,000.00 08/19/2022

3.24%
3,186,500.00
3,186,500.00

98.98 4.67%
3,167,251.20
38,629.83

3.64%
(19,248.80)
Aaa / AA+
AAA

0.59 0.56
9128285P1 US Treasury Note

2.875% Due 11/30/2023
2,300,000.00 08/19/2022

3.27%
2,288,679.69
2,288,679.69

98.80 4.72%
2,272,418.40
22,162.77

2.60%
(16,261.29)
Aaa / AA+
AAA

0.67 0.65
9128285U0 US Treasury Note

2.625% Due 12/31/2023
2,300,000.00 08/19/2022

3.26%
2,280,683.59
2,280,683.59

98.50 4.67%
2,265,500.00
15,177.14

2.59%
(15,183.59)
Aaa / AA+
AAA

0.75 0.73
9128285Z9 US Treasury Note

2.500% Due 01/31/2024
2,500,000.00 08/19/2022

3.26%
2,473,339.84
2,473,339.84

98.17 4.75%
2,454,297.50
10,359.12

2.80%
(19,042.34)
Aaa / AA+
AAA

0.84 0.81
As of March 31, 2023
46

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 84 of 348 Holdings Report
City of Indio - 2022 Lease Revenue Bonds City Hall - Account #10975 CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
9128286G0 US Treasury Note

2.375% Due 02/29/2024
2,700,000.00 08/19/2022

3.26%
2,664,984.38
2,664,984.38

97.91 4.73%
2,643,575.40
5,576.09

3.00%
(21,408.98)
Aaa / AA+
AAA

0.92 0.89
91282CEK3 US Treasury Note

2.500% Due 04/30/2024
4,000,000.00 08/19/2022

3.29%
3,948,437.50
3,948,437.50

97.80 4.61%
3,911,876.00
41,988.95

4.48%
(36,561.50)
Aaa / AA+
AAA

1.08 1.04
91282CER8 US Treasury Note

2.500% Due 05/31/2024
5,000,000.00 08/19/2022

3.28%
4,933,007.81
4,933,007.81

97.76 4.49%
4,887,890.00
41,895.60

5.59%
(45,117.81)
Aaa / AA+
AAA

1.17 1.12
91282CFA4 US Treasury Note

3.000% Due 07/31/2024
5,500,000.00 08/19/2022

3.28%
5,471,210.94
5,471,210.94

98.18 4.41%
5,399,883.50
27,348.07

6.16%
(71,327.44)
Aaa / AA+
AAA

1.34 1.29
9128282U3 US Treasury Note

1.875% Due 08/31/2024
4,800,000.00 08/19/2022

3.28%
4,669,500.00
4,669,500.00

96.61 4.37%
4,637,064.00
7,826.09

5.27%
(32,436.00)
Aaa / AA+
AAA

1.42 1.37
9128282Y5 US Treasury Note

2.125% Due 09/30/2024
4,000,000.00 08/19/2022

3.26%
3,908,281.25
3,908,281.25

96.85 4.32%
3,873,908.00
232.24

4.39%
(34,373.25)
Aaa / AA+
AAA

1.50 1.45
9128283D0 US Treasury Note

2.250% Due 10/31/2024
2,500,000.00 08/19/2022

3.28%
2,446,093.75
2,446,093.75

96.91 4.29%
2,422,657.50
23,618.78

2.77%
(23,436.25)
Aaa / AA+
AAA

1.59 1.52
9128283J7 US Treasury Note

2.125% Due 11/30/2024
1,500,000.00 08/19/2022

3.29%
1,461,914.06
1,461,914.06

96.64 4.23%
1,449,667.50
10,683.38

1.66%
(12,246.56)
Aaa / AA+
AAA

1.67 1.60
9128283P3 US Treasury Note

2.250% Due 12/31/2024
1,300,000.00 08/19/2022

3.30%
1,269,378.91
1,269,378.91

96.73 4.21%
1,257,445.80
7,352.90

1.43%
(11,933.11)
Aaa / AA+
AAA

1.76 1.68
9128283V0 US Treasury Note

2.500% Due 01/31/2025
1,000,000.00 08/19/2022

3.30%
981,406.25
981,406.25

97.10 4.15%
971,016.00
4,143.65

1.11%
(10,390.25)
Aaa / AA+
AAA

1.84 1.76
TOTAL US Treasury 64,500,000.00 3.23%
63,807,410.16
63,807,410.16 4.54%
63,404,447.10
397,930.97

72.37%
(402,963.06)
Aaa / AA+
AAA

0.87 0.84
TOTAL PORTFOLIO 88,934,297.73 3.44%
88,221,139.89
88,221,139.89 4.51%
87,715,387.03
450,185.83
100.00%
(505,752.86)
Aaa / AA+
AAA

0.73 0.70
TOTAL MARKET VALUE PLUS ACCRUALS 88,165,572.86
As of March 31, 2023
47

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 85 of 348 Holdings Report
City of Indio - Debt Service Reserve - Account #10976
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
Money Market Fund
31846V203 First American Govt Obligation Fund Class Y 1,355,025.46 Various

4.32%
1,355,025.46
1,355,025.46

1.00 4.32%
1,355,025.46

0.00 31.39%

0.00 Aaa / AAA
AAA

0.00 0.00
TOTAL Money Market Fund 1,355,025.46 4.32%
1,355,025.46
1,355,025.46 4.32%
1,355,025.46

0.00 31.39%

0.00 Aaa / AAA
AAA

0.00 0.00
US Treasury
9128284X5 US Treasury Note

2.750% Due 08/31/2023
1,000,000.00 Various

3.21%
995,398.44
995,398.44

99.21 4.68%
992,070.00
2,391.30

23.03%
(3,328.44)
Aaa / AA+
AAA

0.42 0.41
9128286G0 US Treasury Note

2.375% Due 02/29/2024
1,000,000.00 08/18/2022

3.23%
987,304.69
987,304.69

97.91 4.73%
979,102.00
2,065.22

22.73%
(8,202.69)
Aaa / AA+
AAA

0.92 0.89
91282CFA4 US Treasury Note

3.000% Due 07/31/2024
1,000,000.00 08/18/2022

3.24%
995,507.81
995,507.81

98.18 4.41%
981,797.00
4,972.38

22.86%
(13,710.81)
Aaa / AA+
AAA

1.34 1.29
TOTAL US Treasury 3,000,000.00 3.23%
2,978,210.94
2,978,210.94 4.61%
2,952,969.00
9,428.90

68.61%
(25,241.94)
Aaa / AA+
AAA

0.89 0.86
TOTAL PORTFOLIO 4,355,025.46 3.57%
4,333,236.40
4,333,236.40 4.52%
4,307,994.46
9,428.90
100.00%
(25,241.94)
Aaa / AAA
AAA

0.61 0.59
TOTAL MARKET VALUE PLUS ACCRUALS 4,317,423.36
As of March 31, 2023
48

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 86 of 348 Holdings Report
City of Indio - Capitalized Interest Fund - Account #10977 CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
Money Market Fund
31846V203 First American Govt Obligation Fund Class Y 200,554.56 Various

4.32%
200,554.56
200,554.56

1.00 4.32%
200,554.56

0.00 2.54%

0.00 Aaa / AAA
AAA

0.00 0.00
TOTAL Money Market Fund 200,554.56 4.32%
200,554.56
200,554.56 4.32%
200,554.56

0.00 2.54%

0.00 Aaa / AAA
AAA

0.00 0.00
US Treasury
9128284L1 US Treasury Note

2.750% Due 04/30/2023
1,500,000.00 08/16/2022

3.10%
1,496,308.59
1,496,308.59

99.85 4.56%
1,497,694.50
17,320.44

19.18%
1,385.91
Aaa / AA+
AAA

0.08 0.08
9128285K2 US Treasury Note

2.875% Due 10/31/2023
1,500,000.00 08/18/2022

3.23%
1,493,730.47
1,493,730.47

98.98 4.67%
1,484,649.00
18,107.73

19.02%
(9,081.47)
Aaa / AA+
AAA

0.59 0.56
91282CEK3 US Treasury Note

2.500% Due 04/30/2024
1,500,000.00 08/18/2022

3.26%
1,481,250.00
1,481,250.00

97.80 4.61%
1,466,953.50
15,745.86

18.77%
(14,296.50)
Aaa / AA+
AAA

1.08 1.04
9128283D0 US Treasury Note

2.250% Due 10/31/2024
1,500,000.00 08/18/2022

3.25%
1,468,359.38
1,468,359.38

96.91 4.29%
1,453,594.50
14,171.27

18.58%
(14,764.88)
Aaa / AA+
AAA

1.59 1.52
9128284M9 US Treasury Note

2.875% Due 04/30/2025
1,500,000.00 08/18/2022

3.27%
1,484,648.44
1,484,648.44

97.66 4.06%
1,464,903.00
18,107.73

18.77%
(19,745.44)
Aaa / AA+
AAA

2.08 1.97
9128285J5 US Treasury Note

3.000% Due 10/31/2025
250,000.00 08/18/2022

3.23%
248,281.25
248,281.25

97.80 3.90%
244,502.00
3,149.17

3.14%
(3,779.25)
Aaa / AA+
AAA

2.59 2.43
TOTAL US Treasury 7,750,000.00 3.23%
7,672,578.13
7,672,578.13 4.42%
7,612,296.50
86,602.20

97.46%
(60,281.63)
Aaa / AA+
AAA

1.13 1.07
TOTAL PORTFOLIO 7,950,554.56 3.25%
7,873,132.69
7,873,132.69 4.42%
7,812,851.06
86,602.20
100.00%
(60,281.63)
Aaa / AA+
AAA

1.10 1.05
TOTAL MARKET VALUE PLUS ACCRUALS 7,899,453.26
As of March 31, 2023
49

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 87 of 348 Holdings Report
City of Indio - Consolidated Bond Proceeds - Account #10978 CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
Agency
3130A0XE5 FHLB Note

3.250% Due 03/08/2024
2,800,000.00 08/18/2022

3.34%
2,796,332.00
2,796,332.00

98.58 4.81%
2,760,377.20
5,813.89

2.76%
(35,954.80)
Aaa / AA+
NR

0.94 0.91
3130ASHK8 FHLB Note

3.125% Due 06/14/2024
5,000,000.00 08/18/2022

3.32%
4,983,100.00
4,983,100.00

98.33 4.57%
4,916,265.00
46,440.97

4.94%
(66,835.00)
Aaa / AA+
NR

1.21 1.15
TOTAL Agency 7,800,000.00 3.32%
7,779,432.00
7,779,432.00 4.66%
7,676,642.20
52,254.86

7.70%
(102,789.80)
Aaa / AA+
NR

1.11 1.06
Money Market Fund
31846V203 First American Govt Obligation Fund Class Y 1,355,025.46 Various

4.32%
1,355,025.46
1,355,025.46

1.00 4.32%
1,355,025.46

0.00 1.35%

0.00 Aaa / AAA
AAA

0.00 0.00
31846V203 First American Govt Obligation Fund Class Y 200,554.56 Various

4.32%
200,554.56
200,554.56

1.00 4.32%
200,554.56

0.00 0.20%

0.00 Aaa / AAA
AAA

0.00 0.00
31846V203 First American Govt Obligation Fund Class Y 16,634,297.73 Various

4.32%
16,634,297.73
16,634,297.73

1.00 4.32%
16,634,297.73

0.00 16.57%

0.00 Aaa / AAA
AAA

0.00 0.00
TOTAL Money Market Fund 18,189,877.75 4.32%
18,189,877.75
18,189,877.75 4.32%
18,189,877.75

0.00 18.12%

0.00 Aaa / AAA
AAA

0.00 0.00
US Treasury
9128284L1 US Treasury Note

2.750% Due 04/30/2023
1,500,000.00 08/16/2022

3.10%
1,496,308.59
1,496,308.59

99.85 4.56%
1,497,694.50
17,320.44

1.51%
1,385.91
Aaa / AA+
AAA

0.08 0.08
9128284L1 US Treasury Note

2.750% Due 04/30/2023
5,000,000.00 08/18/2022

3.10%
4,988,085.94
4,988,085.94

99.85 4.56%
4,992,315.00
57,734.81

5.03%
4,229.06
Aaa / AA+
AAA

0.08 0.08
9128284S6 US Treasury Note

2.750% Due 05/31/2023
4,300,000.00 08/18/2022

3.13%
4,287,570.31
4,287,570.31

99.68 4.64%
4,286,201.30
39,633.24

4.31%
(1,369.01)
Aaa / AA+
AAA

0.17 0.17
9128284U1 US Treasury Note

2.625% Due 06/30/2023
3,600,000.00 08/18/2022

3.11%
3,585,234.38
3,585,234.38

99.50 4.59%
3,582,115.20
23,755.52

3.59%
(3,119.18)
Aaa / AA+
AAA

0.25 0.25
912828Y61 US Treasury Note

2.750% Due 07/31/2023
2,200,000.00 08/18/2022

3.16%
2,191,664.06
2,191,664.06

99.34 4.72%
2,185,475.60
10,027.62

2.19%
(6,188.46)
Aaa / AA+
AAA

0.33 0.33
9128284X5 US Treasury Note

2.750% Due 08/31/2023
4,000,000.00 08/16/2022

3.20%
3,981,718.75
3,981,718.75

99.21 4.68%
3,968,280.00
9,565.22

3.96%
(13,438.75)
Aaa / AA+
AAA

0.42 0.41
9128284X5 US Treasury Note

2.750% Due 08/31/2023
1,000,000.00 Various

3.21%
995,398.44
995,398.44

99.21 4.68%
992,070.00
2,391.30

0.99%
(3,328.44)
Aaa / AA+
AAA

0.42 0.41
9128285D8 US Treasury Note

2.875% Due 09/30/2023
2,800,000.00 08/19/2022

3.21%
2,789,718.75
2,789,718.75

99.13 4.66%
2,775,609.20
219.95

2.77%
(14,109.55)
Aaa / AA+
AAA

0.50 0.49
As of March 31, 2023
50

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 88 of 348 Holdings Report
City of Indio - Consolidated Bond Proceeds - Account #10978 CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
9128285K2 US Treasury Note

2.875% Due 10/31/2023
1,500,000.00 08/18/2022

3.23%
1,493,730.47
1,493,730.47

98.98 4.67%
1,484,649.00
18,107.73

1.50%
(9,081.47)
Aaa / AA+
AAA

0.59 0.56
9128285K2 US Treasury Note

2.875% Due 10/31/2023
3,200,000.00 08/19/2022

3.24%
3,186,500.00
3,186,500.00

98.98 4.67%
3,167,251.20
38,629.83

3.19%
(19,248.80)
Aaa / AA+
AAA

0.59 0.56
9128285P1 US Treasury Note

2.875% Due 11/30/2023
2,300,000.00 08/19/2022

3.27%
2,288,679.69
2,288,679.69

98.80 4.72%
2,272,418.40
22,162.77

2.29%
(16,261.29)
Aaa / AA+
AAA

0.67 0.65
9128285U0 US Treasury Note

2.625% Due 12/31/2023
2,300,000.00 08/19/2022

3.26%
2,280,683.59
2,280,683.59

98.50 4.67%
2,265,500.00
15,177.14

2.27%
(15,183.59)
Aaa / AA+
AAA

0.75 0.73
9128285Z9 US Treasury Note

2.500% Due 01/31/2024
2,500,000.00 08/19/2022

3.26%
2,473,339.84
2,473,339.84

98.17 4.75%
2,454,297.50
10,359.12

2.46%
(19,042.34)
Aaa / AA+
AAA

0.84 0.81
9128286G0 US Treasury Note

2.375% Due 02/29/2024
1,000,000.00 08/18/2022

3.23%
987,304.69
987,304.69

97.91 4.73%
979,102.00
2,065.22

0.98%
(8,202.69)
Aaa / AA+
AAA

0.92 0.89
9128286G0 US Treasury Note

2.375% Due 02/29/2024
2,700,000.00 08/19/2022

3.26%
2,664,984.38
2,664,984.38

97.91 4.73%
2,643,575.40
5,576.09

2.64%
(21,408.98)
Aaa / AA+
AAA

0.92 0.89
91282CEK3 US Treasury Note

2.500% Due 04/30/2024
1,500,000.00 08/18/2022

3.26%
1,481,250.00
1,481,250.00

97.80 4.61%
1,466,953.50
15,745.86

1.48%
(14,296.50)
Aaa / AA+
AAA

1.08 1.04
91282CEK3 US Treasury Note

2.500% Due 04/30/2024
4,000,000.00 08/19/2022

3.29%
3,948,437.50
3,948,437.50

97.80 4.61%
3,911,876.00
41,988.95

3.94%
(36,561.50)
Aaa / AA+
AAA

1.08 1.04
91282CER8 US Treasury Note

2.500% Due 05/31/2024
5,000,000.00 08/19/2022

3.28%
4,933,007.81
4,933,007.81

97.76 4.49%
4,887,890.00
41,895.60

4.91%
(45,117.81)
Aaa / AA+
AAA

1.17 1.12
91282CFA4 US Treasury Note

3.000% Due 07/31/2024
1,000,000.00 08/18/2022

3.24%
995,507.81
995,507.81

98.18 4.41%
981,797.00
4,972.38

0.98%
(13,710.81)
Aaa / AA+
AAA

1.34 1.29
91282CFA4 US Treasury Note

3.000% Due 07/31/2024
5,500,000.00 08/19/2022

3.28%
5,471,210.94
5,471,210.94

98.18 4.41%
5,399,883.50
27,348.07

5.41%
(71,327.44)
Aaa / AA+
AAA

1.34 1.29
9128282U3 US Treasury Note

1.875% Due 08/31/2024
4,800,000.00 08/19/2022

3.28%
4,669,500.00
4,669,500.00

96.61 4.37%
4,637,064.00
7,826.09

4.63%
(32,436.00)
Aaa / AA+
AAA

1.42 1.37
9128282Y5 US Treasury Note

2.125% Due 09/30/2024
4,000,000.00 08/19/2022

3.26%
3,908,281.25
3,908,281.25

96.85 4.32%
3,873,908.00
232.24

3.86%
(34,373.25)
Aaa / AA+
AAA

1.50 1.45
9128283D0 US Treasury Note

2.250% Due 10/31/2024
1,500,000.00 08/18/2022

3.25%
1,468,359.38
1,468,359.38

96.91 4.29%
1,453,594.50
14,171.27

1.46%
(14,764.88)
Aaa / AA+
AAA

1.59 1.52
9128283D0 US Treasury Note

2.250% Due 10/31/2024
2,500,000.00 08/19/2022

3.28%
2,446,093.75
2,446,093.75

96.91 4.29%
2,422,657.50
23,618.78

2.44%
(23,436.25)
Aaa / AA+
AAA

1.59 1.52
9128283J7 US Treasury Note

2.125% Due 11/30/2024
1,500,000.00 08/19/2022

3.29%
1,461,914.06
1,461,914.06

96.64 4.23%
1,449,667.50
10,683.38

1.45%
(12,246.56)
Aaa / AA+
AAA

1.67 1.60
9128283P3 US Treasury Note

2.250% Due 12/31/2024
1,300,000.00 08/19/2022

3.30%
1,269,378.91
1,269,378.91

96.73 4.21%
1,257,445.80
7,352.90

1.26%
(11,933.11)
Aaa / AA+
AAA

1.76 1.68
As of March 31, 2023
51

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 89 of 348 Holdings Report
City of Indio - Consolidated Bond Proceeds - Account #10978 CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
9128283V0 US Treasury Note

2.500% Due 01/31/2025
1,000,000.00 08/19/2022

3.30%
981,406.25
981,406.25

97.10 4.15%
971,016.00
4,143.65

0.97%
(10,390.25)
Aaa / AA+
AAA

1.84 1.76
9128284M9 US Treasury Note

2.875% Due 04/30/2025
1,500,000.00 08/18/2022

3.27%
1,484,648.44
1,484,648.44

97.66 4.06%
1,464,903.00
18,107.73

1.48%
(19,745.44)
Aaa / AA+
AAA

2.08 1.97
9128285J5 US Treasury Note

3.000% Due 10/31/2025
250,000.00 08/18/2022

3.23%
248,281.25
248,281.25

97.80 3.90%
244,502.00
3,149.17

0.25%
(3,779.25)
Aaa / AA+
AAA

2.59 2.43
TOTAL US Treasury 75,250,000.00 3.23%
74,458,199.23
74,458,199.23 4.53%
73,969,712.60
493,962.07

74.18%
(488,486.63)
Aaa / AA+
AAA

0.90 0.86
TOTAL PORTFOLIO 101,239,877.75 3.43%
100,427,508.98
100,427,508.98 4.50%
99,836,232.55
546,216.93
100.00%
(591,276.43)
Aaa / AA+
AAA

0.75 0.72
TOTAL MARKET VALUE PLUS ACCRUALS 100,382,449.48
As of March 31, 2023
52

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 90 of 348 SECTION |
Section 5 |
Transactions
53

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 91 of 348 Transaction Ledger
City of Indio - Account #10043
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 01/25/2023 24422EWR6 600,000.00 John Deere Capital Corp Note

4.75% Due: 01/20/2028
101.539 4.40% 609,234.00 1,266.67 610,500.67 0.00
Purchase 01/26/2023 91282CGC9 1,400,000.00 US Treasury Note

3.875% Due: 12/31/2027
101.383 3.57% 1,419,359.38 3,896.41 1,423,255.79 0.00
Purchase 02/08/2023 91282CGH8 2,200,000.00 US Treasury Note

3.5% Due: 01/31/2028

98.598 3.81% 2,169,148.44 1,701.66 2,170,850.10 0.00
Purchase 02/28/2023 91282CGP0 1,000,000.00 US Treasury Note 4% Due: 02/29/2028

99.285 4.16% 992,851.56 0.00 992,851.56 0.00
Purchase 03/09/2023 57636QAW4 665,000.00 MasterCard Inc Callable Note Cont 2/9/28

4.875% Due: 03/09/2028

99.903 4.90% 664,354.95 0.00 664,354.95 0.00
Purchase 03/09/2023 91282CGP0 750,000.00 US Treasury Note 4% Due: 02/29/2028

98.898 4.25% 741,738.28 733.70 742,471.98 0.00
Purchase 03/17/2023 91282CGP0 1,250,000.00 US Treasury Note 4% Due: 02/29/2028
100.883 3.80% 1,261,035.16 2,309.78 1,263,344.94 0.00
Subtotal 7,865,000.00 7,857,721.77 9,908.22 7,867,629.99 0.00 TOTAL ACQUISITIONS 7,865,000.00 7,857,721.77 9,908.22 7,867,629.99 0.00

DISPOSITIONS
Sale 01/26/2023 3135G04Q3 650,000.00 FNMA Note

0.25% Due: 05/22/2023

98.540 4.85% 640,510.00 288.89 640,798.89 -7,533.50
Sale 01/26/2023 3137EAER6 710,000.00 FHLMC Note

0.375% Due: 05/05/2023

98.830 4.68% 701,693.00 599.06 702,292.06 -8,008.80
Sale 02/08/2023 3135G05G4 730,000.00 FNMA Note

0.25% Due: 07/10/2023

98.101 4.84% 716,137.30 141.94 716,279.24 -12,293.20
Sale 02/08/2023 91282CAW1 1,400,000.00 US Treasury Note

0.25% Due: 11/15/2023

96.527 4.93% 1,351,382.81 821.82 1,352,204.63 -40,218.75 Sale 02/24/2023 91282CAW1 750,000.00 US Treasury Note

0.25% Due: 11/15/2023

96.594 5.12% 724,453.13 523.14 724,976.27 -21,047.71
December 31, 2022 through March 31, 2023
As of March 31, 2023
54

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 92 of 348 Transaction Ledger
City of Indio - Account #10043
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Sale 03/08/2023 91282CAW1 1,250,000.00 US Treasury Note

0.25% Due: 11/15/2023

96.719 5.17% 1,208,984.38 975.48 1,209,959.86 -33,517.02 Sale 03/15/2023 91282CBE0 1,150,000.00 US Treasury Note

0.125% Due: 01/15/2024

96.227 4.78% 1,106,605.47 234.29 1,106,839.76 -38,947.26 Sale 03/16/2023 69371RR24 260,000.00 Paccar Financial Corp Note

0.35% Due: 02/02/2024

95.513 5.66% 248,333.80 111.22 248,445.02 -11,364.60
Subtotal 6,900,000.00 6,698,099.89 3,695.84 6,701,795.73 -172,930.84 TOTAL DISPOSITIONS 6,900,000.00 6,698,099.89 3,695.84 6,701,795.73 -172,930.84 December 31, 2022 through March 31, 2023
As of March 31, 2023
55

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 93 of 348 Transaction Ledger
City of Indio LAIF Account - Account #10067
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 01/15/2023 90LAIF$00 288,366.40 Local Agency Investment Fund State Pool 1.000 2.23% 288,366.40 0.00 288,366.40 0.00 Subtotal 288,366.40 288,366.40 0.00 288,366.40 0.00
Security
Contribution
01/11/2023 90LAIF$00 15,000,000.00 Local Agency Investment Fund State Pool 1.000 15,000,000.00 0.00 15,000,000.00 0.00 Security
Contribution
01/17/2023 90LAIF$00 15,000,000.00 Local Agency Investment Fund State Pool 1.000 15,000,000.00 0.00 15,000,000.00 0.00 Security
Contribution
02/06/2023 90LAIF$00 20,000,000.00 Local Agency Investment Fund State Pool 1.000 20,000,000.00 0.00 20,000,000.00 0.00 Subtotal 50,000,000.00 50,000,000.00 0.00 50,000,000.00 0.00 TOTAL ACQUISITIONS 50,288,366.40 50,288,366.40 0.00 50,288,366.40 0.00

DISPOSITIONS
Security
Withdrawal
01/17/2023 90LAIF$00 15,000,000.00 Local Agency Investment Fund State Pool 1.000 15,000,000.00 0.00 15,000,000.00 0.00 Security
Withdrawal
03/10/2023 90LAIF$00 5,000,000.00 Local Agency Investment Fund State Pool 1.000 5,000,000.00 0.00 5,000,000.00 0.00 Subtotal 20,000,000.00 20,000,000.00 0.00 20,000,000.00 0.00 TOTAL DISPOSITIONS 20,000,000.00 20,000,000.00 0.00 20,000,000.00 0.00 December 31, 2022 through March 31, 2023
As of March 31, 2023
56

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 94 of 348 Transaction Ledger
City of Indio - 2022 Lease Revenue Bonds City Hall - Account #10975 Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 01/03/2023 31846V203 31,986.45 First American Govt Obligation Fund Class Y 1.000 3.79% 31,986.45 0.00 31,986.45 0.00 Purchase 01/26/2023 31846V203 3,500,000.00 First American Govt Obligation Fund Class Y 1.000 3.79% 3,500,000.00 0.00 3,500,000.00 0.00 Purchase 01/31/2023 31846V203 156,500.00 First American Govt Obligation Fund Class Y 1.000 3.83% 156,500.00 0.00 156,500.00 0.00 Purchase 02/01/2023 31846V203 16,471.13 First American Govt Obligation Fund Class Y 1.000 3.83% 16,471.13 0.00 16,471.13 0.00 Purchase 02/28/2023 31846V203 192,437.50 First American Govt Obligation Fund Class Y 1.000 4.06% 192,437.50 0.00 192,437.50 0.00 Purchase 02/28/2023 31846V203 4,600,000.00 First American Govt Obligation Fund Class Y 1.000 4.06% 4,600,000.00 0.00 4,600,000.00 0.00 Purchase 03/01/2023 31846V203 20,707.82 First American Govt Obligation Fund Class Y 1.000 4.06% 20,707.82 0.00 20,707.82 0.00 Purchase 03/08/2023 31846V203 45,500.00 First American Govt Obligation Fund Class Y 1.000 4.06% 45,500.00 0.00 45,500.00 0.00 Purchase 03/31/2023 31846V203 5,100,000.00 First American Govt Obligation Fund Class Y 1.000 4.32% 5,100,000.00 0.00 5,100,000.00 0.00 Purchase 03/31/2023 31846V203 146,500.00 First American Govt Obligation Fund Class Y 1.000 4.32% 146,500.00 0.00 146,500.00 0.00 Subtotal 13,810,102.90 13,810,102.90 0.00 13,810,102.90 0.00 Security
Contribution
02/06/2023 31846V203 47,658.48 First American Govt Obligation Fund Class Y 1.000 47,658.48 0.00 47,658.48 0.00 December 31, 2022 through March 31, 2023
As of March 31, 2023
57

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 95 of 348 Transaction Ledger
City of Indio - 2022 Lease Revenue Bonds City Hall - Account #10975 Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Security
Contribution
03/03/2023 31846V203 25.97 First American Govt Obligation Fund Class Y 1.000 25.97 0.00 25.97 0.00 Subtotal 47,684.45 47,684.45 0.00 47,684.45 0.00
TOTAL ACQUISITIONS 13,857,787.35 13,857,787.35 0.00 13,857,787.35 0.00

DISPOSITIONS
Maturity 01/26/2023 912796S34 3,500,000.00 US Treasury Bill

2.853% Due: 01/26/2023
100.000 3,456,453.65 43,546.35 3,500,000.00 0.00
Maturity 02/28/2023 9128284A5 4,600,000.00 US Treasury Note

2.625% Due: 02/28/2023
100.000 4,600,000.00 0.00 4,600,000.00 9,164.06
Maturity 03/31/2023 9128284D9 5,100,000.00 US Treasury Note

2.5% Due: 03/31/2023
100.000 5,100,000.00 0.00 5,100,000.00 15,937.50
Subtotal 13,200,000.00 13,156,453.65 43,546.35 13,200,000.00 25,101.56 Security
Withdrawal
01/06/2023 31846V203 10,000,000.00 First American Govt Obligation Fund Class Y 1.000 10,000,000.00 0.00 10,000,000.00 0.00 Subtotal 10,000,000.00 10,000,000.00 0.00 10,000,000.00 0.00 TOTAL DISPOSITIONS 23,200,000.00 23,156,453.65 43,546.35 23,200,000.00 25,101.56 Other Transactions
Interest 01/31/2023 9128283V0 1,000,000.00 US Treasury Note

2.5% Due: 01/31/2025

0.000 12,500.00 0.00 12,500.00 0.00
Interest 01/31/2023 9128285Z9 2,500,000.00 US Treasury Note

2.5% Due: 01/31/2024

0.000 31,250.00 0.00 31,250.00 0.00
December 31, 2022 through March 31, 2023
As of March 31, 2023
58

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 96 of 348 Transaction Ledger
City of Indio - 2022 Lease Revenue Bonds City Hall - Account #10975 Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Interest 01/31/2023 912828Y61 2,200,000.00 US Treasury Note

2.75% Due: 07/31/2023

0.000 30,250.00 0.00 30,250.00 0.00
Interest 01/31/2023 91282CFA4 5,500,000.00 US Treasury Note 3% Due: 07/31/2024

0.000 82,500.00 0.00 82,500.00 0.00
Interest 02/28/2023 9128282U3 4,800,000.00 US Treasury Note

1.875% Due: 08/31/2024

0.000 45,000.00 0.00 45,000.00 0.00
Interest 02/28/2023 9128284A5 4,600,000.00 US Treasury Note

2.625% Due: 02/28/2023

0.000 60,375.00 0.00 60,375.00 0.00
Interest 02/28/2023 9128284X5 4,000,000.00 US Treasury Note

2.75% Due: 08/31/2023

0.000 55,000.00 0.00 55,000.00 0.00
Interest 02/28/2023 9128286G0 2,700,000.00 US Treasury Note

2.375% Due: 02/29/2024

0.000 32,062.50 0.00 32,062.50 0.00
Interest 03/08/2023 3130A0XE5 2,800,000.00 FHLB Note

3.25% Due: 03/08/2024

0.000 45,500.00 0.00 45,500.00 0.00
Interest 03/31/2023 9128282Y5 4,000,000.00 US Treasury Note

2.125% Due: 09/30/2024

0.000 42,500.00 0.00 42,500.00 0.00
Interest 03/31/2023 9128284D9 5,100,000.00 US Treasury Note

2.5% Due: 03/31/2023

0.000 63,750.00 0.00 63,750.00 0.00
Interest 03/31/2023 9128285D8 2,800,000.00 US Treasury Note

2.875% Due: 09/30/2023

0.000 40,250.00 0.00 40,250.00 0.00
Subtotal 42,000,000.00 540,937.50 0.00 540,937.50 0.00
Dividend 01/03/2023 31846V203 12,776,510.38 First American Govt Obligation Fund Class Y 0.000 31,986.45 0.00 31,986.45 0.00 Dividend 02/01/2023 31846V203 6,464,996.83 First American Govt Obligation Fund Class Y 0.000 16,471.13 0.00 16,471.13 0.00 December 31, 2022 through March 31, 2023
As of March 31, 2023
59

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 97 of 348 Transaction Ledger
City of Indio - 2022 Lease Revenue Bonds City Hall - Account #10975 Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Dividend 03/01/2023 31846V203 11,321,563.94 First American Govt Obligation Fund Class Y 0.000 20,707.82 0.00 20,707.82 0.00 Subtotal 30,563,071.15 69,165.40 0.00 69,165.40 0.00
TOTAL Other Transactions 72,563,071.15 610,102.90 0.00 610,102.90 0.00 December 31, 2022 through March 31, 2023
As of March 31, 2023
60

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 98 of 348 Transaction Ledger
City of Indio - Debt Service Reserve - Account #10976
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 01/03/2023 31846V203 908.67 First American Govt Obligation Fund Class Y 1.000 3.79% 908.67 0.00 908.67 0.00 Purchase 01/31/2023 31846V203 15,000.00 First American Govt Obligation Fund Class Y 1.000 3.83% 15,000.00 0.00 15,000.00 0.00 Purchase 02/01/2023 31846V203 968.86 First American Govt Obligation Fund Class Y 1.000 3.83% 968.86 0.00 968.86 0.00 Purchase 02/28/2023 31846V203 38,750.00 First American Govt Obligation Fund Class Y 1.000 4.06% 38,750.00 0.00 38,750.00 0.00 Purchase 02/28/2023 31846V203 1,000,000.00 First American Govt Obligation Fund Class Y 1.000 4.06% 1,000,000.00 0.00 1,000,000.00 0.00 Purchase 03/01/2023 31846V203 1,090.47 First American Govt Obligation Fund Class Y 1.000 4.06% 1,090.47 0.00 1,090.47 0.00 Subtotal 1,056,718.00 1,056,718.00 0.00 1,056,718.00 0.00 TOTAL ACQUISITIONS 1,056,718.00 1,056,718.00 0.00 1,056,718.00 0.00

DISPOSITIONS
Maturity 02/28/2023 9128284A5 1,000,000.00 US Treasury Note

2.625% Due: 02/28/2023
100.000 1,000,000.00 0.00 1,000,000.00 1,992.19
Subtotal 1,000,000.00 1,000,000.00 0.00 1,000,000.00 1,992.19 TOTAL DISPOSITIONS 1,000,000.00 1,000,000.00 0.00 1,000,000.00 1,992.19 December 31, 2022 through March 31, 2023
As of March 31, 2023
61

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 99 of 348 Transaction Ledger
City of Indio - Debt Service Reserve - Account #10976
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Other Transactions
Interest 01/31/2023 91282CFA4 1,000,000.00 US Treasury Note 3% Due: 07/31/2024

0.000 15,000.00 0.00 15,000.00 0.00
Interest 02/28/2023 9128284A5 1,000,000.00 US Treasury Note

2.625% Due: 02/28/2023

0.000 13,125.00 0.00 13,125.00 0.00
Interest 02/28/2023 9128284X5 1,000,000.00 US Treasury Note

2.75% Due: 08/31/2023

0.000 13,750.00 0.00 13,750.00 0.00
Interest 02/28/2023 9128286G0 1,000,000.00 US Treasury Note

2.375% Due: 02/29/2024

0.000 11,875.00 0.00 11,875.00 0.00
Subtotal 4,000,000.00 53,750.00 0.00 53,750.00 0.00
Dividend 01/03/2023 31846V203 298,307.46 First American Govt Obligation Fund Class Y 0.000 908.67 0.00 908.67 0.00 Dividend 02/01/2023 31846V203 314,216.13 First American Govt Obligation Fund Class Y 0.000 968.86 0.00 968.86 0.00 Dividend 03/01/2023 31846V203 1,353,934.99 First American Govt Obligation Fund Class Y 0.000 1,090.47 0.00 1,090.47 0.00 Subtotal 1,966,458.58 2,968.00 0.00 2,968.00 0.00
TOTAL Other Transactions 5,966,458.58 56,718.00 0.00 56,718.00 0.00 December 31, 2022 through March 31, 2023
As of March 31, 2023
62

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 100 of 348 Transaction Ledger
City of Indio - Capitalized Interest Fund - Account #10977 Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 01/03/2023 31846V203 605.21 First American Govt Obligation Fund Class Y 1.000 3.79% 605.21 0.00 605.21 0.00 Purchase 02/01/2023 31846V203 644.25 First American Govt Obligation Fund Class Y 1.000 3.83% 644.25 0.00 644.25 0.00 Purchase 03/01/2023 31846V203 618.61 First American Govt Obligation Fund Class Y 1.000 4.06% 618.61 0.00 618.61 0.00 Subtotal 1,868.07 1,868.07 0.00 1,868.07 0.00
TOTAL ACQUISITIONS 1,868.07 1,868.07 0.00 1,868.07 0.00 Other Transactions
Dividend 01/03/2023 31846V203 198,686.49 First American Govt Obligation Fund Class Y 0.000 605.21 0.00 605.21 0.00 Dividend 02/01/2023 31846V203 199,291.70 First American Govt Obligation Fund Class Y 0.000 644.25 0.00 644.25 0.00 Dividend 03/01/2023 31846V203 199,935.95 First American Govt Obligation Fund Class Y 0.000 618.61 0.00 618.61 0.00 Subtotal 597,914.14 1,868.07 0.00 1,868.07 0.00
TOTAL Other Transactions 597,914.14 1,868.07 0.00 1,868.07 0.00 December 31, 2022 through March 31, 2023
As of March 31, 2023
63

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 101 of 348 Transaction Ledger
City of Indio - Consolidated Bond Proceeds - Account #10978 Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 01/03/2023 31846V203 31,986.45 First American Govt Obligation Fund Class Y 1.000 3.79% 31,986.45 0.00 31,986.45 0.00 Purchase 01/03/2023 31846V203 908.67 First American Govt Obligation Fund Class Y 1.000 3.79% 908.67 0.00 908.67 0.00 Purchase 01/03/2023 31846V203 605.21 First American Govt Obligation Fund Class Y 1.000 3.79% 605.21 0.00 605.21 0.00 Purchase 01/26/2023 31846V203 3,500,000.00 First American Govt Obligation Fund Class Y 1.000 3.79% 3,500,000.00 0.00 3,500,000.00 0.00 Purchase 01/31/2023 31846V203 156,500.00 First American Govt Obligation Fund Class Y 1.000 3.83% 156,500.00 0.00 156,500.00 0.00 Purchase 01/31/2023 31846V203 15,000.00 First American Govt Obligation Fund Class Y 1.000 3.83% 15,000.00 0.00 15,000.00 0.00 Purchase 02/01/2023 31846V203 16,471.13 First American Govt Obligation Fund Class Y 1.000 3.83% 16,471.13 0.00 16,471.13 0.00 Purchase 02/01/2023 31846V203 968.86 First American Govt Obligation Fund Class Y 1.000 3.83% 968.86 0.00 968.86 0.00 Purchase 02/01/2023 31846V203 644.25 First American Govt Obligation Fund Class Y 1.000 3.83% 644.25 0.00 644.25 0.00 Purchase 02/28/2023 31846V203 192,437.50 First American Govt Obligation Fund Class Y 1.000 4.06% 192,437.50 0.00 192,437.50 0.00 Purchase 02/28/2023 31846V203 38,750.00 First American Govt Obligation Fund Class Y 1.000 4.06% 38,750.00 0.00 38,750.00 0.00 Purchase 02/28/2023 31846V203 4,600,000.00 First American Govt Obligation Fund Class Y 1.000 4.06% 4,600,000.00 0.00 4,600,000.00 0.00 Purchase 02/28/2023 31846V203 1,000,000.00 First American Govt Obligation Fund Class Y 1.000 4.06% 1,000,000.00 0.00 1,000,000.00 0.00 Purchase 03/01/2023 31846V203 20,707.82 First American Govt Obligation Fund Class Y 1.000 4.06% 20,707.82 0.00 20,707.82 0.00 Purchase 03/01/2023 31846V203 1,090.47 First American Govt Obligation Fund Class Y 1.000 4.06% 1,090.47 0.00 1,090.47 0.00 December 31, 2022 through March 31, 2023
As of March 31, 2023
64

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 102 of 348 Transaction Ledger
City of Indio - Consolidated Bond Proceeds - Account #10978 Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Purchase 03/01/2023 31846V203 618.61 First American Govt Obligation Fund Class Y 1.000 4.06% 618.61 0.00 618.61 0.00 Purchase 03/08/2023 31846V203 45,500.00 First American Govt Obligation Fund Class Y 1.000 4.06% 45,500.00 0.00 45,500.00 0.00 Purchase 03/31/2023 31846V203 5,100,000.00 First American Govt Obligation Fund Class Y 1.000 4.32% 5,100,000.00 0.00 5,100,000.00 0.00 Purchase 03/31/2023 31846V203 146,500.00 First American Govt Obligation Fund Class Y 1.000 4.32% 146,500.00 0.00 146,500.00 0.00 Subtotal 14,868,688.97 14,868,688.97 0.00 14,868,688.97 0.00 Security
Contribution
02/06/2023 31846V203 47,658.48 First American Govt Obligation Fund Class Y 1.000 47,658.48 0.00 47,658.48 0.00 Security
Contribution
03/03/2023 31846V203 25.97 First American Govt Obligation Fund Class Y 1.000 25.97 0.00 25.97 0.00 Subtotal 47,684.45 47,684.45 0.00 47,684.45 0.00
TOTAL ACQUISITIONS 14,916,373.42 14,916,373.42 0.00 14,916,373.42 0.00

DISPOSITIONS
Maturity 01/26/2023 912796S34 3,500,000.00 US Treasury Bill

2.853% Due: 01/26/2023
100.000 3,456,453.65 43,546.35 3,500,000.00 0.00
Maturity 02/28/2023 9128284A5 4,600,000.00 US Treasury Note

2.625% Due: 02/28/2023
100.000 4,600,000.00 0.00 4,600,000.00 9,164.06
Maturity 02/28/2023 9128284A5 1,000,000.00 US Treasury Note

2.625% Due: 02/28/2023
100.000 1,000,000.00 0.00 1,000,000.00 1,992.19
Maturity 03/31/2023 9128284D9 5,100,000.00 US Treasury Note

2.5% Due: 03/31/2023
100.000 5,100,000.00 0.00 5,100,000.00 15,937.50
Subtotal 14,200,000.00 14,156,453.65 43,546.35 14,200,000.00 27,093.75 December 31, 2022 through March 31, 2023
As of March 31, 2023
65

AGENDA ITEM #10.3
Resolution No. 10355 - Report of Investments for the quarter ending Marc...Page 103 of 348 Transaction Ledger
City of Indio - Consolidated Bond Proceeds - Account #10978 Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Security
Withdrawal
01/06/2023 31846V203 10,000,000.00 First American Govt Obligation Fund Class Y 1.000 10,000,000.00 0.00 10,000,000.00 0.00 Subtotal 10,000,000.00 10,000,000.00 0.00 10,000,000.00 0.00 TOTAL DISPOSITIONS 24,200,000.00 24,156,453.65 43,546.35 24,200,000.00 27,093.75 Other Transactions
Interest 01/31/2023 9128283V0 1,000,000.00 US Treasury Note

2.5% Due: 01/31/2025

0.000 12,500.00 0.00 12,500.00 0.00
Interest 01/31/2023 9128285Z9 2,500,000.00 US Treasury Note

2.5% Due: 01/31/2024

0.000 31,250.00 0.00 31,250.00 0.00
Interest 01/31/2023 912828Y61 2,200,000.00 US Treasury Note

2.75% Due: 07/31/2023

0.000 30,250.00 0.00 30,250.00 0.00
Interest 01/31/2023 91282CFA4 5,500,000.00 US Treasury Note 3% Due: 07/31/2024

0.000 82,500.00 0.00 82,500.00 0.00
Interest 01/31/2023 91282CFA4 1,000,000.00 US Treasury Note 3% Due: 07/31/2024

0.000 15,000.00 0.00 15,000.00 0.00
Interest 02/28/2023 9128282U3 4,800,000.00 US Treasury Note

1.875% Due: 08/31/2024

0.000 45,000.00 0.00 45,000.00 0.00
Interest 02/28/2023 9128284A5 4,600,000.00 US Treasury Note

2.625% Due: 02/28/2023

0.000 60,375.00 0.00 60,375.00 0.00
Interest 02/28/2023 9128284A5 1,000,000.00 US Treasury Note

2.625% Due: 02/28/2023

0.000 13,125.00 0.00 13,125.00 0.00
Interest 02/28/2023 9128284X5 1,000,000.00 US Treasury Note

2.75% Due: 08/31/2023

0.000 13,750.00 0.00 13,750.00 0.00
Interest 02/28/2023 9128284X5 4,000,000.00 US Treasury Note

2.75% Due: 08/31/2023

0.000 55,000.00 0.00 55,000.00 0.00
Interest 02/28/2023 9128286G0 1,000,000.00 US Treasury Note

2.375% Due: 02/29/2024

0.000 11,875.00 0.00 11,875.00 0.00
December 31, 2022 through March 31, 2023
As of March 31, 2023
66

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City of Indio - Consolidated Bond Proceeds - Account #10978 Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Interest 02/28/2023 9128286G0 2,700,000.00 US Treasury Note

2.375% Due: 02/29/2024

0.000 32,062.50 0.00 32,062.50 0.00
Interest 03/08/2023 3130A0XE5 2,800,000.00 FHLB Note

3.25% Due: 03/08/2024

0.000 45,500.00 0.00 45,500.00 0.00
Interest 03/31/2023 9128282Y5 4,000,000.00 US Treasury Note

2.125% Due: 09/30/2024

0.000 42,500.00 0.00 42,500.00 0.00
Interest 03/31/2023 9128284D9 5,100,000.00 US Treasury Note

2.5% Due: 03/31/2023

0.000 63,750.00 0.00 63,750.00 0.00
Interest 03/31/2023 9128285D8 2,800,000.00 US Treasury Note

2.875% Due: 09/30/2023

0.000 40,250.00 0.00 40,250.00 0.00
Subtotal 46,000,000.00 594,687.50 0.00 594,687.50 0.00
Dividend 01/03/2023 31846V203 198,686.49 First American Govt Obligation Fund Class Y 0.000 605.21 0.00 605.21 0.00 Dividend 01/03/2023 31846V203 12,776,510.38 First American Govt Obligation Fund Class Y 0.000 31,986.45 0.00 31,986.45 0.00 Dividend 01/03/2023 31846V203 298,307.46 First American Govt Obligation Fund Class Y 0.000 908.67 0.00 908.67 0.00 Dividend 02/01/2023 31846V203 314,216.13 First American Govt Obligation Fund Class Y 0.000 968.86 0.00 968.86 0.00 Dividend 02/01/2023 31846V203 199,291.70 First American Govt Obligation Fund Class Y 0.000 644.25 0.00 644.25 0.00 Dividend 02/01/2023 31846V203 6,464,996.83 First American Govt Obligation Fund Class Y 0.000 16,471.13 0.00 16,471.13 0.00 Dividend 03/01/2023 31846V203 11,321,563.94 First American Govt Obligation Fund Class Y 0.000 20,707.82 0.00 20,707.82 0.00 Dividend 03/01/2023 31846V203 1,353,934.99 First American Govt Obligation Fund Class Y 0.000 1,090.47 0.00 1,090.47 0.00 December 31, 2022 through March 31, 2023
As of March 31, 2023
67

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City of Indio - Consolidated Bond Proceeds - Account #10978 Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss
Dividend 03/01/2023 31846V203 199,935.95 First American Govt Obligation Fund Class Y 0.000 618.61 0.00 618.61 0.00 Subtotal 33,127,443.87 74,001.47 0.00 74,001.47 0.00
TOTAL Other Transactions 79,127,443.87 668,688.97 0.00 668,688.97 0.00 December 31, 2022 through March 31, 2023
As of March 31, 2023
68

AGENDA ITEM #10.3
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2023 Chandler Asset Management, Inc, An Independent Registered Investment Adviser.

Information contained herein is confidential. Prices are provided by ICE Data Services Inc (“IDS”), an independent pricing source. In the event IDS does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance results are presented gross-of-advisory fees and represent the client’s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Source ICE Data Indices, LLC ("ICE"), used with permission. ICE permits use of the ICE indices and related data on an "as is" basis; ICE, its affiliates and their respective third party suppliers disclaim any and all warranties and representations, express and/or implied, including any warranties of merchantability or fitness for a particular purpose or use, including the indices, index data and any data included in, related to, or derived therefrom. Neither ICE data, its affiliates or their respective third party providers guarantee the quality, adequacy, accuracy, timeliness or completeness of the indices or the index data or any component thereof, and the indices and index data and all components thereof are provided on an "as is" basis and licensee's use it at licensee's own risk. ICE data, its affiliates and their respective third party do not sponsor, endorse, or recommend chandler asset management, or any of its products or services.

This report is provided for informational purposes only and should not be construed as a specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of publication, but may become outdated or superseded at any time without notice. Any opinions or views expressed are based on current market conditions and are subject to change. This report may contain forecasts and forward-looking statements which are inherently limited and should not be relied upon as indicator of future results. Past performance is not indicative of future results. This report is not intended to constitute an offer, solicitation, recommendation or advice regarding any securities or investment strategy and should not be regarded by recipients as a substitute for the exercise of their own judgment.

Fixed income investments are subject to interest, credit and market risk. Interest rate risk: the value of fixed income investments will decline as interest rates rise. Credit risk: the possibility that the borrower may not be able to repay interest and principal. Low rated bonds generally have to pay higher interest rates to attract investors willing to take on greater risk. Market risk: the bond market in general could decline due to economic conditions, especially during periods of rising interest rates.

Ratings information have been provided by Moody’s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities (“MBS”) reflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P, Moody’s and Fitch respectively.

Your qualified custodian bank maintains control of all assets reflected in this statement and we urge you to compare this statement to the one you receive from your qualified custodian. Chandler does not have any authority to withdraw or deposit funds from/to the custodian account.

As of March 31, 2023
69

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ICE BofA 1-5 Yr US Treasury & Agency Index*
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies.

ICE BofA 1-3 Yr US Treasury Index The ICE BofA 1-3 Year US Treasury Index tracks the performance of US dollar-denominated sovereign debt publicly issued by the US government in its domestic market.

Qualifying securities must have at least one year remaining term to final maturity and less than three years remaining term to final maturity, a fixed coupon schedule, and a minimum amount outstanding of $1 billion. Qualifying securities must have at least 18 months to final maturity at the time of issuance.

As of March 31, 2023
70

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RESOLUTION NO. 10355

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF INDIO, CALIFORNIA

ADOPTING AN INVESTMENT POLICY
WHEREAS, Chapter 33.001 of the Code of the City of Indio establishes a general policy that the City of Indio, and its related entities for which the members of the City Council serve as the governing body (the “Component Municipal Entities”), will establish and maintain investment policies in accordance with state laws that stress safety and liquidity over yield; and WHEREAS, Chapter 32.90 of the Code of the City of Indio establishes an Investment Committee composed of the City Treasurer, Finance Director, two memb ers of the City Council and one citizen from the community; and
WHEREAS, Article 1 of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code, including but not limited to Sections 53601 and 53607 therein, vests in the City Council, as legislative body of the City and the Component Municipal Entities, the authority to invest and reinvest funds of City and the Component Municipal Entities, respectively, and to sell or exchange securities so purchased for investment; and
WHEREAS, Section 53607 of the Government Code authorizes Indio’s City Council, for itself and as legislative body of the Component Municipal Entities, to annually delegate authority to the City Treasurer and the Treasurer of the Component Municipal Entities, respectively, to invest, reinvest, sell, or exchange securities until such time as this delegation of authority is revoked or expires; and
WHEREAS, It is the desire of the City Council to renew the delegation of such authority; and
WHEREAS, the City’s Treasurer and Finance Director have presented a revised Statement of Investment Policy for the fiscal year 2023-24, which shall be applicable to subsequent fiscal years unless sooner reviewed and revised by the City Council; and

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF INDIO DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:

Section 1. That the City Council of the City of Indio , on behalf of itself and the Component Municipal Entities, does hereby delegate authority to invest and reinvest funds of the City and the Component Municipal Entities to the City Treasurer and the Treasurer of the Component Municipal Entities, respectively, pursuant to all applicable laws, statutes, and regulations of the State of California as set forth in this Resolution.

Section 2. That the pro posed Investment Policy as set forth in Exhibit “A” attached to this Resolution, which is incorporated by this reference and shall be deemed to be effective on May 17, 2023 and each calendar year hereafter unless changed or modified by further action of the Council.

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Section 3. That Resolution No. 10109 of the City of Indio is rescinded effective May 17, 2023.

PASSED, APPROVED and ADOPTED this 17th day of May, 2023 by the f ollowing vote:

AYES:

NOES:

OSCAR ORTIZ, MAYOR
ATTEST:

CYNTHIA HERNANDEZ, CMC

CITY CLERK

APPROVED AS TO FORM:

STEVEN GRAHAM,

CITY ATTORNEY

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1 EXHIBIT A

CITY OF INDIO, CALIFORNIA, INVESTMENT POLICY
May 17, 2023

I. INTRODUCTION
Chapter 33.001 of the Code of the City of Indio establishes a general policy that the City of Indio, and its related entities for which the members of the City Council serve as the governing body (the “Component Municipal Entities”), will establish and mai ntain investment policies in accordance with state laws that stress safety and liquidity over yield.

Article 1 of Chapter 4 of Part 1 of Division 2 of Title 5 of the California Government Code (CGC), including but not limited to Sections 53601 and 53607 t herein, vests in the City Council, as legislative body of the City and the Component Municipal Entities, the authority to invest and reinvest funds of City and the Component Municipal Entities, respectively, and to sell or exchange securities so purchased for investment.

As used in this policy, the term “City” may refer to the City, or the City and the Component Municipal Entities, as the context may require.

CGC Section 53646 provides for the consideration and approval of the Investment Policy of the C ity, as well as any changes thereto, by the City Council at a public meeting. This Investment Policy is endorsed and adopted by resolution by the City of Indio’s City Council.

The City’s Finance Director (the “Finance Director”) may annually render to the City Council a Statement of Investment Policy for consideration and approval by the City Council at a public meeting, incorporating updates and modifications as necessary, convenient, or desirable.

All investments shall comply with this Investment Policy and governing laws. This Investment Policy addresses the methods, procedures and practices, which must be exercised to ensure effective and judicious fiscal and investment management of the City’s funds. The City’s investment program shall be operated in conformance with federal, state, and other legal requirements, including CGC Sections 16429.1-16429.4, 53600-53610 and 53630-53686. It is the policy of the City to invest public funds in a manner which will provide a market rate of return, given its requirements for preserving principal and meeting the daily cash flow demands of the City.

While the City Council recognizes that it possesses the authority to make investment decisions on behalf of the City, in connection with adoption of this Investment Policy and pursuant to CGC Section 53607, the City Council has delegated its investment authority fo r a one -year period to the City Treasurer and the Treasurer of the Component Municipal Entities, subject to review by the City Council and annual renewal at the City Council’s discretion of such delegation of investment authority, as described in more detail and subject to the provisions of Section V.A. of this Investment Policy. The City Council recognizes that the City Treasurer and the Treasurer of the Component Municipal Entities each may appoint such deputies as such treasurer reasonably may deem nece ssary or appropriate to carry out and fulfill the

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2 responsibilities and fiduciary duties attendant to such delegated investment authority, subject to the oversight of the appointing treasurer.

In the event that the City Council revokes its delegation of investment authority to the City Treasurer and/or the Treasurer of the Component Municipal Entities, the City Council shall invest funds of the City and/or the Component Municipal Entities, as applicable, in a manner consistent with its fiduciary duties and in accordance with this Investment Policy. Upon such a revocation, treasurer responsibilities set forth herein which comprise a portion of the City Council’s delegated investment authority would instead revert to and be performed by the City Council (or by qualified agents designated and selected by the City Council and acting under the City Council’s direction and supervision, so long as the City Council exercises prudence in the selection of the agent, imposes suitable safeguards to prevent abuse in th e exercise of discretion by the agent, and remain s responsible for any investment decisions made by the agent with respect to the funds of the City).

II. SCOPE
This Investment Policy applies to all investments and deposits of the City of Indio and the Component Municipal Entities.

This Investment Policy, however, specifically excludes the employees’ retirement and deferred compensation funds. Additionally, money held by a trustee or fiscal agent pledged to the payment or security of bonds or other ind ebtedness shall comply with CGC Sections 5922(d) and 53601(m).

The City also participates as a member, or designates members of the governing body of, certain public agencies whose governing body includes members other than members of the City Council of the City (collectively, the “Other Public Agencies”). Pursuant to their respective authorizations, the Other Public Agencies may from time to time voluntarily deposit their monetary resources with the City of Indio for investment on a pooled basis. Any O ther Public Agency, by depositing its funds with the City of Indio for management on a pooled basis, acknowledges that those funds will be invested in accordance with this Investment Policy, as in effect and amended from time to time, and by so depositing its funds, consents to such investment of its respective funds. See Section V.C. of this Investment Policy for additional provisions regarding pooling of investment funds.

III. GENERAL OBJECTIVES
All investment management decisions and activities must assure ongoing compliance with all Federal, State and local laws governing the investment of moneys under the control of the City Council. The primary objectives, in priority order, of the City’s investment activities shall be:

1. Safety: Safety of principal is t he foremost objective of the investment program.

Investments shall be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. The objective will be to mitigate credit risk and interest rate risk.

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3 2. Liquidity: The investment portfolio shall remain sufficiently liquid to enable the City of Indio to meet all operating requirements that may be reasonably anticipated.

3. Return: The investment portfolio shall be designed with the objective of attaining a market rate of return throughout budgetary and economic cycles, taking into account the investment risk constraints for safety and liquidity needs.

IV. PRUDENCE, INDEMNIFICATION AND ETHICS
A. Prudent Investor Standard : Management of the City’s investments is governed by the Prudent Investor Standard as set forth in the California Government Code 53600.3:

“…all governing bodies of local agencies or persons authoriz ed to make investment decisions on behalf of those local agencies investing public funds pursuant to this chapter are trustees and therefore fiduciaries subject to the prudent investor standard. When investing, reinvesting, purchasing, acquiring, exchangi ng, selling, or managing public funds, a trustee shall act with care, skill, prudence, and diligence under the circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated needs of the agency, that a pru dent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the agency.

Within the limitations of this section and considering individual investments as part of an overall strategy, investments may be acquired as authorized by law.”

B. Indemnification: The City Treasurer and the Treasurer of the Component Municipal Entities, and other authorized persons resp onsible for managing City funds, acting in accordance with written procedures and this Investment Policy and exercising due diligence, shall be relieved of personal responsibility for an individual security’s credit risk or market price changes, provided deviations from expectations are reported within 30 days and appropriate action is taken to control adverse developments.

C. Ethics: Officers and employees involved in the investment process shall refrain from personal business activity that could conflict wi th proper execution of the investment program, or which could impair their ability to make impartial investment decisions.

Employees and investment officials shall disclose any material financial interests that could be related to the performance of this Investment Policy annually or as necessary. The City Treasurer and the Treasurer of the Component Municipal Entities are governed by the Political Reform Act of 1974 (CGC Section 81000 et seq.) regarding disclosure of material financial interests.

V. DELEGATION OF AUTHORITY; POOLING OF INVESTMENT FUNDS A. Authority to manage the City’s investment program is derived from California Government Code Sections 53600 et seq. The City Council is responsible for the City’s cash and investment management, including the administration of this Investment Policy. Pursuant to CGC Section 53607, the Council may annually delegate its investment authority to the City Treasurer and the Treasurer of the Component Municipal Entities, who shall thereafter assume full responsibility for those transactions until the authority is revoked or expires.

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4 Management responsibility for the cash and investment management of City’s funds is hereby delegated to the City Treasurer and the Treasurer of the Component Municipal Entities, who shall operate consistent with this policy.

The City Treasurer and the Treasurer of the Component Municipal Entities shall establish written procedures for the operation of the cash management/investment program, consistent with this Investment Policy. Such procedures shall include explicit designation of persons responsible for carrying out investment transactions under the direction and supervision of the City Treasurer and the Treasurer of the Component Municipal Entities.

No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the City Treasurer and the Treasurer of the Component Municipal Entities. The City Treasurer and the Treasurer of the Component Municipal Entities shall be responsible for all transactions undertaken with respect to the applicable local agency’s funds and shall establish a system of controls to regulate the activities of subordinate employees and any third-party investment manager utilized pursuant to Section V.B. below.

B. The City may engage the services of an external investment manager to assist in the management of the City’s investment portfolio in a manner consistent with the City’s objectives, provided that the City Treasurer and the Treasurer of the Component Municipal Entities, as the City Council’s delegate s under CGC Section 53607, exercise prudence in the selection of the manager, impose suitable safeguards to prevent abuse in the exercise of discretion by the manager, and remain responsible f or any investment decisions made by the manager with respect to the funds of the applicable local agency . Such external manager may be granted discretion to purchase and sell investment securities in accordance with this Investment Policy. Such manager m ust be registered under the Investment Advisers Act of 1940.

C. Pooling of Funds:

1. The pooling of investment funds of the City and the Component Municipal Entities provides certain benefits, including greater diversification of risk in the investment portfolio, increased liquidity of funds, and efficiencies with regard to investment pricing, safekeeping, and administration. Except for cash in certain restricted and special funds, the City will consolidate cash and reserve balances from all funds of the City and the Component Municipal Entities to maximize investment earnings and to increase efficiencies with regard to investment pricing, safekeeping and administration.

The City Council acknowledges that, so long as the City Council’s annual delegation of investment authority pursuant to CGC Section 53607 to the City Treasurer and the Treasurer of the Component Municipal Entities is effective, the pooling of funds as set forth herein requires the mutual cooperation of the City Treasurer and the Treasurer of the Component Municipal Entities (such as, but not limited to, the appointment of such deputies as each such treasurer reasonably may deem necessary or appropriate to carry out and fulfill the day -to-day responsibilities and fiduciary duties attendant to such delegated investment authority, subject to the oversight of the appointing treasurer, and participation by each such treasurer in the Investment Committee established by

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5 Chapter 32.90 of the City’s Municipal Code).

In the event that the City Treasurer and the Treasurer of the Component Municipal Entities determine that they are no longer able or willing to cooperate in investing the funds of the City or the Component Municipal Entities, as applicable, on a pooled basis, the City Treasurer and the Treasurer of the Component Municipal Entities promptly shall so advise the City Council for further consideration and possible action consistent with the applicable provisions of the CGC and applicable legal authorities interpreting such provisions.

2. Pursuant to CGC Section 53647, the City Treasurer and the Treasurer of the Component Municipal Entities shall allocate all interest earned on funds of the City or the Component Municipal Entities to the General Fund unless otherwise required by law, including Federal or State regulation or local ordinance.

3. To the extent that an Other Public Agency (as defined in Section II) may from time to time voluntarily deposit its monies with the City of Indio for investment on a pooled basis, as contemplated by Section II of this Investment Policy, such monies shall be deemed to be subject to the investment authority annually delegated by the City Council to the City Treasurer and shall be invested in the same manner as the investment funds of the City pursuant to this Investment Policy.

VI. AUTHORIZED FINANCIAL INSTITUTIONS, DEPOSITORIES, AND BROKER/DEALERS The Finance Director will maintain a list of financial institutions and depositories authorized to provide investment services. In addition, a list will be maintained of approved security broker/dealers selected by conducting a process of due diligen ce described in the Investment Procedures Manual who are authorized to provide investment services in the State of California. These may include "primary" dealers or regional dealers that qualify under Securities and Exchange Commission (SEC) Rule 15C3-1 (uniform net capital rule).

A. Institutions eligible to transact investment business with City include:

1. Primary government dealers as designated by the Federal Reserve Bank;

2. Nationally or state-chartered banks;

3. The Federal Reserve Bank; and,

4. Direct issuers of securities eligible for purchase.

Any financial institutions authorized to conduct purchase and sale investment services shall also meet the requirements of CGC Section 53601.5. The selection of financial institutions authorized to provide investment services for purchase and sale transactions shall be made by the City Treasurer and the Treasurer of the Component Municipal Entities pursuant to Section VI.B. below.

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6 Any financial institutions, other than the State of California Local A gency Investment Fund, authorized to provide services for the custody and safekeeping of investments shall also meet the requirements of CGC Section 53608 or, as to time deposits (non -negotiable certificates of deposit), CGC Section 53635.2 , and Section VI I.C. of this Investment Policy.

Pursuant to CGC Section 53608, the City Council hereby delegates to the City Treasurer and the Treasurer of the Component Municipal Entities, respectively, the authority to deposit securities and other investments of the City and the Component Municipal Entities, as applicable, for custody and safekeeping of securities. Accordingly, subject to the foregoing requirements, the City Treasurer and the Treasurer of the Component Municipal Entities shall determine which financial institutions are eligible to provide custody and safekeeping services for investments.

B. Selection of financial institutions and broker/dealers authorized to engage in transactions with the City shall be at the sole discretion of the City. An annual revie w of the financial condition and registrations of qualified bidders will be conducted by the City Treasurer and the Treasurer of the Component Municipal Entities. A current audited financial statement is required to be on file for each financial instituti on and broker/dealer which handles investment transactions or provides investment custody and safekeeping services for the City.

C. All financial institutions which desire to become qualified bidders for investment transactions (and which are not dealing only with the investment adviser) must supply the City Treasurer and the Treasurer of the Component Municipal Entities with a stateme nt certifying that the institution has reviewed the California Government Code Section 53600 et seq. and the City’s Investment Policy.

D. Selection of broker/dealers used by an external investment adviser retained by the City shall be at the sole discretion of the investment adviser , provided that the selected broker/dealers also meet the requirements of CGC Section 53601.5.

E. Public deposits shall be made only in qualified public depositories as established by State law (CGC Section 53630 et seq. ). Deposits shall be insured by the Federal Deposit Insurance Corporation, or, to the extent the amount exceeds the insured maximum, shall be collateralized in accordance with State law (CGC Section 53630 et seq.).

VII. COMPETITIVE TRANSACTIONS, DELIVERY AND SAFEKEEPING A. Competitive transactions: All investment transactions shall be conducted on a competitive basis with quotes from a minimum of three brokers or financial institutions when possible.

B. Delivery-versus-payment: Settlement of all investment transactions will be completed using standard delivery-vs.-payment procedures.

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7 C. Third-party safekeeping: To protect against potential losses by collapse of individual securities dealers, and to enhance access to securit ies, interest payments and maturity proceeds, all securities owned by the City shall be held in safekeeping by a third-party bank custodian that meets the requirements of CGC Section 53608 and is selected and approved by the City Treasurer and the Treasure r of the Component Municipal Entities , acting as agent for the City, and pursuant to the terms of a written custody agreement executed by the bank and the City.

VIII. AUTHORIZED AND SUITABLE INVESTMENTS
All investments shall be made in accordance with Sections 53600 et seq. of the Government Code of California and as described within this Investment Policy. Where this Investment Policy specifies a percentage limitation for a particular category of invest ment, that percentage is applicable only at the date of purchase. Permitted investments under this policy shall include:

1. U.S. Treasury and other U.S. government obligations for which the full faith and credit of the United States are pledged for the paym ent of principal and interest. There are no limits on the dollar amount or percentage that the City may invest in U.S. Treasuries.

2. Federal Agency or United States government -sponsored enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or United States government -sponsored enterprises. There are no limits on the dollar amount or percentage that the City may invest in government-sponsored enterprises.

3. Banker’s acceptances provided that:

a. They are issued by institutions with short term debt obligations rated ”A -1” or higher, or the equivalent, by at least two one nationally recognized statistical-rating organizations (NRSRO); and have long-term debt obligations which are rated in a rating category of ”A” or higher by at least two one nationally recognized statistical rating organizations;

b. The maturity does not exceed 180 days; and,

c. No more than 40% of the total portfolio may be invested in banker’s acceptances and no more than 5% per issuer.

4. Federally insured time deposits (Non-negotiable certificates of deposit) in state or federally chartered banks, savings and loans, or credit unions, provided that:

a. The amount per institution is limited to the maximum covered under federal insurance; and,

b. No more than 20% of the portfolio will be invested in a combination of federally insured and collateralized time deposits.

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8 c. The maturity of such deposits does not exceed 5 years.

5. Time deposits (Non-negotiable certificates of deposit) in state or federally chartered banks, savings and loans, or credit unions in excess of insured amounts which are fully collateralized with securities in accordance with California law, provided that:

a. The maturity of such deposits does not exceed 5 years.

6. Negotiable certificates of deposit (NCDs) issued by a nationally or state -chartered bank, a savings association or a federal association (as defined in Section 5102 of the California Financial Code), a state or federal credit union, or by a federally licensed or state-licensed branch of a foreign bank, provided that:

a. The maturity does not exceed five years.

b. The amount of the NCD insured up to the FDIC limit does not require any credit ratings. Any amount above the FDIC insured limit must be issued by institutions which have short-term debt obligations rated “A-1” or its equivalent or better by at least one NRSRO; or long-term obligations rated in a rating category of “A” or its equivalent or better by at least one NRSRO.

c. No more than 30% of the total portfolio is invested in NCDs (combined with CDARS).

7. Repurchase agreements collateralized with securities authorized under Sections VIII (1 and 2) of this policy, maintained at a level of at least 102% of the market value of the repurchase agreements, provided that:

a. The maximum maturity of repurchase agreements shall be 1 year;

b. There is no limit to the amount to be invested in repurchase agreements;

c. Securities used as collateral for repurchase agreements shall be delivered to the City’s custodian bank; and,

d. The repurchase agreements are the subject of a master repurchase agreement between the City and the provider of the repurchase agreement. The master repurchase agreement shall be substantially in the form developed by the Securities Industry and Financial Markets Association (SIFMA).

8. Commercial paper provided that:

a. The maturity does not exceed 270 days from the date of purchase;

b. The issuer is a corporation organized and operating in the United States with assets in excess of $500 million;

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9 c. They are issued by institutions whose short term obligations are rated ”A -1” or higher, or the equivalent, by at least two one nationally recognized statistical rating organization; and whose long -term obligations in a rating category of are rated ”A” or higher by at least two nationally recognized statistical rating organizations; and,

d. No more than 25% of the portfolio is invested in commercial paper and no more than 5% per issuer. Under a provision sunsetting on January 1, 2026, no more than 40% of the portfolio may be invested in Commercial Paper if the Agency’s investment assets under management are greater than $100,000,000.

9. State of California Local Agency Investment Fund (LAIF), provided that:

a. City may invest up to the maximum permitted amount in LAIF; and,

b. LAIF’s investments in instruments prohibited by or not specified in City’s policy do not exclude it from City’s list of allowable investments, provided that the fund’s reports allow the City Treasurer and the Treasurer of the Component Municipal Entities to adequately judge the risk inherent in LAIF’s portfolio.

10. Corporate medium term notes (MTNs), provided that:

a. Such notes have a maximum maturity of five years;

b. Are issued by corporations organized and operating within the United States or by depository institutions licensed by the United States or any state and operating within the United States;

c. Shall be rated ”A” category or better by at least two one nationally recognized statistical rating organizations; and,

d. Holdings of medium-term notes may not exceed 30% of the portfolio and no more than 5% per issuer.

11. Mortgage pass -through, mortgage backed, collateralized mortgage obligations and asset-backed securities, provided that:

a. Such securities shall have a maximum stated final maturity of five years;

b. Shall be rated in a rating category of “AA” or its equivalent or better by at least one nationally recognized statistical rating organizations.

c. Purchase of securities authorized by this subdivision may not exceed 20% of the portfolio.

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10 d. No more than 5% of the portfolio may be invested in any single asset -backed or commercial mortgage security issuer. As provided in Sections VIII.1 and 2 above, there is no issuer limitation on any mortgage security where the issuer is the US Treasury, a Federal agency, or a United States government-sponsored enterprise.

12. Money market mutual funds that are registered with the Securities and Exchange Commission under the Investment Company Act of 1940 and are purchased without commission:

a. Provided that such funds meet either of the following criteria:

1. Attained the highest ranking or the highest letter and numerical rating provided by not less than two nationally recognized statistical rating organizations; or,

2. Have retained an investment adviser registered or exempt from registration with the Se curities and Exchange Commission with not less than five years’ experience managing money market mutual funds and with assets under management in excess of $500 million.

b. Purchase of securities authorized by this subdivision may not exceed 20% of the portfolio.

13. Municipal investments include obligations of the City, the State of California, any of the other 49 states, and any local Agency within the State of California, provided that:

a. Such investments are specifically approved by City Council.

b. The securities are rated in a rating category of “A” or its equivalent or better by at least one nationally recognized statistical rating organization (“NRSRO”).

c. No more than 10% of the portfolio is invested in municipal investments and no more than 5% per issuer.

14. Supranational Securities, provided that;
a. Issues are US dollar denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Development, International Finance Corporation, or Inter -American Development Bank.
b. The securities are rated in a rating category of “AA” or its equivalent or better by a NRSRO.
c. No more than 30% of the total portfolio may be invested in these securities. d. No more than 10% of the portfolio may be invested in any single issuer. e. The maximum maturity does not exceed five (5) years.

IX. PORTFOLIO RISK MANAGEMENT
A. Prohibited investment vehicles and practices:

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11 1. State law notwithstanding, any investments not specifically described herein are prohibited, including, but not limited to futures and options.

2. In accordance with Government Code Section 53601.6, investment in inverse floaters, range notes, or mortgage derived interest-only strips is prohibited.

3. Investment in any security that could result in a zero interest accrual if held to maturity is prohibited. Under a provision sunsetting on January 1, 2026, securities backed by the U.S. Government that could result in a zero - or negative -interest accrual if held to maturity are permitted.

4. Trading securities for the sole purpose of speculating on the future direction of interest rates is prohibited.

5. Purchasing or selling securities on margin is prohibited.

6. The use of reverse repurchase agreements, securities lending or any other form of borrowing or leverage is prohibited.

7. The purchase of foreign currency denominated securities is prohibited.

8. Securities with forward settlement date exceeding 45 days from the time of the investment is prohibited.

B. Mitigating credit risk in the portfolio

Credit risk is the risk that a security or a portfolio will lose some or all of its value due to a real or perceived ch ange in the ability of the issuer to repay its debt. The City shall mitigate credit risk by adopting the following strategies:

1. The diversification requirements included in Section VIII are designed to mitigate credit risk in the portfolio;

2. No more than 5% of the total portfolio may be invested in securities of any single issuer, other than the US Government, its agencies and inst rumentalities, Supranational securities and money market mutual funds;

3. The City may elect to sell a security prior to its maturity and record a capital gain or loss in order to improve the quality, liquidity or yield of the portfolio in response to market conditions or City’s risk preferences; and,

4. If securities owned by the City are downgraded to a level below the quality required by this Investment Policy, it shall be the City’s policy to review the credit situation and make a determination as to whether to sell or retain such securities in the portfolio.

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12 a. If a security is downgraded, the Finance Director will use discretion in determining whether to sell or hold the security based on its current maturity, the economic outlook for the issuer, and other relevant factors.

b. If a decision is made to retain a downgraded security in the portfolio, its presence in the portfolio will be monitored and reported quarterly to the City Council.

C. Mitigating market risk in the portfolio

Market risk is the risk that the portfolio value will fluctuate due to changes in the general level of interest rates. The City recognizes that, over time, longer-term portfolios have the potential to achieve higher returns. On the other hand, longer-term portfolios have higher volatility of return. The City shall mitigate market risk by providing adequate liquidity for short-term cash needs, and by making longer-term investments only with funds that are not needed for current cashflow purposes. The City adopts the following strategies to control and mitigate its exposure to market risk:

1. The City shall maintain a minimum of three six months of budgeted operating expenditures in short term investments to provide sufficient liquidity for expected disbursements;

2. The maximum percent of callable securities in the portfolio shall be 15%;

3. The maximum stated final maturity of individual securities in the portfolio shall be five years, except as otherwise stated in this policy or in the case of bond reserves and/or capitalized interest accounts held by third-party trustee; and,

The duration of the portfolio shall at all times be approximately equal to the duration (plus or minus 10%) of the Market Benchmark Index selected by the City (B of A Merrill Lynch Index of 1 -5 year Treasury Securities) based on the City’s investment objectives, constraints and risk tolerances.

D. Collateralization

Public deposits shall be made only in qualified public depositories as established by State law (CGC Section 53630 et seq. ). Deposits shall be insured by the Federal Deposit Insurance Corporation, or, to the extent the amount exceeds the insured maximum, shall be collateralized in accordance with State law (CGC Section 53630 et seq. ). See also Sections VI.E, VIII.5, and XI.A of this Investment Policy.

E. Procedures for selection & monitoring of pooled investments

1. To the extent the City has funds invested in the State of California Local Agency Investment Fund (LAIF) pursuant to Section VIII.9, or money market mutual funds pursuant to Section VIII.12, the City Treasurer and the Treasurer of the Component Municipal Entities shall assure that the City receives periodic investment reports.

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13 2. Pursuant to CGC Section 16429.1 and CGC Section 53601(l)(2) and (4), respectively, investment by the City in LAIF or money market mutual funds does not require an analysis of the underlying securities held by these particular investment pools.

However, the applicable fund’s reports should allow the City Treasurer and the Treasurer of the Component Municipal Entities to adequately judge, from time to time, the risk inherent in LAIF’s portfolio or the money market mutual fund portfolio.

3. Changes in amount, timing, and manner of payment of fees, or size or frequency of deposits or withdrawals, as well as performance history shall be duly noted as part of the ongoing monitoring of po oled investments, including investments in LAIF and money market mutual funds.

4. Prior to amendment or modification of this Investment Policy to authorize investment in any other government sponsored investment pool or any mutual funds that are not money market mutual funds, there shall be a thorough evaluation of the proposed pooled investment, which shall include review of the following information:

(a) a written statement of investment policy and objectives, including a description of eligible investment securities;
(b) a description of interest calculations and how it is distributed, and how gains and losses are treated.
(c) a description of how the securities are safeguarded (including the settlement processes), and how often the securities are priced and the program audited. (d) a description of who may invest in the pool/fund, and frequency and size of deposits and withdrawals;
(e) a schedule for receiving statements and portfolio holdings reports; (f) a fee schedule, including amount, timing, and manner of fee payment; (g) performance history;
(h) a description of how the pool/fund utilizes reserves, retained earnings, etc.

X. INVESTMENT OBJECTIVES
A. Overall objective: The investment portfolio shall be designed with the overall objective of obtaining a total rate of return, throughout economic cycles, commensurate with investment risk constraints and cash flow needs.

B. Specific objective: The investment performance objective for the portfolio shall be to earn a total rate of return over a market cycle which is approximately equal to the return on the ICE B of A Merrill Lynch Index of 1-5 Year Treasury securities.

XI. PROCEDURES AND INTERNAL CONTROLS; REVIEW OF INVESTMENT PORTFOLIO A. Procedures
The City Treasurer and the Treasurer of the Component Municipal Entities shall establish written investment policy procedures in an Investment Procedures Manual to assist investment staff with day-to-day operations of the investment program consistent with this policy. Such procedures shall include explicit designation of persons responsible for

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14 carrying out investment transactions under the direction and supervision of the City Treasurer and the Treasurer of the Component Municipal Entities. No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the City Treasurer and the Treasurer of the Component Municipal Entities. The procedures should include reference to:

1. Review of daily cash balances;

2. Process for selecting investments;

3. Steps for purchasing an investment;

4. Settlement and safekeeping process;

5. Wire transfer agreements;

6. Collateral/depository agreements.

B. Internal Controls
The City Treasurer and the Treasurer of the Component Municipal Entities are responsible for establishing and maintaining an internal control structure designed to ensure that the assets of the City and the Component Municipal Entities, respectively, are protected from loss, theft or misuse. The internal control structure shall be designed to provide reasonable assurance that these objectives are met.

C. Review of Investment Portfolio
The securities and other investments held by the City must be in compliance with Section VIII (Authorized and Suitable Investments) at the time of purchase. The City Treasurer and the Treasurer of the Component Municipal Entities, and any external investment manager engaged to assist in the management of the City’s investment portfolio pursuant to Section V.B. of this Investment Policy, shall review the portfolios quarterly to identify any securities or other investments that are no longer in compliance and advise the Finance Director of any noncompliance in a timely fashion. Any major and critical incidences of noncompliance identified by the City Treasurer, the Treasurer of the Component Municipal Entities, or any such external investment manager shall be reported by the Finance Director in the quarterly investment reports submitted by the Finance Director to the City Council pursuant to Section XII.A. of this Investment Policy.

The following segregation of responsibilities will form the basic system of internal controls for investments.

The table attached shows the different levels of approval and oversight responsibility.

FUNCTION RESPONSIBILITY
Develop formal Investment Policy Finance Director, City Treasurer, and Treasurer of the Component
Municipal Entities
Recommend modifications to Investment Policy Investment Committee Review Investment Policy and recommend to City Council/Agency Board Investment Committee Adopt Investment Policy City Council

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15 FUNCTION RESPONSIBILITY
Select Investments City Treasure r/Treasurer of the
Component Municipal
Entities/Advisor
Approve Transactions City Treasurer and Treasurer of
the Component Municipal
Entities
Execute investment transactions. Finance Manager
Investment Verification (match broker confirmation to City investment records)
Accountant
Record investment transactions into accounting records Finance Manager Reconcile City investment records to accounting records and bank statements Accountant Security Time CD’s or receipt will be
maintained in the City vault in the
care of the City Treasurer and the
Treasurer of the Component
Municipal Entities. All other
securities will be held third-party
safekeeping.

Review of portfolio to determine conformance to Investment Policy Independent Auditors

XII. REPORTING, DISCLOSURE AND PROGRAM EVALUATION
A. Monthly reports
So long as the City Council’s annual delegation of investment authority pursuant to CGC Section 53607 to the City Treasurer and the Treasurer of the Component Municipal Entities is effective, the City Treasurer and the Treasurer of the Component Municipal Entities shall make a monthly report of all investment transactions of the applicable local agency’s funds to the City Council.

B. Quarterly reports
Quarterly investment reports shall be submitted by the Finance Director and/or the City Treasurer and the Treasurer of the Component Municipal Entities to the City Council within 45 days after the end of the quarter. These reports shall disclose, at a minimum, the following information about the risk characteristics of the City’s portfolio:

1. An asset listing showing par value, cost and accurate and complete market value of each security, type of investment, issuer, maturity date, and interest rate;

2. A one-page summary report which shows:

a. Average maturity of the portfolio and modified duration of the portfolio; b. Maturity distribution of the portfolio;
c. Average portfolio credit quality; and,
d. Time-weighted total rate of return for the portfolio for the prior one month, three months, twelve mont hs, year to date, and since inception compared to the Benchmark Index returns for the same periods;

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16 3. A statement of compliance with this Investment Policy, including a schedule of any transactions or holdings which do not comply with this policy or wi th the California Government Code, including a justification for their presence in the portfolio and a timetable for resolution; and,

4. A statement that the City has adequate funds to meet its cash flow requirements for the next six months (or an expla nation of why sufficient money will or may not be available).

C. Annual reports
A comprehensive annual report shall be presented in conjunction with the Investment Policy review within 120 days of the end of the fiscal year . This report shall include comparisons of the investment portfolio’s actual return to the Benchmark Index return, suggest policies and procedural improvements that might enhance the investment program, and include an investment plan for the coming year.

D. Annual audit
The Finance Director shall establish an annual process of independent review by an external independent auditor to assure compliance with standard internal controls. Such audit will include tests deemed appropriate by the auditor.

E. Special audits
The City Council may at any time order an audit of the investment portfolio and/or the investment practices of the City Treasurer or the Treasurer of the Component Municipal Entities.

XIII. INVESTMENT COMMITTEE
The investment committee is established by Section 32.90 of the City’s Municipal Code to serve in an advisory capacity. Per the Municipal Code, the investment committee will be composed of two members of the City Council, the City Treasurer, th e Treasurer of the Component Municipal Entities, and the Finance Director of the City. The investment committee is responsible for reviewing the City’s Investment Policy at least annually to ensure its consistency with the overall objectives of preservation of principal, liquidity and return, and its relevance to current law and financial and economic trends; and recommending to the City Council any modifications to the policy it deems necessary. Individual investment trades and purchases shall be done by the City Treasurer and the Treasurer of the Component Municipal Entities within the approved policy and guidelines. The investment committee will review quarterly reports as outlined in Section XII.B of this policy.

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17 GLOSSARY OF INVESTMENT TERMS

Agencies. Shorthand market terminology for any obligation issued by a government -sponsored entity (GSE), or a federally related institution. Most obligations of GSEs are not guaranteed by the full faith and credit of the US government. Examples are:

FDIC. The Federal Deposit Insurance Corporation provides insurance backed by the full faith and credit of the US government to certain bank deposits and debt obligations.

FFCB. The Federal Farm Credit Bank System provides credit and liquidity in the agricultural industry. FFCB issues discount notes and bonds.

FHLB. The Federal Home Loan Bank provides credit and liquidity in the housing market.

FHLB issues discount notes and bonds.

FHLMC. Like FHLB, the Federal Home Loan Mortgage Corporation pr ovides credit and liquidity in the housing market. FHLMC, also called “FreddieMac” issues discount notes, bonds and mortgage pass-through securities.

FNMA. Like FHLB and FreddieMac, the Federal National Mortgage Association was established to provide c redit and liquidity in the housing market. FNMA, also known as “FannieMae,” issues discount notes, bonds and mortgage pass-through securities.

GNMA. The Government National Mortgage Association, known as “GinnieMae,” issues mortgage pass-through securities, which are guaranteed by the full faith and credit of the US Government.

PEFCO. The Private Export Funding Corporation assists exporters. Obligations of PEFCO are not guaranteed by the full faith and credit of the US government.

TVA. The Ten nessee Valley Authority provides flood control and power and promotes development in portions of the Tennessee, Ohio and Mississippi River valleys. TVA currently issues discount notes and bonds.

Asked. The price at which a seller offers to sell a security.

Average life. In mortgage-related investments, including CMOs, the average time to expected receipt of principal payments, weighted by the amount of principal expected.

Banker’s acceptance. A money market instrument created to facilitate inter national trade transactions. It is highly liquid and safe because the risk of the trade transaction is transferred to the bank which “accepts” the obligation to pay the investor.

Benchmark. A comparison security or portfolio. A performance benchmark is a partial market index, which reflects the mix of securities allowed under a specific investment policy.

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18 Bid. The price at which a buyer offers to buy a security.

Broker. A broker brings buyers and sellers together for a transaction for which the broker receives a commission. A broker does not sell securities from his own position.

Certificate of Deposit (CD). A time deposit with a specific maturity evidenced by a cer tificate.

Large denomination CDs may be marketable.

Certificate Of Deposit Account Registry S ystem (CDARS). A private placement service that allows local agencies to purchase more than $250,000 in CDs from a single financial institution (must be a participating institution of CDARS) while still maintaining FDIC insurance coverage.

CDARS is currently the only entity providing this service. CDARS facilitates the trading of deposits between the California institution and other participating institutions in amounts that are less than $250,000 each, so that FDIC coverage is maintained.

Collateral. Securities or cash pledged by a borrower to secure repayment of a loan or repurchase agreement. Also, securities pledged by a financial institution to secure deposits of public monies.

Collateralized Mortgage Obligations (CMO). Classes of bonds that redistribute the cash flows of mortgage securities (and whole loans) to create securities that have different levels of prepayment risk, as compared to the underlying mortgage securities.

Commercial paper. The short-term unsecured debt of corporations.

Cost yield. The annual income from an investment divided by the purchase cost. Because it does not give effect to premiums and discounts which may have bee n included in the purchase cost, it is an incomplete measure of return.

Coupon. The rate of return at which interest is paid on a bond.

Credit risk. The risk that principal and/or interest on an investment will not be paid in a timely manner due to changes in the condition of the issuer.

Current yield. The annual income from an investment divided by the current market value. Since the mathematical calculation relies on the current market value rather than the investor’s cost, current yield is unrelated to the actual return the investor will earn if the security is held to maturity.

Dealer. A dealer acts as a principal in security transactions, selling securities from and buying securities for his own position.

Debenture. A bond secured only by the general credit of the issuer.

Delivery vs. payment (DVP). A securities industry procedure whereby payment for a security must be made at the time the security is delivered to the purchaser’s agent.

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19 Derivative. Any security that has prin cipal and/or interest payments which are subject to uncertainty (but not for reasons of default or credit risk) as to timing and/or amount, or any security which represents a component of another security which has been separated from other components (“St ripped” coupons and principal). A derivative is also defined as a financial instrument the value of which is totally or partially derived from the value of another instrument, interest rate or index.

Discount. The difference between the par value of a bond and the cost of the bond, when the cost is below par. Some short-term securities, such as T-bills and banker’s acceptances, are known as discount securities. They sell at a discount from par, and return th e par value to the investor at maturity without additional interest. Other securities, which have fixed coupons, trade at a discount when the coupon rate is lower than the current market rate for securities of that maturity and/or quality.

Diversification. Dividing investment funds among a variety of investments to avoid excessive exposure to any one source of risk.

Duration. The weighted average time to maturity of a bond where the weights are the present values of the future cash flows. Duration measures the price sensitivity of a bond to changes in interest rates. (See modified duration).

Federal funds rate. The rate of interest charged by banks for short -term loans to other banks.

The Federal Reserve Bank through open-market operations establishes it.

Federal Open Market Committee: A committee of the Federal Reserve Board that establishes monetary policy and executes it through temporary and permanent changes to the supply of bank reserves.

Haircut: The margin or difference between the actual market value of a security and the value assessed by the lending side of a transaction (i.e. a repo).

Leverage. Borrowing funds in order to invest in securities that have the potential to pay earnings at a rate higher than the cost of borrowing.

Liquidity: The speed and ease with which an asset can be converted to cash.

Margin: The difference between the market value of a security and the loan a broker makes using that security as collateral.

Market risk. The risk that the value of securities will fluctuate with changes in overall market conditions or interest rates.

Market value. The price at which a security can be traded.

Marking to market. The process of posting current market values for securities in a portfolio.