Agenda packet — Lakewood City Council, January 14, 2025

AGENDA

REGULAR CITY COUNCIL MEETING

COUNCIL CHAMBERS
5000 CLARK AVENUE

LAKEWOOD, CALIFORNIA
January 14, 2025
ADJOURNED MEETING: 6:00 p.m.

CALPERS ACCELERATED PAYMENT OPTIONS EXECUTIVE BOARD ROOM It is recommended that the City Council consider reducing the cost of long-term financial obligations by discussing and providing direction as to the appropriation of reserve funds as additional discretionary payments toward the City's CalPERS Unfunded Accrued Liability (UAL) account and annually consider making additional discretionary payments from available General Fund surplus amounts.

CALL TO ORDER 7:30 p.m.

INVOCATION: Bishop Larry Carlton, Church of Jesus Christ of Latter-day Saints PLEDGE OF ALLEGIANCE: Scout Pack 134
ROLL CALL: Mayor Todd Rogers
Vice Mayor Cassandra Chase
Council Member David Arellano
Council Member Steve Croft
Council Member Jeff Wood
ANNOUNCEMENTS AND PRESENTATIONS:

ROUTINE ITEMS:

All items listed within this section of the agenda are considered to be routine and will be enacted by one motion without separate discussion. Any Member of Council may request an item be removed for individual discussion or further explanation. All items removed shall be considered immediately following action on the remaining items.

RI-1 PERSONNEL TRANSACTIONS - It is recommended City Council approve report of personnel transactions.

RI-2 REGISTERS OF DEMANDS - It is recommended City Council approve registers of demands.

RI-3 CITY COUNCIL COMMITTEES’ ACTIVITIES - It is recommended City Council receive and file the report.

RI-4 MEETING REPORTS AND AUTHORIZATIONS PURSUANT TO AB1234 - It is recommended City Council receive and file the report.

In compliance with the Americans with Disabilities Act, if you are a qualified individual with a disability and need an accommodation to participate in the City Council meeting, please contact the City Clerk’s Office, 5050 Clark Avenue, Lakewood, CA, at 562/866-9771, ext. 2200; or at [email protected] at least 48 hours in advance to ensure that reasonable arrangements can be made to provide accessibility to the meeting.

Agenda items are on file in the Office of the City Clerk, 5050 Clark Avenue, Lakewood, and are available for public review during regular business hours. Any supplemental material distributed after the posting of the agenda will be made available for public inspection during normal business hours in the City Clerk’s Office. For your convenience, the agenda and the supporting documents are available in an alternate format by request and are also posted on the City’s website at www.lakewoodcity.org City Council Agenda
January 14, 2025

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ROUTINE ITEMS: - Continued
RI-5 MONTHLY REPORTS OF INVESTMENT TRANSACTIONS – OCTOBER AND NOVEMBER 2024 - It is recommended City Council receive and file the report.

RI-6 ADDITIONAL FUNDS FOR REGIONAL GOVERNMENT SERVICES AUTHORITY FOR MANAGEMENT AND ADMINISTRATIVE SERVICES - It is recommended City Council approve Task Order 2 amending the existing on-call agreement with Regional Government Services Authority to provide initial implementation of Project Ledger Services in the amount of $100,000, bringing the total task order authorization to $150,000; and authorize the City Manager to execute Task Order 2 on behalf of the City, subject to approval as to form by the City Attorney.

LEGISLATION:

2.1 INTRODUCTION OF ORDINANCE NO. 2025-1; REGARDING SHOPPING CARTS - It is recommended City Council introduce the proposed ordinance.

REPORTS:

3.1 CALPERS ACCELERATED PAYMENT OPTIONS - It is recommended City Council consider reducing the cost of long-term financial obligations by 1) setting an appropriation and payment of $1 million from General Fund set-aside reserves toward the CalPERS Unfunded Accrued Liability (UAL) account or 2) setting aside a different appropriation and payment amount from General Fund set-aside reserves toward the CalPERS UAL account.

AGENDA

LAKEWOOD HOUSING SUCCESSOR AGENCY

1. REGISTER OF DEMANDS - It is recommended Housing Successor Agency approve registers of demands.

ORAL COMMUNICATIONS:

ADJOURNMENT

TO: The Honorable Mayor and City Council
SUBJECT: CalPERS Accelerated Payment Options

COUNCIL AGENDA
January 14, 2025

INTRODUCTION
This report is included in both the study session and regular meeting agendas. The item was partially presented to the City Council at the November 12, 2024 study session. Unfortunately, there was insufficient time to complete the presentation prior to the start of the regularly scheduled 7:30 pm meeting. The presentation at the study session will resume and not require formal action as it will focus on funding options with much of the background information having been already covered. Subsequently, the presentation at the regular meeting will be centered on the recommended formal action.

The passage of Measure L was a turning point in the City’s financial outlook. New revenues generated were largely intended to address three main objectives: continue providing valued and long-standing services to the community, address deferred infrastructure needs, and pay down long-term debt (namely pension obligations). The City has largely focused on the first two objectives and is now positioned to address paying CalPERS long-term pension obligations more proactively.

While the City’s CalPERS pension funding level (76.3%) is strong compared to most agencies (especially those with public safety employees), there are additional steps that may be taken to enhance the funding status. Over time, those actions could significantly lower the amount of interest paid on the City’s obligations and provide long-term budget relief. This is in line with the intentions of Measure L and consistent with our objective of saving future funds by paying down long-term obligations over the next 20 years.

This subject matter is technical by nature. The study session will feature a comprehensive presentation from Julio Morales, Senior Managing Director at Kosmont Financial Services with additional materials and instructive graphs to be introduced. The following material is intended to provide background information and context that will work in conjunction with Mr. Morales’ presentation on Tuesday evening.

STATEMENT OF FACT
It is important to differentiate the three cost components associated with CalPERS’ pension debt:
• Employee Share - 7% of an employee’s salary for “Classic” employees and 7.75% for employees new to CalPERS starting in 2013 (known as PEPRA Employees - Public Employees Pension Reform Act). Classic employees currently pay 5.5% of the 7% (by FY 2026-27 employees will pay the full 7%) and PEPRA Employees pay their full 7.75% share. This totals about Si.4 million, mostly paid by employees. • Normal Cost - The value of pension benefits earned by employees annually. This is approximately $1.8 million for FY 2024-25 and paid by the City.

CalPERS Accelerated Payment Options
January 14, 2025

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• Unfunded Accrued Liability (UAL) - This represents the amount needed to fund past employee service credits. It can also be viewed as the cumulative prior years’ funding shortfall, the difference between the cost of employee pension benefits accumulated (approximately $160 million) and the value of the assets it has set aside to pay for those benefits (approximately $122 million). This creates a $37.97 million gap needed to fund the full UAL, with $3.18 million representing one year’s installment payment toward the total.

The presentation and discussion during the study session will largely center on the UAL component and approaches to fund it on a more proactive basis that will benefit the City. The $37.97 million cited above is the cumulative and net amount owed for 20 years of past CalPERS pension activity. Each year that has transpired requires an individual adjustment based on a comparison between the original actuarial funding estimates and the actual performance of the City’s account activity (investments, demographics, adjustments, etc.). Some years produce a favorable adjustment and others an unfavorable one, with each year's results producing a new "amortization base" that adjusts the overall UAL and is spread over multiple years. Again, the net effect for the City is a $37.97 million funding gap. See Exhibit A (attached) for details on the annual adjustment amounts. While the total is a sizable amount, it is on the lower end of the scale when comparing it to most other municipalities.

As shown in the exhibit, the City's annual UAL $3.18 million payment to CalPERS is applied toward individual yearly adjustment amounts where there is a loss. Therefore, when looking to reduce the UAL with additional payments it is necessary to develop a targeting strategy and determine the preferred objective. Selecting to pay a shorter amortization base positively impacts cash flows by lowering the amount to be budgeted and paid short-term. Conversely, selecting a longer base maximizes the savings as it minimizes the amount of interest to accumulate over a longer period of time. This will be highlighted graphically during the presentation.

City General Fund Reserves
The City maintains sound General Fund reserve levels that are put into various classifications.

See Exhibit B. These funds are invested as part of the City's overall investment portfolio with yields varying annually based on market conditions, with most current investment yields between 4% and 5%. Combined, two of the General Fund reserve classifications have earmarked funds for pension and personnel obligations totaling approximately $7.9 million, This includes $1 million set aside for this specific purpose and approximately $6.9 million maintained in broader General Fund reserves as Pension and Personnel obligations with a significant CalPERS-linked component. Further detail on this is provided in Exhibit B. By remitting any portion of the above funds to CalPERS, the City can benefit from CalPERS’ formally anticipated

6.8% rate of return. Staff’s recommendation is to submit the $1 million mentioned above and gather Council feedback regarding the possibility of additional reserve funds being remitted to CalPERS over the next two years for potentially a greater yield on investment. Spacing out the payments could be advantageous as it may help mitigate timing risk. As we know, CalPERS investments (like any other) can greatly fluctuate from one year to another.

CalPERS Accelerated Payment Options
January 14, 2025

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STAFF RECOMMENDATION
It is recommended that the City Council consider reducing the cost of long-term financial obligations by discussing and providing direction as to the appropriation of reserve funds as additional discretionary payments toward the City's CalPERS Unfunded Accrued Liability (UAL) account and annually consider making additional discretionary payments from available General Fund surplus amounts.

Ail
Jose Gomez
Director of Administrative Services
Thaddeus McCormack
City Manager
CalPERS Accelerated Payment Options
January 14, 2025

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Exhibit A
Amortization Bases - June 30, 2025
$37,973,517 $3,180,626
Year Reason Term UAL Payment
1 2004 Method Change NO 1 (37,933) (39,202)
2 2009 Assumption Change NO 6 1,726,370 326,431
3 2009 Special (Gain}/Loss NO 16 2,529,068 214,170
4 2010 Special (Gain)/Loss NO 17 868,886 70,446
5 2011 Assumption Change NO 8 1,527,536 224,673
6 2011 Special (Gain)/Loss NO 18 (1,186,488) (92,407)
7 2012 (Gain)/Loss NO 19 139,046 10,434
8 2012 Payment (Gain)/Loss NO 19 61,592 4,622
9 2013 (Gain)/Loss 100% 20 14,398,142 1,123,031
10 2014 (Gain)/Loss 100% 21 (13,724,450) (1,031,273)
11 2014 Assumption Change 100% 11 5,187,095 692,978
12 2015 (Gain)/Loss 100% 22 3,808,112 276,402
13 2016 (Gain)/Loss 100% 23 8,113,997 570,240
14 2016 Assumption Change 100% 13 2,103,413 238,102
15 2017 (Gain)/Loss 100% 24 (4,144,319) (282,622)
16 2017 Assumption Change 100% 14 2,899,652 306,166
17 2018 (Gain)/Loss 100% 25 (284,973) (18,895)
18 2018 Assumption Change 100% 15 4,658,001 461,930
19 2018 Method Change 100% 15 1,262,731 125,224
20 2019 Investment (Gain)/Loss 100% 16 680,876 68,822
21 2019 Non-lnvestment (Gain)/Loss NO 16 606,887 61,344 22 2020 Investment (Gain)/Loss 80% 17 3,320,083 264,615 23 2020 Non-lnvestment (Gain)/Loss NO 17 (960,471) (93,879) 24 2021Assumption Change NO 18 745,439 70,676
25 2021Net Investment (Gain) 60% 18 (16,931,289) (1,018,020) 26 2021 Non-lnvestment (Gain)/Loss NO 18 (1,658,907) (157,284) 27 2021 Risk Mitigation NO 0 - -
28 2021 Risk Mitigation Offset NO 0 - -
29 2022 Benefit Change NO 19 209,239 19,297
30 2022 Investment (Gain)/Loss 40% 19 23,137,142 951,104 31 2022 Non-lnvestment (Gain)/Loss NO 19 1,734,932 160,000 32 2023 Investment (Gain)/Loss 20% 20 1,070,951 23,020
33 2023 Non-investment (Gain)/Loss NO 20 (3,886,843) (349,519) CalPERS Accelerated Payment Options
January 14, 2025

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Exhibits
FY 2023-24 Financial Statement Excerpt - General Fund Reserves Type of Reserve Amount
Nonspendable
Prepaiditems 58,327
Inventories 92,241
Receivables from Successor Agency 11,096,154
Committed
Self Insurance 4,000,000
Pension and Personnel obligations 6,894,823
Capital projects 7,020,709
Refuse stabilization 1,964,966
Economic uncertainties 16,684,127
Assigned
Infrastructure Development 6,000,000
ARPA Exchange (balance) 7,420,410
Measure L CIP Reserve 9,263,687
Equipment Replacement 2,384,230
Contract emergency services 2,576,423
Legal Fees Contingency 1,300,000
Pension Obligations Paydown 1,000,000
Measure L Long-Term Reserve 18,600,000
Unassigned 2,616,589
TOTAL FUND BALANCE $ 98,972,686
* Details are as follows:
$ 4,417,438 Combined CalPERS Norma! Costand UALobligations for one year 461,304 PARS UAL Normal Cost and UALobligations for one year 2,016,081 Employee compensated absences (the value of all vacation and sick leave balances) $ 6,894,823 Total

COUNCIL AGENDA
January 14, 2025
TO: The Honorable Mayor and City Council
SUBJECT: Report of Personnel Transactions
Name Title Schedule
Effective
Date

FULL-TIME EMPLOYEES
A. Appointments
Ruby Picon Management Analyst 24B 12/09/2024
Takema Willis Parking Control Officer 08A 12/22/2024
B. Changes
Jacob Bogarin Administrative Assistant II 22B to
Utility Billing Supervisor 24B 01/05/2025
C. Separations
Orlando Arroyo Parking Control Officer 08A 12/30/2024
Jose Cortez Graphic & Media Technician 14A 12/19/2024
Elizabeth Perez Utillity Billing Supervisor 24B 01/03/2025

PART-TIME EMPLOYEES
A. Appointments
Daniel Gonzalez Maintenance Trainee I B 12/09/2024
Julie Magana Community Services Leader IV B 12/08/2024
Ryan Simmons Maintnenance Trainee I B 01/06/2025
B. Changes
None
C. Separations
David Kiehl Maintenance Trainee II B 12/31/2024
Anthony Hernandez Maintenance Services Aide IV B 01/10/2025 RI-1

CITY OF LAKEWOOD
FUND SUMMARY 12/12/2024
In accordance with section 2521 of the Lakewood Municipal Code, presented herewith is a summary of obligations to be paid by the City of Lakewood. Each of the following demands has been audited by the Director of Finance and Administrative Services and approved by the City Manager. 1010 GENERAL FUND 936,114.61
1030 CDBG CURRENT YEAR 3,241.17
1090 LAKEWOOD EQUESTRIAN CENTER 19,482.09
1371 JAG GRANT 20,043.00
1500 MISC-SPECIAL REVENUE FUND 8,865.00
1621 LA CNTY MEASURE R 2,922.50
1622 LA CNTY MEASURE M 38,259.52
1623 LA CNTY MEASURE W-REGIONAL 674.39
3001 CAPITAL IMPROV PROJECT FUND 56,171.00
3015 ROAD MA1NTC & REHAB ACCT 34,860.95
5010 GRAPHICS AND COPY CENTER 1,066.24
5020 CENTRAL STORES 2,338.63
5030 FLEET MAINTENANCE 8,297.90
7500 WATER UTILITY FUND 92,710.99
8030 TRUST DEPOSIT 1,475.66
1,226,523.65
Council Approval
Date City Manager
Attest
City Clerk Director of Finance and Administrative Services Ri-2

CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
12/12/2024 ABRUSCATO. DIANA 858.00
12/12/2024 ADAMS-HILLERY SHARRON 3,225.00
12/12/2024 AEF SYSTEMS CONSULTING INC 465.00
12/12/2024 ALLCITY MANAGEMENT SERVICES INC 12,050.13
12/12/2024 AMAZON CAPITAL SERVICES INC 508.52
12/12/2024 ARDURRA GROUP INC 48,170.32
12/12/2024 AT&T ENTERPRISES LLC 58.58
12/12/2024 B&M LAWN AND GARDEN INC 288.33
12/12/2024 BELL CITY OF 100.00
12/12/2024 BIG STUDIO INC 1,404.59
12/12/2024 TWO SHELLS ENTERPRISES INC 178.00
12/12/2024 BRIZUELA XOCHITL 228,80
12/12/2024 BUCKNAM PETER JOSEPH 2,922.50
12/12/2024 CAL STATE AUTO PARTS INC 812.70
12/12/2024 SEMA INC 1,066.24
12/12/2024 CERRITOS. CITY OF 72,570.14
12/12/2024 CINTAS CORPORATION 147.72
12/12/2024 CINTAS CORPORATION 375.08
12/12/2024 CJ CONCRETE CONSTRUCTION INC 34,860.95
12/12/2024 CLEANCOR HOLDINGS LLC DBA CLEANCOR LNG 465.00 12/12/2024 CAMERON WELDING SUPPLY 142.68
12/12/2024 COCHICO. WILFRED Z 32.10
12/12/2024 DG INVESTMENT INTERMEDIATE HOLDINGS 2 INC 3,532.09 12/12/2024 CORELOGIC INC 48.50
12/12/2024 COUCH. RON JR 480.00
12/12/2024 D&J INTERNATIONAL INC 796.56
12/12/2024 DANIEL'S TIRE SERVICE INC 75.20
12/12/2024 DELTA DENTAL INSURANCE COMPANY 839.13
12/12/2024 DELTA DENTAL OF CALIFORNIA 8,372.69
12/12/2024 DIRECTV INC 46.25
12/12/2024 DIVE/CORR INC 2,750.00
12/12/2024 DUNRITE PEST CONTROL INC 505.00
12/12/2024 EAST LONG BEACH POOL SUPPLY 126.48
12/12/2024 ECOBRITE SERVICES LLC 851,42
12/12/2024 BDCO WASTE SERVICES LLC 8,087.73
12/12/2024 INTERNATIONAL E-Z UP INC 1,246.93
12/12/2024 GIACHELLO. LENNY 390.00
12/12/2024 HACIENDA SOSEGADO LLC 10,836.50
12/12/2024 HARA M LAWNMOWER CENTER 172.96
12/12/2024 HOME DEPOT 1,045.30
12/12/2024 JHM SUPPLY INC 621.87
12/12/2024 KOSMONT& ASSOCIATES INC 6,735.30
12/12/2024 LAKEWOOD. CITY OF 100.00
12/12/2024 LOPEZ.ADRIANA 8,865.00

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CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
12/12/2024 LOS ANGELES CO SHERIFFS DEPT 59,457.23
12/12/2024 LA COUNTY DEPT OF PUBLIC WORKS 196,218.73
12/12/2024 LA COUNTY DEPT OF PUBLIC WORKS 79,362.48
12/12/2024 MAGIC JUMPRENTALS INC 774.80
12/12/2024 MAINTEX INC 375.14
12/12/2024 LEON MANUEL 545.00
12/12/2024 MAYFAIR HIGH SCHOOL 300.00
12/12/2024 MEGA FUME INC 18,516.00
12/12/2024 MERRIMAC PETROLEUM INC 3,247.73
12/12/2024 MILLER DON & SONS 48.21
12/12/2024 NSWC MECHANICAL SERVICE LLC 6,008.00
12/12/2024 O'REILLYAUTOMOTIVE STORES INC 587.59
12/12/2024 ODP BUSINESS SOLUTIONS LLC 79.52
12/12/2024 ORANGE COUNTY TANK TESTING INC 1,233.27
12/12/2024 DY-JO CORPORATION 570.00
12/12/2024 PHASE II SYSTEMS INC 2,986.79
12/12/2024 UAG CERRITOS I LLC 8.29
12/12/2024 PLAYPOWER LT FARMINGTON INC 1,156.58
12/12/2024 PUN GROUP. THE LLP 8,200.00
12/12/2024 OUADIENT LEASING USA INC 1,074.22
12/12/2024 REGIONAL GOVERNMENT SERVICES AUTHORITY 18,775.20 12/12/2024 RCS SAFETY LLC 32,459.52
12/12/2024 S C SIGNS AND SUPPLIES LLC 5,800.00
12/12/2024 S.T.E.A.M. 315,531.52
12/12/2024 SERVICEWEAR APPAREL INC 53.80
12/12/2024 SNAP-ON INDUSTRIAL 79.81
12/12/2024 SOUNDTHINKING INC 60,785.00
12/12/2024 SOUTHERN CALIFORNIA EDISON CO 43,235.16
12/12/2024 SOUTHERN CALIFORNIA GAS CO 456,30
12/12/2024 SOUTHWEST PATROL INC 19,844.00
12/12/2024 SPASEFF TED C 480.00
12/12/2024 STANDARD INSURANCE CO UNIT 22 2,125.10
12/12/2024 STANDARD INSURANCE CO UNIT 22 11,332.46
12/12/2024 TGIS CATERING SVCS INC 4,452.12
12/12/2024 TRAFFIC MANAGEMENT INC 3,134.82
12/12/2024 UNDERGROUND SERVICE ALERT 158.00
12/12/2024 CELLCO PARTNERSHIP 9,942.04
12/12/2024 VISION SERVICE PLAN 4,471.99
12/12/2024 WALTERS WHOLESALE ELECTRIC CO 328.74
12/12/2024 WATERLINE TECHNOLOGIES INC 2,510.28
12/12/2024 WAXIE ENTERPRISES INC 991.31
12/12/2024 COMPREHENSIVE PRINT GROUPLLC 9,589.57
12/12/2024 WESTERN WATER WORKS SUPPLY CO 295.59
12/12/2024 WILBER. BILL 28.00

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CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
12/12/2024 WILLDAN ASSOCIATES 56,171.00
12/12/2024 WYNN. LAKYN 185.25
12/12/2024 ADZA. RYAN 327.20
12/12/2024 BENNETT. LAURIE 150.00
12/12/2024 BRENES-ANGEL. AMBER 75.00
12/12/2024 CALLEROS. CAROLINE 75.00
12/12/2024 CHARBONEAU. JUSTIN 150.00
12/12/2024 CHERRICK. DARRELL BRAD 45.32
12/12/2024 DAUS. ALLAN 150.00
12/12/2024 ERMOLENKO. JENNIFER 150.00
12/12/2024 FLORES. MIGUEL 50.00
12/12/2024 GUZMAN. JESSE 150.00
12/12/2024 HELLER. ROBERT 150.00
12/12/2024 HOUT. THIRITH 150.00
12/12/2024 HOWLETT. JAMES 75.00
12/12/2024 KENNEDY. AMBERLEB 540.00
12/12/2024 MALALUAN. ROWEN 150.00
12/12/2024 MCADAMS. FELICIA 150.00
12/12/2024 PAGATPATAN. RONALD 150.00
12/12/2024 PERRY. BRAD 75.00
12/12/2024 PLOTKIN. GRACE 150.00
12/12/2024 . PREETSINGH.JASHAN 150.00
12/12/2024 QUINTANA.ANGELICA 250.00
12/12/2024 RHODES. CLARENCE 150.00
12/12/2024 RUSSEL. JAY 150.00
12/12/2024 SHU. WEI 150.00
12/12/2024 STEED. NICOLE 250.00
12/12/2024 TRAN. DEAN 150.00
12/12/2024 TRUESDALE. JASON 435.00
12/12/2024 VEGA. ALMA 150.00
12/12/2024 WILLIAMS. ANGELA 54.68
12/12/2024 WILLIAMS. DAMIEN 150.00
12/12/2024 WRENN. ELAINE 150.00
Total: 1,226,523.65

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CITY OF LAKEWOOD
FUND SUMMARY 12/19/2024
In accordance with section 2521 of the Lakewood Municipal Code, presented herewith is a summary of obligations to be paid by the City of Lakewood. Each of the following demands has been audited by the Director of Finance and Administrative Services and approved by the City Manager. 1010 GENERAL FUND 1,405,602.64
1015 SPECIAL OLYMPICS 2,150.00
1030 CDBG CURRENT YEAR 1,166.66
1090 LAKEWOOD EQUESTRIAN CENTER 1,389.60
1336 STATE COPS GRANT 16,666.66
3070 PROPOSITION "C 758.08
5020 CENTRAL STORES 3,509.55
5030 FLEET MAINTENANCE 6,779.91
7500 WATER UTILITY FUND 56,479.43
8020 LOCAL REHAB LOAN 243.00
8030 TRUST DEPOSIT 40,253.21
1,534,998.74
Council Approval
Date City Manager
Attest
City Clerk Director of Finance and Administrative Services

CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
12/12/2024 PIERSON, CLAIRE L 8.67
12/19/2024 MARK, ADAM 264.60
12/19/2024 AGRI-TURF DISTRIBUTING 583.66
12/19/2024 ALS GROUP USA CORP 1,523.92
12/19/2024 AMAZON CAPITAL SERVICES INC 1,839.31
12/19/2024 ROSS AVIATION INVESTMENT LLC 4,638.96
12/19/2024 B & H FOTO & ELECTRONICS CORP 192.94
12/19/2024 BIG STUDIO INC 1,162.02
12/19/2024 BREA. CITY OF 40,545.00
12/19/2024 CAL STATE AUTO PARTS INC 383.54
12/19/2024 CALIF. STATE DISBURSEMENT UNIT 877.49
12/19/2024 CALIF STATE FRANCHISE TAX BOARD 75.00
12/19/2024 CALIFORNIA CONTRACT CITIES ASN 1,450.00
12/19/2024 CALIFORNIA STATE DEPT OF JUSTICE 128.00
12/19/2024 CHICAGO TITLE CO 234.00
12/19/2024 CINTAS CORPORATION 68.09
12/19/2024 COMMUNITY FAMILY GUIDANCE CTR 583.33
12/19/2024 CORODATA SHREDDING INC 41.95
12/19/2024 DATA TICKET INC 205.58
12/19/2024 DIAMOND ENVIRONMENTAL SERVICES LP 320.00
12/19/2024 EDCO WASTE SERVICES LLC 9,698.50
12/19/2024 FLUE STEAM INC 320.00
12/19/2024 FONTELA. THAO 1,649.05
12/19/2024 FRONTIER CALIFORNIA INC 2,035.83
12/19/2024 GANAHL LUMBER COMPANY 3.85
12/19/2024 GLASBY MAINTENANCE SUPPLY CO 317.69
12/19/2024 GRAINGER WWINC 138.81
12/19/2024 GROH. MARK LEE 792.00
12/19/2024 H&HNURSERY 46.27
12/19/2024 HAGAN RONALD 1,040,00
12/19/2024 HARA M LAWNMOWER CENTER 64.43
12/19/2024 HERMAN. LINDA 300.00
12/19/2024 HIRSCH & ASSOCIATES INC 2,942.00
12/19/2024 HOME DEPOT 5,545.18
12/19/2024 INFOSEND INC 12,837.52
12/19/2024 JAKSE SECOND STORE LLC 2,150.00
12/19/2024 JHM SUPPLYING 1,751.99
12/19/2024 JIS PALOMO'S STEEL INC 48.12
12/19/2024 JONES RICHARD D. A PROF LAW CORP 17,752.50
12/19/2024 KOSMONT TRANSACTIONS SERVICES INC 5,483.40
12/19/2024 LAGERLOF. LLP 900.00
12/19/2024 LAKEWOOD CHAMBER OF COMMERCE 2,500.00
12/19/2024 LIFTECH ELEVATOR SERVICES INC 4,975.00
12/19/2024 LONG BEACH CITY GAS & WATER DEPT 611.66
12/19/2024 LOS ANGELES CO SHERIFFS DEPT 1,137,801.66

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CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
12/19/2024 LA COUNTY DEPT OF PUBLIC WORKS 11,351.98
12/19/2024 MACAULAY CHRISTINA 275.00
12/19/2024 LEON MANUEL 815.00
12/19/2024 MIDAMERICAADMIN & RETIREMENT 714.00
12/19/2024 MOORE IACOFANO GOLTSMAN INC 11,012.02
12/19/2024 NADA BUS INC 4,790.00
12/19/2024 O'REILLYAUTOMOTIVE STORES INC 520.43
12/19/2024 ODP BUSINESS SOLUTIONS LLC 348.31
12/19/2024 PATHWAYS VOLUNTEER HOSPICE 583.33
12/19/2024 PAYMENTUS CORPORATION 9,373.27
12/19/2024 PLAYPOWER LT FARMINGTON INC 1,482.09
12/19/2024 POLLARD JOSEPH G COMPANY INC 290.16
12/19/2024 OUADIENT LEASING USA INC 854.84
12/19/2024 RAFTELIS FINANCIAL CONSULTANTS LLC 805.00
12/19/2024 S.T.E.AM. 19,619.85
12/19/2024 SCELZI ENTERPRISES INC 4,429.00
12/19/2024 SECTRAN SECURITY INC 223.26
12/19/2024 SKYHAWKS SPORTS ACADEMY LLC 617.50
12/19/2024 SMART & FINAL INC 246.52
12/19/2024 SNAP-ON INDUSTRIAL 329.75
12/19/2024 SO CALIF SECURITY CENTERS INC 123.80
12/19/2024 SOUTHERN CALIFORNIA EDISON CO 119.87
12/19/2024 SOUTHERN CALIFORNIA GAS CO 4,572.22
12/19/2024 SOUTHLAND INDUSTRIES 960.00
12/19/2024 CHARTER COMMUNICATIONS HOLDINGS LLC 6,189.72 12/19/2024 STATE WATER RESOURCES CONTROLBOARD 3,630.00
12/19/2024 STEVEN ENTERPRISES 542.55
12/19/2024 T2 SYSTEMS INC 95.00
12/19/2024 WESTERN EXTERMINATOR COMPANY 233,69
12/19/2024 TERRA REALTYADVISORS INC 649.16
12/19/2024 TETRATECH INC 16,372.50
12/19/2024 U S POSTAL SERVICE 350.00
12/19/2024 WATER SYSTEM SERVICES LLC 195.00
12/19/2024 WATERLINE TECHNOLOGIES INC 2,980.95
12/19/2024 WAXIE ENTERPRISES INC 1,844.20
12/19/2024 WEST COAST ARBORISTS INC 143,070.10
12/19/2024 WILLDAN ASSOCIATES 2,182.50
12/19/2024 WOOD RODGERS INC 12,385.00
12/19/2024 WYNN. LAKYN 117.00
12/19/2024 AVILA. KAUI 250.00
12/19/2024 BRITTON. DINA 250.00
12/19/2024 CIC 9.00
12/19/2024 GRIAR. GAUDENCIO JR. 250.00
12/19/2024 HERNANDEZ. PATRICIA 250.00

Page 2 of 3 ends

CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
12/19/2024 HOWLETT. JAMES 75.00
12/19/2024 HUGHES. SAVANNAH
12/19/2024 JAJU. NARAYAN
12/19/2024 LAKEWOOD GARDEN CLUB
12/19/2024 MELENDEZ. KATRINA
12/19/2024 MILLER. THOMAS
12/19/2024 MILLER. THOMAS
12/19/2024 MILLER. THOMAS
12/19/2024 PLASCENCIA. ARIZBETH
12/19/2024 RODRIGUEZ. MONICA
12/19/2024 SEN. KRISNA
12/19/2024 WADE. MYRITTANY
12/19/2024 WILLIAMS, DAMIEN
12/19/2024 ALTUNA,JEREMY

60.00 128.76
250.00
106.11
150.00

75.00 150.00
250.00

60.00 150.00
250.00
150.00

8.78 Total: 1,534,998.74

Page 3 of 3 ends

CITY OF LAKEWOOD
FUND SUMMARY 12/26/2024
In accordance with section 2521 of the Lakewood Municipal Code, presented herewith is a summary of obligations to be paid by the City of Lakewood. Each of the following demands has been audited by the Director of Finance and Administrative Services and approved by the City Manager. 1010 GENERAL FUND 212,568.93
1015 SPECIAL OLYMPICS 50.00
1090 LAKEWOOD EQUESTRIAN CENTER 11,393.98
1621 LACNTY MEASURE R 3,132.00
1623 LA CNTY MEASURE W-REGIONAL 1,140.30
1624 LA CNTY MEASURE W-LOCAL 58,640.65
1744 LA COUNTY REGIONAL OPEN SPACE 250.00
3070 PROPOSITION "C” 218.85
5020 CENTRAL STORES 2,405.79
5030 FLEET MAINTENANCE 662.87
7500 WATER UTILITY FUND 86,502.70
8030 TRUST DEPOSIT 1,267.50
378,233.57
Council Approval
Date City Manager
Attest
City Clerk Director of Finance andAdministrative Services

CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
12/26/2024 AGRI-TURF DISTRIBUTING 2,289.65
12/26/2024 ALL CITY MANAGEMENT SERVICES INC 6,341.34
12/26/2024 AMAZON CAPITAL SERVICES INC 626.80
12/26/2024 ARC DOCUMENT SOLUTIONS LLC 1,256.76
12/26/2024 ARDURRA GROUP INC 250.00
12/26/2024 CALIF. STATE DISBURSEMENT UNIT 680.76
12/26/2024 CALIF STATE FRANCHISE TAX BOARD 225.34
12/26/2024 CERRITOS. CITY OF 23,370.72
12/26/2024 CINTAS CORPORATION 30.00
12/26/2024 CINTAS CORPORATION 187.54
12/26/2024 CAMERON WELDING SUPPLY 366.55
12/26/2024 COLOR CARD ADMINISTRATOR CORP 75.08
12/26/2024 DG INVESTMENT INTERMEDIATE HOLDINGS 2 INC 19,432.00 12/26/2024 DELL MARKETING LP 6,426.64
12/26/2024 DIAMOND ENVIRONMENTALSERVICES LP 557.48
12/26/2024 GALLS PARENT HOLDINGS LLC 171.76
12/26/2024 GONSALVES JOE A & SON 4,752.00
12/26/2024 GOVERNMENT FINANCE OFFICERS ASSOC 610,00
12/26/2024 HACIENDA SOSEGADO LLC 10,836.50
12/26/2024 HARRELL& COMPANY ADVISORS LLC 12,750.00
12/26/2024 HIRSCH CLOSSON 742.50
12/26/2024 HOME DEPOT 2,777.66
12/26/2024 HOME DEPOT 60.97
12/26/2024 HUNTER. JOHN L & ASSOCIATES 14,840.15
12/26/2024 INFOSEND INC 8,977.88
12/26/2024 JJS PALOMO'S STEEL INC 99.23
12/26/2024 KICK IT UP KIDZ LLC 702.00
12/26/2024 LONG BEACH. CITY OF 889.77
12/26/2024 MAINTEX INC 375.14
12/26/2024 MARKLEY. ELIZABETH 87.75
12/26/2024 MATHESONTRI-GAS INC 560.68
12/26/2024 MC ENROE. BARBARA 304.20
12/26/2024 MC MASTER-CARR SUPPLY CO 114.28
12/26/2024 MOSES-CALDERA. ISABEL 741.00
12/26/2024 NATIONAL UNION FIRE INSURANCE CO 345.10
12/26/2024 NGUYEN. DEREK 256.58
12/26/2024 NORWALK. CITY OF 5,500.00
12/26/2024 US BANCORP ASSET MANAGEMENT INC 6,266.79
12/26/2024 RON'S MAINTENANCE INC 8,675.00
12/26/2024 STEARNS CONRAD & SCHMIDT CONSLT ENG 9,070.00 12/26/2024 SIGNAL HILL AUTO ENTERPRISES INC 385.32
12/26/2024 SO CALIF SECURITY CENTERS INC 19,693.32
12/26/2024 SOUTHERN CALIFORNIA EDISON CO 53,079.44
12/26/2024 SOUTHLAND INDUSTRIES 40,210.61

Page 1 of 2 ends

CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
12/26/2024 STATE WATER RESOURCES CONTROLBOARD 58,669.00 12/26/2024 SYKAHUA TEMUJIN 386.10
12/26/2024 TGIS CATERING SVCS INC 12,243.32
12/26/2024 THE RINKS-LAKEWOOD ICE 409.50
12/26/2024 U S BANK NATIONAL ASSOCIATION 23,522.39
12/26/2024 U S BANK NATIONAL ASSOCIATION 7,197.64
12/26/2024 U S BANK NATIONAL ASSOCIATION 791.30
12/26/2024 WAXIE ENTERPRISES INC 1,140.03
12/26/2024 WILLDAN ASSOCIATES 4,782,00
12/26/2024 YBARRA. ALBERT JR 275.00
12/26/2024 DURHAM. LEE 150.00
12/26/2024 GURDASANI. SIDDHARTH 150.00
12/26/2024 MEDINA. CARLA 250.00
12/26/2024 MUNOZ. FRANCISCO 75.00
12/26/2024 OROZCO. DANIEL 250.00
12/26/2024 PADILLA. OSCAR 250.00
12/26/2024 RIVERA. DEBBIE 250.00
12/26/2024 RODRIGUEZ. HELEHN 150.00
12/26/2024 THOMPSON. JON 250.00
12/26/2024 VEGA.YAZA 150.00
12/26/2024 VEGA.YAZA 150.00
12/26/2024 VILLAIRE. MICHAEL 150.00
12/26/2024 VILLAIRE. MICHAEL 150.00
12/26/2024 VILLAIRE. MICHAEL 200,00
12/26/2024 WILSON. JASMYN 250.00
Total: 378,233.57

Page 2 of 2 ends

CITY OF LAKEWOOD
SUMMARY ACH/WIRE REGISTER DECEMBER 2024
ACH date Amount Recipient
12/6/24 $149.00 The Technology Depot
12/6/24 $134,835.29 CalPERS
12/6/24 $129,284.54 CalPERS
12/11/24 $679,213.21 Various
12/11/24 $121,973.43 IRS via F&M
12/12/24 $15,569.97 VOYA 401A
12/12/24 $43,363.77 VOYA 457B
12/12/24 $2,847.19 MidAmerica
12/12/24 $3,425.00 PARS via U.S. Bank
12/12/24 $4,502.73 PARS via U.S. Bank
12/12/24 $34,959.62 EDD
12/12/24 $1,200,000.00 CAMP
12/13/24 $8,901.50 The Technology Depot
12/13/24 $200.00 LA-RICS
12/17/24 $25,496.61 MidAmerica
12/19/24 $3,042.06 CalPERS
12/19/24 $1,305.60 CalPERS
12/20/24 $564,360.25 Edco Waste
12/20/24 $3,500.00 US Bank Trust
12/20/24 $25,000.00 Jones Hall
12/23/24 $686,906.62 Various
12/23/24 $1,000,000.00 CAMP
12/24/24 $121,005.28 IRS via F&M
12/24/24 $304,018.00 CalPERS
12/24/24 $11.78 IRS via F&M
12/26/24 $34,070.36 EDD
12/26/24 $133,387.24 CalPERS
12/27/24 $2,575.00 LCEA
12/27/24 $15,432.75 VOYA 401A
12/27/24 $43,488.77 VOYA 457B
12/27/24 $7,927.72 PARS via U.S. Bank
12/27/24 $3,426.19 MidAmerica
12/27/24 $17.46 IRS via F&M
12/31/24 $5,000,000.00 CAMP
Purpose
Communications Services1of 2
Payroll - Retirement Plan
Employee Medical Premiums
Employee Payroll
Payroll - Federal Taxes
Payroll -Deferred Compensation
Payroll - Deferred Compensation
Retiree Medical Benefit
Payroll - Retirement Plan 1of 2
Payroll - Retirement Plan 2 of 2
Payroll - State Taxes
City Investment Deposit
Communications Services 2 of 2
P.S. Radio Service Subscription
Retiree Medical Benefit
Payroll - Retirement Plan
Payroll - Retirement Plan
Residential Waste Pick Up
Annual Admin Fee
Bond Counsel
Employee Payroll
City Investment Deposit
Payroll - Federal Taxes
Payroll-UAL
Payroll - Federal Taxes
Payroll -State Taxes
Payroll - Retirement Plan
Employee Paid Dues
Payroll -Deferred Compensation
Payroll - Deferred Compensation
Payroll - Retirement Plan1of1
Retiree Medical Benefit
Payroll - Federal Taxes
City Investment Deposit
Period
December 2024
Nov 10-23, 2024
December 2024
Nov 24-Dec 7, 2024
Nov 24-Dec 7, 2024
Nov 24-Dec 7, 2024
Nov 24-Dec 7, 2024
Nov 24-Dec 7, 2024
Nov 24-Dec 7, 2024
Nov 24-Dec 7, 2024
Nov 24-Dec 7, 2024
December 2024
December 2024
December 2024
December 2024
December 2024
December 2024
December 2024
December 2024
December 2024
Dec 8-21, 2024
December 2024
Dec 8-21, 2024
December 2024
Dec 26, 2024
Dec 8-21, 2024
Nov 24-Dec 7, 2024
December 2024
Dec 8-21, 2024
Dec 8-21, 2024
Dec 8-21, 2024
Dec 8-21, 2024
Dec 27, 2024
December 2024
Council Approval
Date City Manager
Attest:

City Clerk Director of Finance & Administrative Services

CITY OF LAKEWOOD
FUND SUMMARY 01/02/2025
In accordance with section 2521 of the Lakewood Municipal Code, presented herewith is a summary of obligations to be paid by the City of Lakewood. Each of the following demands has been audited by the Director of Finance and Administrative Services and approved by the City Manager. 1010 GENERAL FUND 167,606.80
1030 CDBG CURRENT YEAR 8,681.50
1090 LAKEWOOD EQUESTRIAN CENTER 44,175.22
1500 MISC-SPECIAL REVENUE FUND 9,973.70
1622 LA CNTY MEASURE M 47,901.00
3001 CAPITAL IMPROV PROJECT FUND 196.00
3070 PROPOSITION "C" 241.97
5020 CENTRAL STORES 1,293.38
5030 FLEET MAINTENANCE 22,225.18
7500 WATER UTILITY FUND 16,817.10
319,111.85
Council Approval
Date City Manager
Attest
City Clerk Director of Finance andAdministrative Services

CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
01/02/2025 SHAKER NERMINE 1,925.00
01/02/2025 ADAMS-HILLERY SHARRON 3,225.00
01/02/2025 COASTAL OCCUPATIONAL MEDICALGROUP 260.00
01/02/2025 AMAZON CAPITAL SERVICES INC 6,628.32
01/02/2025 AMCS GROUP INC 1,707.48
01/02/2025 BANG DAVID ASSOCIATES INC 4,314.81
01/02/2025 BEAR COMMUNICATIONS INC 1,305.91
01/02/2025 CAL STATE AUTO PARTS INC 314.65
01/02/2025 CINTAS CORPORATION 147.72
01/02/2025 CLEANCOR HOLDINGS LLC DBA CLEANCOR LNG 465.00 01/02/2025 COLOR CARDADMINISTRATOR CORP 225.23
01/02/2025 COUCH. RON JR 240.00
01/02/2025 DAHLIN GROUP INC 27,406.86
01/02&025 DANIEL'S TIRE SERVICE INC 477.31
01/02/2025 DIRECTV INC 46.25
01/02/2025 GOLDEN STATE WATER COMPANY 10,734.56
01/02/2025 HOME DEPOT 3,378.55
01/02/2025 KILEY GREGORY THOMAS 3,750.00
01/02/2025 LONG BEACH. CITY OF 872.22
01/02/2025 LOS ANGELES CO DISTATTORNEY 55,027.07
01/02/2025 LOS ANGELES CO SHERIFFS DEPT 16,923.09
01/02/2025 LEON MANUEL 290.00
01/02/2025 MERRIMAC PETROLEUM INC 16,971.03
01/02/2025 NESTLE WATERS NORTH AMERICA 162.03
01/02/2025 O'REILLYAUTOMOTIVE STORES INC 446.30
01/02/2025 ODPBUSINESS SOLUTIONS LLC 160.13
01/02/2025 OPUS INSPECTION INC 1,405.69
01/02/2025 PALINGENESIS CREATIVE GROUP LLC 340.33
01/02/2025 RAYVERN LIGHTING SUPPLY CO INC 303.30
01/02/2025 THE MAHER CORPORATION 10,980.00
01/02/2025 ROGUE AVIATION INC 4,325.64
01/02/2025 SERVICEWEAR APPAREL INC 454.34
01/02/2025 SIEGEL. THEODORE 150.00
01/02/2025 SOUTHERN CALIFORNIA EDISON CO 8,407.68
01/02/2025 SOUTHERN CALIFORNIA EDISON 50,713.69
01/02/2025 SOUTHWEST PATROL INC 19,680.00
01/02/2025 SPASEFF TED C 240.00
01/02/2025 SYKAHUA TEMUJIN 912.60
01/02/2025 T-MOBILE USA INC 389.20
01/02/2025 THE RINKS-LAKEWOOD ICE 81.90
01/02/2025 ULINE 521.94
01/02/2025 CELLCO PARTNERSHIP 1,312.42
01/02/2025 WAXIE ENTERPRISES INC 907.60
01/02/2025 WESTERN EXTERMINATOR CO 80.00

Page 1 of 2 ends

CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
01/02/2025 WILLDAN ASSOCIATES 51,451.00
01/02/2025 ALVAREZ. MARINI 250.00
01/02/2025 CIPOLLONE. CONNIE 250.00
01/02/2025 GATHIER. SHARON 250.00
01/02/2025 MILLER. THOMAS 50.00
01/02/2025 PALISADES RESTAURANT GROUP 8,000.00
01/02/2025 PERALTA. LORENA 250.00
Total: 319,111.85

Page 2 of 2 ends

CITY OF LAKEWOOD
FUND SUMMARY 1/9/2025
In accordance with section 2521 of the Lakewood Municipal Code, presented herewith is a summary of obligations to be paid by the City of Lakewood. Each of the following demands has been audited by the Director of Finance and Administrative Services and approved by the City Manager. 1010 GENERAL FUND 534,817.96
1030 CDBG CURRENT YEAR 3,933.33
1090 LAKEWOOD EQUESTRIAN CENTER 33,082.25
1500 MISC-SPECIAL REVENUE FUND 9,456.55
1621 LA CNTY MEASURE R 4,822.50
1622 LA CNTY MEASURE M 1,018.47
1623 LA CNTY MEASURE W-REGIONAL 637.04
1744 LA COUNTY REGIONAL OPEN SPACE 13.49
3070 PROPOSITION "C" 1,109.48
5010 GRAPHICS AND COPY CENTER 394.81
5020 CENTRAL STORES 1,128.77
5030 FLEET MAINTENANCE 7,052.05
7500 WATER UTILITY FUND 38,775.45
8020 LOCAL REHAB LOAN 2,059.22
8030 TRUST DEPOSIT 568.05
638,869.42
Council Approval
Date City Manager
Attest
City Clerk Director of Finance and Administrative Services

CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
01/09/2025 ADAMS-H1LLERY SHARRON 3,225.00
01/09/2025 HEALTH AND HUMAN RESOURCES CENTER INC 293.22 01/09/2025 ALAN’S LAWN AND GARDEN CENTER INC 236.12
01/09/2025 AMAZON CAPITAL SERVICES INC 351.04
01/09/2025 ARDURRA GROUP INC 79,305.50
01/09/2025 AT&T ENTERPRISES LLC 62.93
01/09/2025 ROSS AVIATION INVESTMENT LLC 3,586.41
01/09/2025 N. HARRIS COMPUTER CORPORATION 22,773.96
01/09/2025 AVENU STR IP LLC 4,286.24
01/09/2025 BROADCAST MUSIC INC 1,064.00
01/09/2025 B&M LAWN AND GARDEN INC 202.98
01/09/2025 BIG STUDIO INC 1,658.19
01/09/2025 BIOMETRICS4ALL INC 31.50
01/09/2025 TWO SHELLS ENTERPRISES INC 146.00
01/09/2025 BUCKNAM PETER JOSEPH 5,707.50
01/09/2025 CAL STATE AUTO PARTS INC 478.14
01/09/2025 CALIFORNIA DEPARTMENT OF 11,778.00
01/09/2025 CINTAS CORPORATION 79.63
01/09/2025 CINTAS CORPORATION 375.08
01/09/2025 CAMERON WELDING SUPPLY 188.07
01/09/2025 COLOR CARDADMINISTRATOR CORP 37.54
01/09/2025 CORE & MAIN LP 890.82
01/09/2025 DANIEL'S TIRE SERVICE INC 448.46
01/09/2025 DE LAGE LANDEN FINANCIAL SERVICES 394.81
01/09/2025 DELTA DENTAL INSURANCE COMPANY 839.13
01/09/2025 DELTA DENTAL OFCALIFORNIA 8,041.59
01/09/2025 DICKSON RFCOINC 52,303.94
01/09/2025 DR OFFICE WORKS INC 143,171.85
01/09/2025 DUNRITE PEST CONTROLINC 260.00
01/09/2025 ECOBRITE SERVICES LLC 851.42
01/09/2025 EMPIRE DESIGN & BUILD LLC 44,298.40
01/09/2025 GATEWAY CITIES COUNCIL OF GOV'TS 32,500.00
01/09/2025 GOLD COASTAWARDS INC 97.86
01/09/2025 GOLDEN STATE WATER COMPANY 3,364,81
01/09/2025 HINDERLITER DE LLAMAS &ASSOC 300.00
01/09/2025 FLORES DAVID 5,500.00
01/09/2025 HOME DEPOT 1,859.65
01/09/2025 ADRIANA Y LOPEZ 9,075.00
01/09/2025 HUGHES NETWORK SYSTEMS LLC 586.62
01/09/2025 HUMAN SERVICES ASSOCIATION 708.33
01/09/2025 INFOSEND INC 9,615.20
01/09/2025 JHM SUPPLYING 614.88
01/09/2025 LOS ANGELES CO DIST ATTORNEY 14,089.54
01/09/2025 MAINTEX INC 375.14

Page 1 of 2 ends

CITY OF LAKEWOOD

SUMMARY CHECK REGISTER
CHECK

DATE VENDOR NAME
CHECK
AMOUNT
01/09/2025 MORRIS. JOHN 570.00
01/09/2025 NATIONALUNION FIRE INSURANCE CO 339.20
01/09/2025 O'REILLY AUTOMOTIVE STORES INC 218.80
01/09/2025 ODP BUSINESS SOLUTIONS LLC 381.28
01/09/2025 OPUS INSPECTION INC 239.65
01/09/2025 PACIFIC TRUCK EQUIPMENT INC 1,292.45
01/09/2025 JOYCE LOU INC 8,451.00
01/09/2025 SR BRAY LLC 125.00
01/09/2025 CERRITOS FORD INC 210.81
01/09/2025 CERRITOS FORD INC 897.40
01/09/2025 S& J SUPPLY CO 1,328.22
01/09/2025 SESAC 1,982.00
01/09/2025 SMART & FINAL INC 395.91
01/09/2025 SOUTHERN CALIFORNIA EDISON CO 105,348.89
01/09/2025 SOUTHLAND INDUSTRIES 1,040.00
01/09/2025 STANDARD INSURANCE CO UNIT 22 2,125.10
01/09/2025 THURSTON ELEVATOR CONCEPTS INC 152.00
01/09/2025 TRANSAMERICA LIFE INSURANCE COMPANY 1,038.19 01/09/2025 UNDERGROUND SERVICE ALERT 113.60
01/09/2025 URBAN CONSTRUCTION AND DESIGN SOLUTIONS 28,878.67 01/09/2025 HD SUPPLY INC 418.17
01/09/2025 CELLCO PARTNERSHIP 1,433.78
01/09/2025 VISION SERVICE PLAN 4,444.54
01/09/2025 WATERLINE TECHNOLOGIES INC 4,520.10
01/09/2025 WESTERN EXTERMINATOR CO 88.14
01/09/2025 WYNN. LAKYN 58.50
01/09/2025 ALPERIN. SARAH 2,059.22
01/09/2025 FRIENDS OF THE LAKEWOOD LIBRARIES 250.00
01/09/2025 MARTINEZ. ILIANA 4.68
01/09/2025 RODRIGUEZ. SANDRA 40.00
01/09/2025 SUNRUN 303.94
01/09/2025 PADILLA, ANTHONY 568.05
01/09/2025 THE TECHNOLOGY DEPOT 3,497.63
Total: 638,869.42

Page 2 of 2 ends

COUNCIL AGENDA
January 14, 2025
TO: The Honorable Mayor and City Council
SUBJECT: Report of City Council Committees’ Activities

INTRODUCTION
A brief update is provided for City Council review on the activities of the following standing committees: Park Development, Community Promotion, and Public Safety committees.

STATEMENT OF FACT
On October 14, 2024, the Park Development Committee met and discussed:

Following a resident request to install communication boards at playgrounds at Lakewood parks, staff brought the concept before the committee. Communication boards assist children and caretakers by using pictures to communicate needs and emotions. The committee approved installation at all Lakewood playgrounds and appropriated an amount not to exceed $25,000 to support this project. Staff were also directed to work with local Scout troopsto assist with building standards on which to affix signs at three playgrounds.

On November 1, 2024, the Community Promotions Committee met and discussed:

Following a successful inaugural LeadHer Lakewood event series in 2024 which celebrated Women’s History Month, staff provided recommendation to the committee to offer a single day event which would amalgamate all four of the previous year’s objectives to meet the needs of a diverse and active audience, It was said that the four-part series made it difficult for attendees to glean all the benefits the event had to offer, especially for women leading busy and active lives with career,family and other interests. Staff received direction to offer a single, multi-faceted event on Thursday, March 27 in the Ballroom at The Centre. No budgetary adjustments were requested.

On November 18, 2024 the Capital Improvement Plan Committee met and discussed:

Electrical, HVAC, and Roof Improvements
The Southland Investment Grade Audit of city owned buildings and facilities is complete. Pending final contract and finance negotiations, it is anticipated presenting the item at the next Council Meeting. Staff recommended adoption of a resolution authorizing the city to enter into a financing agreement with the TD Bank to finance the energy conservation projects at various public facilities. TD Bank offers the best interest rate terms and prepayment option for the city which they provided through the Federal Home Loan Bank (FHLB) index link. The latest proposal was provided to the city’s Finance Department on November 7 and shows a 4.04% interest rate. TD Bank has offered this rate to the city with the understanding that it would be recommended to the full City Council on December 10 for formal approval.

Council Committees’ Activities
January 14, 2025

Page 2 ends

Committee Member Steve Croft approved staffs recommendation to lock in the interest rate offered and proceed with TD Bank. Chairperson Chase concurred. It was so ordered.

Potential Timing Revisions to 7-Year CIP Plan
Variousscenarios were presented regarding spending options and potentialsurplusesto the 7-Year CIP plan, The CIP plan will be re-balanced to reflect accurate changes. Staff intends to provide a comprehensive update for adoption at the City Council’s mid-year review in March, 2025.

The options presented for the Weingart Senior Center and Palms Park infrastructure improvements were discussed. Staff recommended Weingart go out to bid in January 2025, and Palms Park go out to bid approximately July 1, 2025, or sooner based on a response from Congressman Robert Garcia on potential additional funding.

Chairperson Chase and Committee Member Croft supported staffs recommendation to proceed with soliciting bids for Weingart in January, 2025, with Palms Park following shortly thereafter, On November 19, 2024, the Public Safety Committee met and discussed:

Crime Trends & Statistics
Introduction of Sgt. Johnson, who has assumed responsibilities of Sgt. Gekas during his absence.

Overall, Part I crimes within the city and at Lakewood Center mall were higher when compared to last year, but are continuing to trend down. Monthly breakdowns and crime statistic details were reviewed, and crime activity maps were presented.

Deputies along with Volunteers on Patrol and Sheriff Reserves have increased patrols at the mall and shopping centers citywide. Deputies collaborated with businesses at the Lakewood Center mall during an operation to identify and arrest suspects for shoplifting and deter potential crime.

Homeless Services & Programs update
Deputy Jones provided updates on several locations. Outreach services continue to be offered alongside the Homeless Services Liaison who has been collaborating with several agencies to provide continuous services to individuals. One individual in particular was provided outreach services through an agency and successfully obtained their own housing.

Community Prosecutor Program Update
Deputy District Attorney Tatman provided updates on various locations for new and prior abatements. Updates and information on Proposition 36 were provided.

Public Safety Department Update
Recruitment process continued for Public Safety Officer vacancies. PSOs continued proactive patrols, enforcement, and education regarding unlicensed street vendors and scavengers.

Updates about a recent ‘The Biz’ roundtable meeting with businesses at Carwood West shopping center were provided.

Council Committees’ Activities
January 14, 2025

Page 3 ends

Emergency preparedness programs continue for residents and employees. Staff conducted another EOC tabletop exercise. Los Angeles Comity Office of Emergency Management selected Lakewood as a host city for a pilot program for a new CERT Access and Functional Needs course.

Public Outreach
Provided updates on Award of Valor. Information on Care Solace was provided.

Follow up Items:

Following adoption of an ordinance establishing special event regulations for carwash businesses, staff provided updatesrelated to a carwash businessthat recently held a Halloween themed special event and submitted an application for a Christmas themed special event.

A proposed ordinance establishing requirements for shopping cart management and retrieval plan for businesses was introduced. The Committee approved staff’s recommendation to present the ordinance to the full City Council at a future meeting.

On Monday, December 2, the Park Development Committee met and discussed:

Jose Rodriguez, Senior Project Manager from the city’s consultant MIG, Inc. presented an update on the progress of the Recreation and Community Services Long Range Plan. The report provided a progress timeline, projections for completion, and included several data measures and summary reports which have been completed to date. Direction was provided on formatting and detailing the completed long range plan for presentation to the full City Council in early 2025.

RECOMMENDATION
It is recommended that the City Council receive and file this report.

Thaddeus McCormack
City Manager

COUNCIL AGENDA
January 14, 2025
TO: The Honorable Mayor and City Council
SUBJECT: AB 1234 Meeting Report

INTRODUCTION
Assembly Bill 1234 became effective January 1, 2006. The legislation requires members of a legislative body to provide brief reports on the meetings they attended at the expense of the local agency at the next regular meeting of the legislative body.

STATEMENT OF FACT
• Council Members Jeff Wood and David Arellano attended the annual California Contract Cities Association Legislative Tour on January 6-7, 2025 in Sacramento. More than twenty state legislators and state officials presented to the attendees regarding their legislative prioritiesfor the current session. In between those presentations, Lakewood officials met with Senator Lena Gonzalez and Assembly MemberJose Solache to advocate forthe city’s concerns relating to housing and homelessness, public safety, funding requestsfor projects and support for workforce and economic development.

RECOMMENDATION
That the City Council receive and file this report.

Paolo Beltran
Deputy City Manager
Thaddeus McCormack
City Manager
RI-4

DIVIDERSHEE

COUNCIL AGENDA
January 14, 2025
TO: The Honorable Mayor and City Council
SUBJECT: Monthly Report of Investment Transactions-October 2024

INTRODUCTION
In accordance with California Government Code Section 53607, the City Council has delegated to the City Treasurer the responsibility to invest or to reinvest funds, or to sell or exchange securities so purchased. The California Government Code Section 53607 requires that, if such responsibility has been delegated, then the Treasurer “shall make a monthly report of those transactions to the legislative body.” In compliance with this requirement, the Monthly Report of Investment Transactions is being rendered to be received and filed.

STATEMENT OF MONTHLY ACTIVITY
Date Amount at Cost Investment Transaction Rate*
Ol-Oct-24 $ 2,728.75 CORP Interest 2.950%
Ol-Oct-24 295.80 MMF Interest 4.020%
Ol-Oct-24 198,800.98 CAMP POOL Interest 5.030%
02-Oct-24 1,692.00 CORP Interest 3.384%
02-Oct-24 5,282,448.09 CAMP TERM Sell 5.030%
02-Oct-24 5,282,448.09 CAMP POOL Purchase 5.030%
02-Oct-24 5,000,000.00 CAMP POOL Sell 5.030%
02-Oct-24 5,000,000.00 CAMP TERM Purchase 4.430%
03-Oct-24 233,487.51 TREAS Purchase 3.875%
03-Oct-24 220,000.00 TREAS Maturity 0.000%
04-Oct-24 134,763.75 CORP Purchase 4.050%
04-Oct-24 2,400.00 CORP Interest 4.800%
04-Oct-24 133,703.29 CORP Sell 1.500%
08-Oct-24 56,469.54 CORP Sell 5.272%
10-Oct-24 54,978.55 CORP Purchase 4.350%
10-Oct-24 72,073.10 TREAS Purchase 1.000%
10-Oct-24 305,925.48 TREAS Purchase 1.875%
10-Oct-24 101,829.49 TREAS Purchase 2.875%
10-Oct-24 162,263.04 TREAS Purchase 4.375%
10-Oct-24 303,807.18 CORP Sell 2.300%
10-Oct-24 65,699.56 CORP Sell 4.375%
Ri-5
Monthly Investment Transactions
January 14, 2025

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Date Amount at Cost Investment Transaction Rate*
10-Oct-24 $ 76,866,92 CORP Sell 4.600%
10-Oct-24 132,978.59 CORP Sell 4.600%
10-Oct-24 72,995.33 CORP Sell 1.500%
10-Oct-24 102,522.00 CORP Sell 4.800%
10-Oct-24 164,395.48 CORP Sell 5.272%
10-Oct-24 1,000,000.00 CAMP POOL Sell 5.030%
13-Oct-24 1,092.72 CORP Interest 5.652%
15-Oct-24 1,694.61 CORP Interest 4.400%
15-Oct-24 3.45 ABS Interest 0.520%
15-Oct-24 902.42 ABS Interest 4.420%
15-Oct-24 365.33 ABS Interest 5.480%
15-Oct-24 1,130.83 ABS Interest 5.900%
15-Oct-24 446.42 ABS Interest 4.870%
15-Oct-24 637.00 ABS Interest 5.460%
15-Oct-24 862.00 ABS Interest 4.310%
15-Oct-24 1,311.50 ABS Interest 5.160%
15-Oct-24 1,605.50 ABS Interest 4.940%
15-Oct-24 1,284.17 ABS Interest 4.600%
15-Oct-24 387.50 ABS Interest 4.650%
15-Oct-24 518.92 ABS Interest 4.790%
15-Oct-24 370.60 ABS Interest 4.510%
15-Oct-24 27.10 ABS Interest 0.550%
15-Oct-24 1,372.88 ABS Interest 5.230%
15-Oct-24 1,683.29 ABS Interest 5.690%
15-Oct-24 310.06 ABS Interest 3.660%
15-Oct-24 786.25 ABS Interest 5.100%
15-Oct-24 1,221.21 ABS Interest 5.530%
15-Oct-24 664.54 ABS Interest 3.970%
15-Oct-24 501.21 ABS Interest 5.230%
15-Oct-24 1,583.33 ABS Interest 5.000%
15-Oct“24 12,935.92 ABS Paydown 3.970%
15-Oct-24 7,839.86 ABS Paydown 0.550%
15-Oct-24 5,852.70 ABS Paydown 4.510%
15-Oct-24 3,937.30 ABS Paydown 0.520%
15-Oct-24 6,533.09 ABS Paydown 3.660%
16-Oct-24 245,275.98 FNMA Purchase 4.791%
16-Oct-24 363.33 ABS Interest 5.450%
Monthly Investment Transactions
January 14, 2025

Page 3 ends

Date Amount at Cost Investment Transaction Rate*
17-Oct-24 $ 500,000.00 CAMP POOL Sell 5.030%
18-Oct-24 1,104.54 ABS Interest 5.410%
18-Oct-24 130.22 ABS Interest 3.730%
18-Oct-24 3,677.11 ABS Paydown 3.730%
22-Oct-24 4,874.63 CORP Interest 5.571%
22-Oct-24 40,160.24 CORP Sell 3.700%
23-Oct-24 398,075.60 CORP Purchase 4.494%
23-Oct-24 147,568.50 CORP Sell 4.000%
23-Oct-24 100,662.37 TREAS Sell 3.875%
23-Oct-24 394,993.32 CORP Sell 4.800%
24-Oct-24 2,200,000.00 CAMP POOL Sell 5.030%
25-Oct-24 401,795.88 FNMA Purchase 4.508%
25-Oct-24 1,202.84 FNMA Interest 4.377%
25-Oct-24 1,074.67 FNMA Interest 3.224%
25-Oct-24 1,131.67 FNMA Interest 4.850%
25-Oct-24 791.67 FNMA Interest 5.000%
25-Oct-24 1,094.51 FNMA Interest 3.243%
25-Oct-24 752.46 FNMA Interest 3.347%
25-Oct-24 1,520.00 FNMA Interest 4.800%
25-Oct-24 1,505.94 FNMA Interest 4.819%
25-Oct-24 1,472.50 FNMA Interest 4.650%
25-Oct-24 591.38 FNMA Interest 5.069%
25-Oct-24 1,248.55 FNMA Interest 4.181%
25-Oct-24 850.50 FNMA Interest 4.860%
25-Oct-24 564.26 FNMA Interest 3.303%
25-Oct-24 1,524.00 FNMA Interest 4.572%
25-Oct-24 514.69 FNMA Interest 2.745%
25-Oct-24 1,171.92 FNMA Interest 3.340%
25-Oct-24 1,560.98 FNMA Interest 4.803%
25-Oct-24 1,362.90 FNMA Interest 4.543%
25-Oct-24 1,204.35 FNMA Interest 4.777%
25-Oct-24 1,258.67 FNMA Interest 4.720%
25-Oct-24 1,501.00 FNMA Interest 4.740%
25-Oct-24 296.29 ABS Interest 5.470%
25-Oct-24 20,780.67 CD Interest 5.600%
25-Oct-24 235.81 FNMA Paydown 4.777%
25-Oct-24 344.93 FNMA Paydown 4.377%
Monthly Investment Transactions
January 14, 2025

Page 4 ends

Date Amount at Cost Investment Transaction Rate*
25-Oct-24 $ 2.27 FNMA Paydown 4.181%
25-Oct-24 557.98 FNMA Paydown 3.347%
25-Oct-24 862.23 FNMA Interest 2.653%
28-Oct-24 2,200,000.00 CAMP POOL Purchase 5.030%
31-Oct-24 1,250.00 TREAS Interest 1.250%
31-Oct-24 10,853.13 TREAS Interest 2.875%
31-Oct-24 16,362.50 TREAS Interest 3.500%
31-Oct-24 250.00 TREAS Interest 0.500%
31-Oct-24 5,156.25 TREAS Interest 2.750%
31-Oct-24 1,181.25 TREAS Interest 0.750%
31-Oct-24 3,093.75 TREAS Interest 1.375%
* Rates shown for MMF, LAIF, and CAMP are distribution yields. All others are coupon rates.

INVESTMENT GLOSSARY
ABS (Asset-Backed Securities)
A mortgage pass-through security, collateralized mortgage obligation, mortgage-backed or other pay-through bond, equipment lease-backed certificate, consumer receivable pass-through certificate, or consumer receivable-backed bond.

AGENCY (U.S. Government Agency Issues)
Federal agency or United States government-sponsored enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or United States government-sponsored enterprises. There are no portfolio percentage limits for U. S. Government Agency issues.

BOND (Municipal Bonds or Note)
Registered treasury notes or bonds issued by states or municipalities, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by a state or by a department, board, agency, or authority of any of the other 49 United States, in addition to California.

CAMP (California Asset Management Program) Pool and Term A Joint Powers Authority established in 1989 by the treasurers and finance directors of several California public agencies to provide an investment tool at a reasonable cost. Participation is limited to California public agencies. The Pool option offers daily liquidity with a variable rate of return. In recent years the Term option was added offering an investment tool for a fixed period (up to one year) and a fixed rate of return.

Monthly Investment Transactions
January 14, 2025

Page 5 ends

CD (Certificate of Deposit)
Negotiable CDs are issued by large banks and are freely traded in secondary markets as short term (2 to 52 weeks), large denomination ($100,000 minimum) CDs, that are either issued at a discount on its par value, or at a fixed interest rate payable at maturity.

COM (Commercial Paper)
Commercial paper of “prime” quality of the highest ranking or of the highest letter and number rating as provided for by a nationally recognized statistical-rating organization.

CORP (Corporate Notes)
Medium-term notes, defined as all corporate and depository institution debt securities with a maximum remaining maturity of five years or less, issued by corporations organized and operating within the Unites States or by depository institutions licensed by the United States, or any state and operating within the United States.

FNMA (Federal National Mortgage Association)
A government-sponsored, privately owned corporation established to create a secondary market for Federal Housing Administration mortgages.

LAIF (Local Agency Investment Fund, State of California) The Treasurer of the State of California administers this investment pool, providing a high-level of liquidity and strong safety through diversification of investments.

MMF (Money Market Fund)
This is a money market interest-bearing checking account that is fully insured and collateralized.

SUPRA (Supra-National Agency Bonds or Notes)
Supranational bonds and notes are debt of international or multi-lateral financial agencies. The debt is used to finance economic/infrastructure development, environmental protection, poverty reduction and renewable energy around the globe, rated AAA, highly liquid and issued in a range of maturities.

TREAS (U.S. Treasury Notes)
A Treasury obligation of the U.S. Government to provide for the cash flow needs of the Federal Government.

RECOMMENDATION
It is recommended that the City Council receive and file the Monthly Report of Investment Transactionsrendered for the month of October 2024.

Jose Gomez Thaddeus McCormack
Director of Finance & Administrative Services City Manager

COUNCIL AGENDA
January 14, 2025
TO: The Honorable Mayor and City Council
SUBJECT: Monthly Report of Investment Transactions-November 2024

STATEMENT OF MONTHLY ACTIVITY
Date Amount at Cost Investment Transaction Rate*
Ol-Nov-24 $ 509.66 MMF INTEREST 3.730%
Ol-Nov-24 2,020.88 FNMA INTEREST 4.755%
Ol-Nov-24 367.25 BOND INTEREST 0.565%
Ol-Nov-24 130,000.00 FNMA MATURITY 0.565%
Ol-Nov-24 180,973.78 CAMP POOL INTEREST 4.870%
04-Nov-24 1,608.75 CORP INTEREST 1.650%
05-Nov-24 1,369,364.00 TREAS PURCHASE 4.375%
05-NOV-24 382,747.75 ABS SELL 5.000%
05-Nov-24 369,224.40 CD SELL 5.600%
05-NOV-24 631,152.43 TREAS SELL 1.625%
05-Nov-24 201,457.89 TREAS SELL 3.875%
08-Nov-24 253,519.03 TREAS PURCHASE 4.375%
08-Nov-24 257,512.50 CORP SELL 5.526%
08-Nov-24 1,200,000.00 CAMP POOL SELL 4.870%
12-Nov-24 202,409.40 TREAS PURCHASE 4.250%
12-Nov-24 205,668.22 CORP SELL 4.900%
13-Nov-24 3,080.00 CORP INTEREST 5.600%
15-NOV-24 1,221.21 ABS INTEREST 5.530%
15-NOV-24 387.50 ABS INTEREST 4.650%
15-Nov-24 2,027.70 FNMA INTEREST 4.506%
15-Nov-24 5,046.88 TREAS INTEREST 2.375%
Monthly Investment Transactions
January 14, 2025

Page 2 ends

Date Amount at Cost Investment Transaction Rate*
15-NOV-24 $ 348.60 ABS INTEREST 4.510%
15-Nov-24 446.42 ABS INTEREST 4.870%
15-NOV-24 1.75 ABS INTEREST 0.520%
15-Nov-24 365.33 ABS INTEREST 5.480%
15-Nov-24 862.00 ABS INTEREST 4.310%
15-Nov-24 1,284.17 ABS INTEREST 4.600%
15-Nov-24 786.25 ABS INTEREST 5.100%
15-Nov-24 902.42 ABS INTEREST 4.420%
15-Nov-24 5,032.50 CORP INTEREST 3.050%
15-NOV-24 23.51 ABS INTEREST 0.550%
15-NOV-24 637.00 ABS INTEREST 5.460%
15-Nov-24 11,140.63 TREAS INTEREST 2.875%
15-Nov-24 1,130.83 ABS INTEREST 5.900%
15-Nov-24 518.92 ABS INTEREST 4.790%
15-Nov-24 1,605.50 ABS INTEREST 4.940%
15-Nov-24 1,683.29 ABS INTEREST 5.690%
15-Nov-24 1,311.50 ABS INTEREST 5.160%
15-Nov-24 290.13 ABS INTEREST 3.660%
15-NOV-24 1,372.88 ABS INTEREST 5.230%
15-Nov-24 501.21 ABS INTEREST 5.230%
15-NOV-24 621.74 ABS INTEREST 3.970%
15-Nov-24 4,028.20 ABS PAYDOWN 0.520%
15-Nov-24 6,574.03 ABS PAYDOWN 3.660%
15-NOV-24 8,401.36 ABS PAYDOWN 0.550%
15-Nov-24 5,756.08 ABS PAYDOWN 4.510%
15-Nov-24 13,663.72 ABS PAYDOWN 3.970%
16-Nov-24 3,156.25 CORP INTEREST 5.050%
16-Nov-24 3,500.00 CORP INTEREST 3.500%
16-Nov-24 363.33 ABS INTEREST 5.450%
17-NOV-24 5,017.00 CORP INTEREST 5.017%
18-Nov-24 1,104.54 ABS INTEREST 5.410%
18-Nov-24 118.79 ABS INTEREST 3.730%
18-NOV-24 3,651.35 ABS PAYDOWN 3.730%
2O-Nov-24 126,209.17 CORP SELL 4.260%
21-Nov-24 2,165.60 CORP INTEREST 5.414%
21-Nov-24 1,500,000.00 CAMP POOL SELL 4.870%
22-Nov-24 220,833.91 FNMA SELL 2.745%
Monthly Investment Transactions
January 14, 2025

Page 3 ends

Date Amount at Cost Investment Transaction Rate*
25-Nov-24 $ 100,000.00 CORP PURCHASE 4.868%
25-Nov-24 300,000.00 CORP PURCHASE 4.782%
25-NOV-24 591.38 FNMA INTEREST 5.069%
25-Nov-24 862.23 FNMA INTEREST 2.653%
25-NOV-24 1,203.42 FNMA INTEREST 4.777%
25-Nov-24 1,201.58 FNMA INTEREST 4.377%
25-Nov-24 1,472.50 FNMA INTEREST 4.650%
25-Nov-24 514.69 FNMA INTEREST 2.745%
25-NOV-24 750.90 FNMA INTEREST 3.347%
25-Nov-24 958.20 FNMA INTEREST 4.791%
25-Nov-24 1,251.18 FNMA INTEREST 4.190%
25-Nov-24 1,258.67 FNMA INTEREST 4.720%
25-Nov-24 1,560.98 FNMA INTEREST 4.803%
25-Nov-24 1,501.00 FNMA INTEREST 4.740%
25-NOV-24 1,524.00 FNMA INTEREST 4.572%
25-Nov-24 791.67 FNMA INTEREST 5.000%
25-Nov-24 1,074.67 FNMA INTEREST 3.224%
25-Nov-24 1,171.92 FNMA INTEREST 3.430%
25-NOV-24 1,502.67 FNMA INTEREST 4.508%
25-NOV-24 1,505.94 FNMA INTEREST 4.819%
25-NOV-24 850.50 FNMA INTEREST 4.860%
25-Nov-24 1,362.90 FNMA INTEREST 4.543%
25-Nov-24 1,131.67 FNMA INTEREST 4.850%
25-NOV-24 1,520.00 FNMA INTEREST 4.800%
25-Nov-24 564.26 FNMA INTEREST 3.303%
25-Nov-24 1,094.51 FNMA INTEREST 3.243%
25-NOV-24 296.29 ABS INTEREST 5.470%
25-NOV-24 527.56 FNMA PAYDOWN 3.347%
25-Nov-24 303.27 FNMA PAYDOWN 4.377%
25-Nov-24 196.40 FNMA PAYDOWN 4.777%
25-Nov-24 2.03 FNMA PAYDOWN 4.190%
25-Nov-24 165,414.84 TREAS SELL 2.875%
25-NOV-24 236,306.93 TREAS SELL 2.875%
26-NOV-24 6,727.11 CORP INTEREST 5.504%
27-NOV-24 1,200,000.00 CAMP POOL PURCHASE 4.870%
29-Nov-24 243,359.97 TREAS PURCHASE 0.750%
29-Nov-24 242,966.32 CORP SELL 3.250%
Monthly Investment Transactions
January 14, 2025

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Date Amount at Cost Investment Transaction Rate*
30-Nov-24 $ 1,687.50 TREAS INTEREST 1.250%
30-Nov-24 4,650.00 TREAS INTEREST 3.875%
30-Nov-24 8,531.25 TREAS INTEREST 2.625%
30-Nov-24 14,500.00 TREAS INTEREST 3.625%
30-Nov-24 1,875.00 TREAS INTEREST 0.750%
30-Nov-24 1,875.00 TREAS INTEREST 1.500%
* Rates shown for MMF, LAIF, and CAMP are distribution yields. All others are coupon rates.

Monthly Investment Transactions
January 14, 2025

Page 5 ends

FNMA (Federal National Mortgage Association)
A government-sponsored, privately owned corporation established to create a secondary market for Federal Housing Administration mortgages.

MMF (Money Market Fund)
Thisis a money market interest-bearing checking account that is fully insured and collateralized.

TREAS (U.S. Treasury Notes)
A Treasury obligation of the U.S. Government to provide for the cash flow needs of the Federal Government.

RECOMMENDATION
It is recommended that the City Council receive and file the Monthly Report of Investment Transactions rendered for the month of November 2024.

Thaddeus McCormack
Director of Finance & Administrative Services City Manager

DIVIDERSHEE

COUNCIL AGENDA
January 14, 2025
TO: The Honorable Mayor and City Council
SUBJECT: Approve Additional Funds for Regional Government Services Authority for Management and Administrative Services

INTRODUCTION
The current workload assigned to the Public Works and Administrative Services Departments merits an extension of staff through the use of a consulting contract for management and administrative services. On 9/10/24, Council approved a contract with Regional Government Services Authority (RGS) to provide an initial assessment of theTyler Munis Projectfinancial tracking software and the existing work order modules. To address ongoing demands and the increased workload, we propose expanding the original agreement with RGS, which previously authorized $50,000 in services, by an additional $100,000.

STATEMENT OF FACT
After development of the seven-year CIP plan, and in order to make the city operations more efficient, the CIP Committee determined the need for project accounting software and a new work order system, however the task of implementing this software was beyond the expertise for either the Administrative Services Department or the Public Works Department to complete. Staff reached out to RGS for a solution.

Regional Government Services Authority (RGS) was founded in 2001 as a Joint Powers Authority (JPA), formed under Section 6500 of theCalifornia GovernmentCode, which authorizes public agenciesto contract with each other jointly to exercise a common power. RGS was created to serve the consulting, administrative and project management needs of cities, counties, special districts, joint powers authorities, and other governmental entities. They are a public agency and have served over 300 public agencies providing support and consulting services to meet the needs of its partner agencies in a broad range of disciplines.

Staff previously sought Council approval for $50,000 in services with RGS to assist with management and administrative support, including the assessment of the Tyler Munis project tracking and work order modules. This work was deemed critical for expediting Capital Improvement Projects and improving operational efficiencies.

RGS completed theirinitial assessment. In order to implement the needed changesin the software, as determined by the assessment, additional services are required. These services include extending project management support, implementation assistance, and oversight for ongoing administrative initiatives. Therefore, staff recommends increasing the total authorized budget to RI-6
Regional Government Services Authority for Management and Administrative Services January 14, 2025

Page 2 of 2 ends

$150,000 to ensure continued collaboration through June 30, 2025, with RGS. Staff anticipates expenses for ongoing services afterJune 30, to be budgeted as part of the new 2025-26 Fiscal Year Budget.

The total task order authorization with RGS will not exceed $150,000. This includes the original $50,000 previously approved by the Council and the additional $100,000 recommended herein.

The additional $100,000 will be reallocated from existing budgeted funds designated for project and construction management services and no additional budget appropriations will be required this fiscal year.

RECOMMENDATION
Staff recommends that the City Council:

1. ApproveTask Order 2 amending the existing on-call agreement withRegional Government Services Authority to provide initial implementation of Project Ledger Services in the amount of $100,000, bringing the total task order authorization to $150,000.

2. Authorize the City Manager to execute Task Order 2 on behalf of the City, subject to approval as to form by die City Attorney.

Kelli Pickier $
Thaddeus McCormacl
Director of Public Works City Manager
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COUNCIL AGENDA
January 14, 2025
TO: Honorable Mayor and City Council
SUBJECT: 2025 Shopping Cart Ordinance

INTRODUCTION,
There is an ongoing problem with shopping and laundry cart (“cart”) theft and abandonment in Southern California. Such abandoned carts create potential hazards to the health and safety of residents and can interfere with pedestrian and vehicular traffic safety. The accumulation of abandoned and vandalized carts on both, public and private property, creates conditions with visual blight that reduce property values, encourages property deterioration and otherwise impacts the general welfare of Lakewood residents. This is an avoidable situation, and the purpose of the proposed ordinance is to require commercial property owners and tenants to take more responsibility to create programs and procedures to prevent the theft and removal of carts from store premises, including parking lots, and to facilitate the retrieval and return of abandoned carts from both, public and private property, as permitted by State law.

STATEMENT OF FACTS.

On November 19, 2024 the Public Safety Committee (“Committee”) conducted a study session on the problem of cart theft and abandonment in the City of Lakewood. The Committee instructed staff to prepare an ordinance. Furthermore, the Committee recommended that the City Council adopt a shopping cart ordinance that created regulationsto require that retail shopping cart owners participate in a program to retain, retrieve and identify retail shopping carts.

Code Enforcement staff did a study and determined that there are 37 retail stores and 6 laundries in Lakewood that have about 3600 carts, of which 50 are in laundries (spread sheet is attached.) Problems with shopping carts has been addressed by multiple jurisdictions throughout the state and by the California Business and Professions Code (BPC) Section 22435. Staff reviewed the relevant state law and several of the ordinances of other municipalities. Staff prepared a proposed ordinance with similar regulations for the City of Lakewood that considered the following:

BPC Section 22435 is part of the state's law regarding shopping and laundry carts. Violating the provisions of BPC 22435 is a misdemeanor. The law prohibits the following actions:
• Removing a cart from a retail establishment's parking area or premises with the intent to deprive the owner of possession.
• Possessing a cart that has been removed from a retail establishment's parking area or premises with the intent to deprive the owner of possession. •
Possessing a cart with altered, obliterated, or removed serial numbers with the intent to deprive the owner of possession.

2.1 2025 Shopping Cart Ordinance
January 14, 2025

Page 2 ends

• Abandoning a cart at a location other than the retail establishment's parking area or premises with the intent to deprive the owner of possession.

Thislaw also gives cities the authority to:
• Retrieve shopping and laundry carts that are located off-premises. •
Fine the owner of a shopping cart up to $50, if four or more carts are not retrieved within a six-month period.
• Recover the cost of retrieving impounded shopping carts.

Thislaw also includes provisionsto require signs attached to shopping and laundry cartsthat shall:
• Identify the owner or retailer of the cart.
• List a procedure for authorized removal of the cart.
• Notify the public that unauthorized removal of the cart is a violation of state law. • Provide a valid phone number and address for returning the cart.

Proposed Shopping Cart Ordinance. The follow are the main components of the ordinance:

1. Public Nuisance. Declare cart theft and abandonment to be a public nuisance per se.

2. Threshold. Retail establishments with five or more carts will be required to participate.

3. Require a cart identification program. Every cart owner with 5 or more carts shall identify each cart with a permanently attached sign that includes the business name, address, contact phone number and email address to facilitate the retrieval and return of any abandoned carts to the business. In addition, the cart sign shall indicate that removal of such carts without written permission is prohibited and constitutes a violation of state law (BPC 22435) and that it will be enforced.

4. Require a property sign program. Each commercial property with five carts or more shall prominently display warning signs either in the store, if carts are required to stay inside, or around the property and at cart corrals if allowed outside. The signs shall warn that carts are to not be removed from the property without written permission from the cart owner and that possession of a cart is a violation of state law (BPC 22435).

5. Create a cart retention program. The ordinance shall require commercial property owners with carts to establish a cart retention program with options such as:
a. Have security personnel around the main entrance and exit points to the parking lot and have them stop carts from leaving the premises. If it is not possible to stop the theft, then report the theft to the LASD and provide surveillance video. b. Install magnetic wheel locks on all carts that stop carts from leaving the premises, c. Have a staff member escort the customer to the car and then retrieve the cart. d. Do not allow the carts to leave the store by using a physical restraining device or use security staff to prohibit the cart from leaving the store. e. Provide the city with an alternate cart retention program.

6. Create a cart retrieval program. The ordinance shall require commercial property owners with carts to establish a cart retrieval program with options such as:
a. Hire a cart retrieval service that will pick up abandoned carts and return the carts to the store within 72 hours of notification of an abandoned cart location. b. Establish a cart retrieval service that is staffed with store employees that will retrieve carts within 72 hours of notification of an abandoned cart location. c. Provide the city with an alternate cart retrieval program.

7. Enforcement. Normal enforcement actions shall apply and may be used to issue notices 2025 Shopping Cart Ordinance
January 14, 2025

Page 3 ends

of violation and administrative citation fines for commercial property owners/tenants who are not properly implementing the signage, retention and retrieval programs.

8. City Impoundment of Abandoned Carts. The ordinance authorizes the city to impound and to dispose of or destroy any carts that are not properly identified and where cart ownership cannot be determined.

9. Cart Retention and Retrieval Program Agreement. Each current shopping cart owner shall sign a Cart Retention and Retrieval Program (CRRP) Agreement prior to the July 1, 2025 business license renewal. Future owners shall be required to do so prior to issuance of the initial business license. The agreement shall stipulate that the cart owner shall: 1) Properly post, maintain and replace, as necessary, signs on the carts and on the subject property as authorized by state law informing the public not to remove shopping cartsfrom the property and, if found, where to return them, 2) Implement programs and procedures to both, retain carts on the subject property and to retrieve those carts that are removed, and 3) Agree that they understand that failure to properly implement the required signage, retention and retrieval cart program may result in additional code enforcement actions, including administrative citations and fines.

10. Annual CRRP Confirmation with Business License Renewal. The ordinance requires that each commercial retail cart owner with 5 or more carts sign an annual certification letter that they continue to implement their CRRP and that there has been no change in that plan or conversely that there is and they identify those changes prior to issuance of the annual business license renewal. Failure to sign the agreement or subsequent acknowledgements and failure to implement will result in the suspension of the business license, until the CRRP is properly implemented.

Thaddeus McCormack
City Manager
atrick McGuckian
Acijng Director of Community Development

RECOMMENDATION
It is the recommendation of the Public Safety Committee that the CityCouncil introduce the 2< Shopping Cart Retention and Retrieval Ordinance, as prepared, for a first reading and review.

SHOPPING CART OWNERSHIP DATA - JANUARY 1,2025
STORE
Laundry =Italics Address Street Name BUS PHONE
APPROX
#of CARTS Range RETENTION METHOD RETRIEVAL PROGRAM
CART
ID Sign
Property
Warning
CRRP

ON FILE

RENEWAL

CERTIFICATION
Kohis 2650 E. Carson Street 562-425-2127 100 Carts lock at store entry WalmartSupercenter 2770 E. Carson Street 561-429-6239 300 250-300 Winco Foods 3400 E. South Street 562-529-5658 400
Walgreens 5929 Lakewood Blvd. 562-817-5690 5
JoAnn Fabrics & Crafts 5255 Lakewood Blvd. 562-634-1294 30 Savers 5227 Lakewood Blvd. 562-472-2029 100 Tall poles prevent egress Petco 5215 Lakewood Blvd. 562-630-2888 10 Tall poles prevent egress Hobby Lobby 4001 Hardwick Street 562-602-0040 80
Coin Laundry 4005 Hardwick Street 6 Tall poles prevent egress CVS 5117 Lakewood Blvd. 562-634-9100 5 Tall poles prevent egress Target 141 Lakewood Center Mall 562-894-0019 250
Costco Wholesale 500 Lakewood Center Mall 562-295-1508 600 Dollar Tree 5209 Graywood Avenue 562-213-9880 15 Tall poles prevent egress Michaels 4000 Hardwick Street 562-633-1913 25 Tall poles prevent egress Cost Plus World Market 5041 Lakewood Blvd. 562-602-0031 35 Tall poles prevent egress Burlington 4950 Faculty Avenue 562-429-5363 60
Albertsons 5015 Del Amo Blvd. 562-634-0405 80
Home Depot 5000 Hardwick Street 562-529-3500 150
HMart 20137 Pioneer Blvd 562-303-9810 150
Coin Laundry 20300 Norwalk Blvd 562-809-3433 20
Sudz Coin Laundry 12236-40 Centrailia Street 562-330-3702 8 Clover Laundry 12558 Centralia Street 562-865-7940 20
Family Coin Laundry 11820 Centralia Street n/a 10
Laundry Lane 20925 Pioneer Blvd n/a 5
Bevmo 4645 Candlewood Street 562-297-0286 20
Dollar Tree 5825 Bellflower Blvd 562-356-3315 20
Ross 5635 Woodruff Ave 562-866-9753 60
Grocery Outlet 5615 Woodruff Ave 562-920-2904 30
Vons 5500 Woodruff Ave 562-866-3781 200 160-200
Daiso 5428 Woodruff Ave 562-161-9400 20 15-20
Ace Hardware 5432 Woodruff Ave 562-303-1656 30 25-30
DollarTree 4929 Woodruff Ave 562-213-9505 50 45-50
Ralphs 5951 Del Amo Blvd 562-867-7282 180 140-180 . —
Sprouts 4253 Woodruff Ave 562-739-2541 100
Smart & Final Extra! 4237 Woodruff Ave 562-429-0500 100 80-100 Marshalls 4141 Woodruff Ave 562-497-1037 50
Alin PartySuperstore 4139 Woodruff Ave 562-420-2489 20
Vons 4226 Woodruff Ave 562-496-4144 100 90-100
Harbor Freight 4171 Woodruff Ave 562-425-1780 35
CVS 5505 Carson Ave 562-420-1403 6
CVS 6510 South St 562-867-1715 5
Wal Greens 5913 Carson Street 562-429-9120 10
Home Goods 4245 WoodruffAve 562-421-8317 100 85-100
3600
3550 Retail carts (35 stores)
50 laundry carts (6 stores)

OPTIONS OPTIONS
Tall poles prevent egress Cart Contractor
Magnetic Lock at Entry Staff Collection
Magnetic Lock atP/L
SecurityStaff
Staff Escort to Car
ORDINANCE NO. 2025-1

AN ORDINANCE OF THE CITY OF LAKEWOOD ADDING
SUBSECTION 4323 Q. TO THE MUNICIPAL CODE TO

REQUIRE COMMERCIAL BUSINESSES TO HAVE A

PROGRAM FOR SHOPPING CART IDENTIFICATION,

RETENTION, AND RETRIEVAL AND TO FIND THAT

ABANDONED CARTS ARE APUBLIC NUISANCE

THE CITY COUNCIL OF THE CITY OF LAKEWOOD DOES ORDAIN AS FOLLOWS:

SECTION 1. PURPOSE. The Lakewood City Council hereby finds that ongoing shopping cart theft, vandalism and abandonment are ongoing problems that are public nuisances per se. Abandoned carts create potential hazards to the health and safety of Lakewood residents and often interfere with pedestrian and vehicular traffic safety within the City of Lakewood. The accumulation of abandoned and vandalized shopping carts on both public and private property creates conditions with visual blight that reduce property values, encourage property deterioration and otherwise impact the general welfare of Lakewood residents. This is an avoidable situation, and the purpose of this ordinance is to require commercial property owners and tenants to take responsibility for the monitoring, retention and retrieval of their shopping and laundry carts. They shall create programs and procedures to provide public notice, prevent theft and removal of carts and to facilitate the regular retrieval of abandoned cartsin a timely manner.

SECTION 2. Subsection 4323 Q of the Lakewood Municipal Code establishing a commercial cart identification, retention, and retrieval program is hereby added to read as follows:
4323. PROPERTY NUISANCES.

Q. Cart Retention and Retrieval Program. Each commercial business owner or tenant (“Cart Owner”) that provides five (5) or more shopping or laundry carts (“Carts”) for use by their customers on their business premises shall develop and implement a Cart Retention and Retrieval Program (“CRRP”) for their commercial business. The CRRP shall cover all Cart operations on the business premises, which includes the retail building/ tenant space and all related parking lot areas, including those that are shared with reciprocal access rightsin a shopping center. The CRRP shall address proceduresfor Cart identification, property signage prohibiting Cart removal without written permission, Cart retention systems and Cart retrieval services/programs in conformance with California Business and Professions Code (“BPC”) Section 22435 et.seq.

Each Cart Owner shall submit to and obtain approval from the Community Development Director or their designee of the CRRP. The Cart Owner shall then sign and submit an annual CRRP Certification Letter to City Finance Director prior to issuance and as a condition of the annual business license renewal or the initial business license issuance by the City Finance Ordinance No. 2025-1

Page 2 ends

Director. TheCart Owner shall acknowledge in the certification letter that they have an approved CRRP and that they will properly implement the CRRP as detailed in the approved plan or as modified and updated in the CRRP Certification Letter.

The updated information to be listed in the CRRP Certification Letter includes: any changes in the number, color and/or sizes of Carts on the subject site, any changes to the required Cart or property signage and/or any changes to the approved retention and retrieval procedures.

Any Cart Owner that fails to submit a CRRP shall not be issued a business license until such time the CRRP is submitted, reviewed and approved by the Community Plan Director and the CRRP Certification Letter is submitted and accepted by the Finance Director. Any failure to properly implement and update the approved CRRP is a violation of the Lakewood Municipal Code, and theCity may pursue any available enforcement remedy provided by the code, including administrative citations and fines.

1. Definitions for Cart Retention and Retrieval Programs. Definitions of words related to Cart requirements in this section shall be as currently listed and as amended from time to time in state law as BPC section 22435 et. seq. and in addition, as follows:
(a) “Abandoned Cart” means any shopping Cart that has been removed, without written consent oftheCart Owner,from theCart Owner’s business premises and/or parking areas of the retail establishment on which the Cart Owner’s business premises is located.

The Cart Owner’s business premisesmayinclude a multi-store shopping center with shared areas of parking and public access.
(b) “Cart Retention and Retrieval Plan” or “CRRP” shall mean a document submitted by the Cart Owner and approved by the City that provides a plan for how the Cart Owner will prevent Carts from becoming abandoned and acts as an implied promise by the Cart Owner to comply with the plan.
(c) “Cart” means a basket which ismounted on wheels or a similar device generally used in a retail establishment by a customer for transporting goods of any kind, including, but not limited to, grocery store shopping Carts and laundromat laundry Carts. (d). “Owner or Cart Owner” means any person, firm, partnership, corporation, association, tenant, or other entity who owns, possesses, or makes a Cart available for the use of the Owner’s customers or the public in connection with the management and operation of the Owner’s business. “Owner” for the purposes of this section shall also include the Owner’s on-site business manager or designated agent that provides Carts for use by Owner’s customers or the public.
(e) “Premises” means the entire area owned, utilized or under the control of the business establishment that provides Carts for use by customers, including any parking area or other off-street area provided by or for use by a customer of the business establishment.
(f) “Unidentified Cart” means any Cart that does not have the required Cart identification sign permanently attached in compliance with BPC 22435 et. seq.

2. Unauthorized Cart Removal or Cart Possession. In conformance and compliance with California Business and Professions Code Section 22435 et. seq., it is unlawful for any person to have the intent to temporarily or permanently deprive the Cart Owner of possession of a Cart and do any of the following
(a) Remove a Cart from the Cart Owner’s business premises.

Ordinance No. 2025-1

Page 3 ends

(b) To leave or abandon a Cart at a location otherthan the subject business premises. (c) To be in possession of any Cart, while that Cart is not located on the Cart Owner’s business premises.
(d) To alter, convert, or tamper with aCart, or to remove any part or portion thereof or to remove, obliterate or alter serial numbers or the identification placard on a Cart. (e) These provisions do not apply to theCart Owner or to their agents or employees, or to a Cart Owner customer, who has written consent from the Cart Owner to be in possession of the Cart and/or to be allowed to remove the Cart from the Cart Owner’s business premises or to do any of the acts specified, required and allowed in this section.

3. All Carts Secured Daily. All Cart Owners, regardless of the number of Carts owned, shall ensure that all Carts are secured from public access after the close of business every day.

4. Cart Identification. Each Cart at a business shall have a permanently installed and readily visible identification placard that states the business name, address, phone number and, if applicable, an email address for the Cart Owner. The placard shall state that the removal of the Cart from the business premises and or possession of a Cart removed from the premises is a punishable violation of BPC 22435 et. seq. Placard example:

DO NOT REMOVE THIS CART
Unauthorized Removal or Possession of this Cart
Away from the business location is a violation of
State Law BPC 22435 et. seq.

IF FOUND-PLEASE CALL OR RETURN TO:
(List business address, phone number, email and/or Cart retrieval service)

5. Property Warning Signs. Each Cart Owner shall permanently install readily visible warning signs at each point of normal ingress and egress both inside the retail store at doors and in parking lotsthat state that the removal of the Cart from the business premises and or possession of a Cart removed from the premises is a violation of BPC 22435 et. seq. Warning sign example:

WARNING

DO NOT REMOVE CARTS FROM PROPERTY
Unauthorized Removal or Possession of a Cart
Away from this Business Location is a Violation of
State Law BPC 22435 et. seq. and it will be Enforced.

IF FOUND, PLEASE RETURN CARTS

6. Cart Retention Program. The Cart Owner shall include in the CRRP a description of the specific measures that they propose to implement to prevent Cart removal and to retain Carts on the business premises. Approval of the Community Development Director or designee is required. These measures may include, but are not limited to:
(a) Electronic/magnetic wheel locks or other physical disabling devices on die Cartsso they cannot be easily removed from the store or from a parking lot, (b) Security staff to prevent removal from the store or from a parking lot, (c) Courtesy clerks to accompany customers out and return the Carts to the store, (d) Security deposit for temporary use of a Cart, or
(e) Other acceptable Cart removal prevention procedures or methods.

7. Cart Retrieval Program. Cart Owners shall establish an internal program or contract with an external service to retrieve abandoned Carts in the City of Lakewood within seventy-two Ordinance No. 2025-1

Page 4 ends

(72) hours of being notified of Hie location of the abandoned Cart. The Cart Owner shall include in the CRRP a description of the specific retrieval system they propose to implement. Approval of the Community Development Director or designee is required. These measures may include, but are not limited to:
(a) Cart Ownerstaff picking up and returning any reported abandoned Carts daily. (b) Cart Owner staff canvassing the area within 14 mile of the business weekly. (c) Contracting with a Cart retrieval service to canvass and pickup Carts, daily. (d) Multiple businesses may collaborate and submit a single retrieval plan (e) Other acceptable Cart retrieval procedures or methods.

8. City Retrieval and Disposal of Carts. The City may retrieve an abandoned Cart from public property (or private property with the consent of the private property Owner) in the following circumstances:
(a) The Cart is an unidentified Cart without the required identification placard. (b) The location of the Cart ison public right-of-way and impeding safe operations. (c) The location of the Cart has been determined to be unsafe by an emergency service agency staff member (e.g., fire or sheriff, etc.) (d) TheCity has confirmed notification of the Cart Owner, the Owner’s agent, and/ or the contracted Cart retrieval service listed by the Cart Owner in the approved CRRP and the Cart has not been retrieved within five (5) city business days from the confirmed notification.

Confirmed notification to the Cart Owner or their identified agent/staff by city staff includes the following: 1) a connected two-way phone conversation, not just a message; 2) a confirmed email message acknowledging the Cart will be picked up and 3) a certified return receipt letter notifying Cart Owner of the Cart location.

Following such retrievals and compliance with the above listed notification and allowed retrieval requirements, the City may then dispose ofsuch unidentified or unclaimed Carts by destruction, recycling, donation, or surplus sales.

9. Enforcement. Abandoned, unidentified and unclaimed Carts are all hereby determined to be a public nuisance per se. The unauthorized removal or possession of a Cart away from the Cart Owner’s business premisesis an unlawful act prohibited by state law and city regulation. The failure of aCart Owner to have an approvedCRRP or to properly implement or update an approved CRRP is a violation of this Code. These are all subject to all enforcement remedies and actions allowed by the Lakewood Municipal Code or as otherwise required by state law, including but not limited to administrative citations, fines and criminal law penalties, when applicable.

SECTION 3. SEVERABILITY. If any section, subsection, subdivision, sentence, clause, phrase, or portion of this Ordinance, is for any reason held to be invalid or unconstitutional by the decision of any court of competent authority, such decision shall not affect the validity of the remaining portions of this Ordinance. The City Council hereby declaresthat it would have adopted this Ordinance and each section, subsection, subdivision, sentence, clause, phrase, or portion thereof, irrespective of the fact that any one or more sections,subsections, subdivisions,sentences, clauses, phrases, or portions thereof be declared invalid or unconstitutional.

SECTION 4. CONTINUITY. To the extent the provisions of the Lakewood Municipal Code as amended by this Ordinance are substantially the same as the provisions of that Code as Ordinance No. 2025-1

Page 5 ends

they read immediately prior to the adoption of this Ordinance, then those provisions shall be construed as continuations of the earlier provisions and not as new enactments.

SECTION 5. CERTIFICATION. The City Clerk shall certify the adoption of this Ordinance and shall post a certified copy of this Ordinance, including the vote for and against same, in the Office of the City Clerk, in accordance with Government Code Section 36933. The City Council hereby finds and determines there are no newspapers of general circulation both published and circulated within the City and,in compliance with Section 36933 of the Government Code, directs the City Clerk to cause the ordinance within 15 days after its passage to be posted in at least three (3) public places within the City as established by Ordinance.

SECTION 6. EFFECTIVE DATE. This Ordinance shall be posted and/or published as required by law and shall take effect thirty (30) days after its adoption.

ADOPTED AND APPROVED this day of , 2025,
by the following roll call vote:

AYES NAYS ABSENT
Council Member Wood
Council Member Croft _____ _____
Council Member Arellano
Council Member Chase
Mayor Rogers
ATTEST:

Mayor
City Clerk

COUNCIL AGENDA
January 14, 2025
TO: The Honorable Mayor and City Council
SUBJECT: CalPERS Accelerated Payment Options

INTRODUCTION
This report is included in both the study session and regular meeting agendas. The item was partially presented to the City Council at the November 12, 2024 study session. Unfortunately, there was insufficient time to complete the presentation prior to die start of the regularly scheduled 7:30 pm meeting. The presentation at the study session will resume and not require formal action as it will focus on funding options with much of the background information having been already covered. Subsequently, the presentation at the regular meeting will be centered on the recommended formal action.

STATEMENT OF FACT
It isimportant to differentiate the three cost components associated with CalPERS’ pension debt:
• Employee Share - 7% of an employee’s salary for “Classic” employees and 7.75% for employees new to CalPERS starting in 2013 (known as PEPRA Employees - Public Employees Pension Reform Act). Classic employees currently pay 5.5% of the 7% (by FY 2026-27 employees will pay the full 7%) and PEPRA Employees pay their full 7.75% share. This totals about $1.4 million, mostly paid by employees. • Normal Cost - The value of pension benefits earned by employees annually. This is approximately $1.8 million for FY 2024-25 and paid by the City.

3.1 CalPERS Accelerated Payment Options
January 14, 2025

Page 2 of 5 ends

As shown in the exhibit, the City's annual UAL $3.18 million payment to CalPERS is applied toward individual yearly adjustment amounts where there is a loss. Therefore, when looking to reduce the UAL with additional payments it is necessary to develop a targeting strategy and detennine the preferred objective. Selecting to pay a shorter amortization base positively impacts cash flows by lowering the amount to be budgeted and paid short-term. Conversely, selecting a longer base maximizes the savings as it minimizes the amount of interest to accumulate over a longer period of time. This will be highlighted graphically during the presentation.

City General Fund Reserves
The City maintains sound General Fund reserve levels that are put into various classifications.

See Exhibit B. These funds are invested as part of the City's overall investment portfolio with yields varying annually based on market conditions, with most current investment yields between 4% and 5%. Combined, two of the General Fund reserve classifications have earmarked funds for pension and personnel obligations totaling approximately $7.9 million. This includes $1 million set aside for this specific purpose and approximately $6.9 million maintained in broader General Fund reserves as Pension and Personnel obligations with a significant CalPERS-linked component. Further detail on this is provided in Exhibit B. By remitting any portion of the above funds to CalPERS, the City can benefit from CalPERS’ fonnally anticipated

6.8% rate of return. Staffs recommendation is to submit the $1 million mentioned above and gather Council feedback regarding the possibility of additional reserve funds being remitted to CalPERS over the next two years for potentially a greater yield on investment. Spacing out the payments could be advantageous as it may help mitigate timing risk. As we know, CalPERS investments (like any other) can greatly fluctuate from one year to another.

CalPERS Accelerated Payment Options
January 14, 2025

Page 3 of 5 ends

STAFF RECOMMENDATION
It is recommended that the City Council consider reducing the cost of long-term financial obligations by 1) setting an appropriation and payment of $1 million from General Fund set¬ asidereserves toward the CalPERS Unfunded Accrued Liability (UAL) account or 2) setting aside a different appropriation and payment amount from General Fund set-aside reserves toward the CalPERS UAL account.

Jose Gomez
Director of Administrative Services
Thaddeus McCormack
City Manager
CalPERS Accelerated Payment Options
January 14, 2025

Page 4 of 5 ends

Exhibit A
Amortization Bases - June 30, 2025
$37,973,517 $3,180,626
Year Reason Term UAL Payment
1 2004 Method Change NO 1 (37,933) (39,202)
2 2009 Assumption Change NO 6 1,726,370 326,431
3 2009 Special (Gain)/Loss NO 16 2,529,068 214,170
4 2010 Special (Gain)/Loss NO 17 868,886 70,446
5 2011 Assumption Change NO 8 1,527,536 224,673
6 2011Special (Gain)/Loss NO 18 (1,186,488) (92,407)
7 2012 (Gain)/Loss NO 19 139,046 10,434
8 2012 Payment (Gain)/Loss NO 19 61,592 4,622
9 2013 (Gain)/Loss 100% 20 14,398,142 1,123,031
10 2014 {Gain)/Loss 100% 21 (13,724,450) (1,031,273)
11 2014 Assumption Change 100% 11 5,187,095 692,978
1Z 2015 (Gain)/Loss 100% 22 3,808,112 276,402
13 2016 (Gain)/Loss 100% 23 8,113,997 570,240
14 2016 Assumption Change 100% 13 2,103,413 238,102
15 2017 (Gain)/Loss 100% 24 (4,144,319) (282,622)
16 2017 Assumption Change 100% 14 2,899,652 306,166
17 2018 (Gain)/Loss 100% 25 (284,973) (18,895)
18 2018 Assumption Change 100% 15 4,658,001 461,930
19 2018 Method Change 100% 15 1,262,731 125,224
20 2019 Investment (Gain)/Loss 100% 16 680,876 68,822
21 2019 Non-lnvestment (Gain)/Loss NO 16 606,887 61,344 22 2020 Investment (Gain)/Loss 80% 17 3,320,083 264,615 23 2020 Non-lnvestment (Gain)/Loss NO 17 (960,471) (93,879) 24 2021Assumption Change NO 18 745,439 70,676
25 2021 Net Investment (Gain) 60% 18 (16,931,289) (1,018,020) 26 2021 Non-lnvestment (Gain)/Loss NO 18 (1,658,907) (157,284) 27 2021 Risk Mitigation NO 0 - -
28 2021 Risk Mitigation Offset NO 0 - -
29 2022 Benefit Change NO 19 209,239 19,297
30 2022 Investment (Gain)/Loss 40% 19 23,137,142 951,104 31 2022 Non-lnvestment(Gain)/Loss NO 19 1,734,932 160,000 32 2023 Investment (Gain)/Loss 20% 20 1,070,951 23,020
33 2023 Non-lnvestment (Gain)/Loss NO 20 (3,886,843) (349,519) CalPERS Accelerated Payment Options
January 14, 2025

Page 5 of 5 ends

Exhibit B
FY 2023-24 Financial Statement Excerpt - General Fund Reserves Type of Reserve Amount
Nonspendable
Prepaid items 58,327
Inventories 92,241
Receivables from Successor Agency 11,096,154
Committed
Self Insurance 4,000,000
Pension and Personnel obligations 6,894,823
Capital projects 7,020,709
Refuse stabilization 1,964,966
Economic uncertainties 16,684,127
Assigned
infrastructure Development 6,000,000
ARPA Exchange (balance) 7,420,410
Measure L CIP Reserve 9,263,687
Equipment Replacement 2,384,230
Contract emergency services 2,576,423
Legal Fees Contingency 1,300,000
Pension Obligations Paydown 1,000,000
Measure L Long-Term Reserve 18,600,000
Unassigned 2,616,589
TOTAL FUND BALANCE $ 98,972,686
* Details are as follows:
$ 4,417,438 Combined CalPERS Normal Costand UALobligations for one year 461,304 PARS UAL Normal Costand UALobligations for one year 2,016,081 Employee compensated absences (the value of all vacation and sick leave balances) $ 6,894,823 Total

DIVIDRSHE

CITY OF LAKEWOOD SUCCESSOR AGENCY - HOUSING
FUND SUMMARY 12/12/2024
In accordance with section 2521 of the Lakewood Municipal Code, presented herewith is a summary of obligations to be paid by the City of Lakewood. Each of the following demands has been audited by the Director of Finance and Administrative Services and approved by the City Manager. 3901 HOUSING SUCCESSOR AGENCY 9,900.00
9,900.00
Council Approval
Date
Attest
City Clerk
City Manager
Director of Finance and Administrative Services
LHSA-1

CITY OF LAKEWOOD SUCCESSOR AGENCY - HOUSING

SUMMARY CHECK REGISTER

CHECK CHECK

DATE VENDOR NAME AMOUNT
12/11/2024
12/11/2024
CHICAGO TITLE CO 50.00
FLEX PAINTING 9,850.00
Totals: 9,900.00

Page 1 of 1 ends

CITY OF LAKEWOOD SUCCESSOR AGENCY - HOUSING
FUND SUMMARY 12/19/2024
In accordance with section 2521 of the Lakewood Municipal Code, presented herewith is a summary of obligations to be paid by the City of Lakewood. Each of the following demands has been audited by the Director of Finance and Administrative Services and approved by the City Manager. 3901 HOUSING SUCCESSOR AGENCY 44,088.50
44,088.50
Council Approval
Date
Attest
City Manager
City Clerk Director of Finance and Administrative Services

CITY OF LAKEWOOD SUCCESSOR AGENCY - HOUSING

SUMMARY CHECK REGISTER
check
DATE
CHECK

VENDOR NAME AMOUNT
12/19/2024
12/19/2024
WILLDAN ASSOCIATES 9,088.50
LISSAK. NATALIE AND 35,000.00
Totals: 44,088.50

Page 1 of 1 ends

CITY OF LAKEWOOD SUCCESSOR AGENCY - HOUSING
FUND SUMMARY 1/9/2025
In accordance with section 2521 of the Lakewood Municipal Code, presented herewith is a summary of obligations to be paid by the City of Lakewood. Each of the following demands has been audited by the Director of Finance and Administrative Services and approved by the City Manager. 3901 HOUSING SUCCESSOR AGENCY 55.05

55.05 Council Approval
Date
Attest
City Manager
City Clerk Director of Finance and Administrative Services

CITY OF LAKEWOOD SUCCESSOR AGENCY - HOUSING

SUMMARY CHECK REGISTER

CHECK CHECK

DATE VENDOR NAME AMOUNT
01/09/2025 FEDERAL EXPRESS CORP 55.05
Totals: 55.05

Page 1 of 1 ends

Lakewood City CouncilJanuary 14, 2025

Lakewood City Council
January 14, 2025