1. CALL TO ORDER
2. CERTIFICATION OF AGENDA POSTING BY CITY CLERK
3. ROLL CALL OF COUNCIL MEMBERS
4. PLEDGE OF ALLEGIANCE
5. INVOCATION
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
August
6, 2024
COUNCIL CHAMBERS - 11350 BULLIS ROAD. LYNWOOD, CA 90262 Duly Posted on 8/3/24 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
City Council Regular Meeting 1
6. PRESENTATIONS/PROCLAMATIONS
7. COUNCIL RECESS TO:
8. PUBLIC HEARING
8.1 LEVY AND COLLECTION OF DELINQUENT REFUSE CHARGES ON THE
PROPERTY TAX
ROLL FOR FISCAL YEAR 2024-2025 AGAINST SINGLE FAMILY RESIDENTIAL PARCELS (UP
TO THREE UNITS)
Update on Law Enforcement Issues
Update from LA County Fire Department
City Council Members Reporting on Meetings Attended (Gov. Code Section 53232.3 (D)).
City Video(s)
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).)
Comments:
Section 38790.1 of the California Government Code authorizes cities to collect delinquent garbage fees or charges via a special assessment to be collected with county taxes.
Furthermore, Health and Safety Code 5473 allows any entity, by a two-thirds vote of the members of the legislative body, to elect to have refuse and garbage collection on the property tax roll. Various cities and counties have placed delinquent charges on the property tax roll as a mechanism for collection. The Lynwood Municipal Code Section 9-1 supports this mechanism of collection for delinquent garbage and rubbish charges. (FIN) Recommendation:
Staff recommends that the City Council open the public hearing, after hearing comments and protests, to close the public hearing and adopt the attached resolution entitled: “A
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING
AND DIRECTING THE COUNTY ASSESSOR TO LEVY AND COLLECT DELINQUENT
REFUSE BILLS AGAINST SINGLE FAMILY RESIDENTIAL PARCELS (UP TO THREE UNITS) FOR FISCAL YEAR 2024-2025 ON THE COUNTY TAX ROLL AND DIRECTING
THE COUNTY ASSESSOR TO INCLUDE RESIDENTIAL REFUSE BILLS FROM WASTE RESOURCES, INC. (WRI) AS A SPECIAL ASSESSMENT TO BE COLLECTED
AT THE SAME TIME AND IN THE SAME MANNER AS COUNTY TAXES FOR FISCAL City Council Regular Meeting 2
8.2 ADOPTION OF 2021-2029 HOUSING ELEMENT AND RELATED ACTIONS: GENERAL PLAN AMENDMENT NO. GPA 2024-01 AND ORDINANCE TO AMEND THE
LYNWOOD MUNICIPAL CODE IN ORDER TO ADOPT AND IMPLEMENT THE LYNWOOD GENERAL PLAN 2021-2029 HOUSING ELEMENT.
9. CONSENT CALENDAR
9.1 APPROVAL OF THE WARRANT REGISTER
9.2 TREASURER'S QUARTERLY INVESTMENT REPORT
YEAR 2024-2025”
Comments:
The item will be continued to the next regular meeting. (CD) Recommendation:
The item will be continued to the next regular meeting.
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 August 06,2024 for FY 2023-2024 and 2024- 2025. (FIN)
Recommendation:
Staff respectfully recommends that the City Council of the City of Lynwood approve the warrant register dated August 06,2024 for FY 2023-2024 and 2024-2025
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 City Council for 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 4th quarter ending June 30, 2024.
City Council Regular Meeting 3
9.3 AWARD OF CONTRACT TO COURTNEY INC. FOR THE ROOF RESTORATION AND
REPLACEMENT AT LYNWOOD CITY HALL, LYNWOOD COMMUNITY CENTER AND LYNWOOD SENIOR CENTER (PROJECT NOS. 4011.68.033, 4011.68.132 & 4011.68.133)
9.4 AUTHORIZATION FOR CITY MANAGER TO USE CIP PROJECT NO. (4011.68.130)
FOR EMERGENCY STREET REPAIRS AND AUTHORIZATION FOR CITY MANAGER TO EXECUTE AGREEMENTS UP TO $90,000 FOR EMERGENCY REPAIRS
9.5 BUDGET AMENDMENT TO APPROPRIATE FUNDS TO
EQUIPMENT/MACHINERY/VEHICLE MAINTENANCE AND VEHICLE REPLACEMENT
FUNDS FOR VEHICLE REPLACEMENT, MAINTENANCE, AND FUEL CHARGES
Comments:
Staff created and published a Request for Proposal (RFP) for design-build services for the roof restoration and replacement at Lynwood City Hall, Lynwood Community Center and Lynwood Senior Center. The City received four (4) proposals to perform the work.
Staff recommends that the City Council award the contract to Courtney Inc. in the amount of $1,567,000. (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 COURTNEY INC. FOR THE ROOF RESTORATION AND
REPLACEMENT AT LYNWOOD CITY HALL, LYNWOOD COMMUNITY CENTER AND LYNWOOD SENIOR CENTER (PROJECT NOS. 4011.68.033, 4011.68.132 & 4011.68.133); AUTHORIZING THE CITY MANAGER TO APPROVE AGREEMENT
AMENDMENTS RELATED TO THE PROJECT AND AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENTS. APPROVAL OF ON-CALL ENGINEERING SERVICES PROVIDER TRANSTECH ENGINEERS INC.'S PROPOSAL FOR CONSTRUCTION MANAGEMENT AND INSPECTION SERVICES FOR THE PROJECT.”
Comments:
As part of the City’s ongoing maintenance and operations, staff needs the assistance from contractors to perform repairs throughout the City. The City has multiple locations that need urgent repairs. Staff recommends that the City Council authorize the City Manager to use the funding from CIP project no. 4011.68.130 to perform the emergency repairs and execute agreements up to the amount of $90,000. (PW) 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 CITY MANAGER TO EXECUTE AGREEMENTS & AGREEMENT AMENDMENTS FOR EMERGENCY STREET REPAIRS IN AN AMOUNT NOT TO EXCEED $90,000 USING FUNDS FROM CIP PROJECT NO. 4011.68.130.”
City Council Regular Meeting 4
10. CITY COUNCIL ORAL AND WRITTEN COMMUNICATION
11. STAFF ORAL COMMENTS
Comments:
The Public Works department is in charge of vehicle repairs and fuel charges for department vehicles citywide. Due to a budget error funds were removed from the FY 24/25 garage fund. A budget amendment is needed to appropriate the funds into the garage fund. (PW)
Recommendation:
Staff recommends that the City Council adopt the attached resolution entitled: “A
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, APPROPIATING
FUNDS FROM THE UNAPPROPRIATED EQUIP/MACH/VEH MAINTENANCE FUND
AND UNAPPROPRIATED EQUIP/MACH/VEH REPLACEMENT FUND IN THE AMOUNT OF $424,400 AND $1,014,160, RESPECTIVELY, TO COVER ANTICIPATED EXPENSES DURING FISCAL YEAR 2024/2025.”
ADJOURNMENT
THE NEXT REGULAR MEETING WILL BE HELD ON AUGUST 20, 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:
August
6, 2024
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Julian Lee, Interim City Manager
PREPARED BY:
Harry Wong, Director of Finance and Administration
Miguel Cervantes, Billing and Collections Supervisor
SUBJECT:
LEVY AND COLLECTION OF DELINQUENT REFUSE CHARGES ON THE PROPERTY TAX ROLL FOR FISCAL YEAR 2024-2025 AGAINST SINGLE
FAMILY RESIDENTIAL PARCELS (UP TO THREE UNITS)
Agenda Item # 8.1.
Recommendation:
Staff recommends that the City Council open the public hearing, after hearing comments and protests, to close the public hearing and adopt the attached resolution entitled: “A
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING AND
DIRECTING THE COUNTY ASSESSOR TO LEVY AND COLLECT DELINQUENT REFUSE
BILLS AGAINST SINGLE FAMILY RESIDENTIAL PARCELS (UP TO THREE UNITS) FOR FISCAL YEAR 2024-2025 ON THE COUNTY TAX ROLL AND DIRECTING THE COUNTY
ASSESSOR TO INCLUDE RESIDENTIAL REFUSE BILLS FROM WASTE RESOURCES, INC. (WRI) AS A SPECIAL ASSESSMENT TO BE COLLECTED AT THE SAME TIME AND IN THE SAME MANNER AS COUNTY TAXES FOR FISCAL YEAR 2024-2025” Background:
Section 38790.1 of the California Government Code authorizes cities to collect delinquent garbage fees or charges via a special assessment to be collected with county taxes.
Furthermore, Health and Safety Code 5473 allows any entity, by a two-thirds vote of the members of the legislative body, to elect to have refuse and garbage collection on the property tax roll. Various cities and counties have placed delinquent charges on the property tax roll as a mechanism for collection. The Lynwood Municipal Code Section 9-1 supports this City Council City Council Regular Meeting 6
mechanism of collection for delinquent garbage and rubbish charges.
On July 16, 2024, the City Council adopted a resolution on the City’s intent to levy and collect delinquent refuse charges on the property tax roll against residential parcels (up to three units) for Fiscal Year 2024-2025 and set the public hearing for August 6, 2024.
Staff advertised the August 6, 2024 public hearing in the Lynwood Press Wave on July 25, 2024 and August 1, 2024. The notice also informed that the public hearing may be continued to August 20, 2024.
Notices were mailed to the affected property owners of the delinquent refuse amounts, the city’s intent to place the delinquent refuse charges on the county tax roll, and of the August 6, 2024 public hearing (with the possibility of the public hearing being continued to August 6, 2024).
Discussion and Analysis:
The City of Lynwood currently contracts with Waste Resources Inc. (WRI) for the collection and billing for solid waste handling services for single and multi-family dwellings on a bi- monthly basis.
Collecting these delinquent accounts has been challenging. Discontinuance of rubbish and garbage collection services for non-payment may not always be a viable option because of the City’s obligation to maintain public health.
At the public hearing the City Council may make revisions or corrections to the report of delinquent charges.
After the public hearing, property owners and account holders will be given an opportunity to pay up to August 1
st
to avoid the levy of the delinquent refuse charges plus corresponding administrative expenses on their property taxes.
Fiscal Impact:
City Council City Council Regular Meeting 7
Refuse Delinquency Exhibit A - Public Hearing.pdf
Lynwood FY 24-25 DQ Refuse Reso 8-6-24.pdf
Delinquent Charges
As of July 3, 2024, there are an estimated 1,048 single-family residential (up to three units) refuse accounts totaling approximately $307,227 that were delinquent over 60 days as of April 30, 2024 and remain delinquent. The levy and collection of the delinquent amounts improves the City’s ability to recover the amounts owed for services provided. As payments are received, staff will update the list of delinquency.
Administrative Cost
Each refuse bill shall be increased by an amount not to exceed the cost incurred by the City and WRI for placing the delinquent bills on the property tax roll via special assessment.
Amounts collected, less reimbursement to the city for administrative expenses incurred by the city for placement of the charges on the county tax roll will be passed through to WRI.
Coordinated With:
City Manager’s Office
City Attorney’s Office
Department of Public Works
ATTACHMENTS:
Description
City Council City Council Regular Meeting 8
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6168001003 035388 $848.12 $30.02 $878.14
6168001012 035374 656.98 30.02 687.00
6168002002 037176 281.26 30.02 311.28
6168002002 037184 366.45 30.02 396.47
6168002008 037316 198.44 30.02 228.46
6168002010 035582 428.84 30.02 458.86
6168002013 035604 61.12 30.02 91.14
6168002018 037221 122.29 30.02 152.31
6168002027 037190 213.70 30.02 243.72
6168002040 037161 449.05 30.02 479.07
6168002042 037175 375.57 30.02 405.59
6168003003 035601 263.48 30.02 293.50
6168003005 037507 364.60 30.02 394.62
6168003010 037631 320.80 30.02 350.82
6168003013 075759 45.07 30.02 75.09
6168003031 037762 270.17 30.02 300.19
6168003032 037799 16.21 30.02 46.23
6168003034 035841 428.84 30.02 458.86
6168004007 035493 46.01 30.02 76.03
6168004007 037508 404.26 30.02 434.28
6168004018 037668 37.58 30.02 67.60
6168004029 037548 428.88 30.02 458.90
6168004040 037795 75.07 30.02 105.09
6168005009 042181 426.41 30.02 456.43
6168005012 037716 92.05 30.02 122.07
6168005016 037794 211.94 30.02 241.96
6168005020 078758 245.23 30.02 275.25
6168006008 074839 122.54 30.02 152.56
6168006033 037961 93.66 30.02 123.68
6168006034 037932 427.33 30.02 457.35
6168006035 037906 183.66 30.02 213.68
6168008010 038201 428.19 30.02 458.21
6168008012 038151 325.93 30.02 355.95
6168008013 038107 83.78 30.02 113.80
6168008015 038076 428.88 30.02 458.90
6168008032 038252 428.11 30.02 458.13
6168009001 078523 122.29 30.02 152.31
6168009007 035631 246.67 30.02 276.69
6168009015 038153 122.74 30.02 152.76
6168009019 038218 307.00 30.02 337.02
6168009024 038264 664.36 30.02 694.38
6168009027 035610 246.41 30.02 276.43
6168010001 035680 895.46 30.02 925.48
6168010025 037986 122.29 30.02 152.31
6168010029 034930 654.67 30.02 684.69
6168010037 038183 1,280.11 30.02 1,310.13
6168011018 037950 345.07 30.02 375.09
6168011023 035969 226.24 30.02 256.26
6168011031 037851 61.12 30.02 91.14
City of Lynwood Delinquent Refuse
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6168011034 081443 656.67 30.02 686.69
6168012018 036012 433.84 30.02 463.86
6168014004 037551 93.60 30.02 123.62
6168014006 037590 391.49 30.02 421.51
6168014013 037781 52.29 30.02 82.31
6168014015 037827 177.54 30.02 207.56
6168014016 036561 871.92 30.02 901.94
6168014018 035655 369.19 30.02 399.21
6168014020 035665 180.69 30.02 210.71
6168015012 035667 16.09 30.02 46.11
6168016002 037197 850.84 30.02 880.86
6168016012 035854 413.00 30.02 443.02
6168016026 035860 428.84 30.02 458.86
6168016027 035861 375.41 30.02 405.43
6168017008 036935 122.62 30.02 152.64
6168018001 037283 115.31 30.02 145.33
6168018010 037374 647.26 30.02 677.28
6168019011 037568 145.33 30.02 175.35
6168019016 036068 94.67 30.02 124.69
6168019019 036108 187.27 30.02 217.29
6168020008 037837 241.64 30.02 271.66
6168020016 037790 694.90 30.02 724.92
6168022015 042027 280.98 30.02 311.00
6168022016 036617 880.31 30.02 910.33
6168023004 037717 657.01 30.02 687.03
6169004023 037020 61.37 30.02 91.39
6169005025 034800 326.50 30.02 356.52
6169006020 034821 31.00 30.02 61.02
6169008011 037106 37.58 30.02 67.60
6169008012 037098 73.82 30.02 103.84
6169008013 037094 566.90 30.02 596.92
6169008015 066870 608.25 30.02 638.27
6169008021 037101 122.29 30.02 152.31
6169008027 037133 133.76 30.02 163.78
6169009020 037110 94.24 30.02 124.26
6169014009 035088 61.29 30.02 91.31
6169015021 035040 428.84 30.02 458.86
6169016010 035382 655.83 30.02 685.85
6170003008 036733 224.34 30.02 254.36
6170003023 036797 307.00 30.02 337.02
6170003027 036763 515.52 30.02 545.54
6170004021 036790 125.31 30.02 155.33
6170004022 036784 647.26 30.02 677.28
6170004023 036775 470.17 30.02 500.19
6170004027 036726 37.88 30.02 67.90
6170004029 036694 245.23 30.02 275.25
6170006012 036761 86.90 30.02 116.92
6170006022 036697 44.90 30.02 74.92
6170007009 043739 193.34 30.02 223.36
6170007010 036704 659.10 30.02 689.12
6170007018 036743 75.27 30.02 105.29
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6170008008 036740 425.08 30.02 455.10
6170008023 036690 234.13 30.02 264.15
6170009001 036829 307.43 30.02 337.45
6170009013 034492 92.14 30.02 122.16
6170010001 036777 248.38 30.02 278.40
6170010005 036819 451.60 30.02 481.62
6170010024 034102 45.23 30.02 75.25
6170010028 033980 264.52 30.02 294.54
6170011003 036861 91.42 30.02 121.44
6170011010 036921 223.69 30.02 253.71
6170011015 036864 301.04 30.02 331.06
6170011022 036888 427.77 30.02 457.79
6170012006 036894 95.75 30.02 125.77
6170012014 036916 304.79 30.02 334.81
6170012021 036837 657.14 30.02 687.16
6170013021 067030 396.19 30.02 426.21
6170013022 036869 206.82 30.02 236.84
6170013032 036909 655.83 30.02 685.85
6170013033 067670 183.66 30.02 213.68
6170014027 036856 162.38 30.02 192.40
6170014049 038425 122.29 30.02 152.31
6170014050 036896 85.76 30.02 115.78
6170017002 036843 338.60 30.02 368.62
6170017004 036876 346.58 30.02 376.60
6170017029 034099 187.27 30.02 217.29
6170017030 036898 346.58 30.02 376.60
6170018023 033852 132.00 30.02 162.02
6170018029 075332 307.00 30.02 337.02
6170018030 034056 257.61 30.02 287.63
6170019001 036934 428.88 30.02 458.90
6170019025 033898 190.19 30.02 220.21
6170020001 037080 366.57 30.02 396.59
6170020002 036652 291.95 30.02 321.97
6170020030 037005 23.34 30.02 53.36
6170020034 037026 428.81 30.02 458.83
6170021005 037067 61.12 30.02 91.14
6170021010 037032 425.30 30.02 455.32
6170021027 036974 33.71 30.02 63.73
6170022020 042166 122.24 30.02 152.26
6170022020 042167 122.24 30.02 152.26
6170023009 037039 45.23 30.02 75.25
6170023016 037079 220.17 30.02 250.19
6170023020 036971 61.12 30.02 91.14
6170023021 064001 246.17 30.02 276.19
6170023027 076182 183.71 30.02 213.73
6170024011 036480 321.25 30.02 351.27
6170024012 036992 375.56 30.02 405.58
6170026006 034491 427.46 30.02 457.48
6170026030 034959 107.60 30.02 137.62
6170026032 033582 249.84 30.02 279.86
6170028010 037036 626.64 30.02 656.66
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6170028011 037214 428.84 30.02 458.86
6170028012 037636 281.26 30.02 311.28
6170029006 034093 161.29 30.02 191.31
6170029020 034192 130.57 30.02 160.59
6170029022 034071 223.99 30.02 254.01
6170030025 037258 196.07 30.02 226.09
6170031004 035881 181.11 30.02 211.13
6170031005 042085 61.40 30.02 91.42
6170031011 037192 61.12 30.02 91.14
6170031023 042039 1,691.81 30.02 1,721.83
6170033020 036314 49.63 30.02 79.65
6170035009 037222 140.00 30.02 170.02
6170035010 080137 223.06 30.02 253.08
6170035011 037256 61.12 30.02 91.14
6170035018 037345 307.00 30.02 337.02
6170035023 037432 27.89 30.02 57.91
6170036002 033509 421.97 30.02 451.99
6170036031 037313 205.08 30.02 235.10
6170036032 037298 122.29 30.02 152.31
6170036049 037481 280.11 30.02 310.13
6170037007 037273 377.31 30.02 407.33
6170037008 037295 81.26 30.02 111.28
6170037017 037478 423.01 30.02 453.03
6170037019 080211 148.64 30.02 178.66
6170037019 080214 153.78 30.02 183.80
6170037023 037474 307.00 30.02 337.02
6170037025 037431 38.85 30.02 68.87
6170037026 037426 213.65 30.02 243.67
6170038004 033986 209.32 30.02 239.34
6170038025 037370 157.00 30.02 187.02
6170038026 037360 456.35 30.02 486.37
6170039016 037520 153.67 30.02 183.69
6171012016 037379 460.28 30.02 490.30
6171013017 037575 428.11 30.02 458.13
6171013055 034796 22.29 30.02 52.31
6171013061 037732 428.88 30.02 458.90
6171013063 037755 425.30 30.02 455.32
6171013068 037672 175.56 30.02 205.58
6171015033 037852 297.05 30.02 327.07
6171016008 037667 61.57 30.02 91.59
6171016008 037676 200.00 30.02 230.02
6171016009 037642 423.01 30.02 453.03
6171016016 037499 270.12 30.02 300.14
6171016018 037531 43.84 30.02 73.86
6171016026 037726 42.85 30.02 72.87
6171017004 037179 232.66 30.02 262.68
6171017007 037284 428.18 30.02 458.20
6171017015 037455 425.29 30.02 455.31
6171017029 037337 290.17 30.02 320.19
6171018006 037208 95.03 30.02 125.05
6171018016 037416 383.31 30.02 413.33
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6171018018 037446 657.01 30.02 687.03
6171018030 038163 612.49 30.02 642.51
6171018033 037254 155.27 30.02 185.29
6171018038 042204 182.08 30.02 212.10
6171019007 037241 284.13 30.02 314.15
6171019022 037344 428.84 30.02 458.86
6171019023 037326 61.12 30.02 91.14
6171019029 037185 94.60 30.02 124.62
6171020003 035011 647.26 30.02 677.28
6171020012 074979 364.60 30.02 394.62
6171020019 035311 428.88 30.02 458.90
6171021001 034982 309.52 30.02 339.54
6171021006 037588 428.84 30.02 458.86
6171021008 037772 653.57 30.02 683.59
6171021009 079982 294.68 30.02 324.70
6171022010 038000 122.39 30.02 152.41
6171022015 037889 60.00 30.02 90.02
6171022030 038142 128.21 30.02 158.23
6171023010 038044 122.29 30.02 152.31
6171023015 037933 425.02 30.02 455.04
6171023032 076150 427.78 30.02 457.80
6171024011 037836 172.91 30.02 202.93
6171024012 037814 245.23 30.02 275.25
6171024017 037693 344.80 30.02 374.82
6171024018 037650 655.61 30.02 685.63
6171024026 037745 61.12 30.02 91.14
6171024033 037862 381.41 30.02 411.43
6173002002 083346 380.27 30.02 410.29
6173002002 083348 396.52 30.02 426.54
6173002002 083349 396.52 30.02 426.54
6173002002 083350 396.52 30.02 426.54
6173002002 083351 396.52 30.02 426.54
6173002002 083352 396.52 30.02 426.54
6173002002 083353 396.52 30.02 426.54
6173002017 073572 42.10 30.02 72.12
6173002017 038027 62.53 30.02 92.55
6173004035 042014 430.48 30.02 460.50
6173005040 038492 223.72 30.02 253.74
6173005042 038509 100.00 30.02 130.02
6173006003 038584 548.67 30.02 578.69
6173006030 038649 93.60 30.02 123.62
6173006035 038324 447.21 30.02 477.23
6173006037 038387 183.66 30.02 213.68
6173007020 038643 140.82 30.02 170.84
6173008001 038487 307.00 30.02 337.02
6173008031 038449 123.64 30.02 153.66
6173008031 038450 422.39 30.02 452.41
6173009008 041717 382.65 30.02 412.67
6173009023 038281 99.25 30.02 129.27
6173010001 038690 224.65 30.02 254.67
6173010004 038634 550.97 30.02 580.99
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6173010011 038464 61.12 30.02 91.14
6173010020 038639 284.52 30.02 314.54
6173011019 036468 122.33 30.02 152.35
6173012002 038462 168.00 30.02 198.02
6173013010 034134 145.33 30.02 175.35
6173013015 082413 61.12 30.02 91.14
6173015019 033488 653.44 30.02 683.46
6173016003 033563 82.06 30.02 112.08
6173017001 036069 1,702.39 30.02 1,732.41
6173017012 033532 118.30 30.02 148.32
6173017016 033575 245.14 30.02 275.16
6173018003 033823 143.91 30.02 173.93
6173018009 033632 122.29 30.02 152.31
6173018020 033646 61.12 30.02 91.14
6173020011 034108 122.29 30.02 152.31
6173023012 038799 29.95 30.02 59.97
6173024005 039171 503.91 30.02 533.93
6173025001 034789 101.92 30.02 131.94
6173025020 039172 366.92 30.02 396.94
6173026001 038666 261.02 30.02 291.04
6173026014 034783 276.48 30.02 306.50
6173026026 038801 122.29 30.02 152.31
6173026027 036513 89.20 30.02 119.22
6173026031 038705 426.39 30.02 456.41
6173027002 038701 20.00 30.02 50.02
6173027006 066069 107.00 30.02 137.02
6173027012 034876 447.51 30.02 477.53
6173028017 038855 86.59 30.02 116.61
6173029002 038987 226.88 30.02 256.90
6173029006 041296 281.26 30.02 311.28
6173029010 039111 656.99 30.02 687.01
6173029011 039138 450.42 30.02 480.44
6173029013 039162 428.85 30.02 458.87
6173029014 039182 308.56 30.02 338.58
6173029021 039184 474.80 30.02 504.82
6173029026 039087 184.50 30.02 214.52
6173030017 039120 855.28 30.02 885.30
6174002020 035209 93.28 30.02 123.30
6174002021 035217 364.61 30.02 394.63
6174003004 039405 107.43 30.02 137.45
6174004015 039689 428.23 30.02 458.25
6174005018 039860 29.52 30.02 59.54
6174008035 072702 570.47 30.02 600.49
6174008040 040363 122.54 30.02 152.56
6174009005 040168 647.26 30.02 677.28
6174010007 039807 421.56 30.02 451.58
6174010013 039622 426.55 30.02 456.57
6174010014 039640 422.39 30.02 452.41
6174010016 042036 64.98 30.02 95.00
6174011003 039274 281.34 30.02 311.36
6174011006 039309 162.03 30.02 192.05
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6174011024 039431 93.60 30.02 123.62
6174012021 039350 61.12 30.02 91.14
6174012028 039477 553.31 30.02 583.33
6174013006 039745 307.00 30.02 337.02
6174013014 039938 61.12 30.02 91.14
6174014003 040276 426.98 30.02 457.00
6174014006 042038 122.29 30.02 152.31
6174014010 082675 362.38 30.02 392.40
6174014016 040098 106.15 30.02 136.17
6174014022 040232 93.67 30.02 123.69
6174014023 040268 305.74 30.02 335.76
6174015006 040396 423.70 30.02 453.72
6174015027 040408 651.17 30.02 681.19
6174015029 040410 368.62 30.02 398.64
6174016004 040261 184.10 30.02 214.12
6174016018 040178 38.67 30.02 68.69
6174016025 040321 428.84 30.02 458.86
6174017015 039888 478.34 30.02 508.36
6174017017 083682 122.24 30.02 152.26
6174018006 039384 307.00 30.02 337.02
6174018019 039276 653.24 30.02 683.26
6174018023 039368 376.97 30.02 406.99
6174019001 035677 128.59 30.02 158.61
6174021014 035977 93.13 30.02 123.15
6174022001 035684 205.11 30.02 235.13
6174022010 035923 426.55 30.02 456.57
6174022014 036004 428.84 30.02 458.86
6174022023 035894 428.88 30.02 458.90
6174023008 035876 657.01 30.02 687.03
6174023020 035808 122.12 30.02 152.14
6174024017 035733 235.86 30.02 265.88
6174025006 039820 762.09 30.02 792.11
6174025007 039844 97.36 30.02 127.38
6174025019 039826 245.23 30.02 275.25
6175002004 038326 654.59 30.02 684.61
6175003014 038440 657.01 30.02 687.03
6175006008 038969 247.42 30.02 277.44
6175006019 042322 266.84 30.02 296.86
6175006025 038926 244.48 30.02 274.50
6175006032 066294 119.88 30.02 149.90
6175006039 039082 427.02 30.02 457.04
6175007005 039089 428.88 30.02 458.90
6175007025 038962 425.29 30.02 455.31
6175007031 039075 649.76 30.02 679.78
6175009008 035021 654.65 30.02 684.67
6175009014 038506 655.49 30.02 685.51
6175009021 035000 428.85 30.02 458.87
6175009023 042141 256.21 30.02 286.23
6175009026 038511 160.51 30.02 190.53
6175009030 074419 470.17 30.02 500.19
6175010011 038566 118.39 30.02 148.41
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6175010025 064180 420.60 30.02 450.62
6175011034 038479 245.73 30.02 275.75
6175012001 038886 245.78 30.02 275.80
6175012004 038852 139.50 30.02 169.52
6175012011 038728 350.61 30.02 380.63
6175012012 038695 61.37 30.02 91.39
6175012013 038675 614.03 30.02 644.05
6175012017 038859 850.44 30.02 880.46
6175013001 039139 424.38 30.02 454.40
6175013012 038899 128.67 30.02 158.69
6175013024 038921 61.12 30.02 91.14
6175014001 038896 225.68 30.02 255.70
6175014003 069456 245.23 30.02 275.25
6175014004 038955 364.60 30.02 394.62
6175014006 083826 175.81 30.02 205.83
6175014019 039007 425.57 30.02 455.59
6175015019 038789 283.06 30.02 313.08
6175015023 038714 648.20 30.02 678.22
6175016008 038332 426.48 30.02 456.50
6175016011 038400 245.23 30.02 275.25
6175016016 035616 428.84 30.02 458.86
6175016018 038376 93.59 30.02 123.61
6175017010 076522 379.79 30.02 409.81
6175018003 038722 281.26 30.02 311.28
6175018005 038757 187.65 30.02 217.67
6175018012 038882 181.41 30.02 211.43
6175018014 038897 172.02 30.02 202.04
6175019021 082405 61.17 30.02 91.19
6175020001 038912 423.70 30.02 453.72
6175020011 038856 425.43 30.02 455.45
6175020017 038793 305.44 30.02 335.46
6175020024 076407 93.60 30.02 123.62
6175021007 038809 93.60 30.02 123.62
6175021010 038865 427.33 30.02 457.35
6175021028 038353 77.02 30.02 107.04
6175021030 038405 27.13 30.02 57.15
6175021031 038441 61.12 30.02 91.14
6175022001 038618 428.10 30.02 458.12
6175022025 038466 93.60 30.02 123.62
6175022028 038541 102.14 30.02 132.16
6175022035 082676 526.72 30.02 556.74
6175022037 038293 122.39 30.02 152.41
6175023001 038860 874.72 30.02 904.74
6175023006 038775 594.31 30.02 624.33
6175023013 038640 406.44 30.02 436.46
6175023015 038570 138.77 30.02 168.79
6175023022 038726 650.07 30.02 680.09
6175024013 038508 158.56 30.02 188.58
6175025002 038518 122.24 30.02 152.26
6175025006 038418 341.99 30.02 372.01
6175025008 038343 245.33 30.02 275.35
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6175025018 038366 122.29 30.02 152.31
6175025019 038385 61.57 30.02 91.59
6175025020 038415 210.15 30.02 240.17
6176001012 037152 423.70 30.02 453.72
6176001014 036199 547.30 30.02 577.32
6176001028 037189 281.77 30.02 311.79
6176002013 037397 125.04 30.02 155.06
6176002032 036224 311.33 30.02 341.35
6176002034 036248 183.66 30.02 213.68
6176002059 042012 157.14 30.02 187.16
6176003019 037162 180.34 30.02 210.36
6176003020 037144 851.65 30.02 881.67
6176010001 037490 94.81 30.02 124.83
6176010013 037718 124.10 30.02 154.12
6176010018 036296 847.89 30.02 877.91
6176010046 037641 68.11 30.02 98.13
6176011001 037554 183.36 30.02 213.38
6176011025 037632 907.16 30.02 937.18
6176011032 037868 184.29 30.02 214.31
6176012008 042198 61.12 30.02 91.14
6176012012 079871 61.12 30.02 91.14
6176012026 037638 428.84 30.02 458.86
6176012028 037589 204.70 30.02 234.72
6176012032 036174 183.91 30.02 213.93
6176013014 067196 61.12 30.02 91.14
6176013017 075016 1,268.38 30.02 1,298.40
6176013031 037880 245.23 30.02 275.25
6176013036 037896 35.10 30.02 65.12
6176013040 065790 1,509.74 30.02 1,539.76
6176014024 037891 651.64 30.02 681.66
6177001004 080744 422.39 30.02 452.41
6177001036 064273 164.60 30.02 194.62
6177001041 065023 330.41 30.02 360.43
6177002001 075678 139.57 30.02 169.59
6177002007 038567 267.48 30.02 297.50
6177002009 038522 61.12 30.02 91.14
6177002011 038473 184.10 30.02 214.12
6177002028 037847 417.00 30.02 447.02
6177002040 038607 852.28 30.02 882.30
6177002044 036256 61.17 30.02 91.19
6177003002 038616 33.92 30.02 63.94
6177003010 038419 375.56 30.02 405.58
6177003026 038378 221.51 30.02 251.53
6177010040 039157 307.00 30.02 337.02
6177010044 039198 93.60 30.02 123.62
6177010050 039223 122.29 30.02 152.31
6177010053 039235 245.23 30.02 275.25
6177011001 082589 602.77 30.02 632.79
6177011003 039067 90.60 30.02 120.62
6177011009 039163 61.57 30.02 91.59
6177011014 039208 428.84 30.02 458.86
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6177011019 039226 426.50 30.02 456.52
6177011020 039230 382.98 30.02 413.00
6177011021 039234 428.84 30.02 458.86
6177011022 039238 655.83 30.02 685.85
6177011026 039228 427.45 30.02 457.47
6177011027 039224 229.16 30.02 259.18
6177011031 039210 194.73 30.02 224.75
6177011038 039146 425.59 30.02 455.61
6177011042 039077 184.73 30.02 214.75
6177012006 039715 14.43 30.02 44.45
6177012010 039805 657.01 30.02 687.03
6177012015 039815 157.35 30.02 187.37
6177012027 039912 55.26 30.02 85.28
6177012028 039918 143.23 30.02 173.25
6177012030 039882 365.90 30.02 395.92
6177012035 039960 228.72 30.02 258.74
6177013001 039616 424.96 30.02 454.98
6177013009 039809 249.60 30.02 279.62
6177013012 039878 222.88 30.02 252.90
6177013013 039898 222.31 30.02 252.33
6177013016 039940 61.12 30.02 91.14
6177013019 039976 61.96 30.02 91.98
6177013020 066723 428.84 30.02 458.86
6186001015 041009 185.13 30.02 215.15
6186001017 084105 114.60 30.02 144.62
6186001026 041016 554.77 30.02 584.79
6186003004 079648 425.65 30.02 455.67
6186003014 040775 307.00 30.02 337.02
6186003015 074551 52.24 30.02 82.26
6186003021 067461 325.12 30.02 355.14
6186005005 082741 122.29 30.02 152.31
6186005015 035746 183.66 30.02 213.68
6186005022 040485 851.65 30.02 881.67
6186007037 014462 26.26 30.02 56.28
6186007037 014459 43.85 30.02 73.87
6186007043 036040 428.88 30.02 458.90
6186007054 040606 652.94 30.02 682.96
6186008008 036083 675.68 30.02 705.70
6186011022 040705 298.15 30.02 328.17
6186011046 040677 61.11 30.02 91.13
6186011054 082899 213.27 30.02 243.29
6186011080 040648 423.01 30.02 453.03
6186011085 040842 428.81 30.02 458.83
6186011092 040875 120.55 30.02 150.57
6186011093 075038 125.23 30.02 155.25
6186011098 065832 307.59 30.02 337.61
6186011110 040919 33.63 30.02 63.65
6186013045 069280 642.81 30.02 672.83
6186015016 039425 122.24 30.02 152.26
6186017021 073675 423.28 30.02 453.30
6186017025 043262 281.26 30.02 311.28
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6186018011 036246 122.29 30.02 152.31
6186018017 041968 122.29 30.02 152.31
6186018017 041970 614.79 30.02 644.81
6186018018 036184 854.47 30.02 884.49
6186018026 036245 1,283.79 30.02 1,313.81
6186018037 036273 425.21 30.02 455.23
6186020007 080324 375.56 30.02 405.58
6186021020 036288 342.37 30.02 372.39
6186022022 036488 103.36 30.02 133.38
6186022025 076059 654.23 30.02 684.25
6186022030 036332 310.31 30.02 340.33
6186022036 036281 187.27 30.02 217.29
6186024011 036340 422.39 30.02 452.41
6186025036 079358 441.84 30.02 471.86
6186025038 036378 222.39 30.02 252.41
6186025045 036404 423.01 30.02 453.03
6186025050 036384 61.12 30.02 91.14
6186025052 036376 458.81 30.02 488.83
6186025072 082517 399.12 30.02 429.14
6186025112 036393 273.58 30.02 303.60
6186025114 036399 183.66 30.02 213.68
6186025120 036401 378.19 30.02 408.21
6186026019 041109 61.12 30.02 91.14
6186027005 041175 226.76 30.02 256.78
6186027017 041253 62.00 30.02 92.02
6186029012 041112 364.60 30.02 394.62
6186031005 041114 657.02 30.02 687.04
6186031023 041178 425.65 30.02 455.67
6186031025 043009 654.50 30.02 684.52
6186031026 074068 295.79 30.02 325.81
6186032005 041088 654.54 30.02 684.56
6186032012 041085 95.68 30.02 125.70
6186032013 041096 95.26 30.02 125.28
6186033008 041169 61.51 30.02 91.53
6186033012 041241 122.29 30.02 152.31
6186033015 041204 61.12 30.02 91.14
6186033020 041219 450.99 30.02 481.01
6186033021 041227 97.68 30.02 127.70
6186033024 041254 136.01 30.02 166.03
6186034019 036153 426.93 30.02 456.95
6186034028 074866 427.33 30.02 457.35
6186034030 041196 307.00 30.02 337.02
6186035005 041318 270.01 30.02 300.03
6186035011 027851 56.67 30.02 86.69
6186035015 036152 183.66 30.02 213.68
6186037005 041385 500.75 30.02 530.77
6186037020 041452 267.43 30.02 297.45
6186037028 041342 61.17 30.02 91.19
6186038005 041381 61.12 30.02 91.14
6186038009 041442 107.60 30.02 137.62
6186038023 041405 34.90 30.02 64.92
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6186038025 041377 95.13 30.02 125.15
6186039013 041499 61.12 30.02 91.14
6186039022 041397 50.33 30.02 80.35
6186040012 041541 653.44 30.02 683.46
6186041016 036073 93.67 30.02 123.69
6186041019 041517 561.51 30.02 591.53
6186042004 072073 122.29 30.02 152.31
6186042008 036518 187.27 30.02 217.29
6186043006 041257 509.13 30.02 539.15
6186043012 036267 307.43 30.02 337.45
6186043021 036252 123.12 30.02 153.14
6186043026 036277 44.96 30.02 74.98
6186043027 041282 220.59 30.02 250.61
6187002004 039263 65.26 30.02 95.28
6187002005 033512 242.32 30.02 272.34
6187002006 039306 51.27 30.02 81.29
6187002008 039356 61.12 30.02 91.14
6187002009 039388 93.67 30.02 123.69
6187003009 034593 184.71 30.02 214.73
6187003027 067374 61.12 30.02 91.14
6187004011 034506 245.75 30.02 275.77
6187004021 064243 366.24 30.02 396.26
6187005013 034661 75.22 30.02 105.24
6187006008 034645 364.88 30.02 394.90
6187006019 075817 171.05 30.02 201.07
6187007001 040294 857.58 30.02 887.60
6187007002 040278 660.53 30.02 690.55
6187007013 040034 424.39 30.02 454.41
6187007026 040285 61.30 30.02 91.32
6187008002 040028 122.29 30.02 152.31
6187008019 040037 655.85 30.02 685.87
6187009004 039816 654.57 30.02 684.59
6187009005 039863 187.27 30.02 217.29
6187009006 039875 74.38 30.02 104.40
6187009007 039910 252.26 30.02 282.28
6187009010 039961 851.84 30.02 881.86
6187009014 076433 183.66 30.02 213.68
6187009015 066622 33.83 30.02 63.85
6187009017 039796 532.52 30.02 562.54
6187010007 039584 426.50 30.02 456.52
6187010008 039598 651.50 30.02 681.52
6187010020 039690 94.60 30.02 124.62
6187011022 039335 183.01 30.02 213.03
6187011025 039270 122.29 30.02 152.31
6187012013 039521 61.12 30.02 91.14
6187012015 039551 424.88 30.02 454.90
6187012021 039642 364.60 30.02 394.62
6187013007 039921 307.60 30.02 337.62
6187013012 040000 307.00 30.02 337.02
6187013016 039817 93.60 30.02 123.62
6187013018 041137 245.23 30.02 275.25
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6187014006 040153 95.06 30.02 125.08
6187014020 040166 122.29 30.02 152.31
6187014023 081725 61.12 30.02 91.14
6187014026 040332 305.14 30.02 335.16
6187015005 040104 250.23 30.02 280.25
6187015007 040199 106.49 30.02 136.51
6187015010 040288 93.49 30.02 123.51
6187015020 040137 426.71 30.02 456.73
6187015025 040231 375.56 30.02 405.58
6187015028 040311 157.53 30.02 187.55
6187016007 039916 52.39 30.02 82.41
6187016015 039787 380.96 30.02 410.98
6187016016 039814 122.51 30.02 152.53
6187017005 039563 424.41 30.02 454.43
6187017007 039588 67.31 30.02 97.33
6187017009 039618 364.60 30.02 394.62
6187017020 039627 426.51 30.02 456.53
6187017021 039650 470.17 30.02 500.19
6187018001 039254 183.36 30.02 213.38
6187018016 039479 61.57 30.02 91.59
6187018019 039329 61.12 30.02 91.14
6187018020 039348 282.27 30.02 312.29
6187018021 039373 93.67 30.02 123.69
6187018024 039419 269.51 30.02 299.53
6187019007 039340 61.12 30.02 91.14
6187020004 039545 424.03 30.02 454.05
6187022001 040010 114.47 30.02 144.49
6187022007 040151 32.56 30.02 62.58
6187022010 040237 122.29 30.02 152.31
6187022017 040050 183.66 30.02 213.68
6187023003 040328 61.12 30.02 91.14
6187023010 083853 60.21 30.02 90.23
6187024014 035208 346.29 30.02 376.31
6187024017 035122 44.90 30.02 74.92
6187026006 039579 93.60 30.02 123.62
6187026012 039665 188.34 30.02 218.36
6187026016 039595 138.83 30.02 168.85
6187026017 083159 63.64 30.02 93.66
6187027003 039271 112.95 30.02 142.97
6188002034 035918 245.23 30.02 275.25
6188002038 036008 183.66 30.02 213.68
6188002047 036145 27.37 30.02 57.39
6188005010 035113 181.70 30.02 211.72
6188009032 035482 397.26 30.02 427.28
6188009032 036484 654.57 30.02 684.59
6188010024 035543 423.01 30.02 453.03
6188015009 036637 229.04 30.02 259.06
6188016015 035973 114.83 30.02 144.85
6188016019 036017 27.94 30.02 57.96
6188016019 036019 364.97 30.02 394.99
6188016024 041670 238.76 30.02 268.78
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6188017018 035975 426.48 30.02 456.50
6188017021 036010 442.25 30.02 472.27
6188017022 036493 156.18 30.02 186.20
6188017023 041635 428.84 30.02 458.86
6188017026 036022 85.50 30.02 115.52
6188017027 041614 93.60 30.02 123.62
6188017028 041622 61.12 30.02 91.14
6188018022 066588 108.55 30.02 138.57
6188018028 082646 375.81 30.02 405.83
6188018030 041748 122.29 30.02 152.31
6188018031 041760 484.84 30.02 514.86
6188018032 041768 299.67 30.02 329.69
6188018035 041801 61.12 30.02 91.14
6188018042 042138 307.00 30.02 337.02
6188019024 041678 746.16 30.02 776.18
6188019026 076977 121.18 30.02 151.20
6188019032 041770 183.66 30.02 213.68
6188023007 041809 425.08 30.02 455.10
6188023008 041799 200.00 30.02 230.02
6188023015 041723 653.87 30.02 683.89
6188023019 082307 281.26 30.02 311.28
6188023024 041676 183.66 30.02 213.68
6188023037 067021 451.81 30.02 481.83
6188024001 041655 426.18 30.02 456.20
6188024006 041725 422.39 30.02 452.41
6188024028 041773 428.21 30.02 458.23
6188025006 041719 147.26 30.02 177.28
6188025022 041771 122.29 30.02 152.31
6188025031 036324 61.12 30.02 91.14
6188025040 041804 183.66 30.02 213.68
6188026002 041742 187.35 30.02 217.37
6188026019 041764 83.66 30.02 113.68
6189002008 040811 378.53 30.02 408.55
6189002014 040804 471.05 30.02 501.07
6189003010 034763 654.65 30.02 684.67
6189003013 040892 61.12 30.02 91.14
6189004009 041017 61.37 30.02 91.39
6189004019 080684 654.59 30.02 684.61
6189005018 040666 328.52 30.02 358.54
6189005023 040571 423.01 30.02 453.03
6189005030 040546 428.87 30.02 458.89
6189006001 040659 25.44 30.02 55.46
6189006030 040526 883.79 30.02 913.81
6189006031 040542 145.81 30.02 175.83
6189007006 040978 277.31 30.02 307.33
6189007021 065742 549.18 30.02 579.20
6189008004 040963 61.12 30.02 91.14
6189008013 040956 47.08 30.02 77.10
6189008018 041890 422.39 30.02 452.41
6189009008 040631 202.43 30.02 232.45
6189009013 040771 86.64 30.02 116.66
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6189009017 066116 61.15 30.02 91.17
6189009018 040857 357.15 30.02 387.17
6189009019 040457 422.39 30.02 452.41
6189009021 040507 56.34 30.02 86.36
6189009024 040564 428.81 30.02 458.83
6189009029 040707 249.95 30.02 279.97
6189010009 040694 61.12 30.02 91.14
6189010023 040861 425.90 30.02 455.92
6189010032 040656 245.23 30.02 275.25
6189010033 040634 474.02 30.02 504.04
6189010034 075925 441.33 30.02 471.35
6189010037 040540 245.59 30.02 275.61
6189010042 040840 38.63 30.02 68.65
6189010045 040829 63.21 30.02 93.23
6189010046 040853 427.88 30.02 457.90
6189010048 040778 131.62 30.02 161.64
6189010048 040777 245.23 30.02 275.25
6189013046 075599 123.12 30.02 153.14
6189014043 040863 61.12 30.02 91.14
6189015019 042079 68.23 30.02 98.25
6189016042 040555 307.00 30.02 337.02
6189016042 040554 422.39 30.02 452.41
6189017013 040690 288.20 30.02 318.22
6189017018 035383 226.54 30.02 256.56
6189018018 036072 187.95 30.02 217.97
6189018027 036406 61.12 30.02 91.14
6189018028 080668 70.17 30.02 100.19
6189019035 041929 879.13 30.02 909.15
6189019036 035500 270.17 30.02 300.19
6189021003 035422 384.69 30.02 414.71
6189021004 035467 345.95 30.02 375.97
6189022005 035465 17.45 30.02 47.47
6189022032 035486 73.64 30.02 103.66
6189026023 035094 61.77 30.02 91.79
6189026044 080296 419.16 30.02 449.18
6189026051 041961 122.24 30.02 152.26
6189027002 035016 56.53 30.02 86.55
6189027035 041609 367.31 30.02 397.33
6189028008 035044 748.72 30.02 778.74
6189028018 041390 654.66 30.02 684.68
6189028019 035006 271.77 30.02 301.79
6189028052 035220 158.11 30.02 188.13
6189030014 042114 277.75 30.02 307.77
6189031014 035177 137.80 30.02 167.82
6189031025 082999 60.71 30.02 90.73
6189031025 041603 108.61 30.02 138.63
6189031025 065508 122.34 30.02 152.36
6189031025 041572 532.84 30.02 562.86
6189033005 034952 308.53 30.02 338.55
6189034008 042706 61.12 30.02 91.14
6189035011 081718 423.42 30.02 453.44
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6189035012 034938 371.30 30.02 401.32
6189036018 034943 246.82 30.02 276.84
6189037002 034767 244.57 30.02 274.59
6189037035 082943 324.23 30.02 354.25
6189037035 034771 422.39 30.02 452.41
6190001001 039252 118.23 30.02 148.25
6190001003 066170 428.88 30.02 458.90
6190002003 039286 61.17 30.02 91.19
6190002008 039418 307.00 30.02 337.02
6190002017 073382 61.12 30.02 91.14
6190003026 039278 61.12 30.02 91.14
6190004005 039585 81.59 30.02 111.61
6190004028 033699 93.60 30.02 123.62
6190005004 033681 187.27 30.02 217.29
6190005014 033657 477.45 30.02 507.47
6190006007 033595 181.75 30.02 211.77
6190006014 033728 428.10 30.02 458.12
6190009009 039903 657.01 30.02 687.03
6190009015 040003 655.58 30.02 685.60
6190009020 040120 422.39 30.02 452.41
6190009025 040283 85.64 30.02 115.66
6190010003 040250 183.66 30.02 213.68
6190010004 040219 147.05 30.02 177.07
6190011007 040123 428.88 30.02 458.90
6190011009 040029 428.82 30.02 458.84
6190013005 040212 470.17 30.02 500.19
6190013006 040398 366.01 30.02 396.03
6190013024 040044 337.94 30.02 367.96
6190014013 039977 61.12 30.02 91.14
6190015015 039967 650.31 30.02 680.33
6190015017 039941 73.68 30.02 103.70
6190016010 034440 93.60 30.02 123.62
6190016011 034453 157.65 30.02 187.67
6190016020 034364 59.43 30.02 89.45
6190016021 034337 428.88 30.02 458.90
6190016025 034218 424.08 30.02 454.10
6190016026 034186 61.84 30.02 91.86
6190017014 034446 324.83 30.02 354.85
6190018011 067326 276.45 30.02 306.47
6190018014 076484 365.41 30.02 395.43
6190018020 034175 529.92 30.02 559.94
6190019001 033806 181.32 30.02 211.34
6190019002 034199 51.67 30.02 81.69
6190019012 034304 414.34 30.02 444.36
6190019017 079137 195.73 30.02 225.75
6190020016 039501 93.98 30.02 124.00
6190020020 039587 222.85 30.02 252.87
6190021005 039362 245.23 30.02 275.25
6190021007 039330 61.12 30.02 91.14
6191003005 038254 245.23 30.02 275.25
6191003013 036792 424.50 30.02 454.52
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6191003016 038414 424.39 30.02 454.41
6191003018 041942 244.67 30.02 274.69
6191003022 038257 150.78 30.02 180.80
6191003028 038184 614.03 30.02 644.05
6191003030 081128 245.23 30.02 275.25
6191003031 081159 423.70 30.02 453.72
6191003032 081016 424.46 30.02 454.48
6191004004 080040 182.39 30.02 212.41
6191004004 080043 422.39 30.02 452.41
6191004004 080047 422.39 30.02 452.41
6191004004 080048 422.39 30.02 452.41
6191004019 038123 260.43 30.02 290.45
6191005006 038829 33.66 30.02 63.68
6191005008 038065 78.01 30.02 108.03
6191005029 038150 426.79 30.02 456.81
6191006003 038237 428.84 30.02 458.86
6191006004 038245 281.26 30.02 311.28
6191006010 038273 45.43 30.02 75.45
6191006010 038275 427.33 30.02 457.35
6191007014 038221 203.99 30.02 234.01
6191008006 038067 457.35 30.02 487.37
6191009007 036516 607.05 30.02 637.07
6191009034 033747 122.29 30.02 152.31
6191010011 033746 38.70 30.02 68.72
6191010013 041874 252.53 30.02 282.55
6191010034 038357 427.33 30.02 457.35
6191011003 041866 16.19 30.02 46.21
6191013016 038589 1,268.96 30.02 1,298.98
6191014012 033454 424.25 30.02 454.27
6191014018 038334 1,291.56 30.02 1,321.58
6191019005 075184 122.29 30.02 152.31
6191019012 039203 107.72 30.02 137.74
6191019021 033926 365.56 30.02 395.58
6191020002 039724 231.68 30.02 261.70
6191020008 064112 83.66 30.02 113.68
6191020014 064278 307.00 30.02 337.02
6191020018 041044 280.88 30.02 310.90
6191021001 039558 664.34 30.02 694.36
6191021007 076916 61.12 30.02 91.14
6191021013 042291 61.12 30.02 91.14
6191021014 039735 1,109.27 30.02 1,139.29
6191023001 084110 45.16 30.02 75.18
6191023007 037525 156.25 30.02 186.27
6191023010 039114 251.50 30.02 281.52
6191024004 042080 880.24 30.02 910.26
6191025013 042257 399.40 30.02 429.42
6191025017 041069 470.17 30.02 500.19
6191026003 040046 61.37 30.02 91.39
6191026006 040636 55.64 30.02 85.66
6191026026 039625 222.35 30.02 252.37
6191026034 041558 183.91 30.02 213.93
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6191027002 040443 35.11 30.02 65.13
6191027003 040437 488.20 30.02 518.22
6191027016 083066 590.71 30.02 620.73
6191027017 038325 853.68 30.02 883.70
6192001003 040582 33.35 30.02 63.37
6192001010 034570 61.12 30.02 91.14
6192001017 037981 649.91 30.02 679.93
6192001019 038835 122.29 30.02 152.31
6192002005 041580 245.23 30.02 275.25
6192002014 040258 122.29 30.02 152.31
6192003003 040991 428.36 30.02 458.38
6192003012 039802 657.01 30.02 687.03
6192003016 039669 307.60 30.02 337.62
6192004013 076591 438.69 30.02 468.71
6192007008 039014 187.66 30.02 217.68
6192008009 066339 122.29 30.02 152.31
6192008016 037625 423.70 30.02 453.72
6192008021 033904 81.34 30.02 111.36
6192008022 033460 122.29 30.02 152.31
6192009002 072272 195.31 30.02 225.33
6192009011 039236 306.20 30.02 336.22
6192010016 042314 397.77 30.02 427.79
6192011005 082057 183.66 30.02 213.68
6192011011 082949 194.46 30.02 224.48
6192011019 072146 12.82 30.02 42.84
6192013005 036814 93.60 30.02 123.62
6192013015 035992 61.12 30.02 91.14
6192013017 037425 479.74 30.02 509.76
6192014011 040071 61.12 30.02 91.14
6192015006 042180 428.84 30.02 458.86
6192015008 042328 425.30 30.02 455.32
6192015010 033424 226.88 30.02 256.90
6192016013 033971 446.51 30.02 476.53
6192018011 033423 61.12 30.02 91.14
6192018015 042313 553.38 30.02 583.40
6192019004 041214 224.05 30.02 254.07
6192019006 042235 549.27 30.02 579.29
6192019010 033413 452.50 30.02 482.52
6192019011 033426 651.64 30.02 681.66
6192019013 033419 95.06 30.02 125.08
6192019015 042312 61.12 30.02 91.14
6192019016 042276 148.52 30.02 178.54
6192019018 084141 106.96 30.02 136.98
6192019020 067627 502.44 30.02 532.46
6192020004 033449 62.34 30.02 92.36
6192021002 039395 21.88 30.02 51.90
6192021017 036669 93.60 30.02 123.62
6192021018 037436 82.98 30.02 113.00
6192022001 034414 124.10 30.02 154.12
6192022003 083771 61.12 30.02 91.14
6192022011 038158 195.35 30.02 225.37
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6192023006 042213 658.97 30.02 688.99
6192023007 042268 169.51 30.02 199.53
6192023012 040543 272.45 30.02 302.47
6192023014 040576 122.29 30.02 152.31
6192023032 042259 272.84 30.02 302.86
6193002003 073843 95.82 30.02 125.84
6193003006 073174 187.27 30.02 217.29
6193003015 076271 425.08 30.02 455.10
6193004005 041813 655.83 30.02 685.85
6193004011 033407 210.36 30.02 240.38
6193004014 042256 398.02 30.02 428.04
6193005006 072350 245.23 30.02 275.25
6193006018 033689 223.29 30.02 253.31
6193006023 033618 261.12 30.02 291.14
6193007009 033685 60.32 30.02 90.34
6193007019 033653 145.40 30.02 175.42
6193008013 033690 650.75 30.02 680.77
6193008016 033643 289.05 30.02 319.07
6193009002 040517 43.50 30.02 73.52
6193009012 072792 51.13 30.02 81.15
6193010002 033811 29.83 30.02 59.85
6193010008 033990 182.47 30.02 212.49
6193012004 033809 656.67 30.02 686.69
6193012008 033911 279.34 30.02 309.36
6193012018 034042 122.29 30.02 152.31
6193012023 033924 472.30 30.02 502.32
6193015008 043056 61.16 30.02 91.18
6193015024 040939 260.54 30.02 290.56
6193015025 040929 281.08 30.02 311.10
6193018002 040482 777.18 30.02 807.20
6193018008 040560 52.38 30.02 82.40
6193018022 040718 184.29 30.02 214.31
6193019001 040893 46.34 30.02 76.36
6193019006 034586 374.40 30.02 404.42
6193021009 041036 553.19 30.02 583.21
6193021019 040898 657.03 30.02 687.05
6193022001 040462 288.01 30.02 318.03
6193022003 040509 61.12 30.02 91.14
6193022012 040709 188.08 30.02 218.10
6193022016 040767 558.93 30.02 588.95
6193022023 042972 173.15 30.02 203.17
6193022030 072467 249.28 30.02 279.30
6194004030 041348 234.95 30.02 264.97
6194005007 041958 220.51 30.02 250.53
6194005014 042321 266.84 30.02 296.86
6194006018 033630 443.71 30.02 473.73
6194007007 033506 245.23 30.02 275.25
6194007031 033526 93.60 30.02 123.62
6194007033 079537 425.75 30.02 455.77
6194007033 079536 490.53 30.02 520.55
6194008005 042234 105.52 30.02 135.54
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6194008012 042334 99.42 30.02 129.44
6194009015 042317 462.57 30.02 492.59
6194010006 033481 307.00 30.02 337.02
6194010009 033522 548.15 30.02 578.17
6194010013 041335 91.97 30.02 121.99
6194010014 082409 61.37 30.02 91.39
6194010018 040342 428.84 30.02 458.86
6194010022 033451 57.29 30.02 87.31
6194011021 033614 1,267.12 30.02 1,297.14
6194011028 080198 122.24 30.02 152.26
6194012020 034103 150.78 30.02 180.80
6194012027 033841 1,075.06 30.02 1,105.08
6194012029 079521 425.90 30.02 455.92
6194013027 036945 428.84 30.02 458.86
6194013033 067580 61.00 30.02 91.02
6194014003 073949 245.91 30.02 275.93
6194015002 041456 61.50 30.02 91.52
6194015005 033821 245.23 30.02 275.25
6194015008 033903 48.67 30.02 78.69
6194015015 034084 93.60 30.02 123.62
6194015023 064572 61.62 30.02 91.64
6194015024 034028 93.60 30.02 123.62
6194015030 075566 122.70 30.02 152.72
6194015034 041501 353.46 30.02 383.48
6194016029 034490 53.56 30.02 83.58
6194016039 042065 427.54 30.02 457.56
6194017011 034405 428.84 30.02 458.86
6194018013 034449 366.99 30.02 397.01
6194022001 041418 1,085.80 30.02 1,115.82
6194022009 034706 74.39 30.02 104.41
6194022016 081645 416.02 30.02 446.04
6194022019 034691 197.37 30.02 227.39
6194023001 083227 1,421.43 30.02 1,451.45
6194023002 034530 674.52 30.02 704.54
6194024001 041611 122.29 30.02 152.31
6194024004 041629 326.30 30.02 356.32
6194024008 041645 225.59 30.02 255.61
6194024011 041630 183.66 30.02 213.68
6194024017 034709 799.64 30.02 829.66
6194024025 075839 40.00 30.02 70.02
6194025015 075240 183.66 30.02 213.68
6194026010 080608 355.37 30.02 385.39
6194026020 067655 425.08 30.02 455.10
6194027004 076529 322.68 30.02 352.70
6194027007 034106 307.59 30.02 337.61
6194027009 036313 423.70 30.02 453.72
6194027012 034012 500.37 30.02 530.39
6194027034 033917 83.99 30.02 114.01
6194028003 033732 35.75 30.02 65.77
6207009023 038402 283.65 30.02 313.67
6207010004 036662 431.98 30.02 462.00
APN Customer ID Delinquent
Amount
Total Estimated
Administration
Expenses*
Total
Estimated
Charge*
6208011003 038023 854.05 30.02 884.07
6208011006 038063 95.06 30.02 125.08
6208013003 042076 557.45 30.02 587.47
6208013005 037872 426.78 30.02 456.80
6208013006 037883 576.60 30.02 606.62
6208013008 037913 94.03 30.02 124.05
6208013017 037885 258.70 30.02 288.72
6208014003 038028 95.06 30.02 125.08
6208014008 038113 245.23 30.02 275.25
6208014012 038177 265.58 30.02 295.60
6208014013 033404 61.12 30.02 91.14
6208014023 038016 650.75 30.02 680.77
6208016018 037916 611.20 30.02 641.22
6208017008 038174 426.50 30.02 456.52
6208017012 038167 61.12 30.02 91.14
6208017020 083570 61.17 30.02 91.19
6208018043 080794 252.26 30.02 282.28
6218004061 073025 183.66 30.02 213.68
6218009078 041040 654.32 30.02 684.34
6218013035 066601 245.23 30.02 275.25
6218024001 040750 451.36 30.02 481.38
6219024014 041212 657.00 30.02 687.02
6219030014 041235 470.83 30.02 500.85
6220017015 041286 38.66 30.02 68.68
6223009002 039074 246.41 30.02 276.43
6223009004 039118 83.43 30.02 113.45
6223009046 039152 419.50 30.02 449.52
6223010020 039266 658.51 30.02 688.53
6223010021 039245 164.94 30.02 194.96
6223015018 041132 647.26 30.02 677.28
Totals: $307,226.79 $31,460.96 $338,687.75
*Amount is subject to change.
RESOLUTION NO. ________
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AUTHORI
ZING AND DIRECTING THE COUNTY ASSESSOR TO LEVY AND
COLLECT DELINQUENT REFUSE BILLS AGAINST SINGLE FAMILY RESIDENTIAL PARCELS (UP TO THREE UNITS) FOR FISCAL YEAR 2024-2025 ON THE COUNTY
TAX ROLL AND DIRECTING THE COUNTY ASSESSOR TO INCLUDE RESIDENTIAL REFUSE BILLS FROM WASTE RESOURCES, INC. (WRI) AS A SPECIAL
ASSESSMENT TO BE COLLECTED AT THE SAME TIME AND IN THE SAME MANNER AS COUNTY TAXES FOR FY 2024-2025
WHEREAS, Section 38790.1 of the California Government Code authorizes cities to collect delinquent refuse bills via a spec ial assessment to be collected with county taxes; and
WHEREAS, Section 5473 of the H ealth and Safety Code allows any entity, by a two-thirds vote of the members of the legislative body, to elect to have refuse and garbage collection on the property tax roll; and
WHEREAS, on July 16, 2024, the City Council adopted a resolution on the City’s intent to levy and collect delinquent refuse charges on the property tax roll against residential parcels (up to three units) for Fiscal Year 2024-2025 and set the public hearing for August 6, 2024; and
WHEREAS, written notice of the public hearing was mailed to the affected landowners and published in the local newspaper; and
WHEREAS, the City Council has held the public hearing on the placement of delinquent refuse charges on the county tax roll; and
WHEREAS, in accordance with this resolution property owners can pay their delinquent refuse bill following the public hearing, without delaying the submittal of the list of delinquent amounts per parcel to the County.
NOW, THEREFORE, THE CITY COUNCI L OF THE CITY OF LYNWOOD DOES HEREBY RESOLVE AS FOLLOWS:
Section 1. Each delinquent refuse bill sha ll be increased by an amount not to exceed the actual costs incurred and charged to the City of Lynwood for placing the delinquent refuse bills on the property tax roll via a special assessment, in addition to the administrative costs incurred by the City for placing the delinquent charges on the tax roll.
Section 2. Each delinquent refuse bill s hall be increased by the City’s administrative costs to compensate the City for administrative costs incurred for collecting delinquent refuse bills via a special assessment.
Section 3. The list of properties and the amount to be collected attached as Exhibit “A,” shall be forwarded to the County Assessor for posting on the tax bill as a special assessment. Exhibit “A”, including the parce ls and amounts, may be modified prior to 30 placing the delinquent bills on the property tax roll when delinquent refuse charges are paid following the public hearing.
PASSED, APPROVED and ADOPTED this 6th day of August, 2024. _______________________________
José Luis Solache
ATTEST:
Mayor
__________________________
María Quiñonez
City Clerk
A
PPROVED AS TO FORM:
__________________________
Noel Tapia
City Attorney
_________________________________
Julian Lee
Interim City Manager
APPROVED AS TO CONTENT:
_________________________________
Harry Wong
Director of Finance and Administration
31 STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, María Quiñonez, the undersi gned, City Clerk of the Cit y of Lynwood, do hereby certify that the foregoing re solution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held by the City Council of the City of Lynwood at a meeting held on 6th day of August, 2024.
AYES:
NOES:
ABSENT:
ABSTAIN:
_________________________________
María Quiñonez
City Clerk
STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, Maria Quiñonez, 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 ___ day of ____, 2024.
_________________________________
María Quiñonez
City Clerk
32 AGENDA STAFF REPORT
DATE:
August
6, 2024
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Julian Lee, Interim City Manager
PREPARED BY:
Gabriel Linares, Director of Community Development
SUBJECT:
ADOPTION OF 2021-2029 HOUSING ELEMENT AND RELATED
ACTIONS: GENERAL PLAN AMENDMENT NO. GPA 2024-01 AND
ORDINANCE TO AMEND THE LYNWOOD MUNICIPAL CODE IN ORDER
TO ADOPT AND IMPLEMENT THE LYNWOOD GENERAL PLAN 2021-
2029 HOUSING ELEMENT.
Agenda Item # 8.2.
Recommendation:
The item will be continued to the next regular meeting.
Background:
Discussion and Analysis:
Fiscal Impact:
Coordinated With:
City Manager's Office
City Council City Council Regular Meeting 33
City Attorney
City Council City Council Regular Meeting 34
AGENDA STAFF REPORT
DATE:
August
6, 2024
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Julian Lee, Interim City Manager
PREPARED BY:
Harry Wong, Director of Finance & Administration
Mohammad Islam, Accounting Technician
SUBJECT:
APPROVAL OF THE WARRANT REGISTER
8-6-2024-CC - WARRANT
RESOLUTION TEMPLATE-2024.pdf
WARRANT RUN 8-06-2024-CC.pdf
Agenda Item # 9.1.
Recommendation:
Staff respectfully recommends that the City Council of the City of Lynwood approve the warrant register dated August 06,2024 for FY 2023-2024 and 2024-2025 Background:
N/A
Discussion and Analysis:
N/A
Fiscal Impact:
FY 2023-2024 and FY 2024-2025
Coordinated With:
City Manager
City Attorney
ATTACHMENTS:
Description
City Council City Council Regular Meeting 35
RESOLUTION NO. 2024.xxx
Warrant Registers Dated 08-6-2024
PASSED, APPROVED and ADOPTED this 6th day of August 2024.
Jose Luis Solache, Mayor
ATTEST:
__________________________
Maria Quiňonez, Julian Lee,
City Clerk Interim City Manager
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
________
Noel Tapia, Harry Wong,
City Attorney Director of Finance and Administration
36 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 6th day of August 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 6th day of August 2024.
__________________________ Date: _________________________ Maria Quiňonez,
City Clerk
37 apCkHist Void Check Listing Page:1
07/30/2024 3:39PM City of Lynwood
Bank code: apbank
Void Check# Date Vendor ClearNoid Date Invoice Inv. Date Amount Paid Check Total 209461 12/19/2023 001994 ALIN'S PARTY SUPPLY CO. 07/16/2024 LOST IN MAIL-211352 11/29/2023 180.16 180.16 210656 05/07/2024 005635 SO.COAST AIR QUALITY 07/15/2024 WRONG PAYMENT 03/01/2024 251.11 07/15/2024 4322233 03/01/2024 251.11
07/15/2024 4322234 03/01/2024 251.11 753.33
210857 06/04/2024 014221 APRIL ROSS 07/30/2024 LOST IN MAIL-211542 03/20/2024 186.00 07/30/2024 002899-0022 03/14/2024 100.00 286.00
210866 06/04/2024 006772 SEA CLEAR POOL, INC. 07/15/2024 SERVICE CANCELLED 05/01/2024 2,995.00 2,995.00 211055 06/26/2024 012089 SHUTTERS LINK&WINDOW 07/30/2024 LOST IN MAIL-211543 03/29/2024 608.00 608.00 211077 06/26/2024 000802 KENNETH WEST 07/15/2024 WRONG INV NUM-211338 05/29/2024 50.00 50.00 211133 07/02/2024 014277 LORI WINFERY 07/15/2024 VENDOR NAME-211335 05/28/2024 200.00 07/15/2024 003002-0027 05/28/2024 186.00 386.00
211313 07/16/2024 000163 SOUTHERN CALIFORNIA 07/30/2024 WRONG INV NUM-211544 05/16/2024 794.75 07/30/2024 700256248075-050924 05/09/2024 565.11 1,359.86 211329 07/16/2024 008657 WASTE RESOURCES, INC. 07/30/2024 WRONG INV NUM-211545 06/17/2024 752.17 07/30/2024 037124-050124 05/01/2024 61.12 813.29
211332 07/16/2024 000181 WHITTIER FERTILIZER 07/30/2024 WRONG INV NUM-211546 06/20/2024 5,398.24 5,398.24 apbank Total: 12,829.88
10 checks in this report Total Checks: 12,829.88
Page:1
38 vchlist Electronic Financial Transaction List Page: 2 07/17/2024 1:13:26PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 1960 6/5/2024 013091 PERS 457 Ben162203 DEF COMP - PERS 457: PAYMENT 2,880.92 Total: 2,880.92
1961 6/5/2024 010069 NATIONWIDE RETIREMENT SOLUTION Ben162205 DEF COMP - NATIONWIDE: 500.00 Total: 500.00
1964 6/5/2024 013090 PERS Ben162237 PERS: PAYMENT 72,720.63 Total: 72,720.63
1966 6/20/2024 010069 NATIONWIDE RETIREMENT SOLUTION Ben162522 DEF COMP- NATIONWIDE: 12,251.48 Total: 12,251.48
1967 6/13/2024 005794 INTERNAL REVENUE SERVICE Ben162524 SOCIAL SECURITY: PAYMENT 46,779.55 Total: 46,779.55
1968 6/18/2024 013090 PERS Ben162526 PERS: PAYMENT 71,670.67 Total: 71,670.67
1969 6/25/2024 012556 KEENAN & ASSOCIATES Ben162528 DELTA DENTAL: PAYMENT 4,636.79 Total: 4,636.79
1970 6/18/2024 013073 CALPERS INSURANCE Ben162530 BLUE SHIELD ACCESS+: PAYMENT 62,180.84 Total: 62,180.84
1971 6/14/2024 001357 EMPLOYMENT DEVELOPMENT DEPT. Ben162532 STATE DISABILITY INS.: PAYMENT 15,037.44 Total: 15,037.44
1972 6/25/2024 013473 CONTROLLING INSURANCE COST IN, Ben162534 VISION: PAYMENT 507.84 Total: 507.84
1973 6/21/2024 013091 PERS 457 Ben162536 DEF COMP- PERS 457: PAYMENT 7,161.04 Total: 7,161.04
1974 6/20/2024 013507 NATIONWIDE RETIREMENT SOLUTION Ben162538 401A: PAYMENT 533.01 Total: 533.01
1975 6/25/2024 012556 KEENAN & ASSOCIATES Ben162831 DELTA DENTAL: PAYMENT 92.48 Page: 2
39 vchlist Electronic Financial Transaction List Page: 3 07/17/2024 1:13:26PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 1975 6/25/2024 012556 012556 KEENAN & ASSOCIATES (Continued) Total: 92.48 1976 6/27/2024 005794 INTERNAL REVENUE SERVICE Ben162833 SOCIAL SECURITY: PAYMENT 772.58 Total: 772.58
1977 6/28/2024 013090 PERS Ben162835 PERS: PAYMENT 1,049.31 Total: 1,049.31
1978 6/25/2024 013473 CONTROLLING INSURANCE COST IN, Ben162837 VISION: PAYMENT 30.63 Total: 30.63
1981 6/18/2024 013073 CALPERS INSURANCE Ben162843 PERS PLATINUM - MONTHLY: 1,131.47 Total: 1,131.47
1982 6/25/2024 012556 KEENAN & ASSOCIATES Ben162866 DELTA DENTAL: PAYMENT 4,436.10 Total: 4,436.10
1983 6/27/2024 005794 INTERNAL REVENUE SERVICE Ben162868 SOCIAL SECURITY: PAYMENT 72,004.69 Total: 72,004.69
1984 6/18/2024 013073 CALPERS INSURANCE Ben162870 BLUE SHIELD ACCESS+: PAYMENT 64,019.83 Total: 64,019.83
1985 6/28/2024 013090 PERS Ben162872 PERS: PAYMENT 70,164.21 Total: 70,164.21
1986 6/25/2024 013473 CONTROLLING INSURANCE COST IN, Ben162874 VISION: PAYMENT 487.79 Total: 487.79
1989 6/27/2024 001357 EMPLOYMENT DEVELOPMENT DEPT. Ben162880 STATE DISABILITY INS.: PAYMENT 21,333.25 Total: 21,333.25
1006110 6/25/2024 013473 CONTROLLING INSURANCE COST IN, 0134 73-063024 RETIREE PREMIUM-VISION-CICCS 941.62 Total: 941.62
1006112 6/25/2024 012556 KEENAN & ASSOCIATES 011076-063024 RETIREE PREMIUM- 7,664.79 Total: 7,664.79
1006113 6/18/2024 013073 CALPERS INSURANCE 100000017576068 RETIREE PREMIUM-HEAL TH FEE 19,650.04 Page: 3
40 vchlist
07/17/2024
Bank code:
Voucher
1006113
1006114
1006115
1006116
1:13:26PM
apbank
Date Vendor
6/18/2024 013073 CALPERS INSURANCE
6/25/2024 013121 AUL HEAL TH BENEFIT TRUST C/O,
6/20/2024 000124 CITY OF LYNWOOD
6/26/2024 013090 PERS
29 Vouchers for bank code :
29 Vouchers in this report
apbank
Electronic Financial Transaction List
City of Lynwood
Invoice PO#
(Continued)
100000017576069
013121-073124
36638-36670
36683-36721
100000017582139
100000017582665
Page: 4
Description/Account Amount
RETIREE PREMIUM-HEAL TH FEE 328.60
Total: 19,978.64
RETIREE PREMIUM-MEDICAL JULY 70,434.47
Total: 70,434.47
REPLENISH WORKERS COMP-APRIL 24,927.47
REPLENISH WORKERS COMP-MAY 39,277.91
Total: 64,205.38
1959 SURVIVOR BILLING 2,142.40
1959 SURVIVOR BILLING 4,180.80
Total: 6,323.20
Bank total: 701,930.65
Total vouchers: 701,930.65
Page: 4
41 vchlist Prepaid-Check List Page: 5
07/16/2024 4:11:13PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211335 7/11/2024 014277 WINFERY, LORI 003002-0026 REFUNDABLE DEPOSIT-EVENT 200.00 003002-0027 REFUND-SECURITY SERVICE FEE 186.00
Total: 386.00
211336 7/11/2024 005282 FRANCHISE TAX BOARD Ben163174 FRANCHISE TAX BOARD: PAYMENT 951.83 Total: 951.83
211337 7/11/2024 013084 LE, JESSICA Ben163176 JESSICA HERRERA: PAYMENT 293.00 Total: 293.00
211338 7/11/2024 000802 WEST, KENNETH 000802-051424 COMMISSIONER STIPEND 50.00 Total: 50.00
211339 7/11/2024 004285 AVANT GARDE, INC. 10458 06-010087 PROF & CONTRACTUAL SERVICES 1,459.00 10459 06-010087 PROF & CONTRACTUAL SERVICES 600.00
10460 06-010087 PROF & CONTRACTUAL SERVICES 1,000.00
10461 06-010087 PROF & CONTRACTUAL SERVICES 325.00
10462 06-010087 PROF & CONTRACTUAL SERVICES 2,000.00
10464 06-010087 PROF & CONTRACTUAL SERVICES 750.00
Total: 6,134.00
211340 7/11/2024 010754 COOL IMAGE WATER, DBA/ AMERICAN 2244-1 PROF & CONTRACTUAL SERVICES 17.03 Total : 17.03
211341 7/11/2024 011188 INSURANCE COMPANY, THE LINCOLN 4713537224 STD AND LTD PREMIUM 5,267.81 Total: 5,267.81
211342 7/11/2024 000486 LIBERTY UTILITIES 200006750273-070224 UTILITY EXPENSE 92.09 200006750281-050724 UTILITY EXPENSE 49.30
200006750299-020724 UTILITY EXPENSE 49.30
Total: 190.69
211343 7/11/2024 006772 SEA CLEAR POOL, INC. 24-1685 06-010049 REPAIRS AND MAINT EXPENSE 2,995.00 Total: 2,995.00
211344 7/11/2024 005635 SO.COAST AIR QUALITY MGT DIST. 4322232 FEES FOR SERVICES 251.11 4322233 FEES FOR SERVICES 251.11
Page: 5
42 vchlist Prepaid-Check List Page: 6
07/16/2024 4:11:13PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211344 7/11/2024 005635 SO.COAST AIR QUALITY MGT DIST. (Continued} 4322234 FEES FOR SERVICES 251.11
Total: 753.33
211345 7/11/2024 000163 SOUTHERN CALIFORNIA EDISON 000163-071124 LIGHT & POWER SERVICE 76,078.02 Total: 76,078.02
211346 7/11/2024 013288 SPECTRUM 0244895060124 INTERNET SERVICES 228.93 Total: 228.93
211347 7/11/2024 013288 SPECTRUM 0543478061624 INTERNET SERVICES 219.98 Total: 219.98
211348 7/11/2024 013288 SPECTRUM 0603173061524 INTERNET SERVICES 179.98 Total: 179.98
211349 7/11/2024 013288 SPECTRUM 0031912061624 INTERNET SERVICES 161.74 Total : 161.74
211350 7/11/2024 012489 TRIPEPI, SMITH AND ASSOCIATES 12640 01-001813 PROF & CONTRACTUAL SERVICES 589.64 Total: 589.64
211351 7/11/2024 001302 U.S. BANK 001302-061724 BANK CARD CHARGES 13.95 001302-061724-A BANKCARD CHARGES 734.13
001302-061724-8 BANKCARD CHARGES 10,515.05
001302-061724-C BANKCARD CHARGES 1,098.55
001302-061724-D BANKCARD CHARGES 1,082.65
001302-061724-E BANKCARD CHARGES 4,108.81
001302-061724-F BANKCARD CHARGES 583.49
001302-061724-G BANKCARD CHARGES 2,719.23
Total: 20,855.86
211352 7/16/2024 001994 ALIN'S PARTY SUPPLY CO. 558172 08-005198 COMMUNITY ACTIVITY EXPENSE 180.16 Total: 180.16
Page: 6
43 vchlist Prepaid-Check List Page: 7
07/24/2024 11:10:26AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 211353 7/24/2024 006399 AT&T 000021936238 TELEPHONE SERVICES 773.59 000021937451 TELEPHONE SERVICES 207.08
000021971232 TELEPHONE SERVICES 27.30
000021974500 TELEPHONE SERVICES 111.81
000021974502 TELEPHONE SERVICES 29.12
000021974503 TELEPHONE SERVICES 339.86
000021974505 TELEPHONE SERVICES 82.69
000021974509 TELEPHONE SERVICES 111.81
000021974513 TELEPHONE SERVICES 29.12
000021974619 TELEPHONE SERVICES 56.69
000021974620 TELEPHONE SERVICES 56.69
Total: 1,825.76
211354 7/24/2024 005344 AT&T MOBILITY 287260367753X070824 UTILITY EXPENSE 3,488.34 287341717172X070424 UTILITY EXPENSE 1,121.52
Total: 4,609.86
211355 7/24/2024 005344 AT&T MOBILITY 333404869-080824 INTERNET SERVICE EXPENSE 240.75 Total: 240.75
211356 7/24/2024 001330 CANON FINANCIAL SERVICES, INC. 33526948 CANON LEASE PAYMENT 759.67 Total: 759.67
211357 7/24/2024 000955 CENTRAL BASIN MUNICIPAL WATER LYN-JUN24 06-010040 PROF & CONTRACTUAL SERVICES 4,512.34 Total: 4,512.34
211358 7/24/2024 001987 DISTRICT OF SOUTHERN CALIF., WATER CBWM24-063 06-010183 PROF & CONTRACTUAL SERVICES 7,917.69 Total: 7,917.69
211359 7/24/2024 012011 GRANICUS 186299 12-000478 PROF & CONTRACTUAL SERVICES 9,101.96 Total: 9,101.96
211360 7/24/2024 000163 SOUTHERN CALIFORNIA EDISON 000163-071724 LIGHT & POWER SERVICE 9,539.97 Total: 9,539.97
211361 7/24/2024 001382 SOUTHERN CALIFORNIA EDISON CO. 7590561320 PROF & CONTRACTUAL SERVICES 9,565.19 Page: 7
44 vchlist
07/24/2024 11:10:26AM
Bank code: apbank
Voucher Date Vendor
Prepaid-Check List
City of Lynwood
Invoice
211361
211362
7/24/2024 001382 001382 SOUTHERN CALIFORNIA EDISON (Continued) 7/24/2024 013288 SPECTRUM
211363 7/24/2024 011612 THE WALKING MAN, INC.
211364 7/24/2024 002386 T-MOBILE USA, INC
211365 7/24/2024 011963 WEX BANK
0244895070124
F3373
F3525
983463843-062024
98341994
Page: 8
PO# Description/ Account Amount
Total: 9,565.19
INTERNET SERVICE EXPENSE 228.93
Total: 228.93
FEES FOR SERVICES 625.00
FEES FOR SERVICES 625.00
Total: 1,250.00
TELEPHONE SERVICE 483.96
Total: 483.96
06-009989 FUEL CHARGES FOR CITY 9,889.57
Total: 9,889.57
Bank total:
Page: 8
45 vchlist
07/30/2024
Bank code:
Voucher
211541
211542
211543
211544
211545
211546
3:02:27PM
apbank
Date Vendor
7/30/2024 006321 JIMENEZ CARPET
7/30/2024 014221 ROSS, APRIL
7/30/2024 012089 SHUTTERS LINK&WINDOW FASHIONS
7/30/2024 000163 SOUTHERN CALIFORNIA EDISON
7/30/2024 008657 WASTE RESOURCES, INC.
7/30/2024 000181 WHITTIER FERTILIZER COMPANY
37 Vouchers for bank code :
37 Vouchers in this report
apbank
Prepaid-Check List
City of Lynwood
Invoice ---------
INV-1162
002899-0022
002908-0056
3617-1
700256248075-050924
700491181166-051624
037124-050124
081443-061724
412523
412524
412527
412528
412530
412531
PO#
08-005270
06-010018
06-010018
06-010018
06-010018
06-010018
06-010018
Description/Account
REPAIRS AND MAINT EXPENSE
Total:
EVENT REFUNDABLE
REFUND- SECURITY SERVICE
Total:
SUPPLIES EXPENSE
Total:
UTILITY ASSISTANCE
UTILITY ASSISTANCE
Total:
UTILITY ASSISTANCE
UTILITY ASSISTANCE
Total:
OPERATING SUPPLIES
OPERATING SUPPLIES
OPERATING SUPPLIES
OPERATING SUPPLIES
OPERATING SUPPLIES
OPERATING SUPPLIES
Total:
Bank total:
Total vouchers:
Page: 9
Amount
8,483.23
8,483.23
100.00
186.00
286.00
608.00
608.00
565.11
794.75
1,359.86
61 .12
752.17
813.29
354.86
1,670.45
589.36
986.45
1,356.30
440.82
5,398.24
192,407.27
192,407.27
Page: 9
46 vchlist Check List - FY 2023-24 Page: 10
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211366 8/6/2024 000743 ADMINISTRATIVE SVCS. CO-OP 240613 08-005196 PROF & CONTRACTUAL SERVICES 12,115.99 Total: 12,115.99
211367 8/6/2024 001994 ALIN'S PARTY SUPPLY CO. 616030 08-005198 COMMUNITY ACTIVITY EXPENSE 445.09 Total: 445.09
211368 8/6/2024 010067 ALL AMERICAN ASPHALT 206325 06-010148 PROF & CONTRACTUAL SERVICES 179,084.75 207303 06-010063 PROF & CONTRACTUAL SERVICES 31,453.37
Total: 210,538.12
211369 8/6/2024 007439 ALL CITY MANAGEMENT SVCS, INC. 94458 11-002279 PROF & CONTRACTUAL SERVICES 4,871.39 Total: 4,871.39
211370 8/6/2024 011719 ALL ST AR ELITE SPORTS 4377 08-005239 SUPPLIES EXPENSE-EVENT 973.45 Total: 973.45
211371 8/6/2024 010746 ALVAREZ-GLASMAN & COLVIN 2024-04-21120-CD 01-001805 LEGAL SERVICES 2,946.00 2024-04-21120-CL 01-001805 LEGAL SERVICES 792.00
2024-04-21120-CM 01-001805 LEGAL SERVICES 7,288.00
2024-04-21120-CO 01-001805 LEGAL SERVICES 6,039.00
2024-04-21120-FIN 01-001805 LEGAL SERVICES 1,665.00
2024-04-21120-HR 01-001805 LEGAL SERVICES 488.08
2024-04-21120-PW 01-001805 LEGAL SERVICES 1,899.50
2024-04-21121 01-001787 LEGAL SERVICES 3,055.00
2024-04-21122-LIT 01-001805 LEGAL SERVICES 106.00
2024-04-21122-PER 01-001805 LEGAL SERVICES 2,888.50
2024-04-21122-SA 01-001805 LEGAL SERVICES 795.00
2024-04-21123-AT 01-001805 LEGAL SERVICES 556.50
2024-04-21124-ATP 01-001805 LEGAL SERVICES 2,597.00
2024-04-21125-SS 01-001805 LEGAL SERVICES 689.00
Total: 31,804.58
211372 8/6/2024 013738 AMAZON CAPITAL SERVICES INC 19PT-HWLJ-H 14F SUPPLIES EXPENSE 17.62 1F3M-VQYH-Y 4QQ SUPPLIES EXPENSE 15.42
1FP9-RDH 1-CLLC SUPPLIES EXPENSE 62.52
1 H99-GPKM-N1 FY SUPPLIES EXPENSE 114.82
Page: 10
47 vchlist Check List - FY 2023-24 Page: 11
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211372 8/6/2024 013738 AMAZON CAPITAL SERVICES INC (Continued} 1 HMF-1 FVG-G4W1 SUPPLIES EXPENSE 192.68
1 M39-FNMF-V4YL SUPPLIES EXPENSE 833.00
Total: 1,236.06
211373 8/6/2024 003312 AMERICAN RENTALS 554547 RENTAL EXPENSE 722.68 Total: 722.68
211374 8/6/2024 000012 AQUA METRIC SALES CO. INV0102912 06-009845 PROF & CONTRACTUAL SERVICES 276,800.49 Total: 276,800.49
211375 8/6/2024 001516 AUDITOR CONTROLLER, COUNTY 001516-062724 FEES FOR SERVICES 2,642.69 Total: 2,642.69
211376 8/6/2024 010487 AUTOZONE WEST, INC. 5446046590 06-010056 SUPPLIES EXPENSE 38.58 5446053359 06-010056 SUPPLIES EXPENSE 105.82
5446113483 06-010056 SUPPLIES EXPENSE 59.28
5446139264 06-010056 SUPPLIES EXPENSE 157.08
5446146389 06-010056 SUPPLIES EXPENSE 165.37
5446170986 06-010056 SUPPLIES EXPENSE 9.12
5446178822 06-010056 SUPPLIES EXPENSE 170.22
5446189396 06-010056 SUPPLIES EXPENSE 155.50
5446201847 06-010056 SUPPLIES EXPENSE 75.39
5446226265 06-010056 SUPPLIES EXPENSE 47.08
5446237346 06-010056 SUPPLIES EXPENSE 210.36
5446253473 06-010056 SUPPLIES EXPENSE 18.83
5446336587 06-010056 SUPPLIES EXPENSE 48.58
Total: 1,261.21
211377 8/6/2024 004005 BEST BUY GOV., LLC 8284115 08-005259 SUPPLIES EXPENSE 2,984.77 Total: 2,984.77
211378 8/6/2024 005848 BOWMAN INFRASTRUCTURE ENG LTD 29132 06-010088 PROF & CONTRACTUAL SERVICES 20,400.00 29176 06-010088 PROF & CONTRACTUAL SERVICES 21,080.00
29207 06-010088 PROF & CONTRACTUAL SERVICES 22,000.00
29208 06-010088 PROF & CONTRACTUAL SERVICES 16,000.00
29209 06-010139 PROF & CONTRACTUAL SERVICES 15,000.00
Page: 11
48 vchlist
07/29/2024
Bank code:
Voucher
211378
211379
211380
211381
211382
211383
4:45:59PM
apbank
Date Vendor
Check List - FY 2023-24
City of Lynwood
Invoice
8/6/2024 005848 BOWMAN INFRASTRUCTURE ENG LTD (Continued) 8/6/2024 014178 BROWNBRIDGE CONSTRUCTION
8/6/2024 012044 C&S CONSTRUCTION
8/6/2024 000032 CAL ADDISON
8/6/2024 014285 CASTRO, BERLIN CIARA
8/6/2024 001195 CDW GOVERNMENT
29215
29246
29265
29266
29267
29289
29290
436704
436705
436706
436725
436726
436728
436730
436761
441624
1017
CITYOF-0006
11505-1
11505-2
703949
014285-2023
SB16496
PO#
06-010088
06-010088
06-010088
06-010088
06-010139
06-010088
06-010088
06-010088
06-010088
06-010088
06-010088
06-010088
06-010139
06-010106
06-010088
11-002280
06-010167
06-010167
11-002327
11-002327
06-010144
06-010169
06-010169
Page: 12
Description/Account Amount
PROF & CONTRACTUAL SERVICES 2,493.00
PROF & CONTRACTUAL SERVICES 19,720.00
PROF & CONTRACTUAL SERVICES 6,038.00
PROF & CONTRACTUAL SERVICES 16,000.00
PROF & CONTRACTUAL SERVICES 17,000.00
PROF & CONTRACTUAL SERVICES 193.50
PROF & CONTRACTUAL SERVICES 450.00
PROF & CONTRACTUAL SERVICES 1,026.00
PROF & CONTRACTUAL SERVICES 150.00
PROF & CONTRACTUAL SERVICES 14,000.00
PROF & CONTRACTUAL SERVICES 12,000.00
PROF & CONTRACTUAL SERVICES 11 ,730.00
PROF & CONTRACTUAL SERVICES 20,000.00
PROF & CONTRACTUAL SERVICES 170.00
PROF & CONTRACTUAL SERVICES 23,120.00
PROF & CONTRACTUAL SERVICES 2,288.00
Total: 240,858.50
REPAIRS AND MAINT EXPENSE 1,030.00
REPAIRS AND MAINT EXPENSE 3,050.00
Total: 4,080.00
PROF & CONTRACTUAL SERVICES 8,955.00
PROF & CONTRACTUAL SERVICES 21,326.00
Total: 30,281.00
REPAIRS AND MAINTENANCE 160.00
Total: 160.00
SCHOLARSHIP PAYMENT 300.00
Total: 300.00
OFFICE SUPPLIES EXPENSE 1,594.95
Total: 1,594.95
Page: 12
49 vchlist Check List - FY 2023-24 Page: 13
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211384 8/6/2024 006573 CENTRAL FORD AUTOMOTIVE, INC. 40389 06-010042 REPAIRS AND MAINT EXPENSE 254.29 40830 06-010042 REPAIRS AND MAINT EXPENSE 254.29
Total: 508.58
211385 8/6/2024 000657 CENTURY RADIATORS 0105 06-010032 REPAIRS AND MAINT EXPENSE 123.46 0109 06-010032 REPAIRS AND MAINT EXPENSE 123.43
0111 06-010032 REPAIRS AND MAINT EXPENSE 123.43
1375 06-010032 REPAIRS AND MAINT EXPENSE 886.91
1377 06-010032 REPAIRS AND MAINT EXPENSE 278.23
1378 06-010032 REPAIRS AND MAINT EXPENSE 972.73
Total: 2,508.19
211386 8/6/2024 010126 CHARGEPOINT, INC. IN170108 06-010129 PROF & CONTRACTUAL SERVICES 4,830.00 IN200178 06-010129 PROF & CONTRACTUAL SERVICES 430.13
Total: 5,260.13
211387 8/6/2024 009302 CHESSER, CHRISTINE 009302-0629 FEES FOR SERVICES 250.00 Total: 250.00
211388 8/6/2024 000702 CINTAS DOCUMENT MANAGEMENT 8406855241 05-001968 FEES FOR SERVICES 870.98 Total: 870.98
211389 8/6/2024 003372 CITY OF LYNWOOD 20-07600-05-061224 UTILITY ASSISTANCE 2,544.37 20-33700-04-043024 UTILITY ASSISTANCE 289.38
21-12800-10 -061224 UTILITY ASSISTANCE 235.32
21-38100-05-052224 UTILITY ASSISTANCE 97.93
22-21600-05 -061224 UTILITY ASSISTANCE 1,104.81
23-19400-05-043024 UTILITY ASSISTANCE 219.50
23-19400-05-063024 UTILITY ASSISTANCE 324.22
Total: 4,815.53
211390 8/6/2024 003372 CITY OF LYNWOOD 21-13500-02- UTILITY ASSISTANCE 495.78 23-14500-08-043024 UTILITY ASSISTANCE 1,103.07
33-01800-09 -062824 UTILITY ASSISTANCE 1,950.42
51-06100-03-053024 UTILITY ASSISTANCE 1,169.51
Total: 4,718.78
211391 8/6/2024 001571 CLINICAL LAB OF SAN BERNARDINO 240101 0-LYN01 06-010006 FEES FOR SERVICES 810.00 Page: 13
50 vchlist Check List - FY 2023-24 Page: 14
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 211391 8/6/2024 001571 001571 CLINICAL LAB OF SAN BERNARDINO (Continued) Total: 810.00 211392 8/6/2024 010754 COOL IMAGE WATER, DBA/ AMERICAN 2278 02-002671 PROF & CONTRACTUAL SERVICES 33.00 2280 03-000450 PROF & CONTRACTUAL SERVICES 16.50
Total: 49.50
211393 8/6/2024 010638 COURT OF CALIFORNIA , COUNTY OF LA 010638-MAY2024 FEES FOR SERVICES 22,281.50 Total: 22,281.50
211394 8/6/2024 000138 DAILY JOURNAL CORPORATION 83810437 06-010170 FEES FOR SERVICES 375.00 Total: 375.00
211395 8/6/2024 003352 DEPT. OF JUSTICE CTRL SERVICES 744989 FEES FOR SERVICES 224.00 Total: 224.00
211396 8/6/2024 014171 DMC ENGINEERING 02-24-022 06-010145 PROF & CONTRACTUAL SERVICES 41,400.00 03-24-025 06-010145 PROF & CONTRACTUAL SERVICES 8,600.00 04-24-019 06-010153 PROF & CONTRACTUAL SERVICES 28,800.00 05-24-027 06-010153 PROF & CONTRACTUAL SERVICES 21 ,200.00 05-24-028 06-010172 PROF & CONTRACTUAL SERVICES 1,000.00 Total: 101,000.00
211397 8/6/2024 006908 DUTHIE POWER SERVICES, INC. A129089 06-010098 FEES FOR SERVICES 1,229.40 A129090 06-010098 FEES FOR SERVICES 769.05
Total: 1,998.45
211398 8/6/2024 014304 D'VILLES GRILLE 000041 FEES FOR SERVICES 826.88 Total: 826.88
211399 8/6/2024 014021 EDGEWORTH INTEGRATION,LLC 00037071 12-000457 PROF & CONTRACTUAL SERVICES 10,501.42 Total: 10,501.42
211400 8/6/2024 011246 EFAX CORPORATE 4931799 FEES FOR SERVICES 159.50 Total: 159.50
211401 8/6/2024 012135 ENGINEERING SOLUTIONS.INC, 1940037869 11-002328 PROF & CONTRACTUAL SERVICES 120,632.65 1940045883 11-002328 PROF & CONTRACTUAL SERVICES 16,245.59 1940047839 11-002328 PROF & CONTRACTUAL SERVICES 96,837.93 --
Page: 14
51 vchlist Check List - FY 2023-24 Page: 15
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211401 8/6/2024 012135 ENGINEERING SOLUTIONS.INC, (Continued) 1940051739 11-002328 PROF & CONTRACTUAL SERVICES 76,437.94 Total: 310,154.11
211402 8/6/2024 013881 FAGEN FRIEDMAN & FULFROST LLP 223174-1 05-001967 FEES FOR SERVICES 1,033.50 Total: 1,033.50
211403 8/6/2024 003317 FAIR HOUSING FOUNDATION Quarter 4 - June 11-002266 PROF & CONTRACTUAL SERVICES 878.60 Total: 878.60
211404 8/6/2024 003334 FED EX 8-545-12722 FEES FOR SERVICES 13.12 Total: 13.12
211405 8/6/2024 004425 FUN EXPRESS. LLC 73164101001 08-005201 SUPPLIES EXPENSE-EVENT 687.67 Total: 687.67
211406 8/6/2024 003983 GALLS QUARTERMASTER 028366489 11-002267 UNIFORM EXPENSE 650.46 028366578 11-002267 UNIFORM EXPENSE 49.61
028366620 11-002267 UNIFORM EXPENSE 49.61
Total: 749.68
211407 8/6/2024 001352 GMC PEST CONTROL, INC. 1255 06-009999 FEES FOR SERVICES 1,200.00 Total: 1,200.00
211408 8/6/2024 000993 GRM INFORMATION MANAGEMENT 0508417 05-001983 FEES FOR SERVICES 19.64 0508674 FEES FOR SERVICES 174.33
Total: 193.97
211409 8/6/2024 014127 H&E EQUIPMENT SERVICES INC 99517404 08-005249 COMMUNITY ACTIVITY EXPENSE 1,200.53 Total: 1,200.53
211410 8/6/2024 011968 HAZZARD BACKFLOW INC. 38848 06-010216 PROF & CONTRACTUAL SERVICES 4,250.00 38849 06-010216 PROF & CONTRACTUAL SERVICES 4,250.00
38850 06-010216 PROF & CONTRACTUAL SERVICES 4,250.00
38851 06-010216 PROF & CONTRACTUAL SERVICES 3,600.00
38852 06-010216 PROF & CONTRACTUAL SERVICES 3,600.00
Total: 19,950.00
Page: 15
52 vchlist Check List - FY 2023-24 Page: 16
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 211411 8/6/2024 003338 HILLYARD-LOS ANGELES 605526453 08-005247 SUPPLIES EXPENSE 580.06 605540263 08-005247 SUPPLIES EXPENSE 415.21
Total: 995.27
211412 8/6/2024 001681 HUMAN SERVICES ASSOCIATION 063020246 08-005195 PROF & CONTRACTUAL SERVICES 2,042.50 HSA7 08-005195 PROF & CONTRACTUAL SERVICES 150.00
HSA8 08-005195 PROF & CONTRACTUAL SERVICES 154.00
Total: 2,346.50
211413 8/6/2024 013758 HUNT DESIGN 206894 06-010113 PROF & CONTRACTUAL SERVICES 1,900.00 Total: 1,900.00
211414 8/6/2024 014302 ICEPROS LLC 1220 REPAIRS AND MAINT EXPENSE 1,184.00 Total: 1,184.00
211415 8/6/2024 000676 IDEAL LIGHTING SUPPLY, INC. 125367 06-009974 SUPPLIES EXPENSE 1,428.73 Total: 1,428.73
211416 8/6/2024 000635 IDR ENVIRONMENTAL SERVICES 83126 06-010059 FEES FOR SERVICES 1,108.75 83150 06-010059 FEES FOR SERVICES 861.58
Total: 1,970.33
211417 8/6/2024 000151 J & A EXPRESS 22327 06-010131 FEES FOR SERVICES 4,929.38 Total: 4,929.38
211418 8/6/2024 000844 J & G GRAPHICS 05638 SUPPLIES EXPENSE 701.48 Total: 701.48
211419 8/6/2024 008254 JCL TRAFFIC SERVICES 124672 08-005229 COMMUNITY ACTIVITY EXPENSE 4,300'.00 Total: 4,300.00
211420 8/6/2024 000001 KING FENCE, INC 51055 06-010019 RENTAL EXPENSE 65.50 Total: 65.50
211421 8/6/2024 013664 KOSMONT COMPANIES 2110.7-023 11-002269 FEES FOR SERVICES 6,338.80 Total: 6,338.80
211422 8/6/2024 014305 LEE, CHRISTOPHER 488130626 REFUND-CITATION 292.50 Page: 16
53 vchlist Check List - FY 2023-24 Page: 17
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211422 8/6/2024 014305 LEE, CHRISTOPHER (Continued)
522130082 REFUND-CITATION 213.75
688124541 REFUND-CITATION 78.75
Total: 585.00
211423 8/6/2024 001991 LEGISLATIVE ADVOCACY GROUP 5890 01-001814 PROF & CONTRACTUAL SERVICES 5,000.00 Total: 5,000.00
211424 8/6/2024 009041 LOYA, RUUD AND ROMO, ATKINSON, 719759 05-001971 PROF & CONTRACTUAL SERVICES 1,554.00 Total: 1,554.00
211425 8/6/2024 009655 LYNWOOD CITY CAR WASH, INC. 0274487 FEES FOR SERVICES 533.82 2407834 FEES FOR SERVICES 586.82
Total: 1,120.64
211426 8/6/2024 013395 M&C CONSTRUCTION GROUP INC 3130 06-010073 RENTAL EXPENSE 1,800.00 Total: 1,800.00
211427 8/6/2024 002683 MAY TOOL INC. 203477 06-009979 SUPPLIES EXPENSE 1,299.08 203486 06-009979 SUPPLIES EXPENSE 1,904.57
203487 06-009979 SUPPLIES EXPENSE 2,000.00
Total: 5,203.65
211428 8/6/2024 013448 MENDOZA TRUCK REPAIR 00673 06-010035 REPAIRS & MAINTENANCE 300.00 00676 06-010035 REPAIRS & MAINTENANCE 783.61
00677 06-010035 REPAIRS & MAINTENANCE 604.25
00687 06-010035 REPAIRS & MAINTENANCE 448.78
00709 06-010035 REPAIRS & MAINTENANCE 1,025.18
00737 06-010035 REPAIRS & MAINTENANCE 2,118.36
00738 06-010035 REPAIRS & MAINTENANCE 2,338.69
00746 06-010035 REPAIRS & MAINTENANCE 1,071.09
00757 06-010035 REPAIRS & MAINTENANCE 2,420.99
00763 06-010035 REPAIRS & MAINTENANCE 1,240.80
00764 06-010035 REPAIRS & MAINTENANCE 545.70
00767 06-010035 REPAIRS & MAINTENANCE 646.19
00770 06-010035 REPAIRS & MAINTENANCE 683.47
00797 06-010035 REPAIRS & MAINTENANCE 1,101.81
Page: 17
54 vchlist Check List - FY 2023-24 Page: 18
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211428 8/6/2024 013448 013448 MENDOZA TRUCK REPAIR (Continued) Total: 15,328.92 211429 8/6/2024 011975 MOMAR, INC. PSl567140 06-009981 OPERATING SUPPLIES 1,395.21 Total: 1,395.21
211430 8/6/2024 008782 MSJ ACCESS INC 91073179 06-009966 FEES FOR SERVICES 1,795.87 Total: 1,795.87
211431 8/6/2024 007207 MUNI TEMPS 130440 03-000452 PROF & CONTRACTUAL SERVICES 3,160.00 Total: 3,160.00
211432 8/6/2024 012270 MUNIENVIRONMENTAL, LLC 24-033 06-010020 PROF & CONTRACTUAL SERVICES 12,606.25 Total: 12,606.25
211433 8/6/2024 009647 MV CHENG & ASSOCIATES, INC. 6/30/2024 02-002675 PROF & CONTRACTUAL SERVICE 26,208.75 Total: 26,208.75
211434 8/6/2024 000475 NATIONWIDE ENVIRONMENTAL SVCS. 34055 06-010021 PROF & CONTRACTUAL SERVICES 44,439.46 34151 06-010048 PROF & CONTRACTUAL SERVICES 7,373.75
34152 06-010022 PROF & CONTRACTUAL SERVICES 24,275.61
Total: 76,088.82
211435 8/6/2024 000475 NATIONWIDE ENVIRONMENTAL SVCS. 34055-1 11-002310 PROF & CONTRACTUAL SERVICES 13,604.71 Total: 13,604.71
211436 8/6/2024 000078 ODP BUSINESS SOLUTIONS,LLC 362771853001 02-002674 SUPPLIES EXPENSE 290.56 367481204002 06-010003 SUPPLIES EXPENSE 33.10
368550835001 06-010003 SUPPLIES EXPENSE 113.38
368564386001 06-010003 SUPPLIES EXPENSE 294.63
371128457001 06-010003 SUPPLIES EXPENSE 188.69
374433111001 05-001977 SUPPLIES EXPENSE 453.62
374433307001 05-001977 SUPPLIES EXPENSE 290.19
375483071001 08-005204 SUPPLIES EXPENSE 22.46
375483076001 08-005204 SUPPLIES EXPENSE 396.87
Total: 2,083.50
211437 8/6/2024 013552 ODP BUSINESS SOLUTIONS,LLC 368600896001 11-002316 SUPPLIES EXPENSE 109.30 371513788001 11-002316 SUPPLIES EXPENSE 56.79
Page: 18
55 vchlist Check List - FY 2023-24 Page: 19
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211437 8/6/2024 013552 ODP BUSINESS SOLUTIONS,LLC (Continued) 371514436001 11-002316 SUPPLIES EXPENSE 291.45
374066914001 11-002316 SUPPLIES EXPENSE 209.46
Total: 667.00
211438 8/6/2024 000045 OSUNA AUTO GLASS 1004988 SUPPLIES EXPENSE 206.28 1005007 SUPPLIES EXPENSE 356.83
1005050 SUPPLIES EXPENSE 55.00
1005056 SUPPLIES EXPENSE 147.83
Total: 765.94
211439 8/6/2024 013937 OUTRIDER INSIGHT LLC 1043 06-010118 FEES FOR SERVICES 676.25 Total: 676.25
211440 8/6/2024 012548 PARKING COMPANY OF AMERICA INVM0018837 06-010023 PROF & CONTRACTUAL SERVICES 68,557.88 Total : 68,557.88
211441 8/6/2024 010945 PETDAT A, INC. 13137 11-002274 ANIMAL SERVICE EXPENSE 500.00 Total: 500.00
211442 8/6/2024 004854 PETTY CASH- FINANCE 004854-072524 PETTY CASH REPLENISHMENT 350.59 Total : 350.59
211443 8/6/2024 008307 PHOENIX GROUP INFORMATION SYS 0520241204 11-002304 PROF & CONTRACTUAL SERVICES 2,248.71 052024204 11-002304 PROF & CONTRACTUAL SERVICES 27,116.27 052024902 11-002304 PROF & CONTRACTUAL SERVICES 507.49
Total: 29,872.47
211444 8/6/2024 013719 POPESCU, ELIZABETH 013719-110323 PER DIEM-2024 CESA ANNUAL 632.10 Total: 632.10
211445 8/6/2024 006281 PROFESSIONAL SECURITY, IN000132507R 08-005253 PROF & CONTRACTUAL SERVICES 299.60 IN000133008 08-005236 PROF & CONTRACTUAL SERVICES 8,823.22 IN000133009 08-005253 PROF & CONTRACTUAL SERVICES 254.66 IN000133010 08-005236 PROF & CONTRACTUAL SERVICES 9,991.66 IN000133012 08-005236 PROF & CONTRACTUAL SERVICES 9,257.64 IN000133013 08-005253 PROF & CONTRACTUAL SERVICES 464.38 IN000133014 08-005236 PROF & CONTRACTUAL SERVICES 8,943.06 --
Page: 19
56 vchlist Check List - FY 2023-24 Page: 20
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 211445 8/6/2024 006281 PROFESSIONAL SECURITY , (Continued) IN000133015 08-005253 PROF & CONTRACTUAL SERVICES 614.18 IN000133018 08-005253 PROF & CONTRACTUAL SERVICES 419.44 IN000133021 08-005236 PROF & CONTRACTUAL SERVICES 10,021.62 IN0001333017 08-005236 PROF & CONTRACTUAL SERVICES 8,351.35 IN000133426 08-005236 PROF & CONTRACTUAL SERVICES 5,692.40 IN000133459 08-005253 PROF & CONTRACTUAL SERVICES 239.68 IN000133461 08-005253 PROF & CONTRACTUAL SERVICES 254.66 IN000133462 08-005253 PROF & CONTRACTUAL SERVICES 554.26 Total: 64,181.81
211446 8/6/2024 007243 PUBLIC WORKS, LOS ANGELES COUNTY IN240001082 FEES FOR SERVICES 122.36 IN240001096 FEES FOR SERVICES 283.39
IN240001098 FEES FOR SERVICES 958.20
Total: 1,363.95
211447 8/6/2024 013908 PUSHPINS MEDIA 0000177 08-005273 SUPPLIES EXPENSE 7,619.89 Total: 7,619.89
211448 8/6/2024 009571 RAMON'S LINEN 02947 RENTAL EXPENSE-EVENT 440.00 Total: 440.00
211449 8/6/2024 008671 RESOURCE BLDG. MATERIALS 3830770 06-009982 SUPPLIES EXPENSE 337.57 Total: 337.57
211450 8/6/2024 008690 RICOH USA, INC. 5069691661 FEES FOR SERVICES 239.72 Total: 239.72
211451 8/6/2024 005067 ROADLINE 20161 06-009983 SUPPLIES EXPENSE 448.03 Total: 448.03
211452 8/6/2024 014306 RODRIGUEZ, JESSIKA 78296326 REFUND-SUMMER CAMP SESSION 235.00 Total: 235.00
211453 8/6/2024 011595 ROSE EQUIPMENT REPAIR, INC. IN31640 06-010015 REPAIRS AND MAINTENANCE 533.41 Total: 533.41
211454 8/6/2024 008805 RPW SERVICES, INC. 39247 06-010060 FEES FOR SERVICES 1,800.00 Page: 20
57 vchlist Check List - FY 2023-24 Page: 21
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211454 8/6/2024 008805 RPW SERVICES, INC. (Continued)
40076 06-010060 FEES FOR SERVICES 1,800.00
Total: 3,600.00
211455 8/6/2024 008036 RUBIO'S TIRE SHOP 2059 06-010147 REPAIRS AND MAINT EXPENSE 20.00 2060 06-010147 REPAIRS AND MAINT EXPENSE 20.00
2061 06-010147 REPAIRS AND MAINT EXPENSE 35.00
2062 06-010147 REPAIRS AND MAINT EXPENSE 20.00
2063 06-010147 REPAIRS AND MAINT EXPENSE 20.00
2066 06-010147 REPAIRS AND MAINT EXPENSE 20.00
2067 06-010147 REPAIRS AND MAINT EXPENSE 20.00
2068 06-010147 REPAIRS AND MAINT EXPENSE 20.00
2069 06-010147 REPAIRS AND MAINT EXPENSE 20.00
2071 06-010147 REPAIRS AND MAINT EXPENSE 20.00
Total: 215.00
211456 8/6/2024 000075 S & J SUPPLY CO. S 100232400 .001 06-010024 SUPPLIES EXPENSE 18,883.84 Total: 18,883.84
211457 8/6/2024 005688 SA ASSOCIATES LBMULA-03 06-010143 PROF & CONTRACTUAL SERVICES 1,890.25 Total: 1,890.25
211458 8/6/2024 008745 SAN FRANCISCO LAUNDRY 65179 FEES FOR SERVICES 102.08 Total: 102.08
211459 8/6/2024 007205 SANCHEZ AWARDS 2498 01-001796 FEES FOR SERVICES 137.81 2499 01-001796 FEES FOR SERVICES 82.68
2501 05-001982 FEES FOR SERVICES 441 .00
Total: 661.49
211460 8/6/2024 013372 SECTRAN SECURITY INC 24050590 02-002681 FEES FOR SERVICES 519.89 Total: 519.89
211461 8/6/2024 013909 SOMA ERGONOMICS INC. 2240156a SUPPLIES EXPENSE 1,533.74 Total: 1,533.74
211462 8/6/2024 008919 SONSRAY MACHINERY LLC SWO052870-1 06-010163 REPAIRS AND MAINT EXPENSE 4,748.35 Page: 21
58 vchlist Check List - FY 2023-24 Page: 22
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 211462 8/6/2024 008919 008919 SONSRAY MACHINERY LLC (Continued) Total: 4,748.35 211463 8/6/2024 014034 SOUTH INC, PACIFIC SECURITY FENCE 1437 08-005274 PROF & CONTRACTUAL SERVICES 8,995.00 Total: 8,995.00
211464 8/6/2024 000163 SOUTHERN CALIFORNIA EDISON 700272899844-061724 UTILITY ASSISTANCE 590.98 700343687414-032224 UTILITY ASSISTANCE 3,623.26
700369656738-041724 UTILITY ASSISTANCE 2,960.28
700868836118-062824 UTILITY ASSISTANCE 788.29
Total: 7,962.81
211465 8/6/2024 000163 SOUTHERN CALIFORNIA EDISON 700092111648-061224 UTILITY ASSISTANCE 2,477.56 700395105090-061724 UTILITY ASSISTANCE 385.73
Total: 2,863.29
211466 8/6/2024 000163 SOUTHERN CALIFORNIA EDISON 700814333636-61124 UTILITY ASSISTANCE 2,264.99 Total: 2,264.99
211467 8/6/2024 000163 SOUTHERN CALIFORNIA EDISON 700691257713-051324 UTILITY ASSISTANCE 126.29 700708659008-052324 UTILITY ASSISTANCE 1,295.43
700713740996-051624 UTILITY ASSISTANCE 355.04
Total: 1,776.76
211468 8/6/2024 008956 SPCALA 2024-06 11-002297 ANIMAL SERVICE EXPENSE 28,800.00 Total: 28,800.00
211469 8/6/2024 007558 SUBSTANCES CONTROL, DEPARTMENT 23SM5588 11-002330 PROF & CONTRACTUAL SERVICES 17,628.13 Total: 17,628.13
211470 8/6/2024 014104 SYSTEMS CONSTRUCTION, TORRES 014104-4 06-010133 PROF & CONTRACTUAL SERVICES 103,879.20 Total: 103,879.20
211471 8/6/2024 002938 TAJ OFFICE SUPPLY 05560 06-009984 SUPPLIES EXPENSE 510.90 Total: 510.90
211472 8/6/2024 000164 THE GAS CO. 01820112389-061424 UTILITY ASSISTANCE 125.81 12690121012-061724 UTILITY ASSISTANCE 160.13
14600131925-051624 UTILITY ASSISTANCE 292.50
Page: 22
59 vchlist Check List - FY 2023-24 Page: 23
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211472 8/6/2024 000164 THE GAS CO. (Continued)
16540145394-051724 UTILITY ASSISTANCE 767.40
Total: 1,345.84
211473 8/6/2024 000164 THE GAS CO. 02190118345-060524 UTILITY ASSISTANCE 547.64 05990137027-052424 UTILITY ASSISTANCE 468.67
11000110905-062524 UTILITY ASSISTANCE 49.51
Total: 1,065.82
211474 8/6/2024 000164 THE GAS CO. 08730119008-061424 UTILITY ASSISTANCE 190.64 Total: 190.64
211475 8/6/2024 013215 THE HOME DEPOT PRO SUPPLY WORK 810261354 06-010082 OFFICE SUPPLIES 3,723.80 812144475 06-010082 OFFICE SUPPLIES 1,207.24
Total: 4,931.04
211476 8/6/2024 013215 THE HOME DEPOT PRO SUPPLY WORK 809379241 06-009967 OFFICE SUPPLIES -43.96 809381551 06-009967 OFFICE SUPPLIES 24.17
810778456 06-009967 OFFICE SUPPLIES 761 .28
811048735 06-009967 OFFICE SUPPLIES 1,062.45
811048891 06-009967 OFFICE SUPPLIES 689.34
812190270 06-009967 OFFICE SUPPLIES 224.84
812190601 06-009967 OFFICE SUPPLIES 2.93
812288694 06-009967 OFFICE SUPPLIES 1,474.42
812288694-1 06-010082 OFFICE SUPPLIES 77.87
Total: 4,273.34
211477 8/6/2024 014272 THREE G'S PLUMBING.INC 23391 REPAIRS AND MAINT EXPENSE 569.44 Total: 569,44
211478 8/6/2024 000067 THYSSENKRUPP ELEVATOR CORP 3007999990 06-009985 FEES FOR SERVICES 1,430.09 Total: 1,430.09
211479 8/6/2024 001056 TPK SCREENPRINT 3543 08-005280 UNIFORM EXPENSE 3,030.36 Total: 3,030.36
211480 8/6/2024 012294 TRANSTECH ENGINEERS, INC. 20243649 06-010090 PROF & CONTRACTUAL SERVICES 30,980.00 20243650 06-010090 PROF & CONTRACTUAL SERVICES 12,981.00 --
Page: 23
60 vchlist Check List - FY 2023-24 Page: 24
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211480 8/6/2024 012294 TRANSTECH ENGINEERS, INC. (Continued) 20243651 06-010090 PROF & CONTRACTUAL SERVICES 19,544.00 20243652 06-010090 PROF & CONTRACTUAL SERVICES 3,265.00 20243654 06-010090 PROF & CONTRACTUAL SERVICES 1,596.00 20243655 06-010090 PROF & CONTRACTUAL SERVICES 152.00
20243656 06-010090 PROF & CONTRACTUAL SERVICES 679.00
20243657 06-010090 PROF & CONTRACTUAL SERVICES 608.00
20243944 06-010090 PROF & CONTRACTUAL SERVICES 26,060.00 20243945 06-010090 PROF & CONTRACTUAL SERVICES 368.00
20243946 06-010090 PROF & CONTRACTUAL SERVICES 4,779.75 20243947 06-010090 PROF & CONTRACTUAL SERVICES 23,866.00 20243948 06-010090 PROF & CONTRACTUAL SERVICES 1,579.00 Total: 126,457.75
211481 8/6/2024 010066 TRI-WEST MECHANICAL, INC. 12413 06-010061 PROF & CONTRACTUAL SERVICES 3,590.00 Total: 3,590.00
211482 8/6/2024 007742 ULINE, INC. 180009343 06-009986 SUPPLIES EXPENSE 749.21 Total: 749.21
211483 8/6/2024 000166 UNDERGROUND SERVICE ALERT/SC 23-2426232 06-010028 FEES FOR SERVICES 104.91 620240431 06-010028 FEES FOR SERVICES 122.00
Total: 226.91
211484 8/6/2024 009742 UNIFIRST CORPORATION 2190194353 06-010029 UNIFORM SERVICE AND SUPPLIES 89.28 2190194354 06-010029 UNIFORM SERVICE AND SUPPLIES 67.45 2190194355 06-010029 UNIFORM SERVICE AND SUPPLIES 116.76 2190194356 06-010029 UNIFORM SERVICE AND SUPPLIES 87.90 2190194357 06-010029 UNIFORM SERVICE AND SUPPLIES 123.32 Total: 484.71
211485 8/6/2024 008483 V V & G CONSTRUCTION 424-5-232 11-002331 PROF & CONTRACTUAL SERVICES 19,940.00 Total: 19,940.00
211486 8/6/2024 004013 WALTERS WHOLESALE ELECTRIC CO S125842451.001 06-010030 ELECTRICAL SUPPLIES 712.25 S125842451.002 06-010030 ELECTRICAL SUPPLIES 2,094.76
S125842451.003 06-010030 ELECTRICAL SUPPLIES 31 .63
Page: 24
61 vchlist Check List - FY 2023-24 Page: 25
07/29/2024 4:45:59PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 211486 8/6/2024 004013 004013 WALTERS WHOLESALE ELECTRIC (Continued) Total: 2,838.64 211487 8/6/2024 008657 WASTE RESOURCES, INC. 033646-050124 UTILITY ASSISTANCE 122.29 039171-050924 UTILITY ASSISTANCE 598.93
039903-050124 UTILITY ASSISTANCE 752.51
Total: 1,473.73
211488 8/6/2024 008657 WASTE RESOURCES, INC. 076916-050124 UTILITY ASSISTANCE 122.29 080794-051524 UTILITY ASSISTANCE 378.86
0837 42-050124 UTILITY ASSISTANCE 93.60
Total: 594.75
211489 8/6/2024 002912 WATERLINE TECHNOLOGIES.INC 5691578 06-010016 OPERATING SUPPLIES 944.62 5692788 06-010016 OPERATING SUPPLIES 522.92
5692789 06-010016 OPERATING SUPPLIES 910.89
5692796 06-010016 OPERATING SUPPLIES 539.78
Total: 2,918.21
211490 8/6/2024 014001 WATERWORKFORCE,INC 1196 06-010102 PROF & CONTRACTUAL SERVICES 27,600.00 Total: 27,600.00
211491 8/6/2024 009100 WATERWORKS TECHNOLOGY.INC . 7102 06-010151 PROF & CONTRACTUAL SERVICES 33,696.00 Total: 33,696.00
211492 8/6/2024 001522 WECK LABORATORIES, INC. W4B1122 06-010017 FEES FOR SERVICES 60.00 W4E0011 06-010017 FEES FOR SERVICES 330.00
Total : 390.00
211493 8/6/2024 000102 WHITE CAP, HD SUPPLY CONST.& 50027253887 06-010083 SUPPLIES EXPENSE 954.69 Total: 954.69
211494 8/6/2024 000181 WHITTIER FERTILIZER COMPANY 409983 06-010018 OPERATING SUPPLIES 246.63 Total : 246.63
211495 8/6/2024 000057 WILLDAN ENGINEERING 00229096 11-002332 PROF & CONTRACTUAL SERVICES 5,040.00 002-29441 11-002332 PROF & CONTRACTUAL SERVICES 8,890.00 00231424 11-002332 PROF & CONTRACTUAL SERVICES 5,250.00 00231634 11-002332 PROF & CONTRACTUAL SERVICES 1,400.00 Page: 25
62 vchlist
07/29/2024 4:45:59PM
Bank code: apbank
Voucher Date Vendor
211495 8/6/2024 000057 WILLDAN ENGINEERING
211496 8/6/2024 000057 WILLDAN ENGINEERING
211497 8/6/2024 007609 WILLDAN FINANCIAL SERVICES
211498 8/6/2024 012137 XIO INC.
133 Vouchers for bank code: apbank
Check List - FY 2023-24
City of Lynwood
Invoice
(Continued)
00418648
00418818A
004188188
00418978A
004189788
00419099A
004190998
00419165A
004191658
00625952
00627408
00627417
00627638
02212951R
006236948
00624406
00624407
006-25186
02212934
010-58849
010-59079
010-59112
2022-13054
2022-13161
PO#
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010108
06-010175
06-010175
06-010031
06-010031
Page: 26
Description/Account Amount
PROF & CONTRACTUAL SERVICES 26,902.00
PROF & CONTRACTUAL SERVICES 23,048.00
PROF & CONTRACTUAL SERVICES 11,134.00
PROF & CONTRACTUAL SERVICES 23,866.00
PROF & CONTRACTUAL SERVICES 2,827.00
PROF & CONTRACTUAL SERVICES 20,173.00
PROF & CONTRACTUAL SERVICES 5,698.00
PROF & CONTRACTUAL SERVICES 14,302.00
PROF & CONTRACTUAL SERVICES 11,229.00
PROF & CONTRACTUAL SERVICES 836.50
PROF & CONTRACTUAL SERVICES 1,376.50
PROF & CONTRACTUAL SERVICES 22.05
PROF & CONTRACTUAL SERVICES 307.75
PROF & CONTRACTUAL SERVICES 3,575.00
Total: 165,876.80
PROF & CONTRACTUAL SERVICES 8,007.00
PROF & CONTRACTUAL SERVICES 611.00
PROF & CONTRACTUAL SERVICES 871.00
PROF & CONTRACTUAL SERVICES 686.00
PROF & CONTRACTUAL SERVICES 11,785.00
Total: 21,960.00
PROF & CONTRACTUAL SERVICES 1,250.00
PROF & CONTRACTUAL SERVICES 5,000.00
PROF & CONTRACTUAL SERVICES 8,050.00
Total: 14,300.00
FEES FOR SERVICES 760.00
FEES FOR SERVICES 760.00
Total: 1,520.00
Bank total: 2,337,497 .83
Page: 26
63 vchlist Check List - FY 2024-25 Page: 27
07/29/2024 5:43:26PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211499 8/6/2024 013500 AIR CONDITIONING&REFRIGERATION, 184868 REPAIRS AND MAINT EXPENSE 724.37 Total: 724.37
211500 8/6/2024 013738 AMAZON CAPITAL SERVICES INC 16YM-7N3H-KGHN FEES FOR SERVICES 66.08 1VCJ-CD6V-YD14 FEES FOR SERVICES 46.29
Total: 112.37
211501 8/6/2024 003312 AMERICAN RENTALS 561570 06-010189 SUPPLIES AND EQUIPMENT 702.59 561664 06-010189 SUPPLIES AND EQUIPMENT 365.74
Total: 1,068.33
211502 8/6/2024 014309 ARROYO , IRMA 003004-0010 REFUNDABLE DEPOSIT-EVENT 100.00 Total: 100.00
211503 8/6/2024 012148 BARRERA , JACOB CL0041 COMMUNITY ACTIVITY EXPENSE 1,500.00 CL0042 COMMUNITY ACTIVITY EXPENSE 1,500.00
Total: 3,000.00
211504 8/6/2024 014178 BROWNBRIDGE CONSTRUCTION CITYOF-0008 REPAIRS AND MAINT EXPENSE 2,350.00 Total: 2,350.00
211505 8/6/2024 002561 CACEO 300020158 FEES FOR SERVICES 100.00 Total: 100.00
211506 8/6/2024 007782 CAMACHO, GABRIELA 007782-083124 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
211507 8/6/2024 014308 CAMPOS, NORA A 002790-0110 REFUNDABLE DEPOSIT-EVENT 250.00 Total: 250.00
211508 8/6/2024 001195 CDW GOVERNMENT SK29212 12-000475 OFFICE SUPPLIES EXPENSE 4,318.69 Total: 4,318.69
211509 8/6/2024 001052 CENTRAL BASIN WATER ASSOC. JULY1,2024 FEES FOR SERVICES 2,878.61 Total: 2,878.61
211510 8/6/2024 001168 CINTAS CORPORATION NO. 2 5218638410 08-005282 SUPPLIES EXPENSE 144.07 Page: 27
64 vchlist Check List - FY 2024-25 Page: 28
07/29/2024 5:43:26PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 211510 8/6/2024 001168 CINTAS CORPORATION NO. 2 (Continued) 5218638454 08-005282 SUPPLIES EXPENSE 112.68
8406911569 08-005282 SUPPLIES EXPENSE 104.16
8406925978 08-005282 SUPPLIES EXPENSE 116.99
Total: 477.90
211511 8/6/2024 004168 CINTAS FIRE PROTECTION 5220535384 SUPPLIES EXPENSE 98.42 Total: 98.42
211512 8/6/2024 010754 COOL IMAGE WATER, OBA/ AMERICAN 2275 06-010192 PROF & CONTRACTUAL SERVICES 181.50 2277 08-005283 PROF & CONTRACTUAL SERVICES 57.75
2281 08-005283 PROF & CONTRACTUAL SERVICES 16.50
2282 08-005283 PROF & CONTRACTUAL SERVICES 41 .25
Total: 297.00
211513 8/6/2024 000305 CULLIGAN 1946372 06-010193 PROF & CONTRACTUAL SERVICES 81.52 Total: 81.52
211514 8/6/2024 000138 DAILY JOURNAL CORPORATION B3828719 FEES FOR SERVICES 785.00 83828729 FEES FOR SERVICES 835.00
Total: 1,620.00
211515 8/6/2024 000003 FIRST CHOICE SERVICES 838820 06-010195 FEES FOR SERVICES 197.74 Total: 197.74
211516 8/6/2024 013637 GOMEZ, ROBERT RIGO 013637-071724 COMMISSIONER STIPEND 50.00 Total: 50.00
211517 8/6/2024 001510 GRAINGER , INC. 9186652195 06-010196 OPERATING SUPPLIES 483.00 Total: 483.00
211518 8/6/2024 008254 JCL TRAFFIC SERVICES 125003 06-010198 SUPPLIES EXPENSE 85.61 Total: 85.61
211519 8/6/2024 001612 LEAGUE OF CALIFORNIA CITIES 4273 FEES FOR SERVICES 1,249.50 Total: 1,249.50
211520 8/6/2024 014299 MARTINEZ, CLAUDIA 002949-0024 REFUND-SECURITY SERVICE 590.00 Page: 28
65 vchlist Check List - FY 2024-25 Page: 29
07/29/2024 5:43:26PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 211520 8/6/2024 014299 014299 MARTINEZ , CLAUDIA (Continued) Total: 590.00 211521 8/6/2024 014071 MCCORMICK AMBULANCE 310273 FEES FOR SERVICES 1,275.00 Total: 1,275.00
211522 8/6/2024 010247 MINUTEMAN PRESS 20449 SUPPLIES EXPENSE 89.00 Total: 89.00
211523 8/6/2024 009602 MOORE , LORRAINE 009602-071724 COMMISSIONER STIPEND 50.00 Total : 50.00
211524 8/6/2024 001462 MOTION PICTURE LICENSING CORP 504441675 FEES FOR SERVICES 1,789.84 Total : 1,789.84
211525 8/6/2024 013721 MUNOZ-GUEVARA, JUAN 013721 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
211526 8/6/2024 014301 PICHARDO, CHARLES 002105-0100 REFUNDABLE DEPOSIT-C & D 2,760.00 Total: 2,760.00
21 1527 8/6/2024 001313 QUINONEZ, MARIA 001313-083124 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
211528 8/6/2024 008745 SAN FRANCISCO LAUNDRY 65212 FEES FOR SERVICES 611 .87 65216 FEES FOR SERVICES 1.52
Total: 613.39
211529 8/6/2024 004056 SANCHEZ-SALAZAR, DANIEL 004056-071724 COMMISSIONER STIPEND 50.00 Total: 50.00
211530 8/6/2024 008668 SOLACHE , JOSE LUIS 008668-083124 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
211531 8/6/2024 008919 SONSRAY MACHINERY LLC SWO053233-1 06-010207 EQUIPMENT REPAIRS AND 1,489.63 SWO054906-1 06-010207 EQUIPMENT REPAIRS AND 2,325.00
SWO055050-1 06-010207 EQUIPMENT REPAIRS AND 226.85
Total: 4,041 .48
Page: 29
66 vchlist Check List - FY 2024-25 Page: 30
07/29/2024 5:43:26PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 211532 8/6/2024 012692 SOTO, RITA 012692-083124 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
211533 8/6/2024 014307 STEPHENS, MICHELLE 002839-0051 REFUNDABLE DEPOSIT-EVENT 170.00 Total: 170.00
211534 8/6/2024 008420 SWANK MOTION PICTURES, INC RG2217642 08-005284 FEES FOR SERVICES 1,060.00 Total: 1,060.00
211535 8/6/2024 013215 THE HOME DEPOT PRO SUPPLY WORK 813808284 06-010210 SUPPLIES EXPENSE 2,776.65 Total: 2,776.65
211536 8/6/2024 013215 THE HOME DEPOT PRO SUPPLY WORK 815128988 06-010188 SUPPLIES EXPENSE 333.84 815129226 06-010188 SUPPLIES EXPENSE 273.83
815136924 06-010188 SUPPLIES EXPENSE 505.03
Total: 1,112.70
211537 8/6/2024 009742 UNIFIRST CORPORATION 2190198182 06-010212 UNIFORM SERVICE AND SUPPLIES 74.34 2190198183 06-010212 UNIFORM SERVICE AND SUPPLIES 67.45 2190198185 06-010212 UNIFORM SERVICE AND SUPPLIES 116.76 2190198186 06-010212 UNIFORM SERVICE AND SUPPLIES 87.90 2190198191 06-010212 UNIFORM SERVICE AND SUPPLIES 123.32 2190201129 06-010212 UNIFORM SERVICE AND SUPPLIES 643.45 2190201130 06-010212 UNIFORM SERVICE AND SUPPLIES 123.76 2190201131 06-010212 UNIFORM SERVICE AND SUPPLIES 137.55 2190201132 06-010212 UNIFORM SERVICE AND SUPPLIES 88.67 2190201133 06-010212 UNIFORM SERVICE AND SUPPLIES 123.32 2190204328 06-010212 UNIFORM SERVICE AND SUPPLIES 66.90 2190204329 06-010212 UNIFORM SERVICE AND SUPPLIES 84.55 2190204330 06-010212 UNIFORM SERVICE AND SUPPLIES 195.14 2190204331 06-010212 UNIFORM SERVICE AND SUPPLIES 88.67 2190204332 06-010212 UNIFORM SERVICE AND SUPPLIES 123.32 Total: 2,145.10
211538 8/6/2024 002912 WATERLINE TECHNOLOGIES.INC 5693945 06-010185 OPERATING SUPPLIES 674.73 5693946 06-010185 OPERATING SUPPLIES 792.81
5695759 06-010185 OPERATING SUPPLIES 1,012.10
Page: 30
67 vchlist
07/29/2024
Bank code:
Voucher
211538
211539
211540
5:43:26PM
apbank
Date Vendor
8/6/2024 002912 WATERLINE TECHNOLOGIES,INC
8/6/2024 000802 WEST, KENNETH
8/6/2024 008846 YANEZ, JACQUELINE
42 Vouchers for bank code :
42 Vouchers in this report
apbank
Check List - FY 2024-25
City of Lynwood
Invoice
(Continued)
5695760
5696707
5696708
5696710
000802-071724
008846-0720
Page: 31
PO# Description/Account Amount
06-010185 OPERATING SUPPLIES 539.78
06-010185 OPERATING SUPPLIES 573.52
06-010185 OPERATING SUPPLIES 590.39
06-010185 OPERATING SUPPLIES 894.02
Total: 5,077.35
COMMISSIONER STIPEND 50.00
Total: 50.00
FEES FOR SERVICES 250.00
Total: 250.00
Bank total: 45,943.57
Total vouchers: 45,943.57
Page: 31
68 AGENDA STAFF REPORT
DATE:
August
6, 2024
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Julian Lee, Interim City Manager
PREPARED BY:
Luis Cuellar, City Treasurer
Sheila Harding, Deputy City Treasurer
SUBJECT:
TREASURER'S QUARTERLY INVESTMENT REPORT
Agenda Item # 9.2.
Recommendation:
It is recommended that City Council for 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 4th quarter ending June 30, 2024.
Background:
Due to the crisis caused by the Orange County investment pool, the State Legislature in 1995 enacted SB564 and SB866. These laws were enacted as State Statutes to impose certain mandates regarding investments with public funds. The statutes have imposed the following mandates:
1 .
Annual adoption of an Investment Policy that incorporates changes mandated by the State.
2 .
Quarterly Investment Reports presented to the Legislative Body or Board Members. 3 .
Restriction on the use of certain investment instruments.
The purpose of the Treasurer's report is to update the City Council and the public of the status of the City's cash balances investments and highlight changes from one period to another.
This report includes reconciliation between cash and investment balances, a schedule of all investments, and a report providing information on all investment types, costs, interest rates, maturity dates and current market value.
Discussion and Analysis:
City Council City Council Regular Meeting 69
The market value of securities fluctuates, depending on how interest rates perform. When interest rates decrease, the market value of the securities in the City's portfolio will likely increase and when the interest rates increase, the market value of the securities will likely decrease. The City's practice is to buy and hold investments until maturity so changes in the market price do not affect the City's investment principal.
Short-term excess cash is primarily invested in the pooled Local Agency Investment Fund (LAIF) administered by the State Treasurer. LAIF is a high-quality investment available in terms of safety, liquidity and yield. All funds invested in LAIF are essentially available overnight and provide the City with liquidity for City operations. Liquidity is important to the City and it is critical that funds are available when needed in order to meet the day to day operations, large CIP and debt services.
The investments held in the City's LAIF account has an investable balance of $35,081,100.
The account earned $106,575 in interest during the 4th quarter and $370,283 for fiscal year- end. The balance in the account may vary throughout the year depending on cash flow.
Several factors have significant impact on cash flow.
The City utilizes a variety of investment vehicles, including direct and indirect investments.
Direct investments are primary fixed income securities issued by the U.S. Treasury, several U.S. Government Agencies, such as Federal National Mortgage Association (FNMA) and the Federal Home Loan Mortgage Corporation (FHLMC), and Certificates of Deposit. Indirect investments include money market funds and pooled investment managed by other agencies, including California Local Agency Investment Fund (LAIF), California Asset Management Program (CAMP) and the San Diego Investment Pool. Indirect investment balances are generally available to the City on a next day basis and are classified as "liquid" meaning to pay current demands. Money invested in indirect securities can only be accessed via maturity of the security or selling the maturity prior to maturity.
Property tax revenue is received primarily in December, January, April and May while dept payments typically falls in February, May, August and November. In addition large payments on capital projects can happen throughout the year.
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 $65,975.02 Meeder Public Funds is the City's discretionary investment advisors. The investments earned a total of $212,474 in interest for the quarter and $601,794 for fiscal year-end.
The market valuation is provided by Meeder and all of the investments are in compliance with California Government Code Sections 53600 et seq. and the City’s Investment Policy.
The
public's monies are extremely safe and well-diversified and follow the City's adopted investment policy and the overall direction of the City Council. The City's cash and investment portfolio is sufficiently liquid to meet expected expenditures for the coming six months.
Fiscal Impact:
City Council City Council Regular Meeting 70
Summary Report - June 2024.pdf
Economic Report - 4th Quarter June 2024.docx
Meeder Report - June 2024.pdf
Meeder
Report- May 2024.pdf
Meeder Report - April 2024.pdf
There is no direct fiscal impact associated with this report.
Coordinated With:
Meeder Public Funds.
ATTACHMENTS:
Description
City Council City Council Regular Meeting 71
Schedule of City Cash & Investments: This schedule provides information on the cash and investments managed by the City.
Quarterly Interest Credit
Money Market/Custody Holdings Balance Interest F/Y to Date JP Morgan Chase - Section 108 MMA 129,152.10$ 673.79$ 2,667.20$ JP Morgan Chase - Money Market Account 1,940,241.08$ 10,122.25$ 40,069.27$ JP Morgan Chase - Parking Enforcement 7,273,912.45$ 37,356.61$ 106,529.52$ US Bank - City of Lynwood 4,542.59$ 0.56$ 1.60$ Total 9,347,848.22$ 48,153.21$ 149,267.59$ Demand Deposits
General Account 18,682,308.78$
US Bank - Economic Development 13,685.17$
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 6,771,224.85$
US Bank - Low Mod Housing Trst Fnd/Rogel 4,799,709.84$
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 34,723,630.66$
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
June 30, 2024
72 Quarter Ending Interest
Issuer Investment Balance Interest Rate
State of California LAIF 35,081,100.37$ 106,575.32 15-Apr-24 4.55% 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)
MONTHLY PORTFOLIO COMPOSITION
POOLED MONEY INVESTMENT ACCOUNT
(chart dollars in millions)
CITY OF LYNWOOD
QUARTERLY REPORT
June 30, 2024
LAIF Daily Yield 3.98% - Quarter to Date 3.80% - Average Days to Maturity 232 Total $178.0 Billion
0.00%
20.00%
40.00%
60.00%
80.00%
100.00%
120.00%
Agencies Certificate of
Deposits
Time Deposits Commercial
Paper
Corporate
Bonds
Loans Treasuries
Chart Title
June 2024
73 PAR MARKET BOOK % OF
INVESTMENTS VALUE VALUE VALUE PORTFOLIO
*Money Market Funds 59,931.22$ 59,931.22$ 59,931.22$ 0.09% LAIF 35,081,100.37$ 35,081,100.37$ 35,081,100.37$ 55.58% Corporate Notes 3,900,000.00$ 3,834,299.00$ 3,880,138.33$ 6.15% Commercial Paper -$ -$ -$ 0.00% Federal Agency 11,341,000.00$ 11,142,239.51$ 11,290,436.73$ 17.89% Treasury Coupon Securities 7,209,000.00$ 6,908,255.28$ 7,152,148.54$ 11.33% CD-FDIC 5,661,000.00$ 5,512,100.82$ 5,657,747.98$ 8.96% TOTAL 63,252,031.59$ 62,537,926.20$ 63,121,503.17$ 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) 129,152.10$ N/A 2,667.20$ JP Morgan Chase - Money Market Account 1,940,241.08$ N/A 40,069.27$ JP Morgan Chase - Parking Enforcement 7,273,912.45$ N/A 106,529.52$ US Bank - City of Lynwood 4,542.59$ N/A 1.60$ TOTAL 9,347,848.22$ 149,267.59$
Corporate Checking Accounts Balance
General Account 18,682,308.78$
US Bank - City HCDA 150,518.11$
US Bank - City Home Program 1,020,153.96$
US Bank - Economic Development 13,685.17$
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 6,771,224.85$
US Bank - Low Mod Housing Trst Fnd/Rogel 4,799,709.84$
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 34,723,630.66$
CITY OF LYNWOOD
QUARTERLY REPORT
June 30, 2024
PORTFOLIO SUMMARY
June 2024
74 AVERAGE
MARKET PERCENTAGE (%) DAYS TO
DESCRIPTION VALUE PORTFOLIO MATURITY
INVESTMENTS* 62,537,926.20$ 100% *
MONEY MARKET/CUSTODY HOLDINGS 9,347,848.22$
DEMAND DEPOSIT ACCOUNTS 34,723,630.66$
TOTAL AVERAGES 44,071,478.88$
TOTAL INVESTMENTS & AVERAGES* 106,609,405.08$
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
June 30, 2024
MASTER SUMMARY
June 2024
75 Jan - Mar Apr - June July - Sept Oct - Dec
Investments Managed by Main Street 37,213,046.55 $62,537,926.20 36,098,465.71 $36,817,582.81 Demand Deposits/MM//Custody 66,777,008.37 $44,071,478.88 56,101,725.54 $56,945,678.09 Per Treasurer's Reports 103,990,054.92 $106,609,405.08 92,200,191.25 $93,763,260.90 Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account* 41,908,402.70 8,146,657.22 34,610,898.28$ 15,444,161.64$ *Local Agency Investment Fund 9,974,525.05$ 25,106,575.32$ -$ 35,081,100.37$ US Bank - RORF - Successor Agency 6,459,638.85 6,459,638.85$ US Bank - Low Mod Housing Trust 4,807,520.60 4,287.50 4,803,233.10$ TOTAL REVENUE & EXPENDITURE 33,253,232.54$ 34,615,185.78$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account* 15,444,161.64$ 12,879,193.30 9,541,950.58$ 18,781,404.36$ *Local Agency Investment Fund 35,081,100.37$ -$ -$ 35,081,100.37$ US Bank - RORF - Successor Agency 6,459,638.85$ -$ 1,875.00 6,457,763.85$ US Bank - Low Mod Housing Trust 4,803,233.10$ -$ 1,450.00 4,801,783.10$ TOTAL REVENUE & EXPENDITURE 12,879,193.30$ 9,545,275.58$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account 18,781,404.36$ 6,028,848.69$ 6,127,944.27$ 18,682,308.78$ *Local Agency Investment Fund 35,081,100.37$ -$ -$ 35,081,100.37$ US Bank - RORF - Successor Agency 6,457,763.85$ 313,461.00 6,771,224.85$ US Bank - Low Mod Housing Trust 4,801,783.10$ -$ 2,073.26 4,799,709.84$ TOTAL REVENUE & EXPENDITURE 6,342,309.69$ 6,130,017.53 QUARTERLY TOTAL OF DEBITS/CREDITS 52,474,735.53$ 50,290,478.89$ *Most Active Accounts
*Funds transferred from LAIF account to the general account to cover expenditures 2024 2023
Apr-24
May-24
Jun-24
CITY OF LYNWOOD
QUARTERLY REPORT
June 30, 2024
MONTHLY BALANCES PER STATEMENT
DEMAND DEPOSIT ACCOUNTS - MOST ACTIVE
BALANCES PER QUARTER
76 Key takeaways
The June 2024 Consumer Price Index (CPI) fell by 0.1% month-over-month (MoM) and rose by
3.0% year-over-year (YoY).
Inflation eased across the board; we finally saw a welcome move with lower shelter price pressures (inflation coming from the housing market). We also saw favorable declines in gasoline and airfares prices.
In our view, this is a welcome report for the Federal Reserve (Fed) that should further increase confidence that inflation is on its way back to the 2% target. June’s inflation report along with last week’s jobs report supports the view that we are getting closer to a rate cut, perhaps as soon as September.
The June 2024 Consumer Price Index for All Urban Consumers (CPI-U) fell 0.1% month-over-month (MoM) (the first decline in MoM inflation since May 2020!), after remaining unchanged in May.
This helped moderate the year-over-year (YoY) CPI to 3% from 3.3% in May the slowest annualized pace since June 2023. The easing in headline and core CPI suggests that inflation is trending in the right direction.
The softer inflation data, coupled with June’s employment report, which underscores a balanced labor market with signs of easing, are welcomed developments for the Fed that should increase their confidence inflation is on its way back to the 2% target.
Report Highlights
The slowing in consumer prices was driven by a sharp decline in gas prices and easing shelter price pressures (inflation coming from the housing market). Gasoline prices fell 3.8% MoM in June, following a 3.6% decline in May. This contributed to the 2% MoM decline in the energy index for the second consecutive month. We expect the drop in gasoline prices to offset some consumer worries over high inflation.
The food index rose by 0.2% MoM for the second consecutive month, as food away from home prices rose 0.4% MoM and food at home prices rose 0.1% MoM. The continued rise in food prices was offset by the declines in energy and transportation prices.
A continued moderation in inflation should provide some relief to consumers. As long as wages continue to rise at a faster pace than inflation, consumer spending will likely still provide a positive contribution to economic growth in the second quarter.
Core CPI Findings
Core CPI (excluding food and energy) increased by a softer than expected 0.1% MoM, the slowest pace since August 2021, and by 3.3% YoY. June’s rise in core CPI continued to be driven by the shelter component despite notable signs of easing. Shelter prices increased by a softer 0.2% MoM 77 rise in June than the 0.4% rise in May. Owners’ equivalent rent (OER) and the rent index both rose by only 0.3% MoM, their smallest gains since August 2021.
This marks significant progress for inflation, as shelter prices have been sticky and have accounted for about a third of the total inflation basket. But shelter inflation has to fall further for rates to decline to the Fed’s 2% target.
There were also price increases in motor vehicle insurance, medical care and household furnishings and operations. Meanwhile, prices fell among airfares, used cars and trucks and communication in June.
Airfares have markedly declined despite recent resilient travel demand. We expect this trend could reverse in the next two months given the recent rise in jet fuel prices which are often followed by rises in the airfares index.
Going forward, we expect core inflation to further moderate this year as the economy and labor market soften amid high interest rates.
Possible Implications for the Fed
The broad-based cooldown in CPI combined with the restoration of balance between supply and demand in the labor market supports the view that we are getting closer to a rate cut, perhaps as soon as September.
Bottom Line
June’s inflation data gives the Fed further confidence that the direction of inflation, and more broadly the more balanced labor market, are heading in the right direction.
Reported by JP MORGAN
78 Run Date: 7/5/2024 - 12:33 PM
Amortizing Page 2
Portfolio Summary
City of Lynwood 6/30/2024
SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)
ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 6/30/24 5/31/24 Issuer % Portfolio
Market Value $62,537,926 $62,407,471 LAIF 55.6%
Book Value $63,121,503 $63,077,194 U.S. Treasury 11.3%
Variance -$583,577 -$669,723 FHLB 9.6%
FFCB 5.1%
Par Value $63,252,032 $63,214,566 FHLMC 2.4%
FNMA 0.8%
Net Asset Value $99.08 $98.94 MetLife 0.8%
Apple 0.8%
Book Yield 3.86% 3.86% State Street Corp 0.8%
Unilever Capital Corp 0.8%
Market Yield 4.58% 4.64% 3M 0.8%
Toyota 0.6%
Years to Maturity 0.97 1.01 Exxon Mobil 0.4%
New York Life 0.4%
Effective Duration 0.82 0.86 Charles Schwab 0.4%
Jul-23
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
Apr-24
May-24
Jun-24
2.40%
2.60%
2.80%
3.00%
3.20%
3.40%
3.60%
3.80%
4.00%
0.1%
6.1%
9.0%
11.3%
17.9%
55.6%
MMF
CORP
CD
TSY
AGY
LAIF
100%75%50%25%0%
65.1%
11.5% 8.8% 9.9%
4.7%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%
64.5%
0.8%
0.4%
2.6%
0.8%
0.4%
28.9%
1.6%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 79
Run Date: 7/5/2024 - 12:33 PM
Amortizing Page 3
Investment Policy Compliance
City of Lynwood 6/30/2024
Category Book Value % of Portfolio % Allowed by Policy In ComplianceReserved row US Treasuries 7,152,148.54 11.33% 100% Yes
US Federal Agencies 11,290,436.73 17.89% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 35,081,100.37 55.58% 75,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 59,931.22 0.09% 20% Yes
Negotiable Certificates of Deposit 5,657,747.98 8.96% 30% Yes Corporate Obligations 3,880,138.33 6.15% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 63,121,503.17 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 0.97 Less than 3.0 Years Yes
Liquidity 65.13% 30% Under 365 Days Yes
Ratings Yes
3 80
Run Date: 7/5/2024 - 12:33 PM
Amortizing Page 11
Historical Earnings & Book Return Performance
City of Lynwood 6/30/2024
Fiscal YTD ($K) Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 2022 $18.153 $37.347 $56.010 $82.204 $100.760 $118.668 $142.482 $159.901 $178.121 $203.773 $222.371 $242.161 FY 2023 $22.510 $61.308 $112.501 $198.598 $252.119 $307.834 $413.953 $476.124 $592.937 $653.599 $728.837 $789.814 FY 2024 $63.124 $126.979 $188.681 $344.654 $411.270 $465.003 $649.850 $718.491 $788.637 $972.078 $1,048.609 $1,107.686 Fiscal YTD Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Book Return 2.01% 2.02% 2.02% 2.75% 2.64% 2.47% 2.96% 2.88% 2.80% 2.92% 2.71% 2.53% Fiscal Year-To-Date Earnings
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
$0
$200
$400
$600
$800
$1,000
$1,200
Thousands
FY 2022
FY 2023
FY 2024
Fiscal Year-To-Date Book Return
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
1.75%
1.95%
2.15%
2.35%
2.55%
2.75%
2.95%
3.15%
11 81
Run Date: 7/5/2024 - 12:33 PM
Amortizing Page 12
Historical Yield At Cost vs Benchmark
City of Lynwood 6/30/2024
Month-End Yield At Cost vs Benchmark
Jun-17
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Jun-22
Sep-22
Dec-22
Mar-23
Jun-23
Sep-23
Dec-23
Mar-24
Jun-24
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5% Portfolio
Benchmark
Trailing 12 Months: Month End Yield At Cost vs Benchmark Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5% Portfolio
Benchmark
Benchmark: Custom Benchmark (see disclosure)
12 82
Run Date: 7/5/2024 - 12:33 PM
Amortizing Page 13
Total Return Performance
City of Lynwood 6/30/2024
*Index: ICE BofA 0-3Yr Treasury Index
**Inception: June 2017
1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception
Portfolio 0.258% 0.396% 4.126% 4.126% 0.953% 1.386% 1.598% Benchmark 0.522% 1.052% 4.808% 4.808% 1.149% 1.399% 1.563% Variance -0.264% -0.656% -0.682% -0.682% -0.196% -0.013% 0.035% 1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception**
0%
1%
2%
3%
4%
5%
6%
Portfolio
Benchmark
13 83
Portfolio Summary
City of Lynwood June 30, 2024
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 5,661,000.00 5,657,747.98 8.96 3.48 1,024 5,512,100.82 Corporate Bonds 3,900,000.00 3,880,138.33 6.15 3.97 775 3,834,299.00 LAIF 35,081,100.37 35,081,100.37 55.58 4.33 1 35,081,100.37 Money Market Funds 59,931.22 59,931.22 0.09 5.21 1 59,931.22 U.S. Agencies 11,341,000.00 11,290,436.73 17.89 3.59 795 11,142,239.51 U.S. Treasuries 7,209,000.00 7,152,148.54 11.33 2.19 629 6,908,255.28 63,121,503.17 100.00 353 62,537,926.20 3.86 63,252,031.59 Investments
June 30 Month Ending Fiscal Year To DateTotal Earnings
Current Year 59,077.08 1,107,686.11
Average Daily Balance 63,087,791.94 43,741,872.89
Book Rate of Return 1.14% 2.53%
Run Date: 7/5/2024 - 12:34 PM
Amortizing
15 84
Holdings Report
City of Lynwood June 30, 2024
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
32100LCB9 248,000.00First Missouri State Bank 09/13/2019 248,000.00 99.23 246,096.69 0.39% NR/NR 0.2109/13/2024 -1,903.31 NR 0.21 1,382.68 1.85% 248,000.00 5.63%1.850% 27002YFE1 248,000.00EagleBank 08/18/2022 248,000.00 97.78 242,490.61 0.39% NR/NR 1.1308/18/2025 -5,509.39 NR 1.10 291.48 3.30% 248,000.00 5.33%3.300% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 94.24 233,720.36 0.39% NR/NR 1.2409/25/2025 -14,279.64 NR 1.23 332.93 0.50% 248,000.00 5.38%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 92.89 230,376.16 0.39% NR/NR 1.8204/27/2026 -17,623.84 NR 1.81 441.64 1.00% 248,000.00 5.13%1.000% 02007GUP6 248,000.00Ally Bank 07/07/2022 248,000.00 96.82 240,101.51 0.39% NR/NR 2.0207/07/2026 -7,898.49 NR 1.91 4,006.05 3.35% 248,000.00 5.03%3.350% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 92.14 228,500.83 0.39% NR/NR 2.0407/15/2026 -19,499.17 NR 2.01 1,084.41 0.95% 248,000.00 5.05%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 91.82 227,709.34 0.39% NR/NR 2.1208/11/2026 -20,290.66 NR 2.09 129.10 0.95% 248,000.00 5.06%0.950% 15721UFP9 248,000.00CFBank 03/15/2023 248,000.00 99.52 246,815.01 0.39% NR/NR 2.2109/15/2026 -1,184.99 NR 2.05 516.38 4.75% 248,000.00 4.98%4.750% 32117BFR4 248,000.00First National Bank 03/23/2023 248,000.00 100.04 248,101.43 0.39% NR/NR 2.2309/23/2026 101.43 NR 2.07 271.78 5.00% 248,000.00 4.98%5.000%
910286GM9 248,000.00United Fidelity Bank FSB 06/29/2023 247,546.16 99.28 246,210.66 0.39% NR/NR 3.0006/29/2027 -1,449.50 NR 2.72 61.83 4.60% 247,660.16 4.81%4.550% 254673L38 248,000.00Discover Bank 07/07/2022 248,000.00 95.81 237,604.91 0.39% NR/NR 3.0207/06/2027 -10,395.09 NR 2.80 4,088.94 3.40% 248,000.00 4.91%3.400% 14042RST9 248,000.00Capital One Bank NA 07/07/2022 248,000.00 95.95 237,946.00 0.39% NR/NR 3.0207/07/2027 -10,054.00 NR 2.80 4,125.63 3.45% 248,000.00 4.91%3.450% 14042TJD0 248,000.00Capital One Bank USA 08/03/2022 248,000.00 96.18 238,523.89 0.39% NR/NR 3.0908/03/2027 -9,476.11 NR 2.87 3,593.96 3.55% 248,000.00 4.89%3.550% 61768ELH4 248,000.00Morgan Stanley Private Bank 08/04/2022 248,000.00 96.03 238,165.19 0.39% NR/NR 3.1008/04/2027 -9,834.81 NR 2.87 3,519.56 3.50% 248,000.00 4.89%3.500% 87164XN93 248,000.00Synchrony Bank 08/05/2022 248,000.00 96.11 238,355.85 0.39% NR/NR 3.1008/05/2027 -9,644.15 NR 2.88 3,495.78 3.50% 248,000.00 4.93%3.500% 02589ADQ2 205,000.00American Express National Bank 08/12/2022 203,975.00 95.78 196,356.80 0.32% NR/NR 3.1108/10/2027 -8,004.82 NR 2.89 2,751.49 3.56% 204,361.62 4.93%3.450% 32114VCH8 248,000.00First National Bank of Michigan 03/15/2023 248,000.00 99.60 247,012.99 0.39% NR/NR 3.7103/15/2028 -987.01 NR 3.34 500.08 4.60% 248,000.00 4.72%4.600%
61690U3C2 248,000.00Morgan Stanley Bank 03/16/2023 247,454.40 100.23 248,559.46 0.39% NR/NR 3.7103/16/2028 964.11 NR 3.32 3,489.67 4.85% 247,595.35 4.73%4.800% 062119BK7 248,000.00Bank Five Nine 03/20/2023 248,000.00 99.78 247,464.10 0.39% NR/NR 3.7203/20/2028 -535.90 NR 3.35 347.54 4.65% 248,000.00 4.71%4.650%
Run Date: 7/5/2024 - 12:34 PM
Amortizing
16 85
Holdings Report
City of Lynwood June 30, 2024
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
12547CBJ6 248,000.00CIBC Bank USA 05/17/2023 247,446.96 98.80 245,029.30 0.39% NR/NR 3.8805/16/2028 -2,541.84 NR 3.52 1,359.58 4.40% 247,571.14 4.69%4.350% 05600XQE3 248,000.00BMO Harris Bank NA 05/17/2023 247,449.44 99.33 246,340.59 0.39% NR/NR 3.8805/16/2028 -1,232.47 NR 3.51 1,406.47 4.55% 247,573.06 4.69%4.500% 949764HK3 248,000.00Wells Fargo Bank NA 11/07/2023 247,451.92 101.73 252,301.58 0.39% NR/NR 4.3611/07/2028 4,778.86 NR 3.84 823.50 5.10% 247,522.72 4.61%5.050% 06251A6Z8 248,000.00Bank Hapoalim 05/21/2024 247,451.92 100.13 248,317.58 0.39% NR/NR 4.8905/21/2029 853.65 NR 4.32 1,281.45 4.65% 247,463.93 4.57%4.600% 5,656,775.80 5,512,100.82 8.96% 2.81
5,657,747.98 3.48% 5,661,000.00 4.94% 39,301.93 -145,647.14 2.58Total Certificates of Deposit Corporate Bonds
64952WDL4 250,000.00New York Life 01/22/2020 249,102.50 98.08 245,205.00 0.40% Aaa/AA+ 0.5601/22/2025 -4,694.28 AAA 0.54 2,208.33 2.08% 249,899.28 5.52%2.000% 88579YBH3 500,000.003M 09/07/2022 476,510.00 97.81 489,055.00 0.78% A3/BBB+ 0.6302/14/2025 -4,945.27 A- 0.60 3,805.56 4.04% 494,000.27 5.62%2.000% 30231GBH4 250,000.00Exxon Mobil 06/22/2020 272,752.50 98.35 245,867.50 0.40% Aa2/AA- 0.7203/19/2025 -7,584.70 NR 0.69 2,119.33 0.99% 253,452.20 5.36%2.992% 02/19/2025 59217GFC8 500,000.00MetLife 08/25/2022 499,380.00 98.62 493,100.00 0.79% Aa3/AA- 1.1508/25/2025 -6,661.76 AA- 1.09 7,087.50 4.09% 499,761.76 5.29%4.050% 037833BY5 500,000.00Apple 08/25/2022 496,085.00 97.19 485,970.00 0.79% Aaa/AA+ 1.6502/23/2026 -12,184.53 NR 1.53 5,777.78 3.49% 498,154.53 5.04%3.250% 857477CL5 500,000.00State Street Corp 04/22/2024 496,675.00 99.89 499,450.00 0.79% A1/A 2.7203/18/2027 2,558.84 AA- 2.43 7,142.76 5.24% 496,891.16 5.03%4.993% 808513BW4 250,000.00Charles Schwab 04/12/2022 249,407.50 95.44 238,595.00 0.40% A2/A- 2.7504/01/2027 -11,076.79 A 2.52 2,062.50 3.35% 249,671.79 5.10%3.300% 023135CF1 250,000.00Amazon 06/09/2022 248,005.00 96.01 240,022.50 0.39% A1/AA 2.7904/13/2027 -8,830.15 AA- 2.57 1,787.50 3.48% 248,852.65 4.85%3.300% 89236TKQ7 400,000.00Toyota Motor Credit 04/19/2024 392,900.00 99.10 396,404.00 0.62% A1/A+ 3.5401/12/2028 3,128.65 A+ 3.14 8,684.72 5.15% 393,275.35 4.90%4.625% 904764BS5 500,000.00Unilever Capital Corp 09/22/2023 495,475.00 100.13 500,630.00 0.79% A1/A+ 4.1909/08/2028 4,450.66 NR 3.65 7,651.04 5.08% 496,179.34 4.84%4.875% 3,876,292.50 3,834,299.00 6.15% 2.12
3,880,138.33 3.97% 3,900,000.00 5.15% 48,327.02 -45,839.33 1.92Total Corporate Bonds Run Date: 7/5/2024 - 12:34 PM
Amortizing
17 86
Holdings Report
City of Lynwood June 30, 2024
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 35,081,100.37LAIF 04/15/2024 35,081,100.37 1.00 35,081,100.37 55.58% NR/NR 0.0007/01/2024
0.00 NR 0.00 0.00 4.33% 35,081,100.37 4.33%4.332%
35,081,100.37 35,081,100.37 55.58% 0.00
35,081,100.37 4.33% 35,081,100.37 4.33% 0.00 0.00 0.00Total LAIF Money Market Funds
FGTXX 59,931.22Goldman Sachs Govt MMF 59,931.22 1.00 59,931.22 0.09% Aaa/AAA 0.0007/01/2024
0.00 NR 0.00 126.82 5.21% 59,931.22 5.21%5.210%
59,931.22 59,931.22 0.09% 0.00
59,931.22 5.21% 59,931.22 5.21% 126.82 0.00 0.00Total Money Market Funds U.S. Agencies
3133EKTV8 500,000.00FFCB 07/02/2019 499,900.00 100.00 500,000.00 0.79% Aaa/AA+ 0.0007/01/2024
0.06 AA+ 0.01 4,750.00 1.90% 499,999.94 1.88%1.900%
3133ENG20 1,000,000.00FFCB 08/18/2022 998,300.00 99.71 997,140.00 1.58% Aaa/AA+ 0.1308/15/2024 -2,753.31 AA+ 0.12 12,466.67 3.39% 999,893.31 5.54%3.300% 3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 98.83 197,668.00 0.32% Aaa/AA+ 0.3010/16/2024 -2,235.96 AA+ 0.28 625.00 1.67% 199,903.96 5.51%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 97.99 489,945.00 0.80% Aaa/AA+ 0.7003/14/2025 -16,628.46 AA+ 0.68 3,529.51 0.49% 506,573.46 5.31%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 95.03 475,140.00 0.79% Aaa/AA+ 1.1208/12/2025 -24,860.00 AA+ 1.10 923.61 0.50% 500,000.00 5.14%0.500% 02/18/2022 3130ASYR4 2,000,000.00FHLB 08/30/2022 2,000,000.00 98.77 1,975,480.00 3.17% Aaa/AA+ 1.1608/28/2025 -24,520.00 AA+ 1.04 27,333.33 4.00% 2,000,000.00 5.10%4.000% 08/28/2024 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 94.51 472,560.00 0.79% Aaa/AA+ 1.2309/23/2025 -26,816.60 AA+ 1.20 510.42 0.48% 499,376.60 5.03%0.375% 3130AXU63 1,000,000.00FHLB 11/17/2023 998,230.00 99.90 999,000.00 1.58% Aaa/AA+ 2.3811/17/2026 404.53 AA+ 2.21 5,652.78 4.69% 998,595.47 4.67%4.625% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 92.00 459,990.00 0.79% Aaa/AA+ 2.5012/30/2026 -40,010.00 AA+ 2.40 19.03 1.37% 500,000.00 4.81%1.370% 09/30/2024 3130AL5A8 500,000.00FHLB 02/09/2023 438,340.00 90.66 453,320.00 0.73% Aaa/AA+ 2.6602/26/2027 -6,222.24 AA+ 2.55 1,562.50 4.25% 459,542.24 4.68%0.900% 08/26/2024 3130ARTT8 600,000.00FHLB 05/19/2022 600,000.00 98.42 590,508.00 0.95% Aaa/AA+ 2.8805/19/2027 -9,492.00 AA+ 1.64 2,625.00 3.75% 600,000.00 4.34%3.750% 08/19/2024 Run Date: 7/5/2024 - 12:34 PM
Amortizing
18 87
Holdings Report
City of Lynwood June 30, 2024
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 97.77 977,740.00 1.58% Aaa/AA+ 3.1508/25/2027 -22,260.00 AA+ 2.09 14,175.00 4.05% 1,000,000.00 4.82%4.050% 08/25/2024 3134GYUE0 1,000,000.00FHLMC 06/30/2023 1,000,000.00 99.71 997,090.00 1.58% Aaa/AA+ 4.0006/28/2028 -2,910.00 AA+ 0.55 500.00 6.00% 1,000,000.00 6.08%6.000% 07/28/2024 3133EPZN8 1,000,000.00FFCB 10/24/2023 998,880.00 102.16 1,021,550.00 1.58% Aaa/AA+ 4.3210/24/2028 22,516.93 AA+ 3.80 9,305.56 5.03% 999,033.07 4.44%5.000% 3133EP5U5 541,000.00FFCB 04/19/2024 526,955.64 98.91 535,108.51 0.84% Aaa/AA+ 4.7203/20/2029 7,589.83 AA+ 4.17 6,260.95 4.72% 527,518.68 4.38%4.125% 11,297,810.64 11,142,239.51 17.89% 2.18
11,290,436.73 3.59% 11,341,000.00 4.87% 90,239.36 -148,197.22 1.59Total U.S. Agencies U.S. Treasuries
912796Y52 1,014,000.00U.S. Treasury 04/03/2024 1,000,352.40 99.94 1,013,411.88 1.61% P-1/A-1+ 0.0107/05/2024 153.60 F1+ 0.02 0.00 5.37% 1,013,258.28 4.25%0.000%
912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 98.43 984,320.00 1.59% Aaa/AA+ 0.4211/30/2024 -20,136.85 AA+ 0.41 1,270.49 0.43% 1,004,456.85 5.33%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 95.63 478,160.00 0.79% Aaa/AA+ 0.9205/31/2025 -19,861.57 AA+ 0.89 105.87 0.69% 498,021.57 5.18%0.250% 91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 93.81 938,130.00 1.58% Aaa/AA+ 1.4211/30/2025 -58,451.00 AA+ 1.38 317.62 0.62% 996,581.00 4.95%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 93.20 465,995.00 0.79% Aaa/AA+ 1.5901/31/2026 -32,212.37 AA+ 1.54 782.97 0.60% 498,207.37 4.89%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 92.74 927,380.00 1.59% Aaa/AA+ 1.9205/31/2026 -73,560.23 AA+ 1.85 635.25 0.70% 1,000,940.23 4.76%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 92.04 460,175.00 0.79% Aaa/AA+ 2.2509/30/2026 -36,617.62 AA+ 2.17 1,099.73 1.17% 496,792.62 4.64%0.875% 91282CFU0 565,000.00U.S. Treasury 05/23/2024 556,811.91 98.90 558,796.30 0.88% Aaa/AA+ 3.3410/31/2027 1,736.66 AA+ 3.05 3,926.60 4.58% 557,059.64 4.48%4.125% 91282CGC9 630,000.00U.S. Treasury 03/03/2023 616,587.89 98.12 618,137.10 0.98% Aaa/AA+ 3.5012/31/2027 -2,138.36 AA+ 3.22 66.34 4.37% 620,275.46 4.46%3.875% 9128286B1 500,000.00U.S. Treasury 02/21/2024 463,984.38 92.75 463,750.00 0.74% Aaa/AA+ 4.6302/15/2029 -2,805.51 AA+ 4.22 4,939.90 4.24% 466,555.51 4.37%2.625% 7,144,279.56 6,908,255.28 11.33% 1.72
7,152,148.54 2.19% 7,209,000.00 4.75% 13,144.77 -243,893.25 1.62Total U.S. Treasuries Run Date: 7/5/2024 - 12:34 PM
Amortizing
19 88
Holdings Report
City of Lynwood June 30, 2024
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
63,116,190.09 62,537,926.20 100.00% 0.97
191,139.90 -583,576.94 0.82 4.58% 63,121,503.17 3.86% 63,252,031.59TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 62,729,066.10 Run Date: 7/5/2024 - 12:34 PM
Amortizing
20 89
Maturity Report
City of Lynwood June 30, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 5.210% 1Goldman Sachs Govt MMF 59,931.22 07/01/2024 1 5.21% 59,931.22 59,931.22 3133EKTV8 1.900% 1,825FFCB 07/02/2019 499,999.94 07/01/2024 1 1.90% 500,000.00 500,000.00 9819499 4.332% 1LAIF 05/18/2020 35,081,100.37 07/01/2024 1 4.33% 35,081,100.37 35,081,100.37 912796Y52 0.000% 88U.S. Treasury 04/03/2024 1,013,258.28 07/05/2024 5 5.37% 1,014,000.00 1,013,411.88 3133ENG20 3.300% 682FFCB 08/18/2022 999,893.31 08/15/2024 46 3.39% 1,000,000.00 997,140.00 32100LCB9 1.850% 1,752First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 75 1.85% 248,000.00 246,096.69 3133EK3B0 1.500% 1,718FFCB 10/17/2019 199,903.96 10/16/2024 108 1.67% 200,000.00 197,668.00 912828YV6 1.500% 1,074U.S. Treasury 07/22/2021 1,004,456.85 11/30/2024 153 0.43% 1,000,000.00 984,320.00 64952WDL4 2.000% 1,621New York Life 01/22/2020 249,899.28 01/22/2025 206 2.08% 250,000.00 245,205.00 88579YBH3 2.000% 6623M 09/07/2022 494,000.27 02/14/2025 229 4.04% 500,000.00 489,055.00 3130A4CH3 2.375% 1,362FHLB 10/07/2020 506,573.46 03/14/2025 257 0.49% 500,000.00 489,945.00 30231GBH4 2.992% 1,469Exxon Mobil 06/22/2020 253,452.20 03/19/2025 262 0.99% 250,000.00 245,867.50 912828ZT0 0.250% 1,097U.S. Treasury 06/29/2021 498,021.57 05/31/2025 335 0.69% 500,000.00 478,160.00 3136G4H71 0.500% 1,412FNMA 08/18/2020 500,000.00 08/12/2025 408 0.50% 500,000.00 475,140.00 27002YFE1 3.300% 682EagleBank 08/18/2022 248,000.00 08/18/2025 414 3.30% 248,000.00 242,490.61 59217GFC8 4.050% 675MetLife 08/25/2022 499,761.76 08/25/2025 421 4.09% 500,000.00 493,100.00 3130ASYR4 4.000% 670FHLB 08/30/2022 2,000,000.00 08/28/2025 424 4.00% 2,000,000.00 1,975,480.00 3137EAEX3 0.375% 1,349FHLMC 10/20/2020 499,376.60 09/23/2025 450 0.48% 500,000.00 472,560.00 05580AXF6 0.500% 1,374BMW Bank 09/25/2020 248,000.00 09/25/2025 452 0.50% 248,000.00 233,720.36 91282CAZ4 0.375% 1,074U.S. Treasury 07/22/2021 996,581.00 11/30/2025 518 0.62% 1,000,000.00 938,130.00 91282CBH3 0.375% 1,221U.S. Treasury 02/25/2021 498,207.37 01/31/2026 580 0.60% 500,000.00 465,995.00 037833BY5 3.250% 675Apple 08/25/2022 498,154.53 02/23/2026 603 3.49% 500,000.00 485,970.00 856283S98 1.000% 1,160State Bank of India 04/27/2021 248,000.00 04/27/2026 666 1.00% 248,000.00 230,376.16 91282CCF6 0.750% 1,074U.S. Treasury 07/22/2021 1,000,940.23 05/31/2026 700 0.70% 1,000,000.00 927,380.00 02007GUP6 3.350% 724Ally Bank 07/07/2022 248,000.00 07/07/2026 737 3.35% 248,000.00 240,101.51 89235MLC3 0.950% 1,081Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 745 0.95% 248,000.00 228,500.83 90348JR93 0.950% 1,054UBS Bank USA 08/11/2021 248,000.00 08/11/2026 772 0.95% 248,000.00 227,709.34 15721UFP9 4.750% 473CFBank 03/15/2023 248,000.00 09/15/2026 807 4.75% 248,000.00 246,815.01 32117BFR4 5.000% 465First National Bank 03/23/2023 248,000.00 09/23/2026 815 5.00% 248,000.00 248,101.43 91282CCZ2 0.875% 985U.S. Treasury 10/19/2021 496,792.62 09/30/2026 822 1.17% 500,000.00 460,175.00 3130AXU63 4.625% 226FHLB 11/17/2023 998,595.47 11/17/2026 870 4.69% 1,000,000.00 999,000.00 3130AQEC3 1.370% 913FHLB 12/30/2021 500,000.00 12/30/2026 913 1.37% 500,000.00 459,990.00 3130AL5A8 0.900% 507FHLB 02/09/2023 459,542.24 02/26/2027 971 4.25% 500,000.00 453,320.00 857477CL5 4.993% 69State Street Corp 04/22/2024 496,891.16 03/18/2027 991 5.24% 500,000.00 499,450.00 808513BW4 3.300% 810Charles Schwab 04/12/2022 249,671.79 04/01/2027 1,005 3.35% 250,000.00 238,595.00 023135CF1 3.300% 752Amazon 06/09/2022 248,852.65 04/13/2027 1,017 3.48% 250,000.00 240,022.50 Run Date: 7/5/2024 - 12:34 PM
Amortizing
21 90
Maturity Report
City of Lynwood June 30, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
3130ARTT8 3.750% 773FHLB 05/19/2022 600,000.00 05/19/2027 1,053 3.75% 600,000.00 590,508.00 910286GM9 4.550% 367United Fidelity Bank FSB 06/29/2023 247,660.16 06/29/2027 1,094 4.60% 248,000.00 246,210.66 254673L38 3.400% 724Discover Bank 07/07/2022 248,000.00 07/06/2027 1,101 3.40% 248,000.00 237,604.91 14042RST9 3.450% 724Capital One Bank NA 07/07/2022 248,000.00 07/07/2027 1,102 3.45% 248,000.00 237,946.00 14042TJD0 3.550% 697Capital One Bank USA 08/03/2022 248,000.00 08/03/2027 1,129 3.55% 248,000.00 238,523.89 61768ELH4 3.500% 696Morgan Stanley Private Bank 08/04/2022 248,000.00 08/04/2027 1,130 3.50% 248,000.00 238,165.19 87164XN93 3.500% 695Synchrony Bank 08/05/2022 248,000.00 08/05/2027 1,131 3.50% 248,000.00 238,355.85 02589ADQ2 3.450% 688American Express National Bank 08/12/2022 204,361.62 08/10/2027 1,136 3.56% 205,000.00 196,356.80 3130AT2L0 4.050% 670FHLB 08/30/2022 1,000,000.00 08/25/2027 1,151 4.05% 1,000,000.00 977,740.00 91282CFU0 4.125% 38U.S. Treasury 05/23/2024 557,059.64 10/31/2027 1,218 4.58% 565,000.00 558,796.30 91282CGC9 3.875% 485U.S. Treasury 03/03/2023 620,275.46 12/31/2027 1,279 4.37% 630,000.00 618,137.10 89236TKQ7 4.625% 72Toyota Motor Credit 04/19/2024 393,275.35 01/12/2028 1,291 5.15% 400,000.00 396,404.00 32114VCH8 4.600% 473First National Bank of Michigan 03/15/2023 248,000.00 03/15/2028 1,354 4.60% 248,000.00 247,012.99 61690U3C2 4.800% 472Morgan Stanley Bank 03/16/2023 247,595.35 03/16/2028 1,355 4.85% 248,000.00 248,559.46 062119BK7 4.650% 468Bank Five Nine 03/20/2023 248,000.00 03/20/2028 1,359 4.65% 248,000.00 247,464.10 05600XQE3 4.500% 410BMO Harris Bank NA 05/17/2023 247,573.06 05/16/2028 1,416 4.55% 248,000.00 246,340.59 12547CBJ6 4.350% 410CIBC Bank USA 05/17/2023 247,571.14 05/16/2028 1,416 4.40% 248,000.00 245,029.30 3134GYUE0 6.000% 366FHLMC 06/30/2023 1,000,000.00 06/28/2028 1,459 6.00% 1,000,000.00 997,090.00 904764BS5 4.875% 282Unilever Capital Corp 09/22/2023 496,179.34 09/08/2028 1,531 5.08% 500,000.00 500,630.00 3133EPZN8 5.000% 250FFCB 10/24/2023 999,033.07 10/24/2028 1,577 5.03% 1,000,000.00 1,021,550.00 949764HK3 5.050% 236Wells Fargo Bank NA 11/07/2023 247,522.72 11/07/2028 1,591 5.10% 248,000.00 252,301.58 9128286B1 2.625% 130U.S. Treasury 02/21/2024 466,555.51 02/15/2029 1,691 4.24% 500,000.00 463,750.00 3133EP5U5 4.125% 72FFCB 04/19/2024 527,518.68 03/20/2029 1,724 4.72% 541,000.00 535,108.51 06251A6Z8 4.600% 40Bank Hapoalim 05/21/2024 247,463.93 05/21/2029 1,786 4.65% 248,000.00 248,317.58 Net Maturities and Averages 63,121,503.17 353 3.86% 62,537,926.20 63,252,031.59 Run Date: 7/5/2024 - 12:34 PM
Amortizing
22 91
Summary by Issuer
City of Lynwood June 30, 2024
Issuer Investments
Number of Par
Value
Book
Value
% of
Portfolio YTM Maturity
Days toBook
LAIF 1 35,081,100.37 35,081,100.37 55.58 4.33 1
U.S. Treasury 10 7,209,000.00 7,152,148.54 11.33 2.19 629 FHLB 7 6,100,000.00 6,064,711.17 9.61 3.61 747
FFCB 5 3,241,000.00 3,226,348.96 5.11 3.78 791
FHLMC 2 1,500,000.00 1,499,376.60 2.38 4.16 1,123 FNMA 1 500,000.00 500,000.00 0.79 0.50 408
MetLife 1 500,000.00 499,761.76 0.79 4.09 421
Apple 1 500,000.00 498,154.53 0.79 3.49 603
State Street Corp 1 500,000.00 496,891.16 0.79 5.24 991 Unilever Capital Corp 1 500,000.00 496,179.34 0.79 5.08 1,531 3M 1 500,000.00 494,000.27 0.78 4.04 229
Toyota 1 400,000.00 393,275.35 0.62 5.15 1,291
Exxon Mobil 1 250,000.00 253,452.20 0.40 0.99 262 New York Life 1 250,000.00 249,899.28 0.40 2.08 206 Charles Schwab 1 250,000.00 249,671.79 0.40 3.35 1,005 Amazon 1 250,000.00 248,852.65 0.39 3.48 1,017
Ally Bank 1 248,000.00 248,000.00 0.39 3.35 737
BMW Bank 1 248,000.00 248,000.00 0.39 0.50 452
Capital One Bank NA 1 248,000.00 248,000.00 0.39 3.45 1,102 Capital One Bank USA 1 248,000.00 248,000.00 0.39 3.55 1,129 CFBank 1 248,000.00 248,000.00 0.39 4.75 807
Bank Five Nine 1 248,000.00 248,000.00 0.39 4.65 1,359 Discover Bank 1 248,000.00 248,000.00 0.39 3.40 1,101 EagleBank 1 248,000.00 248,000.00 0.39 3.30 414
State Bank of India 1 248,000.00 248,000.00 0.39 1.00 666 Morgan Stanley Private Bank 1 248,000.00 248,000.00 0.39 3.50 1,130 Toyota Financial Savings Bank 1 248,000.00 248,000.00 0.39 0.95 745 Synchrony Bank 1 248,000.00 248,000.00 0.39 3.50 1,131 First Missouri State Bank 1 248,000.00 248,000.00 0.39 1.85 75 First National Bank 1 248,000.00 248,000.00 0.39 5.00 815 First National Bank of Michigan 1 248,000.00 248,000.00 0.39 4.60 1,354 UBS Bank USA 1 248,000.00 248,000.00 0.39 0.95 772 United Fidelity Bank FSB 1 248,000.00 247,660.16 0.39 4.60 1,094 Morgan Stanley Bank 1 248,000.00 247,595.35 0.39 4.85 1,355 BMO Harris Bank NA 1 248,000.00 247,573.06 0.39 4.55 1,416 CIBC Bank USA 1 248,000.00 247,571.14 0.39 4.40 1,416 Run Date: 7/5/2024 - 12:34 PM
Amortizing
23 92
Summary by Issuer
City of Lynwood June 30, 2024
Issuer Investments
Number of Par
Value
Book
Value
% of
Portfolio YTM Maturity
Days toBook
Wells Fargo 1 248,000.00 247,522.72 0.39 5.10 1,591 Bank Hapoalim 1 248,000.00 247,463.93 0.39 4.65 1,786 American Express National Bank 1 205,000.00 204,361.62 0.32 3.56 1,136 Goldman Sachs Govt MMF 1 59,931.22 59,931.22 0.09 5.21 1 Total and Average 60 63,252,031.59 63,121,503.17 353 100.00% 3.86 Run Date: 7/5/2024 - 12:34 PM
Amortizing
24 93
Income Earned Summary
City of Lynwood June 30, 2024
Fiscal Year To DateJune 30 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
37,465.45 1,118,508.55
191,139.90 191,139.90
-176,372.37 -245,539.44
52,232.98 1,064,109.01
6,844.10 43,577.10
0.00 0.00
59,077.08
1,107,686.11
Run Date: 7/5/2024 - 12:34 PM
Amortizing
25 94
Income Earned
City of Lynwood June 01, 2024 - June 30, 2024
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
32100LCB9 09/13/2024 248,000.00First Missouri State Bank 248,000.00 248,000.00 1,005.59 0.00 1,382.68 377.09 0.00 377.09 27002YFE1 08/18/2025 248,000.00EagleBank 248,000.00 248,000.00 313.91 695.08 291.48 672.65 0.00 672.65 05580AXF6 09/25/2025 248,000.00BMW Bank 248,000.00 248,000.00 231.01 0.00 332.93 101.92 0.00 101.92 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 237.81 0.00 441.64 203.83 0.00 203.83 02007GUP6 07/07/2026 248,000.00Ally Bank 248,000.00 248,000.00 3,323.20 0.00 4,006.05 682.85 0.00 682.85 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 890.76 0.00 1,084.41 193.65 0.00 193.65 90348JR93 08/11/2026 248,000.00UBS Bank USA 248,000.00 248,000.00 135.55 200.10 129.10 193.65 0.00 193.65 15721UFP9 09/15/2026 248,000.00CFBank 248,000.00 248,000.00 548.66 1,000.49 516.38 968.21 0.00 968.21 32117BFR4 09/23/2026 248,000.00First National Bank 248,000.00 248,000.00 305.75 1,053.15 271.78 1,019.18 0.00 1,019.18 910286GM9 06/29/2027 248,000.00United Fidelity Bank FSB 247,650.84 247,660.16 92.75 0.00 61.83 -30.92 9.32 -21.60 254673L38 07/06/2027 248,000.00Discover Bank 248,000.00 248,000.00 3,395.90 0.00 4,088.94 693.04 0.00 693.04 14042RST9 07/07/2027 248,000.00Capital One Bank NA 248,000.00 248,000.00 3,422.40 0.00 4,125.63 703.23 0.00 703.23 14042TJD0 08/03/2027 248,000.00Capital One Bank USA 248,000.00 248,000.00 2,870.35 0.00 3,593.96 723.61 0.00 723.61 61768ELH4 08/04/2027 248,000.00Morgan Stanley Private Bank 248,000.00 248,000.00 2,806.14 0.00 3,519.56 713.42 0.00 713.42 87164XN93 08/05/2027 248,000.00Synchrony Bank 248,000.00 248,000.00 2,782.36 0.00 3,495.78 713.42 0.00 713.42 02589ADQ2 08/10/2027 205,000.00American Express National Bank 204,344.76 204,361.62 2,170.19 0.00 2,751.49 581.30 16.86 598.16 32114VCH8 03/15/2028 248,000.00First National Bank of Michigan 248,000.00 248,000.00 531.33 968.90 500.08 937.65 0.00 937.65 61690U3C2 03/16/2028 248,000.00Morgan Stanley Bank 247,586.40 247,595.35 2,511.25 0.00 3,489.67 978.42 8.96 987.38 062119BK7 03/20/2028 248,000.00Bank Five Nine 248,000.00 248,000.00 379.13 979.43 347.54 947.84 0.00 947.84 05600XQE3 05/16/2028 248,000.00BMO Harris Bank NA 247,564.01 247,573.06 489.21 0.00 1,406.47 917.26 9.05 926.31 12547CBJ6 05/16/2028 248,000.00CIBC Bank USA 247,562.05 247,571.14 472.90 0.00 1,359.58 886.68 9.09 895.77 949764HK3 11/07/2028 248,000.00Wells Fargo Bank NA 247,513.72 247,522.72 857.81 1,063.68 823.50 1,029.37 9.00 1,038.37 06251A6Z8 05/21/2029 248,000.00Bank Hapoalim 247,454.92 247,463.93 343.80 0.00 1,281.45 937.65 9.00 946.65 Certificates of Deposit - Sub Total 5,661,000.00 5,657,676.71 5,657,747.98 30,117.76 5,960.83 39,301.93 15,145.00 71.27 15,216.27 Corporate Bonds
64952WDL4 01/22/2025 250,000.00New York Life 249,884.82 249,899.28 1,791.67 0.00 2,208.33 416.66 14.46 431.12 88579YBH3 02/14/2025 500,000.003M 493,223.52 494,000.27 2,972.22 0.00 3,805.56 833.34 776.75 1,610.09 30231GBH4 03/19/2025 250,000.00Exxon Mobil 253,838.73 253,452.20 1,496.00 0.00 2,119.33 623.33 -386.54 236.79 59217GFC8 08/25/2025 500,000.00MetLife 499,745.11 499,761.76 5,400.00 0.00 7,087.50 1,687.50 16.65 1,704.15 037833BY5 02/23/2026 500,000.00Apple 498,064.28 498,154.53 4,423.61 0.00 5,777.78 1,354.17 90.25 1,444.42 857477CL5 03/18/2027 500,000.00State Street Corp 496,798.97 496,891.16 5,062.35 0.00 7,142.76 2,080.41 92.18 2,172.59 808513BW4 04/01/2027 250,000.00Charles Schwab 249,662.19 249,671.79 1,375.00 0.00 2,062.50 687.50 9.60 697.10 023135CF1 04/13/2027 250,000.00Amazon 248,819.47 248,852.65 1,100.00 0.00 1,787.50 687.50 33.17 720.67 Run Date: 7/5/2024 - 12:34 PM
Amortizing
26 95
Income Earned
City of Lynwood June 01, 2024 - June 30, 2024
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
89236TKQ7 01/12/2028 400,000.00Toyota Motor Credit 393,122.04 393,275.35 7,143.06 0.00 8,684.72 1,541.66 153.31 1,694.97 904764BS5 09/08/2028 500,000.00Unilever Capital Corp 496,105.87 496,179.34 5,619.79 0.00 7,651.04 2,031.25 73.47 2,104.72 Corporate Bonds - Sub Total 3,900,000.00 3,879,265.01 3,880,138.33 36,383.70 0.00 48,327.02 11,943.32 873.32 12,816.64 LAIF
9819499 07/01/2024 35,081,100.37LAIF 35,081,100.37 35,081,100.37 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total
35,081,100.37 35,081,100.37 35,081,100.37 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 07/01/2024 59,931.22Goldman Sachs Govt MMF 22,465.77 59,931.22 1,504.62 1,504.62 126.82 126.82 0.00 126.82 Money Market Funds - Sub Total
59,931.22 22,465.77 59,931.22 1,504.62 1,504.62 126.82 126.82 0.00 126.82 U.S. Agencies
3133EKTV8 07/01/2024 500,000.00FFCB 499,998.33 499,999.94 3,958.33 0.00 4,750.00 791.67 1.61 793.28 3133ENG20 08/15/2024 1,000,000.00FFCB 999,824.55 999,893.31 9,716.67 0.00 12,466.67 2,750.00 68.76 2,818.76 3133EK3B0 10/16/2024 200,000.00FFCB 199,877.68 199,903.96 375.00 0.00 625.00 250.00 26.28 276.28 3130A4CH3 03/14/2025 500,000.00FHLB 507,323.98 506,573.46 2,539.93 0.00 3,529.51 989.58 -750.51 239.07 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 499,335.79 499,376.60 354.17 0.00 510.42 156.25 40.81 197.06 3130AXU63 11/17/2026 1,000,000.00FHLB 998,547.94 998,595.47 1,798.61 0.00 5,652.78 3,854.17 47.53 3,901.70 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 458,314.96 459,542.24 1,187.50 0.00 1,562.50 375.00 1,227.28 1,602.28 3130ARTT8 05/19/2027 600,000.00FHLB 600,000.00 600,000.00 750.00 0.00 2,625.00 1,875.00 0.00 1,875.00 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 25,500.00 30,000.00 500.00 5,000.00 0.00 5,000.00 3133EPZN8 10/24/2028 1,000,000.00FFCB 999,015.02 999,033.07 5,138.89 0.00 9,305.56 4,166.67 18.04 4,184.71 3133EP5U5 03/20/2029 541,000.00FFCB 527,288.71 527,518.68 4,401.26 0.00 6,260.95 1,859.69 229.98 2,089.67 U.S. Agencies - Sub Total
11,341,000.00 11,289,526.97 11,290,436.73 90,775.50 30,000.00 90,239.36 29,463.86 909.77 30,373.63 U.S. Treasuries
912796Y52 07/05/2024 1,014,000.00U.S. Treasury 1,008,956.32 1,013,258.28 0.00 0.00 0.00 0.00 4,301.96 4,301.96 912828YV6 11/30/2024 1,000,000.00U.S. Treasury 1,005,330.74 1,004,456.85 40.98 0.00 1,270.49 1,229.51 -873.89 355.62 Run Date: 7/5/2024 - 12:34 PM
Amortizing
27 96
Income Earned
City of Lynwood June 01, 2024 - June 30, 2024
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 497,844.40 498,021.57 3.42 0.00 105.87 102.45 177.17 279.62 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 996,382.99 996,581.00 10.25 0.00 317.62 307.37 198.01 505.38 91282CBH3 01/31/2026 500,000.00U.S. Treasury 498,114.65 498,207.37 628.43 0.00 782.97 154.54 92.72 247.26 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,000,980.52 1,000,940.23 20.49 0.00 635.25 614.76 -40.30 574.46 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 496,675.56 496,792.62 741.12 0.00 1,099.73 358.61 117.06 475.67 91282CFU0 10/31/2027 565,000.00U.S. Treasury 556,864.06 557,059.64 2,026.63 0.00 3,926.60 1,899.97 195.58 2,095.55 91282CGC9 12/31/2027 630,000.00U.S. Treasury 620,047.36 620,275.46 10,261.30 0.00 66.34 -10,194.96 228.10 -9,966.86 9128286B1 02/15/2029 500,000.00U.S. Treasury 465,962.17 466,555.51 3,858.17 0.00 4,939.90 1,081.73 593.34 1,675.07 U.S. Treasuries - Sub Total 7,209,000.00 7,147,158.80 7,152,148.54 17,590.79 0.00 13,144.77 -4,446.02 4,989.75 543.73 63,252,031.59Grand Total 63,077,193.62 63,121,503.17 176,372.37 37,465.45 191,139.90 52,232.98 6,844.10 59,077.08 Run Date: 7/5/2024 - 12:34 PM
Amortizing
28 97
Realized Gains and Losses
City of Lynwood June 01, 2024 - June 30, 2024
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: 7/5/2024 - 12:34 PM
29 98
Transaction Report
City of Lynwood June 01, 2024 - June 30, 2024
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 06/04/2024 Interest FGTXX GSGF - - 1,504.62 - - 06/07/2024 Interest 949764HK3 WFC 5.05 11/07/28 11/07/2028 - - 1,063.68 - - 06/11/2024 Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 200.10 - - 06/17/2024 Interest 32114VCH8 FNBMIC 4.6 03/15/28 03/15/2028 - - 968.90 - - 06/17/2024 Interest 15721UFP9 CFBK 4 3/4 09/15/26 09/15/2026 - - 1,000.49 - - 06/18/2024 Interest 27002YFE1 EGBN 3.3 08/18/25 08/18/2025 - - 695.08 - - 06/20/2024 Interest 062119BK7 FBFCEN 4.65 03/20/28 03/20/2028 - - 979.43 - - 06/24/2024 Interest 32117BFR4 FNLC 5 09/23/26 09/23/2026 - - 1,053.15 - - 06/28/2024 Interest 3134GYUE0 FHLMC 6 06/28/28 06/28/2028 - - 30,000.00 - - Grand Total: 0.00 0.00 37,465.45 0.00 0.00
Run Date: 7/5/2024 - 12:34 PM
Amortizing
30 99
Run Date: 6/12/2024 - 11:31 AM
Amortizing Page 2
Portfolio Summary
City of Lynwood 5/31/2024
SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)
ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 5/31/24 4/30/24 Issuer % Portfolio
Market Value $62,407,471 $62,230,148 LAIF 55.6%
Book Value $63,077,194 $62,993,444 U.S. Treasury 11.3%
Variance -$669,723 -$763,297 FHLB 9.6%
FFCB 5.1%
Par Value $63,214,566 $63,129,104 FHLMC 2.4%
FNMA 0.8%
Net Asset Value $98.94 $98.79 MetLife 0.8%
Apple 0.8%
Book Yield 3.86% 3.81% State Street Corp 0.8%
Unilever Capital Corp 0.8%
Market Yield 4.64% 4.66% 3M 0.8%
Toyota 0.6%
Years to Maturity 1.01 0.99 Exxon Mobil 0.4%
New York Life 0.4%
Effective Duration 0.86 0.85 Charles Schwab 0.4%
Jun-23
Jul-23
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
Apr-24
May-24
2.40%
2.60%
2.80%
3.00%
3.20%
3.40%
3.60%
3.80%
4.00%
0.0%
6.2%
9.0%
11.3%
17.9%
55.6%
MMF
CORP
CD
TSY
AGY
LAIF
100%75%50%25%0%
65.1%
11.5% 8.4% 8.7% 6.3%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%
64.6%
0.8%
0.4%
2.6%
0.8%
0.4%
28.9%
1.6%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 100
Run Date: 6/12/2024 - 11:31 AM
Amortizing Page 3
Investment Policy Compliance
City of Lynwood 5/31/2024
Category Book Value % of Portfolio % Allowed by Policy In ComplianceReserved row US Treasuries 7,147,158.80 11.33% 100% Yes
US Federal Agencies 11,289,526.97 17.90% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 35,081,100.37 55.62% 75,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 22,465.77 0.04% 20% Yes
Negotiable Certificates of Deposit 5,657,676.71 8.97% 30% Yes Corporate Obligations 3,879,265.01 6.15% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 63,077,193.62 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.01 Less than 3.0 Years Yes
Liquidity 65.11% 30% Under 365 Days Yes
Ratings Yes
3 101
Run Date: 6/12/2024 - 11:31 AM
Amortizing Page 11
Historical Earnings & Book Return Performance
City of Lynwood 5/31/2024
Fiscal YTD ($K) Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 2022 $18.153 $37.347 $56.010 $82.204 $100.760 $118.668 $142.482 $159.901 $178.121 $203.773 $222.371 $242.161 FY 2023 $22.510 $61.308 $112.501 $198.598 $252.119 $307.834 $413.953 $476.124 $592.937 $653.599 $728.837 $789.814 FY 2024 $63.124 $126.979 $188.681 $344.654 $411.270 $465.003 $649.850 $718.491 $788.637 $972.078 $1,048.609 Fiscal YTD Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Book Return 2.01% 2.02% 2.02% 2.75% 2.64% 2.47% 2.96% 2.88% 2.80% 2.92% 2.71% Fiscal Year-To-Date Earnings
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
$0
$200
$400
$600
$800
$1,000
$1,200
Thousands
FY 2022
FY 2023
FY 2024
Fiscal Year-To-Date Book Return
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
1.75%
1.95%
2.15%
2.35%
2.55%
2.75%
2.95%
3.15%
11 102
Run Date: 6/12/2024 - 11:31 AM
Amortizing Page 12
Historical Yield At Cost vs Benchmark
City of Lynwood 5/31/2024
Month-End Yield At Cost vs Benchmark
Jun-17
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Jun-22
Sep-22
Dec-22
Mar-23
Jun-23
Sep-23
Dec-23
Mar-24
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5% Portfolio
Benchmark
Trailing 12 Months: Month End Yield At Cost vs Benchmark Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5% Portfolio
Benchmark
Benchmark: Custom Benchmark (see disclosure)
12 103
Run Date: 6/12/2024 - 11:31 AM
Amortizing Page 13
Total Return Performance
City of Lynwood 5/31/2024
*Index: ICE BofA 0-3Yr Treasury Index
**Inception: June 2017
1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception
Portfolio 0.273% 0.605% 3.858% 3.884% 0.852% 1.376% 1.579% Benchmark 0.617% 0.889% 4.264% 4.091% 0.938% 1.385% 1.505% Variance -0.344% -0.285% -0.406% -0.207% -0.086% -0.009% 0.074% 1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception**
0%
1%
1%
2%
2%
3%
3%
4%
4%
5%
Portfolio
Benchmark
13 104
Portfolio Summary
City of Lynwood May 31, 2024
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 5,661,000.00 5,657,676.71 8.97 3.48 1,054 5,507,557.72 Corporate Bonds 3,900,000.00 3,879,265.01 6.15 3.97 805 3,824,328.00 LAIF 35,081,100.37 35,081,100.37 55.62 4.33 1 35,081,100.37 Money Market Funds 22,465.77 22,465.77 0.04 5.22 1 22,465.77 U.S. Agencies 11,341,000.00 11,289,526.97 17.90 3.59 825 11,099,841.10 U.S. Treasuries 7,209,000.00 7,147,158.80 11.33 2.19 659 6,872,177.68 63,077,193.62 100.00 367 62,407,470.64 3.86 63,214,566.14 Investments
May 31 Month Ending Fiscal Year To DateTotal Earnings
Current Year 76,531.06 1,048,609.03
Average Daily Balance 63,030,474.32 41,983,152.97
Book Rate of Return 1.43% 2.71%
Run Date: 6/12/2024 - 11:31 AM
Amortizing
15 105
Holdings Report
City of Lynwood May 31, 2024
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
32100LCB9 248,000.00First Missouri State Bank 09/13/2019 248,000.00 98.95 245,406.84 0.39% NR/NR 0.2909/13/2024 -2,593.16 NR 0.28 1,005.59 1.85% 248,000.00 5.55%1.850% 27002YFE1 248,000.00EagleBank 08/18/2022 248,000.00 97.71 242,314.93 0.39% NR/NR 1.2208/18/2025 -5,685.07 NR 1.17 313.91 3.30% 248,000.00 5.26%3.300% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 93.92 232,916.61 0.39% NR/NR 1.3209/25/2025 -15,083.39 NR 1.31 231.01 0.50% 248,000.00 5.35%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 92.56 229,555.68 0.39% NR/NR 1.9104/27/2026 -18,444.32 NR 1.88 237.81 1.00% 248,000.00 5.14%1.000% 02007GUP6 248,000.00Ally Bank 07/07/2022 248,000.00 96.65 239,699.05 0.39% NR/NR 2.1007/07/2026 -8,300.95 NR 1.99 3,323.20 3.35% 248,000.00 5.05%3.350% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 91.78 227,612.05 0.39% NR/NR 2.1207/15/2026 -20,387.95 NR 2.09 890.76 0.95% 248,000.00 5.08%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 91.47 226,835.90 0.39% NR/NR 2.2008/11/2026 -21,164.10 NR 2.16 135.55 0.95% 248,000.00 5.08%0.950% 15721UFP9 248,000.00CFBank 03/15/2023 248,000.00 99.44 246,614.80 0.39% NR/NR 2.2909/15/2026 -1,385.20 NR 2.13 548.66 4.75% 248,000.00 5.01%4.750% 32117BFR4 248,000.00First National Bank 03/23/2023 248,000.00 100.00 248,011.41 0.39% NR/NR 2.3209/23/2026
11.41 NR 2.14 305.75 5.00% 248,000.00 5.00%5.000%
910286GM9 248,000.00United Fidelity Bank FSB 06/29/2023 247,546.16 99.28 246,209.00 0.39% NR/NR 3.0806/29/2027 -1,441.85 NR 2.79 92.75 4.60% 247,650.84 4.80%4.550% 254673L38 248,000.00Discover Bank 07/07/2022 248,000.00 95.83 237,652.44 0.39% NR/NR 3.1007/06/2027 -10,347.56 NR 2.88 3,395.90 3.40% 248,000.00 4.87%3.400% 14042RST9 248,000.00Capital One Bank NA 07/07/2022 248,000.00 95.97 238,003.12 0.39% NR/NR 3.1007/07/2027 -9,996.88 NR 2.88 3,422.40 3.45% 248,000.00 4.86%3.450% 14042TJD0 248,000.00Capital One Bank USA 08/03/2022 248,000.00 96.20 238,584.28 0.39% NR/NR 3.1808/03/2027 -9,415.72 NR 2.94 2,870.35 3.55% 248,000.00 4.85%3.550% 61768ELH4 248,000.00Morgan Stanley Private Bank 08/04/2022 248,000.00 96.05 238,214.72 0.39% NR/NR 3.1808/04/2027 -9,785.28 NR 2.95 2,806.14 3.50% 248,000.00 4.85%3.500% 87164XN93 248,000.00Synchrony Bank 08/05/2022 248,000.00 96.10 238,328.68 0.39% NR/NR 3.1808/05/2027 -9,671.32 NR 2.95 2,782.36 3.50% 248,000.00 4.84%3.500% 02589ADQ2 205,000.00American Express National Bank 08/12/2022 203,975.00 95.95 196,705.82 0.32% NR/NR 3.1908/10/2027 -7,638.94 NR 2.97 2,170.19 3.56% 204,344.76 4.83%3.450% 32114VCH8 248,000.00First National Bank of Michigan 03/15/2023 248,000.00 99.63 247,092.14 0.39% NR/NR 3.7903/15/2028 -907.86 NR 3.41 531.33 4.60% 248,000.00 4.71%4.600%
61690U3C2 248,000.00Morgan Stanley Bank 03/16/2023 247,454.40 100.24 248,600.34 0.39% NR/NR 3.7903/16/2028 1,013.94 NR 3.40 2,511.25 4.85% 247,586.40 4.73%4.800% 062119BK7 248,000.00Bank Five Nine 03/20/2023 248,000.00 99.82 247,545.86 0.39% NR/NR 3.8103/20/2028 -454.14 NR 3.42 379.13 4.65% 248,000.00 4.70%4.650%
Run Date: 6/12/2024 - 11:31 AM
Amortizing
16 106
Holdings Report
City of Lynwood May 31, 2024
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
12547CBJ6 248,000.00CIBC Bank USA 05/17/2023 247,446.96 98.80 245,035.25 0.39% NR/NR 3.9605/16/2028 -2,526.80 NR 3.59 472.90 4.40% 247,562.05 4.68%4.350% 05600XQE3 248,000.00BMO Harris Bank NA 05/17/2023 247,449.44 99.34 246,371.66 0.39% NR/NR 3.9605/16/2028 -1,192.35 NR 3.58 489.21 4.55% 247,564.01 4.68%4.500% 949764HK3 248,000.00Wells Fargo Bank NA 11/07/2023 247,451.92 101.67 252,150.54 0.39% NR/NR 4.4411/07/2028 4,636.82 NR 3.92 857.81 5.10% 247,513.72 4.63%5.050% 06251A6Z8 248,000.00Bank Hapoalim 05/21/2024 247,451.92 100.04 248,096.63 0.39% NR/NR 4.9805/21/2029 641.71 NR 4.39 343.80 4.65% 247,454.92 4.59%4.600%
5,656,775.80 5,507,557.72 8.97% 2.89
5,657,676.71 3.48% 5,661,000.00 4.92% 30,117.76 -150,118.96 2.66Total Certificates of Deposit Corporate Bonds
64952WDL4 250,000.00New York Life 01/22/2020 249,102.50 97.86 244,655.00 0.40% Aaa/AA+ 0.6501/22/2025 -5,229.82 AAA 0.62 1,791.67 2.08% 249,884.82 5.43%2.000% 88579YBH3 500,000.003M 09/07/2022 476,510.00 97.48 487,420.00 0.78% A3/BBB+ 0.7102/14/2025 -5,803.52 A- 0.68 2,972.22 4.04% 493,223.52 5.70%2.000% 30231GBH4 250,000.00Exxon Mobil 06/22/2020 272,752.50 98.16 245,397.50 0.40% Aa2/AA- 0.8003/19/2025 -8,441.23 NR 0.76 1,496.00 0.99% 253,838.73 5.37%2.992% 02/19/2025 59217GFC8 500,000.00MetLife 08/25/2022 499,380.00 98.40 491,990.00 0.79% Aa3/AA- 1.2408/25/2025 -7,755.11 AA- 1.16 5,400.00 4.09% 499,745.11 5.40%4.050% 037833BY5 500,000.00Apple 08/25/2022 496,085.00 97.06 485,310.00 0.79% Aaa/AA+ 1.7302/23/2026 -12,754.28 NR 1.61 4,423.61 3.49% 498,064.28 5.04%3.250% 857477CL5 500,000.00State Street Corp 04/22/2024 496,675.00 99.75 498,725.00 0.79% A1/A 2.8003/18/2027 1,926.03 AA- 2.50 5,062.35 5.24% 496,798.97 5.09%4.993% 808513BW4 250,000.00Charles Schwab 04/12/2022 249,407.50 95.18 237,955.00 0.40% A2/A- 2.8404/01/2027 -11,707.19 A 2.59 1,375.00 3.35% 249,662.19 5.15%3.300% 023135CF1 250,000.00Amazon 06/09/2022 248,005.00 95.53 238,827.50 0.39% A1/AA 2.8704/13/2027 -9,991.97 AA- 2.65 1,100.00 3.48% 248,819.47 4.99%3.300% 89236TKQ7 400,000.00Toyota Motor Credit 04/19/2024 392,900.00 98.74 394,968.00 0.62% A1/A+ 3.6201/12/2028 1,845.96 A+ 3.21 7,143.06 5.15% 393,122.04 5.01%4.625% 904764BS5 500,000.00Unilever Capital Corp 09/22/2023 495,475.00 99.82 499,080.00 0.79% A1/A+ 4.2809/08/2028 2,974.13 NR 3.73 5,619.79 5.08% 496,105.87 4.92%4.875% 3,876,292.50 3,824,328.00 6.15% 2.20
3,879,265.01 3.97% 3,900,000.00 5.21% 36,383.70 -54,937.00 1.99Total Corporate Bonds Run Date: 6/12/2024 - 11:31 AM
Amortizing
17 107
Holdings Report
City of Lynwood May 31, 2024
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 35,081,100.37LAIF 04/15/2024 35,081,100.37 1.00 35,081,100.37 55.62% NR/NR 0.0006/01/2024
0.00 NR 0.00 0.00 4.33% 35,081,100.37 4.33%4.330%
35,081,100.37 35,081,100.37 55.62% 0.00
35,081,100.37 4.33% 35,081,100.37 4.33% 0.00 0.00 0.00Total LAIF Money Market Funds
FGTXX 22,465.77Goldman Sachs Govt MMF 22,465.77 1.00 22,465.77 0.04% Aaa/AAA 0.0006/01/2024
0.00 NR 0.00 1,504.62 5.22% 22,465.77 5.22%5.215%
22,465.77 22,465.77 0.04% 0.00
22,465.77 5.22% 22,465.77 5.22% 1,504.62 0.00 0.00Total Money Market Funds U.S. Agencies
3133EKTV8 500,000.00FFCB 07/02/2019 499,900.00 99.74 498,675.00 0.79% Aaa/AA+ 0.0807/01/2024 -1,323.33 AA+ 0.07 3,958.33 1.90% 499,998.33 4.89%1.900% 3133ENG20 1,000,000.00FFCB 08/18/2022 998,300.00 99.54 995,420.00 1.59% Aaa/AA+ 0.2108/15/2024 -4,404.55 AA+ 0.19 9,716.67 3.39% 999,824.55 5.43%3.300% 3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 98.61 197,218.00 0.32% Aaa/AA+ 0.3810/16/2024 -2,659.68 AA+ 0.36 375.00 1.67% 199,877.68 5.23%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 97.86 489,315.00 0.80% Aaa/AA+ 0.7903/14/2025 -18,008.98 AA+ 0.75 2,539.93 0.49% 507,323.98 5.18%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 94.67 473,335.00 0.79% Aaa/AA+ 1.2008/12/2025 -26,665.00 AA+ 1.17 715.28 0.50% 500,000.00 5.15%0.500% 02/18/2022 3130ASYR4 2,000,000.00FHLB 08/30/2022 2,000,000.00 98.55 1,971,020.00 3.17% Aaa/AA+ 1.2408/28/2025 -28,980.00 AA+ 1.14 20,666.67 4.00% 2,000,000.00 5.21%4.000% 08/28/2024 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 94.05 470,260.00 0.79% Aaa/AA+ 1.3209/23/2025 -29,075.79 AA+ 1.27 354.17 0.48% 499,335.79 5.12%0.375% 3130AXU63 1,000,000.00FHLB 11/17/2023 998,230.00 99.75 997,540.00 1.58% Aaa/AA+ 2.4711/17/2026 -1,007.94 AA+ 2.28 1,798.61 4.69% 998,547.94 4.73%4.625% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 91.17 455,855.00 0.79% Aaa/AA+ 2.5812/30/2026 -44,145.00 AA+ 2.45 2,873.19 1.37% 500,000.00 5.06%1.370% 06/30/2024 3130AL5A8 500,000.00FHLB 02/09/2023 438,340.00 89.99 449,960.00 0.73% Aaa/AA+ 2.7402/26/2027 -8,354.96 AA+ 2.63 1,187.50 4.25% 458,314.96 4.85%0.900% 08/26/2024 3130ARTT8 600,000.00FHLB 05/19/2022 600,000.00 97.70 586,188.00 0.95% Aaa/AA+ 2.9705/19/2027 -13,812.00 AA+ 1.94 750.00 3.75% 600,000.00 4.59%3.750% 08/19/2024 Run Date: 6/12/2024 - 11:31 AM
Amortizing
18 108
Holdings Report
City of Lynwood May 31, 2024
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 97.19 971,860.00 1.59% Aaa/AA+ 3.2408/25/2027 -28,140.00 AA+ 2.38 10,800.00 4.05% 1,000,000.00 5.00%4.050% 08/25/2024 3134GYUE0 1,000,000.00FHLMC 06/30/2023 1,000,000.00 99.74 997,400.00 1.59% Aaa/AA+ 4.0806/28/2028 -2,600.00 AA+ 0.70 25,500.00 6.00% 1,000,000.00 6.07%6.000% 06/28/2024 3133EPZN8 1,000,000.00FFCB 10/24/2023 998,880.00 101.50 1,015,020.00 1.58% Aaa/AA+ 4.4010/24/2028 16,004.98 AA+ 3.87 5,138.89 5.03% 999,015.02 4.62%5.000% 3133EP5U5 541,000.00FFCB 04/19/2024 526,955.64 98.11 530,775.10 0.84% Aaa/AA+ 4.8103/20/2029 3,486.39 AA+ 4.23 4,401.26 4.72% 527,288.71 4.57%4.125% 11,297,810.64 11,099,841.10 17.90% 2.26
11,289,526.97 3.59% 11,341,000.00 5.09% 90,775.50 -189,685.86 1.70Total U.S. Agencies U.S. Treasuries
912796Y52 1,014,000.00U.S. Treasury 04/03/2024 1,000,352.40 99.53 1,009,254.48 1.60% P-1/A-1+ 0.1007/05/2024 298.16 F1+ 0.10 0.00 5.37% 1,008,956.32 4.92%0.000%
912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 98.13 981,290.00 1.59% Aaa/AA+ 0.5011/30/2024 -24,040.74 AA+ 0.48 40.98 0.43% 1,005,330.74 5.34%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 95.25 476,245.00 0.79% Aaa/AA+ 1.0005/31/2025 -21,599.40 AA+ 0.96 3.42 0.69% 497,844.40 5.19%0.250% 91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 93.35 933,520.00 1.58% Aaa/AA+ 1.5011/30/2025 -62,862.99 AA+ 1.45 10.25 0.62% 996,382.99 5.03%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 92.70 463,515.00 0.79% Aaa/AA+ 1.6701/31/2026 -34,599.65 AA+ 1.61 628.43 0.60% 498,114.65 4.99%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 92.20 922,030.00 1.59% Aaa/AA+ 2.0005/31/2026 -78,950.52 AA+ 1.93 20.49 0.70% 1,000,980.52 4.89%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 91.45 457,245.00 0.79% Aaa/AA+ 2.3309/30/2026 -39,430.56 AA+ 2.24 741.12 1.17% 496,675.56 4.79%0.875% 91282CFU0 565,000.00U.S. Treasury 05/23/2024 556,811.91 98.32 555,508.00 0.88% Aaa/AA+ 3.4210/31/2027 -1,356.06 AA+ 3.12 2,026.63 4.58% 556,864.06 4.66%4.125% 91282CGC9 630,000.00U.S. Treasury 03/03/2023 616,587.89 97.50 614,275.20 0.98% Aaa/AA+ 3.5912/31/2027 -5,772.16 AA+ 3.23 10,261.30 4.37% 620,047.36 4.64%3.875% 9128286B1 500,000.00U.S. Treasury 02/21/2024 463,984.38 91.86 459,295.00 0.74% Aaa/AA+ 4.7202/15/2029 -6,667.17 AA+ 4.29 3,858.17 4.24% 465,962.17 4.57%2.625% 7,144,279.56 6,872,177.68 11.33% 1.81
7,147,158.80 2.19% 7,209,000.00 4.94% 17,590.79 -274,981.09 1.69Total U.S. Treasuries Run Date: 6/12/2024 - 11:31 AM
Amortizing
19 109
Holdings Report
City of Lynwood May 31, 2024
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
63,078,724.64 62,407,470.64 100.00% 1.00
176,372.37 -669,722.91 0.86 4.64% 63,077,193.62 3.86% 63,214,566.14TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 62,583,843.01 Run Date: 6/12/2024 - 11:31 AM
Amortizing
20 110
Maturity Report
City of Lynwood May 31, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 5.215% 1Goldman Sachs Govt MMF 22,465.77 06/01/2024 1 5.22% 22,465.77 22,465.77 9819499 4.330% 1LAIF 05/18/2020 35,081,100.37 06/01/2024 1 4.33% 35,081,100.37 35,081,100.37 3133EKTV8 1.900% 1,795FFCB 07/02/2019 499,998.33 07/01/2024 31 1.90% 500,000.00 498,675.00 912796Y52 0.000% 58U.S. Treasury 04/03/2024 1,008,956.32 07/05/2024 35 5.37% 1,014,000.00 1,009,254.48 3133ENG20 3.300% 652FFCB 08/18/2022 999,824.55 08/15/2024 76 3.39% 1,000,000.00 995,420.00 32100LCB9 1.850% 1,722First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 105 1.85% 248,000.00 245,406.84 3133EK3B0 1.500% 1,688FFCB 10/17/2019 199,877.68 10/16/2024 138 1.67% 200,000.00 197,218.00 912828YV6 1.500% 1,044U.S. Treasury 07/22/2021 1,005,330.74 11/30/2024 183 0.43% 1,000,000.00 981,290.00 64952WDL4 2.000% 1,591New York Life 01/22/2020 249,884.82 01/22/2025 236 2.08% 250,000.00 244,655.00 88579YBH3 2.000% 6323M 09/07/2022 493,223.52 02/14/2025 259 4.04% 500,000.00 487,420.00 3130A4CH3 2.375% 1,332FHLB 10/07/2020 507,323.98 03/14/2025 287 0.49% 500,000.00 489,315.00 30231GBH4 2.992% 1,439Exxon Mobil 06/22/2020 253,838.73 03/19/2025 292 0.99% 250,000.00 245,397.50 912828ZT0 0.250% 1,067U.S. Treasury 06/29/2021 497,844.40 05/31/2025 365 0.69% 500,000.00 476,245.00 3136G4H71 0.500% 1,382FNMA 08/18/2020 500,000.00 08/12/2025 438 0.50% 500,000.00 473,335.00 27002YFE1 3.300% 652EagleBank 08/18/2022 248,000.00 08/18/2025 444 3.30% 248,000.00 242,314.93 59217GFC8 4.050% 645MetLife 08/25/2022 499,745.11 08/25/2025 451 4.09% 500,000.00 491,990.00 3130ASYR4 4.000% 640FHLB 08/30/2022 2,000,000.00 08/28/2025 454 4.00% 2,000,000.00 1,971,020.00 3137EAEX3 0.375% 1,319FHLMC 10/20/2020 499,335.79 09/23/2025 480 0.48% 500,000.00 470,260.00 05580AXF6 0.500% 1,344BMW Bank 09/25/2020 248,000.00 09/25/2025 482 0.50% 248,000.00 232,916.61 91282CAZ4 0.375% 1,044U.S. Treasury 07/22/2021 996,382.99 11/30/2025 548 0.62% 1,000,000.00 933,520.00 91282CBH3 0.375% 1,191U.S. Treasury 02/25/2021 498,114.65 01/31/2026 610 0.60% 500,000.00 463,515.00 037833BY5 3.250% 645Apple 08/25/2022 498,064.28 02/23/2026 633 3.49% 500,000.00 485,310.00 856283S98 1.000% 1,130State Bank of India 04/27/2021 248,000.00 04/27/2026 696 1.00% 248,000.00 229,555.68 91282CCF6 0.750% 1,044U.S. Treasury 07/22/2021 1,000,980.52 05/31/2026 730 0.70% 1,000,000.00 922,030.00 02007GUP6 3.350% 694Ally Bank 07/07/2022 248,000.00 07/07/2026 767 3.35% 248,000.00 239,699.05 89235MLC3 0.950% 1,051Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 775 0.95% 248,000.00 227,612.05 90348JR93 0.950% 1,024UBS Bank USA 08/11/2021 248,000.00 08/11/2026 802 0.95% 248,000.00 226,835.90 15721UFP9 4.750% 443CFBank 03/15/2023 248,000.00 09/15/2026 837 4.75% 248,000.00 246,614.80 32117BFR4 5.000% 435First National Bank 03/23/2023 248,000.00 09/23/2026 845 5.00% 248,000.00 248,011.41 91282CCZ2 0.875% 955U.S. Treasury 10/19/2021 496,675.56 09/30/2026 852 1.17% 500,000.00 457,245.00 3130AXU63 4.625% 196FHLB 11/17/2023 998,547.94 11/17/2026 900 4.69% 1,000,000.00 997,540.00 3130AQEC3 1.370% 883FHLB 12/30/2021 500,000.00 12/30/2026 943 1.37% 500,000.00 455,855.00 3130AL5A8 0.900% 477FHLB 02/09/2023 458,314.96 02/26/2027 1,001 4.25% 500,000.00 449,960.00 857477CL5 4.993% 39State Street Corp 04/22/2024 496,798.97 03/18/2027 1,021 5.24% 500,000.00 498,725.00 808513BW4 3.300% 780Charles Schwab 04/12/2022 249,662.19 04/01/2027 1,035 3.35% 250,000.00 237,955.00 023135CF1 3.300% 722Amazon 06/09/2022 248,819.47 04/13/2027 1,047 3.48% 250,000.00 238,827.50 Run Date: 6/12/2024 - 11:31 AM
Amortizing
21 111
Maturity Report
City of Lynwood May 31, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
3130ARTT8 3.750% 743FHLB 05/19/2022 600,000.00 05/19/2027 1,083 3.75% 600,000.00 586,188.00 910286GM9 4.550% 337United Fidelity Bank FSB 06/29/2023 247,650.84 06/29/2027 1,124 4.60% 248,000.00 246,209.00 254673L38 3.400% 694Discover Bank 07/07/2022 248,000.00 07/06/2027 1,131 3.40% 248,000.00 237,652.44 14042RST9 3.450% 694Capital One Bank NA 07/07/2022 248,000.00 07/07/2027 1,132 3.45% 248,000.00 238,003.12 14042TJD0 3.550% 667Capital One Bank USA 08/03/2022 248,000.00 08/03/2027 1,159 3.55% 248,000.00 238,584.28 61768ELH4 3.500% 666Morgan Stanley Private Bank 08/04/2022 248,000.00 08/04/2027 1,160 3.50% 248,000.00 238,214.72 87164XN93 3.500% 665Synchrony Bank 08/05/2022 248,000.00 08/05/2027 1,161 3.50% 248,000.00 238,328.68 02589ADQ2 3.450% 658American Express National Bank 08/12/2022 204,344.76 08/10/2027 1,166 3.56% 205,000.00 196,705.82 3130AT2L0 4.050% 640FHLB 08/30/2022 1,000,000.00 08/25/2027 1,181 4.05% 1,000,000.00 971,860.00 91282CFU0 4.125% 8U.S. Treasury 05/23/2024 556,864.06 10/31/2027 1,248 4.58% 565,000.00 555,508.00 91282CGC9 3.875% 455U.S. Treasury 03/03/2023 620,047.36 12/31/2027 1,309 4.37% 630,000.00 614,275.20 89236TKQ7 4.625% 42Toyota Motor Credit 04/19/2024 393,122.04 01/12/2028 1,321 5.15% 400,000.00 394,968.00 32114VCH8 4.600% 443First National Bank of Michigan 03/15/2023 248,000.00 03/15/2028 1,384 4.60% 248,000.00 247,092.14 61690U3C2 4.800% 442Morgan Stanley Bank 03/16/2023 247,586.40 03/16/2028 1,385 4.85% 248,000.00 248,600.34 062119BK7 4.650% 438Bank Five Nine 03/20/2023 248,000.00 03/20/2028 1,389 4.65% 248,000.00 247,545.86 12547CBJ6 4.350% 380CIBC Bank USA 05/17/2023 247,562.05 05/16/2028 1,446 4.40% 248,000.00 245,035.25 05600XQE3 4.500% 380BMO Harris Bank NA 05/17/2023 247,564.01 05/16/2028 1,446 4.55% 248,000.00 246,371.66 3134GYUE0 6.000% 336FHLMC 06/30/2023 1,000,000.00 06/28/2028 1,489 6.00% 1,000,000.00 997,400.00 904764BS5 4.875% 252Unilever Capital Corp 09/22/2023 496,105.87 09/08/2028 1,561 5.08% 500,000.00 499,080.00 3133EPZN8 5.000% 220FFCB 10/24/2023 999,015.02 10/24/2028 1,607 5.03% 1,000,000.00 1,015,020.00 949764HK3 5.050% 206Wells Fargo Bank NA 11/07/2023 247,513.72 11/07/2028 1,621 5.10% 248,000.00 252,150.54 9128286B1 2.625% 100U.S. Treasury 02/21/2024 465,962.17 02/15/2029 1,721 4.24% 500,000.00 459,295.00 3133EP5U5 4.125% 42FFCB 04/19/2024 527,288.71 03/20/2029 1,754 4.72% 541,000.00 530,775.10 06251A6Z8 4.600% 10Bank Hapoalim 05/21/2024 247,454.92 05/21/2029 1,816 4.65% 248,000.00 248,096.63 Net Maturities and Averages 63,077,193.62 367 3.86% 62,407,470.64 63,214,566.14 Run Date: 6/12/2024 - 11:31 AM
Amortizing
22 112
Summary by Issuer
City of Lynwood May 31, 2024
Issuer Investments
Number of Par
Value
Book
Value
% of
Portfolio YTM Maturity
Days toBook
LAIF 1 35,081,100.37 35,081,100.37 55.62 4.33 1
U.S. Treasury 10 7,209,000.00 7,147,158.80 11.33 2.19 659 FHLB 7 6,100,000.00 6,064,186.88 9.61 3.61 777
FFCB 5 3,241,000.00 3,226,004.29 5.11 3.78 821
FHLMC 2 1,500,000.00 1,499,335.79 2.38 4.16 1,153 FNMA 1 500,000.00 500,000.00 0.79 0.50 438
MetLife 1 500,000.00 499,745.11 0.79 4.09 451
Apple 1 500,000.00 498,064.28 0.79 3.49 633
State Street Corp 1 500,000.00 496,798.97 0.79 5.24 1,021 Unilever Capital Corp 1 500,000.00 496,105.87 0.79 5.08 1,561 3M 1 500,000.00 493,223.52 0.78 4.04 259
Toyota 1 400,000.00 393,122.04 0.62 5.15 1,321
Exxon Mobil 1 250,000.00 253,838.73 0.40 0.99 292 New York Life 1 250,000.00 249,884.82 0.40 2.08 236 Charles Schwab 1 250,000.00 249,662.19 0.40 3.35 1,035 Amazon 1 250,000.00 248,819.47 0.39 3.48 1,047
Ally Bank 1 248,000.00 248,000.00 0.39 3.35 767
BMW Bank 1 248,000.00 248,000.00 0.39 0.50 482
Capital One Bank NA 1 248,000.00 248,000.00 0.39 3.45 1,132 Capital One Bank USA 1 248,000.00 248,000.00 0.39 3.55 1,159 CFBank 1 248,000.00 248,000.00 0.39 4.75 837
Bank Five Nine 1 248,000.00 248,000.00 0.39 4.65 1,389 Discover Bank 1 248,000.00 248,000.00 0.39 3.40 1,131 EagleBank 1 248,000.00 248,000.00 0.39 3.30 444
State Bank of India 1 248,000.00 248,000.00 0.39 1.00 696 Morgan Stanley Private Bank 1 248,000.00 248,000.00 0.39 3.50 1,160 Toyota Financial Savings Bank 1 248,000.00 248,000.00 0.39 0.95 775 Synchrony Bank 1 248,000.00 248,000.00 0.39 3.50 1,161 First Missouri State Bank 1 248,000.00 248,000.00 0.39 1.85 105 First National Bank 1 248,000.00 248,000.00 0.39 5.00 845 First National Bank of Michigan 1 248,000.00 248,000.00 0.39 4.60 1,384 UBS Bank USA 1 248,000.00 248,000.00 0.39 0.95 802 United Fidelity Bank FSB 1 248,000.00 247,650.84 0.39 4.60 1,124 Morgan Stanley Bank 1 248,000.00 247,586.40 0.39 4.85 1,385 BMO Harris Bank NA 1 248,000.00 247,564.01 0.39 4.55 1,446 CIBC Bank USA 1 248,000.00 247,562.05 0.39 4.40 1,446 Run Date: 6/12/2024 - 11:31 AM
Amortizing
23 113
Summary by Issuer
City of Lynwood May 31, 2024
Issuer Investments
Number of Par
Value
Book
Value
% of
Portfolio YTM Maturity
Days toBook
Bank Hapoalim 1 248,000.00 247,454.92 0.39 4.65 1,816 Wells Fargo 1 248,000.00 247,513.72 0.39 5.10 1,621 American Express National Bank 1 205,000.00 204,344.76 0.32 3.56 1,166 Goldman Sachs Govt MMF 1 22,465.77 22,465.77 0.04 5.22 1 Total and Average 60 63,214,566.14 63,077,193.62 367 100.00% 3.86 Run Date: 6/12/2024 - 11:31 AM
Amortizing
24 114
Income Earned Summary
City of Lynwood May 31, 2024
Fiscal Year To DateMay 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
76,725.77 1,081,043.10
176,372.37 176,372.37
-183,590.73 -245,539.44
69,507.41 1,011,876.03
7,023.65 36,733.00
0.00 0.00
76,531.06
1,048,609.03
Run Date: 6/12/2024 - 11:31 AM
Amortizing
25 115
Income Earned
City of Lynwood May 01, 2024 - May 31, 2024
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
32100LCB9 09/13/2024 248,000.00First Missouri State Bank 248,000.00 248,000.00 615.92 0.00 1,005.59 389.67 0.00 389.67 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 248,000.00 248,000.00 125.70 0.00 231.01 105.31 0.00 105.31 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 27.18 0.00 237.81 210.63 0.00 210.63 02007GUP6 07/07/2026 248,000.00Ally Bank 248,000.00 248,000.00 2,617.59 0.00 3,323.20 705.61 0.00 705.61 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 690.66 0.00 890.76 200.10 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 247,641.21 247,650.84 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 2,679.76 0.00 3,395.90 716.14 0.00 716.14 14042RST9 07/07/2027 248,000.00Capital One Bank NA 248,000.00 248,000.00 2,695.73 0.00 3,422.40 726.67 0.00 726.67 14042TJD0 08/03/2027 248,000.00Capital One Bank USA 248,000.00 248,000.00 2,122.61 0.00 2,870.35 747.74 0.00 747.74 61768ELH4 08/04/2027 248,000.00Morgan Stanley Private Bank 248,000.00 248,000.00 2,068.93 0.00 2,806.14 737.21 0.00 737.21 87164XN93 08/05/2027 248,000.00Synchrony Bank 248,000.00 248,000.00 2,045.15 0.00 2,782.36 737.21 0.00 737.21 02589ADQ2 08/10/2027 205,000.00American Express National Bank 204,327.34 204,344.76 1,569.51 0.00 2,170.19 600.68 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 247,577.14 247,586.40 1,500.23 0.00 2,511.25 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 247,554.67 247,564.01 5,106.08 5,564.71 489.21 947.84 9.35 957.19 12547CBJ6 05/16/2028 248,000.00CIBC Bank USA 247,552.66 247,562.05 4,935.88 5,379.22 472.90 916.24 9.39 925.63 949764HK3 11/07/2028 248,000.00Wells Fargo Bank NA 247,504.42 247,513.72 823.50 1,029.37 857.81 1,063.68 9.30 1,072.98 06251A6Z8 05/21/2029 248,000.00Bank Hapoalim 0.00 247,454.92 0.00 0.00 343.80 343.80 3.00 346.80 Certificates of Deposit - Sub Total 5,661,000.00 5,410,157.44 5,657,676.71 31,742.62 17,639.93 30,117.76 16,015.07 67.34 16,082.41 Corporate Bonds
46625HJX9 05/13/2024 0.00JPMorgan Chase & Co 500,109.16 0.00 8,458.33 9,062.50 0.00 604.17 -109.16 495.01 64952WDL4 01/22/2025 250,000.00New York Life 249,869.36 249,884.82 1,375.00 0.00 1,791.67 416.67 15.46 432.13 88579YBH3 02/14/2025 500,000.003M 492,393.20 493,223.52 2,138.89 0.00 2,972.22 833.33 830.32 1,663.65 30231GBH4 03/19/2025 250,000.00Exxon Mobil 254,251.93 253,838.73 872.67 0.00 1,496.00 623.33 -413.20 210.13 59217GFC8 08/25/2025 500,000.00MetLife 499,727.31 499,745.11 3,712.50 0.00 5,400.00 1,687.50 17.80 1,705.30 037833BY5 02/23/2026 500,000.00Apple 497,967.81 498,064.28 3,069.44 0.00 4,423.61 1,354.17 96.47 1,450.64 857477CL5 03/18/2027 500,000.00State Street Corp 496,700.43 496,798.97 2,981.93 0.00 5,062.35 2,080.42 98.54 2,178.96 808513BW4 04/01/2027 250,000.00Charles Schwab 249,651.92 249,662.19 687.50 0.00 1,375.00 687.50 10.27 697.77 Run Date: 6/12/2024 - 11:32 AM
Amortizing
26 116
Income Earned
City of Lynwood May 01, 2024 - May 31, 2024
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 248,784.01 248,819.47 412.50 0.00 1,100.00 687.50 35.46 722.96 89236TKQ7 01/12/2028 400,000.00Toyota Motor Credit 392,958.15 393,122.04 5,601.39 0.00 7,143.06 1,541.67 163.89 1,705.56 904764BS5 09/08/2028 500,000.00Unilever Capital Corp 496,027.32 496,105.87 3,588.54 0.00 5,619.79 2,031.25 78.54 2,109.79 Corporate Bonds - Sub Total 3,900,000.00 4,378,440.63 3,879,265.01 32,898.69 9,062.50 36,383.70 12,547.51 824.38 13,371.89 LAIF
9819499 06/01/2024 35,081,100.37LAIF 35,081,100.37 35,081,100.37 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total
35,081,100.37 35,081,100.37 35,081,100.37 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 06/01/2024 22,465.77Goldman Sachs Govt MMF 250,003.83 22,465.77 4,104.98 4,104.98 1,504.62 1,504.62 0.00 1,504.62 Money Market Funds - Sub Total
22,465.77 250,003.83 22,465.77 4,104.98 4,104.98 1,504.62 1,504.62 0.00 1,504.62 U.S. Agencies
3133EKTV8 07/01/2024 500,000.00FFCB 499,996.61 499,998.33 3,166.67 0.00 3,958.33 791.66 1.72 793.38 3133ENG20 08/15/2024 1,000,000.00FFCB 999,751.05 999,824.55 6,966.67 0.00 9,716.67 2,750.00 73.50 2,823.50 3133EK3B0 10/16/2024 200,000.00FFCB 199,849.59 199,877.68 125.00 0.00 375.00 250.00 28.09 278.09 3130A4CH3 03/14/2025 500,000.00FHLB 508,126.25 507,323.98 1,550.35 0.00 2,539.93 989.58 -802.27 187.31 3136G4H71 08/12/2025 500,000.00FNMA 500,000.00 500,000.00 506.94 0.00 715.28 208.34 0.00 208.34 3130ASYR4 08/28/2025 2,000,000.00FHLB 2,000,000.00 2,000,000.00 14,000.00 0.00 20,666.67 6,666.67 0.00 6,666.67 3137EAEX3 09/23/2025 500,000.00FHLMC 499,292.17 499,335.79 197.92 0.00 354.17 156.25 43.62 199.87 3130AXU63 11/17/2026 1,000,000.00FHLB 998,497.14 998,547.94 21,069.44 23,125.00 1,798.61 3,854.17 50.81 3,904.98 3130AQEC3 12/30/2026 500,000.00FHLB 500,000.00 500,000.00 2,302.36 0.00 2,873.19 570.83 0.00 570.83 3130AL5A8 02/26/2027 500,000.00FHLB 457,003.05 458,314.96 812.50 0.00 1,187.50 375.00 1,311.91 1,686.91 3130ARTT8 05/19/2027 600,000.00FHLB 600,000.00 600,000.00 9,450.00 10,500.00 750.00 1,800.00 0.00 1,800.00 3130AT2L0 08/25/2027 1,000,000.00FHLB 1,000,000.00 1,000,000.00 7,425.00 0.00 10,800.00 3,375.00 0.00 3,375.00 3134GYUE0 06/28/2028 1,000,000.00FHLMC 1,000,000.00 1,000,000.00 20,500.00 0.00 25,500.00 5,000.00 0.00 5,000.00 3133EPZN8 10/24/2028 1,000,000.00FFCB 998,995.73 999,015.02 972.22 0.00 5,138.89 4,166.67 19.29 4,185.96 3133EP5U5 03/20/2029 541,000.00FFCB 527,042.87 527,288.71 2,541.57 0.00 4,401.26 1,859.69 245.84 2,105.53 U.S. Agencies - Sub Total
11,341,000.00 11,288,554.46 11,289,526.97 91,586.64 33,625.00 90,775.50 32,813.86 972.51 33,786.37 U.S. Treasuries
912796Y52 07/05/2024 1,014,000.00U.S. Treasury 1,004,357.68 1,008,956.32 0.00 0.00 0.00 0.00 4,598.65 4,598.65 Run Date: 6/12/2024 - 11:32 AM
Amortizing
27 117
Income Earned
City of Lynwood May 01, 2024 - May 31, 2024
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
912828YV6 11/30/2024 1,000,000.00U.S. Treasury 1,006,233.76 1,005,330.74 6,270.49 7,500.00 40.98 1,270.49 -903.02 367.47 912828ZT0 05/31/2025 500,000.00U.S. Treasury 497,661.32 497,844.40 522.54 625.00 3.42 105.88 183.08 288.96 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 996,178.38 996,382.99 1,567.62 1,875.00 10.25 317.63 204.61 522.24 91282CBH3 01/31/2026 500,000.00U.S. Treasury 498,018.84 498,114.65 468.75 0.00 628.43 159.68 95.81 255.49 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,001,022.16 1,000,980.52 3,135.25 3,750.00 20.49 635.24 -41.64 593.60 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 496,554.60 496,675.56 370.56 0.00 741.12 370.56 120.96 491.52 91282CFU0 10/31/2027 565,000.00U.S. Treasury 0.00 556,864.06 0.00 -1,456.64 2,026.63 569.99 52.15 622.14 91282CGC9 12/31/2027 630,000.00U.S. Treasury 619,811.66 620,047.36 8,182.21 0.00 10,261.30 2,079.09 235.70 2,314.79 9128286B1 02/15/2029 500,000.00U.S. Treasury 465,349.06 465,962.17 2,740.38 0.00 3,858.17 1,117.79 613.12 1,730.91 U.S. Treasuries - Sub Total 7,209,000.00 6,585,187.47 7,147,158.80 23,257.80 12,293.36 17,590.79 6,626.35 5,159.42 11,785.77 63,214,566.14Grand Total 62,993,444.20 63,077,193.62 183,590.73 76,725.77 176,372.37 69,507.41 7,023.65 76,531.06 Run Date: 6/12/2024 - 11:32 AM
Amortizing
28 118
Realized Gains and Losses
City of Lynwood May 01, 2024 - May 31, 2024
Par Value Sale Date Days Held Maturity/Sales RealizedCUSIP Coupon Rate Maturity Date Book Value Proceeds Gain/LossPurchase Date TermIssuer Corporate Bonds
46625HJX9 500,000.0005/13/2019 05/13/2024 1,827 500,000.00 0.00 500,000.00 05/13/2024 1,827JPMorgan Chase & Co 3.625%
Total Corporate Bonds 0.00 500,000.00 500,000.00
Grand Total 0.00 500,000.00 500,000.00
Run Date: 6/12/2024 - 11:32 AM
Amortizing
29 119
Transaction Report
City of Lynwood May 01, 2024 - May 31, 2024
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 05/02/2024 Interest FGTXX GSGF - - 4,104.98 - - 05/07/2024 Interest 949764HK3 WFC 5.05 11/07/28 11/07/2028 - - 1,029.37 - - 05/13/2024 Maturity 46625HJX9 JPM 3 5/8 05/13/24 05/13/2024 - 500,000.00 - - - 05/13/2024 Interest 46625HJX9 JPM 3 5/8 05/13/24 05/13/2024 - - 9,062.50 - - 05/13/2024 Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 193.64 - - 05/15/2024 Interest 32114VCH8 FNBMIC 4.6 03/15/28 03/15/2028 - - 937.64 - - 05/15/2024 Interest 15721UFP9 CFBK 4 3/4 09/15/26 09/15/2026 - - 968.22 - - 05/16/2024 Interest 12547CBJ6 CM 4.35 05/16/28 05/16/2028 - - 5,379.22 - - 05/16/2024 Interest 05600XQE3 BMO 4 1/2 05/16/28 05/16/2028 - - 5,564.71 - - 05/17/2024 Interest 3130AXU63 FHLB 4 5/8 11/17/26 11/17/2026 - - 23,125.00 - - 05/20/2024 Interest 3130ARTT8 FHLB 3 05/19/27 05/19/2027 - - 10,500.00 - - 05/20/2024 Interest 27002YFE1 EGBN 3.3 08/18/25 08/18/2025 - - 672.66 - - 05/20/2024 Interest 062119BK7 FBFCEN 4.65 03/20/28 03/20/2028 - - 947.84 - - 05/21/2024 Purchase 06251A6Z8 HAPOAL 4.6 05/21/29 05/21/2029 -247,451.92 - - - - 05/23/2024 Purchase 91282CFU0 T 4 1/8 10/31/27 10/31/2027 -556,811.91 - -1,456.64 - - 05/23/2024 Interest 32117BFR4 FNLC 5 09/23/26 09/23/2026 - - 1,019.18 - - 05/29/2024 Interest 910286GM9 FFED 4.55 06/29/27 06/29/2027 - - 927.45 - - 05/31/2024 Interest 912828ZT0 T 0 1/4 05/31/25 05/31/2025 - - 625.00 - - 05/31/2024 Interest 91282CAZ4 T 0 3/8 11/30/25 11/30/2025 - - 1,875.00 - - 05/31/2024 Interest 91282CCF6 T 0 3/4 05/31/26 05/31/2026 - - 3,750.00 - - 05/31/2024 Interest 912828YV6 T 1 1/2 11/30/24 11/30/2024 - - 7,500.00 - - Grand Total: -804,263.83 500,000.00 76,725.77 0.00 0.00 Run Date: 6/12/2024 - 11:32 AM
Amortizing
30 120
Run Date: 5/8/2024 - 12:34 PM
Amortizing Page 2
Portfolio Summary
City of Lynwood 4/30/2024
SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)
ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 4/30/24 3/31/24 Issuer % Portfolio
Market Value $62,230,148 $37,213,047 LAIF 55.7%
Book Value $62,993,444 $37,835,576 U.S. Treasury 10.5%
Variance -$763,297 -$622,529 FHLB 9.6%
FFCB 5.1%
Par Value $63,129,104 $37,938,977 FHLMC 2.4%
JPMorgan 0.8%
Net Asset Value $98.79 $98.35 FNMA 0.8%
MetLife 0.8%
Book Yield 3.92% 3.43% Apple 0.8%
State Street Corp 0.8%
Market Yield 4.77% 4.72% Unilever Capital Corp 0.8%
3M 0.8%
Years to Maturity 0.99 1.56 Toyota 0.6%
Exxon Mobil 0.4%
Effective Duration 0.85 1.36 Goldman Sachs Govt MMF 0.4% May-23
Jun-23
Jul-23
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
Apr-24
2.40%
2.60%
2.80%
3.00%
3.20%
3.40%
3.60%
3.80%
4.00%
0.4%
7.0%
8.6%
10.5%
17.9%
55.7%
MMF
CORP
CD
TSY
AGY
LAIF
100%75%50%25%0%
65.6%
10.7% 9.0% 8.0% 6.7%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%
64.3%
0.8%
0.4%
3.4%
0.8%
0.4%
28.4%
1.6%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 121
Run Date: 5/8/2024 - 12:34 PM
Amortizing Page 3
Investment Policy Compliance
City of Lynwood 4/30/2024
Category Book Value % of Portfolio % Allowed by Policy In ComplianceReserved row US Treasuries 6,585,187.47 10.45% 100% Yes
US Federal Agencies 11,288,554.46 17.92% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 35,081,100.37 55.69% 75,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 250,003.83 0.40% 20% Yes
Negotiable Certificates of Deposit 5,410,157.44 8.59% 30% Yes Corporate Obligations 4,378,440.63 6.95% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 62,993,444.20 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 0.99 Less than 3.0 Years Yes
Liquidity 65.55% 30% Under 365 Days Yes
Ratings Yes
3 122
Run Date: 5/8/2024 - 12:34 PM
Amortizing Page 11
Historical Earnings & Book Return Performance
City of Lynwood 4/30/2024
Fiscal YTD ($K) Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun FY 2022 $18.153 $37.347 $56.010 $82.204 $100.760 $118.668 $142.482 $159.901 $178.121 $203.773 $222.371 $242.161 FY 2023 $22.510 $61.308 $112.501 $198.598 $252.119 $307.834 $413.953 $476.124 $592.937 $653.599 $728.837 $789.814 FY 2024 $63.124 $126.979 $188.681 $344.654 $411.270 $465.003 $649.850 $718.491 $788.637 $972.078 Fiscal YTD Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Book Return 2.01% 2.02% 2.02% 2.75% 2.64% 2.47% 2.96% 2.88% 2.80% 2.92% Fiscal Year-To-Date Earnings
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
$0
$200
$400
$600
$800
$1,000
$1,200
Thousands
FY 2022
FY 2023
FY 2024
Fiscal Year-To-Date Book Return
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
1.75%
1.95%
2.15%
2.35%
2.55%
2.75%
2.95%
3.15%
11 123
Run Date: 5/8/2024 - 12:34 PM
Amortizing Page 12
Historical Yield At Cost vs Benchmark
City of Lynwood 4/30/2024
Month-End Yield At Cost vs Benchmark
Jun-17
Sep-17
Dec-17
Mar-18
Jun-18
Sep-18
Dec-18
Mar-19
Jun-19
Sep-19
Dec-19
Mar-20
Jun-20
Sep-20
Dec-20
Mar-21
Jun-21
Sep-21
Dec-21
Mar-22
Jun-22
Sep-22
Dec-22
Mar-23
Jun-23
Sep-23
Dec-23
Mar-24
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5% Portfolio
Benchmark
Trailing 12 Months: Month End Yield At Cost vs Benchmark May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5% Portfolio
Benchmark
Benchmark: Custom Benchmark (see disclosure)
12 124
Run Date: 5/8/2024 - 12:34 PM
Amortizing Page 13
Total Return Performance
City of Lynwood 4/30/2024
*Index: ICE BofA 0-3Yr Treasury Index
**Inception: June 2017
1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception
Portfolio -0.182% 0.027% 3.232% 3.136% 0.680% 1.348% 1.509% Benchmark -0.089% 0.099% 3.624% 3.307% 0.750% 1.375% 1.433% Variance -0.093% -0.072% -0.392% -0.171% -0.070% -0.027% 0.076% 1 Month 3 Month FYTD 1 Year 3 Year 5 Year Inception**
-1%
0%
1%
1%
2%
2%
3%
3%
4%
4%
Portfolio
Benchmark
13 125
Portfolio Summary
City of Lynwood April 30, 2024
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 5,413,000.00 5,410,157.44 8.59 3.42 1,050 5,268,176.04 Corporate Bonds 4,400,000.00 4,378,440.63 6.95 3.86 742 4,304,377.50 LAIF 35,081,100.37 35,081,100.37 55.69 4.47 1 35,081,100.37 Money Market Funds 250,003.83 250,003.83 0.40 5.20 1 250,003.83 U.S. Agencies 11,341,000.00 11,288,554.46 17.92 3.58 856 11,046,816.74 U.S. Treasuries 6,644,000.00 6,585,187.47 10.45 1.98 641 6,279,673.16 62,993,444.20 100.00 363 62,230,147.64 3.92 63,129,104.20 Investments
April 30 Month Ending Fiscal Year To DateTotal Earnings Current Year 76,865.89 972,077.96
Average Daily Balance 62,085,077.46 39,878,420.84
Book Rate of Return 1.51% 2.92%
Run Date: 5/8/2024 - 12:34 PM
Amortizing
15 126
Holdings Report
City of Lynwood April 30, 2024
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
32100LCB9 248,000.00First Missouri State Bank 09/13/2019 248,000.00 98.66 244,673.82 0.39% NR/NR 0.3709/13/2024 -3,326.18 NR 0.37 615.92 1.85% 248,000.00 5.54%1.850% 27002YFE1 248,000.00EagleBank 08/18/2022 248,000.00 97.71 242,310.73 0.39% NR/NR 1.3008/18/2025 -5,689.27 NR 1.26 291.48 3.30% 248,000.00 5.13%3.300% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 93.72 232,414.57 0.39% NR/NR 1.4109/25/2025 -15,585.43 NR 1.40 125.70 0.50% 248,000.00 5.21%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 92.48 229,342.07 0.39% NR/NR 1.9904/27/2026 -18,657.93 NR 1.97 27.18 1.00% 248,000.00 5.02%1.000% 02007GUP6 248,000.00Ally Bank 07/07/2022 248,000.00 96.73 239,886.89 0.39% NR/NR 2.1907/07/2026 -8,113.11 NR 2.07 2,617.59 3.35% 248,000.00 4.94%3.350% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 91.68 227,367.62 0.39% NR/NR 2.2107/15/2026 -20,632.38 NR 2.17 690.66 0.95% 248,000.00 4.97%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 91.39 226,646.72 0.39% NR/NR 2.2808/11/2026 -21,353.28 NR 2.25 129.10 0.95% 248,000.00 4.96%0.950% 15721UFP9 248,000.00CFBank 03/15/2023 248,000.00 99.69 247,220.24 0.39% NR/NR 2.3809/15/2026 -779.76 NR 2.21 516.38 4.75% 248,000.00 4.89%4.750%
32117BFR4 248,000.00First National Bank 03/23/2023 248,000.00 100.25 248,614.26 0.39% NR/NR 2.4009/23/2026 614.26 NR 2.22 271.78 5.00% 248,000.00 4.89%5.000%
910286GM9 248,000.00United Fidelity Bank FSB 06/29/2023 247,546.16 99.39 246,490.82 0.39% NR/NR 3.1606/29/2027 -1,150.39 NR 2.87 61.83 4.60% 247,641.21 4.76%4.550% 254673L38 248,000.00Discover Bank 07/07/2022 248,000.00 96.07 238,251.77 0.39% NR/NR 3.1807/06/2027 -9,748.23 NR 2.96 2,679.76 3.40% 248,000.00 4.74%3.400% 14042RST9 248,000.00Capital One Bank NA 07/07/2022 248,000.00 96.22 238,614.09 0.39% NR/NR 3.1907/07/2027 -9,385.91 NR 2.96 2,695.73 3.45% 248,000.00 4.74%3.450% 14042TJD0 248,000.00Capital One Bank USA 08/03/2022 248,000.00 96.48 239,280.35 0.39% NR/NR 3.2608/03/2027 -8,719.65 NR 3.03 2,122.61 3.55% 248,000.00 4.72%3.550% 61768ELH4 248,000.00Morgan Stanley Private Bank 08/04/2022 248,000.00 96.33 238,903.99 0.39% NR/NR 3.2608/04/2027 -9,096.01 NR 3.03 2,068.93 3.50% 248,000.00 4.72%3.500% 87164XN93 248,000.00Synchrony Bank 08/05/2022 248,000.00 96.26 238,720.25 0.39% NR/NR 3.2708/05/2027 -9,279.75 NR 3.04 2,045.15 3.50% 248,000.00 4.74%3.500% 02589ADQ2 205,000.00American Express National Bank 08/12/2022 203,975.00 96.10 197,000.92 0.32% NR/NR 3.2808/10/2027 -7,326.42 NR 3.05 1,569.51 3.56% 204,327.34 4.71%3.450% 32114VCH8 248,000.00First National Bank of Michigan 03/15/2023 248,000.00 100.10 248,236.32 0.39% NR/NR 3.8803/15/2028 236.32 NR 3.49 500.08 4.60% 248,000.00 4.57%4.600%
61690U3C2 248,000.00Morgan Stanley Bank 03/16/2023 247,454.40 100.17 248,412.22 0.39% NR/NR 3.8803/16/2028 835.08 NR 3.48 1,500.23 4.85% 247,577.14 4.89%4.800% 062119BK7 248,000.00Bank Five Nine 03/20/2023 248,000.00 100.27 248,679.84 0.39% NR/NR 3.8903/20/2028 679.84 NR 3.50 347.54 4.65% 248,000.00 4.57%4.650%
Run Date: 5/8/2024 - 12:34 PM
Amortizing
16 127
Holdings Report
City of Lynwood April 30, 2024
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
12547CBJ6 248,000.00CIBC Bank USA 05/17/2023 247,446.96 99.25 246,149.51 0.39% NR/NR 4.0505/16/2028 -1,403.15 NR 3.60 4,935.88 4.40% 247,552.66 4.55%4.350% 05600XQE3 248,000.00BMO Harris Bank NA 05/17/2023 247,449.44 99.81 247,516.85 0.39% NR/NR 4.0505/16/2028 -37.81 NR 3.59 5,106.08 4.55% 247,554.67 4.55%4.500% 949764HK3 248,000.00Wells Fargo Bank NA 11/07/2023 247,451.92 102.19 253,442.18 0.39% NR/NR 4.5311/07/2028 5,937.77 NR 3.90 823.50 5.10% 247,504.42 4.51%5.050% 5,409,323.88 5,268,176.04 8.59% 2.88
5,410,157.44 3.42% 5,413,000.00 4.84% 31,742.62 -141,981.39 2.65Total Certificates of Deposit Corporate Bonds
46625HJX9 500,000.00JPMorgan Chase & Co 05/13/2019 515,115.00 99.94 499,680.00 0.79% A1/A- 0.0405/13/2024 -429.16 AA- 0.03 8,458.33 2.97% 500,109.16 5.31%3.625% 64952WDL4 250,000.00New York Life 01/22/2020 249,102.50 97.47 243,685.00 0.40% Aaa/AA+ 0.7301/22/2025 -6,184.36 AAA 0.70 1,375.00 2.08% 249,869.36 5.59%2.000% 88579YBH3 500,000.003M 09/07/2022 476,510.00 97.08 485,390.00 0.78% A3/BBB+ 0.7902/14/2025 -7,003.20 A- 0.76 2,138.89 4.04% 492,393.20 5.84%2.000% 30231GBH4 250,000.00Exxon Mobil 06/22/2020 272,752.50 97.96 244,887.50 0.40% Aa2/AA- 0.8803/19/2025 -9,364.43 NR 0.85 872.67 0.99% 254,251.93 5.38%2.992% 02/19/2025 59217GFC8 500,000.00MetLife 08/25/2022 499,380.00 97.99 489,945.00 0.79% Aa3/AA- 1.3208/25/2025 -9,782.31 AA- 1.25 3,712.50 4.09% 499,727.31 5.65%4.050% 037833BY5 500,000.00Apple 08/25/2022 496,085.00 96.59 482,955.00 0.79% Aaa/AA+ 1.8202/23/2026 -15,012.81 NR 1.70 3,069.44 3.49% 497,967.81 5.24%3.250% 857477CL5 500,000.00State Street Corp 04/22/2024 496,675.00 99.09 495,445.00 0.79% A1/A 2.8803/18/2027 -1,255.43 AA- 2.59 2,981.93 5.24% 496,700.43 5.34%4.993% 808513BW4 250,000.00Charles Schwab 04/12/2022 249,407.50 94.44 236,107.50 0.40% A2/A- 2.9204/01/2027 -13,544.42 A 2.68 687.50 3.35% 249,651.92 5.38%3.300% 023135CF1 250,000.00Amazon 06/09/2022 248,005.00 95.10 237,747.50 0.39% A1/AA 2.9504/13/2027 -11,036.51 AA- 2.74 412.50 3.48% 248,784.01 5.11%3.300% 89236TKQ7 400,000.00Toyota Motor Credit 04/19/2024 392,900.00 98.15 392,580.00 0.62% A1/A+ 3.7001/12/2028 -378.15 A+ 3.30 5,601.39 5.15% 392,958.15 5.18%4.625% 904764BS5 500,000.00Unilever Capital Corp 09/22/2023 495,475.00 99.19 495,955.00 0.79% A1/A+ 4.3609/08/2028 -72.32 A 3.81 3,588.54 5.08% 496,027.32 5.08%4.875%
4,391,407.50 4,304,377.50 6.95% 2.03
4,378,440.63 3.86% 4,400,000.00 5.38% 32,898.69 -74,063.10 1.84Total Corporate Bonds Run Date: 5/8/2024 - 12:34 PM
Amortizing
17 128
Holdings Report
City of Lynwood April 30, 2024
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 35,081,100.37LAIF 04/15/2024 35,081,100.37 1.00 35,081,100.37 55.69% NR/NR 0.0005/01/2024
0.00 NR 0.00 0.00 4.47% 35,081,100.37 4.47%4.470%
35,081,100.37 35,081,100.37 55.69% 0.00
35,081,100.37 4.47% 35,081,100.37 4.47% 0.00 0.00 0.00Total LAIF Money Market Funds
FGTXX 250,003.83Goldman Sachs Govt MMF 250,003.83 1.00 250,003.83 0.40% Aaa/AAA 0.0005/01/2024
0.00 NR 0.00 4,104.98 5.20% 250,003.83 5.20%5.204%
250,003.83 250,003.83 0.40% 0.00
250,003.83 5.20% 250,003.83 5.20% 4,104.98 0.00 0.00Total Money Market Funds U.S. Agencies
3133EKTV8 500,000.00FFCB 07/02/2019 499,900.00 99.41 497,070.00 0.79% Aaa/AA+ 0.1707/01/2024 -2,926.61 AA+ 0.16 3,166.67 1.90% 499,996.61 5.36%1.900% 3133ENG20 1,000,000.00FFCB 08/18/2022 998,300.00 99.37 993,700.00 1.59% Aaa/AA+ 0.2908/15/2024 -6,051.05 AA+ 0.28 6,966.67 3.39% 999,751.05 5.46%3.300% 3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 98.33 196,656.00 0.32% Aaa/AA+ 0.4610/16/2024 -3,193.59 AA+ 0.45 125.00 1.67% 199,849.59 5.21%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 97.58 487,915.00 0.81% Aaa/AA+ 0.8703/14/2025 -20,211.25 AA+ 0.84 1,550.35 0.49% 508,126.25 5.24%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 94.11 470,535.00 0.79% Aaa/AA+ 1.2808/12/2025 -29,465.00 AA+ 1.26 506.94 0.50% 500,000.00 5.31%0.500% 02/18/2022 3130ASYR4 2,000,000.00FHLB 08/30/2022 2,000,000.00 98.36 1,967,120.00 3.17% Aaa/AA+ 1.3308/28/2025 -32,880.00 AA+ 1.24 14,000.00 4.00% 2,000,000.00 5.29%4.000% 05/28/2024 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 93.60 467,975.00 0.79% Aaa/AA+ 1.4009/23/2025 -31,317.17 AA+ 1.36 197.92 0.48% 499,292.17 5.19%0.375% 3130AXU63 1,000,000.00FHLB 11/17/2023 998,230.00 99.07 990,710.00 1.59% Aaa/AA+ 2.5511/17/2026 -7,787.14 AA+ 2.32 21,069.44 4.69% 998,497.14 5.02%4.625% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 90.35 451,745.00 0.79% Aaa/AA+ 2.6712/30/2026 -48,255.00 AA+ 2.54 2,302.36 1.37% 500,000.00 5.30%1.370% 06/30/2024 3130AL5A8 500,000.00FHLB 02/09/2023 438,340.00 88.83 444,145.00 0.73% Aaa/AA+ 2.8302/26/2027 -12,858.05 AA+ 2.71 812.50 4.25% 457,003.05 5.21%0.900% 05/26/2024 3130ARTT8 600,000.00FHLB 05/19/2022 600,000.00 97.18 583,098.00 0.95% Aaa/AA+ 3.0505/19/2027 -16,902.00 AA+ 2.07 9,450.00 3.50% 600,000.00 4.50%3.500% 05/19/2024 Run Date: 5/8/2024 - 12:34 PM
Amortizing
18 129
Holdings Report
City of Lynwood April 30, 2024
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 96.61 966,110.00 1.59% Aaa/AA+ 3.3208/25/2027 -33,890.00 AA+ 2.59 7,425.00 4.05% 1,000,000.00 5.17%4.050% 05/25/2024 3134GYUE0 1,000,000.00FHLMC 06/30/2023 1,000,000.00 99.52 995,160.00 1.59% Aaa/AA+ 4.1606/28/2028 -4,840.00 AA+ 0.86 20,500.00 6.00% 1,000,000.00 6.13%6.000% 05/28/2024 3133EPZN8 1,000,000.00FFCB 10/24/2023 998,880.00 100.90 1,008,950.00 1.59% Aaa/AA+ 4.4910/24/2028 9,954.27 AA+ 3.95 972.22 5.03% 998,995.73 4.78%5.000% 3133EP5U5 541,000.00FFCB 04/19/2024 526,955.64 97.21 525,927.74 0.84% Aaa/AA+ 4.8903/20/2029 -1,115.13 AA+ 4.33 2,541.57 4.72% 527,042.87 4.77%4.125% 11,297,810.64 11,046,816.74 17.92% 2.34
11,288,554.46 3.58% 11,341,000.00 5.23% 91,586.64 -241,737.72 1.81Total U.S. Agencies U.S. Treasuries
912796Y52 1,014,000.00U.S. Treasury 04/03/2024 1,000,352.40 99.05 1,004,356.86 1.59% P-1/A-1+ 0.1807/05/2024 -0.82 F1+ 0.18 0.00 5.37% 1,004,357.68 5.32%0.000%
912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 97.80 977,950.00 1.60% Aaa/AA+ 0.5911/30/2024 -28,283.76 AA+ 0.56 6,270.49 0.43% 1,006,233.76 5.38%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 94.79 473,945.00 0.79% Aaa/AA+ 1.0805/31/2025 -23,716.32 AA+ 1.05 522.54 0.69% 497,661.32 5.25%0.250% 91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 92.82 928,160.00 1.58% Aaa/AA+ 1.5911/30/2025 -68,018.38 AA+ 1.54 1,567.62 0.62% 996,178.38 5.15%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 92.13 460,665.00 0.79% Aaa/AA+ 1.7601/31/2026 -37,353.84 AA+ 1.70 468.75 0.60% 498,018.84 5.12%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 91.60 916,020.00 1.59% Aaa/AA+ 2.0805/31/2026 -85,002.16 AA+ 2.01 3,135.25 0.70% 1,001,022.16 5.04%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 90.79 453,965.00 0.79% Aaa/AA+ 2.4209/30/2026 -42,589.60 AA+ 2.33 370.56 1.17% 496,554.60 4.96%0.875% 91282CGC9 630,000.00U.S. Treasury 03/03/2023 616,587.89 96.80 609,846.30 0.98% Aaa/AA+ 3.6712/31/2027 -9,965.36 AA+ 3.32 8,182.21 4.37% 619,811.66 4.84%3.875% 9128286B1 500,000.00U.S. Treasury 02/21/2024 463,984.38 90.95 454,765.00 0.74% Aaa/AA+ 4.8002/15/2029 -10,584.06 AA+ 4.37 2,740.38 4.24% 465,349.06 4.76%2.625% 6,587,467.64 6,279,673.16 10.45% 1.76
6,585,187.47 1.98% 6,644,000.00 5.13% 23,257.80 -305,514.30 1.66Total U.S. Treasuries Run Date: 5/8/2024 - 12:34 PM
Amortizing
19 130
Holdings Report
City of Lynwood April 30, 2024
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
63,017,113.86 62,230,147.64 100.00% 0.99
183,590.73 -763,296.51 0.85 4.77% 62,993,444.20 3.92% 63,129,104.20TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 62,413,738.37 Run Date: 5/8/2024 - 12:34 PM
Amortizing
20 131
Maturity Report
City of Lynwood April 30, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 5.204% 1Goldman Sachs Govt MMF 250,003.83 05/01/2024 1 5.20% 250,003.83 250,003.83 9819499 4.470% 1LAIF 05/18/2020 35,081,100.37 05/01/2024 1 4.47% 35,081,100.37 35,081,100.37 46625HJX9 3.625% 1,814JPMorgan Chase & Co 05/13/2019 500,109.16 05/13/2024 13 2.97% 500,000.00 499,680.00 3133EKTV8 1.900% 1,764FFCB 07/02/2019 499,996.61 07/01/2024 62 1.90% 500,000.00 497,070.00 912796Y52 0.000% 27U.S. Treasury 04/03/2024 1,004,357.68 07/05/2024 66 5.37% 1,014,000.00 1,004,356.86 3133ENG20 3.300% 621FFCB 08/18/2022 999,751.05 08/15/2024 107 3.39% 1,000,000.00 993,700.00 32100LCB9 1.850% 1,691First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 136 1.85% 248,000.00 244,673.82 3133EK3B0 1.500% 1,657FFCB 10/17/2019 199,849.59 10/16/2024 169 1.67% 200,000.00 196,656.00 912828YV6 1.500% 1,013U.S. Treasury 07/22/2021 1,006,233.76 11/30/2024 214 0.43% 1,000,000.00 977,950.00 64952WDL4 2.000% 1,560New York Life 01/22/2020 249,869.36 01/22/2025 267 2.08% 250,000.00 243,685.00 88579YBH3 2.000% 6013M 09/07/2022 492,393.20 02/14/2025 290 4.04% 500,000.00 485,390.00 3130A4CH3 2.375% 1,301FHLB 10/07/2020 508,126.25 03/14/2025 318 0.49% 500,000.00 487,915.00 30231GBH4 2.992% 1,408Exxon Mobil 06/22/2020 254,251.93 03/19/2025 323 0.99% 250,000.00 244,887.50 912828ZT0 0.250% 1,036U.S. Treasury 06/29/2021 497,661.32 05/31/2025 396 0.69% 500,000.00 473,945.00 3136G4H71 0.500% 1,351FNMA 08/18/2020 500,000.00 08/12/2025 469 0.50% 500,000.00 470,535.00 27002YFE1 3.300% 621EagleBank 08/18/2022 248,000.00 08/18/2025 475 3.30% 248,000.00 242,310.73 59217GFC8 4.050% 614MetLife 08/25/2022 499,727.31 08/25/2025 482 4.09% 500,000.00 489,945.00 3130ASYR4 4.000% 609FHLB 08/30/2022 2,000,000.00 08/28/2025 485 4.00% 2,000,000.00 1,967,120.00 3137EAEX3 0.375% 1,288FHLMC 10/20/2020 499,292.17 09/23/2025 511 0.48% 500,000.00 467,975.00 05580AXF6 0.500% 1,313BMW Bank 09/25/2020 248,000.00 09/25/2025 513 0.50% 248,000.00 232,414.57 91282CAZ4 0.375% 1,013U.S. Treasury 07/22/2021 996,178.38 11/30/2025 579 0.62% 1,000,000.00 928,160.00 91282CBH3 0.375% 1,160U.S. Treasury 02/25/2021 498,018.84 01/31/2026 641 0.60% 500,000.00 460,665.00 037833BY5 3.250% 614Apple 08/25/2022 497,967.81 02/23/2026 664 3.49% 500,000.00 482,955.00 856283S98 1.000% 1,099State Bank of India 04/27/2021 248,000.00 04/27/2026 727 1.00% 248,000.00 229,342.07 91282CCF6 0.750% 1,013U.S. Treasury 07/22/2021 1,001,022.16 05/31/2026 761 0.70% 1,000,000.00 916,020.00 02007GUP6 3.350% 663Ally Bank 07/07/2022 248,000.00 07/07/2026 798 3.35% 248,000.00 239,886.89 89235MLC3 0.950% 1,020Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 806 0.95% 248,000.00 227,367.62 90348JR93 0.950% 993UBS Bank USA 08/11/2021 248,000.00 08/11/2026 833 0.95% 248,000.00 226,646.72 15721UFP9 4.750% 412CFBank 03/15/2023 248,000.00 09/15/2026 868 4.75% 248,000.00 247,220.24 32117BFR4 5.000% 404First National Bank 03/23/2023 248,000.00 09/23/2026 876 5.00% 248,000.00 248,614.26 91282CCZ2 0.875% 924U.S. Treasury 10/19/2021 496,554.60 09/30/2026 883 1.17% 500,000.00 453,965.00 3130AXU63 4.625% 165FHLB 11/17/2023 998,497.14 11/17/2026 931 4.69% 1,000,000.00 990,710.00 3130AQEC3 1.370% 852FHLB 12/30/2021 500,000.00 12/30/2026 974 1.37% 500,000.00 451,745.00 3130AL5A8 0.900% 446FHLB 02/09/2023 457,003.05 02/26/2027 1,032 4.25% 500,000.00 444,145.00 857477CL5 4.993% 8State Street Corp 04/22/2024 496,700.43 03/18/2027 1,052 5.24% 500,000.00 495,445.00 808513BW4 3.300% 749Charles Schwab 04/12/2022 249,651.92 04/01/2027 1,066 3.35% 250,000.00 236,107.50 Run Date: 5/8/2024 - 12:34 PM
Amortizing
21 132
Maturity Report
City of Lynwood April 30, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
023135CF1 3.300% 691Amazon 06/09/2022 248,784.01 04/13/2027 1,078 3.48% 250,000.00 237,747.50 3130ARTT8 3.500% 712FHLB 05/19/2022 600,000.00 05/19/2027 1,114 3.50% 600,000.00 583,098.00 910286GM9 4.550% 306United Fidelity Bank FSB 06/29/2023 247,641.21 06/29/2027 1,155 4.60% 248,000.00 246,490.82 254673L38 3.400% 663Discover Bank 07/07/2022 248,000.00 07/06/2027 1,162 3.40% 248,000.00 238,251.77 14042RST9 3.450% 663Capital One Bank NA 07/07/2022 248,000.00 07/07/2027 1,163 3.45% 248,000.00 238,614.09 14042TJD0 3.550% 636Capital One Bank USA 08/03/2022 248,000.00 08/03/2027 1,190 3.55% 248,000.00 239,280.35 61768ELH4 3.500% 635Morgan Stanley Private Bank 08/04/2022 248,000.00 08/04/2027 1,191 3.50% 248,000.00 238,903.99 87164XN93 3.500% 634Synchrony Bank 08/05/2022 248,000.00 08/05/2027 1,192 3.50% 248,000.00 238,720.25 02589ADQ2 3.450% 627American Express National Bank 08/12/2022 204,327.34 08/10/2027 1,197 3.56% 205,000.00 197,000.92 3130AT2L0 4.050% 609FHLB 08/30/2022 1,000,000.00 08/25/2027 1,212 4.05% 1,000,000.00 966,110.00 91282CGC9 3.875% 424U.S. Treasury 03/03/2023 619,811.66 12/31/2027 1,340 4.37% 630,000.00 609,846.30 89236TKQ7 4.625% 11Toyota Motor Credit 04/19/2024 392,958.15 01/12/2028 1,352 5.15% 400,000.00 392,580.00 32114VCH8 4.600% 412First National Bank of Michigan 03/15/2023 248,000.00 03/15/2028 1,415 4.60% 248,000.00 248,236.32 61690U3C2 4.800% 411Morgan Stanley Bank 03/16/2023 247,577.14 03/16/2028 1,416 4.85% 248,000.00 248,412.22 062119BK7 4.650% 407Bank Five Nine 03/20/2023 248,000.00 03/20/2028 1,420 4.65% 248,000.00 248,679.84 05600XQE3 4.500% 349BMO Harris Bank NA 05/17/2023 247,554.67 05/16/2028 1,477 4.55% 248,000.00 247,516.85 12547CBJ6 4.350% 349CIBC Bank USA 05/17/2023 247,552.66 05/16/2028 1,477 4.40% 248,000.00 246,149.51 3134GYUE0 6.000% 305FHLMC 06/30/2023 1,000,000.00 06/28/2028 1,520 6.00% 1,000,000.00 995,160.00 904764BS5 4.875% 221Unilever Capital Corp 09/22/2023 496,027.32 09/08/2028 1,592 5.08% 500,000.00 495,955.00 3133EPZN8 5.000% 189FFCB 10/24/2023 998,995.73 10/24/2028 1,638 5.03% 1,000,000.00 1,008,950.00 949764HK3 5.050% 175Wells Fargo Bank NA 11/07/2023 247,504.42 11/07/2028 1,652 5.10% 248,000.00 253,442.18 9128286B1 2.625% 69U.S. Treasury 02/21/2024 465,349.06 02/15/2029 1,752 4.24% 500,000.00 454,765.00 3133EP5U5 4.125% 11FFCB 04/19/2024 527,042.87 03/20/2029 1,785 4.72% 541,000.00 525,927.74 Net Maturities and Averages 62,993,444.20 363 3.92% 62,230,147.64 63,129,104.20 Run Date: 5/8/2024 - 12:34 PM
Amortizing
22 133
Summary by Issuer
City of Lynwood April 30, 2024
Issuer Investments
Number of Par
Value
Book
Value
% of
Portfolio YTM Maturity
Days toBook
LAIF 1 35,081,100.37 35,081,100.37 55.69 4.47 1
U.S. Treasury 9 6,644,000.00 6,585,187.47 10.45 1.98 641 FHLB 7 6,100,000.00 6,063,626.44 9.63 3.58 808
FFCB 5 3,241,000.00 3,225,635.85 5.12 3.78 852
FHLMC 2 1,500,000.00 1,499,292.17 2.38 4.16 1,184 JPMorgan 1 500,000.00 500,109.16 0.79 2.97 13
FNMA 1 500,000.00 500,000.00 0.79 0.50 469
MetLife 1 500,000.00 499,727.31 0.79 4.09 482
Apple 1 500,000.00 497,967.81 0.79 3.49 664
State Street Corp 1 500,000.00 496,700.43 0.79 5.24 1,052 Unilever Capital Corp 1 500,000.00 496,027.32 0.79 5.08 1,592 3M 1 500,000.00 492,393.20 0.78 4.04 290
Toyota 1 400,000.00 392,958.15 0.62 5.15 1,352
Exxon Mobil 1 250,000.00 254,251.93 0.40 0.99 323 Goldman Sachs Govt MMF 1 250,003.83 250,003.83 0.40 5.20 1 New York Life 1 250,000.00 249,869.36 0.40 2.08 267 Charles Schwab 1 250,000.00 249,651.92 0.40 3.35 1,066 Amazon 1 250,000.00 248,784.01 0.39 3.48 1,078
Ally Bank 1 248,000.00 248,000.00 0.39 3.35 798
BMW Bank 1 248,000.00 248,000.00 0.39 0.50 513
Capital One Bank NA 1 248,000.00 248,000.00 0.39 3.45 1,163 Capital One Bank USA 1 248,000.00 248,000.00 0.39 3.55 1,190 CFBank 1 248,000.00 248,000.00 0.39 4.75 868
Bank Five Nine 1 248,000.00 248,000.00 0.39 4.65 1,420 Discover Bank 1 248,000.00 248,000.00 0.39 3.40 1,162 EagleBank 1 248,000.00 248,000.00 0.39 3.30 475
State Bank of India 1 248,000.00 248,000.00 0.39 1.00 727 Morgan Stanley Private Bank 1 248,000.00 248,000.00 0.39 3.50 1,191 Toyota Financial Savings Bank 1 248,000.00 248,000.00 0.39 0.95 806 Synchrony Bank 1 248,000.00 248,000.00 0.39 3.50 1,192 First Missouri State Bank 1 248,000.00 248,000.00 0.39 1.85 136 First National Bank 1 248,000.00 248,000.00 0.39 5.00 876 First National Bank of Michigan 1 248,000.00 248,000.00 0.39 4.60 1,415 UBS Bank USA 1 248,000.00 248,000.00 0.39 0.95 833 United Fidelity Bank FSB 1 248,000.00 247,641.21 0.39 4.60 1,155 Morgan Stanley Bank 1 248,000.00 247,577.14 0.39 4.85 1,416 Run Date: 5/8/2024 - 12:34 PM
Amortizing
23 134
Summary by Issuer
City of Lynwood April 30, 2024
Issuer Investments
Number of Par
Value
Book
Value
% of
Portfolio YTM Maturity
Days toBook
BMO Harris Bank NA 1 248,000.00 247,554.67 0.39 4.55 1,477 CIBC Bank USA 1 248,000.00 247,552.66 0.39 4.40 1,477 Wells Fargo 1 248,000.00 247,504.42 0.39 5.10 1,652 American Express National Bank 1 205,000.00 204,327.34 0.32 3.56 1,197 Total and Average 59 63,129,104.20 62,993,444.20 363 100.00% 3.92 Run Date: 5/8/2024 - 12:34 PM
Amortizing
24 135
Income Earned Summary
City of Lynwood April 30, 2024
Fiscal Year To DateApril 30 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
152,010.35 1,004,317.33
183,590.73 183,590.73
-264,593.13 -245,539.44
71,007.95 942,368.62
5,857.94 29,709.34
0.00 0.00
76,865.89
972,077.96
Run Date: 5/8/2024 - 12:34 PM
Amortizing
25 136
Income Earned
City of Lynwood April 01, 2024 - April 30, 2024
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
32100LCB9 09/13/2024 248,000.00First Missouri State Bank 248,000.00 248,000.00 238.83 0.00 615.92 377.09 0.00 377.09 27002YFE1 08/18/2025 248,000.00EagleBank 248,000.00 248,000.00 313.91 695.08 291.48 672.65 0.00 672.65 05580AXF6 09/25/2025 248,000.00BMW Bank 248,000.00 248,000.00 23.78 0.00 125.70 101.92 0.00 101.92 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 1,066.74 1,243.40 27.18 203.84 0.00 203.84 02007GUP6 07/07/2026 248,000.00Ally Bank 248,000.00 248,000.00 1,934.74 0.00 2,617.59 682.85 0.00 682.85 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 497.02 0.00 690.66 193.64 0.00 193.64 90348JR93 08/11/2026 248,000.00UBS Bank USA 248,000.00 248,000.00 135.55 200.10 129.10 193.65 0.00 193.65 15721UFP9 09/15/2026 248,000.00CFBank 248,000.00 248,000.00 548.66 1,000.49 516.38 968.21 0.00 968.21 32117BFR4 09/23/2026 248,000.00First National Bank 248,000.00 248,000.00 305.75 1,053.15 271.78 1,019.18 0.00 1,019.18 910286GM9 06/29/2027 248,000.00United Fidelity Bank FSB 247,631.90 247,641.21 92.75 1,854.91 61.83 1,823.99 9.32 1,833.31 254673L38 07/06/2027 248,000.00Discover Bank 248,000.00 248,000.00 1,986.72 0.00 2,679.76 693.04 0.00 693.04 14042RST9 07/07/2027 248,000.00Capital One Bank NA 248,000.00 248,000.00 1,992.49 0.00 2,695.73 703.24 0.00 703.24 14042TJD0 08/03/2027 248,000.00Capital One Bank USA 248,000.00 248,000.00 1,398.99 0.00 2,122.61 723.62 0.00 723.62 61768ELH4 08/04/2027 248,000.00Morgan Stanley Private Bank 248,000.00 248,000.00 1,355.51 0.00 2,068.93 713.42 0.00 713.42 87164XN93 08/05/2027 248,000.00Synchrony Bank 248,000.00 248,000.00 1,331.73 0.00 2,045.15 713.42 0.00 713.42 02589ADQ2 08/10/2027 205,000.00American Express National Bank 204,310.49 204,327.34 988.21 0.00 1,569.51 581.30 16.86 598.16 32114VCH8 03/15/2028 248,000.00First National Bank of Michigan 248,000.00 248,000.00 531.33 968.90 500.08 937.65 0.00 937.65 61690U3C2 03/16/2028 248,000.00Morgan Stanley Bank 247,568.18 247,577.14 521.82 0.00 1,500.23 978.41 8.96 987.37 062119BK7 03/20/2028 248,000.00Bank Five Nine 248,000.00 248,000.00 379.13 979.43 347.54 947.84 0.00 947.84 05600XQE3 05/16/2028 248,000.00BMO Harris Bank NA 247,545.62 247,554.67 4,188.82 0.00 5,106.08 917.26 9.05 926.31 12547CBJ6 05/16/2028 248,000.00CIBC Bank USA 247,543.58 247,552.66 4,049.19 0.00 4,935.88 886.69 9.09 895.78 949764HK3 11/07/2028 248,000.00Wells Fargo Bank NA 247,495.42 247,504.42 857.81 1,063.68 823.50 1,029.37 9.00 1,038.37 Certificates of Deposit - Sub Total 5,413,000.00 5,410,095.18 5,410,157.44 24,739.48 9,059.14 31,742.62 16,062.28 62.27 16,124.55 Corporate Bonds
46625HJX9 05/13/2024 500,000.00JPMorgan Chase & Co 500,352.68 500,109.16 6,947.92 0.00 8,458.33 1,510.41 -243.52 1,266.89 64952WDL4 01/22/2025 250,000.00New York Life 249,854.90 249,869.36 958.33 0.00 1,375.00 416.67 14.46 431.13 88579YBH3 02/14/2025 500,000.003M 491,616.45 492,393.20 1,305.56 0.00 2,138.89 833.33 776.75 1,610.08 30231GBH4 03/19/2025 250,000.00Exxon Mobil 254,638.47 254,251.93 249.33 0.00 872.67 623.34 -386.54 236.80 59217GFC8 08/25/2025 500,000.00MetLife 499,710.67 499,727.31 2,025.00 0.00 3,712.50 1,687.50 16.65 1,704.15 037833BY5 02/23/2026 500,000.00Apple 497,877.56 497,967.81 1,715.28 0.00 3,069.44 1,354.16 90.25 1,444.41 857477CL5 03/18/2027 500,000.00State Street Corp 0.00 496,700.43 0.00 -2,357.81 2,981.93 624.12 25.43 649.55 808513BW4 04/01/2027 250,000.00Charles Schwab 249,642.31 249,651.92 4,125.00 4,125.00 687.50 687.50 9.60 697.10 023135CF1 04/13/2027 250,000.00Amazon 248,750.84 248,784.01 3,850.00 4,125.00 412.50 687.50 33.17 720.67 Run Date: 5/8/2024 - 12:35 PM
Amortizing
26 137
Income Earned
City of Lynwood April 01, 2024 - April 30, 2024
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
89236TKQ7 01/12/2028 400,000.00Toyota Motor Credit 0.00 392,958.15 0.00 -4,984.72 5,601.39 616.67 58.15 674.82 904764BS5 09/08/2028 500,000.00Unilever Capital Corp 495,953.85 496,027.32 1,557.29 0.00 3,588.54 2,031.25 73.47 2,104.72 Corporate Bonds - Sub Total 4,400,000.00 3,488,397.74 4,378,440.63 22,733.71 907.47 32,898.69 11,072.45 467.89 11,540.34 LAIF
9819499 05/01/2024 35,081,100.37LAIF 9,974,525.05 35,081,100.37 106,575.32 106,575.32 0.00 0.00 0.00 0.00 LAIF - Sub Total
35,081,100.37 9,974,525.05 35,081,100.37 106,575.32 106,575.32 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 05/01/2024 250,003.83Goldman Sachs Govt MMF 2,121,451.84 250,003.83 7,641.12 7,641.12 4,104.98 4,104.98 0.00 4,104.98 Money Market Funds - Sub Total
250,003.83 2,121,451.84 250,003.83 7,641.12 7,641.12 4,104.98 4,104.98 0.00 4,104.98 U.S. Agencies
3133EKTV8 07/01/2024 500,000.00FFCB 499,995.00 499,996.61 2,375.00 0.00 3,166.67 791.67 1.61 793.28 3133ENG20 08/15/2024 1,000,000.00FFCB 999,682.29 999,751.05 4,216.67 0.00 6,966.67 2,750.00 68.76 2,818.76 3133EK3B0 10/16/2024 200,000.00FFCB 199,823.32 199,849.59 1,375.00 1,500.00 125.00 250.00 26.28 276.28 3130A4CH3 03/14/2025 500,000.00FHLB 508,876.76 508,126.25 560.76 0.00 1,550.35 989.59 -750.51 239.08 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 499,251.36 499,292.17 41.67 0.00 197.92 156.25 40.81 197.06 3130AXU63 11/17/2026 1,000,000.00FHLB 998,449.61 998,497.14 17,215.28 0.00 21,069.44 3,854.16 47.53 3,901.69 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 455,775.77 457,003.05 437.50 0.00 812.50 375.00 1,227.28 1,602.28 3130ARTT8 05/19/2027 600,000.00FHLB 600,000.00 600,000.00 7,700.00 0.00 9,450.00 1,750.00 0.00 1,750.00 3130AT2L0 08/25/2027 1,000,000.00FHLB 1,000,000.00 1,000,000.00 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 15,500.00 0.00 20,500.00 5,000.00 0.00 5,000.00 3133EPZN8 10/24/2028 1,000,000.00FFCB 998,977.69 998,995.73 21,805.56 25,000.00 972.22 4,166.66 18.04 4,184.70 3133EP5U5 03/20/2029 541,000.00FFCB 0.00 527,042.87 0.00 -1,797.70 2,541.57 743.87 87.23 831.10 U.S. Agencies - Sub Total
11,341,000.00 10,760,831.80 11,288,554.46 84,640.91 24,702.30 91,586.64 31,648.03 767.02 32,415.05 U.S. Treasuries
91282CBV2 04/15/2024 0.00U.S. Treasury 499,936.72 0.00 865.78 937.50 0.00 71.72 63.28 135.00 912796Y52 07/05/2024 1,014,000.00U.S. Treasury 0.00 1,004,357.68 0.00 0.00 0.00 0.00 4,005.27 4,005.27 Run Date: 5/8/2024 - 12:35 PM
Amortizing
27 138
Income Earned
City of Lynwood April 01, 2024 - April 30, 2024
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
912828YV6 11/30/2024 1,000,000.00U.S. Treasury 1,007,107.66 1,006,233.76 5,040.98 0.00 6,270.49 1,229.51 -873.89 355.62 912828ZT0 05/31/2025 500,000.00U.S. Treasury 497,484.15 497,661.32 420.08 0.00 522.54 102.46 177.17 279.63 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 995,980.37 996,178.38 1,260.25 0.00 1,567.62 307.37 198.01 505.38 91282CBH3 01/31/2026 500,000.00U.S. Treasury 497,926.12 498,018.84 314.22 0.00 468.75 154.53 92.72 247.25 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,001,062.46 1,001,022.16 2,520.49 0.00 3,135.25 614.76 -40.30 574.46 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 496,437.54 496,554.60 11.95 2,187.50 370.56 2,546.11 117.06 2,663.17 91282CGC9 12/31/2027 630,000.00U.S. Treasury 619,583.57 619,811.66 6,170.19 0.00 8,182.21 2,012.02 228.10 2,240.12 9128286B1 02/15/2029 500,000.00U.S. Treasury 464,755.72 465,349.06 1,658.65 0.00 2,740.38 1,081.73 593.34 1,675.07 U.S. Treasuries - Sub Total 6,644,000.00 6,080,274.30 6,585,187.47 18,262.59 3,125.00 23,257.80 8,120.21 4,560.76 12,680.97 63,129,104.20Grand Total 37,835,575.90 62,993,444.20 264,593.13 152,010.35 183,590.73 71,007.95 5,857.94 76,865.89 Run Date: 5/8/2024 - 12:35 PM
Amortizing
28 139
Realized Gains and Losses
City of Lynwood April 01, 2024 - April 30, 2024
Par Value Sale Date Days Held Maturity/Sales RealizedCUSIP Coupon Rate Maturity Date Book Value Proceeds Gain/LossPurchase Date TermIssuer U.S. Treasuries
91282CBV2 500,000.0011/22/2021 04/15/2024 875 500,000.00 0.00 500,000.00 04/15/2024 875U.S. Treasury 0.375%
Total U.S. Treasuries 0.00 500,000.00 500,000.00
Grand Total 0.00 500,000.00 500,000.00
Run Date: 5/8/2024 - 12:35 PM
Amortizing
29 140
Transaction Report
City of Lynwood April 01, 2024 - April 30, 2024
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 04/01/2024 Interest 91282CCZ2 T 0 7/8 09/30/26 09/30/2026 - - 2,187.50 - - 04/01/2024 Interest 808513BW4 SCHW 3.3 04/01/27 04/01/2027 - - 4,125.00 - - 04/01/2024 Interest 910286GM9 FFED 4.55 06/29/27 06/29/2027 - - 896.54 - - 04/02/2024 Deposit LAIF Deposit - - - 25,000,000.00 - 04/03/2024 Purchase 912796Y52 TREASURY BILL 07/05/2024 -1,000,352.40 - - - - 04/03/2024 Interest FGTXX GSGF - - 7,641.12 - - 04/08/2024 Interest 949764HK3 WFC 5.05 11/07/28 11/07/2028 - - 1,063.68 - - 04/11/2024 Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 200.10 - - 04/15/2024 Interest 9819499 LAIF - - 106,575.32 - - 04/15/2024 Maturity 91282CBV2 T 0 3/8 04/15/24 04/15/2024 - 500,000.00 - - - 04/15/2024 Interest 91282CBV2 T 0 3/8 04/15/24 04/15/2024 - - 937.50 - - 04/15/2024 Interest 023135CF1 AMZN 3.3 04/13/27 04/13/2027 - - 4,125.00 - - 04/15/2024 Interest 32114VCH8 FNBMIC 4.6 03/15/28 03/15/2028 - - 968.90 - - 04/15/2024 Interest 15721UFP9 CFBK 4 3/4 09/15/26 09/15/2026 - - 1,000.49 - - 04/16/2024 Interest 3133EK3B0 FFCB 1 1/2 10/16/24 10/16/2024 - - 1,500.00 - - 04/18/2024 Interest 27002YFE1 EGBN 3.3 08/18/25 08/18/2025 - - 695.08 - - 04/19/2024 Purchase 3133EP5U5 FFCB 4 1/8 03/20/29 03/20/2029 -526,955.64 - -1,797.70 - - 04/19/2024 Purchase 89236TKQ7 TOYOTA 4 5/8 01/12/28 01/12/2028 -392,900.00 - -4,984.72 - - 04/22/2024 Purchase 857477CL5 STT 4.993 03/18/27 03/18/2027 -496,675.00 - -2,357.81 - - 04/22/2024 Interest 062119BK7 FBFCEN 4.65 03/20/28 03/20/2028 - - 979.43 - - 04/23/2024 Interest 32117BFR4 FNLC 5 09/23/26 09/23/2026 - - 1,053.15 - - 04/24/2024 Interest 3133EPZN8 FFCB 5 10/24/28 10/24/2028 - - 25,000.00 - - 04/29/2024 Interest 856283S98 SBIIN 1 04/27/26 04/27/2026 - - 1,243.40 - - 04/29/2024 Interest 910286GM9 FFED 4.55 06/29/27 06/29/2027 - - 958.37 - - Grand Total: -2,416,883.04 500,000.00 152,010.35 25,000,000.00 0.00 Run Date: 5/8/2024 - 12:35 PM
Amortizing
30 141
AGENDA STAFF REPORT
DATE:
August
6, 2024
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Julian Lee, Interim City Manager
PREPARED BY:
Mir Fattahi, Acting City Engineer
SUBJECT:
AWARD OF CONTRACT TO COURTNEY INC. FOR THE ROOF
RESTORATION AND REPLACEMENT AT LYNWOOD CITY HALL,
LYNWOOD COMMUNITY CENTER AND LYNWOOD SENIOR CENTER
(PROJECT NOS. 4011.68.033, 4011.68.132 & 4011.68.133)
Agenda Item # 9.3.
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 COURTNEY INC. FOR THE ROOF RESTORATION AND REPLACEMENT
AT LYNWOOD CITY HALL, LYNWOOD COMMUNITY CENTER AND LYNWOOD SENIOR CENTER (PROJECT NOS. 4011.68.033, 4011.68.132 & 4011.68.133); AUTHORIZING THE
CITY MANAGER TO APPROVE AGREEMENT AMENDMENTS RELATED TO THE PROJECT AND AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENTS.
APPROVAL OF ON-CALL ENGINEERING SERVICES PROVIDER TRANSTECH ENGINEERS INC.'S PROPOSAL FOR CONSTRUCTION MANAGEMENT AND INSPECTION SERVICES FOR THE PROJECT.”
Background:
As part of the City’s Fiscal Year (FY) 23-24 Capital Improvement Program (CIP) Project, the City budgeted for the roof restoration and replacement at the following three locations:
Lynwood City Hall (11330 Bullis Road), Lynwood Community Center (11301 Bullis Road), and Lynwood Senior Center (11329 Ernestine Avenue) (“Project”). Staff evaluated the existing conditions of the three (3) roofs and created a RFP. The RFP consists of providing design- build services for the restoration and replacement of the three (3) roofs.
On May 7, 2024, the City Council rejected all proposals received on April 17, 2024. The proposal cost estimates were higher than the combined FY 23-24 budgets for the three roofs.
City Council City Council Regular Meeting 142
Staff has since appropriated additional funding to the CIP projects accounts (4011.68.132 & 4011.68.133) as part of the City’s approved FY 24-25 budget.
Discussion and Analysis:
Per Public Contract Code 22170 (i), Local Agencies can solicit for services for design- build entities on “Qualification-based selection” and that price is not the sole factor as the basis of award.
On June 26, 2024, Staff uploaded to the City Website (Planetbids) soliciting proposals for the roof restoration and replacement at Lynwood City Hall, Lynwood Community Center and Lynwood Senior Center. On July 25, 2024, the proposal opening took place and staff received the following four (4) proposals:
Proposal
Proposal Amount
Courtney Inc.
$1,567,000
Best Contracting Services, Inc.
$1,693,425
Danny Letner Inc.
$1,702,000
AME Builders Inc.
$1,811,000
An analysis of the submitted firms was conducted, including a review of cost estimates, license, references, and required documents. After review, staff determined to move forward with Courtney Inc.’s proposal for the project. City staff identified that the selected contractor has previous experience working with public agencies, and can provide the requested services in a timely matter.
The scope of services provided by the contractor includes: roof repairs at the Lynwood Senior Center, roof restoration at the Lynwood City Hall, and roof removal and replacement at the Lynwood Community Center.
It is estimated that this project will take approximately sixty (60) calendar days to complete the work set forth in the specifications. Upon authorization, Staff will circulate the contract documents, set up a pre-construction meeting, and schedule work to commence.
Per Lynwood Municipal Code 6-3.15, Any proposals for master agreements in an amount exceeding $50,000 shall require City Council’s approval. Staff recommends City Council City Council City Council Regular Meeting 143
approve on-call engineering service provider Transtech Engineers Inc.’s proposal for Construction Management and Inspection services for the Project in the amount of $68,524.
Transtech Engineers Inc.’s proposal shows that they have the best experience and best value to perform this work.
Project Budget
The table below is the proposed construction cost for this project:
Estimated Construction Cost
Construction Cost
$1,567,000.00
Contingency (10%)
$156,700.00
Construction Management/Inspection
$68,524.00
Project Management/Support (5%)
$78,350.00
Labor Compliance and Other (5%)
$79,426.00
Total Estimated Construction Cost
$1,950,000.00
The City’s FY 24-25 CIP budget includes $1,990,000 from 2020 Lease Revenue Bonds and Prop A funds for the following three CIP accounts:
Project Accounts
Funding Amount
Funding Source
City Hall Roof Repair (4011.68.033)
$542,000
2020 Lease
Revenue Bond
Senior Center Roof Repair (4011.68.132)
$699,000
Prop A, 2020
Lease Revenue
Bond
Lynwood Community Center Roof Repair
(4011.68.133)
$749,000
Prop A, 2020
Lease Revenue
Bond
Total Funding Available
$1,990,000
Fiscal Impact:
The City’s FY 24-25 CIP budget for this project is $1,990,000 from 2020 Lease Revenue City Council City Council Regular Meeting 144
Courtney Roof Proposal City of Lynwood.pdf
TRANSTECH TASK ORDER, CMCI SERVICES, ROOF RESTORATION AT LYNWOOD COMM CTR-CITY HALL-SR CTR.pdf
ROOF REPAIRS FOR THREE LOCATIONS Construction Contract Agreement.pdf Resolution - Roof_Repair_Award.doc
Bonds and Prop A funds. No additional funding is needed.
Coordinated With:
City Manager’s Office
Department of Finance and Administration Services
Department of Recreation and Community Services
ATTACHMENTS:
Description
City Council City Council Regular Meeting 145
COURTNEY INC.
16781 MILLIKAN AVE, IRVINE, CA 92606 – PHONE (949) 222-2050 – FAX (949) 222-2063 CA LIC #699236–C8/C61/D12/C33/C39, NEV LIC(S): WP=#86692–C40, ROOF=#73978-C15, CONCRETE=#86448-C5 SIGNATORY UNIONS – ROOFERS, WATERPROOFERS AND SHEETMETAL; CONSTRUCTION LABORERS WWW.COURTNEYINC.COM
Rev. 7/31//23
1 ROOF PROPOSAL
Date: 7/25/2024’
Company: City of Lynwood
Attention: Purchasing Dept.
Project: City Hall – Roof Restoration
Community Center – Reroof with removal of existing
Senior Center - Roof Repairs
Address: 11301 Bullis Rd. Lynwood, CA 90262
Plans: Site Visit July 9, 2024’
Scope: Reroof – Tremco Roof Systems Spec. Sec.: 070150.73, 07516.00
Addenda: #0 Q&A: Received
SCOPE OF WORK:
Provide all labor and materials for Tremco roof systems – based upon approx. 45,000 sq.ft.
Base Bid:
- Roof replacement per specifications listed above by Courtney, Inc. - Demo completed by Klondike Construction Services, Inc.
Total Base Bid Amount: $1,567,000
146
COURTNEY INC.
16781 MILLIKAN AVE, IRVINE, CA 92606 – PHONE (949) 222-2050 – FAX (949) 222-2063 CA LIC #699236–C8/C61/D12/C33/C39, NEV LIC(S): WP=#86692–C40, ROOF=#73978-C15, CONCRETE=#86448-C5 SIGNATORY UNIONS – ROOFERS, WATERPROOFERS AND SHEETMETAL; CONSTRUCTION LABORERS WWW.COURTNEYINC.COM
Rev. 7/31//23
2 II. TERMS AND CONDITIONS:
A. Payment shall be made under the following agreement:
1. Progress payments monthly through completion of the project.
B. Disclosure Statement: State law requires us to inform you of contract liens. Any supplier or subcontractor may lien your real property if general contractor of customer fails to pay for goods or services delivered or installed at the work locatio n.
Some suppliers automatically send letters of notification similar to this note. At your request, we will provide original li en release documents from anyone who provides said materials or service. ( Please call if you have any questions regarding liens.)
C. All changes and/or additional work requested by the Contractor shall be pre -authorized in writing by a representativ e of the Contractor prior to Courtney Inc. performing said work. The amount listed on said Authorization shall increase the value of the Contract, and therefore, will constitute an APPROVED Change Order to the Contract. Payment for said Change Order(s) MUST BE PAID IN FULL once additional work is complete d. (Contractor cannot delay and is responsible for payment to Subcontractor for said -completed change order work. ) - This includes Time and Material (T&M) work performed by Courtney Inc. personnel.
D. All changes and/or additional work requested by the Owner/Contractor shall be priced based on current jurisdictional labor rates, current material costs plus sales tax, fuel surcharge if applicable, current equipment and rental equipment rates, mobilization/demobilization rates if applicable, plus a minimum of 15% mark-up on all items for OH&P.
Scope Exclusions: All other areas of work not specifically referenced herein or any unknown or unforeseen conditions. Demolition or Abatement, Surface preparation, including shot blasting or sand blasting, correction of improperly cured or finished concrete, sacking or patching, sheet metal flashing except as noted, carpentry work, concrete topping, light weight insulating concrete, slabs, plumbing, sheathing on walls, vapor barriers, temporary roof or waterproofing membrane, protection of finished roofing or waterproofing after completion, interior protection, batt insulation, fire proofing, establishing finish grade lines, rough grading or leveling, sloping for adequate drainage or elimination of ponding water except as noted, burrito drain or backfill, except as noted.
California engineering stamps, design liabilities, coring, testing and third-party consultants or inspections are also excluded.
III. INSURANCE
GENERAL LIABILITY: SUMMIT SPECIALTY INSURANCE CO - A.M. Best A VIII - 2/1/2024-2/1/2025 $2,000,000 AGGREGATE
$1,000,000 per Occurrence
Endorsements:
Addl. Insured: CG 20 10 04 13, CG 20 37 04 13
Primary & Non-Contributing Wording
Waiver of Subrogation
EXCESS LIABILITY: SUMMIT SPECIALTY INSURANCE CO. - A.M. Best A VIII - 2/1/2024-2/1/2025 Per Occurrence, Follow-Form
$5,000,000 AGGREGATE
$5,000,000 EACH OCCURRENCE
2ND LAYER LANDMARK AMERICAN INSURANCE CO – A.M. Best A++ XIV 2/1/2024-2/1/2025 $3,000,000 Each Occ/Agg
3rd LAYER FAIR AMERICAN SELECT INSURANCE CO – A.M. Best A++ XV 2/1/2024-2/1/2025 $3,000,000 Each Occ/Agg
147
COURTNEY INC.
16781 MILLIKAN AVE, IRVINE, CA 92606 – PHONE (949) 222-2050 – FAX (949) 222-2063 CA LIC #699236–C8/C61/D12/C33/C39, NEV LIC(S): WP=#86692–C40, ROOF=#73978-C15, CONCRETE=#86448-C5 SIGNATORY UNIONS – ROOFERS, WATERPROOFERS AND SHEETMETAL; CONSTRUCTION LABORERS WWW.COURTNEYINC.COM
Rev. 7/31//23
3 WORKER’S COMP: REDWOOD FIRE & CASUALTY INSUR CO - A.M. Best A++ XV 2/1/2024-2/1/2025 $1,000,000 / Statutory Limit EMR: .74
Endorsement: Waiver of Subrogation
AUTOMOBILE: EVEREST NATIONAL INSURANCE CO- A.M. Best A+, XV – 2/1/2024-2/1/2025 COMBINED SINGLE LIMIT: $1,000,000
Any Auto
POLLUTION LIABILITY EVANSTON INSURANCE CO . – A.M. Best A XV – 2/1/2024-2/1/2025 $3,000,000 EACH OCCURRENCE & AGGREGATE
Mold Coverage
DEDUCTIBLE: Liability Deductible: $10K
NOTES: ALL OTHER INSURANCE REQUIREMENTS NOT MENTIONED ABOVE MUST BE DISCUSSED WITH COURTNEY INC. PERSONNEL AT TIME OF BIDDING.
IV. BOND INFORMATION
SURETY COMPANY: LIBERTY MUTUAL INSURANCE COMPANY - A.M. BEST: A, XV Per Project Bond Limit: $20,000,000
Aggregate Limit: $35,000,000
Bond Rate = 2.5% (included in bid) / (5yr – 2.8%)
Important Note: 2.5% rate includes up to two (2) year labor warranty pertaining to the bond. When the duration of the specified WARRANTY, for applicator/installer exceeds two (2) years, the following clause shall be included in Subcontract Agreement:
“THE OBLIGATION OF SUBCONTRACTOR’S SURETY COMPANY, PER ALL
WARRANTIES FOR DEFECTIVE WORKMANSHIP AND MATERIALS, IS
LIMITED TO TWO (2) YEARS.”
Variance cost to bonding clause for labor warranty greater than two (2) years. 3rd year = 2.6%, 4th year = 2.7%, 5th year = 2.8%. Bonds shall not exceed 5 years (PLEASE NOTE: The manufacturer and installer will provide all warranties (if applicable and available) per subcontract agreement /specifications
The proposal is good for thirty (30) days from the date above at which time Courtney Inc. will reserve the right to adjust pricing due to increases in material and labor costs.
Should you have any questions concerning the proposed scopes of work or the conditions above, please do not hesitate to contact me at 949-222-2050 x-133
Respectfully,
Daniel Ammann
Project Manager/Estimator
Courtney Inc.
148
www.transtech.org
855.595.2495 (toll-free)
13367 Benson Avenue
Chino CA 91710
July 28, 2024
City of Lynwood
11330 Bullis Road
Lynwood, CA 90262
Attn: Julian Lee, PE, Director of Public Works, City of Lynwood
Subject: Task Order Proposal for Construction Management and Construction Inspection Services for Roof Restoration and Replacement at Lynwood Community Center Lynwood City Hall and Lynwood Senior Center
Dear Mr. Lee:
Per City’s request, Transtech is pleased to submit this Task Order Proposal to provide Construction Management and Construction Inspection Services to the City for the following project:
Roof Restoration and Replacement at Lynwood Community Center Lynwood City Hall and Lynwood Senior Center
Project Understanding:
The project scope, as referenced on Scope of Work of Design-Build RFP for the project is as follows:
The project scope includes restoration or reconstruction of the roof as described below.
Lynwood Community Center – Roof Replacement
Lynwood City Hall – Roof Replacement
Lynwood Senior Center - Roof Replacement
The constru ction duration as speci fied by the C ity is 60 calendar days. Construction shall be completed before October 30, 2024.
Project Approach, Caltrans Local Assistance Procedures (LAPM):
STRUCTURED APPROACH:
We have a structured approach to execute projects in an efficient manner that makes Transtech capable of providing the City with an efficient and quality product. Transtech has established guidelines and policies, including written manuals on quality control, project management, and design procedures for its staff and for its contract cities. These guidelines ensure a consistent approach to the execution of assignments undertaken by our organization in compliance with City’s specific procedures, standards and requi rements. The following paragraphs describe our general approach to deliver projects in an efficient and cost -effective manner. A project specific approach will be provided for each assigned project and will become part of the specific contract for the specific project. 149
July 28, 2024
City of Lynwood
Subject: Task Order Proposal for Construction Management and Construction Inspection Services for Roof Restoration and Replacement at Lynwood Community Center Lynwood City Hall and Lynwood Senior Center
• Project Management: Our approach is to provide proactive management and attempt to identify potential issues and problems in advance and take corrective actions before they become problems. This requires extensive hands- on knowledge, experience and management skills of the p eople involved in managing the project. Our team members have extensive experience and proven track record in managing large and complex projects and bringing them to a completion on time and within budget.
• Approach to Cost Control and Change Orders: We evaluate project costs and develop feasible mitigation measures to minimize additional costs. We work as a team to solve problems or make modifications in the field to address unforeseen conditions or owner generated changes in a cost-effective manner. • Approach to Scheduling and Timely Completion of Project and Schedule Recovery : The baseline schedule should properly identify the project scope, critical path, project milestones, target dates, phases and sequences of work, and activity durations. When significant activities show that they are slipping from the baseline, we work w ith the contractor to develop recovery plans.
• Management of Documents : We use an electronic file management system. All construction forms, daily dairies, weekly statement of working days, etc. are stored in our electronic file system, and are per Caltrans documentation system. We provide these documents at the end of the project to the client in organized files as well as pdf files. • Safety and Security: We hold meetings with the contractor to review and discuss safety and security requirements, OSHA conformance, emergency security and safety procedures, and enforce security and safety responsibilities. • Funding Closeout: We prepare necessary closeout documentation required by the funding agencies, submit final reimbursement documentation, follow-up on the reimbursements, and final funds balance report. • Project Closeout: We recognize that closeout is an important part of the construction process. It signifies that the new facility structure is ready to use. We methodically handle all closeout tasks to ensure a smooth transition from construction to occupancy.
• Methodology for Communication to Inform City on Work Progress : Key project team members will attend periodic project progress meetings with City staff throughout the project duration. • Electronic common project information and file sharing platform: We create and provide access to project participates a common project information and file sharing platform.
Proposed Staff:
OKAN DEMIRCI, PE, QSD, QSP, MBA, Principal Project Manager Education
• BS in Engineering
Registrations/Certifications
• Registered Civil Engineer
• Caltrans Resident Engineer Academy
Highlights
Mr. Demirci has approximately 12 years of experience. Mr. Demirci serves as Assistant Public Works Director, City Engineer, CIP Program Manager at Transtech’s Contract Cities and provides technical and management support.
Mr. Demirci completed Caltrans Resident Engineer Academy, very familiar with the management and administration of federally and state funded projects in compliance with Caltrans Local Assistance Procedures Manual (LAPM).
Mr. Demirci works as CIP Program Manager at various Transtech’s Contract Cities and manages various capital improvement programs including state and federal funded 150
July 28, 2024
City of Lynwood
Subject: Task Order Proposal for Construction Management and Construction Inspection Services for Roof Restoration and Replacement at Lynwood Community Center Lynwood City Hall and Lynwood Senior Center
programs. Mr. Demirci’s experience also includes working as Resident Engineer, Project Manager and Construction Manager on various projects (including federal and state funded projects).
He has a broad knowledge of municipal government operations, including preparation and presentation of staff reports/resolutions to city councils, committees and interaction with public, various city departments, city council and other governmental agencie s.
CIROS GANJI, Project Inspector
Education
• BS, Civil Engineering, California State University of Long Beach Registrations/Certifications
• Nuclear Certified
• ACI Certified
• SWPPP and NPDES Certified
• Certified Erosion, Sediment, and Storm Water Inspector (CESSWI), 5823 •
Highlights
Mr. Ganji has approximately 25 years of experience in construction, construction inspection, geotechnical testing, and designing several projects for local cities, government agencies, and private developers. Mr. Ganji successfully completed many Capital Impro vements Projects, numerous mainline underground utility projects and commercial tract developments.
He is an expert in flood control, sewers, drainage, AC and PCC paving, traffic control, roadway excavation, soils testing, concrete inspection, and major public works projects. Mr. Ganji has been responsible for inspecting and reviewing proper traffic control plans; detecting and locating faulty materials; maintaining daily inspection reports; and preparing final punch lists.
He has great communication skills, responding to citiz en complaints and providing quality customer service. In addition, he prepares and maintains project documents including labor and equipment records and labor compliance reports.
Below are a few projects representative of his experience:
• Water and Sewer improvements on twelve various streets CIP 7454,7466 and 7626 (Walnut, Juniper, Orange, Date, Sievers) - City of Brea. Mr. Ganji provided construction inspection on replacements and upgrade of existing water mains and appurtenances new C900 waterlines, fire hydrants, pressure testing, disinfection and abandonment of existing watermain and appurtenances. He provided inspection on new 8” VCP sewer main, manholes and sewer laterals reconstruction and street resurfacing throughout the Project a reas. He provided inspection on traffic control, storm water pollution prevention, sawcut, removal and disposal of existing damaged roadway sections, PCC sidewalk, curb ramps, cold milling, AC leveling course. • Pedestrian Safe Bus Stop Linkage Project on Hawthorne Boulevard - City of Rancho Palos Verdes. Mr.
Ganji provided construction inspection services on construction of pedestrians with safe access to eleven bus stops on both sides of Hawthorne Boulevard between Crest Road and Palos Verdes Drive.
The project consisted of placing approximately 13,000 li near feet of sidewalk and improvements which required: traffic control, construction survey, removal and replacement of sidewalks, curb and gutter and cross gut ters, construction of curb access ramps, asphalt concrete pavement repairs, traffic signs, and adjustments of utilities to grade. Construction began in May 2018 with a budget of $1.3 million.
• Hetzler Road Pedestrian Trail Improvements Project - Culver City. Mr. Ganji provided Inspection for construction of 13,000 SF CMU retaining walls and 15000 SF of color PCC sidewalk on Hetzler road.
Responsibilities include inspecting line grade, size, elevations/locations of improvements for 5000 LF of 151
July 28, 2024
City of Lynwood
Subject: Task Order Proposal for Construction Management and Construction Inspection Services for Roof Restoration and Replacement at Lynwood Community Center Lynwood City Hall and Lynwood Senior Center
PCC wall drain, Verify/authorize progress payments with contractors & Culver City project manager, monitoring SWPPP and the BMPs implementations, comply with the NPDES permit and ensure contractor compliance with contract plans and specifications. • Intersection Improvement Projects at Pacific Highway (SR-1) / Walnut Street and Western Avenue (SR- 213) / Palos Verdes Drive North - City of Lomita. Mr. Ganji provided construction inspection on Walnut Street and Western Avenue (SR -213) / Palos Verdes Drive North intersection 170 working days improvement project. Areas of construction include channelization, stripping, traffic signals and lighting upgr ades, construction of curb access ramps, asphalt concrete pavement repairs, traffic signs. He was responsi ble for performing daily construction inspection for trenching and installation fiber optic cable for traffic signal installations, inspecting detours to satisfaction of the City Traffic Engineer and Inspecting construction progress payments and setting pre-construction meetings. • Alpha Avenue and Camino Del Sol Street Improvement Project, Project No. 2020 -01 - City of South Pasadena. Mr. Ganji provided construction inspection of pavement rehabilitation and replacement of water services, meters, valves, fire hydrants and other appurtenances, on Alpha Avenue, from Camino Lindo to Valley View Road and Camino Del Sol from Albans Avenue to Via Del Rey. He performed inspections on repair of damaged PCC sidewalks, curb and gutter, driveways at various locations and curb ramps on Alpha Ave nue, from Camino Lindo to Valley View Road and Camino Del Sol from Albans Avenue to Via Del Rey.
• Resurfacing/Slurry Sealing Project - City of Maywood. Mr. Ganji was responsible for preparation of daily reports and weekly statement of working days, managing client issues related to projects, controlling overall project budgets including consultant’s fees, keep tracking of RFI & RFI logs, preparing meeting minutes and documentation, keeping track of monthly project pay estimates with contractor.
• The Cove Project / Palm Springs, CA, Caltrans - District 8. Mr. Ganji was responsible for inspections of all construction activities ensuring contractor compliance with contract plans, specifications & recording detailed daily inspections, oversee monitor field work, work schedules and inspection phases, participat ed in numerous safety programs and strictly enforced safety and health requirements on site.
RUDOLPH RODRIGUEZ , Associate Engineer, Project Management/Inspection/Office Engineering/RE Support
Education
• B.S Civil Engineering, Cal Poly Pomona
Registrations/Certifications
• 10-Hr OSHA
Highlights
Mr. Rodriguez has approximately 5 years of experience. His experience includes CIP management support, coordination with City Departments, Utility Companies, Caltrans, other Regulatory Agencies, Developers, Consultants, Contractors, and overall management and coordination support for a variety of projects from design through plan review and approvals and construction. Following are various examples of projects and assignments (under Transtech’s Municipal Engineering Contracts) representative of his experience:
• CIP Project Management Support/Asst. Project Manager, City of West Covina, Maywood, Commerce, South El Monte, Lynwood, Rosemead (services provided under Transtech City Engineering contract): Provided capital improvement projects management support to Transtech’s contract City Engineer. Under this role, Mr. Rodriguez provided CIP project management support as Asst. Project Manager, Office Engineer and Field Inspection support, and he has been involved in planning, design and construction phases of CIP projects. Mr. Rodriguez prepared staff repo rts, bid packages, RFPs, technical documents, conducted field reviews, inspection and office engineering support to Transtech construction managers and resident engineers. Highlighted projects are listed below:
152
July 28, 2024
City of Lynwood
Subject: Task Order Proposal for Construction Management and Construction Inspection Services for Roof Restoration and Replacement at Lynwood Community Center Lynwood City Hall and Lynwood Senior Center
o City of West Covina, FY 22/23 Pavement Rehabilitation: Citywide pavement rehabilitation (asphalt coldmill and overlay and slurry seal), concrete improvements (sidewalk, curb, curb ramp), striping. Project Cost: $4.0m. o City of West Covina, CDBG Sidewalk Improvements (Federally Funded): Citywide pedestrian accessibility improvements including concrete sidewalk, curb&gutter, driveway approach improvements. Project Cost: $1.0m.
o City of West Covina, Citywide Vehicle and Pedestrian Safety Improvements: Citywide vehicle and pedestrian safety improvements including crosswalks, traffic control devices (RRFBs, radar speed feedback system, overhead flashing beacon, etc), signage and striping, accessibility improvements including sidewalk, curb & gutter and driveway approach. Project Cost: $1.0m.
o City of Maywood, FY 22/23 Pavement Rehabilitation: Citywide pavement rehabilitation (asphalt coldmill and overlay and slurry seal), concrete improvements (sidewalk, curb, curb ramp), striping. Project Cost: $3.0m.
o City of Maywood, CDBG Sidewalk Improvements (Federally Funded): Citywide pedestrian accessibility improvements including concrete sidewalk, curb&gutter, driveway approach improvements. Project Cost: $0.75m.
EARL FRASER, Registered Constr. Inspector, QSP, Sr. Supervising Inspector Education
• BA
Registrations/Certifications
• Registered Construction Inspector by American Construction Inspectors Association • QSP (Construction General Permit Qualified SWPPP Practitioner) Highlights
Mr. Fraser has approximately 30 years of experience. He is a Registered Construction Inspector by American Construction Inspectors Association. He is also certified as QSP (Construction General Permit Qualified SWPPP Practitioner). His experience includes inspection local roads, pavement rehab, ADA, grading wet and dry utilities. As Sr. Inspector/Construction Manager, he performs a wide variety of tasks to ensure the project progresses on schedule, is in compliance with approved plans and specifications, and effective communication and information flow is maintained with project participants. He has inspected projects that are funded with State and Federal Funds and is familiar Caltrans LAPM for Contract Administration.
Examples of his project experience as Sr. Inspector/Construction Manager includes:
• La Ballona Safe Routes to School Improvements, City of Culver City • Valley-Linden Roadway Improvements, City of Rialto
• FY 19/20 Pavement Rehab, City of Commerce
• FY 19/20 Pavement Rehab Las Tunas Rd, City of Temple City • FY 19/20 Pavement Rehab, City of Cudahy
• FY 17/18, 19/20, 20/21 Pavement Rehab, City of West Covina • FY 19/20 Pavement Rehab, City of Maywood
• CDBG Various Restroom Improvements, City of Cudahy
• CDBG Sr. Center Facility Improvements, City of West Covina • Traffic Signal Improvements (HSIP Cycle 6), City of South El Monte • Brewster Ave Water and Sewer Improvements, City of Lynwood • Agnes Ave Water and Sewer Improvements, City of Lynwood • Primrose Park Improvements, City of Temple City
• Field Inspector and Design Support, City of Grand Terrace Pico Park Ball Field 153
July 28, 2024
City of Lynwood
Subject: Task Order Proposal for Construction Management and Construction Inspection Services for Roof Restoration and Replacement at Lynwood Community Center Lynwood City Hall and Lynwood Senior Center
JEFFREY HIRSH, Back-up Sr. Inspector (when needed)
Education
• SDSU, College Level Classes
Registrations/Certifications
• Cal OSHA 10-hour construction certified
• Construction Site Storm Water Training
Highlights
Jeffrey Hirsh has approximately 25 years of experience in general engineering/public works and building construction projects. He has worked in the capacity of foreman, site superintendent and project manager. In these capacities, he has been involved in a wide variety of private and public works construction projects in Type A (General Engineering) and Type B (Building) construction. He has knowledge of standards and procedures for public agencies, including the Green Book, Caltrans, and has extensive experience in traffic control, safety and OSHA compliance requirements. Mr. Hirsh also has experience in inspecting federally funded projects to ensure compliance with the Caltrans LAPM. Following are examples of projects where Mr. Wheeler served as the Project Inspector and provided on -site CM Support:
• Washington Boulevard Widening and Reconstruction Project (Federally Funded), City of Commerce
• Temple City Bl. HSIP Project, Traffic Signal Imp and Pavement Rehab (Federally Funded), City of Temple City
• Eastern Avenue Street Rehab Project, City of Commerce • City-Wide Annual Street Rehab Project, City of Commerce • La Ballona Safe Routes to School Improvements (Federally Funded), City of Culver City • Traffic Signal Left Turn Phasing Project (Federally Funded), City of Culver City • Uptown Parking Structure, City of Whittier
• Garvey Park Facility Improvements
• Lugo Park Artificial Turf Soccer-Field and Park Project in the City of Cudahy • Metrolink Station Improvements, City of Commerce
Jeffrey’s prior experience includes:
• 2013-214, PSBI Parking Structure Construction: Sr. Superintendent. • 1995-2013, Harwood Homes, Inc. Managed 35 Development Projects • 1992-1995, Overland Company: Site Superintendent – SFR Tract Home Development • 1985-1992, Cambridge Development: Site Superintendent/Assistant Superintendent
154
July 28, 2024
City of Lynwood
Subject: Task Order Proposal for Construction Management and Construction Inspection Services for Roof Restoration and Replacement at Lynwood Community Center Lynwood City Hall and Lynwood Senior Center
Fee Estimate:
Classification Classification Classification
CM, Sr.
Supervising
Inspector
Sr. Inspector Office Eng
Av. Hrly Rate Av. Hrly Rate Av. Hrly Rate
$194 $158 $152
4 8 4 16 $2,648
Assumed
Field
Inspection
Total Hrs =
44 work
days
level of
effort
22 352 22 396 $63,228
4 8 4 16 $2,648
30 368 30 428
$5,820 $58,144 $4,560 $68,524
$68,524
Total
Fee
Total
Hours
Construction
Phase Services
Pre-Construction Phase Services
Total Estimated Budget
Post-Construction Phase Services (Project
Close-out)
Total Hours (Transtech)
Total Fee (Transtech)
FEE
PROPOSAL
Note 1: Per specifications, the total work duration is 60 calendar days, which equals to approx. 44 working days.
Thank you for the opportunity to submit this task order proposal.
Should you have any questions, please contact me.
Okan Demirci, PE, QSD, QSP, Project Manager
E: [email protected]
C: 714-319-6137; O: 909-595-8599
Respectfully submitted.
Okan Demirci, PE, QSD, QSP, Project Manager
E: [email protected]
C: 714-319-6137; O: 909-595-8599
Ahmad Ansari, PE, Principal
E: [email protected]
C: 949-702-5612; O: 909-595-8599
155
July 28, 2024
City of Lynwood
Subject: Task Order Proposal for Construction Management and Construction Inspection Services for Roof Restoration and Replacement at Lynwood Community Center Lynwood City Hall and Lynwood Senior Center
Approved by:
________________________________________ _________________________ ____________ Name/Title Signature Date
Approved by:
________________________________________ _________________________ ____________ Name/Title Signature Date
Julian Lee, PE, Director of Public Works
156
CITY OF LYNWOOD CONSTRUCTION AGREEMENT
FOR CONSTRUCTION OF PROJECT NOS. 4011.68.033, 4011.68.132 & 4011.68.133 ENTITLED “ROOF REPAIRS AND RESTORATIONS AT
LYNWOOD CITY HALL, LYNWOOD COMMUNITY CENTER, AND
LYNWOOD SENIOR CENTER”
This agreement (the “Agreement”) is made and entered into on this _6th day of August, 2024_ by and between the City of Lynwood, a California Municipal Corporation ("City") and Courtney Inc., a General Contractor ("Contractor"). City and Contractor are sometimes hereinafter referred to individually as a “Party” and collectively as the “Parties.”
R E C I T A LS
City and Contractor, based upon the mutual promises contained herein, do hereby agree as follows:
I. CONTRACT DOCUMENTS
This Agreement consists of the following Contract Documents, the terms and conditions of which are expressly incorporated as component parts of this Agreement as if herein set out in full or attached hereto:
A. Notice Inviting Bids Dated ________
B. Instructions to Bidders.
C. Addenda.
D. Contractor’s Proposal and Workers’ Compensation Certificate dated August 6th, 2024, and all other Documents attached thereto, including but not limited to:
1. Bid Schedule(s)
2. List of Subcontractors
3. Anti-Trust Claim
4. Non-Collusion Affidavit
5. Bidder’s General Information
6. Bid Bond (Bid Security Form)
7. Bidder’s Insurance Statement
E. Payment Bond.
F. Performance Bond.
G. Certificates/Proof of Insurance and Endorsements.
H. Certified Copy of the Lynwood City Council Resolution, not required.
I. Notice of Award dated____________.
J. Notice to Proceed dated ______TBD________.
K The Plans (Contract Drawings).
L. Special Provisions
M. Standard Specifications for Public Works Construction, “Greenbook” latest Edition.
N. Appendices A through E of the Contract Documents.
O. Reference Specifications.
157
P Approved and Fully-Executed Change Orders.
Q. The Director of the Department of Industrial Relations’ Determination of Prevailing Wage Rates for Public Works for each craft or type of worker required to perform the Work under this Agreement.
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II. CONTRACT PRICE
The City agrees to pay, and the Contractor agrees to accept as full payment for the Work outlined in the Contract Documents, the Contract Price of ONE MILLION FIVE HUNDRED SIXTY SEVEN THOUSAND DOLLARS ($1,567,000), subject to additions and deductions, if any, made in accordance with said Contract Documents. Progress payments shall not be made more often than once each thirty (30) days, nor shall progress payments paid be in excess of ninety percent (95%) of the Contract Price at time of completion. Final payment to Contractor will be processed thirty-five (35) days after the City has recorded the Notice of Completion. Contractor may, upon Contractor's written request, and approved by the City Council, at Contractor's expense, deposit substitute securities, as stated in Government Code Section 16430, and as authorized by Public Contract Code, Section 22300, in lieu of retention monies withheld to insure performance.
Payment of undisputed amounts due under this Agreement, including the final payment due hereunder, is contingent upon the Contractor furnishing to the City an unconditional release by the Contractor of all claims against the City arising by virtue of this Agreement related to those amounts. Disputed claims in stated amounts may be specifically excluded by Contractor from the operation of any release. No payment, final or otherwise, shall operate to release the Contractor or its sureties from obligations arising under this Agreement or the bonds and warranties furnished hereunder. No payment shall be construed as an acceptance of any of the Work or of defective or improper materials.
III. BONDS
Within ten (10) calendar days of receiving the Notice of Award and prior to Contractor’s commencement of the Work, Contractor shall furnish to City, using the forms set forth in the Bid Documents, a Labor and Materials Payment Bond in an amount equal to one hundred percent (100%) of the Contract Price, and a Performance Bond in an amount equal to one hundred percent (100%) of the Contract Price, said bonds to be in conformance with the Contract Documents, including but not limited to, the General Specifications and Subsection 2.2.2 of the Special Provisions.
159
IV. INDEMNITY
Contractor shall defend (with counsel of City’s choosing), indemnify and hold the City, its respective elected and appointed boards, officials, officers, agents, employees, representatives and volunteers (individually and collectively referred to hereinafter as “Indemnitees”) free and harmless from any and all claims, demands, causes of action, costs, expenses, liabilities, losses, damages or injuries, in law or equity, regardless of whether the allegations are false, fraudulent, or groundless, to property or persons, including wrongful death, to the extent arising out of or incident to any acts, omissions or willful misconduct of Contractor, its officials, officers, employees, agents, consultants and contractors arising out of or in connection with the performance of the Work or this Agreement, including claims made by subcontractors for nonpayment, including without limitation the payment of all consequential damages and attorney fees and other related costs and expenses. Contractor shall defend, at Contractor’s own cost, expense and risk, with counsel of City’s choosing, any and all such aforesaid suits, actions or other legal proceedings of every kind that may be brought or instituted against Indemnitees. To the extent of its liability, Contractor shall pay and satisfy any judgment, award or decree that may be rendered against Indemnitees in any such suit, action or other legal proceeding.
Contractor shall reimburse Indemnitees for any and all legal expenses and costs incurred by each of them in connection therewith or in enforcing the indemnity herein provided. The only limitations on this provision shall be those imposed by California Civil Code Section 2782.
This obligation to indemnify and defend Indemnitees as set forth herein shall survive the termination of this Agreement and is in addition to any rights which City may have under the law. This indemnity is effective without reference to the existence or applicability of any insurance coverages which may have been required under this Agreement or any additional insured endorsements which may extend to City.
V. INSURANCE
Without limiting Contractor’s indemnification of Indemnitees as set forth in Section IV of this Agreement, Contractor shall obtain, provide and maintain, at its own expense, the types and amounts of insurance described in Subsection 2.7.2 of the Special Provisions of the Contract Documents. Such insurance shall be in force prior to Contractor commencing any Work under this Agreement and shall remain in force for the duration of this Agreement and for any other such period as may be required herein. Contractor shall provide proof of the required insurance coverage and the endorsements specified in Subsection 2.7.2 of the Special Provisions within ten (10) calendar days of receipt of the Notice of Award.
VI. INELIGIBLE SUBCONTRACTORS
In accordance with the provisions of Section 6109 of the California Public Contract Code, Contractor agrees that it shall not perform any work under this Agreement with a subcontractor who is ineligible to perform work on a public works contract pursuant to Sections 1777.1 and 1777.7 of the California Labor Code. Contractor further acknowledges that any contract on a public works project entered into between a contractor and debarred subcontractor is void as a matter of law, and a debarred subcontractor may not receive any public money for performing work as a subcontractor on a public works 160
contract. Any public money that is paid or may have been paid to a debarred subcontractor by a Contractor for work performed on this Project shall be returned to the City. The Contractor shall be responsible for the payment of wages to workers of a debarred subcontractor who have been allowed to work on the Project.
VII. COMMENCEMENT OF WORK AND LIQUIDATED DAMAGES
The Contractor shall commence the Work required by this Agreement within ten (10) calendar days of the date specified in the Notice to Proceed from the City, and shall complete all Work as specified in the Contract Documents within SIXTY (60) CALENDAR DAYS from the date in said Notice.
City and Contractor have discussed the provisions of Government Code Section 53069.85 and the damages that may be incurred by City if the Work is not completed within the time specified in this Agreement. The City and Contractor hereby represent that at the time of signing this Agreement, it is impracticable and extremely difficult to fix the actual damage which will be incurred by City if the Work is not completed within the number of working days allowed. Accordingly, City and Contractor agree that the sum of $1,000.00 per calendar day is a reasonable sum to assess as Liquidated Damages to City by reason of the failure of Contractor to complete the Work within the time specified.
VIII. CERTIFICATION UNDER LABOR CODE SECTION 1861
By signing this Agreement, Contractor makes the following certification required by Section 1861 of the California Labor Code:
“I am aware of the provisions of Section 3700 of the California Labor Code which requires every employer to be insured against liability for workers’ compensation or to undertake self-insurance in accordance with the provisions of that Code, and I will comply with such provisions before commencing the performance of any Work under this Agreement.”
IX. APPRENTICES
The Contractor acknowledges that, in accordance with Section 1777.5 of the State Labor Code, he/she will be held responsible for compliance with the provisions of this Section for all apprenticeable occupations.
X. SUBSTITUTION OF SUBCONTRACTORS
The Contractor hereby agrees to reimburse the City for costs incurred by the City in the substitution of subcontractors. Where a hearing is held pursuant to the provisions of Section 4100 et seq. of the Public Contract Code by the City or a duly appointed hearing officer, the Clerk of the City of Lynwood shall prepare and certify a statement of all costs incurred by the City for investigation and conduct of the hearing, including the costs of any hearing officer and shorthand reporter appointed.
The statement shall then be sent to the Contractor, who shall reimburse the City for such costs. If not paid separately, such reimbursement may be deducted from any money due and owing to the Contractor prior to the City’s acceptance of the Project. 161
XI. LICENSES
Contractor acknowledges and agrees that Contractor must have all appropriate contractor's licenses. Contractor further warrants and represents that he/she/they has/have the appropriate contractor's license to pursue the work hereunder. Contractor's failure to have or maintain all appropriate licenses during the entire term of this Agreement shall be cause for the immediate and summary termination of this Agreement by City. Contractor shall be liable for all City's costs incurred to complete the Work under this Agreement in the event of such termination.
XII. EMPLOYMENT DISCRIMINATION PROHIBITED
Pursuant to California Labor Code Section 1735 and other applicable provisions of law, the Contractor and its subcontractors shall not discriminate against any employee or applicant for employment because of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, marital status, sex, age, political affiliation or sexual orientation in the performance of Work under this Agreement. The Contractor will take affirmative action to insure that employees are treated during employment or training without regard to their of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, marital status, sex, age, political affiliation or sexual orientation.
XIII. PREVAILING WAGES
The Contractor is aware of the requirements of Labor Code Sections 1720 et seq. and 1770 et seq., as well as California Code of Regulations, Title 8, Section 16000 et seq. (“Prevailing Wage Laws”), which require the payment of prevailing wage rates and the performance of other requirements on certain “public works” and “maintenance” projects. Since the work covered by this Agreement involves an applicable “public works” or “maintenance” project, as defined by the Prevailing Wage Laws, and since the total compensation is $1,000 or more, Contractor agrees to fully comply with such Prevailing Wage Laws as set forth in the foregoing statutes and in the Special Provisions of the Contract Documents.
XIV. AUTHORITY TO EXECUTE
The person or persons executing this Agreement on behalf of Contractor warrants and represents he/she/they has/have the authority to execute this Agreement on behalf of his/her/their corporation, partnership, or business entity and warrants and represents that he/she/they has/have the authority to bind Contractor to the performance of its obligations hereunder.
162
XV. ASSIGNMENT; GOVERNING LAW
This Agreement may not be assigned by Contractor, in whole or in part, without the prior written consent of the City. This Agreement and any dispute arising hereunder shall be governed by the law of the state of California.
XVI. NOTICES
Any notices, bills, invoices, or reports required by this Agreement shall be deemed received on (a) the day of delivery if delivered by hand during Contractor’s regular business hours or by facsimile before or during Contractor’s regular business hours; or (b) on the third business day following deposit in the United States mail, postage prepaid, to the addresses set forth below, or to such other addresses as the Parties may, from time to time, designate in writing pursuant to the provisions of this Section.
City Contractor
City of Lynwood _______________________________
Attn: City Engineer Attn: ___________________________ 11750 Alameda Street _______________________________
Lynwood, CA 90262 _______________________________
Fax No. (310) 635-0493 Fax No.________________________
XVII. ATTORNEYS FEES
Should either Party bring any action to protect or enforce its rights under this Agreement or the Contract Documents, the prevailing party in such action shall be entitled to recover, in addition to all other relief, its reasonable attorney’s fees and costs.
XVIII. WARRANTY
All Work shall be warranted by Contractor against defective workmanship and materials for a period of one (1) year form the date the Work is accepted as complete by the Lynwood City Council. The contractor shall replace or repair any such defective work in a manner satisfactory to Engineer, following notice from Engineer specifying the work to be done and the time in which replacement or repair shall be completed. If Contractor fails to make such replacement or repair within the time specified in the notice, the City may perform the needed repairs and Contractor’s sureties shall be liable for the cost thereof.
XIX. ENTIRE AGREEMENT, WAIVER AND MODIFICATION
This Agreement contains the completely final, entire, and exclusive agreement between the Parties with respect to the subject matter hereof, and no waiver, alteration, or modification of any of the provisions hereof or rights to act hereunder shall be binding unless made in writing signed by both Parties. Any attempted modification, amendment, or alteration in violation hereof shall be void.
163
IN WITNESS WHEREOF, each of the Parties hereto has caused the Agreement to be executed in its name on its behalf by a duly authorized officer as of this day and year first above written.
CITY OF LYNWOOD CONTRACTOR
____________________________
LEGAL NAME OF FIRM
By: _____________________________ By:__________________________ Jose Luis Solache Signature of Chairman of Board, Mayor President, or Vice President
Attest:
_____________________________
(Typed/Printed Name)
By: ____________________________ _____________________________ Maria Quiñónez (Title)
City Clerk
By:___________________________
Signature of Secretary, Assistant
Approved as to Form: Secretary, CFO, or Assistant Treasurer
By: ____________________________ ______________________________ Noel Tapia (Typed/Printed Name)
City Attorney
______________________________
(Title)
[NOTARY REQUIRED FOR SIGNATURE(S) OF CONTRACTOR]
164
1.4.2 CONTRACT PERFORMANCE BOND
(CALIFORNIA PUBLIC WORKS)
KNOW ALL MEN BY THESE PRESENTS:
THAT WHEREAS, the City of Lynwood (referred to hereinafter as "City") has entered into an Agreement dated August 6th, 2024 (referred to hereinafter as the “Agreement”) with Courtney Inc. (hereinafter designated as “Contractor” or "Principal"), for construction of,
ROOF REPAIRS AND RESTORATIONS AT LYNWOOD CITY HALL, LYNWOOD COMMUNITY CENTER, AND LYNWOOD SENIOR CENTER PROJECT NOS. 4011.68.033, 4011.68.132 & 4011.68.133 (hereafter referred to as the “Project”).
WHEREAS, the Work to be performed by the Contractor is more particularly set forth in the Agreement for the Project, the terms and conditions of which, including those set forth in the Contract Documents incorporated as component parts the of Agreement, are expressly incorporated herein by this reference; and
WHEREAS, the Contractor is required by the Agreement to perform the terms thereof and to provide a bond both for the performance and guaranty thereof.
NOW, THEREFORE, we, , the undersigned Contractor, as Principal, and , a corporation organized and existing under the laws of the State of , and duly authorized to transact business under the laws of the State of California, as Surety, are held and firmly bound unto City in the penal sum of ONE MILLION FIVE HUNDRED SIXTY SEVEN THOUSAND DOLLARS ($1,567,000), lawful money of the United States, said sum being not less than 100 percent of the total amount payable by the City under the terms of the Agreement, for which payment well and truly to be made, we bind ourselves, our heirs, executors and administrators, successors and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH, that, if the bounden Principal, his/her or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the undertakings, terms, covenants, conditions and agreements set forth in the Agreement and any alteration thereof made as therein provided, on his/her or its part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their intent and meaning; and shall faithfully fulfill the one-year guarantee of all materials and workmanship; and indemnify and save harmless the City, its officers, officials, employees, authorized agents and volunteers, as stipulated in the Agreement, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect. In the event suit is brought on this bond, said Surety will pay to City a reasonable attorney's fee to be fixed by the Court. 165
As a condition precedent to the satisfactory completion of the Agreement, unless otherwise provided for in the Agreement, the above obligation shall hold good for a period of one (1) year after the acceptance of the Work by City, during which time if Contractor shall fail to make full, complete, and satisfactory repair and replacements and totally protect the City from loss or damage resulting from or caused by defective materials or faulty workmanship.
The obligations of Surety hereunder shall continue so long as any obligation of Contractor remains. Nothing herein shall limit the City’s rights or the Contractor or Surety’s obligations under the Contract, law or equity, including, but not limited to, California Code of Civil Procedure section 337.15.
Whenever Contractor shall be, and is declared by the City to be, in default under the Agreement, the Surety shall remedy the default pursuant to the Agreement, or shall promptly, at the City’s option:
(1) Take over and complete the Project in accordance with all terms and conditions in the Agreement; or
(2) Obtain a bid or bids for completing the Project in accordance with all terms and conditions in the Contract Documents and upon determination by Surety of the lowest responsive and responsible bidder, arrange for a Contract between such bidder, the Surety and the City, and make available as Work progresses sufficient funds to pay the cost of completion of the Project, less the balance of the contract price, including other costs and damages for which Surety may be liable. The term “balance of the contract price” as used in this paragraph shall mean the total amount payable to Contractor by the City under the Agreement and any modification thereto, less any amount previously paid by the City to the Contractor and any other set offs pursuant to the Contract Documents.
(3) Permit the City to complete the Project in any manner consistent with California law and make available as Work progresses sufficient funds to pay the cost of completion of the Project, less the balance of the contract price, including other costs and damages for which Surety may be liable. The term “balance of the contract price” as used in this paragraph shall mean the total amount payable to Contractor by the City under the Agreement and any modification thereto, less any amount previously paid by the City to the Contractor and any other set offs pursuant to the Contract Documents. Surety expressly agrees that the City may reject any contractor or subcontractor which may be proposed by Surety in fulfillment of its obligations in the event of default by the Contractor.
The said Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the Agreement, or to the Project or to the Work to be performed thereunder, or the Specifications accompanying the same, shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement, or to the Project, or to the Work or to the Specifications. Said Surety also hereby waives the provisions of sections 2819 and 2845 of the California Civil Code.
166
No final settlement between the City and the Contractor shall abridge the right of any beneficiary hereunder, whose claim may be unsatisfied.
IN WITNESS WHEREOF, the above-bounden parties have executed this instrument this _____ day of _______________, ________, the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body.
PRINCIPAL:
(seal)
_______________________________
By ____________________________
SURETY:
(seal)
_______________________________
By ____________________________
Attorney-in-Fact
The rate of premium on this bond is ____ per thousand. The total amount of premium charged, $_______________. (These blanks must be filled in by corporate surety.)
IMPORTANT: Surety companies executing Bonds must possess a certificate of authority from the California Insurance Commissioner authorizing them to write surety insurance defined in Section 105 of the California Insurance Code, and if the Work or Project is financed, in whole or in part, with federal grant or loan funds, must also appear on the Treasury Department's most current list (Circular 570 as amended). Notary acknowledgements for Principal and Surety signatures and Power of Attorney for Surety must be attached. THIS IS A REQUIRED FORM.
Any claims under this bond may be addressed to:
(Name and Address of Surety) (Name and Address of Agent/Representative in California if different)
__________________________________ ___________________________________________________ _________________________________ ___________________________________________________ (Telephone Number of Surety/Agent ___________________________________________________ Or Representative in California
167
STATE OF CALIFORNIA )
) ss.
COUNTY OF _______________ )
On this _____ day of _______________, in the year _____, before me, __________________________, a Notary Public in and for said state, personally appeared , known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument as the Attorney-in-Fact of the (Surety) and acknowledged to me that he/she subscribed the name of the
(Surety) thereto and his/her own name as Attorney-in-Fact.
_____________________________________
Signature of Notary Public in and for said State
(SEAL)
My commission expires on: _____________
NOTE: A copy of the power of attorney to local representatives of the bonding company must be attached hereto.
CERTIFICATE AS TO CORPORATE PRINCIPAL
I, _______________________________________, certify that I am the ________________________________ Secretary of the corporation named as Principal to the within bond; that _________________ _________________________ who signed the said bond on behalf of the principal was then ___________________________ of said corporation; that I know his/her signature, and his/her signature thereto is genuine; and that said bond was duly signed, sealed and attested for and in behalf of said Corporation by authority of its governing board.
_______________________________
Signature of Corporate Principal
168
1.4.3 CONTRACT PAYMENT BOND
(CALIFORNIA PUBLIC WORKS)
KNOW ALL MEN BY THESE PRESENTS:
THAT WHEREAS, the City of Lynwood, (referred to hereinafter as "City") has entered into an agreement dated August 6th, 2024 (referred to hereinafter as the “Agreement”) with Courtney Inc. (hereinafter designated as the "Contractor" or “Principal”), for ROOF
REPAIRS AND RESTORATIONS AT LYNWOOD CITY HALL, LYNWOOD
COMMUNITY CENTER, AND LYNWOOD SENIOR CENTER PROJECT NOS. 4011.68.033, 4011.68.132 & 4011.68.133.
WHEREAS, Contractor is required to furnish a bond in connection with the Agreement, and pursuant to Section 3247 of the California Civil Code.
NOW, THEREFORE, we, , the undersigned Contractor, as Principal, and , a corporation organized and existing under the laws of the State of , and duly authorized to transact business under the laws of the State of California, as Surety, are held and firmly bound unto City and to any and all persons, companies or corporations entitled to file stop notices under Section 3181 of the California Civil Code, in the penal sum of ONE MILLION FIVE HUNDRED SIXTY SEVEN THOUSAND DOLLARS ($1,567,000), lawful money of the United States, said sum being not less than 100 percent of the total amount payable by City under the terms of the Agreement, for which payment well and truly to be made, we bind ourselves, our heirs, executors and administrators, successors and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH, that, if said Contractor, his/her or its heirs, executors, administrators, successors or assigns, or subcontractors, shall fail to pay for any materials, provisions, provender or other supplies, items, implements or machinery used in, upon, for or about the performance of the Work required by the Agreement; or fails to pay (1) any of the persons named in Civil Code Section 3181, (2) amounts due under the Unemployment Insurance Code with respect to work or labor performed under the Agreement, or (3) for any amounts required to be deducted, withheld, and paid over to the Employment Development Department from the wages of employees of the Contractor and subcontractors pursuant to Section 13020 of the Unemployment Insurance Code with respect to the work and labor provided pursuant to the Agreement, said Surety will pay for the same in an amount not exceeding the sum specified in this bond, otherwise the above obligation shall be void. In the event suit is brought upon this bond, said Surety will pay to City a reasonable attorney's fee to be fixed by the Court. In addition to the provisions hereinabove, it is agreed that this bond will inure to the benefit of any and all persons, companies and corporations entitled to serve stop notices under Section 3181 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.
The Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the Agreement or to the Work to be performed thereunder or the Specifications accompanying the same; shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement or to the Work or 169
to the Specifications. Said Surety also hereby waives the provisions of sections 2819 and 2845 of the California Civil Code.
No final settlement between the City and the Contractor hereunder shall abridge the right of any beneficiary hereunder, whose claim may be unsatisfied.
IN WITNESS WHEREOF, the above-bounded parties have executed this instrument this _____ day of ____________, _____, the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body.
PRINCIPAL:
(seal)
_______________________________
By _____________________________
SURETY:
(seal)
_______________________________
By _____________________________
Attorney-in-Fact
IMPORTANT: Surety companies executing Bonds must possess a certificate of authority from the California Insurance Commissioner authorizing them to write surety insurance defined in Section 105 of the California Insurance Code, and if the Work or Project is financed, in whole or in part, with federal grant or loan funds, must also appear on the Treasury Department's most current list (Circular 570 as amended). Notary acknowledgements for Principal and Surety signatures and Power of Attorney for Surety must be attached. THIS IS A REQUIRED FORM.
Any claims under this bond may be addressed to:
(Name and Address of Surety) (Name and Address of Agent/Representative in California if different) ________________________________ ___________________________________________________________ ___________________________________ ___________________________________________________________________ __________________________________ _________________________________________________________________ (Telephone Number of Surety/Agent _________________________________________________________________ or Representative in California)
170
STATE OF CALIFORNIA )
) ss.
COUNTY OF _______________ )
On this _____ day of _______________, in the year _____, before me, __________________________, a Notary Public in and for said state, personally appeared , known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument as the Attorney-in-Fact of the (Surety) and acknowledged to me that he/she subscribed the name of the
(Surety) thereto and his/her own name as Attorney-in-Fact.
_____________________________________
Signature of Notary Public in and for said State
(SEAL)
My commission expires on: _____________
NOTE: A copy of the power of attorney to local representatives of the bonding company must be attached hereto.
CERTIFICATE AS TO CORPORATE PRINCIPAL
I, _______________________________________, certify that I am the ________________________________ Secretary of the corporation named as Principal to the within bond; that _________________ _________________________ who signed the said bond on behalf of the principal was then ___________________________ of said corporation; that I know his/her signature, and his/her signature thereto is genuine; and that said bond was duly signed, sealed and attested for and in behalf of said Corporation by authority of its governing board.
_______________________________
Signature of Corporate Principal
171
(CORPORATE SEAL)
1.4.4 CERTIFICATES / PROOF OF INSURANCE
AND ENDORSEMENTS
The Contractor shall not commence any of the Work or begin any performance under the Agreement until he/she obtains, at his/her own and sole cost and expense, all required insurance as stipulated by the City. The required insurance shall be provided by the Contractor in conformance with the requirements of Subsection 2.7.2 of the Special Provisions and may include the following:
Workers' Compensation Insurance
Commercial General Liability and Business Automobile Liability Insurance Course of Construction or Builder’s Risk Insurance
Flood Insurance
The insurance company or companies utilized by the Contractor shall be authorized and admitted to transact business in the State of California and to issue policies in the amounts required pursuant to the provisions of Subsection 2.7.2 of the Special Provisions. All insurance required shall be placed with insurers with a current A.M. Best's rating of no less than A:VII, and shall contain the endorsements specified in Subsection
2.7.2. Within ten (10) calendar days after receipt of the Notice of Award, Contractor shall furnish to the City for approval as to sufficiency and form, certificates of insurance and original endorsements evidencing the required coverage set forth in Subsection 2.7.2 of the Special Provisions. Endorsements and certificates are to be signed by a person authorized by the insurer to bind coverage on the insurer’s behalf. If the insurance called for is provided by more than one company, a separate certificate and the required endorsements shall be provided by each company.
City reserves the right to request complete, certified copies of all required insurance policies and endorsements at any time.
Failure to provide City with the required insurance coverage, proof of insurance and/or endorsements within ten (10) calendar days of receipt of the Notice of Award, may result in withdrawal of award and forfeiture of the Bidder's Bid Security.
172
ADDENDUM
By executing this Addendum, Contractor acknowledges and agrees that the work performed pursuant to the above referenced Agreement is subjected to all applicable provisions.
Payment of Minimum Compensation to Employees. Contractor shall be obligated to pay not less than the General Prevailing Wages Rate as required by applicable law.
A. Prevailing Wage Requirements. California Labor Code requires the payment of not less than the general prevailing rate of per diem wages and rates for holiday and overtime and adherence to all labor standards and regulations. The General Prevailing Wages Rates may be adjusted throughout the term of this Agreement.
Notwithstanding any other provision of this Agreement, Contractor shall not be entitled to any adjustment in compensation rates in the event there are adjustments to the General Prevailing Wages Rates.
B. Reports. Contractor shall not perform on site work on this contract until labor compliance documents are filed. Contractor agrees to cooperate with the City to fulfill its notifications requirement to the DIR, as required by DIR’s PWC-100 form or any other required form, and Contractor agrees to provide to the City the information required by the DIR, as generally set forth in Labor Code Section 1773.3. By signing this form, Contractor, and all of its subcontractors, represents that it has registered with the Department of Industrial Relations pursuant to Labor Code section 1725.5 [with limited exceptions under Labor Code section 1771.1(a)] and paid the annual fee due to the DIR, unless the Contractor meets an exception recognized by the DIR or by the law.
C. Furnishing of Electronic Certified Payroll Records to Labor Commissioner.
Contractor and subcontractor agree to furnish the required electronic certified payroll records directly to the Labor Commissioner (aka Division of Labor Standards Enforcement), in the manner and under the time frame required by law.
D. Audit Rights. All records or documents required to be kept pursuant to this Agreement to verify compliance with the Wage Requirement shall be made available for audit at no cost to City, at any time during regular business hours, upon written request by the City Attorney, City Auditor, City Manager, or a designated representative of any of these officers. Copies of such records or documents shall be provided to City for audit at City Hall when it is practical to do so. Otherwise, unless an alternative is mutually agreed upon, the records or documents shall be available at CONTRACTOR’s address indicated for receipt of notices in this Contract.
173
E. Enforcement.
1. General. CONTRACTOR acknowledges it has read and understands that, pursuant to the terms and conditions of this Agreement, it is required to comply with the Wage Requirement and to submit certain documentation to the City establishing its compliance with such requirement. (“Documentation Provision.”) CONTRACTOR further acknowledges the City has determined that the Wage Requirement promotes each of the following (collectively “Goals”):
a. It protects public job opportunities and stimulates the City’s economy by reducing the incentive to recruit and pay a substandard wage to labor from distant, cheap-labor areas.
b. It benefits the public through the superior efficiency of well-paid employees.
c. It increases competition by promoting a more level playing field among contractors with regard to the wages paid to workers.
2. CONTRACTOS’s Breach of Prevailing Wage/Living Wage Provisions.
WITHOLDING OF PAYMENT: CONTRACTOR agrees that the
Documentation Provision is critical to the City’s ability to monitor CONTRACTOR’s compliance with the City’s public wage obligations.
CONTRACTORS further agrees its breach of the Documentation Provision or general public wage obligations results in the need for additional enforcement action to verify compliance with this Addendum. In light of the critical importance of the Documentation Provision, the City and CONTRACTOR agree that CONTRACTOR’s compliance with this Addendum is an express condition of City’s obligation to make each payment due to the CONTRACTOR pursuant to this Agreement. THE CITY IS NOT OBLIGATED
TO MAKE ANY PAYMENT DUE THE CONTRACTOR UNTIL
CONTRACTOR HAS PERFORMED ALL OF ITS OBLIGATIONS UNDER
THESE PROVISIONS. THIS PROVISION MEANS THAT CITY CAN
WITHOLD ALL OR PART OF A PAYMENT TO CONTRACTOR UNTIL ALL REQUIRED DOCUMENTATION IS SUBMITTED. Any payment by the City despite CONTRACTOR’s failure to fully perform its obligations under these provisions shall not be deemed to be a waiver of any other term or condition contained in this Agreement or a waiver of the right to withhold payment for any subsequent breach of this Documentation Provision or public wage obligations of the Contractor and the City.
174
RESOLUTION NO. XXXX-XXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AWARDING A CONTRACT TO COURTNEY INC. FOR THE ROOF
RESTORATION AND REPLACEMENT AT LYNWOOD CITY HALL,
LYNWOOD COMMUNITY CENTER AND LYNWOOD SENIOR CENTER
(PROJECT NOS. 4011.68.033, 4011.68.132 & 4011.68.133);
AUTHORIZING THE CITY MANAGER TO APPROVE AGREEMENT
AMENDMENTS RELATED TO THE PROJECT AND AUTHORIZING
THE MAYOR TO EXECUTE THE AGREEMENT
WHEREAS, the City has budgeted for the roof restoration and replacement at Lynwood City Hall (11330 Bullis Road), Lynwood Community Center (11301 Bullis Road), and Lynwood Senior Center (11329 Ernestine Avenue); and WHEREAS, staff evaluated the existing conditions of the three (3) roofs and created a Request for Proposals (RFP); and
WHEREAS, the RFP consist of providing design-build services for restoration and replacement of the three roofs; and
WHEREAS, on June 26, 2024, staff uploaded the RFP to the City Website (Planetbids); and
WHEREAS, on July 25, 2024, the proposal opening took place and staff received the following four (4) proposals:
Proposal Proposal Amount
Courtney Inc. $1,567,000
Best Contracting Services, Inc. $1,693,425
Danny Letner Inc. $1,702,000
AME Builders Inc. $1,811,000
; and
WHEREAS, an analysis of the proposers was conducted, including a review of their cost estimates, license, references, and required documents. Courtney Inc. was the selected entity for the project with a proposal amount of $1,567,000.00; and WHEREAS, the City received a proposal from on call engineering consultant Transtech Engineers Inc. in the amount of $68,524 for Construction Management and Inspection services; and
WHEREAS, the estimated project cost is $1,950,000; and
WHEREAS, the City’s FY 25 CIP budget includes $1,990,000 from 2020 Lease Revenue Bonds and Prop A; and
175
WHEREAS, no additional funding is 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 of the City of Lynwood hereby finds that the above recitals are true and correct and incorporates them herein by this reference.
Section 2. The City Council of the City of Lynwood authorizes the Mayor to execute the agreement between the City of Lynwood and Courtney Inc. in a form approved by the City Attorney in the amount of $1,567,000.00.
Section 3. The City Council of the City of Lynwood authorizes the City Manager under LMC 6-3.14(d) to exceed the specific dollar amounts or percentage limitations under LMC 6-3.14(a) and authorizes the City Manager to approve consultant, vendor agreements, modifications, change orders, or agreement amendments related to the Project up to the available Project Budget.
Section 4. Staff recommends City Council approve on-call engineering service provider Transtech Engineers Inc.’s proposal for Construction Management and Inspection services for the Project. Per LMC 6-3-15, the City Council authorizes the contract amount of $68,524.
Section 5. Authorize the Mayor to execute the Resolution for and on behalf of the City of Lynwood.
Section 6. The City Clerk shall attest and certify to the passage and adoption of this Resolution and enter it into the book of original resolutions, and it shall become effective immediately upon its approval.
See signatures on next page
176
PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council of the City of Lynwood, California, this 6th day of August 2024. ________________________________
José Luis Solache, Mayor
ATTEST:
________________________________
Maria Quiñonez,
City Clerk
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
________________________________ ________________________________ Noel Tapia, Julian Lee,
City Attorney Interim City Manager
STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, Maria Quiñonez, 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 6th day of August 2024.
AYES:
NOES:
ABSENT:
ABSTAIN:
177
_______________________ Date: ______________________ Maria Quiñonez,
City Clerk
STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, Maria Qui ňonez, 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. 2024.000 on file in my office and that said Resolution was adopted on the date and by the vote therein stated dated this 6th day of August 2024.
_______________________ Date: ______________________
Maria Quiñonez,
City Clerk
178
AGENDA STAFF REPORT
DATE:
August
6, 2024
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Julian Lee, Interim City Manager
PREPARED BY:
Pamela Torres, Senior Management Analyst
SUBJECT:
AUTHORIZATION FOR CITY MANAGER TO USE CIP PROJECT NO.
(4011.68.130) FOR EMERGENCY STREET REPAIRS AND
AUTHORIZATION FOR CITY MANAGER TO EXECUTE AGREEMENTS
UP TO $90,000 FOR EMERGENCY REPAIRS
Agenda Item # 9.4.
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
CITY MANAGER TO EXECUTE AGREEMENTS & AGREEMENT AMENDMENTS FOR EMERGENCY STREET REPAIRS IN AN AMOUNT NOT TO EXCEED $90,000 USING FUNDS FROM CIP PROJECT NO. 4011.68.130.”
Background:
As part of the City’s day to day operations, Staff requires the assistance from contractors to perform repairs throughout the City. Staff has received multiple requests for street repairs that have been deemed as urgent. Due to the existing conditions of the streets, temporary repairs will not work and segments of asphalt will need to be removed and replaced. Staff will not be able to perform asphalt restorations and will require the assistance from a contractor.
Discussion and Analysis:
As part of the City’s purchasing policy, the City Manager has signature authority of up to $50,000 for any contract/agreement. Due to the urgency of these repairs, Staff is requesting the City Council to authorize the City Manager to have signature authority of up to $90,000 for any contracts/agreements for emergency repairs. This amount is based on staff’s estimated cost for a contractor to perform street repairs. Staff is also requesting that the City Council authorize the City Manager to use funding from CIP project no. 4011.68.130 Annual Sidewalk Improvement Fiscal Year (FY) 24 in an amount up to $90,000 to perform a one-time emergency repairs located citywide. The “Annual Sidewalk Improvement FY 24” project will City Council City Council Regular Meeting 179
Resolution - Lynwood City Manager Spending Authority Emergency Repairs.doc continue under a new project name known as “Annual Sidewalk Improvement FY 25” and a new project number/funding source has been approved as part of the approved FY 24-25 budget. Any remaining funding from Project No. 4011.68.130 will be used as part of the “Annual Sidewalk Improvement FY 25” project.
With City Council’s authorization, Staff will be able to make the repairs that will keep the City streets in good condition.
Fiscal Impact:
The City’s budget for this project is $90,000 from Measure M funds. Funding will be used from CIP project no 4011.68.130 “Annual Street Improvement FY24”. No additional funding is needed.
Coordinated With:
City Manager’s Office
Department of Finance and Administration Services
ATTACHMENTS:
Description
City Council City Council Regular Meeting 180
RESOLUTION NO. XXXX-XXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD
AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENTS &
AGREEMENT AMENDMENTS FOR EMERGENCY REPAIRS IN AN
AMOUNT NOT TO EXCEED $90,000 USING FUNDS FROM CIP
PROJECT NO. 4011.68.130
WHEREAS, the City has received multiple request for street repairs throughout the City that have been deemed as urgent; and
WHEREAS, the existing conditions of the streets will require asphalt restoration; and
WHEREAS, Staff will require the assistance from a contractor to perform the repairs; and
WHEREAS, the estimated cost for these repairs is approximately $90,000; and WHEREAS, due to the urgency of these repairs, Staff is requesting City Council to authorize the City Manager to use funding from CIP project no. 4011.68.130 to perform the repairs; and
WHEREAS, Staff is also requesting City Council to authorize the City Manager to have signature authority on agreements and agreement amendments with a not to exceed amount of $90,000 for the emergency repairs located citywide; and WHEREAS, with City Council’s approval, staff will be able to award a contractor to perform the repairs as soon as possible; and
WHEREAS, the CIP project no. 4011.68.130 remaining funding will be used as part of the “Annual Sidewalk Improvement Project FY 25”; and WHEREAS, no additional funding is 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 of the City of Lynwood hereby finds that the above recitals are true and correct and incorporates them herein by this reference.
Section 2. The City Council of the City of Lynwood authorizes the City Manager to execute any agreements for a combined amount not to exceed $90,000.00 for emergency repairs.
Section 3. The City Council authorizes the use of funds from Project No. 4011.68.130 for emergency repairs.
181
Section 4. Authorize the Mayor to execute the Resolution for and on behalf of the City of Lynwood.
Section 5. The City Clerk shall attest and certify to the passage and adoption of this Resolution and enter it into the book of original resolutions, and it shall become effective immediately upon its approval.
See signatures on next page
182
PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council of the City of Lynwood, California, this 6th day of August 2024. ________________________________
José Luis Solache, Mayor
ATTEST:
________________________________
Maria Quiñonez,
City Clerk
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
________________________________ ________________________________ Noel Tapia, Julian Lee,
City Attorney Interim City Manager
STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, Maria Quiñonez, 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 6th day of August 2024.
AYES:
NOES:
ABSENT:
ABSTAIN:
183
_______________________ Date: ______________________ Maria Quiñonez,
City Clerk
STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, Maria Quiñonez, 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. 2024.000 on file in my office and that said Resolution was adopted on the date and by the vote therein stated dated this 6th day of August 2024.
_______________________ Date: ______________________
Maria Quiñonez,
City Clerk
184
AGENDA STAFF REPORT
DATE:
August
6, 2024
TO:
Honorable Mayor and Members of the City Council
APPROVED BY:
Julian Lee, Interim City Manager
PREPARED BY:
Pamela Torres, Senior Management Analyst
SUBJECT:
BUDGET AMENDMENT TO APPROPRIATE FUNDS TO
EQUIPMENT/MACHINERY/VEHICLE MAINTENANCE AND VEHICLE
REPLACEMENT FUNDS FOR VEHICLE REPLACEMENT,
MAINTENANCE, AND FUEL CHARGES
Agenda Item # 9.5.
Recommendation:
Staff recommends that the City Council adopt the attached resolution entitled: “A
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, APPROPIATING
FUNDS FROM THE UNAPPROPRIATED EQUIP/MACH/VEH MAINTENANCE FUND AND
UNAPPROPRIATED EQUIP/MACH/VEH REPLACEMENT FUND IN THE AMOUNT OF $424,400 AND $1,014,160, RESPECTIVELY, TO COVER ANTICIPATED EXPENSES DURING FISCAL YEAR 2024/2025.”
Background:
On June 20, 2023, City Council adopted the Fiscal Year (FY) 2023-25 Biennial budget. As part of the budget process the FY 24-25 budget is reviewed and revised as needed. The revised budget was adopted by City Council on June 26, 2024, however during the revision, funds from the Equip/Mach/Veh Maintenance fund and Equip/Mach/Veh Replacement funds were inadvertently removed.
Discussion and Analysis:
The Equip/Mach/Veh Maintenance fund is used to make any necessary repairs and fuel City City Council City Council Regular Meeting 185
08-06-24 - Garage Fund budget Amendments (Resolution) - PWD.docx fleet vehicles. The Equip/Mach/Veh Replacement fund is used to replace vehicles that are no longer working and cannot be repaired. Funds are vital to ensure continued operations throughout the City. Staff is requesting an appropriation from the Unappropriated Equip/Mach/Veh Maintenance Fund and Unappropriated Equip/Mach/Veh Replacement Fund in the amount of $424,400 and $1,014,160, respectively, to cover anticipated expenses that were inadvertently not included in the FY 2024-25 revised adopted operating budget.
APPROPRIATION
Fund
Dept
Div
Object
Description
Amount
7011
71 771
62025
Advertising & printing
$1,400.00
7011
71 771
63025
Repairs/maint-bldg. &
equip
$158,500.00
7011
71 771
64399
Other fees for services
$30,000.00
7011
71 771
65010
Fuel
$220,000.00
7011
71 771
65020
Operating Supplies
$4,000.00
7011
71 771
65045
Fleet service parts
$10,500.00
7011
Budgetary Fund Balance
($424,400.00)
APPROPRIATION
Fund
Dept
Div
Object
Description
Amount
7071
71 772
66020
Vehicles
$1,014,160.00
7071
Budgetary Fund Balance
($1,014,160.00)
Fiscal Impact:
There is no fiscal impact to the General Fund.
Coordinated With:
City Manager’s Office
Department of Finance and Administration Services
ATTACHMENTS:
Description
City Council City Council Regular Meeting 186
RESOLUTION NO. XXXX-XXX
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD,
APPROPIATING FUNDS FROM THE UNAPPROPRIATED
EQUIP/MACH/VEH MAINTENANCE FUND AND UNAPPROPRIATED
EQUIP/MACH/VEH REPLACEMENT FUND IN THE AMOUNT OF
$424,400 AND $1,014,160, RESPECTIVELY, TO COVER ANTICIPATED EXPENSES DURING FISCAL YEAR 2024/2025
WHEREAS, on June 20, 2023, City Council adopted the Fiscal Year (FY) 2023-25 Biennial budget, and;
WHEREAS, as part of the budget process the FY 24-25 budget was reviewed and revised as needed and on June 26, 2024 City Council adopted the revised budget, and; WHEREAS, during the revision, funds from the Equip/Mach/Veh Maintenance fund and Equip/Mach/Veh Replacement funds were inadvertently removed; and WHEREAS, the Equip/Mach/Veh Maintenance and Equip/Mach/Veh Replacement funds are used to make any necessary repairs, fuel City fleet vehicles and replace obsolete vehicles, and;
WHEREAS, Staff is requesting an appropriation from the Unappropriated Equip/Mach/Veh Maintenance Fund and Unappropriated Equip/Mach/Veh Replacement Fund in the amount of $424,400 and $1,014,160, respectively, to cover anticipated expenses.
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 approves the appropriation from the Unappropriated Equip/Mach/Veh Maintenance Fund and Unappropriated Equip/Mach/Veh Replacement Fund in the amount of $424,400 and $1,014,160, respectively.
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.
187
PASSED, APPROVED, AND ADOPTED at a regular meeting of the City Council of the City of Lynwood, California, this 6th day of August 2024. ________________________________
José Luis Solache, Mayor
ATTEST:
________________________________
Maria Quiñonez,
City Clerk
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
________________________________ ________________________________ Noel Tapia, Julian Lee,
City Attorney Interim City Manager
188
STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, Maria Quiňonez, 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 6th day of August 2024.
AYES:
NOES:
ABSENT:
ABSTAIN:
_______________________ Date: ______________________ Maria Quiňonez,
City Clerk
STATE OF CALIFORNIA )
) §
COUNTY OF LOS ANGELES )
I, Maria Qui ňonez, 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 6th day of August 2024.
_______________________ Date: ______________________
Maria Quiňonez,
City Clerk
189