Agenda — Lynwood City Council, February 20, 2024

1. CALL TO ORDER

2. CERTIFICATION OF AGENDA POSTING BY CITY CLERK

3. ROLL CALL OF COUNCIL MEMBERS

4. PLEDGE OF ALLEGIANCE

5. INVOCATION

6. PRESENTATIONS/PROCLAMATIONS
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
February 20, 2024
COUNCIL CHAMBERS - 11350 BULLIS ROAD. LYNWOOD, CA 90262 Duly Posted 2/15/24 By MQ
6:00 PM

Jose Luis Solache, Mayor
Rita Soto, Mayor Pro Tem
Gabriela Camacho, Council Member
Oscar Flores, Council Member
Juan Munoz- Guevara, Council Member
Update on Law Enforcement Issues
City Council Members Reporting on Meetings Attended (Gov. Code Section 53232.3 (D)).

City Video(s)
City Council Regular Meeting 1

7. COUNCIL RECESS TO:

8. CONSENT CALENDAR

8.1 APPROVAL OF THE WARRANT REGISTER

8.2 TREASURER'S QUARTERLY REPORT

8.3 TREASURER'S STATEMENT OF INVESTMENT POLICY
Lynwood Successor Agency
Lynwood Housing Authority
Lynwood Public Financing Authority

PUBLIC ORAL COMMUNICATIONS

(Regarding Agenda Items Only)

NON-AGENDA PUBLIC ORAL COMMUNICATIONS

THIS PORTION PROVIDES AN OPPORTUNITY FOR THE PUBLIC TO ADDRESS THE

COUNCIL ON ITEMS WITHIN THE JURISDICTION OF THE COUNCIL AND NOT LISTED ON THE AGENDA. IF AN ITEM IS NOT ON THE AGENDA, THERE SHOULD BE NO

SUBSTANTIAL DISCUSSION OF THE ISSUE BY THE COUNCIL, BUT COUNCIL MAY

REFER THE MATTER TO STAFF OR SCHEDULE SUBSTANTIVE DISCUSSION FOR A FUTURE MEETING. (The Ralph M. Brown Act, Government Code Section 54954.2 (a).)

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.

Comments:

City of Lynwood warrant register dated February 20,2024 for FY 2023-2024. (FIN) Recommendation:

Staff respectfully recommends that the City Council of the City of Lynwood approve the warrant register dated February 20 2024 for FY 2023-2024

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 2nd quarter ending December 31, 2023.

Comments:

The investment policies and practices of the City of Lynwood are based on state laws and principles City Council Regular Meeting 2

8.4 BANKING SERVICES SELECTION

8.5 PROJECT ACCEPTANCE FOR THE BULLIS RAIN GARDEN PROJECT - CIP NO. 4011.68.069
of prudent money management. This statement is intended to provide guidelines for the prudent investment of idle and surplus cash, while meeting the short and long-term cash flow demands. It is submitted annually for City review. (CT).

Recommendation:

Staff recommends that the Lynwood City Council adopt the following resolutions entitled: "A

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, APPROVING THE CITIES ANNUAL STATEMENT OF INVESTMENT POLICY."

Comments:

On May 2, 2023, the Finance & Administration Department and the City Treasurer’s Office issued a Request for Proposals (RFP) for banking services from qualified financially secure Federal or State chartered banking institutions that can offer comprehensive banking services at the best value to the City. The deadline to respond to the RFP was July 5, 2023.

On November 21, 2023, the City Council authorized the City Manager or his designee to negotiate banking terms with city staff’s top (two) ranked banking institutions, JPMorgan Chase and BMO (formerly Bank of the West). (FIN)
Recommendation:

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

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING

THE MAYOR TO ENTER INTO AN AGREEMENT WITH JPMORGAN CHASE TO PROVIDE BANKING SERVICES TO THE CITY”.

Comments:

The City of Lynwood requested bids for design upgrades on Bullis Road to mitigate the storm drainage problem from Martin Luther King Junior Boulevard to Platt Avenue. The Bullis Rain Garden Project was awarded to 316 Construction & Engineering Inc. The project has been completed and is ready to be accepted by the City Council (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 BULLIS RAIN GARDEN PROJECT, FY 2022-2023 (CIP 4011.68.069) AS COMPLETE; AUTHORIZING THE FILING OF THE NOTICE OF COMPLETION WITH THE LOS ANGELES COUNTY RECORDER’S OFFICE AND THE RELEASE OF THE City Council Regular Meeting 3

8.6 FIRST AMENDMENT TO THE BOWMAN INFRASTRUCTURE ENGINEERS ON-CALL

PROFESSIONAL ARCHITECTURAL SERVICES AGREEMENT

8.7 APPROVE DMC ENGINEERING TO PROVIDE UTILITY ENGINEERING SERVICES FOR VARIOUS WATER AND SEWER PROJECTS FOR FY 23-24

9. NEW/OLD BUSINESS
5% RETENTION 35 DAYS AFTER THE ACCEPTANCE.”

Comments:

The City of Lynwood released a formal Request for Qualifications for On-Call Professional Engineering Services. On December 19, 2023 City Council awarded nine (9) contracts from various qualified companies to provide general engineering, traffic engineering, utilities engineering and architectural services. After further review, staff is recommending to award Bowman Infrastructure Engineers with On-Call professional architectural services. (PW)

Recommendation:

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

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING

THE FIRST AMENDMENT TO THE ON-CALL SERVICES AGREEMENT WITH

BOWMAN INFRASTRUCTURE ENGINEERS FOR ON CALL PROFESSIONAL ARCHITECTURAL SERVICES; AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENT.”

Comments:

DMc Engineering will provide staffing necessary to manage the City’s Utility Division Capital Improvement Projects (CIP) to serve the City in design, bid preparation, implementation, project management and inspection. (PW) Recommendation:

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

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING DMc ENGINEERING TO PROVIDE UTILITY ENGINEERING SERVICES FOR VARIOUS WATER AND SEWER PROJECTS FOR FY 23-24 IN THE ADDITIONAL AMOUNT OF $50,000 FOR A TOTAL NOT TO EXCEED AMOUNT OF $100,000.”
City Council Regular Meeting 4

9.1 AWARD OF CONTRACT TO CALIFORNIA STREET LIGHTING FOR THE

INSTALLATION OF SIXTEEN NEW LED STREET NAME SIGNS AS PART OF THE ANNUAL STREET NAME SIGN REPLACEMENT PROJECT (CIP NO. 4011.68.137)

10. CITY COUNCIL ORAL AND WRITTEN COMMUNICATION

11. STAFF ORAL COMMENTS

Comments:

On January 3, 2024, the City received one proposal for the installation of sixteen (16) new LED street name signs at four (4) intersections as part of the Annual Street Name Sign Replacement CIP Project. California Street Lighting was the lowest responsible bidder at $28,800.00 for the installation of the sixteen (16) street name signs. Staff is recommending the City Council award a contract to California Street Lighting for street name sign installation. (PW)
Recommendation:

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

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

CONTRACT TO CALIFORNIA STREET LIGHTING FOR THE INSTALLATION OF

SIXTEEN NEW LED STREET NAME SIGNS AT FOUR STREET INTERSECTIONS AS PART OF THE ANNUAL STREET NAME SIGN REPLACEMENT PROJECT (CIP NO. 4011.68.137), AUTHORIZING THE CITY MANAGER TO APPROVE AGREEMENT

AMENDMENTS RELATED TO THE PROJECT AND AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENT.”

ADJOURNMENT

THE NEXT REGULAR MEETING WILL BE HELD ON MARCH 5, 2024 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 5

AGENDA STAFF REPORT

DATE:

February 20, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Ernie Hernandez, City Manager
PREPARED BY:

Harry Wong, Director of Finance & Administration
Mohammad Islam, Accounting Technician
SUBJECT:

APPROVAL OF THE WARRANT REGISTER
2-20-2024-CC - WARRANT
RESOLUTION TEMPLATE-2024.pdf
2-20-2024-WARRANT RUN-CC.pdf
Agenda Item # 8.1.

Recommendation:

Staff respectfully recommends that the City Council of the City of Lynwood approve the warrant register dated February 20 2024 for FY 2023-2024 Background:

N/A
Discussion and Analysis:

N/A
Fiscal Impact:

FY 2023-2024
Coordinated With:

City Manager
City Attorney
ATTACHMENTS:

Description
City Council City Council Regular Meeting 6
RESOLUTION NO. 2024.xxx

Warrant Registers Dated 02-20-2024

PASSED, APPROVED and ADOPTED this 20thday of February 2024.

Jose Luis Solache, Mayor

ATTEST:

__________________________
Maria Quiňonez, Ernie Hernandez,
City Clerk City Manager

APPROVED AS TO FORM: APPROVED AS TO CONTENT:

________
Noel Tapia, Harry Wong,
City Attorney Director of Finance and Administration

7 STATE OF CALIFORNIA )
) §

COUNTY OF LOS ANGELES )

I, Maria Quinonez, 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 meeting held on the 20th day of February 2024.

AYES: COUNCIL MEMBERS CAMACHO, FLORES, MUNOZ-GUEVARA, MAYOR

PRO TEM SOTO AND MAYOR SOLACHE

NOES: NONE

ABSENT: NONE

ABSTAIN: NONE

_____________________ Date: _______________________
Maria Quiňonez,
City Clerk

STATE OF CALIFORNIA )
) §

COUNTY OF LOS ANGELES )

I, Maria Quinonez, 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. 2024.xxx on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 20th day of February 2024.

__________________________ Date: _________________________ Maria Quiňonez,
City Clerk

8 apCkHist
02/13/2024 10:18AM
Bank code: apbank
Void Check# Date Vendor
208826
209188
209762
209808
10/03/2023 013504 MINER, LTD
11/21/2023 014046 MONIQUE DAVIS
02/06/2024 008107 CHICAGO TITLE
02/06/2024 007243 LOS ANGELES COUNTY
4 checks in this report
Void Check Listing
City of Lynwood
ClearNoid Date Invoice
02/06/2024 LOST IN MAIL-209846
02/06/2024 LOST IN MAIL-209845
Inv. Date Amount Paid
09/11/2023 492.58
09/18/2023 100.00
02/08/2024 WRONG INVOICE-209854 01/22/2024 65.00
02/08/2024 WRONG INVOICE-209855 09/11/2023 5,107.52
02/08/2024 23091101239 09/11/2023 4,383.30
02/08/2024 IN240000452 01/04/2024 2,217.08
apbank Total:

Total Checks:

Page:1
Check Total
492.58
100.00

65.00 11,707.90
12,365.48
12,365.48
Page:1
9 vchlist Prepaid-Check List Page: 2
02/12/2024 11 :11 :54AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount --
209836 2/6/2024 013485 GLAZE, MICHAEL R 1000007210 COMMUNITY ACTIVITY EXPENSE 429.98 Total: 429.98
209837 2/6/2024 009298 PRINTING MULTISERVICES, GALAVIZ'S 376 01-001820 SUPPLIES EXPENSE 266.20 378 01-001821 SUPPLIES EXPENSE 1,697.85
Total: 1,964.05
209838 2/6/2024 013288 SPECTRUM 0244895010124 INTERENET SERVICES 219.98 Total: 219.98
209839 2/6/2024 013288 SPECTRUM 0543478011624 INTERENET SERVICES 219.98 Total: 219.98
209840 2/6/2024 013288 SPECTRUM 0603173011524 INTERENET SERVICES 179.98 Total: 179.98
209841 2/6/2024 013288 SPECTRUM 0031912011624 INTERNET SERVICES 150.02 Total: 150.02
209842 2/6/2024 007187 U.S. POSTMASTER 007187-011124 01-001818 MAILING EXPENSE 16,500.00 Total: 16,500.00
209843 2/6/2024 013287 WINSTAR DONUTS 00231043 COMMUNITY ACTIVITY EXPENSE 377.79 Total: 377.79
209844 2/6/2024 013084 LE, JESSICA Ben159066 JESSICA HERRERA: PAYMENT 293.00 Total: 293.00
209845 2/6/2024 014046 DAVIS, MONIQUE 002639-0108 REFUNDABLE DEPOSIT-EVENT 100.00 Total: 100.00
209846 2/6/2024 013504 MINER, LTD 5310617240 06-010013 REPAIRS AND MAINTENANCE 492.58 Total: 492.58
209847 2/12/2024 001987 DISTRICT OF SOUTHERN CALIF., WATER 001987-123123 06-009997 PROF & CONTRACTUAL SERVICES 153,083.70 Total: 153,083.70
Page: 2
10 vchlist Prepaid-Check List Page: 3
02/12/2024 11:11:54AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 209848 2/12/2024 013973 ENTERPRISE FM TRUST FBN4958131 06-010052 PROF & CONTRACTUAL SERVICES 8,297.50 Total: 8,297.50
209849 2/12/2024 000163 SOUTHERN CALIFORNIA EDISON 000163-020824 LIGHT&POWER SERVICE 80,846.38 Total: 80,846.38
209850 2/12/2024 013367 TANNER LLC SIN044804 01-001809 PROF & CONTRACTUAL SERVICES 3,000.00 Total: 3,000.00
209851 2/12/2024 013619 TOYOTA FINANCIAL SERVICES 0017362931-020624 01-001722 AUTO EXPENSE 777.65 Total: 777.65
209852 2/12/2024 012489 TRIPEPI, SMITH AND ASSOCIATES 11130 01-001813 PROF & CONTRACTUAL SERVICES 105.00 11328 01-001813 PROF & CONTRACTUAL SERVICES 562.50
11479 01-001813 PROF & CONTRACTUAL SERVICES 1,432.50
11640 01-001813 PROF & CONTRACTUAL SERVICES 521.25
Total: 2,621.25
209853 2/12/2024 001302 U.S. BANK 001302-011524-BL BANKCARD CHARGES 7,294.76 001302-011524-DW BANKCARD CHARGES 1,376.46
001302-011524-GL BANKCARD CHARGES 726.87
001302-011524-MF BANKCARD CHARGES 73.25
001302-011524-PM BANKCARD CHARGES 80.17
001302-011524-SS BANKCARD CHARGES 348.73
01302-011524-EH BANKCARD CHARGES 819.83
Total: 10,720.07
209854 2/12/2024 008107 CHICAGO TITLE COMPANY FCPF-091240034 7-1 11-002265 PROF & CONTRACTUAL SERVICES 65.00 Total: 65.00
209855 2/12/2024 007243 PUBLIC WORKS , LOS ANGELES COUNTY IN240000452 OPERATING EXPENSE 2,217.08 Total: 2,217.08
209856 2/12/2024 007551 AFSCME DISTRICT COUNCIL 36 Ben158855 FEES FOR SERVICES 1,921.50 Ben159054 FEES FOR SERVICES 1,872.60
Total: 3,794.10
209857 2/12/2024 013747 AMERIFLEX Ben158859 HEALTH FSA PRE-TAX: PAYMENT 1,132.50 --
Page: 3
11 vchlist
02/12/2024
Bank code:

Voucher
209857
209858
209859
209860
11:11:54AM
apbank
Date Vendor
2/12/2024 013747 AMERIFLEX
2/12/2024 013463 CITY EMPLOYEES ASSOCIATES, LLC
Prepaid-Check List
City of Lynwood
Invoice
-
(Continued)
Ben159060
Ben158857
Ben159058
2/12/2024 013730 INSURANCE COMPANY, COLONIAL LIFE Ben158851 Ben158863
Ben159056
Ben159064
2/12/2024 010048 LEGAL SHIELD Ben158861
Ben159062
25 Vouchers for bank code :
25 Vouchers in this report
apbank
Page: 4
PO# Description/Account Amount
HEALTH FSA PRE-TAX: PAYMENT 1,132.50
Total: 2,265.00
MGMT. ASSOCIATION DUES 232.00
MGMT. ASSOCIATION DUES 232.00
Total: 464.00
ACCIDENT PRETAX: PAYMENT 2,443.23
GROUP CRITICAL ILLNESS 28.50
ACCIDENT PRETAX: PAYMENT 2,396.87
GROUP CRITICAL ILLNESS 28.50
Total: 4,897.10
LEGAL SHIELD: PAYMENT 49.84
LEGAL SHIELD: PAYMENT 49.84
Total: 99.68
Bank total: 294,075.87
Total vouchers: 294,075.87
Page: 4
12 vchlist Check List Page: 5
02/13/2024 11:06:13AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 209861 2/20/2024 013797 AIRGAS USA, LLC 9146226035 SUPPLIES EXPENSE 62.62 9146226036 SUPPLIES EXPENSE 49.02
Total: 111.64
209862 2/20/2024 007439 ALL CITY MANAGEMENT SVCS, INC. 90730 11-002279 PROF & CONTRACTUAL SERVICES 14,466.86 Total: 14,466.86
209863 2/20/2024 013497 ALTA LANGUAGE SERVICES, INC IS697299 PROF & CONTRACTUAL SERVICES 55.00 Total: 55.00
209864 2/20/2024 010746 ALVAREZ-GLASMAN & COLVIN 2023-10-20950-ATP 01-001805 LEGAL SERVICES 1,113.00 2023-10-20950-CD 01-001805 LEGAL SERVICES 6,224.71
2023-10-20950-CL 01-001805 LEGAL SERVICES 528.00
2023-10-20950-CM 01-001805 LEGAL SERVICES 6,731.00
2023-10-20950-CO 01-001805 LEGAL SERVICES 5,484.50
2023-10-20951 01-001787 LEGAL SERVICES 4,488.50
2023-10-20952-HR 01-001805 LEGAL SERVICES 2,703.00
2023-10-20952-LIT 01-001805 LEGAL SERVICES 106.00
2023-10-20952-SA 01-001805 LEGAL SERVICES 53.00
Total: 27,431.71
209865 2/20/2024 013738 AMAZON CAPITAL SERVICES INC 1O67-W1T1-14VP 08-005237 SUPPLIES EXPENSE 861.06 Total: 861.06
209866 2/20/2024 002452 AMERICAN LANGUAGE SVCS. 78962 01-001803 PROF & CONTRACTUAL SERVICES 511.90 Total: 511.90
209867 2/20/2024 013522 AMN MANAGEMENT, INC 23 06-010066 PROF & CONTRACTUAL SERVICES 26,040.00 Total: 26,040.00
209868 2/20/2024 004285 AVANT GARDE, INC. 9121 06-009554 PROF & CONTRACTUAL SERVICES 1,450.00 9122 06-009926 PROF & CONTRACTUAL SERVICES 1,200.00
9123 06-009557 PROF & CONTRACTUAL SERVICES 1,200.00
9124 06-010087 PROF & CONTRACTUAL SERVICES 2,247.50
9125 06-008790 PROF & CONTRACTUAL SERVICES 405.00
9126 06-010087 PROF & CONTRACTUAL SERVICES 980.00
Page: 5
13 vchlist Check List Page: 6
02/13/2024 11:06:13AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 209868 2/20/2024 004285 AVANT GARDE, INC. (Continued)
9128 06-010087 PROF & CONTRACTUAL SERVICES 300.00
9129 06-010087 PROF & CONTRACTUAL SERVICES 175.00
9130 06-010087 PROF & CONTRACTUAL SERVICES 250.00
9131 06-010087 PROF & CONTRACTUAL SERVICES 650.00
9132 06-010087 PROF & CONTRACTUAL SERVICES 170.00
9133 06-010087 PROF & CONTRACTUAL SERVICES 250.00
9176 06-010087 PROF & CONTRACTUAL SERVICES 500.00
9179 06-008790 PROF & CONTRACTUAL SERVICES 3,212.00
9180 06-010087 PROF & CONTRACTUAL SERVICES 1,732.50
9181 06-010087 PROF & CONTRACTUAL SERVICES 392.00
9182 06-010087 PROF & CONTRACTUAL SERVICES 300.00
9183 06-010087 PROF & CONTRACTUAL SERVICES 250.00
9184 06-010087 PROF & CONTRACTUAL SERVICES 175.00
9185 06-010087 PROF & CONTRACTUAL SERVICES 325.00
9186 06-010087 PROF & CONTRACTUAL SERVICES 100.00
9188 06-010087 PROF & CONTRACTUAL SERVICES 325.00
9189 06-010087 PROF & CONTRACTUAL SERVICES 500.00
Total: 17,089.00
209869 2/20/2024 004986 BIOMETRICS4ALL, INC COLYN0116 FEES FOR SERVICES 8.25 Total: 8.25
209870 2/20/2024 013589 BNS FLEET SERVICE INC 23376 06-009996 REPAIRS AND MAINTENANCE 30.00 23749 06-009996 REPAIRS AND MAINTENANCE 35.00
23900 06-009996 REPAIRS AND MAINTENANCE 1,379.98
23902 06-009996 REPAIRS AND MAINTENANCE 470.56
24066 06-009996 REPAIRS AND MAINTENANCE 440.96
24078 06-009996 REPAIRS AND MAINTENANCE 1,667.21
24434 06-009996 REPAIRS AND MAINTENANCE 309.71
24438 06-009996 REPAIRS AND MAINTENANCE 308.89
24448 06-009996 REPAIRS AND MAINTENANCE 1,429.98
Total: 6,072.29
209871 2/20/2024 014096 BURGOS, GUADALUPE 002736-0071 REFUNDABLE DEPOSIT-PERMIT 1,500.00 Total: 1,500.00
Page: 6
14 vchlist Check List Page: 7
02/13/2024 11:06:13AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 209872 2/20/2024 006014 CA BLDG.STANDARDS COMMISSION 006014-123123 FEES FOR SERVICES 453.00 Total: 453.00
209873 2/20/2024 013700 CAMPOS, FATIMA 013700-013124 08-005215 PROF & CONTRACTUAL SERVICES 1,032.00 Total: 1,032.00
209874 2/20/2024 000657 CENTURY RADIATORS 0075 06-010032 REPAIRS AND MAINTENANCE 210.00 0079 06-010032 REPAIRS AND MAINTENANCE 103.31
0082 06-010032 REPAIRS AND MAINTENANCE 529.52
0083 06-010032 REPAIRS AND MAINTENANCE 574.65
0084-1 06-010032 REPAIRS AND MAINTENANCE 183.43
0098 06-010032 REPAIRS AND MAINTENANCE 225.61
0100 06-010032 REPAIRS AND MAINTENANCE 97.12
Total : 1,923.64
209875 2/20/2024 002319 CINDY'S JUMPERS 75185 08-005186 COMMUNITY ACTIVITY EXPENSE 520.00 Total: 520.00
209876 2/20/2024 000702 CINTAS DOCUMENT MANAGEMENT 8406608752 05-001968 FEES FOR SERVICES 870.98 9241705900 05-001968 FEES FOR SERVICES 870.98
Total: 1,741.96
209877 2/20/2024 001571 CLINICAL LAB OF SAN BERNARDINO 2400141-L YN01 06-010006 FEES FOR SERVICES 810.00 Total: 810.00
209878 2/20/2024 013555 COLLINS, JORDAN 013555-012724 08-005216 PROF & CONTRACTUAL SERVICES 420.00 Total: 420.00
209879 2/20/2024 010754 COOL IMAGE WATER, DBA/ AMERICAN 2034 02-002671 PROF & CONTRACTUAL SERVICES 31.96 2080 02-002671 PROF & CONTRACTUAL SERVICES 8.25
2103 02-002671 PROF & CONTRACTUAL SERVICES 49.50
2106 02-002671 PROF & CONTRACTUAL SERVICES 24.75
Total: 114.46
209880 2/20/2024 000138 DAILY JOURNAL CORPORATION B3756838-IN PUBLICATION SERVICE FEE 190.00 Total : 190.00
209881 2/20/2024 013520 DESIGN INC., CALIFORNIA LANDSCAPE & 013520-020624-10 06-009484 PROF & CONTRACTUAL SERVICES 323,991.25 --
Page: 7
15 vchlist Check List Page: 8
02/13/2024 11:06:13AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 209881 2/20/2024 013520 013520 DESIGN INC., CALIFORNIA (Continued) Total: 323,991.25 209882 2/20/2024 013739 ENGINEERING SERVICES INC, PTM 013739-020624 06-009817 PROF & CONTRACTUAL SERVICES 37,308.51 013739-020624-4 06-009818 PROF & CONTRACTUAL SERVICES 151,415.47 Total: 188,723.98
209883 2/20/2024 013881 FAGEN FRIEDMAN & FULFROST LLP 218253 05-001967 PROF & CONTRACTUAL SERVICES 11,129.72 Total: 11,129.72
209884 2/20/2024 001393 FERGUSON ENTERPRISES, INC. 3334466 06-010007 SUPPLIES EXPENSE 532.22 Total: 532.22
209885 2/20/2024 013503 FINANCIAL SERVICES LLC, PITNEY 3106500058 FEES FOR SERVICES 865.07 Total: 865.07
209886 2/20/2024 000003 FIRST CHOICE SERVICES 825054 06-009972 OFFICE EXPENSE 84.61 825353 01-001791 OFFICE EXPENSE 210.33
Total: 294.94
209887 2/20/2024 014095 GOMEZ, MIRIAN 002360-0026 REFUNDABLE DEPOSIT-C&D 2,760.00 Total: 2,760.00
209888 2/20/2024 014090 GRINDLINE SKATEPARKS,INC 6259 06-010117 PROF & CONTRACTUAL SERVICES 31,145.45 6271 06-010117 PROF & CONTRACTUAL SERVICES 11,270.00
Total: 42,415.45
209889 2/20/2024 000993 GRM INFORMATION MANAGEMENT 0496229-0496243 01-001801 FEES FOR SERVICES 830.28 Total: 830.28
209890 2/20/2024 007514 HOLIDAYGOO, INC. 20335 COMMUNITY ACTIVITY EXPENSE 1,244.72 Total: 1,244.72
209891 2/20/2024 001681 HUMAN SERVICES ASSOCIATION 123120246 08-005195 PROF & CONTRACTUAL SERVICES 2,837.50 Total: 2,837.50
209892 2/20/2024 013304 JOE A GONSALVES & SON 161345 06-010074 PROF & CONTRACTUAL SERVICES 4,000.00 Total: 4,000.00
Page: 8
16 vchlist Check List Page: 9
02/13/2024 11:06:13AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 209893 2/20/2024 013434 KILEY & ASSOCIATES,LLC 29 01-001808 PROF & CONTRACTUAL SERVICES 5,000.00 Total: 5,000.00
209894 2/20/2024 000001 KING FENCE, INC 49764 06-010099 OPERATING EXPENSE 74.40 49779 06-010019 OPERA TING EXPENSE 65.50
Total: 139.90
209895 2/20/2024 003331 L.A. COUNTY SHERIFF DEPT. 241542EC 01-001794 LAW ENFORCEMENT SERVICES 8,977.11 241738EC 01-001804 LAW ENFORCEMENT SERVICES 1,049,944.77 241739EC 01-001794 LAW ENFORCEMENT SERVICES 22,789.60
241776EC 01-001794 LAW ENFORCEMENT SERVICES 4,053.06
241777EC 01-001794 LAW ENFORCEMENT SERVICES 12,347.68
241856EC 01-001794 LAW ENFORCEMENT SERVICES 9,128.39
Total: 1,107,240.61
209896 2/20/2024 010124 LABORATORIES , INC., AMERICAN 214622 06-009449 FEES FOR SERVICES 5,966.00 Total: 5,966.00
209897 2/20/2024 000866 LEAD TECH ENVIRONMENTAL 5928A 11-002270 FEES FOR SERVICES 465.00 Total: 465.00
209898 2/20/2024 001612 LEAGUE OF CALIFORNIA CITIES INV-11862-K5V5J5 FEES FOR SERVICES 22,130.00 Total: 22,130.00
209899 2/20/2024 001991 LEGISLATIVE ADVOCACY GROUP 5882 01-001814 PROF & CONTRACTUAL SERVICES 5,000.00 5883 01-001814 PROF & CONTRACTUAL SERVICES 5,000.00
Total: 10,000.00
209900 2/20/2024 009041 LOYA, RUUD AND ROMO, ATKINSON, 703098 05-001971 PROF & CONTRACTUAL SERVICES 2,997.00 Total: 2,997.00
209901 2/20/2024 013395 M&C CONSTRUCTION GROUP INC 3019 06-010073 PROF & CONTRACTUAL SERVICES 1,800.00 Total: 1,800.00
209902 2/20/2024 002761 MARCO POWER EQUIPMENT 41212264 06-010012 SUPPLIES EXPENSE 129.51 Total: 129.51
209903 2/20/2024 014071 MCCORMICK AMBULANCE 302243 COMMUNITY ACTIVITY EXPENSE 1,000.00 --
Page: 9
17 vchlist Check List Page: 10
02/13/2024 11:06:13AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 209903 2/20/2024 014071 014071 MCCORMICK AMBULANCE (Continued) Total: 1,000.00 209904 2/20/2024 007308 MEEDER PUBLIC FUNDS 51 PROF & CONTRACTUAL SERVICES 3,000.00 Total: 3,000.00
209905 2/20/2024 005256 MONJARAS & WISMEYER GROUP.INC. 24809 05-001976 PROF & CONTRACTUAL SERVICES 120.00 Total: 120.00
209906 2/20/2024 008782 MSJ ACCESS INC 91071934 08-005238 REPAIRS AND MAINTENANCE 1,008.88 Total: 1,008.88
209907 2/20/2024 007207 MUNI TEMPS 130370 03-000452 PROF & CONTRACTUAL SERVICES 6,320.00 Total: 6,320.00
209908 2/20/2024 009647 MV CHENG & ASSOCIATES, INC. 1/31/2024 02-002675 PROF & CONTRACTUAL SERVICE 35,052.50 Total: 35,052.50
209909 2/20/2024 000475 NATIONWIDE ENVIRONMENTAL SVCS. 33726 06-010021 PROF & CONTRACTUAL SERVICES 55,811.70 33802 06-010048 PROF & CONTRACTUAL SERVICES 56,456.17
Total: 112,267.87
209910 2/20/2024 011922 NORTH STAR LAND CARE 1601-691 06-010046 PROF & CONTRACTUAL SERVICES 13,820.00 Total: 13,820.00
209911 2/20/2024 005562 ORKIN PEST CONTROL 254977088 FEES FOR SERVICES 140.00 Total: 140.00
209912 2/20/2024 013999 PARKER, DAVID EUGENE 013999-013124 08-005220 PROF & CONTRACTUAL SERVICES 160.00 Total: 160.00
209913 2/20/2024 014102 PATEL, SUE 002390-0039 REFUNDABLE DEPOSIT-EVENT 100.00 002390-0040 REFUNDABLE DEPOSIT-EVENT 100.00
002698--0019 REFUND-SERVICE FEE 182.00
002698-0020 REFUND-SERVICE FEE 182.00
Total: 564.00
209914 2/20/2024 014065 PICTURE PLEASE PHOTO BOOTH 0000-790 COMMUNITY ACTIVITY EXPENSE 375.00 Page: 10
18 vchlist Check List Page: 11
02/13/2024 11:06:13AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 209914 2/20/2024 014065 014065 PICTURE PLEASE PHOTO BOOTH (Continued) Total: 375.00 209915 2/20/2024 013970 PINS ADVANTAGE 2742 FEES FOR SERVICES 137.50 Total: 137.50
209916 2/20/2024 005067 ROADLINE 19514 06-009983 SUPPLIES EXPENSE 1,732.85 Total: 1,732.85
209917 2/20/2024 013724 ROBERT D NIEHAUS INC. 9415 06-010069 PROF & CONTRACTUAL SERVICES 6,828.11 Total: 6,828.11
209918 2/20/2024 011595 ROSE EQUIPMENT REPAIR, INC. IN30902 06-010015 REPAIRS AND MAINTENANCE 389.54 Total: 389.54
209919 2/20/2024 008805 RPW SERVICES, INC. 38036 06-010060 OPERATING EXPENSE 1,800.00 Total: 1,800.00
209920 2/20/2024 000075 S & J SUPPLY CO. S100224892.001 06-010024 SUPPLIES EXPENSE 2,722.56 Total: 2,722.56
209921 2/20/2024 008745 SAN FRANCISCO LAUNDRY 63130 UNIFORM EXPENSE 783.47 Total: 783.47
209922 2/20/2024 007205 SANCHEZ AWARDS 2325 01-001796 SUPPLIES EXPENSE 16.53 2352 01-001796 SUPPLIES EXPENSE 220.50
2354 01-001796 SUPPLIES EXPENSE 82.68
2355 SUPPLIES EXPENSE 1,212.75
2356 01-001796 SUPPLIES EXPENSE 288.21
2357 SUPPLIES EXPENSE 441.00
Total: 2,261.67
209923 2/20/2024 006772 SEA CLEAR POOL, INC. 23-3058 06-010049 MAINTENANCE SERVICES 529.11 23-3159 06-010049 MAINTENANCE SERVICES 7,869.19
24-1120 06-010049 MAINTENANCE SERVICES 2,995.00
Total: 11,393.30
209924 2/20/2024 013640 SENIORS & JUNIORS INC 223-1008-RET RETENTION PAYMENT-PROJECT 3,391.13 Page: 11
19 vchlist Check List Page: 12
02/13/2024 11:06:13AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 209924 2/20/2024 013640 013640 SENIORS & JUNIORS INC (Continued) Total: 3,391.13 209925 2/20/2024 007733 SEQUEL CONTRACTORS, INC. 007733-020524-1 06-010126 PROF & CONTRACTUAL SERVICES 303,829.70 Total: 303,829.70
209926 2/20/2024 001572 SESAC 10704162 PROF & CONTRACTUAL SERVICES 1,888.00 Total: 1,888.00
209927 2/20/2024 001272 SJM INDUSTRIAL RADIO 264926 08-005233 SUPPLIES EXPENSE 154.35 Total: 154.35
209928 2/20/2024 008668 SOLACHE, JOSE LUIS 008668-022924 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
209929 2/20/2024 014019 SUBZERO MECHANICAL 32198 REPAIR SERVICES 745.00 Total: 745.00
209930 2/20/2024 002938 TAJ OFFICE SUPPLY 04542 11-002263 OFFICE SUPPLIES 51 .82 04551 11-002263 OFFICE SUPPLIES 523.30
04579 06-009984 OFFICE SUPPLIES 31.93
Total: 607.05
209931 2/20/2024 008811 TARGET SPECIAL TY PRODUCTS I NVP501290621-A 06-010026 OFFICE SUPPLIES 607.68 Total: 607.68
209932 2/20/2024 013701 TAYLOR, LASHONDA 013701-013024 08-005222 PROF & CONTRACTUAL SERVICES 180.00 Total: 180.00
209933 2/20/2024 013180 THE BANK OF NEW YORK MELLON 252-2607969 FEES FOR SERVICES 1,250.00 Total: 1,250.00
209934 2/20/2024 013215 THE HOME DEPOT PRO SUPPLY WORK 787324466 06-010082 SUPPLIES EXPENSE 3,617.10 Total: 3,617.10
209935 2/20/2024 013215 THE HOME DEPOT PRO SUPPLY WORK 782442891 06-009967 SUPPLIES EXPENSE 87.68 783227333 06-010082 SUPPLIES EXPENSE 2,893.68
785029281 06-009967 SUPPLIES EXPENSE 549.69
785049099 06-009967 SUPPLIES EXPENSE 289.83
Page: 12
20 vchlist Check List Page: 13
02/13/2024 11:06:13AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 209935 2/20/2024 013215 THE HOME DEPOT PRO SUPPLY WORK (Continued) 786181024 06-009967 SUPPLIES EXPENSE 170.71
Total: 3,991.59
209936 2/20/2024 013215 THE HOME DEPOT PRO SUPPLY WORK 786209536 08-005194 SUPPLIES EXPENSE 422.48 786676932 06-009967 SUPPLIES EXPENSE 136.15
787624808 06-009967 SUPPLIES EXPENSE 462.59
Total: 1,021.22
209937 2/20/2024 004179 TIERRA WEST ADVISORS, LLC LY-1123C 11-002287 PROF & CONTRACTUAL SERVICES 5,775.00 Total: 5,775.00
209938 2/20/2024 003313 TRANSPORTATION , LOS ANGELES 6020224 OPERATING EXPENSE 100.00 Total: 100.00
209939 2/20/2024 012294 TRANSTECH ENGINEERS, INC. 20234833 06-010090 PROF & CONTRACTUAL SERVICES 26,270.00 20235654 06-010090 PROF & CONTRACTUAL SERVICES 21,442.00 Total: 47,712.00
209940 2/20/2024 013487 TRUSAIC CINV-033789 05-001965 PROF & CONTRACTUAL SERVICES 530.45 Total: 530.45
209941 2/20/2024 013179 U.S. BANK 7135743 FEES FOR SERVICES 1,750.00 7167257 FEES FOR SERVICES 1,425.00
7201566 FEES FOR SERVICES 1,250.00
Total: 4,425.00
209942 2/20/2024 007742 ULINE, INC. 173583949 06-009986 SUPPLIES EXPENSE 416.56 Total: 416.56
209943 2/20/2024 000166 UNDERGROUND SERVICE ALERT/SC 120240420 06-010028 PROF & CONTRACTUAL SERVICES 295.25 23-2424323 06-010028 PROF & CONTRACTUAL SERVICES 104.91 Total: 400.16
209944 2/20/2024 009742 UNI FIRST CORPORATION 2190116634 06-010029 UNIFORM SERVICE AND SUPPLIES 81.76 2190116635 06-010029 UNIFORM SERVICE AND SUPPLIES 68.24 2190116636 06-010029 UNIFORM SERVICE AND SUPPLIES 121.05 2190116637 06-010029 UNIFORM SERVICE AND SUPPLIES 104.07 Page: 13
21 vchlist Check List Page: 14
02/13/2024 11:06:13AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 209944 2/20/2024 009742 UNIFIRST CORPORATION (Continued) 2190116638 06-010029 UNIFORM SERVICE AND SUPPLIES 110.46 2190120023 06-010029 UNIFORM SERVICE AND SUPPLIES 81.76 2190120024 06-010029 UNIFORM SERVICE AND SUPPLIES 68.24 2190120025 06-010029 UNIFORM SERVICE AND SUPPLIES 264.70 2190120026 06-010029 UNIFORM SERVICE AND SUPPLIES 254.16 2190120027 06-010029 UNIFORM SERVICE AND SUPPLIES 110.46 2190123886 06-010029 UNIFORM SERVICE AND SUPPLIES 95.71 2190123887 06-010029 UNIFORM SERVICE AND SUPPLIES 68.24 2190123888 06-010029 UNIFORM SERVICE AND SUPPLIES 115.56 2190123889 06-010029 UNIFORM SERVICE AND SUPPLIES 99.85 2190123890 06-010029 UNIFORM SERVICE AND SUPPLIES 110.46 Total: 1,754.72
209945 2/20/2024 000461 UNITED RENTALS, INC. 228112418-001 08-005207 COMMUNITY ACTIVITY EXPENSE 2,001.21 Total: 2,001.21
209946 2/20/2024 014061 VCA ANIMAL HOSPITALS INC 5869701193 11-002298 ANIMAL SERVICE EXPENSE 200.00 Total: 200.00
209947 2/20/2024 002912 WATERLINE TECHNOLOGIES.INC 5668741 06-010016 OPERATING SUPPLIES 944.62 5668743 06-010016 OPERATING SUPPLIES 455.44
5669303 06-010016 OPERATING SUPPLIES 894.02
5669310 06-010016 OPERATING SUPPLIES 387.97
5670196 06-010016 OPERATING SUPPLIES 438.57
5670199 06-010016 OPERATING SUPPLIES 964.86
Total: 4,085.48
209948 2/20/2024 014001 WATERWORKFORCE,INC 1110 06-010102 PROF & CONTRACTUAL SERVICES 13,788.19 1124 06-010102 PROF & CONTRACTUAL SERVICES 1,779.00
Total: 15,567.19
209949 2/20/2024 009100 WATERWORKS TECHNOLOGY.INC. 7052 06-010065 PROF & CONTRACTUAL SERVICES 34,700.00 Total: 34,700.00
209950 2/20/2024 000040 WAXIE SANITARY SUPPLY 82256462 06-009987 SUPPLIES EXPENSE 1,775.28 82257291 06-009987 SUPPLIES EXPENSE 26.40
Page: 14
22 vchlist
02/13/2024 11:06:13AM
Bank code:

Voucher
209950
209951
209952
209953
apbank
Date Vendor
2/20/2024 000040 000040 WAXIE SANITARY SUPPLY
2/20/2024 000102 WHITE CAP, HD SUPPLY CONST.&
2/20/2024 007609 WILLDAN FINANCIAL SERVICES
2/20/2024 012137 XIO INC.
93 Vouchers for bank code : apbank
Check List
City of Lynwood
Invoice
(Continued)
10019392271
50025178814
010-55515
010-55518
010-57305
2022-12779
PO#
06-010083
06-010083
02-002678
02-002678
06-010031
Description/Account
Total:

SUPPLIES EXPENSE

SUPPLIES EXPENSE
Total:

PROF & CONTRACTUAL SERVICES

PROF & CONTRACTUAL SERVICES
Total:

Bank total:

Page: 15
Amount
1,801.68
122.33
467.83
590.16
2,455.00
4,550.00
6,450.00
13,455.00
760.00
760.00
2,494,780.60
Page: 15
23 AGENDA STAFF REPORT

DATE:

February 20, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Ernie Hernandez, City Manager
PREPARED BY:

Luis Cuellar, City Treasurer
Sheila Harding, Deputy City Treasurer
SUBJECT:

TREASURER'S QUARTERLY REPORT
Agenda Item # 8.2.

Recommendation:

Background:

Due to the crises caused by the Orange County Investment Pool, the State Legislature in 1995 enacted 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 City Council City Council Regular Meeting 24
SUMMARY REPORT - Dec. 2023.pdf
FHN - SUMMARY PORTFOLIO REPORT - OCT. 2023.pdf
FHN - SUMMARY PORTFOLIO REPORT - NOV. 2023.pdf
MEEDER SUMMARY PORTFOLIO REPORT - DEC 2023.pdf
increase and when the interest rates increase, the market value of the securities will likely decrease, the City's practice is to buy and hold investments until maturity so changes in the market price do not affect the City's investment principal.

Short-term excess cash is primarily invested in the Local Agency Investment Fund (LAIF) administered by the State Treasurer. LAIF is a high quality investment available in terms of safety, liquidity and yield. The City's cash and investment portfolio is sufficiently liquid to meet expected expenditures for the coming six months.

The majority of property tax revenues are received from the County in December and April and a portion of the revenue received is invested in LAIF and can be withdrawn at any time.

There are three petty cash funds totaling $3,300; City Manager's Office $2,000, Finance Department $1,000 and City Treasurer's Office $300.

There are two change funds totaling $640.00; Water Billing $600 and Recreation $40.

The total received from Urban Farming for the quarter is $14,812.

The market valuation is provided by FHN Main Street Capital Advisors/Meeder Public Fund and all of the investments are in compliance with California Government Code Sections 53600 et seq. and the City's Investment Policy.

Fiscal Impact:

There is no fiscal impact
Coordinated With:

FHN Financial Main Street Advisors/Meeder Public Fund
ATTACHMENTS:

Description
City Council City Council Regular Meeting 25
Schedule of City Cash & Investments: This schedule provides information on the cash and investments managed by the City.

Quarterly Interest Credit
Money Market/Custody Holdings Balance Interest F/Y to Date JP Morgan Chase - Section 108 MMA 127,808.04$ 674.07$ 1,323.14$ JP Morgan Chase - Money Market Account 1,920,049.39$ 10,126.60$ 19,877.58$ JP Morgan Chase - Parking Enforcement 6,824,679.79$ 35,710.19$ 69,172.91$ US Bank - City of Lynwood 4,541.49$ 0.52$ 1.04$ Total 8,877,078.71$ 46,511.38$ 90,374.67$ Demand Deposits
General Account 32,131,315.39$
US Bank - Economic Development 13,616.17$
US Bank - Housing Authority A 82,821.59$
US Bank - Housing Authority B 18,000.09$
US Bank - City HCDA 150,518.11$
US Bank - City Home Program 1,020,153.96$
US Bank - Taxable Tabs 2,611,325.52$
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 5,993,945.85$
US Bank - Low Mod Housing Trst Fnd/Rogel 4,814,995.60$
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 47,410,575.03$
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
December 1, 2023
26 PAR MARKET BOOK % OF

INVESTMENTS VALUE VALUE VALUE PORTFOLIO
*Money Market Funds 199,587.60$ 199,587.60$ 199,587.60$ 0.53% LAIF 9,875,316.10$ 9,875,316.10$ 9,875,316.10$ 26.35% Corporate Notes 3,750,000.00$ 3,690,592.50$ 3,737,221.28$ 9.97% Commercial Paper -$ -$ -$ 0.00% Federal Agency 12,440,000.00$ 12,267,866.40$ 12,398,334.76$ 33.08% Treasury Coupon Securities 5,630,000.00$ 5,337,313.20$ 5,615,441.42$ 14.98% CD-FDIC 5,661,000.00$ 5,446,907.01$ 5,657,888.09$ 15.09% TOTAL 37,555,903.70$ 36,817,582.81$ 37,483,789.25$ 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.

Interest Credit
Time Deposit/MM/Certificate of Deposit Balance Maturity Date F/Y to Date JP Morgan Chase (Section 108) 127,808.04$ N/A 1,323.14$ JP Morgan Chase - Money Market Account 1,920,049.39$ N/A 19,877.58$ JP Morgan Chase - Parking Enforcement 6,824,679.79$ N/A 69,172.91$ US Bank - City of Lynwood 4,541.49$ N/A 1.04$ TOTAL 8,877,078.71$ 90,374.67$
Corporate Checking Accounts Balance
General Account 32,131,315.39$
US Bank - City HCDA 150,518.11$
US Bank - City Home Program 1,020,153.96$
US Bank - Economic Development 13,616.17$
US Bank - Housing Authority A 82,821.59$
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 5,993,945.85$
US Bank - Low Mod Housing Trst Fnd/Rogel 4,814,995.60$
US Bank - Taxable Tabs Housing Proj. 2,611,325.52$
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 47,410,575.03$

CITY OF LYNWOOD

QUARTERLY REPORT
December 1, 2023

PORTFOLIO SUMMARY
Dec. 2023
27 AVERAGE
MARKET PERCENTAGE (%) DAYS TO

DESCRIPTION VALUE PORTFOLIO MATURITY
INVESTMENTS* 36,817,582.81$ 100% *
MONEY MARKET/CUSTODY HOLDINGS 8,877,078.71$
DEMAND DEPOSIT ACCOUNTS 47,410,575.03$

TOTAL AVERAGES 56,287,653.74$
TOTAL INVESTMENTS & AVERAGES 93,105,236.55$
Luis Cuellar/Sheila Harding
Luis Cuellar/Sheila Harding I certify that this report accurately reflects all pooled City Treasurer/Deputy City 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
December 1, 2023

MASTER SUMMARY
Dec. 2023
28 OCTOBER NOVEMBER DECEMBER
Market Value $36,216,543 $36,517,681 $36,817,583
Book Value $37,389,578 $37,445,016 $37,483,789
Variance ($1,173,035) ($927,335) ($666,206)
Par Value $37,461,971 $37,518,487 $37,555,904
Net Asset Value $96.86 $97.52 97.52$
Book Yield 3.05% 3.22% 3.22%
Market Yield 4.96% 4.76% 4.76%
Years to Maturity 1.7 1.75 1.75
Effective Duration 1.45 1.47 1.47

OCTOBER NOVEMBER DECEMBER
Total Earnings Per Month 67,717.50$ $66,615 61,701.84$ F/Y Earnings to Date 344,654.21$ 411,269.67$ 188,680.93$ Average Daily Balance 37,346,878.81$ 37,411,305.98$ 37,253,532.56$ F/Y Average Daily Balance 37,190,184.99$ 37,234,409.19$ 37,137,953.72$ Book Rate of Return 2.13% 2.17% 2.02%
F/Y Book Rate of Return 2.75% 2.64% 2.02%

OCTOBER NOVEMBER DECEMBER
CD-FDIC 5,118,073.32$ 5,118,073.32$ 5,118,073.32$ Commercial Paper -$ -$ -$ Corporate Bonds 3,612,352.50$ 3,612,352.50$ 3,612,352.50$ LAIF 9,787,060.32$ 9,787,060.32$ 9,787,060.32$
Money Market Funds 441,910.51$ 441,910.51$ 441,910.51$ U.S. Agencies 11,036,724.60$ 11,036,724.60$ 11,036,724.60$ U.S. Treasuries 6,220,421.40$ 6,220,421.40$ 6,220,421.40$ TOTAL 36,216,542.65$ 36,216,542.65$ 36,216,542.65$
 Market Value - refers to the current price of an asset  Book Value - the original cost of an asset minus accumulated depreciation.  Variance - measure of volatility
 Par Value - stated value or face value of a financial instrument.  Net Asset Value - measures the value of a fund's assets, minus its liabilities.  Years to Maturity (YTM) - an estimate of the total rate of return anticipated to be earned by an investor who buys a bond at a given market price.
 Effective Duration - is a duration calculation for bonds that have embedded options. This measure of duration takes into account the fact that expected cash flows will fluctuate as interest rates change.
 Book Rate of Return - a measure of profitability to be compared to the required return

MARKET VALUE

INVESTMENTS SUMMARY

PORTFOLIO SUMMARY

AT A GLANCE

ACCOUNT SUMMARY
JUL - SEPT 2023
29 Quarter Ending Interest
Issuer Investment Balance Interest Rate
State of California LAIF 9,875,316.10$ 99,208.95 31-Dec-23 4.00% *As of January 12, 2024
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)

MONEY POOLED INVESTMENT ACCOUNT
(chart dollars in millions)

CITY OF LYNWOOD

QUARTERLY REPORT
December 1, 2023
LAIF Daily Yield 3.98% - Quarter to Date 3.80% - Average Days to Maturity 232 Total $158.0 Billion

MONTHLY PORTFOLIO COMPOSITION

0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

60.00%

70.00%
Agencies Certificate of
Deposits
Time Deposits Commercial
Paper
Corporate
Bonds
Loans Treasuries
Chart Title
Dec. 2023
30 Jan - Mar Apr - June July - Sept Oct - Dec
Investments Managed by Main Street $35,917,091.17 $35,892,711.43 36,098,465.71 $36,817,582.81 Demand Deposits/MM//Custody $64,844,352.81 $73,461,151.24 60,560,726.69 $56,287,653.74 Per Treasurer's Reports 100,761,443.98 $109,353,862.67 96,659,192.40 $93,105,236.55 Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account* 34,388,334.50$ 5,323,726.57$ 6,471,323.31$ 33,240,737.76$ *Local Agency Investment Fund 9,710,816.80$ 76,243.52$ -$ 9,787,060.32$ US Bank - RORF - Successor Agency 6,097,754.85$ -$ -$ 6,097,754.85$ US Bank - Low Mod Housing Trust 6,897,682.67$ -$ 5,976.74$ 6,891,705.93$ TOTAL REVENUE & EXPENDITURE 5,399,970.09$ 6,477,300.05$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account* 33,240,737.76$ 7,600,971.66$ 8,418,316.13$ 32,423,393.29$ *Local Agency Investment Fund 9,787,060.32$ -$ -$ 9,787,060.32$ US Bank - RORF - Successor Agency 6,097,754.85$ -$ 103,809.00$ 5,993,945.85$ US Bank - Low Mod Housing Trust 6,891,705.93$ -$ 2,071,272.83$ 4,820,433.10$ TOTAL REVENUE & EXPENDITURE 7,600,971.66$ 10,593,397.96$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account 32,423,393.29$ 7,962,565.55$ 8,254,643.33$ 32,131,315.51$ *Local Agency Investment Fund 9,787,060.32$ -$ -$ 9,787,060.32$ US Bank - RORF - Successor Agency 5,993,945.85$ -$ 5,993,945.85$ US Bank - Low Mod Housing Trust 4,820,433.10$ -$ 5,437.50$ 4,814,995.60$ TOTAL REVENUE & EXPENDITURE 7,962,565.55$ 8,260,080.83 QUARTERLY TOTAL OF DEBITS/CREDITS 20,963,507.30$ 25,330,778.84$ *Most Active Accounts
*Funds transferred from LAIF account to the general account to cover expenditures 2023
Oct-23
Nov-23
Dec-23

CITY OF LYNWOOD

QUARTERLY REPORT
December 1, 2023

MONTHLY BALANCES PER STATEMENT

DEMAND DEPOSIT ACCOUNTS - MOST ACTIVE

BALANCES PER QUARTER
31 Run Date: 11/9/2023 - 3:13 PM
Amortizing Page 2
Portfolio Summary
City of Lynwood 10/31/2023

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)

ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 10/31/23 9/30/23 Issuer % Portfolio
Market Value $36,216,543 $36,098,466 LAIF 26.2%
Book Value $37,389,578 $37,276,243 FHLB 17.9%
Variance -$1,173,035 -$1,177,777 U.S. Treasury 17.7%
FFCB 7.2%
Par Value $37,461,971 $37,350,355 FHLMC 4.0%
JPMorgan 1.3%
Net Asset Value $96.86 $96.84 FNMA 1.3%
MetLife 1.3%
Book Yield 3.05% 3.02% Apple 1.3%
Unilever Capital Corp 1.3%
Market Yield 4.96% 4.85% 3M 1.3%
Goldman Sachs Govt MMF 1.2%
Years to Maturity 1.70 1.63 Exxon Mobil 0.7%
Toyota 0.7%
Effective Duration 1.45 1.38 New York Life 0.7%
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Jun-23
Jul-23
Aug-23
Sep-23
Oct-23

1.60%

1.80%

2.00%

2.20%

2.40%

2.60%

2.80%

3.00%

3.20%

1.2%

10.0%

14.5%

17.7%

26.2%

30.5%
MMF
CORP
CD
TSY
LAIF
AGY
100%75%50%25%0%

43.6%

18.7%

13.3% 12.7% 11.6%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%

40.6%

2.0%

4.0%

1.3%

0.7%

51.4%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 32
Run Date: 11/9/2023 - 3:13 PM
Amortizing Page 3
Investment Policy Compliance
City of Lynwood 10/31/2023
Category Book Value % of Portfolio % Allowed by Policy In ComplianceReserved row US Treasuries 6,615,389.01 17.69% 100% Yes
US Federal Agencies 11,398,377.64 30.49% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 9,787,060.32 26.18% 75,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 441,910.51 1.18% 20% Yes
Negotiable Certificates of Deposit 5,410,292.51 14.47% 30% Yes Corporate Obligations 3,736,547.72 9.99% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 37,389,577.71 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.70 Less than 3.0 Years Yes
Liquidity 43.63% 30% Under 365 Days Yes
Ratings Yes
3 33
Run Date: 11/9/2023 - 3:13 PM
Amortizing Page 10
Issuer Allocation
City of Lynwood 10/31/2023

0.5%

0.7%

1.2%

1.3%

4.0%

7.2%

17.7%

17.9%

26.2%
American Express National Bank
CIBC Bank USA
BMO Harris Bank NA
Morgan Stanley Bank
United Fidelity Bank FSB
Citigroup
Bank Five Nine
Morgan Stanley Private Bank
Toyota Financial Savings Bank
Synchrony Bank
State Bank of India
UBS Bank USA
Ally Bank
CFBank
Capital One Bank USA
Capital One Bank NA
BMW Bank
First National Bank of Michigan
First National Bank
First Missouri State Bank
EagleBank
Discover Bank
Amazon
Charles Schwab
New York Life
Toyota
Exxon Mobil
Goldman Sachs Govt MMF
3M
Unilever Capital Corp
Apple
MetLife
FNMA
JPMorgan
FHLMC
FFCB
U.S. Treasury
FHLB
LAIF
30%25%20%15%10%5%0%
10 34
Portfolio Summary
City of Lynwood October 31, 2023
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 5,413,000.00 5,410,292.51 14.47 3.33 1,154 5,118,073.32 Corporate Bonds 3,750,000.00 3,736,547.72 9.99 3.48 761 3,612,352.50 LAIF 9,787,060.32 9,787,060.32 26.18 3.67 1 9,787,060.32 Money Market Funds 441,910.51 441,910.51 1.18 5.25 1 441,910.51 U.S. Agencies 11,440,000.00 11,398,377.64 30.49 3.38 857 11,036,724.60 U.S. Treasuries 6,630,000.00 6,615,389.01 17.69 0.95 660 6,220,421.40 37,389,577.71 100.00 621 36,216,542.65 3.05 37,461,970.83 Investments
October 31 Month Ending Fiscal Year To DateTotal Earnings Current Year 67,717.50 344,654.21
Average Daily Balance 37,346,878.81 37,190,184.99
Book Rate of Return 2.13% 2.75%
Run Date: 11/9/2023 - 3:13 PM
Amortizing
15 35
Holdings Report
City of Lynwood October 31, 2023
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
17312Q3B3 248,000.00Citibank 02/28/2019 247,427.12 99.15 245,885.07 0.66% NR/NR 0.3302/27/2024 -2,077.57 NR 0.32 1,345.32 3.05% 247,962.65 5.66%3.000% 32100LCB9 248,000.00First Missouri State Bank 09/13/2019 248,000.00 96.68 239,757.23 0.66% NR/NR 0.8709/13/2024 -8,242.77 NR 0.85 615.92 1.85% 248,000.00 5.83%1.850% 27002YFE1 248,000.00EagleBank 08/18/2022 248,000.00 96.00 238,084.10 0.66% NR/NR 1.8008/18/2025 -9,915.90 NR 1.72 313.91 3.30% 248,000.00 5.65%3.300% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 90.75 225,052.09 0.66% NR/NR 1.9009/25/2025 -22,947.91 NR 1.89 125.70 0.50% 248,000.00 5.70%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 89.37 221,628.32 0.66% NR/NR 2.4904/27/2026 -26,371.68 NR 2.45 33.97 1.00% 248,000.00 5.64%1.000% 02007GUP6 248,000.00Ally Bank 07/07/2022 248,000.00 94.44 234,203.09 0.66% NR/NR 2.6807/07/2026 -13,796.91 NR 2.52 2,663.11 3.35% 248,000.00 5.61%3.350% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 88.39 219,209.06 0.66% NR/NR 2.7107/15/2026 -28,790.94 NR 2.66 703.57 0.95% 248,000.00 5.64%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 88.01 218,265.55 0.66% NR/NR 2.7808/11/2026 -29,734.45 NR 2.73 135.55 0.95% 248,000.00 5.64%0.950% 15721UFP9 248,000.00CFBank 03/15/2023 248,000.00 97.89 242,765.72 0.66% NR/NR 2.8809/15/2026 -5,234.28 NR 2.64 548.66 4.75% 248,000.00 5.55%4.750% 32117BFR4 248,000.00First National Bank 03/23/2023 248,000.00 98.57 244,447.54 0.66% NR/NR 2.9009/23/2026 -3,552.46 NR 2.65 305.75 5.00% 248,000.00 5.54%5.000% 910286GM9 248,000.00United Fidelity Bank FSB 06/29/2023 247,546.16 96.96 240,468.94 0.66% NR/NR 3.6606/29/2027 -7,115.73 NR 3.29 92.75 4.60% 247,584.68 5.47%4.550% 254673L38 248,000.00Discover Bank 07/07/2022 248,000.00 93.08 230,844.75 0.66% NR/NR 3.6807/06/2027 -17,155.25 NR 3.40 2,725.96 3.40% 248,000.00 5.50%3.400% 14042RST9 248,000.00Capital One Bank NA 07/07/2022 248,000.00 93.24 231,247.03 0.66% NR/NR 3.6807/07/2027 -16,752.97 NR 3.40 2,742.61 3.45% 248,000.00 5.50%3.450% 14042TJD0 248,000.00Capital One Bank USA 08/03/2022 248,000.00 93.49 231,853.01 0.66% NR/NR 3.7608/03/2027 -16,146.99 NR 3.46 2,170.85 3.55% 248,000.00 5.49%3.550% 61768ELH4 248,000.00Morgan Stanley Private Bank 08/04/2022 248,000.00 93.32 231,425.99 0.66% NR/NR 3.7608/04/2027 -16,574.01 NR 3.47 2,116.49 3.50% 248,000.00 5.49%3.500% 87164XN93 248,000.00Synchrony Bank 08/05/2022 248,000.00 93.35 231,501.84 0.66% NR/NR 3.7608/05/2027 -16,498.16 NR 3.47 2,092.71 3.50% 248,000.00 5.48%3.500% 02589ADQ2 205,000.00American Express National Bank 08/12/2022 203,975.00 93.13 190,911.44 0.55% NR/NR 3.7808/10/2027 -13,313.63 NR 3.49 1,608.27 3.56% 204,225.07 5.49%3.450% 32114VCH8 248,000.00First National Bank of Michigan 03/15/2023 248,000.00 96.83 240,141.81 0.66% NR/NR 4.3803/15/2028 -7,858.19 NR 3.90 531.33 4.60% 248,000.00 5.42%4.600% 61690U3C2 248,000.00Morgan Stanley Bank 03/16/2023 247,454.40 98.11 243,317.76 0.66% NR/NR 4.3803/16/2028 -4,205.03 NR 3.88 1,500.23 4.85% 247,522.79 5.29%4.800% Run Date: 11/9/2023 - 3:13 PM
Amortizing
16 36
Holdings Report
City of Lynwood October 31, 2023
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
062119BK7 248,000.00Bank Five Nine 03/20/2023 248,000.00 97.02 240,613.73 0.66% NR/NR 4.3903/20/2028 -7,386.27 NR 3.91 379.13 4.65% 248,000.00 5.42%4.650% 12547CBJ6 248,000.00CIBC Bank USA 05/17/2023 247,446.96 95.76 237,482.83 0.66% NR/NR 4.5505/16/2028 -10,014.71 NR 4.00 4,994.99 4.40% 247,497.54 5.42%4.350% 05600XQE3 248,000.00BMO Harris Bank NA 05/17/2023 247,449.44 96.36 238,966.42 0.66% NR/NR 4.5505/16/2028 -8,533.38 NR 3.98 5,167.23 4.55% 247,499.79 5.42%4.500% 5,409,299.08 5,118,073.32 14.47% 3.16
5,410,292.51 3.33% 5,413,000.00 5.54% 32,914.01 -292,219.19 2.91Total Certificates of Deposit Corporate Bonds
89236TFS9 250,000.00Toyota Motor Credit 02/28/2019 253,545.00 99.55 248,872.50 0.67% A1/A+ 0.1901/08/2024 -1,265.25 A+ 0.18 2,628.82 3.03% 250,137.75 5.65%3.350% 46625HJX9 500,000.00JPMorgan Chase & Co 05/13/2019 515,115.00 98.74 493,720.00 1.34% A1/A- 0.5305/13/2024 -7,892.27 AA- 0.50 8,458.33 2.97% 501,612.27 6.05%3.625% 64952WDL4 250,000.00New York Life 01/22/2020 249,102.50 95.66 239,157.50 0.67% Aaa/AA+ 1.2301/22/2025 -10,622.61 AAA 1.17 1,375.00 2.08% 249,780.11 5.71%2.000% 88579YBH3 500,000.003M 09/07/2022 476,510.00 95.03 475,155.00 1.30% A2/BBB+ 1.2902/14/2025 -12,443.78 NR 1.23 2,138.89 4.04% 487,598.78 6.07%2.000% 30231GBH4 250,000.00Exxon Mobil 06/22/2020 272,752.50 96.71 241,777.50 0.69% Aa2/AA- 1.3803/19/2025 -14,860.31 NR 1.31 872.67 0.99% 256,637.81 5.49%2.992% 02/19/2025 59217GFC8 500,000.00MetLife 08/25/2022 499,380.00 96.91 484,565.00 1.34% Aa3/AA- 1.8208/25/2025 -15,059.56 AA- 1.70 3,712.50 4.09% 499,624.56 5.86%4.050% 037833BY5 500,000.00Apple 08/25/2022 496,085.00 95.70 478,485.00 1.33% Aaa/AA+ 2.3202/23/2026 -18,925.75 NR 2.14 3,069.44 3.49% 497,410.75 5.25%3.250% 808513BW4 250,000.00Charles Schwab 04/12/2022 249,407.50 90.88 227,207.50 0.67% A2/A- 3.4204/01/2027 -22,385.14 A 3.12 687.50 3.35% 249,592.64 6.31%3.300% 023135CF1 250,000.00Amazon 06/09/2022 248,005.00 93.90 234,752.50 0.66% A1/AA 3.4504/13/2027 -13,826.75 AA- 3.17 412.50 3.48% 248,579.25 5.26%3.300% 904764BS5 500,000.00Unilever Capital Corp 09/22/2023 495,475.00 97.73 488,660.00 1.33% A1/A+ 4.8609/08/2028 -6,913.81 A 4.19 3,588.54 5.08% 495,573.81 5.41%4.875% 3,755,377.50 3,612,352.50 9.99% 2.08
3,736,547.72 3.48% 3,750,000.00 5.71% 26,944.19 -124,195.23 1.90Total Corporate Bonds LAIF
Run Date: 11/9/2023 - 3:13 PM
Amortizing
17 37
Holdings Report
City of Lynwood October 31, 2023
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
LAIF
9819499 9,787,060.32LAIF 07/14/2023 9,787,060.32 1.00 9,787,060.32 26.18% NR/NR 0.0011/01/2023

0.00 NR 0.00 0.00 3.67% 9,787,060.32 3.67%3.670%
9,787,060.32 9,787,060.32 26.18% 0.00
9,787,060.32 3.67% 9,787,060.32 3.67% 0.00 0.00 0.00Total LAIF Money Market Funds
FGTXX 441,910.51Goldman Sachs Govt MMF 441,910.51 1.00 441,910.51 1.18% Aaa/AAA 0.0011/01/2023

0.00 NR 0.00 3,465.68 5.25% 441,910.51 5.25%5.254%
441,910.51 441,910.51 1.18% 0.00
441,910.51 5.25% 441,910.51 5.25% 3,465.68 0.00 0.00Total Money Market Funds U.S. Agencies
3130A0XE5 1,640,000.00FHLB 08/22/2022 1,636,785.60 99.16 1,626,289.60 4.38% Aaa/AA+ 0.3503/08/2024 -12,976.18 AAA 0.34 7,846.94 3.38% 1,639,265.78 5.60%3.250% 3133EKTV8 500,000.00FFCB 07/02/2019 499,900.00 97.57 487,860.00 1.34% Aaa/AA+ 0.6707/01/2024 -12,126.66 AAA 0.64 3,166.67 1.90% 499,986.66 5.66%1.900% 3133ENG20 1,000,000.00FFCB 08/18/2022 998,300.00 97.99 979,870.00 2.67% Aaa/AA+ 0.7908/15/2024 -19,456.64 AAA 0.76 6,966.67 3.39% 999,326.64 5.94%3.300% 3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 96.33 192,656.00 0.53% Aaa/AA+ 0.9610/16/2024 -7,031.41 AAA 0.93 125.00 1.67% 199,687.41 5.48%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 96.18 480,895.00 1.37% Aaa/AA+ 1.3703/14/2025 -31,863.73 AAA 1.31 1,550.35 0.49% 512,758.73 5.30%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 92.01 460,040.00 1.34% Aaa/AA+ 1.7808/12/2025 -39,960.00 AAA 1.74 506.94 0.50% 500,000.00 5.26%0.500% 02/18/2022 3130ASYR4 2,000,000.00FHLB 08/30/2022 2,000,000.00 97.53 1,950,640.00 5.35% Aaa/AA+ 1.8308/28/2025 -49,360.00 AAA 1.64 14,000.00 4.00% 2,000,000.00 5.44%4.000% 11/28/2023 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 91.45 457,230.00 1.33% Aaa/AA+ 1.9009/23/2025 -41,810.28 AAA 1.84 197.92 0.48% 499,040.28 5.17%0.375% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 89.26 446,280.00 1.34% Aaa/AA+ 3.1712/30/2026 -53,720.00 AAA 3.00 2,302.36 1.37% 500,000.00 5.09%1.370% 12/30/2023 3130AL5A8 500,000.00FHLB 02/09/2023 438,340.00 87.19 435,970.00 1.20% Aaa/AA+ 3.3302/26/2027 -13,457.80 AAA 3.18 812.50 4.25% 449,427.80 5.15%0.900% 11/26/2023 3130ARTT8 600,000.00FHLB 05/19/2022 600,000.00 95.74 574,434.00 1.60% Aaa/AA+ 3.5505/19/2027 -25,566.00 AAA 2.45 8,775.00 3.25% 600,000.00 4.56%3.250% 11/19/2023 Run Date: 11/9/2023 - 3:13 PM
Amortizing
18 38
Holdings Report
City of Lynwood October 31, 2023
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. Agencies
3130AT2L0 1,000,000.00FHLB 08/30/2022 1,000,000.00 95.44 954,400.00 2.67% Aaa/AA+ 3.8208/25/2027 -45,600.00 AAA 2.79 7,425.00 4.05% 1,000,000.00 5.39%4.050% 11/25/2023 3134GYUE0 1,000,000.00FHLMC 06/30/2023 1,000,000.00 98.86 988,580.00 2.67% Aaa/AA+ 4.6606/28/2028 -11,420.00 AAA 1.13 20,166.67 6.00% 1,000,000.00 6.28%6.000% 11/28/2023 3133EPZN8 1,000,000.00FFCB 10/24/2023 998,880.00 100.16 1,001,580.00 2.67% Aaa/AA+ 4.9910/24/2028 2,695.64 AAA 4.34 972.22 5.03% 998,884.36 4.96%5.000% 11,409,410.60 11,036,724.60 30.48% 2.35
11,398,377.64 3.38% 11,440,000.00 5.44% 74,814.24 -361,653.06 1.77Total U.S. Agencies U.S. Treasuries
91282CAW1 1,000,000.00U.S. Treasury 07/22/2021 999,960.94 99.81 998,060.00 2.67% Aaa/AA+ 0.0411/15/2023 -1,939.31 AAA 0.04 1,154.89 0.25% 999,999.31 5.01%0.250% 91282CBV2 500,000.00U.S. Treasury 11/22/2021 496,308.59 97.74 488,690.00 1.34% Aaa/AA+ 0.4604/15/2024 -10,605.47 AAA 0.44 87.09 0.69% 499,295.47 5.45%0.375% 912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 95.90 958,950.00 2.71% Aaa/AA+ 1.0811/30/2024 -52,585.38 AAA 1.04 6,311.48 0.43% 1,011,535.38 5.46%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 92.54 462,675.00 1.33% Aaa/AA+ 1.5805/31/2025 -33,911.48 AAA 1.53 525.96 0.69% 496,586.48 5.23%0.250% 91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 90.84 908,440.00 2.66% Aaa/AA+ 2.0811/30/2025 -86,537.11 AAA 2.02 1,577.87 0.62% 994,977.11 5.06%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 90.23 451,135.00 1.33% Aaa/AA+ 2.2501/31/2026 -46,321.33 AAA 2.18 473.85 0.60% 497,456.33 5.02%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 89.92 899,220.00 2.68% Aaa/AA+ 2.5805/31/2026 -102,046.62 AAA 2.48 3,155.74 0.70% 1,001,266.62 4.96%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 89.28 446,385.00 1.33% Aaa/AA+ 2.9209/30/2026 -49,459.45 AAA 2.80 382.51 1.17% 495,844.45 4.86%0.875% 91282CGC9 630,000.00U.S. Treasury 03/03/2023 616,587.89 96.33 606,866.40 1.65% Aaa/AA+ 4.1712/31/2027 -11,561.48 AAA 3.73 8,225.95 4.37% 618,427.88 4.86%3.875% 6,619,400.39 6,220,421.40 17.69% 1.81
6,615,389.01 0.95% 6,630,000.00 5.10% 21,895.34 -394,967.63 1.71Total U.S. Treasuries Run Date: 11/9/2023 - 3:13 PM
Amortizing
19 39
Holdings Report
City of Lynwood October 31, 2023
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
37,422,458.40 36,216,542.65 100.00% 1.70
160,033.46 -1,173,035.11 1.46 4.96% 37,389,577.71 3.05% 37,461,970.83TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 36,376,576.11 Run Date: 11/9/2023 - 3:13 PM
Amortizing
20 40
Maturity Report
City of Lynwood October 31, 2023
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 5.254% 1Goldman Sachs Govt MMF 441,910.51 11/01/2023 1 5.25% 441,910.51 441,910.51 9819499 3.670% 1LAIF 05/18/2020 9,787,060.32 11/01/2023 1 3.67% 9,787,060.32 9,787,060.32 91282CAW1 0.250% 831U.S. Treasury 07/22/2021 999,999.31 11/15/2023 15 0.25% 1,000,000.00 998,060.00 89236TFS9 3.350% 1,706Toyota Motor Credit 02/28/2019 250,137.75 01/08/2024 69 3.03% 250,000.00 248,872.50 17312Q3B3 3.000% 1,706Citibank 02/28/2019 247,962.65 02/27/2024 119 3.05% 248,000.00 245,885.07 3130A0XE5 3.250% 435FHLB 08/22/2022 1,639,265.78 03/08/2024 129 3.38% 1,640,000.00 1,626,289.60 91282CBV2 0.375% 708U.S. Treasury 11/22/2021 499,295.47 04/15/2024 167 0.69% 500,000.00 488,690.00 46625HJX9 3.625% 1,632JPMorgan Chase & Co 05/13/2019 501,612.27 05/13/2024 195 2.97% 500,000.00 493,720.00 3133EKTV8 1.900% 1,582FFCB 07/02/2019 499,986.66 07/01/2024 244 1.90% 500,000.00 487,860.00 3133ENG20 3.300% 439FFCB 08/18/2022 999,326.64 08/15/2024 289 3.39% 1,000,000.00 979,870.00 32100LCB9 1.850% 1,509First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 318 1.85% 248,000.00 239,757.23 3133EK3B0 1.500% 1,475FFCB 10/17/2019 199,687.41 10/16/2024 351 1.67% 200,000.00 192,656.00 912828YV6 1.500% 831U.S. Treasury 07/22/2021 1,011,535.38 11/30/2024 396 0.43% 1,000,000.00 958,950.00 64952WDL4 2.000% 1,378New York Life 01/22/2020 249,780.11 01/22/2025 449 2.08% 250,000.00 239,157.50 88579YBH3 2.000% 4193M 09/07/2022 487,598.78 02/14/2025 472 4.04% 500,000.00 475,155.00 3130A4CH3 2.375% 1,119FHLB 10/07/2020 512,758.73 03/14/2025 500 0.49% 500,000.00 480,895.00 30231GBH4 2.992% 1,226Exxon Mobil 06/22/2020 256,637.81 03/19/2025 505 0.99% 250,000.00 241,777.50 912828ZT0 0.250% 854U.S. Treasury 06/29/2021 496,586.48 05/31/2025 578 0.69% 500,000.00 462,675.00 3136G4H71 0.500% 1,169FNMA 08/18/2020 500,000.00 08/12/2025 651 0.50% 500,000.00 460,040.00 27002YFE1 3.300% 439EagleBank 08/18/2022 248,000.00 08/18/2025 657 3.30% 248,000.00 238,084.10 59217GFC8 4.050% 432MetLife 08/25/2022 499,624.56 08/25/2025 664 4.09% 500,000.00 484,565.00 3130ASYR4 4.000% 427FHLB 08/30/2022 2,000,000.00 08/28/2025 667 4.00% 2,000,000.00 1,950,640.00 3137EAEX3 0.375% 1,106FHLMC 10/20/2020 499,040.28 09/23/2025 693 0.48% 500,000.00 457,230.00 05580AXF6 0.500% 1,131BMW Bank 09/25/2020 248,000.00 09/25/2025 695 0.50% 248,000.00 225,052.09 91282CAZ4 0.375% 831U.S. Treasury 07/22/2021 994,977.11 11/30/2025 761 0.62% 1,000,000.00 908,440.00 91282CBH3 0.375% 978U.S. Treasury 02/25/2021 497,456.33 01/31/2026 823 0.60% 500,000.00 451,135.00 037833BY5 3.250% 432Apple 08/25/2022 497,410.75 02/23/2026 846 3.49% 500,000.00 478,485.00 856283S98 1.000% 917State Bank of India 04/27/2021 248,000.00 04/27/2026 909 1.00% 248,000.00 221,628.32 91282CCF6 0.750% 831U.S. Treasury 07/22/2021 1,001,266.62 05/31/2026 943 0.70% 1,000,000.00 899,220.00 02007GUP6 3.350% 481Ally Bank 07/07/2022 248,000.00 07/07/2026 980 3.35% 248,000.00 234,203.09 89235MLC3 0.950% 838Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 988 0.95% 248,000.00 219,209.06 90348JR93 0.950% 811UBS Bank USA 08/11/2021 248,000.00 08/11/2026 1,015 0.95% 248,000.00 218,265.55 15721UFP9 4.750% 230CFBank 03/15/2023 248,000.00 09/15/2026 1,050 4.75% 248,000.00 242,765.72 32117BFR4 5.000% 222First National Bank 03/23/2023 248,000.00 09/23/2026 1,058 5.00% 248,000.00 244,447.54 91282CCZ2 0.875% 742U.S. Treasury 10/19/2021 495,844.45 09/30/2026 1,065 1.17% 500,000.00 446,385.00 3130AQEC3 1.370% 670FHLB 12/30/2021 500,000.00 12/30/2026 1,156 1.37% 500,000.00 446,280.00 Run Date: 11/9/2023 - 3:13 PM
Amortizing
21 41
Maturity Report
City of Lynwood October 31, 2023
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
3130AL5A8 0.900% 264FHLB 02/09/2023 449,427.80 02/26/2027 1,214 4.25% 500,000.00 435,970.00 808513BW4 3.300% 567Charles Schwab 04/12/2022 249,592.64 04/01/2027 1,248 3.35% 250,000.00 227,207.50 023135CF1 3.300% 509Amazon 06/09/2022 248,579.25 04/13/2027 1,260 3.48% 250,000.00 234,752.50 3130ARTT8 3.250% 530FHLB 05/19/2022 600,000.00 05/19/2027 1,296 3.25% 600,000.00 574,434.00 910286GM9 4.550% 124United Fidelity Bank FSB 06/29/2023 247,584.68 06/29/2027 1,337 4.60% 248,000.00 240,468.94 254673L38 3.400% 481Discover Bank 07/07/2022 248,000.00 07/06/2027 1,344 3.40% 248,000.00 230,844.75 14042RST9 3.450% 481Capital One Bank NA 07/07/2022 248,000.00 07/07/2027 1,345 3.45% 248,000.00 231,247.03 14042TJD0 3.550% 454Capital One Bank USA 08/03/2022 248,000.00 08/03/2027 1,372 3.55% 248,000.00 231,853.01 61768ELH4 3.500% 453Morgan Stanley Private Bank 08/04/2022 248,000.00 08/04/2027 1,373 3.50% 248,000.00 231,425.99 87164XN93 3.500% 452Synchrony Bank 08/05/2022 248,000.00 08/05/2027 1,374 3.50% 248,000.00 231,501.84 02589ADQ2 3.450% 445American Express National Bank 08/12/2022 204,225.07 08/10/2027 1,379 3.56% 205,000.00 190,911.44 3130AT2L0 4.050% 427FHLB 08/30/2022 1,000,000.00 08/25/2027 1,394 4.05% 1,000,000.00 954,400.00 91282CGC9 3.875% 242U.S. Treasury 03/03/2023 618,427.88 12/31/2027 1,522 4.37% 630,000.00 606,866.40 32114VCH8 4.600% 230First National Bank of Michigan 03/15/2023 248,000.00 03/15/2028 1,597 4.60% 248,000.00 240,141.81 61690U3C2 4.800% 229Morgan Stanley Bank 03/16/2023 247,522.79 03/16/2028 1,598 4.85% 248,000.00 243,317.76 062119BK7 4.650% 225Bank Five Nine 03/20/2023 248,000.00 03/20/2028 1,602 4.65% 248,000.00 240,613.73 05600XQE3 4.500% 167BMO Harris Bank NA 05/17/2023 247,499.79 05/16/2028 1,659 4.55% 248,000.00 238,966.42 12547CBJ6 4.350% 167CIBC Bank USA 05/17/2023 247,497.54 05/16/2028 1,659 4.40% 248,000.00 237,482.83 3134GYUE0 6.000% 123FHLMC 06/30/2023 1,000,000.00 06/28/2028 1,702 6.00% 1,000,000.00 988,580.00 904764BS5 4.875% 39Unilever Capital Corp 09/22/2023 495,573.81 09/08/2028 1,774 5.08% 500,000.00 488,660.00 3133EPZN8 5.000% 7FFCB 10/24/2023 998,884.36 10/24/2028 1,820 5.03% 1,000,000.00 1,001,580.00 Net Maturities and Averages 37,389,577.71 621 3.05% 36,216,542.65 37,461,970.83 Run Date: 11/9/2023 - 3:13 PM
Amortizing
22 42
Income Earned Summary
City of Lynwood October 31, 2023
Fiscal Year To DateOctober 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
110,495.51 413,634.62
160,033.46 160,033.46
-205,650.86 -245,539.44
64,878.11 328,128.64
2,839.39 16,525.57

0.00 0.00
67,717.50
344,654.21
Run Date: 11/9/2023 - 3:13 PM
Amortizing
25 43
Income Earned
City of Lynwood October 01, 2023 - October 31, 2023
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
17312Q3B3 02/27/2024 248,000.00Citibank 247,952.91 247,962.65 713.42 0.00 1,345.32 631.90 9.73 641.63 32100LCB9 09/13/2024 248,000.00First Missouri State Bank 248,000.00 248,000.00 226.26 0.00 615.92 389.66 0.00 389.66 27002YFE1 08/18/2025 248,000.00EagleBank 248,000.00 248,000.00 291.48 672.66 313.91 695.09 0.00 695.09 05580AXF6 09/25/2025 248,000.00BMW Bank 248,000.00 248,000.00 20.38 0.00 125.70 105.32 0.00 105.32 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 1,066.74 1,243.40 33.97 210.63 0.00 210.63 02007GUP6 07/07/2026 248,000.00Ally Bank 248,000.00 248,000.00 1,957.50 0.00 2,663.11 705.61 0.00 705.61 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 503.47 0.00 703.57 200.10 0.00 200.10 90348JR93 08/11/2026 248,000.00UBS Bank USA 248,000.00 248,000.00 129.10 193.64 135.55 200.09 0.00 200.09 15721UFP9 09/15/2026 248,000.00CFBank 248,000.00 248,000.00 516.38 968.22 548.66 1,000.50 0.00 1,000.50 32117BFR4 09/23/2026 248,000.00First National Bank 248,000.00 248,000.00 271.78 1,019.18 305.75 1,053.15 0.00 1,053.15 910286GM9 06/29/2027 248,000.00United Fidelity Bank FSB 247,575.05 247,584.68 61.83 927.45 92.75 958.37 9.63 968.00 254673L38 07/06/2027 248,000.00Discover Bank 248,000.00 248,000.00 2,009.82 0.00 2,725.96 716.14 0.00 716.14 14042RST9 07/07/2027 248,000.00Capital One Bank NA 248,000.00 248,000.00 2,015.93 0.00 2,742.61 726.68 0.00 726.68 14042TJD0 08/03/2027 248,000.00Capital One Bank USA 248,000.00 248,000.00 1,423.11 0.00 2,170.85 747.74 0.00 747.74 61768ELH4 08/04/2027 248,000.00Morgan Stanley Private Bank 248,000.00 248,000.00 1,379.29 0.00 2,116.49 737.20 0.00 737.20 87164XN93 08/05/2027 248,000.00Synchrony Bank 248,000.00 248,000.00 1,355.51 0.00 2,092.71 737.20 0.00 737.20 02589ADQ2 08/10/2027 205,000.00American Express National Bank 204,207.65 204,225.07 1,007.59 0.00 1,608.27 600.68 17.42 618.10 32114VCH8 03/15/2028 248,000.00First National Bank of Michigan 248,000.00 248,000.00 500.08 937.64 531.33 968.89 0.00 968.89 61690U3C2 03/16/2028 248,000.00Morgan Stanley Bank 247,513.53 247,522.79 489.21 0.00 1,500.23 1,011.02 9.26 1,020.28 062119BK7 03/20/2028 248,000.00Bank Five Nine 248,000.00 248,000.00 347.54 947.84 379.13 979.43 0.00 979.43 05600XQE3 05/16/2028 248,000.00BMO Harris Bank NA 247,490.45 247,499.79 4,219.40 0.00 5,167.23 947.83 9.35 957.18 12547CBJ6 05/16/2028 248,000.00CIBC Bank USA 247,488.15 247,497.54 4,078.75 0.00 4,994.99 916.24 9.39 925.63 Certificates of Deposit - Sub Total 5,413,000.00 5,410,227.74 5,410,292.51 24,584.57 6,910.03 32,914.01 15,239.47 64.77 15,304.24 Corporate Bonds
89236TFS9 01/08/2024 250,000.00Toyota Motor Credit 250,198.52 250,137.75 1,930.90 0.00 2,628.82 697.92 -60.77 637.15 46625HJX9 05/13/2024 500,000.00JPMorgan Chase & Co 501,872.58 501,612.27 6,947.92 0.00 8,458.33 1,510.41 -260.31 1,250.10 64952WDL4 01/22/2025 250,000.00New York Life 249,764.66 249,780.11 958.33 0.00 1,375.00 416.67 15.46 432.13 88579YBH3 02/14/2025 500,000.003M 486,768.46 487,598.78 1,305.56 0.00 2,138.89 833.33 830.32 1,663.65 30231GBH4 03/19/2025 250,000.00Exxon Mobil 257,051.01 256,637.81 249.33 0.00 872.67 623.34 -413.20 210.14 59217GFC8 08/25/2025 500,000.00MetLife 499,606.76 499,624.56 2,025.00 0.00 3,712.50 1,687.50 17.80 1,705.30 037833BY5 02/23/2026 500,000.00Apple 497,314.27 497,410.75 1,715.28 0.00 3,069.44 1,354.16 96.47 1,450.63 808513BW4 04/01/2027 250,000.00Charles Schwab 249,582.37 249,592.64 4,125.00 4,125.00 687.50 687.50 10.27 697.77 023135CF1 04/13/2027 250,000.00Amazon 248,543.79 248,579.25 3,850.00 4,125.00 412.50 687.50 35.46 722.96 Run Date: 11/9/2023 - 3:13 PM
Amortizing
26 44
Income Earned
City of Lynwood October 01, 2023 - October 31, 2023
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
Corporate Bonds
904764BS5 09/08/2028 500,000.00Unilever Capital Corp 495,495.27 495,573.81 1,557.29 0.00 3,588.54 2,031.25 78.54 2,109.79 Corporate Bonds - Sub Total 3,750,000.00 3,736,197.68 3,736,547.72 24,664.61 8,250.00 26,944.19 10,529.58 350.03 10,879.61 LAIF
9819499 11/01/2023 9,787,060.32LAIF 9,787,060.32 9,787,060.32 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total
9,787,060.32 9,787,060.32 9,787,060.32 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 11/01/2023 441,910.51Goldman Sachs Govt MMF 460,295.00 441,910.51 90,710.48 90,710.48 3,465.68 3,465.68 0.00 3,465.68 Money Market Funds - Sub Total
441,910.51 460,295.00 441,910.51 90,710.48 90,710.48 3,465.68 3,465.68 0.00 3,465.68 U.S. Agencies
3130A0XE5 03/08/2024 1,640,000.00FHLB 1,639,086.56 1,639,265.78 3,405.28 0.00 7,846.94 4,441.66 179.22 4,620.88 3133EKTV8 07/01/2024 500,000.00FFCB 499,984.94 499,986.66 2,375.00 0.00 3,166.67 791.67 1.72 793.39 3133ENG20 08/15/2024 1,000,000.00FFCB 999,253.14 999,326.64 4,216.67 0.00 6,966.67 2,750.00 73.50 2,823.50 3133EK3B0 10/16/2024 200,000.00FFCB 199,659.32 199,687.41 1,375.00 1,500.00 125.00 250.00 28.09 278.09 3130A4CH3 03/14/2025 500,000.00FHLB 513,561.00 512,758.73 560.76 0.00 1,550.35 989.59 -802.27 187.32 3136G4H71 08/12/2025 500,000.00FNMA 500,000.00 500,000.00 298.61 0.00 506.94 208.33 0.00 208.33 3130ASYR4 08/28/2025 2,000,000.00FHLB 2,000,000.00 2,000,000.00 7,333.33 0.00 14,000.00 6,666.67 0.00 6,666.67 3137EAEX3 09/23/2025 500,000.00FHLMC 498,996.65 499,040.28 41.67 0.00 197.92 156.25 43.62 199.87 3130AQEC3 12/30/2026 500,000.00FHLB 500,000.00 500,000.00 1,731.53 0.00 2,302.36 570.83 0.00 570.83 3130AL5A8 02/26/2027 500,000.00FHLB 448,115.88 449,427.80 437.50 0.00 812.50 375.00 1,311.91 1,686.91 3130ARTT8 05/19/2027 600,000.00FHLB 600,000.00 600,000.00 7,150.00 0.00 8,775.00 1,625.00 0.00 1,625.00 3130AT2L0 08/25/2027 1,000,000.00FHLB 1,000,000.00 1,000,000.00 4,050.00 0.00 7,425.00 3,375.00 0.00 3,375.00 3134GYUE0 06/28/2028 1,000,000.00FHLMC 1,000,000.00 1,000,000.00 15,166.67 0.00 20,166.67 5,000.00 0.00 5,000.00 3133EPZN8 10/24/2028 1,000,000.00FFCB 0.00 998,884.36 0.00 0.00 972.22 972.22 4.36 976.58 U.S. Agencies - Sub Total
11,440,000.00 10,398,657.49 11,398,377.64 48,142.02 1,500.00 74,814.24 28,172.22 840.15 29,012.37 U.S. Treasuries
912797FA0 10/12/2023 0.00U.S. Treasury 868,443.29 0.00 0.00 0.00 0.00 0.00 1,556.71 1,556.71 91282CAW1 11/15/2023 1,000,000.00U.S. Treasury 999,997.88 999,999.31 944.29 0.00 1,154.89 210.60 1.43 212.03 91282CBV2 04/15/2024 500,000.00U.S. Treasury 499,164.69 499,295.47 865.78 937.50 87.09 158.81 130.78 289.59 912828YV6 11/30/2024 1,000,000.00U.S. Treasury 1,012,438.40 1,011,535.38 5,040.98 0.00 6,311.48 1,270.50 -903.02 367.48 Run Date: 11/9/2023 - 3:13 PM
Amortizing
27 45
Income Earned
City of Lynwood October 01, 2023 - October 31, 2023
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
U.S. Treasuries
912828ZT0 05/31/2025 500,000.00U.S. Treasury 496,403.40 496,586.48 420.08 0.00 525.96 105.88 183.08 288.96 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 994,772.50 994,977.11 1,260.25 0.00 1,577.87 317.62 204.61 522.23 91282CBH3 01/31/2026 500,000.00U.S. Treasury 497,360.51 497,456.33 315.90 0.00 473.85 157.95 95.81 253.76 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,001,308.26 1,001,266.62 2,520.49 0.00 3,155.74 635.25 -41.64 593.61 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 495,723.49 495,844.45 11.95 2,187.50 382.51 2,558.06 120.96 2,679.02 91282CGC9 12/31/2027 630,000.00U.S. Treasury 618,192.17 618,427.88 6,169.46 0.00 8,225.95 2,056.49 235.70 2,292.19 U.S. Treasuries - Sub Total 6,630,000.00 7,483,804.58 6,615,389.01 17,549.18 3,125.00 21,895.34 7,471.16 1,584.43 9,055.59 37,461,970.83Grand Total 37,276,242.81 37,389,577.71 205,650.86 110,495.51 160,033.46 64,878.11 2,839.39 67,717.50 Run Date: 11/9/2023 - 3:13 PM
Amortizing
28 46
Realized Gains and Losses
City of Lynwood October 01, 2023 - October 31, 2023
Par Value Sale Date Days Held Maturity/Sales RealizedCUSIP Coupon Rate Maturity Date Book Value Proceeds Gain/LossPurchase Date TermIssuer U.S. Treasuries
912797FA0 870,000.0007/13/2023 10/12/2023 91 870,000.00 0.00 870,000.00 10/12/2023 91U.S. Treasury 0.000%
Total U.S. Treasuries 0.00 870,000.00 870,000.00
Grand Total 0.00 870,000.00 870,000.00
Run Date: 11/9/2023 - 3:13 PM
Amortizing
29 47
Transaction Report
City of Lynwood October 01, 2023 - October 31, 2023
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 10/01/2023 Interest 91282CCZ2 T 0 7/8 09/30/26 09/30/2026 - - 2,187.50 - - 10/02/2023 Interest 808513BW4 SCHW 3.3 04/01/27 04/01/2027 - - 4,125.00 - - 10/03/2023 Interest FGTXX GSGF - - 2,454.70 - - 10/11/2023 Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 193.64 - - 10/12/2023 Maturity 912797FA0 TREASURY BILL 10/12/2023 - 870,000.00 - - - 10/13/2023 Interest FGTXX GSGF - - 88,255.78 - - 10/13/2023 Interest 023135CF1 AMZN 3.3 04/13/27 04/13/2027 - - 4,125.00 - - 10/16/2023 Interest 3133EK3B0 FFCB 1 1/2 10/16/24 10/16/2024 - - 1,500.00 - - 10/16/2023 Interest 91282CBV2 T 0 3/8 04/15/24 04/15/2024 - - 937.50 - - 10/16/2023 Interest 32114VCH8 FNBMIC 4.6 03/15/28 03/15/2028 - - 937.64 - - 10/16/2023 Interest 15721UFP9 CFBK 4 3/4 09/15/26 09/15/2026 - - 968.22 - - 10/18/2023 Interest 27002YFE1 EGBN 3.3 08/18/25 08/18/2025 - - 672.66 - - 10/20/2023 Interest 062119BK7 FBFCEN 4.65 03/20/28 03/20/2028 - - 947.84 - - 10/23/2023 Interest 32117BFR4 FNLC 5 09/23/26 09/23/2026 - - 1,019.18 - - 10/24/2023 Purchase 3133EPZN8 FFCB 5 10/24/28 10/24/2028 -998,880.00 - - - - 10/27/2023 Interest 856283S98 SBIIN 1 04/27/26 04/27/2026 - - 1,243.40 - - 10/30/2023 Interest 910286GM9 FFED 4.55 06/29/27 06/29/2027 - - 927.45 - - Grand Total: -998,880.00 870,000.00 110,495.51 0.00 0.00 Run Date: 11/9/2023 - 3:13 PM
Amortizing
30 48
Run Date: 1/5/2024 - 3:14 PM
Amortizing Page 2
Portfolio Summary
City of Lynwood 12/31/2023

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)

ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 12/31/23 11/30/23 Issuer % Portfolio
Market Value $36,817,583 $36,517,681 LAIF 26.3%
Book Value $37,483,789 $37,445,016 FHLB 20.5%
Variance -$666,206 -$927,335 U.S. Treasury 15.0%
FFCB 7.2%
Par Value $37,555,904 $37,518,487 FHLMC 4.0%
JPMorgan 1.3%
Net Asset Value $98.22 $97.52 FNMA 1.3%
MetLife 1.3%
Book Yield 3.24% 3.22% Apple 1.3%
Unilever Capital Corp 1.3%
Market Yield 4.51% 4.76% 3M 1.3%
Exxon Mobil 0.7%
Years to Maturity 1.69 1.75 Toyota 0.7%
New York Life 0.7%
Effective Duration 1.38 1.47 Charles Schwab 0.7%
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Jun-23
Jul-23
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23

1.60%

1.80%

2.00%

2.20%

2.40%

2.60%

2.80%

3.00%

3.20%

3.40%

0.5%

10.0%

15.0%

15.1%

26.3%

33.1%
MMF
CORP
TSY
CD
LAIF
AGY
100%75%50%25%0%

43.1%

18.7%

14.6%

11.3% 12.3%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%

41.4%

1.3%

0.7%

4.0%

1.3%

0.7%

50.6%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 49
Run Date: 1/5/2024 - 3:14 PM
Amortizing Page 3
Investment Policy Compliance
City of Lynwood 12/31/2023
Category Book Value % of Portfolio Allowed by Policy In ComplianceReserved row US Treasuries 5,615,441.42 14.98% 100% Yes
US Federal Agencies 12,398,334.76 33.08% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 9,875,316.10 26.35% $75,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 199,587.60 0.53% 20% Yes
Negotiable Certificates of Deposit 5,657,888.09 15.09% 30% Yes Corporate Obligations 3,737,221.28 9.97% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 37,483,789.26 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.69 Less than 3.0 Years Yes
Liquidity 43.14% 30% Under 365 Days Yes
Ratings Yes
3 50
Run Date: 1/5/2024 - 3:14 PM
Amortizing Page 10
Top 40 Issuer Allocations
City of Lynwood 12/31/2023

0.5%

0.7%

1.3%

4.0%

7.2%

15.0%

20.5%

26.3%
Goldman Sachs Govt MMF
American Express National Bank
Wells Fargo
CIBC Bank USA
BMO Harris Bank NA
Morgan Stanley Bank
United Fidelity Bank FSB
Citigroup
Bank Five Nine
Morgan Stanley Private Bank
Toyota Financial Savings Bank
Synchrony Bank
State Bank of India
UBS Bank USA
Ally Bank
CFBank
Capital One Bank USA
Capital One Bank NA
BMW Bank
First National Bank of Michigan
First National Bank
First Missouri State Bank
EagleBank
Discover Bank
Amazon
Charles Schwab
New York Life
Toyota
Exxon Mobil
3M
Unilever Capital Corp
Apple
MetLife
FNMA
JPMorgan
FHLMC
FFCB
U.S. Treasury
FHLB
LAIF
30%25%20%15%10%5%0%
10 51
Portfolio Summary
City of Lynwood December 31, 2023
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 5,661,000.00 5,657,888.09 15.09 3.41 1,123 5,446,907.01 Corporate Bonds 3,750,000.00 3,737,221.28 9.97 3.48 700 3,690,592.50 LAIF 9,875,316.10 9,875,316.10 26.35 3.93 1 9,875,316.10 Money Market Funds 199,587.60 199,587.60 0.53 5.24 1 199,587.60 U.S. Agencies 12,440,000.00 12,398,334.76 33.08 3.50 817 12,267,866.40 U.S. Treasuries 5,630,000.00 5,615,441.42 14.98 1.07 714 5,337,313.20 37,483,789.26 100.00 617 36,817,582.81 3.24 37,555,903.70 Investments
December 31 Month Ending Fiscal Year To DateTotal Earnings Current Year 53,733.53 465,003.21
Average Daily Balance 37,453,459.44 37,270,917.57
Book Rate of Return 1.69% 2.47%
Run Date: 1/5/2024 - 3:17 PM
Amortizing
15 52
Holdings Report
City of Lynwood December 31, 2023
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
17312Q3B3 248,000.00Citibank 02/28/2019 247,427.12 99.59 246,993.99 0.66% NR/NR 0.1602/27/2024 -987.80 NR 0.16 2,588.71 3.05% 247,981.79 5.54%3.000% 32100LCB9 248,000.00First Missouri State Bank 09/13/2019 248,000.00 97.60 242,056.78 0.66% NR/NR 0.7009/13/2024 -5,943.22 NR 0.69 1,382.68 1.85% 248,000.00 5.37%1.850% 27002YFE1 248,000.00EagleBank 08/18/2022 248,000.00 97.29 241,291.38 0.66% NR/NR 1.6308/18/2025 -6,708.62 NR 1.56 313.91 3.30% 248,000.00 5.04%3.300% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 92.59 229,633.16 0.66% NR/NR 1.7409/25/2025 -18,366.84 NR 1.73 332.93 0.50% 248,000.00 5.01%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 91.52 226,971.16 0.66% NR/NR 2.3204/27/2026 -21,028.84 NR 2.29 448.44 1.00% 248,000.00 4.91%1.000% 02007GUP6 248,000.00Ally Bank 07/07/2022 248,000.00 96.38 239,019.04 0.66% NR/NR 2.5207/07/2026 -8,980.96 NR 2.36 4,051.57 3.35% 248,000.00 4.90%3.350% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 90.64 224,794.85 0.66% NR/NR 2.5407/15/2026 -23,205.15 NR 2.50 1,097.32 0.95% 248,000.00 4.92%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 90.30 223,944.11 0.66% NR/NR 2.6108/11/2026 -24,055.89 NR 2.57 135.55 0.95% 248,000.00 4.93%0.950% 15721UFP9 248,000.00CFBank 03/15/2023 248,000.00 98.96 245,409.75 0.66% NR/NR 2.7109/15/2026 -2,590.25 NR 2.48 548.66 4.75% 248,000.00 5.17%4.750% 32117BFR4 248,000.00First National Bank 03/23/2023 248,000.00 99.60 247,014.98 0.66% NR/NR 2.7309/23/2026 -985.02 NR 2.49 305.75 5.00% 248,000.00 5.16%5.000%
910286GM9 248,000.00United Fidelity Bank FSB 06/29/2023 247,546.16 97.76 242,441.40 0.66% NR/NR 3.5006/29/2027 -5,162.22 NR 3.20 92.75 4.60% 247,603.63 5.26%4.550% 254673L38 248,000.00Discover Bank 07/07/2022 248,000.00 95.27 236,261.80 0.66% NR/NR 3.5207/06/2027 -11,738.20 NR 3.24 4,135.15 3.40% 248,000.00 4.88%3.400% 14042RST9 248,000.00Capital One Bank NA 07/07/2022 248,000.00 95.42 236,653.38 0.66% NR/NR 3.5207/07/2027 -11,346.62 NR 3.24 4,172.52 3.45% 248,000.00 4.88%3.450% 14042TJD0 248,000.00Capital One Bank USA 08/03/2022 248,000.00 95.68 237,290.11 0.66% NR/NR 3.5908/03/2027 -10,709.89 NR 3.30 3,642.20 3.55% 248,000.00 4.88%3.550% 61768ELH4 248,000.00Morgan Stanley Private Bank 08/04/2022 248,000.00 95.63 237,160.33 0.66% NR/NR 3.5908/04/2027 -10,839.67 NR 3.31 3,567.12 3.50% 248,000.00 4.84%3.500% 87164XN93 248,000.00Synchrony Bank 08/05/2022 248,000.00 95.77 237,499.29 0.66% NR/NR 3.6008/05/2027 -10,500.71 NR 3.31 3,543.34 3.50% 248,000.00 4.84%3.500% 02589ADQ2 205,000.00American Express National Bank 08/12/2022 203,975.00 95.34 195,438.58 0.54% NR/NR 3.6108/10/2027 -8,820.77 NR 3.33 2,790.25 3.56% 204,259.35 4.87%3.450% 32114VCH8 248,000.00First National Bank of Michigan 03/15/2023 248,000.00 97.18 241,003.23 0.66% NR/NR 4.2103/15/2028 -6,996.77 NR 3.74 531.33 4.60% 248,000.00 5.35%4.600% 61690U3C2 248,000.00Morgan Stanley Bank 03/16/2023 247,454.40 97.92 242,847.81 0.66% NR/NR 4.2103/16/2028 -4,693.19 NR 3.72 3,489.67 4.85% 247,541.00 5.36%4.800% Run Date: 1/5/2024 - 3:18 PM
Amortizing
16 53
Holdings Report
City of Lynwood December 31, 2023
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
062119BK7 248,000.00Bank Five Nine 03/20/2023 248,000.00 97.36 241,459.23 0.66% NR/NR 4.2203/20/2028 -6,540.77 NR 3.75 379.13 4.65% 248,000.00 5.35%4.650% 12547CBJ6 248,000.00CIBC Bank USA 05/17/2023 247,446.96 96.12 238,379.97 0.66% NR/NR 4.3805/16/2028 -9,136.05 NR 3.93 1,359.58 4.40% 247,516.01 5.35%4.350% 05600XQE3 248,000.00BMO Harris Bank NA 05/17/2023 247,449.44 98.70 244,783.67 0.66% NR/NR 4.3805/16/2028 -2,734.51 NR 3.92 1,406.47 4.55% 247,518.18 4.83%4.500% 949764HK3 248,000.00Wells Fargo Bank NA 11/07/2023 247,451.92 100.23 248,558.99 0.66% NR/NR 4.8611/07/2028 1,090.87 NR 4.23 857.81 5.10% 247,468.12 5.00%5.050% 5,656,751.00 5,446,907.01 15.09% 3.08
5,657,888.09 3.41% 5,661,000.00 5.07% 41,172.84 -210,981.09 2.82Total Certificates of Deposit Corporate Bonds
89236TFS9 250,000.00Toyota Motor Credit 02/28/2019 253,545.00 99.97 249,912.50 0.67% A1/A+ 0.0201/08/2024 -103.71 A+ 0.01 4,024.65 3.03% 250,016.21 4.44%3.350% 46625HJX9 500,000.00JPMorgan Chase & Co 05/13/2019 515,115.00 99.37 496,860.00 1.34% A1/A- 0.3705/13/2024 -4,248.43 AA- 0.35 2,416.67 2.97% 501,108.43 5.31%3.625% 64952WDL4 250,000.00New York Life 01/22/2020 249,102.50 96.90 242,252.50 0.67% Aaa/AA+ 1.0601/22/2025 -7,557.53 AAA 1.01 2,208.33 2.08% 249,810.03 5.04%2.000% 88579YBH3 500,000.003M 09/07/2022 476,510.00 96.42 482,100.00 1.31% A3/BBB+ 1.1302/14/2025 -7,105.85 NR 1.07 3,805.56 4.04% 489,205.85 5.33%2.000% 30231GBH4 250,000.00Exxon Mobil 06/22/2020 272,752.50 97.95 244,867.50 0.68% Aa2/AA- 1.2203/19/2025 -10,970.58 NR 1.14 2,119.33 0.99% 255,838.08 4.74%2.992% 02/19/2025 59217GFC8 500,000.00MetLife 08/25/2022 499,380.00 98.56 492,805.00 1.33% Aa3/AA- 1.6508/25/2025 -6,854.00 AA- 1.54 7,087.50 4.09% 499,659.00 4.97%4.050% 037833BY5 500,000.00Apple 08/25/2022 496,085.00 97.60 487,990.00 1.33% Aaa/AA+ 2.1502/23/2026 -9,607.47 NR 1.94 5,777.78 3.49% 497,597.47 4.43%3.250% 808513BW4 250,000.00Charles Schwab 04/12/2022 249,407.50 95.08 237,710.00 0.67% A2/A- 3.2504/01/2027 -11,902.51 A 2.95 2,062.50 3.35% 249,612.51 4.95%3.300% 023135CF1 250,000.00Amazon 06/09/2022 248,005.00 97.12 242,795.00 0.66% A1/AA 3.2804/13/2027 -5,852.88 AA- 3.01 1,787.50 3.48% 248,647.88 4.25%3.300% 904764BS5 500,000.00Unilever Capital Corp 09/22/2023 495,475.00 102.66 513,300.00 1.32% A1/A+ 4.6909/08/2028 17,574.17 A 4.05 7,651.04 5.08% 495,725.83 4.24%4.875% 3,755,377.50 3,690,592.50 9.97% 1.92
3,737,221.28 3.48% 3,750,000.00 4.80% 38,940.86 -46,628.79 1.73Total Corporate Bonds Run Date: 1/5/2024 - 3:18 PM
Amortizing
17 54
Holdings Report
City of Lynwood December 31, 2023
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
LAIF
9819499 9,875,316.10LAIF 10/13/2023 9,875,316.10 1.00 9,875,316.10 26.35% NR/NR 0.0001/01/2024

0.00 NR 0.00 0.00 3.93% 9,875,316.10 3.93%3.930%
9,875,316.10 9,875,316.10 26.35% 0.00
9,875,316.10 3.93% 9,875,316.10 3.93% 0.00 0.00 0.00Total LAIF Money Market Funds
FGTXX 199,587.60Goldman Sachs Govt MMF 199,587.60 1.00 199,587.60 0.53% Aaa/AAA 0.0001/01/2024

0.00 NR 0.00 756.15 5.24% 199,587.60 5.24%5.243%
199,587.60 199,587.60 0.53% 0.00
199,587.60 5.24% 199,587.60 5.24% 756.15 0.00 0.00Total Money Market Funds U.S. Agencies
3130A0XE5 1,640,000.00FHLB 08/22/2022 1,636,785.60 99.60 1,633,456.40 4.37% Aaa/AA+ 0.1903/08/2024 -6,156.25 AAA 0.18 16,730.28 3.38% 1,639,612.65 5.28%3.250% 3133EKTV8 500,000.00FFCB 07/02/2019 499,900.00 98.41 492,030.00 1.33% Aaa/AA+ 0.5007/01/2024 -7,959.99 AAA 0.48 4,750.00 1.90% 499,989.99 5.17%1.900% 3133ENG20 1,000,000.00FFCB 08/18/2022 998,300.00 98.91 989,060.00 2.67% Aaa/AA+ 0.6208/15/2024 -10,408.90 AAA 0.59 12,466.67 3.39% 999,468.90 5.10%3.300% 3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 97.33 194,666.00 0.53% Aaa/AA+ 0.7910/16/2024 -5,075.77 AAA 0.76 625.00 1.67% 199,741.77 4.97%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 97.43 487,165.00 1.36% Aaa/AA+ 1.2003/14/2025 -24,040.94 AAA 1.15 3,529.51 0.49% 511,205.94 4.59%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 93.87 469,350.00 1.33% Aaa/AA+ 1.6208/12/2025 -30,650.00 AAA 1.58 923.61 0.50% 500,000.00 4.48%0.500% 02/18/2022 3130ASYR4 2,000,000.00FHLB 08/30/2022 2,000,000.00 99.28 1,985,640.00 5.34% Aaa/AA+ 1.6608/28/2025 -14,360.00 AAA 1.18 27,333.33 4.00% 2,000,000.00 4.45%4.000% 02/28/2024 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 93.35 466,760.00 1.33% Aaa/AA+ 1.7309/23/2025 -32,364.71 AAA 1.68 510.42 0.48% 499,124.71 4.41%0.375% 3130AXU63 1,000,000.00FHLB 11/17/2023 998,230.00 101.46 1,014,580.00 2.66% Aaa/AA+ 2.8811/17/2026 16,277.89 AAA 2.65 5,652.78 4.69% 998,302.11 4.08%4.625% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 91.73 458,640.00 1.33% Aaa/AA+ 3.0012/30/2026 -41,360.00 AAA 2.86 19.03 1.37% 500,000.00 4.34%1.370% 03/30/2024 3130AL5A8 500,000.00FHLB 02/09/2023 438,340.00 90.29 451,435.00 1.21% Aaa/AA+ 3.1602/26/2027 -531.99 AAA 3.02 1,562.50 4.25% 451,966.99 4.22%0.900% 02/26/2024 Run Date: 1/5/2024 - 3:18 PM
Amortizing
18 55
Holdings Report
City of Lynwood December 31, 2023
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. Agencies
3130ARTT8 600,000.00FHLB 05/19/2022 600,000.00 99.43 596,574.00 1.60% Aaa/AA+ 3.3805/19/2027 -3,426.00 AAA 1.64 2,450.00 3.50% 600,000.00 3.68%3.500% 02/19/2024 3130AT2L0 1,000,000.00FHLB 08/30/2022 1,000,000.00 98.09 980,860.00 2.67% Aaa/AA+ 3.6508/25/2027 -19,140.00 AAA 2.07 14,175.00 4.05% 1,000,000.00 4.62%4.050% 02/25/2024 3134GYUE0 1,000,000.00FHLMC 06/30/2023 1,000,000.00 99.83 998,280.00 2.67% Aaa/AA+ 4.5006/28/2028 -1,720.00 AAA 0.28 500.00 6.00% 1,000,000.00 6.04%6.000% 01/28/2024 3133EPZN8 1,000,000.00FFCB 10/24/2023 998,880.00 104.94 1,049,370.00 2.66% Aaa/AA+ 4.8210/24/2028 50,448.31 AAA 4.19 9,305.56 5.03% 998,921.69 3.86%5.000% 12,407,640.60 12,267,866.40 33.08% 2.24
12,398,334.76 3.50% 12,440,000.00 4.67% 100,533.69 -130,468.35 1.52Total U.S. Agencies U.S. Treasuries
91282CBV2 500,000.00U.S. Treasury 11/22/2021 496,308.59 98.63 493,125.00 1.33% Aaa/AA+ 0.2904/15/2024 -6,427.81 AAA 0.28 399.59 0.69% 499,552.81 5.19%0.375% 912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 96.99 969,920.00 2.69% Aaa/AA+ 0.9211/30/2024 -39,838.46 AAA 0.89 1,311.48 0.43% 1,009,758.46 4.90%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 94.19 470,955.00 1.33% Aaa/AA+ 1.4205/31/2025 -25,991.73 AAA 1.37 109.29 0.69% 496,946.73 4.53%0.250% 91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 92.89 928,910.00 2.66% Aaa/AA+ 1.9211/30/2025 -66,469.73 AAA 1.86 327.87 0.62% 995,379.73 4.28%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 92.41 462,050.00 1.33% Aaa/AA+ 2.0901/31/2026 -35,594.86 AAA 2.02 784.65 0.60% 497,644.86 4.22%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 92.34 923,440.00 2.67% Aaa/AA+ 2.4205/31/2026 -77,744.69 AAA 2.33 655.74 0.70% 1,001,184.69 4.11%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 91.89 459,455.00 1.32% Aaa/AA+ 2.7509/30/2026 -36,627.47 AAA 2.64 1,111.68 1.17% 496,082.47 4.02%0.875% 91282CGC9 630,000.00U.S. Treasury 03/03/2023 616,587.89 99.91 629,458.20 1.65% Aaa/AA+ 4.0012/31/2027 10,566.53 AAA 3.65 67.07 4.37% 618,891.67 3.90%3.875% 5,619,439.45 5,337,313.20 14.98% 1.96
5,615,441.42 1.07% 5,630,000.00 4.39% 4,767.37 -278,128.22 1.87Total U.S. Treasuries Run Date: 1/5/2024 - 3:18 PM
Amortizing
19 56
Holdings Report
City of Lynwood December 31, 2023
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
37,514,112.25 36,817,582.81 100.00% 1.69
186,170.91 -666,206.45 1.38 4.51% 37,483,789.26 3.24% 37,555,903.70TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 37,003,753.72 Run Date: 1/5/2024 - 3:18 PM
Amortizing
20 57
Maturity Report
City of Lynwood December 31, 2023
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 5.243% 1Goldman Sachs Govt MMF 199,587.60 01/01/2024 1 5.24% 199,587.60 199,587.60 9819499 3.930% 1LAIF 05/18/2020 9,875,316.10 01/01/2024 1 3.93% 9,875,316.10 9,875,316.10 89236TFS9 3.350% 1,767Toyota Motor Credit 02/28/2019 250,016.21 01/08/2024 8 3.03% 250,000.00 249,912.50 17312Q3B3 3.000% 1,767Citibank 02/28/2019 247,981.79 02/27/2024 58 3.05% 248,000.00 246,993.99 3130A0XE5 3.250% 496FHLB 08/22/2022 1,639,612.65 03/08/2024 68 3.38% 1,640,000.00 1,633,456.40 91282CBV2 0.375% 769U.S. Treasury 11/22/2021 499,552.81 04/15/2024 106 0.69% 500,000.00 493,125.00 46625HJX9 3.625% 1,693JPMorgan Chase & Co 05/13/2019 501,108.43 05/13/2024 134 2.97% 500,000.00 496,860.00 3133EKTV8 1.900% 1,643FFCB 07/02/2019 499,989.99 07/01/2024 183 1.90% 500,000.00 492,030.00 3133ENG20 3.300% 500FFCB 08/18/2022 999,468.90 08/15/2024 228 3.39% 1,000,000.00 989,060.00 32100LCB9 1.850% 1,570First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 257 1.85% 248,000.00 242,056.78 3133EK3B0 1.500% 1,536FFCB 10/17/2019 199,741.77 10/16/2024 290 1.67% 200,000.00 194,666.00 912828YV6 1.500% 892U.S. Treasury 07/22/2021 1,009,758.46 11/30/2024 335 0.43% 1,000,000.00 969,920.00 64952WDL4 2.000% 1,439New York Life 01/22/2020 249,810.03 01/22/2025 388 2.08% 250,000.00 242,252.50 88579YBH3 2.000% 4803M 09/07/2022 489,205.85 02/14/2025 411 4.04% 500,000.00 482,100.00 3130A4CH3 2.375% 1,180FHLB 10/07/2020 511,205.94 03/14/2025 439 0.49% 500,000.00 487,165.00 30231GBH4 2.992% 1,287Exxon Mobil 06/22/2020 255,838.08 03/19/2025 444 0.99% 250,000.00 244,867.50 912828ZT0 0.250% 915U.S. Treasury 06/29/2021 496,946.73 05/31/2025 517 0.69% 500,000.00 470,955.00 3136G4H71 0.500% 1,230FNMA 08/18/2020 500,000.00 08/12/2025 590 0.50% 500,000.00 469,350.00 27002YFE1 3.300% 500EagleBank 08/18/2022 248,000.00 08/18/2025 596 3.30% 248,000.00 241,291.38 59217GFC8 4.050% 493MetLife 08/25/2022 499,659.00 08/25/2025 603 4.09% 500,000.00 492,805.00 3130ASYR4 4.000% 488FHLB 08/30/2022 2,000,000.00 08/28/2025 606 4.00% 2,000,000.00 1,985,640.00 3137EAEX3 0.375% 1,167FHLMC 10/20/2020 499,124.71 09/23/2025 632 0.48% 500,000.00 466,760.00 05580AXF6 0.500% 1,192BMW Bank 09/25/2020 248,000.00 09/25/2025 634 0.50% 248,000.00 229,633.16 91282CAZ4 0.375% 892U.S. Treasury 07/22/2021 995,379.73 11/30/2025 700 0.62% 1,000,000.00 928,910.00 91282CBH3 0.375% 1,039U.S. Treasury 02/25/2021 497,644.86 01/31/2026 762 0.60% 500,000.00 462,050.00 037833BY5 3.250% 493Apple 08/25/2022 497,597.47 02/23/2026 785 3.49% 500,000.00 487,990.00 856283S98 1.000% 978State Bank of India 04/27/2021 248,000.00 04/27/2026 848 1.00% 248,000.00 226,971.16 91282CCF6 0.750% 892U.S. Treasury 07/22/2021 1,001,184.69 05/31/2026 882 0.70% 1,000,000.00 923,440.00 02007GUP6 3.350% 542Ally Bank 07/07/2022 248,000.00 07/07/2026 919 3.35% 248,000.00 239,019.04 89235MLC3 0.950% 899Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 927 0.95% 248,000.00 224,794.85 90348JR93 0.950% 872UBS Bank USA 08/11/2021 248,000.00 08/11/2026 954 0.95% 248,000.00 223,944.11 15721UFP9 4.750% 291CFBank 03/15/2023 248,000.00 09/15/2026 989 4.75% 248,000.00 245,409.75 32117BFR4 5.000% 283First National Bank 03/23/2023 248,000.00 09/23/2026 997 5.00% 248,000.00 247,014.98 91282CCZ2 0.875% 803U.S. Treasury 10/19/2021 496,082.47 09/30/2026 1,004 1.17% 500,000.00 459,455.00 3130AXU63 4.625% 44FHLB 11/17/2023 998,302.11 11/17/2026 1,052 4.69% 1,000,000.00 1,014,580.00 3130AQEC3 1.370% 731FHLB 12/30/2021 500,000.00 12/30/2026 1,095 1.37% 500,000.00 458,640.00 Run Date: 1/5/2024 - 3:18 PM
Amortizing
21 58
Maturity Report
City of Lynwood December 31, 2023
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
3130AL5A8 0.900% 325FHLB 02/09/2023 451,966.99 02/26/2027 1,153 4.25% 500,000.00 451,435.00 808513BW4 3.300% 628Charles Schwab 04/12/2022 249,612.51 04/01/2027 1,187 3.35% 250,000.00 237,710.00 023135CF1 3.300% 570Amazon 06/09/2022 248,647.88 04/13/2027 1,199 3.48% 250,000.00 242,795.00 3130ARTT8 3.500% 591FHLB 05/19/2022 600,000.00 05/19/2027 1,235 3.50% 600,000.00 596,574.00 910286GM9 4.550% 185United Fidelity Bank FSB 06/29/2023 247,603.63 06/29/2027 1,276 4.60% 248,000.00 242,441.40 254673L38 3.400% 542Discover Bank 07/07/2022 248,000.00 07/06/2027 1,283 3.40% 248,000.00 236,261.80 14042RST9 3.450% 542Capital One Bank NA 07/07/2022 248,000.00 07/07/2027 1,284 3.45% 248,000.00 236,653.38 14042TJD0 3.550% 515Capital One Bank USA 08/03/2022 248,000.00 08/03/2027 1,311 3.55% 248,000.00 237,290.11 61768ELH4 3.500% 514Morgan Stanley Private Bank 08/04/2022 248,000.00 08/04/2027 1,312 3.50% 248,000.00 237,160.33 87164XN93 3.500% 513Synchrony Bank 08/05/2022 248,000.00 08/05/2027 1,313 3.50% 248,000.00 237,499.29 02589ADQ2 3.450% 506American Express National Bank 08/12/2022 204,259.35 08/10/2027 1,318 3.56% 205,000.00 195,438.58 3130AT2L0 4.050% 488FHLB 08/30/2022 1,000,000.00 08/25/2027 1,333 4.05% 1,000,000.00 980,860.00 91282CGC9 3.875% 303U.S. Treasury 03/03/2023 618,891.67 12/31/2027 1,461 4.37% 630,000.00 629,458.20 32114VCH8 4.600% 291First National Bank of Michigan 03/15/2023 248,000.00 03/15/2028 1,536 4.60% 248,000.00 241,003.23 61690U3C2 4.800% 290Morgan Stanley Bank 03/16/2023 247,541.00 03/16/2028 1,537 4.85% 248,000.00 242,847.81 062119BK7 4.650% 286Bank Five Nine 03/20/2023 248,000.00 03/20/2028 1,541 4.65% 248,000.00 241,459.23 12547CBJ6 4.350% 228CIBC Bank USA 05/17/2023 247,516.01 05/16/2028 1,598 4.40% 248,000.00 238,379.97 05600XQE3 4.500% 228BMO Harris Bank NA 05/17/2023 247,518.18 05/16/2028 1,598 4.55% 248,000.00 244,783.67 3134GYUE0 6.000% 184FHLMC 06/30/2023 1,000,000.00 06/28/2028 1,641 6.00% 1,000,000.00 998,280.00 904764BS5 4.875% 100Unilever Capital Corp 09/22/2023 495,725.83 09/08/2028 1,713 5.08% 500,000.00 513,300.00 3133EPZN8 5.000% 68FFCB 10/24/2023 998,921.69 10/24/2028 1,759 5.03% 1,000,000.00 1,049,370.00 949764HK3 5.050% 54Wells Fargo Bank NA 11/07/2023 247,468.12 11/07/2028 1,773 5.10% 248,000.00 248,558.99 Net Maturities and Averages 37,483,789.26 617 3.24% 36,817,582.81 37,555,903.70 Run Date: 1/5/2024 - 3:18 PM
Amortizing
22 59
Income Earned Summary
City of Lynwood December 31, 2023
Fiscal Year To DateDecember 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
37,416.90 505,249.41
186,170.91 186,170.91
-171,210.56 -245,539.44
52,377.25 445,880.88
1,356.28 19,122.33

0.00 0.00
53,733.53
465,003.21
Run Date: 1/5/2024 - 3:18 PM
Amortizing
25 60
Income Earned
City of Lynwood December 01, 2023 - December 31, 2023
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
17312Q3B3 02/27/2024 248,000.00Citibank 247,972.06 247,981.79 1,956.82 0.00 2,588.71 631.89 9.73 641.62 32100LCB9 09/13/2024 248,000.00First Missouri State Bank 248,000.00 248,000.00 993.02 0.00 1,382.68 389.66 0.00 389.66 27002YFE1 08/18/2025 248,000.00EagleBank 248,000.00 248,000.00 291.48 672.66 313.91 695.09 0.00 695.09 05580AXF6 09/25/2025 248,000.00BMW Bank 248,000.00 248,000.00 227.62 0.00 332.93 105.31 0.00 105.31 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 237.81 0.00 448.44 210.63 0.00 210.63 02007GUP6 07/07/2026 248,000.00Ally Bank 248,000.00 248,000.00 3,345.96 0.00 4,051.57 705.61 0.00 705.61 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 897.22 0.00 1,097.32 200.10 0.00 200.10 90348JR93 08/11/2026 248,000.00UBS Bank USA 248,000.00 248,000.00 129.10 193.64 135.55 200.09 0.00 200.09 15721UFP9 09/15/2026 248,000.00CFBank 248,000.00 248,000.00 516.38 968.22 548.66 1,000.50 0.00 1,000.50 32117BFR4 09/23/2026 248,000.00First National Bank 248,000.00 248,000.00 271.78 1,019.18 305.75 1,053.15 0.00 1,053.15 910286GM9 06/29/2027 248,000.00United Fidelity Bank FSB 247,594.00 247,603.63 61.83 927.45 92.75 958.37 9.63 968.00 254673L38 07/06/2027 248,000.00Discover Bank 248,000.00 248,000.00 3,419.00 0.00 4,135.15 716.15 0.00 716.15 14042RST9 07/07/2027 248,000.00Capital One Bank NA 248,000.00 248,000.00 3,445.84 0.00 4,172.52 726.68 0.00 726.68 14042TJD0 08/03/2027 248,000.00Capital One Bank USA 248,000.00 248,000.00 2,894.47 0.00 3,642.20 747.73 0.00 747.73 61768ELH4 08/04/2027 248,000.00Morgan Stanley Private Bank 248,000.00 248,000.00 2,829.92 0.00 3,567.12 737.20 0.00 737.20 87164XN93 08/05/2027 248,000.00Synchrony Bank 248,000.00 248,000.00 2,806.14 0.00 3,543.34 737.20 0.00 737.20 02589ADQ2 08/10/2027 205,000.00American Express National Bank 204,241.93 204,259.35 2,189.57 0.00 2,790.25 600.68 17.42 618.10 32114VCH8 03/15/2028 248,000.00First National Bank of Michigan 248,000.00 248,000.00 500.08 937.64 531.33 968.89 0.00 968.89 61690U3C2 03/16/2028 248,000.00Morgan Stanley Bank 247,531.75 247,541.00 2,478.64 0.00 3,489.67 1,011.03 9.26 1,020.29 062119BK7 03/20/2028 248,000.00Bank Five Nine 248,000.00 248,000.00 347.54 947.84 379.13 979.43 0.00 979.43 05600XQE3 05/16/2028 248,000.00BMO Harris Bank NA 247,508.84 247,518.18 458.63 0.00 1,406.47 947.84 9.35 957.19 12547CBJ6 05/16/2028 248,000.00CIBC Bank USA 247,506.63 247,516.01 443.34 0.00 1,359.58 916.24 9.39 925.63 949764HK3 11/07/2028 248,000.00Wells Fargo Bank NA 247,458.82 247,468.12 823.50 1,029.37 857.81 1,063.68 9.30 1,072.98 Certificates of Deposit - Sub Total 5,661,000.00 5,657,814.02 5,657,888.09 31,565.69 6,696.00 41,172.84 16,303.15 74.07 16,377.22 Corporate Bonds
89236TFS9 01/08/2024 250,000.00Toyota Motor Credit 250,076.98 250,016.21 3,326.74 0.00 4,024.65 697.91 -60.77 637.14 46625HJX9 05/13/2024 500,000.00JPMorgan Chase & Co 501,368.75 501,108.43 906.25 0.00 2,416.67 1,510.42 -260.31 1,250.11 64952WDL4 01/22/2025 250,000.00New York Life 249,794.57 249,810.03 1,791.67 0.00 2,208.33 416.66 15.46 432.12 88579YBH3 02/14/2025 500,000.003M 488,375.53 489,205.85 2,972.22 0.00 3,805.56 833.34 830.32 1,663.66 30231GBH4 03/19/2025 250,000.00Exxon Mobil 256,251.27 255,838.08 1,496.00 0.00 2,119.33 623.33 -413.20 210.13 59217GFC8 08/25/2025 500,000.00MetLife 499,641.20 499,659.00 5,400.00 0.00 7,087.50 1,687.50 17.80 1,705.30 037833BY5 02/23/2026 500,000.00Apple 497,501.00 497,597.47 4,423.61 0.00 5,777.78 1,354.17 96.47 1,450.64 808513BW4 04/01/2027 250,000.00Charles Schwab 249,602.24 249,612.51 1,375.00 0.00 2,062.50 687.50 10.27 697.77 Run Date: 1/5/2024 - 3:18 PM
Amortizing
26 61
Income Earned
City of Lynwood December 01, 2023 - December 31, 2023
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
Corporate Bonds
023135CF1 04/13/2027 250,000.00Amazon 248,612.42 248,647.88 1,100.00 0.00 1,787.50 687.50 35.46 722.96 904764BS5 09/08/2028 500,000.00Unilever Capital Corp 495,647.28 495,725.83 5,619.79 0.00 7,651.04 2,031.25 78.54 2,109.79 Corporate Bonds - Sub Total 3,750,000.00 3,736,871.25 3,737,221.28 28,411.28 0.00 38,940.86 10,529.58 350.03 10,879.61 LAIF
9819499 01/01/2024 9,875,316.10LAIF 9,875,316.10 9,875,316.10 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total
9,875,316.10 9,875,316.10 9,875,316.10 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 01/01/2024 199,587.60Goldman Sachs Govt MMF 162,170.70 199,587.60 1,054.23 1,054.23 756.15 756.15 0.00 756.15 Money Market Funds - Sub Total
199,587.60 162,170.70 199,587.60 1,054.23 1,054.23 756.15 756.15 0.00 756.15 U.S. Agencies
3130A0XE5 03/08/2024 1,640,000.00FHLB 1,639,433.43 1,639,612.65 12,288.61 0.00 16,730.28 4,441.67 179.22 4,620.89 3133EKTV8 07/01/2024 500,000.00FFCB 499,988.27 499,989.99 3,958.33 0.00 4,750.00 791.67 1.72 793.39 3133ENG20 08/15/2024 1,000,000.00FFCB 999,395.40 999,468.90 9,716.67 0.00 12,466.67 2,750.00 73.50 2,823.50 3133EK3B0 10/16/2024 200,000.00FFCB 199,713.69 199,741.77 375.00 0.00 625.00 250.00 28.09 278.09 3130A4CH3 03/14/2025 500,000.00FHLB 512,008.22 511,205.94 2,539.93 0.00 3,529.51 989.58 -802.27 187.31 3136G4H71 08/12/2025 500,000.00FNMA 500,000.00 500,000.00 715.28 0.00 923.61 208.33 0.00 208.33 3130ASYR4 08/28/2025 2,000,000.00FHLB 2,000,000.00 2,000,000.00 20,666.67 0.00 27,333.33 6,666.66 0.00 6,666.66 3137EAEX3 09/23/2025 500,000.00FHLMC 499,081.09 499,124.71 354.17 0.00 510.42 156.25 43.62 199.87 3130AXU63 11/17/2026 1,000,000.00FHLB 998,251.31 998,302.11 1,798.61 0.00 5,652.78 3,854.17 50.81 3,904.98 3130AQEC3 12/30/2026 500,000.00FHLB 500,000.00 500,000.00 2,873.19 0.00 19.03 -2,854.16 0.00 -2,854.16 3130AL5A8 02/26/2027 500,000.00FHLB 450,655.07 451,966.99 1,187.50 0.00 1,562.50 375.00 1,311.91 1,686.91 3130ARTT8 05/19/2027 600,000.00FHLB 600,000.00 600,000.00 700.00 0.00 2,450.00 1,750.00 0.00 1,750.00 3130AT2L0 08/25/2027 1,000,000.00FHLB 1,000,000.00 1,000,000.00 10,800.00 0.00 14,175.00 3,375.00 0.00 3,375.00 3134GYUE0 06/28/2028 1,000,000.00FHLMC 1,000,000.00 1,000,000.00 25,166.67 29,666.67 500.00 5,000.00 0.00 5,000.00 3133EPZN8 10/24/2028 1,000,000.00FFCB 998,902.40 998,921.69 5,138.89 0.00 9,305.56 4,166.67 19.29 4,185.96 U.S. Agencies - Sub Total
12,440,000.00 12,397,428.87 12,398,334.76 98,279.52 29,666.67 100,533.69 31,920.84 905.89 32,826.73 U.S. Treasuries
91282CBV2 04/15/2024 500,000.00U.S. Treasury 499,422.03 499,552.81 240.78 0.00 399.59 158.81 130.78 289.59 912828YV6 11/30/2024 1,000,000.00U.S. Treasury 1,010,661.48 1,009,758.46 40.98 0.00 1,311.48 1,270.50 -903.02 367.48 Run Date: 1/5/2024 - 3:18 PM
Amortizing
27 62
Income Earned
City of Lynwood December 01, 2023 - December 31, 2023
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
U.S. Treasuries
912828ZT0 05/31/2025 500,000.00U.S. Treasury 496,763.65 496,946.73 3.42 0.00 109.29 105.87 183.08 288.95 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 995,175.12 995,379.73 10.25 0.00 327.87 317.62 204.61 522.23 91282CBH3 01/31/2026 500,000.00U.S. Treasury 497,549.05 497,644.86 626.70 0.00 784.65 157.95 95.81 253.76 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,001,226.33 1,001,184.69 20.49 0.00 655.74 635.25 -41.64 593.61 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 495,961.51 496,082.47 741.12 0.00 1,111.68 370.56 120.96 491.52 91282CGC9 12/31/2027 630,000.00U.S. Treasury 618,655.97 618,891.67 10,216.10 0.00 67.07 -10,149.03 235.70 -9,913.33 U.S. Treasuries - Sub Total 5,630,000.00 5,615,415.14 5,615,441.42 11,899.84 0.00 4,767.37 -7,132.47 26.28 -7,106.19 37,555,903.70Grand Total 37,445,016.07 37,483,789.26 171,210.56 37,416.90 186,170.91 52,377.25 1,356.28 53,733.53 Run Date: 1/5/2024 - 3:18 PM
Amortizing
28 63
Realized Gains and Losses
City of Lynwood December 01, 2023 - December 31, 2023
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: 1/5/2024 - 3:18 PM
29 64
Transaction Report
City of Lynwood December 01, 2023 - December 31, 2023
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 12/04/2023 Interest FGTXX GSGF - - 1,054.23 - - 12/07/2023 Interest 949764HK3 WFC 5.05 11/07/28 11/07/2028 - - 1,029.37 - - 12/11/2023 Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 193.64 - - 12/15/2023 Interest 32114VCH8 FNBMIC 4.6 03/15/28 03/15/2028 - - 937.64 - - 12/15/2023 Interest 15721UFP9 CFBK 4 3/4 09/15/26 09/15/2026 - - 968.22 - - 12/18/2023 Interest 27002YFE1 EGBN 3.3 08/18/25 08/18/2025 - - 672.66 - - 12/20/2023 Interest 062119BK7 FBFCEN 4.65 03/20/28 03/20/2028 - - 947.84 - - 12/26/2023 Interest 32117BFR4 FNLC 5 09/23/26 09/23/2026 - - 1,019.18 - - 12/28/2023 Interest 3134GYUE0 FHLMC 6 06/28/28 06/28/2028 - - 29,666.67 - - 12/29/2023 Interest 910286GM9 FFED 4.55 06/29/27 06/29/2027 - - 927.45 - - Grand Total: 0.00 0.00 37,416.90 0.00 0.00
Run Date: 1/5/2024 - 3:18 PM
Amortizing
30 65
Run Date: 1/5/2024 - 3:14 PM
Amortizing Page 2
Portfolio Summary
City of Lynwood 12/31/2023

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)

1.60%

1.80%

2.00%

2.20%

2.40%

2.60%

2.80%

3.00%

3.20%

3.40%

0.5%

10.0%

15.0%

15.1%

26.3%

33.1%
MMF
CORP
TSY
CD
LAIF
AGY
100%75%50%25%0%

43.1%

18.7%

14.6%

11.3% 12.3%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%

41.4%

1.3%

0.7%

4.0%

1.3%

0.7%

50.6%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 66
Run Date: 1/5/2024 - 3:14 PM
Amortizing Page 3
Investment Policy Compliance
City of Lynwood 12/31/2023
Category Book Value % of Portfolio Allowed by Policy In ComplianceReserved row US Treasuries 5,615,441.42 14.98% 100% Yes
US Federal Agencies 12,398,334.76 33.08% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 9,875,316.10 26.35% $75,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 199,587.60 0.53% 20% Yes
Negotiable Certificates of Deposit 5,657,888.09 15.09% 30% Yes Corporate Obligations 3,737,221.28 9.97% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 37,483,789.26 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.69 Less than 3.0 Years Yes
Liquidity 43.14% 30% Under 365 Days Yes
Ratings Yes
3 67
Run Date: 1/5/2024 - 3:14 PM
Amortizing Page 10
Top 40 Issuer Allocations
City of Lynwood 12/31/2023

0.5%

0.7%

1.3%

4.0%

7.2%

15.0%

20.5%

26.3%
Goldman Sachs Govt MMF
American Express National Bank
Wells Fargo
CIBC Bank USA
BMO Harris Bank NA
Morgan Stanley Bank
United Fidelity Bank FSB
Citigroup
Bank Five Nine
Morgan Stanley Private Bank
Toyota Financial Savings Bank
Synchrony Bank
State Bank of India
UBS Bank USA
Ally Bank
CFBank
Capital One Bank USA
Capital One Bank NA
BMW Bank
First National Bank of Michigan
First National Bank
First Missouri State Bank
EagleBank
Discover Bank
Amazon
Charles Schwab
New York Life
Toyota
Exxon Mobil
3M
Unilever Capital Corp
Apple
MetLife
FNMA
JPMorgan
FHLMC
FFCB
U.S. Treasury
FHLB
LAIF
30%25%20%15%10%5%0%
10 68
Portfolio Summary
City of Lynwood December 31, 2023
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 5,661,000.00 5,657,888.09 15.09 3.41 1,123 5,446,907.01 Corporate Bonds 3,750,000.00 3,737,221.28 9.97 3.48 700 3,690,592.50 LAIF 9,875,316.10 9,875,316.10 26.35 3.93 1 9,875,316.10 Money Market Funds 199,587.60 199,587.60 0.53 5.24 1 199,587.60 U.S. Agencies 12,440,000.00 12,398,334.76 33.08 3.50 817 12,267,866.40 U.S. Treasuries 5,630,000.00 5,615,441.42 14.98 1.07 714 5,337,313.20 37,483,789.26 100.00 617 36,817,582.81 3.24 37,555,903.70 Investments
December 31 Month Ending Fiscal Year To DateTotal Earnings Current Year 53,733.53 465,003.21
Average Daily Balance 37,453,459.44 37,270,917.57
Book Rate of Return 1.69% 2.47%
Run Date: 1/5/2024 - 3:17 PM
Amortizing
15 69
Holdings Report
City of Lynwood December 31, 2023
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
17312Q3B3 248,000.00Citibank 02/28/2019 247,427.12 99.59 246,993.99 0.66% NR/NR 0.1602/27/2024 -987.80 NR 0.16 2,588.71 3.05% 247,981.79 5.54%3.000% 32100LCB9 248,000.00First Missouri State Bank 09/13/2019 248,000.00 97.60 242,056.78 0.66% NR/NR 0.7009/13/2024 -5,943.22 NR 0.69 1,382.68 1.85% 248,000.00 5.37%1.850% 27002YFE1 248,000.00EagleBank 08/18/2022 248,000.00 97.29 241,291.38 0.66% NR/NR 1.6308/18/2025 -6,708.62 NR 1.56 313.91 3.30% 248,000.00 5.04%3.300% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 92.59 229,633.16 0.66% NR/NR 1.7409/25/2025 -18,366.84 NR 1.73 332.93 0.50% 248,000.00 5.01%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 91.52 226,971.16 0.66% NR/NR 2.3204/27/2026 -21,028.84 NR 2.29 448.44 1.00% 248,000.00 4.91%1.000% 02007GUP6 248,000.00Ally Bank 07/07/2022 248,000.00 96.38 239,019.04 0.66% NR/NR 2.5207/07/2026 -8,980.96 NR 2.36 4,051.57 3.35% 248,000.00 4.90%3.350% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 90.64 224,794.85 0.66% NR/NR 2.5407/15/2026 -23,205.15 NR 2.50 1,097.32 0.95% 248,000.00 4.92%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 90.30 223,944.11 0.66% NR/NR 2.6108/11/2026 -24,055.89 NR 2.57 135.55 0.95% 248,000.00 4.93%0.950% 15721UFP9 248,000.00CFBank 03/15/2023 248,000.00 98.96 245,409.75 0.66% NR/NR 2.7109/15/2026 -2,590.25 NR 2.48 548.66 4.75% 248,000.00 5.17%4.750% 32117BFR4 248,000.00First National Bank 03/23/2023 248,000.00 99.60 247,014.98 0.66% NR/NR 2.7309/23/2026 -985.02 NR 2.49 305.75 5.00% 248,000.00 5.16%5.000%
910286GM9 248,000.00United Fidelity Bank FSB 06/29/2023 247,546.16 97.76 242,441.40 0.66% NR/NR 3.5006/29/2027 -5,162.22 NR 3.20 92.75 4.60% 247,603.63 5.26%4.550% 254673L38 248,000.00Discover Bank 07/07/2022 248,000.00 95.27 236,261.80 0.66% NR/NR 3.5207/06/2027 -11,738.20 NR 3.24 4,135.15 3.40% 248,000.00 4.88%3.400% 14042RST9 248,000.00Capital One Bank NA 07/07/2022 248,000.00 95.42 236,653.38 0.66% NR/NR 3.5207/07/2027 -11,346.62 NR 3.24 4,172.52 3.45% 248,000.00 4.88%3.450% 14042TJD0 248,000.00Capital One Bank USA 08/03/2022 248,000.00 95.68 237,290.11 0.66% NR/NR 3.5908/03/2027 -10,709.89 NR 3.30 3,642.20 3.55% 248,000.00 4.88%3.550% 61768ELH4 248,000.00Morgan Stanley Private Bank 08/04/2022 248,000.00 95.63 237,160.33 0.66% NR/NR 3.5908/04/2027 -10,839.67 NR 3.31 3,567.12 3.50% 248,000.00 4.84%3.500% 87164XN93 248,000.00Synchrony Bank 08/05/2022 248,000.00 95.77 237,499.29 0.66% NR/NR 3.6008/05/2027 -10,500.71 NR 3.31 3,543.34 3.50% 248,000.00 4.84%3.500% 02589ADQ2 205,000.00American Express National Bank 08/12/2022 203,975.00 95.34 195,438.58 0.54% NR/NR 3.6108/10/2027 -8,820.77 NR 3.33 2,790.25 3.56% 204,259.35 4.87%3.450% 32114VCH8 248,000.00First National Bank of Michigan 03/15/2023 248,000.00 97.18 241,003.23 0.66% NR/NR 4.2103/15/2028 -6,996.77 NR 3.74 531.33 4.60% 248,000.00 5.35%4.600% 61690U3C2 248,000.00Morgan Stanley Bank 03/16/2023 247,454.40 97.92 242,847.81 0.66% NR/NR 4.2103/16/2028 -4,693.19 NR 3.72 3,489.67 4.85% 247,541.00 5.36%4.800% Run Date: 1/5/2024 - 3:18 PM
Amortizing
16 70
Holdings Report
City of Lynwood December 31, 2023
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
062119BK7 248,000.00Bank Five Nine 03/20/2023 248,000.00 97.36 241,459.23 0.66% NR/NR 4.2203/20/2028 -6,540.77 NR 3.75 379.13 4.65% 248,000.00 5.35%4.650% 12547CBJ6 248,000.00CIBC Bank USA 05/17/2023 247,446.96 96.12 238,379.97 0.66% NR/NR 4.3805/16/2028 -9,136.05 NR 3.93 1,359.58 4.40% 247,516.01 5.35%4.350% 05600XQE3 248,000.00BMO Harris Bank NA 05/17/2023 247,449.44 98.70 244,783.67 0.66% NR/NR 4.3805/16/2028 -2,734.51 NR 3.92 1,406.47 4.55% 247,518.18 4.83%4.500% 949764HK3 248,000.00Wells Fargo Bank NA 11/07/2023 247,451.92 100.23 248,558.99 0.66% NR/NR 4.8611/07/2028 1,090.87 NR 4.23 857.81 5.10% 247,468.12 5.00%5.050% 5,656,751.00 5,446,907.01 15.09% 3.08
5,657,888.09 3.41% 5,661,000.00 5.07% 41,172.84 -210,981.09 2.82Total Certificates of Deposit Corporate Bonds
89236TFS9 250,000.00Toyota Motor Credit 02/28/2019 253,545.00 99.97 249,912.50 0.67% A1/A+ 0.0201/08/2024 -103.71 A+ 0.01 4,024.65 3.03% 250,016.21 4.44%3.350% 46625HJX9 500,000.00JPMorgan Chase & Co 05/13/2019 515,115.00 99.37 496,860.00 1.34% A1/A- 0.3705/13/2024 -4,248.43 AA- 0.35 2,416.67 2.97% 501,108.43 5.31%3.625% 64952WDL4 250,000.00New York Life 01/22/2020 249,102.50 96.90 242,252.50 0.67% Aaa/AA+ 1.0601/22/2025 -7,557.53 AAA 1.01 2,208.33 2.08% 249,810.03 5.04%2.000% 88579YBH3 500,000.003M 09/07/2022 476,510.00 96.42 482,100.00 1.31% A3/BBB+ 1.1302/14/2025 -7,105.85 NR 1.07 3,805.56 4.04% 489,205.85 5.33%2.000% 30231GBH4 250,000.00Exxon Mobil 06/22/2020 272,752.50 97.95 244,867.50 0.68% Aa2/AA- 1.2203/19/2025 -10,970.58 NR 1.14 2,119.33 0.99% 255,838.08 4.74%2.992% 02/19/2025 59217GFC8 500,000.00MetLife 08/25/2022 499,380.00 98.56 492,805.00 1.33% Aa3/AA- 1.6508/25/2025 -6,854.00 AA- 1.54 7,087.50 4.09% 499,659.00 4.97%4.050% 037833BY5 500,000.00Apple 08/25/2022 496,085.00 97.60 487,990.00 1.33% Aaa/AA+ 2.1502/23/2026 -9,607.47 NR 1.94 5,777.78 3.49% 497,597.47 4.43%3.250% 808513BW4 250,000.00Charles Schwab 04/12/2022 249,407.50 95.08 237,710.00 0.67% A2/A- 3.2504/01/2027 -11,902.51 A 2.95 2,062.50 3.35% 249,612.51 4.95%3.300% 023135CF1 250,000.00Amazon 06/09/2022 248,005.00 97.12 242,795.00 0.66% A1/AA 3.2804/13/2027 -5,852.88 AA- 3.01 1,787.50 3.48% 248,647.88 4.25%3.300% 904764BS5 500,000.00Unilever Capital Corp 09/22/2023 495,475.00 102.66 513,300.00 1.32% A1/A+ 4.6909/08/2028 17,574.17 A 4.05 7,651.04 5.08% 495,725.83 4.24%4.875% 3,755,377.50 3,690,592.50 9.97% 1.92
3,737,221.28 3.48% 3,750,000.00 4.80% 38,940.86 -46,628.79 1.73Total Corporate Bonds Run Date: 1/5/2024 - 3:18 PM
Amortizing
17 71
Holdings Report
City of Lynwood December 31, 2023
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
LAIF
9819499 9,875,316.10LAIF 10/13/2023 9,875,316.10 1.00 9,875,316.10 26.35% NR/NR 0.0001/01/2024

0.00 NR 0.00 756.15 5.24% 199,587.60 5.24%5.243%
199,587.60 199,587.60 0.53% 0.00
199,587.60 5.24% 199,587.60 5.24% 756.15 0.00 0.00Total Money Market Funds U.S. Agencies
3130A0XE5 1,640,000.00FHLB 08/22/2022 1,636,785.60 99.60 1,633,456.40 4.37% Aaa/AA+ 0.1903/08/2024 -6,156.25 AAA 0.18 16,730.28 3.38% 1,639,612.65 5.28%3.250% 3133EKTV8 500,000.00FFCB 07/02/2019 499,900.00 98.41 492,030.00 1.33% Aaa/AA+ 0.5007/01/2024 -7,959.99 AAA 0.48 4,750.00 1.90% 499,989.99 5.17%1.900% 3133ENG20 1,000,000.00FFCB 08/18/2022 998,300.00 98.91 989,060.00 2.67% Aaa/AA+ 0.6208/15/2024 -10,408.90 AAA 0.59 12,466.67 3.39% 999,468.90 5.10%3.300% 3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 97.33 194,666.00 0.53% Aaa/AA+ 0.7910/16/2024 -5,075.77 AAA 0.76 625.00 1.67% 199,741.77 4.97%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 97.43 487,165.00 1.36% Aaa/AA+ 1.2003/14/2025 -24,040.94 AAA 1.15 3,529.51 0.49% 511,205.94 4.59%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 93.87 469,350.00 1.33% Aaa/AA+ 1.6208/12/2025 -30,650.00 AAA 1.58 923.61 0.50% 500,000.00 4.48%0.500% 02/18/2022 3130ASYR4 2,000,000.00FHLB 08/30/2022 2,000,000.00 99.28 1,985,640.00 5.34% Aaa/AA+ 1.6608/28/2025 -14,360.00 AAA 1.18 27,333.33 4.00% 2,000,000.00 4.45%4.000% 02/28/2024 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 93.35 466,760.00 1.33% Aaa/AA+ 1.7309/23/2025 -32,364.71 AAA 1.68 510.42 0.48% 499,124.71 4.41%0.375% 3130AXU63 1,000,000.00FHLB 11/17/2023 998,230.00 101.46 1,014,580.00 2.66% Aaa/AA+ 2.8811/17/2026 16,277.89 AAA 2.65 5,652.78 4.69% 998,302.11 4.08%4.625% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 91.73 458,640.00 1.33% Aaa/AA+ 3.0012/30/2026 -41,360.00 AAA 2.86 19.03 1.37% 500,000.00 4.34%1.370% 03/30/2024 3130AL5A8 500,000.00FHLB 02/09/2023 438,340.00 90.29 451,435.00 1.21% Aaa/AA+ 3.1602/26/2027 -531.99 AAA 3.02 1,562.50 4.25% 451,966.99 4.22%0.900% 02/26/2024 Run Date: 1/5/2024 - 3:18 PM
Amortizing
18 72
Holdings Report
City of Lynwood December 31, 2023
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. Agencies
3130ARTT8 600,000.00FHLB 05/19/2022 600,000.00 99.43 596,574.00 1.60% Aaa/AA+ 3.3805/19/2027 -3,426.00 AAA 1.64 2,450.00 3.50% 600,000.00 3.68%3.500% 02/19/2024 3130AT2L0 1,000,000.00FHLB 08/30/2022 1,000,000.00 98.09 980,860.00 2.67% Aaa/AA+ 3.6508/25/2027 -19,140.00 AAA 2.07 14,175.00 4.05% 1,000,000.00 4.62%4.050% 02/25/2024 3134GYUE0 1,000,000.00FHLMC 06/30/2023 1,000,000.00 99.83 998,280.00 2.67% Aaa/AA+ 4.5006/28/2028 -1,720.00 AAA 0.28 500.00 6.00% 1,000,000.00 6.04%6.000% 01/28/2024 3133EPZN8 1,000,000.00FFCB 10/24/2023 998,880.00 104.94 1,049,370.00 2.66% Aaa/AA+ 4.8210/24/2028 50,448.31 AAA 4.19 9,305.56 5.03% 998,921.69 3.86%5.000% 12,407,640.60 12,267,866.40 33.08% 2.24
12,398,334.76 3.50% 12,440,000.00 4.67% 100,533.69 -130,468.35 1.52Total U.S. Agencies U.S. Treasuries
91282CBV2 500,000.00U.S. Treasury 11/22/2021 496,308.59 98.63 493,125.00 1.33% Aaa/AA+ 0.2904/15/2024 -6,427.81 AAA 0.28 399.59 0.69% 499,552.81 5.19%0.375% 912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 96.99 969,920.00 2.69% Aaa/AA+ 0.9211/30/2024 -39,838.46 AAA 0.89 1,311.48 0.43% 1,009,758.46 4.90%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 94.19 470,955.00 1.33% Aaa/AA+ 1.4205/31/2025 -25,991.73 AAA 1.37 109.29 0.69% 496,946.73 4.53%0.250% 91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 92.89 928,910.00 2.66% Aaa/AA+ 1.9211/30/2025 -66,469.73 AAA 1.86 327.87 0.62% 995,379.73 4.28%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 92.41 462,050.00 1.33% Aaa/AA+ 2.0901/31/2026 -35,594.86 AAA 2.02 784.65 0.60% 497,644.86 4.22%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 92.34 923,440.00 2.67% Aaa/AA+ 2.4205/31/2026 -77,744.69 AAA 2.33 655.74 0.70% 1,001,184.69 4.11%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 91.89 459,455.00 1.32% Aaa/AA+ 2.7509/30/2026 -36,627.47 AAA 2.64 1,111.68 1.17% 496,082.47 4.02%0.875% 91282CGC9 630,000.00U.S. Treasury 03/03/2023 616,587.89 99.91 629,458.20 1.65% Aaa/AA+ 4.0012/31/2027 10,566.53 AAA 3.65 67.07 4.37% 618,891.67 3.90%3.875% 5,619,439.45 5,337,313.20 14.98% 1.96
5,615,441.42 1.07% 5,630,000.00 4.39% 4,767.37 -278,128.22 1.87Total U.S. Treasuries Run Date: 1/5/2024 - 3:18 PM
Amortizing
19 73
Holdings Report
City of Lynwood December 31, 2023
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
37,514,112.25 36,817,582.81 100.00% 1.69
186,170.91 -666,206.45 1.38 4.51% 37,483,789.26 3.24% 37,555,903.70TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 37,003,753.72 Run Date: 1/5/2024 - 3:18 PM
Amortizing
20 74
Maturity Report
City of Lynwood December 31, 2023
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 5.243% 1Goldman Sachs Govt MMF 199,587.60 01/01/2024 1 5.24% 199,587.60 199,587.60 9819499 3.930% 1LAIF 05/18/2020 9,875,316.10 01/01/2024 1 3.93% 9,875,316.10 9,875,316.10 89236TFS9 3.350% 1,767Toyota Motor Credit 02/28/2019 250,016.21 01/08/2024 8 3.03% 250,000.00 249,912.50 17312Q3B3 3.000% 1,767Citibank 02/28/2019 247,981.79 02/27/2024 58 3.05% 248,000.00 246,993.99 3130A0XE5 3.250% 496FHLB 08/22/2022 1,639,612.65 03/08/2024 68 3.38% 1,640,000.00 1,633,456.40 91282CBV2 0.375% 769U.S. Treasury 11/22/2021 499,552.81 04/15/2024 106 0.69% 500,000.00 493,125.00 46625HJX9 3.625% 1,693JPMorgan Chase & Co 05/13/2019 501,108.43 05/13/2024 134 2.97% 500,000.00 496,860.00 3133EKTV8 1.900% 1,643FFCB 07/02/2019 499,989.99 07/01/2024 183 1.90% 500,000.00 492,030.00 3133ENG20 3.300% 500FFCB 08/18/2022 999,468.90 08/15/2024 228 3.39% 1,000,000.00 989,060.00 32100LCB9 1.850% 1,570First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 257 1.85% 248,000.00 242,056.78 3133EK3B0 1.500% 1,536FFCB 10/17/2019 199,741.77 10/16/2024 290 1.67% 200,000.00 194,666.00 912828YV6 1.500% 892U.S. Treasury 07/22/2021 1,009,758.46 11/30/2024 335 0.43% 1,000,000.00 969,920.00 64952WDL4 2.000% 1,439New York Life 01/22/2020 249,810.03 01/22/2025 388 2.08% 250,000.00 242,252.50 88579YBH3 2.000% 4803M 09/07/2022 489,205.85 02/14/2025 411 4.04% 500,000.00 482,100.00 3130A4CH3 2.375% 1,180FHLB 10/07/2020 511,205.94 03/14/2025 439 0.49% 500,000.00 487,165.00 30231GBH4 2.992% 1,287Exxon Mobil 06/22/2020 255,838.08 03/19/2025 444 0.99% 250,000.00 244,867.50 912828ZT0 0.250% 915U.S. Treasury 06/29/2021 496,946.73 05/31/2025 517 0.69% 500,000.00 470,955.00 3136G4H71 0.500% 1,230FNMA 08/18/2020 500,000.00 08/12/2025 590 0.50% 500,000.00 469,350.00 27002YFE1 3.300% 500EagleBank 08/18/2022 248,000.00 08/18/2025 596 3.30% 248,000.00 241,291.38 59217GFC8 4.050% 493MetLife 08/25/2022 499,659.00 08/25/2025 603 4.09% 500,000.00 492,805.00 3130ASYR4 4.000% 488FHLB 08/30/2022 2,000,000.00 08/28/2025 606 4.00% 2,000,000.00 1,985,640.00 3137EAEX3 0.375% 1,167FHLMC 10/20/2020 499,124.71 09/23/2025 632 0.48% 500,000.00 466,760.00 05580AXF6 0.500% 1,192BMW Bank 09/25/2020 248,000.00 09/25/2025 634 0.50% 248,000.00 229,633.16 91282CAZ4 0.375% 892U.S. Treasury 07/22/2021 995,379.73 11/30/2025 700 0.62% 1,000,000.00 928,910.00 91282CBH3 0.375% 1,039U.S. Treasury 02/25/2021 497,644.86 01/31/2026 762 0.60% 500,000.00 462,050.00 037833BY5 3.250% 493Apple 08/25/2022 497,597.47 02/23/2026 785 3.49% 500,000.00 487,990.00 856283S98 1.000% 978State Bank of India 04/27/2021 248,000.00 04/27/2026 848 1.00% 248,000.00 226,971.16 91282CCF6 0.750% 892U.S. Treasury 07/22/2021 1,001,184.69 05/31/2026 882 0.70% 1,000,000.00 923,440.00 02007GUP6 3.350% 542Ally Bank 07/07/2022 248,000.00 07/07/2026 919 3.35% 248,000.00 239,019.04 89235MLC3 0.950% 899Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 927 0.95% 248,000.00 224,794.85 90348JR93 0.950% 872UBS Bank USA 08/11/2021 248,000.00 08/11/2026 954 0.95% 248,000.00 223,944.11 15721UFP9 4.750% 291CFBank 03/15/2023 248,000.00 09/15/2026 989 4.75% 248,000.00 245,409.75 32117BFR4 5.000% 283First National Bank 03/23/2023 248,000.00 09/23/2026 997 5.00% 248,000.00 247,014.98 91282CCZ2 0.875% 803U.S. Treasury 10/19/2021 496,082.47 09/30/2026 1,004 1.17% 500,000.00 459,455.00 3130AXU63 4.625% 44FHLB 11/17/2023 998,302.11 11/17/2026 1,052 4.69% 1,000,000.00 1,014,580.00 3130AQEC3 1.370% 731FHLB 12/30/2021 500,000.00 12/30/2026 1,095 1.37% 500,000.00 458,640.00 Run Date: 1/5/2024 - 3:18 PM
Amortizing
21 75
Maturity Report
City of Lynwood December 31, 2023
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
3130AL5A8 0.900% 325FHLB 02/09/2023 451,966.99 02/26/2027 1,153 4.25% 500,000.00 451,435.00 808513BW4 3.300% 628Charles Schwab 04/12/2022 249,612.51 04/01/2027 1,187 3.35% 250,000.00 237,710.00 023135CF1 3.300% 570Amazon 06/09/2022 248,647.88 04/13/2027 1,199 3.48% 250,000.00 242,795.00 3130ARTT8 3.500% 591FHLB 05/19/2022 600,000.00 05/19/2027 1,235 3.50% 600,000.00 596,574.00 910286GM9 4.550% 185United Fidelity Bank FSB 06/29/2023 247,603.63 06/29/2027 1,276 4.60% 248,000.00 242,441.40 254673L38 3.400% 542Discover Bank 07/07/2022 248,000.00 07/06/2027 1,283 3.40% 248,000.00 236,261.80 14042RST9 3.450% 542Capital One Bank NA 07/07/2022 248,000.00 07/07/2027 1,284 3.45% 248,000.00 236,653.38 14042TJD0 3.550% 515Capital One Bank USA 08/03/2022 248,000.00 08/03/2027 1,311 3.55% 248,000.00 237,290.11 61768ELH4 3.500% 514Morgan Stanley Private Bank 08/04/2022 248,000.00 08/04/2027 1,312 3.50% 248,000.00 237,160.33 87164XN93 3.500% 513Synchrony Bank 08/05/2022 248,000.00 08/05/2027 1,313 3.50% 248,000.00 237,499.29 02589ADQ2 3.450% 506American Express National Bank 08/12/2022 204,259.35 08/10/2027 1,318 3.56% 205,000.00 195,438.58 3130AT2L0 4.050% 488FHLB 08/30/2022 1,000,000.00 08/25/2027 1,333 4.05% 1,000,000.00 980,860.00 91282CGC9 3.875% 303U.S. Treasury 03/03/2023 618,891.67 12/31/2027 1,461 4.37% 630,000.00 629,458.20 32114VCH8 4.600% 291First National Bank of Michigan 03/15/2023 248,000.00 03/15/2028 1,536 4.60% 248,000.00 241,003.23 61690U3C2 4.800% 290Morgan Stanley Bank 03/16/2023 247,541.00 03/16/2028 1,537 4.85% 248,000.00 242,847.81 062119BK7 4.650% 286Bank Five Nine 03/20/2023 248,000.00 03/20/2028 1,541 4.65% 248,000.00 241,459.23 12547CBJ6 4.350% 228CIBC Bank USA 05/17/2023 247,516.01 05/16/2028 1,598 4.40% 248,000.00 238,379.97 05600XQE3 4.500% 228BMO Harris Bank NA 05/17/2023 247,518.18 05/16/2028 1,598 4.55% 248,000.00 244,783.67 3134GYUE0 6.000% 184FHLMC 06/30/2023 1,000,000.00 06/28/2028 1,641 6.00% 1,000,000.00 998,280.00 904764BS5 4.875% 100Unilever Capital Corp 09/22/2023 495,725.83 09/08/2028 1,713 5.08% 500,000.00 513,300.00 3133EPZN8 5.000% 68FFCB 10/24/2023 998,921.69 10/24/2028 1,759 5.03% 1,000,000.00 1,049,370.00 949764HK3 5.050% 54Wells Fargo Bank NA 11/07/2023 247,468.12 11/07/2028 1,773 5.10% 248,000.00 248,558.99 Net Maturities and Averages 37,483,789.26 617 3.24% 36,817,582.81 37,555,903.70 Run Date: 1/5/2024 - 3:18 PM
Amortizing
22 76
Income Earned Summary
City of Lynwood December 31, 2023
Fiscal Year To DateDecember 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
37,416.90 505,249.41
186,170.91 186,170.91
-171,210.56 -245,539.44
52,377.25 445,880.88
1,356.28 19,122.33

0.00 0.00
53,733.53
465,003.21
Run Date: 1/5/2024 - 3:18 PM
Amortizing
25 77
Income Earned
City of Lynwood December 01, 2023 - December 31, 2023
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
17312Q3B3 02/27/2024 248,000.00Citibank 247,972.06 247,981.79 1,956.82 0.00 2,588.71 631.89 9.73 641.62 32100LCB9 09/13/2024 248,000.00First Missouri State Bank 248,000.00 248,000.00 993.02 0.00 1,382.68 389.66 0.00 389.66 27002YFE1 08/18/2025 248,000.00EagleBank 248,000.00 248,000.00 291.48 672.66 313.91 695.09 0.00 695.09 05580AXF6 09/25/2025 248,000.00BMW Bank 248,000.00 248,000.00 227.62 0.00 332.93 105.31 0.00 105.31 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 237.81 0.00 448.44 210.63 0.00 210.63 02007GUP6 07/07/2026 248,000.00Ally Bank 248,000.00 248,000.00 3,345.96 0.00 4,051.57 705.61 0.00 705.61 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 897.22 0.00 1,097.32 200.10 0.00 200.10 90348JR93 08/11/2026 248,000.00UBS Bank USA 248,000.00 248,000.00 129.10 193.64 135.55 200.09 0.00 200.09 15721UFP9 09/15/2026 248,000.00CFBank 248,000.00 248,000.00 516.38 968.22 548.66 1,000.50 0.00 1,000.50 32117BFR4 09/23/2026 248,000.00First National Bank 248,000.00 248,000.00 271.78 1,019.18 305.75 1,053.15 0.00 1,053.15 910286GM9 06/29/2027 248,000.00United Fidelity Bank FSB 247,594.00 247,603.63 61.83 927.45 92.75 958.37 9.63 968.00 254673L38 07/06/2027 248,000.00Discover Bank 248,000.00 248,000.00 3,419.00 0.00 4,135.15 716.15 0.00 716.15 14042RST9 07/07/2027 248,000.00Capital One Bank NA 248,000.00 248,000.00 3,445.84 0.00 4,172.52 726.68 0.00 726.68 14042TJD0 08/03/2027 248,000.00Capital One Bank USA 248,000.00 248,000.00 2,894.47 0.00 3,642.20 747.73 0.00 747.73 61768ELH4 08/04/2027 248,000.00Morgan Stanley Private Bank 248,000.00 248,000.00 2,829.92 0.00 3,567.12 737.20 0.00 737.20 87164XN93 08/05/2027 248,000.00Synchrony Bank 248,000.00 248,000.00 2,806.14 0.00 3,543.34 737.20 0.00 737.20 02589ADQ2 08/10/2027 205,000.00American Express National Bank 204,241.93 204,259.35 2,189.57 0.00 2,790.25 600.68 17.42 618.10 32114VCH8 03/15/2028 248,000.00First National Bank of Michigan 248,000.00 248,000.00 500.08 937.64 531.33 968.89 0.00 968.89 61690U3C2 03/16/2028 248,000.00Morgan Stanley Bank 247,531.75 247,541.00 2,478.64 0.00 3,489.67 1,011.03 9.26 1,020.29 062119BK7 03/20/2028 248,000.00Bank Five Nine 248,000.00 248,000.00 347.54 947.84 379.13 979.43 0.00 979.43 05600XQE3 05/16/2028 248,000.00BMO Harris Bank NA 247,508.84 247,518.18 458.63 0.00 1,406.47 947.84 9.35 957.19 12547CBJ6 05/16/2028 248,000.00CIBC Bank USA 247,506.63 247,516.01 443.34 0.00 1,359.58 916.24 9.39 925.63 949764HK3 11/07/2028 248,000.00Wells Fargo Bank NA 247,458.82 247,468.12 823.50 1,029.37 857.81 1,063.68 9.30 1,072.98 Certificates of Deposit - Sub Total 5,661,000.00 5,657,814.02 5,657,888.09 31,565.69 6,696.00 41,172.84 16,303.15 74.07 16,377.22 Corporate Bonds
89236TFS9 01/08/2024 250,000.00Toyota Motor Credit 250,076.98 250,016.21 3,326.74 0.00 4,024.65 697.91 -60.77 637.14 46625HJX9 05/13/2024 500,000.00JPMorgan Chase & Co 501,368.75 501,108.43 906.25 0.00 2,416.67 1,510.42 -260.31 1,250.11 64952WDL4 01/22/2025 250,000.00New York Life 249,794.57 249,810.03 1,791.67 0.00 2,208.33 416.66 15.46 432.12 88579YBH3 02/14/2025 500,000.003M 488,375.53 489,205.85 2,972.22 0.00 3,805.56 833.34 830.32 1,663.66 30231GBH4 03/19/2025 250,000.00Exxon Mobil 256,251.27 255,838.08 1,496.00 0.00 2,119.33 623.33 -413.20 210.13 59217GFC8 08/25/2025 500,000.00MetLife 499,641.20 499,659.00 5,400.00 0.00 7,087.50 1,687.50 17.80 1,705.30 037833BY5 02/23/2026 500,000.00Apple 497,501.00 497,597.47 4,423.61 0.00 5,777.78 1,354.17 96.47 1,450.64 808513BW4 04/01/2027 250,000.00Charles Schwab 249,602.24 249,612.51 1,375.00 0.00 2,062.50 687.50 10.27 697.77 Run Date: 1/5/2024 - 3:18 PM
Amortizing
26 78
Income Earned
City of Lynwood December 01, 2023 - December 31, 2023
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
Corporate Bonds
023135CF1 04/13/2027 250,000.00Amazon 248,612.42 248,647.88 1,100.00 0.00 1,787.50 687.50 35.46 722.96 904764BS5 09/08/2028 500,000.00Unilever Capital Corp 495,647.28 495,725.83 5,619.79 0.00 7,651.04 2,031.25 78.54 2,109.79 Corporate Bonds - Sub Total 3,750,000.00 3,736,871.25 3,737,221.28 28,411.28 0.00 38,940.86 10,529.58 350.03 10,879.61 LAIF
9819499 01/01/2024 9,875,316.10LAIF 9,875,316.10 9,875,316.10 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total
9,875,316.10 9,875,316.10 9,875,316.10 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 01/01/2024 199,587.60Goldman Sachs Govt MMF 162,170.70 199,587.60 1,054.23 1,054.23 756.15 756.15 0.00 756.15 Money Market Funds - Sub Total
199,587.60 162,170.70 199,587.60 1,054.23 1,054.23 756.15 756.15 0.00 756.15 U.S. Agencies
3130A0XE5 03/08/2024 1,640,000.00FHLB 1,639,433.43 1,639,612.65 12,288.61 0.00 16,730.28 4,441.67 179.22 4,620.89 3133EKTV8 07/01/2024 500,000.00FFCB 499,988.27 499,989.99 3,958.33 0.00 4,750.00 791.67 1.72 793.39 3133ENG20 08/15/2024 1,000,000.00FFCB 999,395.40 999,468.90 9,716.67 0.00 12,466.67 2,750.00 73.50 2,823.50 3133EK3B0 10/16/2024 200,000.00FFCB 199,713.69 199,741.77 375.00 0.00 625.00 250.00 28.09 278.09 3130A4CH3 03/14/2025 500,000.00FHLB 512,008.22 511,205.94 2,539.93 0.00 3,529.51 989.58 -802.27 187.31 3136G4H71 08/12/2025 500,000.00FNMA 500,000.00 500,000.00 715.28 0.00 923.61 208.33 0.00 208.33 3130ASYR4 08/28/2025 2,000,000.00FHLB 2,000,000.00 2,000,000.00 20,666.67 0.00 27,333.33 6,666.66 0.00 6,666.66 3137EAEX3 09/23/2025 500,000.00FHLMC 499,081.09 499,124.71 354.17 0.00 510.42 156.25 43.62 199.87 3130AXU63 11/17/2026 1,000,000.00FHLB 998,251.31 998,302.11 1,798.61 0.00 5,652.78 3,854.17 50.81 3,904.98 3130AQEC3 12/30/2026 500,000.00FHLB 500,000.00 500,000.00 2,873.19 0.00 19.03 -2,854.16 0.00 -2,854.16 3130AL5A8 02/26/2027 500,000.00FHLB 450,655.07 451,966.99 1,187.50 0.00 1,562.50 375.00 1,311.91 1,686.91 3130ARTT8 05/19/2027 600,000.00FHLB 600,000.00 600,000.00 700.00 0.00 2,450.00 1,750.00 0.00 1,750.00 3130AT2L0 08/25/2027 1,000,000.00FHLB 1,000,000.00 1,000,000.00 10,800.00 0.00 14,175.00 3,375.00 0.00 3,375.00 3134GYUE0 06/28/2028 1,000,000.00FHLMC 1,000,000.00 1,000,000.00 25,166.67 29,666.67 500.00 5,000.00 0.00 5,000.00 3133EPZN8 10/24/2028 1,000,000.00FFCB 998,902.40 998,921.69 5,138.89 0.00 9,305.56 4,166.67 19.29 4,185.96 U.S. Agencies - Sub Total
12,440,000.00 12,397,428.87 12,398,334.76 98,279.52 29,666.67 100,533.69 31,920.84 905.89 32,826.73 U.S. Treasuries
91282CBV2 04/15/2024 500,000.00U.S. Treasury 499,422.03 499,552.81 240.78 0.00 399.59 158.81 130.78 289.59 912828YV6 11/30/2024 1,000,000.00U.S. Treasury 1,010,661.48 1,009,758.46 40.98 0.00 1,311.48 1,270.50 -903.02 367.48 Run Date: 1/5/2024 - 3:18 PM
Amortizing
27 79
Income Earned
City of Lynwood December 01, 2023 - December 31, 2023
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
U.S. Treasuries
912828ZT0 05/31/2025 500,000.00U.S. Treasury 496,763.65 496,946.73 3.42 0.00 109.29 105.87 183.08 288.95 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 995,175.12 995,379.73 10.25 0.00 327.87 317.62 204.61 522.23 91282CBH3 01/31/2026 500,000.00U.S. Treasury 497,549.05 497,644.86 626.70 0.00 784.65 157.95 95.81 253.76 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,001,226.33 1,001,184.69 20.49 0.00 655.74 635.25 -41.64 593.61 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 495,961.51 496,082.47 741.12 0.00 1,111.68 370.56 120.96 491.52 91282CGC9 12/31/2027 630,000.00U.S. Treasury 618,655.97 618,891.67 10,216.10 0.00 67.07 -10,149.03 235.70 -9,913.33 U.S. Treasuries - Sub Total 5,630,000.00 5,615,415.14 5,615,441.42 11,899.84 0.00 4,767.37 -7,132.47 26.28 -7,106.19 37,555,903.70Grand Total 37,445,016.07 37,483,789.26 171,210.56 37,416.90 186,170.91 52,377.25 1,356.28 53,733.53 Run Date: 1/5/2024 - 3:18 PM
Amortizing
28 80
Realized Gains and Losses
City of Lynwood December 01, 2023 - December 31, 2023
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: 1/5/2024 - 3:18 PM
29 81
Transaction Report
City of Lynwood December 01, 2023 - December 31, 2023
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 12/04/2023 Interest FGTXX GSGF - - 1,054.23 - - 12/07/2023 Interest 949764HK3 WFC 5.05 11/07/28 11/07/2028 - - 1,029.37 - - 12/11/2023 Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 193.64 - - 12/15/2023 Interest 32114VCH8 FNBMIC 4.6 03/15/28 03/15/2028 - - 937.64 - - 12/15/2023 Interest 15721UFP9 CFBK 4 3/4 09/15/26 09/15/2026 - - 968.22 - - 12/18/2023 Interest 27002YFE1 EGBN 3.3 08/18/25 08/18/2025 - - 672.66 - - 12/20/2023 Interest 062119BK7 FBFCEN 4.65 03/20/28 03/20/2028 - - 947.84 - - 12/26/2023 Interest 32117BFR4 FNLC 5 09/23/26 09/23/2026 - - 1,019.18 - - 12/28/2023 Interest 3134GYUE0 FHLMC 6 06/28/28 06/28/2028 - - 29,666.67 - - 12/29/2023 Interest 910286GM9 FFED 4.55 06/29/27 06/29/2027 - - 927.45 - - Grand Total: 0.00 0.00 37,416.90 0.00 0.00
Run Date: 1/5/2024 - 3:18 PM
Amortizing
30 82

AGENDA STAFF REPORT

DATE:

February 20, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Ernie Hernandez, City Manager
PREPARED BY:

Luis Cuellar, City Treasurer
Sheila Harding, Deputy City Treasurer
SUBJECT:

TREASURER'S STATEMENT OF INVESTMENT POLICY
Agenda Item # 8.3.

Recommendation:

Staff recommends that the Lynwood City Council adopt the following resolutions entitled: "A

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, APPROVING THE CITIES ANNUAL STATEMENT OF INVESTMENT POLICY."
Background:

The investment policies and practices of the City of Lynwood are based on state laws and principles of prudent money management. This statement is intended to provide guidelines for the prudent investment of idle and surplus cash, while meeting the short and long-term cash flow demands. This report is submitted annually for City Council's review. The primary goals of these policies are:

To assure compliance with all federal, state, and local laws governing the investment of monies under the control of the Treasurer.

To protect the principal and asset holdings of the City's portfolio.

To ensure that adequate liquidity is provided for the prompt and efficient handling of City disbursements.

To generate the maximum amount of investment income within the parameters of these investment policies and guidelines for suitable investments.

Discussion and Analysis:

The aim of this document is to provide the necessary clarity and suggest the parameters that will guide the City's cash investment strategy.

Cities are required to review their Investment Policy and Strategy City Council City Council Regular Meeting 83
Investment Policy 2024.docx
City Resolution 2024.docx
and seek council's approval annually. Since Council's last approval on January 18, 2022, the Investment Policy has been amended to update Section 8.0, Authorized and Suitable Investments to in clude Joint
Powers Authority (JPA). Joint powers authorities are particularly widely used in California where they are permitted under Section 6502 of the Government Code.

It is the Policy of the City of Lynwood, that giving due regard to the safety and risk of investment, all available funds shall be managed in conformance with these legal and administrative guidelines (the Policy) and, to the maximum extent possible, surplus funds shall be invested at the highest rates obtainable at the time of investment. Adequate operating funds shall be maintained in a depository institution(s), which affords the City safety with respect to its funds, as well as the ability to meet all of the City's cash receipts and disbursement needs.

Fiscal Impact:

There is no fiscal impact.

Coordinated With:

Meeder Investment formerly FHN Financial Main Street Advisors.

ATTACHMENTS:

Description
City Council City Council Regular Meeting 84
Revised January 16, 2024

PURPOSE
The purpose of this Statement of Investment Policy (“Policy”) is to establish guidelines for the prudent investment of the City of Lynwood’s idle cash or reserve cash and outlines the policies essential to ensure the safety and financial strength of the City’s investment portfolio.

This policy is based on the principles of prudent money management and conforms to all applicable Federal and State Laws governing the investment of public funds under the control of the Treasurer.

1.0 POLICY:

Annually, in accordance with California Government Code (CGC) Section 53646, the Treasurer will render to the City Council a Statement of Investment Policy for consideration and approval at a public meeting. Any investments currently held at that time that do not meet the guidelines of this policy, as changed from time to time by the City Council, shall be exempt from the requirements of this policy.

However, at the investment maturity or liquidation, such funds shall be reinvested only as provided by this policy, which offer guidance to brokers and any external investment advisors on the investment of City funds. This investment policy applies to all investment activities of the City, except for the Employees Retirement and Deferred compensation funds are excluded because it is separately managed by a third-party administrator. This policy applies to all City funds, except for bond proceeds that are managed by trustees. Trustees must comply with the provision of bond’s indenture agreements.

2.0 SCOPE:

Policy statements outlined in this document apply to the City’s pooled funds, as well as other financial assets under the City Treasurer’s control unless exempted by resolution or by statute. These funds are accounted for in the City of Lynwood Comprehensive Annual Financial Report (CAFR), and include:
 General Fund
 Special Revenue Funds
 Capital Project Funds
 Enterprise Funds
 Trust and Agency Funds
 Retirement Pension Funds
 Internal Service Funds
 Fiduciary-Agency Fund
 Any new fund created by the City Council unless specifically exempted All monies entrusted to the Treasurer shall be invested in accordance to California Government Code Section 53601, 53602 and 53635.
85 INVESTMENT POLICY
2 3.0 PRUDENCE:

The standard of prudence to be used by investment officials shall be the “prudent investor” standard (CGC Section 53600.3) and shall be applied in the context of managing an overall portfolio which states that:
“a trustee shall act with care, skill, prudence, and diligence under the circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated needs of the agency, that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims to safeguard the principal and maintain the liquidity needs of the City”.

At the time of purchase, it is the City’s intent to hold all investments until maturity to ensure the return of all invested principal. However, it is recognized that market prices of securities will vary depending on economic and interest rate condition at any point in time.

The City Treasurer, and other individuals who may be designated to manage the City’s investment portfolio, when acting within the intent and scope of this investment policy and other authorized written procedures, and when exercising due diligence, are relieved of personal liability for the individual security’s credit risk or market price change of a security or other investment, provided that deviations from expectations are reported to the City of Lynwood in a timely manner and that appropriate action is taken to mitigate unforeseen adverse conditions.

4.0 OBJECTIVES:

Within the overriding requirement of compliance with all Federal, State and local laws governing the investment of moneys under the control of the Treasurer, and as specified in CGC Section 53600.5, when investing, reinvesting, purchasing, acquiring, exchanging, selling or managing public funds, the primary objective of a trustee shall be to safeguard the principal of the funds under its control. The secondary objective shall be to meet the liquidity needs of the depositor. The third objective shall be to achieve a market rate of return on the funds under its control.

Taking into account the City’s daily and periodic cash flow needs, the City desires to invest all temporarily idle funds as close to 100% as is reasonably possible. At least 30% of the overall investment portfolio will be comprised of investments maturing in one year or less. No single investment shall be purchased with a term to maturity at the date of purchase that exceeds 5 years, except as special circumstances dictate and with the expressed approval of the City Treasurer.

The basic goal of the City’s investment policy is to ensure safety and availability of temporarily idle funds when they are needed. The primary objectives, in priority order, of the investment activities shall be:

Safety: Safety of principal is the foremost objective of the investment program. Each investment transaction must seek to ensure that capital losses are avoided, whether from securities default, broker-dealer default, 86 INVESTMENT POLICY
3 or erosion of market value. The City will endeavor to preserve principal by mitigating both credit risk and market risk, as specified below.

Credit risk, which is defined as the risk of loss due to insolvency or other failure of the issuer of a security, must be mitigated by purchasing investment grade securities and by diversifying the investment portfolio so that the failure of any one issuer does not unduly harm the City’s capital base and cash flow.

Market risk, which is defined as market value fluctuations, must be mitigated by limiting the average maturity of the City’s investment portfolio to three years, limiting the maximum maturity of any one security to five years, structuring the portfolio to take into account historic and current cash flow analysis, eliminating the need to sell securities for the sole purpose of short term speculation.

Liquidity: Because the City operates its own water utility and bills monthly for utility services, cash flow is generated on a daily basis. Historical cash flow trends must be compared to current cash flow requirements on an ongoing basis to ensure that the City’s investment portfolio will remain sufficiently liquid to enable the City to meet all reasonable anticipated operating requirements. In managing City funds for cash flow needs, it is generally not the intention to liquidate a security prior to maturity in order to meet expected cash flow needs. However, it is important that when exceptional conditions require, and there are unexpected cash flow demands, a security sale can be done quickly.

Return on the Investment : The investment portfolio shall be designed and managed with the objective of attaining a market rate of return throughout budgetary and economic cycles, taking into account the investment objectives, authorized investments and the cash flow needs of the City.

5.0 DELEGATION OF AUTHORITY:

In accordance with Section 53607 of the Government Code, the City of Lynwood management responsibility for the investment program is hereby delegated to the Treasurer, who shall be responsible for all transactions undertaken and shall establish a system of control to regulate the activities of subordinate officials, and their procedures in the absence of the Treasurer. Under the provision of CGC Section 53600.3, the Treasurer is a trustee and a fiduciary subject to the prudent investor standard. The City may delegate to the City Treasurer the authority to invest or reinvest City funds for a one-year period.

The Treasurer may delegate all, or a portion of his/her investment authority to a Deputy City Treasurer. Prior to the delegation of the investment authority to a Deputy City Treasurer, the Treasurer shall notify the City council and request confirmation of the delegation. Delegation of investment authority will not remove or abridge the Treasurer’s investment responsibility.
87 INVESTMENT POLICY
4 The City may engage the services of one or more external investment managers to assist in the management of the City’s investment portfolio in a manner consistent with the City’s objectives. Such external managers may be granted discretion to purchase and sell investment securities in accordance with this Investment Policy.

The Treasurer shall establish written investment policy procedures for the operation of the investment program consistent with this policy. The procedures should include reference to: safekeeping, wire transfer agreements, banking service contracts and collateral/depository agreements. Such procedures shall include explicit delegation of authority to persons responsible for investment transactions. No person may engage in an investment transaction except as provided under the terms of this policy and the procedures established by the Treasurer.

The Treasurer and Deputy Treasurer shall attend at least one training session within twelve months after taking office or being appointed, and at least annually thereafter. The training session should be sponsored by a professional organization, such as, but not limited to: Government Finance Officers Association (GFOA), California Society of Municipal Finance Officers (CSMFO), Municipal Treasurers Association of the United States & Canada (MTA, US&C), California Municipal Treasurer Association (CMTA), and Government Investment Officers Association (GIOA). Training must include some or all of the following components: investment controls, security risks, strategy risk, market risks, and compliance with Federal, State and local laws.

6.0 ETHICS AND CONFLICT OF INTEREST:

Elected officials, City officers, employees and any other individual involved in the investment operations are prohibited from personal business activity that could conflict with proper execution of the investment program, or which could impair their ability to make impartial investment decisions, or which could give the appearance thereof. Furthermore, these same individuals shall disclose any material financial interest in financial institutions that conduct business within their jurisdiction, and they shall further disclose any large personal financial/investment positions that could be related to the performance of the City. The Treasurer shall immediately disclose any financial interest which is subject to disclosure under the California Political Reform Act or would constitute a conflict of interest under Government Code Section 1090 to the City Manager. All other City Investment Officials shall immediately disclose any financial interest which is subject to disclosure under the California Political Reform Act or would constitute a conflict of interest under Government Code Section 1090 to the City Manager.

7.0 AUTHORIZED DEALERS AND INSTITUTIONS:

The City may conduct investment transactions only with banks, savings and loans associations, and registered broker-dealers. Any investments other than those purchased directly from an issuer must be purchased from (i) an individual or entity licensed by the State as a broker-dealer, as defined in Section 25004 of the Corporations Code, and which is a member of the Financial Industry Regulatory Authority, (FINRA) or (ii) from a member of a federally-regulated securities 88 INVESTMENT POLICY
5 exchange, or (iii) a national or state charted bank; or (iv) a federal or state association (as defined by Section 5102 of the Financial Code); or (v) a brokerage firm designated as a primary government dealer by the Federal Reserve Bank.

The City Treasurer, either directly or through an authorized party, must investigate and evaluate all financial institutions, on an annual basis, that desire to do business with the City in order to determine whether they are adequately capitalized and whether they make markets in securities that are appropriate to the City’s needs.

This may be accomplished by the following: a financial institution to complete and return an appropriate questionnaire, audited financial statements and proof of Financial Industry Regulatory Authority (FINRA) registration and good standing.

Nothing in this section precludes the City from engaging the services of a Registered Investment Advisory firm to assist the City, on a discretionary basis, with the investment of the City’s portfolio.

8.0 AUTHORIZED AND SUITABLE INVESTMENTS:

Investments must be made in accordance with the “Prudent Investor Rule” that is cited under the heading “Prudence.”
The City is subject to California Government Code, Sections 53600 et seq. within the context of these limitations, the following investments are authorized, subject to the restrictions noted below:

A. United States Treasury Obligations, Bills, Notes, and Bonds or similar instruments for which the full faith and credit of the United States is pledged for payment of principal and interest. There is no limitation on the percentage of the City’s surplus funds that can be invested in these instruments. The maximum maturity period may not exceed 5 years.

B. US Agency and/or Obligations, Securities that represent an obligation of several agencies or instrumentalities which administer selected lending programs of the U.S. Government. These agencies include, but are not limited to, obligations issued by banks for cooperatives, federal land banks, federal intermediate credit banks, the Federal Home Loan Board (FHLB), Federal Home Loan Mortgage Corporation (FHLMC), Federal Farm Credit Bank (FFCB), and the Federal National Mortgage Association (FNMA).

Although there is no percentage limitation on investments in these obligations, the “Prudent Investor Rule” applies to obligations issued by any of these agencies, because U.S. Government backing is implied rather than guaranteed. The maximum maturity period may not exceed 5 years.

C. Commercial Paper rated “P-1” by Moody’s Investor Services or “A-1” by Standard & Poor’s, and issued by a domestic corporation having assets in excess of $500,000,000 and has a long-term debt rating of “A2” or higher by Moody’s or “A” or higher rating by S&P. The purchase of eligible commercial paper may not exceed 270 days maturity nor represent more than 5% of the outstanding paper of an issuing corporation. No more than 2% of the market value of the portfolio may be invested in commercial paper issued by one corporation. Medium term corporate holdings must be 89 INVESTMENT POLICY
6 included when calculating this 2% limitation. The Purchase of commercial paper not to exceed 25% of the City’s surplus funds.

D. FDIC Insured Certificates of Deposit issued by a nationally or state- chartered bank, or a state of federal savings and loan association, or by a state-licensed branch of a foreign bank. The invested amount per institution shall not exceed the current FDIC insured limit (currently $250,000). Purchases of eligible FDIC insured certificates of deposit shall not exceed five years to maturity.

E. Negotiable Certificates of Deposit issued by a national or state-charted bank or a state or federal saving and loan association. Negotiable certificates of deposit may not exceed 30% of the City’s total portfolio.

Certificates purchased from a bank may not exceed 30% of the City’s total portfolio. Certificates purchased from a bank may not exceed the shareholder’s equity in the bank. Certificates over $500,000 purchased from savings and loan associations may not exceed the net worth of the association. The maximum maturity period may not exceed 5 years.

F. State of California Local Agency Investment Fund (LAIF) Funds may be invested in LAIF; a State of California managed investment pool, up to the maximum dollar amounts per separate legal entity in conformance with the account balance limits authorized by the State Treasurer. Annual review of LAIF’s Pool Money Investment Board Annual Report will be conducted to continue to ensure LAIF’s investment policy, standards, and rate of return are compatible with the City’s risk tolerance. Maximum investment limits are dependent upon limits established under the Local Agency Investment Funds guidelines.

G. Funds held under the terms of a Trust Indenture or other contract or debt issuance agreement may be invested according to the provisions of those indentures’ agreements.

H. The City may invest in non-negotiable time deposits that are collateralized as required by the California Government Code, and that are maintained in banks and savings and loans associations that meet the requirement for accepting deposits of public funds. Because time deposits are not liquid, no more than 25% of the City’s temporarily idle funds may be invested in this category. A maximum maturity period may not exceed one year.

I. Medium term corporate notes with a maximum maturity of 5 years may be purchased. Securities eligible for investment must be rated “A2” or higher by Moody’s or “A” or higher rating by S&P. Medium term notes may not exceed 30% of the market value of the City’s portfolio, and not more than 2% of the market value of the portfolio may be invested in notes issued by any one corporation. Commercial paper holdings must be included when calculating this 2% limitation. The maximum maturity period may not exceed 5 years.

J. Shares of beneficial interest issued by diversified management companies, that are money market funds (MMFs) registered with the 90 INVESTMENT POLICY
7 Securities and Exchange Commission under the Investment Advisory Company Act of 1940 (15 U.S.C. Sec 80a-1 et seq.). To be eligible for investment pursuant to this subdivision these companies shall either (I) attain the highest ranking letter or numerical rating provided by not less than two of the three largest nationally recognized rating services or (2) have an investment advisor registered or exempt from registration with the Securities and Exchange Commission with not less than five years’ experience investing in money market instruments with assets in excess of $500,000,000.

The purchase price of the MMF shares shall not exceed 20% of the City's surplus funds. No more than 10% of the City’s surplus funds may be invested in shares of any one MMF.

K. Supranational Debt Obligations. United States dollar-denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Development of the World Bank (IBRD), International Finance Corporation (IFC), and Inter-American Development Bank (IABD), with maximum remaining maturity of five years or less, and eligible for purchase and sale within the United States. Investments must have a minimum rating of AA or better by at least two of the following NRSRO’s: Moody’s, S&P, or Fitch, and shall not exceed 30% of the City’s surplus funds, and not more than 5% of the market value of the portfolio may be invested in notes issued by any one supranational. The maximum maturity period may not exceed 5 years.

L. Joint Power Authority. Shares of beneficial interest issued by a joint powers authority organized pursuant to Section 6509.7 that invests in the securities and obligations authorized in subdivisions (a) to (r), inclusive. Each share shall represent an equal proportional interest in the underlying pool of securities owned by the joint powers authority. To be eligible under this section, the joint powers authority issuing the shares shall have retained an investment adviser that meets all of the following criteria
:
(1) The adviser is registered or exempt from registration with the Securities and Exchange Commission.
(2) The adviser has not less than five years of experience investing in the securities and obligations authorized in subdivisions (a) to (q), inclusive.
(3) The adviser has assets under management in excess of five hundred million dollars ($500,000,000).
91 INVESTMENT POLICY
8 9.0 UNAUTHORIZED INVESTMENTS:

State and Federal laws notwithstanding, any investment not specifically described herein including, but not limited to, reverse repurchase agreements, derivatives, options, futures, zero coupon bonds, inverse floaters, range notes, first mortgages or trust deeds, collateralized mortgage obligations, (CMO’s), limited partnerships, real estate investments, trusts (REIT’s), open-end mutual funds with a weighted average maturity greater than 180 days, unregulated and/or uninsured investment pools, common stock, preferred stock, commodities, precious metals, securities with high price volatility, limited marketability (less than three active bidders), securities that may default on interest payments and any other speculative investment deemed inappropriate under the prudent investor standard are strictly prohibited.

10.0 REVIEW OF INVESTMENT PORTFOLIO
The securities held by the City of Lynwood must be in compliance with Section 8.0 Authorized and Suitable Investments at the time of purchase. The Quarterly Investment report will identify any securities that do not comply. The Treasurer shall report any instances of noncompliance identified through the review of the portfolio to the City Council.

11.0 COLLATERAL REQUIREMENTS:

Collateral for Certificates of Deposit (CD) and Negotiated Certificates of Deposit (NCD) must comply with Government Code, Chapter 4, Bank Deposit law Section 16500 et seq. and the Savings and Loan and Credit Union Deposit Law Government Code Section 16600 et seq.

In order to reduce market risk and provide a level of security for all funds, the market value of securities that underlay Certificates of Deposit shall be valued at 110% of the market value of principal and accrued interest. Repurchase Agreements shall be valued at 102% of the market value of principal and accrued interest.

In conformity with the provisions of the Federal Bankruptcy Code that provide for the liquidation of securities held as collateral, the only securities acceptable as collateral are certificates of deposit, commercial paper, eligible bankers acceptances, and medium term notes or securities that are the direct obligation of, or are fully guaranteed as to principal and interest by the United States or any City of the United States.

An independent third party with whom the City has a current custodial agreement will always hold collateral.

The right of collateral substitution is granted with prior approval of the City Treasurer.
92 INVESTMENT POLICY
9 12.0 SAFEKEEPING AND CUSTODY
All securities owned by the City shall be held in safekeeping by the City’s custodial bank or by a third-party bank trust department, acting as agent for the City under the terms of a custody agreement or master repurchase agreement. All security transactions, including collateral for repurchase agreements, entered into by the City shall be conducted on a Delivery-Versus-Payment (DVP) basis through the City’s safekeeping agent. Securities held in custody for the City shall be independently audited on an annual basis to verify investment holdings.

13.0 DIVERSIFICATION:

The Treasurer shall maintain a diversified portfolio to minimize the risk of loss resulting from over concentration of assets in a specific maturity, issuer, or security type. With the exception of U.S. Treasury securities, Federal agencies, and LAIF, no more than 50% of the City’s total investment portfolio will be invested in with a single institution. Additionally, no more than 2%, calculated at the time of purchase, of the portfolio shall be invested in one name or with one credit counterparty.

14.0 MAXIMUM MATURITIES:

To the extent possible the portfolio will attempt to match its investments with anticipated cash flow requirements. Matching maturities with cash flow dates will reduce the need to sell securities prior to maturity, thus reducing a potential realized loss. The portfolio will not directly invest in securities maturing more than five (5) years from the date of purchase pursuant to Government Code Section 53601. (Excluding LAIF). The weighted average maturity of the portfolio shall not exceed 3 years.

Reserve funds may be invested in securities exceeding one year if the maturity of such investments is made to coincide as nearly as practicable with the expected use of the funds. No portion of the portfolio may exceed five years.

15.0 INTERNAL CONTROL:

The Treasurer is responsible for establishing and maintaining an internal control structure designed to ensure that the City’s assets are protected from loss, theft or misuse. The internal control structure shall be designed to provide reasonable assurance that those objectives are met. The concept of reasonable assurance recognizes that the cost of a control should not exceed the benefits to be derived and that the valuation of costs and benefits requires estimates and judgments by management. Internal control procedures shall address:
 Separation of duties
 Control of collusion
 Custodial safekeeping
 Avoidance of physical delivery of securities
 Written confirmation of transfers for investments and wire transfers 93 INVESTMENT POLICY
10  Written procedures for placing investment transactions  Delegation of authority to investment officials

16.0 PERFORMANCE STANDARDS:

The investment portfolio shall be designed with the objective of obtaining a market rate of return throughout budgetary and economic cycles, commensurate with investment risk constraints and cash flow needs:
a. Investment Strategy: The portfolio’s basic investment strategy is to buy and hold investments until maturity. However, the Treasurer may sell a security due to adverse changes in credit risk or, due to unexpected cash flow needs, or to improve the quality, yield, or target duration of the portfolio.
b. Market Yield (Benchmark): The City portfolio is managed with the objective of obtaining a market rate of return, commensurate with identified risk constraints and cash flow characteristics. The appropriate benchmarks will be periodically reviewed by the City Treasurer.

17.0 REPORTING:

In compliance with Government code Section 53607 and 53646, the Treasurer shall provide the City Council quarterly investment reports, which provide a clear picture of the status of the current investment portfolio.

The Quarterly Investment Report will include the following information: portfolio statistics, portfolio performance, compliance reporting requirements, and investment trading:

Portfolio Statistics
 Classification of the investment, the percentage of the total portfolio which each type of investment represents, issuer, CUSIP, purchase date, rating of security, date of maturity, par and dollar amount invested on all securities and investments.
 Current market value and the source of the market value.  Weighted average maturity of the investment portfolio.  Maturity aging by type of investment.
 Unrealized gain or loss resulting from appreciation or depreciation in the market value of securities.

Compliance Reporting Requirements
 Cash management projection: Statement denoting the ability of the City to meet its expected obligations over the next six months.  Statement of compliance with the Policy: Reasons for and number of violations or exceptions to the investment policy during the quarter being reported on, as well as prior violations or exceptions which have not yet been corrected.
94 INVESTMENT POLICY
11 Investment Trading Activity
 All investment transactions occurring during the quarter whether or not the transaction has been fully settled.
 A description of any security purchased during the quarter with a maturity exceeding five years.
 A description of any security downgraded below the minimum acceptable ratings level (below prime for short term ratings, or below investment grade for long term ratings).

18.0 INVESTMENT POLICY ADOPTION:

The Treasurer shall annually render to the City Council a Statement of Investment policy as required in Section 53646(a) of the Government Code. The City’s investment policy shall be adopted by resolution of the City Council and shall be reviewed annually; any modification made thereto must be approved by the legislative body.

19.0 GLOSSARY
Definitions of investment-related terms are listed on Exhibit A. 95 Revised January 16, 2024

EXHIBIT A

GLOSSARY
ACCRETION: Adjustment of the difference between the price of a bond bought at an original discount and the par value of the bond.

AGENCIES: Federal agency securities and/or Government-sponsored enterprises (GSEs), also known as U.S. Government instrumentalities. Securities issued by Government National Mortgage Association (GNMA) are considered true agency securities, backed by the full faith and credit of the U.S. Government. GSEs are financial intermediaries established by the federal government to fund loans to certain groups of borrowers, for example homeowners, farmers and students and are privately owned corporations with a public purpose. The most common GSEs are Federal Farm Credit System Banks, Federal Home Loan Banks, Federal Home Loan Mortgage Association, and Federal National Mortgage Association.

AMORTIZATION: Accounting procedure that gradually reduces the cost value of a limited life or intangible asset through periodic charges to income. For fixed assets, the term used is “depreciation”. It is common practice to amortize any premium over par value paid in the purchase of preferred stock or bond investments.

APPRECIATION: Increase in the value of an asset such as a stock bond, commodity or real estate.

ASKED PRICE: The price a broker/dealer offers to sell securities.

ASSET BACKED: A type of security that is secured by receivables, such as credit card and auto loans. These securities typically pay principal and interest monthly.

BANKERS' ACCEPTANCE (BA): A draft or bill or exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill, as well as the issuer.

This money market instrument is used to finance international trade.

BASIS POINT: One-hundredth of one percent (i.e., 0.01%).

BENCHMARK: A comparative base for measuring the performance or risk tolerance of the investment portfolio. A benchmark should represent a close correlation to the level of risk and the average duration of the portfolio’s investment.

BID PRICE: The price a broker/dealer offers to purchase securities.

BOND: A financial obligation for which the issuers promises to pay the bondholder a specified stream of future cash flows, including periodic interest payments and a principal repayment.

BOOK RATE OF RETURN: A measure of a portfolio’s performance over time. It is the internal rate of return which equates the beginning value of the portfolio with the ending value, and includes interest earnings and realized gains and losses on the portfolio. 96 INVESTMENT POLICY
13 BOOK VALUE: The value at which a debt security is shown on the holder’s balance sheet. Book value is acquisition cost less amortization of premium or accretion of discount.

BROKER: A broker acts as an intermediary between a buyer and seller for a commission and does not trade for his/her own risk and account or inventory.

CALLABLE SECURITIES: A security that can be redeemed by the issuer before the scheduled maturity date.

CASH FLOW: An analysis of all changes that affect the cash account during a specified period.

CERTIFICATE OF DEPOSIT (CD): A time deposit with a specific maturity evidenced by a certificate. Large-denomination CD's are typically negotiable.

COLLATERAL: Securities, evidence of deposit or other property which a borrower pledges to secure repayment of a loan. Also refers to securities pledged by a bank to secure deposits of public monies.

COLLATERALIZED MORTGAGE OBLIGATION (CMO) : A type of mortgage-backed security that creates separate pools of pass-through rates for different classes of bondholders with varying maturities, called tranches. The repayments from the pool of pass-through securities are used to retire the bonds in the order specified by the bonds' prospectus.

COMMERCIAL PAPER: Short-term, unsecured, negotiable promissory notes of corporations.

COMMERCIAL RECEIVABLES: Business debt owed to a creditor which may be used as collateral for asset backed securities. These receivables include equipment leases, building leases, and other business loans.

COMPREHENSIVE ANNUAL FINANCIAL REPORT (CAFR): The official annual financial report for the City. It includes combined statements and basic financial statements for each individual fund and account group prepared in conformity with Generally Accepted Accounting Principles (GAAP).

CONDUIT FINANCING: A financing in which a governmental agency issues debt and the proceeds of the issue are loaned to a nongovernmental borrower who then applies the proceeds for a project financing or (if permitted by federal tax laws for a qualified 501(c)(3) bond) for working capital purposes.

CONSUMER RECEIVABLES: Consumer debt owed to a creditor which may be used as collateral for asset backed securities. These receivables include credit card, auto, and home equity loans.

CORPORATE NOTE: Debt instrument issued by a private corporation.

COUPON: The annual rate at which a bond pays interest. 97 INVESTMENT POLICY
14 CREDIT ANALYSIS: An analysis of the economic and financial conditions to determine creditworthiness or the ability to meet debt obligations.

CREDIT RATINGS: A grade given to a debt instrument that indicates its credit quality.

Private independent rating services such as Standard & Poor's, Moody's and Fitch provide these evaluations of the issuer's financial strength, or its ability to pay principal and interest in a timely fashion. High graded credit ratings are as follows:

Moody's Standard & Poor’s Fitch
Long
Term
Short
Term
Long
Term
Short
Term
Long
Term
Short
Term
Aaa
P1
AAA
A1+
AAA
A1+
Aa1 AA+ AA+
Aa2 AA AA
Aa3 AA- AA-
A1 A+ A1 A+
A2 A A
A3 P2 A- A2 A- A2Baa1 BBB+ BBB+
CREDIT RISK: The risk that an obligation will not be paid and a loss will result due to a failure of the issuer of a security.

CUSIP: Stands for Committee on Uniform Securities Identification Procedures. A CUSIP number identifies most securities, including: stocks of all registered U.S. and Canadian companies, and U.S. government and municipal bonds. The CUSIP system—owned by the American Bankers Association and operated by Standard & Poor’s—facilitates the clearing and settlement process of securities. The number consists of nine characters (including letters and numbers) that uniquely identify a company or issuer and the type of security.

CURRENT YIELD: The annual interest on an investment divided by the current market value. Since the calculation relies on the current market value rather than the investor’s cost, current yield is unrelated to the actual return the investor will earn if the security is held to maturity.

CUSTODIAN: A bank or other financial institution that keeps custody of stock certificates and other assets.

DEALER: A dealer, as opposed to a broker, acts as a principal in all transactions, buying and selling for his/her own risk and account or inventory.

DEBENTURES: A bond secured only by the general credit of the issuers.

DEFEASED BOND ISSUES: Issues that have sufficient money to retire outstanding debt when due, so that the agency is released from the contracts and covenants in the bond documents.

DELIVERY VERSUS PAYMENT (DVP): Delivery of securities with a simultaneous exchange of money for the securities.
98 INVESTMENT POLICY
15 DERIVATIVE: A financial instrument that is based on, or derived from, some underlying asset, reference date, or index.

DIRECT ISSUER: Issuer markets its own paper directly to the investor without use of an intermediary.

DISCOUNT: The difference between the cost of a security and its value at maturity when quoted at lower than face value.

DIVERSIFICATION: Dividing investment funds among a variety of securities offering independent returns and risk profiles.

DURATION: A measure of the timing of the cash flows, such as the interest payments and the principal repayment, to be received from a given fixed-income security. This calculation is based on three variables: term to maturity, coupon rate, and yield to maturity. Duration measures the price sensitivity of a bond to changes in interest rates.

EARNED INCOME YIELD THIS PERIOD (annualized): The Total net Earnings this period divided by Average Daily Portfolio Balance and the number of days in the period, multiplied by 365 (or 360 depending on the profile setting), and then multiplied by 100.

FACE VALUE: The principal amount owed on a debt instrument. It is the amount on which interest is computed and represents the amount that the issuer promises to pay at maturity.

FAIR VALUE: The amount at which a security could be exchanged between willing parties, other than in a forced or liquidation sale. If a market price is available, the fair value is equal to the market value.

FANNIE MAE: Trade name for the Federal National Mortgage Association (FNMA), a U.S. Government sponsored enterprise.

FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC): A federal agency that provides insurance on bank deposits, guaranteeing deposits to a set limit per account, currently $100,000.

FEDERAL FARM CREDIT BANK (FFCB): Government-sponsored enterprise that consolidates the financing activities of the Federal Land Banks, the Federal Intermediate Credit Banks and the Banks for Cooperatives. Its securities do not carry direct U.S. government guarantees.

FEDERAL FUNDS RATE: The rate of interest at which Federal funds are traded. This rate is considered to be the most sensitive indicator of the direction of interest rates, as it is currently pegged by the Federal Reserve through open-market operations.

FEDERAL GOVERNMENT AGENCY SECURITIES : Federal Agency or United States government-sponsored enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or United States government-sponsored enterprises. 99 INVESTMENT POLICY
16 FEDERAL HOME LOAN BANKS (FHLB): Government sponsored enterprise (currently made up of 12 regional banks) that regulates and lends funds and provides correspondent banking services to member commercial banks, thrift institutions, credit unions and insurance companies. Although the banks operate under federal charter with government supervision, the securities are not guaranteed by the U. S. Government.

FEDERAL HOME LOAN MORTGAGE CORPORATION (FHLMC): Government sponsored enterprise that helps maintain the availability of mortgage credit for residential housing. FHLMC finances these operations by marketing guaranteed mortgage certificates and mortgage participation certificates. Its discount notes and bonds do not carry direct U.S. government guarantees.

FEDERAL NATIONAL MORTGAGE ASSOCIATION (FNMA): Government sponsored enterprise that is the largest single provider of residential mortgage funds in the United States. FNMA is a private stockholder-owned corporation. The corporation's purchases include a variety of adjustable mortgages and second loans, in addition to fixed-rate mortgages. FNMA's securities are also highly liquid and are widely accepted. FNMA securities do not carry direct U.S. Government guarantees.

FEDERAL OPEN MARKET COMMITTEE (FOMC): A committee of the Federal Reserve Board, which establishes monetary policy and executes it through temporary and permanent changes to the supply of bank reserves.

FEDERAL RESERVE SYSTEM: The central bank of the U.S. which consists of a seven- member Board of Governors, 12 regional banks and about 5,700 commercial banks that are members.

FED WIRE: A wire transmission service established by the Federal Reserve Bank to facilitate the transfer of funds through debits and credits of funds between participants within the Fed system.

FREDDIE MAC: Trade name for the Federal Home Loan Mortgage Corporation (FHLMC), a U.S. government sponsored enterprise.

FITCH INDIVIUAL BANK RATINGS: Individual Ratings are assigned to banks that are legal entities. These ratings, which are internationally comparable, attempt to assess how a bank would be viewed if it were entirely independent and could not rely on external support. These ratings are designed to assess a bank's exposure to, appetite for, and management of risk, and thus represent the agency's view on the likelihood that it would run into significant financial difficulties such that it would require support. The ratings are as follows:

A. A very strong bank - Characteristics may include outstanding profitability and balance sheet integrity, franchise, management, operating environment or prospects.

B. A strong bank - There are no major concerns regarding the bank.

Characteristics may include strong profitability and balance sheet integrity, franchise, management, operating environment or prospects. 100

INVESTMENT POLICY
17 C. An adequate bank, which, however, possesses one or more troublesome aspects. There may be some concerns regarding its profitability and balance sheet integrity, franchise, management, operating environment or prospects .

D. A bank that has weaknesses of internal and/or external origin. There are concerns regarding its profitability and balance sheet integrity, franchise, management, operating environment or prospects. Banks in emerging markets are necessarily faced with a greater number of potential deficiencies of external origin.

E. A bank with very serious problems, which either requires or is likely to require external support.

F. A bank that has either defaulted or, in Fitch Ratings' opinion, would have defaulted if it had not received external support. Examples of such support include state or local government support, (deposit) insurance funds, acquisition by some other corporate entity or an injection of new funds from its shareholders or equivalent.

Note: Gradations may be used among the ratings A to E: i.e. A/B, B/C, C/D, and D/E. No gradations apply to the F rating.

GINNIE MAE: Trade name for the Government National Mortgage Association (GNMA), a direct obligation bearing the full faith and credit of the U.S. Government.

GOVERNMENT ACCOUNTING STANDARDS BOARD (GASB): A standard-setting body, associated with the Financial Accounting Foundation, which prescribes standard accounting practices for governmental units.

GUARANTEED INVESTMENT CONTRACTS (GICS): An agreement acknowledging receipt of funds, for deposit, specifying terms for withdrawal, and guaranteeing a rate of interest to be paid.

INACTIVE DEPOSITS: Funds not immediately needed for disbursement.

INTEREST RATE: The annual yield earned on an investment, expressed as a percentage.

INTEREST RATE RISK: The risk of gain or loss in market values of securities due to changes in interest-rate levels. For example, rising interest rates will cause the market value of portfolio securities to decline.

INVESTMENT AGREEMENTS: A contract providing for the lending of issuer funds to a financial institution which agrees to repay the funds with interest under predetermined specifications.

INVESTMENT GRADE (LONG TERM RATINGS): The minimum, high quality ratings for long term debt such as corporate notes. Investment Grade ratings are as follows: A3 (Moody’s), A- (S&P), and A- (Fitch).
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INVESTMENT POLICY
18 INVESTMENT PORTFOLIO: A collection of securities held by a bank, individual, institution or government agency for investment purposes.

LIQUIDITY: A liquid asset is one that can be converted easily and rapidly into cash with minimum risk of principal.

LOCAL AGENCY INVESTMENT FUND (LAIF): An investment pool sponsored by the State of California and administered/managed by the State Treasurer. Local government units, with consent of the governing body of that agency, may voluntarily deposit surplus funds for the purpose of investment. Interest earned is distributed by the State Controller to the participating governmental agencies on a quarterly basis.

LOCAL AGENCY INVESTMENT POOL: A pooled investment vehicle sponsored by a local agency or a group of local agencies for use by other local agencies.

MARK TO MARKET: Current value of securities at today's market price.

MARKET RISK: The risk that the value of securities will fluctuate with changes in overall market conditions or interest rates. Systematic risk of a security that is common to all securities of the same general class (stocks, bonds, notes, money market instruments) and cannot be eliminated by diversification (which may be used to eliminate non- systematic risk).

MARKET VALUE: The price at which a security is currently being sold in the market.

See FAIR VALUE.

MASTER REPURCHASE AGREEMENT: A written contract covering all future transactions between the parties to repurchase agreements and reverse repurchase agreements that establish each party's rights in the transactions. A master agreement will often specify, among other things, the right of the buyer-lender to liquidate the underlying securities in the event of default by the seller-borrower.

MATURITY: The date that the principal or stated value of a debt instrument becomes due and payable.

MEDIUM-TERM NOTES (MTNs): Unsecured, investment-grade senior debt securities of major corporations which are sold in relatively small amounts either on a continuous or an intermittent basis. MTNs are highly flexible debt instruments that can be structured to respond to market opportunities or to investor preferences.

MODIFIED DURATION: The percent change in price for a 100-basis point change in yields. This is a measure of a portfolio’s or security’s exposure to market risk.

MONEY MARKET: The market in which short term debt instruments (Treasury Bills, Discount Notes, Commercial Paper, Banker’s Acceptances and Negotiable Certificates of Deposit) are issued and traded.

MORTGAGED BACKED SECURITIES: A type of security that is secured by a mortgage or collection of mortgages. These securities typically pay principal and interest monthly. 102

INVESTMENT POLICY
19 MUNICIPAL BONDS: Debt obligations issued by states and local governments and their agencies, including cities, counties, government retirement plans, school districts, state universities, sewer districts, municipally owned utilities and authorities running bridges, airports and other transportation facilities.

MUTUAL FUND: An entity that pools money and can invest in a variety of securities which are specifically defined in the fund’s prospectus.

NEGOTIABLE CERTIFICATE OF DEPOSIT: A large denomination certificate of deposit which can be sold in the open market prior to maturity.

NET PORTFOLIO YIELD: Calculation in which the 365-day basis equals the annualized percentage of the sum of all Net Earnings during the period divided by the sum of all Average Daily Portfolio Balances.

NEW ISSUE: Term used when a security is originally “brought” to market.

NOTE: A written promise to pay a specified amount to a certain entity on demand or on a specified date.

OPEN MARKET OPERATIONS: Purchases and sales of government and certain other securities in the open market by the New York Federal Reserve Bank as directed by the FOMC in order to influence the volume of money and credit in the economy. Purchases inject reserves into the bank system and stimulate growth of money and credit: Sales have the opposite effect. Open market operations are the Federal Reserve's most important and most flexible monetary policy tool.

PAR VALUE: The amount of principal which must be paid at maturity. Also referred to as the face amount of a bond. See FACE VALUE.

PORTFOLIO: The collection of securities held by an individual or institution.

PREMIUM: The difference between the par value of a bond and the cost of the bond, when the cost is above par.

PRIMARY DEALER: A group of government securities dealers who submit daily reports of market activity and positions and monthly financial statements to the Federal Reserve Bank of New York and are subject to its informal oversight. These dealers are authorized to buy and sell government securities in direct dealing with the Federal Reserve Bank of New York in its execution of market operations to carry out U.S. monetary policy. Such dealers must be qualified in terms of reputation, capacity, and adequacy of staff and facilities.

PRIME (SHORT TERM RATING): High quality ratings for short term debt such as commercial paper. Prime ratings are as follows: P1 (Moody’s), A1 (S&P), and F1 (Fitch).

PRINCIPAL: The face value or par value of a debt instrument, or the amount of capital invested in a given security.

PROSPECTUS: A legal document that must be provided to any prospective purchaser of a new securities offering registered with the Securities and Exchange Commission that typically includes information on the issuer, the issuer’s business, the proposed use of 103

INVESTMENT POLICY
20 proceeds, the experience of the issuer’s management, and certain certified financial statements (also known as an “official statement”).

PRUDENT INVESTOR STANDARD: A standard of conduct for fiduciaries. Investments shall be made with judgment and care--under circumstances then prevailing, which persons of prudence, discretion and intelligence exercise in the management of their own affairs, not for speculation, but for investment, considering the probable safety of their capital as well as the probable income to be derived.

PUBLIC DEPOSITS: A bank that is qualified under California law to accept a deposit of public funds.

PURCHASE DATE: The date in which a security is purchased for settlement on that or a later date. Also known as the “trade date”.

RATE OF RETURN: 1) The yield, which can be attained on a security, based on its purchase price or its current market price. 2) Income earned on an investment, expressed as a percentage of the cost of the investment.

REALIZED GAIN (OR LOSS): Gain or loss resulting from the sale or disposal of a security.

REGIONAL DEALER: A financial intermediary that buys and sells securities for the benefit of its customers without maintaining substantial inventories of securities and that is not a primary dealer.

REPURCHASE AGREEMENT (RP or REPO): A transaction in which a counterparty or the holder of securities (e.g. investment dealer) sells these securities to an investor (e.g. the City) with a simultaneous agreement to repurchase them at a fixed date. The security "buyer" (e.g. the City) in effect lends the "seller" money for the period of the agreement, and the terms of the agreement are structured to compensate the “buyer” for this. Dealers use RP extensively to finance their positions. Exception: When the Fed is said to be doing RP, it is lending money, which is, increasing bank reserves.

REVERSE REPURCHASE AGREEMENT (REVERSE REPO): The opposite of a repurchase agreement. A reverse repo is a transaction in which the City sells securities to a counterparty (e.g. investment dealer) and agrees to repurchase the securities from the counterparty at a fixed date. The counterparty in effect lends the seller (e.g. the City) money for the period of the agreement with terms of the agreement structured to compensate the buyer.

RISK: Degree of uncertainty of return on an asset.

SAFEKEEPING: A service which banks offer to clients for a fee, where physical securities are held in the bank’s vault for protection and book-entry securities are on record with the Federal Reserve Bank or Depository Trust Company in the bank’s name for the benefit of the client. As agent for the client, the safekeeping bank settles securities transactions, collects coupon payments, and redeems securities at maturity or on call date, if called.

SECURITIES AND EXCHANGE COMMISSION (SEC): Agency created by Congress to protect investors in securities transactions by administering securities legislation. 104

INVESTMENT POLICY
21 SEC RULE 15C3-1: See UNIFORM NET CAPITAL RULE.

SECONDARY MARKET: A market for the repurchase and resale of outstanding issues following the initial distribution.

SECURITIES: Investment instruments such as notes, bonds, stocks, money market instruments and other instruments of indebtedness or equity.

SETTLEMENT DATE: The date on which a trade is cleared by delivery of securities against funds.

SPREAD: The difference between two figures or percentages. It may be the difference between the bid (price at which a prospective buyer offers to pay) and asked (price at which an owner offers to sell) prices of a quote, or between the amount paid when bought and the amount received when sold.

STRUCTURED NOTE: A complex, fixed income instrument, which pays interest, based on a formula tied to other interest rates, commodities or indices. Examples include “inverse floating rate” notes which have coupons that increase when other interest rates are falling, and which fall when other interest rates are rising and “dual index floaters”, which pay interest based on the relationship between two other interest rates, for example, the yield on the ten-year Treasury note minus the Libor rate. Issuers of such notes lock in a reduced cost of borrowing by purchasing interest rate swap agreements.

STUDENT LOAN MARKET ASSOCIATION (SLMA): Government-sponsored enterprise that purchases student loans from originating financial institutions and provides financing to state student loan agencies. It provides a national secondary market for federally- sponsored student loans and credit to participants in the post-secondary education lending sector.

SUBORDINATED DEBT: Debt over which senior debt has priority. In the event of a bankruptcy, subordinated debt holders receive payment only after senior debt holders are paid in full.

TIME DEPOSIT: A deposit with a California bank or savings and loan association for a specific amount and with a specific maturity date and interest rate. Deposits of up to $100,000 are insured by FDIC. Deposits over $100,000 are collateralized above the insurance with either government securities (at 110% of par value), first trust deeds (at 150% of par value), or letters of credit (at 105% of par value).

TOTAL RATE OF RETURN: A measure of a portfolio’s performance over time. It is the internal rate of return which equates the beginning value of the portfolio with the ending value, and includes interest earnings and realized and unrealized gains and losses on the portfolio. For bonds held to maturity, total return is the yield to maturity.

TRUSTEE OR TRUST COMPANY OR TRUST DEPARTMENT OF A BANK: A financial institution with trust powers which acts in a fiduciary capacity for the benefit of the bondholders in enforcing the terms of the bond contract. 105

INVESTMENT POLICY
22 UNDERWRITER: A dealer which purchases a new issue of municipal securities for resale.

UNIFORM NET CAPITAL RULE: Securities and Exchange Commission requirement that member firms as well as nonmember broker/dealers in securities maintain a maximum ratio of indebtedness to liquid capital of 15 to 1; also called net capital rule and net capital ratio. Indebtedness covers all money owed to a firm, including margin loans and commitments to purchase securities, one reason new public issues are spread among members of underwriting syndicates. Liquid capital includes cash and assets easily converted into cash.

U.S. GOVERNMENT AGENCY SECURITIES: Securities issued by U.S. government agencies, most of which are secured only by the credit worthiness of the particular agency.

See AGENCIES.

U.S. TREASURY OBLIGATIONS: Securities issued by the U.S. Treasury and backed by the full faith and credit of the United States. Treasuries are the benchmark for interest rates on all other securities in the U.S. The Treasury issues both discounted securities and fixed coupon notes and bonds. The income from Treasury securities is exempt from state and local, but not federal, taxes.

TREASURY BILLS: Securities issued at a discount with initial maturities of one year or less. The Treasury currently issues three-month and six-month Treasury bills at regular weekly auctions. It also issues very short-term “cash management” bills as needed to smooth out cash flows.

TREASURY NOTES: Intermediate-term coupon-bearing securities with initial maturities of one year to ten years.

TREASURY BOND: Long-term coupon-bearing securities with initial maturities of ten years or longer.

UNREALIZED GAIN (OR LOSS): Gain or loss that has not become actual. It becomes a realized gain (or loss) when the security in which there is a gain or loss is actually sold.

See REALIZED GAIN (OR LOSS).

VOLATILITY: Characteristic of a security, commodity or market to rise or fall sharply in price within a short-term period.

WEIGHTED AVERAGE MATURITY: The average maturity of all the securities that comprise a portfolio that is typically expressed in days or years.

WEIGHTED AVERAGE YIELD AT THE END OF PERIOD: The summation of each investment’s period-end scheduled book value multiplied by its ending sub-period yield and divided by the total scheduled book value. Investments maturing on or before the end date of the report period will not affect the weighted average yield.

WHEN ISSUED (WI): Short form of “when, as, and if issued.” WI refers to a transaction made conditionally because a security, although authorized, has not yet been issued with the exception of new Treasury, Agency, and Corporate issuances to settle within 21 days. 106

INVESTMENT POLICY
23 YIELD: The annual rate of return on an investment expressed as a percentage of the investment. See CURRENT YIELD; YIELD TO MATURITY.

YIELD CURVE: Graph showing the relationship at a given point in time between yields and maturity for bonds that are identical in every way except maturity.

YIELD TO MATURITY: Concept used to determine the rate of return if an investment is held to maturity. It takes into account purchase price, redemption value, time to maturity, coupon yield, and the time between interest payments. It is the rate of income return on an investment, minus any premium or plus any discount, with the adjustment spread over the period from the date of purchase to the date of maturity of the bond, expressed as a percentage.
107
RESOLUTION NO.
"A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, APPROVING THE CITY’S ANNUAL STATEMENT OF INVESTMENT POLICY”
WHEREAS, The City of Lynwood is required to have a Statement of Investment Policy that regulates the investment of public funds.

WHEREAS, Pursuant to Government Code 53646(a), the City Treasurer may submit the Statement of Investment Policy to the City Council for its consideration at a public meeting.

WHEREAS, Section 53646 of the Government Code allows local agencies to annually approve the Statement of Investment Policy which has been prepared by the Treasurer its designated officer of such local agency; and
WHEREAS, The Policy was prepared with guidelines for a prudent investment policy.

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 substantive part of this resolution.

Section 2. Authorize the Mayor to execute the Resolution for and on behalf of the City of Lynwood.

Section 3. This resolution shall take effect immediately upon its adoption.

Section 5. The City Clerk shall certify as to the adoption of this Resolution and hereafter the same shall be in full force and effect.

PASSED, APPROVED and ADOPTED this ____ day of February 2024. ________________________________
Luis Solache, Mayor
ATTEST: APPROVED AS TO CONTENT:
_____________________________ __________________________ Maria Quinonez, City Clerk Ernie Hernandez, City Manager APPROVED AS TO FORM:
______________________________
Noel Tapia, City Attorney
108

AGENDA STAFF REPORT

DATE:

February 20, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Ernie Hernandez, City Manager
PREPARED BY:

Harry Wong, Director of Finance & Administration
Delania G. Whitaker, Senior Management Analyst
SUBJECT:

BANKING SERVICES SELECTION
Agenda Item # 8.4.

Recommendation:

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

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

MAYOR TO ENTER INTO AN AGREEMENT WITH JPMORGAN CHASE TO PROVIDE BANKING SERVICES TO THE CITY”.

Background:

Discussion and Analysis:

Over the course of several weeks, City staff (Finance Director, Senior Management Analyst, City Council City Council Regular Meeting 109
Resolution - Banking_Services_Selection.docx
Deputy City Treasurer, Accountant, and Billing & Collections Supervisor) diligently re- evaluated the “best and final” terms presented by JPMorgan Chase and BMO. Staff is proposing that the City into an agreement with JPMorgan Chase based on their overall banking services. JP Morgan Chase’s best and final offer pricing is slightly less than BMO, but they have two (2) local branches within city limit, with one of them within a walking distance from City Hall (versus the closest branches of BMO are located in South Gate and Compton) and their online banking platform is user friendly. In addition, JPMorgan Chase is ranked #1 in bank assets in the US with good banking stability.

Fiscal Impact:

Anticipated monthly banking fees are contingent upon the City’s cash balance and the market interest rates.

Coordinated With:

City Manager's Office
City Attorney
ATTACHMENTS:

Description
City Council City Council Regular Meeting 110
RESOLUTION NO. _________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD

AUTHORIZING THE MAYOR TO ENTER INTO AN AGREEMENT WITH JPMORGAN

CHASE TO PROVIDE BANKING SERVICES TO THE CITY
WHEREAS, on May 2, 2023, the Finance & Administration Department and the City Treasurer’s Office issued a Request for Proposals (RFP) for banking services from qualified financially secure Federal or State chartered banking institutions that can offer comprehensive banking services at the best value to the City; and WHEREAS, the deadline to respond to the RFP was July 5, 2023; and WHEREAS, on November 21, 2023, the City Council authorized the City Manager or his designee to negotiate banking terms with city staff’s top (two) ranked banking institutions, JPMorgan Chase and BMO (formerly Bank of the West); and WHEREAS, over the course of several weeks, City staff (Finance Director, Senior Management Analyst, Deputy City Treasurer, Accountant, and Billing & Collections Supervisor) diligently re-evaluated the “best and final” terms presented by JPMorgan Chase and BMO; and
WHEREAS, staff is proposing that the City into an agreement with JPMorgan Chase based on their overall banking services. JP Morgan Chase’s best and final offer pricing is slightly less than BMO, but they have two (2) local branches within city limit, with one of them within a walking distance from City Hall (versus the closest branches of BMO are located in South Gate and Compton) and their online banking platform is user friendly. In addition, JPMorgan Chase is ranked #1 in bank assets in the US with good banking stability.

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

Section 1. The City Council of the City of Lynwood hereby finds and declares that the foregoing recitals are true and correct, and incorporates them herein as findings and as a substantive part of this Resolution.

Section 2. That the City Council authorizes the Mayor to enter into an agreement with JPMorgan Chase to provide banking services to the City, approved as to form by the City Attorney.

Section 3. Authorize the Mayor to execute the Resolution for and on behalf of the City of Lynwood.
111
Section 4. This Resolution shall take full force and effect immediately upon adoption by the City Council.

Section 5. The City Clerk shall certify as to the adoption of this City Council Resolution.

PASSED, APPROVED AND ADOPTED this 20th day of February, 2024. _________________________
Jose Luis Solache
Mayor
ATTEST:
________________________ __________________________
Maria Quinonez Ernie Hernandez
City Clerk City Manager
APPROVED AS TO FORM: APPROVED AS TO CONTENT:

________________________ __________________________ Noel Tapia Harry Wong
City Attorney Director of Finance & Administration
112

STATE OF CALIFORNIA )
) §

COUNTY OF LOS ANGELES )
I, Maria Quinonez, 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 meeting held on the 20th day of February 2024.

AYES:

NOES:

ABSENT:

ABSTAIN:

_____________________ Date: _______________________
Maria Quiňonez,
City Clerk

STATE OF CALIFORNIA )
) §

COUNTY OF LOS ANGELES )
I, Maria Quinonez, 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. 2024.XXX on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 20th day of February 2024.
__________________________ Date: _________________________ Maria Quiňonez,
City Clerk
113

AGENDA STAFF REPORT

DATE:

February 20, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Ernie Hernandez, City Manager
PREPARED BY:

Julian Lee, Director of Public Works
SUBJECT:

PROJECT ACCEPTANCE FOR THE BULLIS RAIN GARDEN PROJECT - CIP NO. 4011.68.069
Agenda Item # 8.5.

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 BULLIS RAIN GARDEN PROJECT, FY 2022-2023 (CIP 4011.68.069) 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:

After the completion of the Bullis Road Street Improvement Project in June of 2020, staff noticed a stormwater drainage problem along the western side of Bullis Road between Martin Luther King Junior Boulevard and Platt Avenue. Water ponding caused by the stormwater drainage problem can cause accelerated deterioration of the street infrastructure and can lead to safety issues if not addressed.

Discussion and Analysis:

On December 20, 2022, the City awarded a contract to 316 Construction & Engineering, Inc. in the amount of $145,150.00. The Notice to Proceed was issued for construction to begin on January 26, 2023.

City Council City Council Regular Meeting 114
Scope of Work:

The Bullis Rain Garden Project consisted of
installation of three (3) sections of
rain garden to
mitigate stormwater drainage problems along Bullis Road from Martin Luther King Junior Boulevard to Platt Avenue.

Approved Budget:

The original contract amount with 316 Construction & Engineering Inc. was $145,150.00 During the construction phase, staff made an adjustment in the field to accommodate the discrepancies in the working conditions of the project. There was one (1) change order in the amount of $14,511.19 which extended the project scope of work to include additional landscaping and special trenching methods due to the rain garden’s vicinity to a petroleum line. The new contract amount including the change orders was $159,661.19.

The project
included a cost of $1,984.96 for project management, construction management, labor compliance, and others.

The total cost of this project was $161,646.15 which was within the budget amount of $659,878.00 from the 2019 Lease Revenue Bond.

Original Contract Amount
$145,150.00
One (1) Change Orders
$14,511.19
Project Management, CM, Labor
Compliance, and others
$1,984.96
Total Project Cost
$161,646.15

Construction was completed on July 26, 2023, and the Project is now ready for acceptance by the City Council. Once accepted, Staff can record the Notice of Completion at the County Recorder’s Office. Staff will then release retention 35 days after the project acceptance.

Fiscal Impact:

This CIP project (4011.68.069) had a FY23 Budget of $659,878.00. No additional appropriation was needed to complete the project.

Coordinated With:

City Council City Council Regular Meeting 115
02-20-2024 Bullis Rain Garden Acceptance (Resolution) - PWD.docx City Manager’s Office
Department of Finance and Administration Services
ATTACHMENTS:

Description
City Council City Council Regular Meeting 116
1 RESOLUTION NO.

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ACCEPTING THE BULLIS RAIN GARDEN PROJECT, FY 2022-2023 (CIP 4011.68.069) 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 Bullis Rain Garden Project consisted of but was not limited to, installation of three (3) sections of rain garden to mitigate stormwater drainage problem along Bullis Road from Martin Luther King Junior Boulevard to Platt Avenue; and WHEREAS, on December 12, 2022, 316 Engineering & Construction submitted a quote for the proposed work and on December 20, 2022, a contract was awarded in the amount of $145,150.00; and
WHEREAS, the construction on the Project started on January 26, 2023; and WHEREAS, there was one (1) contract change order executed in the amount of $14,511.19; and
WHEREAS, the final date of construction was July 26, 2023 and all work was completed in accordance with the project plans and specifications; and WHEREAS, the total construction cost including change orders, project management, construction management, inspection, and other cost is $161,646.15; and WHEREAS, the total construction budget was $659,878.00; and WHEREAS, no additional appropriation was needed.

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. That the City Council of the City of Lynwood accepts the Bullis Rain Garden Project (CIP 4011.68.069) as complete in accordance with contract documents.

Section 3. The City Council authorizes the Director of Public Works or his designee to process the recordation and filing of the Notice of Completion with the Los Angeles County Recorder’s Office.
117
2 Section 4. The City Council authorizes the release of the 5% retention 35 days after acceptance.

Section 5. Authorize the Mayor to execute the Resolution for and on behalf of the City of Lynwood.

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

Section 7 . The City Clerk shall certify to the adoption of this resolution and hereafter the same shall be in full force and effect.
(Signatures on Next Page)
118
3 PASSED, APPROVED and ADOPTED this 20th day of February 2024.

José Luis Solache
Mayor
ATTEST:

Maria Quinonez
City Clerk
APPROVED AS TO FORM: APPROVED AS TO CONTENT:

Noel Tapia Ernie Hernandez
City Attorney City Manager
Julian Lee
Director of Public Works
119
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 the20th day of _February, 2024, 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 20th day of February, 2024.

Maria Quinonez, City Clerk
120

AGENDA STAFF REPORT

DATE:

February 20, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Ernie Hernandez, City Manager
PREPARED BY:

Julian Lee, Director of Public Works
SUBJECT:

FIRST AMENDMENT TO THE BOWMAN INFRASTRUCTURE

ENGINEERS ON-CALL PROFESSIONAL ARCHITECTURAL SERVICES

AGREEMENT
Agenda Item # 8.6.

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

FIRST AMENDMENT TO THE ON-CALL SERVICES AGREEMENT WITH BOWMAN

INFRASTRUCTURE ENGINEERS FOR ON CALL PROFESSIONAL ARCHITECTURAL SERVICES; AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENT.” Background:

The City of Lynwood has a selected list of on-call consultants to provide on-call services for general engineering, traffic, utilities, and architectural design. These services are an essential part in maintaining the City’s workflow for day to day operations and Capital Improvement Project planning, coordination, and construction.

On November 13, 2023, staff received a proposal from Bowman Infrastructure Engineers (IE) for on-call general engineering, utilities engineering, traffic engineering, and architectural services. On November 28, 2023, staff interviewed IE for general engineering services. On December 19, 2023, staff recommended to City Council to award IE with an on-call professional general engineering services agreement.

City Council City Council Regular Meeting 121
Bowman Infrastructure Engineers Proposal
First Amendment to the On Call Architectural Services - Bowman (IE).doc Discussion and Analysis:

Due to the amount of services required for
the Capital Improvement Programs (CIP) with the
Public Works
Department
, Staff has determined to include IE as an on-call consultant for architectural services. Staff has determined that IE has shown the experience in working with architectural services in their proposal and have provided many services to the City previously.

IE has shown responsiveness, organization and communications that the City requires. Staff is recommending to City Council to approve the first amendment to the existing on-call professional engineering services agreement with Bowman Infrastructure Engineers for on-call professional architectural services with the City.

Fiscal Impact:

The compensation for the consultant will be paid based on the consultant’s fee proposal from various Fiscal Years 2023-2025 funds such as Utilities, General, Streets, and CIP Project Accounts. No additional appropriation is needed at this time.

Coordinated With:

City Manager’s Office
Department of Finance and Administration Services
ATTACHMENTS:

Description
City Council City Council Regular Meeting 122
City of Lynwood, CA
Professional Civil Engineering
On - Call Services
Statement of Qualifications
Submitted by:

Sid Mousavi, MSCE, PE, Senior Principal
Infrastructure Engineers, a Bowman company
3060 Saturn Street, Suite 250
Brea, CA 92821
714.940.0100 | [email protected] | bowman.com
Submitted to:

Julian Lee, Director of Public Works
City of Lynwood
11750 Alameda Street
Lynwood, CA 90262
November 13, 2023
123
Table of Contents
TAB # SECTION PAGE #
1 Cover Letter 2
2 Firm Organization, Credentials and Background 4
3 Approach to the Project 9
4 Project Experience 30
5 Qualifications of Proposed Personnel 50
6 Readiness to Provide Services 94
7 Agreement to City Contract Terms and Ability to Obtain Insurance 95 8 Legal Issues 96
9 Disclosures 97
10 Additional Statements 98
11 Fee Proposal 99
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01 Cover Letter
125
November 13, 2023
Julian Lee
Director of Public Works
City of Lynwood
11750 Alameda Street
Lynwood, CA 90262
RE: Professional Civil Engineering On - Call Services
Dear Mr. Lee:

Infrastructure Engineers (IE), a Bowman company, understands the need for help from time to time; hence the wisdom of developing a consultant on - call list of qualified engineering firms for the City of Lynwood to choose from. Providing as - needed services to municipalities is our forte, IE was founded on the premise of assisting cities when our services are needed.

Public works projects enhance the overall quality of life in cities by improving the physical structures, systems, and facilities that provide services to the community. Some projects can be large and expensive, and the assets they install, replace, or rehabilitate will likely be required to last for decades of public use. Therefore, you will want an engineering consultant that not only takes to heart the substantial financial investment involved, but also has the capabilities to undertake the varied anticipated projects and that knows the particular needs and expectations of the City of Lynwood.

It is a privilege to provide our qualifications for the Professional Civil Engineering Services On - Call Services for the City of Lynwood. At IE we do offer a full range of engineering services all under one umbrella, thus, we are submitting for all categories: General Engineering, Utility Engineering, Traffic Engineering and Architectural Services. We have established a reputation of meeting the expectations of our clients by employing experienced staff members who not only understand civil engineering, but also have a solid foundation of the inner workings of the municipal office and public works process. More than 90% of our staff, as part of their professional development, have worked for city governments as employees. As a result, our company is known for providing responsive, quality recommendations and solutions to a wide variety of civil and traffic design projects. We believe that successful projects are the result of a well - managed and motivated team, committed to being accountable and sharing ownership in the product or service that the IE team collectively provides.

We believe IE is your best choice to provide the requested civil / traffic / utility engineering services for the following reasons:

Qualified and Experienced Management Team - We are proposing Mr. Farzad Dorrani, MS as our Program Director and the main point of contact for delivery of every project that IE is assigned to perform. Mr. Dorrani will work with our designated project managers, for each of the categories of services that IE is assigned to undertake. We believe that this arrangement will best serve the city by having one person to process and assign work amongst IE’s management team. Our project manager responsible for Civil Design, Mr. Aidan Mousavi, 3060 Saturn Street, Suite 250, Brea, California 92821
714.940.0100
infrastructure-engineers.com | bowman.com
126
MBA, PE, QSP / QSD has more than 12 years of experience in various civil and traffic engineering disciplines.

He also has experience with contract administration, design, and regulatory compliance. Aidan has worked in various cities serving as their CIP manager gaining a set of skills that not only assists municipalities with projects but helps keep them within budget as well. Our Construction Manager, Mr. Masoud Sepahi, PE, LEED GA has over 30 years of experience in delivery of many complex CIP projects throughout Southern California. Mr. Sepahi has served in many leadership positions, such City Engineer for the City of Placentia for over 6 years, Director of Construction Management for the Los Angeles Metro and the City of Los Angeles for 10 years. Mr. Sepahi’s construction management team is ready and very eager to assist the city with all of the city’s construction support needs. Other key project / design mangers, include, Mr. Christopher Ley, PE who will be leading the Utility Engineering group and Mr. Amir Farahani, TE, PE who will be managing the Traffic Engineering projects.

Knowledge of the City of Lynwood - IE staff exclusively service local agencies and have an extensive history of successfully providing a wide range of services. In fact, we have been assisting the City of Lynwood with these services for over 15 years. Our experience and intimate knowledge of the City of Lynwood and numerous other cities that we have served minimizes training time and provides seamless project delivery, all of which results in cost savings to the city.

We encourage the city to contact our references and confirm our successful track record.

We Deliver Projects on Schedule and On Budget - We understand the city is often faced with budget constraints. IE has a history of successfully delivering projects with very limited budgets. We are committed to working with the city to keep your project on time and within budget.

Due to our experience dealing with many complex development projects, we bring fresh, new ideas to solve complex development projects. Each project, by its nature, is different from all others and it has its own unique challenges and solutions. Our staff rises to these occasions by working collaboratively to find sound engineering design solutions.

We possess the talent and capabilities to provide the City of Lynwood with the engineering, design, and review services described in the RFQ while maintaining your strict budgeting priorities.

Our office nearest to the City of Lynwood is located at 13200 Crossroads Parkway North, Suite 400, Industry, CA 91746. We will provide the proposed services from our headquarters located at 3060 Saturn Street, Suite 250, Brea, CA 92821.

As an officer of the firm, I am the authorized to negotiate, contractually bind and extend the terms of our Statement of Qualifications (SOQ). This SOQ will remain valid for a period of not less than 90 days from the date of submittal. Farzad Dorrani, a principal of our company, will serve as the Program Director, main point of contact throughout the duration of the contract and will be responsible for the services listed in the RFQ. Farzad can be reached by phone at 714.940.0100, by fax at 714.940.0700, or by email at [email protected]. We thank you for this opportunity to continue being of service to the City of Lynwood.

Sincerely,
Sid Mousavi, MSCE, PE
Senior Principal
infrastructure-engineers.com | bowman.com
127
02 Firm Organization, Credentials and Background
128
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 4 Firm Organization, Credentials and Background
Infrastructure Engineers (IE), a Bowman company is a corporation that was founded in 1994. IE’s mission is to provide professional engineering, planning, environmental and municipal services to cities and counties throughout Southern and Central California. As a results driven engineering service provider focused on public sector assignments, IE provides services that include civil design, construction management, traffic engineering, community development planning, environmental services, water / wastewater engineering, and staff augmentation for municipal and state agencies. IE is of sound financial condition and has no pending conditions that may impede our ability to provide the requested / proposed services. IE has no alleged significant prior or ongoing contract failures, any civil or criminal litigation or investigation pending which involves the IE or in which the IE has been judged guilty or liable. 56 Years in Business
Combined
$277
Current Revenue Pace (Millions)
83 Offices Nationwide
2,000
Number of Employees (Approx.)
IE will provide the proposed services to the City
of Lynwood from our Brea, CA headquarters.

IE provides a breadth of professional
engineering, planning, environmental,
geospatial and municipal infrastructure services
to cities and counties throughout Southern and
Central California.

As of June 13, 2023, Infrastructure Engineers
has officially joined Bowman. This change
provides a strong foundation for us to merge
our comprehensive skillsets while offering the
same level of commitment to our clients and
employees.

Our History
• Building & Safety
• ADA Compliance
• Building Inspection
• Plan Check
• Civil Engineering
• Land Use Planning
• Environmental Consulting
• Water / Wastewater
• Construction Management
• Traffic Engineering
• Survey & Geospatial
Services
• Municipal
• Industrial
• Water / Wastewater
• Technology / Data Centers
• Residential
• Parks & Recreation
Markets
129
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 55 Firm Organization, Credentials and Background (cont.) National Footprint ...One Team!
With more than 80 offices nationwide, we
continue to add staff, services, and locations to
continue to provide the best development and
infrastructure services to our clients.
2,000+ Employees
120+ Fully Equipped Field Survey Crews
300+ Professional Engineers
60+ Professional Surveyors
100+ Right-of-Way and Land Professionals
13 Environmental Specialists
90+ Planners and Designers
20+ Registered Landscape Architects
Team Members Awards
Zweig Group - Hot Firm’s List - #9 (2023)
Engineering News Record
#87 - Top 500 Design Firms (2023)
#69 - Top 500 Design Firms Pure Designers (2023)
#22 - Mid-Atlantic - Top Design Firms (2023)
#44 - Southeast - Top Design Firms (2023)
#78 - New York - Top Design Firms (2023)
#57 - Texas & Louisiana - Top Design Firms (2023)
National Business Journals
#8 - Washington Bus. Journal Largest Engineering Firm (2023) #5 - Washington Bus. Journal Largest Landscape Architecture (2023) #18 - Louisville Business First Largest Engineering Firm (2023) #12 - Philadelphia Business Journal Largest Engineering Firm (2023) #17 - Phoenix Business Journal Largest Engineering Firm (2023) #42 - Dallas Business Journal Largest Engineering Firm (2023) MEP Giants - #88 (2022)
Bowman has grown not for the sake of
growth, but on behalf of our customers.

Our clients know their industry, their product
and their end-user. It’s our job to know our clients, their project drivers and how to achieve them. By leveraging
the expertise of our local teams and the extensive knowledge of our national resources, Bowman stands ready to deliver innovative development strategies, design concepts and
technological advancements to your next project.
130
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 6 Firm Organization, Credentials and Background (cont.)

PRINCIPALS OF THE FIRM

SID MOUSAVI, MSCE, PE - SENIOR PRINCIPAL AT INFRASTRUCTURE ENGINEERS (IE), A BOWMAN

COMPANY
Sid has over 35 years of experience in engineering projects covering a wide range of municipal management, civil engineering, transportation, public works, construction management, traffic engineering, community development and redevelopment, parks and recreation facilities, and public and private land development. Sid is responsible for the direction and administration of internal services, civil engineering design, city services and other corporate management responsibilities and matters. Prior to joining IE, Sid’s accomplishments included serving as City Manager, Director of Public Works, and City Engineer for various cities in Southern California, with responsibilities for directing and administering such functional elements as engineering, planning, building and safety, facilities and equipment, landscaping, streets, environmental services, transportation, transit and other municipal services. Responsibilities also included communication with city councils, city commissions, other city departments and governmental regulatory agencies, utility companies, contractors, consultants, and the general public. Sid has performed the entire spectrum of engineering activities, which include engineering investigations, conceptual and feasibility studies, planning / scheduling, design, specifications, cost analysis, cost estimating, contract negotiations, construction management and engineering support services. Sid has served as the contract City Engineer for the Cities of Bell Gardens, Montebello, Irwindale, La Puente and Baldwin Park.

FARZAD DORRANI, MS - PRINCIPAL OF OPERATIONS AT INFRASTRUCTURE ENGINEERS (IE), A

BOWMAN COMPANY
Farzad has over 30 years of experience in a variety of civil engineering projects. He has worked extensively on major infrastructure and public works improvement and rehabilitation projects throughout southern California for various agencies, such as the cities of La Puente, Montebello, Anaheim, Irwindale, Malibu, as well as the Alameda Corridor - East Construction Authority. Farzad’s experience includes roadway design projects, parks, and downtown revitalization design projects, contract procurement, construction management, project management and administration.

AIDAN MOUSAVI, MBA, PE, QSP / QSD - PRINCIPAL OF DESIGN SERVICES AT INFRASTRUCTURE

ENGINEERS (IE), A BOWMAN COMPANY
Aidan’s professional focus is primarily in the field of city engineering and environmental infrastructure by providing civil engineering assistance to Public Works and Engineering Departments. He works closely with cities to ensure compliance with the National Pollutant Discharge Elimination System (NPDES). Aidan has developed strategies for the efficient use of Best Management Practices (BMPs), thus gaining a set of skills that not only assists municipalities with compliance but helps keep them under budget as well. Aidan is familiar with municipal protocols and works within these structures to conduct field inspections and develop annual compliance reports. As an MBA graduate, Aidan brings his academic knowledge to IE to work with the firm’s Operations Manager to manage all Capital Improvement Program (CIP) and non - CIP projects.

MASOUD SEPAHI, PE, LEED GA - PRINCIPAL OF CONSTRUCTION MANAGEMENT SERVICES AT

INFRASTRUCTURE ENGINEERS (IE), A BOWMAN COMPANY
Masoud offers more than 30 years of construction management and design experience covering a wide range of civil, buildings, utilities, airports, and many other challenging and complex infrastructure projects. Most recently, as the City Engineer for the City of Placentia, Masoud managed the delivery of numerous CIP projects, including many similar projects, currently planned by the City of Lynwood. Masoud’s construction management experience includes many iconic programs and projects, such as the Police Administration Building and the Los Angeles Convention Center Expansion projects in downtown Los Angeles, the Crenshaw / LAX Transit Line, the Purple Line’s Advanced Utility Relocation and many Roadway 131
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 7 Firm Organization, Credentials and Background (cont.) Improvement Programs for the City of Los Angeles. Masoud has gained valuable knowledge of the local policies and procedures in addition to codes and regulations through recent interactions with various city and private utility agencies.

Masoud stands ready and eager to assist the City of Lynwood with delivery of the upcoming CIP projects.

JAY SHIH, MS, PE, CASP , CBO, QSP / QSD - PRINCIPAL OF BUILDING AND SAFETY SERVICES AT

INFRASTRUCTURE ENGINEERS (IE), A BOWMAN COMPANY
Jay is a veteran civil engineer, building official, construction manager, access specialist, structural and engineering designer and plan checker with 35 years of experience. Jay has spent his career working for public agencies and consulting companies providing highly skilled design, building and engineering plan check and construction management of buildings, sewers, storm drains, streets, sidewalk, curb ramps, grading and stormwater management.

SUBCONSUL TANTS
Dennis Janda, Inc. (DJI) - Land Surveying
DJI is a private corporation providing land surveying and mapping services and is a Certified Small Business Enterprise in the state of California. The owners and managers of DJI have worked together for both public and private sectors clients, throughout Southern California since 1997. DJI’s core staff has their roots in the traditional disciplines of land planning, civil engineering, land surveying and mapping mainly working on development and public works projects throughout California. This experience using and participating in the evolution of surveying and mapping practices has helped in their ability to contribute in time and cost saving practices and processes from project conception through the development, to recording. Upon this foundation DJI added a diverse team of professionals using the best use of equipment and technology to contribute to their client’s specific project goals and schedules.

Associated Soils Engineering, Inc. (ASE) - Geotechnical Engineering Since 1990, Associated Soils Engineering, Inc. (ASE) has provided geotechnical design, geology, and material and construction testing services throughout southern California. Their in - house laboratory is one of the most complete and efficient in the industry. ASE provides services to a vast range of clients including private industrial and commercial owners, city and county public works, residential home builders, architects, construction managers, school districts and universities.

Location of Office to Provide Services
42164 Remington Avenue
Temecula, CA 92590
Legal Entity
Corporation
Year Established
1997
Location of Office to Provide Services
2860 Walnut Avenue
Signal Hill, CA 90755
Legal Entity
Corporation
Year Established
1990
132
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 8 Firm Organization, Credentials and Background (cont.)

SUBCONSUL TANTS
Infrastructure Architects, Inc. (iArch) - Architectural Services iArch was incorporated in 2017 in the state of California. The fundamental line of business for Infrastructure Architect is facilities for municipalities. iArch has successfully worked with several municipalities helping with design of new parks, renovating and upgrading existing parks, planning and designing concepts for community centers, senior centers, retrofitting and tenant improvements for re - purposing the city offices, designing new and retrofitting existing restroom facilities, roof and HVAC renovations and other types of facility for municipalities. A small portion of their work involves developers and national corporation such as Chevron and Shell corporations. Their staff is made of seasoned professionals that have many years of experience working with municipalities and private developers. They take pride in partnering with the municipalities to create a better condition for the city residents as that is their ultimate goal and accomplishment. Their objective is to create a positive change anywhere that they provide their professional services.

Location of Office to Provide Services
222 S. Harbor Boulevard, Suite 705
Anaheim, CA 92805
Legal Entity
Corporation
Year Established
2017
133
03 Approach to the Project
134
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 9 Approach to the Project
We understand that public agencies often have ongoing needs for engineering services that may exceed their staff’s availability, or the agency may prefer to engage firms that offer a broad spectrum of services, with the ability to take projects from the feasibility stage through 100% design, bid and award and on to completion. Rather than going through a separate selection process each time the need for such services arises, the on - call contract provides a quick solution to get those needed services completed.

IE has had the pleasure of working with the City of Lynwood in a similar capacity for more than a dozen years. As such, we understand the nature of the on - call process, one element of which is responding quickly when you need us. In addition, we understand your expectations and preferences by having worked alongside your staff and being involved in your organization. Ultimately, the city needs a firm that can engage and manage the members of its organization as extensions of the city staff. IE team members continue to gain the respect and confidence of the city staff and stand ready to carry on this important responsibility for the term of the contract.

Understanding the city’s budgeting format, procedures and practices is vital for any consultant. Our staff have worked directly with city staff, at the city’s offices, for several years. We have established relationships, and we know your organization and your expectations; thus, there will be no learning curve or coming up to speed – we are already here and fully committed.

APPROACH
This section provides our approach to the delivery of each individual service needed by the city and as outlined in the RFP . For all disciplines, each project is launched in a prescribed manner that provides the basis for constant and consistent communication with the city - to keep you informed during all phases.

For all disciplines, IE will serve as an extension of city staff. This includes working with city’s project representatives regularly and remaining in constant communication with the entire design and construction management team to ensure successful and timely delivery of every project.
• Meetings will be conducted for which agenda notices will be distributed at least two working days before each meeting. • Meeting minutes will be distributed within one week of the meeting, identifying action items assignments and due dates. • Bi - weekly Project Status Reports will be provided, identifying tasks completed and planned, issues to be resolved, project schedule update and project trends. These reports will serve as a primary tool in monitoring project progress and keeping the city’s staff informed.
• Progress review meetings will be held internally by IE on a regular basis to update the project team on project development and critical tasks.
• Prior to releasing any document to the city or other agencies, an extensive review will be performed by both the Project Manager and QA / QC Team.

IMPLEMENTATION PLAN
IE’s approach to all projects follows a proven path of work elements and tasks that ensure a successful project. Working directly with the city’s Project Manager, IE’s Program Director, Mr. Farzad Dorrani and IE’s management team will formulate a resource allocation plan and a proposal for the city’s review and approval. Upon approval of the work plan, IE’s design / construction team will commence work immediately to meet the delivery of each task. For any of the design projects, Aidan Mousavi will be the lead. Once the project has been accepted by the city and it’s ready to move into the construction phase, Masoud Sepahi, the Director of Construction Management Services will take over by taking the project through bid / award process and the construction phase. This is our overall project implementation approach, which can be modified or rearranged to the satisfaction of the city. Upon issuance of the Notice to Proceed, IE will review the project objectives and 135
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 10 Approach to the Project (cont.)
requirements, schedule a kick - off meeting with the city staff and task leaders to discuss scope of work, project budget, and schedule. IE will prepare a work plan and assign team members to each task for maximum efficiency of resources and when project activities need to be handled simultaneously. Once team assignments are complete, a team coordination meeting will be held to identify key components of the project. As a part of this process, the project will be reviewed to ensure that all project elements meet the requirements of the funding source. In addition, all current design standards impacting the project, including federal and state ADA requirements, will be identified to be included in the project. IE’s team members will also be encouraged to think outside the box to identify the challenges of the project and develop and implement innovative design strategies to create cost efficiencies. All of IE’s projects are designed to ensure that project impacts to the public are minimized. IE is committed to providing the City of Lynwood with the highest level of quality and we will continuously work with the city to update the proposed work plan to fit within the city’s schedule and all other requirements. The following flow - chart summarizes our approach for delivery of each CIP project, being assigned to the IE team of Designers and Construction Managers.
136
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 11 Approach to the Project (cont.)

ENGINEERING DESIGN SERVICES
IE will provide full engineering design services in support of public works projects. Our team of engineers will take the following approach for every project that we design for our clients:
• For a typical CIP project, the process consists of conducting a project kick - off meeting with city personnel to learn and document the precise scope of the project, background, budget and schedule. This will allow our team to formulate and prepare a work plan including all the resources that are needed for a successful delivery of the project. During this meeting, the IE team will discuss specific design criteria along with preferred project strategies, cost limitations and, most importantly, potential issues, challenges and opportunities associated with each project that IE manages. Upon learning more on the project scope and timelines, IE will develop a master schedule and budget for all phases of the project being assigned including clear identification of milestones for all facets of work. • As part of IE’s internal project procedures, all project staff participate in a monthly project status meeting with key staff.

This meeting serves as an additional quality control check to ensure that all aspects of the project move forward seamlessly ahead of schedule, and to ensure that resources are allocated as needed. • Useful records pertaining to the proposed work may exist, such as existing improvement plans, maps, as - built drawings, utility plans, reports, studies, and other pertinent information within the projects’ limits. Additionally, there may be proposed improvements that will affect the design of the project. The design team will review these existing records and incorporate them into the design of the project, as appropriate. The city, county and utility companies will be contacted, and all information gathered regarding, existing utilities, easements, obstructions, etc. will be used as a part of the base map.
• Throughout the entire design phase, IE’s project manager will maintain communication with the city, by preparing a monthly status report, in addition to conducting a meeting, with city staff. IE will prepare and submit Plans, Specifications and Cost Estimates (PS&E) to the city at different intervals; 35%, 65%, 95% and 100% levels of completion. Although monthly reports will be provided, IE will proactively keep the city’s Project Manager informed of any new developments, issues or factors involved in the project and offer alternatives to solve any unforeseen conditions discovered during the design phase.
• For every meeting that IE conducts, staff will prepare agendas of special items that warrant discussion at the meetings and prepares and distributes minutes with action items to all involved parties. • On projects, where either land surveying, or boundary surveying is required, IE will arrange for conducting a full survey. Mr.

Dennis Janda, PLS of Dennis Janda, Inc., brings a wealth of geodesic and spatial surveying experience and will complement our team by assisting with all right - of - way and surveying services needed for the projects. • IE team will perform a site investigation to evaluate the existing condition of items pertaining to the design. During this investigation, locations of damaged or distressed features will be inspected. As part of this investigation, IE will also inspect the project site for compliance with the Americans with Disabilities Act (ADA) accessibility non - compliant features will be identified and noted. Existing drainage patterns will also be investigated and reviewed to determine any adverse slopes that may exist for every street improvement projects to eliminate any potential ponding issues. • IE will also conduct fieldwork to verify the locations of surface utility features within the project limits. During the field investigation, we will validate the locations of other special features and items such as traffic signal loops, overhead cables, potential encroachments, such as fences, walls, etc. In conjunction with all the information researched, IE will notify affected utility companies of the impending project and we will arrange for meetings to coordinate any necessary relocations that may be necessary. Surface features requiring adjustment will be identified and properly coordinated with the corresponding utility company.
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Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 12 Approach to the Project (cont.)
• If the proposed improvements interfere with existing utilities, we will arrange to have potholes taken by the utility companies. If the utility company has prior rights, we will negotiate with a contractor to pothole the utilities to obtain elevations and pinpoint the locations of the utilities. We will provide the city with copies of all correspondence with the utility companies compiled in a book report at the submittal of 95% plan completion, to ensure due diligence and follow - through with the utility companies.
• IE will review all available existing analysis reports. Based on review of these reports, we will recommend to the city if additional, supplemental or completely new reports or analysis will be needed. Our subconsultant for geotechnical Engineering is Associated Soils Engineering, Inc. (ASE). They will provide all the necessary geotechnical investigations including, pavement testing and subsurface analyses, by taking samples and laboratory testing. In addition, ASE will assist the team with taking core samples of the pavement to determine the thickness and the condition of the Asphalt Concrete (A / C) pavement for use in our design of the roadway rehabilitation projects. • A base map will be prepared and used for the preparation of construction drawings. This will show existing features necessary to depict the intended work within the project. As - built plans, field measurements and field survey work will be used for the compilation. The field survey work will be limited to those items and areas necessary for the proposed design.

This includes obtaining adequate topography and cross sections in areas of street widening or water or sewer line projects.

This approach is anticipated to present cost savings to the city while maintaining the intent and quality of the design work. • IE will prepare all plans to the city’s standards, utilizing base mapping based upon the agreed concepts presented to the city for all types of improvements. IE will utilize the codes, standards, regulations, which have been adopted by the city, in addition to the Standard Specifications for Public Works Construction, which is the standard norm, used by major municipalities. IE continues to update and incorporate new technologies used in our design and construction practices. IE staff are active members of the ASCE, APWA and other organizations, which always strive to introduce and promote new methods and standards for public works projects throughout the country. • IE will prepare a comprehensive set of technical specifications in addition to a complete list of bid items required to thoroughly cover items described in the project plans and bidding instructions. IE will review and incorporate on every contract, the general conditions and special provisions in the bid package, to address, labor compliance, Federal Grant Funding provisions and any other special requirement that the city might have.

In some cases , IE will include Additive Alternatives for items on the bids, that the city may want to include, either as additional work items, or pricing for inclusion of certain items that the city may want to add to the scope of the project.

IE will prepare construction cost estimates for verification of project budget and assistance during the contractors bidding process. Measurement of units will be contained in the specifications with additional details for lump sum items, as necessary.

Unit prices will be derived from current bid information on similar work within the project area. • IE will prepare PS&E submittal package for city’s review at certain milestones, depending on the scope of work for each project. The PS&E deliverables are scheduled for delivery at 35%, 65%, 95% and 100% packages. A final set of signed Mylar plans, along with specifications and estimates, will be submitted to the city for bidding purposes. • Upon completion of PS&E, IE will coordinate with the City Clerk Office’s to present the final design to City Council for approval. All council meeting agendas and staff reports will be coordinated through the city’s Project Manager. • In addition to the initial Project Definition and Program Development Meetings, continuous coordination and updates will be required between the design team, the city’s Project Manager and other stakeholders, including utility agencies, permitting agencies, and any other funding source coordinators. Progress reports will be provided at appropriate intervals and, as necessary, to document project status.
• IE will prepare as - built plans based on the red mark - up plans provided by the contractor at the end of construction and submits them to the city for their retention and filing. 138
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 13 Approach to the Project (cont.)

TRAFFIC ENGINEERING
Providing traffic engineering services is one of IE’s core disciplines. We have the know - how to produce warrants assessments, traffic signal design and synchronization, system integration, construction management of signal installation, and funding opportunities. Our team is knowledgeable in standards and guidelines for Caltrans, the County of Los Angeles, the California Manual on Uniform Traffic Control Devices (CA - MUTCD) and other relevant traffic standards and methodologies, including the State of California vehicle code. Our extensive traffic engineering knowledge sharply honed technical skills, and decades of combined experience make us invaluable to our client cities as we help them keep the roads safer and assist them with implementing new technologies and renovations.

Traffic Engineering Studies, Designs and Surveys
The team that we are proposing for the city possess all the qualifications required in the RFP to prepare and supervise the production of all manner of traffic studies, including traffic impact analysis, warrant studies for new traffic signals, all - way stop controls and left - turn phasing analyses, various street improvement and traffic impact mitigations, accident analysis reports, and engineering and traffic surveys. All of which is needed to update the city’s posted speed limits per California Manual of Traffic Control Devices (CA - MUTCD). Our proposed staff of professionally registered traffic engineers and civil engineers will also prepare design plans for street improvements in addition to reviewing designs prepared by other public or private consultants.

For traffic studies prepared for public and private projects, our professionally registered traffic engineers and transportation planners will review and comment on traffic studies at the start of the study’s scope of work determination phase. Our experienced team have prepared countless traffic study reports and are highly knowledgeable of local and regional guidelines and policy / procedures, ensuring a thorough and quality report. Our traffic engineer will review the study for the data, assumptions and methodology used and completeness per scope. The traffic engineer will manually check critical calculations in addition to employing the latest traffic engineering software available when needed. A revised study that addresses precise comments will be recommended to be prepared, if needed. The final review will be completed upon submittal of any revised study and a recommendation letter will be prepared for the study’s approval or corrections within one week. Our traffic engineer will also represent the city in any community meetings, planning commission and City Council meetings and hearings on projects. Our team of professionals have experience in all aspects of traffic engineering listed below.

Traffic Signal Design and Modification Traffic / Transportation Feasibility Transportation Planning Traffic Signal Synchronization Traffic Impact Analysis (TIA) Local Transportation Traffic Signal Construction Management ITS Development, Design and Implementation Regional Transportation Community and Neighborhood Traffic Issues Safety Studies Multi - Modal Transportation Plans CIP Project Development, Design and Implementation School Route Analysis Staff Augmentation Traffic Studies Traffic Engineering City Traffic Engineer Speed Survey Transportation Planning Assistant Traffic Engineer EIR Studies / CEQA / NEPA MTA Call - For - Projects Process (Funding) Overflow Workload Traffic Circulation Studies Traffic Engineering Design Rail Grade Crossing Project Reports (PR) Traffic Signal and System Design ITS Design and Implementation Project Study Reports (PSR) Interconnect Design Traffic Control and Detour Plans Traffic Calming Studies Signing and Striping Bike Lane Assessment & Improvements 139
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 14 Approach to the Project (cont.)
Traffic Warrant Studies
Our team of registered traffic engineer can be on hand to perform warrant studies in conformance with all federal, state, and local regulations, CA - MUTCD requirements and per city standards, ordinances and regulations for traffic signal or stop sign installations. They conduct a comprehensive field investigation and collect all field data required for each type of warrant. This data typically includes collision history from Statewide Integrated Traffic Records System (SWITRS) of California Highway Patrol and Transportation Injury Mapping System (TIMS) of University of California at Berkeley. Additionally, 24 - hour average daily traffic (ADT) volumes, peak - period turn movement counts of vehicular, pedestrian and bicyclist traffic and vehicular traffic speed data can also be collected.

After a thorough review, our team will determine if the relevant warrants satisfy signal or stop sign controls. After analyzing all relevant data, the warrant study will be prepared. All associated reports, documents, plans and maps will include the registered engineer’s stamp and wet signature to certify the accuracy and adequacy of the study. Upon completion, our traffic engineer will present the studies to the appropriate department, commission, or council meeting. Following the presentation of our findings, our traffic engineer will proceed to prepare design plans, cost estimates and specifications for any improvements upon direction from city’s Traffic Engineer.

Intersection Design Plans, Including Traffic Signal Plan When creating intersection design plans and traffic signal plans, our registered traffic engineers will collect all relevant traffic control needs and roadway safety information required for specific intersections prior to the preparation of traffic signal, street improvement and traffic control and detour plans. The CA - MUTCD and other Caltrans Standard Plans and Standard Specifications will be adhered to, and the final plans will have our registered engineer’s stamp and wet signature to certify the accuracy and adequacy.

Staff Reports for City Council or Planning Commission Meetings Our team of engineers prepare traffic - related staff reports for presentation at Planning Commission and City Council meetings as directed by client Cities. The reports contain data and information gathered from staff records and collected by our personnel. The reports are submitted to the Cities two weeks prior to any meetings, offering ample time for the Planning Commission and City Council members to thoroughly review the information in advance of the meetings. Our team is available to answer any questions posed by the city regarding these reports and attend the meetings to address any public comments.

Meetings with Public Works Staff and Other City Departments Our proposed Project Manager, in addition to our knowledgeable staff, can be available to meet with city’ public works staff and any other department staff to provide timely information and promptly respond to community concerns while addressing public inquiries. Our team can provide professional and pragmatic recommendations for traffic and parking improvements to meet the city’s long - term needs while addressing short - term concerns.

Meetings with Project Applicants and Developer
Our professionally registered Traffic Engineer (TE), or another appropriate engineer, can be available to meet with the applicant or developer’s representatives of any development projects, per direction of the city; and we will provide professional input and written comments on the items discussed in the meetings.

Attendance at the City’s D / ERC, Planning Commission or City Council Meetings If requested, we can have our Traffic Engineer attend the city’s scheduled Development / Environmental Review Committee meetings as well as Planning Commission and City Council meetings, and we will actively participate and provide written comments on traffic engineering items discussed. 140
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 15 Approach to the Project (cont.)
Meetings with the Staff of SBCTA and Caltrans
Our Traffic Engineer can attend meetings held at regional agencies - such as San Bernardino County Transportation Authority and Caltrans District 8 - as a representative of the city. We will provide the city professional input and written comments on the items discussed in the meetings.

Review and Comments on Plans and Studies by Others
Our professionally registered Traffic Engineer and transportation planners can review and comment on traffic studies prepared for public and private projects. They have prepared numerous traffic studies and are well - versed with all local and regional guidelines and policies and procedures, including the latest State - mandated CEQA - required Vehicle Miles Traveled (VMT) analysis procedures (per SB 743) for Transportation Impacts determination. Our team can outline all key requirements and issues to be addressed in the study and clearly communicate the requirements to the applicant to ensure all expectations are fully met when the study is delivered for review. The Traffic Engineer can then prepare a list of precise comments to be addressed in a revised study, if needed. The final review can be completed upon submittal of any revised study and a recommendation letter can be prepared for the study’s approval or corrections within a week. Our Traffic Engineer can also represent the city in any community meetings, Planning Commission, and City Council meetings or hearings regarding the reports.

Determine Need for Traffic Controls and Recommendations for Traffic Ordinances, Resolutions and Traffic Impact Mitigation
Our traffic engineer can review and determine needs for specific traffic controls at intersections or street segments, including traffic signals, traffic and parking control signs and markings, posting of speed control signs, etc. Our traffic engineer can prepare recommendations for any traffic ordinance or City Council or Planning Commission resolutions, as requested. Our traffic engineer can also review any traffic impact mitigation plans, strategies or programs proposed by private developers. The engineer can prepare written recommendations on the effectiveness and implementation of the proposed plans, strategies, and programs.

Other Duties as Assigned by City Traffic Engineer
Our Traffic Engineer can be available to assist the city’s Traffic Engineer as requested for any traffic engineering project. The description of some typical additional services IE provide are shown in the following:

GIS Mapping
Our assigned civil engineer is an experienced design engineer and highly skilled at creating GIS data and maps. Our GIS mapping services can create databases and exhibits of citywide roadway networks for application in Pavement Management System (PMS) reports, citywide bus shelter locations, and other location maps. For PMS report map exhibits, citywide inventories of existing roadways can be color - coded to differentiate varying roadway conditions based on pavement condition index (PCI) scores. Our GIS staff regularly use the respective County’s GIS Data Portal to download and manipulate data on ArcMap for the purpose of locating underground utilities as well as verifying right - of - way and parcel information.

Conceptual Engineering and Presentation for Grants and Regional Transportation Planning IE staff have extensive project - specific experience in writing grant applications and securing funding for municipalities and local agencies over the years. We can prepare engineering conceptual plans, reports and documents under city’s direction and guidance for submittal and presentations to grant agencies, including SBCTA, Caltrans, Southern California Association of Governments (SCAG) and other regional transportation planning agencies. 141
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Traffic Control Plans for Capital Improvement Projects
IE staff have a proven record of successfully managing capital improvement projects and other roadway and traffic engineering construction projects for several Southern California cities and municipalities. Our registered Traffic Engineer has prepared numerous traffic control and detour plans for construction projects while prioritizing traffic and pedestrian convenience and safety. The Traffic Engineer assigned to these tasks for the city will promptly collect all relevant traffic control needs and roadway safety information upon a request from the city and prepare the appropriate plans for application to the specific projects. The CA - MUTCD and Caltrans Standard Plans and Standard Specifications will be used in preparing these plans. The plans will have the registered engineer’s stamp and wet signature certifying accuracy and adequacy.

UTILITY ENGINEERING
It is our understanding that the City of Lynwood is soliciting proposals from municipal engineering consultants to provide engineering design services for water, sewer, and possibly storm drain utility projects on an as - needed basis. Many of the anticipated projects are from the city’s CIP while other projects outside this program have also been identified. IE specializes in providing engineering and construction management services on on - call contracts. We know how to mobilize quickly to provide a full spectrum of services required. We understand and will provide all services for the city’s water, wastewater, and stormwater projects, including environmental reporting and compliance, traffic and detour engineering, surveying, mapping, legal descriptions, staking, geotechnical, and structural services. The City of Lynwood is committed to providing exemplary utility services to the community and, therefore, the consultant selected must have the necessary experience and qualification to be considered.

IE will serve as an extension to the city staff. This includes meeting with city project representatives regularly and remaining in constant communication with them to ensure successful and timely delivery of the project. Bi - Weekly Project Status Reports will be issued by IE. Meetings, as necessary, will be conducted for which agenda notices will be distributed at least two working days before each meeting. Meeting minutes will be distributed within one week of the meeting identifying action items assignment and due dates. The Bi - Weekly Project Status Reports will identify tasks completed and planned, issues to be resolved, project schedule update, and project trends. These reports will serve as a primary tool in monitoring project progress and keeping the city’s staff informed.

IE also intends to meet and / or communicate with city staff, city administration and Council, utility companies, Caltrans, and / or other agencies (as necessary) to coordinate the project design. For each meeting an agenda and notes will be prepared by IE to summarize issues discussed and for distribution to city and others at each meeting.

Approach
IE’s approach to project management and production is based on a strong commitment to total quality assurance. The design approach follows a proven path of work elements and tasks ensuring a successful project. Working directly with the city’s Project Manager, our Senior Engineer, Christopher Ley, will lead the Utility Design team through the entire design production.

Upon issuance of the Notice to Proceed, Christopher will review the requirements, prepare a work plan and make team assignments for maximum efficiency of resources. Christopher will assume the role of coordinator and will develop a project management plan for the project for IE’s staff and for our survey subconsultant. The project management plan will include the development of a comprehensive management and control system, which will ensure the project is completed on time and within budget. To ensure accurate monitoring and tracking of plans, revisions and progress, a document tracking and control system will be established. The steps to project development and completion will follow the steps outlined here. 142
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Task 1: Project Meetings
IE will schedule a kickoff meeting with city staff to initiate the project. At that meeting, coordination and scheduling between IE and the city will be discussed and the methods of communication decided upon. The city’s goals and objectives will be reviewed. IE will review information provided by the city prior to the meeting and will discuss any questions or clarifications needed. A project time schedule will be reviewed with the city and incorporated into a final time schedule to be prepared by IE. Subsequent monthly progress / submittal meeting dates will be agreed upon. IE will be responsible for preparing the agendas and minutes of each meeting. At the subsequent meetings, IE will report on project progress, both in writing and orally. Forthcoming activities and anticipated deliverables will be discussed at these meetings, as well as the city’s comments on documents previously submitted by IE.

Task 2: Research
The IE team will conduct research of available information, maps, data on the existing sewer system, and of any previous hydraulic analysis and modeling, including the most recent Master Plan for the project area. In addition, other factors will be reviewed and addressed including, but not limited to a review of tentative construction phasing provided by the city to evaluate and provide any recommendations on the most efficient and cost - effective contracting strategy, especially in areas that have a high potential for conflicts (e.g., near high traffic areas); traffic control, particularly on main arterial streets and where access will be an issue; and research on possible conflicts with existing utilities and other services (e.g., trash pickup).

Task 3: Modeling
As needed, IE will provide modeling based on assembled information on the existing system. Results of the modeling and recommendations by IE for project solutions will then be submitted to the city for review and approval. IE will be using Hydra for all sewer system and storm drain modeling work and production of data tabulations.

Task 4: Surveying
Upon receipt of the city’s Notice to Proceed, the IE surveyor will begin field survey work for all open - cut remove - and - replace segments. All possible alignments will be surveyed and base maps will be prepared and submitted in AutoCAD format. Surveying will include dipping all utilities manholes and will also take into account curbs and gutters, sidewalks, rights - of - way, water, street lights / pull boxes, retaining walls, structures, and catch basins. All local physical culture features will be surveyed for preparation and design of the plans that will be needed for construction of the new or replacement water, storm drain, or sewer lines in the existing paved streets.

Task 5: Geotechnical
Upon receipt of the Notice to Proceed, the geotechnical investigation work will begin with soil borings on all open - cut remove - and - replace segments to determine thickness and condition of street pavements and the sub - base soil conditions.

Borings will be drilled to a minimum of three ft deeper than the lowest required invert. A report on the investigation findings will be prepared and submitted to the city for review at the 30% - level of submittal. The report will contain recommendations for construction of the water, storm drain, or sewer lines by open - shored trenching and, where appropriate, trench - less construction and replacement of the street section to meet city standards. The report will also include recommendations on pipe bedding for the pipe to be used.

Task 6: Utility and Other Agency Coordination (Caltrans, etc.) Upon initiation of the surveying and geotechnical work, IE will begin the utility coordination process of notifying the known utilities and other substructure owners of the project and requesting plans for their facilities. Once alignments of water, storm drain, or sewer lines have been verified, the utilities / substructures will be plotted to determine if any conflicts exist within the preliminary route and alignment. With the alignment plans showing any potential utility / substructure, the preliminary plans will be submitted to the city as plans at the 60% - level of completion. Should there be any utility / substructure conflicts that cannot be resolved by design efforts, meeting(s) and discussions will be held with the utility / substructure owners to obtain resolution of the conflict.
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Task 7: Environmental
The IE environmental specialist, B / BEP , will review and assess the proposed project by use of the California Environmental Quality Act (CEQA), National Environmental Protection Act (NEPA), and city environmental guidelines to identify any specific items of environmental concern. B / BEP will discuss the environmental assessment with city project staff and city personnel responsible for environmental matters and policies. Based on the city’s review and determination, the appropriate document will be drafted and submitted at the 30% - level of submittal. Note: should the city - required document be at the level of an Environmental Impact Report, IE will require a fee adjustment to prepare the EIR and to process and circulate the EIR. For lower levels of documents, B / BEP will prepare the necessary document for the proposed fee and, after circulation, will have it certified and adopted by the city.

Task 8: Potholing (if needed)
IE uses C - Below to perform any potholing services on a time - and - material cost basis once the need for identification data is determined. IE would prepare a plan for potholing work and obtain city approval to proceed. C - Below would obtain all needed street excavation permits and prepare and submit Traffic Control Plans to the city, as needed. C - Below is a highly experienced utility contractor that operates throughout the southland.

Task 9: Preliminary Design – 60% PS&E
At this point in the design process, IE will submit a 60% package of documents for the city’s review. The following is a list of the documents to be included.
• Survey base maps
• Geotechnical report
• Modeling report
• Utility coordination report
• Traffic control plans
• Temporary and Permanent Signing and Striping Plans
• Preliminary plans, specifications, and estimated cost of construction (PS&E) • Preliminary construction staging plan
The specifications will be prepared by use of city standards and boilerplate for construction of water or sewer pipe along the recommended alignment (previously reviewed by the city). The traffic control plans will be prepared by IE unless otherwise directed by the city.

IE will apply for and obtain any needed permits from other agencies such as Caltrans, Los Angeles County, Sanitation Districts of the Los Angeles County, Los Angeles Regional Water Quality Control Board, and other agencies, as needed.

If utility relocations are needed, a time allotment will be added to the construction schedule at this submission.

Task 10: Design - 100% PS&E
Upon receipt of the city’s review comments on the 60% PS&E and other related documents, IE will proceed to incorporate any needed changes and bring the PS&E package up to a level of 90% completion for submittal to the city.

Task 11: Design - Final 100% PS&E
Upon incorporation of city review comments on the 100% - level PS&E, the PS&E will be finalized and originals in either vellum or Mylar will be signed by the IE Project Manager. The final environmental document will be certified. 144
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Task 12: Assistance During Bidding
IE will provide bidding assistance to the city including preparing city use responses to any Requests for Information (RFIs) from prospective bidders. As needed and directed by the city, IE will prepare addenda of project changes and notices to bidders for issuance by the city. Upon receipt of bids, IE will review the bids and can perform bid analysis or normal assistance services such as checking of references for the city.

Task 13: Construction Assistance / Observations (Optional) As requested by the city, IE can review contractor’s material submittals, traffic control plans, etc. IE can also make periodic field observations of construction progress and provide reports to the city.

Enhancements or Innovations
There are a number of new and innovative design procedures that we could consider for various utilities improvement projects in the city. The following presents a brief list of some considerations. • 3 - dimensional (3 - D) surveying and laser scanning of existing surface structures to provide a comprehensive design considering all possible conflicts with existing surface improvements. • Underground locating, detection, and mapping to verify existing underground utilities locations, depth, and alignments. • Design of the proposed utilities in 3 - D so any possible conflict with the existing utilities or other proposed utilities will be avoided during the design phase and prior to construction. • Utilizing the newest construction methods for utilities to minimize impacts on surface improvements, traffic, businesses, and residents, such as pipe jacking, auger boring, and micro tunneling for trenchless installation of utilities. • Utilizing the latest methods for trenchless sewer repairs to minimize construction cost and duration, such as sliplining, pipelining, pipebursting and cured - in - place pipe.

Project Controls
Upon selection for an On - Call Utility Engineering contract and award of a project, the Project Manager establishes the budget for the project and hours needed for each staff member to complete the assigned tasks. Every week it is the Project Manager’s responsibility to review staff hours in correlation to percent of completion of each task and assignment. Every month, attached to the billing, the city will receive a report outlining staff hours and percent of completion and these relationships to the authorized budget. The IE Project Manager monitors accomplishments and budgets. Schedule and budget are two very critical responsibilities of the Project Manager. At 30% completion, a cost estimate of construction will be provided to the city to ensure that the project cost is in line with the budget assumed for that project. Also, at 60% and 100% cost estimates will ensure the city has adequate funds to bidding the construction plan.

On the third Tuesday of every month, all Project Managers must report their project budgets and schedules to the IE Director of Operations. It is the Director’s responsibility to facilitate operation needs of the Project Managers.

Quality Assurance / Quality Control
Quality Assurance and Quality Control (QA / QC) are top priority for IE. Our QA / QC practice involves a comprehensive process to ensure delivery of quality product and services to your satisfaction. The Program Manager, together with a designated QA / QC team, provides the leadership and guidance to obtain the comprehensive and complete design documents of the city’s expected quality, meeting all industry standards. These documents will result in minimal claims and RFIs during construction phase. Key elements of our quality control are the assignment of skilled and experienced personnel, effective communications, and monitoring. The quality control process includes the following:
• Assignment of skilled professionals instituting a comprehensive and interactive orientation on the project goals, and the means of achieving these goals.
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• Daily contact by the Project Manager with each on - going activity to provide support and guidance, to maintain focus and momentum, and to monitor the quality of work.
• Maintaining regularly scheduled project staff meetings for reviewing work status, reviewing technical elements of the project, coordinating and interfacing of activities, reviewing budget parameters, and discussing upcoming activities and responsibilities.
• Internal (peer review) audits of municipal services for quality, accuracy, and completeness. • Strictly and rigorously following IE - developed QA / QC standards and guidelines. • Review by the Program Manager prior to submittal to assure services meet all standards and codes, project goals and objectives, and contract requirements.
• Design QA / QC will be carried out by our highly experienced and licensed professional civil engineers. • The constructability review during the design phase will be carried out by our highly experienced construction managers and inspectors.

CONSTRUCTION MANAGEMENT AND SUPPORT SERVICES
Pre Construction Phase Services
IE’s team has the advantage of having all services under one umbrella. Our construction managers work with our civil design group throughout the entire design development process and have multiple opportunities to conduct in - house constructability reviews. This approach has allowed our team to prepare and deliver quality design and successful projects, with least amount of change orders encountered during construction. The following are some of the key issues that our construction management team will ensure to preview, prior to the completion of final design on every project that we manage.

Project Scope and Understanding:

We have studied the city’s 5 - year CIP program and budgets. We are glad to inform the city that IE has all the necessary expertise and experience in each of the 7 categories of projects listed in the CIP program. Our construction management and inspection staff have the right experience in each one of the categories, listed on the city’s CIP list. The following table shows our collective experience with the City of Lynwood and other municipalities, where we have delivered similar services as listed on the City of Lynwood’s CIP program.
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CM and Inspection Mobilization
For every category of the project that IE has been assigned to, will arrange a kick - off meeting with the city staff, the designers, and key stakeholders to learn more about the project background and any pertinent information that the CM team should know about. In our experience, coordination with various city staff and departments in addition to the outside influencers is key to a successful start. Following the city’s directions, we will establish the main contact matrix, with roles and responsibilities and chain of command for each phase of the project. As a standard practice, IE team including the construction manager, inspectors and all the subconsultants will conduct a full review of the plans, specifications, and other contract and construction - related documents.

ADA Compliance
Some of the other reviews by the IE team during the pre - construction phase will include evaluation of the project scope to see if the city will desire to update and repair such items as ADA curb ramps, ADA facility compliance, curb / gutter and sidewalk evaluation and repairs. Other services can include energy audits, solar power, EV charging stations, and other types of specialty projects. Working on similar projects, we have found that inclusion of such items will benefit the city and it will cut down on long - term costs.

Client
Water
Improvements
Street
Improvements
Park / Recreation
Improvements
Sewer
Improvements
Facilities
Improvements
Traffic
Improvements
Sidewalk
Improvements
City of Baldwin Park       
City of Bell Gardens       
City of Brea    
City of Compton   
City of El Monte       
City of Glendale     
City of Glendora 
City of Hawaiian Gardens       
City of Huntington Park       
City of La Palma 
City of Lawndale  
City of Lynwood       
City of Manhattan Beach    
City of Maywood     
City of Montebello       
City of Pico Rivera   
City of San Bernardino   
City of Villa Park   
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Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 22 Approach to the Project (cont.)
Cost Estimating
IE will review the plans and the specifications and the Engineer’s Estimates and the Bid Schedules to determine the cost based on the latest unit pricing and bids received on other recent projects. IE will compare these estimates against the city’s standing budget and schedule and will make recommendations for making adjustments on the costs and budgets if the city deems them necessary. IE team understands the challenges with the recent bidding environment and sees this step as a key element of the pre - construction phase services.

Market Conditions
One of the challenges currently facing projects is the cost escalation and availability of materials. The current market condition and price escalations have made it more challenging for Cities to establish appropriate budgets and timelines for delivery of various CIP projects. The bidding environment has been very dynamic over the last few years, due to many uncertainties over price escalations and availability of materials. This situation has improved slightly, but early determination of long - lead materials and equipment is needed for each project to ensure that the projects will not be impacted or delayed.

After understanding the city’s needs and priorities, IE will review and adjust durations for each activity and milestones to paint a true picture of the project delivery schedule, based on the current market conditions. If necessary, IE will prepare and recommend early material purchasing and delivery separately from the main contract to avoid potential delays during the construction. IE will also review the project delivery schedule and cost estimates to determine any issues, prior to contractors bidding on the project. We will make sure that our schedules are realistic and all the bid items on the bid schedules have been vetted and are complete and accurate.

Right - of - Way
It is critical to identify and resolve any right - of - way issues that may exist on any type of CIP projects. There are many ways to determine if there are ROW issues on a project, starting with a review of available as - built plans, County maps, GIS maps, title report search and conducting a boundary / property survey of the properties in question. IE team can work with the city during the pre - construction phase to identify and clarify any potential issues on the property boundaries and prepare the appropriate legal documents, such as easements, dedications, and lot line adjustments. As part of the IE team, our subconsultant, Epic Land Solutions, is also ready to assist in case property appraisals and acquisitions are needed.

Utility Conflicts
It is very important to identify and show all the existing utilities on the plans and bid documents. It is as important to include provisions in the contract documents for the contractor to conduct potholing of all the utilities within 5 - ft of the proposed work, after the utilities have been marked and in advance of the start of any excavation work. We will review the contract documents to ensure that there are safeguards to protect the city from claims when encountering unforeseen conditions during construction. We can introduce various types of allowances for items that the contractor may encounter during the construction for removal of unknown utilities and for special types of shoring that may be required.

Unforeseen Soil Conditions
Another provision necessary for all underground excavation is to identify the soil’s conditions and types during the design, so that appropriate shoring methods can be included in the bid documents. This will require an investigation of the site by the construction management team to review and evaluate the field conditions, by first looking at previous soil’s reports conducted near the project site, and then formulate a geotechnical investigation to address the site conditions. We have performed similar types of investigations for other Cities and found that this approach will avoid potential claims on unknown field conditions by the contractors.

We use an electronic project
management system that will allow
seamless transfer of information
between the project team, including
architects, engineers, construction
management team and contractor.
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Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 23 Approach to the Project (cont.)
Bid and Award
We are happy to see that the city is utilizing Planetbids for managing the bidding and award process. This system has worked very well in the past on many other projects, ensuring that all questions, addenda, and project information are processed quickly and accurately. This system also reduces the chances of information not being delivered to potential bidders. After the project is uploaded on Planetbids, and once questions are received from the bidders, IE will determine the responsible parties for providing proper responses. In case design questions are received, the engineer of the record, or the architect will be informed to provide proper responses. Regarding questions and clarifications related to the budget and schedules and other administrative questions, the city will be contacted to get the proper responses. In each case, IE will make sure to secure a proper response to each question received and to prepare and upload the addendum quickly and completely.

CONSTRUCTION PHASE SERVICES
Managing projects over the last 30 years, we have learned that each project is unique and requires a different approach, however, there are certain traits, which are common to most projects and should be considered and examined. The following is a general work plan based on our understanding of the city’s needs for managing each type of project listed in the RFP and on the city’s CIP list:

Our approach to management of construction will be to collaborate and coordinate all our activities with the city’s project manager and other stakeholders and at the same time introduce many of the lessons learned from our past projects and the experience that we have gained working on the City of Lynwood’s projects. Prior to start of any construction project and / or activity, IE will meet with the city to formulate a work plan and a resource allocation matrix for each individual project to build a robust team to administer and manage construction contracts, in accordance with the city’s needs and budget.

IE will also establish the individual needs of the project for other necessary services, such as field survey, geotechnical investigations, materials testing, SWPPP , NPDES Permitting and monitoring, environmental investigations and testing, deputy inspections and other specialty items as required. IE will arrange and organize the CM team encompassing specialty services, for materials testing, deputy inspections, prior to awarding a contract. The following is a general work plan based on our understanding of the city’s needs for managing each type of projects listed in the RFP and on the city’s CIP list:
• Filing Systems - IE will set up an electronic filing system (CMIS), to address all funding requirements by the Federal, State, County and OCTA for securing grants and outside fundings. IE will ensure to follow all grants funding requirements and will monitor contractor’s compliance with these requirements to ensure compliance with prevailing wage regulations and documentation.
• Submittals and Schedules - IE will review and process contractor’s submittals by first preparing a submittal - list for each Contract. All submittals and deliverables that are required by the contract will be logged through the IE’s electronic project management system and routed to the project’s architect and engineers for review and approval. IE will ensure that proper warranties are stipulated for certain items per the city’s needs to ensure that the maintenance and longevity of these systems are secured over the long haul.
• Pre - Construction Meeting - IE will arrange and conduct pre - Construction meetings with the Contractors, designers, inspectors and other key stakeholders. We will ensure to invite all city personnel that may be involved with the project, in addition to representatives from regulatory agencies that may be involved with permitting and grant funding. We will also request that subcontractors be present at the pre - construction meeting. We have found that it is important for the subcontractors to be also present to learn firsthand about the conditions on the project and the overall scope of work. IE will arrange for a weekly progress meeting, to review the project status, request for information (RFI) log, change orders, project issues, etc. The minutes for these meetings will be prepared within 24 hours of the meeting, to ensure that all parties are aware of the project issues and any action items that were identified during these meetings. 149
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 24 Approach to the Project (cont.)
• Inspection and Field Activities - Daily construction logs shall be provided for the city review on the IE’s web - based virtual project management software. The project inspector will review construction progress schedules on a regular basis to verify that the project is on schedule and on track with project milestones. If the project falls behind, IE will identify the project deficiencies and ask the contractor for recovery schedules to ensure that corrective actions are taken to bring projects back on schedule. We have vast experience with installing utility work and will monitor the contractor’s excavation work to prevent and minimize utility conflict delays and potential need for utility relocations. We will achieve this by conducting potholing, which will be required by the contract documents, and by a thorough review of the as - build drawings. We will coordinate field meetings with the utility agencies and will make sure that they are present during the excavation, near their utility lines. IE will prepare and submit to contractor a “Weekly Statement of Calendar / Working Days” report to ensure that the Contractor is fully aware of the schedule and the critical path activities, that may be in jeopardy.
• Health and Safety - We at IE take safety very seriously. We know that even one incident on the project will taint the project.

As a standard practice, at the beginning of each meeting, we draw attention to a safety moment. This is to ensure that all parties and the construction team make safety on the job a priority. We believe that safety must be built into the culture of the construction team, and it must be the underlying condition for conducting any type of construction work. IE will make sure that the latest CAL - OSHA provisions have been incorporated into the contract documents and we will monitor the job daily to ensure that all safety precautions have been placed at the job site every day. At the pre - construction meetings, IE will ask to see the Contractor’s Health and Safety plan and makes sure that a Safety Offices has been identified by the Contractor, in addition to the subcontractors.
• Quality Control and Materials Testing - To control the quality of work on any construction project, a few provisions must be built into the Contract Documents. In addition to the requirements by the Standard Specifications for Public Works Construction (Green Book), which sets the minimum requirements for controlling the quality at the job site, IE will evaluate and determine individual needs of the projects for a robust QA / QC program. These provisions will need to be written into the contract documents, so that the contractors provide an adequate testing program, necessary for meeting the requirements of the project. As part of our monthly reporting, a section will be dedicated to the QA / QC program, summarizing the testing and a review of the contractor’s performance, on a regular basis. IE team will evaluate the contractor’s performance and will recommend changes as necessary. IE inspectors are provided with the latest technology for documenting and reporting daily activities and are dedicated and trained to make sure the construction work is being conducted in a safe and expeditious manner.

POST–CONSTRUCTION SERVICES
IE will start planning on project close - out weeks before the completion of the project. This is to ensure that the contractor is aware of the city’s expectations for compiling the work and to allow ample time for any type of commissioning, testing, and balancing that may be required. In addition, the project may need staff training, which requires advanced planning. The close - out activities will include final inspection / walk through with the city staff, maintenance / service personnel and the project’s architect / design consultant. IE will issue a preliminary punch - list to put the contractor on notice of any outstanding item, followed by a final punch list, including schedule for punch list completion. IE will monitor the repairs and follow through “Other inspection activities include
conducting field construction employee
interviews to comply with Equal Employment
Opportunity Law and Davis Bacon Act. ”
“Control of the quality at the job - site also
requires a true and dedicated inspection staff.

IE will provide daily inspection for projects
by introducing a qualified inspector, who has
many years of experience with public works
and CIP construction projects. “
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Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 25 Approach to the Project (cont.)
with the contractor, until all items on the punch list are 100% complete. IE will gather and transmit all required guarantees, certifications, affidavits, leases, easement deeds, operating and maintenance manuals, warranties, and other documents as stipulated in contract documents for submittal to the city.

APPROACH TO MANAGING RESOURCES
Our approach to management of resources is first to work with the city to devise a staffing plan based on the city’s unique and precise needs, followed by keen and proactive management to deliver every project and task on time and on budget.

Our VP for Construction Management Services, Mr. Sepahi will first meet with the city to learn about the unique needs of the project, the priorities, budgets and schedules. He will then prepare a preliminary staffing plan and a cost proposal for providing CM and inspection services to present to the city’s project manager. As every project is different and requires a different approach, we will provide a unique plan to address the needs of the project within the city’s desired cost and budget. Our standard team makeup usually includes a part - time construction manager, a full - time inspector, complemented by an array of experts in all aspects of construction, only when they are needed. The city will benefit from IE’s flexibility to mobilize and de - mobilize project staff quickly, and efficiently. . We have included seasoned construction managers and inspectors to assist the city with any type of CM services that may be needed. Our Director of Construction Manager will oversee and monitor the construction activities, to ensure that the CM team has the resources and to guide the team, when outside help may be needed.

The IE team will be complemented by Associated Soils Engineering, Inc. (ASE) for geotechnical investigations and materials testing, in addition to Dennis Janda, Inc. (DJI), boundary and property surveying work, needed on establishing property lines, easements and dedications.

OTHER SERVICES
The following are optional services IE can provide to the City of Lynwood. We have included them into this proposal in case such services are required by the city.

Program Management
Our Program Management team will ensure full cooperation of its assigned program with other consultant teams and all stakeholders. We will be engaged to contribute to the completion of a successful project through meeting the project goals, schedule deadlines, budget management, monitoring and execution of specific program requirements. Program Management services the IE team provides include the following:
• Coordination and Master Schedule.
• Consultant Contract Selection Process.
• Preparation of Contacts.
• Monitor Contract Services.
• Strategic Planning.
• Fiscal Budget Management.
• Fund Administration.
• Labor Compliance.
• Program Implementation.
• Staff Augmentation.
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Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 26 Approach to the Project (cont.)
Architectural and Facilities Design
iArch’s approach to this type of project starts with a detailed site visit with the client and reviewing the proposed scope of work and improvements, ensuring a complete agreement by the client for the proposed improvements. Once iArch is done with the site visit, a scope of work is prepared, a detailed work plan and schedule are to be shared with the client for concurrence. The said work plan will include all the milestones and critical deadlines to ensure that the project will stay on schedule and within budget. Upon agreement between parties of the scope and approach and schedule, iArch will hold weekly project status report in house and we’ll prepare updates based on the progress of our work and submit to the city bi - weekly. Additionally, iArch will request to meet with this city’s project manager, at least once a month to share the progress of the work up - to - date and receive any additional instructions or modification that may maybe required by the city. Based on our recent experiences with other similar restroom upgrade facilities, the details of the proposed improvement need to be shared with the city on an ongoing basis to ensure that the final design plans for the renovation and remodeling of the restrooms reflect city’s desire and it accomplishes to stay within the budget and be compliant with the ADA requirements.

Additionally, iArch will put each set of plans through a Constructability Review and Quality Control Review. The purpose of these reviews is to ensure the design plan can be built with the material identified and also it is a complete set to ensure minimizing any possible change orders.

Initial Task: Concept Plans
The primary objective of the project is to prepare a complete PS&E (plans, specifications, and estimates) approved by all involved jurisdictional and regulatory agencies and that will be ready for construction bidding for the improvements. After the kickoff meeting for the project, iArch will prepare a concept for the renovation and remodeling of said facilities. The concept developed for the renovation and remodeling would either be based on our field measurements of the building and your directions during the kickoff meeting. The concept will adhere to the ADA requirements. Upon the city’s review of the concept and any revisions, iArch will update the concept and after city’s concurrence, iArch will prepare renderings of the said approved concepts for the city’s review and approval.

Task 1: Project Management
a. iArch will attend a pre - design (kickoff ) meeting with city staff after the award of the contract to conduct introductions, discuss scope of work, information needed from various city departments, overall schedule, and the implementation process.
b. iArch will coordinate bi - weekly progress conference calls with city staff to update the city of the project progress, and schedule status. iArch will notify the city of any design issues encountered including all options to address. c. iArch will schedule meetings with the city staff to review the preliminary design, 60%, 90% and 100% submittals. d. iArch will prepare and provide a detailed project schedule with continuous updates, and an executive summary of project status that will be submitted with each monthly invoice. e. iArch will be vigilant of all the tasks involved with the design and make adjustments as necessary to meet the project schedule.

Task 2: Preliminary Engineering
a. Research and Base Map: iArch will review the base data documents including as - built improvement plans, utility information, survey information, and other available record data to create the base maps. b. Field Survey: iArch will conduct necessary field surveys to assess existing conditions of the project area. c. Preliminary Design Plans: Based on the information gathered and the city’s input, iArch will develop the preliminary design plans for the city’s review and comments.
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Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 27 Approach to the Project (cont.)
d. Project Estimate: iArch will prepare the preliminary cost estimate based on the survey and will identify any potential problem areas to address them early to ensure that construction does not get interrupted. e. Specifications: iArch will prepare the preliminary technical specifications. f. Environmental: Based on the type of project, iArch will determine if the project is categorically exempt. g. Utility Research: iArch will obtain all the available as - built drawings for the plumbing from the city and reflect them on project plans.

Task 3: Final PS&E
a. iArch will prepare the Plans, Specifications and Estimate (PS&E) and submit them to the city at 60%, 90% and 100%. b. iArch will coordinate with the city to receive the review comments at the 60%, and 90% design phases. c. Upon receiving comments from the city and other agencies with jurisdiction, iArch will modify the construction plans, specification and estimate address all the comments to be submitted to the city for final review. It is expected that the sub plans meet the city approvals for bidding purposes. d. iArch will prepare the specifications in compliance with construction plans using the latest edition of Microsoft Word for Windows. The said specification will be prepared based on all the California building code standards as well as APWA and Caltrans requirements.
e. Based on the proposed improvements, iArch will prepare the estimate which shall be prepared in spreadsheet format using Microsoft Excel.
f. As a part of the project management, iArch will develop a tracking method for the comments received and how they were addressed for the duration of the design process. The said spreadsheet will be submitted with each progress submittal.

Task 4: Bidding and Construction Support
a. During the bidding process, iArch will PROMPTLY respond to all Requests for Information (RFIs) during the project advertisement period, and iArch log all the RFI’s and responses. b. iArch will prepare the project addenda, as needed.
c. iArch will attend the pre - construction meeting, job walk, and job - site meetings when requested by the city over the course of the construction schedule (assumed five meetings). d. iArch will provide responses to the contractor’s RFIs about the plans and specifications when requested by the city. e. iArch will promptly respond to all requests and upon help with the approval of the contractor’s submittals for materials and shop drawings when requested by the city.

Task 5: Prepare Record Drawings (As - Builts)
a. During the construction, iArch will work with the contractor to ensure that all the modifications and changes are documented in a set of plans. At the end of the construction and after the punch list, iArch will use the field mark - ups to create the as - built plans to be delivered to the city. 153
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 28 Approach to the Project (cont.)
Task 6: Submittal Format of Documents
a. All submittals to city will be made via electronic submittals. b. All project submittals will be in PDF format.
c. Final submittals will be in DWG format (AutoCAD) for plans with wet signed mylars, specifications in MS Word, Estimates in Excel, and all other documents in PDF.

Planning and Development
Our Urban Planning and Development division allows us to assist our city clients with direction and planning for development and economic growth. We engage local communities to capture their needs and expectations, identify development opportunities that optimize the use of resources and meet the requirements of local codes. Planning services the IE team provides include the following:
• General Plans and Updates.
• Neighborhood Revitalization Plans.
• Current / Advance Planning.
• Corridor Studies.
• Cannabis Program Services.
• Master Planning.
• Environmental Compliance and Documentation.
• Economic Development Strategies.
• Specific Plans.

PROJECT TIMELINE AND BUDGET CONTROL
IE’s ability to maintain project control is validated by our track record of completing projects on schedule and within budget.

Our strategy for project management begins by determining ahead of time how long each leg of the project should take. To determine the time frame, IE staff begin by mapping out what needs to be done and then sequencing each milestone in the project. Our project managers then determine the maximum and minimum amount of time each event will take from start to finish using the Critical Path Method or mapping out the most important tasks in any project and using that to estimate the project completion date. This enables our team to carefully analyze which events depend on other events to allow for effective project management.

Our project managers use a set of internal control measures to control costs, provide accurate and timely invoices and to maintain the integrity of the promised schedule. These methods include approaching all projects by following these steps:
• Define the problem, then understand our clients’ expectations and preferences and project goals. • Measure key tasks of the current project and review the relevant information, such as long - lead items or tasks that involve subconsultants and their timing and costs.
• Analyze this ‘data’ to determine cause - and - effect on the project schedule and budget. • Make any necessary adjustments to address and improve the current process to meet the project goals. • Maintain control of the process to ensure that any possible deviations from the project’s goals are corrected before they result in cost or schedule creep.
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Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 29 Approach to the Project (cont.)
We take full advantage of these proven techniques because they help us better serve our clients by providing increased productivity, improved quality, reduced operation costs, higher client satisfaction and improved communication among all team members.

SPECIAL IDEAS, TECHNIQUES OR SUGGESTIONS
IE firmly believes maintaining regular communications among key city staff, stakeholders, public representatives, if any, and project task leaders is key to timely and successfully completing a project. To that end, as a part of our tasks, we regularly schedule a weekly or biweekly teleconference to discuss issues and progress concerning a project among the parties involved. In all our recent engagements with City of Lynwood projects, we conducted such regular teleconferences in a consistent manner, and this has been proven to be a truly effective strategy for the success of these projects. For as - needed, on - call assignments, we suggest that regular weekly or biweekly teleconferences be held between our project manager, key task leaders and the city’s designated staff to discuss progress status and issues on any and all ongoing projects.

QUALITY CONTROL AND QUALITY ASSURANCE PROCESS
Quality assurance and quality control (QA / QC) are top priorities for IE. To ensure the highest quality of the design, IE will implement a comprehensive QA / QC program. Our QA / QC manager, Masoud Sepahi, has extensive experience in providing and overseeing the implementation of IE’s QA / QC program. He will review the design drawings, estimates, specifications, reports, and any other documents being delivered to the city for accuracy and completeness. Our Constructability Reviewer, Arjan Idnani, will assure constructability and compliance with the City of Lynwood’s and other agency requirements. In addition, Aidan will provide daily supervision and guidance to the design team. (Please see Quality Assurance / Quality Control section for more details).

Key elements of our quality control are the assignment of skilled personnel who are experienced in the specific disciplines, effective and constant communications, and monitoring of project progress. The quality control process includes the following principles:
• Assignment of skilled professionals instituting a comprehensive and interactive orientation of the project goals and the means of achieving these goals.
• Daily contact by the Project Manager with each on - going activity to provide support and guidance, to maintain focus and momentum, and to monitor the quality of work.
• Maintaining regularly scheduled project staff meetings for reviewing work status, reviewing technical elements of the project, coordinating and interfacing of activities, reviewing budget parameters, and discussing upcoming activities and responsibilities.
• Internal (peer review) audits of municipal services for quality, accuracy, and completeness. • Strictly and rigorously following IE - developed QA / QC standards and guidelines. • Review by the Project Manager prior to submittal to assure services meet all standards and codes, project goals and objectives, and contract requirements.
• Design QA / QC are carried out by our highly experienced and licensed professional civil engineers. • Constructability reviews during the design phase are carried out by our experienced construction managers and inspectors. 155
04 Project Experience
156
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 30 Client
City of Bell Gardens, CA
Michael B. O’Kelly
City Manager
7100 Garfield Avenue
Bell Gardens, CA 90201
562.806.7702
[email protected]
Schedule
2008 - Present
Construction Cost
T&M
Design Fee
T&M
Overall Project Budget
T&M
Civil Engineering Services
Bell Gardens, CA
Summary of Services Provided
As an exclusive municipal contract provider to the City of Bell Gardens for the past 15 years, IE provides a number of services to the city, including inspection and plan checking, municipal engineering, SWPPP / NPDES / MS4 compliance and reviews, staff augmentation, program management, and construction management. Specifically, plan review and building inspection services have been provided for the Bicycle Casino Hotel, a seven - story, 117,907 - sq. ft. hotel, as well as numerous new and redeveloped residential units, commercial buildings, and restaurants. We also provide subdivision map checking, improvement plan checking, building and structural plan checking, and review of various engineering reports. Plan check services have been provided for Eastern Avenue Widening, Street Improvement Designs (Measure R), several phases of miscellaneous CIP street improvement phases under various federal grants, and numerous alley and street resurfacing projects. We have set up an urban stormwater program for commercial and industrial IC / ID inspections; upgrades to the John Anson Ford Sports Complex (irrigation and turf replacements); and a city water system evaluation. We also provide subdivision map checking, improvement plan checking, building and structural plan checking, and review of various engineering reports. All projects are currently on schedule and within budgets.

Project Manager: Aidan Mousavi
General Engineering Project Experience
157
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 31 Client
City of Baldwin Park, CA
Sam Gutierrez
Director of Public Works
14403 Pacific Avenue
Baldwin Park, CA 91706
626.960.4011
[email protected]
Schedule
2018 - 2022
Construction Cost
$1.6M
Design Fee
$106,510
Overall Project Budget
$1.7M
San Gabriel River Commuter Bikeway Project
Baldwin Park, CA
Summary of Services Provided
This project involved engineering design services for a 2.5 - mile class I bicycle and pedestrian path. The entire project is built on rights - of - way controlled by the city, Los Angeles County Department of Public Works, Los Angeles County Flood Control District and Caltrans, and being acquired by the city or through a Land Use Agreement with the Los Angeles County Department of Public Works and Permits from Caltrans District 7. The design phase of the project includes project management and meetings, data collection and record research, utility research and agency coordination, surveying, hydraulic and hydrology analysis, and 80%, 100% and final plan, specifications and cost estimate. The city subsequently engaged IE to provide Categorical Exemption documentation and Notice of Exemption; a biological assessment of the project area, including review of relevant data and site reconnaissance to identify the potential for occurrence of any listed or special status species within the project area; a Natural Environmental Study Minimal Impact (NES(MI)); Caltrans Encroachment Permit; Los Angeles County Flood Control District Encroachment Permit; Storm Water Pollution Prevention Plan / Notice of Intent / Notice of Termination and a Cultural Resources review. The project was completed on time and within budget.

Project Manager: Aidan Mousavi
General Engineering Project Experience (cont.)
158
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 32 Client
City of Huntington Park, CA
Cesar Roldan
Public Works Director
6550 Miles Avenue
Huntington Park, CA 90255
323.584.6274
[email protected]
Schedule
2018 - 2019
Construction Cost
$3.75M
Design Fee
$262,280
Overall Project Budget
$4M
Linear Greenway
Huntington Park, CA
Summary of Services Provided
IE assisted with the City of Huntington Park to obtain a $3.5M grant for urban greening to construct and revitalize ten contiguous parcels within the City of Los Angeles Department of Water and Power right of way. IE prepared design plans and specifications for the work to be performed associated with the grant requirements.

Scope included mass grading, pavement and concrete improvements, designated bike path, planting and landscaping, irrigation, dry stream beds and various site amenities.

Project Manager: Aidan Mousavi
General Engineering Project Experience (cont.)
159
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 33 Client
City of Lynwood, CA
Julian Lee
Director of Public Works
11750 Alameda Street
Lynwood, CA 90262
310.603.0220
[email protected]
Schedule
2022 - 2023
Construction Cost
$6.4M
Construction
Management &
Inspection Fee
$371,056
Overall Project Budget
$6.7M
Urban Bike Trail
Lynwood, CA
Summary of Services Provided
“2023 American Public Works Association (APWA) Project of the Y ear” award winner.

The work encompassed by the project is more specifically defined in the Contract Documents, but in general consists of, but is not limited to, the following work:
construction of HMA bike path, curb and gutters, curb ramps, retaining walls, concrete swales, concrete box culverts, chain link fence, permeable pavers, installation of removable bollards, gates, traffic signing and striping. Once construction began, we provided construction management and construction inspection for this project.

Project Manager: Douglas Benash
General Engineering Project Experience (cont.)
160
General Engineering Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 34 Client
City of Montebello
Danilo Batson
Former Director of Public Works
1600 W. Beverly Boulevard
Montebello, CA 90640
323.889.9976
Schedule
01/2017 - 07/2018
Construction Cost
N/A
Design Fee
N/A
Construction
Management &
Inspection Fee
$254,980
Home 2 Suites Construction Management and Inspection
Montebello, CA
Summary of Services Provided
IE provided review of the project location, utilities, relocation of maintenance facility, site development standards, traffic circulation, grading, drainage and the draft Mitigated Negative Declaration environmental report. Once construction began, we provided construction management, construction inspection, plan check services and building inspection services for this 203 - room, eight - story hotel. The hotel is owned by the city and operated by Hilton. The hotel is expected to generate more than $1M to the city’s general fund each year.

Project Manager: Farzad Dorrani
161
Utility Engineering Project Experience
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 35 Client
City of Bell Gardens, CA
Michael B. O’Kelly
City Manager
7100 Garfield Avenue
Bell Gardens, CA 90201
562.806.7702
[email protected]
Schedule
2018 - 2020
Construction Cost
$10M
Design Fee
$139,016
Overall Project Budget
$10.1M
Water Well #1, Booster Stations and Reservoir
Bell Gardens, CA
Summary of Services Provided
The scope of work provided by IE provides the development of well improvements and piping to a new reservoir with subsequent booster station to deliver water at a constant pressure to the customers. The new reservoir provides needed fire flow and operational benefits to the customers mitigating the need for imported MWD water. Within the last six (6) months, the city’s well was turned off due to reaching the notification limits for PFOS. IE is working with the State to obtain funding for a total project including treatment for the well water prior to entering the reservoir, then booster station. This shows how projects can change due to impacts of regulations.

The work involves direct coordination with the State and DDW for compliance with permitting and operational permits. All work is being funded by the State through a grant. The city is utilizing Besst and Q3 services on this project.

Project Manager: Aidan Mousavi
162
Utility Engineering Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 36 Client
City of La Palma, CA
Andy Ramirez
Public Works / Community
Services Director
7822 Walker Street
La Palma, CA 90623
714.690.3310
[email protected]
Schedule
2022 - 2023
Thelma Avenue Water Main Installation
La Palma, CA
Summary of Services Provided
The scope of work provided by IE under the contract for City Engineer services, was to coordinate for the design, health department coordination, coordination with the City of Buena Park, and construction management and inspection. The work also included direct coordination with City of La Palma staff to ensure the interconnect was modeled and provided a benefit for La Palma along with providing emergency water to the City of Buena Park. The project constructed 1,200 LF of transmission main with 600 LF encased due to Health Department clearance requirements along with a new vault for the interconnect valve, pressure activated Cla - Val, and devices for future connection to each jurisdictions SCADA systems. Construction was completed within schedule and budget.

Project Manager: Aidan Mousavi
163
Utility Engineering Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 37 Client
City of Huntington Park, CA
Cesar Roldan
Public Works Director
6550 Miles Avenue
Huntington Park, CA 90255
323.584.6274
[email protected]
Schedule
2020 - 2021
Construction Cost
$3.6M
Design Fee
$222,236
Overall Project Budget
$3.9M
Water Main Replacement Project FY 20 / 21
Huntington Park, CA
Summary of Services Provided
The City of Huntington Park selected IE’s proposal for the design of a water main replacement project. IE provided geotechnical and potholing reports to the city to best avoid conflicting utilities for the redesign of one of the largest water mains in the city.

Project Manager: Aidan Mousavi
164
Utility Engineering Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 38 Client
City of Baldwin Park, CA
Sam Gutierrez
Director of Public Works
14403 Pacific Avenue
Baldwin Park, CA 91706
626.960.4011
[email protected]
Schedule
2020 - 2022
Construction Cost
$852,845
Design Fee
$90,023
Overall Project Budget
$942,868
Foster Avenue and Pedestrian Rail Crossing Drainage Improvement Baldwin Park, CA
Summary of Services Provided
Scope of work included pavement rehabilitation, various concrete improvements, new 24 - in storm polypropylene pipe with new catch basins, dry wells and modular storm chamber system. Percolation tests were conducted to size the modular storm chamber system to alleviate flooding.

Project Manager: Aidan Mousavi
165
Utility Engineering Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 39 Client
City of Lynwood, CA
Julian Lee
Director of Public Works
11750 Alameda Street
Lynwood, CA 90262
310.603.0220
[email protected]
Schedule
2019 - 2021
Construction Cost
$1.3M
Design Fee
$52,197
Overall Project Budget
$1.4M
Street Rehabilitation and Storm Drain Improvements
Lynwood, CA
Summary of Services Provided
Our design team delivered PS&E for the improvements on Lilita Street and Eve Avenue in the City of Lynwood. The project consisted of a comprehensive rehabilitation of the streets, including new pavement sections, localized concrete repairs, a new storm drain chamber to alleviate the flooding in the area, a new water main and localized sewer repairs. All of the proposed improvements were based on hydrology / hydraulic reports, a geotechnical report, the city’s water master plan and sanitary sewer CCTV footage. The medium - sized BMP was deemed the best option from four different recommendations our design team provided to the city.

Project Manager: Aidan Mousavi
166
Traffic Engineering Project Experience
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 40 Client
City of Montebello, CA
Danilo Batson
Former Director of Public Works
1600 W. Beverly Boulevard
Montebello, CA 90640
323.889.9976
Schedule
2017 - 2020
Construction Cost
$2.7M
Design Fee
$674,288
Overall Project Budget
$5.87M
Montebello Boulevard Widening Project
Montebello, CA
Summary of Services Provided
“2021 American Public Works Association (APWA) Project of the Y ear” award winner.

The scope of work under Phase II of the Montebello Boulevard Bike Lane and Sidewalk Improvement project included design, preparation of PS&E for roadway improvements and widening, pavement rehabilitation, concrete improvements, sidewalk improvement, utility adjustments, ADA improvements, Class II bike lane, traffic signal improvements, pedestrian lighting, and landscaping, bioswales along center medians and irrigation improvements. IE also provided project management, contract administration and construction management and inspection services, preparation of daily reports, review of change orders and progress payment requests, and coordinate soils testing services. IE delivered this successful project that was aimed at benefiting the underprivileged community to encourage residents to practice a healthy and active lifestyle.

Project Manager: Aidan Mousavi
167
Traffic Engineering Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 41 Client
City of Lynwood, CA
Julian Lee
Director of Public Works
11750 Alameda Street
Lynwood, CA 90262
310.603.0220
[email protected]
Schedule
2017 - 2020
Construction Cost
$2.9M
Design Fee
$220,000
Overall Project Budget
$3.1M
Long Beach Boulevard Improvement Project
Lynwood, CA
Summary of Services Provided
“2020 American Public Works Association (APWA) Project of the Y ear” award winner.

The IE team provided construction management, inspection, and labor compliance for the resurfacing of 192,779 sq. ft. of roadway in Lynwood, CA. Additional activities included renovating sidewalks, driveway approaches, curbs and gutters, and constructing six new bus pads. Beautification enhancements included the removal and replacement of 23 trees, construction of landscaping in median islands with irrigation systems, and the installation of a city monument sign. Additionally, existing streetlights were relocated, and traffic signals were improved at two intersections.

Project Manager: Aidan Mousavi
168
Traffic Engineering Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 42 Client
City of Huntington Park, CA
Cesar Roldan
Public Works Director
6550 Miles Avenue
Huntington Park, CA 90255
323.584.6274
[email protected]
Schedule
2020 - 2023
Construction Cost
$5.8M
Design Fee
$558,145
Overall Project Budget
$6.4M
Slauson Congestion Relief Project
Huntington Park, CA
Summary of Services Provided
Utilized Synchro modeling for signal and timing improvement. Upgraded traffic signal equipment, enhanced phasing operations, street widening, concrete improvements, coordination with Los Angeles county and various railroad agencies. The goal of the project was to study and design improvements along the Slauson corridor to increase capacity, reduce congestion and improve traffic flow. Design plans have been finalized.

Project Manager: Aidan Mousavi
169
Traffic Engineering Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 43 Client
City of Baldwin Park, CA
Sam Gutierrez
Director of Public Works
14403 Pacific Avenue
Baldwin Park, CA 91706
626.960.4011
[email protected]
Schedule
2017 - 2020
Construction Cost
$1.9M
Design Fee
$176,144
Overall Project Budget
$2.1M
Maine Avenue Complete Streets Project
Baldwin Park, CA
Summary of Services Provided
The Maine Avenue Complete Streets project consisted of bicycle, pedestrian and street improvements involving construction, installation and enhancement of safety features and measures. IE provided PS&E for Phase 1B. The improvements include a road reconfiguration via the reduction of vehicle travel lanes from four to two with a shared center left - turn lane and key intersection bulb - outs, widening and extension of sidewalks, ADA accessible curb ramps, high visibility crosswalks, new signage, catch basin relocations, drought tolerant landscaping, smart irrigation, water capture systems, traffic signal adjustments, striping and marking enhancements for Class II bike paths. We also designed a roundabout feature and coordinated major water infrastructure relocations.

Project Manager: Aidan Mousavi
170
Traffic Engineering Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 44 Client
City of Bell Gardens, CA
Michael B. O’Kelly
City Manager
7100 Garfield Avenue
Bell Gardens, CA 90201
562.806.7702
[email protected]
Schedule
2020 - 2022
Construction Cost
$551,770
Design Fee
$42,240
Overall Project Budget
$594,010
HSIP Cycle 8 - Various Intersection Improvements
Bell Gardens, CA
Summary of Services Provided
CM&I services for modification of existing signal systems including installation of conduits, pull boxes, new signal heads, sensor units, reprogramming of signal controller, traffic striping, markings, and traffic control; hauling and disposal; and all appurtenant equipment and work. Preparation of staff reports, Notice to Proceed issuance, and recommendations for change orders and progress payments.

Prepared daily reports, reviewed change orders and progress payment requests, and coordinated soils testing.

Project Manager: Farzad Dorrani
171
Architectural Services Project Experience
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 45 Client
City of Bell Gardens, CA
Michael B. O’Kelly
City Manager
7100 Garfield Avenue
Bell Gardens, CA 90201
562.806.7702
[email protected]
Schedule
2021
Construction Cost
$195,000
Design Fee
$68,000
Overall Project Budget
$263,000
Ford Park Restroom Project
Bell Gardens, CA
Summary of Services Provided
Ford Park is used extensively by the local community kids and adults. There are multiple play fields that are used often for recreational activities for the residents of the city. However, there were no bathrooms for the use of the community and therefore, it created a problem for the users. Therefore, the city decided to incorporate a new restroom within the existing facility. iArch designed a prefab bathroom that found to be the best alternative for the situation. The reason for the selection of a prefabricated bathroom was that the construction cost was lower than building the bathroom and the duration of construction.

Project Manager: Alex Serafin
172
Architectural Services Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 46 Client
City of Hawaiian Gardens, CA
Neema Ghanbari
Public Works Manager
21815 Pioneer Boulevard
Hawaiian Gardens, CA 90716
562.420.2641
[email protected]
Schedule
2023
Construction Cost
$78,600
Design Fee
$46,500
Overall Project Budget
$125,100
Lee Ware Health Restroom Building Remodel
Hawaiian Gardens, CA
Summary of Services Provided
Lee Ware Restroom is located at the City Hall and is used by the connecting sports center and senior center. The client requested iArch make all upgrades to include all ADA requirements.

Above is iArch’s concept design. iArch provided fixtures quantity as required by code and convenience. The proposed space is ADA accessible. iArch revised the location of the security gate to allow additional clearance and better flow.

Project Manager: Alex Serafin
173
Architectural Services Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 47 Client
City of Baldwin Park, CA
Sam Gutierrez
Director of Public Works
14403 Pacific Avenue
Baldwin Park, CA 91706
626.960.4011
[email protected]
Schedule
2020
Construction Cost
$117,900
Design Fee
$58,400
Overall Project Budget
$176,300
City Hall Renovation, Second Floor
Baldwin Park, CA
Summary of Services Provided
Engineering Division Redesign and TI improvements. The second floor of the City Hall houses the engineering division. The building was designed and built many decades ago. The layout of the engineering division did not match the current format of services for the city. Therefore, the city hired iArch to re - imagine the engineering division to ensure the proper flow of work and customers when they arrive at the city for business. The new design is much more efficient and creates better workspace for the employees.

Project Manager: Alex Serafin
174
Architectural Services Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 48 Client
City of Montebello, CA
Sam Kouri
Former City Engineer
1600 W. Beverly Boulevard
Montebello, CA 90640
562.243.1506
Schedule
2019
Construction Cost
$133,994
Design Fee
$12,806
Overall Project Budget
$148,800
Taylor Ranch Park
Montebello, CA
Summary of Services Provided
This was an old park that was planned to be converted into a Community Center.

However, due to lack of funds, the city decided to create an interim use for it.

Therefore, iArch designed a community garden that will create recreational opportunities for the residents and was very cost effective. Also, the design was prepared such that most of the improvements will be reused once the city has the available funds to build the community center.

Project Manager: Alex Serafin
175
Architectural Services Project Experience (cont.)
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 49 Client
City of La Puente, CA
John DiMario
CD Director
15900 Main Street
La Puente, CA 91744
626.855.1517
[email protected]
Schedule
2023
Construction Cost
$190,200
Design Fee
$46,500
Overall Project Budget
$236,700
La Puente Athletic Park Restroom Building Remodel
La Puente, CA
Summary of Services Provided
The city allowed iArch the opportunity to remodel the existing Men and Women’s Restroom Building. The client has requested iArch make all upgrades to include all ADA requirements. The roof structure was slightly modified to allow positive drainage at the peak. This roof originally had damaged skylights with a screen at top.

Project Manager: Alex Serafin
176
05 Qualifications of Proposed Personnel
177
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 50 Qualifications of Proposed Personnel
IE has been fortunate to engage some of the brightest and most experienced engineering staff. Without exception, our staff are dedicated to excellence in engineering design and service.

The organization chart on the following page illustrates our proposed team for this on - call contract. Many of these staff have worked on projects for the City of Lynwood in the past, and they are eager to continue providing services on your future projects. Resumes for our key staff follow the organization chart.

Our proposed Program Director, Farzad Dorrani, will be the primary contact person to represent our firm. Farzad Dorrani has 30 years of experience in a variety of civil engineering projects. He has worked extensively on major infrastructure and public works improvement and rehabilitation projects throughout southern California for various agencies, such as the cities of La Puente, Montebello, Anaheim, Irwindale, Malibu, as well as the Alameda Corridor - East Construction Authority. Farzad’s experience includes roadway design projects, parks, and downtown revitalization design projects, contract procurement, construction management, project management and administration. 178
KEY
Management
Support Staff
Subconsultants
Key Personnel
Staff
• Arjan Idnani, MSCE
• Nathan Kirby
• Hormoz Vahid
• Imad Zureiqat, EIT
Architectural Engineering
Infrastructure
Architects, Inc.

Staff
• Shawn Mousavi, MSCE, PE, QSP / QSD
• Hamed Habibi, MS
Land Surveying
Dennis Janda, PLS
Program Director
Farzad Dorrani, MS
Principal - in - Charge
Sid Mousavi, MSCE, PE
Project Manager
Aidan Mousavi, MBA, PE, QSP / QSD
Civil Design
Construction Manager
Masoud Sepahi, PE, LEED GA
Construction Management and Inspection
Staff
• Christopher Ley, PE
• Jaelin Murray, EIT
• Shawn Mousavi, MSCE, PE, QSP / QSD
• Shawnt Babakhanian
• Annie Li
Senior Engineer
Christopher Ley, PE
Staff
• Charlie Marr, PE
• Bahar Baradaran, EIT
• Michael Dela Cruz, EIT
• Shawnt Babakhanian
Senior Traffic Engineer
Amir Farahani, TE, PE
Utility Engineering Traffic Engineering
Geotechnical Engineering
Associated Soils
Engineering, Inc.

General Engineering
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 51 Organizational Chart179
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 52 Experience
Various Capital Projects | City of South El Monte, CA
Principal in Charge responsible for contract oversight of capital projects for the city, which include the Safe Route to School Project – Pedestrian Improvement Project, Durfee Avenue Project – Street and Median Improvement Project, Thienes Avenue Project – Street Improvement Project, and the New Temple Park Improvements – Prefabricated Modular Restroom.

City Engineer | City of Bell Gardens, CA
City Engineer responsible for approving all capital projects for the city and providing cost estimates and budgets for new and upcoming projects. Supervised various IE projects as the designated Principal - in - Charge. Participated in development meetings and provides support for various land development projects by establishing conditions for approval of projects. Supervised and directed traffic engineering and water engineering activities of the city. Attended City Council meetings and provides reports of engineering projects to the City Council. Oversaw the city’s NPDES program and MS4 Permit compliance.

Professional Service | City of Brea, CA
Principal in Charge responsible for oversight of performance of professional services to provide plans, specifications and estimates for rehabilitation of alleys east of Brea Boulevard and south of Imperial Highway to Date Street, Downtown Parking Structure 1 Sewer Line Upgrade, and Sewer Main Repair in Alley west of Brea Boulevard and south of Imperial Highway.

Various Street Improvements | City of Lynwood, CA
Principal - in - Charge who provided oversight of design, construction management, and inspection of street improvements for Linden Street, Virginia Avenue. Walnut Avenue, Redwood Avenue, Elmwood Avenue, Olanda Avenue, and Las Flores Boulevard. The project included topographic surveying to address the drainage issues, removal, and replacement of broken or missing gutters and curbs, subsurface investigation of the existing asphalt structure, replacement of existing damaged or substandard driveways, removal and replacement of trees that have caused damage, design of ADA - compliant ramps, and repair or placement of sidewalks, where necessary. IE also provided bid administration, construction management services, and inspection for these projects.

Interim City Manager, Director of Public Works and Planning and City Engineer | City of Baldwin Park, CA
Served as Interim City Manager during a 14 - month vacancy at the City of Baldwin Park, Responsible for the development of the $40M annual operating and capital budgets, including the identification of new revenue sources for the city.

Involved in labor negotiation with seven city labor groups. Also responsible for the Sid Mousavi, MSCE, PE
Principal - in - Charge
Education
M.S. Civil Engineering, California State
Polytechnic University, Pomona
B.S. Civil Engineering, California State
Polytechnic University, Pomona
B.S. Irrigation Engineering, Azerbaijan
University, Iran
Registrations
Professional Civil Engineer:

California (#42645)
*Experience prior to joining the firm
180
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 53 enhancement of the city’s public information and public relations materials, policy development and implementation, and general administrative oversight of the city’s six departments and more than 300 employees. As Executive Director to the city’s Community Development Commission, directed the city’s redevelopment activities.

Also served as Executive Director of the Baldwin Park Housing Authority, which provided housing services for Baldwin Park as well as the cities of Duarte, El Monte, Monrovia, and West Covina.

City Engineer | City of Bell Gardens, CA
Served as the City Engineer under a general contract to provide City Engineer services. Responsible for all capital improvement programs, land development, traffic engineering, water engineering and redevelopment engineering.

City Engineer | City of Montebello, CA
City Engineer responsible for all the city’s engineering issues and projects, including overseeing the city’s engineering staff. Also served as secretary to the Traffic Commission, preparing all reports and projects to the Engineering Division.

City Engineer | City of La Puente, CA
City Engineer who directed all the city’s engineering issues and projects. Responsible for the engineer’s budget and all engineering staff who were IE employees working in City Hall. In addition, developed capital improvement programs, approved designs, and implemented projects.

Interim City Manager, Director of Public Works and Planning and City Engineer | City of Baldwin Park, CA
Responsible for the direction and administration of a staff of 373 and budget of over $33M. Responsible for such achievements as: reorganization of departments, employee development program, construction of Metrolink station, construction of 9 - acre park facility, pavement management program, energy management system, eradication of graffiti within city, bridge rehabilitation, transit program and signal synchronization.

Director of Public Works and City Engineer | City of Diamond Bar, CA Upon the city’s incorporation, Sid was hired to set up the Public Works Department, with responsibility for direction and supervision of all public works functions. While with the City of Diamond Bar, interfaced with official offices such as City Council, City Commissions, City Manager’s office, and other city departments and staff. Additional agency coordination included working with Caltrans, Los Angeles County agencies, Air Quality Management District, Walnut Unified School District, and community citizens and businesses.

Sid Mousavi, MSCE, PE (cont.)
Principal - in - Charge
181
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 54 Farzad Dorrani has 30 years of experience in a variety of civil engineering projects.

He has worked extensively on major infrastructure and public works improvement and rehabilitation projects throughout southern California for various agencies, such as the cities of La Puente, Montebello, Anaheim, Irwindale, Malibu, as well as the Alameda Corridor - East Construction Authority. Farzad’s experience includes roadway design projects, parks, and downtown revitalization design projects, contract procurement, construction management, project management and administration.

Experience
Lincoln Park Improvement | City of Anaheim, CA
Principal - in - Charge. Responsible for project management and design review for this project that improved the park’s traffic movement, parking, pedestrian access, drainage, roadway pavement, install a raised median with a park monument sign, and provide infrastructure for a future restroom building.

HSIP Cycle 8 - Various Intersection Improvements | City of Bell Gardens, CA Principal - in - Charge. Responsible for high - lever oversight of the preparation of PS&E, project management, administration, construction management and inspection, fund administration and labor compliance for the intersections at Eastern Avenue and Lubec Street and Garfield Avenue and Loveland Street. The project also included the addition of video detection on all intersection approaches and the reconstruction of the pavement within the intersection with concrete. The signal design included field surveys, signing and striping, geotechnical investigations. Bid package was prepared and submitted to city.

HSIP Cycle 7 Project - Various Intersections Improvements | City of Montebello, CA Principal - in - Charge. IE provided the preparation of PS&E for roadway improvements, pavement rehabilitation, concrete improvements, ADA improvements and utility adjustments at three intersections: Garfield Avenue and Whittier Boulevard, Garfield Avenue and Via Campo, and Via Campo and Findlay Avenue.

ATPL Federally Funded Project, ATPL 5373, Citywide Safety Enhancement | City of Bell Gardens, CA
Project Manager. This project involved safety improvements to the intersections at Eastern Avenue and Lubec Street Intersection and Garfield Avenue and Loveland Street Intersection. IE provided PS&E, project management, administration, construction management and inspection, fund administration and labor compliance for this project.

Arroyo Drive Improvements | City of Montebello, CA
QA / QC Reviewer and Project Manager. IE provided design, project management, bidding of contract, construction management and inspection, as well as federal fund administration for this project that involves removal of existing AC paving and paving of AC pavement and concrete improvement reconstruction, including Farzad Dorrani, MS
Program Director
Education
M.S. Civil Engineering, Queen’s
University of Belfast, U.K.

B.S. Civil Engineering, University of
Ulster, U.K.
182
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 55 replacing existing curb and gutter, sidewalk, driveway approaches, access ramps, and adjustment of utility covers, traffic striping, markers, pavement markings and curb painting. The project ran from Arroyo Drive from Astra Drive to Rose Glen Ave.

Pavement Repairs and Skin Patch of Various Streets CDBG Zone | City of Montebello, CA
QA / QC Reviewer and Project Manager. Responsible for oversight of design, project management, bidding, award of contract, construction management and inspection as well as federal fund administration and labor compliance of various streets pavement repairing and skin patching as agreed with the city to complete as much of the street improvements within the fixed project budget.

Eastern Avenue and Florence Avenue Regional Surface Transportation Improvements | City of Bell Gardens, CA
Project Manager. The project was the construction of two westbound left - turn lanes with a new west - bound dedicated right - turn lane to increase the intersection capacity in the westbound direction. The westbound leg is the only leg without dual left - turn lanes or dedicated right - turn lane. The intersection underwent new pavement reconstruction. The existing 7 - in asphalt concrete (AC) over a 10 - in aggregate base (AB) section was upgraded to a 10 - in Portland Cement Concrete (PCC) pavement over 12 - in AB section; increasing the service life and structural capacity of the intersection. Traffic signal system components for the intersection were upgraded as well. The existing traffic signal poles were upgraded from 80 mph design poles to 100 mph design poles (current Caltrans standard), a new P cabinet will be installed as well as new luminaries and full intersection video detection for all traffic movements.

ATP Cycle 2 Community Linkages to Civic Center and Long Beach Boulevard | City of Lynwood, CA
Principal - in - Charge. The project involves many pedestrian improvements, including sidewalk widening, crosswalk enhancements, landscaping, and street lighting.

Health, educational, and recreational facilities are located nearby the study area.

The project will likely benefit pedestrians walking in the corridor for recreation as well as those accessing the nearby facilities. The corridor also connects to a Metro Green Line station, so pedestrians may use the corridor as a means to access public transportation. The project will also include speed trailers to enforce the speed limit in nearby school zones. IE is providing project management during the entire course of the project. This has included a kick - off meeting, project development and design review meetings, preparation of design documents for the city to obtain funding approval, progress meetings, preparation of agendas and minutes, preparation and updates of project schedule, and project cost management.

Farzad Dorrani, MS (cont.)
Program Director
183
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 56 Experience
Lilita Street and Eve Avenue Storm Drain Improvement | City of Lynwood, CA Conducted a field investigation to identify cause of flooding issue. Drafted a hydrology and hydraulics report to identify issues and provided two solutions to alleviate flooding. Developed plans to address flooding through use of drywells and developed alternative plans to direct connect proposed storm tank to existing storm drain main line.

Connector Pipe Screen (CPS) | City of Bell Gardens, CA
Conducted a field investigation of all public and private catch basins citywide.

Developed a GIS based log utilizing MS4Front software. Developed plans and applied for permitting through LA county to retrofit catch basins citywide by installing CPS units. Hosted pre - construction meeting with contractor, city staff and LA county.

Gertrude Drive Street Improvements | City of Lynwood, CA Developed Plans, Specifications and Estimate (PS&E) package for water improvement along Gertrude Drive. Designing 8 - in D.I.P Water Main complete with tees, service lines, water meters, water boxes, wedge gate valves, transition couplings, thrust blocks, reducers etc. Plans included asphalt and concrete repairs along with plan and profile for curb and gutter drainage.

Virginia Avenue Street Improvements | City of Lynwood, CA Developed Plans, Specifications and Estimate (PS&E) package for water improvement along Virginia Avenue. Designing 8 - in D.I.P Water Main complete with tees, service lines, water meters, water boxes, wedge gate valves, transition couplings, thrust blocks, reducers etc. Plans included asphalt and concrete repairs along with plan and profile for curb and gutter drainage.

Asmus Park Catch Basin Evaluation and Feasibility Study | City of Bell Gardens, CA Responsible for alleviating severe flooding issue at Asmus Park by identifying issues through a field investigation and a hydrology and hydraulics analysis to identify volume of water needed to divert and treat. Developed conceptual plans of dry wells at parks to recharge ground water.

Slauson Avenue Congestion Relief Improvement Project | Huntington Park, CA Project Manager. Responsible for hydrology and hydraulics analysis to divert and treat runoff from two - mile long corridor along Slauson Avenue. Design BMPs to treat runoff and make street into a green street. Run Synchro Simulation for ten signalized intersections for LOS analysis, coordination, and timing. Design plans and specifications for signal system upgrades and street widening.

San Gabriel River Bikeway Environmental Services and Permits | Baldwin Park, CA Engineering Supervisor. Responsible for developing and approving SWPPP so all pollutants and their sources, including sources of sediment associated with Aidan Mousavi, MBA, PE, QSP / QSD
Project Manager
Education
M.B.A., General, California State
Polytechnic University, Pomona
B.S., Civil Engineering, California State
Polytechnic University, Pomona
Registrations
Professional Civil Engineer:

California (#91136)
Qualified SWPPP Practitioner (QSP)
/ Qualified SWPPP Developer (QSD):

California (#91136)
*Experience prior to joining the firm
184
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 57 construction site erosion and all other activities associated with construction activity are controlled. All discharges are identified and either eliminated, controlled, or treated. BMPs selected that are effective and result in the reduction or elimination of pollutants in stormwater discharges. Post - construction BMPs are identified and installed during construction that are intended to reduce or eliminate pollutants after construction is completed. Developed methods to implement BMP inspection, visual monitoring, Rain Even Action Plan (REAP) and Construction Site Monitoring Program (CSMP).

NPDES Storm Water Program Inspection | Baldwin Park, CA Inspector. As required under the state’s Regional Water Quality Control Board regulations and city ordinances permitting inspection programs, the City of Baldwin Park has enlisted IE to conduct a routine visual inspection for point - source pollution control. The goal of this inspection is to prevent the discharge of pollutants associated with business activities from entering the city’s storm drain system. Aidan conducted all necessary inspections for the city and provided the appropriate reports.

NPDES Annual Report | Montebello, CA
Project Manager. As mandated by the Trash Total Maximum Daily Loads (TMDLs) for the Los Angeles river watershed, each city within the Los Angeles River watershed is required to submit a compliance report for the Los Angeles River trash TMDL to the Regional Water Quality Control Board. With the collaboration of engineering, code enforcement, building, street maintenance, planning, and relevant contracted services, Aidan developed the Annual Report for the city, identifying methods used to meet compliance as well as providing calculations for scientific justification.

NPDES Watershed Management Plan and Integrated Monitoring Program Coordination | Bell Gardens, CA
Project Manager. NPDES permit, authorized by the Clean Water Act, was issued by the Regional Water Quality Control Board. The purpose is to ensure the MS4 permits in the county of Los Angeles are not causing or contributing to exceedances of water quality objectives set to protect the beneficial uses in the receiving waters in the Los Angeles region. Aidan worked with a variety of agencies to customize the City of Montebello’s storm water programs by using BMPs to achieve compliance. He assisted with training and presentation of the requirements of the MS4 Permit to all maintenance staff and inspectors. Aidan coordinated with the Los Angeles County Flood Control District and seven other cities in Los Angeles County and worked on developing the strategy, design, and implementation of a Watershed Management Program and a Coordinated Integrated Monitoring Program. Aidan attended all regular watershed meetings, representing the City of Bell Gardens, as requested by the city. He also provided commercial and industrial permit inspections for all eligible businesses in the City of Bell Gardens; he provided the businesses with educational material and advised them on how to comply with the MS4 permit. Aidan also conducted audits and provided the reports, as required by the permit.

Aidan Mousavi, MBA, PE, QSP / QSD (cont.)
Project Manager
185
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 58 Masoud has over 35 years of experience working for both public agencies in addition to the private sector, managing a variety of large and complex public works and capital improvement projects. He has held various leadership positions in managing a variety of projects for major public works programs. As the City Engineer for the City of Placentia, he was responsible for delivery of many projects. As the Director of Construction Management for the Los Angeles Metropolitan Transportation Authority, Masoud was responsible for the southern portion of the Crenshaw / LAX Transit Project. During his tenure with LA Metro, Masoud was responsible for management of all construction on the Southern segment of the project, including major utility relocations. Working for the City of Los Angeles for 10 years, Masoud held various positions, managing many types of public improvement projects as well. The following is a partial list of projects that Masoud has successfully managed over the last 35 years.

Experience
City Engineer | City of Placentia, CA*
Masoud’s responsibilities included management and processing of all public works encroachment permits in addition to all other city engineering and management functions. Masoud was responsible for plan check, design review, and inspections associated with private developments throughout the city. He assisted the Director of Public Works with preparation of the Capital Improvement Program (CIP) budgets and monitored the expenditures in conformance with the Department’s goals and objectives. He managed all design and construction contracts associated with the public works CIP program to ensure delivery of projects on time and on budget.

Masoud supervised and assigned work to in - house engineering, maintenance staff and consultant staff associated with CIP and plan - checking activities. His responsibilities also included negotiating and enforcing design and construction contracts, cooperative agreements, interacting with other cities and agencies, license agreements, lease agreements, schedules, and work plans to ensure projects were completed within expected timelines, material specifications, and budget.

He reviewed change orders, evaluated budgets, costs, and technical feasibility.

Conducted staff meetings with city personnel; attended meetings with other city departments, government agencies, private developers, contractors, and consultants to coordinate various projects and programs. Prepared schedules and budgets for various projects and assist with preparation of the CIP and grant applications.

Reviewed and approved tract maps, parcel maps, lot - line adjustments and provided advice to the City Administrator, planning and City Council regarding engineering and administrative issues. Prepared Agenda Reports on various actions required by the City Council. Attended City Council, Planning Commission, Traffic Commission, and other public meetings and made presentations on various engineering and construction proposals, contracts, engineering reports, and staff recommendations.

Masoud Sepahi, PE, LEED GA
Construction Manager
Education
B.S. Civil Engineering, Loyola
Marymount University
Structural / Civil Engineering,
California State University, Northridge
Registrations
Professional Civil Engineer:

California (#52786)
Leadership in Energy and
Environmental Design Green Associate
(LEED GA)
*Experience prior to joining the firm
186
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 59 Los Angeles Metropolitan Transportation Authority | City of Los Angeles, CA* As the Director of Construction Management, Masoud was responsible for the southerly portion of the Crenshaw / LAX Transit Project. This project was an eight - and - a - half - mile light - rail line, which connects the Expo Line on Exposition Boulevard to the Metro’s Green Line at the Los Angeles International Airport. This $2B project consisted of 8 Stations, 8 aerial bridges over major streets and the I - 405 Freeway. During his tenure with LA Metro, Masoud was responsible for management of all construction on the Southern segment of the project, extending from the Greenline station to the outside of City of Inglewood. His responsibilities included management of the entire construction staff, reporting to executive management on construction progress and issues in addition to interfacing with the city officials, utility agencies, contractors, and designers. Also, working for Metro, Masoud was responsible for the management of three major Advanced Utility Relocation Contracts as part of the Purple Line Corridor Project. This project extended the terminus at Wilshire / Western westward for about nine miles with seven new stations.

He performed Resident Engineering for three major contracts under this $4B transit project. Responsible for all of the utility relocations at three major intersections, La Brea and Fairfax in the City of Los Angeles and La Cienega at the City of Beverly Hills.

Duties included management of construction and design staff, interaction with utility agencies, contractors, designers and city officials. The advance utility contracts paved the way for mass excavation of the subway stations. The relocation of over 150 major utility lines had to be designed and constructed within a very aggressive schedule to allow for the next phases of the project to start. As the Director of Construction Manager, Masoud was responsible for delivery and relocation of major storm drains, sanitary sewer, electrical power lines, telecommunication, water, gas, and many other utilities, which had to be relocated within a very aggressive schedule.

MARRS Services | Fullerton, CA*
Principal. As the principal for MARRS’ facilities, and transit divisions, Masoud was responsible for managing construction management staff and multiple contracts with various public agencies. His responsibilities included management of multiple civil engineering projects, reporting to executive management and interaction with clients. His other responsibilities included development and implementation of marketing strategies, preparation of staffing plans, preparation and analysis of company budgets and finances in addition to interaction with existing and potential new clients. Some of the major projects under his management included: LAX / Crenshaw Transit Corridor, Advanced Utility Studies, LAWA Water Systems modeling, LAX 2nd Level Roadway and Deck Repair, Metro On - call bus Facility construction management, Cesar Chavez Roundabout Project, LAX South Runway Improvements in addition to many other infrastructure improvement projects.

Masoud Sepahi, PE, LEED GA (cont.)
Construction Manager
187
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 60 GKK Works | Irvine, CA*
As Program Director, Masoud was responsible for GKK’s Construction Management for various public works facility projects. Some of these projects included: Police Administration Building, San Bernardino International Airport Facility Improvements Program, Third party review for all new developments for the Inland Valley Development Agency (IVDA.), runway drainage studies, conceptual design and modifications for terminal buildings, facility and site assessment, demolition of buildings and facilities at the airport, master planning, and third - party reviewer for construction of large warehouses for the IVDA. On behalf of IVDA, he also worked with private developers for development of large cargo storage and distribution centers near the airport.

Kellogg Brown and Root (KBR) | CA*
As the KBR’s Construction / Design manager for the West - coast region, he was responsible for KBR’s projects in the Southern California Region. His duties included contract negotiations with clients and subconsultants, managing and administering projects in addition to managing engineering staff and subconsultants. As the design manager for the Airside Improvement Program (AIP) at Bush Intercontinental Airport, he was responsible for the management and supervision of the design staff and up to 100 subconsultants. His responsibilities also included management of multiple design contracts to ensure compliance with the project budget and schedule in addition to the Client’s guidelines and regulations. Provided routine project status reporting on the work performance and productivity of designers and their subconsultants. He also reviewed and approved designer’s invoice for compliance with provisions in the Contract including minority participation requirements. He managed the design and construction of many projects, under the AIP program
Project / Construction Manager | City of Los Angeles, CA* As a City of Los Angeles Engineering staff, Masoud worked on many infrastructure programs and projects, some of which include the Police Bond Program, Los Angeles Convention Center Expansion, Tom Bradley Terminal at LAX and many other small to large municipal facility construction and renovations. Masoud worked at the Departments of Public Works and Building and Safety, where he was responsible for plan check activities for Public Works improvements in addition to residential and commercial buildings. He was responsible for reviewing and evaluating the work of professional and technical employees engaged in the preparation of designs, plans, specifications, estimates, environmental studies, budgeting, scheduling and reports on major engineering projects. Supervised and directed engineering staff and activities in connection with design, construction, maintenance, inspection, and operation of a wide variety of engineering projects. As part of the Earthquake Recovery Division, Masoud managed the recovery and renovation of buildings after the Northridge earthquake in the San Fernando Valley.

Masoud Sepahi, PE, LEED GA (cont.)
Construction Manager
188
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 61 Christopher Ley has over 15 years design and engineering experience. His expertise includes CAD and graphic design, civil engineering design including street layout, hydrology, drainage, sewer design and grading for residential and commercial projects.

Experience
Walden and Associates | Irvine, CA*
Project Engineer. Christopher was responsible for civil engineering design including street layout, hydrology, drainage, sewer design and grading for residential and commercial projects. Skilled in developing plans and survey data sets using AutoCAD Civil 3D 2012 and 2016. Production of reports using Microsoft Word and Excel, Bentley WaterCAD, and Bluebeam.

WWD / L&S Engineering | Monterey, CA*
Staff Engineer / CAD Manager. Responsible for civil engineering design including street layout, hydrology, drainage, sewer design and grading for residential and commercial projects. Skilled in developing plans and survey data sets using AutoCAD Land Desktop 2006 and AutoCAD Civil 3D 2011. Responsible for company’s migration from Land Desktop 2006 to Civil 3D 2011. Subsequent duties as CAD Manager, responsible for all training in Civil 3D after initial off - site classes, development of comprehensive styles and description key sets, and implementing transitions to Civil 3D standards from Land Desktop. Also developed training aids and curriculum for transition. Responsible for conversion of Civil 3D files for Revit.

Administrative assistant duties during slow periods, including accounting, filing and office development. IT duties when necessary, including rebuilding network after incomplete implementation by consultant. WWD became L&S in August 2012.

Saroyan Masterbuilders | Sand City, CA*
CAD Manager / Senior Draftsman. Responsible for residential and commercial design and drafting while ensuring ADA compliance, egress requirements and coordination of plans from various disciplines into a single set. Was responsible for implementation of AutoCAD 2006 system, training of 2 supervisors, development of CAD standards and overseeing transition from hand drafting.

Greenway Design | Marina, CA*
Drafting and Engineering Manager. Residential design and drafting including determination of code compliance for lateral stability and egress. Extensive experience with Microstation V8 and Triforma production drafting of residential structures, including application of engineering notes.

Lindal Cedar Homes, Inc. | Seattle, WA*
Senior Draftsman. Responsible for residential design and drafting, including determination of code compliance for lateral stability and egress. Instrumental in creating structural designs of posts and beams for a variety of vertical and lateral Christopher Ley, PE
Senior Civil Engineer
Education
B.S. Civil Engineering, Oregon State
University
Registrations
Professional Civil Engineer:

California (#80620)
*Experience prior to joining the firm
189
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 62 loads. Pioneered development of various charts as aids in design of structural elements. Directly involved in the implementation of Microstation Triforma 3D, and developed methods of aligning non - planar elements that were subsequently used by Microstation in their official training programs.

Baker Engineers, Inc. | Lynwood, WA*
Staff Engineer. Duties included structural design including wind and seismic analysis, gravity design, rigid frame foundation design and pin pile foundation design.

Production and structural detail drawings and drafting foundation plans.

Christopher Ley, PE (cont.)
Senior Civil Engineer
190
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 63 Amir Farahani has more than 30 years of experience in various traffic, transportation and civil engineering disciplines. He has experience with contract administration, design experience and regulatory compliance. He has worked with IE for the past two years as a Principal Engineer. He has been in charge of various traffic and transportation studies; design of traffic signals, high - intensity activated crosswalk (HAWK) signals and Rectangular Rapid Flashing Beacon (RRFB) for pedestrian crossings. In working with the City of Orange, as an Engineering Tech. II and eventually as a City Traffic Engineer / Traffic and Transportation Manager, he has been involved in all aspects of the projects the city has designed and constructed.

This includes coordinating with local, county, state, and federal agencies and various utilities to ensure successful project completion. Amir understands the level of detail and problem - solving skills required to complete high - profile projects on time and within budget.

Experience
Slauson Avenue Congestion Relief Improvements Project | City of Huntington Park, CA
Project Manager. Conducting traffic signal left turn phasing for five intersections in the project limits and recommending protected permissive left turn phasing with flashing yellow left turn arrow. Designed the subject traffic signals accordingly and prepared PS&E.

ATP Cycle V - Safe Routes and Childhood Obesity Project | City of Huntington Park, CA
Project Manager. In charge of various traffic related works such as design of HAWK beacon system for three pedestrian crossings; design of pedestrian scramble crosswalk striping; traffic signal modifications to create a separate pedestrian scramble cycle; restriping of existing crosswalks with a high - visibility continental design; realignment of existing crosswalks to align with the proposed conversion of Hood Avenue into a one - way street and prepared the project PS&E.

Imperial HWY and Ruth Avenue Traffic Signal Improvements Project | City of Lynwood, CA
The work to be done, in general, consists of, but is not limited to the following:
mobilization, traffic control, remove existing crosswalks, warning lights, and streetlights; removal and construction of concrete sidewalks, curb and gutters, curb ramps; furnish and install traffic signal system, battery backup system, pull boxes, traffic signal loop detectors and connect DLC to pull box, relocate fire hydrant and water valve, providing construction survey, and traffic signing, striping and markings as shown on the plans and noted in these special provisions.

Amir Farahani, TE, PE
Senior Traffic Engineer
Education
B.S. Civil Engineering, California State
University, Los Angeles
Registrations
Professional Traffic Engineer:

California (#T2363)
Professional Civil Engineer:

California (#C54235)
*Experience prior to joining the firm
191
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 64 Senior Traffic Engineer / Manager - Transportation Services / City Traffic Engineer | City of Orange, CA*
Amir utilized his many years of experience to manage various traffic and civil engineering projects. He also managed traffic and civil construction projects during his employment with the City of Orange. Amir planned, managed, and provided oversight of the daily functions, operations and activities of traffic and transportation division of the City of Orange, including Traffic Management Center (TMC), traffic signal timing, operation and maintenance, review of residential and commercial developments; and was responsible for leading the traffic operation and transportation planning team. Amir also managed and participated in the development and implementation of goals, objectives, policies and priorities for the division. He also provided recommendations within departmental policy regarding appropriate service and staffing levels.

Oversaw and participated in the development and administration of the operation and capital improvement division annual budget; participated in the forecast of funds needed for staffing, equipment, materials, and supplies; monitored and approved expenditures; implemented adjustments. Attended and participated as City Traffic Engineer at city council, commissions, committees, and other agency meetings as required. Prepared and presented technical information, analysis, and recommendations. Oversaw the development of consultant requests for proposals for professional and construction services and the advertising and bid processes; evaluated proposals and recommended project award; administered contracts after award.

Collaborated with other city departments, police, fire, Caltrans, OCTA and other outside agencies to plan, implement and complete projects and initiatives to improve traffic safety and mobility around the city. Identified outside funding sources for city traffic and transportation programs, directed and prepared funding applications.

Responded to traffic and transportation related resident and commuters’ inquiries and requests. Oversaw traffic signal plans preparation and coordination programs, developed and approved traffic engineering standards and policies for the city.

Reviewed and analyzed studies, environmental impact reports, proposals, and negotiations with other agencies to secure projects and policies favorable to the city.

Senior Civil Engineer / Associate Civil Engineer / Assistant Civil Engineer / Engineering Tech. II | City of Orange, CA*
Planned, prioritized, assigned, supervised, reviewed and participated in the work of staff responsible for providing traffic engineering services within the assigned section. Developed and prepared construction plans, specifications, and estimates for various in - house design projects including traffic, streets, sewers and storm drains. Participated in the selection of engineering staff; provided or coordinated staff training; worked with employees to correct deficiencies; implemented Amir Farahani, TE, PE (cont.)
Senior Traffic Engineer
192
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 65 discipline procedures. Reviewed and prepared transportation and traffic engineering studies; prepared requests for proposals; reviewed environmental impact reports; reviewed transportation models. Performed project management for the design and construction of capital improvement projects for city departments including public works, community services, economic development and fire. Ensured conformance with state, federal, and local standards and procedures in carrying out projects.

Prepared and applied for project funding from federal, state, and utility grant programs including Highway Bridges Rehabilitation and Replacement (HBRR), Arterial Highway Rehabilitation Program (AHRP), Safe Route to Schools (SR2S / SRTS), Highway Safety Improvement Program (HSIP), Transportation Enhancement Activities (TEA), Orange County Sanitation District Cooperative Projects, State - Local Transportation Partnership Program (SLTPP), Community Development Block Grant (CDBG) and City Engineers Flood Control Advisory Committee (CEFCAC).

Interacted and communicated with the public, city management and departments, contractors, consultants and other governmental agencies to resolve issues.

Prepared and processed various documents including council agenda reports, consultant agreements, hydrology and hydraulic studies, requests for proposals, plan check, consultant selection, bid evaluation, insurance certificates, environmental compliance, encroachment permits, right - of - way and reimbursement packages.

Revised and maintained city standard plans and specifications.

Amir Farahani, TE, PE (cont.)
Senior Traffic Engineer
193
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 66 Shawnt Babakhanian has 30 years of experience in the preparation of contract drawings for a variety of civil engineering, transportation engineering and structural engineering projects. He also has extensive knowledge and expertise in both IT and CAD management.

Experience
Bartlett Avenue Rehabilitation Project | City of Adelanto, CA CAD Manager. Responsible for overseeing the project’s drafting, design, cost estimates, and specifications for improvements to the asphalt pavement, cross gutter, ADA curb ramps, and water main replacement. The project was not only completed according to the client’s requirements but also finished on schedule and well within the budget. In addition, oversaw drafting quality assurance and quality control to meet the standards and requirements set forth by the City of Adelanto.

Bellflower Street Rehabilitation Project | City of Adelanto, CA CAD Manager. Improvements to the asphalt pavement, cross gutter, ADA curb ramps, and water main replacement. Responsible for reviewing the project’s specifications and cost projections, as well as the design and drafting. In addition, responsible for drafting quality assurance and quality control to meet the standards and requirements set forth by the City of Adelanto.

SB1Street Enhancement Project | City of Huntington Park, CA Designer / Drafter. Sanitary sewer, water, and street improvement plans, including plan and profile, cross - sections, construction details, utility, and traffic striping plans.

Was also involved in preparing specifications and cost estimate for the project, which required the replacement of the old sanitary sewer and water system with a newer system that was up to standards. In addition, was responsible for quality assurance / quality control for drafting of civil plans during the project.

Water Main Replacement Project | City of Huntington Park, CA Designer / Drafter. Main water line, fire hydrants, water meters, and backflow prevention element of the project. Also in charge of the field investigation, specifications, and cost estimate. In addition, was responsible for quality assurance / quality control for project plans and details during the project. The project was completed per standard details, on time, and within budget.

Various Residential Street Improvements (FY 20 - 21)| City of Hawaiian Gardens, CA Designer / Drafter. Street improvements, signing and striping, and utility plans. In addition, was involved in design, specifications and cost estimates preparation.

Responsible for quality assurance / quality control for project plans and details to ensure the project was completed while adhering to city requirements. The project was completed on time and within budget.

Shawnt Babakhanian
CAD Manager
Education
AutoCAD, Glendale College
AutoCAD Civil 3D, Westech College
Microstation, Westech College
Land Development Desktop, Westech
College
*Experience prior to joining the firm
194
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 67 Schmidt Road Street Improvement Project | City of El Monte, CA Designer / Drafter. Street improvements, signing and striping plans. In addition, was involved in specifications and cost estimates preparation. He was responsible for quality assurance / quality control for project plans and details to ensure the project was completed while adhering to city requirements. The project was completed on time and within budget.

Alley Improvement, Various Street Rehabilitations and Water Main Replacement Project | City of Brea, CA
Designer / Drafter / Utility Coordinator. Responsible for designing / drafting alley pavement, longitudinal gutter, street improvements, signing and striping and utility improvements within the project area. In charge of drafting the main water line system, fire hydrants, fire services, water meters and backflow prevention for the project. Also, responsible for acquiring and verifying utility plans by coordinating with utility agencies. Shawnt oversaw quality control for the project to ensure that it was completed while observing city requirements.

Alley and Industrial Street Rehabilitation Project | City of Brea, CA Designer / Drafter. Responsible for the preparation of plans, profiles, and details, and involved with the field investigation that included field surveys of the asphalt pavement, sidewalks, curbs and gutters, driveways, and curb ramps. Also involved in specifications and cost estimate preparation. Responsible for quality assurance / quality control for the project’s plans and details to ensure that the project was completed while adhering to city requirements. The project was completed on time and within budget.

Lincoln Park Improvement | City of Anaheim, CA
Designer / Drafter. Project included construction of roadway improvements, including removal of existing improvements including AC pavement, concrete sidewalk, curbs and gutters, storm drain improvements and landscaping, and construction of new street and sidewalk improvements, including new concrete curb and gutter, concrete sidewalk, storm drain catch basins, drainage inlet modifications and AC pavement sections. In addition, was responsible for quality assurance / quality control for drafting of civil plans during the project.

Safe Routes to School - Pleasant View, Vineland and Tracy Elementary Schools | City of Baldwin Park, CA
Designer / Drafter. Preparation of PS&E for new signing and striping, curb extensions, new curb and gutter, sidewalks, ADA - compliant ramps, and pavement. Other improvements include the installation of detectable warning surfaces. The project consists of work on nine intersections.

Shawnt Babakhanian (cont.)
CAD Manager
195
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 68 Bahar Baradaran has four years of experience in civil engineering that includes roadway infrastructure projects.

Experience
Bellflower Street Rehabilitation Project | City of Adelanto, CA Engineering Assistant for designing and planning the primary pavement rehabilitation, water main and sanitary sewer lines. Also designed the pavement based on the geotechnical report and was responsible for coordinating with geotechnical investigators to identify the pavement design and requirements.

Prepared plans, profiles, specifications and cost estimate for this project. Also sent utility notices and coordinated with Edison, water and gas companies.

Bartlett Avenue Rehabilitation Project | City of Adelanto, CA Engineering Assistant who gathered data from survey and site inspections to design and plan the main water and sewer lines. Collaborated with client to develop water and sewer improvement plans and profiles in compliance with city regulations.

Conducted extensive research and analysis of existing infrastructure, topography and environmental factors to develop effective solutions. Designed and drafted detailed plans and profiles using Civil 3D. Managed project timelines and prepared cost estimate to ensure it was within budget limits and provided the best value.

SB1 Santa Fe Avenue and Miles Avenue | City of Huntington Park, CA Engineering Assistant who was instrumental in sketching plans for sanitary sewer, water and street enhancements. This included detailed plan, cross - sectional views and traffic striping. Played an essential role in helping with specifications and calculating the cost estimate for the project, which entailed updating the outdated water and sanitary sewer systems to meet current standards.

CIP Priority 2B Street Improvement Project | City of Lynwood, CA Engineering Assistant who created all sheets for improvements and utility relocations for the city’s Phase 2 CIP Street Improvement Project. Tasks included coordinating with utility companies and conducting field investigations to obtain measurements of existing site and proposed improvements. Prepared specification package per Greenbook and has developed quantities for removals and improvements for cost estimation.

ATP Cycle 2 Lynwood Community Linkages to Civic Center and Long Beach Boulevard | City of Lynwood, CA
Engineering Assistant responsible for creating the signing and striping sheets for the project. Work involved creating the construction notes and designing the new striping on AutoCAD.

Bahar Baradaran, EIT
Engineering Assistant
Education
M.S. Civil and Environmental
Engineering with a focus on Water
Resources, California State University,
Fullerton
B.S. Civil Engineering, University of
Science and Culture, Iran
Registrations
Engineer in Training (EIT):

California (#178797)
*Experience prior to joining the firm
196
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 69 Street Rehabilitation Project | City of Bell Gardens, CA Engineering Assistant responsible for developing street cross section and base map; performed field reconnaissance to inspect and verify surface indications of utilities.

IE is providing design, project management, bidding of contract, construction management and inspection, as well as federal fund administration for this project that involves removal of existing AC paving and paving of AC pavement and concrete improvement reconstruction, including replacing existing curb and gutter, sidewalk, driveway approaches, access ramps, and adjustment of utility covers, traffic striping, markers, pavement markings and curb painting.

Internship | City of Irvine, CA*
Intern who acted as a sustainability manager assistant. Aided in the development of plans on drainage, road, and residential projects and helped with environmental studies, permitting and alternative analyses. Observed the preparation, function and process of tender and contract documents in action and assisted civil engineers to fulfill these. Also collaborated with research on other projects as a team member.

Internship at William Simpson and Associates | City of Lake Forest, CA* Intern who drafted detail of sections, plans, and elevations with AutoCAD. She handled cost of materials estimations, report and document tracking, project documentation, on - site project visits, and building permit applications. Bahar shadowed senior civil engineer on a project to determinate the on - going stability of concrete stabilized footpath around a commercial center.

Bahar Baradaran, EIT (cont.)
Engineering Assistant
197
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 70 Experience
Infrastructure Engineers, a Bowman company | Brea, CA
Engineering Assistant. Performed tasks contributing to the completion of various public works projects under the supervision of a professional civil engineer registered in the State of California. These tasks include CAD drafting / design; grading and drainage design, preparation of plans, specifications, and estimates (PS&E); submittal and plan check coordination with agencies, clients, and subconsultants; preparation of Standard Urban Stormwater Mitigation Plans (SUSMP) and Water Quality Management Plans (WQMP); quantity takeoff, earthwork calculations, and field checks.

Bellflower Avenue Rehabilitation Project | City of Adelanto, CA Engineering Assistant. Assisted in the development of preliminary Plans, Specifications and Estimate (PS&E) for full - depth asphalt pavement rehabilitation, including redesigning curb ramps to meet ADA compliance. Pavement design was based on geotechnical recommendations and city requirements. Coordinated with land surveyor to identify limits of right - of - way and required dedication.

Bartlett Avenue Rehabilitation Project | City of Adelanto, CA Engineering Assistant. Assisted in the development of Plans, Specifications and Estimate (PS&E) for full - depth asphalt pavement rehabilitation, including redesigning curb ramps to meet ADA compliance. Pavement design was based on geotechnical recommendations and city requirements. Coordinated with land surveyor to identify limits of right - of - way and required dedication.

San Gabriel River Greenway and Neighborhood Connection Project | City of Baldwin Park, CA
Engineering Assistant. Assisted in the development of Plans, Specifications and Estimate (PS&E) for the landscaping of a 2.3 - mile shared - use bike trail currently under construction. Coordinated for plan review and project compliance on behalf of the City of Baldwin Park with various governmental agencies, including United States Army Corps of Engineers (USACE), Los Angeles County Flood Control District (LACFCD), and Los Angeles County Department of Public Works (LACDPW). Contacted vendors to incorporate project elements crucial to the project scope. Coordinated with the Landscape Architectural subconsultant to ensure landscape and irrigation plans comply with requirements of the aforementioned agencies.

Big Dalton Wash Greenway and Neighborhood Connection Project | City of Baldwin Park, CA
Engineering Assistant. Assisted in the development of Plans, Specifications and Estimate (PS&E) for a 2.8 - mile shared - use bike trail. Coordinated for plan review and project compliance on behalf of the City of Baldwin Park with various governmental agencies, including United States Army Corps of Engineers (USACE), Los Angeles Michael Dela Cruz, EIT
Engineering Assistant
Education
B.S. Civil Engineering, California State
University, Los Angeles
Registrations
Engineer in Training (EIT):

California
*Experience prior to joining the firm
198
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 71 County Flood Control District (LACFCD), Los Angeles County Department of Public Works (LACDPW), Southern California Regional Rail Authority (SCRRA) and neighboring municipalities. Contacted vendors to incorporate project elements crucial to the project scope.

P .A. Arca Engineering, Inc. | City of Carson, CA
Junior Civil Engineer. Performed tasks contributing to the completion of various private land development and public works projects under the supervision of a professional civil engineer registered in the State of California. These tasks include:

CAD drafting / design, grading and drainage design, low impact development (LID) design, preparation of SUSMP and WQMP , preparation of Storm Water Pollution Prevention Plan (SWPPP) reports, SWPPP inspections, hydrology studies, cost estimate, quantity takeoff, earthwork calculations, construction administration and support, sewer area studies, slope density analysis, and field checks.

Michael Dela Cruz, EIT (cont.)
Engineering Assistant
199
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 72 Jaelin Murray has two years of experience in civil engineering which includes roadway and stormwater projects.

Experience
ATP Cycle 5 Citywide Complete Street Improvements Project | City of Bell Gardens, CA
Engineering Assistant. Jaelin was instrumental in drafting base maps from survey and assessor maps. Also responsible for creating existing utility maps and creating plan cut sheets.

South Verdugo Road Pavement Rehabilitation | City of Glendale, CA Engineering Assistant. Played an essential role in conducting field project walks utilizing GIS to identify damaged or hazardous utilities, concrete and pavement. She also checked and identified sidewalks, driveways and ramps for proper width, height and slope. Prepared plan sheets for improvements, designing driveways and ramps.

Industrial Commercial Facilities Program Project | City of Bell Gardens, CA Engineering Assistant. Responsible for creating inventory and gathering data on each commercial and industrial facility that meets need for a NPDES permit. Tasks also included coordinating appointments for inspection, conducting stormwater pollution prevention inspections of facilities, and record keeping photos, inspection forms, and notes.

Infrastructure Engineers, a Bowman company | Brea, CA
Intern. Aided development of plans for beautification and rehabilitation projects.

Jaelin also aided in the development of specifications packages. Coordinated utility notices for traffic and rehabilitation projects. Handled quantities and subsequent cost estimates for various roadway improvements and beautifications. Drafted preliminary design of retaining ring wall design.

Internship | City of Dana Point, CA*
Capital Improvement Project Intern. Drafted project exhibits and utility maps with AutoCAD. She streamlined records of city property inventory, construction budgeting and bid scheduling. Aided in the development of roadway project plans and as - builts. Accompanied, conducted field walks for topography, drainage, and roadway damage assessment. Navigated records requests for right of way, building plans and utility maps.

Jaelin Murray, EIT
Engineering Assistant
Education
B.S. Civil Engineering with a
specialization in Structural
Engineering, University of California,
Irvine
Registrations
Engineer in Training (EIT):

California (#178483)
*Experience prior to joining the firm
200
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 73 Hamed Habibi has 12 years of experience in traffic engineering, especially in Traffic Signal Planning, Actuated Traffic Signal Systems, and ITS systems. His experience includes drafting, and designing traffic signal plans, writing traffic signal warrants and stop sign warrant reports, creating cost estimates, generating specifications, designing street overlays, and generating conceptual imagery for exhibits in different projects.

Experience
Quiet Zone Preparation of PS&E for 12 Railroad HWY Crossings | City of Covina, CA Engineering Assistant. Responsible for preparation of proposed Improvement plans for 12 highway / railroad crossings including quadratic gates, medians, pavement, traffic striping, markings and signage in accordance with CA - MUTCD and Metrolink Standards.

Left Turn Warrant Studies for Five Intersections at Slauson Avenue | City of Huntington Park, CA
Engineering Assistant. Responsible for creating the left turn warrants report and verifying the warrant conditions satisfied on the CA - MUTCD. Designed a collision diagram, conducted an analysis on the collision history of the intersections, simulated these five intersections in Synchro for five different scenarios, conducted pedestrian safety analysis and provided a field review of existing conditions.

All - Way Stop Sign Warrant Analysis – Florence Place and Scout Avenue Intersection | City of Bell Gardens, CA
Engineering Assistant. Responsible for creating the all - way stop warrant report and verifying the warrant conditions satisfied on the CA - MUTCD. Designed a collision diagram, conducted an analysis on the collision history of the intersection, Sight Distance Evaluation and provided a field review of the existing conditions.

All - Way Stop Sign Warrant Analysis – Jaboneria Road and Gotham Street Intersection | City of Bell Gardens, CA
Engineering Assistant. Responsible for creating the all - way stop warrant report and verifying the warrant conditions satisfied on the CA - MUTCD. Designed a collision diagram, conducted an analysis on the collision history of the intersection, Sight Distance Evaluation and provided a field review of the existing conditions.

Speed Zone Survey and Speed Limit Study for Garfield Avenue | City of Bell Gardens, CA
Engineering Assistant. Responsible for creating Speed Survey Analysis report in accordance with CA - MUTCD and CVC. Conducted an analysis on the collision history of the intersection, Road Condition Analysis and provided a field review for achieving the efficient speed limit.

Hamed Habibi, MS
Engineering Assistant
Education
M.S. Transportation Planning,
International University of Qazvin, Iran
B.S. Civil Engineering, Sharif University
of Technology, Tehran, Iran
Registrations
SCATS Training Course / RTA / New
South Wales - Sydney - Australia
*Experience prior to joining the firm
201
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 74 Transportation Assessment for the Rancho Adelanto City Center Project | City of Bell Gardens, CA
Engineering Assistant. Responsible for creating the Transportation Assessment report including Project Trip Generation based on ITE - Trip Generation Manual (last edition), Project Trip Distribution and Trip Assignment, Vehicle Miles Traveled (VMT) Assessment, Traffic Signal Warrants Study, analysis of other modes of transportation (non - automobile facilities) for the project. This involved using AutoCAD to create the Conceptual Traffic Signal Plan and Access Improvement for the proposed intersection.

All - Way Stop Sign Warrant Analysis – Bellflower Street and Lawson Avenue Intersection | City of Adelanto, CA
Engineering Assistant. Responsible for creating the all - way stop warrant report and verifying the warrant conditions satisfied on the CA - MUTCD. Designed a collision diagram, conducted an analysis on the collision history of the intersection, Sight Distance Evaluation and provided a field review of the existing conditions.

All - Way Stop Sign Warrant Analysis – Stevens Street and Bartlett Avenue Intersection | City of Adelanto, CA
Engineering Assistant. Responsible for creating the all - way stop warrant report and verifying the warrant conditions satisfied on the CA - MUTCD. Designed a collision diagram, conducted an analysis on the collision history of the intersection, Sight Distance Evaluation and provided a field review of the existing conditions.

All - Way Stop Sign Warrant Analysis – Stevens Street and Kemper Avenue Intersection | City of Adelanto, CA
Engineering Assistant. Responsible for creating the all - way stop warrant report and verifying the warrant conditions satisfied on the CA - MUTCD. Designed a collision diagram, conducted an analysis on the collision history of the intersection, Sight Distance Evaluation and provided a field review of the existing conditions.

New Traffic Signal at Imperial Hwy and Ruth Avenue Intersection | City of Lynwood, CA
Engineering Assistant. Responsible for the design of the traffic signal, striping plans, specifications, and cost estimate for the new traffic signal intersection. This involved using AutoCAD to create the general notes, construction notes, conductor schedule, traffic signal plan and phase diagram for this project.

Pedestrian Hybrid Beacon(HAWK), All - Way Stop Sign and Traffic Signal Warrant Analysis at Santa Fe Avenue and Weber Avenue Intersection | City of Lynwood, CA Engineering Assistant. Responsible for creating the PHB, all - way stop sign, and traffic signal warrant report and verifying the warrant conditions satisfied on the CA - MUTCD. Designed a collision diagram, conducted an analysis on the collision history of the intersection, Sight Distance Evaluation and provided a field review of the existing conditions.

Hamed Habibi, MS (cont.)
Engineering Assistant
202
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 75 Experience
Bill Carr Surveys, Inc. | Anaheim, CA*
CAD Drafter. Anchor bolt sheet preparation. Provided coordinates to locate U.S. Site location. Checked dimensions, scaled and aligned the drawings, changed layer colors and dim to start a new drawing or match previous. Page setup, pdf and plot, export all the cogo pnts data out. Imported all the data into excel spreadsheet, data entry grids, bbp, pattern types info, extract data and processed them into AB Report. Sent to client.

GKC Engineering Corp. | Irwindale, CA*
CAD / System Manager. Drew rough and detailed scale plans using computer - assisted drafting (CAD) equipment and software in the design of foundations, buildings, and structures from start to finish, based on preliminary concepts, sketches, survey points, engineering calculations, specification sheets, and other data, in support of engineering. Prepared professional sheets, drawings, and documents, meeting contractor specifications and compliant with industry standards, legal requirements, municipal codes, and regulations. Developed plans for grading, exterior buildings, parking lots, storm drains, street improvements, and street lighting within the confines of the property; some residential experience. Generated cross section views; edited existing ground profiles and finished ground profiles. Surveyed construction documents from points to drawing. Worked closely with designers and drafters and supported engineering staff to ensure coordination with interior design. Collected and processed information and data for engineering development by researching and obtaining standards / codes required by client and jurisdiction through interaction with necessary personnel to accurately and efficiently develop plans
CAD Operator | CA*
Drew rough and detailed scale plans using computer - assisted drafting (CAD) equipment and software in the design of foundations, buildings, and structures from start to finish, based on preliminary concepts, sketches, engineering calculations, specification sheets, and other data, in support of engineering. Prepared professional sheets, drawings, and documents, meeting contractor specifications and compliant with industry standards, legal requirements, municipal codes, and regulations.

Developed plans for grading, exterior buildings, parking lots, storm drains, street improvements, and street lighting within the confines of the property; some residential experience. Generated cross section views; edited existing ground profiles and finished ground profiles. Worked closely with designers and drafters and support engineering staff. Collected and process information and data for engineering.

Annie Li
CAD Technician
Education
B.S. Electronics, Suzhou Advanced
Electronic College, Suzhou, China
Certifications
Drafting - Computer Aided Technical
Modeling and Animation Certificate,
Pasadena City College
*Experience prior to joining the firm
203
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 76 Shawn Mousavi has seven years of experience in civil engineering as a consultant and designer. His experience includes drafting, designing traffic signal and pedestrian hybrid beacon plans, writing traffic signal warrant and stop sign warrant reports, writing engineering and traffic surveys, preparing parking studies, preparing left - turn studies, developing systemic safety analysis report program (SSARP), analyzing Level of Service (LOS) through Synchro program, creating cost estimates, generating specifications, designing street overlays, creating GIS maps and databases, generating conceptual imagery for exhibits, using PAVER for data analysis of the street networks, preparing pavement management system (PMS) report, and managing and hiring new interns and civil engineering assistants.

Experience
Slauson Avenue Congestion Relief Improvement Project | City of Huntington Park, CA
Engineering Associate. Created traffic signal modification plans for six signalized intersections. Placed video detection equipment, updated cabinets and signal equipment, installed new conduits and conductors, new traffic signal poles at the intersections and prepared specifications and cost estimate.

Traffic Signal Warrant Analysis on Olympic Boulevard and Allston Street / Hereford Drive Intersection | City of Montebello, CA
Supervising Engineer. Responsible for creating the signal warrant report and verifying the warrant conditions satisfied on the CA - MUTCD. Designed a collision diagram, conducted an analysis on the collision history of the intersection and provided a field review of the existing conditions.

Engineering and Traffic Survey | City of Montebello, CA Supervising Engineer. Updated the engineering and traffic survey to determine the posted speed limits throughout the city. Conducted a field investigation, analyzed SWITRS data, created speed survey maps, analyzed the speed and traffic data in accordance with the CVC code, and prepared a final report.

Pavement Management System (PMS) Update Report | City of Montebello, CA Supervising Engineer. Responsible for inspecting and creating an inventory of the conditions within the City of Montebello’s roadway network. Work included generating excel inventory, creating a GIS map and database, preparing a five - year budget to raise the overall pavement condition index within the city, and creating a comprehensive report.

All Way Stop Warrants at 6th Street and West Harding Avenue | City of Montebello, CA
Supervising Engineer. Responsible for creating the all - way stop warrant report and verifying the warrant conditions satisfied on the CA - MUTCD. Designed a collision diagram, conducted an analysis on the collision history of the intersection, and provided a field review of the existing conditions.

Shawn Mousavi, MSCE, PE, QSP / QSD
Associate Engineer
Education
M.S. Civil Engineering, California State
Polytechnic University, Pomona
B.S. Civil Engineering, California State
Polytechnic University, Pomona
Registrations
Professional Civil Engineer:

California (#91696)
QSP / QSD: California (#91696)
*Experience prior to joining the firm
204
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 77 Corridor Traffic Study Along Lincoln Avenue Between Wilcox Avenue and Montebello Boulevard | City of Montebello, CA
Engineering Associate. Prepared a traffic calming report throughout the Lincoln corridor. Analyze the existing peak hour intersection capacity and parking capacity, review three - year collision history and intersection sight distance, evaluate vehicular speeds and calming measures, prepare future capacity analysis with conceptual roundabout design, and determine the future capacity of on - street parking.

All Way Stop Sign Warrant Analysis 4th Street and Mines Avenue | City of Montebello, CA
Engineering Assistant. Responsible for creating the all - way stop warrant report and verifying the warrant conditions satisfied on the CA - MUTCD. Designed a collision diagram, conducted an analysis on the collision history of the intersection and provided a field review of the existing conditions.

HSIP Cycle 7 Project - Various Intersections Improvements | City of Montebello, CA Engineering Assistant. Upgrade the signal hardware and improve signal timing for the three intersections. This included changing the phase diagram to protective - permissive and relocating existing k - rails to improve traffic flow and safety.

Responsible for the design, specification, and cost estimate of the three traffic signal intersections.

Beverly Blvd Street Improvements Project | City of Montebello, CA Engineering Assistant. Responsible for preparing plans, specification, and cost estimates. Specific work included detailed field observations, design of necessary street improvements, implementing AC pavement and sidewalk repairs, updating ramps to become ADA compliant and maximizing use of federal funds.

Arroyo Drive Street Improvements | City of Montebello, CA Engineering Assistant. Responsible for developing street cross section and base map; performed field reconnaissance to inspect and verify surface indications of utilities. IE provided design, project management, bidding of contract, construction management and inspection, as well as federal fund administration for this project that involves removal of existing AC paving and paving of AC pavement and concrete improvement reconstruction, including replacing existing curb and gutter, sidewalk, driveway approaches, access ramps, and adjustment of utility covers, traffic striping, markers, pavement markings and curb painting. The project runs from Arroyo Drive from Astra Drive to Rose Glen Ave.

Shawn Mousavi, MSCE, PE, QSP / QSD (cont.)
Associate Engineer
205
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 78 Arjan Idnani worked on major infrastructure projects and on public works improvement and rehabilitation projects throughout California. His experience includes work on land development projects, capital improvement projects, construction management, project management, and administration. Arjan’s experience also includes street improvement projects, water main line replacements, slurry seal improvements, traffic signal improvements, and sanitary sewer improvements in Cities of Bell Gardens, Montebello, Baldwin Park, South Gate, and South El Monte.

Experience
Construction of SB1 Street Enhancement Project | City of Huntington Park, CA Project Manager. This project consisted of trenching, pipe layout, backfilling, pipe abandonment, pipe lining, demolition of existing improvements, relocation of utilities, construction of concrete improvements like sidewalks, curb and gutters, curb ramps, driveways, cold milling, concrete and asphalt paving, and placement and connection of traffic signal equipment.

Construction of Annual Street Rehabilitation Project Phase 2B | City of Compton, CA
Project Manager. This project consisted of edge milling of existing pavement, 4 in of cold - in - place - recycling (CIR), material testing, 1 - 1 / 2 in to 2 in asphalt rubber hot mix (ARHM) overlay, removal and reconstruction of damaged PCC sidewalks, curbs and gutters, cross gutters, local depressions, driveway approaches, added medians, future irrigation conduit installation, ADA curb ramps; utility adjustments, reconnecting existing curb drains, installation of new water meter, traffic loop replacement, replace traffic signing, thermoplastic striping and pavement markings; and traffic control and other associate elements of work.

Construction of Urban Bicycle Project | City of Lynwood, CA Project Manager. This project included the construction of HMA Bike Path, curb and gutters, curb ramps, retaining walls, concrete swales, concrete box culverts, chain link fence, permeable pavers, installation of removable bollards, gates, main waterline, irrigation, install trees and shrubs, mulch, install single and dual ARM Pedestrian, lighting poles and luminaire, furnish and install way finding and interpretive signs, bicycle racks, fountains, and striping.

Construction of Central Park West | City of Baldwin Park, CA Project Manager. This project included the construction of Irrigation System and Landscaping, security lighting system, improvement of park area, construction of restroom / storage area, installation of storm drain, sewer and domestic water system, construction of playground area and tot lot areas with playground equipment, construction of volleyball and basketball courts and installation of bicycle rack, shade structures, BBQ’s, picnic tables and drinking fountains.

Arjan Idnani, MSCE
Construction Assistant Manager
Education
M.S. Civil Engineering, California State
University, San Jose
B.S. Civil Engineering, California State
Polytechnic University, Pomona
*Experience prior to joining the firm
206
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 79 Civil Engineer | City of South El Monte, CA
Arjan operated as a permitting engineer for the city, issuing building permits and conducting Inspections for permits and off - site improvements for buildings and tract maps. He wrote and reviewed RFPs and provided project management staff reports for City Council meetings. Some projects he was involved with included the pool plaster project (including removal of existing plaster, tiles, and railings and installing new plaster and tiles and railings); skate park construction (including removal of existing curb and gutter, sidewalk, and benches, and construction of curb ant gutter, sidewalk, ramp, drain and trellis); and Farmer Avenue Patch project, which included removal of existing pavement, compacting existing base rock, and installing 4 - in asphalt.

Santa Anita Traffic Signal Modification | City of South El Monte, CA Construction Manager. This project included installation of new traffic signal poles, a new equipment cabinet, and a video camera and removing and replacing access ramps and striping.

Construction Manager | City of Montebello, CA
• Bluff Road Improvements. This project included cold milling existing 2 - in - deep asphalt and installing 2 - in of asphalt overlay along Bluff Road. In addition, construction of new curbs and gutters, sidewalks, and driveways and access ramps were performed as well as installing traffic loops and striping. • Via Compo Improvements. This project included cold milling existing 3 - in - deep asphalt and installing 3 - in of asphalt overlay. Also removed and replaced damaged curbs and gutters, sidewalks, and driveways, and installed traffic loops and striped.
• Beverly Boulevard Improvements. This federally funded project included cold milling existing 3 - in - deep asphalt and installing an overlay of 3 - in of asphalt, removing and replacing damaged curbs and gutters, sidewalk, and driveway, and access ramps; pruned trees, installed traffic loops, raised manholes, striped and constructed bus pads.
• Flotilla Avenue Improvements. This project included replacement of damaged 12 - in clay sewer pipe in several locations as well as cold milling existing 2 - in - deep asphalt and installing an overlay of 2 in of asphalt. Removed and replaced damaged curbs and gutters, sidewalk driveways, and access ramps. Raised manholes, installed traffic loops, and striped.
• Garfield Avenue Improvements. This project included cold milling existing 3 - in - deep asphalt and installing an overlay of 3 in of asphalt, removing, and replacing damaged curbs and gutters, sidewalks, and driveways, and access ramps.

Constructed bus pads, installed traffic loops, and striped.

Arjan Idnani, MSCE (cont.)
Construction Assistant Manager
207
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 80 Most of Nathan Kirby’s career has been spent in service to municipalities in Los Angeles County. He has held positions in which he has been responsible for administrative duties related to public works projects, construction and quality control.

Experience
Complete Street Improvements on Maine Avenue Project | City of Baldwin Park, CA Served as project assistant. Scope of work included removal and replacement of sidewalk, curb and gutter, driveway approach, catch basins, and manholes, rain garden, landscape, new pavement, which included manhole adjusting and streetlight system. Responsible for preparations and / or organization of all construction documents including Contract Change Orders, Meeting Agendas, Progress Payments, Project Budgets, RFI’s, Right of Way Maps, Daily Reports and Weekly Statements.

Garfield Avenue Improvements Project | City of Bell Gardens, CA Served as project assistant. Scope of work included removal and replacement of sidewalk, curb and gutter, traffic loops, regulatory signs, curb ramps, and new pavement, which included manhole and valve adjusting. Responsible for preparations and / or organization of all construction documents including Contract Change Orders, Meeting Agendas, Progress Payments, Project Budgets, RFI’s, Right of Way Maps, Daily Reports and Weekly Statements.

ATP Cycle 2 Uncontrolled Crosswalk Pedestrian Safety Enhancements Improvements Project | City of Huntington Park, CA
Served as project assistant. Scope of work included removal and replacement of traffic signal systems, vehicle and pedestrian heads, cabinets, controllers, pedestrian push buttons, curb and gutter, curb ramps, flashing beacon, HAWK signal, street name signs, traffic striping and tree removal. Responsible for preparations and / or organization of all construction documents including Contract Change Orders, Meeting Agendas, Progress Payments, Project Budgets, RFI’s, Right of Way Maps, Daily Reports and Weekly Statements.

Water Main Replacement Project | City of Huntington Park, CA Served as project assistant. Scope of work included removal and replacement of concrete sidewalk, curb and gutter, driveway approaches, curb ramps, 8 - in and 10 - in water main line, water meters, water service lines, tree pruning, and new pavement, which included manhole and valve adjusting. Responsible for preparations and / or organization of all construction documents including Contract Change Orders, Meeting Agendas, Progress Payments, Project Budgets, RFI’s, Right of Way Maps, Daily Reports and Weekly Statements.

Nathan Kirby
Construction Project Coordinator
Education
Business Administration, Cypress
College, Cypress, CA
*Experience prior to joining the firm
208
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 81 Imad Zureiqat has more than 40 years of experience in construction inspection and resident engineer tasks. He has been responsible for preparation of plans, cross - sections, details, and specifications for various civil and landscape projects. Imad has coordinated with other engineering disciplines, responded to plan check comments, and prepared material, take - off and cost estimates.

Experience
Urban Bicycle Project | City of Lynwood, CA
This project included construction of HMA bike path, curb and gutters, curb ramps, retaining walls, concrete swales, concrete box culverts, chain link fence, permeable pavers, installation of removable bollards, gates, main waterline, irrigation, installation of trees and shrubs, mulch, single and dual ARM Pedestrian, lighting poles and luminaire, furnishing and installing way - finding and interpretive signs, bicycle racks, fountains and striping.

Maine Avenue Improvement Project | City of Baldwin Park, CA Provided construction inspection of this project. The purpose of the project was to create neighborhood - friendly pedestrian and bicycle linkages serving the areas surrounding Maine Avenue. The sidewalks were widened by 2 ft, continuously on each side of the roadway; parking lanes have curb extensions at intersections and intermittent locations. Utilities were placed underground, and the driveway ramps were reconstructed to provide flat sidewalk paths across driveways. Lighting was improved and included pedestrian - scale lighting every 75 ft. Intersections were improved with new crosswalk markings, signal improvements, ADA Ramps, and a roundabout at Main Avenue / Olive Street with safety islands for pedestrians and bicyclists.

Long Beach Boulevard | City of Lynwood, CA
Provided compliance with plans, specifications, and the contract; oversaw traffic control, and provided daily log and inspection report entries, including pictures of the project. Reviewed and reported contractor claims, prepared weekly update reports, and reviewed contractor’s invoices, verified completed work and approved all quantities. IE provided construction management, inspection, and labor compliance that included roadway resurfacing of 192,779 sq. ft. with a section of 2 - in AC top course and 1 - in AC leveling course and 40,000 sq. ft. with a section of 2 - in of asphalt rubber hot mix (ARHM) over 1 / 2 - in SAMI sealant and 1 - in leveling course. Concrete improvements included 4 - in sidewalk, driveway approaches, cross gutters, curb and gutter, curb ramps, installation of 16 detectable warning surfaces on existing curb ramps and construction of six new bus pads.

Imad Zureiqat, EIT
Inspector
Education
M.S. Engineering, Moscow Civil
Engineering Institute
Registrations
Engineer - in - Training (EIT), California
General Building Contractor License
(B)
Certifications
Special Inspector Certificates:

Commercial Building Inspector
Structural Masonry
Reinforced Concrete
Prestressed Concrete Special Inspector
Associate
ACI Field Technician Grade 1
Division of the State Architect (DSA)
Regulations and Procedures (Part I, II,
III)
Languages
English (native / professional
proficiency)
Arabic (native / professional
proficiency)
Russian (elementary proficiency)
*Experience prior to joining the firm
209
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 82 Pacific Pedestrian & Transportation Improvement Project | City of Huntington Park, CA
Provided construction inspection, preparation of daily reports, review of change orders and progress payment requests, coordinated soils testing service and assisted with labor compliance.

Mines Avenue Street Improvements | City of Montebello, CA Construction management and inspection services included construction inspection, preparation of daily reports, review of change orders and progress payment requests, and coordinating soils testing services. The project involved roadway improvements, and pavement rehabilitation with concrete improvements of Frankel Avenue from Bluff Road to 5th Street and 16th Street from Madison Avenue to Harding Avenue.

Home 2 Suites | City of Montebello, CA
Provided construction inspection for this 203 - room, eight - story hotel. The hotel will be owned by the city and operated by Hilton. The hotel is expected to generate more than $1M to the city’s general fund each year.

City Sanitary Sewer System 20% CCTV Project | City of Montebello, CA Responsible for inspection of this project, including preparation of daily reports, review of change orders and progress payment requests. The project involved televising and rating of the condition of 20% of the city’s sanitary sewer system, including possible as - needed cleaning and draining.

Bluff Road Street Improvement | City of Montebello, CA
IE was retained by the city to provide design, project management, bidding, award of contract, construction management and inspection of the Bluff Road Street Improvement project from Sycamore Street to Date Street (.45 mile).

Maple Ave Street Improvements | City of Montebello, CA
Provided construction inspection of this roadway improvement project. IE prepared plans, specifications and estimates for roadway improvements, pavement rehabilitation, concrete improvements, ADA improvements and utility adjustments of Maple Avenue from Washington Boulevard to Mines Avenue. The pavement analysis and alternate rehabilitation strategies included budget analysis to complete as much of the street improvements within the fixed project budget.

Bicknell Park Pump Station Project | City of Montebello, CA IE provided project management, bidding, award of contract, construction management and inspection for the construction phase of Bicknell Park pump station. Imad was responsible for construction inspection, preparation of daily reports, review of change orders and progress payment requests.

Imad Zureiqat, EIT (cont.)
Inspector
210
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 83 Hormoz Vahid has more than 30 years of experience on a wide range of public works projects throughout Southern California. His experience covers both design and field engineering, including site preparation grading and drainage, roadways and streets, water and wastewater systems, utilities, storm water facilities, and construction inspection and administration. As a public works inspector, Hormoz works with the development and construction community to ensure compliance with municipal codes, standards, and specifications. Hormoz’s responsibilities also include research and implementation of new construction techniques and materials, and recommendations for specification changes, when warranted. He provides inspection services on capital improvement projects, subdivision development, and construction permit work. During his three decades of experience, Hormoz has developed comprehensive skills in site supervision, management techniques, report writing, research techniques, budget preparation, and administration. In addition, Hormoz has acquired exceptional knowledge of city, county, and federal laws on the public and private construction process.

Experience
Capital Improvements Projects | City of Montebello, CA
Hormoz has assisted the City of Montebello with various Capital Improvement Projects (CIP) and engineering tasks for over a decade.

Bluff Road Improvements | City of Montebello, CA
As CIP Manager Hormoz’s responsibilities included review of bid proposals, contract agreements, performance and material bonds, issuing addenda, scheduling pre - construction conferences, preparation of change orders, and reviewing certified payroll and billing. Prepared staff reports to be presented to city council. Project construction cost was $200,000, and the project was completed with a savings of $10,000.

Via Campo Street Improvements | City of Montebello, CA
Responsibilities included review of bid proposals, contract agreements, performance and material bonds, issuing addenda, scheduling pre - construction conferences, preparation of change orders, and reviewing certified payroll and billing. Prepared staff reports to be presented to city council. Project construction cost was $303,000, and the project was completed on time, with a savings of $12,000.

Garfield Avenue Improvements | City of Montebello, CA
Responsibilities included monitoring compliance with plans and specifications, attending meetings and preparing daily inspection reports, measuring field quantities, monitoring traffic control, monitoring extra work and assisting in the processing of change orders, and developing a punch list. Project construction cost was $784,000 and the project was completed on time with a savings of $20,000.

Hormoz Vahid
Inspector
Education
B.S. Civil Engineering, Texas A&M
University
Registrations
40 Hr. HAZWOPER, Certificate
(#2401404)
Deputy Inspector #561, City of Irvine
(concrete, steel, masonry, and asphalt)
Moisture Density Nuclear Gauge
Certification - Troxler Laboratories
Final Inspection Orientation
Certificate, California Governor’s Office
of Emergency Services
*Experience prior to joining the firm
211
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 84 Beverly Boulevard Improvements | City of Montebello, CA Responsibilities consisted of inspection of daily construction activities, monitoring compliance with approved plans and specifications, conducting contractor interviews, preparing change orders, verifying quantities, and reviewing billings.

Project construction cost was $418,000; the project was completed on time with savings of $1,500.

Public Works Inspector / Permit Engineer | City of Bell Gardens, CA Under the general supervision of the City Engineer, Hormoz was responsible for processing public works permits and conducting inspections. He was responsible for investigating public works construction - related citizen complaints, reporting observed safety violations to City Risk Manager, and reviewing and verifying a variety of construction documents, such as plans and specifications, permits, and estimates.

He was also tasked with ensuring that all the permits given to construction are in accordance with legal contracts and for maintaining the uniform traffic control devices. Monitored all public complaints regarding construction and resolved them efficiently.

Lotus Consulting Engineers, Inc. | Los Alamitos, CA*
Under supervision of Licensed Land Surveyor, performed site surveying and construction surveying. Performed soils and asphalt testing.

Hormoz Vahid (cont.)
Inspector
212
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 85 Subconsultants Information
Company Name
Dennis Janda, Inc.

Project Function
Land Surveying
Company Address
42164 Remington Avenue
Temecula, CA 92590
Contact Name
Dennis Janda
Contact Information
951.699.8874
Roles and Responsibilities
• Perform topographical.
• Survey for CIP projects.

Company Name
Associated Soils Engineering, Inc.

Project Function
Geotechnical Engineering
Company Address
2860 Walnut Avenue
Signal Hill, CA 90755
Contact Name
Edward C. (Ted) Riddell
Contact Information
562.426.7990
Roles and Responsibilities
• Perform geotechnical and pavement
investigation and recommendations.

Company Name
Infrastructure Architects, Inc.

Project Function
Architectural Services
Company Address
222 S. Harbor Boulevard, Suite 705
Anaheim, CA 92805
Contact Name
Raymond Abassi
Contact Information
714.982.5045
Roles and Responsibilities
• Perform architectural.
• Design support and services.
213
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 86 Dennis Janda, Inc. (DJI) is a private corporation providing land surveying and mapping services and is a Certified Small Business Enterprise in the state of California.

The owners and managers of DJI have worked together for both public and private sectors clients throughout Southern California since 1997.

DJI’s core staff has their roots in the traditional disciplines of land planning, civil engineering, land surveying and mapping mainly working on development and public works projects throughout California. This experience using and participating in the evolution of surveying and mapping practices has helped in our ability to contribute in time and cost saving practices and processes from project conception through the development, to recording. Upon this foundation we added a diverse team of professionals using the best use of equipment and technology to contribute to our client’s specific project goals and schedules. DJI’s staff has been working with municipalities and utility districts providing these services for 25 years.

Experience
On - Call Surveying Services | City of Jurupa Valley, CA Contract City Surveyor. Provided on call Survey Map review and Field Survey Services for the city from February 2013 to present. DJI has also participated in the development of the survey plan check standards and forms. Services included all aspects of survey and mapping including processing review of over 160 Dedications, easements, Lot Line Adjustments, Vacations and Certificates of Compliance, together with the review and process of Tentative Maps, Tract maps and Parcel Maps. DJI also provided field surveys, Including Right of Way and Easement Surveys, Utility Surveys, cross sections surveys, topographic and photogrammetry surveys. Prepare Roadway Dedications, Vacation Packages including signature sheets legal and plats.

On - Call Surveying Services | City of Menifee, CA
Contract City Surveyor. Provided on call Survey Map review and Field Survey Services for the city from February 2010 to present. During that time, DJI has participated in development of the survey plan check standards and forms. Services included all aspects of survey and mapping including processing review of over 500 Dedications, easements, Lot Line Adjustments, Vacations and Certificates of Compliance, together with the review and processing Tentative Maps, Tract Maps and Parcel Maps. DJI also provided field surveys, Including Right of Way and Easement Surveys, Utility Surveys, cross sections surveys, topographic and photogrammetry surveys. Prepare Roadway Dedications, Vacation Packages including signature sheets legal and plats.

On - Call Surveying Services | City of Pomona, CA
Subconsultant to Prime. Provided Survey Services for the city from February 2016 to present. Services included all aspects of survey mapping including processing review of Dedications, easements, Lot Line Adjustments, Vacations and Certificates of Compliance, together with the review and process of Tract maps and Parcel Maps. DJI also researched and locate right of ways and utility easements for the city.

Dennis Janda, PLS
Professional Land Surveyor
Education
Palomar College Surveying
Registrations
Professional Land Surveyor (PLS) :

California (#6359)
Certified Federal Surveyor (CFS):
(#1379)
Certifications
Certificate in GPS Survey
Certificate in AutoCAD
Certificate in ESRI Software
G.I.S. Certificate Program, University of
California, Riverside
G.P .S. Certificate Program, University of
California, Riverside
Associations
California Land Surveyors Association
(CLSA) member
American Congress on Surveying and
Mapping (ACSM) member
214
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 87 Ted Riddell has been the President and Principal Engineering Geologist of ASE since the year 2000. He has over 35 years experience in all phases of geotechnical projects.

Ted manages ASE projects for the public and private sectors including planning, budgeting, geologic mapping, coordinating, conducting and writing preliminary investigations in seismic hazard zones, landslide areas and Alquist Priolo Earthquake Fault Zones. His project management skills include supervision, direction of field personnel and site inspections during grading to final drafting and report writing of projects. As the President of the firm, Ted is responsible for making quick decisions that enable smooth accomplishments of day to day tasks in the field, laboratory and office.

Experience
Beverly Manor Drive | City of Seal Beach, CA
Project Manager / Engineering Geologist for Pavement Rehabilitation / Reconstruction of Beverly Manor Drive, existing pavement evaluation and recommendations for Full Depth Reclamation (FDR), coordinate AC coring and soil borings, analyze laboratory data, preparation of report including evaluation of sub - grade soils, pavement overlays and new pavement sections, followed by management of the operations of the geotechnical personnel (field and Lab) during the reclamation and new pavement overlay for the project.

City Streets | City of Garden Grove, CA
Project Manager / Engineering Geologist for Pavement Rehabilitation / Reconstruction of eight city Streets varying from local residential streets to collectors and arterials, existing pavement evaluation and recommendations for rehabilitation or replacement, visual evaluation of pavements, coordinate AC coring and soil borings, analyze laboratory data, preparation of report including evaluation of sub - grade soils, pavement overlays and new pavement sections.

Commercial / Light Industrial Streets | City of Santa Fe Springs, CA Project Manager / Engineering Geologist for Pavement Rehabilitation / Reconstruction of 10 Commercial / Light Industrial Streets, existing pavement evaluation and recommendations for rehabilitation or replacement, visual evaluation of pavements, coordinate AC coring and soil borings, analyze laboratory data, preparation of report including evaluation of sub - grade soils, options for pavement overlays and / or new pavement sections.

Edward C. (Ted) Riddell, PG, CEG
Engineering Geologist
Education
B.A. University of California, Santa
Barbara
Registrations
Professional Geologist:

California (#5657)
Certifications
Certified Engineering Geologist:

California (#1775)
215
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 88 Lawrence J.D. Chang joined ASE in 2005 and has been the Vice President and Principal Engineer of ASE since the year 2012. He has over 35 years of experience in all phases of geotechnical projects. Lawrence manages ASE projects for the public and private sectors including planning, budgeting, geotechnical investigation, laboratory testing, engineering analysis and design, writing of geotechnical investigation reports for all categories of geotechnical projects, and third party peer review. His project management skills include coordination with project team, supervision and direction of field personnel, site inspection and meeting, and analysis and recommendations of mitigative measures for projects. As the Vice President of the firm, Lawrence is responsible for overseeing daily operations that enable timely and adequate coverage and completion of all tasks in the field, laboratory and office.

Experience
Pavement Rehabilitation / Reconstruction Projects | City of Cerritos, CA Project Manager / Geotechnical Engineer for multiple Pavement Rehabilitation / Reconstruction Projects throughout the city since 2016 that include existing pavement evaluation and recommendations for pavement rehabilitation and re - construction, evaluate AC coring and soil borings, analyze laboratory data, preparation of report including evaluation of sub - grade soils, pavement overlays and new pavement sections, followed by management of the operations of the geotechnical personnel (field and lab and batch plant) during the pavement rehabilitation projects.

Pavement Rehabilitation / Reconstruction Projects / Slurry Seal | City of Garden Grove, CA
Project Manager / Geotechnical Engineer for Pavement Rehabilitation / Reconstruction / Slurry Seal of multiple city streets since 2012 varying from local residential streets to collectors and arterials, existing pavement evaluation and recommendations for rehabilitation, replacement or Full Depth Reclamation (FDR), evaluate AC coring and soil borings, analyze laboratory data, preparation of report including evaluation of sub - grade soils, FDR mix design study, pavement overlays and new pavement sections, followed by management of the operations of the geotechnical personnel (field and lab and batch plant) during the pavement rehabilitation / reconstruction / repair projects.

Pavement Rehabilitation / Reconstruction Projects | City of Lakewood, CA Project Manager / Geotechnical Engineer for Pavement Rehabilitation / Reconstruction of multiple local residential streets, collectors and arterials since 2005, existing pavement evaluation and recommendations for rehabilitation or replacement, visual evaluation of pavements, coordinate AC coring and soil borings, analyze laboratory data, preparation of report including evaluation of sub - grade soils, options for pavement overlays and / or new pavement sections, followed by management of the operations of the geotechnical personnel (field and lab) during the pavement rehabilitation / reconstruction projects.

Lawrence J.D. Chang, PE, GE
Engineering Geologist
Education
PhD Candidate Geotechnical
Engineering, Nanyang Technical
University, Singapore
M.S. Geotechnical Engineering,
University of California, Davis
B.A. Civil Engineering, Chung Yuan
Christian University, Chung - Li, Taiwan
Registrations
Professional Civil Engineer:

California (#67987)
Professional Geotechnical Engineer:

California (#2881)
216
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 89 Pavement Rehabilitation / Reconstruction Projects | City of Hawthorne, CA Project Manager / Geotechnical Engineer for Pavement Rehabilitation / Reconstruction of multiple local residential streets, collectors and arterials since 2010, existing pavement evaluation and recommendations for rehabilitation or replacement, visual evaluation of pavements, coordinate AC coring and soil borings, analyze laboratory data, preparation of report including evaluation of sub - grade soils, options for pavement overlays and / or new pavement sections, followed by management of the operations of the geotechnical personnel (field and lab) during the pavement rehabilitation / reconstruction projects.

Palm Drive Pavement Reconstruction | City of Signal Hill, CA Project Manager / Geotechnical Engineer for Pavement Reconstruction of Palm Drive in 2023, including visual evaluation of pavements, site meetings, mitigative measures assessment and formulation, laboratory testing data analysis, preparation of recommendations, followed by management of the operations of the geotechnical personnel (field and lab) during the pavement reconstruction / repair of the project.

Pavement Rehabilitation / Reconstruction Projects | City of Bellflower, CA Project Manager / Geotechnical Engineer for Pavement Rehabilitation / Reconstruction of multiple local residential streets, collectors and arterials since 2020, existing pavement evaluation and recommendations for rehabilitation or replacement, visual evaluation of pavements, coordinate AC coring and soil borings, analyze laboratory data, preparation of report including evaluation of sub - grade soils, options for pavement overlays and / or new pavement sections, followed by management of the operations of the geotechnical personnel (field and lab) during the pavement rehabilitation / reconstruction projects.

Lawrence J.D. Chang, PE, GE (cont.)
Engineering Geologist
217
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 90 Alex has over 30 years of architectural experience acting on behalf of owners and organizations managing new and remodel projects from project conception to agency review, construction documentation preparation and construction completion. This expertise was developed while working on project types such as residential, commercial, hospitality, liturgical design, retail, health care facilities, institutional projects (K - 12 and higher education). Site planning, and fuel station design. Alex is also bilingual so he can help during community meetings to help with presentation and questions and answers about the project.

Experience
Infrastructure Architects | Anaheim, CA
Project Manager. Manages project schedules and staff. Oversees project budgets and project schedules. Leads teams on conceptual designs, design development and interior design. He has recently been involved with multiple restroom renovation including the Cities of Glendale, Hawaiian Gardens, Adelanto, Bell Gardens, La Puente, Montebello, and other cities.

Greenberg Farrow Architects | Irvine, CA
Associate / Project Manager. Worked on various commercial projects such Panda Express, Honey Birdette, Home Depot, and a broad range of tenant improvements.

Developed construction documents for permitting.

Daniel D. White Architects | Covina, CA
Project Manager for the institutional branch (church design) from Armando Ruiz and Associates. Developed construction documents for permitting.

API Consultants | La Jolla, CA
Project Manager. Institutional (USC campus). Developed construction documents for permitting.

KSP Studio | Lake Forest, CA
Project Manager. Retail projects (Home Depot). Developed construction documents for permitting.

Lundstrom & Associates | Irvine, CA
Project Coordinator / Institutional (USC campus). Developed construction documents for permitting.

Steven Langford Architects, Inc. | Irvine, CA
Project Manager / Project Coordinator for hospitality projects. Developed construction documents for permitting.

Ruhnau Clarke Architects | Riverside, CA
Project Coordinator / Institutional (USD campus). Developed construction documents for permitting.

Alex Serafin
Architectural Director
Education
B.A. Art, California State University,
Fullerton
Certifications
Revit 2021 Certificate
218
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 91 As Senior Project Architect and QA / QC, Mark is responsible for project design, design development, construction document preparation and coordination, and construction administration. Mark is the code expert for all aspects of iARCH projects regardless of occupancy, and has developed internal courses, checklists, and drawing templates for code analysis. As a certified instructor through the California Architects Board, Mark has also written and taught courses for Accessibility Continuing Education Requirements for license renewal for California State Architecture licensure.

Experience
Infrastructure Architects | Anaheim, CA
As the Quality Assurance / Quality Control Manager at iArch, Mark brings over forty years of experience and knowledge to the company. Mark conducts weekly project meetings with IE team members and managers and leads projects for our client cities.

Mark has worked on various types of projects and shares his extensive knowledge with our team.

LPA, Inc. | Irvine, CA
Project Manager. Projects: Murrieta Healthcare Resort. Skilled Nursing Facility, 63,500 sq. ft., two story building ($26M project), Various healthcare projects - construction administration.

Ware Malcomb | El Monte, CA
Project Manager. Projects: Longo Lexus / Toyota Campus remodel - Six buildings, 50,000 sq. ft., ground - up and tenant improvement construction including the new service pavilion building, site upgrades, landscaping, and multiple existing building renovations ($20M project), Huntington Beach medical office building - shell only, Hyland’s Pharmaceutical manufacturing plant - building retrofit, Porsche Experience driving school facility - construction administration.

Northwest Tower and Central Plant, St. Jude Medical Center | Fullerton, CA Project Manager. St. Joseph Health System Fullerton, California. 250,000 sq. ft., four story tower. $300M construction cost. The tower holds 120 - beds, private and semi - private, across four nursing units; 14 operating rooms, including robotic surgical suites; a pre - op / post - op anesthesia care unit; dining; pharmacy, including robotics; sterile processing; physician and staff lounges; and patient and staff healing gardens.

Central Utility Plant. 14,000 sq. ft.

Anderson Medical Pavilion | La Jolla, CA
Project Manager. Scripps Health La Jolla, California, 175,000 sq. ft., seven story tower. $250M construction cost. New construction, outpatient, design - build. The clinic features office and administration space, diagnostic facilities and roughly 15 medical procedure departments.

Mark Dwyer, NCARB
Quality Assurance / Quality Control Manager
Education
B.S. Architecture, California State
Polytechnic University, Pomona
Registrations
California Architects License C 23283
National Council of Architectural
Registration Boards
219
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 92 Mehran Golestan
Senior Designer
Education
B.A. Architecture, Shahid Beheshti
University, Tehran, Iran
Registrations
California Architects License C 23283
National Council of Architectural
Registration Boards
Mehran Golestan is a highly experienced professional with over 35 years of expertise in the field of architecture and interior design. He has an exceptional track record in designing and delivering a wide range of residential, hotels, commercial, and other construction projects.

Throughout his career, he has worked on numerous high - profile projects, including luxury hotels, high - end residential developments, and commercial buildings. He is recognized for his creative approach to design, his attention to detail, and his ability to incorporate the latest technologies into his projects. Mehran is adept at balancing the aesthetic and functional requirements of a project and can manage complex projects with ease. He is committed to delivering projects that exceed his client’s expectations and is highly respected in the industry for his professionalism and dedication. He has extensive experience in overseeing the design and construction of buildings, ensuring that they meet all safety, environmental, and regulatory requirements. From 2011 to 2017 Mehran held the positions of the board of director and lecturer at TAFE, Box Hill Institute, Australia based in Tehran.

Taghe Kasra Residential Complex | 450,000 sq. ft.

Shahr Kord Parisian Hotel | 50,000 sq. ft.

Baku VIP Hotel | 50,000 sq. ft.

Siemens Factory | 200,000 sq. ft.

Safaiye Hotel | 80,000 sq. ft.

Laavan Sport Center | 38,000 sq. ft.

Bahregan Sport and Culture Center | 40,000 sq. ft.

Namak Abrood Residential Complex | 360,000 sq. ft.

Psychophysics Laboratory | 50,000 sq. ft.

ABFA Main Administration Building | 140,000 sq. ft.

Siry Airport Terminal Passenger | 34,000 sq. ft.

Noory University | 220,000 sq. ft.

Ice Tower Mall and Hotel | 220,000 sq. ft.

AOC Trail, Commercial and Hotel | 2,000,000 sq. ft.

Almaty Sports Center | 100,000 sq. ft.
220
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 93 Rosa Anaya
Senior Job Captain
Education
B.A. Architecture, Monterrey Institute
of Technology, Capus Queretaro,
Mexico
Certifications
Interior Design Certificate, University
of California Los Angeles (UCLA)
Rosa is responsible for various tasks in the development of construction documents.

Rosa has over seventeen (17) years of experience and obtained her BA in Architecture.

Rosa is involved in dealing with client’s needs, coordination of the project and consultants. She initiates project research for the development of construction documents.

Experience
Infrastructure Architects | Anaheim, CA
Senior Job Captain. Rosa prepared presentation and construction documents conforming to codes and zoning regulations for new and tenant improvements for commercial, retail, and fast - food projects such as Raising Cane’s, Super Star Car Wash, etc. Coordinated construction drawings with Structural, Electrical, Mechanical, Plumbing and Civil disciplines. Prepared and coordinated city submittal packages for building permits and plan check corrections. Distributed hard copies and electronic drawings to clients and consultants. Conducted site visits and prepared as - built drawings. Assisted Project Architect / Project Manager. Maintained specific and scheduled deadlines for client submittals. Construction administration for Chase Bank projects: RFIs and shop drawings submittals.

Greenberg Farrow | Irvine, CA
Project Captain. Rosa prepared presentation and construction documents conforming to codes and zoning regulations for several commercial, retail, office space, restaurant, and fast - food projects such as Marshalls, 7 - Eleven, Walgreens, Savers, Unisource, Garbanzo Mediterranean Grill, Five Guys, Starbucks, etc. Coordinated construction drawings with Structural, Electrical, Mechanical, Plumbing and Civil disciplines.

Prepared and coordinated city submittal packages for building permits and plan check corrections. Checked and coordinated shop drawings. Distributed hard copies and electronic drawings to clients and consultants. Conducted site visits and prepared as - built drawings. Assisted Project Architect / Project Manager. Maintained specific and scheduled deadlines for client submittals. Space planning and design of fast casual restaurants.
221
06 Readiness to Provide Services
222
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 94 Readiness to Provide Services
IE’s project manager, key task leaders and staff designated to perform City of Lynwood’s On - Call Professional Engineering Services have been involved in various capacities on a number of various engineering, planning building and safety, plan check, and construction management projects. We are very familiar with the urgency and priority of any upcoming agency - funded and other capital improvement projects to be completed in the city. Our staff and other resources can be very quickly assigned to any service needs as soon as a request for service is issued by the city. We have a proven record of completing expeditiously any time - sensitive project assignment, e.g., submittal of PS&E and right - of - way certification packages to Caltrans local assistance department for authorization for construction. Our team is comprised of staff and subconsultants competent in completing every aspect of a typical agency - funded project and they are available immediately to take assignments from the city.
223
07 Agreement to City Contract Terms and Ability to
Obtain Insurance
224
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 95 Agreement to City Contract Terms and Ability to Obtain Insurance
IE has the ability to execute the city’s Professional Services Agreement (Appendix A) for the Project.

IE has the ability to secure insurance that meets the city’s requirements. An example of our insurance is attached below. 07/06/2023
Klein Agency, LLC
P.O. Box 219
Timonium MD 21094
(410)832-7600 (410)832-1849
[email protected]
Infrastructure Engineers, a Bowman Company
3060 Saturn Street
Suite 250
Brea CA 92821
Charter Oak Fire Insurance Co 25615
Travelers Property Casualty Co. of America 25674
Berkley Insurance Company
22-23 Infrastructure Engi
A Contractual Liability 6306J047645 08/31/2022 08/31/2023 1,000,000
1,000,000
10,000
1,000,000
2,000,000
2,000,000
B 8108T020400 08/31/2022 08/31/2023
1,000,000
B CUP6J395074 08/31/2022 08/31/2023
25,000,000
25,000,000
B N UB6J317115 08/31/2022 08/31/2023
1,000,000
1,000,000
1,000,000
C
Primary Professional & Pollution Liab /
Excess Professional & Pollution Liability AEC905795802/V3349C220101 08/31/2022 08/31/2023 Each Claim/Aggregate 5,000,000
Excess Each Claim/Aggr. 5,000,000
Total Limits: 10,000,000
If required by an insured written contract, executed prior to any loss, the certificate holder is an Additional Insured on a primary and non-contributory basis under the General and Auto Liability Policies. If required by an insured written contract, executed prior to any loss, Waiver of Subrogation is provided for General, Auto, and Workers Compensation Policies. Umbrella Policy follows form over General, Auto, and Employer's Liability Policies. 30 day notice of cancellation, 10 day for non-payment.
* Evidence of Coverage *

SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE

THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN ACCORDANCE WITH THE POLICY PROVISIONS.

INSURER(S) AFFORDING COVERAGE
INSURER F :

INSURER E :

INSURER D :

INSURER C :

INSURER B :

INSURER A :

NAIC #
NAME:

CONTACT
(A/C, No):

FAX
E-MAIL
ADDRESS:

PRODUCER
(A/C, No, Ext):

PHONE

INSURED
REVISION NUMBER:CERTIFICATE NUMBER:COVERAGES
IMPORTANT: If the certificate holder is an ADDITIONAL INSURED, the policy(ies) must have ADDITIONAL INSURED provisions or be endorsed.

If SUBROGATION IS WAIVED, subject to the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the certificate holder in lieu of such endorsement(s).

THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS

CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.

OTHER:
(Per accident)
(Ea accident)
$
$
N / A
SUBR
WVD
ADDL
INSD

THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS

CERTIFICATE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS. $
$
$
$PROPERTY DAMAGE
BODILY INJURY (Per accident)
BODILY INJURY (Per person)

COMBINED SINGLE LIMIT

AUTOS ONLY

AUTOSAUTOS ONLY

NON-OWNED

SCHEDULEDOWNED

ANY AUTO

AUTOMOBILE LIABILITY
Y / N

WORKERS COMPENSATION

AND EMPLOYERS' LIABILITY
OFFICER/MEMBER EXCLUDED?
(Mandatory in NH)
DESCRIPTION OF OPERATIONS below
If yes, describe under

ANY PROPRIETOR/PARTNER/EXECUTIVE
$
$
$
E.L. DISEASE - POLICY LIMIT
E.L. DISEASE - EA EMPLOYEE
E.L. EACH ACCIDENT
ER
OTH-

STATUTE
PER

LIMITS(MM/DD/YYYY)

POLICY EXP
(MM/DD/YYYY)

POLICY EFF

POLICY NUMBERTYPE OF INSURANCELTR
INSR
DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES (ACORD 101, Additional Remarks Schedule, may be attached if more space is required)

EXCESS LIAB
UMBRELLA LIAB $EACH OCCURRENCE
$AGGREGATE
$
OCCUR

CLAIMS-MADE
DED RETENTION $
$PRODUCTS - COMP/OP AGG
$GENERAL AGGREGATE
$PERSONAL & ADV INJURY
$MED EXP (Any one person)
$EACH OCCURRENCE

DAMAGE TO RENTED
$PREMISES (Ea occurrence)

COMMERCIAL GENERAL LIABILITY

CLAIMS-MADE OCCUR
GEN'L AGGREGATE LIMIT APPLIES PER:

POLICY PRO-

JECT LOC

CERTIFICATE OF LIABILITY INSURANCE

DATE (MM/DD/YYYY)

CANCELLATION

CERTIFICATE HOLDER
The ACORD name and logo are registered marks of ACORD
HIRED

AUTOS ONLY
225
08 Legal Issues
226
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 96 Legal Issues
Neither IE nor any of its proposed subconsultants have past or pending litigation or claims filed against our firms, our principals or any of our key consultants, related to services performed for public agencies, or in actions that may affect performance under a contract with the city.

We have no litigation history (including open or pending matters) for the last five years. 227
09 Disclosures
228
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 97 Disclosures
Neither IE nor any of its proposed subconsultants nor any principals of the firms have been, or currently are, the subject of any investigation by the county, state and / or federal agencies within the past five years. 229
10 Additional Statements
230
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 98 Additional Statements
IE shall adhere to all federal laws, state, and local laws and regulations.

IE shall allow authorized federal, state, county, and the city’s official’s access to place of work, books, documents, papers, fiscal, payroll materials, and other relevant contract records pertinent to the project. All relevant records shall be retained for at least three years.

IE will not discriminate against any employee or applicant for employment because of race, color, religion, sex or national origin.

IE shall comply with the California Labor Code. Pursuant to said regulations entitled: Federal Labor Standards provisions; Federal Prevailing Wage Decision; and State of California Prevailing Wage Rates, respectively. 231
11 Fee Proposal
232
Infrastructure Engineers, a Bowman company | Professional Civil Engineering On-Call Services | November 13, 2023 99 Fee Proposal
CCoommmmuunniittyy DDeevveellooppmmeenntt——
EEnnvviirroonnmmeennttaall && PPllaannnniinngg
DDiirreeccttoorr $$119955
DDeevveellooppmmeenntt SSeerrvviicceess MMaannaaggeerr $$118899 PPrroojjeecctt MMaannaaggeerr $$117733
PPllaannnniinngg MMaannaaggeerr $$116677
PPrriinncciippaall PPllaannnneerr $$116633
SSeenniioorr PPllaannnneerr $$115533
AAssssoocciiaattee PPllaannnneerr $$113399
AAssssiissttaanntt PPllaannnneerr $$112299
PPllaannnniinngg TTeecchhnniicciiaann $$9988
CCEEQQAA//NNEEPPAA SSppeecciiaalliisstt $$117755
EEnnvviirroonnmmeennttaall SSppeecciiaalliisstt $$117700 SSeenniioorr EEnnvviirroonnmmeennttaall PPllaannnneerr $$116655 EEnnvviirroonnmmeennttaall PPllaannnneerr IIII $$115555 EEnnvviirroonnmmeennttaall PPllaannnneerr II $$114444 EEnnvviirroonnmmeennttaall TTeecchhnniicciiaann $$ 110000 MMuunniicciippaall EEnnggiinneeeerriinngg SSuuppppoorrtt IInntteerriimm CCiittyy MMaannaaggeerr $$222200
AAssssiissttaanntt//DDeeppuuttyy CCiittyy MMaannaaggeerr $$119977 CCiittyy EEnnggiinneeeerr $$117788
CCiittyy TTrraafffificc EEnnggiinneeeerr $$116699
DDeeppuuttyy CCiittyy EEnnggiinneeeerr $$116699
DDeeppuuttyy CCiittyy TTrraafffificc EEnnggiinneeeerr $$116611 PPllaann CChheecckk EEnnggiinneeeerr $$117788
PPllaann EExxaammiinneerr $$115555
CCIIPP MMaannaaggeerr $$117788
AAssssoocciiaattee EEnnggiinneeeerr $$114499
EEnnggiinneeeerriinngg AAssssoocciiaattee $$114422
EEnnggiinneeeerriinngg AAssssiissttaanntt $$111188
EEnnggiinneeeerriinngg TTeecchhnniicciiaann $$110066
BBuuiillddiinngg && SSaaffeettyy
BBuuiillddiinngg OOfffificciiaall $$117755
PPllaann CChheecckk EEnnggiinneeeerr $$116655
LLaannddssccaappee PPllaann CChheecckkeerr $$116622
SSeenniioorr CCeerrttiififieedd AAcccceessss SSppeecciiaalliisstt $$116655 CCeerrttiififieedd AAcccceessss SSppeecciiaalliisstt $$115555 PPllaannss EExxaammiinneerr $$114455
CCooddee EEnnffoorrcceemmeenntt MMaannaaggeerr $$114455 CCooddee EEnnffoorrcceemmeenntt OOfffificceerr $$112277 SSeenniioorr BBuuiillddiinngg IInnssppeeccttoorr $$112277 BBuuiillddiinngg IInnssppeeccttoorr $$112200
GGrraaddiinngg IInnssppeeccttoorr $$112200
CCoouunntteerr TTeecchhnniicciiaann $$110055
2022-2023 HOURLY RATE SCHEDULE
(effective March 1, 2022)
Additional billing classifications may be added to the above list throughout the year as new positions are created. The above schedule is for straight time. Overtime will be charged at 1.5 times. Sundays and Holidays are charged at 2.0 times the standard time. Deposition and court appearances will be charged at 1.5 times the listed billing rates.

Hourly rates and the retainer fees are subject to increases at the annual Consumer Price Index for All Urban Consumers (CPI-U), Los Angeles County area increase rates or a 5% increase, whichever is greater, effective July 1, 2024, and all subsequent years. We will inform the city of the rate increase by April of each succeeding year. 3060 Saturn Street, Suite 250 ⚫ Brea, CA 92821 ⚫ Tel: (714) 940-0100 ⚫ Fax: (714) 940-0700 ⚫ www.infrastructure-engineers.com PPrriinncciippaall iinn CChhaarrggee $$223388
CCiivviill EEnnggiinneeeerriinngg//TTrraafffificc EEnnggiinneeeerriinngg PPrroojjeecctt MMaannaaggeerr $$118855
PPrriinncciippaall EEnnggiinneeeerr $$118800
SSeenniioorr EEnnggiinneeeerr $$117700
SSeenniioorr PPllaann CChheecckk EEnnggiinneeeerr $$117755 PPllaann CChheecckk EEnnggiinneeeerr $$116655
AAssssoocciiaattee EEnnggiinneeeerr $$115555
AAssssiissttaanntt EEnnggiinneeeerr $$114455
EEnnggiinneeeerriinngg AAssssoocciiaattee $$113355
EEnnggiinneeeerriinngg AAssssiissttaanntt $$111155
GGIISS AAnnaallyysstt $$115500
CCAADD MMaannaaggeerr $$113355
CCAADD DDeessiiggnneerr $$111100
CCAADD TTeecchhnniicciiaann $$110000
EEnnggiinneeeerriinngg TTeecchhnniicciiaann $$110055
PPrriinncciippaall TTrraafffificc EEnnggiinneeeerr $$118855 SSeenniioorr TTrraafffificc EEnnggiinneeeerr $$117700 TTrraafffificc EEnnggiinneeeerr $$115500
WWaatteerr//WWaasstteewwaatteerr//NNPPDDEESS
SSeenniioorr WWaatteerr EEnnggiinneeeerr $$116677
WWaatteerr EEnnggiinneeeerr $$115588
PPrrooggrraamm MMaannaaggeerr ((NNPPDDEESS)) $$116688 IInnssppeeccttoorr ((NNPPDDEESS)) $$111100
EEnnvviirroonnmmeennttaall SScciieennttiisstt $$110055 SSuurrvveeyyiinngg
PPrroojjeecctt MMaannaaggeerr $$118855
PPllaann CChheecckkeerr $$116622
((SSuubbddiivviissiioonn && SSuurrvveeyy DDooccuummeenntt)) SSuurrvveeyy AAnnaallyysstt $$115500
SSuurrvveeyy CCrreeww ((22--mmaann)) $$223366
SSuurrvveeyy CCrreeww $$227788
((22--mmaann,, pprreevvaaiilliinngg wwaaggeess))
CCoonnssttrruuccttiioonn MMaannaaggeemmeenntt
CCoonnssttrruuccttiioonn MMaannaaggeerr $$118888
RReessiiddeenntt EEnnggiinneeeerr $$118888
SScchheedduulleerr//CCoonnttrroolllleerr $$116633
UUttiilliittiieess CCoooorrddiinnaattoorr $$113388
SSeenniioorr PPWW OObbsseerrvveerr//IInnssppeeccttoorr $$113300 SSeenniioorr PPWW OObbsseerrvveerr//IInnssppeeccttoorr $$119911 ((pprreevvaaiilliinngg wwaaggeess))
PPWW OObbsseerrvveerr//IInnssppeeccttoorr $$111133
PPWW OObbsseerrvveerr//IInnssppeeccttoorr $$115599
((pprreevvaaiilliinngg wwaaggeess))
FFiirree PPrreevveennttiioonn
FFiirree MMaarrsshhaall $$116655
FFiirree IInnvveessttiiggaattoorr $$115544
FFiirree PPllaannss EExxaammiinneerr $$114433
SSeenniioorr FFiirree IInnssppeeccttoorr $$113388
FFiirree IInnssppeeccttoorr $$112200
CCoouunntteerr TTeecchhnniicciiaann $$9933
AArrcchhiitteeccttuurraall SSeerrvviicceess
DDiirreeccttoorr $$220000
SSttuuddiioo MMaannaaggeerr $$118844
SSeenniioorr PPrroojjeecctt MMaannaaggeerr// $$117766 SSeenniioorr AArrcchhiitteecctt
PPrroojjeecctt MMaannaaggeerr//PPrroojjeecctt AArrcchhiitteecctt $$115555 SSeenniioorr JJoobb CCaappttaaiinn $$112266
JJoobb CCaappttaaiinn $$110055
DDrraafftteerr $$9900
PPrrooggrraamm MMaannaaggeemmeenntt//PPuubblliicc OOuuttrreeaacchh PPrrooggrraamm DDiirreeccttoorr $$118844
WWeebb DDeessiiggnneerr $$115500
MMeeddiiaa SSppeecciiaalliisstt $$114455
PPrrooggrraamm CCoooorrddiinnaattoorr $$113355
PPhhoottooggrraapphheerr $$112288
OOuuttrreeaacchh SSppeecciiaalliisstt $$112255
IInntteerrpprreetteerr//TTrraannssllaattoorr $$112255
PPrroodduuccttiioonn AAssssiissttaanntt $$8855
FFuunndd AAddmmiinniissttrraattoorr $$113388
LLaabboorr CCoommpplliiaannccee CCoooorrddiinnaattoorr $$110055 AAddmmiinniissttrraattiivvee && CClleerriiccaall SSeerrvviicceess OOrrggaanniizzeerr//SSuuppeerrvviissoorr $$110088
AAddmmiinniissttrraattiivvee AAssssiissttaanntt $$9900 CClleerrkk TTyyppiisstt $$8800
OOtthheerr CChhaarrggeess
DDeelliivveerryy $$111100
MMiilleeaaggee ((CCuurrrreenntt ffeeddeerraall gguuiiddeelliinnee rraattee @@ ttiimmee ooff bbiilllliinngg))//MMiillee TTrraavveell CCoosstt ++ 1155%%
RReeiimmbbuurrsseemmeennttss CCoosstt ++ 1155%%
City of Lynwood
233
1 RESOLUTION NO.

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

THE FIRST AMENDMENT TO THE ON-CALL SERVICES AGREEMENT WITH BOWMAN

INFRASTRUCTURE ENGINEERS FOR ON CALL PROFESSIONAL ARCHITECTURAL SERVICES; AUTHORIZING THE MAYOR TO EXECUTE THE FIRST AMENDMENT WHEREAS, on October 11, 2023, a Request for Qualifications (“RFQ”) was posted on the City’s website “Planetbids” for On Call Services; and WHEREAS, on December 19, 2023, the City Council awarded a contract to Bowman Infrastructure Engineers (IE) for On-Call General Engineering services; and WHEREAS, after further review, staff determined that an additional consultant for On-Call architectural services was needed; and
WHEREAS, staff is recommending to City Council to move forward with IE for architectural services; and
WHEREAS, IE had submitted a proposal for architectural services during the RFP submittal deadline; and
WHEREAS, IE has shown the experience in working with architectural services in their proposal and have experience working with the City; and WHEREAS, the compensation for the consultant will be paid based on the consultant’s fee proposal from various Fiscal Years 2024-2026 accounts.

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 substantive part of this Resolution.

Section 2. The City Council of the City of Lynwood authorizes the Mayor to execute the First Amendment to the existing on-call services agreement between the City of Lynwood and Bowman Infrastructure Engineers, in a form approved by the City Attorney.

Section 3. Authorize the Mayor to execute the Resolution for and on behalf of the City of Lynwood.

Section 4. This Resolution shall take effect immediately upon its adoption.

Section 5. The City Clerk shall certify as to the adoption of this Resolution and 234
1 hereafter the same shall be in full force and effect. (Signatures on next page)
235
3 PASSED, APPROVED and ADOPTED this 20th day of February 2024.

José Luis Solache
Mayor
ATTEST:

Maria Quinonez
City Clerk
APPROVED AS TO FORM: APPROVED AS TO CONTENT:

Noel Tapia Ernie Hernandez
City Attorney City Manager
Julian Lee
Director of Public Works
236
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 20th day of February 2024, and passed by the following votes:

AYES:

NOES:

ABSTAIN:

ABSENT:

Maria Quinonez, City Clerk

STATE OF CALIFORNIA )
)

Maria Quinonez, City Clerk
237

AGENDA STAFF REPORT

DATE:

February 20, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Ernie Hernandez, City Manager
PREPARED BY:

Julian Lee, Director of Public Works
SUBJECT:

APPROVE DMC ENGINEERING TO PROVIDE UTILITY ENGINEERING

SERVICES FOR VARIOUS WATER AND SEWER PROJECTS FOR FY
23-24
Agenda Item # 8.7.

Recommendation:

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

ENGINEERING TO PROVIDE UTILITY ENGINEERING SERVICES FOR VARIOUS WATER AND SEWER PROJECTS FOR FY 23-24 IN THE ADDITIONAL AMOUNT OF $50,000 FOR A TOTAL NOT TO EXCEED AMOUNT OF $100,000.”
Background:

On June 20, 2023, the City Council adopted the City’s Biennial Budget for Fiscal Years (FY) 2023-2025, which includes the combined Capital Improvement Program (CIP) for FY 2023-24 and total approved funding of $16.09 million for Water and Sewer related projects.

The Five-Year CIP addresses the City’s infrastructure needs over a planning horizon of five years. Projects proposed in subsequent years will be used for planning purposes only. Budget approvals will be granted to projects included in the Biennial Adopted Budget or as amended by the City Council on a project-by-project basis throughout the year.

City Council City Council Regular Meeting 238
Discussion and Analysis:

On December 5, 2023, the City Council approved selected consultants for On-Call Professional Engineering Services. DMc Engineering was selected to provide Utility Engineering Support Services on an as-needed basis to the City of Lynwood’s Public Works Department. These services are an essential part in maintaining the City’s workflow for day-to- day operations and CIP planning, coordination, and construction related to the City’s water and sewer system and reports to the Director of Public Works.

DMc Engineering has decades of experience in managing variety of public improvement projects. Moreover, DMc’s specific expertise in underground utilities such as water and sewer facilities will be of value as most street improvement projects will encounter aged or aging underground infrastructure.

DMc Engineering is currently working under a $50,000 contract. Additional support is needed for CIP projects centered on water infrastructure, including the following projects:

4011.67.056
Ham Park Reservoir & Booster Station - Design
4011.67.928
Water Division Office Improvement
4011.68.048
Well #9 Rehabilitation
4011.68.065
Long Beach Blvd Water Abandonment
4011.68.067
Well #8 Facility Upgrade
4011.68.099
Long Beach Blvd Meter Relocation
4011.68.102
Well #5 Treatment System - Profile
4011.68.108
Well #11 Site Improvements - Design
4011.68.135
AMI Meter Installation - FY24 (small)

Approval to award an additional $50,000 to DMc Engineering for a total not to exceed amount of $100,000 is needed. In accordance with the City's purchasing policy, City Council approval is necessary.

Fiscal Impact:

There will be no additional cost to the general fund. The funding for these services will come from the Water Fund Account 6051.45.450.62015 and the associated CIP Professional Services Fund 62015.

City Council City Council Regular Meeting 239
02-20-2024 DMc Engineering Suport (Resolution) - PWD.docx Coordinated With:

City Manager’s Office
Department of Finance
ATTACHMENTS:

Description
City Council City Council Regular Meeting 240
RESOLUTION NO.__________

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD APPROVING DMc ENGINEERING TO PROVIDE UTILITY ENGINEERNG SERVICES FOR VARIOUS WATER AND SEWER PROJECTS FOR FY 23-24 IN THE ADDITIONAL AMOUNT OF $50,000 FOR A TOTAL NOT TO EXCEED AMOUNT OF $100,000.

WHEREAS, on June 20, 2023, the City Council adopted the City’s Biennial Budget for Fiscal Years 2023-2025 which included the combined Capital Improvement Program (CIP) for FY 2023-24 and total approved funding of $16.09 million for Water and Sewer related projects; and
WHEREAS, The Five-Year CIP addresses the City’s infrastructure needs over a planning horizon of five years. Projects proposed in subsequent years will be used for planning purposes only. Budget approvals will be granted to projects included in the Biennial Adopted Budget or as amended by the City Council on a project-by-project basis throughout the year. and
WHEREAS, on December 05, 2023, the City Council approved selected consultants for On-Call Professional Engineering Services including DMc Engineering to provide Utility Engineering Support Services to the City of Lynwood’s Public Works Department; and
WHEREAS, these services are an essential part in maintaining the City’s workflow for day-to-day operations and CIP planning, coordination, and construction related to the City’s water and sewer system and reports to the Director of Public Works to coordinate efforts and receive direction; and
WHEREAS, staff requested DMc Engineering to provide assistance on various water and sewer projects; and
WHEREAS, DMc Engineering can provide these services for the amount of $50,000; and
WHEREAS, funding for these services will come from the Water Fund Account 6051.45.450.62015 and the associated CIP Professional Services Fund 62015. There will be no additional cost to the general fund.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, PROCLAIM, ORDER, AND RESOLVE AS FOLLOWS:
241
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 substantive part of this resolution.

Section 2. That the City Council approves the proposal provided by DMc Engineering for an additional amount of $50,000 for a total not to exceed amount of $100,000.

Section 3. Authorize the Mayor to execute the Resolution for and on behalf of the City of Lynwood.

Section 4. This resolution shall take effect immediately upon its adoption.

Section 5. The City Clerk shall certify to the adoption of this resolution and hereafter the same shall be in full force and effect.

PASSED, APPROVED and ADOPTED this 20th day of February, 2024. ______________________________
José Luis Solache
Mayor
ATTEST:
___________________________
María Quiñónez
City Clerk
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
__________________________ ______________________________ Noel Tapia Ernie Hernandez
City Attorney City Manage
Julian Lee
Director of Public Works
242
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 20th day of February 2024, and passed by the following votes:

AYES:

NOES:

ABSTAIN:

ABSENT:
________________________
Maria Quiñónez, 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 20th day of February 2024.
_______________________________
Maria Quiñónez, City Clerk
243

AGENDA STAFF REPORT

DATE:

February 20, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Ernie Hernandez, City Manager
PREPARED BY:

Julian Lee, Director of Public Works
SUBJECT:

AWARD OF CONTRACT TO CALIFORNIA STREET LIGHTING FOR THE

INSTALLATION OF SIXTEEN NEW LED STREET NAME SIGNS AS PART

OF THE ANNUAL STREET NAME SIGN REPLACEMENT PROJECT (CIP NO. 4011.68.137)
Agenda Item # 9.1.

Recommendation:

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

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

CONTRACT TO CALIFORNIA STREET LIGHTING FOR THE INSTALLATION OF SIXTEEN

NEW LED STREET NAME SIGNS AT FOUR STREET INTERSECTIONS AS PART OF THE ANNUAL STREET NAME SIGN REPLACEMENT PROJECT (CIP NO. 4011.68.137),

AUTHORIZING THE CITY MANAGER TO APPROVE AGREEMENT AMENDMENTS

RELATED TO THE PROJECT AND AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENT.”
Background:

As part of the City’s Fiscal Year (FY) 2023-24 Capital Improvement Program (CIP) project list, the City will be replacing sixteen (16) existing street name signs with new light-emitting diode (LED) street name signs at four (4) street intersections. The new LED street name signs will have the City logo and white letters for the street name over a blue background and will illuminate during night time. The City has purchased the sixteen (16) newly fabricated LED street name signs with their mounting hardware. Due to daily operations and maintenance within the city, city staff is unable to schedule the installation of the signs within a reasonable period of time. Therefore, the City requires a licensed vendor to do the installation.

City Council City Council Regular Meeting 244
Discussion and Analysis:

The project consists of but is not limited to the removal and transport of existing street name signs, and the installation of newly fabricated LED street name signs at four designated street intersections.

Project Limit:

The new LED street name signs will be installed at the following four (4) locations:

Atlantic Avenue & Martin Luther King Jr. Boulevard
Bullis Road & Martin Luther King Jr. Boulevard
Imperial Highway & Martin Luther King Jr. Boulevard
Long Beach Boulevard & Imperial Highway

On December 21, 2023, staff sent a Request for Q
uote for the installation of the new LED
street name signs via email to four vendors. One contractor did not respond, two contractors responded via email and by phone to express their interest in the project and to ask questions, but did not submit a quote. Only one contractor, California Street Lighting submitted a quote for the project.

Bidders
Response
Bid
Amount

1. Bravo Sign & Design, Inc.

No response.
---

2. California Street Lighting
Submitted bid.
$28,800.00

3. PTM Engineering
Responded by phone,
didn’t submit
bid.
---
4 316 Engineering &
Construction
Responded by email, didn’t
submit bit.
---

Staff has reviewed the proposer’s fee schedule, license, and required documents. Upon review, staff determined that California Street Lighting has the necessary experience and the contractor’s license for this type of project. The City of Lynwood has a current contract with California Street Lighting for routine maintenance and repairs throughout the city for the amount of $164,650.00.

City Council City Council Regular Meeting 245
Per LMC 6-3.10 City Manager Authority, The City Manager is authorized to sign on behalf of the City for all purchase orders or contracts for any vendor which do not exceed $50,000 in any one-year period. Since the vendor “California Street Lighting” has exceeded the City Manager’s authority in contractual services with the City for FY 2023-24, Staff is requesting that City Council award the contract to California Street Lighting in the amount of $28,800.00.

Project Budget

The tables below show the proposed construction costs and budget for this project:

Construction Cost
$28,800.00
Contingency
$1,000.00
Labor Compliance and other related cost (5%)
$1,489.25
Project Management (7%)
$2,016.00
Purchase of LED Street Name Signs
$46,194.75
Total Estimated Construction Cost
$79,500.00

Project Budget
General Funds (1011)
$40,000.00
Measure M (2350)
$41,000.00
Total FY 23-24 Approved Budget
$81,000.00
Fiscal Impact:

The City’s adopted FY 23-24 CIP budget for this project is $81,000 from General Funds and Measure M. The total contract amount with California Street Lighting for the installation of the sixteen (16) LED street name signs is $28,800. The total construction cost for the sixteen (16) LED street name signs is estimated at $79,500.00. Therefore, no additional appropriation is needed to deliver this project.

Coordinated With:

City Manager’s Office
City Council City Council Regular Meeting 246
02-20-2024 Street Name Sign Award Attachment - Agreement.pdf 02-20-2024 Street Name Sign Award Attachment - CA Lighting Quotation.pdf 02-20-2024 Street Name Sign Award (Resolution) - PWD.docx Department of Finance and Administration Services
ATTACHMENTS:

Description
City Council City Council Regular Meeting 247

City of Lynwood Purchase Order Terms and Conditions
(Procurement of Services)

City of Lynwood Purchase Order Terms and Conditions

1. Purchase of Services. The City of Lynwood (the “City”) has determined that it requires services for the installation of sixteen (16) LED street name sig ns at four (4) street intersections from California Street Lighting (the “Vendor”) and Vendor represents that it is fully qualified to perform the service described in Section 2 – Scope of Services by virtue of its experience and the training, education , and expertise of its pr incipals and employees. The execution of this Agreement by the City of Lynwood (“City”) : (a) constitutes acceptance of the Vendor’s offer on the terms and conditions stated in the Purchase Order, these Terms and Conditions, and all other accompanying documents or attachments referenced and incorporated in this document (the “Agreement”), and (b) forms a contract between the undersigned vendor (the “Vendor”) . Vendor agrees that the only terms and conditions that are applicab le to this Agreement are those issued by the City and no other terms and conditions shall be binding upon the Parties. Any
additional or different terms or conditions offered by the Vendor are hereby rejected. If a court of competent
jurisdiction holds any part of tthis Agreement invalid, the balance shall retain its full force and effect. This
Agreement, these Terms and Conditions and any
additional documents, exhibits or attachments
incorporated by reference set forth the entire agreement between Vendor and City.

2. Scope of Services . The Vendor shall complete the
work as approved by the Director of Public Works of the City of Lynwood (Director) as more particularly described in the scope of services and compensation attached hereto as Attachment A (“Scope of Services”). Compensation
set forth in the Scope of Services includes all labor,
materials, out -of-pocket costs, taxes, and incidental
expenses reasonably incurred by Vendor that are
reasonably associated with the provision of the services described in the Scope of Services.

3. Compensation; Not-to-Exceed Amount. This
Agreement shall not exceed the payment of $28,800.00 for the services described in the Scope of Service. Any
payments exceeding the not-to-exceed amount may not be
paid unless approved by the Director in writing or the by the City Council, if the amount exceeds $50,000.

4. Term of Agreement . This Agreement shall become
effective when signed by both parties (the “Effective Date”) and will terminate on the earlier of: (a) the date Vendor completes the services required under this Agreement, or (b) Twelve (12) months after the Effective Date. The City may at its sole discretion extend the term of this Agreement in writing for an additional three (3) months.

5. Acknowledgment. Vendor acknowledges that it has
received all applicable plans, specifications, descriptions, drawings, data, and all additional documents, exhibits or attachments to which reference is made in this Agreement and in all other accompanying documents or attachments
referenced therein. Vendor further acknowledges that the plans, specifications, descriptions, drawings, data, and other documents are adequate to enable Vendor to
determine fairly its ability to procure the items ordered, and/or to perform the work or services specified, in this Agreement, at the price and in accordance with the
specified delivery date(s) and/or performance schedule(s) set forth therein. Vendor represents and warrants that it now has, or it can readily procure without the City's
assistance, all the items, facilities, and/or labor necessary for performing this Agreement.

6. Assignment. Vendor shall not delegate or subcontract any of the duties or obligations or assign any rights or claims under the this Agreement without City’s prior written consent.

7. Backorders & Product Substitution. To the extent that a specific product or products is required to be supplied under the Scope of Services, Vendor shall not backorder any item without first requesting authorization from the City, nor make any product substitution without prior
written authorization from the the City.

8. Changes to Scope of Services . It is mutually
understood and agreed that no changes, alteration, or
variation to the Scope of Services shall be valid unless made in writing and signed by the City, and that no oral understandings or agreements not incorporated therein,
and no changes, alterations, or variations of the terms thereof unless made in writing between the parties, shall be binding. The City shall not compensate Vendor for
work, services, and /or costs and materials not authorized by in writing by the City . The City shall have the right to revoke, amend, or modify the foregoing Agreement at any time by issuance of a written Change Order. Vendor’s
failure to respond within ten (10) days to a written Change Order shall constitute Vendor’s acceptance of the change without price or other adjustment.

9. Compliance with Laws. The provision of services
under this Agreement shall comply with all current federal, state, and local laws and regulations relative thereto, including but not limited by those set forth by the California Occupational Safety and Health Act (Cal -OSHA). Vendor
further agrees to indemnify, defend and hold the City
harmless for any failure to so conform. If applicable, in connection with the specified services under this
Agreement, Vendor shall comply with the Occupational
Safety and Health Act’s hazardous communications
standard and PROVIDE COPIES OF APPLICABLE

MATERIAL SAFETY DATA SHEETS (MSDS) AT THE
TIME OF DELIVERY OF SERVICES OR GOODS.

10. Conflict of Interest. Vendor represents and warrants that no officer or employee of Vendor is currently a council member, officer, or employee of the City, or a member of its boards, commissions, or committees, except to the
extent permitted by law. Vendor further represents and
warrants that no council member, officer, or employee of City has, or shall have, any direct or indirect financial interest in this Agreement.

11. Default by Vendor/Breach of Contract. The City
reserves the right to terminate this Agreement at any time, any or all items not delivered as directed and within the time specified under this Agreement. In case of default by Vendor, the City may procure services from any source
available and may charge the difference between the price named in the Scope of Services and the actual cost thereof to the Vendor. Prices paid by the City shall be considered the prevailing market price at the time such purchase is made.
248

City of Lynwood Purchase Order Terms and Conditions
(Procurement of Services)

City of Lynwood Purchase Order Terms and Conditions

12. Delivery/Performance - Time is of the Essence.

Time is of the essence in this Agreement and failure to deliver services specified under this Agreement shall be a material breach of this Agreement. If Vendor cannot deliver goods and or render services within the time specified on the Scope of Services, Vendor shall promptly notify City of the earliest possible date for del ivery/performance.

Notwithstanding such notice, City may terminate this
Agreement or any part thereof without liability except for services previously rendered and/or goods previously
delivered and accepted. City’s receipt or acceptance of all or part of a nonconforming delivery shall not constitute a waiver of any claim, right or remedy City has under this contract or applicable law.

13. Force Majeure. “Force Majeure” herein means an
event which is beyond the reasonable control of a Party, including without limitation, (a) acts of God including flood, fire, earthquake, hurricane or explosion, pandemic; (b) war, invasion, hostilities (whether war is declared or not), terrorist threats or acts, riot or other civil unrest; (c) government order or law that pre vents either Party from performing its obligations as set forth in this Agreement; (d) actions, embargoes or blockades in effect on or after the date of this Agreement; (e) action by any governmental authority that prevents either Party from performing its obligations as set forth in this Agreement; (f) national or regional emergency; (g) strikes, labor stoppages or
slowdowns or other industrial disturbances, other than
those involving the affected parties employees; (h)
shortage of adequate power or transp ortation
facilities. Neither Party shall be liable for any delay or default in, or failure of, performance resulting from or arising out of any Force Majeure event, and no such delay, default in, or failure of performance shall constitute a breach by either Party hereunder. Where a Force Majeure event gives rise to a failure or delay in either Party
performing its obligations under this Agreement (other than obligations to make payment), those obligations will be suspended for the duration of the Force Majeure event. A Party who becomes aware of a Force Majeure event which
gives rise to, or which is likely to give rise to, any failure or delay in performing its obligations under this Agreement, will forthwith notify the other and inform the other of the period for which it is estimated that such failure or delay will continue. The affected Party shall take reasonable steps to mitigate the effects of the Force Majeure event.

14. Hold Harmless. Vendor shall indemnify, defend, and
hold harmless the City, and its officers, officials,
employees and agents, from and against any and all
claims asserted, liability, loss damage, expense, costs, including without limitation costs and fees of litigation, of every nature arising out of, directly or indirectly, or in connection with the foregoing Agreement or the acts or
omissions of Vendor, Vendor’s subcontractors,
employees, representatives, agents and invitees including, but not limited to, performance of the work hereunder or failure to comply with any of the obligations contained herein, except such loss or damage which was caused by
the established active negligence of City or the established sole negligence or willful misconduct of City, its officers, officials, employees and agents. Said indemnification and hold harmless provisions shall be in full force and effect regardless of whether or not there shall be insurance
policies covering and applicable to such liability, loss, damage, expense or cost. Th e Vendor further specifically agrees that he shall indemnify and hold City free of any liability for any accident, loss or damage to the goods and/or work that is the subject of Agreement prior to its completion and acceptance by the City.

15. Law and Venue. This Agreementhas been negotiated
and executed in the state of California and shall be
governed by and construed under the laws of the state of California and and consents that venue of any action
brought hereunder shall be exclusively in the County of Los Angeles.

16. Patent/Copyright Indemnity. If any goods sold or
delivered to City by Vendor are protected by a patent or copyright, Vendor agrees to indemnify and hold harmless the City of Lynwood, its officers, agents, servants, and employees from and against any and all suits, claims,
judgments and costs instituted or recovered against it on account of the use or sale of such goods by City in violation of rights under such patent or copyright.

17. Payment Terms. Unless provided otherwise under the
Scope of Services in which case the terms of the Scope of Services shall prevail, Payment terms shall be net thirty (30) days from the date of receipt of invoice or acceptance of services, whichever occurs last. If City is entitled to a cash discount, the period of computation shall commence on the da te of receipt of invoice or acceptance of goods and/or services by City, whichever is later.

18. Permits, Licenses, and Other Requirements. During
the term of the Agreement, Vendor and its subcontractors (if authorized by the City) shall: (a) comply with all federal, state, and local laws requiring drivers and other licenses, business permits, and certificates required to carry out the services to be performed under this Agreement by federal, state, county, City and other governmental or regulatory bodies r; and (b) comply with all applicable federal, state and local laws, rules, regulations, and orders.

19. Proprietary Information. Upon completion or
cancellation of the Agreement, Vendor shall return all
designs, drawings, and blueprints (City Materials) that are furnished by the City for Vendor’s performance under this Agreement, if applicable. City Materials shall not be used by the Vendor in the production of materials for any third party without express written consent of the City. City Materials involve valuable property rights of City and shall be held confidential by Vendor. Vendor shall keep
confidential and not disclose or use in any way confidential business or technical information that the City may
disclose in conjunction with this Agreement or the Vendor may learn as a result of entering City property to deliver items or services or to perform work hereunder.

20. Severability. If any provision of this Agreement, and/or these Terms and Conditions, and/or any other
accompanying documents, and/or attachments referenced
in this Agreement is declared by a court to be illegal or in conflict with any law, the validity of the remaining terms and conditions shall not be affected; and the rights and
249

City of Lynwood Purchase Order Terms and Conditions
(Procurement of Services)

City of Lynwood Purchase Order Terms and Conditions
obligations of the parties shall be construed and enforced as if the foregoing Purchase Order , and/or these Terms and Conditions, and/or any other accompanying
documents, and/or attachments referenced in this
Agreement did not contain the particular provis ion held to be invalid.

21. Taxes. Vendor must separately state on all invoices any taxes imposed by the local, state, or federal
governments applicable to furnishing the Services;
provided, however where a tax exemption is available, the tax must be subt racted from the total compensation
amount and identified. Unless otherwise stated in this Agreement, the compensation amount shall be considered
to include state and city sales or use taxes.

22. Termination for Default. In addition to any other
remedies or rights it may have by law, the City may
terminate this Agreement with or without cause upon
seven (7) calendar days written notice to Vendor. The
effective date of termination shall be upon the date
specified in the notice of termination. Vendor agrees that in the event of such termination, City’s obligation to pay Vendor shall be limited to payment only for those services satisfactorily rendered prior to the effective date of
termination. Immediately upon receiving w ritten notice of termination, Vendor shall discontinue performing services, preserve the product of the services, and turn over to City the product of the services in accordance with written
instruction of City.

23. No Waiver. Failure of City to enforce any provision of this Agreement , and/or these Terms and Conditions,
and/or any other accompanying documents, and/or
attachments referenced in herein shall not constitute a waiver or relinquishment by City of the right to such
performance in the futurenor of the right to enforce any other provision of this Agreement.

24. Warranties. Vendor warrants that the services
performed shall conform to the specifications, drawings, samples or other description specified by the City and that the services were performed in a diligent, professional and workmanlike manner in accordance with industry
standards. When defective or faulty workmanship is
discovered, Vendor shall provide all labor, materials, parts and equipment to correct such defec t or make such
replacement at no expense to the City. These warranties shall not be deemed to exclude Vendor’s standard
warranties or other rights or warranties that City may have or obtain.

25. ADDITIONAL TERMS AND CONDITIONS

APPLICABLE WHEN THE VENDOR IS TO PERFORM

SERVICES/WORK ON CITY-OWNED PREMISES
A. Liens . If, during the work, the Vendor allows any
indebtedness or lien to accrue for labor, equipment, or materials, which may become a claim against the City, the Vendor shall immediately pay such claim or indebtedness or cause such lien to be dissolved and discharged by
giving a bond and, in case of failure to do so, the City may withhold any money due to Vendor until such claim,
indebtedness or lien is paid or may apply such money
toward the discharge thereof; or the City may, at its option, terminate this Agreement, take possession and control of the work, and complete the same or cause the same to be completed. Vendor shall pay to City the difference between the Agreement price and the actual cost to the City in completing or causing the work to be completed.

B. Work Performed at Vendor’s Risk. The Vendor shall
perform the work at Vendor’s own risk until the same is fully completed and accepted and shall, in case of any
accident, destruction or injury to the work or items before final completion and acceptance, repair or replace the
work or items so injured, damaged or destroyed, at
Vendor’s own expense and to the satisfaction of the City.

When others furnish items for installation or erection by the Vendor, the Vendor shall receive, unload, store, and
handle same at site and become responsible therefore, as though such items were being furnished by the Vendor
under this Agreement.

C. Insurance . Vendor shall obtain and maintain at its expense, until co mpletion of performance under this
Agreement and acceptance by City, the following
insurance issued by an admitted insurer authorized to
operate in California:

1. COMMERCIAL GENERAL LIABILITY naming
City, its officials, employees and agents as additional insured’s for injury to or death of persons or damage
to or loss of property arising from or connected to
Vendor's performance hereunder: $2 ,000,000
combined single limit for each occurrence or
$4,000,000 general aggregate.

2. AUTOMOBILE LIABILITY: $1,000,000 combined
single limit per accident for bodily injury and property damage covering owned, non -owned and hired
vehicles.

3. WORKER'S COMPENSATION and EMPLOYER’S
LIABILITY: As required by the State of California.

Each policy must be endorsed to state that coverage
shall not be cancelled by either party or reduced in
coverage except after 30 days prior written notice to
City. Vendor shall furnish to City, before performance
of the work, Certificates of Insurance and original
endorsements with the original signature of one
authorized by the insurer to bind coverage on its
behalf. This insurance shall not be deemed to limit
Vendor's liability hereunder. If authorized by the City, Vendor shall require that its subcontractors comply
with this Section. City reserves the right to require
complete certified copies of policies. If Vendor fails to furnish said insurance, City may terminate the
Agreement.

D. Specifications. Vendor shall comply with the
specifications stated in, incorporated by reference in, or attached to this Agreement.

E. Prevailing Wages. If applicable, pursuant to
provisions of Section 1770, et seq. of the California Labor Code, for all public works contracts, Vendor shall pay its employees the general prevailing rate of wages as
determined by the Director of the Department of Industrial Relations. In add ition, Vendor shall be responsible for compliance with the requirements of Section 1777.5 of the California Labor Code relating to apprentices on public 250

City of Lynwood Purchase Order Terms and Conditions
(Procurement of Services)

City of Lynwood Purchase Order Terms and Conditions
works contracts. A copy of the prevailing wages to be paid by Vendor is on file with the City Clerk.

F. No Subcontractors. Vendor shall perform the work with its own employees under its immediate supervision.

Unless approved by City in advance in writing, Vendor
shall not subcontract any portion of the work.

G. Independent Contractor. Vendor shall be cons idered
an independent contractor and not an agent or an
employee of the City. Vendor shall have no power to incur any debt, obligation, or liability on behalf of City or otherwise to act on behalf of City as an agent. Neither City nor any of its officers, employees or agents shall have control over the conduct of Vendor or any of Vendor’s
employees, except as set forth in this Agreement. Vendor shall not represent that it is, or that any of its agents or employees are, in any manner employees of City. The
Vendor does not qualify for workers’ compensation or
other fringe benefits of any kind. The Vendor is responsible for paying all required state and federal taxes.

H. Non -Discrimination. The Vendor and its agents,
employees or subcontractor(s) shall not d iscriminate
against any person in the performance of this Agreement on the basis of race, religion, national origin, color, age, sex, sexual orientation, AIDS, HIV status, handicap, or disabled, and shall comply with applicable federal and
state equal employment opportunity laws, ordinances,
rules, and regulations.

26. SB 854 (If applicable). Public works reforms (SB 854) were signed into law on June 20, 2014. The reforms made several significant changes to the administration and
enforcement of prevailing wage requirements by the
Department of Industrial Relations (DIR). Among other
things, SB 854 established a public works contractor
registration program to replace prior Compliance
Monitoring Unit (CMU) and Labor Compliance Program
(LCP) requirements for bond -funded and other specified public works projects.

SB 854 (Stat. 2014, chapter 28) made several changes to the laws governing how the Department of Industrial
Relations (DIR) monitors compliance with prevailing wage requirements on public works projects. These new
requirements apply to all public works that are subj ect to the prevailing wage requirements of the Labor Code,
without regard to funding source. The City may only award public works projects to contractors and subcontractors that comply with the new Public Works Contractor
Registration Law (SB 854). Contractors doing public
works must register with DIR and meet the requirements
before bidding on public works contracts in California. • No contractor or subcontractor may be listed on a
bid proposal for a public works project (submitted
on or after March 1, 2015) unless registered with
the Department of Industrial Relations pursuant
to Labor Code section 1725.5 [with limited
exceptions from this requirement for bid purposes
only under Labor Code section 1771.1(a)].
• No contractor or subcontractor may be awarded
a contract for public work on a public works
project (awarded on or after April 1, 2015) unless
registered with the Department of Industrial
Relations pursuant to Labor Code section 1725.5.
• This project is subject to compliance monitoring
and enforcement by the Department of Industrial
Relations.

27. Signatures of Parties. Vendor and City hereby agree to the terms and conditions set forth herein. This
Agreement shall be of no force and effect unless it has been signed by the City's Purchasing Officer or his/her authorized designee (totaling less than $2 5,000.00) or by the Mayor ( totaling in excess of $ 25,000.00). Exception:

If the foregoing Agreement is for services being
provided on a Public Project, the City Manager may
sign any Purchase Order or agreement totaling
$200,000 or less (Resolution No. 2020.016).

By:

__________________________ __________
Jose Luis Solache, City Mayor Date

Approved as to Form:

__________________________
Noel Tapia, City Attorney

Attest:

__________________________
Maria Quinones, City Clerk

Vendor:

California Street Lighting
Legal Name of Vendor

By:
_______________________________________

Title:___________________________________

Date: ____________________________________
251
California Street Lighting
3200 E. Guasti Road, Suite 100,
Ontario, CA 91761
+1 7608877775
[email protected]
Estimate

ADDRESS
Art Mendez
City of Lynwood
11330 Bullis Rd
Lynwood, CA 90262 US
ESTIMATE # 862
DATE 01/03/2024

JOB LOCATION
Lynwood

ACTIVITY QTY RATE AMOUNT
Jobsite - Intersections
a) Atlantic Ave/Martin Luther King Jr
Blvd
b) Bullis Rd/Martin Luther King Jr Blvd
c) Imperial Hwy/Martin Luther King Jr
Blvd
d) Long Beach Blvd/Imperial Hwy

0.00 Bucket truck 0.00
Electrician 0.00
Laborer 0.00
Traffic control 0.00
Sales
Install 10 LED street signs 22"X72" , 6
LED signs 22" X 96"
16 1,800.00 28,800.00

start Date 22 of January 2024
DIR # - 1000770050
TOTAL $28,800.00
Accepted By Accepted Date
252
1 RESOLUTION NO. ____

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

CONTRACT TO CALIFORNIA STREET LIGHTING FOR THE INSTALLATION OF

SIXTEEN NEW LED STREET NAME SIGNS AT FOUR STREET INTERSECTIONS AS PART OF THE ANNUAL STREET NAME SIGN REPLACEMENT PROJECT (CIP NO. 4011.68.137), AUTHORIZING THE CITY MANAGER TO APPROVE AGREEMENT

AMENDMENTS RELATED TO THE PROJECT AND AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENT.

WHEREAS, as part of the City’s Fiscal Year FY 2023-24 Capital Improvement Program (CIP) Project list, The City will be replacing sixteen (16) existing street name signs with newly fabricated light-emitting diode (LED) street name signs at four (4) street intersections; and
WHEREAS, the four street intersections are as follows:

1. Atlantic Avenue & Martin Luther King Jr. Boulevard.

2. Bullis Road & Martin Luther King Jr. Boulevard.

3. Imperial Highway & Martin Luther King Jr. Boulevard

4. Long Beach Boulevard & Imperial Highway; and
WHEREAS, the City purchased the newly fabricated LED street name signs with an expenditure of $46,194.75; and
WHEREAS, the City requires a vendor to remove and transport the existing street name signs, and install the newly fabricated LED street name signs; and WHEREAS, on January 3, 2024, City staff received one proposal from California Street Lighting in the amount of $28,800.00 for the installation of the LED street name signs; and
WHEREAS, Staff is recommending City Council award the installation of LED street name signs for the Annual Street Name Sign Replacement Project to California Street Lighting; and
WHEREAS, the total estimated construction cost for this project is $79,500.00; and WHEREAS, the current project budget is $81,000 from General Funds and Measure M; and
WHEREAS, no additional appropriation is needed to deliver this project.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF LYNWOOD DOES HEREBY FIND, PROCLAIM, ORDER, AND RESOLVE AS FOLLOWS:
253
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 said recitals fully into this resolution as substantive findings.

Section 2. The City Council of the City of Lynwood authorizes the Mayor to execute the agreement between the City of Lynwood and California Street Lighting in a form approved by the City Attorney in the amount of $28,800.

Section 3. The City Council of the City of Lynwood authorizes the City Manager under LMC 6-3.10 to sign on behalf of the city all purchase orders or contracts for procuring supplies, equipment, and general services and professional/special services that do not include any legal or consulting services, which do not exceed a total contract or purchase order amount of fifty thousand dollars ($50,000) in any one-year period.

Section 4. The City Council of the City of Lynwood authorizes the City Manager under LMC 6-3.14(d) to approve consultant, vendor agreements, modifications, change orders, or agreement amendments related to the Project up to the available Project Budget.

Section 5. Authorize the Mayor to execute the Resolution for and on behalf of the City of Lynwood.

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

Section 7. The City Clerk shall certify to the adoption of this resolution and hereafter the same shall be in full force and effect.
254
3 PASSED, APPROVED and ADOPTED this 20th day of February, 2024.

Jose Luis Solache
Mayor
ATTEST:

Maria Quinonez
City Clerk
APPROVED AS TO FORM: APPROVED AS TO CONTENT:

Noel Tapia Ernie Hernandez
City Attorney City Manager
Julian Lee
Director of Public Works
255
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 20th day of February 2024, and passed by the following votes:

AYES:

NOES:

ABSTAIN:

ABSENT:

Maria Quinonez, City Clerk

STATE OF CALIFORNIA )
)

Maria Quinonez, City Clerk
256

Lynwood City CouncilFebruary 20, 2024

Lynwood City Council
February 20, 2024