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

For the Month Ending September 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
578,717.35 3.54 300,965.61 22,246,687.10 22,925,000.00 Security Type Sub-Total 2.83 Municipal Bond / Note
(5,462.60)(5,462.60) 319,537.40 98.32 WellsFar 325,000.00 650036DT0NY ST URBAN DEV-F-1 DTD 12/23/2020 0.870% 03/15/2025

4.63 0.45
(1,784.74)(1,784.74) 83,215.26 97.90 04/15/25JPMorgan 85,000.00 91412HGE7UNIV OF CALIFORNIA-BG (CALLABLE) DTD 07/16/2020 0.883% 05/15/2025

4.31 0.62
(1,624.06)(2,011.68) 63,447.87 97.61 BOFAML 65,000.00 341271AD6FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025

4.42 0.73
(2,117.92)(2,593.26) 82,970.29 97.61 BOFAML 85,000.00 341271AD6FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025

4.42 0.73
(3,820.64)(3,820.64) 156,179.36 97.61 BOFAML 160,000.00 341271AD6FLORIDA ST BRD OF ADM DTD 09/16/2020 1.258% 07/01/2025

4.42 0.73
(2,823.00)(2,823.00) 97,177.00 97.18 XCHANGE 100,000.00 60412AK85MINNESOTA ST-F-UNREF DTD 08/25/2020 0.630% 08/01/2025

4.08 0.83
(3,787.94)(3,787.94) 126,212.06 97.09 KEYB 130,000.00 798306WP7SAN JUAN CA UNIF SCH DTD 10/29/2020 0.852% 08/01/2025

4.42 0.83
(3,019.54)(3,019.54) 81,980.46 96.45 JPMorgan 85,000.00 13077DQD7CALIFORNIA ST UNIV-B DTD 07/29/2021 0.862% 11/01/2025

4.15 1.06
4,360.40 4,360.40 204,360.40 102.18 WellsFar 200,000.00 13063D3N6CA ST DTD 03/15/2023 4.846% 03/01/2027

3.81 2.25
(20,943.00) 4.32 (20,080.04) 1,215,080.10 1,235,000.00 Security Type Sub-Total 0.95 Federal Agency Commercial Mortgage-Backed Security
(1,818.00)(12,322.61) 221,761.55 99.43 Citigrou 223,036.87 3137BGK24FHMS K043 A2 DTD 03/01/2015 3.062% 12/01/2024

5.11 0.19
259.31 6,254.12 269,867.40 98.13 RobertBa 275,000.00 3137BNGT5FHMS K054 A2 DTD 04/01/2016 2.745% 01/01/2026

4.15 1.15
(777.09) 9,323.26 536,163.10 97.48 BREAN 550,000.00 3137BSP72FHMS K058 A2 DTD 11/01/2016 2.653% 08/01/2026

3.90 1.78
1,389.93 5,821.52 367,133.42 98.48 Citigrou 372,786.73 3137BTUM1FHMS K061 A2 DTD 01/01/2017 3.347% 11/01/2026

3.94 1.93
12,289.35 21,982.26 540,786.95 98.32 MorganSt 550,000.00 3137BXQY1FHMS K064 A2 DTD 05/01/2017 3.224% 03/01/2027

3.83 2.20

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For the Month Ending September 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
5,149.95 12,871.55 539,904.75 98.16 Citigrou 550,000.00 3137F1G44FHMS K065 A2 DTD 07/01/2017 3.243% 04/01/2027

3.86 2.34
8,869.48 8,871.32 403,482.00 102.25 JPMorgan 394,613.84 3137HBC69FHMS KJ48 A1 DTD 12/01/2023 4.858% 05/01/2028

3.96 2.96
6,855.28 6,857.89 443,295.60 101.57 JPMorgan 436,448.59 3137HAD45FHMS KJ46 A1 DTD 07/01/2023 4.777% 06/01/2028

3.98 2.50
10,011.24 8,677.35 564,170.75 102.58 JPMorgan 550,000.00 3137HACX2FHMS K505 A2 DTD 07/01/2023 4.819% 06/01/2028

3.91 3.28
8,736.95 10,822.86 527,469.64 100.36 JPMorgan 525,556.61 3136BQDE6FNA 2023-M6 A2 DTD 07/01/2023 4.190% 07/01/2028

3.95 3.42
21,607.06 23,535.50 512,567.50 102.51 BMO 500,000.00 3137HAQ74FHMS K508 A2 DTD 10/01/2023 4.740% 08/01/2028

3.89 3.44
26,184.47 28,444.80 816,610.40 102.08 WellsFar 800,000.00 3137HAMH6FHMS K506 A2 DTD 09/01/2023 4.650% 08/01/2028

3.92 3.42
20,702.70 22,541.25 385,585.13 102.82 MorganSt 375,000.00 3137HAST4FHMS K509 A2 DTD 10/01/2023 4.850% 09/01/2028

3.93 3.52
17,827.62 18,839.50 512,863.00 102.57 BOFAML 500,000.00 3137HAMS2FHMS K507 A2 DTD 09/01/2023 4.800% 09/01/2028

3.94 3.48
6,920.20 7,001.82 186,481.44 103.60 JPMorgan 180,000.00 3137HB3D4FHMS K510 A2 DTD 11/01/2023 5.069% 10/01/2028

3.94 3.54
8,584.25 8,703.20 282,913.13 102.88 BOFAML 275,000.00 3137HB3G7FHMS K511 A2 DTD 12/01/2023 4.860% 10/01/2028

3.94 3.58
2,901.01 2,552.87 295,452.58 101.88 JPMorgan 290,000.00 3137HBLV4FHMS K514 A2 DTD 02/01/2024 4.572% 12/01/2028

3.94 3.67
9,182.36 9,132.64 451,834.68 102.69 PIER 440,000.00 3137HDV56FHMS K524 A2 DTD 07/01/2024 4.720% 05/01/2029

3.96 4.08
16,251.95 16,253.60 566,251.95 102.95 MorganSt 550,000.00 3137HDJJ0FHMS K522 A2 DTD 06/01/2024 4.803% 05/01/2029

3.96 3.98
5,320.54 5,213.83 504,844.06 101.99 BMO 495,000.00 3137HDXL9FHMS K526 A2 DTD 08/01/2024 4.543% 07/01/2029

3.95 4.23
221,378.53 3.96 186,448.56 8,929,439.03 8,832,442.64 Security Type Sub-Total 3.04 Federal Agency Bond / Note

Page 18 ends

For the Month Ending September 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
(11,863.78)(10,088.65) 412,794.85 97.13 WellsFar 425,000.00 3137EAEU9FREDDIE MAC DTD 07/23/2020 0.375% 07/21/2025

4.45 0.79
(11,040.28)(9,697.45) 338,664.55 96.76 Barclays 350,000.00 3135G05X7FANNIE MAE DTD 08/27/2020 0.375% 08/25/2025

3.95 0.88
(4,855.02)(4,488.60) 145,061.40 96.71 WellsFar 150,000.00 3130AK5E2FEDERAL HOME LOAN BANK DTD 09/11/2020 0.375% 09/04/2025

3.94 0.91
(23,799.11)(22,104.60) 675,788.40 96.54 Citigrou 700,000.00 3137EAEX3FREDDIE MAC DTD 09/25/2020 0.375% 09/23/2025

3.94 0.96
(23,996.18)(22,182.55) 625,490.45 96.23 Barclays 650,000.00 3135G06G3FANNIE MAE DTD 11/12/2020 0.500% 11/07/2025

3.86 1.08
(68,561.85) 4.01 (75,554.37) 2,197,799.65 2,275,000.00 Security Type Sub-Total 0.94 Corporate Note
(2,505.24)(9,757.47) 173,136.78 98.94 BOFAML 175,000.00 69371RQ66PACCAR FINANCIAL CORP DTD 02/06/2020 1.800% 02/06/2025

4.82 0.35
(819.75)(750.40) 79,168.80 98.96 02/01/25Barclays 80,000.00 025816CQ0AMERICAN EXPRESS CO (CALLABLE) DTD 03/04/2022 2.250% 03/04/2025

4.73 0.42
(4,398.48)(4,398.48) 405,601.52 98.93 02/10/25Deutsche 410,000.00 771196BT8ROCHE HOLDINGS INC (CALLABLE) DTD 03/10/2022 2.132% 03/10/2025

4.50 0.44
(260.58)(224.57) 24,731.68 98.93 03/15/25MorganSt 25,000.00 437076CM2HOME DEPOT INC (CALLABLE) DTD 03/28/2022 2.700% 04/15/2025

4.62 0.52
(479.31)(467.80) 64,517.90 99.26 04/01/25KEYB 65,000.00 17252MAP5CINTAS CORPORATION NO. 2 (CALLABLE) DTD 05/03/2022 3.450% 05/01/2025

4.71 0.55
(1,467.70)(878.40) 223,385.85 99.28 BOFAML 225,000.00 90327QD89USAA CAPITAL CORP DTD 05/26/2022 3.375% 05/01/2025

4.53 0.57
(4,147.70)(28,575.90) 223,671.60 99.41 03/15/25JPMorgan 225,000.00 369550BG2GENERAL DYNAMICS CORP (CALLABLE) DTD 05/11/2018 3.500% 05/15/2025

4.38 0.56
(11,083.19)(10,881.77) 463,885.48 97.66 05/03/25GoldmanS 475,000.00 023135BQ8AMAZON.COM INC (CALLABLE) DTD 06/03/2020 0.800% 06/03/2025

4.33 0.66
(1,782.00)(1,782.00) 248,218.00 99.29 Citigrou 250,000.00 63254ABD9NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.500% 06/09/2025

4.44 0.68
(360.64)(350.20) 49,636.30 99.27 RBC Capi 50,000.00 63743HFE7NATIONAL RURAL UTIL COOP DTD 05/04/2022 3.450% 06/15/2025

4.41 0.70

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For the Month Ending September 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
(987.75)(987.75) 224,012.25 99.56 JPMorgan 225,000.00 459200KS9IBM CORP DTD 07/27/2022 4.000% 07/27/2025

4.46 0.79
(6,156.13)(32,698.13) 224,220.37 99.65 BOFAML 225,000.00 06051GFS3BANK OF AMERICA CORP DTD 07/30/2015 3.875% 08/01/2025

4.27 0.81
(5,435.48)(33,364.80) 224,480.70 99.77 06/15/25US_BANC 225,000.00 002824BM1ABBOTT LABORATORIES (CALLABLE) DTD 03/22/2017 3.875% 09/15/2025

4.03 0.77
(1,583.10)(1,583.10) 223,416.90 99.30 12/06/24BOFAML 225,000.00 06051GKE8BANK OF AMERICA CORP (CALLABLE) DTD 12/06/2021 1.530% 12/06/2025

5.49 0.19
(1,730.57)(1,730.57) 173,269.43 99.01 02/24/25JPMorgan 175,000.00 46647PCV6JPMORGAN CHASE & CO (CALLABLE) DTD 02/24/2022 2.595% 02/24/2026

5.59 0.39
(9,759.20)(9,495.00) 215,113.50 95.61 04/15/26Citigrou 225,000.00 91324PEC2UNITEDHEALTH GROUP INC (CALLABLE) DTD 05/19/2021 1.150% 05/15/2026

3.89 1.58
(9,016.34)(8,983.45) 165,964.05 94.84 07/12/26SUMITR 175,000.00 05565EBW4BMW US CAPITAL LLC (CALLABLE) DTD 08/12/2021 1.250% 08/12/2026

4.07 1.80
(10,242.33)(9,623.25) 214,240.50 95.22 JPMorgan 225,000.00 14913R2U0CATERPILLAR FINL SERVICE DTD 01/10/2022 1.700% 01/08/2027

3.84 2.18
(1,551.99)(1,515.28) 38,416.72 96.04 12/15/26Citigrou 40,000.00 87612EBM7TARGET CORP (CALLABLE) DTD 01/24/2022 1.950% 01/15/2027

3.69 2.19
(19,796.10)(19,231.32) 454,714.18 95.73 12/24/26Deutsche 475,000.00 06406RBA4BANK OF NY MELLON CORP (CALLABLE) DTD 01/26/2022 2.050% 01/26/2027

3.91 2.21
9,896.81 21,007.50 742,950.00 99.06 11/06/26GoldmanS 750,000.00 594918BY9MICROSOFT CORP (CALLABLE) DTD 02/06/2017 3.300% 02/06/2027

3.64 2.13
2,939.65 12,343.80 289,546.80 96.52 02/01/27RBS 300,000.00 025816CS6AMERICAN EXPRESS CO (CALLABLE) DTD 03/04/2022 2.550% 03/04/2027

4.00 2.29
(10,992.69)(6,462.85) 459,626.15 96.76 02/15/27SEEL 475,000.00 084664CZ2BERKSHIRE HATHAWAY FIN (CALLABLE) DTD 03/15/2022 2.300% 03/15/2027

3.60 2.33
3,064.53 8,966.10 293,891.10 97.96 01/01/27Barclays 300,000.00 808513BW4CHARLES SCHWAB CORP (CALLABLE) DTD 09/24/2021 3.300% 04/01/2027

4.15 2.25
6,424.76 10,951.50 499,276.50 99.86 CAS 500,000.00 63254ABE7NATIONAL AUSTRALIA BK/NY DTD 06/09/2022 3.905% 06/09/2027

3.88 2.50
3,956.17 16,319.17 757,381.92 97.73 06/12/27TD Secur 775,000.00 037833DB3APPLE INC (CALLABLE) DTD 09/12/2017 2.900% 09/12/2027

3.63 2.70
5,921.12 5,493.38 381,775.88 101.81 WellsFar 375,000.00 89236TKQ7TOYOTA MOTOR CREDIT CORP DTD 01/12/2023 4.625% 01/12/2028

3.95 3.00

Page 20 ends

For the Month Ending September 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
6,246.44 12,996.90 342,185.90 97.77 11/07/27MorganSt 350,000.00 637432NP6NATIONAL RURAL UTIL COOP (CALLABLE) DTD 02/07/2018 3.400% 02/07/2028

4.15 3.04
329.05 (271.66) 86,771.74 102.08 01/15/28JPMorgan 85,000.00 882508BV5TEXAS INSTRUMENTS INC (CALLABLE) DTD 11/18/2022 4.600% 02/15/2028

3.86 3.05
10,042.36 15,297.75 373,561.50 99.62 11/20/27MAXE 375,000.00 110122DE5BRISTOL-MYERS SQUIBB CO (CALLABLE) DTD 07/15/2020 3.900% 02/20/2028

3.94 3.02
1,021.40 1,050.72 60,942.72 101.57 04/15/28Barclays 60,000.00 539830BZ1LOCKHEED MARTIN CORP (CALLABLE) DTD 05/25/2023 4.450% 05/15/2028

3.97 3.22
10,060.60 9,378.38 387,243.38 103.26 Citigrou 375,000.00 24422EXB0JOHN DEERE CAPITAL CORP DTD 07/14/2023 4.950% 07/14/2028

3.95 3.40
46,511.84 47,169.00 793,449.00 105.79 08/29/28Barclays 750,000.00 17325FBB3CITIBANK NA (CALLABLE) DTD 09/29/2023 5.803% 09/29/2028

4.14 3.51
8,444.61 8,497.62 348,045.42 102.37 01/08/29Barclays 340,000.00 009158BH8AIR PRODUCTS & CHEMICALS (CALLABLE) DTD 02/08/2024 4.600% 02/08/2029

3.92 3.86
14,325.66 14,342.58 434,195.58 103.38 01/26/29Citigrou 420,000.00 17275RBR2CISCO SYSTEMS INC (CALLABLE) DTD 02/26/2024 4.850% 02/26/2029

3.92 3.89
1,480.67 1,489.75 51,399.25 102.80 02/14/29Citigrou 50,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029

3.93 3.94
19,966.24 19,933.88 745,289.13 102.80 02/14/29BOFAML 725,000.00 09290DAA9BLACKROCK FUNDING INC (CALLABLE) DTD 03/14/2024 4.700% 03/14/2029

3.93 3.94
5,704.76 5,724.75 175,500.35 103.24 03/04/29SEEL 170,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029

3.94 3.90
6,911.29 6,938.23 211,632.78 103.24 03/04/29BOFAML 205,000.00 00724PAF6ADOBE INC (CALLABLE) DTD 04/04/2024 4.800% 04/04/2029

3.94 3.90
4,525.15 4,563.63 128,757.38 103.01 05/25/29MorganSt 125,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029

3.96 4.12
8,821.19 8,887.25 257,514.75 103.01 05/25/29PNCBank 250,000.00 437076DC3HOME DEPOT INC (CALLABLE) DTD 06/25/2024 4.750% 06/25/2029

3.96 4.12
1,956.62 1,963.20 401,483.20 100.37 Deutsche 400,000.00 02665WFQ9AMERICAN HONDA FINANCE DTD 09/05/2024 4.400% 09/05/2029

4.23 4.37
49,300.94 4.07 73,994.65 12,336,222.94 12,350,000.00 Security Type Sub-Total 2.44 Certificate of Deposit

Page 21 ends

For the Month Ending September 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
Certificate of Deposit
7,599.60 7,599.60 457,599.60 101.69 TD Secur 450,000.00 89115B6K1TORONTO DOMINION BANK NY DTD 10/31/2022 5.600% 10/27/2025

3.93 1.01
7,315.65 7,315.65 457,315.65 101.63 WellsFar 450,000.00 65558UYF3NORDEA BANK ABP NEW YORK DTD 11/03/2022 5.530% 11/03/2025

3.98 1.04
14,915.25 3.95 14,915.25 914,915.25 900,000.00 Security Type Sub-Total 1.02 Bank Note
10,008.08 9,976.05 535,501.05 102.00 07/14/27Citigrou 525,000.00 61690U8E3MORGAN STANLEY BANK NA (CALLABLE) DTD 07/19/2024 4.968% 07/14/2028

4.53 2.57
9,976.05 4.53 10,008.08 535,501.05 525,000.00 Security Type Sub-Total 2.57 Asset-Backed Security
(81.96)(81.67) 21,901.46 99.63 SUMITR 21,983.51 65480BAC1NAROT 2021-A A3 DTD 06/23/2021 0.330% 10/15/2025

5.44 0.08
(71.29)(69.72) 19,412.82 99.63 Citigrou 19,484.64 89190GAC1TAOT 2021-B A3 DTD 06/14/2021 0.260% 11/17/2025

5.20 0.09
(352.30)(348.37) 26,802.71 98.70 BOFAML 27,156.80 43815GAC3HAROT 2021-4 A3 DTD 11/24/2021 0.880% 01/21/2026

5.00 0.32
(25.86)(24.78) 6,983.35 99.63 BOFAML 7,009.64 14314QAC8CARMX 2021-2 A3 DTD 04/21/2021 0.520% 02/17/2026

5.26 0.08
(171.96)(169.28) 18,639.75 99.08 SMBC 18,813.23 44935FAD6HART 2021-C A3 DTD 11/17/2021 0.740% 05/15/2026

4.78 0.23
(409.81)(409.38) 27,304.11 98.52 JPMorgan 27,714.20 362554AC1GMCAR 2021-4 A3 DTD 10/21/2021 0.680% 09/16/2026

4.68 0.37
(726.86)(725.11) 158,448.76 99.54 RBC Capi 159,177.63 14318MAD1CARMX 2022-3 A3 DTD 07/20/2022 3.970% 04/15/2027

4.65 0.67
(92.37)(80.88) 128,052.72 99.92 WellsFar 128,160.12 65480JAC4NAROT 2022-B A3 DTD 09/28/2022 4.460% 05/17/2027

4.57 0.73
379.11 396.22 257,152.71 100.14 RBC Capi 256,798.58 36265QAD8GMCAR 2022-4 A3 DTD 10/12/2022 4.820% 08/16/2027

4.62 0.69
589.80 589.84 245,589.72 100.24 BOFAML 245,000.00 891940AC2TAOT 2023-A A3 DTD 01/30/2023 4.630% 09/15/2027

4.37 0.93

Page 22 ends

For the Month Ending September 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
1,538.44 1,553.28 246,514.84 100.62 RBC Capi 245,000.00 14041NGB1COMET 2022-A3 A DTD 11/03/2022 4.950% 10/15/2027

4.26 0.99
757.03 762.74 170,745.62 100.44 JPMorgan 170,000.00 41285JAD0HDMOT 2023-A A3 DTD 02/23/2023 5.050% 12/15/2027

4.53 0.86
334.78 338.95 130,325.39 100.25 BNPPSA 130,000.00 344928AD8FORDO 2023-A A3 DTD 03/31/2023 4.650% 02/15/2028

4.33 1.02
4,651.61 4,667.90 324,601.92 101.44 BOFAML 320,000.00 43815QAC1HAROT 2023-3 A3 DTD 08/22/2023 5.410% 02/18/2028

4.28 1.28
573.66 579.20 320,560.64 100.18 RBC Capi 320,000.00 254683CY9DCENT 2023-A1 A DTD 04/11/2023 4.310% 03/15/2028

4.14 1.38
1,764.24 1,774.36 171,735.87 101.02 BOFAML 170,000.00 05522RDG0BACCT 2023-A1 A1 DTD 06/16/2023 4.790% 05/15/2028

4.10 1.53
2,275.50 2,279.94 192,263.09 101.19 RBC Capi 190,000.00 02582JJZ4AMXCA 2023-1 A DTD 06/14/2023 4.870% 05/15/2028

4.06 1.53
2,010.45 2,041.00 491,928.64 100.39 RBC Capi 490,000.00 14041NGD7COMET 2023-A1 A DTD 05/24/2023 4.420% 05/15/2028

4.12 1.53
4,400.50 4,412.48 354,365.20 101.25 BOFAML 350,000.00 254683CZ6DCENT 2023-A2 A DTD 06/28/2023 4.930% 06/15/2028

4.12 1.60
1,985.18 1,987.91 86,972.94 102.32 JPMorgan 85,000.00 438123AC5HAROT 2023-4 A3 DTD 11/08/2023 5.670% 06/21/2028

4.15 1.53
4,978.48 4,983.30 354,961.60 101.42 JPMorgan 350,000.00 31680EAD3FITAT 2023-1 A3 DTD 08/23/2023 5.530% 08/15/2028

4.48 1.36
8,837.89 8,859.06 413,746.79 102.16 JPMorgan 405,000.00 161571HT4CHAIT 2023-A1 A DTD 09/15/2023 5.160% 09/15/2028

3.96 1.83
9,593.70 9,404.46 419,386.13 102.29 Citigrou 410,000.00 02582JKD1AMXCA 2023-3 A DTD 09/19/2023 5.230% 09/15/2028

3.96 1.82
3,622.24 3,626.33 183,602.16 102.00 BOFAML 180,000.00 05522RDH8BACCT 2023-A2 A2 DTD 12/14/2023 4.980% 11/15/2028

3.94 1.98
14,765.35 14,765.35 509,663.88 102.96 Barclays 495,000.00 02582JKH2AMXCA 2024-1 A DTD 04/23/2024 5.230% 04/16/2029

3.95 2.33
61,113.13 4.21 61,125.55 5,281,662.82 5,221,298.36 Security Type Sub-Total 1.43

Page 23 ends

For the Month Ending September 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
54,263,741.00 53,657,307.94 845,896.40 551,823.29 3.85 Managed Account Sub-Total 2.48 Joint Powers Authority

0.00 0.00 470,550.48 1.00 470,550.48 CAMP Pool 0.00 470,550.48 470,550.48 0.00 0.00 Liquid Sub-Total 0.00 Total Investments $54,426,229.11
$298,370.69
$54,127,858.42
Accrued Interest
Securities Sub-Total $54,734,291.48 $845,896.40 $551,823.29 3.85% 2.48

Page 24 ends

For the Month Ending September 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
09/05/24 AMERICAN HONDA FINANCE
DTD 09/05/2024 4.400% 09/05/2029
02665WFQ9 (399,520.00) 0.00 (399,520.00) 400,000.00 09/03/24 09/06/24 US TREASURY N/B
DTD 06/30/2021 1.250% 06/30/2028
91282CCH2 (1,169,364.26) (2,944.97) (1,172,309.23) 1,275,000.00 09/04/24 (2,944.97) (1,571,829.23)(1,568,884.26) 1,675,000.00 Transaction Type Sub-Total

INTEREST
09/01/24 CA ST
DTD 03/15/2023 4.846% 03/01/2027
13063D3N6 0.00 4,846.00 4,846.00 09/01/24
09/25/24 FHMS K507 A2
DTD 09/01/2023 4.800% 09/01/2028
3137HAMS2 0.00 2,000.00 2,000.00 09/01/24
09/25/24 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
3136BQDE6 0.00 1,920.42 1,920.42 09/01/24
09/25/24 FHMS K514 A2
DTD 02/01/2024 4.572% 12/01/2028
3137HBLV4 0.00 1,104.90 1,104.90 09/01/24
09/25/24 FHMS K058 A2
DTD 11/01/2016 2.653% 08/01/2026
3137BSP72 0.00 1,215.96 1,215.96 09/01/24
09/25/24 FHMS K064 A2
DTD 05/01/2017 3.224% 03/01/2027
3137BXQY1 0.00 1,477.67 1,477.67 09/01/24
09/25/24 FHMS K506 A2
DTD 09/01/2023 4.650% 08/01/2028
3137HAMH6 0.00 3,100.00 3,100.00 09/01/24
09/25/24 FHMS K509 A2
DTD 10/01/2023 4.850% 09/01/2028
3137HAST4 0.00 1,515.63 1,515.63 09/01/24
09/25/24 FHMS K508 A2
DTD 10/01/2023 4.740% 08/01/2028
3137HAQ74 0.00 1,975.00 1,975.00 09/01/24
09/25/24 FHMS K526 A2
DTD 08/01/2024 4.543% 07/01/2029
3137HDXL9 0.00 1,873.99 1,873.99 09/01/24
09/25/24 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 0.00 1,738.54 1,738.54 09/01/24
09/25/24 FHMS K505 A2
DTD 07/01/2023 4.819% 06/01/2028
3137HACX2 0.00 2,208.71 2,208.71 09/01/24
09/25/24 FHMS K510 A2
DTD 11/01/2023 5.069% 10/01/2028
3137HB3D4 0.00 760.35 760.35 09/01/24

Page 25 ends

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

INTEREST
09/25/24 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 0.00 1,600.61 1,600.61 09/01/24
09/25/24 FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
3137BGK24 0.00 612.57 612.57 09/01/24
09/25/24 FHMS K511 A2
DTD 12/01/2023 4.860% 10/01/2028
3137HB3G7 0.00 1,113.75 1,113.75 09/01/24
09/25/24 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 0.00 1,041.78 1,041.78 09/01/24
09/25/24 FHMS K054 A2
DTD 04/01/2016 2.745% 01/01/2026
3137BNGT5 0.00 629.06 629.06 09/01/24
09/25/24 FHMS K065 A2
DTD 07/01/2017 3.243% 04/01/2027
3137F1G44 0.00 1,486.38 1,486.38 09/01/24
09/25/24 FHMS K524 A2
DTD 07/01/2024 4.720% 05/01/2029
3137HDV56 0.00 1,730.67 1,730.67 09/01/24
09/25/24 FHMS K522 A2
DTD 06/01/2024 4.803% 05/01/2029
3137HDJJ0 0.00 2,201.38 2,201.38 09/01/24
09/04/24 AMERICAN EXPRESS CO (CALLABLE)
DTD 03/04/2022 2.550% 03/04/2027
025816CS6 0.00 3,825.00 3,825.00 09/04/24
09/04/24 AMERICAN EXPRESS CO (CALLABLE)
DTD 03/04/2022 2.250% 03/04/2025
025816CQ0 0.00 900.00 900.00 09/04/24
09/04/24 FEDERAL HOME LOAN BANK
DTD 09/11/2020 0.375% 09/04/2025
3130AK5E2 0.00 281.25 281.25 09/04/24
09/10/24 ROCHE HOLDINGS INC (CALLABLE)
DTD 03/10/2022 2.132% 03/10/2025
771196BT8 0.00 4,370.60 4,370.60 09/10/24
09/12/24 APPLE INC (CALLABLE)
DTD 09/12/2017 2.900% 09/12/2027
037833DB3 0.00 11,237.50 11,237.50 09/12/24
09/14/24 BLACKROCK FUNDING INC (CALLABLE)
DTD 03/14/2024 4.700% 03/14/2029
09290DAA9 0.00 18,212.50 18,212.50 09/14/24
09/15/24 FITAT 2023-1 A3
DTD 08/23/2023 5.530% 08/15/2028
31680EAD3 0.00 1,612.92 1,612.92 09/15/24
09/15/24 CHAIT 2023-A1 A
DTD 09/15/2023 5.160% 09/15/2028
161571HT4 0.00 1,741.50 1,741.50 09/15/24
09/15/24 TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
89190GAC1 0.00 6.58 6.58 09/15/24

Page 26 ends

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

INTEREST
09/15/24 AMXCA 2023-1 A
DTD 06/14/2023 4.870% 05/15/2028
02582JJZ4 0.00 771.08 771.08 09/15/24
09/15/24 COMET 2022-A3 A
DTD 11/03/2022 4.950% 10/15/2027
14041NGB1 0.00 1,010.63 1,010.63 09/15/24
09/15/24 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 0.00 4.70 4.70 09/15/24
09/15/24 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 0.00 565.34 565.34 09/15/24
09/15/24 ABBOTT LABORATORIES (CALLABLE)
DTD 03/22/2017 3.875% 09/15/2025
002824BM1 0.00 4,359.38 4,359.38 09/15/24
09/15/24 HDMOT 2023-A A3
DTD 02/23/2023 5.050% 12/15/2027
41285JAD0 0.00 715.42 715.42 09/15/24
09/15/24 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 0.00 13.97 13.97 09/15/24
09/15/24 DCENT 2023-A1 A
DTD 04/11/2023 4.310% 03/15/2028
254683CY9 0.00 1,149.33 1,149.33 09/15/24
09/15/24 DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
254683CP8 0.00 94.25 94.25 09/15/24
09/15/24 AMXCA 2024-1 A
DTD 04/23/2024 5.230% 04/16/2029
02582JKH2 0.00 2,157.38 2,157.38 09/15/24
09/15/24 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 0.00 507.21 507.21 09/15/24
09/15/24 TAOT 2023-A A3
DTD 01/30/2023 4.630% 09/15/2027
891940AC2 0.00 945.29 945.29 09/15/24
09/15/24 DCENT 2023-A2 A
DTD 06/28/2023 4.930% 06/15/2028
254683CZ6 0.00 1,437.92 1,437.92 09/15/24
09/15/24 BERKSHIRE HATHAWAY FIN
(CALLABLE)
DTD 03/15/2022 2.300% 03/15/2027
084664CZ2 0.00 5,462.50 5,462.50 09/15/24
09/15/24 FORDO 2023-A A3
DTD 03/31/2023 4.650% 02/15/2028
344928AD8 0.00 503.75 503.75 09/15/24
09/15/24 NY ST URBAN DEV-F-1
DTD 12/23/2020 0.870% 03/15/2025
650036DT0 0.00 1,413.75 1,413.75 09/15/24

Page 27 ends

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

INTEREST
09/15/24 NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
65480BAC1 0.00 9.16 9.16 09/15/24
09/15/24 AMXCA 2023-3 A
DTD 09/19/2023 5.230% 09/15/2028
02582JKD1 0.00 1,786.92 1,786.92 09/15/24
09/15/24 COMET 2023-A1 A
DTD 05/24/2023 4.420% 05/15/2028
14041NGD7 0.00 1,804.83 1,804.83 09/15/24
09/15/24 BACCT 2023-A1 A1
DTD 06/16/2023 4.790% 05/15/2028
05522RDG0 0.00 678.58 678.58 09/15/24
09/15/24 BACCT 2023-A2 A2
DTD 12/14/2023 4.980% 11/15/2028
05522RDH8 0.00 747.00 747.00 09/15/24
09/16/24 GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
362554AC1 0.00 17.61 17.61 09/16/24
09/16/24 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
36265QAD8 0.00 1,090.53 1,090.53 09/16/24
09/18/24 HAROT 2023-3 A3
DTD 08/22/2023 5.410% 02/18/2028
43815QAC1 0.00 1,442.67 1,442.67 09/18/24
09/21/24 HAROT 2023-4 A3
DTD 11/08/2023 5.670% 06/21/2028
438123AC5 0.00 401.63 401.63 09/21/24
09/21/24 HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
43815GAC3 0.00 22.99 22.99 09/21/24
09/23/24 FREDDIE MAC
DTD 09/25/2020 0.375% 09/23/2025
3137EAEX3 0.00 1,312.50 1,312.50 09/23/24
09/29/24 CITIBANK NA (CALLABLE)
DTD 09/29/2023 5.803% 09/29/2028
17325FBB3 0.00 21,761.25 21,761.25 09/29/24
130,528.79 130,528.79 0.00 Transaction Type Sub-Total

PAYDOWNS
09/25/24 FHMS K061 A2
DTD 01/01/2017 3.347% 11/01/2026
3137BTUM1 723.97 0.00 723.97 22.28 14.21 723.97 09/01/24 09/25/24 FNA 2023-M6 A2
DTD 07/01/2023 4.190% 07/01/2028
3136BQDE6 24,443.39 0.00 24,443.39 414.39 324.31 24,443.39 09/01/24 09/25/24 FHMS K043 A2
DTD 03/01/2015 3.062% 12/01/2024
3137BGK24 17,031.27 0.00 17,031.27 (843.58) (56.24) 17,031.27 09/01/24

Page 28 ends

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

PAYDOWNS
09/25/24 FHMS KJ48 A1
DTD 12/01/2023 4.858% 05/01/2028
3137HBC69 761.56 0.00 761.56 0.01 0.00 761.56 09/01/24 09/25/24 FHMS KJ46 A1
DTD 07/01/2023 4.777% 06/01/2028
3137HAD45 280.00 0.00 280.00 0.01 0.01 280.00 09/01/24 09/15/24 TAOT 2021-B A3
DTD 06/14/2021 0.260% 11/17/2025
89190GAC1 10,869.09 0.00 10,869.09 1.18 0.32 10,869.09 09/15/24 09/15/24 CARMX 2021-2 A3
DTD 04/21/2021 0.520% 02/17/2026
14314QAC8 3,838.24 0.00 3,838.24 0.83 0.24 3,838.24 09/15/24 09/15/24 NAROT 2021-A A3
DTD 06/23/2021 0.330% 10/15/2025
65480BAC1 11,335.66 0.00 11,335.66 0.19 0.05 11,335.66 09/15/24 09/15/24 HART 2021-C A3
DTD 11/17/2021 0.740% 05/15/2026
44935FAD6 3,836.75 0.00 3,836.75 0.85 0.31 3,836.75 09/15/24 09/15/24 NAROT 2022-B A3
DTD 09/28/2022 4.460% 05/17/2027
65480JAC4 8,309.31 0.00 8,309.31 1.72 1.00 8,309.31 09/15/24 09/15/24 DCENT 2021-A1 A1
DTD 09/27/2021 0.580% 09/15/2026
254683CP8 195,000.00 0.00 195,000.00 41.75 16.81 195,000.00 09/15/24 09/15/24 CARMX 2022-3 A3
DTD 07/20/2022 3.970% 04/15/2027
14318MAD1 11,706.79 0.00 11,706.79 0.27 0.15 11,706.79 09/15/24 09/16/24 GMCAR 2022-4 A3
DTD 10/12/2022 4.820% 08/16/2027
36265QAD8 14,703.69 0.00 14,703.69 2.41 1.45 14,703.69 09/16/24 09/16/24 GMCAR 2021-4 A3
DTD 10/21/2021 0.680% 09/16/2026
362554AC1 3,355.67 0.00 3,355.67 0.09 0.04 3,355.67 09/16/24 09/21/24 HAROT 2021-4 A3
DTD 11/24/2021 0.880% 01/21/2026
43815GAC3 4,188.78 0.00 4,188.78 0.88 0.28 4,188.78 09/21/24

0.00 302.94 (356.72) 310,384.17 310,384.17 310,384.17 Transaction Type Sub-Total SELL
09/05/24 US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
912828U24 168,300.78 1,074.73 169,375.51 3,937.50 (604.79) FIFO 175,000.00 09/03/24 09/06/24 US TREASURY N/B
DTD 11/15/2016 2.000% 11/15/2026
912828U24 1,180,880.86 7,589.67 1,188,470.53 30,337.89 (1,511.40) FIFO 1,225,000.00 09/04/24 8,664.40 (2,116.19) 34,275.39 1,357,846.04 1,349,181.64 1,400,000.00 Transaction Type Sub-Total

Page 29 ends

For the Month Ending September 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
90,681.55 136,248.22 226,929.77 33,918.67 (1,813.25)Managed Account Sub-Total Total Security Transactions $33,918.67 $226,929.77 $136,248.22 $90,681.55 ($1,813.25)

Page 30 ends

For the Month Ending September 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
146,611.50 Opening Balance
09/03/24 09/03/24 Purchase - Interest 13063D3N6 1.00 4,846.00 151,457.50 09/03/24 09/03/24 Purchase - Interest 91282CGP0 1.00 96,000.00 247,457.50 09/04/24 09/04/24 Purchase - Interest 025816CQ0 1.00 900.00 248,357.50 09/04/24 09/04/24 Purchase - Interest 025816CS6 1.00 3,825.00 252,182.50 09/04/24 09/04/24 Purchase - Interest 3130AK5E2 1.00 281.25 252,463.75 09/05/24 09/05/24 Purchase - Interest 912828U24 1.00 1,074.73 253,538.48 09/05/24 09/05/24 Purchase - Principal 912828U24 1.00 168,300.78 421,839.26 09/05/24 09/05/24 Redemption - Principal 02665WFQ9 1.00 (399,520.00) 22,319.26 09/06/24 09/06/24 Purchase - Principal 912828U24 1.00 1,180,880.86 1,203,200.12 09/06/24 09/06/24 Purchase - Interest 912828U24 1.00 7,589.67 1,210,789.79 09/06/24 09/06/24 Redemption - Principal 91282CCH2 1.00 (1,169,364.26) 41,425.53 09/06/24 09/06/24 Redemption - Interest 91282CCH2 1.00 (2,944.97) 38,480.56 09/10/24 09/10/24 Purchase - Interest 771196BT8 1.00 4,370.60 42,851.16 09/12/24 09/12/24 Purchase - Interest 037833DB3 1.00 11,237.50 54,088.66 09/16/24 09/16/24 Purchase - Interest 002824BM1 1.00 4,359.38 58,448.04 09/16/24 09/16/24 Purchase - Interest 084664CZ2 1.00 5,462.50 63,910.54 09/16/24 09/16/24 Purchase - Interest 09290DAA9 1.00 18,212.50 82,123.04 09/16/24 09/16/24 Purchase - Interest 650036DT0 1.00 1,413.75 83,536.79 09/16/24 09/16/24 Purchase - Interest 02582JJZ4 1.00 771.08 84,307.87 09/16/24 09/16/24 Purchase - Interest 02582JKD1 1.00 1,786.92 86,094.79 09/16/24 09/16/24 Purchase - Interest 02582JKH2 1.00 2,157.37 88,252.16

Page 31 ends

For the Month Ending September 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
09/16/24 09/16/24 Purchase - Interest 05522RDG0 1.00 678.58 88,930.74 09/16/24 09/16/24 Purchase - Interest 05522RDH8 1.00 747.00 89,677.74 09/16/24 09/16/24 Purchase - Interest 14041NGB1 1.00 1,010.63 90,688.37 09/16/24 09/16/24 Purchase - Interest 14041NGD7 1.00 1,804.83 92,493.20 09/16/24 09/16/24 Purchase - Interest 14314QAC8 1.00 4.70 92,497.90 09/16/24 09/16/24 Purchase - Interest 14318MAD1 1.00 565.34 93,063.24 09/16/24 09/16/24 Purchase - Interest 161571HT4 1.00 1,741.50 94,804.74 09/16/24 09/16/24 Purchase - Interest 254683CP8 1.00 94.25 94,898.99 09/16/24 09/16/24 Purchase - Interest 254683CY9 1.00 1,149.33 96,048.32 09/16/24 09/16/24 Purchase - Interest 254683CZ6 1.00 1,437.92 97,486.24 09/16/24 09/16/24 Purchase - Interest 31680EAD3 1.00 1,612.92 99,099.16 09/16/24 09/16/24 Purchase - Interest 344928AD8 1.00 503.75 99,602.91 09/16/24 09/16/24 Purchase - Interest 362554AC1 1.00 17.61 99,620.52 09/16/24 09/16/24 Purchase - Interest 36265QAD8 1.00 1,090.53 100,711.05 09/16/24 09/16/24 Purchase - Interest 41285JAD0 1.00 715.42 101,426.47 09/16/24 09/16/24 Purchase - Interest 44935FAD6 1.00 13.97 101,440.44 09/16/24 09/16/24 Purchase - Interest 65480BAC1 1.00 9.16 101,449.60 09/16/24 09/16/24 Purchase - Interest 65480JAC4 1.00 507.21 101,956.81 09/16/24 09/16/24 Purchase - Interest 89190GAC1 1.00 6.58 101,963.39 09/16/24 09/16/24 Purchase - Interest 891940AC2 1.00 945.29 102,908.68 09/16/24 09/16/24 Purchase - Principal 65480BAC1 1.00 11,335.66 114,244.34 09/16/24 09/16/24 Purchase - Principal 44935FAD6 1.00 3,836.75 118,081.09

Page 32 ends

For the Month Ending September 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
09/16/24 09/16/24 Purchase - Principal 89190GAC1 1.00 10,869.09 128,950.18 09/16/24 09/16/24 Purchase - Principal 14314QAC8 1.00 3,838.24 132,788.42 09/16/24 09/16/24 Purchase - Principal 14318MAD1 1.00 11,706.79 144,495.21 09/16/24 09/16/24 Purchase - Principal 362554AC1 1.00 3,355.67 147,850.88 09/16/24 09/16/24 Purchase - Principal 36265QAD8 1.00 14,703.69 162,554.57 09/16/24 09/16/24 Purchase - Principal 65480JAC4 1.00 8,309.31 170,863.88 09/17/24 09/17/24 Purchase-Principal 254683CP8 1.00 195,000.00 365,863.88 09/18/24 09/18/24 Purchase - Interest 43815QAC1 1.00 1,442.67 367,306.55 09/23/24 09/23/24 Purchase - Interest 438123AC5 1.00 401.63 367,708.18 09/23/24 09/23/24 Purchase - Interest 43815GAC3 1.00 22.99 367,731.17 09/23/24 09/23/24 Purchase - Interest 438123AC5 1.00 401.63 368,132.80 09/23/24 09/23/24 Purchase - Interest 43815GAC3 1.00 22.99 368,155.79 09/23/24 09/23/24 Purchase - Interest 3137EAEX3 1.00 1,312.50 369,468.29 09/23/24 09/23/24 Purchase - Principal 43815GAC3 1.00 4,188.78 373,657.07 09/23/24 09/23/24 Purchase - Principal 43815GAC3 1.00 4,188.78 377,845.85 09/23/24 09/23/24 Purchase - Interest 438123AC5 1.00 (401.63) 377,444.22 09/23/24 09/23/24 Purchase - Interest 43815GAC3 1.00 (22.99) 377,421.23 09/23/24 09/23/24 Purchase - Principal 43815GAC3 1.00 (4,188.78) 373,232.45 09/25/24 09/25/24 Purchase - Interest 3137BTUM1 1.00 1,041.78 374,274.23 09/25/24 09/25/24 Purchase - Interest 3137BXQY1 1.00 1,477.67 375,751.90 09/25/24 09/25/24 Purchase - Interest 3137F1G44 1.00 1,486.38 377,238.28 09/25/24 09/25/24 Purchase - Interest 3137HACX2 1.00 2,208.71 379,446.99

Page 33 ends

For the Month Ending September 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
09/25/24 09/25/24 Purchase - Interest 3137HAD45 1.00 1,738.54 381,185.53 09/25/24 09/25/24 Purchase - Interest 3137HAMH6 1.00 3,100.00 384,285.53 09/25/24 09/25/24 Purchase - Interest 3137HAMS2 1.00 2,000.00 386,285.53 09/25/24 09/25/24 Purchase - Interest 3137HAQ74 1.00 1,975.00 388,260.53 09/25/24 09/25/24 Purchase - Interest 3137HAST4 1.00 1,515.63 389,776.16 09/25/24 09/25/24 Purchase - Interest 3137HB3D4 1.00 760.35 390,536.51 09/25/24 09/25/24 Purchase - Interest 3137HB3G7 1.00 1,113.75 391,650.26 09/25/24 09/25/24 Purchase - Interest 3137HBC69 1.00 1,600.61 393,250.87 09/25/24 09/25/24 Purchase - Interest 3136BQDE6 1.00 1,920.42 395,171.29 09/25/24 09/25/24 Purchase - Interest 3137BGK24 1.00 612.57 395,783.86 09/25/24 09/25/24 Purchase - Interest 3137BNGT5 1.00 629.06 396,412.92 09/25/24 09/25/24 Purchase - Interest 3137BSP72 1.00 1,215.96 397,628.88 09/25/24 09/25/24 Purchase - Interest 3137HBLV4 1.00 1,104.90 398,733.78 09/25/24 09/25/24 Purchase - Interest 3137HDJJ0 1.00 2,201.38 400,935.16 09/25/24 09/25/24 Purchase - Interest 3137HDV56 1.00 1,730.67 402,665.83 09/25/24 09/25/24 Purchase - Interest 3137HDXL9 1.00 1,873.99 404,539.82 09/25/24 09/25/24 Purchase - Principal 3137BGK24 1.00 17,031.27 421,571.09 09/25/24 09/25/24 Purchase - Principal 3137HAD45 1.00 280.00 421,851.09 09/25/24 09/25/24 Purchase - Principal 3137BTUM1 1.00 723.97 422,575.06 09/25/24 09/25/24 Purchase - Principal 3136BQDE6 1.00 24,443.39 447,018.45 09/25/24 09/25/24 Purchase - Principal 3137HBC69 1.00 761.56 447,780.01 09/30/24 09/30/24 Purchase - Interest 17325FBB3 1.00 21,761.25 469,541.26

Page 34 ends

For the Month Ending September 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
09/30/24 10/01/24 Accrual Income Div Reinvestment - Distributions 1.00 1,009.22 470,550.48 470,550.48
470,550.48
470,550.48
236,687.29
7,398.53

0.00 (16,577,364.46)
16,931,141.98
116,772.96
1,009.22
470,550.48

0.00 (1,576,442.63)
1,900,381.61
146,611.50
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
September January-September

5.29%

Page 35 ends

22)
Public Works Construction Agreement with Sports Field Services for the Stadium Facility Project, CIP Project No. RDA Z20003
Award and authorize the Executive Director to execute a Public Works Construction Agreement with Sports Field Services in an amount not to exceed $128,770.00 for the baseball field removal and field preparation for new sod Sports Field Services in substantially the form attached and in such final form as approved by the Successor Agency Counsel, authorize the Executive Director to execute change orders not to exceed the 10% contingency amount of $12,877.00, and authorize the Agency Secretary to record the Notice of Completion once the work is complete.

Page 1 of 2 ends

REPORT TO SUCCESSOR AGENCY
To:Honorable Chair and Members of the Successor Agency
From:Jason Simpson, Executive Director
Prepared by: Brendan Rafferty, Assistant Administrative Services Director Date:November 12, 2024
Subject:Public Works Construction Agreement with Sports Field Services for the Stadium Facility Project, CIP Project No. RDA Z20003 Recommendation

1. Award the Public Works Construction Agreement for the baseball field removal and field preparation for new sod Sports Field Services.

2. Authorize the Executive Director to execute the agreement in an amount not to exceed $128,770.00 with Sports Field Services, in substantially the form attached and in such final form as approved by the Successor Agency Counsel.

3. Authorize the Executive Director to execute change orders not to exceed the 10% contingency amount of $12,877.00.

4. Authorize the Agency Secretary to record the Notice of Completion once the work is complete.

Background
Under the Stadium Operations Contracts and Interim Management Agreement, the Successor Agency is responsible for capital repairs. The Successor Agency is performing a required facility capital project at Diamond Stadium. The project must satisfy significant league baseball facility requirements and facility capital repair inadequacies.

This project will include the removal of the entire field playing surface and the preparation of over 95,000 square feet of new grass sod preparation.

Discussion
During recent Major League Baseball facility evaluation visits, it was learned the playing field surface was sloping towards the outfield at a more significant percentage than allowable by Major Sports Field Services Agreement Field Prep

Page 2 of 2 ends

1 5
3 9
League Baseball standards. This condition has gradually worsened in the past several years.

Staff has closely monitored this situation in anticipation of eventually performing a complete playing field removal and resod project to bring the field back within acceptable tolerances.

The scope of work for this project will include the following primary elements:
- Strip all existing turfgrass and stockpile on the field. - Load trucks and haul away all waste and dispose of it offsite. - Ble-caveat existing root zone at a depth of 4”-5”.
- Laser-grade, hand rake around irrigation heads and edges, and prep for sod. This includes the import of 50 tons of sand for the finish grade.
- Sod detail during installation days (Rake ahead of sod, Blowers, Wash Sod, and any other miscellaneous details).
- Irrigation repair
Major League Baseball has confirmed Sports Field Services to meet and exceed all the closely monitored standards. This is the only known company recommended by Major League Baseball in the Southern California area and is utilized by all the Major League Baseball organizations (i.e., Padres, Dodgers, and Angels). Major League Baseball has recommended the scope of work presented by Sports Field Services to resolve the playing field compliance issues.

Section 3.08.070 of the Lake Elsinore Municipal Code provides that the City Council may authorize the City Manager to bypass the standard procedures requiring multiple bids on purchases over $30,000 when in the City's best interest. As discussed above, the unique services offered by this vendor match perfectly with the Successor Agency’s needs and are consistent with the existing facilities maintenance requirements for Major League Baseball.

Fiscal Impact
The Diamond Stadium playing field project is included in the Fiscal Year 24/25 – 28/29 Capital Improvement Plan (CIP) budget. The contract amount herein is fully funded with Real Property Tax Trust Funds (RPTTF) which are allocated to the Agency through the ROPS process.

Attachments
Attachment 1 – Agreement
Exhibit A - Sports Field Services Quote
Administrative Services
1 Agreement No. __________

AGREEMENT FOR PUBLIC WORKS CONSTRUCTION
Sports Field Services
For the
Field Removal and Sod
Prep
CIP PROJECT NO. RDA Z20003
This Agreement for Public Works Construction (“Agreement”) is made and entered into as of November 12, 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 (“Agency”) and CSA Holdings, Inc. DBA Sports Field Services (“Contractor”).

The Agency and Contractor, in consideration of the mutual promises and covenants set forth herein, agree as follows:

1. The Project and Project Documents. Contractor agrees to construct the following public improvements (“work”) identified as:

Field removal and Sod Prep(the “Project”)
The Agency-approved plans for the construction of the Project, which are incorporated herein by reference and prepared by contractor, are identified as:

Contractor’s proposal
The Project Documents include this Agreement and all of the following: (1) the Notice Inviting Bids, Instructions to Bidders, Bid Documents including Bidder’s Proposal as submitted by the Contractor, Contract Documents, General Specifications, Special Provisions, and all attachments and appendices; (2) everything referenced in such documents, such as specifications, details, standard plans or drawings and appendices, including all applicable State and Federal requirements; (3) all required bonds, insurance certificates, permits, notices, and affidavits; and (4) any and all addenda or supplemental agreements clarifying, amending or extending the work contemplated as may be required to insure completion in an acceptable manner. All of the provisions of the above-listed documents are made a part of this Agreement as though fully set forth herein.

2. Compensation.
a. For and in consideration of the payments and agreements to be made and performed by Agency, Contractor agrees to construct the Project, including furnishing all materials and performing all work required for the Project, and to fulfill all other obligations as set forth in the Bidder’s Proposal, such contract price being one hundred twenty-eight thousand seven hundred seventy dollars ($128,770.00).
2 b. Agency hereby promises and agrees to employ, and does hereby employ, Contractor to provide the materials, do the work, and fulfill the obligations according to the terms and conditions herein contained and referred to, for the prices set forth, and hereby contracts to pay the same at the time, in the manner, and upon the conditions set forth in the Project Documents.
c. Contractor agrees to receive and accept the prices set forth in the Bidder’s Proposal as full compensation for furnishing all materials, performing all work, and fulfilling all obligations hereunder. Such compensation shall cover all expenses, losses, damages, and consequences arising out of the nature of work during its progress or prior to its acceptance including those for well and faithfully completing the work and the whole thereof in the manner and time specified in the Project Documents; and also including those arising from actions of the elements, unforeseen difficulties or obstructions encountered in the prosecution of the work, suspension or discontinuance of the work, and all other unknowns or risks of any description connected with the work.

3. Completion of Work.
a. Contractor shall perform and complete all work within 30 working days from the date of commencement specified in the Notice to Proceed, and shall provide, furnish and pay for all the labor, materials, necessary tools, expendable equipment, and all taxes, utility and transportation services required for construction of the Project. b. All work shall be performed and completed in a good workmanlike manner in strict accordance with the drawings, specifications and all provisions of this Agreement as hereinabove defined and in accordance with applicable laws, codes, regulations, ordinances and any other legal requirements governing the Project.
c. Contractor shall not be excused with respect to the failure to so comply by any act or omission of the Agency, the City Engineer, a City inspector, or a representative of any of them, unless such act or omission actually prevents the Contractor from fully complying with the requirements of the Project Documents, and unless the Contractor protests at the time of such alleged prevention that the act or omission is preventing the Contractor from fully complying with the Project Documents. Such protest shall not be effective unless reduced to writing and filed with the Agency within three (3) working days of the date of occurrence of the act or omission preventing the Contractor from fully complying with the Project Documents. d. Agency and Contractor recognize that time is of the essence in the performance of this Agreement and further agree that if the work called for under the Agreement is not completed within the time hereinabove specified, damages will be sustained by the Agency and that, it is and will be impracticable or extremely difficult to ascertain and determine the actual amount of damages the Agency will sustain in the event of, and by reason of, such delay. It is, therefore, agreed that such damages shall be presumed to be in the amount of $500.00 per calendar day, and that the Contractor will pay to the Agency, or Agency may retain from amounts otherwise payable to Contractor, such amount for each calendar day by which the Contractor fails to complete the work, including corrective items of work, under this Agreement within the time hereinabove specified and as adjusted by any changes to the work. 3 4. Changes to Work. Agency and Contractor agree that the Agency may make changes to the work, or suspend the work, and no matter how many changes, such changes or suspensions are within the contemplation of the Contractor and Agency and will not be a basis for a compensable delay claim against the Agency nor be the basis for a liquidated damage claim against the Contractor.

Any change to the work shall be by way of a written instrument (“change order”) signed by the Agency and the Contractor, stating their agreement to the following:
a. The scope of the change in the work;
b. The amount of the adjustment to the contract price; and c. The extent of the adjustment to the Schedule of Performance.

The City Engineer is authorized to sign any change order provided that sufficient contingency funds are available in the Agency’s approved budget for the Project. All change in the work authorized by the change order shall be performed under the applicable conditions of the Project Documents. Agency and Contractor shall negotiate in good faith and as expeditiously as possible the appropriate adjustments for such changes.

5. Bonds. Contractor shall provide, before commencing work, a Faithful Performance Bond and a Labor and Material Bond, each for one-hundred percent (100%) of the contract price in the form that complies with the Project Documents and is satisfactory to the Agency Attorney.

6. Non-Assignability. Neither this Agreement nor any rights, title, interest, duties or obligations under this Agreement may be assigned, transferred, conveyed or otherwise disposed of by Contractor without the prior written consent of Agency.

7. Licenses. Contractor represents and warrants to Agency that it holds the contractor’s license or licenses set forth in the Project Documents, is registered with the Department of Industrial Relations pursuant to Labor Code Section 1725.5, and holds such other licenses, permits, qualifications, insurance and approvals of whatsoever nature which are legally required of Contractor. 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.

8. Indemnity. Contractor shall indemnify, defend, and hold harmless the Agency and its officials, officers, employees, agents, the County and Board Supervisors, 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 the City of Lake Elsinore 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 4 property, 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.

9. Insurance Requirements.
a. Insurance. Contractor, at Contractor’s own cost and expense, shall procure and maintain, for the duration of the Agreement, unless modified by the Agency’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 and the City of Lake Elsinore, 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. Commercial General Liability Coverage. Contractor shall maintain commercial 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 limit 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.
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.
5 iv. Builder’s Risk Coverage. Prior to the commencement of any construction of the Project, Design-Builder shall obtain (or cause to be obtained) and keep in force during the term of any construction, builder’s risk insurance insuring for all risks of physical loss of or damage (excluding the perils of earthquake and flood). v. Professional Liability Coverage. Contractor shall maintain professional errors and omissions liability insurance appropriate for Contractor’s profession for protection against claims alleging negligent acts, errors or omissions which may arise from Contractor’s services under this Agreement, whether such services are provided by the Contractor or by its employees, subcontractors, or sub consultants.

The amount of this insurance shall not be less than one million dollars ($1,000,000) on a claims-made annual aggregate basis, or a combined single limit per occurrence basis.
b. Endorsements. Each general commercial 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. The Agency and the City of Lake Elsinore, its elected or appointed officers, officials, employees, agents and volunteers are to be covered as additional insured with respect to liability arising out of work performed by or on behalf of the Contractor, including materials, parts or equipment furnished in connection with such work or operations.
ii. This policy shall be considered primary insurance as respects the Agency and the City of Lake Elsinore, its elected or appointed officers, officials, employees, agents and volunteers. Any insurance maintained by the Agency and the City of Lake Elsinore, including any self-insured retention the Agency and the City of Lake Elsinore may have, shall be considered excess insurance only and shall 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 and the City of Lake Elsinore, 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 and the City of Lake Elsinore, 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. 6 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.

10. 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: Sports Field Services
Attn: Mannie Adams
27762 Antonio Parkway L1-609
Ladera Ranch, CA 92694

11. Entire Agreement. This Agreement constitutes the complete and exclusive statement of agreement between the Agency and Contractor. All prior written and oral communications, including correspondence, drafts, memoranda, and representations, are superseded in total by this Agreement.

12. 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.

13. Assignment and Subcontracting. Contractor shall be fully responsible to Agency for all acts or omissions of any subcontractors. Assignments of any or all rights, duties for obligations of the Contractor under this Agreement will be permitted only with the express consent of the Agency. 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.

14. 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.

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

16. 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. 7 17. 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.

18. 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.

19. Authority to Enter Agreement and Administration. 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. The City Engineer shall act as the Project administrator on behalf of the Agency.

20. 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 warrants that it has not paid nor has it agreed 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.

21. 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.

22. Prevailing Wages.
a. Contractor and all subcontractors shall adhere to the general prevailing rate of per diem wages as determined and as published by the State Director of the Department of Industrial Relations pursuant to Labor Code Sections 1770, 1773, and 1773.2. Copies of these rates and the latest revisions thereto are on file in the office of the Agency Clerk of the City of Lake Elsinore and are available for review upon request. 8 b. Contractor's attention is directed to the provisions of Labor Code Sections 1774, 1775, 1776, 1777.5 and 1777.6. Contractor shall comply with the provisions of these Sections. The statutory provisions for penalties for failure to comply with the State's wage and the hours laws will be enforced.
c. Labor Code Sections 1774 and 1775 require the Contractor and all subcontractors to pay not less than the prevailing wage rates to all workmen employed in the execution of the contract and specify forfeitures and penalties for failure to do so. The minimum wages to be paid are those determined by the State Director of the Department of Industrial Relations. Labor Code Section 1776 requires the Contractor and all subcontractors to keep accurate payroll records, specifies the contents thereof, their inspection and duplication procedures and certain notices required of the Contractor pertaining to their location. The statutory penalties for failure to pay prevailing wages will be enforced. If the Project has been awarded to Contractor on or after April 1, 2015, Contractor and its subcontractors must furnish electronic certified payroll records to the Labor Commissioner. Beginning January 1, 2016, Contractor and its subcontractors must furnish electronic certified payroll records to the Labor Commissioner without regard to when the Project was awarded to Contractor. d. Labor Code Section 1777.5 requires Contractor or subcontractor employing tradesmen in any apprenticeable occupation to apply to the Joint Apprenticeship Committee nearest the site of the public works project, which administers the apprenticeship program in that trade for a certificate of approval. The certificate will also fix the ratio of apprentices to journeymen to be used in the performance of the Agreement. The Contractor is required to make contributions to funds established for the administration of apprenticeship programs if the Contractor employs registered apprentices or journeymen in any apprenticeable trade and if other contractors on the public works site are making such contributions.

Information relative to apprenticeship standards, contributions, wage schedules and other requirements may be obtained from the State Director of Industrial Relations or from the Division of Apprenticeship Standards. Labor Code Section 1777.6 provides that it shall be unlawful to refuse to accept otherwise qualified employees as registered apprentices solely on the grounds of race, religious creed, color, national origin, ancestry, sex, or age. e. Eight hours labor constitutes a legal day's work, as set forth in Labor Code Section 1810.

23. Execution. 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. [Signatures on next page]
9 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 established
pursuant to Section 34173 of the Health
and Safety Code
“CONTRACTOR”
CSA Holdings, Inc. DBA Sprots Field Services,
a corporation
Executive Director
ATTEST:

By: Mannie Adams
Its: President
Agency Clerk
APPROVED AS TO FORM:

By:Click or tap here to enter text.

Its: Click or tap here to enter text.

Agency Attorney
Assistant Executive Director

EXHIBIT A
CONTRACTOR’S PROPOSAL
[ATTACHED]

EXHIBIT B

LIST OF SUBCONTRACTORS
[ATTACHED]
CSA Holdings, Inc. dba

27762 Antonio Pkwy L1-609, Ladera Ranch CA 92694
P: 951-232-4201 E: [email protected]
Lic # 714330 LA# 4581 EIN# 20-0135060

PROPOSAL & CONTRACT 08/19/24

Lake Elsinore Storm Baseball Project Location: Lake Elsinore Diamond Attn: Matt Siegal 500 Diamond Drive
E: [email protected] Lake Elsinore CA 92530

FIELD REMOVAL AND SOD PREP (APPROX 95,000 SF)

SCOPE OF WORK:
-Strip all existing turfgrass and stockpile on the field. -Load trucks and haul away all waste and dispose offsite. -Blecavate existing rootzone at a depth of 4”-5”.
-Laser-grade, handrake around heads and edges, and prep for sod. Includes import of 50 tons of sand for finish grade. -Sod detail during installation days. Rake ahead of sod, Blowers, Wash Sod, and a ny other miscellaneous details Storm Groundscrew needs help with. Sod and its installation not included. Storm to contract separately with the farm.

TOTAL PRICE: $ 128,770.00

Payment Schedule:
100% Upon Project Completion.

EXCLUSIONS:

Scope of work is limited to the items listed above. All other items, including but not limited to the following, are not inc luded in the price of this contract agreement: Irrigation, Fertilization, Sod and its Installation, Infield Skin, Special Permits regardin g work listed above, Fees for parking lot stockpile and storage location, Payment and Performance Bonding, Special Insurance Req uirements and any other items involved or related to completion of the total project that are not included in the line items for the above scope of work.

PRICE GUARANTEE:

SFS will hold this price until March 2025.

LESB Representative initials_____________

Page 1 of 3 ends

SPORTS FIELD SERVICES STORM – FIELD REMOVAL (cont’d) 08/19/24

LESB Responsibilities:

1. Make sure area is accessible to equipment, this means gates must be opened to enter all gates by 5:30 am each working day.

2. Prohibit field activities during project period.

3. Ensure cooperation from any other trades working on or around the project, i.e. no vehicles driving over the field, no staging of materials and/or trucks, trailers, equipment, within project limits, or blocking access to project, all waste removed, etc ...

4. Informing tenants and guests on the property that heavy construction is taking place and to use precaution due to fr equent construction traffic through the property. SFS traffic will obey all property laws.

5. Ensure existing irrigation system is functioning properly.

6. Provide staging area to park trailers and stockpile and load waste during project.

7. Marking all irrigation system components (heads, valves, quick couplers....) or other subsurface items that may be aff ected.

8. Provide plywood or mats for equipment access to work area to protect any grass surface that is not to be removed.

SPORTS FIELD SERVICES CONDITIONS:

1. Unless these items are clearly marked prior to our arrival, SFS does not accept responsibility for damage to any subsur face elements including but not limited to irrigation, electrical, concrete, fiber optics, sleeves, etc… Repair to any damaged elements will be the financial responsibility of Owner.

2. Should any problems occur that are not attributable to SFS’s work or faulty equipment, and have been caused by elements outside of SFS’s control, all costs associated with investigation and/or reparation shall be paid for by Owner.

3. Price assumes the existing parking lot can be used as a staging area for daytime parking of trucks and overnight parkin g of trailers, containers, restrooms, and all material and equipment necessary to complete the project.

4. Owner understands export of waste material will require heavy trucking. The price for this contract assumes ingress -egress to the site is sufficient for the weight of such vehicles. All costs associated with damage to roads, other than driver error, will be the responsibility of Owner.

5. Non-prevailing wage rates at normal M-F business hours apply. No bonds or special insurance requirements are included.

INDEMNITY:

With the exception that the following provisions shall in no event be construed to require indemnification by SFS in excess o f that permitted under law, SFS shall indemnify, defend , and save harmless Owner, and its agents and servants, and each of them, from any and all claims, demands, causes of action, liens, damages, costs, expenses, losses or liabilities, in law or in equity, of ev ery kind and nature whatsoever, including any costs and expenses for attorneys’ fees and all incidental or consequential damages resulting to Owner arising out of or in any manner directly or indirectly connected with the Work, except the sole negligence or willful misconduct of Owner or their agents or servants, including without limitation any of the following:

A) Injury to or death of any person, including employees or agents of SFS, any other consultant, contractor, Owner or affiliated entities.

B) Damage to or destruction to property of Owner.

C) Any and all penalties imposed on account of the violation of any law or regulation, compliance with which is SFS’s responsibility.

INSURANCE:

Prior to commencement of the Work and until completion of and final acceptance of the Work, SFS and its sub -contractors will maintain general liability, and workers’ compensation, and commercial auto insurance.

SAFETY RULES & REGULATIONS:

1. SFS shall be responsible to Owner for the compliance with all safety rules and regulations, including specifically but not by way of limitation, the Occupational Safety and Health Act of 1970, and any safety rules of Owner posted at the Project or of which SFS is otherwise notified during the conduct of SFS’s performance on and in connection with the Project.

2. SFS agrees to attend all project and safety meetings of Owner at the Project.

3. SFS shall indemnify and hold Owner harmless from any and all expenses incurred by Owner for fines, penalties, and corrective measures that result from acts of commission or omission by SFS, or its agents, employees, and assigns, in failure to comply with such safety rules and regulations.

4. In no event shall alcohol, drugs, dogs, or loud music be allowed on the Project by SFS, its employees, sub-contractors or material suppliers.

LESB Representative initials_____________

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SPORTS FIELD SERVICES STORM – FIELD REMOVAL (cont’d) 08/19/24

DISCRIMINATION:

SFS agrees not to discriminate against any employee or applicant for employment because of race, color, age, religion, sex, o r national origin and to comply with all laws and regulations regarding discrimination.

NOTICE TO OWNER: Section 7019-Contractors License Law- Under the mechanics Lien Law, any contractor, laborer, materialism or other person who helps to improve your property and is not paid for his labor, services, or material, has a right to enforce his claim against your property. Under the la w you may protect yourself against such claims by filing, before commencing such work of improvement, an original contract for the work of improvement o f a modification thereof, in the office of the county recorder of the county where the property is situa ted and requiring that a contractor’s payment bond be recorded in such office. Said bond shall be in an amount not less than fifty percent (50%) of the contract p rice and shall, in addition to any conditions for the performance of the Contract, be conditi oned for the payment in full of the claims of all persons furnishing labor, services, equipment or materials for the work described in said contract.

MODIFICATIONS AND PRIOR AGREEMENTS:

All negotiations and agreements are included herein and any agreements, representations, proposals, bids or negotiations not included herein are hereby voided and no modification may be made herein except in writing signed by both parties hereto. It is furth er agreed that no waiver of any right hereunder shall constitute a continuing waiver, nor a waiver of any other similar or subsequent claim or right. All taxes have been accounted for in the above contract price, no additional charges will be applied to the above sco pe of work.

EFFECT OF SIGNATURE:

This document, when signed by SFS, becomes a proposal which is irrevocable for 30 days after delivery to Owner. No contractual obligations are imposed on Owner by this document until SFS has been supplied with a copy signed by Owner. Both parties agree that copies or facsimiles of this contract containing signatures will be considered a legal document.

BOTH PARTIES HAVE READ AND UNDERSTAND THIS CONTRACT AND ITS TERMS AND FULLY EXECUTE THIS CONTRACT BY THEIR DULY AUTHORIZED REPRESENTATIVES.

LESB (Lake Elsinore Storm Baseball)_____________________________________________________(Authorized Representative)

(Print Name & Title)_____________________________________________________________(Date)_______________________

CSA Holdings, Inc. dba SPORTS FIELD SERVICES Mannie Adams, President

Page 3 of 3 ends

23)
Public Works Construction Agreement with West Coast Turf for the Stadium Facility Project, Cip Project No. RDA Z20003
Award and authorize the Executive Director to execute a Public Works Construction Agreement with West Coast Turf in an amount not to exceed $101,200.00 for the baseball field sod replacement in substantially the form attached and in such final form as approved by the Successor Agency Counsel, authorize the Executive Director to execute change orders not to exceed the 10% contingency amount of $10,120.00, and authorize the Agency Secretary to record the Notice of Completion once the work is complete.

Page 1 of 2 ends

REPORT TO SUCCESSOR AGENCY
To:Honorable Chair and Members of the Successor Agency
From:Jason Simpson, Executive Director
Prepared by:Brendan Rafferty, Assistant Director of Administrative Services Date:November 12, 2024
Subject:Public Works Construction Agreement with West Coast Turf for the Stadium Facility Project, Cip Project No. RDA Z20003.

Recommendation

1. Award the Public Works Construction Agreement for the baseball field sod replacement to West Coast Turf.

2. Authorize the Executive Director to execute the agreement in an amount not to exceed $101,200.00 to West Coast Turf, in substantially the form attached and in such final form as approved by the Successor Agency Counsel.

3. Authorize the Executive Director to execute change orders not to exceed the 10% contingency amount of $10,120.00.

4. Authorize the Agency Secretary to record the Notice of Completion once the work is complete.

This project will include the baseball field sod replacement of over 92,000 square feet of new grass sod.

Page 2 of 2 ends

1 5
4 0
League Baseball standards. This condition has gradually worsened in the past several years.

Staff has closely monitored this situation in anticipation of eventually performing a complete playing field removal and resod project to bring the field back within acceptable tolerances.

The scope of work for this project will include the purchase and installation of 92,000 square feet of T31-Bermuda Grass (TAHOMA 31 Large Rolls). The characteristics of this grass meet and exceed Major League Baseball standards and are an excellent match for our Lake Elsinore climate. With improved wear tolerance, early spring green-up, shade tolerance, and drought resistance, Tahoma 31 Bermuda grass is ideal for a baseball sports turf in tractional warm-season climates.

Major League Baseball has confirmed that West Coast Turf’s Tahoma 31 Bermuda grass will meet and exceed all the closely monitored standards. This is the only known turf company that can deliver and install in the quantity and time frame required for the next baseball season. Because this turf is grown, cut, and delivered from a Palm Desert farm, the growing dormancy will not be a factor for the 2025 baseball season in late March.

Section 3.08.070 of the Lake Elsinore Municipal Code provides that the City Council may authorize the City Manager to bypass the standard procedures requiring multiple bids on purchases over $30,000 when in the City's best interest. As discussed above, the unique services offered by this vendor match perfectly with the Agency’s needs and are consistent with the existing facilities maintenance requirements for Major League Baseball.

Fiscal Impact
The Diamond Stadium playing field project is included in the Fiscal Year 24/25 – 28/29 Capital Improvement Plan (CIP) budget. The contract amount herein is fully funded with Real Property Tax Trust Funds (RPTTF) are allocated to the Agency through the ROPS process.

Attachments
Attachment 1 - Agreement
Exhibit A - West Coast Turf Quote
Administrative Services
1 Agreement No. __________

AGREEMENT FOR PUBLIC WORKS CONSTRUCTION
West Coast Turf
For the
Stadium Field
Replacement
CIP PROJECT NO. RDA Z20003
This Agreement for Public Works Construction (“Agreement”) is made and entered into as of November 12, 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 (“Agency”) and West Coast Turf, a corporation (“Contractor”).

The Agency and Contractor, in consideration of the mutual promises and covenants set forth herein, agree as follows:

1. The Project and Project Documents. Contractor agrees to construct the following public improvements (“work”) identified as:

Purchase and installation of new grass sod.(the “Project”) The Agency-approved plans for the construction of the Project, which are incorporated herein by reference and prepared by Contractor, are identified as:

Contractor’s Proposal
The Project Documents include this Agreement and all of the following: (1) the Notice Inviting Bids, Instructions to Bidders, Bid Documents including Bidder’s Proposal as submitted by the Contractor, Contract Documents, General Specifications, Special Provisions, and all attachments and appendices; (2) everything referenced in such documents, such as specifications, details, standard plans or drawings and appendices, including all applicable State and Federal requirements; (3) all required bonds, insurance certificates, permits, notices, and affidavits; and (4) any and all addenda or supplemental agreements clarifying, amending or extending the work contemplated as may be required to insure completion in an acceptable manner. All of the provisions of the above-listed documents are made a part of this Agreement as though fully set forth herein.

2. Compensation.
a. For and in consideration of the payments and agreements to be made and performed by Agency, Contractor agrees to construct the Project, including furnishing all materials and performing all work required for the Project, and to fulfill all other obligations as set forth in the Bidder’s Proposal, such contract price being one hundred one thousand two hundred dollars ($101,200.00).
2 b. Agency hereby promises and agrees to employ, and does hereby employ, Contractor to provide the materials, do the work, and fulfill the obligations according to the terms and conditions herein contained and referred to, for the prices set forth, and hereby contracts to pay the same at the time, in the manner, and upon the conditions set forth in the Project Documents.
c. Contractor agrees to receive and accept the prices set forth in the Bidder’s Proposal as full compensation for furnishing all materials, performing all work, and fulfilling all obligations hereunder. Such compensation shall cover all expenses, losses, damages, and consequences arising out of the nature of work during its progress or prior to its acceptance including those for well and faithfully completing the work and the whole thereof in the manner and time specified in the Project Documents; and also including those arising from actions of the elements, unforeseen difficulties or obstructions encountered in the prosecution of the work, suspension or discontinuance of the work, and all other unknowns or risks of any description connected with the work.

3. Completion of Work.
a. Contractor shall perform and complete all work within 30 working days from the date of commencement specified in the Notice to Proceed, and shall provide, furnish and pay for all the labor, materials, necessary tools, expendable equipment, and all taxes, utility and transportation services required for construction of the Project. b. All work shall be performed and completed in a good workmanlike manner in strict accordance with the drawings, specifications and all provisions of this Agreement as hereinabove defined and in accordance with applicable laws, codes, regulations, ordinances and any other legal requirements governing the Project.
c. Contractor shall not be excused with respect to the failure to so comply by any act or omission of the Agency, the City Engineer, a City inspector, or a representative of any of them, unless such act or omission actually prevents the Contractor from fully complying with the requirements of the Project Documents, and unless the Contractor protests at the time of such alleged prevention that the act or omission is preventing the Contractor from fully complying with the Project Documents. Such protest shall not be effective unless reduced to writing and filed with the Agency within three (3) working days of the date of occurrence of the act or omission preventing the Contractor from fully complying with the Project Documents. d. Agency and Contractor recognize that time is of the essence in the performance of this Agreement and further agree that if the work called for under the Agreement is not completed within the time hereinabove specified, damages will be sustained by the Agency and that, it is and will be impracticable or extremely difficult to ascertain and determine the actual amount of damages the Agency will sustain in the event of, and by reason of, such delay. It is, therefore, agreed that such damages shall be presumed to be in the amount of $500 per calendar day, and that the Contractor will pay to the Agency, or Agency may retain from amounts otherwise payable to Contractor, such amount for each calendar day by which the Contractor fails to complete the work, including corrective items of work, under this Agreement within the time hereinabove specified and as adjusted by any changes to the work. 3 4. Changes to Work. Agency and Contractor agree that the Agency may make changes to the work, or suspend the work, and no matter how many changes, such changes or suspensions are within the contemplation of the Contractor and Agency and will not be a basis for a compensable delay claim against the Agency nor be the basis for a liquidated damage claim against the Contractor.

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: West Coast Turf
Attn: Anthony Pulizzano
PO Box 4563
Palm Desert, CA 92261

12. 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.

14. 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.

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
“CONTRACTOR”
West Coast Turf, a corporation
Executive Director
ATTEST:

By: Click or tap here to enter text.

Its: Click or tap here to enter text.

Agency Clerk
APPROVED AS TO FORM:

By:Click or tap here to enter text.

Its: Click or tap here to enter text.

Agency Attorney
Assistant Executive Director

EXHIBIT A
CONTRACTOR’S PROPOSAL
[ATTACHED]

EXHIBIT B

LIST OF SUBCONTRACTORS
[ATTACHED]

Lake Elsinore City CouncilNovember 12, 2024

Lake Elsinore City Council
November 12, 2024