Agenda, second session — Lynwood City Council, April 19, 2022

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

April 19, 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 4/16/2022 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)

7. COUNCIL RECESS TO:

Lynwood Successor Agency
City Council Regular Meeting - Page 1 of 192
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).)

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 April 19, 2022 for FY 2021-2022. (FIN)

Recommendation:

Staff respectfully recommends that the City Council of the City of Lynwood approve the warrant register dated April 19, 2022 for FY 2021-2022.

9. CITY CLERK'S QUARTERLY REPORT
Comments:

The purpose of this item is to have the Lynwood City Council review the City Clerk’s Quarterly City Council
Actions
Report.

The following information provided in this report is a summary of agenda items presented to the City Council for consideration during the quarter ending March 31, 2022.

17 Resolutions with Agreements or Contracts Approved and Adopted

44 Resolutions Considered for Approval and Adoption

21 Reports Received and Filed

§
2 Ordinances Approved and Adopted; with One Attached Agreement

31 Meeting Minutes Approved

2 Agreements Approved

11 Miscellaneous Items Considered
(CC)

Recommendation:

It is recommended that Lynwood City Council receive and file the attached informational quarterly report. The information provided in this report highlights a summary of agenda items presented to the City Council for consideration during the quarter ending March 31, 2022.

10. 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 )

City Council Regular Meeting - Page 2 of 192
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 March 31, 2022.

11. INVESTMENT POLICY CERTIFICATION
Comments:

The purpose of this item is to inform the Honorable Mayor and the Lynwood City Council of the certification received from the California Municipal Treasurer's Association (CMTA) for the City's Investment Policy. (CT)

Recommendation:

It is recommended that the City Council of the City of Lynwood receive and file the attached Certification issued by the California Municipal Treasurer's Association (CMTA) for the City's Investment Policy.

It is also recommended that the Certification is placed on the City's website as well as in the next LNP.

12. FINANCIAL STATUS REPORT – JANUARY 2022 & FEBRUARY 2022 Comments:

The California 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. (FIN)

Recommendation:

Staff recommends that the City Council receive and file this report.

13. APPROVAL OF A COMMERCIAL FACADE GRANT PROGRAM AND ARPA

APPROPRIATION FOR PROGRAM IMPLEMENTATION
Comments:

The Lynwood City Council has
determined that Recovery Funds awarded to Lynwood should be expended to support programs, partnerships and projects that will speed up the City’s recovery from the economic and health effects of the Coronavirus pandemic while providing the broadest possible community benefit including infrastructure improvements that support economic recovery and local business revitalizations. (CD)

Recommendation:

Staff recommends that the City Council:

1. Approve the Commercial Façade Grant Program with edits as requested by council.

2. Approve the retention of a service provider to promote the program and meet with business owners and tenants.

3. Adopt the attached resolution entitled: “A RESOLUTION OF CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING A COMMERCIAL FAÇADE GRANT PROGRAM AND THE APPROPRIATION OF $830,000 IN ARPA FUNDING FOR PROGRAM IMPLEMENTATION.”

14. CONTINUATION OF AN EMERGENCY ACTION PER PUBLIC CONTRACT CODE SECTION 22050 FOR THE EMERGENCY ACTION AT THE NATATORIUM Comments:

On April 5, 2022, the City Council found
that there is a need for emergency action at the
Natatorium.

Public Contract Code Section 22050(c)(2) requires the City Council to review the emergency action at every regularly scheduled Council Meeting to determine by four-fifths vote that there is a need to continue the action. (PW)

Recommendation:

Staff recommends for the City Council to adopt the attached resolution entitled:
“A

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD FINDING THAT

THERE IS A NEED TO CONTINUE THE EMERGENCY ACTION, BY WAY OF A FOUR-

FIFTHS VOTE OF ITS MEMBERS, PURSUANT TO PUBLIC CONTRACT CODE SECTION 22050(c)(1) WITH RESPECT TO THE EMERGENCY RENOVATIONS AND EMERGENCY REPAIRS AT THE NATATORIUM.”

15. CONTINUATION OF AN EMERGENCY ACTION PER PUBLIC CONTRACT CODE SECTION 22050 FOR THE EMERGENCY ACTION AT WELL NO. 19
Comments:

The City Council delegated to the City Manager or his or her designee the authority to order any action specified under California Public Contract Code Section 22050(a)(1) pursuant to Section 22050(b). On April 5, 2022, the City Council found that there is a need for emergency action at Well No. 19. Public Contract Code Section 22050(c)(2) requires the City Council to review the emergency action at every regularly scheduled Council Meeting to determine by four-fifths vote that there is a need to continue the action. (PW)

Recommendation:

Staff recommends for the City Council to adopt the attached resolution entitled:
“A

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD FINDING THAT

THERE IS A NEED TO CONTINUE THE EMERGENCY ACTION, BY WAY OF A FOUR-

FIFTHS VOTE OF ITS MEMBERS, PURSUANT TO PUBLIC CONTRACT CODE SECTION 22050(c)(1) WITH RESPECT TO THE EMERGENCY RENOVATIONS AND EMERGENCY REPAIRS AT WELL NO. 19.”

16. PROJECT ACCEPTANCE OF THE ALEXANDER AVENUE, LOUISE STREET, POPE

AVENUE, PENDLETON AVENUE, SEMINOLE AVENUE, AND SHIRLEY AVENUE STREET, WATER AND SEWER IMPROVEMENTS PROJECT, PROJECT NO. 4011.68.088
Comments:

The construction of the Alexander Avenue, Louise Street, Pope Avenue, Pendleton Avenue, Seminole Avenue, And Shirley Avenue Street, Water, and Sewer Improvement Project started on November 30, 2020. The final inspection and project completion was on December 2021. Staff conducted the final inspection on December 2021 and found that all work was completed in accordance with the project plans and specifications. The Project is ready for acceptance. (PW)

Recommendation:

Staff recommends that the City Council adopt the attached resolution entitled: “A RESOLUTION

OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ACCEPTING THE ALEXANDER

AVENUE, LOUISE STREET, POPE AVENUE, PENDLETON AVENUE, SEMINOLE

AVENUE, AND SHIRLEY AVENUE STREET, WATER, AND SEWER IMPROVEMENT PROJECT, PROJECT NO. 4011.68.088 AS COMPLETE; AUTHORIZING THE FILING OF THE NOTICE OF COMPLETION WITH THE LOS ANGELES COUNTY RECORDER’S OFFICE AND THE RELEASE OF THE 5% RETENTION 35 DAYS AFTER THE ACCEPTANCE”.

17. PROJECT ACCEPTANCE OF THE LYNWOOD ROAD, OLIVE STREET, MCMILLAN

STREET, COOKACRE AVENUE AND RAYBORN STREET, STREET IMPROVEMENT PROJECT, PROJECT NO. 4011.68.090
City Council Regular Meeting - Page 4 of 192
Comments:

The construction of Lynwood Road, Olive Street, McMillan Street, Cookacre Avenue and Rayborn Street, Street Improvement Project started on February 1, 2021. The final inspection and project completion was on May 2021. Staff conducted the final inspection on May 2021 and found that all work was completed in accordance with the project plans and specifications. The Project is ready for acceptance. (PW)

Recommendation:

Staff recommends that the City Council adopt the attached resolution entitled: “A RESOLUTION

OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ACCEPTING LYNWOOD ROAD,

OLIVE STREET,

MCMILLAN STREET, COOKACRE AVENUE AND RAYBORN STREET,
STREET IMPROVEMENT PROJECT, PROJECT NO. 4011.68.090 AS COMPLETE;

AUTHORIZING THE FILING OF THE NOTICE OF COMPLETION WITH THE LOS ANGELES COUNTY RECORDER’S OFFICE AND THE RELEASE OF THE 5% RETENTION 35 DAYS AFTER THE ACCEPTANCE”.

18. CONSIDERATION OF A RESOULTION PROCLAIMING A LOCAL EMERGENCY,

RATIFYING THE PROCLAMATION OF A STATE OF EMERGENCY BY GOVERNOR

NEWSOM, FINDING THAT THE PROCLAIMED STATE OF EMERGENCY

CONTINUES TO IMPACT THE ABILITY TO MEET SAFELY IN PERSON, AND

DECLARING THAT THE CITY COUNCIL AND CITY COMMISSIONS AND

COMMITTEES WILL COTINUE TO MEET REMOTELY IN ADHERENECE WITH AB 361 IN ORDER TO ENSURE THE HEALTH AND SAFETY OF THE PUBLIC Comments:

Beginning in March 2020, Governor Newsom issued a series of Executive Orders aimed at containing the novel coronavirus (COVID-19). Among these were several Executive Orders N-25- 20, N-29-20, N-35-20 (collectively, the Brown Act Orders) that waived requirements in the Brown Act expressly or impliedly requiring the physical presence of city councilmembers, staff, or the public at local agency meetings.

Recommendation:

Staff is recommending that the City Council adopt a City Council Resolution entitled: “A Resolution Proclaiming a Local Emergency, Ratifying the Proclamation of a State of Emergency by Governor Newsom, Finding that the Proclaimed State of Emergency Continues to Impact the Ability to Meet Safely in Person, and Declaring that the City Council and City Commissions and Committees Will Continue to Meet Remotely in Adherence With AB 361 in Order to Ensure the Health and Safety of the Public”

NEW/OLD BUSINESS

19. COUNCIL DIRECTION TO REPAIR EXISTING SURVEILLANCE CAMERA SYSTEM

OR AQUIRE NEW CAMERA SYSTEM THAT FEEDS TO CENTURY STATION Comments:

The City owns a surveillance camera system that feeds wirelessly to Century station that was implemented 13 years ago. The most recent contract to maintain the system expired in 2018 and the system is now mostly non-operational.

Staff would like Council direction whether to repair the existing system or acquire a new system that feeds to Century Station. (IT)
City Council Regular Meeting - Page 5 of 192

Recommendation:

Staff recommends that the City Council select one option below and adopt the attached resolution entitled:

Option 1:
“A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING AN APPROPRIATION OF FUNDS IN THE AMOUNT OF $50,000 TO

REPAIR AND UPGRADE THE CAMERA SYSTEM THAT FEEDS TO CENTURY

STATION

SELECTING THE MOST QUALIFIED VENDOR UPON COMPLETION OF A REQUEST FOR PROPOSALS (RFP)."

Option 2
: "

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD

AUTHORIZING THE RELEASE OF A REQUEST FOR PROPOSALS FOR A NEW

SURVEILLANCE CAMERA SYSTEM COVERING MAJOR STREET INTERSECTIONS THAT FEEDS TO CENTURY STATION AND CITY HALL."

20. INDEPENDENCE DAY FIREWORKS SHOW – DATE CHANGE AND FIREWORKS

DISPLAY SERVICES CONTRACT
Comments:

The City of Lynwood has traditionally commemorated the Independence Day holiday by offering a public fireworks display and community activities at Lynwood City Park. Staff is respectfully requesting that the City Council consider its proposal to schedule the date of the annual Independence Day fireworks show on July 3 of each year and, secondly, to allow staff to negotiate and execute a three-year contract for fireworks display services with Exposhows, Inc. (REC)

Recommendation:

Staff recommends that the City Council consider staff’s recommendations and adopt the two accompanying resolutions entitled:

1. “A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD

AUTHORIZING ITS ANNUAL INDEPENDENCE DAY FIREWORKS SHOW EVENT TO BE SCHEDULED ON JULY 3 OF EACH YEAR.”

2. “A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD

AUTHORIZING STAFF TO NEGOTIATE A THREE-YEAR CONTRACT WITH EXPOSHOWS, INC. FOR FIREWORKS DISPLAY SERVICES IN SUPPORT OF THE CITY’S ANNUAL INDEPENDENCE DAY FIREWORKS SHOW EVENT.”

21. APPROVAL OF NON-PROFIT APPLICATIONS FOR THE SALE OF SAFE AND SANE

FIREWORKS
Comments:

The purpose of this item is to approve the four (4) qualified applicants for sale of Safe and Sane Fireworks during July 1 through July 4, 2022. (CC)

Recommendation:

Staff respectfully recommends that the City Council review the item and approve the four (4) identified fireworks stands.

22. AMERICAN RESCUE PLAN ACT APPROPRIATION FOR REPAIRS AT CITY-OWNED FIRE STATIONS 147 & 148
Comments:

The City entered into an Agreement for Services by and between the Consolidated Fire Protection District of Los Angeles County and the City of Lynwood in 2000.

City Council Regular Meeting - Page 6 of 192

Pursuant to the agreement any non-routine repair (e.g., foundation cracking, security issues, and significant ceiling issues) are considered major repairs and are the responsibility of the City.

These issues should be undertaken by the City within twelve (12) months upon the Consolidated Fire Protection Districts notification. (CM)

Recommendation:

Staff recommends that the City Council adopt the attached resolution entitled "A RESOLUTION

OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE APPROPRATION FROM ARPA FUND (FUND 1055) IN THE AMOUNT OF $337,000 FOR THE REPAIRS AT FIRE STATION 147 AND FIRE STATION 148."

23. CONSIDERATION AND ACCEPTANCE OF THE CITY OF LYNWOOD

SPEED HUMP

INSTALLATION POLICY GUIDELINES AND PROCEDURES
Comments:

Furthermore, the Infrastructure ADHOC Committee has reviewed the draft policy, provided input, and recommends adoption of the Lynwood Speed Hump Installation Policy Guidelines and Procedures. (PW)

Recommendation:

Staff recommends that the City Council adopt the attached resolution entitled: “A RESOLUTION

OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ACCEPTING THE CITY OF

LYNWOOD
SPEED HUMP INSTALLATION POLICY GUIDELINES AND PROCEDURES”.

24. CITY COUNCIL ORAL AND WRITTEN COMMUNICATION

25. STAFF ORAL COMMENTS

ADJOURNMENT
THE NEXT REGULAR MEETING WILL BE HELD ON MAY 3, 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 7 of 192
Agenda Item # 8.

AGENDA STAFF REPORT
DATE:

April 19, 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 April 19, 2022 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 4 19 2022
City Council Regular Meeting - Page 8 of 192
vchlist
04/12/2022 11 :48:50AM
Bank code: apbank
Voucher Date Vendor
--
1273 2/8/2022 013090 PERS
1278 2/18/2022 013090 PERS
1284 2/18/2022 013090 PERS
1308 2/24/2022 012556 MUNICIPAL DENTAL POOL
1315 2/24/2022 012556 MUNICIPAL DENTAL POOL
1322 2/24/2022 012556 MUNICIPAL DENTAL POOL
1005163 2/24/2022 012556 MUNICIPAL DENTAL POOL
7 Vouchers for bank code : apbank
7 Vouchers in this report
Electronic Financial Transaction List
City of Lynwood
Invoice PO#
Ben142603
Ben142780
Ben142860
Ben143730
Ben143933
Ben143965
012556-033122
Description/Account
PERS: PAYMENT
Total :

PERS: PAYMENT
Total:

PERS:PAYMENT
Total :

DELTA DENTAL: PAYMENT
Total :

DEL TA DENTAL: PAYMENT
Total:

DELTA DENTAL: PAYMENT
Total :

DENTAL PREMIUM 3/2022
Total:

Bank total:

Total vouchers :

Page: 1
Amount
52,871 .98
52,871.98
147.37
147.37
53,102.27
53,102.27
4,896.79
4,896.79
223.50
223.50
4,255.73
4,255.73
7,971.76
7,971.76
123,469.40
123,469.40
Page: 1
City Council Regular Meeting - Page 9 of 192
vchlist Prepaid-Check List Page: 2
03/31/2022 4:18:30PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 204314 3/30/2022 011188 INSURANCE COMPANY, THE LINCOLN 011188-043022 LTD PREMIUM 4/2022 4,149.16 Total : 4,149.16
204315 3/30/2022 003331 L.A. COUNTY SHERIFF DEPT. 221487AL 01-001701 TRAFFIC ENFORCEMENT-SPECIAL EVENTS 3,056.85 221488AL 01-001701 TRAFFIC ENFORCEMENT-SPECIAL EVENTS 3,056.85 Total: 6,113.70
204316 3/30/2022 001224 STANDARD INSURANCE COMPANY 001224-043022 RETIREE LIFE INSURANCE 777.00 Total: 777.00
204317 3/30/2022 007551 AFSCME DISTRICT COUNCIL 36 Ben143716 ASSOCIATION DUES: PAYMENT 1,651.87 Ben143951 ASSOCIATION DUES: PAYMENT 1,674.84
Total: 3,326.71
204318 3/30/2022 011927 AMERICAN FIDELITY ASSURANCE CO Ben143712 ACCIDENT PRETAX: PAYMENT 1,853.74 Ben143947 ACCIDENT PRETAX: PAYMENT 1,840.74
Total: 3,694.48
204319 3/30/2022 013398 AMERICAN FIDELITY ASSURANCE CO Ben143724 HEALTH FSA PRE-TAX: PAYMENT 274.97 Ben143959 HEALTH FSA PRE-TAX: PAYMENT 347.89
Total: 622.86
204320 3/30/2022 013463 CITY EMPLOYEES ASSOCIATES, LLC Ben143720 MGMT. ASSOCIATION DUES: 162.50 Ben143955 MGMT. ASSOCIATION DUES: 162.50
Total : 325.00
204321 3/30/2022 010048 LEGAL SHIELD Ben143722 LEGAL SHIELD: PAYMENT 49.84 Ben143957 LEGAL SHIELD: PAYMENT 49.84
Total: 99.68
204322 3/31/2022 001224 STANDARD INSURANCE COMPANY Ben143714 AD&D STANDARD LIFE INSURANCE: 673.62 Ben143929 AD&D STANDARD LIFE INSURANCE: 65.13
Ben143949 AD&D STANDARD LIFE INSURANCE: 641.25
Total : 1,380.00
204323 3/31/2022 000003 FIRST CHOICE SERVICES 755805 01-001633 COFFEE SERVICES 163.44 Page: 2
City Council Regular Meeting - Page 10 of 192
vchlist
03/31/2022 4:18:30PM
Bank code: apbank
Voucher
204323
204324
Date Vendor
3/31/2022 000003 000003 FIRST CHOICE SERVICES
3/31/2022 000163 SOUTHERN CALIFORNIA EDISON
11 Vouchers for bank code :
11 Vouchers in this report
apbank
Prepaid-Check List
City of Lynwood
Invoice
(Continued)
000163033122
PO# Description/Account
-------
Total :

LIGHT & POWER SERVICES
Total:

Bank total:

Total vouchers :

Page: 3
Amount
163.44
4,417.45
4,417.45
25,069.48
25,069.48
Page: 3
City Council Regular Meeting - Page 11 of 192
vchlist Prepaid-Check List Page: 4
04/12/2022 9:29:25AM City of Lynwood
Bank code : apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 204325 4/4/2022 000163 SOUTHERN CALIFORNIA EDISON 000163040422 LIGHT & POWER SERVICES 47,786.02 Total : 47,786.02
204326 4/4/2022 013473 CONTROLLING INSURANCE COST IN, 013473-043022 VISION PREMIUM 4/2022 1,069.70 Total: 1,069.70
204327 4/4/2022 013473 CONTROLLING INSURANCE COST IN, Ben143718 VISION : PAYMENT 568.63 Ben143931 VISION: PAYMENT 35.73
Ben143953 VISION: PAYMENT 521.64
Total : 1,126.00
204328 4/5/2022 011266 CLOUDMAN , ABRAHAM 011266-041822 REIMB-REGISTRATION FEE 655.00 Total : 655.00
204329 4/12/2022 009633 EVENT STEP AND REPEAT 14898 08-004751 ADVERTISEMENT SUPPLIES 1,009.59 14898-A 08-004878 ADVERSTISING BANNERS 500.00
14898-8 08-004878 ADVERSTISING BANNERS 211.48
Total: 1,721.07
204330 4/12/2022 011468 JASSO PADILLA, HECTOR 011468-041222 REGISTRATION FEE 655.00 Total: 655.00
204331 4/12/2022 001494 RELIABLE ICE EQUIPMENT INC. 47616 08-004881 SENIOR CENTER ICE MACHINE 3,887.73 Total: 3,887.73
204332 4/12/2022 000163 SOUTHERN CALIFORNIA EDISON 000163041222 LIGHT & POWER SERVICES 6,474.68 Total : 6,474.68
204333 4/12/2022 001302 U.S. BANK 001302-031522-1 BANKCARD CHARGES 16.39 001302-031522-2 BANKCARD CHARGES 437.48
001302-031522-3 BANKCARD CHARGES 4,325.69
Total : 4,779.56
204334 4/12/2022 001302 U.S. BANK 001302-031522 BANKCARD CHARGES 1,589.43 Total : 1,589.43
204335 4/12/2022 013086 DIV LEVYING OFFICER, SHERIFF'S Ben144327 LEVYING OFFICER : PAYMENT 322.30 Page: 4
City Council Regular Meeting - Page 12 of 192
vchlist
04/12/2022
Bank code:

Voucher
9:29:25AM
apbank
Date Vendor
Prepaid-Check List
City of Lynwood
Invoice
204335
204336
4/12/2022 013086 013086 DIV LEVYING OFFICER, SHERIFF'S (Continued) 4/12/2022 013084 LE, JESSICA Ben144325
12 Vouchers for bank code: apbank
PO# Description/Account
Total:

JESSICA HERRERA: PAYMENT
Total:

Bank total:

Page: 5
Amount
322.30
293.00
293.00
70,359.49
Page: 5
City Council Regular Meeting - Page 13 of 192
vchlist Check List Page: 6
04/13/2022 4:36:54PM City of Lynwood
Bank code : apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 204337 4/19/2022 013500 AIR CONDITIONING&REFRIGERATION, 172306 08-004863 BATEMAN HALL EQUIP REPAIR 2,398.48 172307 08-004863 BATEMAN HALL EQUIP REPAIR 1,586.10
Total: 3,984.58
204338 4/19/2022 007439 ALL CITY MANAGEMENT SVCS, INC. 76337 11-001916 SCHOOL CROSSING GUARD SERVICES 16,181.08 Total: 16,181.08
204339 4/19/2022 010884 ALL STAR ELITE SPORTS 2823 08-004842 LYNWOOD RECREATION SPORTS PROGRAM 737.03 Total: 737.03
204340 4/19/2022 013497 ALTA LANGUAGE SERVICES, INC IS583534 05-001921 BILINGUAL TESTING 770.00 Total : 770.00
204341 4/19/2022 010746 ALVAREZ-GLASMAN & COLVIN 2021-11-20230 02-002525 LEGAL SERVICES 286.00 2021-11-20230-1 02-002525 LEGAL SERVICES 5,061.50
2021-11-20230-2 02-002525 LEGAL SERVICES 8,238.94
2021-11-20230-3 02-002525 LEGAL SERVICES 10,121.50
2021-11-20230-4 02-002525 LEGAL SERVICES 88.00
2021-11-20231 02-002525 LEGAL SERVICES 450.00
2021-11-20231-1 02-002525 LEGAL SERVICES 1,175.00
2021-11-20231-2 02-002525 LEGAL SERVICES 550.00
2021-11-20232 02-002525 LEGAL SERVICES 5,250.00
2021-11-20233 02-002525 LEGAL SERVICES 100.00
2021-11-20234 02-002525 LEGAL SERVICES 2,970.00
Total : 34,290.94
204342 4/19/2022 008217 AMAZON.COM, LLC 576768758534 12-000388 COMPUTER AND NETWORKING SUPPLIES 38.56 577559956939 12-000388 COMPUTER AND NETWORKING SUPPLIES 606.36 636746697559 12-000388 COMPUTER AND NETWORKING SUPPLIES 65.62 743533474659 12-000388 COMPUTER AND NETWORKING SUPPLIES 44.37 894576878457 12-000388 COMPUTER AND NETWORKING SUPPLIES 65.87 Total: 820.78
204343 4/19/2022 002452 AMERICAN LANGUAGE SVCS. 68074 01-001653 TRANSLATION SERVICES 385.80 Total : 385.80
Page: 6
City Council Regular Meeting - Page 14 of 192
vchlist Check List Page: 7
04/13/2022 4:36:54PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 204344 4/19/2022 006399 AT&T 000017941243 TELEPHONE SERVICE 1,207.99 000017960812 TELEPHONE SERVICE 167.04
Total : 1,375.03
204345 4/19/2022 004285 AVANT GARDE, INC. 7531 11-001919 HOUSING CONSUL TING SERVICES 146.25 7532 11-001919 HOUSING CONSUL TING SERVICES 641.25
7533 06-008879 LABOR COMPLIANCE 999.00
7537 06-008790 FUNDING ADMINISTRATION 1,062.00
Total : 2,848.50
204346 4/19/2022 004986 BIOMETRICS4ALL, INC COLYN0094 05-001877 LIVE SCAN RELAY FEE 13.50 Total: 13.50
204347 4/19/2022 007782 CAMACHO, GABRIELA 007782-043022 ELECTRONIC/MEDIA-AUTO EXPENSES 4/2022 500.00 Total: 500.00
204348 4/19/2022 012555 CASAMAR GROUP,LLC 13004-D 06-009419 LABOR COMPLIANCE 95.00 Total : 95.00
204349 4/19/2022 002319 CINDY'S JUMPERS 47347 08-004877 COMMUNITY GARDEN/ EARTH DAY 712.60 Total: 712.60
204350 4/19/2022 001168 CINTAS CORPORATION NO. 2 9170475579 08-004693 FIRST AID CABINETS SERVICE 144.60 Total : 144.60
204351 4/19/2022 000702 CINTAS DOCUMENT MANAGEMENT 8405632718 05-001888 ZOLL DEFRIBILATORS 870.98 Total: 870.98
204352 4/19/2022 006775 CMTA 006775-050622 REGISTRATION-SHEILA HARDING 395.00 Total: 395.00
204353 4/19/2022 012021 CONCENTRA MEDICAL CENTERS 74775781 05-001879 PRE-EMPLOYMENT PHYSICALS 171.00 74848341 05-001879 PRE-EMPLOYMENT PHYSICALS 477.00
74923899 05-001879 PRE-EMPLOYMENT PHYSICALS 273.50
Total : 921.50
204354 4/19/2022 010754 COOL IMAGE WATER, DBA/ AMERICAN 1497 02-002586 PURIFIED DRINKING WATER 32.76 Page: 7
City Council Regular Meeting - Page 15 of 192
vchlist Check List Page: 8
04/13/2022 4:36:54PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 204354 4/19/2022 010754 010754 COOL IMAGE WATER, DBA/ (Continued) Total: 32.76 204355 4/19/2022 007243 COUNTY OF LOS ANGELES, IN220000687 06-009233 TRAFFIC SIGNAL MAINTENANCE 4,231 .48 Total : 4,231.48
204356 4/19/2022 007223 COX, CASTLE & NICHOLSON LLP 529610 11-002077 ENVIRONMENTAL LEGAL SVCS 21 ,712.00 531589 11-002077 ENVIRONMENTAL LEGAL SVCS 18,584.00
533291 11-002077 ENVIRONMENTAL LEGAL SVCS 18,334.45
533292 11-002077 ENVIRONMENTAL LEGAL SVCS 15,692.90
534799 11-002077 ENVIRONMENTAL LEGAL SVCS 12,144.00
537323 11-002077 ENVIRONMENTAL LEGAL SVCS 6,511.30
537324 11-002077 ENVIRONMENTAL LEGAL SVCS 17,296.00
538552 11-002077 ENVIRONMENTAL LEGAL SVCS 16,036.06
539564 11-002077 ENVIRONMENTAL LEGAL SVCS 8,741.60
Total : 135,052.31
204357 4/19/2022 000138 DAILY JOURNAL CORPORATION A3569044 06-009461 NIB ADVERTISEMENT FOR 336.70 A3570857 11-001923 PUBLICATION SERVICES 146.15
A3570868 11-001923 PUBLICATION SERVICES 131 .35
A3570956 11-001923 PUBLICATION SERVICES 216.45
B3558455 02-002584 PUBLIC NOTICE-UNCLAIMED FUNDS 2,250.00 B3566892 06-009454 PUBLICATION SERVICES 115.29
B3567822 02-002540 PUBLICATION SERVICES 140.00
Total: 3,335.94
204358 4/19/2022 003159 DEPARTMENT OF CONSERVATION 003159-033122 SEISMIC HAZARD MAPPING FEE 445.82 Total : 445.82
204359 4/19/2022 003352 DEPT. OF JUSTICE CTRL SERVICES 570831 05-001889 BACKGROUND CHECK FOR NEW HIRES 224.00 Total: 224.00
204360 4/19/2022 012429 DSANTANA ARQUITECTURA 19300-21 06-009422 CONSTRUCTION ADMINISTRATION 262.50 Total: 262.50
204361 4/19/2022 008756 EQUIPMENT & SERVICES, LLC, ANIMAL 100319 11-002075 ANIMAL CONTROL EQUIPMENT & SUPPLIES 2,287.06 100346 11-002075 ANIMAL CONTROL EQUIPMENT & SUPPLIES 318.21 100586 11-002075 ANIMAL CONTROL EQUIPMENT & SUPPLIES 360.75 Page: 8
City Council Regular Meeting - Page 16 of 192
vchlist Check List Page: 9
04/13/2022 4:36:54PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 204361 4/19/2022 008756 008756 EQUIPMENT & SERVICES, LLC, (Continued) Total: 2,966.02 204362 4/19/2022 001087 FANTASY FLOWERS AND GIFTS 6578 08-004873 SPECIAL NEEDS CELEBRATION 562.28 Total: 562.28
204363 4/19/2022 003334 FED EX 7-710-40105 06-009235 COURIER SERVICES 7.77 Total: 7.77
204364 4/19/2022 009082 FLOYD, LATASIA 009082-033122 08-004702 HIP HOP YOUTH DANCE INSTRUCTOR 1,680.00 Total: 1,680.00
204365 4/19/2022 013509 GALINDO, HORACIO 013509-033122 11-002072 COVID-19 ESSENTIAL GOODS 300.00 Total: 300.00
204366 4/19/2022 013513 GARCIA, LEONEL 01656 08-004868 FITNESS ZONE REPAIRS 487.50 Total: 487.50
204367 4/19/2022 001352 GMC PEST CONTROL, INC. 11010310 06-009139 PEST CONTROL 800.00 11010311 06-009139 PEST CONTROL 2,000.00
Total: 2,800.00
204368 4/19/2022 000993 GRM INFORMATION MANAGEMENT 0450157-0450171 01-001638 CITYWIDE OFFSITE RECORDS 667.54 Total: 667.54
204369 4/19/2022 002887 HARDING, SHEILA 002887-050622 PER DIEM 260.00 Total : 260.00
204370 4/19/2022 012031 HARMONY PROJECT 012031-032922 11-001929 CDBG SUBRECIPIENT SERVICE 15,000.00 Total : 15,000.00
204371 4/19/2022 008254 JCL TRAFFIC SERVICES 113580 06-009405 RENTAL OF MESSAGE BOARDS 5,000.00 113580-A 06-009463 RENTAL OF MESSAGE BOARDS 40.00
113665 06-009463 RENTAL OF MESSAGE BOARDS 2,940.00
113760 06-009462 STREET SIGNS AND SUPPLIES 1,835.99
Total : 9,815.99
204372 4/19/2022 013517 JERSEY MIKE'S SUBS 01-001662-01-006208 08-004869 SPECIAL NEEDS PROGRAM 2022 3,000.00 Page: 9
City Council Regular Meeting - Page 17 of 192
vchlist Check List Page: 10
04/13/2022 4:36:54PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 204372 4/19/2022 013517 013517 JERSEY MIKE'S SUBS (Continued) Total : 3,000.00 204373 4/19/2022 013304 JOE A GONSALVES & SON 159516 06-009328 ADVOCACY SERVICES 4,000.00 159585 06-009328 ADVOCACY SERVICES 4,000.00
159650 06-009328 ADVOCACY SERVICES 4,000.00
Total: 12,000.00
204374 4/19/2022 003547 KANE, BALLMER & BERKMAN 27196 11-002076 SPECIAL COUNSEL LEGAL SERVICES 6,613 .58 Total: 6,613.58
204375 4/19/2022 013434 KILEY & ASSOCIATES,LLC 7 01-001662 PROFESSIONAL SERVICES 5,000.00 Total: 5,000.00
204376 4/19/2022 001612 LEAGUE OF CALIFORNIA CITIES 641244 MEMBERSHIP DUES 20,859.00 Total : 20,859.00
204377 4/19/2022 001991 LEGISLATIVE ADVOCACY GROUP 5848 01-001658 PROFESSIONAL LEGISLATIVE/LOBBYING 5,000.00 5849 01-001658 PROFESSIONAL LEGISLATIVE/LOBBYING 5,000.00 Total: 10,000.00
204378 4/19/2022 002861 MAGIC JUMP RENTALS,INC. 33287 08-004870 SPECIAL NEEDS PROGRAM 2022 513.00 Total: 513.00
204379 4/19/2022 002761 MARCO POWER EQUIPMENT 21214877 06-009244 SUPPLIES, REPAIRS, MACHINERY 68.51 Total: 68.51
204380 4/19/2022 004509 MARISOL MEDINA 004509-033122 08-004697 BALLET YOUTH INSTRUCTOR 1,112.00 Total : 1,112.00
204381 4/19/2022 003069 MEDCO SUPPLY CO. IN94890943 08-004840 FIRST AID SUPPLIES 643.45 Total : 643.45
204382 4/19/2022 005256 MONJARAS & WISMEYER GROUP,INC. 21447 05-001896 EMPLOYEE ACCOMMODATION WORK 1,750.00 Total: 1,750.00
204383 4/19/2022 008782 MSJ ACCESS INC 91068051 06-009432 LOCKSMITH SERVICES 818.47 Total : 818.47
Page: 10
City Council Regular Meeting - Page 18 of 192
vchlist Check List Page: 11
04/13/2022 4:36:54PM City of Lynwood
Bank code : apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 204384 4/19/2022 012270 MUNIENVIRONMENTAL, LLC 21-212 06-009458 PROP 218 RATE ASSISTANCE AND SB1383 11 ,191.04 22-006 06-009458 PROP 218 RATE ASSISTANCE AND SB1383 1,520.00 Total: 12,711.04
204385 4/19/2022 009647 MV CHENG & ASSOCIATES, INC. 3/31/2022 02-002587 SENIOR ACCOUNTANT SERVICES 10,760.00 Total : 10,760.00
204386 4/19/2022 000078 OFFICE DEPOT, INC. 189262971001 06-009210 OFFICE SUPPLIES 316.10 190037495001 01-001641 OFFICE SUPPLIES 221 .64
190123448001 01-001641 OFFICE SUPPLIES 1.68
192002780001 06-009210 OFFICE SUPPLIES 66.14
192071742001 06-009210 OFFICE SUPPLIES 77.16
209373346001 01-001641 OFFICE SUPPLIES 100.97
215933980001 06-009210 OFFICE SUPPLIES 37.58
215949028001 06-009210 OFFICE SUPPLIES 68.99
237311534001 02-002542 OFFICE SUPPLIES 26.19
237311534001-A 02-002526 COPY PAPER PURCHASE 213 .76
237647975001 11-002078 OFFICE SUPPLIES 334 .12
Total: 1,464.33
204387 4/19/2022 013410 OJEDA, MARIE 001358-0106 REFUNDABLE DEPOSIT 4,700.00 Total: 4,700.00
204388 4/19/2022 013518 OLIVARES, EDUARDO 67890 08-004874 SPECIAL NEEDS CELEBRATION 555.00 Total: 555.00
204389 4/19/2022 012411 PALI MOUNTAIN RETREAT 08402-A 08-004835 SPRING YOUTH CAMPING TRIP 2022 7,118 .00 Total: 7,118.00
204390 4/19/2022 012548 PARKING COMPANY OF AMERICA INVM0016467 06-009165 FIXED ROUTE TRANSIT 88,132 .04 Total: 88,132.04
204391 4/19/2022 012486 PEREZ, JAVIER ARMANDO 012486-033122 08-004784 YOUTH LATIN DANCE- INSTRUCTOR 2,512.00 Total: 2,512.00
204392 4/19/2022 004854 PETTY CASH- FINANCE 004854-033122 REPLENISH PETTY CASH BOX 420.91 Total: 420.91
Page: 11
City Council Regular Meeting - Page 19 of 192
vchlist Check List Page: 12
04/13/2022 4:36:54PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 204393 4/19/2022 000427 PETTY CASH-C.M.O. 000427 -040622 REPLENISH PETTY CASH BOX 596.84 Total: 596.84
204394 4/19/2022 008664 PINS ADVANTAGE 2103 05-001884 CERTIFICATE OF INSURANCE 125.00 Total : 125.00
204395 4/19/2022 010609 PIONEER MANUFACTURING, COMPANY INV830462 08-004844 LYNWOOD CITY PARK BASEBALL 2,899.51 Total: 2,899.51
204396 4/19/2022 006281 PROFESSIONAL SECURITY, IN000118320 08-004736 PRIVATE RENTAL SECURITY 308.45 IN000118321 08-004736 PRIVATE RENTAL SECURITY 307.68
IN000118449 08-004700 SECURITY SERVICES 10,515.09
IN000118450 06-009232 SECURITY SERVICES 1,862.11
IN000118477 06-009232 SECURITY SERVICES 1,612.24
INV000118476 08-004700 SECURITY SERVICES 10,567.96
Total : 25,173.53
204397 4/19/2022 001313 QUINONEZ, MARIA 001313-033122 ELECTRONIC/MEDIA-AUTO EXPENSES 3/2022 500.00 001 313-043022 ELECTRONIC/MEDIA-AUTO EXPENSES 4/2022 500.00 Total: 1,000.00
204398 4/19/2022 009571 RAMON'S LINEN 02261 08-004778 LINEEN RENTAL FOR VARIOUS EVENTS 306.00 Total: 306.00
204399 4/19/2022 005067 ROADLINE 17334 06-009226 SUPPLIES, PARTS & PAINT FOR PAVEMENT 1,119.59 Total: 1,119.59
204400 4/19/2022 005067 ROADLINE 17250 06-009226 SUPPLIES, PARTS & PAINT FOR PAVEMENT 115.76 Total: 115.76
204401 4/19/2022 012506 RUBIO, VICTOR HUGO 03302200043022 08-004875 SPECIAL NEEDS CELEBRATION 745.00 Total : 745.00
204402 4/19/2022 006772 SEA CLEAR POOL, INC. 22-2950 06-009171 POOL MAINTENANCE 317.17 22-2963 06-009171 POOL MAINTENANCE 1,895.00
22-3053 06-009171 POOL MAINTENANCE 328.58
Total: 2,540.75
Page: 12
City Council Regular Meeting - Page 20 of 192
vchlist Check List Page: 13
04/13/2022 4:36:54PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 204403 4/19/2022 007558 SUBSTANCES CONTROL, DEPARTMENT 19580 11-002073 ENVIRONMENTAL MONITORING 675.44 Total : 675.44
204404 4/19/2022 008895 SWA GROUP 187287 06-009110 PLANS, SPECIFICATIONS AND ESTIMATE 1,055.48 Total: 1,055.48
204405 4/19/2022 002938 TAJ OFFICE SUPPLY 00940 08-004742 COPY PAPER FOR RECREATION 859.95 01015 06-009218 OFFICE & OPERATING SUPPLIES 82.99
01046 08-004883 OFFICE & OPERATING SUPPLIES 475.22
01068 11-001986 PRINTING SERVICES 525.23
Total: 1,943.39
204406 4/19/2022 013367 TANNER LLC SIN028185 01-001668 ARPA ADMINISTRATION CONSUL Tl NG 2,000.00 Total: 2,000.00
204407 4/19/2022 008811 TARGET SPECIAL TY PRODUCTS I NVP5007 417 80 06-009417 ROUNDUP PRO CONCRETE 6,656 .51 Total: 6,656 .51
204408 4/19/2022 013215 THE HOME DEPOT PRO SUPPLY WORK 675671556 06-009297 MATERIALS & SUPPLIES 17.51 675909519 06-009140 MATERIALS & SUPPLIES 381 .82
676098965 06-009297 MATERIALS & SUPPLIES 1,195.03
676098965-A 06-009140 MATERIALS & SUPPLIES 1,050.00
676975717 06-009140 MATERIALS & SUPPLIES 220.71
677186561 06-009297 MATERIALS & SUPPLIES 59.49
677193658 06-009140 MATERIALS & SUPPLIES 60.53
677223125 06-009140 MATERIALS & SUPPLIES 52.57
Total : 3,037.66
204409 4/19/2022 000067 THYSSENKRUPP ELEVATOR CORP 3006539418 06-009174 MAINTENANCE & LOAD TEST 1,279.38 Total: 1,279.38
204410 4/19/2022 004179 TIERRA WEST ADVISORS, LLC LY-0122 11-002062 INTERIM DIRECTOR COMM DEVELOPMEN 22,275.00 LY-0222 11-002062 INTERIM DIRECTOR COMM DEVELOPMENT 19,125.00 Total: 41,400.00
204411 4/19/2022 012294 TRANSTECH ENGINEERS, INC. 20214961 06-009392 INSPECTION SERVICES 887.50 Total : 887.50
Page: 13
City Council Regular Meeting - Page 21 of 192
vchlist Check List Page: 14
04/13/2022 4:36:54PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 204412 4/19/2022 000166 UNDERGROUND SERVICE ALERT/SC 320220416 06-009176 UNDERGROUND SERVICE ALERT 290.50 dsb20210798 06-009176 UNDERGROUND SERVICE ALERT 73.91
Total: 364.41
204413 4/19/2022 009742 UNIFIRST CORPORATION 3242699150 06-009153 UNIFORM SERVICE AND SUPPLIES 10.72 3242699151 06-009153 UNIFORM SERVICE AND SUPPLIES 59.40 3242699152 06-009153 UNIFORM SERVICE AND SUPPLIES 52.42 3242699153 06-009153 UNIFORM SERVICE AND SUPPLIES 83.71 3242699154 06-009153 UNIFORM SERVICE AND SUPPLIES 79.17 3242699155 06-009153 UNIFORM SERVICE AND SUPPLIES 78.14 3242702596 06-009153 UNIFORM SERVICE AND SUPPLIES 10.72 3242702597 06-009153 UNIFORM SERVICE AND SUPPLIES 59.40 3242702598 06-009153 UNIFORM SERVICE AND SUPPLIES 52.42 3242702599 06-009153 UNIFORM SERVICE AND SUPPLIES 73.11 3242702600 06-009153 UNIFORM SERVICE AND SUPPLIES 79.17 3242702601 06-009153 UNIFORM SERVICE AND SUPPLIES 78.14 Total: 716.52
204414 4/19/2022 002912 WATERLINE TECHNOLOGIES,INC 5573023 06-009154 OPERATING SUPPLIES 265.15 5573024 06-009154 OPERATING SUPPLIES 295.75
5573025 06-009154 OPERATING SUPPLIES 254.95
5573973 06-009154 OPERATING SUPPLIES 265.15
5573974 06-009154 OPERATING SUPPLIES 305.94
5573976 06-009154 OPERATING SUPPLIES 469.11
Total : 1,856.05
204415 4/19/2022 009100 WATERWORKS TECHNOLOGY,INC. 6823 06-009433 WATER AND SEWER UTILITIES 34,700.00 Total: 34,700.00
204416 4/19/2022 000057 WILLDAN ENGINEERING 00334742 06-009445 PROJECT MGMT- HAM PARK 12,062.00 00334906 06-009445 PROJECT MGMT- HAM PARK 9,472.00
00335488 06-009445 PROJECT MGMT- HAM PARK 11,248.00
00335600 06-009445 PROJECT MGMT- HAM PARK 8,880.00
Total: 41,662.00
204417 4/19/2022 007609 WILLDAN FINANCIAL SERVICES 010-51048 02-002579 INTERIM FINANCE DIRECTOR 14,400.00 Total: 14,400.00
Page: 14
City Council Regular Meeting - Page 22 of 192
vchlist
04/14/2022
Bank code :

Voucher
204418
204419
204420
204421
9:59:04AM
apbank
Date Vendor
4/19/2022 010249 SHIPE, SHANELL
4/19/2022 000163 SOUTHERN CALIFORNIA EDISON
4/19/2022 000164 THE GAS CO.
4/19/2022 008657 WASTE RESOURCES, INC.
85 Vouchers for bank code : apbank
Check List
City of Lynwood
Invoice
010249-040322-1
700171847668
097 401 1456 7
008657-022822
PO#
11-002079
11-002080
02-002588
Page:

Description/Account

REIMB-TRAVEL EXPENSE
Total:
15 Amount
172.75
172.75
COVID-19 EMERGENCY HOUSING & UTILITY 168.95
Total: 168.95
COVID-19 EMERGENCY HOUSING & UTILITY 612.87
Total:

RUBBISH PROPERTY TAX
Total:

Bank total:
612.87
56,947.98
56,947.98
679,089.03
Page: 15
City Council Regular Meeting - Page 23 of 192
Agenda Item # 9.

AGENDA STAFF REPORT
DATE:

April 19, 2022

TO:

Honorable Mayor and Members of the City Council

APPROVED BY:

Ernie Hernandez, City Manager

PREPARED BY:

Maria Quinonez, City Clerk
Nancy Blinzler, Office Assistant to City Clerk

SUBJECT:

CITY CLERK'S QUARTERLY REPORT
Recommendation:

Background:

City Clerk's office has developed a database to assist the tracking processes involving all ordinances, resolutions, agreements, and meeting minutes of City Council and other agency meetings.

Discussion and Analysis:

Informational.

Fiscal Impact:

N/A
Coordinated With:

City Clerk Staff.

City Council Regular Meeting - Page 24 of 192
ATTACHMENTS:

Description
City Clerk's Quarterly Report
City Council Regular Meeting - Page 25 of 192
Monday, April 11, 2022
1:25:36 PM
City Clerk's Office - Access Database
City Clerk's Quarterly Report
City Council Actions
01/01/2022 - 03/31/2022
Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status Resolution and Agreement or Contract
1/4/2022
2514

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 RESOLUTION NO. 2022.003 and
Tierra West Advisors Agreement
14 Approved and Adopted
City Council Regular Meeting
Consent Calendar
CM

AN AGREEMENT WITH TIERRA WEST ADVISORS TO PROVIDE INTERIM SERVICES FOR THE VACANT DIRECTOR OF COMMUNITY

DEVELOPMENT POSITION
Contract Amount:
$170,000.00
1/4/2022
2515

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
RESOLUTION NO. 2022.004 and
Willdan Agreement
15 Approved and Adopted
City Council Regular Meeting
Consent Calendar
CM
Professional Services Agreement with Willdan to provide interim services to fill the vacant Director position in the Finance department
Contract Amount:
$170,000.00
1/18/2022
2529

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING AN AMENDMENT

TO THE PROFESSIONAL SERVICES AGREEMENT WITH PAGEANRTY PARADES ADJUSTING THE TOTAL CONTRACT AMOUNT FROM $70,000 TO $71,600 AND AUTHORIZING PAYMENT OF SERVICES PROVIDED FOR THE DECEMBER 15, 2021 SANTA’S NEIGHBORHOOD VISITS PROGRAM RESOLUTION NO. 2022.008 and First
Amendment to Pageantry Parades
Agreement11
Approved and Adopted
City Council Regular Meeting
Consent Calendar
REC
First amendment to Security Service Agreement with Pageantry Parades to produce the city’s annual Christmas parade and supporting activities.

Contract Amount:
$71,600.00
1/18/2022
2535

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AWARDING AN AGREEMENT

TO INFRASTRUCTURE ENGINEERS TO PROVIDE CONSTRUCTION MANAGEMENT AND INSPECTION SERVICES IN THE AMOUNT $371,056 FOR THE LYNWOOD URBAN BIKE TRAIL (4011.68.046 AND 4011.68.084) AND TO WILLDAN ENGINEERING TO PROVIDE CONSTRUCTION

MANAGEMENT AND INSPECTION SERVICES FOR THE FERNWOOD AVENUE PARK PROJECT IN THE AMOUNT OF $377,488 (4011.68.037)
RESOLUTION NO. 2022.013 and
Separate Agreements with
Infrastructure Engineers and
Willdan Engineering
17 Approved and Adopted
City Council Regular Meeting
New/Old Business
PW
Professional Services Agreement with Infrastructure Engineers to provide construction management and inspection services for the Lynwood Urban Bike Trail to Infrastructure Engineers and construction management and inspection services for the Fernwood Avenue Park Project to Willdan Engineering
Contract Amount:
$748,544.00
2/1/2022
2566

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE MAYOR OR

DESIGNEE TO ENTER INTO AND SIGN A DEVELOPMENT AGREEMENT WITH SIFI NETWORKS TO

BUILD A CITYWIDE FIBER OPTIC NETWORK
RESOLUTION NO. 2022.020; SiFi
Networks Agreement and
Cooperative
Agreement between the Lynwood
Unified School District and City
14 Approved and Adopted
City Council Regular Meeting New/Old Business
IT
A DEVELOPMENT AGREEMENT WITH SIFI NETWORKS TO BUILD A CITYWIDE FIBER OPTIC NETWORK Contract Amount:
$0.00
2/1/2022
2567

A RESOLUTION OF THE LYNWOOD CITY COUNCIL AUTHORIZING STAFF TO DESIGNATE SPACE AT

LYNWOOD CITY PARK FOR A FARMERS MARKET AND TO NEGOTIATE AND ENTER INTO AN

AGREEMENT WITH HUNGER ACTION LOS ANGELES AND VEN-A-VER EVENTS TO PRODUCE A FARMERS MARKET LOCATED AT LYNWOOD CITY PARK 11301 BULLIS ROAD RESOLUTION NO. 2022.021 and AN

AGREEMENT WITH HUNGER ACTION

LOS ANGELES AND VEN-A-VER
EVENTS
15 Approved and Adopted
City Council Regular Meeting
New/Old Business
REC
Negotiate an agreement with Hunger Action Los Angeles & Ven-A-Ver Events to produce and operate a Farmer's Market Contract Amount:
$0.00

Page 1 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 2/1/2022
2568

A RESOLUTION OF THE CITY COUNCIL AWARDING A CONTRACT TO LOS ANGELES ENGINEERING, INC. FOR THE LYNWOOD URBAN BIKE TRAIL PROJECT (CIP NOS. 4011.68.046 AND 4011.68.084) IN THE AMOUNT NOT TO EXCEED $5,340,000; AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENT; AUTHORIZING AN APPROPRIATION FOR FY22 AND FY23 IN THE AMOUNT OF $2,000,000 FROM PROPOSITION C (FUND 2351) AND $291,156 FROM MEASURE M (FUND 2350) FOR THE URBAN GREENING-BIKE TRAIL (4011.68.046); AND APPROPRIATION OF $497,504 FROM MEASURE M BONDS FOR THE BIKE TRAIL EXTENSION (4011.68.084) RESOLUTION NO. 2022.022 and
Contract to Los Angeles Engineering,
Inc.16
Approved and Adopted
City Council Regular Meeting
New/Old Business
PW
A CONTRACT TO LOS ANGELES ENGINEERING, INC. FOR THE LYNWOOD URBAN BIKE TRAIL PROJECT (CIP NOS. 4011.68.046 AND 4011.68.084)
Contract Amount:
$5,340,000.00
2/1/2022
2569

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD MAKING A FINDING OF NON- RESPONSIBILITY FOR UNITED CONSTRUCTION and LANDSCAPE, INC. FOR THE FERNWOOD AVENUE PARK PROJECT –RMC GRANT (CIP 4011.68.037) AND A RESOLUTION OF THE CITY COUNCIL AWARDING A CONTRACT TO CALIFORNIA LANDSCAPE and DESIGN INC. IN THE AMOUNT OF $2,385,294.70 FOR THE FERNWOOD AVENUE PARK PROJECT–RMC GRANT (CIP 4011.68.037); AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENT; AUTHORIZING AN APPROPRIATION IN THE AMOUNT OF $359,000 FROM MEASURE R (FUND 2352) AND $333,000 FROM LEASE REVENUE BOND (FUND 9053) FOR THE PROJECT.

RESOLUTION NO. 2022.023,
RESOLUTION NO.2022.024 and
CALIFORNIA LANDSCAPE and
DESIGN INC Contract
17 Approved and Adopted
City Council Regular Meeting
New/Old Business
PW
A CONTRACT WITH CALIFORNIA LANDSCAPE AND DESIGN INC. FOR THE FERNWOOD AVENUE PARK PROJECT–RMC GRANT (CIP 4011.68.037)
Contract Amount:
$2,385,294.70
2/15/2022
2580

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE RENEWAL OF

THE GENERAL SERVICES AGREEMENT WITH THE COUNTY OF LOS ANGELES AN AUTHORIZING

THE MAYOR TO EXECUTE THE AGREEMENT
RESOLUTION NO. 2022.028 And
General Services Agreement With
County of Los Angeles14
Approved and Adopted
City Council Regular Meeting Consent Calendar
CM
General Services Agreement With County of Los Angeles that allows the City to contract with the County for miscellaneous services upon request.

Contract Amount:
$0.00
2/15/2022
2584

A RESOLUTION OF THE CITY COUNCIL APPROVING A SPONSOR AGREEMENT WITH CALIFORNIA CONSERVATION CORPS TO WORK ON THE FERNWOOD AVANUE PARK PROJECT (4011.68.037) PROVIDING 480 LABOR HOURS AT A RATE OF $24 PER HOUR
RESOLUTION NO. 2022.031 and

CALIFORNIA CONSERVATION CORPS
Sponsor Agreement19
Approved and Adopted
City Council Regular Meeting Consent Calendar
PW
A Sponsor Agreement with CALIFORNIA CONSERVATION CORPS to use a minimum of 480 labor hours at a rate of $24 per hour by providing a crew of 12 along with a supervisor.

Contract Amount:
$11,520.00
2/15/2022
2587

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AWARDING A CONTRACT TO

CIVICPLUS TO REDESIGN THE CITY'S WEBSITE AND PROVIDE HOSTING SERVICES AND

AUTHORIZING THE MAYOR OR DESIGNEE TO SIGN THE CONTRACT
RESOLUTION NO. 2022.033 and

CIVICPLUS CONTRACT
21 Approved and Adopted
City Council Regular Meeting New/Old Business
IT

A CONTRACT TO CIVICPLUS, LLC TO REDESIGN THE CITY'S WEBSITE DEVELOPMENT, PROVIDE HOSTING SERVICES AND

MAINTENANCE SERVICES
Contract Amount:
$50,000.00
2/15/2022
2588

A RESOLUTION OF THE LYNWOOD CITY COUNCIL APPROVING AN AGREEMENT WITH THE LOS ANGELES DODGERS FOUNDATION FOR THE 2022 DODGERS DREAMTEAM LYNWOOD YOUTH

BASEBALL & SOFTBALL PROGRAM
RESOLUTION NO. 2022.034 AND

LOS ANGELES DODGERS
FOUNDATION AGREEMENT22
Approved and Adopted
City Council Regular Meeting New/Old Business
REC
AN AGREEMENT WITH THE LOS ANGELES DODGERS FOUNDATION FOR THE 2022 DODGERS DREAMTEAM LYNWOOD YOUTH

BASEBALL & SOFTBALL PROGRAM
Contract Amount:
$39,690.00
3/1/2022
2601

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AWARDING A CONTRACT TO INTERNATIONAL LINE BUILDERS, INC., IN THE AMOUNT OF $295,350.00 FOR THE HSIP CYCLE 5 -

MARTIN LUTHER KING JUNIOR BOULEVARD FROM ALVADA STREET TO BENWELL DRIVE IMPROVEMENT PROJECT, PROJECT NO. 4011.68.035; AUTHORIZING AN APPROPRIATION IN THE AMOUNT OF $65,886 FROM SB1 (FUND 2121) FOR THE PROJECT AND REDUCING THE PROJEC BUDGET OF TRAFFIC SAFETY PROJECT (CIP NO. 4011.68.107) TO MAKE THE APPROPRIATION RESOLUTION NO. 2022.037 And A

CONTRACT TO INTERNATIONAL LINE
BUILDERS, INC11
Approved and Adopted
City Council Regular Meeting
Consent Calendar
PW
A CONTRACT TO INTERNATIONAL LINE BUILDERS, INC FOR THE HSIP CYCLE 5 - MARTIN LUTHER KING JUNIOR BOULEVARD FROM ALVADA STREET TO BENWELL DRIVE IMPROVEMENT PROJECT, PROJECT NO. 4011.68.035 Contract Amount:
$295,350.00

Page 2 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 3/15/2022
2618

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE CITY

MANAGER TO ENTER INTO A COST SHARING COOPERATIVE AGREEMENT WITH THE CITY OF

COMPTON, INCLUDING ANY NECESSARY AMENDMENTS THERETO, FOR DESIGN,

CONSTRUCTION ENGINEERING AND INSPECTION, PROJECT MANAGEMENT AND

ADMINISTRATION OF THE STREET IMPROVEMENT OF STONEACRE AVENUE FROM CARLIN

AVENUE TO MCMILLAN STREET AND MCMILLAN STREET FROM STONEACRE AVENUE TO ATLANTIC AVENUE FOR AN ESTIMATED TOTAL CONTRACT AMOUNT OF $1,026,212; TO

APPROVE THE REDUCTION OF THE PROJECT BUDGETS ON CERTAIN CAPITAL IMPROVEMENT PROJECTS TO RELEASE UNSPENT BUDGET TO MEASURE M BOND (FUND 2357); TO APPROPRIATE FUNDS FROM MEASURE M BOND IN THE AMOUNT OF $1,026,212 FOR

STONEACRE AVENUE AND MCMILLAN STREET IMPROVEMENT PROJECT FOR WHICH UP TO $559,379 OF THE TOTAL COST WILL BE REIMBURSED BY THE CITY OF COMPTON FOR ITS FAIR

SHARE OF THE COST
RESOLUTION NO. 2022.047 And

COOPERATIVE AGREEMENT WITH
CITY OF COMPTON12
Approved and Adopted
City Council Regular Meeting
Consent Calendar
PW

COOPERATIVE AGREEMENT FOR STONEACRES AVENUE AND MCMILLAN STREET IMPROVEMENTS BETWEEN THE CITY OF LYNWOOD

AND THE CITY OF COMPTON
Contract Amount:
$466,832.81
3/15/2022
2619

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING A PROFESSIONAL

SERVICES AGREEMENT WITH CARNEY MEHR, A LEGAL CORPORATION, IN THE AMOUNT OF $25,000 FOR CONTINUED LEGAL SERVICES CONCERNING LABOR AND EMPLOYMENT RELATIONS

MATTERS
RESOLUTION NO. 2022.048 and A

PROFESSIONAL SERVICES
AGREEMENT WITH CARNEY MEHR13
Approved and Adopted
City Council Regular Meeting
Consent Calendar
HR
PROFESSIONAL SERVICES AGREEMENT WITH Carney Mehr, a Legal Corporation to assist the City and its Human Resources/Risk Management Department with labor and employee relations issues Contract Amount:
$25,000.00
3/15/2022
2622

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE MAYOR TO

AMEND THE AGREEMENT WITH MUNISERVICES, LLC TO INCLUDE TRANSACTION AND USE TAX

LANGUAGE AS REQUIRED BY THE CALIFORNIA DEPARTMENT OF TAX AND FEE ADMINISTRATION

AND A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE

EXAMINATION OF SALES OR TRANSACTIONS AND USE TAX RECORDS RESOLUTION NO. 2022.051 AND
RESOLUTION NO. 2022.052 AND

FIRST AMENDMENT TO

MUNISERVICES, LLC CONTRACT
16 Approved and Adopted
City Council Regular Meeting
Consent Calendar
FIN
FIRST AMENDMENT TO SERVICES AGREEMENT BETWEEN CITY OF LYNWOOD, CALIFORNIA AND MUNISERVICES, LLC to conduct ongoing auditing, reporting, monitoring and analyses services of the City’s property tax, sales/use tax and utility users tax (specific to AB 1717) revenues.

Contract Amount:
$50,000.00
16Total
Resolution
1/4/2022
2517

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
N/A
17 Tabled
City Council Regular Meeting
New/Old Business
PW

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 and print and mail of Prop 218 notices Contract Amount:
$22,000.00
1/4/2022
2508

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ALLOWING AND APPROVING THE DEMANDS AND WARRANTS REGISTER DATED DECEMBER 22, 2021 RESOLUTION NO. 2022.001
08 Approved and Adopted
City Council Regular Meeting Consent Calendar
FIN
Contract Amount:
1/4/2022
2512

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 RESOLUTION NO. 2022.002
12 Approved and Adopted
City Council Regular Meeting
Consent Calendar
CD
Contract Amount:

Page 3 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 1/4/2022
2516

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 RESOLUTION NO. 2022.005
16 Approved and Adopted
City Council Regular Meeting
New/Old Business
IT
Contract Amount:
1/4/2022
2521

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF LOS ANGELES,

STATE OF CALIFORNIA, AS SUCCESSOR TO THE LYNWOOD REDEVELOPMENT AGENCY

APPROVING THE RECOGNIZED OBLIGATION PAYMENT SCHEDULE COVERING THE PERIOD OF JULY 1, 2022 TO JUNE 30, 2023 AND ADOPTING THE ADMINISTRATIVE BUDGET RESOLUTION NO. 2022.001
06 Approved and Adopted
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar
FIN
Contract Amount:
1/4/2022
2522

A RESOLUTION OF THE LYNWOOD HOUSING AUTHORITY ALLOWING AND APPROVING THE DEMANDS AND WARRANTS REGISTER DATED JANUARY 4, 2022
RESOLUTION NO. 2022.001
04 Approved and Adopted
Lynwood Housing Authority Meeting Consent Calendar
FIN
Contract Amount:
1/18/2022
2526

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ALLOWING AND APPROVING THE DEMANDS AND WARRANTS REGISTER DATED JANUARY 18, 2022 RESOLUTION NO. 2022.006
08 Approved and Adopted
City Council Regular Meeting Consent Calendar
FIN
Contract Amount:
1/18/2022
2527

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, APPROVING THE TREASURER’S STATEMENT OF INVESTMENT POLICY RESOLUTION NO. 2022.007
09 Approved and Adopted
City Council Regular Meeting Consent Calendar
CT
Contract Amount:
1/18/2022
2530

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AMENDING THE FISCAL YEAR 2021-22 CAPITAL IMPROVEMENT PROGRAM BUDGET AS FOLLOWS: 1) INCLUDE ALVADA

STREET, SAN CARLOS AVENUE, SAN JUAN AVENUE, SAN LUIS AVENUE, SAN VICENTE AVENUE AND THORSON AVENUE STREET AND SIDEWALK IMPROVEMENT PROJECT (CIP NO. 4011.68.103); PRIORITY 2 STREET IMPROVEMENT PROJECT (CIP NO. 4011.68.104); AND TRAFFIC SAFETY ENHANCEMENT PROJECT (CIP NO. 4011.68.105); 2) INCREASE THE BUDGET FOR PRIORITY 2 STREETS (CIP NO. 4011.68.104) IN THE AMOUNT OF $334,332 USING THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT FUNDING; 3)

CORRECT THE EXPENDITURE LINE ITEM ERROR FOR THE NEW TRAFFIC SIGNAL AT LONG BEACH BOULEVARD AND LOUISE STREET PROJECT (CIP NO. 4011.68.038); 4) ADDING A NEW PROJECT ENTITLED WELL 11 ASSESSMENT AND DRINKING WATER IMPROVEMENT PROJECT; AND 5)

ADDING A NEW PROJECT ENTITLED CITY PARK MEGA PLAYGROUND PROJECT RESOLUTION NO. 2022.009
12 Approved and Adopted
City Council Regular Meeting
Consent Calendar
PW
Contract Amount:
1/18/2022
2531

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE MAYOR OR

DESIGNEE TO SIGN LETTER OF INTEREST WITH CIOPROUSA TO PROVIDE A NO-COST IT DIGITAL

DIVIDE WI-FI SOLUTION PILOT DESIGN FOR THE CITY OF LYNWOOD RESOLUTION NO. 2022.010
13 Approved and Adopted
City Council Regular Meeting Consent Calendar
IT
Contract Amount:
1/18/2022
2532

A RESOULTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD PROCLAIMING A LOCAL

EMERGENCY, RATIFYING THE PROCLAMATION OF A STATE OF EMERGENCY BY GOVERNOR

NEWSOM, FINDING THAT THE PROCLAIMED STATE OF EMERGENCY CONTINUES TO IMPACT THE

ABILITYTO MEET SAFELY IN PERSON, AND DECLARING THAT THE CITY COUNCIL AND CITY

COMMISSIONS AND COMMITTEES WILL COTINUE TO MEET REMOTELY IN ADHERENECE WITH AB 361 IN ORDER TO ENSURE THE HEALTH AND SAFETY OF THE PUBLIC RESOLUTION NO. 2022.011
14 Approved and Adopted
City Council Regular Meeting
Consent Calendar
CA
Contract Amount:

Page 4 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 1/18/2022
2534

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, AUTHORIZING THE SUBMITTAL OF LYNWOOD’S 2021-2029 DRAFT

HOUSING ELEMENT TO THE STATE DEPARTMENT OF HOUSING AND COMMUNITY

DEVELOPMENT (HCD) FOR ITS FINAL REVIEW
RESOLUTION NO. 2022.012
16 Approved and Adopted
City Council Regular Meeting
New/Old Business
CD
Contract Amount:
1/18/2022
2536

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ADOPTING THE FIVE YEAR

CAPITAL IMPROVEMENT PLAN
RESOLUTION NO. 2022.014
18 Approved and Adopted
City Council Regular Meeting New/Old Business
PW
Contract Amount:
1/18/2022
2539

A RESOLUTION OF THE SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY ALLOWING AND APPROVING THE DEMANDS AND WARRANTS REGISTER DATED JANUARY 18, 2022
RESOLUTION NO. 2022.002
04 Approved and Adopted
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar FIN
Contract Amount:
1/18/2022
2540

A RESOLUTION OF THE CITY AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY APPROVING THE TREASURER’S INVESTMENT POLICY STATEMENT RESOLUTION NO. 2022.003
05 Approved and Adopted
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar CT
Contract Amount:
1/18/2022
2542

A RESOLUTION OF THE LYNWOOD HOUSING AUTHORITY ALLOWING AND APPROVING THE DEMANDS AND WARRANTS REGISTER DATED JANUARY 18, 2022
RESOLUTION NO. 2022.002
04 Approved and Adopted
Lynwood Housing Authority Meeting Consent Calendar
FIN
Contract Amount:
1/18/2022
2543

A RESOLUTION OF THE LYNWOOD PUBLIC FINANCE AUTHORITY OF THE CITY OF LYNWOOD APPROVING THE TREASURER’S STATEMENT OF INVESTMENT POLICY RESOLUTION NO. 2022.001
05 Approved and Adopted
Lynwood Public Financing Authority Meeting Consent Calendar CT
Contract Amount:
2/1/2022
2560

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ALLOWING AND APPROVING THE DEMANDS AND WARRANTS REGISTER DATED FEBRUARY 1, 2022 RESOLUTION NO. 2022.015
08 Approved and Adopted
City Council Regular Meeting Consent Calendar
FIN
Contract Amount:
2/1/2022
2562

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD FINDING THAT A PUBLIC

PURPOSE IS SERVED BY APPROVING THE DONATION AND TRANSFER OF OWNERSHIP OF A CITY-

OWNED VEHICLE TO THE LYNWOOD PARTNERS EDUCATIONAL FOUNDATION FOR A PUBLIC CAR

RAFFLE TO BENEFIT SCHOLARSHIPS FOR LYNWOOD STUDENTS
RESOLUTION NO. 2022.016
10 Approved and Adopted
City Council Regular Meeting
Consent Calendar
REC
Contract Amount:
2/1/2022
2563

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING AN APPROPRIATION OF $10,000 FROM THE GENERAL FUND TO THE CITY COUNCIL SPECIAL PROGRAMS/ACTIVITIES ACCOUNT (1011.10.101.67960) FOR FY22 AND BUDGET AMENDMENT OF $10,000 FOR FY23 TO ALLOW COORDINATION OF THE MAYOR'S CLEAN-UP INITIATIVE AND

EXISITING CITY CLEAN-UP EVENTS, AND THE RESCHEDULING OF THE CLEAN-UP EVENTS FROM

MONTHLY EVENTS TO QUARTERLY EVENTS
RESOLUTION NO. 2022.017
11 Approved and Adopted
City Council Regular Meeting
Consent Calendar
CM
Contract Amount:

Page 5 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 2/1/2022
2564

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD RESERVING AND

APPROPRIATING CORONAVIRUS LOCAL FISCAL RECOVERY FUNDS AWARDED TO THE CITY OF LYNWOOD UNDER THE AMERICAN RESCUE PLAN ACT OF 2021 (ARPA) RESOLUTION NO. 2022.018
12 Approved and Adopted
City Council Regular Meeting Consent Calendar
CM
Contract Amount:
2/1/2022
2565

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD CONSENTING TO ADOPT AND

RATIFY THIS RESOLUTION ON THE SUBMITTAL OF THE NOTIFICATION OF INTENT TO COMPLY PURSUANT TO SB 619
RESOLUTION NO. 2022.019
13 Approved and Adopted
City Council Regular Meeting Consent Calendar
PW
Contract Amount:
2/1/2022
2571

A RESOLUTION OF THE SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY ALLOWING AND APPROVING THE DEMANDS AND WARRANTS REGISTER DATED FEBUARY 1, 2022
RESOLUTION NO. 2022.004
04 Approved and Adopted
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar FIN
Contract Amount:
2/1/2022
2573

A RESOLUTION OF THE LYNWOOD HOUSING AUTHORITY ALLOWING AND APPROVING THE DEMANDS AND WARRANTS REGISTER DATED FEBRUARY 1, 2022
RESOLUTION NO. 2022.003
04 Approved and Adopted
Lynwood Housing Authority Meeting Consent Calendar
FIN
Contract Amount:
2/15/2022
2575
A RESOLUTION City Council of the City of Lynwood approve the warrant register dated February 15, 2022
RESOLUTION NO. 2022.025
08 Approved and Adopted
City Council Regular Meeting Consent Calendar
FIN
Contract Amount:
2/15/2022
2578

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, APPROVING THE

PUBLICATION OF NOTICE OF STALE DATED CHECKS AND TRANSFER OF UNCLAIMED FUNDS TO

THE GENERAL FUND REVENUE ACCOUNT
RESOLUTION NO. 2022.026
11 Approved and Adopted
City Council Regular Meeting Consent Calendar
FIN
Contract Amount:
2/15/2022
2585

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING APPROVAL OF A

POLICY FOR THE DISCONTINUATION OF RESIDENTIAL WATER SERVICE IN COMPLIANCE WITH SB 998
RESOLUTION NO. 2022.027
12 Approved and Adopted
City Council Regular Meeting Consent Calendar
PW
Contract Amount:
2/15/2022
2586

A RESOLUTION OF THE CITY COUNCIL AND THE CITY OF LYNWOOD AMENDING ITS

CLASSIFICATION PLAN AND SALARY SCHEDULE TO INCLUDE THE SENIOR BUILDING

INSPECTOR/ASSISTANT BUILDING OFFICIAL CLASSIFICATION
RESOLUTION NO. 2022.029
16 Approved and Adopted
City Council Regular Meeting Consent Calendar
HR
Contract Amount:
2/15/2022
2596

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING SUBMITTAL OF

APPLICATION(S) FOR ALL CALREYCLE GRANTS FOR WHICH THE CITY OF LYNWOOD IS ELIGIBLE RESOLUTION NO. 2022.032
20 Approved and Adopted
City Council Regular Meeting Consent Calendar
PW
Contract Amount:

Page 6 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 2/15/2022
2591

A RESOLUTION OF THE LYNWOOD HOUSING AUTHORITY ALLOWING AND APPROVING THE DEMANDS AND WARRANTS REGISTER DATED FEBRUARY 15, 2022
RESOLUTION NO. 2022.004
04 Approved and Adopted
Lynwood Housing Authority Meeting Consent Calendar
FIN
Contract Amount:
3/1/2022
2598

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ALLOWING AND APPROVING THE DEMANDS AND WARRANTS REGISTER DATED MARCH 1, 2022
RESOLUTION NO. 2022.035
08 Approved and Adopted
City Council Regular Meeting Consent Calendar
FIN
Contract Amount:
3/1/2022
2600
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING PARCEL MAP NO. 77098 (TPM 2017-01)
RESOLUTION NO. 2022.036
10 Approved and Adopted
City Council Regular Meeting Consent Calendar
PW
Contract Amount:
3/1/2022
2602
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ACCEPTING THE ATP CYCLE 2 –

COMMUNITY LINKAGES TO CIVIC CENTER AND LONG BEACH BOULEVARD MERTRO STATION IMPROVEMENT PROJECT (CIP NO. 4011.68.036) AS COMPLETE; AUTHORIZING THE FILING OF THE NOTICE OF COMPLETION WITH THE LOS ANGELES COUNTY RECORDER’S OFFICE AND THE RELEASE OF THE 5% RETENTION 35 DAYS AFTER THE ACCEPTANCE RESOLUTION NO. 2022.038
12 Approved and Adopted
City Council Regular Meeting
Consent Calendar
PW
Contract Amount:
3/1/2022
2603

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ACCEPTING THE STREET AND

SEWER REHABILITATION PROJECT AT CLARK STREET, HALO DRIVE, MILLRACE AVENUE, MINNESOTA AVENUE, AND PELLEUR STREET PROJECT NO. 4011.68.086 AS COMPLETE;

AUTHORIZING THE FILING OF THE NOTICE OF COMPLETION WITH THE LOS ANGELES COUNTY RECORDER’S OFFICE AND THE RELEASE OF THE 5% RETENTION 35 DAYS AFTER THE ACCEPTANCE RESOLUTION NO. 2022.039
13 Approved and Adopted
City Council Regular Meeting
Consent Calendar
PW
Contract Amount:
3/1/2022
2604

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE APPROPRIATION OF $50,000 IN ARPA FUNDING TO SUPPORT TECHNOLOGICAL UPGRADES TO

THE LYNWOOD SENIOR CENTER
RESOLUTION NO. 2022.040
14 Approved and Adopted
City Council Regular Meeting New/Old Business
REC
Contract Amount:
3/1/2022
2607
(1) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, CALIFORNIA, CALLING AND GIVING NOTICE OF THE HOLDING OF A MUNICIPAL ELECTION TO BE HELD ON TUESDAY, JUNE 7, 2022, FOR THE SUBMISSION TO THE VOTERS A MEASURE LIMITING THE NUMBER OF FOUR- YEAR TERMS THAT MAY BE SERVED BY MEMBERS OF THE LYNWOOD CITY COUNCIL; (2) A

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, CALIFORNIA, REQUESTING THE

BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES TO CONSOLIDATE A MUNICIPAL ELECTION TO BE HELD ON JUNE 7, 2022, WITH THE STATEWIDE PRIMARY ELECTION TO BE HELD ON THAT DATE PURSUANT TO § 10403 OF THE ELECTIONS CODE AND REQUEST TO PERFORM ELECTION SERVICES; (3) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE FORM OF THE ORDINANCE TO BE SUBMITTED TO THE VOTERS AT THE JUNE 7, 2022 ELECTION; AND (4) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD,

CALIFORNIA, SETTING PRIORITIES FOR FILING WRITTEN ARGUMENTS AND REBUTTALS REGARDING A CITY MEASURE FOR THE JUNE 7, 2022 LYNWOOD MUNICIPAL ELECTION AND

DIRECTING THE CITY ATTORNEY TO PREPARE AN IMPARTIAL ANALYSIS RESOLUTION NO. 2022.041,
RESOLUTION NO. 2022.042,
RESOLUTION NO. 2022.043,
RESOLUTION NO. 2022.044.
17 Approved and Adopted
City Council Regular Meeting
New/Old Business
CM
Contract Amount:

Page 7 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 3/1/2022
2610

A RESOLUTION OF THE LYNWOOD HOUSING AUTHORITY ALLOWING AND APPROVING THE DEMANDS AND WARRANTS REGISTER DATED MARCH 1, 2022 for FY 2021-2022 RESOLUTION NO. 2022.005
04 Approved and Adopted
Lynwood Housing Authority Meeting Consent Calendar
FIN
Contract Amount:
3/15/2022
2614
A Resolution of the City Council of the City of Lynwood approve the warrant register dated March 15, 2022 for FY 2021-2022.

RESOLUTION NO. 2022.045
08 Approved and Adopted
City Council Regular Meeting Consent Calendar
FIN
Contract Amount:
3/15/2022
2617
A Resolution Proclaiming a Local Emergency, Ratifying the Proclamation of a State of Emergency by Governor Newsom, Finding that the Proclaimed State of Emergency Continues to Impact the Ability to Meet Safely in Person, and Declaring that the City Council and City Commissions and Committees Will Continue to Meet Remotely in Adherence With AB 361 in Order to Ensure the Health and Safety of the Public
RESOLUTION NO. 2022.046
11 Approved and Adopted
City Council Regular Meeting
Consent Calendar
CA
Contract Amount:
3/15/2022
2620

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE PROJECTS FOR THE FISCAL YEAR 2022-23 ANNUAL PLAN FOR THE SAFE, CLEAN WATER PROGRAM; AND APPROVING THE APPROPRIATION AND AMENDMENT TO THE FY23 ADOPTED BUDGET RESOLUTION NO. 2022.049
14 Approved and Adopted
City Council Regular Meeting Consent Calendar
PW
Contract Amount:
3/15/2022
2621

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOD APPROVING THE

APPROPRIATION OF THE SAFE CLEAN WATER PROGRAM-REGIONAL PROGRAM GRANT FUNDS FOR FY22 AND FY23 TO A NEW CAPITAL IMPROVEMENT PROJECT ENTITLED LYNWOOD CITY

PARK STORMWATER CAPTURE PROJECT
RESOLUTION NO. 2022.050
15 Approved and Adopted
City Council Regular Meeting
Consent Calendar
PW
Contract Amount:
3/15/2022
2623

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AMENDING THE VENDOR PROCUREMENT LIST BY ADDING MAY TOOL IN THE AMOUNT NOT TO EXCEED $85,000, AND

APPROVING THE PURCHASE OF ELECTRONIC MESSAGE BOARDS IN THE AMOUNT NOT TO EXCEED $70,537.95
RESOLUTION NO. 2022.053
17 Approved and Adopted
City Council Regular Meeting
Consent Calendar
PW
VENDOR PROCUREMENT LIST BY ADDING MAY TOOLS IN THE AMOUNT NOT TO EXCEED $85,000 AND APPROVING THE PURCHASE OF ELECTRONIC MESSAGE BOARDS IN THE AMOUNT NOT TO EXCEED $70,537.9 Contract Amount:
$85,000.00
3/15/2022
2624

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE LYNWOOD 5K RUN/WALK PROGRAM AND APPROVING A TOTAL AMOUNT NOT TO EXCEED THE AMOUNT

ESTIMATED FOR THE OPTION SELECTED BY THE CITY COUNCIL TO SUPPORT THE PROGRAM RESOLUTION NO. 2022.054
18 Approved and Adopted
City Council Regular Meeting New/Old Business
REC
Contract Amount:
3/15/2022
2632
A Resolution of the Lynwood Housing Authority to approve the warrant register dated March 15, 2022 for FY 2021-2022.

RESOLUTION NO. 2022.006
04 Approved and Adopted
Lynwood Housing Authority Meeting Consent Calendar
FIN
Contract Amount:
44Total

Page 8 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status Report
1/4/2022
2511
FINANCIAL STATUS REPORT NOVEMBER 2021 FINANCIAL STATUS REPORT NOVEMBER 2021
11 Received and Filed
City Council Regular Meeting Consent Calendar
FIN
Contract Amount:
1/4/2022
2509

TREASURER'S QUARTERLY REPORT TREASURER'S QUARTERLY REPORT 09 Received and Filed
City Council Regular Meeting Consent Calendar
CT
Contract Amount:
1/4/2022
2510
TREASURER'S SPECIAL INVESTMENT REPORT FOR AUGUST - NOVEMBER 2021 TREASURER'S SPECIAL INVESTMENT

REPORT FOR AUGUST - NOVEMBER
202110
Received and Filed
City Council Regular Meeting Consent Calendar
CT
Contract Amount:
1/4/2022
2519
TREASURER'S QUARTERLY REPORT TREASURER'S QUARTERLY REPORT 04 Received and Filed
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar CT
Contract Amount:
1/4/2022
2525

TREASURER'S QUARTERLY REPORT TREASURER'S QUARTERLY REPORT 04 Received and Filed
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar CT
Contract Amount:
1/4/2022
2520
TREASURER'S SPECIAL INVESTMENT REPORT FOR AUGUST - NOVEMBER 2021 TREASURER'S SPECIAL INVESTMENT

REPORT FOR AUGUST - NOVEMBER
202105
Received and Filed
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar CT
Contract Amount:
1/4/2022
2523

TREASURER'S QUARTERLY REPORT TREASURER'S QUARTERLY REPORT 05 Received and Filed
Lynwood Public Financing Authority Meeting Consent Calendar CT
Contract Amount:
1/4/2022
2524
TREASURER'S SPECIAL INVESTMENT REPORT FOR AUGUST - NOVEMBER 2021 TREASURER'S SPECIAL INVESTMENT

REPORT FOR AUGUST - NOVEMBER
202106
Received and Filed
Lynwood Public Financing Authority Meeting Consent Calendar CT
Contract Amount:
1/18/2022
2528

TREASURER'S MONTHLY INVESTMENT REPORT TREASURER'S MONTHLY

INVESTMENT REPORT
10 Received and Filed
City Council Regular Meeting Consent Calendar
CT
Contract Amount:

Page 9 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 1/18/2022
2541

TREASURER'S MONTHLY INVESTMENT REPORT TREASURER'S MONTHLY

INVESTMENT REPORT
06 Received and Filed
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar CT
Contract Amount:
1/18/2022
2544

TREASURER'S MONTHLY INVESTMENT REPORT TREASURER'S MONTHLY

INVESTMENT REPORT
06 Received and Filed
Lynwood Public Financing Authority Meeting Consent Calendar CT
Contract Amount:
2/1/2022
2561

TREASURER'S QUARTERLY REPORT TREASURER'S QUARTERLY REPORT 09 Received and Filed
City Council Regular Meeting Consent Calendar
CT
Contract Amount:
2/1/2022
2572

TREASURER'S QUARTERLY REPORT TREASURER'S QUARTERLY REPORT 05 Received and Filed
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar CT
Contract Amount:
2/1/2022
2574

TREASURER'S QUARTERLY REPORT TREASURER'S QUARTERLY REPORT 05 Received and Filed
Lynwood Public Financing Authority Meeting Consent Calendar CT
Contract Amount:
2/15/2022
2577
TREASURER'S MONTHLY INVESTMENT REPORT TREASURER'S MONTHLY

INVESTMENT REPORT
10 Received and Filed
City Council Regular Meeting Consent Calendar
CT
Contract Amount:
2/15/2022
2579

CITY MANAGER'S MONTHLY TASK ORDER REPORT CITY MANAGER'S MONTHLY TASK

ORDER REPORT
13 Received and Filed
City Council Regular Meeting Consent Calendar
CM
Contract Amount:
2/15/2022
2590
TREASURER'S MONTHLY INVESTMENT REPORT TREASURER'S MONTHLY

INVESTMENT REPORT
05 Received and Filed
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar Contract Amount:
2/15/2022
2595
TREASURER'S MONTHLY INVESTMENT REPORT TREASURER'S MONTHLY

INVESTMENT REPORT
06 Received and Filed
Lynwood Public Financing Authority Meeting Consent Calendar CT
Contract Amount:

Page 10 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 3/15/2022
2616
TREASURER'S MONTHLY INVESTMENT REPORT TREASURER'S MONTHLY

INVESTMENT REPORT
10 Received and Filed
City Council Regular Meeting Consent Calendar
CT
Contract Amount:
3/15/2022
2630

TREASURER'S MONTHLY INVESTMENT REPORT TREASURER'S MONTHLY

INVESTMENT REPORT
05 Received and Filed
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar CT
Contract Amount:
3/15/2022
2631

TREASURER'S MONTHLY INVESTMENT REPORT TREASURER'S MONTHLY

INVESTMENT REPORT
05 Received and Filed
Lynwood Public Financing Authority Meeting Consent Calendar CT
Contract Amount:
21Total
Ordinance and Agreement
3/1/2022
2606

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF LOS ANGELES,

STATE OF CALIFORNIA, APPROVING A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF

LYNWOOD AND LAMAR CENTRAL OUTDOOR, LLC FOR A DOUBLE-SIDED DIGITAL DISPLAY BILLBOARD AT 11200 WRIGHT ROAD, LYNWOOD (ASSESSOR’S PARCEL NUMBER 6194-030-011) ORDINANCE NO. 1743 and
Development Agreement with
Lamar Central Outdoor, LLC16
Approved and Adopted
City Council Regular Meeting
New/Old Business
CD
A development agreement between the City of Lynwood and Lamar Central Outdoor, LLC for the installation of a 77-foot tall billboard containing a double-sided LED display in which the Developer shall pay two-hundred fifty thousand dollars ($250,000) to the City and an annual MAG fee.

Contract Amount:
$0.00
1Total
Ordinance
2/1/2022
2570
First reading, read by title only and waive further reading of AN ORDINANCE OF THE CITY

COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA ADDING SECTION 9-7 "MANDATORY ORGANIC WASTE DISPOSAL REDUCTION" TO THE LYNWOOD

MUNICIPAL CODE
ORDINANCE NO. 1744
18 Ordinance First Reading
City Council Regular Meeting
New/Old Business
PW
Contract Amount:
2/15/2022
2582

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA ADDING SECTION 9-7 MANDATORY ORGANIC WASTE DISPOSAL

REDUCTION TO THE LYNWOOD MUNICIPAL CODE
ORDINANCE NO. 1744
17 Approved and Adopted
City Council Regular Meeting Consent Calendar
PW
Contract Amount:
2Total
N/A
1/4/2022
2518
REVIEW OF BOARD, COMMISSION AND COMMITTEE MEMERS and ANNUAL BOARDS,

COMMISSIONS AND COMMITTEES LOCAL APPOINTMENT LIST
N/A
18 Continued to Next
Scheduled Meeting
City Council Regular Meeting New/Old Business
CC
Contract Amount:

Page 11 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 1/18/2022
2538
REVIEW OF BOARD, COMMISSION AND COMMITTEE MEMBERS and ANNUAL BOARDS,

COMMISSIONS AND COMMITTEES LOCAL APPOINTMENT LIST

LOCAL APPOINTMENT LIST
20 Approved
City Council Regular Meeting New/Old Business
CC
Contract Amount:
1/18/2022
2537

MAYORAL APPOINTMENTS MAYORAL APPOINTMENTS
19 Delegate Approval
City Council Regular Meeting New/Old Business
CC
Contract Amount:
1/18/2022
2533

CITY NEWSLETTER (LNP) BI-MONTHLY FORMAT TO DIGITAL FORMAT N/A 15 Tabled
City Council Regular Meeting New/Old Business
CM
Contract Amount:
2/15/2022
2581
APPROVAL OF THE SALE OF SAFE & SANE FIREWORKS - 2022 N/A 15 Approved
City Council Regular Meeting Consent Calendar
CC
Contract Amount:
3/1/2022
2605

RECOMMENDATIONS FOR REPAIR OF THE CITY POOL N/A
15 Staff Recommends that
the City Council Provide
Direction
City Council Regular Meeting New/Old Business
PW
Contract Amount:
3/1/2022
2608
A. With respect to every item of business to be discussed in closed session pursuant to Government Code Section 54956.9: CONFERENCE WITH LEGAL COUNSEL – ANTICIPATED LITIGATION Significant exposure to litigation pursuant to paragraph (2) of subdivision (d) of Section 54956.9:

Number of Cases: One (1)
N/A
04 City Attorney Reported
on Certain Legal Matters
City Council Regular Meeting Closed Session
Closed Session
CA
Contract Amount:
3/15/2022
2625

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD RECEIVING AND FILING THE FY 2021-22 MID-YEAR FINANCIAL REVIEW, APPROVING THE FY 2021-22 MID-YEAR BUDGET ADJUSTMENTS TO AMEND THE FY 2021-22 ADOPTED BUDGET HERETO ATTACHED AS

SCHEDULE A
N/A
19 Received and Filed
City Council Regular Meeting
New/Old Business
FIN
Contract Amount:
3/15/2022
2628

REVIEW OF BOARD, COMMISSION AND COMMITTEE MEMBERS & ANNUAL BOARDS,

COMMISSIONS AND COMMITTEES LOCAL APPOINTMENT LIST
N/A
22 Councilmember Santana
Appointed Daniela
Espinoza Rodriguez
City Council Regular Meeting New/Old Business
CC
Contract Amount:
3/15/2022
2626

A RESOLUTION OF CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING A COMMERCIAL FAÇADE GRANT PROGRAM AND THE APPROPRIATION OF $830,000 IN ARPA FUNDING FOR

PROGRAM IMPLEMENTATION
N/A
20 Continued to Next
Meeting
City Council Regular Meeting New/Old Business
CD
Contract Amount:

Page 12 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 3/15/2022
2627

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, CALIFORNIA, EXPRESSING A

VOTE OF NO CONFIDENCE IN LOS ANGELES COUNTY DISTRICT ATTORNEY GEORGE GASCON N/A
21 Motion Failed For Lack of
Support
City Council Regular Meeting New/Old Business
CM
Contract Amount:
11Total
Meeting Minutes
2/15/2022
2576
Meeting Minutes for the Lynwood City Council June 29, 2021 Special Meeting, July 6, 2021 Regular Closed Session Meeting, July 6, 2021 Regular Meeting, July 20, 2021 Regular Closed Session Meeting, July 20, 2021 Regular Meeting, August 3, 2021 Special Meeting, , August 3, 2021 Regular Meeting , August 17, 2021 Regular Closed Session Meeting, August 17, 2021 Regular Meeting, September 7, 2021 Regular Meeting, September 27, 2021 Special Closed Session Meeting
6/29/2021 Special Mtg, 7/6/2021
Closed Session, 7/6/2021
Mtg,7/20/2021 Closed Session,
7/20/2021 Mtg,8/3/2021 Special
Mtg, 8/3/2021 Mtg , 8/17/2021
Closed Session, 8/17/2021 Mtg,
9/7/2021 Mtg, 9/27/2021 Special
Closed Session
09 Approved
City Council Regular Meeting
Consent Calendar
CC
Contract Amount:
2/15/2022
2589
Meeting Minutes for Lynwood Successor Agency July 6, 2021 Regular Meeting, July 20, 2021 Regular Meeting, August 3, 2021 Special Meeting, August 17, 2021 Regular Meeting September 7, 2021 Regular Meeting
July 6, 2021 Regular Mtg, July 20,
2021 Regular Mtg, August 3, 2021
Special Mtg, August 17, 2021
Regular Mtg
September 7, 2021 Regular Mtg
04 Approved
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar CC
Contract Amount:
2/15/2022
2592
Meeting Minutes for Lynwood Housing Authority July 20, 2021 Regular Mtg, August 3, 2021 Special Mtg, August 17, 2021 Regular Mtg, September 7, 2021 Regular Mtg Meeting Minutes for Lynwood
Housing Authority July 20, 2021
Regular Mtg, August 3, 2021 Special
Mtg, August 17, 2021 Regular Mtg,
September 7, 2021 Regular Mtg
05 Approved
Lynwood Housing Authority Meeting Consent Calendar
CC
Contract Amount:
2/15/2022
2594
Meeting Minutes for Lynwood Public Financing Authority July 20, 2021 Regular Mtg, August 17, 2021 Regular Mtg, September 7, 2021 Regular Mtg
Meeting Minutes for Lynwood
Public Financing Authority July 20,
2021 Regular Mtg, August 17, 2021
Regular Mtg, September 7, 2021
Regular Mtg
05 Approved
Lynwood Public Financing Authority Meeting Consent Calendar CC
Contract Amount:
2/15/2022
2593
Meeting Minutes for Lynwood Utility Authority July 7, 2021 Regular Meeting Meeting Minutes for Lynwood Utility Authority July 7, 2021 Regular
Meeting04
Approved
Lynwood Utility Authority Meeting Consent Calendar
CC
Contract Amount:
3/1/2022
2599
Meeting Minutes for Lynwood City Council October 5, 2021 Regular Closed Session, Special Meeting, Regular Meeting
Meeting Minutes for Lynwood City
Council October 5, 2021 Regular
Closed Session, Special Mtg,
Regular Mtg
09 Approved
City Council Regular Meeting Consent Calendar
CC
Contract Amount:
3/1/2022
2609
Meeting Minutes for Lynwood Successor Agency October 5, 2021 Regular Meeting Meeting Minutes for Lynwood Successor Agency October 5, 2021
Regular Meeting04
Approved
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar CC
Contract Amount:

Page 13 of 14 ends

Meeting Date IDAgenda Title Document Assigned NumberAgenda Document Document Assigned Name Action Status 3/1/2022
2611
Meeting Mnutes for Lynwood Housing Authority October 5, 2021 Regular Meeting Meeting Minutes for Lynwood Housing Authority October 5, 2021
Regular Meeting05
Approved
Lynwood Housing Authority Meeting Consent Calendar
CC
Contract Amount:
3/15/2022
2615
Meeting Minutes for November 2, 2021 Regular Meeting Minutes November 2, 2021 Regular Meeting Minutes
09 Approved
City Council Regular Meeting Consent Calendar
CC
Contract Amount:
3/15/2022
2629
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency November 2, 2021 Meeting Minutes
City of Lynwood as Successor
Agency to the Lynwood
Redevelopment Agency
November 2, 2021 Meeting Minutes
04 Approved
City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency Meeting Consent Calendar CC
Contract Amount:
3/15/2022
2633
Lynwood Housing Authority November 2, 2021 Meeting Minutes Lynwood Housing Authority November 2, 2021 Meeting Minutes
05 Approved
Lynwood Housing Authority Meeting Consent Calendar
CC
Contract Amount:
11Total
Agreement
1/4/2022
2513
2022 HOMELESS COUNT COMMUNITY AGREEMENT 2022 HOMELESS COUNT

COMMUNITY AGREEMENT
13 Approved
City Council Regular Meeting Consent Calendar
CD
A Community Agreement for Partners that sets for roles and responsibilities between the Los Angeles Homeless Services Authority (LAHSA) and the Community Partner during the annual Greater Los Angeles Homeless Count Contract Amount:
$0.00
3/31/2022
2642

EMERGENCY ACTIONS AT THE NATATORIUM AND APPROPRIATION OF FUNDS APPROVED BY THE CITY COUNCIL ON MARCH 1, 2022
Professional Consulting Services
Agreement with ELITE POWER

SYSTEMS
Approved
City Manager
CM
Professional Consulting Services Agreement to demo existing amp main switch gear at Natatorium, a Public Project (Resolution No. 2020.016)
Contract Amount:
$98,002.07
2Total
108Total Items Considered
$10,028,833.58

Page 14 of 14 ends

Agenda Item # 10.

AGENDA STAFF REPORT
DATE:

April 19, 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 March 31, 2022.

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.

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.

City Council Regular Meeting - Page 40 of 192
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 and a portion of the revenue received is invested in the Local Agency Investment Fund and can be withdrawn at any time.

There are three petty cash funds totaling $3,300; City Manager's Office totaling $2,000, Finance Department totaling $1,000.00 and City Treasurer's Office totaling $300.00. There are two change funds totaling $640.00; Water Billing $600.00 and Recreation $40.00.

The total received from Urban Farming for the 3rd quarter reporting is $86,406.65.

The total amount of Non-Sufficient Funds (NSF) from customers for the 3rd quarter reporting is $2,192.30 of which $1,463.76 has been collected. The remaining balance of Non-Sufficient Funds outstanding for the 3rd quarter is $728.54.

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.

Reports prepared by FTN Main Street Capital Advisors are as follows:

Portfolio Summary - Dash Board
Investment Policy Compliance Report
Yield at Cost Per 6 Months Maturity Intervals
Issuer Allocation
Historical Earnings & Book Return Performance
Historical Yields at Cost vs Benchmark
Total Return Performance
Investment Activity
Portfolio Summary
Holding Report
Maturity Report
Income Earned Summary
Income Earned
Realized Gains and Losses
Transaction Report

Fiscal Impact:

There is no fiscal impact.

Coordinated With:

FTN Financial Main Street Advisors
ATTACHMENTS:

Description
QUARTERLY SUMMARY REPORT - MARCH 2022
FHN FINANCIAL REPORT - MARCH 2022
FHN QUARTERLY UPDATE REPORT - MARCH 2022
City Council Regular Meeting - Page 41 of 192
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 $125,272.93 3.02$ 9.24$ JP Morgan Chase ‐ Money Market Account $1,881,964.57 45.73$ 139.21$ JP Morgan Chase ‐ Parking Enforcement $5,452,711.98 129.84$ 381.41$ US Bank ‐ City of Lynwood 4,539.68$ 0.05$ 0.12$ Total $7,464,489.16 178.64 $ 529.98$
Demand Deposits
General Account 37,343,225.90
US Bank ‐ Economic Development 10,696.54
US Bank ‐ Housing Authority A 47,064.55
US Bank ‐ Housing Authority B 18,000.09 $
US Bank ‐ City HCDA 78,719.79 $
US Bank ‐ City Home Program 876,528.96
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 1,860,689.71
US Bank ‐ Low Mod Housing Trst Fnd/Rogel 8,031,390.82
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 50,550,408.56 $
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
March 31, 2022
City Council Regular Meeting - Page 42 of 192
Quarter Ending Date Interest
Issuer Investment Balance Interest Received Rate
State of California LAIF 9,537,751.55 5,487.56 January 14, 2022 0.23% 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) 2,394 Agencies
LAIF BALANCE BY TYPE AS OF
March 31, 2022
Total $35.9 billion
(chart dollars in millions)
March 31, 2022
CITY OF LYNWOOD
QUARTERLY REPORT
March 31, 2022
LAIF Daily Yield .40% ‐ Quarter to Date 0.28% ‐ Average Days to Maturity 311 LAIF PARTICIPATION AS OF
Mar 2022.xlsCity Council Regular Meeting - Page 43 of 192 PAR MARKET BOOK % OF

INVESTMENTS VALUE VALUE VALUE PORTFOLIO
*Money Market Funds 253,724.99 $ 253,724.99$ 253,724.99$ 0.97% LAIF 9,537,751.55 $ 9,537,751.55$ 9,537,751.55$ 36.39% Corporate Notes 2,000,000.00 $ 2,012,355.00$ 2,022,313.13$ 7.72% Commercial Paper 700,000.00 $ 699,288.63$ 699,639.47$ 2.67% Federal Agency 3,200,000.00$ 3,103,669.00$ 3,224,598.65$ 12.30% Treasury Coupon Securities 6,500,000.00 $ 6,169,650.00$ 6,502,610.22$ 24.81% CD‐FDIC 3,968,000.00 $ 3,921,030.02$ 3,966,873.71$ 15.14% TOTAL 26,159,476.54 $ 25,697,469.19$ 26,207,511.72$ 100.00% *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) 125,272.93 $ N/A 3.02 $ JP Morgan Chase ‐ Money Market Account 1,881,964.57 $ N/A 45.73 $ JP Morgan Chase ‐ Parking Enforcement 5,452,711.98 $ N/A 129.84 $ US Bank ‐ City of Lynwood 4,539.68 $ N/A 0.05 $ TOTAL 7,464,489.16 $ 178.64$
Corporate Checking Accounts Balance
General Account 37,343,225.90 $
US Bank ‐ City HCDA 78,719.79 $
US Bank ‐ City Home Program 876,528.96 $
US Bank ‐ Economic Development 10,696.54 $
US Bank ‐ Housing Authority A 47,064.55 $
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 1,860,689.71 $
US Bank ‐ Low Mod Housing Trst Fnd/Rogel 8,031,390.82 $ 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 50,550,408.56 $

CITY OF LYNWOOD
QUARTERLY REPORT
March 31, 2022
PORTFOLIO SUMMARY
Mar 2022.xlsCity Council Regular Meeting - Page 44 of 192

AVERAGE
MARKET PERCENTAGE (%) DAYS TO

DESCRIPTION VALUE PORTFOLIO MATURITY
INVESTMENTS* 25,697,469.19 100% *
CERTIFICATE OF DEPOSIT/TIME DEPOSIT/
MONEY MARKET/CUSTODY HOLDINGS 7,464,489.16
CHECKING ACCOUNT 50,550,408.56

TOTAL AVERAGES 58,014,897.72 $
TOTAL INVESTMENTS & AVERAGES 83,712,366.91 $
ZtuÜ|xÄt VtÅtv{ÉBf{x|Ät [tÜw|Çz
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
March 31, 2022
MASTER SUMMARY
Mar 2022.xlsCity Council Regular Meeting - Page 45 of 192 Jan ‐ Mar Apr ‐ June July ‐ Sept Oct ‐ Dec
Investments Managed by Main Street $25,697,469.19 $29,758,531.25 26,244,509.47 $26,155,452.36 Cash & Investments $58,014,897.72 30,737,800.38 37,237,880.58 $62,899,284.48 Per Treasurer's Reports 83,712,366.91 60,496,331.63$     $63,482,390.05 $89,054,736.84 Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank ‐ General Account* 28,593,915.14$     10,539,605.39$     4,226,679.48$      34,906,841.05$ *Local Agency Investment Fund 9,532,263.99$       5,487.56$               ‐ $                       9,537,751.55$ US Bank ‐ RORF ‐ Successor Agency 4,099,058.85$       1,205,587.74$       103,484.00$         5,201,162.59$ US Bank ‐ Low Mod Housing Trust 19,685,967.27$     ‐ $                         78,351.53$           19,607,615.74$ TOTAL REVENUE & EXPENDITURE 11,750,680.69 $     4,408,515.01$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank ‐ General Account* 34,906,841.05$     19,385,751.89$     18,857,510.33$    35,435,082.61$ *Local Agency Investment Fund 9,537,751.55$       ‐ $                         ‐ $                       9,537,751.55$ US Bank ‐ RORF ‐ Successor Agency 5,201,162.59$       3,340,472.88$      1,860,689.71$ US Bank ‐ Low Mod Housing Trust 19,607,615.74$     4,131,357.00$       14,681,473.76$    9,057,498.98$ TOTAL REVENUE & EXPENDITURE 23,517,108.89 $     36,879,456.97$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank ‐ General Account 35,435,082.61 $     7,258,041.42$       5,349,898.13$      37,343,225.90$ *Local Agency Investment Fund 9,537,751.55$       ‐ $                         9,537,751.55$ US Bank ‐ RORF ‐ Successor Agency 1,860,689.71$       ‐ $                         1,860,689.71$ US Bank ‐ Low Mod Housing Trust 9,057,498.98$       1,026,108.16 8,031,390.82$ TOTAL REVENUE & EXPENDITURE 7,258,041.42$       6,376,006.29 QUARTERLY TOTAL OF DEBITS/CREDITS 42,525,831.00 $     47,663,978.27$ *Most Active Accounts
*Funds transferred from LAIF account to the general account to cover expenditures 2021
Jan‐22
Feb‐22
Mar‐22
CITY OF LYNWOOD
QUARTERLY REPORT
March 31, 2022
MONTHLY BALANCES PER STATEMENT
DEMAND DEPOSIT ACCOUNTS ‐ MOST ACTIVE
BALANCES PER QUARTER
City Council Regular Meeting - Page 46 of 192
Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 2
Portfolio Summary
City of Lynwood 3/31/2022

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)

ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 3/31/22 2/28/22 Issuer % Portfolio
Market Value $25,697,469 $25,954,271 LAIF 36.4%
Book Value $26,207,512 $26,189,216 U.S. Treasury 24.8%
Variance -$510,043 -$234,945 FHLB 3.9%
FNMA 3.8%
Par Value $26,159,477 $26,139,513 FFCB 2.7%
JPMorgan 1.9%
Net Asset Value $98.05 $99.10 FHLMC 1.9%
ING US Funding 1.3%
Book Yield 0.96% 0.93% Royal Bank of Canada 1.3%
Exxon Mobil 1.0%
Market Yield 1.48% 1.03% Goldman Sachs Govt MMF 1.0%
Toyota 1.0%
Years to Maturity 1.50 1.55 US Bancorp 1.0%
MetLife 1.0%
Effective Duration 1.45 1.50 Jackson National Life 1.0% Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22

0.60%

0.65%

0.70%

0.75%

0.80%

0.85%

0.90%

0.95%

1.00%

1.0%

2.7%

7.7%

12.3%

15.1%

24.8%

36.4%
MMF
CP
CORP
AGY
CD
TSY
LAIF
100%75%50%25%0%

51.4%

10.5%

15.3% 12.3% 10.5%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%

51.5%

2.9%

1.9%

1.0%

39.0%

2.7%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 City Council Regular Meeting - Page 47 of 192
Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 3
Investment Policy Compliance
City of Lynwood 3/31/2022
Category Book Value % of Portfolio % Allowed by Policy In ComplianceReserved row US Treasuries 6,502,610.22 24.81% 100% Yes
US Federal Agencies 3,224,598.65 12.30% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 9,537,751.55 36.39% 100% Yes
Commercial Paper 699,639.47 2.67% 25% Yes
Money Market Funds 253,724.99 0.97% 20% Yes
Negotiable Certificates of Deposit 3,966,873.71 15.14% 30% Yes Corporate Obligations 2,022,313.13 7.72% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 26,207,511.71 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.50 Less than 3.0 Years Yes
Liquidity 51.44% 30% Under 365 Days Yes
Ratings Yes
3 City Council Regular Meeting - Page 48 of 192
Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 8
Yield At Cost Per 6-Month Maturity Intervals
City of Lynwood 3/31/2022
Years Yield At Cost % of Portfolio
0 to .5 0.62% 45.72%
.5 to 1.0 1.76% 5.71%

1.0 to 1.5 3.05% 4.74%

1.5 to 2.0 1.18% 5.72%

2.0 to 2.5 1.86% 6.68%

2.5 to 3.0 0.80% 8.66%

3.0 to 3.5 0.55% 6.64%

3.5 to 4.0 0.61% 5.67%

4.0 to 4.5 0.81% 6.66%

4.5 to 5.0 1.27% 3.79%

5.0+ 0.00% 0.00%
Total 0.96% 100.0%

0.62%

1.76%

3.05%

1.18%

1.86%

0.80%

0.55% 0.61%

0.81%

1.27%

5.55.04.54.03.53.02.52.01.51.00.50.0-0.5
-1.0%
-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%
Maturity Intervals
Yield At Cost
Bubble Size = Maturity's % of Portfolio
8 City Council Regular Meeting - Page 49 of 192
Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 10
Issuer Allocation
City of Lynwood 3/31/2022

0.9%

1.0%

1.3%

1.9%

2.7%

3.8%

3.9%

24.8%

36.4%
Citigroup
Wells Fargo
EnerBank
Goldman Sachs Bank
Comenity Capital Bank
Merrick Bank
Morgan Stanley Bank
Capital One Bank USA
Sallie Mae Bank
UBS Bank USA
Toyota Financial Savings Bank
State Bank of India
Flagstar Bank
First Missouri State Bank
EagleBank
BMW Bank
New York Life
Jackson National Life
MetLife
US Bancorp
Toyota
Goldman Sachs Govt MMF
Exxon Mobil
Royal Bank of Canada
ING US Funding
FHLMC
JPMorgan
FFCB
FNMA
FHLB
U.S. Treasury
LAIF
40%35%30%25%20%15%10%5%0%
10 City Council Regular Meeting - Page 50 of 192
Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 12
Historical Earnings & Book Return Performance
City of Lynwood 3/31/2022
Fiscal YTD ($K) Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 2020 $65.050 $31.666 $187.208 $249.056 $303.058 $354.899 $410.103 $456.891 $498.400 $552.596 $586.799 $623.500 FY 2021 $35.200 $66.215 $94.922 $120.389 $147.318 $173.870 $199.724 $223.094 $247.869 $271.162 $294.542 $316.873 FY 2022 $18.153 $37.347 $56.010 $82.204 $100.760 $118.668 $142.482 $159.901 $178.121 Fiscal YTD Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Book Return 0.77% 0.78% 0.81% 0.90% 0.89% 0.88% 0.90% 0.90% 0.89% Fiscal Year-To-Date Earnings
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
$0
$100
$200
$300
$400
$500
$600
$700
Thousands
FY 2020
FY 2021
FY 2022
Fiscal Year-To-Date Book Return
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

0.00%

0.25%

0.50%

0.75%

1.00%

1.25%

1.50%
11 City Council Regular Meeting - Page 51 of 192
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Amortizing Page 13
Historical Yield At Cost vs Benchmark
City of Lynwood 3/31/2022
Month-End Yield At Cost vs Benchmark
Jun-17
Aug-17
Oct-17
Dec-17
Feb-18
Apr-18
Jun-18
Aug-18
Oct-18
Dec-18
Feb-19
Apr-19
Jun-19
Aug-19
Oct-19
Dec-19
Feb-20
Apr-20
Jun-20
Aug-20
Oct-20
Dec-20
Feb-21
Apr-21
Jun-21
Aug-21
Oct-21
Dec-21
Feb-22

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0% Portfolio
Benchmark
Trailing 12 Months: Month End Yield At Cost vs Benchmark Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22

0.0%

0.2%

0.4%

0.6%

0.8%

1.0%

1.2% Portfolio
Benchmark
Benchmark: Custom Benchmark (see disclosure)
12 City Council Regular Meeting - Page 52 of 192
Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 14
Total Return Performance
City of Lynwood 3/31/2022
*Index: ICE BofA 0-3Yr Treasury Index
**Inception: June 2017
1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception
Portfolio -0.988% -1.783% -2.203% -2.063% 0.901% N/A 1.277% Benchmark -0.948% -1.693% -2.022% -2.041% 0.903% N/A 1.141% Variance -0.040% -0.091% -0.181% -0.022% -0.001% N/A 0.135% 1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception**
-3%
-2%
-2%
-1%
-1%
0%
1%
1%
2%
Portfolio
Benchmark
13 City Council Regular Meeting - Page 53 of 192
Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 15
Investment Activity
City of Lynwood 3/31/2022
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Positions 38 37 38 40 40 40 41 41 43 43 43 43
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Purchases 1 0 1 5 1 0 1 1 3 0 0 0
Redemptions 1 0 2 1 1 0 0 1 1 0 0 0
Total 2 0 3 6 2 0 1 2 4 0 0 0
Number of Positions at Month End
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 34 35
36 37
38 39
40 41
42 43
44 Positions
Purchases and Redemptions* (Excluding MMF/LGIP)
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 0 2
4 6
8 10
Number of Transactions
Purchases
Redemptions
*Redemptions include maturities, calls, and sells
14 City Council Regular Meeting - Page 54 of 192
Portfolio Summary
City of Lynwood March 31, 2022
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 3,968,000.00 3,966,873.71 15.14 2.28 656 3,921,030.02 Commercial Paper 700,000.00 699,639.47 2.67 0.29 59 699,288.63 Corporate Bonds 2,000,000.00 2,022,313.13 7.72 2.52 614 2,012,355.00 LAIF 9,537,751.55 9,537,751.55 36.39 0.36 1 9,537,751.55 Money Market Funds 253,724.99 253,724.99 0.97 0.24 1 253,724.99 U.S. Agencies 3,200,000.00 3,224,598.65 12.30 1.17 1,047 3,103,669.00 U.S. Treasuries 6,500,000.00 6,502,610.22 24.81 0.56 1,088 6,169,650.00 26,207,511.71 100.00 547 25,697,469.18 0.96 26,159,476.54 Investments
March 31 Month Ending Fiscal Year To DateTotal Earnings Current Year 18,220.16 178,120.95
Average Daily Balance 26,196,493.22 26,620,614.49
Book Rate of Return 0.82% 0.89%
Run Date: 4/6/2022 - 1:52 PM
Amortizing
15City Council Regular Meeting - Page 55 of 192
Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
Certificates of Deposit
27002YEM4 248,000.00EagleBank 05/10/2019 248,000.00 100.24 248,605.96 0.95% NR/NR 0.1105/10/2022 605.96 NR 0.11 388.65 2.60% 248,000.00 0.42%2.600%
33847E2J5 248,000.00Flagstar Bank 06/12/2019 248,000.00 100.38 248,934.20 0.95% NR/NR 0.2006/13/2022 934.20 NR 0.20 1,868.49 2.50% 248,000.00 0.64%2.500% 1404203Z1 248,000.00Capital One Bank USA 08/03/2017 247,417.20 100.43 249,077.84 0.95% NR/NR 0.3408/02/2022 1,117.43 NR 0.33 906.39 2.35% 247,960.40 1.02%2.300% 795450D36 248,000.00Sallie Mae Bank 08/24/2017 247,417.20 100.53 249,310.68 0.95% NR/NR 0.4008/23/2022 1,356.98 NR 0.39 590.78 2.40% 247,953.70 1.02%2.350% 61747MF63 248,000.00Morgan Stanley Bank 01/12/2018 247,417.20 100.74 249,825.85 0.95% NR/NR 0.7801/11/2023 1,917.18 NR 0.76 1,440.44 2.70% 247,908.67 1.70%2.650% 59013J5Z8 248,000.00Merrick Bank 12/19/2018 247,516.40 101.36 251,370.45 0.95% NR/NR 0.9002/21/2023 3,474.15 NR 0.87 318.66 3.41% 247,896.30 1.82%3.350% 20033AZK5 248,000.00Comenity Capital Bank 06/29/2018 247,427.12 101.41 251,496.79 0.95% NR/NR 1.2506/29/2023 3,639.54 NR 1.20 67.27 3.40% 247,857.25 2.15%3.300%
38148PR33 248,000.00Goldman Sachs Bank 07/09/2018 247,432.08 101.38 251,417.41 0.95% NR/NR 1.2707/06/2023 3,561.34 NR 1.22 1,905.86 3.35% 247,856.07 2.19%3.300% 949763TF3 248,000.00Wells Fargo Bank NA 08/31/2018 247,429.60 101.50 251,729.32 0.95% NR/NR 1.4208/30/2023 3,890.91 NR 1.37 44.84 3.35% 247,838.41 2.22%3.300%
29278TLY4 248,000.00EnerBank 09/30/2019 247,523.84 99.60 247,008.04 0.95% NR/NR 1.4909/27/2023 -813.97 NR 1.46 67.95 2.05% 247,822.01 2.27%2.000%
17312Q3B3 248,000.00Citibank 02/28/2019 247,427.12 101.06 250,627.05 0.95% NR/NR 1.9102/27/2024 2,846.16 NR 1.83 672.66 3.05% 247,780.89 2.43%3.000% 32100LCB9 248,000.00First Missouri State Bank 09/13/2019 248,000.00 98.34 243,884.99 0.95% NR/NR 2.4609/13/2024 -4,115.01 NR 2.38 238.83 1.85% 248,000.00 2.55%1.850% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 93.04 230,741.05 0.95% NR/NR 3.4909/25/2025 -17,258.95 NR 3.45 23.78 0.50% 248,000.00 2.60%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 94.01 233,139.12 0.95% NR/NR 4.0804/27/2026 -14,860.88 NR 3.96 1,059.95 1.00% 248,000.00 2.56%1.000% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 93.58 232,067.79 0.95% NR/NR 4.2907/15/2026 -15,932.21 NR 4.18 490.56 0.95% 248,000.00 2.54%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 93.47 231,793.47 0.95% NR/NR 4.3708/11/2026 -16,206.53 NR 4.26 135.55 0.95% 248,000.00 2.53%0.950% 3,963,007.76 3,921,030.02 15.14% 1.80
3,966,873.71 2.28% 3,968,000.00 1.92% 10,220.66 -45,843.70 1.75Total Certificates of Deposit Commercial Paper
Run Date: 4/6/2022 - 1:52 PM
Amortizing
16City Council Regular Meeting - Page 56 of 192
Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
Commercial Paper
4497W1DM5 350,000.00ING US Funding LLC 12/21/2021 349,717.67 99.98 349,914.25 1.34% P-1/A-1 0.0604/21/2022 -36.72 NR 0.06 0.00 0.24% 349,950.97 0.43%0.000%
78015DG61 350,000.00Royal Bank of Canada, NY 12/20/2021 349,364.75 99.82 349,374.38 1.33% P-1/A-1+ 0.2707/06/2022 -314.13 F1+ 0.27 0.00 0.33% 349,688.50 0.67%0.000%
699,082.42 699,288.63 2.67% 0.16
699,639.47 0.29% 700,000.00 0.55% 0.00 -350.85 0.16Total Commercial Paper Corporate Bonds
59217GCD9 250,000.00MetLife 11/02/2017 252,002.50 100.01 250,017.50 0.95% Aa3/AA- 0.0204/08/2022

8.72 AA- 0.01 3,183.68 2.46% 250,008.78 1.98%2.650%
46849LSW2 250,000.00Jackson National Life 07/12/2017 247,795.00 100.23 250,580.00 0.95% A2/A 0.2406/27/2022 686.24 A 0.23 1,631.94 2.69% 249,893.76 1.50%2.500%
90331HNV1 250,000.00US Bank 03/01/2019 253,307.50 101.38 253,457.50 0.96% A1/AA- 1.3207/24/2023 2,469.22 AA- 1.23 1,581.94 3.08% 250,988.28 2.32%3.400% 06/23/2023 89236TFS9 250,000.00Toyota Motor Credit 02/28/2019 253,545.00 101.48 253,702.50 0.96% A1/A+ 1.7801/08/2024 2,410.09 A+ 1.70 1,930.90 3.03% 251,292.41 2.49%3.350% 46625HJX9 500,000.00JPMorgan Chase & Co 05/13/2019 515,115.00 102.08 510,380.00 1.93% A2/A- 2.1205/13/2024 3,981.32 AA- 2.01 6,947.92 2.97% 506,398.68 2.61%3.625% 64952WDL4 250,000.00New York Life 01/22/2020 249,102.50 97.09 242,715.00 0.95% Aaa/AA+ 2.8201/22/2025 -6,780.90 AAA 2.70 958.33 2.08% 249,495.90 3.09%2.000% 30231GBH4 250,000.00Exxon Mobil 06/22/2020 272,752.50 100.60 251,502.50 1.01% Aa2/AA- 2.9703/19/2025 -12,732.81 NR 2.80 249.33 0.99% 264,235.31 2.78%2.992% 02/19/2025 2,043,620.00 2,012,355.00 7.72% 1.68
2,022,313.13 2.52% 2,000,000.00 2.43% 16,484.04 -9,958.12 1.59Total Corporate Bonds LAIF
9819499 9,537,751.55LAIF 01/14/2022 9,537,751.55 1.00 9,537,751.55 36.39% NR/NR 0.0004/01/2022

0.00 NR 0.00 0.00 0.36% 9,537,751.55 0.36%0.360%
9,537,751.55 9,537,751.55 36.39% 0.00
9,537,751.55 0.36% 9,537,751.55 0.36% 0.00 0.00 0.00Total LAIF Money Market Funds
Run Date: 4/6/2022 - 1:52 PM
Amortizing
17City Council Regular Meeting - Page 57 of 192
Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
Money Market Funds
FGTXX 253,724.99Goldman Sachs Govt MMF 253,724.99 1.00 253,724.99 0.97% Aaa/AAA 0.0004/01/2022

0.00 NR 0.00 28.27 0.24% 253,724.99 0.24%0.241%
253,724.99 253,724.99 0.97% 0.00
253,724.99 0.24% 253,724.99 0.24% 28.27 0.00 0.00Total Money Market Funds U.S. Agencies
3135G0T78 500,000.00FNMA 11/30/2017 497,400.00 100.43 502,160.00 1.91% Aaa/AA+ 0.5210/05/2022 2,435.64 AAA 0.50 4,888.89 2.11% 499,724.36 1.15%2.000% 3133EKTV8 500,000.00FFCB 07/02/2019 499,900.00 99.28 496,375.00 1.91% Aaa/AA+ 2.2507/01/2024 -3,579.97 AAA 2.19 2,375.00 1.90% 499,954.97 2.23%1.900% 3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 97.95 195,904.00 0.76% Aaa/AA+ 2.5510/16/2024 -3,266.96 AAA 2.47 1,375.00 1.67% 199,170.96 2.33%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 99.84 499,215.00 2.01% Aaa/AA+ 2.9603/14/2025 -28,295.20 AAA 2.84 560.76 0.49% 527,510.20 2.43%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 93.59 467,955.00 1.91% Aaa/AA+ 3.3708/12/2025 -32,045.00 AAA 3.32 298.61 0.50% 500,000.00 2.50%0.500% 02/18/2022 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 92.94 464,680.00 1.90% Aaa/AA+ 3.4809/23/2025 -33,558.16 AAA 3.43 41.67 0.48% 498,238.16 2.51%0.375% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 95.48 477,380.00 1.91% Aaa/AA+ 4.7512/30/2026 -22,620.00 AAA 4.27 1,731.53 1.37% 500,000.00 2.38%1.370% 06/30/2022 3,234,505.00 3,103,669.00 12.30% 2.87
3,224,598.65 1.17% 3,200,000.00 2.21% 11,271.46 -120,929.65 2.74Total U.S. Agencies U.S. Treasuries
912828ZD5 500,000.00U.S. Treasury 12/16/2020 504,140.63 98.92 494,610.00 1.91% Aaa/AA+ 0.9603/15/2023 -7,154.44 AAA 0.95 115.49 0.13% 501,764.44 1.64%0.500% 91282CAW1 1,000,000.00U.S. Treasury 07/22/2021 999,960.94 96.95 969,530.00 3.82% Aaa/AA+ 1.6311/15/2023 -30,442.57 AAA 1.61 946.13 0.25% 999,972.57 2.17%0.250% 91282CBV2 500,000.00U.S. Treasury 11/22/2021 496,308.59 96.12 480,605.00 1.90% Aaa/AA+ 2.0404/15/2024 -16,247.81 AAA 2.02 865.38 0.69% 496,852.81 2.33%0.375% 912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 97.50 975,040.00 3.92% Aaa/AA+ 2.6711/30/2024 -53,361.50 AAA 2.59 5,027.47 0.43% 1,028,401.50 2.47%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 93.16 465,820.00 1.88% Aaa/AA+ 3.1705/31/2025 -27,347.05 AAA 3.13 418.96 0.69% 493,167.05 2.51%0.250% Run Date: 4/6/2022 - 1:52 PM
Amortizing
18City Council Regular Meeting - Page 58 of 192
Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
U.S. Treasuries
91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 92.56 925,550.00 3.78% Aaa/AA+ 3.6711/30/2025 -65,605.49 AAA 3.61 1,256.87 0.62% 991,155.49 2.51%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 92.26 461,310.00 1.89% Aaa/AA+ 3.8401/31/2026 -34,356.79 AAA 3.78 310.77 0.60% 495,666.79 2.50%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 93.12 931,170.00 3.82% Aaa/AA+ 4.1705/31/2026 -70,874.33 AAA 4.06 2,513.74 0.70% 1,002,044.33 2.50%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 93.20 466,015.00 1.88% Aaa/AA+ 4.5009/30/2026 -27,570.23 AAA 4.38 11.95 1.17% 493,585.23 2.48%0.875% 6,506,953.13 6,169,650.00 24.81% 2.98
6,502,610.22 0.56% 6,500,000.00 2.37% 11,466.76 -332,960.21 2.92Total U.S. Treasuries 26,238,644.85 25,697,469.18 100.00% 1.50
49,471.19 -510,042.53 1.45 1.48% 26,207,511.71 0.96% 26,159,476.54TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 25,746,940.37 Run Date: 4/6/2022 - 1:52 PM
Amortizing
19City Council Regular Meeting - Page 59 of 192
Maturity Report
City of Lynwood March 31, 2022
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 0.241% 1Goldman Sachs Govt MMF 253,724.99 04/01/2022 1 0.24% 253,724.99 253,724.99 9819499 0.360% 1LAIF 05/18/2020 9,537,751.55 04/01/2022 1 0.36% 9,537,751.55 9,537,751.55 59217GCD9 2.650% 1,610MetLife 11/02/2017 250,008.78 04/08/2022 8 2.46% 250,000.00 250,017.50 4497W1DM5 0.000% 100ING US Funding LLC 12/21/2021 349,950.97 04/21/2022 21 0.24% 350,000.00 349,914.25 27002YEM4 2.600% 1,056EagleBank 05/10/2019 248,000.00 05/10/2022 40 2.60% 248,000.00 248,605.96 33847E2J5 2.500% 1,023Flagstar Bank 06/12/2019 248,000.00 06/13/2022 74 2.50% 248,000.00 248,934.20 46849LSW2 2.500% 1,723Jackson National Life 07/12/2017 249,893.76 06/27/2022 88 2.69% 250,000.00 250,580.00 78015DG61 0.000% 101Royal Bank of Canada, NY 12/20/2021 349,688.50 07/06/2022 97 0.33% 350,000.00 349,374.38 1404203Z1 2.300% 1,701Capital One Bank USA 08/03/2017 247,960.40 08/02/2022 124 2.35% 248,000.00 249,077.84 795450D36 2.350% 1,680Sallie Mae Bank 08/24/2017 247,953.70 08/23/2022 145 2.40% 248,000.00 249,310.68 3135G0T78 2.000% 1,582FNMA 11/30/2017 499,724.36 10/05/2022 188 2.11% 500,000.00 502,160.00 61747MF63 2.650% 1,539Morgan Stanley Bank 01/12/2018 247,908.67 01/11/2023 286 2.70% 248,000.00 249,825.85 59013J5Z8 3.350% 1,198Merrick Bank 12/19/2018 247,896.30 02/21/2023 327 3.41% 248,000.00 251,370.45 912828ZD5 0.500% 470U.S. Treasury 12/16/2020 501,764.44 03/15/2023 349 0.13% 500,000.00 494,610.00 20033AZK5 3.300% 1,371Comenity Capital Bank 06/29/2018 247,857.25 06/29/2023 455 3.40% 248,000.00 251,496.79 38148PR33 3.300% 1,361Goldman Sachs Bank 07/09/2018 247,856.07 07/06/2023 462 3.35% 248,000.00 251,417.41 90331HNV1 3.400% 1,126US Bank 03/01/2019 250,988.28 07/24/2023 480 3.08% 250,000.00 253,457.50 949763TF3 3.300% 1,308Wells Fargo Bank NA 08/31/2018 247,838.41 08/30/2023 517 3.35% 248,000.00 251,729.32 29278TLY4 2.000% 913EnerBank 09/30/2019 247,822.01 09/27/2023 545 2.05% 248,000.00 247,008.04 91282CAW1 0.250% 252U.S. Treasury 07/22/2021 999,972.57 11/15/2023 594 0.25% 1,000,000.00 969,530.00 89236TFS9 3.350% 1,127Toyota Motor Credit 02/28/2019 251,292.41 01/08/2024 648 3.03% 250,000.00 253,702.50 17312Q3B3 3.000% 1,127Citibank 02/28/2019 247,780.89 02/27/2024 698 3.05% 248,000.00 250,627.05 91282CBV2 0.375% 129U.S. Treasury 11/22/2021 496,852.81 04/15/2024 746 0.69% 500,000.00 480,605.00 46625HJX9 3.625% 1,053JPMorgan Chase & Co 05/13/2019 506,398.68 05/13/2024 774 2.97% 500,000.00 510,380.00 3133EKTV8 1.900% 1,003FFCB 07/02/2019 499,954.97 07/01/2024 823 1.90% 500,000.00 496,375.00 32100LCB9 1.850% 930First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 897 1.85% 248,000.00 243,884.99 3133EK3B0 1.500% 896FFCB 10/17/2019 199,170.96 10/16/2024 930 1.67% 200,000.00 195,904.00 912828YV6 1.500% 252U.S. Treasury 07/22/2021 1,028,401.50 11/30/2024 975 0.43% 1,000,000.00 975,040.00 64952WDL4 2.000% 799New York Life 01/22/2020 249,495.90 01/22/2025 1,028 2.08% 250,000.00 242,715.00 3130A4CH3 2.375% 540FHLB 10/07/2020 527,510.20 03/14/2025 1,079 0.49% 500,000.00 499,215.00 30231GBH4 2.992% 647Exxon Mobil 06/22/2020 264,235.31 03/19/2025 1,084 0.99% 250,000.00 251,502.50 912828ZT0 0.250% 275U.S. Treasury 06/29/2021 493,167.05 05/31/2025 1,157 0.69% 500,000.00 465,820.00 3136G4H71 0.500% 590FNMA 08/18/2020 500,000.00 08/12/2025 1,230 0.50% 500,000.00 467,955.00 3137EAEX3 0.375% 527FHLMC 10/20/2020 498,238.16 09/23/2025 1,272 0.48% 500,000.00 464,680.00 05580AXF6 0.500% 552BMW Bank 09/25/2020 248,000.00 09/25/2025 1,274 0.50% 248,000.00 230,741.05 91282CAZ4 0.375% 252U.S. Treasury 07/22/2021 991,155.49 11/30/2025 1,340 0.62% 1,000,000.00 925,550.00 Run Date: 4/6/2022 - 1:52 PM
Amortizing
20City Council Regular Meeting - Page 60 of 192
Maturity Report
City of Lynwood March 31, 2022
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
91282CBH3 0.375% 399U.S. Treasury 02/25/2021 495,666.79 01/31/2026 1,402 0.60% 500,000.00 461,310.00 856283S98 1.000% 338State Bank of India 04/27/2021 248,000.00 04/27/2026 1,488 1.00% 248,000.00 233,139.12 91282CCF6 0.750% 252U.S. Treasury 07/22/2021 1,002,044.33 05/31/2026 1,522 0.70% 1,000,000.00 931,170.00 89235MLC3 0.950% 259Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 1,567 0.95% 248,000.00 232,067.79 90348JR93 0.950% 232UBS Bank USA 08/11/2021 248,000.00 08/11/2026 1,594 0.95% 248,000.00 231,793.47 91282CCZ2 0.875% 163U.S. Treasury 10/19/2021 493,585.23 09/30/2026 1,644 1.17% 500,000.00 466,015.00 3130AQEC3 1.370% 91FHLB 12/30/2021 500,000.00 12/30/2026 1,735 1.37% 500,000.00 477,380.00 Net Maturities and Averages 26,207,511.71 547 0.96% 25,697,469.18 26,159,476.54 Run Date: 4/6/2022 - 1:52 PM
Amortizing
21City Council Regular Meeting - Page 61 of 192
Income Earned Summary
City of Lynwood March 31, 2022
Fiscal Year To DateMarch 31 Month End
Interest
Interest Received/Purchased
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
Interest Earned During Period
Total Adjustments for Amortization/Accretion
Total Capital Gains or Losses
Total Earnings During Period
19,963.13 210,833.55
49,471.19 49,471.19
-49,553.80 -67,702.76
19,880.52 192,601.98
-1,660.36 -14,481.03

0.00 0.00
18,220.16
178,120.95
Run Date: 4/6/2022 - 1:52 PM
Amortizing
23City Council Regular Meeting - Page 62 of 192
Income Earned
City of Lynwood March 01, 2022 - March 31, 2022
CUSIP Value
Ending Par
Date
Maturity
Book Value
Beginning
Value
Ending Book
Accrued
Beginning
/Purchased
Int.Received
Accrued
Ending
Issuer Earned
Interest Amortization/
Accretion Earned
Net Income
Certificates of Deposit
27002YEM4 05/10/2022 248,000.00EagleBank 248,000.00 248,000.00 335.65 494.64 388.65 547.64 0.00 547.64 33847E2J5 06/13/2022 248,000.00Flagstar Bank 248,000.00 248,000.00 1,341.92 0.00 1,868.49 526.57 0.00 526.57 1404203Z1 08/02/2022 248,000.00Capital One Bank USA 247,950.50 247,960.40 421.94 0.00 906.39 484.45 9.90 494.35 795450D36 08/23/2022 248,000.00Sallie Mae Bank 247,943.80 247,953.70 95.80 0.00 590.78 494.98 9.90 504.88 61747MF63 01/11/2023 248,000.00Morgan Stanley Bank 247,898.77 247,908.67 882.27 0.00 1,440.44 558.17 9.90 568.07 59013J5Z8 02/21/2023 248,000.00Merrick Bank 247,886.47 247,896.30 250.38 637.33 318.66 705.61 9.83 715.44 20033AZK5 06/29/2023 248,000.00Comenity Capital Bank 247,847.52 247,857.25 22.42 650.24 67.27 695.09 9.73 704.82 38148PR33 07/06/2023 248,000.00Goldman Sachs Bank 247,846.42 247,856.07 1,210.78 0.00 1,905.86 695.08 9.66 704.74 949763TF3 08/30/2023 248,000.00Wells Fargo Bank NA 247,828.72 247,838.41 22.42 672.66 44.84 695.08 9.69 704.77 29278TLY4 09/27/2023 248,000.00EnerBank 247,811.89 247,822.01 27.18 380.49 67.95 421.26 10.12 431.38 17312Q3B3 02/27/2024 248,000.00Citibank 247,771.16 247,780.89 40.77 0.00 672.66 631.89 9.73 641.62 32100LCB9 09/13/2024 248,000.00First Missouri State Bank 248,000.00 248,000.00 2,124.31 2,275.15 238.83 389.67 0.00 389.67 05580AXF6 09/25/2025 248,000.00BMW Bank 248,000.00 248,000.00 533.37 614.90 23.78 105.31 0.00 105.31 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 849.32 0.00 1,059.95 210.63 0.00 210.63 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 290.47 0.00 490.56 200.09 0.00 200.09 90348JR93 08/11/2026 248,000.00UBS Bank USA 248,000.00 248,000.00 116.19 180.73 135.55 200.09 0.00 200.09 Certificates of Deposit - Sub Total 3,968,000.00 3,966,785.25 3,966,873.71 8,565.19 5,906.14 10,220.66 7,561.61 88.46 7,650.07 Commercial Paper
4497W1DM5 04/21/2022 350,000.00ING US Funding LLC 349,878.61 349,950.97 0.00 0.00 0.00 0.00 75.29 75.29 78015DG61 07/06/2022 350,000.00Royal Bank of Canada, NY 349,589.07 349,688.50 0.00 0.00 0.00 0.00 103.71 103.71 Commercial Paper - Sub Total
700,000.00 699,467.68 699,639.47 0.00 0.00 0.00 0.00 179.00 179.00 Corporate Bonds
59217GCD9 04/08/2022 250,000.00MetLife 250,050.19 250,008.78 2,631.60 0.00 3,183.68 552.08 -41.41 510.67 46849LSW2 06/27/2022 250,000.00Jackson National Life 249,853.00 249,893.76 1,111.11 0.00 1,631.94 520.83 40.76 561.59 90331HNV1 07/24/2023 250,000.00US Bank 251,057.23 250,988.28 873.61 0.00 1,581.94 708.33 -68.95 639.38 89236TFS9 01/08/2024 250,000.00Toyota Motor Credit 251,357.23 251,292.41 1,232.99 0.00 1,930.90 697.91 -64.82 633.09 46625HJX9 05/13/2024 500,000.00JPMorgan Chase & Co 506,675.79 506,398.68 5,437.50 0.00 6,947.92 1,510.42 -277.11 1,233.31 64952WDL4 01/22/2025 250,000.00New York Life 249,479.45 249,495.90 541.67 0.00 958.33 416.66 16.45 433.11 30231GBH4 03/19/2025 250,000.00Exxon Mobil 264,675.16 264,235.31 3,366.00 3,740.00 249.33 623.33 -439.86 183.47 Corporate Bonds - Sub Total
2,000,000.00 2,023,148.05 2,022,313.13 15,194.48 3,740.00 16,484.04 5,029.56 -834.92 4,194.64 LAIF
Run Date: 4/6/2022 - 1:53 PM
Amortizing
24City Council Regular Meeting - Page 63 of 192
Income Earned
City of Lynwood March 01, 2022 - March 31, 2022
CUSIP Value
Ending Par
Date
Maturity
Book Value
Beginning
Value
Ending Book
Accrued
Beginning
/Purchased
Int.Received
Accrued
Ending
Issuer Earned
Interest Amortization/
Accretion Earned
Net Income
LAIF
9819499 04/01/2022 9,537,751.55LAIF 9,537,751.55 9,537,751.55 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total 9,537,751.55 9,537,751.55 9,537,751.55 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 04/01/2022 253,724.99Goldman Sachs Govt MMF 233,761.86 253,724.99 4.49 4.49 28.27 28.27 0.00 28.27 Money Market Funds - Sub Total
253,724.99 233,761.86 253,724.99 4.49 4.49 28.27 28.27 0.00 28.27 U.S. Agencies
3135G0T78 10/05/2022 500,000.00FNMA 499,676.68 499,724.36 4,055.56 0.00 4,888.89 833.33 47.68 881.01 3133EKTV8 07/01/2024 500,000.00FFCB 499,953.14 499,954.97 1,583.33 0.00 2,375.00 791.67 1.83 793.50 3133EK3B0 10/16/2024 200,000.00FFCB 199,141.06 199,170.96 1,125.00 0.00 1,375.00 250.00 29.90 279.90 3130A4CH3 03/14/2025 500,000.00FHLB 528,364.23 527,510.20 5,508.68 5,937.50 560.76 989.58 -854.03 135.55 3136G4H71 08/12/2025 500,000.00FNMA 500,000.00 500,000.00 90.28 0.00 298.61 208.33 0.00 208.33 3137EAEX3 09/23/2025 500,000.00FHLMC 498,191.72 498,238.16 822.92 937.50 41.67 156.25 46.44 202.69 3130AQEC3 12/30/2026 500,000.00FHLB 500,000.00 500,000.00 1,160.69 0.00 1,731.53 570.84 0.00 570.84 U.S. Agencies - Sub Total
3,200,000.00 3,225,326.83 3,224,598.65 14,346.46 6,875.00 11,271.46 3,800.00 -728.18 3,071.82 U.S. Treasuries
912828ZD5 03/15/2023 500,000.00U.S. Treasury 501,921.17 501,764.44 1,153.31 1,250.00 115.49 212.18 -156.73 55.45 91282CAW1 11/15/2023 1,000,000.00U.S. Treasury 999,971.14 999,972.57 732.04 0.00 946.13 214.09 1.43 215.52 91282CBV2 04/15/2024 500,000.00U.S. Treasury 496,722.03 496,852.81 705.70 0.00 865.38 159.68 130.78 290.46 912828YV6 11/30/2024 1,000,000.00U.S. Treasury 1,029,304.52 1,028,401.50 3,750.00 0.00 5,027.47 1,277.47 -903.02 374.45 912828ZT0 05/31/2025 500,000.00U.S. Treasury 492,983.97 493,167.05 312.50 0.00 418.96 106.46 183.08 289.54 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 990,950.87 991,155.49 937.50 0.00 1,256.87 319.37 204.61 523.98 91282CBH3 01/31/2026 500,000.00U.S. Treasury 495,570.98 495,666.79 150.21 0.00 310.77 160.56 95.81 256.37 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,002,085.97 1,002,044.33 1,875.00 0.00 2,513.74 638.74 -41.64 597.10 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 493,464.27 493,585.23 1,826.92 2,187.50 11.95 372.53 120.96 493.49 U.S. Treasuries - Sub Total
6,500,000.00 6,502,974.93 6,502,610.22 11,443.18 3,437.50 11,466.76 3,461.08 -364.71 3,096.37 26,159,476.54Grand Total 26,189,216.15 26,207,511.71 49,553.80 19,963.13 49,471.19 19,880.52 -1,660.36 18,220.16 Run Date: 4/6/2022 - 1:53 PM
Amortizing
25City Council Regular Meeting - Page 64 of 192
Realized Gains and Losses
City of Lynwood March 01, 2022 - March 31, 2022
Par Value Sale Date Days Held Maturity/Sales RealizedCUSIP Coupon Rate Maturity Date Book Value Proceeds Gain/LossPurchase Date TermIssuer Total 0.00 0.00 0.00 0.00
Grand Total 0.00 0.00 0.00 0.00
Run Date: 4/6/2022 - 1:53 PM
26 City Council Regular Meeting - Page 65 of 192
Transaction Report
City of Lynwood March 01, 2022 - March 31, 2022
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 03/02/2022 Interest FGTXX GSGF - - 4.49 - -
03/10/2022 Interest 27002YEM4 EGBN 2.6 05/10/22 05/10/2022 - - 494.64 - - 03/11/2022 Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 180.73 - - 03/14/2022 Interest 3130A4CH3 FHLB 2 3/8 03/14/25 03/14/2025 - - 5,937.50 - - 03/14/2022 Interest 32100LCB9 FMOSTB 1.85 09/13/24 09/13/2024 - - 2,275.15 - - 03/15/2022 Interest 912828ZD5 T 0 1/2 03/15/23 03/15/2023 - - 1,250.00 - - 03/18/2022 Interest 59013J5Z8 MERICK 3.35 02/21/23 02/21/2023 - - 637.33 - - 03/21/2022 Interest 30231GBH4 XOM 2.992 03/19/25 03/19/2025 - - 3,740.00 - - 03/23/2022 Interest 3137EAEX3 FHLMC 0 3/8 09/23/25 09/23/2025 - - 937.50 - - 03/25/2022 Interest 05580AXF6 BMW 0 1/2 09/25/25 09/25/2025 - - 614.90 - - 03/28/2022 Interest 29278TLY4 CMS 2 09/27/23 09/27/2023 - - 380.49 - - 03/29/2022 Interest 20033AZK5 ADS 3.3 06/29/23 06/29/2023 - - 650.24 - - 03/30/2022 Interest 949763TF3 WFC 3.3 08/30/23 08/30/2023 - - 672.66 - - 03/31/2022 Interest 91282CCZ2 T 0 7/8 09/30/26 09/30/2026 - - 2,187.50 - - Grand Total: 0.00 0.00 19,963.13 0.00 0.00
Run Date: 4/6/2022 - 1:53 PM
Amortizing
27City Council Regular Meeting - Page 66 of 192
Quarterly Economic and Market Update
March 2022
City Council Regular Meeting - Page 67 of 192
Economic and Market Update
*Estimates for the current quarter/month, some data are lagged Sources: FHN Main Street and Bloomberg Case-Shiller Home Prices YOY* 19.1% 18.4% 0.7%
Consumer Confidence 107.2 111.1 (3.9)
Gold (per ounce) $1,937.44 $1,829.20 $108.24
Dollar Index 98.31 95.67 2.64
U.S. Avg Regular Unleaded $4.22 $3.29 $0.93
Retail Sales YOY* 5.6% 16.6% (11.0%)
S&P 500 4,530 4,766 (4.9%)
Consumer Price Index YOY* 8.2% 7.0% 1.2%
1-5 Yr A-AAA Corporate Spread 0.47% 0.34% 0.13%
Dow Jones 34,678 36,338 (4.6%)
30 Year Mortgage Rate 4.90% 3.27% 1.63%
1-5 Yr Agency Spread 0.02% -0.01% 0.03%
10 Year T-Note 2.34% 1.51% 0.83%
U.S. Fed Debt Avg Yield* 1.50% 1.43% 0.07%
3 Year T-Note 2.51% 0.96% 1.56%
5 Year T-Note 2.46% 1.26% 1.20%
2 Year T-Note 2.34% 0.73% 1.60%
3 Month T-Bill 0.50% 0.04% 0.45%
Labor Force Participation 62.4% 61.9% 0.5%
Effective Fed Funds Rate 0.33% 0.07% 0.26%
U.S. Payrolls Monthly Change 431,000 588,000 (157,000)
Unemployment Rate 3.6% 3.9% (0.3%)
3/31/2022
Item 3/31/2022 12/31/2021 Change
2 City Council Regular Meeting - Page 68 of 192
Economic and Market Update
* Real Rate (Inflation Adjusted)
Source: Bureau of Economic Analysis
Estimate: Bloomberg's Survey of Economists
As of: 3/31/2022
3/31/2022

0.6 3.2

2.9 -1.4

5.2 4.7

1.8 3.3

2.3 1.3

0.6 2.4

1.2 2.4

2.0 1.9

2.3 2.9

3.8 3.1

3.4 1.9

0.9 2.4

3.2 2.8

1.9 -5.1
-31.2

33.8 4.5

6.3 6.7

2.3 6.9

1.5 3.3

3.0 2.5
-45
-35
-25
-15
-5
5 15
25 35
45 Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Q2 2016
Q3 2016
Q4 2016
Q1 2017
Q2 2017
Q3 2017
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Q1 2019
Q2 2019
Q3 2019
Q4 2019
Q1 2020
Q2 2020
Q3 2020
Q4 2020
Q1 2021
Q2 2021
Q3 2021
Q4 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
Percent
U.S. GDP (Quarter over Quarter Annualized)*
Estimates
3 City Council Regular Meeting - Page 69 of 192
Economic and Market Update
* Real Rate (Inflation Adjusted)
Source: Bureau of Economic Analysis
3/31/2022
Estimate: Bloomberg's Survey of Economists
As of: 3/31/2022

8.7 8.0

4.1 4.7
-0.6

7.1 2.1

2.1 -0.7

6.9 2.6

2.6 6.1

4.4 5.8

6.5 6.6

2.7 4.9

3.1 0.2

3.3 5.3

5.6 -0.5
-0.2

5.4 4.6

5.5 3.2
-0.3

2.5 -1.8

4.6 7.2

4.2 3.5

3.5 4.2

3.7 1.9
-0.1

3.5 2.8

4.0 2.7

3.8 4.4

4.5 4.8

4.1 1.0

1.7 2.8

3.9 3.5

2.8 2.0

0.1 -2.6

2.7 1.5

2.3 1.8

2.3 2.7

1.7 2.3

2.9 2.3
-3.4

5.7 3.5
-10
-9
-8
-7
-6
-5
-4
-3
-2
-1
0 1
2 3
4 5
6 7
8 9
10 1950
1952
1954
1956
1958
1960
1962
1964
1966
1968
1970
1972
1974
1976
1978
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
Percent
U.S. Annual GDP *
1980s 3.2% 1990s 3.2% 2000s 1.9% 2010s 2.3%1960s 4.5% 1970s 3.3%1950s 4.2% 4 City Council Regular Meeting - Page 70 of 192
Economic and Market Update
Source: Bureau of Labor Statistics
12 Month Average Job Change 541,167
3/31/2022
-22
-20
-18
-16
-14
-12
-10
-8
-6
-4
-2
0 2
4 6
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Millions
U.S. Monthly Non-Farm Payrolls Change
-25.0
-20.0
-15.0
-10.0
-5.0

0.0 5.0

10.0 15.0

20.0 Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Millions
U.S. Monthly Non-Farm Payrolls YOY Change
5 City Council Regular Meeting - Page 71 of 192
Economic and Market Update
Source: Bureau of Labor Statistics
3/31/2022
0 5
10 15
20 25
30 Sep-17
Nov-17
Jan-18
Mar-18
May-18
Jul-18
Sep-18
Nov-18
Jan-19
Mar-19
May-19
Jul-19
Sep-19
Nov-19
Jan-20
Mar-20
May-20
Jul-20
Sep-20
Nov-20
Jan-21
Mar-21
May-21
Jul-21
Sep-21
Nov-21
Jan-22
Mar-22
Percent
Unemployment Rates
U.S.A Nevada California Idaho Washington Hawaii Oregon Utah 6 City Council Regular Meeting - Page 72 of 192
Economic and Market Update
Source: Bureau of Labor Statistics
3/31/2022
128
130
132
134
136
138
140
142
144
146
148
150
152
154
Mar-12
Oct-12
May-13
Dec-13
Jul-14
Feb-15
Sep-15
Apr-16
Nov-16
Jun-17
Jan-18
Aug-18
Mar-19
Oct-19
May-20
Dec-20
Jul-21
Feb-22
Millions
U.S. Number of Employed
Full-Time and Part-TIme

60.0 60.5

61.0 61.5

62.0 62.5

63.0 63.5

64.0 Mar-12
Oct-12
May-13
Dec-13
Jul-14
Feb-15
Sep-15
Apr-16
Nov-16
Jun-17
Jan-18
Aug-18
Mar-19
Oct-19
May-20
Dec-20
Jul-21
Feb-22
Percent
U.S. Labor Force Participation Rate
7 City Council Regular Meeting - Page 73 of 192
Economic and Market Update
Source: Department of Labor and Bloomberg
3/31/2022
Weekly Initial Jobless Claims is the actual number of people who have filed for Unemployment benefits for the first time. The following five eligibility criteria must be met in order to file for unemployment benefits: 1. Meet the requirements of time worked during a 1 year period (full time or not). 2. Become unemployed through no fault of your own (cannot be fired). 3. Must be able to work; no physical or mental holdbacks. 4. Must be available for work. 5. Must be actively seeking work.

0.0 0.5

1.0 1.5

2.0 2.5

3.0 3.5

4.0 4.5

5.0 5.5

6.0 1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Millions
Weekly Initial Jobless Claims
(4 Week Moving Average)
8 City Council Regular Meeting - Page 74 of 192
Economic and Market Update
*Real: Inflation Adjusted
Source: U.S. Census Bureau Source: Conference Board
3/31/2022
-30
-20
-10
0 10
20 30
40 50
60 Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Percent
U.S. Real* Retail Sales YOY % Change
40 50
60 70
80 90
100
110
120
130
140
Sep-11
Mar-12
Sep-12
Mar-13
Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Mar-22
Index Value
U.S. Consumer Confidence
9 City Council Regular Meeting - Page 75 of 192
Economic and Market Update
CPIX: Consumer Price Index, excluding food and energy PCEC: Personal Consumption Expenditure Core Source: Bureau of Labor Statistics and Bureau of Economic Analysis 3/31/2022

0.0 1.0

2.0 3.0

4.0 5.0

6.0 7.0

8.0 9.0
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Percent
CPI and CPIX YOY % Change
CPI
CPIX

0.0 1.0

2.0 3.0

4.0 5.0

6.0 7.0
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Percent
PCE and PCEC YOY % Change
PCE
PCEC
10 City Council Regular Meeting - Page 76 of 192
Economic and Market Update
Sources: New (U.S. Census Bureau),Existing (National Assoc. of Realtors) Source: Case-Shiller Seasonally Adjusted Annual Rate
3/31/2022
0 2
4 6
8 10
12 14
16 18
20 22
Oct-13
Mar-14
Aug-14
Jan-15
Jun-15
Nov-15
Apr-16
Sep-16
Feb-17
Jul-17
Dec-17
May-18
Oct-18
Mar-19
Aug-19
Jan-20
Jun-20
Nov-20
Apr-21
Sep-21
YOY Percent
Case-Shiller 20 City U.S. Home Price Index
YOY % Increase
200
300
400
500
600
700
800
900
1,000
1,100

3.0 3.5

4.0 4.5

5.0 5.5

6.0 6.5

7.0 Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
New-Thousands
Existing-Millions
U.S. New and Existing Home Sales
Existing-Left
New-Right
11 City Council Regular Meeting - Page 77 of 192
Economic and Market Update
Source: U.S. Treasury
3/31/2022
$12
$13
$14
$15
$16
$17
$18
$19
$20
$21
$22
$23
$24
$25
$26
$27
$28
$29
$30
$31
$32
Mar-12
Sep-12
Mar-13
Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Trillions
U.S. Federal Debt Outstanding

1.3 1.5

1.7 1.9

2.1 2.3

2.5 2.7
Mar-12
Sep-12
Mar-13
Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Percent
U.S. Treasury Interest Bearing Debt Avg Rate
12 City Council Regular Meeting - Page 78 of 192
Economic and Market Update
Fed Funds Anticipated Rate from the March 17, 2022 FOMC Meeting Source: Bloomberg
3/31/2022

0.00 0.50

1.00 1.50

2.00 2.50

3.00 3.50
Apr-2022
May-2022
Jun-2022
Jul-2022
Aug-2022
Sep-2022
Oct-2022
Nov-2022
Dec-2022
Jan-2023
Feb-2023
Mar-2023
Apr-2023
May-2023
Jun-2023
Jul-2023
Aug-2023
Sep-2023
Oct-2023
Nov-2023
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Apr-2024
May-2024
Jun-2024
Jul-2024
Aug-2024
Sep-2024
Oct-2024
Nov-2024
Dec-2024
Jan-2025
Feb-2025
Mar-2025
Percent
Fed Funds Futures
Fed's Anticipated Rates
Fed Funds Futures
13 City Council Regular Meeting - Page 79 of 192
Economic and Market Update
Source: Bloomberg
Figures may not total due to rounding
3/31/2022
3Y 2.51 0.96 1.56
30Y 2.45 1.90 0.55
5Y 2.46 1.26 1.20
10Y

0.50 2.34 1.51 0.83
Change12/31/213/31/22
3M
Maturity

1.600.732.342Y

1.220.381.611Y

0.830.191.026M

0.450.04

0.0 0.5

1.0 1.5

2.0 2.5

3.0 3M 6M 1Y 2Y 3Yr 5Y 10Y 30Y
Percent
U.S. Treasury Yield Curve Change
3/31/22
12/31/21
0 20
40 60
80 100
120
140
160
180
3M
6M
1Y
2Y
3Yr
5Y
10Y
30Y
Basis Points
Basis Point Change
14 City Council Regular Meeting - Page 80 of 192
Economic and Market Update
Source: Bloomberg
3/31/2022

0.00 0.25

0.50 0.75

1.00 1.25

1.50 1.75

2.00 2.25

2.50 2.75
Mar-17
Jun-17
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Percent
U.S. Treasury Yields: 3M and 1Y
1Y
3M

0.00 0.25

0.50 0.75

1.00 1.25

1.50 1.75

2.00 2.25

2.50 2.75

3.00 3.25
Mar-17
Jun-17
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Percent
U.S. Treasury Yields: 2Y and 5Y
5Y
2Y
15 City Council Regular Meeting - Page 81 of 192
Economic and Market Update
Source: Bloomberg
3/31/2022
0 1
2 3
4 5
6 7
8 9
10 11
12 13
14 15
16 17
18 19
20 21
Jan-54
Jan-56
Jan-58
Jan-60
Jan-62
Jan-64
Jan-66
Jan-68
Jan-70
Jan-72
Jan-74
Jan-76
Jan-78
Jan-80
Jan-82
Jan-84
Jan-86
Jan-88
Jan-90
Jan-92
Jan-94
Jan-96
Jan-98
Jan-00
Jan-02
Jan-04
Jan-06
Jan-08
Jan-10
Jan-12
Jan-14
Jan-16
Jan-18
Jan-20
Jan-22
Percent
U.S. Treasury Yields 2Yr and 5Yr - Fed Funds Target Rate 5Yr
2Yr
Fed Funds
16 City Council Regular Meeting - Page 82 of 192
Economic and Market Update
Source: Bloomberg
3/31/2022
Global Treasury Rates
2 Year Yields 5 Year Yields 10 Year Yields
-0.16%
-0.08%
-0.06%
-0.04%
-0.03%

0.21%

0.28%

1.34%

1.81%

2.29%

2.33%
-4.0% -2.0% 0.0% 2.0% 4.0%
Switzlnd
Germany
Portugal
Japan
France
Spain
Italy
England
Australia
Canada
USA

0.03%

0.24%

0.37%

0.57%

0.62%

0.84%

1.18%

1.40%

2.41%

2.46%

2.60%
-4.0% -2.0% 0.0% 2.0% 4.0%
Japan
Switzlnd
Germany
France
Portugal
Spain
Italy
England
Canada
USA
Australia

0.21%

0.55%

0.57%

0.98%

1.35%

1.43%

1.61%

2.04%

2.34%

2.40%

2.84%
-2.0% -1.0% 0.0% 1.0% 2.0% 3.0%
Japan
Germany
Switzlnd
France
Portugal
Spain
England
Italy
USA
Canada
Australia
17 City Council Regular Meeting - Page 83 of 192
Economic and Market Update
ICE BofAML Index (option adjusted spread vs. Treasury) ICE BofAML Index (option adjusted spread vs. Treasury) 1-5Yr Non-Callable Agency (GVPB) Corporate A-AAA Excluding Yankee (CVAC) Source: ICE BofAML Indices
3/31/2022
Current Spread is 2 Current Spread is 47
-50
0 50
100
150
200
250
300
350
400
450
500
550
600
650
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: 1-5Yr Agency vs Treasury
0 50
100
150
200
250
300
350
400
450
500
550
600
650
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: 1-5Yr A-AAA Corporate vs Treasury
18 City Council Regular Meeting - Page 84 of 192
Economic and Market Update
*ICE BofAML Index (option adjusted spread vs. Treasury) *ICE BofAML Index (option adjusted spread vs. Treasury) AAA Rated ABS (R0A1) CMO Agency 0-3Yr PAC (CM1P)
Source: ICE BofAML Indices
3/31/2022
Current Spread is 72 Current Spread is 36
0 50
100
150
200
250
300
350
400
450
500
550
600
650
700
750
800
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: AAA Asset Backed vs Treasury
-150
-100
-50
0 50
100
150
200
250
300
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: 0-3Yr Agency CMO vs Treasury
19 City Council Regular Meeting - Page 85 of 192
Economic and Market Update
Source: Bloomberg
3/31/2022
-10.6 -9.2 -8.8 -7.7 -6.5 -6.5 -6.4 -6.1 -5.8 -5.6 -4.9 -4.9 -4.6 -4.1 -3.8 -3.1 -2.5 -0.2

2.6 5.8

28.6 36.4
(20)
(10)
0 10
20 30
40 Percent
Selected Sector Quarterly Total Returns
20 City Council Regular Meeting - Page 86 of 192
Economic and Market Update
Source: Bloomberg
3/31/2022
-11.7 -8.9
-4.9 -4.3 -4.0 -3.8 -3.1 -1.7 -1.0 -0.2

0.3 0.9 4.2 4.4 4.7 6.8

13.3 14.2 15.5

21.3 56.0

82.9 (20)
0 20
40 60
80 100
Percent
Selected Sector Year-Over-Year Total Returns
21 City Council Regular Meeting - Page 87 of 192
Economic and Market Update
Sources: Bloomberg, FHN Main Street
3/31/2022

0.85 1.05

1.25 1.45

1.65 1.85

2.05 2.25

2.45 2.65
12/31/21
1/3/22
1/6/22
1/9/22
1/12/22
1/15/22
1/18/22
1/21/22
1/24/22
1/27/22
1/30/22
2/2/22
2/5/22
2/8/22
2/11/22
2/14/22
2/17/22
2/20/22
2/23/22
2/26/22
3/1/22
3/4/22
3/7/22
3/10/22
3/13/22
3/16/22
3/19/22
3/22/22
3/25/22
3/28/22
3/31/22
Percent
5 Year Treasury Note Yield
Fed Presidents Kashkari,
Daly, and Bullard
Emphasize Need For
Hikes in 2022
Rate Hike and
Inflationary
Pressures Push
Yields Higher
Powell Confirms
March Rate Hike
in Congressional
Testimony
FOMC President Bullard
Says He Favors 100bps of
Hikes by June
Jan Payrolls Beat
Expectations
Fed Hikes
25bps
Fall in Tech Stocks
Spur Flight to
Quality
Commodities Surge
on Russian
Escalation
Strong Q4 GDP
From Inventory
Buildup
Powell Says FOMC
Open to 50bps Hike
in May
Geopolitical Concerns
Mount With
Russia/Ukraine
22 City Council Regular Meeting - Page 88 of 192
Economic and Market Update
Sources: Bloomberg, FHN Financial, FHN Main Street
3/31/2022
32,000
33,000
34,000
35,000
36,000
37,000
38,000
12/31/21
1/3/22
1/6/22
1/9/22
1/12/22
1/15/22
1/18/22
1/21/22
1/24/22
1/27/22
1/30/22
2/2/22
2/5/22
2/8/22
2/11/22
2/14/22
2/17/22
2/20/22
2/23/22
2/26/22
3/1/22
3/4/22
3/7/22
3/10/22
3/13/22
3/16/22
3/19/22
3/22/22
3/25/22
3/28/22
3/31/22
Dow Jones Industrial Average
Oil Prices Fall, Providing
Relief From Increasing
Energy Prices
Apple Earnings Beat
Expectations, Buoy
Stocks
President Xi Signals
Opposition to War
in Ukraine
FOMC Minutes Show
Fed's Hawkish Stance
Amazon Reports
Strong Earnings
Consumer Sentiment
Drops to Lowest Level
Since 2008
Disappointing
Earnings in Tech
Sector Sparks
Pessimism
Powell Says
Inflation is Too Hot
Gas Hits Avg.
$4/Gallon Nationally;
Highest Since 2008
Russia Attacks
Ukraine
23 City Council Regular Meeting - Page 89 of 192
Disclosure
This report represents the opinions of FHN Financial Main Street Advisors, LLC and should not be considered predictive of any future market performance. Opinions are subject to change without notice. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered investment advice or a recommendation of any particular security, investment strategy, or investment product.

Although this information has been obtained from sources which we believe to be reliable, we do not guarantee its accuracy, a nd it may be incomplete or condensed.

This is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. All herein listed securities are subject to availability and change in price. Past performance is not indicative of future results, and changes in any assumpt ions may have a material effect on projected results. Ratings on all securities are subject to change.

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AGENDA STAFF REPORT
DATE:

April 19, 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:

INVESTMENT POLICY CERTIFICATION
Recommendation:

It is also recommended that the Certification is placed on the City's website as well as in the next LNP.

Background:

The CMTA Investment Policy Certification Program provides professional guidance and assistance in developing and/or improving investment policies that meet industry best practices for California’s public sector agencies and districts.

The benefits of having the City's Investment Policy Certified by the California Municipal Treasurers Association are:

Trust, confidence and verification to Governing Body that the policy has been reviewed and certified by a professional organization within California
The policy has been reviewed by fellow CMTA members, many of which have earned the Certified California Municipal Treasurers (CCMT) designation.

To show transparency of the Governing Body and to the public To demonstrate that due diligence was performed on the Investment Policy California Government Code sections are included (cited) in policy Assist to satisfy auditors when reviewing the Investment Policy Eighteen areas of Investment Policies are addressed: Scope, Prudence, Objective, Delegation of Authority, Ethics and Conflicts of Interest, Authorized Financial Dealers and Institutions, Authorized and Suitable Investments, Review of Investment Portfolio, Investment Pools/Mutual Funds, Collateralization, Safekeeping and Custody, Diversification, Maximum Maturities, Internal Controls, Performance Standards, Reporting, Investment Policy Adoption and Glossary.

City Council Regular Meeting - Page 91 of 192
Discussion and Analysis:

The attached Press Release and Certification was issued by the California Municipal Treasurer's Association recognizing the Certification for the City of Lynwood's Investment Policy.

The Investment Policy Certification recognizes that CMTA has validated that the City of Lynwood’s Investment Policy adheres with the State of California Government Code and meets the program requirements within 18 different topics areas deemed to be best practices for investment policies. Those topics include: Scope, Prudence, Objective, Delegation of Authority, Ethics and Conflicts of Interest, Authorized Financial Dealers and Institutions, Authorized and Suitable Investments, Review of Investment Portfolio, Investment Pools/Mutual Funds, Collateralization, Safekeeping and Custody, Diversification, Maximum Maturities, Internal Controls, Performance Standards, Reporting, Investment Policy Adoption and Glossary. Once a policy is received by CMTA, it is independently evaluated using a scoring matrix by three separate CMTA professionals. When the agency receives a passing score, the Investment Policy earns the ‘Certified’ distinction.

Fiscal Impact:

There is no fiscal impact
Coordinated With:

FHN Financial Main Street Advisors
ATTACHMENTS:

Description
Investment Policy Certification - March 2022
Press Release
Score Card 1
Score Card 2
Score Card 3
City Council Regular Meeting - Page 92 of 192

California Municipal
Treasurers Association

Investment Policy Certification
Issued on 03/21/2022

City of Lynwood

The California Municipal Treasurers Association certifies that the investment policy of the City of Lynwood complies with the current State statutes governing the investment practices of local government entities located within the State of California.

President Date

03/21/2022
City Council Regular Meeting - Page 93 of 192

News Release

FOR IMMEDIATE RELEASE
Date: March 21, 2022
For more information contact:

Shaun L. Farrell, Chairperson
CMTA Investment Policy Certification
Phone: 209-712-0428
Email: [email protected]

(Sacramento, California) – The California Municipal Treasurers Association (CMTA) Investment Policy Certification has been granted to the City of Lynwood.

This Investment Policy Certification recognizes that CMTA has validated that the City of Lynwood’s Investment Policy adheres with the State of California Government Code and meets the program requirements within 18 different topics areas deemed to be best practices for investment policies. Those topics include: Scope, Prudence, Objective, Delegation of Authority, Ethics and Conflicts of Interest, Authorized Financial Dealers and Institutions, Authorized and Suitable Investments, Review of Investment Portfolio, Investment Pools/Mutual Funds, Collateralization, Safekeeping and Custody, Diversification, Maximum Maturities, Internal Controls, Performance Standards, Reporting, Investment Policy Adoption and Glossary. Once a policy is received by CMTA, it is independently evaluated using a scoring matrix by three separate CMTA professionals. When the agency receives a passing score, the Investment Policy earns the ‘Certified’ distinction.

To enhance the municipal treasurer’s role, CMTA has developed a number of certification programs to reflect best practices and increase an individual’s knowledge of fixed income instruments. The Investment Policy Certification program began in 2012 with the support from the California Debt and Investment Advisory Commission. It is open to all government agencies within the State of California including special districts, cities and counties.

CMTA was founded in 1958 by a handful of Municipal Treasurers from both Northern and Southern California whose primary interest was to improve their function in local Government. CMTA is a professional organization governed by active public officials who are representatives of their own local governmental units.

City Council Regular Meeting - Page 94 of 192

CMTA Investment Policy Scorecard

NAME OF ENTITY:

City of Lynwood
EVALUATOR:

Deborah M. Higgins, Higgins Capital

SECTIO N 2 – SCOPE – MAX 5 POINTS 5 SECTIO N 11 – COLLATERALIZATIO N – MAX 5 POINTS 4 SECTIO N 3 – PRUDENC E – MAX 5 POINTS 5 SECTIO N 12 – SAFEKEEPIN G AND CUSTOD Y – MAX 5 POINTS 5 SECTIO N 4 – OBJECTIV E – MAX 5 POINTS 4 SECTIO N 13 – DIVERSIFICATIO N – MAX 5 POINTS 4 SECTIO N 5 – DELEGATIO N OF AUTHORIT Y – MAX 5 POINTS 5 SECTIO N 14 – MAXIMU M MATURITIE S – MAX 5 POINTS 5 SECTIO N 6 – ETHIC S AND CONFLICT S OF INTERES T – MAX 5 POINTS 5 SECTIO N 15 – INTERNA L CONTROL S – MAX 5 POINTS 5 SECTION 7 – AUTHORIZED DEALERS & INSTITUTIONS – MAX 5 POINTS 5 SECTIO N 16 – PERFORMIN G STANDARD S – MAX 5 POINTS 5 SECTION 8 – AUTHORIZED & SUITABLE INVESTMENTS – MAX 10 POINTS 10 SECTIO N 17 – REPORTIN G – MAX 10 POINTS 5 SECTIO N 9 – REVIE W OF INVESTMEN T PORTFOLI O – MAX 5 POINTS 5 SECTIO N 18 – INVESTMEN T POLIC Y ADOPTIO N – MAX 5 POINTS 5 SECTION 10 – INVESTMENT POOLS/MUTUAL FUNDS – MAX 5 POINTS 5 SECTIO N 19 – GLOSSAR Y – MAX 5 POINTS 4 TOTAL 49 TOTAL 42
GRAND TOTAL 91
CERTIFIE D (85 POINTS OR ABOVE):

YES NO
EVALUATO R COMMENTS:

Section 4 – Objective. Suggest you reword the paragraph on investments that exceed 5 years due to the fact as written, it is confusing and reads as if the City Treasurer has the authority to exceed the 5y stated final instead of stating the City Council has approved investments past 5 years and delegated that authority to the City Treasurer.

Section 11 – Collateralization. Your IP states…Collateral for Certificates of Deposit (CD) and Negotiated Certificates of Deposit (NCD) must comply with Government Code, Chapter…Suggest you change Negotiated Certificates of Deposit to Non-Negotiable Certificates of Deposit must comply...Negotiable Certificates of Deposit are actual securities with cusips and trade on the secondary market. They are NOT collateralized.

Section 13 – Diversification. You IP states that no more that 50% of the City’s total investment portfolio will be invested in with a single institution. I assume that this is a typographical error, and you mean 5% in any single issuer? Suggest you correct the percentage amount to 5% from 50%.

Section 17 – Reporting. Your IP sites both 53607 and 53646 in reporting but addresses on the quarterly reporting specifics. 53607 requires that you report monthly to your council any transactions. On the quarterly report, I suggest you add that it will be submitted to your council within 30 days following the end of the quarter covered.

Section 19 – Glossary. Make sure the definitions in your Glossary are a part of the body of the Investment Policy.

For example, Accretion, Amortization, and Asked are only found in the Glossary.

City Council Regular Meeting - Page 95 of 192

CMTA Investment Policy Scorecard

NAME OF ENTITY:

City of Lynwood
EVALUATOR:

Jayson Schmitt
SECTION 2 – SCOPE – MAX 5 POINTS 5 SECTION 11 – COLLATERALIZATION – MAX 5 POINTS 5 SECTION 3 – PRUDENCE – MAX 5 POINTS 5 SECTION 12 – SAFEKEEPING AND CUSTODY – MAX 5 POINTS 5 SECTION 4 – OBJECTIVE – MAX 5 POINTS 5 SECTION 13 – DIVERSIFICATION – MAX 5 POINTS 5 SECTION 5 – DELEGATION OF AUTHORITY – MAX 5 POINTS 5 SECTION 14 – MAXIMUM MATURITIES – MAX 5 POINTS 5 SECTION 6 – ETHICS AND CONFLICTS OF INTEREST – MAX 5 POINTS 5 SECTION 15 – INTERNAL CONTROLS – MAX 5 POINTS 5 SECTION 7 – AUTHORIZED DEALERS & INSTITUTIONS – MAX 5 POINTS 5 SECTION 16 – PERFORMING STANDARDS – MAX 5 POINTS 5 SECTION 8 – AUTHORIZED & SUITABLE INVESTMENTS – MAX 10 POINTS 10 SECTION 17 – REPORTING – MAX 10 POINTS 10 SECTION 9 – REVIEW OF INVESTMENT PORTFOLIO – MAX 5 POINTS 5 SECTION 18 – INVESTMENT POLICY ADOPTION – MAX 5 POINTS 5 SECTION 10 – INVESTMENT POOLS/MUTUAL FUNDS – MAX 5 POINTS 2 SECTION 19 – GLOSSARY – MAX 5 POINTS 5 TOTAL 47 TOTAL 50
GRAND TOTAL 97
CERTIFIED (85 POINTS OR ABOVE):

YES NO
EVALUATOR COMMENTS:

SECTION 10 – INVESTMENT POOLS/MUTUAL FUNDS – Although a review of the pool is described in the investment policy (section 8.F) , the City might consider including a questionnaire.

Very well written investment policy. It was easy to follow and is a good description of the City’s investment program.

City Council Regular Meeting - Page 96 of 192

CMTA Investment Policy Scorecard

NAME OF ENTITY: City of Ly nwood

EVALUATOR: Lauren Brant

SECTIO N 2 – SCOP E – MAX 5 POINTS 4 SECTIO N 11 – COLLATERALIZATIO N – MAX 5 POINTS 5 SECTIO N 3 – PRUDENC E – MAX 5 POINTS 5 SECTIO N 12 – SAFEKEEPIN G AND CUSTOD Y – MAX 5 POINTS 5 SECTIO N 4 – OBJECTIV E – MAX 5 POINTS 5 SECTIO N 13 – DIVERSIFICATIO N – MAX 5 POINTS 4 SECTIO N 5 – DELEGATIO N OF AUTHORIT Y – MAX 5 POINTS 5 SECTIO N 14 – MAXIMU M MATURITIE S – MAX 5 POINTS 5 SECTIO N 6 – ETHIC S AND CONFLICT S OF INTERES T – MAX 5 POINTS 5 SECTIO N 15 – INTERNA L CONTROL S – MAX 5 POINTS 5 SECTION 7 – AUTHORIZED DEALERS & INSTITUTIONS – MAX 5 POINTS 4 SECTIO N 16 – PERFORMIN G STANDARD S – MAX 5 POINTS 5 SECTION 8 – AUTHORIZED & SUITABLE INVESTMENTS – MAX 10 POINTS 9 SECTIO N 17 – REPORTIN G – MAX 10 POINTS 9 SECTIO N 9 – REVIE W OF INVESTMEN T PORTFOLI O – MAX 5 POINTS 5 SECTIO N 18 – INVESTMEN T POLIC Y ADOPTIO N – MAX 5 POINTS 5 SECTION 10 – INVESTMEN T POOLS/MUTUA L FUNDS – MAX 5 POINTS 0 SECTIO N 19 – GLOSSAR Y – MAX 5 POINTS 5 TOTAL 42 TOTAL 48
GRAND TOTAL 90
CERTIFIE D (85 POINTS OR ABOVE):

YES NO
EVALUATO R COMMENTS:

The City’s Investment Policy is very comprehensive. Language in certain sections of the Policy is redundant; however, the rep etitiveness works to reinforce the City’s objectives.

Although not required by Code, I appreciate the inclusion of language requiring training for investment officials.

Scope. The City may want to consider excluding the proceeds from bond issuances from this section as they are typically gove rned by their respective bond documents.

Authorized Dealers & Institutions. Since the City specifically allows the use of an external investment advisory firm, it’s recommended to include language about the metrics used to evaluate the firm on an annual ba sis, including licenses and other information the City would like to have on file (e.g., ADV Form, FINRA lice nses).

Authorized Investments. It is somewhat unclear if the City allows investment in issuers with a flat A2 rating, or investments that are in the A category, which includes A1 and A3 ratings.

Diversification. The City may want to reconsider the 50% limit per institution for non-government securities.

City Council Regular Meeting - Page 97 of 192

City Council Regular Meeting - Page 98 of 192
Agenda Item # 12.

AGENDA STAFF REPORT
DATE:

April 19, 2022

TO:

Honorable Mayor and Members of the City Council

APPROVED BY:

Ernie Hernandez, City Manager

PREPARED BY:

Michael M. Blazenski, Interim Director of Finance & Administration

SUBJECT:

FINANCIAL STATUS REPORT – JANUARY 2022 & FEBRUARY 2022
Recommendation:

Staff recommends that the City Council receive and file this report.

Background:

The California 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:

The Finance & Administration Department has prepared the attached monthly financial status reports (January 2022 & February 2022) for the General Fund for the City of Lynwood. It is the objective of the Department to prepare a monthly status report on a monthly basis, which exceeds the recommendation by the California State Auditor.

Each monthly report provides a brief overview of the City finances as it pertains to the General Fund for seven months ending January 31, 2022 and eight months ending February 28, 2022, respectively. Brief explanations are included along with Revenue and Expenditures actual activity.

Please note, these months are unaudited; however, the information presented does represent the cash activity for the General Fund for the periods indicated.

Fiscal Impact:

The action recommended in the report does not have a fiscal impact on the City; the report is solely informational.

City Council Regular Meeting - Page 99 of 192
Coordinated With:

City Manager’s Office
City Attorney
ATTACHMENTS:

Description
Financial Status Report - January 2022
Financial Status Report - February 2022
City Council Regular Meeting - Page 100 of 192
CITY OF LYNWOOD
FINANCIAL STATUS REPORT
Fiscal Year 2021‐22
Seven months ending January 31, 2022
(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 of the City’s general fiscal condition. This report is for the seven months ending January 31, 2022.

GENERAL FUND BUDGET POSITION

The City Council adopted the FY 2021‐22 budgets on July 20, 2021 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 $38,146,043 and expenditures to $39,637,527.

GENERAL FUND REVENUES

Table 1 highlights the amount and percentage of revenues received in each of the major classifications as of January 31, 2022. The first seven months results for fiscal year 2021‐22 show General Fund revenues coming in at 47% of budget.

This is typical at this time of the year due to the cyclical nature of when revenue receipts are received. More of the revenues are received in the second half of the year. In the case of Sales Tax, the majority is received later in the year.

Table 1
GENERAL FUND REVENUES
As of January 31, 2022
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 $ 5,359,799 $ 45% Property Tax 11,749,426 11,749,426 6,258,542 53% Utility User Tax 5,270,000 5,270,000 2,871,145 54% Other Taxes & Assessments 1,584,964$ 1,584,964 $ 494,068 $ 31% Licenses & Permits 805,100 906,784 $ 614,125 68% Fines, Forfeitures, Penalties 913,500 913,500 653,990 72% Use of Money & Property 382,997 382,997 118,500 31% Intergovernmental 149,929 149,929 120,734 81% Charges for Services 1,239,445 1,239,445 913,519 74% Administrative support 1,118,674 1,118,674 125,000 11% Miscellaneous 747,850 747,850 248,459 33% Transfer in 2,097,474 2,097,474 37,858 2% Total Revenues 38,044,359 $ 38,146,043 $ 17,815,739 $ 47%

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 January are at 53% City Council Regular Meeting - Page 101 of 192
of the annual budget. This percentage is about what is expected since the first half of property taxes have been paid to the County. It appears that property taxes will exceed the budgeted amount and an adjustment has been proposed at the midyear review.

Sales Tax including Measure PS comprises 31.5%
of the total annual General Fund revenues. Revenues received through December came in at 45% 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 year; however, an adjustment has been proposed at the midyear review.

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 54% 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 January came in at 31% 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 January 31 came in at 68% of the adopted budgeted amount.

Charges for Services comprises 3.1% of the total General Fund annual revenues. Revenues received through January 31
came in at 74% of the adopted budgeted amount. While this is very encouraging, this category is variable so the City is still being conservative and keeping the same budgeted amount.

City Council Regular Meeting - Page 102 of 192

GENERAL FUND EXPENDITURES

Table 2 highlights the amount and percentage expended by each department. As of January 31, the General Fund departments combined have expended 43% of the budget which is typical for seven months of the fiscal year.

Table 2
GENERAL FUND EXPENDITURES
As of January 31, 2022

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 $ 328,410 $ 138,654 $ 42% City Manager 1,603,422 1,603,422 653,966 41% City Attorney 315,560 315,560 122,851 39% Information Technology 548,823 548,823 261,898 48% Human Resources 919,285 919,285 241,367 26% City Treasurer 223,382 223,382 101,045 45% Public Safety 20,541,020 20,541,020 10,158,937 49% City Clerk 330,858 330,858 129,651 39% Finance &Administration 522,791 522,791 286,050 55% Community Development 4,464,656 4,678,803 2,113,258 45% Public Works 2,787,617 2,787,617 1,317,746 47% Community Services 3,419,876 3,419,876 1,429,254 42% Successor Agency Admin 279,068 279,068 157,443 56% Trans fers 3,138,612 3,138,612 - 0% Total Expenditures 39,403,060$ 39,637,527 $ 17,112,120 $ 43%

As discussed above the overall expenditures are at a level that is expected for the first seven 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.

City Council Regular Meeting - Page 103 of 192
CITY OF LYNWOOD
FINANCIAL STATUS REPORT
Fiscal Year 2021‐22
Eight months ending February 28, 2022
(Unaudited)

GENERAL FUND BUDGET POSITION

GENERAL FUND REVENUES

Table 1 highlights the amount and percentage of revenues received in each of the major classifications as of February 28, 2022. The first eight months results for fiscal year 2021‐22 show General Fund revenues coming in at 53% of budget. This
is typical at this time of the year due to the cyclical nature of when revenue receipts are received. More of the revenues are received in the second half of the year. In the case of Sales Tax, the majority is received later in the year.

Table 1
GENERAL FUND REVENUES
As of February 28, 2022
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 $ 6,882,893 $ 57% Property Tax 11,749,426 11,749,426 6,441,816 55% Utility User Tax 5,270,000 5,270,000 3,174,462 60% Other Taxes & Assessments 1,584,964$ 1,584,964 $ 541,387 $ 34% Licenses & Permits 805,100 906,784 $ 638,996 70% Fines, Forfeitures, Penalties 913,500 913,500 708,898 78% Use of Money & Property 382,997 382,997 139,095 36% Intergovernmental 149,929 149,929 120,734 81% Charges for Services 1,239,445 1,239,445 968,941 78% Administrative support 1,118,674 1,118,674 125,000 11% Miscellaneous 747,850 747,850 249,537 33% Transfer in 2,097,474 2,097,474 37,858 2% Total Revenues 38,044,359 $ 38,146,043 $ 20,029,617 $ 53%

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 January are at 55% City Council Regular Meeting - Page 104 of 192
of the annual budget. This percentage is about what is expected since the first half of property taxes have been paid to the County. It appears that property taxes will exceed the budgeted amount and an adjustment has been proposed at the midyear review.

Sales Tax including Measure PS comprises 31.5%
of the total annual General Fund revenues. Revenues received through December came in at 57% of the 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 year; however, an adjustment has been proposed at the midyear review.

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 60% 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 February came in at 34% 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 February 28 came in at 70% of the adopted budgeted amount.

Charges for Services comprises 3.1% of the total General Fund annual revenues.

Revenues received through February 28
came in at 78% of the adopted budgeted amount. While this is very encouraging, this category is variable so the City is still being conservative and keeping the same budgeted amount.

City Council Regular Meeting - Page 105 of 192

GENERAL FUND EXPENDITURES

Table 2 highlights the amount and percentage expended by each department. As of February 28, the General Fund departments combined have expended 48% of the budget which is typical for seven months of the fiscal year.

Table 2
GENERAL FUND EXPENDITURES
As of February 28, 2022

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 $ 338,410 $ 166,025 $ 49% City Manager 1,603,422 1,603,422 755,730 47% City Attorney 315,560 315,560 208,268 66% Information Technology 548,823 548,823 295,483 54% Human Resources 919,285 919,285 295,134 32% City Treasurer 223,382 223,382 120,956 54% Public Safety 20,541,020 20,541,020 11,113,533 54% City Clerk 330,858 330,858 152,323 46% Finance &Administration 522,791 522,791 325,456 62% Community Development 4,464,656 4,678,803 2,450,467 52% Public Works 2,787,617 2,787,617 1,498,956 54% Community Services 3,419,876 3,419,876 1,651,888 48% Successor Agency Admin 279,068 279,068 174,952 63% Trans fers 3,138,612 3,138,612 - 0% Total Expenditures 39,403,060$ 39,647,527 $ 19,209,171 $ 48%

As discussed above the overall expenditures are at a level that is expected for the first eight 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.

City Council Regular Meeting - Page 106 of 192
Agenda Item # 13.

AGENDA STAFF REPORT
DATE:

April 19, 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:

APPROVAL OF A COMMERCIAL FACADE GRANT PROGRAM AND ARPA

APPROPRIATION FOR PROGRAM IMPLEMENTATION
Recommendation:

Staff recommends that the City Council:

1. Approve the Commercial Façade Grant Program with edits as requested by council.

2. Approve the retention of a service provider to promote the program and meet with business owners and tenants.

Background:

At its regular meeting of February 1, 2022, the Lynwood City Council approved Resolution No. 2022.018 reserving and appropriating Coronavirus Local Recovery Funds awarded to the City of Lynwood under the American Rescue Plan Act of 2021 (ARPA). Recovery Funds are intended to provide support to state local and tribal governments in responding to the impact of COVID-19 and in their efforts to contain COVID-19 on their communities, residents and businesses.

The Lynwood City Council has determined that Recovery Funds awarded to Lynwood should be expended to support programs, partnerships and projects that will speed up the City’s recovery from the economic and health effects of the Coronavirus pandemic while providing the broadest possible community benefit including infrastructure improvements that support economic recovery and local business revitalizations.

This item was previously presented to the City Council at its March 15, 2022 meeting. City Council requested that the following items be addressed in the program before reconsideration. These items included the confirmation that 1) hotels and motels were not qualified for this facade program, 2) alternative security systems, such as cameras or glass film would be an appropriate replacement for steel security gates, 3) paint colors would have to follow the City ordinance number 1572 and receive a permit, and 4) businesses who did receive a previous Federal or State Covid rental or operations assistance could remain qualified for this facade program.

City Council Regular Meeting - Page 107 of 192
Discussion and Analysis:

Commercial areas are a high priority for the City and require community investment to support public safety and enhance the general customer experience. Utilizing the $830,000 appropriated for Economic Development under the City’s adopted ARPA plan, staff is proposing a Commercial Façade Grant Program to assist business property owners in the hardest hit commercial areas of the City. The proposed grant program would establish the Business Beautification/Façade Improvement Plan to issue grants of up to $10,000 to approximately 75 businesses and retain a service provider to assist in program promotion and implementation. The service provider will be retained at a future date following the City’s procurement procedures. The funds would support basic repairs, façade improvements and beautification of high-need commercial corridors in the city affected by COVID-19 closures and other safety or quality of life impacts. The amount of the individual grant is limited in order to provide the greatest flexibility to implement the program immediately and generally not cause increased construction costs based on the limited grant amount.

The program intent is to focus on property and businesses that are generally single units and not chains, provide retail services and products to the general public and in full compliance with all city ordinances. Excluded from the program are any national brand companies/retailers/personal service providers. Property owners and tenants must mutually agree to the grant and identified façade enhancement; tenants must have a minimum of one (1) year remaining on their lease. Qualifying property/business owners are those located within city limits on Imperial Highway, Atlantic Avenue, Long Beach Boulevard and storefront must be visual from the street along one of the identified business corridors.

At the Council meeting of March 15, 2022, the Council requested several clarifications and edits to the program.

Those clarifications and edits have been made to the attached program documents.

Fiscal Impact:

Staff is requesting approval of an appropriation of $830,000 from the ARPA fund as follows:

Fund
Dept
Div
Object
Description
Amount
1055
85 249
65060
Business Beautification/
Façade Improvement
$830,000
1055

Budgetary Fund Balance
($830,000)

Coordinated With:

Finance
City Attorney
City Manager
ATTACHMENTS:

Description
Attachment A - Resolution
Attachment B - Draft Commercial Façade Grant Program Guidelines & Application City Council Regular Meeting - Page 108 of 192
RESOLUTION NO. ________________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING A COMMERCIAL FAÇADE GRANT PROGRAM AND THE
APPROPRIATION OF $ 830,000 IN ARPA FUNDING FOR PROGRAM

IMPLEMENTATION

WHEREAS, the Lynwood City Council approved R esolution No. 2022.018 reserving and appropriating Coronavirus Local Recovery Funds awarded to the City of Lynwood under the American Rescue Plan Act of 2021 (ARPA); and

WHEREAS, $ 830,000 is appropriated for Economic Development under the City’s adopted ARPA plan will assist business property owners in the commercial areas of the city through the proposed Commercial Façade Grant Program; and

WHEREAS, City will retain an advisor , for up to $80,000 to promote the façade program to all qualifying property o wners and businesses to ensure immediate exposure and response for community enhancement along and beautification of the high-need commercial corridors in the City; and

WHEREAS, grants of up to $ 10,000 would support basic repairs, façade improvements and beautification of high -need commercial corridors in the city affected by COVID-19 closures and other safety or quality of life impacts.

NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, PROCLAIM, ORDER AND RESOLVE AS FOLLOWS:

Section 1. The City Council for the City of Lynwood finds and declares that the forgoing recitals are true and correct, and incorporates said recitals fully into this Resolution as substantive findings.

Section 2. The City Council further finds that the requ ested program and appropriation serves the important community purpose of improving and beautifying the commercial areas of the City.

Section 3. The City Council further authorizes the City Manager to direct staff to identify and approve the appropriate financial accounts to support the program as presented in the Commercial Façade Grant Program Guidelines & Application as Attachment B.

City Council Regular Meeting - Page 109 of 192
Section 4. The City Council approves the following appropriation:

Fund Dept Div Object Description Amount
1055 85 249 65060 Business Beautification/
Façade Improvement
$830,000
1055 Budgetary Fund Balance ($830,000)

Section 5. This resolution shall take effect immediately upon its adoption.

PASSED, APPROVED AND ADOPTED THIS 19th day of April 2022.

__________________________
Jorge Casanova, Mayor

ATTEST:

___________________________ __________________________
Maria Quinonez, City Clerk Ernie Hernandez, City Manager

APPROVED AS TO FORM: APPROVED AS TO CONTENT:

___________________________ __________________________
Noel Tapia, City Attorney John Yonai, Interim Director of Community Development

City Council Regular Meeting - Page 110 of 192

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 said City at its regular meeting thereof held in the City Hall 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 C lerk 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 111 of 192

City Council Regular Meeting - Page 112 of 192

I. GENERAL INFORMATION

A. PURPOSE

The Commercial Façade Program (Program) offered through the Community Development Department of the City of Lynwood (City) is a tool for the revitalization of targeted commercial areas, specifically the main corridors (map attached). The City wishes to improve the exterior visual appearance of commercial properties in the City, thereby increasing their attractiveness to potential new businesses and customers.

The Program is funded with Federal American Rescue Plan Act (ARPA) funds.

1. Goals
 Improve visual quality of the building façades
 Enhance or restore buildings to create attraction for new businesses  Restore economic vitality and investment confidence
 Assist businesses negatively impacted by the COVID-19 pandemic  Achieve a high standard of design for individual buildings  Use of high quality materials and workmanship on building façades

2. Summary Requirements
 This program is only available to owners and tenants (minimum of 1 year remaining on their lease) of commercial properties
 Funds must be used for exterior improvements only
 Businesses must have been negatively impacted by the COVID-19 pandemic (directly or indirectly)
 Property taxes must be paid current
 Current business license and no active code enforcement issues pending  All improvements must conform to the City’s Municipal Code and California Building Code requirements
 Funds are available on a first-come-first-served basis

3. Award
 Approved applicants are eligible to receive a grant up to $10,000

II. ELIGIBILITY

A. ELIGIBLE BUSINESSES

This program is available to eligible commercial properties in the designated main corridors (map attached). Eligibility is determined by the City based upon the Federal American Rescue Plan Act (ARPA) Program guidelines. In addition to this service area requirement, the building must be on or adjacent to a commercial thoroughfare. The following types of businesses and uses are eligible to participate in the Program:

 Retail, restaurant, or service* businesses
 Commercial properties that include retail, restaurant or service businesses  Other commercial businesses/property types (cultural, office, etc.) are considered on a case-by-case basis, so long as the business or property is located within one of the main corridors

City Council Regular Meeting - Page 113 of 192

*Service businesses include, among others: personal and pet care services (barbershops, beauty salons, nail salons, pet grooming, etc.), repair services (auto, furniture, electronics, etc.), laundry and dry-cleaning services, caterers, and fitness centers

B. BUSINESSES NOT ELIGIBLE

The following types of businesses and uses are ineligible to participate in the Program:

 Residential buildings
 Franchise and chain businesses
 Branch banks
 Vacant buildings
 Shopping Centers

C. ELIGIBLE COSTS AND IMPROVEMENTS

All eligible façade improvements must be consistent with Program goals, land use, architectural design guidelines, and applicable zoning and building codes. Eligible costs include:

 Architectural Design fees, and other fees as determined pertinent by the Community Development Director
 Labor and materials for eligible façade improvements
 Exterior building alterations to improve accessibility

Program funds must be used for eligible exterior improvements, based on the following order of priority:

1. Basic building façade improvements:
 Exterior Painting (city approved neutral or earth tone colors, Ord. #1572)  Door and window repair or replacement
 Anti-graffiti film for glass windows and doors
 Roof parapet walls to screen air conditioning equipment  Professionally designed signage
 Lighting, including safety lighting
 Security Bar removal
*Optional~ Implementation of enhanced security measures (i.e. video surveillance equipment, security systems or door lock upgrades, etc.)  Code Violations

2. Supplementary façade improvements:
 Canvas awnings
 Decorative brick, stone veneer and/or tile accents
 Roof parapet walls for decorative purposes
 Moldings, cornices, and trim
 Landscape

City Council Regular Meeting - Page 114 of 192

D. INELIGIBLE COSTS AND IMPROVEMENTS

Ineligible improvements include, but are not limited to improvements that do not conform to Program goals, land use, architectural design guidelines, and applicable zoning and building codes, such as:

 Parking lot or paving improvements
 Trash receptacles and other streetscape accessories
 Painted wall signs, vinyl wall signs, banners, temporary signage or window signs
 Use of exposed neon
 Security bars or security gates
 Bare aluminum storefronts
 Any work that was started prior to Program approval
 Refinancing of existing debt
 New construction and additions
 Any work involving freestanding signs or fencing

III. GRANT TERMS

A. GRANT AMOUNT

The City will provide funding assistance based on the needs of the project up to a maximum of $10,000.

IV. CONSTRUCTION REQUIREMENTS FOR GRANTS

A. ARCHITECTURAL AND DESIGN GUIDELINES

City staff will work closely with applicants to provide design assistance based on the Program goals and requirements. The design consultation will focus on façade improvements, commercial signs, and landscaping that promote the exterior rehabilitation of commercial buildings and reflect the City’s vision. Since the Program will finance commercial façade renovations, all final designs are subject to City approval. Designs which consist of bright, bold paint colors or abstract designs, or which are incompatible with the surrounding neighborhood will not be funded.

B. BID AND CONTRACTOR REQUIREMENTS

Property owners must obtain a minimum of three (3) bids from eligible contractors, utilizing the work-write up prepared by City staff. The selected bid must be within ten percent (+/- 10%) of the staff cost estimate. The selected contractor must meet the following criteria:

City Council Regular Meeting - Page 115 of 192

 Must possess a current State of California Contractor’s License. A copy of the license will be required prior to the execution of the construction contract.  Must be non-debarred to work with federally funded projects.  Must possess current certificate of liability insurance with a minimum coverage of $1,000,000. An endorsement naming the City as an additional certificate holder must be submitted prior to the execution of the construction contract.  Must possess current certificate of workers’ compensation insurance. An endorsement naming the City as an additional certificate holder must be submitted prior to the execution of the construction contract.  Must possess a current California Driver’s License. A copy is required prior to the execution of the construction contract.
 Must possess current vehicle liability insurance that covers all vehicles that will be used in connection with the services provided.
 Must submit a W-9 Taxpayer Identification Number and Certification form.  Must have a current City of Lynwood business license prior to the execution of the construction contract. The City will verify contractor status with the State Contractors Board.

V. PROCEDURES

1) Applicant completes the Program application and returns it to Program staff, along with all required supporting documentation as specified on the application checklist.
2) City staff reviews the application and supporting documentation to determine Program eligibility. If the applicant and the property meet all eligibility requirements, then a preliminary approval letter is sent to the applicant. 3) A kick-off meeting and site inspection is scheduled with Program staff and applicant to establish the project design and develop the scope of work. 4) Program staff will produce a proposed scope of work for applicant approval. 5) Once the scope of work is finalized, applicant will obtain three written proposals from licensed and insured contractors. A contractor is then selected by the applicant.
6) Program staff holds a pre-construction meeting with the applicant and the selected contractor to review Program requirements and the scope of work. The contractor and property owner must execute the contract. 7) Payment-The contractor submits a request for payment, signed by the property owner, and invoice for work completed. City staff conducts an inspection of the work completed prior to releasing payment. Grant funds will only be disseminated to the contractor, not the applicant, once the construction of the approved improvements has been completed and has been inspected by City Staff. 8) If necessary, change orders must be done in writing and must be approved by the property owner and the City.

City Council Regular Meeting - Page 116 of 192

City of Lynwood – Façade Grant Program Eligible Boundary Area

City Council Regular Meeting - Page 117 of 192

VI APPLICATION FORM

CITY OF LYNWOOD

COMMERCIAL FAÇADE GRANT PROGRAM

Name of Applicant ______________________________________________________ Name of Business_______________________________________________________ Address of Business_____________________________________________________ Phone Number___________________________ Fax Number____________________ Email Address__________________________________________________________ Type of Business________________________________________________________ Applicant is the: □󠄇 Property Owner 󠄇□󠄇 Business Owner □󠄇 Other_____________ How long has the business been at the current location?_________________________ When does your lease expire?_____________________________________________ Property Owner’s Name (if different from applicant)_____________________________ Property Owner’s Address_________________________________________________ Property Owner’s Phone Number___________________________________________ Note: If you are not the property owner, please have the property owner or an authorized representative co-sign this application where indicated in the General Conditions.

Description of the proposed improvements (i.e. new doors/windows, exterior paint, etc.) ______________________________________________________________________ ______________________________________________________________________ ______________________________________________________________________ How much funding assistance are you requesting?_____________________________ Has your business received any other business assistance for the payment of your business exterior improvements that will be paid by the City of Lynwood, including federal, state or county governments, the Small Business Administration, the Chamber of Commerce, etc? If applicant found to have Duplication of Benefits (DOB) your City of Lynwood award will need to be repaid.
Yes No If yes, date funds received:________________ *If you received a Paycheck Protection Program (PPP) loan, you can answer "No" as long as you won't be using your PPP loan to pay for the same improvements that the City of Lynwood will be paying for.

City Council Regular Meeting - Page 118 of 192

BUSINESS OWNER INFORMATION
Name:

Address:

Phone #: Email:

HOW HAS COVID-19 FINANCIALLY NEGATIVELY IMPACTED YOU?
The business has not been affected by COVID-19.
The business I own is our only source of income and is/was shut down due to COVID-19 and has caused a financial hardship.
This business is not our only source of income. This business has income from other sources including persons that are employed outside of the business, operate a separate business(es), or have other types of income (retirement, etc.). However, the loss of income from this business due to COVID-19 has caused a financial hardship. Other: Briefly explain how you were
affected by COVID-19:
_______________________________________
_______________________________________
_______________________________________
_______________________________________

Acknowledgment:

I/We understand that this grant is being provided by the City of Lynwood based solely upon the information that you have provided in this application. I/We am/are also verifying that there are no outstanding tax liens or legal judgments against the business.

Certification:

I/We certify that the information provided in this application is true and complete to the best of my knowledge as of the date set forth opposite my/our signature(s) in this application and acknowledge my/our understanding that any intentional or negligent misrepresentation(s) of the information contained in this application may result in civil liability and/or criminal penalties. Neither I/We nor my business have received other government grant funds for the payment of exterior improvements and I/We understand that if I/We am/are found to have received or receive funds in the future for the payment of exterior improvements that I/We am/are have Duplication of Benefits (DOB) and my/our City of Lynwood award will need to be repaid. I/we agree to provide, upon request, documentation on all required sources to the City of Lynwood and/or the U.S. Department of the Treasury (HUD). I/We also agree that this form authorizes the City of Lynwood to verify all sources of documentation provided. I/We also agree that this form authorizes the City to verify the business owner(s) Small Business Administration (SBA) loans/ grants received for this business in connection with coronavirus pandemic and/or American Rescue Plan Act.

City Council Regular Meeting - Page 119 of 192

By signing below, I/We certify that the above statements are true and correct to the best of my knowledge. I/We understand that a false statement may disqualify me from benefits.

Acknowledgment, Agreement & Certification

I agree to the terms of assistance stated above

________________________________________
Applicant Signature

________________________________________
Property Owner/Authorized Representative Signature

--------------------------------------------------------------------------------------------------------------------- For Community Development Use: □󠄇 Approved □󠄇 Denied

Grant Amount______________________________________________ Date____________

Business/Property Owner Contribution__________________________ Date____________

ARPA Coordinator Approval__________________________________ Date____________

Planning Approval__________________________________________ Date____________

Director of Community Development Approval____________________ Date____________ City Council Regular Meeting - Page 120 of 192
Agenda Item # 14.

AGENDA STAFF REPORT
DATE:

April 19, 2022

TO:

Honorable Mayor and Members of the City Council

APPROVED BY:

Ernie Hernandez, City Manager

PREPARED BY:

Mir T. Fattahi, Acting City Engineer
Lorry Hempe, PW Special Projects Manager

SUBJECT:

CONTINUATION OF AN EMERGENCY ACTION PER PUBLIC CONTRACT CODE SECTION 22050 FOR THE EMERGENCY ACTION AT THE NATATORIUM Recommendation:

Staff recommends for the City Council to adopt the attached resolution entitled:
“A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF LYNWOOD FINDING THAT THERE IS A NEED TO CONTINUE THE

EMERGENCY ACTION, BY WAY OF A FOUR-FIFTHS VOTE OF ITS MEMBERS, PURSUANT TO PUBLIC CONTRACT CODE SECTION 22050(c)(1) WITH RESPECT TO THE EMERGENCY RENOVATIONS AND EMERGENCY REPAIRS AT THE NATATORIUM.”

Background:

The
City Council delegated to the City Manager the authority to order any action specified under California Public Contract Code Section 22050(a)(1) and pursuant to Section 22050(b). This delegation gave the City Manager the authority, in case of an emergency, to take any directly related and immediate action required by that emergency, and procure the necessary equipment, services and supplies for those purposes, without giving notice for bids to let contracts.

On April 5, 2022, the City Council found that an emergency existed at the Natatorium necessitating immediate actions.

Discussion and Analysis:

Findings of Emergency Actions

On April 5, 2022, the City Council found that
there is substantial evidence in the record demonstrating that the patio wall shows major signs of compromised structural deficiencies, the pool deck shows evidence of detaching and cracking throughout the surface of the pool deck, the electrical system requires replacement to prevent City Council Regular Meeting - Page 121 of 192
electrical shorts and possible fire, and the pool wall requires replacement to avoid collapse has created an created an emergency requiring immediate action to procure the necessary equipment, services, and supplies for those purposes, without giving notice for bids to let contracts.

The conditions necessitating the emergency actions continue to exist. The emergency renovations and repairs have not been completed.

Four-fifths Vote Requirement to Continue the Action

Pursuant to Public Contract Code Section 22050(c)(1) at every regularly scheduled meeting after the initial review of the emergency action, a four-fifths vote of the City Council is needed to continue the action until the emergency action is terminated.

Fiscal Impact:

No additional appropriation is needed.

Coordinated With:

City Attorney
ATTACHMENTS:

Description
Resolution - Natatorium Emergency Continuation
City Council Regular Meeting - Page 122 of 192
1 RESOLUTION._____________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD FINDING

THAT THERE IS A NEED TO CONTINUE THE EMERGENCY ACTION BY WAY OF A

FOUR-FIFTHS VOTE OF ITS MEMBERS, PURSUANT TO THE PUBLIC CONTRACT CODE SECTION 22050(c)(1) WITH RES PECT TO THE EMERGENCY

RENOVATIONS AND EMERGENCY REPAIRS AT THE NATATORIUM

WHEREAS, on March 1, 2022, the City Council by minute action approved the recommended repairs at the Natatorium, the City’s pool and the budget of $5,000,000 for these repairs ; and

WHEREAS, the patio wall shows major signs of compromised structural deficiencies, the pool deck shows evidence of detaching and cracking throughout the surface of the pool deck, the electrical system requires replacement to prevent electrical shorts and possible fire, and the pool wall requires replacement to avoid collapse; and

WHEREAS, based on the recommendation from the Acting City Engineer on the immediate repairs of the patio wall, pool deck floor, electrical and interior wall to the City Manag er, the City Manager approved the emergency action s waiving the informal competitive bidding requirements; and

WHEREAS, California Public Contract Code Section 22050 provides that in the case of an emergency, a city, pursuant to a 4/5 s vote of its governing body, may repair or replace a public facility, take any directly related and immediate action required by that emergency, and procure the necessary equipment, services and supplies for those purposes, without giving notice for bids to let contracts provided the public agency is able to make a finding, based on substantial evidence, that the emergency will not permit a delay resulting from a competitive solicitation for bids, and that the action is necessary to respond to the emergency; and

WHEREAS, California Public Contract Code Section 22050 provides that in the case of an emergency, a city, pursuant to a 4/5s vote of its governing body , a public agency may delegate to the City Manager the authority to order any action pursuant to California Public Contract Code Section 22050(a)(1) to address the emergency; and

WHEREAS, on April 5, 2022, the City Council found that there is substantial evidence in the record demonstrating that t he patio wall shows major signs of compromised structural deficiencies, the pool deck shows evidence of detaching and cracking throughout the surface of the pool deck, the electrical system requires replacement to prevent electrical shorts and possible fire, and the pool wall require s replacement to avoid collapse has created an created an emergency requiring immediate action to procure the necessary equipment, services, and supplies for those purposes, without giving notice for bids to let contracts; and City Council Regular Meeting - Page 123 of 192
2 WHEREAS, the City Council delegated the authority to the City Manager o r his or her designee upon recommendation from the Director of Public Works and/or City Engineer the authority to order any action pursuant to the California Public Contract Code Section 22050 (a)(1) including the waiving of formal or informal competitive bidding requirements to tear down and replace the patio wall, to replace the pool deck, to upgrade the electrical system, and to replace the pool wall.

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 has reviewed the emergency action and finds that by way of a four-fifths vote of its members, finds that there is a need to continue the action pursuant to Public Contract Code Section 22050(c)(2).

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 19th day of April, 2022.

______________________________
Jorge Casanova
Mayor
ATTEST:

___________________________ ______________________________ María Quiñónez Ernie Hernandez
City Clerk City Manager

APPROVED AS TO FORM: APPROVED AS TO CONTENT:

__________________________ ______________________________ Noel Tapia Mir T. Fattahi
City Attorney Acting City Engineer
City Council Regular Meeting - Page 124 of 192
3 STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )

I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolutio n was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 19th day of April 2022, and passed by the following votes:

AYES:

NOES:

ABSTAIN:

ABSENT:

________________________
Maria Quinonez, City Clerk

STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )

I, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above 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 19th day of April 2022.

________________________
Maria Quinonez, City Clerk

City Council Regular Meeting - Page 125 of 192
Agenda Item # 15.

AGENDA STAFF REPORT
DATE:

April 19, 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:

CONTINUATION OF AN EMERGENCY ACTION PER PUBLIC CONTRACT CODE SECTION 22050 FOR THE EMERGENCY ACTION AT WELL NO. 19
Recommendation:

Staff recommends for the City Council to adopt the attached resolution entitled:
“A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF LYNWOOD FINDING THAT THERE IS A NEED TO CONTINUE THE

EMERGENCY ACTION, BY WAY OF A FOUR-FIFTHS VOTE OF ITS MEMBERS, PURSUANT TO PUBLIC CONTRACT CODE SECTION 22050(c)(1) WITH RESPECT TO THE EMERGENCY RENOVATIONS AND EMERGENCY REPAIRS AT WELL NO. 19.”

Background:

The City Council delegated to the City Manager the authority to order any action specified under California Public Contract Code Section 22050(a)(1) and pursuant to Section 22050(b). This delegation gave the City Manager the authority, in case of an emergency, to take any directly related and immediate action required by that emergency, and procure the necessary equipment, services and supplies for those purposes, without giving notice for bids to let contracts.

On April 5, 2022, the City Council found that an emergency existed at Well No. 19 necessitating immediate actions.

Discussion and Analysis:

Findings of Emergency Actions

On April 5, 2022, the City Council found that there is substantial evidence in the record demonstrating that e
mergency action is needed to place Well No. 19 back into production. Examples of the emergency work needed includes
backfilling the well with 850 feet of approved gravel, brushing the casing with Sterilene to remove the bio-fouling, patching the seven (7) holes in the well casing, changing the pump from oil to water lubrication for water quality, and disinfecting the well to complete the rehabilitation. Staff also recommends to perform optional zone sampling to provide a City Council Regular Meeting - Page 126 of 192
profile of the water quality to determine where the manganese issue is to isolate that zone and improve water quality since the well is already off-line.

Four-fifths Vote Requirement to Continue the Action

Fiscal Impact:

No additional appropriation is needed.

Coordinated With:

City Attorney
ATTACHMENTS:

Description
Resolution - Well No. 19 Emergency Continuation
City Council Regular Meeting - Page 127 of 192
1 RESOLUTION._____________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD FINDING

THAT THERE IS A NEED TO CONTINUE THE EMERGENCY ACTION BY WAY OF A

FOUR-FIFTHS VOTE OF ITS MEMBERS, PURSUANT TO THE PUBLIC CONTRACT CODE SECTION 22050(c)(1) WITH RES PECT TO THE EMERGENCY REPAIRS AT WELL NO. 19

WHEREAS, In December 2021, the well equipment was taken off -line to mitigate water quality issues. An initial investigation and report were provided to begin emergency work on the Well totaling to $76,849 in emergency repairs; and

WHEREAS, additional emergency work that is needed includes backfilling the well with 850 feet of approved gravel, brushing the casing with Sterilene to remove the bio - fouling, patching the seven (7) holes in the well casing, changing the pump from oil to water lubrication for water quality, and disinfecting the well to complete the rehabilitation. Staff also recommends to perform optional zone sampling to provide a profile of the water quality to determine where the manganese issue is to isolate that zone and improve water quality since the well is already off-line; and

WHEREAS, based on the recommendation from the Acting City Engineer on the immediate repairs needed, the City Manager approved the emergency action s waiving the informal competitive bidding requirements; and

WHEREAS, California Public Contract Code Section 22050 provides that in the case of an emergency, a city, pursuant to a 4/5 s vote of its governing body, may repair or replace a public facility, take any directly r elated and immediate action required by that emergency, and procure the necessary equipment, services and supplies for those purposes, without giving notice for bids to let contracts provided the public agency is able to make a finding, based on substantia l evidence, that the emergency will not permit a delay resulting from a competitive solicitation for bids, and that the action is necessary to respond to the emergency; and

WHEREAS, on April 5, 2022, the City Council found that there is substantial evidence in the record demonstrating that emergency action is needed to place Well No. 19 back into production. Examples of the emergency work needed includes backfilling the well with 850 feet of approved gravel, brushing the casing with Sterilene to remove the bio - fouling, patching the seven (7) holes in the well casing, changing the pump from oil to water lubrication for water quality, and disinfecting the well to complete the City Council Regular Meeting - Page 128 of 192
2 rehabilitation. Staff also recommends to perform optional zone sampling to provide a profile of the water quality to determine where the manganese issue is to isolate that zone and improve water quality since the well is already off -line. The needed work created an emergency requiring immediate action to procure the necessary equipment, services, and supplies for those purposes, without giving notice for bids to let contracts ; and

WHEREAS, the City Council delegated the authority to the City Manager or his or her designee upon recommendation from the Director of Public Works and/or City Engineer the authority to order any action pursuant to the California Public Contract Code Section 22050 (a)(1) including the waiving of formal or informal competitive bidding requirements to perform the needed work in order to place Well No. 19 back into production.

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 has reviewed the e mergency action and finds that by way of a four-fifths vote of its members, finds that there is a need to continue the action pursuant to Public Contract Code Section 22050(c)(2).

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 19th day of April, 2022.

______________________________
Jorge Casanova
Mayor
ATTEST:

___________________________ ______________________________ María Quiñónez Ernie Hernandez
City Clerk City Manager

APPROVED AS TO FORM: APPROVED AS TO CONTENT:

__________________________ ______________________________ Noel Tapia Mir T. Fattahi
City Attorney Acting City Engineer
City Council Regular Meeting - Page 129 of 192
3 STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )

I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 19th day of April 2022, and passed by the following votes:

AYES:

NOES:

ABSTAIN:

ABSENT:

________________________
Maria Quinonez, City Clerk

STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )

I, the und ersigned, City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above 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 19th day of April 2022.

________________________
Maria Quinonez, City Clerk

City Council Regular Meeting - Page 130 of 192
Agenda Item # 16.

AGENDA STAFF REPORT
DATE:

April 19, 2022

TO:

Honorable Mayor and Members of the City Council

APPROVED BY:

Ernie Hernandez, City Manager

PREPARED BY:

Ernie Hernandez, Interim Public Works Director
Lorry Hempe, Public Works Special Projects Manager
Laura Ochoa, Public Works Assistant

SUBJECT:

PROJECT ACCEPTANCE OF THE ALEXANDER AVENUE, LOUISE STREET,

POPE AVENUE, PENDLETON AVENUE, SEMINOLE AVENUE, AND SHIRLEY

AVENUE STREET, WATER AND SEWER IMPROVEMENTS PROJECT, PROJECT NO. 4011.68.088
Recommendation:

Staff recommends that the City Council adopt the attached resolution entitled: “A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF LYNWOOD ACCEPTING THE ALEXANDER AVENUE, LOUISE STREET,

POPE AVENUE, PENDLETON AVENUE, SEMINOLE AVENUE, AND SHIRLEY AVENUE STREET, WATER, AND SEWER IMPROVEMENT PROJECT, PROJECT NO. 4011.68.088 AS COMPLETE;

AUTHORIZING THE FILING OF THE NOTICE OF COMPLETION WITH THE LOS ANGELES COUNTY RECORDER’S OFFICE AND THE RELEASE OF THE 5% RETENTION 35 DAYS AFTER THE ACCEPTANCE”.

Background:

On July 16, 2019, the City Council adopted a list of street segments referred to as Priority I Street Improvement Project (Resolution No. 2019.085).

Segments of the Alexander Avenue, Louise Street, Pope Avenue, Pendleton Avenue, Seminole Avenue, and Shirley Avenue Street, Water, and Sewer Improvements Project (Project) are included in the Priority I list of streets.

Project Scope
The Project consists of partial removal and replacement of concrete sidewalk, curb/gutter, driveways and curb ramps; removal and reconstruction of portions of street sections exhibiting signs of base failure; removal and replacement of
portions of native soil as needed; grind and overlay with new asphalt the entire street section; adjustment to grade all storm drain/sewer/utility maintenance hole covers; adjustment to grade all water valve can
and covers; provision of all traffic striping, markings, curb painting, house addresses and signage. Project also City Council Regular Meeting - Page 131 of 192
includes sanitary sewer repairs and CIPP lining, new water mainlines including service laterals, smart meters, fire hydrants, and appurtenances.

Project Limit
Alexander Avenue from Imperial Highway to Abbott Road, Louise Street from Fir Street to Gertrude Drive, Pope Avenue from Lavinia Avenue to Josephine Street, Pendleton Avenue from Colyer Avenue to Atlantic Avenue, Seminole Avenue from Long Beach Boulevard to Mariposa Lane, and Shirley Avenue from Beechwood Avenue to Harris Avenue
Discussion and Analysis:

On August 4, 2020, the Notice Inviting Bids for the Project was advertised in the Daily Journal, Bid America, and on the City’s web site (PlanetBids). The bid opening took place in the PlanetBids Platform on Monday, August 24, 2020 at 10:00 A.M. (Pacific Time).

On September 15, 2020, per Resolution 2020.125, the City Council awarded the Project construction to Sully- Miller Contracting Company in the amount of $3,468,000.00. The total project budget approved was $4,969.940.00.

The funding sources approved were from Measure M Bonds, LUA 2020-A Revenue Bonds and SB1 funds.

On April 20, 2020, per Resolution 2021.041, the City Council approved an appropriation in the amount of $561,332 to cover a Contract Change Order for the additional Improvements on Louise Street. The final total project budget approved was $5,531,272.00.

The funding sources approved were from Measure M Bonds, LUA 2020-A Revenue Bonds and SB1 funds.

Change Orders
In compliance with LMC 6-3.15(f) which requires the City Manager to report to the City Council every three months or with the project acceptance report on modifications and change orders, staff is reporting on the modifications
and change orders approved by the City Manager as part of this project acceptance agenda item.

The City Manager approved Thirty-Two (32) contract change orders for the total amount of $744,402.80 (See attachment A).

The Project is now ready for acceptance by the City Council. Once accepted, staff can release the retention 35 days after recordation of the Notice of Completion at the County Recorder’s Office.

Fiscal Impact:

No additional funding is needed.

Coordinated With:

City Attorney’s Office
Finance Department
City Council Regular Meeting - Page 132 of 192
ATTACHMENTS:

Description
Resolution
Attachment A
City Council Regular Meeting - Page 133 of 192
1 RESOLUTION NO.__________

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ACCEPTING

THE ALEXANDER AVENUE, LOUISE STREET, POPE AVENUE, PENDLETON

AVENUE, SEMINOLE AVENUE, AND SHIRLEY AVENUE STREET, WATER, AND SEWER IMPROVEMENT PROJECT, PROJECT NO. 4011.68.088 AS COMPLETE;

AUTHORIZING THE FILING OF THE NOTICE OF COMPLETION WITH THE LOS ANGELES COUNTY RECORDER’S OFFICE AND THE RELEASE OF THE 5% RETENTION 35 DAYS AFTER THE ACCEPTANCE.

WHEREAS, the Alexander Avenue, Louise Street, Pope Avenue, Pendlet on Avenue, Seminole Avenue, And Shirley Avenue Street, Water, and Sewer Improvement Project consists of partial removal and replacement of concrete sidewalk, curb/gutter, driveways and curb ramps; removal and reconstruction of portions of street sections exhibiting signs of base failure; removal and replacement of portions of native soil as needed; grind an d overlay with new asphalt the entire street section; adjustment to grade all storm drain/sewer/utility maintenance hole covers; adjustment to grade all water valve can and covers; provision of all traffic striping, markings, curb painting, house addresse s and signage. Project also includes sanitary sewer repairs and CIPP lining, new water mainlines including service laterals, smart meters, fire hydrants, and appurtenances; and

WHEREAS, the Project limit is along Alexander Avenue from Imperial Highway to Abbott Road, Louise Street from Fir Street to Gertrude Drive, Pope Avenue from Lavinia Avenue to Josephine Street, Pendleton Avenue from Colyer Avenue to Atlantic Avenue, Seminole Avenue from Long Beach Boulevard to Mariposa Lane, and Shirley Avenue from Beechwood Avenue to Harris Avenue; and

WHEREAS, on August 4, 2020 , the Notice Inviting Bids for the project was advertised in the Daily Journal, Bid America, on the City’s web site (PlanetBids); and

WHEREAS, the bid opening took place in the PlanetBids Platform on August 24, 2020 at 10:00 A.M (Pacific Time); and

WHEREAS, on September 15, 2020, per Resolution 2020. 125, the City Council awarded the Project construction to Sully-Miller Contracting Company in the amount of $3,468,000; and

WHEREAS, on April 20, 2020, per Resolution 2021.041, the City Council approved an appropriation in the amount of $561,332 to cover a Contract Change Order for the additional Improvements on Louise Street; and

WHEREAS, the Final total project budget approved was $ 5,531,272.00. The funding sources approved were from Measure M Bonds, LUA 2020 -A Revenue Bonds and SB1 funds; and

City Council Regular Meeting - Page 134 of 192
2 WHEREAS, the construction of the Project started on November 30, 2020. The project completion was on December 2021; and

WHEREAS, the City Manager approved Thirty-Two (32) contract change orders for the total amount of $744,402.80 (See attachment A); and

WHEREAS, staff conducted the final inspection on December 2021 and found that all work was completed in accordance with the project plans and specifications

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, PROCLAIM, ORDER, AND RESOLVE 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 findings and as a substantive part of this Resolution.

Section 2. That the City Council of the City of Lynwood accepts the Alexander Avenue, Louise Street, Pope Avenue, Pendleton Avenue, Seminole Avenue, And Shirley Avenue Street, Water, and Sewer Improvement Project , Project No. 4011.68.0 88 as complete in accordance with contract documents and authorizes the Direct of Public Works or his designee to process the recordation of the Notice of Completion , and authorizes staff to release the 5% retention 35 days after the Project acceptance.

Section 3. This Resolution shall go into effect immediately upon its adoption.

Section 4. The City Clerk shall certify as to the adoption of this Resolution.

PASSED, APPROVED and ADOPTED this 19th day of April 2022.

________________________________
Jorge Casanova
Mayor

ATTEST:

__________________________ _________________________________ María Quiñónez Ernie Hernandez
City Council Regular Meeting - Page 135 of 192
3 City Clerk City Manager

APPROVED AS TO FORM: APPROVED AS TO CONTENT:

__________________________ ______________________________ Noel Tapia Ernie Hernandez
City Attorney Interim Director of Public Works

City Council Regular Meeting - Page 136 of 192
4 STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )

I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 19th day of April 2022, and passed by the following votes:

AYES:

NOES:

ABSTAIN:

ABSENT:

________________________
Maria Quiñónez, City Clerk

STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )

________________________
Maria Quiñónez, City Clerk

City Council Regular Meeting - Page 137 of 192
ATTACHMENT A Last updated: 4/11/2022

CONTRACT CHANGE ORDERS DESCRIPTION AMOUNT
CONTRACT CHANGE ORDER NO.1 AMOUNT: IRWL Solar System 46,173.82$ CONTRACT CHANGE ORDER NO.2 AMOUNT: Tree Removal 4,620.00$ CONTRACT CHANGE ORDER NO.3 AMOUNT: Fire Hydrant Check Valve 32,994.22$ CONTRACT CHANGE ORDER NO.4 AMOUNT: VCP Repairs 4,084.46$ CONTRACT CHANGE ORDER NO.5 AMOUNT: Water Line Tie-In 1,907.55$ CONTRACT CHANGE ORDER NO.6 AMOUNT: Louise St. Added Scope 364,904.00$ CONTRACT CHANGE ORDER NO.6 .1 AMOUNT: Louise St. Added Scope 14,082.74$ CONTRACT CHANGE ORDER NO.6 .2 AMOUNT: Louise St. Added Scope 84,288.00$ CONTRACT CHANGE ORDER NO.7 AMOUNT: Sign Name Change 1,869.47$ CONTRACT CHANGE ORDER NO.8 AMOUNT: Tie In Work at Atlantic/Pendleton 12,915.27$ CONTRACT CHANGE ORDER NO.9 AMOUNT: Speed Bumps for Alexander 13,958.20$ CONTRACT CHANGE ORDER NO.10 AMOUNT: 4" Valve at Will Rogers Elementary 6,515.78$ CONTRACT CHANGE ORDER NO.11 AMOUNT: (2) 10" valves used on Pope and Josephine 5,117.09$ CONTRACT CHANGE ORDER NO.12 AMOUNT: Additional Speed Bump on Pendleton Ave 6,979.10$ CONTRACT CHANGE ORDER NO.13 AMOUNT: Louise St and Bullis Rd pothole work 3,100.70$ CONTRACT CHANGE ORDER NO.14 AMOUNT: Louise / Bullis Tie-In Premium Time 2,965.58$ CONTRACT CHANGE ORDER NO.15 AMOUNT:RFI #18- Change in Elevations 6,403.40$ CONTRACT CHANGE ORDER NO.16 AMOUNT:Install Dowels on concrete at Seminole Avenue 3,957.23$ CONTRACT CHANGE ORDER NO.18 AMOUNT:Sewer Repair at 3615 Abbott Road 2,898.71$ CONTRACT CHANGE ORDER NO.19 AMOUNT: Place 1/2" level Course totaling 42,000 SF 19,071.45$ CONTRACT CHANGE ORDER NO.20 AMOUNT:Dump Fees (5 Loads) 3,937.48$ CONTRACT CHANGE ORDER NO.22 AMOUNT:PCC Removals on Shirley and Prep Grade 1,017.99$ CONTRACT CHANGE ORDER NO.23 AMOUNT:Removal of Tree Roots 460.62$ CONTRACT CHANGE ORDER NO.24 AMOUNT:Extra Work-Form and pour sidewalk at Shirley 2,198.73$ CONTRACT CHANGE ORDER NO.25 AMOUNT:Compaction testing 20,180.19$ CONTRACT CHANGE ORDER NO.26 AMOUNT:Extra Work on Alexander and Pope 6,076.67$ CONTRACT CHANGE ORDER NO.27 AMOUNT:Encasement on Louise St. 7-14-21, and 7-15-21 3,838.03$ CONTRACT CHANGE ORDER NO.28 AMOUNT:Replaced Damaged Monitoring Wells (3) on Louise St 6,566.32$ CONTRACT CHANGE ORDER NO.29 AMOUNT:Sidewalk and Driveway-Grading and Removals 9-23-21 and form and pour 9-24-2112,440.08$ CONTRACT CHANGE ORDER NO.30 AMOUNT:Extra 1 inch water line on Olive (Parkway) 3,270.91$ CONTRACT CHANGE ORDER NO.31 AMOUNT:Striping extension from Lewis St to Long Beach Blvd 3,181.50$ CONTRACT CHANGE ORDER NO.32 AMOUNT:Crosswalk Beacon Light Pole (RRFB System) on Beechwood and Shirley 42,427.51$ TOTAL CONTRACT CHANGE ORDER AMOUNT:744,402.80$
ORIGINAL CONTRACT AMOUNT: 3,468,000.00$
TOTAL NEW CONTRACT AMOUNT: 4,212,402.80$
Alexander, Louise st, Pope, Pendleton,Seminole, Shirley street, Water and Sewer Improvement City Council Regular Meeting - Page 138 of 192
Agenda Item # 17.

AGENDA STAFF REPORT
DATE:

April 19, 2022

TO:

Honorable Mayor and Members of the City Council

APPROVED BY:

Ernie Hernandez, City Manager

PREPARED BY:

Ernie Hernandez, City Manager
Lorry Hempe, Public Works Special Projects Manager
Laura Ochoa, Public Works Assistant

SUBJECT:

PROJECT ACCEPTANCE OF THE LYNWOOD ROAD, OLIVE STREET, MCMILLAN

STREET, COOKACRE AVENUE AND RAYBORN STREET, STREET
IMPROVEMENT PROJECT, PROJECT NO. 4011.68.090
Recommendation:

Staff recommends that the City Council adopt the attached resolution entitled: “A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF LYNWOOD ACCEPTING LYNWOOD ROAD, OLIVE STREET,

MCMILLAN

STREET, COOKACRE AVENUE AND RAYBORN STREET, STREET IMPROVEMENT PROJECT, PROJECT NO. 4011.68.090 AS COMPLETE; AUTHORIZING THE FILING OF THE NOTICE OF COMPLETION WITH THE LOS ANGELES COUNTY RECORDER’S OFFICE AND THE RELEASE OF THE 5% RETENTION 35 DAYS AFTER THE ACCEPTANCE”.

Background:

Priority I Streets
On July 16, 2019, the City Council adopted an amendment to the list of priority I Street Improvement Project (Resolution No. 2019.085), Lynwood Road, Olive Street, McMillan Street, Cookacre Avenue and Rayborn Street are included in the Priority I list of streets.

Project Scope
The Project consists of cold milling/removing the existing pavement and applying fresh coat of asphalt pavement, replacement of concrete sidewalks, curb and gutters, driveways approaches, cross gutters, and curb ramps, traffic striping, and other miscellaneous improvement.

Project Limit
City Council Regular Meeting - Page 139 of 192

1. Lynwood Road; from Monrovia Avenue to Lindbergh Avenue, from School Street to Olive Street, and from Bullis Road to Fir Street.

2. Olive Street; from Lynwood Road to Louise Street.

3. McMillan Street; from City limits east of Harris Avenue to City limits west of Waldorf Drive and from Atlantic Avenue to City limits east of Gibson Avenue.

4. Cookacre Avenue; from McMillan Street to Carlin Avenue.

5. Rayborn Street; from Wright Road to Edgebrook Avenue.

Discussion and Analysis:

On September 29, 2020, the Notice Inviting Bids for the Project was advertised in the Daily Journal, Bid America, and on the City’s web site (PlanetBids). The bid opening took place in the PlanetBids Platform on Monday, October 12, 2020.

On November 17, 2020, per Resolution 2020.154, the City Council awarded the Project construction to Excel Paving, Inc.in the amount of $688,841.00. The total project budget approved was $953,841.00.

The funding
sources approved were from Measure M Bonds.

Staff conducted the final inspection on May 2021 and found that all work was completed in accordance with the project plans and specifications. The total project cost was $787,132.66, which is lower than the total project budget ($953,841.00) approved by the City Council.

The Project is ready for acceptance.

The City Manager approved Five (5) contract change orders for the total amount of $98,291.66 (See attachment A).

The Project is now ready for acceptance by the City Council. Once accepted, staff can release the retention 35 days after recordation of the Notice of Completion at the County Recorder’s Office.

Fiscal Impact:

No additional funding is needed.

Coordinated With:

City Attorney’s Office
Finance Department
ATTACHMENTS:

Description
Resolution
Attachment A
City Council Regular Meeting - Page 140 of 192
1 RESOLUTION NO.__________

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ACCEPTING

LYNWOOD ROAD, OLIVE STREET, MCMILLAN STREET, COOKACRE AVENUE AND RAYBORN STREET, STREET IMPROVEMENT PROJECT , PROJECT NO. 4011.68.090 AS COMPLETE; AUTHORIZING THE FILING OF THE NOTICE OF COMPLETION WITH THE LOS ANGELES COUNTY RECORDER’S OFFICE AND THE RELEASE OF THE 5% RETENTION 35 DAYS AFTER THE ACCEPTANCE.

WHEREAS, Lynwood Road, Olive Street, McMillan Street, Cookacre Avenue and Rayborn Street, Street Improvement Project, Project No. 4011.68.090 consists of cold milling/removing the existing pavement and applying fresh coat of asphalt pavement , replacement of concrete sidewalks, curb and gutters, driveways approaches, cross gutters, and curb ramps, traffic striping, and other miscellaneous improvement; and

WHEREAS, the Project limit is along Lynwood R oad; from Monrovia Ave nue to Lindbergh Avenue, from School St reet to Olive Street, and from Bullis R oad to Fir Street, Olive Street; from Lynwood Road to Louise Street, McMillan Street; from City limits east of Harris Avenue to City limits west of Waldorf Dr ive and f rom Atlantic Avenue to City limits east of Gibson Avenue, Cookacre Avenue; from McMillan Street to Carlin Avenue, and Rayborn Street; from Wright Road to Edgebrook Avenue; and

WHEREAS, on September 29, 2020, the Notice Inviting Bids for the Project was advertised in the Daily Journal, Bid America, and on the City’s web site (PlanetBids); and

WHEREAS, the bid opening took place in the PlanetBids Platform on Monday, October 12, 2020; and

WHEREAS, November 17, 2020, per Resolution 2020.154 , the City Council awarded the Project construction to Excel Paving, Inc.in the amount of $688,841.00; and

WHEREAS, the total project budget approved was $ 953,841.00. The funding sources approved were from Measure M Bonds; and

WHEREAS, the construction of the Project started on November 30, 2020. The project completion was on December 2021; and

WHEREAS, the City Manager approved Five (5) contract change orders for the total amount of $98,291.66 (See attachment A); and

WHEREAS, staff conducted the final inspection on May 2021 and found that all work was completed in accordance with the project plans and specifications

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, PROCLAIM, ORDER, AND RESOLVE AS FOLLOWS:

City Council Regular Meeting - Page 141 of 192
2 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 findings and as a substantive part of this Resolution.

Section 2. That the City Council of the City of Lynwood accepts Lynwood Road, Olive Street, McMillan Street, Cookacre Avenue and Rayborn Street, Street Improvement Project, Project No. 4011.68.090 as complete in accordance with contract documents and authorizes the Direct of Public Works or his designee to process the recordation of the Notice of Completion, and authorizes staff to release the 5% retention 35 days after the Project acceptance.

Section 3. This Resolution shall go into effect immediately upon its adoption.

Section 4. The City Clerk shall certify as to the adoption of this Resolution.

PASSED, APPROVED and ADOPTED this 19th day of April 2022.

________________________________
Jorge Casanova
Mayor

ATTEST:

__________________________ _________________________________ María Quiñónez Ernie Hernandez
City Clerk City Manager

APPROVED AS TO FORM: APPROVED AS TO CONTENT:

__________________________ ______________________________ Noel Tapia Ernie Hernandez
City Attorney Interim Director of Public Works

City Council Regular Meeting - Page 142 of 192
3 STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )

I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 19th day of April 2022, and passed by the following votes:

AYES:

NOES:

ABSTAIN:

ABSENT:

________________________
Maria Quiñónez, City Clerk

STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )

________________________
Maria Quiñónez, City Clerk

City Council Regular Meeting - Page 143 of 192

ATTACHMENT A

CONTRACT CHANGE ORDERS DESCRIPTION AMOUNT
CONTRACT CHANGE ORDER NO.2 Speed Humps at Cookacre 8,400.00 $ CONTRACT CHANGE ORDER NO.3 Revised Street Sections, Macadam, additional bid quantities for #4, removal of bid items 1,2,3,5,6 56,750.00$
CONTRACT CHANGE ORDER NO.4 Additional Bid quantities for bid items #10, 12, 13 14,642.00 $ CONTRACT CHANGE ORDER NO.6 Switch from paint to thermoplastic paint 7,474.66 $ CONTRACT CHANGE ORDER NO.7 Macadam/Mixed Load disposal 11,025.00 $ TOTAL CONTRACT CHANGE ORDER AMOUNT: 98,291.66$
ORIGINAL CONTRACT AMOUNT: 688,841.00$
TOTAL NEW CONTRACT AMOUNT: 787,132.66$
Lynwood, Olive, etc Street Improvement Project, Project No. 4011.68.090 City Council Regular Meeting - Page 144 of 192
Agenda Item # 18.

AGENDA STAFF REPORT
DATE:

April 19, 2022

TO:

Honorable Mayor and Members of the City Council

APPROVED BY:

Ernie Hernandez, City Manager

PREPARED BY:

Noel Tapia, City Attorney

SUBJECT:

CONSIDERATION OF A RESOULTION PROCLAIMING A LOCAL EMERGENCY,

RATIFYING THE PROCLAMATION OF A STATE OF EMERGENCY BY GOVERNOR

NEWSOM, FINDING THAT THE PROCLAIMED STATE OF EMERGENCY

CONTINUES TO IMPACT THE ABILITY TO MEET SAFELY IN PERSON, AND

DECLARING THAT THE CITY COUNCIL AND CITY COMMISSIONS AND

COMMITTEES WILL COTINUE TO MEET REMOTELY IN ADHERENECE WITH AB 361 IN ORDER TO ENSURE THE HEALTH AND SAFETY OF THE PUBLIC Recommendation:

Background:

Beginning in March 2020, Governor Newsom issued a series of Executive Orders aimed at containing the novel coronavirus (COVID-19). Among these were several Executive Orders N-25-20, N-29-20, N-35-20 (collectively, the Brown Act Orders) that waived requirements in the Brown Act expressly or impliedly requiring the physical presence of city councilmembers, staff, or the public at local agency meetings.

Discussion and Analysis:

City Council Regular Meeting - Page 145 of 192
Beginning in March 2020, Governor Newsom issued a series of Executive Orders aimed at containing the novel coronavirus (COVID-19). Among these were several Executive Orders N-25-20, N-29-20, N-35-20 (collectively, the Brown Act Orders) that waived requirements in the Brown Act expressly or impliedly requiring the physical presence of city councilmembers, staff, or the public at local agency meetings. Specifically, the orders:

• Waived the requirement that local agencies provide notice of each teleconference location from which a member of the legislative body will be participating in a public meeting; • Waived the requirement that each teleconference location be accessible to the public; • Waived the requirement that members of the public be able to address the legislative body at each teleconference conference location;
• Waived the requirement that local agencies post agendas at all teleconference locations; and, • Waived the requirement that at least a quorum of the members of the local body participate from locations within the boundaries of the territory over which the local body exercises jurisdiction.

On June 11, 2021, the Governor issued Executive Order (EO) N-08-21 to begin winding down some of the prior measures that were adopted to respond to COVID-19. Notably, EO N-08-21 rescinds the Brown Act Orders, effective September 30, 2021.

On September 16, 2021, Governor Newsom signed Assembly Bill AB 361 (Rivas, 2021), which allows cities to continue to meet remotely during proclaimed states of emergency under modified Brown Act requirements that are similar, but not identical to the rules and procedures established by the Brown Act Orders. The pending expiration of the Brown Act Orders and the enactment of AB 361 created some ambiguity. To provide clarification, the Governor issued Executive Order N-15-21, explaining that cities may continue to hold meetings in accordance with the Brown Act Orders until September 30, or they may hold meetings in accordance with the requirements of AB 361.

Should the City Council wish to continue meeting remotely beyond September 30 pursuant to AB 361, the City Council would be required to adopt the attached resolution. If the City Council chooses to utilize the option for remote meetings under AB 361, it can continue using the remote meeting procedures it has been using throughout the COVID-19 pandemic, subject to certain requirements that must be considered as part of the initial determination to adopt remote meeting protocols. Once adopted, the initial authorizing resolution is effective for no more than thirty (30) days.

The City may extend the authorization for an additional thirty (30) days via another resolution that makes specific findings in support of continuing remote meetings. The City may continue to extend the authorization for additional thirty (30) day increments for the duration of the declared emergency, or until the City Council decides to return to in-person meetings, or otherwise complies with the regular remote meeting requirements of the Brown Act.

To implement remote meetings under AB 361, one of three criteria must be met at the time the City is holding a meeting during a proclaimed state of emergency by the Governor that includes area within the jurisdictional boundaries of the City:

• State or local officials have imposed or recommended measures to promote social distancing; or • For the purpose of determining, by majority vote, whether as a result of the state of emergency, meeting in person would present imminent risks to the health or safety of attendees; or • The City Council has previously determined, by majority vote, that, as a result of the state of emergency, meeting in person would present imminent risks to the health or safety of attendees.

If one of these three criteria are met, then the City can conduct meetings remotely via Government Code §§ 54953(e), et seq.

If the City Council makes the required findings and chooses to meet remotely, every 30 days the City Council will be required to make findings about whether the circumstances still apply. The City Council must find that it reconsidered the circumstances of the State of Emergency and that one of the following circumstances remains:

• The City Council finds that meeting in person would present imminent risks to the health or safety of attendees; or

• State or local officials have imposed or recommended measures to promote social distancing.

City Council Regular Meeting - Page 146 of 192

If the City Council makes the findings to continue having remote meetings, the City must meet the following requirements:

1. The City must give notice and post agendas as otherwise required by the Brown Act, including directions for how the public can access the meetings;

2. Provide members of the public access to the meeting and an opportunity to address the body directly;

3. Provide members of the public the opportunity to comment in real time;

4. Suspend further action on items in the meeting agenda in the event that there is a disruption in the ability of the meeting to be broadcast to members of the public or in the ability for members of the public to comment;

Following the signing of AB 361 and in preparation for the potential sunset of emergency orders, it is prudent for the City Council to begin discussing and provide feedback on the manner in which Lynwood Public Meetings will be conducted.

If the City Council were to move back into meetings in the City Council Chambers, COVID-19 infection protocols, as outlined in the most recent County of Los Angeles Department of Public Health – Health Officer Order, would need to be implemented and adhered to. Currently, these infection protocols would require all individuals, regardless of vaccination status, to wear face-coverings.

As the City Council reviews, please note that staff has identified a couple of scenarios to consideration associated with transitioning to any of the modules that have an in-person component:

1. Wearing Masks During Meetings

2. Room Capacity Limits. Staff would have to develop a seating plan to ensure the safety of those in attendance.

Fiscal Impact:

No fiscal impact is anticipated the proposed action.

Coordinated With:

ATTACHMENTS:

Description
Reso- Continue Remote Meetings
City Council Regular Meeting - Page 147 of 192
RESOLUTION NO. __________

A RESOLUTION OF THE CITY OF LYNWOOD PROCLAIMING A LOCAL

EMERGENCY, RATIFYING THE PROCLAMATION OF A STATE OF

EMERGENCY BY GOVERNOR NEWSOM, FINDING THAT THE PROCLAIMED

STATE OF EMERGENCY CONTINUES TO IMPACT THE ABILITY TO MEET

SAFELY IN PERSON, AND DECLARING THAT THE CITY COUNCIL AND CITY

COMMISSIONS AND COMMITTEES WILL CONTINUE TO MEET REMOTELY IN ADHERENCE WITH AB 361 IN ORDER TO ENSURE THE HEALTH AND SAFETY OF THE PUBLIC.

WHEREAS, all meetings of the City of Lynwood City Council as a legislative body are open and public, as required by the Brown Act (Cal. Gov. Code 54950 – 54963), so that any member of the public may attend, participate, and watch the City Council as a legislative body conduct their business; and

WHEREAS, th e Brown Act, Government Code section 54953(e), makes provisions for remote teleconferencing participation in meetings by members of a legislative body, without compliance with the requirements of Government Code section 54953(b)(3), subject to the existence of certain conditions; and

WHEREAS, on March 4, 2020, Governor Newsom declared a State of Emergency to make additional resources available, formalize emergency actions already underway across multiple state agencies and departments, and help the state prepare for a broader spread of COVID-19; and

WHEREAS, on March 17, 2020, Governor Newsom issued Executive Order N-29-20, which suspended certain provisions of the Brown Act in order to allow local legislative bodies to conduct meetings electronically with out a physical meeting place; and

WHEREAS, on June 11, 2021, the Governor issued Executive Order N -08- 21, which extended the provision of N -29-20 concerning the Brown Act and the conduct of public meetings through September 30, 2021; and

WHEREAS, since t he issuance of Executive Order N -08-21, the Delta variant has emerged, causing a spike in COVID-19 cases throughout the state; and

WHEREAS, Governor Newsom’s proclaimed State of Emergency remains in effect, and State and local officials, including the Los Angeles County Department of Public Health, have imposed or recommended measures to promote social distancing; and

WHEREAS, on September 16, 2021, California Assembly Bill 361 was signed into law, as urgency legislation that goes in effect on October 1, 2021, amending Government Code Section 54953 of the Ralph M. Brown Act to allow City Council Regular Meeting - Page 148 of 192
2 legislative bodies to continue to meet remotely during a proclaimed state of emergency, provided certain conditions are met and certain findings are made; and

WHEREAS, the Cit y of Lynwood is committed to preserving and nurturing public access and participation in meetings of the Lynwood City Council; and

WHEREAS, the City Council desires to take the actions necessary to comply with AB 361 and to continue to hold its City Council, Commission and Committee meetings remotely.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY RESOLVE AND DETERMINE AS FOLLOWS:

Section 1. The City Council for the City of Lynwood finds and declares that the foregoing recitals are true and correct, and incorporates said recitals fully into this Resolution as substantive findings.

Section 2. The City Council hereby proclaims that a local emergency now exists throughout the City, and social distancing and condition caus ing imminent risk to attended has caused, and will continue to cause, conditions of peril to the safety of persons within the City that are likely to be beyond the control of services, personnel, equipment, and facilities of the City, and desires to procla im a local emergency and ratify the proclamation of State of Emergency by the Governor of the State of California.

Section 3. That the City Council has reconsidered the circumstances of the State of Emergency and finds the following circumstances:

a. The factors triggering the State of Emergency continue to directly impact the ability of the members of the City Council and the City’s subordinate Commissions and Committees to meet safely in person; and

b. The State of California and the City of Lynwood continue to impose or recommend measures to promote social distancing.

Section 4. City Council and City Commission and Committee meetings will continue to be conducted remotely for the next 30 days in compliance with AB 361 and Government Code Section ( e)(2), in order to ensure the health and safety of the public while provides access to public meetings.

Section 5. This Resolution shall become effective immediately and shall be reconsidered by the City Council in 30 days or sooner to assess the State o f Emergency and determine whether to continue with the provisions set forth in Assembly Bill 361.

City Council Regular Meeting - Page 149 of 192
3 PASSED, APPROVED and ADOPTED this_____ day of ________, 2022.

_________________________
Jorge Casanova, Mayor
City of Lynwood

ATTEST:

________________________
Maria Quinonez, City Clerk

APPROVED AS TO FORM: APPROVED AS TO CONTENT:

______________________ __________________________
Noel Tapia Ernie Hernandez,
City Attorney City Manager

STATE OF CALIFORNIA )
) §

COUNTY OF LOS ANGELES )

City Council Regular Meeting - Page 150 of 192
4 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 151 of 192
Agenda Item # 19.

AGENDA STAFF REPORT
DATE:

April 19, 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:

COUNCIL DIRECTION TO REPAIR EXISTING SURVEILLANCE CAMERA SYSTEM

OR AQUIRE NEW CAMERA SYSTEM THAT FEEDS TO CENTURY STATION Recommendation:

Staff recommends that the City Council select one option below and adopt the attached resolution entitled:

Option 1:
“A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING AN APPROPRIATION OF FUNDS IN THE AMOUNT OF $50,000 TO REPAIR AND UPGRADE THE

CAMERA SYSTEM THAT FEEDS TO CENTURY STATION

SELECTING THE MOST QUALIFIED VENDOR
UPON COMPLETION OF A REQUEST FOR PROPOSALS (RFP)."

Option 2
: "

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING THE

RELEASE OF A REQUEST FOR PROPOSALS FOR A NEW SURVEILLANCE CAMERA SYSTEM COVERING MAJOR STREET INTERSECTIONS THAT FEEDS TO CENTURY STATION AND CITY HALL."

Background:

On October 7, 2008, the City Council awarded a Video Surveillance Camera installation contract to Leverage Information Systems for 10 cameras in the amount of $235,982. Nine additional cameras were added in 2009 at a cost of $219,406.

The City worked collaboratively with the Lynwood Unified School District (LUSD) and the Sheriff's department on the wireless point-to-point network infrastructure to transmit the camera feed. There are about 30 cameras in the City.

The latest camera system maintenance contract providing service to Century Station expired on November 12, 2018. According to Lieutenant Gomez, the camera system was a useful tool to monitor activity in the City but is now mostly non-operational.

On Tuesday, March 29, 2022, staff collaborated with the Lynwood Unified School District (LUSD) and the Sheriff’s Department to discuss options to upgrade the aging camera system and bring it back to an operational state. LUSD discussed looking at a new camera system and may possibly abandon the old camera system. They City Council Regular Meeting - Page 152 of 192
would welcome the City to work on any wireless equipment on their property with an agreed upon memorandum of understanding. If they do abandon their network, the City's wireless connections will be negatively affected.

Discussion and Analysis:

The purpose of this item is to get Council's direction whether to repair and upgrade the existing camera system or acquire a brand new camera system to be installed at major street intersections.

If Council chooses Option 1, staff requests authorization to appropriate funds in the amount of $50,000 from dedicated ARPA (American Rescue Plan Act) funds to repair and upgrade the City's surveillance camera system.

Staff will issue a request for proposal (RFP) and upon completion select the most qualified vendor that will be presented to Council for approval. It is currently unknown how many cameras can be brought back online or upgraded at this price point.

If Option 2 is chosen, staff will prepare a scope of work for a brand new surveillance system and release an RFP that will be presented to Council for approval along with a request for appropriation of funds from ARPA.

With either selection, staff will consider the best approach with professionals in the industry. In light of the recent meetings with representatives from LUSD and Century Station, staff will focus on minimizing complications of a shared network and work independently or with Century Station only.

Fiscal Impact:

If Option 1 is selected, an appropriation of funds in the amount of $50,000 from dedicated ARPA funding is requested to repair and upgrade the camera system.

If Option 2 is selected, there is no fiscal impact. Staff will request funding after bids are received.

Coordinated With:

City Attorney’s Office
Finance Department
ATTACHMENTS:

Description
Resolution - Option 1
Resolution - Option 2
City Council Regular Meeting - Page 153 of 192
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 REPAIR AND UPGRADE THE CAMERA SYSTEM THAT FEEDS TO

CENTURY STATION SELECTING THE MOST QUALIFIED VENDOR UPO N

COMPLETION OF A REQUEST FOR PROPOSALS (RFP)

WHEREAS, the City owns a camera system that feeds wirelessly to Century station that was implemented 13 years ago and the most recent contract to maintain the system expired in 2018; and

WHEREAS, the City worked collaboratively with the Lynwood Unified School District (LUSD) and the Sheriff's department on the wireless radio network infrastructure for about 30 cameras in the City; and

WHEREAS, according to Lieutenant Gomez, the camera system was a useful tool to monitor activity in the City but is now mostly non-operational; and

WHEREAS, on Tuesday, March 29, 2022, staff collaborated with the LUSD and the Sheriff’s Department to discuss options to upgrade the aging camera system and bring it back to an operational state; and

WHEREAS, the LUSD discussed looking at a new camera system and may possibly abandon the old camera system but would welcome the City to work on any wireless equipment on their property with an agreed upon memorandum of understanding, but if they do abandon their network, the City's wireless connections will be negatively affected; 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 repair and upgrade the City's surveillance camera system and s taff will issue a request for proposal (RFP) and upon completion select the most qualified vendor that will be presented to Council for approval; and

WHEREAS, i t is currently unk nown how many cameras can be brought back online or upgraded at this price point; and

WHEREAS, staff will consider the best approach to repair and upgrade the camera system in conjunction with professionals in the industry and in light of the recent meet ings with representatives from LUSD and Century Station, staff will focus on minimizing complications of a shared network and work independently or with Century Station only; and

WHEREAS, an appropriation of funds in the amount of $50,000 from dedicated ARPA funding is requested to repair and upgrade the camera system.

City Council Regular Meeting - Page 154 of 192
2 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY RESOLVE AND DETERMINE AS FOLLOWS:

Section 2. 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 repair and upgrade the City’s surveillance camera system.

Section 3. This Resolution shall go into effect immediately upon its adoption.

Section 4. The City Cle rk shall certify as to the adoption of this Resolution.

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 155 of 192
3 I, the undersigned, City Clerk of the C ity of Lynwood, do hereby certify that the above and foregoing resolution was duly adopted by the City Council of said City at its regular meeting thereof held in the City Hall 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 156 of 192
RESOLUTION NO. __________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD

AUTHORIZING THE RELEASE OF A REQUEST FOR PROPOSALS FOR A

NEW SURVEILLANCE CAMERA SYSTEM COVERING MAJOR STREET

INTERSECTIONS THAT FEEDS TO CENTURY STATION AND CITY HALL

WHEREAS, the City owns a camera system that feeds wirelessly to Century station that was implemented 13 years ago and the most recent contract to maintain the system expired in 2018; and

WHEREAS, according to Lieutenant Gomez, the camera system was a useful tool to monitor activity in the City but is now mostly non-operational; and

WHEREAS, the LUSD discussed loo king at a new camera system and may possibly abandon the old camera system but would welcome the City to work on any wireless equipment on their property with an agreed upon memorandum of understanding, but i f they do abandon their network, the City's wire less connections will be negatively affected; and

WHEREAS, the purpose of this item is to release an RFP for a brand new surveillance camera system and upon completion select the most qualified vendor that will be presented to Council for approval; and

WHEREAS, staff will consider the best approach to repair and upgrade the camera system in conjunction with professionals in the industry and in light of the recent meetings with representatives from LUSD and Century Station, staff will focus on minimizing complications of a shared network and work independently or with Century Station only.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY RESOLVE AND DETERMINE AS FOLLOWS:

Sections 2. That the City Council of the City of Lynwood authorizes the release of an RFP for a new surveillance camera system.

City Council Regular Meeting - Page 157 of 192
2 Section 3. This Resolution shall go into effect immediately upon its adoption.

Sections 4. The City Clerk shall certify as to the adoption of this Resolution.

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 )

I, the undersigned, City Clerk of the City of Lynwood, do hereby ce rtify that the above and foregoing reso lution was duly adopted by the City Council of said City at its regular meeting thereof held in the City Hall of the City on the _________day of____________, 2022 and passed by the following vote:

AYES:

City Council Regular Meeting - Page 158 of 192
3 NOES:

ABSTAIN:

ABSENT:

__________________________
City Clerk, City of Lynwood

STATE OF CALIFORNIA )
) §

COUNTY OF LOS ANGELES )

I, the undersigned City Clerk of the City of L ynwood, 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 159 of 192
Agenda Item # 20.

AGENDA STAFF REPORT
DATE:

April 19, 2022

TO:

Honorable Mayor and Members of the City Council

APPROVED BY:

Ernie Hernandez, City Manager

PREPARED BY:

Mark Flores, Director of Recreation & Community Services

SUBJECT:

INDEPENDENCE DAY FIREWORKS SHOW – DATE CHANGE AND FIREWORKS

DISPLAY SERVICES CONTRACT
Recommendation:

Staff recommends that the City Council consider staff’s recommendations and adopt the two accompanying resolutions entitled:

1. “A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING ITS ANNUAL INDEPENDENCE DAY FIREWORKS SHOW EVENT TO BE SCHEDULED ON JULY 3 OF EACH YEAR.”

2. “A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING STAFF TO NEGOTIATE A THREE-YEAR CONTRACT WITH EXPOSHOWS, INC. FOR FIREWORKS DISPLAY SERVICES IN SUPPORT OF THE CITY’S ANNUAL INDEPENDENCE DAY FIREWORKS SHOW EVENT.”

Background:

Discussion and Analysis:

After budgetary restrictions prevented a fireworks event from being held in 2012, Independence Day fireworks celebration events were held consecutively from 2013 through 2019. The pandemic interrupted the annual event series in 2020 and the 2021 fireworks show was rescheduled to coincide with the City’s Centennial Celebration on July 16, 2021.

New Proposed Date for Fireworks Show
City Council Regular Meeting - Page 160 of 192

Starting with the 2022 program, staff is recommending that the City of Lynwood’s Independence Day fireworks show be rescheduled to July 3
rd
yearly. Normally held on July 4
th
each year, a combination of changing community interests and logistical challenges give reason to consider the recommended date change.

Over time and with the prevalence of fireworks in the community, residents have shown a growing preference to celebrate Independence Day at home on the actual date of July 4
th
. Additionally, the City faces programming and logistical challenges in planning this event on July 4
th
that are largely caused by competition from larger, more regional events. Vendors and event service providers are more likely to charge higher fees on the July 4 th
date and also prefer to prioritize the larger, regional events, over the City’s more local event.

July 3 fireworks celebrations of Independence Day can be found throughout Los Angeles County. Examples include, but are not limited to the cities of Santa Fe Springs; Arcadia; Duarte; La Mirada; and Lakewood all recently hosting fireworks shows on July 3rd.

Scheduling the Independence Day fireworks show on July 3 rd
of each year will allow:
·

More favorable vendor pricing
·

Increased availability of vendors and service provider options ·

Freeing of City resources, on the actual July 4
th
date, to focus on the community concern of the use of illegal fireworks throughout the City
·

City employees to enjoy the national holiday date with their families ·

Anticipated increase in attendance by residents on July 3 rd
, as the trend has been for residents to favor at-home
celebrations on the actual July 4
th
date

No matter the decision on the event’s ultimate date, the event will continue to feature:
·

Traditional fireworks display
·

Vendor booths
·

Entertainment (DJ music, local youth dance/performing arts groups, and various interactive games and leisure activities for the public)

Fireworks Services Contractor

The single largest expense for this event is the fireworks display. The City has selected Exposhows, Inc. as its professional fireworks show provider for the last several consecutive years. Exposhows, Inc. has demonstrated the ability to successfully deliver high-quality, professional fireworks shows to our community. In recognition of the City of Lynwood being one of its first clients, this vendor has provided the courtesy of discounted fireworks show pricing that is significantly below market rates.

For example, the following table shows the bids received for fireworks services for the City’s last full display in 2019 (pre-pandemic):

Vendor
Proposal Cost
Notes

1. Exposhows, Inc.
$18,600
19-minute show

2. Vendor Bid B
$30,000
18-minute show

3. Vendor Bid C
$35,000
18-minute show

Contracting of the fireworks display provider for 2022 will proceed under the authority of the City Manager and the City’s Purchasing Policy. However, staff is seeking authority from the City Council to negotiate a three-year agreement with Exposhows, Inc. that would effectively freeze the basic fireworks show cost at $18,000/year for a three-year term (plus the cost of any enhanced features the City may wish to purchase à la carte
for future shows).

Should the City decide not to enter into a multi-year contract, the cost of the 2022 fireworks show is expected to remain at $18,000 and will be contracted under the City Manager’s authority. However, the City runs the risk of a substantial cost increases for this service in subsequent years.

Professional fireworks display providers are limited. Delays in contracting with a vendor for this service puts the City Council Regular Meeting - Page 161 of 192
City at risk of not having a provider available to contract for this service. Furthermore, decision delays may also cause for a County Fire Inspector to not be available to supervise the event. Los Angeles County will not permit a fireworks display without an assigned inspector.

Staff respectfully requests that the City Council:

1 .

Consider staff’s proposal to change the official Independence Day Fireworks Show program to July 3 each year, reserving the right to review and reconsider a future change if necessary. Should the City Council desire to support the rescheduling of the Independence Day Fireworks Show to July 3 each year, adopt the accompanying Resolution. 2 .

Authorize staff to negotiate a three-year contract with Exposhows, Inc. to provide the City’s annual fireworks show by adopting the accompanying Resolution.

Fiscal Impact:

The desired actions do not have an impact to the adopted bi-annual FY 2021/2022 budget. No new funding is being requested with the recommended actions. The 2022 Independence Day Fireworks Show is already an approved part of the adopted bi- annual budget. Should the City Council desire to authorize staff to negotiate a multi-year agreement for fireworks shows as proposed, subsequent Independence Day event costs will be part of the City’s standard budget development process.

Coordinated With:

City Manager
City Attorney
Finance Department
ATTACHMENTS:

Description
Resolution - Fireworks Show Date Change
Resolution
City Council Regular Meeting - Page 162 of 192
RESOLUTION NO._______________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD

AUTHORIZING ITS ANNUAL INDEPENDENCE DAY FIREWORKS SHOW EVENT TO BE SCHEDULED ON JULY 3 OF EACH YEAR

WHEREAS, the City of Lynwood desires to continue to present a community fireworks celebration in honor of the nation’s Independence Day holiday each year; and

WHEREAS, the annual City of Lynwood Independence Day Fireworks Show has become a time-honored community tradition within the City; and

WHEREAS, the City finds that rescheduling the Independence Day fireworks event to July 3 rd of each year has become the most logistically effective and cost -efficient manner in which to host this community event; and

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, PROCLAIM, ORDER AND RESOLVE AS FOLLOWS:

Section 2. The City Council hereby approves the rescheduling of the Independence Day fireworks show to July 3 of each year.

Section 3. The City Council authorizes staff to schedule the event on July 3 rd of each year, consistently evaluate imp acts of the new event date and, if necessary, bring back any future recommended changes for City Council consideration. Costs for the event shall be considered during the City’s standard budget development process for each fiscal year.

Section 4. The City Manager or his designee is authorized to carry out necessary transactions as so ordered by this resolution.

Section 5. This resolution shall take effect immediately upon its adoption.

PASSED, APPROVED and ADOPTED this 19th day of April 2022.

_________________________
Jorge Casanova, Mayor
ATTEST:

________________________ __________________________
Maria Quinonez Ernie Hernandez
City Clerk City Manager
City Council Regular Meeting - Page 163 of 192

APPROVED AS TO FORM: APPROVED AS TO CONTENT:

__________________________ _________________________
Noel Tapia Mark Flores, Director
City Attorney Recreation & Community Services

City Council Regular Meeting - Page 164 of 192

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 said City at its regular meeting thereof held in the City Hall of the City on the 19th day of April, 2022 and passed by the following vote:

AYES:

NOES:

ABSTAIN:

ABSENT:

Maria Quinonez
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 19th day of April, 2022.

Maria Quinonez
City Clerk, City of Lynwood

City Council Regular Meeting - Page 165 of 192
RESOLUTION NO._______________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD

AUTHORIZING STAFF TO NEGOTIATE A THREE -YEAR CONTRACT WITH EXPOSHOWS, INC. FOR FIREWORKS DISPLAY SERVICES IN SUPPORT OF THE CITY’S ANNUAL INDEPENDENCE DAY FIREWORKS SHOW EVENT

WHEREAS, the City of Lynwood desires to continue to present a community fireworks celebration in honor of the nation’s Independence Day holiday; and

WHEREAS, the annual City of Lynwood Fireworks Show has become a time-honored community tradition within the City; and

WHEREAS, the City desires to efficiently and cost -effectively acquire services in support of this community event; and

WHEREAS, long -time City professional fireworks show provider, Exposhows, Inc., has proposed a contract that w ill effectively stabilize the cost of the City’s fireworks show for three-years; and

WHEREAS, per Chapter 6 -3.10 of the Lynwood Municipal Code, the City Manager is authorized to sign contracts to procure professional/special services which do not exceed a total contract or purchase order amount of twenty -five thousand dollars ($25,000.00) in any one-year period.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, PROCLAIM, ORDER AND RESOLVE AS FOLLOWS:

Section 2. The City Council authorizes staff to negotiate and execute a three-year services contract with Exposhows, Inc., in a form approved by the City Attorney, for contracting of fireworks display services in support of the City’s Independence Day fireworks show.

Section 3. The City Council hereby approves the value of the c ontract in an amount not to exceed $18,000/year for three-years plus any à-la-carte services that may be requested in any of the three years.

Section 4. The City Manager or his designee is authorized to carry out necessary transactions as so ordered by this resolution.

Section 5. That the funding appropriations for each of the three contract years be considered as part of the City’s standard budget development process for each relative year.

City Council Regular Meeting - Page 166 of 192

Section 6. This resolution shall take effect immediately upon its adoption.

PASSED, APPROVED and ADOPTED this 19th day of April, 2022.

_________________________
Jorge Casanova, Mayor

ATTEST:

________________________ __________________________
Maria Quinonez Ernie Hernandez
City Clerk City Manager

APPROVED AS TO FORM: APPROVED AS TO CONTENT:

__________________________ _________________________
Noel Tapia Mark Flores, Director
City Attorney Recreation & Community Services

City Council Regular Meeting - Page 167 of 192

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 said City at its regular meeting thereof held in the City Hall of the City on the 19 th day of April, 2022 and passed by the following vote:

AYES:

NOES:

ABSTAIN:

ABSENT:

Maria Quinonez
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, d o 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 19h day of April, 2022.

Maria Quinonez
City Clerk, City of Lynwood

City Council Regular Meeting - Page 168 of 192
Agenda Item # 21.

AGENDA STAFF REPORT
DATE:

April 19, 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:

APPROVAL OF NON-PROFIT APPLICATIONS FOR THE SALE OF SAFE AND

SANE FIREWORKS
Recommendation:

Staff respectfully recommends that the City Council review the item and approve the four (4) identified fireworks stands.

Background:

Ordinance 1548-A & 1565 regulates the sale of Safe and Sane Fireworks in the City of Lynwood.

Applications for Fireworks were accepted and reviewed in the City Clerk's Office between March 1, 2022 through April 4, 2022. The city allows up to fourteen (14) stands to operate between July 1st and July 4th. The four (4) applications received by the Clerk's office met the requirements of the Lynwood Municipal Code.

Name of Organization
Stand Location
Company
Lynwood Sports Association -
Marlins Swim Team
10901 S. Atlantic Ave.

TNT
One Nation Under God Christian
Church
10727 Long Beach Blvd.

TNT
Lynwood Grace Church of the
Nazarene
11170 Long Beach Blvd.

TNT
Lynwood Athletics Community
Services
3829 Martin Luther King
Phantom
City Council Regular Meeting - Page 169 of 192
Discussion and Analysis:

Staff is requesting that the Lynwood City Council review, discuss and approve the four (4) qualified applicants.

Fiscal Impact:

The City of Lynwood will receive $2,800 in non-refundable permit fees, $2,208 in refundable fire clearance fees, and $2000 in refundable clean-up fees, if all four (4) stands are approved.

Coordinated With:

N/A
ATTACHMENTS:

Description
No Attachments Available
City Council Regular Meeting - Page 170 of 192
Agenda Item # 22.

AGENDA STAFF REPORT
DATE:

April 19, 2022

TO:

Honorable Mayor and Members of the City Council

APPROVED BY:

Ernie Hernandez, City Manager

PREPARED BY:

Brittany Leslie, American Rescue Plan Act Coordinator

SUBJECT:

AMERICAN RESCUE PLAN ACT APPROPRIATION FOR REPAIRS AT CITY- OWNED FIRE STATIONS 147 & 148
Recommendation:

Staff recommends that the City Council adopt the attached resolution entitled "A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF LYNWOOD APPROVING THE APPROPRATION FROM ARPA FUND (FUND 1055) IN THE AMOUNT OF $337,000 FOR THE REPAIRS AT FIRE STATION 147 AND FIRE STATION 148."

Background:

The City entered into an Agreement for Services by and between the Consolidated Fire Protection District of Los Angeles County and the City of Lynwood in 2000.

A site visit between the Consolidated Fire Protection District of Los Angeles County and the City of Lynwood was conducted on July 27, 2021. During this inspection several major repair issues were identified at City Fire Stations 147 and 148. Fire has been making routine repairs but has requested non-routine major repairs to both facilities.

Discussion and Analysis:

On September 10, 2021 the District formally requested the City evaluate and undertake repairs or request the District complete these repairs and seek compensation from the City.

At Fire Station 147, the District is seeking to replace the interior apparatus bay concrete floor due to significant cracking that poses both health and safety concerns to staff and undue wear on the District’s apparatus.

Additionally, security upgrades were identified due to ongoing theft. At Fire Station 148, the interior of the apparatus bay ceiling has significant cracking from an unknown origin and needs a ceiling replacement.

The District has received estimates to repair the items of concern from the Los Angeles County Internal Services City Council Regular Meeting - Page 171 of 192
Department (ISD), see below. These estimates include both hard and soft costs and represent the cost that the District would incur should the City choose to have the District perform these repairs/improvements, and then invoice the City.

Description
Hard

Costs
Soft

Costs
To
t
al
Fire

Station

147

App_

Bay

Concrete
Floor
$
75 ,
124
$
83 ,
507
$158
,
631

($159
,
000)
Fire

Station

147

Security
$64,481
$
69 ,
360
$133
,
841

($134,000
)
Fire

Station

1 48

App
.

Bay

Ceiling
Replacement
$
18,38
7 $
25 ,3
08 $
43 ,
6 9
5 (
$44
,
000)
Total

$3
3 6
,
167

($337
,
000
)

Fiscal Impact:

Staff is requesting approval of an appropriation of $337,000 from ARPA funds.

Coordinated With:

ATTACHMENTS:

Description
Resolution
Cost Recovery Letter
City Council Regular Meeting - Page 172 of 192
RESOLUTION NO.

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING THE APPROPRATION FROM ARPA FUND (FUND 1055) IN THE AMOUNT OF $337,000 FOR THE REPAIRS AT FIRE STATION 147 AND FIRE STATION 148

WHEREAS, the City entered into an Agreement of Service by and between the Consolidated Fire Protection District of Los Angeles County and the City of Lynwood in 2000; and

WHEREAS, pursuant to the agreement any non -routine repairs (e.g., foundation cracking, security issues, and significant ceiling issues) are considered major repairs and are the responsibility of the City; and

WHEREAS, a site visit between the Consolidated Fire Protection District of Los Angeles County and the City of Lynwood was conducted on July 27, 2021; and

WHEREAS, during this inspection several major repairs were identified at City Fire Stations 147 and 148; and

WHEREAS, these issues should be undertaken by the City within twelve (12) months upon the Consolidated Fire Protection District notification; and

WHEREAS, on Septem ber 10, 2021 the District formally requested the City evaluate and undertake repairs and seek compensation from the City.

NOW, THEREFORE, THE LYNWOOD CITY COUNCIL DOES HEREBY
RESOLVE AND DETERMINE AS FOLLOWS:

Section 2. That the City Council approves the following appropriation for the repairs at Fire Station 147 and Fire Station 148.

Description Hard Costs Soft Costs Total
Fire Station 147 App_ Bay Concrete Floor $75,124 $83,507 $158,631 ($159,000) Fire Station 147 Security $64,481 $69,360 $133,841 ($134,000) Fire Station 148 App. Bay Ceiling
Replacement
$18,387 $25,308 $43,695 ($44,000)
Total $336,167 ($337,000)

Section 3. That this Resolution shall take effect immediately upon its adoption.

Section 4. The City Clerk shall certify as to the adoption of this Resolution.

City Council Regular Meeting - Page 173 of 192
PASSED, APPROVED and ADOPTED this 19th day of April 2022

Jorge
Casanova
MAYOR

ATTEST:

Maria
Quinonez

CITY CLERK

APPROVED AS TO FORM: APPROVED AS TO CONTENT:

Noel Tapia Ernie Hernandez

CITY ATTORNEY CITY MANAGER
City Council Regular Meeting - Page 174 of 192
City Council Regular Meeting - Page 175 of 192
City Council Regular Meeting - Page 176 of 192
Agenda Item # 23.

AGENDA STAFF REPORT
DATE:

April 19, 2022

TO:

Honorable Mayor and Members of the City Council

APPROVED BY:

Ernie Hernandez, City Manager

PREPARED BY:

Ernie Hernandez, City Manager

SUBJECT:

CONSIDERATION AND ACCEPTANCE OF THE CITY OF LYNWOOD

SPEED HUMP

INSTALLATION POLICY GUIDELINES AND PROCEDURES
Recommendation:

Staff recommends that the City Council adopt the attached resolution entitled: “A RESOLUTION OF THE CITY

COUNCIL OF THE CITY OF LYNWOOD ACCEPTING THE CITY OF LYNWOOD

SPEED HUMP
INSTALLATION POLICY GUIDELINES AND PROCEDURES”.

Background:

Over the course of time, Lynwood residents have requested installation of traffic calming measures on their street to slow down vehicles in their neighborhood. Speed humps have been used as a traffic calming device in many cities to provide a vertical impediment to reduce the speed of vehicles travelling along residential streets.

Over the last 10 to 15 years speed humps have gained acceptance in the United States as one of many available traffic calming devices.

The California Manual on Uniform Traffic Control Devices (MUTCD) has control systems and standard designs that City Engineers can use to develop effective, reasonable, and safe procedures for implementation in their community. To provide a speed hump design that best fits the City, a study can be conducted for each speed hump installation. The study adds to the installation cost but mitigates exposure from future claims of loss. Traffic engineering studies may indicate that speed humps would be unnecessary or unsafe at certain locations.

Discussion and Analysis:

In response to these concerns, the Public Works Department, Engineering Division has developed a formal speed hump policy and procedure to resolve these issues effectively and efficiently. The purpose of the Policy is to improve safety in neighborhoods by designing traffic calming measures such as the Speed Hump to reduce speed in eligible residential streets. Furthermore, the Infrastructure ADHOC Committee has reviewed the draft policy, provided input, and recommends adoption of the Lynwood Speed Hump Installation Policy Guidelines and City Council Regular Meeting - Page 177 of 192
Procedures.

Criteria:

A speed hump will not be considered for installation on transit routes, truck routes, arterials, collectors, primary emergency service routes, alleys, or on streets were in the opinion of the Engineer and/or emergency service providers (fire and police) are not suitable. They should only be installed to address documented safety or traffic concerns supported by traffic engineering studies, and after consideration of alternative traffic control measures.

Criteria for determining the appropriateness for such an installation should be carefully reviewed so that the installed humps will not present an equal or greater traffic problem on another residential street. Special consideration should also be given to the following prior to making a final decision for the installation of speed humps.

Speed humps should only be installed on local residential streets Speed humps should only be used on streets with no more than two (2) travel lanes, or where the overall pavement width is not greater than 40 feet.

Speed humps should only be considered for use on streets with grades of five (5) percent or less approaching the hump.

Speed humps should not be placed within horizontal curves of less than 300 feet centerline radius and on vertical curves with less than the minimum safe stopping sight distance determined by engineering calculation.

Speed humps should be installed only on streets where the posted or prima facie speed is 25 mph or less.

The critical (85%) speed should be at least 35 mph.

Speed humps should generally be installed only on streets with an average daily traffic (ADT) volume between 500 and 1,600 vehicles per day. The suitability of a particular street for the installation of speed humps will have to be determined on a case-by-case basis.

Segments shall be measured as a “corner to corner” block with at least eight (8) homes. Segments with less than eight (8) homes shall include an additional segment to meet length of segment requirements.

At the discretion of the Public Works Director, a minimum of one (1) speed hump and no more than two (2) speed humps will be installed per segment.

Speed humps should not be installed on streets that carry:
a)

more than five (5) percent of truck traffic,
b)

primary or routine emergency vehicle access routes,
c)

public transit routes.

When speed humps are installed in response to citizen requests, a documented majority, at least seventy (70) percent of residences along the affected portion of that street should support their installation (at least 50% plus 1 of the signatures collected must be homeowners).

Police, fire and other emergency services comments will be considered for this type of speed control device.

Fiscal Impact:

Staff estimates the cost for installation of each speed hump will be $4,000

including staff time, special studies,
construction, and construction inspection. There are no funds currently budgeted or implementation fee established to recover any associated costs for the installation.

Coordinated With:

City Manager's Office
City Attorney
City Council Regular Meeting - Page 178 of 192
ATTACHMENTS:

Description
Speed Hump Procedure
Resolution - Speed Hump Policy
City Council Regular Meeting - Page 179 of 192

Adopted 04.19.2022

PURPOSE

In response to speed complaints on residential streets, the Public Works Department, Engineering Division has developed a formal speed hump policy and procedure to effectively handle and address such concerns. This policy seeks to improv e neighborhoods by addressing safety and quality-of-life issues by providing residents the opportunity to become actively involved in the improvement of their neighborhoods.

Residents are more familiar with traffic concerns within their neighborhoods, which is why community involvement in this effort is crucial. Th e policy is designed to bring neighborhoods together, provide residents an understanding of what “traffic calming” is and to identify appropriate measures, which can alter travel behavior to the betterment of the impacted neighborhoods. The primary purpose for developing and adopting a standard procedure is to provide a uniform and equitable method based on sound engineering practices to process speed control measure requests of this type for residential streets.

BACKGROUND

Over the last 10 to 15 years speed humps have gained acceptance in the United States as one of many avai lable traffic calming devices. There is a tendency to sometimes confuse speed humps with speed bumps, which are very different from each other . A speed hump or undulation is a raised pavement area that is normally about 12 feet wide and has a maximum height of 3 to 4 inches. Th e speed hump is among an array of available and acceptable traffic calming devices. On the other han d, a speed bump, while also a raised pavement area , is typically one to three feet wide and 4 to 6 inches high. The s peed bump is not an acceptable traffic calming device for use on public roadways. Cities typically use control systems that are included in the California Manual on Uniform Traffic Control Devices (MUTCD). Our Public Works Department follows this policy because implementing these types of systems provides significant liability protection because they are approved by the California Department of Transportation (Caltrans) for a variety of circumstances. When deviating from standard designs and the MUTCD, the burden of proof to determine if a design is reasonable, effective, and safe transfers entirely to the city and its engineers. This is the r eason that cities conduct an engineering study for each speed hump installation. The study adds to the installation cost but mitigates exposure from future claims of loss. Traffic engineering studies may indicate that speed humps would be unnecessary or un safe at certain locations. Strict adherence to the standards and guidelines outlined in the manual will help ensure that any given speed hump installation will be equally recognizable and require the same

CITY OF LYNWOOD

SPEED HUMP INSTALLATION POLICY

GUIDELINES AND PROCEDURES
City Council Regular Meeting - Page 180 of 192

Adopted 04.19.2022

action on the part of the motorists . Typically, installations of speed bumps are found in shopping center and other commercial and public parking lots.

While speed humps may slow traffic down, there is no guarantee that the street will become a safe place for children to play and/or other activities . As s uch, t he street should not be viewed as a playground for children. Streets are designed for the effective and safe movement of motor vehicles and as such, residents, both adults and children , are advised to exercise due care when in the roadway.

GOALS

Resolving traffic issues works best when residents and City staff work together. A collaborative effort ensures a greater probability of success in addressing neighborhood quality of life issues. This step-by-step process works to achieve the following goals:

 To encourage community involvement in solutions to neighborhood traffic issues  To improve quality of life in neighborhoods by addressing “undesirable traffic” (such as excessive speeds, traffic using neighborhood streets to quick ly bypass or “cut through” to get to where they are going, etc.)
 Increase access, safety, and comfort on neighborhood streets for all users  To utilize public resources efficiently by prioritizing traffic mitigation requests in accordance with procedures and established criteria
 Work collaboratively with the community to change the overall view of alternative transportation modes in the City through education, public participation, planning and design to more accurately reflect overall City transportation and environmental policies and values.

CRITERIA

Minimum criteria have been established to address the safety of the general motoring public. As such, a speed hump will not be considered for installation on transit routes, truck routes, arterials, collectors, primary emergency service routes, alleys, or on streets were in the opinion of the Engineer and/or emergency service providers (fire and police) are not suitable . They should only be installed to address documented safety or traffic concerns supported by traffic engineerin g studies, and after consideration of alternative traffic control measures.

1. Increase in travel time over the humps

2. Increase in traffic noise level near the humps

3. Increase in vehicular vibrations transmitted by the hump crossing may have detrimental effects on adjacent properties and structures City Council Regular Meeting - Page 181 of 192

Adopted 04.19.2022

4. Increase in bicycles, skateboards and in -line skating activities at and around the humps

5. Increase the possibility of vehicle and cargo damage

6. Aesthetic and neighborhood appearance

7. Liability concerns

8. Maintenance effort

Criteria for Installation

 Street Classification and Use: Speed humps should only be installed on local residential streets
 Street Width and Number of Lanes: Speed humps should only be used on streets with no more than two (2) travel lanes, or where the overall pavement width is not greater than 40 feet.
 Street Grades: Speed humps should only be considered for use on streets with grades of five (5) percent or less approaching the hump.  Horizontal and Vertical Alignment: Speed humps should not be placed within horizontal curves of less than 300 feet centerline radius and on vertical curves with less than the minimum safe stopping sight distance determined by engineering calculation.
 Traffic Speeds: Speed humps should be installed only on streets where the posted or prima facie speed is 25 mph or less. The critical (85%) speed should be at least 35 mph.
 Traffic Volumes: Speed humps should generally be installed only on str eets with an average daily traffic (ADT) volume between 500 and 1,600 vehicles per day.

The suitability of a particular street for the installation of speed humps will have to be determined on a case-by-case basis.
 Length of Segments: Segments shall be mea sured as a “corner to corner” block with at least eight ( 8) homes. Segments with less than eight ( 8) homes shall include an additional segment to meet length of segment requirements.  Spacing: At the discretion of the Public Works Direct or, a minimum of on e (1) speed hump and no more than two (2) speed humps will be installed per segment.
 Vehicle Mix: Speed humps should not be installed on streets that carry:
a) more than five (5) percent of truck traffic,
b) primary or routine emergency vehicle access routes,
c) public transit routes.
 Citizen Support: When speed humps are installed in response to citizen requests, a documented majority, at least seventy (70) percent of residences along the affected portion of that street , otherwise known as segment, should support their installation (at least 50% plus 1 of the signatures collected must be homeowners).
 Emergency Services Support: Police, fire and other emergency services comments will be considered for this type of speed control device.

SPEED HUMP REQUEST PROCEDURE
City Council Regular Meeting - Page 182 of 192

Adopted 04.19.2022

The following is the approved standard procedure for use in the City of Lynwood to respond to citizen requests for reducing the speeds on certain residential streets.

STEP 1. LESS RESTRICTIVE MEASURES TO REDUCE SPEEDING PROBLEM Upon receiving the spe ed complaint(s), the City will verify the problem by conducting a speed survey. Depending on location and severity of the problem, any combination or all of the following measures will be undertaken:
 Police enforcement.
 Signage and pavement markings.
 Provide mobile radar trailer.

If above efforts are not effective as determined by the City in reducing the speed, speed humps will be considered if requested.

STEP 2. SPEED HUMP FEASIBILITY
If speed humps are requested, a Speed Hump Warrant study will be don e to determine if the location is feasible for speed hump installation.

STEP 3. RESIDENTS TO CIRCULATE PETITION FOR SPEED HUMP

If the location satisfies the warrant, a petition by residents of the proposed speed hump street segment must be submitted to the City.

To demonstrate there is a widely held perception of a problem and adequate community support for further action, the petition should be returned with supporting signatures from 70% of the residences of the proposed speed hump segment (one si gnature per address , and at least 50% plus 1 of the signatures collected must be homeowners).

The sponsor of the petition is required to contact every resident of the abutting properties on the subject street. If a resident is against the speed humps, the word "NO" will be noted on the petition signature space. If the sponsor is unable to contact a resident, "NO CONTACT" will be noted on the petition signature space with the days and times that contact was attempted.

It is required that the sponsor makes at least two attempts on separate days to contact a resident.

If there is subsequently a desire by residents to remove the speed humps, the humps will only be considered for removal after receipt of a petition from a substantial majority of 70% or more asking for the removal (one signature per address, and at least 50% plus 1 of the signatures collected must be homeowners).

Once completed, a ll petitions must be submitted to the City ’s Public Works Director for validation and prioritization.

City Council Regular Meeting - Page 183 of 192

Adopted 04.19.2022

To be considered for the program, petitions must be received by the Public Works Director within 90 days from the date of the application.

Staff notifies the Neighborhood Blockwatch, if it exists, of the request for speed humps.

STEP 4. PRIORITIZATION
A. All locations that meet the Speed Hump Warrant and petition requirements will be prioritized by a point system based on the following:

Criteria Basis For Assignment Max.

Points
Severity of speeding 5 points for every one mph (85% tile) over 35mph
50 Total daily traffic volume For streets with traffic volumes greater than or equal to 500 vehicles per day, 1
point for every 100 vehicles
35 Speed related accidents 5 points for speed related accidents 5 Adjacent to School or
Park
10 points if adjacent to a school or to a
park
10 Total 100 points

B. City determines the number of speed hump locations that can be funded for the following fiscal year.

C. Those locations not funded in this fiscal year cycle will remain on the priority list for one more cycle. After that, the locat ions will be removed from the priority list. Private funding (if available) can be considered.* STEP 5. AREA OF IMPACT FOR ADVISORY POLL
For those locations that are funded, the City will determine the surrounding area likely to be affected by the propos ed speed humps. This Area of Impact is used for advisory polling purposes.

The Traffic Parking and Public Safety Commission ( TPC) approves the Petition and Area of Impact for advisory polling.

STEP 6. CITY POLLS RESIDENTS FOR SPEED HUMPS
 The City presents the Area of Impact, speed hump plan and advisory polling process to residents in the Area of Impact.
 Those residents are then polled by mail. City staff will tally the advisory poll results. If the TPC does not recommend the speed humps, residents can req uest speed humps again after 24 months from the date o f the TPC’s recommendation.

City Council Regular Meeting - Page 184 of 192

Adopted 04.19.2022

STEP 7. THE TPC REVIEWS POLL RESULTS, HEARS PUBLIC COMMENTS AND

MAKES RECOMMENDATION TO THE CITY COUNCIL
The TPC reviews the poll results, staff recommendation, and hears pub lic comments. TPC makes appropriate recommendation to the City Council.

STEP 8. CITY COUNCIL APPROVES FUNDING AND INSTALLATION
If recommended by the TPC, City Council may approve funding (if available) and installation.

STEP 9. SPEED HUMP INSTALLATION
City implements speed hump installation at locations approved by the City Council.

Design is in accordance with current City speed hump standards.

STEP 10 EVALUATE EFFECTIVENESS OF SPEED HUMPS
 Speeds and volumes are taken before installation and 6 months after installation of speed humps to determine the effectiveness.  Study results are forwarded to the TPC and the neighborhood representative for information.

**********

SPEED HUMP REMOVAL
 The City at anytime may undertake alteration or removal of speed humps if the speed humps are deemed to be a hazard to the public.  If the residents on the street desire removal of the speed humps, the City will only consider removal after a petition has be en filed with the City Engineer with a substantial majority ( 70%) of the residents on the street segment requesting for removal along with sufficient funds for the speed humps removal (one signature per address, and at least 50% plus 1 of the signatures collected must be homeowner s). Cost for removal will be determined by the Public Works Engineering Division.

************

City Council Regular Meeting - Page 185 of 192

Adopted 04.19.2022

 If you wish to make a request or would like more information, please contact the Engineering Division in the Public Works Department at 310/603-0220 ext. 287.

* When no City funding is available fo r the installation of a requested speed hump(s); the residents may pay for such an installation. This will be done by the residents submitting funds to the City in the amount determined by a cost estimate prepared by the Public Works Engineering staff . Any overage will be returned to the residents after construction is complete.

City Council Regular Meeting - Page 186 of 192

Adopted 04.19.2022

GLOSSARY
Advisory Poll Participants
or Residents
Those to whom poll forms are distributed, within a given area of impact, as a result of their being in one of the following groups:

1. Residents of dwelling units with its own mailing address (one poll from per dwelling unit).

2. Owners of vacant land (one poll form per parcel).

3. Tenants of non -residential units, including those with business and commercial uses (one poll form per unit).

4. Designated representatives of properties with institutional land uses, such as schools, government offices, and non -profit organizations (one poll form per parcel).

Area of Impact: The street segment with the proposed speed hump and the adjacent streets that are likely to be affected due to significant increase in traffic and/or speed.

Daily Traffic: A typical 24-hour traffic volume, including both directions of traffic.

Eighty-fifth Percentile
(85%-tile) Speed:

The speed below which 85 percent of all t raffic on a given street segment is traveling.

TPC The Traffic Parking and Public Safety Commission appointed by the City Council. The commi ssion acts in an advisory capacity to the City Council in reviewing transportation issues.

Mobile Radar Trailer: A portable trailer that is capable of detecting speed of oncoming traffic and displaying that speed for the driver.

Police Enforcement: Police officer monitoring the speed by radar and issuing speeding tickets as applicable.

Residence: One legal addre ss or legal dwelling unit, i.e., a "four -plex" consisting of four legal addresses.

Segment Segments shall be measured as a “corner to corner” block with at least eight (8) homes. Segments with less than eight (8) homes shall include an additional s egment to meet length of segment requirements.

Speed Hump Warrant: A minimum set of criteria which, when satisfied, justifies the installation of speed humps.

Speed Hump: A permanent section of raised pavement (asphalt) that is 12 feet wide, parabolic in shape, raising from street surfaces to an approximate height of 2 5/8 inches to 3 inches at the center.

City Council Regular Meeting - Page 187 of 192

Adopted 04.19.2022

CITY OF LYNWOOD

PUBLIC WORKS DEPARTMENT ENGINEERING DIVISION

SPEED HUMP WARRANT
Street:

From: To:

ALL OF THE FOLLOWING CRITERIA MUST BE MET FOR CONSIDERATION OF SPEED HUMP INSTALLATION.

CRITERIA

SATISFIED
NOT

SATISFIED

REMARKS

1. Street is a residential street with no more than one lane in each direction. Lanes per direction:

2. Street is neither a primary fire access route nor a
transit route or truck route.

3. The street is a through street, at least 500 feet long and uninterrupted by stop sign or traffic signal.

Length:

4. The posted or prima facie speed limit is 25 mph.

5. The 85th percentile speed is > 35 mph.
85th Percentile:

6. Adequate visibility can be provided at all speed
hump locations.

7. Daily traffic on the street segment is less than or
equal to 1,600 vehicles per day.

ADT:

Speed Hump Warrant Met  YES  NO
Performed by:__________________________

Reviewed by:___________________________
Date:_________________

Date:_________________

City Council Regular Meeting - Page 188 of 192

PETITION TO THE CITY OF LYWNOOD
TO INSTALL/REMOVE (please circle choice) SPEED HUMPS

STREET: FROM: TO:
(cross street) (cross street)
WHEREAS, a speeding problem has been identified and confirmed on the above subject street segment; and WHEREAS, actions to reduce the problem through less restrictive measures have not effectively reduced the problem,
We, the undersigned, hereby request that the City of Lynwood consider installing/removing speed humps on the above street segment. We understand that in order for the City to consider installing /removing speed humps, this petition should have signatures (one per property owner/address) in favor of the proposed petition from 70% of re sidences on this street segment (at least 50% plus 1 of the signatures collected must be homeowners) and this street segment must meet all requirements outlined in the City of Lynwood Speed Hump Installation Policy Guidelines and Procedures. Speed hump installation /removal depends on available funding and is not guaranteed.

We, the undersigned, further understand the following:

 Speed humps with related signage and pavement markings may be installed in fro nt of my house or adjacent to my driveway approach and may eliminate our ability to park along the street.  Installing speed humps may increase noise levels and delay emergency response time.  Speed humps may impact the effectiveness of street sweeping operations.  Speed humps may impact the streets existing drainage resulting in increase street water ponding.

Contact Person: Daytime Phone:

Before you sign this petition, be sure you understand the City of Lynwood Speed Hump Installation Policy Guidelines and Procedures (attached).

Return petition forms to: Director of Public Works, 11750 Alameda St, Lynwood, CA 90262

# Date Name (must print)
Last, First,
Address Contact
(home,
work, or
cell)
Property
Owner
(YES, NO,
NO

CONTACT)
Signature

City Council Regular Meeting - Page 189 of 192

SPEED HUMP PETITION
(Continued)

STREET: FROM: TO:
(cross street) (cross street)

Contact Person: Daytime Phone:

Before you sign this petition, be sure you understand the Standard Procedure for Managing Speed on Residential Streets (attached).

# Date Name (must print)
Last, First,
Address Telephone Property Owner
(YES, NO,

NO CONTACT)
Signature

Date Received by City:__________________________
City Council Regular Meeting - Page 190 of 192

City Council Regular Meeting - Page 191 of 192
RESOLUTION NO.____________

A RESOLUTION OF THE CITY COUNCIL O F THE CITY OF LYNWOOD A CCEPTING THE

CITY OF LYNWOOD SPEED HUMP INSTALLATION POLICY GUIDELINES AND

PROCEDURES

WHEREAS, safe and comfortable streets are a priority for the City of Lynwood; and

WHEREAS, speed humps are an effective traffic calming measure on certain residential streets; and

WHEREAS, residents regularly report speeding and request speed hump installations along their blocks.

NOW, THEREFORE , THE CITY COUNCIL OF THE CITY OF LYNW OOD DOES HEREBY FIND, DETERMINE, ORDER AND RESOLVE AS FOLLOWS:

Section 1 . The Lynwood City Council adopts the Speed Hump Installation Policy Guidelines and Procedures attached hereto as Exhibit A.

Section 2. The Lynwood City Council directs staff to include speed humps as traffic calming measures and use the Speed Hump Installation Policy Guidelines and Procedures to install speed humps when requested in accordance with the provisions contained therein.

Section 3. This Resolution shall become effective immediately upon its adoption.

PASSED, APPROVED, AND ADOPTED this 19th day of April 2022.

__________________________
Jorge Casanova, Mayor

ATTEST:

______________________________
Maria Quinonez, City Clerk

APPROVED AS TO FORM: APPROVED AS TO CONTENT:

______________________________ _______________________________ Noel Tapia, City Attorney Ernie Hernandez, City Manager City Council Regular Meeting - Page 192 of 192
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

AGENDA
City of Lynwood as Successor Agency
to the Lynwood Redevelopment Agency

TO BE HELD ON

April 19, 2022

1. CALL TO ORDER

2. CERTIFICATION OF AGENDA POSTING BY SECRETARY

3. ROLL CALL OF MEMBERS
Jorge Casanova, Mayor
Jose Luis Solache
, Mayor Pro Tem
Oscar Flores, Council Member
Marisela Santana, Council Member
Rita Soto, Council Member

PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)

NON-AGENDA PUBLIC ORAL COMMUNICATIONS

THIS PORTION PROVIDES AN OPPORTUNITY FOR THE PUBLIC TO ADDRESS THE LYNWOOD SUCCESSOR

AGENCY ON ITEMS WITHIN THE JURISDICTION OF THE LYNWOOD SUCCESSOR AGENCY AND NOT LISTED ON THE AGENDA. IF AN ITEM IS NOT ON THE AGENDA, THERE SHOULD BE NO SUBSTANTIAL DISCUSSION

OF THE ISSUE BY LYNWOOD SUCCESSOR AGENCY, BUT LYNWOOD SUCCESSOR AGENCY MAY REFER THE Lynwood Successor Agency - Page 1 of 53
MATTER TO STAFF OR SCHEDULE SUBSTANTIVE DISCUSSION FOR A FUTURE MEETING. (The Ralph M.

Brown Act, Government Code Section 54954.2 (a).)

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.

4. 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 March 31, 2022.

ADJOURNMENT

CITY OF LYNWOOD AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY MEETINGS WILL BE POSTED AS NEEDED. THE NEXT MEETING WILL BE HELD IN THE COUNCIL CHAMBERS OF CITY HALL ANNEX, 11350 BULLIS ROAD, CITY OF LYNWOOD, CALIFORNIA.

Lynwood Successor Agency - Page 2 of 53
Agenda Item # 4.

AGENDA STAFF REPORT
DATE:

April 19, 2022

TO:

Honorable Mayor and Members of City Council, as Successor to Lynwood Redvelopment Board

APPROVED BY:

Ernie Hernandez, City Manager

PREPARED BY:

Gabriela Camacho, City Treasurer
Sheila Harding, Deputy City Treasurer

SUBJECT:

TREASURER'S QUARTERLY REPORT
Recommendation:

Background:

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.

Discussion and Analysis:

Lynwood Successor Agency - Page 3 of 53

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 total received from Urban Farming for the 3rd quarter reporting is $86,406.65

Reports prepared by FTN Main Street Capital Advisors are as follows:

Fiscal Impact:

There is no fiscal impact.

Coordinated With:

FTN Financial Main Street Advisors
ATTACHMENTS:

Description
QUARTERLY SUMMARY REPORT - MARCH 2022
FHN FINANCIAL REPORT - MARCH 2022
FHN QUARTERLY UPDATE REPORT - MARCH 2022
Lynwood Successor Agency - Page 4 of 53
Schedule of City Cash & Investments: This schedule provides information on the cash and investments managed by the City.

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.

CITY OF LYNWOOD
QUARTERLY INVESTMENT REPORT
March 31, 2022
Lynwood Successor Agency - Page 5 of 53
Quarter Ending Date Interest
Issuer Investment Balance Interest Received Rate
State of California LAIF 9,537,751.55 5,487.56 January 14, 2022 0.23% 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) 2,394 Agencies
LAIF BALANCE BY TYPE AS OF
March 31, 2022
Total $35.9 billion
(chart dollars in millions)
March 31, 2022
CITY OF LYNWOOD
QUARTERLY REPORT
March 31, 2022
LAIF Daily Yield .40% ‐ Quarter to Date 0.28% ‐ Average Days to Maturity 311 LAIF PARTICIPATION AS OF
Mar 2022.xlsLynwood Successor Agency - Page 6 of 53
PAR MARKET BOOK % OF

CITY OF LYNWOOD
QUARTERLY REPORT
March 31, 2022
PORTFOLIO SUMMARY
Mar 2022.xlsLynwood Successor Agency - Page 7 of 53

AVERAGE
MARKET PERCENTAGE (%) DAYS TO

DESCRIPTION VALUE PORTFOLIO MATURITY
INVESTMENTS* 25,697,469.19 100% *
CERTIFICATE OF DEPOSIT/TIME DEPOSIT/
MONEY MARKET/CUSTODY HOLDINGS 7,464,489.16
CHECKING ACCOUNT 50,550,408.56

TOTAL AVERAGES 58,014,897.72 $
TOTAL INVESTMENTS & AVERAGES 83,712,366.91 $
ZtuÜ|xÄt VtÅtv{ÉBf{x|Ät [tÜw|Çz
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
March 31, 2022
MASTER SUMMARY
Mar 2022.xlsLynwood Successor Agency - Page 8 of 53
Jan ‐ Mar Apr ‐ June July ‐ Sept Oct ‐ Dec
Investments Managed by Main Street $25,697,469.19 $29,758,531.25 26,244,509.47 $26,155,452.36 Cash & Investments $58,014,897.72 30,737,800.38 37,237,880.58 $62,899,284.48 Per Treasurer's Reports 83,712,366.91 60,496,331.63$     $63,482,390.05 $89,054,736.84 Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank ‐ General Account* 28,593,915.14$     10,539,605.39$     4,226,679.48$      34,906,841.05$ *Local Agency Investment Fund 9,532,263.99$       5,487.56$               ‐ $                       9,537,751.55$ US Bank ‐ RORF ‐ Successor Agency 4,099,058.85$       1,205,587.74$       103,484.00$         5,201,162.59$ US Bank ‐ Low Mod Housing Trust 19,685,967.27$     ‐ $                         78,351.53$           19,607,615.74$ TOTAL REVENUE & EXPENDITURE 11,750,680.69 $     4,408,515.01$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank ‐ General Account* 34,906,841.05$     19,385,751.89$     18,857,510.33$    35,435,082.61$ *Local Agency Investment Fund 9,537,751.55$       ‐ $                         ‐ $                       9,537,751.55$ US Bank ‐ RORF ‐ Successor Agency 5,201,162.59$       3,340,472.88$      1,860,689.71$ US Bank ‐ Low Mod Housing Trust 19,607,615.74$     4,131,357.00$       14,681,473.76$    9,057,498.98$ TOTAL REVENUE & EXPENDITURE 23,517,108.89 $     36,879,456.97$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank ‐ General Account 35,435,082.61 $     7,258,041.42$       5,349,898.13$      37,343,225.90$ *Local Agency Investment Fund 9,537,751.55$       ‐ $                         9,537,751.55$ US Bank ‐ RORF ‐ Successor Agency 1,860,689.71$       ‐ $                         1,860,689.71$ US Bank ‐ Low Mod Housing Trust 9,057,498.98$       1,026,108.16 8,031,390.82$ TOTAL REVENUE & EXPENDITURE 7,258,041.42$       6,376,006.29 QUARTERLY TOTAL OF DEBITS/CREDITS 42,525,831.00 $     47,663,978.27$ *Most Active Accounts
*Funds transferred from LAIF account to the general account to cover expenditures 2021
Jan‐22
Feb‐22
Mar‐22
CITY OF LYNWOOD
QUARTERLY REPORT
March 31, 2022
MONTHLY BALANCES PER STATEMENT
DEMAND DEPOSIT ACCOUNTS ‐ MOST ACTIVE
BALANCES PER QUARTER
Lynwood Successor Agency - Page 9 of 53
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Amortizing Page 2
Portfolio Summary
City of Lynwood 3/31/2022

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)

0.60%

0.65%

0.70%

0.75%

0.80%

0.85%

0.90%

0.95%

1.00%

1.0%

2.7%

7.7%

12.3%

15.1%

24.8%

36.4%
MMF
CP
CORP
AGY
CD
TSY
LAIF
100%75%50%25%0%

51.4%

10.5%

15.3% 12.3% 10.5%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%

51.5%

2.9%

1.9%

1.0%

39.0%

2.7%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 Lynwood Successor Agency - Page 10 of 53
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Amortizing Page 3
Investment Policy Compliance
City of Lynwood 3/31/2022
Category Book Value % of Portfolio % Allowed by Policy In ComplianceReserved row US Treasuries 6,502,610.22 24.81% 100% Yes
US Federal Agencies 3,224,598.65 12.30% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 9,537,751.55 36.39% 100% Yes
Commercial Paper 699,639.47 2.67% 25% Yes
Money Market Funds 253,724.99 0.97% 20% Yes
Negotiable Certificates of Deposit 3,966,873.71 15.14% 30% Yes Corporate Obligations 2,022,313.13 7.72% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 26,207,511.71 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.50 Less than 3.0 Years Yes
Liquidity 51.44% 30% Under 365 Days Yes
Ratings Yes
3 Lynwood Successor Agency - Page 11 of 53
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Amortizing Page 8
Yield At Cost Per 6-Month Maturity Intervals
City of Lynwood 3/31/2022
Years Yield At Cost % of Portfolio
0 to .5 0.62% 45.72%
.5 to 1.0 1.76% 5.71%

1.0 to 1.5 3.05% 4.74%

1.5 to 2.0 1.18% 5.72%

2.0 to 2.5 1.86% 6.68%

2.5 to 3.0 0.80% 8.66%

3.0 to 3.5 0.55% 6.64%

3.5 to 4.0 0.61% 5.67%

4.0 to 4.5 0.81% 6.66%

4.5 to 5.0 1.27% 3.79%

5.0+ 0.00% 0.00%
Total 0.96% 100.0%

0.62%

1.76%

3.05%

1.18%

1.86%

0.80%

0.55% 0.61%

0.81%

1.27%

5.55.04.54.03.53.02.52.01.51.00.50.0-0.5
-1.0%
-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%
Maturity Intervals
Yield At Cost
Bubble Size = Maturity's % of Portfolio
8 Lynwood Successor Agency - Page 12 of 53
Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 10
Issuer Allocation
City of Lynwood 3/31/2022

0.9%

1.0%

1.3%

1.9%

2.7%

3.8%

3.9%

24.8%

36.4%
Citigroup
Wells Fargo
EnerBank
Goldman Sachs Bank
Comenity Capital Bank
Merrick Bank
Morgan Stanley Bank
Capital One Bank USA
Sallie Mae Bank
UBS Bank USA
Toyota Financial Savings Bank
State Bank of India
Flagstar Bank
First Missouri State Bank
EagleBank
BMW Bank
New York Life
Jackson National Life
MetLife
US Bancorp
Toyota
Goldman Sachs Govt MMF
Exxon Mobil
Royal Bank of Canada
ING US Funding
FHLMC
JPMorgan
FFCB
FNMA
FHLB
U.S. Treasury
LAIF
40%35%30%25%20%15%10%5%0%
10 Lynwood Successor Agency - Page 13 of 53
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Amortizing Page 12
Historical Earnings & Book Return Performance
City of Lynwood 3/31/2022
Fiscal YTD ($K) Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 2020 $65.050 $31.666 $187.208 $249.056 $303.058 $354.899 $410.103 $456.891 $498.400 $552.596 $586.799 $623.500 FY 2021 $35.200 $66.215 $94.922 $120.389 $147.318 $173.870 $199.724 $223.094 $247.869 $271.162 $294.542 $316.873 FY 2022 $18.153 $37.347 $56.010 $82.204 $100.760 $118.668 $142.482 $159.901 $178.121 Fiscal YTD Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Book Return 0.77% 0.78% 0.81% 0.90% 0.89% 0.88% 0.90% 0.90% 0.89% Fiscal Year-To-Date Earnings
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
$0
$100
$200
$300
$400
$500
$600
$700
Thousands
FY 2020
FY 2021
FY 2022
Fiscal Year-To-Date Book Return
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

0.00%

0.25%

0.50%

0.75%

1.00%

1.25%

1.50%
11 Lynwood Successor Agency - Page 14 of 53
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Amortizing Page 13
Historical Yield At Cost vs Benchmark
City of Lynwood 3/31/2022
Month-End Yield At Cost vs Benchmark
Jun-17
Aug-17
Oct-17
Dec-17
Feb-18
Apr-18
Jun-18
Aug-18
Oct-18
Dec-18
Feb-19
Apr-19
Jun-19
Aug-19
Oct-19
Dec-19
Feb-20
Apr-20
Jun-20
Aug-20
Oct-20
Dec-20
Feb-21
Apr-21
Jun-21
Aug-21
Oct-21
Dec-21
Feb-22

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0% Portfolio
Benchmark
Trailing 12 Months: Month End Yield At Cost vs Benchmark Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22

0.0%

0.2%

0.4%

0.6%

0.8%

1.0%

1.2% Portfolio
Benchmark
Benchmark: Custom Benchmark (see disclosure)
12 Lynwood Successor Agency - Page 15 of 53
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Amortizing Page 14
Total Return Performance
City of Lynwood 3/31/2022
*Index: ICE BofA 0-3Yr Treasury Index
**Inception: June 2017
1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception
Portfolio -0.988% -1.783% -2.203% -2.063% 0.901% N/A 1.277% Benchmark -0.948% -1.693% -2.022% -2.041% 0.903% N/A 1.141% Variance -0.040% -0.091% -0.181% -0.022% -0.001% N/A 0.135% 1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception**
-3%
-2%
-2%
-1%
-1%
0%
1%
1%
2%
Portfolio
Benchmark
13 Lynwood Successor Agency - Page 16 of 53
Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 15
Investment Activity
City of Lynwood 3/31/2022
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Positions 38 37 38 40 40 40 41 41 43 43 43 43
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Purchases 1 0 1 5 1 0 1 1 3 0 0 0
Redemptions 1 0 2 1 1 0 0 1 1 0 0 0
Total 2 0 3 6 2 0 1 2 4 0 0 0
Number of Positions at Month End
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 34 35
36 37
38 39
40 41
42 43
44 Positions
Purchases and Redemptions* (Excluding MMF/LGIP)
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 0 2
4 6
8 10
Number of Transactions
Purchases
Redemptions
*Redemptions include maturities, calls, and sells
14 Lynwood Successor Agency - Page 17 of 53
Portfolio Summary
City of Lynwood March 31, 2022
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 3,968,000.00 3,966,873.71 15.14 2.28 656 3,921,030.02 Commercial Paper 700,000.00 699,639.47 2.67 0.29 59 699,288.63 Corporate Bonds 2,000,000.00 2,022,313.13 7.72 2.52 614 2,012,355.00 LAIF 9,537,751.55 9,537,751.55 36.39 0.36 1 9,537,751.55 Money Market Funds 253,724.99 253,724.99 0.97 0.24 1 253,724.99 U.S. Agencies 3,200,000.00 3,224,598.65 12.30 1.17 1,047 3,103,669.00 U.S. Treasuries 6,500,000.00 6,502,610.22 24.81 0.56 1,088 6,169,650.00 26,207,511.71 100.00 547 25,697,469.18 0.96 26,159,476.54 Investments
March 31 Month Ending Fiscal Year To DateTotal Earnings Current Year 18,220.16 178,120.95
Average Daily Balance 26,196,493.22 26,620,614.49
Book Rate of Return 0.82% 0.89%
Run Date: 4/6/2022 - 1:52 PM
Amortizing
15Lynwood Successor Agency - Page 18 of 53
Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
Certificates of Deposit
27002YEM4 248,000.00EagleBank 05/10/2019 248,000.00 100.24 248,605.96 0.95% NR/NR 0.1105/10/2022 605.96 NR 0.11 388.65 2.60% 248,000.00 0.42%2.600%
33847E2J5 248,000.00Flagstar Bank 06/12/2019 248,000.00 100.38 248,934.20 0.95% NR/NR 0.2006/13/2022 934.20 NR 0.20 1,868.49 2.50% 248,000.00 0.64%2.500% 1404203Z1 248,000.00Capital One Bank USA 08/03/2017 247,417.20 100.43 249,077.84 0.95% NR/NR 0.3408/02/2022 1,117.43 NR 0.33 906.39 2.35% 247,960.40 1.02%2.300% 795450D36 248,000.00Sallie Mae Bank 08/24/2017 247,417.20 100.53 249,310.68 0.95% NR/NR 0.4008/23/2022 1,356.98 NR 0.39 590.78 2.40% 247,953.70 1.02%2.350% 61747MF63 248,000.00Morgan Stanley Bank 01/12/2018 247,417.20 100.74 249,825.85 0.95% NR/NR 0.7801/11/2023 1,917.18 NR 0.76 1,440.44 2.70% 247,908.67 1.70%2.650% 59013J5Z8 248,000.00Merrick Bank 12/19/2018 247,516.40 101.36 251,370.45 0.95% NR/NR 0.9002/21/2023 3,474.15 NR 0.87 318.66 3.41% 247,896.30 1.82%3.350% 20033AZK5 248,000.00Comenity Capital Bank 06/29/2018 247,427.12 101.41 251,496.79 0.95% NR/NR 1.2506/29/2023 3,639.54 NR 1.20 67.27 3.40% 247,857.25 2.15%3.300%
38148PR33 248,000.00Goldman Sachs Bank 07/09/2018 247,432.08 101.38 251,417.41 0.95% NR/NR 1.2707/06/2023 3,561.34 NR 1.22 1,905.86 3.35% 247,856.07 2.19%3.300% 949763TF3 248,000.00Wells Fargo Bank NA 08/31/2018 247,429.60 101.50 251,729.32 0.95% NR/NR 1.4208/30/2023 3,890.91 NR 1.37 44.84 3.35% 247,838.41 2.22%3.300%
29278TLY4 248,000.00EnerBank 09/30/2019 247,523.84 99.60 247,008.04 0.95% NR/NR 1.4909/27/2023 -813.97 NR 1.46 67.95 2.05% 247,822.01 2.27%2.000%
17312Q3B3 248,000.00Citibank 02/28/2019 247,427.12 101.06 250,627.05 0.95% NR/NR 1.9102/27/2024 2,846.16 NR 1.83 672.66 3.05% 247,780.89 2.43%3.000% 32100LCB9 248,000.00First Missouri State Bank 09/13/2019 248,000.00 98.34 243,884.99 0.95% NR/NR 2.4609/13/2024 -4,115.01 NR 2.38 238.83 1.85% 248,000.00 2.55%1.850% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 93.04 230,741.05 0.95% NR/NR 3.4909/25/2025 -17,258.95 NR 3.45 23.78 0.50% 248,000.00 2.60%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 94.01 233,139.12 0.95% NR/NR 4.0804/27/2026 -14,860.88 NR 3.96 1,059.95 1.00% 248,000.00 2.56%1.000% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 93.58 232,067.79 0.95% NR/NR 4.2907/15/2026 -15,932.21 NR 4.18 490.56 0.95% 248,000.00 2.54%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 93.47 231,793.47 0.95% NR/NR 4.3708/11/2026 -16,206.53 NR 4.26 135.55 0.95% 248,000.00 2.53%0.950% 3,963,007.76 3,921,030.02 15.14% 1.80
3,966,873.71 2.28% 3,968,000.00 1.92% 10,220.66 -45,843.70 1.75Total Certificates of Deposit Commercial Paper
Run Date: 4/6/2022 - 1:52 PM
Amortizing
16Lynwood Successor Agency - Page 19 of 53
Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

0.00 NR 0.00 0.00 0.36% 9,537,751.55 0.36%0.360%
9,537,751.55 9,537,751.55 36.39% 0.00
9,537,751.55 0.36% 9,537,751.55 0.36% 0.00 0.00 0.00Total LAIF Money Market Funds
Run Date: 4/6/2022 - 1:52 PM
Amortizing
17Lynwood Successor Agency - Page 20 of 53
Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
Money Market Funds
FGTXX 253,724.99Goldman Sachs Govt MMF 253,724.99 1.00 253,724.99 0.97% Aaa/AAA 0.0004/01/2022

0.00 NR 0.00 28.27 0.24% 253,724.99 0.24%0.241%
253,724.99 253,724.99 0.97% 0.00
253,724.99 0.24% 253,724.99 0.24% 28.27 0.00 0.00Total Money Market Funds U.S. Agencies
3135G0T78 500,000.00FNMA 11/30/2017 497,400.00 100.43 502,160.00 1.91% Aaa/AA+ 0.5210/05/2022 2,435.64 AAA 0.50 4,888.89 2.11% 499,724.36 1.15%2.000% 3133EKTV8 500,000.00FFCB 07/02/2019 499,900.00 99.28 496,375.00 1.91% Aaa/AA+ 2.2507/01/2024 -3,579.97 AAA 2.19 2,375.00 1.90% 499,954.97 2.23%1.900% 3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 97.95 195,904.00 0.76% Aaa/AA+ 2.5510/16/2024 -3,266.96 AAA 2.47 1,375.00 1.67% 199,170.96 2.33%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 99.84 499,215.00 2.01% Aaa/AA+ 2.9603/14/2025 -28,295.20 AAA 2.84 560.76 0.49% 527,510.20 2.43%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 93.59 467,955.00 1.91% Aaa/AA+ 3.3708/12/2025 -32,045.00 AAA 3.32 298.61 0.50% 500,000.00 2.50%0.500% 02/18/2022 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 92.94 464,680.00 1.90% Aaa/AA+ 3.4809/23/2025 -33,558.16 AAA 3.43 41.67 0.48% 498,238.16 2.51%0.375% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 95.48 477,380.00 1.91% Aaa/AA+ 4.7512/30/2026 -22,620.00 AAA 4.27 1,731.53 1.37% 500,000.00 2.38%1.370% 06/30/2022 3,234,505.00 3,103,669.00 12.30% 2.87
3,224,598.65 1.17% 3,200,000.00 2.21% 11,271.46 -120,929.65 2.74Total U.S. Agencies U.S. Treasuries
912828ZD5 500,000.00U.S. Treasury 12/16/2020 504,140.63 98.92 494,610.00 1.91% Aaa/AA+ 0.9603/15/2023 -7,154.44 AAA 0.95 115.49 0.13% 501,764.44 1.64%0.500% 91282CAW1 1,000,000.00U.S. Treasury 07/22/2021 999,960.94 96.95 969,530.00 3.82% Aaa/AA+ 1.6311/15/2023 -30,442.57 AAA 1.61 946.13 0.25% 999,972.57 2.17%0.250% 91282CBV2 500,000.00U.S. Treasury 11/22/2021 496,308.59 96.12 480,605.00 1.90% Aaa/AA+ 2.0404/15/2024 -16,247.81 AAA 2.02 865.38 0.69% 496,852.81 2.33%0.375% 912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 97.50 975,040.00 3.92% Aaa/AA+ 2.6711/30/2024 -53,361.50 AAA 2.59 5,027.47 0.43% 1,028,401.50 2.47%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 93.16 465,820.00 1.88% Aaa/AA+ 3.1705/31/2025 -27,347.05 AAA 3.13 418.96 0.69% 493,167.05 2.51%0.250% Run Date: 4/6/2022 - 1:52 PM
Amortizing
18Lynwood Successor Agency - Page 21 of 53
Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
U.S. Treasuries
91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 92.56 925,550.00 3.78% Aaa/AA+ 3.6711/30/2025 -65,605.49 AAA 3.61 1,256.87 0.62% 991,155.49 2.51%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 92.26 461,310.00 1.89% Aaa/AA+ 3.8401/31/2026 -34,356.79 AAA 3.78 310.77 0.60% 495,666.79 2.50%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 93.12 931,170.00 3.82% Aaa/AA+ 4.1705/31/2026 -70,874.33 AAA 4.06 2,513.74 0.70% 1,002,044.33 2.50%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 93.20 466,015.00 1.88% Aaa/AA+ 4.5009/30/2026 -27,570.23 AAA 4.38 11.95 1.17% 493,585.23 2.48%0.875% 6,506,953.13 6,169,650.00 24.81% 2.98
6,502,610.22 0.56% 6,500,000.00 2.37% 11,466.76 -332,960.21 2.92Total U.S. Treasuries 26,238,644.85 25,697,469.18 100.00% 1.50
49,471.19 -510,042.53 1.45 1.48% 26,207,511.71 0.96% 26,159,476.54TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 25,746,940.37 Run Date: 4/6/2022 - 1:52 PM
Amortizing
19Lynwood Successor Agency - Page 22 of 53
Maturity Report
City of Lynwood March 31, 2022
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 0.241% 1Goldman Sachs Govt MMF 253,724.99 04/01/2022 1 0.24% 253,724.99 253,724.99 9819499 0.360% 1LAIF 05/18/2020 9,537,751.55 04/01/2022 1 0.36% 9,537,751.55 9,537,751.55 59217GCD9 2.650% 1,610MetLife 11/02/2017 250,008.78 04/08/2022 8 2.46% 250,000.00 250,017.50 4497W1DM5 0.000% 100ING US Funding LLC 12/21/2021 349,950.97 04/21/2022 21 0.24% 350,000.00 349,914.25 27002YEM4 2.600% 1,056EagleBank 05/10/2019 248,000.00 05/10/2022 40 2.60% 248,000.00 248,605.96 33847E2J5 2.500% 1,023Flagstar Bank 06/12/2019 248,000.00 06/13/2022 74 2.50% 248,000.00 248,934.20 46849LSW2 2.500% 1,723Jackson National Life 07/12/2017 249,893.76 06/27/2022 88 2.69% 250,000.00 250,580.00 78015DG61 0.000% 101Royal Bank of Canada, NY 12/20/2021 349,688.50 07/06/2022 97 0.33% 350,000.00 349,374.38 1404203Z1 2.300% 1,701Capital One Bank USA 08/03/2017 247,960.40 08/02/2022 124 2.35% 248,000.00 249,077.84 795450D36 2.350% 1,680Sallie Mae Bank 08/24/2017 247,953.70 08/23/2022 145 2.40% 248,000.00 249,310.68 3135G0T78 2.000% 1,582FNMA 11/30/2017 499,724.36 10/05/2022 188 2.11% 500,000.00 502,160.00 61747MF63 2.650% 1,539Morgan Stanley Bank 01/12/2018 247,908.67 01/11/2023 286 2.70% 248,000.00 249,825.85 59013J5Z8 3.350% 1,198Merrick Bank 12/19/2018 247,896.30 02/21/2023 327 3.41% 248,000.00 251,370.45 912828ZD5 0.500% 470U.S. Treasury 12/16/2020 501,764.44 03/15/2023 349 0.13% 500,000.00 494,610.00 20033AZK5 3.300% 1,371Comenity Capital Bank 06/29/2018 247,857.25 06/29/2023 455 3.40% 248,000.00 251,496.79 38148PR33 3.300% 1,361Goldman Sachs Bank 07/09/2018 247,856.07 07/06/2023 462 3.35% 248,000.00 251,417.41 90331HNV1 3.400% 1,126US Bank 03/01/2019 250,988.28 07/24/2023 480 3.08% 250,000.00 253,457.50 949763TF3 3.300% 1,308Wells Fargo Bank NA 08/31/2018 247,838.41 08/30/2023 517 3.35% 248,000.00 251,729.32 29278TLY4 2.000% 913EnerBank 09/30/2019 247,822.01 09/27/2023 545 2.05% 248,000.00 247,008.04 91282CAW1 0.250% 252U.S. Treasury 07/22/2021 999,972.57 11/15/2023 594 0.25% 1,000,000.00 969,530.00 89236TFS9 3.350% 1,127Toyota Motor Credit 02/28/2019 251,292.41 01/08/2024 648 3.03% 250,000.00 253,702.50 17312Q3B3 3.000% 1,127Citibank 02/28/2019 247,780.89 02/27/2024 698 3.05% 248,000.00 250,627.05 91282CBV2 0.375% 129U.S. Treasury 11/22/2021 496,852.81 04/15/2024 746 0.69% 500,000.00 480,605.00 46625HJX9 3.625% 1,053JPMorgan Chase & Co 05/13/2019 506,398.68 05/13/2024 774 2.97% 500,000.00 510,380.00 3133EKTV8 1.900% 1,003FFCB 07/02/2019 499,954.97 07/01/2024 823 1.90% 500,000.00 496,375.00 32100LCB9 1.850% 930First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 897 1.85% 248,000.00 243,884.99 3133EK3B0 1.500% 896FFCB 10/17/2019 199,170.96 10/16/2024 930 1.67% 200,000.00 195,904.00 912828YV6 1.500% 252U.S. Treasury 07/22/2021 1,028,401.50 11/30/2024 975 0.43% 1,000,000.00 975,040.00 64952WDL4 2.000% 799New York Life 01/22/2020 249,495.90 01/22/2025 1,028 2.08% 250,000.00 242,715.00 3130A4CH3 2.375% 540FHLB 10/07/2020 527,510.20 03/14/2025 1,079 0.49% 500,000.00 499,215.00 30231GBH4 2.992% 647Exxon Mobil 06/22/2020 264,235.31 03/19/2025 1,084 0.99% 250,000.00 251,502.50 912828ZT0 0.250% 275U.S. Treasury 06/29/2021 493,167.05 05/31/2025 1,157 0.69% 500,000.00 465,820.00 3136G4H71 0.500% 590FNMA 08/18/2020 500,000.00 08/12/2025 1,230 0.50% 500,000.00 467,955.00 3137EAEX3 0.375% 527FHLMC 10/20/2020 498,238.16 09/23/2025 1,272 0.48% 500,000.00 464,680.00 05580AXF6 0.500% 552BMW Bank 09/25/2020 248,000.00 09/25/2025 1,274 0.50% 248,000.00 230,741.05 91282CAZ4 0.375% 252U.S. Treasury 07/22/2021 991,155.49 11/30/2025 1,340 0.62% 1,000,000.00 925,550.00 Run Date: 4/6/2022 - 1:52 PM
Amortizing
20Lynwood Successor Agency - Page 23 of 53
Maturity Report
City of Lynwood March 31, 2022
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
91282CBH3 0.375% 399U.S. Treasury 02/25/2021 495,666.79 01/31/2026 1,402 0.60% 500,000.00 461,310.00 856283S98 1.000% 338State Bank of India 04/27/2021 248,000.00 04/27/2026 1,488 1.00% 248,000.00 233,139.12 91282CCF6 0.750% 252U.S. Treasury 07/22/2021 1,002,044.33 05/31/2026 1,522 0.70% 1,000,000.00 931,170.00 89235MLC3 0.950% 259Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 1,567 0.95% 248,000.00 232,067.79 90348JR93 0.950% 232UBS Bank USA 08/11/2021 248,000.00 08/11/2026 1,594 0.95% 248,000.00 231,793.47 91282CCZ2 0.875% 163U.S. Treasury 10/19/2021 493,585.23 09/30/2026 1,644 1.17% 500,000.00 466,015.00 3130AQEC3 1.370% 91FHLB 12/30/2021 500,000.00 12/30/2026 1,735 1.37% 500,000.00 477,380.00 Net Maturities and Averages 26,207,511.71 547 0.96% 25,697,469.18 26,159,476.54 Run Date: 4/6/2022 - 1:52 PM
Amortizing
21Lynwood Successor Agency - Page 24 of 53
Income Earned Summary
City of Lynwood March 31, 2022
Fiscal Year To DateMarch 31 Month End
Interest
Interest Received/Purchased
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
Interest Earned During Period
Total Adjustments for Amortization/Accretion
Total Capital Gains or Losses
Total Earnings During Period
19,963.13 210,833.55
49,471.19 49,471.19
-49,553.80 -67,702.76
19,880.52 192,601.98
-1,660.36 -14,481.03

0.00 0.00
18,220.16
178,120.95
Run Date: 4/6/2022 - 1:52 PM
Amortizing
23Lynwood Successor Agency - Page 25 of 53
Income Earned
City of Lynwood March 01, 2022 - March 31, 2022
CUSIP Value
Ending Par
Date
Maturity
Book Value
Beginning
Value
Ending Book
Accrued
Beginning
/Purchased
Int.Received
Accrued
Ending
Issuer Earned
Interest Amortization/
Accretion Earned
Net Income
Certificates of Deposit
27002YEM4 05/10/2022 248,000.00EagleBank 248,000.00 248,000.00 335.65 494.64 388.65 547.64 0.00 547.64 33847E2J5 06/13/2022 248,000.00Flagstar Bank 248,000.00 248,000.00 1,341.92 0.00 1,868.49 526.57 0.00 526.57 1404203Z1 08/02/2022 248,000.00Capital One Bank USA 247,950.50 247,960.40 421.94 0.00 906.39 484.45 9.90 494.35 795450D36 08/23/2022 248,000.00Sallie Mae Bank 247,943.80 247,953.70 95.80 0.00 590.78 494.98 9.90 504.88 61747MF63 01/11/2023 248,000.00Morgan Stanley Bank 247,898.77 247,908.67 882.27 0.00 1,440.44 558.17 9.90 568.07 59013J5Z8 02/21/2023 248,000.00Merrick Bank 247,886.47 247,896.30 250.38 637.33 318.66 705.61 9.83 715.44 20033AZK5 06/29/2023 248,000.00Comenity Capital Bank 247,847.52 247,857.25 22.42 650.24 67.27 695.09 9.73 704.82 38148PR33 07/06/2023 248,000.00Goldman Sachs Bank 247,846.42 247,856.07 1,210.78 0.00 1,905.86 695.08 9.66 704.74 949763TF3 08/30/2023 248,000.00Wells Fargo Bank NA 247,828.72 247,838.41 22.42 672.66 44.84 695.08 9.69 704.77 29278TLY4 09/27/2023 248,000.00EnerBank 247,811.89 247,822.01 27.18 380.49 67.95 421.26 10.12 431.38 17312Q3B3 02/27/2024 248,000.00Citibank 247,771.16 247,780.89 40.77 0.00 672.66 631.89 9.73 641.62 32100LCB9 09/13/2024 248,000.00First Missouri State Bank 248,000.00 248,000.00 2,124.31 2,275.15 238.83 389.67 0.00 389.67 05580AXF6 09/25/2025 248,000.00BMW Bank 248,000.00 248,000.00 533.37 614.90 23.78 105.31 0.00 105.31 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 849.32 0.00 1,059.95 210.63 0.00 210.63 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 290.47 0.00 490.56 200.09 0.00 200.09 90348JR93 08/11/2026 248,000.00UBS Bank USA 248,000.00 248,000.00 116.19 180.73 135.55 200.09 0.00 200.09 Certificates of Deposit - Sub Total 3,968,000.00 3,966,785.25 3,966,873.71 8,565.19 5,906.14 10,220.66 7,561.61 88.46 7,650.07 Commercial Paper
4497W1DM5 04/21/2022 350,000.00ING US Funding LLC 349,878.61 349,950.97 0.00 0.00 0.00 0.00 75.29 75.29 78015DG61 07/06/2022 350,000.00Royal Bank of Canada, NY 349,589.07 349,688.50 0.00 0.00 0.00 0.00 103.71 103.71 Commercial Paper - Sub Total
700,000.00 699,467.68 699,639.47 0.00 0.00 0.00 0.00 179.00 179.00 Corporate Bonds
59217GCD9 04/08/2022 250,000.00MetLife 250,050.19 250,008.78 2,631.60 0.00 3,183.68 552.08 -41.41 510.67 46849LSW2 06/27/2022 250,000.00Jackson National Life 249,853.00 249,893.76 1,111.11 0.00 1,631.94 520.83 40.76 561.59 90331HNV1 07/24/2023 250,000.00US Bank 251,057.23 250,988.28 873.61 0.00 1,581.94 708.33 -68.95 639.38 89236TFS9 01/08/2024 250,000.00Toyota Motor Credit 251,357.23 251,292.41 1,232.99 0.00 1,930.90 697.91 -64.82 633.09 46625HJX9 05/13/2024 500,000.00JPMorgan Chase & Co 506,675.79 506,398.68 5,437.50 0.00 6,947.92 1,510.42 -277.11 1,233.31 64952WDL4 01/22/2025 250,000.00New York Life 249,479.45 249,495.90 541.67 0.00 958.33 416.66 16.45 433.11 30231GBH4 03/19/2025 250,000.00Exxon Mobil 264,675.16 264,235.31 3,366.00 3,740.00 249.33 623.33 -439.86 183.47 Corporate Bonds - Sub Total
2,000,000.00 2,023,148.05 2,022,313.13 15,194.48 3,740.00 16,484.04 5,029.56 -834.92 4,194.64 LAIF
Run Date: 4/6/2022 - 1:53 PM
Amortizing
24Lynwood Successor Agency - Page 26 of 53
Income Earned
City of Lynwood March 01, 2022 - March 31, 2022
CUSIP Value
Ending Par
Date
Maturity
Book Value
Beginning
Value
Ending Book
Accrued
Beginning
/Purchased
Int.Received
Accrued
Ending
Issuer Earned
Interest Amortization/
Accretion Earned
Net Income
LAIF
9819499 04/01/2022 9,537,751.55LAIF 9,537,751.55 9,537,751.55 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total 9,537,751.55 9,537,751.55 9,537,751.55 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 04/01/2022 253,724.99Goldman Sachs Govt MMF 233,761.86 253,724.99 4.49 4.49 28.27 28.27 0.00 28.27 Money Market Funds - Sub Total
253,724.99 233,761.86 253,724.99 4.49 4.49 28.27 28.27 0.00 28.27 U.S. Agencies
3135G0T78 10/05/2022 500,000.00FNMA 499,676.68 499,724.36 4,055.56 0.00 4,888.89 833.33 47.68 881.01 3133EKTV8 07/01/2024 500,000.00FFCB 499,953.14 499,954.97 1,583.33 0.00 2,375.00 791.67 1.83 793.50 3133EK3B0 10/16/2024 200,000.00FFCB 199,141.06 199,170.96 1,125.00 0.00 1,375.00 250.00 29.90 279.90 3130A4CH3 03/14/2025 500,000.00FHLB 528,364.23 527,510.20 5,508.68 5,937.50 560.76 989.58 -854.03 135.55 3136G4H71 08/12/2025 500,000.00FNMA 500,000.00 500,000.00 90.28 0.00 298.61 208.33 0.00 208.33 3137EAEX3 09/23/2025 500,000.00FHLMC 498,191.72 498,238.16 822.92 937.50 41.67 156.25 46.44 202.69 3130AQEC3 12/30/2026 500,000.00FHLB 500,000.00 500,000.00 1,160.69 0.00 1,731.53 570.84 0.00 570.84 U.S. Agencies - Sub Total
3,200,000.00 3,225,326.83 3,224,598.65 14,346.46 6,875.00 11,271.46 3,800.00 -728.18 3,071.82 U.S. Treasuries
912828ZD5 03/15/2023 500,000.00U.S. Treasury 501,921.17 501,764.44 1,153.31 1,250.00 115.49 212.18 -156.73 55.45 91282CAW1 11/15/2023 1,000,000.00U.S. Treasury 999,971.14 999,972.57 732.04 0.00 946.13 214.09 1.43 215.52 91282CBV2 04/15/2024 500,000.00U.S. Treasury 496,722.03 496,852.81 705.70 0.00 865.38 159.68 130.78 290.46 912828YV6 11/30/2024 1,000,000.00U.S. Treasury 1,029,304.52 1,028,401.50 3,750.00 0.00 5,027.47 1,277.47 -903.02 374.45 912828ZT0 05/31/2025 500,000.00U.S. Treasury 492,983.97 493,167.05 312.50 0.00 418.96 106.46 183.08 289.54 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 990,950.87 991,155.49 937.50 0.00 1,256.87 319.37 204.61 523.98 91282CBH3 01/31/2026 500,000.00U.S. Treasury 495,570.98 495,666.79 150.21 0.00 310.77 160.56 95.81 256.37 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,002,085.97 1,002,044.33 1,875.00 0.00 2,513.74 638.74 -41.64 597.10 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 493,464.27 493,585.23 1,826.92 2,187.50 11.95 372.53 120.96 493.49 U.S. Treasuries - Sub Total
6,500,000.00 6,502,974.93 6,502,610.22 11,443.18 3,437.50 11,466.76 3,461.08 -364.71 3,096.37 26,159,476.54Grand Total 26,189,216.15 26,207,511.71 49,553.80 19,963.13 49,471.19 19,880.52 -1,660.36 18,220.16 Run Date: 4/6/2022 - 1:53 PM
Amortizing
25Lynwood Successor Agency - Page 27 of 53
Realized Gains and Losses
City of Lynwood March 01, 2022 - March 31, 2022
Par Value Sale Date Days Held Maturity/Sales RealizedCUSIP Coupon Rate Maturity Date Book Value Proceeds Gain/LossPurchase Date TermIssuer Total 0.00 0.00 0.00 0.00
Grand Total 0.00 0.00 0.00 0.00
Run Date: 4/6/2022 - 1:53 PM
26 Lynwood Successor Agency - Page 28 of 53
Transaction Report
City of Lynwood March 01, 2022 - March 31, 2022
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 03/02/2022 Interest FGTXX GSGF - - 4.49 - -
03/10/2022 Interest 27002YEM4 EGBN 2.6 05/10/22 05/10/2022 - - 494.64 - - 03/11/2022 Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 180.73 - - 03/14/2022 Interest 3130A4CH3 FHLB 2 3/8 03/14/25 03/14/2025 - - 5,937.50 - - 03/14/2022 Interest 32100LCB9 FMOSTB 1.85 09/13/24 09/13/2024 - - 2,275.15 - - 03/15/2022 Interest 912828ZD5 T 0 1/2 03/15/23 03/15/2023 - - 1,250.00 - - 03/18/2022 Interest 59013J5Z8 MERICK 3.35 02/21/23 02/21/2023 - - 637.33 - - 03/21/2022 Interest 30231GBH4 XOM 2.992 03/19/25 03/19/2025 - - 3,740.00 - - 03/23/2022 Interest 3137EAEX3 FHLMC 0 3/8 09/23/25 09/23/2025 - - 937.50 - - 03/25/2022 Interest 05580AXF6 BMW 0 1/2 09/25/25 09/25/2025 - - 614.90 - - 03/28/2022 Interest 29278TLY4 CMS 2 09/27/23 09/27/2023 - - 380.49 - - 03/29/2022 Interest 20033AZK5 ADS 3.3 06/29/23 06/29/2023 - - 650.24 - - 03/30/2022 Interest 949763TF3 WFC 3.3 08/30/23 08/30/2023 - - 672.66 - - 03/31/2022 Interest 91282CCZ2 T 0 7/8 09/30/26 09/30/2026 - - 2,187.50 - - Grand Total: 0.00 0.00 19,963.13 0.00 0.00
Run Date: 4/6/2022 - 1:53 PM
Amortizing
27Lynwood Successor Agency - Page 29 of 53
Quarterly Economic and Market Update
March 2022
Lynwood Successor Agency - Page 30 of 53
Economic and Market Update
*Estimates for the current quarter/month, some data are lagged Sources: FHN Main Street and Bloomberg Case-Shiller Home Prices YOY* 19.1% 18.4% 0.7%
Consumer Confidence 107.2 111.1 (3.9)
Gold (per ounce) $1,937.44 $1,829.20 $108.24
Dollar Index 98.31 95.67 2.64
U.S. Avg Regular Unleaded $4.22 $3.29 $0.93
Retail Sales YOY* 5.6% 16.6% (11.0%)
S&P 500 4,530 4,766 (4.9%)
Consumer Price Index YOY* 8.2% 7.0% 1.2%
1-5 Yr A-AAA Corporate Spread 0.47% 0.34% 0.13%
Dow Jones 34,678 36,338 (4.6%)
30 Year Mortgage Rate 4.90% 3.27% 1.63%
1-5 Yr Agency Spread 0.02% -0.01% 0.03%
10 Year T-Note 2.34% 1.51% 0.83%
U.S. Fed Debt Avg Yield* 1.50% 1.43% 0.07%
3 Year T-Note 2.51% 0.96% 1.56%
5 Year T-Note 2.46% 1.26% 1.20%
2 Year T-Note 2.34% 0.73% 1.60%
3 Month T-Bill 0.50% 0.04% 0.45%
Labor Force Participation 62.4% 61.9% 0.5%
Effective Fed Funds Rate 0.33% 0.07% 0.26%
U.S. Payrolls Monthly Change 431,000 588,000 (157,000)
Unemployment Rate 3.6% 3.9% (0.3%)
3/31/2022
Item 3/31/2022 12/31/2021 Change
2 Lynwood Successor Agency - Page 31 of 53
Economic and Market Update
* Real Rate (Inflation Adjusted)
Source: Bureau of Economic Analysis
Estimate: Bloomberg's Survey of Economists
As of: 3/31/2022
3/31/2022

0.6 3.2

2.9 -1.4

5.2 4.7

1.8 3.3

2.3 1.3

0.6 2.4

1.2 2.4

2.0 1.9

2.3 2.9

3.8 3.1

3.4 1.9

0.9 2.4

3.2 2.8

1.9 -5.1
-31.2

33.8 4.5

6.3 6.7

2.3 6.9

1.5 3.3

3.0 2.5
-45
-35
-25
-15
-5
5 15
25 35
45 Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Q2 2016
Q3 2016
Q4 2016
Q1 2017
Q2 2017
Q3 2017
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Q1 2019
Q2 2019
Q3 2019
Q4 2019
Q1 2020
Q2 2020
Q3 2020
Q4 2020
Q1 2021
Q2 2021
Q3 2021
Q4 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
Percent
U.S. GDP (Quarter over Quarter Annualized)*
Estimates
3 Lynwood Successor Agency - Page 32 of 53
Economic and Market Update
* Real Rate (Inflation Adjusted)
Source: Bureau of Economic Analysis
3/31/2022
Estimate: Bloomberg's Survey of Economists
As of: 3/31/2022

8.7 8.0

4.1 4.7
-0.6

7.1 2.1

2.1 -0.7

6.9 2.6

2.6 6.1

4.4 5.8

6.5 6.6

2.7 4.9

3.1 0.2

3.3 5.3

5.6 -0.5
-0.2

5.4 4.6

5.5 3.2
-0.3

2.5 -1.8

4.6 7.2

4.2 3.5

3.5 4.2

3.7 1.9
-0.1

3.5 2.8

4.0 2.7

3.8 4.4

4.5 4.8

4.1 1.0

1.7 2.8

3.9 3.5

2.8 2.0

0.1 -2.6

2.7 1.5

2.3 1.8

2.3 2.7

1.7 2.3

2.9 2.3
-3.4

5.7 3.5
-10
-9
-8
-7
-6
-5
-4
-3
-2
-1
0 1
2 3
4 5
6 7
8 9
10 1950
1952
1954
1956
1958
1960
1962
1964
1966
1968
1970
1972
1974
1976
1978
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
Percent
U.S. Annual GDP *
1980s 3.2% 1990s 3.2% 2000s 1.9% 2010s 2.3%1960s 4.5% 1970s 3.3%1950s 4.2% 4 Lynwood Successor Agency - Page 33 of 53
Economic and Market Update
Source: Bureau of Labor Statistics
12 Month Average Job Change 541,167
3/31/2022
-22
-20
-18
-16
-14
-12
-10
-8
-6
-4
-2
0 2
4 6
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Millions
U.S. Monthly Non-Farm Payrolls Change
-25.0
-20.0
-15.0
-10.0
-5.0

0.0 5.0

10.0 15.0

20.0 Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Millions
U.S. Monthly Non-Farm Payrolls YOY Change
5 Lynwood Successor Agency - Page 34 of 53
Economic and Market Update
Source: Bureau of Labor Statistics
3/31/2022
0 5
10 15
20 25
30 Sep-17
Nov-17
Jan-18
Mar-18
May-18
Jul-18
Sep-18
Nov-18
Jan-19
Mar-19
May-19
Jul-19
Sep-19
Nov-19
Jan-20
Mar-20
May-20
Jul-20
Sep-20
Nov-20
Jan-21
Mar-21
May-21
Jul-21
Sep-21
Nov-21
Jan-22
Mar-22
Percent
Unemployment Rates
U.S.A Nevada California Idaho Washington Hawaii Oregon Utah 6 Lynwood Successor Agency - Page 35 of 53
Economic and Market Update
Source: Bureau of Labor Statistics
3/31/2022
128
130
132
134
136
138
140
142
144
146
148
150
152
154
Mar-12
Oct-12
May-13
Dec-13
Jul-14
Feb-15
Sep-15
Apr-16
Nov-16
Jun-17
Jan-18
Aug-18
Mar-19
Oct-19
May-20
Dec-20
Jul-21
Feb-22
Millions
U.S. Number of Employed
Full-Time and Part-TIme

60.0 60.5

61.0 61.5

62.0 62.5

63.0 63.5

64.0 Mar-12
Oct-12
May-13
Dec-13
Jul-14
Feb-15
Sep-15
Apr-16
Nov-16
Jun-17
Jan-18
Aug-18
Mar-19
Oct-19
May-20
Dec-20
Jul-21
Feb-22
Percent
U.S. Labor Force Participation Rate
7 Lynwood Successor Agency - Page 36 of 53
Economic and Market Update
Source: Department of Labor and Bloomberg
3/31/2022
Weekly Initial Jobless Claims is the actual number of people who have filed for Unemployment benefits for the first time. The following five eligibility criteria must be met in order to file for unemployment benefits: 1. Meet the requirements of time worked during a 1 year period (full time or not). 2. Become unemployed through no fault of your own (cannot be fired). 3. Must be able to work; no physical or mental holdbacks. 4. Must be available for work. 5. Must be actively seeking work.

0.0 0.5

1.0 1.5

2.0 2.5

3.0 3.5

4.0 4.5

5.0 5.5

6.0 1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Millions
Weekly Initial Jobless Claims
(4 Week Moving Average)
8 Lynwood Successor Agency - Page 37 of 53
Economic and Market Update
*Real: Inflation Adjusted
Source: U.S. Census Bureau Source: Conference Board
3/31/2022
-30
-20
-10
0 10
20 30
40 50
60 Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Percent
U.S. Real* Retail Sales YOY % Change
40 50
60 70
80 90
100
110
120
130
140
Sep-11
Mar-12
Sep-12
Mar-13
Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Mar-22
Index Value
U.S. Consumer Confidence
9 Lynwood Successor Agency - Page 38 of 53
Economic and Market Update
CPIX: Consumer Price Index, excluding food and energy PCEC: Personal Consumption Expenditure Core Source: Bureau of Labor Statistics and Bureau of Economic Analysis 3/31/2022

0.0 1.0

2.0 3.0

4.0 5.0

6.0 7.0

8.0 9.0
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Percent
CPI and CPIX YOY % Change
CPI
CPIX

0.0 1.0

2.0 3.0

4.0 5.0

6.0 7.0
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Percent
PCE and PCEC YOY % Change
PCE
PCEC
10 Lynwood Successor Agency - Page 39 of 53
Economic and Market Update
Sources: New (U.S. Census Bureau),Existing (National Assoc. of Realtors) Source: Case-Shiller Seasonally Adjusted Annual Rate
3/31/2022
0 2
4 6
8 10
12 14
16 18
20 22
Oct-13
Mar-14
Aug-14
Jan-15
Jun-15
Nov-15
Apr-16
Sep-16
Feb-17
Jul-17
Dec-17
May-18
Oct-18
Mar-19
Aug-19
Jan-20
Jun-20
Nov-20
Apr-21
Sep-21
YOY Percent
Case-Shiller 20 City U.S. Home Price Index
YOY % Increase
200
300
400
500
600
700
800
900
1,000
1,100

3.0 3.5

4.0 4.5

5.0 5.5

6.0 6.5

7.0 Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
New-Thousands
Existing-Millions
U.S. New and Existing Home Sales
Existing-Left
New-Right
11 Lynwood Successor Agency - Page 40 of 53
Economic and Market Update
Source: U.S. Treasury
3/31/2022
$12
$13
$14
$15
$16
$17
$18
$19
$20
$21
$22
$23
$24
$25
$26
$27
$28
$29
$30
$31
$32
Mar-12
Sep-12
Mar-13
Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Trillions
U.S. Federal Debt Outstanding

1.3 1.5

1.7 1.9

2.1 2.3

2.5 2.7
Mar-12
Sep-12
Mar-13
Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Percent
U.S. Treasury Interest Bearing Debt Avg Rate
12 Lynwood Successor Agency - Page 41 of 53
Economic and Market Update
Fed Funds Anticipated Rate from the March 17, 2022 FOMC Meeting Source: Bloomberg
3/31/2022

0.00 0.50

1.00 1.50

2.00 2.50

3.00 3.50
Apr-2022
May-2022
Jun-2022
Jul-2022
Aug-2022
Sep-2022
Oct-2022
Nov-2022
Dec-2022
Jan-2023
Feb-2023
Mar-2023
Apr-2023
May-2023
Jun-2023
Jul-2023
Aug-2023
Sep-2023
Oct-2023
Nov-2023
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Apr-2024
May-2024
Jun-2024
Jul-2024
Aug-2024
Sep-2024
Oct-2024
Nov-2024
Dec-2024
Jan-2025
Feb-2025
Mar-2025
Percent
Fed Funds Futures
Fed's Anticipated Rates
Fed Funds Futures
13 Lynwood Successor Agency - Page 42 of 53
Economic and Market Update
Source: Bloomberg
Figures may not total due to rounding
3/31/2022
3Y 2.51 0.96 1.56
30Y 2.45 1.90 0.55
5Y 2.46 1.26 1.20
10Y

0.50 2.34 1.51 0.83
Change12/31/213/31/22
3M
Maturity

1.600.732.342Y

1.220.381.611Y

0.830.191.026M

0.450.04

0.0 0.5

1.0 1.5

2.0 2.5

3.0 3M 6M 1Y 2Y 3Yr 5Y 10Y 30Y
Percent
U.S. Treasury Yield Curve Change
3/31/22
12/31/21
0 20
40 60
80 100
120
140
160
180
3M
6M
1Y
2Y
3Yr
5Y
10Y
30Y
Basis Points
Basis Point Change
14 Lynwood Successor Agency - Page 43 of 53
Economic and Market Update
Source: Bloomberg
3/31/2022

0.00 0.25

0.50 0.75

1.00 1.25

1.50 1.75

2.00 2.25

0.00 0.25

0.50 0.75

1.00 1.25

1.50 1.75

2.00 2.25

2.50 2.75

3.00 3.25
Mar-17
Jun-17
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Percent
U.S. Treasury Yields: 2Y and 5Y
5Y
2Y
15 Lynwood Successor Agency - Page 44 of 53
Economic and Market Update
Source: Bloomberg
3/31/2022
0 1
2 3
4 5
6 7
8 9
10 11
12 13
14 15
16 17
18 19
20 21
Jan-54
Jan-56
Jan-58
Jan-60
Jan-62
Jan-64
Jan-66
Jan-68
Jan-70
Jan-72
Jan-74
Jan-76
Jan-78
Jan-80
Jan-82
Jan-84
Jan-86
Jan-88
Jan-90
Jan-92
Jan-94
Jan-96
Jan-98
Jan-00
Jan-02
Jan-04
Jan-06
Jan-08
Jan-10
Jan-12
Jan-14
Jan-16
Jan-18
Jan-20
Jan-22
Percent
U.S. Treasury Yields 2Yr and 5Yr - Fed Funds Target Rate 5Yr
2Yr
Fed Funds
16 Lynwood Successor Agency - Page 45 of 53
Economic and Market Update
Source: Bloomberg
3/31/2022
Global Treasury Rates
2 Year Yields 5 Year Yields 10 Year Yields
-0.16%
-0.08%
-0.06%
-0.04%
-0.03%

0.21%

0.28%

1.34%

1.81%

2.29%

2.33%
-4.0% -2.0% 0.0% 2.0% 4.0%
Switzlnd
Germany
Portugal
Japan
France
Spain
Italy
England
Australia
Canada
USA

0.03%

0.24%

0.37%

0.57%

0.62%

0.84%

1.18%

1.40%

2.41%

2.46%

2.60%
-4.0% -2.0% 0.0% 2.0% 4.0%
Japan
Switzlnd
Germany
France
Portugal
Spain
Italy
England
Canada
USA
Australia

0.21%

0.55%

0.57%

0.98%

1.35%

1.43%

1.61%

2.04%

2.34%

2.40%

2.84%
-2.0% -1.0% 0.0% 1.0% 2.0% 3.0%
Japan
Germany
Switzlnd
France
Portugal
Spain
England
Italy
USA
Canada
Australia
17 Lynwood Successor Agency - Page 46 of 53
Economic and Market Update
ICE BofAML Index (option adjusted spread vs. Treasury) ICE BofAML Index (option adjusted spread vs. Treasury) 1-5Yr Non-Callable Agency (GVPB) Corporate A-AAA Excluding Yankee (CVAC) Source: ICE BofAML Indices
3/31/2022
Current Spread is 2 Current Spread is 47
-50
0 50
100
150
200
250
300
350
400
450
500
550
600
650
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: 1-5Yr Agency vs Treasury
0 50
100
150
200
250
300
350
400
450
500
550
600
650
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: 1-5Yr A-AAA Corporate vs Treasury
18 Lynwood Successor Agency - Page 47 of 53
Economic and Market Update
*ICE BofAML Index (option adjusted spread vs. Treasury) *ICE BofAML Index (option adjusted spread vs. Treasury) AAA Rated ABS (R0A1) CMO Agency 0-3Yr PAC (CM1P)
Source: ICE BofAML Indices
3/31/2022
Current Spread is 72 Current Spread is 36
0 50
100
150
200
250
300
350
400
450
500
550
600
650
700
750
800
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: AAA Asset Backed vs Treasury
-150
-100
-50
0 50
100
150
200
250
300
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: 0-3Yr Agency CMO vs Treasury
19 Lynwood Successor Agency - Page 48 of 53
Economic and Market Update
Source: Bloomberg
3/31/2022
-10.6 -9.2 -8.8 -7.7 -6.5 -6.5 -6.4 -6.1 -5.8 -5.6 -4.9 -4.9 -4.6 -4.1 -3.8 -3.1 -2.5 -0.2

2.6 5.8

28.6 36.4
(20)
(10)
0 10
20 30
40 Percent
Selected Sector Quarterly Total Returns
20 Lynwood Successor Agency - Page 49 of 53
Economic and Market Update
Source: Bloomberg
3/31/2022
-11.7 -8.9
-4.9 -4.3 -4.0 -3.8 -3.1 -1.7 -1.0 -0.2

0.3 0.9 4.2 4.4 4.7 6.8

13.3 14.2 15.5

21.3 56.0

82.9 (20)
0 20
40 60
80 100
Percent
Selected Sector Year-Over-Year Total Returns
21 Lynwood Successor Agency - Page 50 of 53
Economic and Market Update
Sources: Bloomberg, FHN Main Street
3/31/2022

0.85 1.05

1.25 1.45

1.65 1.85

2.05 2.25

2.45 2.65
12/31/21
1/3/22
1/6/22
1/9/22
1/12/22
1/15/22
1/18/22
1/21/22
1/24/22
1/27/22
1/30/22
2/2/22
2/5/22
2/8/22
2/11/22
2/14/22
2/17/22
2/20/22
2/23/22
2/26/22
3/1/22
3/4/22
3/7/22
3/10/22
3/13/22
3/16/22
3/19/22
3/22/22
3/25/22
3/28/22
3/31/22
Percent
5 Year Treasury Note Yield
Fed Presidents Kashkari,
Daly, and Bullard
Emphasize Need For
Hikes in 2022
Rate Hike and
Inflationary
Pressures Push
Yields Higher
Powell Confirms
March Rate Hike
in Congressional
Testimony
FOMC President Bullard
Says He Favors 100bps of
Hikes by June
Jan Payrolls Beat
Expectations
Fed Hikes
25bps
Fall in Tech Stocks
Spur Flight to
Quality
Commodities Surge
on Russian
Escalation
Strong Q4 GDP
From Inventory
Buildup
Powell Says FOMC
Open to 50bps Hike
in May
Geopolitical Concerns
Mount With
Russia/Ukraine
22 Lynwood Successor Agency - Page 51 of 53
Economic and Market Update
Sources: Bloomberg, FHN Financial, FHN Main Street
3/31/2022
32,000
33,000
34,000
35,000
36,000
37,000
38,000
12/31/21
1/3/22
1/6/22
1/9/22
1/12/22
1/15/22
1/18/22
1/21/22
1/24/22
1/27/22
1/30/22
2/2/22
2/5/22
2/8/22
2/11/22
2/14/22
2/17/22
2/20/22
2/23/22
2/26/22
3/1/22
3/4/22
3/7/22
3/10/22
3/13/22
3/16/22
3/19/22
3/22/22
3/25/22
3/28/22
3/31/22
Dow Jones Industrial Average
Oil Prices Fall, Providing
Relief From Increasing
Energy Prices
Apple Earnings Beat
Expectations, Buoy
Stocks
President Xi Signals
Opposition to War
in Ukraine
FOMC Minutes Show
Fed's Hawkish Stance
Amazon Reports
Strong Earnings
Consumer Sentiment
Drops to Lowest Level
Since 2008
Disappointing
Earnings in Tech
Sector Sparks
Pessimism
Powell Says
Inflation is Too Hot
Gas Hits Avg.
$4/Gallon Nationally;
Highest Since 2008
Russia Attacks
Ukraine
23 Lynwood Successor Agency - Page 52 of 53
Disclosure
This report represents the opinions of FHN Financial Main Street Advisors, LLC and should not be considered predictive of any future market performance. Opinions are subject to change without notice. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered investment advice or a recommendation of any particular security, investment strategy, or investment product.

Although this information has been obtained from sources which we believe to be reliable, we do not guarantee its accuracy, a nd it may be incomplete or condensed.

FHN Financial, through First Horizon Bank or its affiliates, offers investment products and services. Investment products are not FDIC insured, have no bank guarantee, and may lose value.

Source: ICE Data Indices, LLC ("ICE"), is used with permission. ICE, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY SUPPLIER S DISCLAIM ANY AND ALL WARRANTIES

PROVIDERS SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY WITH RESPECT TO THE QUALITY, ADEQUACY, ACCURACY, TIMELINESS OR COM PLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN "AS IS" BASIS AND SUBSCRIBER'S USE IS AT SUBSCRIBER'S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, E NDORSE, OR RECOMMEND FHN FINANCIAL MAIN STREET ADVISORS, LLC, OR ANY OF ITS PRODUCTS OR SERVICES. 24 Lynwood Successor Agency - Page 53 of 53
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

AGENDA
Lynwood Housing Authority

TO BE HELD ON

April 19, 2022

1. CALL TO ORDER

2. CERTIFICATION OF AGENDA POSTING BY SECRETARY

3. ROLL CALL OF MEMBERS
Jorge Casanova, Chair
Jose Luis Solache
, Vice Chair
Oscar Flores, Commissioner
Marisela Santana, Commissioner
Rita Soto, Commissioner

PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)

NON-AGENDA PUBLIC ORAL COMMUNICATIONS

THIS PORTION PROVIDES AN OPPORTUNITY FOR THE PUBLIC TO ADDRESS THE LYNWOOD HOUSING

AUTHORITY ON ITEMS WITHIN THE JURISDICTION OF THE LYNWOOD HOUSING AUTHORITY AND NOT LISTED ON THE AGENDA. IF AN ITEM IS NOT ON THE AGENDA, THERE SHOULD BE NO SUBSTANTIAL

DISCUSSION OF THE ISSUE BY LYNWOOD HOUSING AUTHORITY, BUT LYNWOOD HOUSING AUTHORITY 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).) Lynwood Housing Authority - Page 1 of 5

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.

4. APPROVAL OF THE WARRANT REGISTER-LHA
Comments:

City of Lynwood Housing Authority warrant register dated April 19, 2022 for FY 2021-2022. (FIN)

Recommendation:

Staff respectfully recommends that the Lynwood Housing Authority approve the warrant register dated April 19, 2022 for FY 2021-2022.

ADJOURNMENT
THE LYNWOOD HOUSING AUTHORITY MEETINGS WILL BE POSTED AS NEEDED. THE

NEXT MEETING WILL BE HELD IN THE COUNCIL CHAMBERS OF THE CITY HALL ANNEX, 11350 BULLIS ROAD, CITY OF LYNWOOD, CALIFORNIA.

Lynwood Housing Authority - Page 2 of 5
Agenda Item # 4.

AGENDA STAFF REPORT
DATE:

April 19, 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-LHA
Recommendation:

Staff respectfully recommends that the Lynwood Housing Authority approve the warrant register dated April 19, 2022 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 4 19 2022 LHA
Lynwood Housing Authority - Page 3 of 5
vchlist
04/12/2022
Bank code:

Voucher
10272
9:29:25AM
lhaus2
Date Vendor
4/12/2022 011941 ZIONS BANK DIVISION
1 Vouchers for bank code :
1 Vouchers in this report
lhaus2
Prepaid-Check List
Lynwood Housing Authority
Invoice PO#
--------- -------
10058 02-002585
Description/Account

ADMINISTRATION FEE LHA BONDS
Total:

Bank total:

Total vouchers :

Page: 1
Amount
1,750.00
1,750.00
1,750.00
1,750.00
Page: 1
Lynwood Housing Authority - Page 4 of 5
vchlist
04/13/2022
Bank code:

Voucher
10273
4:36:54PM
lhaus2
Date Vendor
4/19/2022 003547 KANE, BALLMER & BERKMAN
1 Vouchers for bank code :
1 Vouchers in this report
lhaus2
Check List
Lynwood Housing Authority
Invoice PO#
---------
27197 11 -002076
Description/Account

SPECIAL COUNSEL LEGAL
Total:

Bank total:

Total vouchers :

Page: 2
Amount
18,287.50
18,287.50
18,287.50
18,287.50
Page: 2
Lynwood Housing Authority - Page 5 of 5
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

AGENDA
Lynwood Public Financing Authority

TO BE HELD ON

April 19, 2022

1. CALL TO ORDER

2. CERTIFICATION OF AGENDA POSTING BY SECRETARY

3. ROLL CALL OF MEMBERS
Jorge Casanova, President
Jose Luis Solache
, Vice President
Oscar Flores, Member
Marisela Santana, Member
Rita Soto, Member

4. GOVERNMENT CODE SECTION 54954.3
Members of the City Council are also members of Lynwood Public Financing Authority, which is concurrently convening with the City Council this evening and each Council Member is paid an Additional Stipend of $100 for Attending the Lynwood Public Financing Authority Meeting. Further, the Authority is scheduled to meet four (4) timer per year. If additional meetings are required beyond the scheduled four (4) meetings, the City Council will only get paid for the first four(4) meetings.

PUBLIC ORAL COMMUNICATIONS
(Regarding Agenda Items Only)

NON-AGENDA PUBLIC ORAL COMMUNICATIONS
Lynwood Public Financing Authority - Page 1 of 53

THIS PORTION PROVIDES AN OPPORTUNITY FOR THE PUBLIC TO ADDRESS THE LYNWOOD PUBLIC

FINANCING AUTHORITY ON ITEMS WITHIN THE JURISDICTION OF THE

LYNWOOD PUBLIC FINANCING

AUTHORITY
AND NOT LISTED ON THE AGENDA. IF AN ITEM IS NOT ON THE AGENDA, THERE SHOULD BE NO

SUBSTANTIAL DISCUSSION OF THE ISSUE BY

LYNWOOD PUBLIC FINANCING AUTHORITY
, BUT

LYNWOOD

PUBLIC FINANCING AUTHORITY

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).)

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.

5. 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 March 31, 2022.

ADJOURNMENT

THE LYNWOOD PUBLIC FINANCE AUTHORITY MEETINGS WILL BE POSTED AS NEEDED. THE NEXT MEETING WILL BE HELD IN THE COUNCIL CHAMBERS OF CITY HALL ANNEX, 11350 BULLIS ROAD, CITY OF LYNWOOD, CALIFORNIA.

Lynwood Public Financing Authority - Page 2 of 53
Agenda Item # 5.

AGENDA STAFF REPORT
DATE:

April 19, 2022

TO:

Honorable President and Members of the Public Finance Authority

APPROVED BY:

Ernie Hernandez, City Manager

PREPARED BY:

Gabriela Camacho, City Treasurer
Sheila Harding, Deputy City Treasurer

SUBJECT:

TREASURER'S QUARTERLY REPORT
Recommendation:

Background:

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.

Discussion and Analysis:

Lynwood Public Financing Authority - Page 3 of 53 Agenda Item # 2 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 total received from Urban Farming for the 3rd quarter reporting is $86,406.65.

Reports prepared by FTN Main Street Capital Advisors are as follows:

Fiscal Impact:

The action recommended in this report will not have a fiscal impact on the City.

Coordinated With:

FTN Financial Main Street Advisors.

ATTACHMENTS:

Description
QUARTERLY SUMMARY REPORT - MARCH 2022
FHN FINANCIAL REPORT - MARCH 2022
FHN QUARTERLY UPDATE REPORT - MARCH 2022
Lynwood Public Financing Authority - Page 4 of 53 Agenda Item # 2 Schedule of City Cash & Investments: This schedule provides information on the cash and investments managed by the City.

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.

CITY OF LYNWOOD
QUARTERLY INVESTMENT REPORT
March 31, 2022
Lynwood Public Financing Authority - Page 5 of 53 Agenda Item # 2 Quarter Ending Date Interest
Issuer Investment Balance Interest Received Rate
State of California LAIF 9,537,751.55 5,487.56 January 14, 2022 0.23% 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) 2,394 Agencies
LAIF BALANCE BY TYPE AS OF
March 31, 2022
Total $35.9 billion
(chart dollars in millions)
March 31, 2022
CITY OF LYNWOOD
QUARTERLY REPORT
March 31, 2022
LAIF Daily Yield .40% ‐ Quarter to Date 0.28% ‐ Average Days to Maturity 311 LAIF PARTICIPATION AS OF
Mar 2022.xlsLynwood Public Financing Authority - Page 6 of 53 Agenda Item # 2 PAR MARKET BOOK % OF

CITY OF LYNWOOD
QUARTERLY REPORT
March 31, 2022
PORTFOLIO SUMMARY
Mar 2022.xlsLynwood Public Financing Authority - Page 7 of 53 Agenda Item # 2

AVERAGE
MARKET PERCENTAGE (%) DAYS TO

DESCRIPTION VALUE PORTFOLIO MATURITY
INVESTMENTS* 25,697,469.19 100% *
CERTIFICATE OF DEPOSIT/TIME DEPOSIT/
MONEY MARKET/CUSTODY HOLDINGS 7,464,489.16
CHECKING ACCOUNT 50,550,408.56

TOTAL AVERAGES 58,014,897.72 $
TOTAL INVESTMENTS & AVERAGES 83,712,366.91 $
ZtuÜ|xÄt VtÅtv{ÉBf{x|Ät [tÜw|Çz
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
March 31, 2022
MASTER SUMMARY
Mar 2022.xlsLynwood Public Financing Authority - Page 8 of 53 Agenda Item # 2 Jan ‐ Mar Apr ‐ June July ‐ Sept Oct ‐ Dec
Investments Managed by Main Street $25,697,469.19 $29,758,531.25 26,244,509.47 $26,155,452.36 Cash & Investments $58,014,897.72 30,737,800.38 37,237,880.58 $62,899,284.48 Per Treasurer's Reports 83,712,366.91 60,496,331.63$     $63,482,390.05 $89,054,736.84 Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank ‐ General Account* 28,593,915.14$     10,539,605.39$     4,226,679.48$      34,906,841.05$ *Local Agency Investment Fund 9,532,263.99$       5,487.56$               ‐ $                       9,537,751.55$ US Bank ‐ RORF ‐ Successor Agency 4,099,058.85$       1,205,587.74$       103,484.00$         5,201,162.59$ US Bank ‐ Low Mod Housing Trust 19,685,967.27$     ‐ $                         78,351.53$           19,607,615.74$ TOTAL REVENUE & EXPENDITURE 11,750,680.69 $     4,408,515.01$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank ‐ General Account* 34,906,841.05$     19,385,751.89$     18,857,510.33$    35,435,082.61$ *Local Agency Investment Fund 9,537,751.55$       ‐ $                         ‐ $                       9,537,751.55$ US Bank ‐ RORF ‐ Successor Agency 5,201,162.59$       3,340,472.88$      1,860,689.71$ US Bank ‐ Low Mod Housing Trust 19,607,615.74$     4,131,357.00$       14,681,473.76$    9,057,498.98$ TOTAL REVENUE & EXPENDITURE 23,517,108.89 $     36,879,456.97$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank ‐ General Account 35,435,082.61 $     7,258,041.42$       5,349,898.13$      37,343,225.90$ *Local Agency Investment Fund 9,537,751.55$       ‐ $                         9,537,751.55$ US Bank ‐ RORF ‐ Successor Agency 1,860,689.71$       ‐ $                         1,860,689.71$ US Bank ‐ Low Mod Housing Trust 9,057,498.98$       1,026,108.16 8,031,390.82$ TOTAL REVENUE & EXPENDITURE 7,258,041.42$       6,376,006.29 QUARTERLY TOTAL OF DEBITS/CREDITS 42,525,831.00 $     47,663,978.27$ *Most Active Accounts
*Funds transferred from LAIF account to the general account to cover expenditures 2021
Jan‐22
Feb‐22
Mar‐22
CITY OF LYNWOOD
QUARTERLY REPORT
March 31, 2022
MONTHLY BALANCES PER STATEMENT
DEMAND DEPOSIT ACCOUNTS ‐ MOST ACTIVE
BALANCES PER QUARTER
Lynwood Public Financing Authority - Page 9 of 53 Agenda Item # 2 Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 2
Portfolio Summary
City of Lynwood 3/31/2022

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)

0.60%

0.65%

0.70%

0.75%

0.80%

0.85%

0.90%

0.95%

1.00%

1.0%

2.7%

7.7%

12.3%

15.1%

24.8%

36.4%
MMF
CP
CORP
AGY
CD
TSY
LAIF
100%75%50%25%0%

51.4%

10.5%

15.3% 12.3% 10.5%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%

51.5%

2.9%

1.9%

1.0%

39.0%

2.7%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 Lynwood Public Financing Authority - Page 10 of 53 Agenda Item # 2 Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 3
Investment Policy Compliance
City of Lynwood 3/31/2022
Category Book Value % of Portfolio % Allowed by Policy In ComplianceReserved row US Treasuries 6,502,610.22 24.81% 100% Yes
US Federal Agencies 3,224,598.65 12.30% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 9,537,751.55 36.39% 100% Yes
Commercial Paper 699,639.47 2.67% 25% Yes
Money Market Funds 253,724.99 0.97% 20% Yes
Negotiable Certificates of Deposit 3,966,873.71 15.14% 30% Yes Corporate Obligations 2,022,313.13 7.72% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 26,207,511.71 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.50 Less than 3.0 Years Yes
Liquidity 51.44% 30% Under 365 Days Yes
Ratings Yes
3 Lynwood Public Financing Authority - Page 11 of 53 Agenda Item # 2 Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 8
Yield At Cost Per 6-Month Maturity Intervals
City of Lynwood 3/31/2022
Years Yield At Cost % of Portfolio
0 to .5 0.62% 45.72%
.5 to 1.0 1.76% 5.71%

1.0 to 1.5 3.05% 4.74%

1.5 to 2.0 1.18% 5.72%

2.0 to 2.5 1.86% 6.68%

2.5 to 3.0 0.80% 8.66%

3.0 to 3.5 0.55% 6.64%

3.5 to 4.0 0.61% 5.67%

4.0 to 4.5 0.81% 6.66%

4.5 to 5.0 1.27% 3.79%

5.0+ 0.00% 0.00%
Total 0.96% 100.0%

0.62%

1.76%

3.05%

1.18%

1.86%

0.80%

0.55% 0.61%

0.81%

1.27%

5.55.04.54.03.53.02.52.01.51.00.50.0-0.5
-1.0%
-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

3.5%

4.0%
Maturity Intervals
Yield At Cost
Bubble Size = Maturity's % of Portfolio
8 Lynwood Public Financing Authority - Page 12 of 53 Agenda Item # 2 Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 10
Issuer Allocation
City of Lynwood 3/31/2022

0.9%

1.0%

1.3%

1.9%

2.7%

3.8%

3.9%

24.8%

36.4%
Citigroup
Wells Fargo
EnerBank
Goldman Sachs Bank
Comenity Capital Bank
Merrick Bank
Morgan Stanley Bank
Capital One Bank USA
Sallie Mae Bank
UBS Bank USA
Toyota Financial Savings Bank
State Bank of India
Flagstar Bank
First Missouri State Bank
EagleBank
BMW Bank
New York Life
Jackson National Life
MetLife
US Bancorp
Toyota
Goldman Sachs Govt MMF
Exxon Mobil
Royal Bank of Canada
ING US Funding
FHLMC
JPMorgan
FFCB
FNMA
FHLB
U.S. Treasury
LAIF
40%35%30%25%20%15%10%5%0%
10 Lynwood Public Financing Authority - Page 13 of 53 Agenda Item # 2 Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 12
Historical Earnings & Book Return Performance
City of Lynwood 3/31/2022
Fiscal YTD ($K) Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 2020 $65.050 $31.666 $187.208 $249.056 $303.058 $354.899 $410.103 $456.891 $498.400 $552.596 $586.799 $623.500 FY 2021 $35.200 $66.215 $94.922 $120.389 $147.318 $173.870 $199.724 $223.094 $247.869 $271.162 $294.542 $316.873 FY 2022 $18.153 $37.347 $56.010 $82.204 $100.760 $118.668 $142.482 $159.901 $178.121 Fiscal YTD Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Book Return 0.77% 0.78% 0.81% 0.90% 0.89% 0.88% 0.90% 0.90% 0.89% Fiscal Year-To-Date Earnings
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
$0
$100
$200
$300
$400
$500
$600
$700
Thousands
FY 2020
FY 2021
FY 2022
Fiscal Year-To-Date Book Return
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

0.00%

0.25%

0.50%

0.75%

1.00%

1.25%

1.50%
11 Lynwood Public Financing Authority - Page 14 of 53 Agenda Item # 2 Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 13
Historical Yield At Cost vs Benchmark
City of Lynwood 3/31/2022
Month-End Yield At Cost vs Benchmark
Jun-17
Aug-17
Oct-17
Dec-17
Feb-18
Apr-18
Jun-18
Aug-18
Oct-18
Dec-18
Feb-19
Apr-19
Jun-19
Aug-19
Oct-19
Dec-19
Feb-20
Apr-20
Jun-20
Aug-20
Oct-20
Dec-20
Feb-21
Apr-21
Jun-21
Aug-21
Oct-21
Dec-21
Feb-22

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0% Portfolio
Benchmark
Trailing 12 Months: Month End Yield At Cost vs Benchmark Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22

0.0%

0.2%

0.4%

0.6%

0.8%

1.0%

1.2% Portfolio
Benchmark
Benchmark: Custom Benchmark (see disclosure)
12 Lynwood Public Financing Authority - Page 15 of 53 Agenda Item # 2 Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 14
Total Return Performance
City of Lynwood 3/31/2022
*Index: ICE BofA 0-3Yr Treasury Index
**Inception: June 2017
1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception
Portfolio -0.988% -1.783% -2.203% -2.063% 0.901% N/A 1.277% Benchmark -0.948% -1.693% -2.022% -2.041% 0.903% N/A 1.141% Variance -0.040% -0.091% -0.181% -0.022% -0.001% N/A 0.135% 1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception**
-3%
-2%
-2%
-1%
-1%
0%
1%
1%
2%
Portfolio
Benchmark
13 Lynwood Public Financing Authority - Page 16 of 53 Agenda Item # 2 Run Date: 4/6/2022 - 1:52 PM
Amortizing Page 15
Investment Activity
City of Lynwood 3/31/2022
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Positions 38 37 38 40 40 40 41 41 43 43 43 43
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Purchases 1 0 1 5 1 0 1 1 3 0 0 0
Redemptions 1 0 2 1 1 0 0 1 1 0 0 0
Total 2 0 3 6 2 0 1 2 4 0 0 0
Number of Positions at Month End
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 34 35
36 37
38 39
40 41
42 43
44 Positions
Purchases and Redemptions* (Excluding MMF/LGIP)
Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 0 2
4 6
8 10
Number of Transactions
Purchases
Redemptions
*Redemptions include maturities, calls, and sells
14 Lynwood Public Financing Authority - Page 17 of 53 Agenda Item # 2 Portfolio Summary
City of Lynwood March 31, 2022
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 3,968,000.00 3,966,873.71 15.14 2.28 656 3,921,030.02 Commercial Paper 700,000.00 699,639.47 2.67 0.29 59 699,288.63 Corporate Bonds 2,000,000.00 2,022,313.13 7.72 2.52 614 2,012,355.00 LAIF 9,537,751.55 9,537,751.55 36.39 0.36 1 9,537,751.55 Money Market Funds 253,724.99 253,724.99 0.97 0.24 1 253,724.99 U.S. Agencies 3,200,000.00 3,224,598.65 12.30 1.17 1,047 3,103,669.00 U.S. Treasuries 6,500,000.00 6,502,610.22 24.81 0.56 1,088 6,169,650.00 26,207,511.71 100.00 547 25,697,469.18 0.96 26,159,476.54 Investments
March 31 Month Ending Fiscal Year To DateTotal Earnings Current Year 18,220.16 178,120.95
Average Daily Balance 26,196,493.22 26,620,614.49
Book Rate of Return 0.82% 0.89%
Run Date: 4/6/2022 - 1:52 PM
Amortizing
15Lynwood Public Financing Authority - Page 18 of 53 Agenda Item # 2 Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
Certificates of Deposit
27002YEM4 248,000.00EagleBank 05/10/2019 248,000.00 100.24 248,605.96 0.95% NR/NR 0.1105/10/2022 605.96 NR 0.11 388.65 2.60% 248,000.00 0.42%2.600%
33847E2J5 248,000.00Flagstar Bank 06/12/2019 248,000.00 100.38 248,934.20 0.95% NR/NR 0.2006/13/2022 934.20 NR 0.20 1,868.49 2.50% 248,000.00 0.64%2.500% 1404203Z1 248,000.00Capital One Bank USA 08/03/2017 247,417.20 100.43 249,077.84 0.95% NR/NR 0.3408/02/2022 1,117.43 NR 0.33 906.39 2.35% 247,960.40 1.02%2.300% 795450D36 248,000.00Sallie Mae Bank 08/24/2017 247,417.20 100.53 249,310.68 0.95% NR/NR 0.4008/23/2022 1,356.98 NR 0.39 590.78 2.40% 247,953.70 1.02%2.350% 61747MF63 248,000.00Morgan Stanley Bank 01/12/2018 247,417.20 100.74 249,825.85 0.95% NR/NR 0.7801/11/2023 1,917.18 NR 0.76 1,440.44 2.70% 247,908.67 1.70%2.650% 59013J5Z8 248,000.00Merrick Bank 12/19/2018 247,516.40 101.36 251,370.45 0.95% NR/NR 0.9002/21/2023 3,474.15 NR 0.87 318.66 3.41% 247,896.30 1.82%3.350% 20033AZK5 248,000.00Comenity Capital Bank 06/29/2018 247,427.12 101.41 251,496.79 0.95% NR/NR 1.2506/29/2023 3,639.54 NR 1.20 67.27 3.40% 247,857.25 2.15%3.300%
38148PR33 248,000.00Goldman Sachs Bank 07/09/2018 247,432.08 101.38 251,417.41 0.95% NR/NR 1.2707/06/2023 3,561.34 NR 1.22 1,905.86 3.35% 247,856.07 2.19%3.300% 949763TF3 248,000.00Wells Fargo Bank NA 08/31/2018 247,429.60 101.50 251,729.32 0.95% NR/NR 1.4208/30/2023 3,890.91 NR 1.37 44.84 3.35% 247,838.41 2.22%3.300%
29278TLY4 248,000.00EnerBank 09/30/2019 247,523.84 99.60 247,008.04 0.95% NR/NR 1.4909/27/2023 -813.97 NR 1.46 67.95 2.05% 247,822.01 2.27%2.000%
17312Q3B3 248,000.00Citibank 02/28/2019 247,427.12 101.06 250,627.05 0.95% NR/NR 1.9102/27/2024 2,846.16 NR 1.83 672.66 3.05% 247,780.89 2.43%3.000% 32100LCB9 248,000.00First Missouri State Bank 09/13/2019 248,000.00 98.34 243,884.99 0.95% NR/NR 2.4609/13/2024 -4,115.01 NR 2.38 238.83 1.85% 248,000.00 2.55%1.850% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 93.04 230,741.05 0.95% NR/NR 3.4909/25/2025 -17,258.95 NR 3.45 23.78 0.50% 248,000.00 2.60%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 94.01 233,139.12 0.95% NR/NR 4.0804/27/2026 -14,860.88 NR 3.96 1,059.95 1.00% 248,000.00 2.56%1.000% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 93.58 232,067.79 0.95% NR/NR 4.2907/15/2026 -15,932.21 NR 4.18 490.56 0.95% 248,000.00 2.54%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 93.47 231,793.47 0.95% NR/NR 4.3708/11/2026 -16,206.53 NR 4.26 135.55 0.95% 248,000.00 2.53%0.950% 3,963,007.76 3,921,030.02 15.14% 1.80
3,966,873.71 2.28% 3,968,000.00 1.92% 10,220.66 -45,843.70 1.75Total Certificates of Deposit Commercial Paper
Run Date: 4/6/2022 - 1:52 PM
Amortizing
16Lynwood Public Financing Authority - Page 19 of 53 Agenda Item # 2 Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

0.00 NR 0.00 0.00 0.36% 9,537,751.55 0.36%0.360%
9,537,751.55 9,537,751.55 36.39% 0.00
9,537,751.55 0.36% 9,537,751.55 0.36% 0.00 0.00 0.00Total LAIF Money Market Funds
Run Date: 4/6/2022 - 1:52 PM
Amortizing
17Lynwood Public Financing Authority - Page 20 of 53 Agenda Item # 2 Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
Money Market Funds
FGTXX 253,724.99Goldman Sachs Govt MMF 253,724.99 1.00 253,724.99 0.97% Aaa/AAA 0.0004/01/2022

0.00 NR 0.00 28.27 0.24% 253,724.99 0.24%0.241%
253,724.99 253,724.99 0.97% 0.00
253,724.99 0.24% 253,724.99 0.24% 28.27 0.00 0.00Total Money Market Funds U.S. Agencies
3135G0T78 500,000.00FNMA 11/30/2017 497,400.00 100.43 502,160.00 1.91% Aaa/AA+ 0.5210/05/2022 2,435.64 AAA 0.50 4,888.89 2.11% 499,724.36 1.15%2.000% 3133EKTV8 500,000.00FFCB 07/02/2019 499,900.00 99.28 496,375.00 1.91% Aaa/AA+ 2.2507/01/2024 -3,579.97 AAA 2.19 2,375.00 1.90% 499,954.97 2.23%1.900% 3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 97.95 195,904.00 0.76% Aaa/AA+ 2.5510/16/2024 -3,266.96 AAA 2.47 1,375.00 1.67% 199,170.96 2.33%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 99.84 499,215.00 2.01% Aaa/AA+ 2.9603/14/2025 -28,295.20 AAA 2.84 560.76 0.49% 527,510.20 2.43%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 93.59 467,955.00 1.91% Aaa/AA+ 3.3708/12/2025 -32,045.00 AAA 3.32 298.61 0.50% 500,000.00 2.50%0.500% 02/18/2022 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 92.94 464,680.00 1.90% Aaa/AA+ 3.4809/23/2025 -33,558.16 AAA 3.43 41.67 0.48% 498,238.16 2.51%0.375% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 95.48 477,380.00 1.91% Aaa/AA+ 4.7512/30/2026 -22,620.00 AAA 4.27 1,731.53 1.37% 500,000.00 2.38%1.370% 06/30/2022 3,234,505.00 3,103,669.00 12.30% 2.87
3,224,598.65 1.17% 3,200,000.00 2.21% 11,271.46 -120,929.65 2.74Total U.S. Agencies U.S. Treasuries
912828ZD5 500,000.00U.S. Treasury 12/16/2020 504,140.63 98.92 494,610.00 1.91% Aaa/AA+ 0.9603/15/2023 -7,154.44 AAA 0.95 115.49 0.13% 501,764.44 1.64%0.500% 91282CAW1 1,000,000.00U.S. Treasury 07/22/2021 999,960.94 96.95 969,530.00 3.82% Aaa/AA+ 1.6311/15/2023 -30,442.57 AAA 1.61 946.13 0.25% 999,972.57 2.17%0.250% 91282CBV2 500,000.00U.S. Treasury 11/22/2021 496,308.59 96.12 480,605.00 1.90% Aaa/AA+ 2.0404/15/2024 -16,247.81 AAA 2.02 865.38 0.69% 496,852.81 2.33%0.375% 912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 97.50 975,040.00 3.92% Aaa/AA+ 2.6711/30/2024 -53,361.50 AAA 2.59 5,027.47 0.43% 1,028,401.50 2.47%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 93.16 465,820.00 1.88% Aaa/AA+ 3.1705/31/2025 -27,347.05 AAA 3.13 418.96 0.69% 493,167.05 2.51%0.250% Run Date: 4/6/2022 - 1:52 PM
Amortizing
18Lynwood Public Financing Authority - Page 21 of 53 Agenda Item # 2 Holdings Report
City of Lynwood March 31, 2022
Call Date
Maturity Date
Par Value
Settle Date
Book Value
Original Value
Mkt YTM
Mkt Price
Gain/Loss
% of Port
Fitch
Moody/S&P
Eff. Dur.

WAM
Accrued Int.

Market Value
CUSIP Coupon Rate
Issuer
Book Yield
Remaining
U.S. Treasuries
91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 92.56 925,550.00 3.78% Aaa/AA+ 3.6711/30/2025 -65,605.49 AAA 3.61 1,256.87 0.62% 991,155.49 2.51%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 92.26 461,310.00 1.89% Aaa/AA+ 3.8401/31/2026 -34,356.79 AAA 3.78 310.77 0.60% 495,666.79 2.50%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 93.12 931,170.00 3.82% Aaa/AA+ 4.1705/31/2026 -70,874.33 AAA 4.06 2,513.74 0.70% 1,002,044.33 2.50%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 93.20 466,015.00 1.88% Aaa/AA+ 4.5009/30/2026 -27,570.23 AAA 4.38 11.95 1.17% 493,585.23 2.48%0.875% 6,506,953.13 6,169,650.00 24.81% 2.98
6,502,610.22 0.56% 6,500,000.00 2.37% 11,466.76 -332,960.21 2.92Total U.S. Treasuries 26,238,644.85 25,697,469.18 100.00% 1.50
49,471.19 -510,042.53 1.45 1.48% 26,207,511.71 0.96% 26,159,476.54TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 25,746,940.37 Run Date: 4/6/2022 - 1:52 PM
Amortizing
19Lynwood Public Financing Authority - Page 22 of 53 Agenda Item # 2 Maturity Report
City of Lynwood March 31, 2022
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 0.241% 1Goldman Sachs Govt MMF 253,724.99 04/01/2022 1 0.24% 253,724.99 253,724.99 9819499 0.360% 1LAIF 05/18/2020 9,537,751.55 04/01/2022 1 0.36% 9,537,751.55 9,537,751.55 59217GCD9 2.650% 1,610MetLife 11/02/2017 250,008.78 04/08/2022 8 2.46% 250,000.00 250,017.50 4497W1DM5 0.000% 100ING US Funding LLC 12/21/2021 349,950.97 04/21/2022 21 0.24% 350,000.00 349,914.25 27002YEM4 2.600% 1,056EagleBank 05/10/2019 248,000.00 05/10/2022 40 2.60% 248,000.00 248,605.96 33847E2J5 2.500% 1,023Flagstar Bank 06/12/2019 248,000.00 06/13/2022 74 2.50% 248,000.00 248,934.20 46849LSW2 2.500% 1,723Jackson National Life 07/12/2017 249,893.76 06/27/2022 88 2.69% 250,000.00 250,580.00 78015DG61 0.000% 101Royal Bank of Canada, NY 12/20/2021 349,688.50 07/06/2022 97 0.33% 350,000.00 349,374.38 1404203Z1 2.300% 1,701Capital One Bank USA 08/03/2017 247,960.40 08/02/2022 124 2.35% 248,000.00 249,077.84 795450D36 2.350% 1,680Sallie Mae Bank 08/24/2017 247,953.70 08/23/2022 145 2.40% 248,000.00 249,310.68 3135G0T78 2.000% 1,582FNMA 11/30/2017 499,724.36 10/05/2022 188 2.11% 500,000.00 502,160.00 61747MF63 2.650% 1,539Morgan Stanley Bank 01/12/2018 247,908.67 01/11/2023 286 2.70% 248,000.00 249,825.85 59013J5Z8 3.350% 1,198Merrick Bank 12/19/2018 247,896.30 02/21/2023 327 3.41% 248,000.00 251,370.45 912828ZD5 0.500% 470U.S. Treasury 12/16/2020 501,764.44 03/15/2023 349 0.13% 500,000.00 494,610.00 20033AZK5 3.300% 1,371Comenity Capital Bank 06/29/2018 247,857.25 06/29/2023 455 3.40% 248,000.00 251,496.79 38148PR33 3.300% 1,361Goldman Sachs Bank 07/09/2018 247,856.07 07/06/2023 462 3.35% 248,000.00 251,417.41 90331HNV1 3.400% 1,126US Bank 03/01/2019 250,988.28 07/24/2023 480 3.08% 250,000.00 253,457.50 949763TF3 3.300% 1,308Wells Fargo Bank NA 08/31/2018 247,838.41 08/30/2023 517 3.35% 248,000.00 251,729.32 29278TLY4 2.000% 913EnerBank 09/30/2019 247,822.01 09/27/2023 545 2.05% 248,000.00 247,008.04 91282CAW1 0.250% 252U.S. Treasury 07/22/2021 999,972.57 11/15/2023 594 0.25% 1,000,000.00 969,530.00 89236TFS9 3.350% 1,127Toyota Motor Credit 02/28/2019 251,292.41 01/08/2024 648 3.03% 250,000.00 253,702.50 17312Q3B3 3.000% 1,127Citibank 02/28/2019 247,780.89 02/27/2024 698 3.05% 248,000.00 250,627.05 91282CBV2 0.375% 129U.S. Treasury 11/22/2021 496,852.81 04/15/2024 746 0.69% 500,000.00 480,605.00 46625HJX9 3.625% 1,053JPMorgan Chase & Co 05/13/2019 506,398.68 05/13/2024 774 2.97% 500,000.00 510,380.00 3133EKTV8 1.900% 1,003FFCB 07/02/2019 499,954.97 07/01/2024 823 1.90% 500,000.00 496,375.00 32100LCB9 1.850% 930First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 897 1.85% 248,000.00 243,884.99 3133EK3B0 1.500% 896FFCB 10/17/2019 199,170.96 10/16/2024 930 1.67% 200,000.00 195,904.00 912828YV6 1.500% 252U.S. Treasury 07/22/2021 1,028,401.50 11/30/2024 975 0.43% 1,000,000.00 975,040.00 64952WDL4 2.000% 799New York Life 01/22/2020 249,495.90 01/22/2025 1,028 2.08% 250,000.00 242,715.00 3130A4CH3 2.375% 540FHLB 10/07/2020 527,510.20 03/14/2025 1,079 0.49% 500,000.00 499,215.00 30231GBH4 2.992% 647Exxon Mobil 06/22/2020 264,235.31 03/19/2025 1,084 0.99% 250,000.00 251,502.50 912828ZT0 0.250% 275U.S. Treasury 06/29/2021 493,167.05 05/31/2025 1,157 0.69% 500,000.00 465,820.00 3136G4H71 0.500% 590FNMA 08/18/2020 500,000.00 08/12/2025 1,230 0.50% 500,000.00 467,955.00 3137EAEX3 0.375% 527FHLMC 10/20/2020 498,238.16 09/23/2025 1,272 0.48% 500,000.00 464,680.00 05580AXF6 0.500% 552BMW Bank 09/25/2020 248,000.00 09/25/2025 1,274 0.50% 248,000.00 230,741.05 91282CAZ4 0.375% 252U.S. Treasury 07/22/2021 991,155.49 11/30/2025 1,340 0.62% 1,000,000.00 925,550.00 Run Date: 4/6/2022 - 1:52 PM
Amortizing
20Lynwood Public Financing Authority - Page 23 of 53 Agenda Item # 2 Maturity Report
City of Lynwood March 31, 2022
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
91282CBH3 0.375% 399U.S. Treasury 02/25/2021 495,666.79 01/31/2026 1,402 0.60% 500,000.00 461,310.00 856283S98 1.000% 338State Bank of India 04/27/2021 248,000.00 04/27/2026 1,488 1.00% 248,000.00 233,139.12 91282CCF6 0.750% 252U.S. Treasury 07/22/2021 1,002,044.33 05/31/2026 1,522 0.70% 1,000,000.00 931,170.00 89235MLC3 0.950% 259Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 1,567 0.95% 248,000.00 232,067.79 90348JR93 0.950% 232UBS Bank USA 08/11/2021 248,000.00 08/11/2026 1,594 0.95% 248,000.00 231,793.47 91282CCZ2 0.875% 163U.S. Treasury 10/19/2021 493,585.23 09/30/2026 1,644 1.17% 500,000.00 466,015.00 3130AQEC3 1.370% 91FHLB 12/30/2021 500,000.00 12/30/2026 1,735 1.37% 500,000.00 477,380.00 Net Maturities and Averages 26,207,511.71 547 0.96% 25,697,469.18 26,159,476.54 Run Date: 4/6/2022 - 1:52 PM
Amortizing
21Lynwood Public Financing Authority - Page 24 of 53 Agenda Item # 2 Income Earned Summary
City of Lynwood March 31, 2022
Fiscal Year To DateMarch 31 Month End
Interest
Interest Received/Purchased
Plus Accrued Interest at End of Period
Less Accrued Interest at Beginning of Period
Interest Earned During Period
Total Adjustments for Amortization/Accretion
Total Capital Gains or Losses
Total Earnings During Period
19,963.13 210,833.55
49,471.19 49,471.19
-49,553.80 -67,702.76
19,880.52 192,601.98
-1,660.36 -14,481.03

0.00 0.00
18,220.16
178,120.95
Run Date: 4/6/2022 - 1:52 PM
Amortizing
23Lynwood Public Financing Authority - Page 25 of 53 Agenda Item # 2 Income Earned
City of Lynwood March 01, 2022 - March 31, 2022
CUSIP Value
Ending Par
Date
Maturity
Book Value
Beginning
Value
Ending Book
Accrued
Beginning
/Purchased
Int.Received
Accrued
Ending
Issuer Earned
Interest Amortization/
Accretion Earned
Net Income
Certificates of Deposit
27002YEM4 05/10/2022 248,000.00EagleBank 248,000.00 248,000.00 335.65 494.64 388.65 547.64 0.00 547.64 33847E2J5 06/13/2022 248,000.00Flagstar Bank 248,000.00 248,000.00 1,341.92 0.00 1,868.49 526.57 0.00 526.57 1404203Z1 08/02/2022 248,000.00Capital One Bank USA 247,950.50 247,960.40 421.94 0.00 906.39 484.45 9.90 494.35 795450D36 08/23/2022 248,000.00Sallie Mae Bank 247,943.80 247,953.70 95.80 0.00 590.78 494.98 9.90 504.88 61747MF63 01/11/2023 248,000.00Morgan Stanley Bank 247,898.77 247,908.67 882.27 0.00 1,440.44 558.17 9.90 568.07 59013J5Z8 02/21/2023 248,000.00Merrick Bank 247,886.47 247,896.30 250.38 637.33 318.66 705.61 9.83 715.44 20033AZK5 06/29/2023 248,000.00Comenity Capital Bank 247,847.52 247,857.25 22.42 650.24 67.27 695.09 9.73 704.82 38148PR33 07/06/2023 248,000.00Goldman Sachs Bank 247,846.42 247,856.07 1,210.78 0.00 1,905.86 695.08 9.66 704.74 949763TF3 08/30/2023 248,000.00Wells Fargo Bank NA 247,828.72 247,838.41 22.42 672.66 44.84 695.08 9.69 704.77 29278TLY4 09/27/2023 248,000.00EnerBank 247,811.89 247,822.01 27.18 380.49 67.95 421.26 10.12 431.38 17312Q3B3 02/27/2024 248,000.00Citibank 247,771.16 247,780.89 40.77 0.00 672.66 631.89 9.73 641.62 32100LCB9 09/13/2024 248,000.00First Missouri State Bank 248,000.00 248,000.00 2,124.31 2,275.15 238.83 389.67 0.00 389.67 05580AXF6 09/25/2025 248,000.00BMW Bank 248,000.00 248,000.00 533.37 614.90 23.78 105.31 0.00 105.31 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 849.32 0.00 1,059.95 210.63 0.00 210.63 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 290.47 0.00 490.56 200.09 0.00 200.09 90348JR93 08/11/2026 248,000.00UBS Bank USA 248,000.00 248,000.00 116.19 180.73 135.55 200.09 0.00 200.09 Certificates of Deposit - Sub Total 3,968,000.00 3,966,785.25 3,966,873.71 8,565.19 5,906.14 10,220.66 7,561.61 88.46 7,650.07 Commercial Paper
4497W1DM5 04/21/2022 350,000.00ING US Funding LLC 349,878.61 349,950.97 0.00 0.00 0.00 0.00 75.29 75.29 78015DG61 07/06/2022 350,000.00Royal Bank of Canada, NY 349,589.07 349,688.50 0.00 0.00 0.00 0.00 103.71 103.71 Commercial Paper - Sub Total
700,000.00 699,467.68 699,639.47 0.00 0.00 0.00 0.00 179.00 179.00 Corporate Bonds
59217GCD9 04/08/2022 250,000.00MetLife 250,050.19 250,008.78 2,631.60 0.00 3,183.68 552.08 -41.41 510.67 46849LSW2 06/27/2022 250,000.00Jackson National Life 249,853.00 249,893.76 1,111.11 0.00 1,631.94 520.83 40.76 561.59 90331HNV1 07/24/2023 250,000.00US Bank 251,057.23 250,988.28 873.61 0.00 1,581.94 708.33 -68.95 639.38 89236TFS9 01/08/2024 250,000.00Toyota Motor Credit 251,357.23 251,292.41 1,232.99 0.00 1,930.90 697.91 -64.82 633.09 46625HJX9 05/13/2024 500,000.00JPMorgan Chase & Co 506,675.79 506,398.68 5,437.50 0.00 6,947.92 1,510.42 -277.11 1,233.31 64952WDL4 01/22/2025 250,000.00New York Life 249,479.45 249,495.90 541.67 0.00 958.33 416.66 16.45 433.11 30231GBH4 03/19/2025 250,000.00Exxon Mobil 264,675.16 264,235.31 3,366.00 3,740.00 249.33 623.33 -439.86 183.47 Corporate Bonds - Sub Total
2,000,000.00 2,023,148.05 2,022,313.13 15,194.48 3,740.00 16,484.04 5,029.56 -834.92 4,194.64 LAIF
Run Date: 4/6/2022 - 1:53 PM
Amortizing
24Lynwood Public Financing Authority - Page 26 of 53 Agenda Item # 2 Income Earned
City of Lynwood March 01, 2022 - March 31, 2022
CUSIP Value
Ending Par
Date
Maturity
Book Value
Beginning
Value
Ending Book
Accrued
Beginning
/Purchased
Int.Received
Accrued
Ending
Issuer Earned
Interest Amortization/
Accretion Earned
Net Income
LAIF
9819499 04/01/2022 9,537,751.55LAIF 9,537,751.55 9,537,751.55 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total 9,537,751.55 9,537,751.55 9,537,751.55 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 04/01/2022 253,724.99Goldman Sachs Govt MMF 233,761.86 253,724.99 4.49 4.49 28.27 28.27 0.00 28.27 Money Market Funds - Sub Total
253,724.99 233,761.86 253,724.99 4.49 4.49 28.27 28.27 0.00 28.27 U.S. Agencies
3135G0T78 10/05/2022 500,000.00FNMA 499,676.68 499,724.36 4,055.56 0.00 4,888.89 833.33 47.68 881.01 3133EKTV8 07/01/2024 500,000.00FFCB 499,953.14 499,954.97 1,583.33 0.00 2,375.00 791.67 1.83 793.50 3133EK3B0 10/16/2024 200,000.00FFCB 199,141.06 199,170.96 1,125.00 0.00 1,375.00 250.00 29.90 279.90 3130A4CH3 03/14/2025 500,000.00FHLB 528,364.23 527,510.20 5,508.68 5,937.50 560.76 989.58 -854.03 135.55 3136G4H71 08/12/2025 500,000.00FNMA 500,000.00 500,000.00 90.28 0.00 298.61 208.33 0.00 208.33 3137EAEX3 09/23/2025 500,000.00FHLMC 498,191.72 498,238.16 822.92 937.50 41.67 156.25 46.44 202.69 3130AQEC3 12/30/2026 500,000.00FHLB 500,000.00 500,000.00 1,160.69 0.00 1,731.53 570.84 0.00 570.84 U.S. Agencies - Sub Total
3,200,000.00 3,225,326.83 3,224,598.65 14,346.46 6,875.00 11,271.46 3,800.00 -728.18 3,071.82 U.S. Treasuries
912828ZD5 03/15/2023 500,000.00U.S. Treasury 501,921.17 501,764.44 1,153.31 1,250.00 115.49 212.18 -156.73 55.45 91282CAW1 11/15/2023 1,000,000.00U.S. Treasury 999,971.14 999,972.57 732.04 0.00 946.13 214.09 1.43 215.52 91282CBV2 04/15/2024 500,000.00U.S. Treasury 496,722.03 496,852.81 705.70 0.00 865.38 159.68 130.78 290.46 912828YV6 11/30/2024 1,000,000.00U.S. Treasury 1,029,304.52 1,028,401.50 3,750.00 0.00 5,027.47 1,277.47 -903.02 374.45 912828ZT0 05/31/2025 500,000.00U.S. Treasury 492,983.97 493,167.05 312.50 0.00 418.96 106.46 183.08 289.54 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 990,950.87 991,155.49 937.50 0.00 1,256.87 319.37 204.61 523.98 91282CBH3 01/31/2026 500,000.00U.S. Treasury 495,570.98 495,666.79 150.21 0.00 310.77 160.56 95.81 256.37 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,002,085.97 1,002,044.33 1,875.00 0.00 2,513.74 638.74 -41.64 597.10 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 493,464.27 493,585.23 1,826.92 2,187.50 11.95 372.53 120.96 493.49 U.S. Treasuries - Sub Total
6,500,000.00 6,502,974.93 6,502,610.22 11,443.18 3,437.50 11,466.76 3,461.08 -364.71 3,096.37 26,159,476.54Grand Total 26,189,216.15 26,207,511.71 49,553.80 19,963.13 49,471.19 19,880.52 -1,660.36 18,220.16 Run Date: 4/6/2022 - 1:53 PM
Amortizing
25Lynwood Public Financing Authority - Page 27 of 53 Agenda Item # 2 Realized Gains and Losses
City of Lynwood March 01, 2022 - March 31, 2022
Par Value Sale Date Days Held Maturity/Sales RealizedCUSIP Coupon Rate Maturity Date Book Value Proceeds Gain/LossPurchase Date TermIssuer Total 0.00 0.00 0.00 0.00
Grand Total 0.00 0.00 0.00 0.00
Run Date: 4/6/2022 - 1:53 PM
26 Lynwood Public Financing Authority - Page 28 of 53 Agenda Item # 2 Transaction Report
City of Lynwood March 01, 2022 - March 31, 2022
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 03/02/2022 Interest FGTXX GSGF - - 4.49 - -
03/10/2022 Interest 27002YEM4 EGBN 2.6 05/10/22 05/10/2022 - - 494.64 - - 03/11/2022 Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 180.73 - - 03/14/2022 Interest 3130A4CH3 FHLB 2 3/8 03/14/25 03/14/2025 - - 5,937.50 - - 03/14/2022 Interest 32100LCB9 FMOSTB 1.85 09/13/24 09/13/2024 - - 2,275.15 - - 03/15/2022 Interest 912828ZD5 T 0 1/2 03/15/23 03/15/2023 - - 1,250.00 - - 03/18/2022 Interest 59013J5Z8 MERICK 3.35 02/21/23 02/21/2023 - - 637.33 - - 03/21/2022 Interest 30231GBH4 XOM 2.992 03/19/25 03/19/2025 - - 3,740.00 - - 03/23/2022 Interest 3137EAEX3 FHLMC 0 3/8 09/23/25 09/23/2025 - - 937.50 - - 03/25/2022 Interest 05580AXF6 BMW 0 1/2 09/25/25 09/25/2025 - - 614.90 - - 03/28/2022 Interest 29278TLY4 CMS 2 09/27/23 09/27/2023 - - 380.49 - - 03/29/2022 Interest 20033AZK5 ADS 3.3 06/29/23 06/29/2023 - - 650.24 - - 03/30/2022 Interest 949763TF3 WFC 3.3 08/30/23 08/30/2023 - - 672.66 - - 03/31/2022 Interest 91282CCZ2 T 0 7/8 09/30/26 09/30/2026 - - 2,187.50 - - Grand Total: 0.00 0.00 19,963.13 0.00 0.00
Run Date: 4/6/2022 - 1:53 PM
Amortizing
27Lynwood Public Financing Authority - Page 29 of 53 Agenda Item # 2 Quarterly Economic and Market Update
March 2022
Lynwood Public Financing Authority - Page 30 of 53 Agenda Item # 2 Economic and Market Update
*Estimates for the current quarter/month, some data are lagged Sources: FHN Main Street and Bloomberg Case-Shiller Home Prices YOY* 19.1% 18.4% 0.7%
Consumer Confidence 107.2 111.1 (3.9)
Gold (per ounce) $1,937.44 $1,829.20 $108.24
Dollar Index 98.31 95.67 2.64
U.S. Avg Regular Unleaded $4.22 $3.29 $0.93
Retail Sales YOY* 5.6% 16.6% (11.0%)
S&P 500 4,530 4,766 (4.9%)
Consumer Price Index YOY* 8.2% 7.0% 1.2%
1-5 Yr A-AAA Corporate Spread 0.47% 0.34% 0.13%
Dow Jones 34,678 36,338 (4.6%)
30 Year Mortgage Rate 4.90% 3.27% 1.63%
1-5 Yr Agency Spread 0.02% -0.01% 0.03%
10 Year T-Note 2.34% 1.51% 0.83%
U.S. Fed Debt Avg Yield* 1.50% 1.43% 0.07%
3 Year T-Note 2.51% 0.96% 1.56%
5 Year T-Note 2.46% 1.26% 1.20%
2 Year T-Note 2.34% 0.73% 1.60%
3 Month T-Bill 0.50% 0.04% 0.45%
Labor Force Participation 62.4% 61.9% 0.5%
Effective Fed Funds Rate 0.33% 0.07% 0.26%
U.S. Payrolls Monthly Change 431,000 588,000 (157,000)
Unemployment Rate 3.6% 3.9% (0.3%)
3/31/2022
Item 3/31/2022 12/31/2021 Change
2 Lynwood Public Financing Authority - Page 31 of 53 Agenda Item # 2 Economic and Market Update
* Real Rate (Inflation Adjusted)
Source: Bureau of Economic Analysis
Estimate: Bloomberg's Survey of Economists
As of: 3/31/2022
3/31/2022

0.6 3.2

2.9 -1.4

5.2 4.7

1.8 3.3

2.3 1.3

0.6 2.4

1.2 2.4

2.0 1.9

2.3 2.9

3.8 3.1

3.4 1.9

0.9 2.4

3.2 2.8

1.9 -5.1
-31.2

33.8 4.5

6.3 6.7

2.3 6.9

1.5 3.3

3.0 2.5
-45
-35
-25
-15
-5
5 15
25 35
45 Q2 2013
Q3 2013
Q4 2013
Q1 2014
Q2 2014
Q3 2014
Q4 2014
Q1 2015
Q2 2015
Q3 2015
Q4 2015
Q1 2016
Q2 2016
Q3 2016
Q4 2016
Q1 2017
Q2 2017
Q3 2017
Q4 2017
Q1 2018
Q2 2018
Q3 2018
Q4 2018
Q1 2019
Q2 2019
Q3 2019
Q4 2019
Q1 2020
Q2 2020
Q3 2020
Q4 2020
Q1 2021
Q2 2021
Q3 2021
Q4 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
Percent
U.S. GDP (Quarter over Quarter Annualized)*
Estimates
3 Lynwood Public Financing Authority - Page 32 of 53 Agenda Item # 2 Economic and Market Update
* Real Rate (Inflation Adjusted)
Source: Bureau of Economic Analysis
3/31/2022
Estimate: Bloomberg's Survey of Economists
As of: 3/31/2022

8.7 8.0

4.1 4.7
-0.6

7.1 2.1

2.1 -0.7

6.9 2.6

2.6 6.1

4.4 5.8

6.5 6.6

2.7 4.9

3.1 0.2

3.3 5.3

5.6 -0.5
-0.2

5.4 4.6

5.5 3.2
-0.3

2.5 -1.8

4.6 7.2

4.2 3.5

3.5 4.2

3.7 1.9
-0.1

3.5 2.8

4.0 2.7

3.8 4.4

4.5 4.8

4.1 1.0

1.7 2.8

3.9 3.5

2.8 2.0

0.1 -2.6

2.7 1.5

2.3 1.8

2.3 2.7

1.7 2.3

2.9 2.3
-3.4

5.7 3.5
-10
-9
-8
-7
-6
-5
-4
-3
-2
-1
0 1
2 3
4 5
6 7
8 9
10 1950
1952
1954
1956
1958
1960
1962
1964
1966
1968
1970
1972
1974
1976
1978
1980
1982
1984
1986
1988
1990
1992
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
Percent
U.S. Annual GDP *
1980s 3.2% 1990s 3.2% 2000s 1.9% 2010s 2.3%1960s 4.5% 1970s 3.3%1950s 4.2% 4 Lynwood Public Financing Authority - Page 33 of 53 Agenda Item # 2 Economic and Market Update
Source: Bureau of Labor Statistics
12 Month Average Job Change 541,167
3/31/2022
-22
-20
-18
-16
-14
-12
-10
-8
-6
-4
-2
0 2
4 6
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Millions
U.S. Monthly Non-Farm Payrolls Change
-25.0
-20.0
-15.0
-10.0
-5.0

0.0 5.0

10.0 15.0

20.0 Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Millions
U.S. Monthly Non-Farm Payrolls YOY Change
5 Lynwood Public Financing Authority - Page 34 of 53 Agenda Item # 2 Economic and Market Update
Source: Bureau of Labor Statistics
3/31/2022
0 5
10 15
20 25
30 Sep-17
Nov-17
Jan-18
Mar-18
May-18
Jul-18
Sep-18
Nov-18
Jan-19
Mar-19
May-19
Jul-19
Sep-19
Nov-19
Jan-20
Mar-20
May-20
Jul-20
Sep-20
Nov-20
Jan-21
Mar-21
May-21
Jul-21
Sep-21
Nov-21
Jan-22
Mar-22
Percent
Unemployment Rates
U.S.A Nevada California Idaho Washington Hawaii Oregon Utah 6 Lynwood Public Financing Authority - Page 35 of 53 Agenda Item # 2 Economic and Market Update
Source: Bureau of Labor Statistics
3/31/2022
128
130
132
134
136
138
140
142
144
146
148
150
152
154
Mar-12
Oct-12
May-13
Dec-13
Jul-14
Feb-15
Sep-15
Apr-16
Nov-16
Jun-17
Jan-18
Aug-18
Mar-19
Oct-19
May-20
Dec-20
Jul-21
Feb-22
Millions
U.S. Number of Employed
Full-Time and Part-TIme

60.0 60.5

61.0 61.5

62.0 62.5

63.0 63.5

64.0 Mar-12
Oct-12
May-13
Dec-13
Jul-14
Feb-15
Sep-15
Apr-16
Nov-16
Jun-17
Jan-18
Aug-18
Mar-19
Oct-19
May-20
Dec-20
Jul-21
Feb-22
Percent
U.S. Labor Force Participation Rate
7 Lynwood Public Financing Authority - Page 36 of 53 Agenda Item # 2 Economic and Market Update
Source: Department of Labor and Bloomberg
3/31/2022
Weekly Initial Jobless Claims is the actual number of people who have filed for Unemployment benefits for the first time. The following five eligibility criteria must be met in order to file for unemployment benefits: 1. Meet the requirements of time worked during a 1 year period (full time or not). 2. Become unemployed through no fault of your own (cannot be fired). 3. Must be able to work; no physical or mental holdbacks. 4. Must be available for work. 5. Must be actively seeking work.

0.0 0.5

1.0 1.5

2.0 2.5

3.0 3.5

4.0 4.5

5.0 5.5

6.0 1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
Millions
Weekly Initial Jobless Claims
(4 Week Moving Average)
8 Lynwood Public Financing Authority - Page 37 of 53 Agenda Item # 2 Economic and Market Update
*Real: Inflation Adjusted
Source: U.S. Census Bureau Source: Conference Board
3/31/2022
-30
-20
-10
0 10
20 30
40 50
60 Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Percent
U.S. Real* Retail Sales YOY % Change
40 50
60 70
80 90
100
110
120
130
140
Sep-11
Mar-12
Sep-12
Mar-13
Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Mar-22
Index Value
U.S. Consumer Confidence
9 Lynwood Public Financing Authority - Page 38 of 53 Agenda Item # 2 Economic and Market Update
CPIX: Consumer Price Index, excluding food and energy PCEC: Personal Consumption Expenditure Core Source: Bureau of Labor Statistics and Bureau of Economic Analysis 3/31/2022

0.0 1.0

2.0 3.0

4.0 5.0

6.0 7.0

8.0 9.0
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Percent
CPI and CPIX YOY % Change
CPI
CPIX

0.0 1.0

2.0 3.0

4.0 5.0

6.0 7.0
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Percent
PCE and PCEC YOY % Change
PCE
PCEC
10 Lynwood Public Financing Authority - Page 39 of 53 Agenda Item # 2 Economic and Market Update
Sources: New (U.S. Census Bureau),Existing (National Assoc. of Realtors) Source: Case-Shiller Seasonally Adjusted Annual Rate
3/31/2022
0 2
4 6
8 10
12 14
16 18
20 22
Oct-13
Mar-14
Aug-14
Jan-15
Jun-15
Nov-15
Apr-16
Sep-16
Feb-17
Jul-17
Dec-17
May-18
Oct-18
Mar-19
Aug-19
Jan-20
Jun-20
Nov-20
Apr-21
Sep-21
YOY Percent
Case-Shiller 20 City U.S. Home Price Index
YOY % Increase
200
300
400
500
600
700
800
900
1,000
1,100

3.0 3.5

4.0 4.5

5.0 5.5

6.0 6.5

7.0 Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
New-Thousands
Existing-Millions
U.S. New and Existing Home Sales
Existing-Left
New-Right
11 Lynwood Public Financing Authority - Page 40 of 53 Agenda Item # 2 Economic and Market Update
Source: U.S. Treasury
3/31/2022
$12
$13
$14
$15
$16
$17
$18
$19
$20
$21
$22
$23
$24
$25
$26
$27
$28
$29
$30
$31
$32
Mar-12
Sep-12
Mar-13
Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Trillions
U.S. Federal Debt Outstanding

1.3 1.5

1.7 1.9

2.1 2.3

2.5 2.7
Mar-12
Sep-12
Mar-13
Sep-13
Mar-14
Sep-14
Mar-15
Sep-15
Mar-16
Sep-16
Mar-17
Sep-17
Mar-18
Sep-18
Mar-19
Sep-19
Mar-20
Sep-20
Mar-21
Sep-21
Percent
U.S. Treasury Interest Bearing Debt Avg Rate
12 Lynwood Public Financing Authority - Page 41 of 53 Agenda Item # 2 Economic and Market Update
Fed Funds Anticipated Rate from the March 17, 2022 FOMC Meeting Source: Bloomberg
3/31/2022

0.00 0.50

1.00 1.50

2.00 2.50

3.00 3.50
Apr-2022
May-2022
Jun-2022
Jul-2022
Aug-2022
Sep-2022
Oct-2022
Nov-2022
Dec-2022
Jan-2023
Feb-2023
Mar-2023
Apr-2023
May-2023
Jun-2023
Jul-2023
Aug-2023
Sep-2023
Oct-2023
Nov-2023
Dec-2023
Jan-2024
Feb-2024
Mar-2024
Apr-2024
May-2024
Jun-2024
Jul-2024
Aug-2024
Sep-2024
Oct-2024
Nov-2024
Dec-2024
Jan-2025
Feb-2025
Mar-2025
Percent
Fed Funds Futures
Fed's Anticipated Rates
Fed Funds Futures
13 Lynwood Public Financing Authority - Page 42 of 53 Agenda Item # 2 Economic and Market Update
Source: Bloomberg
Figures may not total due to rounding
3/31/2022
3Y 2.51 0.96 1.56
30Y 2.45 1.90 0.55
5Y 2.46 1.26 1.20
10Y

0.50 2.34 1.51 0.83
Change12/31/213/31/22
3M
Maturity

1.600.732.342Y

1.220.381.611Y

0.830.191.026M

0.450.04

0.0 0.5

1.0 1.5

2.0 2.5

3.0 3M 6M 1Y 2Y 3Yr 5Y 10Y 30Y
Percent
U.S. Treasury Yield Curve Change
3/31/22
12/31/21
0 20
40 60
80 100
120
140
160
180
3M
6M
1Y
2Y
3Yr
5Y
10Y
30Y
Basis Points
Basis Point Change
14 Lynwood Public Financing Authority - Page 43 of 53 Agenda Item # 2 Economic and Market Update
Source: Bloomberg
3/31/2022

0.00 0.25

0.50 0.75

1.00 1.25

1.50 1.75

2.00 2.25

0.00 0.25

0.50 0.75

1.00 1.25

1.50 1.75

2.00 2.25

2.50 2.75

3.00 3.25
Mar-17
Jun-17
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Percent
U.S. Treasury Yields: 2Y and 5Y
5Y
2Y
15 Lynwood Public Financing Authority - Page 44 of 53 Agenda Item # 2 Economic and Market Update
Source: Bloomberg
3/31/2022
0 1
2 3
4 5
6 7
8 9
10 11
12 13
14 15
16 17
18 19
20 21
Jan-54
Jan-56
Jan-58
Jan-60
Jan-62
Jan-64
Jan-66
Jan-68
Jan-70
Jan-72
Jan-74
Jan-76
Jan-78
Jan-80
Jan-82
Jan-84
Jan-86
Jan-88
Jan-90
Jan-92
Jan-94
Jan-96
Jan-98
Jan-00
Jan-02
Jan-04
Jan-06
Jan-08
Jan-10
Jan-12
Jan-14
Jan-16
Jan-18
Jan-20
Jan-22
Percent
U.S. Treasury Yields 2Yr and 5Yr - Fed Funds Target Rate 5Yr
2Yr
Fed Funds
16 Lynwood Public Financing Authority - Page 45 of 53 Agenda Item # 2 Economic and Market Update
Source: Bloomberg
3/31/2022
Global Treasury Rates
2 Year Yields 5 Year Yields 10 Year Yields
-0.16%
-0.08%
-0.06%
-0.04%
-0.03%

0.21%

0.28%

1.34%

1.81%

2.29%

2.33%
-4.0% -2.0% 0.0% 2.0% 4.0%
Switzlnd
Germany
Portugal
Japan
France
Spain
Italy
England
Australia
Canada
USA

0.03%

0.24%

0.37%

0.57%

0.62%

0.84%

1.18%

1.40%

2.41%

2.46%

2.60%
-4.0% -2.0% 0.0% 2.0% 4.0%
Japan
Switzlnd
Germany
France
Portugal
Spain
Italy
England
Canada
USA
Australia

0.21%

0.55%

0.57%

0.98%

1.35%

1.43%

1.61%

2.04%

2.34%

2.40%

2.84%
-2.0% -1.0% 0.0% 1.0% 2.0% 3.0%
Japan
Germany
Switzlnd
France
Portugal
Spain
England
Italy
USA
Canada
Australia
17 Lynwood Public Financing Authority - Page 46 of 53 Agenda Item # 2 Economic and Market Update
ICE BofAML Index (option adjusted spread vs. Treasury) ICE BofAML Index (option adjusted spread vs. Treasury) 1-5Yr Non-Callable Agency (GVPB) Corporate A-AAA Excluding Yankee (CVAC) Source: ICE BofAML Indices
3/31/2022
Current Spread is 2 Current Spread is 47
-50
0 50
100
150
200
250
300
350
400
450
500
550
600
650
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: 1-5Yr Agency vs Treasury
0 50
100
150
200
250
300
350
400
450
500
550
600
650
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: 1-5Yr A-AAA Corporate vs Treasury
18 Lynwood Public Financing Authority - Page 47 of 53 Agenda Item # 2 Economic and Market Update
*ICE BofAML Index (option adjusted spread vs. Treasury) *ICE BofAML Index (option adjusted spread vs. Treasury) AAA Rated ABS (R0A1) CMO Agency 0-3Yr PAC (CM1P)
Source: ICE BofAML Indices
3/31/2022
Current Spread is 72 Current Spread is 36
0 50
100
150
200
250
300
350
400
450
500
550
600
650
700
750
800
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: AAA Asset Backed vs Treasury
-150
-100
-50
0 50
100
150
200
250
300
Feb-08
Feb-09
Feb-10
Feb-11
Feb-12
Feb-13
Feb-14
Feb-15
Feb-16
Feb-17
Feb-18
Feb-19
Feb-20
Feb-21
Feb-22
Basis Points
Spread: 0-3Yr Agency CMO vs Treasury
19 Lynwood Public Financing Authority - Page 48 of 53 Agenda Item # 2 Economic and Market Update
Source: Bloomberg
3/31/2022
-10.6 -9.2 -8.8 -7.7 -6.5 -6.5 -6.4 -6.1 -5.8 -5.6 -4.9 -4.9 -4.6 -4.1 -3.8 -3.1 -2.5 -0.2

2.6 5.8

28.6 36.4
(20)
(10)
0 10
20 30
40 Percent
Selected Sector Quarterly Total Returns
20 Lynwood Public Financing Authority - Page 49 of 53 Agenda Item # 2 Economic and Market Update
Source: Bloomberg
3/31/2022
-11.7 -8.9
-4.9 -4.3 -4.0 -3.8 -3.1 -1.7 -1.0 -0.2

0.3 0.9 4.2 4.4 4.7 6.8

13.3 14.2 15.5

21.3 56.0

82.9 (20)
0 20
40 60
80 100
Percent
Selected Sector Year-Over-Year Total Returns
21 Lynwood Public Financing Authority - Page 50 of 53 Agenda Item # 2 Economic and Market Update
Sources: Bloomberg, FHN Main Street
3/31/2022

0.85 1.05

1.25 1.45

1.65 1.85

2.05 2.25

2.45 2.65
12/31/21
1/3/22
1/6/22
1/9/22
1/12/22
1/15/22
1/18/22
1/21/22
1/24/22
1/27/22
1/30/22
2/2/22
2/5/22
2/8/22
2/11/22
2/14/22
2/17/22
2/20/22
2/23/22
2/26/22
3/1/22
3/4/22
3/7/22
3/10/22
3/13/22
3/16/22
3/19/22
3/22/22
3/25/22
3/28/22
3/31/22
Percent
5 Year Treasury Note Yield
Fed Presidents Kashkari,
Daly, and Bullard
Emphasize Need For
Hikes in 2022
Rate Hike and
Inflationary
Pressures Push
Yields Higher
Powell Confirms
March Rate Hike
in Congressional
Testimony
FOMC President Bullard
Says He Favors 100bps of
Hikes by June
Jan Payrolls Beat
Expectations
Fed Hikes
25bps
Fall in Tech Stocks
Spur Flight to
Quality
Commodities Surge
on Russian
Escalation
Strong Q4 GDP
From Inventory
Buildup
Powell Says FOMC
Open to 50bps Hike
in May
Geopolitical Concerns
Mount With
Russia/Ukraine
22 Lynwood Public Financing Authority - Page 51 of 53 Agenda Item # 2 Economic and Market Update
Sources: Bloomberg, FHN Financial, FHN Main Street
3/31/2022
32,000
33,000
34,000
35,000
36,000
37,000
38,000
12/31/21
1/3/22
1/6/22
1/9/22
1/12/22
1/15/22
1/18/22
1/21/22
1/24/22
1/27/22
1/30/22
2/2/22
2/5/22
2/8/22
2/11/22
2/14/22
2/17/22
2/20/22
2/23/22
2/26/22
3/1/22
3/4/22
3/7/22
3/10/22
3/13/22
3/16/22
3/19/22
3/22/22
3/25/22
3/28/22
3/31/22
Dow Jones Industrial Average
Oil Prices Fall, Providing
Relief From Increasing
Energy Prices
Apple Earnings Beat
Expectations, Buoy
Stocks
President Xi Signals
Opposition to War
in Ukraine
FOMC Minutes Show
Fed's Hawkish Stance
Amazon Reports
Strong Earnings
Consumer Sentiment
Drops to Lowest Level
Since 2008
Disappointing
Earnings in Tech
Sector Sparks
Pessimism
Powell Says
Inflation is Too Hot
Gas Hits Avg.
$4/Gallon Nationally;
Highest Since 2008
Russia Attacks
Ukraine
23 Lynwood Public Financing Authority - Page 52 of 53 Agenda Item # 2 Disclosure
This report represents the opinions of FHN Financial Main Street Advisors, LLC and should not be considered predictive of any future market performance. Opinions are subject to change without notice. Forecasts, estimates, and certain information contained herein are based upon proprietary research and should not be considered investment advice or a recommendation of any particular security, investment strategy, or investment product.

Although this information has been obtained from sources which we believe to be reliable, we do not guarantee its accuracy, a nd it may be incomplete or condensed.

FHN Financial, through First Horizon Bank or its affiliates, offers investment products and services. Investment products are not FDIC insured, have no bank guarantee, and may lose value.

Source: ICE Data Indices, LLC ("ICE"), is used with permission. ICE, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY SUPPLIER S DISCLAIM ANY AND ALL WARRANTIES

Lynwood City CouncilApril 19, 2022

Lynwood City Council
April 19, 2022