1 City Council Regular Meeting Agenda
August 18, 2022
NOTICE TO PUBLIC
Any writings or documents provided to a majority of the City Council regarding any item on the open session portion of this agenda will be made available for public inspection in the City Clerk’s office located at 26379 Fremont Road, Los Altos Hills, California during normal business hours. These materials will also be made available on the City website at www.losaltoshills.ca.gov subject to Staff’s ability to post the documents before the meeting.
NOTE: To protect our constituents, Town officials, and Town staff, the Town requests all members of the public follow the guidance of the California Department of Health Services', and the County of Santa Clara Health Officer Order, to help control the spread of COVID-19. Additional information regarding COVID-19 is available on the City's website at www.losaltoshills.ca.gov This City Council meeting will be conducted pursuant to the provisions of Assembly Bill 361 and Government Code Section 54953(e) (and without compliance with section 54953(b)(3)) related to conducting public meetings during the COVID-19 pandemic. The City Council, staff and members of the public may participate in the meeting virtually via Zoom Video Conference or in person at Town Hall, 26379 Fremont Road, Los Altos Hills, California.
The City Council meeting will be live-streamed on the Town’s website and via zoom at the following location:
https://bit.ly/August18CCMeetingLAH
Webinar ID: 858 5647 0827
Passcode: 94022
Phone: 669 900 6833
Members of the public may attend the meeting in person at the Los Altos Hills City Council Chambers. If attending in person, face coverings for persons who are not vaccinated, and physical distancing will be required until further notice. Public comment will also be accepted via email at [email protected] prior to the start of the meeting. Written comments will be posted on the website and distributed to the Council. If you choose to email your comments, please indicate in the subject line “FOR PUBLIC COMMENT” and indicate the item number.
Public testimony will be taken at the direction of the Mayor and members of the public may only comment during times allotted for public comments.
Town of Los Altos Hills
City Council Regular Meeting Agenda
Thursday, August 18, 2022 at 6:00 p.m.
Council Chambers, 26379 Fremont Road
Los Altos Hills, California
2 City Council Regular Meeting Agenda
August 18, 2022
CALL TO ORDER (6:00 P.M.)
A. Roll Call
B. Pledge of Allegiance
1. AGENDA REVIEW
2. PRESENTATIONS AND APPOINTMENTS
A. Reappointment to the Los Altos Hills Environmental Design and Protection Committee
B. Appointment to the Los Altos Hills History Committee C. Appointment to the Los Altos Hills Pathways Committee D. Mid-Year Status Update on 2022 Council Strategic Goals E. Planning Commission’s Ad Hoc Committee’s Presentation on SCCFD Driveway Requirements Relating to ADU and Lot-Split Development by Planning Commission Chair Jim Waschura
F. Presentation by the Santa Clara County Office of the Sheriff on the Differences Between a Motorcycle and a Patrol Vehicle
3. PRESENTATIONS FROM THE FLOOR
Persons wishing to address the Council on any subject not on the agenda may do so now. Please complete a Speaker Card located on the back table of the Council Chambers and submit it to the City Clerk. Comments are limited to two (2) minutes per speaker. California law prohibits the Council from acting on items that do not appear on the agenda. Under a Resolution previously adopted by the Council, such items can be referred to staff for appropriate action, which may include placement on the next available agenda.
4. CONSENT CALENDAR
A. Approval of Regular City Council Meeting Minutes – June 16, 2022 B. Approval of Joint City Council/Planning Commission Special Meeting – June 20, 2022 C. Approval of Special City Council Meeting Minutes – July 18, 2022 D. Review of Disbursements for July 1-31, 2022 $1,679,756.87 E. Motion to Re-Authorize Remote Teleconference Meetings of the Town of Los Altos Hills, Including the Planning Commission and Committees, due to the Imminent Risks to the Health and Safety of Attendees and Making Related Findings Pursuant to AB 361 (Staff: S. Mattas)
3 City Council Regular Meeting Agenda
August 18, 2022
F. Request by the Los Altos Hills History Committee for approval to hold the Committee’s Fall Annual Presentation the “Tales of Former Mayors” and to Advertise the Presentation (History Committee)
G. Receive Quarterly Investment Portfolio Report Quarter Ending June 30, 2022 (Staff: S.
Revillar)
H. Resolution Authorizing the City Manager to Execute Standing Purchase Orders for Fiscal Year 2022-23 in an amount not to exceed $6,949,991 (Staff: S. Revillar) I. Resolution Approving Changes to Job Description for Management Analyst II, Creating a Job Description for an Assistant to the City Manager, Reclass the Senior Community Services Supervisor to Community Services Manager, Create a Job Description for Deputy Building Official/Plan Examiner and Resolution Approving Amending the Employee Classification and the Salary Schedule (Staff: S. Revillar) J. Resolution of the Town to Abide by the California Disaster and Civil Defense Master Mutual Aid Agreement, and Resolution Clarifying Workers' Compensation Benefits for Registered Disaster Service Worker Volunteers (Staff: C. Einfalt) K. Resolution Awarding a Contract for the 2022 Pavement Rehabilitation and Drainage Improvement Project (Staff: O. Antillon)
L. Resolution Awarding a Contract for Design and Permitting Services for the Summerhill Pathway Project (Staff: O. Antillon)
M. Resolution Approving the Designation of System Low Carbon Fuel Standard (LCFS) Credits to Power Flex (Staff: O. Antillon)
N. Resolution Awarding a Contract for the Corporation Yard Site Improvements Project (Staff: O. Antillon)
O. Notification of Fast Track Approval; 26880 Ortega Drive – File #SD22-0006 – Lands of Rajwar Family Trust - Site Development Permit for a 1,866 square-foot addition, which includes a new 789 square-foot lower floor, to an existing singlestory residence and new patios and walkways. CEQA review: Categorical Exemption per Section 15303(e) (Staff: J. Loh)
Appeal Deadline: Tuesday, August 23, 2022 at 5:00 p.m.
5. ONGOING BUSINESS
A. Receive a Report on the Findings for the Community Facilities Needs Assessment and Provide Direction on Town Hall Addition/Community Space (Staff: S.
Robustelli)
4 City Council Regular Meeting Agenda
August 18, 2022
B. Resolution to Authorize the City Manager to Submit Payment to the Santa Clara County Office of the Sheriff for Additional Law Enforcement Services Received during FY 21- 22 totaling $32,197 (Staff: C. Einfalt)
C. Update to Council Appointments to Committees and Outside Agencies 2022 (Staff:
D. Padovan)
6. PUBLIC HEARINGS
City Council Ex Parte Contacts Policy Disclosure
A. Approval of a Tentative Map to create a two-lot subdivision of an existing 2.20 gross acre parcel (APN 182-028-026. Proposed new Parcel A would be 1.010 acres and the proposed new Parcel B would be 1.073 acres (Staff: S. Mangalam)
7. NEW BUSINESS
A. Introduction of an Ordinance (First Reading) of the City Council of the Town of Los Altos Hills Authorizing an Amendment to the Contract Between the Town and the Board of Administration of the California Public Employees’ Retirement System and Resolution of Intention to Approve an Amendment to Contract Between the Board of Administration California Public Employees' Retirement System and the City Council of the Town of Los Altos Hills (Staff: S. Revillar)
8. STAFF REPORTS
A. City Attorney
B. City Clerk
C. Planning/Building Director
D. Administrative Services Director
E. Public Works Director
F. City Manager
9. REPORTS FROM COUNCIL LIAISONS ON STANDING COMMITTEES, AD HOC
COMMITTEES, AND COUNCIL MEMBERS ON OUTSIDE AGENCIES
A. Report by the Undergrounding Subcommittee (Mayor Tyson) B. Report from the Council Ad Hoc Committee on Community Surveys (Mayor Tyson/Councilmember Schmidt)
C. Report from the Council Town Hall Ad Hoc Committee (Mayor Tyson/Councilmember Schmidt)
D. Report from the Council Ad Hoc Committee Focusing on Broadband (Councilmembers Mok and Tankha)
5 City Council Regular Meeting Agenda
August 18, 2022
E. Status Reports from All Councilmembers on Subcommittee and Outside Agencies Activities
10. COUNCIL INITIATED
A. Request by the Environmental Initiatives Committee for Consideration to Direct Staff to Prepare Leaf Blower Regulations (Councilmember Mok)
B. Request for Consideration to Offering a Lifetime Volunteer Award to Qualified Individuals (Vice Mayor Swan)
C. Request by the Environmental Initiatives Committee to Participate in a new CommunityBased Network to Sample the Chemical Composition of Natural Gas Delivered to Los Altos Hills Homes (Councilmember Schmidt)
11. ADJOURN
Pursuant to Ordinance No. 506, the Council Meeting shall adjourn no later than 10:00 p.m., unless otherwise approved by a majority of the Councilmembers present.
ASSISTANCE FOR PERSONS WITH DISABILITIES
In compliance with the Americans with Disabilities Act, if you need special assistance to participate in the meeting, please contact the City Clerk at 650-941-7222. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting.
Copies of all agenda reports and supporting data are available for inspection at Town Hall, 26379 Fremont Road 72 hours in advance of the meeting.
A complete agenda can be found on the Town’s webpage: http://www.losaltoshills.ca.gov. A complete packet of information is available for inspection during the meeting at the table to the back of the Council Chambers and online. Council may take action on any agendized matter in any manner deemed appropriate by Council.
TOWN OF LOS ALTOS HILLS
MEMORANDUM
DATE: August 18, 2022
TO: Honorable Mayor and Members of the Council
FROM: Deborah Padovan, City Clerk
RE: Reappointments to the Los Altos Hills Environmental Design and Protection Committee
As of July 2022, Vijay Chawla has completed her first, four-year term on the Environmental Design and Protection Committee. She has expressed an interest to the City Clerk to be reappointed for an additional four-year term.
Resolution 58-22 stipulates that the membership of this committee shall consist of a maximum of eight (8) members. With this reappointment, the Committee would have two (2) vacancies.
AGENDA ITEM #2.A
D.P.
TOWN OF LOS ALTOS HILLS
MEMORANDUM
DATE: August 18, 2022
TO: Honorable Mayor and Members of the Council
FROM: Deborah Padovan, City Clerk
RE: Appointments to the Los Altos Hills History Committee Attached for your review and consideration is an application from Bernardo Ferrari for appointment to the Los Altos Hills History Committee. Their terms would run four years, beginning in August 2022 and end August 2026.
Resolution 58-22 stipulates that the membership of this committee shall consist of a minimum of five (5) members and a maximum of nine (9) members. The Town currently has five (5) vacancies on the committee. With this appointment, the committee would have four (4) openings.
AGENDA ITEM #2.B
D.P.
From: [email protected]
To: Deborah Padovan; Chris Knopf; Sarah Robustelli
Subject: Online Form Submittal: Town Committee/Planning Commission Application Form Date: Saturday, August 6, 2022 8:37:06 PM
Town Committee/Planning Commission Application Form
Town of Los Altos Hills
26379 Fremont Road
Los Altos Hills, CA 94022
Phone: 650-941-7222
Fax: 650-941-3160
About this Application
Town citizens are encouraged to apply at any time to serve on the Town’s committees, and certain special appointed positions. Applications are reviewed when openings are available; qualified applicants will then be invited to interview with the City Council. This application is intended to assist the City Council to learn more about you and your interests in serving on one of the Town’s committees.
Preference for Serving
On:
History Committee
Name Bernardo Ferrari
Registered Voter Yes
Address
Home Phone
Work Phone Field not completed.
Cell Phone
Email Address
Number of Years Town
Resident
65 (Section Break)
What motivated you to
apply to serve on the
Committee /
Commission?
Interest in Los Altos Hills History
How many meetings
have you attended of
1
the Committee /
Commission for which
you are applying?
Please describe your
involvement in
community activities,
civic services, and
volunteer
organizations.
Senior Class President Los Altos HighSchool 1974
Outreach Lectures in Orthopedic Surgery El Camino Hospital What skills and / or
attributes will you bring
to the Committee /
Commission you are
applying for?
I have lived in Los Altos Hills all of my life and benefited from the unique attributes of the town. I rode in horseshows at Hidden Villa, cut apricots for Julie Packard, swam with the neighbor kids in Adobe Creek, mountain biked windmill pasture, carved my initials in the pew at the chapel at Poor Clairs, rode my bike to town independently in third grade and had a happy childhood with a degree of independence that is no longer possible. My family has had the privilege to live in the 1916 Colonel John J Howard Estate since 1927. We still grow fruit, vegetables and raise chickens much like in 1916.
What particular area of
responsibility on this
Committee /
Commission interests
you?
General historical and cultural preservation.
Education Background
and Professional
Activities
Purissma School 1968
Los Altos High School 1974
UC Riverside BS Biomedical Sciences 1978
UCLA MD 1981
Cleveland Clinic Foundation Residency Orthopedic Surgery 1986 Orthopedic Surgeon PAMF Mountain View 1987-2022
Medical Staff El Camino Hospital 1987-2022
Please state reasons
why you want to
become a member of
this Committee /
Commission, including
what specific objectives
you would be working
toward as a member.
My grandfather Louis Ferrari, Assistant District Attorney for San Francisco, was involved with the Hetch Hetchy water project. As chief legal counsel for the Bank of Italy, he was responsible for regulatory approval for branch banking in the State of California that allowed the Bank of Italy to become the Bank of
America.Legend has it that the Golden Gate Bridge was
designed 17 years before it was built, but the technology was so new no financial institutions were comfortable originating the bonds. AP Giannini, Chief or the Bank of America were drinking wine on BBQ Hill at our family home in LAH when they decided to take the risk to finance the Golden Gate Bridge.My grandfather was also involved with financing the Hover Dam and the
Transatlantic Cable. My dad, Gerald B. Ferrari was involved with the conditional use permit for the Seton Provincialate on Altamont Road that has resulted in the Daughters of Charity
keeping many acres of open space in LAH. Many important contributions have come from the residents of Los Altos Hills and I want to learn more about them.
Are you aware of any
existing or proposed
Town or private
projects or personal
relationships that may
create a conflict of
interest that could
affect your decisions?
No
If "Yes", please explain.
If "No", please type
"N.A."
N/A
Are you aware of any
issues now or
proposed that might
require you to recuse
yourself?
Yes
If "Yes", please explain.
If "No", please type
"N.A."
N/A
Membership on
standing Committees /
Commissions often
entails meetings
throughout the year,
and most Committees /
Commissions meet at
least once monthly.
Can you be available
for these meetings?
Yes
I voluntarily submit this application to the Town of Los Altos Hills Standing Committees/Planning Commission, and verify that the information contained in this application is correct.
Please check the box I have read the Code of Conduct for Appointed Persons Signature Bernardo Ferrari
Date 8/6/2022
(Section Break)
Please let us know how
you heard about the
Town's Committees
and Membership
Application.
Friend / Neighbor
(Section Break)
Please Note
Please note that your appointment will be posted on the Town’s website as a Standing Committee member. Your signed application is public record and will be available on request.
Online Resources Town of Los Altos Hills Website
Questions?
Questions and additional information regarding the selection process should be directed to the City Clerk at 650-941-7222.
Thank you for your interest in serving your community!
Email not displaying correctly? View it in your browser.
TOWN OF LOS ALTOS HILLS
MEMORANDUM
DATE: August 18, 2022
TO: Honorable Mayor and Members of the Council
FROM: Deborah Padovan, City Clerk
RE: Appointment to the Los Altos Hills Pathways Committee Attached for your review and consideration are two applications for appointment to the Los Altos Hills Pathways Committee:
• Jennifer Basiji
• Joe Mitchell
The term would run four years, beginning in August 2022 and end August 2026.
Resolution 58-22 stipulates that the membership of this committee shall consist of a maximum of nine (9) members. Due to the resignation of Alisa Bredo, there is one (1) opening on the committee. With this appointment, the Committee would have a total of nine (9) members and no vacancies.
AGENDA ITEM #2.C
D.P.
From: [email protected]
To: Deborah Padovan; Chris Knopf; Sarah Robustelli
Subject: Online Form Submittal: Town Committee/Planning Commission Application Form Date: Sunday, July 3, 2022 8:40:45 AM
Town Committee/Planning Commission Application Form
Town of Los Altos Hills
26379 Fremont Road
Los Altos Hills, CA 94022
Phone: 650-941-7222
Fax: 650-941-3160
About this Application
Town citizens are encouraged to apply at any time to serve on the Town’s committees, and certain special appointed positions. Applications are reviewed when openings are available; qualified applicants will then be invited to interview with the City Council. This application is intended to assist the City Council to learn more about you and your interests in serving on one of the Town’s committees.
Preference for Serving
On:
Pathways
Name Jennifer Basiji
Registered Voter Yes
Address , Los Altos Hills, CA 94022
Home Phone
Work Phone Field not completed.
Cell Phone
Email Address
Number of Years Town
Resident
33 (Section Break)
What motivated you to
apply to serve on the
Committee /
Commission?
I have been approached by several community members. .
How many meetings
have you attended of
None in the last 15 years or so. I keep abreast of some issues via my community contacts.
Basiji, Jennifer
the Committee /
Commission for which
you are applying?
Please describe your
involvement in
community activities,
civic services, and
volunteer
organizations.
Past board member, Childrens Corner Los Altos.
Past volunteer at Westwind 4H
Past PTA/various committees
District Commissioner Unites States Pony Club/Pacific Ridge based out of Westwind Barn
Past Board Member, Master Sinfonia Chamber Orchestra
Volunteer at local soup kitchens, etc.
Art lessons in stone carving to a local scout organization.
Past Member of ETRAC (Equestrian Trail Riders Action
Committee)
What skills and / or
attributes will you bring
to the Committee /
Commission you are
applying for?
I have either walked the dogs, hiked, or ridden my horse on most of the Pathway System of Los Altos Hills. I feel more connected to my community because of these activities. My interest in ensuring the system remains in tact, or is enhanced going forward is motivated by the belief that once a resident understands why this system is so remakable, their children and grandchildren will benefit. I now have six grandchildren, some of whom have already enjoyed our trails. We cannot make every resident physically explore these trails, but perhaps we can deliver stories of the benefits of having a goal to do so.
What particular area of
responsibility on this
Committee /
Commission interests
you?
I wish to balance the committee membership by bringing the equestrian viewpoint.
I wish to advocate for the expansion, where sensible, of the pathway system.
I wish to ensure the system is well maintained.
Education Background
and Professional
Activities
My degree in art history is unfinished.
My working life, from which I retired over 30 years ago consisted of Corporate Communications, Marketing etc.
I have since been a stay at home mum and homemaker.
I lived in England, Germany and Belgium before moving to the USA in 1979.
Please state reasons
why you want to
become a member of
this Committee /
Commission, including
what specific objectives
you would be working
toward as a member.
I wish to participate more in our particular community. The Pathways Committee is a way to employ my skills in a way that could be very helpful to the mission statement/goals of the committee. I do not have any particular pathway or easement in my mind to advocate for at this point in time. I believe in the general benefits to the community of this type of system. In addition to using our trails, I am fairly familiar with those in both Portola Valley and Woodside and therefore bring a broad equestrian perspective.
Are you aware of any
existing or proposed
No
Town or private
projects or personal
relationships that may
create a conflict of
interest that could
affect your decisions?
If "Yes", please explain.
If "No", please type
"N.A."
N/A
Are you aware of any
issues now or
proposed that might
require you to recuse
yourself?
No
If "Yes", please explain.
If "No", please type
"N.A."
N/A
Membership on
standing Committees /
Commissions often
entails meetings
throughout the year,
and most Committees /
Commissions meet at
least once monthly.
Can you be available
for these meetings?
Yes
I voluntarily submit this application to the Town of Los Altos Hills Standing Committees/Planning Commission, and verify that the information contained in this application is correct.
Please check the box I have read the Code of Conduct for Appointed Persons Signature Jennifer Basiji
Date 7/4/2022
(Section Break)
Please let us know how
you heard about the
Town's Committees
and Membership
Application.
Town Website
(Section Break)
Please Note
Please note that your appointment will be posted on the Town’s website as a Standing Committee member. Your signed application is public record and will be available on request.
Online Resources Town of Los Altos Hills Website
Questions?
Questions and additional information regarding the selection process should be directed to the City Clerk at 650-941-7222.
Thank you for your interest in serving your community!
Email not displaying correctly? View it in your browser.
From: [email protected]
To: Deborah Padovan; Chris Knopf; Sarah Robustelli
Subject: Online Form Submittal: Town Committee/Planning Commission Application Form Date: Monday, July 11, 2022 12:30:54 AM
Town Committee/Planning Commission Application Form
Town of Los Altos Hills
26379 Fremont Road
Los Altos Hills, CA 94022
Phone: 650-941-7222
Fax: 650-941-3160
About this Application
Town citizens are encouraged to apply at any time to serve on the Town’s committees, and certain special appointed positions. Applications are reviewed when openings are available; qualified applicants will then be invited to interview with the City Council. This application is intended to assist the City Council to learn more about you and your interests in serving on one of the Town’s committees.
Preference for Serving
On:
Pathways Committee
Name Joseph (Joe) Mitchell
Registered Voter Yes
Address
Home Phone
Work Phone Field not completed.
Cell Phone Field not completed.
Email Address
Number of Years Town
Resident
13 (Section Break)
What motivated you to
apply to serve on the
Committee /
Commission?
I am a avid user of the Town's pathways. (In the last 12 months I have used the pathways 60+ times.) The Pathway System is one of the jewels of Los Altos Hills. We can hike or ride in beautiful scenery that makes one feel like they are in the woods.
In the background, I have made improvement recommendations to add pathway signs, fix washouts, and provide safe passage across major roads. Being on the Committee will allow me to be Mitchell, Joe
more active in supporting and improving this vital resource.
I am motived to apply now because I am recently retired and have time to dedicate to the pathways. Seeing the number of projects that have been recently completed showed me this is an active, get things done, committee. I am motivated to help keep the momentum going.
How many meetings
have you attended of
the Committee /
Commission for which
you are applying?
Two meetings and the opening of the Robelda to La Paloma Path.
Please describe your
involvement in
community activities,
civic services, and
volunteer
organizations.
Member of the Big Basin Volunteer Trail Crew. Performed trail maintenance for the Bay Area Ridge Trail. Volunteered at aid stations for various ultramarathon trail races. Past Board Member of San Jose Flycasters, where I taught fly fishing and fly tying.
Sent a letter to the editor during the height of the pandemic advocating the use of trails throughout the Santa Cruz
Mountains. We opened our yard to the public as part of the California Native Plant Society (CNPS) going Native Garden Tour. Volunteered with the CNPS plant sales.
What skills and / or
attributes will you bring
to the Committee /
Commission you are
applying for?
A key skill for committee members is to listen to all sides of any proposal and work to the best available solution. I built my career creating data and telecommunication products utilizing that skill.
As a trail runner, hiker, horse back rider and mountain bike rider I can represent the interests of the various trail users. As a property owner who remodeled I can understand the financial, aesthetic and privacy concerns of installing a path or providing an in-leu-of fee.
I am an outdoor enthusiast who likes to build things. I have installed decomposed granite and flagstone walkways, built retaining walls, worked on ranches and built houses growing up.
These attributes help me understand the effort and cost of installing pathways.
I have spent a lot of time on trails throughout the Bay Area and Santa Cruz Mountains. The Pathways are part of network of trails that border the Town. The pathway connects to Multiple MidPeninsula Regional Open Space Preserves, Hidden Villa, Los Atos Redwood Grove, and Palo Alto's Foothills Preserve, Arastradero and Esther Clark parks. I regularly use the Town paths to access these other trails. By way of example, my first pandemic 'project' was to run or hike the 200+ miles of every open MROSP trail. My second project was to do the same on the 400+ mile Bay Area Ridge Trail. This time-on-the-trails provides me a perspective of what other communities are doing for trail
building and maintenance.
We went through the Town's property improvement process in 2010. As a result, I have the perspective of the property owner for Pathway Committee interactions.
What particular area of
responsibility on this
Committee /
Commission interests
you?
I don't have a particular area of responsibility of interest yet. I am satisfied with being a voting member until I better understand the responsibilities. If I had to chose now, I would like to work an special projects that improve and expand the pathway system.
Education Background
and Professional
Activities
Masters and Bachelors degree in Electrical Engineering. Forty years of product development, marketing, and technical program management, and line management in the telecommunication industry. My professional experience ranges from founding startups to working in a 250,000 person company. Retired December 2021.
Please state reasons
why you want to
become a member of
this Committee /
Commission, including
what specific objectives
you would be working
toward as a member.
Many of the reason to join are stating in the 'What Motivated you...' section1.
My observation is the committee has three main functions: Make pathway, or in-leu-of ,recommendations on properties that are being improved; prioritize path maintenance; and work toward improving and expanding the pathway system.
Specific objectives that encompass those functions include:
1. Continue expanding the pathway system with emphasis on off road trails.
2. Winterize the most traveled off road paths. There are sections of the Packard Path, the Wallace Stegner Path and the Natoma Subdivision paths that become slick mud when it rains.
3. I recently learned several of my objectives are already in the works, including the Redwood Grove Plunge and the Palo Alto Foothill Preserve Page Mill Road safe crossing.
4. Make the paths accessible and safe for everyone.
5. Continue to make sure the pathway signs are installed at each off road trailhead
6. I enjoy seeing new property development plans. Walking properties and (usually) working with the owner is a motivator for joining the committee.
7. Explore the possibility of either dedicated path or a erosion control fence on the Ginzton plunge to Moody Road near the entrance to Hidden Villa.
8. Re-open the closed off-road path from Matadero Creek Lane to Page Mill Road. (There is a trail closed sign, but the trail continues.)
Are you aware of any
existing or proposed
Town or private
projects or personal
No
relationships that may
create a conflict of
interest that could
affect your decisions?
If "Yes", please explain.
If "No", please type
"N.A."
N.A.
Are you aware of any
issues now or
proposed that might
require you to recuse
yourself?
No
If "Yes", please explain.
If "No", please type
"N.A."
N.A.
Membership on
standing Committees /
Commissions often
entails meetings
throughout the year,
and most Committees /
Commissions meet at
least once monthly.
Can you be available
for these meetings?
Yes
I voluntarily submit this application to the Town of Los Altos Hills Standing Committees/Planning Commission, and verify that the information contained in this application is correct.
Please check the box I have read the Code of Conduct for Appointed Persons Signature Joe Mitchell
Date 7/10/2022
(Section Break)
Please let us know how
you heard about the
Town's Committees
and Membership
Application.
Town Website, Newspaper, Friend / Neighbor, Town Event
(Section Break)
Please Note
Please note that your appointment will be posted on the Town’s website as a Standing Committee member. Your signed application is public record and will be available on request.
Online Resources Town of Los Altos Hills Website
Questions?
Questions and additional information regarding the selection process should be directed to the City Clerk at 650-941-7222.
Thank you for your interest in serving your community!
Email not displaying correctly? View it in your browser.
TOWN OF LOS ALTOS HILLS
MEMORANDUM
DATE: August 18, 2022
TO: Los Altos Hills City Council
FROM: Cody Einfalt, Management Analyst II
APPROVED: Peter Pirnejad, City Manager
RE: Mid-Year Status Update on 2022 Council Strategic Goals BACKGROUND:
On January 25, 2022, the Los Altos Hills City Council held a priority setting session for the 2022 calendar year. To prepare for this meeting, Town staff worked with Bob Bell from Robert Bell & Associates and Frank Benest to hold multiple meetings with the Councilmembers to understand their priorities. These interviews revealed that the same focus areas identified in 2021 still resonated with the Council and were to be used in planning for 2022.
Through this process, the Council adopted a set of priorities for the upcoming calendar year. The full report on the 2022 priorities can be seen in Attachment 1.
The priorities for 2022 are organized into four focus areas:
- Maintaining Quality of Life and Community Character
- Promoting Public Safety
- Increasing Effective Service Delivery & Governance
- Protecting & Maintaining Infrastructure.
In each focus area, staff provided Council with a series of measurable goals and deliverables that can be reported on throughout the year. In the focus area of Maintaining Quality of Life and Community Character, the Council established goals to better leverage healthy relationships in the community and maintain the rural atmosphere in Town. Some of the ways this was to be achieved was by staying current with housing legislation set by the State and updating the Town’s planning documents such as the Housing Element and Safety Element. These documents would set policies and guide development in Los Altos Hills for the years to come.
In the focus area of Promoting Public Safety, the Council set goals to maintain a high level of public safety throughout the Town. In the past year crime trends have changed and criminals are getting smarter and using new tactics to burglarize homes. The Council made AGENDA ITEM #2.D
it clear that in 2022 the Town must respond proactively to the uptick in crime and protect the residents in the most efficient way possible. Ideally, the goal would be to prevent crime before it occurs. Some of the ways they went about achieving this goal was to take a closer look at the upcoming Sheriff’s contract via an Ad Hoc Committee, working with staff to suggest potential changes to how law enforcement is provided to the Town, and installing 40 ALPRs which were previously approved by council.
To Increase Effective Service Delivery & Governance in Town, the Council made it a priority to advance Town operations that better serve the community. This focus area had the greatest room for improvement and included goalssuch asrestructuring communication with the community, increasing trust between staff and the residents, and incorporating technology wherever possible to bring Town operations into the twenty-first century.
Through various efforts of community engagement, the Council made it a goal to achieve a governance model that everyone could appreciate.
In the last focus area of Protecting & Maintaining Infrastructure, the Council set goals to maintain and expand Town assets through new technology and processes. Expanding pathways, undergrounding utilities, taking care of the Town’s sewer system have always been on the top of the Council’s priorities, and this year was no different. Through a partnership with staff, the Council made it a priority to continue work on the Town’s capital assets.
Understanding the Work Plan
Within each focus area, key projects or initiatives have been identified that Town staff have been working on throughout the year. Each projects includes details such as a summary of the key outcome, a list of milestones, when those milestones are estimated to be completed by quarter, impact to the budget, the lead department, and the estimated staff effort needed.
Many of the priorities in the matrix are multi-year projects, meaning the progress of staff is measured by meeting the milestones identified in the matrix, rather than the completion of the project itself.
It should be noted that the adopted workplan represents the high-level priorities and not the day-to-day activities of staff. These, “above the water line”, projects make up the portion of staff time that is not taken up by the normal duties of running the Town. Consider the analogy of an iceberg where the vast majority of ice is under the water. These “below the water line” projects include things such as meeting management, maintaining our public assets, reviewing and processing building and planning applications, managing park and recreation activities, managing our finances, preparing for council, committee and commission meetings, and other activities.
On the other hand, above the water line projects are those projects that are not routine or regular, are highly visible, and result in a focused council, staff, and community input to gather information, review facts and render decisions. These projects include responding to SB9, renegotiating the GreenWaste contract, updating the Housing Element, installing ALPRs, improving employee retention, responding to a pandemic, etc. Generally speaking, the below the water line projects (i.e. day-to-day tasks) take the vast majority of staff time
leaving 10-20% of staff time to manage these above the water line projects identified in the 2022 council priorities.
The adopted 2022 workplan represents staff’s projected capacity for the 2022 calendar year. The intended outcome of the January 25, 2022 goal setting session was to come away with a plan that the Council can agree represents their collective policy priorities and does not exceed staff’s capacity. This memo services to update the Council on the status of the workplan. Not withstanding the projects identified in the council’s 2022 work plan and the additional day-to-day activities, invariably other priorities come up and staff must either reprioritize their workload, absorb the addition, or somehow extend their capacity to get it done.
DISCUSSION:
Progress Report on the Adopted City Council Workplan for 2022 In the four focus areas, the adopted workplan identifies 23 projects/initiatives. Some of the projects are multi-year endeavors and the workplan specifies 56 milestones for 2022 calendar year.
The table below summarizes the status of the 56 milestones as of August 18, 2022. A full status report can be found in Attachment 2.
LEGEND Total
✓ Complete 27 milestones
P In progress 10 Milestones
S Scheduled 12 Milestones
Ø Project yet to be started 7 Milestones
The projects yet to be started are listed below with a short update on where they stand in the process:
• CEQA studies for the Housing Element Update
The CEQA process will begin once further progress has been made with the consultant working on the Housing Element
• Council Adoption of the Safety Element
The consultant team the Town has partnered with is working on the Proposed Safety Element which requires many technical studies. The plan is to use the Vulnerability Assessment and Evacuation Routes study prepared by the County’s Local Hazard Mitigation Plan (LHMP) within the Town’s Proposed Safety Element. The County
will start working on the LHMP soon. The Town’s timeline for the Safety Element is now dependent on the County completing their studies so that they can be integrated into the Proposed Town’ Safety Element.
• Work on SB9 – including holding study sessions, public hearings, and a council adopted ordinance
In May 2022, staff received an email from HCD’s Accountability and Enforcement Unit asking for a copy of the Town’s SB 9 Urgency Ordinance for review. Staff is waiting to hear back from HCD for any major concerns.
A few jurisdictions in the region are working on their permanent ordinance, and HCD is providing comments. Staff is communicating with these jurisdictions to understand the extent of HCD’s comments. Town’s urgency Ordinance is valid until October 31, 2023, and staff will start working on the permanent ordinance in January 2023.
• Writing a new law enforcement contract to replace the expiring Sheriff’s contract The Sheriff’s Contract Ad Hoc Committee has been formed and is working with Town staff to research options available for potential changes to the contract. The current contract does not expire until 2024. • Progressing the utility undergrounding study
The project is on hold until progress on the construction of the current underground project at El Monte Fire Station Underground Project is underway.
Progress on Additional Council Projects Not on the 2022 Priority Workplan As staff made progress on the priorities identified in the workplan, several other projects arose needing staff’s attention. The table below represents additional projects taken on by staff so far this year. Bandwidth for these projects became available from progressing other priorities at a faster rate than was originally anticipated.
Projects Department QUARTER OF
COMPLETION STATUS
Broadband Ad Hoc Committee & Feasibility
Study City Manager 2023 P
Art Sculpture Installation City Manager Q4 P
Operational Excellence & Cultural Reset
Work with Dr. Benest
City Manager Q3
P
Launch Quarterly Town Newsletter City Manager Q4 P
Flag Raising Policy for Town City Manager Q4 P
Adding three additional ALPR cameras City Manager Q2 ✓
Bovo-Tighe Staff Assessment City Manager Q1 ✓
Brown Act Training related to Committees City Manager Q2 ✓ Hosting Community Roundtable Meetings
with the Sheriff
City Manager Q2 ✓
Research AB 361 Hybrid Meetings for
Committees
City Clerk Q2 ✓
Conduct License & Permit Study Admin Services Q4 P
Tree Removal & Notification Protocol Public Works
Engineering
Q2 ✓
Leaf Blower Ordinance Public Works
Engineering
Q4 P
Westwind Community Barn (Historic
Landmark Designation)
Planning Building Q4
✓
Temporary Construction Lighting Planning Building Q4 P
Reach Codes Planning Building Q4 P
Fence Ordinance Planning Building Q4 P
Zoning Text Amendments Planning Building Q3 P
Tabling Policy Community Services Q4 P
Of the projects listed above, several have already been started and/or completed. These can be worked into the final report of the 2022 priorities at the end of the year.
Major Accomplishments of Day-To-Day Operations
Staff would also like to highlight several major accomplishments that sit “below the waterline” and may not be readily visible to the public and Council. These take a significant portion of time and staff would like to highlight their accomplishments.
Projects Department QUARTER OF
COMPLETION STATUS
KMVT Proposal City Manager Q4 P
Updating Job Descriptions Admin Services Q3 P
La Paloma Robleda Trail Public Works
Engineering
Q4 ✓
Altamont Plung Public Works
Engineering
Q4 ✓
Complete Equipment Auction Public Works
Engineering
Q1 ✓
Implement new work management system
(iWorQ)
Public Works
Engineering
Q3 ✓
Research low impact development/green
infrastructure
Public Works
Engineering
Q4 P
Site Dev/Fast track video recordings and
conditions posted online
Planning
Building
Q3 ✓
Digital stamps for Planning Approvals Planning
Building
Q2 ✓
Ordinance and checklist for
streamlining permitting for EV charging stations
Planning
Building
Q4
P
Re-Launch Annual Picnic after 2-year hiatus Community
Services
Q4 ✓
This has been an exceptionally productive year thanks to the clear policy direction of the Council and the continued support and defense of staff resources so we can stay focused on Council and staff priorities. As we start to prepare for next year we hope to build on the trust and collaboration we have built over this last year and look for the Council and communities continued support going into 2022.
ATTACHMENTS:
1. January 25, 2022 Priority Setting Session Report by Robert Bell & Associates
2. Midyear Update of the 2022 Priority Workplan Matrix
1 Town of Los Altos Hills
Priority Setting Session Report
January 25, 2022
Attachment 1
2 TABLE OF CONTENTS
Executive Summary .....................................................................3 Overview ......................................................................................5 Agenda.........................................................................................5 Ground Rules ...............................................................................6 Foundational Principles................................................................6 Review of the 2021 Work Plan .....................................................6 Presentation of 2022 Recommended Work Plan.........................7 Exhibit A: City Council Strategic Priorities Plan 2022..................8
3 Executive Summary
Los Altos Hills, CA
2022 Priority Setting Session
• A Virtual Priority Setting Session was conducted by the Los Altos Hills City Town Council on January 25, 2022.
All Council members were present at the meeting. The City Manager and his executive staff were all present and participated in the public meeting. Members of the public attended virtually and had the opportunity to address the City Council during 2 public comment periods.
• The meeting began with an inspirational narration by local historian Jitze Couperous. Mr. Couperous set the tone for the meeting as one of honoring the town’s history, establishing trust and collaboration, and that we must all work together to continue the rich history and traditions that make Los Altos Hills a special community with an exceptional quality of life for residents.
• The Mayor, Council, and City Manager all echoed the sentiments of Mr. Couperous and then introduced Dr. Robert Bell (Bob), the consultant retained to help design and facilitate the meeting. Bob explained the one-on- one interviews he had previously had with all of the City Council members related to the design of the Priority Setting Session.
• In those discussions, the Council had reconfirmed their aspirational categories that serve as the framework for Council and Town priorities. Those 4 categories, or framework pillars, are:
n Quality of Life and Community Character
n Public Safety
n Effective Service Delivery & Governance
n Infrastructure
• The City Manager then presented an update for the key 2021 Projects that fit within the framework. A total of 13 projects, which are outside of the day-to-day operations of the Town, were reviewed with the Council and members of the public.
• After Council questions and public comment, the City Manager then presented the 2022 Recommended Work Plan. The plan consisted of 21 priority projects, aligned with and categorized under, the 4 framework pillars. • 17 of the 21 projects were already being worked on by staff and 4 of those 17 are required to comply with state mandates.
• After a review of the projects, discussion by the Council, and input from the public during a second public comment period, 2 projects were removed from the list and 7 projects were added. Those amendments to the proposed work plan were as follows:
Items Removed:
n Postpone Legislative Advocacy item to a future year.
n Remove Citizens Academy.
Items Added:
n Consolidate committees on public safety.
n Formalize Pathway 10 segments, hire contractor to help. n Relocate non-digital records for safety/security.
n Add discussion with Foothill College to the current plan on RHNA.
4 n Establish Council Ad Hoc to explore legacy giving program. n Establish a Town Hall Committee to evaluate 10 year plan on facilities needs, staffing and Parks and Recreation programs and space.
n Obtain a legal opinion on ballot initiative and green sheets. • A motion to approve the amended plan was made and seconded. By unanimous vote of the City Council, the amended 2022 Work Plan was approved by the City Council. • Staff will begin working on the plan and will seek budgetary funding for specific projects on the plan during the 2022/23 Budget Process. The staff will also update the City Council on the status of each project within the plan at the regularly scheduled City Council meeting in approximately 6 months.
5 Los Altos Hills Priority Setting Session
Full Report
Overview
An Annual Priority Setting Session is held by the City Council of Los Altos Hills. The objective is for the Council to get updates on key projects, provide direction to staff on priorities in the coming year and beyond, and hear from the public on their interests and concerns related to priorities for the Town and its residents. The Priority Setting Session also ensures that staff and committee work is aligned with the desires of the majority of the City Council and the community at large. The Priority Setting Session for 2022 was held on January 25, 2022 and was done virtually due to the ongoing pandemic related to COVID-19.
The full City Council was present and participated in the meeting. Those members are:
n Mayor George Tyson n Vice Mayor Linda Swan
n Councilor Stanley Mok n Councilor Lisa Schmidt
n Councilor Kavita Tankha
City Manager Dr. Peter Pirnejad and members of his executive team were also present at the meeting.
The meeting was designed in partnership with Robert Bell & Associates. Dr. Robert (Bob) Bell and Jennifer Curtis with Robert Bell & Associates helped facilitate the meeting and track changes to the work plans and priorities based on the discussion at the meeting.
Prior to reviewing the meeting agenda and to set the historic tone of the meeting in the right context, local historian Jitze Couperous did a presentation on the history of Los Altos Hills and the importance of working in the tradition of that history. That included honoring the town’s history and working together to maintain and enhance the quality of life for all residents in Los Altos Hills.
Agenda: • Presentation of Foundational Principles, Ground Rules, and Context.
• Review of the 2021 Work Plan and Standing Council
Priorities and Key Projects.
• Public Comment.
• Proposed Work Plan for 2022.
• Public Comment.
• Council Approval of the 2022 Work Plan.
6 Ground Rules: • Listen with intention.
• Be constructive when providing feedback or asking
questions.
• Seek consensus.
• Recognize common interests.
• All voices matter.
• Respect differences.
• Recognize this discussion is about high-level activities in the community, not the day-to-day operations
that take the majority of staff time and attention.
• Enjoy the day and the conversation.
Foundational Principles:
New to the Town of Los Altos Hills, staff created and presented foundational principles to the Council and public. These foundational principles are designed to keep staff focused and aligned behind the Council’s priority areas and key projects. They include:
• If everything is a priority, nothing is a priority.
• At the department level, most of the day-to-day operations take up 85-90% of organizational capacity. • Upcoming budget allocations need to be aligned with the Council’s Priority Policies and the related key projects.
• The City Council is accountable for providing strategic direction and policy guidance, approving budget and staffing resources, and not adding new priorities without eliminating other priorities. • Top management is accountable for committing to a few in-progress and new projects for each of the Council’s Priority Policies, recommending resources needed, identifying reasonable timelines, achieving key milestones, and recommending adjustment along the way. This is achieved by the Council directing the City Manager on the priorities to advance a consensus of the Council. The City Manager then works with staff to accomplish Council priorities.
Review of the 2021 Work Plan:
A review of the 2021 Work Plan was done by the City Manager. That work plan is included in Exhibit A.
Councilor Tankha requested to make a motion as it related to the Town Hall expansion and in follow-up to the week’s previous Council Meeting. The proposed motion was to establish a Town Hall committee to understand the needs of our community, staff needs, and develop a plan for 10 years out. Also, the committee would look at Town Hall expansion or addition and conduct a survey of residents to identify their needs and what they would like to see. (Note: Clarification on this motion occurred later in the meeting and was included in the revised motion to approve the 2022 work plan.)
7 Presentation of 2022 Recommended Work Plan:
The City Manager also reviewed the committee goals. The City Manager confirmed that many of the committee goals align with staff’s proposed draft work plan.
The Mayor then asked the Council to respond to the 2022 work plan and asked the following questions of his Council colleagues:
• Anything missing?
• Things we think should be removed.
• Any direction? Higher or lower priorities?
• Goal is to give staff clear direction
After discussion and deliberation with the Council as well as Public Comment, the following changes were made to the 2022 Work Plan:
Items Removed: • Postpone Legislative Advocacy item to a future year.
The City Manager stated we can still work
on advocacy as important legislative items come up.
• Remove Citizens Academy.
Items Added: • Consolidate committees on public safety. • Formalize Pathway 10 segments, hire contractor to help. • Relocate non-digital records for safety/security.
• Add discussion with Foothill College to the current plan on RHNA. • Establish Council Ad Hoc to explore legacy giving program. • Establish a Town Hall Committee to evaluate 10 year plan on facilities, including Town Hall, staffing, parks and recreation programs and space. A community survey on this topic should be part of this effort.
• Obtain a legal opinion on ballot initiative and green sheets.
Exhibit A includes the updated 2022 Work Plan with these changes. The Work Plan was approved by a motion of Councilmember Schmidt, seconded by Vice Mayor Swan, and subsequently approved by a unanimous vote of the City Council.
Staff notified Council that they would work to capture the Council’s motion, modify the workplan to reflect their direction and return the finished report to the Council in the upcoming consent calendar. The staff would incorporate the adopted work plan into the FY22/23 budget. Further, staff informed the Council they would come back with a progress report in approximately 6 months.
8 Exhibit A:
City Council
Strategic Priorities Plan 2022
9 City Council Strategic Priorities Implementation Plan as of 2/02/2022
10 City Council Strategic Priorities Implementation Plan as of 2/02/2022
City Council Strategic Priorities Implementation Plan
as of 2/02/2022
11
City Council Strategic Priorities Implementation Plan
as of 2/02/2022
12
CITY COUNCIL STRATEGIC PRIORITIES IMPLEMENTATION PLAN
as of 8/18/2022
$ Increase Civic Leadership Capacity Increase effectiveness of volunteers Create Internship program Q4 ✓ CM / ASD Med Yes Host the Volunteer Dinner Q3 S
Put on the Town Picnic Q2 ✓
Conduct two (2) Community workshops and draft element for public comment
Q2 ✓
Planning Commisison and City Council - Joint Session Q1 ✓ Housing Element Screencheck Q2 S
CEQA Q3 Ø
Have discussion with Foothill College regarding RHNA Q2 ✓ Obtain a legal opinion on ballot initiative and green sheets Q2 S Planning Commission public hearing Q3 S
Conduct Study Sessions Q1, Q2 Ø
Planning Commission public hearing on permanent Ordinance - PC making recommendation to the City Council
Q3
Ø
City Council adoption Q2, Q3 Ø
Complete the battery back-up energy storage system Q4 P Convert Town Fleet to Green Vehicles Q2 ✓
Simplify city permitting processes and reduce permit fee for electrification conversions
Q3 P
* Establish Legacy Giving Ad Hoc Committee Explore legacy giving program Establish AdHoc Committee Q1 ✓ Clerk Small Yes LEGEND
✓ Complete
P In progress
S Scheudled
Ø Project yet to be started
VALUE/PRIORITY AREA: Maintain Quality of Life and Community Charater POLICY VALUE STATEMENT: Better leverage healthy relationships with community members and maintain rural atmosphere in Town KEY PROJECTS/INITIATIVES KEY OUTCOME MILESTONES FOR 2022 QUARTER OF
COMPLETION
LEAD
DEPARTMENT
STAFF EFFORT
small, med, large
MULTI-YEAR
PROJECT? STATUS
$ P&R Med Yes Conduct Community Events Increase the social capital of the Town * $ Yes
Implement Climate Action Plan Reduce Carbon Imprint
Building large
Yes
*
Monitor SB 9 Maintain local control over development,
where possible
Planning Large No
* $
Update Housing Element Update Housing Element and comply with State Law
Planning Large
Attachment 2
CITY COUNCIL STRATEGIC PRIORITIES IMPLEMENTATION PLAN
as of 8/18/2022
Complete Install of 40 cameras Q1 ✓
Conduct 60 Day review of Cameras Q2 ✓
Analyze Contract Options Q4 P
Write new contract Q4 Ø
Conduct an emergency drill Q4 S
Conduct FEMA training for staff Q4 ✓
Consolidate Committees on public safety Q4 ✓
Hire a consultant emergency manager Q2 ✓
* Participate in Fire Service Review Maintain local control of fire services Participate in county/LAFCO review Q4 ✓ CM Small Yes Draft Safety Element and consultation with Cal Fire; Planning Commission Public Hearing
Q4 P
Final Safety Element adoption by the City Council Q4 Ø
LEGEND
✓ Complete
P In progress
S Scheudled
Ø Project yet to be started
* $
Update Safety Element Update Safety Element and Comply with State Law Planning, Public
Works and Fire Med Yes
VALUE/PRIORITY AREA: Promote Public Safety
POLICY VALUE STATEMENT: Maintain the high level of public safety in the Town.
KEY PROJECTS/INITIATIVES QUARTER OF
COMPLETION
LEAD
DEPARTMENT
MULTI-YEAR
PROJECT? KEY OUTCOME MILESTONES FOR 2022
STAFF EFFORT
small, med, large
No
* $ Begin Sheriff's Contract Review CM Med
STATUS
Yes
Continue Emergency Prep Enhance prepartion for emergency response * $ CM Large
No Maintain High Level of Public Saftey
Install Automatic License Plate readers Decrease residential burglaries * CM Large
CITY COUNCIL STRATEGIC PRIORITIES IMPLEMENTATION PLAN
as of 8/18/2022
Develop Financial policy Q3 ✓
Approve FY 22/23 Budget Q2 ✓
Conduct FY 22/23 Interim/Audit Q1 & Q4 ✓
Improve City Manager Weekly Update Template Q1 ✓
Produce Post Council Meeting Review Q1 ✓
Assess Town website upgrade Q3 S
* $ Complete Community Survey Understand Town priorities for residents Complete Survey Q4 S P&R / CM / PW Med No Send Employees to Santa Clara County Leadership Prog. Q4 ✓ Adopt Employee Enhancements based on Comp Study Q1 ✓
Update employee handbook Q3 P
Create an esignature Policy Q3 P
Secure a new IT services model Q3 ✓
Update Technology in Conference Rooms Q2 ✓
Adopt an IT retention policy Q3 P
Prepare IT Master Plan Q3 S
Conduct GreenWaste Negotiations Q1 S
Award contract for sewer service maintenance (west Bay) Q2 ✓ Review Westwind barn Agreement Q3 P
Standardize meeting & Create Committee Norms Q2 P
Hold an annual Committee Roundtable Q3 ✓
Hold an annual City Council meeting with Committees Q1 ✓ *$ Relocate Non-Digital Records for Safety/Security Improve the safe keeping of Town historical documents
Move non-digital historical documents into safe storage Q4 P Clerk Med Yes LEGEND
✓ Complete
P In progress
S Scheudled
Ø Project yet to be started
VALUE/PRIORITY AREA: Increase Effective Service Delivery & Governance POLICY VALUE STATEMENT: Advance Town operations to better serve the community KEY PROJECTS/INITIATIVES KEY OUTCOME MILESTONES FOR 2022 QUARTER OF
COMPLETION
LEAD
DEPARTMENT
STAFF EFFORT
small, med, large
MULTI-YEAR
PROJECT? STATUS
No
$
Improve Communication - staff, council,
community
Improve communication between council,
staff, and the community Clerk/CM Med Yes
*
Improve Financial Transparency Enhance financial integrity and transparency ASD Large
Yes
$
Promote Emerging Technologies Approve efficiency of administrative procedures through the use of technology
ASD / PW Med Yes
* $
Improve Employee Retention Recruit good staff members and maintain current staff
ASD Large
No
$
Increase Effective Use of Committees Improve Services for the Community Clerk Med Yes
*
Improve Contract Management Ensure all Town contracts are up to date and be aware of any that may be expiring soon CM / PW / P&R Med
CITY COUNCIL STRATEGIC PRIORITIES IMPLEMENTATION PLAN
as of 8/18/2022
Reorganize workspace Q2 S
Upgrade Corp Yard Facilities Q4 S
Establish a Town Hall Committee to evaluate 10 year plan on facilities needs, staffing and Parks and Recreation programs and space
Q2
✓
Progress the 20A project (icebreaker) S
Provide undergrounding study Q4 Ø
* $ Formalize 10 Pathway Segments Increase the Pathways in Town Monitor / Report on progress and hire contractors needed Q4 S PW Large Yes * Review & Update Sewer Fees Maintain sewer system for the Town Conduct a sewer rate study Q4 ✓ PW Med No LEGEND
✓ Complete
P In progress
S Scheudled
Ø Project yet to be started
VALUE/PRIORITY AREA: Protect & Maintain Infrastructure
POLICY VALUE STATEMENT: Maintain and expand Town assets through new technology and processes KEY PROJECTS/INITIATIVES KEY OUTCOME MILESTONES FOR 2022 QUARTER OF
COMPLETION
LEAD
DEPARTMENT
STAFF EFFORT
small, med, large
MULTI-YEAR
PROJECT? STATUS
Yes
Continue work on Undergrounding Utilities Power resiliency * $ PW Large Yes
Consider Improvements to Town Facilities
* $
Improve Services to Community
CM / PW / P&R Med
Subcommittee Report on
Fire Department Requirements for
New Construction
Los Altos Hills Planning Commission, January 13, 2022, Updated 8/15/2022 January 13, 2022
AGENDA ITEM #2.E
Distributed 8/17/22
Subcommittee Charter
● During the September 2021 City Council meeting, the city council approved forming a Task Force to review fire department requirements for new construction relating to development of ADUs and lot subdivisions. ● Subsequently, during the October 7 Planning Commission meeting, the planning commission approved the appointment of a two-member subcommittee to review requirements for new construction and explore options with the County Fire Department.
● The subcommittee members included Jitze Couperus and Jim Waschura. ● In August 2022, Staff requested an update and to present the findings to the August City Council meeting.
Focus on Access Standards
The Fire Department has many requirements for developments within the county that are not the subject of this report. This report focuses on issues of driveway and road access requirements for certain developments, which has recently created some confusion for residents and staff.
The two types of development include:
1.) Accessory Dwelling Units (ADUs), and
2.) Residential lot subdivision, relating to recent SB9 legislation
3.) Remodeling
Background - Fire Department Access Standards
Santa Clara County Fire Department (SCCFD) has two Access standards pertaining to roadways and driveways:
Standard A1 - Roadways
● Applicable to access roadways serving commercial buildings and 3 or more single-family dwellings
● Minimum 20 ft width
● Turnaround required if road is 150 ft or more
Standard D1 - Driveways
● Applicable to driveways serving up to 2 single family dwellings where any portion of the dwelling(s) is greater than 200 ft from public roadway. ● Minimum 12 ft width (note: Los Altos and Saratoga are 14 ft!) ● Turnouts required every 500 ft for driveways in excess of 500 ft.
Problem Situation
● Rear parcels B1 and B2 are served by a
shared driveway that is only 12 ft wide
● Driveway may be deeded to B1 and B2,
but more-likely is an access easement
from either A and/or C
● This drawing satisfies standard D1
since the 12 ft driveway only services 2
single family dwellings
● What happens if rear parcel B1 or B2
adds an ADU or wants to subdivide
their lot using SB9?
Problem for ADUs
● Adding this ADU means the driveway now
services more than 2 single family
dwellings
● So the driveway standard D1 is no longer
sufficient and the roadway standard A1
applies
● A problem occurs if the driveway is
constrained by easements or property
lines that prevent increasing its width
● Both rear lots could add ADUs, so need to
support 4 single family dwellings
Problem for Lot Subdivisions
● Subdividing also creates a driveway that
services more than 2 single family dwelling
units
● This also requires upgrading to the roadway
standard A1
● The same problem occurs if the driveway is
constrained by easements or property lines
that prevent increasing its width
● Both rear lots could subdivide, so need to
support 4 single family dwellings
● Technically, there could be even more if
ADUs are added to subdivided lots
SCCFD Response
The subcommittee contacted Deputy Fire Marshal Jose Garcia, Senior Fire Protection Engineer Rob Campbell, and Assistant Fire Marshal Brad Fox.
They said they would make a change to their standards going forward:
“Our practice now and moving forward is to recognize the driveway standard for up to two residential parcels, as opposed to “single family dwellings.”’
This change will solve the ADU situation, but not the lot subdivision situation:
“Where existing parcels, served by a compliant driveway (say 12'), are subdivided, resulting in more than 2 parcels, the access road will need to be improved to provide a complaint, 20 foot wide access road.”
Clarification on Lot Subdivision
Access
“Understand that [the access]
may only need to be improved
to the point that it serves more
than two parcels.
Once the [access] serves only 2
parcels the driveway standard
still applies.”
Remodeling Impact
● Additions greater than 900 square feet require going through a site-development process (either fast-track or planning commission)
● All new developments are required to comply with current fire codes and building codes (e.g. sprinklers)
● Driveway or roadway access requirements do not change as a result of remodeling or additions
● With new change, even adding second dwelling on same
parcel will not impact driveway access requirements
Other SCCFD Requirements Remain
● Turnarounds required for any parcel that is further
than 150 ft from the public road
● Turnouts required for 12 ft driveways that are longer than 500 ft
● Subdividing a parcel requires each parcel to comply
with current standards
● New development or significant remodeling may
trigger compliance with current fire codes - this can
be a surprise, but is not unusual. Building codes
are treated the same way
Other SCCFD Requirements
Remain, continued
● The town is responsible to ensure
public roads comply with fire codes.
See the East Sunset road widening
project as an example
Other SCCFD Requirements
Remain, continued
● Residents are responsible to ensure
private roads comply. See Sherlock
Court road widening project as an
example
Subcommittee Results
● SCCFD is changing the A1 and D1 standards to refer to residential parcels, as opposed to “single family dwellings” will solve the driveway width issue for ADUs and remodeling
● SCCFD says these standards will be updated in the current edit cycle for Fire Code updates
○ LAH should receive these change requests from SCCFD in September ○ LAH will need to pass these ordinance changes in time for them to be in place by January 1
● SB9 or any other lot subdivision continues to be subject to the existing rules that may require these developments to upgrade 12 ft driveway access to be 20 ft roadway access
Subcommittee Recommendations
● Ask SCCFD to have a fast track process for urgent changes that is separate from the normal 2-year revision cycle
○ Subject changes, when completed, will have taken over a year to complete ○ For a standard to be useful, it needs to be a reasonably stable document and not keep changing. However, it also needs to be responsive to real-world situations and requirements, and to adapt as required
● Ask SCCFD to make available online updated documents with objective criteria ○ Information from SCCFD and information from residents indicates that the standard documents are not always applied. “Policy” can be different than what the documents say, and the department can decide to work with residents to apply non-standard solutions for special situations
○ Residents appreciate this flexibility, but it also has problems. For example, it is not possible for a resident to provide documentary assurance to other parties like a mortgage company, banker, or insurance company, that the fire department has (or will) approve plans that don’t conform to a written standard
Subcommittee Recommendations, continued
● Ask Staff to communicate requirements for SCCFD plan approval during pre-application stage to avoid surprises
● Ensure SCCFD approval happens before site development approval. This will avoid creating conflicts between LAH and SCCFD approvals ● For Ministerial projects that don’t have site-development phase, route plans to SCCFD upon receipt, and don’t grant building permits until SCCFD approval is completed
● Ask SCCFD to be proactive responding to SB9 legislation. Work with other municipalities with similar concerns to raise the priority of this issue with SCCFD
AGENDA ITEM #2.F
2. PRESENTATIONS AND APPOINTMENTS
F. Presentation by the Santa Clara County Office of the Sheriff on the Differences Between a Motorcycle and a Patrol Vehicle
There is no report for this item.
1 City Council Regular Meeting Minutes
June 16, 2022
This meeting was conducted virtually pursuant to the provisions of Assembly Bill 361 and Government Code Section 54953(e) related to conducting public meetings during the COVID-19 pandemic. Mayor Tyson called the hybrid Regular City Council Regular Meeting to order at 6:05 p.m.
Present: Mayor George Tyson, Vice Mayor Linda Swan, Councilmember Stanley Q.
Mok, Councilmember Lisa Schmidt, Councilmember Kavita Tankha
Absent: None
Staff: City Manager Peter Pirnejad, City Attorney Steve Mattas, Planning Director Sofia Mangalam, Public Works Director Oscar Antillon, Administrative Services Director Sarina Revillar, Management Analyst II Cody Einfalt, Assistant Planner Areli Perez, City Clerk Deborah Padovan CALL TO ORDER (6:00 P.M.)
Mayor Tyson called the meeting to order at 6:05 p.m. with a roll call and pledge of allegiance.
1. AGENDA REVIEW
There were no changes to the agenda. Mayor Tyson recognized the Parks and Recreation Committee for a successful 20th annual Pathways Run and the Community Relations Committee for a successful 2022 Town Picnic. He also recognized Sarah Robustelli for her work with the committees to make both events a success.
2. PRESENTATIONS AND APPOINTMENTS
A. Appointment to the Los Altos Hills Environmental Initiatives Committee City Clerk Deborah Padovan presented the application of Mike Salameh.
Mr. Salameh was not present.
MOTION MADE AND SECONDED: Councilmember Tankha moved to appoint Mike Salameh to the Environmental Initiatives Committee for a four-year term. The motion was seconded by Councilmember Schmidt.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
Town of Los Altos Hills
City Council Regular Meeting Minutes
Wednesday, June 16, 2022 – 6:00 p.m.
Council Chambers, 26379 Fremont Road, Los Altos Hills, California DRAFT
AGENDA ITEM #4.A
2 City Council Regular Meeting Minutes
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ABSTAIN: None
RECUSE: None
ABSENT: None
B. Appointment to the Los Altos Hills Environmental Design and Protection Committee
City Clerk Padovan presented the application of Grace Tsang.
Grace Tsang, Los Altos Hills, introduced herself to the City Council and expressed her interest in serving on the EDPC.
MOTION MADE AND SECONDED: Vice Mayor Swan moved to appoint Grace Tsang to the EDPC for a four-year term. The motion was seconded by Councilmember Tankha.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
C. Appointment to the Los Altos Hills Parks and Recreation Committee
City Clerk Padovan presented the application of Jennifer Lauren Kan Bardsley to the Parks and Recreation Committee.
Jennifer Lauren Kan Bardsley, Los Altos Hills, introduced herself and expressed her interest in serving on the committee.
MOTION MADE AND SECONDED: Councilmember Schmidt moved to appoint Jennifer Lauren Kan Bardsley to the Parks and Recreation Committee for a fouryear term. The motion was seconded by Mayor Tyson.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
D. Appointment to the Valley Transportation Authority Bicycle and Pedestrian Advisory Committee (Los Altos Hills Representative)
City Clerk Padovan presented the application of Edward Munyak.
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Edward Munyak, Los Altos Hills, introduced himself to the City Council and expressed an interest in serving on the VTA BPAC.
MOTION MADE AND SECONDED: Councilmember Schmidt moved to appoint Edward Munyak to the VTA BPAC for a two-year term. The motion was seconded by Councilmember Mok.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
E. Appointment to the Los Altos Hills Pathways Committee City Clerk Padovan presented the two applications.
Cindy Wenig, Los Altos Hills, introduced herself and expressed an interest in serving on the Pathways Committee.
Rajesh Shakkawar, Los Altos Hills, introduced himself and expressed an interest in serving on the Pathways Committee.
Council discussion ensued.
City Clerk Padovan distributed and then collected the ballots and stated that Rajesh Shakkawar had received the majority vote. The results were as follows:
Mayor Tyson voted for: Rajesh Shakkawar
Vice Mayor Swan voted for: Rajesh Shakkawar
Councilmember Mok voted for: Rajesh Shakkawar
Councilmember Schmidt voted for: Rajesh Shakkawar
Councilmember Tankha voted for: Rajesh Shakkawar
MOTION MADE AND SECONDED: Mayor Tyson moved to appoint Rajesh Shakkawar to the Pathways Committee for a four-year term. The motion was seconded by Vice Mayor Swan.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
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F. Appointments to the Emergency Preparedness and Response Committee
City Clerk Padovan presented the applications for the ERPC.
Amita Sachdeva, Los Altos Hills, introduced herself and expressed an interest in serving on the Emergency Preparedness and Response Committee.
Dave Stewart, Los Altos Hills, introduced himself and expressed an interest in serving on the Emergency Preparedness and Response Committee.
Jim Basiji, Los Altos Hills, introduced himself and expressed an interest in serving on the Emergency Preparedness and Response Committee.
Council discussion ensued.
MOTION MADE AND SECONDED: Councilmember Tankha moved to appoint Sam Wood, Terry Kearney, Jim Basiji, Benjamin Gikis, Amita Sachdeva, and Dave Stewart to the Emergency Preparedness and Response Committee. The motion was seconded by Councilmember Swan.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
G. Appointments to the Los Altos Hills Planning Commission
City Clerk Padovan presented the applications.
Alisa Bredo, Los Altos Hills, introduced herself and expressed an interest in serving on the Planning Commission.
Rajiv Patel, Los Altos Hills, introduced himself and expressed an interest in serving on the Planning Commission.
Bernardo Ferrari, Los Altos Hills, introduced himself and expressed an interest in serving on the Planning Commission.
Ed Smith, Los Altos Hills, introduced himself and expressed an interest in serving on the Planning Commission.
City Clerk Padovan distributed and then collected the ballots and stated that Rajiv Patel and Alisa Bredo had received the majority of votes. The results were as follows:
Mayor Tyson voted for: Alisa Bredo and Rajiv Patel
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Vice Mayor Swan voted for: Alisa Bredo and Rajiv Patel
Councilmember Mok voted for: Alisa Bredo and Rajiv Patel Councilmember Schmidt voted for: Alisa Bredo and Rajiv Patel Councilmember Tankha voted for: Alisa Bredo and Rajiv Patel MOTION MADE AND SECONDED: Councilmember Schmidt moved to appoint Alisa Bredo and Rajiv Patel to the Planning Commission for four-year terms. The motion was seconded by Councilmember Mok.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
H. Presentation by City Attorney Providing Information on Brown Act Requirements, Options, and Limitations Related to Ad Hoc and Standing Committees City Attorney Steve Mattas presented Brown Act information regarding ad hoc committees.
No action was taken.
3. PRESENTATIONS FROM THE FLOOR
Martha Bowden, Los Altos Hills, said the town’s building process fails to protect neighbors from home construction and remodeling. The renovation of a home near her property started 20 years ago and the house has been abandoned.
Dru Anderson, Los Altos Hills, said she lives on the same street as Martha Bowden. She expressed concerns about the unfinished house on Saddle Court that has been under construction 20 years. She asked the Council to form a study and review on why these house projects can go on for decades.
Nick Hughes, Los Altos Hills, said this house has been abandoned for 20 years; or onethird of his life. He expressed concerns about fire occurring in the house due to vandalism.
Michael Grady, Los Altos Hills, expressed concerns about this same house. He would like the town to consider beefing up its enforcement policies.
4. CONSENT CALENDAR
Public Comment
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There were no public comments.
MOTION MADE AND SECONDED: Councilmember Tankha moved to approve the Consent Calendar. The motion was seconded by Vice Mayor Swan.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
A. Approval of City Council Special Meeting Minutes: May 25, 2022
B. Approval of City Council Special Meeting Minutes: May 26, 2022
C. Review of Disbursements: May 1-31, 2022 $1,702,881.44
D. Motion to Re-Authorize Remote Teleconference Meetings of the Town of Los Altos Hills, Including the Planning Commission and Committees, due to the Imminent Risks to the Health and Safety of Attendees and Making Related Findings Pursuant to AB 361 (Staff: S. Mattas)
E. Adoption of Ordinance 601 (Second Reading) Designating the Westwind Barn as a Historical Landmark (Staff: S. Mangalam) (Motion to Waive Reading and Adopt the Ordinance)
F. Proclamation Accepting the Internet Digital Bill of Rights (Staff: D. Padovan)
G. Proclamation Recognizing the 50th Anniversary of the Passage of Title IX of the Education Amendments of 1972 (Staff: D. Padovan)
H. Resolution 60-22 Modifying an Existing Open Space Easement to Accommodate an ADU at 13480 Wildcrest Drive with no reduction in the amount of Easement Area (Staff: S. Padovan)
I. Resolution 61-22 Authorizing the City Manager to Enter into an Agreement with Government Technology Group, LLC for Broadband Consulting Services and Appropriating $95,000 from the Unreserved General Fund for FY 2022-23 (Staff: C.
Einfalt)
J. Resolution 62-22 Approving the Annual 2022-23 Project List to be Submitted to the California Transportation Commission for SB1 Compliance (Staff: O. Antillon)
K. Resolution 63-22 to Adopt Supplemental Findings for Resolution No. 48-22 Denying an Appeal of the Planning Commission Imposed Conditions of Approval for a Zoning DRAFT
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Permit for New Fencing at 28001 Elena Road and Motion Approving Reconsideration (Staff: S Mattas and J. Loh)
L. Approval for City Manager to Attend the 2022 ICMA Conference in Cleveland, Ohio September 18-21, 2022 (Staff: P. Pirnejad)
5. ONGOING BUSINESS
A. Report on Methods and Provide Direction on the Community Facilities Needs Assessment and Community Survey (Staff: S. Robustelli)
Community Services Supervisor Sarah Robustelli presented the staff report.
Ryan Mottau, MIG, Inc., Berkeley, presented the community’s perspectives obtained from the surveys.
Kevin Lyons, Chief Scientist, Governance Sciences Group, provided information and the scientific panel methodology used in FlashVote.
Council discussion ensued.
DIRECTION: Staff and consultants to return with the raw data and recommendations and provide additional information about the Town Hall addition and community space efforts. Informally, the City Council will reach out to their constituents, and staff will continue to do outreach and committee interviews.
Recess: 8:10 p.m.
Reconvene to Open Session: 8:20 p.m.
6. PUBLIC HEARINGS
► City Council Ex Parte Contacts Policy Disclosure
A. Resolution 64-22 of the City Council of the Town of Los Altos Hills Requesting that the Santa Clara County Tax Collector Collect Delinquent Sewer Charges, the 2022- 2023 Sewer Service Charges, and Contractual Assessment District Charges for Both the Palo Alto and Los Altos Sewer Basins (Staff: O. Antillon) Ex Parte Contacts:
Vice Mayor Swan and Councilmember Mok both talked to Allan Epstein on Item
6.A and to Nick Sutardja on Item 6.C.
Councilmember Tankha spoke to Nick Sutardja on Item 6.C.
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June 16, 2022
No contact disclosures for Councilmember Schmidt or Mayor Tyson.
Public Works Director Oscar Antillon presented the staff report.
Mayor Tyson opened the Public Hearing.
Seeing no one wishing to speak, Mayor Tyson closed the Public Hearing.
MOTION MADE AND SECONDED: Councilmember Schmidt moved to adopt Resolution 64-22 of the City Council of the Town of Los Altos Hills Requesting that the Santa Clara County Tax Collector Collect Delinquent Sewer Charges, the 2022- 2023 Sewer Service Charges, and Contractual Assessment District Charges for Both the Palo Alto and Los Altos Sewer Basins. The motion was seconded by Mok.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
B. Resolution 65-22 Adopting the Proposed FY 2022-23 Operating Budget and FY 2023-27 Five-Year Capital Improvement Plan Budget and Gann Limit for the Town of Los Altos Hills; and Resolution 66-22 Approving the FY 2022-23 Salary Schedule (Staff: S. Revillar)
Administrative Service Director Sarina Revillar presented the staff report.
Council discussion ensued.
Mayor Tyson opened the Public Hearing.
Seeing no one wishing to speak, Mayor Tyson closed the Public Hearing.
MOTION MADE AND SECONDED: Vice Mayor Swan moved to adopt Resolution 65-22 Adopting the Proposed FY 2022-23 Operating Budget and FY 2023-27 Five-Year Capital Improvement Plan Budget and Gann Limit for the Town of Los Altos Hills; and Resolution 66-22 Approving the FY 2022-23 Salary Schedule. The motion was seconded by Councilmember Tankha.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
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ABSENT: None
C. Appeal of the Planning Commission Imposed Conditions of Approval for a Site Development Permit for Landscape Screening at 12869 La Cresta Drive – File #SD21-0079 (Resolution #TBD) (Staff: S. Mangalam)
Assistant Planner Areli Perez presented the staff report.
Council discussion ensued.
Mayor Tyson opened the Public Hearing.
Matt Francois, Attorney, respectfully asking the Council to grant the appeal to allow for the fence for their pets and growing family. He presented his case and introduced his clients Nick and Heidi Sutardja, who spoke on their behalf.
Birgitta Indaco, Los Altos Hills, said this house was an abandoned site and they restored the land in 2018 and the photos they are showing are a good 10 to 20 feet below the back of the house. You have to step down 10 feet down to get to the dining area. The views from the house are not impeded by this open space easement.
Kit Gordon, Los Altos Hills, said she requested that the Open Space Committee review the design of the fence being proposed. It is unusual to have a fence in the easement.
Carol Gottlieb, Los Altos Hills, commented that the house being constructed has a slope the same configuration that has been required on this. They are not asking for anything different than is being approved on other properties.
Mayor Tyson close the Public Hearing.
Council discussion ensued.
MOTION MADE AND SECONDED: Mayor Tyson moved to grant the appeal and direct staff to accept the compromise solution having to do with the new fence design as well as the location and the no-build covenant and at the same time direct staff to proceed with developing an improved fence ordinance. The motion was seconded by Councilmember Mok.
City Attorney Mattas read revised conditions into the record. The revised conditions included the following additions:
1. Prior to the issuance of a certificate of occupancy for the house, the property owner shall record against the property a 30-foot no-build covenant, in a form acceptable to the City Attorney and that is enforceable in perpetuity by the Town, commencing from the eastern property line parallel to La Cresta Drive. No structures, grading, or fill shall DRAFT
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be permitted within this no-build covenant area with the exception of a portion of the driveway, underground and above-ground utilities and a mailbox, which as applicable, are shown in the Project Plans. Only native vegetation may be planted within the nobuild covenant area; however, no irrigation or sprinkler systems are permitted in the no-build covenant area. Prior to recording the covenant against the property, the property owner shall prepare and provide the draft covenant, legal description and plat exhibits as prepared by a licensed land surveyor for review and approval by the Planning Director.
2. Fencing location as shown on the plans dated July 19, 2022 is approved with final design. The applicant shall submit a revised site plan showing the fencing located outside the slope easement and the no-build covenant area. The revised site plan shall be subject to approval by the Planning Director.
3. The proposed fence shall provide openings sufficient to accommodate the free passage of wildlife through the no-build covenant area.
MOTION AND SECOND AMENDED: Mayor Tyson amended his motion to include the revised conditions. Councilmember Mok amended his second.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
7. STAFF REPORTS
Item 7.B was heard first:
B. City Attorney
City Attorney Mattas announced that there was no reportable action as a result of the Closed Session at 5:30 p.m. on June 16, 2022.
He reported that on April 21, 2022, the City Council by a 5-0 vote approved a settlement agreement with Roberto Martinez Sandoval.
The Council received correspondence on regulation of firearms. For the record, the Council did adopt a firearm safety storage ordinance in 2021.
C. City Clerk
City Clerk Padovan reported that the Notice of Election will be in the July 6th Town Crier and the nomination period to run for Council begins on July 18 and runs through August 12.
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D. Planning Director
Planning Director Mangalam reported that there will be a June 20, 2022, Special Joint City Council/Planning Commission meeting to discuss the Housing Element.
She invited the community to attend and provide input.
E. Administrative Services Director
Administrative Services Director Revillar reported that they have two great candidates for accounting technician who are moving forward to the second round of interviews. Interns have started. She provided an update regarding the IT strategic plan and that the consultant will be reporting to the City Council at a future meeting.
F. Public Works Director
Public Works Director Antillon said our maintenance crew has done a good job with the Robleda/La Paloma path. It will be done soon.
Regarding Summerhill, they have great proposals to complete the path and that should be coming to the City Council for approval soon.
The E. Sunset widening project is moving along.
A. City Manager
City Manager Pirnejad reported the following items:
o A vegetation fire on Elena Road on Sunday, June 12, 2022. The Cause/Origin: Accidental
o Reminder to be vigilant with water savings due to the current drought. o Hazard Mitigation Grant Program
o Neighborhood Watch Program
o Art Sculpture at Town Hall
o Engaging with KMVT to investigate the possibility of broadcasting City Council meetings and Planning Commission meetings over the television network. o Emergency Operations. In the past couple of weeks, staff has been holding meeting with the town’s new consultant Emergency Manager to discuss how to best prepare the town for the upcoming fire season, as well as any other emergency response situations that would need the involvement of staff and the community.
o Victoria Dye Equestrian Contract Renegotiation as the contract expires April 1, 2023. Staff met with VDE to review and discuss next steps in contract negotiation.
o Town Picnic Metrics
o 4th of July Parade
o TEDx is scheduled for January 2023.
8. REPORTS FROM COMMITTEES, SUB-COMMITTEES, AND
COUNCILMEMBERS ON OUTSIDE AGENCIES
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A. Report by the Undergrounding Subcommittee (Mayor Tyson) Mayor Tyson reported that PG&E said the service book has been received and they are about to identify a project manager.
No action was taken.
B. Report from the Council Ad Hoc Committee on Community Surveys (Mayor Tyson/Councilmember Schmidt)
Councilmember Schmidt emphasized that they are doing work to get information from people, but we need to bring that to a close in September. We need to move forward and decide what we want to do to keep this process moving along.
No action was taken.
C. Report from the Council Town Hall Ad Hoc Committee (Mayor Tyson/Councilmember Schmidt)
Councilmember Schmidt said that the committee is receiving community input.
No action was taken.
D. Report from the Council Ad Hoc Committee Focusing on Broadband (Councilmembers Mok and Tankha)
Councilmember Mok reported that we want to correct the issue with towers in town. Based on the Ad Hoc Broadband Committee discussion, Council would like staff to study and suggest possible text amendments to the “Wireless Telecommunications Facilities” ordinance to include provisions for internet-only providers.
City Manager Pirnejad said that it may take a bit longer, but staff will work with the ad hoc committee. This item will be added to agenda later in the year.
No action was taken.
E. Status Reports from All Councilmembers on Subcommittee and Outside Agencies Activities
Councilmember Mok talked about the leaf blower ordinance and requested that it be agendized for the August City Council Meeting. He would like to have the City Manager provide some testimony from town staff on how it would impact their ability to perform landscape maintenance. The “anti-leaf blower” side should also be allowed to present.
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Additionally, there is concern that we may have more natural gas leakage and we may want to hire someone to review. He would like to see a presentation regarding that.
The Our Town newsletter is currently produced four times a year. He suggested that we form an ad hoc committee to weigh the value of the newsletter and make recommendations to the council on the cost, value, and benefit to the town. Will come back to the Council by November. He suggested that an ad hoc committee be made up of Councilmembers Schmidt and Mok.
MOTION MADE AND SECONDED: Councilmember Schmidt moved that an ad hoc committee consisting of herself and Councilmember Mok be created to review the newsletter and make recommendations to the town. The motion was seconded by Councilmember Mok.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
Mayor Tyson reported on the activities on Silicon Valley Clean Energy, Community Health Awareness Council (CHAC), the Finance and Investment Committee. He further stated that the Los Altos Hills County Fire District (LAHCFD) just passed a budget, and they will be funding station 8.
MOTION MADE AND SECONDED: Vice Mayor Swan moved to extend the meeting past 10:00 p.m. The motion was seconded by Councilmember Mok.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
9. COUNCIL INITIATED ITEMS
A. Request and Possible Action to Direct Staff Pursue a California State Landmark Designation for Westwind Community Barn (Vice Mayor Swan)
Vice Mayor Swan presented her request.
Director Mangalam provided information on the process of the historic registration.
There was Council consensus to add this item to the 2023 priority setting session.
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10. ADJOURN
The meeting adjourned at 10:23 p.m.
Respectfully submitted,
Deborah Padovan
City Clerk
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1 Joint City Council/Planning Commission
Special Meeting Minutes
June 20, 2022
CALL TO ORDER, ROLL CALL
This meeting was conducted virtually pursuant to the provisions of Assembly Bill 361 and Government Code Section 54953(e) related to conducting public meetings during the COVID-19 pandemic. Mayor Tyson called the Joint City Council Planning Commission Special Meeting to order at 4:03 p.m.
Present: Mayor George Tyson, Vice Mayor Linda Swan, Councilmember Stanley Q. Mok, Councilmember Kavita Tankha, Chair Birgitta Indaco, Vice Chair Jim Waschura, Commissioner Jitze Couperus, Commissioner Rajiv Patel
Absent: Councilmember Schmidt and Commissioner Smith
Staff: City Manager Peter Pirnejad, Administrative Services Director Sarina Revillar, Planning Director Sofia Mangalam, Principal Planner Steve Padovan, Management Analyst II Cody Einfalt, City Clerk Deborah Padovan
1. AGENDA REVIEW
There were no changes to the agenda.
2. STUDY SESSION
A. Housing Element Update 2023-2031: Presentation by Michael Baker International, Inc. Consultant Team and Staff to the City Council, the Planning Commission, and the Community to include the following:
An update on progress on the Housing Element update including housing sites inventory for Regional Housing Needs Allocation (RHNA).
Planning Director Sofia Mangalam introduced the planning staff and the consultant.
Aaron Barral with Michael Baker International presented the housing element update, the sites inventory, and some programming examples.
Council and commission discussion ensued.
Sasha Zbrozek, Los Altos Hills, asked about why we haven't signed an agreement with Foothill College or any of the other potentially developed sites and what the Town of Los Altos Hills
Joint City Council/Planning Commission Special Meeting
Minutes
Monday, June 20, 2022 – 5:00 p.m.
Council Chambers, 26379 Fremont Road, Los Altos Hills,
California
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AGENDA ITEM 4.B
2 Joint City Council/Planning Commission
Special Meeting Minutes
June 20, 2022
process looks like.
Steve Jordan, Los Altos Hills, said he would like to get a copy the presentation. He brought the increase in need for water with the new housing. (he said more) Betty Kayton, Los Altos Hills, commented that Westwind Barn land should be used for housing.
Joanne Morris, Los Altos Hills, asked about in-home rentals for students or traveling nurses. She asked about the Seton property and had specific questions about ADU's.
Anne Paulsen, asked about the capacity of the institutional sites.
Bernardo Ferrari, Los Altos Hills, asked about potential to grandfather in existing ADUs before starting ADU program.
Sasha Zbrozek, Los Altos Hills, asked about construction restraints.
Joanne Morris, Los Altos Hills, mentioned the ADU laws in neighboring cities and raised concern that some property owners may build ADUS and not rent them out.
Council and commission comments and discussion ensued. No action was taken.
2. PUBLIC COMMENT (PUBLIC COMMENT IS LIMITED TO ITEMS WHICH
ARE THE SUBJECT OF THE SPECIAL MEETING)
The meeting adjourned at 6:20 p.m.
Respectfully submitted,
Deborah Padovan
City Clerk
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CALL TO ORDER, ROLL CALL
Via teleconference according to the Governor’s Executive Order N-29-20, Mayor Tyson called the City Council Special Meeting to order at 4:01 p.m.
Present: Mayor George Tyson, Vice Mayor Linda Swan, Councilmember Stanley Q. Mok, Councilmember Lisa H. Schmidt, Councilmember Tankha
Absent: None
Staff: City Manager Peter Pirnejad, City Attorney Steve Mattas, Planning Director Sofia Mangalam, Public Works Director Oscar Antillon, Administrative Services Director Sarina Revillar, Management Analyst II Cody Einfalt, City Clerk Deborah Padovan
1. PUBLIC COMMENT
There was no public comment.
2. CONSENT CALENDAR
MOTION MADE AND SECONDED: Vice Mayor Swan moved to approve the Consent Calendar. The motion was seconded by Councilmember Tankha.
MOTION PASSED 5-0:
AYES: Tyson, Swan, Mok, Schmidt, Tankha
NOES: None
ABSTAIN: None
RECUSE: None
ABSENT: None
A. Approval of Special City Council Meeting Minutes: June 16, 2022 B. Review of Disbursements: June 1-30, 2022 $2,312,013.92 C. Motion to Re-Authorize Remote Teleconference Meetings of the Town of Los Altos Hills, Including the Planning Commission and Committees, due to the Imminent Risks to the Health and Safety of Attendees and Making Related Findings Pursuant to AB 361 (Staff: S. Mattas)
D. Resolution 68-22 to Purchase Town Furniture for Reorganization of Workspace Using ARPA Funds (Staff: O. Antillon and S. Revillar)
Town of Los Altos Hills
City Council Special Meeting Minutes
Monday, July 18, 2022 – 4:00 p.m.
Council Chambers, 26379 Fremont Road, Los Altos Hills,
California
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AGENDA ITEM #4.C
2 City Council Special Meeting Minutes
June 16, 2022
E. Resolution 69-22 Approving Revisions to the Agreement Between the Town of Los Altos Hills and West Bay Sanitary District for Operation, Maintenance, and Related Services for Town Sanitary Sewer System (Staff: O. Antillon) F. Proclamation in Recognition of Steve Padovan, Principal Planner, Retirement (Staff:
D. Padovan)
G. Rejection of Claim of Sea Landing Limited Partnership (Staff: D. Padovan)
3. ADJOURN
The meeting adjourned at 4:03 p.m.
Respectfully submitted,
Deborah Padovan
City Clerk
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TOWN OF LOS ALTOS HILLS August 18, 2022
Staff Report to the City Council
SUBJECT: JULY 2022 DISBURSEMENT LISTING
FROM: Sarina Revillar, Administrative Services Director APPROVED: Peter Pirnejad, City Manager
RECOMMENDATION: That the City Council:
Receive the July 2022 Disbursements Report.
BACKGROUND:
The July 2022 Monthly Disbursements report is submitted to the City Council for transparency.
DISCUSSION:
The disbursements totaled $ 1,272,917.31 and Electronic Fund Transfers totaled $ 406,839.56 with a grand total of $ 1,679,756.87. The summarized information shown below for payroll and related benefits, as well as other individual items greater than $10,000.
The payments itemized below total $ 1,470,275.27 or approximately 88% of total disbursements by check or electronic fund transfer for the month.
Amounts Vendors Description of Payments
$ 320,078.67 ADP- Payroll Services Primarily relates to the biweekly payroll ($76,958.74) and related payroll taxes ($24,200.36) for the pay date
07.01.22; and biweekly payroll ($77,331.71) and related payroll taxes ($24,219.83) for the pay date 07.15.22; and biweekly payroll ($86,708.01) and related payroll taxes ($30,660.02) for the pay date 07.29.22.
122,174.87 CalPERS (retirement and
health), MetLife (dental), and
ICMA (deferred comp
Employer contributions and employee withholdings related to payroll benefits
185,014.40 Brannon Corporation East Sunset Drive-Progress Billing- CIP 10,669.68 Cahill, Carl Retiree Medical Prepayment 7/01-12/31/2022 13,097.70 CivicPlus Civic Clerk, CP Media Annual Premium 34,000.00 Community Health Awareness
Council (CHAC)
Community Service Grant
25,000.00 Community Services Agency Community Service Grant 22,069.46 Cotton, Shires & Associates Geotech Services
104,702.46 CSG Consultants Bldg. Inspection, Code Enforcement, Counter Tech & Plan Review
13,530.85 D&L Supply Co Inc Manhole Cover & Gasket
AGENDA ITEM #4.D
Staff Report to City Council Page 2
Disbursement Report
August 18, 2022
Amounts Vendors Description of Payments
36,835.45 Eaton and Associates IT Services & LAH Laptop Docks 24,609.11 Grassroots Ecology LAH Open Space Stewardship 10,000.00 Hidden Villa Community Service Grant
19,406.04 Meyers Nave City Attorney Services
251,051.00 Pooled Liability Assurance
Network (PLAN) JPA
General Liability & Property Member Contribution
21,808.85 Santa Clara Sheriff's Dept Law Enforcement Services-Extra Swing Shift Patrol 20,070.50 SHARP JPA Workers Compensation
46,341.38 Tyler Renewal-Accounting Software- InCode 10
19,462.50 Victoria Dye Equestrian LLC Summer Riding Camps & Management Fee 91,852.35 West Bay Sanitary District Sewer Maintenance Services-May and June 22 60,000.00 Misc. Recipients Refund deposits
$ 1,470,275.27 Total Payroll and Related Benefits and Individually Significant Items > $10,000 2022 CITY COUNCIL STRATEGIC PRIORITIES:
The report is for financial transparency and was not specified as one of Council’s priorities in 2022.
ENVIRONMENTAL REVIEW:
The Disbursement report is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15061(b)(3) of the CEQA Guidelines.
FISCAL IMPACT:
There is no fiscal impact for July 2022 Disbursements report.
ATTACHMENTS:
1. July 2022 Disbursements Report by Vendor
Prepared by: Jocelyn Misola
Amount
Expense Approval Report
Town of Los Altos Hills By Vendor Name
Payment Dates 7/1/2022 - 7/31/2022
Vendor Name Payable Number Post Date Description (Item) Account Number Vendor: ABLE02 - ABLE SEPTIC TANK
ABLE SEPTIC TANK R11370 07/21/2022 BLD22-0246-23311 MORA GLEN 011-0000-2002 $ 2.12 ABLE SEPTIC TANK R11370 07/21/2022 BLD22-0246-23311 MORA GLEN 011-0000-2004 $ 1.00 ABLE SEPTIC TANK R11370 07/21/2022 BLD22-0246-23311 MORA GLEN 011-3200-4305 $ 146.88 ABLE SEPTIC TANK R11370 07/21/2022 BLD22-0246-23311 MORA GLEN 011-3200-4305 $ 180.00 Vendor ABLE02 - ABLE SEPTIC TANK Total: $ 330.00
Vendor: AG94551 - AG SECURITY SERVICES, INC.
AG SECURITY SERVICES, INC. A369562 07/07/2022 ACT# AG30451 LAH CORP YARD-061-4300-6118 $ 129.78 AG SECURITY SERVICES, INC. A758548 07/07/2022 ACT# 30282-LAH TOWN HALL 7. 061-1480-6118 $ 211.05 Vendor AG94551 - AG SECURITY SERVICES, INC. Total: $ 340.83 Vendor: ATKINS94023 - ALEXANDER ATKINS DESIGN INC
ALEXANDER ATKINS DESIGN IN 8177 07/21/2022 OUR TOWN NEWSLETTER SEPT I011-1700-6207 $ 6,000.00 Vendor ATKINS94023 - ALEXANDER ATKINS DESIGN INC Total: $ 6,000.00 Vendor: AMAZON30353 - AMAZON
AMAZON 438674979776 06/30/2022 CARE ITEMS-COVID-19 ANTIGEN 061-1480-6398 $ 916.85 AMAZON 438855955384 06/30/2022 BLDG/PLANNING HEADSET 011-3100-6398 $ 46.35 AMAZON 438855955384 06/30/2022 BLDG/PLANNING HEADSET 011-3200-6398 $ 46.35 AMAZON 439344548365 06/30/2022 NOTEPRO UNDATED PLANNER 011-3100-6301 $ 43.62 AMAZON 465549989693 06/30/2022 TOWN CENTER OFFICE SUPPLIES061-1480-6301 $ 41.44 AMAZON 538654984796 06/30/2022 AVERY 8 TAB UNPUNCHED DIVID011-1400-6301 $ 147.41 AMAZON 659384778773 06/30/2022 BATTERIES, BLUE TAPEHEAVY D 061-1480-6398 $ 279.76 AMAZON 759995699746 06/30/2022 BLDG-LABEL ENVELOPES 011-3200-6398 $ 42.10 AMAZON 873973949378 06/30/2022 STERNO HANDY WICK CHAFING 011-1300-6398 $ 52.17 AMAZON 874647939867 06/30/2022 MED SUPPLIES 061-1480-6398 $ 24.60 AMAZON 883473844896 06/30/2022 PRIDE FLAG RAINBOW 011-1300-6398 $ 45.79 AMAZON 955373749883 06/30/2022 BLDG/PLANNING WIRED HEADS 011-3100-6398 $ 17.23 AMAZON 955373749883 06/30/2022 BLDG/PLANNING WIRED HEADS 011-3200-6398 $ 17.22 AMAZON 974586864568 06/30/2022 AVERY 8 TAB DIVIDERS 011-1400-6301 $ 132.68 AMAZON 989857585777 06/30/2022 DOT CODE - LABEL KITS 011-1400-6301 $ 16.84 AMAZON 996557957379 06/30/2022 Town Center Supplies 061-1480-6398 $ 21.51 AMAZON 997478387864 06/30/2022 LABELS, TAGS 061-1480-6301 $ 13.73 Vendor AMAZON30353 - AMAZON Total: $ 1,905.65
Vendor: ANIMAL95037 - ANIMAL DAMAGE MANAGEMENT
ANIMAL DAMAGE MANAGEME244677 06/30/2022 MONTHLY PEST CONTROL JUNE 011-5100-6130 $ 325.00 Vendor ANIMAL95037 - ANIMAL DAMAGE MANAGEMENT Total: $ 325.00 Vendor: ASSOCIATION01 - ASSOCIATION OF BAY AREA GOVERNMENTS ASSOCIATION OF BAY AREA GOAR029213 07/21/2022 FY22/23 ABAG MEMBERSHIP DU011-1200-6302 $ 2,846.00 Vendor ASSOCIATION01 - ASSOCIATION OF BAY AREA GOVERNMENTS Total: $ 2,846.00 Vendor: AT&T 60197_5014 - AT&T
AT&T 256795714 07/21/2022 ACT # 256795714 7.10.22 061-1480-6362 $ 90.95 Vendor AT&T 60197_5014 - AT&T Total: $ 90.95
Vendor: AT&T PO9011 - AT&T
AT&T 000018452772 07/21/2022 T-1 PBX/PRI TELEPHONES DATA 061-1480-6362 $ 167.08 AT&T 000018452859 07/21/2022 PURISSIMA/ELENA PUMP STATI 051-4800-6362 $ 20.78 AT&T 000018452862 07/21/2022 ALTERNATE EOC - FIRE STATION021-6100-6362 $ 63.93 AT&T 000018452863 07/21/2022 HERITAGE HOUSE ALARM-7.202021-6100-6362 $ 22.99 AT&T 000018452864 07/21/2022 26379 FREMONT ROAD-7.2022 061-1480-6362 $ 388.82 AT&T 000018452865 07/21/2022 26379 FREMONT ROAD - CHAMB061-1480-6362 $ 22.43 AT&T 000018452866 07/21/2022 WWB FIRE ALARM LINE-7.2022 011-5300-6362 $ 43.18 AT&T 000018452867 07/21/2022 HERITAGE HOUSE DSL SVC-7.202021-6100-6362 $ 229.30 AT&T 000018452868 07/21/2022 26379 FREMONT ROAD-7.2022 061-1480-6362 $ 236.06 AT&T 000018452869 07/21/2022 HERITAGE HOUSE OES NEW PHO021-6100-6362 $ 43.18 7/26/2022 2:06:45 PM Page 1 of 14
Amount
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Vendor Name Payable Number Post Date Description (Item) Account Number AT&T 000018452870 07/21/2022 12863 LA CRESTA EOC HAM RAD021-6100-6362 $ 25.09 AT&T 000018452871 07/21/2022 28002 PURISSIMA RD - SANITAR 051-4800-6362 $ 22.99 AT&T 000018452872 07/21/2022 27400 PURISSIMA RD - CORP YA061-4300-6362 $ 44.31 AT&T 000018453342 07/21/2022 O'KEEFE LN AT NORMANDY LN.-051-4800-6362 $ 22.95 Vendor AT&T PO9011 - AT&T Total: $ 1,353.09
Vendor: BAYSCAPE01 - BAYSCAPE MANAGEMENT, INC.
BAYSCAPE MANAGEMENT, INC26153 06/30/2022 MONTHLY MAINT-JUN 22-ARAST011-4740-6125 $ 600.00 BAYSCAPE MANAGEMENT, INC26153 06/30/2022 MONTHLY MAINT-JUN 22-FOOT 011-4740-6125 $ 1,900.00 BAYSCAPE MANAGEMENT, INC26153 06/30/2022 MONTHLY MAINT-JUN 22-FREM 011-4740-6125 $ 3,000.00 BAYSCAPE MANAGEMENT, INC26153 06/30/2022 MONTHLY MAINT-JUN 22-EDITH 011-5100-6122 $ 750.00 BAYSCAPE MANAGEMENT, INC26153 06/30/2022 MONTHLY MAINT-JUN 22-WETS 011-5300-6122 $ 1,500.00 Vendor BAYSCAPE01 - BAYSCAPE MANAGEMENT, INC. Total: $ 7,750.00 Vendor: BEAR95002 - BEAR ELECTRICAL SOLUTIONS, INC.
BEAR ELECTRICAL SOLUTIONS, I16071 06/30/2022 TRAFFIC SIGNAL MAINT. SVCS JU 011-4600-6145 $ 551.25 Vendor BEAR95002 - BEAR ELECTRICAL SOLUTIONS, INC. Total: $ 551.25 Vendor: BELLECCI01 - BELLECCI & ASSOCIATES INC
BELLECCI & ASSOCIATES INC 200065.00-1 06/30/2022 LAH UUD-EL MONTE FIRE STATIO 041-6900-6206 $ 2,722.04 Vendor BELLECCI01 - BELLECCI & ASSOCIATES INC Total: $ 2,722.04 Vendor: BRANNON01 - BRANNON CORPORATION
BRANNON CORPORATION 2 06/30/2022 EAST SUNSET DR.-PROGRESS BIL 046-6900-6206 $ 185,014.40 Vendor BRANNON01 - BRANNON CORPORATION Total: $ 185,014.40 Vendor: C&N95076 - C & N ENTERPRISES, INC.
C & N ENTERPRISES, INC. 98781 06/30/2022 2018 KUB M6 REPAIR 061-4300-6117 $ 1,030.42 C & N ENTERPRISES, INC. 98783 06/30/2022 JD 4720 REPAIR 061-4300-6117 $ 777.04 C & N ENTERPRISES, INC. 98975 06/30/2022 2000 KUB REPAIR 061-4300-6117 $ 721.50 Vendor C&N95076 - C & N ENTERPRISES, INC. Total: $ 2,528.96 Vendor: CAHILL94022 - CAHILL, CARL
CAHILL, CARL 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 10,669.68 Vendor CAHILL94022 - CAHILL, CARL Total: $ 10,669.68
Vendor: CBSC95833 - CALIFORNIA BUILDING STANDARDS COMMISSION CALIFORNIA BUILDING STANDA APR-JUN 22 06/30/2022 FEES COLLECTED QTR-APR-JUN 2011-0000-2004 $ 512.00 CALIFORNIA BUILDING STANDA APR-JUN 22 06/30/2022 FEES COLLECTED QTR-APR-JUN 2 011-0000-4685 $ (51.20) Vendor CBSC95833 - CALIFORNIA BUILDING STANDARDS COMMISSION Total: $ 460.80 Vendor: CONSERVATION95814 - CALIFORNIA DEPARTMENT OF CONSERVATION CALIFORNIA DEPARTMENT OF CAPR-JUN 22 06/30/2022 FEES COLLECTED QTR-APR-JUN 2011-0000-2002 $ 1,411.95 CALIFORNIA DEPARTMENT OF CAPR-JUN 22 06/30/2022 FEES COLLECTED QTR-APR-JUN 2011-0000-4685 $ (70.60) Vendor CONSERVATION95814 - CALIFORNIA DEPARTMENT OF CONSERVATION Total: $ 1,341.35 Vendor: CALWATER95194 - CALIFORNIA WATER SERVICE CO.
CALIFORNIA WATER SERVICE CO13534-6.21.22 06/30/2022 ACT# 8540713534-6.21.22 011-5100-6364 $ 54.18 CALIFORNIA WATER SERVICE CO44444-6.28.22 06/30/2022 ACT# 1865744444-6.28.22 011-5100-6364 $ 30.23 Vendor CALWATER95194 - CALIFORNIA WATER SERVICE CO. Total: $ 84.41 Vendor: CARINO - CARINO, WILLIAM
CARINO, WILLIAM 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 8,876.46 Vendor CARINO - CARINO, WILLIAM Total: $ 8,876.46
Vendor: CASSINGHAM - CASSINGHAM, MAUREEN
CASSINGHAM, MAUREEN 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 873.90 Vendor CASSINGHAM - CASSINGHAM, MAUREEN Total: $ 873.90 Vendor: CHAU94022 - CHAU, JOHN
CHAU, JOHN 07.21.22 07/21/2022 SERVICE AWARDS 25 YEARS-J. C 061-1480-6398 $ 250.00 Vendor CHAU94022 - CHAU, JOHN Total: $ 250.00
Vendor: CHEVRON28272 - CHEVRON AND TEXACO CARD SERVICES CHEVRON AND TEXACO CARD S82322654 07/21/2022 ACT # 0496-00-508533-7 FUEL 061-4400-6342 $ 575.61 Vendor CHEVRON28272 - CHEVRON AND TEXACO CARD SERVICES Total: $ 575.61 Vendor: CINTAS- UNIFORMS - CINTAS CORPORATION
CINTAS CORPORATION 4123278526 06/30/2022 UNIFORMS & SUPPLIES 6.23.22 061-1480-6123 $ 146.18 CINTAS CORPORATION 4123278526 06/30/2022 UNIFORMS & SUPPLIES 6.23.22 061-4300-6324 $ 151.95 7/26/2022 2:06:45 PM Page 2 of 14
Amount
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Vendor Name Payable Number Post Date Description (Item) Account Number CINTAS CORPORATION 4123953302 06/30/2022 UNIFORMS & SUPPLIES 6.30.22 061-1480-6123 $ 294.62 CINTAS CORPORATION 4123953302 06/30/2022 UNIFORMS & SUPPLIES 6.30.22 061-4300-6324 $ 151.95 CINTAS CORPORATION 4124735090 07/21/2022 UNIFORMS & HOUSEKEEPING 7 061-1480-6123 $ 142.31 CINTAS CORPORATION 4124735090 07/21/2022 UNIFORMS & HOUSEKEEPING 7 061-4300-6324 $ 155.82 CINTAS CORPORATION 4125310083 07/21/2022 UNIFORMS & HOUSEKEEPING 7 061-1480-6123 $ 146.34 CINTAS CORPORATION 4125310083 07/21/2022 UNIFORMS & HOUSEKEEPING 7 061-4300-6324 $ 151.79 Vendor CINTAS- UNIFORMS - CINTAS CORPORATION Total: $ 1,340.96 Vendor: CITIESASSOC - CITIES ASSOCIATION OF SANTA CLARA COUNTY CITIES ASSOCIATION OF SANTA FY 22-23 07/07/2022 FY 22-23 CITIES ASSOC OF SCC M 011-1200-6302 $ 6,523.00 Vendor CITIESASSOC - CITIES ASSOCIATION OF SANTA CLARA COUNTY Total: $ 6,523.00 Vendor: RWC94064 - CITY OF REDWOOD CITY
CITY OF REDWOOD CITY 284002 07/07/2022 MONTHLY IT SUPPORT JUNE 202061-1480-6208 $ 5,221.70 Vendor RWC94064 - CITY OF REDWOOD CITY Total: $ 5,221.70 Vendor: CIVIC66502 - CIVICPLUS
CIVICPLUS 224465 07/21/2022 CIVIC CLERK, CP MEDIA ANNUAL 011-3110-6398 $ 3,929.31 CIVICPLUS 224465 07/21/2022 CIVIC CLERK, CP MEDIA ANNUAL 061-1480-6210 $ 9,168.39 Vendor CIVIC66502 - CIVICPLUS Total: $ 13,097.70
Vendor: CODA01 - CODA TECHNOLOGY GROUP
CODA TECHNOLOGY GROUP 6811 06/30/2022 SERVICE TECH 6.16.22 011-1100-6398 $ 585.00 Vendor CODA01 - CODA TECHNOLOGY GROUP Total: $ 585.00
Vendor: COMCAST19380 - COMCAST BUSINESS
COMCAST BUSINESS 149036712 07/21/2022 ACT# 980056897 7.2022 061-1480-6362 $ 951.25 Vendor COMCAST19380 - COMCAST BUSINESS Total: $ 951.25
Vendor: COMCAST LOCAL ACCTS - COMCAST
COMCAST 0016749-6.17.22 06/30/2022 ACT# 8155 20 016 0016749-6.17061-1480-6362 $ 249.57 COMCAST 0017176-7.03.22 07/21/2022 ACT# 8155 20 016 0017176-7.03061-1480-6362 $ 197.47 Vendor COMCAST LOCAL ACCTS - COMCAST Total: $ 447.04
Vendor: CHAC94040 - COMMUNITY HEALTH AWARENESS COUNCIL
COMMUNITY HEALTH AWAREN 07.08.22 07/07/2022 COMMUNITY SERVICE GRANT FY011-1600-6340 $ 34,000.00 Vendor CHAC94040 - COMMUNITY HEALTH AWARENESS COUNCIL Total: $ 34,000.00 Vendor: CSA94043 - COMMUNITY SERVICES AGENCY
COMMUNITY SERVICES AGENCY07.08.22 07/07/2022 COMMUNITY SERVICE GRANT FY011-1600-6340 $ 25,000.00 Vendor CSA94043 - COMMUNITY SERVICES AGENCY Total: $ 25,000.00 Vendor: CORODATA90084 - CORODATA SHREDDING INC.
CORODATA SHREDDING INC. DN1371116 06/30/2022 32 GALLON CONSOLE 6.15.22 061-1480-6398 $ 62.82 Vendor CORODATA90084 - CORODATA SHREDDING INC. Total: $ 62.82 Vendor: COTTON95030 - COTTON SHIRES & ASSOC, INC.
COTTON SHIRES & ASSOC, INC. 622244 06/30/2022 GEOTECH SVCS 25911 ELENA RD 011-3200-6199 $ 1,817.50 COTTON SHIRES & ASSOC, INC. 622245 06/30/2022 GEOTECH SVC 26240 FREMONT 011-3200-6199 $ 1,842.39 COTTON SHIRES & ASSOC, INC. 622246 06/30/2022 6/2022 BILLABLE GEO TECH-SD2011-0000-2301 $ 1,962.39 COTTON SHIRES & ASSOC, INC. 622246 06/30/2022 6/2022 ADMIN FEE GEO TECH-S 011-0000-2301 $ 196.24 COTTON SHIRES & ASSOC, INC. 622246 06/30/2022 6/2022 RECOG ADMIN FEE GEO 011-0000-4685 $ (196.24) COTTON SHIRES & ASSOC, INC. 622246 06/30/2022 6/2022 PASSTHRU REV GEO TEC011-3100-4707 $ (1,962.39) COTTON SHIRES & ASSOC, INC. 622246 06/30/2022 6/2022 PASSTHRU EXP GEO TEC011-3100-6178 $ 1,962.39 COTTON SHIRES & ASSOC, INC. 722123 06/30/2022 GEOTECH-EAST SUNSET DR-JUN 046-6900-6206 $ 16,447.18 Vendor COTTON95030 - COTTON SHIRES & ASSOC, INC. Total: $ 22,069.46 Vendor: CSG94404 - CSG CONSULTANTS INC
CSG CONSULTANTS INC 45003 06/30/2022 CODE ENFORCEMENT JUN 22 011-3120-6111 $ 12,870.00 CSG CONSULTANTS INC 45003 06/30/2022 LAH BLDG OFFICIAL JUN 22 011-3200-6111 $ 901.00 CSG CONSULTANTS INC 45003 06/30/2022 OVER THE COUNTER PLAN CHEC 011-3200-6114 $ 106.00 CSG CONSULTANTS INC 45003 06/30/2022 LAH COUNTER TECHNICIAN JUN 011-3200-6199 $ 2,479.00 CSG CONSULTANTS INC 45003 06/30/2022 LAH BLDG INSPECTION JUN 22 011-3200-6199 $ 14,630.00 CSG CONSULTANTS INC 45003 06/30/2022 LAH ADMIN SVCS JUN 22 011-3200-6199 $ 2,100.00 CSG CONSULTANTS INC 45004 06/30/2022 LAH INSPECTION-12648 LA CRES 011-3200-6199 $ 1,440.00 CSG CONSULTANTS INC 45176 06/30/2022 LAH CONSTRUCTION INSPECTIO 046-6900-6206 $ 28,200.00 7/26/2022 2:06:45 PM Page 3 of 14
Amount
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Vendor Name Payable Number Post Date Description (Item) Account Number CSG CONSULTANTS INC B221185 06/30/2022 BLDG PLAN REVIEW SVCS JUN 22011-3200-6114 $ 41,976.46 Vendor CSG94404 - CSG CONSULTANTS INC Total: $ 104,702.46 Vendor: CURTIS95126 - CURTIS HORTICULTURE, INC.
CURTIS HORTICULTURE, INC. 19980 06/30/2022 JUNE 22 LANDSCAPE MAINT.-TO061-1480-6122 $ 1,860.00 Vendor CURTIS95126 - CURTIS HORTICULTURE, INC. Total: $ 1,860.00 Vendor: DLSUPPLY01 - D&L SUPPLY CO INC
D&L SUPPLY CO INC 0000126171-2 06/30/2022 MANHOLE COVER & GASKET-RE 048-6900-6398 $ 13,530.85 Vendor DLSUPPLY01 - D&L SUPPLY CO INC Total: $ 13,530.85 Vendor: DAILY94301 - DAILY POST
DAILY POST 80472 06/30/2022 PUBLIC HEARING NOTICE AD 6.2011-3110-6207 $ 300.00 DAILY POST 90754 06/30/2022 PC MEETING AD 6.1.22 011-3110-6207 $ 300.00 DAILY POST 80473 07/07/2022 BUDGET NOTICE AD# 90772 6.3 011-1400-6207 $ 300.00 DAILY POST 91020 07/07/2022 MIG TOWNHALL COMMUNITY A 041-6900-6199 $ 1,530.00 Vendor DAILY94301 - DAILY POST Total: $ 2,430.00
Vendor: DOWD - DOWD, PATRICIA
DOWD, PATRICIA 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 873.90 Vendor DOWD - DOWD, PATRICIA Total: $ 873.90
Vendor: EATON03 - EATON AND ASSOCIATES
EATON AND ASSOCIATES 86869 07/21/2022 MONTHLY IT SVCS JULLY 2022 061-1480-6111 $ 12,927.00 EATON AND ASSOCIATES 86902 07/21/2022 LAH LAPTOP DOCK 061-1480-6502 $ 23,908.45 Vendor EATON03 - EATON AND ASSOCIATES Total: $ 36,835.45 Vendor: ECS92506 - ECS IMAGING, INC.
ECS IMAGING, INC. 17025 07/21/2022 ANNUAL RENEWAL LICENSE 8.20011-1300-6209 $ 4,800.00 Vendor ECS92506 - ECS IMAGING, INC. Total: $ 4,800.00
Vendor: EMERZIAN02 - EMERZIAN, KAREN
EMERZIAN, KAREN 06.28.22 06/30/2022 REIMB TOWNPICNIC 011-4120-6361 $ 25.26 Vendor EMERZIAN02 - EMERZIAN, KAREN Total: $ 25.26
Vendor: ENGEO94583 - ENGEO INCORPORATED
ENGEO INCORPORATED 273444 06/30/2022 MATADERO CREEK REPAIR 6.202045-6900-6206 $ 910.50 Vendor ENGEO94583 - ENGEO INCORPORATED Total: $ 910.50
Vendor: EPS01 - EPS INC
EPS INC EP22-0017 07/21/2022 REFUND DEPOSIT EP22-0017-12 011-0000-2301 $ 406.00 EPS INC EP22-0017 07/21/2022 REFUND DEPOSIT EP22-0017-12 046-0000-4673 $ 326.00 Vendor EPS01 - EPS INC Total: $ 732.00
Vendor: ERDMANN01 - ERDMANN, JASON
ERDMANN, JASON SD20-0002 07/21/2022 REFUND DEPOSIT SD20-0002 27 011-0000-2301 $ 575.26 Vendor ERDMANN01 - ERDMANN, JASON Total: $ 575.26
Vendor: EVILSIZER - EVILSIZER, JEANNE
EVILSIZER, JEANNE 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 2,641.80 Vendor EVILSIZER - EVILSIZER, JEANNE Total: $ 2,641.80
Vendor: FEDEX - FEDERAL EXPRESS CORP.
FEDERAL EXPRESS CORP. 7-798-52534 06/30/2022 ACT # 1233-4819-2 CATHY ARIAS 011-1200-6303 $ 34.42 Vendor FEDEX - FEDERAL EXPRESS CORP. Total: $ 34.42
Vendor: FELDMAN02 - FELDMAN, REVA
FELDMAN, REVA 2022 LAH-1 06/30/2022 CONSULTING SVCS INITIAL PMT 011-1200-6199 $ 2,500.00 FELDMAN, REVA 2022 LAH-2 06/30/2022 CONSULTING SVCS JUNE 2022 011-1200-6199 $ 2,500.00 Vendor FELDMAN02 - FELDMAN, REVA Total: $ 5,000.00
Vendor: FODHF - FRIENDS OF DEER HOLLOW FARM
FRIENDS OF DEER HOLLOW FAR07.08.22 07/07/2022 COMMUNITY SERVICE GRANT FY011-1600-6340 $ 6,000.00 Vendor FODHF - FRIENDS OF DEER HOLLOW FARM Total: $ 6,000.00 Vendor: GARDENLAND95008 - GARDENLAND CENTER INC.
GARDENLAND CENTER INC. 941106 06/30/2022 GREEN MOWER REPAIR 061-4300-6117 $ 481.27 GARDENLAND CENTER INC. 943573 07/21/2022 CHAIN LOOP 061-4300-6117 $ 229.36 Vendor GARDENLAND95008 - GARDENLAND CENTER INC. Total: $ 710.63 7/26/2022 2:06:45 PM Page 4 of 14
Amount
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Vendor Name Payable Number Post Date Description (Item) Account Number Vendor: GOVERNMENT02 - GOVERNMENT TECHNOLOGY GROUP, LLC GOVERNMENT TECHNOLOGY G 108 06/30/2022 STRATEGIC BROADBAND FEASIB 011-1200-6199 $ 18,500.00 Vendor GOVERNMENT02 - GOVERNMENT TECHNOLOGY GROUP, LLC Total: $ 18,500.00 Vendor: GRAINGER60038 - GRAINGER
GRAINGER 9922930848 06/30/2022 MARKING PAINT WHITE 061-4300-6398 $ 90.72 Vendor GRAINGER60038 - GRAINGER Total: $ 90.72
Vendor: GRASSROOTS01 - GRASSROOTS ECOLOGY
GRASSROOTS ECOLOGY LAHBP0622 06/30/2022 OPEN SPACE STEWARDSHIP QTR 041-6900-6122 $ 24,609.11 Vendor GRASSROOTS01 - GRASSROOTS ECOLOGY Total: $ 24,609.11 Vendor: GRATEFUL01 - GRATEFUL FAMILY TRUST
GRATEFUL FAMILY TRUST SD19-0055 07/21/2022 REFUND DEPOSIT SD19-0055-14 011-0000-2301 $ 2,768.00 Vendor GRATEFUL01 - GRATEFUL FAMILY TRUST Total: $ 2,768.00 Vendor: GREEN95112 - GREENWASTE RECOVERY INC
GREENWASTE RECOVERY INC 0006111354 06/30/2022 MANURE PILOT PROGRAM JUNE 011-1700-6361 $ 148.08 GREENWASTE RECOVERY INC 030056 06/30/2022 YARDWASTE JUNE 22 011-0000-1110 $ 4,614.21 GREENWASTE RECOVERY INC 0006137689 07/21/2022 LAH MANURE-27400 PURISSIMA 011-1700-6361 $ 154.36 Vendor GREEN95112 - GREENWASTE RECOVERY INC Total: $ 4,916.65 Vendor: HF&H01 - HF&H CONSULTANTS LLC
HF&H CONSULTANTS LLC 9719299 06/30/2022 LAH SEWER RATE STUDY MAY 2 051-4800-6206 $ 382.50 Vendor HF&H01 - HF&H CONSULTANTS LLC Total: $ 382.50
Vendor: HIDDENVILLA - HIDDEN VILLA
HIDDEN VILLA 07.08.22 07/07/2022 COMMUNITY SERVICE GRANT FY011-1600-6340 $ 10,000.00 Vendor HIDDENVILLA - HIDDEN VILLA Total: $ 10,000.00
Vendor: HIGBY - HIGBY, DOMENICA CINDY
HIGBY, DOMENICA CINDY 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 3,689.28 Vendor HIGBY - HIGBY, DOMENICA CINDY Total: $ 3,689.28
Vendor: HOLBROOK - HOLBROOK, ALAN
HOLBROOK, ALAN 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 6,063.54 Vendor HOLBROOK - HOLBROOK, ALAN Total: $ 6,063.54
Vendor: HOME85062 - HOME DEPOT CREDIT SERVICES
HOME DEPOT CREDIT SERVICES20621 06/30/2022 CONCRETE-LA PALOMA ROBLED042-6900-6126 $ 439.35 HOME DEPOT CREDIT SERVICES20631 06/30/2022 HINDGES-PURISSIMA PARK 011-5100-6118 $ 31.09 HOME DEPOT CREDIT SERVICES20632 06/30/2022 AC UNIT CORP YARD 061-4300-6398 $ 1,008.65 HOME DEPOT CREDIT SERVICES4451095 06/30/2022 REPLACEMENT BROKEN TOOL-R042-6900-6126 $ 500.88 HOME DEPOT CREDIT SERVICES9215539 06/30/2022 WORK GLOVES 061-4300-6398 $ 161.09 Vendor HOME85062 - HOME DEPOT CREDIT SERVICES Total: $ 2,141.06 Vendor: ICMA - ICMA Retirement Corp (Vantage Pt)
ICMA Retirement Corp (Vantage 100276-PD 7.01.22 07/07/2022 PPE 6.26.22 PLAN 100276 061-0000-2204 $ 1,253.84 ICMA Retirement Corp (Vantage 304465-PD 7.01.22 07/07/2022 PPE 6.26.22 PLAN 304465 061-0000-2204 $ 10,479.19 ICMA Retirement Corp (Vantage PD 7.01.22 07/07/2022 PPE 6.26.22 41A ER MATCH 061-0000-2204 $ 3,150.11 ICMA Retirement Corp (Vantage 100276-PD 7.15.22 07/21/2022 PPE 7.10.22 PLAN 100276 061-0000-2204 $ 1,253.84 ICMA Retirement Corp (Vantage 304465-PD.7.15.22 07/22/2022 PPE 7.10.22 PLAN 304465-PD.7. 061-0000-2204 $ 10,491.56 ICMA Retirement Corp (Vantage PD 07.15.22-2 07/22/2022 PPE 7.15.22 41A ER MATCH 061-0000-2204 $ 3,174.06 Vendor ICMA - ICMA Retirement Corp (Vantage Pt) Total: $ 29,802.60 Vendor: FUNFLICKS01 - JACKMAN ENTERPRISES LLC, DBA FUNFLICKS SF BAY AREA JACKMAN ENTERPRISES LLC, DB 06.10.22-2 07/07/2022 MOVIE AT THE PARK EVENT REP 011-4120-6361 $ 412.80 JACKMAN ENTERPRISES LLC, DB 07.19.22 07/21/2022 OUTDOOR MOVIE EQUIPMENT 011-4120-6361 $ 412.80 Vendor FUNFLICKS01 - JACKMAN ENTERPRISES LLC, DBA FUNFLICKS SF BAY AREA Total: $ 825.60 Vendor: JOST - JOST, KAREN
JOST, KAREN 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 2,736.36 Vendor JOST - JOST, KAREN Total: $ 2,736.36
Vendor: JU01 - JU, ANNIE
JU, ANNIE 07.11.22 07/21/2022 REIMB-NEIGHBOORHOOD WATC 021-6100-6399 $ 156.52 Vendor JU01 - JU, ANNIE Total: $ 156.52
7/26/2022 2:06:45 PM Page 5 of 14
Amount
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Vendor Name Payable Number Post Date Description (Item) Account Number Vendor: KNOPF94022 - KNOPF, CHRIS
KNOPF, CHRIS 07.21.22 07/21/2022 SERVICE AWARDS 5 YEARS-C. KN061-1480-6398 $ 50.00 Vendor KNOPF94022 - KNOPF, CHRIS Total: $ 50.00
Vendor: LAOFERTA01 - LA OFERTA NEWSPAPER
LA OFERTA NEWSPAPER 052870 07/21/2022 NOTICE OF ELECTION-DISPLAY A011-1300-6352 $ 4,480.00 Vendor LAOFERTA01 - LA OFERTA NEWSPAPER Total: $ 4,480.00 Vendor: LAFCO95110 - LAFCO OF SANTA CLARA COUNTY
LAFCO OF SANTA CLARA COUNTFY22-23 07/07/2022 LAH SHARE OF COSTS FY 22/23 011-1100-6302 $ 842.50 Vendor LAFCO95110 - LAFCO OF SANTA CLARA COUNTY Total: $ 842.50 Vendor: LCW90045 - LIEBERT CASSIDY WHITMORE
LIEBERT CASSIDY WHITMORE LO087 07/07/2022 BAERC MEMBERSHIP FY 22/23 011-1400-6302 $ 4,230.00 Vendor LCW90045 - LIEBERT CASSIDY WHITMORE Total: $ 4,230.00 Vendor: LIM03 - LIM, STEVE
LIM, STEVE SD19-0089 07/21/2022 REFUND DEPOSIT SD19-0089, SR011-0000-2301 $ (212.00) LIM, STEVE SD19-0089 07/21/2022 REFUND DEPOSIT SD19-0089, SR011-0000-2301 $ 733.63 Vendor LIM03 - LIM, STEVE Total: $ 521.63
Vendor: LINEBARGER - LINEBARGER, DAVID
LINEBARGER, DAVID 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 1,397.64 Vendor LINEBARGER - LINEBARGER, DAVID Total: $ 1,397.64 Vendor: CHAMBER94022 - LOS ALTOS CHAMBER OF COMMERCE
LOS ALTOS CHAMBER OF COMM07.08.22 07/07/2022 COMMUNITY SERVICE GRANT FY011-1600-6340 $ 5,000.00 Vendor CHAMBER94022 - LOS ALTOS CHAMBER OF COMMERCE Total: $ 5,000.00 Vendor: COMU01 - LOS ALTOS COMMUNITY FOUNDATION
LOS ALTOS COMMUNITY FOUN07.08.22 07/07/2022 SMALL BUSINESS RELIEF GRANT 011-1600-6340 $ 5,000.00 Vendor COMU01 - LOS ALTOS COMMUNITY FOUNDATION Total: $ 5,000.00 Vendor: LAHARDWARE94022 - LOS ALTOS HARDWARE INC
LOS ALTOS HARDWARE INC 15512/1 06/30/2022 PARK & REC BLDG LIGHT 011-1000-6398 $ 103.63 LOS ALTOS HARDWARE INC 15543/1 06/30/2022 SUPPLIES FOR WATER FOUNTAI 061-4300-6118 $ 86.83 LOS ALTOS HARDWARE INC 15545/1 06/30/2022 SUPPLIES FOR WATER FOUNTAI 061-4300-6118 $ 4.03 LOS ALTOS HARDWARE INC 15564/1 06/30/2022 PURISSIMA PARK LITTLE LEAGUE 011-5100-6122 $ 50.51 LOS ALTOS HARDWARE INC 15565/1 06/30/2022 TOOLS FOR CORP YARD 061-4300-6399 $ 144.00 LOS ALTOS HARDWARE INC 15603/1 06/30/2022 VALVE EXTENSION-CORP YARD 061-4300-6399 $ 196.25 LOS ALTOS HARDWARE INC 15639/1 06/30/2022 IRRIGATION REPAIR 061-4300-6122 $ 100.76 LOS ALTOS HARDWARE INC 15647/1 06/30/2022 SUPPLIES-ROBLEDA PATHWAY 042-6900-6399 $ 35.97 LOS ALTOS HARDWARE INC 15811/1 07/21/2022 CHAINSAW CHAIN CORP YARD 061-4300-6117 $ 185.46 LOS ALTOS HARDWARE INC 15846/1 07/21/2022 SUPPLIES FOR HAND RAIL LA PA 042-6900-6399 $ 365.79 LOS ALTOS HARDWARE INC 15847/1 07/21/2022 STORM DRAINAGE LID LA PALOM042-6900-6399 $ 22.32 LOS ALTOS HARDWARE INC 15875/1 07/21/2022 HANDRAIL LA PALOMA-ROBLEDA042-6900-6399 $ 111.57 LOS ALTOS HARDWARE INC 15886/1 07/21/2022 DRAINAGE FOUNTAIN 061-4300-6118 $ 13.08 Vendor LAHARDWARE94022 - LOS ALTOS HARDWARE INC Total: $ 1,420.20 Vendor: CRIER94022 - LOS ALTOS TOWN CRIER
LOS ALTOS TOWN CRIER 67415 06/30/2022 128-T NOTICE OF ADOPTION OR 011-1300-6207 $ 312.50 LOS ALTOS TOWN CRIER 67480 06/30/2022 VOLUNTEERS AD, PO STANDING 011-1700-6207 $ 57.71 LOS ALTOS TOWN CRIER 67480 06/30/2022 VOLUNTEERS AD, PO STANDING 011-1700-6207 $ 886.08 LOS ALTOS TOWN CRIER 67480 06/30/2022 VOLUNTEERS AD, PO STANDING 011-1700-6207 $ 57.71 LOS ALTOS TOWN CRIER 67480 06/30/2022 VOLUNTEERS AD, PO STANDING 011-1700-6207 $ 57.71 LOS ALTOS TOWN CRIER 67480 06/30/2022 VOLUNTEERS AD, PO STANDING 011-1700-6207 $ 57.73 LOS ALTOS TOWN CRIER 67480 06/30/2022 VOLUNTEERS AD, PO STANDING 011-1700-6207 $ 57.71 LOS ALTOS TOWN CRIER 67480 06/30/2022 VOLUNTEERS AD, PO STANDING 011-1700-6207 $ 57.71 LOS ALTOS TOWN CRIER 67480 06/30/2022 VOLUNTEERS AD, PO STANDING 011-1700-6207 $ 57.71 LOS ALTOS TOWN CRIER 67480 06/30/2022 VOLUNTEERS AD, PO STANDING 011-1700-6207 $ 57.71 LOS ALTOS TOWN CRIER 67480 06/30/2022 VOLUNTEERS AD, PO STANDING 011-1700-6207 $ 57.71 LOS ALTOS TOWN CRIER 67480 06/30/2022 VOLUNTEERS AD, PO STANDING 011-1700-6207 $ 57.71 LOS ALTOS TOWN CRIER 67556 07/21/2022 133-T AD 7.6.22 011-1300-6352 $ 93.75 Vendor CRIER94022 - LOS ALTOS TOWN CRIER Total: $ 1,869.45 7/26/2022 2:06:45 PM Page 6 of 14
Amount
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Vendor Name Payable Number Post Date Description (Item) Account Number Vendor: LOWCHAREONKUL01 - LOWCHAREONKUL, TERATUM
LOWCHAREONKUL, TERATUM MA20-0001 07/21/2022 REFUND DEPOSIT MA20-0001 24 011-0000-2301 $ 964.50 Vendor LOWCHAREONKUL01 - LOWCHAREONKUL, TERATUM Total: $ 964.50 Vendor: SIGNIFICANT95125 - MARQUETTE COMMERCIAL FINANCE MARQUETTE COMMERCIAL FIN109839 06/30/2022 SUPPLIES 5.03 AND 5.09 061-1480-6123 $ 785.68 MARQUETTE COMMERCIAL FIN110121 06/30/2022 SUPPLIES 6.20.22 061-1480-6123 $ 599.79 MARQUETTE COMMERCIAL FIN110155 06/30/2022 SUPPLIES JUN 20.22 061-1480-6123 $ 62.69 MARQUETTE COMMERCIAL FIN110177 06/30/2022 SUPPLIES 6.23.22 061-1480-6123 $ 80.04 MARQUETTE COMMERCIAL FIN110291 07/21/2022 JANITORIAL SVCS JUL 22-LITTLE 011-5100-6123 $ 395.00 MARQUETTE COMMERCIAL FIN110292 07/21/2022 JANITORIAL SVCS JUL 22 061-1480-6123 $ 1,979.00 MARQUETTE COMMERCIAL FIN110293 07/21/2022 JANITORIAL SVCS JULY 22 011-5300-6123 $ 405.00 Vendor SIGNIFICANT95125 - MARQUETTE COMMERCIAL FINANCE Total: $ 4,307.20 Vendor: MARQUISE01 - MARQUISE PROPERTY MANAGEMENT, INC.
MARQUISE PROPERTY MANAGE EP22-0064 07/21/2022 REFUND DEPOSIT EP22-0064-23 011-0000-2301 $ 1,000.00 MARQUISE PROPERTY MANAGE EP22-0064 07/21/2022 REFUND DEPOSIT EP22-0064-23 011-0000-2303 $ 1,000.00 MARQUISE PROPERTY MANAGE EP22-0064 07/21/2022 REFUND DEPOSIT EP22-0064-23 046-0000-4673 $ 326.00 MARQUISE PROPERTY MANAGE EP22-0064 07/21/2022 REFUND DEPOSIT EP22-0064-23 046-0000-4673 $ 520.00 MARQUISE PROPERTY MANAGE EP22-0064 07/21/2022 REFUND DEPOSIT EP22-0064-23 046-0000-4673 $ 400.00 Vendor MARQUISE01 - MARQUISE PROPERTY MANAGEMENT, INC. Total: $ 3,246.00 Vendor: HOVEY95123 - MARSHA HOVEY, LLC
MARSHA HOVEY, LLC LAH-113 06/30/2022 EMERGENCY MANAGEMENT SV 011-1200-6199 $ 1,400.00 Vendor HOVEY95123 - MARSHA HOVEY, LLC Total: $ 1,400.00 Vendor: MENDOZA - MENDOZA, ARTHUR
MENDOZA, ARTHUR 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 3,689.28 Vendor MENDOZA - MENDOZA, ARTHUR Total: $ 3,689.28
Vendor: MERIDIAN94303 - MERIDIAN I.D.
MERIDIAN I.D. 3507 07/07/2022 LAH STAFF SHIRTS 061-1480-6398 $ 1,338.41 Vendor MERIDIAN94303 - MERIDIAN I.D. Total: $ 1,338.41
Vendor: MEHTA02 - METHA, SONAL
METHA, SONAL BLD20-0455 06/30/2022 REFUND DEPOSIT 27693 VOGUE 011-0000-2303 $ 675.00 Vendor MEHTA02 - METHA, SONAL Total: $ 675.00
Vendor: METRO94002 - METRO MOBILE COMMUNICATIONS INC.
METRO MOBILE COMMUNICAT 220735 07/07/2022 METRONET VHF REPEATER SRVC 061-4300-6362 $ 160.00 Vendor METRO94002 - METRO MOBILE COMMUNICATIONS INC. Total: $ 160.00 Vendor: METLIFE64180 - METROPOLITAN LIFE INSURANCE COMPANY METROPOLITAN LIFE INSURANC TS05957300-AUG22 07/21/2022 TS05957300-AUG22 DENTAL 061-0000-2233 $ 5,611.38 Vendor METLIFE64180 - METROPOLITAN LIFE INSURANCE COMPANY Total: $ 5,611.38 Vendor: MEYERS94607 - MEYERS NAVE, A PROFESSIONAL CORPORATION MEYERS NAVE, A PROFESSIONA 194239 06/30/2022 CITY ATTORNEY SVCS MAY 2022011-1500-6201 $ 12,950.00 MEYERS NAVE, A PROFESSIONA 194249 06/30/2022 LIVEBARGER FORREST V LAH MA 011-1500-6112 $ 6,456.04 Vendor MEYERS94607 - MEYERS NAVE, A PROFESSIONAL CORPORATION Total: $ 19,406.04 Vendor: LANG91361 - MICHAEL LANG DESIGN
MICHAEL LANG DESIGN 4763 06/30/2022 DESIGN COMMUNITY NEEDS MA041-6900-6199 $ 600.00 Vendor LANG91361 - MICHAEL LANG DESIGN Total: $ 600.00
Vendor: MILGRAM01 - MILGRAM, DAVID
MILGRAM, DAVID 06.28.22 06/30/2022 REIMB. FOR PUBLIC ART SIGNAG 011-1700-6361 $ 69.07 Vendor MILGRAM01 - MILGRAM, DAVID Total: $ 69.07
Vendor: MILLER05 - MILLER, TIFFANY
MILLER, TIFFANY 001-02 06/30/2022 PURISSIMA PARK SNACK SHACK 041-6900-6199 $ 440.00 MILLER, TIFFANY 002-01 06/30/2022 TOWNHALL PAINT & CARPET,RE 041-6900-6209 $ 4,983.96 Vendor MILLER05 - MILLER, TIFFANY Total: $ 5,423.96
Vendor: MOORE04 - MOORE IACOFANO GOLTSMAN, INC.
MOORE IACOFANO GOLTSMAN 0075704 06/30/2022 LAH COMMUNITY NEEDS ASSES 041-6900-6199 $ 7,812.25 Vendor MOORE04 - MOORE IACOFANO GOLTSMAN, INC. Total: $ 7,812.25 Vendor: MOUSAVI01 - MOUSAVI, NADER
MOUSAVI, NADER ER22-0001 06/30/2022 REFUND DEPOSIT 26070 NEWBR 011-0000-2301 $ 378.27 7/26/2022 2:06:45 PM Page 7 of 14
Amount
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Vendor Name Payable Number Post Date Description (Item) Account Number MOUSAVI, NADER SD21-0043 06/30/2022 REFUND DEPOSIT 26070 NEWBR 011-0000-2301 $ 3,154.00 Vendor MOUSAVI01 - MOUSAVI, NADER Total: $ 3,532.27
Vendor: MRG94526 - MUNICIPAL RESOURCE GROUP, LLC
MUNICIPAL RESOURCE GROUP, 03-22-354 06/30/2022 LAH STANDING COMMITTE PRO011-1700-6209 $ 1,856.25 Vendor MRG94526 - MUNICIPAL RESOURCE GROUP, LLC Total: $ 1,856.25 Vendor: NBS92592 - NBS GOVERNMENT FINANCE GROUP
NBS GOVERNMENT FINANCE G 202206-1184-2 07/21/2022 QTRLY DISTRICT ADMIN FEES JU 031-0100-6203 $ 1,016.00 Vendor NBS92592 - NBS GOVERNMENT FINANCE GROUP Total: $ 1,016.00 Vendor: ORTLAND - ORTLAND, VICTORIA
ORTLAND, VICTORIA 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 4,192.26 Vendor ORTLAND - ORTLAND, VICTORIA Total: $ 4,192.26
Vendor: PACIFIC04 - PACIFIC PREPAREDNESS LLC
PACIFIC PREPAREDNESS LLC LAH2206 07/21/2022 EMERGENCY MGMT & PLANNIN 021-6100-6199 $ 7,175.00 Vendor PACIFIC04 - PACIFIC PREPAREDNESS LLC Total: $ 7,175.00 Vendor: PETERSON03 - PETERSON, ROBERT
PETERSON, ROBERT SD19-0026 07/21/2022 REFUND DEPOSIT 14846 MANU 011-0000-2301 $ 1,978.50 Vendor PETERSON03 - PETERSON, ROBERT Total: $ 1,978.50
Vendor: PETTY03 - PETTY CASH
PETTY CASH 3.14-6.08.22 06/30/2022 PETTY CASH REIMB 3.14-6.08.22011-1300-6209 $ 84.50 PETTY CASH 3.14-6.08.22 06/30/2022 PETTY CASH REIMB 3.14-6.08.22011-1300-6307 $ 60.00 PETTY CASH 3.14-6.08.22 06/30/2022 PETTY CASH REIMB 3.14-6.08.22011-1400-6398 $ 10.64 PETTY CASH 3.14-6.08.22 06/30/2022 PETTY CASH REIMB 3.14-6.08.22011-4120-6361 $ 38.10 PETTY CASH 3.14-6.08.22 06/30/2022 PETTY CASH REIMB 3.14-6.08.22061-1480-6308 $ 20.00 PETTY CASH 3.14-6.08.22 06/30/2022 PETTY CASH REIMB 3.14-6.08.22061-1480-6332 $ 476.00 Vendor PETTY03 - PETTY CASH Total: $ 689.24
Vendor: PITNEY15250 - PITNEY BOWES INC
PITNEY BOWES INC 1328-7.13.22 07/21/2022 ACT# 8000-9000-1096-1328-7.13 061-1480-6303 $ 200.00 Vendor PITNEY15250 - PITNEY BOWES INC Total: $ 200.00
Vendor: PLANJPA - POOLED LIABILITY ASSURANCE NETWORK JPA POOLED LIABILITY ASSURANCE PLAN-2023-0029 07/07/2022 PROPERTY MEMBER CONT. FY 2 011-1510-6305 $ 42,230.00 POOLED LIABILITY ASSURANCE PLAN-2023-0029 07/07/2022 GENERAL LIABILITY MEMBER CO 011-1510-6305 $ 208,821.00 Vendor PLANJPA - POOLED LIABILITY ASSURANCE NETWORK JPA Total: $ 251,051.00 Vendor: PROTECTION64121 - PROTECTION ONE ALARM MONITORING INC PROTECTION ONE ALARM MON 146080215 07/07/2022 24 HR ALARM MONITORING TOW 061-1480-6118 $ 142.84 Vendor PROTECTION64121 - PROTECTION ONE ALARM MONITORING INC Total: $ 142.84 Vendor: V0980 - PURISSIMA HILLS WATER
PURISSIMA HILLS WATER JULY 2022-2493 07/07/2022 Stonebrook Ave @ El Monte - 7/ 061-4300-6364 $ 129.65 PURISSIMA HILLS WATER JULY 2022-2496 07/07/2022 26379 Fremont Road - LAH - 7/0 061-1480-6364 $ 672.74 PURISSIMA HILLS WATER JULY 2022-2497 07/07/2022 26379 Fremont Road - Irrigation 061-1480-6364 $ 167.54 PURISSIMA HILLS WATER JULY 2022-2498 07/07/2022 26379 Fremont Road - Heritage 061-1480-6364 $ 206.17 PURISSIMA HILLS WATER JULY 2022-2500 07/07/2022 Little League Field -7/01-8/1/22 011-5100-6364 $ 3,948.06 PURISSIMA HILLS WATER JULY 2022-2501 07/07/2022 27400 Purissima Road - Corp Yar 061-4300-6364 $ 57.44 PURISSIMA HILLS WATER JULY 2022-3112 07/07/2022 Elena & Purissima Sewer Lift Sta051-4800-6364 $ 44.81 PURISSIMA HILLS WATER JULY 2022-3760 07/07/2022 26379 Fremont Road-Recreation 061-1480-6364 $ 44.81 PURISSIMA HILLS WATER JULY 2022-4523 07/07/2022 Fremont Road pathway irrigatio 011-4740-6364 $ 41.98 PURISSIMA HILLS WATER JULY 2022-4643 07/07/2022 Arastradero C2 Pathway Irrigatio 011-4740-6364 $ 32.18 Vendor V0980 - PURISSIMA HILLS WATER Total: $ 5,345.38
Vendor: RAGSDALE - RAGSDALE, SARAH
RAGSDALE, SARAH 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 921.18 Vendor RAGSDALE - RAGSDALE, SARAH Total: $ 921.18
Vendor: REED03 - REED & GRAHAM INC.
REED & GRAHAM INC. 031703 06/30/2022 STRAW WATTLE,BIODEG BURLA 042-6900-6399 $ 1,181.25 Vendor REED03 - REED & GRAHAM INC. Total: $ 1,181.25
Vendor: REICHENTAL01 - REICHENTAL, JONATHAN
REICHENTAL, JONATHAN 1224 07/21/2022 TOWN OF LAH-3 YR IT STRATEGY 061-1480-6209 $ 5,000.00 Vendor REICHENTAL01 - REICHENTAL, JONATHAN Total: $ 5,000.00 7/26/2022 2:06:45 PM Page 8 of 14
Amount
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Vendor Name Payable Number Post Date Description (Item) Account Number Vendor: RIPPEY - RIPPEY, MICHAEL
RIPPEY, MICHAEL 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 3,428.28 Vendor RIPPEY - RIPPEY, MICHAEL Total: $ 3,428.28
Vendor: ROBUSTELLI94022 - ROBUSTELLI, SARAH GUALTIERI
ROBUSTELLI, SARAH GUALTIERIFALL 2021 06/30/2022 TUITION REIMB MPA 2021 FALL 011-1000-6309 $ 1,500.00 Vendor ROBUSTELLI94022 - ROBUSTELLI, SARAH GUALTIERI Total: $ 1,500.00 Vendor: SCCSHERIFF - SANTA CLARA COUNTY SHERIFF'S DEPT
SANTA CLARA COUNTY SHERIFF 1800081783 06/30/2022 EXTRA SWING SHIFT PATROL 4.2021-6100-6111 $ 21,808.85 Vendor SCCSHERIFF - SANTA CLARA COUNTY SHERIFF'S DEPT Total: $ 21,808.85 Vendor: SHARP_JPA - SHARED AGENCY RISK POOL
SHARED AGENCY RISK POOL SHARP-2023-002 07/07/2022 WORKER'S COMPENSATION ME 061-1470-6029 $ 20,070.50 Vendor SHARP_JPA - SHARED AGENCY RISK POOL Total: $ 20,070.50 Vendor: SILVERDALE01 - SILVERDALE LLC
SILVERDALE LLC BLD19-0186-ELEC-2 07/21/2022 REFUND DEPOSIT BLD19-0186-E 011-0000-2303 $ 40,000.00 SILVERDALE LLC BLD19-0186-GAS-2 07/21/2022 REFUND DEPOSIT BLD19-0186-G 011-0000-2303 $ 20,000.00 Vendor SILVERDALE01 - SILVERDALE LLC Total: $ 60,000.00 Vendor: SMITH - SMITH, LANI
SMITH, LANI 7/1-12/31/22 07/07/2022 7/1-12/31/22 RETIREE MEDICAL 061-1470-6032 $ 921.18 Vendor SMITH - SMITH, LANI Total: $ 921.18
Vendor: STAPLES30348 - STAPLES BUSINESS CREDIT
STAPLES BUSINESS CREDIT 7357838968-0-1 06/30/2022 FILTER-KITCHEN SUPPLIES 061-1480-6398 $ 29.45 STAPLES BUSINESS CREDIT 7357598560-0-1 06/30/2022 AP CHECKS 011-1400-6398 $ 75.27 STAPLES BUSINESS CREDIT 7357838968-0-2 06/30/2022 INK-GREY, PEN-TOWN CENTER S061-1480-6301 $ 130.26 STAPLES BUSINESS CREDIT 7358182688-0-1 06/30/2022 INK-YELLOW-TOWN CENTER 061-1480-6301 $ 93.20 STAPLES BUSINESS CREDIT 7358183294-0-1 06/30/2022 INK MAGE-TOWN CENTER SUPP061-1480-6301 $ 93.20 STAPLES BUSINESS CREDIT 7358184241-0-1 06/30/2022 HP INK-CYAN-TOWN CENTER 061-1480-6301 $ 93.20 STAPLES BUSINESS CREDIT 7358411396-0-1 06/30/2022 PAPER SUPPLIES-TOWN CENTER061-1480-6301 $ 248.20 STAPLES BUSINESS CREDIT 7358871400-0-1 06/30/2022 AP CHECKS-FINANCE 011-1400-6398 $ 188.19 STAPLES BUSINESS CREDIT 7359346330-0-1 06/30/2022 TEAS, PLATES-KITCHEN SUPPLIE 061-1480-6398 $ 70.04 Vendor STAPLES30348 - STAPLES BUSINESS CREDIT Total: $ 1,021.01 Vendor: SWAN02 - SWAN, LINDA
SWAN, LINDA 06.29.22 06/30/2022 REIMB AIRFARE-LEAGUE CONFE 011-1100-6308 $ 137.97 Vendor SWAN02 - SWAN, LINDA Total: $ 137.97
Vendor: TYLER75320 - TYLER TECHNOLOGIES, INC
TYLER TECHNOLOGIES, INC 025-379684 07/07/2022 INCODE 10 MAINT-7.1.22-6.30.2061-1480-6208 $ 46,341.38 Vendor TYLER75320 - TYLER TECHNOLOGIES, INC Total: $ 46,341.38 Vendor: SUN64180 - UNION SECURITY INSURANCE COMPANY
UNION SECURITY INSURANCE C925773-0001-8.22 07/21/2022 EMPLOYEE LIFE AUG 22 061-0000-2225 $ 876.06 UNION SECURITY INSURANCE C925773-0001-8.22 07/21/2022 EMPLOYEE AD&D AUG 22 061-0000-2225 $ 113.04 UNION SECURITY INSURANCE C925773-0001-8.22 07/21/2022 LTD BENEFIT AUG 22 061-0000-2226 $ 1,318.68 Vendor SUN64180 - UNION SECURITY INSURANCE COMPANY Total: $ 2,307.78 Vendor: CRAFTSMEN95119 - UNITED CRAFTSMEN INC
UNITED CRAFTSMEN INC 11829 07/21/2022 BUSINESS CARDS A. HEPENSTAL 011-1200-6304 $ 65.48 UNITED CRAFTSMEN INC 11829 07/21/2022 BUSINESS CARDS A. HEPENSTAL 011-1300-6304 $ 65.48 Vendor CRAFTSMEN95119 - UNITED CRAFTSMEN INC Total: $ 130.96 Vendor: USBANK63179 - US BANK EQUIPMENT FINANCE
US BANK EQUIPMENT FINANCE476157912 07/21/2022 SHARP CONTRACT # 500-060913 061-1480-6402 $ 724.26 Vendor USBANK63179 - US BANK EQUIPMENT FINANCE Total: $ 724.26 Vendor: VERIZON75266 - VERIZON WIRELESS
VERIZON WIRELESS 9909533129 07/07/2022 ACT# 47250632-0001 PERIOD 6. 011-1000-6362 $ 58.64 VERIZON WIRELESS 9909533129 07/07/2022 ACT# 47250632-0001 PERIOD 6. 011-1200-6362 $ 58.64 VERIZON WIRELESS 9909533129 07/07/2022 ACT# 47250632-0001 PERIOD 6. 011-1300-6362 $ 58.64 VERIZON WIRELESS 9909533129 07/07/2022 ACT# 47250632-0001 PERIOD 6. 011-1400-6362 $ 58.64 VERIZON WIRELESS 9909533129 07/07/2022 ACT# 47250632-0001 PERIOD 6. 011-3100-6362 $ 78.65 VERIZON WIRELESS 9909533129 07/07/2022 ACT# 47250632-0001 PERIOD 6. 011-3200-6362 $ 98.65 VERIZON WIRELESS 9909533129 07/07/2022 ACT# 47250632-0001 PERIOD 6. 011-3300-6362 $ 201.09 7/26/2022 2:06:45 PM Page 9 of 14
Amount
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Vendor Name Payable Number Post Date Description (Item) Account Number VERIZON WIRELESS 9909533129 07/07/2022 ACT# 47250632-0001 PERIOD 6. 061-1480-6362 $ 40.01 VERIZON WIRELESS 9909533129 07/07/2022 ACT# 47250632-0001 PERIOD 6. 061-4300-6362 $ 146.77 Vendor VERIZON75266 - VERIZON WIRELESS Total: $ 799.73
Vendor: VDE94041 - VICTORIA DYE EQUESTRIAN, LLC
VICTORIA DYE EQUESTRIAN, LLC6.20-6.24.22 06/30/2022 SUMMER RIDING CAMP WEEK # 011-5300-6111 $ 8,062.50 VICTORIA DYE EQUESTRIAN, LLCJULY 2022 07/07/2022 JULY 2022 MANAGEMENT FEE 011-5300-6199 $ 3,300.00 VICTORIA DYE EQUESTRIAN, LLC6.27-7.1.22 07/21/2022 SUMMER RIDING CAMP WEEK#4 011-5300-6111 $ 8,100.00 Vendor VDE94041 - VICTORIA DYE EQUESTRIAN, LLC Total: $ 19,462.50 Vendor: VSP94145 - VISION SERVICE PLAN INSURANCE CO
VISION SERVICE PLAN INSURAN 815663728 07/21/2022 VISION AUG. 2028 061-0000-2233 $ 582.62 VISION SERVICE PLAN INSURAN 815663730 07/21/2022 VISION AUG 22 COBRA 061-0000-2233 $ 47.96 Vendor VSP94145 - VISION SERVICE PLAN INSURANCE CO Total: $ 630.58 Vendor: WESTBAY94025 - WEST BAY SANITARY DISTRICT
WEST BAY SANITARY DISTRICT 2021/22-088 06/30/2022 MAINTENANCE SVCS MAY 2022 051-4800-6140 $ 38,783.33 WEST BAY SANITARY DISTRICT 2021/22-089 06/30/2022 MAINTENANCE SVC AGREEMEN 051-4800-6140 $ 53,069.02 Vendor WESTBAY94025 - WEST BAY SANITARY DISTRICT Total: $ 91,852.35 Vendor: WESTCOAST01 - WEST COAST CODE CONSULTANTS INC.
WEST COAST CODE CONSULTAN 222-06-LAH-03 06/30/2022 PERMIT TECH SVCS JUN 22 011-3200-6199 $ 2,540.40 Vendor WESTCOAST01 - WEST COAST CODE CONSULTANTS INC. Total: $ 2,540.40 Vendor: WU09 - WU, STEVEN
WU, STEVEN SD21-0015 07/21/2022 REFUND DEPOSIT SD21-0015 24 011-0000-2301 $ 739.12 WU, STEVEN SD21-0015 07/21/2022 REFUND DEPOSIT SR21-0048 24 011-0000-2301 $ (28.00) Vendor WU09 - WU, STEVEN Total: $ 711.12
Vendor: ZHENG01 - ZHENG, HAO
ZHENG, HAO SD21-0030 07/21/2022 REFUND DEPOSIT SR21-0039 12 011-0000-2301 $ (328.00) ZHENG, HAO SD21-0030 07/21/2022 REFUND DEPOSIT SD21-0030 12 011-0000-2301 $ 2,527.00 Vendor ZHENG01 - ZHENG, HAO Total: $ 2,199.00
Grand Total: $ 1,272,917.31
7/26/2022 2:06:45 PM Page 10 of 14
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Report Summary
Fund Summary
Fund Payment Amount
011 - GENERAL FUND $ 624,888.25
021 - COPS FUND $ 29,524.86
031 - SEWER ASSESSMENT DISTRICT $ 1,016.00
041 - GENERAL CIP FUND $ 42,697.36
042 - PATHWAYS CIP $ 2,657.13
045 - DRAINAGE CIP $ 910.50
046 - STREET CIP $ 231,233.58
048 - SEWER FUND CIP $ 13,530.85
051 - SEWER FUND $ 92,346.38
061 - GENERAL SERVICE FUND $ 234,112.40
Grand Total: $ 1,272,917.31
Account Summary
Account Number Account Name Payment Amount
011-0000-1110 Receivable - Miscella $ 4,614.21
011-0000-2002 Strong Motion Impl P $ 1,414.07
011-0000-2004 SB 1473 - Fee Payable $ 513.00
011-0000-2301 Planning Deposits $ 16,814.91
011-0000-2303 Bond Deposits $ 61,675.00
011-0000-4685 Administrative Charg $ (318.04)
011-1000-6309 Instruction & Trainin $ 1,500.00
011-1000-6362 Telephone $ 58.64
011-1000-6398 Other General Expen $ 103.63
011-1100-6302 City Membership $ 842.50
011-1100-6308 Travel & Meetings $ 137.97
011-1100-6398 Other General Expen $ 585.00
011-1200-6199 Other Contract Servic $ 24,900.00
011-1200-6302 City Membership $ 9,369.00
011-1200-6303 Postage $ 34.42
011-1200-6304 Printing & Copying $ 65.48
011-1200-6362 Telephone $ 58.64
011-1300-6207 Advertising/Publishin $ 312.50
011-1300-6209 Other Program & Pro $ 4,884.50
011-1300-6304 Printing & Copying $ 65.48
011-1300-6307 Mileage Reimbursem $ 60.00
011-1300-6352 Election Expense $ 4,573.75
011-1300-6362 Telephone $ 58.64
011-1300-6398 Other General Expen $ 97.96
011-1400-6207 Advertising/Publishin $ 300.00
011-1400-6301 Office Supplies $ 296.93
011-1400-6302 City Membership $ 4,230.00
011-1400-6362 Telephone $ 58.64
011-1400-6398 Other General Expen $ 274.10
011-1500-6112 Legal - Special Projec $ 6,456.04
011-1500-6201 Legal - City Attorney $ 12,950.00
011-1510-6305 Insurance $ 251,051.00
011-1600-6340 Grants & Subsidies $ 85,000.00
011-1700-6207 Advertising/Publishin $ 7,463.20
011-1700-6209 Other Program & Pro $ 1,856.25
011-1700-6361 Special Events & Awa $ 371.51
011-3100-4707 Contract Geologist C $ (1,962.39)
011-3100-6178 Geologist Charges - B $ 1,962.39
011-3100-6301 Office Supplies $ 43.62
011-3100-6362 Telephone $ 78.65
011-3100-6398 Other General Expen $ 63.58
011-3110-6207 Advertising/Publishin $ 600.00
011-3110-6398 Other General Expen $ 3,929.31
7/26/2022 2:06:45 PM Page 11 of 14
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Account Summary
Account Number Account Name Payment Amount
011-3120-6111 Contract Personnel $ 12,870.00
011-3200-4305 BLDG MEP PERMITS $ 326.88
011-3200-6111 Contract Personnel $ 901.00
011-3200-6114 Contract Plan Checks $ 42,082.46
011-3200-6199 Other Contract Servic $ 26,849.29
011-3200-6362 Telephone $ 98.65
011-3200-6398 Other General Expen $ 105.67
011-3300-6362 Telephone $ 201.09
011-4120-6361 Special Events & Awa $ 888.96
011-4600-6145 Traffic Signal Mainte $ 551.25
011-4740-6125 Pathways Maintenan $ 5,500.00
011-4740-6364 Water $ 74.16
011-5100-6118 Facility Maint & Secu $ 31.09
011-5100-6122 Lawncare/Landscapin $ 800.51
011-5100-6123 Housekeeping $ 395.00
011-5100-6130 Pest Control $ 325.00
011-5100-6364 Water $ 4,032.47
011-5300-6111 Contract Personnel $ 16,162.50
011-5300-6122 Lawncare/Landscapin $ 1,500.00
011-5300-6123 Housekeeping $ 405.00
011-5300-6199 Other Contract Servic $ 3,300.00
011-5300-6362 Telephone $ 43.18
021-6100-6111 Contract Personnel $ 21,808.85
021-6100-6199 Other Contract Servic $ 7,175.00
021-6100-6362 Telephone $ 384.49
021-6100-6399 Other Supplies/Mate $ 156.52
031-0100-6203 Audit & Financial $ 1,016.00
041-6900-6122 Lawncare/Landscapin $ 24,609.11
041-6900-6199 Other Contract Servic $ 10,382.25
041-6900-6206 Engineering Consulta $ 2,722.04
041-6900-6209 Other Program & Pro $ 4,983.96
042-6900-6126 Pathway Constructio $ 940.23
042-6900-6399 Other Supplies/Mate $ 1,716.90
045-6900-6206 Engineering Consulta $ 910.50
046-0000-4673 Streets Encroachmen $ 1,572.00
046-6900-6206 Engineering Consulta $ 229,661.58
048-6900-6398 Other General Expen $ 13,530.85
051-4800-6140 Sewer Maintenance W $ 91,852.35
051-4800-6206 Engineering Consulta $ 382.50
051-4800-6362 Telephone $ 66.72
051-4800-6364 Water $ 44.81
061-0000-2204 Deferred Comp Paya $ 29,802.60
061-0000-2225 Life Insurance Payab $ 989.10
061-0000-2226 Long Term Disability $ 1,318.68
061-0000-2233 Dental & Vision Insur $ 6,241.96
061-1470-6029 Workers Comp Insur $ 20,070.50
061-1470-6032 Health Insurance - Re $ 50,974.74
061-1480-6111 Contract Personnel $ 12,927.00
061-1480-6118 Facility Maint & Secu $ 353.89
061-1480-6122 Lawncare/Landscapin $ 1,860.00
061-1480-6123 Housekeeping $ 4,236.65
061-1480-6208 Programming & Com $ 51,563.08
061-1480-6209 Other Program & Pro $ 5,000.00
061-1480-6210 Website Program/Ma $ 9,168.39
061-1480-6301 Office Supplies $ 713.23
061-1480-6303 Postage $ 200.00
061-1480-6308 Travel & Meetings $ 20.00
061-1480-6332 Town Recruitment $ 476.00
7/26/2022 2:06:45 PM Page 12 of 14
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Account Summary
Account Number Account Name Payment Amount
061-1480-6362 Telephone $ 2,343.64
061-1480-6364 Water $ 1,091.26
061-1480-6398 Other General Expen $ 3,043.44
061-1480-6402 Office Mach & Furnit $ 724.26
061-1480-6502 Non-Capital Office M $ 23,908.45
061-4300-6117 Equipment Maint & R $ 3,425.05
061-4300-6118 Facility Maint & Secu $ 233.72
061-4300-6122 Lawncare/Landscapin $ 100.76
061-4300-6324 Uniforms $ 611.51
061-4300-6362 Telephone $ 351.08
061-4300-6364 Water $ 187.09
061-4300-6398 Other General Expen $ 1,260.46
061-4300-6399 Other Supplies/Mate $ 340.25
061-4400-6342 Gas and Oil $ 575.61
Grand Total: $ 1,272,917.31
Project Account Summary
Project Account Key Payment Amount
**None** $ 894,428.16
111711 $ 6,000.00
111720 $ 57.71
111730 $ 57.71
111740 $ 57.71
111745 $ 57.71
111751 $ 886.08
111784 $ 57.71
111790 $ 57.71
111791 $ 2,216.40
111798 $ 57.71
111799 $ 57.71
111802 $ 57.73
410213 $ 14,926.21
410215 $ 440.00
410216 $ 2,722.04
427906 $ 2,657.13
467209 $ 910.50
467227 $ 229,661.58
487918-22 $ 13,530.85
BLD19-0186-ELEC $ 40,000.00
BLD19-0186-GAS $ 20,000.00
BLD20-0455-FD $ 675.00
EP22-0017 $ 406.00
EP22-0064 $ 1,000.00
EP22-0064-PB $ 1,000.00
ER22-0001 $ 378.27
MA20-0001 $ 964.50
R4120-20 $ 825.60
R4120-3 $ 94.33
SD19-0026 $ 1,978.50
SD19-0055 $ 2,768.00
7/26/2022 2:06:45 PM Page 13 of 14
SD19-0089 $ 733.63
SD20-0002 $ 575.26
SD21-0015 $ 739.12
SD21-0030 $ 2,527.00
SD21-0043 $ 3,154.00
SD22-0036 $ 2,158.63
SR21-0037 $ (212.00)
SR21-0039 $ (328.00)
Expense Approval Report Payment Dates: 7/1/2022 - 7/31/2022 Project Account Summary
Project Account Key Payment Amount
SR21-0048 $ (28.00)
TR4169 $ 24,609.11
Grand Total: $ 1,272,917.31
7/26/2022 2:06:45 PM Page 14 of 14
TOWN OF LOS ALTOS HILLS August 18, 2022
Staff Report to the City Council
SUBJECT: MOTION TO RE-AUTHORIZE REMOTE TELECONFERENCE
MEETINGS OF THE LEGISLATIVE BODIES OF THE TOWN OF LOS
ALTOS HILLS, INCLUDING ALL ASSOCIATED COMMITTEES,
DUE TO THE IMMINENT RISKS TO THE HEALTH AND SAFETY
OF ATTENDEES AND MAKING RELATED FINDINGS PURSUANT
TO AB 361
FROM: Steve Mattas, City Attorney
RECOMMENDATION:
It is recommended that the City Council of the Town of Los Altos Hills (“Council”), on behalf of itself and Town Committees make a motion, pursuant to the authority set forth in AB 361 (Government Code Section 54953[e][1]), to re-authorize remote teleconference meetings of all legislative bodies of the Council, including all associated agencies, authorities, and committees, and make related findings pursuant to AB 361.
BACKGROUND:
On September 16, 2021, the Council approved a motion to continue conducting all legislative body meetings through teleconference and made required findings pursuant to AB 361 [Government Code Section 54953(e)(1)]. On October 21, 2021, the Council approved a resolution to continue conducting Council meetings, and all associated committee meetings, remotely due to an ongoing state of emergency and imminent risks to the health or safety of attendees if the meetings are held in person. The Council made findings that the requisite conditions exist for the legislative bodies of the Commission to conduct remote teleconference meetings without compliance with paragraph (3) of subdivision (b) of section 54953.
Pursuant to Government Code Section 54953(e)(3), in order for all legislative bodies to continue meeting remotely, the Board must declare every 30 days that:
1. The legislative body has reconsidered the circumstances of the state of emergency; and
2. Either the state of emergency continues to directly impact the ability of the members to meet safely in person, or State or local officials continue to impose or recommend measures to promote social distancing.
Emergency conditions persist in Santa Clara County and throughout the state. The Governor’s State of Emergency, declared on March 4, 2020, is ongoing. The local proclamation of emergency, made by the Santa Clara County Board of Supervisors on February 10, 2020 ratifying the Santa Clara County Health Officer’s declaration of a AGENDA ITEM #4.E
Staff Report to City Council Page 2
Motion to Re-Authorize Remote Teleconference Meetings (AB 361) August 18, 2022
local health emergency due to COVID-19, continues to exist until its termination is proclaimed by the Santa Clara County Board of Supervisors. On March 19, 2020, the Council proclaimed a local emergency due to the COVID-19 pandemic and has continued to confirm the existence of a local emergency.
Due to the continued threat of COVID-19, the Council continues to implement multiple layers of protection against COVID-19, including physical distancing, for the safety of employees and members of the public. The Centers for Disease Control and Prevention (“CDC”) continues to recommend physical distancing of at least six (6) feet from others outside of the household. Because of the rise in cases due to the Delta variant of COVID19, the Council is concerned about the health and safety of all individuals who intend to attend meetings of the Town’s legislative bodies, including City Council and advisory body and committee meetings. The ongoing state of emergency related to COVID-19, as declared by the Governor, the County Board of Supervisors, and Council, continues to directly impact the ability of members of the legislative bodies of the Council to meet safely in person, due to imminent risks to the health and safety of attendees if the meetings are held in person.
DISCUSSION:
It is recommended that the Council, on behalf of itself and its committees, make a motion, pursuant to the authority set forth in AB 361 (Government Code Section 54953[e][1]), to re-authorize remote teleconference meetings of all legislative bodies of the Council, including all associated advisory bodies, agencies, authorities, and committees, due to the ongoing state of emergency and imminent risks to the health and safety of attendees if the meetings are held in person.
FISCAL IMPACT:
There is no additional fiscal impact to continue remote teleconference meetings.
MEMORANDUM
DATE: August 18, 2022
TO: Honorable Mayor and Members of the Council
FROM: Los Altos Hills History Committee
RE: Request by the History Committee for a Fall Presentation The Los Altos Hills History Committee requests approval to hold the Committee’s Fall Annual Presentation the “Tales of Former Mayors” on either September 25, October 16, or October 23 depending on the availability of the participants. The presentation may be virtual, in-person in the Council Chambers, or hybrid again depending on the location of the participants and the health concerns restrictions at the time of the presentation.
We also request permission to publicize the presentation through the various venues-social media, newsprint, and the Town Website, as well as distribute a few flyers.
AGENDA ITEM #4.F
TOWN OF LOS ALTOS HILLS August 18, 2022
Staff Report to the City Council
SUBJECT: RECEIVE QUARTERLY INVESTMENT PORTFOLIO REPORT – QUARTER ENDING JUNE 30, 2022
FROM: Sarina Revillar, Administrative Services Director APPROVED: Peter Pirnejad, City Manager
RECOMMENDATION: That the City Council:
Receive Quarterly Investment Portfolio Report – Quarter Ending June 30, 2022 BACKGROUND:
These quarterly reports are presented to both the City Council and the Finance and Investment Committee to keep both bodies apprised as to the status of the City’s investment holding and demonstrate compliance with the City’s Investment Policy. A review of the Investment Portfolio Report Quarter Ended June 30, 2022, was presented and discussed with the Finance and Investment Committee on August 8, 2022 (Attachment 1)
DISCUSSION:
The summary provided below presentsthe sum total of all City investment holdings. The City’s portfolio book value, excluding operating cash and bond holdings as of June 30, 2022 was $30,103,712.
As of June 30, 2022, 6.7% of the City’s portfolio was placed in Federal Agency Securities (Fannie Mae, Federal Home Loan Bank, Federal Home Loan Mortgage and Federal Farm Credit), 43.4% in US Treasuries, 13.9% in Corporate Notes, 5.2% in Municipal Bonds,
0.4% in Certificate of Deposits, 1.7% in Supra-National Agency Bond with the balance of 28.2% in LAIF. This portfolio mix chart is illustrated as part of Attachment 2.
Full compliance with the City’s Investment Policy is monitored closely and on a per trade basis as illustrated in Attachment 3. In accordance with California Government Code 53646(b)(3), the Town of Los Altos Hills has the ability to meet its pool expenditure requirements for the next six months.
As part of these quarterly updates, a status report is prepared by PFM which is included as Attachment 4: Investment Performance Review for the Quarter Ended June 30, 2022.
It is important to note that this report highlights the performance of Town’s investments that fall outside its liquid holdings with LAIF. This has been intentionally crafted to AGENDA ITEM #4.G
S.R.
P.P.
Staff Report Page 2
Quarterly Investment Quarter Ending June 30, 2022
August 18, 2022
isolate the performance of the Town’s independently managed investments. The total rate of the portfolio lesser of 10 years or since inception is 0.83%, which is highlighted on page 24, of the PFM Investment Performance Review Report (Attachment 4). 2022 CITY COUNCIL STRATEGIC PRIORITIES:
This report was not specifically identified as one of the Council’s priorities for 2022, but it is a form of financial transparency.
ENVIRONMENTAL REVIEW:
The proposed project is exempt from California Environmental Quality Act (CEQA) pursuant to Sections 15061(b)(3) of the CEQA Guidelines.
FISCAL IMPACT:
There is no fiscal impact in accepting this report.
ATTACHMENTS
1. Agenda from Finance and Investment Committee Meeting of August 8, 2022
2. Portfolio Mix Charts
3. Investment Policy Compliance Chart
4. Investment Performance Review Quarter Ended June 30, 2022 Prepared by: Miranda Shum
Finance and Investment Committee Special Meeting Agenda Date: Monday, August 8, 2022, at 4:00 p.m.
Location: by Zoom Video Conference
TELECONFERENCE SPECIAL NOTICE
Pursuant to Government Code Section 54953(e)
NOTICE OF TELECONFERENCED MEETING
On September 16, 2021, Governor Newsom signed Assembly Bill 361 (2021), which amended Section 54593 of the Government Code to allow local legislative bodies to continue to conduct meetings by teleconference under specified conditions and pursuant to special rules on notice, attendance, and other matters. As the City Council for the Town of Los Altos Hills has made the findings required by Government Code Section 54953, the Council, the Planning Commission and Committees will continue to conduct meetings by teleconference and the Council Chambers will not be open to the public for this City Council meeting.
Pursuant to the requirements of Government Code Section 54953(e), members of the public will be provided with notice of how they may access the meeting and offer public comment. Members of the Public may participate and provide public comments to teleconference meetings as follows below Members of the Public may participate and provide public comments to teleconference meetings as follows:
Join Zoom Meeting:
https://us02web.zoom.us/j/86119258781?pwd=UHJUU3ZDu1hNmhSRjN2dFJjU3dYUT09 Meeting ID 861 1926 8781
Passcode 123
1. Roll call of Committee Members: 4:01-4:05
2. Presentations from the Floor
3. Approval of Draft Minutes July 11, 2022, 4:05-4:10
4. Quarterly Investment Report for Quarter Ending June 30, 2022 by Olawale Kajopaiye (PFM) (Quarterly Investment Report) 4:10 – 4:30
5. Report on License and Permit Update 4:30- 5:00 – Dan Edds
6. Report on Engineering matters, Open questions on sewers records, West Bay contract, other questions– 5:00 – 5:20 - Oscar Antillon
7. Samples of Financial Policies – Sarina Revillar (COLA Financial Policy, Cupertino Financial Policies, Mt View Financial Budget Policy)
8. Quarterly Controls – Sarina Revillar (Cash and Investment Summary Worksheet) 5:20 – 5:35 – Sarina Revillar
9. City Manager report 5:35-5:45 – Peter Pirnejad
10. Review of Proposed Planning Calendar – Fiscal 2023
11. Council Matters of interest - 5:45 – 5:55 – George Tyson
12. Annual Physical Inventory Performed in the Last 12 Months – Roddy Sloss
13. Next meeting date topics – 5:55 – 6:00 - Allan Epstein
14. Adjourn – 6:00
Town of Los Altos Hills – Finance and Investment Committee Agenda August 8, 2022 – page 2.
Notice to the Public
Any writings or documents provided to the Finance and Investment Committee regarding any item on the open session portion of the agenda will be made available for public inspection at the Town Clerk’s office, 26379 Fremont Road, Los Altos Hills during normal business hours.
Distribution:
Public posting by Deborah Padovan (City Clerk)
Email distribution by Deborah Padovan to Committee members and other invited attendees:
George Tyson (Mayor), Linda Swan (Vice Mayor), Peter Pirnejad, (City Manager), Sarina Revillar (Administrative Services Director), Oscar Antillon (Public Works Director), Monique Spyke (Managing Director, PFM), Dan Edds (consultant), Committee members: Allan Epstein, Roddy Sloss, Medha Rishi, Nathan Blair, Cheryl Breetwor-Evans, Kjell Karlsson, Susan Mason, Christopher Nam, Jim Lai (Associate member), Frank Lloyd (Associate Member)
Attachment 2
Portfolio Mix Charts
June 30, 2022
Portfolio Mix
Security Type % of Total By Security
LAIF 28.2% 8,496,798
Money Market 0.5% 148,965
Corp Notes 13.9% 4,175,000
Certificate of Deposits 0.4% 125,000
Federal Home Loan Banks 2.5% 750,828
Federal Nat'l Mortgage 4.2% 1,252,121
Municipal Bonds 5.2% 1,570,000
Supra-National Agency Bond 1.7% 520,000
US Treasury 43.4% 13,065,000
100% 30,103,712
Portfolio Mix Market
Security Type % of Total Par Value Value
LAIF 28.2% 8,496,798 8,496,798
Money Market 0.5% 148,965 148,965
Corp Notes 13.9% 4,175,000 3,957,586
Certificate of Deposits 0.4% 125,000 122,566
Federal Agencies 6.7% 2,002,949 1,903,345
Municipal Bonds 5.2% 1,570,000 1,496,937
Supra-National Agency Bond 1.7% 520,000 497,023
US Treasury 43.4% 13,065,000 12,500,400
100% 30,103,712 29,123,621
Portfolio Mix Market
Class Type % of Total Par Value Value
Corp Notes 19.5% 4,175,000 3,957,586
US Treasury/Agencies 70.2% 15,067,949 14,403,745
Supra-National Agency Bond 2.4% 520,000 497,023
Municipal Bonds 7.3% 1,570,000 1,496,937
Certificate of Deposits 0.6% 125,000 122,566
Accrued Interest - 73,674
100% 21,457,949 20,551,533
Margin Over (Under) Par (906,417)
Corp Notes
19.5%
US Treasury/Agencies
70.2%
SupraNational
Agency Bond
2.4%
Municipal
Bonds
7.3% Certificate of
Deposits 0.6%
PORTFOLIO MIX - BY CLASS
LAIF
28.2%
Money Market
0.5%
Corp Notes
13.9%
Certificate of
Deposits
Federal Home 0.4%
Loan Banks
2.5%
Federal Nat'l
Mortgage
4.2%
Municipal
Bonds…
Supra-National
Agency Bond…
US Treasury
43.4%
PORTFOLIO MIX - BY SECURITY
Attachment 3
Investment Policy Compliance Chart
June 30, 2022
Earliest City Policy City Policy City Policy % Compliance Term Compliance City Investment % Mix Par Value Term Term Limitation $ Limitation % Limitation CAPACITY Yes/No Yes/No LAIF 28.2% 8,496,798 01/00/00 No Term 75,000,000 100% 66,503,202 Yes N/A Money Market 0.5% 148,965 01/00/00 No Term 100% 29,954,748 Yes N/A Corp Notes 13.9% 4,175,000 11/05/19 5 Years 30% 4,856,114 Yes No Certificate of Deposits 0.4% 125,000 03/19/21 5 Years 30% 8,906,114 Yes No Federal Agencies 6.7% 2,002,949 03/28/19 5 Years 100% 28,100,763 Yes No Municipal Bonds 5.2% 1,570,000 10/09/19 5 Years 30% 7,461,114 Yes No Supra-National 1.7% 520,000 11/17/20 5 Years 30% 8,511,114 Yes No US Treasury 43.4% 13,065,000 11/01/19 5 Years 100% 17,038,712 Yes No 100% 30,103,712
Investment Performance Review
For the Quarter Ended June 30, 2022
Client Management Team PFM Asset Management LLC
Monique Spyke, Managing DirectorWale Kajopaiye, Senior Managing Consultant 213 Market Street
Harrisburg, PA 17101-2141
717-232-2723
1 California Street Ste. 1000
San Francisco, CA 94111-5411
415-393-7270
NOT FDIC INSURED : NO BANK GUARANTEE : MAY LOSE VALUE
For Institutional Investor or Investment Professional Use Only - This material is not for inspection by, distribution to, or quotation to the general public
LOS ALTOS HILLS
Attachment 4
© PFM Asset Management LLC pfmam.com |
• Market Update• Account Summary• Portfolio Review
© PFM Asset Management LLC pfmam.com |
Market Update
PFM Asset Management LLC
For the Quarter Ended June 30, 2022
California Affiliated Risk Management Authorities CLIENT NAME Market Update For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Current Market Themes
▸ The U.S. economy is characterized by:
▹ High inflation▹ A strong labor market▹ Depressed consumer confidence▹ Growing potential for economic recession ▸ The Federal Reserve is tightening monetary policy
▹ More aggressive rate hikes to battle persistent inflation▹ Short-term fed funds rate projected to reach 3.25% to 3.75% by year-end▹ Start of balance sheet reduction; pace to double beginning in September ▸ Asset prices have fallen sharply in 2022 as a result of:
▹ The impact of higher rates on bond prices and equity valuations▹ Wider credit spreads▹ High commodity prices, rising labor costs, and the continuing conflict in Ukraine▹ High levels of volatility and uncertainty
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
1
For the Quarter Ended June 30, 2022
California Affiliated Risk Management Authorities CLIENT NAME Market Update For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Source: Bloomberg, as of May 2022.
U.S. Inflation Hit a New Four-Decade High in May
8.6%
-2%
0%
2%4%6%8%
10%
Mar-20 Jun-20 Sep-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Q2 2022Q3 2022Q4 2022Q1 2023 Consumer Prices (CPI)
Top-Line Contributions and Year-over-Year Reading
Services (Ex Food & Energy) Goods (Ex Food & Energy) Food Energy Headline YoY% Bloomberg
Forecasts
Q2‘22
Q3‘22
Q4‘22
Q1‘23
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
2
PFM Asset Management LLC
For the Quarter Ended June 30, 2022
California Affiliated Risk Management Authorities CLIENT NAME Market Update For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Source: Bloomberg, as of June 2022.
0%1%2%3%4%5%6%
2017 2018 2019 2020 2021 2022
Median Price Increase
Consumers Expect High Inflation in the Near Term, but Moderation Longer Term University of Michigan Survey of Consumers
Expected Change in Prices
Next 5-10 Years Next Year
A disparity exists
between consumer’s
short and long-term
inflation expectations
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
3
PFM Asset Management LLC
For the Quarter Ended June 30, 2022
California Affiliated Risk Management Authorities CLIENT NAME Market Update For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Strong Labor Market and Spending Provide Momentum Against Signs of Economic Slowing Source: Bloomberg, as of June 2022.
Tailwinds Headwinds
$400$450$500$550$600$650$700
2017 2018 2019 2020 2021 2022
Billions
Retail Sales (Monthly)
20406080
100120
2017 2018 2019 2020 2021 2022
Index of Consumer Sentiment
34567
2017 2018 2019 2020 2021 2022
Millions
Existing Home Sales
April 20
14.7%
June 22
3.6%
0%4%8%
12%16%
2017 2018 2019 2020 2021 2022
U.S. Unemployment Rate
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
4
PFM Asset Management LLC
For the Quarter Ended June 30, 2022
California Affiliated Risk Management Authorities CLIENT NAME Market Update For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Uncertainty Grows Around Economic Outlook
Source: Bloomberg, as of June 2022.
GDP Contributors Q2 2021 Q3 2021 Q4 2021 Q1 2022
U.S. Real GDP 6.7% 2.3% 6.9% -1.6%
Personal Consumption 7.9% 1.4% 1.8% 1.2%
Fixed Investment 0.6% -0.2% 0.5% 1.3%
Private Inventories -1.3% 2.2% 5.3% -0.4%
Net Exports -0.2% -1.3% -0.2% -3.2%Gov’t Expenditures -0.3% 0.2% -0.5% -0.5% Following a negative Q1 reading, economists
expect positive yet decelerating growth amid an
increasingly cautious consumer
33%
0%
20%
40%60%80%
100%
2012 2014 2016 2018 2020 2022
U.S. 1-Year Recession Probability
(Bloomberg Median Economist Forecast)
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
5
PFM Asset Management LLC
For the Quarter Ended June 30, 2022
California Affiliated Risk Management Authorities CLIENT NAME Market Update For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Fed’s Updated Projections Show More Expected Inflation, Lower Growth Source: Federal Reserve, latest economic projections as of June 2022.
1.7% 1.7% 1.9% 1.8%
0%1%2%3%
2022 2023 2024 Longer
Run
Change in Real GDP
March Projections June Projections
3.7% 3.9% 4.1% 4.0%
0%1%2%3%4%5%
2022 2023 2024 Longer
Run
Unemployment Rate
March Projections June Projections
4.3%
2.7% 2.3%
0%2%4%6%
2022 2023 2024
Core PCE Inflation
March Projections June Projections
3.4%
3.8%
3.4%
2.5%
0%1%2%3%4%
2022 2023 2024 Longer
Run
Federal Funds Rate
March Projections June Projections
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
6
PFM Asset Management LLC
For the Quarter Ended June 30, 2022
California Affiliated Risk Management Authorities CLIENT NAME Market Update For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Federal Reserve Officials Project 1.75% More in Rate Hikes in 2022 Source: Federal Reserve and Bloomberg. Individual dots represent each Fed members’ judgement of the midpoint of the appropriate target range for the federal funds rate at each year-end.
1.0%1.5%2.0%2.5%3.0%3.5%4.0%4.5%5.0%
Fed Participants’ Assessments of ‘Appropriate’ Monetary Policy Jun-22 FOMC ProjectionsJun-22 Median
2022 2023 2024 Longer Term
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
7
For the Quarter Ended June 30, 2022
California Affiliated Risk Management Authorities Market Update Surging Yields Give Back Pandemic Gains
CLIENT NAME
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Source: ICE BofAML Indices via Bloomberg, as of 6/30/2022; PFMAM calculations. 2022 Price, income, and total return is YTD as of 6/30/2022.
ICE BofA 1-5 Year Treasury Index
-8%-6%-4%-2%
0%2%4%6%8%
10%12%
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
Annual Price & Income Returns
Income Return Price Return Total Return
$100$120$140$160$180$200$220$240
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
Growth of $100
(1/1/2000 - 6/30/2022)
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
8
PFM Asset Management LLC
For the Quarter Ended June 30, 2022
California Affiliated Risk Management Authorities CLIENT NAME Market Update For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Sector Yield Spreads Widened in Q2 2022
Source: ICE BofAML 1-5 year Indices via Bloomberg, MarketAxess and PFMAM as of 6/30/2022. Spreads on ABS and MBS are option-adjusted spreads of 0-5 year indices based on weighted average life; spreads on agencies are relative to comparable maturity Treasuries. CMBS is Commercial Mortgage-Backed Securities. 1-5 Year Indices
-0.10%-0.05%
0.00%0.05%0.10%0.15%0.20%
Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22
Federal Agency Yield Spreads
0.0%0.2%0.4%0.6%0.8%1.0%1.2%
Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22
Corporate Notes A-AAA Yield Spreads
-0.5%
0.0%0.5%1.0%1.5%2.0%
Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22
Mortgage-Backed Securities Yield Spreads
Agency MBS AAA CMBS Index
0.0%0.4%0.8%1.2%1.6%
Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22
Asset-Backed Securities AAA Yield Spreads
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
9
PFM Asset Management LLC
For the Quarter Ended June 30, 2022
Market Update
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Source: ICE BofAML Indices. ABS indices are 0-5 year, based on weighted average life. As of 6/30/2022.
Rising Rates and Wider Spreads Hurt Fixed-Income Returns in Q2 2022 1-5 Year Indices
0.83% 0.87%
1.23%
1.86%
2.41%
0.0%0.5%1.0%1.5%2.0%2.5%
U.S. Treasury
Agency
ABS
Corp A-AAA
Corp BBB
10-Year Average
-0.81% -0.90% -0.68% -1.66% -2.21%
-5.0%-4.0%-3.0%-2.0%-1.0%
0.0%
U.S. Treasury
Agency
ABS
Corp A-AAA
Corp BBB
Q2 2022
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
LOS ALTOS HILLS
10
PFM Asset Management LLC
For the Quarter Ended June 30, 2022
California Affiliated Risk Management Authorities CLIENT NAME Market Update For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Fixed-Income Sector Commentary – 2Q 2022
▸ U.S. Treasury securities posted negative returns for
more than two quarters. Yields continued to movehigher on surging inflation data and expectations foraggressive Fed rate hikes over the course of 2022. ▸ The Federal Agency sector generated modest
incremental returns over Treasuries in Q2 butcontinue to offer narrow yield spreads and limitedvalue. ▸ Supranational spreads are elevated for shorter
maturities but remained historically tight further outthe curve. Issuance has been relatively light year-todate which has helped keep downward pressure onyield spreads. ▸ Investment grade Corporates appear to have priced
in a recession on the horizon; however, fundamentalsand ratings are expected to stabilize while alsocarrying a low default rate. Yield spreads have beendriven wider to historically attractive levels asuncertainties persist. ▸ Asset-Backed yield spreads widened after a volatile
start to the year. Some measures of collateralperformance are trending worse, but overall are in agood position from a historical perspective and remainwithin rating agency expectations. ▸ Mortgage-Backed Securities were hampered by
soaring mortgage rates and the looming reduction tothe Fed’s balance sheet. The sector will likely remainunder pressure for the foreseeable future as it faces amyriad of headwinds. ▸ Taxable Municipals were one of the few investment
grade sectors that performed well during the quarter.But while issuance has slowed despite appearing atattractive levels, deals remain heavily oversubscribed,pressuring spreads lower. ▸ Commercial Paper and CD spreads remain elevated
and attractive, particularly on maturities near ninemonths which have heightened value and a steepercurve.
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
11
PFM Asset Management LLC
For the Quarter Ended June 30, 2022
California Affiliated Risk Management Authorities CLIENT NAME Market Update For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC | pfmam.com
Fixed-Income Sector Outlook – 3Q 2022
Negative Slightly Negative Neutral Slightly Positive Positive Sector Our Investment Preferences
C O M M E R C I A L P A P E R
/ C D
T R E A S U R I E S
T-Bill
T-Note
F E D E R A L A G E N C I E S
Bullets
Callables
S U P R A N A T I O N A L S
C O R P O R A T E S
Financials
Industrials
S E C U R I T I Z E D
Asset-Backed
Agency Mortgage-Backed
Agency CMBS
M U N I C I P A L S
Current outlook Outlook one quarter ago
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Market Update
© PFM Asset Management LLC pfmam.com |
12
© PFM Asset Management LLC pfmam.com |
Account Summary
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Compliance
|
Note: Pre- and post-trade compliance for the account(s) managed by PFM Asset Management is provided via Bloomberg Asset and Investment Management ("AIM").
Certificate of Compliance
During the reporting period for the quarter ended June 30, 2022, the account(s) managed by PFM Asset Management ("PFMAM")were in compliance with the applicable investment policy and guidelines as furnished to PFMAM.
Acknowledged : PFM Asset Management LLC
14
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Account Summary
|
Account Summary
1. Yield at market, yield on cost, and portfolio duration only include investments held within the separately managed account(s), excludes balances invested in overnight funds.
The current 7-day yield is the net change, exclusive of capital changes and income other than investment income, in the value of a hypothetical fund account with a balance of one share over the seven-day base period including the statement date, expressed as a percentage of the value of one share (normally $1.00 per share) at the beginning of the seven-day period. This resulting net change in account value is then annualized by multiplying it by 365 and dividing the result by 7. The yields quoted should not be considered a representation of the yield of the fund in the future, since the yield is not fixed.
2. LOS ALTOS HILLS - OPERATING FUND - 581-00
Portfolio Values June 30, 2022CAMP Managed Account $20,477,858 CAMP Pool $148,965
Amortized Cost $21,505,160
Market Value $20,477,858
Accrued Interest $73,674
Cash $0
Analytics¹ June 30, 2022
3.15%1.10%
2.45 Yield at MarketYield at CostPortfolio DurationCAMP Pool 7-Day Yield2 1.40% 15
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Account Summary
|
Account Summary1
CAMP Managed Account $20,551,532CAMP Pool $148,965Total Program $20,700,497 Consolidated Summary
Sector Allocation
0.1% 0.5% 0.0% 1.1%
8.6%
26.9% 24.6% 23.0%
15.2%
0.0% 0.0% 0.0%
$0$2
$4$6$8
Millions
Under
30 days
31 to 60
days
61 to 90
days
91 to
180 days
181 days
to 1 year
1 to 2 years
2 to 3 years
3 to 4 years
4 to 5 years
5 to 7 years
7 to 10
years
Over 10
years
Maturity Distribution
(Weighted Average Maturity: 920 Days)
1. Account summary includes market values, accrued interest, cash and cash equivalents. Sector allocation and the maturity distribution include market values and accrued interest.
U.S. Treasury | 61%Corporate | 19%Municipal | 7%Federal Agency | 6% Agency CMBS | 3%
Supranational | 2%Joint Powers Authority | 1%Negotiable CD | 1% 16
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Account Summary
|
0.7%
19.2%
0.6%
7.3%
2.4%
3.5%
5.7%
60.6%
0.0% 20.0% 40.0% 60.0% 80.0% 100.0%
Joint Powers Authority - $148,965
Corporate - $3,977,204
Negotiable CD - $122,784
Municipal - $1,505,360
Supranational - $498,218
Agency CMBS - $716,270
Federal Agency - $1,190,100
U.S. Treasury - $12,541,596
Portfolio Allocation Sector Limit for Analysis*
Sector Allocation Analytics
For informational/analytical purposes only and is not provided for compliance assurance. Includes accrued interest.*Sector Limit for Analysis is as derived from our interpretation of your most recent Investment Policy as provided. 17
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Account Summary
|
Ratings shown are calculated by assigning a numeral value to each security rating, then calculating a weighted average rating for each security type / issuer category using all available security ratings,excluding Not-Rated (NR) ratings. For security type / issuer categories where a rating from the applicable NRSRO is not available, a rating of NR is assigned. Includes accrued interest and excludes balancesinvested in overnight funds.
Issuer Diversification
Security Type / Issuer Market Value (%) S&P / Moody's / FitchU.S. Treasury 61.0% UNITED STATES TREASURY 60.6% AA / Aaa / AAA
Federal Agency 5.8%
FANNIE MAE 3.1% AA / Aaa / AAA
FEDERAL HOME LOAN BANKS 0.6% AA / Aaa / NRFREDDIE MAC 2.0% AA / Aaa / AAA Agency CMBS 3.5%
FANNIE MAE 0.7% AA / Aaa / AAA
FREDDIE MAC 2.8% AA / Aaa / AAA
Supranational 2.4%
INTER-AMERICAN DEVELOPMENT BANK 1.9% AAA / Aaa / AAA
INTL BANK OF RECONSTRUCTION AND DEV 0.5% AAA / Aaa / AAA Municipal 7.3%
ARIZONA TRANSPORTATION BOARD 0.9% AA / Aa / NR
FLORIDA STATE BOARD OF ADMIN FIN CORP 1.3% AA / Aa / AALONG BEACH COMMUNITY COLLEGEDISTRICT
0.5% AA / Aa / NR
LOS ANGELES COMMUNITY COLLEGEDISTRICT
0.3% AA / Aaa / NR
LOS ANGELES UNIFIED SCHOOL DISTRICT 0.2% NR / Aa / AANEW YORK ST URBAN DEVELOPMENT CORP 0.7% AA / NR / AASAN DIEGO COMMUNITY COLLEGE DISTRICT 0.1% AAA / Aaa / NRSAN DIEGO COUNTY WATER AUTHORITY 0.5% AAA / Aa / AASAN JUAN UNIFIED SCHOOL DISTRICT 0.3% NR / Aa / NRSAN RAMON VALLEY UNIFIED SCHOOLDISTRICT
0.3% AA / Aa / NR
STATE OF CONNECTICUT 0.7% A / Aa / AASTATE OF MARYLAND 0.5% AAA / Aaa / AAASTATE OF MINNESOTA 0.2% AAA / Aa / AAA Security Type / Issuer Market Value (%) S&P / Moody's / FitchMunicipal 7.3% STATE OF MISSISSIPPI 0.1% AA / Aa / AASTATE OF WISCONSIN 0.6% AAA / NR / AA Negotiable CD 0.6%
CREDIT SUISSE GROUP RK 0.6% A / Aa / A
Corporate 19.4%
ABBOTT LABORATORIES 0.6% AA / A / NRAMAZON.COM INC 0.4% AA / A / AAAMERICAN EXPRESS CO 0.9% BBB / A / AAMERICAN HONDA FINANCE 1.4% A / A / AASTRAZENECA PLC 0.5% A / A / NR BANK OF AMERICA CO 0.5% A / A / AA
BURLINGTON NORTHERN SANTA FE 0.6% AA / A / NRCATERPILLAR INC 1.6% A / A / ACHARLES SCHWAB 0.2% A / A / ACHEVRON CORPORATION 0.6% AA / Aa / NRCITIGROUP INC 0.7% BBB / A / ACOMCAST CORP 0.6% A / A / ADEERE & COMPANY 0.9% A / A / AGENERAL DYNAMICS CORP 0.6% A / A / NRGOLDMAN SACHS GROUP INC 0.6% BBB / A / AHOME DEPOT INC 0.1% A / A / AHONEYWELL INTERNATIONAL 0.4% A / A / AIBM CORP 0.7% A / A / NRJP MORGAN CHASE & CO 0.5% A / A / AAMORGAN STANLEY 0.3% A / A / ANATIONAL RURAL UTILITIES CO FINANCECORP
0.2% A / A / A
18
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Account Summary
|
Ratings shown are calculated by assigning a numeral value to each security rating, then calculating a weighted average rating for each security type / issuer category using all available security ratings,excluding Not-Rated (NR) ratings. For security type / issuer categories where a rating from the applicable NRSRO is not available, a rating of NR is assigned. Includes accrued interest and excludes balancesinvested in overnight funds.
Issuer Diversification
Security Type / Issuer Market Value (%) S&P / Moody's / FitchCorporate 19.4% NORTHERN TRUST 0.5% A / A / A
NOVARTIS AG 0.7% AA / A / AAPACCAR FINANCIAL CORP 0.3% A / A / NR PNC FINANCIAL SERVICES GROUP 0.6% A / A / ATARGET CORP 0.6% A / A / ATHE BANK OF NEW YORK MELLONCORPORATION
1.4% A / A / AA
TOYOTA MOTOR CORP 0.7% A / A / ATRUIST FIN CORP 0.7% A / A / AUNITEDHEALTH GROUP INC 0.7% A / A / A Total 100.0%
19
© PFM Asset Management LLC pfmam.com |
Portfolio Review:
CAMP-TOWN OF LOS ALTOS HILLS
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Snapshot
|
Total market value includes accrued interest and balances invested in CAMP, as of June 30, 2022.Yield and duration calculations exclude balances invested in CAMP.The portfolio’s benchmark is currently the ICE BofAML 1-5 Year U.S Treasury Index. Prior to 9/30/19 it was the ICE BofAML 1-3 Year U.S Treasury Index. Source: Bloomberg.
An average of each security’s credit rating was assigned a numeric value and adjusted for its relative weighting in the portfolio.
1. Portfolio Snapshot - CAMP-TOWN OF LOS ALTOS HILLS¹
Credit Quality - S&P
10%
30%
24% 25%
12%
2%
35%
28%
20%
15%
0%
10%20%30%40%
0-1 Yr 1-2 Yrs 2-3 Yrs 3-4 Yrs 4-5 Yrs
Portfolio Benchmark
Duration Distribution
U.S. Treasury | 61%Corporate | 19%Municipal | 7%Federal Agency | 6% Agency CMBS | 4%
Supranational | 2%Joint Powers Authority | 1%Negotiable CD | 1% Sector Allocation
AAA | 4%AAAm | 1%AA+ | 72%AA | 2%AA- | 2%A+ | 3%A | 5%A- | 7%A-1 | 1% BBB+ | 2%Not Rated | 1%
Portfolio Statistics
Portfolio Effective Duration 2.45 years
Benchmark Effective Duration 2.52 yearsPortfolio Credit Quality AA Yield At Market 3.15%
Yield At Cost 1.10%
Total Market Value $20,700,497.12
Managed Account Sub-Total $20,477,858.00Pool $148,964.73 Accrued Interest $73,674.39
21
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Characteristics
|
$0$4$9
$13$18$22
June 2022
$0$4$9
$13$18$22
March 2022
$0$4$9
$13$18$22
December 2021
$0.0$4.4$8.8
$13.2$17.6$22.0
Millions
September
2021
Sector Allocation Review - CAMP-TOWN OF LOS ALTOS HILLS U.S. Treasury Federal Agency Agency CMBS Supranational Municipal Negotiable CD Corporate Joint Powers Authority Market values, excluding accrued interest. Only includes fixed-income securities held within the separately managed account(s) and LGIPs managed by PFMAM. Detail may not add to total due to rounding.
Security Type Sep-21 % of Total Dec-21 % of Total Mar-22 % of Total Jun-22 % of Total U.S. Treasury $12.3 56.9% $12.7 58.9% $12.4 59.5% $12.5 60.6%Federal Agency $1.8 8.1% $1.4 6.7% $1.3 6.4% $1.2 5.8% Agency CMBS $1.2 5.4% $1.0 4.8% $0.8 3.8% $0.7 3.5%
Supranational $0.6 2.8% $0.6 2.8% $0.6 2.8% $0.5 2.4%Municipal $2.1 9.5% $2.1 9.7% $1.5 7.3% $1.5 7.3%Negotiable CD $0.7 3.4% $0.3 1.3% $0.3 1.4% $0.1 0.6%Corporate $2.8 13.0% $3.3 15.4% $3.9 18.4% $4.0 19.2%Joint Powers Authority $0.2 0.9% $0.1 0.4% $0.1 0.4% $0.1 0.7%Total $21.7 100.0% $21.5 100.0% $20.8 100.0% $20.5 100.0% 22
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LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Activity
|
Portfolio Activity - CAMP-TOWN OF LOS ALTOS HILLS
Net Activity by Sector
($ millions)
Negotiable CDFederal Agency
Supranational
Agency CMBS
Corporate
U.S. Treasury
Negotiable CD
Federal Agency
Supranational
Agency CMBS
Corporate
U.S. Treasury
($0.6) ($0.4) ($0.2) $0.0 $0.2 $0.4 $0.6 $0.8
Based on total proceeds (principal and accrued interest) of buys, sells, maturities, and principal paydowns. Detail may not add to total due to rounding.
Sector Net ActivityU.S. Treasury $223,630Corporate $185,931 Agency CMBS ($60,563)
Supranational ($78,596)Federal Agency ($129,893)Negotiable CD ($161,332)Total Net Activity ($20,822) Sales/Maturities Purchases
23
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Performance
|
1. The lesser of 10 years or since inception is shown. Since inception returns for periods one year or less are not shown. Performance inception date is March 31, 2006.2. Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.3. Returns for periods one year or less are presented on a periodic basis. Returns for periods greater than one year are presented on an annualized basis.4. The portfolio’s benchmark is currently the ICE BofAML 1-5 Year U.S Treasury Index. Prior to 9/30/19 it was the ICE BofAML 1-3 Year U.S Treasury Index. Source: Bloomberg. -6.0%-4.0%-2.0%
0.0%2.0%
Return
Portfolio Benchmark Net of Fees
Portfolio Performance
Market Value Basis Earnings 3 Months 1 Year 3 Years 5 Years 10 Years Interest Earned² $73,503 $287,676 $949,365 $1,475,328 $2,221,249 Change in Market Value ($262,285) ($1,303,087) ($1,069,834) ($942,661) ($1,335,656) Total Dollar Return ($188,782) ($1,015,411) ($120,469) $532,667 $885,593 Total Return³
Portfolio -0.90% -4.63% 0.24% 1.00% 0.83%Benchmark⁴ -0.81% -4.61% -0.01% 0.79% 0.71%Basis Point Fee 0.02% 0.10% 0.10% 0.10% 0.10%Net of Fee Return -0.92% -4.73% 0.14% 0.90% 0.73% 3 Months 1 Year 3 Years 5 Years 10 Years
24
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Performance
|
1. Performance on trade-date basis, gross (i.e., before fees), in accordance with the CFA Institute’s Global Investment Performance Standards (GIPS).2. Income returns calculated as interest earned on investments during the period.3. Price returns calculated as the change in market value of each security for the period.4. Returns are presented on a periodic basis.
Quarterly Sector Performance
Total Return by Sector Contribution to Total Return
Cash
Corporate
Negotiable CD
Municipal
Supranational
Agency CMBS
Federal Agency
U.S. Treasury
-1.00%-0.80%-0.60%-0.40%-0.20%
0.00%0.20%
U.S. Treasury | -0.45%Federal Agency | -0.06%
Agency CMBS | -0.01%Supranational | -0.02%
Municipal | -0.04%Negotiable CD | >-0.01%Corporate | -0.33%Cash | <0.01% Price Returns Income Returns
Return
0.11%
0.49%
0.24%
0.34%
0.21%
0.70%
0.12%
0.33%
0.00% -2.22%
-0.59%
-0.91% -0.76%
-0.94%
-1.08%-1.08%
-4.0% -2.6% -1.2% 0.2% 1.6% 3.0%
Return
25
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Performance
|
1. The lesser of 10 years or since inception is shown. Performance inception date is March 31, 2006.2. Interest earned calculated as the ending accrued interest less beginning accrued interest, plus net interest activity.3. Realized gains / (losses) are shown on an amortized cost basis.
Accrual Basis Earnings - CAMP-TOWN OF LOS ALTOS HILLS
Accrual Basis EarningsInterest Earned²Realized Gains / (Losses)³Change in Amortized CostTotal Earnings 3 Months
$73,503
($5,358)
($19,246)
$48,585
1 Year
$287,676
$3,175
($82,711)
$208,139
3 Years
$949,365$301,508
($174,304)
$1,076,569
5 Year
$1,475,328
$186,896
($158,352)
$1,503,872
10 Year¹
$2,221,249
$226,647
($516,706)
$1,931,190
26
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Composition
|
Issuer Distribution
As of June 30, 2022
Issuer Market Value ($) % of PortfolioUNITED STATES TREASURY 12,500,400 60.61%FREDDIE MAC 988,352 4.80%FANNIE MAE 789,258 3.83%INTER-AMERICAN DEVELOPMENT BANK 386,282 1.87%CATERPILLAR INC 335,515 1.63% AMERICAN HONDA FINANCE 293,863 1.42%
THE BANK OF NEW YORK MELLON CORPORATION 283,684 1.38%FLORIDA STATE BOARD OF ADMIN FIN CORP 271,817 1.32%DEERE & COMPANY 190,793 0.92% ARIZONA TRANSPORTATION BOARD 185,617 0.90%AMERICAN EXPRESS CO 181,306 0.88% NEW YORK ST URBAN DEVELOPMENT CORP 153,566 0.74%UNITEDHEALTH GROUP INC 149,867 0.73%CAMP POOL 148,965 0.72%IBM CORP 148,111 0.72%STATE OF CONNECTICUT 145,858 0.71%NOVARTIS AG 144,643 0.70%TRUIST FIN CORP 143,871 0.70%CITIGROUP INC 142,582 0.69%TOYOTA MOTOR CORP 138,853 0.67%FEDERAL HOME LOAN BANKS 125,736 0.61% ABBOTT LABORATORIES 125,537 0.61%
BURLINGTON NORTHERN SANTA FE 124,774 0.60%GENERAL DYNAMICS CORP 124,645 0.60% 27
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Composition
|
Issuer Market Value ($) % of PortfolioCREDIT SUISSE GROUP RK 122,566 0.59%PNC FINANCIAL SERVICES GROUP 121,146 0.59%TARGET CORP 120,364 0.58%COMCAST CORP 120,343 0.58%CHEVRON CORPORATION 113,775 0.55%GOLDMAN SACHS GROUP INC 113,737 0.55%STATE OF WISCONSIN 113,473 0.55%JP MORGAN CHASE & CO 112,889 0.55% ASTRAZENECA PLC 112,793 0.55%
INTL BANK OF RECONSTRUCTION AND DEV 110,741 0.54%NORTHERN TRUST 100,526 0.49%LONG BEACH COMMUNITY COLLEGE DISTRICT 100,033 0.48%BANK OF AMERICA CO 99,450 0.48%SAN DIEGO COUNTY WATER AUTHORITY 95,424 0.46%STATE OF MARYLAND 95,060 0.46% AMAZON.COM INC 90,313 0.44%
HONEYWELL INTERNATIONAL 88,814 0.43%SAN JUAN UNIFIED SCHOOL DISTRICT 71,175 0.35%MORGAN STANLEY 69,394 0.34%PACCAR FINANCIAL CORP 68,560 0.33%LOS ANGELES COMMUNITY COLLEGE DISTRICT 64,806 0.31%SAN RAMON VALLEY UNIFIED SCHOOL DISTRICT 64,667 0.31%STATE OF MINNESOTA 50,685 0.25%CHARLES SCHWAB 47,961 0.23%LOS ANGELES UNIFIED SCHOOL DISTRICT 46,337 0.22%NATIONAL RURAL UTILITIES CO FINANCE CORP 34,801 0.17%SAN DIEGO COMMUNITY COLLEGE DISTRICT 19,772 0.10% 28
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Composition
|
Issuer Market Value ($) % of PortfolioSTATE OF MISSISSIPPI 18,647 0.09%HOME DEPOT INC 14,681 0.07% Grand Total 20,626,823 100.00%
29
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Holdings
|
Managed Account Detail of Securities Held
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY NOTESDTD 01/31/2018 2.375% 01/31/2023
9128283U2 270,000.00 AA+ Aaa 11/1/2019 11/6/2019 276,992.58 1.55 2,674.82 271,266.00 269,620.33 US TREASURY NOTESDTD 01/31/2018 2.375% 01/31/2023
9128283U2 100,000.00 AA+ Aaa 1/29/2021 2/2/2021 104,484.38 0.12 990.68 101,318.21 99,859.38 US TREASURY NOTESDTD 05/15/2020 0.125% 05/15/2023
912828ZP8 295,000.00 AA+ Aaa 1/4/2021 1/6/2021 294,965.43 0.13 47.10 294,987.20 287,993.75 US TREASURY NOTESDTD 07/02/2018 2.625% 06/30/2023
9128284U1 800,000.00 AA+ Aaa 9/8/2021 9/9/2021 835,187.50 0.19 57.07 819,435.89 797,750.00 US TREASURY N/B NOTESDTD 07/31/2021 0.125% 07/31/2023
91282CCN9 75,000.00 AA+ Aaa 8/5/2021 8/9/2021 74,885.74 0.20 39.11 74,937.40 72,750.00 US TREASURY N/B NOTESDTD 08/31/2021 0.125% 08/31/2023
91282CCU3 1,000,000.00 AA+ Aaa 9/8/2021 9/9/2021 998,203.13 0.22 417.80 998,938.33 967,656.20 US TREASURY NOTESDTD 08/31/2018 2.750% 08/31/2023
9128284X5 500,000.00 AA+ Aaa 3/2/2020 3/4/2020 533,183.59 0.82 4,595.79 511,087.22 498,750.00 US TREASURY N/B NOTESDTD 08/31/2021 0.125% 08/31/2023
91282CCU3 80,000.00 AA+ Aaa 9/1/2021 9/3/2021 79,871.88 0.21 33.42 79,924.93 77,412.50 US TREASURY NOTESDTD 09/30/2016 1.375% 09/30/2023
912828T26 600,000.00 AA+ Aaa 11/1/2019 11/6/2019 596,156.25 1.54 2,073.77 598,769.14 588,187.50 US TREASURY N/B NOTESDTD 11/30/2021 0.500% 11/30/2023
91282CDM0 300,000.00 AA+ Aaa 12/1/2021 12/3/2021 299,449.22 0.59 127.05 299,608.32 289,781.25 US TREASURY N/B NOTESDTD 12/31/2021 0.750% 12/31/2023
91282CDR9 175,000.00 AA+ Aaa 1/4/2022 1/5/2022 174,917.97 0.77 3.57 174,938.00 169,257.81 US TREASURY NOTESDTD 01/03/2017 2.250% 12/31/2023
912828V23 185,000.00 AA+ Aaa 11/1/2019 11/6/2019 190,166.99 1.55 11.31 186,867.75 182,976.56 US TREASURY NOTESDTD 01/31/2019 2.500% 01/31/2024
9128285Z9 925,000.00 AA+ Aaa 9/8/2021 9/9/2021 973,634.77 0.29 9,646.06 957,219.14 917,918.02 US TREASURY NOTESDTD 02/28/2017 2.125% 02/29/2024
912828W48 140,000.00 AA+ Aaa 11/1/2019 11/6/2019 143,335.94 1.55 994.36 141,286.96 138,075.00 US TREASURY NOTESDTD 03/31/2017 2.125% 03/31/2024
912828W71 275,000.00 AA+ Aaa 1/2/2020 1/6/2020 280,381.83 1.64 1,468.92 277,224.44 270,917.96 30
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY NOTESDTD 05/01/2017 2.000% 04/30/2024
912828X70 400,000.00 AA+ Aaa 11/1/2019 11/6/2019 407,671.88 1.56 1,347.83 403,135.30 392,937.52 US TREASURY NOTESDTD 07/31/2019 1.750% 07/31/2024
912828Y87 385,000.00 AA+ Aaa 3/2/2020 3/4/2020 400,159.38 0.84 2,810.39 392,165.40 375,254.69 US TREASURY N/B NOTESDTD 08/15/2021 0.375% 08/15/2024
91282CCT6 250,000.00 AA+ Aaa 9/1/2021 9/3/2021 249,824.22 0.40 352.21 249,873.35 236,445.30 US TREASURY N/B NOTESDTD 09/15/2021 0.375% 09/15/2024
91282CCX7 800,000.00 AA+ Aaa 9/8/2021 9/15/2021 798,406.25 0.44 880.43 798,826.50 754,750.00 US TREASURY NOTESDTD 10/31/2017 2.250% 10/31/2024
9128283D0 200,000.00 AA+ Aaa 11/1/2019 11/6/2019 206,570.31 1.56 758.15 203,077.69 196,562.50 US TREASURY NOTESDTD 01/31/2018 2.500% 01/31/2025
9128283V0 240,000.00 AA+ Aaa 2/3/2020 2/5/2020 253,115.63 1.36 2,502.76 246,802.56 236,775.00 US TREASURY N/B NOTESDTD 02/15/2022 1.500% 02/15/2025
91282CDZ1 120,000.00 AA+ Aaa 4/1/2022 4/5/2022 116,254.69 2.64 676.24 116,565.90 115,312.50 US TREASURY N/B NOTESDTD 02/15/2022 1.500% 02/15/2025
91282CDZ1 275,000.00 AA+ Aaa 2/11/2022 2/15/2022 272,873.05 1.77 1,549.73 273,136.98 264,257.81 US TREASURY NOTESDTD 10/31/2020 0.250% 10/31/2025
91282CAT8 600,000.00 AA+ Aaa 9/8/2021 9/9/2021 589,710.94 0.67 252.72 591,717.07 546,656.28 US TREASURY NOTESDTD 10/31/2020 0.250% 10/31/2025
91282CAT8 185,000.00 AA+ Aaa 3/30/2021 4/1/2021 180,309.96 0.82 77.92 181,587.53 168,552.35 US TREASURY NOTESDTD 12/31/2020 0.375% 12/31/2025
91282CBC4 185,000.00 AA+ Aaa 1/29/2021 2/2/2021 184,602.54 0.42 1.88 184,716.48 168,552.35 US TREASURY NOTESDTD 12/31/2020 0.375% 12/31/2025
91282CBC4 360,000.00 AA+ Aaa 5/5/2021 5/7/2021 354,164.06 0.73 3.67 355,606.73 327,993.77 US TREASURY NOTESDTD 01/31/2021 0.375% 01/31/2026
91282CBH3 195,000.00 AA+ Aaa 9/1/2021 9/3/2021 192,356.84 0.69 305.02 192,850.69 177,267.19 US TREASURY NOTESDTD 01/31/2021 0.375% 01/31/2026
91282CBH3 315,000.00 AA+ Aaa 7/2/2021 7/7/2021 308,946.09 0.80 492.73 310,248.28 286,354.69 US TREASURY NOTESDTD 01/31/2021 0.375% 01/31/2026
91282CBH3 85,000.00 AA+ Aaa 2/25/2021 2/26/2021 83,359.77 0.77 132.96 83,806.28 77,270.31 US TREASURY N/B NOTESDTD 05/31/2021 0.750% 05/31/2026
91282CCF6 570,000.00 AA+ Aaa 12/1/2021 12/3/2021 559,846.88 1.16 362.09 561,146.97 521,460.97 US TREASURY N/B NOTESDTD 05/31/2021 0.750% 05/31/2026
91282CCF6 150,000.00 AA+ Aaa 6/2/2021 6/4/2021 149,671.88 0.79 95.29 149,742.47 137,226.57 31
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
U.S. Treasury
US TREASURY N/B NOTESDTD 05/31/2021 0.750% 05/31/2026
91282CCF6 350,000.00 AA+ Aaa 2/15/2022 2/17/2022 332,691.41 1.96 222.34 334,174.37 320,195.33 US TREASURY N/B NOTESDTD 06/30/2021 0.875% 06/30/2026
91282CCJ8 350,000.00 AA+ Aaa 8/2/2021 8/4/2021 353,554.69 0.66 8.32 352,897.74 321,234.38 US TREASURY NOTESDTD 08/15/2016 1.500% 08/15/2026
9128282A7 250,000.00 AA+ Aaa 5/2/2022 5/4/2022 234,853.52 3.02 1,408.84 235,415.22 234,726.55 US TREASURY N/B NOTESDTD 08/31/2021 0.750% 08/31/2026
91282CCW9 175,000.00 AA+ Aaa 9/8/2021 9/9/2021 174,555.66 0.80 438.69 174,627.80 159,250.00 US TREASURY NOTESDTD 10/31/2019 1.625% 10/31/2026
912828YQ7 200,000.00 AA+ Aaa 12/14/202 12/16/202 203,593.75 1.24 547.55 203,196.01 188,312.50 US TREASURY N/B NOTESDTD 11/30/2021 1.250% 11/30/2026
91282CDK4 150,000.00 AA+ Aaa 12/1/2021 12/3/2021 150,427.73 1.19 158.81 150,378.46 138,890.63 US TREASURY N/B NOTESDTD 12/31/2021 1.250% 12/31/2026
91282CDQ1 245,000.00 AA+ Aaa 1/3/2022 1/5/2022 243,851.56 1.35 8.32 243,963.19 226,395.31 US TREASURY NOTESDTD 02/15/2017 2.250% 02/15/2027
912828V98 310,000.00 AA+ Aaa 6/2/2022 6/6/2022 300,663.67 2.94 2,620.44 300,799.77 298,859.38 Security Type Sub-Total 13,065,000.00 13,157,853.56 0.93 41,196.16 13,078,267.67 12,500,400.14 Supranational
INTL BK RECON & DEVELOP NOTESDTD 11/24/2020 0.250% 11/24/2023 459058JM6 115,000.00 AAA Aaa 11/17/2020 11/24/2020 114,752.75 0.32 29.55 114,884.62 110,741.09 INTER-AMERICAN DEVEL BK NOTESDTD 09/23/2021 0.500% 09/23/2024 4581X0DZ8 245,000.00 AAA Aaa 9/15/2021 9/23/2021 244,818.70 0.52 333.47 244,865.18 231,617.61 INTER-AMERICAN DEVELOPMENTBANK NOTESDTD 01/16/2020 1.750% 03/14/2025 4581X0DK1 160,000.00 AAA Aaa 2/19/2021 2/23/2021 168,208.00 0.47 832.22 165,473.85 154,664.00 Security Type Sub-Total 520,000.00 527,779.45 0.46 1,195.24 525,223.65 497,022.70 32
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Negotiable CD
CREDIT SUISSE NEW YORK CERTDEPOSDTD 03/23/2021 0.590% 03/17/2023 22552G3C2 125,000.00 A-1 P-1 3/19/2021 3/23/2021 125,000.00 0.59 217.15 125,000.00 122,566.38 Security Type Sub-Total 125,000.00 125,000.00 0.59 217.15 125,000.00 122,566.38 Municipal
LONG BEACH CCD, CA TXBL GOBONDSDTD 10/23/2019 1.702% 08/01/2022 542411NG4 100,000.00 AA Aa2 10/9/2019 10/23/201 100,000.00 1.70 709.17 100,000.00 100,033.00 SAN DIEGO CCD, CA TXBL GO BONDSDTD 10/16/2019 1.996% 08/01/2023 797272QN4 20,000.00 AAA Aaa 10/29/201 10/31/201 19,948.60 2.07 166.33 19,985.14 19,772.40 SAN DEIGO CNTY WTR AUTH, CATXBL REV BONDTD 07/22/2020 0.593% 05/01/2024 797412DL4 100,000.00 AAA Aa2 7/9/2020 7/22/2020 100,000.00 0.59 98.83 100,000.00 95,424.00 WI DEPT OF TRANS TXBL REV BONDSDTD 07/30/2020 0.624% 07/01/2024 977123X60 120,000.00 AAA NR 7/10/2020 7/30/2020 120,000.00 0.62 374.40 120,000.00 113,473.20
AZ TRAN BOARD TXBL REV BONDS
DTD 02/12/2020 1.958% 07/01/2024
040654XU4 190,000.00 AA+ Aa1 1/10/2020 2/12/2020 190,000.00 1.96 1,860.10 190,000.00 185,616.70 CT ST TXBL GO BONDSDTD 06/11/2020 1.998% 07/01/2024
20772KJW0 30,000.00 A+ Aa3 5/29/2020 6/11/2020 30,000.00 2.00 299.70 30,000.00 29,538.90 SAN JUAN USD, CA TXBL GO BONDSDTD 10/29/2020 0.702% 08/01/2024 798306WN2 75,000.00 NR Aa2 10/16/202 10/29/202 75,000.00 0.70 219.38 75,000.00 71,175.00 MD ST TXBL GO BONDSDTD 08/05/2020 0.510% 08/01/2024
574193TQ1 100,000.00 AAA Aaa 7/23/2020 8/5/2020 99,972.00 0.52 212.50 99,985.36 95,060.00 MS ST TXBL GO BONDSDTD 08/06/2020 0.565% 11/01/2024
605581MZ7 20,000.00 AA Aa2 7/24/2020 8/6/2020 20,000.00 0.57 18.83 20,000.00 18,647.20 NY ST URBAN DEV CORP TXBL REVBONDSDTD 12/23/2020 0.870% 03/15/2025 650036DT0 165,000.00 AA+ NR 12/16/202 12/23/202 165,000.00 0.87 422.68 165,000.00 153,565.50 FL ST BOARD OF ADMIN TXBL REVBONDSDTD 09/16/2020 1.258% 07/01/2025 341271AD6 60,000.00 AA Aa3 9/3/2020 9/16/2020 60,424.20 1.11 377.40 60,265.82 56,238.00 33
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Municipal
FL ST BOARD OF ADMIN TXBL REVBONDSDTD 09/16/2020 1.258% 07/01/2025 341271AD6 155,000.00 AA Aa3 9/3/2020 9/16/2020 155,000.00 1.26 974.95 155,000.00 145,281.50 FL ST BOARD OF ADMIN TXBL REVBONDSDTD 09/16/2020 1.258% 07/01/2025 341271AD6 75,000.00 AA Aa3 9/3/2020 9/16/2020 75,497.25 1.12 471.75 75,311.60 70,297.50 MN ST TXBL GO BONDSDTD 08/25/2020 0.630% 08/01/2025
60412AVJ9 55,000.00 AAA Aa1 8/11/2020 8/25/2020 55,000.00 0.63 144.38 55,000.00 50,684.70 LOS ANGELES CCD, CA TXBL GOBONDSDTD 11/10/2020 0.773% 08/01/2025 54438CYK2 70,000.00 AA+ Aaa 10/30/202 11/10/2020 70,000.00 0.77 225.46 70,000.00 64,806.00 SAN RAMON VALLEY USD, CA TXBLGO BONDSDTD 10/20/2020 0.740% 08/01/2025 799408Z85 70,000.00 AA+ Aa1 10/2/2020 10/20/202 70,000.00 0.74 215.83 70,000.00 64,667.40 CT ST TXBL GO BONDSDTD 09/13/2018 3.743% 09/15/2025
20772KEW5 115,000.00 A+ Aa3 11/17/2020 11/19/2020 130,827.45 0.83 1,267.42 125,533.66 116,319.05 LOS ANGELES USD, CA TXBL GOBONDSDTD 11/10/2021 1.455% 07/01/2026 544647FC9 50,000.00 NR Aa3 10/28/202 11/10/2021 50,000.00 1.46 363.75 50,000.00 46,337.00 Security Type Sub-Total 1,570,000.00 1,586,669.50 1.08 8,422.86 1,581,081.58 1,496,937.05 Joint Powers Authority
CAMP Pool 148,964.73 AAAm NR 148,964.73 0.00 148,964.73 148,964.73Security Type Sub-Total 148,964.73 148,964.73 0.00 148,964.73 148,964.73 Federal Agency
FREDDIE MAC NOTESDTD 09/04/2020 0.250% 09/08/2023
3137EAEW5 135,000.00 AA+ Aaa 9/2/2020 9/4/2020 134,955.45 0.26 105.94 134,982.41 130,770.18 FEDERAL HOME LOAN BANK NOTESDTD 04/16/2020 0.500% 04/14/2025 3130AJHU6 135,000.00 AA+ Aaa 4/15/2020 4/16/2020 134,330.40 0.60 144.38 134,626.29 125,735.76 FREDDIE MAC NOTESDTD 07/23/2020 0.375% 07/21/2025
3137EAEU9 100,000.00 AA+ Aaa 7/21/2020 7/23/2020 99,502.00 0.48 166.67 99,695.30 92,142.50 34
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Federal Agency
FANNIE MAE NOTESDTD 08/27/2020 0.375% 08/25/2025
3135G05X7 250,000.00 AA+ Aaa 8/28/2020 9/1/2020 249,237.50 0.44 328.13 249,517.52 229,777.75 FREDDIE MAC NOTESDTD 09/25/2020 0.375% 09/23/2025
3137EAEX3 215,000.00 AA+ Aaa 9/23/2020 9/25/2020 214,352.85 0.44 219.48 214,581.34 197,324.85 FANNIE MAE NOTESDTD 11/12/2020 0.500% 11/07/2025
3135G06G3 360,000.00 AA+ Aaa 12/3/2020 12/4/2020 359,838.00 0.51 270.00 359,889.69 330,437.52 FANNIE MAE NOTESDTD 11/12/2020 0.500% 11/07/2025
3135G06G3 90,000.00 AA+ Aaa 11/9/2020 11/12/2020 89,677.80 0.57 67.50 89,783.25 82,609.38 Security Type Sub-Total 1,285,000.00 1,281,894.00 0.47 1,302.10 1,283,075.80 1,188,797.94 Corporate
AMERICAN HONDA FINANCE
DTD 01/10/2020 1.950% 05/10/2023
02665WDH1 115,000.00 A- A3 1/7/2020 1/10/2020 114,957.45 1.96 317.69 114,989.05 113,766.63 PACCAR FINANCIAL CORPCORPORATE NOTESDTD 06/08/2020 0.800% 06/08/2023 69371RQ82 70,000.00 A+ A1 6/1/2020 6/8/2020 69,902.70 0.85 35.78 69,969.61 68,560.03 JOHN DEERE CAPITAL CORPCORPORATE NOTESDTD 06/04/2020 0.700% 07/05/2023 24422EVH9 40,000.00 A A2 6/1/2020 6/4/2020 39,967.20 0.73 136.89 39,989.25 39,091.88
ABBOTT LABORATORIES CORP
NOTESDTD 11/22/2016 3.400% 11/30/2023
002824BE9 125,000.00 AA- A1 3/6/2020 3/10/2020 135,191.25 1.16 365.97 128,577.53 125,536.75 CHARLES SCHWAB CORP NOTES(CALLABLE)DTD 03/18/2021 0.750% 03/18/2024 808513BN4 50,000.00 A A2 3/16/2021 3/18/2021 49,975.00 0.77 107.29 49,985.72 47,961.05 COMCAST CORP (CALLABLE)CORPORATE NOTESDTD 10/05/2018 3.700% 04/15/2024 20030NCR0 120,000.00 A- A3 5/7/2020 5/11/2020 131,456.40 1.20 937.33 125,083.57 120,342.96 AMAZON.COM INC CORPORATE
NOTESDTD 05/12/2021 0.450% 05/12/2024
023135BW5 95,000.00 AA A1 5/10/2021 5/12/2021 94,861.30 0.50 58.19 94,913.82 90,313.08 BURLINGTN NORTH SANTA FE CORPNOTESDTD 08/18/2014 3.400% 09/01/2024 12189LAT8 125,000.00 AA- A3 2/24/2020 2/26/2020 134,100.00 1.72 1,416.67 129,376.17 124,774.13 35
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Corporate
JOHN DEERE CAPITAL CORPCORPORATE NOTESDTD 09/10/2021 0.625% 09/10/2024 24422EVU0 40,000.00 A A2 9/7/2021 9/10/2021 39,974.00 0.65 77.08 39,980.97 37,749.92 JPMORGAN CHASE & COCORPORATE NOTES (CALDTD 09/16/2020 0.653% 09/16/2024 46647PBS4 25,000.00 A- A2 9/9/2020 9/16/2020 25,000.00 0.65 47.61 25,000.00 24,025.38 BANK OF NY MELLON CORPDTD 10/24/2019 2.100% 10/24/2024
06406RAL1 45,000.00 A A1 1/21/2020 1/28/2020 45,198.00 2.00 175.88 45,096.77 43,603.34 CITIGROUP INC CORPORATE NOTESDTD 10/30/2020 0.776% 10/30/2024 172967MT5 125,000.00 BBB+ A3 10/23/202 10/30/202 125,000.00 0.78 164.36 125,000.00 119,145.63 PNC BANK NA CORP NOTES(CALLABLE)DTD 11/01/2019 2.200% 11/01/2024 693475AY1 125,000.00 A- A3 11/5/2019 11/8/2019 124,958.75 2.21 458.33 124,980.64 121,145.50 CATERPILLAR FINL SERVICEDTD 11/08/2019 2.150% 11/08/2024 14913Q3B3 160,000.00 A A2 1/9/2020 1/13/2020 160,355.20 2.10 506.44 160,173.67 155,243.84 TOYOTA MOTOR CREDIT CORPCORPORATE NOTESDTD 01/13/2022 1.450% 01/13/2025 89236TJT3 75,000.00 A+ A1 1/10/2022 1/13/2022 74,899.50 1.50 507.50 74,915.00 71,070.75 NOVARTIS CAPITAL CORPDTD 02/14/2020 1.750% 02/14/2025
66989HAP3 150,000.00 AA- A1 2/18/2020 2/20/2020 150,316.50 1.71 998.96 150,164.08 144,642.60 HOME DEPOT INC (CALLABLE)CORPORATE NOTEDTD 03/28/2022 2.700% 04/15/2025 437076CM2 15,000.00 A A2 3/24/2022 3/28/2022 14,973.75 2.76 104.63 14,975.99 14,680.64 BANK OF NY MELLON CORP(CALLABLE) CORP NDTD 04/26/2022 3.350% 04/25/2025 06406RBC0 150,000.00 A A1 4/19/2022 4/26/2022 149,979.00 3.36 907.29 149,980.27 148,304.40 CHEVRON CORP (CALLABLE) NOTESDTD 05/11/2020 1.554% 05/11/2025 166764BW9 120,000.00 AA- Aa2 5/13/2020 5/15/2020 120,595.20 1.45 259.00 120,337.12 113,774.52 GENERAL DYNAMICS CORP(CALLABLE) CORP NODTD 05/11/2018 3.500% 05/15/2025 369550BG2 125,000.00 A- A3 3/4/2021 3/8/2021 138,015.00 0.96 559.03 133,759.41 124,645.38 JPMORGAN CHASE & CO (CALLABLE)CORP NOTEDTD 06/01/2021 0.824% 06/01/2025 46647PCH7 95,000.00 A- A2 5/24/2021 6/1/2021 95,000.00 0.82 65.23 95,000.00 88,863.19 36
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Corporate
NATIONAL RURAL UTIL COOPCORPORATE NOTESDTD 05/04/2022 3.450% 06/15/2025 63743HFE7 35,000.00 A- A2 4/27/2022 5/4/2022 34,990.55 3.46 191.19 34,991.03 34,800.89 BANK OF AMERICA CORP NOTESDTD 07/30/2015 3.875% 08/01/2025 06051GFS3 100,000.00 A- A2 8/28/2020 9/1/2020 114,224.00 0.91 1,614.58 108,930.61 99,449.80 MORGAN STANLEY CORP NOTES(CALLABLE)DTD 10/19/2021 1.164% 10/21/2025 61747YEG6 75,000.00 A- A1 10/14/202 10/19/202 75,000.00 1.16 169.75 75,000.00 69,393.60 CITIGROUP INC CORP NOTES(CALLABLE)DTD 01/25/2022 2.014% 01/25/2026 17327CAN3 25,000.00 BBB+ A3 1/18/2022 1/25/2022 25,000.00 2.01 218.18 25,000.00 23,436.30 GOLDMAN SACHS GROUP INCCORPORATE NOTESDTD 02/12/2021 0.855% 02/12/2026 38141GXS8 125,000.00 BBB+ A2 2/12/2021 2/17/2021 125,255.00 0.81 412.66 125,185.12 113,736.75
ASTRAZENECA FINANCE LLC
(CALLABLE) CORPDTD 05/28/2021 1.200% 05/28/2026
04636NAA1 125,000.00 A- A3 7/15/2021 7/19/2021 125,132.50 1.18 137.50 125,106.14 112,792.75 TOYOTA MOTOR CREDIT CORPCORPORATE NOTESDTD 06/18/2021 1.125% 06/18/2026 89236TJK2 75,000.00 A+ A1 9/8/2021 9/13/2021 74,833.50 1.17 30.47 74,861.36 67,782.15
AMERICAN HONDA FINANCE
CORPORATE NOTESDTD 09/09/2021 1.300% 09/09/2026
02665WDZ1 200,000.00 A- A3 11/29/2021 12/1/2021 197,044.00 1.62 808.89 197,403.54 180,096.00 CATERPILLAR FINL SERVICECORPORATE NOTESDTD 09/14/2021 1.150% 09/14/2026 14913R2Q9 200,000.00 A A2 11/29/2021 12/1/2021 196,978.00 1.48 683.61 197,344.51 180,271.40
AMERICAN EXPRESS CO (CALLABLE)
CORPORATEDTD 11/04/2021 1.650% 11/04/2026
025816CM9 200,000.00 BBB+ A2 11/29/2021 12/1/2021 199,538.00 1.70 522.50 199,592.44 181,306.00 JOHN DEERE CAPITAL CORPCORPORATE NOTESDTD 01/10/2022 1.700% 01/11/2027 24422EWA3 125,000.00 A A2 1/11/2022 1/13/2022 124,295.00 1.82 1,009.37 124,360.32 113,951.00 TARGET CORP CORPORATE NOTESDTD 01/24/2022 1.950% 01/15/2027 87612EBM7 30,000.00 A A2 1/19/2022 1/24/2022 29,949.00 1.99 255.12 29,953.43 27,776.31 37
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Corporate
TARGET CORP CORPORATE NOTESDTD 01/24/2022 1.950% 01/15/2027 87612EBM7 100,000.00 A A2 1/21/2022 1/25/2022 100,219.00 1.90 850.42 100,200.07 92,587.70 BANK OF NY MELLON CORP(CALLABLE) CORPORDTD 01/26/2022 2.050% 01/26/2027 06406RBA4 100,000.00 A A1 1/26/2022 1/28/2022 100,121.00 2.02 882.64 100,110.61 91,776.70 IBM CORP CORPORATE NOTESDTD 02/09/2022 2.200% 02/09/2027 459200KM2 160,000.00 A- A3 2/23/2022 2/25/2022 158,025.60 2.47 1,388.44 158,163.04 148,110.56 HONEYWELL INTERNATIONAL(CALLABLE) CORPDTD 08/16/2021 1.100% 03/01/2027 438516CE4 100,000.00 A A2 3/1/2022 3/3/2022 95,328.00 2.09 366.67 95,635.37 88,813.50 TRUIST FINANCIAL CORP NOTES(CALLABLE)DTD 03/02/2021 1.267% 03/02/2027 89788MAD4 160,000.00 A- A3 3/10/2022 3/14/2022 150,336.00 2.57 670.10 150,916.69 143,871.36 NORTHERN TRUST CORP NOTE(CALLABLE)DTD 05/10/2022 4.000% 05/10/2027 665859AW4 100,000.00 A+ A2 5/10/2022 5/12/2022 100,966.00 3.79 566.67 100,939.08 100,525.60 UNITEDHEALTH GROUP INCCORPORATE NOTESDTD 05/20/2022 3.700% 05/15/2027 91324PEG3 120,000.00 A+ A3 6/2/2022 6/6/2022 120,979.20 3.52 505.66 120,965.63 119,893.20 UNITEDHEALTH GROUP INCCORPORATE NOTESDTD 05/20/2022 3.700% 05/15/2027 91324PEG3 30,000.00 A+ A3 5/17/2022 5/20/2022 29,983.80 3.71 126.42 29,984.17 29,973.30 Security Type Sub-Total 4,175,000.00 4,212,874.35 1.75 19,617.99 4,186,891.80 3,957,586.47 Agency CMBS
FHLMC MULTIFAMILY STRUCTURED PDTD 12/01/2012 2.355% 07/01/2022 3137AVXN2 24,724.13 AA+ Aaa 3/28/2019 4/2/2019 24,627.55 2.48 48.52 24,724.13 24,724.13 FHLMC MULTIFAMILY STRUCTURED PDTD 05/01/2013 2.510% 11/01/2022 3137B1BS0 138,598.30 AA+ Aaa 6/12/2019 6/17/2019 139,811.04 2.24 289.90 138,719.28 138,080.67 FANNIEMAE-ACESDTD 02/01/2013 2.509% 11/01/2022
3136ACGJ4 32,956.40 AA+ Aaa 6/24/2019 6/27/2019 33,363.21 2.13 68.89 32,997.31 32,956.40 FNA 2013-M7 A2DTD 05/01/2013 2.280% 12/01/2022
3136AEGQ4 19,520.89 AA+ Aaa 9/11/2019 9/16/2019 19,642.52 2.08 37.09 19,536.77 19,458.50 38
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Holdings
|
Security Type/DescriptionDated Date/Coupon/Maturity CUSIP Par S&P
Rating
Moody's
Rating
Settle
Date
Original
Cost
Trade
Date
YTM
at Cost
Accrued
Interest
Market
Value
Amortized
Cost
Agency CMBS
FNA 2013-M7 A2DTD 05/01/2013 2.280% 12/01/2022
3136AEGQ4 25,262.32 AA+ Aaa 9/4/2019 9/9/2019 25,593.27 1.86 48.00 25,305.27 25,181.59 FHMS KP05 ADTD 12/01/2018 3.203% 07/01/2023
3137FKK39 2,111.73 AA+ Aaa 12/7/2018 12/17/201 2,111.72 3.20 5.64 2,111.73 2,098.70 FHMS K724 A2DTD 01/01/2017 3.062% 11/01/2023
3137BTU25 85,000.00 AA+ Aaa 1/28/2021 2/2/2021 90,740.82 0.58 216.89 87,795.93 84,453.82 FANNIEMAE-ACESDTD 04/01/2014 3.346% 03/01/2024
3136AJB54 69,164.99 AA+ Aaa 12/13/201 12/18/201 72,525.97 2.14 192.86 70,498.43 68,836.57 FHMS KJ27 A1DTD 11/01/2019 2.092% 07/01/2024
3137FQ3V3 4,106.55 AA+ Aaa 11/20/2019 11/26/2019 4,106.45 2.09 7.16 4,106.51 4,096.51 FHLMC MULTIFAMILY STRUCTUREDPOOLDTD 11/01/2017 3.064% 08/01/2024 3137FBTA4 196,504.11 AA+ Aaa 5/25/2022 5/31/2022 196,765.10 3.00 501.74 196,754.90 195,204.12 FHMS K043 A2DTD 03/01/2015 3.062% 12/01/2024
3137BGK24 120,000.00 AA+ Aaa 3/19/2020 3/25/2020 125,943.75 1.95 306.20 123,069.09 119,456.31 Security Type Sub-Total 717,949.42 735,231.40 2.18 1,722.89 725,619.35 714,547.32 Managed Account Sub Total 21,457,949.42 21,627,302.26 73,674.39 20,477,858.00Securities Sub TotalAccrued Interest $21,606,914.15 $21,776,266.99 $73,674.39 $20,626,822.73 $73,674.39
21,505,159.85
$21,654,124.58
1.10 1.10%
Total Investments $20,700,497.12
39
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
BUY4/1/2022 4/5/2022 120,000.00 91282CDZ1 US TREASURY N/B NOTES 1.50% 2/15/2025 116,498.34 2.64%4/19/2022 4/26/2022 150,000.00 06406RBC0 BANK OF NY MELLON CORP (CALLABLE) CORP N 3.35% 4/25/2025 149,979.00 3.35%4/27/2022 5/4/2022 35,000.00 63743HFE7 NATIONAL RURAL UTIL COOP CORPORATE NOTES 3.45% 6/15/2025 34,990.55 3.46%5/2/2022 5/4/2022 250,000.00 9128282A7 US TREASURY NOTES 1.50% 8/15/2026 235,661.53 3.02%5/10/2022 5/12/2022 100,000.00 665859AW4 NORTHERN TRUST CORP NOTE (CALLABLE) 4.00% 5/10/2027 100,988.22 3.79%5/17/2022 5/20/2022 30,000.00 91324PEG3 UNITEDHEALTH GROUP INC CORPORATE NOTES 3.70% 5/15/2027 29,983.80 3.71%5/25/2022 5/31/2022 196,733.07 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 197,496.69 3.00%6/2/2022 6/6/2022 120,000.00 91324PEG3 UNITEDHEALTH GROUP INC CORPORATE NOTES 3.70% 5/15/2027 121,176.53 3.52%6/2/2022 6/6/2022 310,000.00 912828V98 US TREASURY NOTES 2.25% 2/15/2027 302,802.41 2.94% Total BUY 1,311,733.07 1,289,577.07 0.00
INTEREST3/1/2022 4/14/2022 150,000.00 3137B1BS0 FHLMC MULTIFAMILY STRUCTURED P 2.51% 11/1/2022 313.754/1/2022 4/25/2022 71,244.53 3136ACGJ4 FANNIEMAE-ACES 2.50% 11/1/2022 150.524/1/2022 4/25/2022 64,767.01 3137BLUR7 FHLMC MULTIFAMILY STRUCTURED P 2.71% 6/1/2022 145.754/1/2022 4/25/2022 120,000.00 3137BGK24 FHMS K043 A2 3.06% 12/1/2024 306.204/1/2022 4/25/2022 124,758.86 3137AVXN2 FHLMC MULTIFAMILY STRUCTURED P 2.35% 7/1/2022 244.844/1/2022 4/25/2022 58,245.18 3136AEGQ4 FNA 2013-M7 A2 2.28% 12/1/2022 118.67 40
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST4/1/2022 4/25/2022 13,137.89 3137FQ3V3 FHMS KJ27 A1 2.09% 7/1/2024 22.904/1/2022 4/25/2022 85,000.00 3137BTU25 FHMS K724 A2 3.06% 11/1/2023 216.894/1/2022 4/25/2022 149,822.49 3137B1BS0 FHLMC MULTIFAMILY STRUCTURED P 2.51% 11/1/2022 313.384/1/2022 4/25/2022 2,128.81 3137FKK39 FHMS KP05 A 3.20% 7/1/2023 5.684/1/2022 4/25/2022 2,319.71 3137B1UF7 FHLMC MULTIFAMILY STRUCTURED 1.78% 9/1/2022 3.454/1/2022 4/25/2022 84,661.63 3136AJB54 FANNIEMAE-ACES 3.34% 3/1/2024 277.954/14/2022 4/14/2022 135,000.00 3130AJHU6 FEDERAL HOME LOAN BANK NOTES 0.50% 4/14/2025 337.504/15/2022 4/15/2022 120,000.00 20030NCR0 COMCAST CORP (CALLABLE) CORPORATE NOTES 3.70% 4/15/2024 2,220.004/21/2022 4/21/2022 75,000.00 61747YEG6 MORGAN STANLEY CORP NOTES (CALLABLE) 1.16% 10/21/2025 441.354/24/2022 4/24/2022 45,000.00 06406RAL1 BANK OF NY MELLON CORP 2.10% 10/24/2024 472.504/30/2022 4/30/2022 200,000.00 9128283D0 US TREASURY NOTES 2.25% 10/31/2024 2,250.004/30/2022 4/30/2022 400,000.00 912828X70 US TREASURY NOTES 2.00% 4/30/2024 4,000.004/30/2022 4/30/2022 125,000.00 172967MT5 CITIGROUP INC CORPORATE NOTES 0.77% 10/30/2024 485.004/30/2022 4/30/2022 200,000.00 912828YQ7 US TREASURY NOTES 1.62% 10/31/2026 1,625.004/30/2022 4/30/2022 785,000.00 91282CAT8 US TREASURY NOTES 0.25% 10/31/2025 981.255/1/2022 5/25/2022 650.60 3137B1UF7 FHLMC MULTIFAMILY STRUCTURED 1.78% 9/1/2022 0.975/1/2022 5/1/2022 125,000.00 693475AY1 PNC BANK NA CORP NOTES (CALLABLE) 2.20% 11/1/2024 1,375.00 41
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST5/1/2022 5/1/2022 100,000.00 797412DL4 SAN DEIGO CNTY WTR AUTH, CA TXBL REV BON 0.59% 5/1/2024 296.505/1/2022 5/1/2022 20,000.00 605581MZ7 MS ST TXBL GO BONDS 0.56% 11/1/2024 56.505/1/2022 5/25/2022 79,629.18 3136AJB54 FANNIEMAE-ACES 3.34% 3/1/2024 270.345/1/2022 5/25/2022 100,705.53 3137AVXN2 FHLMC MULTIFAMILY STRUCTURED P 2.35% 7/1/2022 197.635/1/2022 5/25/2022 120,000.00 3137BGK24 FHMS K043 A2 3.06% 12/1/2024 306.205/1/2022 5/25/2022 13,086.29 3137FQ3V3 FHMS KJ27 A1 2.09% 7/1/2024 29.125/1/2022 5/25/2022 57,272.05 3136ACGJ4 FANNIEMAE-ACES 2.50% 11/1/2022 119.725/1/2022 5/25/2022 52,016.05 3136AEGQ4 FNA 2013-M7 A2 2.28% 12/1/2022 100.445/1/2022 5/1/2022 40,000.00 713448EY0 PEPSICO INC CORPORATE NOTES 0.75% 5/1/2023 150.005/1/2022 5/25/2022 85,000.00 3137BTU25 FHMS K724 A2 3.06% 11/1/2023 216.895/1/2022 5/25/2022 146,342.50 3137B1BS0 FHLMC MULTIFAMILY STRUCTURED P 2.51% 11/1/2022 306.105/1/2022 5/25/2022 12,021.29 3137BLUR7 FHLMC MULTIFAMILY STRUCTURED P 2.71% 6/1/2022 27.215/1/2022 5/25/2022 2,123.27 3137FKK39 FHMS KP05 A 3.20% 7/1/2023 5.675/4/2022 5/4/2022 200,000.00 025816CM9 AMERICAN EXPRESS CO (CALLABLE) CORPORATE 1.65% 11/4/2026 1,650.005/7/2022 5/7/2022 450,000.00 3135G06G3 FANNIE MAE NOTES 0.50% 11/7/2025 1,125.005/8/2022 5/8/2022 160,000.00 14913Q3B3 CATERPILLAR FINL SERVICE 2.15% 11/8/2024 1,720.005/10/2022 5/10/2022 115,000.00 02665WDH1 AMERICAN HONDA FINANCE 1.95% 5/10/2023 1,121.25 42
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST5/11/2022 5/11/2022 120,000.00 166764BW9 CHEVRON CORP (CALLABLE) NOTES 1.55% 5/11/2025 932.405/12/2022 5/12/2022 95,000.00 023135BW5 AMAZON.COM INC CORPORATE NOTES 0.45% 5/12/2024 213.755/15/2022 5/15/2022 125,000.00 369550BG2 GENERAL DYNAMICS CORP (CALLABLE) CORP NO 3.50% 5/15/2025 2,187.505/15/2022 5/15/2022 395,000.00 912828ZP8 US TREASURY NOTES 0.12% 5/15/2023 246.885/24/2022 5/24/2022 80,000.00 4581X0DM7 INTER-AMERICAN DEVEL BK NOTES 0.50% 5/24/2023 200.005/24/2022 5/24/2022 115,000.00 459058JM6 INTL BK RECON & DEVELOP NOTES 0.25% 11/24/2023 143.755/28/2022 5/28/2022 125,000.00 04636NAA1 ASTRAZENECA FINANCE LLC (CALLABLE) CORP 1.20% 5/28/2026 750.005/30/2022 5/30/2022 125,000.00 002824BE9 ABBOTT LABORATORIES CORP NOTES 3.40% 11/30/2023 2,125.005/31/2022 5/31/2022 300,000.00 91282CDM0 US TREASURY N/B NOTES 0.50% 11/30/2023 750.005/31/2022 5/31/2022 1,070,000.00 91282CCF6 US TREASURY N/B NOTES 0.75% 5/31/2026 4,012.505/31/2022 5/31/2022 150,000.00 91282CDK4 US TREASURY N/B NOTES 1.25% 11/30/2026 937.506/1/2022 6/25/2022 2,117.33 3137FKK39 FHMS KP05 A 3.20% 7/1/2023 5.656/1/2022 6/25/2022 120,000.00 3137BGK24 FHMS K043 A2 3.06% 12/1/2024 306.206/1/2022 6/25/2022 85,000.00 3137BTU25 FHMS K724 A2 3.06% 11/1/2023 216.896/1/2022 6/25/2022 92,347.23 3137AVXN2 FHLMC MULTIFAMILY STRUCTURED P 2.35% 7/1/2022 181.236/1/2022 6/25/2022 145,960.33 3137B1BS0 FHLMC MULTIFAMILY STRUCTURED P 2.51% 11/1/2022 308.016/1/2022 6/25/2022 42,142.00 3136ACGJ4 FANNIEMAE-ACES 2.50% 11/1/2022 88.10 43
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
INTEREST6/1/2022 6/1/2022 95,000.00 46647PCH7 JPMORGAN CHASE & CO (CALLABLE) CORP NOTE 0.82% 6/1/2025 391.406/1/2022 6/25/2022 11,275.31 3137FQ3V3 FHMS KJ27 A1 2.09% 7/1/2024 19.666/1/2022 6/25/2022 196,733.07 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 502.336/1/2022 6/25/2022 71,803.62 3136AJB54 FANNIEMAE-ACES 3.34% 3/1/2024 213.566/1/2022 6/25/2022 48,912.36 3136AEGQ4 FNA 2013-M7 A2 2.28% 12/1/2022 92.936/8/2022 6/8/2022 70,000.00 69371RQ82 PACCAR FINANCIAL CORP CORPORATE NOTES 0.80% 6/8/2023 280.006/18/2022 6/18/2022 75,000.00 89236TJK2 TOYOTA MOTOR CREDIT CORP CORPORATE NOTES 1.12% 6/18/2026 421.886/30/2022 6/30/2022 185,000.00 912828V23 US TREASURY NOTES 2.25% 12/31/2023 2,081.256/30/2022 6/30/2022 800,000.00 9128284U1 US TREASURY NOTES 2.62% 6/30/2023 10,500.006/30/2022 6/30/2022 245,000.00 91282CDQ1 US TREASURY N/B NOTES 1.25% 12/31/2026 1,531.256/30/2022 6/30/2022 545,000.00 91282CBC4 US TREASURY NOTES 0.37% 12/31/2025 1,021.886/30/2022 6/30/2022 175,000.00 91282CDR9 US TREASURY N/B NOTES 0.75% 12/31/2023 656.256/30/2022 6/30/2022 350,000.00 91282CCJ8 US TREASURY N/B NOTES 0.87% 6/30/2026 1,531.25 Total INTEREST 10,946,224.12 56,856.12 0.00
MATURITY4/1/2022 4/1/2022 3,185.73 3137AWQG3 FHMS K023 A1 1.58% 4/1/2022 3,189.93 44
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
MATURITY5/11/2022 5/11/2022 40,000.00 539830BE8 LOCKHEED MARTIN CORP NOTES (CALLED,OMD 3 2.90% 5/11/2022 40,225.56 Total MATURITY 43,185.73 43,415.49 0.00
PAYDOWNS4/1/2022 4/25/2022 5,032.45 3136AJB54 FANNIEMAE-ACES 3.34% 3/1/2024 5,032.454/1/2022 4/25/2022 1,669.11 3137B1UF7 FHLMC MULTIFAMILY STRUCTURED 1.78% 9/1/2022 1,669.114/1/2022 4/25/2022 52,374.09 3137BLUR7 FHLMC MULTIFAMILY STRUCTURED P 2.71% 6/1/2022 52,374.094/1/2022 4/25/2022 24,053.33 3137AVXN2 FHLMC MULTIFAMILY STRUCTURED P 2.35% 7/1/2022 24,053.334/1/2022 4/25/2022 3,513.87 3136AEGQ4 FNA 2013-M7 A2 2.28% 12/1/2022 3,513.874/1/2022 4/25/2022 3,479.99 3137B1BS0 FHLMC MULTIFAMILY STRUCTURED P 2.51% 11/1/2022 3,479.994/1/2022 4/25/2022 5.54 3137FKK39 FHMS KP05 A 3.20% 7/1/2023 5.544/1/2022 4/25/2022 51.60 3137FQ3V3 FHMS KJ27 A1 2.09% 7/1/2024 51.604/1/2022 4/25/2022 371.63 3137BLUR7 FHLMC MULTIFAMILY STRUCTURED P 2.71% 6/1/2022 371.634/1/2022 4/25/2022 2,715.26 3136AEGQ4 FNA 2013-M7 A2 2.28% 12/1/2022 2,715.264/1/2022 4/25/2022 13,972.48 3136ACGJ4 FANNIEMAE-ACES 2.50% 11/1/2022 13,972.485/1/2022 5/25/2022 15,130.05 3136ACGJ4 FANNIEMAE-ACES 2.50% 11/1/2022 15,130.055/1/2022 5/25/2022 7,825.56 3136AJB54 FANNIEMAE-ACES 3.34% 3/1/2024 7,825.565/1/2022 5/25/2022 1,810.98 3137FQ3V3 FHMS KJ27 A1 2.09% 7/1/2024 1,810.98 45
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
PAYDOWNS5/1/2022 5/25/2022 382.17 3137B1BS0 FHLMC MULTIFAMILY STRUCTURED P 2.51% 11/1/2022 382.175/1/2022 5/25/2022 650.60 3137B1UF7 FHLMC MULTIFAMILY STRUCTURED 1.78% 9/1/2022 650.605/1/2022 5/25/2022 12,021.29 3137BLUR7 FHLMC MULTIFAMILY STRUCTURED P 2.71% 6/1/2022 12,021.295/1/2022 5/25/2022 1,352.89 3136AEGQ4 FNA 2013-M7 A2 2.28% 12/1/2022 1,352.895/1/2022 5/25/2022 5.94 3137FKK39 FHMS KP05 A 3.20% 7/1/2023 5.945/1/2022 5/25/2022 8,358.30 3137AVXN2 FHLMC MULTIFAMILY STRUCTURED P 2.35% 7/1/2022 8,358.305/1/2022 5/25/2022 1,750.80 3136AEGQ4 FNA 2013-M7 A2 2.28% 12/1/2022 1,750.806/1/2022 6/25/2022 67,623.10 3137AVXN2 FHLMC MULTIFAMILY STRUCTURED P 2.35% 7/1/2022 67,623.106/1/2022 6/25/2022 2,638.63 3136AJB54 FANNIEMAE-ACES 3.34% 3/1/2024 2,638.636/1/2022 6/25/2022 228.96 3137FBTA4 FHLMC MULTIFAMILY STRUCTURED POOL 3.06% 8/1/2024 228.966/1/2022 6/25/2022 5.60 3137FKK39 FHMS KP05 A 3.20% 7/1/2023 5.606/1/2022 6/25/2022 9,185.60 3136ACGJ4 FANNIEMAE-ACES 2.50% 11/1/2022 9,185.606/1/2022 6/25/2022 7,168.76 3137FQ3V3 FHMS KJ27 A1 2.09% 7/1/2024 7,168.766/1/2022 6/25/2022 7,362.03 3137B1BS0 FHLMC MULTIFAMILY STRUCTURED P 2.51% 11/1/2022 7,362.036/1/2022 6/25/2022 2,329.26 3136AEGQ4 FNA 2013-M7 A2 2.28% 12/1/2022 2,329.266/1/2022 6/25/2022 1,799.89 3136AEGQ4 FNA 2013-M7 A2 2.28% 12/1/2022 1,799.89 Total PAYDOWNS 254,869.76 254,869.76 0.00
46
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Portfolio Activity
|
Quarterly Portfolio Transactions
Trade
Date
Settle
Date Par ($) CUSIP
Maturity
Date
Transact
Coupon Amount ($)
Yield
at Market
Realized
Security Description G/L (BV)
SELL4/1/2022 4/5/2022 75,000.00 912828Z29 US TREASURY NOTES 1.50% 1/15/2023 75,195.89 -145.934/20/2022 4/26/2022 130,000.00 3130AJ7E3 FEDERAL HOME LOAN BANKS NOTES 1.37% 2/17/2023 129,892.80 -384.745/3/2022 5/4/2022 160,000.00 23341VZT1 DNB BANK ASA/NY LT CD 2.04% 12/2/2022 161,331.81 -55.395/10/2022 5/12/2022 40,000.00 713448EY0 PEPSICO INC CORPORATE NOTES 0.75% 5/1/2023 39,433.17 -550.405/10/2022 5/12/2022 20,000.00 00724PAA7 ADOBE INC CORP NOTE 1.70% 2/1/2023 20,030.39 -58.365/17/2022 5/20/2022 30,000.00 91324PCC4 UNITEDHEALTH GROUP INC CORP NOTES 2.87% 3/15/2023 30,291.03 -54.345/25/2022 5/31/2022 145,000.00 9128283U2 US TREASURY NOTES 2.37% 1/31/2023 146,764.62 -155.336/2/2022 6/6/2022 120,000.00 91324PCC4 UNITEDHEALTH GROUP INC CORP NOTES 2.87% 3/15/2023 121,207.05 -284.636/2/2022 6/6/2022 100,000.00 912828ZP8 US TREASURY NOTES 0.12% 5/15/2023 98,073.88 -1,928.916/2/2022 6/6/2022 80,000.00 4581X0DM7 INTER-AMERICAN DEVEL BK NOTES 0.50% 5/24/2023 78,595.73 -1,409.096/2/2022 6/6/2022 110,000.00 9128284A5 US TREASURY NOTES 2.62% 2/28/2023 111,297.47 -331.20 Total SELL 1,010,000.00 1,012,113.84 -5,358.32
47
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Appendix
|
Important Disclosures
This material is for general information purposes only and is not intended to provide specific advice or a specific recommendation, as it was prepared without regard to any specific objectives or financial circumstances.Investment advisory services are provided by PFM Asset Management LLC ("PFMAM"), an investment adviser registered with the U.S. Securities and Exchange Commission and a subsidiary of U.S. Bancorp Asset Management, Inc. ("USBAM"). USBAM is a subsidiary of U.S. Bank National Association ("U.S. Bank"). U.S. Bankis a separate entity and subsidiary of U.S. Bancorp. U.S. Bank is not responsible for and does not guarantee the products, services or performance of PFMAM. The information contained is not an offer to purchase or sell any securities. Additional applicable regulatory information is available upon request.PFMAM professionals have exercised reasonable professional care in the preparation of this performance report. Information in this report is obtained from sourcesexternal to PFMAM and is generally believed to be reliable and available to the public; however, we cannot guarantee its accuracy, completeness or suitability. We rely on the client's custodian for security holdings and market values. Transaction dates reported by the custodian may differ from money manager statements. While efforts are made to ensure the data contained herein is accurate and complete, we disclaim all responsibility for any errors that may occur. References to particular issuers arefor illustrative purposes only and are not intended to be recommendations or advice regarding such issuers. Fixed income manager and index characteristics are gathered from external sources. When average credit quality is not available, it is estimated by taking the market value weights of individual credit tiers on the portion ofthe strategy rated by a NRSRO.It is not possible to invest directly in an index. The index returns shown throughout this material do not represent the results of actual trading of investor assets.
Third-party providers maintain the indices shown and calculate the index levels and performance shown or discussed. Index returns do not reflect payment of any salescharges or fees an investor would pay to purchase the securities they represent. The imposition of these fees and charges would cause investment performance to belower than the performance shown.The views expressed within this material constitute the perspective and judgment of PFMAM at the time of distribution and are subject to change. Any forecast,projection, or prediction of the market, the economy, economic trends, and equity or fixed-income markets are based upon certain assumptions and current opinion asof the date of issue and are also subject to change. Some, but not all assumptions are noted in the report. Assumptions may or may not be proven correct as actualevents occur, and results may depend on events outside of your or our control. Changes in assumptions may have a material effect on results. Opinions and datapresented are not necessarily indicative of future events or expected performance.For more information regarding PFMAM's services or entities, please visit www.pfmam.com.© 2022 PFM Asset Management LLC. Further distribution is not permitted without prior written consent. 48
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Appendix
|
Important Disclosures
This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buyor sell any fund or other security. Investors should consider the Trust's investment objectives, risks, charges, and expenses before investing in the Trust. This and otherinformation about the Trust is available in the Trust's current Information Sheet, which should be read carefully before investing. A copy of the Trust's information Statement may be available by calling 1-800-729-7665 or is available on the Trust's website at www.camponline.com. While the Trust seeks to maintain a stable net asset value of $1.00 per share, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal DepositInsurance Corporation or any other government agency. Shares of the Trust are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and Securities Investor Protection Corporation (SIPC) (www.sipc.org). PFM Fund Distributors, Inc. is an affiliate of PFM Asset Management LLC.
Market values that include accrued interest are derived from closing bid prices as of the last business day of the month as supplied by Refinitiv, Bloomberg, or Telerate. Where prices are not available from generally recognized sources, the securities are priced using a yield-based matrix system to arrive at an estimatedmarket value.
In accordance with generally accepted accounting principles, information is presented on a trade date basis; forward settling purchases are included in the monthly balances, and forward settling sales are excluded.
Performance is presented in accordance with the CFA Institute's Global Investment Performance Standards (GIPS). Unless otherwise noted, performance is showngross of fees. Quarterly returns are presented on an unannualized basis. Returns for periods greater than one year are presented on an annualized basis. Past performance is not indicative of future returns.
Bank of America/Merrill Lynch Indices provided by Bloomberg Financial Markets.Money market fund/cash balances are included in performance and duration computations.Standard & Poor's is the source of the credit ratings. Distribution of credit rating is exclusive of money market fund/LGIP holdings.Callable securities in the portfolio are included in the maturity distribution analysis to their stated maturity date, although, they may be called prior to maturity.MBS maturities are represented by expected average life. 49
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Appendix
|
Glossary
Accrued Interest: Interest that is due on a bond or other fixed income security since the last interest payment was made.Agencies: Federal agency securities and/or Government-sponsored enterprises.Amortized Cost: The original cost of the principal of the security is adjusted for the amount of the periodic reduction of any discount or premium from the purchase date until the date of the report. Discount or premium with respect to short-term securities (those with less than one year to maturity at time of issuance) is amortized on a straight line basis. Such discount or premium with respect to longer-term securities is amortized using the constant yield basis.
Asset-Backed Security: A financial instrument collateralized by an underlying pool of assets – usually ones that generate a cash flow from debt, such as loans, leases, credit card balances, and receivables.
Bankers’ Acceptance: A draft or bill or exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill as well as the insurer.Commercial Paper: An unsecured obligation issued by a corporation or bank to finance its short-term credit needs, such as accounts receivable and inventory.Contribution to Total Return: The weight of each individual security multiplied by its return, then summed for each sector to determine how much each sector addedor subtracted from the overall portfolio performance.Effective Duration: A measure of the sensitivity of a security’s price to a change in interest rates, stated in years.Effective Yield: The total yield an investor receives in relation to the nominal yield or coupon of a bond. Effective yield takes into account the power of compoundingon investment returns, while nominal yield does not.FDIC: Federal Deposit Insurance Corporation. A federal agency that insures bank deposits to a specified amount.Interest Rate: Interest per year divided by principal amount and expressed as a percentage.Market Value: The value that would be received or paid for an investment in an orderly transaction between market participants at the measurement date.Maturity: The date upon which the principal or stated value of an investment becomes due and payable.Negotiable Certificates of Deposit: A CD with a very large denomination, usually $1 million or more, that can be traded in secondary markets.Par Value: The nominal dollar face amount of a security.Pass-through Security: A security representing pooled debt obligations that passes income from debtors to its shareholders. The most common type is themortgage-backed security. 50
© PFM Asset Management LLC pfmam.com
LOS ALTOS HILLS
For the Quarter Ended June 30, 2022
Appendix
|
Glossary
Repurchase Agreements: A holder of securities sells these securities to an investor with an agreement to repurchase them at a fixed price on a fixed date.Settle Date: The date on which the transaction is settled and monies/securities are exchanged. If the settle date of the transaction (i.e., coupon payments andmaturity proceeds) occurs on a non-business day, the funds are exchanged on the next business day.Supranational: A multinational union or association in which member countries cede authority and sovereignty on at least some internal matters to the group, whosedecisions are binding on its members.Trade Date: The date on which the transaction occurred; however, the final consummation of the security transaction and payment has not yet taken place.Unsettled Trade: A trade which has been executed; however, the final consummation of the security transaction and payment has not yet taken place.U.S. Treasury: The department of the U.S. government that issues Treasury securities.Yield: The rate of return based on the current market value, the annual interest receipts, maturity value, and the time period remaining until maturity, stated as a percentage on an annualized basis.
YTM at Cost: The yield to maturity at cost is the expected rate of return based on the original cost, the annual interest receipts, maturity value, and the time periodfrom purchase date to maturity, stated as a percentage on an annualized basis.YTM at Market: The yield to maturity at market is the rate of return based on the current market value, the annual interest receipts, maturity value, and the timeperiod remaining until maturity, stated as a percentage on an annualized basis. 51
TOWN OF LOS ALTOS HILLS August 18, 2022
Staff Report to the City Council
SUBJECT: AUTHORIZATION FOR CITY MANAGER TO EXECUTE
STANDING PURCHASE ORDERS FOR FISCAL YEAR 2022-23 IN
AN AMOUNT NOT TO EXCEED $6,949,991
FROM: Sarina Revillar, Administrative Services Director APPROVED: Peter Pirnejad, City Manager
RECOMMENDATION: That the City Council:
Adopt the attached resolution authorizing the City Manager to execute purchase orders for routine supplies and services for the fiscal year 2022-23 in accordance with the adopted budget.
DISCUSSION:
Town operations require supplies and specialized services to conduct business and provide certain specialized services. The attached resolution provides the City Manager with authorization to execute purchase orders with vendors where expenses are anticipated to exceed $25,000. This resolution does not include capital project related services which the City Council considers on a case-by-case basis. In addition, this resolution does include previous non-capital project contracts and agreements that the Council individually considers through separate resolutions and authorizations.
2022 CITY COUNCIL STRATEGIC PRIORITIES:
The report was not specified as one of the Council’s priorities in 2022.
ENVIRONMENTAL REVIEW:
The Standing Purchase Order report is exempt from the California Environmental Quality Act (CEQA) pursuant to Sections 15061(b)(3) of the CEQA Guidelines.
AGENDA ITEM #4.H
S.R.
P.P.
Staff Report to City Council Page 2
Fiscal Year 2022-23 Standing Purchase Order Report
August 18, 2022
2 FISCAL IMPACT:
There is no fiscal impact on the Standing Purchase Order report. Purchase orders will be issued in an amount not exceeding an aggregate total of $6,949,991 for the fiscal year ending June 30, 2023. The expenditures were included in the City Council’s Adopted Budget for the fiscal year 2022-23.
ATTACHMENTS:
1. Resolution
2. FY 2022-23 Standing Purchase Order Vendor Listing
Prepared by: Jocelyn Misola
Resolution -22 Page 1
RESOLUTION-22
A RESOLUTION OF THE CITY COUNCIL OF THE
TOWN OF LOS ALTOS HILLS AUTHORIZING THE CITY MANAGER TO EXECUTE STANDING PURCHASE ORDERS FOR FISCAL YEAR 2022-2023 IN AN AMOUNT NOT TO EXCEED $6,949,991
WHEREAS, the City Council of the Town of Los Altos Hills approved and adopted the Operating and Capital Improvement Program Budget for the Town of Los Altos Hills for fiscal year 2022- 2023 on the 16th of June 2022; and
WHEREAS, the Town required supplies and specializes services to conduct business and augment the Town’s in-house staff for specific purposes;
WHEREAS, the budget includes appropriations to procure the services as set forth in Attachment A and attached hereto;
NOW, THEREFORE, the City Council of the Town of Los Altos Hills does hereby resolve to authorize the City Manager to execute purchase orders for fiscal year 2022-2023 in an amount not to exceed $6,949,991 in accordance with Attachment A.
The above and foregoing Resolution was passed and adopted by the City Council of the Town of Los Altos Hills at a regular City Council meeting held on 18th day of August 2022 by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
By:
George Tyson, Mayor
ATTEST:
Deborah L. Padovan, City Clerk
Attachment 1
Town of Los Altos Hills
Standing Purchase Orders
FY 2022-23
Not to
Vendor Service Exceed
Bayscape Landscape Landscape Maintenance $ 93,000
Central Square Trak-iT Subscription $ 39,000
Special Report Set Up/Consultant $ 5,000
City of Los Altos Sewer operations and maintenance $ 545,497 City of Palo Alto Sewer operations and maintenance $ 1,172,856 Regional animal control services $ 76,000
CivicPlus Website Hosting-Annual Website
Maintenance
$ 30,500
Cotton Shires & Associates Geotechnical services $ 40,000 CSG Consultants Inc Planning, building services, plan review, and building official services $ 470,000
On-Call engeneering services and Sewer
services
$ 25,000
Code enforcement services $ 138,000
Eaton & Associates IT Services $ 153,000
Government Technology Group LLC Strategic Broadband Feasibility Study for the Town
$ 95,000
Maze & Assoc. Auditing Services $ 51,700
Metropolitan Life Ins Dental Insurance $ 74,318
Meyers Nave Riback Silver & Wilson Legal services $ 295,000 Special Projects $ 30,000
Pacific Gas & Electric Gas and electric service; all town facilities $ 25,500 Pacific Preparedness LLC/Ann Hepenstal Emergency Management Services $ 90,000
RESOLUTION ATTACHMENT A
Attachment 2
Town of Los Altos Hills
Standing Purchase Orders
FY 2022-23
Not to
Vendor Service Exceed
ATTACHMENT A
Pooled Liability Assurance Net
(PLAN JPA) General Liability
$ 315,000
Purissima Hills Water District Water service, Town facilities $ 47,000 Santa Clara Co. Sheriff Department Law enforcement services $ 2,058,035.00 Supplemental Overtime Deputy Work $ 150,000
Marquette Commercial /Significant Cleaning
Janitorial services & supplies for Townhall,
Recreation and Westwind Barn
$ 36,000
Shared Agency Risk Pool (SHARP) Worker's Compensation Premium $ 81,000 Sun Life Financial Life, long term disability insurances $ 28,985 Tyler Technologies Financial system hosting fees $ 47,000 United Craftsmen Inc Publication printing $ 58,000
Victoria Dye Equestrian LLC Barn Management $ 39,600
Camps and cost-shared expenses $ 80,000
West Bay Sanitary District Sewer Maint Svcs $ 560,000
$ 6,949,991
TOWN OF LOS ALTOS HILLS August 18, 2022
Staff Report to the City Council
SUBJECT: RESOLUTION APPROVING CHANGES TO JOB DESCRIPTION
FOR MANAGEMENT ANALYST II, CREATING A JOB
DESCRIPTION FOR AN ASSISTANT TO THE CITY
MANAGER, RECLASS THE SENIOR COMMUNITY SERVICES
SUPERVISOR TO COMMUNITY SERVICES MANAGER,
CREATE A JOB DESCRIPTION FOR THE DEPUTY BUILDING
OFFICIAL/PLAN EXAMINER AND RESOLUTION
APPROVING AMENDING THE EMPLOYEE CLASSIFICATION
AND THE SALARY SCHEDULE
FROM: Sarina Revillar, Administrative Services Director APPROVED: Peter Pirnejad, City Manager
RECOMMENDATION: That the City Council:
1. Resolution approving updating the Management Analyst II, creating Assistant to the City Manager, reclass the Senior Community Services Supervisor to Community Services Manager, and create Deputy Building Official/Plan Examiner job descriptions.
2. Resolution approving amending the Employee Classification and Compensation Plan to include Assistant to the City Manager, Community Services Manager, and Deputy/Building Official/Plan Examiner.
BACKGROUND:
On June 16, 2022, City Council meeting, Resolution 65-22 was adopted approving the FY 2022-23 Operating Budget, which included the Deputy Building Official/Plan Examiner, Assistant to the City Manager, and Community Services Manager are identified in the Personnel Allocations. These positions are not budgeted and are only listed for succession planning. This action does not change the number of full-time positions in the FY 2022-23 Operating Budget. A Compensation Plan Study prepared by Koff & Associates was conducted for these 3 positions (Attachment 2). The study evaluated, total compensation package against 12 other agencies.
On March 8, 2017, the City Council approved the reclassification of Building Official to Building Inspector/Official Series for career progression and the Building Inspector/Senior Building Inspector position was added to the Building Official classification. However, with the recent departure of the Senior Building Inspector, the City Manager and the Planning Director had an opportunity to revisit the structural organization of the Building Department.
AGENDA ITEM #4.I
S.R.
P.P.
Staff Report to City Council Page 2
New/Update Job Descriptions
August 18, 2022
On April 19, 2018, City Council meeting, Resolution 27-18 (Attachment 4) was adopted approving the Senior Community Services Supervisor for career progression including additional duties.
On June 17, 2021, City Council meeting, Resolution 40-21 (Attachment 5) was adopted approving the Management Analyst II job description for career progression and maintaining retention in the Management Analyst series.
DISCUSSION:
The Building Department is responsible for plan checking, inspections and permitting to ensure life safety, as well as quality control on building activity within the Town. Until recently, there were two (2) full-time employees in the building department, including a Senior Building Inspector and a Building Technician. However, with the departure of the Senior Building Inspector in March 2022, there is only one (1) personnel left in the division.
The Department contracts for all plan review services and, from time to time, contracts inspection services on an as needed basis. Upon evaluation of the needs of the building division and the Town, it was determined that a Deputy Building Official/Plan Examiner who is working to become a certified Building Official would be an ideal position to add to the series. The main role of the Deputy Building Official/Plan Examiner would be to do plan checks, supervise building division staff, conduct inspections in the absence of the building inspector, and improve the working of the department. (Attachment 3).
The Senior Community Services Supervisor has been functioning as a Community Services Manager when comparing the two job descriptions. Reclassing the Senior Community Services Supervisor to a Community Services Manager aligns the duties with the job description. The staff recommends eliminating the Senior Community Services Supervisor classification and include the Community Services Manager in the Employee Classification.
The redline job description for the Senior Community Services Supervisor is included (Attachment 4) to align the job duties and to include additional duties.
The Management Analyst II job description did not outline appropriately the actual duties the staff is performing and found there were inconsistencies, therefore, it is necessary to update the job description (Attachment 5) for professional development and growth.
The Assistant to the City Manager classification will not change the full-time budgeted positions but will allow career progression. The job description for the Assistant to the City Manager is attached. (Attachment 6). This position will perform a wide variety of highly responsible, complex, diverse, and confidential advanced level professional duties. This will include compliance with our Muni Code 4-1.04 in assigning the Assistant to the City Manager as the Assistant Director for Emergency Services.
Staff Report to City Council Page 2
New/Update Job Descriptions
August 18, 2022
According to the Koff & Associates Total Compensation Study that was conducted in July 2022 for the Assistant to the City Manager, Deputy Building Official/Plan Examiner, and the Community Services Manager, they have proposed the following salary range placements:
Classification Minimum Salary
Monthly
Maximum Salary
Monthly
Assistant to the City Manager $ 10,317 $ 13,928
Deputy Building Official/Plan Examiner $ 9,101 $12,286
Community Services Manager $ 8,981 $12,124
ENVIRONMENTAL REVIEW:
This action does not qualify as a “Project” as defined in California Government Code Section 15378(b) of the Guidelines for California Environmental Quality Act.” 2022 CITY COUNCIL STRATEGIC PRIORITIES:
This is not part of the 2022 City Council Strategic Priorities.
FISCAL IMPACT:
There is no direct fiscal impact to approving the classification specifications. The FY 2022- 23 merit contingency budget will absorb any necessary salary adjustments. This merely establishes a salary range for the Assistant to the City Manager, Deputy Building Official/Plan Examiner, Community Services Manager position and provides funding for typical merit-based adjustments within the proposed range. Advancement within the salary range is dependent on meritorious performance by the employee. Staff is not recommending increasing the budgeted positions.
ATTACHMENTS:
1. Resolution
2. Koff & Associates Report
3. Redline Deputy Building Official/Plan Examiner
4. Redline Reclass Senior Community Services Supervisor to Community Services Manager including Resolution 27-18
5. Redline Management Analyst II including Resolution 40-21
6. Assistant to the City Manager
RESOLUTION -22
RESOLUTION APPROVING CHANGES TO JOB DESCRIPTON FOR
MANAGEMENT ANALYST II, CREATING JOB DESCRIPTION FOR AN ASSISTANT
TO THE CITY MANAGER, RECLASS THE SENIOR COMMUNITY SERVICES
SUPERVISOR TO COMMUNITY SERVICES MANAGER, CREATE JOB
DESCRIPTION FOR THE DEPUTY BUILDING OFFICIAL/PLAN EXAMINER WHEREAS, the Personnel Rules and Regulations and Employee Classification and Compensation Plan documents were last comprehensively reviewed and updated in 2006 and revised in 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, and 2016, 2018, 2021; and WHEREAS, the Management Analyst II, reclass the Senior Community Services Supervisor to Community Services Manager, create Assistant to the City Manager, Deputy Building Official/Plan Examiner employment positions have been established; and NOW, THEREFORE, BE IT RESOLVED, by the City Council of the Town of Los Altos Hills that the description of the typical duties and responsibility, training, experience and other qualifications required for said positions, more particularly set forth in Exhibit A, attached, is made a part hereof, and are hereby approved and adopted.
BE IT FURTHER RESOLVED that the City Council of the Town of Los Altos Hills hereby approve the Management Analyst II, Community Services Manager, Assistant to the City Manager, and Deputy Building Official/Plan Examiner job descriptions.
The above and foregoing Resolution was passed and adopted by the City Council of the Town of Los Altos Hills as a regular meeting held on 18th of August 2022 by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
BY: __________________________
George Tyson, Mayor
ATTEST:
________________________
Deborah Padovan, City Clerk
Attachment 1
2835 Seventh Street, Berkeley, California 94710 | 510.658.5633 | www.KoffAssociates.com To: Sarina Revillar, Administrative Services Director
From: Alyssa Thompson, Project Manager
Subject: Total Compensation Study – Assistant to the Town Manager, Community Services Manager, and Deputy Building Official
Date: 07/27/22
In July 2022, Koff & Associates (“K&A”) conducted a comprehensive Total Compensation Study for the following classifications at the Town of Los Altos Hills:
1. Assistant to the Town Manager
2. Community Services Manager
3. Deputy Building Official
All compensation findings and recommendations are presented in this report.
STUDY METHODOLOGY
Comparator Agencies
The 12 comparator agencies included in the total compensation study are presented in Table 1.
Table 1. Comparator Agencies
Agency
1. City of Atherton
2. City of Cupertino
3. City of Half Moon Bay
4. City of Los Altos
5. City of Monte Sereno
6. City of Saratoga
7. City of Sausalito
8. Town of Hillsborough
9. Town of Moraga
10. Town of Tiburon
11. Town of Portola Valley
12. Town of Woodside
Attachment 2
2835 Seventh Street, Berkeley, California 94710 | 510.658.5633 | www.KoffAssociates.com Salary and Benefits Data
The following salary and benefits data was collected for each benchmark classification (the cost of these benefits to each agency was converted into dollar amounts and can be found in Attachment A [Benefit Detail] of this report; these amounts were added to base salaries for total compensation purposes).
1. Monthly Base Salary
The top of the salary range and/or control point. All figures are presented on a monthly basis.
2. Employee Retirement
➢ PERS Formula: The service retirement formula utilized for each agency is the 2%@62 Public Employees’ Pension Reform Act (PEPRA) plan.
➢ Social Security: If an employer participates in Social Security, then the employer contribution of 6.2% of the base salary up to the federally-determined maximum contribution of $759.50 per month was reported.
➢ Other: Any other retirement contributions made by the employer.
3. Deferred Compensation
Deferred compensation contributions provided to all employees of a classification with or without requiring the employee to make a contribution is reported.
4. Insurances
The employer paid premiums for an employee with family coverage was reported. The employer paid insurances included:
➢ Cafeteria/Flexible Benefit Plan
➢ Medical
➢ Dental
➢ Vision
➢ Other
5. Leaves
Other than sick leave, which is usage-based, the number of hours off for which the employer is obligated. All hours have been translated into direct salary costs. ➢ Vacation: The number of paid time off (or vacation) hours available to all employees who have completed five years of employment.
➢ Holidays: The number of holiday hours (including floating hours) available to employees.
2835 Seventh Street, Berkeley, California 94710 | 510.658.5633 | www.KoffAssociates.com ➢ Administrative: Administrative (or management) leave is normally the number of paid leave hours available to Fair Labor Standards Act (“FLSA”) Exempt and/or management to reward for extraordinary effort (in lieu of overtime). This leave category may also include personal leave which may be available to augment vacation or other time off.
6. Auto Allowance
This category includes either the provision of an auto allowance or the provision of an auto for personal use only. If a vehicle is provided to any classification for commuting and other personal use, the average monthly rate is estimated at $450. Mileage reimbursement is not included.
7. Cell Phone/Technology Allowance
This category includes the provision of a cell phone/technology allowance for the purchase of cell phones, computer, laptops, and related technology equipment.
Reimbursements are not included.
8. Other
This category includes any additional other benefits not captured above available to all in the class.
All of the benefit elements are negotiated benefits provided to all employees in the classification.
As such, they represent an ongoing cost for which an agency must budget. Other benefit costs, such as sick leave, tuition reimbursement, and reimbursable mileage are usage-based and cannot be quantified on an individual employee basis.
Data Collection
Data was collected during the month of July 2022, through comparator agency websites, conversations with human resources, accounting, and/or finance personnel, and careful review of agency documentation such as classification descriptions, memoranda of understanding, organization charts, and other documents.
Matching Methodology
K&A believes that the data collection step is the most critical for maintaining the overall credibility of any study and relied on the Town’s classification descriptions as the foundation for comparison.
When K&A researches and collects data from the comparator agencies to identify possible matches for each of the benchmark classifications, there is an assumption that comparable matches may not be made that are 100% equivalent to the classifications at the Town. Therefore, K&A does not match based upon job titles, which can often be misleading, but rather analyzes class descriptions before a comparable match is determined.
K&A’s methodology is to analyze each class description and the whole position by evaluating factors such as:
2835 Seventh Street, Berkeley, California 94710 | 510.658.5633 | www.KoffAssociates.com ➢ Definition and typical job functions;
➢ Distinguishing characteristics;
➢ Level within a class series (i.e., entry, experienced, journey, specialist, lead, etc.); ➢ Reporting relationship structure (for example, manages through lower-level staff); ➢ Education and experience requirements;
➢ Knowledge, abilities, and skills required to perform the work; ➢ The scope and complexity of the work;
➢ Independence of action/responsibility;
➢ The authority delegated to make decisions and take action; ➢ The responsibility for the work of others, program administration, and for budget dollars; ➢ Problem solving/ingenuity;
➢ Contacts with others (both inside and outside of the organization); ➢ Consequences of action and decisions; and
➢ Working conditions.
In order for a match to be included, K&A requires that a classification’s “likeness” be at approximately 70% of the matched classification.
When an appropriate match is not identified for one classification, K&A often uses “hybrids” which can be functional or represent a span in scope of responsibility. A functional hybrid means that the job of one classification at the Town is performed by two or more classifications at a comparator agency. A “hybrid” representing a span in scope means that the comparator agency has one class that is “bigger” in scope and responsibility and one class that is “smaller,” where the Town’s class falls in the middle.
If an appropriate match could not be found, then no match was reported as a non-comparable (N/C).
Data Spreadsheets
For each benchmark classification, there are three information pages:
➢ Top Monthly Base Salary and Total Compensation Data (2 sheets per benchmark) o One sheet is sorted by top monthly compensation
o One sheet is sorted by total monthly compensation
➢ Benefit Detail (Monthly Equivalent Values)
The average (mean) and median (midpoint) of the comparator agencies are reported on the top monthly salary and total compensation data spreadsheets.
The mean is the sum of the comparator agencies’ salaries/total compensation divided by the number of matches. The median is the midpoint of all data with 50% of data points below and 50% of data points above.
In order to calculate the mean and median, K&A requires that there be a minimum of four comparator agencies with matching classifications to the benchmark classification. The reason
2835 Seventh Street, Berkeley, California 94710 | 510.658.5633 | www.KoffAssociates.com for requiring a minimum of four matches is so that no one classification has undue influence on the calculations. Sufficient data was collected from the comparator agencies for two of the classifications. K&A was not able to find a sufficient number of agencies with a comparable classification to the Community Services Manager.
When using survey data to make salary range recommendations and adjustments, K&A recommends using the median, rather than the mean, because the median is not skewed by extremely high or low salary values.
MARKET COMPENSATION FINDINGS
The following table represents a summary of the market top monthly (base) salary and total compensation (base salary plus benefits [retirement, insurance, leaves, and allowances]) findings. For each benchmark classification, the number of matches (agencies with a comparable position) and the top monthly salary market median and total compensation market median is listed.
Table 2. Market Compensation Results Summary
Classification Title # of
Matches
Top Monthly
Salary Market
Median
Total Monthly
Compensation
Market Median
Assistant to the Town Manager 4 $ 12,763 $17,391
Community Services Manager 2 ISD ISD
Deputy Building Official 4 $14,525 $19,901
RECOMMENDATIONS
Pay Philosophy
The Town has many options regarding what type of compensation plan it wants to implement.
This decision will be based on what the Town’s pay philosophy is, at which level it desires to pay its employees compared to the market, whether it is going to consider additional alternative compensation programs, and how great the competition is with other agencies over recruitment of a highly-qualified workforce.
Proposed Salary Range Placements
The proposed salary range recommendation for each classification is based on the market data as well as the internal relationship analysis:
• Assistant to the Town Manager: Recommend alignment with Finance Manager. • Community Services Manager: Recommend placement of 20% above Community Services Supervisor.
• Deputy Building Official: Recommend placement of 5% below Building Official.
2835 Seventh Street, Berkeley, California 94710 | 510.658.5633 | www.KoffAssociates.com Internal Salary Relationships
Internal equity between certain levels of classifications is a fundamental factor to be considered when making salary decisions. For the purposes of this study, K&A utilized market data to develop the salary recommendations for the Assistant to the Town Manager and Deputy Building Official and used internal alignment principles to make the salary recommendations for the Community Services Manager where insufficient market data was found. Internal alignments with other classifications, either in the same class series or those classifications that have similar scope of work, level of responsibility, and “worth” to the Town was considered. The same factors analyzed when comparing the Town’s classifications to the labor market are used when making internal salary alignment recommendations. Where it is difficult to ascertain internal relationships due to unique qualifications and responsibilities, reliance can be placed on past internal relationships. It is important for Town management to carefully review these internal relationships and determine if they are still appropriate given the current market data.
It is important to analyze market data and internal relationships within class series as well as across the organization, and adjust salary range placements, as necessary, based on the needs of the organization.
The Town may want to make internal equity adjustments or alignments, as it implements the compensation strategy. This market survey is only a tool to be used by the Town to determine market indexing and salary determination.
USING THE MARKET DATA AS A TOOL
K&A would like to reiterate that this report and the findings are meant to be a tool for the Town to create and implement an equitable compensation plan. Compensation strategies are designed to attract and retain excellent staff; however, financial realities and the Town’s expectations may also come into play when determining appropriate compensation philosophies and strategies.
The collected data and recommendations presented herein represents a market survey that will give the Town an instrument to make future compensation decisions.
It has been a pleasure working with the Town of Los Altos Hills on this critical project. Please do not hesitate to contact us if we can provide any additional information or clarification regarding this report.
2835 Seventh Street, Berkeley, California 94710 | 510.658.5633 | www.KoffAssociates.com Attachment A
Market Compensation Data
Assistant to the Town Manager
Community Services Manager
Deputy Building Official
Town of Los Altos Hills
Market Compensation Data - Top Monthly Salary
July 2022
Rank Comparator Agency Classification Title Top Monthly Salary
Salary
Effective
Date
Next Salary
Increase
Next
Percentage
Increase
1 Town of Los Altos Hills Assistant to the Town Manager Proposed 2 City of Cupertino Assistant to the City Manager $ 14,125 7/1/2021 unknown unknown 3 City of Los Altos Assistant to the City Manager $ 13,027 6/26/2022 unknown unknown 4 Town of Portola Valley Assistant to the Town Manager $ 12,500 7/1/2021 unknown unknown 5 City of Half Moon Bay Assistant to the City Manager $ 11,160 7/1/2022 7/1/2023 2.5%-3.0% 6 City of Monte Sereno N/C
7 City of Saratoga N/C
8 City of Sausalito N/C
9 Town of Atherton N/C
10 Town of Hillsborough N/C
11 Town of Moraga N/C
12 Town of Tiburon N/C
13 Town of Woodside N/C
Top Monthly
Salary
$ 12,703
$ 12,763
4 % Town of Los Altos Hills Above/Below
Number of Matches
N/C - Non Comparator
Assistant to the Town Manager
Summary Results
Average of Comparators
% Town of Los Altos Hills Above/Below
Median of Comparators
Town of Los Altos Hills
Total Compensation Study - Benefit Detail
July 2022
Town of Los
Altos Hills
City of
Cupertino
City of Half
Moon Bay
City of Los
Altos
City of Monte
Sereno
City of
Saratoga
City of
Sausalito
Town of
Atherton
Town of
Hillsborough
Town of
Moraga
Town of Portola
Valley
Town of
Tiburon
Town of
Woodside
Assistant to the
Town Manager
Assistant to the
City Manager
Assistant to the
City Manager
Assistant to the
City Manager
N/C N/C N/C N/C N/C N/C Assistant to the
Town Manager
N/C N/C
Top Step Proposed $ 14,125 $ 11,160 $ 13,027 $ 12,500
PEPRA 2%@62 2%@62 2%@62 2%@62
EE Cost Sharing
Social Security $ 760
Deferred Compensation $335 $261
Other Retirement
Cafeteria $ 1,900 $ 1,393
Health $ 2,068 $ 2,603
Dental $ 114 $ 200 $ 239
Vision $ 15 $ 26 $ 26
Other Insurance
Vacation $ 815 $ 644 $ 1,002 $ 721
Holidays $ 788 $ 601 $ 557 $ 577
Admin Leave $ 272 $ 515 $ 501 $ 337
Auto Allowance $ 250 $ 250
Cell Phone/Tech Allowance $ 100 $ 30
$ 0 $ 4,072 $ 4,570 $ 4,954 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 4,301 $ 0 $ 0 N/C - Non Comparator
Benefit Package Total
Agency
Benchmark/ Comparator Agency Match Retirement Insurance Leaves
Town of Los Altos Hills
Market Compensation Data - Total Monthly Compensation
July 2022
Rank Comparator Agency Classification Title Total
Monthly
Comp
Salary
Effective
Date
Next Salary
Increase
Next
Percentage
Increase
1 Town of Los Altos Hills Assistant to the Town Manager Proposed 2 City of Cupertino Assistant to the City Manager $ 18,197 7/1/2021 unknown unknown 3 City of Los Altos Assistant to the City Manager $ 17,981 6/26/2022 unknown unknown 4 Town of Portola Valley Assistant to the Town Manager $ 16,801 7/1/2021 unknown unknown 5 City of Half Moon Bay Assistant to the City Manager $ 15,730 7/1/2022 7/1/2023 2.5%-3.0% 6 City of Monte Sereno N/C
7 City of Saratoga N/C
8 City of Sausalito N/C
9 Town of Atherton N/C
10 Town of Hillsborough N/C
11 Town of Moraga N/C
12 Town of Tiburon N/C
13 Town of Woodside N/C
Total
Monthly
$ 17,177
$ 17,391
4 % Town of Los Altos Hills Above/Below
Number of Matches
N/C - Non Comparator
Assistant to the Town Manager
Summary Results
Average of Comparators
% Town of Los Altos Hills Above/Below
Median of Comparators
Town of Los Altos Hills
Market Compensation Data - Top Monthly Salary
July 2022
Rank Comparator Agency Classification Title Top Monthly Salary
Salary
Effective
Date
Next Salary
Increase
Next
Percentage
Increase
1 Town of Los Altos Hills Community Services Manager Proposed 2 City of Los Altos Recreation Manager $ 11,802 6/26/2022 unknown unknown 3 City of Cupertino Recreation Manager $ 11,633 7/1/2021 unknown unknown 4 City of Half Moon Bay N/C
5 City of Monte Sereno N/C
6 City of Saratoga N/C
7 City of Sausalito N/C
8 Town of Atherton N/C
9 Town of Hillsborough N/C
10 Town of Moraga N/C
11 Town of Portola Valley N/C
12 Town of Tiburon N/C
13 Town of Woodside N/C
Top Monthly
Salary
ISD
ISD
2 % Town of Los Altos Hills Above/Below
Number of Matches
N/C - Non Comparator
Community Services Manager
Summary Results
Average of Comparators
% Town of Los Altos Hills Above/Below
Median of Comparators
Town of Los Altos Hills
Total Compensation Study - Benefit Detail
July 2022
Town of Los
Altos Hills
City of
Cupertino
City of Half
Moon Bay
City of Los
Altos
City of Monte
Sereno
City of
Saratoga
City of
Sausalito
Town of
Atherton
Town of
Hillsborough
Town of
Moraga
Town of Portola
Valley
Town of
Tiburon
Town of
Woodside
Community
Services
Manager
Recreation
Manager
N/C Recreation
Manager
N/C N/C N/C N/C N/C N/C N/C N/C N/C
Top Step Proposed $ 11,633 $ 11,802
PEPRA 2%@62 2%@62
EE Cost Sharing
Social Security
Deferred Compensation $ 1,250 $ 236
Other Retirement
Cafeteria
Health $ 2,068 $ 2,603
Dental $ 114
Vision $ 15
Other Insurance
Vacation $ 671 $ 908
Holidays $ 649 $ 505
Admin Leave $ 224 $ 454
Auto Allowance $ 200
Cell Phone/Tech Allowance $ 30
$ 0 $ 5,191 $ 0 $ 4,736 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0 N/C - Non Comparator
Benefit Package Total
Agency
Benchmark/ Comparator Agency Match Retirement Insurance Leaves
Town of Los Altos Hills
Market Compensation Data - Total Monthly Compensation
July 2022
Rank Comparator Agency Classification Title Total
Monthly
Comp
Salary
Effective
Date
Next Salary
Increase
Next
Percentage
Increase
1 Town of Los Altos Hills Community Services Manager Proposed 2 City of Cupertino Recreation Manager $ 16,825 7/1/2021 unknown unknown 3 City of Los Altos Recreation Manager $ 16,537 6/26/2022 unknown unknown 4 City of Half Moon Bay N/C
5 City of Monte Sereno N/C
6 City of Saratoga N/C
7 City of Sausalito N/C
8 Town of Atherton N/C
9 Town of Hillsborough N/C
10 Town of Moraga N/C
11 Town of Portola Valley N/C
12 Town of Tiburon N/C
13 Town of Woodside N/C
Total
Monthly
ISD
ISD
2 % Town of Los Altos Hills Above/Below
Number of Matches
N/C - Non Comparator
Community Services Manager
Summary Results
Average of Comparators
% Town of Los Altos Hills Above/Below
Median of Comparators
Town of Los Altos Hills
Market Compensation Data - Top Monthly Salary
July 2022
Rank Comparator Agency Classification Title Top Monthly Salary
Salary
Effective
Date
Next Salary
Increase
Next
Percentage
Increase
1 Town of Los Altos Hills Deputy Building Official Proposed 2 Town of Portola Valley Deputy Building Official $ 18,328 7/1/2021 unknown unknown 3 City of Los Altos Building Official $ 14,739 6/26/2022 unknown unknown 4 City of Cupertino Deputy Building Official $ 14,312 7/1/2021 unknown unknown 5 Town of Hillsborough Building Official $ 14,268 1/3/2022 44927 unknown 6 City of Half Moon Bay N/C
7 City of Monte Sereno N/C
8 City of Saratoga N/C
9 City of Sausalito N/C
10 Town of Atherton N/C
11 Town of Moraga N/C
12 Town of Tiburon N/C
13 Town of Woodside N/C
Top Monthly
Salary
$ 15,412
$ 14,525
4 % Town of Los Altos Hills Above/Below
Number of Matches
N/C - Non Comparator
Deputy Building Official
Summary Results
Average of Comparators
% Town of Los Altos Hills Above/Below
Median of Comparators
Town of Los Altos Hills
Total Compensation Study - Benefit Detail
July 2022
Town of Los
Altos Hills
City of
Cupertino
City of Half
Moon Bay
City of Los
Altos
City of Monte
Sereno
City of
Saratoga
City of
Sausalito
Town of
Atherton
Town of
Hillsborough
Town of
Moraga
Town of Portola
Valley
Town of
Tiburon
Town of
Woodside
Deputy Building
Official
Deputy Building
Official
N/C Building Official N/C N/C N/C N/C Building Official N/C Deputy Building Official
N/C N/C
Top Step Proposed $ 14,312 $ 14,739 $ 14,268 $ 18,328
PEPRA 2%@62 2%@62 2%@62 2%@62
EE Cost Sharing
Social Security $ 760 $ 760
Deferred Compensation $295
Other Retirement
Cafeteria $ 1,393
Health $ 2,068 $ 2,603 $ 2,902
Dental $ 114 $ 239
Vision $ 15 $ 26
Other Insurance
Vacation $ 826 $ 1,134 $ 823 $ 1,057
Holidays $ 798 $ 631 $ 604 $ 846
Admin Leave $ 275 $ 567 $ 274 $ 493
Auto Allowance $ 250
Cell Phone/Tech Allowance $ 30 $ 50
$ 0 $ 4,097 $ 0 $ 5,259 $ 0 $ 0 $ 0 $ 0 $ 5,412 $ 0 $ 5,063 $ 0 $ 0 N/C - Non Comparator
Benefit Package Total
Agency
Benchmark/ Comparator Agency Match Retirement Insurance Leaves
Town of Los Altos Hills
Market Compensation Data - Total Monthly Compensation
July 2022
Rank Comparator Agency Classification Title Total
Monthly
Comp
Salary
Effective
Date
Next Salary
Increase
Next
Percentage
Increase
1 Town of Los Altos Hills Deputy Building Official Proposed 2 Town of Portola Valley Deputy Building Official $ 23,391 7/1/2021 unknown unknown 3 City of Los Altos Building Official $ 19,998 6/26/2022 unknown unknown 4 Town of Hillsborough Building Official $ 19,805 1/3/2022 44927 unknown 5 City of Cupertino Deputy Building Official $ 18,409 7/1/2021 unknown unknown 6 City of Half Moon Bay N/C
7 City of Monte Sereno N/C
8 City of Saratoga N/C
9 City of Sausalito N/C
10 Town of Atherton N/C
11 Town of Moraga N/C
12 Town of Tiburon N/C
13 Town of Woodside N/C
Total
Monthly
$ 20,401
$ 19,901
4 % Town of Los Altos Hills Above/Below
Number of Matches
N/C - Non Comparator
Deputy Building Official
Summary Results
Average of Comparators
% Town of Los Altos Hills Above/Below
Median of Comparators
Building Official Series
Adopted 3/8/2017
POSITION DESCRIPTION
TOWN OF LOS ALTOS HILLS
BUILDINGINSPECTOR
SENIOR BUILDINGINSPECTOR
DEPUTY BUILDING OFFICIAL/PLAN EXAMINER
BUILDING OFFICIAL
Reports To: Planning Director and/or
Building Official Position Description:
Administers, enforces, and interprets the various codes regulating construction, use or occupancy of buildings and structures; performs building inspections and plan reviews; assists at the counter and over the phone with technical building inquiries; engages in extensive contact with developers, contractors, and homeowners, in the office and on project sites; and performs related duties as required.
Examples of Duties:
Building Inspector (FLSA Non-Exempt):
• Makes all daily field inspections for the Town to determine code and plan compliance during various stages of construction.
• Investigates and enforces building code violations.
• Maintains accurate building permit inspection and plan check records. • Attends local chapter meetings sponsored by the building industry to keep up to date on current building practices.
• Assists at the front counter and by telephone with technical building questions and initial plan review.
• Confers with and provides professional assistance to members of Town departments on matters related to building inspection and plan checking. • Performs duties of a disaster services worker in event of an emergency. Performs related duties as assigned.
Senior Building Inspector (FLSA Non-Exempt):
In addition to duties listed above for the Building Inspector:
• Advises and assists architects, engineers, contractors and public on codes being enforced and the procedures to follow in the Town.
• Interprets codes to public and building-related professionals. • Assists public and staff with initial plan reviews and plan checking.
Attachment 3
BUILDING INSPECTOR/
SENIOR BUILDING INSPECTOR/
BUILDING OFFICIAL 2 Rev. 03/2022
(Position Description, cont.)
Deputy Building Official/Plan Examiner (FLSA Exempt)
• Supervises Building Technician and Building Inspector(s) • Plan checks building plans and verifies conformance with all applicable codes; computes fees
• Reviews and recommends code changes and updates as appropriate for adoption by City Council.
• Conduct daily field inspections in the absence of the Building Inspector/Senior Building Inspector.
• Ensure consistent and appropriate interpretation of the building codes and City ordinances.
• Confer with owners, architects, contractors and engineers regarding design and construction plans and interpretation of the Uniform Codes. • Issue certificates of occupancy after approving structures and installations; conduct a final inspection of completed work.
• Maintain inspection records
• Evaluate the need for and develop procedures, methods and schedules • Evaluate the efficiency and effectiveness of service delivery methods and procedures; recommend, within departmental policy, appropriate service and staffing levels. • Participate in the development of the annual budget; monitor and approve expenditures; implement adjustments.
• Participate in emergency preparedness planning and response • Build and maintain positive working relationships with co-workers, other Town employees and the public using principles of good customer service. • Assists in the interpretation and updated building of code as needed and during the triannual ICC code updates. This may include energy reach and green building codes • Assists with the lead on building fee study and audit to ensure permit fees cover are cost recoverable
Building Official (FLSA Exempt):
In addition to duties listed above for the Deputy Building Official/Plan Examiner:
• Attends state sponsored meetings concerning new mandated codes dealing with energy and construction methods.
• Takes the lead on interpreting and updated building code as needed and during the triannual ICC code updates. This may include energy reach and green building codes • Takes the lead on building fee study and audit to ensure permit fees cover are cost