Agenda packet — Lake Elsinore City Council, July 23, 2024 (part 4 of 4)

For the Month Ending June 30, 2024Managed Account Detail of Securities Held

US TREASURY NOTES
DTD 02/28/2023 4.000% 02/29/2028
2,412,484.37 2,386,066.47 32,755.43 2,383,390.63 05/06/2405/01/24AaaAA+ 2,450,000.00 91282CGP0 4.79

US TREASURY NOTES
DTD 06/30/2021 1.250% 06/30/2028
2,565,593.75 2,569,777.51 98.51 2,565,253.91 06/11/2406/06/24AaaAA+ 2,900,000.00 91282CCH2 4.39 128,309.42 22,313,070.15 22,606,763.89 4.03 22,321,836.94 23,525,000.00 Security Type Sub-Total Municipal Bond / Note

CT ST TXBL GO BONDS
DTD 06/11/2020 1.998% 07/01/2024
60,000.00 60,000.00 599.40 60,000.00 06/11/2005/29/20Aa3AA- 60,000.00 20772KJW0 2.00

CHAFFEY UHSD, CA TXBL GO BONDS
DTD 12/05/2019 2.101% 08/01/2024
99,818.00 100,000.00 875.42 100,000.00 12/05/1911/06/19Aa1AA- 100,000.00 157411TK5 2.10

NY ST URBAN DEV CORP TXBL REV BONDS
DTD 12/23/2020 0.870% 03/15/2025
314,788.50 325,000.00 832.54 325,000.00 12/23/2012/16/20NRNR 325,000.00 650036DT0 0.87

UNIV OF CAL TXBL REV BONDS
DTD 07/16/2020 0.883% 05/15/2025
81,983.35 85,000.00 95.90 85,000.00 07/16/2007/10/20Aa2AA 85,000.00 91412HGE7 0.88

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
62,395.45 65,095.90 408.85 65,459.55 09/16/2009/03/20Aa3AA 65,000.00 341271AD6 1.11

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
81,594.05 85,117.61 534.65 85,563.55 09/16/2009/03/20Aa3AA 85,000.00 341271AD6 1.12

FL ST BOARD OF ADMIN TXBL REV BONDS
DTD 09/16/2020 1.258% 07/01/2025
153,588.80 160,000.00 1,006.40 160,000.00 09/16/2009/03/20Aa3AA 160,000.00 341271AD6 1.26

MINNESOTA ST-F-UNREF MUNICIPAL
BONDS
DTD 08/25/2020 0.630% 08/01/2025
95,267.10 100,000.00 262.50 100,000.00 05/07/2405/07/24AaaAAA 100,000.00 60412AK85 5.30

SAN JUAN USD, CA TXBL GO BONDS
DTD 10/29/2020 0.852% 08/01/2025
124,069.40 130,000.00 461.50 130,000.00 10/29/2010/16/20Aa2NR 130,000.00 798306WP7 0.85

CA ST UNIV TXBL REV BONDS
DTD 07/29/2021 0.862% 11/01/2025
80,328.40 85,000.00 122.12 85,000.00 07/29/2107/09/21Aa2AA- 85,000.00 13077DQD7 0.86

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For the Month Ending June 30, 2024Managed Account Detail of Securities Held

CA ST MUNICIPAL BONDS
DTD 03/15/2023 4.846% 03/01/2027
200,364.00 200,000.00 3,230.67 200,000.00 03/15/2303/09/23Aa2AA- 200,000.00 13063D3N6 4.85 8,429.95 1,354,197.05 1,395,213.51 1.98 1,396,023.10 1,395,000.00 Security Type Sub-Total Federal Agency Commercial Mortgage-Backed Security
FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
240,897.11 244,948.44 622.27 255,948.07 03/25/2003/19/20AaaAA+ 243,868.94 3137BGK24 1.95 FHMS K054 A2
DTD 04/20/2016 2.745% 01/01/2026
265,348.76 268,704.62 629.06 263,613.28 04/14/2304/11/23AaaAA+ 275,000.00 3137BNGT5 4.37 FHMS K058 A2
DTD 11/09/2016 2.653% 08/01/2026
523,885.05 535,397.78 1,215.96 526,839.84 04/12/2304/06/23AaaAA+ 550,000.00 3137BSP72 4.02 FHMS K061 A2
DTD 01/30/2017 3.347% 11/01/2026
361,458.82 367,163.12 1,045.93 363,453.25 05/24/2305/19/23AaaAA+ 374,996.09 3137BTUM1 4.31 FHMS K064 A2
DTD 05/15/2017 3.224% 03/01/2027
526,662.46 526,488.74 1,477.67 518,804.69 08/18/2308/16/23AaaAA+ 550,000.00 3137BXQY1 4.98

FHLMC MULTIFAMILY STRUCTURED P
DTD 07/01/2017 3.243% 04/01/2027
525,933.24 533,387.13 1,486.38 527,033.20 06/13/2306/08/23AaaAA+ 550,000.00 3137F1G44 4.44 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
395,827.32 396,743.07 1,606.16 396,742.69 12/14/2312/06/23AaaAA+ 396,745.88 3137HBC69 4.86 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
435,542.85 437,281.80 1,740.78 437,279.71 07/27/2307/19/23AaaAA+ 437,290.60 3137HAD45 4.78 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
548,362.33 554,421.29 2,208.71 555,493.40 07/20/2307/13/23AaaAA+ 550,000.00 3137HACX2 4.59 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
534,912.64 542,419.21 1,920.42 540,675.78 07/31/2307/18/23AaaAA+ 550,000.00 3136BQDE6 4.58 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
497,049.35 490,473.11 1,975.00 489,032.00 10/19/2310/11/23AaaAA+ 500,000.00 3137HAQ74 5.26 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
792,911.26 789,907.58 3,100.00 788,165.60 09/14/2309/07/23AaaAA+ 800,000.00 3137HAMH6 4.99

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For the Month Ending June 30, 2024Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Federal Agency Commercial Mortgage-Backed Security
FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
374,269.41 364,512.38 1,515.63 363,043.88 10/31/2310/25/23AaaAA+ 375,000.00 3137HAST4 5.60 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
498,198.56 494,849.51 2,000.00 494,023.50 09/28/2309/20/23AaaAA+ 500,000.00 3137HAMS2 5.07 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
181,077.57 179,538.14 760.35 179,479.62 11/21/2311/14/23AaaAA+ 180,000.00 3137HB3D4 5.14 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
274,542.66 274,293.53 1,113.75 274,209.93 12/07/2311/28/23AaaAA+ 275,000.00 3137HB3G7 4.93 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
286,422.34 292,683.00 1,104.90 292,899.71 02/08/2402/01/24AaaAA+ 290,000.00 3137HBLV4 4.34 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
549,219.36 549,998.37 2,201.38 549,998.35 06/13/2406/05/24AaaAA+ 550,000.00 3137HDJJ0 4.80 27,724.35 7,812,521.09 7,843,210.82 4.68 7,816,736.50 7,947,901.51 Security Type Sub-Total Federal Agency Bond / Note

FREDDIE MAC NOTES
DTD 07/23/2020 0.375% 07/21/2025
404,228.98 424,553.26 708.33 422,883.50 07/23/2007/21/20AaaAA+ 425,000.00 3137EAEU9 0.48

FANNIE MAE NOTES
DTD 08/27/2020 0.375% 08/25/2025
331,481.85 349,622.83 459.38 348,362.00 08/27/2008/25/20AaaAA+ 350,000.00 3135G05X7 0.47

FEDERAL HOME LOAN BANK NOTES
DTD 09/11/2020 0.375% 09/04/2025
141,896.25 149,893.62 182.81 149,550.00 09/11/2009/10/20AaaAA+ 150,000.00 3130AK5E2 0.44

FREDDIE MAC NOTES
DTD 09/25/2020 0.375% 09/23/2025
661,405.50 699,481.34 714.58 697,893.00 09/25/2009/23/20AaaAA+ 700,000.00 3137EAEX3 0.44

FANNIE MAE NOTES
DTD 11/12/2020 0.500% 11/07/2025
612,457.95 649,368.73 487.50 647,673.00 11/12/2011/09/20AaaAA+ 650,000.00 3135G06G3 0.57 2,552.60 2,151,470.53 2,272,919.78 0.49 2,266,361.50 2,275,000.00 Security Type Sub-Total Corporate Note

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For the Month Ending June 30, 2024Managed Account Detail of Securities Held

GOLDMAN SACHS GROUP INC (CALLABLE)
BONDS
DTD 07/08/2014 3.850% 07/08/2024
399,649.20 400,000.00 7,400.56 418,632.00 07/11/1907/08/19A2BBB+ 400,000.00 38141EC23 2.84

BMW US CAPITAL LLC CORPORATE NOTES
DTD 08/12/2021 0.750% 08/12/2024
69,598.41 69,999.76 202.71 69,993.70 08/12/2108/09/21A2A 70,000.00 05565EBU8 0.75

PACCAR FINANCIAL CORP CORPORATE
NOTES
DTD 02/06/2020 1.800% 02/06/2025
171,197.25 176,112.58 1,268.75 182,894.25 10/29/2010/22/20A1A+ 175,000.00 69371RQ66 0.73

AMERICAN EXPRESS CO CORP NOTES
(CALLABLE
DTD 03/04/2022 2.250% 03/04/2025
78,266.96 79,981.86 585.00 79,919.20 03/04/2203/01/22A2BBB+ 80,000.00 025816CQ0 2.29

ROCHE HOLDINGS INC (CALLABLE)

CORPORATE
DTD 03/10/2022 2.132% 03/10/2025
400,779.92 410,000.00 2,695.20 410,000.00 03/10/2203/03/22Aa2AA 410,000.00 771196BT8 2.13

HOME DEPOT INC (CALLABLE) CORPORATE
NOTE
DTD 03/28/2022 2.700% 04/15/2025
24,512.10 24,988.69 142.50 24,956.25 03/28/2203/24/22A2A 25,000.00 437076CM2 2.76 CINTAS CORPORATION NO. 2 CORP NOTE
(CALL
DTD 05/03/2022 3.450% 05/01/2025
63,959.29 64,996.03 373.75 64,985.70 05/03/2204/26/22A3A- 65,000.00 17252MAP5 3.46

USAA CAPITAL CORP CORPORATE NOTES
DTD 05/26/2022 3.375% 05/01/2025
221,310.23 224,791.16 1,265.63 224,264.25 05/26/2205/23/22Aa1AA 225,000.00 90327QD89 3.49

GENERAL DYNAMICS CORP (CALLABLE)

CORP NO
DTD 05/11/2018 3.500% 05/15/2025
221,365.35 229,357.57 1,006.25 252,247.50 10/20/2010/16/20A3A- 225,000.00 369550BG2 0.80

AMAZON INC CORP NOTES (CALLABLE)
DTD 06/03/2020 0.800% 06/03/2025
455,986.23 474,957.00 295.56 474,767.25 06/05/2006/03/20A1AA 475,000.00 023135BQ8 0.81

NATIONAL AUSTRALIA BK/NY CORPORATE
NOTES
DTD 06/09/2022 3.500% 06/09/2025
245,744.50 250,000.00 534.72 250,000.00 06/09/2205/31/22Aa2AA- 250,000.00 63254ABD9 3.50

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For the Month Ending June 30, 2024Managed Account Detail of Securities Held

NATIONAL RURAL UTIL COOP CORPORATE
NOTES
DTD 05/04/2022 3.450% 06/15/2025
49,026.30 49,995.86 76.67 49,986.50 05/04/2204/27/22A2A- 50,000.00 63743HFE7 3.46

IBM CORP CORPORATE NOTES
DTD 07/27/2022 4.000% 07/27/2025
221,827.28 225,000.00 3,850.00 225,000.00 07/27/2207/20/22A3A- 225,000.00 459200KS9 4.00

BANK OF AMERICA CORP NOTES
DTD 07/30/2015 3.875% 08/01/2025
221,355.00 231,994.87 3,632.81 256,918.50 08/20/2008/18/20A1A- 225,000.00 06051GFS3 0.93

ABBOTT LABORATORIES CORPORATE

NOTES (CAL
DTD 03/22/2017 3.875% 09/15/2025
222,124.50 231,660.71 2,567.19 257,845.50 09/28/2009/24/20Aa3AA- 225,000.00 002824BM1 0.86

BANK OF AMERICA CORP NOTES
(CALLABLE)
DTD 12/06/2021 1.530% 12/06/2025
220,224.60 225,000.00 239.06 225,000.00 12/06/2112/01/21A1A- 225,000.00 06051GKE8 1.53

JPMORGAN CHASE & CO CORP NOTES
(CALLABLE
DTD 02/24/2022 2.595% 02/24/2026
171,540.78 175,000.00 1,602.05 175,000.00 02/24/2202/16/22A1A- 175,000.00 46647PCV6 2.60

UNITEDHEALTH GROUP INC (CALLABLE)
CORPOR
DTD 05/19/2021 1.150% 05/15/2026
209,029.73 224,853.24 330.63 224,608.50 05/19/2105/17/21A2A+ 225,000.00 91324PEC2 1.19

BMW US CAPITAL LLC (CALLABLE)

CORPORATE
DTD 08/12/2021 1.250% 08/12/2026
161,091.35 174,977.76 844.62 174,947.50 08/16/2108/12/21A2A 175,000.00 05565EBW4 1.26

CATERPILLAR FINL SERVICE CORPORATE
NOTES
DTD 01/10/2022 1.700% 01/08/2027
207,750.60 224,425.32 1,838.13 223,863.75 01/13/2201/11/22A2A 225,000.00 14913R2U0 1.81

TARGET CORP CORP NOTES (CALLABLE)
DTD 01/24/2022 1.950% 01/15/2027
37,202.80 39,965.27 359.67 39,932.00 01/24/2201/19/22A2A 40,000.00 87612EBM7 1.99

BANK OF NY MELLON CORP (CALLABLE)
CORPOR
DTD 01/26/2022 2.050% 01/26/2027
441,090.23 474,457.14 4,192.53 473,945.50 01/28/2201/26/22A1A 475,000.00 06406RBA4 2.10

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For the Month Ending June 30, 2024Managed Account Detail of Securities Held

MICROSOFT CORP CORP NOTES (CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027
723,738.75 731,255.54 9,968.75 721,942.50 03/17/2303/14/23AaaAAA 750,000.00 594918BY9 4.36

AMERICAN EXPRESS CO CORP NOTES
(CALLABLE
DTD 03/04/2022 2.550% 03/04/2027
280,176.00 285,225.85 2,486.25 277,203.00 01/18/2301/13/23A2BBB+ 300,000.00 025816CS6 4.59

BERKSHIRE HATHAWAY CORP NOTES
(CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027
445,140.08 470,178.09 3,216.81 466,089.00 03/17/2203/15/22Aa2AA 475,000.00 084664CZ2 2.70

CHARLES SCHWAB CORP NOTES
(CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027
286,387.50 289,903.07 2,475.00 284,925.00 02/22/2302/17/23A2A- 300,000.00 808513BW4 4.66

NATIONAL AUSTRALIA BK/NY CORPORATE
NOTES
DTD 06/09/2022 3.905% 06/09/2027
484,935.50 492,185.11 1,193.19 488,325.00 01/18/2301/13/23Aa2AA- 500,000.00 63254ABE7 4.50

APPLE INC (CALLABLE) BONDS
DTD 09/12/2017 2.900% 09/12/2027
730,308.08 751,586.71 6,804.93 741,062.75 01/23/2301/19/23AaaAA+ 775,000.00 037833DB3 3.94

TOYOTA MOTOR CREDIT CORP CORPORATE
NOTES
DTD 01/12/2023 4.625% 01/12/2028
371,473.88 375,920.66 8,141.93 376,282.50 02/10/2302/08/23A1A+ 375,000.00 89236TKQ7 4.55

NATIONAL RURAL UTIL COOP CORP NOTES
(CAL
DTD 02/07/2018 3.400% 02/07/2028
332,067.05 334,877.26 4,760.00 329,189.00 02/22/2302/17/23A1A- 350,000.00 637432NP6 4.76

TEXAS INSTRUMENTS INC CORP NOTE
(CALLABL
DTD 11/18/2022 4.600% 02/15/2028
84,300.11 86,551.45 1,477.11 87,043.40 05/18/2305/11/23Aa3A+ 85,000.00 882508BV5 4.04

BRISTOL-MYERS SQUIBB CO CORP NOTES
(CALL
DTD 07/15/2020 3.900% 02/20/2028
361,091.25 362,677.30 5,321.88 358,263.75 03/13/2303/09/23A2A 375,000.00 110122DE5 4.93

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For the Month Ending June 30, 2024Managed Account Detail of Securities Held

LOCKHEED MARTIN CORP NOTES
(CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028
59,111.70 59,915.95 341.17 59,892.00 05/25/2305/23/23A2A- 60,000.00 539830BZ1 4.49

JOHN DEERE CAPITAL CORP CORPORATE
NOTES
DTD 07/14/2023 4.950% 07/14/2028
375,077.25 377,325.45 8,610.94 377,865.00 07/25/2307/21/23A1A 375,000.00 24422EXB0 4.78

CITIBANK NA CORP NOTES (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
770,231.25 746,767.23 11,122.42 746,280.00 10/04/2310/02/23Aa3A+ 750,000.00 17325FBB3 5.92

AIR PRODUCTS & CHEMICALS CORP NOTES
(CAL
DTD 02/08/2024 4.600% 02/08/2029
336,717.30 339,579.93 6,212.56 339,547.80 02/08/2402/06/24A2A 340,000.00 009158BH8 4.63

CISCO SYSTEMS INC CORPORATE NOTES
(CALLA
DTD 02/26/2024 4.850% 02/26/2029
419,643.00 419,862.08 7,072.92 419,853.00 02/26/2402/21/24A1AA- 420,000.00 17275RBR2 4.86

BLACKROCK FUNDING INC CORPORATE

NOTES (C
DTD 03/14/2024 4.700% 03/14/2029
49,753.35 49,914.29 698.47 49,909.50 03/14/2403/05/24Aa3AA- 50,000.00 09290DAA9 4.74

BLACKROCK FUNDING INC CORPORATE

NOTES (C
DTD 03/14/2024 4.700% 03/14/2029
721,423.58 725,336.09 10,127.85 725,355.25 03/14/2403/06/24Aa3AA- 725,000.00 09290DAA9 4.69

ADOBE INC CORP NOTES (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
170,187.51 169,785.21 1,972.00 169,775.60 04/04/2404/02/24A1A+ 170,000.00 00724PAF6 4.83

ADOBE INC CORP NOTES (CALLABLE)
DTD 04/04/2024 4.800% 04/04/2029
205,226.12 204,707.63 2,378.00 204,694.55 04/04/2404/01/24A1A+ 205,000.00 00724PAF6 4.83

HOME DEPOT INC CORPORATE NOTES
(CALLABLE
DTD 06/25/2024 4.750% 06/25/2029
124,053.75 124,196.09 98.96 124,193.75 06/25/2406/17/24A2A 125,000.00 437076DC3 4.90

HOME DEPOT INC CORPORATE NOTES
(CALLABLE
DTD 06/25/2024 4.750% 06/25/2029
248,107.50 248,631.48 197.92 248,627.50 06/25/2406/18/24A2A 250,000.00 437076DC3 4.88

Page 13 ends

For the Month Ending June 30, 2024Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
129,983.05 12,093,783.12 12,328,897.29 3.62 12,376,027.70 12,420,000.00 Security Type Sub-Total Certificate of Deposit

TORONTO DOMINION BANK NY CERT
DEPOS
DTD 10/31/2022 5.600% 10/27/2025
451,689.29 450,000.00 17,500.00 450,000.00 10/31/2210/27/22A1A 450,000.00 89115B6K1 5.58

NORDEA BANK ABP NEW YORK CERT DEPOS
DTD 11/03/2022 5.530% 11/03/2025
450,107.10 450,000.00 4,009.25 450,000.00 11/03/2211/02/22Aa3AA- 450,000.00 65558UYF3 5.53 21,509.25 901,796.39 900,000.00 5.56 900,000.00 900,000.00 Security Type Sub-Total Asset-Backed Security
HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
2,406.80 2,412.81 0.41 2,412.62 04/28/2104/20/21NRAAA 2,412.88 44933LAC7 0.38 NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
55,723.56 56,309.40 8.26 56,308.73 06/23/2106/15/21AaaAAA 56,309.69 65480BAC1 0.33 TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
52,350.47 52,901.32 6.11 52,897.40 06/14/2106/08/21NRAAA 52,903.10 89190GAC1 0.26 HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
39,148.41 39,954.38 9.77 39,949.11 11/24/2111/16/21AaaNR 39,957.53 43815GAC3 0.89 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
18,395.20 18,596.59 4.30 18,593.93 04/21/2104/13/21NRAAA 18,597.95 14314QAC8 0.52 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
29,715.66 30,238.02 9.95 30,234.08 11/17/2111/09/21NRAAA 30,240.83 44935FAD6 0.75 DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
192,927.54 194,981.45 50.27 194,958.25 09/27/2109/20/21AaaAAA 195,000.00 254683CP8 0.58 GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
37,149.17 38,017.26 10.77 38,016.73 10/21/2110/13/21AaaAAA 38,017.70 362554AC1 0.68 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
190,292.60 192,680.79 339.98 192,678.92 07/20/2207/12/22NRAAA 192,683.47 14318MAD1 3.97 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
138,590.16 139,982.02 277.51 139,971.03 09/28/2209/20/22AaaAAA 140,000.00 65480JAC4 4.46

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For the Month Ending June 30, 2024Managed Account Detail of Securities Held

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par
Asset-Backed Security
GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
273,345.88 274,970.93 552.29 274,954.93 10/12/2210/04/22NRAAA 275,000.00 36265QAD8 4.82 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
242,846.70 244,999.92 504.16 244,999.88 01/30/2301/24/23NRAAA 245,000.00 891940AC2 4.63 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
243,193.13 244,974.45 539.00 244,961.56 11/03/2210/27/22NRAAA 245,000.00 14041NGB1 4.95 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
169,168.62 169,987.70 381.56 169,982.88 02/23/2302/13/23AaaNR 170,000.00 41285JAD0 5.05 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
128,779.51 129,989.93 268.67 129,986.44 03/31/2303/28/23NRAAA 130,000.00 344928AD8 4.65 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
320,400.93 319,946.65 625.16 319,934.02 08/22/2308/15/23NRAAA 320,000.00 43815QAC1 5.42 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
315,108.06 319,986.05 612.98 319,981.44 04/11/2304/04/23AaaNR 320,000.00 254683CY9 4.31 BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
168,965.47 169,969.68 361.91 169,961.51 06/16/2306/08/23NRAAA 170,000.00 05522RDG0 4.79 AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
189,215.28 189,986.74 411.24 189,983.15 06/14/2306/07/23NRAAA 190,000.00 02582JJZ4 4.87 COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
483,263.58 489,912.61 962.58 489,887.64 05/24/2305/17/23NRAAA 490,000.00 14041NGD7 4.43 DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
348,509.74 349,962.34 766.89 349,952.72 06/28/2306/21/23AaaAAA 350,000.00 254683CZ6 4.93 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
85,678.61 84,986.90 133.88 84,985.03 11/08/2311/01/23AaaNR 85,000.00 438123AC5 5.67 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
350,731.12 349,982.03 860.22 349,978.30 08/23/2308/15/23AaaAAA 350,000.00 31680EAD3 5.53 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
405,319.46 404,903.69 928.80 404,887.73 09/15/2309/07/23NRAAA 405,000.00 161571HT4 5.17

Page 15 ends

For the Month Ending June 30, 2024Managed Account Detail of Securities Held

Page 16 ends

For the Month Ending June 30, 2024Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
U.S. Treasury Bond / Note
(1,274.71)(4,324.22) 49,117.19 98.23 WELLS_F 50,000.00 912828YY0US TREASURY NOTES DTD 12/31/2019 1.750% 12/31/2024

5.38 0.50
(2,123.62)(1,382.81) 47,648.44 95.30 GOLDMAN 50,000.00 912828ZW3US TREASURY NOTES DTD 06/30/2020 0.250% 06/30/2025

5.13 1.00
(7,292.57) 4,763.68 423,421.88 94.09 BMO 450,000.00 912828U24US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026

4.65 2.33
(202,993.06) 16,328.12 8,938,906.25 94.09 JPM_CHA 9,500,000.00 912828U24US TREASURY NOTES DTD 11/15/2016 2.000% 11/15/2026

4.65 2.33
(27,045.79)(12,234.44) 1,143,187.44 95.27 BNP_PAR 1,200,000.00 91282CEN7US TREASURY NOTES DTD 04/30/2022 2.750% 04/30/2027

4.55 2.74
(9,717.30)(6,254.90) 356,074.20 94.95 MORGAN_ 375,000.00 91282CFB2US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027

4.52 2.95
(1,483.43) 6,546.86 379,812.48 94.95 BMO 400,000.00 91282CFB2US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027

4.52 2.95
(4,251.45) 4,078.09 569,718.72 94.95 CITIGRP 600,000.00 91282CFB2US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027

4.52 2.95
(13,273.77)(3,416.06) 783,363.24 94.95 HSBC 825,000.00 91282CFB2US TREASURY NOTES DTD 07/31/2022 2.750% 07/31/2027

4.52 2.95
(18,462.25)(17,900.39) 1,152,601.56 98.09 CITIGRP 1,175,000.00 91282CFZ9US TREASURY NOTES DTD 11/30/2022 3.875% 11/30/2027

4.48 3.23
(9,265.38)(6,984.38) 1,177,125.00 98.09 HSBC 1,200,000.00 91282CFZ9US TREASURY NOTES DTD 11/30/2022 3.875% 11/30/2027

4.48 3.23
(153.89) 234.37 393,875.00 98.47 JPM_CHA 400,000.00 91282CGP0US TREASURY NOTES DTD 02/28/2023 4.000% 02/29/2028

4.46 3.41
(11,448.58)(11,695.31) 590,812.50 98.47 CITIGRP 600,000.00 91282CGP0US TREASURY NOTES DTD 02/28/2023 4.000% 02/29/2028

4.46 3.41
(7,142.08)(5,958.98) 1,329,328.13 98.47 CITIGRP 1,350,000.00 91282CGP0US TREASURY NOTES DTD 02/28/2023 4.000% 02/29/2028

4.46 3.41
26,417.90 29,093.74 2,412,484.37 98.47 HSBC 2,450,000.00 91282CGP0US TREASURY NOTES DTD 02/28/2023 4.000% 02/29/2028

4.46 3.41
(4,183.76) 339.84 2,565,593.75 88.47 BMO 2,900,000.00 91282CCH2US TREASURY NOTES DTD 06/30/2021 1.250% 06/30/2028

4.43 3.89
(8,766.79) 4.55 (293,693.74) 22,313,070.15 23,525,000.00 Security Type Sub-Total 2.90

Page 17 ends

For the Month Ending June 30, 2024Managed Account Fair Market Value & Analytics

0.00 0.00 60,000.00 100.00 SIEBERT 60,000.00 20772KJW0CT ST TXBL GO BONDS DTD 06/11/2020 1.998% 07/01/2024

1.98 0.01
(182.00)(182.00) 99,818.00 99.82 RBC 100,000.00 157411TK5CHAFFEY UHSD, CA TXBL GO BONDS DTD 12/05/2019 2.101% 08/01/2024

4.19 0.09
(10,211.50)(10,211.50) 314,788.50 96.86 WELLS_F 325,000.00 650036DT0NY ST URBAN DEV CORP TXBL REV BONDS DTD 12/23/2020 0.870% 03/15/2025

5.45 0.71
(3,016.65)(3,016.65) 81,983.35 96.45 04/15/25JPM_CHA 85,000.00 91412HGE7UNIV OF CAL TXBL REV BONDS DTD 07/16/2020 0.883% 05/15/2025

5.08 0.80
(2,700.45)(3,064.10) 62,395.45 95.99 MERRILL 65,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025

5.42 1.00
(3,523.56)(3,969.50) 81,594.05 95.99 MERRILL 85,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025

5.42 1.00
(6,411.20)(6,411.20) 153,588.80 95.99 MERRILL 160,000.00 341271AD6FL ST BOARD OF ADMIN TXBL REV BONDS DTD 09/16/2020 1.258% 07/01/2025

5.42 1.00
(4,732.90)(4,732.90) 95,267.10 95.27 MORGAN_ 100,000.00 60412AK85MINNESOTA ST-F-UNREF MUNICIPAL BONDS
DTD 08/25/2020 0.630% 08/01/2025

5.17 1.09
(5,930.60)(5,930.60) 124,069.40 95.44 KEYBANC 130,000.00 798306WP7SAN JUAN USD, CA TXBL GO BONDS DTD 10/29/2020 0.852% 08/01/2025

5.23 1.09
(4,671.60)(4,671.60) 80,328.40 94.50 JPM_CHA 85,000.00 13077DQD7CA ST UNIV TXBL REV BONDS DTD 07/29/2021 0.862% 11/01/2025

5.17 1.33
364.00 364.00 200,364.00 100.18 WELLS_F 200,000.00 13063D3N6CA ST MUNICIPAL BONDS DTD 03/15/2023 4.846% 03/01/2027

4.77 2.50
(41,826.05) 5.02 (41,016.46) 1,354,197.05 1,395,000.00 Security Type Sub-Total 1.07 Federal Agency Commercial Mortgage-Backed Security
(4,051.33)(15,050.96) 240,897.11 98.78 CITIGRP 243,868.94 3137BGK24FHMS K043 A2 DTD 03/01/2015 3.062% 12/01/2024

6.01 0.41
(3,355.86) 1,735.48 265,348.76 96.49 BAIRD 275,000.00 3137BNGT5FHMS K054 A2 DTD 04/20/2016 2.745% 01/01/2026

5.18 1.37
(11,512.73)(2,954.79) 523,885.05 95.25 BREAN 550,000.00 3137BSP72FHMS K058 A2 DTD 11/09/2016 2.653% 08/01/2026

5.06 2.00

Page 18 ends

For the Month Ending June 30, 2024Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Federal Agency Commercial Mortgage-Backed Security
(5,704.30)(1,994.43) 361,458.82 96.39 CITIGRP 374,996.09 3137BTUM1FHMS K061 A2 DTD 01/30/2017 3.347% 11/01/2026

4.99 2.13
173.72 7,857.77 526,662.46 95.76 MORGAN_ 550,000.00 3137BXQY1FHMS K064 A2 DTD 05/15/2017 3.224% 03/01/2027

4.92 2.40
(7,453.89)(1,099.96) 525,933.24 95.62 CITIGRP 550,000.00 3137F1G44FHLMC MULTIFAMILY STRUCTURED P DTD 07/01/2017 3.243% 04/01/2027

4.95 2.54
(915.75)(915.37) 395,827.32 99.77 JPM_CHA 396,745.88 3137HBC69FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028

4.92 3.12
(1,738.95)(1,736.86) 435,542.85 99.60 JPM_CHA 437,290.60 3137HAD45FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028

4.89 2.68
(6,058.96)(7,131.07) 548,362.33 99.70 JPM_CHA 550,000.00 3137HACX2FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028

4.90 3.45
(7,506.57)(5,763.14) 534,912.64 97.26 JPM_CHA 550,000.00 3136BQDE6FNA 2023-M6 A2 DTD 07/01/2023 4.190% 07/01/2028

4.95 3.60
6,576.24 8,017.35 497,049.35 99.41 BMO 500,000.00 3137HAQ74FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028

4.90 3.61
3,003.68 4,745.66 792,911.26 99.11 WELLS_F 800,000.00 3137HAMH6FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028

4.89 3.59
9,757.03 11,225.53 374,269.41 99.81 MORGAN_ 375,000.00 3137HAST4FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028

4.90 3.68
3,349.05 4,175.06 498,198.56 99.64 MERRILL 500,000.00 3137HAMS2FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028

4.90 3.64
1,539.43 1,597.95 181,077.57 100.60 JPM_CHA 180,000.00 3137HB3D4FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028

4.91 3.70
249.13 332.73 274,542.66 99.83 MERRILL 275,000.00 3137HB3G7FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028

4.90 3.75
(6,260.66)(6,477.37) 286,422.34 98.77 JPM_CHA 290,000.00 3137HBLV4FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028

4.88 3.84
(779.01)(778.99) 549,219.36 99.86 MORGAN_ 550,000.00 3137HDJJ0FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029

4.84 4.31
(4,215.41) 4.96 (30,689.73) 7,812,521.09 7,947,901.51 Security Type Sub-Total 3.09 Federal Agency Bond / Note

Page 19 ends

For the Month Ending June 30, 2024Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Federal Agency Bond / Note
(20,324.28)(18,654.52) 404,228.98 95.11 WELLS_F 425,000.00 3137EAEU9FREDDIE MAC NOTES DTD 07/23/2020 0.375% 07/21/2025

5.18 1.06
(18,140.98)(16,880.15) 331,481.85 94.71 BARCLAY 350,000.00 3135G05X7FANNIE MAE NOTES DTD 08/27/2020 0.375% 08/25/2025

5.16 1.15
(7,997.37)(7,653.75) 141,896.25 94.60 WELLS_F 150,000.00 3130AK5E2FEDERAL HOME LOAN BANK NOTES DTD 09/11/2020 0.375% 09/04/2025

5.16 1.18
(38,075.84)(36,487.50) 661,405.50 94.49 CITIGRP 700,000.00 3137EAEX3FREDDIE MAC NOTES DTD 09/25/2020 0.375% 09/23/2025

5.05 1.23
(36,910.78)(35,215.05) 612,457.95 94.22 BARCLAY 650,000.00 3135G06G3FANNIE MAE NOTES DTD 11/12/2020 0.500% 11/07/2025

4.97 1.35
(114,890.97) 5.08 (121,449.25) 2,151,470.53 2,275,000.00 Security Type Sub-Total 1.22 Corporate Note
(350.80)(18,982.80) 399,649.20 99.91 SUSQ 400,000.00 38141EC23GOLDMAN SACHS GROUP INC (CALLABLE) BONDS
DTD 07/08/2014 3.850% 07/08/2024

7.66 0.03
(401.35)(395.29) 69,598.41 99.43 GOLDMAN 70,000.00 05565EBU8BMW US CAPITAL LLC CORPORATE NOTES DTD 08/12/2021 0.750% 08/12/2024

5.68 0.12
(4,915.33)(11,697.00) 171,197.25 97.83 MERRILL 175,000.00 69371RQ66PACCAR FINANCIAL CORP CORPORATE NOTES
DTD 02/06/2020 1.800% 02/06/2025

5.53 0.60
(1,714.90)(1,652.24) 78,266.96 97.83 02/01/25BARCLAY 80,000.00 025816CQ0AMERICAN EXPRESS CO CORP NOTES (CALLABLE
DTD 03/04/2022 2.250% 03/04/2025

5.55 0.59
(9,220.08)(9,220.08) 400,779.92 97.75 02/10/25DEUTSCH 410,000.00 771196BT8ROCHE HOLDINGS INC (CALLABLE)

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

5.47 0.61
(476.59)(444.15) 24,512.10 98.05 03/15/25MORGAN_ 25,000.00 437076CM2HOME DEPOT INC (CALLABLE) CORPORATE NOTE
DTD 03/28/2022 2.700% 04/15/2025

5.24 0.71
(1,036.74)(1,026.41) 63,959.29 98.40 04/01/25KEYBANC 65,000.00 17252MAP5CINTAS CORPORATION NO. 2 CORP NOTE (CALL
DTD 05/03/2022 3.450% 05/01/2025

5.43 0.75

Page 20 ends

For the Month Ending June 30, 2024Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Corporate Note
(3,480.93)(2,954.02) 221,310.23 98.36 MERRILL 225,000.00 90327QD89USAA CAPITAL CORP CORPORATE NOTES DTD 05/26/2022 3.375% 05/01/2025

5.40 0.83
(7,992.22)(30,882.15) 221,365.35 98.38 03/15/25JPM_CHA 225,000.00 369550BG2GENERAL DYNAMICS CORP (CALLABLE)

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

5.41 0.71
(18,970.77)(18,781.02) 455,986.23 96.00 05/03/25GOLDMAN 475,000.00 023135BQ8AMAZON INC CORP NOTES (CALLABLE) DTD 06/03/2020 0.800% 06/03/2025

5.29 0.85
(4,255.50)(4,255.50) 245,744.50 98.30 CITIGRP 250,000.00 63254ABD9NATIONAL AUSTRALIA BK/NY CORPORATE NOTES
DTD 06/09/2022 3.500% 06/09/2025

5.38 0.94
(969.56)(960.20) 49,026.30 98.05 RBC 50,000.00 63743HFE7NATIONAL RURAL UTIL COOP CORPORATE NOTES
DTD 05/04/2022 3.450% 06/15/2025

5.56 0.95
(3,172.72)(3,172.72) 221,827.28 98.59 JPM_CHA 225,000.00 459200KS9IBM CORP CORPORATE NOTES DTD 07/27/2022 4.000% 07/27/2025

5.36 1.05
(10,639.87)(35,563.50) 221,355.00 98.38 MERRILL 225,000.00 06051GFS3BANK OF AMERICA CORP NOTES DTD 07/30/2015 3.875% 08/01/2025

5.43 1.06
(9,536.21)(35,721.00) 222,124.50 98.72 06/15/25US_BANC 225,000.00 002824BM1ABBOTT LABORATORIES CORPORATE

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

4.97 0.95
(4,775.40)(4,775.40) 220,224.60 97.88 12/06/24MERRILL 225,000.00 06051GKE8BANK OF AMERICA CORP NOTES (CALLABLE)
DTD 12/06/2021 1.530% 12/06/2025

3.05 0.44
(3,459.22)(3,459.22) 171,540.78 98.02 02/24/25JPM_CHA 175,000.00 46647PCV6JPMORGAN CHASE & CO CORP NOTES (CALLABLE
DTD 02/24/2022 2.595% 02/24/2026

3.84 0.65
(15,823.51)(15,578.77) 209,029.73 92.90 04/15/26CITIGRP 225,000.00 91324PEC2UNITEDHEALTH GROUP INC (CALLABLE) CORPOR
DTD 05/19/2021 1.150% 05/15/2026

5.17 1.78
(13,886.41)(13,856.15) 161,091.35 92.05 07/12/26MITSU 175,000.00 05565EBW4BMW US CAPITAL LLC (CALLABLE)

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

5.27 2.01

Page 21 ends

For the Month Ending June 30, 2024Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Corporate Note
(16,674.72)(16,113.15) 207,750.60 92.33 JPM_CHA 225,000.00 14913R2U0CATERPILLAR FINL SERVICE CORPORATE NOTES
DTD 01/10/2022 1.700% 01/08/2027

4.97 2.46
(2,762.47)(2,729.20) 37,202.80 93.01 12/15/26CITIGRP 40,000.00 87612EBM7TARGET CORP CORP NOTES (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027

4.91 2.39
(33,366.91)(32,855.27) 441,090.23 92.86 12/26/26DEUTSCH 475,000.00 06406RBA4BANK OF NY MELLON CORP (CALLABLE) CORPOR
DTD 01/26/2022 2.050% 01/26/2027

5.04 2.42
(7,516.79) 1,796.25 723,738.75 96.50 11/06/26GOLDMAN 750,000.00 594918BY9MICROSOFT CORP CORP NOTES (CALLABLE)
DTD 02/06/2017 3.300% 02/06/2027

4.75 2.25
(5,049.85) 2,973.00 280,176.00 93.39 02/01/27RBS 300,000.00 025816CS6AMERICAN EXPRESS CO CORP NOTES (CALLABLE
DTD 03/04/2022 2.550% 03/04/2027

5.22 2.50
(25,038.01)(20,948.92) 445,140.08 93.71 02/15/27SEEL 475,000.00 084664CZ2BERKSHIRE HATHAWAY CORP NOTES (CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027

4.80 2.55
(3,515.57) 1,462.50 286,387.50 95.46 01/01/27BARCLAY 300,000.00 808513BW4CHARLES SCHWAB CORP NOTES (CALLABLE)
DTD 09/24/2021 3.300% 04/01/2027

5.09 2.41
(7,249.61)(3,389.50) 484,935.50 96.99 CBAA 500,000.00 63254ABE7NATIONAL AUSTRALIA BK/NY CORPORATE NOTES
DTD 06/09/2022 3.905% 06/09/2027

5.02 2.80
(21,278.63)(10,754.67) 730,308.08 94.23 06/12/27TD 775,000.00 037833DB3APPLE INC (CALLABLE) BONDS DTD 09/12/2017 2.900% 09/12/2027

4.87 2.82
(4,446.78)(4,808.62) 371,473.88 99.06 WELLS_F 375,000.00 89236TKQ7TOYOTA MOTOR CREDIT CORP

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

4.92 3.23
(2,810.21) 2,878.05 332,067.05 94.88 11/07/27MORGAN_ 350,000.00 637432NP6NATIONAL RURAL UTIL COOP CORP NOTES (CAL
DTD 02/07/2018 3.400% 02/07/2028

4.97 3.15
(2,251.34)(2,743.29) 84,300.11 99.18 01/15/28JPM_CHA 85,000.00 882508BV5TEXAS INSTRUMENTS INC CORP NOTE (CALLABL
DTD 11/18/2022 4.600% 02/15/2028

4.85 3.26

Page 22 ends

For the Month Ending June 30, 2024Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Corporate Note
(1,586.05) 2,827.50 361,091.25 96.29 11/20/27MKTX 375,000.00 110122DE5BRISTOL-MYERS SQUIBB CO CORP NOTES (CALL
DTD 07/15/2020 3.900% 02/20/2028

5.03 3.16
(804.25)(780.30) 59,111.70 98.52 04/15/28BARCLAY 60,000.00 539830BZ1LOCKHEED MARTIN CORP NOTES (CALLABLE)
DTD 05/25/2023 4.450% 05/15/2028

4.87 3.51
(2,248.20)(2,787.75) 375,077.25 100.02 CITIGRP 375,000.00 24422EXB0JOHN DEERE CAPITAL CORP CORPORATE NOTES
DTD 07/14/2023 4.950% 07/14/2028

4.94 3.63
23,464.02 23,951.25 770,231.25 102.70 08/29/28BARCLAY 750,000.00 17325FBB3CITIBANK NA CORP NOTES (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028

5.09 3.72
(2,862.63)(2,830.50) 336,717.30 99.03 01/08/29BARCLAY 340,000.00 009158BH8AIR PRODUCTS & CHEMICALS CORP NOTES (CAL
DTD 02/08/2024 4.600% 02/08/2029

4.84 4.06
(219.08)(210.00) 419,643.00 99.92 01/26/29CITIGRP 420,000.00 17275RBR2CISCO SYSTEMS INC CORPORATE NOTES (CALLA
DTD 02/26/2024 4.850% 02/26/2029

4.87 4.09
(160.94)(156.15) 49,753.35 99.51 02/14/29CITIGRP 50,000.00 09290DAA9BLACKROCK FUNDING INC CORPORATE

NOTES (C
DTD 03/14/2024 4.700% 03/14/2029

4.82 4.16
(3,912.51)(3,931.67) 721,423.58 99.51 02/14/29MERRILL 725,000.00 09290DAA9BLACKROCK FUNDING INC CORPORATE

NOTES (C
DTD 03/14/2024 4.700% 03/14/2029

4.82 4.16
402.30 411.91 170,187.51 100.11 03/04/29SEEL 170,000.00 00724PAF6ADOBE INC CORP NOTES (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029

4.77 4.20
518.49 531.57 205,226.12 100.11 03/04/29MERRILL 205,000.00 00724PAF6ADOBE INC CORP NOTES (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029

4.77 4.20
(142.34)(140.00) 124,053.75 99.24 05/25/29MORGAN_ 125,000.00 437076DC3HOME DEPOT INC CORPORATE NOTES (CALLABLE
DTD 06/25/2024 4.750% 06/25/2029

4.92 4.43
(523.98)(520.00) 248,107.50 99.24 05/25/29PNC 250,000.00 437076DC3HOME DEPOT INC CORPORATE NOTES (CALLABLE
DTD 06/25/2024 4.750% 06/25/2029

4.92 4.43

Page 23 ends

For the Month Ending June 30, 2024Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
(282,244.58) 5.07 (235,114.17) 12,093,783.12 12,420,000.00 Security Type Sub-Total 2.47 Certificate of Deposit
1,689.29 1,689.29 451,689.29 100.38 TD 450,000.00 89115B6K1TORONTO DOMINION BANK NY CERT DEPOS
DTD 10/31/2022 5.600% 10/27/2025

5.20 1.28
107.10 107.10 450,107.10 100.02 WELLS_F 450,000.00 65558UYF3NORDEA BANK ABP NEW YORK CERT DEPOS
DTD 11/03/2022 5.530% 11/03/2025

5.51 1.31
1,796.39 5.35 1,796.39 901,796.39 900,000.00 Security Type Sub-Total 1.29 Asset-Backed Security
(6.01)(5.82) 2,406.80 99.75 BARCLAY 2,412.88 44933LAC7HART 2021-A A3 DTD 04/28/2021 0.380% 09/15/2025

0.59 0.04
(585.84)(585.17) 55,723.56 98.96 MITSU 56,309.69 65480BAC1NAROT 2021-A A3 DTD 06/23/2021 0.330% 10/15/2025

1.14 0.19
(550.85)(546.93) 52,350.47 98.96 CITIGRP 52,903.10 89190GAC1TAOT 2021-B A3 DTD 06/14/2021 0.260% 11/17/2025

1.02 0.17
(805.97)(800.70) 39,148.41 97.98 MERRILL 39,957.53 43815GAC3HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026

2.20 0.42
(201.39)(198.73) 18,395.20 98.91 MERRILL 18,597.95 14314QAC8CARMX 2021-2 A3 DTD 04/21/2021 0.520% 02/17/2026

1.20 0.18
(522.36)(518.42) 29,715.66 98.26 SMBC 30,240.83 44935FAD6HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026

1.68 0.32
(2,053.91)(2,030.71) 192,927.54 98.94 CITIGRP 195,000.00 254683CP8DCENT 2021-A1 A1 DTD 09/27/2021 0.580% 09/15/2026

1.07 0.21
(868.09)(867.56) 37,149.17 97.72 JPM_CHA 38,017.70 362554AC1GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026

1.73 0.45
(2,388.19)(2,386.32) 190,292.60 98.76 RBC 192,683.47 14318MAD1CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027

4.44 0.67
(1,391.86)(1,380.87) 138,590.16 98.99 WELLS_F 140,000.00 65480JAC4NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027

4.84 0.87
(1,625.05)(1,609.05) 273,345.88 99.40 RBC 275,000.00 36265QAD8GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027

5.03 0.81

Page 24 ends

For the Month Ending June 30, 2024Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
Asset-Backed Security
(2,153.22)(2,153.18) 242,846.70 99.12 MERRILL 245,000.00 891940AC2TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027

4.93 1.04
(1,781.32)(1,768.43) 243,193.13 99.26 RBC 245,000.00 14041NGB1COMET 2022-A3 A DTD 11/03/2022 4.950% 10/15/2027

5.19 1.22
(819.08)(814.26) 169,168.62 99.51 JPM_CHA 170,000.00 41285JAD0HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027

5.20 0.97
(1,210.42)(1,206.93) 128,779.51 99.06 BNP_PAR 130,000.00 344928AD8FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028

4.93 1.25
454.28 466.91 320,400.93 100.13 MERRILL 320,000.00 43815QAC1HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028

5.37 1.48
(4,877.99)(4,873.38) 315,108.06 98.47 RBC 320,000.00 254683CY9DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028

4.76 1.60
(1,004.21)(996.04) 168,965.47 99.39 MERRILL 170,000.00 05522RDG0BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028

4.96 1.74
(771.46)(767.87) 189,215.28 99.59 RBC 190,000.00 02582JJZ4AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028

4.99 1.74
(6,649.03)(6,624.06) 483,263.58 98.63 RBC 490,000.00 14041NGD7COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028

4.81 1.75
(1,452.60)(1,442.98) 348,509.74 99.57 MERRILL 350,000.00 254683CZ6DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028

5.05 1.82
691.71 693.58 85,678.61 100.80 JPM_CHA 85,000.00 438123AC5HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028

5.45 1.76
749.09 752.82 350,731.12 100.21 JPM_CHA 350,000.00 31680EAD3FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028

5.47 1.59
415.77 431.73 405,319.46 100.08 JPM_CHA 405,000.00 161571HT4CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028

5.14 2.03
1,526.73 1,529.30 411,510.97 100.37 CITIGRP 410,000.00 02582JKD1AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028

5.13 2.03
(256.54)(254.13) 179,721.70 99.85 MERRILL 180,000.00 05522RDH8BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028

5.02 2.18
3,873.99 3,877.38 498,775.91 100.76 BARCLAY 495,000.00 02582JKH2AMXCA 2024-1 A DTD 04/23/2024 5.230% 04/16/2029

5.05 2.53
(24,079.82) 4.76 (24,263.82) 5,571,234.24 5,596,123.15 Security Type Sub-Total 1.54

Page 25 ends

For the Month Ending June 30, 2024Managed Account Fair Market Value & Analytics

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Value On Cost Amort CostCUSIP Broker Date PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/LNext Call MarketSecurity Type/Description YTMEffective Duration
54,059,024.66 52,198,072.57 (474,227.23) (744,430.78) 4.80 Managed Account Sub-Total 2.54 Joint Powers Authority

0.00 0.00 88,805.27 1.00 88,805.27 CAMP Pool 0.00
88,805.27 88,805.27 0.00 0.00 Liquid Sub-Total 0.00 Total Investments $52,616,515.15
$329,637.31
$52,286,877.84
Accrued Interest
Securities Sub-Total $54,147,829.93 ($474,227.23) ($744,430.78) 4.80% 2.54

Page 26 ends

For the Month Ending June 30, 2024Managed Account Security Transactions & Interest

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade CUSIPSecurity DescriptionSettle Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
BUY
06/13/24 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
3137HDJJ0 (549,998.35) (880.55) (550,878.90) 550,000.00 06/05/24 06/11/24 US TREASURY NOTES
DTD 06/30/2021 1.250% 06/30/2028
91282CCH2 (2,565,253.91) (16,232.83) (2,581,486.74) 2,900,000.00 06/06/24 06/25/24 HOME DEPOT INC CORPORATE NOTES
(CALLABLE
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 (124,193.75) 0.00 (124,193.75) 125,000.00 06/17/24 06/25/24 HOME DEPOT INC CORPORATE NOTES
(CALLABLE
DTD 06/25/2024 4.750% 06/25/2029
437076DC3 (248,627.50) 0.00 (248,627.50) 250,000.00 06/18/24 (17,113.38) (3,505,186.89)(3,488,073.51) 3,825,000.00 Transaction Type Sub-Total

INTEREST
06/25/24 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 0.00 3,100.00 3,100.00 800,000.00 06/01/24 06/25/24 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 0.00 2,208.71 2,208.71 550,000.00 06/01/24 06/25/24 FHMS K054 A2
DTD 04/20/2016 2.745% 01/01/2026
3137BNGT5 0.00 629.06 629.06 275,000.00 06/01/24
06/25/24 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 0.00 1,741.71 1,741.71 437,523.47 06/01/24 06/25/24 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 0.00 760.35 760.35 180,000.00 06/01/24
06/25/24 FHLMC MULTIFAMILY STRUCTURED P
DTD 07/01/2017 3.243% 04/01/2027
3137F1G44 0.00 1,486.38 1,486.38 550,000.00 06/01/24 06/25/24 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 0.00 1,608.12 1,608.12 397,229.54 06/01/24 06/25/24 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 0.00 1,975.00 1,975.00 500,000.00 06/01/24 06/25/24 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
3136BQDE6 0.00 1,920.42 1,920.42 550,000.00 06/01/24 06/25/24 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 0.00 1,515.63 1,515.63 375,000.00 06/01/24

Page 27 ends

For the Month Ending June 30, 2024Managed Account Security Transactions & Interest

INTEREST
06/25/24 FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
3137BGK24 0.00 623.33 623.33 244,283.12 06/01/24
06/25/24 FHMS K058 A2
DTD 11/09/2016 2.653% 08/01/2026
3137BSP72 0.00 1,215.96 1,215.96 550,000.00 06/01/24 06/25/24 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 0.00 2,000.00 2,000.00 500,000.00 06/01/24 06/25/24 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 0.00 1,113.75 1,113.75 275,000.00 06/01/24 06/25/24 FHMS K064 A2
DTD 05/15/2017 3.224% 03/01/2027
3137BXQY1 0.00 1,477.67 1,477.67 550,000.00 06/01/24 06/25/24 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 0.00 1,104.90 1,104.90 290,000.00 06/01/24 06/25/24 FHMS K061 A2
DTD 01/30/2017 3.347% 11/01/2026
3137BTUM1 0.00 1,047.93 1,047.93 375,712.67 06/01/24 06/03/24 AMAZON INC CORP NOTES (CALLABLE)
DTD 06/03/2020 0.800% 06/03/2025
023135BQ8 0.00 1,900.00 1,900.00 475,000.00 06/03/24 06/06/24 BANK OF AMERICA CORP NOTES
(CALLABLE)
DTD 12/06/2021 1.530% 12/06/2025
06051GKE8 0.00 1,721.25 1,721.25 225,000.00 06/06/24 06/09/24 NATIONAL AUSTRALIA BK/NY

CORPORATE NOTES
DTD 06/09/2022 3.500% 06/09/2025
63254ABD9 0.00 4,375.00 4,375.00 250,000.00 06/09/24 06/09/24 NATIONAL AUSTRALIA BK/NY

CORPORATE NOTES
DTD 06/09/2022 3.905% 06/09/2027
63254ABE7 0.00 9,762.50 9,762.50 500,000.00 06/09/24 06/15/24 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 0.00 676.84 676.84 204,587.81 06/15/24
06/15/24 NATIONAL RURAL UTIL COOP

CORPORATE NOTES
DTD 05/04/2022 3.450% 06/15/2025
63743HFE7 0.00 862.50 862.50 50,000.00 06/15/24
06/15/24 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 0.00 21.10 21.10 34,223.25 06/15/24
06/15/24 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 0.00 1,612.92 1,612.92 350,000.00 06/15/24

Page 28 ends

For the Month Ending June 30, 2024Managed Account Security Transactions & Interest

INTEREST
06/15/24 DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
254683CZ6 0.00 1,437.92 1,437.92 350,000.00 06/15/24 06/15/24 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 0.00 9.79 9.79 22,598.32 06/15/24
06/15/24 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
344928AD8 0.00 503.75 503.75 130,000.00 06/15/24
06/15/24 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 0.00 747.00 747.00 180,000.00 06/15/24
06/15/24 BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
05522RDG0 0.00 678.58 678.58 170,000.00 06/15/24
06/15/24 HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
44933LAC7 0.00 1.74 1.74 5,481.70 06/15/24
06/15/24 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
161571HT4 0.00 1,741.50 1,741.50 405,000.00 06/15/24 06/15/24 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
254683CY9 0.00 1,149.33 1,149.33 320,000.00 06/15/24 06/15/24 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
14041NGB1 0.00 1,010.63 1,010.63 245,000.00 06/15/24 06/15/24 NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
65480BAC1 0.00 18.94 18.94 68,866.64 06/15/24
06/15/24 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
02582JKD1 0.00 1,786.92 1,786.92 410,000.00 06/15/24 06/15/24 COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
14041NGD7 0.00 1,804.83 1,804.83 490,000.00 06/15/24 06/15/24 AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
02582JJZ4 0.00 771.08 771.08 190,000.00 06/15/24
06/15/24 TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
89190GAC1 0.00 14.17 14.17 65,396.39 06/15/24
06/15/24 AMXCA 2024-1 A
DTD 04/23/2024 5.230% 04/16/2029
02582JKH2 0.00 2,157.37 2,157.37 495,000.00 06/15/24 06/15/24 DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
254683CP8 0.00 94.25 94.25 195,000.00 06/15/24
06/15/24 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
891940AC2 0.00 945.29 945.29 245,000.00 06/15/24

Page 29 ends

For the Month Ending June 30, 2024Managed Account Security Transactions & Interest

INTEREST
06/15/24 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 0.00 715.42 715.42 170,000.00 06/15/24
06/15/24 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 0.00 520.33 520.33 140,000.00 06/15/24
06/16/24 GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
362554AC1 0.00 23.71 23.71 41,843.76 06/16/24
06/16/24 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
36265QAD8 0.00 1,104.58 1,104.58 275,000.00 06/16/24 06/18/24 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 0.00 1,442.67 1,442.67 320,000.00 06/18/24 06/21/24 HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
43815GAC3 0.00 32.74 32.74 44,640.91 06/21/24
06/21/24 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
438123AC5 0.00 401.63 401.63 85,000.00 06/21/24
06/30/24 US TREASURY NOTES
DTD 06/30/2021 1.250% 06/30/2028
91282CCH2 0.00 18,125.00 18,125.00 2,900,000.00 06/30/24 06/30/24 US TREASURY NOTES
DTD 06/30/2020 0.250% 06/30/2025
912828ZW3 0.00 62.50 62.50 50,000.00 06/30/24
06/30/24 US TREASURY NOTES
DTD 12/31/2019 1.750% 12/31/2024
912828YY0 0.00 437.50 437.50 50,000.00 06/30/24
84,200.20 84,200.20 0.00 17,552,387.58 Transaction Type Sub-Total

MATURITY
06/01/24 JPMORGAN CHASE CORP NOTES
(CALLED, OMD 6
DTD 06/01/2021 0.824% 06/01/2024
46647PCH7 315,000.00 1,297.80 316,297.80 0.00 0.00 315,000.00 06/01/24 1,297.80 0.00 0.00 316,297.80 315,000.00 315,000.00 Transaction Type Sub-Total

PAYDOWNS
06/25/24 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 483.66 0.00 483.66 0.00 0.00 483.66 06/01/24 06/25/24 FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
3137BGK24 414.18 0.00 414.18 (20.51) 0.00 414.18 06/01/24

Page 30 ends

For the Month Ending June 30, 2024Managed Account Security Transactions & Interest

PAYDOWNS
06/25/24 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 232.87 0.00 232.87 0.01 0.00 232.87 06/01/24 06/25/24 FHMS K061 A2
DTD 01/30/2017 3.347% 11/01/2026
3137BTUM1 716.58 0.00 716.58 22.06 0.00 716.58 06/01/24 06/15/24 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 3,982.42 0.00 3,982.42 0.89 0.00 3,982.42 06/15/24 06/15/24 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 4,000.37 0.00 4,000.37 0.86 0.00 4,000.37 06/15/24 06/15/24 NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
65480BAC1 12,556.95 0.00 12,556.95 0.21 0.00 12,556.95 06/15/24 06/15/24 TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
89190GAC1 12,493.29 0.00 12,493.29 1.35 0.00 12,493.29 06/15/24 06/15/24 HART 2021-A A3
DTD 04/28/2021 0.380% 09/15/2025
44933LAC7 3,068.82 0.00 3,068.82 0.32 0.00 3,068.82 06/15/24 06/15/24 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 11,904.34 0.00 11,904.34 0.28 0.00 11,904.34 06/15/24 06/16/24 GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
362554AC1 3,826.06 0.00 3,826.06 0.10 0.00 3,826.06 06/16/24 06/21/24 HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
43815GAC3 4,683.39 0.00 4,683.39 1.00 0.00 4,683.38 06/21/24

0.00 0.00 6.57 58,362.93 58,362.93 58,362.92 Transaction Type Sub-Total SELL
06/05/24 LOS ANGELES CCD, CA TXBL GO BONDS
DTD 11/10/2020 0.773% 08/01/2025
54438CYK2 134,232.00 372.76 134,604.76 (5,768.00) (5,768.00) FIFO 140,000.00 06/05/24 06/11/24 US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
912828U24 235,146.48 366.85 235,513.33 7,001.95 (1,683.82) FIFO 250,000.00 06/06/24 06/11/24 US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
912828U24 329,205.08 513.59 329,718.67 3,582.03 (5,449.03) FIFO 350,000.00 06/06/24 06/11/24 US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
912828U24 1,975,230.47 3,081.52 1,978,311.99 21,164.06 (34,816.02) FIFO 2,100,000.00 06/06/24 06/25/24 US TREASURY NOTES
DTD 11/15/2016 2.000% 11/15/2026
912828U24 164,903.32 389.95 165,293.27 2,091.80 (2,544.84) FIFO 175,000.00 06/18/24

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For the Month Ending June 30, 2024Managed Account Security Transactions & Interest

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Transaction Type
Trade CUSIPSecurity DescriptionSettle Par Proceeds
Principal Accrued
Interest Total Cost
Realized G/L Realized G/L Sale
Amort Cost Method
4,724.67 (50,261.71) 28,071.84 2,843,442.02 2,838,717.35 3,015,000.00 Transaction Type Sub-Total (275,993.23) 73,109.29 (202,883.94) 28,078.41 (50,261.71)Managed Account Sub-Total Total Security Transactions $28,078.41 ($202,883.94)$73,109.29 ($275,993.23) ($50,261.71)

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For the Month Ending June 30, 2024Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
312,890.23 Opening Balance
06/03/24 06/03/24 Purchase - Interest 023135BQ8 1.00 1,900.00 314,790.23 06/03/24 06/03/24 Purchase - Principal 46647PCH7 1.00 316,297.80 631,088.03 06/06/24 06/06/24 Purchase - Interest 06051GKE8 1.00 1,721.25 632,809.28 06/06/24 06/06/24 Individual Portfolio Interest 54438CYK2 from 6/5/2024 1.00 372.76 633,182.04 06/06/24 06/06/24 Individual Portfolio Maturity 54438CYK2 from 6/5/2024 1.00 134,232.00 767,414.04 06/10/24 06/10/24 Purchase - Interest 63254ABD9 1.00 4,375.00 771,789.04 06/10/24 06/10/24 Purchase - Interest 63254ABE7 1.00 9,762.50 781,551.54 06/11/24 06/11/24 Purchase - Principal 912828U24 1.00 2,539,582.03 3,321,133.57 06/11/24 06/11/24 Purchase - Interest 912828U24 1.00 3,961.96 3,325,095.53 06/11/24 06/11/24 Redemption - Principal 91282CCH2 1.00 (2,565,253.91) 759,841.62 06/11/24 06/11/24 Redemption - Interest 91282CCH2 1.00 (16,232.83) 743,608.79 06/13/24 06/13/24 Redemption - Interest 3137HDJJ0 1.00 (880.55) 742,728.24 06/13/24 06/13/24 Redemption - Principal 3137HDJJ0 1.00 (549,998.35) 192,729.89 06/17/24 06/17/24 Purchase - Interest 63743HFE7 1.00 862.50 193,592.39 06/17/24 06/17/24 Purchase - Interest 02582JJZ4 1.00 771.08 194,363.47 06/17/24 06/17/24 Purchase - Interest 02582JKD1 1.00 1,786.92 196,150.39 06/17/24 06/17/24 Purchase - Interest 02582JKH2 1.00 2,157.37 198,307.76 06/17/24 06/17/24 Purchase - Interest 05522RDG0 1.00 678.58 198,986.34 06/17/24 06/17/24 Purchase - Interest 05522RDH8 1.00 747.00 199,733.34 06/17/24 06/17/24 Purchase - Interest 14041NGB1 1.00 1,010.63 200,743.97 06/17/24 06/17/24 Purchase - Interest 14041NGD7 1.00 1,804.83 202,548.80

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For the Month Ending June 30, 2024Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
06/17/24 06/17/24 Purchase - Interest 14314QAC8 1.00 9.79 202,558.59 06/17/24 06/17/24 Purchase - Interest 14318MAD1 1.00 676.84 203,235.43 06/17/24 06/17/24 Purchase - Interest 161571HT4 1.00 1,741.50 204,976.93 06/17/24 06/17/24 Purchase - Interest 254683CP8 1.00 94.25 205,071.18 06/17/24 06/17/24 Purchase - Interest 254683CY9 1.00 1,149.33 206,220.51 06/17/24 06/17/24 Purchase - Interest 254683CZ6 1.00 1,437.92 207,658.43 06/17/24 06/17/24 Purchase - Interest 31680EAD3 1.00 1,612.92 209,271.35 06/17/24 06/17/24 Purchase - Interest 344928AD8 1.00 503.75 209,775.10 06/17/24 06/17/24 Purchase - Interest 362554AC1 1.00 23.71 209,798.81 06/17/24 06/17/24 Purchase - Interest 36265QAD8 1.00 1,104.58 210,903.39 06/17/24 06/17/24 Purchase - Interest 41285JAD0 1.00 715.42 211,618.81 06/17/24 06/17/24 Purchase - Interest 44933LAC7 1.00 1.74 211,620.55 06/17/24 06/17/24 Purchase - Interest 44935FAD6 1.00 21.10 211,641.65 06/17/24 06/17/24 Purchase - Interest 65480BAC1 1.00 18.94 211,660.59 06/17/24 06/17/24 Purchase - Interest 65480JAC4 1.00 520.33 212,180.92 06/17/24 06/17/24 Purchase - Interest 89190GAC1 1.00 14.17 212,195.09 06/17/24 06/17/24 Purchase - Interest 891940AC2 1.00 945.29 213,140.38 06/17/24 06/17/24 Purchase - Principal 14314QAC8 1.00 4,000.37 217,140.75 06/17/24 06/17/24 Purchase - Principal 14318MAD1 1.00 11,904.34 229,045.09 06/17/24 06/17/24 Purchase - Principal 44935FAD6 1.00 3,982.42 233,027.51 06/17/24 06/17/24 Purchase - Principal 44933LAC7 1.00 3,068.82 236,096.33 06/17/24 06/17/24 Purchase - Principal 362554AC1 1.00 3,826.06 239,922.39

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For the Month Ending June 30, 2024Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
06/17/24 06/17/24 Purchase - Principal 65480BAC1 1.00 12,556.95 252,479.34 06/17/24 06/17/24 Purchase - Principal 89190GAC1 1.00 12,493.29 264,972.63 06/18/24 06/18/24 Purchase - Interest 43815QAC1 1.00 1,442.67 266,415.30 06/21/24 06/21/24 Purchase - Interest 438123AC5 1.00 401.63 266,816.93 06/21/24 06/21/24 Purchase - Interest 43815GAC3 1.00 32.74 266,849.67 06/21/24 06/21/24 Purchase - Principal 43815GAC3 1.00 4,683.39 271,533.06 06/25/24 06/25/24 Purchase - Interest 3137HBC69 1.00 1,608.12 273,141.18 06/25/24 06/25/24 Purchase - Interest 3137HB3G7 1.00 1,113.75 274,254.93 06/25/24 06/25/24 Purchase - Interest 3137HB3D4 1.00 760.35 275,015.28 06/25/24 06/25/24 Purchase - Interest 3137HAST4 1.00 1,515.63 276,530.91 06/25/24 06/25/24 Purchase - Interest 3137HAQ74 1.00 1,975.00 278,505.91 06/25/24 06/25/24 Purchase - Interest 3137HAMS2 1.00 2,000.00 280,505.91 06/25/24 06/25/24 Purchase - Interest 3137HAMH6 1.00 3,100.00 283,605.91 06/25/24 06/25/24 Purchase - Interest 3137HAD45 1.00 1,741.71 285,347.62 06/25/24 06/25/24 Purchase - Interest 3137HACX2 1.00 2,208.71 287,556.33 06/25/24 06/25/24 Purchase - Interest 3137F1G44 1.00 1,486.38 289,042.71 06/25/24 06/25/24 Purchase - Interest 3137BXQY1 1.00 1,477.67 290,520.38 06/25/24 06/25/24 Purchase - Interest 3137BTUM1 1.00 1,047.93 291,568.31 06/25/24 06/25/24 Purchase - Interest 3137BSP72 1.00 1,215.96 292,784.27 06/25/24 06/25/24 Purchase - Interest 3137BNGT5 1.00 629.06 293,413.33 06/25/24 06/25/24 Purchase - Interest 3137BGK24 1.00 623.33 294,036.66 06/25/24 06/25/24 Purchase - Interest 3136BQDE6 1.00 1,920.42 295,957.08

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For the Month Ending June 30, 2024Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool
06/25/24 06/25/24 Purchase - Interest 3137HBLV4 1.00 1,104.90 297,061.98 06/25/24 06/25/24 Purchase - Interest 912828U24 1.00 389.95 297,451.93 06/25/24 06/25/24 Purchase - Principal 912828U24 1.00 164,903.32 462,355.25 06/25/24 06/25/24 Purchase - Principal 3137BGK24 1.00 414.18 462,769.43 06/25/24 06/25/24 Purchase - Principal 3137BTUM1 1.00 716.58 463,486.01 06/25/24 06/25/24 Purchase - Principal 3137HAD45 1.00 232.87 463,718.88 06/25/24 06/25/24 Purchase - Principal 3137HBC69 1.00 483.66 464,202.54 06/25/24 06/25/24 Redemption - Principal 437076DC3 1.00 (124,193.75) 340,008.79 06/25/24 06/25/24 Redemption - Principal 437076DC3 1.00 (248,627.50) 91,381.29 06/26/24 06/26/24 IP Fees May 2024 1.00 (4,017.19) 87,364.10 06/26/24 06/26/24 U.S. Bank Fees April 2024 1.00 (235.83) 87,128.27 06/28/24 07/01/24 Accrual Income Div Reinvestment - Distributions 1.00 1,677.00 88,805.27

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For the Month Ending June 30, 2024Account Statement

CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS
Total Settlement Dollar AmountShare or Trade
Shares OwnedDate Transaction Description of TransactionUnit PriceDate 88,805.27
88,805.27
88,805.27
377,026.46
4,685.88

0.00 (12,148,257.50)
12,120,289.81
116,772.96
1,677.00
88,805.27

0.00 (3,509,439.91)
3,285,354.95
312,890.23
Monthly Distribution Yield
Average Monthly Balance
Closing Balance
Fiscal YTDMonth of
Cash Dividends and Income
Closing Balance
Check Disbursements
Redemptions (Excl. Checks)
Purchases
Opening Balance
Closing Balance
June January-June

5.43%

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Page 1 of 2 ends

REPORT TO SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE

AGENCY OF LAKE ELSINORE
To:Honorable Mayor and Members of the City Council
From:Jason Simpson, Executive Director
Prepared by:Shannon Buckley, Assistant Executive Director Date:July 23, 2024
Subject:On-call and Construction Contractor Services Agreement in Support of Successor Agency of the Redevelopment Agency of the Agency of Lake Elsinore Minor Construction, Maintenance, and Operations Recommendation
Approve and authorize the Executive Director to execute an agreement with United Carports, LLC for minor construction, maintenance, and operations in an amount not to exceed $150,000.00 in such final form as approved by the Agency Attorney.

Background
On-call contracts allow the Agency to mobilize maintenance and construction services quickly and easily under pre-negotiated terms and conditions. The Agency requires contractor services to resolve urgent matters surrounding changing standards predicated by major league baseball and other outside agencies. For an Agency who needs to engage a general or specific maintenance or construction service, the benefits of having an on-call contract in place include:
•Wide span of technical expertise
•Resource availability and flexibility
•Commitments as needed for services
•Accelerated procurement and authorization
•Independent and objective assessments and proposals
•Validation of resolution-oriented actions
The on-call and minor construction services in the Agency are an essential resource to maintain stadium amenities and efficiently maintain the facility to meet major league baseball standards.

Staff initiated a Request for Proposal (RFP) for annual on-call and minor construction contractor services for the City. Utilizing the submittal from this contractor, an additional agreement is needed for the Agency to sustain these important services. This contractor has provided essential SA United Carports, LLC

Page 2 of 2 ends

contractor services in accordance with the agreement scope of work, which includes but is not limited to the below maintenance/minor construction and repair trade areas commonly utilized by the Agency and listed below:

Minor Construction and Repair Carpentry (Framing)
Plumbing Electrical
Concrete Masonry
HVAC Painting
Roofing Dry Wall
Finish Wood Working Welding
Sheet Metal Flooring
Demolition & Disposal Data & Communication
Discussion
This on-call contractor will perform various on-call repairs and minor construction work. All assigned work will be proposed in writing, reviewed, negotiated by Staff, and approved before execution. This contractor has performed as both a contractor and sub-contractor on several large Agency projects at the Diamond Stadium.

An on-call agreement is needed to ensure the continued minor construction contractor support for immediate operational demands. Sustaining these essential general requirements provides the Agency with facility rehabilitation and immediate maintenance augmentation of construction and repair services.

Following the approval of this Agenda item and execution of the attached agreement, services will be immediately available to the Agency. The Staff has reviewed and verified that the contractor has a valid license. A review of the contractor’s references, general and auto liability insurance, and workers’ compensation insurance will be in place, naming the Agency as additional insured.

Fiscal Impact
Funds are budgeted in the Fiscal Year 2024/25 budget.

Attachments
Attachment 1 - On-Call & Minor Construction Agreement
Exhibit A - United Carports Proposal Wage Schedule

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AGREEMENT FOR CONTRACTOR SERVICES
UNITED CARPORTS LLC.

ON-CALL SERVICES

This Agreement for Contractor Services (On- Call) (the “Agreement”) is made and entered into as of July 23, 2024 by and between the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore , a public body, corporate and politic established pursuant to Section 34173 of the Health and Safety Code (the “Agency”) and United Carports LLC. , a corporation (the “Contractor”).

RECITALS

A. The Agency has determined that it requires the following services:

On-call Contractor Services

B. The Agency has prepared a request for a proposal, and the Contractor has submitted to the Agency a proposal dated July 9, 2024, both of which are attached hereto as Exhibit A (collectively, the "Contractor's Proposal") and incorporated herein, to provide services and related work to the Agency pursuant to the terms of this Agreement.

C. Contractor possesses the skill , experience, ability , background, certification, and knowledge to perform the services and related work described in this Agreement on the terms and conditions of the Agreement.

AGREEMENT

1. Scope of Services. The contractor shall perform the services and related work described in the Contractor's Proposal (Exhibit A). Contractor shall provide such services and related work at the time , place, and in the manner specified in Contractor's Proposal (Exhibit A) , subject to the direction of the Agency through its staff that it may provide from time to time. The contractor acknowledges that the Scope of Services provides for 24- hour-a-day, 7- day-a-week, on- call, and minor construction support on an as -needed basis.

2. Time of Performance.

a. Time of Essence . Time is of the essence in the performance of this Agreement. The time for completion of the services and related work to be performed by the Contractor is an essential condition of this Agreement. The contractor shall prosecute regularly and diligently the services and related work contemplated pursuant to this Agreement consistent with the Contractor's Proposal (Exhibit A) and shall provide, furnish, and pay all labor, materials , necessary tools, expendable equipment, and all taxes, utility and transportation services required to perform such the services and related work.

b. Performance Schedule. The contractor shall commence the services and related work pursuant to this Agreement upon receipt of a written notice to proceed and shall perform all services and related work within the time period(s) established in the Contractor's Proposal (Exhibit A) . When requested by the Contractor, extensions to the time period(s) specified may be approved in writing by the Executive Director .

Page 2 ends

c. Term and Compliance with Task/Work Order System. Unless earlier terminated as provided elsewhere in this Agreement, this Agreement shall continue in full force and effect for a period commencing on J uly 1, 2024 and ending June 30, 2025 . The Agency may, at its sole discretion, extend the term of this Agreement on a 12- month basis not to exceed 2 additional twelve (12) month renewal terms by giving written notice thereof to Contractor not less than thirty (30) days before the end of the contract term, such notice to be exercised by the Executive Director.

The contractor hereby agrees and acknowledges that any and all work or services performed pursuant to this Agreement shall be based upon the issuance of a Task/Work Order by the Agency. The contractor acknowledges that it is not guaranteed any minimum or specific amount of work or services as all work or services shall be authorized through a Task/Work Order issued by the Agency.

3. Compensation. Compensation to be paid to the Contractor shall be in accordance with the fees set forth in the Contractor's Proposal (Exhibit A) , which is attached hereto and incorporated herein by reference. In no event shall the Contractor's annual compensation exceed one hundred fifty thousand dollars and no cents ($150,000.00) without additional written authorization from the Agency. Notwithstanding any provision of Contractor's Proposal to the contrary, out of pocket expenses set forth in Exhibit A shall be reimbursed at cost without an inflator or administrative charge. Payment by Agency under this Agreement shall not be deemed a waiver of defects, even if such defects were known to the Agency at the time of payment.

4. Method of Payment. Contractor shall promptly submit billings to the Agency describing the services and related work performed during the preceding month to the extent that such services and related work were performed . Contractor's bills shall be segregated by project task, if applicable, such that the Agency receives a separate accounting for work done on each individual task for which Contractor provides services. Contractor's bills shall include a brief description of the services performed, the date the services were performed, the number of hours spent and by whom , and a description of any reimbursable expenditures. Agency shall pay Contractor no later than forty -five (45) days after receipt of the monthly invoice by City staff.

5. Background Checks . At any time during the term of this Agreement, the City reserves the right to make an independent investigation into the background of Contractor’s personnel who perform work required by this Agreement, including but not limited to their references, character, address history, past employment, education, social security number validation, and criminal or police records, for the purpose of confirming that such personnel are lawfully employed, qualified to provide the subject service or pose a risk to the safety of persons or property in and around the vicinity of where the services will be rendered or City Hall. If the Agency makes a reasonable determination that any of Contractor’s prospective or then current personnel is deemed objectionable, then the Agenc y may notify Contractor of the same. Contractor shall not use that personnel to perform work required by this Agreement, and if necessary, shall replace him or her with a suitable worker.

6. Suspension or Termination.

a. The Agency may at any time, for any reason, with or without cause, suspend or terminate this Agreement, or any portion hereof , by serving upon the Contractor at least ten (10) days prior written notice. Upon receipt of such notice, the Contractor shall immediately cease all work under this Agreement, unless the notice provides otherwise. If the Agency suspends or terminates a portion of this Agreement, such suspension or termination shall not make void or invalidate the remainder of this Agreement.

b. In the event this Agreement is terminated pursuant to this Section, the Agency shall pay to Contractor the actual value of the work performed up to the time of termination,

Page 3 ends

provided that the work performed is of value to the Agency. Upon termination of the Agreement pursuant to this Section, the Contractor will submit an invoice to the Agency, pursuant to Section entitled "Method of Payment" herein.

7. Plans, Reports, Documents

a. Ownership of Documents . All plans, studies, documents and other writings prepared by and for Contractor, its officers, employees and agents and subcontractors in the course of implementing this Agreement, except working notepad internal documents, shall become the property of the Agency upon payment to Contractor for such work , and the Agency shall have the sole right to use such materials in its discretion without further compensation to Contractor or to any other party. Contractor shall, at Contractor's expense, provide such reports, plans , studies, documents and other writings to Agency upon written request. Agency shall have sole determination of the public’s rights to documents under the Public Records Act, and any third -party requests of Contractor shall be immediately referred to Agency, without any other actions by Contractor.

b. Licensing of Intellectual Property. This Agreement creates a nonexclusive and perpetual license for Agency to copy, use, modify, reuse, or sublicense any and all copyrights , designs, and other intellectual property embodied in plans, specifications, studies, drawings, estimates, and other documents or works of authorship fixed in any tangible medium of expression, including but not limited to, physical drawings or data magnetically or otherwise recorded on computer diskettes, which are prepared or caused to be prepared by Contractor under this Agreement ("Documents & Data"). Contractor shall require that all subcontractors agree in writing that Agency is granted a nonexclusive and perpetual license for any Documents & Data the subcontractor prepares under this Agreement. Contractor represents and warrants that Contractor has the legal right to license any and al l Documents & Data. Contractor makes no such representation and warranty in regard to Documents & Data, which were prepared by design professionals other than Contractor or provided, to Contractor by the Agency. Agency shall not be limited in any way in its use of the Documents & Data at any time, provided that any such use not within the purposes intended by this Agreement shall be at Agency 's sole risk.

c. Confidentiality. All ideas, memoranda, specifications, plans, procedures, drawings, descriptions, computer program data, input record data, written information, and other Documents & Data either created by or provided to Contractor in connection with the performance of this Agreement shall be held confidential by Contractor. Contractor shall not, without the prior written consent of Agency, use such materials for any purposes other than the performance of the services under this Agreement. Nor shall such materials be disclosed to any person or entity not connected with the performance of the services under this Agreement. Nothing furnished to Contractor, which is otherwise known to Contractor or is generally known, or has become known, to the related industry shall be deemed confidential. Contractor shall not use Agency's name or insignia , photographs relating to project for which Contractor's services are rendered , or any publicity pertaining to the Contractor's services under this Agreement in any magazine, trade paper, newspaper, television or radio production or other similar medium without the prior written consent of Agency.

8. Contractor's Books and Records.

a. Contractor shall maintain any and all ledgers, books of account, invoices, vouchers, canceled checks, and other records or documents evidencing or relating to charges for services, or expenditures and disbursements charged to Agency for a minimum period of three (3) years, or for any longer period required by law , from the date of final payment to Contractor to this Agreement.

b. Contractor shall maintain all documents and records which demonstrate

Page 4 ends

performance under this Agreement for a minimum period of three (3) years, or for any longer period required by law, from the date of termination or completion of this Agreement.

c. Any rec ords or documents required to be maintained pursuant to this Agreement shall be made available for inspection or audit, at any time during regular business hours, upon written request by the Executive Director , Agency Attorney , City Auditor or a designated representative of these officers. Copies of such documents shall be provided to the Agency for inspection at City Hall when it is practical to do so. Otherwise, unless an alternative is mutually agreed upon, the records shall be available at Contractor's address indicated for receipt of notices in this Agreement.

d. Where Agency has reason to believe that such records or documents may be lost or discarded due to dissolution, disbandment or termination of Contractor's business, Agency may, by written request by any of the above- named officers, require that custody of the records be given to the Agency and that the records and documents be maintained in City Hall. Access to such records and documents shall be granted to any party authorized by Contractor, Contractor's representatives, or Contractor's successor-in-interest.

9. Independent Contractor.

a. Contractor is and shall at all times remain as to the Agency a wholly independent contractor pursuant to California Labor Code Section 3353. The personnel performing the services under this Agreement on behalf of Contractor shall at all times be under Contractor’s exclusive direction and control. Neither Agency nor any of its officers, employees, or agents shall have control over the conduct of Contractor or any of Contractor’s officers, employees, or agents, except as set forth in this Agreement. Contractor shall not at any time or in any manner represent that it or any of its officers, employees, or agents are in any manner officers, employees, or agents of the Agency. Contractor shall not incur or have the power to incur any debt, obligation, or liability whatsoever against Agency, or bind Agency in any manner.

b. Notwithstanding any other federal, state and local laws, codes, ordinances and regulations to the contrary, Contractor and any of its employees, agents, and subcontractors providing service under this Agreement shall not qualify for or become entitled to, and hereby agree to waive any claims to, any compensation, benefit, or any incident of employment by Agency, including but not limited to eligibility to enroll in PERS as an employee of Agency and entitlement to any contribution to be paid by Agency for employer contribution and/or employee contributions for PERS benefits.

10. PERS Eligibility Indemnification. In t he event that Contractor or any employee, agent, or subcontractor of Contractor providing services under this Agreement claims or is determined by a court of competent jurisdiction or the California Public Employees Retirement System (PERS) to be eligible for enrollment in PERS as an employee of the Agency, Contractor shall indemnify, defend, and hold harmless Agency for the payment of any employee and/or employer contributions for PERS benefits on behalf of Contractor or its employees, agents, or subcontractors, as well as for the payment of any penalties and interest on such contributions, which would otherwise be the responsibility of Agency.

11. Interests of Contractor. Contractor (including principals, associates and management employees) covenants and represents that it does not now have any investment or interest in real property and shall not acquire any interest, direct or indirect, in the area covered by this Agreement or any other source of income, interest in real property or investment which would be affected in any manner or degree by the performance of Contractor's services hereunder. Contractor further covenants and represents that in the performance of its duties hereunder no person having any such

Page 5 ends

interest shall perform any services under this Agreement.

Contractor is not a designated employee within the meaning of the Political Reform Act because Contractor:

a. will conduct research and arrive at conclusions with respect to his/her rendition of information, advice, recommendation or counsel independent of the control and direction of the Agency or of any Agency official, other than normal agreement monitoring; and

b. possesses no authority with respect to any Agency decision beyond rendition of information, advice, recommendation or counsel. (FPPC Reg. 18700(a) (2).)

12. Ability of Contractor . Agency has relied upon the training and ability of Contractor to perform the services hereunder as a material inducement to enter into this Agreement. Contractor shall therefore provide properly skilled personnel to perform all services under this Agreement. All work performed by Contractor under this Agreement shall be in accordance with applicable legal requirements and shall meet the standard of quality ordinarily to be expected of competent contractors in Contractor 's field of expertise.

13. Compliance with Laws .

a. Contractor shall comply with all local, state and federal laws and regulations applicable to the services required hereunder, including any rule, regulation or bylaw governing the conduct or performance of Contractor and/or its employees, officers, or board members.

b. Contractor represents that it has obtained and will maintain at all times during the term of this Agreement all professional and/or business licenses, certifications and/or permits necessary for performing the services described in this Agreement, including a City business license.

14. Licenses. Contractor represents and warrants to Agency that it has the licenses, permits, qualifications, insurance and approvals of whatsoever nature, which are legally required of Contractor to practice its profession. Contractor represents and warrants to Agency that Contractor shall, at its sole cost and expense, keep in effect or obtain at all times during the term of this Agreement, any licenses, permits, insurance and approvals which are legally required of Contractor to practice its profession. Contractor shall maintain a City of Lake Elsinore business license.

Page 6 ends

15. Indemnity. Contractor shall indemnify, defend, and hold harmless the Agency and its officials, officers, employees, agents, and volunteers from and against any and all losses, liability, claims, suits, actions, damages, and causes of action arising out of any personal injury, bodily injury, loss of life, or damage to property, or any violation of any federal, state, or municipal law or ordinance, to the extent caused, in whole or in part, by the willful misconduct or negligent acts or omissions of Contractor or its employees, subcontractors, or agents, by acts for which they could be held strictly liable, or by the quality or character of their work . The foregoing obligation of Contractor shall not apply when (1) the injury, loss of life, damage to property, or violation of law arises from the sole negligence or willful misconduct of the Agency or its officers, employees, agents, or volunteers and (2) the actions of Contractor or its employees, subcontractor, or agents have contributed in no part to the injury, loss of life, damage to p roperty, or violation of law. It is understood that the duty of Contractor to indemnify and hold harmless includes the duty to defend as set forth in Section 2778 of the California Civil Code. Acceptance by Agency of insurance certificates and endorsements required under this Agreement does not relieve Contractor from liability under this indemnification and hold harmless clause. This indemnification and hold harmless clause shall apply to any damages or claims for damages whether or not such insurance policies shall have been determined to apply .

By execution of this Agreement , Contractor acknowledges and agrees to the provisions of this Section and that it is a material element of consideration.

16. Insurance Requirements .

a. Insurance. Contractor, at Contractor's own cost and expense, shall procure and maintain, for the duration of the contract, unless modified by the City's Risk Manager, the following insurance policies.

i. Workers' Compensation Coverage. Contractor shall maintain Workers' Compensation Insurance and Employer's Liability Insurance for his/her employees in accordance with the laws of the State of California. In addition, Contractor shall require each subcontractor to similarly maintain Workers' Compensation Insurance and Employer's Liability Insurance in accordance with the laws of the State of California for all of the subcontractor's employees. Any notice of cancellation or non-renewal of all Workers' Compensation policies must be received by the Agency at least thirty (30) days prior to such change. The insurer shall agree to waive all rights of subrogation against Agency, its officers, agents, employees and volunteers for losses arising from work performed by Contractor for Agency . In the event that Contractor is exempt from Worker's Compensation Insurance and Employer's Liability Insurance for his/her employees in accordance with the laws of the State of California, Contractor shall submit to the Agency a Certificate of Exemption from Workers Compensation Insurance in a form approved by the Agency Attorney .

ii. General Liability Coverage. Contractor shall maintain comm ercial general liability insurance in an amount not less than one million dollars ($1,000 ,000) per occurrence for bodily injury , personal injury and property damage . If a commercial general liability insurance form or other form with a general aggregate li mit is used, either the general aggregate limit shall apply separately to the work to be performed under this Agreement or the general aggregate limit shall be at least twice the required occurrence limit. Required commercial general liability coverage shall be at least as broad as Insurance Services Office Commercial General Liability occurrence form CG 0001 (ed. 11/88) or Insurance Services Office form number GL 0002 (ed. 1/73) covering comprehensive General Liability and Insurance Services Office form number GL 0404 covering Broad Form Comprehensive General Liability. No endorsement may be attached limiting the coverage.

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iii. Automobile Liability Coverage. Contractor shall maintain automobile liability insurance covering bodily injury and property damage for all activities of the Contractor arising out of or in connection with the work to be performed under this Agreement, including coverage for owned, hired and non-owned vehicles, in an amount of not less than one million dollars ($1,000,000) combined single limit for each occurrence. Automobile liability coverage must be at least as broad as Insurance Services Office Automobile Liability form CA 0001 (ed. 12/90) Code 1 ("any auto"). No endorsement may be attached limiting the coverage.

b. Endorsements. Each general liability and automobile liability insurance policy shall be with insurers possessing a Best's rating of no less than A:VII and shall be endorsed with the following specific language :

i. Notwithstanding any inconsistent statement in any required insurance policies or any subsequent endorsements attached thereto, the protection offered by all policies, except for Workers’ Compensation, shall bear an endorsement whereby it is provided that, the Agency and its officers, employees, servants, volunteers and agents and independent contractors, including without limitation, the Executive Director and Agency Attorney, are named as additional insureds. Additional insureds shall be entitled to the full benefit of all insurance policies in the same manner and to the same extent as any other insureds and there shall be no limitation to the benefits conferred upon them other than policy limits to coverages.

ii. This policy shall be considered primary insurance as respects the Agency, its elected or appointed officers, officials, employees, agents and volunteers . Any insurance maintained by the Agency, including any self -insured retention the Agency may have, shall be considered excess insurance only and shal l not contribute with it.

iii. This insurance shall act for each insured and additional insured as though a separate policy had been written for each, except with respect to the limits of liability of the insuring company.

iv. The insurer waives all rights of subrogation against the Agency, its elected or appointed officers , officials, employees or agents.

v. Any failure to comply with reporting provisions of the policies shall not affect coverage provided to the Agency, its elected or appointed officers, officials, employees, agents or volunteers.

vi. The insurance provided by this Policy shall not be suspended, voided, canceled, or reduced in coverage or in limits except after thirty (30) days written notice has been received by the Agency.

c. Deductibles and Self -Insured Retentions . Any deductibles or self -insured retentions must be declared to and approved by the Agency. At the Agency's option, Contractor shall demonstrate financial capability for payment of such deductibles or self -insured retentions.

d. Certificates of Insurance. Contractor shall provide certificates of insurance with original endorsements to Agency as evidence of the insurance coverage required herein.

Certificates of such insurance shall be filed with the Agency on or before commencement of performance of this Agreement. Current certification of insurance shall be kept on file with the Agency at all times during the term of this Agreement.

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17. Notices. Any notice required to be given under this Agreement shall be in writing and either served personally or sent prepaid, first class mail. Any such notice shall be addressed to the other party at the address set forth below. Notice shall be deemed communicated within 48 hours from the time of mailing if mailed as provided in this section.

If to Agency: Successor Agency of the Redevelopment Agency of the City of Lake Elsinore
Attn: Executive Director
130 South Main Street
Lake Elsinore, CA 92530
With a copy to: City of Lake Elsinore
Attn: City Clerk
130 South Main Street
Lake Elsinore, CA 92530

If to Contractor: United Carports LLC.

Attn: Garett Spakes
7280 Sycamore Canyon Blvd
Riverside CA 92508

18. Assignment and Subcontracting. The parties recognize that a substantial inducement to Agency for entering into this Agreement is the reputation, experience and competence of Contractor. Contractor shall be fully responsible to Agency for all acts or omissions of any subcontractors. Assignments of any or all rights, duties or obligations of the Contractor under this Agreement will be permitted only with the express consent of the Agency. Contractor shall not subcontract any portion of the work to be performed under this Agreement without the written authorization of the Agency. If Agency consents to such subcontract, Contractor shall be fully responsible to Agency for all acts or omissio ns of those subcontractors. Nothing in this Agreement shall create any contractual relationship between Agency and any subcontractor nor shall it create any obligation on the part of the Agency to pay or to see to the payment of any monies due to any such subcontractor other than as otherwise is required by law.

19. Waiver. Waiver of a breach or default under this Agreement shall not constitute a continuing waiver of a subsequent breach of the same or any other provision under this Agreement.

20. Litigation Expenses and Attorneys' Fees . If either party to this Agreement commences any legal action against the other party arising out of this Agreement, the prevailing party shall be entitled to recover its reasonable litigation expenses, including court costs, expert witness fees, discovery expenses, and attorneys' fees.

21. Mediation. The parties agree to make a good faith attempt to resolve any disputes arising out of this Agreement through mediation prior to commencing litigation. The parties shall mutually agree upon the mediator and share the costs of mediation equally. If the parties are unable to agree upon a mediator, the dispute shall be submitted to JAMS or its successor in interest. JAMS shall provide the parties with the names of five qualified mediators. Each party shall have the option to strike two of the five mediators selected by JAMS and thereafter the mediator remaining shall hear the dispute. If the dispute remains unresolved after mediation, either party may commence litigation.

22. Prohibited Interests. Contractor maintains and warrants that it has not employed nor retained any company or person, other than a bona fide employee working solely for Contractor, to solicit or secure this Agreement. Further, Contractor warran ts that it has not paid nor has it agreed

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to pay any company or person, other than a bona fide employee working solely for Contractor, any fee, commission, percentage, brokerage fee, gift or other consideration contingent upon or resulting from the award or making of this Agreement. For breach or violation of this warranty, Agency shall have the right to rescind this Agreement without liability. For the term of this Agreement, no member, officer or employee of Agency, during the term of his or her service with Agency , shall have any direct interest in this Agreement, or obtain any present or anticipated material benefit arising therefrom.

23. Equal Opportunity Employment. Contractor represents that it is an equal opportunity employer and it shall not discriminate against any subcontractor, employee or applicant for employment because of race, religion, color, national origin, handicap, ancestry, sex or age. Such non-discrimination shall include, but not be limited to, all activities related to initial employment, upgrading, demotion, transfer, recruitment or recruitment advertising, layoff or termination.

24. Prevailing Wages. Contractor is aware of the requirements of California Labor Code Section 1720, et seq., and 1770, et seq., as well as California Code of Regulations, Title 8, Section 16000, et seq., ("Prevailing Wage Laws"), which require the payment of prevailing wage rates and the performance of other requirements on "public works" and "maintenance" projects . Contractor agrees to fully comply with all applicable federal and state labor laws (including , without limitation, if applicable, the Prevailing Wage Laws). It is agreed by the parties that, in connection with the work or services provided pursuant to this Agreement, Contractor shall bear all risks of payment or non - payment of prevailing wages under California law, and Contractor hereby agrees to defend, indemnify, and hold the Agency , and its officials, officers, employees, agents, and volunteers, free and harmless from any claim or liability arising out of any failure or alleged failure to comply with the Prevailing Wage Laws. The foregoing indemnity shall survive termination of this Agreement.

25. Severability. If any term or portion of this Agreement is held to be invalid, illegal, or otherwise unenforceable by a court of competent jurisd iction, the remaining provisions of this Agreement shall continue in full force and effect.

26. Controlling Law Venue. This Agreement and all matters relating to it shall be governed by the laws of the State of California and any action brought relating to this Agreement shall be held exclusively in a state court in the County of Riverside.

27. Authority to Enter Agreement. Contractor has all requisite power and authority to conduct its business and to execute, deliver, and perform the Agreement. Each party warrants that the individuals who have signed this Agreement have the legal power, right, and authority to make this Agreement and to bind each respective party. The Executive Director is authorized to enter into an amendment or otherwise take action on behalf of the Agency to make the following modifications to the Agreement: (a) a name change; (b) grant extensions of time; (c) non-monetary changes in the scope of services; and/or (d) suspend or terminate the Agreement.

28. Counterparts. This Agreement may be executed in several counterparts , each of which shall constitute one and the same instrument and shall become binding upon the parties when at least one copy hereof shall have been signed by both parties hereto. In approving this Agreement, it shall not be necessary to produce or account for more than one such counterpart.

29. Entire Agreement; Incorporation; Conflict . This Agreement contains the entire understanding between the parties relating to the obligations described herein. Al l prior or contemporaneous understandings, agreements, representations and statements, oral or written, are superseded in total by this Agreement and shall be of no further force or effect. Contractor’s Proposal is incorporated only for the description of the scope of services and/or the schedule of performance and no other terms and conditions from such proposal shall apply to this Agreement unless specifically

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agreed to in writing. In the event of conflict, this Agreement shall take precedence over those contained in the Contractor’s Proposal.

30. Amendments. This Agreement may be modified or amended only by a written document executed by both Contractor and Agency and approved as to form by the Agency Attorney.

IN WITNESS WHEREOF, the parties have caused this Agreement to be executed on the date first written above.

“AGENCY”

SUCCESSOR AGENCY OF THE

REDEVELOPMENT AGENCY OF THE CITY OF
LAKE ELSINORE, a public body, corporate and
politic

Executive Director

ATTEST:

Agency Clerk

APPROVED AS TO FORM:

Agency Attorney

Risk Manager

“CONTRACTOR”
United Carports LLC.

By: Garret Spates
Its: Vice President

Attachments: Attachment 1 – On-Call & Minor Construction Agreement Exhibit A – Contractor’s Proposal

EXHIBIT A

CONTRACTOR'S PROPOSAL
[ATTACHED]

Lake Elsinore City CouncilJuly 23, 2024

Lake Elsinore City Council
July 23, 2024