This Agenda contains a brief general description of each item to be considered. Copies of the Staff reports or other written documentation relating to each item of business referred to on the Agenda are on file in the Office of the City Clerk and are available for public inspection. Any person who has a question concerning any of the agenda items may call the City Manager at (310) 603-0220, ext. 200.
Procedures for Addressing the Council
IN ORDER TO EXPEDITE CITY COUNCIL BUSINESS, WE ASK THAT ALL PERSONS WISHING TO ADDRESS THE
COUNCIL SUBMIT YOUR COMMENTS IN ADVANCE TO
[email protected]
OR FILL OUT A FORM
PROVIDED AT THE PODIUM, AND TO TURN IT IN TO THE CITY CLERK PRIOR TO THE START OF THE MEETING. FAILURE TO FILL OUT SUCH A FORM WILL PROHIBIT YOU FROM ADDRESSING THE COUNCIL IN THE ABSENCE OF THE UNANIMOUS CONSENT OF THE COUNCIL.
AGENDA
City Council Regular Meeting
TO BE HELD ON
January 4, 2022
COUNCIL CHAMBERS - 11350 BULLIS RD. LYNWOOD, CA 90262 or Web conference via ZOOM - To participate via Zoom or by telephone: 1-669-900-9128 or 1-253-215-8782 Meeting ID: 835 2029 8238
Duly Posted on 12/30/21 By MQ
6:00 PM
1. CALL TO ORDER
2. CERTIFICATION OF AGENDA POSTING BY CITY CLERK
3. ROLL CALL OF COUNCIL MEMBERS
Jorge Casanova, Mayor
Jose Luis Solache, Mayor Pro Tem
Oscar Flores, Council Member
Marisela Santana, Council Member
Rita Soto, Council Member
4. PLEDGE OF ALLEGIANCE
5. INVOCATION
6. PRESENTATIONS/PROCLAMATIONS
Update on Law Enforcement Issues
City Council Members Reporting on Meetings Attended (Gov. Code Section 53232.3 (D)).
City Video(s)
Miss & Mr. Lynwood Ambassador Court
Recognition of Lynwood Jr. Knights
7. COUNCIL RECESS TO:
City Council Regular Meeting - Page 1 of 144
Lynwood Successor Agency
Lynwood Housing Authority
Lynwood Public Financing Authority
PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)
NON-AGENDA PUBLIC ORAL COMMUNICATIONS
THIS PORTION PROVIDES AN OPPORTUNITY FOR THE PUBLIC TO ADDRESS THE COUNCIL ON ITEMS WITHIN THE JURISDICTION OF THE COUNCIL AND NOT LISTED ON THE AGENDA. IF AN ITEM IS NOT ON THE
AGENDA, THERE SHOULD BE NO SUBSTANTIAL DISCUSSION OF THE ISSUE BY THE COUNCIL, BUT COUNCIL MAY REFER THE MATTER TO STAFF OR SCHEDULE SUBSTANTIVE DISCUSSION FOR A FUTURE MEETING. (The Ralph M. Brown Act, Government Code Section 54954.2 (a).)
CITY COUNCIL ORAL AND WRITTEN COMMUNICATION
CONSENT CALENDAR
ALL MATTERS LISTED UNDER THE CONSENT CALENDAR WILL BE ACTED UPON BY ONE MOTION AFFIRMING THE ACTION RECOMMENDED ON THE AGENDA. THERE WILL BE NO SEPARATE DISCUSSION ON
THESE ITEMS PRIOR TO VOTING UNLESS MEMBERS OF THE COUNCIL OR STAFF REQUEST SPECIFIC ITEMS TO BE REMOVED FROM THE CONSENT CALENDAR FOR SEPARATE ACTION.
8. APPROVAL OF THE WARRANT REGISTER
Comments:
City of Lynwood warrant register dated January 4, 2021 for FY 2021-2022. (FIN)
Recommendation:
staff respectfully recommends that the City Council of the City of Lynwood approve the warrant register dated January 4, 2021 for FY 2021-2022.
9. TREASURER'S QUARTERLY REPORT
Comments:
The purpose of this item is to have the Honorable Mayor and the Lynwood City Council review the Treasurer’s Quarterly Investment Report as required by State Statutes. (CT )
Recommendation:
It is recommended that the City of Lynwood receive and file the attached Quarterly Investment Report.
The following information provided in this report highlights the investment activity for the quarter ending September 30, 2021.
10. TREASURER'S SPECIAL INVESTMENT REPORT FOR AUGUST - NOVEMBER 2021
Comments:
The purpose of this item is to have the Honorable Mayor and the Lynwood City Council review the Treasurer’s Monthly Investment Report as required by State Statutes. (CT)
Recommendation:
It is recommended that the City of Lynwood receive and file the attached Investment Report. The following information
is provided to ensure the City Council is informed of the investment activities.
11. FINANCIAL STATUS REPORT NOVEMBER 2021
City Council Regular Meeting - Page 2 of 144
Comments:
Financial Status Report November 30, 2021. (FIN)
Recommendation:
Receive and file.
12. DECLARATION OF EXEMPT SURPLUS LAND
Comments:
The Surplus Lands Act (“SLA”) (codified under Government Code section 54221) requires that before a local agency such as the City takes any action to dispose of (sell or lease) property, it must declare the property to be either “surplus land” or “exempt surplus land”.
The property at issue
is located at located at northwest corner of Imperial Highway and Fernwood Avenue (APN No(s). 6169- 001-905; 6169-001-900).
This property meets the definition of “surplus” property because it is not necessary for the City’s use as defined pursuant to the amended SLA. As the property is not “exempt” surplus land per the SLA, the City must first declare it surplus and provide the notices described above before disposing of the property. (CD)
Recommendation:
Adopt Resolution Declaring Property Owned by the City of Lynwood located at the northwest corner of Imperial Highway and Fernwood Avenue, in the City of Lynwood, California Surplus Land.
13. 2022 HOMELESS COUNT COMMUNITY AGREEMENT
Comments:
Staff recommends that the City Council
authorize the City Manager to approve and sign the 2022 Homeless Count Community Agreement to participate in the annual Greater Los Angeles Homeless Count on January 27, 2022. (CD)
Recommendation:
Staff recommends that the City Council
authorize the City Manager to approve and sign the 2022 Homeless Count Community Agreement.
No further City Council action is necessary.
14. APPROVAL OF AN AGREEMENT WITH TIERRA WEST ADIVORS TO PROVIDE
INTERIM SERVICES FOR THE VACANT DIRECTOR OF COMMUNITY
DEVELOPMENT POSITION
Comments:
Over the last few months, the City has been working with Tierra West Advisors to provide interim services to fill the vacant Director position in the Community Development department.
Staff is
recommending that the City Council to approve the professional services agreement with Tierra West Advisors to continue providing services to the City. (CM)
Recommendation:
Staff recommends that the City Council adopt the attached resolution entitled, "A RESOLUTION
OF THE CITY COUNCIL OF THE CITY OF LYNWOOD , COUNTY OF LOS ANGELES,
STATE OF CALIFORNIA AUTHORIZING THE CITY MANAGER TO EXECUTE, IN A
FORM SATISFACTORY TO THE CITY ATTORNEY, AN AGREEMENT WITH TIERRA
WEST ADVISORS TO PROVIDE INTERIM SERVICES FOR THE DIRECTOR OF COMMUNITY DEVELOPMENT POSITION."
15. APPROVAL OF AN AGREEMENT WITH WILLDAN TO PROVIDE INTERIM
SERVICES FOR THE VACANT DIRECTOR OF FINANCE POSITION
Comments:
City Council Regular Meeting - Page 3 of 144
Over the last few months, the City has been working with Willdan to provide interim services to fill the vacant Director position in the Finance department. Staff is recommending that the City Council to approve the professional services agreement with Willdan to continue providing services to the City. (CM)
Recommendation:
Staff recommends that the City Council adopt the attached resolution entitled, "A RESOLUTION
OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF LOS ANGELES,
STATE OF CALIFORNIA AUTHORIZING THE CITY MANAGER TO EXECUTE, IN A
FORM SATISFACTORY TO THE CITY ATTORNEY, AN AGREEMENT WITH WILLDAN TO PROVIDE INTERIM SERVICES FOR THE DIRECTOR OF FINANCE POSITION."
NEW/OLD BUSINESS
16. APPROPRIATION OF FUNDS TO REDESIGN CITY'S WEBSITE AND
CONSIDERATION OF A DOMAIN NAME CHANGE
Comments:
The City's current website was designed and developed in-house in 2016 using Wordpress. The website is in need for a refresh to take advantage of new technologies and on-line features that will enhance the way residents, businesses, and visitors do business with the City. The importance of the way we are able to communicate with residents and conduct business on-line was made more evident by the COVID-19 pandemic. (IT)
Recommendation:
Staff recommends that the City Council adopt the attached resolution entitled; “A RESOLUTION
OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING AN APPROPRIATION OF FUNDS IN THE AMOUNT OF $50,000 TO REDESIGN THE CITY'S
WEBSITE SELECTING THE MOST QUALIFIED VENDOR UPON COMPLETION OF A
REQUEST FOR PROPOSALS (RFP) AND MAKE CHANGES TO THE CITY'S DOMAIN NAME AS APPROVED BY THE CITY COUNCIL."
17. APPROPRIATION FOR LANDSCAPE AND LIGHTING ASSESSMENT RATE STUDY
FOR CONSUMER PRICE INDEX ADJUSTMENT
Comments:
The Landscape and Lighting Assessment Districts provide essential services such as maintenance of landscape areas including trees citywide as well as maintenance of the street lights. On June 15, 2021 the City Council ordered the City Manager to initiate a process establishing an annual rate increase based on Consumer Price Index (CPI) starting Fiscal Year 2022-2023 assessment for both the Landscape and Lighting Assessment Districts (Districts).
Additional appropriation is needed to engage Willdan Financial Services to commence on this study. (PW)
Recommendation:
Staff recommends that the City Council adopt the attached resolution entitled: “A RESOLUTION
OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING AN APPROPRIATION IN THE AMOUNT OF $11,000 FROM THE LANDSCAPE ASSESSMENT DISTRICT FUND (FUND 2701) AND IN THE AMOUNT OF $11,000 FROM THE LIGHTING ASSESSMENT DISTRICT (FUND 2651) FOR THE WILLDAN
FINANCIAL SERVICES TO PREPARE A REPORT AND IMPLEMENT THE BALLOTING
FOR ADJUSTING THE ASSESSMENT RATES FOR BOTH DISTRICTS BASED ON THE CONSUMER PRICE INDEX. ”
18. REVIEW OF BOARD, COMMISSION AND COMMITTEE MEMBERS & ANNUAL
BOARDS, COMMISSIONS AND COMMITTEES LOCAL APPOINTMENT LIST City Council Regular Meeting - Page 4 of 144
Comments:
The City Council will be reviewing the Board, Commission and Committee Members appointment list and consider any new appointments. (CC)
Recommendation:
In accordance with the rules outlined below, staff recommends that the City Council review the attached list of Board, Commission and Committee members and take the following actions:
1 .
Reconfirm the existing members for another one-year term, ending December 31, 2022;
2 .
Make any needed adjustments, including filling the noted
vacancies, and
3 .
Direct staff to post the attached Annual City of Lynwood Boards and Commissions Appointment List, according to Maddy Act requirements.
Currently, there are a total of 3 vacancies on the various Boards, Commissions and Committees including:
one
(1) vacancy for the Community Development Block Grant Board, one (1) vacancy for the Public Safety/Traffic & Parking Commission, and one (1) vacancy for the Planning Commission.
19. STAFF ORAL COMMENTS
ADJOURNMENT
THE NEXT REGULAR MEETING WILL BE HELD ON JANUARY 18, 2022 AT 6:00 P.M. IN THE COUNCIL CHAMBERS OF THE CITY HALL ANNEX, 11350 BULLIS ROAD, CITY OF LYNWOOD, CALIFORNIA.
City Council Regular Meeting - Page 5 of 144
Agenda Item # 8.
AGENDA STAFF REPORT
DATE:
January 4, 2022
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Ernie Hernandez, City Manager
PREPARED BY:
Michael Blazenski, Interim Director of Finance & Administration Lilly Hampton, Senior Accounting Technician
SUBJECT:
APPROVAL OF THE WARRANT REGISTER
Recommendation:
staff respectfully recommends that the City Council of the City of Lynwood approve the warrant register dated January 4, 2021 for FY 2021-2022.
Background:
N/A
Discussion and Analysis:
N/A
Fiscal Impact:
FY 2021-2022
Coordinated With:
City Manager
City Attorney
ATTACHMENTS:
Description
WARRANT RUN 1 04 2022
City Council Regular Meeting - Page 6 of 144
apCkHist Void-Check Listing Page: 1
12/22/2021 9:54AM City of Lynwood
Bank code: apbank
Void Check# Date Vendor Status ClearNoid Date Reason-Void Reissue Inv. Date Amount Paid Check Total - -
201566 05/04/2021 010995 KATIE LUTZ 12/15/2021 STALE DATED 12/06/2017 68.78 68.78 201790 06/01/2021 013272 NORMA DICKENS 12/15/2021 STALE DATED 05/19/2021 51 .10 12/15/2021 05/19/2021 26.00 77.10
201857 06/01/2021 013268 KEVIN TINOCO 12/15/2021 STALE DATED 05/19/2021 94.00 94.00 201873 06/02/2021 013131 NATALIE GONZALEZ 12/15/2021 STALE DATED 12/07/2020 246.00 12/15/2021 12/07/2020 100.00 346.00
202085 07/06/2021 013300 CARLOS LOPEZ 12/15/2021 STALE DATED 05/26/2021 20.00 20.00 202239 07/20/2021 013319 JUAN SANDOVAL 12/15/2021 STALE DATED 06/02/2021 20.00 20.00 202429 08/17/2021 012761 EFFIE ALAILEFALEULA 12/15/2021 STALE DATED 04/28/2020 25.00 25.00 202432 08/17/2021 012671 NORMA ALVARADO 12/15/2021 STALE DATED 04/08/2020 12.50 12.50 202433 08/17/2021 012744 PATRICIA ALVAREZ 12/15/2021 STALE DATED 04/20/2020 25.00 25.00 202445 08/17/2021 012898 SILVIA CUEVAS 12/15/2021 STALE DATED 04/28/2020 30.00 30.00 202447 08/17/2021 012975 EMY DAVILA 12/15/2021 STALE DATED 04/06/2020 26.25 12/15/2021 04/06/2020 26.25 52.50
202458 08/17/2021 012589 VADA HILL 12/15/2021 STALE DATED 12/07/2020 30.00 30.00 202460 08/17/2021 013049 DANIEL HUESCA 12/15/2021 STALE DATED 04/07/2020 31.25 31 .25 202461 08/17/2021 013137 ZULAMIA HUGHEY 12/15/2021 STALE DATED 12/07/2020 30.00 30.00 202466 08/17/2021 013012 DIANA MARTINEZ 12/15/2021 STALE DATED 04/08/2020 18.75 18.75 202467 08/17/2021 012633 DEMARQUIS MCGUIRE 12/15/2021 STALE DATED 03/30/2020 15.00 15.00 202468 08/17/2021 013167 JOSE MEDINA 12/15/2021 STALE DATED 01/11/2021 330.00 330.00 202469 08/17/2021 013058 JESUS MELGOZA 12/15/2021 STALE DATED 04/08/2020 21.88 21.88 202471 08/17/2021 013054 CALUSIA MONTES DE OCA 12/15/2021 STALE DATED 04/07/2020 31.25 31.25 202472 08/17/2021 012623 ERICA MORALES 12/15/2021 STALE DATED 03/30/2020 15.00 15.00 Page: 1
City Council Regular Meeting - Page 7 of 144
apCkHist Void-Check Listing Page:2
12/22/2021 9:54AM City of Lynwood
Bank code: apbank
Check# Date Vendor Status Clear/Void Date Invoice Inv. Date Amount Paid Check Total --
202475 08/17/2021 012687 DAVID NEIMEYER 12/15/2021 STALE DATED 04/08/2020 100.00 100.00 202476 08/17/2021 013036 NAYELI OLIVIA 12/15/2021 STALE DATED 08/04/2020 12.50 12.50 202477 08/17/2021 012999 MARIA PAREDES 12/15/2021 STALE DATED 04/08/2020 12.50 12.50 202485 08/17/2021 012775 ALEX SILVA 12/15/2021 STALE DATED 04/28/2020 25.00 12/15/2021 STALE DATED 04/28/2020 2.00 27.00
202486 08/17/2021 012725 MARSELLA SOSA 12/15/2021 STALE DATED 05/18/2020 35.00 35.00 202487 08/17/2021 012882 LESHEL SPRINGS 12/15/2021 STALE DATED 07/15/2020 100.00 100.00 202491 08/17/2021 012167 THOMAS THORNTON 12/15/2021 STALE DATED 04/20/2020 3.00 3.00 202495 08/17/2021 012937 CLAUDIA VILLAGRAN 12/15/2021 STALE DATED 03/27/2020 18.75 18.75 202496 08/17/2021 000802 KENNETH WEST 12/15/2021 STALE DATED 06/29/2020 50.00 12/15/2021 STALE DATED 10/14/2020 50.00 100.00
202517 08/17/2021 013351 LUIS GODOY 12/15/2021 STALE DATED 08/02/2021 69.00 69.00 202525 08/17/2021 013357 VERONICA MEJIA 12/15/2021 STALE DATED 08/02/2021 48.76 48.76 202527 08/17/2021 013361 BRIANA MURILLO 12/15/2021 STALE DATED 08/02/2021 124.00 124.00 202531 08/17/2021 013353 MANUELA SANCHEZ 12/15/2021 STALE DATED 08/02/2021 69.00 69.00 202577 08/25/2021 002887 SHEILA HARDING 12/15/2021 TRIP CANCELLED 08/24/2021 195.00 195.00 202581 08/25/2021 012148 JACOB BARRERA 12/15/2021 WRONG AMOUNT 06/30/2021 3,750.00 3,750.00 202657 09/07/2021 011568 GO-FLEET CORPORATION 12/20/2021 LOST IN MAIL 203504 06/19/2021 17,503.20 17,503.20 203136 11/02/2021 000128 MARX BROS FIRE 12/15/2021 DUPLICATE 09/29/2021 1,152.33 1,152.33 203485 12/15/2021 013238 KRUGER'S TRAINING 12/21/2021 AMOUNT 203517 12/08/2021 750.00 750.00 apbank Total: 25,364.05
38 checks in this report Total Checks: 25,364.05
Page:2
City Council Regular Meeting - Page 8 of 144
vchlist
12/16/2021 10:40:06AM
Electronic Financial Transaction List
City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO#
1195 11/9/2021 013073 CALPERS INSURANCE Ben140766
1198 11/9/2021 013091 PERS 457 Ben140772
1215 11/9/2021 013073 CALPERS INSURANCE Ben140870
1216 11/16/2021 013090 PERS Ben140872
1217 11/23/2021 013091 PERS 457 Ben140874
1220 11/9/2021 013073 CALPERS INSURANCE Ben140918
1221 11/16/2021 013090 PERS Ben140920
1222 11/23/2021 013091 PERS 457 Ben140922
1223 11/10/2021 010069 NATIONWIDE RETIREMENT SOLUTION Ben140924 1225 11/4/2021 005794 INTERNAL REVENUE SERVICE Ben141317 1227 11/30/2021 013090 PERS Ben141321
1228 11/4/2021 001357 EMPLOYMENT DEVELOPMENT DEPT. Ben141323 1232 11/18/2021 005794 INTERNAL REVENUE SERVICE Ben141475 Page: 3
Description/Account Amount
BLUE SHIELD ACCESS+ REGION 3: 56,953.47
Total : 56,953.47
DEF COMP - PERS 457: PAYMENT 6,621.54
Total: 6,621.54
KAISER: PAYMENT 2,770.75
Total : 2,770.75
PERS: PAYMENT 568.25
Total: 568.25
DEF COMP- PERS 457: PAYMENT 1,500.00
Total: 1,500.00
BLUE SHIELD ACCESS+ REGION 3: 55,613.72
Total: 55,613.72
PERS: PAYMENT 53,125.16
Total: 53,125.16
DEF COMP - PERS 457: PAYMENT 6,671.54
Total: 6,671.54
DEF COMP- NATIONWIDE: 7,335.00
Total : 7,335.00
SOCIAL SECURITY: PAYMENT 51 ,620.52
Total : 51 ,620.52
PERS: PAYMENT 54,315.40
Total: 54,315.40
STATE WITHHOLDING TAXES: 14,609.98
Total: 14,609.98
SOCIAL SECURITY: PAYMENT 714.18
Page: 3
City Council Regular Meeting - Page 9 of 144
vchlist
12/16/2021 10:40:0SAM
Electronic Financial Transaction List
City of Lynwood
Bank code : apbank
Voucher Date Vendor Invoice PO#
1232 11/18/2021 005794 005794 INTERNAL REVENUE SERVICE (Continued) 1238 11/18/2021 005794 INTERNAL REVENUE SERVICE Ben141548 1241 11/18/2021 001357 EMPLOYMENT DEVELOPMENT DEPT. Ben141554 1005132 11/15/2021 000124 CITY OF LYNWOOD 34683-34 771
1005133 11/15/2021 000124 CITY OF LYNWOOD 34772-34839
1005134 11/15/2021 009720 CITY OF LYNWOOD 2070-2077
1005135 11/15/2021 009720 CITY OF LYNWOOD 2078-2080
1005137 11/15/2021 011941 ZIONS BANK DIVISION 011941-120121-2019A 02-002550 1005138 11/29/2021 007811 WELLS FARGO BANK 007811-120121-2012 02-002556 1005139 11/22/2021 000372 FIRE DEPARTMENT, LOS ANGELES C0010081 01-001624 1005140 11/9/2021 013073 CALPERS INSURANCE 100000016590845 100000016590846
1005141 12/1/2021 013121 AUL HEAL TH BENEFIT TRUST C/O, 013121-123121 1005142 12/1/2021 001211 THE BANK OF NEW YORK MELLON 001211-120121-14A 02-002535 001211-120121-14A-A 02-002554
Page: 4
Description/Account Amount
Total : 714.18
SOCIAL SECURITY: PAYMENT 36,503.19
Total: 36,503.19
STATE WITHHOLDING TAXES: 10,771.47
Total: 10,771.47
REPLENISH WORKERS' COMP ACCOUNT 24,383.03
Total: 24,383.03
REPLENISH WORKERS' COMP ACCOUNT 30,958.74
Total: 30,958.74
REPLENISH LIABILITY CLAIM ACCOUNT 8,649.25
Total: 8,649.25
REPLENISH LIABILITY CLAIM ACCOUNT 24,329.79
Total: 24,329.79
LPFA LIMITED TAX BONDS 274,545.12
Total: 274,545.12
LOCAL MEASURE R SALES TAX REV 83,808.23
Total: 83,808.23
FIRE PROTECTION SERVICES 631,474.88
Total : 631,474.88
MEDICAL PREMIUM 11/2021 50,594.45
MEDICAL PREMIUM 11/2021 326.96
Total : 50,921.41
REIMB RETIREE MEDICAL PREMIUM 29,800.70
Total : 29,800.70
LUA ENTERPRISE REF REV BOND 16,665.50
LUA ENTERPRISE REVENUE BOND 66,657.25
Page: 4
City Council Regular Meeting - Page 10 of 144
vchlist
12/16/2021 10:40:06AM
Bank code: apbank
Voucher Date Vendor
1005142 12/1/2021 001211 THE BANK OF NEW YORK MELLON
25 Vouchers for bank code :
25 Vouchers in this report
apbank
Electronic Financial Transaction List
City of Lynwood
Invoice
(Continued)
001211-120121-2017A
001211-120121-20178
001211-120121-2020A
PO#
-------
02-002536
02-002537
02-002538
Description/Account
LUA ENTERPRISE REF REV BOND
LUA ENTERPRISE REF REV BOND
LUA EINTERPRISE REF REV BOND
Total:
Bank total:
Total vouchers :
Page: 5
Amount
60,076 .50
300,053 .14
366,153 .13
809,605.52
2,328,170.84
2,328,170.84
Page: 5
City Council Regular Meeting - Page 11 of 144
vchlist Prepaid-Check List Page: 6
12/15/2021 8:12:27AM City of Lynwood
Bank code : apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203474 12/2/2021 013321 HERNANDEZ, ERNIE 013321-110921 01-001666 REIMBURSEMENT - CITY CELL PHONE 399.99 Total: 399.99
203475 12/2/2021 013425 MATSON, PATRICK 013425-120921 05-001909 REIMBURSEMENT 4,923.23 Total : 4,923.23
203476 12/2/2021 011759 PAGEANTRY PARADES CCLP210003 08-004753 CENTENNIAL HOLIDAY CANDYCANE LANE 22,500.00 CCLP210004 08-004753 CENTENNIAL HOLIDAY CANDYCANE LANE 19,700.00 Total: 42,200.00
203477 12/9/2021 001224 STANDARD INSURANCE COMPANY 001224-123121 LIFE INSURANCE PREMIUM 12/2021 749.00 Total : 749.00
203478 12/9/2021 001224 STANDARD INSURANCE COMPANY Ben141297 AD&D STANDARD LIFE INSURANCE : 627.21 Ben141469 AD&D STANDARD LIFE INSURANCE: 65.13
Ben141528 AD&D STANDARD LIFE INSURANCE: PJ 659.66
Total: 1,352.00
203479 12/14/2021 006399 AT&T 000017363077 TELEPHONE SERVICE 1,239.69 000017382635 TELEPHONE SERVICE 83.89
000017410243 TELEPHONE SERVICE 814.28
000017411456 TELEPHONE SERVICE 188.29
Total : 2,326.15
203480 12/14/2021 011192 INSURANCE CO., FIDELITY SECURITY LIFE 165061592 RETIREE VISION PREMIUM 12/2021 1,119.54 Total : 1,119.54
203481 12/14/2021 011192 INSURANCE CO., FIDELITY SECURITY LIFE Ben141301 VISION : PAYMENT 560.24 Ben141471 VISION: PAYMENT 35.73
Ben141532 VISION: PAYMENT 571 .21
Total : 1,167.18
203482 12/15/2021 005344 AT&T MOBILITY 287260367753X110821 12-000367 CELL PHONE SERVICE 3,119.10 Total : 3,119.10
203483 12/15/2021 011266 CLOUDMAN, ABRAHAM 011266-120821 REIMB-REGISTRATION FEE 655.00 Page: 6
City Council Regular Meeting - Page 12 of 144
vchlist
12/15/2021
Bank code :
Voucher
203483
203484
203485
203486
203487
8:12:27AM
apbank
Date Vendor
12/15/2021 011266
Invoice
011266 CLOUDMAN, ABRAHAM
Prepaid-Check List
City of Lynwood
(Continued)
12/15/202 1 001987 DISTRICT OF SOUTHERN CALIF., WATER REP 001987-103121 12/15/2021 013238 KRUGER'S TRAINING ACADEMY
12/15/2021 001302 U.S. BANK
12/15/2021 000163 SOUTHERN CALIFORNIA EDISON
14 Vouchers for bank code:
14 Vouchers in this report
apbank
013421-120821
001302-111521
000163121421
Page: 7
PO# Description/Account Amount
Total : 655.00
06-009159 GROUNDWATER PRODUCTION 168,714.74
Total: 168,714.74
REGISTRATION FEE-SALVADOR ALVAR 750.00
Total : 750.00
BANKCARD CHARGES 4,321 .86
Total : 4,321.86
LIGHT & POWER SERVICES 20,539.20
Total: 20,539.20
Bank total: 252,336.99
Total vouchers : 252,336.99
Page: 7
City Council Regular Meeting - Page 13 of 144
vchlist Prepaid-Check List Page: 8
12/22/2021 7:35:30AM City of Lynwood
Bank code : apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203488 12/20/2021 012255 ABAD, CECILIA 012255-103121 08-004749 YOUTH PIANO CLASSES 307.20 012255-113021 08-004749 YOUTH PIANO CLASSES 192.00
Total: 499.20
203489 12/20/2021 013266 ALVAREZ, SALVADOR 555713342 08-004799 CENTENNIAL CANDY CANE LANE 146.88 Total: 146.88
203490 12/20/2021 011296 AL VIZAR BUFFET 102 01-001676 CATERING SERVICES-MAYOR'S 3,748.50 Total: 3,748.50
203491 12/20/2021 001552 CARRILLO, ROSALIA 555713278 08-004800 CENTENNIAL CANDY CANE PARADE 165.71 Total: 165.71
203492 12/20/2021 000955 CENTRAL BASIN MUNICIPAL WATER LYN-NOV21 06-009224 IMPORTED DRINKING WATER 69241 Total : 692.41
203493 12/20/2021 011429 GUTIERREZ, VICTOR 555713094 08-004806 CENTENNIAL CANDY CANE PARADE 161 .02 Total : 161.02
203494 12/20/2021 008216 NOVA STORAGE 46169 02-002562 STORAGE FEE FOR MISC RECORDS 1,662.00 53615 02-002562 STORAGE FEE FOR MISC RECORDS 91 .59
Total: 1,753.59
203495 12/20/2021 013435 ORBIT EVENT RENTALS 47810-A 08-004747 HOLIDAY PARADE 2021 4,461.30 Total: 4,461.30
203496 12/20/2021 010490 ROSAS, DAVID 555713131 08-004801 CENTENNIAL CANDY CANE PARADE 145.39 Total: 145.39
203497 12/20/2021 013288 SPECTRUM 0031912111621 12-000365 INTERNET AND CABLE FOR CITY 145.32 Total: 145.32
203498 12/20/2021 003951 VELAZQUEZ, ALMA 555713015 08-004804 CENTENNIAL CANDY CANE PARADE 172.62 Total: 172.62
203499 12/20/2021 013447 AMEZQUITA, CECILIA 90136467762 08-004805 CENTENNIAL CANDY CANE PARADE 146.88 Page: 8
City Council Regular Meeting - Page 14 of 144
vchlist Prepaid-Check List Page: 9
12/22/2021 7:35:30AM City of Lynwood
Bank code : apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203499 12/20/2021 013447 013447 AMEZQUITA, CECILIA (Continued) Total : 146.88 203500 12/20/2021 013288 SPECTRUM 0543478111621 12-000365 INTERNET AND CABLE FOR CllY 214.98 Total : 214.98
203501 12/20/2021 013288 SPECTRUM 0603173111521 12-000365 INTERNET AND CABLE FOR CllY 162.37 Total : 162.37
203502 12/20/2021 013288 SPECTRUM 0244895120121 12-000365 INTERNET AND CABLE FOR CllY 134.98 Total : 134.98
203503 12/20/2021 013456 STAFFORD HR CONSULTING 10-001 05-001908 CALPERS HEARING ASSISTANCE 1,200.00 Total : 1,200.00
203504 12/20/2021 011568 GO-FLEET CORPORATION INV-018732 12-000372 GO-FLEET SUBSCRIPTION 17,503.20 Total : 17,503.20
203505 12/20/2021 007551 AFSCME DISTRICT COUNCIL 36 Ben141622 ASSOCIATION DUES: PAYMENT 1,603.35 Ben142160 ASSOCIATION DUES: PAYMENT 1,603.35
Total : 3,206.70
203506 12/20/2021 011927 AMERICAN FIDELllY ASSURANCE CO Ben141618 ACCIDENT PRETAX: PAYMENT 1,800.52 Ben142156 ACCIDENT PRETAX: PAYMENT 1,821.73
Total : 3,622.25
203507 12/20/2021 013086 DIV LEVYING OFFICER, SHERIFF'S Ben142154 LEVYING OFFICER: PAYMENT 1,517.52 Total: 1,517.52
203508 12/20/2021 005282 FRANCHISE TAX BOARD Ben142152 FRANCHISE TAX BOARD: PAYMENT 1,243.41 Total: 1,243.41
203509 12/20/2021 013398 AMERICAN FIDELllY ASSURANCE CO Ben141630 HEAL TH FSA PRE-TAX: PAYMENT 202.90 Ben142168 HEAL TH FSA PRE-TAX: PAYMENT 202.90
Total : 405.80
203510 12/20/2021 010048 LEGAL SHIELD Ben141628 LEGAL SHIELD: PAYMENT 49.84 Ben142166 LEGAL SHIELD: PAYMENT 49.84
Page: 9
City Council Regular Meeting - Page 15 of 144
vchlist
12/22/2021 7:35:30AM
Bank code: apbank
Voucher
203510
203511
203512
203513
203514
203515
203516
203517
Date Vendor
12/20/2021 010048 LEGAL SHIELD
12/20/2021 013084 LE, JESSICA
12/20/2021 013463 CITY EMPLOYEES ASSOCIATES, LLC
12/21/2021 000486 LIBERTY UTILITIES
12/21/2021 000163 SOUTHERN CALIFORNIA EDISON
12/21/2021 011963 WEX BANK
12/21/2021 013238 KRUGER'S TRAINING ACADEMY
12/21/2021 013238 KRUGER'S TRAINING ACADEMY
30 Vouchers for bank code :
30 Vouchers in this report
apbank
Prepaid-Check List
City of Lynwood
Invoice
(Continued)
Ben142170
Ben141626
Ben142164
158555-120321
164055-120321
164060-120321
000163122121
76696953
013238-120821
013421-120821
PO#
06-009129
06-009129
06-009129
06-009141
Page: 10
Description/Account Amount
Total: 99.68
JESSICA HERRERA: PAYMENT 293.00
Total: 293.00
MGMT. ASSOCIATION DUES: 162.50
MGMT. ASSOCIATION DUES: 162.50
Total: 325.00
WATER USE FOR IRRIGATION 105.55
WATER USE FOR IRRIGATION 16.54
WATER USE FOR IRRIGATION 16.54
Total: 138.63
LIGHT & POWER SERVICES 13,259.13
Total: 13,259.13
FUEL CHARGES FOR CITY VEHICLES 10,874.13
Total: 10,874.13
REGISTRATION-JOSE AVILA 700.00
Total: 700.00
REGISTRATION FEE-SALVADOR ALVAREZ 700.00
Total: 700.00
Bank total: 67,839.60
Total vouchers: 67,839.60
Page: 10
City Council Regular Meeting - Page 16 of 144
vchlist Check List Page: 11
12/22/2021 4:29:55PM City of Lynwood
Bank code : apbank
Voucher Date Vendor Invoice PO# Description/Account Amount - 203518 1/4/2022 001994 ALIN'S PARTY SUPPLY CO. 53844 08-004788 DECORATIONS FOR VARIOUS EVENTS 143.55 Total: 143.55
203519 1/4/2022 007439 ALL CITY MANAGEMENT SVCS, INC. 73260 11-001916 SCHOOL CROSSING GUARD 14,396.85 73595 11-001916 SCHOOL CROSSING GUARD 7,609.17
Total: 22,006.02
203520 1/4/2022 011719 ALL STAR ELITE SPORTS 2661 08-004787 FLAG FOOTBALL SUPPLIES 463.45 Total : 463.45
203521 1/4/2022 013421 ALVAREZ, SALVADOR 013421-113021 REIMB-REGISTRATION FEE 50.00 Total : 50.00
203522 1/4/2022 008217 AMAZON .COM, LLC 735565846446 12-000362 COMPUTER AND NETWORKING 44.73 878784588534 12-000362 COMPUTER AND NETWORKING 47.37
978969658438 02-002561 REPLACEMENT CARTRIDGE 25.74
998659734645 12-000362 COMPUTER AND NETWORKING 524.72
Total: 642.56
203523 1/4/2022 002452 AMERICAN LANGUAGE SVCS. 66134 01-001653 TRANSLATION SERVICES 259.10 Total : 259.10
203524 1/4/2022 003312 AMERICAN RENTALS 491920 06-009180 SUPPLIES AND EQUIPMENT 460.65 Total : 460.65
203525 1/4/2022 012693 ANIMAL EMERGENCY, LONG BEACH 663222 11-002012 ANIMAL EMERGENCY 500.00 Total : 500.00
203526 1/4/2022 005344 AT&T MOBILITY 287260367753X120821 12-000367 CELL PHONE SERVICE 3,125.57 Total : 3,125.57
203527 1/4/2022 000499 AUTO ZONE WEST, INC. 5446064211 06-009356 FLEET PARTS, AND ACCESSORIES 213.64 5446118022 06-009356 FLEET PARTS, AND ACCESSORIES 118.83 5446123564 06-009356 FLEET PARTS, AND ACCESSORIES 14.18 5446142757 06-009356 FLEET PARTS, AND ACCESSORIES 37.90 Total : 384.55
Page: 11
City Council Regular Meeting - Page 17 of 144
vchlist Check List Page: 12
12/22/2021 4:29:55PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203528 1/4/2022 004285 AVANT GARDE, INC. 7307 11-001919 HOUSING CONSUL TING SERVICES 568.75 7308 06-009353 CIP MANAGEMENT SUPPORT 17,703.75
Total : 18,272.50
203529 1/4/2022 009081 AVILA, JOSE LUIS 009081-120821 REIMB-REGISTRATION FEE 50.00 Total : 50.00
203530 1/4/2022 012148 BARRERA, JACOB CL018 01-001625 VIDEO PRODUCTION OF COMPLETE 3,750.00 Total : 3,750.00
203531 1/4/2022 004773 BSN SPORTS 914674823 08-004789 SUPPLIES FOR RECREATION 1,473.00 Total : 1,473.00
203532 1/4/2022 000300 BUBBS HARDWARE 215 06-009188 OPERATING SUPPLIES 33.04 Total : 33.04
203533 1/4/2022 000032 CAL ADDISON 014 06-009135 REPAIRS & MAINTENANCE 100.00 015 06-009135 REPAIRS & MAINTENANCE 135.00
016 06-009135 REPAIRS & MAINTENANCE 35.00
017 06-009135 REPAIRS & MAINTENANCE 35.00
019 06-009135 REPAIRS & MAINTENANCE 35.00
021 06-009135 REPAIRS & MAINTENANCE 225.00
022 06-009135 REPAIRS & MAINTENANCE 215.00
Total : 780.00
203534 1/4/2022 007782 CAMACHO, GABRIELA 007782-113021 ELECTRONIC/MEDIA-AUTO EXPENSES 500.00 007782-123121 ELECTRONIC/MEDIA-AUTO EXPENSES 500.00
Total: 1,000.00
203535 1/4/2022 001330 CANON FINANCIAL SERVICES, INC. 27637322 12-000368 CANON LEASE AGREEMENT 321 .75 27637323 12-000368 CANON LEASE AGREEMENT 770.16
27785507 12-000368 CANON LEASE AGREEMENT 321 .75
27785508 12-000368 CANON LEASE AGREEMENT 770.16
27785509 08-004691 CANON FINANCIAL SOLUTIONS 262.81
Total : 2,446.63
203536 1/4/2022 000488 CANON SOLUTIONS AMERICA, INC 4038129186 12-000369 CANON PRINTS AND MAINTENANCE 30.90 Page: 12
City Council Regular Meeting - Page 18 of 144
vchlist Check List Page: 13
12/22/2021 4:29:SSPM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203536 1/4/2022 000488 000488 CANON SOLUTIONS AMERICA, INC (Continued) Total: 30.90 203537 1/4/2022 012005 CARNEY MEHR , A LEGAL CORP. 159 05-001887 LEGAL SERVICES ON LABOR 192.50 Total : 192.50
203538 1/4/2022 012555 CASAMAR GROUP,LLC 12882-D 06-008838 LABOR COMPLIANCE ALEXANDER, 56.25 12882-D-A 06-009331 LABOR COMPLIANCE FEE 139.45
12882-E 06-009084 LABOR COMPLIANCE SERVICES 1,018.65
Total : 1,214.35
203539 1/4/2022 008889 CASANOVA, JORGE A. 008889-013122 ELECTRONIC/MEDIA-AUTO EXPENSES 500.00 Total: 500.00
203540 1/4/2022 000657 CENTURY RADIATORS 0289 06-009191 REPAIRS & MAINTENANCE 125.66 0291 06-009191 REPAIRS & MAINTENANCE 125.66
0296 06-009191 REPAIRS & MAINTENANCE 124.01
0297 06-009191 REPAIRS & MAINTENANCE 124.01
Total : 499.34
203541 1/4/2022 008107 CHICAGO TITLE COMPANY 0912111990-1 11-001920 TITLE SERVICES FOR REHAB 65.00 0912112099-1 11-001920 TITLE SERVICES FOR REHAB 65.00
Total: 130.00
203542 1/4/2022 001168 CINTAS CORPORATION NO. 2 8405247371 08-004694 FIRST AID CABINETS- 150.72 Total: 150.72
203543 1/4/2022 003372 CITY OF LYNWOOD 63-21900-02 11-002029 COVID-19 HOUSING & UTILITY ASSISTANCE 733 .07 Total: 733.07
203544 1/4/2022 001571 CLINICAL LAB OF SAN BERNARDINO 2101375-L YN01 06-009150 WATER SAMPLES TESTING SVCS . 636.00 Total : 636.00
203545 1/4/2022 005198 COMMUNITY DEVELOPMENT, 005198-102821 11-002025 MOBILEHOME PARK PROGRAM 525 .00 Total : 525.00
203546 1/4/2022 010754 COOL IMAGE WATER, OBA/ AMERICAN 1379 02-002523 PURIFIED DRINKING WATER 11 .98 1380 08-004681 DRINKING WATER SERVICE 61 .12
1382 11-001921 DRINKING WATER SERVICE 107.82
Page: 13
City Council Regular Meeting - Page 19 of 144
vchlist Check List Page: 14
12/22/2021 4:29:55PM City of Lynwood
Bank code : apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203546 1/4/2022 010754 COOL IMAGE WATER, DBA/ AMERICAN (Continued) 1383 08-004681 DRINKING WATER SERVICE 47.92
1385 06-009194 DRINKING WATER DELIVERY 197.67
1386 01-001632 WATER SERVICES 74.90
Total: 501.41
203547 1/4/2022 001306 CORELOGIC SOLUTIONS, LLC. 30578439 12-000363 PROPERTY OWNER INFORMATION 265.23 Total: 265.23
203548 1/4/2022 006380 COUNTY OF LOS ANGELES IN1047555 06-009195 DEPT OF PUBLIC HEAL TH FEE 37.00 Total : 37.00
203549 1/4/2022 007243 COUNTY OF LOS ANGELES, 21120603555 06-009233 TRAFFIC SIGNAL MAINTENANCE 490.55 21120603556 06-009233 TRAFFIC SIGNAL MAINTENANCE 757.73 Total : 1,248.28
203550 1/4/2022 010638 COURT OF CALIFORNIA, COUNTY OF LA 740A-113021 11-001922 PARKING CITATIONS AND BAIL 14,536.05 Total: 14,536.05
203551 1/4/2022 000305 CULLIGAN 1239200 06-009196 DRINKING WATER EQUIPMENT 81.52 Total : 81.52
203552 1/4/2022 000138 DAILY JOURNAL CORPORATION A3526183 06-009343 NOTICE INVITING BIDS MARTIN 277.50 B3464030 11-001924 PUBLICATION SERVICES 695.93
B3485739 06-009158 NOTICE OF PUBLIC HEARING 750.00
B3507903 11-001923 PUBLICATION SERVICES 626.23
B3520860 06-009326 ADVERTISING FOR NOTICE 250.00
Total: 2,599.66
203553 1/4/2022 011246 EFAX CORPORA TE 3430528 12-000374 ELECTRONIC FAX SERVICE 145.38 3561304 12-000374 ELECTRONIC FAX SERVICE 139.74
3607026 12-000374 ELECTRONIC FAX SERVICE 140.70
Total: 425.82
203554 1/4/2022 009633 EVENT STEP AND REPEAT 14376 08-004751 ADVERTISEMENT EVENT SERVICES 21.24 Total: 21.24
203555 1/4/2022 000028 EXCEL PAVING COMPANY 4-26612 06-008960 LYNWOOD RD, OLIVE ST., MCMILLAN ST., 7,100.93 Page: 14
City Council Regular Meeting - Page 20 of 144
vchlist Check List Page: 15
12/22/2021 4:29:55PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203555 1/4/2022 000028 000028 EXCEL PAVING COMPANY (Continued) Total : 7,100.93 203556 1/4/2022 003317 FAIR HOUSING FOUNDATION 003317-120921 11-001925 CDBG SUBRECIPIENT 1,343.21 Total : 1,343.21
203557 1/4/2022 001087 FANTASY FLOWERS AND GIFTS 0063 08-004797 CENTENNIAL CANDY CANE PARADE 154.35 Total : 154.35
20355B 1/4/2022 003334 FED EX 7-571-35536 02-002548 COURIER SERVICES 9.19 7 -586-38451 06-009236 COURIER SERVICES 10.73
7-601-70016 11-001962 SHIPPING FEES 7.68
Total: 27.60
203559 1/4/2022 004425 FUN EXPRESS . LLC 713352480-01 08-004770 VARIOUS HOLIDAY EVENTS 2021 4,266.26 7133524B0-01-A 08-004790 SUPPLIES FOR SNOW PLAY DAY 437.29 Total : 4,703.55
203560 1/4/2022 0039B3 GALLS QUARTERMASTER BC1496B68 11-001927 PUBLIC SAFETY DIVISION 1,189.31 Total: 1,189.31
203561 1/4/2022 001510 GRAINGER, INC. 913B541330 06-009203 OPERATING SUPPLIES 21.85 9145221900 06-009203 OPERATING SUPPLIES 13.23
9151101558 06-009203 OPERATING SUPPLIES 111 .22
91521B9339 06-009203 OPERATING SUPPLIES 229.11
Total: 375.41
203562 1/4/2022 000993 GRM INFORMATION MANAGEMENT 0439177 12-000371 OFFSITE TAPE STORAGE 92.66 0441257 12-000371 OFFSITE TAPE STORAGE 93.06
0441810-0441824 01-001638 CITYWIDE OFFSITE RECORDS 666.59 0443728 12-000371 OFFSITE TAPE STORAGE 93.47
Total : 945.78
203563 1/4/2022 013462 HERNANDEZ , IGNACIO 9325 REFUND-PLANNING PERMIT 176.00 Total : 176.00
203564 1/4/2022 001681 HUMAN SERVICES ASSOCIATION 113020218 08-004716 SENIOR MEALS PROGRAM 2,735.00 Total : 2,735.00
Page: 15
City Council Regular Meeting - Page 21 of 144
vchlist Check List Page: 16
12/22/2021 4:29:55PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203565 1/4/2022 000139 INC., LYNWOOD HARDWARE & SCREEN C223245 06-009240 PARTS, MATERIALS AND OPERATING 46.17 C223348 06-009240 PARTS, MATERIALS AND OPERATING 104.91 C223545 08-004741 OPERATING SUPPLIES 29.58
Total: 180.66
203566 1/4/2022 005848 INFRASTRUCTURE ENGINEERS 26148 06-008767 HSIP CYCLE 9 DESIGN ALAMEDA 263.40 26151 06-008768 HSIP CYCLE 9 DESIGN ATLANTIC 92.10
26260 06-009132 INSPECTION SERVICES-WATER 3,236 .64
26260-A 06-009360 INSPECTION SERVICES 1,921.92
26260-8 06-008903 SEWER INSPECTION ALEXANDER, 121.44
26326 06-008903 SEWER INSPECTION ON ALEXANDER, 7,480.68 26326-A 06-009133 WATER INSPECTION ON ALEXANDER, 1,215 .00 26326-B 06-009132 INSPECTION SERVICES 3,057 .60
26326-C 06-009360 INSPECTION SERVICES 6,726.72
26377 06-009360 INSPECTION SERVICES 2,983.84
26377 -A 06-008976 STREET INSPECTION ON ALEXANDER, 860.00 26377-8 06-008903 SEWER INSPECTION ON ALEXANDER , 242.88 26377-C 06-009132 INSPECTION SERVICES-WATER 6,473 .28
26443 06-008768 HSIP CYCLE 9 DESIGN ATLANTIC 993.80
26444 06-008766 HSIP CYCLE 9 DESIGN IMPERIAL 954.40
26448 06-009132 INSPECTION SERVICES-WATER 1,832.48
26448-A 06-009360 INSPECTION SERVICES 1,687.52
26449 06-008924 STREET INSPECTION CLARK, HALO, 5,605.60 26449-A 06-008926 SEWER INSPECTION ON CLARK, 554.40
26450 06-009362 INSPECTION SERVICES FOR PERMIT 6,160.00 26460 11-002011 HOUSING ELEMENT CONSUL TING 1,580.00
26461 11-002011 HOUSING ELEMENT CONSUL TING 1,496.00
26462 11-002011 HOUSING ELEMENT CONSUL TING 504.00
26474 11-001969 BUILDING & SAFETY DIVISION CONSUL TING 1,960.00 26475 11-001969 BUILDING & SAFETY DIVISION CONSULTING17 ,445.84 26500 06-009091 CITY ENGINEERING SERVICES 770.00
26501 06-009091 CITY ENGINEERING SERVICES 1,386.00
26502 06-009358 CIP PROJECT MANAGEMENT 8,624.00
26503 06-009358 CIP PROJECT MANAGEMENT 2,464.00
Total: 88,693.54
203567 1/4/2022 008254 JCL TRAFFIC SERVICES 112470 08-004764 CENTENNIAL CANDY CANE PARADE 1,900.00 --
Page: 16
City Council Regular Meeting - Page 22 of 144
vchlist Check List Page: 17
12/22/2021 4:29:SSPM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203567 1/4/2022 008254 JCL TRAFFIC SERVICES (Continued) 112471 08-004764 CENTENNIAL CANDY CANE PARADE 2,840 .00 Total: 4,740.00
203568 1/4/2022 001269 JOHN L. HUNTER & ASSOCIATES LYN 1 MS412110 06-009241 NPDES ANNUAL REPORT 426 .25 LYN1MS412111 06-009241 NPDES ANNUAL REPORT 1,788.75
Total: 2,215.00
203569 1/4/2022 003547 KANE , BALLMER & BERKMAN 26923 11-002023 LEGAL SERVICES 2,460.50 Total : 2,460.50
203570 1/4/2022 000001 KING FENCE, INC 43631 08-004696 MONTHLY FENCE RENTAL 37.50 43631 -A 08-004795 RENTAL OF FENCE AT LOS AMIGOS 5.00
Total: 42.50
203571 1/4/2022 003331 L.A. COUNTY SHERIFF DEPT. 221197AL 01-001655 ANTI CRUISING, LOUD NOISE, 5,698 .13 221328AL 01-001654 GENERAL LAW ENFORCEMENT 953,331 .20
221329AL 01-001660 STATE COPS PROGRAM 20,351.57
Total : 979,380.90
203572 1/4/2022 011638 LINDSAYMARCIACOX 111021A 08-004791 MR.& MS LYNWOOD COMP 2021 4,000 .00 Total : 4,000.00
203573 1/4/2022 008097 LRJ CONSTRUCTION , INC. 328-2 11-002033 HOME HOUSING REHAB LOAN 31,392 .00 329-1 11-002033 HOME HOUSING REHAB LOAN 3,488 .00
Total : 34,880.00
203574 1/4/2022 000348 LYNWOOD ATHLETICS COMMUNITY 000348-081621 11-001937 CDBG SUBRECIPIENT 1,937.43 Total : 1,937.43
203575 1/4/2022 013442 M & M APARTMENTS, LLC 013442-120821 11-002024 COVID-19 HOUSING AND UTILITY 6,465 .00 Total : 6,465.00
203576 1/4/2022 002761 MARCO POWER EQUIPMENT 21214693 06-009244 SUPPLIES, REPAIRS, MACHINERY 53.00 21214695 06-009244 SUPPLIES, REPAIRS, MACHINERY 26.54
Total : 79.54
203577 1/4/2022 013425 MATSON , PATRICK 013425 -111921-1 REIMB-COFERENCE EXPENSE 399.78 Page: 17
City Council Regular Meeting - Page 23 of 144
vchlist Check List Page: 18
12/22/2021 4:29:55PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203577 1/4/2022 013425 013425 MATSON, PATRICK (Continued) Total : 399.78 203578 1/4/2022 005256 MONJARAS & WISMEYER GROUP,INC. 20953 05-001896 EMPLOYEE ACCOMMODATION 420.00 Total : 420.00
203579 1/4/2022 009647 MV CHENG & ASSOCIATES, INC. 11/30/2021 02-002560 PRINCIPAL ACCOUNTANT 6,560.00 Total: 6,560.00
203580 1/4/2022 008574 NABB CONSTRUCTION, INC. 3253nci1 11-002034 HOME HOUSING REHAB GRANT 9,000.00 3253nci2 11-002034 HOME HOUSING REHAB GRANT 1,000.00
Total: 10,000.00
203581 1/4/2022 000475 NATIONWIDE ENVIRONMENTAL SVCS. 32023 06-009246 STREET SWEEPING SERVICES 5,282.55 Total : 5,282.55
203582 1/4/2022 011922 NORTH STAR LAND CARE LLC 1601-236 06-009320 TREE TRIMMING , MAINTENANCE 2,845.80 1601-238 06-009136 EMERGENCY TREE REMOVALS 549.00
1601-239 06-009320 TREE TRIMMING, MAINTENANCE 87.75
1601-242 06-009320 TREE TRIMMING, MAINTENANCE 18,163.05 Total : 21,645.60
203583 1/4/2022 005160 OCHOA, LAURA 005160-113021 REIMB-REGISTRATION FEE 360.00 Total: 360.00
203584 1/4/2022 000078 OFFICE DEPOT, INC. 210291904001 08-004783 OFFICE SUPPLIES 50.52 210291907001 08-004783 OFFICE SUPPLIES 44.85
210291916001 08-004783 OFFICE SUPPLIES 39.59
214139638001 01-001641 OPERATING SUPPLIES 41 .06
214139638002 01-001641 OPERATING SUPPLIES 23.13
214352604001 06-009210 OFFICE SUPPLIES 90.93
Total : 290.08
203585 1/4/2022 000045 OSUNA AUTO GLASS 10 06-009211 WINDOW AND MIRRIOR REPAIR 75.00 1004773 06-009211 WINDOW AND MIRRIOR REPAIR 210.00
Total: 285.00
203586 1/4/2022 010945 PETDATA, INC. 10294 11-001940 PET LICENSING SERVICES 500.00 Page: 18
City Council Regular Meeting - Page 24 of 144
vchlist Check List Page: 19
12/22/2021 4:29 :SSPM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203586 1/4/2022 010945 010945 PETDATA, INC. (Continued) Total : 500.00 2035B7 1/4/2022 004854 PETTY CASH- FINANCE 004854-121421 REPLENISH PETTY CASH BOX 627.93 Total: 627.93
203588 1/4/2022 000427 PETTY CASH-C.M .O. 000427-111621 REPLENISH PETTY CASH BOX 629.23 Total: 629.23
203589 1/4/2022 008307 PHOENIX GROUP INFORMATION SYS 112021204 11-001941 PARKING/ADMIN CITATION 28,692.54 112021902 11-001941 PARKING/ADMIN CITATION 350.00
Total : 29,042.54
203590 1/4/2022 008664 PINS ADVANTAGE 2011 05-001884 CERTIFICATE OF INSURANCE 125.00 Total : 125.00
203591 1/4/2022 013197 PLAMEX INVESTMENT, LLC 013197-122121 11-002032 COVID-19 SMALL BUSINESS 10,000.00 Total: 10,000.00
203592 1/4/2022 012135 RAMBOLL US CONSUL TING INC 1690080078 11-002026 ENVIRONMENTAL CONSUL TING 1,415.17 1690083674 11-002027 ENVIRONMENTAL CONSUL TING 4,786.26 Total: 6,201.43
203593 1/4/2022 001057 RAMIREZ, JUAN E. 211215 03-000420 INTERPRETER SERVICES 825.00 Total: 825.00
203594 1/4/2022 005067 ROADLINE 17006 06-009251 STREET SIGNS AND SUPPLIES 1,307.36 Total: 1,307.36
203595 1/4/2022 000075 S & J SUPPLY CO. S100183309 .001 06-009215 MATERIALS & SUPPLIES 1,859.75 S100184372.001 06-009215 MATERIALS & SUPPLIES 181.22
S100184726 .001 06-009215 MATERIALS & SUPPLIES 213.65
Total : 2,254.62
203596 1/4/2022 011923 SAFNA ENGINEERING & CONSULTING 10281 06-009312 ENGINEERING PROJECT 9,300.00 Total: 9,300.00
203597 1/4/2022 008802 SANTANA, MARISELA 008802-01312022 ELECTRONIC/MEDIA-AUTO EXPENSES 1/2022 500.00 Page: 19
City Council Regular Meeting - Page 25 of 144
vchlist Check List Page: 20
12/22/2021 4:29:55PM City of Lynwood
Bank code : apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203597 1/4/2022 008802 008802 SANTANA , MARISELA (Continued) Total: 500.00 203598 1/4/2022 006772 SEA CLEAR POOL, INC. 21-2292 06-009171 POOL MAINTENANCE 334.69 Total: 334.69
203599 1/4/2022 013372 SECTRAN SECURITY INC 21040444 10-000206 ARMORED TRUCK SERVICES 362 .55 21050447 10-000206 ARMORED TRUCK SERVICES 362 .55
21052010 10-000206 ARMORED TRUCK SERVICES 40.93
21060460 10-000206 ARMORED TRUCK SERVICES 364 .10
21070464 10-000206 ARMORED TRUCK SERVICES 364 .10
21080467 10-000206 ARMORED TRUCK SERVICES 365 .65
21090468 10-000206 ARMORED TRUCK SERVICES 367.20
21100479 10-000206 ARMORED TRUCK SERVICES 368.75
21110480 10-000206 ARMORED TRUCK SERVICES 370.30
21120486 10-000206 ARMORED TRUCK SERVICES 370.30
Total : 3,336.43
203600 1/4/2022 013247 SELECT PORTFOLIO SERVICING,INC 013247-122121 11-002030 COVID-19 HOUSING & UTILITY 6,273 .24 Total : 6,273.24
203601 1/4/2022 009297 SIGN CRE8TIONS 2215 08-004796 CENTENNIAL CANDY CANE PARADE 3,811 .81 2215-A 08-004772 CENTENNIAL CELEBRATION 2,500 .00
Total: 6,311.81
203602 1/4/2022 005397 SO CAL CONSTRUCTION SVCS . 1 OF 2 SC1765 11-001982 HOME HOUSING REHAB GRANT & LOAN 40,500 .00 Total: 40,500.00
203603 1/4/2022 008668 SOLACHE, JOSE LUIS 008668-013122 ELECTRONIC/MEDIA-AUTO EXPENSES 1/2022 500.00 Total: 500.00
203604 1/4/2022 012692 SOTO, RITA 012392 -013122 ELECTRONIC/MEDIA-AUTO EXPENSES 1/2022 500.00 Total: 500.00
203605 1/4/2022 000383 STATE CONTROLLER'S OFFICE FTB-00004139 11-002028 STATE CONTROLLER'S 2020 1,520.31 Total : 1,520.31
203606 1/4/2022 011394 SULLY-MILLER CONTRACTING CO. 07-112021 06-009053 ALBERTA , FIRST, FRANKLIN, 71,478 .10 09-092021 06-008861 176,953 .11
--
Page: 20
City Council Regular Meeting - Page 26 of 144
vchlist Check List Page: 21
12/22/2021 4:29:SSPM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203606 1/4/2022 011394 011394 SULLY-MILLER CONTRACTING CO. (Continued) Total: 248,431.21 203607 1/4/2022 002938 TAJ OFFICE SUPPLY 00370 01-001647 OPERATING SUPPLIES 93.71 00535 11-001967 OFFICE SUPPLIES 162.95
00539 11-001968 OPERATING SUPPLIES 31.24
00545 08-004738 CENTENNIAL CAR RAFFLE 364.98
00545-A 08-004802 CENTENNIAL CANDY CANE PARADE 163.12
00546 11-001986 PRINTING SERVICES 529.20
00558 06-009218 OFFICE & OPERATING SUPPLIES 255 .78
00595 11-001968 OPERATING SUPPLIES 267 .15
00598 11-002006 CUSTOM PRINTS 1,918 .35
Total: 3,786.48
203608 1/4/2022 013443 TAMALERIA MARIA'S 1205 08-004792 MR & MS LYNWOOD COMP 2021 254 .02 Total: 254.02
203609 1/4/2022 001211 THE BANK OF NEW YORK MELLON 252-2429111 10-000205 ADMINISTRATION FEE 550.00 Total: 550.00
203610 1/4/2022 013215 THE HOME DEPOT PRO SUPPLY WORK 656143641 06-009140 MATERIALS & SUPPLIES 133.38 656160116 06-009140 MATERIALS & SUPPLIES 53.27
656722121 06-009128 MATERIALS & SUPPLIES 1,471.86
656758893 06-009140 MATERIALS & SUPPLIES 57.46
Total : 1,715.97
203611 1/4/2022 011221 THE KILKENNY GROUP 52 01-001675 COMMUNICATIONS CONSUL TING 10,800 .00 53 01-001675 COMMUNICATIONS CONSUL TING 10,416 .00
Total : 21,216.00
203612 1/4/2022 004179 TIERRA WEST ADVISORS, LLC LY-1021 11-002039 INTERIM DIRECTOR OF COMMUNITY 12,375 .00 L Y-1121 11-002039 INTERIM DIRECTOR OF COMMUNITY 22,710 .00 Total: 35,085.00
203613 1/4/2022 012294 TRANSTECH ENGINEERS, INC. 20213790 06-009076 INSPECTION SERVICES ALBERTA, 7,042.45 20213790-A 06-009103 SEWER INSPECTION ON ALBERTA , 4,502 .55 Total: 11,545.00
203614 1/4/2022 003001 TYLER TECHNOLOGIES , INC. 045-358565 12-000380 EXECUTIME TIME AND ATTENDANCE 350.00 Page: 21
City Council Regular Meeting - Page 27 of 144
vchlist Check List Page: 22
12/22/2021 4:29:55PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203614 1/4/2022 003001 TYLER TECHNOLOGIES, INC. (Continued) 045-359342 12-000380 EXECUTIME TIME AND ATTENDANCE 1,050.00 Total: 1,400.00
203615 1/4/2022 007742 ULINE, INC. 141894099 06-009220 JANITORIAL SUPPLIES 175.30 142203683 06-009220 JANITORIAL SUPPLIES 133.65
142309613 08-004793 JANITORIAL SUPPLIES 199.21
142378259 08-004803 JANITORIAL SUPPLIES 271.63
142609717 06-009220 JANITORIAL SUPPLIES 297.92
Total : 1,077.71
203616 1/4/2022 009742 UNIFIRST CORPORATION 3242645462 06-009153 UNIFORM SERVICE AND SUPPLIES 10.25 3242645463 06-009153 UNIFORM SERVICE AND SUPPLIES 53.03 3242645464 06-009153 UNIFORM SERVICE AND SUPPLIES 46.38 3242645465 06-009153 UNIFORM SERVICE AND SUPPLIES 66.18 3242645466 06-009153 UNIFORM SERVICE AND SUPPLIES 62.45 3242645467 06-009153 UNIFORM SERVICE AND SUPPLIES 71.57 3242648811 06-009153 UNIFORM SERVICE AND SUPPLIES 10.25 3242648812 06-009153 UNIFORM SERVICE AND SUPPLIES 53.03 3242648813 06-009153 UNIFORM SERVICE AND SUPPLIES 46.38 3242648814 06-009153 UNIFORM SERVICE AND SUPPLIES 66.18 3242648815 06-009153 UNIFORM SERVICE AND SUPPLIES 62.45 3242648816 06-009153 UNIFORM SERVICE AND SUPPLIES 71 .57 3242652102 06-009153 UNIFORM SERVICE AND SUPPLIES 10.25 3242652103 06-009153 UNIFORM SERVICE AND SUPPLIES 53.03 3242652104 06-009153 UNIFORM SERVICE AND SUPPLIES 46.38 3242652105 06-009153 UNIFORM SERVICE AND SUPPLIES 74.13 3242652106 06-009153 UNIFORM SERVICE AND SUPPLIES 62.45 3242652107 06-009153 UNIFORM SERVICE AND SUPPLIES 71 .57 Total: 937.53
203617 1/4/2022 000461 UNITED RENTALS, INC. 200966853-001 08-004780 SNOW PLAY DAY 2021 1,248.28 201010124-001 08-004780 SNOW PLAY DAY 2021 229.93
201225879-001 08-004780 SNOW PLAY DAY 2021 185.50
Total : 1,663.71
203618 1/4/2022 013461 VELA, RICARDO 001328-0147 REFUNDABLE DEPOSIT 1,151.99 Page: 22
City Council Regular Meeting - Page 28 of 144
vchlist Check List Page: 23
12/22/2021 4:29:55PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 203618 1/4/2022 013461 013461 VELA, RICARDO (Continued) Total: 1,151.99 203619 1/4/2022 002912 WATERLINE TECHNOLOGIES .INC 5561656 06-009154 OPERATING SUPPLIES 168.68 5561657 06-009154 OPERATING SUPPLIES 185.55
5561659 06-009154 OPERATING SUPPLIES 522.92
5562321 06-009154 OPERATING SUPPLIES 118.08
5562322 06-009154 OPERATING SUPPLIES 379.54
5562325 06-009154 OPERATING SUPPLIES 480.75
Total: 1,855.52
203620 1/4/2022 000802 WEST, KENNETH 000802-060920 11-001435 PLANNING COMMISSIONER 50.00 Total : 50.00
203621 1/4/2022 008010 WESTERN NRG, INC. 141755 12-000379 SONICWALL ADVANCED RENEWAL 1,164.91 141755-A 12-000383 SONICWALL ADVANCED RENEWAL 119.40
Total : 1,284.31
203622 1/4/2022 000102 WHITE CAP, HD SUPPLY CONST.& 50017330055 06-009363 STAFF JACKETS 378.63 50017330055-A 06-009223 OPERATING SUPPLIES 23.79
50017387029 06-009363 STAFF JACKETS 378.63
50017451613 06-009363 STAFF JACKETS 310.00
Total: 1,091.05
203623 1/4/2022 000057 WILLDAN ENGINEERING 00621194 06-009037 WRIGHT ROAD BIDDING 4,185.10 Total: 4,185.10
203624 1/4/2022 007609 WILLDAN FINANCIAL SERVICES 010-49888 02-002564 PROFESSIONAL 27,180.00 Total: 27,180.00
203625 1/4/2022 013287 WINSTAR DONUTS 1002 08-004794 MR & MS LYNWOOD COMP 2021 229.22 Total: 229.22
203626 1/4/2022 011941 ZIONS BANK DIVISION 011941-120121-2019B 02-002549 LPFA LIMITED TAX MEASURE R 41,885.25 Total: 41,885.25
109 Vouchers for bank code: apbank Bank total : 1,796,402.59 Page: 23
City Council Regular Meeting - Page 29 of 144
Agenda Item # 9.
AGENDA STAFF REPORT
DATE:
January 4, 2022
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Ernie Hernandez, City Manager
PREPARED BY:
Gabriela Camacho, City Treasurer
Sheila Harding, Deputy City Treasurer
SUBJECT:
TREASURER'S QUARTERLY REPORT
Recommendation:
It is recommended that the City of Lynwood receive and file the attached Quarterly Investment Report. The following information provided in this report highlights the investment activity for the quarter ending September 30, 2021.
Background:
Due to the crisis caused by the Orange County investment pool, the State Legislature in 1995 enacted SB564 and SB866. These laws were enacted as State Statutes to impose certain mandates regarding investments with public funds. The statutes have imposed the following mandates:
1. Annual adoption of an Investment Policy that incorporates changes mandated by the State.
2. Quarterly Investment Reports presented to the Legislative Body or Board Members.
3. Restriction on the use of certain investment instruments.
The purpose of the Treasurer’s report is to update the City Council and the public of the status of the City’s cash balances, investments and highlight changes from one period to another. This report includes reconciliation between cash and investment balances, a schedule of all investments, and a report providing information on all investment types, costs, interest rates, maturity dates and current market value.
Reports prepared by FTN Main Street Capital Advisors are as follows:
Portfolio Summary
Investment Policy Compliance Report
Historical Earnings & Book Rate
Portfolio Summary - Management
Portfolio Details – Investments Report
Inventory by Maturity Report
Credit Rating Report
City Council Regular Meeting - Page 30 of 144
Interest Earnings Report
Accrued Interest Report
Realized Gains/Losses
Cash Reconciliation Report
Discussion and Analysis:
The market value of securities fluctuates, depending on how interest rates perform. When interest rates decrease, the market value of the securities in the City’s portfolio will likely increase and when the interest rates increase, the market value of the securities will likely decrease. The City’s practice is to buy and hold investments until maturity so changes in the market price do not affect the City’s investment principal.
Short-term excess cash is primarily invested in the Local Agency Investment Fund (LAIF) administered by the State Treasurer. LAIF is a high quality investment available in terms of safety, liquidity and yield. The City’s cash and investment portfolio is sufficiently liquid to meet expected expenditures for the coming six months.
The majority of property tax revenues are received from the County in December and April. The vast majority of cash held by the City is deposited into the Local Agency Investment Fund and can be withdrawn at any time.
There are three petty cash funds totaling $1,700.00 currently being used by various departments. There are two change funds totaling $640.00; Water Billing $600.00 and Recreation $40.00.
The total received from Urban Farming for the 1st quarter reporting is $137,121.89.
The total amount of Non-Sufficient Funds (NSF) from customers for the1st quarter reporting is $4,648.80 of which $4,648.80 has been collected. The remaining balance of Non-Sufficient Funds outstanding for the 1st quarter is Zero.
The market valuation is provided by FTN Main Street Capital Advisors and all of the investments are in compliance with California Government Code Sections 53600 et seq. and the City’s investment policy.
Fiscal Impact:
There is no fiscal impact.
Coordinated With:
FTN Financial Main Street Advisors
ATTACHMENTS:
Description
Quarterly Report - September 2021
FHN - September 2021
City Council Regular Meeting - Page 31 of 144
Schedule of City Cash & Investments: This schedule provides information on the cash and investments managed by the City.
Quarterly Interest Credit
Money Market/Certificate of Deposit (CD) Balance Interest F/Y to Date JP Morgan Chase - Section 108 MMA $125,266.77 3.11$ 3.11$ JP Morgan Chase - Money Market Account $1,881,872.10 46.74$ 46.74$ JP Morgan Chase - Parking Enforcement $5,070,776.30 122.68$ 122.68$ US Bank - City of Lynwood 4,539.60$ 0.39$ 0.39$ Total $7,082,454.77 172.92$ 172.92$
Demand Deposits
General Account 17,763,447.46
US Bank - Economic Development 10,696.54
US Bank - Housing Authority A 42,124.99
US Bank - Housing Authority B 18,000.09$
US Bank - City HCDA 78,719.79$
US Bank - City Home Program 619,799.00
US Bank - Taxable Tabs 1,710,209.45$
US Bank - Lyn Tr. Center Unf Wrkr 2,791.24$
US Bank - Money Market Account 49,028.48$
US Bank - US Dept. of HUD/Section 108 170,048.96$
US Bank - RORF Successor Agency 4,327,840.85
US Bank - Low Mod Housing Trst Fnd/Rogel 5,010,704.89
US Bank - Lynwood Disaster Relief Fund 5,000.00$
US Bank - Settlement Remittance Fund 340,637.36
US Bank - Housing Authority 6,376.71$
Total 30,155,425.81$
Money Market Fund - A Money Market fund is a type of mutual fund that invest in short term debt securities of agenies of the U.S. Government, banks, corporations and U.S. Treasury Bills.
Some advantages of a money market fund over savings and CDs are high liquidity, low risk, and competive yields.
The City currently has a total of five MMA accounts within the City's investment portfolio.
Certificate of Deposit - A Certificate of Deposit or CD, is a time deposit. They are similar to savings accounts in that they are insured and relatively risk-free. They are different from savings accounts in that they usually are for a fixed term and a fixed interest rae. CDs are inteded to be held until maturity, at which time, the money may be withdrawn together with the accrued interest. The City currently has one CD within the City's investment portfolio
Demand Deposits - Also known as "cash in the bank", this is the balance of the City's checking account with US Bank, from which virtually all obligations are paid.
CITY OF LYNWOOD
QUARTERLY INVESTMENT REPORT
September 30, 2021
City Council Regular Meeting - Page 32 of 144
Quarter Ending Date Interest
Issuer Investment Balance Interest Received Rate
State of California LAIF 9,525,167.07 14,705.27 7/15/2021 0.33% Local Agency Investment Fund (LAIF):
The Local Agency Investment Fund is managed by the State Treasurer's Office Investment Division through the Pooled Money Investment Account (PIMA). The LAIF allows cities, counties and special districts to place money in a major portfolio and to use the expertise of their Investment Division staff, with no additional cost to taxpayers. Participating agencies can withdraw their funds from the LAIF at any time. The State Treasurer invests money safely and prudently while minimizing the service costs and maximizing the service costs and maximizing the investment yields. These investments help manage cash flow and enhance financial security.
The interest earned from the LAIF is distribued quarterly. (See Chart Below) 178.3 Billion
9/30/2021
CITY OF LYNWOOD
QUARTERLY REPORT
September 30, 2021
LAIF Daily Yield .65% - Quarter to Date 0.80% - Average Days to Maturity 169 Pooled Money Investment Account
Monthly Portfolio Composition
0 0.2 0.4 0.6 0.8 1
Loans
Corporate Bonds
Commercial Paper
Now Accounts
Time Deposits
CDs/BNs
Agencies
Mortgages
Treasuries
1 0.41%
0.16%
6.35%
0.00%
2.21%
7.90%
16.58%
0.00%
Sept 2021.xls
City Council Regular Meeting - Page 33 of 144
PAR MARKET BOOK
INVESTMENTS VALUE VALUE VALUE
*Money Market Funds 1,316,651.21$ 1,316,651.21$ 1,316,651.21$ LAIF 9,525,167.07 9,525,167.07 9,525,167.07
Corporate Notes 2,000,000.00$ 2,098,847.50$ 2,026,876.27$ Federal Agency 3,700,000.00$ 3,751,990.00$ 3,728,355.39$ Treasury Coupon Securities 5,500,000.00$ 5,482,190.00$ 5,515,771.47$ CD-FDIC 3,968,000.00$ 4,069,663.69$ 3,966,357.24$ TOTAL 26,009,818.28$ 26,244,509.47$ 26,079,178.65$ *Money Market Fund held at Goldman Sach
Schedule of City Cash & Investments: This schedule provides information on the cash and investments managed by the City.
Time Deposit/MM/Certificate of Deposit Balance Maturity Date Interest JP Morgan Chase (Section 108) 125,266.77$ N/A 3.11$ JP Morgan Chase - Money Market Account 1,881,872.10$ N/A 46.74$ JP Morgan Chase - Parking Enforcement 5,070,776.30$ N/A 122.68$ US Bank - City of Lynwood 4,539.60$ N/A 0.39$ TOTAL 7,082,454.77$ 172.92$
Corporate Checking Accounts Balance
General Account 17,763,447.46$
US Bank - City HCDA 78,719.79$
US Bank - City Home Program 619,799.00$
US Bank - Economic Development 10,696.54$
US Bank - Housing Authority A 42,124.99$
US Bank - Housing Authority B 18,000.09$
US Bank - Lyn Tr. Center Unf Wrkr 2,791.24$
US Bank - City of Lynwood 49,028.48$
US Bank - RORF Successor Agency 4,327,840.85$
US Bank - Low Mod Housing Trst Fnd/Rogel 5,010,704.89$
US Bank - Taxable Tabs Housing Proj. 1,710,209.45$
US Bank - US Dept. of HUD/Section 108 170,048.96$
US Bank - Lynwood Disaster Relief Fund 5,000.00$
US Bank - Settlement Remittance Fund 340,637.36$
US Bank - Housing Authority 6,376.71$
TOTAL 30,155,425.81$
CITY OF LYNWOOD
QUARTERLY REPORT
30-Sep-21
PORTFOLIO SUMMARY
Sept 2021.xlsCity Council Regular Meeting - Page 34 of 144 2020
Jan - Mar Apr - June July - Sept Oct - Dec
Investments Managed by Main Street $29,709,667.39 $29,758,531.25 26,244,509.47 $26,734,010.70 Cash & Investments $21,238,183.32 30,737,800.38 37,237,880.58 $22,773,672.00 Per Treasurer's Reports 50,947,850.71 60,496,331.63$ $63,482,390.05 $49,507,682.70 Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account* 11,827,290.79$ 9,203,636.36$ 15,064,390.25$ 5,966,536.90$ *Local Agency Investment Fund 18,010,461.80$ 14,705.27$ 5,000,000.00$ 13,025,167.07$ US Bank - Economic Development 10,696.54$ -$ -$ 10,696.54$ US Bank - RORF - Successor Agency 5,371,000.21$ 24,010.00$ 5,346,990.21$ US Bank - Low Mod Housing Trust 4,579,526.09$ -$ 25,800.85$ 4,553,725.24$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account* 5,966,536.90$ 20,644,663.10$ 9,124,187.15$ 17,487,012.85$ *Local Agency Investment Fund 13,025,167.07$ -$ 3,500,000.00$ 9,525,167.07$ US Bank - Economic Development 10,696.54$ 10,696.54$ US Bank - RORF - Successor Agency 5,346,990.21$ 1,026,291.36$ 4,320,698.85$ US Bank - Low Mod Housing Trust 4,553,725.24$ 626,904.00$ 139,836.85$ 5,040,792.39$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account 17,487,012.85$ 4,443,535.70$ 4,167,101.09$ 17,763,447.46$ *Local Agency Investment Fund 9,525,167.07$ -$ 9,525,167.07$ US Bank - Economic Development 10,696.54$ -$ -$ 10,696.54$ US Bank - RORF - Successor Agency 4,320,698.85$ 7,142.00$ 4,327,840.85$ US Bank - Low Mod Housing Trust 5,040,792.39$ 30,087.50 5,010,704.89$ QUARTERLY TOTAL OF DEBITS/CREDITS 34,940,586.43$ 38,101,705.05$ *Most Active Accounts
*Funds transferred from LAIF account to the general account to cover expenditures
CITY OF LYNWOOD
QUARTERLY REPORT
30-Sep-21
MONTHLY BALANCES PER STATEMENT
DEMAND DEPOSIT ACCOUNTS - MOST ACTIVE
2021
BALANCES PER QUARTER
Jul-21
Aug-21
Sep-21
City Council Regular Meeting - Page 35 of 144
AVERAGE
MARKET PERCENTAGE (%) DAYS TO
DESCRIPTION VALUE PORTFOLIO MATURITY
INVESTMENTS* 26,244,509.47 100% *
CERTIFICATE OF DEPOSIT/TIME DEPOSIT/
MONEY MARKET/CUSTODY HOLDINGS 7,082,454.77
CHECKING ACCOUNT 30,155,425.81
TOTAL AVERAGES 37,237,880.58$
TOTAL INVESTMENTS & AVERAGES 63,482,390.05$
Gabriela Camacho/Sheila Harding
Gabriela Camacho/Sheila Harding I certify that this report accurately reflects all pooled City Treasurer/Deputy Treasurer investment policy statements adopted by the City Council on August 15, 1995. A copy of this policy is available at the office of the City Clerk. The Investment Program herein shown provides sufficient cash flow liquidy to meet 3 to 6 months estimated expenditures.
*See Report Prepared by Main Street Capital Advisors
CITY OF LYNWOOD
QUARTERLY REPORT
September 30, 2021
MASTER SUMMARY
Sept 2021.xlsCity Council Regular Meeting - Page 36 of 144 Portfolio Summary
LAIF
U.S. Treasury
Market Value Goldman Sach Govt MMF
Book Value FFCB
Variance FHLB
FNMA
Par Value JP Morgan Chase & Co.
FHLMC
Net Asset Value Exxon Mobil
Toyota
Book Yield US Bank
Met Life
Years to Maturity Jackson Natl Life
New York Life
Effective Duration UBS
*Book Value is Amortized
0.94% 0.95%
1.57 1.62
1.53 1.57
1.9%
1.0%
9/30/2021
SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S) City of Lynwood
ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS Issuer % Portfolio
36.5%
21.2%
1.0%
1.0%
1.0%
1.0%
1.0%
1.0%
$100.634 $100.896
9/30/21 8/31/21
$26,244,509 $26,296,364
$26,079,179 $26,062,938
$165,331 $233,426
$26,009,818 $25,991,724
4.6%
4.0%
3.8%
1.9%
5.0%
Agy 14.3%
Tsy 21.2%
LAIF 36.5%
MMF 5.0%
CD-FDIC
15.2%
Corp 7.8%
51.1%
10.5% 10.6%
15.4%
12.4%
0%
10%
20%
30%
40%
50%
60%
70%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y
36.5%
15.2%
0.0%
0.0%
1.9%
2.9%
0.0%
1.0%
1.0%
41.5%
0% 25% 50%
NR-LAIF
NR-FDIC CDs
P-1
A3
A2
A1
Aa1
Aa2
Aa3
Aaa
0.60%
0.80%
1.00%
1.20%
1.40%
1.60%
1.80%
2.00%
2.20%
2.40%
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Total
Ex LAIF
NR: Not RatedPer Book ValuePer Book Value
Per Book Value
2 City Council Regular Meeting - Page 37 of 144
Investment Policy Compliance
Securities' market values are derived from the Entity's custodian.
City of Lynwood 9/30/2021
21.2%Yes:
Weighted Average Maturity Weighted Average Maturity (WAM) must be less than 3 years.
U.S. Treasuries No sector limit, no issuer limit, maximum maturity 5 years.
Liquidity At least 30% of the portfolio must have maturities of 1 year or less. Yes: 51.1% Item / Sector Parameters In Compliance
1.57 Yrs
Supranational Debt Obligations
U.S. Federal Agencies No sector limit, no issuer limit (FHLB, FFCB, FNMA, FHLMC), maximum maturity 5 years.
Commercial Paper
25% sector limit, no issuer limit, maximum maturity of 1 year, issued by national/state charter banks or savings and loan associations, collateralized according to State Code.
LAIF No sector limit, issuer limit is $65 million.
Negotiable Certificates of Deposit 30% sector limit, issuer limit no greater than FDIC insured limit (currently $250,000), max maturity 5 years, issued by national/state charter banks or savings and loan associations. 30% limit, 5% per issuer of US dollar-denominated senior unsecured unsubordinated obligations guaranteed by IBRD, IFC, and IABD. Max maturity 5 years, min rating by 2 NRSRO's of AA.
Non-Negotiable Time Deposits
25% sector limit, 2% per issuer, maximum maturity 270 days, rated A-1 S&P or P-1 Moody's, issued by a domestic corporation w/ at least $500 million of assets and A (S&P) or A2 (Moody's) long term debt.
Money Market Mutual Funds Sector limit 20%, issuer limit 10%, Aaa (S&P) and AAA (Moody's).
Corporate Medium Term Notes 30% sectors limit, 2% issuer limit (includes CP in aggregate), maximum maturity 5 years, rated at least A by S&P or A2 by Moody's.
Yes:
14.3%
15.2%
0.0%
9.5 Mil
0.0%
0.0%
5.0%
7.8%
Yes:
Yes:
Yes:
Yes:
Yes:
Yes:
Yes:
Yes:
3 City Council Regular Meeting - Page 38 of 144
Historical Earnings and Book Rate of Return Performance Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
$12.2 $25.2 $38.6 $60.4 $73.8 $87.6 $109.0 $122.3 $136.9 $159.5 $174.8 $190.5 $16.9 $34.0 $49.5 $78.2 $93.6 $109.5 $136.7 $154.3 $173.9 $205.9 $225.9 $245.5 $20.7 $42.0 $63.2 $85.8 $106.6 $128.0 $152.4 $176.5 $200.9 $225.6 $252.5 $281.1 $28.6 $53.2 $75.2 $99.7 $122.7 $145.5 $174.9 $200.2 $229.0 $261.9 $297.4 $332.7 $37.9 $76.5 $113.6 $155.5 $190.6 $227.5 $272.8 $315.9 $362.6 $413.0 $462.1 $527.1 $65.1 $31.7 $187.2 $249.1 $303.1 $354.9 $410.1 $456.9 $498.4 $552.6 $586.8 $623.5 $35.2 $66.2 $94.9 $120.4 $147.3 $173.9 $199.7 $223.1 $247.9 $271.2 $294.5 $316.9 $20.8 $42.4 $62.8
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
0.89% 0.88% 0.95%
Custom Benchmark* 0.40% 0.38% 0.36%
0.49% 0.50% 0.59%
*Benchmark: 60% LAIF's Monthly Distribution Rate; ICE BofAML 24-Month Moving Average of 25% the 1-5 Year Corporate Index, 15% 1-5 Year Agency Index City of Lynwood 9/30/2021
Variance
Book Rate of Rtn
Fiscal YTD ($000s)
FY 2015
FY 2016
FY 2017
FY 2018
FY 2019
FY 2020
FY 2021
FY 2022
$0
$100
$200
$300
$400
$500
$600
$700
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Thousands
Fiscal Year-to-Date Earnings
FY 2015
FY 2016
FY 2017
FY 2018
FY 2019
FY 2020
FY 2021
FY 2022
0.00%
0.20%
0.40%
0.60%
0.80%
1.00%
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Monthly Book Rate of Return vs Benchmark
Portfolio
Benchmark
11 City Council Regular Meeting - Page 39 of 144
10-20-2021
14 City Council Regular Meeting - Page 40 of 144
Moody's
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2021
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Lynwood - Portfolio Management
S&P
YTM
365CUSIP Investment #
Purchase
Date
Money Market Funds
AaaGoldman Sach Govt MMF10011 1,316,651.21 1,316,651.21 0.0261,316,651.21 0.0269000 AAA 1,316,651.21 0.0261,316,651.211,316,651.211,306,594.04Subtotal and Average LAIF
LAIF10000 9,525,167.07 9,525,167.07 0.2109,525,167.07 0.2109001 9,525,167.07 0.2109,525,167.079,525,167.079,525,167.07Subtotal and Average Corporate Notes
A1Jackson Natl Life10128 250,000.00 249,671.41 06/27/20222.50007/12/2017 254,115.00 2.69146849LSW2 AA- A2JP Morgan Chase & Co.10160 500,000.00 507,910.18 05/13/20243.62505/13/2019 537,885.00 2.97046625HJX9 A- Aa3Met Life10135 250,000.00 250,234.63 04/08/20222.65011/02/2017 253,212.50 2.45859217GCD9 AA- AaaNew York Life10167 250,000.00 249,406.15 01/22/20252.00001/22/2020 257,997.50 2.07664952WDL4 AA+ A1Toyota10155 250,000.00 251,655.01 01/08/20243.35002/28/2019 265,677.50 3.03389236TFS9 A+ A1US Bank10156 250,000.00 251,364.37 07/24/20233.40003/01/2019 263,342.50 3.07690331HNV1 AA- Aa2Exxon Mobil10168 250,000.00 266,634.52 03/19/20252.99206/22/2020 266,617.50 1.02130231GBH4 AA 2,026,876.27 2.5272,098,847.502,000,000.002,027,244.02Subtotal and Average Federal Agency
AaaFFCB10152 500,000.00 500,051.29 11/15/20213.05011/27/2018 501,815.00 2.9613133EJT74 AA+ AaaFFCB10162 500,000.00 499,944.97 07/01/20241.90007/02/2019 518,905.00 1.9043133EKTV8 AA+ AaaFFCB10165 200,000.00 199,007.87 10/16/20241.50010/17/2019 205,440.00 1.6713133EK3B0 AA+ AaaFHLB10124 500,000.00 499,740.19 12/10/20211.87512/28/2016 501,670.00 2.1623130AAB49 AA+ AaaFHLB10171 500,000.00 532,168.56 03/14/20252.37510/07/2020 529,300.00 0.4893130A4CH3 AA+ AaaFHLMC10172 500,000.00 497,984.86 09/23/20250.37510/20/2020 491,675.00 0.4783137EAEX3 AA+ AaaFNMA10136 500,000.00 499,457.65 10/05/20222.00011/30/2017 509,665.00 2.1133135G0T78 AA+ AaaFNMA10169 500,000.00 500,000.00 08/18/20250.50008/18/2020 493,520.00 0.5003136G4H71 AA+ 3,728,355.39 1.5153,751,990.003,700,000.003,728,636.99Subtotal and Average Treasury Coupon Securities
AaaU.S. Treasury10173 500,000.00 502,679.53 03/15/20230.50012/16/2020 502,325.00 0.131912828ZD5 AA+ AaaU.S. Treasury10174 500,000.00 495,107.37 01/31/20260.37502/25/2021 489,080.00 0.60491282CBH3 AA+ AaaU.S. Treasury10176 500,000.00 492,098.11 05/31/20250.25006/29/2021 491,405.00 0.688912828ZT0 AA+ AaaU.S. Treasury10178 1,000,000.00 999,964.22 11/15/20230.25007/22/2021 998,560.00 0.25291282CAW1 AA+ AaaU.S. Treasury10179 1,000,000.00 989,960.82 11/30/20250.37507/22/2021 980,590.00 0.62091282CAZ4 AA+ Portfolio LYNW
APData Updated: SET_PMM: 10/19/2021 14:45
Run Date: 10/19/2021 - 14:45 PM (PRF_PM2) 7.3.0
Report Ver. 7.3.6.1
16City Council Regular Meeting - Page 41 of 144
Moody's
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2021
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Lynwood - Portfolio Management
S&P
YTM
365CUSIP Investment #
Purchase
Date
Treasury Coupon Securities
AaaU.S. Treasury10180 1,000,000.00 1,002,287.44 05/31/20260.75007/22/2021 991,210.00 0.70091282CCF6 AA+ AaaU.S. Treasury10181 1,000,000.00 1,033,673.98 11/30/20241.50007/22/2021 1,029,020.00 0.427912828YV6 AA+ 5,515,771.47 0.4925,482,190.005,500,000.005,516,059.81Subtotal and Average
CD-FDIC
Comenity Capital Bank10143 248,000.00 247,800.46 06/29/20233.30006/29/2018 260,952.78 3.40320033AZK5 BMW Bank10170 248,000.00 248,000.00 09/25/20250.50009/25/2020 244,273.38 0.50005580AXF6 Citibank10154 248,000.00 247,724.08 02/27/20243.00002/28/2019 263,162.09 3.05217312Q3B3 Enerbank10164 248,000.00 247,762.90 09/27/20232.00009/30/2019 256,096.19 2.05229278TLY4 Capital One Bank USA10129 248,000.00 247,902.60 08/02/20222.30008/03/2017 252,379.85 2.3511404203Z1 Eagle Bank10159 248,000.00 248,000.00 05/20/20222.60005/10/2019 251,703.27 2.60527002YEM4 Flagstar Bank10161 248,000.00 248,000.00 06/13/20222.50006/12/2019 252,063.35 2.50033847E2J5 First Missouri Bank10163 248,000.00 248,000.00 09/13/20241.85009/13/2019 256,886.12 1.85232100LCB9 Goldman Sachs Bank10144 248,000.00 247,799.69 07/06/20233.30007/09/2018 261,024.94 3.35238148PR33 Merrick Bank10153 248,000.00 247,838.91 02/21/20233.35012/19/2018 258,713.58 3.40759013J5Z8 Morgan Stanley Bank10137 248,000.00 247,850.87 01/11/20232.65001/12/2018 255,637.36 2.70261747MF63 State Bank of India10175 248,000.00 248,000.00 04/27/20261.00004/27/2021 248,122.60 1.001856283S98 Salllie Mae Bank10132 248,000.00 247,895.89 08/23/20222.35008/24/2017 252,792.71 2.402795450D36 Toyota Bank10177 248,000.00 248,000.00 07/15/20260.95007/15/2021 247,013.82 0.95189235MLC3 UBS10182 248,000.00 248,000.00 08/11/20260.95008/11/2021 246,820.04 0.95190348JR93 Wells Fargo Bank10147 248,000.00 247,781.84 08/30/20233.30008/31/2018 262,021.61 3.354949763TF3 3,966,357.24 2.2774,069,663.693,968,000.003,966,315.86Subtotal and Average
0.94126,070,017.79 26,009,818.28 26,244,509.47 26,079,178.65Total and Average Portfolio LYNW
APData Updated: SET_PMM: 10/19/2021 14:45
Run Date: 10/19/2021 - 14:45 PM (PRF_PM2) 7.3.0
17 City Council Regular Meeting - Page 42 of 144
Lynwood - Maturity Report
Inventory by Maturity Report
September 30, 2021
Current
Rate
Par
Value
Book
Value
Sec.
TypeFund Date
Maturity
Amount
Days toTotal
Days 360 365
Maturity YTM
MaturityCUSIP Investment # Issuer
Purchase
Date
9,525,167.070.2109,525,167.07 9,525,167.0707/01/2021LAIF100009001 PA2LYNL 10.2100.2071 1,316,651.210.0261,316,651.21 1,316,651.2107/01/2021Goldman Sach Govt MMF100119000 PA1LYN 10.0260.0261 500,000.003.050500,051.29 500,000.0011/27/2018FFCB101523133EJT74 FACLYN 11/15/2021 452.9612.9211,084 500,000.001.875499,740.19 500,000.0012/28/2016FHLB101243130AAB49 FACLYN 12/10/2021 702.1622.1321,808 250,000.002.650250,234.63 250,000.0011/02/2017Met Life1013559217GCD9 MTNLYN 04/08/2022 1892.4582.4241,618 248,000.002.600248,000.00 248,000.0005/10/2019Eagle Bank1015927002YEM4 MC2LYN 05/20/2022 2312.6052.5691,106 248,000.002.500248,000.00 248,000.0006/12/2019Flagstar Bank1016133847E2J5 MC2LYN 06/13/2022 2552.5002.4661,097 250,000.002.500249,671.41 250,000.0007/12/2017Jackson Natl Life1012846849LSW2 MTNLYN 06/27/2022 2692.6912.6541,811 248,000.002.300247,902.60 248,000.0008/03/2017Capital One Bank USA101291404203Z1 MC2LYN 08/02/2022 3052.3512.3191,825 248,000.002.350247,895.89 248,000.0008/24/2017Salllie Mae Bank10132795450D36 MC2LYN 08/23/2022 3262.4022.3691,825 500,000.002.000499,457.65 500,000.0011/30/2017FNMA101363135G0T78 FACLYN 10/05/2022 3692.1132.0841,770 248,000.002.650247,850.87 248,000.0001/12/2018Morgan Stanley Bank1013761747MF63 MC2LYN 01/11/2023 4672.7022.6651,825 248,000.003.350247,838.91 248,000.0012/19/2018Merrick Bank1015359013J5Z8 MC2LYN 02/21/2023 5083.4073.3601,525 500,000.000.500502,679.53 500,000.0012/16/2020U.S. Treasury10173912828ZD5 TRCLYN 03/15/2023 5300.1310.129819 248,000.003.300247,800.46 248,000.0006/29/2018Comenity Capital Bank1014320033AZK5 MC2LYN 06/29/2023 6363.4033.3571,826 248,000.003.300247,799.69 248,000.0007/09/2018Goldman Sachs Bank1014438148PR33 MC2LYN 07/06/2023 6433.3523.3061,823 250,000.003.400251,364.37 250,000.0003/01/2019US Bank1015690331HNV1 MTNLYN 07/24/2023 6613.0763.0331,606 248,000.003.300247,781.84 248,000.0008/31/2018Wells Fargo Bank10147949763TF3 MC2LYN 08/30/2023 6983.3543.3081,825 248,000.002.000247,762.90 248,000.0009/30/2019Enerbank1016429278TLY4 MC2LYN 09/27/2023 7262.0522.0231,458 1,000,000.000.250999,964.22 1,000,000.0007/22/2021U.S. Treasury1017891282CAW1 TRCLYN 11/15/2023 7750.2520.248846 250,000.003.350251,655.01 250,000.0002/28/2019Toyota1015589236TFS9 MTNLYN 01/08/2024 8293.0332.9921,775 248,000.003.000247,724.08 248,000.0002/28/2019Citibank1015417312Q3B3 MC2LYN 02/27/2024 8793.0523.0101,825 500,000.003.625507,910.18 500,000.0005/13/2019JP Morgan Chase & Co.1016046625HJX9 MTNLYN 05/13/2024 9552.9702.9291,827 500,000.001.900499,944.97 500,000.0007/02/2019FFCB101623133EKTV8 FACLYN 07/01/2024 1,0041.9041.8781,826 248,000.001.850248,000.00 248,000.0009/13/2019First Missouri Bank1016332100LCB9 MC2LYN 09/13/2024 1,0781.8521.8271,827 200,000.001.500199,007.87 200,000.0010/17/2019FFCB101653133EK3B0 FACLYN 10/16/2024 1,1111.6711.6481,826 1,000,000.001.5001,033,673.98 1,000,000.0007/22/2021U.S. Treasury10181912828YV6 TRCLYN 11/30/2024 1,1560.4270.4211,227 250,000.002.000249,406.15 250,000.0001/22/2020New York Life1016764952WDL4 MTNLYN 01/22/2025 1,2092.0762.0481,827 500,000.002.375532,168.56 500,000.0010/07/2020FHLB101713130A4CH3 FACLYN 03/14/2025 1,2600.4890.4821,619 250,000.002.992266,634.52 250,000.0006/22/2020Exxon Mobil1016830231GBH4 MTNLYN 03/19/2025 1,2651.0211.0071,731 500,000.000.250492,098.11 500,000.0006/29/2021U.S. Treasury10176912828ZT0 TRCLYN 05/31/2025 1,3380.6880.6791,432 500,000.000.500500,000.00 500,000.0008/18/2020FNMA101693136G4H71 FACLYN 08/18/2025 1,4170.5000.4931,826 500,000.000.375497,984.86 500,000.0010/20/2020FHLMC101723137EAEX3 FACLYN 09/23/2025 1,4530.4780.4711,799 248,000.000.500248,000.00 248,000.0009/25/2020BMW Bank1017005580AXF6 MC2LYN 09/25/2025 1,4550.5000.4931,826 1,000,000.000.375989,960.82 1,000,000.0007/22/2021U.S. Treasury1017991282CAZ4 TRCLYN 11/30/2025 1,5210.6200.6111,592 Portfolio LYNW
APData Updated: SET_MAT: 10/19/2021 14:49
Run Date: 10/19/2021 - 14:49 IM (PRF_IM) 7.1.1
Report Ver. 7.3.6.1
19 City Council Regular Meeting - Page 43 of 144
Current
Rate
Par
Value
Book
Value
Sec.
Type
Fund Date
Maturity
Amount
Days toTotal
Days 360 365
Maturity YTM
Maturity
Inventory by Maturity Report
Lynwood - Maturity Report
CUSIP Investment # Issuer
Purchase
Date
500,000.000.375495,107.37 500,000.0002/25/2021U.S. Treasury1017491282CBH3 TRCLYN 01/31/2026 1,5830.6040.5961,801 248,000.001.000248,000.00 248,000.0004/27/2021State Bank of India10175856283S98 MC2LYN 04/27/2026 1,6691.0010.9871,826 1,000,000.000.7501,002,287.44 1,000,000.0007/22/2021U.S. Treasury1018091282CCF6 TRCLYN 05/31/2026 1,7030.7000.6901,774 248,000.000.950248,000.00 248,000.0007/15/2021Toyota Bank1017789235MLC3 MC2LYN 07/15/2026 1,7480.9510.9381,826 248,000.000.950248,000.00 248,000.0008/11/2021UBS1018290348JR93 MC2LYN 08/11/2026 1,7750.9510.9371,826 Subtotal and Average 26,009,818.28 26,009,818.2826,079,178.65 0.928 0.941 571 26,009,818.28 26,009,818.2826,079,178.65Net Maturities and Average 0.928 0.941 571 Portfolio LYNW
APData Updated: SET_MAT: 10/19/2021 14:49
Run Date: 10/19/2021 - 14:49 IM (PRF_IM) 7.1.1
Report Ver. 7.3.6.1
20 City Council Regular Meeting - Page 44 of 144
Lynwood - Credit Rating
Credit Rating Report
September 30, 2021
Sorted by Moody's - Investment Number
Security #
Purchase
Principal
Book
ValueInvestment #
% of
Total
Moody's
RatingIssuer
Market
Value
S&P
Rating
Purchase
Date
Maturity
Date
Days To
Maturity
Stated
Rate YTM
10011 9000GSGF 07/01/2021Aaa AAA1,316,651.21 1,316,651.21 1,316,651.21 1 0.026 0.026 5.05 12/10/202110124 3130AAB49FHLB 12/28/2016Aaa AA+493,290.00 499,740.19 501,670.00 70 1.875 2.162 1.92 10/05/202210136 3135G0T78FNMA 11/30/2017Aaa AA+497,400.00 499,457.65 509,665.00 369 2.000 2.113 1.92 11/15/202110152 3133EJT74FFCB 11/27/2018Aaa AA+501,245.00 500,051.29 501,815.00 45 3.050 2.961 1.92 07/01/202410162 3133EKTV8FFCB 07/02/2019Aaa AA+499,900.00 499,944.97 518,905.00 1,004 1.900 1.904 1.92 10/16/202410165 3133EK3B0FFCB 10/17/2019Aaa AA+198,370.00 199,007.87 205,440.00 1,111 1.500 1.671 0.76 01/22/202510167 64952WDL4NYLIFE 01/22/2020Aaa AA+249,102.50 249,406.15 257,997.50 1,209 2.000 2.076 0.96 08/18/202510169 3136G4H71FNMA 08/18/2020Aaa AA+500,000.00 500,000.00 493,520.00 1,417 0.500 0.500 1.92 03/14/202510171 3130A4CH3FHLB 10/07/2020Aaa AA+541,330.00 532,168.56 529,300.00 1,260 2.375 0.489 2.04 09/23/202510172 3137EAEX3FHLMC 10/20/2020Aaa AA+497,505.00 497,984.86 491,675.00 1,453 0.375 0.478 1.91 03/15/202310173 912828ZD5USTR 12/16/2020Aaa AA+504,140.63 502,679.53 502,325.00 530 0.500 0.131 1.93 01/31/202610174 91282CBH3USTR 02/25/2021Aaa AA+494,433.59 495,107.37 489,080.00 1,583 0.375 0.604 1.90 05/31/202510176 912828ZT0USTR 06/29/2021Aaa AA+491,542.97 492,098.11 491,405.00 1,338 0.250 0.688 1.89 11/15/202310178 91282CAW1USTR 07/22/2021Aaa AA+999,960.94 999,964.22 998,560.00 775 0.250 0.252 3.83 11/30/202510179 91282CAZ4USTR 07/22/2021Aaa AA+989,492.19 989,960.82 980,590.00 1,521 0.375 0.620 3.80 05/31/202610180 91282CCF6USTR 07/22/2021Aaa AA+1,002,382.81 1,002,287.44 991,210.00 1,703 0.750 0.700 3.84 11/30/202410181 912828YV6USTR 07/22/2021Aaa AA+1,035,742.19 1,033,673.98 1,029,020.00 1,156 1.500 0.427 3.96 SubTotal for Aaa
10,812,489.03 10,810,184.22 10,808,828.71 41.470.8240.965949 03/19/202510168 30231GBH4XOM 06/22/2020Aa2 AA272,752.50 266,634.52 266,617.50 1,265 2.992 1.021 1.02 SubTotal for Aa2 272,752.50 266,634.52 266,617.50 1.021.0212.9921265 04/08/202210135 59217GCD9MET 11/02/2017Aa3 AA-252,002.50 250,234.63 253,212.50 189 2.650 2.458 0.96 SubTotal for Aa3 252,002.50 250,234.63 253,212.50 0.962.4582.650189 06/27/202210128 46849LSW2JAC 07/12/2017A1 AA-247,795.00 249,671.41 254,115.00 269 2.500 2.691 0.96 01/08/202410155 89236TFS9TOY 02/28/2019A1 A+253,545.00 251,655.01 265,677.50 829 3.350 3.033 0.96 07/24/202310156 90331HNV1USB 03/01/2019A1 AA-253,307.50 251,364.37 263,342.50 661 3.400 3.076 0.96 SubTotal for A1 754,647.50 752,690.79 783,135.00 2.882.9343.085587 05/13/202410160 46625HJX9JPM 05/13/2019A2 A-515,115.00 507,910.18 537,885.00 955 3.625 2.970 1.95 SubTotal for A2 515,115.00 507,910.18 537,885.00 1.952.9703.625955 10000 9001LAIF 07/01/2021None None9,525,167.07 9,525,167.07 9,525,167.07 1 0.210 0.210 36.52 08/02/202210129 1404203Z1COFU 08/03/2017None None247,417.20 247,902.60 252,379.85 305 2.300 2.351 0.95 08/23/202210132 795450D36SLMA 08/24/2017None None247,417.20 247,895.89 252,792.71 326 2.350 2.402 0.95 Portfolio LYNW
APData Updated: SET_CRE: 10/19/2021 14:52
Run Date: 10/19/2021 - 14:52 CR (PRF_CR) 7.2.0
Report Ver. 7.3.6.1
21 City Council Regular Meeting - Page 45 of 144
Sorted by Moody's - Investment Number
Lynwood - Credit Rating
Security #
Purchase
Principal
Book
ValueInvestment #
% of
Total
Moody's
RatingIssuer
Market
Value
S&P
Rating
Purchase
Date
Maturity
Date
Days To
Maturity
Stated
Rate YTM
01/11/202310137 61747MF63MSB 01/12/2018None None247,417.20 247,850.87 255,637.36 467 2.650 2.702 0.95 06/29/202310143 20033AZK5ADS 06/29/2018None None247,427.12 247,800.46 260,952.78 636 3.300 3.357 0.95 07/06/202310144 38148PR33GOLD 07/09/2018None None247,432.08 247,799.69 261,024.94 643 3.300 3.352 0.95 08/30/202310147 949763TF3WFB 08/31/2018None None247,429.60 247,781.84 262,021.61 698 3.300 3.354 0.95 02/21/202310153 59013J5Z8MERICK 12/19/2018None None247,516.40 247,838.91 258,713.58 508 3.350 3.407 0.95 02/27/202410154 17312Q3B3C 02/28/2019None None247,427.12 247,724.08 263,162.09 879 3.000 3.052 0.95 05/20/202210159 27002YEM4EGBN 05/10/2019None None248,000.00 248,000.00 251,703.27 231 2.600 2.605 0.95 06/13/202210161 33847E2J5FBC 06/12/2019None None248,000.00 248,000.00 252,063.35 255 2.500 2.500 0.95 09/13/202410163 32100LCB9FMOSTB 09/13/2019None None248,000.00 248,000.00 256,886.12 1,078 1.850 1.852 0.95 09/27/202310164 29278TLY4CMS 09/30/2019None None247,523.84 247,762.90 256,096.19 726 2.000 2.052 0.95 09/25/202510170 05580AXF6BMW 09/25/2020None None248,000.00 248,000.00 244,273.38 1,455 0.500 0.500 0.95 04/27/202610175 856283S98SBIIN 04/27/2021None None248,000.00 248,000.00 248,122.60 1,669 1.000 1.001 0.95 07/15/202610177 89235MLC3TOYFBN 07/15/2021None None248,000.00 248,000.00 247,013.82 1,748 0.950 0.951 0.95 08/11/202610182 90348JR93UBS 08/11/2021None None248,000.00 248,000.00 246,820.04 1,775 0.950 0.951 0.95 SubTotal for No Specified Rating
13,488,174.83 13,491,524.31 13,594,830.76 51.720.8170.808247 Portfolio LYNW
APData Updated: SET_CRE: 10/19/2021 14:52
Run Date: 10/19/2021 - 14:52 CR (PRF_CR) 7.2.0
Report Ver. 7.3.6.1
22 City Council Regular Meeting - Page 46 of 144
Lynwood - Interest Reports
Interest Earnings
Sorted by Security Type - Maturity Date
September 1, 2021 - September 30, 2021
Yield on Beginning Book Value
Maturity
Date
Current
Rate
Ending
Par Value
Ending
IssuerFund Book Value
Beginning
Book Value
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Adjusted InterestAnnualized
YieldCUSIP Investment #
Interest
Earned
Security Type: Money Market Funds
1,316,651.2110011 1,316,651.21 0.026GSGF 28.06 0.00 28.060.026LYN 1,298,556.549000 1,316,651.21Subtotal 1,316,651.21 0.026 28.060.0028.061,298,556.54 Security Type: LAIF
9,525,167.0710000 9,525,167.07 0.210LAIF 1,719.75 0.00 1,719.750.220LYNL 9,525,167.079001 9,525,167.07Subtotal 9,525,167.07 0.220 1,719.750.001,719.759,525,167.07 Security Type: Corporate Notes
250,234.6310135 250,000.00 2.650MET 04/08/2022 552.08 -37.64 514.442.501LYN 250,272.2759217GCD9 249,671.4110128 250,000.00 2.500JAC 06/27/2022 520.83 37.06 557.892.719LYN 249,634.3546849LSW2 251,364.3710156 250,000.00 3.400USB 07/24/2023 708.33 -62.68 645.653.124LYN 251,427.0590331HNV1 251,655.0110155 250,000.00 3.350TOY 01/08/2024 697.91 -60.77 637.143.080LYN 251,715.7889236TFS9 507,910.1810160 500,000.00 3.625JPM 05/13/2024 1,510.42 -251.92 1,258.503.013LYN 508,162.1046625HJX9 249,406.1510167 250,000.00 2.000NYLIFE 01/22/2025 416.66 14.95 431.612.106LYN 249,391.2064952WDL4 266,634.5210168 250,000.00 2.992XOM 03/19/2025 623.33 -399.86 223.471.018LYN 267,034.3830231GBH4 2,000,000.00Subtotal 2,026,876.27 2.561 4,268.70-760.865,029.562,027,637.13 Security Type: Federal Agency
500,051.2910152 500,000.00 3.050FFCB 11/15/2021 1,270.83 -34.97 1,235.863.007LYN 500,086.263133EJT74 499,740.1910124 500,000.00 1.875FHLB 12/10/2021 781.25 112.97 894.222.178LYN 499,627.223130AAB49 499,457.6510136 500,000.00 2.000FNMA 10/05/2022 833.33 44.70 878.032.139LYN 499,412.953135G0T78 499,944.9710162 500,000.00 1.900FFCB 07/01/2024 791.67 1.67 793.341.931LYN 499,943.303133EKTV8 199,007.8710165 200,000.00 1.500FFCB 10/16/2024 250.00 27.19 277.191.695LYN 198,980.683133EK3B0 532,168.5610171 500,000.00 2.375FHLB 03/14/2025 989.58 -776.39 213.190.487LYN 532,944.953130A4CH3 500,000.0010169 500,000.00 0.500FNMA 08/18/2025 208.33 0.00 208.330.507LYN 500,000.003136G4H71 497,984.8610172 500,000.00 0.375FHLMC 09/23/2025 156.25 42.21 198.460.485LYN 497,942.653137EAEX3 3,700,000.00Subtotal 3,728,355.39 1.533 4,698.62-582.625,281.243,728,938.01 Portfolio LYNW
APData Updated: SET_INT: 10/19/2021 14:51
Run Date: 10/19/2021 - 14:51 IE (PRF_IE) 7.2.0
Report Ver. 7.3.6.1
26 City Council Regular Meeting - Page 47 of 144
Maturity
Date
Current
Rate
Ending
Par Value
Ending
IssuerFund
Book Value
Beginning
Book Value
Adjusted Interest Earnings
Accretion
Amortization/
Earnings
Adjusted Interest
September 1, 2021 - September 30, 2021
Interest Earnings
Lynwood - Interest Reports
Annualized
YieldCUSIP Investment #
Interest
Earned
Security Type: Treasury Coupon Securities
502,679.5310173 500,000.00 0.500USTR 03/15/2023 205.61 -151.67 53.940.131LYN 502,831.20912828ZD5 999,964.2210178 1,000,000.00 0.250USTR 11/15/2023 203.80 1.39 205.190.250LYN 999,962.8391282CAW1 1,033,673.9810181 1,000,000.00 1.500USTR 11/30/2024 1,229.50 -873.89 355.610.418LYN 1,034,547.87912828YV6 492,098.1110176 500,000.00 0.250USTR 05/31/2025 102.46 177.17 279.630.692LYN 491,920.94912828ZT0 989,960.8210179 1,000,000.00 0.375USTR 11/30/2025 307.38 198.01 505.390.621LYN 989,762.8191282CAZ4 495,107.3710174 500,000.00 0.375USTR 01/31/2026 152.86 92.72 245.580.604LYN 495,014.6591282CBH3 1,002,287.4410180 1,000,000.00 0.750USTR 05/31/2026 614.75 -40.30 574.450.697LYN 1,002,327.7491282CCF6 5,500,000.00Subtotal 5,515,771.47 0.490 2,219.79-596.572,816.365,516,368.04 Security Type: CD-FDIC
248,000.0010159 248,000.00 2.600EGBN 05/20/2022 529.97 0.00 529.972.600LYN 248,000.0027002YEM4 248,000.0010161 248,000.00 2.500FBC 06/13/2022 509.59 0.00 509.592.500LYN 248,000.0033847E2J5 247,902.6010129 248,000.00 2.300COFU 08/02/2022 468.82 9.58 478.402.348LYN 247,893.021404203Z1 247,895.8910132 248,000.00 2.350SLMA 08/23/2022 479.02 9.58 488.602.398LYN 247,886.31795450D36 247,850.8710137 248,000.00 2.650MSB 01/11/2023 540.16 9.58 549.742.699LYN 247,841.2961747MF63 247,838.9110153 248,000.00 3.350MERICK 02/21/2023 682.85 9.52 692.373.399LYN 247,829.3959013J5Z8 247,800.4610143 248,000.00 3.300ADS 06/29/2023 681.99 9.41 691.403.395LYN 247,791.0520033AZK5 247,799.6910144 248,000.00 3.300GOLD 07/06/2023 672.66 9.35 682.013.349LYN 247,790.3438148PR33 247,781.8410147 248,000.00 3.300WFB 08/30/2023 672.66 9.37 682.033.349LYN 247,772.47949763TF3 247,762.9010164 248,000.00 2.000CMS 09/27/2023 407.67 9.80 417.472.050LYN 247,753.1029278TLY4 247,724.0810154 248,000.00 3.000C 02/27/2024 611.51 9.42 620.933.050LYN 247,714.6617312Q3B3 248,000.0010163 248,000.00 1.850FMOSTB 09/13/2024 377.10 0.00 377.101.850LYN 248,000.0032100LCB9 248,000.0010170 248,000.00 0.500BMW 09/25/2025 101.91 0.00 101.910.500LYN 248,000.0005580AXF6 248,000.0010175 248,000.00 1.000SBIIN 04/27/2026 203.83 0.00 203.831.000LYN 248,000.00856283S98 248,000.0010177 248,000.00 0.950TOYFBN 07/15/2026 193.64 0.00 193.640.950LYN 248,000.0089235MLC3 248,000.0010182 248,000.00 0.950UBS 08/11/2026 193.64 0.00 193.640.950LYN 248,000.0090348JR93 3,968,000.00Subtotal 3,966,357.24 2.274 7,412.6385.617,327.023,966,271.63 26,009,818.28Total 26,079,178.65 0.950 20,347.55-1,854.4422,201.9926,062,938.42 Portfolio LYNW
APData Updated: SET_INT: 10/19/2021 14:51
Run Date: 10/19/2021 - 14:51 IE (PRF_IE) 7.2.0
Report Ver. 7.3.6.1
27 City Council Regular Meeting - Page 48 of 144
Lynwood - Interest Reports
Accrued Interest
Sorted by Security Type - Maturity Date
September 1, 2021 - September 30, 2021
Maturity
Date
Security
Type
Current
Rate
Par
Value
* Beginning
Accrued Interest
* Ending
Accrued Interest
Adjusted Acc'd Int.
at Purchase
During PeriodCUSIP Investment #
Interest
Earned
Interest
Received
Money Market Funds
26.95100119000 1,316,651.21 0.026PA1 28.06 26.95 28.060.00
26.951,316,651.21Subtotal 28.0628.06 26.950.00
LAIF
4,973.57100009001 9,525,167.07 0.210PA2 1,719.75 0.00 6,693.320.00 4,973.579,525,167.07Subtotal 6,693.321,719.75 0.000.00
Corporate Notes
2,631.601013559217GCD9 250,000.00 2.650MTN 04/08/2022 552.08 0.00 3,183.680.00 1,111.111012846849LSW2 250,000.00 2.500MTN 06/27/2022 520.83 0.00 1,631.940.00 873.611015690331HNV1 250,000.00 3.400MTN 07/24/2023 708.33 0.00 1,581.940.00 1,232.991015589236TFS9 250,000.00 3.350MTN 01/08/2024 697.91 0.00 1,930.900.00 5,437.501016046625HJX9 500,000.00 3.625MTN 05/13/2024 1,510.42 0.00 6,947.920.00 541.671016764952WDL4 250,000.00 2.000MTN 01/22/2025 416.66 0.00 958.330.00 3,366.001016830231GBH4 250,000.00 2.992MTN 03/19/2025 623.33 3,740.00 249.330.00 15,194.482,000,000.00Subtotal 16,484.045,029.56 3,740.000.00 Federal Agency
4,490.28101523133EJT74 500,000.00 3.050FAC 11/15/2021 1,270.83 0.00 5,761.110.00 2,109.38101243130AAB49 500,000.00 1.875FAC 12/10/2021 781.25 0.00 2,890.630.00 4,055.56101363135G0T78 500,000.00 2.000FAC 10/05/2022 833.33 0.00 4,888.890.00 1,583.33101623133EKTV8 500,000.00 1.900FAC 07/01/2024 791.67 0.00 2,375.000.00 1,125.00101653133EK3B0 200,000.00 1.500FAC 10/16/2024 250.00 0.00 1,375.000.00 5,508.68101713130A4CH3 500,000.00 2.375FAC 03/14/2025 989.58 5,937.50 560.760.00
90.28101693136G4H71 500,000.00 0.500FAC 08/18/2025 208.33 0.00 298.610.00 822.91101723137EAEX3 500,000.00 0.375FAC 09/23/2025 156.25 937.50 41.660.00 19,785.423,700,000.00Subtotal 18,191.665,281.24 6,875.000.00 Treasury Coupon Securities
1,154.8910173912828ZD5 500,000.00 0.500TRC 03/15/2023 205.61 1,250.00 110.500.00 740.491017891282CAW1 1,000,000.00 0.250TRC 11/15/2023 203.80 0.00 944.290.00 3,811.4810181912828YV6 1,000,000.00 1.500TRC 11/30/2024 1,229.50 0.00 5,040.980.00 317.6210176912828ZT0 500,000.00 0.250TRC 05/31/2025 102.46 0.00 420.080.00 Portfolio LYNW
ACData Updated: SET_INT: 10/19/2021 14:51
Run Date: 10/19/2021 - 14:51 AI (PRF_AI) 7.2.8
Report Ver. 7.3.6.1
* Beginning Accrued may not include investments that redeemed in the previous month that had outstanding accrued interest. Ending Accrued includes outstanding purchase interest. 28 City Council Regular Meeting - Page 49 of 144
Maturity
Date
Security
Type
Current
Rate
Par
Value
Sorted by Security Type - Maturity Date Page 2
* Beginning
Accrued Interest
* Ending
Accrued Interest
Adjusted Acc'd Int.
at Purchase
During Period
Accrued Interest
Lynwood - Interest Reports
CUSIP Investment #
Interest
Earned
Interest
Received
Treasury Coupon Securities
952.871017991282CAZ4 1,000,000.00 0.375TRC 11/30/2025 307.38 0.00 1,260.250.00 163.041017491282CBH3 500,000.00 0.375TRC 01/31/2026 152.86 0.00 315.900.00 1,905.741018091282CCF6 1,000,000.00 0.750TRC 05/31/2026 614.75 0.00 2,520.490.00 9,046.135,500,000.00Subtotal 10,612.492,816.36 1,250.000.00
CD-FDIC
388.641015927002YEM4 248,000.00 2.600MC2 05/20/2022 529.97 547.64 370.970.00 1,375.891016133847E2J5 248,000.00 2.500MC2 06/13/2022 509.59 0.00 1,885.480.00 468.82101291404203Z1 248,000.00 2.300MC2 08/02/2022 468.82 0.00 937.640.00 143.7010132795450D36 248,000.00 2.350MC2 08/23/2022 479.02 0.00 622.720.00 936.291013761747MF63 248,000.00 2.650MC2 01/11/2023 540.16 0.00 1,476.450.00 318.661015359013J5Z8 248,000.00 3.350MC2 02/21/2023 682.85 705.61 295.900.00 419.051014320033AZK5 248,000.00 3.300MC2 06/29/2023 681.99 695.08 405.960.00 1,278.051014438148PR33 248,000.00 3.300MC2 07/06/2023 672.66 0.00 1,950.710.00
44.8210147949763TF3 248,000.00 3.300MC2 08/30/2023 672.66 695.08 22.400.00
67.951016429278TLY4 248,000.00 2.000MC2 09/27/2023 407.67 421.26 54.360.00 101.921015417312Q3B3 248,000.00 3.000MC2 02/27/2024 611.51 0.00 713.430.00 2,162.021016332100LCB9 248,000.00 1.850MC2 09/13/2024 377.10 2,312.85 226.270.00 543.571017005580AXF6 248,000.00 0.500MC2 09/25/2025 101.91 625.10 20.380.00 862.9110175856283S98 248,000.00 1.000MC2 04/27/2026 203.83 0.00 1,066.740.00 309.831017789235MLC3 248,000.00 0.950MC2 07/15/2026 193.64 0.00 503.470.00 135.551018290348JR93 248,000.00 0.950MC2 08/11/2026 193.64 200.10 129.090.00 9,557.673,968,000.00Subtotal 10,681.977,327.02 6,202.720.00
0.0026,009,818.28Total 62,691.5422,201.99 18,094.6758,584.22 Portfolio LYNW
ACData Updated: SET_INT: 10/19/2021 14:51
Run Date: 10/19/2021 - 14:51 AI (PRF_AI) 7.2.8
Report Ver. 7.3.6.1
* Beginning Accrued may not include investments that redeemed in the previous month that had outstanding accrued interest. Ending Accrued includes outstanding purchase interest. 29 City Council Regular Meeting - Page 50 of 144
Lynwood - Interest Reports
Sorted By Investment Type
Sales/Calls/Maturities: September 1, 2021 - September 30, 2021 Realized Gains and Losses
Investment #
Maturity DateCurrent Rate
Par Value
Book Value
Maturity/Sale
Proceeds
Realized
Gain/Loss
Sale Date Total
Earnings Yield 365
Inv.
Type
Purchase
Date Term
Days Held
Net Earnings
Total Total
Issuer
0.000.00 0.00 0.00 0.00 0.000
No Sales or Maturities
Portfolio LYNW
ACData Updated: SET_INT: 10/19/2021 14:51
Run Date: 10/19/2021 - 14:51 CG (PRF_CGR1) 7.1.1
Report Ver. 7.3.6.1
30 City Council Regular Meeting - Page 51 of 144
City of Lynwood
Cash Reconciliation Report
For the Period September 1, 2021 - September 30, 2021
Par
Value Cash
Trans.
TypeInvestment # Fund Security ID
Trans.
Date Security Description
Maturity
Date Interest RedemptionsPurchases
1001109/02/2021 InterestLYN 9000 287,099.53 GSGF 0.3M 2.25% 0.00 26.95 0.00 26.95 1001109/02/2021 InterestLYN 9000 287,099.53 GSGF 0.3M 2.25% -26.95 0.00 0.00 -26.95 05/20/20221015909/10/2021 InterestLYN 27002YEM4 248,000.00 EGBN 0.2M 2.60% Mat. 05/20/2022 0.00 547.64 0.00 547.64 1001109/10/2021 DepositLYN 9000 287,099.53 GSGF 0.3M 0.03% -547.64 0.00 0.00 -547.64 09/13/20241016309/13/2021 InterestLYN 32100LCB9 248,000.00 FMOSTB 0.2M 1.85% Mat. 0.00 2,312.85 0.00 2,312.85 08/11/20261018209/13/2021 InterestLYN 90348JR93 248,000.00 UBS 0.2M 0.95% Mat. 08/11/2026 0.00 200.10 0.00 200.10 1001109/13/2021 DepositLYN 9000 287,099.53 GSGF 0.3M 0.03% -2,512.95 0.00 0.00 -2,512.95 03/14/20251017109/14/2021 InterestLYN 3130A4CH3 500,000.00 FHLB 0.5M 2.38% Mat. 03/14/2025 0.00 5,937.50 0.00 5,937.50 1001109/14/2021 DepositLYN 9000 287,099.53 GSGF 0.3M 0.03% -5,937.50 0.00 0.00 -5,937.50 03/15/20231017309/15/2021 InterestLYN 912828ZD5 500,000.00 USTR 0.5M 0.50% Mat. 03/15/2023 0.00 1,250.00 0.00 1,250.00 1001109/15/2021 DepositLYN 9000 287,099.53 GSGF 0.3M 0.03% -1,250.00 0.00 0.00 -1,250.00 02/21/20231015309/20/2021 InterestLYN 59013J5Z8 248,000.00 MERICK 0.2M 3.35% Mat. 0.00 705.61 0.00 705.61 03/19/20251016809/20/2021 InterestLYN 30231GBH4 250,000.00 XOM 0.3M 2.99% Mat. 03/19/2025 0.00 3,740.00 0.00 3,740.00 1001109/20/2021 DepositLYN 9000 287,099.53 GSGF 0.3M 0.03% -4,445.61 0.00 0.00 -4,445.61 09/23/20251017209/23/2021 InterestLYN 3137EAEX3 500,000.00 FHLMC 0.5M 0.38% Mat. 09/23/2025 0.00 937.50 0.00 937.50 1001109/23/2021 DepositLYN 9000 287,099.53 GSGF 0.3M 0.03% -937.50 0.00 0.00 -937.50 09/27/20231016409/27/2021 InterestLYN 29278TLY4 248,000.00 CMS 0.2M 2.00% Mat. 09/27/2023 0.00 421.26 0.00 421.26 09/25/20251017009/27/2021 InterestLYN 05580AXF6 248,000.00 BMW 0.2M 0.50% Mat. 09/25/2025 0.00 625.10 0.00 625.10 1001109/27/2021 DepositLYN 9000 287,099.53 GSGF 0.3M 0.03% -1,046.36 0.00 0.00 -1,046.36 06/29/20231014309/29/2021 InterestLYN 20033AZK5 248,000.00 ADS 0.2M 3.30% Mat. 06/29/2023 0.00 695.08 0.00 695.08 1001109/29/2021 DepositLYN 9000 287,099.53 GSGF 0.3M 0.03% -695.08 0.00 0.00 -695.08 08/30/20231014709/30/2021 InterestLYN 949763TF3 248,000.00 WFB 0.2M 3.30% Mat. 08/30/2023 0.00 695.08 0.00 695.08 1001109/30/2021 DepositLYN 9000 287,099.53 GSGF 0.3M 0.03% -695.08 0.00 0.00 -695.08 Subtotal -18,094.67 18,094.67 0.00 0.00
Total -18,094.67 18,094.67 0.00 0.00
Portfolio LYNW
AP
Run Date: 10/19/2021 - 14:59 AC (PRF_AC) 7.2.0
Report Ver. 7.3.6.1
31City Council Regular Meeting - Page 52 of 144
Agenda Item # 10.
AGENDA STAFF REPORT
DATE:
January 4, 2022
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Ernie Hernandez, City Manager
PREPARED BY:
Gabriela Camacho, City Treasurer
Sheila Harding, Deputy City Treasurer
SUBJECT:
TREASURER'S SPECIAL INVESTMENT REPORT FOR AUGUST - NOVEMBER 2021
Recommendation:
It is recommended that the City of Lynwood receive and file the attached Investment Report. The following information is
provided to ensure the City Council is informed of the investment activities.
Background:
Government Code Section 53607, last amended 1996, with reference to the reporting of investment transactions states that the Treasurer
shall
make a monthly report of those transaction to the legislative body. Government Code Section 53646 (b) (1), last amended 2004, with reference to discussion related to establishment of an Investment Policy and investment reporting states that “the Treasurer may render a quarterly report”. To determine the applicable code inasmuch as reference to Government Code Section 53607 or non-compliance thereof has never been included in past audit findings. While Government Code Section 53646 (b) (1) which is the most current version related to Investment Reporting utilizes the word “may” indicating the reporting mechanism is optional, to err on the side of caution, and in order to ensure that we are in compliance with all Government Codes, a new procedure of submitting monthly reports to the Council/Agency agenda was implemented. Attached for Council/Agency review is the City’s/Agency’s Monthly Treasurer’s Report.
Subsequent reports will be provided on a monthly basis at the second meeting of each month.
Discussion and Analysis:
The investment transactions were executed in accordance with the City's Investment Policy and the California State Government Code Section 53646(b)(3) that requires that the General Fund is able to meet its expenditure requirements for the next six months.
City Council Regular Meeting - Page 53 of 144
Fiscal Impact:
The action recommended in this report will not have a fiscal impact on the City.
Coordinated With:
FHN Financial Main Street Advisors currently monitors the City’s investment activities.
ATTACHMENTS:
Description
SPECIAL INVESTMENT REPORT - AUG - NOV 2021
FHN - LIST OF SECURITIES - AUG 2021
FHN - LIST OF SECURITIES - SEPT 2021
FHN - LIST OF SECURITIES - OCT 2021
FHN - LIST OF SECURITIES - NOV 2021
City Council Regular Meeting - Page 54 of 144
1 ACTIVITY AND PERFORMANCE SUMMARY – AUGUST 2021
PORTFOLIO SUMMARY
PURCHASES AND REDEMPTIONS
The Investment activity for August – Purchase(s) 1; Redemption(s) 1 Purchaser/Issuer Rating Par Value Term Stated Rate Structure USB N/A 248,000.00 5 yrs 0.950 CD-FDIC
Redemption/Issuer
Maturity
Par Value
Purchase
Date
Total
Earnings
Interest
Received
Current
Rate
Maturity
Date
Structure
Cisco 250,000 11/29/2016 19,393.79 28,427 1.850 Called Corp Note
ECONOMIC INDICATORS AND MONETARY POLICY - AUUST 2021
Federal Reserve (Fed) Chair Jerome Powell’s Jackson whole testimony provided little new information or guidance on its trajectory for ‘tapering’ its asset purchases, outside a comment that tapering “could” be appropriate before the end of the year. Powell stated that key thresholds have been met for inflation, but not for employment, albeit acknowledging there has been clear progress regarding the labor market.
Earlier in the month, the minutes of the July FOMC meeting similarly provided little new information. The committee changed its post-meeting statement to reflect that it would assess progress toward tapering at “upcoming meetings”. It mentioned the spread of the delta variant as increasing uncertainty around its base case forecasts but not changing them.
The delta COVID-19 variant spread aggressively in the US, causing hospital systems in states with lower rates of vaccination to come under pressure. The wave of cases did not; however, appear to result in a retrenchment in leisure spending ove r the summer, as hotel bookings returned to their pre -pandemic trend.
City Council Regular Meeting - Page 55 of 144
2 Inflation held ground at 5.4%, the same as last month’s post -2008 high and broadly in line with market expectations. Core inflation did soften slightly from 4.5% to 4.3%. On a month -on-month basis, CPI rose
0.5%, the slowest increase since February.
Elsewhere, payrolls rose by 943,000, with a further positive 2 -month net revision, beating expectations.
The unemployment rate fell to 5.3% from 5.9% and wages rose 4% pa. Q2 GDP growth was revised higher by 0.1 percentage points, to 6.6% with upward revisions to non-residential fixed investment and exports, partly offset by downward revisions to private inventory, residential investment, and federal government spending.
INTEREST RATE SUMMARY
Yields generally fell at longer maturities. At the end of July, the 3 -month US Treasury bill yielded 0.05%, the 6-month US Treasury bill yielded 0.06%, the 2 -year US Treasury note yielded 0.21%, the 5 -year US Treasury note yielded 0.78% and the 10-year US Treasury note yielded 1.31%.
City Council Regular Meeting - Page 56 of 144
3 ACTIVITY AND PERFORMANCE SUMMARY – SEPTEMBER 2021
PORTFOLIO SUMMARY
PURCHASES AND REDEMPTIONS
The Investment activity for September – Purchase(s) 0; Redemption(s) 0 Purchaser/Issuer Rating Par Value Term Stated Rate Structure None -- -- -- -- --
Redemption/Issuer
Maturity
Par Value
Purchase
Date
Total
Earnings
Total Net
Earnings
Current
Rate
Maturity
Date
Structure
None -- -- -- -- -- -- --
ECONOMIC INDICATORS AND MONETARY POLICY - SEPTEMBER 2021
The Federal Reserve (Fed) opened the door to announcing a taper in November stating, “moderation in the pace of asset purchase may soon be warranted”. The Fed raised its inflation forecast from 3.4% to
4.2% for 2021 and from 2.1% to 2.2% for 2022, and above its 2% target through 2024. Nonetheless, the committee’s ‘dot plot’ still reflected a majority expectation of no rate hikes until 2023.
Headline CPI came in at 5.3% and core CPI came at 4%, beginning to descend from their recent peak. For the first time since the start of the year, monthly CPI and core CPI came in at levels in line with pre - pandemic norms of 0.3% and 0.1%. Areas with ‘flexible’ and COVID -sensitive pricing, such as used cars, airfare and hotels began to moderate, while ‘sticky’ sectors such as rents and medical services remained muted.
City Council Regular Meeting - Page 57 of 144
4 Payrolls materially missed expectations, rising by just 235,000 versus consensus at 733,000. There was a net 2-month upward revision of 134,000. However, the unemployment rate continued to fall, reac hing
5.2% from 5.4%. Wage growth was also strong, with average hourly earnings up 0.6% month -on-month and 4.3% year-on-year. While the leisure and hospitality sector was the main source of weak hiring, it was also the main source of strong wage growth.
At the end of the month, Congress voted to avert a shutdown with a spending bill until December 3, however, politicians remained in deadlock around the proposed $3.5trn reconciliation package and debt ceiling extension, with uncertainty in negotiations set to continue.
The delta COVID -19 variant’s spread appeared to peak in the US, although death rates remained high given the lag between cases and fatalities
INTEREST RATE SUMMARY
Yields generally fell at longer maturities. At the end of July, the 3 -month US Treasury bill yielded 0.04%, the 6-month US Treasury bill yielded 0.05%, the 2 - year US Treasury note yielded 0.28%, the 5 -year US Treasury note yielded 0.97% and the 10-year US Treasury note yielded 1.49%.
City Council Regular Meeting - Page 58 of 144
5 ACTIVITY AND PERFORMANCE SUMMARY – OCTOBER 2021
PORTFOLIO SUMMARY
PURCHASES AND REDEMPTIONS
The Investment activity for October – Purchase(s) 1; Redemption(s) 0 Purchaser/Issuer Rating Par Value Term Stated Rate Structure LAIF AAA 500,000 5 yrs 0.203 LAIF
US Treasury AAA 500,000 5 yrs 0.875 Treasury
Redemption/Issuer
Maturity
Par Value
Purchase
Date
Total
Earnings
Total Net
Earnings
Current
Rate
Maturity
Date
Structure
None -- -- -- -- -- -- --
ECONOMIC INDICATORS AND MONETARY POLICY – OCTOBER 2021
Volatility increased in fixed income markets (Chart 1) as short-dated Treasury yields rose (Chart 2), partly given inflation concerns, although volatility within riskier assets remained relatively muted.
The minutes from the September 22 FOMC meeting revealed officials discussed an “illustrative tapering path involving tapering Treasury purchases $10bn per month and MBS purchases by $5bn per month, meaning tapering would end after eight months. This continued to leave the market anticipating a taper announcement at the November meeting.
Headline CPI came in slightly higher than expected at 5.4% (versus 5.3%), while core inflation was in line at 4%. This essentially displayed a stabilization of CPI, but stubbornly at an elevated level with monthly inflation relatively muted and in line with the pre-pandemic trend. Notably, there was a slight pick-up in shelter inflation, with owners’ equivalent rent at 0.4%, opening up the possibility of more sustained inflation trends.
City Council Regular Meeting - Page 59 of 144
6 The September jobs report revealed that payrolls grew by 194,000, significantly weaker than the expected 500,000. However, the previous two months were revised up by 169,000, offsetting a large proportion of the miss.
Meanwhile, the unemployment rate continued to fall, dropping from 5.2% to 4.8%, beating expectations of 5.1% because of falling participation and stronger employment. Wage growth was stronger than expected up 0.6%, but this was offset by a downward revision to the prior month. Leisure and hospitality wages were up 0.5% and are now up 10.8% pp
Democratic and Republican Senators agreed to pass legislation to raise the ceiling by enough to get to early December ($480bn) in a 50-48 vote
City Council Regular Meeting - Page 60 of 144
7 INTEREST RATE SUMMARY
Yields rose sharply at shorter maturities, although longer -dated yields remained anchored. At the end of October, the 3-month US Treasury bill yielded 0.06%, the 6 - month US Treasury bill yielded 0.06%, the 2 -year US Treasury note yielded 0.50%, the 5-year US Treasury note yielded 1.19% and the 10-year US Treasury note yielded 1.56%.
City Council Regular Meeting - Page 61 of 144
8 ACTIVITY AND PERFORMANCE SUMMARY – NOVEMBER 2021
PORTFOLIO SUMMARY
PURCHASES AND REDEMPTIONS
The Investment activity for November – Purchase(s) ; Redemption(s) 1 Purchaser/Issuer Rating Par Value Term Stated Rate Structure US Treasury AAA 500,000 3 yrs 0.375 Treasury
Redemption/Issuer
Maturity
Par Value
Purchase
Date
Total
Earnings
Interest
Received
Current
Rate
Maturity
Date
Structure
FFBC 500,000 11/27/2018 593.06 7,625.00 3.050 11/15/2021 Agency
ECONOMIC INDICATORS AND MONETARY POLICY – NOVEMBER 2021
U.S. consumer confidence fell to a nine-month low in November amid accelerating inflation and a pickup in Covid-19 cases. Stocks fell and bonds rose as concern about the efficacy of existing vaccines against the omicron coronavirus strain pushed markets back into risk-off mode. Federal Reserve Chair Jerome Powell’s remarks about the potential risks of omicron to the economy-stoked speculation the strain could delay rate hikes.
City Council Regular Meeting - Page 62 of 144
9 Nonfarm payrolls increased by just 210,000 for month, though the unemployment rate fell sharply to
4.2% from 4.6%, even though the labor force participation rate increased for the month to 61.8%, its highest level since March 2020.
The Dow Jones estimate was for 573,000 new jobs and a jobless level of 4.5% for an economy beset by a chronic labor shortage.
A more encompassing measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons dropped even more, tumbling to 7.8% from 8.3%. The household survey painted a brighter picture, with an addition of 1.1 million jobs as the labor force increased by 594,000.
City Council Regular Meeting - Page 63 of 144
10 Leisure and hospitality, which includes bars, restaurants, hotels and similar businesses, saw a gain of just 23,000 after being a leading job creator for much of the recovery. Though the sector has regained nearly 7 million of the jobs lost at the depths of the pandemic, it remains about 1.3 million below its February 2020 level, with an unemployment rate stuck at 7.5%.
Sectors showing the biggest gains in November included professional and business services (90,000), transportation and warehousing (50,000) and construction (31,000). Even with the holiday shopping season approaching, retail saw a decline of 20,000. Government lost 25,000 jobs.
Worker wages climbed for the month, rising 0.26% in November and 4.8% from a year ago. Both numbers were slightly below estimates.
City Council Regular Meeting - Page 64 of 144
Moody's
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
August 31, 2021
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Lynwood - Portfolio Management
S&P
YTM
365CUSIP Investment #
Purchase
Date
Money Market Funds
AaaGoldman Sach Govt MMF10011 1,298,556.54 1,298,556.54 0.0261,298,556.54 0.0269000 AAA 1,298,556.54 0.0261,298,556.541,298,556.541,215,994.51Subtotal and Average LAIF
LAIF10000 9,525,167.07 9,525,167.07 0.2209,525,167.07 0.2209001 9,525,167.07 0.2209,525,167.079,525,167.0712,347,747.72Subtotal and Average Corporate Notes
A1Jackson Natl Life10128 250,000.00 249,634.35 06/27/20222.50007/12/2017 254,580.00 2.69146849LSW2 AA- A2JP Morgan Chase & Co.10160 500,000.00 508,162.10 05/13/20243.62505/13/2019 540,915.00 2.97046625HJX9 A- Aa3Met Life10135 250,000.00 250,272.27 04/08/20222.65011/02/2017 253,722.50 2.45859217GCD9 AA- AaaNew York Life10167 250,000.00 249,391.20 01/22/20252.00001/22/2020 260,090.00 2.07664952WDL4 AA+ A1Toyota10155 250,000.00 251,715.78 01/08/20243.35002/28/2019 266,437.50 3.03389236TFS9 A+ A1US Bank10156 250,000.00 251,427.05 07/24/20233.40003/01/2019 264,127.50 3.07690331HNV1 AA- Aa2Exxon Mobil10168 250,000.00 267,034.38 03/19/20252.99206/22/2020 267,522.50 1.02130231GBH4 AA 2,027,637.13 2.5272,107,395.002,000,000.002,181,126.45Subtotal and Average Federal Agency
AaaFFCB10152 500,000.00 500,086.26 11/15/20213.05011/27/2018 503,040.00 2.9613133EJT74 AA+ AaaFFCB10162 500,000.00 499,943.30 07/01/20241.90007/02/2019 521,130.00 1.9043133EKTV8 AA+ AaaFFCB10165 200,000.00 198,980.68 10/16/20241.50010/17/2019 206,506.00 1.6713133EK3B0 AA+ AaaFHLB10124 500,000.00 499,627.22 12/10/20211.87512/28/2016 502,480.00 2.1623130AAB49 AA+ AaaFHLB10171 500,000.00 532,944.95 03/14/20252.37510/07/2020 531,870.00 0.4893130A4CH3 AA+ AaaFHLMC10172 500,000.00 497,942.65 09/23/20250.37510/20/2020 494,810.00 0.4783137EAEX3 AA+ AaaFNMA10136 500,000.00 499,412.95 10/05/20222.00011/30/2017 510,255.00 2.1133135G0T78 AA+ AaaFNMA10169 500,000.00 500,000.00 08/18/20250.50008/18/2020 496,075.00 0.5003136G4H71 AA+ 3,728,938.01 1.5153,766,166.003,700,000.003,729,210.54Subtotal and Average Treasury Coupon Securities
AaaU.S. Treasury10173 500,000.00 502,831.20 03/15/20230.50012/16/2020 502,775.00 0.131912828ZD5 AA+ AaaU.S. Treasury10174 500,000.00 495,014.65 01/31/20260.37502/25/2021 492,970.00 0.60491282CBH3 AA+ AaaU.S. Treasury10176 500,000.00 491,920.94 05/31/20250.25006/29/2021 494,025.00 0.688912828ZT0 AA+ AaaU.S. Treasury10178 1,000,000.00 999,962.83 11/15/20230.25007/22/2021 1,000,000.00 0.25291282CAW1 AA+ AaaU.S. Treasury10179 1,000,000.00 989,762.81 11/30/20250.37507/22/2021 987,810.00 0.62091282CAZ4 AA+ Portfolio LYNW
APData Updated: SET_PMM: 09/22/2021 11:07
Run Date: 09/22/2021 - 11:07 PM (PRF_PM2) 7.3.0
Report Ver. 7.3.6.1
16City Council Regular Meeting - Page 65 of 144
Lynwood - Maturity Report
Inventory by Maturity Report
August 31, 2021
Current
Rate
Par
Value
Book
Value
Sec.
TypeFund Date
Maturity
Amount
Days toTotal
Days 360 365
Maturity YTM
MaturityCUSIP Investment # Issuer
Purchase
Date
9,525,167.070.2209,525,167.07 9,525,167.0707/01/2021LAIF100009001 PA2LYNL 10.2200.2171 1,298,556.540.0261,298,556.54 1,298,556.5407/01/2021Goldman Sach Govt MMF100119000 PA1LYN 10.0260.0261 500,000.003.050500,086.26 500,000.0011/27/2018FFCB101523133EJT74 FACLYN 11/15/2021 752.9612.9211,084 500,000.001.875499,627.22 500,000.0012/28/2016FHLB101243130AAB49 FACLYN 12/10/2021 1002.1622.1321,808 250,000.002.650250,272.27 250,000.0011/02/2017Met Life1013559217GCD9 MTNLYN 04/08/2022 2192.4582.4241,618 248,000.002.600248,000.00 248,000.0005/10/2019Eagle Bank1015927002YEM4 MC2LYN 05/20/2022 2612.6052.5691,106 248,000.002.500248,000.00 248,000.0006/12/2019Flagstar Bank1016133847E2J5 MC2LYN 06/13/2022 2852.5002.4661,097 250,000.002.500249,634.35 250,000.0007/12/2017Jackson Natl Life1012846849LSW2 MTNLYN 06/27/2022 2992.6912.6541,811 248,000.002.300247,893.02 248,000.0008/03/2017Capital One Bank USA101291404203Z1 MC2LYN 08/02/2022 3352.3512.3191,825 248,000.002.350247,886.31 248,000.0008/24/2017Salllie Mae Bank10132795450D36 MC2LYN 08/23/2022 3562.4022.3691,825 500,000.002.000499,412.95 500,000.0011/30/2017FNMA101363135G0T78 FACLYN 10/05/2022 3992.1132.0841,770 248,000.002.650247,841.29 248,000.0001/12/2018Morgan Stanley Bank1013761747MF63 MC2LYN 01/11/2023 4972.7022.6651,825 248,000.003.350247,829.39 248,000.0012/19/2018Merrick Bank1015359013J5Z8 MC2LYN 02/21/2023 5383.4073.3601,525 500,000.000.500502,831.20 500,000.0012/16/2020U.S. Treasury10173912828ZD5 TRCLYN 03/15/2023 5600.1310.129819 248,000.003.300247,791.05 248,000.0006/29/2018Comenity Capital Bank1014320033AZK5 MC2LYN 06/29/2023 6663.4033.3571,826 248,000.003.300247,790.34 248,000.0007/09/2018Goldman Sachs Bank1014438148PR33 MC2LYN 07/06/2023 6733.3523.3061,823 250,000.003.400251,427.05 250,000.0003/01/2019US Bank1015690331HNV1 MTNLYN 07/24/2023 6913.0763.0331,606 248,000.003.300247,772.47 248,000.0008/31/2018Wells Fargo Bank10147949763TF3 MC2LYN 08/30/2023 7283.3543.3081,825 248,000.002.000247,753.10 248,000.0009/30/2019Enerbank1016429278TLY4 MC2LYN 09/27/2023 7562.0522.0231,458 1,000,000.000.250999,962.83 1,000,000.0007/22/2021U.S. Treasury1017891282CAW1 TRCLYN 11/15/2023 8050.2520.248846 250,000.003.350251,715.78 250,000.0002/28/2019Toyota1015589236TFS9 MTNLYN 01/08/2024 8593.0332.9921,775 248,000.003.000247,714.66 248,000.0002/28/2019Citibank1015417312Q3B3 MC2LYN 02/27/2024 9093.0523.0101,825 500,000.003.625508,162.10 500,000.0005/13/2019JP Morgan Chase & Co.1016046625HJX9 MTNLYN 05/13/2024 9852.9702.9291,827 500,000.001.900499,943.30 500,000.0007/02/2019FFCB101623133EKTV8 FACLYN 07/01/2024 1,0341.9041.8781,826 248,000.001.850248,000.00 248,000.0009/13/2019First Missouri Bank1016332100LCB9 MC2LYN 09/13/2024 1,1081.8521.8271,827 200,000.001.500198,980.68 200,000.0010/17/2019FFCB101653133EK3B0 FACLYN 10/16/2024 1,1411.6711.6481,826 1,000,000.001.5001,034,547.87 1,000,000.0007/22/2021U.S. Treasury10181912828YV6 TRCLYN 11/30/2024 1,1860.4270.4211,227 250,000.002.000249,391.20 250,000.0001/22/2020New York Life1016764952WDL4 MTNLYN 01/22/2025 1,2392.0762.0481,827 500,000.002.375532,944.95 500,000.0010/07/2020FHLB101713130A4CH3 FACLYN 03/14/2025 1,2900.4890.4821,619 250,000.002.992267,034.38 250,000.0006/22/2020Exxon Mobil1016830231GBH4 MTNLYN 03/19/2025 1,2951.0211.0071,731 500,000.000.250491,920.94 500,000.0006/29/2021U.S. Treasury10176912828ZT0 TRCLYN 05/31/2025 1,3680.6880.6791,432 500,000.000.500500,000.00 500,000.0008/18/2020FNMA101693136G4H71 FACLYN 08/18/2025 1,4470.5000.4931,826 500,000.000.375497,942.65 500,000.0010/20/2020FHLMC101723137EAEX3 FACLYN 09/23/2025 1,4830.4780.4711,799 248,000.000.500248,000.00 248,000.0009/25/2020BMW Bank1017005580AXF6 MC2LYN 09/25/2025 1,4850.5000.4931,826 1,000,000.000.375989,762.81 1,000,000.0007/22/2021U.S. Treasury1017991282CAZ4 TRCLYN 11/30/2025 1,5510.6200.6111,592 Portfolio LYNW
APData Updated: SET_MAT: 09/22/2021 11:14
Run Date: 09/22/2021 - 11:14 IM (PRF_IM) 7.1.1
Report Ver. 7.3.6.1
18 City Council Regular Meeting - Page 66 of 144
Moody's
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2021
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Lynwood - Portfolio Management
S&P
YTM
365CUSIP Investment #
Purchase
Date
Money Market Funds
AaaGoldman Sach Govt MMF10011 1,316,651.21 1,316,651.21 0.0261,316,651.21 0.0269000 AAA 1,316,651.21 0.0261,316,651.211,316,651.211,306,594.04Subtotal and Average LAIF
LAIF10000 9,525,167.07 9,525,167.07 0.2109,525,167.07 0.2109001 9,525,167.07 0.2109,525,167.079,525,167.079,525,167.07Subtotal and Average Corporate Notes
A1Jackson Natl Life10128 250,000.00 249,671.41 06/27/20222.50007/12/2017 254,115.00 2.69146849LSW2 AA- A2JP Morgan Chase & Co.10160 500,000.00 507,910.18 05/13/20243.62505/13/2019 537,885.00 2.97046625HJX9 A- Aa3Met Life10135 250,000.00 250,234.63 04/08/20222.65011/02/2017 253,212.50 2.45859217GCD9 AA- AaaNew York Life10167 250,000.00 249,406.15 01/22/20252.00001/22/2020 257,997.50 2.07664952WDL4 AA+ A1Toyota10155 250,000.00 251,655.01 01/08/20243.35002/28/2019 265,677.50 3.03389236TFS9 A+ A1US Bank10156 250,000.00 251,364.37 07/24/20233.40003/01/2019 263,342.50 3.07690331HNV1 AA- Aa2Exxon Mobil10168 250,000.00 266,634.52 03/19/20252.99206/22/2020 266,617.50 1.02130231GBH4 AA 2,026,876.27 2.5272,098,847.502,000,000.002,027,244.02Subtotal and Average Federal Agency
AaaFFCB10152 500,000.00 500,051.29 11/15/20213.05011/27/2018 501,815.00 2.9613133EJT74 AA+ AaaFFCB10162 500,000.00 499,944.97 07/01/20241.90007/02/2019 518,905.00 1.9043133EKTV8 AA+ AaaFFCB10165 200,000.00 199,007.87 10/16/20241.50010/17/2019 205,440.00 1.6713133EK3B0 AA+ AaaFHLB10124 500,000.00 499,740.19 12/10/20211.87512/28/2016 501,670.00 2.1623130AAB49 AA+ AaaFHLB10171 500,000.00 532,168.56 03/14/20252.37510/07/2020 529,300.00 0.4893130A4CH3 AA+ AaaFHLMC10172 500,000.00 497,984.86 09/23/20250.37510/20/2020 491,675.00 0.4783137EAEX3 AA+ AaaFNMA10136 500,000.00 499,457.65 10/05/20222.00011/30/2017 509,665.00 2.1133135G0T78 AA+ AaaFNMA10169 500,000.00 500,000.00 08/18/20250.50008/18/2020 493,520.00 0.5003136G4H71 AA+ 3,728,355.39 1.5153,751,990.003,700,000.003,728,636.99Subtotal and Average Treasury Coupon Securities
AaaU.S. Treasury10173 500,000.00 502,679.53 03/15/20230.50012/16/2020 502,325.00 0.131912828ZD5 AA+ AaaU.S. Treasury10174 500,000.00 495,107.37 01/31/20260.37502/25/2021 489,080.00 0.60491282CBH3 AA+ AaaU.S. Treasury10176 500,000.00 492,098.11 05/31/20250.25006/29/2021 491,405.00 0.688912828ZT0 AA+ AaaU.S. Treasury10178 1,000,000.00 999,964.22 11/15/20230.25007/22/2021 998,560.00 0.25291282CAW1 AA+ AaaU.S. Treasury10179 1,000,000.00 989,960.82 11/30/20250.37507/22/2021 980,590.00 0.62091282CAZ4 AA+ Portfolio LYNW
APData Updated: SET_PMM: 10/19/2021 14:45
Run Date: 10/19/2021 - 14:45 PM (PRF_PM2) 7.3.0
Report Ver. 7.3.6.1
16City Council Regular Meeting - Page 67 of 144
Moody's
Par Value Book Value
Maturity
Date
Stated
RateMarket Value
September 30, 2021
Portfolio Details - Investments
Average
BalanceIssuer
Portfolio Management
Lynwood - Portfolio Management
S&P
YTM
365CUSIP Investment #
Purchase
Date
Treasury Coupon Securities
AaaU.S. Treasury10180 1,000,000.00 1,002,287.44 05/31/20260.75007/22/2021 991,210.00 0.70091282CCF6 AA+ AaaU.S. Treasury10181 1,000,000.00 1,033,673.98 11/30/20241.50007/22/2021 1,029,020.00 0.427912828YV6 AA+ 5,515,771.47 0.4925,482,190.005,500,000.005,516,059.81Subtotal and Average
CD-FDIC
Comenity Capital Bank10143 248,000.00 247,800.46 06/29/20233.30006/29/2018 260,952.78 3.40320033AZK5 BMW Bank10170 248,000.00 248,000.00 09/25/20250.50009/25/2020 244,273.38 0.50005580AXF6 Citibank10154 248,000.00 247,724.08 02/27/20243.00002/28/2019 263,162.09 3.05217312Q3B3 Enerbank10164 248,000.00 247,762.90 09/27/20232.00009/30/2019 256,096.19 2.05229278TLY4 Capital One Bank USA10129 248,000.00 247,902.60 08/02/20222.30008/03/2017 252,379.85 2.3511404203Z1 Eagle Bank10159 248,000.00 248,000.00 05/20/20222.60005/10/2019 251,703.27 2.60527002YEM4 Flagstar Bank10161 248,000.00 248,000.00 06/13/20222.50006/12/2019 252,063.35 2.50033847E2J5 First Missouri Bank10163 248,000.00 248,000.00 09/13/20241.85009/13/2019 256,886.12 1.85232100LCB9 Goldman Sachs Bank10144 248,000.00 247,799.69 07/06/20233.30007/09/2018 261,024.94 3.35238148PR33 Merrick Bank10153 248,000.00 247,838.91 02/21/20233.35012/19/2018 258,713.58 3.40759013J5Z8 Morgan Stanley Bank10137 248,000.00 247,850.87 01/11/20232.65001/12/2018 255,637.36 2.70261747MF63 State Bank of India10175 248,000.00 248,000.00 04/27/20261.00004/27/2021 248,122.60 1.001856283S98 Salllie Mae Bank10132 248,000.00 247,895.89 08/23/20222.35008/24/2017 252,792.71 2.402795450D36 Toyota Bank10177 248,000.00 248,000.00 07/15/20260.95007/15/2021 247,013.82 0.95189235MLC3 UBS10182 248,000.00 248,000.00 08/11/20260.95008/11/2021 246,820.04 0.95190348JR93 Wells Fargo Bank10147 248,000.00 247,781.84 08/30/20233.30008/31/2018 262,021.61 3.354949763TF3 3,966,357.24 2.2774,069,663.693,968,000.003,966,315.86Subtotal and Average
0.94126,070,017.79 26,009,818.28 26,244,509.47 26,079,178.65Total and Average Portfolio LYNW
APData Updated: SET_PMM: 10/19/2021 14:45
Run Date: 10/19/2021 - 14:45 PM (PRF_PM2) 7.3.0
17 City Council Regular Meeting - Page 68 of 144
Maturity Report
City of Lynwood October 31, 2021
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 0.026% 1Goldman Sachs Govt MMF 837,044.37 11/01/2021 1 0.03% 837,044.37 837,044.37 9819499 0.203% 1LAIF 05/18/2020 9,532,263.99 11/01/2021 1 0.20% 9,532,263.99 9,532,263.99 3133EJT74 3.050% 1,069FFCB 11/27/2018 500,016.32 11/15/2021 15 2.96% 500,000.00 500,585.00 3130AAB49 1.875% 1,768FHLB 12/28/2016 499,853.15 12/10/2021 40 2.16% 500,000.00 500,930.00 59217GCD9 2.650% 1,459MetLife 11/02/2017 250,196.99 04/08/2022 159 2.46% 250,000.00 252,492.50 27002YEM4 2.600% 905EagleBank 05/10/2019 248,000.00 05/10/2022 191 2.60% 248,000.00 251,188.94 33847E2J5 2.500% 872Flagstar Bank 06/12/2019 248,000.00 06/13/2022 225 2.50% 248,000.00 251,576.44 46849LSW2 2.500% 1,572Jackson National Life 07/12/2017 249,708.47 06/27/2022 239 2.69% 250,000.00 253,540.00 1404203Z1 2.300% 1,550Capital One Bank USA 08/03/2017 247,912.18 08/02/2022 275 2.35% 248,000.00 251,943.77 795450D36 2.350% 1,529Sallie Mae Bank 08/24/2017 247,905.47 08/23/2022 296 2.40% 248,000.00 252,345.01 3135G0T78 2.000% 1,431FNMA 11/30/2017 499,500.86 10/05/2022 339 2.11% 500,000.00 508,675.00 61747MF63 2.650% 1,388Morgan Stanley Bank 01/12/2018 247,860.45 01/11/2023 437 2.70% 248,000.00 254,733.99 59013J5Z8 3.350% 1,047Merrick Bank 12/19/2018 247,848.42 02/21/2023 478 3.41% 248,000.00 257,585.69 912828ZD5 0.500% 319U.S. Treasury 12/16/2020 502,527.86 03/15/2023 500 0.13% 500,000.00 501,290.00 20033AZK5 3.300% 1,220Comenity Capital Bank 06/29/2018 247,809.88 06/29/2023 606 3.40% 248,000.00 259,346.99 38148PR33 3.300% 1,210Goldman Sachs Bank 07/09/2018 247,809.03 07/06/2023 613 3.35% 248,000.00 259,461.41 90331HNV1 3.400% 975US Bank 03/01/2019 251,301.69 07/24/2023 631 3.08% 250,000.00 261,842.50 949763TF3 3.300% 1,157Wells Fargo Bank NA 08/31/2018 247,791.22 08/30/2023 668 3.35% 248,000.00 260,116.58 29278TLY4 2.000% 762EnerBank 09/30/2019 247,772.70 09/27/2023 696 2.05% 248,000.00 254,540.91 91282CAW1 0.250% 101U.S. Treasury 07/22/2021 999,965.60 11/15/2023 745 0.25% 1,000,000.00 994,450.00 89236TFS9 3.350% 976Toyota Moter Credit 02/28/2019 251,596.26 01/08/2024 799 3.03% 250,000.00 264,330.00 17312Q3B3 3.000% 976Citibank 02/28/2019 247,733.49 02/27/2024 849 3.05% 248,000.00 261,023.63 46625HJX9 3.625% 902JPMorgan Chase & Co 05/13/2019 507,658.27 05/13/2024 925 2.97% 500,000.00 534,200.00 3133EKTV8 1.900% 852FFCB 07/02/2019 499,946.64 07/01/2024 974 1.90% 500,000.00 515,425.00 32100LCB9 1.850% 779First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 1,048 1.85% 248,000.00 254,656.96 3133EK3B0 1.500% 745FFCB 10/17/2019 199,035.05 10/16/2024 1,081 1.67% 200,000.00 203,984.00 912828YV6 1.500% 101U.S. Treasury 07/22/2021 1,032,800.09 11/30/2024 1,126 0.43% 1,000,000.00 1,021,450.00 64952WDL4 2.000% 648New York Life 01/22/2020 249,421.11 01/22/2025 1,179 2.08% 250,000.00 256,365.00 3130A4CH3 2.375% 389FHLB 10/07/2020 531,392.17 03/14/2025 1,230 0.49% 500,000.00 525,365.00 30231GBH4 2.992% 496Exxon Mobil 06/22/2020 266,234.65 03/19/2025 1,235 0.99% 250,000.00 264,302.50 912828ZT0 0.250% 124U.S. Treasury 06/29/2021 492,275.28 05/31/2025 1,308 0.69% 500,000.00 487,795.00 3136G4H71 0.500% 439FNMA 08/18/2020 500,000.00 08/12/2025 1,381 0.50% 500,000.00 490,075.00 3137EAEX3 0.375% 376FHLMC 10/20/2020 498,027.08 09/23/2025 1,423 0.48% 500,000.00 487,805.00 05580AXF6 0.500% 401BMW Bank 09/25/2020 248,000.00 09/25/2025 1,425 0.50% 248,000.00 242,281.22 91282CAZ4 0.375% 101U.S. Treasury 07/22/2021 990,158.83 11/30/2025 1,491 0.62% 1,000,000.00 972,460.00 91282CBH3 0.375% 248U.S. Treasury 02/25/2021 495,200.09 01/31/2026 1,553 0.60% 500,000.00 485,020.00 Run Date: 11/8/2021 - 11:50 AM
Amortizing
20City Council Regular Meeting - Page 69 of 144
Maturity Report
City of Lynwood October 31, 2021
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
856283S98 1.000% 187State Bank of India 04/27/2021 248,000.00 04/27/2026 1,639 1.00% 248,000.00 246,144.78 91282CCF6 0.750% 101U.S. Treasury 07/22/2021 1,002,247.15 05/31/2026 1,673 0.70% 1,000,000.00 982,500.00 89235MLC3 0.950% 108Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 1,718 0.95% 248,000.00 245,161.78 90348JR93 0.950% 81UBS Bank USA 08/11/2021 248,000.00 08/11/2026 1,745 0.95% 248,000.00 245,008.91 91282CCZ2 0.875% 12U.S. Treasury 10/19/2021 492,996.04 09/30/2026 1,795 1.17% 500,000.00 492,775.00 Net Maturities and Averages 26,097,810.83 587 0.96% 26,174,081.89 26,037,308.36 Run Date: 11/8/2021 - 11:50 AM
Amortizing
21City Council Regular Meeting - Page 70 of 144
Maturity Report
City of Lynwood November 30, 2021
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 0.026% 1Goldman Sachs Govt MMF 876,189.83 12/01/2021 1 0.03% 876,189.83 876,189.83 9819499 0.203% 1LAIF 05/18/2020 9,532,263.99 12/01/2021 1 0.20% 9,532,263.99 9,532,263.99 3130AAB49 1.875% 1,798FHLB 12/28/2016 499,962.35 12/10/2021 10 2.16% 500,000.00 500,235.00 59217GCD9 2.650% 1,489MetLife 11/02/2017 250,160.60 04/08/2022 129 2.46% 250,000.00 252,055.00 27002YEM4 2.600% 935EagleBank 05/10/2019 248,000.00 05/10/2022 161 2.60% 248,000.00 250,626.97 33847E2J5 2.500% 902Flagstar Bank 06/12/2019 248,000.00 06/13/2022 195 2.50% 248,000.00 251,018.40 46849LSW2 2.500% 1,602Jackson National Life 07/12/2017 249,744.29 06/27/2022 209 2.69% 250,000.00 252,747.50 1404203Z1 2.300% 1,580Capital One Bank USA 08/03/2017 247,921.76 08/02/2022 245 2.35% 248,000.00 251,408.25 795450D36 2.350% 1,559Sallie Mae Bank 08/24/2017 247,915.05 08/23/2022 266 2.40% 248,000.00 251,791.54 3135G0T78 2.000% 1,461FNMA 11/30/2017 499,545.56 10/05/2022 309 2.11% 500,000.00 507,415.00 61747MF63 2.650% 1,418Morgan Stanley Bank 01/12/2018 247,870.03 01/11/2023 407 2.70% 248,000.00 254,244.48 59013J5Z8 3.350% 1,077Merrick Bank 12/19/2018 247,857.93 02/21/2023 448 3.41% 248,000.00 256,929.58 912828ZD5 0.500% 349U.S. Treasury 12/16/2020 502,376.19 03/15/2023 470 0.13% 500,000.00 501,230.00 20033AZK5 3.300% 1,250Comenity Capital Bank 06/29/2018 247,819.29 06/29/2023 576 3.40% 248,000.00 258,744.45 38148PR33 3.300% 1,240Goldman Sachs Bank 07/09/2018 247,818.38 07/06/2023 583 3.35% 248,000.00 258,724.51 90331HNV1 3.400% 1,005US Bank 03/01/2019 251,241.10 07/24/2023 601 3.08% 250,000.00 260,067.50 949763TF3 3.300% 1,187Wells Fargo Bank NA 08/31/2018 247,800.59 08/30/2023 638 3.35% 248,000.00 259,451.77 29278TLY4 2.000% 792EnerBank 09/30/2019 247,782.49 09/27/2023 666 2.05% 248,000.00 254,025.73 91282CAW1 0.250% 131U.S. Treasury 07/22/2021 999,966.99 11/15/2023 715 0.25% 1,000,000.00 994,770.00 89236TFS9 3.350% 1,006Toyota Motor Credit 02/28/2019 251,535.49 01/08/2024 769 3.03% 250,000.00 262,825.00 17312Q3B3 3.000% 1,006Citibank 02/28/2019 247,742.91 02/27/2024 819 3.05% 248,000.00 260,152.19 91282CBV2 0.375% 8U.S. Treasury 11/22/2021 496,342.34 04/15/2024 867 0.69% 500,000.00 496,600.00 46625HJX9 3.625% 932JPMorgan Chase & Co 05/13/2019 507,414.75 05/13/2024 895 2.97% 500,000.00 530,465.00 3133EKTV8 1.900% 882FFCB 07/02/2019 499,948.25 07/01/2024 944 1.90% 500,000.00 514,965.00 32100LCB9 1.850% 809First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 1,018 1.85% 248,000.00 254,014.59 3133EK3B0 1.500% 775FFCB 10/17/2019 199,061.32 10/16/2024 1,051 1.67% 200,000.00 203,546.00 912828YV6 1.500% 131U.S. Treasury 07/22/2021 1,031,926.19 11/30/2024 1,096 0.43% 1,000,000.00 1,020,040.00 64952WDL4 2.000% 678New York Life 01/22/2020 249,435.57 01/22/2025 1,149 2.08% 250,000.00 256,072.50 3130A4CH3 2.375% 419FHLB 10/07/2020 530,641.65 03/14/2025 1,200 0.49% 500,000.00 524,330.00 30231GBH4 2.992% 526Exxon Mobil 06/22/2020 265,848.11 03/19/2025 1,205 0.99% 250,000.00 263,267.50 912828ZT0 0.250% 154U.S. Treasury 06/29/2021 492,452.46 05/31/2025 1,278 0.69% 500,000.00 487,850.00 3136G4H71 0.500% 469FNMA 08/18/2020 500,000.00 08/12/2025 1,351 0.50% 500,000.00 489,540.00 3137EAEX3 0.375% 406FHLMC 10/20/2020 498,067.89 09/23/2025 1,393 0.48% 500,000.00 487,060.00 05580AXF6 0.500% 431BMW Bank 09/25/2020 248,000.00 09/25/2025 1,395 0.50% 248,000.00 241,906.65 91282CAZ4 0.375% 131U.S. Treasury 07/22/2021 990,356.84 11/30/2025 1,461 0.62% 1,000,000.00 973,360.00 91282CBH3 0.375% 278U.S. Treasury 02/25/2021 495,292.81 01/31/2026 1,523 0.60% 500,000.00 485,645.00 Run Date: 12/9/2021 - 5:22 PM
Amortizing
20City Council Regular Meeting - Page 71 of 144
Maturity Report
City of Lynwood November 30, 2021
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
856283S98 1.000% 217State Bank of India 04/27/2021 248,000.00 04/27/2026 1,609 1.00% 248,000.00 245,696.79 91282CCF6 0.750% 131U.S. Treasury 07/22/2021 1,002,206.85 05/31/2026 1,643 0.70% 1,000,000.00 984,300.00 89235MLC3 0.950% 138Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 1,688 0.95% 248,000.00 244,776.97 90348JR93 0.950% 111UBS Bank USA 08/11/2021 248,000.00 08/11/2026 1,715 0.95% 248,000.00 244,640.53 91282CCZ2 0.875% 42U.S. Treasury 10/19/2021 493,113.10 09/30/2026 1,765 1.17% 500,000.00 493,790.00 Net Maturities and Averages 26,131,622.96 585 0.91% 26,188,783.21 26,076,453.82 Run Date: 12/9/2021 - 5:22 PM
Amortizing
21City Council Regular Meeting - Page 72 of 144
Agenda Item # 11.
AGENDA STAFF REPORT
DATE:
January 4, 2022
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Ernie Hernandez, City Manager
PREPARED BY:
Michael M. Blazenski, Interim Finance & Administration Director
SUBJECT:
FINANCIAL STATUS REPORT NOVEMBER 2021
Recommendation:
Receive and file.
Background:
The California Office of State Auditor performed an audit on the City's Financial Risks. One of the recommendations was for the City to prepare a quarterly financial report to the City Council.
Discussion and Analysis:
Attached is the monthly financial status report for the General Fund for the City of Lynwood. It is the objective of the Finance Department to prepare this report on monthly basis; which exceeds the recommendation by the State Auditor.
The report is brief overview of the finances for the General Fund for the five months ending November 30, 2021.
Brief explanations are included along with Revenue and Expenditures actual activity.
These amounts are unaudited; however, it does represent the cash activity for the General Fund for the period included.
Fiscal Impact:
There is no fiscal impact as this is just an information report.
Coordinated With:
N/A
City Council Regular Meeting - Page 73 of 144
ATTACHMENTS:
Description
Financial Status Report November 2021
City Council Regular Meeting - Page 74 of 144
CITY OF LYNWOOD
FINANCIAL STATUS REPORT
Fiscal Year 2021-22
Five months ending November 30, 2021
(Unaudited)
This report summarizes the activities of the General Fund and is not meant to be inclusive of all finance and accounting transactions and excludes encumbrances. It is intended only to provide the City Council and the public with an overview of the state o f the City’s general fiscal condition. This report is for the five months ending November 30, 2021. This represents five twelfths of the fiscal year.
GENERAL FUND BUDGET POSITION
The City Council adopted the FY 20 21-22 budgets on July 20, 20 21 with approved General Fund estimated revenue of $38,044,359 and expenditures of $39,403,060 with these amounts including transfers with other city funds. Adjustments to the budget have increased the revenue budget to $38,146,403 and expenditures to $39,617,207.
GENERAL FUND REVENUES
Table 1 highlights the amount and percentage of revenues received in each of the major cl assifications as of November 30, 2021. The first five months results for fiscal year 2021-22 show General Fund revenues coming in at 19% of budget.
This is typical at this time of the year due to the cyclical nature of when revenue receipts are received.
Table 1
GENERAL FUND REVENUES
As of November 30, 2021
2021-22
Adopted
Budget
2021-22
Amended
Budget
2021-22
Year-To-
Date
Actuals
YTD % of
Amended
Budget
Revenue Type
Sales Tax 11,985,000$ 11,985,000$ 3,414,384$ 28% Property Tax 11,749,426 11,749,426 70,449 1% Utility User Tax 5,270,000 5,270,000 1,897,174 36% Other Taxes & Assessments 1,584,964$ 1,584,964$ 282,655$ 18% Licenses & Permits 805,100 906,784$ 367,314 41% Fines, Forfeitures, Penalties 913,500 913,500 310,071 34% Use of Money & Property 382,997 382,997 78,765 21% Intergovernmental 149,929 149,929 29,833 20% Charges for Services 1,239,445 1,239,445 468,671 38% Administrative support 1,118,674 1,118,674 125,000 11% Miscellaneous 747,850 747,850 192,874 26% Transfer in 2,097,474 2,097,474 37,858 2% Total Revenues 38,044,359$ 38,146,043$ 7,275,048$ 19%
City Council Regular Meeting - Page 75 of 144
Property Taxes including the in-lieu payments comprises 30.9% of the total General Fund annual revenues and are primarily received in December/January and April/May timeframes. Property tax revenues through November are at 1% of the annual budget and are basically unsecured property taxes.
Sales Tax including Measure PS comprises 31.5% of the total annual General Fund revenues. Revenues received through October came in at 28% of the adopted budgeted amount as the state was still paying sales tax related to the prior fiscal year in July and August. The amount of sales tax revenue collected, so far, is exceeding the budgeted projection. It is still too early to determine the extent of the amount expected sales tax revenue for the fiscal yea.
Utility User Tax comprises 13.9% of the total annual General Fund revenues. These funds are paid to the City one month after collection. Collections of 36% have been made to date.
All other taxes includes Transfer tax, Franchise tax, Cannabis tax and other small miscellaneous collections. These comprises 4.1% of the total General Fund annual revenues. Revenues received through November came in at 18% of the adopted budgeted amount. Much of this revenue is received in the April-May-June time period.
Licenses and Permits comprises 2.1% of the total General Fund annual revenues. Revenues received through November 30 came in at 41% of the adopted budgeted amount.
Charges for Services comprises 3.1% of the total General Fund annual revenues. Revenues received through November 30 came in at 38% of the adopted budgeted amount.
GENERAL FUND EXPENDITURES
Table 2 highlights the amount and percentage expended by each department. As of November 30, the General Fund departments combined have expended 29% of the budget which is typical for the first five months of the fiscal year.
Table 2
GENERAL FUND EXPENDITURES
As of November 30, 2021
Department Expenditures
2021-22
Adopted
Budget
2021-22
Amended
Budget
2021-22
Year-To-
Date
Actuals
YTD % of
Amended
Budget
General Government
City Council 308,090$ 308,090$ 91,761$ 30% City Manager 1,603,422 1,603,422 409,064 26% City Attorney 315,560 315,560 122,851 39% Information Technology 548,823 548,823 171,940 31% Human Resources 919,285 919,285 153,797 17% City Treasurer 223,382 223,382 57,634 26% Public Safety 20,541,020 20,541,020 6,852,324 33% City Clerk 330,858 330,858 85,131 26% Finance &Administration 522,791 522,791 193,926 37% Community Development 4,464,656 4,678,803 1,343,128 29% Public Works 2,787,617 2,787,617 875,389 31% Community Services 3,419,876 3,419,876 901,844 26% Successor Agency Admin 279,068 279,068 109,985 39% Transfers 3,138,612 3,138,612 - 0% Total Expenditures 39,403,060$ 39,617,207$ 11,368,773$ 29%
City Council Regular Meeting - Page 76 of 144
As discussed above the overall expenditures are at a level that is expected for the first five months of the new fiscal year.
This is the result of vendors and contractors invoicing in the month after the work is performed. This means that salaries are current but operating expenses can be one to two months behind in being invoiced to the city. Currently, it appears that the city is spending less than was budgeted. Spending amounts will be reviewed during the City’s mid-year review.
City Council Regular Meeting - Page 77 of 144
Agenda Item # 12.
AGENDA STAFF REPORT
DATE:
January 4, 2022
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Ernie Hernandez, City Manager
PREPARED BY:
John Yonai, Interim Director of Community Development
SUBJECT:
DECLARATION OF EXEMPT SURPLUS LAND
Recommendation:
Adopt Resolution Declaring Property Owned by the City of Lynwood located at the northwest corner of Imperial Highway and Fernwood Avenue, in the City of Lynwood, California Surplus Land.
Background:
The Surplus Lands Act (“SLA”) (codified under Government Code section 54221) requires that before a local agency such as the City takes any action to dispose of (sell or lease) property, it must declare the property to be either “surplus land” or “exempt surplus land”. Unless the surplus land is exempt, the agency must give written notice of its availability to any local public entity, including schools and park districts, within whose jurisdiction the property is located, as well as to housing sponsors that have notified the State Department of Housing and Community Development (HCD) of their interest in surplus property.
The notice of availability must be given prior to the agency “participating in negotiations to dispose of the property.” An entity receiving notice from the agency has sixty (60) days to notify the agency of its interest in purchasing the property, and the agency is required to negotiate in good faith for not less than ninety (90) days with any entity that has responded. Notwithstanding the obligation to negotiate in good faith, the local agency is not required to sell or lease the property to the agency, or to do so for less than fair market value.
The SLA’s definition of “exempt surplus property” includes: property that is less than 5000 square feet; property that is transferred to another local, state or federal agency for that agency’s use; property exchanged for another property for that agency’s use; property put out to competitive bid for 100% affordable housing units or for 300 (or more) housing units, at least 25% of which must be affordable to lower income households; property that is subject to a valid legal restriction not imposed by the local agency that would prohibit housing (non-residential zoning is not a valid legal restriction); property that is too small for residential use; or is a former street or easement that is conveyed to an adjacent property owner; and property that is licensed or leased for one year or less.
Discussion and Analysis:
City Council Regular Meeting - Page 78 of 144
The property at issue is located at located at northwest corner of Imperial Highway and Fernwood Avenue (APN No(s). 6169-001-905; 6169-001-900) and consists of approximately 1.8 acres and zoned Manufacturing.
Currently, the property consists of undeveloped, environmentally impacted, vacant land.
This property meets the definition of “surplus” property because it is not necessary for the City’s use as defined pursuant to the amended SLA. As the property is not “exempt” surplus land per the SLA, the City must first declare it surplus and provide the notices described above before disposing of the property.
This item has been reviewed with respect to the applicability of the California Environmental Quality Act (“CEQA”) and the State CEQA Guidelines. The declaration of the Property as exempt surplus land will not have a significant environmental impact and is exempt from CEQA pursuant to Section 15061(b)(3) of Title 14 of the California Code of Regulations because it can be seen with certainty that there is no possibility that the declaration of property as exempt surplus land may have a significant effect on the environment.
Fiscal Impact:
There is no fiscal impact.
Coordinated With:
City Manager
City Attorney
ATTACHMENTS:
Description
Attachment B - Parcel Maps
Attachment C - Location Map
Attachment A - Resolution
City Council Regular Meeting - Page 79 of 144
Attachment B
City Council Regular Meeting - Page 80 of 144
Attachment C
City Council Regular Meeting - Page 81 of 144
RESOLUTION NO. _______
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD,
CALIFORNIA DECLARING CITY OWNED REAL PROPERTY LOCATED AT
THE NORTHWEST CORNER OF IMPERIAL HIGHWAY AND FERNWOOD
AVENUE (APN NOs. 6169-001-905 and 6169-001-900), ALSO KNOWN AS THE
LYNWOOD TRIANGLE, SURPLUS LAND PURSUANT TO THE SUPRLUS
LAND ACT
WHEREAS, the City of Lynwood (“City”) owns that certain real located at the northwest corner of Imperial Highway and Fernwood Avenue, Lynwood, California having Assessor’s Parcel Numbers (“APN”) 6169-001-905 and 6169-001-900;
WHEREAS, the Lynwood Redevelopment Agency acquired the Lynwood Triangle on November 29, 1990 and the Agency then transferred it to the City, as Successor Agency, on March 16, 2011, which is currently vacant, unimproved land and zoned Manufacturing; WHEREAS, the Surplus Land Act (“SLA”) codified under Government Code Sections 54220 et seq. applies when a local agency disposes of “surplus land,” as that term is defined in Government Code Section 54221;
WHEREAS, prior to January 1, 202 0, the City did not consider Lynwood Triangle to be “surplus land” as then defined in the SLA, in part, because it considered the reuse and redevelopment of the Lynwood Triangle property to be a continuing City use for investment, redevelopment, and revenue generation purposes;
WHEREAS, on October 9, 2019, Assembly Bill (“AB”) 1486 was signed into law, which significantly amended the SLA effective January 1, 2020. These amendments included, among other things, changing the long-standing definitions of “surplus land” and “exempt surplus land ,” providing that property shall be declared either surplus or exempt surplus land before a local agency may take any action to dispose of the property, and adding new limitations providing that an “agency’s use” shall not include commercial or industrial uses or activities and other non - governmental retail, entertainment, or office development, or use of the property for investment or revenue generation;
WHEREAS, based on the recently amended SLA by way of AB 1486, the Lynwood Triangle property constitutes “surplus land” as defined under Government Code Section 54221;
WHEREAS, pursuant to the amended SLA, the City shall send a written notice of availability of the above referenced properties to all of the entities identified in Government Code Section 54222 by electronic mail or by certified mail;
WHEREAS, pursuant to Government Code Section 54227, if one of the entities/agencies desires to purchase or lease the properties after having received notice, it must indicate its interest to do so in writing to the City within 60 days of receiving the City’s notice and the City and the entity/agency responding may negotiate price and terms for disposition of the property; and
WHEREAS, in the event that no agreement is reached between the City and any interested entity/agency after a good faith negotiation period of 90 days, the properties may be disposed of without further regard to the SLA.
City Council Regular Meeting - Page 82 of 144
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY RESOLVE, DECLARE AND DETERMINE AS FOLLOWS:
SECTION 1: The City Council of the City of Lynwood hereby finds and declares that the foregoing recitals are true and correct and incorporates them herein as its findings.
SECTION 2 For the purposes of compliance with the amended SLA, the Lynwood Triangle property is hereby declared surplus land as defined under the SLA. The City Manager, or his designee, is directed to proceed with the notification and negotiation requirements set forth under the SLA to facilitate the possible disposition of the properties.
SECTION 3. The adoption of this Resolution is exempt from the California Environmental Quality Act (“CEQA”) on the basis that the declaration of surplus land contained herein does not have the potential for creating a significant effect on the environment and is therefore exempt from further review under CEQA pursuant to CEQA Guidelines Section 15060(c)(3) because it is not a project as defined by CEQA Guidelines Section 15378.
SECTION 4. The City Clerk shall attest and certify to the passage and adoption of this Resolution and enter it into the bo ok of original resolutions. This Resolution shall be effective immediately upon adoption.
PASSED, APPROVED, AND ADOPTED by the City Council of the City of Lynwood, California this 11th day of January 2022.
________________________
Jorge Casanova, Mayor
ATTEST:
_______________________
Maria Quinones, City Clerk
City Council Regular Meeting - Page 83 of 144
Agenda Item # 13.
AGENDA STAFF REPORT
DATE:
January 4, 2022
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Ernie Hernandez, City Manager
PREPARED BY:
John Yonai, Interim Director of Community Development
SUBJECT:
2022 HOMELESS COUNT COMMUNITY AGREEMENT
Recommendation:
Staff recommends that the City Council
authorize the City Manager to approve and sign the 2022 Homeless Count Community Agreement.
No further City Council action is necessary.
Background:
The Los Angeles Homeless Services Authority (LAHSA) is a joint powers authority of the City and County of Los Angeles to address the problems of homelessness in Los Angeles. LAHSA is the lead agency in the HUD- funded Los Angeles Continuum of Care and coordinates the Greater Los Angeles Homeless Count annually.
Mandated by the U.S. Dept. of Housing and Urban Development (HUD), the Greater Los Angeles Homeless Count is the largest homeless census count in the nation.
Discussion and Analysis:
The Homeless Count is a community-wide undertaking made possible only with the support of dedicated volunteers, partners, civic leaders, law enforcement and elected officials. The City has participated in past Homeless Counts and would like to continue its ongoing support and participation to the local SPA 6 area in conjunction with LAHSA as a Deployment Site. As a Deployment Site the City will dedicate a facility on the day of the street count, from which volunteers will be deployed to perform the Homeless Count. The year’s Homeless Count will take place on January 27, 2022.
Execution of the Community Agreement signifies a commitment to participate in the annual Greater Los Angeles Homeless Count, which sets forth roles and responsibilities between LAHSA and the City during the event. The Community Agreement is also specific to the Street Count component of the Homeless Count.
Fiscal Impact:
City Council Regular Meeting - Page 84 of 144
The Fiscal impact is minimal but not currently known; but estimated to be less than $10,000.00. The City will be providing support through the offering of Bateman Hall as the coordination facility and area for all LAHSA community volunteers, in addition to Community Development Public Service Officers, Parks and Recreation Staff, Sheriffs Officers and other supporters for this Los Angeles Basin wide activity.
Coordinated With:
This effort is the City of Lynwood's contribution to assist in identifying the homeless population located within the City. The City departments of Community Development, Parks and Recreation, Sheriff's Department, are all coordinating with LAHSA in this effort.
ATTACHMENTS:
Description
Attachment A - Community Agreement
City Council Regular Meeting - Page 85 of 144
1 GREATER LOS ANGELES HOMELESS COUNT
2022 Street Count Community Agreement
Updated as of November 2, 2021
This Community Agreement for Partners (Community Agreement) sets forth roles and responsibilities between the Los Angeles Homeless Services Authority (LAHSA) and the Community Partner (Partner) during the annual Greater Los Angeles Homeless Count.
BACKGROUND
LAHSA is a joint powers authority, formed by the City and County of Los Angeles in 1993, to address the problems of homelessness in Los Angeles. LAHSA is the lead agency of the Los Angeles Continuum of Care (LA CoC). The LA CoC includes 85 cities and the unincorporated areas of Los Angeles County, excluding only the cities of Glendale, Long Beach and Pasadena, as each of those three cities operate their own independent Continuums.
The Community Agreement is specific to the Street Count Component of the Homeless Count. For more info on other components of the Homeless Count please see the latest Methodology Report:
https://www.lahsa.org/documents?id=4658-usc-2020-homeless-count-methodology-report
The 2020 Homeless Count was the largest such undertaking in the country, benefitting from the support of more than 8,000 volunteers. The data gathered from the 2020 Homeless Count is extremely valuable. It supplies government agencies, service providers and housing providers with a reliable estimate of the homeless population in the City and County of Los Angeles, including sub-regions such as Service Planning Areas (SPAs), Supervisorial Districts (SDs), and Council Districts (CDs). It also provides an array of demographic information.
This Community Agreement gives cities, communities, and other stakeholders the opportunity to ensure that the collection of local data is completed with a high confidence level because of your local knowledge. Full enumeration of every agreed-upon census tract within each city/community area provides more granular data and can substantially aid efforts to evaluate existing homeless services and plan for future measures to address local homelessness in your community.
I. PARTNER RESPONSIBILITIES
To ensure a successful enumeration of people experiencing homelessness, the Community Partner will be responsible for providing the following:
A. Street Count
1. Follow the methodology approved by LAHSA
2. Count all the census tracts in the Community Partner’s jurisdiction and unincorporated areas agreed upon.
3. If needed, count additional census tracts that may be assigned to the Community Partner’s deployment site due to distance, and/or lack of deployment centers in a community nearby. LAHSA will inform Community Partner within two weeks of Street Count night.
City Council Regular Meeting - Page 86 of 144
2 4. To achieve continuous, reliable counts of unsheltered people experiencing homelessness, it is strongly encouraged that at least 30-days prior to the Homeless Count, your city/community area does not target people experiencing homelessness to conduct clean-ups, as doing so would impact the accuracy of the Homeless Count.
B. Deployment Site
A Deployment Site is a location within your area, on the day of the street count, from which volunteers will be deployed to perform the Homeless Count, which meets the following requirements:
1. ADA accessible location
2. Follow all state, county, or local city safety standards and precautions in place at the time of the Street Count, including (but not limited to) use of personal protective equipment and social distancing;
3. Provide a safe environment for volunteers and deployment site staff, including:
a. Having most or all of the activities outdoors with:
i. Sufficient sources of power, lighting
ii. Access to restrooms
iii. Accommodate inclement/cold/windy weather
or
b. Having most or all of the activities indoors:
i. In a facility large enough to provide social distancing ii. Provides well ventilation
iii. Follows other safety protocols in place at the Street Count
4. Outdoor parking to accommodate the maximum number of volunteers expected
5. Assist with logistics and coordinating access to the deployment site during the Street Count
C. Deployment Site Coordinator
Partner provides a Deployment Site Coordinator who has the following responsibilities/duties:
1. Directing operations at a volunteer Deployment Site including site set-up
2. Ensuring volunteers are deployed in teams
3. Recruiting Deployment Site Coordinator Assistant(s) to assist with Deployment Site Coordinator tasks and responsibilities
4. Tracking and checking all volunteer teams to ensure that they return in a timely manner
5. Answering volunteer questions
6. Ensuring all volunteers contact information, waiver forms, are completed
7. Coordinating pick-up and drop-off of all Homeless Count materials with LAHSA
8. Communicating and coordinating with the LAHSA Community Relations Coordinator
9. Participating in trainings and ensuring other appropriate volunteer-staff attend trainings to support the successful implementation of the Homeless Count
10. In coordination with LAHSA, ensuring that volunteer waivers are signed
11. Coordinating with LAHSA Community Relations Coordinators regarding ADA requests from volunteers
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3 12. Due to the responsibilities of this role, each Deployment Site Coordinator will be given access to volunteer personal contact information and agrees to not use this information for any purpose other than homeless count planning.
13. Due to the responsibilities of this role, each Deployment Site Coordinator will be given access to homeless count data and agrees to not duplicate or allow duplication of such data (including but not limited to copies, pictures, or transcribing data from electronic or paper tally sheets, supporting materials, emails, texts, and any other documentation) by anyone other than a designated LAHSA representative or employee.
14. Ensuring that each adult volunteer completes and signs a release and waiver (Exhibit D), indemnifying LAHSA and your city/community area from any liability during their participation on the day of the Homeless Count.
D. Volunteer Recruitment
Partner agrees to support Volunteer Recruitment activities:
1. Recruiting for the city/community area
2. Communicating that, depending upon deployment needs on the day of the Homeless Count, volunteers may be asked to be deployed to conduct Homeless Count activities outside of or adjacent to the city/community area
II. LAHSA RESPONSIBILITIES
To ensure a successful enumeration of homeless persons across the LA CoC, LAHSA will be responsible for the following:
1. Managing, directing, and overseeing the planning, logistics, documentation, coordination and execution of Homeless Count activities
2. Training for the Deployment Site Coordinators and Homeless Count volunteers. Deployment Site Coordinators will receive training on Homeless Count preparation, data collection, safety procedures and other relevant training, as needed. Volunteers will receive training on standard enumeration and safety procedures
3. Materials and supplies (Note: electronic devices like tablets and smartphones will not be provided)
4. Providing ongoing guidance, tools, and assistance to Deployment Site Coordinators and other relevant volunteers
5. Providing Community Partner, the Census Tracts to be counted for the agreed upon jurisdiction;
6. Providing Partners, within two weeks of Street Count night, if additional census tracts may need to be covered due to distance between deployment center and/or lack of deployment center in another community
7. Providing an estimate of the minimum number of volunteers needed to successfully complete the Homeless Count based upon the number of census tracts to be enumerated in this Community Agreement area (EXHIBIT A)
8. Providing support with volunteer outreach, recruitment, and tracking
9. Coordinating the requests for reasonable ADA accommodations
10. Coordinating for language interpretation services, if requested City Council Regular Meeting - Page 88 of 144
4 11. Providing an onsite security guard, if requested by the Deployment Site Coordinator
12. Coordinating the presence of a Homeless Count App Point Person at each deployment location
III. COMMUNITY AGREEMENT COMMITMENT
The Greater Los Angeles Homeless Count is conducted within the last 10 days of January each year. The execution of this agreement by an authorized official of your city- or community- or organization signifies a commitment to participate in the Community Agreement Program and to fulfill all of the responsibilities expected of Partners as specified in this agreement.
A. Single and Multi-Year Community Partner Options
Partners may participate as a Homeless Count Partner for one or three years for Homeless Counts 2022 through 2024. The Community Agreement will be reviewed on an annual basis and be updated if necessary.
□ Single-year - Option
Partners may participate as a Homeless Count Partner for a single year.
□ Three-year - Option
1. Homeless Count Dates
Dates are tentative and subject to change:
• 2022: January 25, 26, 27
• 2023 (tentative): January 24, 25, 26
• 2024 (tentative): January 23, 24, 25
B. Termination of Community Agreement
Should either LAHSA or the Community Agreement Partner choose to decline to participate for any reason, this party agrees to submit that request by a written notice four months prior to the date of the Homeless Count.
IV. RELEASE OF DATA
Homeless Count data gathered on the day of the Count shall not be duplicated (including but not limited to copies, pictures, or transcribing data from electronic or paper tally sheets, supporting materials, emails, texts, and any other documentation) by any party other than LAHSA. The data collected on the night of the Count is only one part of the final number and therefore should not be shared to avoid misinformation.
LAHSA will submit its analysis to the U.S. Department of Housing and Urban Development and will publicly release the results in the summer. Data related to the Homeless Count results may be released by Community Agreement Partners, however, it must be taken from the final results published by LAHSA. Only these finalized results give the accurate picture of people experiencing homelessness in the region.
Any and all data releases MUST give recognition to LAHSA.
City Council Regular Meeting - Page 89 of 144
5 RELEASE, INDEMNITY, AND WAIVER OF LIABILITY (used when you are partnering with a public entity) Each of the parties to this Agreement is a public entity. In contemplation of the provisions of Section 895.2 of the Government Code of the State of California imposing certain tort liability jointly upon public entities solely by reason that such entities are parties to an Agreement as defined by Section 895 of said Code, the parties hereto, as between themselves, pursuant to the authorization contained in Sections 895.4 and 895.6 of said Code, will each assume the full liability imposed upon it, or any of its officers, agents or employees, by law, for injury caused by any negligent or wrongful act or omission occurring in the performance of this Agreement to the same extent that such liability would be imposed in the absence of Section 895.2 of said Code. To achieve the above-stated purpose, each party indemnifies and holds harmless the other party for any loss, costs, or expenses that may be imposed upon such other party by virtue of said Section 895.2. In the event of third- party loss caused by negligence, wrongful act or omission of either party, each party shall bear financial responsibility in proportion to its percentage of fault, as may be mutually agreed or judicially determined. The provisions of Section 2778 of the California Civil Code regarding interpretation of indemnity agreements are hereby incorporated. The provisions of this paragraph survive expiration or termination of this Agreement.
The Community Agreement Partner and the LAHSA have caused this Agreement to be executed by their duly authorized representatives.
Responsibility
Name of
Community
Partner
Name and Title
of Authorized
Contact
Email of
Contact
Phone of
Contact
Community
Partner for
2022
Community
Partner for
3 years
(2022-2024)
Community Partner
responsibilities
1. Deployment
Site
2. Deployment
Site
Coordinator
3. Volunteer
Recruitment
City Council Regular Meeting - Page 90 of 144
6 For: LOS ANGELES HOMELESS SERVICES AUTHORITY (LAHSA)
By: __________________________________________________
Heidi Marston, Executive Director
Day: __________________________________________________
For: COMMUNITY AGREEMENT PARTNER
By: __________________________________________________
Name
By: __________________________________________________
Title
By: __________________________________________________
Signature
By: __________________________________________________
Phone and Email
Day: __________________________________________________
City Council Regular Meeting - Page 91 of 144
7 LIST OF EXHIBITS
EXHIBIT A Approved Census Tracts and Maps of City/Community Area
EXHIBIT B Deployment Site Worksheet
EXHIBIT C Deployment Site Coordinator Contact Sheet
EXHIBIT D RELEASE, INDEMNITY, AND WAIVER OF LIABILITY – Homeless Count 2022 Waiver
City Council Regular Meeting - Page 92 of 144
8 EXHIBIT A
APPROVED CENSUS TRACTS
The below table lists the census tracts that have been approved for enumeration:
Census Tract(s)
1. 2.
3. 4.
5. 6.
7. 8.
9. 10.
11. 12.
13. 14.
15. All specific City/Area Census tract information can be obtained from your Community Relations Coordinator:
City Council Regular Meeting - Page 93 of 144
9 EXHIBIT B
DEPLOYMENT SITE WORKSHEET
City/Community Area/Name: Count Day:
Deployment
Site
Location
Site Name
Address
SPA
Capacities
Volunteer Capacity
Parking Address (if different from location)
Special Parking Instructions
# Volunteers
# Tracts Internet or Wi-Fi Available?
_____Y ______N
Security from LAHSA needed?
_____Y ______N
Deployment Site
Access Provider
Name
Work # Mobile #
City Council Regular Meeting - Page 94 of 144
10 EXHIBIT C
DEPLOYMENT SITE COORDINATOR CONTACT SHEET
Designated
Contacts
Deployment Site
Coordinator
Name
Work # Mobile #
Assistant Deployment
Site Coordinator
Name
Work # Mobile #
Other Deployment
Site Volunteer Staff
Name
Work# Mobile#
City Council Regular Meeting - Page 95 of 144
11 EXHIBIT D
2022 HOMELESS (STREET) COUNT RELEASE, INDEMNITY AND WAIVER OF LIABILITY AGREEMENT FOR VOLUNTEERS
I. TERMS OF PARTICIPATION IN HOMELESS (STREET) COUNT
A. I understand and agree that the Los Angeles Homeless Services Authority (LAHSA) will be conducting the 2022 Greater Los Angeles Homeless Count (2022 Homeless Count), and that I may volunteer to assist in this important community effort as set forth in this Agreement. As a 2022 Homeless Count volunteer, I also understand that my behavior and actions will be expected to be morally responsible and ethical.
B. I understand and agree that my services are temporary, and therefore I will only be participating on the date(s) of January 25, 26, and/or 27, 2022 from 8:00 p.m., (unless another time has bee n specified) until my Count shift is finished (approximately between 12:00 a.m. and 2:00 a.m., unless another time is specified). I further understand that I am eligible to participate on all consecutive dates.
C. I understand and agree that I must complete the virtual training session prior or on the date of the Count as a requirement to participate in the Count.
D. I understand and agree that I will not receive any monetary compensation for attending the virtual training session, nor will I receive monetary compensation for participating in the Count.
E. I understand and agree that I am responsible for my own transportation to/from the site of the Count.
II. ASSUMPTION OF RISKS
A. I understand and agree that my participation in the Count carries with it certain inherent risks that cannot be eliminated regardless of the care taken to avoid injuries. The specific risks vary based on the walking and/or driving route and associated activities, but the risks range from minor to major injuries.
B. I acknowledge the contagious nature of COVID-19 and that the Center for Disease Control and Prevention (“CDC”), government officials and public health authorities recommend wearing a mask and practicing social distancing. I acknowledge that I must comply with LAHSA’s instructions, and I agree to wear a mask at all times, covering my nose and mouth, and I will practice social distancing while participating in the Count. if I do not feel well on the night of the Count, I understand that I should stay home to minimize any risk to others. I further acknowledge that LAHSA cannot guarantee that I will not become infected with COVID-19.
III. RELEASE, INDEMNITY, AND WAIVER OF LIABILITY
A. I understand and agree that my participation in the training and Count is voluntary, and as such, I, fo r myself, my heirs, personal representatives or assigns, do hereby forever waive, discharge, and release LAHSA and any of its employees, agents, officers, stakeholders, and volunteers from any and all claims, lawsuits and causes of action, and liability, including negligence, resulting in personal injury, accidents or illnesses (including death), and property loss arising from participation in the training and Count.
B. I agree to indemnify and hold LAHSA and any of its employees, agents, officers, stakeholder s, and volunteers harmless from any and all loss or claims, actions, suits, procedures, costs, expenses, damages and liabilities, including injury to person or property, arising from or in any way related to my participation in the training and Count.
IV. PHOTOGRAPHIC RELEASE
A. I hereby grant permission and convey to LAHSA all rights, titles, and interests in any and all photographs, images, video, or audio recordings of me or my likeness or voice for use by LAHSA in connection with the provision of volunteer services. I hereby waive any right that I may have to inspect or approve the finished product or products.
I have carefully read this Agreement and fully understand both its terms and that participation in the Count is a voluntary, non-work-related activity. I understand that I am giving up my right to sue and acknowledge that I am signing this Agreement freely and voluntarily. I intend, by my signature below, to grant a complete and unconditional release of all liability to t he greatest extent allowed by law. Without reservations I would like to participate in the 2022 Homeless Street Count.
Volunteer Name: email:
Print Name
Volunteer Signature: Date:
Signature
City Council Regular Meeting - Page 96 of 144
Agenda Item # 14.
AGENDA STAFF REPORT
DATE:
January 4, 2022
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Ernie Hernandez, City Manager
PREPARED BY:
Shanell Shipe, Assistant to the City Manager
SUBJECT:
APPROVAL OF AN AGREEMENT WITH TIERRA WEST ADIVORS TO PROVIDE
INTERIM SERVICES FOR THE VACANT DIRECTOR OF COMMUNITY
DEVELOPMENT POSITION
Recommendation:
Staff recommends that the City Council adopt the attached resolution entitled, "A RESOLUTION OF THE CITY
COUNCIL OF THE CITY OF LYNWOOD , COUNTY OF LOS ANGELES, STATE OF CALIFORNIA
AUTHORIZING THE CITY MANAGER TO EXECUTE, IN A FORM SATISFACTORY TO THE CITY
ATTORNEY, AN AGREEMENT WITH TIERRA WEST ADVISORS TO PROVIDE INTERIM SERVICES FOR THE DIRECTOR OF COMMUNITY DEVELOPMENT POSITION."
Background:
The Community Development Department consists of three divisions - Planning, Building & Safety, Housing & Community Development, and Public Safety.
The mission of the Department is to promote and enhance the quality of life in the City of Lynwood by protecting the health, safety, and welfare of our residents and business community.
Discussion and Analysis:
Over the last few months, the City has been working with Tierra West Advisors to provide interim services to fill the vacant Director position in the Community Development department. That lead role is essential to the City's overall operation and staff would like to ensure the City has a skilled and knowledgeable individual to lead the department until the Director position is permanently filled. Staff is recommending that the City Council approve the professional services agreement with Tierra West Advisors to continue providing services to the City.
In the meantime, staff will work with our Human Resources Department to find a suitable candidate to permanently fill the vacant position.
City Council Regular Meeting - Page 97 of 144
Fiscal Impact:
There is no fiscal impact. Invoices will be paid using the salary savings from the vacant Director position in the department.
Coordinated With:
City Attorney's Office
ATTACHMENTS:
Description
Agreement- Tierra West Advisors
Reso- Tierra West Advisors
City Council Regular Meeting - Page 98 of 144
1 PROFESSIONAL SERVICES AGREEMENT
This agreement (“Agreement”) is made as of January 4, 2022 by and between the City of Lynwood, a municipal corporation ("City") and Tierra West Advisors (“Consultant”). City and Consultant are sometimes hereinafter individually referred to as a “Party” and collectively referred to as the “Parties.”
R E C I T A L S
WHEREAS, City desires to utilize the services of Consultant as an independent contractor to provide interim services for the vacant Director of Community Development position as set forth in the Scope of Services attached hereto as Exhibit A; and
WHEREAS, Consultant represents that it is fully qualified to perform such consulting services by virtue of its experience and the training, education and expertise of its principals and employees.
NOW, THEREFORE, in consideration of performance by the parties of the covenants and conditions herein contained, the parties hereto agree as follows:
1. Company's Scope of Services. The nature and scope of the specific services to be performed by Consultant are as described in Exhibit A.
2. Term of Agreement. This Agreement shall commence on January 4, 2022 (the “Commencement Date”) and shall remain and continue in effect until tasks described in Exhibit A are completed, but in no event later than December 31 2022, unless sooner terminated pursuant to the provisions of this Agreement.
3. Compensation.
A. City agrees to compensate Consultant for services under this Agreement in compliance with the sch edule set forth in Exhibit A. Consultant shall submit proper monthly invoices in the form and manner specified by City. Each invoice shall include a monthly breakdown of all monthly services performed together with the hours spent on each service. Consultant shall maintain appropriate and necessary documentation supporting the monthly invoices detailing the type of service provided. It shall be available for review by the City at all reasonable times upon request.
B. Total payment to Consultant pursuant to this Agreement shall not exceed $170,000.
C. If at the request of the City, Consultant is required to incur out of pocket expenses (including but not limited to, out-of-town travel and lodging) which are above and beyond the ordinary expen ses associated wit h performance of this Agreement, Consultant shall be entitled to reimbursement of such expenses. Consultant shall only be reimbursed for those expenses which: (I) appear on Consultant’s monthly invoices; (II) are accompanied by a copy of the City’s written authorization for Consultant to incur City Council Regular Meeting - Page 99 of 144
2 such expenses; and (III) receipts documenting such expenses.
4. General Terms and Conditions. The General Terms and Conditions set forth in Exhibit B are incorporated as part of this Agreement. In the event of any inconsistency between the General Terms and Conditions and any other exhibit to this Agreement, the General Terms and Conditions shall control unless it is clear from the context that both parties intend the provisions of the other exhibit(s) to control.
5. Addresses.
City of Lynwood
City of Lynwood
11330 Bullis Road
Lynwood, CA 90262
Attn: Ernie Hernandez, City Manager
Company
Tierra West Advisors
Attn: John Yonai
6. Exhibits. All exhibits referred to in this Agreement are listed here and are incorporated and made part of this Agreement by this reference.
Exhibit A – Scope of Services and Compensation Schedule Exhibit B – General Terms and Conditions
SIGNATURES ON FOLLOWING PAGE
City Council Regular Meeting - Page 100 of 144
3 IN WITNESS WHEREOF, the parties have executed this Agreement as of the dates written below.
CITY
CITY OF LYNWOOD
By: ______________________________ ______________________ Ernie Hernandez, City Manager Date
CONSULTANT
TIERRA WEST ADVISORS
By: _______________________________ ________________________ John Yonai Date
ATTEST:
By: ______________________________ ________________________ Maria Quinonez, City Clerk Date
APPROVED AS TO FORM:
By: ______________________________ ________________________ Noel Tapia, City Attorney Date
City Council Regular Meeting - Page 101 of 144
1 EXHIBIT A
SCOPE OF WORK
City Council Regular Meeting - Page 102 of 144
1 EXHIBIT B
GENERAL TERMS AND CONDITIONS
1. Status as Independent Contractor.
A. Consultant is, and shall at all times remain as to City, a wholly independent contractor. Consultant shall have no power to incur any debt, obligation, or liability on behalf of the City of Lynwood or otherwise act on behalf of Lynwood as an agent. Neither the City of Lynwood nor any of its agents shall have control over the conduct of Consultant or any of Consultant’s employees, except as set forth in this Agreement. Consultant shall not, at any time, or in any manner, represent that it or any of its agents or employees are in any manner agents or employees of the City of Lynwood.
B. Consultant agrees to pay all required taxes on amounts paid to Consultant under this Agreement, and to indemnify and hold City harmless from any and all taxes, assessments, penalties, and interests asserted against City by reason of the independent Consultant relationship created by this Agreement. In the event that City is audited by any Federal or State agency regarding the independent status of Consultant and the audit in any way fails to sustain the validity of a wholly independent Consultant relationship between City and Consultant, then Consultant agrees to reimburse City for all costs, including accounting and attorney's fees, arising out of such audit and any appeals relating thereto.
C. Consultant shall fully comply with the workers' compensation law regarding Consultant and Consultant’s employees. Consultant further agrees to indemnify and hold City harmless from any failure of Consultant to comply with applicable worker's compensation laws. City shall have the right to offset against the amount of any fees due to Consultant under this Agreement any amount due to City from Consultant as a result of Consultant’s failure to promptly pay to City any reimbursement or indemnification arising under this Section 1.
D. Consultant represents to the City, and City relies on Consultant’s representations, that Consultant shall serve solely in the capacity of an independent contractor to the City. Neither the City nor any of its agents will have control over the conduct of Consultant or any of Consultant’s employees, except as otherwise set forth in the Agreement. Consultant may not, at any time or in any manner, represent that it or any of its agents or employees are in any manner agents or employees of the City. The City has no duty, obligation, or responsibility to the Consultant’s agents or employees, including the Affordable Care Act coverage requirements. Consultant is solely responsible for any tax penalties associated with the failure to offer affordable coverage to its agents and employees under the Affordable Care Act with respect to Consultant’s agents and employees. Consultant warrants and represents that the City will not be responsible and will not be held liable for issues related to Consultant’s status as an independent contractor, including Consultant’s failure to comply with Consultant’s duties, obligations, and responsibilities under the Affordable Care Act.
Consultant further agrees to defend, indemnify, and hold the City harmless for any and City Council Regular Meeting - Page 103 of 144
2 all taxes, claims, and penalties against the City related to Consultant’s obligations under the Affordable Care Act.
2. Standard of Performance
Consultant shall perform all work to the highest professional standards and in a manner reasonably satisfactory to the City Manager or his/her designee. No additional or different tasks or services shall be performed by Consultant other than those specified in Exhibit A.
3. Indemnification.
A. Consultant is skilled in the professional calling necessary to perform the services and duties agreed to be per formed under this Agreement, and City is relying upon the skill and knowledge of Consultant to perform said services and duties.
B. City and its respective elected and appointed boards, officials, officers, agents, employees and volunteers (individually and collectively, "Indemnities") shall have no liability to Consultant or any other person for, and Consultant shall indemnify, defend, protect and hold harmless Indemnities from and against, any and all liabilities, claims, actions, causes of action, proceedings, suits, damages, judgments, liens, levies, costs and expenses of whatever nature, including reasonable attorneys' fees and disbursements (collectively "Claims"), which Indemnities may suffer or incur or to which Indemnities may become subject by reason of or arising out of any injury to or death of any person(s), damage to property, loss of use of property, economic loss or other loss occurring as a result of or allegedly caused by Consultant’s performance of or failure to perform any services under this Agreement or by the negligent or willful acts or omissions of Consultant, its agents, officers, directors, subcontractor, sub consultant or employees, committed in performing any of the services under this Agreement. Notwithstanding the foregoing, the provisions of this subsection shall not apply to Claims occurring as a result of the City’s sole negligence or willful acts or omissions.
C. Consultant agrees to obtain executed indemnity agreements with provisions identical to those set forth in this Section from each and every subcontractor, sub consultant or any other person or entity involved by, for, with or on behalf of Consultant in the performance of this Agree ment. In the event Consultant fails to obtain such indemnity obligations from others as required in this Section, Consultant agrees to be fully responsible according to the terms of this Section. Failure of the City to monitor compliance with these requirements imposes no additional obligations on City and will in no way serve as a waiver of any rights hereunder. This obligation to indemnify and defend Indemnities as set forth herein shall survive the termination of this Agreement and is in addition to a ny rights which City may have under the law. This indemnity is effective without reference to the existence or applicability of any insurance coverage which may have been required under this Agreement or any additional insured endorsements which may extend to City.
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3 4. Insurance.
A. Without limiting Consultant’s indemnification of Indemnities pursuant to Section 3 of this Agreement, Consultant shall obtain and provide and maintain at its own expense during the term of this Agreement the types and amounts of insurance as described below:
(I) Consultant shall maintain Commercial General Liability Insurance with coverage at least as broad as Insurance Services Office Commercial General Liability Form CG 00 01 in an amount not less than $2,000,000 per occurrence, $4,000,000 general aggregate, for bodily injury, personal injury, and property damage. Defense costs must be paid in addition to limits. There shall be no cross liability exclusion for claims or suits by one insured against another. The policy must include contractual liability that has not been amended. Any endorsement restricting standard ISO “insured contract” language will not be accepted.
(II) Consultant shall maintain Business Auto Coverage on ISO Business Auto Coverage Form CA 00 01 covering bodily injury and property damage for all activities of the Consultant arising out of or in connection with Work to be performed under this Agreement, including coverage for any owned, hired, non- owned or rented vehicles, in an amount not less than $1,000,000 combined single limit for each accident.
(III) Consultant shall maintain Workers’ Compensation I nsurance (Statutory Limits) and Employer’s Liability Insurance with on a state approved policy form providing statutory benefits as required by law with employer’s liability limits no less than $1,000,000 per accident for all covered losses;
(IV) Consultant shall maintain Professional Liability or Errors and Omissions Insurance that covers the services to be performed in connection with this Agreement, in the minimum amount of $1,000,000 per claim and in the aggregate.
Any policy inception date, continuity date, or retroactive date must be before the effective date of this Agreement and Consultant agrees to maintain continuous coverage through a period no less than three (3) years after completion of the services required by this Agreement.
B. City, its officers, officials, employees and volunteers shall be named as additional insureds on the policy(ies) as to commercial general liability and automotive liability.
C. All insurance policies shall be issued by an insurance company currently authorized by the Insurance Commissioner to transact business of insurance or is on the List of Approved Surplus Line Insurers in the State of California, with an ass igned policyholders’ Rating of A- (or higher) and Financial Size Category Class VI (or larger) in accordance with the latest edition of Best’s Key Rating Guide, unless otherwise approved by the City’s Risk Manager.
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4 D. All insurance policies shall provide that the insurance coverage shall not be non-renewed, canceled, reduced, or otherwise modified (except through the addition of additional insureds to the policy) by the insurance carrier without the insurance carrier giving City thirty (30) days' prior written notice thereof. Any such thirty (30) day notice shall be submitted to CITY via certified mail, return receipt requested, addressed to “Director of Human Resources & Risk Management ,” City of Lynwood, 11330 Bullis Road, Lynwood, California, 90262. Consultant agrees that it will not cancel, reduce or otherwise modify said insurance coverage.
E. Consultant shall submit to City (I) insurance certificates indicating compliance with the minimum worker's compensation insurance requirements above, and ( II) insurance policy endorsements indicating compliance with all other minimum insurance requirements above, not less than one (1) day prior to beginning of performance under this Agreement. Endorsements shall be executed on City’s appropriate standard forms entitled "Additional Insured Endorsement".
F. Consultant’s insurance shall be primary as respects the City, its officers, officials, employees and volunteers. Any insurance or self-insurance maintained by the City, its officers, officials, employees and volunteers shall be excess of Consultant’s insurance and shall not contribute with it.
G. Consultant agrees that if it does not keep the aforesaid insurance in full force and effect, and such insurance is available at a reasonable cost. City may take out the necessary insurance and pay the premium thereon, and the repayment thereof shall be deemed an obligation of Consultant’s and the cost of such insurance may be deducted, at the option of City, from payments due Consultant.
5. Release of Information/Confidentiality.
A. Consultant in the course of its duties may have access to confidential data of City, private individuals, or employees of the City. Consultant covenants that all data, documents, discussion, or other information deve loped or received by Consultant or provided for performance of this Agreement are deemed confidential and shall not be disclosed by Consultant without written authorization by City. City shall grant such authorization if disclosure is required by law. All City data shall be returned to City upon the termination of this Agreement. Consultant, its officers, employees, agents, or subconsultants, shall not without written authorization from the City Manager, voluntarily provide declarations, letters of suppo rt, testimony at depositions, response to interrogatories, or other information concerning the work performed under this Agreement or relating to any project or property located within the City. Response to a subpoena or court order shall not be considered "voluntary" provided Consultant gives City notice of such court order or subpoena. Consultant’s covenant under this section shall survive the termination of this Agreement.
B. Consultant shall promptly notify City should Consultant, its officers, City Council Regular Meeting - Page 106 of 144
5 employees, agents, or subconsultants be served with any summons, complaint, subpoena, notice of deposition, request for documents, inte rrogatories, request for admissions, or other discovery request, court order, or subpoena from any person or party regarding this Agreement and the work performed thereunder. City retains the right, but has no obli gation, to represent Consultant and/or be present at any deposition, hearing, or similar proceeding. Consultant agrees to cooperate fully with City and to provide the opportunity to review any response to discovery requests provided by Consultant. However, City's right to review any such response does not imply or mean the right by City to control, direct, or rewrite said response
6. Ownership of Work Product.
A. Consultant shall maintain complete and accurate records with respect to sales, costs, expenses, receipts, and other such information required by the City that relate to the performance of services under this Agreement. Consultant shall maintain adequate records of services provided in sufficient detail to permit an evaluation of services. All such records shall be maintained in accordance with generally ac cepted accounting principles and shall be clearly identified and readily accessible. Consultant shall provide free access to the representatives of the City or its designees at reasonable times to such books and records; shall give the City the right to examine and audit said books and records; shall permit the City to make transcripts therefrom as necessary; and shall allow inspection of all work, data, documents, proceedings, and activities related to this Agreement. Such records, together with supporting documents, shall be maintained for a period of three (3) years after receipt of final payment.
B. Upon completion of, or in the event of termination or suspension of this Agreement, all original documents, designs, drawings, maps, models, computer files, surveys, notes, and other documents prepared in the course of providing the services to be performed pursuant to this Agreement shall become the sole property of the City and may be used, reused, or otherwise disposed of by the City without the permission of the Consultant. With respect to computer files, Consultant shall make available to the City, at the Consultant's office and upon reasonable written request by the City, the necessary computer software and hardware for purposes of accessing, compiling, transferring, and printing computer files.
7. Conflict of Interest.
A. Consultant covenants that it presently has no interest and shall not acquire any interest, direct or indirect, which may be affected by the services to be performed by Consultant under this Agreement, or which would conflict in any manner with the performance of its services hereunder. Consultant further covenants that, in performance of this Agreement, no person having any such interest shall be employed by it.
Furthermore, Consultant shall avoid the appearance of having any interest which would conflict in any manner with the performance of its services pursuant to this Agreement.
B. Consultant covenants not to give or receive any compensation, monetary or City Council Regular Meeting - Page 107 of 144
6 otherwise, to or from the ultimate vendor(s) of services to City as a result of the performance of this Agreement, or the services that may be procured by the City as a result of the recommendations made by Consultant’s covenants under this section shall survive the termination of this Agreement.
8. Termination. Notwithstanding any other provision, this Agreement may be duly terminated at any time by the City at its sole discretion with or without cause by serving upon the consultant at least ten (10) days prior written notice (“Notice of Termination”).
Upon receipt of said notice, the Consultant shall immediately cease all work under this Agreement, unless the notice provides otherwise. Unless expressly agreed upon in writing by the City, the City shall not be obligated to pay for any services rendered nor any costs or expenses paid or incurred after the date of termination. The effective date of termination shall be upon the date specified in the written Notice of Termination.
Consultant agrees that in the event of such termination, Consultant must refund the City its prorated share, except for services satisfactorily rendered prior to the effective date of termination. Immediately upon receiving written Notice of Termination, Consultant shall discontinue performing services, preserve the product of the services and upon payment for services, turn over to City the product of the services in accordance with written instructions of City.
In the event this Agreement is terminated pursuant to this Section, the City shall pay to Consultant the actual value of the work performed up to the time of termination, provided that the work performed is of value to the City. Upon termination of the Agreement pursuant to this Section, the Consultant will submit an invoice to the City.
9. Personnel. Consultant represents that it has, or will secure at its own expense, all personnel required to perform the services under this Agreement. All of the services required under this Agreement will be performed by Consultant or under its supervision, and all personnel engaged in the work shall be qualified to perform such services.
Consultant reserves the right to determine the assignment of its own employees to the performance of Consultant’s services under this Agreement, but City reserves the right, for good cause, to require Consultant to exclude any employee from performing services on City's premises.
10. Non-Discrimination and Equal Employment Opportunity.
A. Consultant shall not discriminate as to race, color, creed, religion, sex, marital status, national origin, ancestry, age, physical or mental handicap, medical condition, or sexual orientation, in the performance of its services and duties pursuant to this Agreement, and will comply with all rules and regulations of City relating thereto. Such nondiscrimination shall include but not be limited to the following: employment, upgrading, demotion, transfers, recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship.
B. Consultant will, in all solicitations or advertisements for employees placed by City Council Regular Meeting - Page 108 of 144
7 or on behalf of Consultant state either that it is an equal opportunity employer or that all qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, marital status, national origin, ancestry, age, physical or mental handicap, medical condition, or sexual orientation.
C. Consultant will cause the foregoing provisions to be inserted in all subcontracts for any work covered by this Agreement except contracts or subcontracts for standard commercial supplies or raw materials.
11. Assignment. Consultant shall not assign or transfer any interest in this Agreement nor the performance of any of Consultant obligations hereunder, without the prior written consent of City, and any attempt by Consultant to assign this Agreement or any rights, duties, or obligations arising hereunder shall be void and of no effect.
12. Performance Evaluation. For any Agreement in effect for twelve months or longer, the City Manager may require a written annual administrative performance evaluation within ninety (90) days of the first anniversary of the effective date of this Agreement, and each year thereafter throughout the term of this Agreement. The work product required by this Agreement shall be utilized as the basis for review, and any comments or complaints received by C ity during the review period, either orally or in writing, shall be considered. City shall meet with Consultant prior to preparing the written report. If any noncompliance with the Agreement is found, City may direct Consultant to correct the inadequacies, or, in the alternative, may terminate this Agreement as provided herein.
13. Compliance with Laws. Consultant shall keep itself informed of State, Federal and Local laws, ordinances, codes and regulations which in any manner affect those employed by i t or in any way affect the performance of its service pursuant to this Agreement. Consultant shall at all times comply with such laws, ordinances, codes and regulations. The City, its officers and employees shall not be liable at law or in equity occasioned by failure of Consultant to comply with this Section.
14. Licenses. At all times during the term of this Agreement, Consultant shall have in full force and effect all licenses (including a City business license) required of it by law for performance of the services hereunder.
15. Non-Waiver of Terms, Rights and Remedies. Waiver by either party of any one or more of the conditions of performance under this Agreement shall not be a waiver of any other condition of performance under this Agreement. In no event shall the making by City of any payment to Consultant constitute or be construed as a waiver by City of any breach of covenant, or any default which may then exist on the part of Consultant, and the making of any such payment by City shall in no way impair or prejudice any right or remedy available to City with regard to such breach or default.
16. Attorney's Fees. In the event that either party to this Agreement shall commence any legal or equitable action or proceeding to enforce or interpret the provisions of this City Council Regular Meeting - Page 109 of 144
8 Agreement, the prevailing party in such action or proceeding shall be entitled to recover its costs of suit, including reasonable attorney's fees and costs, including costs of expert witnesses and Consultant.
17. Notices. Any notices, bills, invoices, or reports required by this Agreement shall be deemed received on (a) the day of delivery if delivered by hand during Consultant regular business hours or by facsimile before or during Consultant regular business hours; or (b) on the third business day following deposit in the United States mail, postage prepaid, to the addresses heretofore set forth in the Agreeme nt, or to such other addresses as the parties may, from time to time, designate in writing pursuant to the provisions of this section.
18. Governing Law. This Agreement shall be construed and interpreted both as to validity and to performance of the Part ies in accordance with the laws of the State of California. Legal actions concerning any dispute, claim or matter arising out of or in relation to this Agreement shall be instituted in the Superior Court of the County of Los Angeles, State of California. However, the Parties may agree to submit any dispute to non-binding arbitration.
19. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be the original, and all of which together shall constitute one and the same instrument.
20. Severability. If any provision or any part of any provision of this Agreement is found to be invalid or unenforceable, the balance of this Agreement shall remain in full force and effect.
21. Entire Agreement. This Agreement, and any other documents incorporated herein by specific reference, represents the entire and integrated agreement between Consultant and City. This Agreement supersedes all prior oral or written negotiations, representations or agreements. This Agreement may not be amended, nor any provision or breach hereof waived, except in a writing signed by the Parties which expressly refers to this Agreement. Amendments on behalf of the City will only be valid if signed by the Mayor and attested by the City Clerk.
22. Authority. The person or persons executing this Agreement on behalf of Consultant warrants and represents that he/she has the authority to execute this Agreement on behalf of Consultant and has the authority to bind Consultant to the performance of its obligations hereunder.
23. Force Majeure. A Party’s performance of any obligation under this Agreement shall be suspended if, and to the extent that, the Party is unable to perform because of any event of Force Majeure. In any such event, the Party unable to perform shall be required to resume performance of its obligations under this Agreement upon the termination of the event or cause that excused performance hereunder. “Force Majeure” herein means an event which is beyond the reasonable control of a Party, City Council Regular Meeting - Page 110 of 144
9 including without limitation, (a) acts of God including flood, fire, earthquake, hurricane or explosion, pandemic; (b) war, invasion, hostilities (whether war is declared or not), terrorist threats or acts, riot or other civi l unrest; (c) government order or law that prevents either Party from performing its obligations as set forth in this Agreement; (d) actions, embargoes or blockades in effect on or after the date of this Agreement; (e) action by any governmental authority that prevents either Party from performing its obligations as set forth in this Agreement; (f) national or regional emergency; (g) strikes, labor stoppages or slowdowns or other industrial disturbances, other than those involving the affected parties emplo yees; (h) shortage of adequate power or transportation facilities.
Neither Party shall be liable for any delay or default in, or failure of, performance resulting from or arising out of any Force Majeure event, and no such delay, default in, or failure of performance shall constitute a breach by either Party hereunder. Where a Force Majeure event gives rise to a failure or delay in either Party performing its obligations under this Agreement (other than obligations to make payment), those obligations will be suspended for the duration of the Force Majeure event. A Party who becomes aware of a Force Majeure event which gives rise to, or which is likely to give rise to, any failure or delay in performing its obligations under this Agreement, will forthwith notify the other and inform the other of the period for which it is estimated that such failure or delay will continue. The affected Party shall take reasonable steps to mitigate the effects of the Force Majeure event.
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RESOLUTION NO. _____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING
AN AGREEMENT WITH TIERRA WEST ADIVORS TO PROVIDE INTERIM SERVICES
FOR THE VACANT DIRECTOR OF COMMUNITY DEVELOPMENT POSITION
WHEREAS, The Director of Community Development position is currently vacant; and
WHEREAS, Tierra West Advisors has been providing interim services to the City to assist with the duties of that essential role for the past few months; and
WHEREAS, the Director of Community Development position is vital to the City’s overall operation; and
WHEREAS, the City desires to enter into an agreement with Tierra West Advisors to provide services until the position is permanently filled , which may be terminated pursuant to the professional services agreement; and
WHEREAS, Tierra West Advisors represents that it is fully qualified to perform such services by virtue of its experience and the training, education and expertise of its principals and employees.
NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF LYNWOOD, CALIFORNIA DOES HEREBY FIND, DETERMINE, ORDER AND RESOLVE AS FOLLOWS:
Section 1. That the Lynwood City Council authorizes the City Manager to execute an agreement with Tierra West Advisors to provide interim services for the vacant Director of Community Development position approved as to form by the City Attorney.
Section 2. That this resolution shall take effect immediately upon its adoption.
Section 3. The City Clerk shall certify as to the adoption of this City Council Resolution.
PASSED, APPROVED, AND ADOPTED THIS 4th day of JANUARY 2022.
_____________________________________
Jorge Casanova
Mayor
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ATTEST:
Maria Quinonez,
City Clerk
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
____________________________ ____________________________ Noel A. Tapia, Ernie Hernandez,
City Attorney City Manager
City Council Regular Meeting - Page 113 of 144
Agenda Item # 15.
AGENDA STAFF REPORT
DATE:
January 4, 2022
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Ernie Hernandez, City Manager
PREPARED BY:
Shanell Shipe, Assistant to the City Manager
SUBJECT:
APPROVAL OF AN AGREEMENT WITH WILLDAN TO PROVIDE INTERIM
SERVICES FOR THE VACANT DIRECTOR OF FINANCE POSITION
Recommendation:
Staff recommends that the City Council adopt the attached resolution entitled, "A RESOLUTION OF THE CITY
COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA
AUTHORIZING THE CITY MANAGER TO EXECUTE, IN A FORM SATISFACTORY TO THE CITY
ATTORNEY, AN AGREEMENT WITH WILLDAN TO PROVIDE INTERIM SERVICES FOR THE DIRECTOR OF FINANCE POSITION."
Background:
The Finance and Administration Department assures the integrity of the City’s resources by managing the fiscal, financial and information technology responsibilities of the City. The Department is responsible for the City’s financial operations, internal controls and financial policies. The services provided by the department include Revenue Management, General Accounting, Budget Administration, Financial Reporting, Debt Management, and Information Services.
Discussion and Analysis:
Over the last few months, the City has been working with Willdan to provide interim services to fill the vacant Director position in the Finance department. That lead role is essential to the City's overall operation and staff would like to ensure the City has a skilled and knowledgeable individual to lead the department until the Director position is permanently filled. Staff is recommending that the City Council approve the professional services agreement with Willdan to continue providing services to the City.
In the meantime, staff will work with our Human Resources Department to find a suitable candidate to permanently fill the vacant position.
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Fiscal Impact:
There is no fiscal impact. Invoices will be paid using the salary savings from the vacant Director position in the department.
Coordinated With:
City Attorney's Office
ATTACHMENTS:
Description
Agreement- Willdan
Reso- Willdan
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1 PROFESSIONAL SERVICES AGREEMENT
This agreement (“Agreement”) is made as of January 4, 2022 by and between the City of Lynwood, a municipal corporation ("City") and Willdan (“Consultant”). City and Consultant are sometimes hereinafter individually referred to as a “Party” and collectively referred to as the “Parties.”
R E C I T A L S
WHEREAS, City desires to utilize the services of Consultant as an independent contractor to provide interim services for the vacant Director of Finance position as set forth in the Scope of Services attached hereto as Exhibit A; and
WHEREAS, Consultant represents that it is fully qualified to perform such consulting services by virtue of its experience and the training, education and expertise of its principals and employees.
NOW, THEREFORE, in consideration of performance by the parties of the covenants and conditions herein contained, the parties hereto agree as follows:
1. Company's Scope of Services. The nature and scope of the specific services to be performed by Consultant are as described in Exhibit A.
2. Term of Agreement. This Agreement shall commence on January 4, 2022 (the “Commencement Date”) and shall remain and continue in effect until tasks described in Exhibit A are completed, but in no event later than December 31 2022, unless sooner terminated pursuant to the provisions of this Agreement.
3. Compensation.
A. City agrees to compensate Consultant for services under this Agreement in compliance with the schedule set forth i n Exhibit A. Consultant shall submit proper monthly invoices in the form and manner specified by City. Each invoice shall include a monthly breakdown of all monthly services performed together with the hours spent on each service. Consultant shall maintain appropriate and necessary documentation supporting the monthly invoices detailing the type of service provided. It shall be available for review by the City at all reasonable times upon request.
B. Total payment to Consultant pursuant to this Agreement shall not exceed $170,000.
C. If at the request of the City, Consultant is required to incur out of pocket expenses (including but not limited to, out-of-town travel and lodging) which are above and beyond the ordinary expenses associ ated with performance of this Agreement, Consultant shall be entitled to reimbursement of such expenses. Consultant shall only be reimbursed for those expenses which: (I) appear on Consultant’s monthly invoices; (II) are accompanied by a copy of the City’s written authorization for Consultant to incur City Council Regular Meeting - Page 116 of 144
2 such expenses; and (III) receipts documenting such expenses.
4. General Terms and Conditions. The General Terms and Conditions set forth in Exhibit B are incorporated as part of this Agreement. In the event of any inconsistency between the General Terms and Conditions and any other exhibit to this Agreement, the General Terms and Conditions shall control unless it is clear from the context that both parties intend the provisions of the other exhibit(s) to control.
5. Addresses.
City of Lynwood
City of Lynwood
11330 Bullis Road
Lynwood, CA 90262
Attn: Ernie Hernandez, City Manager
Company
Willdan
Attn: Michael Blazenski
6. Exhibits. All exhibits referred to in this Agreement are listed here and are incorporated and made part of this Agreement by this reference.
Exhibit A – Scope of Services and Compensation Schedule Exhibit B – General Terms and Conditions
SIGNATURES ON FOLLOWING PAGE
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3 IN WITNESS WHEREOF, the parties have executed this Agreement as of the dates written below.
CITY
CITY OF LYNWOOD
By: ______________________________ ______________________ Ernie Hernandez, City Manager Date
CONSULTANT
WILLDAN
By: _______________________________ ________________________ Michael Blazenski Date
ATTEST:
By: ______________________________ ________________________ Maria Quinonez, City Clerk Date
APPROVED AS TO FORM:
By: ______________________________ ________________________ Noel Tapia, City Attorney Date
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1 EXHIBIT A
SCOPE OF WORK
City Council Regular Meeting - Page 119 of 144
1 EXHIBIT B
GENERAL TERMS AND CONDITIONS
1. Status as Independent Contractor.
A. Consultant is, and shall at all times remain as to City, a wholly independent contractor. Consultant shall have no power to incur any debt, obligation, or liability on behalf of the City of Lynwood or otherwise act on behalf of Lynwood as an agent. Neither the City of Lynwood nor any of its agents shall have control over the conduct of Consultant or any of Consultant’s employees, except as set forth in this Agreement. Consultant shall not, at any time, or in any manner, represent that it or any of its agents or employees are in any manner agents or employees of the City of Lynwood.
B. Consultant agrees to pay all required taxes on amounts paid to Consultant under this Agreement, and to indemnify and hold City harmless from any and all taxes, assessments, penalties, and interests asserted against City by reason of the independent Consultant relationship created by this Agreement. In the event that City is audited by any Federal or State agency regarding the independent status of Consultant and the audit in any way fails to sustain the validity of a wholly independent Consultant relationship between City and Consultant, then Consultant agrees to reimburse City for all costs, including accounting and attorney's fees, arising out of such audit and any appeals relating thereto.
C. Consultant shall fully comply with the workers' compensation law regarding Consultant and Consultant’s employees. Consultant further agrees to indemnify and hold City harmless from any failure of Consultant to comply with applicable worker's compensation laws. City shall have the right to offset against the amount of any fees due to Consultant under this Agreement any amount due to City from Consultant as a result of Consultant’s failure to promptly pay to City any reimbursement or indemnification arising under this Section 1.
D. Consultant represents to the City, and City relies on Consultant’s representations, that Consultant shall serve solely in the capacity of an independent contractor to the City. Neither the City nor any of its agents will have control over the conduct of Consultant or any of Consultant’s employees, except as otherwise set forth in the Agreement. Consultant may not, at any time or in any manner, represent that it or any of its agents or employees are in any manner agents or employees of the City. The City has no duty, obligation, or responsibility to the Consultant’s agents or employees, including the Afford able Care Act coverage requirements. Consultant is solely responsible for any tax penalties associated with the failure to offer affordable coverage to its agents and employees under the Affordable Care Act with respect to Consultant’s agents and employees. Consultant warrants and represents that the City will not be responsible and will not be held liable for issues related to Consultant’s status as an independent contractor, including Consultant’s failure to comply with Consultant’s duties, obligations, a nd responsibilities under the Affordable Care Act.
Consultant further agrees to defend, indemnify, and hold the City harmless for any and City Council Regular Meeting - Page 120 of 144
2 all taxes, claims, and penalties against the City related to Consultant’s obligations under the Affordable Care Act.
2. Standard of Performance
Consultant shall perform all work to the highest professional standards and in a manner reasonably satisfactory to the City Manager or his/her designee. No additional or different tasks or services shall be performed by Consultant other than those specified in Exhibit A.
3. Indemnification.
A. Consultant is skilled in the professional calling necessary to perform the services and duties agreed to be performed under this Agreement, and City is relying upon the skill and knowledge of Consultant to perform said services and duties.
B. City and its respective elected and appointed boards, officials, officers, agents, employees and volunteers (individually and collectively, "Indemnities") shall have no liability to Consultant or any other person for, and Consultant shall indemnify, defend, protect and hold harmless Indemnities from and against, any and all liabilities, claims, actions, causes of action, proceedings, suits, damages, judgments, liens, levies, costs and expenses of whatever nature, including reasonable attorneys' fees and disbursements (collectively "Claims"), which Indemnities may suffer or incur or to which Indemnities may become subject by reason of or arising out of any injury to or death of any person(s), damage to property, loss of use of property, economic loss or other loss occurring as a result of or allegedly caused by Consultant’s performance of or failure to p erform any services under this Agreement or by the negligent or willful acts or omissions of Consultant, its agents, officers, directors, subcontractor, sub consultant or employees, committed in performing any of the services under this Agreement. Notwithstanding the foregoing, the provisions of this subsection shall not apply to Claims occurring as a result of the City’s sole negligence or willful acts or omissions.
C. Consultant agrees to obtain executed indemnity agreements with provisions identical to those set forth in this Section from each and every subcontractor, sub consultant or any other person or entity involved by, for, with or on behalf of Consultant in the performance of this Agreement. In the event Consultant fails to obtain such indemnity obligations from others as required in this Section, Consultant agrees to be fully responsible according to the terms of this Section. Failure of the City to monitor compliance with these requirements imposes no additional obligations on City and will in no way serve as a waiver of any rights hereunder. This obligation to indemnify and defend Indemnities as set forth herein shall survive the termination of this Agreement and is in addition to any rights which City may have under the law. This indemnity is effective without reference to the existence or applicability of any insurance coverage which may have been required under this Agreement or any additional insured endorsements which may extend to City.
City Council Regular Meeting - Page 121 of 144
3 4. Insurance.
A. Without limiting Consultant’s indemnification of Indemnities pursuant to Section 3 of this Agreement, Consultant shall obtain and provide and maintain at its own expense during the term of this Agreement the types and amounts of insurance as described below:
(I) Consultant shall main tain Commercial General Liability Insurance with coverage at least as broad as Insurance Services Office Commercial General Liability Form CG 00 01 in an amount not less than $2,000,000 per occurrence, $4,000,000 general aggregate, for bodily injury, perso nal injury, and property damage. Defense costs must be paid in addition to limits. There shall be no cross liability exclusion for claims or suits by one insured against another. The policy must include contractual liability that has not been amended. Any endorsement restricting standard ISO “insured contract” language will not be accepted.
(II) Consultant shall maintain Business Auto Coverage on ISO Business Auto Coverage Form CA 00 01 covering bodily injury and property damage for all activities of the Consultant arising out of or in connection with Work to be performed under this Agreement, including coverage for any owned, hired, non- owned or rented vehicles, in an amount not less than $1,000,000 combined single limit for each accident.
(III) Consultant shall maintain Workers’ Compensation I nsurance (Statutory Limits) and Employer’s Liability Insurance with on a state approved policy form providing statutory benefits as required by law with employer’s liability limits no less than $1,000,000 per accident for all covered losses;
(IV) Consultant shall maintain Professional Liability or Errors and Omissions Insurance that covers the services to be performed in connection with this Agreement, in the minimum amount of $1,000,000 per claim and in the aggregate.
Any policy inception date, continuity date, or retroactive date must be before the effective date of this Agreement and Consultant agrees to maintain continuous coverage through a period no less than three (3) years after completion of the services required by this Agreement.
B. City, its officers, officials, employees and volunteers shall be named as additional insureds on the policy(ies) as to commercial general liability and automotive liability.
C. All insurance policies shall be issued by an insurance company currently authorized by the Insurance Commissioner to transact business of insurance or is on the List of Approved Surplus Line Insurers in the State of California, with an assigned policyholders’ Rating of A- (or higher) and Financial Size Category Class VI (or larger) in accordance with the latest edition of Best’s Key Rating Guide, unless otherwise approved by the City’s Risk Manager.
City Council Regular Meeting - Page 122 of 144
4 D. All insurance policies shall provide that the insurance coverage shall not be non-renewed, canceled, reduced, or otherwise modified (except through the addition of additional insureds to the policy) by the insurance carrier without the insurance carrier giving City thirty (30) days' prior written notice thereof. Any such thirty (30) day notice shall be submitted to CITY via certified mail, return receipt requested, addressed to “Director of Human Resources & Risk Management ,” City of Lynwood, 11330 Bullis Road, Lynwood, California, 90262. Consultant agrees that it will not cancel, reduce or otherwise modify said insurance coverage.
E. Consultant shall submit to City (I) insurance certificates indicating compliance with the minimum worker's compensation insurance requirements above, and ( II) insurance policy endorsements indicating compliance with all other minimum insurance requirements above, not less than one (1) day prior to beginning of performance under this Agreement. Endorsements shall be executed on City’s appropriate standard forms entitled "Additional Insured Endorsement".
F. Consultant’s insurance shall be primary as respects the City, its officers, officials, employees and volunteers. Any insurance or self-insurance maintained by the City, its officers, officials, employees and volunt eers shall be excess of Consultant’s insurance and shall not contribute with it.
G. Consultant agrees that if it does not keep the aforesaid insurance in full force and effect, and such insurance is available at a reasonable cost. City may take out the necessary insurance and pay the premium thereon, and the repayment thereof shall be deemed an obligation of Consultant’s and the cost of such insurance may be deducted, at the option of City, from payments due Consultant.
5. Release of Information/Confidentiality.
A. Consultant in the course of its duties may have access to confidential data of City, private individuals, or employees of the City. Consultant covenants that all data, documents, discussion, or other information deve loped or received by Consultant or provided for performance of this Agreement are deemed confidential and shall not be disclosed by Consultant without written authorization by City. City shall grant such authorization if disclosure is required by law. All City data shall be returned to City upon the termination of this Agreement. Consultant, its officers, employees, agents, or subconsultants, shall not without written authorization from the City Manager, voluntarily provide declarations, letters of suppo rt, testimony at depositions, response to interrogatories, or other information concerning the work performed under this Agreement or relating to any project or property located within the City. Response to a subpoena or court order shall not be considered "voluntary" provided Consultant gives City notice of such court order or subpoena. Consultant’s covenant under this section shall survive the termination of this Agreement.
B. Consultant shall promptly notify City should Consultant, its officers, City Council Regular Meeting - Page 123 of 144
5 employees, agents, or subconsultants be served with any summons, complaint, subpoena, notice of deposition, request for documents, inte rrogatories, request for admissions, or other discovery request, court order, or subpoena from any person or party regarding this Agreement and the work performed thereunder. City retains the right, but has no obli gation, to represent Consultant and/or be present at any deposition, hearing, or similar proceeding. Consultant agrees to cooperate fully with City and to provide the opportunity to review any response to discovery requests provided by Consultant. However, City's right to review any such response does not imply or mean the right by City to control, direct, or rewrite said response
6. Ownership of Work Product.
A. Consultant shall maintain complete and accurate records with respect to sales, costs, expenses, receipts, and other such information required by the City that relate to the performance of services under this Agreement. Consultant shall maintain adequate records of services provided in sufficient detail to permit an evaluation of services. All such records shall be maintained in accordance with generally ac cepted accounting principles and shall be clearly identified and readily accessible. Consultant shall provide free access to the representatives of the City or its designees at reasonable times to such books and records; shall give the City the right to examine and audit said books and records; shall permit the City to make transcripts therefrom as necessary; and shall allow inspection of all work, data, documents, proceedings, and activities related to this Agreement. Such records, together with supporting documents, shall be maintained for a period of three (3) years after receipt of final payment.
B. Upon completion of, or in the event of termination or suspension of this Agreement, all original documents, designs, drawings, maps, models, computer files, surveys, notes, and other documents prepared in the course of providing the services to be performed pursuant to this Agreement shall become the sole property of the City and may be used, reused, or otherwise disposed of by the City without the permission of the Consultant. With respect to computer files, Consultant shall make available to the City, at the Consultant's office and upon reasonable written request by the City, the necessary computer software and hardware for purposes of accessing, compiling, transferring, and printing computer files.
7. Conflict of Interest.
A. Consultant covenants that it presently has no interest and shall not acquire any interest, direct or indirect, which may be affected by the services to be performed by Consultant under this Agreement, or which would conflict in any manner with the performance of its services hereunder. Consultant further covenants that, in performance of this Agreement, no person having any such interest shall be employed by it.
Furthermore, Consultant shall avoid the appearance of having any interest which would conflict in any manner with the performance of its services pursuant to this Agreement.
B. Consultant covenants not to give or receive any compensation, monetary or City Council Regular Meeting - Page 124 of 144
6 otherwise, to or from the ultimate vendor(s) of services to City as a result of the performance of this Agreement, or the services that may be procured by the City as a result of the recommendations made by Consultant’s covenants under this section shall survive the termination of this Agreement.
8. Termination. Notwithstanding any other provision, this Agreement may be duly terminated at any time by the City at its sole discretion with or without cause by serving upon the consultant at least ten (10) days prior written notice (“Notice of Termination”).
Upon receipt of said notice, the Consultant shall immediately cease all work under this Agreement, unless the notice provides otherwise. Unless expressly agreed upon in writing by the City, the City shall not be obligated to pay for any services rendered nor any costs or expenses paid or incurred after the date of termination. The effective date of termination shall be upon the date specified in the written Notice of Termination.
Consultant agrees that in the event of such termination, Consultant must refund the City its prorated share, except for services satisfactorily rendered prior to the effective date of termination. Immediately upon receiving written Notice of Termination, Consultant shall discontinue performing services, preserve the product of the services and upon payment for services, turn over to City the product of the services in accordance with written instructions of City.
In the event this Agreement is terminated pursuant to this Section, the City shall pay to Consultant the actual value of the work performed up to the time of termination, provided that the work performed is of value to the City. Upon termination of the Agreement pursuant to this Section, the Consultant will submit an invoice to the City.
9. Personnel. Consultant represents that it has, or will secure at its own expense, all personnel required to perform the services under this Agreement. All of the services required under this Agreement will be performed by Consultant or under its supervision, and all personnel engaged in the work shall be qualified to perform such services.
Consultant reserves the right to determine the assignment of its own employees to the performance of Consultant’s services under this Agreement, but City reserves the right, for good cause, to require Consultant to exclude any employee from performing services on City's premises.
10. Non-Discrimination and Equal Employment Opportunity.
A. Consultant shall not discriminate as to race, color, creed, religion, sex, marital status, national origin, ancestry, age, physical or mental handicap, medical condition, or sexual orientation, in the performance of its services and duties pursuant to this Agreement, and will comply with all rules and regulations of City relating thereto. Such nondiscrimination shall include but not be limited to the following: employment, upgrading, demotion, transfers, recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship.
B. Consultant will, in all solicitations or advertisements for employees placed by City Council Regular Meeting - Page 125 of 144
7 or on behalf of Consultant state either that it is an equal opportunity employer or that all qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, marital status, national origin, ancestry, age, physical or mental handicap, medical condition, or sexual orientation.
C. Consultant will cause the foregoing provisions to be inserted in all subcontracts for any work covered by this Agreement except contracts or subcontracts for standard commercial supplies or raw materials.
11. Assignment. Consultant shall not assign or transfer any interest in this Agreement nor the performance of any of Consultant obligations hereunder, without the prior written consent of City, and any attempt by Consultant to assign this Agreement or any rights, duties, or obligations arising hereunder shall be void and of no effect.
12. Performance Evaluation. For any Agreement in effect for twelve months or longer, the City Manager may require a written annual administrative performance evaluation within ninety (90) days of the first anniversary of the effective date of this Agreement, and each year thereafter throughout the term of this Agreement. The work product required by this Agreement shall be utilized as the basis for review, and any comments or complaints received by C ity during the review period, either orally or in writing, shall be considered. City shall meet with Consultant prior to preparing the written report. If any noncompliance with the Agreement is found, City may direct Consultant to correct the inadequacies, or, in the alternative, may terminate this Agreement as provided herein.
13. Compliance with Laws. Consultant shall keep itself informed of State, Federal and Local laws, ordinances, codes and regulations which in any manner affect those employed by i t or in any way affect the performance of its service pursuant to this Agreement. Consultant shall at all times comply with such laws, ordinances, codes and regulations. The City, its officers and employees shall not be liable at law or in equity occasioned by failure of Consultant to comply with this Section.
14. Licenses. At all times during the term of this Agreement, Consultant shall have in full force and effect all licenses (including a City business license) required of it by law for performance of the services hereunder.
15. Non-Waiver of Terms, Rights and Remedies. Waiver by either party of any one or more of the conditions of performance under this Agreement shall not be a waiver of any other condition of performance under this Agreement. In no event shall the making by City of any payment to Consultant constitute or be construed as a waiver by City of any breach of covenant, or any default which may then exist on the part of Consultant, and the making of any such payment by City shall in no way impair or prejudice any right or remedy available to City with regard to such breach or default.
16. Attorney's Fees. In the event that either party to this Agreement shall commence any legal or equitable action or proceeding to enforce or interpret the provisions of this City Council Regular Meeting - Page 126 of 144
8 Agreement, the prevailing party in such action or proceeding shall be entitled to recover its costs of suit, including reasonable attorney's fees and costs, including costs of expert witnesses and Consultant.
17. Notices. Any notices, bills, invoices, or reports required by this Agreement shall be deemed received on (a) the day of delivery if delivered by hand during Consultant regular business hours or by facsimile before or during Consultant regular business hours; or (b) on the third business day following deposit in the United States mail, postage prepaid, to the addresses heretofore set forth in the Agreeme nt, or to such other addresses as the parties may, from time to time, designate in writing pursuant to the provisions of this section.
18. Governing Law. This Agreement shall be construed and interpreted both as to validity and to performance of the Part ies in accordance with the laws of the State of California. Legal actions concerning any dispute, claim or matter arising out of or in relation to this Agreement shall be instituted in the Superior Court of the County of Los Angeles, State of California. However, the Parties may agree to submit any dispute to non-binding arbitration.
19. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be the original, and all of which together shall constitute one and the same instrument.
20. Severability. If any provision or any part of any provision of this Agreement is found to be invalid or unenforceable, the balance of this Agreement shall remain in full force and effect.
21. Entire Agreement. This Agreement, and any other documents incorporated herein by specific reference, represents the entire and integrated agreement between Consultant and City. This Agreement supersedes all prior oral or written negotiations, representations or agreements. This Agreement may not be amended, nor any provision or breach hereof waived, except in a writing signed by the Parties which expressly refers to this Agreement. Amendments on behalf of the City will only be valid if signed by the Mayor and attested by the City Clerk.
22. Authority. The person or persons executing this Agreement on behalf of Consultant warrants and represents that he/she has the authority to execute this Agreement on behalf of Consultant and has the authority to bind Consultant to the performance of its obligations hereunder.
23. Force Majeure. A Party’s performance of any obligation under this Agreement shall be suspended if, and to the extent that, the Party is unable to perform because of any event of Force Majeure. In any such event, the Party unable to perform shall be required to resume performance of its obligations under this Agreement upon the termination of the event or cause that excused performance hereunder. “Force Majeure” herein means an event which is beyond the reasonable control of a Party, City Council Regular Meeting - Page 127 of 144
9 including without limitation, (a) acts of God including flood, fire, earthquake, hurricane or explosion, pandemic; (b) war, invasion, hostilities (whether war is declared or not), terrorist threats or acts, riot or other civi l unrest; (c) government order or law that prevents either Party from performing its obligations as set forth in this Agreement; (d) actions, embargoes or blockades in effect on or after the date of this Agreement; (e) action by any governmental authority that prevents either Party from performing its obligations as set forth in this Agreement; (f) national or regional emergency; (g) strikes, labor stoppages or slowdowns or other industrial disturbances, other than those involving the affected parties emplo yees; (h) shortage of adequate power or transportation facilities.
Neither Party shall be liable for any delay or default in, or failure of, performance resulting from or arising out of any Force Majeure event, and no such delay, default in, or failure of performance shall constitute a breach by either Party hereunder. Where a Force Majeure event gives rise to a failure or delay in either Party performing its obligations under this Agreement (other than obligations to make payment), those obligations will be suspended for the duration of the Force Majeure event. A Party who becomes aware of a Force Majeure event which gives rise to, or which is likely to give rise to, any failure or delay in performing its obligations under this Agreement, will forthwith notify the other and inform the other of the period for which it is estimated that such failure or delay will continue. The affected Party shall take reasonable steps to mitigate the effects of the Force Majeure event.
City Council Regular Meeting - Page 128 of 144
RESOLUTION NO. _____
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING
AN AGREEMENT WITH TIERRA WEST ADIVORS TO PROVIDE INTERIM SERVICES
FOR THE VACANT DIRECTOR OF FINANCE POSITION
WHEREAS, The Director of Finance position is currently vacant; and
WHEREAS, Willdan has been providing interim services to the City to assist with the duties of that essential role for the past few months; and
WHEREAS, the Director of Finance position is vital to the City’s overall operation; and
WHEREAS, the City desires to enter into an agreement with Willdan to provide services until the position is permanently filled, which may be terminated pursuant to the professional services agreement; and
WHEREAS, Willdan represents that it is fully qualified to perform such services by virtue of its experience and the training, education and expertise of its principals and employees.
NOW, THEREFORE THE CITY COUNCIL OF THE CITY OF LYNWOOD, CALIFORNIA DOES HEREBY FIND, DETERMINE, ORDER AND RESOLVE AS FOLLOWS:
Section 1. That the Lynwood City Council authorizes the City Manager to execute an agreement with Willdan to provide interim services for the vacant Director of Finance position approved as to form by the City Attorney.
Section 2. That this resolution shall take effect immediately upon its adoption.
Section 3. The City Clerk shall certify as to the adoption of this City Council Resolution.
PASSED, APPROVED, AND ADOPTED THIS 4th day of JANUARY 2022.
_____________________________________
Jorge Casanova
Mayor
City Council Regular Meeting - Page 129 of 144
ATTEST:
Maria Quinonez,
City Clerk
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
____________________________ ____________________________ Noel A. Tapia, Ernie Hernandez,
City Attorney City Manager
City Council Regular Meeting - Page 130 of 144
Agenda Item # 16.
AGENDA STAFF REPORT
DATE:
January 4, 2022
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Ernie Hernandez, City Manager
PREPARED BY:
Peter Han, Director of Technology Services
SUBJECT:
APPROPRIATION OF FUNDS TO REDESIGN CITY'S WEBSITE AND
CONSIDERATION OF A DOMAIN NAME CHANGE
Recommendation:
Staff recommends that the City Council adopt the attached resolution entitled; “A RESOLUTION OF THE CITY
COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING AN APPROPRIATION OF FUNDS IN THE AMOUNT OF $50,000 TO REDESIGN THE CITY'S WEBSITE SELECTING THE MOST QUALIFIED
VENDOR UPON COMPLETION OF A REQUEST FOR PROPOSALS (RFP) AND MAKE CHANGES TO THE CITY'S DOMAIN NAME AS APPROVED BY THE CITY COUNCIL."
Background:
The City's current website was designed and developed in-house in 2016 using Wordpress. The website is in need for a refresh to take advantage of new technologies and on-line features that will enhance the way residents, businesses, and visitors do business with the City and to quickly find information they are searching for. The importance of the way we communicate with residents and conduct business on-line was made more evident by the COVID-19 pandemic.
On March 11, 2021, the American Rescue Plan Act of 2021 was passed. Funds can be used for specific purposes to respond to the public health emergency. The city's website was a primary point of communications with the public in response to the public health emergency.
Discussion and Analysis:
The purpose of this item is to get Council's authorization to appropriate funds in the amount of $50,000 from dedicated
ARPA (
American Rescue Plan Act) funds to redesign the City's website and to make changes to the City's domain name as approved by the City Council.
The importance of the way we communicate with residents and conduct business on-line was made more evident by the COVID-19 pandemic.
A government CMS (content management system) manages the creation and storage of City Council Regular Meeting - Page 131 of 144
digital content and provides an organizational system for a government website allowing staff from across the agency to update information regularly. An ideal government CMS is user friendly and is built with the citizen journey in mind that is accessible on any computer and mobile device.
Preliminary pricing from vendors who specialize in developing government websites such as Civic Plus and Granicus range from $45K to $49K. Annual maintenance costs range from $9K to 11K. Staff will issue a request for proposal (RFP) and upon completion select the most qualified vendor that will be approved by the Mayor or designee.
The last part of this item is to get Council's direction of keeping the City's domain name (www.lynwood.ca.us) that was chosen in 1996 or changing this to a more modern name. Domain names of some other cities are listed below:
.ORG
www.lacity.org
www.downeyca.org
www.comptoncity.org
www.cityofsouthgate.org
www.hgcity.org
www.cityofgardena.org
www.cityofhawthorne.org
www.norwalk.org
www.cityoflamirada.org
www.cityofwhittier.org
www.cityoflamirada.org
www.redondo.org
www.cityofalhambra.org
www.cypressca.org
www.cityofrosemead.org
www.westcovina.org
www.cityofchino.org
www.santa-ana.org
www.hgcity.org
www.cityofirvine.org
www.cityofpalmdale.org
www.cityoflancasterca.org
.GOV
www.torranceca.gov
www.longbeach.gov
www.santamonica.gov
www.burbankca.gov
www.glendaleca.gov
www.pomonaca.gov
www.huntingtonbeachca.gov
www.riversideca.gov
www.burbankca.gov
.US
ci.patterson.ca.us
ci.carmel.ca.us
www.cerritos.us
www.lynwood.ca.us
ci.temple-city.ca.us
ci.san-bernardino.ca.us
.NET
www.cityofpasadena.net
www.anaheim.net
City Council Regular Meeting - Page 132 of 144
.COM
www.buenapark.com
www.cityoffullerton.com
Some options for Council's consideration are the following:
www.lynwood.gov
www.lynwood.org
www.lynwoodca.gov
www.cityoflynwood.gov
www.lynwoodcommunity.gov
Although these addresses are currently available to register, we can choose other options to Council's liking. Drawbacks of making a domain name change are that all email addresses will need to be changed to match the new domain name and a marketing effort will need to take place to inform residents of the new domain.
Fiscal Impact:
Appropriation of funds in the amount of $50,000 from dedicated ARPA funding to account 1011.65.290.62015 is needed to cover the cost of the website redesign and hosting. Annual maintenance and hosting will cost about $9,500 per year.
Coordinated With:
Finance
City Attorney
ATTACHMENTS:
Description
Resolution
City Council Regular Meeting - Page 133 of 144
RESOLUTION NO. __________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING AN APPROPRIATION OF FUNDS IN THE AMOUNT OF $50,000
TO REDESIGN THE CITY'S WEBSITE SELECTING THE MOST QUALIFIED
VENDOR UPON COMPLETION OF A REQUEST FOR PROPOSALS (RFP)
ALLOWING THE MAYOR OR DESIGNEE TO SIGN AGREEMENT WITH THE
VENDOR AND MAKE CHANGES TO THE CITY'S DOMAIN NAME AS
APPROVED BY THE CITY COUNCIL
WHEREAS, the City's current website was designed and developed in - house in 2016 using Wordpress and the website is in need for a refresh to take advantage of new technologies and on -line features that will enhance the way residents, businesses, and visitors do business with the City; and
WHEREAS, the importance of the way we are able to communicate with residents and conduct business on-line was made more evident by the COVID -19 pandemic; and
WHEREAS, on March 11, 2021, the American Rescue Plan Act of 2021 was passed whereby funds can be used for specific purposes to respond to the public health emergency and t he City's website was a primary point of communications with the public in response to the public health emergency; and
WHEREAS, the purpose of this item is to get Council's authorization to appropriate funds in the amount of $50,000 from dedicated ARPA (American Rescue Plan Act) funds to redesign the City's website and to make changes to the City's domain name as approved by the City Council; and
WHEREAS, a government CMS (content management system) manages the creation and storage of digital content an d provides an organizational system for a government website allowing staff from across the agency to update information regul arly and a n ideal government CMS is user friendly and is built with the citizen journey in mind that is accessible on any computer and mobile device; and
WHEREAS, preliminary pricing from vendors who specialize in developing government websites such as Ci vic Plus and Granicus range from $45K to $49K and staff will issue a request for proposal (RFP) and upon completion select the most qualified vendor that will be approved by the Mayor or designee; and
WHEREAS, the last part of this item is to get Council' s direction of keeping the City's domain name (www.lynwood.ca.us) that was chosen in 1996 or changing this to a more modern name; and
WHEREAS, an a ppropriation of funds in the amount of $50,000 from dedicated ARPA funding to account 1011.65.290.62015 is needed to cover the City Council Regular Meeting - Page 134 of 144
2 cost of the website redesign and hosting and annual maintenance and hosting will cost about $9,500 per year.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY RESOLVE AND DETERMINE AS FOLLOWS:
Section 1. That the City Council of the City of Lynwood authorizes the appropriation of funds in the amount of $50,000 from the dedicated ARPA funding to account 1011.65.290.62015 to redesign the City's website.
Section 2. This resolution shall go into e ffect immediately upon its adoption.
PASSED, APPROVED and ADOPTED this_____ day of ________, 2022.
_________________________
Jorge Cassanova, Mayor
City of Lynwood
ATTEST:
________________________
Maria Quinonez, City Clerk Ernie Hernandez, City Manager
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
______________________ _________________________
Noel Tapia Peter Han, Director of Technology
City Attorney Services
STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
City Council Regular Meeting - Page 135 of 144
3 I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the above and foregoing resol ution was duly adopted by the City Council of said City at its regular meeting thereof held in the City H all of the City on the _________day of____________, 2022 and passed by the following vote:
AYES:
NOES:
ABSTAIN:
ABSENT:
__________________________
City Clerk, City of Lynwood
STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, the undersigned City Clerk of the City of Lynwood, and Clerk of the City Council of said City, do hereby certify that the above and foregoing is a full, true and correct copy of Resolution No. _________ on file in my office and that said resolution was adopted on the date and by the vote therein stated.
Dated this ______ day of ________________, 2022.
__________________________
City Clerk, City of Lynwood
City Council Regular Meeting - Page 136 of 144
Agenda Item # 17.
AGENDA STAFF REPORT
DATE:
January 4, 2022
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Ernie Hernandez, City Manager
PREPARED BY:
Thomas Thornton, Director of Public Works
Lorry Hempe, Public Works Special Projects Manager
SUBJECT:
APPROPRIATION FOR LANDSCAPE AND LIGHTING ASSESSMENT RATE STUDY
FOR CONSUMER PRICE INDEX ADJUSTMENT
Recommendation:
Staff recommends that the City Council adopt the attached resolution entitled: “A RESOLUTION OF THE CITY
COUNCIL OF THE CITY OF LYNWOOD APPROVING AN APPROPRIATION IN THE AMOUNT OF $11,000 FROM THE LANDSCAPE ASSESSMENT DISTRICT FUND (FUND 2701) AND IN THE AMOUNT OF $11,000 FROM THE LIGHTING ASSESSMENT DISTRICT (FUND 2651) FOR THE
WILLDAN FINANCIAL SERVICES TO PREPARE A REPORT AND IMPLEMENT THE BALLOTING FOR
ADJUSTING THE ASSESSMENT RATES FOR BOTH DISTRICTS BASED ON THE CONSUMER PRICE INDEX. ”
Background:
The Landscape and Lighting Assessment Districts provide essential services such as maintenance of landscape areas including trees citywide as well as maintenance of the street lights. On June 15, 2021 the City Council ordered the City Manager to initiate a process establishing an annual rate increase based on Consumer Price Index (CPI) starting Fiscal Year 2022-2023 assessment for both the Landscape and Lighting Assessment Districts (Districts).
Discussion and Analysis:
Each year the City Council conducts a public hearing to set the Landscape Assessment District and Lighting Assessment District Rates.
Since the passage of Proposition 218 in November of 1996 the existing District rates have not been inflated, this represent a twenty-five-year rate freeze as maintenance expenses escalated annually.
Increase to the assessment rate for either the Landscape Assessment or the Lighting Assessment District is subject to certain procedural and substantive requirements under Proposition 218. Willdan Financial Services will prepare the report to determine if there is support the basis of the adjustment as well as prepare and send out the ballots to determine support or opposition to the increase in assessments.
City Council Regular Meeting - Page 137 of 144
Fiscal Impact:
Current Assessment Rates
The current assessment rate for the Landscape Assessment District is at $1.90 per front footage for both the residentially zoned properties and for the commercially zoned properties. This generates the City an estimated $1,077,858 in annual revenues.
The current assessment for the Lighting Assessment District is $1.62 per front footage for residentially zoned properties and $3.01 per front footage for commercially zone properties. This generates the City an estimated $1,018,275 in annual revenues.
Gap in Funding
The Landscape Assessment District has an estimated deficit of $3.4 million at the beginning of FY22. The Lighting Assessment District has estimated fund balance of $910,490 at the beginning of FY22.
Increase in Rate Based on Consumer Price Index
The 12-month Consumer Price Index (CPI) for the Los Angeles area for June, July, August and September averaged at 4.13 percent. The inclusion of CPI growth in the assessment rates would allow the City to at least keep pace with rise in CPI. It will not resolve the existing deficit in the Landscape Assessment District nor fully support the needs of this District. If current staffing level is maintained, the Landscape Assessment District will need to rely on other sources of funding to support itself. For the Lighting Assessment, a CPI increase built in the rates may delay deficit until after Fiscal Year 2127 if current level of staffing is maintained.
Appropriation Request
Staff recommends the following appropriation of $22,000 for Willdan Financial Services to prepare the study and print and mail of Prop 218 notices. The appropriation below includes a contingency of $2,125.
APPROPRIATION
Fund
Dept
Div
Object
Description
Amount
Budgetary Transfer Out
2701
Landscape
Assessment District
$11,000
2651
Lighting
Assessment District
$11,000
Budgetary Fund
Balance
($22,000)
Budgetary Transfer In
2701
45 610
62015
Grounds
Maintenance
$11,000
2651
45 425
62015
Street Lighting
$11,000
Coordinated With:
City Attorney
ATTACHMENTS:
Description
Resolution
City Council Regular Meeting - Page 138 of 144
1 RESOLUTION NO.__________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING AN APPROPRIATION IN THE AMOUNT OF $11,000 FROM THE LANDSCAPE ASSESSMENT DISTRICT FUND (FUND 2701) AND IN THE AMOUNT OF $11,000 FROM THE LIGHTING ASSESSMENT DISTRICT (FUND 2651) FOR THE WILLDAN
FINANCIAL SERVICES TO PREPARE A REPORT AND IMPLEMENT THE BALLOTING
FOR ADJUSTING THE ASSESSMENT RATES FOR BOTH DISTRICTS BASED ON
THE CONSUMER PRICE INDEX
WHEREAS, the Landscape and Lighting Assessment Districts provid e essential services such as maintenance of landscape areas including trees citywide as well as maintenance of the street lights; and
WHEREAS, on June 15, 2021 the City Council ordered the City Manager to initiate a process establishing an annual rate increase based on Consumer Price Index (CPI) starting Fiscal Year 2022 -2023 assessment for both the Landscape and Lighting Assessment Districts (Districts); and
WHEREAS, increase to the assessment rate for either the Landscape Assessment or the Lighting Assessment District is subject to certain procedural and substantive requirements under Proposition 218; and
WHEREAS, appropriation is needed for Willdan Financial Services to prepare the report and print and mail Proposition 218 notices.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, PROCLAIM, ORDER, AND RESOLVE AS FOLLOWS:
Section 1. That The City Council approve the following appropriation:
APPROPRIATION
Fund Dept Div Object Description Amount
Budgetary Transfer Out
2701
Landscape
Assessment District
$11,000
2651 Lighting Assessment
District
$11,000
Budgetary Fund
Balance
($22,000)
Budgetary Transfer In
2701 45 610 62015 Grounds
Maintenance
$11,000
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2 2651 45 425 62015 Street Lighting $11,000
Section 2. This resolution shall take effect immediately upon its adoption.
Section 3. The City Clerk shall certify as to the adoption of this City Council Resolution.
PASSED, APPROVED and ADOPTED this 4th day January 2021.
________________________________
Jorge Casanova, Mayor
ATTEST:
__________________________ _________________________________ María Quiñónez Ernie Hernandez
City Clerk City Manager
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
__________________________ _________________________________ Noel Tapia Thomas W. Thornton
City Attorney Public Works Director
City Council Regular Meeting - Page 140 of 144
3 STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the above and foregoing resolution was duly adopted by the City Council of the City of Lynwood at a regular meeting held in the City Hall of said City on the day of _______________, ______, and passed by the following vote:
AYES:
NOES:
ABSENT:
_________________________________
City Clerk, City of Lynwood
STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, the undersigned City Clerk of the City of Lynwood, and Clerk of the City Council of said City, do hereby certify that the above and forgoing is a full, true and correct copy of Resolution No. __________ on file in my office and that said resolution was adopted on the date and by the vote therein stated.
Dated this __________ day of ________________, _____.
_________________________________
City Clerk, City of Lynwood
City Council Regular Meeting - Page 141 of 144
Agenda Item # 18.
AGENDA STAFF REPORT
DATE:
January 4, 2022
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Ernie Hernandez, City Manager
PREPARED BY:
Maria Quinonez, City Clerk
Silvia Pineda, Assistant to the City Clerk
SUBJECT:
REVIEW OF BOARD, COMMISSION AND COMMITTEE MEMBERS & ANNUAL
BOARDS, COMMISSIONS AND COMMITTEES LOCAL APPOINTMENT LIST Recommendation:
In accordance with the rules outlined below, staff recommends that the City Council review the attached list of Board, Commission and Committee members and take the following actions:
1 .
Reconfirm the existing members for another one-year term, ending December 31, 2022; 2 .
Make any needed adjustments, including filling the noted
vacancies, and
3 .
Direct staff to post the attached Annual City of Lynwood Boards and Commissions Appointment List, according to Maddy Act requirements.
Currently, there are a total of 3 vacancies on the various Boards, Commissions and Committees including:
one
(1)
vacancy for the Community Development Block Grant Board, one (1) vacancy for the Public Safety/Traffic & Parking Commission, and one (1) vacancy for the Planning Commission.
Background:
Government Code Section 54970, known as the Maddy Act, requires the City Council to annually, by December 31 st
of each year, prepare a list of all regular and ongoing Boards, Commissions and Committees, which are appointed by the City Council of the City of Lynwood, with the name of the incumbent appointee, the date of the appointment, the date the term expires and the necessary qualifications of the positions.
The Maddy Act requires
that this list be posted at an accessible public location and be available to members of the public Discussion and Analysis:
City Council Regular Meeting - Page 142 of 144
The City Council appoints citizens to serve on a variety of Boards, Commissions, and Committees that have been established under Chapter 2 “Administration” of the Lynwood Municipal Code (LMC). Standing members serve at the pleasure of the City Council and each Council Member appoints one (1) person to serve to represent that county Member’s interest with the community. Section 2-12.4 “Appointment and Term of Members” of the LMC, specifies the appointment and term of members, which states:
“a. Candidates for appointment to subsidiary public bodies shall be nominated by a council member and confirmed by a vote of the council. The appointed and confirmed candidates shall serve on the subsidiary public bodies to which they have been appointed until the earlier of:
1 .
A replacement is presented to the council for confirmation by the appointing councilmember; 2 .
The appointing council member's term in office has ended; or 3 .
The resignation of an appointee.
b. Members of subsidiary public bodies shall hold office until their successors are appointed, qualified and take office.
c. Any and all provisions of this code relating to terms of office for members of subsidiary public bodies are hereby repealed and shall be governed by the provisions of this section. (Ord. #1584,§1)”
Section 2-12.1(a)(2) “Absence From Meetings; Removal; Compensation” of the LMC, further states "The city council may remove any member of any commission, board or committee at any time and without cause; provided, however, that any action of the city council to remove a member of the personnel board from office prior to the expiration of his term shall not be effective unless approved by at least four (4) councilmember.”
Currently, there is one (1) vacancy for the Community Development Block Grant Board, one (1) vacancy for the Public Safety/Traffic & Parking Commission, and one (1) vacancy for the Planning Commission. The list is being presented this evening for review and potential nominations of community members to fill these vacancies as well as any other adjustments to these Boards, Commissions and Committees, as it deems appropriate, in accordance with the rules outlined in the Maddy Act.
Fiscal Impact:
There is no fiscal impact. Stipends for the Boards, Commissions and Committees are currently budgeted at a total of $50 per member per meeting, which have already been included in the approved FY 2020-21 Operating Budget.
Coordinated With:
N/A
ATTACHMENTS:
Description
Appointment List - Maddy Act 2021
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BOARD, COMMISSION AND COMMITTEE APPOINTMENTS LIST THROUGH DECEMBER 31, 2021 In compliance with the requirement of the Maddy Act, pursuant to Government Code Section 54972, the following is a list of th e City of Lynwood’s Boards and Commission members whose terms run through December 31, 2021. The qualifications necessary to be appointed to a Board or Commission include being a resident of the City of Lynwood and at least 18 years of age. Appointment dates are shown follo wing each name.
CDBG BOARD PUBLIC SAFETY/TRAFFIC
& PARKING COMMISSION
PERSONNEL BOARD PLANNING COMMISSION CITIZEN OVERSIGHT
COMMITTEE
Meets the 1st Wednesday of
each month at 6:00 p.m. in
designated location on an as
needed basis
Director: John Yonai
Staff: Suzanne Trejo
Meets the 4th Thursday of each
month at 6:00 p.m. in
designated location on an as
needed basis
Director: Thomas Thornton
Staff: Laura Ochoa
Meets the 3rd Thursday of
each month at 5:00 p.m. in
designated location
Director: Patrick Matson
Staff: Maria Salas
Meets the 2nd Tuesday of
each month at 6:00 p.m. in
designated location
Director: John Yonai
Staff: Anel Zarate
Meets the 4th Wednesday of
each month at 6:00 p.m. in
designated location
Director: John Yonai
Staff: Suzanne Trejo
AUDREY CASAS
Re-Appointment Date:
12/15/2020
Term Expires: 12/31/2021
Appointed by:
Mayor Casanova
JULIAN DEL REAL-CALLEROS
Appointment Date:
10/19/2021
Term Expires: 12/31/2021
Appointed by:
Mayor Casanova
LILIANA SANCHEZ
Re-Appointment Date:
12/15/2020
Term Expires: 12/31/2021
Appointed by:
Mayor Casanova
FRANCISCO MARTIN
Appointment Date:
10/19/2021
Term Expires: 12/31/2021
Appointed by:
Mayor Casanova
JAIME ROBERTO FLORES
Appointment Date:
01/05/2021
Term Expires: 12/31/2021
Appointed by
Mayor Casanova
YOLANDA RODRIGUEZ-
GONZALEZ
Re-Appointment Date:
12/15/2020
Term Expires: 12/31/2021
Appointed by:
Mayor Pro Tem Solache
JOE BATTLE
Appointment Date:
01/05/2021
Term Expires: 12/31/2021
Appointed by:
Mayor Pro Tem Solache
GARY HARDIE
Re-Appointment Date:
12/15/2020
Term Expires: 12/31/2021
Appointed by:
Mayor Pro Tem Solache
VACANT (Held by Marisol
Daniels)
Appointment Date:
Term Expires:
Appointed by:
Mayor Pro Tem Solache
BRENDA RIVERA
Re-Appointment Date:
12/15/20
Term Expires: 12/31/2021
Appointed by:
Mayor Pro Tem Solache
SYLVIA RAMIREZ
Appointment Date:
12/15/2021
Term Expires: 12/31/2021
Appointed by:
Council Member Flores
FRANK CARRASCO
Appointment Date: 12/15/2020
Term Expires: 12/31/2021
Appointed by:
Council Member Flores
DEONDRA TISDALE
Appointment Date: 02/21/21
Term Expires: 12/31/2021
Appointed by:
Council Member Flores
ARTURO RAMIREZ
Appointment Date:
12/15/2020
Term Expires: 12/31/2021
Appointed by:
Council Member Flores
DANIEL SALAZAR
Appointment Date: 12/15/20
Term Expires: 12/31/2021
Appointed by:
Council Member Flores
LARRY ESPARZA
Appointment Date:
01/19/2021
Term Expires: 12/31/2021
Appointed by:
Council Member Santana
VACANT (Held by Rowland
Becerra)
Re-Appointment Date:
Term Expires:
Appointed by:
Council Member Santana
MARIA ALVARADO
Appointment Date:
01/05/2021
Term Expires: 12/31/2021
Appointed by:
Council Member Santana
ROWLAND BECERRA
Re-Appointment Date:
10/19/2021
Term Expires: 12/31/2021
Appointed by:
Council Member Santana
LORENE REED
Appointment Date:
01/05/2021
Term Expires: 12/31/2021
Appointed by:
Council Member Santana
VACANT (By Appointment,
Jennifer Monjarrez)
Appointment Date:
01/05/2021
Term Expires:
Appointed by:
Council Member Soto
EFREN LOPEZ
Appointment Date: 01/05/2021
Term Expires: 12/31/2021
Appointed by:
Council Member Soto
ROSEMILLIE LOPEZ
Appointment Date:
01/19/2021
Term Expires: 12/31/2021
Appointed by:
Council Member Soto
KENNETH WEST
Re-Appointment Date:
01/05/2021
Term Expires: 12/31/2021
Appointed by:
Council Member Soto
ANDREA LOPEZ
Appointment Date:
01/05/2021
Term Expires: 12/31/2021
Appointed by:
Council Member Soto
Updated: 12/13/21
City Council Regular Meeting - Page 144 of 144