Lynwood City Council
November 5, 2024

1. CALL TO ORDER

2. CERTIFICATION OF AGENDA POSTING BY CITY CLERK

3. ROLL CALL OF COUNCIL MEMBERS

4. PLEDGE OF ALLEGIANCE

5. INVOCATION
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
November
5, 2024
COUNCIL CHAMBERS - 11350 BULLIS ROAD. LYNWOOD, CA 90262 Duly Posted on 10/31/24 By MQ
6:00 PM

November Kid Mayor
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. CONSENT CALENDAR

8.1 APPROVAL OF THE WARRANT REGISTER

8.2 TREASURER'S QUARTERLY REPORT
Update on Law Enforcement Issues
City Council Members Reporting on Meetings Attended (Gov. Code Section 53232.3 (D)).

City Video(s)
Key to the City - Olympian Kyree King
Lynwood Successor Agency
Lynwood Public Financing Authority

PUBLIC ORAL COMMUNICATIONS

(Regarding Agenda Items Only)

NON-AGENDA PUBLIC ORAL COMMUNICATIONS

THIS PORTION PROVIDES AN OPPORTUNITY FOR THE PUBLIC TO ADDRESS THE

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

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

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

ALL MATTERS LISTED UNDER THE CONSENT CALENDAR WILL BE ACTED UPON BY ONE MOTION AFFIRMING THE ACTION RECOMMENDED ON THE AGENDA. THERE

WILL BE NO SEPARATE DISCUSSION ON THESE ITEMS PRIOR TO VOTING UNLESS

MEMBERS OF THE COUNCIL OR STAFF REQUEST SPECIFIC ITEMS TO BE REMOVED FROM THE CONSENT CALENDAR FOR SEPARATE ACTION.

Comments:

City of Lynwood warrant register dated November 05, 2024 for FY 2024-2025. (FIN) Recommendation:

Staff respectfully recommends that the City Council of the City of Lynwood approve the warrant register dated November 05, 2024 for FY 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 the City of Lynwood receive and file the Quarterly Investment Report highlighting the investment activity for the 1st quarter ending September 30, 2024.

City Council Regular Meeting 2

8.3 FIRST QUARTER FINANCIAL REPORT, FISCAL YEAR 2024-25

8.4 SECOND AMENDMENT TO THE SECURITY SERVICES AGREEMENT

8.5 ACCEPTANCE AND

APPROVAL OF THE PROPOSITION A DISCRETIONARY

INCENTIVE GRANT PROGRAM MEMORANDUM OF UNDERSTANDING FOR

COLLECTING AND REPORTING DATA FOR THE NATIONAL TRANSIT DATABASE FOR REPORT YEAR 2022

Comments:

The Finance & Administration Department has prepared the attached quarterly financial status report for the City of Lynwood's General Fund. The quarterly report provides a brief overview of the City finances as it pertains to the General Fund for quarter ending September 30, 2024. A brief explanation is included along with Revenue and Expenditures actual activity. (FIN)
Recommendation:

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

Comments:

The City is in need of continuing uninterrupted professional security patrol services to the City’s parks and public facilities. The current security services agreement expires on November 17, 2024. Unexpected delays in developing the new security services Request for Proposal (RFP), along with a large number of proposal responses received, have pushed the decision process for selecting the new provider past the expiration of the current security services agreement. Staff is requesting approval of a short-term extension to allow for enough time to properly analyze the received proposals, make a recommendation to the City Council and then transition into the next selected provider. (REC)
Recommendation:

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

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AUTHORIZING

THE MAYOR OR DESIGNEE TO EXECUTE, IN A FORM SATISFACTORY TO THE

CITY ATTORNEY, THE SECOND AMENDMENT TO THE SECURITY SERVICES

AGREEMENT WITH PROFESSIONAL SECURITY CONSULTANTS EXTENDING THE AGREEMENT THROUGH JANUARY 31, 2025”.

Comments:

The City of Lynwood has entered into a Memorandum of Understanding (MOU) with the Los Angeles County Metropolitan Transportation Authority (LACMTA) for the Proposition A Discretionary Incentive Grant Program. This agreement focuses on funding the reporting of vehicle miles traveled, enhancing data collection and supporting better transportation planning. As part of LACMTA's Fiscal Year 2023-24 allocations, funds will be distributed to cities that voluntarily reported data to the National Transit Database City Council Regular Meeting 3

8.6 AWARD OF CONTRACT TO ACE ELECTRIC INC. FOR THE LYNWOOD CITY PARK BASEBALL FIELD LIGHTING PROJECT CIP NO. 3533.68.148

8.7 FOURTH AMENDMENT TO A PROFESSIONAL SERVICE AGREEMENT WITH

RAMBOLL FOR THE CONTINUED ADVISORY AND IMPLEMENTATION SERVICES INCLUDING COMPLETION OF A REMEDIAL ACTION PLAN ("RAP") AND

REMEDIATOIIN OF ENVIRONMENTALLY IMPACTED AREAS AT AND AROUND 11600 LONG BEACH BOULEVARD BASED ON THE AWARD OF THE DTSC-ECRG GRANT
(NTD) for FY 2021-22. Having successfully submitted its data and met all NTD and Federal Transit Administration (FTA) requirements, Lynwood is set to invoice LACMTA for $103,345 in Federal funds. (PW)
Recommendation:

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

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD ACCEPTING

AND APPROVING THE PROPOSITION A DISCRETIONARY INCENTIVE GRANT

PROGRAM MEMORANDUM OF UNDERSTANDING FOR COLLECTING AND

REPORTING DATA FOR THE NATIONAL TRANSIT DATABASE FOR REPORT YEAR 2022”

Comments:

The City of Lynwood aims to create a clean, safe, and vibrant community that provides access to outstanding social, cultural, recreational, educational, and economic opportunities. Lynwood City Park, located within the city, features three baseball fields and an open space area. The field referenced in this project is located on the park's west side. The Request for Proposals (RFP) sought proposals from qualified contractors to repair and retrofit 20 existing light poles around the baseball field and install two (2) new light poles on the baseball field’s southeast side. After reviewing the submitted proposals, staff is recommending the award of the Lynwood City Park Baseball Field Lighting Project to Ace Electric Inc. in the amount of $1,075,600. (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 ACE ELECTRIC INC. FOR THE LYNWOOD CITY PARK BASEBALL FIELD LIGHTING PROJECT CIP NO. 3533.68.148; AUTHORIZING THE CITY

MANAGER TO APPROVE AGREEMENT AMENDMENTS RELATED TO THE PROJECT AND AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENT”

City Council Regular Meeting 4

9. CITY COUNCIL ORAL AND WRITTEN COMMUNICATION

10. STAFF ORAL COMMENTS
Comments:

The City entered into a Development Agreement with Lynwood Springs LLC in July 2022 to redevelop the Site and several nearby properties. The redevelopment of site is being completed in a manner consistent with the Lynwood Transit Area Specific Plan (LTASP) as the remediation of the subject site is crucial to future development of Lynwood and properties with the LTASP in general.

The proposed Scope of Work for this Fourth Amendment would allow for not only satisfaction of the RWQCB and DTSC objectives, but also the City’s hopes for a long- awaited market. Remediation and development of the market will contribute to expedite the redevelopment of these properties located within the Lynwood’s Transit Area Specific Plan district. (CD)
Recommendation:

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

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD, COUNTY OF

LOS ANGELES, STATE OF CALIFORNIA AUTHORIZING THE FOURTH AMENDMENT

TO A PROFESSIONAL SERVICE AGREEMENT WITH RAMBOLL TO EXTEND THE

TERM OF THE AGREEMENT AND INCREASE THE ALLOCATION TO A NOT TO EXCEED AMOUNT OF $193,257.53 FOR ENVIRONMENTAL SERVICES RELATED TO

THE SCOPE OF WORK OUTLINED IN THE DEPARTMENT OF TOXIC SUBSTANCE CONTROL – EQUITABLE COMMUNITY REVITALIZATION GRANT (DTSC-ECRG) AT PROPERTY LOCATED AT AND AROUND 11600 LONG BEACH BOULEVARD BASED ON THE AWARD AND CONTRACT OF THE DTSC-ECRG GRANT; AND, ALLOCATE AN APPROPRIATION FROM THE 11600 LONG BEACH DTSC-ECRG ACCOUNT TO COVER COST OF SAID PROFESSIONAL SERVICE AGREEMENT.”

ADJOURNMENT

THE NEXT REGULAR MEETING WILL BE HELD ON NOVEMBER 19, 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:

November
5, 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
Mohammad Islam, Accounting Technician
SUBJECT:

APPROVAL OF THE WARRANT REGISTER
11-05-2024-CC - WARRANT
RESOLUTION TEMPLATE-2024.pdf
WARRANT RUN 11-5-2024-CC.pdf
Agenda Item # 8.1.

Recommendation:

Staff respectfully recommends that the City Council of the City of Lynwood approve the warrant register dated November 05, 2024 for FY 2024-2025 Background:

N/A
Discussion and Analysis:

N/A
Fiscal Impact:

FY 2024-25
Coordinated With:

City Manager's Office
City Attorney's Office
ATTACHMENTS:

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

Warrant Registers Dated 11-05-2024

PASSED, APPROVED and ADOPTED this 5th day of November 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

7 STATE OF CALIFORNIA )
) §

COUNTY OF LOS ANGELES )

I, Maria Quinonez, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a meeting held on the 5th day of November 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 5th day of November 2024.

__________________________ Date: _________________________ Maria Quiňonez,
City Clerk

8 apCkHist Void Check Listing Page: 1
10/29/2024 4:01PM City of Lynwood
Bank code: apbank
Void Check# Date Vendor ClearNoid Date Invoice Inv. Date Amount Paid Check Total --
211269 07/16/2024 001510 GRAINGER, INC. 10/17/2024 LOST IN MAIL-212177 07/01/2024 2,662.50 10/17/2024 9165757445 06/27/2024 1,210.45
10/17/2024 9165701187 06/27/2024 742.70
10/17/2024 9145759164 06/10/2024 305.91
10/17/2024 9168225804 07/01/2024 244.32
10/17/2024 9157615734 06/20/2024 97.35
10/17/2024 9168225796 07/01/2024 83.54
10/17/2024 9165757452 06/27/2024 -343.44 5,003.33
211576 08/20/2024 000019 CITY NATIONAL BANK 10/14/2024 WIRE PROCESS-1006147 06/30/2024 7,264.10 10/14/2024 8898919 04/30/2024 6,968.25 14,232.35
211886 09/18/2024 001987 WATER REPLENISHMENT 10/10/2024 EXCEPTION LIST-212159 07/31/2024 191,436.59 191,436.59 211902 10/01/2024 013522 AMN MANAGEMENT, INC 10/22/2024 WRONG AMT-212179 08/28/2024 22,165.00 22,165.00 211919 10/01/2024 001987 WATER REPLENISHMENT 10/17/2024 WRONG INV NUM-212176 06/30/2024 11,004.00 11,004.00 211993 09/30/2024 001500 SOUTHERN CALIFORNIA 10/22/2024 EXECPTION LIST-212178 07/01/2024 9,189.00 9,189.00 212168 10/17/2024 013425 PATRICK MATSON 10/17/2024 WRONG AMT-212175 10/31/2024 350.00 350.00 212188 10/29/2024 004285 AVANT GARDE, INC. 10/29/2024 ERROR PROC-212214 10/29/2024 1,625.00 1,625.00 apbank Total: 255,005.27
8 checks in this report Total Checks: 255,005.27
Page: 1
9 vchlist
10/10/2024
Bank code:

Voucher
1006141
8:21:50AM
apbank
Date Vendor
7/3/2024 009720 CITY OF LYNWOOD
1 Vouchers for bank code :
1 Vouchers in this report
apbank
Electronic Financial Transaction List
City of Lynwood
Invoice PO#
2168-2172
2173
2174-2175
2176
2177-2181
2182-2185
Page: 2
Description/Account Amount
LIABILITY REPLENISHMENT 21,471.90
LIABILITY REPLENISHMENT 1,418.94
LIABILITY REPLENISHMENT 4,034.60
LIABILITY REPLENISHMENT 3,800.00
LIABILITY REPLENISHMENT 10,225.00
LIABILITY REPLENISHMENT 1,526.90
Total: 42,477.34
Bank total: 42,477.34
Total vouchers : 42,477.34
Page: 2
10 vchlist Prepaid-Check List Page: 3
10/10/2024 12:17:10PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212139 10/10/2024 010067 ALL AMERICAN ASPHALT 3 06-010148 PROF & CONTRACTUAL SERVICES 73,568.00 Total: 73,568.00
212140 10/10/2024 011296 ALVIZAR BUFFET 011296-102224 01-001851 STATE OF THE CITY ADDRESS EXP 850.00 Total: 850.00
212141 10/10/2024 005344 AT&T MOBILITY 287341717172X100424 PHONE SERVICE 3,983.87 Total: 3,983.87
212142 10/10/2024 014356 CA CONSULTING SERVICES LLC 2024-L YNWOOD-09 01-001846 MUNICIPAL GOVERNMENT 3,000.00 Total: 3,000.00
212143 10/10/2024 003372 CITY OF LYNWOOD 12-01100-05-092324 UTILITY ASSISTANCE 727.37 Total : 727.37
212144 10/10/2024 014376 DBA EL ASADERO PRIME TAQUERIA 102224 01-001852 STATE OF THE CITY ADDRESS EXP 1,500.00 Total: 1,500.00
212145 10/10/2024 014354 HERBEIN LEADERSHIP TRANING LLC 223129 01-001857 ARPA ADMINISTRATION 15,655.10 224243 01-001857 ARPA ADMINISTRATION 5,600.00
Total: 21,255.10
212146 10/10/2024 013321 HERNANDEZ, ERNIE 2024-003 01-001847 MUNICIPAL GOVERNMENT 2,400.00 Total: 2,400.00
212147 10/10/2024 011188 INSURANCE COMPANY, THE LINCOLN 4746846506 STD AND LTD PREMIUM 4,842.25 Total: 4,842.25
212148 10/10/2024 012509 LA PASTA 03122058 01-001853 STATE OF THE CITY ADDRESS EXP 3,858.75 Total: 3,858.75
212149 10/10/2024 014375 MARISCOS EL PERIHUETE, NO 3, INC 1000 01-001854 STATE OF THE CITY ADDRESS EXP 1,102.50 Total: 1,102.50
212150 10/10/2024 014377 MARTINEZ, ADRIANA 372340 STATE OF THE CITY ADDRESS EXP 400.00 Total: 400.00
Page: 3
11 vchlist Prepaid-Check List Page: 4
10/10/2024 12:17:10PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212151 10/10/2024 013721 MUNOZ-GUEVARA, JUAN 013721-092024 REIMBURSEMENT- COMMUNITYEXP 211.32 Total: 211.32
212152 10/10/2024 014380 SAX FOR ALL OCCASIONS 014380-100224 01-001856 STATE OF THE CITY-EXP 250.00 Total: 250.00
212153 10/10/2024 000163 SOUTHERN CALIFORNIA EDISON 700844704235-091124 UTILITY ASSISTANCE 982.22 Total: 982.22
212154 10/10/2024 000312 SPARKLETTS 2414307100524 WATER SERVICE 1,311.92 Total: 1,311.92
212155 10/10/2024 000164 THE GAS CO. 15970106827-092024 UTILITY ASSISTANCE 1,548.65 Total: 1,548.65
212156 10/10/2024 002386 T-MOBILE USA, INC 983463843-0821-0920 PHONE SERVICE 543.00 Total: 543.00
212157 10/10/2024 001302 U.S. BANK 0001302-091624-A BANKCARD CHARGES 2,580.98 001302-091624-B BANKCARD CHARGES 5,579.44
001302-091624-C BANKCARD CHARGES 3,467.41
001302-091624-D BANKCARD CHARGES 1,119.89
001302-091624-E BANKCARD CHARGES 2,380.19
001302-091624-F BANKCARD CHARGES 3,612.81
001302-091624-G BANKCARD CHARGES 150.00
Total: 18,890.72
212158 10/10/2024 008657 WASTE RESOURCES, INC. 037308-090124 UTILITY ASSIST ANGE 251.95 Total: 251.95
212159 10/10/2024 001987 DISTRICT OF SOUTHERN CALIF., WATER 001987-July 31,2024 06-010183 PROF & CONTRACTUAL SERVICES 191,436.59 Total: 191,436.59
Page: 4
12 vchlist Prepaid-Check List Page: 5
10/17/2024 10:31:59AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212160 10/17/2024 006399 AT&T 333404869-100824 INTERNET SERVICE 250.74 Total: 250.74
212161 10/17/2024 004285 AVANT GARDE, INC. 10691 06-010087 PROF & CONTRACTUAL SERVICES 2,250.00 10692 06-010087 PROF & CONTRACTUAL SERVICES 1,459.00
10693 06-010087 PROF & CONTRACTUAL SERVICES 600.00
10694 06-010087 PROF & CONTRACTUAL SERVICES 975.00
10695 06-010087 PROF & CONTRACTUAL SERVICES 1,000.00
10696 06-010087 PROF & CONTRACTUAL SERVICES 255.00
10698 06-010087 PROF & CONTRACTUAL SERVICES 750.00
10699 06-010087 PROF & CONTRACTUAL SERVICES 305.00
10701 06-010087 PROF & CONTRACTUAL SERVICES 666.00
10704 06-009554 PROF & CONTRACTUAL SERVICES 1,200.00
10705 06-009860 PROF & CONTRACTUAL SERVICES 780.00
Total: 10,240.00
212162 10/17/2024 014352 CENTURY SHERIFFS STATION, 001 01-001858 PROF & CONTRACTUAL SERVICES 5,000.00 Total: 5,000.00
212163 10/17/2024 003372 CITY OF LYNWOOD 40-26200-06-083124 UTILITY ASSISTANCE 435.99 42-11400-07-092624 UTILITY ASSISTANCE 146.20
43-23820-00-093024 UTILITY ASSISTANCE 539.73
72-12700-02-091724 UTILITY ASSISTANCE 655.19
Total: 1,777.11
212164 10/17/2024 009633 EVENT STEP AND REPEAT 19731 08-005316 EVENT SERVICE FEE 3,454.26 Total: 3,454.26
212165 10/17/2024 009832 HARDING, ELIZABETH B. 009832-073124 08-005321 PROF & CONTRACTUAL SERVICES 170.00 009832-083124 08-005321 PROF & CONTRACTUAL SERVICES 170.00 009832-093024 08-005321 PROF & CONTRACTUAL SERVICES 170.00 Total: 510.00
212166 10/17/2024 000486 LIBERTY UTILITIES 200007115757-100324 UTILITY ASSISTANCE 534.62 Total: 534.62
Page: 5
13 vchlist Prepaid-Check List Page: 6
10/17/2024 10:31:59AM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212167 10/17/2024 000486 LIBERTY UTILITIES 200006750273-100224 WATER SERVICE 65.50 200006750281-100224 WATER SERVICE 50.79
200006750299-100224 WATER SERVICE 50.79
Total: 167.08
212168 10/17/2024 013425 MATSON, PATRICK 013425-103124 PER DIEM- CALPERS EDUCATIONAL 350.00 Total: 350.00
212169 10/17/2024 014025 PARTY WHOLESALE USA LLC 35899531 COMMUNITY ACTIVITY EXPENSE 495.00 Total: 495.00
212170 10/17/2024 008016 SEAN HILLER SH11222024 01-001859 COMMUNITY ACTIVITY EXPENSE 500.00 Total: 500.00
212171 10/17/2024 000163 SOUTHERN CALIFORNIA EDISON 000163-101624 LIGHT & POWER SERVICE 102,002.07 Total : 102,002.07
212172 10/17/2024 000163 SOUTHERN CALIFORNIA EDISON 700060605139-090624 UTILITY ASSISTANCE 470.83 700084180381-091724 UTILITY ASSISTANCE 83.92
700476994110-091724 UTILITY ASSISTANCE 397.55
700800354825-092324 UTILITY ASSISTANCE 674.91
700810993806-091124 UTILITY ASSISTANCE 87.35
700853565890-091724 UTILITY ASSISTANCE 1,226.40
700888867123-091724 UTILITY ASSISTANCE 775.22
Total : 3,716.18
212173 10/17/2024 000164 THE GAS CO. 04280118193-091824 UTILITY ASSISTANCE 239.35 06740100018-091924 UTILITY ASSISTANCE 64.28
17230119012-091924 UTILITY ASSISTANCE 37.67
17520123443-091824 UTILITY ASSISTANCE 347.03
1843013332-092524 UTILITY ASSISTANCE 39.01
19540107802-092624 UTILITY ASSISTANCE 32.12
Total : 759.46
212174 10/17/2024 008657 WASTE RESOURCES, INC. 039718-090124 UTILITY ASSISTANCE 125.98 041647-070124 UTILITY ASSIST ANGE 62.96
082900-090124 UTILITY ASSIST ANGE 125.14
Page: 6
14 vchlist
10/17/2024 10:31 :59AM
Bank code: apbank
Voucher Date Vendor
212174 10/17/2024 008657 008657 WASTE RESOURCES, INC.

Prepaid-Check List
City of Lynwood
Invoice
(Continued)
PO# Description/Account -------
Page: 7
Amount
Total: 314.08
Page: 7
15 vchlist Prepaid-Check List Page: 8
10/17/2024 3:27:17PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212175 10/16/2024 013425 MATSON, PATRICK 013425-103124 PER DIEM- CALPERS EDUCATIONAL 280.00 Total: 280.00
212176 10/16/2024 001987 DISTRICT OF SOUTHERN CALIF., WATER 2406-T22-019 06-010194 PROF & CONTRACTUAL SERVICES 11,004.00 Total: 11,004.00
212177 10/16/2024 001510 GRAINGER, INC. 9145759164 11-002302 OPERATING SUPPLIES 305.91 9157615734 06-010008 OPERATING SUPPLIES 97.35
9165701187 06-010008 OPERATING SUPPLIES 742.70
9165757445 06-010008 OPERATING SUPPLIES 1,210.45
9165757452 06-010008 OPERATING SUPPLIES -343.44
9168225788 06-010008 OPERATING SUPPLIES 2,662.50
9168225796 06-010008 OPERATING SUPPLIES 83.54
9168225804 06-010008 OPERATING SUPPLIES 244.32
Total: 5,003.33
Page: 8
16 vchlist Prepaid-Check List Page: 9
10/24/2024 3:52:SBPM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212178 10/22/2024 001500 ASSOCIATION OF GOVERNMENTS, SCAG FY25 0112 MEMBERSHIP DUES ASSESSMENT 9,189.00 Total: 9,189.00
212179 10/22/2024 013522 AMN MANAGEMENT, INC 30 06-010280 PROF & CONTRACTUAL SERVICES 21,855.00 Total: 21,855.00
212180 10/22/2024 001087 FANTASY FLOWERS AND GIFTS 025556 EVENT SERVICE FEE 1,378.13 Total: 1,378.13
212181 10/22/2024 006130 HI-TECH COMPUTER RENTAL 006130-102224 STATE OF THE CITY EXP 1,020.00 Total: 1,020.00
212182 10/22/2024 006140 INTERGRAPHICS COMPANY EST-0000499 STATE OF THE CITY EXP 877.50 Total: 877.50
212183 10/22/2024 000844 J & G GRAPHICS 5647 SUPPLIES 1,335.69 Total: 1,335.69
212184 10/22/2024 013721 MUNOZ-GUEVARA, JUAN 013721-112124 PER DIEM- NALEO 15TH BIENNIAL 280.00 Total: 280.00
212185 10/22/2024 011963 WEX BANK 100274949 06-010187 FUEL CHARGES FOR CITY 14,199.50 Total: 14,199.50
212186 10/22/2024 001987 DISTRICT OF SOUTHERN CALIF., WATER 001987-August 31,24 06-010183 PROF & CONTRACTUAL SERVICES 194,604.84 Total: 194,604.84
Page: 9
17 vchlist Prepaid-Check List Page: 10
10/29/2024 1:41:18PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212187 10/29/2024 006399 AT&T 000022350149 TELEPHONE SERVICES 115.46 000022386791 TELEPHONE SERVICES 777.76
000022414389 TELEPHONE SERVICES 28.60
000022417688 TELEPHONE SERVICES 117.01
000022417690 TELEPHONE SERVICES 30.42
000022417691 TELEPHONE SERVICES 345.06
000022417693 TELEPHONE SERVICES 86.59
000022417697 TELEPHONE SERVICES 117.01
000022417701 TELEPHONE SERVICES 30.42
000022417807 TELEPHONE SERVICES 59.29
000022417808 TELEPHONE SERVICES 59.29
000022417878 TELEPHONE SERVICES 59.29
Total: 1,826.20
212188 10/29/2024 004285 AVANT GARDE, INC. 10808 06-010087 PROF & CONTRACTUAL SERVICES 1,625.00 Total: 1,625.00
212189 10/29/2024 000955 CENTRAL BASIN MUNICIPAL WATER LYN-SEP24 06-010182 PROF & CONTRACTUAL SERVICES 4,913.48 Total: 4,913.48
212190 10/29/2024 014400 CHURROS LA FERIA 0282322 EVENT SERVICE FEE 1,000.00 Total: 1,000.00
212191 10/29/2024 003372 CITY OF LYNWOOD 23-30600-09-082724 UTILITY ASSIST ANGE 174.85 42-18500-05-073124 UTILITY ASSIST ANGE 180.03
51-02100-05-093024 UTILITY ASSIST ANGE 245.08
61-11800-07-093024 UTILITY ASSISTANCE 608.91
70-08900-05-092624 UTILITY ASSISTANCE 476.22
Total: 1,685.09
212192 10/29/2024 004640 DEPT. OF INDUSTRIAL RELATIONS E2107153MR FEES FOR SERVICES 225.00 Total: 225.00
212193 10/29/2024 013084 LE, JESSICA Ben165326 JESSICA HERRERA: PAYMENT 293.00 Total: 293.00
Page: 10
18 vchlist Prepaid-Check List Page: 11
10/29/2024 1:41:18PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# DescriptionlAccount Amount 212194 10/29/2024 000486 LIBERTY UTILITIES 200006825141-061124 UTILITY ASSISTANCE 1,599.58 Total: 1,599.58
212195 10/29/2024 000163 SOUTHERN CALIFORNIA EDISON 700001910641-091724 UTILITY ASSISTANCE 574.43 700263655643-100724 UTILITY ASSISTANCE 559.19
700273282588-092324 UTILITY ASSISTANCE 331.17
700316231865-091724 UTILITY ASSISTANCE 1,032.51
700378561641-093024 UTILITY ASSISTANCE 107.06
700386246970-091724 UTILITY ASSISTANCE 488.15
700429860291-100724 UTILITY ASSISTANCE 518.32
700545421142-091724 UTILITY ASSISTANCE 344.94
700905985397-091724 UTILITY ASSISTANCE 397.39
Total: 4,353.16
212196 10/29/2024 008657 WASTE RESOURCES, INC. 033448-090124 UTILITY ASSISTANCE 62.96 037616-090124 UTILITY ASSISTANCE 62.96
038392-090124 UTILITY ASSISTANCE 125.98
039022-090124 UTILITY ASSISTANCE 25.26
Total: 277.16
212197 10/29/2024 000164 THE GAS CO. 000164-102824 GAS SERVICES 419.99 Total: 419.99
212198 10/29/2024 000164 THE GAS CO. 01390135356-091724 UTILITY ASSISTANCE 57.79 06640122716-091824 UTILITY ASSISTANCE 312.00
07950129499-091924 UTILITY ASSISTANCE 30.52
09220129267-071824 UTILITY ASSISTANCE 18.07
13100122012-091724 UTILITY ASSISTANCE 252.34
14090096000-092024 UTILITY ASSISTANCE 40.54
Total: 711.26
212199 10/29/2024 013084 LE, JESSICA Ben165530 JESSICA HERRERA: PAYMENT 293.00 Total : 293.00
212200 10/29/2024 014394 SALAS, JACQUELINE 001 COMMUNITY ACTIVITY EXPENSE 600.00 Total: 600.00
212201 10/29/2024 000164 THE GAS CO. 08850113013-092624 UTILITY ASSISTANCE 104.66 Page: 11
19 vchlist
10/29/2024
Bank code:
1:41:18PM
apbank
Prepaid-Check List
City of Lynwood
Voucher Date Vendor Invoice PO # Description/Account
212201 10/29/2024 000164 000164 THE GAS CO.
63 Vouchers for bank code :
63 Vouchers in this report
apbank
(Continued) Total:

Bank total:

Total vouchers:

Page: 12
Amount
104.66
743,938.38
743,938.38
Page: 12
20 vchlist Check List Page: 13
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212202 11/5/2024 000743 ADMINISTRATIVE SVCS. CO-OP 240912 08-005294 PROF & CONTRACTUAL SERVICES 12,619.10 Total: 12,619.10
212203 11/5/2024 014363 ADRY PARTNERS, LLC 3608 12-000484 FEES FOR SERVICES 5,520.00 Total: 5,520.00
212204 11/5/2024 013931 AETNA RESOURCES FOR LIVING E0329449 FEES FOR SERVICES 218.23 Total: 218.23
212205 11/5/2024 001994 ALIN'SPARTYSUPPLYCO. 640484 08-005295 EVENT SERVICE FEE 599.21 Total: 599.21
212206 11/5/2024 010067 ALL AMERICAN ASPHALT 208266 PROF & CONTRACTUAL SERVICES 29,743.50 Total: 29,743.50
212207 11/5/2024 007439 ALL CITY MANAGEMENT SVCS, INC. 95830 11-002333 PROF & CONTRACTUAL SERVICES 17,133.32 Total: 17,133.32
212208 11/5/2024 011719 ALL STAR ELITE SPORTS 4580 08-005319 SUPPLIES EXPENSE 1,220.25 Total: 1,220.25
212209 11/5/2024 013497 ALTA LANGUAGE SERVICES, INC IS743940 FEES FOR SERVICES 110.00 Total: 110.00
212210 11/5/2024 013738 AMAZON CAPITAL SERVICES INC 14XD-49NQ-HQPJ SUPPLIES EXPENSE 62.83 1 LPP-M3TG-J 1 M3 SUPPLIES EXPENSE 69.94
1 RYN-WK1 H-GWGM SUPPLIES EXPENSE 44.05
1 YFQ-C73H-HYGY SUPPLIES EXPENSE 399.90
Total: 576.72
212211 11/5/2024 002452 AMERICAN LANGUAGE SVCS. 83585 01-001850 FEES FOR SERVICES 336.56 83793 01-001850 FEES FOR SERVICES 414.50
83796 01-001850 FEES FOR SERVICES 438.90
Total: 1,189.96
212212 11/5/2024 000012 AQUA METRIC SALES CO. INV0104162 06-009845 PROF & CONTRACTUAL SERVICES 227,105.63 Page: 13
21 vchlist
10/29/2024
Bank code :

Voucher
212212
212213
212214
3:50:47PM
apbank
Date Vendor
11/5/2024 000012 000012 AQUA METRIC SALES CO.
11/5/2024 010487 AUTOZONE WEST, INC.
11/5/2024 004285 AVANT GARDE, INC.

Check List
City of Lynwood
Invoice
(Continued)
05446480133
05446495575
05446495586
05446497231
5446064716
5446325526
5446434461
5446442719
5446444798
5446444802
5446444803
5446471270
5446472316
5446472449
5446712822
5446988751
10542
10588
10702
10703
10706
10802
10803
10804
10805
10806
10807
10808
10809
10810
10811
10813
10814
Page: 14
PO# Description/ Account Amount
Total: 227,105.63
06-010254 FLEET PARTS AND ACCESSORIES 241.43
06-010254 FLEET PARTS AND ACCESSORIES 171.77
06-010254 FLEET PARTS AND ACCESSORIES -171.77
06-010254 FLEET PARTS AND ACCESSORIES 250.76
06-010254 FLEET PARTS AND ACCESSORIES -27.63
06-010254 FLEET PARTS AND ACCESSORIES -32.07
06-010254 FLEET PARTS AND ACCESSORIES 310.23
06-010254 FLEET PARTS AND ACCESSORIES 99.37
06-010254 FLEET PARTS AND ACCESSORIES 22.91
06-010254 FLEET PARTS AND ACCESSORIES 13.87
06-010254 FLEET PARTS AND ACCESSORIES -22.91
06-010254 FLEET PARTS AND ACCESSORIES 32.36
06-010254 FLEET PARTS AND ACCESSORIES 8.90
06-010254 FLEET PARTS AND ACCESSORIES 327.14
06-010254 FLEET PARTS AND ACCESSORIES -38.25
06-010254 FLEET PARTS AND ACCESSORIES 53.32
Total: 1,239.43
11-002358 PROF & CONTRACTUAL SERVICES 15,176.25
11-002358 PROF & CONTRACTUAL SERVICES 13,087.50
06-010305 PROF & CONTRACTUAL SERVICES 10,621.25
06-010305 PROF & CONTRACTUAL SERVICES 300.00
11-002358 PROF & CONTRACTUAL SERVICES 7,612.50
06-010087 PROF & CONTRACTUAL SERVICES 2,250.00
06-010087 PROF & CONTRACTUAL SERVICES 1,459.00
06-010087 PROF & CONTRACTUAL SERVICES 600.00
06-010087 PROF & CONTRACTUAL SERVICES 250.00
06-010087 PROF & CONTRACTUAL SERVICES 975.00
06-010305 PROF & CONTRACTUAL SERVICES 975.00
06-010087 PROF & CONTRACTUAL SERVICES 1,625.00
06-010305 PROF & CONTRACTUAL SERVICES 1,000.00
06-010087 PROF & CONTRACTUAL SERVICES 1,250.00
06-010087 PROF & CONTRACTUAL SERVICES 1,525.00
06-010305 PROF & CONTRACTUAL SERVICES 684.00
06-010305 PROF & CONTRACTUAL SERVICES 208.50
Page: 14
22 vchlist Check List Page: 15
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 212214 11/5/2024 004285 AVANT GARDE, INC. (Continued)
10815 06-010305 PROF & CONTRACTUAL SERVICES 333.00
11816 06-010305 PROF & CONTRACTUAL SERVICES 11,192.50
Total : 71,124.50
212215 11/5/2024 000115 BAUTISTA, JUAN ANTONIO 004089-081524 08-005320 PROF & CONTRACTUAL SERVICES 920.00 004089-101024 08-005320 PROF & CONTRACTUAL SERVICES 1,140.00 Total: 2,060.00
212216 11/5/2024 006014 CA BLDG.STANDARDS COMMISSION 06014-093024 FEES FOR SERVICES 315.00 Total: 315.00
212217 11/5/2024 000032 CAL ADDISON 319996 06-010257 REPAIRS AND MAINTENANCE 360.00 319997 06-010257 REPAIRS AND MAINTENANCE 135.00
319998 06-010257 REPAIRS AND MAINTENANCE 1,870.00
Total: 2,365.00
212218 11/5/2024 013105 CALIFORNIA STREET LIGHTING 1211 06-010286 PROF & CONTRACTUAL SERVICES 2,430.00 1212 06-010286 PROF & CONTRACTUAL SERVICES 2,430.00
1220 06-010286 PROF & CONTRACTUAL SERVICES 2,200.00
Total: 7,060.00
212219 11/5/2024 007782 CAMACHO, GABRIELA 007782-113024 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
212220 11/5/2024 000657 CENTURY RADIATORS 1380 06-010259 REPAIRS AND MAINT EXPENSE 133.43 1382 06-010259 REPAIRS AND MAINT EXPENSE 133.43
1386 06-010259 REPAIRS AND MAINT EXPENSE 115.23
1387 06-010259 REPAIRS AND MAINT EXPENSE 132.94
Total: 515.03
212221 11/5/2024 001168 CINTAS CORPORATION NO. 2 8407069708 08-005282 SUPPLIES EXPENSE 260.81 Total: 260.81
212222 11/5/2024 004168 CINTAS FIRE PROTECTION 5233560308 SUPPLIES EXPENSE 296.58 Total: 296.58
212223 11/5/2024 003372 CITY OF LYNWOOD 8885 FEES FOR SERVICES 5,099.00 Page: 15
23 vchlist Check List Page: 16
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212223 11/5/2024 003372 003372 CITY OF LYNWOOD (Continued) Total: 5,099.00 212224 11/5/2024 014115 CIVILTEC ENGINEERING INC 50761R 06-010293 PROF & CONTRACTUAL SERVICES 9,947.35 50763R 06-010261 PROF & CONTRACTUAL SERVICES 2,347.50
50924R 06-010293 PROF & CONTRACTUAL SERVICES 13,762.50
50926R 06-010261 PROF & CONTRACTUAL SERVICES 16,051.25
51191 06-010293 PROF & CONTRACTUAL SERVICES 14,184.63
51193 06-010261 PROF & CONTRACTUAL SERVICES 10,088.38
51233 06-010293 PROF & CONTRACTUAL SERVICES 25,419.31
51234 06-010261 PROF & CONTRACTUAL SERVICES 23,856.25
51508 06-010293 PROF & CONTRACTUAL SERVICES 40,789.76
51509 06-010261 PROF & CONTRACTUAL SERVICES 18,438.75
Total: 174,885.68
212225 11/5/2024 001571 CLINICAL LAB OF SAN BERNARDINO 2401572-L YN01 06-010191 FEES FOR SERVICES 1,685.00 Total: 1,685.00
212226 11/5/2024 014398 CONNER, MARY 002826-0003 REFUNDABLE DEPOSIT-EVENT 100.00 003054-0128 REFUND-NO SERVICE PROVIDED 372.00
Total: 472.00
212227 11/5/2024 013063 CONTINUING EDUCATION OF THE, BAR IN00159218 SUPPLIES EXPENSE 618.22 Total: 618.22
212228 11/5/2024 013725 CRAFTWATER ENGINEERING, INC. 21-058-21 06-009812 PROF & CONTRACTUAL SERVICES 9,040.09 Total: 9,040.09
212229 11/5/2024 013751 CUELLAR, LUIS GERARDO 013751-113024 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
212230 11/5/2024 013751 CUELLAR, LUIS GERARDO 013751-103124 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
212231 11/5/2024 000305 CULLIGAN 1959471 06-010193 WATER SERVICE EXPENSE 81.52 Total: 81.52
212232 11/5/2024 000138 DAILY JOURNAL CORPORATION A3859412 11-002341 PUBLICATION SERVICES 96.20 B3857008 11-002341 PUBLICATION SERVICES 749.54
Page: 16
24 vchlist Check List Page: 17
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212232 11/5/2024 000138 DAILY JOURNAL CORPORATION (Continued) B3857013 11-002341 PUBLICATION SERVICES 570.02
B3857014 11-002341 PUBLICATION SERVICES 570.02
Total: 1,985.78
212233 11/5/2024 014269 DBX INC LA931-04 06-010171 PROF & CONTRACTUAL SERVICES 51,052.47 LA931-05 06-010171 PROF & CONTRACTUAL SERVICES 2,375.00 Total: 53,427.47
212234 11/5/2024 014379 DELTA CONSTRUCTION&, ELECTRIC 002840-0001 C&D REFUNDABLE DEPOSIT 5,850.00 Total: 5,850.00
212235 11/5/2024 003159 DEPARTMENT OF CONSERVATION 003159-093024 PROF & CONTRACTUAL SERVICES 364.47 Total: 364.47
212236 11/5/2024 013825 EDGESOFT, INC 3479 11-002359 PROF & CONTRACTUAL SERVICES 24,500.00 3487 11-002359 PROF & CONTRACTUAL SERVICES 3,000.00
3492 11-002359 PROF & CONTRACTUAL SERVICES 3,000.00
3493 11-002359 PROF & CONTRACTUAL SERVICES 2,400.00
Total: 32,900.00
212237 11/5/2024 004089 ELDER, BRUCE A. 004089-103124 08-005309 PROF & CONTRACTUAL SERVICES 904.00 Total: 904.00
212238 11/5/2024 012135 ENGINEERING SOLUTIONS,INC, 1940045096 11-002361 PROF & CONTRACTUAL SERVICES 92,473.73 1940055209 11-002361 PROF & CONTRACTUAL SERVICES 28,562.92 1940055394 11-002361 PROF & CONTRACTUAL SERVICES 229,959.24 Total: 350,995.89
212239 11/5/2024 010489 ENVIROTEK CORPORATION C-3604 PROF & CONTRACTUAL SERVICES 1,111.41 Total: 1,111.41
212240 11/5/2024 008756 EQUIPMENT & SERVICES, LLC, ANIMAL 128997 ANIMAL SERVICE EXPENSE 356.26 Total: 356.26
212241 11/5/2024 003317 FAIR HOUSING FOUNDATION Quarter 1- September 11-002350 PROF & CONTRACTUAL SERVICES 1,082.80 Total: 1,082.80
Page: 17
25 vchlist Check List Page: 18
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212242 11/5/2024 001087 FANTASY FLOWERS AND GIFTS 025564 08-005285 EVENT SERVICE FEE 49.61 0394 08-005285 EVENT SERVICE FEE 187.43
Total: 237.04
212243 11/5/2024 003334 FED EX 8-634-09628-1 SHIPPING SERVICES 15.60 Total: 15.60
212244 11/5/2024 001393 FERGUSON ENTERPRISES, INC. 0036513 06-010227 MATERIALS AND SUPPLIES 13,607.89 Total: 13,607.89
212245 11/5/2024 004263 FIGUEREDO, KAREN 004263-100124 REIMBURSEMENT-MEALS 152.09 Total: 152.09
212246 11/5/2024 000003 FIRST CHOICE SERVICES 847754 01-001835 COFFEE SERVICES 147.75 Total: 147.75
212247 11/5/2024 009082 FLOYD, LATASIA 009082-103124 08-005297 PROF & CONTRACTUAL SERVICES 600.00 Total: 600.00
212248 11/5/2024 006902 FULMORE, DENNIS 27166464 FEES FOR SERVICES 250.00 27167173 FEES FOR SERVICES 250.00
Total: 500.00
212249 11/5/2024 004425 FUN EXPRESS. LLC 732908825-01 08-005302 EVENT SUPPLIES EXP 103.94 Total: 103.94
212250 11/5/2024 014105 GENTRY BROTHERS INC RETENTION-100924 PROF & CONTRACTUAL SERVICES 74,384.98 Total: 74,384.98
212251 11/5/2024 013694 GLOBAL URBAN STRATEGIES, INC 743 11-002334 PROF & CONTRACTUAL SERVICES 1,775.00 744 11-002334 PROF & CONTRACTUAL SERVICES 962.50
Total: 2,737.50
212252 11/5/2024 014112 GONZALEZ, CHLOE 014112-103124 08-005298 PROF & CONTRACTUAL SERVICES 960.00 Total: 960.00
212253 11/5/2024 014392 GONZALEZ, ISMAEL 002880-0020 REFUNDABLE DEPOSIT-EVENT 200.00 002970-0010 REFUND-NO SERVICE PROVIDED 496.00
Page: 18
26 vchlist Check List Page: 19
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212253 11/5/2024 014392 014392 GONZALEZ, ISMAEL (Continued) Total: 696.00 212254 11/5/2024 001510 GRAINGER, INC. 9269533098 11-002343. SUPPLIES EXPENSE 239.64 9269533106 11-002343 SUPPLIES EXPENSE 466.52
9270041669 06-010196 SUPPLIES EXPENSE -547.15
9274292763 11-002343 SUPPLIES EXPENSE 26.33
9279953328 06-010196 SUPPLIES EXPENSE 1,422.87
9569533080 11-002343 SUPPLIES EXPENSE 109.70
Total: 1,717.91
212255 11/5/2024 000993 GRM INFORMATION MANAGEMENT 0512883-0512897 01-001841 PROF & CONTRACTUAL SERVICES 983.68 0514559 05-001989 PROF & CONTRACTUAL SERVICES 19.64
0514726 02-002687 PROF & CONTRACTUAL SERVICES 296.46
0514829 12-000481 PROF & CONTRACTUAL SERVICES 208.31
Total: 1,508.09
212256 11/5/2024 008611 GWMA 2025-16 PROF & CONTRACTUAL SERVICES 15,000.00 LLAR-24-04 PROF & CONTRACTUAL SERVICES 71,463.59
Total: 86,463.59
212257 11/5/2024 003338 HILLYARD-LOS ANGELES 605620232 06-010197 SUPPLIES EXPENSE 19.50 605629546 06-010197 SUPPLIES EXPENSE 1,488.77
605629547 06-010197 SUPPLIES EXPENSE 871.86
605629548 06-010197 SUPPLIES EXPENSE 390.95
605635128 06-010197 SUPPLIES EXPENSE 47.19
Total: 2,818.27
212258 11/5/2024 001681 HUMAN SERVICES ASSOCIATION 09302425 08-005290 PROF & CONTRACTUAL SERVICES 3,091.25 Total: 3,091.25
212259 11/5/2024 000635 IDR ENVIRONMENTAL SERVICES 83667 06-010263 PROF & CONTRACTUAL SERVICES 13,173.18 83711 06-010263 PROF & CONTRACTUAL SERVICES 6,288.38
Total: 19,461.56
212260 11/5/2024 011853 IWATER, INC. 9998 06-010282 PROF & CONTRACTUAL SERVICES 102,480.00 Total: 102,480.00
212261 11/5/2024 008254 JCL TRAFFIC SERVICES 126218 RENT AL EXPENSE 750.00 Page: 19
27 vchlist Check List Page: 20
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212261 11/5/2024 008254 008254 JCL TRAFFIC SERVICES (Continued) Total: 750.00 212262 11/5/2024 009103 JHM SUPPLY, INC. 99580/3 06-010232 SUPPLIES EXPENSE 1,456.33 Total: 1,456.33
212263 11/5/2024 000097 JONES LUMBER 357956 08-005310 COMMUNITY ACTIVITY EXPENSE 308.38 Total : 308.38
212264 11/5/2024 000001 KING FENCE, INC 51702 06-010233 RENTAL EXPENSE 65.50 Total: 65.50
212265 11/5/2024 008353 KNORR SYSTEMS, INC. 205977 06-010150 PROF & CONTRACTUAL SERVICES 29,624.74 225977 06-010094 PROF & CONTRACTUAL SERVICES 6,133.69
225977-1 06-010150 PROF & CONTRACTUAL SERVICES 17,205.96 Total: 52,964.39
212266 11/5/2024 013664 KOSMONT COMPANIES 2110.7-022 PROF & CONTRACTUAL SERVICES 2,605.20 Total: 2,605.20
212267 11/5/2024 003331 L.A. COUNTY SHERIFF DEPT. 250578TZ 01-001830 LA COUNTY SHERIFF 3,366.66 250579TZ 01-001830 LA COUNTY SHERIFF 4,669.09
250595MR 01-001830 LA COUNTY SHERIFF 17,324.58
250633TZ 01-001828 LA COUNTY SHERIFF 1,090,745.94
250634TZ 01-001829 LA COUNTY SHERIFF 23,627.27
Total: 1,139,733.54
212268 11/5/2024 014393 LAN WAN ENTERPRISE, INC 75456 06-010301 PROF & CONTRACTUAL SERVICES 492,524.78 Total: 492,524.78
212269 11/5/2024 000866 LEAD TECH ENVIRONMENTAL 16512 11-002344 FEES FOR SERVICES 715.00 Total: 715.00
212270 11/5/2024 001991 LEGISLATIVE ADVOCACY GROUP 5893 01-001842 PROF & CONTRACTUAL SERVICES 5,000.00 5894 01-001842 PROF & CONTRACTUAL SERVICES 5,000.00
5895 01-001842 PROF & CONTRACTUAL SERVICES 5,000.00
Total: 15,000.00
212271 11/5/2024 008480 LOPEZ AUTO SERVICE & TIRES INC 35077 06-010265 REPAIRS AND PARTS FOR CITY 215.00 Page: 20
28 vchlist Check List Page: 21
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212271 11/5/2024 008480 LOPEZ AUTO SERVICE & TIRES INC (Continued) 35078 06-010265 REPAIRS AND PARTS FOR CITY 120.00
35092 06-010265 REPAIRS AND PARTS FOR CITY 410.00
35097 06-010265 REPAIRS AND PARTS FOR CITY 265.00
35098 06-010265 REPAIRS AND PARTS FOR CITY 265.00
35099 06-010265 REPAIRS AND PARTS FOR CITY 365.00
35106 06-010265 REPAIRS AND PARTS FOR CITY 120.00
Total: 1,760.00
212272 11/5/2024 013395 M&C CONSTRUCTION GROUP INC 3173 PROF & CONTRACTUAL SERVICES 555.00 3173-1 06-010302 PROF & CONTRACTUAL SERVICES 1,245.00
3204 06-010302 PROF & CONTRACTUAL SERVICES 1,800.00
Total: 3,600.00
212273 11/5/2024 002761 MARCO POWER EQUIPMENT 41212506 06-010234 SUPPLIES EXPENSE 38.59 41212513 06-010234 SUPPLIES EXPENSE 717.25
Total: 755.84
212274 11/5/2024 002683 MAY TOOL INC. 204539 REPAIRS AND MAINT EXPENSE 195.28 Total: 195.28
212275 11/5/2024 014099 MICHAEL BAKER INTERNATIONALINC 1221903 PROF & CONTRACTUAL SERVICES 2,900.00 1226780 PROF & CONTRACTUAL SERVICES 3,320.00
Total: 6,220.00
212276 11/5/2024 013504 MINER, LTD 5310711921 06-010220 REPAIRS FOR DOORS CITY WIDE 1,591.07 5310713572 06-010220 REPAIRS FOR DOORS CITY WIDE 1,250.69 Total: 2,841.76
212277 11/5/2024 014390 MONTOYA, JESUS 002739-0049 C&D REFUNDABLE DEPOSIT 5,000.00 Total: 5,000.00
212278 11/5/2024 007207 MUNI TEMPS 130484 03-000458 PROFESSIONAL SERVICES 3,160.00 Total: 3,160.00
212279 11/5/2024 013440 MUNISERVICES LLC INV06-019612 FEES FOR SERVICES 2,940.00 Total: 2,940.00
Page: 21
29 vchlist Check List Page: 22
10129/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212280 11/5/2024 013721 MUNOZ-GUEVARA, JUAN 013721-113024 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
212281 11/5/2024 000841 NADA BUS, INC. 52004 08-005323 EVENT SERVICE FEE 1,170.00 Total: 1,170.00
212282 11/5/2024 014355 NASCO EDUCATION LLC 654903 08-005312 EVENT SUPPLIES EXPENSE 597.33 Total: 597.33
212283 11/5/2024 012288 NATIONAL FITNESS CAMPAIGN LLC INV-1699 06-010291 EVENT SUPPLIES EXPENSE 1,230.07 Total: 1,230.07
212284 11/5/2024 000475 NATIONWIDE ENVIRONMENTAL SVCS. 34255 06-010202 PROF & CONTRACTUAL SERVICES 53,430.12 34255-1 11-002336 PROF & CONTRACTUAL SERVICES 5,284.30
34318 06-010202 PROF & CONTRACTUAL SERVICES 53,430.12
34318-1 11-002336 PROF & CONTRACTUAL SERVICES 5,284.30
34319-1 11-002336 PROF & CONTRACTUAL SERVICES 1,253.03
34350 06-010202 PROF & CONTRACTUAL SERVICES 8,084.16
34352 06-010201 PROF & CONTRACTUAL SERVICES 24,275.61
Total: 151,041.64
212285 11/5/2024 000475 NATIONWIDE ENVIRONMENTAL SVCS. 34319 06-010203 PROF & CONTRACTUAL SERVICES 1,959.86 Total: 1,959.86
212286 11/5/2024 013673 NOBEL SYSTEMS INC. 15951 PROF & CONTRACTUAL SERVICES 2,500.00 Total: 2,500.00
212287 11/5/2024 011922 NORTH STAR LAND CARE 1601-830 06-010204 PROF & CONTRACTUAL SERVICES 6,480.00 1601-837 06-010204 PROF & CONTRACTUAL SERVICES 1,440.00 1601-862 06-010204 PROF & CONTRACTUAL SERVICES 5,760.00 1601-874 06-010204 PROF & CONTRACTUAL SERVICES 30,960.00 1601-887 06-010204 PROF & CONTRACTUAL SERVICES 1,200.00 1601-888 06-010204 PROF & CONTRACTUAL SERVICES 27,615.00 Total: 73,455.00
212288 11/5/2024 000078 ODP BUSINESS SOLUTIONS,LLC 384203590001 11-002345 SUPPLIES EXPENSE 120.78 387673115001 11-002345 SUPPLIES EXPENSE 109.06
387675310001 11-002345 SUPPLIES EXPENSE 43.76
Page: 22
30 vchlist Check List Page: 23
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212288 11/5/2024 000078 ODP BUSINESS SOLUTIONS ,LLC (Continued) 387675311001 11-002345 SUPPLIES EXPENSE 210.90
389423607001 08-005286 SUPPLIES EXPENSE 307.22
389439801001 08-005286 SUPPLIES EXPENSE 46.76
389440237001 03-000455 SUPPLIES EXPENSE 126.93
389748751001 11-002345 SUPPLIES EXPENSE 93.02
389756434001 11-002345 SUPPLIES EXPENSE 45.27
Total: 1,103.70
212289 11/5/2024 001214 OF PUBLIC WORKS, COUNTY OF L.A. RE-PW-24100701822 LABOR & EQUIPMENT CHARGES 3,043.25 RE-PW-24100702131 LABOR & EQUIPMENT CHARGES 630.77
RE-PW-24100702132 LABOR & EQUIPMENT CHARGES 923.63
Total: 4,597.65
212290 11/5/2024 014032 PALOMO, HUGO 001954-0013 C&D REFUNDABLE DEPOSIT 14,250.85 Total: 14,250.85
212291 11/5/2024 012548 PARKING COMPANY OF AMERICA INVM0019084 06-010269 PROF & CONTRACTUAL SERVICES 104,642.85 Total: 104,642.85
212292 11/5/2024 014022 PEREZ, ALFREDO 014022-100124 REIMBURSEMENT-APA CALIFORNIA 483.36 Total: 483.36
212293 11/5/2024 010945 PETDATA, INC. 13419 11-002346 ANIMAL SERVICE EXPENSE 500.00 Total: 500.00
212294 11/5/2024 004854 PETTY CASH- FINANCE 004854-102924 PETTY CASH REPLENISHMENT 770.75 Total: 770.75
212295 11/5/2024 005588 PLUMBERS DEPOT, INC PD-57242 06-010238 REPAIRS AND MAINT EXPENSE 460.22 Total: 460.22
212296 11/5/2024 000407 POSITIVE PROMOTIONS.INC 62906510 08-005303 SUPPLIES EXPENSE 2,640.29 Total: 2,640.29
212297 11/5/2024 009298 PRINTING MULTISERVICES, GALAVIZ'S 522 FEES FOR SERVICES 48.51 523 FEES FOR SERVICES 27.56
Page: 23
31 vchlist Check List Page: 24
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/ Account Amount 212297 11/5/2024 009298 009298 PRINTING MUL TISERVICES, (Continued) Total: 76.07 212298 11/5/2024 006281 PROFESSIONAL SECURITY, IN000134143 08-005315 PROF & CONTRACTUAL SERVICES 1,016.24 IN000134472 08-005315 PROF & CONTRACTUAL SERVICES 4,729.94 IN000134473 08-005315 PROF & CONTRACTUAL SERVICES 269.64 IN000134474 08-005315 PROF & CONTRACTUAL SERVICES 1,033.62 IN000134551 08-005315 PROF & CONTRACTUAL SERVICES 943.74 Total : 7,993.18
212299 11/5/2024 002051 PSHRA 2682 FEES FOR SERVICES 420.00 Total : 420.00
212300 11/5/2024 007243 PUBLIC WORKS, LOS ANGELES COUNTY IN250000249 FEES FOR SERVICES 1,215.49 Total: 1,215.49
212301 11/5/2024 001313 QUINONEZ, MARIA 001313-113024 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
212302 11/5/2024 013453 RCX SPORTS LLC 000047254-1 08-005318 SUPPLIES EXPENSE 2,630.73 Total: 2,630.73
212303 11/5/2024 005067 ROADLINE 20541 06-010242 SUPPLIES EXPENSE 1,587.99 20574 06-010242 SUPPLIES EXPENSE 1,046.07
20584 06-010242 SUPPLIES EXPENSE 671.73
Total : 3,305.79
212304 11/5/2024 011595 ROSE EQUIPMENT REPAIR, INC. IN31995 06-010270 REPAIRS AND MAINTENANCE 2,074.45 Total: 2,074.45
212305 11/5/2024 008036 RUBIO'S TIRE SHOP 2079 06-010271 FLEET REPAIR & MAINTENANCE 20.00 2085 06-010271 FLEET REPAIR & MAINTENANCE 20.00
2086 06-010271 FLEET REPAIR & MAINTENANCE 20.00
2087 06-010271 FLEET REPAIR & MAINTENANCE 20.00
2088 06-010271 FLEET REPAIR & MAINTENANCE 40.00
2089 06-010271 FLEET REPAIR & MAINTENANCE 60.00
2090 06-010271 FLEET REPAIR & MAINTENANCE 20.00
Total: 200.00
Page: 24
32 vchlist Check List Page: 25
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212306 11/5/2024 000075 S & J SUPPLY CO. S100238847.001 06-010206 MATERIALS & SUPPLIES 3,681.15 Total: 3,681.15
212307 11/5/2024 005688 SA ASSOCIATES LBMULA-04 06-010143 PROF & CONTRACTUAL SERVICES 19,487 .75 Total: 19,487.75
212308 11/5/2024 010757 SALAZAR RIVERO, YUNUEE 010757-0921 FEES FOR SERVICES 250.00 010757-0928 FEES FOR SERVICES 250.00
Total: 500.00
212309 11/5/2024 008745 SAN FRANCISCO LAUNDRY 65986 FEES FOR SERVICES 360.87 65987 FEES FOR SERVICES 286.01
Total: 646.88
212310 11/5/2024 007205 SANCHEZ AWARDS 2044 01-001839 FEES FOR SERVICES 55.06 2321 FEES FOR SERVICES 154.35
2500 FEES FOR SERVICES 1,819.13
2516 FEES FOR SERVICES 402.41
2531 01-001839 FEES FOR SERVICES 104.73
2532 01-001839 FEES FOR SERVICES 110.25
2543 FEES FOR SERVICES 132.30
2551 FEES FOR SERVICES 178.61
2554 01-001839 FEES FOR SERVICES 214.99
Total: 3,171.83
212311 11/5/2024 013372 SECTRAN SECURITY INC 24060588 02-002692 FEES FOR SERVICES 515 .76 24090599 02-002692 FEES FOR SERVICES 509 .57
24100600 02-002692 FEES FOR SERVICES 509 .57
Total: 1,534.90
212312 11/5/2024 010635 SECURITY OF LOS ANGELES, INC 357990 FEES FOR SERVICES 385.00 Total: 385.00
212313 11/5/2024 010249 SHIPE, SHANELL 10221499155 REIMBURSEMENT-ITEMS 664.94 Total: 664.94
212314 11/5/2024 010249 SHIPE , SHANELL 010249-090524-1 REIMBURSEMENT- TRANSPORTATION 92.46 010249-092524-1 REIMBURSEMENT-TRANSPORTATION 198.88
Page: 25
33 vchlist Check List Page: 26
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212314 11/5/2024 010249 010249 SHIPE, SHANELL (Continued) Total: 291.34 212315 11/5/2024 014384 SINGLETON, EDWARD 92524 08-005322 PROF & CONTRACTUAL SERVICES 48.00 Total: 48.00
212316 11/5/2024 013223 SMARTCOVER SYSTEMS 32571 06-010284 PROF & CONTRACTUAL SERVICES 11,342.17 Total: 11,342.17
212317 11/5/2024 000515 SO.CA MUNI ATHLETIC FEDERATION INST2024-L YNWO FEES FOR SERVICES 220.00 Total: 220.00
212318 11/5/2024 008668 SOLACHE, JOSE LUIS 008668-113024 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
212319 11/5/2024 012692 SOTO, RITA 012692-113024 ELECTRONIC/MEDIA-AUTO EXPENSE 500.00 Total: 500.00
212320 11/5/2024 008956 SPCALA 202409 11-002348 ANIMAL SERVICE EXPENSE 34,860.00 Total: 34,860.00
212321 11/5/2024 007558 SUBSTANCES CONTROL, DEPARTMENT 24SM1092 11-002360 PROF & CONTRACTUAL SERVICES 24,729.89 Total: 24,729.89
212322 11/5/2024 002938 TAJ OFFICE SUPPLY 05648 SUPPLIES EXPENSE 137.47 05756 08-005287 SUPPLIES EXPENSE 99.14
05757 SUPPLIES EXPENSE 118.67
05789 SUPPLIES EXPENSE 394.45
05803 SUPPLIES EXPENSE 53.31
05808 SUPPLIES EXPENSE 16.68
Total: 819.72
212323 11/5/2024 013701 TAYLOR, LASHONDA 013701-093024 08-005300 PROF & CONTRACTUAL SERVICES 252.00 Total : 252.00
212324 11/5/2024 001211 THE BANK OF NEW YORK MELLON 252-2653305 ADMNISTRATIVE FEES 1,875.00 Total: 1,875.00
212325 11/5/2024 013215 THE HOME DEPOT PRO SUPPLY WORK 830856142 06-010210 SUPPLIES EXPENSE 3,138.82 Page: 26
34 vchlist Check List Page: 27
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212325 11/5/2024 013215 013215 THE HOME DEPOT PRO SUPPLY (Continued) Total: 3,138.82 212326 11/5/2024 013215 THE HOME DEPOT PRO SUPPLY WORK 826096794 06-010188 SUPPLIES EXPENSE 119.61 826314445 06-010188 SUPPLIES EXPENSE 425.35
827052994 06-010188 SUPPLIES EXPENSE 454.05
829719137 06-010188 SUPPLIES EXPENSE 250.92
829981133 06-010188 SUPPLIES EXPENSE 597.41
830188934 06-010188 SUPPLIES EXPENSE 121.23
830458402 06-010188 SUPPLIES EXPENSE 106.34
830654364 06-010188 SUPPLIES EXPENSE 79.80
830678959 06-010188 SUPPLIES EXPENSE 505.68
831158068 06-010188 SUPPLIES EXPENSE 99.20
Total: 2,759.59
212327 11/5/2024 013215 THE HOME DEPOT PRO SUPPLY WORK 828424051 06-010188 SUPPLIES EXPENSE 66.11 828672089 06-010188 SUPPLIES EXPENSE 80.73
829489491 06-010188 SUPPLIES EXPENSE 245.37
Total: 392.21
212328 11/5/2024 014396 TRAPP, TERESITA 003138-0115 REFUNDABLE DEPOSIT-EVENT 459.00 Total: 459.00
212329 11/5/2024 010066 TRI-WEST MECHANICAL, INC. 12559 06-010274 REPAIRS AND MAINT EXPENSE 446.12 Total: 446.12
212330 11/5/2024 007742 ULINE, INC. 183873938 06-010247 SUPPLIES EXPENSE 300.99 Total: 300.99
212331 11/5/2024 009742 UNIFIRST CORPORATION 2190241116 06-010212 UNIFORM SERVICE AND SUPPLIES 78.12 2190241117 06-010212 UNIFORM SERVICE AND SUPPLIES 63.62 2190241118 06-010212 UNIFORM SERVICE AND SUPPLIES 155.15 2190241119 06-010212 UNIFORM SERVICE AND SUPPLIES 116.11 2190241120 06-010212 UNIFORM SERVICE AND SUPPLIES 125.92 2190244308 06-010212 UNIFORM SERVICE AND SUPPLIES 78.12 2190244309 06-010212 UNIFORM SERVICE AND SUPPLIES 119.59 2190244310 06-010212 UNIFORM SERVICE AND SUPPLIES 163.26 2190244311 06-010212 UNIFORM SERVICE AND SUPPLIES 124.71 2190244312 06-010212 UNIFORM SERVICE AND SUPPLIES 125.92 Page: 27
35 vchlist Check List Page: 28
10/29/2024 3:50:47PM City of Lynwood
Bank code: apbank
Voucher Date Vendor Invoice PO# Description/Account Amount 212331 11/5/2024 009742 UNIFIRST CORPORATION (Continued) 2190247359 06-010212 UNIFORM SERVICE AND SUPPLIES 78.12 2190247360 06-010212 UNIFORM SERVICE AND SUPPLIES 63.13 2190247361 06-010212 UNIFORM SERVICE AND SUPPLIES 190.26 2190247362 06-010212 UNIFORM SERVICE AND SUPPLIES 158.18 2190247363 06-010212 UNIFORM SERVICE AND SUPPLIES 125.92 Total: 1,766.13
212332 11/5/2024 014391 VASCONEZ, PATRICIO 002924-0007 REFUNDABLE DEPOSIT-EVENT 310.00 Total: 310.00
212333 11/5/2024 014061 VCAANIMAL HOSPITALS INC 5869744779 11-002338 ANIMAL SERVICE EXPENSE 1,599.62 5869745369 11-002338 ANIMAL SERVICE EXPENSE 6,201.61
5869745371 11-002338 ANIMAL SERVICE EXPENSE 200.00
5869745374 11-002338 ANIMAL SERVICE EXPENSE 2,816.37
Total: 10,817.60
212334 11/5/2024 014116 W.G. ZIMMERMAN ENGINEERING INC 24-05-497 06-010288 PROF & CONTRACTUAL SERVICES 3,520.00 24-06-513 06-010288 PROF & CONTRACTUAL SERVICES 4,340.00 24-07-529 06-010288 PROF & CONTRACTUAL SERVICES 6,800.00 24-09-588 06-010288 PROF & CONTRACTUAL SERVICES 720.00
Total: 15,380.00
212335 11/5/2024 004013 WALTERS WHOLESALE ELECTRIC CO S126584643.001 06-010213 SUPPLIES EXPENSE 479.55 Total: 479.55
212336 11/5/2024 002912 WATERLINE TECHNOLOGIES .INC 5710994 06-010185 OPERATING SUPPLIES 455.44 5710995 06-010185 OPERATING SUPPLIES 894.02
5712002 06-010185 OPERATING SUPPLIES 499.30
5712003 06-010185 OPERATING SUPPLIES 910.89
5712884 06-010185 OPERATING SUPPLIES 455.44
5712885 06-010185 OPERATING SUPPLIES 607.26
5712886 06-010185 OPERATING SUPPLIES 978.36
Total: 4,800.71
212337 11/5/2024 007609 WILLDAN FINANCIAL SERVICES 010-59521 PROF & CONTRACTUAL SERVICES 1,250.00 010-59522 PROF & CONTRACTUAL SERVICES 1,250.00
Page: 28
36 vchlist
10/29/2024
Bank code:

Voucher
3:50:47PM
apbank
Date Vendor
Check List
City of Lynwood
Invoice
212337
212338
11/5/2024 007609 007609 WILLDAN FINANCIAL SERVICES (Continued) 212339
11/5/2024 013287 WINSTAR DONUTS
11/5/2024 008846 YANEZ, JACQUELINE
138 Vouchers for bank code :
138 Vouchers in this report
apbank
91 008846-0907
Page: 29
PO# Description/Account Amount
Total: 2,500.00
OFFICE EXPENSE 153.88
Total: 153.88
FEES FOR SERVICES 250.00
Total: 250.00
Bank total: 3,597,695.77
Total vouchers : 3,597,695.77
Page: 29
37 AGENDA STAFF REPORT

DATE:

November
5, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Julian Lee, City Manager
PREPARED BY:

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

TREASURER'S QUARTERLY REPORT
Agenda Item # 8.2.

Recommendation:

It is recommended that the City of Lynwood receive and file the Quarterly Investment Report highlighting the investment activity for the 1st quarter ending September 30, 2024.

Background:

Due to the crises caused by the Orange County Investment Pool, the State Legislature in 1995 enacted SB866. These laws were enacted as State Statutes to impose certain mandates regarding investments with public funds. The statutes have imposed the following mandates:

1 .

Annual adoption of an Investment Policy that incorporates changes mandated by the State.
2 .

Quarterly Investment Reports presented to the Legislative Body or Board Members. 3 .

Restriction on the use of certain investment instruments.

The purpose of the Treasurer's report is to update the City Council and the public of the status of the City's cash balances investments and highlight changes from one period to another.

This report includes reconciliation between cash and investment balances, a schedule of all investments, and a report providing information on all investment types, costs, interest rates, maturity dates and current market value.

Discussion and Analysis:

This quarterly report provides the City Council with updates of the City's financial status. As of September 30, 2024, the actual revenues collected in the general account were $45,340,660.

The revenues reported for the same period last year was $43,679,761. This represents a 4% City Council City Council Regular Meeting 38
increase in revenues received. Th
e actual expenditures expended in the general account for this period were $60,565,156. The expenditures
reported for the same period last year was
$49,483,045. This represents a 22% increase in expenditures reported.

It is the City's practice to buy and hold investments until maturity so changes in the market price do not affect the City's investment principal. 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.

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 $10,474,274 and earned $310,939 in interest. 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 debt 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 $840.00; Water Billing $600 and Recreation $40.

The total received from Urban Farming for the quarter is $84,547.48.

The market valuation is provided by Meeder Public Funds and all of the investments are in compliance with the California Government Code Sections 53600 et seq and the City's Investment Policy.

The market valuation is provided by Meeder Public Fund and all of the investments are in compliance with California Government Code Sections 53600 et seq. The investments held by Meeder earned a total of $184,894 for this quarter and a total of $361,371 for the fiscal year City Council City Council Regular Meeting 39
Summary Report - Sept. 2024.pdf
Meeder Investment Report - July 2024.pdf
Meeder Investment Report - August 2024.pdf
Meeder Investment Report - September 2024.pdf
Meeder Economist Report - Sept. 2024.pdf
beginning July 1, 2024.

The public's monies are safe, 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:

There is no fiscal impact associated with this report
Coordinated With:

Meeder Public Fund
ATTACHMENTS:

Description
City Council City Council Regular Meeting 40

AVERAGE
MARKET PERCENTAGE (%) DAYS TO

DESCRIPTION VALUE PORTFOLIO MATURITY
INVESTMENTS* 63,893,511.41$ 100% *
MONEY MARKET/CUSTODY HOLDINGS 9,607,887.43$
DEMAND DEPOSIT ACCOUNTS 18,124,117.87$

TOTAL AVERAGES 27,732,005.30$
TOTAL INVESTMENTS & AVERAGES* 91,625,516.71$
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
September 30, 2024

MASTER SUMMARY
September 2024
41 Quarter Ending Interest
Issuer Investment Balance Interest Rate
State of California LAIF 10,474,274.13$ 393,173.76 15-Jul-24 4.71% 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
September 30, 2024
LAIF Daily Yield 3.98% - Quarter to Date 3.80% - Average Days to Maturity 232 Total $161.6 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
September 2024
42 JULY AUGUST SEPTEMBER
Market Value $63,187,920 $63,584,774 $63,893,511
Book Value $63,571,445 $63,720,627 $63,902,658
Variance ($383,525) ($135,853) ($9,147)
Par Value $63,689,138 $64,121,201 $64,190,689
Net Asset Value $99.40 $99.79 $99.99
Book Yield 3.96% 4.23% 4.21%
Market Yield 4.57% 4.59% 4.36%
Years to Maturity 1 1.06 1.07
Effective Duration 0.84 0.94 0.94

JULY AUGUST SEPTEMBER
Total Earnings Per Month 94,667.46$ $81,809 184,894.93$ F/Y Earnings to Date 94,667.46$ 176,476.85$ 361,371.78$ Average Daily Balance 63,380,151.15$ 63,624,258.36$ 63,814,816.83$ F/Y Average Daily Balance 63,380,151.15$ 63,502,204.75$ 63,606,408.78$ Book Rate of Return 1.76% 1.51% 3.53%
F/Y Book Rate of Return 1.76% 1.64% 2.25%

JULY AUGUST SEPTEMBER
CD-FDIC 5,661,000.00$ 6,157,000.00$ 5,909,000.00$ Commercial Paper -$ -$ -$ Corporate Bonds 3,900,000.00$ 4,400,000.00$ 4,400,000.00$ LAIF 35,474,274.13$ 10,474,274.13$ 10,474,274.13$
Money Market Funds 617,864.00$ 1,761,926.88$ 1,079,414.87$ U.S. Agencies 11,841,000.00$ 9,841,000.00$ 10,841,000.00$ U.S. Treasuries 6,195,000.00$ 31,487,000.00$ 31,487,000.00$ TOTAL 63,689,138.13$ 64,121,201.01$ 64,190,689.00$
 Market Value - refers to the current price of an asset  Book Value - the original cost of an asset minus accumulated depreciation.  Variance - measure of volatility
 Par Value - stated value or face value of a financial instrument.  Net Asset Value - measures the value of a fund's assets, minus its liabilities.  Years to Maturity (YTM) - an estimate of the total rate of return anticipated to be earned by an investor who buys a bond at a given market price.
 Effective Duration - is a duration calculation for bonds that have embedded options. This measure of duration takes into account the fact that expected cash flows will fluctuate as interest rates change.
 Book Rate of Return - a measure of profitability to be compared to the required return

MARKET VALUE

INVESTMENTS SUMMARY

PORTFOLIO SUMMARY

AT A GLANCE

ACCOUNT SUMMARY
JULY - SEPTEMBER 2024
43 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 129,825.24$ 674.12$ 3,341.32$ JP Morgan Chase - Money Market Account 1,950,368.57$ 10,127.30$ 50,196.57$ JP Morgan Chase - Parking Enforcement 7,523,150.48$ 38,366.05$ 144,895.57$ US Bank - City of Lynwood 4,543.14$ 0.56$ 2.16$ Total 9,607,887.43$ 49,168.03$ 198,435.62$ Demand Deposits
General Account 3,457,816.63$
US Bank - Economic Development 13,685.17$
US Bank - Housing Authority A 92,860.84$
US Bank - Housing Authority B 18,000.09$
US Bank - City HCDA 150,518.11$
US Bank - City Home Program 1,020,153.96$
US Bank - Taxable Tabs 2,611,325.52$
US Bank - Lyn Tr. Center Unf Wrkr 2,791.24$
US Bank - Money Market Account 49,028.48$
US Bank - US Dept. of HUD/Section 108 170,048.96$
US Bank - RORF Successor Agency 5,383,216.46$
US Bank - Low Mod Housing Trst Fnd/Rogel 4,783,522.34$
US Bank - Lynwood Disaster Relief Fund 5,000.00$
US Bank - Settlement Remittance Fund 340,637.36$
US Bank - Housing Authority 25,512.71$
Total 18,124,117.87$
Money Market Fund - A Money Market fund is a type of mutual fund that invest in short term debt securities of agenies of the U.S. Government, banks, corporations and U.S. Treasury Bills.

Some advantages of a money market fund over savings and CDs are high liquidity, low risk, and competive yields.

The City currently has a total of five MMA accounts within the City's investment portfolio.

Certificate of Deposit - A Certificate of Deposit or CD, is a time deposit. They are similar to savings accounts in that they are insured and relatively risk-free. They are different from savings accounts in that they usually are for a fixed term and a fixed interest rae. CDs are inteded to be held until maturity, at which time, the money may be withdrawn together with the accrued interest. The City currently has one CD within the City's investment portfolio
Demand Deposits - Also known as "cash in the bank", this is the balance of the City's checking account with US Bank, from which virtually all obligations are paid.

CITY OF LYNWOOD

QUARTERLY INVESTMENT REPORT
September 30, 2024
44 PAR MARKET BOOK % OF

INVESTMENTS VALUE VALUE VALUE PORTFOLIO
*Money Market Funds 1,079,414.87$ 1,079,414.87$ 1,079,414.87$ 1.69% LAIF 10,474,274.13$ 10,474,274.13$ 10,474,274.13$ 16.39% Corporate Notes 4,400,000.00$ 4,422,103.00$ 4,389,121.34$ 6.87% Commercial Paper -$ -$ -$ 0.00% Federal Agency 10,841,000.00$ 10,838,706.26$ 10,804,623.47$ 16.91% Treasury Coupon Securities 31,487,000.00$ 31,161,961.03$ 31,249,497.74$ 48.90% CD-FDIC 5,909,000.00$ 5,917,052.12$ 5,905,726.69$ 9.24% TOTAL 64,190,689.00$ 63,893,511.41$ 63,902,658.24$ 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) 129,825.24$ N/A 3,341.32$ JP Morgan Chase - Money Market Account 1,950,368.57$ N/A 50,196.57$ JP Morgan Chase - Parking Enforcement 7,523,150.48$ N/A 144,895.57$ US Bank - City of Lynwood 4,543.14$ N/A 2.16$ TOTAL 9,607,887.43$ 198,435.62$
Corporate Checking Accounts Balance
General Account 3,457,816.63$
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 92,860.84$
US Bank - Housing Authority B 18,000.09$
US Bank - Lyn Tr. Center Unf Wrkr 2,791.24$
US Bank - City of Lynwood 49,028.48$
US Bank - RORF Successor Agency 5,383,216.46$
US Bank - Low Mod Housing Trst Fnd/Rogel 4,783,522.34$
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 25,512.71$
TOTAL 18,124,117.87$

CITY OF LYNWOOD

QUARTERLY REPORT
September 30, 2024

PORTFOLIO SUMMARY
September 2024
45 Jan - Mar Apr - June July - Sept Oct - Dec
Investments Managed by Main Street 37,213,046.55 62,537,926.20 63,893,511.41 $36,817,582.81 Demand Deposits/MM//Custody 66,777,008.37 44,071,478.88 27,732,005.30 $56,945,678.09 Per Treasurer's Reports 103,990,054.92 $106,609,405.08 91,625,516.71 $93,763,260.90 Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account* 18,682,308.78 6,788,672.30 16,561,048.21$ 8,909,932.87$ *Local Agency Investment Fund 35,081,100.37$ 393,173.76 -$ 35,474,274.13$ US Bank - RORF - Successor Agency 6,771,224.85 250,000.00$ 6,521,224.85$ US Bank - Low Mod Housing Trust 4,799,709.84 525 4,799,184.84$ TOTAL REVENUE & EXPENDITURE 7,181,846.06$ 16,811,573.21$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account* 8,909,932.87$ 30,892,748.25 33,042,663.36$ 6,760,017.76$ *Local Agency Investment Fund 35,474,274.13$ -$ 25,000,000.00 10,474,274.13$ US Bank - RORF - Successor Agency 6,521,224.85$ -$ 23,010.00 6,498,214.85$ US Bank - Low Mod Housing Trust 4,799,184.84$ -$ 15,662.50 4,783,522.34$ TOTAL REVENUE & EXPENDITURE 30,892,748.25$ 58,081,335.86$ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account 6,760,017.76$ 7,659,239.58 10,961,440.71$ 3,457,816.63$ *Local Agency Investment Fund 10,474,274.13$ -$ -$ 10,474,274.13$ US Bank - RORF - Successor Agency 6,498,214.85$ 1,114,998.39$ 5,383,216.46$ US Bank - Low Mod Housing Trust 4,783,522.34$ -$ 4,783,522.34$ TOTAL REVENUE & EXPENDITURE 7,659,239.58$ 12,076,439.10 QUARTERLY TOTAL OF DEBITS/CREDITS 45,733,833.89$ 86,969,348.17$ *Most Active Accounts
*Funds transferred from LAIF account to the general account to cover expenditures

BALANCES PER QUARTER
2024 2023
Jul-24
Aug-24
Sep-24

CITY OF LYNWOOD

QUARTERLY REPORT
September 30, 2024

MONTHLY BALANCES PER STATEMENT

DEMAND DEPOSIT ACCOUNTS - MOST ACTIVE
46 LARGE CHECKS
1ST QUARTER
Check # Issuance
Amount of
Check
211561 BRIGHT LANDSCAPE DEVELOPMENT INC 270,414.48$
211582 DBX INC 160,456.77$
211593 L.A. COUNTY SHERIFF DEPT 1,106,468.43$
211621 TORRES SANITA SYSTEMS CONSTRUCTION 353,415.91$
211628 WASTE RESOURCES INC. 205,066.11$
211637 WATER REPLENISHMENT DISTRICT OF SO 169,542.63$
211703 WATER REPLENISHMENT DISTRICT OF SO 317,372.67$
211721 ALVAREZ-GLASMAN & COLVIN 106,102.91$
211728 AQUA METRIC SALES CO 264,353.36$
211755 CALIFORNIA LANDSCAPE & DESIGN INC. 130,801.61$
211780 IWATER INC. 297,135.00$
211787 L.A. COUNTY SHERIFF DEPT 1,127,916.08$
211788 BRIGHTVIEW LANDSCAPE DEVELOPMENT INC 2,358,400.99$ 211807 NATIONWIDE ENVIRONMENTAL SVCS. 122,670.72$
211813 PARKING COMPANY OF AMERICA 139,753.28$
211864 NORTH STAR LAND CARE 136,315.00$
211865 VIGILANT SOLUTIONS LLC 144,417.50$
211880 SOUTHERN CALIFORNIA EDISON 112,992.99$
7,523,596.44$
47 Run Date: 8/6/2024 - 3:38 PM
Amortizing Page 2
Portfolio Summary
City of Lynwood 7/31/2024

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)

ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 7/31/24 6/30/24 Issuer % Portfolio
Market Value $63,187,920 $62,537,926 LAIF 55.8%
Book Value $63,571,445 $63,121,503 U.S. Treasury 9.7%
Variance -$383,526 -$583,577 FHLB 9.5%
FFCB 5.9%
Par Value $63,689,138 $63,252,032 FHLMC 2.4%
Goldman Sachs Govt MMF 1.0%
Net Asset Value $99.40 $99.08 FNMA 0.8%
MetLife 0.8%
Book Yield 3.96% 3.94% Apple 0.8%
State Street Corp 0.8%
Market Yield 4.57% 4.66% Unilever Capital Corp 0.8%
3M 0.8%
Years to Maturity 1.00 0.97 Toyota 0.6%
Exxon Mobil 0.4%
Effective Duration 0.84 0.82 New York Life 0.4%
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
Apr-24
May-24
Jun-24
Jul-24

2.40%

2.60%

2.80%

3.00%

3.20%

3.40%

3.60%

3.80%

4.00%

4.20%

1.0%

6.1%

8.9%

9.7%

18.6%

55.8%
MMF
CORP
CD
TSY
AGY
LAIF
100%75%50%25%0%

63.8%

12.2%

8.7% 9.1% 6.3%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%

64.7%

0.8%

0.4%

2.6%

0.8%

0.4%

30.4%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 48
Run Date: 8/6/2024 - 3:38 PM
Amortizing Page 3
Investment Policy Compliance
City of Lynwood 7/31/2024
Category Book Value % of Portfolio Allowed by Policy In ComplianceReserved row US Treasuries 6,139,600.97 9.66% 100% Yes
US Federal Agencies 11,800,812.74 18.56% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 35,474,274.13 55.80% $75,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 617,864.00 0.97% 20% Yes
Negotiable Certificates of Deposit 5,657,821.63 8.90% 30% Yes Corporate Obligations 3,881,071.88 6.11% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 63,571,445.35 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.00 Less than 3.0 Years Yes
Liquidity 63.78% 30% Under 365 Days Yes
Ratings Yes
3 49
Run Date: 8/6/2024 - 3:38 PM
Amortizing Page 10
Top 40 Issuer Allocations
City of Lynwood 7/31/2024

0.3%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.6%

0.8%

0.8%

0.8%

0.8%

0.8%

0.8%

1.0%

2.4%

5.9%

9.5%

9.7%

55.8%
American Express National Bank
Bank Hapoalim
Wells Fargo
CIBC Bank USA
BMO Harris Bank NA
Morgan Stanley Bank
United Fidelity Bank FSB
Ally Bank
CFBank
Capital One Bank USA
Capital One Bank NA
BMW Bank
First National Bank of Michigan
First National Bank
First Missouri State Bank
EagleBank
Discover Bank
Bank Five Nine
State Bank of India
Morgan Stanley Private Bank
Toyota Financial Savings Bank
Synchrony Bank
UBS Bank USA
Amazon
Charles Schwab
New York Life
Exxon Mobil
Toyota
3M
Unilever Capital Corp
State Street Corp
Apple
MetLife
FNMA
Goldman Sachs Govt MMF
FHLMC
FFCB
FHLB
U.S. Treasury
LAIF
60%50%40%30%20%10%0%
10 50
Portfolio Summary
City of Lynwood July 31, 2024
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 5,661,000.00 5,657,821.63 8.90 3.48 993 5,555,993.52 Corporate Bonds 3,900,000.00 3,881,071.88 6.11 3.97 744 3,861,671.00 LAIF 35,474,274.13 35,474,274.13 55.80 4.49 1 35,474,274.13 Money Market Funds 617,864.00 617,864.00 0.97 5.21 1 617,864.00 U.S. Agencies 11,841,000.00 11,800,812.74 18.56 3.71 886 11,730,252.20 U.S. Treasuries 6,195,000.00 6,139,600.97 9.66 1.66 701 5,947,864.65 63,571,445.35 100.00 367 63,187,919.50 3.96 63,689,138.13 Investments
July 31 Month Ending Fiscal Year To DateTotal Earnings
Current Year 94,667.46 94,667.46
Average Daily Balance 63,380,151.15 63,380,151.15
Book Rate of Return 1.76% 1.76%
Run Date: 8/6/2024 - 3:39 PM
Amortizing
15 51
Holdings Report
City of Lynwood July 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 99.57 246,928.37 0.39% NR/NR 0.1209/13/2024 -1,071.63 NR 0.12 1,772.35 1.85% 248,000.00 5.45%1.850% 27002YFE1 248,000.00EagleBank 08/18/2022 248,000.00 98.25 243,667.87 0.39% NR/NR 1.0508/18/2025 -4,332.13 NR 1.01 313.91 3.30% 248,000.00 5.02%3.300% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 94.94 235,444.19 0.39% NR/NR 1.1509/25/2025 -12,555.81 NR 1.14 438.25 0.50% 248,000.00 5.09%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 93.74 232,462.85 0.39% NR/NR 1.7404/27/2026 -15,537.15 NR 1.72 652.27 1.00% 248,000.00 4.80%1.000% 02007GUP6 248,000.00Ally Bank 07/07/2022 248,000.00 97.56 241,958.52 0.39% NR/NR 1.9307/07/2026 -6,041.48 NR 1.85 569.04 3.35% 248,000.00 4.68%3.350% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 93.04 230,738.77 0.39% NR/NR 1.9607/15/2026 -17,261.23 NR 1.93 109.73 0.95% 248,000.00 4.72%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 92.78 230,098.67 0.39% NR/NR 2.0308/11/2026 -17,901.33 NR 1.99 135.55 0.95% 248,000.00 4.70%0.950% 15721UFP9 248,000.00CFBank 03/15/2023 248,000.00 100.33 248,812.62 0.39% NR/NR 2.1309/15/2026 812.62 NR 1.96 548.66 4.75% 248,000.00 4.59%4.750%
32117BFR4 248,000.00First National Bank 03/23/2023 248,000.00 99.87 247,677.60 0.39% NR/NR 2.1509/23/2026 -322.40 NR 1.98 305.75 5.00% 248,000.00 5.06%5.000%
910286GM9 248,000.00United Fidelity Bank FSB 06/29/2023 247,546.16 100.11 248,283.73 0.39% NR/NR 2.9106/29/2027 613.94 NR 2.69 92.75 4.60% 247,669.79 4.51%4.550%
254673L38 248,000.00Discover Bank 07/07/2022 248,000.00 96.71 239,835.24 0.39% NR/NR 2.9307/06/2027 -8,164.76 NR 2.76 600.64 3.40% 248,000.00 4.61%3.400% 14042RST9 248,000.00Capital One Bank NA 07/07/2022 248,000.00 96.84 240,169.61 0.39% NR/NR 2.9307/07/2027 -7,830.39 NR 2.76 586.03 3.45% 248,000.00 4.61%3.450% 14042TJD0 248,000.00Capital One Bank USA 08/03/2022 248,000.00 97.09 240,781.02 0.39% NR/NR 3.0108/03/2027 -7,218.98 NR 2.78 4,341.70 3.55% 248,000.00 4.60%3.550% 61768ELH4 248,000.00Morgan Stanley Private Bank 08/04/2022 248,000.00 96.95 240,427.49 0.39% NR/NR 3.0108/04/2027 -7,572.51 NR 2.78 4,256.77 3.50% 248,000.00 4.60%3.500% 87164XN93 248,000.00Synchrony Bank 08/05/2022 248,000.00 96.88 240,259.47 0.39% NR/NR 3.0108/05/2027 -7,740.53 NR 2.79 4,232.99 3.50% 248,000.00 4.62%3.500% 02589ADQ2 205,000.00American Express National Bank 08/12/2022 203,975.00 96.72 198,284.33 0.32% NR/NR 3.0308/10/2027 -6,094.71 NR 2.80 3,352.17 3.56% 204,379.04 4.62%3.450% 32114VCH8 248,000.00First National Bank of Michigan 03/15/2023 248,000.00 100.54 249,334.87 0.39% NR/NR 3.6203/15/2028 1,334.87 NR 3.25 531.33 4.60% 248,000.00 4.44%4.600% 61690U3C2 248,000.00Morgan Stanley Bank 03/16/2023 247,454.40 101.16 250,869.25 0.39% NR/NR 3.6303/16/2028 3,264.64 NR 3.23 4,500.69 4.85% 247,604.61 4.45%4.800% 062119BK7 248,000.00Bank Five Nine 03/20/2023 248,000.00 100.71 249,769.58 0.39% NR/NR 3.6403/20/2028 1,769.58 NR 3.26 379.13 4.65% 248,000.00 4.44%4.650% Run Date: 8/6/2024 - 3:39 PM
Amortizing
16 52
Holdings Report
City of Lynwood July 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 99.71 247,273.24 0.39% NR/NR 3.7905/16/2028 -307.28 NR 3.43 2,275.82 4.40% 247,580.53 4.43%4.350% 05600XQE3 248,000.00BMO Harris Bank NA 05/17/2023 247,449.44 100.23 248,563.84 0.39% NR/NR 3.7905/16/2028 981.43 NR 3.42 2,354.30 4.55% 247,582.41 4.43%4.500% 949764HK3 248,000.00Wells Fargo Bank NA 11/07/2023 247,451.92 102.53 254,281.71 0.39% NR/NR 4.2711/07/2028 6,749.70 NR 3.75 857.81 5.10% 247,532.02 4.40%5.050% 06251A6Z8 248,000.00Bank Hapoalim 05/21/2024 247,451.92 100.83 250,070.66 0.39% NR/NR 4.8105/21/2029 2,597.43 NR 4.23 2,250.35 4.65% 247,473.23 4.40%4.600% 5,656,775.80 5,555,993.52 8.90% 2.72
5,657,821.63 3.48% 5,661,000.00 4.66% 35,457.99 -101,828.11 2.50Total Certificates of Deposit Corporate Bonds
64952WDL4 250,000.00New York Life 01/22/2020 249,102.50 98.44 246,097.50 0.39% Aaa/AA+ 0.4801/22/2025 -3,817.24 AAA 0.46 125.00 2.08% 249,914.74 5.34%2.000% 88579YBH3 500,000.003M 09/07/2022 476,510.00 98.14 490,705.00 0.78% A3/BBB+ 0.5402/14/2025 -4,125.59 A- 0.52 4,638.89 4.04% 494,830.59 5.57%2.000% 30231GBH4 250,000.00Exxon Mobil 06/22/2020 272,752.50 98.65 246,612.50 0.40% Aa2/AA- 0.6303/19/2025 -6,426.50 NR 0.60 2,742.67 0.99% 253,039.00 5.19%2.992% 02/19/2025 59217GFC8 500,000.00MetLife 08/25/2022 499,380.00 98.92 494,620.00 0.79% Aa3/AA- 1.0708/25/2025 -5,159.56 AA- 1.01 8,775.00 4.09% 499,779.56 5.10%4.050% 037833BY5 500,000.00Apple 08/25/2022 496,085.00 97.91 489,560.00 0.78% Aaa/AA+ 1.5702/23/2026 -8,691.01 NR 1.43 7,131.94 3.49% 498,251.01 4.65%3.250% 857477CL5 500,000.00State Street Corp 04/22/2024 496,675.00 100.81 504,065.00 0.78% A1/A 2.6303/18/2027 7,075.30 AA- 2.35 9,223.18 5.24% 496,989.70 4.66%4.993% 02/18/2027 808513BW4 250,000.00Charles Schwab 04/12/2022 249,407.50 96.11 240,272.50 0.39% A2/A- 2.6704/01/2027 -9,409.56 A 2.43 2,750.00 3.35% 249,682.06 4.87%3.300% 023135CF1 250,000.00Amazon 06/09/2022 248,005.00 96.77 241,912.50 0.39% A1/AA 2.7004/13/2027 -6,975.61 AA- 2.49 2,475.00 3.48% 248,888.11 4.59%3.300% 89236TKQ7 400,000.00Toyota Motor Credit 04/19/2024 392,900.00 100.22 400,896.00 0.62% A1/A+ 3.4501/12/2028 7,456.76 A+ 3.14 976.39 5.15% 393,439.24 4.55%4.625% 904764BS5 500,000.00Unilever Capital Corp 09/22/2023 495,475.00 101.39 506,930.00 0.78% A1/A+ 4.1109/08/2028 10,672.12 NR 3.58 9,682.29 5.08% 496,257.88 4.50%4.875% 3,876,292.50 3,861,671.00 6.10% 2.04
3,881,071.88 3.97% 3,900,000.00 4.89% 48,520.36 -19,400.89 1.84Total Corporate Bonds Run Date: 8/6/2024 - 3:39 PM
Amortizing
17 53
Holdings Report
City of Lynwood July 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 35,474,274.13LAIF 07/15/2024 35,474,274.13 1.00 35,474,274.13 55.80% NR/NR 0.0008/01/2024

0.00 NR 0.00 0.00 4.49% 35,474,274.13 4.49%4.490%
35,474,274.13 35,474,274.13 55.80% 0.00
35,474,274.13 4.49% 35,474,274.13 4.49% 0.00 0.00 0.00Total LAIF Money Market Funds
FGTXX 617,864.00Goldman Sachs Govt MMF 617,864.00 1.00 617,864.00 0.97% Aaa/AAA 0.0008/01/2024

0.00 NR 0.00 4,110.06 5.21% 617,864.00 5.21%5.212%
617,864.00 617,864.00 0.97% 0.00
617,864.00 5.21% 617,864.00 5.21% 4,110.06 0.00 0.00Total Money Market Funds U.S. Agencies
3133ENG20 1,000,000.00FFCB 08/18/2022 998,300.00 99.92 999,170.00 1.57% Aaa/AA+ 0.0408/15/2024 -796.81 AA+ 0.04 15,216.67 3.39% 999,966.81 5.00%3.300% 3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 99.17 198,342.00 0.31% Aaa/AA+ 0.2110/16/2024 -1,590.05 AA+ 0.20 875.00 1.67% 199,932.05 5.43%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 98.41 492,045.00 0.80% Aaa/AA+ 0.6203/14/2025 -13,726.19 AA+ 0.59 4,519.10 0.49% 505,771.19 5.01%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 95.48 477,390.00 0.79% Aaa/AA+ 1.0308/12/2025 -22,610.00 AA+ 1.02 1,131.94 0.50% 500,000.00 5.06%0.500% 02/18/2022 3130ASYR4 2,000,000.00FHLB 08/30/2022 2,000,000.00 99.41 1,988,140.00 3.15% Aaa/AA+ 1.0808/28/2025 -11,860.00 AA+ 0.95 34,000.00 4.00% 2,000,000.00 4.57%4.000% 08/28/2024 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 95.19 475,930.00 0.79% Aaa/AA+ 1.1509/23/2025 -23,490.23 AA+ 1.11 666.67 0.48% 499,420.23 4.75%0.375% 3130AXU63 1,000,000.00FHLB 11/17/2023 998,230.00 100.73 1,007,290.00 1.57% Aaa/AA+ 2.3011/17/2026 8,643.72 AA+ 2.13 9,506.94 4.69% 998,646.28 4.29%4.625% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 93.04 465,185.00 0.79% Aaa/AA+ 2.4212/30/2026 -34,815.00 AA+ 2.32 589.86 1.37% 500,000.00 4.44%1.370% 09/30/2024 3130AL5A8 500,000.00FHLB 02/09/2023 438,340.00 91.77 458,835.00 0.72% Aaa/AA+ 2.5802/26/2027 -2,019.15 AA+ 2.47 1,937.50 4.25% 460,854.15 4.32%0.900% 08/26/2024 3130ARTT8 600,000.00FHLB 05/19/2022 600,000.00 98.84 593,064.00 0.94% Aaa/AA+ 2.8005/19/2027 -6,936.00 AA+ 1.26 4,500.00 3.75% 600,000.00 4.19%3.750% 08/19/2024 3130AT2L0 1,000,000.00FHLB 08/30/2022 1,000,000.00 98.42 984,200.00 1.57% Aaa/AA+ 3.0708/25/2027 -15,800.00 AA+ 1.78 17,550.00 4.05% 1,000,000.00 4.61%4.050% 08/25/2024 Run Date: 8/6/2024 - 3:39 PM
Amortizing
18 54
Holdings Report
City of Lynwood July 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
3134GYUE0 1,000,000.00FHLMC 06/30/2023 1,000,000.00 99.89 998,920.00 1.57% Aaa/AA+ 3.9106/28/2028 -1,080.00 AA+ 0.16 5,500.00 6.00% 1,000,000.00 6.03%6.000% 08/28/2024 3133EPZN8 1,000,000.00FFCB 10/24/2023 998,880.00 103.45 1,034,520.00 1.57% Aaa/AA+ 4.2410/24/2028 35,467.64 AA+ 3.72 13,472.22 5.03% 999,052.36 4.10%5.000% 3133EP5U5 541,000.00FFCB 04/19/2024 526,955.64 100.32 542,731.20 0.83% Aaa/AA+ 4.6403/20/2029 14,966.68 AA+ 4.09 8,120.64 4.72% 527,764.52 4.05%4.125% 3133ERKJ9 1,000,000.00FFCB 07/15/2024 1,009,490.00 101.45 1,014,490.00 1.59% Aaa/AA+ 4.9307/05/2029 5,084.83 AA+ 4.35 3,159.72 4.16% 1,009,405.17 4.05%4.375% 11,807,400.64 11,730,252.20 18.56% 2.43
11,800,812.74 3.71% 11,841,000.00 4.63% 120,746.26 -70,560.56 1.76Total U.S. Agencies U.S. Treasuries
912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 98.76 987,610.00 1.58% Aaa/AA+ 0.3311/30/2024 -15,943.83 AA+ 0.32 2,540.98 0.43% 1,003,553.83 5.27%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 96.24 481,205.00 0.78% Aaa/AA+ 0.8305/31/2025 -16,999.65 AA+ 0.81 211.75 0.69% 498,204.65 4.91%0.250% 91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 94.58 945,780.00 1.57% Aaa/AA+ 1.3311/30/2025 -51,005.61 AA+ 1.30 635.25 0.62% 996,785.61 4.61%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 94.01 470,040.00 0.78% Aaa/AA+ 1.5001/31/2026 -28,263.19 AA+ 1.46 5.10 0.60% 498,303.19 4.55%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 93.62 936,210.00 1.57% Aaa/AA+ 1.8305/31/2026 -64,688.59 AA+ 1.77 1,270.49 0.70% 1,000,898.59 4.41%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 93.03 465,135.00 0.78% Aaa/AA+ 2.1709/30/2026 -31,778.58 AA+ 2.09 1,470.29 1.17% 496,913.58 4.28%0.875% 91282CFU0 565,000.00U.S. Treasury 05/23/2024 556,811.91 100.04 565,197.75 0.88% Aaa/AA+ 3.2510/31/2027 7,936.02 AA+ 2.97 5,889.89 4.58% 557,261.73 4.11%4.125% 91282CGC9 630,000.00U.S. Treasury 03/03/2023 616,587.89 99.31 625,671.90 0.98% Aaa/AA+ 3.4212/31/2027 5,160.74 AA+ 3.14 2,122.83 4.37% 620,511.16 4.09%3.875% 9128286B1 500,000.00U.S. Treasury 02/21/2024 463,984.38 94.20 471,015.00 0.73% Aaa/AA+ 4.5502/15/2029 3,846.37 AA+ 4.15 6,057.69 4.24% 467,168.63 4.03%2.625% 6,143,927.15 5,947,864.65 9.66% 1.92
6,139,600.97 1.66% 6,195,000.00 4.54% 20,204.27 -191,736.32 1.81Total U.S. Treasuries Run Date: 8/6/2024 - 3:39 PM
Amortizing
19 55
Holdings Report
City of Lynwood July 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
63,576,534.22 63,187,919.50 100.00% 1.00
229,038.94 -383,525.88 0.84 4.57% 63,571,445.35 3.96% 63,689,138.13TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 63,416,958.44 Run Date: 8/6/2024 - 3:39 PM
Amortizing
20 56
Maturity Report
City of Lynwood July 31, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 5.212% 1Goldman Sachs Govt MMF 617,864.00 08/01/2024 1 5.21% 617,864.00 617,864.00 9819499 4.490% 1LAIF 05/18/2020 35,474,274.13 08/01/2024 1 4.49% 35,474,274.13 35,474,274.13 3133ENG20 3.300% 713FFCB 08/18/2022 999,966.81 08/15/2024 15 3.39% 1,000,000.00 999,170.00 32100LCB9 1.850% 1,783First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 44 1.85% 248,000.00 246,928.37 3133EK3B0 1.500% 1,749FFCB 10/17/2019 199,932.05 10/16/2024 77 1.67% 200,000.00 198,342.00 912828YV6 1.500% 1,105U.S. Treasury 07/22/2021 1,003,553.83 11/30/2024 122 0.43% 1,000,000.00 987,610.00 64952WDL4 2.000% 1,652New York Life 01/22/2020 249,914.74 01/22/2025 175 2.08% 250,000.00 246,097.50 88579YBH3 2.000% 6933M 09/07/2022 494,830.59 02/14/2025 198 4.04% 500,000.00 490,705.00 3130A4CH3 2.375% 1,393FHLB 10/07/2020 505,771.19 03/14/2025 226 0.49% 500,000.00 492,045.00 30231GBH4 2.992% 1,500Exxon Mobil 06/22/2020 253,039.00 03/19/2025 231 0.99% 250,000.00 246,612.50 912828ZT0 0.250% 1,128U.S. Treasury 06/29/2021 498,204.65 05/31/2025 304 0.69% 500,000.00 481,205.00 3136G4H71 0.500% 1,443FNMA 08/18/2020 500,000.00 08/12/2025 377 0.50% 500,000.00 477,390.00 27002YFE1 3.300% 713EagleBank 08/18/2022 248,000.00 08/18/2025 383 3.30% 248,000.00 243,667.87 59217GFC8 4.050% 706MetLife 08/25/2022 499,779.56 08/25/2025 390 4.09% 500,000.00 494,620.00 3130ASYR4 4.000% 701FHLB 08/30/2022 2,000,000.00 08/28/2025 393 4.00% 2,000,000.00 1,988,140.00 3137EAEX3 0.375% 1,380FHLMC 10/20/2020 499,420.23 09/23/2025 419 0.48% 500,000.00 475,930.00 05580AXF6 0.500% 1,405BMW Bank 09/25/2020 248,000.00 09/25/2025 421 0.50% 248,000.00 235,444.19 91282CAZ4 0.375% 1,105U.S. Treasury 07/22/2021 996,785.61 11/30/2025 487 0.62% 1,000,000.00 945,780.00 91282CBH3 0.375% 1,252U.S. Treasury 02/25/2021 498,303.19 01/31/2026 549 0.60% 500,000.00 470,040.00 037833BY5 3.250% 706Apple 08/25/2022 498,251.01 02/23/2026 572 3.49% 500,000.00 489,560.00 856283S98 1.000% 1,191State Bank of India 04/27/2021 248,000.00 04/27/2026 635 1.00% 248,000.00 232,462.85 91282CCF6 0.750% 1,105U.S. Treasury 07/22/2021 1,000,898.59 05/31/2026 669 0.70% 1,000,000.00 936,210.00 02007GUP6 3.350% 755Ally Bank 07/07/2022 248,000.00 07/07/2026 706 3.35% 248,000.00 241,958.52 89235MLC3 0.950% 1,112Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 714 0.95% 248,000.00 230,738.77 90348JR93 0.950% 1,085UBS Bank USA 08/11/2021 248,000.00 08/11/2026 741 0.95% 248,000.00 230,098.67 15721UFP9 4.750% 504CFBank 03/15/2023 248,000.00 09/15/2026 776 4.75% 248,000.00 248,812.62 32117BFR4 5.000% 496First National Bank 03/23/2023 248,000.00 09/23/2026 784 5.00% 248,000.00 247,677.60 91282CCZ2 0.875% 1,016U.S. Treasury 10/19/2021 496,913.58 09/30/2026 791 1.17% 500,000.00 465,135.00 3130AXU63 4.625% 257FHLB 11/17/2023 998,646.28 11/17/2026 839 4.69% 1,000,000.00 1,007,290.00 3130AQEC3 1.370% 944FHLB 12/30/2021 500,000.00 12/30/2026 882 1.37% 500,000.00 465,185.00 3130AL5A8 0.900% 538FHLB 02/09/2023 460,854.15 02/26/2027 940 4.25% 500,000.00 458,835.00 857477CL5 4.993% 100State Street Corp 04/22/2024 496,989.70 03/18/2027 960 5.24% 500,000.00 504,065.00 808513BW4 3.300% 841Charles Schwab 04/12/2022 249,682.06 04/01/2027 974 3.35% 250,000.00 240,272.50 023135CF1 3.300% 783Amazon 06/09/2022 248,888.11 04/13/2027 986 3.48% 250,000.00 241,912.50 3130ARTT8 3.750% 804FHLB 05/19/2022 600,000.00 05/19/2027 1,022 3.75% 600,000.00 593,064.00 910286GM9 4.550% 398United Fidelity Bank FSB 06/29/2023 247,669.79 06/29/2027 1,063 4.60% 248,000.00 248,283.73 Run Date: 8/6/2024 - 3:40 PM
Amortizing
21 57
Maturity Report
City of Lynwood July 31, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
254673L38 3.400% 755Discover Bank 07/07/2022 248,000.00 07/06/2027 1,070 3.40% 248,000.00 239,835.24 14042RST9 3.450% 755Capital One Bank NA 07/07/2022 248,000.00 07/07/2027 1,071 3.45% 248,000.00 240,169.61 14042TJD0 3.550% 728Capital One Bank USA 08/03/2022 248,000.00 08/03/2027 1,098 3.55% 248,000.00 240,781.02 61768ELH4 3.500% 727Morgan Stanley Private Bank 08/04/2022 248,000.00 08/04/2027 1,099 3.50% 248,000.00 240,427.49 87164XN93 3.500% 726Synchrony Bank 08/05/2022 248,000.00 08/05/2027 1,100 3.50% 248,000.00 240,259.47 02589ADQ2 3.450% 719American Express National Bank 08/12/2022 204,379.04 08/10/2027 1,105 3.56% 205,000.00 198,284.33 3130AT2L0 4.050% 701FHLB 08/30/2022 1,000,000.00 08/25/2027 1,120 4.05% 1,000,000.00 984,200.00 91282CFU0 4.125% 69U.S. Treasury 05/23/2024 557,261.73 10/31/2027 1,187 4.58% 565,000.00 565,197.75 91282CGC9 3.875% 516U.S. Treasury 03/03/2023 620,511.16 12/31/2027 1,248 4.37% 630,000.00 625,671.90 89236TKQ7 4.625% 103Toyota Motor Credit 04/19/2024 393,439.24 01/12/2028 1,260 5.15% 400,000.00 400,896.00 32114VCH8 4.600% 504First National Bank of Michigan 03/15/2023 248,000.00 03/15/2028 1,323 4.60% 248,000.00 249,334.87 61690U3C2 4.800% 503Morgan Stanley Bank 03/16/2023 247,604.61 03/16/2028 1,324 4.85% 248,000.00 250,869.25 062119BK7 4.650% 499Bank Five Nine 03/20/2023 248,000.00 03/20/2028 1,328 4.65% 248,000.00 249,769.58 12547CBJ6 4.350% 441CIBC Bank USA 05/17/2023 247,580.53 05/16/2028 1,385 4.40% 248,000.00 247,273.24 05600XQE3 4.500% 441BMO Harris Bank NA 05/17/2023 247,582.41 05/16/2028 1,385 4.55% 248,000.00 248,563.84 3134GYUE0 6.000% 397FHLMC 06/30/2023 1,000,000.00 06/28/2028 1,428 6.00% 1,000,000.00 998,920.00 904764BS5 4.875% 313Unilever Capital Corp 09/22/2023 496,257.88 09/08/2028 1,500 5.08% 500,000.00 506,930.00 3133EPZN8 5.000% 281FFCB 10/24/2023 999,052.36 10/24/2028 1,546 5.03% 1,000,000.00 1,034,520.00 949764HK3 5.050% 267Wells Fargo Bank NA 11/07/2023 247,532.02 11/07/2028 1,560 5.10% 248,000.00 254,281.71 9128286B1 2.625% 161U.S. Treasury 02/21/2024 467,168.63 02/15/2029 1,660 4.24% 500,000.00 471,015.00 3133EP5U5 4.125% 103FFCB 04/19/2024 527,764.52 03/20/2029 1,693 4.72% 541,000.00 542,731.20 06251A6Z8 4.600% 71Bank Hapoalim 05/21/2024 247,473.23 05/21/2029 1,755 4.65% 248,000.00 250,070.66 3133ERKJ9 4.375% 16FFCB 07/15/2024 1,009,405.17 07/05/2029 1,800 4.16% 1,000,000.00 1,014,490.00 Net Maturities and Averages 63,571,445.35 367 3.96% 63,187,919.50 63,689,138.13 Run Date: 8/6/2024 - 3:40 PM
Amortizing
22 58
Income Earned Summary
City of Lynwood July 31, 2024
Fiscal Year To DateJuly 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
446,596.54 446,596.54
229,038.94 229,038.94
-584,313.66 -584,313.66
91,321.82 91,321.82
3,345.64 3,345.64

0.00 0.00
94,667.46
94,667.46
Run Date: 8/6/2024 - 3:40 PM
Amortizing
25 59
Income Earned
City of Lynwood July 01, 2024 - July 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 1,382.68 0.00 1,772.35 389.67 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 248,000.00 248,000.00 332.93 0.00 438.25 105.32 0.00 105.32 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 441.64 0.00 652.27 210.63 0.00 210.63 02007GUP6 07/07/2026 248,000.00Ally Bank 248,000.00 248,000.00 4,006.05 4,142.62 569.04 705.61 0.00 705.61 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 1,084.41 1,174.77 109.73 200.09 0.00 200.09 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 247,660.16 247,669.79 61.83 1,885.82 92.75 1,916.74 9.63 1,926.37 254673L38 07/06/2027 248,000.00Discover Bank 248,000.00 248,000.00 4,088.94 4,204.45 600.64 716.15 0.00 716.15 14042RST9 07/07/2027 248,000.00Capital One Bank NA 248,000.00 248,000.00 4,125.63 4,266.28 586.03 726.68 0.00 726.68 14042TJD0 08/03/2027 248,000.00Capital One Bank USA 248,000.00 248,000.00 3,593.96 0.00 4,341.70 747.74 0.00 747.74 61768ELH4 08/04/2027 248,000.00Morgan Stanley Private Bank 248,000.00 248,000.00 3,519.56 0.00 4,256.77 737.21 0.00 737.21 87164XN93 08/05/2027 248,000.00Synchrony Bank 248,000.00 248,000.00 3,495.78 0.00 4,232.99 737.21 0.00 737.21 02589ADQ2 08/10/2027 205,000.00American Express National Bank 204,361.62 204,379.04 2,751.49 0.00 3,352.17 600.68 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 247,595.35 247,604.61 3,489.67 0.00 4,500.69 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 247,573.06 247,582.41 1,406.47 0.00 2,354.30 947.83 9.35 957.18 12547CBJ6 05/16/2028 248,000.00CIBC Bank USA 247,571.14 247,580.53 1,359.58 0.00 2,275.82 916.24 9.39 925.63 949764HK3 11/07/2028 248,000.00Wells Fargo Bank NA 247,522.72 247,532.02 823.50 1,029.37 857.81 1,063.68 9.30 1,072.98 06251A6Z8 05/21/2029 248,000.00Bank Hapoalim 247,463.93 247,473.23 1,281.45 0.00 2,250.35 968.90 9.30 978.20 Certificates of Deposit - Sub Total 5,661,000.00 5,657,747.98 5,657,821.63 39,301.93 21,442.49 35,457.99 17,598.55 73.65 17,672.20 Corporate Bonds
64952WDL4 01/22/2025 250,000.00New York Life 249,899.28 249,914.74 2,208.33 2,500.00 125.00 416.67 15.46 432.13 88579YBH3 02/14/2025 500,000.003M 494,000.27 494,830.59 3,805.56 0.00 4,638.89 833.33 830.32 1,663.65 30231GBH4 03/19/2025 250,000.00Exxon Mobil 253,452.20 253,039.00 2,119.33 0.00 2,742.67 623.34 -413.20 210.14 59217GFC8 08/25/2025 500,000.00MetLife 499,761.76 499,779.56 7,087.50 0.00 8,775.00 1,687.50 17.80 1,705.30 037833BY5 02/23/2026 500,000.00Apple 498,154.53 498,251.01 5,777.78 0.00 7,131.94 1,354.16 96.47 1,450.63 857477CL5 03/18/2027 500,000.00State Street Corp 496,891.16 496,989.70 7,142.76 0.00 9,223.18 2,080.42 98.54 2,178.96 808513BW4 04/01/2027 250,000.00Charles Schwab 249,671.79 249,682.06 2,062.50 0.00 2,750.00 687.50 10.27 697.77 023135CF1 04/13/2027 250,000.00Amazon 248,852.65 248,888.11 1,787.50 0.00 2,475.00 687.50 35.46 722.96 Run Date: 8/6/2024 - 3:40 PM
Amortizing
26 60
Income Earned
City of Lynwood July 01, 2024 - July 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
89236TKQ7 01/12/2028 400,000.00Toyota Motor Credit 393,275.35 393,439.24 8,684.72 9,250.00 976.39 1,541.67 163.89 1,705.56 904764BS5 09/08/2028 500,000.00Unilever Capital Corp 496,179.34 496,257.88 7,651.04 0.00 9,682.29 2,031.25 78.54 2,109.79 Corporate Bonds - Sub Total 3,900,000.00 3,880,138.33 3,881,071.88 48,327.02 11,750.00 48,520.36 11,943.34 933.55 12,876.89 LAIF
9819499 08/01/2024 35,474,274.13LAIF 35,081,100.37 35,474,274.13 393,173.76 393,173.76 0.00 0.00 0.00 0.00 LAIF - Sub Total
35,474,274.13 35,081,100.37 35,474,274.13 393,173.76 393,173.76 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 08/01/2024 617,864.00Goldman Sachs Govt MMF 59,931.22 617,864.00 126.82 126.82 4,110.06 4,110.06 0.00 4,110.06 Money Market Funds - Sub Total
617,864.00 59,931.22 617,864.00 126.82 126.82 4,110.06 4,110.06 0.00 4,110.06 U.S. Agencies
3133EKTV8 07/01/2024 0.00FFCB 499,999.94 0.00 4,750.00 4,750.00 0.00 0.00 0.06 0.06 3133ENG20 08/15/2024 1,000,000.00FFCB 999,893.31 999,966.81 12,466.67 0.00 15,216.67 2,750.00 73.50 2,823.50 3133EK3B0 10/16/2024 200,000.00FFCB 199,903.96 199,932.05 625.00 0.00 875.00 250.00 28.09 278.09 3130A4CH3 03/14/2025 500,000.00FHLB 506,573.46 505,771.19 3,529.51 0.00 4,519.10 989.59 -802.27 187.32 3136G4H71 08/12/2025 500,000.00FNMA 500,000.00 500,000.00 923.61 0.00 1,131.94 208.33 0.00 208.33 3130ASYR4 08/28/2025 2,000,000.00FHLB 2,000,000.00 2,000,000.00 27,333.33 0.00 34,000.00 6,666.67 0.00 6,666.67 3137EAEX3 09/23/2025 500,000.00FHLMC 499,376.60 499,420.23 510.42 0.00 666.67 156.25 43.62 199.87 3130AXU63 11/17/2026 1,000,000.00FHLB 998,595.47 998,646.28 5,652.78 0.00 9,506.94 3,854.16 50.81 3,904.97 3130AQEC3 12/30/2026 500,000.00FHLB 500,000.00 500,000.00 19.03 3,425.00 589.86 3,995.83 0.00 3,995.83 3130AL5A8 02/26/2027 500,000.00FHLB 459,542.24 460,854.15 1,562.50 0.00 1,937.50 375.00 1,311.91 1,686.91 3130ARTT8 05/19/2027 600,000.00FHLB 600,000.00 600,000.00 2,625.00 0.00 4,500.00 1,875.00 0.00 1,875.00 3130AT2L0 08/25/2027 1,000,000.00FHLB 1,000,000.00 1,000,000.00 14,175.00 0.00 17,550.00 3,375.00 0.00 3,375.00 3134GYUE0 06/28/2028 1,000,000.00FHLMC 1,000,000.00 1,000,000.00 500.00 0.00 5,500.00 5,000.00 0.00 5,000.00 3133EPZN8 10/24/2028 1,000,000.00FFCB 999,033.07 999,052.36 9,305.56 0.00 13,472.22 4,166.66 19.29 4,185.95 3133EP5U5 03/20/2029 541,000.00FFCB 527,518.68 527,764.52 6,260.95 0.00 8,120.64 1,859.69 245.84 2,105.53 3133ERKJ9 07/05/2029 1,000,000.00FFCB 0.00 1,009,405.17 0.00 -1,215.28 3,159.72 1,944.44 -84.83 1,859.61 U.S. Agencies - Sub Total
11,841,000.00 11,290,436.73 11,800,812.74 90,239.36 6,959.72 120,746.26 37,466.62 886.01 38,352.63 U.S. Treasuries
912796Y52 07/05/2024 0.00U.S. Treasury 1,013,258.28 0.00 0.00 0.00 0.00 0.00 741.72 741.72 Run Date: 8/6/2024 - 3:40 PM
Amortizing
27 61
Income Earned
City of Lynwood July 01, 2024 - July 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 1,004,456.85 1,003,553.83 1,270.49 0.00 2,540.98 1,270.49 -903.02 367.47 912828ZT0 05/31/2025 500,000.00U.S. Treasury 498,021.57 498,204.65 105.87 0.00 211.75 105.88 183.08 288.96 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 996,581.00 996,785.61 317.62 0.00 635.25 317.63 204.61 522.24 91282CBH3 01/31/2026 500,000.00U.S. Treasury 498,207.37 498,303.19 782.97 937.50 5.10 159.63 95.81 255.44 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,000,940.23 1,000,898.59 635.25 0.00 1,270.49 635.24 -41.64 593.60 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 496,792.62 496,913.58 1,099.73 0.00 1,470.29 370.56 120.96 491.52 91282CFU0 10/31/2027 565,000.00U.S. Treasury 557,059.64 557,261.73 3,926.60 0.00 5,889.89 1,963.29 202.09 2,165.38 91282CGC9 12/31/2027 630,000.00U.S. Treasury 620,275.46 620,511.16 66.34 12,206.25 2,122.83 14,262.74 235.70 14,498.44 9128286B1 02/15/2029 500,000.00U.S. Treasury 466,555.51 467,168.63 4,939.90 0.00 6,057.69 1,117.79 613.12 1,730.91 U.S. Treasuries - Sub Total 6,195,000.00 7,152,148.54 6,139,600.97 13,144.77 13,143.75 20,204.27 20,203.25 1,452.43 21,655.68 63,689,138.13Grand Total 63,121,503.17 63,571,445.35 584,313.66 446,596.54 229,038.94 91,321.82 3,345.64 94,667.46 Run Date: 8/6/2024 - 3:40 PM
Amortizing
28 62
Realized Gains and Losses
City of Lynwood July 01, 2024 - July 31, 2024
Par Value Sale Date Days Held Maturity/Sales RealizedCUSIP Coupon Rate Maturity Date Book Value Proceeds Gain/LossPurchase Date TermIssuer U.S. Agencies
3133EKTV8 500,000.0007/02/2019 07/01/2024 1,826 500,000.00 0.00 500,000.00 07/01/2024 1,826FFCB 1.900%
Total U.S. Agencies 0.00 500,000.00 500,000.00
U.S. Treasuries
912796Y52 1,014,000.0004/03/2024 07/05/2024 93 1,014,000.00 0.00 1,014,000.00 07/05/2024 93U.S. Treasury 0.000%
Total U.S. Treasuries 0.00 1,014,000.00 1,014,000.00
Grand Total 0.00 1,514,000.00 1,514,000.00
Run Date: 8/6/2024 - 3:40 PM
Amortizing
29 63
Transaction Report
City of Lynwood July 01, 2024 - July 31, 2024
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 07/01/2024 Maturity 3133EKTV8 FFCB 1.9 07/01/24 07/01/2024 - 500,000.00 - - - 07/01/2024 Interest 3130AQEC3 FHLB 1.37 12/30/26 12/30/2026 - - 3,425.00 - - 07/01/2024 Interest 91282CGC9 T 3 7/8 12/31/27 12/31/2027 - - 12,206.25 - - 07/01/2024 Interest 910286GM9 FFED 4.55 06/29/27 06/29/2027 - - 958.37 - - 07/01/2024 Interest 3133EKTV8 FFCB 1.9 07/01/24 07/01/2024 - - 4,750.00 - - 07/02/2024 Interest FGTXX GSGF - - 126.82 - -
07/05/2024 Maturity 912796Y52 TREASURY BILL 07/05/2024 - 1,014,000.00 - - - 07/08/2024 Interest 949764HK3 WFC 5.05 11/07/28 11/07/2028 - - 1,029.37 - - 07/08/2024
Interest 14042RST9 COF 3.45 07/07/27 07/07/2027 - - 4,266.28 - - 07/08/2024
Interest 254673L38 DFS 3.4 07/06/27 07/06/2027 - - 4,204.45 - - 07/08/2024
Interest 02007GUP6 GMATBK 3.35 07/07/26 07/07/2026 - - 4,142.62 - - 07/11/2024
Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 193.64 - - 07/12/2024
Interest 89236TKQ7 TOYOTA 4 5/8 01/12/28 01/12/2028 - - 9,250.00 - - 07/15/2024
Interest 9819499 LAIF - - 393,173.76 - -
07/15/2024 Purchase 3133ERKJ9 FFCB 4 3/8 07/05/29 07/05/2029 -1,009,490.00 - -1,215.28 - - 07/15/2024
Interest 89235MLC3 TOYFBN 0.95 07/15/26 07/15/2026 - - 1,174.77 - - 07/15/2024 Interest 32114VCH8 FNBMIC 4.6 03/15/28 03/15/2028 - - 937.64 - - 07/15/2024 Interest 15721UFP9 CFBK 4 3/4 09/15/26 09/15/2026 - - 968.22 - - 07/18/2024 Interest 27002YFE1 EGBN 3.3 08/18/25 08/18/2025 - - 672.66 - - 07/22/2024 Interest 64952WDL4 NYLIFE 2 01/22/25 01/22/2025 - - 2,500.00 - - 07/22/2024 Interest 062119BK7 FBFCEN 4.65 03/20/28 03/20/2028 - - 947.84 - - 07/23/2024 Interest 32117BFR4 FNLC 5 09/23/26 09/23/2026 - - 1,019.18 - - 07/29/2024 Interest 910286GM9 FFED 4.55 06/29/27 06/29/2027 - - 927.45 - - 07/31/2024 Interest 91282CBH3 T 0 3/8 01/31/26 01/31/2026 - - 937.50 - - Grand Total: -1,009,490.00 1,514,000.00 446,596.54 0.00 0.00 Run Date: 8/6/2024 - 3:40 PM
Amortizing
30 64
Run Date: 9/6/2024 - 2:16 PM
Amortizing Page 2
Portfolio Summary
City of Lynwood 8/31/2024

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)

ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 8/31/24 7/31/24 Issuer % Portfolio
Market Value $63,584,774 $63,187,920 U.S. Treasury 48.9% Book Value $63,720,627 $63,571,445 LAIF 16.4%
Variance -$135,852 -$383,526 FHLB 9.5%
FFCB 4.3%
Par Value $64,121,201 $63,689,138 Goldman Sachs Govt MMF 2.8% Citigroup 0.8%
Net Asset Value $99.79 $99.40 FNMA 0.8%
MetLife 0.8%
Book Yield 4.23% 3.97% FHLMC 0.8%
Apple 0.8%
Market Yield 4.59% 4.58% State Street Corp 0.8%
Unilever Capital Corp 0.8%
Years to Maturity 1.06 1.00 3M 0.8%
Toyota 0.6%
Effective Duration 0.94 0.84 Exxon Mobil 0.4%
Sep-23
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
Apr-24
May-24
Jun-24
Jul-24
Aug-24

2.40%

2.90%

3.40%

3.90%

4.40%

2.8%

6.9%

9.7%

15.4%

16.4%

48.9%
MMF
CORP
CD
AGY
LAIF
TSY
100%75%50%25%0%

69.0%

7.4%

11.8%

4.8% 7.1%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%

26.1%

0.8%

0.4%

2.6%

1.6%

0.4%

29.0%

39.2%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 65
Run Date: 9/6/2024 - 2:16 PM
Amortizing Page 3
Investment Policy Compliance
City of Lynwood 8/31/2024
Category Book Value % of Portfolio % Allowed by Policy In ComplianceReserved row US Treasuries 31,140,867.75 48.87% 100% Yes
US Federal Agencies 9,801,555.23 15.38% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 10,474,274.13 16.44% 75,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 1,761,926.88 2.77% 20% Yes
Negotiable Certificates of Deposit 6,153,650.33 9.66% 30% Yes Corporate Obligations 4,388,352.20 6.89% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 63,720,626.52 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.06 Less than 3.0 Years Yes
Liquidity 68.95% 30% Under 365 Days Yes
Ratings Yes
3 66
Run Date: 9/6/2024 - 2:16 PM
Amortizing Page 10
Top 40 Issuer Allocations
City of Lynwood 8/31/2024

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.6%

0.8%

0.8%

0.8%

0.8%

0.8%

0.8%

0.8%

0.8%

2.8%

4.3%

9.5%

16.4%

48.9%
Morgan Stanley Bank
CIBC Bank USA
BMO Harris Bank NA
United Fidelity Bank FSB
Stearns Bank NA
UBS Bank USA
Ally Bank
CFBank
Capital One Bank USA
Capital One Bank NA
BMW Bank
EagleBank
Discover Bank
Bank Five Nine
First National Bank of Michigan
First National Bank
First Missouri State Bank
MVB Bank Inc
Morgan Stanley Private Bank
State Bank of India
Toyota Financial Savings Bank
Synchrony Bank
Amazon
Charles Schwab
New York Life
Exxon Mobil
Toyota
3M
Unilever Capital Corp
State Street Corp
Apple
FHLMC
MetLife
FNMA
Citigroup
Goldman Sachs Govt MMF
FFCB
FHLB
LAIF
U.S. Treasury
55%50%45%40%35%30%25%20%15%10%5%0%
10 67
Portfolio Summary
City of Lynwood August 31, 2024
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 6,157,000.00 6,153,650.33 9.66 3.53 986 6,141,776.16 Corporate Bonds 4,400,000.00 4,388,352.20 6.89 4.04 838 4,396,822.00 LAIF 10,474,274.13 10,474,274.13 16.44 4.58 1 10,474,274.13 Money Market Funds 1,761,926.88 1,761,926.88 2.77 5.19 1 1,761,926.88 U.S. Agencies 9,841,000.00 9,801,555.23 15.38 3.51 889 9,795,869.96 U.S. Treasuries 31,487,000.00 31,140,867.75 48.87 4.44 198 31,014,105.33 63,720,626.52 100.00 387 63,584,774.46 4.23 64,121,201.01 Investments
August 31 Month Ending Fiscal Year To DateTotal Earnings Current Year 81,809.39 176,476.85
Average Daily Balance 63,624,258.36 63,502,204.75
Book Rate of Return 1.51% 1.64%
Run Date: 9/6/2024 - 2:17 PM
Amortizing
15 68
Holdings Report
City of Lynwood August 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 99.87 247,668.34 0.39% NR/NR 0.0409/13/2024 -331.66 NR 0.04 2,162.02 1.85% 248,000.00 5.60%1.850% 27002YFE1 248,000.00EagleBank 08/18/2022 248,000.00 97.81 242,566.79 0.39% NR/NR 0.9608/18/2025 -5,433.21 NR 0.94 313.91 3.30% 248,000.00 5.65%3.300% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 95.97 237,997.01 0.39% NR/NR 1.0709/25/2025 -10,002.99 NR 1.06 543.56 0.50% 248,000.00 4.42%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 94.97 235,533.01 0.39% NR/NR 1.6504/27/2026 -12,466.99 NR 1.64 862.90 1.00% 248,000.00 4.17%1.000% 02007GUP6 248,000.00Ally Bank 07/07/2022 248,000.00 98.73 244,842.97 0.39% NR/NR 1.8507/07/2026 -3,157.03 NR 1.77 1,274.65 3.35% 248,000.00 4.07%3.350% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 94.36 234,002.89 0.39% NR/NR 1.8707/15/2026 -13,997.11 NR 1.85 309.83 0.95% 248,000.00 4.11%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 94.28 233,826.80 0.39% NR/NR 1.9508/11/2026 -14,173.20 NR 1.92 135.55 0.95% 248,000.00 4.02%0.950% 15721UFP9 248,000.00CFBank 03/15/2023 248,000.00 101.52 251,758.72 0.39% NR/NR 2.0409/15/2026 3,758.72 NR 1.88 548.66 4.75% 248,000.00 3.97%4.750% 32117BFR4 248,000.00First National Bank 03/23/2023 248,000.00 101.80 252,469.01 0.39% NR/NR 2.0609/23/2026 4,469.01 NR 1.90 305.75 5.00% 248,000.00 4.08%5.000% 910286GM9 248,000.00United Fidelity Bank FSB 06/29/2023 247,546.16 101.66 252,113.11 0.39% NR/NR 2.8306/29/2027 4,433.69 NR 2.61 92.75 4.60% 247,679.42 3.93%4.550%
254673L38 248,000.00Discover Bank 07/07/2022 248,000.00 98.50 244,280.83 0.39% NR/NR 2.8507/06/2027 -3,719.17 NR 2.68 1,316.78 3.40% 248,000.00 3.96%3.400% 14042RST9 248,000.00Capital One Bank NA 07/07/2022 248,000.00 98.63 244,614.21 0.39% NR/NR 2.8507/07/2027 -3,385.79 NR 2.68 1,312.70 3.45% 248,000.00 3.96%3.450% 14042TJD0 248,000.00Capital One Bank USA 08/03/2022 248,000.00 98.90 245,261.31 0.39% NR/NR 2.9208/03/2027 -2,738.69 NR 2.75 699.50 3.55% 248,000.00 3.95%3.550% 61768ELH4 248,000.00Morgan Stanley Private Bank 08/04/2022 248,000.00 98.76 244,916.67 0.39% NR/NR 2.9308/04/2027 -3,083.33 NR 2.75 665.86 3.50% 248,000.00 3.95%3.500% 87164XN93 248,000.00Synchrony Bank 08/05/2022 248,000.00 98.84 245,119.01 0.39% NR/NR 2.9308/05/2027 -2,880.99 NR 2.76 642.08 3.50% 248,000.00 3.95%3.500% 02589ADQ2 205,000.00American Express National Bank 08/12/2022 203,975.00 98.61 202,160.15 0.32% NR/NR 2.9408/10/2027 -2,236.32 NR 2.77 426.29 3.56% 204,396.46 3.95%3.450% 62847NEQ5 248,000.00MVB Bank Inc 08/13/2024 248,000.00 100.63 249,558.72 0.39% NR/NR 2.9508/13/2027 1,558.72 NR 2.75 535.75 4.15% 248,000.00 3.92%4.150% 32114VCH8 248,000.00First National Bank of Michigan 03/15/2023 248,000.00 102.36 253,855.47 0.39% NR/NR 3.5403/15/2028 5,855.47 NR 3.17 531.33 4.60% 248,000.00 3.88%4.600% 61690U3C2 248,000.00Morgan Stanley Bank 03/16/2023 247,454.40 102.96 255,348.36 0.39% NR/NR 3.5403/16/2028 7,734.49 NR 3.16 5,511.72 4.85% 247,613.87 3.90%4.800% Run Date: 9/6/2024 - 2:17 PM
Amortizing
16 69
Holdings Report
City of Lynwood August 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
062119BK7 248,000.00Bank Five Nine 03/20/2023 248,000.00 102.54 254,297.45 0.39% NR/NR 3.5503/20/2028 6,297.45 NR 3.18 379.13 4.65% 248,000.00 3.88%4.650% 12547CBJ6 248,000.00CIBC Bank USA 05/17/2023 247,446.96 101.58 251,922.80 0.39% NR/NR 3.7105/16/2028 4,332.89 NR 3.35 3,192.07 4.40% 247,589.91 3.89%4.350% 05600XQE3 248,000.00BMO Harris Bank NA 05/17/2023 247,449.44 102.10 253,201.49 0.39% NR/NR 3.7105/16/2028 5,609.73 NR 3.34 3,302.14 4.55% 247,591.75 3.89%4.500% 857894Q77 248,000.00Stearns Bank NA 08/13/2024 247,752.00 100.17 248,421.51 0.39% NR/NR 3.9608/14/2028 666.46 NR 3.62 522.84 4.08% 247,755.05 4.00%4.050%
949764HK3 248,000.00Wells Fargo Bank NA 11/07/2023 247,451.92 104.66 259,544.68 0.39% NR/NR 4.1911/07/2028 12,003.36 NR 3.67 857.81 5.10% 247,541.32 3.84%5.050% 06251A6Z8 248,000.00Bank Hapoalim 05/21/2024 247,451.92 103.43 256,494.85 0.39% NR/NR 4.7205/21/2029 9,012.31 NR 4.15 3,219.24 4.65% 247,482.54 3.80%4.600% 6,152,527.80 6,141,776.16 9.66% 2.70
6,153,650.33 3.53% 6,157,000.00 4.11% 29,664.82 -11,874.18 2.49Total Certificates of Deposit Corporate Bonds
64952WDL4 250,000.00New York Life 01/22/2020 249,102.50 98.81 247,022.50 0.39% Aaa/AA+ 0.3901/22/2025 -2,907.20 AAA 0.38 541.67 2.08% 249,929.70 5.05%2.000% 88579YBH3 500,000.003M 09/07/2022 476,510.00 98.62 493,105.00 0.78% A3/BBB+ 0.4602/14/2025 -2,529.13 A- 0.44 472.22 4.04% 495,634.13 5.08%2.000% 30231GBH4 250,000.00Exxon Mobil 06/22/2020 272,752.50 98.94 247,360.00 0.40% Aa2/AA- 0.5503/19/2025 -5,279.13 NR 0.51 3,366.00 0.99% 252,639.13 4.96%2.992% 02/19/2025 59217GFC8 500,000.00MetLife 08/25/2022 499,380.00 99.41 497,065.00 0.78% Aa3/AA- 0.9808/25/2025 -2,731.78 AA- 0.94 337.50 4.09% 499,796.78 4.67%4.050% 037833BY5 500,000.00Apple 08/25/2022 496,085.00 98.63 493,140.00 0.78% Aaa/AA+ 1.4802/23/2026 -5,204.37 NR 1.34 361.11 3.49% 498,344.37 4.22%3.250% 857477CL5 500,000.00State Street Corp 04/22/2024 496,675.00 101.59 507,935.00 0.78% A1/A 2.5503/18/2027 10,849.94 AA- 2.26 11,303.60 5.24% 497,085.06 4.33%4.993% 02/18/2027 808513BW4 250,000.00Charles Schwab 04/12/2022 249,407.50 97.12 242,787.50 0.39% A2/A- 2.5804/01/2027 -6,904.49 A 2.34 3,437.50 3.35% 249,691.99 4.49%3.300% 023135CF1 250,000.00Amazon 06/09/2022 248,005.00 98.07 245,185.00 0.39% A1/AA 2.6204/13/2027 -3,737.43 AA- 2.41 3,162.50 3.48% 248,922.43 4.08%3.300% 89236TKQ7 400,000.00Toyota Motor Credit 04/19/2024 392,900.00 101.06 404,232.00 0.62% A1/A+ 3.3701/12/2028 10,634.16 A+ 3.06 2,518.06 5.15% 393,597.84 4.28%4.625% 904764BS5 500,000.00Unilever Capital Corp 09/22/2023 495,475.00 102.34 511,690.00 0.78% A1/A+ 4.0209/08/2028 15,356.11 NR 3.50 11,713.54 5.08% 496,333.89 4.24%4.875% Run Date: 9/6/2024 - 2:17 PM
Amortizing
17 70
Holdings Report
City of Lynwood August 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
Corporate Bonds
17325FBK3 500,000.00Citibank 08/19/2024 506,420.00 101.46 507,300.00 0.79% Aa3/A+ 4.9308/06/2029 923.11 A+ 4.29 1,679.86 4.54% 506,376.89 4.50%4.838% 4,382,712.50 4,396,822.00 6.89% 2.30
4,388,352.20 4.04% 4,400,000.00 4.52% 38,893.56 8,469.79 2.05Total Corporate Bonds LAIF
9819499 10,474,274.13LAIF 07/15/2024 10,474,274.13 1.00 10,474,274.13 16.44% NR/NR 0.0009/01/2024

0.00 NR 0.00 0.00 4.58% 10,474,274.13 4.58%4.580%
10,474,274.13 10,474,274.13 16.44% 0.00
10,474,274.13 4.58% 10,474,274.13 4.58% 0.00 0.00 0.00Total LAIF Money Market Funds
FGTXX 1,761,926.88Goldman Sachs Govt MMF 1,761,926.88 1.00 1,761,926.88 2.77% Aaa/AAA 0.0009/01/2024

0.00 NR 0.00 7,205.74 5.19% 1,761,926.88 5.19%5.186% 1,761,926.88 1,761,926.88 2.77% 0.00
1,761,926.88 5.19% 1,761,926.88 5.19% 7,205.74 0.00 0.00Total Money Market Funds U.S. Agencies
3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 99.55 199,102.00 0.31% Aaa/AA+ 0.1310/16/2024 -857.23 AA+ 0.11 1,125.00 1.67% 199,959.23 4.98%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 98.72 493,620.00 0.79% Aaa/AA+ 0.5303/14/2025 -11,374.80 AA+ 0.51 5,508.68 0.49% 504,994.80 4.81%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 96.45 482,265.00 0.78% Aaa/AA+ 0.9508/12/2025 -17,735.00 AA+ 0.93 90.28 0.50% 500,000.00 4.36%0.500% 02/18/2022 3130ASYR4 2,000,000.00FHLB 08/30/2022 2,000,000.00 99.49 1,989,700.00 3.14% Aaa/AA+ 0.9908/28/2025 -10,300.00 AA+ 0.64 666.67 4.00% 2,000,000.00 4.54%4.000% 11/28/2024 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 95.96 479,790.00 0.78% Aaa/AA+ 1.0609/23/2025 -19,672.44 AA+ 1.03 822.92 0.48% 499,462.44 4.31%0.375% 3130AXU63 1,000,000.00FHLB 11/17/2023 998,230.00 101.35 1,013,530.00 1.57% Aaa/AA+ 2.2111/17/2026 14,834.56 AA+ 2.05 13,361.11 4.69% 998,695.44 3.98%4.625% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 94.05 470,240.00 0.78% Aaa/AA+ 2.3312/30/2026 -29,760.00 AA+ 2.23 1,160.69 1.37% 500,000.00 4.07%1.370% 09/30/2024 Run Date: 9/6/2024 - 2:17 PM
Amortizing
18 71
Holdings Report
City of Lynwood August 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
3130AL5A8 500,000.00FHLB 02/09/2023 438,340.00 92.65 463,240.00 0.73% Aaa/AA+ 2.4902/26/2027 1,116.25 AA+ 2.40 62.50 4.25% 462,123.75 4.04%0.900% 11/26/2024 3130ARTT8 600,000.00FHLB 05/19/2022 600,000.00 99.27 595,596.00 0.94% Aaa/AA+ 2.7205/19/2027 -4,404.00 AA+ 1.07 6,375.00 3.75% 600,000.00 4.04%3.750% 11/19/2024 3130AT2L0 1,000,000.00FHLB 08/30/2022 1,000,000.00 98.89 988,880.00 1.57% Aaa/AA+ 2.9808/25/2027 -11,120.00 AA+ 1.48 675.00 4.05% 1,000,000.00 4.45%4.050% 11/25/2024 3133EPZN8 1,000,000.00FFCB 10/24/2023 998,880.00 104.52 1,045,230.00 1.57% Aaa/AA+ 4.1510/24/2028 46,158.98 AA+ 3.65 17,638.89 5.03% 999,071.02 3.81%5.000% 3133EP5U5 541,000.00FFCB 04/19/2024 526,955.64 101.46 548,876.96 0.83% Aaa/AA+ 4.5503/20/2029 20,874.54 AA+ 4.02 9,980.32 4.72% 528,002.42 3.77%4.125% 3133ERKJ9 1,000,000.00FFCB 07/15/2024 1,009,490.00 102.58 1,025,800.00 1.58% Aaa/AA+ 4.8507/05/2029 16,553.88 AA+ 4.29 6,805.56 4.16% 1,009,246.12 3.79%4.375% 9,809,100.64 9,795,869.96 15.38% 2.43
9,801,555.23 3.51% 9,841,000.00 4.20% 64,272.62 -5,685.26 1.94Total U.S. Agencies U.S. Treasuries
912797LE5 25,292,000.00U.S. Treasury 08/30/2024 25,000,555.98 98.90 25,014,799.68 39.23% P-1/A-1+ 0.2211/21/2024 14,243.61 F1+ 0.23 0.00 5.13% 25,000,556.07 4.95%0.000% 912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 99.20 991,950.00 1.57% Aaa/AA+ 0.2511/30/2024 -10,700.81 AA+ 0.24 3,811.48 0.43% 1,002,650.81 4.76%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 96.87 484,365.00 0.78% Aaa/AA+ 0.7505/31/2025 -14,022.73 AA+ 0.72 317.62 0.69% 498,387.73 4.55%0.250% 91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 95.36 953,590.00 1.56% Aaa/AA+ 1.2511/30/2025 -43,400.23 AA+ 1.21 952.87 0.62% 996,990.23 4.23%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 94.87 474,355.00 0.78% Aaa/AA+ 1.4201/31/2026 -24,044.00 AA+ 1.38 163.04 0.60% 498,399.00 4.14%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 94.55 945,510.00 1.57% Aaa/AA+ 1.7505/31/2026 -55,346.95 AA+ 1.69 1,905.74 0.70% 1,000,856.95 4.01%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 94.02 470,115.00 0.78% Aaa/AA+ 2.0809/30/2026 -26,919.54 AA+ 2.01 1,840.85 1.17% 497,034.54 3.89%0.875% 91282CFU0 565,000.00U.S. Treasury 05/23/2024 556,811.91 100.96 570,429.65 0.87% Aaa/AA+ 3.1710/31/2027 12,965.82 AA+ 2.89 7,853.19 4.58% 557,463.83 3.80%4.125% 91282CGC9 630,000.00U.S. Treasury 03/03/2023 616,587.89 100.32 632,016.00 0.97% Aaa/AA+ 3.3312/31/2027 11,269.14 AA+ 3.06 4,179.31 4.37% 620,746.86 3.77%3.875% 9128286B1 500,000.00U.S. Treasury 02/21/2024 463,984.38 95.40 476,975.00 0.73% Aaa/AA+ 4.4602/15/2029 9,193.26 AA+ 4.13 606.32 4.24% 467,781.74 3.76%2.625% Run Date: 9/6/2024 - 2:17 PM
Amortizing
19 72
Holdings Report
City of Lynwood August 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
31,144,483.14 31,014,105.33 48.87% 0.54
31,140,867.75 4.44% 31,487,000.00 4.79% 21,630.42 -126,762.43 0.52Total U.S. Treasuries 63,725,025.09 63,584,774.46 100.00% 1.06
161,667.16 -135,852.08 0.94 4.59% 63,720,626.52 4.23% 64,121,201.01TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 63,746,441.62 Run Date: 9/6/2024 - 2:17 PM
Amortizing
20 73
Maturity Report
City of Lynwood August 31, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 5.186% 1Goldman Sachs Govt MMF 1,761,926.88 09/01/2024 1 5.19% 1,761,926.88 1,761,926.88 9819499 4.580% 1LAIF 04/02/2024 10,474,274.13 09/01/2024 1 4.58% 10,474,274.13 10,474,274.13 32100LCB9 1.850% 1,814First Missouri State Bank 09/13/2019 248,000.00 09/13/2024 13 1.85% 248,000.00 247,668.34 3133EK3B0 1.500% 1,780FFCB 10/17/2019 199,959.23 10/16/2024 46 1.67% 200,000.00 199,102.00 912797LE5 0.000% 1U.S. Treasury 08/30/2024 25,000,556.07 11/21/2024 82 5.13% 25,292,000.00 25,014,799.68 912828YV6 1.500% 1,136U.S. Treasury 07/22/2021 1,002,650.81 11/30/2024 91 0.43% 1,000,000.00 991,950.00 64952WDL4 2.000% 1,683New York Life 01/22/2020 249,929.70 01/22/2025 144 2.08% 250,000.00 247,022.50 88579YBH3 2.000% 7243M 09/07/2022 495,634.13 02/14/2025 167 4.04% 500,000.00 493,105.00 3130A4CH3 2.375% 1,424FHLB 10/07/2020 504,994.80 03/14/2025 195 0.49% 500,000.00 493,620.00 30231GBH4 2.992% 1,531Exxon Mobil 06/22/2020 252,639.13 03/19/2025 200 0.99% 250,000.00 247,360.00 912828ZT0 0.250% 1,159U.S. Treasury 06/29/2021 498,387.73 05/31/2025 273 0.69% 500,000.00 484,365.00 3136G4H71 0.500% 1,474FNMA 08/18/2020 500,000.00 08/12/2025 346 0.50% 500,000.00 482,265.00 27002YFE1 3.300% 744EagleBank 08/18/2022 248,000.00 08/18/2025 352 3.30% 248,000.00 242,566.79 59217GFC8 4.050% 737MetLife 08/25/2022 499,796.78 08/25/2025 359 4.09% 500,000.00 497,065.00 3130ASYR4 4.000% 732FHLB 08/30/2022 2,000,000.00 08/28/2025 362 4.00% 2,000,000.00 1,989,700.00 3137EAEX3 0.375% 1,411FHLMC 10/20/2020 499,462.44 09/23/2025 388 0.48% 500,000.00 479,790.00 05580AXF6 0.500% 1,436BMW Bank 09/25/2020 248,000.00 09/25/2025 390 0.50% 248,000.00 237,997.01 91282CAZ4 0.375% 1,136U.S. Treasury 07/22/2021 996,990.23 11/30/2025 456 0.62% 1,000,000.00 953,590.00 91282CBH3 0.375% 1,283U.S. Treasury 02/25/2021 498,399.00 01/31/2026 518 0.60% 500,000.00 474,355.00 037833BY5 3.250% 737Apple 08/25/2022 498,344.37 02/23/2026 541 3.49% 500,000.00 493,140.00 856283S98 1.000% 1,222State Bank of India 04/27/2021 248,000.00 04/27/2026 604 1.00% 248,000.00 235,533.01 91282CCF6 0.750% 1,136U.S. Treasury 07/22/2021 1,000,856.95 05/31/2026 638 0.70% 1,000,000.00 945,510.00 02007GUP6 3.350% 786Ally Bank 07/07/2022 248,000.00 07/07/2026 675 3.35% 248,000.00 244,842.97 89235MLC3 0.950% 1,143Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 683 0.95% 248,000.00 234,002.89 90348JR93 0.950% 1,116UBS Bank USA 08/11/2021 248,000.00 08/11/2026 710 0.95% 248,000.00 233,826.80 15721UFP9 4.750% 535CFBank 03/15/2023 248,000.00 09/15/2026 745 4.75% 248,000.00 251,758.72 32117BFR4 5.000% 527First National Bank 03/23/2023 248,000.00 09/23/2026 753 5.00% 248,000.00 252,469.01 91282CCZ2 0.875% 1,047U.S. Treasury 10/19/2021 497,034.54 09/30/2026 760 1.17% 500,000.00 470,115.00 3130AXU63 4.625% 288FHLB 11/17/2023 998,695.44 11/17/2026 808 4.69% 1,000,000.00 1,013,530.00 3130AQEC3 1.370% 975FHLB 12/30/2021 500,000.00 12/30/2026 851 1.37% 500,000.00 470,240.00 3130AL5A8 0.900% 569FHLB 02/09/2023 462,123.75 02/26/2027 909 4.25% 500,000.00 463,240.00 857477CL5 4.993% 131State Street Corp 04/22/2024 497,085.06 03/18/2027 929 5.24% 500,000.00 507,935.00 808513BW4 3.300% 872Charles Schwab 04/12/2022 249,691.99 04/01/2027 943 3.35% 250,000.00 242,787.50 023135CF1 3.300% 814Amazon 06/09/2022 248,922.43 04/13/2027 955 3.48% 250,000.00 245,185.00 3130ARTT8 3.750% 835FHLB 05/19/2022 600,000.00 05/19/2027 991 3.75% 600,000.00 595,596.00 910286GM9 4.550% 429United Fidelity Bank FSB 06/29/2023 247,679.42 06/29/2027 1,032 4.60% 248,000.00 252,113.11 Run Date: 9/6/2024 - 2:17 PM
Amortizing
21 74
Maturity Report
City of Lynwood August 31, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
254673L38 3.400% 786Discover Bank 07/07/2022 248,000.00 07/06/2027 1,039 3.40% 248,000.00 244,280.83 14042RST9 3.450% 786Capital One Bank NA 07/07/2022 248,000.00 07/07/2027 1,040 3.45% 248,000.00 244,614.21 14042TJD0 3.550% 759Capital One Bank USA 08/03/2022 248,000.00 08/03/2027 1,067 3.55% 248,000.00 245,261.31 61768ELH4 3.500% 758Morgan Stanley Private Bank 08/04/2022 248,000.00 08/04/2027 1,068 3.50% 248,000.00 244,916.67 87164XN93 3.500% 757Synchrony Bank 08/05/2022 248,000.00 08/05/2027 1,069 3.50% 248,000.00 245,119.01 02589ADQ2 3.450% 750American Express National Bank 08/12/2022 204,396.46 08/10/2027 1,074 3.56% 205,000.00 202,160.15 62847NEQ5 4.150% 18MVB Bank Inc 08/13/2024 248,000.00 08/13/2027 1,077 4.15% 248,000.00 249,558.72 3130AT2L0 4.050% 732FHLB 08/30/2022 1,000,000.00 08/25/2027 1,089 4.05% 1,000,000.00 988,880.00 91282CFU0 4.125% 100U.S. Treasury 05/23/2024 557,463.83 10/31/2027 1,156 4.58% 565,000.00 570,429.65 91282CGC9 3.875% 547U.S. Treasury 03/03/2023 620,746.86 12/31/2027 1,217 4.37% 630,000.00 632,016.00 89236TKQ7 4.625% 134Toyota Motor Credit 04/19/2024 393,597.84 01/12/2028 1,229 5.15% 400,000.00 404,232.00 32114VCH8 4.600% 535First National Bank of Michigan 03/15/2023 248,000.00 03/15/2028 1,292 4.60% 248,000.00 253,855.47 61690U3C2 4.800% 534Morgan Stanley Bank 03/16/2023 247,613.87 03/16/2028 1,293 4.85% 248,000.00 255,348.36 062119BK7 4.650% 530Bank Five Nine 03/20/2023 248,000.00 03/20/2028 1,297 4.65% 248,000.00 254,297.45 12547CBJ6 4.350% 472CIBC Bank USA 05/17/2023 247,589.91 05/16/2028 1,354 4.40% 248,000.00 251,922.80 05600XQE3 4.500% 472BMO Harris Bank NA 05/17/2023 247,591.75 05/16/2028 1,354 4.55% 248,000.00 253,201.49 857894Q77 4.050% 18Stearns Bank NA 08/13/2024 247,755.05 08/14/2028 1,444 4.08% 248,000.00 248,421.51 904764BS5 4.875% 344Unilever Capital Corp 09/22/2023 496,333.89 09/08/2028 1,469 5.08% 500,000.00 511,690.00 3133EPZN8 5.000% 312FFCB 10/24/2023 999,071.02 10/24/2028 1,515 5.03% 1,000,000.00 1,045,230.00 949764HK3 5.050% 298Wells Fargo Bank NA 11/07/2023 247,541.32 11/07/2028 1,529 5.10% 248,000.00 259,544.68 9128286B1 2.625% 192U.S. Treasury 02/21/2024 467,781.74 02/15/2029 1,629 4.24% 500,000.00 476,975.00 3133EP5U5 4.125% 134FFCB 04/19/2024 528,002.42 03/20/2029 1,662 4.72% 541,000.00 548,876.96 06251A6Z8 4.600% 102Bank Hapoalim 05/21/2024 247,482.54 05/21/2029 1,724 4.65% 248,000.00 256,494.85 3133ERKJ9 4.375% 47FFCB 07/15/2024 1,009,246.12 07/05/2029 1,769 4.16% 1,000,000.00 1,025,800.00 17325FBK3 4.838% 12Citibank 08/19/2024 506,376.89 08/06/2029 1,801 4.54% 500,000.00 507,300.00 Net Maturities and Averages 63,720,626.52 387 4.23% 63,584,774.46 64,121,201.01 Run Date: 9/6/2024 - 2:17 PM
Amortizing
22 75
Income Earned Summary
City of Lynwood August 31, 2024
Fiscal Year To DateAugust 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
146,790.95 593,387.49
161,667.16 161,667.16
-229,038.94 -584,313.66
79,419.17 170,740.99
2,390.22 5,735.86

0.00 0.00
81,809.39
176,476.85
Run Date: 9/6/2024 - 2:17 PM
Amortizing
25 76
Income Earned
City of Lynwood August 01, 2024 - August 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 1,772.35 0.00 2,162.02 389.67 0.00 389.67 27002YFE1 08/18/2025 248,000.00EagleBank 248,000.00 248,000.00 313.91 695.08 313.91 695.08 0.00 695.08 05580AXF6 09/25/2025 248,000.00BMW Bank 248,000.00 248,000.00 438.25 0.00 543.56 105.31 0.00 105.31 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 652.27 0.00 862.90 210.63 0.00 210.63 02007GUP6 07/07/2026 248,000.00Ally Bank 248,000.00 248,000.00 569.04 0.00 1,274.65 705.61 0.00 705.61 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 109.73 0.00 309.83 200.10 0.00 200.10 90348JR93 08/11/2026 248,000.00UBS Bank USA 248,000.00 248,000.00 135.55 200.10 135.55 200.10 0.00 200.10 15721UFP9 09/15/2026 248,000.00CFBank 248,000.00 248,000.00 548.66 1,000.49 548.66 1,000.49 0.00 1,000.49 32117BFR4 09/23/2026 248,000.00First National Bank 248,000.00 248,000.00 305.75 1,053.15 305.75 1,053.15 0.00 1,053.15 910286GM9 06/29/2027 248,000.00United Fidelity Bank FSB 247,669.79 247,679.42 92.75 958.37 92.75 958.37 9.63 968.00 254673L38 07/06/2027 248,000.00Discover Bank 248,000.00 248,000.00 600.64 0.00 1,316.78 716.14 0.00 716.14 14042RST9 07/07/2027 248,000.00Capital One Bank NA 248,000.00 248,000.00 586.03 0.00 1,312.70 726.67 0.00 726.67 14042TJD0 08/03/2027 248,000.00Capital One Bank USA 248,000.00 248,000.00 4,341.70 4,389.94 699.50 747.74 0.00 747.74 61768ELH4 08/04/2027 248,000.00Morgan Stanley Private Bank 248,000.00 248,000.00 4,256.77 4,328.11 665.86 737.20 0.00 737.20 87164XN93 08/05/2027 248,000.00Synchrony Bank 248,000.00 248,000.00 4,232.99 4,328.11 642.08 737.20 0.00 737.20 02589ADQ2 08/10/2027 205,000.00American Express National Bank 204,379.04 204,396.46 3,352.17 3,526.56 426.29 600.68 17.42 618.10 62847NEQ5 08/13/2027 248,000.00MVB Bank Inc 0.00 248,000.00 0.00 0.00 535.75 535.75 0.00 535.75 32114VCH8 03/15/2028 248,000.00First National Bank of Michigan 248,000.00 248,000.00 531.33 968.90 531.33 968.90 0.00 968.90 61690U3C2 03/16/2028 248,000.00Morgan Stanley Bank 247,604.61 247,613.87 4,500.69 0.00 5,511.72 1,011.03 9.26 1,020.29 062119BK7 03/20/2028 248,000.00Bank Five Nine 248,000.00 248,000.00 379.13 979.43 379.13 979.43 0.00 979.43 05600XQE3 05/16/2028 248,000.00BMO Harris Bank NA 247,582.41 247,591.75 2,354.30 0.00 3,302.14 947.84 9.35 957.19 12547CBJ6 05/16/2028 248,000.00CIBC Bank USA 247,580.53 247,589.91 2,275.82 0.00 3,192.07 916.25 9.39 925.64 857894Q77 08/14/2028 248,000.00Stearns Bank NA 0.00 247,755.05 0.00 0.00 522.84 522.84 3.05 525.89 949764HK3 11/07/2028 248,000.00Wells Fargo Bank NA 247,532.02 247,541.32 857.81 1,063.68 857.81 1,063.68 9.30 1,072.98 06251A6Z8 05/21/2029 248,000.00Bank Hapoalim 247,473.23 247,482.54 2,250.35 0.00 3,219.24 968.89 9.30 978.19 Certificates of Deposit - Sub Total 6,157,000.00 5,657,821.63 6,153,650.33 35,457.99 23,491.92 29,664.82 17,698.75 76.70 17,775.45 Corporate Bonds
64952WDL4 01/22/2025 250,000.00New York Life 249,914.74 249,929.70 125.00 0.00 541.67 416.67 14.96 431.63 88579YBH3 02/14/2025 500,000.003M 494,830.59 495,634.13 4,638.89 5,000.00 472.22 833.33 803.53 1,636.86 30231GBH4 03/19/2025 250,000.00Exxon Mobil 253,039.00 252,639.13 2,742.67 0.00 3,366.00 623.33 -399.87 223.46 59217GFC8 08/25/2025 500,000.00MetLife 499,779.56 499,796.78 8,775.00 10,125.00 337.50 1,687.50 17.22 1,704.72 037833BY5 02/23/2026 500,000.00Apple 498,251.01 498,344.37 7,131.94 8,125.00 361.11 1,354.17 93.36 1,447.53 857477CL5 03/18/2027 500,000.00State Street Corp 496,989.70 497,085.06 9,223.18 0.00 11,303.60 2,080.42 95.36 2,175.78 Run Date: 9/6/2024 - 2:17 PM
Amortizing
26 77
Income Earned
City of Lynwood August 01, 2024 - August 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
808513BW4 04/01/2027 250,000.00Charles Schwab 249,682.06 249,691.99 2,750.00 0.00 3,437.50 687.50 9.94 697.44 023135CF1 04/13/2027 250,000.00Amazon 248,888.11 248,922.43 2,475.00 0.00 3,162.50 687.50 34.32 721.82 89236TKQ7 01/12/2028 400,000.00Toyota Motor Credit 393,439.24 393,597.84 976.39 0.00 2,518.06 1,541.67 158.60 1,700.27 904764BS5 09/08/2028 500,000.00Unilever Capital Corp 496,257.88 496,333.89 9,682.29 0.00 11,713.54 2,031.25 76.01 2,107.26 17325FBK3 08/06/2029 500,000.00Citibank 0.00 506,376.89 0.00 -873.53 1,679.86 806.33 -43.11 763.22 Corporate Bonds - Sub Total 4,400,000.00 3,881,071.88 4,388,352.20 48,520.36 22,376.47 38,893.56 12,749.67 860.32 13,609.99 LAIF
9819499 09/01/2024 10,474,274.13LAIF 35,474,274.13 10,474,274.13 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total
10,474,274.13 35,474,274.13 10,474,274.13 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 09/01/2024 1,761,926.88Goldman Sachs Govt MMF 617,864.00 1,761,926.88 4,110.06 4,110.06 7,205.74 7,205.74 0.00 7,205.74 Money Market Funds - Sub Total
1,761,926.88 617,864.00 1,761,926.88 4,110.06 4,110.06 7,205.74 7,205.74 0.00 7,205.74 U.S. Agencies
3133ENG20 08/15/2024 0.00FFCB 999,966.81 0.00 15,216.67 16,500.00 0.00 1,283.33 33.19 1,316.52 3133EK3B0 10/16/2024 200,000.00FFCB 199,932.05 199,959.23 875.00 0.00 1,125.00 250.00 27.18 277.18 3130A4CH3 03/14/2025 500,000.00FHLB 505,771.19 504,994.80 4,519.10 0.00 5,508.68 989.58 -776.39 213.19 3136G4H71 08/12/2025 500,000.00FNMA 500,000.00 500,000.00 1,131.94 1,250.00 90.28 208.34 0.00 208.34 3130ASYR4 08/28/2025 2,000,000.00FHLB 2,000,000.00 2,000,000.00 34,000.00 40,000.00 666.67 6,666.67 0.00 6,666.67 3137EAEX3 09/23/2025 500,000.00FHLMC 499,420.23 499,462.44 666.67 0.00 822.92 156.25 42.22 198.47 3130AXU63 11/17/2026 1,000,000.00FHLB 998,646.28 998,695.44 9,506.94 0.00 13,361.11 3,854.17 49.17 3,903.34 3130AQEC3 12/30/2026 500,000.00FHLB 500,000.00 500,000.00 589.86 0.00 1,160.69 570.83 0.00 570.83 3130AL5A8 02/26/2027 500,000.00FHLB 460,854.15 462,123.75 1,937.50 2,250.00 62.50 375.00 1,269.60 1,644.60 3130ARTT8 05/19/2027 600,000.00FHLB 600,000.00 600,000.00 4,500.00 0.00 6,375.00 1,875.00 0.00 1,875.00 3130AT2L0 08/25/2027 1,000,000.00FHLB 1,000,000.00 1,000,000.00 17,550.00 20,250.00 675.00 3,375.00 0.00 3,375.00 3134GYUE0 06/28/2028 0.00FHLMC 1,000,000.00 0.00 5,500.00 10,000.00 0.00 4,500.00 0.00 4,500.00 3133EPZN8 10/24/2028 1,000,000.00FFCB 999,052.36 999,071.02 13,472.22 0.00 17,638.89 4,166.67 18.67 4,185.34 3133EP5U5 03/20/2029 541,000.00FFCB 527,764.52 528,002.42 8,120.64 0.00 9,980.32 1,859.68 237.91 2,097.59 3133ERKJ9 07/05/2029 1,000,000.00FFCB 1,009,405.17 1,009,246.12 3,159.72 0.00 6,805.56 3,645.84 -159.05 3,486.79 U.S. Agencies - Sub Total
9,841,000.00 11,800,812.74 9,801,555.23 120,746.26 90,250.00 64,272.62 33,776.36 742.48 34,518.84 Run Date: 9/6/2024 - 2:17 PM
Amortizing
27 78
Income Earned
City of Lynwood August 01, 2024 - August 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
912797LE5 11/21/2024 25,292,000.00U.S. Treasury 0.00 25,000,556.07 0.00 0.00 0.00 0.00 0.00 0.00 912828YV6 11/30/2024 1,000,000.00U.S. Treasury 1,003,553.83 1,002,650.81 2,540.98 0.00 3,811.48 1,270.50 -903.02 367.48 912828ZT0 05/31/2025 500,000.00U.S. Treasury 498,204.65 498,387.73 211.75 0.00 317.62 105.87 183.08 288.95 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 996,785.61 996,990.23 635.25 0.00 952.87 317.62 204.61 522.23 91282CBH3 01/31/2026 500,000.00U.S. Treasury 498,303.19 498,399.00 5.10 0.00 163.04 157.94 95.81 253.75 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,000,898.59 1,000,856.95 1,270.49 0.00 1,905.74 635.25 -41.64 593.61 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 496,913.58 497,034.54 1,470.29 0.00 1,840.85 370.56 120.96 491.52 91282CFU0 10/31/2027 565,000.00U.S. Treasury 557,261.73 557,463.83 5,889.89 0.00 7,853.19 1,963.30 202.09 2,165.39 91282CGC9 12/31/2027 630,000.00U.S. Treasury 620,511.16 620,746.86 2,122.83 0.00 4,179.31 2,056.48 235.70 2,292.18 9128286B1 02/15/2029 500,000.00U.S. Treasury 467,168.63 467,781.74 6,057.69 6,562.50 606.32 1,111.13 613.12 1,724.25 U.S. Treasuries - Sub Total 31,487,000.00 6,139,600.97 31,140,867.75 20,204.27 6,562.50 21,630.42 7,988.65 710.71 8,699.36 64,121,201.01Grand Total 63,571,445.35 63,720,626.52 229,038.94 146,790.95 161,667.16 79,419.17 2,390.22 81,809.39 Run Date: 9/6/2024 - 2:17 PM
Amortizing
28 79
Realized Gains and Losses
City of Lynwood August 01, 2024 - August 31, 2024
Par Value Sale Date Days Held Maturity/Sales RealizedCUSIP Coupon Rate Maturity Date Book Value Proceeds Gain/LossPurchase Date TermIssuer U.S. Agencies
3133ENG20 1,000,000.0008/18/2022 08/15/2024 728 1,000,000.00 0.00 1,000,000.00 08/15/2024 728FFCB 3.300%
3134GYUE0 1,000,000.0006/30/2023 08/28/2024 425 1,000,000.00 0.00 1,000,000.00 06/28/2028 1,825FHLMC 6.000%
Total U.S. Agencies 0.00 2,000,000.00 2,000,000.00
Grand Total 0.00 2,000,000.00 2,000,000.00
Run Date: 9/6/2024 - 2:17 PM
Amortizing
29 80
Transaction Report
City of Lynwood August 01, 2024 - August 31, 2024
Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 08/02/2024 Interest FGTXX GSGF - - 4,110.06 - - 08/05/2024 Interest 87164XN93 SYF 3 1/2 08/05/27 08/05/2027 - - 4,328.11 - - 08/05/2024 Interest 14042TJD0 COF 3.55 08/03/27 08/03/2027 - - 4,389.94 - - 08/05/2024 Interest 61768ELH4 MS 3 1/2 08/04/27 08/04/2027 - - 4,328.11 - - 08/07/2024 Interest 949764HK3 WFC 5.05 11/07/28 11/07/2028 - - 1,063.68 - - 08/12/2024 Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 200.10 - - 08/12/2024 Interest 02589ADQ2 AXP 3.45 08/10/27 08/10/2027 - - 3,526.56 - - 08/13/2024 Purchase 857894Q77 STEARN 4.05 08/14/28 08/14/2028 -247,752.00 - - - - 08/13/2024 Purchase 62847NEQ5 MVBF 4.15 08/13/27 08/13/2027 -248,000.00 - - - - 08/14/2024 Interest 88579YBH3 MMM 2 02/14/25 02/14/2025 - - 5,000.00 - - 08/15/2024 Interest 32114VCH8 FNBMIC 4.6 03/15/28 03/15/2028 - - 968.90 - - 08/15/2024 Interest 15721UFP9 CFBK 4 3/4 09/15/26 09/15/2026 - - 1,000.49 - - 08/15/2024 Interest 9128286B1 T 2 5/8 02/15/29 02/15/2029 - - 6,562.50 - - 08/15/2024 Maturity 3133ENG20 FFCB 3.3 08/15/24 08/15/2024 - 1,000,000.00 - - - 08/15/2024 Interest 3133ENG20 FFCB 3.3 08/15/24 08/15/2024 - - 16,500.00 - - 08/19/2024 Interest 27002YFE1 EGBN 3.3 08/18/25 08/18/2025 - - 695.08 - - 08/19/2024 Interest 3136G4H71 FNMA 0 1/2 08/18/25 08/12/2025 - - 1,250.00 - - 08/19/2024 Purchase 17325FBK3 C 4.838 08/06/29 08/06/2029 -506,420.00 - -873.53 - - 08/20/2024 Interest 062119BK7 FBFCEN 4.65 03/20/28 03/20/2028 - - 979.43 - - 08/23/2024 Interest 037833BY5 AAPL 3 1/4 02/23/26 02/23/2026 - - 8,125.00 - - 08/23/2024 Interest 32117BFR4 FNLC 5 09/23/26 09/23/2026 - - 1,053.15 - - 08/26/2024 Interest 3130AL5A8 FHLB 0.9 02/26/27 02/26/2027 - - 2,250.00 - - 08/26/2024 Interest 59217GFC8 MET 4.05 08/25/25 08/25/2025 - - 10,125.00 - - 08/26/2024 Interest 3130AT2L0 FHLB 4.05 08/25/27 08/25/2027 - - 20,250.00 - - 08/28/2024 Interest 3130ASYR4 FHLB 4 08/28/25 08/28/2025 - - 40,000.00 - - 08/28/2024 Deposit FGTXX - - - 25,000,000.00 -
08/28/2024 Withdrawal LAIF Withdrawal - - - - -25,000,000.00 08/28/2024 Call 3134GYUE0 FHLMC 6 06/28/28 06/28/2028 - 1,000,000.00 10,000.00 - - 08/29/2024 Interest 910286GM9 FFED 4.55 06/29/27 06/29/2027 - - 958.37 - - 08/30/2024 Purchase 912797LE5 TREASURY BILL 11/21/2024 -25,000,556.07 - - - - Grand Total: -26,002,728.07 2,000,000.00 146,790.95 25,000,000.00 -25,000,000.00 Run Date: 9/6/2024 - 2:17 PM
Amortizing
30 81
Run Date: 10/7/2024 - 12:41 PM
Amortizing Page 2
Portfolio Summary
City of Lynwood 9/30/2024

SECTOR ALLOCATION MATURITY DISTRIBUTION CREDIT QUALITY (MOODY'S)

ACCOUNT SUMMARY MONTH-END PORTFOLIO BOOK YIELD TOP ISSUERS 9/30/24 8/31/24 Issuer % Portfolio
Market Value $63,893,511 $63,584,774 U.S. Treasury 48.9% Book Value $63,902,658 $63,720,627 LAIF 16.4%
Variance -$9,147 -$135,852 FHLB 9.5%
FFCB 5.9%
Par Value $64,190,689 $64,121,201 Goldman Sachs Govt MMF 1.7% Citigroup 0.8%
Net Asset Value $99.99 $99.79 FNMA 0.8%
MetLife 0.8%
Book Yield 4.21% 4.23% FHLMC 0.8%
Apple 0.8%
Market Yield 4.36% 4.59% State Street Corp 0.8%
Unilever Capital Corp 0.8%
Years to Maturity 1.07 1.06 3M 0.8%
Toyota 0.6%
Effective Duration 0.94 0.94 Exxon Mobil 0.4%
Oct-23
Nov-23
Dec-23
Jan-24
Feb-24
Mar-24
Apr-24
May-24
Jun-24
Jul-24
Aug-24
Sep-24

2.40%

2.90%

3.40%

3.90%

4.40%

1.7%

6.9%

9.2%

16.4%

16.9%

48.9%
MMF
CORP
CD
LAIF
AGY
TSY
100%75%50%25%0%

68.6%

7.8% 10.2%

5.6% 7.8%
0-1Y 1-2Y 2-3Y 3-4Y 4-5Y+
0%
10%
20%
30%
40%
50%
60%
70%

25.6%

0.8%

0.4%

2.6%

1.6%

0.4%

29.4%

39.3%
NR
A3
A2
A1
Aa3
Aa2
Aa1
Aaa
P-1
100%75%50%25%0%
2 82
Run Date: 10/7/2024 - 12:41 PM
Amortizing Page 3
Investment Policy Compliance
City of Lynwood 9/30/2024
Category Book Value % of Portfolio % Allowed by Policy In ComplianceReserved row US Treasuries 31,249,497.74 48.90% 100% Yes
US Federal Agencies 10,804,623.47 16.91% 100% Yes
Supranational Obligations 0.00 0.00% 30% Yes
LAIF 10,474,274.13 16.39% 75,000,000 Yes
Commercial Paper 0.00 0.00% 25% Yes
Money Market Funds 1,079,414.87 1.69% 20% Yes
Negotiable Certificates of Deposit 5,905,726.69 9.24% 30% Yes Corporate Obligations 4,389,121.34 6.87% 30% Yes
State and Local Governments 0.00 0.00% 100% Yes
Total 63,902,658.24 100.00%
Other Metrics Portfolio Metric In Compliance
Weighted Average Maturity 1.07 Less than 3.0 Years Yes
Liquidity 68.64% 30% Under 365 Days Yes
Ratings Yes
3 83
Run Date: 10/7/2024 - 12:41 PM
Amortizing Page 10
Top 40 Issuer Allocations
City of Lynwood 9/30/2024

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.4%

0.6%

0.8%

0.8%

0.8%

0.8%

0.8%

0.8%

0.8%

0.8%

1.7%

5.9%

9.5%

16.4%

48.9%
Wells Fargo
CIBC Bank USA
BMO Harris Bank NA
Morgan Stanley Bank
United Fidelity Bank FSB
Stearns Bank NA
UBS Bank USA
Ally Bank
CFBank
Capital One Bank USA
Capital One Bank NA
BMW Bank
EagleBank
Discover Bank
Bank Five Nine
First National Bank of Michigan
First National Bank
MVB Bank Inc
Morgan Stanley Private Bank
State Bank of India
Toyota Financial Savings Bank
Synchrony Bank
Amazon
Charles Schwab
New York Life
Exxon Mobil
Toyota
Unilever Capital Corp
3M
State Street Corp
Apple
FHLMC
MetLife
FNMA
Citigroup
Goldman Sachs Govt MMF
FFCB
FHLB
LAIF
U.S. Treasury
55%50%45%40%35%30%25%20%15%10%5%0%
10 84
Portfolio Summary
City of Lynwood September 30, 2024
Investments Par Value Book Value
% of
Portfolio YTMMaturity
Days to
Market Value
Book
Certificates of Deposit 5,909,000.00 5,905,726.69 9.24 3.60 997 5,917,052.12 Corporate Bonds 4,400,000.00 4,389,121.34 6.87 4.04 808 4,422,103.00 LAIF 10,474,274.13 10,474,274.13 16.39 4.58 1 10,474,274.13 Money Market Funds 1,079,414.87 1,079,414.87 1.69 4.84 1 1,079,414.87 U.S. Agencies 10,841,000.00 10,804,623.47 16.91 3.51 947 10,838,706.26 U.S. Treasuries 31,487,000.00 31,249,497.74 48.90 4.45 168 31,161,961.03 63,902,658.24 100.00 390 63,893,511.41 4.21 64,190,689.00 Investments
September 30 Month Ending Fiscal Year To DateTotal Earnings Current Year 184,894.93 361,371.78
Average Daily Balance 63,814,816.83 63,606,408.78
Book Rate of Return 3.53% 2.25%
Run Date: 10/7/2024 - 12:43 PM
Amortizing
15 85
Holdings Report
City of Lynwood September 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
27002YFE1 248,000.00EagleBank 08/18/2022 248,000.00 98.64 244,632.58 0.39% NR/NR 0.8808/18/2025 -3,367.42 NR 0.86 291.48 3.30% 248,000.00 4.88%3.300% 05580AXF6 248,000.00BMW Bank 09/25/2020 248,000.00 95.25 236,212.37 0.39% NR/NR 0.9909/25/2025 -11,787.63 NR 0.98 20.38 0.50% 248,000.00 5.52%0.500% 856283S98 248,000.00State Bank of India 04/27/2021 248,000.00 95.46 236,728.59 0.39% NR/NR 1.5704/27/2026 -11,271.41 NR 1.55 1,066.74 1.00% 248,000.00 4.01%1.000% 02007GUP6 248,000.00Ally Bank 07/07/2022 248,000.00 99.04 245,608.38 0.39% NR/NR 1.7707/07/2026 -2,391.62 NR 1.69 1,957.50 3.35% 248,000.00 3.92%3.350% 89235MLC3 248,000.00Toyota Financial Savings Bank 07/15/2021 248,000.00 94.87 235,265.33 0.39% NR/NR 1.7907/15/2026 -12,734.67 NR 1.77 503.47 0.95% 248,000.00 3.95%0.950% 90348JR93 248,000.00UBS Bank USA 08/11/2021 248,000.00 94.68 234,800.54 0.39% NR/NR 1.8608/11/2026 -13,199.46 NR 1.84 129.10 0.95% 248,000.00 3.93%0.950% 15721UFP9 248,000.00CFBank 03/15/2023 248,000.00 101.71 252,249.83 0.39% NR/NR 1.9609/15/2026 4,249.83 NR 1.85 516.38 4.75% 248,000.00 3.84%4.750% 32117BFR4 248,000.00First National Bank 03/23/2023 248,000.00 102.21 253,470.84 0.39% NR/NR 1.9809/23/2026 5,470.84 NR 1.86 271.78 5.00% 248,000.00 3.84%5.000% 910286GM9 248,000.00United Fidelity Bank FSB 06/29/2023 247,546.16 101.93 252,784.76 0.39% NR/NR 2.7506/29/2027 5,096.02 NR 2.53 61.83 4.60% 247,688.74 3.81%4.550%
254673L38 248,000.00Discover Bank 07/07/2022 248,000.00 98.88 245,216.16 0.39% NR/NR 2.7607/06/2027 -2,783.84 NR 2.60 2,009.82 3.40% 248,000.00 3.83%3.400% 14042RST9 248,000.00Capital One Bank NA 07/07/2022 248,000.00 99.01 245,540.06 0.39% NR/NR 2.7707/07/2027 -2,459.94 NR 2.60 2,015.93 3.45% 248,000.00 3.83%3.450% 14042TJD0 248,000.00Capital One Bank USA 08/03/2022 248,000.00 99.26 246,175.00 0.39% NR/NR 2.8408/03/2027 -1,825.00 NR 2.67 1,423.11 3.55% 248,000.00 3.82%3.550% 61768ELH4 248,000.00Morgan Stanley Private Bank 08/04/2022 248,000.00 99.13 245,840.35 0.39% NR/NR 2.8408/04/2027 -2,159.65 NR 2.67 1,379.29 3.50% 248,000.00 3.82%3.500% 87164XN93 248,000.00Synchrony Bank 08/05/2022 248,000.00 98.91 245,287.12 0.39% NR/NR 2.8508/05/2027 -2,712.88 NR 2.67 1,355.51 3.50% 248,000.00 3.91%3.500% 02589ADQ2 205,000.00American Express National Bank 08/12/2022 203,975.00 99.01 202,961.74 0.32% NR/NR 2.8608/10/2027 -1,451.58 NR 2.69 1,007.59 3.56% 204,413.32 3.82%3.450% 62847NEQ5 248,000.00MVB Bank Inc 08/13/2024 248,000.00 100.94 250,341.96 0.39% NR/NR 2.8708/13/2027 2,341.96 NR 2.67 507.55 4.15% 248,000.00 3.80%4.150% 32114VCH8 248,000.00First National Bank of Michigan 03/15/2023 248,000.00 102.82 254,985.50 0.39% NR/NR 3.4603/15/2028 6,985.50 NR 3.16 500.08 4.60% 248,000.00 3.73%4.600% 61690U3C2 248,000.00Morgan Stanley Bank 03/16/2023 247,454.40 103.44 256,524.32 0.39% NR/NR 3.4603/16/2028 8,901.49 NR 3.15 489.21 4.85% 247,622.83 3.73%4.800% 062119BK7 248,000.00Bank Five Nine 03/20/2023 248,000.00 103.00 255,432.68 0.39% NR/NR 3.4703/20/2028 7,432.68 NR 3.17 347.54 4.65% 248,000.00 3.73%4.650% Run Date: 10/7/2024 - 12:43 PM
Amortizing
16 86
Holdings Report
City of Lynwood September 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 247,446.96 102.10 253,211.07 0.39% NR/NR 3.6305/16/2028 5,612.07 NR 3.27 4,078.75 4.40% 247,599.00 3.72%4.350% 05600XQE3 248,000.00BMO Harris Bank NA 05/17/2023 247,449.44 102.61 254,468.14 0.39% NR/NR 3.6305/16/2028 6,867.34 NR 3.26 4,219.40 4.55% 247,600.80 3.72%4.500% 857894Q77 248,000.00Stearns Bank NA 08/13/2024 247,752.00 101.30 251,216.65 0.39% NR/NR 3.8708/14/2028 3,456.51 NR 3.53 1,348.37 4.08% 247,760.14 3.69%4.050% 949764HK3 248,000.00Wells Fargo Bank NA 11/07/2023 247,451.92 105.24 260,993.35 0.39% NR/NR 4.1111/07/2028 13,443.04 NR 3.59 823.50 5.10% 247,550.32 3.67%5.050% 06251A6Z8 248,000.00Bank Hapoalim 05/21/2024 247,451.92 103.67 257,104.79 0.39% NR/NR 4.6405/21/2029 9,613.25 NR 4.07 4,156.89 4.65% 247,491.54 3.73%4.600% 5,904,527.80 5,917,052.12 9.24% 2.73
5,905,726.69 3.60% 5,909,000.00 3.93% 30,481.20 11,325.43 2.53Total Certificates of Deposit Corporate Bonds
64952WDL4 250,000.00New York Life 01/22/2020 249,102.50 99.11 247,782.50 0.39% Aaa/AA+ 0.3101/22/2025 -2,161.66 AAA 0.30 958.33 2.08% 249,944.16 4.88%2.000% 88579YBH3 500,000.003M 09/07/2022 476,510.00 98.89 494,455.00 0.78% A3/BBB+ 0.3802/14/2025 -1,955.88 A- 0.36 1,305.56 4.04% 496,410.88 5.02%2.000% 30231GBH4 250,000.00Exxon Mobil 06/22/2020 272,752.50 99.25 248,120.00 0.39% Aa2/AA- 0.4703/19/2025 -4,132.59 NR 0.44 249.33 0.99% 252,252.59 4.62%2.992% 02/19/2025 59217GFC8 500,000.00MetLife 08/25/2022 499,380.00 99.76 498,800.00 0.78% Aa3/AA- 0.9008/25/2025 -1,013.43 AA- 0.87 2,025.00 4.09% 499,813.43 4.32%4.050% 037833BY5 500,000.00Apple 08/25/2022 496,085.00 99.11 495,525.00 0.78% Aaa/AA+ 1.4002/23/2026 -2,909.62 NR 1.26 1,715.28 3.49% 498,434.62 3.91%3.250% 857477CL5 500,000.00State Street Corp 04/22/2024 496,675.00 102.34 511,695.00 0.78% A1/A 2.4603/18/2027 14,517.75 AA- 2.24 901.51 5.24% 497,177.25 3.99%4.993% 02/18/2027 808513BW4 250,000.00Charles Schwab 04/12/2022 249,407.50 97.96 244,910.00 0.39% A2/A- 2.5004/01/2027 -4,791.60 A 2.30 4,125.00 3.35% 249,701.60 4.17%3.300% 023135CF1 250,000.00Amazon 06/09/2022 248,005.00 98.91 247,277.50 0.39% A1/AA 2.5304/13/2027 -1,678.10 AA- 2.34 3,850.00 3.48% 248,955.60 3.75%3.300% 89236TKQ7 400,000.00Toyota Motor Credit 04/19/2024 392,900.00 101.81 407,228.00 0.62% A1/A+ 3.2801/12/2028 13,476.85 A+ 2.99 4,059.72 5.15% 393,751.15 4.03%4.625% 904764BS5 500,000.00Unilever Capital Corp 09/22/2023 495,475.00 103.00 514,975.00 0.78% A1/A+ 3.9409/08/2028 18,567.64 NR 3.51 1,557.29 5.08% 496,407.36 4.04%4.875% 17325FBK3 500,000.00Citibank 08/19/2024 506,420.00 102.27 511,335.00 0.79% Aa3/A+ 4.8508/06/2029 5,062.30 A+ 4.23 3,695.69 4.54% 506,272.70 4.31%4.838% Run Date: 10/7/2024 - 12:43 PM
Amortizing
17 87
Holdings Report
City of Lynwood September 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
4,382,712.50 4,422,103.00 6.87% 2.21
4,389,121.34 4.04% 4,400,000.00 4.27% 24,442.71 32,981.66 2.00Total Corporate Bonds LAIF
9819499 10,474,274.13LAIF 07/15/2024 10,474,274.13 1.00 10,474,274.13 16.39% NR/NR 0.0010/01/2024

0.00 NR 0.00 0.00 4.58% 10,474,274.13 4.58%4.580%
10,474,274.13 10,474,274.13 16.39% 0.00
10,474,274.13 4.58% 10,474,274.13 4.58% 0.00 0.00 0.00Total LAIF Money Market Funds
FGTXX 1,079,414.87Goldman Sachs Govt MMF 1,079,414.87 1.00 1,079,414.87 1.69% Aaa/AAA 0.0010/01/2024

0.00 NR 0.00 6,163.65 4.84% 1,079,414.87 4.84%4.835% 1,079,414.87 1,079,414.87 1.69% 0.00
1,079,414.87 4.84% 1,079,414.87 4.84% 6,163.65 0.00 0.00Total Money Market Funds U.S. Agencies
3133EK3B0 200,000.00FFCB 10/17/2019 198,370.00 99.86 199,726.00 0.31% Aaa/AA+ 0.0410/16/2024 -259.50 AA+ 0.04 1,375.00 1.67% 199,985.50 4.56%1.500% 3130A4CH3 500,000.00FHLB 10/07/2020 541,330.00 99.04 495,215.00 0.79% Aaa/AA+ 0.4503/14/2025 -9,029.28 AA+ 0.44 560.76 0.49% 504,244.28 4.51%2.375% 3136G4H71 500,000.00FNMA 08/18/2020 500,000.00 96.96 484,775.00 0.78% Aaa/AA+ 0.8708/12/2025 -15,225.00 AA+ 0.86 298.61 0.50% 500,000.00 4.11%0.500% 02/18/2022 3130ASYR4 2,000,000.00FHLB 08/30/2022 2,000,000.00 99.75 1,994,980.00 3.13% Aaa/AA+ 0.9108/28/2025 -5,020.00 AA+ 0.68 7,333.33 4.00% 2,000,000.00 4.28%4.000% 11/28/2024 3137EAEX3 500,000.00FHLMC 10/20/2020 497,505.00 96.54 482,705.00 0.78% Aaa/AA+ 0.9809/23/2025 -16,798.25 AA+ 0.96 41.67 0.48% 499,503.25 4.01%0.375% 3130AXU63 1,000,000.00FHLB 11/17/2023 998,230.00 101.99 1,019,940.00 1.56% Aaa/AA+ 2.1311/17/2026 21,197.03 AA+ 1.98 17,215.28 4.69% 998,742.97 3.64%4.625% 3130AQEC3 500,000.00FHLB 12/30/2021 500,000.00 94.79 473,950.00 0.78% Aaa/AA+ 2.2512/30/2026 -26,050.00 AA+ 2.16 1,731.53 1.37% 500,000.00 3.81%1.370% 12/30/2024 3130AL5A8 500,000.00FHLB 02/09/2023 438,340.00 93.23 466,140.00 0.73% Aaa/AA+ 2.4102/26/2027 2,788.98 AA+ 2.33 437.50 4.25% 463,351.02 3.88%0.900% 11/26/2024 3130ARTT8 600,000.00FHLB 05/19/2022 600,000.00 99.47 596,820.00 0.94% Aaa/AA+ 2.6305/19/2027 -3,180.00 AA+ 0.83 8,250.00 3.75% 600,000.00 3.96%3.750% 11/19/2024 Run Date: 10/7/2024 - 12:43 PM
Amortizing
18 88
Holdings Report
City of Lynwood September 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 99.35 993,480.00 1.56% Aaa/AA+ 2.9008/25/2027 -6,520.00 AA+ 1.11 4,050.00 4.05% 1,000,000.00 4.29%4.050% 11/25/2024 3133EPZN8 1,000,000.00FFCB 10/24/2023 998,880.00 105.21 1,052,110.00 1.56% Aaa/AA+ 4.0710/24/2028 53,020.93 AA+ 3.58 21,805.56 5.03% 999,089.07 3.61%5.000% 3133EP5U5 541,000.00FFCB 04/19/2024 526,955.64 102.09 552,285.26 0.83% Aaa/AA+ 4.4703/20/2029 24,052.86 AA+ 4.04 681.89 4.72% 528,232.40 3.62%4.125% 3133ERKJ9 1,000,000.00FFCB 07/15/2024 1,009,490.00 103.28 1,032,780.00 1.58% Aaa/AA+ 4.7607/05/2029 23,687.63 AA+ 4.22 10,451.39 4.16% 1,009,092.37 3.62%4.375% 3133ERSP7 1,000,000.00FFCB 09/17/2024 1,002,400.00 99.38 993,800.00 1.57% Aaa/AA+ 4.9509/10/2029 -8,582.60 AA+ 4.48 2,041.67 3.45% 1,002,382.60 3.64%3.500% 10,811,500.64 10,838,706.26 16.91% 2.59
10,804,623.47 3.51% 10,841,000.00 3.95% 76,274.19 34,082.80 2.10Total U.S. Agencies U.S. Treasuries
912797LE5 25,292,000.00U.S. Treasury 08/30/2024 25,000,555.98 99.34 25,126,084.48 39.29% P-1/A-1+ 0.1411/21/2024 17,586.21 F1+ 0.14 0.00 5.13% 25,108,498.27 4.65%0.000% 912828YV6 1,000,000.00U.S. Treasury 07/22/2021 1,035,742.19 99.46 994,580.00 1.57% Aaa/AA+ 0.1711/30/2024 -7,196.91 AA+ 0.16 5,040.98 0.43% 1,001,776.91 4.75%1.500% 912828ZT0 500,000.00U.S. Treasury 06/29/2021 491,542.97 97.42 487,085.00 0.78% Aaa/AA+ 0.6705/31/2025 -11,479.90 AA+ 0.65 420.08 0.69% 498,564.90 4.22%0.250% 91282CAZ4 1,000,000.00U.S. Treasury 07/22/2021 989,492.19 96.04 960,350.00 1.56% Aaa/AA+ 1.1711/30/2025 -36,838.24 AA+ 1.14 1,260.25 0.62% 997,188.24 3.88%0.375% 91282CBH3 500,000.00U.S. Treasury 02/25/2021 494,433.59 95.57 477,870.00 0.78% Aaa/AA+ 1.3401/31/2026 -20,621.72 AA+ 1.30 315.90 0.60% 498,491.72 3.81%0.375% 91282CCF6 1,000,000.00U.S. Treasury 07/22/2021 1,002,382.81 95.24 952,420.00 1.57% Aaa/AA+ 1.6705/31/2026 -48,396.66 AA+ 1.62 2,520.49 0.70% 1,000,816.66 3.72%0.750% 91282CCZ2 500,000.00U.S. Treasury 10/19/2021 492,949.22 94.71 473,535.00 0.78% Aaa/AA+ 2.0009/30/2026 -23,616.59 AA+ 1.94 12.02 1.17% 497,151.59 3.64%0.875% 91282CFU0 565,000.00U.S. Treasury 05/23/2024 556,811.91 101.55 573,763.15 0.87% Aaa/AA+ 3.0810/31/2027 16,103.75 AA+ 2.82 9,753.16 4.58% 557,659.40 3.59%4.125% 91282CGC9 630,000.00U.S. Treasury 03/03/2023 616,587.89 100.92 635,783.40 0.97% Aaa/AA+ 3.2512/31/2027 14,808.44 AA+ 3.00 6,169.46 4.37% 620,974.96 3.57%3.875% 9128286B1 500,000.00U.S. Treasury 02/21/2024 463,984.38 96.10 480,490.00 0.73% Aaa/AA+ 4.3802/15/2029 12,114.92 AA+ 4.07 1,676.29 4.24% 468,375.08 3.60%2.625% Run Date: 10/7/2024 - 12:43 PM
Amortizing
19 89
Holdings Report
City of Lynwood September 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
31,144,483.14 31,161,961.03 48.90% 0.46
31,249,497.74 4.45% 31,487,000.00 4.50% 27,168.63 -87,536.70 0.44Total U.S. Treasuries 63,796,913.08 63,893,511.41 100.00% 1.07
164,530.38 -9,146.81 0.94 4.36% 63,902,658.24 4.21% 64,190,689.00TOTAL PORTFOLIO TOTAL MARKET VALUE PLUS ACCRUED INTEREST 64,058,041.79 Run Date: 10/7/2024 - 12:43 PM
Amortizing
20 90
Maturity Report
City of Lynwood September 30, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
FGTXX 4.835% 1Goldman Sachs Govt MMF 1,079,414.87 10/01/2024 1 4.84% 1,079,414.87 1,079,414.87 9819499 4.580% 1LAIF 04/02/2024 10,474,274.13 10/01/2024 1 4.58% 10,474,274.13 10,474,274.13 3133EK3B0 1.500% 1,810FFCB 10/17/2019 199,985.50 10/16/2024 16 1.67% 200,000.00 199,726.00 912797LE5 0.000% 31U.S. Treasury 08/30/2024 25,108,498.27 11/21/2024 52 5.13% 25,292,000.00 25,126,084.48 912828YV6 1.500% 1,166U.S. Treasury 07/22/2021 1,001,776.91 11/30/2024 61 0.43% 1,000,000.00 994,580.00 64952WDL4 2.000% 1,713New York Life 01/22/2020 249,944.16 01/22/2025 114 2.08% 250,000.00 247,782.50 88579YBH3 2.000% 7543M 09/07/2022 496,410.88 02/14/2025 137 4.04% 500,000.00 494,455.00 3130A4CH3 2.375% 1,454FHLB 10/07/2020 504,244.28 03/14/2025 165 0.49% 500,000.00 495,215.00 30231GBH4 2.992% 1,561Exxon Mobil 06/22/2020 252,252.59 03/19/2025 170 0.99% 250,000.00 248,120.00 912828ZT0 0.250% 1,189U.S. Treasury 06/29/2021 498,564.90 05/31/2025 243 0.69% 500,000.00 487,085.00 3136G4H71 0.500% 1,504FNMA 08/18/2020 500,000.00 08/12/2025 316 0.50% 500,000.00 484,775.00 27002YFE1 3.300% 774EagleBank 08/18/2022 248,000.00 08/18/2025 322 3.30% 248,000.00 244,632.58 59217GFC8 4.050% 767MetLife 08/25/2022 499,813.43 08/25/2025 329 4.09% 500,000.00 498,800.00 3130ASYR4 4.000% 762FHLB 08/30/2022 2,000,000.00 08/28/2025 332 4.00% 2,000,000.00 1,994,980.00 3137EAEX3 0.375% 1,441FHLMC 10/20/2020 499,503.25 09/23/2025 358 0.48% 500,000.00 482,705.00 05580AXF6 0.500% 1,466BMW Bank 09/25/2020 248,000.00 09/25/2025 360 0.50% 248,000.00 236,212.37 91282CAZ4 0.375% 1,166U.S. Treasury 07/22/2021 997,188.24 11/30/2025 426 0.62% 1,000,000.00 960,350.00 91282CBH3 0.375% 1,313U.S. Treasury 02/25/2021 498,491.72 01/31/2026 488 0.60% 500,000.00 477,870.00 037833BY5 3.250% 767Apple 08/25/2022 498,434.62 02/23/2026 511 3.49% 500,000.00 495,525.00 856283S98 1.000% 1,252State Bank of India 04/27/2021 248,000.00 04/27/2026 574 1.00% 248,000.00 236,728.59 91282CCF6 0.750% 1,166U.S. Treasury 07/22/2021 1,000,816.66 05/31/2026 608 0.70% 1,000,000.00 952,420.00 02007GUP6 3.350% 816Ally Bank 07/07/2022 248,000.00 07/07/2026 645 3.35% 248,000.00 245,608.38 89235MLC3 0.950% 1,173Toyota Financial Savings Bank 07/15/2021 248,000.00 07/15/2026 653 0.95% 248,000.00 235,265.33 90348JR93 0.950% 1,146UBS Bank USA 08/11/2021 248,000.00 08/11/2026 680 0.95% 248,000.00 234,800.54 15721UFP9 4.750% 565CFBank 03/15/2023 248,000.00 09/15/2026 715 4.75% 248,000.00 252,249.83 32117BFR4 5.000% 557First National Bank 03/23/2023 248,000.00 09/23/2026 723 5.00% 248,000.00 253,470.84 91282CCZ2 0.875% 1,077U.S. Treasury 10/19/2021 497,151.59 09/30/2026 730 1.17% 500,000.00 473,535.00 3130AXU63 4.625% 318FHLB 11/17/2023 998,742.97 11/17/2026 778 4.69% 1,000,000.00 1,019,940.00 3130AQEC3 1.370% 1,005FHLB 12/30/2021 500,000.00 12/30/2026 821 1.37% 500,000.00 473,950.00 3130AL5A8 0.900% 599FHLB 02/09/2023 463,351.02 02/26/2027 879 4.25% 500,000.00 466,140.00 857477CL5 4.993% 161State Street Corp 04/22/2024 497,177.25 03/18/2027 899 5.24% 500,000.00 511,695.00 808513BW4 3.300% 902Charles Schwab 04/12/2022 249,701.60 04/01/2027 913 3.35% 250,000.00 244,910.00 023135CF1 3.300% 844Amazon 06/09/2022 248,955.60 04/13/2027 925 3.48% 250,000.00 247,277.50 3130ARTT8 3.750% 865FHLB 05/19/2022 600,000.00 05/19/2027 961 3.75% 600,000.00 596,820.00 910286GM9 4.550% 459United Fidelity Bank FSB 06/29/2023 247,688.74 06/29/2027 1,002 4.60% 248,000.00 252,784.76 254673L38 3.400% 816Discover Bank 07/07/2022 248,000.00 07/06/2027 1,009 3.40% 248,000.00 245,216.16 Run Date: 10/7/2024 - 12:44 PM
Amortizing
21 91
Maturity Report
City of Lynwood September 30, 2024
CUSIP Date
Purchase
Value
Book
Rate
Coupon
Date
Maturity
Par
Remaining
Term Value
Market
YTMIssuer
Days to
Maturity
Book
14042RST9 3.450% 816Capital One Bank NA 07/07/2022 248,000.00 07/07/2027 1,010 3.45% 248,000.00 245,540.06 14042TJD0 3.550% 789Capital One Bank USA 08/03/2022 248,000.00 08/03/2027 1,037 3.55% 248,000.00 246,175.00 61768ELH4 3.500% 788Morgan Stanley Private Bank 08/04/2022 248,000.00 08/04/2027 1,038 3.50% 248,000.00 245,840.35 87164XN93 3.500% 787Synchrony Bank 08/05/2022 248,000.00 08/05/2027 1,039 3.50% 248,000.00 245,287.12 02589ADQ2 3.450% 780American Express National Bank 08/12/2022 204,413.32 08/10/2027 1,044 3.56% 205,000.00 202,961.74 62847NEQ5 4.150% 48MVB Bank Inc 08/13/2024 248,000.00 08/13/2027 1,047 4.15% 248,000.00 250,341.96 3130AT2L0 4.050% 762FHLB 08/30/2022 1,000,000.00 08/25/2027 1,059 4.05% 1,000,000.00 993,480.00 91282CFU0 4.125% 130U.S. Treasury 05/23/2024 557,659.40 10/31/2027 1,126 4.58% 565,000.00 573,763.15 91282CGC9 3.875% 577U.S. Treasury 03/03/2023 620,974.96 12/31/2027 1,187 4.37% 630,000.00 635,783.40 89236TKQ7 4.625% 164Toyota Motor Credit 04/19/2024 393,751.15 01/12/2028 1,199 5.15% 400,000.00 407,228.00 32114VCH8 4.600% 565First National Bank of Michigan 03/15/2023 248,000.00 03/15/2028 1,262 4.60% 248,000.00 254,985.50 61690U3C2 4.800% 564Morgan Stanley Bank 03/16/2023 247,622.83 03/16/2028 1,263 4.85% 248,000.00 256,524.32 062119BK7 4.650% 560Bank Five Nine 03/20/2023 248,000.00 03/20/2028 1,267 4.65% 248,000.00 255,432.68 05600XQE3 4.500% 502BMO Harris Bank NA 05/17/2023 247,600.80 05/16/2028 1,324 4.55% 248,000.00 254,468.14 12547CBJ6 4.350% 502CIBC Bank USA 05/17/2023 247,599.00 05/16/2028 1,324 4.40% 248,000.00 253,211.07 857894Q77 4.050% 48Stearns Bank NA 08/13/2024 247,760.14 08/14/2028 1,414 4.08% 248,000.00 251,216.65 904764BS5 4.875% 374Unilever Capital Corp 09/22/2023 496,407.36 09/08/2028 1,439 5.08% 500,000.00 514,975.00 3133EPZN8 5.000% 342FFCB 10/24/2023 999,089.07 10/24/2028 1,485 5.03% 1,000,000.00 1,052,110.00 949764HK3 5.050% 328Wells Fargo Bank NA 11/07/2023 247,550.32 11/07/2028 1,499 5.10% 248,000.00 260,993.35 9128286B1 2.625% 222U.S. Treasury 02/21/2024 468,375.08 02/15/2029 1,599 4.24% 500,000.00 480,490.00 3133EP5U5 4.125% 164FFCB 04/19/2024 528,232.40 03/20/2029 1,632 4.72% 541,000.00 552,285.26 06251A6Z8 4.600% 132Bank Hapoalim 05/21/2024 247,491.54 05/21/2029 1,694 4.65% 248,000.00 257,104.79 3133ERKJ9 4.375% 77FFCB 07/15/2024 1,009,092.37 07/05/2029 1,739 4.16% 1,000,000.00 1,032,780.00 17325FBK3 4.838% 42Citibank 08/19/2024 506,272.70 08/06/2029 1,771 4.54% 500,000.00 511,335.00 3133ERSP7 3.500% 13FFCB 09/17/2024 1,002,382.60 09/10/2029 1,806 3.45% 1,000,000.00 993,800.00 Net Maturities and Averages 63,902,658.24 390 4.21% 63,893,511.41 64,190,689.00 Run Date: 10/7/2024 - 12:44 PM
Amortizing
22 92
Income Earned Summary
City of Lynwood September 30, 2024
Fiscal Year To DateSeptember 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
71,887.99 665,275.48
164,530.38 164,530.38
-161,667.16 -584,313.66
74,751.21 245,492.20
110,143.72 115,879.58

0.00 0.00
184,894.93
361,371.78
Run Date: 10/7/2024 - 12:44 PM
Amortizing
25 93
Income Earned
City of Lynwood September 01, 2024 - September 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 0.00First Missouri State Bank 248,000.00 0.00 2,162.02 2,312.85 0.00 150.83 0.00 150.83 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 248,000.00 248,000.00 543.56 625.10 20.38 101.92 0.00 101.92 856283S98 04/27/2026 248,000.00State Bank of India 248,000.00 248,000.00 862.90 0.00 1,066.74 203.84 0.00 203.84 02007GUP6 07/07/2026 248,000.00Ally Bank 248,000.00 248,000.00 1,274.65 0.00 1,957.50 682.85 0.00 682.85 89235MLC3 07/15/2026 248,000.00Toyota Financial Savings Bank 248,000.00 248,000.00 309.83 0.00 503.47 193.64 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 247,679.42 247,688.74 92.75 958.37 61.83 927.45 9.32 936.77 254673L38 07/06/2027 248,000.00Discover Bank 248,000.00 248,000.00 1,316.78 0.00 2,009.82 693.04 0.00 693.04 14042RST9 07/07/2027 248,000.00Capital One Bank NA 248,000.00 248,000.00 1,312.70 0.00 2,015.93 703.23 0.00 703.23 14042TJD0 08/03/2027 248,000.00Capital One Bank USA 248,000.00 248,000.00 699.50 0.00 1,423.11 723.61 0.00 723.61 61768ELH4 08/04/2027 248,000.00Morgan Stanley Private Bank 248,000.00 248,000.00 665.86 0.00 1,379.29 713.43 0.00 713.43 87164XN93 08/05/2027 248,000.00Synchrony Bank 248,000.00 248,000.00 642.08 0.00 1,355.51 713.43 0.00 713.43 02589ADQ2 08/10/2027 205,000.00American Express National Bank 204,396.46 204,413.32 426.29 0.00 1,007.59 581.30 16.86 598.16 62847NEQ5 08/13/2027 248,000.00MVB Bank Inc 248,000.00 248,000.00 535.75 874.11 507.55 845.91 0.00 845.91 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 247,613.87 247,622.83 5,511.72 6,000.92 489.21 978.41 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 247,591.75 247,600.80 3,302.14 0.00 4,219.40 917.26 9.05 926.31 12547CBJ6 05/16/2028 248,000.00CIBC Bank USA 247,589.91 247,599.00 3,192.07 0.00 4,078.75 886.68 9.09 895.77 857894Q77 08/14/2028 248,000.00Stearns Bank NA 247,755.05 247,760.14 522.84 0.00 1,348.37 825.53 5.09 830.62 949764HK3 11/07/2028 248,000.00Wells Fargo Bank NA 247,541.32 247,550.32 857.81 1,063.68 823.50 1,029.37 9.00 1,038.37 06251A6Z8 05/21/2029 248,000.00Bank Hapoalim 247,482.54 247,491.54 3,219.24 0.00 4,156.89 937.65 9.00 946.65 Certificates of Deposit - Sub Total 5,909,000.00 6,153,650.33 5,905,726.69 29,664.82 16,732.18 30,481.20 17,548.56 76.36 17,624.92 Corporate Bonds
64952WDL4 01/22/2025 250,000.00New York Life 249,929.70 249,944.16 541.67 0.00 958.33 416.66 14.46 431.12 88579YBH3 02/14/2025 500,000.003M 495,634.13 496,410.88 472.22 0.00 1,305.56 833.34 776.75 1,610.09 30231GBH4 03/19/2025 250,000.00Exxon Mobil 252,639.13 252,252.59 3,366.00 3,740.00 249.33 623.33 -386.54 236.79 59217GFC8 08/25/2025 500,000.00MetLife 499,796.78 499,813.43 337.50 0.00 2,025.00 1,687.50 16.65 1,704.15 037833BY5 02/23/2026 500,000.00Apple 498,344.37 498,434.62 361.11 0.00 1,715.28 1,354.17 90.25 1,444.42 857477CL5 03/18/2027 500,000.00State Street Corp 497,085.06 497,177.25 11,303.60 12,482.50 901.51 2,080.41 92.18 2,172.59 Run Date: 10/7/2024 - 12:44 PM
Amortizing
26 94
Income Earned
City of Lynwood September 01, 2024 - September 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
808513BW4 04/01/2027 250,000.00Charles Schwab 249,691.99 249,701.60 3,437.50 0.00 4,125.00 687.50 9.60 697.10 023135CF1 04/13/2027 250,000.00Amazon 248,922.43 248,955.60 3,162.50 0.00 3,850.00 687.50 33.17 720.67 89236TKQ7 01/12/2028 400,000.00Toyota Motor Credit 393,597.84 393,751.15 2,518.06 0.00 4,059.72 1,541.66 153.31 1,694.97 904764BS5 09/08/2028 500,000.00Unilever Capital Corp 496,333.89 496,407.36 11,713.54 12,187.50 1,557.29 2,031.25 73.47 2,104.72 17325FBK3 08/06/2029 500,000.00Citibank 506,376.89 506,272.70 1,679.86 0.00 3,695.69 2,015.83 -104.19 1,911.64 Corporate Bonds - Sub Total 4,400,000.00 4,388,352.20 4,389,121.34 38,893.56 28,410.00 24,442.71 13,959.15 769.13 14,728.28 LAIF
9819499 10/01/2024 10,474,274.13LAIF 10,474,274.13 10,474,274.13 0.00 0.00 0.00 0.00 0.00 0.00 LAIF - Sub Total
10,474,274.13 10,474,274.13 10,474,274.13 0.00 0.00 0.00 0.00 0.00 0.00 Money Market Funds
FGTXX 10/01/2024 1,079,414.87Goldman Sachs Govt MMF 1,761,926.88 1,079,414.87 7,205.74 7,205.74 6,163.65 6,163.65 0.00 6,163.65 Money Market Funds - Sub Total
1,079,414.87 1,761,926.88 1,079,414.87 7,205.74 7,205.74 6,163.65 6,163.65 0.00 6,163.65 U.S. Agencies
3133EK3B0 10/16/2024 200,000.00FFCB 199,959.23 199,985.50 1,125.00 0.00 1,375.00 250.00 26.28 276.28 3130A4CH3 03/14/2025 500,000.00FHLB 504,994.80 504,244.28 5,508.68 5,937.50 560.76 989.58 -750.51 239.07 3136G4H71 08/12/2025 500,000.00FNMA 500,000.00 500,000.00 90.28 0.00 298.61 208.33 0.00 208.33 3130ASYR4 08/28/2025 2,000,000.00FHLB 2,000,000.00 2,000,000.00 666.67 0.00 7,333.33 6,666.66 0.00 6,666.66 3137EAEX3 09/23/2025 500,000.00FHLMC 499,462.44 499,503.25 822.92 937.50 41.67 156.25 40.81 197.06 3130AXU63 11/17/2026 1,000,000.00FHLB 998,695.44 998,742.97 13,361.11 0.00 17,215.28 3,854.17 47.53 3,901.70 3130AQEC3 12/30/2026 500,000.00FHLB 500,000.00 500,000.00 1,160.69 0.00 1,731.53 570.84 0.00 570.84 3130AL5A8 02/26/2027 500,000.00FHLB 462,123.75 463,351.02 62.50 0.00 437.50 375.00 1,227.28 1,602.28 3130ARTT8 05/19/2027 600,000.00FHLB 600,000.00 600,000.00 6,375.00 0.00 8,250.00 1,875.00 0.00 1,875.00 3130AT2L0 08/25/2027 1,000,000.00FHLB 1,000,000.00 1,000,000.00 675.00 0.00 4,050.00 3,375.00 0.00 3,375.00 3133EPZN8 10/24/2028 1,000,000.00FFCB 999,071.02 999,089.07 17,638.89 0.00 21,805.56 4,166.67 18.04 4,184.71 3133EP5U5 03/20/2029 541,000.00FFCB 528,002.42 528,232.40 9,980.32 11,158.13 681.89 1,859.70 229.98 2,089.68 3133ERKJ9 07/05/2029 1,000,000.00FFCB 1,009,246.12 1,009,092.37 6,805.56 0.00 10,451.39 3,645.83 -153.75 3,492.08 3133ERSP7 09/10/2029 1,000,000.00FFCB 0.00 1,002,382.60 0.00 -680.56 2,041.67 1,361.11 -17.40 1,343.71 U.S. Agencies - Sub Total
10,841,000.00 9,801,555.23 10,804,623.47 64,272.62 17,352.57 76,274.19 29,354.14 668.24 30,022.38 U.S. Treasuries
Run Date: 10/7/2024 - 12:44 PM
Amortizing
27 95
Income Earned
City of Lynwood September 01, 2024 - September 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
912797LE5 11/21/2024 25,292,000.00U.S. Treasury 25,000,556.07 25,108,498.27 0.00 0.00 0.00 0.00 107,942.20 107,942.20 912828YV6 11/30/2024 1,000,000.00U.S. Treasury 1,002,650.81 1,001,776.91 3,811.48 0.00 5,040.98 1,229.50 -873.89 355.61 912828ZT0 05/31/2025 500,000.00U.S. Treasury 498,387.73 498,564.90 317.62 0.00 420.08 102.46 177.17 279.63 91282CAZ4 11/30/2025 1,000,000.00U.S. Treasury 996,990.23 997,188.24 952.87 0.00 1,260.25 307.38 198.01 505.39 91282CBH3 01/31/2026 500,000.00U.S. Treasury 498,399.00 498,491.72 163.04 0.00 315.90 152.86 92.72 245.58 91282CCF6 05/31/2026 1,000,000.00U.S. Treasury 1,000,856.95 1,000,816.66 1,905.74 0.00 2,520.49 614.75 -40.30 574.45 91282CCZ2 09/30/2026 500,000.00U.S. Treasury 497,034.54 497,151.59 1,840.85 2,187.50 12.02 358.67 117.06 475.73 91282CFU0 10/31/2027 565,000.00U.S. Treasury 557,463.83 557,659.40 7,853.19 0.00 9,753.16 1,899.97 195.58 2,095.55 91282CGC9 12/31/2027 630,000.00U.S. Treasury 620,746.86 620,974.96 4,179.31 0.00 6,169.46 1,990.15 228.10 2,218.25 9128286B1 02/15/2029 500,000.00U.S. Treasury 467,781.74 468,375.08 606.32 0.00 1,676.29 1,069.97 593.34 1,663.31 U.S. Treasuries - Sub Total 31,487,000.00 31,140,867.75 31,249,497.74 21,630.42 2,187.50 27,168.63 7,725.71 108,629.98 116,355.69 64,190,689.00Grand Total 63,720,626.52 63,902,658.24 161,667.16 71,887.99 164,530.38 74,751.21 110,143.72 184,894.93 Run Date: 10/7/2024 - 12:44 PM
Amortizing
28 96
Realized Gains and Losses
City of Lynwood September 01, 2024 - September 30, 2024 Par Value Sale Date Days Held Maturity/Sales RealizedCUSIP Coupon Rate Maturity Date Book Value Proceeds Gain/LossPurchase Date TermIssuer Certificates of Deposit
32100LCB9 248,000.0009/13/2019 09/13/2024 1,827 248,000.00 0.00 248,000.00 09/13/2024 1,827First Missouri State Bank 1.850%
Total Certificates of Deposit 0.00 248,000.00 248,000.00 Grand Total 0.00 248,000.00 248,000.00
Run Date: 10/7/2024 - 12:44 PM
Amortizing
29 97
Transaction Report
City of Lynwood September 01, 2024 - September 30, 2024 Transaction Transaction Security Security Maturity
Date Type ID Description Date Purchases Redemptions Interest Deposits Withdrawals 09/04/2024 Interest FGTXX GSGF - - 7,205.74 - - 09/09/2024 Interest 904764BS5 UNANA 4 7/8 09/08/28 09/08/2028 - - 12,187.50 - - 09/09/2024 Interest 949764HK3 WFC 5.05 11/07/28 11/07/2028 - - 1,063.68 - - 09/11/2024 Interest 90348JR93 UBS 0.95 08/11/26 08/11/2026 - - 200.10 - - 09/13/2024 Interest 32100LCB9 FMOSTB 1.85 09/13/24 09/13/2024 - - 2,312.85 - - 09/13/2024 Maturity 32100LCB9 FMOSTB 1.85 09/13/24 09/13/2024 - 248,000.00 - - - 09/13/2024 Interest 62847NEQ5 MVBF 4.15 08/13/27 08/13/2027 - - 874.11 - - 09/16/2024 Interest 32114VCH8 FNBMIC 4.6 03/15/28 03/15/2028 - - 968.90 - - 09/16/2024 Interest 61690U3C2 MS 4.8 03/16/28 03/16/2028 - - 6,000.92 - - 09/16/2024 Interest 15721UFP9 CFBK 4 3/4 09/15/26 09/15/2026 - - 1,000.49 - - 09/16/2024 Interest 3130A4CH3 FHLB 2 3/8 03/14/25 03/14/2025 - - 5,937.50 - - 09/17/2024 Purchase 3133ERSP7 FFCB 3 1/2 09/10/29 09/10/2029 -1,002,400.00 - -680.56 - - 09/18/2024 Interest 857477CL5 STT 4.993 03/18/27 03/18/2027 - - 12,482.50 - - 09/18/2024 Interest 27002YFE1 EGBN 3.3 08/18/25 08/18/2025 - - 695.08 - - 09/19/2024 Interest 30231GBH4 XOM 2.992 03/19/25 03/19/2025 - - 3,740.00 - - 09/20/2024 Interest 062119BK7 FBFCEN 4.65 03/20/28 03/20/2028 - - 979.43 - - 09/20/2024 Interest 3133EP5U5 FFCB 4 1/8 03/20/29 03/20/2029 - - 11,158.13 - - 09/23/2024 Interest 3137EAEX3 FHLMC 0 3/8 09/23/25 09/23/2025 - - 937.50 - - 09/23/2024 Interest 32117BFR4 FNLC 5 09/23/26 09/23/2026 - - 1,053.15 - - 09/25/2024 Interest 05580AXF6 BMW 0 1/2 09/25/25 09/25/2025 - - 625.10 - - 09/30/2024 Interest 91282CCZ2 T 0 7/8 09/30/26 09/30/2026 - - 2,187.50 - - 09/30/2024 Interest 910286GM9 FFED 4.55 06/29/27 06/29/2027 - - 958.37 - - Grand Total: -1,002,400.00 248,000.00 71,887.99 0.00 0.00 Run Date: 10/7/2024 - 12:44 PM
Amortizing
30 98

OBSERVATIONS AND EXPECTATIONS
• The Fed started the rate-cutting cycle with a 50-basis point cut September 18th • Chair Powell said the Fed may slow the pace of upcoming cuts • Fed’s preferred inflation gauge rose slightly during the latest reporting period • Job growth has been slowing in recent months
• Short-term rates declined more than longer rates during September SOURCES: BLOOMBERG, BUREAU OF ECONOMIC ANALYSIS
The September Rate Cut…What Will the Future Hold?
SOURCES: FEDERAL RESERVE, BLOOMBERG
Inflation’s Rate of Change is Nearing the Fed’s Target
• Since the 1980s, the
Fed’s most used
rate hike or cut has
been .25% or 25
basis points.
• However, the Fed
stated the Fed
Funds rate was too
restrictive and
warranted a 50-
basis point cut in
September to start
this cutting cycle.
• Core Personal Consumption
Expenditure YoY is the
Fed’s preferred inflation
gauge. Core excludes food
and energy components.
• Core PCE YoY is currently
at 2.7%, not quite at the
Fed’s 2% target, but far
below the 5.6% peak in
2022.
• The Fed expects Core PCE
YoY will most likely get
much closer to the Fed’s 2%
in the first half of 2025.

2.68%
0%
1%
2%
3%
4%
5%
6%
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
Sep-24
Dec-24
Core PCE YoY
Fed’s 2% Target
0 0.1

0.2 0.3

0.4 0.5

0.6 0.7

0.8 0.9
1 0%
1%
2%
3%
4%
5%
6%
7%
8%
9%
10%
11%
1985
1987
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
2013
2015
2017
2019
2021
2023
Fed Funds History
99 Job Growth Has Slowed in Recent Months
The Fed’s September Cut Pushed Short-Term Rates Down More Than Longer Rates SOURCE: BLOOMBERG
SOURCES: BLOOMBERG, BUREAU OF LABOR STATISTICS
0 100
200
300
400
500
600
700
800
900
1000
Jan-21
Mar-21
May-21
Jul-21
Sep-21
Nov-21
Jan-22
Mar-22
May-22
Jul-22
Sep-22
Nov-22
Jan-23
Mar-23
May-23
Jul-23
Sep-23
Nov-23
Jan-24
Mar-24
May-24
Jul-24
Thousands
Nonfarm Payrolls
Nonfarm Payrolls (000s) 3M Avg

3.40 3.90

4.40 4.90

5.40 3M 6M 1Y 2Y 3Yr 5Y 7Y 10Y 20Y 30Y
Percent
U.S. Treasury Yield Curve Change
9/30/24 8/31/24
(49)
(45)
(40)
(28)
(23)
(15) (15) (12) (11) (8)
-60
-50
-40
-30
-20
-10
0 3M 6M 1Y 2Y 3Yr 5Y 7Y 10Y 20Y 30Y
Basis Points
Basis Point Change
• Chair Powell
highlighted at the
recent Fed Press that
the labor markets
remain solid but has
slowed.
• With inflation near the
Fed’s target rate, their
primary goal is to now
help job growth to
stay positive.
100

AGENDA STAFF REPORT

DATE:

November
5, 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
SUBJECT:

FIRST QUARTER FINANCIAL REPORT, FISCAL YEAR 2024-25
Agenda Item # 8.3.

Recommendation:

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

Background:

The Finance & Administration Department has prepared the attached quarterly financial status report for the City of Lynwood's General Fund. The Department's goal is to prepare a status report on a quarterly basis.

Discussion and Analysis:

The quarterly report provides a brief overview of the City finances as it pertains to the General Fund for quarter ending September 30, 2024. A brief explanation is included along with Revenue and Expenditures actual activity. The information is unaudited; however, the information presented does represent the cash activity for the General Fund for the periods indicated.

Fiscal Impact:

City Council City Council Regular Meeting 101
LYNWOOD FINANCIAL STATUS REPORT QTR 1- FY 2024-25.pdf
The action recommended in the report does not have a fiscal impact on the City; the report is solely informational.

Coordinated With:

City Manager’s Office
City Attorney’s Office
ATTACHMENTS:

Description
City Council City Council Regular Meeting 102

CITY OF LYNWOOD

FIRST QUARTER FINANCIAL STATUS REPORT
Fiscal Year 2024-25
Quarter ending September 30, 2024
(Unaudited)

This report summarizes the activities of the General Fund and is not meant to be inclusive of all finance and accounting transactions and excludes encumbrances. Its sole purpose is to provide the City Council and the general public with an overview of the City's general fiscal condition. This report covers the first quarter of FY 2 024-25 which ends September 30, 2024.

GENERAL FUND BUDGET POSITION

The City Council adopted the FY 2024-25 budgets on June 25th, 2024 with approved General Fund estimated revenue of $47,072,671 and expenditures of $54,191,894 with these amounts including transfers with other city funds. Adjustments to the budget have increased the expenditures budget to 54,208,794.

GENERAL FUND REVENUES

Table 1 shows the amount and percentage of revenue received in each of the major classifications for the fiscal quarter ending September 30, 2024. The first quarter results for fiscal year 2024-25 show General Fund revenues at 8% of budget. The cash receipts are typical at this time of year due to the cyclical nature of when revenue receipts are received. More revenue is received in the second half of the year. In the case of Sales Tax, the majority is received later in the year.

Table 1

GENERAL FUND REVENUES
Quarter Ending September 30, 2024

2024-25
Adopted
Budget
2024-25
Amended
Budget
2024-25
Year-To-Date
Actuals
YTD % of
Amended
Budget
Revenue Type
Sales Tax 13,427,407$ 13,427,407$ 980,532$ 7% Property Tax 14,232,324 14,232,324 31,743 0% Utility User Tax 5,347,950 5,347,950 1,535,908 29% Other Taxes & Assessments 2,142,000 2,142,000 144,264 7% Licenses & Permits 901,750 901,750 152,368 17% Fines, Forfeitures, Penalties 886,500 886,500 241,759 27% Use of Money & Property 811,733 811,733 119,729 15% Intergovernmental 73,131 73,131 - 0% Charges for Services 1,206,000 1,206,000 379,106 31% Administrative support 1,107,186 1,107,186 - 0% Miscellaneous 728,500 728,500 91,756 13% Transfer in 6,208,190 6,208,190 - 0% Total Revenues 47,072,671$ 47,072,671$ 3,677,165$ 8% 103

Sales tax (including Measure PS) accounts for 28.5% of total annual General Fund revenues. Revenues received through the first quarter were 7% of the budgeted amount because the state was still paying sales tax related to the previous fiscal year in July and August.

Property taxes, including in-lieu payments, account for 30.2% of total General Fund annual revenues and are collected primarily in December/January and April/May. Through the first quarter, property tax revenues came in at .002% of the annual budget. This percentage is about what is expected at this time because major distributions do not arrive until December/January and April/May.

Utility User Tax comprises 11.4% of the total annual General Fund revenues. These funds are paid to the City one month after collection. Collections of 29% have been made to date.

Other taxes include Transfer tax, Franchise tax, Cannabis tax, and other small miscellaneous collections. These account for 4.5% of total General Fund annual revenues. Revenues for the first quarter were 7% of the budgeted amount. The majority of this revenue is received in the months of April, May, and June.

Licenses and Permits comprises 1.9% of the total General Fund annual revenues. Revenues received through first quarter came in at 17% of the adopted budgeted amount.

Charges for Services comprises 2.6% of the total General Fund annual revenues. Revenues received through first quarter came in at 31% of the adopted budgeted amount.

Use of money and Property is comprised of interest earned on investments and on the sale of City properties. Revenues received through first quarter came in at 15% of the budgeted amount.

104

GENERAL FUND EXPENDITURES

Table 2 highlights the amount and percentage expended by each department. As of the first quarter, the General Fund departments combined have expended 13% of the budget.

Table 2

GENERAL FUND EXPENDITURES
Quarter Ending September 30, 2024

The overall expenditures are at a level that is expected for the first quarter of the fiscal year. This is the result of vendors and contractors invoicing in the month after the work is performed. This means that salaries are current but operating expenses can be a few months behind in being invoiced to the city. Currently, it appears that the city's highest spending is in the area of public safety, which includes fire and sheriff costs.

Department Expenditures
2024-25
Adopted
Budget
2024-25
Amended
Budget
2024-25
Year-To-
Date
Actuals
YTD % of
Amended
Budget
General Government
City Council 386,812$ 386,812$ 45,974$ 12% City Manager 1,902,595 1,902,595 294,462 15% City Attorney 361,290 361,290 100,130 28% Human Resources 938,922 938,922 58,462 6% City Treasurer 300,085 300,085 44,983 15% Public Safety 23,594,484 23,594,484 4,408,028 19% City Clerk 778,276 778,276 55,268 7% Finance &Administration 3,094,604 3,094,604 32,052 1% Community Development 5,746,857 5,763,757 767,410 13% Public Works 4,097,658 4,097,658 366,742 9% Community Services 5,244,050 5,244,050 702,909 13% Successor Agency Admin 374,434 374,434 81,056 22% Improvement Projects 318,750 318,750 - 0% Transfers 7,053,078 7,053,078 - 0% Total Expenditures 54,191,894$ 54,208,794$ 6,957,476$ 13% 105

106

AGENDA STAFF REPORT

DATE:

November
5, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Julian Lee, Interim City Manager
PREPARED BY:

Mark Flores, Director of Recreation & Community Services Jose Trejo, Deputy Director of Recreation & Community Services SUBJECT:

SECOND AMENDMENT TO THE SECURITY SERVICES AGREEMENT
Agenda Item # 8.4.

Recommendation:

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

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

MAYOR OR DESIGNEE TO EXECUTE, IN A FORM SATISFACTORY TO THE CITY

ATTORNEY, THE SECOND AMENDMENT TO THE SECURITY SERVICES AGREEMENT

WITH PROFESSIONAL SECURITY CONSULTANTS EXTENDING THE AGREEMENT THROUGH JANUARY 31, 2025”.

Background:

The City is in need of continuing uninterrupted professional security patrol services to the City’s parks and public facilities. The current security services agreement expires on November 17, 2024. Unexpected delays in developing the new security services Request for Proposal (RFP), along with a large number of proposal responses received, have pushed the decision process for selecting the new provider past the expiration of the current security services agreement. Staff is requesting approval of a short-term extension to allow for enough time to properly analyze the received proposals, make a recommendation to the City Council and then transition into the next selected provider.

Discussion and Analysis:

In October of 2023, the City made the decision not to continue security services from Good Guard, Inc. On October 25, 2023, Council approved Resolution 2023.127 awarding Professional Security Consultants (PSC) a six-month agreement for professional security services through April 25, 2024 for providing security services. On April 16, 2024, the first amendment to the agreement was approved through November 17, 2024 to allow staff to prepare and gather input from Council regarding security services and considerations for City Council City Council Regular Meeting 107
Second Amendment to Security Consultants Agreement DRAFT.docx RESOLUTION - Security Contract Second Amendment.docx
dedicated attention to homeless/quality of life matters in the City’s public parks.

Unanticipated delays in developing and finalizing the framework for the new RFP and the approaching 2024 holiday schedule have caused the original RFP process timeline to be moved back approximately two more months. In order to continue security services without interruption, staff requests that the City Council authorize the Mayor or designee to approve a second extension amendment to the agreement with PSC effective November 18, 2024 through January 31, 2025.

Under the extended contract period, the current hourly rates paid to PSC of $29.96 for unarmed service and $44.94 for overtime services would increase to $43.75 for unarmed and $65.63 for unarmed overtime services. The differences are attributed to the increased cost of salary wages, personnel retention, and vehicle operation costs. All other contract terms and scope of work would remain the same as outlined in the current contract. Staff is requesting approval of the recommended action through adoption of the accompanying Resolution.

Approval will allow professional security patrol services to continue uninterrupted until the City's RFP process is completed and a new provider is chosen.

Fiscal Impact:

The requested action does not request additional funding for Fiscal Year 2024-2025. The City’s adopted Fiscal Year (FY) 2024-25 budget for security service is $425,794 (day-to-day park and city facility patrols plus private rental services) from the General Fund. The total cost of the recommended extension period (November 18, 2024 to January 31, 2025) will not exceed the original amount of $200,000 approved via Resolution 2024.037. Once the formal RFP process is completed, there will be additional, to be determined City costs to consider for a new services agreement.

Coordinated With:

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

Description
City Council City Council Regular Meeting 108

SECOND AMENDMENT TO THE SECURITY SERVICES AGREEMENT BETWEEN THE

CITY OF LYNWOOD AND PROFESSIONAL SECURITY CONSULTANTS
This Second Amendment (“Second Amendment”) is made as of November 5, 2024, by and between the City of Lynwood , a municipal corporation ("City") and Professional Security Consultants, a State of California Corporation (“Consultant”). City and Consultant are sometimes hereinafter individually referred to as a “Party” and collectively referred to as the “Parties.”

R E C I T A L S
WHEREAS, On October 25, 2023, the City entered into an Agreement with Consultant as an independent contractor to provide both unarmed and armed uniformed security services (“Master Agreement”); and
WHEREAS, On April 16, 2024, the City approved the First Amendment to the Master Agreement extending the agreement through November 17, 2024; and WHEREAS, the First Agreement is set to expire on November 17, 2024. At the time this Second Amendment was prepared, the City is in the final steps of completing the request for proposal process to secure a new contract and the First Amendment Agreement will expire before the City Council can award an agreement for services. As such, the City desires to amend the Master Agreement to extend the term to January 31, 2025.

NOW, THEREFORE, the Parties hereto do hereby agree as follows:

1. Section 2 – Term of Agreement, is hereby extended to January 31, 2025.

2. Section 3 - Compensation, The Master Agreement’s Not-to-Exceed amount is $200,000 to cover the costs of providing security existing services through January 31, 2025.

3. Amend Exhibit C, Fees for Security Services, reflected in the attached Exhibit C, Fees for Security Services and Consultant Fee Proposal to this agreement .

4. All terms and conditions of the Master Agreement not amended by this Second Amendment remain in full force and effect.

This Second Amendment is executed on November 6, 2024, at Lynwood, California, and effective as November 18, 2024.

CITY COMPANY

CITY OF LYNWOOD PROFESSIONAL SECURITY CONSULTANTS
By: By:

Julian Lee, Interim City Manager Mayura Rao, Senior Vice President 109
ATTEST: APPROVED AS TO FORM:

By: By:

Maria Quinonez, City Clerk Noel Tapia, City Attorney
110
RESOLUTION NO.____________

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

THE SECOND AMENDMENT TO THE SECURITY SERVICES AGREEMENT WITH

PROFESSIONAL SECURITY CONSULTANTS
WHEREAS, a key element in the provision of quality parks and public facilities is that of making them safe for residents to utilize; and WHEREAS, on October 17, 2023 the security service provider was changed, and PSC once again was contracted to provide security service directed towards the supervision of parks and public facilities; and
WHEREAS, the term of the agreement with PSC was for a six (6) months period of October 25, 2023 to April 25, 2024; and
WHEREAS, the contract for said services expired on April 25, 2024; and WHEREAS, the Council approved Resolution 2024.037 amending the agreement through November 17, 2024; and
WHEREAS, the City sees the need to continue security services without disruption until a formal competitive bid process is completed; and WHEREAS, staff is in the final stages of completing the formal bid process and the results will be brought to City Council for action at a scheduled in December of 2024; and WHEREAS, funds are budgeted and available across City department accounts (shared cost program) for said services; and
WHEREAS, the City Council approved Resolution 2024.037, funding the cost of the first amendment contract in the total amount not to exceed $200,000; and WHEREAS, the remaining fund balance of the $200,000 will cover the extended contract period from November 18, 2024 through January 31, 2025 to provide continued funding for security services; and
WHEREAS, no additional appropriation is requested.

NOW, THEREFORE, THE CITY OF LYNWOOD DOES HEREBY FIND, ORDER, AND RESOLVE AS FOLLOWS:
111
Section 1. The City Council for the City of Lynwood finds and declares that the forgoing recitals are true and correct, and incorporates said recitals fully into this Resolution as substantive findings.

Section 2. That the City Council approves the Second Amendment to the Professional Security Consultants agreement to provide Security Guard Services for the City of Lynwood’s Parks and Facilities for the period beginning on November 18, 2024 and ending on January 31, 2025 for an amount to exceed $200,000. The Second Amendment shall be in a form approved by the City Attorney.

Section 3. That the Mayor is authorized to execute the Second Amendment and this Resolution for and on behalf of the City of Lynwood.

Section 4. A copy of said agreement and any amendments is to be on file in the Office of the City Clerk.

Section 5. This Resolution shall take full force and effect immediately upon adoption by the City Council.

PASSED, APPROVED AND ADOPTED this 5th day of November, 2024. _________________________
Jose Luis Solache
Mayor
ATTEST:
_______________________ __________________________
Maria Quinonez Julian Lee
City Clerk Interim City Manager
APPROVED AS TO FORM: APPROVED AS TO CONTENT:
________________________ __________________________
Noel Tapia, Mark Flores, Director
City Attorney Recreation & Community Services
112
STATE OF CALIFORNIA }
} SS.

COUNTY OF LOS ANGELES }
I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the Lynwood City Council at a regularly scheduled meeting held on the 5th day of November, 2024.

AYES:

NOES:

ABSENT:

ABSTAIN:
__________________________
Maria Quinonez, City Clerk
STATE OF CALIFORNIA }
} SS.

COUNTY OF LOS ANGELES }
I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the above and foregoing is a full, true and correct copy of Resolution No. ______ on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 5th day of November, 2024.
__________________________
Maria Quinonez, City Clerk
113

AGENDA STAFF REPORT

DATE:

November
5, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Julian Lee, Interim City Manager
PREPARED BY:

Ahmad Ansari, Public Works Oversight
SUBJECT:

ACCEPTANCE AND

APPROVAL OF THE PROPOSITION A

DISCRETIONARY INCENTIVE GRANT PROGRAM MEMORANDUM OF

UNDERSTANDING FOR COLLECTING AND REPORTING DATA FOR
THE NATIONAL TRANSIT DATABASE FOR REPORT YEAR 2022
Agenda Item # 8.5.

Recommendation:

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

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

APPROVING THE PROPOSITION A DISCRETIONARY INCENTIVE GRANT PROGRAM

MEMORANDUM OF UNDERSTANDING FOR COLLECTING AND REPORTING DATA FOR THE NATIONAL TRANSIT DATABASE FOR REPORT YEAR 2022”
Background:

The Prop A Incentive MOU (Memorandum of Understanding) is an agreement that details the implementation of funding from Proposition A. It outlines how funds will be allocated to various transit programs and services, specifying incentives designed to improve efficiency and performance. The MOU establishes goals for utilizing these funds, such as enhancing service delivery and operational effectiveness, and includes requirements for reporting on fund usage and progress.

This MOU, Proposition A Discretionary Incentive Grant Program Memorandum of Understanding for Collecting and Reporting Data for the National Transit Database for Report Year 2022, specifically outlines an agreement between the City of Lynwood and Los Angeles County Metropolitan Transportation Authority (LACMTA) to provide funding for the reporting of City Council City Council Regular Meeting 114
vehicle miles traveled, which aims to improve data collection and support better transportation planning.

Discussion and Analysis:

On June 22, 2023, LACMTA approved the Fiscal Year (FY) 2023-24 transit fund allocations, which included payments to cities that voluntarily reported National Transit Database (NTD) data for FY 2021-22. The City of Lynwood submitted its FY 2021-22 data to the NTD and met all NTD and Federal Transit Administration (FTA) requirements to generate Federal funds for Los Angeles County. The City also requested funds under the Proposition A Discretionary Incentive Program for this data.

On April 1, 2024, the FTA published the FY 2023-24 apportionments, including unit values for the NTD data. City of Lynwood is set to receive payment based on 147,420 revenue vehicle miles reported, multiplied by the FTA unit value of 0.70102255316358331 per mile. In order to receive payment, staff requests that the City Council approve the Proposition A Discretionary Incentive Grant Program MOU and authorize the City Manager to execute the agreement with LACMTA. After execution, the City will submit an invoice to LACMTA for $103,345 before June 30, 2027, to receive this payment.

Fiscal Impact:

LACMTA shall pay the City for collecting and reporting FY 2021-22 NTD statistics. LACMTA shall pay the City for submitting the FY 2021-22 ANNUAL NTD REPORT for the applicable transit services as follows:

MOTOR BUS SERVICE
For City’s motor bus service, LACMTA shall pay an amount equal to the 147,420 revenue vehicle miles reported by the City multiplied by the FTA unit value of 0.70102255316358331 per revenue vehicle mile.

The Memorandum of Understanding (“MOU”) will be in effect from May 1, 2024, through June 30, 2027 at which time all unused funds shall lapse.

The City shall submit one invoice to
LACMTA prior to June 30, 2027, in the amount of $103,345 to receive its payment described above.

The revenue shall be transferred in to the City’s Prop A Incentive Grant Program account (2301.45.32180).

City Council City Council Regular Meeting 115
11-5-24 Prop A Incentive
(Resolution) PWD.docx
Lynwood FY24 MOUPAILYNW24000 Prop A Incentive Voluntary.pdf Coordinated With:

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

Description
City Council City Council Regular Meeting 116
1 RESOLUTION NO. XXXX-XXX

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD

ACCEPTING AND APPROVING THE PROPOSITION A

DISCRETIONARY INCENTIVE GRANT PROGRAM MEMORANDUM OF

UNDERSTANDING FOR COLLECTING AND REPORTING DATA FOR
THE NATIONAL TRANSIT DATABASE FOR REPORT YEAR 2022
WHEREAS, the Prop A Incentive MOU (Memorandum of Understanding) is an agreement that details the implementation of funding from Proposition A, outlining how funds will be allocated to various programs and departments, specifying incentives designed to improve efficiency and performance; and
WHEREAS, on June 22, 2023, LACMTA approved the Fiscal Year 2023-24 transit fund allocations, which included payments to cities that voluntarily reported NTD data for FY 2021-22; and
WHEREAS, the City of Lynwood submitted its FY 2021-22 data to the National Transit Database (NTD) and met all NTD and Federal Transit Administration (FTA) requirements to generate Federal funds for Los Angeles County; and WHEREAS on April 1, 2024, the FTA published the FY 2023-24 apportionments, including unit values for the NTD data; and
WHEREAS, Lynwood is set to receive payment based on 147,420 revenue vehicle miles reported, multiplied by the FTA unit value of 0.70102255316358331 per mile; and WHEREAS, the City shall submit one invoice to LACMTA prior to June 30, 2027, in the amount of $103,345 to receive its payment; and
WHEREAS, the Memorandum of Understanding (“MOU”) will be in effect from May 1, 2024, through June 30, 2027, at which time all unused funds shall lapse.

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 approves the Proposition A Discretionary Incentive Grant Program Memorandum of Understanding for Collecting and Reporting Data for the National Transit Database for Report Year 2022.

Section 3. The City Council of the City of Lynwood authorizes the City Manager to execute the agreement between the City of Lynwood and “LACMTA” 117
2 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 adoption.
(Signatures on Next Page)
118
3 PASSED, APPROVED and ADOPTED this 5th day of November 2024.

José Luis Solache
Mayor
ATTEST:

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

Noel Tapia Julian Lee
City Attorney Interim City Manager
119
4 STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 5th day of November 2024, and passed by the following votes:

AYES:

NOES:

ABSTAIN:

ABSENT:

Maria Quinonez, City Clerk

STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above foregoing is a full, true, and correct copy of Resolution No. XXX on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 5th day of November 2024.

Maria Quinonez, City Clerk
120
MOUPAILYNW24000

PROPOSITION A DISCRETIONARY INCENTIVE GRANT PROGRAM

MEMORANDUM OF UNDERSTANDING

FOR COLLECTING AND REPORTING DATA FOR THE

NATIONAL TRANSIT DATABASE
FOR REPORT YEAR 2022

This Memorandum of Understanding (MOU) is entered into as of May 1, 2024 by and between Los Angeles County Metropolitan Transportation Authority (“LACMTA”) and the City of Lynwood (the “City”).

WHEREAS, on November 14, 1980, the voters of the County of Los Angeles approved by majority vote Proposition A, an ordinance establishing a one-half percent sales tax for public transit purposes; and

WHEREAS, at its September 26, 2001 meeting, the LACMTA authorized payment of Proposition A Discretionary Incentive funds to each participating agency in an amount equal to the Federal funds generated for the region by each agency’s reported data; and

WHEREAS, at its June 22, 2023 meeting, LACMTA approved the Fiscal Year FY 2023-24 transit fund allocations, which included funds to make payments to all cities that voluntarily reported NTD data for FY 2021-22; and

WHEREAS, the City has voluntarily submitted their FY2021-22 data to the National Transit Database (NTD) and have successfully met all NTD and Federal Transit Administration (FTA) requirements in order to generate Federal 5307 funds for the Los Angeles County region; and

WHEREAS, the City has requested funds under the Proposition A Discretionary Incentive Program for collecting and reporting data for the NTD from the FY 2021-22 Report Year (the “Project”); and

WHEREAS, on April 1, 2024, the Federal Transit Administration (FTA) published in the Federal Register the FY 2023-24 Apportionments, Allocations, and Program Information including unit values for the data reported to the NTD; and

WHEREAS, the parties desire to agree on the terms and conditions for payment for the Project.

NOW, THEREFORE, LACMTA and the City hereby agree to the following terms and procedures:

121

ARTICLE 1. TERM

1.0 This Memorandum of Understanding (“MOU”) will be in effect from May 1, 2024, through June 30, 2027 at which time all unused funds shall lapse.

ARTICLE 2. STANDARDS

2.0 To receive payment for the submittal of the FY 2021-22 NTD statistics, the City warrants that it:

A. Adhered to the Federal Guidelines for collecting and Reporting NTD statistics including all audit requirements;

B. Prepared and submitted the FY 2021-22 ANNUAL NTD REPORT of the City’s fixed-route and/or demand response transit service to the NTD on or before October 31, 2022;

C. Prepared and submitted the FY 2021-22 ANNUAL NTD REPORT of the City’s fixed-route and/or demand response transit service to the LACMTA on or before February 15, 2023;

ARTICLE 3. PAYMENT OF FUNDS TO CITY

3.0 LACMTA shall pay the City for collecting and reporting FY 2021-22 NTD statistics.

LACMTA shall pay the City for submitting the FY 2021-22 ANNUAL NTD REPORT for the applicable transit services as follows:

MOTOR BUS SERVICE
For City’s motor bus service, LACMTA shall pay an amount equal to the 147,420 revenue vehicle miles reported by the City multiplied by the FTA unit value of

0.70102255316358331 per revenue vehicle mile. See Attachment A for detail.

3.1 The City shall submit one invoice to LACMTA prior to June 30, 2027, in the amount of $103,345 to receive its payment described above.

122

3.2 INVOICE BY CITY:

Send invoice with supporting documentation to:

Los Angeles County Metropolitan Transportation Authority Accounts Payable
P. O. Box 512296
Los Angeles, CA 90051-0296
[email protected]

Re: LACMTA MOU# MOUPAILYNW24000 M.S. Chelsea Meister (99-4-3)

ARTICLE 4. CONDITIONS

4.0 The City agrees to comply with all requirements specified by the FTA guidelines for reporting NTD statistics.

4.1 The City understands and agrees that LACMTA shall have no liability in connection with the City’s use of the funds. The City shall indemnify, defend, and hold harmless LACMTA and its officers, agents, and employees from and against any and all liability and expenses including defense costs and legal fees and claims for damages of any nature whatsoever, arising out of any act or omission of the City, its officers, agents, employees, and subcontractors in performing the services under this MOU.

4.2 The City is not a contractor, agent or employee of LACMTA. The City shall not represent itself as a contractor, agent or employee of LACMTA and shall have no power to bind LACMTA in contract or otherwise.

4.3 The City agrees that expenditure of the Proposition A Discretionary Incentive funds will be used for projects that meet the eligibility, administrative, audit and lapsing requirements of the Proposition A and Proposition C Local Return guidelines most recently adopted by the LACMTA Board.

4.4 These expenditures will be subject to AUDIT as part of LACMTA’s annual Consolidated Audit.

ARTICLE 5. REMEDIES

5.0 LACMTA reserves the right to terminate this MOU and withhold or recoup funds if it determines that the City has not met the requirements specified by the FTA for collecting and submitting NTD statistics through LACMTA.

123

ARTICLE 6. MISCELLANEOUS

6.0 This MOU constitutes the entire understanding between the parties, with respect to the subject matter herein.

6.1 The MOU shall not be amended, nor any provisions or breach hereof waived, except in writing signed by the parties who agreed to the original MOU or the same level of authority.

ARTICLE 7. CONTACT INFORMATION

7.0 LACMTA's Address:

Los Angeles County Metropolitan Transportation Authority One Gateway Plaza
Los Angeles, CA 90012
Attention: Chelsea Meister (99-21-3)
[email protected]

7.1 City’s Address:

Lynwood
11330 Bullis Road
City of Lynwood,CA 90262
Attn: Julian Lee
[email protected]

124
IN WITNESS WHEREOF, the City and LACMTA have caused this MOU to be executed by their duly authorized representatives on the date noted below:

CITY:

City of Lynwood Los Angeles County Metropolitan
Transportation Authority

_________________________ By: ___________________________ STEPHANIE N. WIGGINS
Mayor/City Manager Chief Executive Officer

Date: ____________________ Date: _______________________

APPROVED AS TO FORM: APPROVED AS TO FORM:

DAWYN R. HARRISON
County Counsel

By: _____________________ By: ____________________
Legal Counsel Deputy

Date: ____________________ Date: __________________

125

ATTACHMENT A
LACMTA Voluntary NTD Reporting Program for FY22
Using FY24 FTA Formula Programs Apportionment Data Values Jurisdiction MODE
Total Vehicle
Revenue Miles $ from VRM
Tier II
Operator
Deduction
Total ($)Due
to
Jurisdiction
Alhambra MB 168,115 117,852.41 117,852 178,639 Alhambra DR 86,711 60,786.37 60,786 Artesia DR (DT) 3,956 2,773.25 2,773 Azusa DR 28,615 20,059.76 20,060 Baldwin Park MB 173,378 121,541.89 121,542 139,086 Baldwin Park DR 25,027 17,544.49 17,544 Bell MB 33,351 23,379.80 23,380 Bell DR 14,950 10,480.29 10,480 Bellflower MB 72,617 50,906.15 50,906 58,146 Bellflower DR 10,327 7,239.46 7,239 Bell Gardens MB 91,237 63,959.19 63,959 81,790 Bell Gardens DR 25,435 17,830.51 17,831 Burbank MB 212,160 148,728.94 (19,766) 128,963 Calabasas MB 65,374 45,828.65 45,829 51,463 Calabasas DR 8,037 5,634.12 5,634 Carson MB 13,788 9,665.70 9,666 56,301 Carson DT 66,524 46,634.82 46,635 Cerritos MB 100,933 70,756.31 70,756 97,359 Cerritos DR 37,948 26,602.40 26,602 Compton MB 185,493 130,034.78 130,035 130,192 Compton DR 224 157.03 157 Covina DR 43,672 30,615.06 30,615 Cudahy MB 33,395 23,410.65 23,411 30,244 Cudahy DR 9,747 6,832.87 6,833 Downey MB 103,313 72,424.74 72,425 101,291 Downey DR 41,178 28,866.71 28,867 Duarte MB DID NOT REPORT F - -
El Monte MB 221,303 155,138.39 155,138 192,668 El Monte DR 53,536 37,529.94 37,530 Glendora MB 44,811 31,413.52 31,414 61,485 Glendora DR 42,896 30,071.06 30,071 Huntington Park MB 147,119 103,133.74 103,134 132,064 Huntington Park DT 41,268 28,929.80 28,930 LACDPWAvocado MB 39,129.00 27,430.31 27,430 LACDPWELA MB 226,843.00 159,022.06 159,022 LACDPWELA DR 32,646.00 22,885.58 22,886 181,908 LACDPWEast Valinda MB 44,279.00 31,040.58 31,041 LACDPWKing Medical MB 37,428.00 26,237.87 26,238 LACDPWWillowbrook Shuttle MB 73,799.00 51,734.76 51,735 542,348 LACDPWS.Whittier MB 196,000.00 137,400.42 137,400 LACDPWAthens MB 36,721.00 25,742.25 25,742 LACDPWLennox MB 30,216.00 21,182.10 21,182 LACDPWFloranceFirestone MB 56,592.00 39,672.27 39,672 Lakewood DR 52,213 36,602.49 36,602 Lawndale MB DID NOT REPORT F - -
Lynwood MB 147,420 103,344.74 103,345 Malibu DT 5,867 4,112.90 4,113 ManhattanBeach DR 22,484 15,761.79 15,762 Maywood MB 31,380 21,998.09 21,998 32,276 Maywood DR 14,662 10,278.39 10,278 MontereyPark MB - - - 11,785 MontereyPark DR 16,811 11,784.89 11,785 Pico Rivera DR 8,765 6,144.46 6,144 Rosemead MB 104,818 73,479.78 73,480 94,855 Rosemead DR 30,491 21,374.88 21,375 Santa Fe Springs DR 12,570 8,811.85 8,812 South Gate MB 118,783 83,269.56 83,270 160,309 South Gate DT 109,896 77,039.57 77,040 SouthPasadena DR 20,054 14,058.31 14,058 WestCovina MB 155,047 108,691.44 108,691 135,451 WestCovina DR 38,172 26,759.43 26,759 West Hollywood MB 114,445 80,229 80,229 Total 3,869,524 2,792,852 (19,766) 2,773,086 FY24 Revenue Mile Rate 0.701022553
126

ATTACHMENT A
LACMTA Voluntary NTD Reporting Program for FY '22
Using FY '24 FTA Formula Programs Apportionment Data Unit Values Jurisdiction MODE
Total Vehicle
Revenue Miles
Total Vehicle
Revenue Hours
Total Passenger
Miles
Total Operating
Costs $ from VRM $from OPCOST Total Generated
Total ($)Due to
Jursd Before
Tier 2
Deduction
Tier II
Operator
Deduction
Total ($)Due to
Jurisdiction
Glendale MB 871,699 100,417 1,127,888 10,012,370 611,080.66 8,770 619,851$ 619,851 (82,378) 537,473 Pasadena MB 739,633 71,223 1,905,376 6,777,893 518,499.41 36,974 555,473$ 555,473 (73,822) 481,651 LADOT COMMUNITY DASH MB 4,118,894 292,898 11,327,239 40,076,119 2,887,437 220,998 3,108,436$ 3,108,436 (413,110) 2,695,326 LADOT DEPARTMENT OF AGING DR 169,282 28,228 306,343 3,955,395 118,670 1,638 120,308$ 120,308 120,308 Total LADOT 4,288,176 321,126 11,633,582 44,031,514 3,006,108 222,636 3,228,744$ 3,228,744 2,815,634 - -
Total NTD 5307 Funds 5,899,508 492,766 14,666,846 60,821,777 4,135,688 268,380 4,404,068 4,404,068 (569,310) 3,834,758 -
FY24 Revenue Mile Rate *
FY24 Passenger Mile Rate

0.7010226

0.0690283
127

AGENDA STAFF REPORT

DATE:

November
5, 2024
TO:

Honorable Mayor and Members of the City Council
APPROVED BY:

Julian Lee, Interim City Manager
PREPARED BY:

Ahmad Ansari, Public Works Oversight
SUBJECT:

AWARD OF CONTRACT TO ACE ELECTRIC INC. FOR THE LYNWOOD
CITY PARK BASEBALL FIELD LIGHTING PROJECT CIP NO.
3533.68.148
Agenda Item # 8.6.

Recommendation:

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

RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AWARDING A CONTRACT TO ACE ELECTRIC INC. FOR THE LYNWOOD CITY PARK BASEBALL FIELD LIGHTING PROJECT CIP NO. 3533.68.148; AUTHORIZING THE CITY MANAGER TO

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

It is the mission of the City of Lynwood to create and maintain a clean, safe, attractive, well- informed, self-reliant, and proud-filled community that provides access to outstanding social, cultural, recreational, educational, and economical opportunities for residents and businesses.

Within the City of Lynwood is the Lynwood City Park which contains three (3) baseball fields and one (1) open space area; located at the west half of the park. The City was awarded a grant by the State of California, Natural Resource Agency, Department of Parks and Recreation Specified Grants to perform improvements to the baseball field lights at Lynwood City Park. Emeritus Anthony Rendon, who is currently serving as the Speaker of the California State Assembly, presented a ceremonial check at the September 19, 2023 City Council Meeting in the amount of $1,850,000 for the City’s Lynwood City Park Baseball Field Lighting Project (Project).

City Council City Council Regular Meeting 128
The community will benefit from several key improvements with the Lynwood City Park Baseball Field Lighting Project. First, the installation of a remote control and monitoring system will enhance the safety and quality of gameplay by allowing for remote on/off control and dimming options (high/medium/low), benefiting both players and fans. Additionally, the project includes environmental light control, which will reduce spill light and glare by 50% or more, minimizing the impact on nearby neighbors and the surrounding environment. Lastly, the new lighting system will significantly reduce energy and maintenance costs, with savings ranging from 40% to 85%.

An
Request for Proposals (
RFP) was issued to seek proposals from qualified and experienced contractors to repair and retrofit twenty (20) existing light poles around the Lynwood City Park baseball fields and install two complete light poles, from foundation to pole top, on the southeast side of the baseball fields. The installation includes, but is not limited to, boring electrical conduit, installing concrete footings for light poles, and setting up the light poles.

Contractors were encouraged to submit proposals that maximized both the quality and quantity of improvements while staying within the budget.

Discussion and Analysis:

On August 27, 2024, the City of Lynwood issued a formal RFP on the City’s website (Planetbids) for the Project. The proposal opening occurred on September 26, 2024, with a total of five (5) proposals received from various qualified companies as follows: Ace Electric, Inc., Guy Construction, Minako America Corporation, NoHo Constructors, and RMF Contracting, Inc.

Staff convened to review the proposals for the proje
ct based on the following proposal criteria:

1 .

Qualifications, Relevant Experience and References
2 .

Proposed Team
3 .

Detailed Work Plan
4 .

Fee Proposal

The scope of work consists of but is not limited to the following:

Demo/dispose/recycle existing HID light fixtures on twenty (20) poles Complete assembly/installation of new LED fixtures on retrofit poles Auger holes for foundations, set bases, backfill with concrete Complete assembly/installation of (2) 60’ poles and LED light fixtures Conduit wire from existing breaker panels to new pole locations City Council City Council Regular Meeting 129

After a thorough review of the proposals received, Staff recommends awarding a contract to Ace Electric Inc. for the Project.

Ace Electric Inc. showcases their expertise and experience through a thorough understanding of the project requirements. Ace Electric Inc. has worked on other similar field lighting projects in various locations such as the City of Desert Hot Springs, Concord University in Irvine, and the Indian Wells Tennis Garden. Positive client feedback emphasizes their reliability, attention to detail, and professionalism. Their proposed fee of $1,075,600 is competitive and within budget, while still ensuring high-quality outcomes. Furthermore, they’ve outlined a clear and realistic timeline, guaranteeing timely completion. It is estimated that the Project will be completed within sixty (60) calendar days from the date of a written Notice to Proceed.

The table below shows the estimated construction cost:

Estimated Construction Cost
Construction Cost
$1,075,600
Contingency (15%)
$160,000
Project Management (10%)
$100,075
Labor Compliance & Other (9%)
$94,325
Total Estimated Construction Cost
$1,430,000

Approved Budget:

The City’s FY 24-25 CIP budget includes $1,850,000 of the following funds for this project:

Current Budget
Rendon Fund (3533) FY 2024 - 2025
$1,850,000
Total Budget
$1,850,000
Fiscal Impact:

City Council City Council Regular Meeting 130
11-5-24 Baseball Lighting Award Award (Resolution) PWD.docx Lynwood Park - Ace Electric Proposal.pdf
Baseball Field Lighting Construction Contract Agreement- ACE Electric Inc..docx The City Council has approved Fiscal Year 24-25 budget of $1,850,000. No additional appropriation is needed.

Coordinated With:

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

Description
City Council City Council Regular Meeting 131
1 RESOLUTION NO. XXXX-XXX

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LYNWOOD AWARDING A CONTRACT TO ACE ELECTRIC INC. FOR THE
LYNWOOD CITY PARK BASEBALL FIELD LIGHTING PROJECT CIP NO. 3533.68.148; AUTHORIZING THE CITY MANAGER TO APPROVE

AGREEMENT AMENDMENTS RELATED TO THE PROJECT AND

AUTHORIZING THE MAYOR TO EXECUTE THE AGREEMENT
WHEREAS, Lynwood City Park contains three (3) baseball fields and one (1) open space area of the west half of the park; and
WHEREAS, on August 27, 2024, the City of Lynwood issued a formal Request for Proposals on the City’s website (Planetbids) for the Lynwood Park Baseball Field Lighting Project; and
WHEREAS, the proposal opening occurred on September 26, 2024, with a total of five (5) proposals received from various qualified companies; and WHEREAS, the scope of work consists of repairing and retrofitting twenty (20) existing light poles around the Lynwood Park Baseball Field and install two complete light poles, from foundation to pole top, on the southeast side of the park; this includes, but is not limited to, boring electrical conduit, installing concrete footings for light poles, and setting up the light poles; and
WHEREAS, Ace Electric Inc. demonstrate expertise and experience by showcasing a deep understanding of the project requirements, and their fee, $1,075,600, is competitive and within budget; and
WHEREAS, the City’s FY 24-25 CIP budget includes $1,850,000 of State of California, Natural Resources Agency, Department of Parks and Recreation Specified Grant Funds; and
WHEREAS, no additional appropriation 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 Ace Electric Inc. in a form approved by the City Attorney in the amount of $1,075,600. 132
2 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 6-3.15 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. 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 adoption.
(Signatures on Next Page)
133
3 PASSED, APPROVED and ADOPTED this 5th day of November 2024.

José Luis Solache
Mayor
ATTEST:

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

Noel Tapia Julian Lee
City Attorney Interim City Manager
134
4 STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 5th day of November 2024, and passed by the following votes:

AYES:

NOES:

ABSTAIN:

ABSENT:

Maria Quinonez, City Clerk

STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above foregoing is a full, true, and correct copy of Resolution No. XXX on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 5th day of November 2024.

Maria Quinonez, City Clerk
135

P.O. Box 601071 Lic. No. 835109 A, C10 - DIR #1000001519 Tel (619) 814-4760 San Diego, CA 92160-1071 www.AceElectricInc.com [email protected]

September 26, 2024

City of Lynwood
Public Works and Recreation & Community Services Dept.

RE: Request for Proposal – Lynwood Park Baseball Field Lighting Project Subject: Letter of Transmittal

To Whom It May Concern,

Ace Electric, Inc. is hereby submitting the following bid for the above referenced project.

A) Contractor having contractual responsibility with the City of Lynwood:

Ace Electric, Inc.
6061 Fairmount Avenue
San Diego, CA 92120
Chris Hinds, co-CEO
619-814-4760
[email protected]

B) Working relationship between Contractor and sub-consultants:
 Ninyo & Moore – Geotechnical consultant. Ace has contracted with Ninyo & Moore on more than twenty Musco install projects to perform geotechnical investigation and reporting services for structural foundations of light poles.  Enginova Engineering – Electrical engineering. Ace has contracted with Enginova on more than 25 Musco projects to perform complete design build engineering for City plan approval.
 Curtis Hole Drilling – Foundational drilling services. Ace has contracted with Curtis Hole Drilling on more than 200 Musco projects for more than 2,000 Musco foundations.

C) Receipt of Addendum #1 is acknowledged.

D) This proposal shall remain valid for a period of 180 days from the date of submittal.

E) Signature of the official authorized to bind Contractor to the terms of the proposal is provided below. That individual is Christopher Hinds, co-CEO of Ace Electric, Inc.

F) All information submitted within this proposal is true and correct.

136

Tel (619) 814-4760Lic. No. 835109 A, C10 - DIR #1000001519P.O. Box 601071 San Diego, CA 92160-1071 www.AceElectricInc.com [email protected]

Ace Electric, Inc. shall adhere to all federal laws, state, and local laws and regulations.

Ace Electric, Inc. shall allow authorized federal, state, county, and City officials access to place of work, books, documents, papers, fiscal, payroll materials, and other relevant contract records pertinent to the Project. All relevant records shall be retained for at least three years.

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

Ace Electric, Inc. shall comply with California Labor Code Section: 1771, 1775, 1776, 1777.5,1813, and 1815.

Pursuant to said regulations entitled: Federal Labor Standards provisions; Federal Prevailing Wage Decisions; and State of California Prevailing Wage Rates, respectively.

Sincerely,
Christopher Alan Hinds
co-CEO
Ace Electric, Inc.
137

P.O. Box 601071 Lic. No. 835109 A, C10 - DIR #1000001519 Tel (619) 814-4760 San Diego, CA 92160-1071 www.AceElectricInc.com [email protected]

Qualifications, Relevant Experience, and References

Ace Electric has completed over 308 Musco projects totaling $98M in contract value over the last 25 years. In the past 2 years alone, Ace has installed 229 new Musco poles and retrofitted 180 poles on 45 separate projects totaling $19M in contract value. Our experience and repeat business with Musco Sports Lighting speaks for itself. We are truly dedicated to our relationship with Musco and to the Customers and Owners whom we serve. Please reference the attached list showing all completed new pole install and retrofit Musco projects with references for additional information.

Regarding the capability of Ace Electric, we have ample manpower, management, resources, and finances to successfully complete the project ahead of schedule and on budget. In our 25-year history, and currently, Ace has never once been to court, received LD’s, gone bankrupt, litigated or have pending litigation, no planned office closures, no impending mergers, or not completed a project on time per the bid schedule. Ace has 110 employees, including 90 field electricians, operators, and laborers. We self-perform all excavation and general condition work, so we are in full control of the project schedule. We are bonded up to $25M per project or $50M aggregate. We are in very strong financial standing and can easily finance this project. Ace has worked on countless Musco projects that are far more complex than this one, and we are more than capable of successfully executing this project.

Our project manager assigned to this project is Jovany Galindo. Jovany has been with Ace for 6 years and is dedicated specifically to working strictly on Musco projects. Our foreman assigned to this project is Jeff Lyon, who works full time 52 weeks of the year for the past 25 years strictly on Musco pole installs and Musco retrofits. Jeff is probably the most experienced field electrician in the United States when it comes to Musco projects. Jeff and the rest of our field crew has all the necessary experience, training, competence, leadership abilities, and certifications to fulfill the requirements of this RFP.

Please reference the attached resumes and letters from Musco highlighting their experience.

Sub consultants assigned to this project are Ninyo & Moore for the geotechnical investigation and report, and Enginova for the electrical engineering and design build plan submittal. Ace has worked extensively with both consultants and they have ample experience designing and submitting on complete Musco retrofit and new pole projects.

Electrical Engineering Firm:

Enginova, Inc.

Ryan Bertalan
13125 Danielson Street, Suite 101
Poway, CA 92064
858.228.4150
[email protected]

138

P.O. Box 601071 Lic. No. 835109 A, C10 - DIR #1000001519 Tel (619) 814-4760 San Diego, CA 92160-1071 www.AceElectricInc.com [email protected]

Geotechnical Engineering Firm:

Ninyo & Moore
Julianne Padgett
5710 Ruffin Road
San Diego, CA 92123
949.842.8256
[email protected]

References are attached for all 300+ Musco projects completed by Ace in the past 25 years.

Specifically, please call Mike Higgins, Karin Anderson, and Mike Marchetti with Musco Sports Lighting for additional references. Their information is on the attached list.

Please reference the attached documents for additional information as it pertains to our technical capabilities. Thank you.
139

P.O. Box 601071 Lic. No. 835109 A, C10 - DIR #1000001519 Tel (619) 814-4760 San Diego, CA 92160-1071 www.AceElectricInc.com [email protected]

References:

Tim Odle
VP for University Operations and Athletics
Concordia University Irvine
949-214-3142

Dave DeVoe
Project Manager
Musco Sports Lighting
562-822-0330

Examples of Similar Projects
Concordia University Irvine – Design Build Sports Field Lighting Project Ace Electric contracted directly with Concordia University in Irvine to design and install sports field lighting for their softball, baseball, and soccer fields. The project included 15 new Musco Sports Lighting poles, foundations, a new utility service, new 800A switchboard, underground conduit, wiring, horizontal directional boring underneath existing turf fields, concrete and landscape repair and replacement, and low voltage systems. Ace Electric operated as a complete design build contractor for the University. We hired Enginova Engineers to perform the electrical design and KNA Structural Engineers to perform the structural design. We created a full set of stamped drawings and submitted everything to the City of Irvine. We obtained all required permits, paid all plan check fees, held third party inspections, and had regular progress meetings with the owner. We installed the system on an existing operational campus and worked around existing flatwork, fields, and landscaping. The project was hugely successful and came in on budget and within the scheduled timeframe. 140

P.O. Box 601071 Lic. No. 835109 A, C10 - DIR #1000001519 Tel (619) 814-4760 San Diego, CA 92160-1071 www.AceElectricInc.com [email protected]

Wardman and Mission Springs Parks – Design Build Sports Field Lighting Ace Electric contracted directly for the City of Desert Hot Springs to perform a complete design build athletic field lighting project at two parks with Musco Sports Lighting. The project was completed in 2022. Ace performed the geotechnical investigation and boring, structural engineering, electrical engineering, plan submission, permitting, and complete install. Enginova Engineers performed the electrical engineering and KNA performed the Structural Engineering. We held regular progress meetings with Musco and the City representatives and the project came in on budget within the scheduled timeframe.

References:

Nicholas Haecker
Project Manager
City of Desert Hot Springs
Mike Higgins
Sales Representative
Musco Sports Lighting
714-614-0863
Indian Wells Tennis Garden – Design Build Sports Lighting Ace Electric contracted with Musco Sports Lighting to retrofit 400 existing metal halide light fixtures with new LED sports lighting and controls. The installation took a total of 8 weeks, had $0 in change orders, and was completed well in advance of the construction deadline. 141

P.O. Box 601071 Lic. No. 835109 A, C10 - DIR #1000001519 Tel (619) 814-4760 San Diego, CA 92160-1071 www.AceElectricInc.com [email protected]

References:

David Sahl
Director of Facilities and Technical Operations
Desert Champions, LLC
Indian Wells Tennis Garden
760-485-0820
Mike Higgins
Sales Representative
Musco Sports Lighting
714-614-0863
Similar Clients
Ace Electric has a long history of serving clients like the City of Lynwood. We have worked extensively with cities, communities, high school districts, universities, public works organizations, and more.

Please refer to the attached list of completed sports lighting projects with list of references for additional information.
142
# Project Name Customer Project Description Name Tele # Contract Amount
Date Completed
308 Nuview Bridge Early College Nuview Union School District Install 4 new musco poles and electrical Jeff simmons (951) 928-0066 $ 527,520 2023 307 El Centro ES Sports Lighting - 5 Sites El Centro Elementary School District
Install 21 new Musco poles at 5 elementary
schools concurently, new conduit, wire,
switchgear, controls
Crissy Navarro (760) 353-5440 $ 1,488,000 2023
306 Beckman High School Tustin Unified School District Install 4 New Musco Poles and Electrical Jairo Herrera (714) 730-7515 ext. 50405
$ 449,000 2023
305 Heritage and Etiwanda Parks City of Rancho Cucamonga Retrofit 8 Existing poles at 2 Parks Ken Fung (909) 477-2730 ext 4139
$ 260,000 2023
304 Coggan Aquatics Retrofit Musco Sports Lighting Retorift 4 Existing Musco Pool PolesKarin Anderson (858) 232-1620 $ 28,000 2023 302 SDSU Tony Gwynn Stadium DPR Construction Retrofit 6 Existing Sports Lighting Poles for Baseball Field
Michael Manneh (858) 597-7070 $ 750,000 2023
301 Memorial Athletic Field Byrom-Davey, Inc. Install 4 New Musco Poles and ElectricalSteve Davey (858) 513-7199 $ 800,000 2023 300 Francis Parker Design Build Musco Francis Parker School Design Build for 4 New Poles and Retrofit of 6 Existing Poles
Mike Cain (858) 569-7900 $ 765,000 2023
298 Victoriano Park Musco Sports Lighting Design Build Soccer Field with Musco Lighting
Mike Higgins (949) 754-0503 $ 195,000 2023
297 Veteran's Park - La Ventanta Ranch Adame Landscape Sports Park with Multiple Fields, Musco Lighting, Site Lighting and CCTV, 21 new
musco poles
Mando Vanta (951) 698-6090 $ 1,947,528 2023
296 El Potrero Park Musco Sports Lighting Install 13 Musco Poles Mike Higgins (949) 754-0503 $ 536,700 2022 295 Aviara Community Park City of Carlsbad Remove and Replace 52 Musco Lamps, 8 Capacitors and 2 Ballasts
Temujin Matsubara (760) 434-2806 $ 21,200 2022 294 McVickers Park Musco Sports Lighting Retrofit 16 Poles Karin Anderson (858) 232-1620 $ 80,088 2022 293 Lakepoint Park Musco Sports Lighting Retrofit 14 Musco Poles Karin Anderson (858) 232-1620 $ 65,706 2022 292 Alberhill Park Musco Sports Lighting Retrofit 12 Poles Karin Anderson (858) 232-1620 $ 50,948 2022 291 Summerlake Park Musco Sports Lighting Retrofit 16 Poles Karin Anderson (858) 232-1620 $ 91,368 2022 290 Irwindale Park Musco Sports Lighting Install 6 New Musco Poles Karin Anderson (858) 232-1620 $ 239,900 2022 289 Swick & Matich Park Musco Sports Lighting New Musco Poles Karin Anderson (858) 232-1620 $ 224,190 2022 288 Del Norte High School Expansion Balfour Beatty New Building, Site Underground, Site and Sports Lighting, 22 new musco poles
Gordon Stanley (858) 228-7885 $ 2,659,000 2022
287 Bonita Vista High School Track & Field Byrom-Davey, Inc. Musco Sports Lighting, Site Lighting, onncession, Pressbox, LV Systems, 6 new
musco poles
Steve Davey (858) 513-7199 $ 1,969,000 2022
286 Palm Springs Surf Club Musco Sports Lighting Install Eight Musco Poles, Pole in AirDave DeVoe (562) 822-0330 $ 72,870 2022 285 Wangenheim Neighborhood Joint Use
Facility
Tri-Group Construction Upgrades to Park Lighting, New Musco Poles and Walkway Lights
Anthony Assi (858) 689-0058 $ 976,500 2023
284 Begg Park Musco Sports Lighting Retofit Nine Sports Light Poles, Egress lighting at Each Pole and Add One 3000 KVA
Inverter
Mike Marchetti (714) 318-4757 $ 135,000 2023
283 Morrison Park Musco Sports Lighting Retrofit 16 Poles Mike Higgins (949) 754-0503 $ 86,000 2021 282 Re-Lamp Sports Stadium Lights Grossmont Union High School District
Re-Lamp Sports Stadium Lights at El Cajon,
Monte Vista, Valhalla, West Hills
Robert Smith (619) 465-7168 $ 38,500 2021
281 CSULA Student Housing East Berg Electric Install Six Musco Poles, Pole in the AirJohn Silvas Jr. (602) 708-2540 $ 79,400 2021 280 TSA Long Beach Citadel-Salvation Army Ascent Builders Inc Project Design for Sports Lighting Tyler Gahagan (916) 743-0079 $ 188,233 2021 279 California Baptist University Musco Lighting Retrofit Poles and Install Soccer Field Lighitng Poles, Pole in Air
Mike Higgins (949) 754-0503 $ 47,767 2021
278 UCSD-Softball Field REC ControllerUCSD Re-lamp 20 Fixtures with Musco LampsJeff Borden (858) 999-5067 $ 14,665 2021 277 Loma Linda Ball Park Musco Sports Lighting Musco Install Dave Devoe (562) 822-0330 $ 3,500 2021 276 Centennial Park Musco Sports Lighting Install Fifteen New Sports Lights, Two 225 AMP Panels and Two Controllers
Mike Higgins (714) 614-0863 $ 253,000 2021
275 Concordia Musco Vision Musco Sports Lighting Add Musco Vision to existing sprots field Dave Devoe (562) 822-0330 $ 41,294 2021 274 Jesmond Dene Ballfield City of Escondido Retrofit Ten Sports Light Poles Wayne Thames (760) 839-4600 $ 53,905 2021 273 Lutheran High School, Orange County Musco Sports Lighting Retrofit Four Existing 60' Sports Light Poles Mike Marchetti (714) 318-4757 $ 30,600 2020 272 Northside Park City of Azusa Musco Retrofit Mike Higgins (714) 614-0863 $ 26,200 2021 271 Slauson Park City of Azusa Musco Retrofit Mike Higgins (714) 614-0863 $ 24,500 2021 270 Memorial Park City of Azusa Musco Retrofit Mike Higgins (714) 614-0863 $ 17,100 2020 269 San Ysidro Mini Pitch Musco Sports Lighting Install 3 Musco Mini Pitch SystemsCarl Otto (641) 673-2685 $ 38,690 2020 268 Indian Wells Tennis Garden Musco Sports Lighting Musco Retrofit Mike Higgins (714) 614-0863 $ 566,500 2022 267 Adrian C. Cordova Park Tom Watson Inc. Install Sixteen Musco Sports Lights, Pole in Air
Tom Watson (760) 427-7778 $ 86,400 2020
266 Summerly Park Musco Sports Lighting Sports Lighting Install Dave DeVoe (562) 822-0330 $ 112,400 2020 265 Plum Canyon Park Musco Sports Lighting Sports Lighting Install Chris Hailey (818) 856-5068 $ 56,174 2020 264 Joel Reisen Field Tom Watson Inc. Install Musco Sports Lights Tom Watson (760) 427-7778 $ 50,000 2020 263 Canyon Hills Community Park Musco Sports Lighting Sports Park Lighting Retrofit Karin Anderson (760) 798-3162 $ 63,020 2020 262 El Corzaon Aquatic Center Musco Sports Lighting Sports Lighting Installation Dave DeVoe (562) 822-0330 $ 23,600 2020 261 Roripaugh Ranch Sports Park Adame Landscape Sports Park, Site Utilities, Site Lighting and CCTV, 20 new musco poles
Diosdado Vanta (951) 698-3090 $ 1,244,585 2021
260 Auto Center-Ramona High School Near-Cal Corp Install and Connect New Cell Tower with Sports Lighting
Harry Amerson (909) 208-7616 $ 9,600 2020 259 Olympian High School Byrom-Davey, Inc. Retrofit & Expand Musco Sports Lighting.

Add Power and Statdium Sound
Steve Davey (858) 513-7199 $ 715,000 2020
258 San Diego International Airport Neal Electric Install New Musco Area Lighting Justino Ledezma (760) 477-0242 $ 20,925 2020 257 Concordia University Musco Sports Lighting New Sports Field Lighting and ServiceDave DeVoe (562) 822-0330 $ 495,000 2020 Musco Completed Project List
Ace Electric, Inc.

This list represents all of the Musco Sports Lighting Projects completed by Ace Electric. Ace has completed 308 projects with Musco Sports Lighting totaling $97,941,981 in contract value. 143
256 Salazar Park New Creation Builders Sports Lighting- Design/Build Tony Ponco (562) 804-0478 $ 111,700 2020 255 Willows Community School Triple C Electric Sports Lighting Installation Corey Knutson (661) 775-0738 $ 21,483 2020 254 Villegas Park Musco Sports Lighting Installation Mike Higgins (714) 614-0863 $ 34,450 2020 253 Diamond Field Musco Lighting Sports Lighting /LED Upgrade Dave DeVoe (562) 822-0330 $ 108,918 2020 252 Cardiff & Ecke Parks City Of Encinitas Sports Lighting Replacement Dan Foley (760) 943-2107 $ 6,516 2020 251 El Cajon Valley High School and Monte
Vista High School
Grossmont Union High School
District
Sports Field Relamp Robert Smith (619) 644-8169 $ 21,550 2019 250 Granada Hills Charter School West Coast Power Solutions Field Sports Lighting David Echols (805) 485-4433 $ 45,170 2021 249 Discovery Park Environmental Construction Musco Retrofit Darrel Wright (818) 262-2193 $ 208,000 2020 248 Discovery Park Environmental Construction Musco Retrofit Darrel Wright (818) 262-2193 $ 208,000 2020 247 Corona Del Mar High School TELACU Construction Two Lighted Sports Fields, Track and a Few Walkway Lights
Mina Ghaly (714) 541-2390 $ 1,398,000 2020
246 USC Galen Center - Retrofit Musco Lighting Sports Lighting Retrofit Taron Ferguson (641) 673-2018 $ 82,832 2019 245 Heritage Lakes Sports Park Adame Landscape Sports Field Lighting Diosdado Vanta (951) 698-3090 $ 1,715,000 2020 244 Pala Community Park City of Temecula Sports Lighting Retrofit Stacy Fox (951) 308-6306 $ 15,800 2019 243 Sports Lights at Four Parks City of Chula Vista Relamp Sixty Sports Lights at Four ParksHugo Martinez (619) 409-5914 $ 20,800 2019 242 Riverside Prep Academy Musco Sports Field Lighting Mike Higgins (800) 659-0117 $ 137,500 2019 241 SDSU ENS 700 Field ImprovementsSwinerton Builders Sports Lighting Monika Iannone (858) 964-8664 $ 530,500 2019 240 Frisbie Park RC Construction Sports Park Daniel Rodriguez (909) 829-3688 $ 1,947,000 2020 239 Riddle Field Musco LED Retrofit Sport Lights Karen Anderson (760) 798-8162 $ 26,800 2019 238 Tecolate Golf Course American Golf Musco Sports Light for Driving RangeBrian Bishop (858) 279-1600 $ 86,700 2019 237 Fredom Park - Musco Musco Sports Lighting Musco Sports Lighting Mike Marchetti (949) 754-0503 $ 54,000 2019 236 Memorial Park Musco Sports Lighting Tennis Retrofit Mike Higgins (800) 659-0117 $ 15,800 2019 235 Apron Lighting San Diego Airport AuthorityTermianl 1 & 2 Area Musco LightingEdgar Hinojosa (619) 400-2613 $ 681,429 2019 234 El Centro Aquatic Center Tom Watson Inc. Musco Sports Lighting Tom Watson (760) 427-7778 $ 36,500 2019 233 Veterans Sports Park Los Angeles EngineeringNew Sports Complex Mitch Ward (626) 454-5222 $ 3,982,000 2020 232 Camp Pendleton T Lot, Area 43 Musco Sports Lighting Musco Area Lighting Mike Winfrey (951) 570-0517 $ 37,450 2019 231 Heritage Park BrightView Landscape Sports Field Lighting Chris Von Voigt (858) 623-2987 $ 788,900 2019 230 Crean Lutheran Musco Sports Lighting Sports Lighting Karen Anderson (800) 825-6020 $ 109,000 2018 229 Rancho Simi Park Rancho Simi Rec & Park Sports Field Lighting and Tenis Court Lighting
Wayne Nakaska (805) 584-4424 $ 488,100 2018
228 SDSU Musco Retrofit Musco Sports Lighting New Sports Lighting in Arena and Controls Santiago Zamgra (800) 825-6020 $ 36,423 2018 227 Summerly Sunset Park Van Daele DevelopmentSports Lighting Mike Berger (951) 354-2121 $ 109,050 2019 226 St Pius Academy OHNO Construction Sports Lighting Retrofit Andre Tobar (951) 816-1326 $ 77,400 2018 225 Cal State University San MarcosNear-Cal Corp Sports Lighting Retrofit Harry Amerson (951) 245-8243 $ 52,495 2018 224 Correia Middle School Soltek Pacific Sports Field lighting and electrical systems Ken Riha (619) 296-6247 $ 1,511,800 2019 223 Old Town Park-Rancho CucamongaCity of Rancho CucamongaSports Light Retrofit andy Miller (909) 774-4106 $ 47,450 2019 222 Cabrillo Recreation Center City Of San Diego Sports Lighting Repair and MaintenanceDebbie Marcotte (619) 235-5294 $ 7,447 2018 221 Palomar College Soccer Field Musco Sports Lighting Sports Lighting Retrofit Karin Anderson (858) 232-1620 $ 23,900 2018 220 San Marcos Middle School Lusardi Construction Athletic Field Improvements and Sports Lighting
Shane Melbo (760) 744-3133 $ 782,435 2018
219 Barstow High School Engie Sports Lighting Retrofit Mike Higgins (800) 659-0117 $ 60,726 2018 218 Paso Robles High School Musco Sports Lighting Sports Lighting Retrofit Mike Marchetti (949) 754-0503 $ 32,400 2019 217 Covina Valley District Stadium
Phase II and III
Byrom-Davey, Inc. Sports Complex and New Building Steve Davey (858) 472-3108 $ 2,350,377 2017 216 George Flamson Middle School Musco Sports Lighting Sports Lighting Retrofit Mike Marchetti (949) 754-0503 $ 42,100 2019 215 Tuscany Hills Park Musco Sports Lighting Retrofit Karen Anderson (858) 232-1620 $ 67,500 2017 214 St. John Bosco Byrom-Davey, Inc. Sports Field Lighting Steve Davey (858) 513-7199 $ 922,500 2018 213 Valley View Arena Musco New LED Sports Lighting Nathan Johnson (319) 331-6734 $ 40,250 2017 212 Wilson HS Track and Field Byrom-Davey, Inc. Sports Field & Concession UpgradesSteve Davey (858) 513-7199 $ 363,000 2018 211 Esencia Musco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 140,000 2017 210 Lincoln Middle School Angeles Contractor New Football Sports Lighting Danny Kim (626) 923-3800 $ 326,500 2018 209 Cathedral Catholic Retro-fit Musco Retrofit Four Sports Light Poles Karin Anderson (760) 798-3162 $ 38,885 2017 208 Pomona Various Parks CS Legacy Install New Sports Lighting Richard Gonzales (909) 590-2626 $ 233,500 2017 207 Miles Avenue Park CS Legacy Sports Lighting Gregg Strumpf (909) 590-2626 $ 347,920 2017 206 Roosevelt Middle School Compton Unified School
District
Sports Lighting and related electrical Alvin Jenkins (310) 639-4321 $ 751,500 2017 205 USD Women's Softball Field University of San Diego Re-lamp Sports Lighting Brian Litchfield (619) 260-7652 $ 10,235 2017 204 Recreation Park City of El Segundo 12 Musco Tennis Court Lights John Gilmour (310) 524-2316 $ 198,067 2017 203 El Cajon Valley HS & West Hills HS Grossmont Union High School District
Re-lamp Sports Lighting Robert smith (619) 644-8169 $ 9,861 2016 202 USD Girls Softball University of San Diego Sports Lighting and Service UpgradeBrian Litchfield (619) 260-7652 $ 116,900 2017 201 Cerritos Park East Musco Sports Lighting Mike Marchetti (949) 754-0503 $ 19,700 2016 200 Summerly Community Park Van Daele DevelopmentSports Park and Walkway Lighting Barry Rehm (951) 354-2121 $ 1,049,720 2019 199 Cesar Chavez Park Lighting Port of San Diego Sports Lighting Steve Petzold (760) 763-2475 $ 49,675 2016 198 Jackie Robinson YMCA Baseball Musco Sports Lighting Chad Jaquay (563) 263-2281 $ 60,323 2016 197 Bakersfield HS Athletic StadiumKern High School DistrictNew Stadium and Sports Lighting Brandon Lencioni (661) 316-0100 $ 2,400,000 2018 196 Veterans Park City of Shafter Sports Lighting Kevin Harmon (661) 746-5002 $ 342,806 2016 195 SDSU TOCA-Lot W CW Driver Sports Lighting Catalino Romaoa (619) 696-5100 $ 492,797 2016 194 Bud Bender Moalej Builders Sports Lighting Reza Moalej (310) 926-2290 $ 35,000 2016 193 Santa Ana Sports Complex Increment 2 Byrom-Davey, Inc. Sports Lighting Steve Davey (858) 513-7199 $ 171,602 2016 192 Sports Lighting Repairs at
Monte Vista and Valhalla
Grossmont Union High School
District
Replace Sports Lighting Lorrie Davis (619) 644-8045 $ 7,969 2015 191 The Lakes - Menifee Adame Landscape Park Sports Lighting James Potter (951) 698-3090 $ 810,000 2016 190 UCSD REMAC UCSD Sports Lighting Maintenance David Purtell (858) 534-8495 $ 7,000 2015 189 Tierrasanta Community Park Fordyce Construction Sports Lighting Brian Fordyce (619) 449-4272 $ 219,500 2015 188 Murrieta Mesa High School City of Murrieta Install Musco Speaker Brackets Mike Higgins (800) 659-0117 $ 5,850 2015 187 Century High School Erickson-Hall Sports Lighting & New Buildings Rick Osgood (760) 796-7700 $ 603,400 2015 186 Mission Sports Park City of San Marcos Sports Park Lighting Repairs Chris Comes (760) 752-7550 $ 14,332 2015 185 UCSD Muir Field Western Rim ConstructorsSports Lighting Alex Sam (760) 489-4328 $ 189,000 2015 184 Lemoore Softball Field Flintco, LLC Sports Lighting - Design Build Chris Schurwon (916) 792-6255 $ 290,500 2015 183 Jasmond Dene Ball Field City of Escondido Sports Lighting Tim Hinds (760) 839-6446 $ 139,000 2015 144
182 Pt Mugu Softball Field Flintco, LLC Sports Lighting - Design Build Chris Schurwon (916) 792-6255 $ 299,500 2015 181 14 Area Field MCCS Camp Pendleton Sports Lighting - Design Build Steve Petzold (760) 463-2475 $ 407,479 2015 180 Calavera Hills & Stagecoach ParksCity of Carlsbad Retro-Fit Sports Lighting Paul Meadows (760) 434-2857 $ 637,000 2015 179 Rademacker Field / Garret Park City of Calipatria Sports Lighting - Design Build Rom Medina (760) 343-4141 $ 169,950 2015 178 Kern Valley High School Kern High School DistrictHigh School Buildings / Sports LightingMike Josephson (661) 835-8551 $ 762,500 2015 177 Lake Elsinore Storm Lake Elsinore Storm Retro-Fit Sports Lighting for MLB Class A Facility
Pat Kennedy (951) 245-4487 $ 87,390 2014
176 Pershing Sports Field Lighting City of Santa Barbara Ballfield Sports Lighting Mike Wiltshire (805) 564-5348 $ 403,800 2015 175 Torrey Pines High School Erickson-Hall School Renovation and Football Sports Lighting
Jim Thiss (760) 796-7700 $ 783,300 2015
174 Imperial High School Tom Watson Inc. Sports Lighting Tom Watson (760) 427-7778 $ 78,000 2014 173 Calipatria High School Calipatria Unified Sports Lighting Jimmy Sanders (760) 353-5440 $ 1,486,300 2014 172 Carlos Aguilar Field ImprovementCity of El Centro Sports Lighting, Design Build Jack Fleming (760) 337-5182 $ 402,400 2015 171 Sports Complex Lighting ProjectCity of La Quinta Sports Lighting Leonard Sauver (760) 777-7048 $ 339,900 2014 170 Santa Rosa Skate Park Pro West Sports Lighting Joe Linden (805) 705-2575 $ 120,890 2015 169 P705 Fitness Center SDR Building Sports Lighting Andy Kutzner (760) 746-1003 $ 55,000 2014 168 Bagdouma Park Musco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 8,300 2014 167 San Ysidro Athletic Area / Larsen
Field Lighting
City Of San Diego Sports Field Improvements Alexandra Corsi (619) 533-4644 $ 667,200 2014 166 California Bank & Trust - Del MarGolden Eagle LED Lighting Retrofit Dan Ukkestad (858) 509-1069 $ 15,000 2014 165 Rincon Baseball Field #1 Musco Sports Lighting Sports Field Lighting Mike Marchetti (949) 754-0503 $ 40,052 2014 164 Rancho Bernardo Park PAL General EngineeringSports Field Lighting Safi Khader (858) 638-7100 $ 216,500 2014 163 USD Fowler Park & Torero FieldMusco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 17,235 2013 162 San Dieguito Academy OHNO Construction Underground for Sports Field Dar New (909) 356-5672 $ 93,400 2014 161 Rancho Community Church Musco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 17,000 2013 160 Community Park Softball Field City of Buenaventura Sports Lighting Mark Garcia (805) 654-7897 $ 232,001 2014 159 Boysen Park Musco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 12,400 2013 158 Miramar Youth Complex Musco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 42,000 2013 157 Sweetwater High School Byrom-Davey, Inc. Sports Field Lighting Steve Davey (858) 513-7199 $ 51,500 2013 156 Canyon Crest Academy Byrom-Davey, Inc. Sports Field Renovation Steve Davey (858) 513-7199 $ 64,700 2013 155 St. Paul High School OHNO Construction Sports Field Renovation Dar New (909) 356-5672 $ 31,575 2013 154 Citrus Hills High School Hamel Contracting Swimming Pool and Sports LightingGrant Hamel (951) 600-2783 $ 367,500 2014 153 El Cariso Park OHNO Construction Community Sports Park Jeff Byerly (909) 356-5672 $ 1,115,000 2014 152 Willard Intermediate School Santa Ana Unified School District
Sports Field Lighting Jason Park (714) 438-9846 $ 190,000 2013 151 Etiwanda Sports Park City of Rancho CucamongaSports Lighting Retrofit Ken Fung (909) 477-2730 $ 93,500 2013 150 Retrofit Otay & San Ysidro Musco Sports Lighting Retrofit Sports Lighting Mike Marchetti (949) 754-0503 2012 149 UCSD Soccer Field UCSD Soccer Field Sports Lighting Nicole Kirk (858) 822-1852 $ 35,500 2013 148 Hospital Football Field MCCS Camp Pendleton Football Sports Lighting Steve Petzold (760) 763-2475 $ 298,500 2013 147 Santana High School Musco Sports Lighting Football Sports Lighting Mike Marchetti (949) 754-0503 $ 25,200 2012 146 CSU Northridge OHNO Construction Recreation Field Sports Lighting Jeff Byerly (909) 356-5672 $ 395,500 2013 145 Aztrack Parking Structure San Diego State UniversitySoccer Field Sports Lighting Al Martin (619) 594-1700 $ 267,500 2012 144 Santiago High School Expansion West Coast Air Conditioning Sports Lighting John Krueger (619) 561-8000 $ 3,750 2013 143 Kit Carson Park Musco Sports Lighting Sports Lighting Retrofit Karin Anderson (949) 754-0503 $ 33,600 2012 142 UCSD Price Hall Sparling Lighting Retrofit Dale Franchak (858) 622-2700 $ 12,757 2012 141 Exterior Lighting Upgrade - 2 Sites Valley Center-Pauma Unified Exterior LED Lighting Retrofit Chris Beebe (760) 535-9067 $ 184,600 2012 140 11 Area Soccer Field MCCS Camp Pendleton Sports Lighting Amanda Gillam (760) 725-1174 $ 280,645 2012 139 Arbolitos Sports Field Fordyce Construction Sports Lighting Brian Fordyce (619) 449-4272 $ 329,823 2012 138 Valhalla High School South Coast Pool PlasteringMusco Sports Lighting Giorgio Quintero (619) 561-4898 $ 29,448 2011 137 Kit Carson Park Musco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 28,500 2011 136 Palm Desert High School Desert of the Sands UnifiedSports Lighting Jim Twyford (909) 376-7591 $ 1,958,000 2012 135 Sports Arena Parking Lot LightingEleven Western BuildersLED Lighting Retrofit Doug Child (760) 796-6346 $ 682,000 2012 134 Epicenter Quake Stadium LightingCity of Rancho CucamongaSports Lighting Retrofit Bill Kittridge (909) 477-2730 $ 549,000 2012 133 UCSD Parking Structure Bomel Construction Sports Lighting Pole Kasey Shay (714) 921-1660 $ 31,900 2010 132 Coronado Middle School Coronado Unified School
District
Replace Sports Lighting Mike Matalon (858) 483-6587 $ 98,300 2011 131 Triton Baseball Field UCSD Sports Lighting and Electrical Distribution Subhas Nangia (858) 583-3909 $ 464,200 2011 130 Practice Field College of the Desert Sports Lighting Jeremy Beyor (310) 606-1714 $ 217,500 2010 129 Brawley High School Musco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 21,300 2010 128 Camp Fire USA Camp Fire USA Lighting Retrofit Jona Newcomb (760) 522-1502 $ 7,900 2010 127 La Pata Vista ValleyCrest Landscape
Development
Sports Lighting/Electrical Distribution John Lisbeth (714) 493-5787 $ 1,372,323 2012 126 Mesa College Hardscape Alvand Construction Sports Lighting Panel Upgrade Chris Ashtari (858) 668-2830 $ 19,200 2010 125 El Camino High School Musco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 12,400 2010 124 Sports Park Way Lusardi Construction Company Sports Lighting/Electrical Distribution/Building Electrical
Clint Fowler (760) 744-3133 $ 135,000 2010
123 Mesa College Musco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 37,500 2010 122 Villa Park City of Pasadena Sports Lighting Retrofit Jeff Kuhn (310) 744-7389 $ 53,400 2010 121 Montclair High School Chaffey Joint Union High
School District
Sports Lighting/Electrical Distribution Mike Brummel (909) 460-5615 $ 358,885 2010 120 Kit Carson Musco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 66,160 2010 119 Orleck Field Lincoln Military HousingReplace Sports Lighting Poles Dan Murphy $ 14,500 2010 118 Damato field Musco Sports Lighting Upgrade Sports Lighting and PowerDale Terrell (949) 754-0503 $ 32,200 2010 117 Meadowbrook Middle School Byrom-Davey, Inc. Sports Lighting Steve Davey (858) 513-7199 $ 57,000 2010 116 Northside Park City of Azusa Sports Lighting and Electrical Distribution Roy Chavez (626) 812-5259 $ 224,500 2010 115 Vista Sports Park Lusardi Construction Company Sports Lighting/Electrical Distribution/Building Electrical
Clint Fowler (760) 744-3133 $ 1,053,896 2010
114 Kearny Mesa Softball Musco Sports Lighting Sports Lighting Mike Marchetti (949) 754-0503 $ 18,000 2009 113 Mira Monte High School Kern High School DistrictSports Lighting Bart Huffman (661) 827-3122 $ 270,000 2009 112 Independence High School Kern High School District Sports Lighting and Electrical Distribution Bart Huffman (661) 827-3122 $ 367,000 2009 111 La Jolla Country Day La Jolla Country Day SchoolSports Lighting Mark Marcus (858) 453-3440 $ 38,400 2009 110 Recreation Park City of El Segundo Sports Lighting Daniel Garcia (310) 524-2358 $ 265,000 2009 109 CanyonSide Park Heffler Company Sports Lighting Pat Heffler (619) 336-0800 $ 59,500 2009 145
108 Bill Botts Park City of Culver City Sports Lighting Sammy Romo (310) 253-5619 $ 255,000 2010 107 Village at the Park ValleyCrest Landscape
Development
Sports Lighting/Electrical Distribution John Lisbeth (714) 493-5787 $ 2,512,000 2009 106 Landes & Bishop Parks City of Oceanside Sports Lighting Paul Pham (760) 435-5099 $ 145,300 2008 105 Santee Town Center Park Western Rim Constructors Sports Lighting/Electrical Distribution/Building Electrical
Ray Byrom (760) 489-4328 $ 2,690,820 2010
104 Woodland Park City of San Marcos Retrofit Lighting to Induction Type Lighting Chris Comes (760) 672-0572 $ 41,300 2008 103 Los Osos High School Chaffey Joint Union High
School District
Sports Lighting/Electrical Distribution Mike Brummel (909) 460-5615 $ 1,100,000 2008 102 Lauderbach Park MJC Construction Sports Lighting/Electrical DistributionJavier Jimenez (619) 472-5619 $ 42,200 2008 101 Villegas Park Roadway Engineering Sports Lighting/Electrical DistributionEric Alvarez (951) 360-6834 $ 74,000 2008 100 Memorial Park City of Azusa Sports Lighting/Electrical DistributionRoy Chavez (626) 812-5259 $ 198,600 2008 99 Gayle McCandless Park HTA Development Sports Lighting/Electrical DistributionMorey Rahimi (858) 486-3240 $ 31,300 2008 98 California Oaks Park City of Murrieta Sports Lighting/Electrical DistributionBob Kost (909) 304-2489 $ 123,000 2008 97 Carlson Park C.J. Tech Construction Sports Lighting/Electrical DistributionJames Cho (213) 480-1504 $ 343,200 2008 96 Recreation Park City of El Segundo Sports Lighting/Electrical DistributionDaniel Garcia (310) 524-2358 $ 160,000 2008 95 Granite Hills High School Dugouts and
Sports Lighting
Apple Valley Unified School
District
Sports Lighting/Field Dugouts Roger Abreo (760) 955-2446 $ 735,000 2008 94 Sunbeam Park Ballfield Lighting Imperial County Planning & Development
Design/Build Sports Lighting/Electrical
Distribution
Jurg Heuberger (760) 482-4236 $ 475,000 2008
93 Golden Valley High School Football Field
Lighting
Kern High School District Sports Lighting/Electrical Distribution Richard Ruiz (661) 827-3122 $ 215,000 2007 92 Abraham Lincoln Elementary Soccer
Fields
AYSO Sports Lighting/Electrical Distribution Gary Wright (949) 400-5859 $ 68,100 2007 91 Orange Terrace Western Rim ContractorsSports Lighting/Electrical DistributionRay Byrom (760)489-4328 $ 400,000 2008 90 Santa Barbara City College Compass Energy SolutionsSports Lighting/Electrical DistributionFred Ghahramani (866) 867-8328 $ 62,806 2007 89 Diamond Valley Soccer Fields Valley Wide Recreation Sports Lighting/Electrical DistributionSam Goepp (951) 654-1505 $ 2,097,500 2007 88 Cabrillo Recreation Center Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 9,360 2007 87 Fallbrook High School Byrom-Davey, Inc. Sports Lighting/Electrical DistributionSteve Davey (619) 644-8142 $ 784,000 2007 86 Grossmont High School Grossmont Union High School
District
Sports Field Lighting Matt Gates (619) 644-8142 $ 543,000 2007 85 Granite Hills High School Grossmont Union High School District
Sports Field Lighting Matt Gates (619) 644-8142 $ 494,700 2007 84 El Capitan High School Grossmont Union High School
District
Sports Field Lighting Matt Gates (619) 644-8142 $ 460,000 2007 83 Sabre Springs Little League Sabre Springs Park &
Recreation
Sports Lighting/Electrical Distribution Brad Holm (858) 395-0406 $ 4,950 2007 82 Mance Buchanan Park Western Rim ContractorsSports Lighting/Electrical DistributionRay Byrom (760)489-4328 $ 1,170,000 2007 81 Chino Hills Demo City of Chino Hills Demolition of Sports Lighting John Marshall (909) 364-2600 $ 80,150 2007 80 UCSD Warren Field Sports Lighting University California, San Diego
Sports Lighting/Electrical Distribution Subash Nangia (858) 534-2982 $ 562,064 2007 79 Imperial Beach Sports Park City of Imperial Beach Sports Lighting/Electrical DistributionVicki Madrid (619) 424-2214 $ 2,500 2006 78 4S Ranch High School Valley Crest Landscape Sports Lighting/Electrical DistributionKen Stoffel (858) 458-9900 $ 4,350 2006 77 Hollandia Park Heffler Company Sports Lighting/Electrical DistributionPat Heffler (619) 336-0800 $ 1,025,000 2008 76 Scripps Ranch High School City of San Diego Sports Lighting/Electrical DistributionBruce Martinez (858) 538-8204 $ 3,000 2006 75 Hart Park City of Orange Sports Lighting / Park Lighting Dana Robertson (714) 744-7283 $ 629,500 2007 74 San Jacinto Affordable Building Services Sports Lighting/Electrical Distribution Mike Yackovich (951) 654-9850 $ 212,510 2007 73 Fletcher Cove Park Sierra Pacific West Sports Lighting / Park Lighting Thomas Brown (760) 599-0755 $ 193,300 2007 72 Marna O'Brien Park Western Rim ContractorsSports Lighting / Park Lighting Ray Byrom (760)489-4328 $ 885,000 2007 71 North Park Community Park City of San Diego Sports Lighting/Electrical DistributionButch Martin (858) 495-4733 $ 396,000 2007 70 Boys & Girls Club of Vista Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 59,950 2006 69 Mater Dei - Santa Ana Matt Construction Sports Lighting/Electrical DistributionMichael Fedorchek (562) 903-2277 $ 46,300 2006 68 Scripps Ranch Middle School Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 10,000 2006 67 Mater Dei - Chula Vista Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 16,200 2006 66 Mohave Valley High Schools Colorado Unified High School District
Sports Lighting/Electrical Distribution Bob Owens (928) 788-1419 $ 927,168 2007 65 Lacerne Valley Middle School Lacerne Valley Unified School District
Sports Lighting/Electrical Distribution Greg Freeman (760) 248-6108 $ 15,200 2006 64 Lincoln High School San Diego Unified School
District
Sports Lighting/Electrical Distribution Kathy Moroz (619) 527-5126 $ 298,740 2007 63 Oceanside High School Oceanside Unified School
District
Sports Lighting/Electrical Distribution Joe Phant (909) 356-5672 $ 49,695 2006 62 San Marcos High School Santa Barbara Unified School
District
Sports Lighting/Electrical Distribution Carl Mayrose (805) 963-4331 $ 127,000 2006 61 Palomar College Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 24,000 2006 60 San Dieguito Academy Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 14,000 2006 59 Frances Parker Controls Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 3,000 2006 58 UCSD Pool Lighting Ph. II Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 8,100 2006 57 YMCA Cardinal Electric Sports Lighting/Electrical DistributionJohn Richardson (858) 565-6500 $ 42,000 2006 56 Otay Ranch High School Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 4,500 2005 55 La Jolla Country Day Ph. II La Jolla Country Day SchoolSports Lighting/Electrical DistributionMark Marcus (858) 453-3440 $ 16,500 2006 54 Ipai Tipai Sports Field Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 20,500 2006 53 Mission Park Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 17,900 2005 52 Steele Canyon Auditorium Lights Grossmont Union High School District
Retrofit Auditorium Lighting Matt Gates (619) 644-8142 $ 74,500 2006 51 Steele Canyon Field Lighting Grossmont Union High School District
Sports Lighting/Electrical Distribution Matt Gates (619) 644-8142 $ 468,000 2006 50 La Jolla Country Day La Jolla Country Day SchoolSports Lighting/Electrical DistributionMark Marcus (858) 453-3440 $ 52,000 2005 49 Montgomery Waller Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 115,000 2006 48 Salt Creek Berg Electric Sports Lighting/Electrical DistributionAndy Kutzner (760) 746-1004 $ 15,000 2005 47 Francis Parker Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 5,800 2005 46 Brengle Terrace City of Vista Sports Lighting/Electrical DistributionMatt Atteberry (760) 726-1340 $ 30,000 2005 45 Poway Community Park Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 26,500 2005 44 UCSD Pool Lighting Musco Sports Lighting Sports Lighting/Electrical DistributionMichael Marchetti (949) 754-0503 $ 12,000 2005 43 Rancho Community Church Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 28,000 2005 146
42 Pine Ave Park Edge Development Park Lighting/Sports Lighting/Electrical Distribution
John Squillance (951) 296-0776 $ 529,000 2006 41 UCSD Cancer Center Parking Lot Daley Park Lighting/Sports Lighting/Electrical Distribution
Armando (858) 642-7500 $ 50,000 2005
40 Los Alamos Griffith Company Sports Lighting/Park Lighting/Electrical Distribution
Dan McGraw (714) 549-2291 $ 1,915,000 2006
39 Victorville Sports Lighting City of Victorville Sports Lighting/Electrical DistributionMichele Perra (760) 955-5085 $ 180,000 2005 38 Viejas Basketball Court Berg Electric/Musco Sports
Lighting
Sports Lighting Michael Marchetti (800) 659-0117 $ 19,000 2005 37 Monte Vista High School Grossmont Union High School
District
Sports Lighting Jerry Vincent (858)458-9900 $ 140,000 2004 36 Dos Pueblos High School Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 15,000 2004 35 Rancho Penasquitos Skate Park 3-D Enterprises Park Lighting/Sports Lighting/Electrical Distribution
Sean Gabriel (858)272-3191 $ 56,000 2004 34 K-12 Coachella Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 17,500 2004 33 Cardiff By the Sea Sports Park Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 205,000 2005 32 4S Ranch Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 62,000 2004 31 Cathedral High School Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 13,000 2004 30 Vista Murrieta High School Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 32,000 2004 29 Frances Parker Sports Lighting Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 15,000 2004 28 UCSD Canyon View Aquatic CenterUCSD Sports Lighting Nicole Kirk (858) 822-1852 $ 50,000 2004 27 Westmoreland Soccer Field Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 16,000 2004 26 Mater Dei High School Byrom Davey Sports Lighting Steve Davey (858) 513-7199 $ 85,000 2004 25 SDSU Baseball Field Expansion Sierra Pacific West Sports Lighting/Electrical DistributionLarry Kelly (760) 632-0382 $ 1,090,000 2005 24 Harveston Ranch Community Park Valley Crest Landscape Park Lighting/Sports Lighting/Electrical Distribution
Greg Mettler (858)458-9900 $ 520,000 2004
23 San Gorgonio Park City of San Clemente Sports Lighting Greg Deitz (949)361-6154 $ 335,000 2004 22 Solana Beach Rail Trail Sierra Pacific West Sports Lighting/Electrical DistributionLarry Kelly (760) 632-0382 $ 510,000 2005 21 Imperial Beach Sports Park City of Imperial Beach Sports Lighting Vicki Madrid (619) 424-2214 $ 285,500 2004 20 Westridge Valley Crest Landscape Park Lighting/Sports Lighting/Electrical Distribution
Greg Mettler (858)458-9900 $ 163,000 2004
19 NAS North Island- Baseball FieldsDimensions ConstructionSports Lighting Oscar Villafranca (619) 429-5219 $ 285,000 2004 18 Santee Community Park City of Santee Sports Lighting Carl Schmitz (619) 258-4100 $ 299,000 2004 17 Scripps Ranch Community Park- Sports
Lighting
Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 80,000 2003 16 Grossmont Union High School District Kirk Paving Provide & Install Sports Field Score Boards Gary Dennis (619) 938-9958 $ 43,500 2003 15 Bradley Park- Sports Lighting City of San Marcos Sports Lighting Tim Regello (760) 744-1050 $ 166,000 2003 14 Lopez Ridge/Mira Mesa Community Park Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 90,000 2002 13 Rancho Bernardo Park- Phase 3- Sports
Lighting
Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 114,000 2002 12 Wangenheim Middle School- Sports
Lighting
Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 88,000 2002 11 Rohr Park- Sports Lighting Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 20,500 2002 10 Rancho Bernardo Park- Sports Lighting Musco Sports Lighting Sports Lighting Michael Marchetti (949) 754-0503 $ 18,300 2002 9 Mission Sports Park City of San Marcos Install Sports Lighting Tim Regello (760) 744-1050 $ 37,000 2002 8 Wellfield Community Park Ramona Municipal Water
District
Sports Lighting Shirley Brensiker (760)789-1330 $ 78,000 2001 7 In-line Hockey Lighting Castello, Inc. Sports Lighting Steve Davey (760)747-6500 $ 72,000 2002 6 USD- Torero Field Lighting Musco Sports Lighting Sports Lighting Darrell Rogers (800)825-6020 $ 15,000 2001 5 Meadowbrook Sports Lighting EV Constructors, Inc. Sports Lighting Virgil Enriquez (619)291-3880 $ 114,700 2002 4 Soccer/Baseball Field Lighting City of Escondido Upgrade Sports Lighting for Soccer and Baseball Fields
Mark Vaccher (760)839-4664 $ 760,000 2001
3 Park Lighting Upgrade City of El Cajon Gymnasium and Sports Lighting upgradeMatt Lyer (619)441-1796 $ 190,000 2001 2 Oceanside Speed Soccer Castello, Inc. Sports Lighting and Electrical Distribution Morey Rahimi (760)747-6500 $ 56,590 1999 1 Scripps Ranch Community Park Valley Crest Landscape Site & Sports Lighting & Electrical Distribution
Trevor Nelson (858)458-9900 $ 361,000 1998 Total $ 97,914,981
147

Tel (619) 814-4760Lic. No. 835109 A, C10 - DIR #1000001519P.O. Box 601071 San Diego, CA 92160-1071 www.AceElectricInc.com [email protected]

Proposed Team

The following individuals make up the management team that will be assigned to this project. Their resumes are attached for reference. This team of individuals has more experience with Musco Sports Lighting than any other team in Southern California.

Project Executive Chris Hinds
Project Manager Jovany Galindo
Superintendent Ryan Swenson
General Foreman Jeff Lyon
Foreman Danny Romero

Our Musco General Foreman in particular, Jeff Lyon, is the most experienced field individual with Musco Sports Lighting projects in California. Please reference the attached reference letters from Musco attesting to his knowledge and experience. Jeff only works specifically on Musco projects with Ace Electric and has been doing this for over 25 years. Jeff has been involved in over 250 separate Musco projects and does all the warranty and service work direct for Musco Sports Lighting in Southern California. His knowledge, expertise, relationship with Musco, and leadership would be a major asset to this project.

Our Foremen/Leadman Danny Romero has been working on Musco projects for over 10 years and his leadership abilities and knowledge of Musco products would be a significant asset to this project. With the quick schedule and phased nature of the project, having quality foremen working for a skilled general foreman will be critical to the success of the project.

Our Musco Project Manager, Jovany Galindo, has been with Ace for 7 years and currently manages all the Musco Sports Lighting projects. 100% of his time at Ace is spent estimating and managing Musco projects, including Design-Build Musco projects direct with various Cities, Counties, School Districts, Universities, and Major Sports Facilities. His relationship with everyone at Musco from the engineers to sales representatives, project managers to shipping coordinators, has been built on his excellent communication skills and attention to serving our customers and suppliers.

We believe this team of individuals is the best of the best when it comes to Musco Sports Lighting projects.

These key personnel will be available for the entire project and no individual listed here shall be removed or replaced without prior consent of the City of Lynwood. 148
Christopher Hinds
Co
-
CEO
Ryan Swenson
Co
-
CEO
Adrian Frost
Special Projects PM
Cory Clifton
Commercial PM
Jovany Galindo
Sports Lighting PM
Brian Barrett
Senior Estimator
Craig Small
Senior Estimator
Jeff Vannoy
Senior Estimator
Jovany Galindo
Junior Estimator
Avi Rojas
Junior Estimator
Carol Powell
Office Admin /
Accounts Receivable
Megan
Ensminger
Accounts Payable
Josh Harris
HR / Payroll / Labor
Compliance
Bob Garoutte
Purchasing Agent
Chad Stenquist
Shop Foreman
Christian Powell
Purchasing Assistant
Frank Madigan
Superintendent
Danny Romero
Central California
General Foreman
Jeff Lyon
Musco General
Foreman
Tony Vizcarra
Commercial Projects
General Foreman
Jason Goldhagen
Commercial Projects
General Foreman
Cesar Sais
Foreman
Steven Perez
Foreman
Mike Barrett
Foreman
Benny Gomez
Foreman
Greg Hord
Foreman
Brian Mackel
Foreman
Hugo Martinez
Foreman
Zach Healey
Foreman
Eric Perez
Foreman
Brian Raley
Foreman
Jose Vargas
Foreman
Rob Wurster
Preconstruction /
Prefab Manager
Estimating
Administration
Shop / Prefabrication
Project Management
Jeff Hinds
Chairman of the
Board of Directors
Victor Camacho
Senior
Superintendent
Foreman
Foreman
Foreman
Foreman
Foreman
Foreman
Foreman
Foreman
Foreman
Foreman
Foreman
Foreman
Field Operations
Ben Solomuli
Foreman
Bob Garroutte
Safety Manager
Jesus Rochin
Commercial PM
149

Mike Higgins
Sales Executive
Musco Lighting LLC.
3002 Dow Ave. Suite 504
Tustin, CA 92780

August 22, 2023

To Whom It May Concern,

I am pleased to write this letter of recommendation for Mr. Jeff Lyons, a highly skilled electrician whom I have had the privilege of working with for the past 20 years at Ace Electric Inc. Jeff has consistently displayed exceptional expertise and dedication installing Musco Lighting Equipment.

Jeff's technical proficiency and deep understanding of electrical systems are a valuable asset when working on park lighting projects. His attention to detail is commendable. Jeff's ability to diagnose and resolve complex electrical issues efficiently sets him apart as a reliable problem solver. Jeff’s communication skills and collaborative nature will benefit any construction project.

I wholeheartedly recommend Jeff Lyons as an electrician, confident that his skills, work ethic, and positive attitude will make him an asset to any team or project. Please feel free to contact me at 714-614-0863 if you require any further information regarding Jeff's qualifications and contributions.

Sincerely,

Mike Higgins

150

August 23, 2023

Re: Jeff Lyon, Ace Electric

To Whom it May Concern,

It is with great enthusiasm that I am providing a reference for Jeff Lyon. I’ve personally known and worked with Jeff for over 16 years and Jeff has worked with Musco for over 27 years.

Jeff is the “Go-To” Guy in San Diego for electrical. His vast electrical knowledge, lighting expertise and comprehensive skillset is unrivaled. Jeff is very detail-oriented and has excellent management skills.

Many at Musco, including myself, have witnessed Jeff proactively avoid and help resolve problems when needed. He is expertly skilled in Musco products, Musco installations, electrical wiring and infrastructure, controls systems and jobsite management. He is extremely capable of managing large crew jobs and has worked on approximately 200 Musco installations alone. Jeff’s rigging abilities and Musco product installation abilities are stellar. In addition, Jeff is also one of the nicest, friendliest, hard-working and customer-oriented people you will meet.

I am truly confident that his skills and work ethic will make him an asset to any team or project. Please feel free to contact me at 858-232-1620 if you require any further information.

Karin Anderson
Musco Sports Lighting
Sales Representative
San Diego, South Orange and Imperial Counties
858-232-1620
[email protected]
151

JEFFREY
LYON Musco General Foreman

PROFILE
Jeff has been with Ace for over 25
years, doing nothing but working for
Musco Sports Lighting. Jeff oversees
all the Musco service and warranty
repair work directly for Musco Sports
Lighting in Southern California. Jeff
also oversees our critical Musco Sports
Lighting projects. His knowledge,
leadership abilities, and technical
expertise put him second to none
when it comes to installing a new
Musco Sports Lighting System.

CONTACT
PHONE:
619-726-6072

WEBSITE:
www.AceElectricInc.com

EMAIL:
[email protected]

ACCOLADES
Certified Journeyman Electrician
EM-385
OSHA-30
OSHA-10
Trench and Excavation Certified
Musco Pole Rigger Certified
Aerial Lift Operator Certified
CPR Certified
Small Boat Regatta Race Winner

EDUCATION
Tigard High School
1979-1982

Dunwoody Institute
B.A – Electrical Construction & Maintenance
Diploma – Electrical Construction 7 Maintenance
1989-1991

WORK EXPERIENCE
United States Navy
1983-1987

Ace Electric Electrician
1996-2006

Ace Electric Certified Electrician/Foreman
2006–Present

KEY PROJECTS
Indian Wells Tennis Garden – Musco LED Lighting
Dates: 2021 Customer: Musco Sports Lighting
Scope & Role: Jeff lead and oversaw the installation of over 300 new Musco LED fixtures, DMX drivers, lighting control, conduit, wire, and electrical infrastructure for a full LED upgrade for the entire Indian Wells Tennis Garden professional sports complex. This is the highest profile and complex project Ace has undertaken, and it was met with great success because of Jeff’s knowledge and expertise when it comes to Musco Sports Lighting systems.

Musco Service Work
Dates: 1996-2023 Customer: Musco Sports Lighting
Scope & Role: Jeff personally oversees and manages most of the Musco Sports Lighting outages and service work for their systems in Southern California. When there is troubleshooting or outage repair work, Musco calls Jeff first. Jeff has overseen over $3M in Musco service work since 1996.

152

CHRISTOPHER
HINDS
c o - C E O

PROFILE
Chris has been with Ace for over 8
years, gaining experience as an
Estimator, Project Manager, CFO, and
now co-CEO with his business partner
Ryan Swenson. Chris’ core values are
honesty, integrity, and dedication to
his employees and customers.

Chris oversees all areas of Estimating,
Accounting, Project Management,
Labor Compliance, and HR while also
functioning as the company’s CFO.

He works hard to help his team grow
and succeed, so Ace can support
their customers and field operations.

He prides himself on preparing quality
estimates and managing projects
effectively.

CONTACT
PHONE:
619-814-4760

WEBSITE:
www.AceElectricInc.com

EMAIL:
[email protected]

ACCOLADES
BSA Eagle Scout
Hiked the Entire PCT
AGC Project Management Course
AGC Leadership Course
Member of Family Business Institute

EDUCATION
Patrick Henry High School
Graduated with Honors, GPA: 4.21
2005 - 2009

Cal Poly San Luis Obispo
B.S & M.S Aerospace Engineering
2010 - 2015

WORK EXPERIENCE
Ace Electric Estimator
2015–2017

Ace Electric Project Manager
2017–2019

Ace Electric Owner
2020–Present

KEY PROJECTS
Veteran’s Sports Park - Tustin
Dates: 2018-2020 Contract: $4,200,000 General: LA Engineering Scope & Role: Chris served as the Estimator and Project Manager overseeing all areas of bidding and construction for this new state of the art sports complex in the City of Tustin. The project included over 150 walkway and parking lot lights, 40 new Musco sports lighting poles, new utility service and switchgear, and miles of underground electrical duct banks.

Mira Costa Health & Wellness Hub
Dates: 2019-2023 Contract: $9,500,000 General: Balfour Beatty Scope & Role: Chris served as the Project Manager for this new Health and Wellness Campus at Mira Costa Community College in Oceanside.

The project entailed over 75,000 SF of new buildings, parking lots, site improvements, medium voltage service loops, and complex electrical systems.

153

JOVANY
GALINDO Musco Project Manager

PROFILE
Jovany has been with Ace for over 7
years, working in the field on Musco
projects before becoming our main
Musco Project Manager. As our
Musco PM, Jovany oversees all Musco
project operations, working closely
with our customers and the Musco
team.

Jovany goes above and beyond to
effectively manage projects and build
relationships with the customers and
owners that we serve. His strong
communication skills, dedication to
our customers, and proactive
approach lead to success on every
project he is a part of.

CONTACT
PHONE:
619-814-4782

WEBSITE:
www.AceElectricInc.com

EMAIL:
[email protected]

ACCOLADES
Certified Journeyman Electrician
Procore Certified
CPR Certified
Electrical Field Experience

EDUCATION
Mar Vista High School
2009-2010

ABC Electrical Apprenticeship Program
2016-2021

WORK EXPERIENCE
Sustineo Construction Corp PV Technician
2016-2018

Ace Electric Apprentice / Journeymen
2016–2021

Ace Electric Musco Estimator / Project Manager
2020–Present

KEY PROJECTS
El Centro 5 Schools New Musco Lighting
Dates: 2023 Contract: $1,488,000 Customer: El Centro USD Scope & Role: Jovany served as the Project Manager for Ace to install 21 new Musco Sports Lighting poles at 5 separate elementary schools including all electrical infrastructure and new switchgear. This was a complex project due to the 45-calendar day duration and the phased nature of the project. Jovany was instrumental in the successful planning, scheduling, and execution of this project.

Francis Parker School New Musco Lighting
Dates: 2021-2022 Contract: $876,119 Customer: Francis Parker School Scope & Role: Jovany supervised the design, scheduling, and installation of 4 new Musco poles and 6 Musco pole retrofits including all conduit, wire, and switchgear for Francis Parker’s football, baseball, and softball fields. This was a highly complex design build project that involved significant phasing to maintain access to the fields for students during operations.

154

RYAN

SWENSON
c o - C E O

PROFILE
Ryan has been with Ace for over 8
years, gaining experience as a Project
Manager, Superintendent, and now
co-CEO with his business partner
Christopher Hinds. Ryan’s core values
are taking care of his employees and
customers, honesty, and doing what
he says he is going to do.

Ryan oversees all areas of Field
Operations and Project Management.

He works hard to help develop his
employees and support them in their
career growth. He prides himself on
managing projects and employees
effectively.

CONTACT
PHONE:
619-814-4779

WEBSITE:
www.AceElectricInc.com

EMAIL:
[email protected]

ACCOLADES
BS in Science – Construction
Management
OSHA-30
C-10 Electrical Contractors License
Member of Family Business Institute

EDUCATION
Shadow Mountain High School
1999-2003

Arizona State University
B.S Science – Construction Management
2003-2008

WORK EXPERIENCE
Ace Electric Project Manager
2012-2016

Wayne J. Griffin Electric Foreman
2016-2018

Eckardt Group Project Manager
2018-2019

Ace Electric Owner
2020–Present

KEY PROJECTS
Indian Wells Tennis Garden – Musco LED Lighting
Dates: 2021 Customer: Musco Sports Lighting
Scope & Role: Ryan served as the Superintendent overseeing all areas of construction for the LED upgrade and installation of over 300 new Musco fixtures, controls, and electrical infrastructure at the world renowned Indian Wells Tennis Garden. Ryan was instrumental in overseeing the operations of this project and working closely with our Musco General Foreman.

Del Norte High School – New Musco Sports Lighting Complex Dates: 2020-2022 Contract: $4,500,000 General: Balfour Beatty Scope & Role: Ryans served as the Superintendent for this new athletic field complex including new Musco pole lighting for 3 new soccer fields and 4 baseball fields.

155

DANNY
ROMERO Electrical Foreman

PROFILE
Danny has been a lead foreman at
Ace for over 15 years. His
communication and leadership skills
with his crew and our customers are
what drive his success.

Danny’s personable demeanor, clear
and positive communication, and
willingness to find solutions to difficult
problems help set him apart from the
rest. He takes pride in making sure our
General Contractors and Owners are
thrilled with the quality of work that his
crew delivers. Danny also works hard
to develop honest and transparent
relationships with our customers, which
he has built over the years.

CONTACT
PHONE:
818-825-4389

WEBSITE:
www.AceElectricInc.com

EMAIL:
[email protected]

TRAINING
OSHA 10 & 30 Certified
CPR Certified
ABC Apprenticeship Training
Fall Protection
Forklift & Reach fork Certified
Trench & Excavation Certified

EDUCATION
Los Angeles Valley Community College
2004 - 2008

ABC Electrical Apprenticeship Program
2010 - 2014

WORK EXPERIENCE
Ace Electric General Foreman
2009 – Present

Lennar Homes Construction Field Assistant
2007–2009

Landmark Electric Electrician
2005–2007

KEY PROJECTS
Mile Square Park – Phase 1
Dates: 2021-2023 Contract: $2,300,000 General: Ohno Const.

Scope & Role: Danny served as the Lead Foreman in charge of all construction operations for Phase 1 of Mile Square Park. Danny led a crew of 8 to install over 60 roadway and walkway light pole bases and poles, new distribution boards, a 3,500’ parallel feeder from the main switchboard on Euclid Street, branch circuiting, and pump feeders.

Veteran’s Sports Park - Tustin
Dates: 2018-2020 Contract: $4,200,000 General: LA Engineering Scope & Role: Danny served as the Foreman overseeing all areas of construction for this new state of the art sports complex in the City of Tustin. The project included over 150 walkway and parking lot lights, 40 new Musco sports lighting poles, new utility service and switchgear, and miles of underground electrical duct banks. Danny’s communication with the Owner, Design Team, and Customer was instrumental in completing the project on time and within budget.

156

1044 Pioneer Way, Suite E, El Cajon, California (619) 334-6020 ext 202 Enginova, Inc.

Design Build Project List with Ace Electric for Sport
Lighting Projects

2020 – Salazar Park Sports Lighting:

Provide (2) New light poles with fixtures, retrofit (3) Existing light poles with fixtures, and install new Musco Controller for Baseball field lighting systems.

2020 – Concordia University Sports Lighting:

Provide (15) New light poles with fixtures and install new Musco Controller for (1) Baseball field, (1) Softball field, and (1) Soccer field.

2021 – Loma Linda Ball Park:

Provide (6) New light poles with fixtures and new Musco Controller for (1) Baseball field. Install new Musco Vision Cameras on (3) Baseball fields.

2021 – The Salvation Army Long Beach Soccer Field:

Provide (4) New light poles with fixtures and new Musco Controller for (1) Soccer field.

2022 – Summerlake Musco Lighting:

Modify existing electrical distribution to install new Musco Controller for existing sport lighting systems.

2022 – Fairmont School Volleyball Lighting:

Provide (4) New light poles with fixtures and time dial controllers for (3) Volley courts.

2023 – 2260 Brengle Terrace Park Lighting:

Provide (11) New light poles with fixtures and new Musco Controller for (2) Baseball fields.

2024 – Mission Hills High School Football field Lighting:

Provide (6) New light poles with fixtures and new Musco Controller for (1) Football field.

157

P.O. Box 601071 Lic. No. 835109 A, C10 - DIR #1000001519 Tel (619) 814-4760 San Diego, CA 92160-1071 www.AceElectricInc.com [email protected]

Proposed Schedule

Please reference the 3 attached proposed project schedules. We are submitting a proposed schedule for the following phases:

1. Preconstruction & Admin – October 21 to January 3

2. Phase I Construction (Retrofit) – January 6 to February 7

3. Phase II Construction (New Poles) – February 10 to February 28

Based on the attached schedules submitted, we shall be 100% completed with all work 20 days prior to deadline. Preconstruction & Admin activities are not accounted for within the contractual 60 working days. This contingency will allow for any unexpected events and weather interruptions.

Ace Electric will coordinate with Musco Sports Lighting to receive and offload all Musco shipments on Monday, January 6. Ace will secure and store all Musco materials for the duration of the project until their installation within our fenced laydown area. Ace will also furnish and install a temporary security camera for the laydown area and alarms on the Conex boxes to prevent damage and theft, which will prevent any schedule delays by having to re-order stolen or damaged materials from Musco.

Ace Electric understands the critical nature of the proposed schedule and agrees to meet or exceed the schedules that we have submitted herein. We understand it is critical to adhere to the phased approach to accommodate for all youth sporting activities. We will ensure the phase opposite of the one we are working on remains fully open for youth sports. Ace Electric will submit this proposed schedule with our submittals within 5 days after notice of award. We will continue to update the schedule and submit it to the City engineer on a bi-weekly basis throughout the duration of the project.

There are several critical parts of the proposed schedule which must be adhered to by both Ace Electric and the City, specifically as it relates to Preconstruction and Design activities. Ace will submit a complete plan set to the City on Wednesday, November 13th for Plan Check and applicable Permits. The City must approve plans by Friday, December 20th. Based on the proposed schedule, we should receive the product on site by Monday, January 6th.
158
26 27
14 15
16 17
18 21
22 23
24 25
28 29
30 31
1 4
5 6
7 8
11 12
13 14
15 18
19 20
21 22
6 7
8 9
10 TH
F
M
T
W
TH
F
M
T
W
TH
F
M
T
W
TH
F
M
T
W
TH
F
M
T
W
TH
F
M
T
W
TH
F
M
T
W
TH
F
Bid Opening
September 26
x
Council Approval (Tentative Date)
October 15
x
Preconstruction & Admin
Issue & Sign Contract
October 21
x
P&P Bonds
October 22
x
GL/Auto/WC Insurance Endorsements
October 22
x
City of Lynwood Business License
October 22
x
Issue Subcontracts
22-Oct
x
Electrical Engineering
October 22
x
Geotechnical Investigation
October 23
x
x
x
x
x
x
x
x
x
x
Submittals
November 4
x
Musco Sports Lighting
November 4
x
Detailed Schedule
November 4
x
Lift Plan
November 4
x
Pull Boxes
November 4
x
Wire
November 4
x
Raceways
November 4
x
Concrete Mix Designs
November 4
x
Structural Engineering per Geotechnical Report
November 6
x
x
x
x
x
Submittals Approved
November 11
x
Release Musco Sport Lighting Product
November 11
x
City Building Permit/Plan Check
November 13
x
On Site Preconstruction Meeting
November 18
x
Issue Notice to Proceed (TBD by Musco Delivery)
January 6
x
Sept.

October
November
January
Days

CONSTRUCTION SCHEDULE - PRECONSTRUCTION & ADMIN

LYNWOOD PARK BASEBALL FIELD LIGHTING PROJECT
ACE ELECTRIC, INC.

UPDATED 9/25/2024
Project Task
Start Date
159
6 7
8 9
10 13
14 15
16 17
20 21
22 23
24 27
28 29
30 31
3 4
5 6
7 M
T
W
TH
F
M
T
W
TH
F
M
T
W
TH
F
M
T
W
TH
F
M
T
W
TH
F
Phase I Begins
January 6
x
Phase I Mobilization
Mobilize on Site
January 6
1 x
Setup Laydown Area
January 6
1 x
Receive Containers
January 6
1 x
Receive Metal Recycle Bin
January 6
1 x
Mobilize Equipment
January 6
1 x
Receive and Stage Basic Electrical Materials
January 6
1 x
Receive Musco Sport Lighting
January 6
1 x
Dig Alert
January 6
1 x
Phase I: Retrofit Baseball 1
Demo Existing Metal Halide Musco System
January 7
2 x
x
Install New LED Fixtures, Crossarms, and Wire Harness
January 7
2 x
x
Install New LED Driver Enclosures
January 7
2 x
x
Phase I: Retrofit Baseball 2
Demo Existing Metal Halide Musco System
January 9
2 x
x
Install New LED Fixtures, Crossarms, and Wire Harness
January 9
2 x
x
Install New LED Driver Enclosures
January 9
2 x
x
Phase I: Retrofit Baseball 3
Demo Existing Metal Halide Musco System
January 13
2 x
x
Install New LED Fixtures, Crossarms, and Wire Harness
January 13
2 x
x
Install New LED Driver Enclosures
January 13
2 x
x
Phase I: Retrofit Soccer 1
Demo Existing Metal Halide Musco System
January 15
2 x
x
Install New LED Fixtures, Crossarms, and Wire Harness
January 15
2 x
x
Install New LED Driver Enclosures
January 15
2 x
x
Phase I: Retrofit Soccer 2 & 3
Demo Existing Metal Halide Musco System
January 17
2 x
x
Install New LED Fixtures, Crossarms, and Wire Harness
January 17
2 x
x
Install New LED Driver Enclosures
January 17
2 x
x
Phase I: Wiring & Controls
Demo Existing Wiring
January 21
4 x
x
x
x
Demo & Replace Musco Controls
January 27
2 x
x
January
February
ACE ELECTRIC, INC.

CONSTRUCTION SCHEDULE - PHASE I (Retrofit)

LYNWOOD PARK BASEBALL FIELD LIGHTING PROJECT
UPDATED 9/25/2024
Project Task
Start Date
Days
160
6 7
8 9
10 13
14 15
16 17
20 21
22 23
24 27
28 29
30 31
3 4
5 6
7 M
T
W
TH
F
M
T
W
TH
F
M
T
W
TH
F
M
T
W
TH
F
M
T
W
TH
F
January
February
ACE ELECTRIC, INC.

CONSTRUCTION SCHEDULE - PHASE I (Retrofit)

LYNWOOD PARK BASEBALL FIELD LIGHTING PROJECT
UPDATED 9/25/2024
Project Task
Start Date
Days
Pull New Wiring
January 29
3 x
x
x
Splices & Terminations
February 3
3 x
x
x
Commission Musco Sport Lighting (Existing System Only)
February 6
1 x
Phase I: Remediation & Clean Off
Sod Remediation
February 7
1 x
Haul Away Demolished Metal Halide System
February 7
1 x
161
10 11
12 13
14 17
18 19
20 21
24 25
26 27
28 M
T
W
F
M
T
W
TH
F
M
T
W
TH
F
Phase II Beings
February 10
Phase II: Preconstruction Activities
GPR / Locating Existing Underground Utilities
February 10
1 x
Survey New Pole Locations
February 10
1 x
Phase II: Construction
Spread Precast Plugs on Site
February 11
1 x
Drill Musco Foundations
February 11
1 x
Install Precast Plugs and Backfill with Concrete
February 11
1 x
Concrete Cure Time
February 11
5 x
x
x
x
Trench, Install Conduit, Backfill
February 11
5 x
x
x
x
x
Install Pull Boxes
February 17
1 x
Intercept Existing Pull Box
February 17
1 x
Fly Musco Poles with a Crane
February 18
3 x
Landscape Remediation & Field Repair
February 19
2 x
x
Install New Breakers in Existing Gear
February 21
1 x
Pull Branch Wire
February 21
1 x
Terminations
February 21
1 x
Commission Musco System Complete
February 21
1 x
Cleanup Site
February 24
1 x
x
Punch Walk & Corrective Action
February 25
1 x
x
Light Level Test
February 26
1 x
Final
February 28
1 x
Start Date
Days
February
CONSTRUCTION SCHEDULE - PHASE II (New Poles)

LYNWOOD PARK BASEBALL FIELD LIGHTING PROJECT
ACE ELECTRIC, INC.

UPDATED 9/25/2024
Project Task
162

P.O. Box 601071 Lic. No. 835109 A, B, C10 Tel (619) 814-4782 San Diego, CA 92160-1071 www.AceElectricInc.com Fax (619) 521-9742 DIR #1000001519
Lynwood Park Baseball Field Lighting Project
September 26, 2024

We are pleased to submit our proposal for the electrical work on the above-referenced project. Our price is based on the site visit and furnished information. Addendum 1 is acknowledged. Our pricing is subject to the following inclusions, clarifications, and exclusions:

Lump Sum Fee: $1,075,600

Inclusions & Clarifications:
 Furnish, receive, protect, and install Musco Sport Lighting products for a complete and operable system.  Remove, dispose and replace existing fixtures, ballasts, crossarms, wiring harness, and related materials on (20) existing Musco poles.
 Reuse existing service, panelboards, circuit breakers, and conduit.  We have included replacement of branch wiring to all (20) existing Musco poles.  We have included new breakers, trench/boring, backfill, conduit, wire, precast pull boxes for (2) new poles.  We have included (2) new Musco Sport Lighting concrete foundations per preliminary foundation design.  Haul off excess spoils.
 Temporary facilities or fencing
 Electrical Engineering. Plan check. Permits or fees.
 Premium for payment and performance bonds (our bond rate is 1.0%).  This proposal is good for 180 days.
 Work during normal business hours.
 We are a union contractor. Compliance with all Prevailing Wage and Labor Compliance requirements.  CARB Certificate of Reported Compliance letter attached. Expires February 28, 2025.  DIR #1000001519. Expires June 30, 2026.
 CSLB #835109 A, B, C-10. Expires March 31, 2026.
 This proposal shall be included as an exhibit to the contract documents.

Exclusions:
 Overtime premium or off hours work.
 No geotechnical report available. Ace has included costs to perform geotechnical boring and report which is necessary for structural foundation engineering of the Musco poles.  Excavation or drilling in non-standard soils. Example of non-standard soils include but are not limited to rock, caliche, cobble, hard materials, high water table, ground water, collapsing holes, sand, soft soils, etc. Remediation or additional work due to non-standard soils shall be an extra cost. De-watering.  Musco foundations are based upon standard soils; rebar cages, spread footings, suspended plugs, larger diameter footings, deeper footings, etc. are not included.  Removal or disposal of hazardous materials or asbestos.  Structural Engineering (by Musco), Seismic calculations.  Low Voltage Systems. Spare conduits.

T&M Field Hourly Rate: $135 per hour plus 15% markup on labor, materials, and equipment.

Please call us if you have any questions or need additional information.

Thank you,
Christopher Hinds
163
CONTINUATION SHEET AIA DOCUMENT G703 PAGE 1 OF 1 PAGES Subcontractor: Project Name:Lynwood Park Baseball Field Lighting Project APPLICATION NO:

Ace Electric, Inc. APPLICATION DATE:

PO Box 601071 General Contractor:Ace Electric, Inc. PERIOD TO:

San Diego, CA 92160
ACE JOB NO:

A B C D E F G H
ITEM DESCRIPTION OF WORK SCHEDULED WORK COMPLETED MATERIALS TOTAL % BALANCE NO. VALUE FROM PREVIOUS THIS PERIOD PRESENTLY COMPLETED (G+C) TO FINISH

APPLICATION STORED AND STORED (C-G)
(D + E) (NOT IN TO DATE
D OR E) (D+E+F)
Preconstruction & Admin
1 Mobilization 15,000.00 - - - 0% 15,000.00 2 Submittals 5,000.00 - - - 0% 5,000.00 3 Geotechnical Investigation 25,000.00 - - - 0% 25,000.00 4 Electrical Engineering 10,000.00 - - - 0% 10,000.00 5 Plan Check/Fees 3,000.00 - - - 0% 3,000.00 6 Closeout Documents 2,500.00 - - - 0% 2,500.00 7 Punch & Demobilization 2,500.00 - - - 0% 2,500.00 Material Procurement
8 Musco Sport Lighting 727,600.00 - - - 0% 727,600.00 8 Branch Wire 45,000.00 - - - 0% 45,000.00 9 PVC Conduit & Elbows 3,000.00 - - - 0% 3,000.00 10 Precast UG Pull Boxes 1,000.00 - - - 0% 1,000.00 11 Circuit Breakers 2,000.00 - - - 0% 2,000.00 Phase I: Retrofit
12 Retrofit 20 Existing Musco Poles 140,000.00 - - - 0% 140,000.00 13 Demo Branch Wire to Existing Musco Poles 15,000.00 - - - 0% 15,000.00 14 Install New Branch Wire to Existing Musco Poles 20,000.00 - - - 0% 20,000.00 15 Weatherproof Splices 5,000.00 - - - 0% 5,000.00 16 Install New Musco Control Cabinets 10,000.00 - - - 0% 10,000.00 17 Commission Musco Sport Lighting (Existing System Only)1,500.00 - - - 0% 1,500.00 Phase II: New Poles
20 Site Survey 6,500.00 - - - 0% 6,500.00 21 Drill New Musco Foundations, Pier Installation, & Encasement12,000.00 - - - 0% 12,000.00 22 Trench, Conduit, & Backfill 3,500.00 - - - 0% 3,500.00 23 Install UG Pull Boxes 1,000.00 - - - 0% 1,000.00 24 Assemble & Install New Musco Poles 10,000.00 - - - 0% 10,000.00 25 Install New Circuit Breakers 1,500.00 - - - 0% 1,500.00 26 Install New Branch Wire 5,000.00 - - - 0% 5,000.00 27 Weatherproof Splices 1,000.00 - - - 0% 1,000.00 28 Commission Musco Sport Lighting System (Complete)500.00 - - - 0% 500.00 29 Light Levels Test 1,500.00 - - - 0% 1,500.00 164
CONTINUATION SHEET AIA DOCUMENT G703 PAGE 1 OF 1 PAGES Subcontractor: Project Name:Lynwood Park Baseball Field Lighting Project APPLICATION NO:

Ace Electric, Inc. APPLICATION DATE:

PO Box 601071 General Contractor:Ace Electric, Inc. PERIOD TO:

San Diego, CA 92160
ACE JOB NO:

A B C D E F G H
ITEM DESCRIPTION OF WORK SCHEDULED WORK COMPLETED MATERIALS TOTAL % BALANCE NO. VALUE FROM PREVIOUS THIS PERIOD PRESENTLY COMPLETED (G+C) TO FINISH

APPLICATION STORED AND STORED (C-G)
(D + E) (NOT IN TO DATE
1,075,600.00$ - - - - 0% 1,075,600.00 165
166

CITY OF LYNWOOD CONSTRUCTION AGREEMENT
FOR CONSTRUCTION OF PROJECT NO. 3533.68.148 ENTITLED
“BASEBALL FIELD LIGHTING PROJECT (CIP PROJECT NO.
3533.68.148)”
This agreement (the “Agreement”) is made and entered into on this 5 th day of November, 2023 by and between the City of Lynwood, a California Municipal Corporation ("City") and ACE ELECTRIC 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 _August 27th, 2024
B. Instructions to Bidders.

C. Addenda.

D. Contractor’s Proposal and Workers’ Compensation Certificate dated November 1st, 2023, 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 November 5TH, 2024.

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.

P Approved and Fully-Executed Change Orders.
167
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.
168
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 SEVENTY-FIVE THOUSAND SIX HUNDRED DOLLARS ($1,075,600)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-five 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.
169
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 170
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 $500.00 per calendar day is a reasonable sum to assess as Liquidated Damagesto 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. 171
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.
172
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 ACE ELECTRIC INC.

Attn: City Engineer Attn: Chris Hinds, co-CEO
11750 Alameda Street 6061 Fairmont Avenue
Lynwood, CA 90262 San Diego, CA 9120
Fax No. (310) 635-0493
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.
173
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
ACE ELECTRIC INC.

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]
174

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 November 5th, 2024 (referred to hereinafter as the “Agreement”) with Ace Electric Inc. (hereinafter designated as “Contractor” or "Principal"), for construction of, BASEBALL FIELD LIGHTING PROJECT (CIP PROJECT NO. 3533.68.148) (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 SEVENTY-FIVE THOUSAND SIX HUNDRED DOLLARS ($1,075,600) 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. 175
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.
176
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
177

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
178

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 November 5th, 2024 (referred to hereinafter as the “Agreement”) with ACE ELECTRIC INC. (hereinafter designated as the "Contractor" or “Principal”), for BASEBALL FIELD LIGHTING PROJECT (CIP PROJECT NO. 3533.68.148).

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 SEVENTY-FIVE THOUSAND SIX HUNDRED DOLLARS ($1,075,600), 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 to the Specifications. Said Surety also hereby waives the provisions of sections 2819 and 2845 of the California Civil Code.
179
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)
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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
(CORPORATE SEAL)
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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.
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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.
183
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.
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AGENDA STAFF REPORT

DATE:

November
5, 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
Alfredo Perez, Senior Planner of Community Development
SUBJECT:

FOURTH AMENDMENT TO A PROFESSIONAL SERVICE AGREEMENT

WITH RAMBOLL FOR THE CONTINUED ADVISORY AND

IMPLEMENTATION SERVICES INCLUDING COMPLETION OF A
REMEDIAL ACTION PLAN ("RAP") AND REMEDIATOIIN OF
ENVIRONMENTALLY IMPACTED AREAS AT AND AROUND 11600

LONG BEACH BOULEVARD BASED ON THE AWARD OF THE DTSC-

ECRG GRANT
Agenda Item # 8.7.

Recommendation:

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

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

ANGELES, STATE OF CALIFORNIA AUTHORIZING THE FOURTH AMENDMENT TO A

PROFESSIONAL SERVICE AGREEMENT WITH RAMBOLL TO EXTEND THE TERM OF

THE AGREEMENT AND INCREASE THE ALLOCATION TO A NOT TO EXCEED AMOUNT OF $193,257.53 FOR ENVIRONMENTAL SERVICES RELATED TO THE SCOPE OF WORK OUTLINED IN THE DEPARTMENT OF TOXIC SUBSTANCE CONTROL – EQUITABLE

COMMUNITY REVITALIZATION GRANT (DTSC-ECRG) AT PROPERTY LOCATED AT AND AROUND 11600 LONG BEACH BOULEVARD BASED ON THE AWARD AND CONTRACT OF THE DTSC-ECRG GRANT; AND, ALLOCATE AN APPROPRIATION FROM THE 11600

LONG BEACH DTSC-ECRG ACCOUNT TO COVER COST OF SAID PROFESSIONAL SERVICE AGREEMENT.”
Background:

In 2014, the City of Lynwood achieved a settlement of a case brought by the City against the former owners and contaminators of 11600 Long Beach Boulevard (“Site”), where underground gasoline storage tanks associated with a former gas station and spills from a former dry cleaner operation leaked into the groundwater and soil in the area. The Site has been the subject of ongoing investigation and cleanup activities over two decades. The City City Council City Council Regular Meeting 185
received cash, real property, and other assets as part of the settlement.

To move the remediation process forward, sampling and testing was conducted and the preparation of a draft outline Remedial Action Plan ("RAP") for consideration by the California Regional Water Quality Control Board, Los Angeles Region, ("RWQCB") the lead regulatory agency overseeing cleanup was developed. The City allocated a portion of the settlement funds and approved a contract with Tetra Tech, Inc., an environmental consultant, to commence work on the necessary corrective actions with oversight from the RWQCB.

On November 6, 2018, the City entered into a Professional Service Agreement ("Agreement") with Ramboll, who retained key Tetra Tech Staff, to provide advisory services in anticipation of the furtherance the redevelopment of the site. On June 16, 2020, the City Council approved an extension to the Agreement (First Amendment); however, due to a number of issues including the COVID-19 pandemic, the project tasks were not fully completed by the expiration date. A Second Amendment entered into on August 17, 2021 was further delayed due to the ongoing COVID-19 pandemic, vandalism of partially installed testing equipment, and continued consultation with the RWQCB and the Department of Toxic Substances Control ("DTSC").

In the Spring of 2020, biweekly project meetings and discussions with the City, RWQCB, DTSC, City legal counsel, and Ramboll commenced. These standing meetings have continued to date and have led to an understanding and agreement in principle on a remediation plan, including an approach to test and develop a successful remediation cleanup of the site.

In November 2021 the Department of Toxic Substance Control - Equitable Community
Revitalization Grant
(DTSC-ECRG) program was announced. This program provided remediation funding to lower income communities that had projects of significant noteworthiness for the community. The City submitted an initial draft application in December 2021 and a formal application in April 2022. In June 2022, the City was notified that it was awarded $4,874,991 to clean up a portion of the future Northgate Market Development.

The bulk of the DTSC-ECRG grant allocated to the physical cleanup associated with the final plan to be approved by the Water Board and DTSC was processed by a Third Amendment approved by City Council on August 16, 2022 in the amount of $4,387,492. In addition, DTSC-ECRG grant allocation has been applied towards a RAP and actual cleanup activities on site.

As expected, the bulk of the DTSC-ECRG grant is allocated to the physical cleanup City Council City Council Regular Meeting 186
associated with the final plan approved by the Water Board and DTSC. Currently it is anticipated that $193,257.53, a contractual increase from $4,387,492 to $4,580,749.53, will be allocated to finalizing a RAP and actual cleanup activities on site, which includes budgeting for contingency, administration and management of the Grant.

With the award of the DTSC-ECRG grant, the City and Developer are ready to continue moving forward on this dynamic community project. Ramboll, and its senior advisor Leo Rebele, are prepared to commence activities required by the WB and DTSC-ECRG contract to accomplish the cleanup. Based on this recent award, Ramboll has requested a Fourth Amendment to the Agreement, which includes a budget presented in the DTSC-ECRG grant application and the needed revisions to the Scope of Work.

Discussion and Analysis:

In the absence of responsibility taken on by other parties, the City is desirous of undertaking certain actions on a voluntary basis to ensure the protection of human health, safety, and the environment stemming from the hazardous material released into the soil and groundwater.

Since the City’s involvement in the project Site, a variety of funding sources have been procured and administered by the City to advance of the completion of the development of a RAP and the environmental cleanup of the Site.

Regular meetings with the RWQCB and DTSC successfully provided opportunity to further discuss the items required in a remediation plan resulting in an approval by the RWQCB, who has been the oversight agency for this site and project for the past decade. The Scope of Work identified over the past several years of discussions with the RWQCB has allowed the City, Developer and environmental consultant to further define the scope and costs. The Scope and Costs were the basis for the application for the DTSC-ECRG application and award.

It is important to note that the City, through its efforts and award of the $4.875 DTSC-ECRG grant, will provide sufficient funds to cleanup what is referred to the non-source property. The Developer has committed that it will provide approximately $1.4 million in private cleanup funds for the source (Kim) property, which is a small parcel that once had a gas station and dry cleaner located on the site. The future market development requires the entire site that includes the non-source property as well as the source property. Collectively, the site is approximately 4.7 acres in size. The cleanup for the combined site is estimated between $6.2 to $6.6 million. We continue to anticipate sufficient funding to cleanup the site for the market development from the DTSC-ECRG Grant and the Developers contribution.

The proposed Scope of Work for this Fourth Amendment would allow for not only satisfaction of the RWQCB and DTSC objectives, but also the City’s hopes for a long-awaited market.

City Council City Council Regular Meeting 187
Ramboll Professional Service Agreement (11-16-2018).pdf Memo Lynwood - Ramboll LynwoodSprings DTSC-Contract Amendment B ((Staff Report Att. 3).pdf
11-5-24 Fourth Amendment DTSCECRG Grant Contract.docx
Resolution - Ramboll 4th Amendment.docx
Remediation and development of the market will contribute to expedite the redevelopment of these properties located within the Lynwood’s Transit Area Specific Plan district.

The City’s Contracting and Purchasing Policy allows three (3) amendments to the original contract. However an exception to this policy is allowed for emergency or urgent need of services to ensure the continuation of the City operations. An amendment to the existing contract, extending the term is needed to continue the time-sensitive remediation work. The additional funding will allow continued environmental remediation services by Ramboll and additional equipment to be installed at the site.

The City entered into a Development Agreement with Lynwood Springs LLC in July 2022 to redevelop the Site and several nearby properties. The redevelopment of site is being completed in a manner consistent with the Lynwood Transit Area Specific Plan as the remediation of the subject site is crucial to future development of Lynwood (LTASP) and properties with the LTASP in general.

Fiscal Impact:

There is no impact to the General Fund. The total contract cost would be paid through the $4.875 million awarded from the DTSC-ECRG grant. The grant will cover the administration and cleanup associated with the approved remediation plan for non-source properties associated at the 11600 Long Beach Boulevard future development.

Coordinated With:

City Manager's Office
City Attorney's Office
Department of Finance & Administration Services
ATTACHMENTS:

Description
City Council City Council Regular Meeting 188
Consulting Services Agreement -1-
Professional Service Agreement for
Environmental Consulting Services
This agreement (“Agreement”) is made as of November 6, 2018 by and between the City of Lynwood (City), a public body, corporate and politic, exercising governmental functions and powers, and Ramboll US Corporation ("Consultant"). City and Consultant are sometimes hereinafter individually referred to as a “Party” and collectively referred to as the “Parties.”

R E C I T A L S
WHEREAS, the City desires to utilize the services of Consultant as an independent contractor to provide consulting services to City as set forth in the attached Exhibit A; and

WHEREAS, Consultant represents that it is fully qualified to perform such consulting services by virtue of its experience and the training, education and expertise of its principals and employees; and

WHEREAS, the City is currently engaged in environmental remediation activities in the 11600 Long Beach Boulevard Site Area and there is a need for dedicated specialized services to keep current tasks and future developments on schedule; and

WHEREAS the City requires environmental consulting services, specifically in connection with the completion of a Remedial Ac tion Plan (RAP) to be submitted to the Department of Toxic Substances (DTSC) and additional tasks required by the Regional Water Quality Control Board; and

WHEREAS, the Consultant’s work is to be conducted
to serve as an extension of City of
Lynwood staff in order to address technical aspects of ongoing environmental issues and those that may arise pursuant to attached Scope of Work; and

NOW, THEREFORE, in consideration of performance by the parties of the covenants and conditions herein contained, the parties hereto agree as follows:

1. Consultant's Services.

A. Scope of Services. The nature and scope of the specific services to be performed by Consultant is to perform services as more particularly described in Exhibit A. Only the billing rates set forth in Exhibit A shall apply.

B. Time of Performance. Consultant shall complete consultant services for the City according to the schedule of performance which is also set forth in Exhibit A.

2. Term of Agreement. The Agreement shall be for a term commencing on June 1, 2018 (the “Commencement Date”) and terminating on December 1, 2019 (the “Termination Date”), unless sooner terminated pursuant to the provisions of this Agreement. In the event the Parties do not enter into a new agreement or amendment to this Agreement prior to the Termination Date 189
Consulting Services Agreement -2-
and there is monetary value left in the Contract, this Agreement shall continue on a month-to-month basis under the same terms for a period not to exceed three (3) months following the Termination Date with the sum invoiced during the three months following the Termination Date not to exceed the balance of the remaining not to exceed amount. If the Parties execute no new agreement by the end of the three-month period following the Termination Date, this Agreement shall terminate at the end of such three-month period.

3. Compensation. City agrees to compensate Consultant for services under this Agreement in the agreed amount in compliance with the schedule set forth in Exhibit A. Payments will be made only after submission of proper monthly invoices in the form and manner specified by City.

Each invoice shall include a breakdown of all monthly services performed together with the hours spent on each service. City shall endeavor to pay invoices bearing correct and authorized charges within thirty (30) days of the date they are received; however, Consultant acknowledges and agrees that due to City warrant run procedures, the City cannot guarantee that payment will occur within this time period. Except as hereinafter described, City shall not be responsible to Consultant for any additional charges, interest or penalties due to a failure to pay within such period.

A. Total payment to Consultant pursuant to this Agreement shall be billed on a time and material basis at an hourly fee shown on Exhibit A and not exceed One Hundred Fifty-five Thousand and Eight Hundred Sixty-six Dollars ($155,866), which shall be payable as set forth in this Section 3 et al. CONSULTANT IS RESPONSIBLE FOR ENSURING CONSULTANT DOES NOT EXCEED THE CONTRACTED AMOUNT. The City shall not be responsible for compensation to Consultant beyond the not to exceed amount stated herein without prior written authorization.

B. Consultant shall only be reimbursed for those expenses which: (i) appear on Consultant’s monthly invoices; (ii) are accompanied by a copy of the City’s written authorization for Consultant to incur such expenses; and (iii) detailed invoices and receipts documenting such expenses.

4. General Terms and Conditions. The General Terms and Conditions set forth in Exhibit B are incorporated as part of this Agreement. In the event of any inconsistency between the General Terms and Conditions and any other exhibit to this Agreement, the General Terms and Conditions shall control unless it is clear from the context that both parties intend the provisions of the other exhibit(s) to control.

5. Addresses.

City

City of Lynwood
11330 Bullis Road
Lynwood, CA 90262
Attn: City Manager
190
Consulting Services Agreement -3-
Consultant

Ramboll US Corporation
5 Park Plaza, Suite 500
Irvine, CA 92614
Attn: Leo Rebele

6. Exhibits. All exhibits referred to in this Agreement are listed here and are incorporated and made part of this Agreement by this reference.

Exhibit A – Scope of Services, Time of Performance and
Fee Schedule (6 pages)
Exhibit B – General Terms and Conditions (pages 1 – 7)

SIGNATURES ON FOLLOWING PAGE
191
Consulting Services Agreement -4-
IN WITNESS WHEREOF, the parties have executed this Agreement as of the dates written below.

CITY

CITY OF LYNWOOD

By:

Jose Ometeotl, City Manager Date

CONSULTANT

By: 12/18/18
Leo Rebele or Designated Signatory Date

ATTEST:

By:

Maria Quinonez, City Clerk Date

APPROVED AS TO FORM:

By:

City Attorney Date
192
Consulting Services Agreement -1- Exhibit A

EXHIBIT A

SCOPE OF SERVICES, TIME OF

PERFORMANCE AND FEE SCHEDULE
193
Consulting Services Agreement -1- Exhibit B

EXHIBIT B

PROFESSIONAL CONSULTING SERVICES AGREEMENT BETWEEN

RAMBOLL AND CITY OF LYNWOOD GENERAL TERMS AND CONDITIONS

1. Status as Independent Contractor.

A. Consultant is, and shall at all times remain as to City, a wholly independent contractor. Consultant shall have no power to incur any debt, obligation, or liability on behalf of City or otherwise act on behalf City of as an agent. Neither City nor any of its agents shall have control over the conduct of Consultant or any of Consultant's employees, except as set forth in this Agreement. Consultant shall not, at any time, or in any manner, represent that it or any of its agents or employees are in any manner agents or employees of City.

B. Consultant agrees to pay all required taxes on amounts paid to Consultant under this Agreement, and to indemnify and hold City harmless from any and all taxes, assessments, penalties, and interest asserted against City by reason of the independent contractor relationship created by this Agreement. In the event that City is audited by any Federal or State agency regarding the independent contractor status of Consultant and the audit in any way fails to sustain the validity of a wholly independent contractor relationship between City and Consultant, then Consultant agrees to reimburse City for all costs, including accounting and attorney's fees, arising out of such audit and any appeals relating thereto.

C. Consultant shall fully comply with the workers' compensation law regarding Consultant and Consultant's employees. Consultant further agrees to indemnify and hold City harmless from any failure of Consultant to comply with applicable worker's compensation laws.

City shall have the right to offset against the amount of any fees due to Consultant under this Agreement any amount due to City from Consultant as a result of Consultant's failure to promptly pay to City any reimbursement or indemnification arising under this Section 1.

D. Nothing contained in this Agreement shall be construed or interpreted as requiring Consultant to assume the status of an owner, operator, generator, arranger, or transporter of hazardous substances under any federal or state statute governing the disposal, transportation, storage or treatment of hazardous substances or wastes. Consultant shall not directly or indirectly assume title to such hazardous or toxic substances.

2. Standard of Performance.

A. Consultant shall perform all work to the professional standards recognized throughout the industry for the type of work the Consultant is performing in a manner reasonably satisfactory to the City Manager or his/her designee. The City Manager or his/her designee may from time to time assign additional or different tasks or services to Consultant, provided such tasks are within the scope of services described in Exhibit A. However, no additional or different tasks or services shall be performed by Consultant other than those specified in Exhibit A, or those so assigned in writing to Consultant by the City Manager or his/her designee.
194
Consulting Services Agreement -2- Exhibit B
B. The Project Manager shall, until further notice to Consultant, administer this Agreement and provide for immediate supervision of Consultant with respect to the services to be provided hereunder.

3. Indemnification and Limitations of Liability.

A. Consultant is skilled in the professional calling necessary to perform the services and duties agreed to be performed under this Agreement, and City is relying upon the skill and knowledge of Consultant to perform said services and duties.

B. City and its respective elected and appointed boards, officials, officers, agents, employees and volunteers (individually and collectively, "Indemnitees") shall have no liability to Consultant or any other person for, and Consultant shall indemnify, defend, protect and hold harmless Indemnitees from and against, any and all liabilities, claims, actions, causes of action, proceedings, suits, damages, judgments, liens, levies, costs and expenses of whatever nature, including reasonable attorneys' fees and disbursements (collectively "Claims"), which Indemnitees may suffer or incur or to which Indemnitees may become subject to the extent arising out of any injury to or death of any person(s), damage to property, or other loss occurring as a result of or allegedly caused by the Consultant’s performance of or failure to perform any services under this Agreement or by the willful acts or omissions of Consultant, its agents, officers, directors, subcontractors, subconsultants or employees, committed in performing any of the services under this Agreement. Notwithstanding the foregoing, the provisions of this subsection shall not apply to Claims occurring as a result of the City’s sole negligence or willful acts or omissions.

C. Consultant agrees to obtain executed indemnity agreements with provisions identical to those set forth in this Section from each and every subcontractor, subconsultant or any other person or entity involved by, for, with or on behalf of Consultant in the performance of this Agreement. In the event Consultant fails to obtain such indemnity obligations from others as required in this Section, Consultant agrees to be fully responsible according to the terms of this Section. Failure of the City to monitor compliance with these requirements imposes no additional obligations on City and will in no way act as a waiver of any rights hereunder. This obligation to indemnify and defend Indemnitees as set forth herein shall survive the termination of this Agreement. 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.

D. Consultant represents and warrant s that Consultant has neither created nor contributed to the creation or existence of any hazardous or toxic material, or any other type of environmental hazard, contamination or pollution whether latent or patent, or to the release thereof or the violation of any law or regulation relating thereto, at the site prior to the date on which the performance of the services is commenced hereunder (collectively “Preexisting Conditions”). Accordingly, the City shall hold Consultant, its subsidiaries and af filiates and any of their directors, officers, agent, representatives and employees free form harm against all claims, demands, losses, penalties, fines and causes of action of every kind and character

195
Consulting Services Agreement -3- Exhibit B
(including reasonable attorney fees and court costs) arising from or relating to Preexisting Conditions. The City shall not be required to indemnify Consultant pursuant to this sectionfor any claim, demand, loss, penalty, fine or cause of action to the extent it results from Consultant’s negligence or willful misconduct from the services performed under this Agreement by Consultant or its employees, agents or subcontractors. Consultant shall have the right, at its sole expense, to join in the defense of any action in which it is made a defendant.

4. Insurance.

A. Without limiting Consultant’s indemnification of Indemnitees pursuant to Section 3 of this Agreement, Consultant shall obtain and provide and maintain at its own expense during the term of this Agreement the types and amounts of insurance as described below:

(i) Commercial General Liability Insurance using Insurance Services Office Commercial General Liability form CG 00 01 or the exact equivalent. Defense costs must be paid in addition to limits. There shall be no cross-liability exclusion for claims or suits by one insured against another. Limits shall be no less than $1,000,000 per occurrence for all covered losses and no less than $2,000,000 general aggregate.

(ii) Business Auto Coverage on ISO Business Auto Coverage form CA 00 01 including symbol 1 (Any Auto) or the exact equivalent. Limits shall be no less than $1,000,000 per accident, combined single limit. If consultant owns no vehicles, this requirement may be satisfied by a non-owned auto endorsement to the general liability policy described in the preceding subsection. If Consultant or Consultant’s employees will use personal autos in any way on this project, Consultant shall provide evidence of personal auto liability coverage for each such person.

(iii) Workers’ Compensation insurance on a state approved policy form providing statutory benefits as required by law with employer’s liability limits no less than $1,000,000 per accident for all covered losses.;

(iv) Professional Liability or Errors and Omissions Insurance as appropriate to the profession, written on a policy form coverage specifically designed to protect against acts, errors or omissions of the consultant and “Covered Professional Services” as designated in the policy must specifically include work performed under this Agreement. The policy limit shall be not less than $1,000,000 per claim and in the aggregate. The policy must “pay on behalf of” the insured and must include a provision establishing the insurer’s duty to defend. The policy retroactive date shal l be on or before the effective date of this Agreement.

B. City, its officers, officials, employees and volunteers shall be named as additional insureds on the policy(ies) as to commercial general liability and automotive liability.

C. All insurance procured pursuant to these requirements shall be written by insurers that are admitted carriers in the state of California with a Best’s rating of no less than A:VII. All insurance policies shall provide that the insurance coverage shall not be non- renewed, canceled, reduced, or otherwise modified (except through the addition of additional 196
Consulting Services Agreement -4- Exhibit B
insureds to the policy) by the insurance carrier without the insurance carrier giving City thirty (30) days' prior written notice thereof. Any such thirty (30) day notice shall be submitted to CITY via certified mail, return receipt requested, addressed to “Risk Manager,” City of Lynwood, 11330 Bullis Road, Lynwood, California, 90262. Consultant agrees that it will not cancel, reduce or otherwise modify said insurance coverage.

D. Consultant shall submit to City (i) insurance certificates indicating compliance with the minimum worker's compensation insurance requirements above, and (ii) insurance policy endorsements indicating compliance with all other minimum insurance requirements above, not less than one (1) day prior to beginning of performance under this Agreement.

Endorsements shall be executed on City’s appropriate standard forms entitled "Additional Insured Endorsement".

E. The Consultant’s insurance shall be primary as respects the City, its officers, officials, employees and volunteers. Any insurance or self-insurance maintained by the City, its officers, officials, employees and volunteers shall be excess of the Consultant’s insurance

and shall not contribute with it.

F. Consultant agrees that if it does not keep the aforesaid insurance in full force and effect, and such insurance is available at a reasonable cost, City may take out the necessary insurance and pay the premium thereon, and the repayment ther eof shall be deemed an obligation of Consultant and the cost of such insurance may be deducted, at the option of City, from payments due Consultant.

5. Confidentiality. Consultant in the course of its duties may have access to confidential data of City, private individuals, or employees of the City. Consultant covenants that all data, documents, discussion, or other information developed or received by Consultant or provided for performance of this Agreement are deemed confidential and shall not be disclosed by Consultant without written authorization by City, provided that Consultant is permitted to disclose such confidential information to its employees and representatives who need to know in connection with the provision of the services hereunder. All City data shall be returned to City upon the termination of this Agreement. The following types of information shall not be required to be kept as confidential hereunder: (1) information which becomes part of the public domain through no fault or negligence of Consultant, (2) information which Consultant is legally compelled to disclose provided that, except to the extent prohibited by law, it notifies City prior to doing so, (3) information which Consultant receives from a third party, provided such third party is not in breach of any obligations by disclosing such information to Consultant and (4) information which was in Consultant's possession prior to the information being provided to Consultant by City.

Consultant's covenant under this section shall survive the termination of this Agreement.

6. Ownership of Work Product. All reports, documents or other written material developed by Consultant in the performance of this Agreement shall be and remain the property of City without restriction or limitation upon its use or dissemination by City. Such material shall not be the subject of a copyright application by Consultant. 197
Consulting Services Agreement -5- Exhibit B

7. Conflict of Interest.

A. Consultant covenants that it presently has no interest and shall not acquire any interest, director or indirect, which may be affected by the services to be performed by Consultant under this Agreement, or which would conflict in any manner with the performance of its services hereunder. Consultant further covenants that, in performance of this Agreement, no person having any such interest shall be employed by it. Furthermore, Consultant shall avoid the appearance of having any interest which would conflict in any manner with the performance of its services pursuant to this Agreement.

B. Consultant covenants not to give or receive any compensation, monetary or otherwise, to or from the ultimate vendor(s) of services to City as a result of the performance of this Agreement, or the services that may be procured by the City as a r esult of the recommendations made by Consultant. Consultant's covenant under this section shall survive the termination of this Agreement.

8. Termination. Should Consultant fail to perform any of the obligations required of Consultant within the time and in the manner provided for under this Agreement within seven (7) days after receipt from City of a notice of such default, or should Consultant violate any of the terms and conditions of the Agreement, or for any or no reason, City may terminate this Agreement for any reason with or without cause, upon seven (7) days' notice to Consultant.

The effective date of termination shall be upon the date specified in the notice of termination.

Consultant agrees that in the event of such termination, City’s obli gation to pay Consultant shall be limited to payment only for those services satisfactorily rendered prior to the effective date of termination.

Immediately upon receiving written notice of termination, Consultant shall discontinue performing services, preserve the product of the services, and turn over to City the product of the services in accordance with instruction of City.

9. Personnel. Consultant represents that it has, or will secure at its own expense, all personnel required to perform the services under this Agreement. All of the services required under this Agreement will be performed by Consultant or under its supervision, and all personnel engaged in the work shall be qualified to perform such services. Consultant reserves the right to determine the assignment of its own employees to the performance of Consultant's services under this Agreement, but City reserves the right, for good cause, to require Consultant to exclude any employee from performing services on City's premises.

10. Financial Condition. Prior to entering into this Agreement, Consultant has submitted documentation acceptable to the City Manager, establishing that it is financially solvent, such that it can reasonably be expected to perform the services required by this Agreement. Within thirty (30) days of the first anniversary of the effective date of this Agreement, and each year thereafter throughout the term of this Agreement, Consultant shall submit such financial information as may be appropriate to establish to the satisfaction of the City Manager that Consultant is in at least as sound a financial position as was the case prior to entering into this Agreement. Financial information submitted to the City Manager shall be returned to Consultant after review and shall not be retained by City. 198
Consulting Services Agreement -6- Exhibit B

11. Non-Discrimination and Equal Employment Opportunity.

A. Consultant shall not discriminate as to race, color, creed, religion, sex, marital status, national origin, ancestry, age, physical or mental handicap, medical condition, or sexual orientation, in the performance of its services and duties pursuant to this Agreement, and will comply with all rules and regulations of City relating thereto. Such nondiscrimination shall include but not be limited to the followin g: employment, upgrading, demotion, transfers, recruitment or recruitment advertising; layoff or termination; rates of pay or other forms of compensation; and selection for training, including apprenticeship.

B. Consultant will, in all solicitations or adver tisements for employees placed by or on behalf of Consultant state either that it is an equal opportunity employer or that all qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, marital status, national origin, ancestry, age, physical or mental handicap, medical condition, or sexual orientation.

C. Consultant will cause the foregoing provisions to be inserted in all subcontracts for any work covered by this Agreement except contracts or subcontracts for standard commercial supplies or raw materials.

12. Assignment. Consultant shall not assign or transfer any interest in this Agreement nor the performance of any of Consultant's obligations hereunder, without the prior written consent of City, and any attempt by Consultant to so assign this Agreement or any rights, duties, or obligations arising hereunder shall be void and of no effect.

13. Performance Evaluation. For any Agreement in effect for twelve months or longer, a written annual administrative performance evaluation shall be required within ninety (90) days of the first anniversary of the effective date of this Agreement, and each year thereafter throughout the term of this Agreement. The work product required by this Agreement shall be utilized as the basis for review, and any comments or complaints received by City during the review period, either orally or in writing, shall be considered. City shall meet w ith Consultant prior to preparing the written report. If any noncompliance with the Agreement is found, City may direct Consultant to correct the inadequacies, or, in the alternative, may terminate this Agreement as provided herein.

14. Compliance with Laws. Consultant shall keep itself informed of State, Federal and Local laws, ordinances, codes and regulations which in any manner affect those employed by it or in any way affect the performance of its service pursuant to this Agreement. The Consultant shall at all times comply with such laws, ordinances, codes and regulations. The City, its officers and employees shall not be liable at law or in equity occasioned by failure of Consultant to comply with this Section.

15. Licenses. At all times during the term of this Agreement, Consultant shall have in full force and effect all licenses (including a City business license) required of it by law for performance of the services hereunder.
199
Consulting Services Agreement -7- Exhibit B

16. Non-Waiver of Terms, Rights and Remedies. Waiver by either party of any one or more of the conditions of performance under this Agreement shall not be a waiver of any other condition of performance under this Agreement. In no event shall the making by City of any payment to Consultant constitute or be construed as a waiver by City of any breach of covenant, or any default which may then exist on the part of Consultant, and the making of any such payment by City shall in no way impair or prejudice any right or remedy available to City with regard to such breach or default.

17. Attorney's Fees. In the event that either party to this Agreement shall commence any legal or equitable action or proceeding to enforce or interpret the provisions of this Agreement, the prevailing party in such action or proceeding shall be entitled to recover its costs of suit, including reasonable attorney's fees and costs, including costs of expert witnesses and consultants.

18. Notices. Any notices, bills, invoices, or reports required by this Agreement shall be deemed received on (a) the day of delivery if delivered by hand during Consultant's regular business hours or by facsimile before or during Consultant's regular business hours; or (b) on the third business day following deposit in the United States mail, postage prepaid, to the addresses heretofore set forth in the Agreement, or to such other addresses as the parties may, from time to time, designate in writing pursuant to the provisions of this section.

19. Governing Law. This Agreement shall be interpreted, construed and enforced in accordance with the laws of the State of California.

20. Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed to be the original, and all of which together shall constitute one and the same instrument.

21. Severability. If any provision or any part of any provision of this Agreement is found to be invalid or unenforceable, the balance of this Agreement shall remain in full force and effect.

22. Entire Agreement. This Agreement, and any other documents incorporated herein by specific reference, represents the entire and integrated agreement between Consultant and City.

This Agreement supersedes all prior oral or written negotiations, representations or agreements.

This Agreement may not be amended, nor any provision or breach hereof waived, except in a writing signed by the Parties which expressly refers to this Agreement. Amendments on behalf of the City will only be valid if signed by the Chairperson and attested by the Secretary.

23. Authority. The person or persons executing this Agreement on behalf of Consultant warrants and represents that he/she has the authority to execute this Agreement on behalf of the Consultant and has the authority to bind Consultant to the performance of its obligations hereunder.
200
memo
Pursuant to our conversation and recent emails, I would like to thank you for assisting us in moving forward with the utilization of grant funds to complete remediation efforts with the Round 1 DTSC- ECRG Grant funds for the Lynwood Springs/ Northgate Site.

L
ynwood Springs DTSC-ECRG project Background
The Lynwood Springs remediation efforts utilizing the Round 1 DTSC -ECRG grant funds are winding down and Triangle DTSC-ECRG Grant round 2 is kicking into high gear. • The original Lynwood Springs Grant was approved on June 6, 2022, for $4,874, 991; • Ramboll remediation grant contract approved by the City on September 1, 2022, for $4,
387,492; and,
• Remediation funds remaining for Lynwood Springs DTSC-ECRG grant shows that there is a total of $193,257.53 remaining for remediation services.

R
equest to City and Finance Committee
After a month of reconciliation discussions between DTSC-ECRG and TWA of amounts invoiced and paid, the parties have concurred that there is a remaining amount of $193,257.53 available for continued remediation services by Ramboll and the equipment installed on the Lynwood Northgate site. After the DTSC-ECRG Grant is exhausted, the Developer will have a few remaining tasks to perform after grant closed out. Those efforts will primarily consist of well protection program, well box installation, injection completion report, piping completions and well completion hookups, delivery and connecting SVE system and of ongoing well monitoring for the Water Board.

TW
A requests that the City amend and increase the Ramboll contract, for the Lynwood Northgate site from $4,387,492 by $193,257.53 to $4,580,749.53.

W
e respectfully request an urgent review and approval in order to not stop remediation efforts. Could this request be approved by the finance committee?
Tierra West Advisors, Inc.

To: Gabriel Linares, PE, CDD
Suzanne Trejo, Analyst
From: John Yonai, Tierra West
Lauren Yonai, Tierra West
CC:

Date:

Julian Lee, Interim City Manager
Harry Wong, Finance Director
October 7, 2024
Re: DTSC-ECRG Grant – Round 1
Ramboll Contract Amendment – Lynwood Springs/Northgate
201

FOURTH AMENDMENT TO THE PROFESSIONAL SERVICE AGREEMENT
BETWEEN THE CITY OF LYNWOOD AND RAMBOLL, U.S. CORPORATION This fourth amendment (“Fourth Amendment”) is made as of November 5, 2024, for the purpose of amending the existing agreement dated November 6, 2018, by and between the CITY OF LYNWOOD (“City”), a municipal corporation, and RAMBOLL, U.S.

CORPORATION (“Consultant”). City and Consultant are sometimes hereinafter individually referred to as a “Party” and collectively referred to as the “Parties.

RECITALS
WHEREAS, on November 6, 2018, the Parties entered into a Professional Service Agreement (“Agreement”) authorizing the Consultant to provide environmental consulting services to the City, including but not limited to, the completion of a Remedial Action Plan (“RAP”) and groundwater monitoring at the site of 11600 Long Beach Boulevard; and WHEREAS, on June 16, 2020, the City Council approved a First Amendment to the Agreement, which provided the first-time extension; and WHEREAS, on August 17, 2021, the City Council approved a Second Amendment to the Agreement, which provided both a time extension and continuation of environmental advisory services to the City; and
WHEREAS, on August 16, 2022, the City Council approved a Third Amendment applied towards the bulk of the DTSC-ECRG grant’s allocation towards a RAP and actual cleanup activities on the site.

WHEREAS, the Parties are desirous of a Fourth Amendment to the Agreement to provide Consultant with direction and budget to implement the terms and scope of work approved under the DTSC-ECRG Grant funding contract allocated to the non-source properties.

NOW, THEREFORE, the Parties hereto do hereby agree as follows:

SECTION 1. Section 2 of the original Agreement entered into on November 6, 2018, shall be amended to read:

Term of Agreement. This Agreement shall commence on June 22, 2024, (the “Commencement Date”) and terminate on June 21, 2025 (the “Termination Date”), unless sooner terminated pursuant to the provisions of this Agreement. In the event the Parties do not enter into a new agreement or amendment to this Agreement prior to the Termination Date and there is monetary value left in the Contract, this Agreement shall continue on a month-to-month basis under the same terms for a period not to exceed six (6) months following the Termination.

Date with the sum invoiced during the six months following the Termination Date not to exceed the balance of the remaining not to exceed amount. If the Parties execute no new agreement by the end of the six-month period following the Termination Date, this Agreement shall terminate at the end of such six-month period.
202
SECTION 2. Section 3A of the original Agreement entered into on November 6, 2018, shall be amended to read:

Total payment to Consultant pursuant to this Agreement shall be billed on a time and material basis for amounts shown in Exhibit A and not exceed One Hundred Ninty-Three Thousand Two Hundred Fifty-Seven Dollars and Fifty-Three Cents ($193,257.53), which shall be payable as set forth in this Section 2 and requirements detailed in the terms of the DTSC-ECRG Grant Contract, Exhibit B.

CONSULTANT IS RESPONSIBLE FOR ENSURING CONSULTANT DOES NOT

EXCEED THE CONTRACTED AMOUNT AND IS REQUIRED TO FOLLOW THE CITY CONTRACT TERMS ENTERED INTO WITH DTSC-ECRG. The City shall not be responsible for compensation to Consultant beyond the not to exceed amount stated herein without prior written authorization.

SECTION 3. All other terms, conditions, and provisions of the Agreement entered into on November 6, 2018, not in conflict with this Addendum, shall remain in full force and effect.

SECTION 4. The City Clerk shall certify to the adoption of this Amendment and hereafter the same shall be in full force and effect.

IN WITNESS WHEREOF, the Parties have executed this Fourth Amendment as of November 5, 2024.

CITY OF LYNWOOD
By: ______________________________ _________________________ Jose Luis Solache, Mayor Date
RAMBOLL, U.S. CORPORATION
By: ______________________________ _________________________ Leo Rebele, Date
ATTEST:

By: _________________________
Maria Quinonez, City Clerk
APPROVED AS TO FORM:

By: ______________________
Noel Tapia, City Attorney
203
RESOLUTION NO.

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

COUNTY OF LOS ANGELES, STATE OF CALIFORNIA AUTHORIZING

THE FOURTH AMENDMENT TO A PROFESSIONAL SERVICE

AGREEMENT WITH RAMBOLL TO EXTEND THE TERM OF THE

AGREEMENT AND INCREASE THE ALLOCATION TO A NOT TO
EXCEED AMOUNT OF $193,257.53 FOR ENVIRONMENTAL SERVICES

RELATED TO THE SCOPE OF WORK OUTLINED IN THE
DEPARTMENT OF TOXIC SUBSTANCE CONTROL – EQUITABLE

COMMUNITY REVITALIZATION GRANT (DTSC-ECRG) AT PROPERTY
LOCATED AT AND AROUND 11600 LONG BEACH BOULEVARD

BASED ON THE AWARD AND CONTRACT OF THE DTSC-ECRG
GRANT; AND, ALLOCATE AN APPROPRIATION FROM THE 11600

LONG BEACH DTSC-ECRG ACCOUNT TO COVER COST OF SAID

PROFESSIONAL SERVICE AGREEMENT
WHEREAS, the City of Lynwood (“City”) has been notified by the Regional Water Quality Control Board, Los Angeles Region (“RWQCB”), that corrective action must be taken by responsible parties to ensure protection of human health, safety, and the environment due to unauthorized releases of hazardous material into the groundwater and soil in the vicinity of 11600 Long Beach Boulevard (“Site”); and
WHEREAS, in 2014, the City reached a settlement with responsible parties and the property owner of 11600 Long Beach Boulevard for purposes of addressing the contamination and acquired funds from said settlement necessary to undertake some of the costs of remediation required and City has expended the fund; and WHEREAS, on November 6, 2018 the City approved a Professional Services Agreements (“Agreement”) with Ramboll (“Consultant”) to provide environmental remediation services to the City including but not limited to advisory services, the design of pilot soil vapor extraction (SVE) system, which is necessary to determine the efficacy of an SVE system for remediation and will inform the Interim Remedial Action Plan (IRAP); and
WHEREAS, the total amount of the for these Agreements were allocated from the 11600 Long Beach Boulevard Settlement account; and
WHEREAS, on June 16, 2020, the City Council approved a First Amendment to the Agreement, which provided the first time extension; and WHEREAS, due to a number of issues including vandalism, insurance reimbursement for the damaged equipment, the project tasks were not completed by the expiration date; and
204
WHEREAS, on August 17, 2021 a Second Amendment was approved and ongoing environmental research and site review continued while the Consultant worked through a number of impediments as related to the permitting and startup activities of the system and the ongoing COVID-19 pandemic; and
WHEREAS, the City in its efforts to remediate the site for future development initiated bi-weekly meetings with the RWQCB, DTSC, and Consultant commencing in Spring of 2020; and
WHEREAS, in March 2022, the City, RWQCB, DTSC and Consultant developed and achieved conceptual agreement and direction on an outline for an interim remedial action plan for the non-source portion of the overall development site; and WHEREAS, in June, 2022 the City was awarded a Department of Toxic Substance Control – Equitable Community Revitalization Grant (DTSC-ECRG) in the amount of $4,874,991 to remediate the development site for the proposed market; and WHEREAS, the DTSC-ECRG grant has a twenty-four month expenditure and completion schedule which commenced in June 2022;
WHEREAS, on August 16, 2022 a Third Amendment was approved by the City Council in the amount of $4,387,492 and applied towards the bulk of the DTSC-ECRG grant allocated to the physical cleanup associated with the final plan approved by the Water Board and DTSC. In addition, DTSC-ECRG grant allocation has been applied towards a RAP and actual cleanup activities on the site.

WHEREAS, the City is required to act immediately and move forward, based on the DTSC-ECRG funding source to enter into a Fourth Amendment to the Agreement; and
WHEREAS, the City desires to get back on track with the remediation activities; and
WHEREAS, the Scope of Work described by the City in its DTSC-ECRG Grant includes services that Ramboll will perform, under the DTSC-ECRG contract grant requirements, on behalf of the City as the grant awardee which includes the cleanup portion of the awarded grant amount in the amount of approximately $4,387,991; and WHEREAS, Ramboll will follow the requirements of the DTSC-ECRG contract entered into by the City for the grant; and
WHEREAS, in an effort to continue with the completion of the cleanup, development of the Site and to proceed with the tasks outlined in the Agreement’s Scope of Work, it is critical for the continuance of the remediation at the Site and the furtherance of development activities.
205

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

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

Section 2. The City Council of the City of Lynwood hereby authorizes the appropriation of $193,257.53 of the $4,874,991 from the DTSC-ECRG Grant for 11600 Long Beach Boulevard for environmental remediation services as approved by and under the terms of the DTSC-ECRG Grant award to the City.

Section 3. The City Council of the City of Lynwood hereby authorizes the City Manager, or his designee, to take necessary steps, including the execution of the Fourth Amendment to the Agreement and other related documents with the Consultant to undertake the implementation of all related services under the Agreement’s Scope of Work.

Section 4. The City Council of the City of Lynwood authorizes, in a form approved by the City Attorney, a Fourth Amendment to the Agreement with Ramboll for a not to exceed amount of $193,257.53, a contractual increase from $4,387,492 to $4,580,749.53, for the period of June 22, 2024 to June 21, 2025, unless brought back to Council for an amendment and or extension.

Section 5. The Fiscal Year 2024-25 Budget will be amended by appropriating funds from the appropriate DTSC-ECRG Fund for the Site.

Section 6. This Resolution shall become effective immediately upon its adoption.

Section 7. The City Clerk shall certify to the adoption of this resolution and hereafter the same shall be in full force and effect.
206
PASSED, APPROVED and ADOPTED this 5th day of November 2024. ________________________________
Jose Luis Solache, Mayor
ATTEST:
_______________________________
Maria Quinonez, City Clerk

APPROVED AS TO FORM APPROVED AS TO CONTENT
_______________________________ ________________________________ Noel Tapia, City Attorney Julian Lee, Interim City Manager 207

STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, do hereby certify that the foregoing Resolution was passed and adopted by the City Council of the City of Lynwood at a regular meeting held on the 5th day of November 2024, and passed by the following votes:

AYES:

NOES:

ABSTAIN:

ABSENT:
________________________
Maria Quinonez, City Clerk

STATE OF CALIFORNIA )
)

COUNTY OF LOS ANGELES )
I, the undersigned, City Clerk of the City of Lynwood, and the Clerk of the City Council of said City, do hereby certify that the above foregoing is a full, true and correct copy of Resolution No. ____________ on file in my office and that said Resolution was adopted on the date and by the vote therein stated. Dated this 5th day of November 2024.
________________________
Maria Quinonez, City Clerk
208

1. CALL TO ORDER

2. CERTIFICATION OF AGENDA POSTING BY SECRETARY

3. ROLL CALL OF MEMBERS
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 of Lynwood as Successor Agency to the Lynwood Redevelopment Agency

TO BE HELD ON
November
5, 2024
COUNCIL CHAMBERS - 11350 BULLIS ROAD. LYNWOOD, CA 90262 Duly Posted on 10/31/24 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

PUBLIC ORAL COMMUNICATIONS

(Regarding Agenda Items Only)

City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency 1

4. CONSENT CALENDAR

4.1 TREASURER'S QUARTERLY INVESTMENT REPORT

NON-AGENDA PUBLIC ORAL COMMUNICATIONS

THIS PORTION PROVIDES AN OPPORTUNITY FOR THE PUBLIC TO ADDRESS THE

LYNWOOD SUCCESSOR AGENCY ON ITEMS WITHIN THE JURISDICTION OF THE LYNWOOD SUCCESSOR AGENCY AND NOT LISTED ON THE AGENDA. IF AN ITEM IS

NOT ON THE AGENDA, THERE SHOULD BE NO SUBSTANTIAL DISCUSSION OF THE

ISSUE BY LYNWOOD SUCCESSOR AGENCY, BUT LYNWOOD SUCCESSOR AGENCY

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

ALL MATTERS LISTED UNDER THE CONSENT CALENDAR WILL BE ACTED UPON BY ONE MOTION AFFIRMING THE ACTION RECOMMENDED ON THE AGENDA. THERE

WILL BE NO SEPARATE DISCUSSION ON THESE ITEMS PRIOR TO VOTING UNLESS

MEMBERS OF THE COUNCIL OR STAFF REQUEST SPECIFIC ITEMS TO BE REMOVED FROM THE CONSENT CALENDAR FOR SEPARATE ACTION.

Comments:

The purpose of this item is to have the Honorable Mayor and the Lynwood City Council review the Treasurer's Quarterly Investment Report as required by State Statutes (CT).

Recommendation:

It is recommended that the City Council for the City of Lynwood Receive and File the attached Quarterly Investment Report highlighting the investment activities for the 1st quarter ending September 30, 2024.

ADJOURNMENT

CITY OF LYNWOOD AS SUCCESSOR AGENCY TO THE LYNWOOD REDEVELOPMENT AGENCY MEETINGS WILL BE POSTED AS NEEDED. THE NEXT MEETING WILL BE HELD IN THE COUNCIL CHAMBERS OF CITY HALL ANNEX, 11350 BULLIS ROAD, CITY OF LYNWOOD, CALIFORNIA.

City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency 2

AGENDA STAFF REPORT

DATE:

November
5, 2024
TO:

Honorable Mayor and Members of Lynwood City Council, as Successor to Lynwood Redevelopment Board
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 # 4.1.

Recommendation:

It is recommended that the City Council for the City of Lynwood Receive and File the attached Quarterly Investment Report highlighting the investment activities for the 1st quarter ending September 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:

Lynwood Successor Agency City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency 3 This quarterly report provides the City Council with updates of the City's financial status. As of September 30, 2024, the actual revenues collected in the general account were $45,679,761.

The revenues reported for the same period last year was $43,679,761. This represents a 4% increase in revenues received. The actual expenditures expended in the general account for this period were $60,565,156. The expenditures reported for the same period last year was $49,483,045. This represents a 22% increase in expenditures reported.

It is the City's practice to buy and hold investments until maturity so changes in the market price do not affect the City's investment principal. 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.

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 $10,474,274 and earned $310,939 in interest. 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 debt 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 $840.00; Water Billing $600 and Recreation $40.

The total received from Urban Farming for the quarter is $84,547.48.

The market valuation is provided by Meeder Public Funds and all of the investments are in compliance with the California Government Code Sections 53600 et seq and the City's Investment Policy.

Lynwood Successor Agency City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency 4 Summary Report - Sept 2024
Meeder Investment Report - July 2024
Meeder Investment Report - August 2024
Meeder Investment Report - Sept 2024
Meeder Economist Report - Sept 2024
The market valuation is provided by Meeder Public Fund and all of the investments are in compliance with California Government Code Sections 53600 et seq. The investments held by Meeder earned a total of $184,894 for this quarter and a total of $361,371 for the fiscal year beginning July 1, 2024.

The public's monies are safe, 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:

There is no direct fiscal impact associated with this report.

Coordinated With:

Meeder Public Funds
ATTACHMENTS:

Description
Lynwood Successor Agency City of Lynwood as Successor Agency to the Lynwood Redevelopment Agency 5

AVERAGE
MARKET PERCENTAGE (%) DAYS TO

DESCRIPTION VALUE PORTFOLIO MATURITY
INVESTMENTS* 63,893,511.41 $ 100% *
MONEY MARKET/CUSTODY HOLDINGS 9,607,887.43 $
DEMAND DEPOSIT ACCOUNTS 18,124,117.87 $

TOTAL AVERAGES 27,732,005.30 $
TOTAL INVESTMENTS & AVERAGES* 91,625,516.71 $
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
September 30, 2024

MASTER SUMMARY
September 2024 6
Quarter Ending Interest
Issuer Investment Balance Interest Rate
State of California LAIF 10,474,274.13 $ 393,173.76 15-Jul-24 4.71% 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
September 30, 2024
LAIF Daily Yield 3.98% - Quarter to Date 3.80% - Average Days to Maturity 232 Total $161.6 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
September 2024 7

JULY AUGUST SEPTEMBER
Market Value $63,187,920 $63,584,774 $63,893,511
Book Value $63,571,445 $63,720,627 $63,902,658
Variance ($383,525) ($135,853) ($9,147)
Par Value $63,689,138 $64,121,201 $64,190,689
Net Asset Value $99.40 $99.79 $99.99
Book Yield 3.96% 4.23% 4.21%
Market Yield 4.57% 4.59% 4.36%
Years to Maturity 1 1.06 1.07
Effective Duration 0.84 0.94 0.94

JULY AUGUST SEPTEMBER
Total Earnings Per Month 94,667.46 $ $81,809 184,894.93 $ F/Y Earnings to Date 94,667.46 $ 176,476.85 $ 361,371.78 $ Average Daily Balance 63,380,151.15 $ 63,624,258.36 $ 63,814,816.83 $ F/Y Average Daily Balance 63,380,151.15$ 63,502,204.75 $ 63,606,408.78 $ Book Rate of Return 1.76% 1.51% 3.53%
F/Y Book Rate of Return 1.76% 1.64% 2.25%

JULY AUGUST SEPTEMBER
CD-FDIC 5,661,000.00 $ 6,157,000.00 $ 5,909,000.00 $ Commercial Paper - $ - $ - $ Corporate Bonds 3,900,000.00 $ 4,400,000.00 $ 4,400,000.00 $ LAIF 35,474,274.13 $ 10,474,274.13 $ 10,474,274.13 $ Money Market Funds 617,864.00 $ 1,761,926.88$ 1,079,414.87 $ U.S. Agencies 11,841,000.00 $ 9,841,000.00 $ 10,841,000.00 $ U.S. Treasuries 6,195,000.00 $ 31,487,000.00 $ 31,487,000.00 $ TOTAL 63,689,138.13 $ 64,121,201.01 $ 64,190,689.00 $ h Market Value - refers to the current price of an asset h Book Value - the original cost of an asset minus accumulated depreciation. h Variance - measure of volatility
h Par Value - stated value or face value of a financial instrument. h Net Asset Value - measures the value of a fund's assets, minus its liabilities. h Years to Maturity (YTM) - an estimate of the total rate of return anticipated to be earned by an investor who buys a bond at a given market price.
h Effective Duration - is a duration calculation for bonds that have embedded options. This measure of duration takes into account the fact that expected cash flows will fluctuate as interest rates change.
h Book Rate of Return - a measure of profitability to be compared to the required return

MARKET VALUE

INVESTMENTS SUMMARY

PORTFOLIO SUMMARY

AT A GLANCE

ACCOUNT SUMMARY
JULY - SEPTEMBER 2024
8 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 129,825.24$ 674.12$ 3,341.32 $ JP Morgan Chase - Money Market Account 1,950,368.57$ 10,127.30$ 50,196.57 $ JP Morgan Chase - Parking Enforcement 7,523,150.48$ 38,366.05$ 144,895.57 $ US Bank - City of Lynwood 4,543.14$ 0.56$ 2.16 $ Total 9,607,887.43 $ 49,168.03 $ 198,435.62 $ Demand Deposits
General Account 3,457,816.63$
US Bank - Economic Development 13,685.17$
US Bank - Housing Authority A 92,860.84$
US Bank - Housing Authority B 18,000.09$
US Bank - City HCDA 150,518.11$
US Bank - City Home Program 1,020,153.96$
US Bank - Taxable Tabs 2,611,325.52$
US Bank - Lyn Tr. Center Unf Wrkr 2,791.24$
US Bank - Money Market Account 49,028.48$
US Bank - US Dept. of HUD/Section 108 170,048.96$
US Bank - RORF Successor Agency 5,383,216.46$
US Bank - Low Mod Housing Trst Fnd/Rogel 4,783,522.34$
US Bank - Lynwood Disaster Relief Fund 5,000.00 $
US Bank - Settlement Remittance Fund 340,637.36$
US Bank - Housing Authority 25,512.71$
Total 18,124,117.87 $
Money Market Fund - A Money Market fund is a type of mutual fund that invest in short term debt securities of agenies of the U.S. Government, banks, corporations and U.S. Treasury Bills.

Some advantages of a money market fund over savings and CDs are high liquidity, low risk, and competive yields.

The City currently has a total of five MMA accounts within the City's investment portfolio.

Certificate of Deposit - A Certificate of Deposit or CD, is a time deposit. They are similar to savings accounts in that they are insured and relatively risk-free. They are different from savings accounts in that they usually are for a fixed term and a fixed interest rae. CDs are inteded to be held until maturity, at which time, the money may be withdrawn together with the accrued interest. The City currently has one CD within the City's investment portfolio
Demand Deposits
- Also known as "cash in the bank", this is the balance of the City's checking account with US Bank, from which virtually all obligations are paid.

CITY OF LYNWOOD

QUARTERLY INVESTMENT REPORT
September 30, 2024
9 PAR MARKET BOOK % OF

INVESTMENTS VALUE VALUE VALUE PORTFOLIO
*Money Market Funds 1,079,414.87 $ 1,079,414.87$ 1,079,414.87$ 1.69% LAIF 10,474,274.13 $ 10,474,274.13$ 10,474,274.13$ 16.39% Corporate Notes 4,400,000.00 $ 4,422,103.00$ 4,389,121.34$ 6.87% Commercial Paper - $ -$ -$ 0.00% Federal Agency 10,841,000.00 $ 10,838,706.26$ 10,804,623.47$ 16.91% Treasury Coupon Securities 31,487,000.00 $ 31,161,961.03$ 31,249,497.74$ 48.90% CD-FDIC 5,909,000.00 $ 5,917,052.12$ 5,905,726.69$ 9.24% TOTAL 64,190,689.00 $ 63,893,511.41$ 63,902,658.24$ 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) 129,825.24 $ N/A 3,341.32 $ JP Morgan Chase - Money Market Account 1,950,368.57 $ N/A 50,196.57 $ JP Morgan Chase - Parking Enforcement 7,523,150.48 $ N/A 144,895.57 $ US Bank - City of Lynwood 4,543.14 $ N/A 2.16 $ TOTAL 9,607,887.43 $ 198,435.62 $
Corporate Checking Accounts Balance
General Account 3,457,816.63 $
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 92,860.84 $
US Bank - Housing Authority B 18,000.09 $
US Bank - Lyn Tr. Center Unf Wrkr 2,791.24 $
US Bank - City of Lynwood 49,028.48 $
US Bank - RORF Successor Agency 5,383,216.46 $
US Bank - Low Mod Housing Trst Fnd/Rogel 4,783,522.34 $ 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 25,512.71 $
TOTAL 18,124,117.87 $

CITY OF LYNWOOD

QUARTERLY REPORT
September 30, 2024

PORTFOLIO SUMMARY
September 2024 10
Jan - Mar Apr - June July - Sept Oct - Dec
Investments Managed by Main Street 37,213,046.55 62,537,926.20 63,893,511.41 $36,817,582.81 Demand Deposits/MM//Custody 66,777,008.37 44,071,478.88 27,732,005.30 $56,945,678.09 Per Treasurer's Reports 103,990,054.92 $106,609,405.08 91,625,516.71 $93,763,260.90 Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account* 18,682,308.78 6,788,672.30 16,561,048.21$ 8,909,932.87 $ *Local Agency Investment Fund 35,081,100.37$ 393,173.76 -$ 35,474,274.13$ US Bank - RORF - Successor Agency 6,771,224.85 250,000.00$ 6,521,224.85 $ US Bank - Low Mod Housing Trust 4,799,709.84 525 4,799,184.84$ TOTAL REVENUE & EXPENDITURE 7,181,846.06 $ 16,811,573.21 $ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account* 8,909,932.87$ 30,892,748.25 33,042,663.36$ 6,760,017.76 $ *Local Agency Investment Fund 35,474,274.13$ - $ 25,000,000.00 10,474,274.13$ US Bank - RORF - Successor Agency 6,521,224.85$ - $ 23,010.00 6,498,214.85$ US Bank - Low Mod Housing Trust 4,799,184.84$ - $ 15,662.50 4,783,522.34$ TOTAL REVENUE & EXPENDITURE 30,892,748.25 $ 58,081,335.86 $ Accounts
Balances per Statement Beginning Credits Debits Ending
US Bank - General Account 6,760,017.76$ 7,659,239.58 10,961,440.71$ 3,457,816.63 $ *Local Agency Investment Fund 10,474,274.13$ - $ - $ 10,474,274.13$ US Bank - RORF - Successor Agency 6,498,214.85$ 1,114,998.39 $ 5,383,216.46 $ US Bank - Low Mod Housing Trust 4,783,522.34$ - $ 4,783,522.34 $ TOTAL REVENUE & EXPENDITURE 7,659,239.58 $ 12,076,439.10 QUARTERLY TOTAL OF DEBITS/CREDITS 45,733,833.89 $ 86,969,348.17 $ *Most Active Accounts
*Funds transferred from LAIF account to the general account to cover expenditures

BALANCES PER QUARTER
2024 2023
Jul-24
Aug-24
Sep-24

CITY OF LYNWOOD

QUARTERLY REPORT
September 30, 2024

MONTHLY BALANCES PER STATEMENT

DEMAND DEPOSIT ACCOUNTS - MOST ACTIVE
11 LARGE CHECKS
1ST QUARTER
Check # Issuance
Amount of
Check
211561 BRIGHT LANDSCAPE DEVELOPMENT INC 270,414.48$
211582 DBX INC 160,456.77$
211593 L.A. COUNTY SHERIFF DEPT 1,106,468.43$
211621 TORRES SANITA SYSTEMS CONSTRUCTION 353,415.91$
211628 WASTE RESOURCES INC. 205,066.11$
211637 WATER REPLENISHMENT DISTRICT OF SO 169,542.63$
211703 WATER REPLENISHMENT DISTRICT OF SO 317,372.67$
211721 ALVAREZ-GLASMAN & COLVIN 106,102.91$
211728 AQUA METRIC SALES CO 264,353.36$
211755 CALIFORNIA LANDSCAPE & DESIGN INC. 130,801.61$
211780 IWATER INC. 297,135.00$
211787 L.A. COUNTY SHERIFF DEPT 1,127,916.08$
211788 BRIGHTVIEW LANDSCAPE DEVELOPMENT INC 2,358,400.99$ 211807 NATIONWIDE ENVIRONMENTAL SVCS. 122,670.72$
211813 PARKING COMPANY OF AMERICA 139,753.28$
211864 NORTH STAR LAND CARE 136,315.00$
211865 VIGILANT SOLUTIONS LLC 144,417.50$
211880 SOUTHERN CALIFORNIA EDISON 112,992.99$
7,523,596.44$
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