Agenda packet — Lake Elsinore City Council, March 12, 2024 (part 3 of 3)

REPORT TO SUCCESSOR AGENCY
To: Honorable Chair and Members of the Successor Agency From: Jason Simpson, Executive Director
Prepared by: Candice Alvarez, MMC, Secretary
Date: March 12, 2024
Subject: Minutes of the Regular Successor Agency Meeting of February 27, 2024 Recommendation
Approve the Minutes.

Attachments
Attachment 1- Draft Minutes
City of Lake Elsinore
City Council Meeting
Minutes – Draft
Steve Manos, Mayor
Brian Tisdale, Mayor Pro Tem
Timothy J. Sheridan, Council Member
Natasha Johnson, Council Member
Robert E. Magee, Council Member
Jason Simpson, City Manager
Meeting Date:

February 27, 2024
Closed Session: 5:00 PM
Public Session: 7:00 PM
Cultural Center
183 N. Main Street
Lake Elsinore, CA 92530

CALL TO ORDER
The Regular Meeting of the City Council was called to order at 5:00 p.m.

ROLL CALL

Present: 5 - Council Members Johnson, Magee, and Sheridan; Mayor Pro Tem Tisdale; and Mayor Manos

Absent: 0 - None

PUBLIC COMMENTS FOR CLOSED SESSION ITEMS

CLOSED SESSION
A. PUBLIC EMPLOYEE PERFORMANCE EVALUATION
(Gov’t Code Section 54957(b)): CITY MANAGER
B. CONFERENCE WITH LEGAL COUNSEL--ANTICIPATED LITIGATION Significant exposure to litigation pursuant to paragraph (2) of subdivision (d) of Gov’t Code Section 54956.9: 1 potential case
C. CONFERENCE WITH REAL PROPERTY NEGOTIATOR
(Gov’t Code Section 54956.8)
Property: APNs: 371-100-004, 373-210-045, -032, -018
Agency negotiator: City Manager Simpson
Negotiating parties: City of Lake Elsinore and Western Riverside County Regional Conservation Authority
Under negotiation: Price and terms of payment
City Council Minutes - Draft February 27, 2024
City of Lake Elsinore Page 2

RECONVENE/CALL TO ORDER
The Regular Meeting of the City Council reconvened and the Regular Meeting of the Successor Agency was called to order at 7:00 p.m.

PLEDGE OF ALLEGIANCE
Mayor Manos led the Pledge of Allegiance.

ROLL CALL

Present: 5 - Council/Agency Members Johnson, Magee, and Sheridan; Mayor Pro Tem/Vice Chair Tisdale; and Mayor/Chair Manos

Absent: 0 - None

CLOSED SESSION REPORT
City Attorney Leibold reported that all three items were discussed; however, no reportable action was taken.

PRESENTATIONS/CEREMONIALS
1) Reality Rally
Gillian Larson announced the end of Reality Rally and thanked the City Council and staff for their support and enthusiasm..
2) Riverside County Arts & Culture Month
Present a Proclamation proclaiming the month of March 2024 as “Riverside County Arts & Culture Month” in the City of Lake Elsinore.

Mayor Manos presented the Proclamation to Rebeckah Ross, Principal Development Specialist for the Riverside County Office of Economic Development.

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - 1 MINUTE
Ace Vallejos was called to speak.

CITY COUNCIL CONSENT CALENDAR
A motion was made by Council Member Johnson, seconded by Mayor Pro Tem Tisdale to approve the City Council Consent Calendar with Item Nos. 9 and 10 being removed for discussion. The motion carried by the following vote:

Aye: 5 Council Members Johnson, Magee, and Sheridan; Mayor Pro Tem Tisdale; and Mayor Manos
Nay: 0 None
City Council Minutes - Draft February 27, 2024
City of Lake Elsinore Page 3
3) Minutes of the Regular City Council Meeting of February 13, 2024 Approve the Minutes.

This item was approved on the City Council Consent Calendar. 4) CC Warrant Report Dated January 12, 2024 to February 01, 2024 Receive and File.

This item was approved on the City Council Consent Calendar. 5) CC Investment Report for November 2023
Receive and file the Investment Report for November 2023.

This item was approved on the City Council Consent Calendar. 6) CC Investment Report for December 2023
Receive and file the Investment Report for December 2023.

This item was approved on the City Council Consent Calendar. 7) Second Reading of an Ordinance Amending Lake Elsinore Municipal Code Section 2.42.070 Regarding Failure to Fill a Vacancy of the City Treasurer Seat Adopt by title only and waive further reading of AN ORDINANCE OF THE CITY

COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, AMENDING LAKE ELSINORE MUNICIPAL CODE SECTION 2.42.070 REGARDING FAILURE TO FILL A VACANCY OF THE CITY TREASURER SEAT.

This item was approved on the City Council Consent Calendar. 8) Amendment No. 1 to the Agreement With Area 63 Productions, LLC. for On-call Training and RV Repair Services.

Approve and authorize the City Manager to execute Amendment No. 1 to the agreement with Area 63 Productions, LLC. to increase compensation from $80,000 to an amount not to exceed $125,000 for On-Call Training and RV Repair Services in such final form as approved by the City Attorney and authorize the City Manager to execute change orders not exceeding a 10% contingency of $12,500 for uncertainties.

This item was approved on the City Council Consent Calendar. 9) Compensation for Members of the City Council
Introduce by title only and waive further reading of AN ORDINANCE OF THE CITY

COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, AMENDING LAKE ELSINORE MUNICIPAL CODE (LEMC) SECTION 2.08.020 FOR THE PURPOSE OF INCREASING CITY COUNCIL COMPENSATION TO $1,600 PER MONTH.

This item was removed from the City Council Consent Calendar for discussion.

City Council Minutes - Draft February 27, 2024
City of Lake Elsinore Page 4
10) Notice of Decision – Planning Commission Denial of Planning Application No. 2022-02 (Ambassador Discipleship Center) to remodel an existing 14,565 sq. ft. four-story building with a 2,087 sq. ft. addition (16,652 sq. ft. total) and a 3,906 sq. ft. storage building and to establish and operate a congregate living and educational facility located at 164 and 184 South Main Street On February 20, 2024, a timely appeal of the decision of the Planning Commission to deny Planning Application No. 2022-02 was filed with the City. In accordance with Sections 17.410.090.A and B of the Lake Elsinore Municipal Code (LEMC), this report is submitted for informational purposes only. There is no action requested from the City Council as a timely appeal was filed for this application.

This item was removed from the City Council Consent Calendar for discussion. 11) Bunny Trunk Hop Road Closure
Approve the road closure for the Bunny Trunk Hop event on Saturday, March 30, 2024.

This item was approved on the City Council Consent Calendar. 12) Agreement with ESi Acquisition, Inc. for a WebEOC Subscription Approve and authorize the City Manager to execute an agreement with ESi Acquisition, Inc. for a WebEOC subscription in an amount not to exceed $186,861.43 and in such final form as approved by the City Attorney, and authorize the City Manager to execute change orders not to exceed a 10% contingency amount of $18,686.14 for unanticipated costs.

This item was approved on the City Council Consent Calendar. 13) Notice of Completion on Via De La Valle Landscape Improvement (CIP Project #Z10009)
Accept the improvements to the Via De La Valle Landscape Improvement Project (#Z10009) completed by Jon Gilmer Construction and authorize the City Clerk to record the Notice of Completion.

This item was approved on the City Council Consent Calendar. 14) Amendment No. 1 to the Contractor Services Agreement with M & M Air Conditioning, Inc. for On-call Services
Approve and authorize the City Manager to execute Amendment No. 1 to the Contractor Services Agreement with M & M Refrigeration, Air Conditioning & Heating for Citywide Facilities Repairs and Services in an amount not to exceed $20,000.00 in such final form as approved by the City Attorney.

This item was approved on the City Council Consent Calendar.

City Council Minutes - Draft February 27, 2024
City of Lake Elsinore Page 5

ITEMS REMOVED FROM THE CITY COUNCIL CONSENT CALENDAR FOR DISCUSSION 9) Compensation for Members of the City Council
Introduce by title only and waive further reading of AN ORDINANCE OF THE CITY

COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, AMENDING LAKE ELSINORE MUNICIPAL CODE (LEMC) SECTION 2.08.020 FOR THE PURPOSE OF INCREASING CITY COUNCIL COMPENSATION TO $1,600 PER MONTH.

Ace Vallejos was called to speak.

Kim Cousins was called to speak.

A motion was made by Mayor Pro Tem Tisdale, seconded by Council Member Sheridan to introduce by title only and waive further reading of the Ordinance.

The motion carried by the following vote:

Aye: 5 Council Members Johnson, Magee, and Sheridan; Mayor Pro Tem Tisdale; and Mayor Manos
Nay: 0 None
10) Notice of Decision – Planning Commission Denial of Planning Application No. 2022-02 (Ambassador Discipleship Center) to remodel an existing 14,565 sq. ft. four-story building with a 2,087 sq. ft. addition (16,652 sq. ft. total) and a 3,906 sq. ft. storage building and to establish and operate a congregate living and educational facility located at 164 and 184 South Main Street On February 20, 2024, a timely appeal of the decision of the Planning Commission to deny Planning Application No. 2022-02 was filed with the City. In accordance with Sections 17.410.090.A and B of the Lake Elsinore Municipal Code (LEMC), this report is submitted for informational purposes only. There is no action requested from the City Council as a timely appeal was filed for this application.

Assistant Community Development Director Abraham presented the staff report.

Ace Vallejos was called to speak.

Kim Cousins was called to speak.

Brett Masters was called to speak.

No action was taken on this item.

SUCCESSOR AGENCY CONSENT CALENDAR
A motion was made by Agency Member Sheridan, seconded by Agency Member Johnson to approve the Successor Agency Consent Calendar. The motion carried by the following vote:

Aye: 5 Agency Members Johnson, Magee, and Sheridan; Vice Chair Tisdale; and Chair Manos
Nay: 0 None
City Council Minutes - Draft February 27, 2024
City of Lake Elsinore Page 6
15) Minutes of the Regular Successor Agency Meeting of February 13, 2024 Approve the Minutes.

This item was approved on the Successor Agency Consent Calendar. 16) SA Warrant Report Dated January 12, 2024 to February 01, 2024 Receive and File.

This item was approved on the Successor Agency Consent Calendar. 17) SA Investment Report for November 2023
Receive and file the Investment Report for November 2023.

This item was approved on the Successor Agency Consent Calendar. 18) SA Investment Report for December 2023
Receive and file the Investment Report for December 2023.

This item was approved on the Successor Agency Consent Calendar.

BUSINESS ITEM
19) Local Road Safety Plan
Approve and adopt the Local Roadway Safety Plan.

City Engineer Habib presented the staff report and introduced Diwu Zhou, PE RSP, of Fehr & Peers who provided additional information.

Kim Cousins was called to speak.

A motion was made by Council Member Sheridan, seconded by Council Member Johnson to approve and adopt the Plan. The motion carried by the following vote:

Aye: 5 Mayor Pro Tem Tisdale, Council Member Sheridan, Council Member Magee, Mayor Manos, Council Member Johnson
Nay: 0 None

PUBLIC COMMENTS - NON-AGENDIZED ITEMS - THREE MINUTES
There were no speakers.

CITY ATTORNEY COMMENTS
City Attorney Leibold had no comments.

CITY MANAGER'S COMMENTS
City Manager Simpson had no comments.

City Council Minutes - Draft February 27, 2024
City of Lake Elsinore Page 7

CITY COUNCIL COMMENTS/REPORTS ON MEETINGS ATTENDED
Council Member Johnson provided an update on the lake levels and test results; announced the Bunny Trunk Hop event which will be held on March 30, 2024 from 10:00 a.m. to 1:00 p.m. on Downtown Main Street; and shared Eric S.’s homeless success story.

Council Member Magee reported on his attendance at the Riverside County Transportation Commission Budget Committee meeting on February 26, 2024; invited residents to watch or participate in the SCCA Los Angeles Chapter (Cal Club) races on March 3, 2024 at the Lake Elsinore Diamond Stadium; and invited the community to attend the Spring CHACS 300 ft. Sand Drags event March 15-17, 2024 at the Lake Elsinore Motorsports Park.

Council Member Sheridan reported on his attendance at the Riverside Transit Agency Executive Committee and Board of Directors meetings on February 22, 2024; shared a video promoting the Live Under the Stars event to be held on March 9, 2024 from 6:00 p.m. – 9:00 p.m. on Downtown Main Street; announced the Lake Elsinore Historical Society’s speaker series event which will be held on March 14, 2024 at 7:00 p.m. in the Cultural Center; invited teen girls to attend the Dresses & Dreams Project’s Operation Prom Girl event on April 13, 2024 from 9:30 a.m. – 3:00 p.m. at the Calvary Chapel Temecula; announced that Lake Elsinore Storm’s opening day is April 5, 2024 at 6:45 p.m. and shared that half season tickets are available for purchase; shared information regarding the Storm Kidz Club; and announced that he will be speaking to Ortega High School Juniors and Seniors on March 11, 2024 from 9:00 a.m. to 11:30 a.m.

Mayor Pro Tem Tisdale reminded residents to dump rainwater collected due to the current storms; encouraged community members to report issues using the Alert LE app; and thanked Public Works employees, Firefighters, and Sheriff’s Officers for keeping the community safe.

Mayor Manos shared additional information regarding Riverside County Arts & Culture Month; and reported on the City Council’s discussion regarding the General Plan Update at its February 22, 2024 Special Meeting.

ADJOURNMENT
The Lake Elsinore City Council adjourned at 8:07 p.m. to the next Regular meeting of Tuesday, March 12, 2024 in the Cultural Center located at 183 N. Main Street. Closed Session will commence at 5:00 p.m. or such later time as noticed on the Agenda, and the regular Open Session business meeting will commence at 7:00 p.m.

15) SA Investment Report for January 2024
Receive and file the Investment Report for January 2024.

Page 1 of 1 ends

REPORT TO SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY

OF LAKE ELSINORE
To: Honorable Agency Chairman and Members of the Successor Agency From: Jason Simpson, Executive Director
Prepared by: Shannon Buckley, Assistant Executive Director Date: March 12, 2024
Subject: SA Investment Report for January 2024
Recommendation
Receive and file the Investment Report for January 2024.

Discussion
The Investment Report is a listing of all funds invested for the City of Lake Elsinore and includes funds held for the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore as of the date shown on the report.

Fiscal Impact
No fiscal impact.

Attachments
Attachment 1- Investment Report for January 2024

CITY OF LAKE ELSINORE

INVESTMENT REPORT

C I T Y O F L A K E E L S I N O R E

INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS
AS OF JANUARY 31, 2024

BANK DEPOSITS

IN TRANSIT

OUTSTANDING

PAYMENTS
BOOK

CASH ACCOUNTS
Bank Accounts:

BALANCE BALANCE
General Checking Account $ 21,657,608 $ 534,410 $ (2,882) $ 22,189,136 Cash On Hand:

Cashier Drawers #1 & #2
City of Lake Elsinore Petty Cash Fund
-
-
-
-
-
-
300
2,000
Total Cash Accounts 21,657,608 534,410 (2,882) 22,191,436 50,976,822

INVESTMENTS
Local Agency Investment Funds 50,976,822 - -
CAMP Investments:

CAMP Pool Account 191,349
22,477,966
634,530
1,536,023
6,983,775
2,266,362
11,943,094
900,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
191,349
22,477,966
634,530
1,536,023
6,983,775
2,266,362
11,943,094
900,000
U.S. Treasury Bond / Note
Supra-National Agency Bond / Note
Municipal Bond / Note
Federal Agency Commercial Mortgage-Backed Security
Federal Agency Bond / Note
Corporate Note
Certificate of Deposit
Asset-Backed Security 5,349,105 5,349,105
Sub-total Investments 103,259,025 - - 103,259,025
Market Value Adjustment:

Unrealized Gain/(Loss) at 09/30/2023 (584,093) - - (584,093) Total Investments 102,674,932
124,332,540
- - 102,674,932
Total Pooled Cash and Investments $ $ 534,410 $ (2,882) $ 124,866,368 TOTAL POOLED CASH AND INVESTMENTS $ 124,866,368
I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved by the City Council on June 28, 2022. A copy of this policy is available in the office of the City Clerk. The pooled investments shown above provide sufficient cash flow liquidity to meet the next six months estimated expenditures.

Jason P. Simpson
City Manager
February 20, 2024
Date

C I T Y O F L A K E E L S I N O R E

POOLED CASH AND INVESTMENTS BY FUND
AS OF JANUARY 31, 2024

FUND NO FUND NAME AMOUNT
100
102
106
107
108
109
110
112
114
116
117
118
119
121
135
140
180
202
203
205
211
221
231
232
300
305
310
320
331
332
334
335
336
337
338
339
340
345
346
347
350
351
354
355
357
General $ 16,257,636
17,317,285
777,624
256,871
5,788,473
978,729
404,323
839,261
63,209
Measure Z
Affordable Housing In Lieu
Developer Agreement Revenue
American Rescue Plan
Road Maintenance and Rehabilitation (SB1)
State Gas Tax
Measure A
SB1186 CASP Education Program
City Hall-Public Works DIF 79,364
Community Center DIF 270,206
424,641
66,224
Lake Side Facility DIF
Animal Shelter DIF
T.R.I.P.-2014A 520
Lighting & Landscape Maintenance - Dist. No. 1
Geothermal
1,391,357
12,119
Launch Pointe 489,110
La Strada RBBD 24,716
E.L.S.P. - S.T.I.F. 3,485,332
445,786
3,225,088
194,385
1,404,320
761,190
952,342
2,456,334
24,819
Traffic Impact Fee
Storm Drain C.I.P.

Quimby Park C.I.P.

Library C.I.P.

City Fire Protection
Insurance Service
Information Systems Service
Support Service
Facilities Service 2,195,837
CFD 2006-1CC Summerly Improvement Area CC 92,762
CFD 2006-1 Improvement Area B, Summerly
CFD 2015-5 Trieste - Far West Industries
CFD 2003-2E Canyon Hills Improvement Area E
CFD 2006-1FF Summerly Improvement Area FF
CFD 2016-2 Canyon Hills
82,009
76,945
86,158
97,226
654,736
170,513
137,676
146,042
982,463
70,443
120,938
475,534
162,232
545,586
370,687
269,281
CFD 2006-1 IA-JJ Summerly Improvement Area
CFD 2006-1 IA-KK Summerly Improvement Area
CFD 2006-1 IA-EE Summerly Improvement Area
CFD 2003-2 Improvement Area D, Canyon Hills
CFD 2014-1 Southshore
CFD 2006-1 Improvement Area A, Summerly
CFD 98-1 Summerhill
CFD 2006-1 IA-II Summerly Improvement
CFD 90-2 Tuscany Hills
RAD 2021-1 Canyon Hills Improvement
CFD 2003-2 Canyon Hills Improvement Area

C I T Y O F L A K E E L S I N O R E

POOLED CASH AND INVESTMENTS BY FUND
AS OF JANUARY 31, 2024

FUND NO FUND NAME AMOUNT
361 10,959
363
364
366
368
369
370
371
372
374
375
377
378
384
385
386
387
388
390
392
394
395
396
397
500
510
603
604
605
606
608
617
CFD 2022-2 Lakeshore Improvement
CFD 2022-3 Lakeside 844
CFD 2023-2 Coastal Mission Trail Improvement 20,812
CFD 2005-6 City Center Townhomes
CFD 2006-2 Viscaya
141,442
307,720
917,106
172,481
329,914
785,899
3,037
CFD 2004-3 Area 1 Rosetta Canyon Improvement Area
CFD 2006-1 IA-HH Summerly Improvement
CFD 2005-1 Serenity
CFD 2005-2 Alberhill Ranch Improvement Area
CFD 2005-4 Lakeview Villas
CFD 2006-4 Clurman 126,650
CFD 2006-6 Tessara 42,779
CFD 2006-8 Running Deer Estates
CFD 2003-2 Area B Canyon Hills Improvement Area
CFD 2004-3 Area 2 Rosetta Canyon Improvement Area
CFD 2007-4 Mekenna Court
57,081
981,160
937,820
79,800
CFD 2007-5 Red Kite 58,019
CFD 2007-6 Holiday Inn Express
CFD 2003-2 Area C Canyon Hills Improvement Area
CFD 95-1 City Center
2,631
376,790
49,931
CFD 2005-5 (2012A) Wasson Canyon
CFD 2018-1 Wasson Canyon II Improvement Area
CFD 2018-2 Nichols Ranch Improvement Area
CFD 2018-3 Village at Lakeshore
Capital Improvement Plan
140,478
1,879
92,708
169,300
6,541,778
827,970
62,291
Successor To RDA Area I, II, & III
Endowment Trust - Carl Graves
Endowment Trust - Korn Memorial
Public Improvement Trust
34,823
1,773,370
Mobile Source Air Polution Reduction 75,257
Trust Deposit & Pre Paid Expense
Successor Agency Housing
1,570,414
34,951,818
620
631
655
Cost Recovery System 7,566,036
508,669
14,742
Lake Destratification Equipment Replacement
CFD 2015-1s Law, Fire, Paramedic Services
Total Pooled Cash & Investments $ 124,862,739

C I T Y O F L A K E E L S I N O R E

SUMMARY OF POLICY LIMITATIONS
FOR THE MONTH ENDING JANUARY 31, 2024

MAXIMUM

PERCENTAGE

DIVERSIFICATION

PERCENTAGE

CURRENT

TYPES OF SECURITIES BALANCE
CAMP - Pooled Sweep Account
U.S. Treasury Bond / Note
Unlimited
Unlimited
30%

0.19% $
$
$
$
$
191,349

21.77%

0.61%
22,477,966
Supra-National Agency Bond / Note 634,530
Municipal Bond / Note Unlimited
40%

1.49% 1,536,023
Federal Agency Collaterized Mortgage Obligation 6.76% 6,983,775 (1) Federal Agency Bond / Note
Corporate Note
Unlimited
30%

2.19%

11.57%

0.87%

5.18%
$
$
$
$
2,266,362
11,943,094
Negotiable Certificates of Deposit 900,000
Asset-Backed Security / Collaterized Mortgage
30%
20% 5,349,105
(2) LAIF (Local Agency Investment Funds)
TOTAL
$150 Million 49.37% $
$
50,976,822
100.00% 103,259,025
Note:
(1) No more than 40% in any one federal agency. See CAMP Portfolio Statement for listing of agencies.

Investment in LAIF may not exceed $75 million in each agency. (2) Local Agency Investment Fund
PMIA/LAIF Performance Report
as of 2/14/24
PMIA Average Monthly
Effective Yields(1)
Quarterly Performance
Quarter Ended 12/31/23
(2) LAIF Apportionment Rate : 4.00 January
December
November
October
September
August

4.012

3.929

3.843

3.670

3.534

3.434
(2) 0.00010932476863589

0.29 0.993543131

3.96 3.81
LAIF Earnings Ratio :
(1)* LAIF Administrative Cost :
(1) LAIF Fair Value Factor :
(1) PMIA Daily :
(1) PMIA Quarter to Date :
(1) PMIA Average Life : 230
Pooled Money Investment Account
Monthly Portfolio Composition (1)
1/31/24
$165.8 billion
Corporate
Bonds

0.37%
Commercial
Paper Time
Deposits

3.13%
Loans

0.20%

5.91%
Certificates of
Deposit/Bank Notes

8.98%
Treasuries

58.88%
Agencies

22.53%
Chart does not include $2,112,000.00 in mortgages, which equates to 0.001%. Percentages may not total 100% due to rounding.

Daily rates are now available here. View PMIA Daily Rates Notes: The apportionment rate includes interest earned on the CalPERS Supplemental Pension Payment pursuant to Government Code 20825 (c)(1) and interest earned on the Wildfire Fund loan pursuant to Public Utility Code 3288 (a). *The percentage of administrative cost equals the total administrative cost divided by the quarterly interest earnings. The law provides that administrative costs are not to exceed 5% of quarterly EARNINGS of the fund. However, if the 13-week Daily Treasury Bill Rate on the last day of the fiscal year is below 1%, then administrative costs shall not exceed 8% of quarterly EARNINGS of the fund for the subsequent fiscal year.

Source:
(1) State of California, Office of the Treasurer
(2) State of Calfiornia, Office of the Controller

C I T Y O F L A K E E L S I N O R E

LOCAL AGENCY INVESTMENT FUND

TRANSACTION SUMMARY
FOR THE MONTH ENDING JANUARY 31, 2024
Yield Purchase Date
Daily
Maturity Rate

4.012% 24-Hour
Investment Beginning Balance Net Increase/(Decrease) Ending Balance 50,976,822
Total Investments Held with
Local Agency Investment Fund: $ 43,522,208 $ 7,454,614 $ Note:

Per California State Treasurer, LAIF Statute 16429.1: Separate accounts for each governmental unit shall be maintained.

CAMP
Investment Portfolio
Account Statement - Transaction Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
CAMP Pool Asset Summary
Opening Market Value
Purchases
Redemptions
Unsettled Trades
Change in Value
116,772.96
1,253,766.61
(1,179,190.52)

0.00 January 31, 2024 December 31, 2023
CAMP Pool 191,349.05 116,772.96
CAMP Managed Account 51,870,987.01 51,767,158.04

0.00 Total $52,062,336.06 $51,883,931.00
Closing Market Value
Cash Dividends and Income
CAMP Managed Account
$191,349.05
Asset Allocation 477.89
CAMP Pool

0.37%
Opening Market Value
Purchases
Redemptions
Unsettled Trades
Change in Value
51,767,158.04
1,170,501.95
(1,113,414.15)

0.00 46,741.17
Closing Market Value $51,870,987.01
Cash Dividends and Income 98,302.99
CAMP Managed
Account

99.63%

Page 1 ends

Managed Account Summary Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
Transaction Summary - Money Market
Opening Market Value
Transaction Summary - Managed Account Account Total
$116,772.96 Opening Market Value $51,767,158.04 Opening Market Value $51,883,931.00 Purchases
Redemptions
1,253,766.61
(1,179,190.52)
Maturities/Calls (49,498.15)
(1,063,916.00)
1,170,501.95

0.00 Principal Dispositions
Principal Acquisitions
Unsettled Trades
Change in Current Value 46,741.17
_______________________________________________ _______________________________________________ ____________________________________________________ Closing Market Value $191,349.05 Closing Market Value $51,870,987.01 Closing Market Value $52,062,336.06 Dividend 477.89
Earnings Reconciliation (Cash Basis) - Managed Account Cash Balance Interest/Dividends/Coupons Received
Less Purchased Interest Related to Interest/Coupons
Plus Net Realized Gains/Losses
139,249.57
(4,478.48)
(36,468.10)
Closing Cash Balance $0.00
Total Cash Basis Earnings $98,302.99
Earnings Reconciliation (Accrual Basis) Managed Account Total Cash Transactions Summary- Managed Account Ending Amortized Value of Securities
Ending Accrued Interest
Plus Proceeds from Sales
Plus Proceeds of Maturities/Calls/Principal Payments
Plus Coupons/Dividends Received
Less Cost of New Purchases
Less Beginning Amortized Value of Securities
Less Beginning Accrued Interest
Dividends
52,436,031.88
240,417.99
1,071,014.44
49,498.15
132,151.13
(1,174,980.43)
(52,381,236.70)
(253,286.16)

0.00 52,627,380.93
240,417.99
2,250,204.96
49,498.15
Maturities/Calls
Sale Proceeds
Coupon/Interest/Dividend Income
Principal Payments
Security Purchases

0.00 1,071,014.44
132,151.13
49,498.15
(1,174,980.43)
(77,683.29)

0.00 132,151.13
(2,428,747.04) Net Cash Contribution
(52,498,009.66) Reconciling Transactions
(253,286.16)
477.89
Total Accrual Basis Earnings $119,610.30 $120,088.19

Page 2 ends

Portfolio Summary and Statistics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
Account Summary Sector Allocation
Description Par Value Market Value Percent
ABS

10.28%
Cert of Deposit

1.74%
Corporate Note

22.43%
U.S. Treasury Bond / Note
Supra-National Agency Bond / Note
Municipal Bond / Note
Federal Agency Commercial
Mortgage-Backed Security
Federal Agency Bond / Note
Corporate Note
Certificate of Deposit
Asset-Backed Security
Managed Account Sub-Total
Accrued Interest
23,850,000.00
635,000.00
1,535,000.00
7,117,846.96
22,630,304.64
616,686.60
1,476,458.80
7,078,985.95

43.46 1.18

2.84 US TSY Bond / Note

43.46%

13.60 2,275,000.00
11,965,000.00
900,000.00
5,349,837.24
53,627,684.20
2,133,512.55
11,676,188.69
907,860.36
5,350,989.42
51,870,987.01 99.63%
240,417.99
52,111,405.00
191,349.05
52,302,754.05 100.00%

4.10 22.43

1.74 Fed Agy Bond /
Note

4.10%
Federal Agency
Commercial
Mortgage-Backed
Security

10.28 Supra-National
Agency Bond / Note

1.18%
Muni Bond / Note
Total Portfolio 2.84%
CAMP Pool
Total Investments
53,627,684.20
191,349.05
53,819,033.25

0.37 Joint Powers
Authority

0.37%

13.60%
Unsettled Trades 0.00 0.00
Maturity Distribution Characteristics

36.25% Yield to Maturity at Cost 3.54%

4.33%
1056
Yield to Maturity at Market
Weighted Average Days to Maturity

22.91%

19.30%

15.36%

3.36% 2.82%

0.00%
0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years

Page 3 ends

Managed Account Issuer Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
Issuer Summary Credit Quality (S&P Ratings)
Market Value
of Holdings
222,757.43
451,686.05
966,306.41
395,019.60
740,178.48
790,909.81
448,790.45
228,849.95
367,781.63
79,901.70
191,349.05
733,667.28
246,160.20
209,105.33
98,511.00
392,078.82
411,172.69
63,766.43
778,422.00
382,768.50
859,228.07
1,482,009.15
140,804.40
353,199.18
295,092.10
129,460.60
7,589,684.95
221,067.23
329,986.11
396,936.00
169,571.63
24,407.63
Issuer

ABBOTT LABORATORIES
AMAZON.COM INC
Percent

0.43 0.87

1.86 0.76

1.42 1.52

0.86 0.44

0.71 0.15

0.37 1.41

0.47 0.40

0.19 0.75

0.79 0.12

1.50 0.74

1.65 2.84

0.27 0.68

0.57 0.25

14.57 0.42

0.63 0.76

0.33 0.05
A
NR

2.40%
BBB+

1.45%
AAAm

0.37%
AAA

11.48%
AA3.56%

4.53%
A+

3.11%
A6.62%
AA

3.64%

AMERICAN EXPRESS CO

AMERICAN HONDA FINANCE

APPLE INC

BANK OF AMERICA CO

BERKSHIRE HATHAWAY INC

BMW FINANCIAL SERVICES NA LLC

BRISTOL-MYERS SQUIBB CO

CALIFORNIA STATE UNIVERSITY
CAMP Pool

CAPITAL ONE FINANCIAL CORP

CARMAX AUTO OWNER TRUST

CATERPILLAR INC

CHAFFEY JOINT UNION HIGH SCHOOL DISTRICT

CHARLES SCHWAB

CHASE ISSURANCE
CINTAS CORPORATION NO. 2

CITIGROUP INC

DEERE & COMPANY

DISCOVER FINANCIAL SERVICES

FANNIE MAE

FEDERAL HOME LOAN BANKS

FIFTH THIRD AUTO TRUST

FLORIDA STATE BOARD OF ADMIN FIN CORP

FORD CREDIT AUTO OWNER TRUST

FREDDIE MAC

GENERAL DYNAMICS CORP

GM FINANCIAL CONSUMER AUTOMOBILE TRUST

GOLDMAN SACHS GROUP INC

HARLEY-DAVIDSON MOTORCYCLE TRUST

HOME DEPOT INC
AA+

62.84%

Page 4 ends

Managed Account Issuer Summary

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
Market Value
of Holdings
473,159.37
67,830.55
Issuer Percent

0.91 0.13

0.43 1.18

0.92 0.12

0.25 1.40

0.77 1.42

0.74 0.59

0.49 0.87

0.33 0.77

0.24 0.39

0.11 0.18

0.07 0.17

1.25 0.75

0.88 1.42

43.46 0.40

0.16 0.42

HONDA AUTO RECEIVABLES

HYUNDAI AUTO RECEIVABLES

IBM CORP

INTER-AMERICAN DEVELOPMENT BANK

JP MORGAN CHASE & CO

LOCKHEED MARTIN CORP

LOS ANGELES COMMUNITY COLLEGE DISTRICT

MICROSOFT CORP
222,804.00
616,686.60
479,667.59
60,048.00
132,008.80
731,166.75
398,493.60
736,748.50
384,891.15
309,656.75
256,954.08
450,826.65
169,439.55
398,624.55
123,038.50
203,922.00
59,171.40

MORGAN STANLEY

NATIONAL AUSTRALIA BANK LTD

NATIONAL RURAL UTILITIES CO FINANCE CORP

NEW YORK ST URBAN DEVELOPMENT CORP

NISSAN AUTO RECEIVABLES

NORDEA BANK ABP

PACCAR FINANCIAL CORP

ROCHE HOLDINGS INC

SAN JUAN UNIFIED SCHOOL DISTRICT

STATE OF CALIFORNIA

STATE OF CONNECTICUT

STATE OF MINNESOTA

TARGET CORP
94,370.00
37,395.92
TEXAS INSTRUMENTS INC 85,927.35

THE BANK OF NEW YORK MELLON CORPORATION

THE WALT DISNEY CORPORATION

TORONTO-DOMINION BANK

TOYOTA MOTOR CORP

UNITED STATES TREASURY

UNITEDHEALTH GROUP INC

UNIVERSITY OF CALIFORNIA

USAA CAPITAL CORP
650,651.14
392,135.60
457,033.71
738,022.55
22,630,304.64
208,744.65
80,786.55
221,195.70
Total $52,062,336.06 100.00%

Page 5 ends

Managed Account Detail of Securities Held

US TREASURY NOTES
DTD 12/31/2019 1.750% 12/31/2024
912828YY0
912828ZW3
91282CBW0
91282CBW0
91282CCP4
91282CCP4
91282CCP4
91282CCP4
91282CCP4
91282CCP4
912828U24
912828U24
912828U24
912828U24
50,000.00 AA+
150,000.00 AA+
75,000.00 AA+
775,000.00 AA+
200,000.00 AA+
250,000.00 AA+
750,000.00 AA+
800,000.00 AA+
900,000.00 AA+
900,000.00 AA+
250,000.00 AA+
975,000.00 AA+
2,100,000.00 AA+
9,500,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
08/05/20
04/01/21
02/10/22
01/04/22
09/01/22
05/03/22
08/01/22
07/05/22
06/02/22
08/08/22
11/01/22
01/04/23
12/05/22
01/13/23
08/07/20
04/05/21
02/14/22
01/06/22
09/06/22
05/05/22
08/04/22
07/08/22
06/06/22
08/15/22
11/04/22
01/06/23
12/07/22
01/17/23
53,441.41 0.18
147,093.75 0.72
71,458.01 1.92
756,109.37 1.33
179,007.81 3.53
226,250.00 3.03
690,468.75 2.74
732,343.75 2.84
819,035.16 2.94
819,562.50 3.04
228,144.53 4.39
907,092.77 3.96
1,954,066.41 3.92
8,922,578.13 3.72

76.92 32.97
50,715.27
149,032.50
73,111.40
48,640.63
141,421.88
69,585.94

US TREASURY NOTES
DTD 06/30/2020 0.250% 06/30/2025

US TREASURY NOTES
DTD 04/30/2021 0.750% 04/30/2026
143.72
1,485.06

3.43 US TREASURY NOTES
DTD 04/30/2021 0.750% 04/30/2026
765,176.87
186,570.31
236,023.09
712,777.65
758,467.09
851,346.33
849,323.26
234,885.28
925,937.15
1,996,761.37
9,079,531.14
719,054.69
183,687.50
229,609.38
688,828.12
734,750.00
826,593.75
826,593.75
236,640.62
922,898.44
1,987,781.25
8,992,343.75

US TREASURY NOTES
DTD 07/31/2021 0.625% 07/31/2026

4.29 US TREASURY NOTES
DTD 07/31/2021 0.625% 07/31/2026

12.88 US TREASURY NOTES
DTD 07/31/2021 0.625% 07/31/2026

13.74 US TREASURY NOTES
DTD 07/31/2021 0.625% 07/31/2026

15.45 US TREASURY NOTES
DTD 07/31/2021 0.625% 07/31/2026

15.45 US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
1,071.43
4,178.57
9,000.00
40,714.29

US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026

Page 6 ends

Managed Account Detail of Securities Held

US TREASURY NOTES
DTD 04/30/2022 2.750% 04/30/2027
91282CEN7
91282CFB2
91282CFB2
91282CFB2
91282CFB2
91282CFZ9
91282CFZ9
1,200,000.00 AA+
375,000.00 AA+
600,000.00 AA+
800,000.00 AA+
825,000.00 AA+
1,175,000.00 AA+
1,200,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
01/31/23
05/01/23
07/03/23
03/02/23
06/02/23
01/02/24
12/01/23
02/03/23
05/05/23
07/07/23
03/06/23
06/06/23
01/05/24
12/05/23
1,155,421.88 3.70
362,329.10 3.62
565,640.63 4.30
746,531.25 4.44
786,779.30 3.97
1,170,501.95 3.98
1,184,109.38 4.24
8,431.32

28.33 1,165,882.03
364,555.51
570,476.39
757,570.82
792,830.07
1,170,587.18
1,184,742.39
1,155,187.44
360,234.38
576,375.00
768,500.00
792,515.62
1,172,062.50
1,197,000.00

US TREASURY NOTES
DTD 07/31/2022 2.750% 07/31/2027

45.33 US TREASURY NOTES
DTD 07/31/2022 2.750% 07/31/2027

60.44 US TREASURY NOTES
DTD 07/31/2022 2.750% 07/31/2027

62.33 US TREASURY NOTES
DTD 11/30/2022 3.875% 11/30/2027
7,837.34
US TREASURY NOTES 8,004.10
DTD 11/30/2022 3.875% 11/30/2027
Security Type Sub-Total 23,850,000.00 22,477,965.84 3.61 81,237.39 22,876,303.10 22,630,304.64 Supra-National Agency Bond / Note

INTER-AMERICAN DEVEL BK NOTES
DTD 09/23/2021 0.500% 09/23/2024
4581X0DZ8 635,000.00 AAA Aaa 09/15/21 09/23/21 634,530.10 0.52 1,128.89 634,899.25 616,686.60 Security Type Sub-Total
Municipal Bond / Note
635,000.00 634,530.10 0.52 1,128.89 634,899.25 616,686.60

CT ST TXBL GO BONDS
DTD 06/11/2020 1.998% 07/01/2024
20772KJW0
157411TK5
650036DT0
60,000.00 AA100,000.00 AA325,000.00 NRAa3
Aa1
NR
05/29/20
11/06/19
12/16/20
06/11/20
12/05/19
12/23/20
60,000.00 2.00
100,000.00 2.10
325,000.00 0.87

99.90 1,050.50
1,068.17
60,000.00
100,000.00
325,000.00
59,171.40
98,511.00
309,656.75

CHAFFEY UHSD, CA TXBL GO BONDS
DTD 12/05/2019 2.101% 08/01/2024

NY ST URBAN DEV CORP TXBL REV BONDS
DTD 12/23/2020 0.870% 03/15/2025

Page 7 ends

Managed Account Detail of Securities Held

UNIV OF CAL TXBL REV BONDS
DTD 07/16/2020 0.883% 05/15/2025
91412HGE7
341271AD6
341271AD6
341271AD6
60412AVJ9
798306WP7
54438CYK2
13077DQD7
13063D3N6
85,000.00 AA
65,000.00 AA
85,000.00 AA
160,000.00 AA
100,000.00 AAA
130,000.00 NR
140,000.00 AA+
85,000.00 AA200,000.00 AAAa2
Aa3
Aa3
Aa3
Aaa
Aa2
Aaa
Aa2
Aa2
07/10/20
09/03/20
09/03/20
09/03/20
08/11/20
10/16/20
10/30/20
07/09/21
03/09/23
07/16/20
09/16/20
09/16/20
09/16/20
08/25/20
10/29/20
11/10/20
07/29/21
03/15/23
85,000.00 0.88
65,459.55 1.11
85,563.55 1.12
160,000.00 1.26
100,000.00 0.63
130,000.00 0.85
140,000.00 0.77
85,000.00 0.86
200,000.00 4.85
158.45

68.14 85,000.00
65,135.58
85,166.26
160,000.00
100,000.00
130,000.00
140,000.00
85,000.00
200,000.00
80,786.55
61,874.15
80,912.35
152,305.60
94,370.00
123,038.50
132,008.80
79,901.70
203,922.00

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025

89.11 FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
167.73
315.00
553.80
541.10
183.18
4,038.33

MN ST TXBL GO BONDS
DTD 08/25/2020 0.630% 08/01/2025

SAN JUAN USD, CA TXBL GO BONDS
DTD 10/29/2020 0.852% 08/01/2025

LOS ANGELES CCD, CA TXBL GO BONDS
DTD 11/10/2020 0.773% 08/01/2025

CA ST UNIV TXBL REV BONDS
DTD 07/29/2021 0.862% 11/01/2025

CA ST MUNICIPAL BONDS
DTD 03/15/2023 4.846% 03/01/2027
Security Type Sub-Total 1,535,000.00 1,536,023.10 1.58 8,333.41 1,535,301.84 1,476,458.80 Federal Agency Commercial Mortgage-Backed Security
FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
3137BGK24
3137BNGT5
3137BSP72
3137BTUM1
245,996.40 AA+
275,000.00 AA+
550,000.00 AA+
378,720.49 AA+
Aaa
Aaa
Aaa
Aaa
03/19/20
04/11/23
04/06/23
05/19/23
03/25/20
04/14/23
04/12/23
05/24/23
258,180.90 1.95
263,613.28 4.37
526,839.84 4.02
367,063.00 4.31
627.70
629.06
248,160.00
266,973.11
532,500.36
369,409.34
241,445.83
265,497.60
525,849.79
367,929.60
FHMS K054 A2
DTD 04/20/2016 2.745% 01/01/2026
FHMS K058 A2
DTD 11/09/2016 2.653% 08/01/2026
1,215.96
FHMS K061 A2 1,056.31
DTD 01/30/2017 3.347% 11/01/2026

Page 8 ends

Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Value Federal Agency Commercial Mortgage-Backed Security
FHMS K064 A2
DTD 05/15/2017 3.224% 03/01/2027
3137BXQY1
3137F1G44
3137HBC69
3137HAD45
3137HACX2
3136BQDE6
3137HAQ74
3137HAMH6
3137HAST4
3137HAMS2
3137HB3D4
3137HB3G7
550,000.00 AA+
550,000.00 AA+
399,541.01 AA+
438,589.06 AA+
550,000.00 AA+
550,000.00 AA+
500,000.00 AA+
800,000.00 AA+
375,000.00 AA+
500,000.00 AA+
180,000.00 AA+
275,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
08/16/23
06/08/23
12/06/23
07/19/23
07/13/23
07/18/23
10/11/23
09/07/23
10/25/23
09/20/23
11/14/23
11/28/23
08/18/23
06/13/23
12/14/23
07/27/23
07/20/23
07/31/23
10/19/23
09/14/23
10/31/23
09/28/23
11/21/23
12/07/23
518,804.69 4.98
527,033.20 4.44
399,537.81 4.86
438,578.12 4.78
555,493.40 4.59
540,675.78 4.58
489,032.00 5.26
788,165.60 4.99
363,043.88 5.60
494,023.50 5.07
179,479.62 5.14
274,209.93 4.93
1,477.67
1,486.38
1,617.48
1,745.95
2,208.71
1,920.42
1,975.00
3,100.00
1,515.63
2,000.00
760.35
522,840.02
530,888.58
399,537.90
438,579.29
554,887.83
541,635.70
489,610.89
788,988.51
363,591.81
494,391.73
179,498.04
274,231.89
531,628.48
531,290.50
403,660.41
440,697.66
557,391.69
545,624.05
506,434.29
807,847.71
381,413.23
507,480.72
184,748.82
280,045.57

FHLMC MULTIFAMILY STRUCTURED P
DTD 07/01/2017 3.243% 04/01/2027
FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
FHMS K511 A2 1,113.75
DTD 12/01/2023 4.860% 10/01/2028
Security Type Sub-Total 7,117,846.96 6,983,774.55 4.69 24,450.37 6,995,725.00 7,078,985.95 Federal Agency Bond / Note

Page 9 ends

Managed Account Detail of Securities Held

FREDDIE MAC NOTES
DTD 07/23/2020 0.375% 07/21/2025
3137EAEU9
3135G05X7
3130AK5E2
3137EAEX3
3135G06G3
425,000.00 AA+
350,000.00 AA+
150,000.00 AA+
700,000.00 AA+
650,000.00 AA+
Aaa
Aaa
Aaa
Aaa
Aaa
07/21/20
08/25/20
09/10/20
09/23/20
11/09/20
07/23/20
08/27/20
09/11/20
09/25/20
11/12/20
422,883.50 0.48
348,362.00 0.47
149,550.00 0.44
697,893.00 0.44
647,673.00 0.57

44.27 568.75
229.69
933.33
758.33
424,378.05
349,487.23
149,856.27
699,306.91
649,175.77
400,609.25
328,769.00
140,804.40
655,713.80
607,616.10

FANNIE MAE NOTES
DTD 08/27/2020 0.375% 08/25/2025

FEDERAL HOME LOAN BANK NOTES
DTD 09/11/2020 0.375% 09/04/2025

FREDDIE MAC NOTES
DTD 09/25/2020 0.375% 09/23/2025

FANNIE MAE NOTES
DTD 11/12/2020 0.500% 11/07/2025
Security Type Sub-Total
Corporate Note
2,275,000.00 2,266,361.50 0.49 2,534.37 2,272,204.23 2,133,512.55

CHARLES SCHWAB CORP NOTES
(CALLABLE)
DTD 03/18/2021 0.750% 03/18/2024
808513BN4
06406RAS6
105,000.00 A- A2
A1
03/16/21
04/19/21
03/18/21
04/26/21
104,947.50 0.77 290.94 104,997.80 104,357.82

BANK OF NY MELLON CORP NOTES
(CALLABLE)
210,000.00 A 209,775.30 0.54 277.08 209,982.57 207,661.86 DTD 04/26/2021 0.500% 04/26/2024

MORGAN STANLEY CORP NOTES
DTD 04/28/2014 3.875% 04/29/2024
61746BDQ6
02665WCZ2
38141EC23
400,000.00 A400,000.00 A400,000.00 BBB+A1
A3
A2
07/19/19
07/11/19
07/08/19
07/23/19
07/15/19
07/11/19
422,916.00 2.59
398,016.00 2.51
418,632.00 2.84
3,961.11
906.67
983.89
401,157.64
399,838.78
400,720.34
398,493.60
395,019.60
396,936.00

AMERICAN HONDA FINANCE CORP NOTE
DTD 06/27/2019 2.400% 06/27/2024

GOLDMAN SACHS GROUP INC (CALLABLE)
BONDS
DTD 07/08/2014 3.850% 07/08/2024

BMW US CAPITAL LLC CORPORATE NOTES
DTD 08/12/2021 0.750% 08/12/2024
05565EBU8 70,000.00 A A2 08/09/21 08/12/21 69,993.70 0.75 246.46 69,998.89 68,266.45

Page 10 ends

Managed Account Detail of Securities Held

WALT DISNEY COMPANY/THE (CALLABLE)
DTD 09/06/2019 1.750% 08/30/2024
254687FK7
69371RQ66
400,000.00 A175,000.00 A+A2
A1
09/03/19
10/22/20
09/06/19
10/29/20
398,368.00 1.84
182,894.25 0.73
2,936.11
1,531.25
399,810.80
176,876.21
392,135.60
PACCAR FINANCIAL CORP CORPORATE 169,439.55
NOTES
DTD 02/06/2020 1.800% 02/06/2025

AMERICAN EXPRESS CO CORP NOTES
(CALLABLE
DTD 03/04/2022 2.250% 03/04/2025
025816CQ0
771196BT8
437076CM2
17252MAP5
80,000.00 BBB+
410,000.00 AA
A2
Aa2
A2
03/01/22
03/03/22
03/24/22
04/26/22
03/04/22
03/10/22
03/28/22
05/03/22
79,919.20 2.29
410,000.00 2.13
24,956.25 2.76
64,985.70 3.46
735.00
3,423.64
198.75
79,970.73
410,000.00
24,982.76
64,994.05
77,442.80
398,624.55
24,407.63
63,766.43

ROCHE HOLDINGS INC (CALLABLE)

CORPORATE
DTD 03/10/2022 2.132% 03/10/2025

HOME DEPOT INC (CALLABLE) CORPORATE
NOTE
DTD 03/28/2022 2.700% 04/15/2025
25,000.00 A
CINTAS CORPORATION NO. 2 CORP NOTE
(CALL
65,000.00 A- A3 560.63
DTD 05/03/2022 3.450% 05/01/2025

USAA CAPITAL CORP CORPORATE NOTES
DTD 05/26/2022 3.375% 05/01/2025
90327QD89
369550BG2
225,000.00 AA
225,000.00 AAa1A3
05/23/22
10/16/20
05/26/22
10/20/20
224,264.25 3.49
252,247.50 0.80
1,898.44
1,662.50
224,687.43
231,917.85
221,195.70
GENERAL DYNAMICS CORP (CALLABLE) 221,067.23

CORP NO
DTD 05/11/2018 3.500% 05/15/2025

JPMORGAN CHASE & CO (CALLABLE) CORP
NOTE
46647PCH7 315,000.00 A- A1 05/24/21 06/01/21 315,000.00 0.82 432.60 315,000.00 309,748.01 DTD 06/01/2021 0.824% 06/01/2025

AMAZON INC CORP NOTES (CALLABLE)
DTD 06/03/2020 0.800% 06/03/2025
023135BQ8
63254ABD9
475,000.00 AA
250,000.00 AAA1 06/03/2005/31/22
06/05/20
06/09/22
474,767.25 0.81
250,000.00 3.50
612.22 474,937.73
250,000.00
451,686.05
NATIONAL AUSTRALIA BK/NY CORPORATE 245,520.50
NOTES
Aa3 1,263.89
DTD 06/09/2022 3.500% 06/09/2025

Page 11 ends

Managed Account Detail of Securities Held

NATIONAL RURAL UTIL COOP CORPORATE
NOTES
63743HFE7 50,000.00 A- A2 04/27/22 05/04/22 49,986.50 3.46 220.42 49,994.07 48,959.40 DTD 05/04/2022 3.450% 06/15/2025

IBM CORP CORPORATE NOTES
DTD 07/27/2022 4.000% 07/27/2025
459200KS9
06051GFS3
002824BM1
225,000.00 A225,000.00 A225,000.00 AAA3
A1
07/20/22
08/18/20
09/24/20
07/27/22
08/20/20
09/28/20
225,000.00 4.00
256,918.50 0.93
257,845.50 0.86
100.00
4,359.38
3,293.75
225,000.00
234,662.10
234,542.56
222,804.00
221,553.45
222,757.43

BANK OF AMERICA CORP NOTES
DTD 07/30/2015 3.875% 08/01/2025

ABBOTT LABORATORIES CORPORATE

NOTES (CAL
Aa3
DTD 03/22/2017 3.875% 09/15/2025

BANK OF AMERICA CORP NOTES
(CALLABLE)
DTD 12/06/2021 1.530% 12/06/2025
06051GKE8
46647PCV6
91324PEC2
05565EBW4
14913R2U0
225,000.00 A175,000.00 A225,000.00 A+A1
A1
A2
A2
A2
12/01/21
02/16/22
05/17/21
08/12/21
01/11/22
12/06/21
02/24/22
05/19/21
08/16/21
01/13/22
225,000.00 1.53
175,000.00 2.60
224,608.50 1.19
174,947.50 1.26
223,863.75 1.81
525.94
1,980.49
546.25
225,000.00
175,000.00
224,820.80
174,973.40
224,331.10
217,100.48
169,919.58
208,744.65
160,583.50
209,105.33

JPMORGAN CHASE & CO CORP NOTES
(CALLABLE
DTD 02/24/2022 2.595% 02/24/2026

UNITEDHEALTH GROUP INC (CALLABLE)
CORPOR
DTD 05/19/2021 1.150% 05/15/2026

BMW US CAPITAL LLC (CALLABLE)

CORPORATE
DTD 08/12/2021 1.250% 08/12/2026
175,000.00
225,000.00
A
A
1,026.91
CATERPILLAR FINL SERVICE CORPORATE 244.38
NOTES
DTD 01/10/2022 1.700% 01/08/2027

TARGET CORP CORP NOTES (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
87612EBM7
06406RBA4
40,000.00 A
A
A2
A1
01/19/22
01/26/22
01/24/22
01/28/22
39,932.00 1.99
473,945.50 2.10

34.67 39,959.62 37,395.92

BANK OF NY MELLON CORP (CALLABLE)
CORPOR
475,000.00 135.24 474,369.84 442,989.28
DTD 01/26/2022 2.050% 01/26/2027

Page 12 ends

Managed Account Detail of Securities Held

MICROSOFT CORP CORP NOTES (CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027
594918BY9
025816CS6
750,000.00 AAA
300,000.00 BBB+
Aaa
A2
03/14/23
01/13/23
03/17/23
01/18/23
721,942.50 4.36
277,203.00 4.59
12,031.25
3,123.75
728,276.16
282,940.09
731,166.75
AMERICAN EXPRESS CO CORP NOTES 281,088.00
(CALLABLE
DTD 03/04/2022 2.550% 03/04/2027

BERKSHIRE HATHAWAY CORP NOTES
(CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027
084664CZ2
808513BW4
63254ABE7
475,000.00 AA
300,000.00 A500,000.00 AAAa2A2
03/15/22
02/17/23
01/13/23
03/17/22
02/22/23
01/18/23
466,089.00 2.70
284,925.00 4.66
488,325.00 4.50
4,127.22
3,300.00
2,820.28
469,440.40
288,384.51
491,085.34
448,790.45
287,721.00
491,228.00

CHARLES SCHWAB CORP NOTES
(CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027

NATIONAL AUSTRALIA BK/NY CORPORATE
NOTES
Aa3
DTD 06/09/2022 3.905% 06/09/2027

APPLE INC (CALLABLE) BONDS
DTD 09/12/2017 2.900% 09/12/2027
037833DB3
89236TKQ7
775,000.00 AA+
375,000.00 A+
Aaa
A1
01/19/23
02/08/23
01/23/23
02/10/23
741,062.75 3.94
376,282.50 4.55
8,677.85
915.36
748,559.82
376,028.43
740,178.48
TOYOTA MOTOR CREDIT CORP CORPORATE 377,454.38
NOTES
DTD 01/12/2023 4.625% 01/12/2028

NATIONAL RURAL UTIL COOP CORP NOTES
(CAL
DTD 02/07/2018 3.400% 02/07/2028
637432NP6
882508BV5
110122DE5
350,000.00 A85,000.00 A+A1
Aa3
A2
02/17/23
05/11/23
03/09/23
02/22/23
05/18/23
03/13/23
329,189.00 4.76
87,043.40 4.04
358,263.75 4.93
5,751.67
1,802.94
6,540.63
333,142.06
86,732.63
361,277.20
335,931.75
85,927.35
367,781.63

TEXAS INSTRUMENTS INC CORP NOTE
(CALLABL
DTD 11/18/2022 4.600% 02/15/2028

BRISTOL-MYERS SQUIBB CO CORP NOTES
(CALL
375,000.00 A
DTD 07/15/2020 3.900% 02/20/2028

Page 13 ends

Managed Account Detail of Securities Held

LOCKHEED MARTIN CORP NOTES
(CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028
539830BZ1 60,000.00 A- A2
A2
05/23/23 05/25/23
07/25/23
10/04/23
59,892.00 4.49
377,865.00 4.78
746,280.00 5.92
563.67
876.56
59,906.98 60,048.00

JOHN DEERE CAPITAL CORP CORPORATE
NOTES
DTD 07/14/2023 4.950% 07/14/2028
24422EXB0
17325FBB3
375,000.00 A 07/21/23
10/02/23
377,563.67 382,768.50

CITIBANK NA CORP NOTES (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
750,000.00 A+ Aa3 14,749.29 746,493.96 778,422.00
Security Type Sub-Total
Certificate of Deposit
11,965,000.00 11,943,093.55 3.12 99,669.08 11,872,358.32 11,676,188.69

TORONTO DOMINION BANK NY CERT
DEPOS
DTD 10/31/2022 5.600% 10/27/2025
89115B6K1
65558UYF3
450,000.00 A A1 10/27/22
11/02/22
10/31/22
11/03/22
450,000.00 5.58 6,930.00 450,000.00 457,033.71

NORDEA BANK ABP NEW YORK CERT DEPOS
DTD 11/03/2022 5.530% 11/03/2025
450,000.00 AA- Aa3 450,000.00 5.53 6,083.00 450,000.00 450,826.65 Security Type Sub-Total
Asset-Backed Security
900,000.00 900,000.00 5.56 13,013.00 900,000.00 907,860.36 HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
44933LAC7
65480BAC1
89190GAC1
43815GAC3
14314QAC8
18,336.11 AAA
120,292.16 AAA
118,768.93 AAA
64,458.89 NR
39,613.16 AAA
NR
Aaa
NR
04/20/21
06/15/21
06/08/21
11/16/21
04/13/21
04/28/21
06/23/21
06/14/21
11/24/21
04/21/21
18,334.18 0.38
120,290.11 0.33
118,756.13 0.26
64,445.31 0.89
39,604.61 0.52

3.10 17.64

13.72 15.76

9.16 18,335.40
120,291.35
118,763.75
64,452.45
39,609.54
18,111.80
117,960.53
116,441.33
62,704.24
38,806.77
NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
Aaa
CARMX 2021-2 A3 NR
DTD 04/21/2021 0.520% 02/17/2026

Page 14 ends

Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Value Asset-Backed Security
HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
44935FAD6
254683CP8
362554AC1
14318MAD1
65480JAC4
36265QAD8
891940AC2
14041NGB1
41285JAD0
344928AD8
43815QAC1
254683CY9
05522RDG0
02582JJZ4
50,986.18 AAA
195,000.00 AAA
57,381.81 AAA
210,000.00 AAA
140,000.00 AAA
275,000.00 AAA
245,000.00 AAA
245,000.00 AAA
170,000.00 NR
130,000.00 AAA
320,000.00 AAA
320,000.00 NR
170,000.00 AAA
190,000.00 AAA
NR
Aaa
Aaa
NR
11/09/21
09/20/21
10/13/21
07/12/22
09/20/22
10/04/22
01/24/23
10/27/22
02/13/23
03/28/23
08/15/23
04/04/23
06/08/23
06/07/23
11/17/21
09/27/21
10/21/21
07/20/22
09/28/22
10/12/22
01/30/23
11/03/22
02/23/23
03/31/23
08/22/23
04/11/23
06/16/23
06/14/23
50,974.79 0.75
194,958.25 0.58
57,380.34 0.68
209,995.04 3.97
139,971.03 4.46
274,954.93 4.82
244,999.88 4.63
244,961.56 4.95
169,982.88 5.05
129,986.44 4.65
319,934.02 5.42
319,981.44 4.31
169,961.51 4.79
189,983.15 4.87

16.77 50.27
50,980.39
194,977.97
57,381.02
49,718.75
189,486.96
55,549.12
DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026

16.26 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
370.53
277.51
552.29
504.16
539.00
381.56
268.67
625.16
612.98
361.91
411.24
209,996.65
139,979.44
274,967.08
244,999.91
244,971.24
169,986.22
129,988.78
319,940.57
319,984.49
169,966.44
189,985.33
207,353.43
138,993.55
274,436.99
244,126.84
245,235.13
169,571.63
129,460.60
323,708.38
317,074.11
170,223.57
190,618.98
NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
Aaa
GMCAR 2022-4 A3 NR
DTD 10/12/2022 4.820% 08/16/2027
TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
NR
COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
NR
HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
Aaa
FORDO 2023-A A3 NR
DTD 03/31/2023 4.650% 02/15/2028
HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
NR
DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
Aaa
BACCT 2023-A1 A1 NR
DTD 06/16/2023 4.790% 05/15/2028
AMXCA 2023-1 A NR
DTD 06/14/2023 4.870% 05/15/2028

Page 15 ends

Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
Security Type/Description S&P Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
Dated Date/Coupon/Maturity CUSIP Par Rating Rating Date Value Asset-Backed Security
COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
14041NGD7
254683CZ6
438123AC5
31680EAD3
161571HT4
02582JKD1
05522RDH8
490,000.00 AAA
350,000.00 AAA
85,000.00 NR
350,000.00 AAA
405,000.00 AAA
410,000.00 AAA
180,000.00 NR
NR
Aaa
Aaa
Aaa
NR
05/17/23
06/21/23
11/01/23
08/15/23
09/07/23
09/12/23
12/07/23
05/24/23
06/28/23
11/08/23
08/23/23
09/15/23
09/19/23
12/14/23
489,887.64 4.43
349,952.72 4.93
84,985.03 5.67
349,978.30 5.53
404,887.73 5.17
409,981.67 5.23
179,975.83 4.98
962.58
766.89
133.88
860.22
928.80
953.02
398.40
489,903.28
349,958.40
84,985.69
488,432.15
352,667.00
86,746.75
DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
349,980.23
404,895.26
409,982.86
179,976.40
353,199.18
411,172.69
417,156.63
182,032.31
CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
NR
BACCT 2023-A2 A2 Aaa
DTD 12/14/2023 4.980% 11/15/2028
Security Type Sub-Total 5,349,837.24
53,627,684.20
5,349,104.52 4.36

3.54 10,051.48 5,349,240.14
52,436,031.88
5,350,989.42
Managed Account Sub-Total 51,870,987.01
Joint Powers Authority
CAMP Pool
52,090,853.16 240,417.99
191,349.05 AAAm NR 191,349.05 0.00 191,349.05 191,349.05 Liquid Sub-Total 191,349.05 191,349.05 0.00 191,349.05 191,349.05 Securities Sub-Total
Accrued Interest
Total Investments
$53,819,033.25 $52,282,202.21 3.54% $240,417.99 $52,627,380.93 $52,062,336.06 $240,417.99
$52,302,754.05

Page 16 ends

Managed Account Fair Market Value & Analytics

US TREASURY NOTES
DTD 12/31/2019 1.750% 12/31/2024

US TREASURY NOTES
DTD 06/30/2020 0.250% 06/30/2025

US TREASURY NOTES
DTD 04/30/2021 0.750% 04/30/2026

US TREASURY NOTES
DTD 07/31/2021 0.625% 07/31/2026

US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026

US TREASURY NOTES
DTD 04/30/2022 2.750% 04/30/2027

US TREASURY NOTES
912828YY0
912828ZW3
91282CBW0
91282CBW0
91282CCP4
91282CCP4
91282CCP4
91282CCP4
91282CCP4
91282CCP4
912828U24
912828U24
912828U24
912828U24
91282CEN7
91282CFB2
91282CFB2
50,000.00 WELLS_F
150,000.00 GOLDMAN
75,000.00 BMO

97.28 94.28

92.78 92.78

91.84 91.84

94.66 94.66

96.27 96.06

96.06 48,640.63
141,421.88
69,585.94
(4,800.78)
(5,671.87)
(1,872.07)
(37,054.68)
4,679.69
(2,074.64)
(7,610.62)
(3,525.46)
(46,122.18)
(2,882.81)
(6,413.71)
(23,949.53)
(23,717.09)
(24,752.58)
(22,729.51)
1,755.34

0.91 1.41

2.23 2.23

2.48 2.48

2.71 2.71

3.10 3.36

3.36 4.82

4.47 4.15

4.15 4.09

4.09 4.09

4.09 4.04

4.04 4.04

4.04 3.99

3.97 3.97
775,000.00 CITIGRP
200,000.00 BMO
719,054.69
183,687.50
229,609.38
688,828.12
734,750.00
826,593.75
826,593.75
236,640.62
922,898.44
1,987,781.25
8,992,343.75
1,155,187.44
360,234.38
576,375.00
250,000.00 HSBC 3,359.38
750,000.00 BMO (1,640.63)
800,000.00 HSBC 2,406.25
900,000.00 MERRILL
900,000.00 BMO
7,558.59
7,031.25
250,000.00 BMO 8,496.09
975,000.00 BMO 15,805.67
33,714.84
69,765.62
(234.44)
(3,038.71)
(8,980.12)
(87,187.39)
(10,694.59)
(4,321.13)
5,898.61
2,100,000.00 HSBC
9,500,000.00 JPM_CHA
1,200,000.00 BNP_PAR
375,000.00 MORGAN_
600,000.00 CITIGRP
(2,094.72)
10,734.37
DTD 07/31/2022 2.750% 07/31/2027

US TREASURY NOTES
DTD 07/31/2022 2.750% 07/31/2027

Page 17 ends

Managed Account Fair Market Value & Analytics

US TREASURY NOTES
DTD 07/31/2022 2.750% 07/31/2027

US TREASURY NOTES
DTD 11/30/2022 3.875% 11/30/2027

US TREASURY NOTES
91282CFB2
91282CFB2
91282CFZ9
91282CFZ9
800,000.00 BMO
825,000.00 HSBC

96.06 96.06

99.75 99.75
768,500.00
792,515.62
21,968.75
5,736.32
1,560.55
12,890.62
10,929.18
(314.45)
1,475.32
12,257.61

3.36 3.36

3.57 3.57

3.97 3.97

3.94 3.94
1,175,000.00 CITIGRP
1,200,000.00 HSBC
1,172,062.50
1,197,000.00
DTD 11/30/2022 3.875% 11/30/2027
Security Type Sub-Total 23,850,000.00 22,630,304.64 152,338.80 (245,998.46) 2.83 4.04 Supra-National Agency Bond / Note

INTER-AMERICAN DEVEL BK NOTES
DTD 09/23/2021 0.500% 09/23/2024
4581X0DZ8 635,000.00 JPM_CHA 97.12 616,686.60 (17,843.50) (18,212.65) 0.65 5.09 Security Type Sub-Total
Municipal Bond / Note
635,000.00 616,686.60 (17,843.50) (18,212.65) 0.65 5.09 CT ST TXBL GO BONDS 20772KJW0
157411TK5
650036DT0
91412HGE7
341271AD6
341271AD6
341271AD6
60412AVJ9
60,000.00 SIEBERT
100,000.00 RBC

98.62 98.51

95.28 95.04

95.19 95.19

95.19 94.37
59,171.40
98,511.00
309,656.75
80,786.55
61,874.15
80,912.35
152,305.60
94,370.00
(828.60)
(1,489.00)
(15,343.25)
(4,213.45)
(3,585.40)
(4,651.20)
(7,694.40)
(5,630.00)
(828.60)
(1,489.00)
(15,343.25)
(4,213.45)
(3,261.43)
(4,253.91)
(7,694.40)
(5,630.00)

0.42 0.50

1.12 1.20

1.41 1.41

1.41 1.49

5.36 5.14

5.25 4.89

4.80 4.80

4.80 4.55
DTD 06/11/2020 1.998% 07/01/2024

CHAFFEY UHSD, CA TXBL GO BONDS
DTD 12/05/2019 2.101% 08/01/2024

NY ST URBAN DEV CORP TXBL REV BONDS
DTD 12/23/2020 0.870% 03/15/2025

UNIV OF CAL TXBL REV BONDS
DTD 07/16/2020 0.883% 05/15/2025

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025

MN ST TXBL GO BONDS
325,000.00 WELLS_F
85,000.00 JPM_CHA
65,000.00 MERRILL
85,000.00 MERRILL
160,000.00 MERRILL
100,000.00 MORGAN_
04/15/25
DTD 08/25/2020 0.630% 08/01/2025

Page 18 ends

Managed Account Fair Market Value & Analytics

SAN JUAN USD, CA TXBL GO BONDS
DTD 10/29/2020 0.852% 08/01/2025

LOS ANGELES CCD, CA TXBL GO BONDS
DTD 11/10/2020 0.773% 08/01/2025

CA ST UNIV TXBL REV BONDS
798306WP7
54438CYK2
13077DQD7
13063D3N6
130,000.00 KEYBANC
140,000.00 MERRILL
85,000.00 JPM_CHA
200,000.00 WELLS_F

94.65 94.29
123,038.50
132,008.80
79,901.70
203,922.00
(6,961.50)
(7,991.20)
(5,098.30)
3,922.00
(6,961.50)
(7,991.20)
(5,098.30)
3,922.00

1.49 1.49

1.74 2.85

4.58 4.75

4.46 4.16

94.00 DTD 07/29/2021 0.862% 11/01/2025
CA ST MUNICIPAL BONDS 101.96
DTD 03/15/2023 4.846% 03/01/2027
Security Type Sub-Total 1,535,000.00 1,476,458.80 (59,564.30) (58,843.04) 1.47 4.80 Federal Agency Commercial Mortgage-Backed Security
FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
FHMS K054 A2
DTD 04/20/2016 2.745% 01/01/2026
FHMS K058 A2
DTD 11/09/2016 2.653% 08/01/2026
FHMS K061 A2
DTD 01/30/2017 3.347% 11/01/2026
FHMS K064 A2
DTD 05/15/2017 3.224% 03/01/2027

FHLMC MULTIFAMILY STRUCTURED P
DTD 07/01/2017 3.243% 04/01/2027
FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FHMS K505 A2
3137BGK24
3137BNGT5
3137BSP72
3137BTUM1
3137BXQY1
3137F1G44
3137HBC69
3137HAD45
3137HACX2
3136BQDE6
3137HAQ74
245,996.40 CITIGRP
275,000.00 BAIRD
550,000.00 BREAN
378,720.49 CITIGRP
550,000.00 MORGAN_
550,000.00 CITIGRP
399,541.01 JPM_CHA
438,589.06 JPM_CHA
550,000.00 JPM_CHA
550,000.00 JPM_CHA
500,000.00 BMO

98.15 96.54

95.61 97.15

96.66 96.60
101.03
100.48
101.34

99.20 101.29
241,445.83
265,497.60
525,849.79
367,929.60
531,628.48
531,290.50
403,660.41
440,697.66
557,391.69
545,624.05
506,434.29
(16,735.07)
1,884.32
(990.05)
866.60
(6,714.17)
(1,475.51)
(6,650.57)
(1,479.74)
8,788.46
401.92

0.80 1.76

2.37 2.48

2.77 2.91

3.44 3.02

3.79 3.95

3.95 5.33

4.63 4.51

4.45 4.38

4.39 4.59

4.65 4.48

4.39 4.42
12,823.79
4,257.30
4,122.60
2,119.54
1,898.29
4,948.27
17,402.29
4,122.51
2,118.37
2,503.86
3,988.35
16,823.40
DTD 07/01/2023 4.819% 06/01/2028
FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028

Page 19 ends

Managed Account Fair Market Value & Analytics

3.93 4.02

3.98 4.04

4.08 4.41

4.44 4.44

4.44 4.42
DTD 11/01/2023 5.069% 10/01/2028
FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
Security Type Sub-Total 7,117,846.96 7,078,985.95 95,211.40 83,260.95 3.31 4.49 Federal Agency Bond / Note

FREDDIE MAC NOTES
DTD 07/23/2020 0.375% 07/21/2025

FANNIE MAE NOTES
DTD 08/27/2020 0.375% 08/25/2025

FEDERAL HOME LOAN BANK NOTES
DTD 09/11/2020 0.375% 09/04/2025

FREDDIE MAC NOTES
DTD 09/25/2020 0.375% 09/23/2025

FANNIE MAE NOTES
3137EAEU9
3135G05X7
3130AK5E2
3137EAEX3
3135G06G3
425,000.00 WELLS_F
350,000.00 BARCLAY
150,000.00 WELLS_F
700,000.00 CITIGRP
650,000.00 BARCLAY

94.26 93.93

93.87 93.67

93.48 400,609.25
328,769.00
140,804.40
655,713.80
607,616.10
(22,274.25)
(19,593.00)
(8,745.60)
(42,179.20)
(40,056.90)
(23,768.80)
(20,718.23)
(9,051.87)
(43,593.11)
(41,559.67)

1.47 1.56

1.59 1.64

1.76 4.44

4.42 4.40

4.40 4.37
DTD 11/12/2020 0.500% 11/07/2025
Security Type Sub-Total
Corporate Note
2,275,000.00 2,133,512.55 (132,848.95) (138,691.68) 1.63 4.40

CHARLES SCHWAB CORP NOTES
(CALLABLE)
DTD 03/18/2021 0.750% 03/18/2024

BANK OF NY MELLON CORP NOTES
(CALLABLE)
808513BN4
06406RAS6
105,000.00 CSFB 02/18/24
03/26/24

99.39 98.89
104,357.82
207,661.86
(589.68) (639.98) 0.05

0.16 5.36
210,000.00 JPM_CHA (2,113.44) (2,320.71) 5.21
DTD 04/26/2021 0.500% 04/26/2024

Page 20 ends

Managed Account Fair Market Value & Analytics

MORGAN STANLEY CORP NOTES
DTD 04/28/2014 3.875% 04/29/2024

AMERICAN HONDA FINANCE CORP NOTE
DTD 06/27/2019 2.400% 06/27/2024

GOLDMAN SACHS GROUP INC (CALLABLE)
BONDS
DTD 07/08/2014 3.850% 07/08/2024

BMW US CAPITAL LLC CORPORATE NOTES
DTD 08/12/2021 0.750% 08/12/2024

WALT DISNEY COMPANY/THE (CALLABLE)
DTD 09/06/2019 1.750% 08/30/2024

PACCAR FINANCIAL CORP CORPORATE
NOTES
61746BDQ6
02665WCZ2
38141EC23
400,000.00 WELLS_FA
400,000.00 WELLS_FA
400,000.00 SUSQ

99.62 98.75

99.23 398,493.60
395,019.60
396,936.00
(24,422.40)
(2,996.40)
(21,696.00)
(2,664.04)
(4,819.18)
(3,784.34)

0.25 0.41

0.19 5.37

5.51 04/08/24 5.63
07/30/24
05565EBU8
254687FK7
69371RQ66
70,000.00 GOLDMAN
400,000.00 JPM_CHAS
175,000.00 MERRILL

97.52 98.03

96.82 68,266.45
392,135.60
169,439.55
(1,727.25)
(6,232.40)
(13,454.70)
(1,732.44)
(7,675.20)
(7,436.66)

0.53 0.50

1.00 5.53

5.21 5.05
DTD 02/06/2020 1.800% 02/06/2025

AMERICAN EXPRESS CO CORP NOTES
(CALLABLE
DTD 03/04/2022 2.250% 03/04/2025

ROCHE HOLDINGS INC (CALLABLE)

CORPORATE
DTD 03/10/2022 2.132% 03/10/2025

HOME DEPOT INC (CALLABLE) CORPORATE
NOTE
DTD 03/28/2022 2.700% 04/15/2025
CINTAS CORPORATION NO. 2 CORP NOTE
(CALL
025816CQ0
771196BT8
437076CM2
17252MAP5
80,000.00 BARCLAY
410,000.00 DEUTSCH
25,000.00 MORGAN_
65,000.00 KEYBANC
02/01/25
02/10/25
03/15/25
04/01/25

96.80 97.23

97.63 98.10
77,442.80
398,624.55
24,407.63
63,766.43
(2,476.40)
(11,375.45)
(548.62)
(2,527.93)
(11,375.45)
(575.13)

0.99 1.01

1.11 1.15

5.29 4.72

4.74 (1,219.27) (1,227.62) 5.03
DTD 05/03/2022 3.450% 05/01/2025

USAA CAPITAL CORP CORPORATE NOTES
DTD 05/26/2022 3.375% 05/01/2025

GENERAL DYNAMICS CORP (CALLABLE)

CORP NO
DTD 05/11/2018 3.500% 05/15/2025

JPMORGAN CHASE & CO (CALLABLE) CORP
NOTE
90327QD89
369550BG2
225,000.00 MERRILL
225,000.00 JPM_CHA

98.31 98.25
221,195.70
221,067.23
(3,068.55) (3,491.73) 1.23

1.10 4.78
03/15/25 4.91
06/01/24
(31,180.27) (10,850.62)
46647PCH7 315,000.00 JPM_CHA 98.33 309,748.01 (5,251.99) (5,251.99) 0.34 2.10 DTD 06/01/2021 0.824% 06/01/2025

Page 21 ends

Managed Account Fair Market Value & Analytics

AMAZON INC CORP NOTES (CALLABLE)
DTD 06/03/2020 0.800% 06/03/2025

NATIONAL AUSTRALIA BK/NY CORPORATE
NOTES
023135BQ8
63254ABD9
475,000.00 GOLDMAN
250,000.00 CITIGRP
05/03/25 95.09

98.21 451,686.05
245,520.50
(23,081.20)
(4,479.50)
(23,251.68)
(4,479.50)

1.25 1.33

4.61 4.88
DTD 06/09/2022 3.500% 06/09/2025

NATIONAL RURAL UTIL COOP CORPORATE
NOTES
63743HFE7 50,000.00 RBC 97.92 48,959.40 (1,027.10) (1,034.67) 1.35 5.03 DTD 05/04/2022 3.450% 06/15/2025

IBM CORP CORPORATE NOTES
DTD 07/27/2022 4.000% 07/27/2025

BANK OF AMERICA CORP NOTES
DTD 07/30/2015 3.875% 08/01/2025

ABBOTT LABORATORIES CORPORATE

NOTES (CAL
DTD 03/22/2017 3.875% 09/15/2025

BANK OF AMERICA CORP NOTES
(CALLABLE)
DTD 12/06/2021 1.530% 12/06/2025

JPMORGAN CHASE & CO CORP NOTES
(CALLABLE
DTD 02/24/2022 2.595% 02/24/2026

UNITEDHEALTH GROUP INC (CALLABLE)
CORPOR
DTD 05/19/2021 1.150% 05/15/2026

BMW US CAPITAL LLC (CALLABLE)

CORPORATE
DTD 08/12/2021 1.250% 08/12/2026

CATERPILLAR FINL SERVICE CORPORATE
NOTES
DTD 01/10/2022 1.700% 01/08/2027

TARGET CORP CORP NOTES (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
459200KS9
06051GFS3
002824BM1
225,000.00 JPM_CHA
225,000.00 MERRILL
225,000.00 US_BANC

99.02 98.47

99.00 222,804.00
221,553.45
222,757.43
(2,196.00)
(35,365.05)
(35,088.07)
(2,196.00)
(13,108.65)
(11,785.13)

1.46 1.45

1.33 4.68

4.95 06/15/25 4.52
12/06/24
02/24/25
04/15/26
07/12/26
06051GKE8
46647PCV6
91324PEC2
05565EBW4
14913R2U0
87612EBM7
225,000.00 MERRILL
175,000.00 JPM_CHA
225,000.00 CITIGRP
175,000.00 MITSU
225,000.00 JPM_CHA
40,000.00 CITIGRP

96.49 97.10

92.78 91.76

92.94 93.49
217,100.48
169,919.58
208,744.65
160,583.50
209,105.33
37,395.92
(7,899.52)
(5,080.42)
(15,863.85)
(14,364.00)
(14,758.42)
(2,536.08)
(7,899.52)
(5,080.42)
(16,076.15)
(14,389.90)
(15,225.77)
(2,563.70)

0.85 1.05

2.18 2.40

2.87 2.80

3.51 4.07

4.50 4.74

4.28 12/15/26 4.32

Page 22 ends

Managed Account Fair Market Value & Analytics

BANK OF NY MELLON CORP (CALLABLE)
CORPOR
DTD 01/26/2022 2.050% 01/26/2027

MICROSOFT CORP CORP NOTES
(CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027

AMERICAN EXPRESS CO CORP NOTES
(CALLABLE
DTD 03/04/2022 2.550% 03/04/2027

BERKSHIRE HATHAWAY CORP NOTES
(CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027

CHARLES SCHWAB CORP NOTES
(CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027

NATIONAL AUSTRALIA BK/NY CORPORATE
NOTES
06406RBA4
594918BY9
025816CS6
084664CZ2
808513BW4
63254ABE7
475,000.00 DEUTSCH
750,000.00 GOLDMAN
300,000.00 RBS
12/26/26
11/06/26
02/01/27
02/15/27
01/01/27

93.26 97.49

93.70 94.48

95.91 98.25
442,989.28
731,166.75
281,088.00
448,790.45
287,721.00
491,228.00
(30,956.22)
9,224.25
(31,380.56)
2,890.59

2.83 2.62

2.87 2.93

2.77 3.16

4.48 4.19

4.76 4.20

4.70 4.47
3,885.00 (1,852.09)
(20,649.95)
(663.51)
475,000.00 SEEL (17,298.55)
300,000.00 BARCLAY 2,796.00
500,000.00 CBAA 2,903.00 142.66
DTD 06/09/2022 3.905% 06/09/2027

APPLE INC (CALLABLE) BONDS
DTD 09/12/2017 2.900% 09/12/2027

TOYOTA MOTOR CREDIT CORP

CORPORATE NOTES
037833DB3
89236TKQ7
775,000.00 TD 06/12/27 95.51 740,178.48
377,454.38
(884.27)
1,171.88
(8,381.34)
1,425.95

3.19 3.65

4.25 375,000.00 WELLS_F 100.65 4.44
DTD 01/12/2023 4.625% 01/12/2028

NATIONAL RURAL UTIL COOP CORP NOTES
(CAL
DTD 02/07/2018 3.400% 02/07/2028

TEXAS INSTRUMENTS INC CORP NOTE
(CALLABL
DTD 11/18/2022 4.600% 02/15/2028

BRISTOL-MYERS SQUIBB CO CORP NOTES
(CALL
637432NP6
882508BV5
110122DE5
350,000.00 MORGAN_
85,000.00 JPM_CHA
375,000.00 MKTX
11/07/27
01/15/28
11/20/27

95.98 101.09

98.08 335,931.75
85,927.35
367,781.63
6,742.75
(1,116.05)
9,517.88
2,789.69
(805.28)
6,504.43

3.50 3.59

3.51 4.50

4.30 4.42
DTD 07/15/2020 3.900% 02/20/2028

Page 23 ends

Managed Account Fair Market Value & Analytics

LOCKHEED MARTIN CORP NOTES
(CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028

JOHN DEERE CAPITAL CORP CORPORATE
NOTES
DTD 07/14/2023 4.950% 07/14/2028

CITIBANK NA CORP NOTES (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
539830BZ1
24422EXB0
17325FBB3
60,000.00 BARCLAY
375,000.00 CITIGRP
750,000.00 BARCLAY
04/15/28
08/29/28
100.08
102.07
103.79
60,048.00 156.00 141.02 3.85

4.05 4.43
382,768.50 4,903.50 5,204.83 4.43
778,422.00 32,142.00 31,928.04 4.02 4.88
Security Type Sub-Total
Certificate of Deposit
11,965,000.00 11,676,188.69 (266,904.86) (196,169.63) 2.13 4.61

TORONTO DOMINION BANK NY CERT
DEPOS
DTD 10/31/2022 5.600% 10/27/2025

NORDEA BANK ABP NEW YORK CERT
DEPOS
89115B6K1
65558UYF3
450,000.00 TD 101.56
100.18
457,033.71
450,826.65
7,033.71
826.65
7,033.71
826.65

1.70 1.68

4.58 450,000.00 WELLS_F 5.41
DTD 11/03/2022 5.530% 11/03/2025
Security Type Sub-Total
Asset-Backed Security
900,000.00 907,860.36 7,860.36 7,860.36 1.69 4.99
HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
HART 2021-C A3
44933LAC7
65480BAC1
89190GAC1
43815GAC3
14314QAC8
44935FAD6
18,336.11 BARCLAY
120,292.16 MITSU
118,768.93 CITIGRP
64,458.89 MERRILL
39,613.16 MERRILL
50,986.18 SMBC

98.78 98.06

98.04 97.28

97.96 97.51
18,111.80
117,960.53
116,441.33
62,704.24
38,806.77
49,718.75
(222.38)
(2,329.58)
(2,314.80)
(1,741.07)
(797.84)
(223.60)
(2,330.82)
(2,322.42)
(1,748.21)
(802.77)

0.22 0.36

0.33 0.57

0.34 0.49

1.14 1.48

1.36 2.29

1.53 (1,256.04) (1,261.64) 1.85
DTD 11/17/2021 0.740% 05/15/2026

Page 24 ends

Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
Security Type/Description Next Call
Date
Market
Price
Market
Value
Unreal G/L
On Cost
Unreal G/L
Amort Cost
Effective
Duration
YTM
Dated Date/Coupon/Maturity CUSIP Par Broker at Mkt
Asset-Backed Security
DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
HAROT 2023-4 A3
254683CP8
362554AC1
14318MAD1
65480JAC4
36265QAD8
891940AC2
14041NGB1
41285JAD0
344928AD8
43815QAC1
254683CY9
05522RDG0
02582JJZ4
14041NGD7
254683CZ6
438123AC5
31680EAD3
195,000.00 CITIGRP
57,381.81 JPM_CHA
210,000.00 RBC

97.17 96.81
189,486.96
55,549.12
(5,471.29)
(1,831.22)
(2,641.61)
(977.48)
(517.94)
(873.04)
273.57
(5,491.01)
(1,831.90)
(2,643.22)
(985.89)
(530.09)
(873.07)
263.89

0.61 0.61

0.96 1.24

1.15 1.36

1.59 1.51

1.59 1.81

1.97 2.11

2.10 2.11

2.18 2.08

1.88 1.68

1.93 4.39

4.70 4.88

4.74 4.92

5.12 4.76

5.09 4.55

4.76 4.79

4.50 4.74

5.15 5.30

98.74 207,353.43
138,993.55
274,436.99
244,126.84
245,235.13
169,571.63
129,460.60
323,708.38
317,074.11
170,223.57
190,618.98
488,432.15
352,667.00
86,746.75
140,000.00 WELLS_F
275,000.00 RBC

99.28 99.80
245,000.00 MERRILL
245,000.00 RBC

99.64 100.10
170,000.00 JPM_CHA 99.75
130,000.00 BNP_PAR
320,000.00 MERRILL
320,000.00 RBC
(411.25)
(525.84)
3,774.36
(2,907.33)
262.06
(414.59)
(528.18)
3,767.81
(2,910.38)
257.13

99.59 101.16

99.09 170,000.00 MERRILL
190,000.00 RBC
100.13
100.33

99.68 635.83 633.65
490,000.00 RBC (1,455.49)
2,714.28
1,761.72
3,220.88
(1,471.13)
2,708.60
1,761.06
3,218.95
350,000.00 MERRILL
85,000.00 JPM_CHA
350,000.00 JPM_CHA
100.76
102.06
100.91
DTD 11/08/2023 5.670% 06/21/2028
FITAT 2023-1 A3 353,199.18
DTD 08/23/2023 5.530% 08/15/2028

Page 25 ends

Managed Account Fair Market Value & Analytics

2.39 2.39

2.54 4.79

4.81 4.72
DTD 12/14/2023 4.980% 11/15/2028
Security Type Sub-Total 5,349,837.24 5,350,989.42
51,870,987.01
1,884.90 1,749.28 1.73

2.49 4.42
Managed Account Sub-Total 53,627,684.20 (219,866.15) (565,044.87) 4.33 Joint Powers Authority
CAMP Pool 191,349.05 1.00 191,349.05 0.00 0.00 0.00
Liquid Sub-Total 191,349.05 191,349.05 0.00 0.00 0.00
Securities Sub-Total
Accrued Interest
Total Investments
$53,819,033.25 $52,062,336.06
$240,417.99
$52,302,754.05
($219,866.15) ($565,044.87) 2.49 4.33%

Page 26 ends

Managed Account Security Transactions & Interest

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
Transaction Type Principal
Proceeds
Accrued
Interest
Realized G/L Realized G/L
Cost Amort Cost
Sale
Trade Method
BUY
Settle Security Description CUSIP Par Total
01/02/24 01/05/24 US TREASURY NOTES 91282CFZ9 1,175,000.00 (1,170,501.95) (4,478.48) (1,174,980.43) DTD 11/30/2022 3.875% 11/30/2027
Transaction Type Sub-Total

INTEREST
1,175,000.00 (1,170,501.95) (4,478.48) (1,174,980.43)
01/01/24 01/01/24 FL ST BOARD OF ADMIN TXBL REV
BONDS
341271AD6 310,000.00 0.00 1,949.90 1,949.90
DTD 09/16/2020 1.258% 07/01/2025

CT ST TXBL GO BONDS
DTD 06/11/2020 1.998% 07/01/2024
FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
FHMS K064 A2
DTD 05/15/2017 3.224% 03/01/2027
FHMS K058 A2
DTD 11/09/2016 2.653% 08/01/2026
FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028

FHLMC MULTIFAMILY STRUCTURED P
DTD 07/01/2017 3.243% 04/01/2027
FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FHMS K061 A2
01/01/24
01/01/24
01/01/24
01/01/24
01/01/24
01/01/24
01/01/24
01/01/24
01/01/24
01/01/24
01/01/24
01/01/24
01/01/24
01/01/24
01/25/24
01/25/24
01/25/24
01/25/24
01/25/24
01/25/24
01/25/24
01/25/24
01/25/24
01/25/24
01/25/24
01/25/24
20772KJW0
3137HBC69
3137HB3G7
3137BXQY1
3137BSP72
3137HAMH6
3137HB3D4
3137F1G44
3137HACX2
3137HAST4
3136BQDE6
3137HAD45
3137BTUM1
60,000.00
400,000.00
275,000.00
550,000.00
550,000.00
800,000.00
180,000.00
550,000.00
550,000.00
375,000.00
550,000.00
438,814.98
379,432.02

0.00 0.00

0.00 599.40
1,619.33
1,113.75
1,477.67
1,215.96
3,100.00
760.35
599.40
1,619.33
1,113.75
1,477.67
1,215.96
3,100.00
760.35
1,486.38
2,208.71
1,515.63
1,920.42
1,746.85
1,058.30
1,486.38
2,208.71
1,515.63
1,920.42
1,746.85
1,058.30
DTD 01/30/2017 3.347% 11/01/2026

Page 27 ends

Managed Account Security Transactions & Interest

INTEREST
01/01/24
01/01/24
01/01/24
01/01/24
01/08/24
01/25/24
01/25/24
01/25/24
01/25/24
01/08/24
FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
FHMS K054 A2
DTD 04/20/2016 2.745% 01/01/2026

GOLDMAN SACHS GROUP INC
(CALLABLE) BONDS
3137BGK24 246,403.24
500,000.00
500,000.00
275,000.00
400,000.00

0.00 628.74 628.74
3137HAQ74
3137HAMS2
3137BNGT5
38141EC23

0.00 0.00

0.00 0.00
1,975.00
2,000.00
629.06
1,975.00
2,000.00
629.06
7,700.00 7,700.00
DTD 07/08/2014 3.850% 07/08/2024

CATERPILLAR FINL SERVICE

CORPORATE NOTES
DTD 01/10/2022 1.700% 01/08/2027

TOYOTA MOTOR CREDIT CORP

CORPORATE NOTES
DTD 01/12/2023 4.625% 01/12/2028

JOHN DEERE CAPITAL CORP

CORPORATE NOTES
01/08/24
01/12/24
01/14/24
01/08/24
01/12/24
01/14/24
14913R2U0
89236TKQ7
24422EXB0
225,000.00
375,000.00
375,000.00

0.00 0.00

0.00 1,912.50
8,671.88
9,281.25
1,912.50
8,671.88
9,281.25
DTD 07/14/2023 4.950% 07/14/2028
DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
COMET 2022-A3 A
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
254683CP8
161571HT4
05522RDH8
14041NGD7
65480JAC4
65480BAC1
14041NGB1
195,000.00
405,000.00
180,000.00
490,000.00
140,000.00
133,305.37
245,000.00

0.00 0.00

0.00 94.25
1,741.50
771.90

94.25 1,741.50
771.90
1,804.83
520.33
1,804.83
520.33

36.66 36.66
1,010.63 1,010.63
DTD 11/03/2022 4.950% 10/15/2027

Page 28 ends

Managed Account Security Transactions & Interest

INTEREST
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028

TARGET CORP CORP NOTES
(CALLABLE)
14318MAD1 210,000.00
132,375.83
170,000.00
40,000.00

0.00 694.75 694.75
89190GAC1
05522RDG0
87612EBM7

0.00 0.00

0.00 28.68
678.58
390.00

28.68 678.58
390.00
DTD 01/24/2022 1.950% 01/15/2027
FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
GMCAR 2022-4 A3
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/16/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/15/24
01/16/24
344928AD8
31680EAD3
14314QAC8
254683CZ6
44933LAC7
891940AC2
254683CY9
02582JJZ4
44935FAD6
02582JKD1
41285JAD0
36265QAD8
130,000.00
350,000.00
44,027.41
350,000.00
21,690.17
245,000.00
320,000.00
190,000.00
55,241.14
410,000.00
170,000.00
275,000.00

0.00 0.00

0.00 0.00
503.75
1,612.92

19.08 503.75
1,612.92

19.08 1,437.92

6.87 1,437.92

6.87 945.29
1,149.33
771.08

34.07 945.29
1,149.33
771.08

34.07 1,786.92
715.42
1,104.58
1,786.92
715.42
1,104.58
DTD 10/12/2022 4.820% 08/16/2027

Page 29 ends

Managed Account Security Transactions & Interest

INTEREST
01/16/24
01/18/24
01/21/24
01/21/24
01/21/24
01/26/24
01/16/24
01/18/24
01/21/24
01/21/24
01/21/24
01/26/24
GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028

FREDDIE MAC NOTES
DTD 07/23/2020 0.375% 07/21/2025

BANK OF NY MELLON CORP (CALLABLE)
CORPOR
362554AC1 61,236.98 0.00 34.70 34.70
43815QAC1
43815GAC3
438123AC5
3137EAEU9
06406RBA4
320,000.00
69,655.21
85,000.00
425,000.00
475,000.00

0.00 0.00

0.00 1,442.67

51.08 1,442.67

51.08 401.63
796.88
4,868.75
401.63
796.88
4,868.75
DTD 01/26/2022 2.050% 01/26/2027

IBM CORP CORPORATE NOTES
DTD 07/27/2022 4.000% 07/27/2025

US TREASURY NOTES
DTD 07/31/2021 0.625% 07/31/2026

US TREASURY NOTES
01/27/24
01/31/24
01/31/24
01/27/24
01/31/24
01/31/24
459200KS9
91282CCP4
91282CFB2
225,000.00
3,800,000.00
2,600,000.00

0.00 0.00

0.00 4,500.00
11,875.00
35,750.00
4,500.00
11,875.00
35,750.00
DTD 07/31/2022 2.750% 07/31/2027
Transaction Type Sub-Total

PAYDOWNS
21,827,182.35 0.00 132,151.13 132,151.13
01/01/24
01/01/24
01/01/24
01/01/24
01/15/24
01/15/24
01/25/24
01/25/24
01/25/24
01/25/24
01/15/24
01/15/24
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
FHMS K061 A2
DTD 01/30/2017 3.347% 11/01/2026
CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
TAOT 2021-B A3
3137HAD45
3137BGK24
3137HBC69
3137BTUM1
14314QAC8
89190GAC1
225.92
406.84
225.92
406.84

0.00 0.00

0.00 0.00
225.92
406.84

0.01 0.00
(20.15)

0.00 0.00

0.00 0.00
458.99 458.99 458.99
711.53 711.53 711.53 21.90
4,414.25 0.95
13,606.90
4,414.25
13,606.90
4,414.25
13,606.90 1.47
DTD 06/14/2021 0.260% 11/17/2025

Page 30 ends

Managed Account Security Transactions & Interest

PAYDOWNS
01/15/24
01/15/24
01/15/24
01/16/24
01/21/24
01/15/24
01/15/24
01/15/24
01/16/24
01/21/24
HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
GMCAR 2021-4 A3
44935FAD6 4,254.96 4,254.96 0.00 4,254.96 0.95

0.22 0.35

0.10 1.10

0.00 65480BAC1
44933LAC7
362554AC1
43815GAC3
13,013.21
3,354.06
3,855.17
5,196.32
13,013.21
3,354.06
3,855.17
5,196.32

0.00 0.00

0.00 0.00
13,013.21
3,354.06
3,855.17
5,196.32

0.00 0.00

0.00 0.00
DTD 10/21/2021 0.680% 09/16/2026
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
Transaction Type Sub-Total
SELL
49,498.15 49,498.15 0.00 49,498.15 6.90 0.00
01/02/24
01/02/24
01/02/24
01/04/24
01/05/24
01/05/24

PNC BANK NA CORP NOTES (CALLABLE)
DTD 01/23/2019 3.500% 01/23/2024

FEDERAL HOME LOAN BANK NOTES
DTD 04/16/2020 0.500% 04/14/2025

FANNIE MAE NOTES
693475AV7
3130AJHU6
3135G03U5
400,000.00
350,000.00
350,000.00
399,476.00
332,097.50
332,342.50
6,261.11
393.75
443.58
405,737.11
332,491.25
332,786.08
(3,372.00)
(16,166.50)
(16,936.50)
(524.00)
(17,459.93)
(17,470.53)
FIFO
FIFO
FIFO
DTD 04/24/2020 0.625% 04/22/2025
Transaction Type Sub-Total
Managed Account Sub-Total
Total Security Transactions
1,100,000.00 1,063,916.00
(57,087.80)
($57,087.80)
7,098.44
134,771.09
$134,771.09
1,071,014.44
77,683.29
(36,475.00)
(36,468.10)
($36,468.10)
(35,454.46)
(35,454.46)
$77,683.29 ($35,454.46)

Page 31 ends

Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
Trade
Date
Settlement
Date
Share or
Unit Price
Dollar Amount
of Transaction
Total
Transaction Description Shares Owned
CAMP Pool
Opening Balance
01/02/24
01/02/24
01/02/24
01/02/24
01/04/24
01/04/24
01/05/24
01/05/24
01/05/24
01/05/24
01/05/24
01/05/24
01/08/24
01/08/24
01/12/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
116,772.96
117,372.36
119,322.26
119,759.76
119,947.26
519,423.26
525,684.37
857,781.87
858,175.62
858,619.20
1,190,961.70
20,459.75
15,981.27
17,893.77
25,593.77
34,265.65
43,546.90
43,936.90
44,707.98
46,494.90
47,173.48
47,945.38
01/02/24
01/02/24
01/02/24
01/02/24
01/04/24
01/04/24
01/05/24
01/05/24
01/05/24
01/05/24
01/05/24
01/05/24
01/08/24
01/08/24
01/12/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
Purchase - Interest 20772KJW0
Purchase - Interest 341271AD6
Purchase - Interest 912828YY0
Purchase - Interest 912828ZW3
Purchase - Principal 693475AV7
Purchase - Interest 693475AV7
Purchase - Principal 3130AJHU6
Purchase - Interest 3130AJHU6
Purchase - Interest 3135G03U5
Purchase - Principal 3135G03U5
Redemption - Principal 91282CFZ9
Redemption - Interest 91282CFZ9
Purchase - Interest 14913R2U0
Purchase - Interest 38141EC23
Purchase - Interest 89236TKQ7
Purchase - Interest 24422EXB0
Purchase - Interest 87612EBM7
Purchase - Interest 02582JJZ4
Purchase - Interest 02582JKD1
Purchase - Interest 05522RDG0
Purchase - Interest 05522RDH8

1.00 1.00

1.00 599.40
1,949.90
437.50
187.50
399,476.00
6,261.11
332,097.50
393.75
443.58
332,342.50
(1,170,501.95)
(4,478.48)
1,912.50
7,700.00
8,671.88
9,281.25
390.00
771.08
1,786.92
678.58
771.90

Page 32 ends

Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
For the Month Ending January 31, 2024
Trade
Date
Settlement
Date
Share or
Unit Price
Dollar Amount
of Transaction
Total
Transaction Description Shares Owned
CAMP Pool
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
01/16/24
Purchase - Interest 14041NGB1
Purchase - Interest 14041NGD7
Purchase - Interest 14314QAC8
Purchase - Interest 14318MAD1
Purchase - Interest 161571HT4
Purchase - Interest 254683CP8
Purchase - Interest 254683CY9
Purchase - Interest 31680EAD3
Purchase - Interest 344928AD8
Purchase - Interest 41285JAD0
Purchase - Interest 44933LAC7
Purchase - Interest 44935FAD6
Purchase - Interest 65480JAC4
Purchase - Interest 254683CZ6
Purchase - Interest 362554AC1
Purchase - Interest 36265QAD8
Purchase - Interest 65480BAC1
Purchase - Interest 89190GAC1
Purchase - Interest 891940AC2
Purchase - Principal 14314QAC8
Purchase - Principal 44933LAC7
Purchase - Principal 44935FAD6

1.00 1.00

1.00 1.00
1,010.63
1,804.83

19.08 48,956.01
50,760.84
50,779.92
51,474.67
53,216.17
53,310.42
54,459.75
56,072.67
56,576.42
57,291.84
57,298.71
57,332.78
57,853.11
59,291.03
59,325.73
60,430.31
60,466.97
60,495.65
61,440.94
65,855.19
69,209.25
73,464.21
694.75
1,741.50

94.25 1,149.33
1,612.92
503.75
715.42

6.87 34.07
520.33
1,437.92

34.70 1,104.58

36.66 28.68
945.29
4,414.25
3,354.06
4,254.96

Page 33 ends

Account Statement

1.00 1.00

1.00 1.00
13,013.21
13,606.90
3,855.17
1,442.67
796.88
86,477.42
100,084.32
103,939.49
105,382.16
106,179.04
106,230.12
106,631.75
111,828.07
107,840.27
107,617.98
109,237.31
110,351.06
111,111.41
112,627.04
114,602.04
116,602.04
119,702.04
121,448.89
123,657.60
125,143.98
126,621.65
127,679.95

51.08 401.63
5,196.32
(3,987.80)
(222.29)
1,619.33
1,113.75
760.35
U.S. Bank Fees November 2023
Purchase - Interest 3137HBC69
Purchase - Interest 3137HB3G7
Purchase - Interest 3137HB3D4
Purchase - Interest 3137HAST4
Purchase - Interest 3137HAQ74
Purchase - Interest 3137HAMS2
Purchase - Interest 3137HAMH6
Purchase - Interest 3137HAD45
Purchase - Interest 3137HACX2
Purchase - Interest 3137F1G44
Purchase - Interest 3137BXQY1
Purchase - Interest 3137BTUM1
1,515.63
1,975.00
2,000.00
3,100.00
1,746.85
2,208.71
1,486.38
1,477.67
1,058.30

Page 34 ends

Account Statement

1.00 1.00

1.00 1,215.96
629.06
128,895.91
129,524.97
130,153.71
132,074.13
132,533.12
132,759.04
133,165.88
133,877.41
138,746.16
143,246.16
155,121.16
190,871.16
191,349.05
628.74
1,920.42
458.99
225.92
406.84
711.53
4,868.75
4,500.00
11,875.00
35,750.00
Accrual Income Div Reinvestment - Distributions 477.89

Page 35 ends

Account Statement For the Month Ending January 31, 2024

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Trade
Date
Settlement
Date
Share or
Unit Price
Dollar Amount
of Transaction
Total
Transaction Description Shares Owned
Closing Balance 191,349.05
Month of Fiscal YTD
January January-January
Opening Balance
Purchases
Redemptions (Excl. Checks)
Check Disbursements
116,772.96
1,253,766.61
(1,179,190.52)

0.00 116,772.96
1,253,766.61
(1,179,190.52)

0.00 Closing Balance
Average Monthly Balance
Monthly Distribution Yield
191,349.05
101,882.98

5.54%
Closing Balance 191,349.05 191,349.05
Cash Dividends and Income 477.89 477.89

Page 36 ends

Review of Investment Performance
CAMP Accounts
City Of Lake Elsinore
Investment Performance Review
For the Quarter Ended December 31, 2023
Client Management Team PFM Asset Management LLC
NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUE
For Institutional Investor or Investment Professional Use Only - This material is not for inspection by, distribution to, or quotation to the general public Market Update
© PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Market Update
Current Market Themes
▸ The U.S. economy is characterized by:
▹ Economic resilience but expectations for a slowdown
▹ Cooling inflation that still remains above the Federal Reserve’s (“Fed”) target ▹ The labor market coming into better balance
▹ Consumers that continue to support growth through spending ▸ Federal Reserve signals end to rate hiking cycle
▹ Fed projected to cut the short-term Fed funds rate by 75 basis points by December 2024, with the overnight rate falling to 4.50% to 4.75%
▹ Markets are pricing a more aggressive 6 rate cuts by year end ▹ Fed officials reaffirm that restoring price stability is the priority ▸ Treasury yields ended the quarter materially lower
▹ After peaking in October, yields reversed course on dovish Fed pivot ▹ Yield curve inversion persisted throughout the rally
▹ Credit spreads narrowed sharply on increased expectations for a soft landing 1 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Market Update
While Up in December, Inflation Trended Lower During The Quarter Factors Contributing to the Consumer Price Index (CPI YoY) Food Energy Core Goods Core Services CPI
10%
8%
6%
4%
2%
0%
-2%
Lower energy
and goods prices
helped to offset
increases in
wage-driven
services costs
Dec - 23

3.4%
Jan-20 Jul-20 Jan-21 Jul-21 Jan-22 Jul-22 Jan-23 Jul-23 Source: Bloomberg, as of December 2023.
2 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Market Update
Balanced Risks Support Soft Landing U.S. GDP Forecasts
Annualized Rate
Actual Range Median of Forecasts
Employment
Wages

6.0%

5.0%

4.0%

3.0%

2.0%

1.0%

0.0%
Consumer 4.9%
Inflation
Housing

2.6%
Manufacturing
Inverted yield curve
Credit spreads
Fed Policy

2.2% 2.1% 1.7%

1.3%
Q1 '23 Q2 '23 Q3 '23 Q4 '23 2024 2025
Source: Bloomberg, Economist Forecasts.
3 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Market Update
Federal Reserve Projects a Soft Landing
Change in Real GDP Unemployment Rate
6%
5%
4%
3%
2%
1%
0%
4%
3%
2%
1%
0%
September Projections December Projections September Projections December Projections

4.1% 4.1% 4.1% 4.1% 2.6% 3.8%

1.8% 1.9% 1.8%

1.4%
2023 2024 2025 2026 Longer
Run
2023 2024 2025 2026 Longer
Run
PCE Inflation Federal Funds Rate
5% 8%
September Projections December Projections September Projections December Projections 4%
3%
2%
1%
0%
6%
4%
2%
0%

5.4%

2.8% 4.6%

2.4% 3.6%

2.9%

2.1% 2.0% 2.0%

2.5%
2023 2024 2025 2026 Longer
Run
2023 2024 2025 2026 Longer
Run
Source: Federal Reserve, latest economic projections as of December 2023. 4 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Market Update
Market Expects Lower Rates
Implied Fed Funds Rate
6-Month Range Fed Funds as of December 29, 2023 Fed Funds as of September 29, 2023

6.00%

5.50%

5.00%

4.50%

4.00%

3.50%

3.00%

2.50%

2.00%
Expectations for
Fed Funds have
reached their
most dovish
levels in 6
months in
response to
falling inflation,
Fed pivot and
-89 bps moderating
labor market
-108 bps
Dec-23 Jun-24 Dec-24 Jun-25 Dec-25
Source: Bloomberg, as of December 2023.
5 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Market Update
Rates Fall on Softer Inflation and Fed Pivot
2-Year US Treasury Yield

5.50%

5.25%

5.00%

4.75%

4.50%

4.25%
November 14th
CPI inflation cools more
than markets expected
-20 bps
December 13th
Fed releases updated
dot plot showing 3 cuts
November 1 in ’24 st - 3rd
Fed keeps rates
unchanged and
Treasury slows pace
of debt issuance
-25 bps
-30 bps
Week of November 27th
Fed speeches portend
policy shift
-41 bps

4.00%
Oct-23 Nov-23 Dec-23 Jan-24
Source: Bloomberg, as of 12/31/2023.
6 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Market Update
Interest Rates Moderate But Remain High
U.S. Treasury Yield Curve

6.0%

5.33%

5.0%

4.25%

4.03%

3.85% 3.88%

4.0%

3.0%

2.0%

1.0%

0.0%
15 Year Range
December 31, 2023
September 30, 2023
3-Month 2-Year 5-Year 10-Year 30-Year
Maturity
Source: Bloomberg, as of December 31, 2023.
7 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Market Update
Sector Yield Spreads
Federal Agency Yield Spreads Corporate Notes A-AAA Yield Spreads

0.8%

0.6%

0.4%

0.2%

0.0%

1.2%

1.0%

0.8%

0.6%

0.4%

0.2%

0.0%
Bullet Callable
Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Mortgage-Backed Securities Yield Spreads Asset-Backed Securities AAA Yield Spreads

1.2% 1.5% Agency MBS Agency CMBS Index

1.0%

0.8%

0.6%

0.4%

0.2%

0.0%

1.0%

0.5%

0.0%
Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Dec-22 Mar-23 Jun-23 Sep-23 Dec-23 Source: ICE BofA 1-5 year Indices via Bloomberg, MarketAxess and PFMAM as of December 31, 2023. Spreads on ABS and MBS are option-adjusted spreads of 0-5 year indices based on weighted average life; spreads on agencies are relative to comparable maturity Treasuries.

CMBS is Commercial Mortgage-Backed Securities and represented by the ICE BofA Agency CMBS Index. 8 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Market Update
Fixed-Income Markets in 4Q 2023
1-5 Year Indices
1-5 Year Indices Quarterly Returns 1-Year Return

5.0%

4.0%

3.0%

2.0%

1.0%

0.0%

8.0%

7.0% 6.82%

4.13%

3.82% 5.89% 6.0%

5.0%

4.0%

3.0%

2.0%

1.0%

0.0%

5.40%

3.10%

4.69% 2.81% 4.30%

2.47%
Source: ICE BofA Indices. ABS indices are 0-5 year, based on weighted average life. As of December 31, 2023. 9 © PFM Asset Management LLC | pfmam.com
Portfolio Review
© PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Snapshot
Portfolio Snapshot¹
Portfolio Statistics Sector Allocation
Total Market Value
Managed Account Sub-Total
Accrued Interest
$52,137,217.16
$51,767,158.04
$253,286.16
$116,772.96
U.S. Treasury | 41%
Corporate | 23%
Pool Agency CMBS | 14%
ABS | 10%
Federal Agency | 5%
Municipal | 3%
Negotiable CD | 2%
Supranational | 1%
JointPowers Authority | <1%
Portfolio Effective Duration
Benchmark Effective Duration
Yield At Cost

2.52 years

2.53 years

3.49%
Yield At Market 4.34%
Portfolio Credit Quality AA
Credit Quality - S&P Duration Distribution
Portfolio Benchmark
AAA | 12%
50%
40%
30%
20%
10%
0%
AAAm | <1% 45%
AA+ | 62%
AA| 4%
AA- | 4%
A+ | 3%
A | 5%
A- | 7%
BBB+ | 1%
Not Rated | 2%
34%
27%
19% 21% 18%
14%
9% 9%
4%
0-1 Yr 1-2 Yrs 2-3 Yrs 3-4 Yrs 4-5 Yrs

1. Total market value includes accrued interest and balances invested in CAMP, as of December 31, 2023.

Yield and duration calculations exclude balances invested in CAMP.

The portfolio’s benchmark is the ICE BofA 1-5 Year U.S. Treasury Index. Source: Bloomberg.

An average of each security’s credit rating was assigned a numeric value and adjusted for its relative weighting in the portfolio. 10 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Sector Analytics
Sector Allocation Analytics
U.S. Treasury I $21,516,693
Federal Agency I $2,796,048
Agency MBS I $7,112,424
Supranational I $615,446
Municipal I $1,479,697

41.3%

5.4%

13.6%

1.2%

2.8%
Negotiable CD I $914,348
Corporate I $12,177,870
Asset-Backed I $5,407,918
CAMP I $116,773

1.8%

23.4%

10.4%

0.2%
0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%
Sector Limit for Analysis* Portfolio Allocation
For informational/analytical purposes only and is not provided for compliance assurance. Includes accrued interest. *Sector Limit for Analysis is as derived from our interpretation of your most recent Investment Policy as provided. 11 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Compliance
Certificate of Compliance
During the reporting period for the quarter ended December 31, 2023, the account(s) managed by PFM Asset Management ("PFMAM") were in compliance with the applicable investment policy and guidelines as furnished to PFMAM.

Acknowledged : PFM Asset Management LLC
Note: Pre- and post-trade compliance for the account(s) managed by PFM Asset Management is provided via Bloomberg Asset and Investment Management ("AIM"). 12 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Portfolio Activity
Net Activity by Sector
($ millions)
Sector Net Activity
$1,704,970
$527,867
Agency CMBS
Corporate Agency CMBS
Corporate
ABS
ABS $105,973
U.S. Treasury
Supranational
Federal Agency
Total Net Activity
($255,496)
($500,625)
($1,301,422)
$281,267
U.S. Treasury
Supranational
Federal Agency
a
e
($1.5) ($1.0) ($0.5)
Sales/Maturities
$0.0 $0.5 $1.0 $1.5 $2.0
Purchases
Based on total proceeds (principal and accrued interest) of buys, sells, maturities, and principal paydowns. Detail may not add to total due to rounding. 13 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Characteristics
Historical Sector Allocation
10% 10%
22%
2%
23%
2% 3% 3% 2% 1%
10% 14%
8% 5%
42% 41%
Only includes fixed-income securities held within the separately managed account(s) and LGIPs managed by PFMAM. 14 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Performance
Portfolio Performance
Portfolio Benchmark

6.0%

4.0%

2.0%

0.0%
-2.0%
3 Months 1 Year 3 Years 5 Years 10 Years
Market Value Basis Earnings 3 Months 1 Year 3 Years 5 Years 10 Years¹ Interest Earned²
Change in Market Value
Total Dollar Return
Total Return³
$342,941
$1,323,515
$1,666,456
$1,086,145
$1,200,023
$2,286,168
$1,949,849
($1,640,737)
$309,112
$3,467,413
$93,247
$5,928,488
($246,419)
$3,560,660 $5,682,069
Portfolio 3.30%

3.10%

0.20%

4.93%

4.30%

0.63%
-0.50%
-0.76%

0.26%

1.53%

1.21%

0.32%

1.43%

1.15%

0.28%
Benchmark⁴
Difference

1. The lesser of 10 years or since inception is shown. Since inception returns for periods one year or less are not shown. Performance inception date is September 30, 2010.

2. Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.

3. Returns for periods one year or less are presented on a periodic basis. Returns for periods greater than one year are presented on an annualized basis.

4. The portfolio’s benchmark is the ICE BofA 1-5 Year U.S. Treasury Index. Source: Bloomberg. 15 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Performance
Accrual Basis Earnings
Accrual Basis Earnings 3 Months 1 Year 3 Years 5 Year 10 Year¹ Interest Earned² $342,941
($98,240)
$99,125
$1,086,145
($468,974)
$457,835
$1,949,849
($708,094)
$357,676
$3,467,413
($4,490)
$5,928,488
Realized Gains / (Losses)³ ($7,046)
Change in Amortized Cost
Total Earnings
$398,797
$3,861,721
$217,028
$343,825 $1,075,007 $1,599,431 $6,138,470

1. The lesser of 10 years or since inception is shown. Performance inception date is September 30, 2010.

2. Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.

3. Realized gains / (losses) are shown on an amortized cost basis. 16 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Market Update
Fixed-Income Sector Outlook – 1Q 2024
Sector Our Investment Preferences

C O M M E R C I A L PA P E R
/ C D

T R E A S U R I E S
T-Bill
T-Note

F E D E R A L A G E N C I E S
Bullets
Callables

S U P R A N AT I O N A L S

C O R P O R AT E S
Financials
Industrials

S E C U R I T I Z E D
Asset-Backed
Agency Mortgage-Backed
Agency CMBS

M U N I C I PA L S
Slightly
Negative
Slightly
Positive Current outlook Outlook one quarter ago Negative Neutral Positive 17 © PFM Asset Management LLC | pfmam.com
Issuer Distribution
© PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Summary
Issuer Diversification
Security Type / Issuer
U.S. Treasury
Market Value (%) S&P / Moody's / Fitch Security Type / Issuer Market Value (%) S&P / Moody's / Fitch

41.4% Corporate 23.4%
UNITED STATES TREASURY 41.4% AA / Aaa / AA ABBOTT LABORATORIES AMAZON.COM INC

0.4%

0.9%

0.7%

0.8%

1.4%

0.9%

0.4%

0.7%

0.4%

0.8%

0.1%

1.5%

0.8%

0.4%

0.8%

0.0%

0.4%

0.9%

0.1%

1.4%

0.8%

1.4%

0.7%
AA / Aa / NR

AA / A / AA

BBB / A / A

A / A / A
Federal Agency 5.4%

AMERICAN EXPRESS CO

AMERICAN HONDA FINANCE

APPLE INC
FANNIE MAE 2.4%

0.9%

2.0%

13.7%
AA / Aaa / AA
AA / Aaa / NR
AA / Aaa / AA

FEDERAL HOME LOAN BANKS
FREDDIE MAC AA / Aaa / NR

A / A / AA
AA / Aa / A

A / A / NR

A / A / A

BANK OF AMERICA CO

BERKSHIRE HATHAWAY INC

BMW FINANCIAL SERVICES NA LLC

BRISTOL-MYERS SQUIBB CO

CATERPILLAR INC
Agency CMBS

FANNIE MAE

FREDDIE MAC
Supranational

1.1%

12.6%

1.2%
AA / Aaa / AA
AA / Aaa / AA
INTER-AMERICAN DEVELOPMENT BANK 1.2% AAA / Aaa / AAA CHARLES SCHWAB A / A / A Municipal 2.8% CINTAS CORPORATION NO. 2

CITIGROUP INC

A / A / NR
A / Aa / A

A / A / A
CALIFORNIA STATE UNIVERSITY 0.2%

0.2%
AA / Aa / NR
CHAFFEY JOINT UNION HIGH SCHOOL AA / Aa / NR

DISTRICT

DEERE & COMPANY

GENERAL DYNAMICS CORP

GOLDMAN SACHS GROUP INC

HOME DEPOT INC

A / A / NR

BBB / A / A

A / A / A
FLORIDA STATE BOARD OF ADMIN FIN CORP 0.6%

0.3%
AA / Aa / AA

LOS ANGELES COMMUNITY COLLEGE

DISTRICT
AA / Aaa / NR

NEW YORK ST URBAN DEVELOPMENT CORP

SAN JUAN UNIFIED SCHOOL DISTRICT

STATE OF CALIFORNIA

0.6%

0.2%

0.4%

0.1%

0.2%

1.8%

NR / NR / AA
NR / Aa / NR
AA / Aa / AA
AA / Aa / AA
AAA / Aaa / AAA
AA / Aa / AA

IBM CORP A / A / A

JP MORGAN CHASE & CO

LOCKHEED MARTIN CORP

MICROSOFT CORP

A / A / AA

A / A / A
STATE OF CONNECTICUT AAA / Aaa / NR

STATE OF MINNESOTA MORGAN STANLEY A / A / A

UNIVERSITY OF CALIFORNIA
Negotiable CD
NATIONAL AUSTRALIA BANK LTD AA / Aa / NR

NATIONAL RURAL UTILITIES CO FINANCE A / A / A
CORP
NORDEA BANK ABP 0.9%

0.9%
AA / Aa / AA

A / A / NR
PACCAR FINANCIAL CORP 0.3%

0.8%

A / A / NR

A / A / A TORONTO-DOMINION BANK PNC FINANCIAL SERVICES GROUP Ratings shown are calculated by assigning a numeral value to each security rating, then calculating a weighted average rating for each security type / issuer category using all available security ratings, excluding Not-Rated (NR) ratings. For security type / issuer categories where a rating from the applicable NRSRO is not available, a rating of NR is assigned. Includes accrued interest and excludes balances invested in overnight funds.
18 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Summary
Issuer Diversification
Security Type / Issuer
Corporate
Market Value (%) S&P / Moody's / Fitch

23.4%

ROCHE HOLDINGS INC

TARGET CORP

0.8%

0.1%

0.2%

1.3%
AA / Aa / AA

A / A / A
TEXAS INSTRUMENTS INC A / Aa / NR

THE BANK OF NEW YORK MELLON A / A / AA

CORPORATION

THE WALT DISNEY CORPORATION

TOYOTA MOTOR CORP

UNITEDHEALTH GROUP INC

USAA CAPITAL CORP
ABS

0.8%

0.7%

0.4%

10.4%

A / A / A

A / A / A
AA / Aa / NR
AMERICAN EXPRESS CO 1.2%

0.7%

1.4%

0.5%

0.8%

1.7%

0.7%

0.2%

0.6%

AAA / NR / AAA
AAA / Aaa / AAA

AAA / NR / AAA

AAA / NR / AAA
AAA / Aaa / AAA
AAA / Aaa / NR

AAA / NR / AAA
AAA / Aaa / AAA

BANK OF AMERICA CO

CAPITAL ONE FINANCIAL CORP

CARMAX AUTO OWNER TRUST

CHASE ISSURANCE

DISCOVER FINANCIAL SERVICES

FIFTH THIRD AUTO TRUST

FORD CREDIT AUTO OWNER TRUST

GM FINANCIAL CONSUMER AUTOMOBILE
TRUST

HARLEY-DAVIDSON MOTORCYCLE TRUST

HONDA AUTO RECEIVABLES

HYUNDAI AUTO RECEIVABLES

NISSAN AUTO RECEIVABLES

TOYOTA MOTOR CORP

0.3%

0.9%
NR / Aaa / AAA
AAA / Aaa / AAA

AAA / NR / AAA
AAA / Aaa / NR

AAA / NR / AAA

0.1%

0.5%

0.7%
Total 100.0%
Ratings shown are calculated by assigning a numeral value to each security rating, then calculating a weighted average rating for each security type / issuer category using all available security ratings, excluding Not-Rated (NR) ratings. For security type / issuer categories where a rating from the applicable NRSRO is not available, a rating of NR is assigned. Includes accrued interest and excludes balances invested in overnight funds.
19 © PFM Asset Management LLC | pfmam.com
Portfolio Transactions
© PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)
BUY
10/2/2023
10/11/2023
10/25/2023
11/1/2023
11/14/2023
11/28/2023
12/1/2023
12/6/2023
12/7/2023
10/4/2023
10/19/2023
10/31/2023
11/8/2023
11/21/2023
12/7/2023
12/5/2023
12/14/2023
12/14/2023
750,000.00
500,000.00
375,000.00
85,000.00
17325FBB3
3137HAQ74
3137HAST4
438123AC5
3137HB3D4
3137HB3G7
91282CFZ9
3137HBC69
05522RDH8

CITIBANK NA CORP NOTES (CALLABLE)
FHMS K508 A2

5.80%

4.74%

4.85%

5.67%

5.06%

4.86%

3.87%

4.85%

4.98%
9/29/2028
8/1/2028
746,884.48
490,217.00
364,559.51
84,985.03

5.92%

5.26%

5.60%

5.67%

5.14%

4.93%

4.24%

4.86%

4.98%
FHMS K509 A2 9/1/2028
HAROT 2023-4 A3
FHMS K510 A2
6/21/2028
10/1/2028
10/1/2028
11/30/2027
5/1/2028
180,000.00
275,000.00
1,200,000.00
400,000.00
180,000.00
3,945,000.00
179,986.52
274,432.68
1,184,744.63
400,698.51
179,975.83
3,906,484.19
FHMS K511 A2

US TREASURY NOTES
FHMS KJ48 A1
BACCT 2023-A2 A2 11/15/2028
Total BUY

INTEREST
10/1/2023
10/1/2023
10/1/2023
10/1/2023
10/1/2023
10/1/2023

0.00 10/1/2023 300,000.00
380,000.00
275,000.00
550,000.00
500,000.00
550,000.00
808513BW4
3137BTUM1
3137BNGT5
3137HACX2
3137HAMS2
3137BXQY1

CHARLES SCHWAB CORP NOTES (CALLABLE)
FHMS K061 A2

3.30%

3.34%

2.74%

4.81%

4.80%

3.22%
4/1/2027
11/1/2026
1/1/2026
6/1/2028
9/1/2028
3/1/2027
4,950.00
1,059.88
629.06
10/25/2023
10/25/2023
10/25/2023
10/25/2023
10/25/2023
FHMS K054 A2
FHMS K505 A2 2,208.71
2,000.00
1,477.67
FHMS K507 A2
FHMS K064 A2
20 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)

INTEREST
10/1/2023
10/1/2023
10/1/2023
10/1/2023
10/1/2023
10/1/2023
10/14/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/25/2023
10/25/2023
10/25/2023
10/25/2023
10/25/2023
10/25/2023
10/14/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
550,000.00
550,000.00
550,000.00
439,574.59
800,000.00
250,000.00
350,000.00
490,000.00
190,000.00
410,000.00
405,000.00
245,000.00
32,583.46
3136BQDE6
3137F1G44
3137BSP72
3137HAD45
3137HAMH6
3137BGK24
3130AJHU6
14041NGD7
02582JJZ4
02582JKD1
161571HT4
891940AC2
44933LAC7
31680EAD3
14318MAD1
254683CY9
65480BAC1
FNA 2023-M6 A2 4.19%

3.24%

2.65%

4.77%

4.65%

3.06%

0.50%

4.42%

4.87%

5.23%

5.16%

4.63%

0.38%

5.53%

3.97%

4.31%

0.33%
7/1/2028 1,920.42
1,486.38
1,215.96
1,749.87
3,100.00
637.92

FHLMC MULTIFAMILY STRUCTURED P
FHMS K058 A2
4/1/2027
8/1/2026
FHMS KJ46 A1 6/1/2028
FHMS K506 A2 8/1/2028
FHMS K043 A2 12/1/2024
4/14/2025
5/15/2028
5/15/2028
9/15/2028
9/15/2028
9/15/2027
9/15/2025
8/15/2028
4/15/2027
3/15/2028
10/15/2025

FEDERAL HOME LOAN BANK NOTES
COMET 2023-A1 A
AMXCA 2023-1 A
875.00
1,804.83
771.08
AMXCA 2023-3 A 1,548.66
1,741.50
945.29
CHAIT 2023-A1 A
TAOT 2023-A A3
HART 2021-A A3 10.32
350,000.00
210,000.00
320,000.00
174,780.61
FITAT 2023-1 A3 1,612.92
CARMX 2022-3 A3 694.75
DCENT 2023-A1 A
NAROT 2021-A A3
1,149.33

48.06 21 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)

INTEREST
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/16/2023
10/16/2023
10/18/2023
10/20/2023
10/21/2023
10/22/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/16/2023
10/16/2023
10/18/2023
10/20/2023
10/21/2023
10/22/2023
245,000.00
170,000.00
140,000.00
195,000.00
68,549.39
170,000.00
25,000.00
176,061.06
130,000.00
350,000.00
57,634.38
275,000.00
73,291.67
320,000.00
7,905.67
14041NGB1
05522RDG0
65480JAC4
254683CP8
44935FAD6
41285JAD0
437076CM2
89190GAC1
344928AD8
254683CZ6
14314QAC8
36265QAD8
362554AC1
43815QAC1
380144AD7
43815GAC3
3135G03U5
COMET 2022-A3 A 4.95%

4.79%

4.46%

0.58%

0.74%

5.05%

2.70%

0.26%

4.65%

4.93%

0.52%

4.82%

0.68%

5.41%

0.41%

0.88%

0.62%
10/15/2027
5/15/2028
5/17/2027
9/15/2026
5/15/2026
12/15/2027
4/15/2025
11/17/2025
2/15/2028
6/15/2028
2/17/2026
8/16/2027
9/16/2026
2/18/2028
5/20/2025
1/21/2026
4/22/2025
1,010.63
678.58
520.33

94.25 BACCT 2023-A1 A1
NAROT 2022-B A3
DCENT 2021-A1 A1
HART 2021-C A3 42.27
HDMOT 2023-A A3

HOME DEPOT INC (CALLABLE) CORPORATE NOTE
TAOT 2021-B A3
715.42
337.50

38.15 FORDO 2023-A A3 503.75
1,437.92

24.97 DCENT 2023-A2 A
CARMX 2021-2 A3
GMCAR 2022-4 A3 1,104.58
GMCAR 2021-4 A3 41.53
HAROT 2023-3 A3 1,442.67
GMALT 2021-2 A4 2.70
85,713.92
350,000.00
HAROT 2021-4 A3 62.86
FANNIE MAE NOTES 1,093.75
22 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)

INTEREST
10/25/2023
10/26/2023
10/29/2023
10/31/2023
10/31/2023
11/1/2023
11/1/2023
11/1/2023
11/1/2023
11/1/2023
11/1/2023
11/1/2023
11/1/2023
11/1/2023
11/1/2023
11/1/2023
11/1/2023
10/25/2023
10/26/2023
10/29/2023
10/31/2023
10/31/2023
11/1/2023
450,000.00
210,000.00
400,000.00
1,200,000.00
1,025,000.00
65,000.00
89115B6K1
06406RAS6
61746BDQ6
91282CEN7
91282CBW0
17252MAP5
90327QD89
13077DQD7
3137HACX2
3137HAQ74
3136BQDE6
3137BNGT5
3137BGK24
3137HAMS2
3137HAD45
3137BXQY1
3137HAMH6

TORONTO DOMINION BANK NY CERT DEPOS

BANK OF NY MELLON CORP NOTES (CALLABLE)

MORGAN STANLEY CORP NOTES

US TREASURY NOTES

5.60%

0.50%

3.87%

2.75%

0.75%

3.45%

3.37%

0.86%

4.81%

4.74%

4.19%

2.74%

3.06%

4.80%

4.77%

3.22%

4.65%
10/27/2025
4/26/2024
4/29/2024
4/30/2027
4/30/2026
5/1/2025
5/1/2025
11/1/2025
6/1/2028
8/1/2028
7/1/2028
1/1/2026
12/1/2024
9/1/2028
6/1/2028
3/1/2027
8/1/2028
25,130.00
525.00
7,750.00
16,500.00
3,843.75
1,121.25
3,796.88
366.35

US TREASURY NOTES
CINTAS CORPORATION NO. 2 CORP NOTE (CALL

USAA CAPITAL CORP CORPORATE NOTES

CA ST UNIV TXBL REV BONDS
FHMS K505 A2
11/1/2023 225,000.00
11/1/2023 85,000.00
11/25/2023
11/25/2023
11/25/2023
11/25/2023
11/25/2023
11/25/2023
11/25/2023
11/25/2023
11/25/2023
550,000.00
500,000.00
550,000.00
275,000.00
247,236.53
500,000.00
439,312.38
550,000.00
800,000.00
2,208.71
1,975.00
1,920.42
629.06
FHMS K508 A2
FNA 2023-M6 A2
FHMS K054 A2
FHMS K043 A2 630.87
FHMS K507 A2 2,000.00
1,748.83
1,477.67
3,100.00
FHMS KJ46 A1
FHMS K064 A2
FHMS K506 A2
23 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)

INTEREST
11/1/2023
11/1/2023
11/1/2023
11/1/2023
11/3/2023
11/7/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/25/2023
11/25/2023
11/25/2023
11/25/2023
11/3/2023
380,000.00
550,000.00
550,000.00
375,000.00
450,000.00
650,000.00
140,000.00
28,771.97
3137BTUM1
3137BSP72
3137F1G44
3137HAST4
65558UYF3
3135G06G3
65480JAC4
44933LAC7
14318MAD1
91412HGE7
44935FAD6
14041NGD7
254683CY9
91324PEC2
02582JJZ4
02582JKD1
891940AC2
FHMS K061 A2 3.34%

2.65%

3.24%

4.85%

5.53%

0.50%

4.46%

0.38%

3.97%

0.88%

0.74%

4.42%

4.31%

1.15%

4.87%

5.23%

4.63%
11/1/2026
8/1/2026
1,059.88
1,215.96
1,486.38
1,515.63
12,442.50
1,625.00
520.33
FHMS K058 A2

FHLMC MULTIFAMILY STRUCTURED P
FHMS K509 A2
4/1/2027
9/1/2028

NORDEA BANK ABP NEW YORK CERT DEPOS

FANNIE MAE NOTES
NAROT 2022-B A3
11/3/2025
11/7/2025
5/17/2027
9/15/2025
4/15/2027
5/15/2025
5/15/2026
5/15/2028
3/15/2028
5/15/2026
5/15/2028
9/15/2028
9/15/2027
11/7/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
HART 2021-A A3 9.11
210,000.00
85,000.00
CARMX 2022-3 A3 694.75

UNIV OF CAL TXBL REV BONDS
HART 2021-C A3
375.28
63,922.68 39.42
490,000.00
320,000.00
225,000.00
190,000.00
410,000.00
245,000.00
COMET 2023-A1 A 1,804.83
1,149.33
1,293.75
771.08
DCENT 2023-A1 A

UNITEDHEALTH GROUP INC (CALLABLE) CORPOR
AMXCA 2023-1 A
AMXCA 2023-3 A 1,786.92
TAOT 2023-A A3 945.29
24 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)

INTEREST
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/16/2023
11/16/2023
11/18/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/16/2023
11/16/2023
11/18/2023
245,000.00
170,000.00
130,000.00
52,946.61
14041NGB1
05522RDG0
344928AD8
14314QAC8
89190GAC1
539830BZ1
41285JAD0
912828U24
254683CP8
254683CZ6
31680EAD3
369550BG2
161571HT4
65480BAC1
362554AC1
36265QAD8
43815QAC1
COMET 2022-A3 A 4.95%

4.79%

4.65%

0.52%

0.26%

4.45%

5.05%

2.00%

0.58%

4.93%

5.53%

3.50%

5.16%

0.33%

0.68%

4.82%

5.41%
10/15/2027
5/15/2028
2/15/2028
2/17/2026
11/17/2025
5/15/2028
12/15/2027
11/15/2026
9/15/2026
6/15/2028
8/15/2028
5/15/2025
9/15/2028
10/15/2025
9/16/2026
8/16/2027
2/18/2028
1,010.63
BACCT 2023-A1 A1 678.58
FORDO 2023-A A3 503.75
CARMX 2021-2 A3 22.94
161,204.86
60,000.00
TAOT 2021-B A3 34.93

LOCKHEED MARTIN CORP NOTES (CALLABLE)
HDMOT 2023-A A3
1,260.83
170,000.00 715.42
12,825,000.00
195,000.00
350,000.00
350,000.00
225,000.00
405,000.00
160,682.51
69,087.56

US TREASURY NOTES
DCENT 2021-A1 A1
128,250.00

94.25 DCENT 2023-A2 A 1,437.92
1,612.92
3,937.50
1,741.50

44.19 FITAT 2023-1 A3

GENERAL DYNAMICS CORP (CALLABLE) CORP NO
CHAIT 2023-A1 A
NAROT 2021-A A3
GMCAR 2021-4 A3 39.15
275,000.00
320,000.00
GMCAR 2022-4 A3 1,104.58
HAROT 2023-3 A3 1,442.67
25 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)

INTEREST
11/21/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/1/2023
12/3/2023
11/21/2023
12/25/2023
12/25/2023
12/25/2023
12/25/2023
12/25/2023
12/25/2023
12/25/2023
12/25/2023
12/25/2023
12/25/2023
12/25/2023
12/25/2023
12/25/2023
12/25/2023
12/1/2023
80,224.67
550,000.00
550,000.00
550,000.00
500,000.00
439,089.13
800,000.00
375,000.00
500,000.00
550,000.00
246,832.58
550,000.00
275,000.00
180,000.00
380,000.00
315,000.00
475,000.00
43815GAC3
3137BXQY1
3137HACX2
3137F1G44
3137HAQ74
3137HAD45
3137HAMH6
3137HAST4
3137HAMS2
3136BQDE6
3137BGK24
3137BSP72
3137BNGT5
3137HB3D4
3137BTUM1
46647PCH7
023135BQ8
HAROT 2021-4 A3 0.88%

3.22%

4.81%

3.24%

4.74%

4.77%

4.65%

4.85%

4.80%

4.19%

3.06%

2.65%

2.74%

5.06%

3.34%

0.82%

0.80%
1/21/2026
3/1/2027
6/1/2028
4/1/2027
8/1/2028
6/1/2028
8/1/2028
9/1/2028
9/1/2028
7/1/2028
12/1/2024
8/1/2026
1/1/2026
10/1/2028
11/1/2026
6/1/2025
6/3/2025

58.83 FHMS K064 A2 1,477.67
2,208.71
1,486.38
1,975.00
1,747.94
3,100.00
1,515.63
2,000.00
1,920.42
629.83
FHMS K505 A2

FHLMC MULTIFAMILY STRUCTURED P
FHMS K508 A2
FHMS KJ46 A1
FHMS K506 A2
FHMS K509 A2
FHMS K507 A2
FNA 2023-M6 A2
FHMS K043 A2
FHMS K058 A2 1,215.96
FHMS K054 A2 629.06
FHMS K510 A2 760.35
FHMS K061 A2 1,059.88
1,297.80
1,900.00

JPMORGAN CHASE & CO (CALLABLE) CORP NOTE
12/3/2023 AMAZON INC CORP NOTES (CALLABLE)
26 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)

INTEREST
12/6/2023 12/6/2023 225,000.00
500,000.00
250,000.00
210,000.00
405,000.00
195,000.00
140,000.00
245,000.00
190,000.00
50,000.00
06051GKE8
63254ABE7
63254ABD9
14318MAD1
161571HT4
254683CP8
65480JAC4
891940AC2
02582JJZ4
63743HFE7
44935FAD6
14041NGD7
254683CY9
14314QAC8
89190GAC1
02582JKD1
65480BAC1

BANK OF AMERICA CORP NOTES (CALLABLE)

NATIONAL AUSTRALIA BK/NY CORPORATE NOTES

NATIONAL AUSTRALIA BK/NY CORPORATE NOTES
CARMX 2022-3 A3

1.53%

3.90%

3.50%

3.97%

5.16%

0.58%

4.46%

4.63%

4.87%

3.45%

0.74%

4.42%

4.31%

0.52%

0.26%

5.23%

0.33%
12/6/2025
6/9/2027
1,721.25
9,762.50
4,375.00
694.75
1,741.50

94.25 12/9/2023 12/9/2023
12/9/2023 12/9/2023 6/9/2025
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
4/15/2027
9/15/2028
9/15/2026
5/17/2027
9/15/2027
5/15/2028
6/15/2025
5/15/2026
5/15/2028
3/15/2028
2/17/2026
11/17/2025
9/15/2028
10/15/2025
CHAIT 2023-A1 A
DCENT 2021-A1 A1
NAROT 2022-B A3 520.33
945.29
771.08
862.50

36.67 TAOT 2023-A A3
AMXCA 2023-1 A

NATIONAL RURAL UTIL COOP CORPORATE NOTES
59,471.73 HART 2021-C A3
490,000.00
320,000.00
48,380.22
COMET 2023-A1 A 1,804.83
1,149.33

20.96 DCENT 2023-A1 A
CARMX 2021-2 A3
146,429.92
410,000.00
146,397.68
TAOT 2021-B A3 31.73
AMXCA 2023-3 A 1,786.92
NAROT 2021-A A3 40.26
27 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)

INTEREST
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/16/2023
12/16/2023
12/18/2023
12/21/2023
12/21/2023
12/27/2023
12/31/2023
12/31/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/16/2023
12/16/2023
12/18/2023
12/21/2023
12/21/2023
12/27/2023
12/31/2023
12/31/2023
130,000.00
170,000.00
350,000.00
170,000.00
350,000.00
25,148.51
344928AD8
05522RDG0
254683CZ6
41285JAD0
31680EAD3
44933LAC7
14041NGB1
362554AC1
36265QAD8
43815QAC1
438123AC5
43815GAC3
02665WCZ2
912828YY0
912828ZW3
FORDO 2023-A A3 4.65%

4.79%

4.93%

5.05%

5.53%

0.38%

4.95%

0.68%

4.82%

5.41%

5.67%

0.88%

2.40%

1.75%

0.25%
2/15/2028
5/15/2028
6/15/2028
12/15/2027
8/15/2028
9/15/2025
10/15/2027
9/16/2026
8/16/2027
2/18/2028
6/21/2028
1/21/2026
6/27/2024
12/31/2024
6/30/2025
503.75
BACCT 2023-A1 A1
DCENT 2023-A2 A
678.58
1,437.92
HDMOT 2023-A A3 715.42
FITAT 2023-1 A3 1,612.92
HART 2021-A A3 7.96
245,000.00
65,083.25
COMET 2022-A3 A 1,010.63
GMCAR 2021-4 A3 36.88
275,000.00
320,000.00
85,000.00
GMCAR 2022-4 A3 1,104.58
1,442.67
575.66
HAROT 2023-3 A3
HAROT 2023-4 A3
74,789.59 HAROT 2021-4 A3 54.85
400,000.00
50,000.00

AMERICAN HONDA FINANCE CORP NOTE

US TREASURY NOTES

US TREASURY NOTES
4,800.00
437.50
150,000.00
55,516,107.13
187.50
Total INTEREST 356,129.89 0.00
28 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)

MATURITY
10/16/2023
11/6/2023
11/24/2023
11/27/2023
12/4/2023
10/16/2023
11/6/2023
11/24/2023
11/27/2023
12/4/2023
325,000.00
350,000.00
500,000.00
325,000.00
300,000.00
1,800,000.00
3137EAEY1
3137EAEZ8
459058JM6
3135G06H1
3137EAFA2
FREDDIE MAC NOTES 0.12%

0.25%

0.25%
10/16/2023
11/6/2023
11/24/2023
11/27/2023
12/4/2023
325,203.13
350,437.50
500,625.00
325,406.25
300,375.00
1,802,046.88

FREDDIE MAC NOTES

INTL BK RECON & DEVELOP NOTES

FANNIE MAE NOTES

FREDDIE MAC NOTES
Total MATURITY

PAYDOWNS

0.00 10/1/2023
10/1/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/16/2023
10/20/2023
10/21/2023
10/25/2023 2,763.47
262.21
3137BGK24
3137HAD45
65480BAC1
89190GAC1
14314QAC8
44933LAC7
44935FAD6
362554AC1
380144AD7
43815GAC3
FHMS K043 A2 3.06%

4.77%

0.33%

0.26%

0.52%

0.38%

0.74%

0.68%

0.41%

0.88%
12/1/2024
6/1/2028
2,763.47
10/25/2023 262.21
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/15/2023
10/16/2023
10/20/2023
10/21/2023
FHMS KJ46 A1
14,098.10
14,856.20
4,687.77
3,811.49
4,626.71
4,204.11
7,905.67
5,489.25
NAROT 2021-A A3
TAOT 2021-B A3
CARMX 2021-2 A3
HART 2021-A A3
HART 2021-C A3
GMCAR 2021-4 A3
GMALT 2021-2 A4
HAROT 2021-4 A3
10/15/2025
11/17/2025
2/17/2026
9/15/2025
5/15/2026
9/16/2026
5/20/2025
1/21/2026
14,098.10
14,856.20
4,687.77
3,811.49
4,626.71
4,204.11
7,905.67
5,489.25
29 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)

PAYDOWNS
11/1/2023 11/25/2023
11/25/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/16/2023
11/21/2023
12/25/2023
12/25/2023
12/25/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
403.95 3137BGK24
3137HAD45
89190GAC1
65480BAC1
44933LAC7
14314QAC8
44935FAD6
362554AC1
43815GAC3
3137HAD45
3137BTUM1
3137BGK24
44935FAD6
89190GAC1
14314QAC8
65480BAC1
44933LAC7
FHMS K043 A2 3.06%

4.77%

0.26%

0.33%

0.38%

0.52%

0.74%

0.68%

0.88%

4.77%

3.34%

3.06%

0.74%

0.26%

0.52%

0.33%

0.38%
12/1/2024
6/1/2028
403.95
11/1/2023 223.25
14,774.94
14,284.83
3,623.46
4,566.39
4,450.95
4,004.31
5,435.08
274.15
FHMS KJ46 A1 223.25
14,774.94
14,284.83
3,623.46
4,566.39
4,450.95
4,004.31
5,435.08
274.15
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/15/2023
11/16/2023
11/21/2023
12/1/2023
TAOT 2021-B A3
NAROT 2021-A A3
HART 2021-A A3
CARMX 2021-2 A3
HART 2021-C A3
GMCAR 2021-4 A3
HAROT 2021-4 A3
FHMS KJ46 A1
11/17/2025
10/15/2025
9/15/2025
2/17/2026
5/15/2026
9/16/2026
1/21/2026
6/1/2028
12/1/2023 567.98 FHMS K061 A2 11/1/2026
12/1/2024
5/15/2026
11/17/2025
2/17/2026
10/15/2025
9/15/2025
567.98
12/1/2023 429.34 FHMS K043 A2 429.34
12/15/2023
12/15/2023
12/15/2023
12/15/2023
12/15/2023
4,230.59
14,054.09
4,352.81
13,092.31
3,458.34
HART 2021-C A3
TAOT 2021-B A3
CARMX 2021-2 A3
NAROT 2021-A A3
HART 2021-A A3
4,230.59
14,054.09
4,352.81
13,092.31
3,458.34
30 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Activity
Quarterly Portfolio Transactions
Trade
Date
Settle
Date
Maturity
Date
Transact
Amount ($)
Yield
at Market
Realized
Par ($) CUSIP Security Description Coupon G/L (BV)

PAYDOWNS
12/16/2023
12/21/2023
12/16/2023
12/21/2023
3,846.27 362554AC1
43815GAC3
GMCAR 2021-4 A3
HAROT 2021-4 A3

0.68%

0.88%
9/16/2026
1/21/2026
3,846.27
5,134.38 5,134.38
Total PAYDOWNS
SELL
163,912.40 163,912.40 0.00
10/2/2023
10/2/2023
10/2/2023
10/11/2023
10/16/2023
10/26/2023
12/7/2023
12/7/2023
12/7/2023
Total SELL
10/4/2023 200,000.00
225,000.00
400,000.00
50,000.00
91282CBC4
172967JP7
91282CBC4
91282CDV0
91282CDV0
912828YY0
91282CDV0
912828YY0
91282CBW0

US TREASURY NOTES

CITIGROUP INC CORP NOTES

US TREASURY NOTES

0.37%

3.30%

0.37%

0.87%

1.75%

0.87%

1.75%

0.75%
12/31/2025
4/27/2025
12/31/2025
1/31/2024
1/31/2024
12/31/2024
1/31/2024
12/31/2024
4/30/2026
180,765.96
219,017.63
361,531.94
49,457.20
-16,483.37
-17,534.70
-32,228.42
-108.60
10/4/2023
10/4/2023
10/18/2023
10/19/2023
10/31/2023
12/14/2023
12/14/2023
12/14/2023
50,000.00 49,464.25 -107.77
250,000.00
300,000.00
100,000.00
175,000.00
1,750,000.00
241,472.07
299,212.30
97,485.57
-14,562.35
-309.26
-4,948.99
-11,956.79
-98,240.25
160,851.03
1,659,257.95
31 © PFM Asset Management LLC | pfmam.com
Portfolio Holdings
© PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Holdings
Managed Account Detail of Securities Held
Security Type/Description
Dated Date/Coupon/Maturity
S&P
Rating
Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
CUSIP Par Rating Date Value
U.S. Treasury

US TREASURY NOTES
DTD 12/31/2019 1.750% 12/31/2024
912828YY0
912828ZW3
91282CBW0
91282CBW0
91282CCP4
91282CCP4
91282CCP4
91282CCP4
91282CCP4
91282CCP4
912828U24
912828U24
912828U24
912828U24
91282CEN7
50,000.00
150,000.00
75,000.00
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
8/5/2020
4/1/2021
8/7/2020
4/5/2021
53,441.41 0.18
147,093.75 0.72
71,458.01 1.92
756,109.37 1.33
732,343.75 2.84
179,007.81 3.53
819,035.16 2.94
226,250.00 3.03
819,562.50 3.04
690,468.75 2.74
8,922,578.13 3.72
907,092.77 3.96
1,954,066.41 3.92
228,144.53 4.39
1,155,421.88 3.70

2.40 50,781.65
148,974.26
73,039.91
48,523.44
140,859.38
69,386.71

US TREASURY NOTES
DTD 06/30/2020 0.250% 06/30/2025

1.03 US TREASURY NOTES 95.81
DTD 04/30/2021 0.750% 04/30/2026
2/10/2022 2/14/2022

US TREASURY NOTES
DTD 04/30/2021 0.750% 04/30/2026
775,000.00
800,000.00
200,000.00
900,000.00
250,000.00
900,000.00
750,000.00
9,500,000.00
975,000.00
2,100,000.00
250,000.00
1,200,000.00
1/4/2022
7/5/2022
9/1/2022
6/2/2022
5/3/2022
1/6/2022
7/8/2022
9/6/2022
6/6/2022
5/5/2022
990.04 764,805.06
757,053.78
186,113.31
849,690.71
235,547.48
847,598.81
711,511.02
9,066,727.08
924,443.09
1,993,617.56
234,425.01
1,164,988.74
716,996.06
732,750.00
183,187.50
824,343.75
228,984.38
824,343.75
686,953.12
8,983,437.50
921,984.38
1,985,812.50
236,406.25
1,154,625.00

US TREASURY NOTES
DTD 07/31/2021 0.625% 07/31/2026
2,092.39
US TREASURY NOTES 523.10
DTD 07/31/2021 0.625% 07/31/2026

US TREASURY NOTES
DTD 07/31/2021 0.625% 07/31/2026
2,353.94
US TREASURY NOTES 653.87
DTD 07/31/2021 0.625% 07/31/2026

US TREASURY NOTES
DTD 07/31/2021 0.625% 07/31/2026
8/8/2022 8/15/2022
8/1/2022 8/4/2022
2,353.94
1,961.62
24,532.97
2,517.86
5,423.08
645.60

US TREASURY NOTES
DTD 07/31/2021 0.625% 07/31/2026

US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
1/13/2023 1/17/2023
US TREASURY NOTES 1/4/2023 1/6/2023
DTD 11/15/2016 2.000% 11/15/2026

US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
12/5/2022 12/7/2022
11/1/2022 11/4/2022
1/31/2023 2/3/2023

US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
US TREASURY NOTES 5,620.88
DTD 04/30/2022 2.750% 04/30/2027
32 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description
Dated Date/Coupon/Maturity
S&P
Rating
Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
CUSIP Par Rating Date Value
U.S. Treasury

US TREASURY NOTES
DTD 07/31/2022 2.750% 07/31/2027
91282CFB2
91282CFB2
91282CFB2
91282CFB2
91282CFZ9
825,000.00
600,000.00
AA+
AA+
AA+
AA+
AA+
Aaa
Aaa
Aaa
Aaa
Aaa
6/2/2023
7/3/2023
5/1/2023
3/2/2023
6/6/2023
7/7/2023
5/5/2023
3/6/2023
786,779.30 3.97
565,640.63 4.30
362,329.10 3.62
746,531.25 4.44
1,184,109.38 4.24
21,307,463.89 3.59
9,494.23
6,904.89
4,315.56
9,206.52
4,065.57
83,755.30
792,048.51
569,759.13
792,128.86
US TREASURY NOTES 576,093.72
DTD 07/31/2022 2.750% 07/31/2027

US TREASURY NOTES
DTD 07/31/2022 2.750% 07/31/2027
375,000.00 364,301.77 360,058.58

US TREASURY NOTES
DTD 07/31/2022 2.750% 07/31/2027
800,000.00 756,540.01 768,124.96

US TREASURY NOTES
DTD 11/30/2022 3.875% 11/30/2027
1,200,000.00
22,675,000.00
12/1/2023 12/5/2023 1,184,404.05
21,676,370.94
1,197,937.44
Security Type Sub-Total 21,432,937.28
Supranational

INTER-AMERICAN DEVEL BK NOTES
DTD 09/23/2021 0.500% 09/23/2024
4581X0DZ8 635,000.00 AAA Aaa 9/15/2021 9/23/2021 634,530.10 0.52 864.31 634,885.95 614,581.58 Security Type Sub-Total 635,000.00 634,530.10 0.52 864.31 634,885.95 614,581.58 Negotiable CD
TORONTO DOMINION BANK NY CERT 89115B6K1
DEPOS
DTD 10/31/2022 5.600% 10/27/2025
450,000.00
450,000.00
900,000.00
A A1 10/27/2022 10/31/2022
11/2/2022 11/3/2022
450,000.00 5.58
450,000.00 5.53
900,000.00 5.56
4,760.00
4,009.25
8,769.25
450,000.00
450,000.00
900,000.00
458,633.30
446,945.85
905,579.15
NORDEA BANK ABP NEW YORK CERT 65558UYF3
DEPOS
DTD 11/03/2022 5.530% 11/03/2025
AA- Aa3
Security Type Sub-Total
Municipal

CT ST TXBL GO BONDS
DTD 06/11/2020 1.998% 07/01/2024
20772KJW0 60,000.00 AAAAAa3
Aa1
5/29/2020 6/11/2020
11/6/2019 12/5/2019
60,000.00 2.00
100,000.00 2.10
599.40
875.42
60,000.00 58,998.60
CHAFFEY UHSD, CA TXBL GO BONDS 157411TK5 98,242.00
DTD 12/05/2019 2.101% 08/01/2024
100,000.00 100,000.00
33 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description
Dated Date/Coupon/Maturity
S&P
Rating
Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
CUSIP Par Rating Date Value
Municipal

NY ST URBAN DEV CORP TXBL REV
BONDS
650036DT0 325,000.00 NR NR 12/16/2020 12/23/2020 325,000.00 0.87 832.54 325,000.00 308,376.25 DTD 12/23/2020 0.870% 03/15/2025

UNIV OF CAL TXBL REV BONDS
DTD 07/16/2020 0.883% 05/15/2025
91412HGE7
341271AD6
85,000.00
65,000.00
AA
AA
Aa2
Aa3
7/10/2020 7/16/2020
9/3/2020 9/16/2020
85,000.00 0.88
65,459.55 1.11

95.90 85,000.00
65,143.72
80,679.45
FL ST BOARD OF ADMIN TXBL REV 61,727.25
BONDS
408.85
DTD 09/16/2020 1.258% 07/01/2025

FL ST BOARD OF ADMIN TXBL REV
BONDS
DTD 09/16/2020 1.258% 07/01/2025
341271AD6
341271AD6
85,000.00 AA
AA
Aa3
Aa3
9/3/2020 9/16/2020
9/3/2020 9/16/2020
85,563.55 1.12
160,000.00 1.26
534.65 85,176.25 80,720.25

FL ST BOARD OF ADMIN TXBL REV
BONDS
160,000.00 1,006.40 160,000.00 151,944.00
DTD 09/16/2020 1.258% 07/01/2025
SAN JUAN USD, CA TXBL GO BONDS 798306WP7
DTD 10/29/2020 0.852% 08/01/2025
130,000.00
140,000.00
NR Aa2 10/16/2020 10/29/2020
Aaa 10/30/2020 11/10/2020
130,000.00 0.85
140,000.00 0.77
461.50
450.92
130,000.00
140,000.00
122,638.10
LOS ANGELES CCD, CA TXBL GO 131,584.60
BONDS
54438CYK2 AA+
DTD 11/10/2020 0.773% 08/01/2025

MN ST TXBL GO BONDS
DTD 08/25/2020 0.630% 08/01/2025
60412AVJ9
13077DQD7
13063D3N6
100,000.00
85,000.00
AAA
AAAAAaaAa2
Aa2
8/11/2020 8/25/2020
7/9/2021 7/29/2021
3/9/2023 3/15/2023
100,000.00 0.63
85,000.00 0.86
262.50
122.12
100,000.00
85,000.00
94,005.00
CA ST UNIV TXBL REV BONDS 79,352.60
DTD 07/29/2021 0.862% 11/01/2025

CA ST MUNICIPAL BONDS
DTD 03/15/2023 4.846% 03/01/2027
200,000.00
1,535,000.00
200,000.00 4.85
1,536,023.10 1.58
3,230.67
8,880.87
200,000.00
1,535,319.97
202,548.00
Security Type Sub-Total 1,470,816.10
Joint Powers Authority
CAMP Pool 116,772.96 AAAm NR 116,772.96 0.00 116,772.96 116,772.96 Security Type Sub-Total 116,772.96 116,772.96 0.00 116,772.96 116,772.96 34 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description
Dated Date/Coupon/Maturity
S&P
Rating
Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
CUSIP Par Rating Date Value
Federal Agency

FEDERAL HOME LOAN BANK NOTES
DTD 04/16/2020 0.500% 04/14/2025
3130AJHU6
3135G03U5
3137EAEU9
3135G05X7
3130AK5E2
3137EAEX3
3135G06G3
350,000.00
350,000.00
425,000.00
350,000.00
150,000.00
700,000.00
650,000.00
2,975,000.00
AA+
AA+
AA+
AA+
AA+
AA+
AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
4/15/2020 4/16/2020
4/22/2020 4/24/2020
7/21/2020 7/23/2020
8/25/2020 8/27/2020
9/10/2020 9/11/2020
9/23/2020 9/25/2020
11/9/2020 11/12/2020
348,264.00 0.60
349,279.00 0.67
422,883.50 0.48
348,362.00 0.47
149,550.00 0.44
697,893.00 0.44
647,673.00 0.57
2,963,904.50 0.52
374.31 349,553.63
349,811.45
424,342.07
349,459.39
149,848.60
699,271.10
649,136.16
2,971,422.40
332,520.30
332,732.05
399,351.68
327,743.50
140,413.65
653,903.60
606,037.25
2,792,702.03

FANNIE MAE NOTES
DTD 04/24/2020 0.625% 04/22/2025
419.27
708.33
459.38
182.81
714.58
487.50
3,346.18

FREDDIE MAC NOTES
DTD 07/23/2020 0.375% 07/21/2025

FANNIE MAE NOTES
DTD 08/27/2020 0.375% 08/25/2025

FEDERAL HOME LOAN BANK NOTES
DTD 09/11/2020 0.375% 09/04/2025

FREDDIE MAC NOTES
DTD 09/25/2020 0.375% 09/23/2025

FANNIE MAE NOTES
DTD 11/12/2020 0.500% 11/07/2025
Security Type Sub-Total
Corporate

PNC BANK NA CORP NOTES
(CALLABLE)
DTD 01/23/2019 3.500% 01/23/2024
693475AV7
808513BN4
06406RAS6
400,000.00
105,000.00
210,000.00
AAAA3
A2
A1
2/12/2019 2/15/2019
3/16/2021 3/18/2021
4/19/2021 4/26/2021
402,848.00 3.34
104,947.50 0.77
209,775.30 0.54
6,144.44
225.31
189.58
400,000.00
104,996.31
209,976.22
399,574.80
103,883.33
206,645.25

CHARLES SCHWAB CORP NOTES
(CALLABLE)
DTD 03/18/2021 0.750% 03/18/2024

BANK OF NY MELLON CORP NOTES
(CALLABLE)
DTD 04/26/2021 0.500% 04/26/2024

MORGAN STANLEY CORP NOTES
DTD 04/28/2014 3.875% 04/29/2024
61746BDQ6
02665WCZ2
400,000.00
400,000.00
AAA1
A3
7/19/2019 7/23/2019
7/11/2019 7/15/2019
422,916.00 2.59
398,016.00 2.51
2,669.44
106.67
401,565.44
399,804.78
397,572.00
AMERICAN HONDA FINANCE CORP 394,030.80
NOTE
DTD 06/27/2019 2.400% 06/27/2024

GOLDMAN SACHS GROUP INC
(CALLABLE) BONDS
38141EC23 400,000.00 BBB+ A2 7/8/2019 7/11/2019 418,632.00 2.84 7,400.56 401,053.63 396,079.60 DTD 07/08/2014 3.850% 07/08/2024
35 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description
Dated Date/Coupon/Maturity
S&P
Rating
Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
CUSIP Par Rating Date Value
Corporate

BMW US CAPITAL LLC CORPORATE
NOTES
DTD 08/12/2021 0.750% 08/12/2024
05565EBU8
254687FK7
69371RQ66
025816CQ0
771196BT8
437076CM2
90327QD89
17252MAP5
369550BG2
70,000.00
400,000.00
175,000.00
80,000.00
410,000.00
25,000.00
225,000.00
65,000.00
225,000.00
315,000.00
475,000.00
250,000.00
A
AA2A2
8/9/2021 8/12/2021 69,993.70 0.75
398,368.00 1.84
182,894.25 0.73
79,919.20 2.29
410,000.00 2.13
24,956.25 2.76
224,264.25 3.49
64,985.70 3.46
252,247.50 0.80
315,000.00 0.82
474,767.25 0.81
250,000.00 3.50
202.71 69,998.71
399,783.00
177,032.98
79,968.45
410,000.00
24,981.54
224,666.13
64,993.65
232,443.47
315,000.00
474,933.77
250,000.00
68,080.18
390,472.00
169,285.73
77,427.60
397,900.49
24,381.63
220,595.85
63,830.39
220,957.65
309,543.57
450,045.88
245,772.50

WALT DISNEY COMPANY/THE
(CALLABLE)
DTD 09/06/2019 1.750% 08/30/2024
9/3/2019 9/6/2019 2,352.78
1,268.75
585.00

PACCAR FINANCIAL CORP

CORPORATE NOTES
DTD 02/06/2020 1.800% 02/06/2025
A+
BBB+
AA
A
A1 10/22/2020 10/29/2020

AMERICAN EXPRESS CO CORP

NOTES (CALLABLE
DTD 03/04/2022 2.250% 03/04/2025
A2 3/1/2022 3/4/2022

ROCHE HOLDINGS INC (CALLABLE)

CORPORATE
DTD 03/10/2022 2.132% 03/10/2025
Aa2
A2
3/3/2022 3/10/2022
3/24/2022 3/28/2022
5/23/2022 5/26/2022
4/26/2022 5/3/2022
10/16/2020 10/20/2020
5/24/2021 6/1/2021
2,695.20
HOME DEPOT INC (CALLABLE) 142.50

CORPORATE NOTE
DTD 03/28/2022 2.700% 04/15/2025

USAA CAPITAL CORP CORPORATE
NOTES
DTD 05/26/2022 3.375% 05/01/2025
AA
AAa1A3
1,265.63
CINTAS CORPORATION NO. 2 CORP 373.75

NOTE (CALL
DTD 05/03/2022 3.450% 05/01/2025

GENERAL DYNAMICS CORP
(CALLABLE) CORP NO
DTD 05/11/2018 3.500% 05/15/2025
A- A3 1,006.25
JPMORGAN CHASE & CO (CALLABLE) 46647PCH7 216.30

CORP NOTE
DTD 06/01/2021 0.824% 06/01/2025
A- A1

AMAZON INC CORP NOTES
(CALLABLE)
DTD 06/03/2020 0.800% 06/03/2025
023135BQ8
63254ABD9
AA
AAA1 6/3/2020 6/5/2020 295.56

NATIONAL AUSTRALIA BK/NY

CORPORATE NOTES
Aa3 5/31/2022 6/9/2022 534.72
DTD 06/09/2022 3.500% 06/09/2025
36 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description
Dated Date/Coupon/Maturity
S&P
Rating
Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
CUSIP Par Rating Date Value
Corporate

NATIONAL RURAL UTIL COOP

CORPORATE NOTES
63743HFE7 50,000.00 A- A2 4/27/2022 5/4/2022 49,986.50 3.46 76.67 49,993.70 48,968.05 DTD 05/04/2022 3.450% 06/15/2025

IBM CORP CORPORATE NOTES
DTD 07/27/2022 4.000% 07/27/2025
459200KS9
06051GFS3
002824BM1
225,000.00
225,000.00
225,000.00
AAA3
A1
7/20/2022 7/27/2022
8/18/2020 8/20/2020
9/24/2020 9/28/2020
225,000.00 4.00
256,918.50 0.93
257,845.50 0.86
3,850.00
3,632.81
2,567.19
225,000.00
235,209.68
235,134.20
222,493.28
222,185.03
222,583.05

BANK OF AMERICA CORP NOTES
DTD 07/30/2015 3.875% 08/01/2025
ABBOTT LABORATORIES AA- Aa3

CORPORATE NOTES (CAL
DTD 03/22/2017 3.875% 09/15/2025

BANK OF AMERICA CORP NOTES
(CALLABLE)
DTD 12/06/2021 1.530% 12/06/2025
06051GKE8
46647PCV6
91324PEC2
05565EBW4
14913R2U0
87612EBM7
06406RBA4
594918BY9
225,000.00
175,000.00
225,000.00
175,000.00
225,000.00
40,000.00
AAA+
A
A1
A1
A2
A2
A2
A2
A1
Aaa
12/1/2021 12/6/2021
2/16/2022 2/24/2022
5/17/2021 5/19/2021
8/12/2021 8/16/2021
1/11/2022 1/13/2022
1/19/2022 1/24/2022
1/26/2022 1/28/2022
3/14/2023 3/17/2023
225,000.00 1.53
175,000.00 2.60
224,608.50 1.19
174,947.50 1.26
223,863.75 1.81
39,932.00 1.99
473,945.50 2.10
721,942.50 4.36
239.06
1,602.05
330.63
225,000.00
175,000.00
224,814.13
174,972.51
224,311.76
39,958.46
216,295.43
169,541.93
208,299.60
160,218.63
207,993.83
37,327.28

JPMORGAN CHASE & CO CORP

NOTES (CALLABLE
DTD 02/24/2022 2.595% 02/24/2026

UNITEDHEALTH GROUP INC
(CALLABLE) CORPOR
DTD 05/19/2021 1.150% 05/15/2026

BMW US CAPITAL LLC (CALLABLE)

CORPORATE
DTD 08/12/2021 1.250% 08/12/2026
844.62

CATERPILLAR FINL SERVICE

CORPORATE NOTES
DTD 01/10/2022 1.700% 01/08/2027
A 1,838.13
TARGET CORP CORP NOTES 359.67
(CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
A

BANK OF NY MELLON CORP
(CALLABLE) CORPOR
DTD 01/26/2022 2.050% 01/26/2027
475,000.00
750,000.00
A 4,192.53
9,968.75
474,351.92
727,664.49
441,818.88
MICROSOFT CORP CORP NOTES 730,581.75
(CALLABLE)
AAA
DTD 02/06/2017 3.300% 02/06/2027
37 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description
Dated Date/Coupon/Maturity
S&P
Rating
Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
CUSIP Par Rating Date Value
Corporate

AMERICAN EXPRESS CO CORP

NOTES (CALLABLE
DTD 03/04/2022 2.550% 03/04/2027
025816CS6 300,000.00
475,000.00
300,000.00
500,000.00
BBB+
AA
A2
Aa2
A2
1/13/2023 1/18/2023
3/15/2022 3/17/2022
2/17/2023 2/22/2023
1/13/2023 1/18/2023
277,203.00 4.59
466,089.00 2.70
284,925.00 4.66
488,325.00 4.50
2,486.25
3,216.81
2,475.00
1,193.19
282,470.83
469,288.95
288,072.75
490,859.56
280,753.50
447,941.15
285,968.70
489,165.50
BERKSHIRE HATHAWAY CORP NOTES 084664CZ2
(CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027

CHARLES SCHWAB CORP NOTES
(CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027
808513BW4
63254ABE7
ANATIONAL AUSTRALIA BK/NY

CORPORATE NOTES
AA- Aa3
DTD 06/09/2022 3.905% 06/09/2027

APPLE INC (CALLABLE) BONDS
DTD 09/12/2017 2.900% 09/12/2027
037833DB3
89236TKQ7
775,000.00
375,000.00
AA+
A+
Aaa
A1
1/19/2023 1/23/2023
2/8/2023 2/10/2023
741,062.75 3.94
376,282.50 4.55
6,804.93
8,141.93
747,938.40
376,050.55
742,405.83
TOYOTA MOTOR CREDIT CORP 379,230.38

CORPORATE NOTES
DTD 01/12/2023 4.625% 01/12/2028

NATIONAL RURAL UTIL COOP CORP

NOTES (CAL
DTD 02/07/2018 3.400% 02/07/2028
637432NP6
882508BV5
110122DE5
539830BZ1
24422EXB0
350,000.00
85,000.00
375,000.00
60,000.00
375,000.00
AA+
A
A1
Aa3
A2
2/17/2023 2/22/2023
5/11/2023 5/18/2023
3/9/2023 3/13/2023
5/23/2023 5/25/2023
7/21/2023 7/25/2023
329,189.00 4.76
87,043.40 4.04
358,263.75 4.93
59,892.00 4.49
377,865.00 4.78
4,760.00
1,477.11
5,321.88
341.17
332,785.82
86,769.83
360,989.77
59,905.14
377,612.58
334,339.60
86,368.59
368,560.88
60,281.76
384,516.00

TEXAS INSTRUMENTS INC CORP

NOTE (CALLABL
DTD 11/18/2022 4.600% 02/15/2028

BRISTOL-MYERS SQUIBB CO CORP

NOTES (CALL
DTD 07/15/2020 3.900% 02/20/2028

LOCKHEED MARTIN CORP NOTES
(CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028
AAA2

JOHN DEERE CAPITAL CORP

CORPORATE NOTES
A2 8,610.94
DTD 07/14/2023 4.950% 07/14/2028
38 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description
Dated Date/Coupon/Maturity
S&P
Rating
Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
CUSIP Par Rating Date Value
Corporate

CITIBANK NA CORP NOTES
(CALLABLE)
17325FBB3 750,000.00 A+ Aa3 10/2/2023 10/4/2023 746,280.00 5.92 11,122.42 746,438.29 780,822.75 DTD 09/29/2023 5.803% 09/29/2028
Security Type Sub-Total 12,365,000.00 12,345,941.55 3.13 113,128.89 12,271,791.40 12,064,740.63 Agency CMBS
FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
3137BGK24
3137BNGT5
3137BSP72
3137BTUM1
3137BXQY1
246,403.24
275,000.00
550,000.00
379,432.02
550,000.00
550,000.00
400,000.00
550,000.00
438,814.98
550,000.00
800,000.00
500,000.00
500,000.00
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
AA+
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
Aaa
3/19/2020 3/25/2020
4/11/2023 4/14/2023
4/6/2023 4/12/2023
5/19/2023 5/24/2023
8/16/2023 8/18/2023
6/8/2023 6/13/2023
12/6/2023 12/14/2023
7/13/2023 7/20/2023
7/19/2023 7/27/2023
7/18/2023 7/31/2023
9/7/2023 9/14/2023
258,607.89 1.95
263,613.28 4.37
526,839.84 4.02
367,752.63 4.31
518,804.69 4.98
527,033.20 4.44
399,996.80 4.86
555,493.40 4.59
438,804.03 4.78
540,675.78 4.58
788,165.60 4.99
489,032.00 5.26
494,023.50 5.07
628.74
629.06
248,791.42
266,617.63
531,905.53
369,815.34
522,090.95
530,375.63
399,996.83
554,983.61
438,805.01
541,474.85
788,806.98
489,440.69
494,301.33
241,470.71
265,159.80
525,101.46
368,373.42
531,336.07
530,852.51
405,352.19
559,019.43
440,732.53
546,132.14
809,248.43
507,553.87
509,185.98
FHMS K054 A2
DTD 04/20/2016 2.745% 01/01/2026
FHMS K058 A2
DTD 11/09/2016 2.653% 08/01/2026
1,215.96
1,058.30
1,477.67
1,486.38
1,619.33
2,208.71
1,746.85
1,920.42
3,100.00
1,975.00
2,000.00
FHMS K061 A2
DTD 01/30/2017 3.347% 11/01/2026
FHMS K064 A2
DTD 05/15/2017 3.224% 03/01/2027
FHLMC MULTIFAMILY STRUCTURED P 3137F1G44
DTD 07/01/2017 3.243% 04/01/2027
FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69
3137HACX2
3137HAD45
3136BQDE6
3137HAMH6
3137HAQ74
3137HAMS2
FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
Aaa 10/11/2023 10/19/2023
FHMS K507 A2 Aaa 9/20/2023 9/28/2023
DTD 09/01/2023 4.800% 09/01/2028
39 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description
Dated Date/Coupon/Maturity
S&P
Rating
Moody's Trade
Rating Date
Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
CUSIP Par Value
Agency CMBS
FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4
3137HB3G7
3137HB3D4
375,000.00
275,000.00
180,000.00
7,119,650.24
AA+
AA+
AA+
Aaa 10/25/2023 10/31/2023
Aaa 11/28/2023 12/7/2023
Aaa 11/14/2023 11/21/2023
363,043.88 5.60
274,209.93 4.93
179,479.62 5.14
6,985,576.07 4.69
1,515.63
1,113.75
760.35
363,410.25
274,219.71
179,490.12
6,994,525.88
382,526.16
280,826.30
185,097.21
7,087,968.21
FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
Security Type Sub-Total
ABS
24,456.15
HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
44933LAC7
65480BAC1
89190GAC1
43815GAC3
14314QAC8
44935FAD6
254683CP8
362554AC1
14318MAD1
65480JAC4
36265QAD8
891940AC2
21,690.17
133,305.37
132,375.83
69,655.21
44,027.41
55,241.14
195,000.00
61,236.98
210,000.00
140,000.00
275,000.00
245,000.00
AAA
AAA
AAA
NR
NR
Aaa
NR
4/20/2021 4/28/2021
6/15/2021 6/23/2021
6/8/2021 6/14/2021
21,687.89 0.38
133,303.10 0.33
132,361.56 0.26
69,640.53 0.89
44,017.91 0.52
55,228.80 0.75
194,958.25 0.58
61,235.41 0.68
209,995.04 3.97
139,971.03 4.46
274,954.93 4.82
244,999.88 4.63

3.66 19.55

15.30 17.03

10.18 18.17

50.27 17.35
370.53
277.51
552.29
504.16
21,689.28
133,304.43
132,369.78
69,647.95
44,023.22
55,234.63
194,977.26
61,236.11
209,996.56
139,978.91
274,966.29
244,999.90
21,394.07
130,387.22
129,378.38
67,579.09
43,051.23
53,766.56
188,543.45
59,216.83
207,139.07
139,020.59
273,901.27
243,659.48
NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
Aaa 11/16/2021 11/24/2021
CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
AAA
AAA
AAA
AAA
AAA
AAA
AAA
AAA
NR
NR
4/13/2021 4/21/2021
11/9/2021 11/17/2021
9/20/2021 9/27/2021
HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
Aaa
GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
Aaa 10/13/2021 10/21/2021
CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
NR
Aaa
NR
NR
7/12/2022 7/20/2022
9/20/2022 9/28/2022
10/4/2022 10/12/2022
1/24/2023 1/30/2023
NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
40 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Holdings
Security Type/Description
Dated Date/Coupon/Maturity
S&P
Rating
Moody's Trade Settle
Date
Original
Cost
YTM
at Cost
Accrued
Interest
Amortized
Cost
Market
CUSIP Par Rating Date Value
ABS
COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
14041NGB1
41285JAD0
344928AD8
43815QAC1
254683CY9
02582JJZ4
14041NGD7
05522RDG0
254683CZ6
438123AC5
31680EAD3
161571HT4
02582JKD1
05522RDH8
245,000.00
170,000.00
130,000.00
320,000.00
320,000.00
190,000.00
490,000.00
170,000.00
350,000.00
85,000.00
AAA
NR
NR
Aaa
NR
10/27/2022 11/3/2022
2/13/2023 2/23/2023
3/28/2023 3/31/2023
8/15/2023 8/22/2023
4/4/2023 4/11/2023
6/7/2023 6/14/2023
5/17/2023 5/24/2023
6/8/2023 6/16/2023
6/21/2023 6/28/2023
11/1/2023 11/8/2023
8/15/2023 8/23/2023
9/7/2023 9/15/2023
9/12/2023 9/19/2023
12/7/2023 12/14/2023
244,961.56 4.95
169,982.88 5.05
129,986.44 4.65
319,934.02 5.42
319,981.44 4.31
189,983.15 4.87
489,887.64 4.43
169,961.51 4.79
349,952.72 4.93
84,985.03 5.67
349,978.30 5.53
404,887.73 5.17
409,981.67 5.23
179,975.83 4.98
5,396,794.25 4.33
539.00 244,970.58
169,985.92
129,988.54
319,939.33
319,984.17
189,985.03
489,901.36
169,965.78
349,957.59
84,985.45
246,024.61
169,586.32
129,403.27
324,447.46
317,760.99
191,464.35
487,976.84
170,556.34
352,800.39
86,794.19
HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
381.56
268.67
625.16
612.98
411.24
962.58
361.91
766.89
133.88
860.22
928.80
953.02
423.30
10,085.21
FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
AAA
AAA
NR
HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
NR
DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
Aaa
AMXCA 2023-1 A NR
DTD 06/14/2023 4.870% 05/15/2028
AAA
AAA
AAA
AAA
NR
COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
NR
BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
NR
DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
Aaa
Aaa
Aaa
NR
HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
350,000.00
405,000.00
410,000.00
180,000.00
5,397,532.11
AAA
AAA
AAA
NR
349,979.86
404,893.60
409,982.59
179,976.04
5,396,920.16
353,832.05
411,241.05
417,045.97
181,861.99
5,397,833.06
CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
NR
BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
Aaa
Security Type Sub-Total
Managed Account Sub Total
Securities Sub Total
Accrued Interest
53,602,182.35
$53,718,955.31
52,070,233.46 3.49 253,286.16 52,381,236.70
$52,498,009.66
51,767,158.04
$51,883,931.00
$253,286.16
$52,187,006.42 3.49% $253,286.16
41 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Portfolio Holdings
Total Investments $52,137,217.16
42 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Appendix
Important Disclosures
This material is for general information purposes only and is not intended to provide specific advice or a specific recommendation, as it was prepared without regard to any specific objectives or financial circumstances.

Investment advisory services are provided by PFM Asset Management LLC ("PFMAM"), an investment adviser registered with the U.S. Securities and Exchange Commission and a subsidiary of U.S. Bancorp Asset Management, Inc. ("USBAM"). USBAM is a subsidiary of U.S. Bank National Association ("U.S. Bank"). U.S. Bank is a separate entity and subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. The information contained is not an offer to purchase or sell any securities. Additional applicable regulatory information is available upon request.

PFMAM professionals have exercised reasonable professional care in the preparation of this performance report. Information in this report is obtained from sources external to PFMAM and is generally believed to be reliable and available to the public; however, we cannot guarantee its accuracy, completeness or suitability. We rely on the client's custodian for security holdings and market values. Transaction dates reported by the custodian may differ from money manager statements. While efforts are made to ensure the data contained herein is accurate and complete, we disclaim all responsibility for any errors that may occur. References to particular issuers are for illustrative purposes only and are not intended to be recommendations or advice regarding such issuers. Fixed income manager and index characteristics are gathered from external sources. When average credit quality is not available, it is estimated by taking the market value weights of individual credit tiers on the portion of the strategy rated by a NRSRO.

It is not possible to invest directly in an index. The index returns shown throughout this material do not represent the results of actual trading of investor assets.

Third-party providers maintain the indices shown and calculate the index levels and performance shown or discussed. Index returns do not reflect payment of any sales charges or fees an investor would pay to purchase the securities they represent. The imposition of these fees and charges would cause investment performance to be lower than the performance shown.

The views expressed within this material constitute the perspective and judgment of PFMAM at the time of distribution and are subject to change. Any forecast, projection, or prediction of the market, the economy, economic trends, and equity or fixed-income markets are based upon certain assumptions and current opinion as of the date of issue and are also subject to change. Some, but not all assumptions are noted in the report. Assumptions may or may not be proven correct as actual events occur, and results may depend on events outside of your or our control. Changes in assumptions may have a material effect on results. Opinions and data presented are not necessarily indicative of future events or expected performance.

For more information regarding PFMAM's services or entities, please visit www.pfmam.com. © 2023 PFM Asset Management LLC. Further distribution is not permitted without prior written consent. 43 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Appendix
Important Disclosures
This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the Trust's investment objectives, risks, charges, and expenses before investing in the Trust. This and other information about the Trust is available in the Trust's current Information Sheet, which should be read carefully before investing. A copy of the Trust's information Statement may be available by calling 1-800-729-7665 or is available on the Trust's website at www.camponline.com. While the Cash Reserve Portfolio seeks to maintain a stable net asset value of $1.00 per share and the CAMP TERM Portfolio seeks to achieve a net asset value of $1.00 per share at the stated maturity, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and Securities Investor Protection Corporation (SIPC) (www.sipc.org). PFM Fund Distributors, Inc. is an affiliate of PFM Asset Management LLC.

Market values that include accrued interest are derived from closing bid prices as of the last business day of the month as supplied by Refinitiv, Bloomberg, or Telerate. Where prices are not available from generally recognized sources, the securities are priced using a yield-based matrix system to arrive at an estimated market value.

In accordance with generally accepted accounting principles, information is presented on a trade date basis; forward settling purchases are included in the monthly balances, and forward settling sales are excluded.

Performance is presented in accordance with the CFA Institute's Global Investment Performance Standards (GIPS). Unless otherwise noted, performance is shown gross of fees. Quarterly returns are presented on an unannualized basis. Returns for periods greater than one year are presented on an annualized basis. Past performance is not indicative of future returns.

Bank of America/Merrill Lynch Indices provided by Bloomberg Financial Markets.

Money market fund/cash balances are included in performance and duration computations.

Standard & Poor's is the source of the credit ratings. Distribution of credit rating is exclusive of money market fund/LGIP holdings.

Callable securities in the portfolio are included in the maturity distribution analysis to their stated maturity date, although, they may be called prior to maturity.

MBS maturities are represented by expected average life. 44 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Appendix
Glossary
Accrued Interest: Interest that is due on a bond or other fixed income security since the last interest payment was made.

Agencies: Federal agency securities and/or Government-sponsored enterprises.

Amortized Cost: The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short-term securities (those with less than one year to maturity at time of issuance) is amortized on a straight line basis. Such discount or premium with respect to longer-term securities is amortized using the constant yield basis.

Asset-Backed Security: A financial instrument collateralized by an underlying pool of assets – usually ones that generate a cash flow from debt, such as loans, leases, credit card balances, and receivables.

Bankers’ Acceptance: A draft or bill or exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill as well as the insurer.

Commercial Paper: An unsecured obligation issued by a corporation or bank to finance its short-term credit needs, such as accounts receivable and inventory.

Contribution to Total Return: The weight of each individual security multiplied by its return, then summed for each sector to determine how much each sector added or subtracted from the overall portfolio performance.

Effective Duration: A measure of the sensitivity of a security’s price to a change in interest rates, stated in years.

Effective Yield: The total yield an investor receives in relation to the nominal yield or coupon of a bond. Effective yield takes into account the power of compounding on investment returns, while nominal yield does not.

FDIC: Federal Deposit Insurance Corporation. A federal agency that insures bank deposits to a specified amount.

Interest Rate: Interest per year divided by principal amount and expressed as a percentage.

Market Value: The value that would be received or paid for an investment in an orderly transaction between market participants at the measurement date.

Maturity: The date upon which the principal or stated value of an investment becomes due and payable.

Negotiable Certificates of Deposit: A CD with a very large denomination, usually $1 million or more, that can be traded in secondary markets.

Par Value: The nominal dollar face amount of a security.

Pass-through Security: A security representing pooled debt obligations that passes income from debtors to its shareholders. The most common type is the mortgage-backed security.
45 © PFM Asset Management LLC | pfmam.com
For the Quarter Ended December 31, 2023
CITY OF LAKE ELSINORE Appendix
Glossary
Repurchase Agreements: A holder of securities sells these securities to an investor with an agreement to repurchase them at a fixed price on a fixed date.

Settle Date: The date on which the transaction is settled and monies/securities are exchanged. If the settle date of the transaction (i.e., coupon payments and maturity proceeds) occurs on a non-business day, the funds are exchanged on the next business day.

Supranational: A multinational union or association in which member countries cede authority and sovereignty on at least some internal matters to the group, whose decisions are binding on its members.

Trade Date: The date on which the transaction occurred; however, the final consummation of the security transaction and payment has not yet taken place.

Unsettled Trade: A trade which has been executed; however, the final consummation of the security transaction and payment has not yet taken place.

U.S. Treasury: The department of the U.S. government that issues Treasury securities.

Yield: The rate of return based on the current market value, the annual interest receipts, maturity value, and the time period remaining until maturity, stated as a percentage on an annualized basis.

YTM at Cost: The yield to maturity at cost is the expected rate of return based on the original cost, the annual interest receipts, maturity value, and the time period from purchase date to maturity, stated as a percentage on an annualized basis.

YTM at Market: The yield to maturity at market is the rate of return based on the current market value, the annual interest receipts, maturity value, and the time period remaining until maturity, stated as a percentage on an annualized basis. 46 © PFM Asset Management LLC | pfmam.com
16) SA Warrant Report Dated February 02, 2024 to February 08, 2024 Receive and File.

Page 1 of 1 ends

REPORT TO SUCCESSOR AGENCY OF

THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE
To: Honorable Agency Chair and Members of the Successor Agency From: Jason Simpson, Executive Director
Prepared by: Shannon Buckley, Assistant Executive Director Date: March 12, 2024
Subject: SA Warrant Report Dated February 02, 2024 to February 08, 2024 Recommendation
Receive and File.

Discussion
The Warrant Report lists all general checks issued for the Successors Agency of the Redevelopment Agency of the City of Lake Elsinore for the abovementioned period.

Attachments
Attachment 1 - SA Warrant Summary
Attachment 2 - SA Warrant Listing
FEB 2, 2024 TO FEB 8, 2024 CITY OF LAKE ELSINORE SA WARRANT LIST WARRANT NO. VENDOR NAME AMOUNT
APA24001854 LAKE ELSINORE STORM, LP $ 96,784.25
6384 AK SECURITY ALARM LLC 7,892.04
6393 ENDRESEN DEVELOPMENT, INC. 5,377.90
6396 ENDRESEN DEVELOPMENT, INC. 17,205.08
GRAND TOTAL $ 127,259.27
Attachment 2 1 OF 1
FEB 2, 2024 TO FEB 8, 2024 CITY OF LAKE ELSINORE SA WARRANT LIST FUND NO. FUND DESCRIPTION TOTAL
540 SARDA DIAMOND STADIUM $ 127,259.27
GRAND TOTAL $ 127,259.27
Attachment 1 1 OF 1
17) Extension of Time Request for Tentative Tract Map No. 37922, Conditional Use Permit No. 2019-19, and Commercial Design Review No. 2019-27 (Lake and Mountain Commercial Center)

1. Find that pursuant to the California Environmental Quality Act (CEQA) Guidelines Section 15162, the extension of time request would not have a significant effect on the environment and no new environmental documentation is necessary because all potentially significant effects have been adequately analyzed in a previously certified Environmental Impact Report (ER 2020-03) (SCH No. 2020080538);

2. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, APPROVING A TWO-YEAR EXTENSION OF TIME FOR TENTATIVE TRACT MAP NO. 37922 TO JANUARY 25, 2026;

3. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, APPROVING A TWO-YEAR EXTENSION OF TIME FOR CONDITIONAL USE PERMIT NO. 2019-19 TO JANUARY 25, 2026; and

4. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, APPROVING A TWO-YEAR EXTENSION OF TIME FOR COMMERCIAL DESIGN REVIEW NO. 2019-27 TO JANUARY 25, 2026.

Page 1 of 4 ends

REPORT TO CITY COUNCIL
To: Honorable Mayor and Members of the City Council
From: Jason Simpson, City Manager
Prepared by: Damaris Abraham, Assistant Community Development Director Date: March 12, 2024
Subject: Extension of Time Request for Tentative Tract Map No. 37922, Conditional Use Permit No. 2019-19, and Commercial Design Review No. 2019-27 (Lake and Mountain Commercial Center)
Applicant: Valeria Salampessy, Empire Design Group
Recommendation

2. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, APPROVING A TWO-YEAR EXTENSION OF TIME FOR TENTATIVE TRACT MAP NO. 37922 TO JANUARY 25, 2026;

3. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, APPROVING A TWO-YEAR EXTENSION OF TIME FOR CONDITIONAL USE PERMIT NO. 2019-19 TO JANUARY 25, 2026; and

4. Adopt A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, APPROVING A TWO-YEAR EXTENSION OF TIME FOR COMMERCIAL DESIGN REVIEW NO. 2019-27 TO JANUARY 25, 2026.

Background
On January 25, 2022, the City Council certified Environmental Impact Report (ER 2020-03) (SCH No. 20200080538) and approved Tentative Tract Map No. 37922 (TTM 37922), Conditional Use Permit No. 2019-19 (CUP 2019-19), and Commercial Design Review No. 2019-27 (CDR 2019- 27).
(TTM 37922, CUP 2019-19, and CDR 2019-27 EOT)

Page 2 of 4 ends

TTM 37922 proposes to subdivide the 6.07-acre site into six (6) lots ranging in size from 0.66 acres to 1.10 acres. The remaining 0.44-acre portion of the site will be dedicated for road rightof-way purposes.

CUP 2019-19 and CDR 2019-27 propose to establish approximately 32,695 sq. ft. of commercial and retail uses as outlined below:
• Parcel 1: will include a 3,320 sq. ft. drive-through restaurant (Drive-Thru A) with an attached 1,600 sq. ft. retail building (Retail C).
• Parcel 2: will include a 2,520 sq. ft. drive-through restaurant (Drive-Thru B) with an attached 2,400 sq. ft. retail building (Retail D).
• Parcel 3: will include a 3,150 sq. ft. express car wash. • Parcel 4: will include a 3,400 sq. ft. convenience store (C-Store) with an attached 1,525 sq. ft. quick service restaurant (QSR), a 4,089 sq. ft. fueling canopy with six (6) MultiProduct Dispensers (MPD), and three (3) stormwater bio-retention basins (WQMP). • Parcel 5: will include a 4,850 sq. ft. retail building (Retail B) and four (4) stormwater bioretention basin (WQMP) areas. • Parcel 6: will include a 4,850 sq. ft. retail building (Retail B).

The Project site consists of an approximately 6.07-acre undeveloped area and is located at the northwest corner of Mountain Street and Lake Street (APNs: 389-030-012, 013, 014, 015, 016, 017, and 018).

The original expiration date of TTM 37922, CUP 2019-19, and CDR 2019-27 was January 25, 2024. On November 3, 2023, the applicant submitted this two-year extension of time request, which stayed the expiration until action by the City Council. The applicant has submitted a grading plan, hydrology study, and Water Quality Management Plan (EGPC No. 2023-0013) and is currently in plan check. The applicant has stated that the time extension is necessary to allow additional time to complete the plan check process and obtain grading and building permits.

Discussion
Section 16.24.160 of the Lake Elsinore Municipal Code (LEMC) provides one or more extensions of time for tentative maps totaling a maximum of 36 months. Pursuant to the Subdivision Map Act, Government Code Section 66452.6(e), the time at which the map expires may be extended by the legislative body for a period not exceeding a total of six (6) years. The applicant will have four (4) more years of extensions available for TPM 37922 after the approval of this extension of time request.

In accordance with Sections 17.415.050.I (Lapse of Design Review Approval and Time Extensions) and 17.415.070.D (Lapse of Conditional Use Permit) of the LEMC, the expiration (TTM 37922, CUP 2019-19, and CDR 2019-27 EOT)

Page 3 of 4 ends

date of an approved Conditional Use Permit and Commercial Design Review may be extended for no more than two (2) years. The two-year extension of time for CUP 2019-19 and CDR 2019- 27 represents the final extension of time allowed by the LEMC.

The Community Development (Building & Safety and Planning), Engineering, and the Administrative Services Departments have recommended revised Conditions of Approval consistent with section 66452.6 (e) of the Subdivision Map Act and sections 65961 (a) (1-2) and 65961 (f) of the Planning and Zoning Laws. These updated Conditions of Approval reflect the most current City requirements for development and ensure that the project complies with current laws, standards, and policies.

Environmental Determination
Pursuant to CEQA Guidelines Section 15162, staff has determined that this extension of time request would not have a significant effect on the environment and no new environmental documentation is necessary because all potentially significant effects have been adequately analyzed in an earlier Environmental Impact Report (EIR). All potentially significant impacts have been avoided or mitigated pursuant to the earlier mitigated negative declaration and none of the conditions described in Section 15162 exist. EIR (ER 2020-03) (SCH No. 20200080538) was adopted by the City Council on January 25, 2022. As part of the extension of time request, conditions of approval were updated to reflect the most current City requirements for development. These are standard conditions of approval and will not result in any modifications to the previously approved Project. No substantial changes which require major revisions to the mitigated negative declaration exist and no new information of substantial importance which require revisions to the earlier mitigated negative declaration exist. Therefore, no further environmental documentation is necessary.

Public Notice
Notice of the hearing for the extension of time application has been published in the PressEnterprise newspaper and mailed to property owners within 300 feet of the subject property for each application. As of the writing of this report, no written comments concerning this application have been received by staff.

Fiscal Impact
The time and costs related to processing this application have been covered by application fees paid for by the applicant. No General Fund budgets have been allocated or used in the processing of this application.

Attachments
Attachment 1 – TTM 37922 EOT Resolution
Attachment 2 – CUP 2019-19 EOT Resolution
Attachment 3 – CDR 2019-27 EOT Resolution
Attachment 4 – Conditions of Approval
Attachment 5 – GIS Exhibits
(TTM 37922, CUP 2019-19, and CDR 2019-27 EOT)

Page 4 of 4 ends

Attachment 6 – TTM 37922
Attachment 7 – Design Review Package
Attachment 8 – Public Notice Materials
RESOLUTION NO. 2024-___

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, APPROVING A TWO-YEAR EXTENSION OF TIME FOR TENTATIVE TRACT MAP NO. 37922 TO JANUARY 25, 2026
Whereas, on January 25, 2022, the City Council (Council) approved Tentative Tract Map (TTM) No. 37922 to subdivide the 6.07-acre site into six (6) lots ranging in size from 0.66 acres to 1.10 acres. The remaining 0.44-acre portion of the site will be dedicated for road right-of-way purposes. The project site is located at the northwest corner of Mountain Street and Lake Street (APNs: 389-030-012, 013, 014, 015, 016, 017, and 018);
Whereas, the Lake Elsinore Municipal Code (LEMC) Section 16.24.160 requires that a land divider wishing to extend the life of a tentative map make a written application to the City Council (Council) not less than 30 days prior to the expiration of the tentative map requesting an extension of time on the map;
Whereas, on November 3, 2023, Valeria Salampessy, Empire Design Group submitted a request for an extension of time for TTM No. 37922 to extend the expiration date by two (2) years from January 25, 2024 to January 25, 2026; and
Whereas, on March 12, 2024, at a duly noticed Public Hearing the Council has considered the recommendation of City staff as well as evidence presented by the Community Development Department and other interested parties with respect to this item.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:

Section 1: The Council has reviewed and analyzed the proposed extension of time for TTM No. 37922 pursuant to the appropriate Planning and Zoning Laws and Chapter 16 (Subdivisions) of the LEMC prior to making its decision to extend the life of the map for a period of two years.

Section 2: The Council finds and determines that and no new environmental documentation is necessary because all potentially significant effects have been adequately analyzed in an earlier Environmental Impact Report (EIR). All potentially significant impacts have been avoided or mitigated pursuant to the earlier mitigated negative declaration and none of the conditions described in Section 15162 exist. EIR (ER 2020-03) (SCH No. 20200080538) was adopted by the City Council on January 25, 2022. As part of the extension of time request, conditions of approval were updated to reflect the most current City requirements for development. These are standard conditions of approval and will not result in any modifications to the previously approved Project. No substantial changes which require major revisions to the mitigated negative declaration exist and no new information of substantial importance which require revisions to the earlier mitigated negative declaration exist. Therefore, no further environmental documentation is necessary.

Section 3: That in accordance with State Planning and Zoning Law and the LEMC, the Council makes the following findings for approval of an extension of time for TTM No. 37922:

1. The proposed subdivision, together with the provisions for its design and improvement, is consistent with the General Plan. The proposed subdivision is compatible with the CC Reso. No. 2024-____

Page 2 of 4 ends

objectives, policies, general land uses, and programs specified in the General Plan (Government Code Section 66473.5).
a. The project has a General Plan Land Use designation of General Commercial (GC) and is located within the Alberhill District. The GC Land Use designation provides for retail, services, restaurants, professional and administrative offices, hotels and motels, mixeduse projects, public and quasi-public uses, and similar and compatible uses with a maximum 0.40 Floor Area Ratio (FAR). The project is proposing to develop approximately 32,695 sq. ft. of commercial retail development, which includes a convenience store, gas station, express car wash, drive-through and quick-serve restaurants, and retail buildings with 0.13 FAR. The proposed subdivision is compatible with the objectives, policies, general land uses and programs specified in the General Plan.
b. All offsite mitigation measures have been identified in a manner consistent with the General Plan.

2. The site of the proposed subdivision of land is physically suitable for the proposed density of development in accordance with the General Plan.
a. The proposed project does not include residential development. The proposed subdivision is consistent and compatible with the adjacent communities.

3. The effects that this project are likely to have upon the housing needs of the region, the public service requirements of its residents and the available fiscal and environmental resources have been considered and balanced.
a. The project is consistent with the City’s General Plan. The project has a General Commercial (GC) Land Use Designation and will not have a direct impact on housing needs. During the approval of the General Plan, housing needs, public services and fiscal resources were scrutinized to achieve a balance within the City

4. The proposed division of land or type of improvements is not likely to result in any significant environmental impacts.
a. An Environmental Impact Report (EIR) (ER 2020-03) (SCH No. 2020080538) was prepared for TTM No. 37922. The EIR identified potentially significant environmental effects, but these impacts will be mitigated to below a level of significance through compliance with the mitigation measures set forth in the EIR. TTM No. 37922 has been conditioned to comply with these mitigation measures.

5. The design of the proposed division of land or type of improvements is not likely to cause serious public health problems.
a. TTM No. 37922 has been designed in a manner consistent with the General Plan and does not divide previously established communities.

6. The design of the proposed division of land or type of improvements will not conflict with easements acquired by the public at large for access through or use of property within the proposed division of land.

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a. All known easements or requests for access have been incorporated into the design of TTM No. 37922.
b. The map has been circulated to City departments and outside agencies, and appropriate Conditions of Approval have been applied to the project.

Section 4: Based upon all of the evidence presented, the above findings, and the conditions of approval imposed upon the project, the Council hereby approves a two-year extension of time for Tentative Tract Map No. 37922 to January 25, 2026.

Section 5: This Resolution shall take effect immediately upon its adoption.

Section 6: The City Clerk shall certify to the adoption of this Resolution and enter it into the book of original Resolutions.

Passed and Adopted on this 12th day of March, 2024.

Steve Manos
Mayor
Attest:
___________________________________
Candice Alvarez, MMC
City Clerk

STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.

CITY OF LAKE ELSINORE )
I, Candice Alvarez, MMC, City Clerk of the City of Lake Elsinore, California, do hereby certify that Resolution No. 2024-____ was adopted by the City Council of the City of Lake Elsinore, California, at the regular meeting of March 12, 2024, and that the same was adopted by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

Candice Alvarez, MMC
City Clerk
CC Reso. No. 2024-____

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RESOLUTION NO. 2024-

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, APPROVING A TWO-YEAR EXTENSION OF TIME FOR
CONDITIONAL USE PERMIT NO. 2019-19 TO JANUARY 25, 2026
Whereas, on January 25, 2022, the City Council (Council) approved Conditional Use Permit (CUP) No. 2019-19 and Commercial Design Review (CDR) No. 2019-27 for the development of an approximately 32,695 sq. ft. commercial retail center that includes a 3,400 sq. ft. convenience store with an attached 1,525 sq. ft. Quick-Serve Restaurant, a 4,089 sq. ft. gas fueling canopy, a 3,150 sq. ft. express car wash, two (2) 4,850 sq. ft. retail buildings, a 3,320 sq. ft. drive-thru restaurant with an attached 1,600 sq. ft. retail building, and a 2,520 sq. ft. drive-thru restaurant with an attached 2,400 sq. ft. retail building, 170 parking spaces, landscaping, and related site improvements. The project is located at the northwest corner of Mountain Street and Lake Street (APNs: 389-030-012, 013, 014, 015, 016, 017, and 018); Whereas, Valeria Salampessy, Empire Design Group submitted a request for an extension of time in accordance with Lake Elsinore Municipal Code (LEMC) Section 17.415.070.D for CUP No. 2019-19 by two years from January 25, 2024 to January 25, 2026; and, Whereas, on March 12, 2024, at a duly noticed Public Hearing the Council has considered the recommendation of City staff as well as evidence presented by the Community Development Department and other interested parties with respect to this item.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:

Section 1: The Council has reviewed and analyzed the proposed extension of time for CUP No. 2019-19 prior to making its decision to extend the life of the conditional use permit for a period of two years..

Section 3. That in accordance with LEMC Section 17.415.070.C. Findings, the Council makes the following findings for approval of an extension of time CUP No. 2019-19:

1. The Project, as approved, will comply with the goals and objectives of the General Plan and the Zoning District in which the Project is located.

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The Project has a General Plan Land Use designation of General Commercial (GC) and is located within the Alberhill District. The GC Land Use designation provides for retail, services, restaurants, professional and administrative offices, hotels and motels, mixeduse projects, public and quasi-public uses, and similar and compatible uses with a maximum 0.40 Floor Area Ratio (FAR). The project is proposing to develop approximately 32,695 sq. ft. of commercial retail development, which includes a convenience store, gas station, express car wash, drive-through and quick-serve restaurants, and retail buildings with 0.13 FAR. Therefore, the Project is consistent with the General Plan. The current zoning for the subject site is General Commercial (C-2). Section 17.124.020 of the C-2 zone states that permitted uses listed in the Neighborhood Commercial (C-1) zone are also permitted in the C-2 zone. Section 170.120.020 of the C-1 zone lists retail stores and restaurants and eating establishments (excluding drive-through) as permitted uses.

Section 17.124.030 of the C-2 zone states that uses subject to a conditional use permit listed in the C-1 zone are also permitted in the C-2 zone subject to a Conditional Use Permit. Section 170.120.030 of the C-1 zone permits drive-through establishments, gasoline dispensing establishments, and car wash subject to a Conditional Use Permit.

Further, the proposed commercial Project will assist in achieving the development of a well-balanced and functional mix of residential, commercial, industrial, open space, recreational and institutional land uses.

2. The proposed use will not be detrimental to the general health, safety, comfort or general welfare of persons residing or working within the neighborhood of the proposed use or the City, or injurious to property or improvements in the neighborhood or the City.

The proposed use does not propose either directly or indirectly any detrimental effects to the existing surrounding community. The Project has been conditioned as such to avoid any possible negative impacts associated with the proposed use.

3. The Project complies with current laws, standards, and policies in accordance with Section

17.415.070.D of the LEMC.

The extension of time request has been reviewed by all applicable City divisions, departments and agencies to ensure that the project complies with all applicable current laws, standards and policies.

Section 4: Based upon the evidence presented, the above findings, and the Conditions of Approval imposed upon the project, the Council hereby approves a two-year extension of time for Conditional Use Permit No. 2019-19 to January 25, 2026.

Section 5: This Resolution shall take effect immediately upon its adoption.

Section 6: The City Clerk shall certify to the adoption of this Resolution and enter it into the book of original Resolutions.

Passed and Adopted on this 12th day of March, 2024.

Steve Manos
CC Reso. No. 2024-____

Page 3 of 3 ends

Mayor
Attest:
___________________________________
Candice Alvarez, MMC
City Clerk

STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.

AYES:

NOES:

ABSENT:

ABSTAIN:

Candice Alvarez, MMC
City Clerk
RESOLUTION NO. 2024-___

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE,

CALIFORNIA, APPROVING A TWO-YEAR EXTENSION OF TIME FOR
COMMERCIAL DESIGN REVIEW NO. 2019-27 TO JANUARY 25, 2026 Whereas, on January 25, 2022, the City Council (Council) approved Conditional Use Permit (CUP) No. 2019-19 and Commercial Design Review (CDR) No. 2019-27 for the development of an approximately 32,695 sq. ft. commercial retail center that includes a 3,400 sq. ft. convenience store with an attached 1,525 sq. ft. Quick-Serve Restaurant, a 4,089 sq. ft. gas fueling canopy, a 3,150 sq. ft. express car wash, two (2) 4,850 sq. ft. retail buildings, a 3,320 sq. ft. drive-thru restaurant with an attached 1,600 sq. ft. retail building, and a 2,520 sq. ft. drive-thru restaurant with an attached 2,400 sq. ft. retail building, 170 parking spaces, landscaping, and related site improvements. The project is located at the northwest corner of Mountain Street and Lake Street (APNs: 389-030-012, 013, 014, 015, 016, 017, and 018); Whereas, Valeria Salampessy, Empire Design Group submitted a request for an extension of time in accordance with Lake Elsinore Municipal Code (LEMC) Section 17.415.050.I for CDR No. 2019-27 by two years from January 25, 2024 to January 25, 2026; and Whereas, on March 12, 2024, at a duly noticed Public Hearing the Council has considered the recommendation of City staff as well as evidence presented by the Community Development Department and other interested parties with respect to this item.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE DOES HEREBY RESOLVE, DETERMINE AND ORDER AS FOLLOWS:

Section 1: The Council has reviewed and analyzed the proposed extension of time for CDR No. 2019-27 prior to making its decision to extend the life of the design review for a period of two years.

Section 3: That in accordance with Section 17.415.050.G of the LEMC, the Council makes the following findings for approval of an extension of time for CDR No. 2019-27:

1. The Project, as approved, will comply with the goals and objectives of the General Plan and the Zoning District in which the Project is located.

CC Reso. No. 2024-____

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0.40 Floor Area Ratio (FAR). The project is proposing to develop approximately 32,695 sq. ft. of commercial retail development, which includes a convenience store, gas station, express car wash, drive-through and quick-serve restaurants, and retail buildings with 0.13 FAR. Therefore, the project is consistent with the General Plan. The project complies with the goals and objectives of the General Plan because it will assist in achieving the development of a well-balanced and functional mix of residential, commercial, industrial, open space, recreational, and institutional land uses. The project will serve to diversify and expand Lake Elsinore’s economic base.

The current zoning for the subject site is General Commercial (C-2). Section 17.124.020 of the C-2 zone states that permitted uses listed in the Neighborhood Commercial (C-1) zone are also permitted in the C-2 zone. Section 170.120.020 of the C-1 zone lists retail stores and restaurants and eating establishments (excluding drive-through) as permitted uses.

Section 17.124.030 of the C-2 zone states that uses subject to a conditional use permit listed in the C-1 zone are also permitted in the C-2 zone subject to a Conditional Use Permit.

Section 170.120.030 of the C-1 zone permits drive-through establishments, gasoline dispensing establishments, and car wash subject to a Conditional Use Permit. The project meets requirements identified for the proposed use including development standards for setbacks, landscaping, screening and all other additional requirements for development of this type.

2. The Project complies with the design directives contained in the General Plan and all other applicable provisions of the LEMC.

The project is appropriate to the site and surrounding developments. The architectural design of the proposed building complies with the Nonresidential Development Standards (Chapter 17.112) of the LEMC. The architecture has been designed to achieve harmony and compatibility with the surrounding area. The colors and materials proposed will assist in blending the architecture into the existing landscape and are compatible with other colors and materials used on other properties near the Project site. In addition, safe and efficient circulation has been achieved onsite.

3. The Project complies with current laws, standards, and policies in accordance with Section

17.415.050.I of the LEMC.

Section 5: This Resolution shall take effect immediately upon its adoption.

Section 6: The City Clerk shall certify to the adoption of this Resolution and enter it into the book of original Resolutions.

CC Reso. No. 2024-____

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Passed and Adopted on this 12th day of March, 2024.

Steve Manos
Mayor
Attest:
___________________________________
Candice Alvarez, MMC
City Clerk

STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss.

AYES:

NOES:

ABSENT:

ABSTAIN:

Candice Alvarez, MMC
City Clerk
Applicant’s Initials: _____ Page 1 of 19

CONDITIONS OF APPROVAL
(New text underlined and deletions in strikethrough)
PROJECT: PA 2019-34/TTM 37922/CUP 2019-19/CDR 2019-27
PROJECT NAME: Lake and Mountain Commercial Center
PROJECT LOCATION: APNs: 389-030-012, 013, 014, 015, 016, 017, and 018 APPROVAL DATE: January 25, 2022
EOT APPROVAL DATE: March 12, 2024
EXPIRATION DATE: January 25, 2026

GENERAL

1. Tentative Tract Map No. 37922 is a subdivision of 6.07 acres into six (6) lots ranging in size from 0.66 acres to 1.10 acres. The remaining 0.44-acre portion of the site will be dedicated for road right-of-way purposes. Conditional Use Permit No. 2019-19 and Commercial Design Review No. 2019-27 include a 3,400 SF convenience store with an attached 1,525 SF Quick-Serve Restaurant, 4,089 SF gas fueling canopy, a 3,150 SF express car wash, two (2) 4,850 SF retail buildings, a 3,320 SF drive-thru restaurant with an attached 1,600 SF retail building, and a 2,520 SF drive-thru restaurant with an attached 2,400 SF retail building with 170 parking spaces, landscaping, and related site improvements. The Project is located at the northwest corner of Mountain Street and Lake Street (APNs: 389-030-012, 013, 014, 015, 016, 017, and 018).

2. The applicant shall defend (with counsel acceptable to the City), indemnify, and hold harmless the City, its Officials, Officers, Employees, Agents, and its Consultants (Indemnitees) from any claim, action, or proceeding against the Indemnitees to attack, set aside, void, or annul an approval of the City, its advisory agencies, appeal boards, or legislative body concerning approval, implementation and construction of TTM 37922, CUP 2019-19, and CDR 2019-27, which action is bought within the time period provided for in California Government Code Sections 65009 and/or 66499.37, and Public Resources Code Section 21167, including the approval, extension or modification of TTM 37922, CUP 2019- 19, and CDR 2019-27 or any of the proceedings, acts or determinations taken, done, or made prior to the decision, or to determine the reasonableness, legality or validity of any condition attached thereto. The Applicant's indemnification is intended to include, but not be limited to, damages, fees and/or costs awarded against or incurred by Indemnitees and costs of suit, claim or litigation, including without limitation attorneys' fees, penalties and other costs, liabilities and expenses incurred by Indemnitees in connection with such proceeding. The City will promptly notify the applicant of any such claim, action, or proceeding against the City. If the project is challenged in court, the City and the applicant shall enter into formal defense and indemnity agreement, consistent with this condition.

3. Within 30 days of project approval, the applicant shall sign and complete an "Acknowledgment of Conditions" and shall return the executed original to the Community Development Department for inclusion in the case records.

4. The applicant shall submit a check for $3,589.25 made payable to the County of Riverside for the filing of a Notice of Determination. The check shall be submitted to the Planning Conditions of Approval
PA 2019-34/TTM 37922/CUP 2019-19/CDR 2019-27 CC: March 12, 2024 (EOT) Applicant’s Initials: _____ Page 2 of 19
Division for processing within 48 hours of the project’s approval.

PLANNING DIVISION

5. Tentative Tract Map No. 37922 will expire two years from the date of approval on January 25, 2026 unless within that period of time a Final Map has been filed with the County Recorder, or an extension of time is granted by the City Council in accordance with the State of California Subdivision Map Act and applicable requirements of the Lake Elsinore Municipal Code (LEMC).

6. Tentative Tract Map No. 37922 shall comply with the State of California Subdivision Map Act and applicable requirements contained in the LEMC, unless modified by these Conditions of Approval.

7. Conditional Use Permit No. 2019-19 shall lapse and become void two years following the date on which the conditional use permit became effective on January 25, 2026, unless one of the following: (1) prior to the expiration of two years, a building permit related to the conditional use permit is issued and construction commenced and diligently pursued toward completion; or (2) prior to the expiration of two years, the applicant has applied for and has been granted an extension of the conditional use permit approval pursuant to subsections (a), (b), and (c) of Lake Elsinore Municipal Code (LEMC) Section 17.415.070.D.2. Subject to the provisions of LEMC Section 17.415.070.I, a conditional use permit granted pursuant to the provisions of this section shall run with the land and shall continue to be valid upon a change of ownership of the site or structure, which was the subject of the Conditional Use Permit application.

8. Commercial Design Review No. 2019-27 shall lapse and become void two years following the date on which the design review became effective on January 25, 2026, unless one of the following: (1) prior to the expiration of two years, a building permit related to the design review is issued and construction commenced and diligently pursued toward completion; or (2) prior to the expiration of two years, the applicant has applied for and has been granted an extension of the design review approval pursuant to subsections (1) and (2) of Lake Elsinore Municipal Code (LEMC) Section 17.415.050.I.1. Notwithstanding conditions to the contrary, a design review granted pursuant to LEMC Section 17.415.050.I.2 shall run with the land for this two-year period, subject to any approved extensions, and shall continue to be valid upon a change of ownership of the site, which was the subject of the design review application.

9. An application for modification, expansion or other change in a Conditional Use Permit shall be reviewed according to the provisions of the Section 17.415.070 of the LEMC, in a similar manner as a new application.

10. If operation of this use triggers concerns related to parking, noise, traffic, or other impacts, at the discretion of the Community Development Director, this Conditional Use Permit may be referred back to the Planning Commission for subsequent review at a Public Hearing. If necessary, the Commission may modify or add conditions of approval to mitigate such impacts, or may revoke said Conditional Use Permit.

11. The applicant shall provide all project-related on-site and off-site improvements as required by these Conditions of Approval.

Conditions of Approval
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12. All Conditions of Approval shall be reproduced on page one of building plans prior to their acceptance by the Building and Safety Division, Community Development Department. All Conditions of Approval shall be met prior to the issuance of a Certificate of Occupancy.

13. All future development proposals shall be reviewed by the City on a project-by-project basis. If determined necessary by the Community Development Director or designee, additional environmental analysis will be required.

14. Any proposed minor revisions to approved plans shall be reviewed and approved by the Community Development Director or designee. Any proposed substantial revisions to the approved plans shall be reviewed according to the provisions of the Municipal Code in a similar manner as a new application.

15. Provisions of the City's Noise Ordinance (LEMC Chapter 17.176) shall be satisfied during all site preparation and construction activity. Site preparation activity and construction shall not commence before 7:00 AM and shall cease no later than 5:00 PM, Monday through Friday. Only finish work and similar interior construction may be conducted on Saturdays and may commence no earlier than 8:00 am and shall cease no later than 4:00 p.m.

Construction activity shall not take place on Sunday, or any Legal Holidays.

16. No individual signs are approved as part of this approval. The applicant or designee shall submit an application for a sign permit, pay appropriate fees and receive approval from the Community Development Department for any sign(s) installed at the project site. OR The applicant shall submit a sign program for review and approval of the Planning Commission prior to installation. Sign plans submitted to the City for review shall incorporate City identification signs.

17. In accordance with Section 17.112.090.O. of the LEMC, establishments engaged in the concurrent sale of motor vehicle fuel with alcoholic beverages shall abide by the following requirements:
a. No beer or wine shall be displayed within five feet of the cash register or the front door. b. No advertisement of alcoholic beverages shall be displayed at motor fuel islands. c. No sale of alcoholic beverages shall be made from a drive-in window. d. No display or sale of beer or wine shall be made from an ice tub. e. No beer or wine advertising shall be located on motor fuel islands and no self-illuminated advertising for beer or wine shall be located on buildings or windows. f. Employees on duty between the hours of 10:00 p.m. and 2:00 a.m. shall be at least 21 years of age to sell beer and wine.

18. Graffiti shall be removed within 24 hours.

19. The entire site shall be kept free from trash and debris at all times and in no event shall trash and debris remain for more than 24 hours.

20. No outside overnight storage of inoperable vehicles shall occur at the site.

21. There shall be no loitering in or around the business.

22. All roof mounted or ground support air conditioning units or other mechanical equipment incidental to development shall be architecturally screened or shielded by landscaping so Conditions of Approval
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that they are not visible from neighboring property or public streets. Any roof mounted central swamp coolers shall also be screened, and the Community Development Director, prior to issuance of building permit shall approve screening plan.

23. The property address (in numerals at least six inches high) shall be displayed near the entrance and be easily visible from the front of the subject property and public right-of-way.

24. The applicant shall construct trash enclosure(s) with a decorative roof to match the colors, materials and design of the project architecture.

25. If any of the conditions of approval set forth herein fail to occur, or if they are, by their terms, to be implemented and maintained over time, if any of such conditions fail to be so implemented and maintained according to their terms, the City shall have the right to revoke or modify all approvals herein granted, deny or further condition issuance of all future building permits, deny revoke, or further condition all certificates of occupancy issued under the authority of approvals herein granted; record a notice of violation on the property title; institute and prosecute litigation to compel their compliance with said conditions or seek damages for their violation.

Prior to Recordation of Final Map(s)

26. All lots shall comply with minimum standards set forth in the General Commercial (C-2) zoning designation of the LEMC.

27. A precise survey with closures for boundaries and all lots shall be provided per the LEMC.

28. All of the project improvements shall be designed by the applicant's Civil Engineer to the specifications of the City of Lake Elsinore.

29. Prior to recordation of a Final Map, the applicant shall initiate and complete the formation of a Property Owner’s Association (POA) which shall be approved by the City. All Association documents that address including, but not limited to, reciprocal easements, shall be submitted for review and approval by City Planning, Engineering and the City Attorney and upon City approval shall be recorded. Such documents shall include the Articles of Incorporation for the Association and Covenants, Conditions and Restrictions (CC&Rs). a. All slopes, landscaping within public right-of-way, all drainage basins, and common areas including but not limited to parking areas and drive aisles, shall be maintained by the (POA).
b. Provisions to restrict parking upon other than approved and developed parking spaces shall be written into the CC&Rs for the project.

Prior to Issuance of Grading Permits/Building Permits

30. The applicant shall pay all applicable City fees, including but not limited to Development Impact Fees (DIF) and MSHCP Fees per LEMC Section 16.85, at the rate in effect at the time of payment.

31. All roof mounted or ground support air conditioning units or other mechanical equipment incidental to development shall be architecturally screened or shielded by landscaping so that they are not visible from neighboring property or public streets. Any roof mounted Conditions of Approval
PA 2019-34/TTM 37922/CUP 2019-19/CDR 2019-27 CC: March 12, 2024 (EOT) Applicant’s Initials: _____ Page 5 of 19
central swamp coolers shall also be screened, and the Community Development Director, prior to issuance of building permit shall approve screening plan.

32. A uniform hardscape and street furniture design including seating benches, trash receptacles, free-standing potted plants, bike racks, light bollards, etc., shall be utilized and be compatible with the architectural style. Detailed designs shall be submitted for Planning Division review and approval prior to the issuance of building permits.

33. Prior to issuance of Building Permit, the Applicant shall submit a photometric study to the Community Development Department for review and approval. The plan shall ensure that all exterior on-site lighting are shielded and directed on-site so as not to create glare onto neighboring properties and streets or allow illumination above the horizontal plane of the fixture.

34. Prior to the issuance of a Building Permit, all exterior wall mounted and freestanding light fixtures shall be submitted for review and approval by the Director of Community Development, or their designee. Light fixtures shall compliment the architectural style of the buildings onsite.

35. Prior to the issuance of a Building Permit, the color, finish and pattern of all decorative paving onsite shall be submitted for review and approval by the Director of Community Development, or their designee.

36. Prior to issuance of building permit, the applicant shall prepare a Final Wall and Fence Plan shall be submitted for review and approval by the Director of Community Development, or their designee.

37. Prior to issuance of a building permit, Final Landscaping / Irrigation Detail Plans shall be submitted along with appropriate fees for review and approval by the Community Development Director or designee.
a. All planting areas shall have permanent and automatic sprinkler system with 50% plant coverage using a drip irrigation method.
b. Mature specimen trees shall be planted on locations visible from public views. c. All planting areas shall be separated from paved areas with a six inch (6”) high and six inch (6”) wide concrete curb. Runoff shall be allowed from paved areas into landscape areas.
d. Planting within fifteen feet (15’) of ingress/egress points shall be no higher than twentyfour inches (24”). e. Landscape planters shall be planted with an appropriate parking lot shade tree pursuant to the LEMC and Landscape Design Guidelines.
f. No required tree planting bed shall be less than 5 feet wide. g. Root barriers shall be installed for all trees planted within 10 feet of hardscape areas to include sidewalks.
h. Any transformers and mechanical or electrical equipment shall be indicated on landscape plan and screened as part of the landscaping plan. i. The landscape plan shall provide for ground cover, shrubs, and trees and meet all requirements of the City’s adopted Landscape Guidelines. j. All landscape improvements shall be bonded 100% for material and labor for two years from installation sign-off by the City. Release of the landscaping bond shall be requested by the applicant at the end of the required two years with approval/acceptance reviewed Conditions of Approval
PA 2019-34/TTM 37922/CUP 2019-19/CDR 2019-27 CC: March 12, 2024 (EOT) Applicant’s Initials: _____ Page 6 of 19
by the Landscape Consultant and approved by the Community Development Director or Designee.
k. All landscaping and irrigation shall be installed within affected portion of any phase at the time a Certificate of Occupancy is requested for any building. l. Final landscape plan must be consistent with approved site plan. m. Final landscape plans to include planting and irrigation details. n. Final landscape plans shall include drought tolerant planting consistent with Elsinore Valley Municipal Water District standards subject to plan check and approval by the City. o. No turf shall be permitted.

38. Landscaping installed for the project shall be continuously maintained to the reasonable satisfaction of the Community Development Director. If it is determined that the landscaping is not being maintained, the Director of Community Development shall have the authority to require the property owner to bring the landscaping into conformance with the approved landscape plan. The continued maintenance of all landscaped areas shall be the responsibility of the developer or any successors in interest.

39. The proposed location of on-site construction trailers shall be approved by the Community Development Director or designee. A cash bond of $1,000 shall be required for any construction trailers placed on the site and used during construction. Bonds will be released after removal of trailers and restoration of the site to an acceptable state, subject to approval of the Community Development Director or designee. Such trailer(s) shall be fully on private property and outside the public right of way.

BUILDING DIVISION
General Conditions

40. Final Building and Safety Conditions. Final Building and Safety Conditions will be addressed when building construction plans are submitted to Building and Safety for review. These conditions will be based on occupancy, use, the California Building Code (CBC), and related codes which are enforced at the time of building plan submittal.

41. Compliance with Code. All design components shall comply with applicable provisions of the 2019 2022 edition of the California Building, Plumbing and Mechanical Codes: 2019 2022 California Electrical Code; California Administrative Code, 2019 California Energy Codes, 2019 2022 California Green Building Standards, California Title 24 Disabled Access Regulations, and Lake Elsinore Municipal Code.

42. Green Measures. The application shall provide 10% voluntary green measures on the project, as stipulated by the 2019 2022 California Green Building Standards.

43. Disabled Access. Applicant shall provide details of all applicable disabled access provisions and building setbacks on plans to include:
a. All ground floor units to be adaptable.
b. Disabled access from the public way to the entrance of the building. c. Van accessible parking located as close as possible to the main entry. d. Path of accessibility from parking to furthest point of improvement. e. Path of travel from public right-of-way to all public areas on site, such as clubhouse, trach enclosure tot lots and picnic areas.

Conditions of Approval
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44. Street Addressing. Applicant must obtain street addressing for all proposed buildings by requesting street addressing and submitting a site plan for commercial or multi-family residential projects or a recorded final map for single- family residential projects. It takes 10 days to issue address and notify other agencies. Please contact Sonia Salazar at [email protected] or 951-674-3124 X 277.

45. Clearance from LEUSD. A receipt or clearance letter from the Lake Elsinore School District shall be submitted to the Building and Safety Department evidencing the payment or exemption from School Mitigation Fees.

46. Obtain Approvals Prior to Construction. Applicant must obtain all building plans and permit approvals prior to commencement of any construction work.

47. Obtaining Separate Approvals and Permits. Trash enclosures, patio covers, light standards, and any block walls will require separate approvals and permits.

48. Sewer and Water Plan Approvals. On-site sewer and water plans will require separate approvals and permits. Septic systems will need to be approved from Riverside County Environmental Health Department before permit issuance.

49. House Electrical Meter. Applicant shall provide a house electrical meter to provide power for the operation of exterior lighting, irrigation pedestals and fire alarm systems for each building on the site. Developments with single user buildings shall clearly show on the plans how the operation of exterior lighting and fire alarm systems when a house meter is not specifically proposed.

At Plan Review Submittal

50. Submitting Plans and Calculations. Applicant must submit to Building and Safety four (4) complete sets of plans and two (2) sets of supporting calculations for review and approval including:
a. An electrical plan including load calculations and panel schedule, plumbing schematic, and mechanical plan applicable to scope of work.
b. A Sound Transmission Control Study in accordance with the provisions of the Section 1207, of the 2019 2022 edition of the California Building Code. c. A precise grading plan to verify accessibility for the persons with disabilities. d. Truss calculations that have been stamped by the engineer of record of the building and the truss manufacturer engineer.

Prior to Issuance of Grading Permit(s)

51. Onsite Water and Sewer Plans. Onsite water and sewer plans, submitted separately from the building plans, shall be submitted to Building and Safety for review and approval.

52. Demolition Permits. A demolition permit shall be obtained if there is an existing structure to be removed as part of the project.

Prior to Issuance of Building Permit(s)
Conditions of Approval
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53. Plans Require Stamp of Registered Professional. Applicant shall provide appropriate stamp of a registered professional with original signature on the plans. Provide C.D. of approved plans to the Building Division.

Prior to Beginning of Construction

54. Pre-Construction Meeting. A pre-construction meeting is required with the building inspector prior to the start of the building construction.

ENGINEERING DEPARTMENT
General

55. All new submittals for plan check or permit shall be made using the City’s online Citizen Self-Service Portal (CSSP).

56. All plans (Street, Storm Drain, Improvement, Grading) shall be prepared by a Registered Civil Engineer using the City’s standard title block.

57. All required soils, geology, hydrology and hydraulic and seismic reports shall be prepared by a Registered Civil Engineer.

58. All slopes and landscaping within the public right-of-way shall be maintained by the property owner, owner’s association, firms contracted by the property owner’s association, or another maintenance entity approved by the City Council.

59. All open space and slopes except for public parks and schools and flood control district facilities, outside the public right-of-way shall be owned and maintained by the property owner or property owner’s association.

60. In accordance with the City’s Franchise Agreement for waste disposal & recycling, the applicant shall be required to contract with CR&R Inc. for removal and disposal of all waste material, debris, vegetation and other rubbish generated both during cleaning, demolition, clear and grubbing or all other phases of construction and during occupancy.

61. Applicant shall submit a detailed hydrology and hydraulic study for review for the sufficient containment and conveyance of the storm water to a safe and adequate point as approved by the City Engineer.

62. The site will accommodate all construction activity, building activity, vehicles, etc. No staging on public streets, or private property belonging to others shall be conducted without the written permission of the property owner.

FEES

63. Applicant shall pay all applicable permit application and Engineering assessed fees, including without limitation plan check and construction inspection fees, at the prevalent rate at time of payment in full.

64. Applicant shall pay all applicable Mitigation and Development Impact Fees at the prevalent rate at time of payment in full. Mitigation and Development Impact Fees include without Conditions of Approval
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limitation:
 Master Plan of Drainage Fee – Due prior to Grading Permit issuance  Traffic Infrastructure Fee (TIF) – Due prior to Building Permit issuance  Transportation Uniform Mitigation Fee (TUMF) – Due prior to Occupancy

LAND DIVISION-DEDICATION

65. All required public right-of-way dedications and easements shall be prepared by the developer or his agent and shall be submitted to the Engineering Department for review and approval.

66. Owner shall dedicate on the Final Map to the City right-of-way along Lake Street adjacent to the property frontage for a total right-of-way of 60 feet from centerline to the project property line.

67. Owner shall dedicate on the Final Map to the City right-of-way along Mountain Street adjacent to the property frontage for a total right-of-way of 30 feet minimum from centerline to the project property line.

68. The project shall vacate/abandon City approved excess right-of-way by separate instrument. All City costs for processing a vacation/abandonment (ex. Publication, noticing) shall be invoiced and paid by the developer.

69. Monumentation shall be in accordance with Lake Elsinore Municipal Code 16.32 and the Subdivision Map Act. Security and Inspection fee for monumentation shall be paid and two contiguous monuments shall be inspected prior to scheduling Final Map for City Council.

70. Covenants, Conditions and Restrictions (CC&Rs) shall be submitted to the Engineering Department for review and approval.

71. Legal agreements and financial commitments (LLMD, CFD, etc.) for operation and maintenance be recorded prior to Certificate of Occupancy.

STORM WATER MANAGEMENT / POLLUTION PREVENTION / NPDES
Design

72. The project is responsible for complying with the Santa Ana Region NPDES Permits as warranted based on the nature of development and/or activity. These Permits include:
 General Permit – Construction
 De Minimus Discharges
 MS4

73. A Water Quality Management Plan (WQMP) – Preliminary and Final – shall be prepared using the Santa Ana Region 8 approved template and guidance and submitted for review and approval to the City.
 The Final WQMP shall be approved by the City prior to rough or precise grading plan approval and issuance of any permit for construction.

74. The Final WQMP shall document the following:

Conditions of Approval
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 Detailed site and project description.
 Potential stormwater pollutants.
 Post-development drainage characteristics.
 Low Impact Development (LID) BMP selection and analysis.  Structural and non-structural source control BMPs.
 Treatment Control BMPs.
 Site design and drainage plan (BMP Exhibit).
 Documentation of how vector issues are addressed in the BMP design, operation and maintenance.
 GIS Decimal Minute Longitude and Latitude coordinates for all LID and Treatment Control BMP locations.
 HCOC – demonstrate that discharge flow rates, velocities, duration and volume for the post construction condition from a 2-year and 10-year, 24-hour rainfall event will not cause adverse impacts on downstream erosion and receiving waters, or measures are implemented to mitigate significant adverse impacts downstream public facilities and water bodies. Evaluation documentation shall include pre- and post-development hydrograph volumes, time of concentration and peak discharge velocities, construction of sediment budgets, and a sediment transport analysis. (Note the facilities may need to be larger due to flood mitigation for the 10-year, 6- and 24-hour rain events).  Operations and Maintenance (O&M) Plan and Agreement (using City approved form and/or CC&Rs) as well as documentation of formation of funding district for long term maintenance costs.

75. The 2010 SAR MS4 Permit requires evaluation of the site for implementation of LID Principles and LID Site Design, where feasible, to treat the pollutants of concern identified for the project, the following manner (from highest to lowest priority):
 Evaluate site for highest and best use applicability (Exemption for projects that discharge to Lake Elsinore).
 Preventative measures (these are mostly non-structural measures, e.g. minimizing impervious areas, conserving natural areas, minimizing directly connected impervious areas, etc.)
 The Project shall in the order presented: infiltrate, harvest and use, evapotranspire and/or bio-treat the Design Capture Volume (DCV).
 The Project shall consider a properly engineered and maintained bio-treatment system only if infiltration, harvesting and use and evapotranspiration cannot be feasibly implemented at the project site.
 Any portion of the DCV that is not infiltrated, harvested and used, evapotranspired, and/or bio-treated shall be treated and discharged in accordance with the requirements set forth in Section XII.G.

76. Parking lot landscaping areas shall be designed to provide for treatment, retention or infiltration of runoff.

77. Project hardscape areas shall be designed and constructed to provide for drainage into adjacent landscape.

78. Project trash enclosure shall be covered, bermed, and designed to divert drainage from adjoining paved areas and regularly maintained.

79. Hydromodification / Hydraulic Conditions of Concern – The project shall identify potential Conditions of Approval
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Hydraulic Conditions of Concern (HCOC) and implement measures to limit disturbance of natural water bodies and drainage systems; conserve natural areas; protect slopes and channels; and minimize significant impacts from urban runoff.

80. If CEQA identifies resources requiring Clean Water Act Section 401 Permitting, the applicant shall obtain certification through the Santa Ana Regional Water Quality Control Board and provide a copy to the Engineering Department.

81. All storm drain inlet facilities shall be appropriately marked “Only Rain in the Storm Drain” using the City authorized marker.

82. The project shall use either volume-based and/or flow-based criteria for sizing BMPs in accordance with NPDES Permit Provision XII.D.4.

83. The project site shall implement full trash capture methods/devices approved by the Region Water Quality Control Board.

84. To meet NPDES requirements, all vehicle/equipment washing/steam cleaning areas must be self-contained and/or covered, equipped with a clarifier or other pretreatment facility, and properly connected to a sanitary sewer or other appropriately permitted disposal facility.

PLAN REQUIREMENTS: The Owner/Applicant shall incorporate these vehicle/equipment wash requirements into project design and depict on plans, including detail plans as needed.

Construction

85. A Storm Water Pollution Prevention Plan (SWPPP) (as required by the NPDES General Construction Permit) and compliance with the Green Building Code for sediment and erosion control are required for this project.

86. Prior to grading or building permit for construction or demolition and/or weed abatement activity, projects subject to coverage under the NPDES General Construction Permit shall demonstrate that compliance with the permit has been obtained by providing a copy of the Notice of Intent (NOI) submitted to the State Water Resources Control Board and a copy of the notification of the issuance of a Waste Discharge Identification (WDID) Number or other proof of filing to the satisfaction of the City Engineer. A copy of the SWPPP shall be kept at the project site, updated, and be available for review upon request.

87. Erosion & Sediment Control – All Projects – Prior to the issuance of any grading or building permit for construction or demolition, the applicant shall submit for review and approval by the City Engineer, an Erosion and Sediment Control Plan as a separate sheet of the grading plan submittal to demonstrate compliance with the City’s NPDES Program and state water quality regulations for grading and construction activities. A copy of the plan shall be incorporated into the SWPPP, kept updated as needed to address changing circumstances of the project site, be kept at the project site, and available for review upon request.

88. The project shall implement LID practices that treat the 85th percentile storm in the priority order as follows:
 Highest and best use – treat all pollutants of concern to a medium to high level and discharge (applicable to projects discharging to Lake Elsinore)  Infiltrate
 Harvest and use
Conditions of Approval
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 Evapotranspire and/or bio-treat

89. Chemical Management – Prior to issuance of building permits for any tank or pipeline, the uses of said tank or pipeline shall be identified and the developer shall submit a Chemical Management Plan in addition to a WQMP with all appropriate measures for chemical management (including, but not limited to, storage, emergency response, employee training, spill contingencies and disposal) in a manner meeting the satisfaction of the Manager, Permit Intake, in consultation with the Riverside County Fire Department and wastewater agencies, as appropriate, to ensure implementation of each agency’s respective requirements. A copy of the approved “Chemical Management Plans” shall be furnished to the Fire Marshall, prior to the issuance of any Certificates of Use and Occupancy.

Post-Construction

90. Prior to the issuance of a certificate of use and/or occupancy, the applicant shall demonstrate compliance with applicable NPDES permits for construction, industrial/commercial, MS4, etc. to include:
 Demonstrate that the project has compiled with all non-structural BMPs described in the project’s WQMP.
 Provide signed, notarized certification from the Engineer of Work that the structural BMPs identified in the project’s WQMP are installed in conformance with approved plans and specifications and operational.
 Submit a copy of the fully executed, recorded City approved Operations and Maintenance (O&M) Plan and Agreement for all structural BMPs or a copy of the recorded City approved CC&R.
 The Operation and Maintenance (O&M) Plan and Agreement and/or CC&R’s shall: (1) describe the long-term operation and maintenance requirements for BMPs identified in the BMP Exhibit; (2) identify the entity that will be responsible for long-term operation and maintenance of the referenced BMPs; (3) describe the mechanism for funding the long-term operation and maintenance of the referenced BMPs; and (4) provide for annual certification for water quality facilities by a Registered Civil Engineer. The City format shall be used.
 Provide documentation of annexation into a CFD for funding facilities to be maintained by the City.
 Demonstrate that copies of the project’s approved WQMP (with recorded O&M Plan or CC&R’s attached) are available for each of the initial occupants.  Agree to pay for a Special Investigation from the City of Lake Elsinore for a date twelve (12) months after the issuance of a Certificate of Use and/or Occupancy for the project to verify compliance with the approved WQMP and O&M Plan. A signed/sealed certification from the Engineer of Work dated 12 months after the Certificate of Occupancy will be considered in lieu of a Special Investigation by the City.  Provide the City with a digital .pdf copy of the Final WQMP.

UTILITIES

91. All arrangements for relocation of utility company facilities (power poles, vaults, etc.) out of the roadway shall be the responsibility of the property owner or his agent. Overhead utilities (34.5 kV or lower) shall be undergrounded. All power lines (temporary or permanent) shall comply with Caltrans standards for vehicle clearance.

Conditions of Approval
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92. Underground water rights shall be dedicated to the City pursuant to the provisions of Section

16.52.030 (LEMC), and consistent with the City’s agreement with the Elsinore Valley Municipal Water District.

93. Developer shall apply for, obtain and submit to the City Engineering Department a letter from Southern California Edison (SCE) indicating that the construction activity will not interfere with existing SCE facilities.

94. Developer shall submit a “Will Serve” letter to the City Engineering Department from the applicable water agency stating that water and sewer arrangements have been made for this project and specify the technical data for the water service at the location, such as water pressure, volume, etc.

IMPROVEMENTS
Design

95. Sight distance into and out and throughout the project location shall comply with City or Caltrans standards.

96. 10-year storm runoff shall be contained within the curb and the 100-year storm runoff shall be contained within the street right-of-way. When either of these criteria are exceeded, drainage facilities shall be provided.

97. All drainage facilities in this project shall be constructed to Riverside County Flood Control District Standards.

98. A drainage study shall be provided. The study shall identify the following: identify storm water runoff from and upstream of the site; show existing and proposed off-site and on-site drainage facilities; and include a capacity analysis verifying the adequacy of the facilities.

The drainage system shall be designed to ensure that runoff from a 10-year storm of 6 hours and 24 hours duration under developed condition is equal or less than the runoff under existing conditions of the same storm frequency. Both 6-hour and 24-hour storm duration shall be analyzed to determine the detention

99. All natural drainage traversing the site shall be conveyed through the site, or shall be collected and conveyed by a method approved by the City Engineer. All off-site drainage, if different from historic flow, shall be conveyed to a public facility. 100. Roof drains shall not be allowed to outlet directly through coring in the street curb. Roofs should drain to a landscaped area.
101. The site shall be planned and developed to keep surface water from entering buildings (California Green Building Standards Code 4.106.3).
102. All existing storm drain inlet facilities adjacent to the subject properties shall be retrofitted with a storm drain filter; all new storm drain inlet facilities constructed by this project shall include a storm drain filter. Off-site facilities shall be maintained by the City with maintenance funded through a CFD or other City authorized assessment. 103. Developer shall be responsible at a minimum for the installation of half-width improvements Conditions of Approval
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including, but not limited to curb, gutter, sidewalk, roadway pavement, and drainage improvements on Lake Street to the ultimate 60-foot half-width cross section along the property frontage. The project will construct the raised median on Lake Street to restrict access to right-in/right-out access at the two driveways on Lake Street. 104. Developer shall be responsible at a minimum for installation of half-width improvements including, but not limited to curb, gutter sidewalk, roadway pavement, and drainage improvements on Mountain Street to the ultimate 30-foot half-width cross section along the property frontage. The project will construct a pork chop island to restrict access to rightin/right-out for Driveway 2 as shown on Exhibit 1-1 of the Traffic Impact Analysis dated January 17, 2020.
105. Developer shall provide transition or offset from westerly driveway on Mountain Street to existing curb at westerly property line.
106. Developer shall implement improvements identified in Section 1.6 of the Traffic Impact Analysis dated January 17, 2020.
107. Developer shall submit signing and striping plans for City review and approval. All signing and traffic control devices shall be installed prior to occupancy. 108. Developer shall install permanent benchmarks per City Standards and at location to be determined by the City Engineer.
109. A California Registered Civil Engineer shall prepare the improvement plans required for this project. Improvements shall be designed and constructed to City Standards and Codes (LEMC 12.04 and 16.34).
110. If existing improvements are to be modified, the existing improvement plans on file shall be revised accordingly and approved by the City Engineer prior to issuance of a building permit.

Permitting/Construction
111. An Encroachment Permit shall be obtained prior to any work on City right-of-way. The developer shall submit the permit application, required fees and executed agreements, security and other required documentation prior to issuance. 112. All compaction reports, grade certification, monument certification (with tie notes delineated on 8 ½ X 11” Mylar) shall be submitted to the Engineering Department before final inspection of public works improvements will be scheduled and approved.

PRIOR TO GRADING PERMIT
Design
113. A grading plan signed and stamped by a California Registered Civil Engineer shall be submitted for City review and approval for all addition and/or movement of soil (grading) on site. The plan shall include separate sheets for erosion control, haul route and traffic control.

The grading submittal shall include all supporting documentation and be prepared using City standard title block, standard drawings and design manual.

Conditions of Approval
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114. All grading plan contours shall extend to minimum of 50 feet beyond property lines to indicate existing drainage pattern.
115. The grading plan shall show that no structures, landscaping, or equipment are located near the project entrances that could reduce sight distance. 116. If the grading plan identifies alterations in the existing drainage patterns as they exit the site, a Hydrology and Hydraulic Report for review and approval by City Engineer shall be required prior to issuance of grading permits. All grading that modifies the existing flow patterns and/or topography shall be in compliance with Federal, State and Local law and be approved by the City Engineer.
117. A seismic study shall be performed on the site to identify any hidden earthquake faults, liquefaction and/or subsidence zones present on-site. A certified letter from a registered geologist or geotechnical engineer shall be submitted confirming the absence of this hazard prior to grading permit. The location of faults, active or inactive shall be shown on the plan sets.
118. Developer shall obtain all necessary off-site easements and/or permits for off-site grading and the applicant shall accept drainage from the adjacent property owners. 119. Developer shall mitigate to prevent any flooding and/or erosion downstream caused by development of the site and/or diversion of drainage.
120. All natural drainage traversing the site (historic flow) shall be conveyed through the site in a manner consistent with the historic flow or to one or a combination of the following: to a public facility; accepted by adjacent property owners by a letter of drainage acceptance; or conveyed to a drainage easement as approved by the City Engineer.

Permitting/Construction
121. Developer shall execute and submit grading and erosion control agreement, post grading security and pay permit fees as a condition of grading permit issuance. 122. A preconstruction meeting with the City Engineering Inspector (Engineering Department) is required prior to commencement of any grading activity. 123. Prior to commencement of grading operations, developer is to provide to the City a map of all proposed haul routes to be used for movement of export material. All such routes shall be subject to the review and approval of the City Engineer. Haul route shall be submitted prior to issuance of a grading permit. Hauling in excess of 5,000 cubic yards shall be approved by the City Council (LEMC 15.72.065).
124. Export sites located within the Lake Elsinore City limits must have an active grading permit. 125. Applicant to provide to the City a video record of the condition of all proposed public City haul roads. In the event of damage to such roads, the applicant shall pay full cost of restoring public roads to the baseline condition. A bond may be required to ensure payment of damages to the public right-of-way, subject to approval of the City Engineer. 126. All grading shall be done under the supervision of a geotechnical engineer. Slopes steeper Conditions of Approval
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than 2 to 1 shall be evaluated for stability and proper erosion control and approved by the City.
127. Review and approval of the project sediment and erosion control plan shall be completed.

As warranted, a copy of the current SWPPP shall be kept at the project site and be available for review upon request.
128. Approval of the project Final Water Quality Management Plan (WQMP) for post construction shall be received prior to issuance of a grading or building permit. 129. Submit applicable environmental clearance document to the Engineering Department. This approval shall identify and clear all proposed grading activity anticipated for this project.

PRIOR TO BUILDING PERMIT
130. Provide soils, geology and seismic report, including recommendations for parameters for seismic design of buildings, and walls prior to building permit. 131. Prior to issuance of certificates of use and occupancy or building permits for individual tenant improvements or construction permits for a tank or pipeline, facility uses shall be identified and, for specified uses (where the proposed improvements will store, generate or handle hazardous materials in quantities that will require permitting and inspection once operational), the applicant shall propose plans and measures for chemical management (including, but not limited to storage, emergency response, employee training, spill contingencies and disposal) to the satisfaction of the City Building Official(s). 132. All street improvement plans, traffic signal plans, signing and striping plans shall be completed an approved by the City Engineer per Traffic Impact Analysis dated June 4, 2021, as specified.
133. All required public right-of-way dedications and easements shall be prepared by the developer or his agent and shall be submitted to the Engineering Department for review and approval prior to issuance of the building permit.

PRIOR TO OCCUPANCY / FINAL APPROVAL
134. All public improvements shall be installed in accordance with the approved plans or as condition of this development to the satisfaction of the City Engineer. 135. Proof of acceptance for maintenance responsibility of slopes, open spaces, landscape areas, and drainage facilities shall be provided.
136. Covenants, Conditions and Restrictions (CC&Rs) shall be recorded prior to occupancy. A digital copy shall be provided to the Engineering Department. 137. As-built plans for all approved plan sets shall be submitted for review and approval by the City. Developer/Owner is responsible for revising the original mylar plans. 138. In the event of the damage to City roads from hauling or other construction related activity, applicant shall pay full cost of restoring public roads to the baseline condition.

Conditions of Approval
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139. Final soil report showing compliance with recommendations, compaction reports, grade certifications, monument certification (with tie notes delineated on 8 ½ X 11” Mylar) shall be submitted in .tif format on a USB flash drive or electronically to the Engineering Department before final inspection will be scheduled.
140. All required public right-of-way dedications, easements, vacations and easement agreement(s) shall be recorded with a recorded copy provided to the City prior to occupancy. 141. Developer shall pay all outstanding applicable processing and development fees prior to occupancy and/or final approval.

PROJECT CLOSEOUT / SECURITY RELEASE
142. Developer shall submit documentation pursuant to City’s Security Release handout. 143. Developer shall submit as-built all Engineering Department approved project plan sets. After City approval of paper copy, the developer/owner is responsible for revising the original mylar plans. Once the original mylars have been approved, the developer shall provide the City with a digital copy of the “as-built” plans in .tif format. 144. Developer shall provide AutoCAD and GIS Shape files of all Final Maps, Street and Storm Drain plans. All data must be in projected coordinate system: NAD 83 State Plane California Zone VI U.S. Fleet.

CITY OF LAKE ELSINORE FIRE MARSHAL
145. The applicant/operator shall comply with all requirements of the Riverside County Fire Department Lake Elsinore Office of the Fire Marshal. Questions should be directed to the Riverside County Fire Department, Lake Elsinore Office of the Fire Marshal at 130 S. Main St., Lake Elsinore, CA 92530. Phone: (951) 671-3124 Ext. 225. 146. Hazardous Fire Area: this project is in a Very High Fire Hazard Severity Zone of Riverside County as shown on a map on file with the Clerk of the Board of Supervisors. Any building constructed within this project shall comply with the special construction provisions contained in Lake Elsinore Municipal Code and the California Building Code. 147. Fire flow and hydrants: the applicant or developer shall provide fire hydrants in accordance with the following:
a. Prior to placing any combustibles on site, provide an approved water source for firefighting purposes.
b. Prior to building permit issuance, submit plans to the water district for a water system capable of delivering fire flow as required by the California Fire Code and Fire Department standards. Fire hydrants shall be spaced in accordance with the California Fire Code. Based on current standards, the required fire flow is estimated to be 1,500 GPM at 20 PSI for a 2 hour duration. Estimated fire flow is based on 5,000 square foot building area, Type V-B construction, and buildings having a fire sprinkler system per 2019 California Fire Code.
148. Prior to building permit issuance, install the approved water system, approved access roads, Conditions of Approval
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and contact the Fire Department for a verification inspection. 149. Emergency access roads must meet fire department standards at the time of building permit application. Current standards require minimum 24-foot wide roads. Roads must be capable of supporting at least 80,000 pounds.

DEPARTMENT OF ADMINISTRATIVE SERVICES
Annex into the City of Lake Elsinore Community Facilities District No. 2015-2 (Maintenance Services)
150. Prior to approval of a the Final Map or issuance of a Grading Permit (whichever comes first), the applicant shall submit an application to the Department of Administrative Services or building permit (as applicable), the applicant shall to initiate the annexation process into the Community Facilities District No. 2015-2 (Maintenance Services) or current Community Facilities District in place at the time of annexation to fund the on-going operation and maintenance of the public right-of-way landscaped areas and neighborhood parks to be maintained by the City and for street lights in the public right-of-way for which the City will pay for electricity and a maintenance fee to Southern California Edison, including parkways, street maintenance, open space and public storm drains constructed within the development and federal NPDES requirements to offset the annual negative fiscal impacts of the project.

The annexation process shall be completed prior to issuance of the first certificate of occupancy for the project. Alternatively, the applicant may propose alternative financing mechanisms to fund the annual negative fiscal impacts of the project with respect to Maintenance Services. Applicant shall make a non-refundable deposit of $15,000 or at the current rate in place at the time of annexation toward the cost of annexation, formation or other mitigation process, as applicable.

MITIGATION MONITORING AND REPORTING PROGRAM
151. The applicant shall comply with all mitigation measures identified in the Mitigation Monitoring & Reporting Program for the Environmental Impact Report (Environmental Review No. 2020-03; SCH # 2020080538) prepared for the Project.

Conditions of Approval
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I hereby state that I acknowledge receipt of the approved Conditions of Approval for the above named project and do hereby agree to accept and abide by all Conditions of Approval as approved by the City Council of the City of Lake Elsinore on January 25, 2022 March 12, 2024. I also acknowledge that all Conditions shall be met as indicated.

Date:

Applicant’s Signature:

Print Name:

Address:

Phone Number:

UTILITIES
WATER: EASTERN MUNICIPAL WATER DISTRICT 951-928-3777

APPLICABLE BUILDING CODES

ALL CONSTRUCTION TO COMPLY
WITH:

PROJECT DESCRIPTION (SOW)APPLICAN
T

DANNY SINGH

TIGER PETROLEUM,
INC. 3017 E. EDINGER AVE.

TUSTIN, CA 92780 CELL PHONE: (949) 630-5345
E-MAIL: dannysingh9@gmail. com
SITE DATA 1 1
TELEPHONE / CABLE:

SPECTRUM
1-833-694- 9259

1. CONDITIONAL USE PERMIT AND COMMERCIAL DESIGN REVIEW. ADDRE SS:

NWC MOUNTAIN ST. & LAKE ST.

LAKE ELSINORE, CA 92530
BUILDING CODE:

PLUMBING CODE:

ELECTRICAL CODE:
2016 CALIFORNIA BUILDING CODE
2016 CALIFORNIA PLUMBING CODE
2016 CALIFORNIA ELECTRIC CODE

2. THE PROJECT INVOLVES (7) SEVEN PARCELS TOTALING APPROXIMATELY 5.60 NET ACRES. PERMIT NUMBER:

APN:

TBD 3.

4. THE PROJECT PROPOSES A 3,400 S.F. C-STORE WITH ATTACHED 1,525 S.F. QSR, AND AN ASSOCIATED (6) SIX MPD 4,089 S.F. FUELING CANOPY.

SEWE R: FRONTIER 1-800-921- 8101
MECHANICAL CODE: 2016 CALIFORNIA MECHANICAL CODE 389-030-012, 013, 014, 015, 016, 017, 018 EASTERN MUNICIPAL WATER DISTRICT 951-928-3777 ENERGY CODE:

GREEN BUILDING:

FIRE CODE:
2016 CALIFORNIA ENERGY CODE
2016 CALIFORNIA GREEN BUILDING CODE
2016 CALIFORNIA FIRE CODE (2015 IFC)
A PROPOSED 3,150 S.F. 90 FOOT LONG EXPRESS CONVEYOR BELT CAR WASH WITH ASSOCIATED 20 VACUUM STALLS.

LOT
SIZE:

EXISTING: 6.07 ACRES
(264,583 S.F.) PROPOSED: 5.63 ACRES
(245,324 S.F.)

ARCHITECT / EXHIBIT PREPARER
EMPIRE DESIGN GROUP, INC. PO BOX 944 MURRIETA, CA 92564 PHONE: (951) 696-1490 WASTE: WASTE MANAGEMENT 1-866-909-4458
GAS
: 5.

6. 4.

A PROPOSED 4,850 S.F. RETAIL BUILDING A CONSISTING OF 5 SUITES.

A PROPOSED 4,850 S.F. RETAIL BUILDING B CONSISTING OF 5 SUITES.

PHYSICAL ADDRESS: 24861 WASHINGTON AVE. MURRIETA, CA 92562 BUILDING AREAS: C-STORE: 3,400 S.F. QSR: 1,525 S.F. CANOPY: 4,089 S.F.

EXPRESS CAR WASH: 3,150 S.F. DRIVE-THRU A: 3,320 S.F. DRIVE-THRU B: 2,520 S.F.

RETAIL A: 4,850 S.F. RETAIL B: 4,850 S.F. RETAIL C: 1,600 S.F.

SOUTHERN CALIFORNIA GAS CO. 1-800-427-2200
*THE PROJECT SHALL COMPLY WITH THE DEVELOPMENT STANDARDS AS OUTLINED IN THE C-2 ZONE AND THE
LEMC
A PROPOSED 3,320 S.F. DRIVE-THRU BUILDING A FAST FOOD RESTAURANT WITH AN ATTACHED 1,600 S.F. RETAIL BUILDING C.

ELECTRICAL:

SOUTHERN CALIFORNIA EDISON 1-800-655-4555
FAX: (951) 5. 696-1443

6. 7.

A PROPOSED 2,520 S.F. DRIVE-THRU B FAST FOOD RESTAURANT WITH A NON-ATTACHED 2,400 S.F. RETAIL BUILDING D.

CELL PHONE: (951) 809- 7601
E-MAIL: [email protected] CONTACT: GREGORY HANN, ARCHITECT ONSITE IMPROVEMENTS CONSIST OF ON-SITE PARKING, WQMP AREAS, SITE CIRCULATION, LANDSCAPING AND SITE LIGHTING. RETAIL D: 2,400 S.F.

TRASH ENCLOSURE A: 176
S.F. (TYP. OF 4)
TRASH ENCLOSURE B: 287
S.F. (TYP. OF 1)

OFFSITE IMPROVEMENTS CONSIST OF NEW UTILITY CONNECTIONS, RIGHT OF WAY DEDICATIONS, DRIVEWAY APPROACHES, A PROPOSED MEDIAN, AND

UNDERGROUNDING OF EXISTING TELEPHONE/POWER POLES FRONTING PROJECT SITE.
1 FLOOR AREA RATIO:

BUILDING HEIGHT:

COUNTY:
.13
MAX HEIGHT: 45'-0"

RIVERSIDE CONSTRUCTIO
N TYPE:

OCCUPANCY
S:

V- B/SPRINKLE RED
SPECIFIC M PLAN:N/A
EXISTING LAND USE:

PROPOSED
LAND USE:

EXISTING
ZONE:

VACA

NT RETAIL / COMMERCIAL
C2 - GENERAL COMMERCIAL
C2 - GENERAL COMMERCIAL
1 1 EXISTING PROPERTY LINE PROPOSED
LANDSCAPE ZONE:

PLANTER HAZARDOUS FIRE AREA: VERY HIGH FIRE HAZARD SEVERITY ZONE

COMPLY WITH LEMC & CBC
1 LANDSC
APE
PLANTE
R

SURROUNDIN G LAND

USE AND
ZONING:

NORTH: C2 - GENERAL RETAIL COMMERCIAL
B
25'X40', 38'
(TYP. OF 5) 4,850 S.F.
20S

RETAIL A
25'X40', 38'
(TYP. OF 5) 4,850 S.F.
20S
SOUTH: R1 - SINGLE FAMILY RESIDENTIAL
EAST: MURDOCK ALBERHILL RANCH SPECIFIC PLAN
WEST: R1 - SINGLE FAMILY RESIDENTIAL
WQMP AREA WQMP AREA WQMP AREA WQMP AREA 1
PARKING REQUIREMENTS: RESTAURANT: 1/45 S.F. CUSTOMER & 1/200 S.F. NON RETAIL: 1/250 S.F. LOADING SPACES REQUIRED
FOR COMMERCIAL BUILDING OVER 12,000 S.F. - 20,000 S.F (N/A) C-STORE: 3,400 S.F. / 250 QSR: 1,525 S.F. (500 S.F. / 45 + 1,025 S.F. / 200)= 16 LANDSC
APE
PLANTE
R

LANDSCAPE PLANTER

CONCRETE WALKWAY
CONCRETE = 14
WALKWAY CONCRETE WALKWAY CANOPY: 4,089 S.F. / 0
EXPRESS CAR WASH: 3,150 S.F. / 0 DRIVE-THRU A: 3,320
S.F.
(1,200 S.F. / 45 + 2,120
S.F. / 200) DRIVE-THRU B: 2,520
S.F.
= 0 T.E. = 0
T.E. A A = 37
(1,000 S.F. / 45 + 1,520 S.F. / 200) RETAIL A: 4,850 S.F. / 250 RETAIL B: 4,850 S.F. / 250 RETAIL C: 1,600 S.F. / 250 RETAIL D: 2,400 S.F. / 250= 30 = 19 = 19 = 6

WQMP AREA PROPOSED ADA PATH OF

TRAVEL THROUGHOUT SITE AND

TO THE PUBLIC RIGHT OF WAY

PROPOSED TREE WELL LOCATIONS,
SEE LANDSCAPE, TYP.

PROPOSED UNDERGROUND
UTILITIES, SEE CIVIL T.E
.B
1 PROPOSED COVERED
VACUUM STALLS, TYP. OF 20

PROPOSED STORM WATER

SYSTEM, SEE CIVIL
1 = 10 DRIVE-THROUGH LANES PROVIDE MINIMUM 8 VEHICLES IN ACCORDANCE WITH LEMC SECTION 17.148.060 (TYP.) TOTAL PARKING REQUIRED= 151

STALLS DRIVE- THROUGH LANES

DRIVE- THROUGH LANES

LANDSCAPE PLANTER
LANDSCAPE PLANTER T.E
.A
TOTAL PARKING PROVIDED = 170 STALLS
(INCLUDING 11 ADA & 20 VACUUM STALLS)
PROVIDE MINIMUM 8 VEHICLES

IN ACCORDANCE WITH LEMC
SECTION 17.148.060 (TYP.)
PROVIDE MINIMUM 8 VEHICLES

IN ACCORDANCE WITH LEMC
SECTION 17.148.060 (TYP.)

LOT COVERAG
E:

BUILDING: 32,695 S.F.
(13%)
LANDSCAPING: 64,572 S.F. (27%)
IMPERVIOUS: 146,781
S.F. (60%)
TOTAL: 245,324 S.F.
(100%)
1 LANDSCAPE PLANTER

CONCRETE WALKWAY
LANDSCAPE PLANTER T.E
.A

LANDSCAPE PLANTER LANDSC
APE
PLANTE
R
1 F12 F4 F5 158T6I0ER
G16A
G56 158T
4I8ER
G
1 7
F1 9'
ELOW) F7(
B
ELOW)
G17A GM
2I
N1
.

CLRA.F
.F
. TG7
T3
6G
60 5E
G9EPR
9EBR9IN'xS
3E0"F
G 0
AUC
ET
F8 SHEET
INDEX
QSR
40'X4 0'
1,525 S.F.
16S

C- STOR E
F3A 48"
C7
4 CC
C
8" 5
4 "
C
1 2
1 9
8 0
G34 BEW
TG3 T
G
3 G7 85'X4 0'
AS 1.0 CONCEPTUAL

SITE PLAN
FRON
CW
2 T C2 F
R
O
N
T
C2 BEL
C
O
5 BECL1O
5 W C3
G1 TG14A C1 C1 C1
G6A A6 B
EL
OW
A7
T
G
10 3,400 S.F.

A
1 4 ALTA/TOPO
SHEET 1 ALTA/NSPA

LAND TITLE SURVEY
G
1 6 T
G
4 A
36"L
x2
4 "
D
36"L
x2
4 "
D 14S
A51
A1C
7 FIL
TE
R
A4 BEAL5OW RETAI L C
A103
7 A(
2 ) BE
A
L4O
9 W SHEET 2

ALTA/NSPA LAND

TITLE SURVEY
A123
(A
2(
)2)
A103
7 A(
2 )
BEAL5OW WH
F
I
P
A
R
OC
3N
RT
E
AM
(2
-A
H1E6
A
A
D
) 40'X4
0'
1,600 S.F.
6S
A18
7 FIL
TE
R CIVI
L
C01 C02 C02 AC03

CONCRETE WALKWAY RETAI L D
40'X6 0'
2,400 S.F.
10S

GRADING PLAN WQMP SITE PLAN EXPRE DETAILS SS

CAR WASH
90'X35 '

UTILITY PLAN
1 LANDSC
APE L1 LANDSCAPE
500 S.F. OF CONCEPT PLAN

CUSTOMER PROPOSED AIR AND

WATER LOCATION
SERVING AREA 3,150 S.F.

ARCHITECTURAL C-STORE AND QSR

FLOOR PLAN
A1.1 A1.2 A1.3 A1.5 A1.6 A1.7 A1.8 A1.9 A1.1
0A1.1
1 A1.1
2 A1.1
3A2.1 A2.2 A2.3 A2.3. 1A2.4 A2.5 A2.6 A2.7 A3.0 A3.1 A3.2

DRIVE- THRU
A

PROPOSED LOCATION OF HEALY

TANK, VENT RISERS, AND

UNDERGROUND STORAGE TANKS

C-STORE AND QSR DRIVE- ROOF PLAN
THRU
B

CANOPY FLOOR AND ROOF PLAN

EXPRESS CAR WASH

FLOOR PLAN

EXPRESS CAR WASH ROOF PLAN

RETAIL A AND B

FLOOR PLAN
40'X8
0'
3,320 S.F.
38S
40'X6 0'
2,520 S.F.
30S
6 MPD

CANO PY
87'X4 7'

RETAIL A AND B ROOF PLAN RETAIL C AND DRIVE-THRU A FLOOR PLAN

RETAIL C AND DRIVE-THRU A ROOF PLAN

RETAIL D AND DRIVE-THRU B FLOOR PLAN

RETAIL D AND DRIVE-THRU B ROOF PLAN

TRASH ENCLOSURE A AND B FLOOR PLANS C-STORE AND QSR ELEVATIONS 4,089 S.F.

CANOPY ELEVATIONS LANDSCAPE PLANTER LANDSCAPE 1

PLANTER

EXPRESS CAR WASH ELEVATIONS EXPRESS CAR WASH ELEVATIONS RETAIL A AND B ELEVATIONS RETAIL C AND DRIVE-THRU A ELEVATIONS RETAIL D AND DRIVE-THRU B ELEVATIONS

TRASH ENCLOSURE A AND B ELEVATIONS C-STORE AND QSR

SECTIONS
1 1,200 S.F. OF CUSTOMER

SERVING AREA
1,200 S.F. OF CUSTOMER
SERVING AREA PROPOSED 5-BIKE RACK (INGROUND) BY: BARCO
PRODUCTS #05CL1692 OR EQUAL AT EACH BUILDING, TYP. OF 8

EXISTING UTILITY METERS
IN PUBLIC R.O.W. TO BE RELOCATED, SEE CIVIL

EXISTING TELEPHONE/POWE R

POLES TO BE RELOCATED
UNDERGROUND, TYP. OF 7

ALONG BOTH STREET FRONTAGES RETAIL C/D AND DRIVE-THRU A/B SECTIONS EXPRESS CAR WASH AND RETAIL A/B SECTIONS

LANDSCAPE PLANTER

CONCRETE SIDEWALK

LANDSCAPE PLANTERLANDSCAPE PLANTER

PROPOSED PROPERTY LINE

CONCRETE SIDEWALK
100.00'

VICINITY
100.1 MAP 2' 100.0 0' 100.0 0' 100.0 0' 90.78
'
° 3 '
8 ABANDONED PROPERTY LINE N 1°25'44" E 591.02' =1 9.
5 4 . ' GH
GH

AH EXISTING SIGNALIZED

INTERSECTION TO BE
UPDATED BASIS OF S 1°25'44" W BEARINGS 620.31' L A K E S T R E E T PUBLIC ROAD ROW = VARIES
C

L CONCEPTUAL SITE PLAN

CONCEPTUAL SITE PLAN

MOUNTAI N ST SIT E AS

1.0 SCALE: 1" =
30'-0"

NOT TO SCALE
26' - 6"
22' - 0"

ELDORADO STONE COASTAL LEDGESTONE
S1

KEYSTONE FOAM ARCH -
TYP. SI GN SI GN
C1

DIRECT APPLIED FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: DESERT
TRAIL
All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved C1

DIRECT APPLIED FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO
(...) OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: BIRCHSTONE
TIGER
P

ETROLEU
M,
INC
0' - 0"
C2 FRONT ELEVATI ON
3/16" = 1'- 0"
S1 1 S1 C2 C3 C4

DIRECT APPLIED FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: DARK BEIGE STUCCO
C1
23' - 3"
C3
15' - 0 3/4" DIRECT APPLIED FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: MOCHAC4

ALUMINUM COMPOSITE
0' - MATERIAL WHITE
0"
C3 C2 C4 M1
REAR

ELEVATI ON
3/16" = 1'- 0"
ACM
Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 CEL: 951-809-7607 FAX: 951-696-1443 2 E-MAIL: DIRECT APPLIED FINISH [email protected] SYSTEM SMOOTH TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: 50YY 83/029
C1 S1 SEAL
:

ICI# A0050 " NATURAL WHITE "
TRI
M
DATE OCT 3, 2019 PAINT GRADE FINISH OVER METAL SURFACES

PROJECT
NUMBER EDG#04
589 NO DATE REVISION

COLOR SPECIFY DESCRIPTION
#90BC 41/040
ICI#A1963 " ASCOR BLUE " C3 M1
NOTE : ALL

SIGNAGE ARE ON A

SEPARATE PERMIT
C4

DESIGNED
BY:

CHECKED
BY:

GH
GH

AG RI GHT SI DE ELEVATI ON
3/16" = 1'- 0"

LEFT SI DE ELEVATI ON
3/16" = 1'- 0"
DRAWN
BY: 3 4 C S TORE AND QSR

E LE VATION
A2. 1

ELDORADO STONE

COASTAL LEDGESTONE
S1
22' -
0"
17' -
0"
AC
M

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO

OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN
COLOR SPECIFY: DESERT
TRAIL
All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property of empire design group, and are intended to be used ib
connection with this
specific project only and
shall not otherwise be used for any purpose whatsoever without the written consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved C2
S1
C1

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO
(...) OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN
COLOR SPECIFY:

BIRCHSTONE
TIGER
PETRO
LEUM,
INC
0' -
0"

CANOPY FRONT

ELEVATION
3/16" = 1'-0"
C2 1

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO

OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN
COLOR SPECIFY: DARK

BEIGE STUCCO
C3

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO

OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN
COLOR SPECIFY: MOCHA
AC
M
C2
S1 C4

ALUMINUM COMPOSITE

MATERIAL WHITE
Architect of Record: GREGORY S.

HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696- 1490 AC

M CANOPY REAR

ELEVATION
3/16" = 1'-0"
CEL: 951-
809-7607 FAX: 951-696-
1443 E-MAIL: ghann@empiregr. 2 biz

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO

OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN
COLOR SPECIFY: 50YY
83/029
SEA
L :

ICI# A0050 "
NATURAL WHITE " TRI
M
DAT
E OCT 3, PAINT GRADE FINISH OVER 2019 METAL SURFACES

PROJECT
NUMBER EDG#04
589

COLOR SPECIFY
#90BC 41/040
ICI#A1963 " ASCOR
BLUE "
NO DAT
E

REVISION DESCRIPTION
AC
M
M1

DESIGNE
D BY:

CHECKE
D BY:

GH
GH
DRAW AG N BY:

CANO
PY

ELEV CANOPY RIGHT ATION

SIDE ELEVATION
3/16" = 1'-0"

CANOPY LEFT

SIDE ELEVATION
3/16" = 1'-0"
3 4 A

2. 2

PAINT GRADE FINISH OVER METAL SURFACES

ELDORADO STONE COASTAL LEDGESTONE
S1
26' - 3"
24' - 8"
COLOR SPECIFY #90BC 41/040 ICI#A1963 " ASCOR BLUE " M1
21' - 3"

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO
(...) OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: BIRCHSTONE
TIGER
P

ETROLEU
M,
INC

KEYSTONE FOAM ARCH -
TYP.

M1 C4 C2
S1

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: DARK BEIGE STUCCO
0' - 0"
C2
C3 CAR WASH ENTRANCE ELEVATI ON
1/4" = 1'- 0"
1 DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: MOCHAC4

ALUMINUM COMPOSITE MATERIAL WHITE
ACM Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 S1
CEL: 951-809-
7607 FAX: 951-696-1443 E-MAIL: [email protected]
26' - 3"
25' - 0"

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: 50YY 83/029
ICI# A0050 " NATURAL WHITE
"
TRIM
SEAL
:
21' - 3"
20' - 0"

EX PRESS CAR WASH
DATE OCT 3, 2019 PROJECT
NUMBER EDG#04 C1 589
C4

NO DATE REVISION DESCRIPTION
11' - 6"

KEYSTONE FOAM ARCH -
TYP. C2

DESIGNED
BY:

CHECKED
BY:

GH
GH
DRAWN AG BY:
0' - 0" EXP RES S CAR WAS H ELEVATION

CAR WASH EXIT ELEVATI ON
1/4" = 1'- 0"
A2. 3
2 S1
C1 26' - 3" 26' - 3" 24' - 10"
21' - 3"
All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. TIGER All rights reserved P

ETROLEU
M,
INC
C4
C2 C3

CAR WASH RI GHT SI DE ELEVATI ON
1/4" = 1'- 0"
1 26' - 3" 26' - 3" Architect of Record: GREGORY S. HANN, AIA 24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 24' - 10"
CEL: 951-809-7607 FAX: 951-696-1443 E-MAIL: [email protected] 21' - 3" SEAL :

DATE OCT 3, 2019 PROJECT
NUMBER EDG#04
589 NO DATE REVISION DESCRIPTION

DESIGNED
BY:

CHECKED
BY:

GH
GH
DRAWN AG BY:

EXP RES S CAR WAS H CAR WASH LEFT SI ELEVATION

DE ELEVATI ON
1/4" = 1'- 0"
2 A2.3
.1
30' - 0"
26' - 9"
21' - 3"
21' - 3"
All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved 13' - 0"
10' - 0"
13' - 0"
TIGE
R
5' - 0"
P

ETROLEU
M,
INC
0' - 0"

RETAI L C AND DRI VE THRU REAR ELEVATI ON
3/16" = 1'- 0"
1 30' - 0"
26' - 8"
21' - 3" SI GN
SI GN
21' - 3"
13' - 0"
Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 CEL: 951-809-7607 FAX: 951-696-1443 E-MAIL: RETAI L C AND DRI VE THRU [email protected]

FRONT ELEVATI ON
3/16" = 1'- 0"
2 SEAL
:

DATE OCT 3, 2019 30' - 0" PROJECT
NUMBER EDG#04
589 NO DATE REVISION DESCRIPTION
26' - 8"

DESIGNED
BY:

CHECKED
BY:

GH
13' - 0" GH
DRAWN AG BY:

RETAIL C AND
DR IVE
THRU
E LE
VATION
5' - 0"
NOTE : ALL SIGNAGE ARE ON A

SEPARATE PERMIT
A2.
5 RETAI L C AND DRI VE THRU SI DE ELEVATI ON
3/16" = 1'- 0"
3 NOTE : ALL SIGNAGE ARE ON A

SEPARATE PERMIT

ELDORADO STONE COASTAL LEDGESTONE
S1

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO
(...) OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: BIRCHSTONE
TIGER
P

ETROLEU
M,
INC

TRAS H ENCLOS URE FRONT ELEVATI ON TY PE B
1/4" = 1'- 0"

TRAS H ENCLOS URE FRONT ELEVATI ON TY PE A
1/4" = 1'- 0"
1 5 C2

GUTTERS BY
C2 OTHER - TYP.

C1
GUTTERS BY OTHER - TYP. DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: DARK BEIGE STUCCO
C3
S1
C3

DIRECT APPLID FINISH

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: MOCHA
C2

TRAS H ENCLOS URE REAR ELEVATI ON TY PE B
1/4" = 1'- 0"

TRAS H ENCLOSURE REAR ELEVATI ON TY PE A
1/4" = 1'- 0"
C4 2 6

ALUMINUM COMPOSITE MATERIAL WHITE
Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 ACM
CEL: 951-809-7607 FAX: 951-696-1443 E-MAIL: DIRECT APPLID FINISH [email protected]

SYSTEM SMOOTH
TROWL 3 PART 7/8'' STUCCO OVER METAL
LATH PROVIDE CONTROL.

JOINTS AS SHOWN COLOR SPECIFY: 50YY 83/029
SEAL
:

ICI# A0050 " NATURAL WHITE " TRI
M

TRAS H ENCLOS URE RI GHT ELEVATI ON TY PE B
1/4" = 1'- 0"

TRAS H ENCLOS URE RI GHT ELEVATI ON TY PE A
1/4" = 1'- 0"
DATE OCT 3, PAINT GRADE FINISH OVER 2019 METAL SURFACES 3 7

PROJECT
NUMBER EDG#04
589 COLOR SPECIFY #90BC 41/040
ICI#A1963 " ASCOR BLUE "

NO DATE REVISION DESCRIPTION
M1

DESIGNED
BY:

CHECKED
BY:

GH
GH
DRAWN AG BY:

TRAS

HENCLOS
URE
E LE
VATION

TRAS H ENCLOS URE LEFT ELEVATI ON TY PE B
1/4" = 1'- 0"

TRAS H ENCLOS URE LEFT ELEVATI ON TY PE A
1/4" = 1'- 0"
4 8 A2.
7 29' - 3"
26' - 3"

HIGHEST

PARAPET
LOWER

PARAPET SI GN SI GN SI GN SI GN
SI GN C4
C1
All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved S1
TIGE
R
C2
P

ETROLEU
M,
INC
0' - 0"

RETAI L A AND B

FRONT ELEVATI ON
3/16" = 1'- 0"
1 HIGHEST

PARAPET
29' - 3"
26' - 3"
LOWER

PARAPET
C4
C1
C2
C3
S1
Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 CEL: 951-809-7607 FAX: 951-696-1443 E-MAIL:
[email protected] RETAI L A AND REAR ELEVATI ON
3/16" = 1'- 0"
DIRECT APPLID FINISH SYSTEM SMOOTH TROWL 3 PART 7/8'' STUCCO OVER METAL LATH PROVIDE CONTROL. JOINTS AS SHOWN COLOR SPECIFY: MOCHA SEAL
:

ELDORADO STONE COASTAL LEDGESTONE 2
S1
C4
29' - 3"
26' - 3"
DATE OCT 3, 2019 PROJECT
NUMBER EDG#04 DIRECT APPLID FINISH 589 SYSTEM SMOOTH ALUMINUM COMPOSITE MATERIAL WHITE TROWL 3 PART 7/8'' STUCCO OVER METAL LATH PROVIDE CONTROL. JOINTS AS SHOWN COLOR SPECIFY: DESERT TRAIL

NO DATE REVISION DESCRIPTION
C4
21' - C1 2" ACM
C1 DIRECT APPLID FINISH SYSTEM SMOOTH TROWL 3 PART 7/8'' STUCCO OVER METAL LATH PROVIDE CONTROL. JOINTS AS SHOWN DIRECT APPLID FINISH SYSTEM SMOOTH TROWL 3 PART 7/8'' STUCCO (...) OVER METAL LATH PROVIDE CONTROL. JOINTS AS SHOWN COLOR SPECIFY: BIRCHSTONE 15' - 0"

DESIGNED
BY:

CHECKED
BY:

GH
COLOR SPECIFY: 50YY 83/029 ICI# A0050 " NATURAL WHITE " GH
AG C3
TRI
M
DRAWN C2 BY:

RETAIL A
AND B
E LE
VATION
DIRECT APPLID FINISH SYSTEM SMOOTH TROWL 3 PART 7/8'' STUCCO OVER METAL LATH PROVIDE CONTROL. JOINTS AS SHOWN COLOR SPECIFY: DARK BEIGE STUCCO PAINT GRADE FINISH OVER METAL SURFACES COLOR SPECIFY S1 #90BC 41/040 ICI#A1963 " ASCOR BLUE " M1 C3 C2 A2. 4

RETAI L A AND B SI DE ELEVATI ON
3/16" = 1'- 0"
NOTE : ALL SIGNAGE ARE ON A

SEPARATE PERMIT
3 125' - 0" All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved

OVER ALL
40' - 0" 85' - 0"
6' - 0" 68' - 2" 6' - 0"36' - 7"6' - 0" TIGE
RP

ETROLEU
M,
INC
A2.1
2 SEC36" PULL
SECTIO
N
SEC30" PULL METER MAIN
CPI 47" PANEL
SECTION 1
CPI 24" CPI 24"
SECTION 2
SECTION 3
1860 5 TIER
G56 1848 5 TIER F11 F12 185
4 1854
4 TIER
1854
4 TIER
185
4 1854
4 TIER
185
4 1854
4 TIER
1854
4 TIER
F5 G16A 4TIER 4TIER 4TIER FIRE RISE R
F4 G17A G21 MIN. 9' CLR G17
A.F.F. TG7
F1
F7
(BELOW)
F7
(BELOW)
G9E PGR9EB- R9I0N'xS3E0F"AUCET
TG5E
3660
F8
F13 OFFI CE 7' - 6" PRE
P C7
F3A WALK

INCOOL ER
48" 48" 54"
C8
C9
C10
C12
TG3 TG3
G34 TG1
BELO
G7 W
FRON
T
FRON
T
C2 C2 C2
BECL5OW C15
BELO W
C3
G1
TG14
A
C1 C1 C1
A6 BEL
A7OW G6A SALES AREA
A2.1 4
TG1
0 3 A2.1 COLD SHELL
A14
G16
TG4A CUSTO MER
36"Lx24
"D
36"Lx24
"D

SERVICE AREA
A51
482 SF
A1C7
FILTER
BEL
A5OW UNIS EX

UNIS EX
A4
A10 A10A
A13(2
)
A17
A49 BELO W
A12(2)
A13(2)
A13A(
2) WALK
IN
BEAL
5OW
A3 WHIP
CREAM Architect of Record:

A10 FRON
T
A10A
A13(2
)
A17 FREEZ
ER
GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 A16A
(2-
HEAD) 186
40TIER
A178
FILTER CEL: 951-809-7607 FAX: 951-696-1443 E-MAIL: 6' - [email protected] 0"
SEAL
:
3' - 0" 4' - 9" 8' - 0" 2' - 0" 6' - 0" 2' - 0" 8' - 0" 33' - 4 1/2" 8' - 0" 5' - 4" 6' - 0" 1 5' - 4" 8' - 0"27' - 2 1/2"
DATE OCT 3, 2019 PROJECT
NUMBER EDG#04
A2.1 589 NO DATE REVISION DESCRIPTION

DESIGNED
BY:

CHECKED
BY:

GH
GH
DRAWN AG BY:

C S TORE AND QSR

F LOOR P C S TORE AND QSR LAN

ENLARGED FLOOR PLAN
3/16" = 1'- 0"
1 A1. 1
91' - 0" OVER ALL
2' - 0" 87' - 0"
2' - 6"
2' - 0" All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved 9' - 3" 2' - 6" 30' - 6" 30' - 6" 2' - 6"9' - 3"
TIGER
P

ETROLEU
M,
INC
6 MPD CAN OPY 87'X4 7'
3 A2.2 4,089 S.F.

Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 CEL: 951-809-7607 FAX: 951-696-1443 E-MAIL:
[email protected] SEAL
:

DATE OCT 3, 2019 PROJECT
NUMBER EDG#04
589 NO DATE REVISION DESCRIPTION

CANOPY FLOOR/ ROOF PLAN
3/16" = 1'- 0"
1 DESIGNED
BY:

CHECKED
BY:

GH
GH
DRAWN AG BY:

CANOP Y FLOOR
P LAN
A1. 3
A2.3
1 0' - 6" 0' - 6" 4' - 6" 14' - 0"
4' - 6" 8' - 0 1/2" 4' - 6"
35' - 0"
All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved 1' - 6"

FIRE RISER ROOM

UNISEX RESTROOM
TIGE
RP

ETROLEU
M,
INC
3' - 0" 3' - 0"

CAR WASH BAY
1 A2.3. 1
Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 CEL: 951-809-7607 FAX: 951-696-1443 E-MAIL:
[email protected] SEAL
A2.3.
:
1 2
DATE OCT 3, 2019 PROJECT
NUMBER EDG#04
589 NO DATE REVISION DESCRIPTION
24' - 8" 9' - 10" DESIGNED
BY:

CHECKED
BY:

GH
GH
DRAWN AG BY:

EXP RES S CAR
1' - 6" 4' WAS H - 6"
0' - 6"
14' - 0" 4' - 6"
0' - 6"
11' - 0"

EX PRESS CAR WASH FLOOR PLAN
3/16" = 1'- 0"
35' - 0"
OVER ALL A1.
5 1
4' - 5". 6' - 10" 4' - 10" 28' - 4"
6' - 0 1/2" 4' - 0"
All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved

FIRE RISE R
TIGER
P

ETROLEU
M,
INC
RETAI L C40'X4 0' 1,600 S.F.6S

COLD SHELL
2 A2.5
4' - 5 1/2" 3' - 0" 13' - 0"
A2.5 3
DRIVETHRU
Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 CEL: 951-809-7607 FAX: 951-696-1443

A CUSTOM

ER SERVING AREA
40'X8 0' 3,320 S.F. 38S
E-MAIL:
[email protected] 1160 SF
SEAL
:

DATE OCT 3, 2019 PROJECT
NUMBER EDG#04
589 NO DATE REVISION DESCRIPTION

DESIGNED
BY:

CHECKED
BY:

GH
GH
DRAWN AG BY:

RETAIL C AND
DR IVE

THRU RETAI L C AND DRI VE THRU
1/8" = 1'- 0"
1 A1. 9
125' - 0" OVER ALL
All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved 25' - 0" 25' - 0" 25' - 0" 25' - 0"25' - 0"
A2.4
2 TIGER
P

ETROLEU
M,
INC

FIRE RISE R

COLD SHELL COLD SHELL COLD SHELL COLD

SHELL COLD SHELL
RETAIL
A & B 25'X40 '
(TYP. OF 5) 5,000 S.F. 20S
Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 CEL: 951-809-7607 FAX: 951-696-1443 E-MAIL:
[email protected] SEAL
:
4' - 0" 20' - 9" 3' - 0" 22' - 3" 2' - 9" 22' - 0" 3' - 0" 22' - 0"3' - 0"20' - 8 1/2"4' - 0" 1 DATE OCT 3, A2.4 2019 PROJECT
NUMBER EDG#04
589 NO DATE REVISION DESCRIPTION

RETAI L A
AND B
3/16" = 1'- 0"

DESIGNED
BY:

CHECKED
BY:

GH
1 GH
DRAWN AG BY:

RETAIL A
AND B
A1.
7 All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved 6' - 10" 4'
- 10"
28' - 4"6' - 0 1/2" 4' - 0"

FIRE RISE R TIGER
P

ETROLEU

M, RETAI INC
L D
40'X6
0' 2,400
S.F.
10S
COLD
SHELL 1 A2.6
4' - 0" A2.6 2
Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 CEL: 951-809-7607 FAX: 951-696-1443 E-MAIL:
[email protected] SEAL
:

DRIVETHRU
40'X6 D
0' 2,520
S.F. 30S
DATE OCT 3, 2019 PROJECT
NUMBER EDG#04
589 NO DATE REVISION DESCRIPTION
3' - 0" 15' - 0"

DESIGNED
BY:

CHECKED
BY:

GH
GH
DRAWN AG BY:
3 RETAIL D
AND
DR IVE
THRU D
A2.6

RETAI L D AND

DRI VE THRU
1/8" = 1'- 0"
A1. 11
1 A2.7
3 All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved 5' - 8"6' - 8"
A2.7
8 TIGE
R
5' - 8" 6' - 8" P

ETROLEU
M,
INC
A2.7 1
2 A2.7
A2.7 5
6 A2.7
12' - 4"
7 12' - 4" A2.7 4
A2.7
Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 CEL: 951-809-7607 FAX: 951-696-1443

TRAS H ENCLOS URE TY PE A
1/4" = 1'- 0"

TRAS H ENCLOS URE TY PE B
1/4" = 1'- 0"
1 2 E-MAIL:
[email protected] SEAL
:

DATE OCT 3, 2019 PROJECT
NUMBER EDG#04
589 NO DATE REVISION DESCRIPTION

DESIGNED
BY:

CHECKED
BY:

GH
GH
DRAWN AG BY:

TRAS H
ENCLOS
URE
F LOOR P LANA1. 13

ELDORADO STONE COASTAL LEDGESTONE
All ideas, designs and
layouts shown on
these drawings, including all documents on
electronic media are the property ofempire design group, and are intended to be used ib
connection with this specific project only and
shall not otherwise be used
for any purpose whatsoever without the written
consent. and may not be reproduced or used without the written permission of empire design group. All rights reserved S1
DIRECT APPLID FINISH SYSTEM SMOOTH TROWL 3 PART 7/8'' STUCCO OVER METAL LATH PROVIDE CONTROL. JOINTS AS SHOWN COLOR SPECIFY: DESERT TRAIL
TIGER
P

ETROLEU
M,
INC
C1
DIRECT APPLID FINISH SYSTEM SMOOTH TROWL 3 PART 7/8'' STUCCO (...) OVER METAL LATH PROVIDE CONTROL. JOINTS AS SHOWN COLOR SPECIFY: BIRCHSTONE C2
DIRECT APPLID FINISH SYSTEM SMOOTH TROWL 3 PART 7/8'' STUCCO OVER METAL LATH PROVIDE CONTROL. JOINTS AS SHOWN COLOR SPECIFY: DARK BEIGE STUCCO C3 DIRECT APPLID FINISH SYSTEM SMOOTH TROWL 3 PART 7/8'' STUCCO OVER METAL LATH PROVIDE CONTROL. JOINTS AS SHOWN COLOR SPECIFY: MOCHA C4 Architect of Record: GREGORY S. HANN, AIA
24861 WASHINGTON AVE. MURRIETA, CA 92562 TEL: 951-696-1490 CEL: 951-809-7607 FAX: 951-696-1443 ALUMINUM COMPOSITE MATERIAL WHITE E-MAIL:
[email protected] SEAL
:

ACM
DIRECT APPLID FINISH SYSTEM SMOOTH TROWL 3 PART 7/8'' STUCCO OVER METAL LATH PROVIDE CONTROL. JOINTS AS SHOWN COLOR SPECIFY: 50YY 83/029 DATE OCT 3, 2019 PROJECT
NUMBER EDG#04
589 NO DATE REVISION DESCRIPTION
ICI# A0050 " NATURAL WHITE "
TRI
M
PAINT GRADE FINISH OVER METAL SURFACES COLOR SPECIFY #90BC 41/040 ICI#A1963 " ASCOR BLUE "

DESIGNED
BY:

CHECKED
BY:

GH M1 GH
DRAWN AG BY:

MATERIAL
BOARD
A4. 0

NOTICE OF PUBLIC HEARING
NOTICE IS HEREBY GIVEN that the City Council of the City of Lake Elsinore, California, will hold a Public Hearing on March 12, 2024, at the Lake Elsinore Cultural Center, 183 North Main Street, Lake Elsinore, California, 92530, at 7:00 p.m., or as soon thereafter as the matter may be heard, to consider the following related items:

First Extension of Time Request for Tentative Tract Map No. 37922, Conditional Use Permit No. 2019-19, and Commercial Design Review No. 2019-27 (Lake and Mountain Commercial Center): A request by Danny Singh to extend the life of the approved Tentative Tract Map No. 37922 (TTM 37922), Conditional Use Permit No. 2019-19 (CUP 2019-19) and Commercial Design Review No. 2019-27 (CDR 2019-27) by two years (2) to January 25, 2026. TTM 37922 proposes to subdivide the 6.07-acre site into six (6) lots ranging in size from 0.66 acres to 1.10 acres. The remaining 0.44-acre portion of the site will be dedicated for road right-of-way purposes. CUP 2019-19 and CDR 2019-27 propose the development of an approximately 32,695 square foot (SF) commercial retail center that includes a 3,400 SF convenience store with an attached 1,525 SF Quick-Serve Restaurant, a 4,089 SF gas fueling canopy, a 3,150 SF express car wash, two (2) 4,850 SF retail buildings, a 3,320 SF drive-thru restaurant with an attached 1,600 SF retail building, and a 2,520 SF drive-thru restaurant with an attached 2,400 SF retail building, 170 parking spaces, landscaping, and related site improvements. The project is located at the northwest corner of Mountain Street and Lake Street (APNs: 389-030-012, 013, 014, 015, 016, 017, and 018).

Pursuant to CEQA Guidelines Section 15162, no new environmental documentation is necessary because all potentially significant effects have been adequately analyzed in an earlier Environmental Impact Report (EIR) (SCH# 2020080538) and none of the conditions described in Section 15162 exist. EIR (SCH# 2020080538) was certified by the City Council on January 25, 2022. No substantial changes that require major revisions to the EIR exist and no new information of substantial importance that require revisions to the earlier EIR exist.

ALL INTERESTED PERSONS are hereby invited to attend this Public Hearing to present written information, express opinions, or otherwise present evidence in the above matters. If you wish to legally challenge any action taken by the City on the above matter, you may be limited to raising only those issues you or someone else at the Public Hearing described in this notice, or in written correspondence delivered to the City prior to or at the Public Hearing. If you require accommodation to participate in a Public Hearing, please contact the City Clerk’s office at (951) 674-3124 ext. 269. All Agenda materials are available for review at City Hall the Friday before the Public Hearing.

FURTHER INFORMATION on this item may be obtained by contacting Joey Mendoza, Associate Planner in the Planning Division, at [email protected] or at (951) 674-3124, ext. 273.

Candice Alvarez, MMC,
City Clerk
PH-EOT TTM 37922 - Page 1 of 1
The Press-Enterprise
3512 14 Street
Riverside, California 92501
(951) 368-9229
City of Lake Elsinore
130 South Main Street
Lake Elsinore, California 92530
Publication: The Press-Enterprise

PROOF OF PUBLICATION OF
Ad Desc: 0011651034
FILE NO. 0011651034

PROOF OF PUBLICATION
I am a citizen of the United States. I
am over the age of eighteen years and
not party to or interested in the aboveentitled matter. I am an authorized representative of THE PRESSENTERPRISE, a newspaper of general circulation, printed and published daily
in the County of Riverside, and which
newspaper has been adjudicated a
newspaper of general circulation by the
Superior Court of the County of
Riverside, State of California, under
date of April 25, 1952, Case Number
54446, under date of March 29, 1957,
Case Number 65673, under date of
August 25, 1995, Case Number
267864, and under date of September
16, 2013, Case Number RIC 1309013;
that the notice, of which the annexed is
a printed copy, has been published in
said newspaper in accordance with the
instructions of the person(s) requesting
publication, and not in any supplement
thereof on the following dates, to wit:
02/28/2024
I certify (or declare) under the penalty
of perjury that the foregoing is true and
correct.

Date: February 28, 2024.

At: Riverside, California
______________________________
Signature

Lake Elsinore City CouncilMarch 12, 2024

Lake Elsinore City Council
March 12, 2024