Agenda packet, first session — Malibu City Council, January 22, 2024 (part 2 of 3)

Agenda Item # 3.B.9.

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Patricia Salazar, Development and Operations Manager Reviewed by: Richard Mollica, Planning Director
Approved by: Steve McClary, City Manager
Date prepared: January 3, 2024 Meeting date: January 22, 2024 Subject: Amendment to Professional Services Agreement with CJ Biomonitoring, LLC for Biological Review Consulting Services RECOMMENDED ACTION: Authorize the Mayor to execute Amendment No. 2 to Agreement with CJ Biomonitoring, LLC. extending the term of agreement.

FISCAL IMPACT: Services rendered by the Consultant are funded by biology review and inspections fees associated with planning applications and is included in the Adopted Budget for FY 2023-24 in Account No. 101-2001-5100-01 (Planning - Coastal Development Permit Services) and 102-3002-5100-01 (Woolsey Fire Operations - Coastal Development Permit Services).

WORK PLAN: This item is part of the day-to-day operations identified in the Adopted FY 2023-24 Strategic Priority Project List.

DISCUSSION: The Planning Department oversees the processing of planning applications for compliance with the Malibu Municipal Code (MMC) and Local Coastal Program. As with other specializations, the City contracts biological review services. The contract biologist reviews all project applications for anticipated impacts to Environmentally Sensitive Habitat Areas, blueline streams, disturbed habitats, watershed areas, and impacts due to Los Angeles County Fire Department required fuel modification zones. In addition, the contract biologist provides staff with suggested conditions of approval to protect or minimize anticipated project-related impacts on sensitive habitat areas.

City Council Meeting
01-22-24
Item

3.B.9.
1

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Agenda Item # 3.B.9.

In September 2021, as a result of a Request for Proposal process, the City entered into a two-year term agreement with CJ Biomonitoring, LLC. Subsequently, on September 25, 2023, the City Council approved an Amendment to the Agreement to extend the term of the agreement until January 22, 2024, to allow staff to proceed with the Request for Proposal (RFP) process, pursuant to MMC Section 2.56.150.

At this time, staff is recommending that the Council extend the existing contract with CJ Biomonitoring, LLC, for an additional year to maintain consistency and quality of review.

Furthermore, given the current Department workload and staffing vacancies, conducting the RFP process and onboarding a new consultant will greatly impede the continuity of operations.

ATTACHMENT: Amendment to Agreement with CJ Biomonitoring, LLC 2 AMENDMENT NO. 2 TO AGREEMENT
THIS AMENDMENT NO. 2 TO AGREEMENT is made and entered in the City of Malibu on September 25, 2023, by and between the CITY OF MALIBU, hereinafter referred to as City, and CJ Monitoring, LLC, hereinafter referred to as Consultant.

The City and the Consultant agree as follows:

R E C I T A L S
A. On September 27, 2021, the City entered into an Agreement with Consultant for biological consultant services (the “Agreement”).

B. On September 25, 2022, the City Council approved Amendment No. 1 to Agreement extending the term of the agreement such that the contract is set to expire on January 22, 2024.

C. The City desires to amend the Agreement to extend the term of agreement, such that the contract will now expire on January 22, 2025.

NOW THEREFORE, in consideration of their mutual promises, obligations and covenants hereinafter contained, the parties hereto agree as follows:

1. Section 2.0 – Term of Agreement, of the Agreement, is hereby extended to January 22, 2025.

2. The Parties agree that this Amendment will be considered signed when the signature of a party is delivered physically or by facsimile transmission or scanned and delivered via electronic mail. Such facsimile or electronic mail copies will be treated in all respects as having the same effect as an original signature.

3. All terms and conditions of the Agreement not amended by this Amendment No. 2 remain in full force and effect.

This Agreement is executed on ______________________, at Malibu, California, and effective as of January 22, 2025.

CITY OF MALIBU:
____________________________________
STEVE UHRING, Mayor
ATTEST:
____________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
APPROVED AS TO FORM: CONSULTANT:
_____________________________________ ____________________________________ TREVOR RUSIN, Interim City Attorney By: COURTNEY MCCAMMON Title: Owner/Principal Biologist
3 Attachment 1
City of Malibu
Memorandum

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Agenda Item # 3.B.10.

To: Mayor Uhring and the Honorable Members of the City Council From: Ruth F. Quinto, CPA, City Treasurer
Subject: Investment Report for the Month Ending December 31, 2023 RECOMMENDED ACTION: Receive the Investment Report for the month ending December 31, 2023.

The portfolio is in compliance with the City’s Investment Policy. The City has sufficient liquidity to meet expenditure requirements for at least six months. This monthly Investment Report is in conformance with Government Code 53636, stating the Treasurer may render a quarterly report to the legislative body within 45 days following the end of the quarter covered by the report.

The City’s portfolio is invested in the following categories:

Cash and Cash Equivalents 18.43%
U.S. Treasury 72.48%
U.S. Agencies 0.00%
Certificates of Deposit 9.09%
Investments month to month:

Investment
Issuer/Instrument Type
November 30, 2023 December 31, 2023
Amount
(in millions) Yield(A) %
Amount
(in millions) Yield(A) %
Operating Cash Cash $ 6.26 4.68% 6.44% $12.00 4.68% 11.58% LAIF Cash $ 2.14 3.93% 2.20% $ 2.14 3.96% 2.07%
CDs Investment $ 9.64 4.62% 9.91% $ 9.43 4.63% 9.09%
Treasury Bills Investment $ 0.00 0.00% 0.00% $ 0.00 0.00% 0.00% Treasury Notes Investment $74.59 4.41% 76.67% $75.13 4.41% 72.48% Money Market Cash $ 4.65 5.36% 4.78% $ 4.96 5.20% 4.78% Blended Yield 4.49% 4.49%
Total Duration(Years) 1.23 1.11
(A)Yield is based on Purchase Yield for Treasury Bills
2-Year U.S. Treasury Note Benchmark, as of December 31, 2023: 4.23% The fair market value of all investments held by the City is $103,665,912 as of December 31, 2023.

ATTACHMENTS:

1. City of Malibu Portfolio Statement

2. City of Malibu Investment Portfolio Report
City Council Meeting
01-22-24
Item

3.B.10.
1 SNAPSHOT
Current period ending December 31, 2023
ACCOUNT NAME: CITY OF MALIBU

RUTH QUINTO
ACCOUNT NUMBER:

Your Financial Advisor:

WILLIAM GOMBERG 701 S PARKER STREET
Phone: 714-497-1366 SUITE 2500
ORANGE, CA 92868
If you have more than one account with us, why not link them and receive summary information for your entire household? Contact Your Financial Advisor for more details.

CITY OF MALIBU Message from Our Firm
RUTH QUINTO AFTER TWO YEARS OF UNEVEN MARKET PERFORMANCE, WILL 2024 FINALLY BRING A 23825 STUART RANCH ROAD CHANGE? FIND OUT WHAT WELLS FARGO INVESTMENT INSTITUTE SEES AHEAD IN ITS "2024 OUTLOOK: A PIVOTAL YEAR FOR THE ECONOMY AND MARKETS." LEARN MORE AT MALIBU CA 90265-4861 WELLSFARGOADVISORS.COM/OUTLOOK.

News

SHOULD YOU NEED ADDITIONAL DETAILS ABOUT A SPECIFIC TRANSACTION REFLECTED ON

YOUR STATEMENT, THE INFORMATION IS AVAILABLE ONLINE OR BY CONTACTING THE CLIENT SERVICE NUMBER ON YOUR STATEMENT.

Investment and Insurance Products are: Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC, (WFAFN). Account(s) are carried by Wells Fargo Clearing • Not Insured by the FDIC or Any Federal Government Agency Services, LLC (WFCS). Wells Fargo Advisors is a trade name used by WFAFN and • Not a Deposit or Other Obligation of, or Guaranteed by, the Bank or Any Bank WFCS, Members SIPC, separate registered broker-dealers and non-bank affiliates of Affiliate Wells Fargo & Company.
• Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested

SNAPSHOT
072 ANCA ANC9
Attachment 1
2 General About your rights and responsibilities instructions and disclosures Questions and complaints about Your Account: This account statement contains important information About this statement about your brokerage account, including recent transactions. All account statements sent to you shall be deemed Clearing services: Wells Fargo Clearing Services, LLC (WFCS), an indirect wholly owned subsidiary of Wells complete and accurate if not objected to in writing within ten days of receipt. We encourage you to review the details Fargo & Company, is a clearing broker-dealer registered with the Securities and Exchange Commission (SEC) and in this statement. If you do not understand any of the information in your statement or if you believe there are any the Municipal Securities Rulemaking Board (MSRB) and is a member of the New York Stock Exchange (NYSE), the inaccuracies or discrepancies in your statement, you should promptly report them to both WFCS and to the manager Financial Industry Regulatory Authority (FINRA) and all principal U.S. exchanges. WFCS carries your account(s) and of the Wells Fargo Advisors Financial Network office listed on the front of your statement. To further protect your acts as your custodian for funds and securities deposited with us directly by you, through our affiliated broker-dealer, rights, including any rights under the Securities Investor Protection Act, any verbal communications with either your Wells Fargo Advisors Financial Network, LLC (Wells Fargo Advisors) or as a result of transactions WFCS processes Wells Fargo Advisors Financial Network office or with WFCS should be re-confirmed in writing. Inquiries or for your account. Twice a year, WFCS publishes on its web site www.wfclearing.com a statement of the firm's complaints about your account statement, including the positions and balances in your account, may be directed to financial condition. A financial statement of this organization is available for your personal inspection at its offices, or Wells Fargo Advisors Client Services at (866) 258-4606 or ATTN: H0005-087, 1 N. Jefferson Ave, St. Louis, MO a copy of it will be mailed upon your written request. Unless and until we receive written notice from you to the 63103. contrary, WFCS may, without inquiry or inves igation, accept from Wells Fargo Advisors (i) orders for the purchase or Public disclosure: You may reach FINRA by calling the FINRA BrokerCheck Hotline at (800) 289-9999 or by visiting sale of securities for your account on margin or otherwise, and (ii) any other instructions concerning your account. the FINRA website at www.finra.org. An investor brochure that includes information describing FINRA BrokerCheck Trade date statement and trade details: All activity and positions on this statement are shown as of the date a is available from FINRA upon request. A brochure describing the FINRA Pricing of Securities Regula ion Public trade is entered on the brokerage trading system (i.e., the trade date). Proceeds from the sale of securities and costs Disclosure Program is also available from the FINRA upon request. for the purchase of securities are not transacted through your account until the actual settlement date of the trade. MSRB disclosure: A brochure describing the protections available under MSRB rules and how to file a complaint is The time of the transactions, the name of the buyer or seller, and the source and amount of any commission or fee available at www.MSRB.org. will be furnished upon written request.

Account protection: WFCS is a member of the Securities Investor Protection Corporation (SIPC) which protects Pricing of securities: Securities prices on your statement may vary from actual liquidation value. Prices are against the loss of cash and securities held in client accounts of a SIPC member firm in the event of the member's provided by outside quotation services which we believe are reliable but due to the nature of market data the accuracy insolvency and liquidation. SIPC coverage is limited to $500,000 per customer, including up to $250,000 for cash. For cannot be guaranteed. In the absence of such pricing, prices are estimated by WFCS using available information and more information on SIPC coverage, please see the explanatory brochure at www.sipc.org or contact SIPC at (202) its judgment. Such estimates may not reflect actual trades and do not reflect a commitment by the firm to buy or sell 371-8300. In addition, WFCS maintains additional insurance coverage provided through London Underwriters (led by at those prices. Securities listed on a national exchange are priced as of the close of the statement period. Unlisted Lloyd's of London Syndicates). This additional insurance policy becomes available to clients if their SIPC limit is shares may be valued at the current best published "bid-price", and, if none exists, the last reported transaction if exhausted and provides additional protection up to a firm aggregate of $1 billion, including up to $1.9 million for cash occurring within the last 45 days. Prices of securities not actively traded may not be available and are indicated by per client. SIPC does not insure the quality of investments or protect against market losses. SIPC only protects the "N/A." Corporate and municipal bonds and other fixed income securities are priced by a computerized pricing service custody function of their members, which means that SIPC works to restore to clients their securities and cash that or, if less actively traded, by utilizing a yield-based matrix system to arrive at an estimated market value. Listed are in their accounts when the member firm liquidation begins. Not all investments are protected by SIPC. In general, options are priced based on the closing "bid-ask" prices and the last reported trade. Mutual fund shares are priced at SIPC does not cover instruments such as unregistered investment contracts, unregistered limited partnerships, fixed net asset value. Shares of direct participation program (DPP) and real estate investment trust (REIT) securities that annuity contracts, escrow receipts, direct investments, currency, commodities or related contracts, hedge funds and are not listed on a national exchange are generally illiquid. Because no trading market exists for these investments, certain other investments. their values are estimated. Unless otherwise indicated, the values shown for DPP and REIT securities have been provided by the management of each program and represent that management's estimate of the investor's interest in Free credit balances: Free credit balances are not segregated and may be used by WFCS in the operation of its the net assets of the program. See statement sections for additional pricing information. Values for hedge funds and business in accordance with applicable laws and regulations. You have the right to receive from us in the course of certain managed futures funds are provided on a month delay basis. Other managed futures funds may be priced normal business operations, subject to any open commitments in any of your accounts, any free credit balances to more frequently. Long-term certificates of deposit (maturity beyond one year from date of issue) are priced using a which you are entitled. market value pricing model. The sale or redemption price of your securities may be higher or lower than the prices Investment objectives/Risk tolerances: Please inform us promptly of any material change that might affect shown on your statement. For an actual quote, contact the individual servicing your account. your investment objectives, risk tolerances or financial situation, or if you wish to impose or change any reasonable Estimated annual income/yield: Estimated Annual Income (EAI), when available, reflects the estimated amount restrictions on the management of your account. A copy of the Investment Advisory Services Disclosure document is you would earn on a security if your current position and its related income remained constant for a year. Estimated available without charge upon request. Please contact the individual denoted on the front of your statement to update Annual Yield (EAY), when available, reflects the current estimated annual income divided by the current value of the your information and to receive a copy of this document. security as of the statement closing date. EAI and EAY are estimates and the actual income and yield might be lower Option accounts: Pursuant to FINRA Rule 2360, option assignment notices are randomly allocated by an or higher than the estimated amounts. EAY reflects only the income generated by an investment. It does not reflect automated process amongst all client short option positions that are subject to exercise, including posi ions changes in its price, which may fluctuate. The information used to derive these estimates is obtained from various established on the day of assignment. Transaction confirmations that were previously furnished to you provides outside vendors; WFCS and Wells Fargo Advisors Financial Network, LLC are not responsible for incorrect or information on commissions and other charges related to your option transaction executions. Details of our random missing estimated annual income and yields. Past performance is not a guarantee of future results. allocation procedures and copies of transaction confirmations are available upon request.

Income summary: The Income summary displays all income as recorded in the tax system as of period end date.

The totals in the Cash flow snapshot may not match the totals in the Income snapshot due to reclassifications or other corrections made in the tax system. Remember, you may have certain products that are not included in these figures and whose income is only available on the tax forms sent to you at year-end. Reclassifications and other tax reporting requirements may alter these numbers both during and after year end. You should rely only on tax reporting documents. Contact your tax advisor if you have any questions about the tax consequences of your brokerage activity.

Texas designation: If you are a resident of Texas who has purchased mutual fund shares, you may designate a representative to receive notification to assist in avoiding escheatment of assets in your investment account to the State of Texas. The designated representative does not have any rights to your account. Please use the Texas Unclaimed Property link (https://claimittexas.org/) to access the Designation of Representative for Notice Request form which you may complete and return to us at ATTN: H0006-08K, 1 N. Jefferson Ave, St. Louis, MO 63103 or return by email at [email protected].

Tax reporting: We are required by federal law to report annually to you and to the Internal Revenue Service (IRS) on Form(s) 1099 interest income, dividend payments and sales proceeds including cost basis information for applicable transactions credited to your account.
3 4
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CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Cash flow summary THIS PERIOD THIS YEAR
Opening value of cash and sweep balances $5,391.90
Income and distributions 54,233.18 1,391,816.98
Securities sold and redeemed 500,000.00 30,780,522.44
Electronic funds transfers 0.00 85,000,000.00
Other additions 0.00 7.00
Net additions to cash $554,233.18 $117,172,346.42
Securities purchased -270,215.49 -116,928,771.35
Net subtractions from cash -$270,215.49 -$116,928,771.35 Closing value of cash and sweep balances $289,409.59
Income summary * THIS PERIOD THIS YEAR
TAXABLE Money market/sweep funds 634.46 21,321.32
Interest 33,383.23 1,508,187.86
Ordinary dividends and ST capital gains 20,215.49 179,042.84 Total taxable income $54,233.18 $1,708,552.02
Total federally tax-exempt income $0.00 $0.00
Total income $54,233.18 $1,708,552.02
* Certain distributions made in he current year are reported as prior year income according to IRS regulations. This may cause a difference between Cash Flow and Income Summary totals.

Gain/loss summary UNREALIZED THIS PERIOD REALIZED THIS YEAR REALIZED Short term (S) 443,821.70 0.00 0.00
Long term (L) -98,139.94 0.00 0.00
Total $345,681.76 $0.00 $0.00

SNAPSHOT
072 ANCA ANC9
5 SNAPSHOT Page 3 of 23

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Your Financial Advisor Client service information
WILLIAM GOMBERG 701 S PARKER STREET Client service: 800-266-6263 Phone: 714-497-1366 SUITE 2500 Website: www.wellsfargoadvisors.com ORANGE, CA 92868
Account profile
Full account name: CITY OF MALIBU

RUTH QUINTO
Account type: Brokerage Cash Services For your consideration Brokerage account number: Go paperless. Accessing your account documents online is easy, secure, and Brokerage Cash Services number: costs nothing. Sign on at wellsfargoadvisors.com, go to Portfolio and select Tax status: Non-Profit Statements & Docs, and then click on the Delivery Preferences link. Choose Investment objective/Risk tolerance:* CONSERVATIVE INCOME Paperless - All Docs or view your Delivery Settings details to select specific Time horizon:* INTERMEDIATE (3-5 YEARS) account documents for paperless delivery. If you do not have a Username and Liquidity needs:* MODERATE Password, visit wellsfargoadvisors.com/signup or call 1-877-879-2495 for Cost Basis Election: First in, First out enrollment assistance.

Sweep option: ALLSPRING GOVERNMENT MONEY
MARKET Document delivery status
*For more information, please visit us at: www.wellsfargoadvisors.com/disclosures Paper Electronic Statements: X Available funds Trade confirmations: X
Cash 226.03 Tax documents: X
Money market and sweep funds 289,183.56 Shareholder communications: X Available for loan 0.00 Other documents: X
Your total available funds $289,409.59

SNAPSHOT
072 ANCA ANC9
6

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CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Bond maturity schedule % OF
MATURING IN: AMOUNT MATURING CURRENT VALUE MATURING VALUE under 1 year 29,707,000.00 29,296,588.53 34.30
60,000,00 1 to 5 years 56,914,000.00 55,265,006.48 65.70 6 to 10 years 0.00 0.00 0.00
40,000,00 11 to 15 years 0.00 0.00 0.00
16 to 20 years 0.00 0.00 0.00
21 to 30 years 0.00 0.00 0.00
20,000,00 over 30 years 0.00 0.00 0.00
Total $86,621,000.00 $84,561,595.01 100.00%
0 under 1 1 - 5 6 - 10 11 - 15 16 - 20 21 - 30 Over 30
Years
Additional information

THIS PERIOD THIS YEAR THIS PERIOD THIS YEAR
Accrued interest on purchases 0.00 -637,912.36 Gross proceeds 500,000.00 11,510,522.44 Portfolio detail
Cash and Sweep Balances
Sweep Balances - You have the right, in the course of normal business operations, to withdraw balances in the Bank Deposit Sweep Program(s) or redeem shares of the money market mutual fund used in the sweep, subject to any open commitments in any of your accounts and have the proceeds returned to your accounts or remitted to you. The money market mutual funds in the sweep reserve the right to require one or more day's prior notice before permitting withdrawals.

Money Market Mutual Fund - Funds seek to preserve a value at $1.00 per share, but it is possible to lose money by investing in these funds. Investments in money market funds are not bank deposits and are not insured by the FDIC or any other government agency. They are instead covered by SIPC. Estimated Annual Yield on money market funds, when available, reflects the current estimated yield for the Interest Period dates displayed. For more complete information, including fees, expenses and risks, please request a prospectus from Your Financial Advisor.
% OF CURRENT EST MATED ESTIMATED CURRENT
DESCRIPTION ACCOUNT MARKET VALUE ANNUAL INCOME YIELD (%) Cash 0.00 226.03 0.00 N/A
ALLSPRING 0.32 289,183.56 14,228.00 4.92

GOVERNMENT MONEY MARKET
Interest Period 12/01/23 - 12/31/23
Total Cash and Sweep Balances 0.32 $289,409.59 $14,228.00 072 ANCA ANC9
Amount Maturing
7

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CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Corporate and municipal bonds and other fixed income securities are priced by a computerized pricing service or, for less actively traded issues, by utilizing a yield-based matrix system to arrive at an estimated market value.

Government Bonds

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%) US TREASURY ^
NOTES
CPN 2.750% DUE 02/15/24
DTD 02/15/14 FC 08/15/14
Moody AAA
CUSIP 912828B66
Acquired 06/21/23 S 4.92 4,422,000 98.53 4,357,419.53 99.6840 4,408,026.48 50,606.95 45,932.33 121,605 2.75

US TREASURY
NOTES
CPN 2.125% DUE 03/31/24
DTD 03/31/17 FC 09/30/17
Moody AAA
CUSIP 912828W71
Acquired 03/15/23 S 4.43 4,000,000 98.15 3,926,128.24 99.2030 3,968,120.00 41,991.76 21,598.36 85,000 2.14

US TREASURY
NOTES
CPN 2.500% DUE 04/30/24
DTD 04/30/22 FC 10/31/22
Moody AAA
CUSIP 91282CEK3
Acquired 05/18/23 S 1.11 1,000,000 97.93 979,328.56 99.0850 990,850.00 11,521.44 4,258.24 25,000 2.52

US TREASURY
NOTES
CPN 0.375% DUE 09/15/24
DTD 09/15/21 FC 03/15/22
Moody AAA
CUSIP 91282CCX7
Acquired 03/15/23 S 4.33 4,000,000 95.07 3,802,819.52 96.8430 3,873,720.00 70,900.48 4,450.55 15,000 0.38

US TREASURY
NOTES
CPN 2.250% DUE 10/31/24
DTD 10/31/17 FC 04/30/18
Moody AAA
CUSIP 9128283D0
Acquired 10/19/23 S 11.32 10,360,000 97.01 10,050,353.13 97.8430 10,136,534.80 86,181.67 39,703.85 233,100 2.29 072 ANCA ANC9
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CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Government Bonds continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

US TREASURY
NOTES
CPN 4.250% DUE 12/31/24
DTD 01/03/23 FC 06/30/23
Moody AAA
CUSIP 91282CGD7
Acquired 10/02/23 S 4.77 4,290,000 98.88 4,242,319.62 99.4660 4,267,091.40 24,771.78 495.45 182,325 4.27

US TREASURY
NOTES
CPN 1.500% DUE 02/15/25
DTD 02/15/22 FC 08/15/22
Moody AAA
CUSIP 91282CDZ1
Acquired 08/09/23 S 5.62 5,215,000 95.21 4,965,249.23 96.5030 5,032,631.45 67,382.22 29,546.95 78,225 1.55

US TREASURY
NOTES
CPN 1.750% DUE 03/15/25
DTD 03/15/22 FC 09/15/22
Moody AAA
CUSIP 91282CED9
Acquired 03/15/23 S 4,000,000 96.35 3,854,194.52 3,865,120.00 10,925.48 Acquired 08/10/23 S 5,330,000 95.31 5,080,154.94 5,150,272.40 70,117.46 Total 10.07 9,330,000 $95.75 $8,934,349.46 96.6280 $9,015,392.40 $81,042.94 $48,444.23 $163,275 1.81

US TREASURY
NOTES
CPN 3.125% DUE 08/15/25
DTD 08/15/22 FC 02/15/23
Moody AAA
CUSIP 91282CFE6
Acquired 11/30/23 S 1.60 1,465,000 97.59 1,429,755.44 98.0070 1,435,802.55 6,047.11 17,292.38 45,781 3.18

US TREASURY
NOTES
CPN 3.500% DUE 09/15/25
DTD 09/15/22 FC 03/15/23
Moody AAA
CUSIP 91282CFK2
Acquired 03/15/23 S 4,000,000 99.85 3,994,132.00 3,941,080.00 -53,052.00 Acquired 08/09/23 S 15,120,000 97.78 14,785,075.41 14,897,282.40 112,206.99 072 ANCA ANC9
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CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Government Bonds continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%) Total 21.04 19,120,000 $18,779,207.4 98.5270 $18,838,362.40 $59,154.99 $198,553.84 $669,200 3.55 $98.21 1

US TREASURY
NOTES
CPN 2.250% DUE 03/31/26
DTD 03/31/19 FC 09/30/19
Moody AAA
CUSIP 9128286L9
Acquired 03/15/23 S 4.29 4,000,000 96.38 3,855,382.00 95.9290 3,837,160.00 -18,222.00 22,868.85 90,000 2.34

US TREASURY
NOTES
CPN 0.750% DUE 08/31/26
DTD 08/31/21 FC 02/28/22
Moody AAA
CUSIP 91282CCW9
Acquired 03/15/23 S 4.10 4,000,000 91.07 3,643,007.00 91.6790 3,667,160.00 24,153.00 10,137.37 30,000 0.81

US TREASURY
NOTES
CPN 2.500% DUE 03/31/27
DTD 03/31/22 FC 09/30/22
Moody AAA
CUSIP 91282CEF4
Acquired 03/15/23 S 4.27 4,000,000 96.45 3,858,132.00 95.5740 3,822,960.00 -35,172.00 25,409.83 100,000 2.61

US TREASURY
NOTES
CPN 3.125% DUE 08/31/27
DTD 08/31/22 FC 02/28/23
Moody AAA
CUSIP 91282CFH9
Acquired 03/15/23 S 2.06 1,894,000 98.59 1,867,461.42 97.1870 1,840,721.78 -26,739.64 20,000.17 59,188 3.21 Total Government Bonds 83.93 77,096,000 $74,690,912.5 $75,134,533.26 $443,620.70 $488,692.40 $1,897,699 2.53 6 ^ Denotes bonds with a maturity date in the next 60 days. Please contact us for further investment opportunities or any assistance. 072 ANCA ANC9
10

Page 8 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit
Long-term certificates of deposit (maturity beyond one year from date of issue) are priced using a market value pricing model.

FDIC INSD
CPN 5.000% DUE 01/22/24
DTD 05/22/23 FC 06/22/23
CUSIP 06418CHC3
Acquired 05/18/23 S nc 0.28 250,000 100.00 250,000.00 99.9830 249,957.50 -42.50 342.47 12,500 5.00 BEAL BANK USA CD ^
LAS VEGAS NV ACT/365

FDIC INSD
CPN 4.750% DUE 02/21/24
DTD 02/22/23 FC 02/21/24
CUSIP 07371DRD1
Acquired 02/09/23 S nc 0.28 250,000 100.00 250,000.00 99.9100 249,775.00 -225.00 10,183.22 11,875 4.75 HANCOCK WHITNEY BANK CD ^
GULFPORT MS ACT/365

FDIC INSD
CPN 5.250% DUE 02/26/24
DTD 05/25/23 FC 02/26/24
CUSIP 41024LBS7
Acquired 05/18/23 S nc 0.28 250,000 100.00 250,000.00 99.9890 249,972.50 -27.50 7,946.92 13,125 5.25

BRADESCO BANK CD
CORAL GABLES FL ACT/365

FDIC INSD
CPN 5.200% DUE 03/04/24
DTD 06/02/23 FC 03/04/24
CUSIP 10421AAB3
Acquired 05/18/23 S nc 0.28 250,000 100.00 250,000.00 99.9770 249,942.50 -57.50 7,586.31 13,000 5.20

SANTANDER BANK NA CD
WILMINGTON DE ACT/365

FDIC INSD
CPN 5.250% DUE 03/15/24
DTD 03/17/23 FC 03/15/24
CUSIP 80280JVQ1
Acquired 03/15/23 S nc 0.28 250,000 100.00 250,000.00 99.9630 249,907.50 -92.50 10,428.08 13,125 5.25 072 ANCA ANC9
11

Page 9 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

WEBBANK CD
SALT LAKE CITY UTACT/365

FDIC INSURED
CPN 5.250% DUE 03/19/24
DTD 03/20/23 FC 03/19/24
CUSIP 947547US2
Acquired 03/15/23 S nc 0.28 250,000 100.00 250,000.00 99.9590 249,897.50 -102.50 10,320.21 13,125 5.25

BARCLAYS BANK/DELAWAR CD
WILMINGTON DE ACT/365

FDIC INSD
CPN 5.400% DUE 03/21/24
DTD 03/22/23 FC 03/21/24
CUSIP 06740KRN9
Acquired 03/14/23 S nc 0.28 250,000 100.00 250,000.00 99.9890 249,972.50 -27.50 10,541.10 13,500 5.40

CITIZENS BANK NA/RI CD
PROVIDENCE RI ACT/365

FDIC INSD
CPN 5.300% DUE 03/21/24
DTD 03/22/23 FC 03/21/24
CUSIP 75524KQH0
Acquired 03/15/23 S nc 0.28 250,000 100.00 250,000.00 99.9680 249,920.00 -80.00 10,345.89 13,250 5.30

OCEANFIRST BANK NA CD
TOMS RIVER NJ ACT/365

FDIC INSD
CPN 5.150% DUE 03/21/24
DTD 03/22/23 FC 03/21/24
CUSIP 67523TCE1
Acquired 03/15/23 S nc 0.28 250,000 100.00 250,000.00 99.9350 249,837.50 -162.50 10,053.08 12,875 5.15

RENASANT BK TUPELO MS CD
TUPELO MS ACT/365

FDIC INSD
CPN 5.300% DUE 03/21/24
DTD 03/22/23 FC 03/21/24
CUSIP 759701BH7
Acquired 03/15/23 S nc 0.28 250,000 100.00 250,000.00 99.9680 249,920.00 -80.00 10,345.89 13,250 5.30 072 ANCA ANC9
12

Page 10 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

CHARLES SCHWAB BK SSB CD
RENO NV ACT/365

FDIC INSD
CPN 5.350% DUE 03/22/24
DTD 03/17/23 FC 09/17/23
CUSIP 15987UAU2
Acquired 03/15/23 S 0.28 250,000 100.00 250,000.00 99.9040 249,760.00 -240.00 3,884.24 13,375 5.35

HEARTLAND BANK & TR CD
BLOOMINGTON IL ACT/365

FDIC INSD
CPN 5.450% DUE 04/29/24
DTD 09/27/23 FC 04/29/24
CUSIP 42234FDP8
Acquired 09/20/23 S nc 0.28 250,000 100.00 250,000.00 100.0660 250,165.00 165.00 3,583.56 13,625 5.44

ASSOCIATED BK GREEN B CD
STEVENS POINT WI ACT/365

FDIC INSD
CPN 5.150% DUE 05/21/24
DTD 05/22/23 FC 05/21/24
CUSIP 045491NU7
Acquired 05/18/23 S nc 0.28 250,000 100.00 250,000.00 99.9440 249,860.00 -140.00 7,901.37 12,875 5.15

GOLDMAN SACHS BK USA CD
NEW YORK NY ACT/365

FDIC INSD
CPN 5.000% DUE 05/22/24
DTD 05/24/23 FC 05/22/24
CUSIP 38150VHQ5
Acquired 05/18/23 S nc 0.28 250,000 100.00 250,000.00 99.8880 249,720.00 -280.00 7,602.74 12,500 5.00

AMERICAN EXPR NATL BK CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 5.100% DUE 05/23/24
DTD 05/24/23 FC 05/23/24
CUSIP 02589AET5
Acquired 05/18/23 S nc 0.06 50,000 100.00 50,000.00 99.9270 49,963.50 -36.50 1,550.96 2,550 5.10 072 ANCA ANC9
13

Page 11 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

BANK OF AMERICA NA CD
CHARLOTTE NC ACT/365

FDIC INSD
CPN 5.150% DUE 05/23/24
DTD 05/24/23 FC 05/23/24
CUSIP 06051VT89
Acquired 05/18/23 S nc 0.28 250,000 100.00 250,000.00 99.9460 249,865.00 -135.00 7,830.82 12,875 5.15

US BANK NATL ASSOC CD
MINNEAPOLIS MN ACT/365

FDIC INSD
CPN 5.100% DUE 05/23/24
DTD 05/24/23 FC 05/23/24
CUSIP 90354KBV9
Acquired 05/18/23 S nc 0.28 250,000 100.00 250,000.00 99.9270 249,817.50 -182.50 7,754.79 12,750 5.10

CAPITAL ONE NA CD
MCLEAN VA ACT/365

FDIC INSURED
CPN 2.500% DUE 06/19/24
DTD 06/19/19 FC 12/19/19
CUSIP 14042RLZ2
Acquired 06/18/19 L 0.28 250,000 100.00 250,000.69 98.7750 246,937.50 -3,063.19 222.60 6,250 2.53 100.00 250,007.00

FULTON BANK CD
WILLIAMSPORT PA ACT/365

FDIC INSD
CPN 5.350% DUE 06/24/24
DTD 03/22/23 FC 09/22/23
CUSIP 359899AN1
Acquired 03/14/23 S 0.28 250,000 100.00 250,000.00 100.1400 250,350.00 350.00 366.44 13,375 5.34

COMENITY CAPITAL BANK CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 2.500% DUE 06/27/24
DTD 06/27/19 FC 07/27/19
CUSIP 20033AZ58
Acquired 06/18/19 L 0.14 125,000 100.00 125,000.00 98.7430 123,428.75 -1,571.25 42.81 3,125 2.53 072 ANCA ANC9
14

Page 12 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

CUSTOMERS BANK CD
WEST READING PA ACT/365

FDIC INSD
CPN 4.700% DUE 08/16/24
DTD 02/16/23 FC 08/16/23
CUSIP 23204HNC8
Acquired 02/09/23 S 0.28 250,000 100.00 250,000.00 99.7080 249,270.00 -730.00 4,442.46 11,750 4.71

MORGAN STANLEY BK NA CD
SOUTH JORDAN UT ACT/365

FDIC INSD
CPN 5.500% DUE 09/26/24
DTD 09/27/23 FC 09/26/24
CUSIP 61690DEM6
Acquired 09/20/23 S nc 0.28 250,000 100.00 250,000.00 100.2370 250,592.50 592.50 3,616.44 13,750 5.48

BANK OF BARODA CD
NEW YORK NY ACT/365

FDIC INSD
CPN 5.500% DUE 09/27/24
DTD 09/28/23 FC 09/27/24
CUSIP 06063HRH8
Acquired 09/20/23 S nc 0.28 250,000 100.00 250,000.00 100.2380 250,595.00 595.00 3,578.77 13,750 5.48

COMERICA BANK TEXAS CD
DALLAS TX ACT/365

FDIC INSD
CPN 5.250% DUE 09/30/24
DTD 03/30/23 FC 09/30/23
CUSIP 200339FB0
Acquired 03/20/23 S 0.28 250,000 100.00 250,000.00 100.0700 250,175.00 175.00 3,344.18 13,125 5.24

BANK HAPOALIM BM NY CD
NEW YORK NY ACT/365

FDIC INSD
CPN 5.050% DUE 11/26/24
DTD 05/26/23 FC 11/26/23
CUSIP 06251A5N6
Acquired 05/18/23 S 0.28 250,000 100.00 250,000.00 99.8940 249,735.00 -265.00 1,245.21 12,625 5.05 072 ANCA ANC9
15

Page 13 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

MANUF & TRADERS TR CO CD
BUFFALO NY ACT/365

FDIC INSD
CPN 4.900% DUE 12/09/24
DTD 12/07/22 FC 06/07/23
CUSIP 564759RJ9
Acquired 11/28/22 L 0.28 250,000 100.00 250,000.00 99.7740 249,435.00 -565.00 839.04 12,250 4.91

AMERICAN EXPR NATL BK CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 2.050% DUE 03/24/25
DTD 03/23/22 FC 09/23/22
CUSIP 02589ABV3
Acquired 03/17/22 L 0.22 200,000 100.00 200,000.00 96.4190 192,838.00 -7,162.00 1,123.29 4,100 2.12

ALLY BANK CD
BENSALEM PA ACT/365

FDIC INSD
CPN 5.250% DUE 03/24/25
DTD 03/23/23 FC 09/23/23
CUSIP 02007GM34
Acquired 03/14/23 S 0.28 250,000 100.00 250,000.00 100.2010 250,502.50 502.50 3,595.89 13,125 5.23

WELLS FARGO BANK NA CD
SIOUX FALLS SD ACT/365

FDIC INSD
CPN 4.900% DUE 05/23/25
DTD 05/23/23 FC 06/23/23
CUSIP 949764CT9
Acquired 05/18/23 S 0.28 250,000 100.00 250,000.00 99.8530 249,632.50 -367.50 302.05 12,250 4.90

BMO HARRIS BANK NA CD
CHICAGO IL ACT/365

FDIC INSD
CPN 4.850% DUE 05/27/25
DTD 05/24/23 FC 11/24/23
CUSIP 05600XQK9
Acquired 05/18/23 S 0.28 250,000 100.00 250,000.00 99.7870 249,467.50 -532.50 1,262.33 12,125 4.86 072 ANCA ANC9
16

Page 14 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

AMERICAN COML BK & TR CD
OTTAWA IL ACT/365

FDIC INSD
CPN 5.000% DUE 06/06/25
DTD 12/06/23 FC 01/06/24
CUSIP 02519ACB1
Acquired 11/29/23 S 0.28 250,000 100.00 250,000.00 100.0080 250,020.00 20.00 890.41 12,500 4.99

BMW BK N AMERICA CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 5.100% DUE 09/17/25
DTD 03/17/23 FC 09/17/23
CUSIP 05580AX58
Acquired 03/14/23 S 0.28 250,000 100.00 250,000.00 100.3280 250,820.00 820.00 3,702.74 12,750 5.08

STATE BANK OF INDIA CD
NEW YORK NY ACT/365

FDIC INSD
CPN 4.950% DUE 12/02/25
DTD 12/02/22 FC 06/02/23
CUSIP 856285V81
Acquired 11/28/22 L 0.28 250,000 100.00 250,000.00 100.2340 250,585.00 585.00 1,017.12 12,375 4.93

SALLIE MAE BANK/SALT CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 4.750% DUE 12/15/25
DTD 12/13/23 FC 06/13/24
CUSIP 795451DG5
Acquired 12/07/23 S 0.28 250,000 100.00 250,000.00 99.9320 249,830.00 -170.00 618.15 11,875 4.75

COMENITY BANK CD
WILMINGTON DE ACT/365

JUMBO CD FDIC INSURED
CPN 2.000% DUE 03/18/26
DTD 03/18/22 FC 04/18/22
CUSIP 99000QQW7
Acquired 03/15/22 L 0.21 200,000 100.00 200,000.00 94.2050 188,410.00 -11,590.00 153.43 4,000 2.12 072 ANCA ANC9
17

Page 15 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

SYNCHRONY BANK CD
DRAPER UT ACT/365

FDIC INSD
CPN 5.000% DUE 03/24/26
DTD 03/24/23 FC 09/24/23
CUSIP 87165HX21
Acquired 03/14/23 S 0.28 250,000 100.00 250,000.00 100.3830 250,957.50 957.50 3,390.41 12,500 4.98

TEXAS EXCHANGE BK SSB CD
CROWLEY TX ACT/365

CALLABLE FDIC INSD
CPN 1.100% DUE 10/29/26
DTD 10/29/21 FC 11/29/21
CALL 01/29/24 @ 100.000
CUSIP 88241TMC1
Acquired 10/22/21 L 0.25 250,000 100.00 250,000.00 90.0190 225,047.50 -24,952.50 22.60 2,750 1.22

DISCOVER BANK CD
GREENWOOD DE ACT/365

FDIC INSD
CPN 4.950% DUE 11/16/26
DTD 11/15/22 FC 05/15/23
CUSIP 254673Z66
Acquired 11/09/22 L 0.22 200,000 100.00 200,000.00 100.1870 200,374.00 374.00 1,274.79 9,900 4.94

UBS BANK USA CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 1.150% DUE 12/08/26
DTD 12/08/21 FC 01/08/22
CUSIP 90348JX96
Acquired 11/30/21 L 0.25 250,000 100.00 250,000.00 89.7520 224,380.00 -25,620.00 189.04 2,875 1.28 072 ANCA ANC9
18

Page 16 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Fixed Income Securities
Certificates of Deposit continued

ESTIMATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ACCRUED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INTEREST INCOME YIELD (%)

CELTIC BANK CD
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 2.000% DUE 12/27/27
DTD 12/27/19 FC 01/27/20
CUSIP 15118RTH0
Acquired 12/09/19 L 0.25 250,000 100.00 250,000.00 90.1700 225,425.00 -24,575.00 68.50 5,000 2.21 Total Certificates of Deposit 10.53 9,525,000 $9,525,000.69 $9,427,061.75 -$97,938.94 $163,510.35 $438,300 4.65 $9,525,007.00
Total Fixed Income Securities 94.46 $84,215,913.2 $84,561,595.01 $345,681.76 $652,202.75 $2,335,999 2.76 5 $84,215,919.5
6 ^ Denotes Certificate of Deposit with a maturity date in the next 60 days. Please contact us for further investment opportunities or any assistance. nc Cost information for this tax lot is not covered by IRS reporting requirements. Unless indicated, cost for all other lots will be reported to the IRS.

Mutual Funds
If a portion of your fund position was converted, the 'Client Investment' value may include reinvestments from previously held positions.

Open End Mutual Funds
Open End Mutual Fund shares are priced at net asset value. Estimated Annual Income and Yield refer to Dividends and Interest Income only, and typically do not reflect Total return.

EST MATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INCOME YIELD (%)

FIDELITY FUNDS

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
FRSXX
On Reinvestment
Acquired 03/17/23 S nc 4,510,522.44000 1.00 4,510,522.44 4,510,522.44 0.00 Reinvestments S nc 157,959.59000 1.00 157,959.59 157,959.59 0.00 Total 5.22 4,668,482.03000 $1.00 $4,668,482.03 1.0000 $4,668,482.03 $0.00 $243,695 5.22 072 ANCA ANC9
19

Page 17 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Mutual Funds
Open End Mutual Funds continued

EST MATED
% OF ADJ PRICE/ ADJ COST/ CURRENT CURRENT UNREALIZED ANNUAL ANNUAL DESCRIPTION ACCOUNT QUANTITY ORIG PRICE ORIG COST PRICE MARKET VALUE GAIN/LOSS INCOME YIELD (%) Client Investment (Excluding Reinvestments) $4,510,522.44 Gain/Loss on Client Investment (Including Reinvestments) $157,959.59 Total Open End Mutual Funds 5.22 $4,668,482.03 $4,668,482.03 $0.00 $243,695 5.22 Total Mutual Funds 5.22 $4,668,482.03 $4,668,482.03 $0.00 $243,695 5.22 nc Cost information for this tax lot is not covered by IRS reporting requirements. Unless indicated, cost for all other lots will be reported to the IRS.

Activity detail
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 12/01 Cash DIVIDEND FIDELITY FUNDS 20,215.49

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
113023 4,648,266.54000
AS OF 11/30/23
12/04 Cash INTEREST STATE BANK OF INDIA CD 6,204.45
NEW YORK NY ACT/365

FDIC INSD
CPN 4.950% DUE 12/02/25
DTD 12/02/22 FC 06/02/23
120223 250,000
AS OF 12/02/23
CUSIP 856285V81
12/06 Cash INTEREST MORGAN STANLEY PVT BK CD 4,449.66
PURCHASE NY ACT/365

FDIC INSD
CPN 3.550% DUE 12/06/23
DTD 12/06/18 FC 06/06/19
120623 250,000
CUSIP 61760ASZ3
072 ANCA ANC9
20

Page 18 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Activity detail continued
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 12/07 Cash INTEREST MANUF & TRADERS TR CO CD 6,141.78
BUFFALO NY ACT/365

FDIC INSD
CPN 4.900% DUE 12/09/24
DTD 12/07/22 FC 06/07/23
120723 250,000
CUSIP 564759RJ9
12/08 Cash INTEREST UBS BANK USA CD 236.30
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 1.150% DUE 12/08/26
DTD 12/08/21 FC 01/08/22
120823 250,000
CUSIP 90348JX96
12/18 Cash INTEREST COMENITY BANK CD 328.77
WILMINGTON DE ACT/365

JUMBO CD FDIC INSURED
CPN 2.000% DUE 03/18/26
DTD 03/18/22 FC 04/18/22
121823 200,000
CUSIP 99000QQW7
12/19 Cash INTEREST CAPITAL ONE NA CD 3,133.56
MCLEAN VA ACT/365

FDIC INSURED
CPN 2.500% DUE 06/19/24
DTD 06/19/19 FC 12/19/19
121923 250,000
CUSIP 14042RLZ2
12/22 Cash INTEREST BANK OZK CD 1,027.40
LITTLE ROCK AR ACT/365

FDIC INSD
CPN 5.000% DUE 01/22/24
DTD 05/22/23 FC 06/22/23
122223 250,000
CUSIP 06418CHC3
072 ANCA ANC9
21

Page 19 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Activity detail continued
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 12/26 Cash INTEREST BANK HOPE CD 9,960.62
LOS ANGELES CA ACT/365

FDIC INSURED
CPN 5.250% DUE 12/26/23
DTD 03/24/23 FC 12/26/23
122623 250,000
CUSIP 062683HE0
12/26 Cash INTEREST WELLS FARGO BANK NA CD 1,006.85
SIOUX FALLS SD ACT/365

FDIC INSD
CPN 4.900% DUE 05/23/25
DTD 05/23/23 FC 06/23/23
122323 250,000
AS OF 12/23/23
CUSIP 949764CT9
12/27 Cash INTEREST CELTIC BANK CD 410.96
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 2.000% DUE 12/27/27
DTD 12/27/19 FC 01/27/20
122723 250,000
CUSIP 15118RTH0
12/27 Cash INTEREST COMENITY CAPITAL BANK CD 256.85
SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 2.500% DUE 06/27/24
DTD 06/27/19 FC 07/27/19
122723 125,000
CUSIP 20033AZ58
12/29 Cash INTEREST TEXAS EXCHANGE BK SSB CD 226.03
CROWLEY TX ACT/365

CALLABLE FDIC INSD
CPN 1.100% DUE 10/29/26
DTD 10/29/21 FC 11/29/21
122923 250,000
CUSIP 88241TMC1
072 ANCA ANC9
22

Page 20 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Activity detail continued
Income and distributions

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 12/29 Cash DIVIDEND ALLSPRING 634.46

GOVERNMENT MONEY MARKET

SWEEP CLASS
122923 288,549
Total Income and distributions: $54,233.18
Securities sold and redeemed

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 12/06 Cash REDEMPTION -250,000.00000 MORGAN STANLEY PVT BK CD 250,000.00 PURCHASE NY ACT/365

FDIC INSD
CPN 3.550% DUE 12/06/23
DTD 12/06/18 FC 06/06/19
CUSIP 61760ASZ3
12/26 Cash REDEMPTION -250,000.00000 BANK HOPE CD 250,000.00 LOS ANGELES CA ACT/365

FDIC INSURED
CPN 5.250% DUE 12/26/23
DTD 03/24/23 FC 12/26/23
CUSIP 062683HE0
Total Securities sold and redeemed: $500,000.00
Securities purchased

DATE ACCOUNT TYPE TRANSACTION QUANTITY DESCRIPTION PRICE AMOUNT 12/01 Cash REINVEST DIV 20,215.49000 FIDELITY FUNDS -20,215.49

FIDELITY TREASURY ONLY

PORT INSTL CLASS SHS
REINVEST AT 1.000
12/07 Cash PURCHASE 250,000.00000 SALLIE MAE BANK/SALT CD 100.0000 -250,000.00 SALT LAKE CTY UT ACT/365

FDIC INSD
CPN 4.750% DUE 12/15/25
DTD 12/13/23 FC 06/13/24
CUSIP 795451DG5
Total Securities purchased: -$270,215.49
072 ANCA ANC9
23

Page 21 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Cash sweep activity
Our Cash Sweep program allows you to earn a return on the idle cash balances in your account by automatically investing such balances into one of our cash sweep options. These 'sweep transactions' may represent a net amount for the day and occur on settlement date. The following section displays transfers into and out of your sweep option. Transactions displayed here are Transfer To, Transfer From and Reinvested Dividends and Interest. These transaction amounts are not included in your cash flow summary.

DATE TRANSACTION DESCRIPTION AMOUNT DATE TRANSACTION DESCRIPTION AMOUNT 12/01 BEGINNING BALANCE 1,442,092.73 12/19 TRANSFER TO ALLSPRING 328.77

GOVERNMENT MONEY MARKET
12/01 TRANSFER FROM ALLSPRING -1,186,700.83 12/20 TRANSFER TO ALLSPRING 3,133.56

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
12/05 TRANSFER TO ALLSPRING 6,204.45 12/26 TRANSFER TO ALLSPRING 1,027.40

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
12/06 TRANSFER FROM ALLSPRING -250,000.00 12/27 TRANSFER TO ALLSPRING 260,967.47

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
12/07 TRANSFER TO ALLSPRING 254,449.66 12/28 TRANSFER TO ALLSPRING 667.81

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
12/08 TRANSFER TO ALLSPRING 6,141.78 12/29 REINVEST DIV ALLSPRING 634.46

GOVERNMENT MONEY MARKET GOVERNMENT MONEY MARKET
12/11 TRANSFER TO ALLSPRING 236.30 12/31 ENDING BALANCE 289,183.56

GOVERNMENT MONEY MARKET
12/13 TRANSFER FROM ALLSPRING -250,000.00

GOVERNMENT MONEY MARKET
Bank Deposits Through Teller December 1 - December 31
Wells Fargo Bank, N.A. (Member FDIC) Account number Questions? Call us at 1-800-266-6263 Deposits made in a bank branch on the last business day of the month will typically appear on your next statement.

DATE TRANSACTION DESCRIPTION AMOUNT BANK BALANCE
12/01 BEGINNING BALANCE $0.00
072 ANCA ANC9
24

Page 22 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Bank Deposits Through Teller continued

DATE TRANSACTION DESCRIPTION AMOUNT BANK BALANCE
12/31 ENDING BALANCE $0.00
Realized gain/loss
Realized Gain/Loss Summary

THIS PERIOD THIS PERIOD THIS PERIOD THIS YEAR THIS YEAR THIS YEAR

GAIN LOSS NET GAIN LOSS NET
Short term 0.00 0.00 0.00 0.00 0.00 0.00
Long term 0.00 0.00 0.00 0.00 0.00 0.00
Total Realized Gain/Loss $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Realized Gain/Loss Detail
Long term

ADJ PRICE/ DATE ADJ COST/

DESCRIPTION QUANTITY ORIG PRICE ACQUIRED CLOSE DATE PROCEEDS ORIG COST GAIN/LOSS MORGAN STANLEY PVT BK CD 250,000.00000 100.0000 11/28/18 12/06/23 250,000.00 250,000.00 0.00 PURCHASE NY ACT/365

FDIC INSD
CPN 3.550% DUE 12/06/23
DTD 12/06/18 FC 06/06/19
CUSIP 61760ASZ3
Total Long term $250,000.00 $250,000.00 $0.00
072 ANCA ANC9
25

Page 23 of 23 ends

CITY OF MALIBU

RUTH QUINTO
DECEMBER 1, 2023 - DECEMBER 31, 2023
ACCOUNT NUMBER:

Specific instructions and disclosures
Available funds
"Available for loan" reflects the approximate amount available as of the statement period ending date and should be reduced by any pending checks and Visa charges not yet cleared. This amount is the approximate amount available for withdrawal and loans. A margin loan is a variable rate loan secured by your account.

Income on non-reportable accounts
Your income summary is categorized into taxable and tax-exempt income based upon the securities that you hold. Please be aware that, since this is a 1099 non-reportable account, this income will NOT be reported to the IRS, but is being provided to you for informational purposes only.

Callable Securities
Securities that are subject to a partial call will be selected by an impartial lottery process in which the probability of your securities being selected for redemption is proportional to the holdings of all shareholders of such securities held in street name. If a security is called prior to maturity it may affect the yield you receive. Additional information is available at www.wellsfargoadvisors.com under Legal Disclosures or the written procedures are available upon request.

Cost basis - To add or update information or modify your reporting options, please contact Your Financial Advisor.

This statement presents estimated unrealized or realized gains or losses for your information only. If acquisition or other information is not available, the gain/loss information may not be displayed and section and summary totals may not reflect your complete portfolio. Cost basis information is not verified by WFCS or Wells Fargo Advisors Financial Network and should not be relied upon for legal or tax purposes. Revisions to this information (due to corporate mergers, tenders and other reorganizations) may be required from time to time.

Cost basis for factored bonds (GNMA, CMO, etc.) will be adjusted for paydown of principal. Systematic investments in mutual funds and reinvested dividends for mutual funds and stocks have been consolidated for each position. Unit cost data for systematic investments and dividend reinvestment securities is provided for informational purposes only and is a non-weighted average.

Your account statement should not be used for tax preparation without assistance from your tax consultant. We do not report capital gains or losses for non-covered securities to he IRS.

Cost basis options
Unless specific tax lots are selected at trade time, sales of tax lots will occur using the cost basis election reflected in the Account profile section.

Estimated accrued interest on Fixed Income securities
Estimated accrued interest is included in the Portfolio summary as a convenience to you and represents the estimated portion of he interest that would be received upon the sale of he Fixed Income posi ions in your account, calculated from the date of the last coupon (or dated date) through the date of the account statement, based upon information provided by the issuer. This is not a guarantee that this amount will be realized in your account. Actual income will be based upon the payout schedule of the securities held in your account. If you own a Foreign Fixed Income security, and it is denominated in a foreign currency, the Estimated accrued interest will not be accurate. 072 ANCA ANC9
26 *** THIS PAGE IS INTENTIONALLY LEFT BLANK ***
27 January 1, 2024
Portfolio Report
Prepared for: City of Malibu
Prepared by: William Gomberg
Managing Partner
Gomberg/McQuilkin Wealth Mangement Group
701 S. Parker Street
Suite 2500
Orange, CA 92868
This report is prepared by your Financial Advisor using software provided by Wells Fargo Advisors. Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC (WFAFN), a registered broker-dealer and nonbank affiliate of Wells Fargo and Company. WFAFN uses the trade name Wells Fargo Advisors. © 2024. London Stock Exchange Group. All rights reserved. Attachment 2 Page 1 of 38 28 Portfolio Reports City of Malibu
Table Of Contents
Cover Page 1
Accounts Included in the Report 3
Portfolio Summary 4
Portfolio Summary - Security Detail 5
Portfolio Estimated Income 8
Fixed Income Overview 10
Fixed Income Statistics 13
Fixed Income Credit 19
Fixed Income Analytics 20
Ratings Distribution 21
Redemption Distribution 23
Redemption Distribution Rolling 12 Months 25
Duration Distribution 27
Coupon Distribution 29
Understanding Your Portfolio 31
Disclosures 34
01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 2 of 38 29 Portfolio Reports City of Malibu
Accounts Included in the Report
Account Number Account Name Account Nickname Tax Status Int/Ext Last Updated XXXX7847 CITY OF MALIBU Exempt Internal 12/29/2023
01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 3 of 38 30 Portfolio Reports City of Malibu
Portfolio Summary
By: Security Sub Type
Bond (94.46%)
Fund (5.21%)
Cash Alternative (0.32%)
Total
$ %
Bond 84,561,595 94.5%
CITY OF MALIBU (XXXX7847) 84,561,595 94.5%
Fund 4,668,482 5.2%
CITY OF MALIBU (XXXX7847) 4,668,482 5.2%
Cash Alternative 289,410 0.3%
CITY OF MALIBU (XXXX7847) 289,410 0.3%
Portfolio Summary Total 89,519,487 100.0%
Total Portfolio Value as of 12/29/23:__$ 89,519,487
This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 4 of 38 31 Portfolio Reports City of Malibu
Portfolio Summary - Security Detail
By: Security Sub Type
Bond (94.46%)
Fund (5.21%)
Cash Alternative (0.32%)
Total
ID Description Quantity Price $ %
Bond 84,561,595 94.5%
CITY OF MALIBU (XXXX7847) 84,561,595 94.5%
02007GM34 ALLY BANK 5.25% 032425 250,000 100.20 250,503 0.3% 02589ABV3 AMERICAN 2.05% 032425 200,000 96.42 192,838 0.2% 02519ACB1 AMERICAN COM 5% 060625 250,000 100.01 250,020 0.3% 02589AET5 AMERICAN E 5.1% 052324 50,000 99.93 49,964 0.1% 045491NU7 ASSOCIATE 5.15% 052124 250,000 99.94 249,860 0.3% 06251A5N6 BANK HAPO 5.05% 112624 250,000 99.89 249,735 0.3% 06051VT89 BANK OF A 5.15% 052324 250,000 99.95 249,865 0.3% 06063HRH8 BANK OF BA 5.5% 092724 250,000 100.24 250,595 0.3% 06418CHC3 BANK OZK 5% 012224 250,000 99.98 249,958 0.3% 06740KRN9 BARCLAYS B 5.4% 032124 250,000 99.99 249,973 0.3% 07371DRD1 BEAL BANK 4.75% 022124 250,000 99.91 249,775 0.3% 05600XQK9 BMO HARRI 4.85% 052725 250,000 99.79 249,468 0.3% 05580AX58 BMW BK N A 5.1% 091725 250,000 100.33 250,820 0.3% 10421AAB3 BRADESCO B 5.2% 030424 250,000 99.98 249,943 0.3% 14042RLZ2 CAPITAL ONE 2.5% 061924 250,000 98.78 246,938 0.3% 15118RTH0 CELTIC BANK 2% 122727 250,000 90.17 225,425 0.3% 15987UAU2 CHARLES S 5.35% 032224 250,000 99.90 249,760 0.3% 75524KQH0 CITIZENS B 5.3% 032124 250,000 99.97 249,920 0.3% 99000QQW7 COMENITY BANK 2% 031826 200,000 94.21 188,410 0.2% 20033AZ58 COMENITY C 2.5% 062724 125,000 98.74 123,429 0.1% 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 5 of 38 32 Portfolio Reports City of Malibu
Total
ID Description Quantity Price $ %
200339FB0 COMERICA 5.25% 093024 250,000 100.07 250,175 0.3% 23204HNC8 CUSTOMERS 4.7% 081624 250,000 99.71 249,270 0.3% 254673Z66 DISCOVER 4.95% 111626 200,000 100.19 200,374 0.2% 359899AN1 FULTON BA 5.35% 062424 250,000 100.14 250,350 0.3% 38150VHQ5 GOLDMAN SACH 5% 052224 250,000 99.89 249,720 0.3% 41024LBS7 HANCOCK W 5.25% 022624 250,000 99.99 249,973 0.3% 42234FDP8 HEARTLAND 5.45% 042924 250,000 100.07 250,165 0.3% 564759RJ9 MANUF & TR 4.9% 120924 250,000 99.77 249,435 0.3% 61690DEM6 MORGAN STA 5.5% 092624 250,000 100.24 250,593 0.3% 67523TCE1 OCEANFIRS 5.15% 032124 250,000 99.94 249,838 0.3% 759701BH7 RENASANT B 5.3% 032124 250,000 99.97 249,920 0.3% 795451DG5 SALLIE MA 4.75% 121525 250,000 99.93 249,830 0.3% 80280JVQ1 SANTANDER 5.25% 031524 250,000 99.96 249,908 0.3% 856285V81 STATE BAN 4.95% 120225 250,000 100.23 250,585 0.3% 87165HX21 SYNCHRONY BA 5% 032426 250,000 100.38 250,958 0.3% 88241TMC1 TEXAS EXC 1.10% 102926 250,000 90.02 225,048 0.3% 90348JX96 UBS BANK 1.15% 120826 250,000 89.75 224,380 0.3% 90354KBV9 US BANK NA 5.1% 052324 250,000 99.93 249,818 0.3% 91282CFK2 UST NTS 3.5 091525 19,120,000 98.53 18,838,362 21.0% 91282CCW9 UST NTS .75% 083126 4,000,000 91.68 3,667,160 4.1% 91282CEF4 UST NTS 2.5% 033127 4,000,000 95.57 3,822,960 4.3% 91282CEK3 UST NTS 2.5% 043024 1,000,000 99.09 990,850 1.1% 91282CCX7 UST NTS .375% 091524 4,000,000 96.84 3,873,720 4.3% 912828B66 UST NTS 2.75% 021524 4,422,000 99.68 4,408,026 4.9% 91282CDZ1 UST NTS 1.5% 021525 5,215,000 96.50 5,032,631 5.6% 9128283D0 UST NTS 2.25% 103124 10,360,000 97.84 10,136,535 11.3% 91282CFE6 UST NTS 3.125% 081525 1,465,000 98.01 1,435,803 1.6% 91282CGD7 UST NTS 4.25% 123124 4,290,000 99.47 4,267,091 4.8% 91282CED9 UST NTS 1.75% 031525 9,330,000 96.63 9,015,392 10.1% 912828W71 UST NTS 2.125% 033124 4,000,000 99.20 3,968,120 4.4% 9128286L9 UST NTS 2.25% 033126 4,000,000 95.93 3,837,160 4.3% 91282CFH9 UST NTS 3.125% 083127 1,894,000 97.19 1,840,722 2.1% 947547US2 WEBBANK 5.25% 031924 250,000 99.96 249,898 0.3% 949764CT9 WELLS FARG 4.9% 052325 250,000 99.85 249,633 0.3% Fund 4,668,482 5.2%
CITY OF MALIBU (XXXX7847) 4,668,482 5.2%
FRSXX FIDELITY TREAS INSTL 4,668,482 1.00 4,668,482 5.2% Cash Alternative 289,410 0.3%
CITY OF MALIBU (XXXX7847) 289,410 0.3%
- Cash Alternative 289,410 1.00 289,410 0.3%
01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 6 of 38 33 Portfolio Reports City of Malibu
Total
ID Description Quantity Price $ %
Portfolio Summary Total 89,519,487 100.0%
Total Portfolio Value as of 12/29/23:__$ 89,519,487
This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 7 of 38 34 Portfolio Reports City of Malibu
Portfolio Estimated Income
By: Account Tax Status,Tax Type,Security Sub Type
Based on current income rates
0 100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
Est Income($)
Jan
2024
Feb
2024
Mar
2024
Apr
2024
May
2024
Jun
2024
Jul
2024
Aug
2024
Sep
2024
Oct
2024
Nov
2024
Dec
2024
Month
Tax Exempt Accounts Unassigned
Sec
Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024 Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Dec 2024 Estimated
Income
Annualzd($)
Tax Exempt
Accounts 55 24,979 219,029 714,943 160,993 94,596 136,514 23,544 136,108 597,882 140,094 41,120 133,007 2,422,810 Taxable 41 24,979 51,630 153,706 31,943 94,596 45,351 23,544 29,511 79,144 23,544 41,120 41,845 640,914 Corporate
Bond 40 4,671 31,322 133,398 11,636 74,288 25,043 3,236 9,203 58,836 3,236 20,812 21,537 397,219 Money Market
Fund 1 20,308 20,308 20,308 20,308 20,308 20,308 20,308 20,308 20,308 20,308 20,308 20,308 243,695 Federal 14 167,399 561,238 129,050 91,163 106,597 518,738 116,550 91,163 1,781,896 Government
Bond 14 167,399 561,238 129,050 91,163 106,597 518,738 116,550 91,163 1,781,896 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 8 of 38 35 Portfolio Reports City of Malibu
Sec
Jan 2024 Feb 2024 Mar 2024 Apr 2024 May 2024 Jun 2024 Jul 2024 Aug 2024 Sep 2024 Oct 2024 Nov 2024 Dec 2024 Estimated
Income
Annualzd($)
Unassigned 1 0
Not Available 1 0
Cash
Alternative 1 0
Portfolio
Estimated Income
Total
56 24,979 219,029 714,943 160,993 94,596 136,514 23,544 136,108 597,882 140,094 41,120 133,007 2,422,810 Total Portfolio Value as of 12/29/23:__$ 89,519,487
This report is not a substitute for official tax reporting. This report separates the holdings, first based on the taxability at the account level. The secondary aggregation is Tax Type which is used to aggregate securities based on their assumed taxability of income (interest and dividends) at the time of this report. Classifications are made by data sources we deem reliable; however, we do not guarantee the accuracy of these classifications. Most securities are subject to capital gains taxes and some may be considered in calculations for Alternative Minimum Tax (AMT) that are not so designated here. This report does not attempt to portray phantom income (income accreted or accrued but not paid) on discount or zero coupon securities. You should consult with your tax advisor regarding the taxability of your holdings.

The following tax type classifications may be included in this report: AMT - subject to Alternative Minimum Tax; Dividend - taxable as dividend income; Federal - income taxable by federal government (state and local income taxes may not apply); Non-Federal - income non-taxable by federal government but may be subject to state and local taxes; Taxable - income taxable by federal, state and local taxes; and Not Available - taxability undetermined.

Estimated Income Annualized (EIA) takes your current income, based on the current dividends or interest paid by your securities and multiplies it to create an annualized hypothetical figure. It does not reflect actual or future performance and should not be relied upon when making financial decisions. All annualizations are based upon current positions using a simple mathematical calculation and assumes all figures remain constant for a year; any subsequent position changes will affect these calculations. Calculations for certain types of securities could include a return of principal or capital gain, in which case the figures would be overstated. Past performance is not a guarantee of future results. Dividend payments are made solely at the discretion of the issuer and are subject to be changed or eliminated at any time. Estimated Income is an estimate and the actual income might be lower or higher than the estimated amount. Estimated Income reflects only the income generated by an investment. It does not reflect changes in price, which may fluctuate.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 9 of 38 36 Portfolio Reports City of Malibu
Fixed Income Overview
Security Sub Type Composite Ratings Estimated Income Annualized Security Sub Type Market Value($) % Fxd Inc
Government Bond 75,134,533 88.9%
Corporate Bond 9,427,062 11.1%
Security Sub Type Total 84,561,595 100.0%
Composite Ratings % Fxd Inc
Treasury 88.9%
CDs 11.1%
Agency
AAA
AA
A
BBB
Below Inv Grade
N/A
Total 100.0%
Month Estimated Income Annualized($)
Jan 2024 4,671
Feb 2024 198,721
Mar 2024 694,635
Apr 2024 140,686
May 2024 74,288
Jun 2024 116,206
Jul 2024 3,236
Aug 2024 115,800
Sep 2024 577,574
Oct 2024 119,786
Nov 2024 20,812
Dec 2024 112,699
Total 2,179,116
Taxable 2,179,116
Tax Exempt
Subject to AMT
Bond Statistics
Statistic Taxable Tax Exempt
Coupon 2.715%
Yield to Worst 5.02%
Yield at Purchase 4.44%
Total Duration: 1.4
The asset classification of Corporate Bonds includes holdings of Certificates of Deposit. Funds include open end mutual funds, exchange-traded funds, closed end funds. For specific ratings for each security, please refer to either Fixed Income Statistics or Fixed Income Credit reports.

CDs are subject to insurance limits through FDIC. Please see Understanding Your Portfolio for information on specific limits to FDIC insurance.

Composite Ratings and Bond Statistics sections do not include bond funds. Bond Statistics are weighted averages based on market value of bonds in the portfolio. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 10 of 38 37 Portfolio Reports City of Malibu
This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 11 of 38 38 Portfolio Reports City of Malibu
Fixed Income Overview - continued
Bond Term vs. Duration
0 10
20 30
40 50
60 70
80 90
100
% of Bonds
Short
0 to <5
Intermediate
5 to <10
Long
10+
N/A
Bond Duration
Bond Term vs. Duration
Total Portfolio Value as of 12/29/23 : $ 89,519,487 Callable Analysis Bond term indicates years to redemption date as defined in the Understanding Your Portfolio section. Mortgage-backed securities (MBSs) include asset-backed securities (ABSs), passthroughs and collateralized mortgage obligations (CMOs). For MBSs, the full market value is displayed at the average life of each security, when available. Duration indicates calculated option adjusted duration. 'Bonds' include preferred stocks.

In the Callable Analysis chart, MBS includes all prepaying securities. Callable value applies next call price and date to the remaining principal. Call premiums may decline subsequent to the initial call date. Extraordinary call features may exist that are not represented in this report.

Bond Term vs. Duration and Callable Analysis sections do not include bond funds.

Callable Value($) Market Value($)
MBS
0 to <1 yrs 250,000 225,048
1 to <2 yrs
2 to <3 yrs
3 to <4 yrs
4 to <5 yrs
5 to <7 yrs
7+ yrs
Not Available
Non-Callable 84,336,548
Total 250,000 84,561,595
01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 12 of 38 39 Portfolio Reports City of Malibu
Fixed Income Statistics
By: Asset Class Sub Type,Security Type Detail
Subtotals and totals are weighted averages based on market value Qty / Face Description Moody's Coupon Redemption Mkt Price Mkt Value($) Yld Price Duration Dur Cont Rem Prin Detail S&P Cpn Type Next Call Adj Price Gain/Loss($) YTW Convexity % Fxd Inc Factor ID Enhance Call Price Orig Price Purch Yld YTM % Port U.S. Taxable Investment Grade Fixed
Income 2.715% 84,561,595 1.4 1.4
345,682 5.02% 0.0 100.0%

4.44% 5.02% 94.5%
Treasury Note 2.474% 75,134,533 1.4 1.3
443,621 4.97% 0.0 88.9%

4.41% 4.97% 83.9%
-
4,422,000 US TREASURY AAA 2.750% 02/15/24 M 99.68 4,408,026 99.46 0.2 0.0 NOTES Fixed 98.54 50,607 5.33%M 0.0 5.2%
912828B66 98.54 5.06% 5.33% 4.9%
4,000,000 US TREASURY AAA 2.125% 03/31/24 M 99.20 3,968,120 98.96 0.3 0.0 NOTES Fixed 98.15 41,992 5.32%M 0.0 4.7%
912828W71 98.15 3.95% 5.32% 4.4%
1,000,000 US TREASURY AAA 2.500% 04/30/24 M 99.09 990,850 98.82 0.4 0.0 NOTES Fixed 97.93 11,521 5.41%M 0.0 1.2%
91282CEK3 97.93 4.75% 5.41% 1.1%
4,000,000 US TREASURY AAA 0.375% 09/15/24 M 96.84 3,873,720 96.25 0.8 0.0 NOTES Fixed 95.07 70,900 5.30%M 0.0 4.6%
91282CCX7 95.07 3.79% 5.30% 4.3%
10,360,000 US TREASURY AAA 2.250% 10/31/24 M 97.84 10,136,535 97.35 0.9 0.1 NOTES Fixed 97.01 86,182 5.25%M 0.0 12.0%
9128283D0 97.01 5.27% 5.25% 11.3%
4,290,000 US TREASURY AAA 4.250% 12/31/24 M 99.47 4,267,091 99.04 1.0 0.1 NOTES Fixed 98.89 24,772 5.18%M 0.0 5.0%
91282CGD7 98.89 5.18% 5.18% 4.8%
5,215,000 US TREASURY AAA 1.500% 02/15/25 M 96.50 5,032,631 95.84 1.2 0.1 NOTES Fixed 95.21 67,382 5.09%M 0.0 6.0%
91282CDZ1 95.21 4.82% 5.09% 5.6%
4,000,000 US TREASURY AAA 1.750% 03/15/25 M 96.63 3,865,120 95.95 1.2 0.1 NOTES Fixed 96.35 10,925 5.03%M 0.0 4.6%
91282CED9 96.35 3.66% 5.03% 4.3%
5,330,000 US TREASURY AAA 1.750% 03/15/25 M 96.63 5,150,272 95.95 1.2 0.1 NOTES Fixed 95.31 70,117 5.03%M 0.0 6.1%
91282CED9 95.31 4.84% 5.03% 5.8%
01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 13 of 38 40 Portfolio Reports City of Malibu
Qty / Face Description Moody's Coupon Redemption Mkt Price Mkt Value($) Yld Price Duration Dur Cont Rem Prin Detail S&P Cpn Type Next Call Adj Price Gain/Loss($) YTW Convexity % Fxd Inc Factor ID Enhance Call Price Orig Price Purch Yld YTM % Port 1,465,000 US TREASURY AAA 3.125% 08/15/25 M 98.01 1,435,803 97.23 1.6 0.0 NOTES Fixed 97.59 6,047 4.83%M 0.0 1.7%
91282CFE6 97.59 4.61% 4.83% 1.6%
4,000,000 US TREASURY AAA 3.500% 09/15/25 M 98.53 3,941,080 97.79 1.7 0.1 NOTES Fixed 99.85 -53,052 4.80%M 0.0 4.7%
91282CFK2 99.85 3.56% 4.80% 4.4%
15,120,000 US TREASURY AAA 3.500% 09/15/25 M 98.53 14,897,282 97.79 1.7 0.3 NOTES Fixed 97.78 112,207 4.80%M 0.0 17.6%
91282CFK2 97.78 4.62% 4.80% 16.6%
4,000,000 US TREASURY AAA 2.250% 03/31/26 M 95.93 3,837,160 94.87 2.2 0.1 NOTES Fixed 96.38 -18,222 4.59%M 0.1 4.5%
9128286L9 96.38 3.51% 4.59% 4.3%
4,000,000 US TREASURY AAA 0.750% 08/31/26 M 91.68 3,667,160 90.41 2.7 0.1 NOTES Fixed 91.08 24,153 4.50%M 0.1 4.3%
91282CCW9 91.08 3.52% 4.50% 4.1%
4,000,000 US TREASURY AAA 2.500% 03/31/27 M 95.57 3,822,960 94.13 3.1 0.1 NOTES Fixed 96.45 -35,172 4.41%M 0.1 4.5%
91282CEF4 96.45 3.45% 4.41% 4.3%
1,894,000 US TREASURY AAA 3.125% 08/31/27 M 97.19 1,840,722 95.63 3.5 0.1 NOTES Fixed 98.60 -26,740 4.40%M 0.1 2.2%
91282CFH9 98.60 3.47% 4.40% 2.1%
Certificates of Deposit 4.633% 9,427,062 1.0 0.1
-97,939 5.41% 0.0 11.1%

4.63% 5.41% 10.5%
-
250,000 BANK OZK CD 5.000% 01/22/24 M 99.98 249,958 99.96 0.1 0.0 LITTLE ROCK AR ACT/365 Fixed 100.00 -43 5.31%M 0.0 0.3% 06418CHC3 FDIC 100.00 5.00% 5.31% 0.3%
250,000 BEAL BANK USA CD 4.750% 02/21/24 M 99.91 249,775 99.82 0.2 0.0 LAS VEGAS NV ACT/365 Fixed 100.00 -225 5.39%M 0.0 0.3%
07371DRD1 FDIC 100.00 4.75% 5.39% 0.3%
250,000 HANCOCK WHITNEY BANK
CD 5.250% 02/26/24 M 99.99 249,973 99.94 0.2 0.0
GULFPORT MS ACT/365 Fixed 100.00 -28 5.37%M 0.0 0.3%
41024LBS7 FDIC 100.00 5.25% 5.37% 0.3%
250,000 BRADESCO BANK CD 5.200% 03/04/24 M 99.98 249,943 99.92 0.2 0.0 CORAL GABLES FL ACT/365 Fixed 100.00 -58 5.38%M 0.0 0.3% 10421AAB3 FDIC 100.00 5.20% 5.38% 0.3%
250,000 SANTANDER BANK NA CD 5.250% 03/15/24 M 99.96 249,908 99.91 0.3 0.0 WILMINGTON DE ACT/365 Fixed 100.00 -93 5.39%M 0.0 0.3%
80280JVQ1 FDIC 100.00 5.25% 5.39% 0.3%
01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 14 of 38 41 Portfolio Reports City of Malibu
Qty / Face Description Moody's Coupon Redemption Mkt Price Mkt Value($) Yld Price Duration Dur Cont Rem Prin Detail S&P Cpn Type Next Call Adj Price Gain/Loss($) YTW Convexity % Fxd Inc Factor ID Enhance Call Price Orig Price Purch Yld YTM % Port 250,000 WEBBANK CD 5.250% 03/19/24 M 99.96 249,898 99.90 0.3 0.0 SALT LAKE CITY UTACT/365 Fixed 100.00 -103 5.39%M 0.0 0.3% 947547US2 FDIC 100.00 5.25% 5.39% 0.3%
250,000 BARCLAYS BANK/DELAWAR
CD 5.400% 03/21/24 M 99.99 249,973 99.95 0.3 0.0
WILMINGTON DE ACT/365 Fixed 100.00 -28 5.38%M 0.0 0.3%
06740KRN9 FDIC 100.00 5.40% 5.38% 0.3%
250,000 CITIZENS BANK NA/RI CD 5.300% 03/21/24 M 99.97 249,920 99.92 0.3 0.0 PROVIDENCE RI ACT/365 Fixed 100.00 -80 5.39%M 0.0 0.3%
75524KQH0 FDIC 100.00 5.30% 5.39% 0.3%
250,000 OCEANFIRST BANK NA CD 5.150% 03/21/24 M 99.94 249,838 99.87 0.3 0.0 TOMS RIVER NJ ACT/365 Fixed 100.00 -163 5.39%M 0.0 0.3% 67523TCE1 FDIC 100.00 5.15% 5.39% 0.3%
250,000 RENASANT BK TUPELO MS
CD 5.300% 03/21/24 M 99.97 249,920 99.92 0.3 0.0
TUPELO MS ACT/365 Fixed 100.00 -80 5.39%M 0.0 0.3%
759701BH7 FDIC 100.00 5.30% 5.39% 0.3%
250,000 CHARLES SCHWAB BK SSB
CD 5.350% 03/22/24 M 99.90 249,760 99.88 0.3 0.0
RENO NV ACT/365 Fixed 100.00 -240 5.69%M 0.0 0.3%
15987UAU2 FDIC 100.00 5.35% 5.69% 0.3%
250,000 HEARTLAND BANK & TR CD 5.450% 04/29/24 M 100.07 250,165 100.00 0.4 0.0 BLOOMINGTON IL ACT/365 Fixed 100.00 165 5.39%M 0.0 0.3% 42234FDP8 FDIC 100.00 5.45% 5.39% 0.3%
250,000 ASSOCIATED BK GREEN B
CD 5.150% 05/21/24 M 99.94 249,860 99.81 0.5 0.0
STEVENS POINT WI ACT/365 Fixed 100.00 -140 5.41%M 0.0 0.3% 045491NU7 FDIC 100.00 5.15% 5.41% 0.3%
250,000 GOLDMAN SACHS BK USA
CD 5.000% 05/22/24 M 99.89 249,720 99.75 0.5 0.0
NEW YORK NY ACT/365 Fixed 100.00 -280 5.42%M 0.0 0.3%
38150VHQ5 FDIC 100.00 5.00% 5.42% 0.3%
50,000 AMERICAN EXPR NATL BK
CD 5.100% 05/23/24 M 99.93 49,964 99.79 0.5 0.0
SALT LAKE CTY UT ACT/365 Fixed 100.00 -37 5.41%M 0.0 0.1% 02589AET5 FDIC 100.00 5.10% 5.41% 0.1%
250,000 BANK OF AMERICA NA CD 5.150% 05/23/24 M 99.95 249,865 99.81 0.5 0.0 CHARLOTTE NC ACT/365 Fixed 100.00 -135 5.41%M 0.0 0.3%
06051VT89 FDIC 100.00 5.15% 5.41% 0.3%
250,000 US BANK NATL ASSOC CD 5.100% 05/23/24 M 99.93 249,818 99.79 0.5 0.0 MINNEAPOLIS MN ACT/365 Fixed 100.00 -183 5.41%M 0.0 0.3% 90354KBV9 FDIC 100.00 5.10% 5.41% 0.3%
01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 15 of 38 42 Portfolio Reports City of Malibu
Qty / Face Description Moody's Coupon Redemption Mkt Price Mkt Value($) Yld Price Duration Dur Cont Rem Prin Detail S&P Cpn Type Next Call Adj Price Gain/Loss($) YTW Convexity % Fxd Inc Factor ID Enhance Call Price Orig Price Purch Yld YTM % Port 250,000 CAPITAL ONE NA CD 2.500% 06/19/24 M 98.78 246,938 98.41 0.5 0.0 MCLEAN VA ACT/365 Fixed 100.00 -3,063 5.52%M 0.0 0.3%
14042RLZ2 FDIC 100.00 2.50% 5.52% 0.3%
250,000 FULTON BANK CD 5.350% 06/24/24 M 100.14 250,350 99.96 0.5 0.0 WILLIAMSPORT PA ACT/365 Fixed 100.00 350 5.40%M 0.0 0.3% 359899AN1 FDIC 100.00 5.35% 5.40% 0.3%
125,000 COMENITY CAPITAL BANK
CD 2.500% 06/27/24 M 98.74 123,429 98.34 0.6 0.0
SALT LAKE CTY UT ACT/365 Fixed 100.00 -1,571 5.49%M 0.0 0.1% 20033AZ58 FDIC 100.00 2.50% 5.49% 0.1%
250,000 CUSTOMERS BANK CD 4.700% 08/16/24 M 99.71 249,270 99.39 0.7 0.0 WEST READING PA ACT/365 Fixed 100.00 -730 5.57%M 0.0 0.3% 23204HNC8 FDIC 100.00 4.70% 5.57% 0.3%
250,000 MORGAN STANLEY BK NA
CD 5.500% 09/26/24 M 100.24 250,593 99.90 0.8 0.0
SOUTH JORDAN UT ACT/365 Fixed 100.00 593 5.57%M 0.0 0.3% 61690DEM6 FDIC 100.00 5.50% 5.57% 0.3%
250,000 BANK OF BARODA CD 5.500% 09/27/24 M 100.24 250,595 99.90 0.8 0.0 NEW YORK NY ACT/365 Fixed 100.00 595 5.57%M 0.0 0.3%
06063HRH8 FDIC 100.00 5.50% 5.57% 0.3%
250,000 COMERICA BANK TEXAS CD 5.250% 09/30/24 M 100.07 250,175 99.75 0.8 0.0 DALLAS TX ACT/365 Fixed 100.00 175 5.55%M 0.0 0.3%
200339FB0 FDIC 100.00 5.25% 5.55% 0.3%
250,000 BANK HAPOALIM BM NY CD 5.050% 11/26/24 M 99.89 249,735 99.49 0.9 0.0 NEW YORK NY ACT/365 Fixed 100.00 -265 5.59%M 0.0 0.3%
06251A5N6 FDIC 100.00 5.05% 5.59% 0.3%
250,000 MANUF & TRADERS TR CO
CD 4.900% 12/09/24 M 99.77 249,435 99.36 1.0 0.0
BUFFALO NY ACT/365 Fixed 100.00 -565 5.56%M 0.0 0.3%
564759RJ9 FDIC 100.00 4.90% 5.56% 0.3%
250,000 ALLY BANK CD 5.250% 03/24/25 M 100.20 250,503 99.71 1.2 0.0 BENSALEM PA ACT/365 Fixed 100.00 503 5.47%M 0.0 0.3%
02007GM34 FDIC 100.00 5.25% 5.47% 0.3%
200,000 AMERICAN EXPR NATL BK
CD 2.050% 03/24/25 M 96.42 192,838 95.70 1.3 0.0
SALT LAKE CTY UT ACT/365 Fixed 100.00 -7,162 5.50%M 0.0 0.2% 02589ABV3 FDIC 100.00 2.05% 5.50% 0.2%
250,000 WELLS FARGO BANK NA CD 4.900% 05/23/25 M 99.85 249,633 99.27 1.4 0.0 SIOUX FALLS SD ACT/365 Fixed 100.00 -368 5.42%M 0.0 0.3% 949764CT9 FDIC 100.00 4.90% 5.42% 0.3%
250,000 BMO HARRIS BANK NA CD 4.850% 05/27/25 M 99.79 249,468 99.18 1.4 0.0 CHICAGO IL ACT/365 Fixed 100.00 -533 5.43%M 0.0 0.3%
05600XQK9 FDIC 100.00 4.85% 5.43% 0.3%
01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 16 of 38 43 Portfolio Reports City of Malibu
Qty / Face Description Moody's Coupon Redemption Mkt Price Mkt Value($) Yld Price Duration Dur Cont Rem Prin Detail S&P Cpn Type Next Call Adj Price Gain/Loss($) YTW Convexity % Fxd Inc Factor ID Enhance Call Price Orig Price Purch Yld YTM % Port 250,000 AMERICAN COML BK & TR
CD 5.000% 06/06/25 M 100.01 250,020
OTTAWA IL ACT/365 Fixed 100.00 20 0.3%
02519ACB1 FDIC 100.00 5.00% 0.3%
250,000 BMW BK N AMERICA CD 5.100% 09/17/25 M 100.33 250,820 99.58 1.7 0.0 SALT LAKE CTY UT ACT/365 Fixed 100.00 820 5.34%M 0.0 0.3% 05580AX58 FDIC 100.00 5.10% 5.34% 0.3%
250,000 STATE BANK OF INDIA CD 4.950% 12/02/25 M 100.23 250,585 99.36 1.9 0.0 NEW YORK NY ACT/365 Fixed 100.00 585 5.29%M 0.0 0.3%
856285V81 FDIC 100.00 4.95% 5.29% 0.3%
250,000 SALLIE MAE BANK/SALT CD 4.750% 12/15/25 M 99.93 249,830 SALT LAKE CTY UT ACT/365 Fixed 100.00 -170 0.3%
795451DG5 FDIC 100.00 0.3%
200,000 COMENITY BANK CD 2.000% 03/18/26 M 94.21 188,410 92.16 2.3 0.0 WILMINGTON DE ACT/365 N/A 100.00 -11,590 5.52%M 0.1 0.2% 99000QQW7 FDIC 100.00 2.00% 5.52% 0.2%
250,000 SYNCHRONY BANK CD 5.000% 03/24/26 M 100.38 250,958 99.49 2.1 0.0 DRAPER UT ACT/365 Fixed 100.00 958 5.23%M 0.1 0.3%
87165HX21 FDIC 100.00 5.00% 5.23% 0.3%
250,000 TEXAS EXCHANGE BK SSB
CD 1.100% 10/29/26 M 90.02 225,048 89.11 2.8 0.0
CROWLEY TX ACT/365 Fixed 01/29/24 P 100.00 -24,953 5.15%M 0.1 0.3% 88241TMC1 FDIC 100.00 100.00 1.10% 5.15% 0.3%
200,000 DISCOVER BANK CD 4.950% 11/16/26 M 100.19 200,374 99.54 2.7 0.0 GREENWOOD DE ACT/365 Fixed 100.00 374 5.12%M 0.1 0.2%
254673Z66 FDIC 100.00 4.95% 5.12% 0.2%
250,000 UBS BANK USA CD 1.150% 12/08/26 M 89.75 224,380 88.89 2.9 0.0 SALT LAKE CTY UT ACT/365 Fixed 100.00 -25,620 5.14%M 0.1 0.3% 90348JX96 FDIC 100.00 1.15% 5.14% 0.3%
250,000 CELTIC BANK CD 2.000% 12/27/27 M 90.17 225,425 87.77 3.9 0.0 SALT LAKE CTY UT ACT/365 Fixed 100.00 -24,575 5.36%M 0.2 0.3% 15118RTH0 FDIC 100.00 2.00% 5.36% 0.3%
Fixed Income Statistics Total 2.715% 84,561,595 1.4 1.4 345,682 5.02% 0.0 100.0%

4.44% 5.02% 94.5%
Total Portfolio Value as of 12/29/23:__$ 89,519,487
Yield Price as of 11/30/23
01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 17 of 38 44 Portfolio Reports City of Malibu
Rem Prin - Remaining Principal is the amount of principal which, as of a given date, has not yet been paid on a fixed income security (original face value multiplied by the factor).

Factor represents the portion of principal remaining on a security subject to principal prepayments (such as a mortgage-backed security). A factor of .87654321 on an original face of $100,000 would indicate that $87,654.32 in principal remained.

Enhance - Indicates that there is a form of credit enhancement such as collateralization or bond insurance which may vary in credit quality. The ratings displayed are the higher of the credit rating of the bond insurer or of the underlying credit of the issuer. Acronyms indicate insurance or type of collateral. See Understanding Your Portfolio section for more details.

CDs are subject to insurance limits through FDIC. Please see Understanding Your Portfolio for information on specific limits to FDIC insurance.

The coupon rate is the interest rate stated on a bond, note or other fixed income security, expressed as a percentage of the principal. Adjustable rate coupon securities will be shown at the current coupon rate if known; actual coupon rates may vary. There is no assurance that coupons will be paid. Past Performance is not a guarantee of future results. Range Notes will carry a coupon of 0%.

Coupon Types: Adj (Adjustable rate), Fixed (Fixed rate), Step (Step up or down), Struct (Structured Product Securities), Zero (Zero Coupon), PIK (Payment-in-kind) Redemption is the date the security is scheduled to be redeemed. Types: M - maturity, R - refunded, T - mandatory tender/put, P - perpetual (displays date of report plus sixty years), D - Dutch auction or optional tender, A - estimated average life of prepaying securities.

Next call is the next date, prior to maturity, on which a callable security may be redeemed by the issuer. Call Price is the price, specified at issuance, at which a bond or preferred stock can be redeemed.

Call Types: C - Optional Premium Call, P - Optional Par Call.

Adjusted Price is the original price adjusted for accretion for a discount and amortization for a premium.

Purchase Yield is the yield to worst based on original price and purchase date.

Yield Price is the recent market price which is used to calculate yields, duration, convexity, etc. The date of the yield price is displayed beneath the table.

YTW - Yield to Worst indicates the lowest of yields to calls or the yield to maturity, calculated at yield price and not at current market price. The Yield Code next to YTW indicates the date/price to which the yield has been calculated. Codes: C = next call, P = par call, W = middle call, R = pre-refunding, M = maturity of issue, A = estimated average life on principal paydown securities, T = next mandatory put/tender, F = called in full.

YTM (Yield to Maturity) is calculated to the redemption date based on the yield price and not on current market price.

Duration - Duration, where available, is Modified Duration. It is used to provide a measurement of price volatility. For example, a duration of 4 means that a shift in prevailing rates 100 basis points (1%) in a 1 year period should shift the price in the opposite direction by 4%. Duration will not be calculated on Structured Products or other securities for which required data is not available. Modified Duration, unlike Effective Duration, assumes cash flows do not change and does not take into account embedded call options.

Convexity - Convexity measures the speed with which the duration will change with movements in interest rates. For example, on a bond with negative convexity, the duration will shorten with falling interest rates which will reduce the impact of duration of this security on the portfolio. Convexity is reflected at both the security level and at the subtotal level for fixed income classification calculated as a weighted average.

Duration Contribution - The duration contribution is the impact of this bond's duration on the fixed income portion of the portfolio. Example, if bond has a duration of 3 and its market value is 5% of the fixed income, the duration contribution will be 0.15 (3 x .05).

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 18 of 38 45 Portfolio Reports City of Malibu
Fixed Income Credit
By: Rating Type,Composite Rating
Subtotals and totals are weighted averages based on market value Securities Weighted Avg Cpn Market Value($) Percent of
Fxd Inc Port
Investment Grade 54 2.715% 84,561,595 100.0% 94.5%
Treasuries 14 2.474% 75,134,533 88.9% 83.9%
CDs 40 4.633% 9,427,062 11.1% 10.5%
Fixed Income Credit Total 54 2.715% 84,561,595 100.0% 94.5% Total Portfolio Value as of 12/29/23:__$ 89,519,487
CDs are subject to insurance limits through FDIC. Please see Understanding Your Portfolio for information on specific limits to FDIC insurance.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 19 of 38 46 Portfolio Reports City of Malibu
Fixed Income Analytics
By: Security Type Detail
Subtotals and totals are weighted averages based on market value Securities Weighted Avg Cpn YTW YTM Dur Conv Dur Cont Percent of Fxd Inc Port
Treasury Note 14 2.474% 4.97% 4.97% 1.4 0.0 1.3 88.9% 83.9% Market Value: $ 75,134,533
Certificates of Deposit 40 4.633% 5.41% 5.41% 1.0 0.0 0.1 11.1% 10.5% Market Value: $ 9,427,062
Fixed Income Analytics Total 54 2.715% 5.02% 5.02% 1.4 0.0 1.4 100.0% 94.5% Market Value: $ 84,561,595
Total Portfolio Value as of 12/29/23:__$ 89,519,487
Yield Price as of 11/30/23
The coupon rate is the interest rate stated on a bond, note or other fixed income security, expressed as a percentage of the principal. Variable rate coupon securities will be shown at the current coupon rate if known; actual coupon rates may vary. There is no assurance that coupons will be paid. Past Performance is not a guarantee of future results. Range Notes will carry a coupon of 0%.

Yields, duration, and convexity are reflected at both the subtotal and total levels for fixed income classifications calculated as a weighted average.

YTW - Yield to Worst indicates the lowest of yields to calls or the yield to maturity, calculated at yield price and not at current market price.

YTM (Yield to Maturity) is yield calculated to the redemption date based on the yield price and not on current market price.

Dur - Duration, where available, is Modified Duration. It is used to provide a measurement of price volatility. For example, a duration of 4 means that a shift in prevailing rates 100 basis points (1%) in a 1 year period should shift the price in the opposite direction by 4%. Duration will not be calculated on Structured Products or other securities for which required data is not available. Modified Duration, unlike Effective Duration, assumes cash flows do not change and does not take into account embedded call options.

Conv - Convexity - Convexity measures the speed with which the duration will change with movements in interest rates. For example, on a bond with negative convexity, the duration will shorten with falling interest rates which will reduce the impact of duration of this security on the portfolio. Convexity is reflected at both the security level and at the subtotal level for fixed income classification calculated as a weighted average.

Dur Cont - Duration Contribution - The duration contribution is the impact of this bond's duration on the fixed income portion of the portfolio. Example, if bond has a duration of 3 and its market value is 5% of the fixed income, the duration contribution will be 0.15 (3 x .05).

Yield Price is the recent market price which is used to calculate yields, duration, convexity, etc. The date of this price is noted below the table.

AAAAAABBB
BB
B
CCC
CC
C
D
UnratedNot Available
Government Bond Corporate Bond
Composite Rating Market Value($) Weighted Avg Cpn Weighted Avg Cpn Remaining
Treasuries 75,134,533 2.474% 4.633%
Government Bond 75,134,533 2.474% 4.633%
CDs 9,427,062 4.633% 2.474%
Corporate Bond 9,427,062 4.633% 2.474%
Ratings Distribution Total 84,561,595 2.715% 0.000%
Composite Ratings: Treasuries, Agencies, AAA, AA, A, BBB, BB, B, CCC, CC, C, D, Unrated and Not Available.

Treasuries are direct U.S. Government securities. Agencies include U.S. Government backed agencies and U.S. Government sponsored entities. Agency securities that are below AAA credit quality will be displayed based on their credit rating. Should the ratings services differ, the Composite Rating will identify the bond in the lower of the two ratings. AAA Composite Ratings are securities rated AAA by one or both services without the credit enhancement of insurance.

The asset classification of Corporate Bonds includes holdings of Certificates of Deposit. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 21 of 38 48 Portfolio Reports City of Malibu
The coupon rate is the interest rate stated on a bond, note or other fixed income security, expressed as a percentage of the principal. Adjustable rate coupon securities will be shown at the current coupon rate if known; actual coupon rates may vary. There is no assurance that coupons will be paid. Past Performance is not a guarantee of future results. Range Notes will carry a coupon of 0%.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 22 of 38 49 Portfolio Reports City of Malibu
Redemption Distribution
By: Redemption Date
Coupon subtotals and totals are weighted averages based on redemption value 0 10,000
20,000
30,000
40,000
Redemption Value($)
(000s)
2023
20242025
2026
2027
2028
2029
2030
203120322033
2034
2035
2036
2037
2038
2039
2040
2041
2042
2043+
Perpetual
Year Redemption Value($) Weighted Avg Cpn Weighted Avg Cpn Remaining
2024 34,247,000 2.839% 2.604%
2025 37,080,000 2.825% 2.601%
2026 9,150,000 1.662% 2.819%
2027 6,144,000 2.672% 2.699%
Redemption Distribution Total 86,621,000 2.697% 0.000%
01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 23 of 38 50 Portfolio Reports City of Malibu
Mortgage Backed
Securities
Redemption Value (Remaining Principal):__$ 0
Securities with Undefined Redemption Value
Market Value:__$ 0
This report shows the schedule of principal payments of securities calculated as of the date of the report. Payments are not guaranteed. Unforeseen events could occur which could cause the estimated principal payments to differ from stated values. Bonds in default will not display a redemption value. The redemption value applies the redemption price to the remaining principal or the number of shares.

These schedules assume that bonds are not called. Call features may be exercised as stated elsewhere at any time. On Treasury Inflation Index securities (TIPs), we have applied the most recent Index Ratio to the redemption price. Actual redemption value will not be less than the face amount on TIPs if held to maturity. 100% Principal protected structured products (when held to maturity) will be displayed at their face amount as the redemption value.

Mortgage Backed Securities (MBSs) are not represented in this report as it is not possible to accurately predict principal prepayments.

Securities with Undefined Redemption Value, such as mandatory convertible securities and structured products (other than those with 100% principal protection), do not have a defined redemption value and are not represented in the bar charts. The market value of these securities is displayed beneath the table. These securities will display N/A as the redemption value in the year of their scheduled redemption.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 24 of 38 51 Portfolio Reports City of Malibu
Redemption Distribution Rolling 12 Months
By: Security Sub Type
Redemption Values are stated in thousands
0 1,485,000
2,970,000
4,455,000
5,940,000
7,425,000
8,910,000
10,395,000
Est Income($)
Jan
2024
Feb
2024
Mar
2024
Apr
2024
May
2024
Jun
2024
Jul
2024
Aug
2024
Sep
2024
Oct
2024
Nov
2024
Dec
2024
Month
Government Bond Corporate Bond
___Jan
2024
___Feb
2024
___Mar
2024
___Apr
2024
___May
2024
___Jun
2024
___Jul
2024
___Aug
2024
___Sep
2024
___Oct
2024
___Nov
2024
___Dec
2024
Total
Prin($)
Government Bond 4,422 4,000 1,000 4,000 10,360 4,290 28,072 Corporate Bond 250 500 2,000 250 1,050 625 250 750 250 250 6,175 Redemption Distribution
Rolling 12 Months Total 250 4,922 6,000 1,250 1,050 625 250 4,750 10,360 250 4,540 34,247 Current Market Value of Securities with Undefined Redemption Value:__$ 0 Total Portfolio Value as of 12/29/23:__$ 89,519,487
This report shows the schedule of principal payments of securities calculated as of the date of the report. Payments are not guaranteed. Unforeseen events could occur which could cause the estimated principal payments to differ from stated values. Bonds in default will not display a redemption value. The redemption value applies the redemption price to the remaining principal or the number of shares.

These schedules assume that bonds are not called. Call features may be exercised as stated elsewhere at any time. On Treasury Inflation Index securities (TIPs), we have applied the most recent Index 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 25 of 38 52 Portfolio Reports City of Malibu
Ratio to the redemption price. Actual redemption value will not be less than the face amount on TIPs if held to maturity. 100% Principal protected structured products (when held to maturity) will be displayed at their face amount as the redemption value.

The asset classification of Corporate Bonds includes holdings of Certificates of Deposit.

Mortgage Backed Securities (MBSs) are not represented in this report as it is not possible to accurately predict principal prepayments.

Securities with Undefined Redemption Value, such as mandatory convertible securities and structured products (other than those with 100% principal protection), do not have a defined redemption value and are not represented in the table. The market value of these securities that have a redemption date within the next 12 months is displayed beneath the table.

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Duration Distribution
By: Duration,Security Sub Type
Duration subtotals and totals are weighted averages based on market value 0 10,000
20,000
30,000
40,000
50,000
Market Value ($)
(000s)
<1 1 2 3 4 5 6 7 8 9 10+ N/A
Government Bond Corporate Bond
Duration Market Value($) Weighted Avg
Duration
Weighted Avg
Duration Remaining
< 1 to 1 29,546,024 0.6 1.8
Government Bond 23,377,251 0.6 1.7
Corporate Bond 6,168,772 0.5 1.4
1 to < 2 40,033,126 1.4 1.3
Government Bond 38,589,280 1.4 1.3
Corporate Bond 1,443,846 1.5 1.4
2 to < 3 8,593,489 2.5 1.2
Government Bond 7,504,320 2.4 1.3
Corporate Bond 1,089,169 2.6 1.4
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Duration Market Value($) Weighted Avg
Duration
Weighted Avg
Duration Remaining
3 to < 4 5,889,107 3.3 1.2
Government Bond 5,663,682 3.2 1.2
Corporate Bond 225,425 3.9 1.4
N/A 499,850
Corporate Bond 499,850
Duration Distribution Total 84,561,595 1.4 0.0
On the x -axis: <1 contains duration values less than 1; 1 contains duration values greater than or equal to 1 and less than 2; 2 contains duration values greater than or equal to 2 and less than 3, etc. 10+ contains duration values greater than or equal to ten.

The asset classification of Corporate Bonds includes holdings of Certificates of Deposit.

Weighted Average Duration: Duration is reflected at both the security level and at the subtotal and total levels. At the subtotal and total levels, weighted average duration has been calculated based on the market value of the securities within that grouping.

Weighted Average Duration Remaining is the weighted average duration remaining of the portfolio excluding the security.

The duration distribution will allow you to analyze which securities impact your portfolio for a given range of duration. For example, if you wish to shorten your duration to lessen interest rate risk (i.e. you expect rates to rise), look to the higher duration securities as possible candidates for swapping into shorter duration securities. Conversely, should you wish to increase your portfolio's sensitivity to interest rates (i.e. you expect rates to fall), look to swap shorter duration securities into longer duration securities.

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Coupon Distribution
By: Coupon,Coupon Type
Coupon subtotals and totals are weighted averages based on market value 0 5,000
10,000
15,000
20,000
25,000
30,000
Market Value ($)
(000s)
0 1 2 3 4 5 6 7 8+ N/A
Fixed Coupon Not Available
Coupon Market Value($) Weighted Avg Cpn Weighted Avg Cpn Remaining
0 to < 1 7,540,880 0.557% 2.926%
Fixed Coupon 7,540,880 0.557% 2.926%
1 to < 2 14,497,451 1.644% 2.936%
Fixed Coupon 14,497,451 1.644% 2.936%
2 to < 3 28,140,691 2.352% 2.896%
Fixed Coupon 27,952,281 2.354% 2.893%
Not Available 188,410 2.000% 2.716%
3 to < 4 22,114,887 3.444% 2.456%
Fixed Coupon 22,114,887 3.444% 2.456%
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Coupon Market Value($) Weighted Avg Cpn Weighted Avg Cpn Remaining
4 to < 5 6,215,460 4.435% 2.578%
Fixed Coupon 6,215,460 4.435% 2.578%
5 to < 6 6,052,226 5.220% 2.521%
Fixed Coupon 6,052,226 5.220% 2.521%
Coupon Distribution Total 84,561,595 2.715% 0.000%
On the X-axis, 0% coupon includes all bonds with current coupons of less than 1%; 1% coupon includes bonds with coupons of less than 2% but equal to or greater than 1%, etc.

This report is not complete without the Understanding Your Portfolio report which contains important terms and definitions. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 30 of 38 57 Portfolio Reports City of Malibu
Understanding Your Portfolio
General Information
Investing involves risk, including the possible loss of principal. This report is intended to provide you with a descriptive overview of your current portfolio. The report may encompass one account or multiple accounts as specified in the report. The material has been prepared or is distributed solely for information purposes and does not supersede the proper use of your Wells Fargo Advisors client statements and/or trade confirmations, which are considered to be the official and accurate records of your account activity. Any market prices are only indications of market values, are subject to change, and may not reflect the value at which the securities could be sold. Reported prices should not be considered actual bids. For these reports, in certain groupings, Corporate Bonds includes Certificates of Deposit. Additionally, the report is prepared as of trade date, rather than settlement date, and may be prepared on a different date than your statement. The information contained in this report may not reflect all holdings or transactions, their costs, or proceeds in your account.

The report may also include information you provided about assets held at other firms. Information on assets held away from Wells Fargo Advisors was provided by you and may not be covered by SIPC. We have relied solely on information from you regarding those assets. We do not verify or confirm those assets held with other firms or affiliates and you are responsible for notifying your Financial Advisor of any changes in your externally held investments including cost basis.

Incomplete or inaccurate cost basis will affect your plan results because the tax assumptions are incorrect. Due to timing issues, if this report includes assets held at a Trust Company, positions and market data should be verified. Before making any decisions please validate your account information with your Financial Advisor. The financial data used to generate this report is provided to Wells Fargo Advisors by third party vendors. While this information is believed to be reliable, it has not been verified. Security ID will be ticker symbol, CUSIP number, Security Number or, if you have provided us with a market value of a generic asset classification type, we will assign a dash.

This report is not complete unless all pages noted are included. For more detailed information, including current pricing, call your Financial Advisor.

To the extent that this report includes fixed income securities, you should be aware that the descriptions of fixed income securities are general in nature and do not reflect important information that you should consider, such as but not limited to, yield, call features, credit quality, and various tax implications. Before making any decisions regarding fixed income investments, contact your advisor to obtain more detailed information regarding specific fixed income securities.

Asset classification of holdings in external accounts where classification is not readily available may be assigned to a multi-asset class category or reassigned into additional asset classes by your Financial Advisor which may not be the most accurate asset class based on the holding's characteristics and risk profile. It is your responsibility to review the asset classification for external accounts and notify us of any changes.

Asset Classes for mutual funds, variable annuities and exchange-traded funds are derived from Morningstar Categories. Underlying holdings classification provided by Morningstar. ©2024 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

External Accounts Included in Your Report
As a service, we may have included your assets and/or your liabilities held at other financial institutions. We assume no responsibility for the accuracy or completeness of the information you provided either to your Financial Advisor or through any third party aggregation service regarding your assets or liabilities held at other firms. We may update the pricing of these securities; however, there may be cases when updating prices is not possible. In addition, any transactions, values or changes in your external accounts will not be reflected unless you provide updated information to your Financial Advisor. In instances where you use a third party aggregation service, we rely on you to take action when notified by the third party service that updates are needed. The accuracy and completeness of the information you provide may materially affect the results and any recommendations contained in this report.

If we have included or if you have provided us with information on accounts managed by you or an affiliate of Wells Fargo Advisors, including self-directed WellsTrade accounts at Wells Fargo Advisors, and fiduciary accounts at Wells Fargo Bank, N.A., you should understand that Wells Fargo Advisors has no authority to manage, direct or influence the accounts. With respect to such accounts, the Strategic Allocation listed in this report is for informational purposes only and should not be considered a recommendation from Wells Fargo Advisors or your Financial Advisor. The views, opinions, asset allocation models and forecasts may differ from our affiliates.

By providing you this report, neither the firm nor your Financial Advisor is acting as a fiduciary for purposes of ERISA or section 4975 of the Code with respect to any external ERISA-covered employee benefit plan or any external individual retirement account in either the planning, execution or provision of this analysis, unless separately contracted to act as a fiduciary with respect to such an account. Any asset allocation information presented in this report for external 401(k), 403(b), Government 457(b), Defined Benefit Plan, Trustee Defined Profit Sharing Plan or individual retirement accounts is for general asset allocation education and informational purposes only and should not be viewed as fiduciary investment advice.

All yields, durations and convexities are calculated at the "Yield Price" listed on the report. The date of the yield price is stated under the report table. The calculations are updated approximately once per month. Should there be significant changes in interest rates we will update the calculations more frequently. By comparing the yield price to the market price you can see how the market has changed since the calculations. For example, if the market price is greater than the yield price then currently calculated yields would be lower.

Weighted average coupon: At the subtotal and total levels, the weighted average coupon has been calculated based on the market value of the securities within that grouping.

Redemption date indicated is either maturity date (M), pre-refunded date (R), mandatory put or tender date (T), Dutch auction date or optional tender date (D), display date on perpetual securities (sixty years from report date) (P) or the date which would represent the average life of the maturity when measured from the date of this report (A). Because perpetual securities do not have a stated maturity date, we assign a date of sixty years from the date of the report to enable us to provide approximate yields and durations.

Yield to worst is the lowest of all yields to calls or the yield to maturity. Yield to maturity is the yield that would be realized on a fixed income security if it were held to the maturity date. Yield at purchase is calculated based on the purchase date and price of each position (if available) and represents the yield to worst at the time of purchase. At the subtotal and total levels, yields are weighted averages for that grouping. Duration, if available, is option adjusted duration and is used to provide a measurement of price volatility.
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Enhancements used for this analysis may include Bond Insurance, Federal Deposit Insurance Corporation (FDIC) and escrowed collateral on refunded bonds (typically in US Government securities). The terms of enhancements vary and assumptions cannot be made as to specific issuers or issues. This report is not meant to indicate that "non-enhanced" securities are of lesser credit quality than those with secondary credit enhancement. Insurance pertains to the timely payment of principal and interest by the issuer of the underlying securities and not the price of the bond, which will fluctuate prior to maturity.

Types of enhancements include but are not limited to:

Pre-ref - Indicates that the security has been pre-refunded, is collateralized (typically in US Government Securities) and is scheduled to be redeemed at the stated redemption date.

ETM - Indicates that the security has been escrowed to maturity (collateralized, typically in U.S.

Government securities).

FDIC - Federal Deposit Insurance Corporation
MBIA - Municipal Bond Insurance Association
FGIC - Financial Guaranty Insurance Company
AMBAC - American Municipal Bond Assurance Corporation
FSA - Financial Security Assurance, Inc.

Assured Gty. - Assured Guaranty Corp.

BHAC - Berkshire Hathaway Assurance
CIFG - CIFG Assurance North America, Inc.

AGM(f.FSA) - Assured Guaranty Municipal Corp.

AGC - Assured Guaranty Corp.

NATL-RE(f.MBIA) - National Public Finance Guaranty Corp. (MBIA's public finance subsidiary) Syncora(f.XLCA) - Syncora Guarantee (Formerly XL Capital Assurance).

PSF - Permanent School Fund.

MAC - Municipal Assurance Corp.

BAM - Build America Mutual Assurance Corp.

Q-SBLF - Qualified School Bond Loan Fund.

RADIAN - Radian Group Inc.

ACA - ACA Financial Guaranty Corp.

FHA - Federal Housing Administration.

FHLMC - Federal Home Loan Mortgage Corp.

FNMA - Federal National Mortgage Association.

GNMA - Government National Mortgage Association.

SECT8 - Section 8.

Rating Types: Government/Agencies, Investment Grade, High Yield, Distressed Debt, Defaulted, Not Available, Not Applicable.

Composite Ratings: Treasuries, Agencies, AAA, AA, A, BBB, BB, B, CCC, CC, C, D, and Unrated.

A measure of the quality and safety of a bond, based on the issuer's financial condition. More specifically, an evaluation from a rating service indicating the likelihood that a debt issuer will be able to meet scheduled interest and principal repayments.

AAA Maximum Safety; AA High Grade High Quality; A Upper Medium Grade; BBB Lower Medium Grade; BB Speculative; B Highly Speculative; CCC Substantial Risk; CC Extremely Speculative; C May be in Default; D Default.

Composite Ratings are based on Moody's and Standard & Poor's and reflect the lower of the two rating services if such ratings differ.

Asset Class Descriptions
The asset class descriptions below are included solely to provide insight into how individual securities are tied to specific asset classes. We use our best efforts to correctly classify investments. However, no warranty of accuracy is made.

Alternative investments: Alternative investments, such as hedge funds, private capital, and private real estate funds, are speculative and entail significant risks that can include losses due to leveraging or other speculative investment practices, lack of liquidity, volatility of returns, restrictions on transferring interests in a fund, potential lack of diversification, absence and/or delay of information regarding valuations and pricing, complex tax structures and delays in tax reporting, less regulation, and higher fees than mutual funds. Hedge fund, private capital, and private real estate fund investing involve other material risks, including capital loss and the loss of the entire amount invested. They are intended for qualified, financially sophisticated investors who can bear the risks associated with these investments. Hedge fund strategies, such as Equity Hedge, Event Driven, Macro, and Relative Value, may expose investors to risks such as short selling, leverage, counterparty, liquidity, volatility, the use of derivative instruments, and other significant risks.

Cash alternatives: Each type of cash alternatives, such as bank certificates of deposits, Treasury bills, and ultrashort bond mutual funds, has advantages and disadvantages. They typically offer lower rates of return than longer-term equity or fixed-income securities and may not keep pace with inflation over extended periods of time. While government securities are backed by the full faith and credit of the federal government as to payment of principal and interest if held to maturity and are considered free from credit risk, they are subject to interest rate risk.

Commodities: Exposure to the commodities markets may subject an investment to greater share price volatility than an investment in traditional equity or debt securities. The commodities markets are considered speculative, carry substantial risks, and have experienced periods of extreme volatility. Commodities may be affected by changes in overall market movements, commodity index volatility, changes in interest rates, or other factors affecting a particular industry or commodity.

Equities: Equity securities are subject to market risk, which means their value may fluctuate in response to general economic and market conditions and the perception of individual issuers.

Investments in equity securities are generally more volatile than other types of securities. Midand small-cap stocks are generally more volatile, are subject to greater risks, and are less liquid than large-company stocks. Preferred stocks are subject to issuer-specific and market risks. They are generally subordinated to bonds or other debt instruments in an issuer's capital structure, subjecting them to a greater risk of nonpayment than more senior securities.

Fixed income: Investments in fixed-income securities are subject to interest rate, credit/ default, call, liquidity, inflation, and other risks. Bond prices fluctuate inversely to changes in interest rates. Therefore, a general rise in interest rates can result in a decline in the bondâ##s price. Credit risk is the risk that an issuer will default on payments of interest and/or principal.

This risk is heightened in lower-rated bonds. If sold prior to maturity, fixed-income securities are subject to market risk. All fixed-income investments may be worth less than their original cost upon redemption or maturity. Inflation-link fixed-income securities are subject to interest rate risk, especially when real interest rates rise. Municipal bonds offer interest payments exempt from federal taxes, and potentially state and local income taxes. These bonds are subject to interest rate and credit/default risk and potentially the alternative minimum tax (AMT). Quality varies widely depending on the specific issuer. Preferred securities are subject to interest rate and credit risks and are generally subordinated to bonds or other debt instruments in an issuer's capital structure, 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 32 of 38 59 Portfolio Reports City of Malibu
subjecting them to a greater risk of non-payment than more senior securities. In addition, the issue may be callable which may negatively impact the return of the security. Preferred dividends are not guaranteed and are subject to deferral or elimination.

Foreign investing: Investing in foreign securities presents certain risks not associated with domestic investments, such as currency fluctuation, political and economic instability, and different accounting standards. This may result in greater share price volatility. These risks are heightened in emerging and frontier markets
Infrastructure: Investments in infrastructure companies expose an investment to potentially adverse economic, regulatory, political, and other changes affecting such companies.

Infrastructure companies may also be subject to various other risks, including governmental regulations, high interest costs associated with capital construction programs, costs associated with compliance and changes in environmental regulation, economic slowdown and surplus capacity, competition from other providers of services, and other factors.

Master limited partnerships (MLPs): Investment in master limited partnerships (MLPs) involves certain risks that differ from an investment in the securities of a corporation. MLPs may be sensitive to price changes in oil, natural gas, etc.; regulatory risk; and rising interest rates. A change in the current tax law regarding MLPs could result in the MLP being treated as a corporation for federal income tax purposes, which would reduce the amount of cash flows distributed by the MLP. Other risks include the volatility associated with the use of leverage, volatility of the commodities markets, market risks, supply and demand, natural and man-made catastrophes, competition, liquidity, market price discount from net asset value, and other material risks.

Real estate: Investing in real estate has special risks, including the possible illiquidity of the underlying properties, credit risk, interest rate fluctuations, and the impact of varied economic conditions.

Timberland is an investment in land that produces timber. The two main underlying assets are tree farms and managed natural forests. Returns on Timberland typically come from timber price appreciation, biological growth of trees, and land price appreciation.

Capitalization: Market capitalization definitions differ but one example of capitalization methodology is that of Morningstar, which defines 'large-capitalization' stocks as those stocks that form the top 70% of the market capitalization of the stocks eligible to be included in the Morningstar US Market Index (a diversified broad market index that represents approximately 97% of the market capitalization of publicly traded U.S. Stocks). The Morningstar index methodology defines 'mid-capitalization' stocks as those stocks that form the 20% of market capitalization between the 70th and 90th percentile of the market capitalization and 'small-capitalization' stocks as those stocks that form the 7% of market capitalization between the 90th and 97th percentile of the market capitalization of the stocks eligible to be included in the Morningstar US Market Index Investing in small and mid-cap companies involve additional risks such as limited liquidity and greater volatility.

Term: Short-term bonds have effective maturities of five years or less, intermediate bonds have effective maturities between five and ten years; and long-term bonds have maturities of ten years or longer.

Income from tax exempt bonds is generally free from federal and state taxes for residents of the issuing state. While the interest income is tax-free, capital gains if any are subject to taxes. Income of certain tax-exempt bonds may be subject to the Federal Alternative Minimum Tax (AMT) PM-03202025-5965702.1.1
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Disclosures
Asset Class Descriptions
The asset class descriptions below are included solely to provide insight into how individual securities are tied to specific asset classes. We use our best efforts to correctly classify investments. However, no warranty of accuracy is made.

Equities: Equity securities are subject to market risk, which means their value may fluctuate in response to general economic and market conditions and the perception of individual issuers.

This risk is heightened in lower-rated bonds. If sold prior to maturity, fixed-income securities are subject to market risk. All fixed-income investments may be worth less than their original cost upon redemption or maturity. Inflation-link fixed-income securities are subject to interest rate risk, especially when real interest rates rise. Municipal bonds offer interest payments exempt from federal taxes, and potentially state and local income taxes. These bonds are subject to interest rate and credit/default risk and potentially the alternative minimum tax (AMT). Quality varies widely depending on the specific issuer. Preferred securities are subject to interest rate and credit risks and are generally subordinated to bonds or other debt instruments in an issuer's capital structure, subjecting them to a greater risk of non-payment than more senior securities. In addition, the issue may be callable which may negatively impact the return of the security. Preferred dividends are not guaranteed and are subject to deferral or elimination.

Other risks include the volatility associated with the use of leverage, volatility of the commodities markets, market risks, supply and demand, natural and man-made catastrophes, competition, liquidity, market price discount from net asset value, and other material risks.

Annuities:

Annuities are long-term investments and may be subject to market fluctuations and investment risk. Many annuities offer guarantees that provide protection of an income stream or an account value. All guarantees are subject to the claims paying ability of the issuing insurance companies.

Annuity features and benefits vary and all annuity modeling in Envision is based on a set of general product assumptions. For specific details about how your annuity works, consult your annuity policy. Annuity assumptions are based on general product features and benefit modeling assumptions. The actual features and values of your specific contract may vary, and are determined by the contract terms and the underwriting insurance carrier. For the specific details of your features and benefits, please refer to your contract. Any annuity income amounts displayed on this report may not represent the actual amount available under your rider. Please contact the insurance company for specific income amounts available under your policy.

RMD:

Required Minimum Distributions (RMDs) are provided by a source that is deemed to be reliable.

Assets that are held are not included in the RMD calculation. Please note that these calculations are hypothetical and do not replace actual required minimum distribution calculations which should be made each year on an individualized basis.

Investment Interest/Dividends:
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The Current Year view takes your current income, based on the current dividends or interest paid by your securities and multiplies it to create an annualized hypothetical figure. It does not reflect actual or future performance and should not be relied upon when making financial decisions.

All annualizations are based upon current positions using a simple mathematical calculation and assumes all figures remain constant for a year; any subsequent position changes will affect these calculations. Calculations for certain types of securities could include a return of principal or capital gain, in which case the figures would be overstated. Past performance is not a guarantee of future results. Dividend payments are made solely at the discretion of the issuer and are subject to be changed or eliminated at any time. Estimated Income is an estimate and the actual income might be lower or higher than the estimated amount. Estimated Income reflects only the income generated by an investment. It does not reflect changes in price, which may fluctuate.

Yield assumptions do not apply to Envision and are reflected only in the Income Dashboard.

Adjustments to default yields are permitted within an allowable range and may have been adjusted by your Financial Advisor.

General Information
Most securities are subject to capital gains taxes and some may be considered in calculations for Alternative Minimum Tax (AMT) that are not so designated here. This report does not attempt to portray phantom income (income accreted or accrued but not paid) on discount or zero coupon securities. You should consult with your tax advisor regarding the taxability of your holdings.

The Retirement Spending, Other Goals and Income Sources are based off of your Envision Plan.

However, your FA may have chosen to exclude certain cash flows for the purpose of this report.

Taxes
The tax assumptions are based on US federal and state tax rates. Inflation assumptions are based on historical and expected US inflation assumptions. Therefore, results for non-US residents may not be accurate as the actual tax and inflation rates for countries outside of the US may vary significantly from these assumptions. This report does not account for any currency fluctuations which may affect the relative value of cash flows outside of the United States. These currency fluctuations could significantly impact one's ability to meet financial goals.This report is not a substitute for official tax reporting.

The estimated taxes due calculations follow general US federal tax laws. Estimated taxes are calculated for ordinary income, qualified investment income, as well as gains or losses based off the Income Gap calculated value. The taxes are calculated after deductions (including state taxes) and exemptions are applied to the taxable income. The Income Gap calculated value is the amount of investment principal needed to meet the remainder of the Total Spending Goal after all income is spent.

This report is not a substitute for your own records and the year-end 1099 form. Cost data and acquisition dates provided by you are not verified by our firm. Our firm does not render legal, accounting or tax advice. Please consult your legal tax advisors before taking any action that may have tax consequences.

Effective tax rates may have been adjusted by your Financial Advisor. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 35 of 38 62 Portfolio Reports City of Malibu
Strategic Allocations (Standard)
Additional firm-sponsored strategic allocation models may be selected for your Investment Plan that may include updated asset allocation assumptions or may vary slightly from these standard strategic allocation models. Please refer to your Current vs. Strategic Allocation page for an illustration of the allocation mix for these models.

Name Conservative
Income
Conservative
Growth &
Income
Conservative
Growth
Moderate
Income
Moderate
Growth &
Income
Moderate
Growth
Aggressive
Income
Aggressive
Growth &
Income
Aggressive
Growth
U.S. Mid Cap
Equities

2.00% 8.00% 13.00% 5.00% 10.00% 14.00% 7.00% 12.00% 16.00% U.S. Large Cap
Equities

12.00% 20.00% 30.00% 16.00% 24.00% 31.00% 19.00% 28.00% 31.00% High Yield Taxable
Fixed Income

3.00% 6.00% 3.00% 4.00% 6.00% 3.00% 6.00% 7.00% 0.00%
Emerging Market
Fixed Income

3.00% 5.00% 0.00% 5.00% 5.00% 0.00% 8.00% 6.00% 0.00%
U.S. Long Term
Taxable Fixed
Income

14.00% 7.00% 3.00% 11.00% 5.00% 0.00% 8.00% 4.00% 0.00% U.S. Intermediate
Term Taxable Fixed
Income

45.00% 23.00% 9.00% 36.00% 18.00% 6.00% 29.00% 12.00% 0.00% U.S. Short Term
Taxable Fixed
Income

17.00% 9.00% 4.00% 13.00% 7.00% 2.00% 10.00% 4.00% 0.00% Commodities 2.00% 4.00% 5.00% 2.00% 4.00% 5.00% 2.00% 4.00% 5.00% Taxable Cash
Alternatives

2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00%
Emerging Market
Equities

0.00% 4.00% 9.00% 0.00% 5.00% 12.00% 0.00% 6.00% 15.00% Developed Market
ex-U.S. Equities

0.00% 7.00% 14.00% 4.00% 8.00% 15.00% 7.00% 9.00% 18.00% U.S. Small Cap
Equities

0.00% 5.00% 8.00% 2.00% 6.00% 10.00% 2.00% 6.00% 13.00% 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 36 of 38 63 Portfolio Reports City of Malibu
Strategic Capital Market Assumptions
IMPORTANT: The projections or other information regarding the likelihood of various investment outcomes are forecasts, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.

The Capital Market Assumptions (CMAs) are estimates of how asset classes may perform over the long term, covering multiple economic and market cycles.

Expected portfolio statistics assume a broadly diversified allocation, taking into account the expected returns, risks, and correlations of the asset classes within the allocation. To the extent that the investor's portfolio is not as diversified as the assumptions made for the asset class, the return and risk potential for the portfolio may vary significantly from the assumed allocation.

The CMAs used within this illustration are forward looking and based on a building-block approach of risk premiums and represent expected returns over the long term, covering multiple economic and market cycles. The returns for each asset class reflect the premium above the risk-free rate of return (expected inflation and cash premium/discount) that investors are likely to demand in order to compensate for the risk of holding those assets. All expected portfolio return and downside risk calculations are based on the CMAs. These assumptions may differ greatly from the short-term performance and volatility experienced by your actual investment holdings. There are no assurances that the estimates will be achieved. They have been provided as a guide to help you with your investment planning.

Capital market and asset-class assumptions are estimates of how asset classes may perform over the long term, covering multiple economic and market cycles.

Expected portfolio statistics assume a broadly diversified allocation, taking into account the expected returns, risks, and correlations of the asset classes within the allocation. For example, downside risk is based on our assumptions about average returns, and the variability of returns represents the minimum return that would be statistically likely in 95% of annual returns. In other words, in 19 out of 20 years, performance likely would be better than this figure, and in the 20th year, it likely would be worse. There is no guarantee that any particular 20-year period would follow this pattern. To the extent that the investor's portfolio is not as diversified as the assumptions made for the asset class, the return and risk potential for the portfolio may vary significantly from the assumed allocation. The Capital Market Assumptions used within this illustration are forward looking and based on a building-block approach of risk premiums and represent expected returns over the long term, covering multiple economic and market cycles. The returns for each asset class reflect the premium above the risk-free rate of return (expected inflation and cash premium/discount) that investors are likely to demand in order to compensate for the risk of holding those assets. These assumptions may differ greatly from the short-term performance and volatility experienced by your actual investment holdings. Expected returns represent our estimate of likely average returns over the next several market cycles. They do not represent the returns that an investor should expect in any particular year. The return and downside risk assumptions are statistical averages that do not represent the experience of any individual investor or any specific time period. Standard deviation is a measure of volatility. It reflects the degree of variability surrounding the outcome of an investment decision; the higher the standard deviation, the greater the risk. Dividend yield on an equity or real-asset investment represents the projected dividend as a percentage of the purchase price. The assumptions are not designed to predict actual performance, and there are no assurances that any estimates used will be achieved. The information given has been provided as a guide to help with investment planning and does not represent the maximum loss a portfolio could experience. Sharpe ratio measures the additional return that an investor could expect to receive for accepting additional risk.

Asset Class Downside Risk Average Annual Return1
U.S. Large Cap Equities -15.25% 7.78%
U.S. Mid Cap Equities -15.98% 8.28%
U.S. Small Cap Equities3 -19.77% 8.00%
Developed Market ex-U.S. Equities -17.33% 6.88%
Emerging Market Equities4 -20.91% 7.99%
U.S. Short Term Taxable Fixed Income 0.68% 3.11%
U.S. Intermediate Term Taxable Fixed Income -1.71% 3.89% U.S. Long Term Taxable Fixed Income -8.71% 5.03%
High Yield Taxable Fixed Income2 -7.72% 6.74%
01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 37 of 38 64 Portfolio Reports City of Malibu
Asset Class Downside Risk Average Annual Return1
U.S. Short Term Tax Exempt Fixed Income -0.20% 2.64%
U.S. Intermediate Term Tax Exempt Fixed Income -3.09% 3.28% U.S. Long Term Tax Exempt Fixed Income -3.80% 4.47%
High Yield Tax Exempt Fixed Income2 -5.79% 5.82%
Developed Market ex-U.S. Fixed Income -9.63% 2.67%
Emerging Market Fixed Income4 -8.66% 6.49%
Inflation-Linked Fixed Income -8.10% 3.49%
Preferred Stock -12.73% 4.44%
Private Real Estate -11.08% 8.14%
Commodities -15.50% 7.51%
Master Limited Partnerships (MLPs) -16.93% 8.53%
Private Infrastructure -9.72% 8.17%
Global Hedge Funds -4.19% 5.89%
Global Liquid Alternatives -2.95% 3.41%
Private Equity -16.99% 12.11%
Private Debt -10.82% 9.07%
Specialty Assets -8.31% 6.50%
Taxable Cash Alternatives 1.68% 2.50%
Tax Exempt Cash Alternatives 1.30% 2.12%
Additional Disclosures
1 The Average Annual Return is time-weighted. It is a measure of the compound rate of growth of the asset class. 2 Various rating services, such as Standard and Poor's and Moody's Investor Service rate the creditworthiness of bonds. Investing in lower-rated debt securities or funds that invest in such securities involves additional risk because of the lower credit quality of the security or fund portfolio. These securities or funds are subject to a higher level of volatility and increased risk of default, or loss of principal. 3 Investing in small companies or mutual funds that invest in small companies involves additional risk. Smaller companies typically have a higher risk of failure and are not as well established as larger blue chip companies. Historically, smaller-company stocks have experienced a greater degree of price volatility than the overall market average. 4 International investing may involve special risks such as currency fluctuation, political instability, and different methods of accounting and reporting requirements. * Hedge Fund Research, Inc. ©2024, www.hedgefundresearch.com Alternative investments carry specific investor qualifications which can include high income and net-worth requirements as well as relatively high investment minimums. They are complex investment vehicles which generally have high costs and substantial risks. They tend to be more volatile than other types of investments and present an increased risk of investment loss. There may also be a lack of transparency as to the underlying assets. Alternative investments are subject to fewer regulatory requirements than mutual funds and other registered investment company products and thus may offer investors fewer legal protections than they would have with more traditional investments. Additionally, there may be no secondary market for alternative investment interests and transferability may be limited or even prohibited. 01/01/2024 © 2024. London Stock Exchange Group. All rights reserved. Page 38 of 38 65

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Agenda Item # 4.A.

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Tracey Rossine, Environmental Programs Manager Andre Ketchedjian, Senior Civil Engineer
Reviewed by: Yolanda Bundy, Environmental Sustainability Director Approved by: Steve McClary, City Manager
Date prepared: January 2, 2024 Meeting date: January 22, 2024 Subject: Exterior Elevated Elements (E3) Ordinance
RECOMMENDED ACTION: Continue this item to the February 12, 2024 Regular City Council meeting.

City Council Meeting
01-22-24
Item

4.A.

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Agenda Item # 6.A.

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Alexis Brown, Deputy City Manager
Approved by: Steve McClary, City Manager
Date prepared: January 3, 2024 Meeting date: January 22, 2024 Subject: Pacific Coast Highway Safety Review
RECOMMENDED ACTION: Receive and file the January 2024 Pacific Coast Highway Safety Report and provide direction to explore traffic calming measurers pursuant to the Declaration of Emergency.

FISCAL IMPACT: Funding for these services was not included in the Adopted Budget for FY 2023-24.

DISCUSSION: As directed by the City Council during their regular meeting on December 15, 2023, staff has diligently prepared an update on the Pacific Coast Highway (PCH) Safety Projects. The list focuses on discussions held during the last PCH Task Force Special Meeting held on November 8, 2023.

On November 8, during the Special Meeting of the PCH Taskforce, the City identified several key initiatives and projects that posed an opportunity for collaboration with Caltrans, and State and Local officials to improve safety along the state highway. Those areas included a Safety Corridor Designation, considerations for a Re-Design of PCH, Permanent Increase to Enforcement, Initiation of Special Legislation, Investment in Speed and Traffic Data Collection Technology, a Re-prioritization of the 2015 PCH Safety Plan.

On November 13, 2023, the Malibu City Council declared a local state of emergency related to the increase in reckless and illegal driving on PCH. The status and use of Pacific Coast Highway (“PCH”) currently constitutes a condition, or threatened condition, of extreme peril to the safety of persons and property within the City of Malibu. PCH is the City’s main thoroughfare, and each day serves as a commuting route, a residential street, a business corridor, and for persons accessing beaches and other local City Council Meeting
01-22-24
Item

6.A.

Page 2 of 2 ends

Agenda Item # 6.A.
recreation amenities, a pathway used by pedestrians and cyclists. PCH is a California State Highway (State Route 1) that is managed and maintained by the California Department of Transportation (“Caltrans”) with a posted speed limit ranging between 40- 55 miles per hour in the City. Excessive speeding, reckless driving, unsafe U-turns, and distracted driving caused by cell phone use and other distractions have resulted in increased collisions with other motorists, cyclists, and pedestrians on PCH that have resulted in injury and death.

On December 18, 2023, California Secretary of Transportation Toks Omishakin joined Mayor Steve Uhring, Mayor Pro Tem Doug Stewart, City Manager Steve McClary and officials from Caltrans, California Highway Patrol (CHP) and the LA County Sheriff’s Department for a tour of Malibu’s 21 miles of PCH. Caltrans traffic safety engineers led them on a bus tour of a large section of PCH for a comprehensive assessment of safety conditions on the highway. The tour included a somber walk of the crash site where four Pepperdine students were killed by a speeding motorist while walking along PCH on October 17. The delegation also held a meeting at City Hall to share updates from their respective agencies and discuss ideas, opportunities, timelines, and challenges in the collective effort to make PCH safer. Secretary Omishakin announced that $4.25 million dollars have been allocated under a Caltrans “Director's Order” for safety improvements on PCH that are expected to start in January and be complete in April 2024. CHP Commissioner Sean Duryee discussed the City’s long-term contract to bring CHP patrols and enforcement back to PCH in Malibu starting in January.

On January 8, 2024, during a regular meeting of the City Council, Councilmember Silverstein proposed several traffic calming measures for Council’s consideration in response to the declaration of emergency previously proclaimed. The item was continued to the next regular meeting on January 22, 2024. These recommendations are now incorporated into this agenda report.

The City is steadfast in its commitment to working closely with Caltrans to improve safety conditions on PCH while simultaneously exploring ways that the City can address PCH safety concerns within its jurisdictional ability. The 59 deaths recorded since 2010 underscore the urgency of the matter, emphasizing the need for collaboration to enhance safety measures.

ATTACHMENTS:

1. Pacific Coast Highway Safety Report – January, 2024

2. Caltrans Director’s Order Fact Sheet

3. Suggested Proposal Prepared by Mayor Uhring and Councilmember Silverstein

4. Agenda Request – Barry W. Stewart
The City of Malibu remains committed to prioritizing public safety in response to increasing hazards and reckless driving along Pacific Coast Highway (PCH). This executive summary provides a concise overview of the current public safety situation, recent initiatives, and collaborative efforts with key stakeholders.

The Malibu City Council declared a Local Emergency on November 13, 2023, aimed at addressing the risks to public safety of dangerous, illegal, reckless, and/or distracted driving on Pacific Coast Highway in the City. The action was in response to the increasingly hazardous conditions on PCH in City limits in recent years, which have become a public safety threat for residents, visitors, motorists, pedestrians, and cyclists who use PCH and live, work and recreate on PCH. The PCH safety crisis culminated in the tragic deaths of four Pepperdine students who were struck by a speeding motorist while walking along PCH on October 17.

The City of Malibu is committed to doing everything possible to improve safety on our 21 miles of PCH, which has long been a top priority for the community. While the City does not control PCH, since its incorporation, Malibu has worked closely with Caltrans, the LA County Sheriff’s Department and our other partner agencies to find ways to make PCH safer for residents, motorists, pedestrians and cyclists.

During the PCH Taskforce Special Meeting on November 7, City Manager McClary raised several key points and initiatives to address the escalating safety concerns on PCH. The initiatives presented during the meeting included a Safety Corridor Designation, Re-Design of PCH, Permanent Increase to Law Enforcement, Investments and Special Legislation for in Speed and Traffic Data Collection, and a Reprioritization of the Caltrans 2015 PCH Safety Plan.

Executive Summary
Key Points & Initiatives
ATTACHMENT 1
Commitment from Caltrans: Emphasizing the importance of securing a commitment from Caltrans to actively engage in addressing safety issues on PCH of which they have jurisdictional authority. This involves consideration of a Safety Corridor, Residential or Business District Designations, Re-Prioritization on safety projects, expedited approval processes, and enhanced cooperation.

Increased Law Enforcement Presence: Recognizing the need for immediate action, the City called for an expanded presence of law enforcement in Malibu to address traffic safety issues.

This involves increased patrols, stricter enforcement of traffic laws, and targeted efforts to curb reckless driving.

Support from State Representatives: Highlighting the importance of continued support from State representatives, seeking assistance in advocating for special legislation, securing funding, and addressing specific challenges faced by Malibu on PCH.

Public Education Campaign: To change driver behavior and raise awareness about safe practices on PCH, the City proposed the implementation of a public education campaign involving collaboration with local and state, community organizations, and media outlets to disseminate crucial safety information.

The City of Malibu understands the complexities involved in the regulatory procedures and acknowledges Caltran’s commitment to public safety. In the spirit of collaboration, we requested that Caltrans undertake a review of its process to identify potential improvements. We believe working together will streamline procedures, enhance efficiency, and ensure that future projects are executed in a timelier manner.

The City is urging Caltrans to collaborate in efforts to enhance safety on Pacific Coast Highway (PCH). Key requests include establishing a Safety Corridor, potentially spanning Residential and Business Districts, or a combination thereof. The City is also seeking an expedited review process for public safety infrastructure projects and the reprioritization of the 130 projects identified in the 2015 PCH Safety Study for more effective safety improvements.
2015 Public Safety Study - Project Tracking List
Commitment to Collaboration Between City
of Malibu and Caltrans
ID Location Project Description Agency Malibu
Project
Name
Status
1 John Tyler Dr. to
Topanga Canyon
Rd.

Install
communication
between signals
and connect signals
back to Caltrans
TMC. Develop and
implement timing
plans.Outdated
signal coordination
plans need to be
optimized with
appropriate cycle
lengths and timebased schedule for
proper traveling
speeds and to
generate
reasonable gaps for
cross streets and
driveways. Review
and update timing
settings including
Max2 and Max3.

Consider
deployment of
state-of- the-art
adaptive timing
system to develop
optimized timing
plans based upon
real time traffic
conditions. Insure
that the adaptive
system is
compatible with a
City of
Malibu
PCH
Signal
Synchro
nization
Project -
Topanga
Canyon
Road to
John
Tyler
Drive
In
Constructio
n
high volume
arterial.
2 Trancas Canyon
Rd. to Paradise
Cove Rd.

Provide
interconnected
signal system.

Develop timing
plans for weekday
and weekend
periods. Implement
timing plans based
on time of day or in
response to
frequently
occurring traffic
patterns.

City of
Malibu
PCH
Signal
Synchro
nization
Project -
John
Tyler to
Trancas
Canyon
Road
Planning
Stage
3 Corridorwide Upgrade stripe
width to 6-inch
standard bike lane
stripe. Provide bike
lane markings
where parking is
prohibited. An 8-
inch stripe, as used
for turn lane
striping, may also
be considered. Do
not designate as
bike lane unless
parking prohibited
or width allows
room for bikes and
parking
Caltrans Design
Stage
4 Paradise Cove Rd. Construct raised
median within 500
feet of intersection
in both directions
wherever a doubleCity of
Malibu
PCH
Median
Improve
ments at
Paradise
Design
Stage
double yellow line
exists and extend
left-turn lane by
100 feet
Cove and
Zuma
Beach
5 Corridorwide In general, modify
striping of right
turn lanes on PCH
and replace with a
wider edge line and
skip striping
approaching
intersections
Caltrans
6 Webb Way Modify signal
phasing so vehicles
turning through
crosswalk do not
conflict with
pedestrians
Develop
ment
projects
Completed
7 Moonshadow's
Restaurant
Install overhead
warning signs per
Caltrans Standard
ES7J 200 feet on
each side prior to
parking area and
building with
pedestrian crossing
signs, consider
experimental
action-style
pedestrian signs via
Federal request to
experiment
City of
Malibu
PCH
Cross
Walk
Improve
ments at
Big Rock
Drive
and
20326
PCH
Design
Stage
8 Corridorwide Increase law
enforcement
efforts for vehicles
traveling over
speed limit
City of
Malibu
n/a Completed
9 Corridorwide Detailed evaluation
of beach parking
areas to determine
if additional offstreet parking can
be achieved
City of
Malibu
PCH
Parking
Study
Completed
10 Zuma Beach area Construct raised
medians in areas
where doubleyellow lines exist in
the vicinity of Zuma
Beach, especially
where yellow posts
are currently
installed
City of
Malibu
PCH
Median
Improve
ments at
Paradise
Cove
and
Zuma
Beach
Design
Stage
11 Kanan Dume Rd. to
Latigo Canyon Rd.

Install permanent
raised median in
the double-yellow
areas, and where
enough width
exists, consider
landscaped
medians
Caltrans
12 Cross Creek Rd. Restripe
intersection to
provide
northbound right
turn lane and move
shoulder line over
Develop
ment
projects
Completed
north of the
i i
13 Serra Rd. to
Carbon Canyon Rd
Narrow travel lanes
and center turn
lane slightly
through central
Malibu to provide
wider shoulder
Caltrans
14 Crosswalk
between
McDonald's and
Busch Realty
Change the
uncontrolled
crosswalk with
warning lights to a
HAWK pedestrian
signal with median
refuge and
potential curb
extensions.

Caltrans Design
Stage
15 Big Rock Dr. Install additional
overhead warning
sign per Caltrans
Standard Plan ES7J
northbound at
approximately 400'
prior to
intersection, sign
should read "Signal
Ahead"
City of
Malibu
PCH
Cross
Walk
Improve
ments at
Big Rock
Drive and
20326
PCH
Design
Stage
16 Corridorwide Increase distance to
advance detection
to meet spacing
requirements for
prevailing speeds to
reduce acceleration
needed to stop
City of
Malibu
PCH
Signal
Synchron
ization
Project -
Topanga
Canyon
Road to
John
Tyler
Drive
In
Constructio
n
17 Corridorwide Install post
delineators on
outside of curves
north of John Tyler
Drive where
feasible, per
Caltrans standard
spacing guidelines,
especially where
adjacent land is
undeveloped or
installation of
delineators is well
suited.

Caltrans
18 El Pescador Beach Consider restriping Caltrans
Rd. to widen shoulders
by narrowing lanes
to permit parking
and provide buffer
area.
19 El Matador Beach
Rd.

Consider restriping
to widen shoulders
surrounding El
Matador Beach area
by narrowing lanes
to permit parking
and provide buffer
area
Caltrans
20 Broad Beach Rd.

North to Trancas
Canyon Rd.

Consider extruded
concrete median
where median is
less than 10 feet
wide
Caltrans
21 Trancas Canyon
Rd.

Modify signal
phasing to allow left
turns onto Trancas
from PCH when
crosswalk is active
Caltrans Completed
22 Trancas Canyon
Rd.

Construct
northbound rightturn lane and bike
channel onto
Trancas Canyon
Rd., consider
installation of right
turn arrow for
heavy movement
City of
Malibu
PCH
Improvem
ents at
Trancas
Canyon
Road
Design
Stage
23 Heathercliff Rd. Increase the
storage length of
NBL turns from
PCH onto
Heathercliff Road
by 100' from 230'
to 330'
City of
Malibu
PCH
Improvem
ents at
Heathercli
ff
Planning
Stage
24 Paradise Cove Rd. Widen shoulder on
inland side to 12
feet within 500 feet
of intersection in
both directions,
construct 5 foot
wide sidewalk
behind seven foot
shoulder at
intersection
City of
Malibu
PCH
Improvem
ents at
Paradise
Cove
Planning
Stage
25 Escondido Beach
Road /
Malibu Cove
Colony Drive
Increase the
storage length of
NBL turns from
PCH onto Malibu
Cove Colony Drive
by 100' from 110'
to 210'
Caltrans
26 Webb Way Increase the
storage length of
Develop
ment
Completed
NBL turns from
PCH into Webb Way
by eight cars
projects
27 Webb Way Increase the
storage length of
SBL turns from PCH
into Webb Way by
six cars
Develop
ment
projects
Completed
28 Webb Way Restripe to change
acceleration lane to
a standard
shoulder to
discourage merging
Develop
ment
projects
Completed
29 Malibu Pier Establish signal
control for
southbound left
turn
City of
Malibu
PCH
Signal
Synchroni
zation
Project -
Topanga
Canyon
Road to
John Tyler
Drive
In
Constructi
on
30 La Costa Beach
Club (21440 PCH)
Study feasibility of
narrowing the
striping in the
vicinity of La Costa
beach club to widen
the shoulders.

Consider a raised
median area with
refuge for the
crosswalk and curb
extensions in
conjuction with
potential
signalization of the
La Costa
crosswalk that is
planned by the City
of Malibu.

City of
Malibu
PCH at La
Costa
Pedestrian
Improvem
ents
Completed
31 Las Flores Canyon
Rd.

Provide protected
left turn arrows
from PCH
Caltran
s
In
Constructi
on
32 Moonshadow's
Restaurant
Construct a median
in front of
Moonshadow's.

Provide left- turn
lane at north end of
parking area for
entry to restaurant.

Construct raised
median refuge cut
out in front of front
door
so that pedestrians
can wait in median.

City of
Malibu
PCH Cross
Walk
Improvem
ents at Big
Rock Drive
and 20326
PCH
Design
Stage
33 Pena Rd. Beach
Turnout
Construct raised
median for PCH
Caltran
s
with turn pocket
into the north end
of the turnout area.

Median will prevent
left turns into or
from south end of
the turnout area, so
that traffic must
turn right and make
U-turns around the
median area. Study
area closely in
upcoming parking
study to maximize
parking yield.
34 Corridorwide Create bicycle
hotline to report
roadway
deficiencies
Caltran
s
35 Webb Way to Las
Flores
Canyon Rd.

Evaluate vehicle
speeds to
determine if lower
speed limit is
warranted
City of
Malibu
N/A In
Constructi
on
36 La Piedra Beach
Rd.

Consider restriping
to widen shoulders
by narrowing lanes
to permit parking
and provide buffer
area.

Caltran
s
37 Morning View Dr. Extend right turn
lane from PCH onto
Morning View Dr.,
consider installing a
right turn arrow for
City of
Malibu
Right Turn
Extension
at PCH
and
Morning
View Drive
Planning
Stage
this heavy
38 Bonsall Dr. If shifting alignment
is not possible,
convert intersection
approach to a rightin, right-out only
and trim back
vegetation to
improve motorists
sight distance
towards the south.

Restripe PCH to
restore inland
shoulder
Caltran
s
39 Heathercliff Rd. Relocate crosswalk
to other side of
intersection and
rephase signal for
pedestrian
movements
City of
Malibu
PCH
Improvem
ents at
Heathercli
ff
Planning
Stage
40 Heathercliff Rd. Widen right turn
lane to allow
dashed bike stripe
City of
Malibu
PCH
Improvem
ents at
Heathercli
ff
Planning
Stage
41 Kanan Dume Rd. Modify signal
phasing at
intersection to
allow more time for
the left-turn onto
Kanan Dume Rd.

City of
Malibu
PCH at
Kanan
Dume
Intersectio
n
Improvem
ents and
Arrestor
Bed
Complete
d
42 Zumirez Dr. Restripe Zumirez
signal to restore
shoulder to inland
side by narrowing
travel lanes,
removing the wide
median nose stripe,
maintain right turn
lane
Caltran
s
43 Paradise Cove Rd. Modify signal
phasing to eliminate
pedestrian-vehicle
conflict for
northbound
vehicles turning left
onto PCH
Caltran
s
44 470' west of
Escondido Beach
Road / Malibu
Cove Colony Drive
Construct a
permanent raised
median in the
double-yellow area
before and after
Caltran
s
Geoffreys's for
approximately 1800
feet.
45 Escondido Beach
Road / Malibu
Cove Colony Drive
Install pedestrian
crossing sign and
flashers
Caltran
s
46 John Tyler Dr. Modify signal to
provide protected
left-turn phase to
turn onto John Tyler
from PCH
City of
Malibu
PCH Signal
Synchroni
zation
Project -
Topanga
Canyon
Road to
John Tyler
Drive
In
Constructi
on
47 John Tyler Dr. Restripe the
acceleration lane on
the inland side as a
full shoulder
City of
Malibu
PCH Signal
Synchroni
zation
Project -
Topanga
Canyon
Road to
John Tyler
Drive
In
Constructi
on
48 Malibu Canyon Rd. Reconstruct
crosswalk ramps to
ADA standards at
northbound inland
corner
City of
Malibu
PCH Signal
Synchroni
zation
Project -
Topanga
Canyon
Road to
John Tyler
Drive
In
Constructi
on
49 Malibu Canyon Rd. Shorten right-turn
lane approaching
Develop
ment
intersection based
upon queueing
needs
projects
50 Malibu Canyon Rd. Widen right turn
lane to provide
channel for through
bikes
Develo
pment
project
s
51 1700' west of
Webb Way
Convert free right
turn and merge lane
from Civic Center
Way approximately
1700' west of Webb
Way into a yield to
turn condition.

Restripe shoulder to
discourage
motorists from
merging into
northbound traffic
Develo
pment
project
s
Completed
52 Webb Way Reconstruct
crosswalk ramps to
ADA standards
Develo
pment
project
s
Completed
53 Webb Way Install countdown
pedestrian signals
City of
Malibu
PCH
Signal
Synchroni
zation
Project -
Topanga
Canyon
Road to
John Tyler
Drive
In
Constructi
on
54 Cross Creek Rd. Increase the storage
length of SBL turns
from PCH into Cross
Creek Road by 150'
from 300' to 450'
Develo
pment
project
s
Completed
55 Serra Rd. to Malibu
Pier
Construct
continuous raised
median and reduce
median widthto
provide wider
shoulders
Caltran
s
56 Malibu Pier Install pedestrian
signal countdown
heads
City of
Malibu
PCH
Signal
Synchroni
zation
Project -
Topanga
Canyon
Road to
John Tyler
Drive
In
Constructi
on
57 Carbon Canyon
Rd.

Restripe right-turn
lane on inland side
with a shoulder
stripe dashed
approaching
intersection.

Caltran
s
58 Rambla Pacifico
Rd.

Provide protected
northbound leftturn phase from
PCH into gas station
City of
Malibu
PCH at
Las Flores
and
Rambla
Pacifico
Intersecti
on
Improvem
ents
Design
Stage
59 Las Flores Canyon
Rd. to Rambla
Pacifico Rd.

Study to realign
across intersections
to eliminate broken
back striping due to
City of
Malibu
PCH at
Las Flores
and
Rambla
Design
Stage
change in median
and shoulder widths
Pacifico
Intersecti
on
Improvem
ents
60 Las Flores Canyon
Rd. to Rambla
Pacifico Rd.

Widen bridge over
Las Flores Creek to
provide sidewalk on
ocean side from
Rambla Pacifico
intersection to
Dukes entrance.

Maintain sufficient
shoulder for
bicycling, but utilize
surplus area to
move signal poles
behind curb.

Caltrans Design
Stage
61 Las Flores Canyon
Rd.

Provide ADA
compliant
improvements
where feasible,
including
wheelchair ramps
and raised curb
returns
City of
Malibu
PCH at
Las
Flores
and
Rambla
Pacifico
Intersect
ion
Improve
ments
Design
Stage
62 Las Flores Canyon
Rd.

Reconstruct signal
to eliminate
condition where
signal poles are not
exposed to traffic
on roadway
shoulder.

City of
Malibu
PCH at
Las
Flores
and
Rambla
Pacifico
Intersect
ion
Improve
ments
Design
Stage
63 Las Flores Canyon
Rd.

Relocate signal
detection so that
vehicles are less
City of
Malibu
PCH at
Las
Flores
Design
Stage
likely to run red
lights
and
Rambla
Pacifico
Intersect
ion
Improve
ments
64 Las Flores Canyon
Rd.

Relocate crosswalk
to eliminate
pedestrian-vehicle
conflict for Las
Flores vehicles
turning left onto
PCH
City of
Malibu
PCH at
Las
Flores
and
Rambla
Pacifico
Intersect
ion
Improve
ments
Design
Stage
65 Big Rock Dr. Install a vehicle
head on the 1-A pole
in the northeast
corner of the
intersection for NBT
movements
City of
Malibu
PCH
Cross
Walk
Improve
ments at
Big Rock
Drive
and
20326
PCH
Design
Stage
66 Big Rock Dr. Monitor new
protected/permissiv
e left turn from PCH
for effectiveness
City of
Malibu
PCH
Cross
Walk
Improve
ments at
Big Rock
Drive
and
20326
PCH
Design
Stage
67 Big Rock Dr. Construct raised
median east of the
intersection for 150
feet
City of
Malibu
PCH
Cross
Walk
Improve
ments at
Big Rock
Drive
and
20326
PCH
Design
Stage
68 Corridorwide Replace blue sidestreet name signs
that intersect PCH
with larger letter,
more visible signs.

Also consider
advance street
name signs at
prominent
intersections.

City of
Malibu
69 Encinal Canyon
Rd.

Restripe
northbound rightturn lane as a full
shoulder with a
dashed bike stripe
Caltrans
70 Trancas Canyon
Rd.

Construct ADA
compliant sidewalk
and ramps on the
inland side for the
length of the
shopping center
and reconstruct
inland side
driveway to provide
appropriate
deceleration area
City of
Malibu
PCH
Improve
ments
at
Trancas
Canyon
Road
Design
Stage
71 Trancas Canyon
Rd.

Reconstruct
driveway to provide
appropriate
deceleration area
City of
Malibu
PCH
Improve
ments
at
Trancas
Canyon
Road
Design
Stage
72 Guernsey Avenue Provide street light
at intersection
City of
Malibu
73 610' east
ofWestward Beach
Rd./Bonsall Dr.

Shift roadway
alignment and
construct shoulder
on inland side from
610' east of
Westward Beach to
Zuma Beach access
overpass by
eliminating the
center turning lanes
Caltrans
74 300' east of Kanan
Dume Rd.

Move existing bus
stop to Kanan
Dume Rd.
intersection and
provide sidewalk
City of
Malibu
and ADA ramps to
accommodate
pedestrians
75 820' east of
Zumirez Dr. (Pointe
Malibu)
Restripe
deceleration and
acceleration lanes
to full shoulders
Caltrans
76 Latigo Canyon
Drive
Provide street light
at intersection
City of
Malibu
77 Latigo Canyon
Drive
Widen shoulder to
provide striping for
dashed bike lane
and right turn lane
from PCH onto
Latigo Canyon Dr.

Caltrans
78 Malibu Seafood Construct a new
pedestrian
underpass crossing
in the close vicinity
of Malibu Seafood
City of
Malibu
PCH
Pedestri
an
Undercr
ossing
at
Malibu
Seafood
Design
Stage
79 Puerco Canyon
Road
Restripe right-turn
lane on inland side
with a shoulder
Caltrans
80 John Tyler Dr. Eliminate conflict
with turning
vehicles through
crosswalk
City of
Malibu
PCH
Signal
Synchro
nization
Project
-
Topang
a
Canyon
Road to
John
Tyler
Drive
In
Constructio
n
81 John Tyler Dr. Construct ADA
sidewalk to connect
west side crosswalk
to bus pad on both
sides of PCH
City of
Malibu
PCH
Signal
Synchro
nization
Project
-
Topang
a
Canyon
Road to
John
Tyler
Drive
In
Constructio
n
82 John Tyler Dr. Widen right turn
lane to allow
dashed bike stripe
City of
Malibu
PCH
Signal
Synchro
nization
Project
-
Topang
a
Canyon
Road to
John
In
Constructio
n
Tyler
Drive
83 Webb Way to
23634 PCH
Stripe a shoulder
merge taper line for
lane drop, allow
parking in this area
Caltrans
84 Webb Way Relocate bus stop
nearer to traffic
signal
City of
Malibu
85 Webb Way at Civic
Center Way
Consider
roundabout at this
intersection. A
single-lane
roundabout would
suffice
City of
Malibu
n/a Completed
86 Cross Creek Rd. Reconstruct
crosswalk ramps to
ADA standards
Develop
ment
projects
Completed
87 Malibu Pier Reconstruct
crosswalk ramps to
ADA standards,
consider relocating
bus stop on ocean
side to Pier signal
City of
Malibu
PCH
Signal
Synchro
nization
Project
-
Topang
a
Canyon
Road to
John
Tyler
Drive
In
Constructio
n
88 22730 PCH
(McDonald's ped
crossing)
Increase width of
ADA ramps on both
sides as they are
City of
Malibu
PCH
Signal
Synchro
In
Constructio
n
quite narrow, this
may mean moving
the crosswalk to the
east by 1'or 2'
nization
Project
-
Topang
a
Canyon
Road to
John
Tyler
Drive
89 2000' west of
Carbon Canyon
Road
Consider an
installation of a
crosswalk and
appropriate warning
or crossing
treatment at this
location
Caltrans
90 Rambla Vista West Replace short rightturn lane on inland side with a dashed
striped shoulder
Caltrans
91 Rambla Vista East
to Rambla Pacifico
Road
Study feasibility of
narrowing shoulder
in front of Rambla
Pacifico shopping
center to increase
area for parking
along frontage road.

This project should
be included in the
imminent
parking study.

City of
Malibu
PCH at
Las
Flores
and
Rambla
Pacifico
Intersec
tion
Improve
ments
Design
Stage
92 Las Flores Canyon
Rd. to Rambla
Pacifico Rd.

Study feasibility to
construct bridge
connecting Rambla
Pacifico to Las
Flores Canyon Rd.
north of PCH to
eliminate the need
for the Rambla
Pacifico traffic
signal
City of
Malibu
PCH at
Las
Flores
and
Rambla
Pacifico
Intersec
tion
Improve
ments
Design
Stage
93 Las Flores Canyon
Rd.

Consider widening
the shoulder if any
surplus width is
available in travel
lanes or median.

City of
Malibu
PCH at
Las
Flores
and
Rambla
Pacifico
Intersec
tion
Improve
ments
Design
Stage
94 830' west of Big
Rock Dr.

Construct a raised
median in area
where doubledouble yellow line
exists at the end of
the left-turn lane,
provide landscaping
pockets to obtain
limited traffic
calming effect from
plantings
City of
Malibu
PCH
Cross
Walk
Improve
ments at
Big Rock
Drive
and
20326
PCH
Design
Stage
95 Big Rock Dr. Increase the length
of the southbound
left-turn lane on
PCH to 200 feet
with a 90 feet
transition by
striping change
City of
Malibu
PCH at
Big Rock
Drive
Intersec
tion
Improve
ments
Completed
96 Big Rock Dr. Construct a curb
return with ADA
ramp so that the
traffic poles can be
located behind it,
narrow the opening
and tighten up the
radius so the curb
return is on top of
the existing
pavement
City of
Malibu
PCH at
Big Rock
Drive
Intersec
tion
Improve
ments
Completed
97 Big Rock Drive to
Pena
Road
Restripe to narrow
median where k rail
occupies shoulder
in
this area
Caltrans
98 Decker Canyon Rd. Widen shoulder to
provide striping for
Caltrans
dashed bike lane
and right turn lane
from PCH onto
Decker Canyon Rd.
99 El Pescador Beach
Rd.

Provide street light
at beach access
City of
Malibu
100 Encinal Canyon
Rd.

Install street light at
intersection
City of
Malibu
101 El Matador Beach
Rd.

Provide street light
at beach access
City of
Malibu
102 Lunita Rd. Install street light at
intersection
City of
Malibu
103 Lunita Rd. Widen shoulder to
provide striping for
dashed bike lane
and right turn lane
from PCH onto
Lunita Rd.

Caltrans
104 Busch Dr. Construct fourth leg
of intersection to
provide direct
access to Zuma
Beach and
connection across
creek to Westward
Beach Rd. Permits
elimination of
existing northbound
left-turn lane from
PCH to Westward
Beach and allows
restoration of
Caltrans
105 Escondido Beach
Road / Malibu
Cove Colony Drive
Install street light at
intersection on
inland side
City of
Malibu
106 Latigo Shores
Drive / Seagull
Way
Provide street light
at intersection
City of
Malibu
107 Latigo Shores
Drive / Seagull
Way
Widen shoulder to
provide striping for
dashed bike lane
and right turn lane
from PCH onto
Latigo Shores Dr.

Caltrans
108 Corral Canyon Rd.
to Puerco Canyon
Rd.

Widen shoulder on
inland side where
parking occupies
the entire shoulder.

Reconstruct the
median to provide
full height curb.

Opportunity to
narrow median and
increase shoulder
width is possible.

Caltrans Completed
109 John Tyler Dr. Remove obstruction
(median curb) in
crosswalk for both
the east and west
legs
Caltrans
110 John Tyler Dr. Restripe to
eliminate right turn
from center lane.

Double right turn
through crosswalk
is not justified by
right turn volume
Caltrans
111 Malibu Canyon Rd. Install bus stop on
PCH
City of
Malibu
112 Malibu Canyon Rd. Widen shoulder to
provide striping for
dashed bike lane
and right turn lane
from PCH onto
Winter Mesa Dr.

Caltrans
113 Webb Way Remove median
curb obstruction to
straighten
crosswalk
Develop
ment
projects
Completed
114 Malibu Rd. to
Cross Creek Rd.

Build sidewalk
behind trees on
ocean side from
Cross Creek Rd. to
Malibu Rd.

Caltrans
115 22333 PCH (Busch
Realty ped
crossing)
Move obstructing
signal controller to
improved location
(it's in the middle of
the sidewalk, with a
less than 5' ADA
approved clearance
on either side)
Caltrans
116 Las Flores Canyon Consider narrowing City of PCH at Design Rd. to Rambla
Pacifico Rd.
openings for Las
Flores and Rambla
Pacifico
approaches.

Malibu Las
Flores
and
Rambla
Pacifico
Intersecti
on
Improve
ments
Stage
117 Topanga Canyon
Rd.

Upgrade signal
system and
conduct study to
develop weekend
timing plan that
optimizes
southbound flow
along PCH based
upon summer and
weekend traffic
counts
City of
Malibu
PCH
Signal
Synchron
ization
Project -
Topanga
Canyon
Road to
John
Tyler
Drive
In
Constructi
on
118 El Matador Beach Consider possibility
to enlarge parking
lot
Caltrans
119 Trancas Canyon
Rd.

Provide a sidewalk
from shopping
center and
construct new
pedestrian
underpass crossing
to beach
Caltrans
120 Paradise Cove Rd. Widen shoulder to
provide striping for
dashed bike lane
and right turn lane
from PCH onto
Paradise Cove Rd.

Caltrans
121 Corral Canyon Rd.
to Beach Access
Construct complete
pedestrian walkway
on ocean side from
Corral Canyon Rd.
signal to beach
property
Caltrans
122 Malibu Canyon Rd. Restore shoulder
stripe west of the
intersection
Caltrans
123 Malibu Canyon Rd. Provide ADA access
from intersection to
City Park
Caltrans
124 Malibu Rd. Realign Malibu Rd
intersection to
eliminate acute
angle and merging.

Provide right angle
intersection.

City of
Malibu
125 Carbon Canyon
Rd. to Rambla
Pacifico
Study feasibility to
build a complete
sidewalk from
Carbon Canyon Rd.
to Rambla Pacifico
on the inland side
Caltrans
126 Rambla Pacifico
Rd.

Realign Rambla
Pacifico to narrow
and improve
City of
Malibu
PCH at
Las Flores
and
Design
Stage
channelization at
PCH and increase
separation from
antique bridge rail.

Increase left-turn
lane storage for
short turn pockets
Rambla
Pacifico
Intersecti
on
Improvem
ents
127 Topanga Canyon
Rd.

Lengthen
southbound left
turn storage bay to
reduce potential
overflow into
through lane.
(should be
increased from 300'
to 350', as the 95th
queue distance is
350' for the
weekend). Also
lengthen time
available to service
lane during
weekend.

Caltrans
128 Decker Canyon Rd. Evaluate
intersection
modification to a
one- or two-lane
roundabout. A onelane roundabout
could possibly
provide space for
additional parking.

Caltrans
129 330' west of
Paradise Cove Rd.

Relocate bus stop
to intersection of
Paradise Cove Rd.

City of
Malibu
PCH
Median
Improvem
ents at
Paradise
Design
Stage
Cove and
Zuma
Beach
130 Encinal Canyon
Rd.

Consider
realignment of
Encinal Canyon
Road to intersect
with La Piedra
Beach Rd. Also
consider
roundabout control
for new aligned
intersection
City of
Malibu
City Projects Not Identified in Safety Study
Location Project Title Project Duration
(months)
Status Project Costs Funding Needed
Civic Center Way Civic Center Way
Improvements
Project
49 Completed 5,200,000
Morning View Dr. PCH Bike Route
Improvements
8 Completed 500,000
Kanan Dume PCH at Kanan
Dume Intersection
Improvements
and Arrestor Bed
12 Completed 900,000
Webb Way PCH Median
Improvements -
John Tyler to
Puerco Canyon
Road
103 In construction 6,950,000
John Tyler PCH Median
Improvements -
Webb Way to
John Tylter
- Funding needed 7,000,000
The City continues to focus efforts on an expanded presence of law enforcement in Malibu to address traffic safety issues. This could involve increased patrols, stricter enforcement of traffic laws, and targeted efforts to curb reckless driving.

Permanent Expansion to Law Enforcement in
Malibu
Project/Initiative Description Status
CHPTemporary Contract Short Term Contract allowing for
CHP to conduct traffic
enforcement in Malibu on
Overtime Assignment for the term
of November 2023 to February
2024.

Completed
CHP Permanent Contract Long Term Agreement
establishing a CHP Malibu
Taskforce comprised of three
officers to conduct full time traffic
enforcement for the term of two
years.

Liability language currently under
review by CHP General Legal
Counsel.

Emergency Purchase of Lidar
Speed Guns
Purchase of six (6) lidar speed
guns equipped with digital video
camera to record hazardous
driving behaviors.

Completed/Purchased under the
authority of the emergency
declaration.

Special Operations - LASD Traffic
Enforcement
LASD - Malibu/Lost Hills Sheriff
Station conduct traffic
enforcement operations in Malibu.

Ongoing Operations
The City of Malibu is working with the offices of State Representatives Senator Allen and Assemblymember Irwin to introduce special legislation this Spring to bring Speed Cameras to Malibu’s 21 miles. Speed cameras are known for their effectiveness in promoting adherence to speed limits and reducing accidents. The proposed legislation underscores a proactive approach to traffic management and safety in Malibu.

State and local officials are persistently advocating with the Governor's Office and the California State Transportation Agency to maintain a focus on the issues surrounding the proposed speed camera legislation and other safety measures in Malibu. This ongoing effort suggests a commitment to addressing concerns related to road safety and the effective implementation of measures such as speed cameras. By Legislative Partnerships
Legislation # Description Status
Unassigned Amend Section 22425 of the
California Vehicle Code and allow
for the establishment of a speed
enforcement program to include
speed cameras.

Drafted language currently under
review.
engaging with key policymakers, these officials aim to ensure that the proposed legislation remains a priority in discussions and decisions at the state level.

The following is a specialized grant list targeted at securing funding for public safety projects on PCH in Malibu.

These grant opportunities will address specific areas of traffic enforcement, public safety education, infrastructure enhancements and other critical aspects impacting the various modes of transportation.

Public Safety Grants
Grant Agency Description Funding
Traffic Safety Grants
(OTS)
California Office of Traffic
Safety
CalOTS provides traffic
safety grants to projects
which prevent serious
injury and death
resulting from motor
vehicle crashes so that
all roadway users arrive
at their destination
safely.

Average $300K
Active Transporation
Program (ATP)
Caltrans
Administered by the
Department of
Transportation, the
program provides
funding for active modes
of transportation, as well
as biking, walking, safety,
and mobility for nonmotorized users
$250K Minimum
Safe Streets & Roads for
All
US Department of
Transportation
The Safe Streets and
Roads for All (SS4A)
Program will provide
grant funding to support
planning, infrastructure,
behavioral, and
operational initiatives to
prevent death and
serious injury on roads
and streets involving all
roadway users, including
pedestrians; bicyclists;
public transportation,
personal conveyance,
and micromobility users;
motorists; and
commercial vehicle
operators.

Action Planning Grant
Range: $100,000 -
$10,000,000
Implementation Grant
Range: $2,500,000 -
$25,000,000
In response to the increasingly dangerous conditions, Malibu has taken the initiative to address driver behavior through public safety education campaigns. Engaging and impactful awareness campaigns will be launched across various media channels.

For questions or more information, please contact the City Manager’s Office at the information listed below.

Education Campaigns
Project Description Status
Creation of PCH Safety Webpage The City of Malibu PCH Safety Webpage is a community hub
where residents, visitors and
stakeholders can stay up to date
on the latest information related
to the City’s public safety efforts
on PCH.

Completed/Launched
Communication Toolkit To connect with community
through interactive forums, each
PCH Safety Development deploys
a communication toolkit that
consists of:

Press Release
News Flash
Video PSA to be displayed
on social and peg channel.

Graphic creation for social
media distribution.

Ongoing: Average posting is two
to three times per week with
messaging. Additional content is
shared and/or posted by law
enforcement partners, and with
“breaking news” content. ng
Contact Us
www.malibucity.org/pchsafety [email protected] 310-456-2489 To help reach the State of California’s goal of eliminating all traffic-related deaths and serious injuries by 2050, Caltrans is working with state and local partners to increase pedestrian, bicyclist and motorist safety on Pacific Coast Highway (PCH). This multi-faceted approach by state and local government agencies includes roadway improvements and design changes, increased enforcement, and safety education for the traveling public.

While Caltrans works with partners on long-term solutions, the Department has several projects already in the works to address key locations on PCH that see high amounts of traffic from all types of road users.

One way to encourage slower speeds is with specialized striping and signage that provides visual feedback to motorists. For instance, this project will install 13 electronic speed feedback signs, which flash a warning message in real-time when drivers are going over the speed limit, reminding them to slow down.

In addition, the project will install optical speed bars at 10 locations. These pavement markings are placed along travel lanes in areas where motorists need to prepare to slow or stop, such as when the roadway curves or approaching an intersection. These markings can enhance a driver’s perception of their own speed, causing them to reduce speed.

Other improvements include enhanced lane and crosswalk striping to improve visibility, adding striping to display the speed limit on the roadway’s surface at various locations, adding or replacing regulatory signage and speed limit signs, adding curve warning signs, placing road delineators along certain roadway curves, and updating detectors at intersection signals.

Speed reduction enhancements and crosswalk upgrades
Location: Between McClure Tunnel (I-10 terminus) and the Ventura County line (Timing: Anticipated to begin in January and end in April 2024

SAFETY IMPROVEMENTS ON PCH
In Malibu, Los Angeles and Santa Monica
ATTACHMENT 2
SAFETY IMPROVEMENTS ON PCH 1
2 Optical speed bar locations include:
• Northbound (NB) approaching McClure Tunnel
• NB and southbound (SB) approaching Coastline Drive along the curved section by the Getty Villa
• NB and SB along curved sections approaching Topanga Canyon Boulevard • NB and SB approaching all pedestrian signal crossings between Carbon Canyon and Malibu Pier (5 Pedestrian crosswalks)
• NB and SB approaching Malibu Canyon Road
• NB and SB approaching John Tyler Road
• NB and SB approaching Malibu Seafood Restaurant (Corral Canyon) • From Winding Way to Via Escondido, at straight and flat segments • Trancas Canyon Road/Broad Beach Road, where the speed limit changes from 50 mph to 55 mph
• NB & SB at Mulholland Highway
Speed feedback sign locations include (13 total signs at 10 locations):
• SB approaching Bel Air Bay Club (replacing a damaged speed feedback sign) • SB just south of Carbon Canyon
• SB at Malibu Beach RV Park
• NB & SB approaching Latigo Canyon Road due to slope
• North of Paradise Cove Road, facing NB, before the S-curve • North of Paradise Cove Road, facing SB after the S-curves • Approaching the Kanan Dume Road signalized Intersection, prior to the S-curves • South of Morning View, facing SB, before the S-curve
• NB & SB Decker Canyon Road
• NB & SB at Mulholland Highway
Locations for enhanced lane striping at curves:
• Includes locations where the roadway is scraped by maintenance to clear debris flows at times At locations where maintenance does not clear roadway with a blade or scraper, striping and retroreflective markers will be installed on the pavement surface • Some specific locations are:

NB & SB approaching Coastline along the curved section by the Getty Villa NB & SB along curved sections approaching Topanga Canyon Boulevard NB & SB south of Carbon Canyon Road
Approaching Kanan Dume signalized intersection, prior to the S-curves

SAFETY IMPROVEMENTS ON PCH
SAFETY IMPROVEMENTS ON PCH 3
Locations and intersections where crosswalks will be restriped or striping will be modified include:
• Big Rock
• Las Flores Canyon Road
• Rambla Pacifico
• La Costa Pedestrian Hybrid Beacon (near La Costa Beach Club) • Carbon Canyon Road
• Pedestrian signal at postmile 45.56 (between Carbon Canyon and Malibu Pier) • Pedestrian signal at postmile 45.80 (between Carbon Canyon and Malibu Pier) • Pedestrian signal at postmile 46.08 (between Carbon Canyon and Malibu Pier, near McDonalds/Nobu)
• Pedestrian signal at Malibu Inn (postmile 46.40, between Carbon Canyon and Malibu Pier) • Pedestrian signal at Malibu Pier (postmile 46.54)
• Cross Creek Road
• Webb Way
• Malibu Canyon Road
• John Tyler Road
• Corral Canyon Road
• Paradise Cove
• Zumeriz Drive
• Kanan Dume
• Heathercliff
• Busch Drive
• Morning View
• Trancas Canyon Road
Sign upgrades include:
• 18 new regulatory and bike signs
• 3 new street signs
• Removing 6 roadside signs
• Relocating one roadside sign
• Installing new panels on two signs for lane configuration • Replacing speed limit signs with new signs to enhance visibility at night, including at locations north of John Tyler Drive (Pepperdine University entrance) Delineators will also be placed at road curves north of John Tyler Drive • Placement of curve warning signs at approximately four curves This project proposes to resurface 63.4 lane miles on PCH, extending the service life of the roadway. In addition, the project will upgrade curb ramps to meet Americans with Disabilities Act (ADA) standards and provide pedestrian access enhancements to the bus stop at PCH and Heathercliff Road.

Additional proposed changes include adding bike lanes from near Via Escondido Drive to Busch Drive and from near Malibu RV Park Road to Via Escondido Drive.

Design has not yet been completed, and additional improvements are anticipated to be added to the project.

Pavement upgrades, bike lanes and pedestrian access improvements Location: From Cross Creek Road/Malibu Lagoon to the Ventura County line Timing: Safety audit to be completed in early 2024 before project moves to design phase SAFETY IMPROVEMENTS ON PCH 4
SAFETY IMPROVEMENTS ON PCH 5
This pavement rehabilitation project includes upgrading and replacing guardrails, repairing drainage systems, upgrading curb ramps to meet Americans with Disabilities Act (ADA) standards and installing bus pad enhancements.

Design has not yet been completed, and additional improvements are anticipated to be added to the project.

Other minor projects:

Safety Project at Las Flores
The scope of work is as follows: Install protected left-turn signal phasing for southbound PCH to Las Flores Canyon Road, upgrade signal poles and other traffic signal hardware, upgrade advance flashing beacon warning system, and install a speed feedback device. • Target completion spring 2024
Pedestrian signal upgrade north of Carbon Canyon
This project proposes to replace the existing flashing yellow pedestrian beacon with a full pedestrian signal. The scope of the project will include installing signal poles, countdown pedestrian signal heads, restriping the crosswalk, replacing the existing yield lines with limit lines, and replacing all road signs in the vicinity.
• Target construction start in summer 2024
Pavement rehabilitation, bus pad upgrades
Location: From McClure Tunnel to Cross Creek Road/Malibu Lagoon Timing: Safety audit to be completed in spring 2024 before project moves to design phase Proposal to Direct the Staff to Explore and Implement Traffic Calming Measures on Pacific Coast Highway Pursuant to the Declaration of Local Emergency Duly Adopted by the City Council.

1. Overview of the City Council’s Statutory Authority to Declare and Take Action During a Public Emergency
The California Government Code confers upon the City of Malibu (“Malibu”) the power to promulgate orders and regulations necessary to mitigate the effects of, among other things, manmade emergencies that result in extreme peril to life or property and to protect the health and safety and preserve lives and property.

Specifically, Section 8550 of the California Government Code provides, in pertinent part, as follows:

The state has long recognized its responsibility to mitigate the effects of natural, manmade, or war-caused emergencies that result in conditions of disaster or in extreme peril to life, property, and the resources of the state, and generally to protect the health and safety and preserve the lives and property of the people of the state. To ensure that preparations within the state will be adequate to deal with such emergencies, it is hereby found and declared to be necessary:
(a) To confer upon the Governor and upon the chief
executives and governing bodies of political subdivisions of this state the emergency powers provided herein; and to provide for state assistance in the organization and
maintenance of the emergency programs of such political subdivisions.

The emergency powers conferred upon the governing bodies of political subdivisions of the state to address a local emergency are broadly stated in Section 8634 of the California Government Code, which provides, in pertinent part, that “[d]uring a local emergency the governing body of a political subdivision, or officials designated thereby, may promulgate orders and regulations necessary to provide for the protection of life and property.” Among other things, Section 8634 specifically empowers the governing body of a political subdivision to promulgate “orders or regulations imposing a curfew within designated boundaries where necessary to preserve the public order and safety.”
Pursuant to Section 8557 of the California Government Code, the term “political subdivision” includes “any city, city and county, county, district, or other local ATTACHMENT 3
governmental agency or public agency authorized by law.” Accordingly, the Malibu City Council (“City Council”) is one of the many “governing bodies of political subdivisions of this state” upon which the California Government Code confers emergency powers to promulgate orders and regulations necessary to provide for the protection of life and property during times of a local emergency.

The procedural manner by which a city or other political subdivision of the state invokes the emergency powers conferred by the California Government Code is by formally declaring the existence of a local Emergency. As Los Angeles County has explained in an appendix to its Operation Area Emergency Response Plan:

What is a local emergency?
Conditions of disaster or extreme peril . . . to safety of persons/property that are likely to exceed
resources/capability of the “proclaiming” political
jurisdiction.

Where is it proclaimed?
Within a county, city and county, or city.

Who proclaims it?
It depends on each jurisdiction’s ordinance. Usually the mayor, city manager, police, fire chief, or emergency
manager. . . .

Why proclaim a local emergency?
It provides:
• immunity from negligence
• authority to promulgate emergency orders and
regulations
• confers extraordinary police powers
• exceptions to statutorily mandated procedures
• first step in process to access state/federal disaster relief programs.
1 1 See L.A. County Operation Area Emergency Response Plan, at p.131(Appendix H) (https://areadonline.com/wp-content/uploads/2021/03/OAERP-Approved-Adopted_Version_ The California Governor’s Office of Emergency Services (“CalOES”) has similarly described the purposes of a local emergency proclamation as being to “provide extraordinary police powers; immunity for emergency actions; [and] authorize issuance of orders and regulations,” among other things.2 Alameda County, Glenn County, Mariposa County, Santa Clara County, and the cities of Berkely, Palo Alto, San Jose, and Campbell, among others, have publicly described the California Government Code as conferring “extraordinary police powers” upon the governing bodies of counties and cities in the case of a duly declared public emergency.3 Even without the California Government Code, the common law has long recognized and acknowledged the “police powers” of local government to act to protect the health, safety and welfare of the community. In that regard, the United States Supreme Court has gone so far as to hold that “[e]ven the personal liberty of the citizen may be temporarily restrained as a measure of public safety” pursuant to the common law police powers of the government during times of a public emergency.4 Consistent with this historical precedent, the Court of Appeal of California has instructed that the chapter of the California Government Code that address the emergency powers of the Governor to address a public emergency “makes clear that in situations of ‘extreme peril’to the public welfare the State may 6-19-2012.pdf). A similar explanation appears at the L.A. County CEO Emergency Management website (https://ceo.lacounty.gov/proclamations-declarations/). 2 See https://saltonsea.com/wp-content/uploads/2019/11/Cal-OES-Emergency-ProclamationCDAA-Process-Fact-Sheet-FINAL-Feb-2019-c1.pdf; https://www.caloes.ca.gov/office-ofthe-director/operations/recovery-directorate/interagency-recovery-coordination/proclamation -process/.
3 See https://www.acgov.org/ready/documents/EmergencyOperationsPlan.pdf (Alameda County); https://www.countyofglenn.net/sites/default/files/Office_of_Emergency_Services/ Glenn%20OA%20EOP-%20Basic%20Plan%202019_3.pdf (Glenn County); https://www.mariposacounty.org/DocumentCenter/View/87789/Resolution_2020-732?bidId= (Mariposa County); https://emergencymanagement.sccgov.org/sites/g/files/exjcpb261/ files/document/2022%20E OP_County%20of%20Santa%20Clara_01.20.2022%20 Accessibility%20Check.pdf (Santa Clara County); https://berkeleyca.gov/sites/default/ files/2022-04/2016-Emergency-Operations-Plan.pdf (Berkely); https://www.cityofpalo alto.org/files/assets/public/v/1/agendas-minutes-reports/reports/city-manager-reports-cmrs/ year-archive/2020/id-11192-covid.pdf (Palo Alto); http://www3.sanjoseca.gov/clerk/ Agenda/20110222/20110222attC.pdf (San Jose); http://lflink.campbellca.gov/ LFLINK/DocView.aspx?id=206150&dbid=0&repo=CityHall&cr=1 (Campbell). 4 See Yakus v. United States, 321 U.S. 414, 443 (1944). exercise its sovereign authority to the fullest extent possible consistent with individual rights and liberties.”
5 In reliance upon the emergency powers conferred by the California Government Code, the City of Encinitas recently declared a local emergency in response to the growing number of reported collisions involving bicyclists. Among other things, the emergency declaration authorized the placement of electronic messaging boards at high collision and traffic areas, reminding motorists and bicyclists of the importance of roadway safety.
6 Outside of California, the Town of Longbeach, New
Jersey, declared a public emergency in 2020 based on a similar grant of legislative authority, and reduced the speed limit to 15 miles per hour along certain roadways that ran through the town to address a “significant increase in pedestrian traffic” during the COVID-19 pandemic7 Both of these actions are consistent with the observation of the Puerto Rico Supreme Court that it is readily apparent that “‘the urgent public necessity’ created by the incidence of fatal accidents on our roads” is “included in the list of civil emergencies” that support the exercise of extraordinary police powers by local government to protect the health, safety and welfare of the community.8
Other examples of actions taken by the governing bodies of counties and cities in California to address a local emergency include the adoption of eviction moratoriums, gathering restrictions, and other public safety measures during the COVID-19 pandemic.

In addition to the foregoing, the City Council has twice declared a local emergency to deal with encampments of unhoused individuals that would have been beyond the authority of Malibu to address in the absence of such a declaration.

2. The City Council’s Declaration of Local Emergency
On November 13, 2023, the City Council voted unanimously to declare a local emergency arising out of extreme peril to persons and property resulting from the marked increase in dangerous, illegal, reckless and/or distracted driving on Pacific Coast Highway (“PCH”) in the Malibu (the “Local Emergency Declaration”). The 5 California Correctional Peace Officers Assn. v. Schwarzenegger, 163 Cal. App. 4th 802, 6 See https://www.encinitasca.gov/Home/Components/News/News/53/405. 7 See https://www.longbeachtownship.com/emergency-order-15mph-speed-limit/. 8 See People v. Superior Court of P.R., 86 D.P.R. 834, (P.R. Supr. 1962) (citing Yakus).

Local Emergency Declaration was made pursuant to the statutory authority of the California Government Code. As explained in the Council Agenda Reports for the City Council’s consideration of the Local Emergency Declaration on November 13 and its proposed extension tonight (together, the “Council Agenda Report”):
[The California Government Code] empowers the City Council to proclaim the existence of a Local Emergency when there is extreme peril to the safety of persons and property within the territorial limits of the City. Additionally, California Government Code Section 8634 empowers the City Council to promulgate orders and regulations necessary to provide for the protection of life and property during the time of a Local Emergency. These statutes codify the constitutional “police powers” of local governments to adopt local legislation designed to protect the health, safety, and welfare of the community.

The Council Agenda Report further states:
. . . The status and use of [PCH] currently constitutes a condition, or threatened condition, of extreme peril to the safety of persons and property within the City of Malibu. PCH is the City’s main thoroughfare[,] and each day serves as a commuting route, a residential street, a business corridor, and for persons accessing beaches and other local recreation amenities, a pathway used by pedestrians and cyclists.

PCH is a California State Highway (State Route 1) that is managed and maintained by the California Department of Transportation (“Caltrans”) with a posted speed limit ranging between 40-55 miles per hour in the City. Excessive speeding, reckless driving, unsafe U-turns, and distracted driving caused by cell phone use and other distractions have resulted in increased collisions with other motorists, cyclists and pedestrians on PCH that have resulted in injury and death.

According to data from the Statewide Integrated Traffic Records System obtained through UC Berkley’s Transportation Injury mapping System, between 2018 and 2022 there were 22 deadly crashes on PCH in the City, resulting in the death of 23 people. Data from the California Highway Patrol[] indicates that there have been 49 fatalities along PCH in Malibu from 2012-22. And finally, the Los Angeles Times has reported that there have been 170 combined deaths and serious injuries to drivers, passengers, cyclists and pedestrians between 2011 and 2023 along PCH in the City. Further, countless other close calls or near misses from the danger posed by the conduct on PCH are impossible to quantify. Most recently, a crash occurred on PCH resulting in the tragic and unnecessary loss of four Pepperdine University students who were walking along PCH. According to authorities, the driver of the car was allegedly traveling at a speed in excess of 100 miles per hour when his vehicle lost control, sideswiped at least three parked cars and then crashed into a group of people including the four Pepperdine University students and two others.

These statistics and most recent tragedy are all consistent with the dayto-day experience of City residents, visitors, officials, and staff. PCH has become increasingly dangerous to residents and visitors due to the common occurrence of drivers speeding, driving recklessly, or driving while distracted. Residents and visitors are now forced to weigh and modify their use of PCH depending on the time of day and other factors (e.g., weather, weekend vs. weekday, existing traffic conditions, etc.) because of the danger posed. Despite efforts by the City and other governmental agencies to improve the safety of PCH, the point has been reach that the risk is just too great. The status quo is no longer acceptable and action must be taken to mitigate this local emergency.

Consistent with the foregoing, the Local Emergency Declaration states, among other things, as follows:

The increase in dangerous, illegal, reckless and/or distracted driving on PCH in the City currently poses extreme peril to persons and property in Malibu. As such, a local emergency now exists throughout the City of Malibu, which will remain in effect until the extreme danger has subsided.

The Local Emergency Declaration also states:

The local emergency shall be deemed to continue and exist until its termination is proclaimed by the City Council. As required by law, the City Council shall review the need to continue the state of emergency every 60 days until this resolution is terminated.

3. The Need for Further Actions to Combat the Local Emergency In addition to being formally and officially declared by the City Council, the extreme peril to life and property posed by the dangerous conditions of PCH in Malibu have been publicly acknowledged by State Senator Ben Allen, State Assemblymember Jacqui Irwin, and L.A. County Supervisor Lindsey Horvath, among others – all of whom have been working publicly and behind scenes to secure support from the State and L.A. County to adopt and implement measures to reduce the dangerous conditions of PCH in Malibu. Unfortunately, unlike the wheels of speeding vehicles on PCH, the wheels of government turn slowly, and the state’s actions (as opposed to words) to reduce, if not eliminate, the dangerous conditions of PCH in Malibu are moving at a snail’s pace and not expected to yield meaningful (if any) results for well over a year or more. In the meanwhile, the extreme peril to life and property continues unabated.

Over the course of the past few weeks, representatives of CalTrans have visited Malibu and participated in public discussions about safety and/or traffic calming measures that CalTrans can pursue to improve safety on PCH in Malibu. Although CalTrans has implemented and/or undertaken to implement some safety and/or traffic calming measures, those measures are largely cosmetic and substantially less than what is required to abate the local emergency. To put it bluntly, CalTrans’ actions and proposals amount to little more than putting lipstick on a pig.

For the past two months, Mayor Uhring and Councilmember Silverstein have repeatedly advocated that the City Council adopt safety and/or traffic calming measures that will improve the safety of PCH in Malibu until such time as CalTrans takes effective action. In addition to increasing the presence of law enforcement on PCH, safety and/or traffic calming ideas that have been put forward for consideration include the following:
● Impose a curfew with specified exceptions – e.g., Nobody shall drive on PCH within the territorial limits of the City of Malibu after sundown; provided, however, that such restriction shall not apply to persons who abide by such emergency speed limit signs posted by the City of Malibu, stop at emergency stop signs posted by the City of Malibu, and honor such other emergency traffic calming measures adopted and promulgated by the City of Malibu.
● Place multiple electronic signs throughout the city with warnings of various matters that may have the effect of slowing traffic – such as “Danger Ahead, Proceed with Caution” / “Safety
Corridor / Reduce Speed” / “Slow Down / Speed Checked by Radar.”. Such signs might even add “Fines Tripled for
Speeding.”
● Place additional decoy law enforcement vehicles along PCH. ● Erect flashing red and/or yellow lights and/or temporary stop lights.
● Create temporary pedestrian crosswalks, and prohibit pedestrians from crossing PCH in areas that are not designated for
pedestrians.
● Place temporary and removable speed bumps on PCH in certain places.
● Restrict the right of vehicle operators to drive in excess of posted emergency limits, such as 35 or 40 miles per hour for open stretches of PCH and 25 miles per hour where there are homes or businesses along PCH.
● Restrict the right of vehicle operators to drive without stopping at specified emergency stoplights or stop signs.
● Declare that driving in excess of specified speeds endangers persons and property and is not reasonable or prudent on specified stretches of PCH, which will trigger a reduced speed limit pursuant to Section 22350 of the California Vehicle Code. ● Request and/or direct that the Sheriff implement sobriety check points (perhaps at multiple points) on all nights that racing on PCH is known to occur.
● Narrow the width of lanes with K Rails or Collapsable lane separators to narrow lanes – such as those used in front of Dukes, Geoffreys, and the Calamigos Beach Club on PCH, and near HRL on Malibu Canyon.
● Close lanes from time to time and place to place, leaving only one lane for traffic flowing in a given direction.
● Close the center turn lane of PCH and/or prohibit U-turns and certain other turns from PCH.
● Eliminate parking on certain stretches of PCH.
● Create one or more Interim Safety Corridors
● Investigate use of self-driving cars to calm traffic
Other ideas are welcome from other Councilmembers, members of the City Staff, and members of the public.

4. The Objections that Have Been Raised to the City Council Taking Further Action Pursuant to the Local Emergency Declaration It has been argued that traffic calming measures are meaningless if the L.A. Sheriff’s Department and California Highway Patrol will not enforce them. Some traffic calming measures, however, will reduce speeding without regard to enforcement.

Closing and/or narrowing the width of lanes, for example, will make PCH less susceptible to speeding, racing, and reckless driving. Additionally, multiple electronic warning signs, flashing lights, lower speed limit signs, and threats of fines will have a deterrent effect for motorists that would not otherwise exist in the absence of such measures. Again, this is so without regard to enforcement.

Moreover, it also is easy for law enforcement officials to state that they will not enforce traffic calming measures adopted by Malibu when no such measures exist, and the issue is merely hypothetical. It is, however, more difficult to ignore and/or disregard lawfully adopted measures after they have been adopted, and Malibu can seek legal recourse of law enforcement officials refuse to enforce Malibu’s duly adopted emergency measures.

It also has been argued that Malibu lacks the authority to take action to calm traffic on PCH without the authorization of CalTrans. In that regard, the Council Agenda Report asserts:

PCH is a State Highway managed and controlled by Caltrans. Sections 83 and 90 of the Street and Highways Code state that Caltrans has jurisdiction, possession, control and responsibility for the maintenance of State Highways. Further sections of the Streets and Highways Code make clear that Caltrans is the entity with decision-making power over PCH in the City, including improvements, safety elements and speed limits. Further, Streets and Highway Code section 124 states that it is Caltrans, not the City, that can restrict the use of, or close, a State Highway for the protection of the public.

As discussed below, the Council Agenda Report overstates the force and effect of Sections 83, 90 and 124 of the Street and Highways Code, which provide as follows:

Section 83. Any public street or highway or portion thereof which is within the boundaries of a state highway, including a traversable highway adopted or designated as a state highway, shall constitute a part of the right of way of such state highway without compensation being paid therefor, and the department shall have jurisdiction thereover and responsibility for the maintenance thereof.

Section 90. The department shall have full possession and control of all state highways and all property and rights in property acquired for state highway purposes. The department is authorized and directed to lay out and construct all state highways between the termini designated by law and on the locations as determined by the commission.

Section 124. The department may restrict the use of, or close, any State highway whenever the department considers such closing or restriction of use necessary:
(a) For the protection of the public.
(b) For the protection of such highway from damage
during storms or during construction, improvement or
maintenance operations thereon.

Although Sections 83, 90 and 124 of the Street and Highways Code do vest CalTrans with jurisdiction over and possession and control of PCH, these provisions do not contain any express restriction against Malibu’s exercise of concurrent jurisdiction pursuant to the California Government Code’s grant of authority to take action to address a duly declared local emergency. Nor does the Council Agenda Report identify any decisional law that addresses this issue.

The view that CalTrans’ approval is required before other state agencies or political subdivisions can act to address a local emergency is contrary to the fact that the Sheriff’s Department closed down PCH (as well as Malibu Canyon, Kanan Dume Road and various local roads) to traffic seeking to enter Malibu during and following the Woolsey Fire. Law enforcement officers also routinely shut down one or more lanes of PCH, and even shut down PCH entirely from time-to-time, to deal with the aftermath of vehicle collisions, and also to conduct DUI checkpoints.

The view that CalTrans’ approval is required before a local government can take action to address a local emergency involving PCH also is inconsistent with the authority of local governments to enter private property to abate a public nuisance despite the fact that the property owner indisputably has possession and control of the property that is otherwise inviolate in the absence of a public emergency.

The only way to find out for certain whether Malibu has the authority to make PCH safer without CalTrans’ approval is for Malibu to do so and let the chips fall where they may. If CalTrans should challenge Malibu’s authority to take such action, the California Courts will determine the extent of Malibu’s authority pursuant to the California Government Code. If Malibu should prevail in such litigation, we will have performed a great service to the community. If Malibu should lose such litigation, Malibu will have incurred attorneys’ fees defending its efforts to protect the community, but the risk of liability is remote because the California Government Code provides Malibu with immunity from liability for the discretionary actions it takes pursuant to the Local Emergency Declaration – even actions that would otherwise all within the exclusive jurisdiction of CalTrans. Specifically, Sections 8655 and 8656 of the California Government Code provides as follows:

Section 8655. The state or its political subdivisions shall not be liable for any claim based upon the exercise or performance, or the failure to exercise or perform, a discretionary function or duty on the part of a state or local agency or any employee of the state or its political subdivisions in carrying out the provisions of this chapter. * * *
Section 8656. All of the privileges and immunities from liability; exemptions from laws, ordinances, and rules; all pension, relief, disability, workers’ compensation, and other benefits which apply to the activity of officers, agents, or employees of any political subdivision when performing their respective functions within the territorial limits of their respective political subdivisions, shall apply to them to the same degree and extent while engaged in the performance of any of their functions and duties extraterritorially under this chapter.

In reliance upon Sections 8655 and 8666 of the California Government Code, the Court of Appeal of California affirmed the statutory immunity from liability of California Water Reclamation District Number 17 (“District 17”) for cutting a levee in a failed effort to avert flooding during a local emergency.9 The levee cut by District 17 was under the exclusive jurisdiction, possession, and control of Water Reclamation District Number 2096 (“District 2096”), which did not approve the actions of District 17. The lawsuit in that matter was brought by Thousand Trails, 9 See Thousand Trails, Inc. v. California Reclamation Dist. No. 17, 124 Cal. App. 4th 450 (2004).

Inc. (“Trails), which was the owner of a campground that was flooded by District 17’s failed emergency extra-jurisdictional action. As the Court explained in affirming District 17’s statutory immunity from liability:

Trails argues no immunity can apply unless District 17 establishes the reasonableness of its actions in cutting the levee. According to Trails, District 17 acted unreasonably in cutting a levee outside its jurisdiction.

District 2096 maintained the levee District 17 ordered cut. Trails also points out that District 2096 never formally approved the cuts.

However, under section 8656: “All of the privileges and immunities from liability … which apply to the activity of officers, agents, or employees of any political subdivision when performing their respective functions within the territorial limits of their respective political subdivisions, shall apply to them to the same degree and extent while engaged in the performance of any of their functions and duties extraterritorially under this chapter.” Under section 8656, District 17’s immunity under the emergency declaration extended to its activities on levees outside its territory or jurisdiction.10
The court also offered the following further support for its decision:

The purpose of the Act is self-explanatory. In situations in which the state must take steps necessary to quell an emergency, it must be able to act with speed and confidence, unhampered by fear of tort liability.

The undisputed facts show that, faced with the prospect of massive flooding, the Governor of California, the County, and the District 17 trustees declared a state of emergency. District 17’s board of directors 10 Id. at 459.
11 Id. at 458 (citations omitted).
later adopted the trustees’ declaration of emergency. The Act does not require that specific actions undertaken during a flood emergency be codified in a preexisting flood fight plan.

Trails cites no authority for its insistence that the trustees must follow a carefully mapped-out scheme of flood prevention in order to avail themselves of immunity. Such a requirement is inimical to the purpose of the Act: to allow decision makers to act quickly during emergencies to protect the public.

Nor does District 17’s later adoption of a flood fight plan alter our views. It strains credulity to hold District 17 to standards it promulgated in the wake of disaster. To strip an agency of immunity because after the fact it attempts to improve its response to an emergency would be contrary to a public policy of promoting public safety. Penalizing subsequent efforts to improve public safety would severely undermine the purpose of the Act.12
In a more recent decision involving a challenge to actions the City of Beaumont pursuant to a Declaration of Local Emergency, the Court of Appeal sustained the city’s immunity from liability, explaining, in pertinent part, as follows:

Regardless of the argument made by [Appellant], or the finding of the trial court in sustaining the demurrer, Government Code section 8655 provides that “The state or its political subdivisions shall not be liable for any claim based upon the exercise or performance, or the failure to exercise or perform, a discretionary function or duty on the part of a state or local agency or any employee of the state or its political subdivisions in carrying out the provisions of this chapter.” Here, the emergency resolution adopted by the City was pursuant to Government Code section 8558, subdivision (c), which provides in pertinent part “‘Local emergency’ means the duly proclaimed existence of conditions of disaster or of extreme peril to the safety of persons and property within the territorial limits of a county, city and county, or city.” The provisions, ante, are part of Chapter 7, the Emergency Services Act. “The purpose of the Act is self-explanatory. In situations in which the state must take steps necessary to quell an emergency, it must be able to act with speed and confidence, unhampered by fear of tort liability. 12 Id. at 459.

A state of emergency imposes severe time constraints, forcing decisions to be made quickly and often without sufficient time to carefully analyze all potential repercussions. Therefore, the immunity granted by the Act is broad and specifically extended to encompass not only discretionary actions, but also the performance of or failure to perform those discretionary actions.” As such, the City has immunity for any claim based on their adoption of the emergency resolution . . . . 13 Moreover, without regard to the outcome of the litigation, we will have done our level best to protect the community, and the press will have a field-day covering CalTrans’ interference with Malibu’s efforts to make PCH safe.

Finally, CalTrans may refrain from taking any action as a result of an internal determination that Malibu has the right to take action to make PCH safer and/or political expediency. If so, Malibu will have succeeded in changing the currently unsafe dynamic without the feared resistance by CalTrans.

While there are many known unknowns, one thing is certain:
“If nothing changes, nothing changes. If you keep doing what you’re doing, you’re going to keep getting what
you’re getting. You want change, make some.”
― Courtney C. Stevens, The Lies about Truth
13 Peters v. City of Beaumont, 2022 Cal. App. Unpub. LEXIS 1522 at **22-23 (March 14, 2022) (citations omitted).

From: Barry W. Stewartl
Date: Tue, Dec 26, 2023 at 5:31 AM
Subject: Re: Malibu Council Agenda Item Request
To: Bruce Silverstein
Cc: Steve Uhring
Councilman Silverstein,
, Desmond Williams
Thank you for your email and for your proposal to implement true corrective measures to make PCH Malibu safer.

I wholeheartedly support the intent behind your proposal.

In my view, the measures listed below need to be implemented.

I have developed this list after consulting with a number of traffic safety experts, LASO members, and Malibu residents.

I believe these measures balance the legitimate need of law-abiding drivers to proceed efficiently, with the need to minimize traffic injuries and deaths.

I suspect some of these measures may be implemented unilaterally by Malibu under the emergency measures provision. Some will require cooperation of Caltrans and the state legislature. I am willing to help you, interested citizens, elected officials, and law enforcement to lobby Caltrans and the legislature.

In a November 14 presentation to the PCH task force, LASO Captain Seetoo showed a heat map which revealed that a roughly 4 mile stretch of PCH Malibu accounted for a significant majority of deaths and injury incidents, including the Oct 17 incident that killed my daughter Peyton and three of her Pepperdine sorority sisters.

Within that ~4 mile part of PCH:

1. Implement "quick build" traffic calming measures that are inexpensive, fast to implement, and reconfigurable. Such measures include improved road striping and signage, movable barriers between traffic lanes and sidewalks, stoplights synchronized such that travel at or below the speed limit is encouraged. Permanent measures can be implemented once the quick build ones have been tested and revised such as to optimize their effectiveness. Permanent measures could include additional traffic lights or roundabouts, and permanent medians or barriers.

2. Reduce the speed limit to 35 MPH. A 4 mile drive at 35 mph takes only 90 seconds longer than a 4 mile drive at 45 mph.

3. Implement speed cameras with automated ticketing to enforce that limit. Cameras have been proven to reduce speeds in traffic injuries and deaths in jurisdictions where they have been implemented. They also free up one Forssman personnel to address crimes that require officer ATTACHMENT 4

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Agenda Item # 6.B.

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Alexis Brown, Deputy City Manager
Approved by: Steve McClary, City Manager
Date prepared: December 13, 2023 Meeting date: January 22, 2024 Subject: Reorganization of City Council Agenda Format for Regular City Council Meetings (Continued from January 8, 2024)
RECOMMENDED ACTION: 1) Adopt Resolution No. 23-53 superseding and replacing Resolution No. 99-007 and Section 1 (VI)(A) of Resolution No. 98-083 to establish the start time and format for Regular City Council Meetings, 2) After the City Attorney reads the title of the ordinance, introduce on first reading Ordinance No. 514 amending Malibu Municipal Code Section 2.08.010 and determining the start time of regular City Council meetings shall be set by resolution, and 3) Direct staff to schedule second reading and adoption of Ordinance No. 514 for the January 22, 2024 City Council Regular meeting.

FISCAL IMPACT: There is no fiscal impact associated with the recommended action.

STRATEGIC PRIORITY: This item supports the Malibu Culture priority identified in the Adopted FY 2023-24 Strategic Priority Project List.

DISCUSSION: The suggested agenda reorder is intended to better promote community engagement and improve culture. On September 27, 2023, the Malibu City Council adopted a new Strategic Work Plan identifying 20 items as “Priority Projects.” Under the core focus of Top Workplace Culture-Recruitment and Retention, the main project identified as Malibu Culture highlighted several key areas such as recruitment and retention, workplace morale and employee culture. Several initiatives to support the Malibu Culture Project were discussed: including consideration for the re-ordering of the City Council’s agenda format and establishing a new start time for regular meetings.

In the proposed changes, you will see a recommended start time of 6:00 PM, a reprioritization of the consent agenda and council/committee/commission reports, and the separation of in-person public comment for items not on the agenda from remote City Council Meeting
01-22-24
Item

6.B.
1

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Agenda Item # 6.B.
participation. The new format is intended to prioritize city business, promote local public participation, promote dialogue on the actionable agenda items, and assist in mitigating security concerns related to zoom bombings.

Additionally, the agenda re-order is an effective strategy to address staff burnout by promoting effective time management and a healthier balanced work environment.

Achieving a healthy work-life balance is not only beneficial for our employees’ well-being, but also positively influences productivity, job satisfaction and overall organizational success. This furthers the city’s efforts for an effective recruitment and retention strategy, with an overall benefit and goal of providing quality service for the Malibu community.

The main changes are summarized as follows:
• Earlier Start Time - a 30 minute earlier start time to help Council deliberate on actionable City business items at a reasonable hour as well as facilitate the administrative or ministerial items to be done earlier. • Presentations – moved ceremonial items up to allow for those participants to have their items done first and not be delayed. It is recommended that nonceremonial presentations be taken up after the consent calendar. • Consent Calendar – moved up earlier in the meeting to allow for both Council and Staff to complete these administrative items earlier and not be delayed by other actions. In addition, the suggested “Guide to the City Council Proceedings” section describes how the public can still comment on the whole of the Consent Calendar and then a Councilmember can pull an item. This is the standard practice that California cities follow.
• Public Comment, In-Person and Remote (4A and 9A) – Public comment section is suggested to be split to encourage local dialogue of in-person participants and deter security issues with remote participants. The Council could also decide to limit the time of comments during the initial 4A section to facilitate proceeding to timely business matters
• Reports and Announcements – as was suggested during the strategic work sessions, this agenda section is moved to the end of the meeting to allow the actionable City business items to be the focus of the meeting earlier.

If approved by Council, the agenda order change will be initiated in March. The Council can try the new order for a few months and see if it’s working and supported. The Council can easily change it to another order at a later date.

ALTERNATIVES:
• Provide Direction to Staff and reprioritize proposed agenda format. • Take No Action and continue to conduct meetings as established by Resolution No. 99-007 and Resolution No. 98-083.
2

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Agenda Item # 6.B.

ATTACHMENTS:

1. Resolution No. 23-53

2. Ordinance No. 514

3. Mock Up on New Agenda Format
3 RESOLUTION NO. 23-53

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MALIBU
SUPERSEDING AND REPLACING RESOLUTION NO. 99-007 AND SECTION 1(VI)(A) OF RESOLUTION NO. 98-083 AND ESTABLISHING THE START

TIME AND FORMAT FOR REGULAR CITY COUNCIL MEETINGS
The City Council of the City of Malibu does hereby find, order, and resolve as follows:

SECTION 1. This resolution supersedes and replaces Resolution No. 99-007 and Section (VI)(A) of Resolution 98-083.

The following format for regular City Council agendas is hereby adopted:

A. Format: The format of the City Council agendas shall be as follows unless otherwise re-ordered by Council at a specific meeting.

1. Call to Order

2. Roll Call

3. Pledge of Allegiance

4. Closed Session Report

5. Report on Posting of the Agenda

6. Approval of the Agenda

7. Ceremonial Presentation(s)

8. Consent Calendar

9. Presentations and Updates

10. Written and Oral Communications from the Public Participating In-Person

11. Ordinances and Public Hearings

12. Old Business

13. New Business

14. Council Items

15. Oral Communications from the Public Participating Remotely

16. Reports and Announcements(Commission, City Council and City Manager)

17. Adjournment
SECTION 2.

The start time for regular City Council meetings is governed by Malibu Municipal Code Section

2.08.010. This section allows the meeting time to be changed by resolution of the City Council. The regular meeting time of the City Council is hereby adopted as follows:

A. Regular meetings of the City Council shall be held on the second and fourth Mondays of each month at 6:00 p.m. Closed session may be held between 5:00 p.m. and 6:00 p.m. No closed session will be held during said hours unless the posted agenda of the regular meeting indicates that such sessions will take place; in the absence of such notification, the regular meeting shall commence at the hour of six p.m.

B. Prompt Call to Order at 6:00 p.m. and adjournment by 10:00 p.m. 4 Attachment 1
Resolution No. 23-53

Page 2 of 2 ends

_____________________
a. The City Council shall start their regular meetings promptly at 6:00 p.m. The City Council shall not hear any new items of business after 10:00 p.m. unless two-thirds of City Councilmembers vote to do so. Prior to adjournment, the City Council shall allow for public comment and take up those items required by law.

SECTION 3. This resolution shall take effect February 1, 2024.

SECTION 4. The City Clerk shall certify to the passage and adoption of this resolution and enter it into the book of original resolutions.

PASSED, APPROVED, and ADOPTED this __th day of ____ 2024. _____________________________
STEVE UHRING, Mayor
ATTEST:
__________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
APPROVED AS TO FORM:
__________________________________
TREVOR RUSIN, Interim City Attorney
5 ORDINANCE NO. 514

AN ORDINANCE OF THE CITY OF MALIBU AMENDING MALIBU
MUNICIPAL CODE SECTION 2.08.010 AND DETERMINING THE START

TIME OF REGULAR CITY COUNCIL MEETINGS SHALL BE SET BY

RESOLUTION
The City Council of the City of Malibu does ordain as follows:

SECTION 1. Amendments
A. Section 2.08.010 of the Malibu Municipal Code is amended to read as follows:
“Regular meetings of the Malibu City Council shall be held on the second and fourth Mondays of each month, or, if any such day is on a holiday, then the meeting scheduled on such day shall be held in the council chambers on the next succeeding day which is not a holiday. The regular meeting times of the Malibu City Council shall be set by resolution of the City Council.”
SECTION 2. The City Clerk shall certify the adoption of this ordinance.

PASSED, APPROVED AND ADOPTED this __th day of ____ 2024. ____________________________
STEVE UHRING, Mayor
ATTEST:
__________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
Date: _________________________
APPROVED AS TO FORM:
__________________________________
TREVOR RUSIN, Interim City Attorney
Attachment 2
6 Ordinance No. 514

Page 2 of 2 ends

____________________
I CERTIFY THAT THE FOREGOING ORDINANCE NO. 514 was passed and adopted at the Regular City Council meeting of January 8, 2024, by the following vote:

AYES: 5 Councilmembers: Grisanti, Riggins, Silverstein, Stewart, Uhring NOES: 0
ABSTAIN: 0
ABSENT: 0
__________________________________
KELSEY PETTIJOHN, City Clerk
(seal)
7 HOW TO VIEW THE MEETING: The meeting will be live streamed at www.malibucity.org/video and via Zoom Webinar.

HOW TO PARTICIPATE BEFORE THE MEETING: Members of the public are encouraged to submit email correspondence to [email protected] before the meeting begins.

HOW TO PARTICIPATE IN-PERSON DURING THE MEETING: Members of the public may speak during the meeting in-person or through the Zoom application. In order to participate in-person, each speaker must complete and submit to the Recording Secretary a Request to Speak form. In-person participants may also surrender their opportunity to speak on a particular item to defer one minute to another in-person speaker.

HOW TO PARTICIPATE REMOTELY DURING THE MEETING: Members of the public may speak during the meeting in-person or through the Zoom application. In order to participate remotely, you must be present in the Zoom Webinar during the item that you would like to speak on and use the Raise Hand feature to request to speak when the Mayor calls the item. When you join the Zoom Webinar you may see a pop-up asking you to enter an email address, but a valid email address is not required. Be advised that those participating via Zoom do so at their own risk; remote participants should not expect the meeting to be cancelled or continued due to the inability of some members of the public to access the remote meeting.

Malibu City Council
Regular Meeting Agenda
Monday, February 12, 2024
5:00 P.M. - CLOSED SESSION
City Hall – Council Chambers (call to order)
Westward Room (closed session)
23825 Stuart Ranch Road
6:00 P.M. – CITY COUNCIL REGULAR MEETING
City Hall – Council Chambers
23825 Stuart Ranch Road
Zoom Webinar Link:

Five p.m. Convene for Purpose of Closed Session
Call to Order – Mayor (Council Chambers)
Public Comment on Closed Session Items
Attachment 3
8 City Council Regular Meeting Agenda Page - 2 - February 12, 2023 Recess to Closed Session (to be held in the Westward Room) This time has been set aside for the City Council to meet in a closed session to discuss matters pursuant to Government Code Section 54956.9. Based on the advice of the City Attorney, discussion in open session concerning these matters would prejudice the position of the City in this litigation. The City Attorney will give an additional oral report regarding the Closed Session at the beginning of the next regular City Council meeting.

At the conclusion of the Closed Session, the Council may continue any item listed on the Closed Session agenda to the Open Session agenda for discussion or to take formal action as it may deem appropriate.

Six p.m. Regular Session
Call to Order - Mayor
Roll Call - Recording Secretary
Pledge of Allegiance
Closed Session Report
Report on Posting of Agenda
Approval of Agenda

1. Ceremonial Presentations

2. Consent Calendar
A. Previously Discussed Items
B. New Items

3. Presentations and Updates

4. Written and Oral Communications from the Public Participating In-Person A. Communications from the Public concerning matters which are not on the agenda but for which the City Council hassubject matter jurisdiction. City Council may not act on these matters except to refer the matters to staff or schedule the matters for a future agenda.

5. Ordinances and Public Hearings

6. Old Business

7. New Business

8. Council Items
9 City Council Regular Meeting Agenda Page - 3 - February 12, 2023

9. Oral Communications from the Public Participating Remotely A. Communications from the Public concerning matters which are not on the agenda but for which the City Council hassubject matter jurisdiction. City Council may not act on these matters except to refer the matters to staff or schedule the matters for a future agenda.

10. Reports and Announcements
A. Commission and Committee Reports
B. Mayor and Councilmember meeting attendance, reports and inquiries C. City Manager Report
Adjournment
Future Meetings
Guide to the City Council Proceedings
The Oral Communication portions of the agenda are for members of the public to present items, which are not listed on the agenda but are under the subject matter jurisdiction of the City Council. No action may be taken under, except to direct staff, unless the Council, by a two-thirds vote, determines that there is a need to take immediate action and that need came to the attention of the City after the posting of the agenda. Although no action may be taken, the Council and staff will follow up, at an appropriate time, on those items needing response. Each speaker is limited to three (3) minutes.

Members of the public may speak during the meeting in-person or through the Zoom application. In-person comments will be heard in section 4.A. and remote comments will be heard in section 9.A. In order to participate remotely, you must be present in the Zoom Webinar during the item that you would like to speak on and use the Raise Hand feature to request to speak when the Mayor calls the item. In order to participate in-person, each speaker must complete and submit to the Recording Secretary a Request to Speak form prior to the beginning of the item being announced by the Mayor.

In person participants may surrender their time by deferring one (1) minute to another speaker, not to exceed a total of eight (8) minutes. The speaker wishing to defer time must be present when the item is heard, and their form must be submitted with the speaker form for the individual they are deferring time to. Speakers are taken in the order slips are submitted or hands are raised.

Itemsin Consent Calendar Section A have already been considered by the Council at a previousmeeting where the public was invited to comment, after which a decision was made. These items are not subject to public discussion at this meeting because the vote taken at the previous meeting was final. Resolutions concerning decisions made at previous meetings are for the purpose of memorializing the decision to assure the accuracy of the findings, the prior vote, and any conditions imposed.

Items in Consent Calendar Section B have not been discussed previously by the Council. If discussion is desired, an item may be pulled from the Consent Calendar for individual consideration by Councilmember request.

Councilmembers may indicate a negative or abstaining vote on any individual item by so declaring prior to the vote on the motion to adopt the entire Consent Calendar. Items excluded from the Consent Calendar will be taken up by the Council following the action on the Consent Calendar. The Council will take up the removed itemsin sequential order. Public speakers may comment on Consent Calendar items before the Consent Calendar is taken up by the Council. Public comment shall follow the rules as set forth under Oral Communication For Public Hearings involving zoning matters the appellant and applicant will be given 15 minutes each to present their position to the City Council, including rebuttal time. All other testimony shall follow the rules as set forth under Oral Communication.
10 City Council Regular Meeting Agenda Page - 4 - February 12, 2023 Old Business items have appeared on previous agendas but have either been continued or tabled to this meeting with no final action having been taken. Public comment shall follow the rules as set forth under Oral Communication.

Items in New Business are items which are appearing for the first time for formal action. Public comment shall follow the rules as set forth under Oral Communication.

City Council Items are items which individual members of the City Council may bring up for action, to propose future agenda items or to suggest future staff assignments.

After 10:00 p.m., no new items will be taken-up until the Council hears oral communications from the public participating remotely and the Councilmember provide their meeting attendance reports. No other new items will be taken up after 10:00 p.m. without a two-thirds vote of the City Council.

City Council meetings are aired live and replayed on City of Malibu Government Access Channel 3 and are available on demand on the City’s website at www.malibucity.org/video. Copies of the staff reports or other written documentation relating to each item of business described above are on file in the office of the City Clerk, Malibu City Hall, 23825 Stuart Ranch Road, Malibu, California, and are available for public inspection during regular office hours, which are 7:30 a.m. to 5:30 p.m. Monday through Thursday and 7:30 a.m. to 4:30 p.m. Friday. Written materials distributed to the City Council within 72 hours of the City Council meeting are available for public inspection immediately upon distribution in the City Clerk's office at 23825 Stuart Ranch Road, Malibu, California (Government Code Section 54957.5.b.2). Copies of staff reports and written materials may be purchased for $0.10 per page.

TheCity Hall phone number is (310) 456-2489. To contact City Hall using a telecommunication device for the deaf (TDD), please call (800) 735-2929 and a California Relay Service operator will assist you. In compliance with the Americans with Disabilities Act, if you need special assistance to participate in this meeting, please contact Environmental Sustainability Director Yolanda Bundy, (310) 456-2489, ext. 229. Notification 48 hours prior to the meeting will enable the City to make reasonable arrangements to ensure accessibility to this meeting. [28 CFR 35.102-35.104 ADD Title II].

Requests to show an audio or video presentation during a Council meeting should be directed to the Media Team at [email protected]. Material must be submitted by 12:00 p.m. on the meeting day.

I hereby certify under penalty of perjury, under the laws of the State of California that the foregoing agenda was posted in accordance with the applicable legal requirements. Regular and Adjourned Regular meeting agendas may be amended up to 72 hours in advance of the meeting. Dated this Xth day of Month 2023 at 2:00 p.m.

Kelsey Pettijohn, City Clerk
11

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Agenda Item # 6.C.

Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Susan Dueñas, Public Safety Director
Approved by: Steve McClary, City Manager
Date prepared: January 3, 2024 Meeting date: January 22, 2024 Subject: School Safety Assessment
RECOMMENDED ACTION: 1) Receive a report on the School Safety Assessment; and 2) Provide direction to staff as appropriate.

FISCAL IMPACT: There is no fiscal impact associated with the recommended action.

Funding for this project is included in the Adopted Budget for FY 2023-24 in Account No. 100-7003-5100-00 (City Manager - Professional Services).

WORK PLAN: This item is part of the day-to-day operations identified in the Adopted FY 2023-24 Strategic Priority Project List.

DISCUSSION: On October 24, 2022, the City Council authorized the Mayor to execute a Professional Services Agreement with Guidepost Solutions LLC for a Comprehensive School Safety Assessment. The Assessment began in December 2022, and a draft report was provided to the Santa Monica-Malibu Unified School District (SMMUSD) in August 2023 for review.

As directed by the City Council, the assessment is inclusive of all K-12 public schools in the City and extends beyond physical security and safety procedures to include a review and analysis of behavioral health programs, policies, and procedures.

The assessment is based on a broad range of data-gathering activities, including:
• Interviews with Malibu schools stakeholders to obtain information regarding security incidents, concerns, philosophies, opinions on security, data regarding possible security program support processes, threat assessment, and school culture.

City Council Meeting
01-22-24
Item

6.C.
1

Page 2 of 2 ends

Agenda Item # 6.C.
• A crime analysis of the area surrounding the school buildings to analyze the threat environment.
• A survey of the schools’ properties and operations, including academic buildings, libraries, gymnasiums, arts areas, music education spaces, athletic fields and spaces, and recreational areas.
• Daytime and evening tours of the sites to assess activity, lighting, and other securityrelated characteristics. • A review of existing security technology deployments, functions, use, standards adaptation, monitoring, and command and control (as applicable). • A review and evaluation of current staffing and monitoring posts. • An analysis of information obtained through document reviews, surveys, interviews, and research.
• An assessment of the school district’s safety and security policies and procedures, including but not limited to the School Emergency and Crisis Plan, visitor management policy and procedures, access control, intrusion detection, video surveillance, fencing and gates, traffic control and exterior lighting.
• In-person and virtual interviews and online anonymous community surveys to develop an understanding of MPS schools and facilities end-user perspective and opinion on existing safety and security measures.

Based on this extensive research, the assessment includes recommendations for improved physical security through:
• Access Control
• Visitor Management
• Video Surveillance
• Communications
• Door hardware and window treatments
• Signage
• Fencing
• Traffic control
The report also includes 11 recommendations for improved policies and procedures.

In December 2023, staff met with SMMUSD representatives to finalize the report and discuss progress and next steps. Out of the total recommendations, 205 are related to school facilities, and the school district representatives informed staff that they have already created work orders to implement 140 of the recommendations. In addition, school district representatives said they planned to meet with each school community individually to discuss the recommendations and implementation progress specific to each school site.

ATTACHMENTS: School Safety Assessment Executive Summary 2 November 2023
2023 School Safety Assessment
Executive Summary
The City of Malibu, in collaboration with the Santa Monica-Malibu Unified School District (SMMUSD) and the Los Angeles County Sheriff’s Department (LASD), commissioned Guidepost Solutions LLC to conduct a comprehensive evaluation and thorough physical security program review of the four public school campuses in Malibu, which include Malibu Elementary School, Webster Elementary School, Malibu Middle School, and Malibu High School. It should be noted that this report specifically focuses on the Malibu public schools and not the entire Santa Monica-Malibu Unified School District.

The purpose of the assessment was to identify opportunities for Malibu public schools to improve, grow, and strengthen its physical security program to better protect and serve its communities. It provides an expert third-party review of the existing security operations and shared insights on stakeholders' perspectives regarding safety and security.

The completed School Safety Assessment includes evaluations of physical security measures, security electronic systems, security staffing, security policies and procedures, stakeholder interviews, and 209 community surveys completed by staff, faculty, students, parents, guardians, and administrators. In addition, it identifies opportunities for improvement or enhancement and highlights existing strengths.

The following actions were among those suggested to increase public safety within and around Malibu’s public schools:
• Ensure compliance with traffic measures around the school site (i.e., ensuring that parents are dropping off/picking up in the correct areas, vehicles are not blocking exits, etc.) • Consistent location of emergency backpacks and supplies familiar to all staff • Stronger “Security culture” at all school sites (i.e., staff badges, empower staff to question unfamiliar people)
• Additional walkie-talkies and communication strategy coordination • Improved signage around campuses (i.e., restrooms for student use, classroom numbers, main entrance, wayfinding, visitor check-in area, speed limits) • Visitor management (i.e., meeting and escorting, removing paper screening) • Public Address system upgrades and regular tests
• Improved door routines (i.e., educating staff and students when to have doors closed or locked) • Voice over Internet Protocol (VoIP) backup system
• Secure fencing and covers around equipment, electric panels, and other areas of high interest Attachment 1
3 November 2023
The Assessment prioritizes the findings and recommendations, including the recommendations identified above, into an outline that enables the school district to develop a phased approach to implementing improvements based on risk.

SMMUSD has already begun addressing the systemic, operational, and facility recommendations. The more complex recommendations will take time to implement.

To protect students and staff, this report is being kept confidential and will not be made available to the public.
• Update staff emergency operations handbooks
• Lock down button with notice to LASD
• Perimeter upgrades (i.e., 8 feet fences, fence toppers, glass facades) • Continue discussions on having a school resource deputy • Expanded use of keyless technologies (and continued tech integration) • Implementation of Video Assessment and Surveillance System monitoring (i.e. cafeteria, library, front entry, exterior of each restroom)
• Upgrades to intrusion detection measures (i.e., glass break, motion detectors, intrusion alert panels)
• Upgrades to door hardware
• Speed controls, vehicle barriers, and coordinate parking in designated parking areas • Upgrades to exterior lighting
• Card readers, and intercoms at all pedestrian entry points • Automated electronic access gates
• Installation of window treatments to minimize visibility into instructional, office, and staff locations to make it difficult for an intruder to see into the room. 4

Page 1 of 1 ends

Agenda Item # 6.D.

Council Agenda Report
To: Mayor Uhring and Honorable Members of the City Council Prepared by: Richard Mollica, Planning Director
Approved by: Steve McClary, City Manager
Date prepared: January 10, 2024 Meeting date: January 22, 2024 Subject: Wireless Local Coastal Program Amendment Coastal Commission Staff Comments
RECOMMENDED ACTION: 1) Receive and file staff’s report; 2) Review and direct staff to submit a letter of objection regarding the suggested modifications for the California Coastal Commission (CCC) to consider at the February 7-9, 2024 CCC hearing; or 3) Direct staff to withdraw the application for the proposed Local Coastal Program Amendment (LCPA) and initiate a new LCPA to address comments from the CCC and hold public hearings on the new LCPA.

DISCUSSION: The agenda report for this item will be published separately as a supplemental document.

City Council Meeting
01-22-24
Item

6.D.

Page 1 of 2 ends

Agenda Item # 6.D.

Supplemental
Council Agenda Report
To: Mayor Uhring and the Honorable Members of the City Council Prepared by: Richard Mollica, Planning Director
Approved by: Steve McClary, City Manager
Date prepared: January 18, 2024 Meeting date: January 22, 2024 Subject: Wireless Local Coastal Program Amendment Coastal Commission Staff Comments
RECOMMENDED ACTION: 1) Receive and file staff’s report; 2) Review and direct staff to submit a letter of objection regarding the suggested modifications for the California Coastal Commission (CCC) to consider at the February 7-9, 2024 CCC hearing; or 3) Direct staff to withdraw the application for the proposed Local Coastal Program Amendment (LCPA) and initiate a new LCPA to address comments from the CCC and hold public hearings on the new LCPA.

STRATEGIC PRIORITY: This item is part of the day-to-day operations identified in the Adopted FY 2023-24 Strategic Priority Project List.

FISCAL IMPACT: There is no fiscal impact associated with the recommended action.

DISCUSSION: The purpose of this report is to inform the City Council and the public of the CCC’s suggested modifications to the City’s wireless LCPA and to receive Council direction on how to proceed.

Background
On December 18, 2023, CCC staff provided the City with proposed suggested modifications to the City’s wireless LCPA in advance of finalizing their agenda report for the February 7-9 CCC hearing. City staff had previously reached out to CCC staff about the City’s wireless LCPA; however, no information was provided to the City until December 18, 2023. The LCPA must be scheduled for a CCC hearing in February because it marks the end of the one-year extension previously granted by the CCC to itself. The only way City Council Meeting
01-22-24
Item

6.D.

Page 2 of 2 ends

Agenda Item # 6.D.
to postpone the hearing is for the City to withdraw the application and resubmit. A resubmittal would restart the clock for CCC review. Should the City reapply, CCC staff is amenable to scheduling the item for a hearing within the next couple of months. However, the CCC would be able to grant itself an additional one-year extension after the initial 45 days expires. After the CCC renders a decision on the item, the City will have six months to accept the suggested modifications, reject the changes (and the LCP amendment), request an additional six-month extension, or resubmit a new amendment.

On January 3, 2024, after reviewing the suggested modifications, City staff and the City Attorney’s Office met with CCC staff to discuss the proposed suggested modifications.

CCC staff considered City staff’s comments and on January 12, 2024, provided their final version of the suggested modifications, which included many of the City staff’s suggested revisions. The final version of the CCC staff suggested modifications is attached hereto.

CCC staff were not comfortable recommending to the CCC that eligible facilities requests (EFRs) be exempt from a coastal development permit as they believe this would conflict with the Coastal Act. The suggested modifications instead propose that EFRs (that are not exempt from the requirement to obtain a coastal development permit) be subject to a Planning Director approval without a public hearing. This would potentially permit EFRs to be approved in a timely manner, but only if no appeal is filed. Besides the potential conflict with the shot clock mandated by federal law (that will result when any appeal is filed), this process also would require the City to make general CDP findings for EFRs—when federal law does not allow an EFR to be denied when such findings cannot be made. Failing to comply with federal shot clock regulations could result in a “Deemed Granted” remedy, in which the City may lose its ability to exercise design review for compliance with City codes.

Options
Staff is seeking direction from the Council on whether it wants to take action before the CCC issues its decision on the LCPA. Due to time constraints, the City would need to act prior to the February 7-9, 2024 CCC if it wants to issue a formal comment letter or withdraw the request and resubmit a new LCPA after the City and the public take more time to review the proposed suggested modifications. The City is not required to file a comment letter, and can always submit a new LCPA if the proposed modifications required by the CCC (in its formal decision after the hearing) are unacceptable to the City or do not go far enough.

ATTACHMENT: CCC’s Suggested Modifications
California Coastal Commission February 7 -9, 2024 agenda is available online at https://www.coastal.ca.gov/meetings/agenda/#/2024/2.

UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
1 City of Malibu Local Coastal Program Amendment No. LCP-4-MAL-21-0048-1-Part A City Proposed Changes in strikethrough/underline
CCC Draft Suggested Modifications in double-strikethrough and double-underline AMEND LIP SECTION 2.2:

2.2. WIRELESS TELECOMMUNICATIONS DEFINITIONS
ANSI/IEEE STANDARDS - American National Standards Institute. A private organization that develops widely accepted standards for many pieces of modern day equipment.

ANTENNA - A typically metallic device used for radiating or receiving radio waves.

ANTENNA, BUILDING MOUNTED SITES - Antennas which are located and/or mounted on an existing building’s exterior walls.

ANTENNA EQUIPMENT - A cabinet, room, or similar structure which houses the electronic facilities used to operate an antenna.

ANTENNA, GROUND MOUNTED SITES - Antennae which are located and/or mounted on a pole, attached to the ground level and are, otherwise, freestanding. These antennae do not use a building or ancillary structures for mounting purposes.

ANTENNA HEIGHT - The vertical distance from the existing or proposed grade, whichever is lower, to the top of the antenna or its support structure.

ANTENNA, ROOF-MOUNTED - An antenna, and its associated support structure, that is attached to a roof of a building or similar structure.

CO-LOCATION - is (1) mounting or installing an antenna facility on a pre-existing structure; and/or (2) modifying a structure for the purpose of mounting or installing an antenna facility on that structure. However, as used for Eligible Facilities Requests, “collocation” is limited to the mounting or installation of transmission equipment on an eligible support structure for the purpose of transmitting and/or receiving radio frequency signals for communications purposes the location of two or more wireless communication facilities on a single support structure or otherwise sharing a common location. Co-location shall also include the location of wireless communication facilities with other types of facilities including, but not limited to, water tanks, light standards, out-buildings and other utility facilities and structures.

EQUIPMENT CABINET - is a cabinet, structure or building used to support equipment associated with physical container used to house smaller, distinct pieces of equipment or devices that are components of a wireless communication facility.

APPLICATION - A formal request, including all required and requested documentation and information, submitted by an applicant to the City for a wireless permit.

UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
2 APPLICANT - A person filing an application for placement or modification of a wireless communications facility in the City of Malibu.

ELIGIBLE FACILITIES REQUEST or EFR - shall have the meaning as set forth in 47 C.F.R.

Section 1.6100(b)(3), or any successor provision. Any request for modification of an existing tower or base station that does not substantially change the physical dimensions of such tower or base station, as defined by FCC regulations (47 C.F.R. Section 1.6100), involving:
(i) Collocation of new transmission equipment;
(ii) Removal of transmission equipment; or
(iii) Replacement of transmission equipment.

A modification substantially changes the physical dimensions of an eligible support structure if it meets any of the following criteria pursuant to 47 C.F.R. Section 1.6100(b)(7):
(i) For towers other than towers in the public rights-of-way, it increases the height of the tower by more than 10% or by the height of one additional antenna array with separation from the nearest existing antenna not to exceed twenty feet, whichever is greater; for other eligible support structures, it increases the height of the structure by more than 10% or more than ten feet, whichever is greater;
(A) Changes in height should be measured from the original support structure in cases where deployments are or will be separated horizontally, such as on buildings' rooftops; in other circumstances, changes in height should be measured from the dimensions of the tower or base station, inclusive of originally approved appurtenances and any modifications that were approved prior to the passage of the Spectrum Act. (ii) For towers other than towers in the public rights-of-way, it involves adding an appurtenance to the body of the tower that would protrude from the edge of the tower more than twenty feet, or more than the width of the tower structure at the level of the appurtenance, whichever is greater; for other eligible support structures, it involves adding an appurtenance to the body of the structure that would protrude from the edge of the structure by more than six feet; (iii) For any eligible support structure, it involves installation of more than the standard number of new equipment cabinets for the technology involved, but not to exceed four cabinets; or, for towers in the public rights-of-way and base stations, it involves installation of any new equipment cabinets on the ground if there are no pre-existing ground cabinets associated with the structure, or else involves installation of ground cabinets that are more than 10% larger in height or overall volume than any other ground cabinets associated with the structure; (iv) It entails any excavation or deployment outside of the current site, except that, for towers other than towers in the public rights-of-way, it entails any excavation or deployment of transmission equipment outside of the current site by more than 30 feet in any direction. The site boundary from which the 30 feet is measured excludes any access or utility easements currently related to the site;
(v) It would defeat the concealment elements of the eligible support structure; or (vi) It does not comply with conditions associated with the siting approval of the construction or modification of the eligible support structure or base station equipment, provided however that this limitation does not apply to any modification that is non-compliant only in a manner that would not exceed the thresholds identified in (i) through (iv).

UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
3 FCC - is the Federal Communications Commission or its lawful successor.

FEDERAL COMMUNICATION COMMISSION (FCC) - is a United States government agency responsible for the regulation of interstate and international communications by radio, television, wire, satellite and cable.

MUNICIPAL INFRASTRUCTURE - City-owned or controlled property structures, objects, and equipment in the ROW, including, but not limited to, street lights, traffic control structures, banners, street furniture, bus stops, billboards, or other poles, lighting fixtures, or electroliers located within the ROW.

PERMITTEE - Any person or entity granted a wireless ROW permit pursuant to this Chapter.

PERSONAL COMMUNICATION SERVICES (PCS) - Federal Communication Commission (FCC) terminology describing intelligent, digital wireless, personal two-way communication systems. A broad range of telecommunications services that enable people and devices to communicate independent of location. PCS networks and devices operate over a wide range of frequencies assigned and authorized by the FCC.

PERSONAL WIRELESS SERVICES - shall have the same meaning as set forth in 47 U.S.C.

Section 332(c)(7)(C)(i).

PERSONAL WIRELESS SERVICES FACILITY - A wireless communications facility used for the provision of personal wireless services.

PROFESSIONAL ENGINEER or PE - is as defined by Business and Professions Code Section 6701, and shall be interpreted to refer to the specific appropriate engineering branch in issue as defined in Sections 6702 through 6703 and “supervision of the construction of engineering structures” as defined in Section 6703.1.

PUBLIC RIGHT-OF-WAY, OR ROW - Any public street, public way or public place within the City limits, either owned by the City or dedicated to the public for the purpose of travel and which the City has the responsibility to maintain or manage. The term includes all or any part of the entire width of right-of-way, and above and below the same, whether or not such entire area is actually used for travel purposes.

SMALL CELL FACILITY - shall have the same meaning as “small wireless facility” in 47 C.F.R. 1.6002(l), or any successor provision, (which is a personal wireless services facility that meets the following conditions that, solely for convenience, have been set forth below):
(1) The facility—
(i) is mounted on a structure 50 feet or less in height, including antennas, as defined in 47 C.F.R. Section 1.1320(d), or
(ii) is mounted on a structure no more than 10 percent taller than other adjacent structures, or
(iii) does not extend an existing structure on which it is are located to a height of more than 50 feet or by more than 10 percent, whichever is greater; UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
4 (2) Each antenna associated with the deployment, excluding associated antenna equipment (as defined in the definition of antenna in 47 C.F.R. Section 1.1320(d)), is no more than three cubic feet in volume;
(3) All other wireless equipment associated with the structure, including the wireless equipment associated with the antenna and any pre-existing associated equipment on the structure, is no more than 28 cubic feet in volume;
(4) The facility does not require antenna structure registration under 47 C.F.R. Part 17; (5) The facility is not located on Tribal lands, as defined under 36 C.F.R. Section 800.16(x); and
(6) The facility does not result in human exposure to radiofrequency radiation in excess of the applicable safety standards specified in 47 C.F.R. Section 1.1307(b).

SUPPORT STRUCTURE - Any structure capable of supporting a base station and/or antenna.

STEALTH FACILITY - A wireless communications facility designed to look like something other than a wireless tower or base station.

UNDERGROUND AREAS - Those areas where there are no electrical facilities or facilities of a local exchange carrier in the right of way; or where the wires associated with the same are or are required to be located underground; or where the same are scheduled to be converted from overhead to underground. Electrical facilities are distribution facilities owned by an electric utility and do not include transmission facilities used or intended to be used to transmit electricity at nominal voltages in excess of 35,000 volts.

UTILITY POLE - A structure in the ROW designed to support electric, telephone and similar utility lines. For the avoidance of doubt, any structure built for the sole or primary purpose of supporting any FCC-licensed or authorized antennas and their associated facilities is not a utility pole.

WIRELESS ROW PERMIT OR WRP - A permit issued pursuant to this Chapter authorizing the placement or modification of a wireless facility of a design specified in the permit at a particular location within the ROW; and the modification of any existing support structure to which the wireless facility is proposed to be attached.

WIRELESS TELECOMMUNICATIONS FACILITIES - An installation that sends and/or receives radio frequency signals, including, but not limited to, directional, omni-directional and parabolic antennas, structures or towers to support receiving and/or transmitting devices, cabinets, equipment rooms, accessory equipment and other structures, and the land or structure on which they are all situated. The term does not include mobile transmitting devices, such as vehicle or hand held radios/telephones and their associated transmitting antennas.

WIRELESS COMMUNICATIONS FACILITIES - The wiring, cables, electronic equipment, transmitters, antenna structures and other types of installations used for the provision of wireless services at a fixed location, including, without limitation, any associated tower(s), support structure(s), and base station(s).

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5 AMEND LIP SECTION 3.16:

3.16. WIRELESS TELECOMMUNICATIONS ANTENNA AND FACILITIES

3.16.1 Purpose and Objectives
A. Purpose. The purpose and intent of this Section is to provide a uniform and comprehensive set of standards for the development, siting and installation of wireless communication facilities and antennas, other than those exempt under Section 3.16.2(C). The regulations contained herein are designed to protect and promote the public health, safety and community welfare and the aesthetic quality and value of the City as set forth within the goals, objectives and policies of the General Plan and Local Coastal Program general plan, while at the same time providing for managed development of wireless communications infrastructure in accordance with the guidelines and intent of the Telecommunications Act of 1996.

B. Objectives. Recognizing the City’s roles as regulator, service provider, facilitator and user, it is intended that the City shall apply these regulations in furtherance of the following goals and policy objectives, including but not limited to:

1. To retain control of private and public property within the confines of state and federal legislation to regulate wireless telecommunications services.

2. To facilitate the creation of an advanced wireless telecommunications infrastructure for citizens, businesses, industries and schools.

3. To protect the City from potential adverse effects of wireless telecommunications facility development.

4.To Ensureensure that the wireless telecommunications infrastructure is designed to enhance and not interfere with the City’s emergency response network.

3.16.2 Site Plan ReviewWireless Permit Requirements
A site plan review permit, pursuant to Section 13.27 of the LCP, shall be obtained prior to erecting a wire- less telecommunications antenna and/or facility in any non-residential zoning district (except for the public open space and recreational vehicle park zoning districts) or in any public right-of-way regardless of zoning district, if such wireless telecommunications antenna and/or facility complies with the General Requirements set forth in Section 3.16.5 and the Most Restrictive Design Standards set forth in Section 3.16.6. In addition to the site plan review permit, an encroachment permit shall be obtained for all wireless telecommunication antennas and facilities to be located in any public right-of-way.

A. Unless exempted, eEvery person who desires to place a wireless communications facility in the public rights-of-way or modify an existing wireless facility in the public rights-of-way must obtain a Wireless ROW Permit (WRP) Coastal Development Permit, pursuant to Chapter

12.02 of the Malibu Municipal Code authorizing the placement or modification, unless the requirement for a Coastal Development Permit is exempt or waived pursuant to Section 13.4.

Additionally, a Wireless ROW Permit (WRP) is required pursuant to the Malibu Municipal Code where shown in LIP Table B (Permitted Uses). Except for small cell facilities, eligible facilities requests, or any other type of wireless facility expressly allowed in the public right-of-way by state or federal law.

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6 1. Exemptions. Installation of the following antennas and/or appurtenant equipment which comply with all applicable requirements and standards pertaining to radio frequency (RF) emissions are not required to obtain a WRP:
a. The placement or modification of facilities by the City or by any other agency of the state solely for public safety purposes.
b. Installation of a "cell on wheels," “cell on truck” or a similar structure for a temporary period in connection with an emergency or event, but no longer than required for the emergency or event, provided that installation does not involve excavation, movement, or removal of existing functional facilities.

B. Unless exempted, eEvery person who desires to place or modify a wireless communications facility that is not located in the public rights-of-way must obtain a Wireless Permit (WP) Coastal Development Permit, authorizing the placement or modification, unless the requirement for a Coastal Development Permit is exempt or waived pursuant to Section 13.4 and subsection B.3 below. Additionally, a Wireless Permit (WP) is required pursuant to the Malibu Municipal Code where shown in LIP Table B (Permitted Uses). The WP CDP shall be obtained in one of the following ways, based on facility type:

1. Type 1: The installation or modification of a facility that qualifies as a small cell facility, or eligible facilities request, or collocation of a non-small cell facility; or

2. Type 2: (a) the installation or modification of all wireless facilities that do not qualify as Type 1; and (b) any WP application that includes a waiver of development standard request.

3. Exemptions. Installation of the following antennas and/or appurtenant equipment which comply with all applicable requirements and standards pertaining to radio frequency (RF) emissions are not required to obtain a WP Coastal Development Permit:
a. Antennas designed to receive video programming signals from direct broadcast satellite (DBS) services, residential fixed wireless communications, multi-channel multi-point distribution providers (MMD) or television broadcast stations in all zoning districts are exempted, provided that all of the following conditions are met:
i. The antenna will be accessory to an existing use and measures thirty-nine (39) inches (one meter) or less in diameter. ii. The antenna will be installed in a location where it is not readily visible from the public right-of-way.
iii. The antenna will not be located within a required setback area, driveway or parking space.
b. Amateur radio antenna (including ham and short wave) provided the antenna is the minimum height necessary to be effective and does not exceed the maximum base building height for the zoning district in which it is located by more than fifteen (15) feet.
c. Communications facilities exempt from the provisions of this Section by operation of state or federal law.
d. The placement or modification of facilities by the City or by any other agency of the state solely for public safety purposes.
e. Installation of a “cell on wheels,” “cell on truck” or a similar structure for a temporary period in connection with an emergency or event, but no longer than required for the emergency or event, provided that installation UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
7 does not involve excavation, movement, or removal of existing functional facilities.

C. The determination of whether or not a proposed facility meets the requirements of subsection B.3 abovefor an exemption shall be made by the Planning Director.

D. Other applicable requirements. In addition to the WP or WRP CDP required herein, the persons who will own or control the facility(ies) must comply with applicable laws, including, but not limited to, applicable laws governing RF emissions, the Americans with Disabilities Act (ADA) and electrical and fire codes.

E. Public Use. Except as otherwise provided by California law, any use of the public rightof-way authorized pursuant to this chapter will be subordinate to the City’s use and use by the public.

F. Coastal Development Permit for a Wireless Telecommunication Facility Eligible Facilities Requests.

1. Unless exempt from the requirement to obtain a CDP pursuant to LIP Section 13.4 and subsection B.3 above, eligible facilities requests are subject to the granting of a CDP.

An application for an eligible facilities request that complies with the standards of this section 3.16.2 shall be approved by the Planning Director and shall not be subject to a public hearing. If the City receives an application for a CDP for an eligible facilities request and finds that the proposed project does not qualify as an eligible facilities request, the application shall be processed as a regular coastal development permit application.

2. The Planning Director may approve an application for an eligible facilities request if:
(a) the proposed development meets each and every one of the applicable criteria in the definition of eligible facilities request (the Planning Director shall make an express finding for each criterion); and (b) that the proposed facility will comply with all generally applicable laws, including generally applicable building, structural, electrical and safety codes, noise control ordinances, and other laws codifying objective standards reasonably related to health and safety. Public notice of the Planning Director decision shall be provided consistent with the timeframes of LIP Section

13.12. 3.16.3 Conditional Use Permit
A conditional use permit, pursuant to Chapter 17.66 of the Municipal Code, shall be obtained prior to erecting wireless telecommunication antennas and/or facilities within any rural residential, public open space, or recreational vehicle park zoning districts (unless the antenna and/or facility is to be erected in a public right- of-way and it complies with the General Requirements set forth in Section 3.16.5 and the Most Restrictive Design Standards set forth in Section 3.16.6), or within any other non-residential zoning district if the pro- posed wireless telecommunications antenna and/or facility does not comply with the Most Restrictive Design Standards set forth in Section 3.16.6. Any wireless telecommunication antennas and/or facilities conditionally approved pursuant to this Section shall comply with the General Requirements set forth in Section 3.16.5. The conditional use permit shall be reviewed by the City based solely UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
8 upon the location, design and other criteria of this Chapter, as well as for consistency with the General Plan and the health, safety and welfare of the public.

3.16.4 3.16.3 Health and safety & Safety Standards/Radio Frequency Emission Exposure A. No wireless telecommunications facility shall be sited or operated in such a manner that it poses, either by itself or in combination with other such facilities, a potential threat to public health, safety, or welfare. To that end, no facility or combination of facilities shall produce at any time power densities in any inhabited area that exceed the FCC’s Maximum Permissible Exposure (MPE) limits for electric and magnetic field strength and power density for transmitters. All wireless communications facilities shall be designed by qualified, licensed persons to provide the maximum protection that is technically feasible to prevent electrical and fire hazards. All wireless facilities should be proactively monitored and maintained to continue and, if possible, improve the safety design.

B. Failure to remain in continued compliance with the MPE limits shall be grounds for revocation of the discretionary permit. No facility or combination of facilities shall produce at any time power densities or exposure levels in any general population area that exceed the applicable FCC standards for radiofrequency (RF) emissions.

3.16.5 General Requirements
The following general requirements apply at all times to all wireless telecommunications facilities located in all zoning districts:

A. Each facility must comply with any and all applicable provisions of the Malibu LCP and Municipal Code, including but not limited to provisions of the Uniform Building Code, National Electric Code, Uniform Plumbing Code, Uniform Mechanical Code, and Uniform Fire Code, and any conditions of approval imposed as part of the approval process.

B. Each facility must comply with any and all applicable regulations and standards promulgated or im- posed by any state or federal agency, including, but not limited to, the Federal Communications Com- mission and the Federal Aviation Administration.

C. The facility must at all times comply with all applicable health requirements and standards pertaining to Radio Frequency emissions.

D. Interference with City communications systems is prohibited. All proposed facility applications shall include reports, as required by the Los Angeles County Fire Department, to evaluate potential interference. The applicant shall be responsible for any costs incurred by the City, including the costs of retaining consultants, to review and analyze the reports.

E. Freestanding wireless telecommunication facilities, including towers, lattice towers, and monopoles, shall not exceed 28 feet in height and shall not extend higher than the top of the ridgeline nearest the antenna. The height of a freestanding facility shall be measured from the natural undisturbed ground surface below the center of the base of the tower itself to the tip of the highest antenna or piece of equipment attached thereto.

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9 F. Building-mounted wireless telecommunication facilities shall not exceed 28 feet in height.

However, antenna elements, mounted flush on the facade of an existing structure that exceeds 28 feet, may have a height equal to the height of the building. Roof-mounted antennas may extend no more than 3 feet above the roof from which they are attached. Associated roof-mounted equipment cabinets shall not extend more than 5 feet above the roof from which it is attached and shall be setback a minimum of 10 feet from the edge of the roof. All roof-mounted equipment cabinets shall be located behind a mechanical screen wall. In the event that a roof parapet wall screens the equipment cabinets, a mechanical screen wall will not be required.

G. Not more than one (1) ground-mounted antenna site, excluding licensed amateur radio station antennas, shall be permitted on each site.

H. Wireless telecommunication facilities and antennas shall be co-located on existing poles or other facilities when possible. No permittee shall restrict access to an existing antenna location if required to co- locate by the City, and if possible to do so.

I. All electrical support equipment located within cabinets, shelters, or similar structures shall be screened from public view. Roof-mounted electrical support equipment shall be discouraged.

Ground- mounted electrical support equipment shall be encouraged. In addition, under grounding of support equipment is required wherever practicable.

J. When possible, wireless telecommunication facilities will be located on existing utility poles provided the antennas do not exceed the height of the utility poles and provided a less intrusive alternative is not available.

K. All antennas shall meet the minimum siting distances to habitable structures required for compliance with Federal Communications Commission (FCC) regulations and standards governing the environ- mental effects of radio frequency emissions.

L. All antennas shall be located such that any person walking adjacent to the transmitting surface of the antenna will be walking on a grade that is a minimum of eight and one-half feet below the transmitting surface.

M. Lighting of antenna structures and their electrical support equipment is prohibited, except as required by any order or regulation of the Federal Communications Commission (FCC) or the Federal Aviation Administration (FAA) and except for manually operated emergency lights for use when official operating personnel are on site.

N. No wireless telecommunication facility shall be located within five hundred (500) feet of any school ground, playground or park unless a finding is made, based on technical evidence acceptable to the Planning Manager, as appropriate, showing a clear need for the facility and that no technically feasible alternative site exists.

O. Except for facilities co-located on the same pole or tower, wireless telecommunication facilities located within any residential zone district, except for those facilities placed on utility poles located along Pacific Coast Highway, shall not be located within six hundred (600) feet of any other wireless telecommunications facility, unless a finding is made, based on technical evidence acceptable to the Planning Manager, as appropriate, showing a clear need for the UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
10 facility and that no technically feasible alternative site exists. This provision shall not apply to wireless telecommunication facilities located within any commercial zone district.

3.16.4 General Standards for Wireless Communications Facilities A. Generally. Wireless communications facilities, except qualifying eligible facilities requests, shall meet the minimum requirements set forth in this Section and all applicable provisions of the LCP, in addition to the requirements of any other applicable law, unless (1) a waiver is required. Compliance with one or more of the development standards of this Section may be waived on a case-by-case basis pursuant to subsection 3.16.4(C) below. Waivers shall only be granted on a case-by-case basis and shall be narrowly-tailored so that the requirements are waived only to the minimum extent required to address the request.

B. Wireless communications facilities shall be installed and modified in a manner that does not interfere with the use of public or private property or the use of the public right-of-way, in that it minimizes risks to public safety, avoids aboveground facilities in underground areas, avoids installation of new support structures or equipment cabinets in the public rights-of-way, makes facilities stealth by using concealment elements, and otherwise maintains the integrity and character of the neighborhoods in which the facilities are located and does not impede views; ensures that installations are subject to periodic review to minimize the intrusion on public rights-of-way and public and private property; and ensures that the City bears no risk or liability as a result of the installations, and that such use does not inconvenience the public or cause personal or economic harm, interfere with the primary uses of public or private property or the rights-of-way, or hinder the ability of the City or other government agencies to improve, modify, relocate, abandon, or vacate facilities or public property.

CB. Engineering, Design, and Location Standards. All applications shall comply with the following engineering, design and location standards for wireless communications facilities set forth in this Chapter and the Design and Location Standards and Conditions of Approval for Wireless Communications Facilities in the Public Right-of-Way and Engineering, Design and Location Standards, Conditions of Approval and Basic Application Requirements for Wireless Communications Facilities on Land Other than Public Right-of-Way adopted by separate resolutions and as amended.

1. All Wireless Communications Facilities.

A. All wireless facilities shall be engineered and designed to minimize the visual impact by means of placement, screening, camouflaging, painting and texturing and to be compatible with existing architectural elements, building materials and other site characteristics. The applicant shall use the smallest and least visible antenna possible to accomplish the facility’s objectives. All antennas and support structures shall be painted and/or textured to achieve architectural compatibility with the structures for which they are attached and/or located.

The proposed wireless facility and its supporting structure (if needed) shall also be limited to the minimum size necessary to serve the defined service objectives of the wireless service provider or providers that will be using the facility, except where a larger facility has superior concealment elements. Support equipment UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
11 pads, cabinets, shelters and buildings require architectural, landscape, color, fencing, or other camouflage treatment to minimize visual impacts.

B. The materials used shall be non-reflective and non-flammable. Cabinet doors must be designed to stay securely closed, and openings in all facilities shall be shielded or made the smallest size feasible to protect against fire and wind-blown embers.

C. The pole, or other support structure, and all equipment shall be designed to withstand forces from seismic events.

D. All connections between various components of the facility, power lines, and conduit shall be designed in a manner to protect against damage by a natural disaster, a vehicular accident, an act of vandalism or similar external forces.

E. Stealth. Wireless facilities shall be stealth. Stealth elements and techniques should be used to blend the facility with surrounding materials and colors of the support structure and make the facility appear to be something other than a wireless facility. Stealth elements include, but are not limited to, the following:

1. Radio frequency (RF) transparent screening or shrouds;

2. Matching the color of the existing support structure by painting, coating, or otherwise coloring the wireless facility, equipment, mounting brackets, and cabling;

3. Placing cables and wires inside the pole or beneath conduit of the smallest size possible;

4. Minimizing the size of the site;

5. Installing new infrastructure that matches existing infrastructure in the area surrounding the proposed site; and

6. Using paint of durable quality.

F. Co-location. The use of existing infrastructure is preferred. Wireless facilities shall be collocated on existing poles or other facilities when possible. No permittee shall restrict access to an existing antenna location if required to co-locate by the City and if possible to do so.

G. Minimum Height. All antennas shall be located such that: (1) any person walking adjacent to the transmitting surface of the antenna will be walking on a grade that is a minimum of eight and one-half feet below the transmitting surface; and (2) no person at ground level will be exposed to an exposure level that is higher than allowed by the FCC’s general population exposure rules.

H. Fire Safety Standards and Process.

1. All wireless facilities designs shall include:
a. a power shut off, such as by means of rapid entry Knox or similar type systems shall be installed;
b. surge protection devices capable of mitigating a direct or partial direct lightning discharge; and
UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
12 c. surge protection devices capable of mitigating significant electrical disturbances that may enter the facility via conductive cables.

2. After submittal by the applicant, the applicable application materials shall be transmitted to the Fire Department for its review and any recommended conditions.

2. Wireless Communications Facilities within the public right-of-way.

A. Strand-mounted Facilities. Strand-mounted facilities are encouraged. The facilities must be stealth and of the smallest size that is technically feasible to reduce aesthetic impacts.

B. Pole-Mounted Facilities.

1. Facilities on Streetlight Poles
a. Stealth. The facility shall be engineered, designed, painted, coated, and otherwise made to maintain the look of a streetlight pole rather than a wireless facility, tower, or base station.
b. Antennas and RRUs. Antennas shall be top-mounted in a shroud, and RRUs and other equipment shall be placed underground. If RRUs and equipment cannot be underground, then they shall be placed within the shroud with the antenna. RRUs attached to the side of the pole or groundmounted are discouraged, but if they are required due to technical reasons, they should use the smallest RRU volume possible and be stacked vertically and close together with minimal distance from the pole. c. Dimensions. Antennas shall be of the smallest possible size, but in no case more than three cubic feet in volume. Pole-top wireless facilities, including shroud, shall be no more than 60 inches in height and 14.5 inches in diameter.
d. Cables and Wiring. All cables and wiring must be within the pole.

2. Facilities on Wood Utility Poles.
a. Stealth. The facility shall be engineered, designed, painted, coated, and otherwise made to maintain the look of a utility pole rather than a wireless facility, tower, or base station.
b. Antennas. The preferred mounting type for wireless facilities on wood utility poles is side-mounting.
i. Side-mounted Facilities. Antennas and RRUs shall be midpole mounted (i.e., mid-pole mounted) in a shroud. If RRUs are attached to the side of the pole, the facility should use the smallest RRU volume possible, and the RRUs should be stacked vertically and close together with minimal distance from the pole.
(1) Antennas shall be of the smallest possible size, but in no case more than three cubic feet in volume.
(2) Side-mounted wireless facilities shall be of the smallest size technically feasible and shall not project from the pole more than UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
13 30 inches. The diameter of the shroud shall be no greater than the diameter of the pole or 14.5 inches, whichever is less. Sidemounted facilities shall only extend out on one side of the pole. ii. Top-mounted Facilities. Antennas and RRUs shall be top-mounted in a shroud. Antennas shall be of the smallest possible size, but in no case more than three cubic feet in volume. Pole-top wireless facilities, including shroud, shall be no more than 72 inches in height and 14.5 inches in diameter.

3. Cables and Wiring. All cables and wiring must be within the conduit on the exterior of the pole. The conduit must be a color that matches the pole and of the smallest size technically feasible.

C. Replacement Poles. If an applicant proposes or is required to install a replacement pole to accommodate the proposed facility:

1. Placement. A replacement pole must be in the same location as the pole that it is replacing or as close to the original location as possible, taking into account pole owner safety-related requirements and all applicable location and placement standards herein.

2. Design. Replacement poles should match the design (e.g., color, dimensions, height, style, and materials) of the existing pole that is being replaced.

3. Cables and Wiring. All cables and wiring on non-wood poles must be within the structure. All cables and wiring on wood poles must be within conduit on the exterior of the pole. The conduit must be a color that matches the pole and of the smallest size technically feasible.

4. Stealth. The facility should be stealth.

D. New (Non-Replacement) Poles.

1. Waiver of Development Standard Required. New poles are prohibited, unless a waiver of development standard is approved by the City pursuant to Section 3.16.4(C) below to prevent a prohibition of service.

2. Design. New poles (including antenna) shall have a maximum height of 28 feet and a maximum diameter of 14 inches, and any base enclosure shall not exceed 24 inches in width or height. If existing poles are present in the surrounding area, then the new pole shall be designed to resemble the existing poles in appearance, color, materials, and distribution pattern/spacing.

3. New wooden poles are prohibited, unless required to match existing poles in the area surrounding the proposed installation site.

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14 4. Cables and Wiring. All cables and wiring on non-wood poles must be within the pole. All cables and wiring on wood poles must be within the conduit on the exterior of the pole. The conduit must be a color that matches the pole and of the smallest size technically feasible.

5. Antennas and RRUs. Antennas and RRUs shall be contained within the pole and its base or underground.

6. Stealth. The facility must be stealth.

3. Wireless Communications Facilities on land other than the public right-of-way.

A. Facade-Mounted Equipment. Facade-mounted antennas and equipment shall be architecturally integrated into the building, or other support structure, design and otherwise made as unobtrusive as possible so that the facility does not appear to be a wireless facility. Antennas and equipment should be located entirely within an existing or newly created architectural feature so as to be completely screened from view. Facade-mounted facilities shall generally not extend more than eighteen (18) inches out from and may not project above the building face. Facade-mounted wireless telecommunication facilities shall not exceed twenty-eight (28) feet in height above the ground. However, antenna elements, mounted flush on the facade of an existing structure that exceeds twenty-eight (28) feet, may have a height equal to the height of the building.

B. Ground-Mounted Equipment. Outdoor ground-mounted equipment associated with base stations shall be avoided whenever feasible. In locations visible or accessible to the public, applicants shall conceal outdoor ground-mounted equipment, including ancillary power generation equipment, with opaque fences or landscape features that mimic the adjacent structure(s) (including, but not limited to, dumpster corrals and other accessory structures) and by painting, texturing, or otherwise concealing the facility as much as possible. Ground-mounted wireless communications facilities shall be located near existing structures or trees at similar heights for screening purposes where feasible. Not more than one ground-mounted antenna, provided that licensed amateur radio station antennas shall also be permitted on each site.

C. Roof-Mounted Facilities. Roof-mounted antennas and necessary equipment shall be screened from above if visible from higher elevations. Rooftop-mounted wireless telecommunication facilities shall not exceed twenty-eight (28) feet in height or three (3) feet above the roof parapet from which they are attached, whichever is less restrictive. Associated roof-mounted equipment cabinets shall not extend more than three (3) feet above the roof from which it is attached and shall be set back a minimum of ten (10) feet from the edge of the roof. All roof-mounted equipment cabinets shall be located behind a mechanical screen wall. In the event that a roof parapet wall screens the equipment cabinets, a mechanical screen wall will not be required.

D. Freestanding Facilities. Freestanding facilities requiring a new monopole or other new support structure shall be stealth facilities. Further, they shall be located as close UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
15 as possible to existing above-ground utilities, such as electrical towers or utility poles (which are not scheduled for removal or under grounding for at least 18 months after the date of application), light poles, trees of comparable heights, and in areas where they will not detract from the visual appearance of the area.

1. Freestanding wireless telecommunication facilities, including monopoles, shall not exceed twenty-eight (28) feet in height and shall not extend higher than the top of the ridgeline nearest the antenna. The height of a freestanding facility shall be measured from the natural undisturbed ground surface below the center of the base of the tower itself to the tip of the highest antenna or piece of equipment attached thereto.

2. Aside from the antenna itself, no additional equipment may be visible. All cables, including, but not limited to, electrical and utility cables, shall be run within the interior of the freestanding facility and shall be camouflaged or hidden to the fullest extent feasible without jeopardizing the physical integrity of the facility.

3. Monopole installations shall be situated so as to utilize existing natural or manmade features including topography, vegetation, buildings, or other structures to provide the greatest amount of visual screening.

4. All antenna components and accessory wireless equipment shall be treated with exterior coatings of a color and texture to match the predominant visual background or existing architectural elements so as to visually blend in with the surrounding development. Subdued colors and non-reflective materials that blend with surrounding materials and colors shall be used.

5. Monopoles shall be no greater in diameter or other cross-sectional dimensions than is necessary for the proper functioning of the facility.

DC. Waiver of Development Standards. Requests for waivers from any requirement development standard of this Section 13.6.4 or the standards and wireless regulations set forth in the City Council resolution shall be made in writing to the Director as part of the CDP application.

1. A waiver may be requested: (1) (a) to avoid a denial of an application that would, within the meaning of federal law, prohibit or effectively prohibit the provision of personal wireless services, or otherwise violate applicable laws or regulations; or (b) if compliance with a development standard would be technically infeasible; or (c) if the particular engineering, design, or location proposed involves only minor non-compliance with a development standard.; or (2) for the technical or design reasons specified in the Resolution described in Section 17.46.060(C), as amended. A request for waiver may be granted only if it is demonstrated through clear and convincing evidence that the standard for the waiver has been met. Waivers shall comply with requirements for processing of coastal development permits and appeals consistent with the LCP.

2. All waivers approved pursuant to this subsection shall only be granted on a case-by-case basis based on substantial evidence if the decision-maker affirmatively finds (as applicable): (a) for a waiver requested under 1(a), that denial based on strict adherence to the standard would, within the meaning of federal law, prohibit or effectively prohibit the UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
16 provision of personal wireless services, or otherwise violate applicable laws or regulations, and the standard is waived only to the minimum extent required to avoid the prohibition or violation; (b) for a waiver requested under 1(b), that compliance with a standard of this Section 13.6.4 would be technically infeasible and the proposed wireless facility complies with the requirements of this Section to the greatest extent technically feasible; (c) for a waiver requested under 1(c), that such non-compliance is minor but either results in no increase in visual harms to the community or provides other benefits, and failure to adhere to the standard in the specific instance will not increase the visibility of the facility and will not decrease public safety, and will not result in greater impact to coastal resources including sensitive habitat, coastal waters, and public access. (1) granted only on a case-by-case basis, and (2) narrowly-tailored so that the requirements of this Section or the standards in the City Council resolution are waived only to the minimum extent required to address the request.

3.16.6 Most Restrictive Design Criteria
In addition to all other requirements set forth in this Chapter, all wireless telecommunications facilities shall meet the following design requirements:

A. Façade-mounted antennas and equipment shall be architecturally integrated into the building design and otherwise made as unobtrusive as possible. If possible, antennas should be located entirely within an existing or newly created architectural feature so as to be completely screened from view. Façade- mounted facilities shall generally not extend more than 18 inches out from the building face.

B. Ground-mounted wireless telecommunication facilities shall be located near existing structures or trees at similar heights for screening purposes where feasible.

C. All wireless telecommunication facilities shall be designed to minimize the visual impact to the greatest extent feasible by means of placement, screening, camouflaging, painting and texturing and to be compatible with existing architectural elements, building materials and other site characteristics. The applicant shall use the smallest and least visible antennas possible to accomplish the coverage objectives.

D. All antennas and support structures shall be painted and/or textured to achieve architectural compatibility with the structures for which they are attached and/or located. If ground-mounted, the antennas and support structure shall be painted, textured, landscaped or otherwise camouflaged as much as possible to integrate the structure into the environment. Colors and materials for facilities shall be non-reflective and chosen to minimize visibility to the greatest extent feasible.

E. All wireless telecommunication facilities shall be designed to prevent unauthorized climbing.

F. Roof-mounted antennas and necessary equipment shall be screened from above if visible from higher elevations.

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17 G. Satellite dish or parabolic antennas shall be situated as close to the ground as possible to reduce visual impact without compromising their function.

H. Where appropriate, facilities shall be installed so as to maintain and enhance existing landscaping on the site, including trees, foliage and shrubs, whether or not utilized for screening.

I. All monopoles and lattice towers shall be designed to be the minimum functional height and width re- quired to support the proposed antenna installation. Freestanding monopoles in highly visible locations shall incorporate stealth techniques to minimize their prominence.

J. Support equipment pads, cabinets, shelters and buildings require architectural, landscape, color, fencing, or other camouflage treatment to minimize visual impacts to the extent deemed necessary by the Planning Manager. Landscaping screening should also be provided if irrigation water is available.

K. No freestanding facility such as a monopole, lattice tower, or similar structure including ancillary sup- port equipment may be located between the face of a building and a public street, bikeway or park.

L. No wireless telecommunications facility shall emit a noise greater than fifty (50) decibels (dB) as measured from the base of the facility.

3.16.75 Standard Conditions of Approval
Each WRP and WF approved pursuant to this Section shall be subject, respectively, to the conditions of approval in the Design and Location Standards and Conditions of Approval for Wireless Communications Facilities in the Public Right-of-Way and Engineering, Design and Location Standards, Conditions of Approval and Basic Application Requirements for Wireless Communications Facilities on Land Other than Public Right-of-Way adopted by separate resolutions and as amended. If no conditions are imposed in the WRP or WP, or if the application is deemed approved by operation of law, then the standard permit conditions of approval in the respective Resolution shall apply to that permit. Each wireless telecommunications antenna and/or facility which is approved through either the site plan review process or a conditional use permit shall be subject to the following standard conditions of approval, in addition to any other condition deemed appropriate by the reviewing authority:

A. The wireless telecommunications antenna and/or facility shall be erected, operated, and maintained in compliance with the General Requirements of Section 3.16.5 and, if applicable, with the Most Restrictive Design Standards set forth in Section 3.16.6.

B. Within thirty (30) calendar days following the installation of any wireless telecommunications antenna and/or facility, the applicant shall provide FCC documentation to the Planning Manager that the unit has been inspected and tested in compliance with FCC standards. Such documentation shall include the make and model (or other identifying information) of the unit tested, the date and time of the inspection, and a certification that the unit is properly installed and working within applicable FCC standards.

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18 C. The installation of any wireless telecommunications antenna and/or facility shall be in compliance with all applicable state and local building, electrical, and mechanical codes.

D. Any substantial change in the type of antenna and/or facility installed in a particular location shall require the prior approval of the Planning Manager.

E. The applicant shall pay to the City a Permit Compliance Fee in an amount to be established by resolution of the City Council.

F. Co-location of wireless telecommunications antennas and facilities pursuant to Section

3.16.8 shall be required whenever it is feasible to do so.

3.16.8 Locating Antennas at Existing Sites
An effort should be made to locate new wireless telecommunications antennas and facilities on existing grandfathered or conforming facilities when feasible.

3.16.9 Minimum Application Requirements

3.16.6 Minimum application requirements
In addition to meeting standard application submittal requirements for discretionary permits, detailed in other sections in this Chapter, all wireless telecommunication A. Applicants shall submit applications on the forms and in the manner approved by the Planning Director. In addition to providing all required fees, all wireless communications facility carriers or providers shall provide the information listed below. As used herein, “Wireless telecommunication facility,” “wireless facility,” “telecommunication facility,” or simply “facility,” means an installation that sends and/or receives radio frequency signals, including but not limited to directional, omni-directional and parabolic antennas, structures or towers to support receiving and/or transmitting devices, cabinets, equipment rooms, accessory equipment and other structures, and the land or structure on which they are all situated. The term does not include mobile transmitting devices, such as vehicle or hand held radios/telephones and their associated transmitting antennas. The Planning Manager required by a separate application form published, and updated from time to time, by the City. If no such form is available, then the applicant must submit all documents, information, and any other materials necessary to allow the City to make required findings and ensure that the proposed facility will comply with applicable laws and not endanger the public health, safety, or welfare. The Director may waive certain submittal requirements if prohibited by applicable law or require additional information based on the characteristics of specific projects project factors.

B. Public Notice. In addition to any other noticing requirements:

1. Within seven (7) calendar days after an application is submitted to the City, the applicant shall: (1) post notice at the proposed project site in a location near to and visible to the public and (2) provide the City with evidence that such notice has been posted. The applicant shall maintain and replace the posted notice as necessary during the entire application review process until the Director or Planning Commission, as applicable, acts on the application and all appeals have been exhausted. The posted notice shall be composed from durable quality and weather-resistant materials that will not deteriorate under normal circumstances for at least 180 UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
19 calendar days. The posted notice shall be at minimum 17 inches wide by 11 inches tall. The posted notice shall not be placed in any location where it would obstruct travel or visibility for vehicles, bicycles, or pedestrians. The City encourages applicants to consult with the Planning Department on placement locations to avoid any potential hazards.

2. Within five (5) business days from the date on which an application is determined to be complete, the Director shall notify in writing of the filing of the application property owners and residents of all property within a one thousand (1,000) foot radius of the proposed project, but in no event fewer than the owners and occupants of ten (10) developed properties.

The purpose of the notice is to inform the surrounding property owners and residents of the filing of the application and provide an opportunity for comment on the application prior to the approving authority’s decision. The notice shall describe the request, provide a map showing the specific location of the proposed project, describe the review process and timeframes, indicate how to contact the applicant and case planner assigned to the application, and the City-assigned application identifier.

C. Fire Department Review. After submittal by the applicant, the applicable application materials shall be transmitted to the Fire Department for its review and any recommended conditions.

A. Visual impact demonstration. A visual impact analysis shall be provided showing the maximum silhouette and proposed or required screening. The visual impact analysis shall include photo simulations and any required photo overlays, scaled models or architectural renderings necessary to determine visual impact. A map depicting where the photos were taken shall be included.

B. Narrative. The applicant shall submit a narrative that addresses each of the following paragraphs and subparagraphs. The narrative shall be organized according to subject headings that match those in the paragraphs and subparagraphs listed below.

1. Antennas/Equipment. List the number of proposed antennas and base transceiver stations and/or equipment cabinets and any existing facilities on the site. As used herein, “Antenna” means a device used to transmit and/or receive radio or electromagnetic waves between terrestrial and/or orbital based systems.

2. Location. Describe the location and type of antenna installations (stand-alone rooftop, rooftop attached to a mechanical penthouse, building facade, or existing utility towers and poles) and location of the base transceiver station(s), equipment cabinets and/or buildings.

3. Height. List the height of the antenna installation. Carriers must provide documentation that establishes that the proposed facilities have been designed to the minimum height required from a technological standpoint for the proposed site.

4. Radio frequency. List the radio frequency range in megahertz and list the wattage output of the equipment.

5. Radio frequency emissions. Provide a report listing the effective radiated power generated by the proposed facility. The report shall identify exposure levels for both controlled and uncontrolled areas where the levels are projected to be highest.

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20 6. FCC compliance. Provide documentation certifying all applicable licenses or other approvals required by the Federal Communications Commission to provide the services proposed have been obtained.

7. Maintenance. Describe the anticipated maintenance and monitoring program for the facility.

8. Noise/acoustical information. Provide noise and acoustical information for equipment such as air conditioning units and back-up generators.

9. Site selection process. Provide a map and narrative description explaining the site selection process including information about other sites considered and reason for their rejection. This information is necessary to determine whether there will be a significant gap in coverage if the project is not approved or whether alternatives exist for providing coverage.

10. Geographic service area. Identify the geographic service area for the subject installation, including a map showing the site and the associated “next” cell sites within the network.

Describe the distance between cell sites. Describe how this service area fits into and is necessary for the company’s service network. Illustrate the geographic area in which the facility could be located showing all other sites that could be used for antenna location. This information is necessary to determine whether there will be a significant gap in coverage if the project is not approved or whether alternatives exist for providing coverage.

11. Preferred location sites. Each application shall identify the location preference, listed in Section 3.16.10 that the proposed facility is meeting. If the proposed location is not a preferred location, the applicant shall provide a list (by address and Assessor’s Parcel Number) and a map at 1:200 scale of all preferred location sites within the service area; what good faith efforts and measures were taken to secure each other of these preferred location sites; describe why each such site was not technologically, legally or economically feasible and why such efforts were unsuccessful; how and why the proposed site is essential to meet service demands for the geographic service area and the Citywide network. This information is necessary to determine whether there will be a significant gap in coverage if the project is not approved or whether alternatives exist for providing coverage.

12. Preferred mounting technique. Each applicant shall identify the antenna mounting preference, listed in Section 3.16.10 the proposed facility is meeting. If the proposed mounting technique is not a preferred technique, the applicant shall provide a list (by address and Assessor’s Parcel Number) and a map at 1:200 scale of all such buildings/sites within the service area; what good faith efforts and measures were taken to secure each of these preferred mounting location/sites; describe why each such site was not technologically or legally feasible and why such efforts were unsuccessful; and how and why the proposed site is essential to meet service demands for the geographic service area and the Citywide network.

13. Cumulative effects. Identify the location of all the applicant’s antennas and backup facilities and location of other wireless telecommunications facilities on and near the property; include the following:

UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
21 a. Height. The height of all existing and proposed wireless telecommunications facilities on the property, shown in relation to the height limit for the zoning district; b. Antennas. The dimension of each existing and proposed antenna, base transceiver station, equipment cabinet and associated building and backup equipment on the property; c. Power rating. The power rating for all existing and proposed backup equipment; d. Total watts. The total number of watts per installation and the total number of watts for all installations on the building (roof or side);
e. Facilities within five hundred (500) feet. The number and types of wireless telecommunication facilities within five hundred (500) feet of the proposed site and provide estimates of the cumulative electromagnetic radiation emissions at the proposed site.

C. Co-Location Agreement. All wireless telecommunications carriers shall provide a letter stating their willingness to allow other carriers to co-locate on their facilities wherever technically feasible. When determined to be technically feasible and appropriate, the Planning Manager may require unutilized space to be made available for co-location of other wireless telecommunications facilities, including space for entities providing similar, competing services.

Co-location is not required in cases where the addition of the new service or facilities would cause quality of service impairment to the existing facility or if it becomes necessary for the host to go off-line for a significant period of time. As used herein, “Co-location” means an arrangement whereby multiple wireless communication devices share the same structure or site.

D. Planned Facilities. The applicant shall provide a list of planned or anticipated facilities within the City, and their anticipated construction schedules. The Planning Manager may require concurrent processing of planned facilities.

E. Independent Consultant. At the discretion of the Planning Manager and as reasonably required, the applicant may be required to provide an authorization waiver to a permit the City to hire an independent, qualified consultant to evaluate any technical aspect of the proposed telecommunications facility, including, but not limited to, compliance with applicable federal emission standards, potential for interference with existing or planned public safety emergency response telecommunications facilities, or analysis of feasibility of alternate sites, screening methods or devices. Any authorization for this purpose shall include an agreement by the applicant to reimburse the City for all reasonable costs associated with the consultation. Any proprietary information disclosed to the City or the consultant is hereby deemed not be a public record, shall remain confidential, and not be disclosed to any third party without the express consent of the applicant.

F. Other information. Any other relevant information as required by the Planning Manager.

3.16.10 Preferred Antenna Siting and Mounting Techniques The following antenna and equipment siting and mounting techniques are preferred:

A. Facade-mounted antennas that meet the visual requirements specified in this Chapter.

B. Roof-mounted antennas that are not visible to the public.

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22 C. Existing monopoles or freestanding towers, utilizing stealthing techniques.

D. Existing utility poles located within the public right-of-way.

E. Monopoles or freestanding towers that utilize stealthing techniques.

3.16.11 Location
Location preference for wireless communications facilities should be given to:

A. Co-Location Sites. Co-located and multiple-user wireless telecommunications facilities will be required when, in the determination of the Planning Manager, it is technically feasible and appropriate and will minimize overall visual impact to the community.

B. Property designated non-residential (except for public open space and recreational vehicle park zoning districts), unless otherwise prohibited pursuant to this Chapter.

C. Facilities Attached or Sited Adjacent to Existing Structures. Whenever possible, facilities shall be located on and/or inside existing structures. Appropriate types of existing structures may include, but are not limited to: buildings, water tanks, telephone poles and utility towers and poles, sign standards, traffic signals, light standards and roadway overpasses.

D. Sites that are not highly visible from adjacent roadways.

E. Sites With Minimum Separation. When co-location is determined to be infeasible by the Planning Manager, sites that are more than five hundred (500) feet from school grounds, playgrounds or parks and which are more than four hundred fifty (450) feet from any other existing wireless facility within any residential zone district, except for those facilities placed on utility poles located along Pacific Coast Highway.

F. Unless otherwise indicated in this Chapter, no telecommunication facility shall be installed on an exposed ridgeline unless the facility blends with the surrounding existing natural and man-made environment and a finding is made that no other location is technically feasible.

3.16.12 Indemnity and Liability for Damages
A. The wireless telecommunications facility provider shall defend, indemnify, and hold harmless the City or any of its boards, commissions, agents, officers, and employees from any claim, action or proceeding against the City, its boards, commission, agents, officers, or employees to attack, set aside, void, or annul, the approval of the project when such claim or action is brought within the time period provided for in applicable state and/or local statutes. The City shall promptly notify the provider(s) of any such claim, action or proceeding if the City bears its own attorney’s fees and costs, and the City defends the action in good faith.

B. Wireless telecommunications facility operators shall be strictly liable for interference caused by their facilities with City communications systems. The operator shall be responsible for costs for determining the source of the interference, all costs associated with eliminating the interference (including but not limited to filtering, installing cavities, installing directional antennas, powering down systems, and engineering analysis), and all costs arising from third party claims against the City attributable to the interference.

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23 3.16.13 Cessation of Use or Abandonment
All improvements, including foundations and appurtenant ground wires, shall be removed from the property and the site restored to its original pre-installation condition within ninety (90) days of cessation of operation or abandonment of the facility.

3.16.147 Permit, Review, Renewal and Revocation Procedure A. The City finds that the technology associated with telecommunications communications equipment is subject to rapid changes and upgrades as a result of industry competition and customer demands, and anticipateanticipates that telecommunications communications antennas and related equipment with reduced visual impacts will be available from time to time with comparable or improved coverage and capacity capabilities. There may also be advancements and enhancements with regard to design, practice, operations and structural safety. The Citycity further finds that it is in the interest of the public health, safety, and welfare that telecommunicationscommunications providers be required to replace older facilities with newer equipment of equal or greater capabilities and, reduced visual impacts safety enhancements as technological improvements become available. Therefore, any modifications, other than eligible facilities requests, requested to an existing facility for which a permitthat has been issued pursuant to this Chapter authorizing establishment of a wireless telecommunications facilitya WRP or WP permit shall permit the Planning ManagerDirector to review the carrier’s existing facility to determine whether requiring newer equipment or applying newupdates to concealment elements and screening techniques that reduce visual impacts is appropriate if technically feasible, and the Planning Director may require such updates as a condition of approval of such modification.

B. At any time, the Planning Manager may initiate proceedings to revoke a permit issued pursuant to this Chapter. Grounds for revocation shall be limited to a finding that the owner or operator has abandoned the facility, the facility is no longer in compliance with either the general requirements or design standards of this Chapter, the conditions of approval and the owner or operator has failed to bring the facility into compliance within ninety (90) days after a notice has been sent by the Planning Manager requiring the facility to be brought into compliance, the facility is no longer in compliance with applicable FCC or FAA regulations, the facility has not been upgraded to reduce or minimize its impact to the extent reasonably permitted by the technology available at the time of any requested modifications, or if the Planning Manager determines that revocation would be in the best interest of the public health, safety, or welfare.

3.16.8 Findings
A. A Wireless ROW Permit, other than eligible facilities requests, shall be approved on the basis of the application and other materials or evidence presented, provided the approving authority makes the following findings:

1. The facility is not detrimental to the public health, safety, and welfare;

2. The facility complies with Malibu Municipal Code Chapter 12.02 and all applicable design and development standards; and
UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
24 3. The facility meets applicable requirements and standards of state and federal law.

B. A Wireless Permits, other than eligible facility requests, shall be approved on the basis of the application and other materials or evidence provided in review thereof provided the approving authority makes the following findings:

1. The facility is not detrimental to the public health, safety, and welfare and will not pose an undue fire risk;

2. The facility complies with Chapter 17.46 of the Malibu Municipal Code and all applicable design and development standards; and

3. The facility complies with state and federal law.

For all Type 2 applications pursuant to Section 3.16.2(B)(2), other than eligible facilities requests, that are proposed to be located in residential, planned development or mobilehome zoning district, the approving authority shall also make the following finding:

4. The facility could not feasibly be located within any other zoning district in the City.

C. All Wireless ROW Permits and Wireless Permits that qualify as eligible facilities requests shall be approved on the basis of the application and other materials or evidence provided in review thereof provided the approving authority makes the following findings:

1. The proposed colocation or modification meets each and every one of the applicable criteria for an eligible facilities request stated in 47 C.F.R.

1.6100(b)(3)-(9), after application of the definitions in 47 C.F.R. 1.6100(b). The approving authority shall make an express finding for each criterion;

2. The proposed facility complies with conditions associated with the siting approval of the construction or modification of the eligible support structure or base station equipment, provided this limitation only applies to any modification that would not exceed the thresholds identified in 47 C.F.R. 1.6100(b)(7)(i) through (iv), or any successor provisions; and

3. That the proposed facility will comply with all generally applicable laws, including generally applicable building, structural, electrical and safety codes, noise control ordinances, and other laws codifying objective standards reasonably related to health and safety.

3.16.15 Exempt Telecommunications Facilities
UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
25 A. Installation of the following antennas and/or appurtenant equipment which complies with all applicable health requirements and standards pertaining to RF emissions is exempt from the provisions of this Chapter subject to any conditions included below:

1. Antennas designed to receive video programming signals from direct broadcast satellite (DBS) services, residential fixed wireless communications, multi-channel multipoint distribution providers (MMD) or television broadcast stations in all zoning districts are exempted, provided that all of the following conditions are met:
a. The antenna is accessory to an existing use and measures 39 inches (one meter) or less in diameter.
b. The antenna is installed in a location where it is not readily visible from the public right-of- way.
c. The antenna shall not be located within a required setback area, driveway or parking space.

2. Amateur radio antenna (including ham and short wave) provided the antenna does not exceed the maximum building height for the zoning district in which it is located by more than 15 feet.

3. Telecommunications facilities exempt from the provisions of this Chapter by operation of state or federal law.

B. The determination of whether or not a proposed facility meets the requirements for an exemption is at the discretion of the Planning Manager. The Planning Manager may require that the application be processed as a Site Development Permit or Conditional Use Permit if the requirements of this section cannot be met.

UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
26 AMEND LIP SECTION 13.4:

Replace LIP Section 13.4.11 to read as follows:

13.4.11Wireless Communications Facilities and Utility Pole Exemptions:

1. Pursuant to Section 6409 of the federal Spectrum Act (47 U.S.C Section 1455) and its implementing regulations (47 C.F.R. Section 1.6100), as amended, any eligible facilities request for a modification of an existing wireless tower or base station that does not substantially change the physical dimensions of such tower or base station shall be allowed. The terms used in this subsection shall have the meaning ascribed to them in 47 C.F.R. Section 1.6100(b) or any successor provisions.

2. The replacement, minor relocation and modifications (including minor increase in height) of existing utility poles to comply with California Public Utility Code requirements. The exemption does not apply when the project has a risk of substantial adverse impact on public access, environmentally sensitive habitat area, wetlands or public views to the ocean. This exemption does not apply when the height of a replacement utility pole would allow a new facility to be added to the pole, such as the installation of a new wireless communications facility.

Add section 13.4.12 to read as follows (moving the content previously in Section 13.4.11 to this new section, with the addition of the underlined text below):

13.4.112 General Requirements for De Minimis Waiver
A. General Requirements for De Minimis Waiver.

The requirement for a coastal development permit may be waived through a De Minimis Coastal Development Permit Waiver issued by the planning director for the items listed below where the improvements are not otherwise exempt pursuant to Section 13.4, provided all the requirements of subsections B and C are met. The planning director’s decision on whether to issue a de minimis waiver is not locally appealable.

1. Improvements to an onsite wastewater treatment system (OWTS) serving a structure that was damaged or destroyed as a result of a natural disaster, where the improvements involve installing a new system or upgrading an existing system to an advanced system on the same lot.

2. Minor improvements to existing driveways or access roads that are required by the fire department after a natural disaster, such as minor changes to the width or grade of driveways or access roads. Access improvements that do not meet the findings for a waiver may be processed as an administrative coastal development permit (ACDP) under Section 13.13.1(A) or as a regular coastal development permit.

3. New wireless communications facilities that qualify as small cell facilities that comply with the design standards set forth in the Design and Location Standards for Wireless Communications Facilities in the Public Right-of-Way and Engineering, Design UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
27 and Location Standards, Conditions of Approval and Basic Application Requirements for Wireless Communications Facilities on Land Other than Public Right-of-Way adopted by separate resolutions and as amended.

4. The replacement, minor relocation and modifications (including minor increase in height) of existing utility poles to comply with California Public Utility Code requirements when the height of a replacement utility pole would not allow a new facility to be added to the pole, such as the installation of a new wireless communications facility.

5. Temporary wireless communications facilities on wheels to temporarily replace a wireless communications facility that was damaged or destroyed as a result of a natural disaster provided the antennas and poles do not exceed the height of the approved facility and is removed immediately after the damaged or destroyed facility is constructed or in no case more than six months.

B. Findings for and Reporting of De Minimis Waivers.

All decisions on de minimis waivers shall be accompanied by written findings:

1. That the OWTS or driveway/road improvements have development has no potential for adverse effects, either individually or cumulatively, on coastal resources.

2. That the OWTS or driveway/road improvements are development is consistent with the certified Malibu Local Coastal Program, including the resource protection policies, as applicable.

3. If an OWTS is to be relocated on the lot, that the director, in consultation with the environmental health administrator, has determined the relocation is necessary to better protect coastal resources.

4. If driveway/road improvements are proposed, that: (a) they are in the same general alignment as the existing road; (b) they are not located in environmentally sensitive habitat area (ESHA); (c) they do not remove or encroach within the protected zone of native trees; and (d) they do not adversely impact visual resources.

5. That the development is not in a location where an action on the development would be appealable to the coastal commission (See Chapter 2 – Definitions).

C. Reporting De Minimis Waiver.

1. At the time the application is submitted for filing, the applicant must post, at a conspicuous place as close to the site as possible that is easily accessible by the public and approved by the city, notice, on a form approved by the city, that an application for a de minimis waiver has been submitted to the city. Such notice shall contain a general description of the nature of the proposed development.

UPDATED DRAFT CCC SUGGESTED MODIFICATIONS 1/12/24
28 2. The planning director shall issue a notice of determination on the application which shall be reported to the planning commission. The notice of determination shall be provided to all known interested parties, including the executive director of the coastal commission, at least ten (10) days prior to the waiver determination being reported to the planning commission.

3. If, after consideration of the waiver and any public objections to it, the planning commission requests that the waiver not be effective, then the applicant shall be advised that a coastal development permit is required for the OWTS or road improvementsdevelopment. Otherwise, the waiver is effective immediately after the planning commission meeting where the matter is heard.

D. Waiver Expiration.

A de minimis waiver shall expire and be of no further force and effect if the authorized OWTS or driveway or access road improvements development has are not commenced pursuant to a valid grading and/or building permit, as applicable, within five years of the effective date of the waiver. If expired, a coastal development permit or another waiver shall be required.

Amend LIP Section 13.13.1(A) to add a new subsection (7) as follows:

7. Wireless communication facilities other than eligible facility requests or small cell facilities that do not meet the criteria for an exemption or a de minimis waiver.

Amend LIP Section 13.4.9 to read and to add a new subsection (F) as follows:

13.4.9 Exemption for Temporary Event and Structure
F. Temporary wireless communications facilities on wheels to temporary replace a wireless communications facility that may have been damaged or destroyed as a result of a natural disaster provided the antennas and poles do not exceed the height of the approved facility and is removed immediately after the damaged or destroyed facility is constructed or in no case more than six months.

AMEND APPENDIX 1 TABLE B PERMITTED USES:

Replace all references to “WTF” with “WP” and “Wireless Telecommunication Facility” with “Wireless Permit”.

Page 1 of 6 ends

Malibu City CouncilJanuary 22, 2024

Malibu City Council
January 22, 2024