Cities Index.
Agenda packet

Murrieta City Council
August 15, 2023

Document
Agenda packet
Meeting
August 15, 2023
Body
Murrieta City Council
Pages
70
Original file
133.4 MB
Text extracted from the city's file for reading and search. Open the original on murrieta.legistar.com. That file is the official record.

The City of Murrieta intends to comply with the Americans with Disabilities Act (ADA). Persons with special needs should call the City Clerk Department at (951) 461-6031 or email at [email protected] at least 72 hours in advance. Any writings or documents provided to a majority of the City Council regarding any item on this agenda will be made available for public inspection at the public counter at City Hall located at 1 Town Square, Murrieta, CA during normal business hours.

Any presentation requiring the use of the City of Murrieta’s equipment must be submitted to the City Clerk ’s department 24 hours prior to the scheduled City Council meeting at City Hall located at 1 Town Square, Murrieta, CA; via email at [email protected] or call (951) 461-6031. Any writings or documents provided to a majority of the City Council regarding any item on this agenda will be made available for public inspection at the public counter at City Hall located at 1 Town Square, Murrieta, CA during normal business hours.

Lori Stone
Mayor
Cindy Warren Lisa DeForest Mayor Pro Tem Council Member Jon Levell Ron Holliday Council Member Council Member Kim Summers, City Manager
Tiffany Israel, City Attorney
Cristal McDonald, City Clerk

MURRIETA CITY COUNCIL (CC)

MURRIETA COMMUNITY SERVICES DISTRICT (CSD)

MURRIETA FIRE DISTRICT (FD)

MURRIETA LIBRARY BOARD (LB)

MURRIETA REDEVELOPMENT SUCCESSOR AGENCY (RSA)

MURRIETA HOUSING AUTHORITY (HA)

MURRIETA FINANCING AUTHORITY (FA)
*** The City is utilizing a new agenda management system. If you have any questions, please reach out to the City Clerk Department at (951) 461-6030 or via email at [email protected].

CITY OF MURRIETA
1 TOWN SQUARE

MURRIETA, CA
Tuesday, August 15, 2023
4:45 PM CLOSED SESSION
6:00 PM REGULAR MEETING
1 City Council Meeting Agenda August 15, 2023
4:30 PM CLOSED SESSION
CALL TO ORDER 4:31 p.m.

ROLL CALL
PUBLIC COMMENTS - CLOSED SESSION ITEMS ONLY None.

ANNOUNCEMENT OF CLOSED SESSION ITEMS

CLOSED SESSION
CS1. Conference with Real Property Negotiator
Recommended Action:

The City Council will conduct a closed session, pursuant to Government Code section 54956.8, to enable the City Council to consider negotiations and to give direction to its negotiators regarding that certain real property, Town Square Park Amphitheater - 11 Town Square Park, Murrieta. The City ’s real property negotiators, the City Manager, Assistant City Manager, Director of Economic Development, and City Attorney, will seek direction from the City Council regarding the price and terms for this property.

RECESS TO CLOSED SESSION 4:32 p.m.
5:00 PM WORKSHOP
CALL TO ORDER 5:11 p.m.

ROLL CALL
WS1. Hillside Updates Workshop (DCA-2021-2396) - Ordinance Overview Recommended Action:

Receive the presentation by staff and discuss and provide direction of policy options under a proposed ordinance framework; and
Receive public comments.
6:00 PM REGULAR MEETING
CALL TO ORDER 6:16 p.m.

ANNOUNCEMENT OF CLOSED SESSION ACTION
City Attorney Tiffany Israel: No reportable action on Closed Session Item No. CS1.

ROLL CALL

Page 1 of 7 ends

2 City Council Meeting Agenda August 15, 2023
PLEDGE OF ALLEGIANCE Pastor West Brown, Gateway Church of Nazarene INVOCATION Pastor West Brown, Gateway Church of Nazarene

PRESENTATIONS
Presentation - Trauma Intervention Programs Riverside County Received After Agenda Printed Trauma Intervention Presentation Certificates of Recognition - Hernandez Kickboxing Fitness

APPROVAL OF AGENDA

CITY MANAGER - ADMINISTRATIVE UPDATE

GOVERNING BODY COMMISSION/COMMITTEE/BOARD (CCB) REPORTS Governing Body CCB Reports is the opportunity for the City Council to provide a brief report on conferences, seminars, and Commission, Committees, and /or Boards meeting attendance.

Reports shall not exceed three minutes. The City Clerk will use the computerized timer.

Received After Agenda Printed - Governing Body Reports

PUBLIC COMMENTS
At this time any person may address the governing bodies on any subject pertaining to City business, which does not relate to any item listed on the printed agenda. Normally no action may be considered or taken by the governing bodies on any matter not listed on the agenda .

Each speaker will be limited to three minutes.

CONSENT CALENDAR - APPROVAL OF ITEMS 1 – 15
All matters listed on the Consent Calendar are to be considered routine by the governing bodies, and will be enacted by one motion in the form listed. There will be no discussion of these items unless, before the governing body votes on the motion to adopt, specific items are removed from the Consent Calendar for separate motions.

1. Waive Reading of All Ordinance Adoptions on the Agenda and Read by Title Only Recommended Action:

Waive reading, by title only, of all Ordinances and Resolutions. Said Ordinances and Resolutions which appear on the public agenda shall be determined to have been read by title and further reading waived.

2. Monthly Investment Transaction Report for May 2023
Recommended Action:

Receive and file the Monthly Investment Transaction Report for May 2023.

Page 2 of 7 ends

3 City Council Meeting Agenda August 15, 2023

3. Monthly Investment Transaction Report for June 2023
Recommended Action:

Receive and file the Monthly Investment Transaction Report for June 2023.

4. Ultimate Kronos Group Telestaff Renewal for Police & Fire Recommended Action:

Approve a three-year Agreement with Ultimate Kronos Group for Police and Fire Telestaff, with a contract amount not-to-exceed $11,904.30 for Fiscal Year 2023/24; Authorize exemption from the City's bidding requirements; and Authorize the City Manager to execute the agreement with UKG and all other future documents and amendments related to this agreement, not to exceed the City Manager's signing authority.

5. Agreement with Care Solace to Coordinate Access to Mental Health Services Recommended Action:

Approve an Agreement with Care Solace to coordinate access to mental health services for residents of the City of Murrieta;
Authorize the City Manager to execute the agreement; and Authorize a budget appropriation of $166,500 in the Fiscal Year 2023/24 Operating Budget using Opioid Settlement funds.

6. Acceptance of Multiple Donations to the Community Services Department Recommended Action:

Accept donations from various entities totaling $5,150 for Concerts and Movies in the Park.

7. Murrieta Library Roof Replacement Construction Contract Recommended Action:

Award a construction contract for the Murrieta Library Roof Replacement Project, CIP 21023, to Best Contracting Services, Inc., in the amount of $348,421 with a 15% contingency; Authorize the Mayor to execute the agreement; and
Approve an additional budget appropriation for CIP 21023.

Page 3 of 7 ends

4 City Council Meeting Agenda August 15, 2023

8. Funding Agreement with the Riverside County Flood Control and Water Conservation District and Awarding of Encampment Clean-up Agreements Recommended Action:

Approve a funding agreement between the City of Murrieta and Riverside County Flood Control and Water Conservation District for cleanup of trash, debris, and other items on District-owned property and authorize the City Manager to execute all applicable documents; Approve an Agreement for On-Call Homeless Encampment Clean-Up Services between the City of Murrieta and HCI;
Approve an Agreement for On-Call Homeless Encampment Clean-Up Services between the City of Murrieta and Clean Harbors; and
Authorize a budget appropriation of $75,000 under account 1105100 -60480 and an offsetting revenue budget in account 1105100 -42223 associated with the funding agreement with Riverside County Flood Control and Water Conservation District in Fiscal Years 2023/24 and 2024/25.

9. Parks and Recreation and Trails Master Plans Contract Award Recommended Action:

Award the contract to RJM Design Group, Inc. in the amount not to exceed $478,965 for updates to the existing Parks and Recreation Master Plan and drafting of Trails Master Plan; Authorize the City Manager to execute the agreement; and Amend the Parks and Recreation Master Plan CIP No. 22028 to appropriate an additional $9,570 from Measure T Unassigned Fund Balance.

10. Agreement between the City of Murrieta on behalf of Murrieta Fire & Rescue and Murrieta Valley Unified School District for the Use of Facilities During Emergencies Recommended Action:

Approve an agreement between the City of Murrieta on behalf of Murrieta Fire & Rescue and Murrieta Valley Unified School District for use of facilities during emergencies; and Authorize the City Manager or her designee to execute the agreement.

11. Agreement with Flock Group, Inc. - Automated License Plate Reader Cameras Recommended Action:

Authorize the City Manager to enter into a five-year agreement with Flock Group, Inc. to continue using the original twenty automated license plate reader cameras installed in 2022 and purchase and install an additional twenty cameras to increase the police department’s effectiveness and investigative ability; and
Approve an additional appropriation of $5,500 in the operating budget for Fiscal Year 2023/24.

Page 4 of 7 ends

5 City Council Meeting Agenda August 15, 2023

12. Award Contract to Glass Fabrication Inc. for Window Replacement Services at the Police Department and Amend the Fiscal Year 2023/24 Operating Budget Recommended Action:

Approve the agreement with Glass Fabrication Inc., in the amount not to exceed $61,098.03; Authorize the City Manager or her designee to execute the agreement and all applicable documents; and
Amend the Fiscal Year 2023/24 Operating Budget Police Department account 4020030-62000 in the amount of $61,098.03 for window replacement services.

13. Keller Road at I-215 Interchange Consultant Services Agreement Recommended Action:

Approve the agreement for Consultant Project Management Services for the Keller Road at I-215 Interchange, CIP 8449, with Southstar Engineering & Consulting, Inc, in the amount not to exceed $468,582.40; and
Authorize the Mayor to execute the agreement.

14. Speed Zone Ordinance Update
Recommended Action:

Conduct the second reading and Ordinance No. 593 -23 entitled: An Ordinance of the City Council of the City of Murrieta, California, Amending Chapter 10.16 of Title 10 of the Murrieta Municipal Code Regarding Changes to Speed Limits on Certain Streets in the City of Murrieta, Pursuant to State Law.

15. Summary Vacation of a Slope and Drainage Easement on a Portion of Lot 2 of Parcel Map 12211
Recommended Action:

Adopt Resolution No. 23-4698 entitled: A Resolution of the City Council of the City of Murrieta, California, Approving the Summary Vacation of A Slope and Drainage Easement Being A Portion of Lot 2 of Parcel Map 12211.

PULLED CONSENT CALENDAR ITEMS

PUBLIC HEARINGS

16. Murrieta Hills Specific Plan - City Council Voting District Recommended Action:

Hold a public hearing to receive input and testimony; and Introduce and conduct the first reading of Ordinance No. 594-23 entitled: An Ordinance of the City Council of the City of Murrieta, California, Amending Section 1.21.030 of the Murrieta Municipal Code and Adopting Revised District Voting Boundaries, into District 1.

Page 5 of 7 ends

6 City Council Meeting Agenda August 15, 2023

17. Kensington Affordable Apartments Development Impact Fee Deferral Loan Agreement between the City of Murrieta and Pacific West Communities Recommended Action:

Adopt Resolution No. 23-4700 entitled: A Resolution of the City Council of the City of Murrieta to Prepare A Development Impact Fee (DIF) Deferral Loan Agreement in Support of Pacific West Communities Project to Develop A 126 Unit Multi-Family Affordable Apartments at Washington Avenue (APN 906-780-004; and
Find that the approval of a DIF Deferral Loan Agreement is consistent with the Categorical Exemption approved for this project on December 30, 2022, which contemplated the construction of 126 units.

18. Consideration of the Fiscal Year 2023/24 Capital Improvement Plan budget and approving the Capital Improvement Plan for Fiscal Years 2023/24 to 2027/28 Recommended Action:

Conduct a public hearing; and
Adopt Joint Resolution No. 23-4699 et al. entitled: A Joint Resolution of the City Council of the City of Murrieta and the Boards of Directors of the Murrieta Library District, Murrieta Community Services District, Murrieta Fire District, and the Successor Agency for the Murrieta Redevelopment Agency, Approving the Capital Improvement Plan Budget for Fiscal Year 2023/24; Approving the Fiscal Years 2023/24 to 2027/28 Capital Improvement Plan; Authorizing the Operating Transfers for Various Funds; and Authorizing the Use of Unassigned Fund Balances, Committed Fund Balances and the Use of Various Operating and Sustainability Reserves.

DISCUSSION

19. Amend the City Council Legislative Workgroup Subcommittee Membership Recommended Action:

Consider amending the non-Mayor membership of the City Council Legislative Workgroup from a quarterly rotating member to a standing member; and If approved, nominate, and appoint the standing member with the term ending December 31, 2023.

20. Discussion of Increasing Support for City Signature Event Tour de Murrieta Recommended Action:

Provide direction to staff on whether to increase in -kind support to the Signature Event, the Tour de Murrieta.

NOTIFICATIONS

GOVERNING BODY ANNOUNCEMENTS
Governing Body Announcements is the opportunity for the City Council to provide miscellaneous reports and announcements. Announcements shall not exceed two minutes .

The City Clerk will use the computerized timer.

Page 6 of 7 ends

7 City Council Meeting Agenda August 15, 2023
Received After Agenda Printed - Governing Body Announcements

COUNCIL MEMBER REQUESTS TO ADD ITEMS TO FUTURE AGENDAS
This is the opportunity for Council Members to request items and receive consensus for items to be added to a future agenda. There will be no discussion or debate on the requests; a brief explanation of the request may be given.

ADJOURNMENT
Received After Agenda Printed - Cal Fire Fallen Heroes Slide

Page 7 of 7 ends

8 CITY OF MURRIETA
City Council Meeting Agenda
Report
8/15/2023
Agenda Item No. CS1.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
SUBJECT: Conference with Real Property Negotiator

RECOMMENDATION
The City Council will conduct a closed session, pursuant to Government Code section 54956.8, to enable the City Council to consider negotiations and to give direction to its negotiators regarding that certain real property, Town Square Park Amphitheater - 11 Town Square Park, Murrieta. The City’s real property negotiators, the City Manager, Assistant City Manager, Director of Economic Development, and City Attorney, will seek direction from the City Council regarding the price and terms for this property.

CITY OF MURRIETA Printed on 1/22/2024Page 1 of 1
powered by Legistar™
9 CITY OF MURRIETA
City Council Meeting Agenda
Report
8/15/2023
Agenda Item No. WS1.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: David Chantarangsu, AICP Development Services Director PREPARED BY: Chris Tracy, AICP Senior Planner, Advanced Planning SUBJECT: Hillside Updates Workshop (DCA-2021-2396) - Ordinance Overview

RECOMMENDATION
Receive the presentation by staff and discuss and provide direction of policy options under a proposed ordinance framework; and
Receive public comments.

PRIOR ACTION/VOTE
On March 29, 2022, the City Council directed staff to review the hillside development standards (Non-Action Item).

On June 28, 2023, the Planning Commission recommended the introduction and first reading of an Ordinance providing Hillside Updates amending Murrieta Municipal Code Chapters 8.20, 15.52, and updating portions of Title 16 (Vote 4-0-1).

CITY COUNCIL GOAL
Maintain a high performing organization that values fiscal sustainability, transparency, accountability and organizational efficiency.

BACKGROUND
The City of Murrieta (City) adopted a General Plan in 1994 following incorporation in 1991. At that time, it was determined that all development decisions were to continue to use Riverside County’sOrdinance No. 348 (Zoning) until such time that the City adopted its own zoning code, provided that Ordinance No. 348 was not in conflict with the City’sGeneral Plan. For context, Title 16 of the Murrieta Development Code (Development Code) within the Murrieta Municipal Code (MMC) is the primary instrument for implementing the City’sGeneral Plan. It provides the City’sregulations for the development and use of property within the City limits and provides standards for development, subdivisions, and other related land use activities.

In August 1996, the City Council retained a design consultant to assist with the development of a new zoning code. In September 1997, the City began the adoption process for the Development Code after holding several joint Planning Commission and City Council public workshops to receive public input and to identify CITY OF MURRIETA Printed on 1/10/2024Page 1 of 9
powered by Legistar™
10 8/15/2023
Agenda Item No. WS1.
several joint Planning Commission and City Council public workshops to receive public input and to identify development standards. In early 1998, the City implemented new zoning and development standards replacing County Ordinance No. 348. The new standards included hillside development. Other than minor updates in 2003, the City’s hillside development standards have remained relatively unchanged since adoption.

When the standards were initially adopted, they were applied on a citywide basis and not specifically to designated hillside areas within the City. Further, the City did not have the ability to identify hillside areas on its own. At some point in time, a map of the City’shillside features was created which was not codified within the MMC. The information has been utilized in the past with respect to project review, but uncertainty remained regarding its accuracy. With changes in technology, the ability now exists to identify hillside areas on a citywide basis with certainty using geographic information software, commonly referred to as GIS.

Over time, staff also discovered inconsistent standards between existing MMC sections that conflict with interpretations of the current standards. For example, staff has received feedback from applicants that the City’shillside standards and general height standards are overly complicated and have not been consistently applied.

The overall goal of these updates is to re-draft the development standards into language that is more concise and accurate for applicants and staff. With these proposed modifications, staff anticipates that they would improve readability, resolve code inconsistencies, incorporate best practices, and simplify standards to make them more user-friendly to staff and applicants.

City Council directed staff at its annual priority goals workshop on March 29, 2022, to review the hillside development standards as there were concerns about how it was being interpreted. For reference, the City’s existing hillside development standards are contained in MMC Chapter 16.24 “Hillside Development”. Lastly, a webpage was created for the proposed modifications to inform the public about the proposed changes at the following link on the City’s website:<https://www.murrietaca.gov/1314/Hillside-Ordinance-Updates>.

As with prior workshops, a courtesy notice was distributed to interested parties through email, social media channels, the Press-Enterprise, and posted to the City’s website.

Development Advisory Group
On August 25, 2022, staff presented an overview of proposed changes to the Development Advisory Group (DAG) to receive feedback on proposed standards. The consensus from the group was that the proposed standards will be beneficial in clarifying the applicability of hillside standards.

Planning Commission - Workshop 1
On December 14, 2022, this item was continued. No report or presentation was provided.

Planning Commission - Workshop 2
On January 25, 2023, staff presented proposed changes to the Planning Commission in a workshop format to review the current and proposed standards ahead of a future public hearing. The purpose of this effort was to receive feedback on the more substantial issues with current code provisions and potential standards.

Below is an overview of the discussion items:

1. Code conflicts for measuring building height and staff’s recommendation to use a specific grade reference point that accounts for topography;

2. Hillside mapping using GIS software;

3. Removal of the Average Slope Calculation from the Development Code and replacement of the formula CITY OF MURRIETA Printed on 1/10/2024Page 2 of 9
powered by Legistar™
11 8/15/2023
Agenda Item No. WS1.

3. Removal of the Average Slope Calculation from the Development Code and replacement of the formula by relying on GIS data using 2-foot contour intervals;

4. Ridgeline mapping using GIS software for identification of these locations and application of techniques for development screening at ridgeline locations; and

5. Updated standards for retaining walls, both inside and outside hillside areas.

The other items presented by staff were potential techniques to improve the readability of the existing requirements, examples of graphics that could be incorporated, highlights of areas to resolve code inconsistencies, ways to incorporate best practices, and suggestions from staff on how to simplify standards to make them more user-friendly to both staff and applicants.

Community Outreach Workshop
On April 11, 2023, at the Alderwood Park Clubhouse, staff hosted a presentation on the existing and proposed hillside standards. Staff held the workshop to obtain additional feedback from the community on the proposed hillside development standards. This additional outreach was conducted per direction from the prior Planning Commission Workshop for further community input and transparency. Areas that were covered were inclusive of existing and proposed Hillside Overlay applicability, height allowances for structures, height measurement criteria, hillside slope applicability, average slope calculation, prominent ridgelines, and retaining wall criteria.

Lastly, staff provided the opportunity for questions/answers at the end of the presentation for feedback.

Planning Commission - Ordinance Introduction
On June 28, 2023, the Planning Commission considered the Development Code updates. Staff provided a presentation covering the same main discussion items as described above from the Planning Commission Workshop 2 held on January 25, 2023. Prior to opening the public hearing, a letter from an affected resident was also read into the record by staff and discussed. There were two speakers in attendance that addressed the Commission, and both were generally supportive of the overall updates. One of the speakers expressed concerns that the proposed implementation of a Prominent Ridgeline Overlay Map may affect their future plans with respect to expansion at their property.

The Commission recommended approval of the Ordinance introduction with additional direction that “...nothing herein in the Ordinance is intended to hinder development or otherwise be inconsistent with current aesthetics and the architectural treatment for structures located at identified ridgelines or on the ridgelines map.”Lastly, the Commission did not have any comments or any additional questions on the informational amendments of the MMC items as provided under MMC Sections 8.20 and 15.52. Written comments/correspondence received at the Planning Commission’s hearing and shortly after, are included in Attachment 5.

Greer Ranch and Copper Canyon Specific Plans
For reference, it should be noted that portions of the proposed Hillside Area Overlay were previously mapped in covering both the Greer Ranch and Copper Canyon Specific Plans areas. These areas have since been removed to avoid confusion on applicability.

For context, a Specific Plan is a planning document that implements the goals and policies of the Murrieta General Plan. Specific Plans serve as standalone planning documents with their own unique development standards within a defined area. This would include their own development standards for hillside areas.

CITY OF MURRIETA Printed on 1/10/2024Page 3 of 9
powered by Legistar™
12 8/15/2023
Agenda Item No. WS1.

Greer Ranch
Development of the Greer Ranch Specific Plan was primarily restricted to areas of less than 25 percent slope (Greer Ranch Specific Plan, Page 1). Given this approach, areas over 25 percent slope within Greer Ranch that would otherwise be considered a “Hillside Area” under the City’s hillside development standards are avoided and consistent with proposed standards even though the specific plan regulations apply.

When reviewing projects within the Greer Ranch Specific Plan on the steeper hillside areas of the plan area, there are provisions for limited pad grading and landform grading techniques. This mirrors the same approaches provided in the Development Code. The Specific Plan states “...TheEstate Residential use areas (Planning Areas 6 and 7) are characterized by more steeply sloped, visible hillsides, particularly in the northwest portions of the Site. Limited pad grading and other minimal grading techniques, in addition to landform grading, will be stressed in the design of development within these areas (see Exhibit 12). A key factor affecting the grading here is access, which is provided with a modified "Mountain Local" road designed to minimize grading and reduce landform impacts (Greer Ranch Specific Plan, Page 34).” Copper Canyon
As described within the Specific Plan, “...the prominent ridgelines and hillsides onsite are preserved in open space. Adherence to special hillside grading design criteria and development standards is required in the adjacent development areas to minimize and soften transitional grading impacts. (Copper Canyon Specific Plan, Page 290).”
Furthermore, “...Aslope analysis of the site was prepared early in the planning process to determine the site development opportunities and constraints. The analysis evaluated slopes of 0-15%, 16-20%, 25%, and 50% with an emphasis on slopes of less than 25% as a benchmark for determining developable areas and preservation requirements. Areas of 25% slope or greater are largely avoided which is also consistent with the proposed hillside standards.

The preservation of visually prominent ridgelines and steep hillside areas is a major design feature of the Specific Plan, supported by a comprehensive set of hillside grading, infrastructure, land use, and landscaping design standards and guidelines (Copper Canyon Specific Plan, Page 292).”Similar to Greer Ranch, Copper Canyon also avoided areas considered a “Hillside Area” under the citywide development standards.

Analysis
Staff is bringing forward these updates in a workshop format to the City Council to review the proposed standards ahead of a future public hearing to walk through the more complex updates and for feedback. The purpose of this current effort to update the City’s hillside standards is to improve readability and graphic exhibits, resolve code inconsistencies, incorporate best practices, and simplify the standards to make them more user-friendly to staff and applicants. Staff notes it was directed by the City Council at its annual priority goals workshop on March 29, 2022, to review the hillside development standards. The City’sexisting hillside development standards are contained in Section 16.24 (Hillside Development) of the Development Code.

For the discussion below, references to the Murrieta Municipal Code are noted as “MMC”.Additionally, the following image, Attachment 3, Hillside Overlay Area Map contains the mapped “HillsideOverlay”areas within the City for the following discussion points.

CITY OF MURRIETA Printed on 1/10/2024Page 4 of 9
powered by Legistar™
13 8/15/2023
Agenda Item No. WS1.

Summary of Proposed Code Modifications - Chapters 8.20 and 15.52:
· Updates to MMC Section §8.20.030 “Declaration of Nuisance” o Code Enforcement Division’s request to address revegetation of sloped areas after a catastrophic event.
· Updates to MMC Section §15.52.020 “Definitions” for Consistency” o Clarification of a definition for “Hillside Area” and “Hillside Site” for consistency with the proposed updates under Chapter 16.

Summary of Proposed Code Modifications (Substantive Items) - MMC Title 16:

Below is a summary of the more substantive modifications as proposed under MMC Title 16. Related to this, for easy cross-referencing with respect to the overall proposed updates, staff has included an “Overview of Proposed Modifications” as provided in Attachment 1. Lastly, as provided in Attachment 2, a “Strikeout- Underline” version of the proposed amendments is included for further detail. · Updates to MMC Section §16.18.080 “Height Measurement and Height Limit Exceptions” o Fixes an existing inconsistent interpretation of how an applicant would measure a slope with the implementation of a new method for measuring on a slope and a pad.

CITY OF MURRIETA Printed on 1/10/2024Page 5 of 9
powered by Legistar™
14 8/15/2023
Agenda Item No. WS1.
· Updates MMC Section §16.18.140.D.4.b “Setback Regulations and Exceptions” o Updates to general retaining wall standards with other components that are needed to address line-of-sight and visibility triangles, required offset for step-back, general design criteria, and a cross-reference to retaining wall criteria in Hillside Areas. · New Section MMC §16.22.070.F “Retaining Walls
o There is currently a lack of specifics for retaining walls. Proposed updates address this through design choices/techniques.
· Updates to MMC Section §16.24.020 “Applicability”
o Updates address the current issue with the applicability of Hillside Areas on a citywide basis versus having it mapped to a defined area which was the original intention. · Updates to MMC Section §16.24.030 “Definitions”
o Removal of Average Slope Calculation and utilization of the City’s Geographic Information Systems (GIS) to ensure consistent review of slopes within a Hillside Area. o Defines where Prominent Ridgelines are located with the implementation of a codified Map (Attachment 4) and use of the available City’s GIS to ensure a consistent review. · Updates to MMC Section §16.24.060 “Hillside Development Standards” o Retaining Wall Updates for Hillside Areas, similar to updates described above. o Prominent Ridgelines Updates with the incorporation of landscaping techniques.

Other Updates from the Proposed Ordinance:

Please see Attachment 2 for the other proposed amendments (non-substantive) in detail. In summary, these are:
o Table Footnote Updates and Hillside Areas;
o Retaining Wall Cross-Referencing;
o Table renumbering of Table 3-3 to Table 16-22-1;
o Clean-up of criteria and errors in the MMC with respect to wall criteria between Business Park (BP), General Industrial (GI), or General Industrial-A (GIA) Zones; o Incorporation of Innovation (INN) Zone fencing criteria; o Updates to Definitions under MMC 16.24;
o Minor cleanup of Project Review Procedures under MMC 16.24; o Roadway placement consistent with CA Fire Code and graphical updates for building envelopes;
o Hillside Landscaping updates under MMC 16.24 and use of drought tolerant and fire resistive materials;
o Minor updates to grading techniques - Minimal, Contour, and Landform; and o Exceptions from grading permit under MMC 16.24 - Exploratory Excavations, Installation of Underground Utilities, Clearing and Brushing, and minor site work CITY OF MURRIETA Printed on 1/10/2024Page 6 of 9
powered by Legistar™
15 8/15/2023
Agenda Item No. WS1.

Conclusion
The changes proposed in this update are intended to reconcile the various code sections and achieve consistency throughout the Development Code, and MMC Sections 8.20 and 15.52 for hillside and related standards. With the implementation of these updates, clarity will be added for residents and project applicants regarding applicable standards. Lastly, with the application of the proposed modifications covered in this ordinance amendment, the City will continue to require development to consider the visual and aesthetic quality of hillsides and ridgelines as viewed from the surrounding community and avoid and minimize site disturbance at these locations to the extent feasible as described in the City’s adopted General Plan.

General Plan Consistency
· The proposed updates are consistent with the General Plan Land Use Element in that: “A key component of the Land Use Element is the Land Use Policy Map, which depicts the location of the permitted type and density/intensity of all land uses within the City. Other components include a summary of existing land uses in the City, quantification of 2035 buildout, and the fundamental goals and policies that provide the framework for land use planning and decision making in the City.” o The following community priorities relate most directly to implementation of this element:
“...Protect the natural beauty of the mountains, hills, and waterways.” · It will also be consistent with the Conservation Element in that updates will complement the following statement: “...Murrieta’shills and ridges offer scenic and biological values and are considered to be a community treasure. The City has regulations that protect hillside topography and scenic characteristics and prevent slope erosion and seeks to preserve habitat areas such as the foothills of the Santa Ana Mountains under the MSHCP.”
· Furthermore, the updates will be harmonious with Conservation Element - GOAL CSV-4 in that the design parameters for drainage areas in hillsides will consider: “Restorationof the natural function and aesthetic value of creeks, while providing flood control measures and opportunities for recreation”,and related implementing Policy CSV-4.2.
o Policy CSV-4.2 “Consideralternatives to hard-lined bottoms and side slopes within flood control facilities, where technically feasible”in that projects in Hillside Areas will be designed in a manner to work with natural watercourses and natural side slopes. · The updates are relatable to Goal CSV-5 by maintaining that: “Hillsand ridges are protected for their environmental and aesthetic values”, and related implementing Policy CSV-5.1. To substantiate this determination, this ordinance update will remain consistent with Policy CSV-5.1 and the following discussion.
o Policy CSV-5.1 “Promote compliance with hillside development standards and guidelines to maintain the natural character and the environmental and aesthetic values of sloped areas.” Compliance with the above-described goals and policies will be achieved in that future projects atCITY OF MURRIETA Printed on 1/10/2024Page 7 of 9 powered by Legistar™
16 8/15/2023
Agenda Item No. WS1.

Compliance with the above-described goals and policies will be achieved in that future projects at hillside locations will be required to utilize landform, contour, and similar grading techniques which will be designed to blend with the natural existing site contours. This will be required to be demonstrated in future grading plans. Furthermore, proposed building pads and buildings with stem wall configurations will be sited in a manner to necessitate only minimal grading and to preserve open areas of the hillside areas as much as possible. Finally, naturally occurring vegetation (trees/shrubs) will be utilized at these locations, and confirmation will be verified on landscaping plans. This will help reinforce the natural aesthetic values of a given location.
· It should be noted that the updates will also be relatable with the following goal and implementing policies for the Los Alamos Hills community: Land Use Goal LU-22 with “Naturaland visual resources are valued resources to maintain the rural character of the Los Alamos Hills”and implemented with all of the following policies:
o LU-22.1 “Encourage the preservation of natural and visual resources within Los Alamos Hills, such as rock outcroppings and scenic views of the local hills and valleys, to the greatest degree practicable.”
o LU-22.2 “Encouragenew construction and landscape design that utilizes grading techniques to mimic the natural terrain”; and,
o LU-22.3 “Encourage development that minimizes impacts to existing water courses, mature trees, and natural features as much as possible. In those cases that these areas/features are impacted, the final design should provide adequate mitigation on-site and/or in nearby areas.” Projects in Los Alamos Hills will also be required to utilize landform, contour, and similar grading techniques which will be designed and implemented in a manner to blend with the natural existing site contours which will be consistent with the description of LU-22.2. Lastly, projects in Los Alamos Hills will be placed in a manner that minimizes impacts to natural features, and mitigation for impacts will be assessed on a project-level basis through CEQA review which is consistent with LU-22.1 and LU-22.3.

The modifications for the utilization of naturalized landscaping for aesthetic purposes at hillside areas will be achieved with the following goal and policy: Goal CSV-9 “Acommunity that promotes the growth of an urban forest and water-efficient landscaping, recognizing that plants provide natural services such as habitat, stormwater management, soil retention, air filtration, and cooling, and also have aesthetic and economic value” and implementing Policy CSV-9-6.
o Policy CSV-9.6 “Maintain a guide to preferred trees, shrubs, and ground cover plants of noninvasive species, or refer private parties to an existing guide that meets City needs to assist private landscaping efforts.”
Implementation of the above policy is supported through the City’sspecifications for fire-resistive standards for vegetation planting, maintenance, and for public safety for hillside development proposals as reviewed by Murrieta Fire & Rescue.

CITY OF MURRIETA Printed on 1/10/2024Page 8 of 9
powered by Legistar™
17 8/15/2023
Agenda Item No. WS1.

FISCAL IMPACT
None.

ATTACHMENTS
1) Overview of Proposed Modifications
2) Draft Ordinance - Title 16 - Strikeout-Underline
3) Hillside Overlay Map Exhibit
4) Prominent Ridgelines Map Exhibit
5) Correspondence
CITY OF MURRIETA Printed on 1/10/2024Page 9 of 9
powered by Legistar™
18 ATTACHMENT 1

Overview of Proposed Code Modifications
Item/Issue Solution
Height Measurement  Easier way to measure height with
new images and tools.
 New method for measuring height
on a slope is proposed to be taken
five feet off of a building edge with
a ten-foot allowance to
accommodate varying topography.

Retaining Walls  New step-back requirements to
accommodate landscaping.
 Centralized design information to
make standards easier to identify.

Hillside Locations  Adoption of an official map
identifying hillside locations.
 Integration of current technology
(GIS) into the City’s review
process.

Average Slope Calculation  Removal of existing formula and incorporation of GIS.

Prominent Ridgelines  Adoption of an official map to
reflect prominent ridgeline
locations described by the General
Plan.
 Use of the City’s Online GIS Map.
 Removal of the current 150-foot
development restriction at ridgeline
locations and implementation of
landscaping requirements to
screen new structures.

Definitions  Cleanup of existing definitions for
consistency.

Grading Techniques  Use of new graphics to convey
development standards.

19 Project Review  Fixing typographical errors,
definitions, and subjective criteria
to improve clarity.

20

Page 1 of 70 ends

ATTACHMENT 2

STRIKEOUT/UNDERLINE VERSION

Section 16.08.020 (Residential Districts General Development Standards), Table 16.08-03 (Residential (Single-Family) Zones General Development Standards) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:
“
TABLE 16.08-3

RESIDENTIAL (SINGLE-FAMILY) ZONES

GENERAL DEVELOPMENT STANDARDS
Development
Feature
RR ER-1 ER-2 ER-3 SF-1 SF-2(3)
Minimum
Parcel Size

2.5 acres(2)

1.0 acres

0.5 acres(1)
10,000
sq. ft.
7,200 sq.
ft.
4,350 sq. ft.

Density Range 0.1 - 0.4
dus/acre

0.4 - 1.0
dus/acre

1.0 - 2.0
dus/acre

2.0 - 3.0
dus/acre

2.1 - 5.0
dus/acre

5.1 - 10.0
dus/acre
Minimum
Parcel Width
100 feet 100 feet 100 feet 70 feet 70 feet 55 feet, 45 feet for parcels less than
5,000 square feet.

This parcel width
shall be increased
to a 50 foot width
for every fifth lot
on a non-cul-d e-
sac parcel street
frontage.

Minimum
Livable Area
1,000
sq. ft.
1,000
sq. ft.
1,000
sq. ft.
1,000
sq. ft.
1,000 sq.
ft.
1,000 sq. ft.

Setbacks
Front 20 feet 20 feet 20 feet 20 feet 20 feet 20 feet
Interior 20 feet 20 feet 20 feet 10 feet 10 feet 7.5 feet per side.

For parcels less
than 5,000 sq. ft. =
A minimum of an
average of 12 feet
overall for the
combination on of
both interior sides
with no side
setback of less
than 5 feet.

Street Side 20 feet 20 feet 20 feet 20 feet 20 feet 10 feet Rear 20 feet 20 feet 20 feet 20 feet 20 feet 20 feet
Accessory
Structures
Consistent with Section 16.44.150
21

Page 2 of 70 ends

Maximum
Parcel
Coverage
25% 25% 35% 35% 35% for
two-
story;
45% for
single
story
50%
Maximum
Building
Height(4)
40 feet(4) 40 feet(4) 40 feet(4) 35 feet(4) 35 feet(4) 35 feet(4) Minimum On-
site
Landscaping
25% of front yard area
Small Attached
Unit
Configuration
Refer to Section 16.16.020 “Planned Residential Development General Standards” for development standards and project review and 16.16.030 “Planned Residential Development Design Standards and Parameters.” Notes:
(1) A forty (40) foot wide buffer shall be provided along Washington Avenue (from Guava to Elm Street) in the public right-of-way. Landscaping to include six-foot high block wall, pedestrian trails and/or sidewalk, and landscaping berms to act as natural buffers. New residential projects will be allowed to access from Washington Avenue with residential lots abutting Washington Avenue are prohibited from taking direct access from Washington Avenue.
(2) The minimum parcel area for properties zoned RR can include adjacent area to the centerline of the public street right-of-way.
(3) For projects proposing a clustering configuration with detached single-family homes or within small attached unit configurations, please see 16.16.020 “Planned Residential Development General Standards” and 16.16.030 “Planned Residential Development Design Standards and Parameters” for requirements.
(4) For structures located within a Hillside Area, see maximum height criteria as provided within Section 16.24 (Hillside Development) and applicability. “

22

Page 3 of 70 ends

Section 16.08.020 (Residential Districts General Development Standards), Table 16.08-04 (Residential (Multi-Family) Zones General Development Standards) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:
“
TABLE 16.08-4

RESIDENTIAL (MULTI-FAMILY) ZONES

GENERAL DEVELOPMENT STANDARDS
Development Feature MF-1(5) MF-2 MF-3 MF-4
Minimum Parcel Size 5 acres 5 acres 5 acres 5 acres Minimum Parcel Width 100 feet 100 feet 100 feet 100 feet Density Range 10.1 - 15
du/acre

15.1 - 18.0
du/acre

18.1-29.0 du-
acre
Min. 30
du/acre
Minimum Livable Area 500 sq. ft. 500 sq. ft. 500 sq. ft. 500 sq. ft.

Setbacks
Street 10 feet 10 feet 10 feet 10 feet
Interior 10 feet 10 feet 10 feet 10 feet
Maximum Parcel Coverage 35% 35% 50% None
Maximum Height Limit 50 feet 50 feet 60 feet 100 feet Open Space (per dwelling unit)
Private Open Space 60 sq.
ft./upper floor
100 sq.
ft./ground
floor
60 sq.
ft./upper floor
100 sq.
ft./ground
floor
All units 50
sq. ft.(2)
All units 50
sq. ft.(2)
Common Open Space 200 sq. ft. 200 sq. ft. 150 sq. ft.(3) 150 sq. ft.(3) Recreational Amenities For projects
containing 25
or more
dwelling units,
provide one
recreational
amenity for
each 30
dwelling units
or fraction
thereof(4)
For projects
containing 25
or more
dwelling units,
provide one
recreational
amenity for
each 30
dwelling units
or fraction
thereof(4)
Minimum On-site
Landscaping 10% of the site area
Notes:

(1) When adjacent to existing single-family residential use or zone, the building setback from the nearest property line shall be 10 feet for the first 25 feet in height, above 25 feet in height the setback shall be 20 feet, and above 50 feet, the setback shall be 30 feet. (2) For stand-alone multi-family residential projects or as part of a mixed-use development, each residential unit shall be provided with at least one area of private open space accessible directly from the living area of the unit, in the form of fenced yard or patio, a deck or balcony at 23

Page 4 of 70 ends

a minimum area of 50 square feet. The minimum dimension, width or depth of a balcony shall be 5 feet.
(3) All common open space shall be conveniently located and accessible to all dwelling units on the site. Common open space may include landscaping, pedestrian paths and recreational amenities. In projects containing fewer than 10 units, the common open space shall have a minimum width and depth of 10 feet. In projects containing 10 or more or units, the minimum width and depth shall be 20 feet.
(4) One common recreational amenity shall be provided for each 30 units or fraction thereof.

The following listed amenities satisfy the above recreational facilities requirements.

Recognizing that certain facilities serve more people than others, have a wider interest or appeal, and/or occupy more area, specified items may be counted as two amenities, as noted.

In all cases, each square foot of land area devoted to a recreational amenity shall be credited as common open space on a 1:1 basis.
a. Clubhouse (two)
b. Swimming Pool (two)
c. Tennis, Basketball or Racquetball court
d. Weightlifting facility
e. Children's playground equipment
f. Sauna or Jacuzzi
g. Day Care Facility (two)
h. Other recreational amenities deemed adequate by the director.

(5) For projects proposing a clustering configuration with detached single-family homes or within small attached unit configurations, please see 16.16.020 “Planned Residential Development General Standards” and 16.16.030 “Planned Residential Development Design Standards and Parameters” for requirements.
(6) For structures located within a Hillside Area, see maximum height criteria as provided within Section 16.24 (Hillside Development) and applicability. “

24

Page 5 of 70 ends

Section 16.08.030(A)(5) (Single-family Residential Design Standards and Design Features) of the Murrieta Municipal Code is hereby amended in part to read as follows:

16.08.030 Single-family Residential Design Standards and Design Features. …

“5. Walls.
a. Standard: Walls shall be designed using masonry materials such as split face and slumpstone, with colors that complement the architectural design of adjacent buildings. b. Standard: Walls adjacent to streets shall run in a continuous plane for more than forty-eight (48) feet without incorporating at least two of the following design features:
1) A minimum two-foot change in plane for at least ten feet; 2) A minimum eighteen- (18-) inch raised planter for at least ten feet; 3) A minimum eighteen- (18-) inch change in height for at least ten feet; 4) Use of pilasters at forty-eight (48) foot intervals and at changes in wall planes and height; or
5) A section of open grillwork a minimum four feet in height for at least ten feet. c. Standard: Refer to Section 16.22.070(F) (Retaining Walls) for retaining wall criteria.” …

25

Page 6 of 70 ends

Section 16.08.040(D)(7) (Multi-family Residential Design Standards) of the Murrieta Municipal Code is hereby amended in part to read as follows:

16.08.040 Multi-family Residential Design Standards.
…
“7. Walls.
a. Standard. Walls shall be designed using masonry materials such as split face and slump stone, with colors that complement the architectural design of adjacent buildings. b. Standard: Walls adjacent to streets shall not run in a continuous plane for more than forty-eight (48) feet without incorporating at least two of the following design features:
1) A minimum two-foot change in plane for at least ten feet; 2) A minimum eighteen (18) inch raised planter for at least ten feet; 3) Use of pilasters at forty-eight (48) foot intervals and at changes in wall planes and height; or
4) A section of open grillwork a minimum four feet in height for at least ten feet. c. Standard: Refer to Section 16.22.070(F) (Retaining Walls) for retaining wall criteria.” …

26

Page 7 of 70 ends

Section 16.10.020 (Commercial District General Development Standards), Table 16.10-2 (Commercial Zones General Development Standards Requirements) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:

16.10.020 Commercial District General Development Standards. “
TABLE 16.10-2

COMMERCIAL ZONES

GENERAL DEVELOPMENT STANDARDS REQUIREMENTS
Development
Feature

NC CC RC
Minimum Site Area(1) None None 30 acres(2)
Setbacks

Street 15 feet 25 feet 25 feet
Interior (adjacent to
commercially zoned
properties)
0 or 10 feet 0 or 10 feet 0 or 10 feet
Interior (adjacent to
residential zoned
properties)
20 feet minimum or
equal to the building
height, whichever is
greater
20 feet minimum or
equal to the building
height, whichever is
greater
20 feet minimum or
equal to the building
height, whichever is
greater
Interior (adjacent to a
freeway)
25 feet minimum 25 feet minimum 25 feet minimum
Accessory Structure Consistent with Section16.44.150
Maximum Building
Height(4)
35 feet(4) 50 feet(4) 50 feet(4)
Minimum On-site
Landscaping(3)
15 percent 20 percent 20 percent
(1) Site area means a parcel or group of parcels, which are considered a unit for purposes of development.
(2) Portions of a site may be developed prior to development of the entire site, if it can be demonstrated that the portion does not compromise the overall comprehensive development of the site.
(3) See Chapter 16.28 , Landscaping Standards for Water Efficient Landscaping. (4) For structures located within a Hillside Area, see maximum height criteria as provided within Section 16.24 (Hillside Development) and applicability. “

27

Page 8 of 70 ends

Section 16.11.020 (Office Districts General Development Standards), Table 16.11-2 (Office Districts General Development Standards) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:

16.11.020 Office Districts General Development Standards. “
TABLE 16.11-2
OFFICE DISTRICTS GENERAL DEVELOPMENT STANDARDS(1) (2)
Development Feature Office ORP
Required Building Setbacks
Street Side 25 feet 25 feet
Interior 25 feet 25 feet
Interior (adjacent to residential zoned
properties)
Twice Building Height Twice Building Height
Interior (adjacent to a freeway) 25 feet minimum 25 feet minimum Building Height
Maximum Building Height(3)(6) 90 feet(6) 150 feet(6)
Accessory Structures Consistent with Section 16.44.150
Landscaping
Minimum On-site Landscaping(4) 20 percent 20 percent
Minimum Parking Area Landscaping Based on Parking Lot Size(5) 5 - 24 spaces 5 percent 5 percent
25 - 49 spaces 7.5 percent 7.5 percent
50 spaces plus 10 percent 10 percent
Parking Requirements
See Chapter 16.34, Off-Street Parking and Loading Standards (1) Portions of a site may be developed prior to development of the entire site, if it can be demonstrated that the portion does not compromise the overall comprehensive development of the site.
(2) Development standards may vary for mixed use projects and projects over ten acres in size when comprehensively planned in compliance with Chapter 16.64, Master Development Plans, or Chapter 16.66, Specific Plans.
(3) For structures greater than fifty (50) feet in building height and within 500 feet of existing residential homes, a public hearing shall be required, and the review shall include an evaluation of view sheds to maintain views for residential homes and a shadow survey to avoid buildings casting shadows on residential homes.
(4) See Chapter 16.28, Landscaping Standards and Water Efficient Landscaping. (5) Minimum required parking lot landscaping area is included in required minimum on-site landscaping area.
(6) For structures located within a Hillside Area, see maximum height criteria as provided within Section 16.24 (Hillside Development) and applicability. “

28

Page 9 of 70 ends

Section 16.12.020 (Business Park and Industrial Districts General Development Standards), Table 16.12-2 (Business Park and Industrial Zones General Development Standards) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:

16.12.020 Business Park and Industrial Districts General Development Standards.

“
TABLE 16.12-2

BUSINESS PARK AND INDUSTRIAL ZONES

GENERAL DEVELOPMENT STANDARDS
Development Feature BP GI GI-A
Minimum Parcel Size 10,000 square
feet
20,000 square
feet
10,000 square
feet
Minimum Parcel Width 75 feet
(minimum
average)
75 feet
(minimum
average)
75 feet
(minimum
average)
Setbacks Required
Street 25 feet 25 feet 25 feet
Interior None None 10 feet
Interior
(adjacent to residential zoned
properties)
20 feet minimum or equal to the building height
Interior (adjacent to a freeway) 25 feet minimum
Accessory Structures Same as main structure
From Residential Areas 50 feet 25 feet 25 feet
Maximum Height Limit(2) 50 feet(2) 40 feet(2) 40 feet(2) Minimum On-site Landscaping(1) 15 percent 5 percent 5 percent (1) See Chapter 16.28 , Landscaping Standards and Water Efficient Landscaping (2) For structures located within a Hillside Area, see maximum height criteria as provided within Section 16.24 (Hillside Development) and applicability. “

29

Page 10 of 70 ends

Section 16.12.030(A)(4) (Business Park and Industrial Zoning Districts Design Standards) of the Murrieta Municipal Code is hereby amended in part to read as follows:

16.12.030 Business Park and Industrial Zoning Districts Design Standards. …
“4. Screen Walls/Fencing.
a. Standard: If walls are not required for a specific screening or security purpose they shall not be provided. Walls provide hiding places for intruders and surfaces for graffiti. The intent is to keep walls as low as possible while performing their screening and security functions.
b. Standard: When security fencing is required, it shall not include barbed wire or razor wire. Chain link fencing is not allowed along street frontages. Security fencing shall be:
1) Masonry pillars with open metal grillwork;
2) Short (two-three feet) masonry walls with grillwork on top; and 3) Open grillwork or chainlink fence along side and rear property boundaries or used internally on the site if not visible from the public street. c. Standard: Long expanses offences and walls shall be offset and architecturally designed to create interest and avoid monotony. Landscape pockets, a minimum of twelve (12) feet wide and four feet deep, shall be provided at forty (40)-foot minimum intervals along the wall. These dimensions may vary somewhat, as long as the overall effect is the same, subject to approval by the director.

d. Standard: Refer to Section 16.22.070(F) (Retaining Walls) for retaining wall criteria.” …

30

Page 11 of 70 ends

Section 16.13.020 (Innovation District General Development Standards), Table 16.13-2 (Innovation District General Development Standards) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:

16.13.020 Innovation District General Development Standards. “
TABLE 16.13-2
INNOVATION DISTRICT GENERAL DEVELOPMENT STANDARDS (1) (2) Development Feature Standard
Required Building Setbacks
Front 10 feet minimum
Rear 10 feet minimum
Street Side(3) 10 feet minimum
Interior Side(3) 10 feet minimum
From Freeway 100 feet minimum
From Residential Districts 75 feet minimum when adjacent to a residential district Maximum Building
Height(4)(7)
150 feet(4)(7)
Minimum Ceiling Heights 14 feet - ground floor
10 feet - above ground floor
Minimum Lot Size 10,000 square feet for 1 and 2 stories, 20,000 square feet for 3 and 4 stories, and 40,000 square feet for 5 or more stories Required Building Massing Stepbacks
Floors 3 and Higher Minimum 10 additional feet from face of second floor below Accessory Structures Same as main structure
Public Art Standards
Minimum Public Art One percent (1%) of construction costs (capped at $400,000) to public art for projects where a building permit value exceeds $5,000,000
Eligible Artworks Public art located at or near the site; no commercial messages, including designs and logos
Landscaping/Open Space Standards
Minimum On-site
Landscaping/Open Space(5)
20 percent of the project's lot area. Amenities such as court yards, roof top gardens, outdoor dining, food
trucks/vendors spaces, shade structures, plazas, and artwork on-site may count towards landscaping/open space
requirements.

Minimum Surface Parking Area Landscaping Standards(6)
5 - 24 spaces 5 percent of the parking area
25 - 49 spaces 7.5 percent of the parking area
50 spaces plus 10 percent of the parking area
Parking Requirements
31

Page 12 of 70 ends

See Chapter 16.34, Off-Street Parking and Loading Standards (1) Portions of a site may be developed prior to development of the entire site, if it can be demonstrated that the portion does not compromise the overall comprehensive development of the site.
(2) Development standards may vary for projects over ten acres in size when comprehensively planned in compliance with Chapter 16.64, Master Development Plans, or Chapter 16.66, Specific Plans.
(3) Measured from right of way line or property line. (4) For structures greater than fifty (50) feet in building height and within 500 feet of existing residential districts, a public hearing shall be required, and the review shall include an evaluation of view sheds to maintain views for residential homes in the residential district and a shadow survey to avoid nonresidential buildings casting shadows on residential homes. No building shall exceed any Federal Aviation Administration (FAA) requirements. (5) See Chapter 16.28, Landscaping Standards and Water Efficient Landscaping. (6) Minimum required parking lot landscaping area is included in required minimum on-site landscaping/open space area.
(7) For structures located within a Hillside Area, see maximum height criteria as provided within Section 16.24 (Hillside Development) and applicability. “

32

Page 13 of 70 ends

Section 16.14.010 (Purpose), Table 16.14-2 (Special Purpose Districts General Development Standards) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:

16.14.010 Purpose.
“
TABLE 16.14-2

SPECIAL PURPOSE DISTRICTS

GENERAL DEVELOPMENT STANDARDS
Development Feature P&R C&I OS
Setbacks
Street 25 feet 25 feet 25 feet
Interior 20 feet 20 feet 20 feet
From Abutting Residential District 15 feet
Accessory Structures Same as Primary Structure
Maximum Height Limit(1) 35 feet(1) 50 feet(1) 35 feet(1) (1) For structures located within a Hillside Area, see maximum height criteria as provided within Section 16.24 (Hillside Development) and applicability. “

33

Page 14 of 70 ends

Section 16.18.080 (Height Measurement and Height Limit Exceptions) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:

“All structures shall meet the following standards relating to height, except for fences and walls, which shall comply with Chapter 16.22 (Fences, Hedges, and Walls).

A. Maximum Height. The height of structures shall not exceed the standard established by the applicable zoning district in Article II (Zoning Districts and Allowable Land Uses) or for structures within a Hillside Area under Section 16.24.020.A. In addition, the Mmaximum height for structures on a specific parcel shall be measured as follows:the vertical distance from finish grade to an imaginary plane located the allowed number of feet above and parallel to the finish grade.

FIGURE 3-1

HEIGHT MEASUREMENT

1. Establishing the high point and low point on the property as reference grade points as follows:
a. A measurement is taken from the lower of existing or proposed grade, 5 feet away from the lowest grade point around the structure in accordance with Figure 16.18-1. This point shall be the low reference grade point. The highest point anywhere on the structure may not exceed the elevation of that low grade point by more than the allowable height plus the grade differential between the low point of structure and high point of structure (excluding items as detailed under Section 16.18.080(B) (Exceptions to Height Limits)), but in such case where the actual grade differential exceeds 10 feet, only a maximum of 10 feet may be added to the maximum allowable height per the zone. The measurement is the difference in elevation between the highest and the lowest adjacent ground elevation surrounding the building.

34

Page 15 of 70 ends

FIGURE 16.18-1

MEASUREMENT LOCATIONS

b. If the difference in elevation is 10 feet or less, the reference grade point is established at the highest adjacent ground elevation. See Figure 16.18-2. If the difference in elevation is greater than 10 feet, the reference grade point is established at 10 feet above the lowest adjacent ground elevation. See Figure 16.18-3. For stepped or terraced buildings, the building height is the overall height as illustrated in Figures 16.18-4 and Figure 16.18-5.

FIGURES 16.18-2, -3, -4. -5

MEASUREMENT CRITERA

c. For a project with a proposed pad configuration, the height of the structure measured by the vertical distance from the finished grade to the height of the roof line. See Figure 16.18-6.

35

Page 16 of 70 ends

FIGURE 16.18-6

MEASUREMENT WITH PAD CONFIGURATION

B. Structures on Sloping Parcels. Where the average slope of a parcel is greater than one foot rise or fall in 7 feet of distance from the street elevation at the property line, structure height shall be measured in compliance with Chapter 16.24 (Hillside Development).

CB. Exceptions to Height Limits. Exceptions to the height limits identified in this development code shall apply in the following manner:

1. Roof-mounted Features. Roof-mounted features including chimneys, cupolas, clock towers, elevator equipment rooms, equipment enclosures, and similar architectural features shall be allowed, up to a maximum of fifteen (15) feet above the allowed structure height. The total square footage of all structures above the heights allowed in the zoning districts shall not occupy more than twenty-five (25) percent of the total roof area of the structure.

Greater height or area coverage may be allowed subject to the approval of a minor conditional use permit in compliance with Chapter 16.52.

2. Parapet Walls. Fire or parapet walls may extend up to four feet above the allowable height limit of the structure.

3. Public Assembly, Hotels, Class "A" Office and Public Structures. Places of public assembly including churches, schools, assembly halls, Class "A" office buildings greater than three (3) stories, hotels and other similar structures may exceed the established height limit by one (1) foot for every two (2) feet that the minimum required front, rear and side yard setbacks are increased. The increase in the front, rear and side yard setbacks is determined by averaging the total of the increased building setbacks at the closest point on all sides. The maximum additional height allowed is thirty (30) feet above the height limit established for the applicable zoning district. This exception shall not apply when the site is adjacent to single-family zoned property. This exception may be used in conjunction with the height exception for rooftop equipment.

4. Telecommunications Facilities. Telecommunication facilities, including antennae, poles, towers, and necessary mechanical appurtenances, may be authorized to exceed the height limit established for the applicable zoning district, subject to the approval of a conditional use permit in compliance with Chapter 16.52.

36

Page 17 of 70 ends

5. Basement. A basement is defined as a story that has its floor surface below the adjoining finished grade as both conditioned and unconditioned space per the California Building and Residential Codes.”
…

37

Page 18 of 70 ends

Section 16.18.140(D)(4)(b) (Setback Regulations and Exceptions) of the Murrieta Municipal Code is hereby amended to read in part as follows:

16.18.140 – Setback Regulations and Exceptions
..

4. Setback Requirements for Specific Structures:
..
“b. Retaining Walls. (Retaining walls up to four feet in height are exempt.)Refer to Table 16.18-2 (Retaining Walls – Non-Hillside Areas) below:

1) Up to Six Feet. Retaining walls up to six feet in height may be located within a required set-back provided the exposed side of the wall faces into the subject parcel; and

2) Over Six Feet. Retaining walls greater than six feet in height, or where the exposed side of the wall faces out from the subject parcel without regard to height, shall be subject to the same requirements as the main structure in the applicable zoning district.

TABLE 16.18-2

RETAINING WALLS - NON-HILLSIDE AREAS
Criteria
Facing Outward Within Front or
Street-Side Setback
For residential, mixed-use
locations, commercial and
industrial, retaining walls within
a front yard or street-side
setback shall not exceed four
feet in height.

Facing Inward Retaining walls up to six feet in
height may be located within a
required setback provided the
exposed side of the wall faces
into the subject parcel and shall
incorporate landscaping to
screen the wall(s).

Line-of-Sight Locations/Visibility
Triangles
For any required line–of–sight
locations or visibility triangles, a
maximum of thirty inches in
height shall be permitted.

Six Feet or Greater - Retaining
Wall Facing Outward
Retaining walls six feet or
greater in height, shall be
subject to the same setback
requirements as the main
structure in the applicable
zoning district and shall
incorporate landscaping to
screen the wall(s).

Required Offset At twelve feet in height, a
retaining wall shall be separated
by a minimum of six feet
38

Page 19 of 70 ends

horizontally to accommodate
landscaping.

Design Criteria Refer to Section 16.22.070(F)
(Retaining Walls).

Retaining Wall(s) within Hillside
Areas
Refer to Table 16.24-2
(Retaining Walls – Designated
Hillside Areas)
“

39

Page 20 of 70 ends

Section 16.22.030 (General Height Limitations), Table 3-3 (Maximum Height of Fences, Hedges, and Walls) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:

16.22.030 General Height Limitations.

“Fences, hedges and walls may be erected/maintained to the heights shown in Table 3-316.22-

1. TABLE 3-3

MAXIMUM HEIGHT OF FENCES, HEDGES, AND WALLS

TABLE 16.22-1

MAXIMUM HEIGHT OF FENCES, HEDGES, AND WALLS

Location Maximum Height (within Setback Areas)
Rear and side yards (interior and street side) Six feet* Front yards Three feet*
At intersections of streets, alleys and
driveways within traffic safety sight areas.

Twenty-four (24) inches

* The director may approve additional height to enclose or screen areas.”

40

Page 21 of 70 ends

Section 16.22.040 (Exceptions to Height Limitations) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:

“16.22.040 Exceptions to Height Limitations – Non-Retaining Walls.

A. Fences and walls otherwise limited to three feet in height, may be allowed up to five feet in height with see-through (e.g., wrought iron or grille work) fencing material;

B. Fences and walls otherwise limited to six feet in height, may be approved up to eight feet in height with see-through (e.g., wrought iron or grille work) fencing material; and

C. Fences and walls may be allowed up to ten feet when the required setbacks are maintained. Heights greater than ten feet may be allowed subject to approval of the director.”

41

Page 22 of 70 ends

Section 16.22.050 (Measurement of Fence or Wall Height) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:

“16.22.050 Measurement of Fence or Wall Height.

Where there is a difference in the ground level between two adjacent parcels of less than two feet, the height of a fence or wall constructed along the property line shall be determined by using the finish grade of the highest contiguous parcel. When there is a difference in the ground level between two adjacent parcels of two feet or more, the height of a fence or wall shall be determined by the director.”

42

Page 23 of 70 ends

Section 16.22.060 (Walls Required Between Different Zoning Districts) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:

“16.22.060 Walls Required Between Different Zoning Districts.

Walls shall be provided and maintained between different zoning districts as follows:

A. Where a nonresidential or multi-family zoning district abuts a residential zoning district, a solid masonry wall C of six feet in height shall be constructed on the zone boundary line. Walls may be constructed higher than six feet if the viewshed is not impeded. This is and subject to the approval of the Ddirector. If retaining areas are proposed at these locations, please refer to the design standards as described under Section 16.22.070(F) (Retaining Walls);

B. Where a Business Park (BP), General Industrial (GI), or General Industrial-A (GIA) IG zoning district abuts another zoning district, a solid masonry wall six feet in height shall be constructed on the zone boundary line. This standard may be applicable at a project location within Innovation District (INN) depending on the proposed site layout and pedestrian and vehicle access. Please see Section 16.13.030 (Innovation District Design Standards) for additional details and criteria;

C. Walls shall be of solid masonry construction and shall be of a decorative design when in view of public rights-of-way subject to approval of the director; and

D. The director may waive or modify requirements for walls between different zoning districts where a solid masonry wall already exists on the contiguous property if the following findings can be made:

1. The existing wall meets or can be modified to conform to the intent of this chapter;

2. Suitable landscaping can be installed adjacent to the existing wall to supplement and enhance the de-sireddesired physical separation;

3. The existing wall can be protected to prevent vehicle damage, if necessary; and

4. Concurrence of the adjacent property owner can be obtained, to modify the existing wall to meet the requirements of this chapter.”

43

Page 24 of 70 ends

Section 16.22.070 (Special Wall and Fencing Requirements) of the Murrieta Municipal Code is hereby amended in its entirety to read as follows:

“16.22.070 Special Wall and Fencing Requirements.

A. Swimming Pools, Spas and Similar Features. Swimming pools, spas and other similar features shall be fenced in compliance with Chapter 15.48 (Swimming Pool Enclosures) of the municipal code.

B. Outdoor Equipment, Storage and Work Areas. Screening of outdoor uses and equipment and activities shall be provided in compliance with Section 16.18.120 (Screening and Buffering).

C. Temporary Fencing. Temporary fencing may be necessary to protect archaeological or historic resources and/or trees during site preparation and construction. Temporary fencing for these purposes shall be subject to the approval of the director.

D. Fence and Wall Design. Perimeter fences/walls adjoining public rights-of-way shall be articulated in compliance with subsection 16.08.030(A)(5)(b) (Walls). The design shall include an appropriate mix of materials and landscaping subject to the approval of the director.

E. Construction Fencing. Active construction sites shall be enclosed with a locked temporary construction fence or similar barrier to prevent ease of access into the site.

F. Retaining Walls.

1. Retaining walls may be allowed to reduce grading, preserve natural, features, or increase soil stabilization.

2. Crib walls, keystone, loffelstein walls, and other similar living wall systems are a design option as long as it can be demonstrated on the project plans that the walls are structurally acceptable and provisions are provided for acceptable landscaping. Such wall shall be subject to the following standards:

a. Utilization of a curvilinear slope pattern consistent with the appearance of the natural hillside terrain.

b. Planted with landscape material suitable for the climate and wall exposure relative to the sun.

c. The landscape aesthetic effect to be achieved by the overall development shall be emphasized and considered.

d. The color palette and materials selected for the retaining wall shall blend in with the adjacent hillsides and landscape plant palette.

3. Retaining Walls shall incorporate materials and colors used in an adjacent structures. All materials used to construct the retaining wall(s) shall consist of native stone, poured-in-place concrete, precast concrete block, color treated, textured or veneered to blend in with the surrounding natural colors and textures of the existing landscape and native plant materials.

44

Page 25 of 70 ends

4. Retaining Walls visible from the public right-of-way shall be designed to provide variation in placement, use of planters, differing materials, and modulation of the wall plane.

5. Retaining Walls shall follow landform grading shapes and contours.

6. Tubular steel or wrought-iron safety fencing may be necessary in conjunction with retaining wall locations. If necessary, these wall locations are to provide for landscape safety maintenance personnel. Construction shall be consistent with the California Building Code and related codes.

7. Refer to Table 16.18-1 (Retaining Walls) and 16.24-2 (Retaining Walls – Designated Hillside Areas) for additional criteria.”

45

Page 26 of 70 ends

Chapter 16.24 (Hillside Development) is hereby amended in its entirety to read as follows:

“16.24.010 Purpose.

The purpose of this chapter is to provide regulations for the development of areas in the cityCity that, because of their topography, require special consideration to ensure that they are developed in a way that substantially maintains their natural character and environmental and aesthetic values to implement the City’s Ggeneral Pplan, and to provide for the safety, health, and welfare of the public by:

A. Providing guidelines and standards for development in visually sensitive hillside areasHillside Areas to minimize the ad-verse impacts of gradinggrading and to promote the goals and objectives of the City’s Ggeneral Pplan;

B. Maintaining an environmental equilibrium consistent with existing vegetation, wildlife, soils, geology, slopesslopes, and drainage patterns, and to preserve natural topography and scenic character, including canyons, creeks, knolls, rock outcrops, and ridgelines whenever feasible;

C. Encouraging development proposals that feature water conservation and aquifer recharge techniques;

D. Encouraging development proposals that are sensitive to fire, flood, slide, erosionerosion, pollution, or other safety hazards;

E. Encouraging sensitive development through flexible design and innovative arrangement of building sites by utilizing variable lot sizes, clustering, and setback variations;

F. Utilizing nontraditional design standards for streets and hillside gradinggrading where development quality and public safety are not affected;

G. Encouraging developments that incorporate desirable existing features of land (e.g., natural vegetation, viewsheds, topographic features);

H. Protecting significant natural areas for ecologic purposes, educational, and other scientific study purposes; 1. Encouraging the use of drought-tolerant plant material to protect slopesslopes from soil erosionerosion and slippage, preserve natural watershed, minimize fire hazard, and minimize the scarring and deformation of the natural landscape;

IJ. Limiting the impact of cutcut slopesslopes on adjacent developed and undeveloped properties; and

JK. Providing for appropriate intensity of development (e.g., density, massing, etc.) in hillside areas through a variety of design techniques to ensure that development intensity decreases as slopesslopes become steeper (e.g., lot sizes appropriate for steeper topography and separation of structures sufficient to preserve thea viewshed).

46

Page 27 of 70 ends

16.24.020 Applicability.

A. Hillside Area. The standards contained in this chapter apply to uses and structures within areas that have a slope of twenty (20) percent or greater and/or are designated on the significant features map on file with the department.

A. Location Consideration for Analysis. Notwithstanding any other provisions of this Code, the standards contained in this chapter apply to uses and structures within HIllside Areas that have a slope twenty-five (25) percent or greater and as designated within the boundaries of a Hillside Overlay Map. Additionally, please refer to 16.02.020 (Exemptions from Land Use Permit Requirements), 16.24.080 (Exceptions) for activities and features exempt from review.

B. Basis for Slope Determinations. For the purpose of this chapter, slope shall be computed on the natural slope of the land before grading is commenced, as determined from a topographic map having a scale of not less than one inch equals one hundred (100) feet and a contour tour interval of not more than five feet.Slope determinations shall be based upon citywide contour data as provided on the City’s website under the Geographic Information System webpage under Interactive Mapping.

C. Development Plan Permit Required. Hillside developments shall be subject to the approval of a development plan permit in compliance with Chapter 16.56, unless exempt per adopted City policy or State Law (Example: Accessory Dwelling Unit).

D. The development standards, guidelines and provisions of this chapter shall be applied to those portions of land with a predominance of significant natural slopes exceeding twenty-five (25) percent and areas that are integrally contiguous or slopes determined as significant by the director. The provisions of this chapter shall apply to projects relating to subdivisions, permits, uses, structures, specific plans, master development plans, and associated site plans for development review except as specifically exempted by Section 16.02.020.

D. The development standards, guidelines and provisions of this chapter shall be applied to those portions of land with a predominance of natural slopes exceeding twenty-five (25) percent or greater and areas that are integrally contiguous. The provisions of this chapter shall apply to projects relating to subdivisions, permits, uses, structures, specific plans, master development plans, and associated site plans for development review except as specifically exempted by Section 16.02.020 (Exemptions from Land Use Permit Requirements), and 16.24.080 (Exceptions).

16.24.030 Definitions.

For the purposes of this chapter the following definitions shall apply:

City. The City of Murrieta, state of California, referred to in this development code as the “City.”

City Engineer. The director of Public Works/City Engineer of the city or their duly delegated representative.

City Manager. The official employed by an elected council to direct the administration of the City. See Chapter 2.08 “City Manager”

Clearing. The removal of vegetation (grass, brush, trees, and similar plant types) by hand or mechanical means (e.g. also known as brushing, and/or grubbing).

47

Page 28 of 70 ends

Cluster Development. A concept where structures are grouped on certain portions of a site, frequently of different shapes and sizes, surrounded by large expanses of open space.

Contour. A line drawn on a plan that connects points of equal elevation.

Cut. The mechanical removal of earth material.An act by which soil, sand, gravel, or rock is cut into, dug, quarried, uncovered, removed, or relocated, and shall include the conditions resulting therefrom.

Daylight Line. The line between the finished grade and natural terrain drawn by connecting points where pro-posed contours meet existing contours.

Director. See Section 16.46.050 “Director.”

Elevation. Height or distance above mean sea level.

Erosion. The process by which the soil and rock components of the earth's crust are worn away and removed from one place to another by natural forces (e.g., as wind, and water)

Fill. A deposit of earth material placed by artificial means.deposit of soil, sand, gravel, rock, or other material placed by artificial means.

Finished Grade. The final elevation of the ground surface after development, that is in conformance with the approved plans.

Grading. To bring an existing surface to a designed form by excavating, filling, or landforming operations in excess of fifty (50) cubic yards.

Contour Grading. A grading concept designed to result in earth shaping forms that resembles natural terrain characteristics. Horizontal and vertical curve variations are often used for slope banks.

Conventional Grading. A grading concept that results in simple, straight forward, cut and fill lines and even planed slopesslopes. This is the most basic type of grading often resulting in an "engineered or man-made" appearance attributable to a lack of curvilinear or natural-appearing shapes.

Landform Grading. A grading method that replicates the irregular shapes of the natural ground surfaceslopes. Landform graded land surfacesslopes are characterized by continuous series of concave and convex forms interspersed with mounds that blend into profiles, nonlinearity in plan 48

Page 29 of 70 ends

view, varying slope gradients, and significant transition zones, between man-made and natural land surfacesslopes.

Hillside Area. Land with an average rise or fall of twenty-five (25) percent or greater or a vertical rise of thirty (30) feet or more Means those areas specifically designated on a Hillside Overlay Map as adopted by the City Council under Section 16.24.100.

Mass Grading. The movement of large quantities of earth over large areas. Disruption of the majority of the on-site surface terrain resulting in a successive pad/terrace configuration.

Modification or elimination of natural landforms may result.

Minimal Grading. A grading concept designed to minimize excavation and filling. Allows the movement of earth for projects (e.g., as individual building foundations, driveways, local roads, and utility excavation). The concept is associated with roads conforming closely to natural contours and with structures being built on natural terrain.

Pad. A level area created by grading to accommodate development.

Prominent Ridge. A ridge or hill location that is visible from Interstate 15, Interstate 215, or from an arterial or secondary street, that forms part of the skyline or is seen as a distinct edge against a backdrop of land and has been identified on a “Prominent Ridgelines” Map adopted by the City Council. Refer to Section 16.24.110.

Ridge. An extended, narrow, conspicuous elevation of land generally between valleys.

Slope. An inclined ground surface, the inclination of which is expressed as a ratio of the vertical distance (rise), or change in elevation, to the horizontal distance (run). The percent of a given slope is determined by dividing the rise by the run, multiplied by one hundred (100).

49

Page 30 of 70 ends

Slope, Average. The method of determining average natural slope of land using the following equation:

I x L x .0023 where
A
I = Contour interval in feet.

L = Combined length in feet of contour lines measured on the project site. .0023 = A constant that converts square feet into acres and expresses slope in percent.

A = Project site area in acres.

Slope, Man-made. A manufactured slope consisting wholly or partially of either cut or filled material. Slope, Natural. A slope that is not man-made.

Slope, Significant Natural. A slope that is not man-made that exceeds twenty-five (25) percent and a vertical rise of thirty (30) feet or more.

Slope Ratio. The relationship of a slope's horizontal length to vertical height, with the height specified as one (e.g. 2:1).

Slope Transition. The area where a slope plane changes to meet the natural terrain or a level graded area either vertically or horizontally.

16.24.040 Application Submittal Requirements.

Applications for development within the hillside overlay zoning district shall comply with the submittal requirements of this chapter. When a development project is a specific plan or master development plan, the submittal requirements shall be incorporated in the appropriate sections 50

Page 31 of 70 ends

of the corresponding documents. If adequate detailed studies are provided with the specific plan and/or master development plan, subsequent implementing development applications shall be reviewed for substantial conformance with these plans.

Application filing requirements are as follows:

A. A Natural Features Map. This map shall identify slope banks, ridgelines, canyons, natural drainage courses, United States Geological Survey (U.S.G.S.) blueline streams, rock outcroppings, sensitive bioticbiological habitats, cultural resources, and other natural features for the purposes of project review and California Environmental Quality Act (CEQA) analysisdetermined to be worthy of consideration for preservation.

B. A Conceptual Grading Plan. A conceptual grading plan shall be submitted at a minimum scale of one inch to two hundred (200) feet (this scale may be adjusted with the approval of the department). The plan shall include the following items:

1. A legend with appropriate symbols indicating high point, low point, spot elevations, pad and finished floor elevations, top of wall, top of curb, change in direction of drainage, and planned drainage improvements;

2. A separate map with proposed fill areas and cut areas, depths of these areas clearly shown in five-foot topographic lines. Quantities of each cut and fill area shall be clearly marked and calculated as a percentage of the total site area. The fill and cut areas shall be either colored green and red, respectively, cross-hatched, or screened to delineate the separate areas;

3. Contours for existing and proposed land conditions. Existing contours shall be depicted with a dashed line with every fifth contour darker, and proposed contours shall be depicted as above except with a solid line. Contours shall be shown at minimum intervals of five feet of change in elevation, with two-foot contours in the flatter areas (if using Riverside County flood control district topographic maps, a four-foot interval may be used); and

4. Additional information as required to assist department review of the project.

B. Overall Conceptual Grading Plan. An overall conceptual grading plan shall be submitted at a minimum scale of one (1) inch equals twenty (20) feet). The plan shall include the following items:

1. A legend with symbols identifying the following, but not limited to: high point, low point, spot elevations, pad, top of wall, top of footing, top of curb, top of ground surface on both sides of a retaining wall, and planned drainage improvements;

2. A separate map shall be provided with proposed cut and fill areas, depths of these identified areas shown in five-foot topographic lines. Quantities of each cut and fill area shall be identified and calculated as a percentage of the total site area. The cut and fill areas shall be either colored green and red, cross-hatched, or screened to delineate each respective area;

3. Contours for existing and proposed topographic conditions shall be provided within submitted plan exhibits. Existing contours shall be depicted with continuous screened lines and proposed contours shall be depicted as above except with a solid line. Contours shall be shown at minimum intervals of two feet of change in elevation. Elevations of less than two feet shall be depicted with spot elevations; and

51

Page 32 of 70 ends

4. Additional information as required to assist with review of the project.

C. Drainage Map. A conceptual drainage and flood control facilities map describing planned drainage improvements. The map shall utilize cityCity standards or an acceptable alternate as determined by the City Engineer or their designeecity engineer.

D. Slope Analysis Map. A slope analysis map for the purpose of determining the quantity amount and location of land as it exists in its natural state and for calculating average slope categories. A base topographical map forof the site shall be prepared and shall have a scale of not less than one inch to onetwo hundred (100200) feet. The base topographical map shall include adjoining properties within one hundred (100) feet of the site boundaries to portray the site's context. Slope bands in contrasting colors shall be delineated in the range of zero to twenty-five (0—25) percent, twenty-six to fifty (26—50) percent, and fifty (50) percent or greater.

A tabulation of the land area by slope percentage shall also be provided. A heavy solid line indicating the twenty-five (25) percent grade differential shall be clearly marked on the plan.

The exact method for computing the percent slope and area of each slope category shall be sufficiently de-scribed and presented so that a review can be readily made. A heavy solid line indicating the twenty-five (25) percent grade differential shall be clearly marked on the plan. An eight and one-half by eleven (8 1/2 x 11) inch legible acetate reduction of the slope analysis with appropriate legend shall also be provided.

D.E. Slope Profile Drawings. A sufficient number of slope profiles shall be provided to clearly illustrate the ex-tent of the proposed grading. A minimum of four cCross-section slope profiles shall be included with the slope analysis. Additional profiles may be required as determined by the city engineerCity Engineer or their designee. The slope profiles shall:

1. Be drawn at the same scale and indexed, or keyed, to the slope analysis map, gradinggrading plan, and project site map. Both vertical and horizontal scales shall be indicated;

2. Show existing and proposed topography, structures, and infrastructure. Proposed topography, structures, and infrastructures shall be drawn with a thin, solid line. Existing topography and features shall be drawn with a dashed line;

3. Extend at a minimum of least one hundred (100) feet outside the project site boundary to clearly show the impact on adjacent property. Additional distance may be necessary to determine off-site terrain and features;

4. Be drawn along those portions of the subject site where:

a. The greatest portion of the site where alteration of existing topography is proposed;

b. The most intensive or massiveportion of the site where development is proposed (e.g. where structures are proposed);

c. The is most visible from surrounding land uses; and

dc. Where proposed gradinggrading willwould potentially impact existing natural drainage conditions.

52

Page 33 of 70 ends

5. At least two of the slope profiles shall be roughly parallel to each other and roughly perpendicular to existing contourcontour lines. At least one other slope profile shall be roughly at a ninety (90) degree angle to the other slope profiles and existing contour lines.

F. Indicate Source of Data. Both the slope analysis and slope profiles shall Indicate the datum, source, date, and scale of topographic data used in the slope analysis and slope profiles.

G. Geotechnical Report. A geotechnical and soils report, shall be prepared by a registered geotechnical engineer to Citycity standards and provided in sufficient detail to substantiate and support the design concepts presented in the application as submitted. Additional environmental technical studies and investigations, including, but not limited to, hydrologic, seismic, access/circulation, cultural, tribal cultural, and biological resourcesbiota research may also be required to help in the determination of the buildable area of a subject site for consistency with project review and for California Environmental Quality Act (CEQA) analysis.

H. Objective Design Guidelines. Objective Ddesign guidelines shall be provided for projects that are to be reviewed by the Planning Ccommission. Otherwise, illustrative building elevationselevations showing all sides of the structure shall be provided.

I. No Grading Proposed. In the event that no grading is proposed, (e.g., custom lot subdivision) a statement to that effect shall be filed with a plan that shows possible future house plotting, pad grading, driveway de-sign, and septic system location for each parcel proposed.

The plan shall be prepared on a topographic map drawn at a scale of one inch to two hundred (200) feet.

I. No Grading Permit Required. See 16.24.080 (Exceptions) for applicability.

J. Additional Information. The following items may be required if determined necessary by the directorCity Engineer or their designee to aid in the analysis of the proposed project:

1. A line of sight or view analysis;

2. Photographic and/or computer generated graphic renderings;

3. A topographic model and/or large scale detailed partial model; or

4. Other illustrative techniques determined necessary to aid in review of the project.

K. Exceptions to the filing requirements shall be determined by the director

16.24.050 Project Review Procedures.

Projects within designated hillside areas shall be subject to review and approval by the director or the commission in compliance with the provisions of this chapter.

A. Director Approval. The Director shall approve, approve with conditions, or deny development proposal applications pursuant to the authority as referenced under Table 4-1 “Approval Authority and Public Hearing Requirements.” when the following conditions apply:

1. Development plan permits;
53

Page 34 of 70 ends

2. Extensions of time; or

3. Building permit reviews.

B. Planning Commission Approval. The Planning Ccommission shall approve, approve with conditions, or deny development proposal applications pursuant to the authority as referenced under Table 4-1 “Approval Authority and Public Hearing Requirements.” when one or more of the following conditions apply:

1. When padded building sites are proposed; or

2. Proposals referred to the commission by the director.

C. Modification of Requirements. The Planning Ccommission may modify or waive a development standard:

1. Wwhen an improved or more environmentally sensitive design willwould result. Further, where it can be demonstrated that imposing the objective hillside development standards would either render a parcel unbuildable and create a loss of its reasonable economic use, or place an undue restriction on the improvement of the property, development consistent with the City’s Ggeneral Pplan shall be allowed subject to approval by the Planning Ccommission, if the following findings can be made:

a. The site is physically suitable for the design and siting of the proposed development.

The proposed development will result in minimum disturbance of environmentally sensitive areas;

b. The gradinggrading proposed in connection with the development would will not result in soil erosionerosion, silting of lower slopesslopes, flooding, severe scarring, or create other geological instability conditions, or a fire hazard condition that would affect the public’s health, safety and general welfare for the City, as determined by the city engineerCity Engineer or their designee;

c. The proposed development retains the visual quality of the site, the aesthetic qualities of the area, and the neighborhood characteristics by utilizing proper structural scale and character, varied architectural treatments, and appropriate plant materials; and

16.24.060 Hillside Development Standards.

The following are minimum standards and shall apply to a use, development, or alteration of land in compliance with Section 16.24.020 (Applicability). These standards are supplemented by the provisions of the development guidelines contained in Section 16.24.070 (Hillside Development Guidelines) of this chapter.

A. Hillside Slope Categories. The following descriptionscategories serve as guidelines general standards for determining the applicability of hillside slopeconditions at a subject site categories to ensure that development will compliment the overall character of the landform.

54

Page 35 of 70 ends

TABLE 16.24-1

HILLSIDE DEVELOPMENT STANDARDS

% Natural
Slope
Category
Standards
UnderUp to
25%
This is not considered a hillside condition and the provisions of the Chapter shall not apply.

Over 25% but
less than up
to 50%
This is a hillside condition. Development within this slope category is limited to the less visually prominent slopesslopes of a subject site, and then only where it can be showndemonstrated that gradinggrading, vegetation removal, safety, and environmental and aesthetic, and other environmental impacts are can be minimized. Potential iImpacts of from site access and roadways shall be minimized by following natural contourscontours or using grade separations.

Proposed sStructure(s) shall blend with the natural landform through their shape, material, and utilization of naturally occurring color(s). Special hillside architectural and design techniques are required, which may include the use of larger lots, variable setbacks, and variable building structural techniques and clustering. Padded building sites may be considered in some instances. Where this occurs, the commission may consider padded building sites adjacent to special features when it is found that grading of padded building sites will create a better relationship between the special feature(s) and the building sites. 50% and
over(1)
This is an excessive slope condition and development is prohibited. (1)This applies to the property as a whole.

B. Site Design.

1. Projects located in hillside areas shall incorporate clustering, variable setbacks, multiple orientations, and other site planning techniques to preserve open spaces, protect natural features, and offer views to residents.

2. When clustering techniques are utilizedused, the minimum lot sizes may be decreased to five thousand (5,000) square feet when it is necessary to preserve sensitive lands (e.g., hillsides, creeks, habitat areas, etc.). Lots may be allowed smaller than five thousand (5,000) square feet, but not smaller than four thousand (4,000) square feet, for up to twenty (20) percent of the total approved lots and only under an approved specific plan when absolutely necessary 55

Page 36 of 70 ends

to preserve sensitive and hillside areasHillside Areas. Lots under five thousandthou-sand (5,000) square feet are prohibited in slope areas of twenty-five (25) percent or greater.

C. Driveways and Roadways.

1. Driveways shall be designed in a manner as to when a vehicle is entering a public/ and/or private streets, maintaining adequate sight distance shall be maintained as determined by the city engineerCity Engineer or their designee.

2. Driveways shall not be located within three feet of a side property line. Exceptions to this standard may be considered based on lot size, percentage of slope, appropriate drainage facilities and use as a common (joint) driveway by the City Engineer or their designee.

3. Only slopesslopes less than fifty (50) percent (2:1) shall be allowedpermitted adjacent to driveways.

4. Driveway grades above fifteen (15) percent may only be considered by the City Engineer or their designee when driveways are aligned with the natural contourscontours of the land, and are necessary to achieve effective site design, and safety considerations are met to the satisfaction of the building and safety official, City Engineer or designee, and fire code official. building and safety official, city engineer, and the fire department. Proper dDesign considerations shall be employed, including the use of vertical curves. On proposed driveways that may be approvedwith a slope greater than fifteen (15) percent, a coarse, all-weather paving material (e.g. asphalt or concrete), or grooves for traction, shall be incorporated into the designconstruction.

5. Roadways shall conform to the natural landform. Significant alterations to the physical and visual character of a hillside shall be avoided by eliminating large notches in ridgelines and wide straight alignments. Modified or reduced width roadroad width sections and split sections shall be considered in the layout of hillside streets to reduce gradinggrading and cutscuts in topography while allowing access for fire trucks and other emergency vehicles.

56

Page 37 of 70 ends

FIGURE 16.24-1

ROADWAY PLACEMENT

6. Where road construction is proposed in hillside areas, the standards shall be consistent with those identified for high fire hazard areas, the California Fire Code, and with City design standards.

7. The extent of vegetation and visual disruption shall be minimized by the combined use of retaining structures and regrading to approximate natural slopesslopes. The view along a street frontage shall be buffered withprovide a pleasant appearance with a sense of open space 57

Page 38 of 70 ends

and landscaping and the maintenance of views shall be preserved as demonstrated on the project plans. The use of terraced walls and landscaping to reduce grading impact associated with retaining walls is a recommended design technique to address this visual impactencouraged.

8. Wet utilities shall be placed in the road right-of-way, where feasible and approved by the reviewing agency.

9. Scaled roadway drainage facilities and grades shall be provided consistent with City design standards.

D. Architecture.

1. The building envelope for primary structures, except for padded building sites, The maximum structure height shall be thirty (30) feet. Refer to Section 16.18.080.A (Maximum Height) for additional criteria on how to calculate the maximum height for a sloped parcel. as follows:

a. Downhill Lot. The maximum structure height shall be thirty (30) feet, measured from finished grade at the front setback line extending towards the rear of the lot. The maximum height at the side setbacks shall be fifteen (15) feet extending up toward the center of the lot at a forty-five (45) degree angle to a maximum height of thirty (30) feet as measured from finished grade.

FIGURE 3-4

BUILDING ENVELOPE FOR DOWNHILL LOT

b. Uphill Lot. The maximum structure height shall be fifteen (15) feet, measured from finished grade at the front setback line extending up towards the rear of the lot at a forty-five- (45-) degree angle to a maxi-mum height of thirty (30) feet. The maximum height at the side setbacks shall be fifteen (15) feet extending up towards the center of the lot at a forty-five- (45-) degree angle to a maximum height of thirty (30) feet as measured from finished grade. 58

Page 39 of 70 ends

FIGURE 3-5

BUILDING ENVELOPE FOR UPHILL LOT

c. Cross Slope Lot. The maximum structure height shall be thirty (30) feet, measured from finished grade at the maximum front setback line extending towards the rear of the lot. The maximum height at the side setbacks shall be fifteen (15) feet extending up towards the center of the lot at a forty-five-(45-) degree angle to a maximum of thirty (30) feet as measured from finished grade.

FIGURE 3-6

BUILDING ENVELOPE FOR CROSS LOT SLOPE

ad. Architectural Projections Allowed. Architectural projections and variations in roof design are encouraged. Projections above the maximum height limits for architectural features may be allowed subject to approval by the directorDirector.

2. In steeper terrain, Rreduction of front yard setbacks may be considered in order to minimize rear yard grading.

3. Architectural treatments shall be provided on all sides of a structure. Elements of the architectural treatment used on the front facade shall be repeated on all sides of a structure with additional emphasis on those elevations visible from public rights-of-way.

34. Building materials and color schemes shall blend with the natural landscape. Colors shall be of earth tones and the value (lightness or darkness) of the specific hue shall be as close to that of the immediately surrounding landscape as possible as demonstrated on the project plans. Where exterior stucco is used, it shall have a final coat of integrated color in a muted earth tone. Contrasting color accents shall be kept to a minimum.

59

Page 40 of 70 ends

45. Treated wood or materials of a wood-like appearance, having the necessary fire retardant characteristics. are encouraged for a design option for exterior surfaces. Use of other natural materials (e.g., river rock) is a design option as wellalso strongly encouraged. The reflectivity of exposed surfaces (walls, roofs, windows, frames, and paved surfaces) shall be mitigated with the incorporation of by overhangs, trellises, planting, and similar features.

56. Exterior lighting shall be located and shielded so as to not impact adjacent property owners in terms of glare and privacy in compliance with Section 16.18.100 (Lighting).

E. Walls and Fences.

TABLE 16.24-2
RETAINING WALLS – DESIGNATED HILLSIDE OVERLAY
AREAS
Criteria
Up to Three Feet Within Front or
Street-Side Setback
Walls within the required front
yard or street-side setback shall
not exceed three feet in height,
shall be separated by a
minimum of three feet, and shall
incorporate landscaping to
screen the wall(s).

Line-of-Sight Locations/Visibility
Triangles
For any required line–of–sight
locations, or visibility triangles, a
maximum of thirty inches in
height shall be permitted.

Up to Six Feet. Where multiple terraced
retaining walls are designed to
retain larger slopes, they shall
not exceed six feet in height.

Refer to Figure 16.24-2.

Over Six Feet Prohibited
Over Six Feet and as Part of
Structure.

Walls that are an integral part of
the primary structure may
exceed six feet in height;
however, their visual impact
shall be mitigated through
contour grading and landscape
treatment. Refer to Figure

16.24-3.

Required Offset At six feet in height, a retaining
wall shall be separated by a
minimum of six feet horizontally.

Refer to Figure 16.24-2.

Design Criteria Refer to Section 16.22.070.F
(Retaining Walls).

60

Page 41 of 70 ends

1. Retaining walls, not exceeding six feet in height, may be allowed to reduce grading, preserve natural features, or increase soil stabilization. Within the required front yard setback, individual retaining walls shall not exceed three feet in height.

2. Where multiple (terraced) walls are designed to retain larger slopes they shall not exceed six feet in height and shall be separated by a minimum of six feet horizontally. A maximum of two walls shall be placed together. Walls within the required front yard setback shall not exceed three feet in height and shall be separated by a minimum of three feet and shall incorporate landscaping to screen the wall(s).

FIGURE 3-716.24-2

HEIGHT OF RETAINING WALLS

61

Page 42 of 70 ends

3. Walls that are an integral part of the primary structure may exceed six feet in height; however, their visual impact shall be mitigated through contour grading and landscape treatment.

FIGURE 3-816.24-3

RETAINING WALL AS PART OF PRIMARY STRUCTURE

14. Refer to Section 16.22.070.F (Retaining Walls) for additional criteria.Crib walls may be approved on a case by case basis if it can be demonstrated that excessive height is not being created and provisions for extensive landscaping are incorporated.

5. Walls and fences shall incorporate materials and colors used in an adjacent structures.

Naturally occur-ring materials (e.g., river rock, flagstone, etc.) shall be used whenever possible.

62

Page 43 of 70 ends

6. Walls and fencing visible from the public right-of-way shall be designed to incorporate visual interest through variation in placement, use of planters, differing materials, and modulation of the wall plane.

7. Walls and fences shall follow landform grading shapes and contours.

F. E. Landscaping. Revegetation in hillside areas shall reflect the visual patterns found naturally in local canyons and valleys. The landscaping as viewed from urban areas and arterial roadway system shall mask and screen man-made structures.

1 . Indigenous, or naturalized plants that blend naturally with the landscape shall be utilized in areas where planting is required. Plant selections shall be deep-rooting, drought tolerant, and fire resistive.

2. Natural landform planting shall be used to soften manufactured slopes, reduce the impact of development on steep slopes or ridgelines. and provide erosion control. These landscape techniques shall serve to reintroduce landscape patterns that occur naturally in the hillsides.

63

Page 44 of 70 ends

FIGURE 16.24-4

NATURAL LANDFORM PLANTING

3. A "vegetative backdrop" shall be maintained by replanting with native trees or the same vegetation that was removed. The vegetation should screen structures to the extent possible at maturity and preserve the appearance of the natural skyline.

3. A "vegetative backdrop" shall be maintained by replanting the site with native trees and/or providing the same vegetation that was removed consistent with City landscaping standards. As demonstrated on the project plans, the proposed vegetation shall be sized and 64

Page 45 of 70 ends

spaced appropriately to screen structures for growth of the species at maturity and to preserve the appearance of the natural skyline.

4. The surface of graded or disturbed slopes with three feet or greater vertical height shall be protected against damage by erosion through the planting of deep rooted ground cover as demonstrated on the project plans. Slopes exceeding eight feet in vertical height shall be planted with ground cover and a combination ofof shrubs and trees that have a high "root-to- shoot" ratio. The size of shrubs and trees shall be determined based on the individual project area as deemed appropriate by the department and/or commissionPlanning Commission.

5. Jute mesh or an equivalent shall be required when planting occurs between August fifteenth and April fifteenth, and when determined, as necessary, by a soils engineer and/or licensed landscape architect. Jute mesh shall be used in combination with required plantings, as outlined in the Slope Landscaping guidelines available on the City of Murrieta website for optimal long-term slope stabilization.

6. Indigenous, native vegetation shall be retained and supplemented within canyons and along natural drainage courses where grading does not occur, provided that it conforms with fuel modification and tire prevention plans.

7. Common open areas and front and side yards adjacent to a street shall be adequately landscaped and irrigated. The areas shall be provided with native plant materials that blend with the natural character of the surrounding landscape.

7. Common open areas and front and side yards adjacent to a street shall be landscaped and irrigated consistent with City landscaping and fire protection standards. These areas shall be provided with native plant materials that blend with the natural character of the surrounding landscape.

8. In order to protect slopes from soil erosion and slippage and to facilitate revegetation, an automatic irrigation system shall be installed on slopes with planting. Design and operation of the irrigation system shall respect the special conditions that exist in hillside situations specific to maintaining slope stabilization and integrity. In all cases, the emphasis shall be toward using plant materials that may eventually not need to be irrigated: therefore, temporary irrigation systems may be used as approved by the city's landscape architect and city engineer. Water and energy conservation techniques shall be utilized (e.g., drip irrigation, alluvial rockscape, etc.) Where irrigation systems are installed above ground, ultraviolet light resistant. brown line or other approved color, shall be used.

8. In order to protect slopes from soil erosion and failure, and to facilitate revegetation, an automatic irrigation system shall be installed on slopes with planting. Design and operation of the irrigation system shall respect the special conditions that exist in hillside situations specific to maintaining slope stabilization and integrity. In all cases, the emphasis shall be toward using plant materials that may eventually not need to be irrigated: therefore, temporary irrigation systems may be used as approved by the city’s landscape architect and city engineer.

Water and energy conservation techniques shall be utilized (e.g., drip irrigation, alluvial rockscape, etc.) Where irrigation systems are installed above ground, ultraviolet light resistant, brown line or other approved color, shall be used.

65

Page 46 of 70 ends

9. A permanent fuel modification area shall be required around development projects that are adjacent or exposed to hazardous fire areas for the purpose of fire protection. The fuel modification area shall be maintained by its owners, a homeowners' association, or other public nonprofit agency or conveyed in a public easement. Adequate provisions shall be made for the continual maintenance of these areas and the fire chief may require brush, vegetation, or debris to be removed and cleared consistent with the provisions of Chapter 8.32 of the municipal code.

Where feasible, fuel modification areas shall be designated as common open space rather than private open space. The recommended width of the fuel modification area shall be based on applicable building and fire codes and the recommendations of the fire chief with consideration given to:

a. A worst-case Santa Ana wind condition;
b. The natural ungraded slope of the land within the project and in the areas adjacent to the project;
c. Fuel loading:
d. Access to the project by fire suppression equipment. and access directly to the fuel modified area, and egress out of the project in case of evacuation; e. The on-site availability of water that can be used for fire fighting purposes with regard to fire flows, water pressure, and duration:
f. "Built-in" fire protection within structures (i.e., sprinklers etc.); g. Soil erosion and sediment control measures; and
h. The fire department fuel modification policy document.

10. Fuel modification areas shall also incorporate soil erosion and sediment control measures to alleviate permanent scarring and accelerated erosion.

9. A permanent fuel modification area shall be required around projects that are located within high or very-high fire severity zone, adjacent to a high or very-high fire severity zone, or exposed to hazardous fire areas for the purpose of fire protection. The fuel modification area shall be maintained by its owners, a homeowners' association, or other public nonprofit agency, or conveyed within a public easement. Adequate provisions shall be made for the continual maintenance of these areas and the fire code official may require brush, vegetation, combustible item(s), or debris to be removed, cleared, and maintained, consistent with the provisions of Chapter 8.32 of the Municipal Code. Where feasible, fuel modification areas shall be designated as common open space rather than private open space. The recommended width of the fuel modification area shall be based on applicable building and fire codes and the recommendations of the fire code official with consideration given to:

a. A worst-case Santa Ana wind condition;

b. The natural ungraded slope of the land within the project and in the areas adjacent to the project;

c. Fuel load;

d. All weather access to the project by fire suppression equipment and personnel, access directly to the fuel modified area, and egress out of the project area in case of evacuation;

66

Page 47 of 70 ends

e. The on-site availability of water that can be used for firefighting purposes with regard to fire flows, water pressure, and duration;

f. "Built-in" fire protection within structures (i.e., sprinklers etc.);

g. Soil erosion and sediment control measures;

h. The fire department fuel modification policy and the Wild Urban Interface Undesirable Plants & Trees list;

i. Fuel modification zones for landscaping as outlined by the California Department of Forestry and Fire Protection.

10. Fuel modification areas shall also incorporate soil erosion and sediment control measures to alleviate permanent scarring and accelerated erosion.

G. Grading.

1. GradingGrading shall not take place on natural slopesslopes that exceed fifty (50) percent.

2. SlopesSlopes created by gradinggrading of the site shall not exceed fifty (50) percent or 2:1., withoutSlopes exceeding 2:1, but less than, or equal to 1.5:1, may be considered upon additional analysis by a licensed geotechnical engineer. a soils report and stabilization study indicating a greater permissible slope. SlopesSlopes shall not exceed thirty (30) feet in height between terraces or benches, except that the Planning Ccommission may permit slopesslopes exceeding these dimensions where the slopesslopes will result in a natural appearance and will not create geological or erosionerosion hazards. The soils report and stabilization study shall will be subject to third party review prior to approval by the cityCity. Refer to the hillside development guidelines (16.24.070) for methods to accomplish this standard.

3. Structures shall not visually impair ridgeline silhouettes. Structures are not permitted closer to a prominent ridge than fifty (50) feet measured vertically on a cross-section or one hundred fifty (150) feet horizontally on a topographic map. whichever is more restrictive.

Exceptions to this requirement for public facilities. utilities. and infrastructure necessary to serve the public health, safety, and welfare may be considered by the commission

3. In order to help address visual impacts at Prominent Ridgelines, use of the combination of natural occurring vegetation (trees/shrubs) and proposed landscaping shall be implemented to screen proposed structures at these locations. Additionally, any required Fuel Modification Zone and California Fire Code standards shall be considered in the design of this screening method blending with the terrain and existing vegetation.

4. ClearingClearing and/ or grubbing, excavation, orand other earth disturbances shall not be permittedinitated on hillside areashillside areas prior to the issuance of a gradinggrading permit,. with the exception of county/state authorized soils remediation operations, drill holes, and exploratory trenches for the collection of geologic and soil data or for weed abatement activities. Trenches are to be properly backfilled and in addition, erosionerosion treatment provided where slopesslopes exceed twenty-five (25) percent.

67

Page 48 of 70 ends

5. Manufactured cutcut and fillfill slopesslopes exceeding ten feet in height which willwould be either exposed to public view, or are adjacent to environmentally sensitive areas, shall be landformlandform or contourcontour graded, where physically feasible, so that their ultimate appearance will resemble a natural slope. This will include slopesslopes alongadjacent to streets and highways, slopesslopes, adjacent to parks, schools, open spaces, and other public facilities and other prominent slopesslopes. Refer to the hillside development guidelines (16.24.070) for methods to accomplish this standard.

6. LandformLandform gradinggrading shall be used where zero to twenty-five (0-25) percent (nonhillsidenon-hillside) slopesslopes intersect with twenty-five to fifty (25-50) percent (hillside) slopesslopes. Proper transitioning from manufactured slopesslopes created by conventionalconventional gradinggrading methods to natural slopesslopes shall be achieved gradually and naturally through the use of radii or irregular curvilinear shapes that will blend into the adjoining topography tangentially and not create abrupt changes.

7. FillFill slopesslopes shall not be placed perpendicular across a canyon. Straight line cutcut ofF fillfill slopesslopes shall not be made to appear like a dam. The terminus of the fillfill shall, instead, be concave in shape to restore the can-yoncanyon appearance. This concave configuration shall be in combination with the use of substantially flatter slope ratiosslope ratios (4:1, 3.5:1, 3:1I ) at or near the center of this indentation. Symmetrical or unsymmetrical con- cave configurations shall be used depending upon the adjoining or underlying topographic characteristics.

8. Minimal radius rounding at the edges of cutcut and fillfill slopesslopes is not an acceptable method. ProperTtransitioning from manufactured slopesslopes to natural slopesslopes shall be achieved gradually and naturally through the use of radii or irregular curvilinear shapes that will blend into the adjoining topography tangentially and not create abrupt changes.

9. In the planning, design, and development of public utilities and infrastructure, every reasonable effort as demonstrated shall be made to minimize gradinggrading impacts and incorporates a design that followsharmonize with the natural contourscontours and character of the land.

10. Side yard slopesslopes and low (less than twenty (20) feet in height) rear yard slopesslopes (less than twenty (20) feet in height) whose view is blocked by future structures need not have landform design applied.

11. GradingGrading shall be phased so that prompt revegetation or construction will control erosionerosion. Where possible,. only those areas that will be built on, resurfaced, or landscaped shall be disturbed. Top soil shall be stockpiled during the rough gradinggrading phase and usedutilized on padspads or revegetated habitat areas, upon the recommendation of the soils engineer. Refer to the hillside development guidelines for methods to accomplish this standard.

12. Applicable requirements of the cityCity and state shall be complied with in conjunction with the latest a National Pollution Discharge Elimination System (NPDES) permit prior to the issuance of a gradinggrading permit. This , which may include, but is not limited to, a Grading Plan, an ErosionErosion Control Plan, Best Management Plan (During Construction and Post- Construction Phases), (including Notice of Intent to be filed with the state Water Resources Control Board) and Construction Monitoring Program.
68

Page 49 of 70 ends

H. Drainage.

1. Debris basins, energy dissipating devices, and down drains shall be provided, where necessary, to reduce erosionerosion when gradinggrading is undertaken in the hillside areashillside areas. Natural drainage courses shouldshall be retained where health and safety can be maintainedare not jeopardized. Drainage courses retained in a natural state shall be protected from gradinggrading activity. In instances where a crossing is required,. a natural crossing and bank protection shall be a preferreddesign option over steel and concrete systems.

Where drainage structures are required, they shall be naturalized with coloration, plant materials, native rocks and/or concealment with gradinggrading techniques.

2. Drainage channels, slope drainage devices, interceptor drains, and terrace drains shouldshall be placed in less visible locations as demonstrated on the project plans and evaluated for erosion. Down drains shall be hidden in swales diagonally or curvilinear across a slope face. In this manner they will be built into the overall landform of the slope. They shouldshall also receive a naturalizing treatment, which may include native rock, colored concrete, and/or landscaping so that the structure appears as an integral part of the environment. In all cases, a concrete liner shall be used in addition to a naturalizing treatment as demonstrated on the project plans and evaluated for erosion.

69

Page 50 of 70 ends

FIGURE 16.24-5

NATURALIZED VERSUS CONVENTIONAL LANDFORMING

3. Cross lot drainage usage shall be minimized. In situations where this is not possible using conventional design,. optional techniques (e.g., single loaded streets, reduced densities, etc.) shall be considered. Use of cross lot drainage may be considered only after demonstrationdemonstrating that this method will not adversely affect the proposed lots or adjacent properties, and that it is absolutely required in order to minimize the amount of gradinggrading which would result with conventional drainage practices.

4. Where cross lot drainage is utilized, the following shall apply:

a. Project Interiors. One lot may drain across one other lot if a maintenance easement is provided within either an improved, open “V”-swale gutter which has a naturalized appearance, or within a closed drainage pipe that shall be a minimum twelve (12) inches in diameter. This drainage shall be conveyed to either to a public street or to a drainage easement.

If drainage is conveyed to a private easement, it shall be maintained by its owners or a Homeowners' Association; otherwise,. the drain-agedrainage shall be conveyed to a public easement. The easement width shall be determined on an individual basis and shall be dependent on appropriate hydrologic studies and access requirements. Irrigation lines shall be placed above swales to minimize the impacts in the event of a system failure. When irrigation lines cross an open “V”-swale they shall be placed into a galvanized pipe, which is to be clamped to the soil on both sides of the swale subject to the review of the City Engineerdirector or designee.

b. Project Boundaries. On-site drainage shall be conveyed in an improved open “V”- swale gutter, which has a naturalized appearance, or within an underground pipe in either a private drainage easement, that is to be maintained by its owners or a homeowners' association, or it shall be conveyed in a public easement. The easement width shall be a minimum oftenof ten feet. A greater width may be determined necessary on an individual basis and shall be dependent on appropriate hydrologic studies and access requirements.

70

Page 51 of 70 ends

I. Public Safety.

1. Residential developments shall be constructed in a manner so as to reduce the potential for spread of brushfireswildfires as follows:

a. In the case of a conflict where more restrictive provisions are contained in the adopted and/or locally adopted versions of the California Building Code,uniform building code or in the California Fire Codeuniform fire code, the more restrictive provisions shall apply.

b. Roofs shall be covered with noncombustible materials (e.g., clay tile, concrete shake, tile, or similar materials). Open ends shall be stopped in order to prevent bird nests, or other combustible material, lodging within the roof and to prevent entry of flames.

c. Exterior walls and fences shall be surfaced with noncombustible or flame resistive materials. Alternate surface materials may be approved subject to the approval of the fire code officialchief and bBuilding oOfficial. Except as otherwise provided herein, exterior walls shall extend to the ground.

d. Balconies,. patio roofs, eaves and other similar overhangs shall be of noncombustible or flame resistive materials.

e. Plastic webbing, split or whole bamboo, reed or straw-like materials, corrugated plastic or fiberglass materials, and similar flammable materials are not permitted for use on patio covers.

f. Vents for attics and underfloor areas shall be designed and located to minimize the likelihood of spreading of fire.

g. Chimneys shall be provided with approved spark arresters.

2. Adequate water supply and pressure for proposed development shall be required in compliance with the adopted California Fire Codedepartment Standards.

3. The fire code officialchief shall require brush, vegetation, or combustible debris to be removed and cleared within ten feet on each side of every roadway and access drive, and may enter upon private property to do so. This requirement shall not apply to single specimens of trees, ornamental shrubbery, or cultivated groundcover provided they do not form a means of readily transmitting fire.

4. If the fire code officialchief determines in a specific case that difficult terrain, danger of erosionerosion, or other unusual circumstances make strict compliance with the clearance of vegetation undesirable or impractical, he or she may suspend enforcement thereof and require reasonable alternative measures designed to advance the purposes of this chapter.

5. Site design shall provide for all-weather equipment access to publicly maintained slope areas for maintenance and emergency purposes. Secondary access shall be provided, or a reasonable alternative method may be considered by the fire code official to ensure public safety.

6. Structures and facilities shall be restricted in geologically hazardous areas.

71

Page 52 of 70 ends

7. Special construction features shall be required in the design of structures where site investigations con-firmconfirm potential geologic hazards.

8. Development not on public sewers shall be permitted only after site specific investigations have been conducted that demonstrate the soils are suitable for on-site wastewater disposal and the disposal of wastewater will not degrade the subsurface water quality.

9. Due to the hazard associated with saturated soils in areas of steep slopesslopes, irrigation systems in critical areas that have the potential for failure in the judgement of the city engineerCity Engineer or designee shall be required to be equipped with potentiometers to make sure that the systems will not operate when there is sufficient moisture in the soil.

16.24.070 Hillside Development Guidelines.

The hillside development guidelines are intended to illustrate and amplify the appropriate development concepts for designated hillside areasHillside Areas. The guidelines are not intended to be an exhaustive list of standards, but rather policy statements, to encourage development that is sensitive to the unique characteristics common to hillside properties. The guidelines allow for flexibility and they encourage creativity, especially where a specific plan is prepared. HoweverHow-ever, the objective development standards provided in Section 16.24.060 shall be considered as a "benchmark" against which hillside development proposals will be reviewed for compliance with the purposes of this chapter.

The guideline's purpose is to allow for innovative or alternate methods of design in hillside areaHillside Areas. Innovation is encouraged as long as the end result is one that respects the natural character of the hillside and is consistent with the purposes of this chapter and the goals, objectives and policies of the City’s Ggeneral Pplan.

Conformance with the guidelines willshall be incorporated in the preparation and approval of subdivisions and individual site developments. During the application review process, the cityCity will evaluate the consistency of the proposal with the purposes of this chapter. Prior to the start of the design effort, it is recommended that the project design team members read the City’s Ggeneral Pplan and become familiar with its policies.

A. Site Design.

1. Design of building sites shouldshall be sensitive to the natural terrain. Structures shouldshall be located in a way that minimizes gradinggrading and preserves natural features (e.g., prominent knolls, ridgelines, etc.)
72

Page 53 of 70 ends

2. Preserve views of significant visual features. See Section 16.24.110 “Prominent Ridgelines Map.”,the hillside overlay zone map as seen from both within and outside a hillside development. When designing lots and plotting homes, the following provisions should be considered:

a. Dwellings should be oriented to allow view opportunities. even though views may be limited. Residential privacy should not be unreasonably sacrificed; and

b. A significant public vista, skyline, open space corridor, or vertical open space corridor as seen from an interstate, an arterial, or a secondary street should be a major design element in the site planning process.

3. Where possible, graded areas should be designed with manufactured slopes located on the uphill side of structures.

73

Page 54 of 70 ends

FIGURE 16.24-6
EXHIBIT 2 - BUILDING PLACEMENT AT A SITE

4. To the extent possible,. the width of a building, measured in the direction of the slope, shouldshall be minimized in order to limit the amount of cutting and tilling and to better "fit" the house to the natural terrain. The degree of slope will dictate how this is accomplished and shall be demonstrated on the project plans (See Figure 16.24-6 “Exhibit 3 - Building Placement at a Site.”
74

Page 55 of 70 ends

FIGURE 16.24-6
EXHIBIT 3 - BUILDING PLACEMENT AT A SITE

5. Clustering of development is encouraged. in hillside areas regardless of size. This is particularly important in environmentally sensitive areas in order to reduce the potential for tire hazard, erosion and excess runoff, and to preserve existing natural features and open space.

B. Driveways and Roadways.

1. Driveways that serve more than one parcel are encouraged as a method of reducing unnecessary gradinggrading, paving, and site disturbance. 75

Page 56 of 70 ends

FIGURE 16.24-7

ROADWAY PLACEMENT AT A SITE

C. Architecture.

76

Page 57 of 70 ends

1. The form, mass, and profile of the individual buildings and architectural features shallshould be designed to blend with the natural terrain and preserve the character and profile of the natural slope. Techniques that should be considered to accomplish this include:

a. Detaching the garage from the residence;:

b. Integrating retaining walls into garage walls on sloping lots to reduce gradinggrading and minimize visibility of walls;: and

c. Including architectural enrichments and variations in roof massing. Roofs should haveshall incorporate low profiles (for example 3:12 slope) to minimize their visual impact. On sloping land, the roof pitch shouldshall follow the slope of the hill-side, instead of being perpendicular to the hillside or opposing hillside slope. Care should be taken to avoid the use of gabled ends on downhill elevations.Gabled ends shall not be used on downhill elevations.

Upper stories shouldshall not be cantilevered out of the opposite direction of the hillside slope.

2. The design of the structure shouldshall give consideration to the lot's size and configuration in order to avoid the appearance of overbuildingbuilding scale and to minimize the blocking of views as demonstrated on the project plans. For example, within a development, the majority of the units should not be designed with minimum setback to minimum setback. See additional criteria as provided under Section 16.08.030 “Single-family Residential Design Standards and Design Features” and Section 16.08.040 “Multi-family Residential Design Standards”.

3. Large expanses of a single material on walls, roofs, or paving areas should be avoided.

Create interesting, small scale patterns by breaking up building mass, varying building materials, and through design and placement of windows and doors. Building plans and elevations should be varied throughout a development to avoid a monotonous "cookie-cutter" look.

D. Walls and Fences.

1. Walls and fences can be used to define a sense of place and create an attractive appearance. However, walls should not dominate a view, and their height should be limited adjacent to a street or trail or within a rear yard. Extensive landscaping should be used to 77

Page 58 of 70 ends

reduce the visual impact of walls. In addition, street front walls should incorporate varying design and natural materials. The use of open view fencing is encouraged, so long as adequate public safety and residential privacy are maintained.

1. In Hillside Areas with slopes greater than 25 percent and in order to maximize view opportunities, fencing on sloped areas shall incorporate the use wrought-iron, tubular steel, plexi-glass (for noise attenuation or aesthetics), or similar materials consistent with the maximum height criteria as provided under Section 16.22 “Fences, Hedges, and Walls.” Masonry walls may be provided at locations that contain refuse and recycling enclosures, playgrounds, or similar.

2. When possible, walls and fences shouldshall be designed as an integral part of the building in order to minimize the visual impact on surrounding areas.

3. Visually obtrusive solid fencing should be avoided in highly visible areas (unless required for sound attenuation), with the preference being for open (wrought iron) fencing.

E. Landscaping.

1. Street trees shouldshall be provided in select areas to enhance the natural character of the areas and to create a more rural appearance. Street tree species selection, and spacing of trees, shouldshall be sensitive to the context in which they are planted. Species selection shall be considered to minimize potential impacts to infastructureshould also be respectful of potential impact on infra-structure improvements (i.e. root damage to streets, sidewalks, etc.).

2. SlopesSlopes shouldshall be designed with informal clusters of trees and shrubs to soften and vary the slope planes, consistent with landformlandform gradinggrading concepts.

78

Page 59 of 70 ends

FIGURE 16.24-8

BUILDING ENVELOPE ON SLOPE
F. Grading.

There are three distinct types of gradinggrading proposed in these guidelines, each with a unique quality, and each with an individual and appropriate application as determined by the City Engineer or designee. Larger sites will most likely incorporate all three concepts in various parts of the plan.

1. Minimal Grading. This is typically used for large lot single family homes, custom homes with variable foundations that conform to the existing slopesslopes, and other uses that utilize 79

Page 60 of 70 ends

the least amount of gradinggrading in order to get the facility and structures built. This technique embraces the following concepts:

a. GradingGrading shouldshall be limited to individual flat graded pad areas for residential building sites. GradingGrading shouldshall be limited to only the required building areas and adjacent outdoor amenities in steep hillside areashillside areas;

b. Foundation systems that require little or no gradinggrading are encouraged, forcing the architecture to con-formconform to the land rather than the land to conform to the dwelling:

c. Roadways, driveways, and individual building pads should be designed to conform with the contours and to attempt to daylight in the center of the road or building pad to ensure a minimum cut and fill situation; and

c. Cut and fill lines delineating the grading activity whereby cut areas adjoin next to fill areas shall be situated outside of areas where differential settlement is not desirable (e.g., roadways, building pads, driveways, etc.).

d. The balancing of gradinggrading is the concept to minimizes the amountvolume of cubic yards of earth excavated and filled.

2. Contour Grading. This concept results in post-development landforms that exhibit many of the characteristics present within natural landforms. ContourContour gradinggrading is typically used in situations where conventional, terraced, gradinggrading with benches and slopesslopes might be used but a "softened" gradinggrading look is desired. This would be desirable for areas that are limited in public view (i.e. concealed rear yards). Typically, contourcontour gradinggrading can reduce required cutcut and fillfill volumes as compared with traditional, terraced, gradinggrading. The design elements associated with this type of gradinggrading include: (See Figure 3-916.24-9 “Contour Grading”)

a. The use of horizontal and vertical curve variations for slope banks creating a curvilinear pattern;

b. Post-development landforms that exhibit natural terrain characteristics (without the heavy modeling effects of landformlandform gradinggrading);

c. A general rounding of slopesslopes at slope intersections and transition zones with natural grade;

d. PadPad configurations that are curvilinear; and

e. SlopesSlopes that are designed with contourcontour gradinggrading techniques (e.g., the location of slopesslopes behind structure (not in side yards), slopesslopes in hidden locations, or slopesslopes less than ten feet in height).

FIGURE 3-9

CONTOUR GRADING
80

Page 61 of 70 ends

FIGURE 16.24-9

CONTOUR GRADING

81

Page 62 of 70 ends

FIGURE 3-10

LANDFORM GRADING

FIGURE 16.24-10

LANDFORM GRADING

3. Landform Grading. Graded slopesslopes in this category will replicate the irregular shapes of natural slopesslopes. LandformLandform gradinggrading techniques shouldshall be used whenever slopesslopes are created that will be open to public view. This is particularly true for slopes that exceed ten feet in height.

The intent of these gradinggrading guidelines, is to incorporate the basic principles of the landformlandform gradinggrading concept as the preferred method in the design and construction of hillside development projects. so that they w ill be in harmony with the natural 82

Page 63 of 70 ends

topography and reflect natural plant distribution patterns. (See Figure 3-1016.24-10 (Landform Grading))

LandformLandform gradinggrading techniques embraceshall incorporate the following conceptsfeatures:

a. Land plans shouldshall flow with the natural topography rather than against it. This means that street pat-ternspatterns and building padpad configurations shall follow the underlying topographic features rather than cutting across them:;

b. Landform graded slopesslopes are characterized by a continuous series of concave and convex forms interspersed with mounds that blend into profiles with varying slope gradients and with significant transition zones between man-mademan-made and natural slopesslopes;

c. Pad configurations are irregular. Slope down-draindrainage devices shall either be placed to follow the natural topographic lines of the slopesslopes, or shall be are tucked awaylocated in special Sswale and berm combinations in order to conceal the drains from view.

Exposed segments in visible areas, as determined by the City Engineer, shall beare treated with natural rock for a more aesthetically pleasing appearance;

d. TheThis technique shouldshall be used wherever possible to provide for a variety of both slope percentage, slope direction, and topographical detailing in a three-dimensional, undulating. pattern similar to existing terrain:; and

e. Manufactured cutcut and fillfill slopesslopes exceedingin excess of ten feet in height that will be either exposed to permanent public view, or are adjacent to environmentally sensitive areas, shouldshall be designed with features characteristic ofof natural slopesslopes., This design shall be implemented,where physically feasible as determined by the City Engineer, so that theirthe ultimate appearance will resemble a natural slope. This will includeis applicable to, but not limited to, slopesslopes along streets, and highways, adjacent to parks, schools, open spaces,. other public facilities, and other prominent and visible slopesslopes.

4. The following basic gradinggrading guidelines and techniques serve to implement preferred landformlandform gradinggrading techniques and to help avoid unnecessaryeliminate or minimize cutcut and fillfill:

a. CutsCuts. When convex shaped natural features. (e.g., protruding minor landforms) are cutcut, the residual landform shouldshall be in a form to maintain positive and resemble the original slope. not be a flat slope face, but rather should be restored to resemble the original.

This will require more than just rounding at the edges but, in effect, reconfiguring it so the final result will give the appearance of a protruding ridgeline.

b. Use of variable slope ratiosslope ratios. Because Landform grading designs require the use of variable slope ratios at greater than 2:1 and may create valleys or concave indentations on building pad areas, they may result in loss of usable area. In addition, engineering and construction costs may increase. Be-cause of this, segments of a cut or fill slopes may be designed with variable slope ratios less than 2:1, but not less than 1.5: I within the following guidelines and subject to third party review at the applicant's expense: Because landform grading designs require the use of variable slope ratios, this may result in loss of usable area near building pads. Therefore, only cut slopes may be steeper than 2:1, but not steeper than 1.5:1 and shall meet the following guidelines:
83

Page 64 of 70 ends

1) A geotechnical engineer shall certify that slopesslopes will meet standard stability requirements;
2) A licensed landscape architect shall certify the plantability of the slopes, with an emphasis on the slopes steeper than 2:1; and
32) The overall ratio from top to toe will be 2:1 or flatter; and 43) Ratios flatter than 2:1 will also be used in the slope design.

c. GradingGrading operations should be plannedshall occur to avoid the rainy season, October fifteenth (15th) to April fifteenth (15thI 5th). GradingGrading permits shall only be issued when a plan for erosionerosion control and silt retentionsediment control has been approved by the cityCity without regard to time of year. Additionally, those projects also requiring a Storm Water Pollution Prevention Plan (SWPPP) shall obtain approval of the SWPPP prior to any grading permit issuance.

d. A rRounded and smooth transitions should be madeshall occur where when the planes of man-mademan-made and natural slopesslopes intersect. Where cutcut or fillfill conditions are created, slopesslopes shouldshall be varied. rather than left at a constant angle or create an unnatural, rigid, `'engineered" appearance.The angle of a graded slopeslope shouldshall be gradually adjusted to the angle of the natural terrain.

e. Manufactured slopesslopes adjacent to roadways shall be consistent with the landformlandform gradinggrading and revegetation techniques. where physically feasible to create visually interesting and pleasing streetscapes. The higher the slope becomes, the more important the modeling effect of landform grading becomes.

f. Top of slope berms shall be used to eliminate the possibility of drainage sheet flow over the slope that would potentially cause an unstable condition. Tops of slopes should be rounded in conformance with landform grading techniques, or increased in size to reduce the visual impact of the back of a home.

f. Slopes shall implement drainage measures as detailed within Sub-article 11 of the City of Murrieta Grading Manual.

G.G. Drainage.

1. Natural drainage courses shallshould be preserved and enhanced to the extent possiblemaximum extent practicable. Rather than filling them in, drainage features should be incorporated as an integral part of the project design in order to enhance the overall quality and aesthetics of a site, to provide attractive open space vistas, and to preserve the natural character of the site. Encourage the use of natural drainage courses as natural boundaries between neighborhoods.Rather than eliminate existing natural drainage features and courses, preservation of existing natural drainage features and courses is encouraged. Moreover, the National Pollutant Discharge Elimination System (NPDES) Permit requires this of all projects, to the maximum extent practicable.

2. Storm drainage runoff resulting from project development should be minimized. Where possible, flood control plans for storm water should encourage the detention of water for percolation in to the ground-water to conserve it for future uses and to mitigate downstream flooding.The NPDES Permit also requires project’s stormwater runoff to be retained onsite via infiltration to the maximum extent practicable under California law. Runoff not retained onsite 84

Page 65 of 70 ends

shall be conveyed offsite per general standards and practices, to the satisfaction of the City Engineer.

16.24.080 Exceptions.

A. No Grading Permit Required. A grading permit is not required if the project meets the criteria as provided under Section 15.52.040 (Permit Exceptions). Additionally, flatwork, pools, or spas, which results in the disturbance of 50 cubic yards or less, does not require a grading permit. For the purpose of this section, flatwork is hardscaping (such as concrete or pavers) for patios, walkways, etc. All other activities resulting in the disturbance of 50 cubic yards or less (excluding those areas that are identified within Section 16.24.060(G) (Grading)), shall require the applicant to provide a statement to that effect, which shall be filed with the City Engineer including the following information: parcel boundaries, pad elevations, on or off-site existing grade elevations, vehicular access to and from the project site with both private and public roadways, existing utilities, and, if applicable, septic system location(s). The plan may be prepared on a topographic map drawn at a scale as large as one (1) inch to one-hundred (100) feet subject to the satisfaction of City Engineer.

B. Residential Accessory Structures and Accessory Dwelling Units. This Chapter shall not apply to development of residential accessory structures and accessory dwelling units on parcels with existing development approvals when the new construction:

1. Requires the removal of no more than 50 cubic yards of soil;

2. Does not require the use of a retaining wall;

3. Meets the criteria as described within Section 16.44.150 (Residential Accessory Uses and Structures) and Section 16.44.160 (Accessory Dwelling Units); and, 4 . Satisfies the criteria as identified within Section 16.24.060(G).

85

Page 66 of 70 ends

16.24.090 (Reserved).

Reserved for future updates

86

Page 67 of 70 ends

16.24.100 Hillside Overlay Map.

A. Refer to the City’s online Geographic Information System (GIS) as an additional mapping resource for project review.

87

Page 68 of 70 ends

16.24.110 Prominent Ridgelines Map.

A. Refer to the City’s online Geographic Information System (GIS) as an additional mapping resource for project review.”

88

Page 69 of 70 ends

Section 16.28.080 (Landscaping Standards) is hereby amended in its entirety to read as follows:

“16.28.080 Landscape Standards.

Landscape areas and materials shall be designed, installed, and maintained in compliance with the following:

A. General Design Standards. The following features shall be incorporated into the design of the proposed landscape and shown on required landscape plans:

1. Landscaping shall be planned as an integral part of the overall project design and not simply located in excess space after parking areas and structures have been planned;

2. Pedestrian access to sidewalks and structures shall be considered in the design of all landscaped areas;

3. Landscape planting shall be provided for all adjacent public rights-of-way, in compliance with Chapter 16.108 (Improvements);

4. With the exception of single-family residential units, landscape adjacent to driveways and parking areas shall be protected from vehicle damage through the provision of minimum six (6) inch high concrete curbs or other types of barriers as approved by the director;

5. Landscaped areas shall not be less than five (5) feet in width, except where determined by the director;

6. Concrete strips, a minimum of four (4) inches in width, shall be provided to separate all turf areas from other landscaped areas, except for single-family residential landscape projects;

7. Permeable surfaces shall be used wherever permissible in place of impervious paving, to encourage on-site water infiltration and support water conservation measures. Permeable surfaces shall be identified on plans; and

8. Protective tree grates shall be provided for trees planted in pedestrian areas, except for single-family residential landscape projects and as determined by the director.

B. Plant Materials. Plant materials shall be selected and installed to comply with the following requirements:

1. A mix of plant materials shall be provided in compliance with the following table (Table 3- 516.28-2). Calculations documenting the required mix shall be shown on the landscape plan;

Table 3-5TABLE 16.28-2

MINIMUM REQUIRED MIX OF PLANT MATERIALS
Plant Material Minimum Required Percentage
Trees
Twenty-four (24) inch box 35%*
Fifteen- (15)-gallon 65%
Shrubs
89

Page 70 of 70 ends

Five- (5-) gallon 70%
One- (1-) gallon (herbaceous only) with city
approval
30%
Groundcover
Coverage within two (2) years 100%
A greater percentage of specimen trees may be utilized with a corresponding reduction in the number of fifteen- (15-) gallon trees subject to the review of the director.

2. Trees for shade shall be provided for buildings/structures, as well as for parking lots and open space areas. These trees can be deciduous or evergreen and are to be incorporated to provide natural cooling opportunities for the purpose of energy and water conservation;

3. Trees shall be planted in areas of public view adjacent to and along structures, at an equivalent of at least one (1) tree per thirty (30) linear feet of structure. Other areas shall provide trees at a ratio of one (1) tree for each three hundred (300) square feet of landscaped area. The clustering of trees is encouraged;

4. Mature specimen trees in thirty-six (36) inch and forty-eight (48) inch boxes shall be provided for large projects in sufficient quantity subject to the approval of the Director, to provide variety and emphasis at main focal areas;

5. All trees shall be staked or guyed (on a case-by-case basis) subject to the review of the director and in compliance with city standards;

6. Trees and shrubs shall be planted so that at maturity they do not interfere with service lines and traffic safety sight areas;

7. Trees and shrubs shall be planted and maintained in a manner that protects the basic rights of adjacent property owners, particularly the right to solar access;

8. Trees planted near public sidewalks or curbs shall be of a species and installed in a manner that prevents physical damage to sidewalks, curbs, gutters and other public improvements; and

9. Groundcover shall be of live plant material. Limited quantities of gravel, colored rock, bark, and similar materials may be used in combination with a living groundcover.”

90 91
92 1
Tracy, Christopher
From: A Long < >
Sent: Wednesday, June 28, 2023 5:39 PM
To: Tracy, Christopher
Cc: Stiehl, Carl; Ramaiya, Jarrett
Subject: Re: Hillside Ordinance
CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.

Thank you, Chris!

On Wednesday, June 28, 2023 at 05:03:11 PM PDT, Tracy, Christopher <[email protected]> wrote:

Additionally this will be going to Council within a Workshop format next before consideration of the Ordinance.

We will add the electronic transmittal for any party as well.

Sincerely,

Chris Tracy, AICP

SENIOR PLANNER

DEVELOPMENT SERVICES DEPARTMENT

CITY OF MURRIETA
O: (951) 461-6046
[email protected]
1 Town Square | Murrieta, CA 92562
www.MurrietaCA.gov | Connect with us

From: Tracy, Christopher
Sent: Wednesday, June 28, 2023 4:57 PM
93 2
To: 'A Long' < >
Cc: Stiehl, Carl <[email protected]>; Ramaiya, Jarrett <[email protected]> Subject: RE: Hillside Ordinance

My apologies Alan. Please understand that we did send a notice to all affected properties.

Chris Tracy, AICP

SENIOR PLANNER

DEVELOPMENT SERVICES DEPARTMENT

CITY OF MURRIETA
O: (951) 461-6046
[email protected]
1 Town Square | Murrieta, CA 92562
www.MurrietaCA.gov | Connect with us

From: A Long < >
Sent: Wednesday, June 28, 2023 4:51 PM
To: Tracy, Christopher <[email protected]>
Subject: Hillside Ordinance

CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.

Good afternoon, Chris!

I was informed this afternoon that the Hillside Ordinance is on the PC agenda tonight. I did not receive any notification, as I requested.

I will try to make it, bit will not have had time to read the staff report thoroughly. 94 3

Alan
95 1
Tracy, Christopher
From: Dan Long < >
Sent: Thursday, June 29, 2023 10:39 AM
To: Tracy, Christopher; Ramaiya, Jarrett
Cc: D L; Stiehl, Carl
Subject: RE: Hillside Grading Ordinance PC Hearing 6/28/23 CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.

Thanks Chris

RANCON GROUP

DANNY LONG | Director of Development
T:

E: | RanconGroup.com
Murrieta CA 92562

By taking possession of and reviewing the information contained herein, the recipient agrees that (a) the enclosed materials and their contents are of a confidential nature and will be held and treated in the strictest confidence and shall be returned to the Rancon Group and sender promptly upon request; and (b) no portion of the enclosed materials may be copied or otherwise reproduced without the prior written authorization of Rancon Group or as otherwise provided in a formal written and executed Confidentiality and/or Registration Agreement executed and delivered by the recipient(s) to The Rancon Group.

From: Tracy, Christopher <[email protected]>
Sent: Thursday, June 29, 2023 10:24 AM
To: Dan Long < >; Ramaiya, Jarrett <[email protected]> Cc: D L < >; Stiehl, Carl <[email protected]>
Subject: RE: Hillside Grading Ordinance PC Hearing 6/28/23

It went well Danny. They did add to the recommendaƟon with respect to your concerns to the ResoluƟon. Once the video is available, I’ll send you a descripƟon of those details.

hƩp://onbase.murrietaca.gov/onbaseagendaonline

Sincerely,

Chris Tracy, AICP
SENIOR PLANNER
DEVELOPMENT SERVICES DEPARTMENT
CITY OF MURRIETA
O: (951) 461‐6046
[email protected]
1 Town Square | Murrieta, CA 92562
www.MurrietaCA.gov | Connect with us

96 2

From: Dan Long < >
Sent: Thursday, June 29, 2023 10:16 AM
To: Tracy, Christopher <[email protected]>; Ramaiya, Jarrett <[email protected]> Cc: D L < >; Stiehl, Carl <[email protected]>
Subject: RE: Hillside Grading Ordinance PC Hearing 6/28/23

CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.

Gents,
How did it go last night? How did PC recommend to move forward?

RANCON GROUP

DANNY LONG | Director of Development
T:

E: | RanconGroup.com
Murrieta CA 92562

By taking possession of and reviewing the information contained herein, the recipient agrees that (a) the enclosed materials and their contents are of a confidential nature and will be held and treated in the strictest confidence and shall be returned to the Rancon Group and sender promptly upon request; and (b) no portion of the enclosed materials may be copied or otherwise reproduced without the prior written authorization of Rancon Group or as otherwise provided in a formal written and executed Confidentiality and/or Registration Agreement executed and delivered by the recipient(s) to The Rancon Group.

From: Tracy, Christopher <[email protected]>
Sent: Wednesday, June 28, 2023 5:07 PM
To: Dan Long < >; Ramaiya, Jarrett <[email protected]> Cc: D L < >; Stiehl, Carl <[email protected]>
Subject: RE: Hillside Grading Ordinance PC Hearing 6/28/23

Hi Danny, please note that this will be going to Council within a Workshop format next before consideraƟon of the Ordinance. We will add the electronic transmiƩal of the noƟce for any party as well.

Thank you,

Chris Tracy, AICP
SENIOR PLANNER
DEVELOPMENT SERVICES DEPARTMENT
CITY OF MURRIETA
O: (951) 461‐6046
[email protected]
1 Town Square | Murrieta, CA 92562
www.MurrietaCA.gov | Connect with us

97 3
From: Dan Long < >
Sent: Wednesday, June 28, 2023 5:03 PM
To: Ramaiya, Jarrett <[email protected]>; Tracy, Christopher <[email protected]> Cc: D L < >
Subject: RE: Hillside Gradi ng Ordinance PC Hearing 6/28/23

CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.

Thank you. I appreciate that.

Ill follow up tomorrow to see how it goes.

RANCON GROUP

DANNY LONG | Director of Development
T:

E: | RanconGroup.com
Murrieta CA 92562

By taking possession of and reviewing the information contained herein, the recipient agrees that (a) the enclosed materials and their contents are of a confidential nature and will be held and treated in the strictest confidence and shall be returned to the Rancon Group and sender promptly upon request; and (b) no portion of the enclosed materials may be copied or otherwise reproduced without the prior written authorization of Rancon Group or as otherwise provided in a formal written and executed Confidentiality and/or Registration Agreement executed and delivered by the recipient(s) to The Rancon Group.

From: Ramaiya, Jarrett <[email protected]>
Sent: Wednesday, June 28, 2023 5:02 PM
To: Dan Long < >; Tracy, Christopher <[email protected]> Cc: D L < >
Subject: RE: Hillside Gradi ng Ordinance PC Hearing 6/28/23

Apologies Danny

We will have Chris read the leƩer into the record.

From: Dan Long < >
Sent: Wednesday, June 28, 2023 4:59 PM
To: Tracy, Christopher <[email protected]>; Ramaiya, Jarrett <[email protected]> Cc: D L < >; Dan Long < >
Subject: Hillsi de Grading Ordinance PC Hearing 6/28/23

CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.

Chris/JarreƩ,
Chris, Thanks for the call on such short noƟce. I literally just found out about the hearing about 30 minutes ago.

Unfortunately, due to prior commitments, I cannot make the hearing this evening.

If possible, can my leƩer below be read into the record?

98 4
My name is Dan Long, I live at   Murrieta, CA. I’m also an owner of a family owned and operated business (Heritage Hill Venues) located on top of the western Hogback ( ). I’ve been a resident of Murrieta since 1976
I also work for a local development company in the City of Murrieta, the Rancon Group, which has been operaƟng in this valley for over 51 years. This email is NOT on behalf of Rancon, this email is on behalf of Dan Long, City homeowner and local business owner/property owner.

I apologize in advance of the less than thorough leƩer, as I was informed at 3:48 PM today by a family member of tonight’s hearing and topic.

I was at the original PC hearing on this topic in December 2022 as well as the April 11, 2023 community workshop.  This proposed Ordinance directly impacts my residence and my family owned business.

I do not support a prominent ridgeline overlay exhibit or overlay. I believe this adds an addiƟonal layer of regulaƟon that is not needed. It has not been followed for many years and this feels like my properƟes are being singled out aŌer most of the city has been built. Why are we geƫng punished? Why is this suddenly an urgent maƩer to be “preserved”? What is the city trying to preserve? Who benefits from this Ordinance and overlay exhibit? If ridgelines are so special, why are we allowing buildings such as Costo, self‐storage buildings, hotels and other mulƟ‐ story buildings to be built that block views of my ridgeline and other ridgelines from areas throughout the city? If views of these ridgeline are so important, why weren’t these other developments planned to maximize view of the ridgelines? For many years I would drive up and down the 15 and 215 freeway and see my ridgeline. I beamed with pride. Today, when I drive the same freeway, I only see glimpses of the ridgeline. It’s not the same as it was when the City incorporated and included protecƟon of these hillsides and ridgelines. It’s Ɵme to move on!

I do support guidelines that allows development to occur on the ridgelines, including requirement of various roof lines, shallow roof pitches and landscaping to soŌen and buffer structures on the ridgeline. My family owns a house at that is over 4,000 square feet and 2.5 stories high. It sits on the top of the ridgeline, yet few know it exists. Why? Because of the creaƟve design of the home and landscaping around it. This is an actual example on the actual ridgeline this ordinance is targeƟng. This home is an example of how good development can be accomplished with minimal impact.

I am sƟll reviewing the staff report and the proposed revisions to the ordinance; I support simplifying how structure heights are measured.

As menƟoned above, my family and I own a significant porƟon of the western hogbacks. This property includes a growing business and has become an asset for the community. We provide a venue for the general public to come and enjoy some of the best views in the enƟre valley. By overregulaƟng what we can do in the future of this property handcuffs our ability to grow this business. This overlay is not helping the city of Murrieta grow its business base.

In summary I do not support the Prominent Ridgeline Map. I do support guidelines to facilitate development on ridgelines such as shallow roof pitches, various roof lines and landscaping to buffer and soŌen structures on the ridgeline.

This leƩer is being sent on behalf of Dan Long, City homeowner/resident and City business owner.

99 5

RANCON GROUP

DANNY LONG | Director of Development
T:

E: | RanconGroup.com
Murrieta CA 92562

By taking possession of and reviewing the information contained herein, the recipient agrees that (a) the enclosed materials and their contents are of a confidential nature and will be held and treated in the strictest confidence and shall be returned to the Rancon Group and sender promptly upon request; and (b) no portion of the enclosed materials may be copied or otherwise reproduced without the prior written authorization of Rancon Group or as otherwise provided in a formal written and executed Confidentiality and/or Registration Agreement executed and delivered by the recipient(s) to The Rancon Group.

100
1 Tracy, Christopher
From: Tracy, Christopher
Sent: Monday, July 17, 2023 4:42 PM
To: vanessa wierenga
Cc: Cheryl Eagleson; Stiehl, Carl
Subject: RE: Hillside Information from 6-28-23 Planning Commission Meeting and link for General Project Information
Hi Vanessa,

The orange overlay is a starting point for review by staff and a property owner to see what areas would be considered a “Hillside.” As there are variations in topography within those orange areas, we would drill down further to those areas that are 25 Percent or greater using our GIS mapping software to determine where Chapter 16.24 of the Murrieta Municipal Code would apply.

Hopefully, this helps clarify things. The simplest way to think about it is that it is a two‐step process.

Sincerely,

Chris Tracy, AICP
SENIOR PLANNER
DEVELOPMENT SERVICES DEPARTMENT
CITY OF MURRIETA
O: (951) 461‐6046
[email protected]
1 Town Square | Murrieta, CA 92562
www.MurrietaCA.gov | Connect with us

From: vanessa wierenga < >
Sent: Friday, July 14, 2023 2:11 PM
To: Tracy, Christopher <[email protected]>
Cc: Cheryl Eagleson < >
Subject: Re: Hillside Information from 6‐28‐23 Planning Commission Meeting and link for General Project Information

CAUTION: This email originated from outside of the organization. Do not click links or open attachments unless you recognize the sender and know the content is safe.

Thank you Chris!

I wonder if you could provide me with an explanation of how this impacts my property at . Or at least an explanation about what % of the property is in the overlay area.

If I am looking at the right plot on the map it looks like only about 18-24% or my property is not in the orange.

I need to be able to discuss this with my real estate agent and investors who are looking at the property.

101
2 Thank you.

Vanessa

On Wed, Jul 12, 2023 at 3:28 PM Tracy, Christopher <[email protected]> wrote:

Hi Vanessa,

It was good speaking with you. Below is a link to Hillside Planning Commission Staff Report and Attachment

1.3, which show the proposed modifications. Within Attachment 1.3, the blue text is new and red strikeout language would be removed.

Hillside Items

http://onbase.murrietaca.gov/OnBaseAgendaOnline/Meetings/ViewMeeting?id=1450&doctype=1

Links:

AM - Agenda Report (Published) - 6/23/2023 –

ATT 1.3 - EX C - DRAFT ORD – TITLE 16 - STRIKE_UNDL.DOCX

Monthly Project Lists
June-1-2023-Current-Project-List
https://www.murrietaca.gov/276/Planning-Documents
Please let us know if you have any additional questions.

Thanks,
102
3 Chris Tracy, AICP

SENIOR PLANNER

DEVELOPMENT SERVICES DEPARTMENT

CITY OF MURRIETA
O: (951) 461-6046
[email protected]
1 Town Square | Murrieta, CA 92562
www.MurrietaCA.gov | Connect with us

--
Vanessa Wierenga
(cell)

Murrieta, California
103
Hillside Updates Workshop
(DCA -2021 -2396)
Item WS1.

August 15, 2023
Received After Agenda Printed
Regular City Council Meeting 08-15-23
Item WS1 - Staff Presentation
104
2 • The City Council adopted a General Plan in 1994 following incorporation in 1991.
• At that time, it was determined that all development decisions were to continue to utilize Riverside County’s Ordinance No. 348 (Zoning) until such a time that the City adopted its own Development Code.
• In September 1997, the City began the process for adoption.

Background
105
3 Cont.
• In early 1998, the City implemented these
new standards replacing County
Ordinance No. 348.
• Inclusive of these new standards were
parameters covering Hillside Development.
• Other than some minor updates in 2003, the
Hillside Development Standards have
remained relatively unchanged since
adoption.

Background
106
✓ Staff has discovered inconsistent standards that may
challenge the interpretations of the current standards. ✓ Feedback from some project applicants is that the
City’s Hillside standards and general height standards
are overly complicated and not consistently applied.
✓ Affecting the ability to streamline review for projects that are consistent with General Plan and
Development Code.

Why is the City proposing
these modifications?
4 107
✓ Directed by City Council at annual priority
goals workshop to address the Hillside
Development standard inconsistencies.
✓ When the standards were initially adopted, they
were applied on a citywide basis and not
specifically designated areas within the City,
which should have been the case.

Why is the City proposing
these modifications?
5 108
✓ The overall goal for these updates is to provide concise and accurate direction for all involved.

Why is the City proposing
these modifications?
6 109
7 110
8 111
9 CURRENT PROPOSED
112
10 113
11 • On August 25, 2022, staff presented an overview of proposed changes to the Development Advisory Group (DAG) to receive feedback on proposed standards.
• On January 25, 2023, staff presented proposed changes to the Planning Commission in a workshop format.
• On April 11, 2023 at the Alderwood Park Clubhouse, staff hosted a presentation on the existing and proposed hillside standards.

Background – Timeline - Public Outreach
114
12 Background – Timeline - Public Outreach
115
13 • For reference, on June 28, 2023, the Planning Commission considered the introduction of the Development Code updates. • The Commission recommended approval (Vote 4-0-1) of the Ordinance introduction with additional direction that “...nothing herein in the Ordinance is intended to hinder development or otherwise be inconsistent with current aesthetics and the architectural treatment for structures located at identified ridgelines or on the ridgelines map.”
Background – Planning Commission
116
14 • For reference, Greer Ranch and Copper Canyon are Specific Plan areas.
• Specific Plans serve as standalone planning documents with their own unique development standards within a defined area. • This would include their own development standards for hillside areas.

Background – Specific Plans
117
15 PROPOSED ORDINANCE – TITLE 16
Item/Issue Solution
Height Measurement • Easier way to measure height using updated graphics and tools
• New method for measuring height on a slope
is proposed to be taken five feet off of a
building edge with a ten-foot allowance to
accommodate varying topography
Retaining Walls • New step-back requirements to
accommodate landscaping
• Centralized design information to make
standards easier to identify
Hillside Locations • Adoption of an official map identifying hillside locations
• Integration of current technology (GIS) into
the City’s review process
118
16 Updates to Section §16.18.080 “Height Measurement and Height Limit Exceptions”
o Below is our current standard on how height is measured on a slope and at a pad:

CURRENT – HEIGHT MEASUREMENT
119
17 • We are proposing that staff would select a “High Point” and “Low Point” on as property as a reference point.

PROPOSED – HEIGHT MEASUREMENT
120
18 PROPOSED – HEIGHT MEASUREMENT
121
19 CURRENT –

RETAINING WALLS
122
20 PROPOSED - RETAINING WALLS
123
21 PROPOSED ORDINANCE – TITLE 16
Item/Issue Solution
Average Slope Calculation • Removal of existing formula and incorporation of GIS
Prominent Ridgelines • Adoption of an official map to reflect prominent ridgeline locations described by
the General Plan
• Use of the City’s Online GIS Map.
• Removal of the current 150-foot development
restriction at ridgeline locations and
implementation of landscaping requirements
to screen new structures
Cont.
124
22 PROPOSED ORDINANCE – TITLE 16
Item/Issue Solution
Definitions • Cleanup of existing definitions for consistency Grading Techniques • Use of new graphics to convey development standards
Project Review • Fixing typographical errors, definitions, and subjective criteria to improve clarity
Cont.
125

1. Receive the presentation by staff and discuss and provide direction of policy options under a proposed ordinance
framework; and,

2. Receive and file public comments
Recommendation
126

1. City Council – Ordinance Introduction – 1st Reading

2. City Council – 2nd Reading
Next Steps
127
Hillside Updates Workshop
(DCA -2021 -2396)
Item WS1.

August 15, 2023
128
26 o For a proposed building pad location,
the height of the building in this
scenario is the vertical distance from
the finished grade to the height of the
roof line.

PROPOSED ORDINANCE – TITLE 16
129
27 Updates Section §16.18.140.D.4.b “Setback Regulations and Exceptions” • Section §16.18.140.D.4.b refers to two retaining wall standards with one standard facing outward and inward; however, it is missing some other wall components
• Makes our existing standards easier to follow for applicants and staff for retaining wall criteria
• Applies Citywide
PROPOSED ORDINANCE – TITLE 16
130
28 TABLE 16.18-2
RETAINING WALLS – NON-HILLSIDE OVERLAY AREAS
Criteria
Facing Outward Within Front or
Street-Side Setback
For residential, mixed-use
locations, commercial and
industrial, retaining walls within a
front yard or street-side setback
shall not exceed four feet in
height.

Facing Inward Retaining walls up to six feet in
height may be located within a
required setback provided the
exposed side of the wall faces
into the subject parcel and shall
incorporate landscaping to
screen the wall(s).

Line-of-Sight Locations/Visibility
Triangles
For any required line–of–sight
locations or visibility triangles, a
maximum of thirty inches in
height shall be permitted.

Please Note:

These proposed
standards would
apply citywide.

Proposed
Table 16.18-2 –
“Retaining Walls
– Non-Hillside
Overlay Areas”
131
29 Six Feet or Greater - Retaining
Wall Facing Outward
Retaining walls six feet or greater
in height, shall be subject to the
same setback requirements as
the main structure in the
applicable zoning district and
shall incorporate landscaping to
screen the wall(s).

Required Offset At twelve feet in height, a
retaining wall shall be separated
by a minimum of six feet
horizontally in width as measured
from the back of capstone of the
lower wall to accommodate
landscaping.

Design Criteria Refer to Section 16.22.070.F
(Retaining Walls).

Retaining Wall(s) within the
“Hillside Overlay” Zone
Refer to Table 16.24-2 (Retaining
Walls – Designated Hillside
Overlay Areas)
Please Note:

These proposed
standards would
apply citywide.

Proposed
Table 16.18-2 –
“Retaining Walls
– Non-Hillside
Overlay Areas”
Table Cont.
132
30 Table Numbering Update: Table 3-3 to become renumbered Table 16.22-1 o Renumbering of Table 3-3 to Table 16.22-1 (Maximum Height of Fences, Hedges, and Walls)
Updates to Section §16.22.040 “Exceptions to Height Limitations” o Minor updates to the title to note “Non-Retaining”
o Clarifies that the exceptions under this Section are applicable to non- retaining walls and not all walls
PROPOSED ORDINANCE – TITLE 16
133
31 Updates to Section §16.22.050 “Measurement of Fence or Wall Height” o The objective here is to clarify the measurement criteria under Section §16.18.080 (Height Measurement and Height Limit Exceptions) is to utilize the standards under Chapter 16.24 for parcels located within the Hillside Overlay.
o Provides parameters for when there is a difference in the ground level between two adjacent parcels and how that is determined.

PROPOSED ORDINANCE – TITLE 16
134
32 Updates to Section §16.22.060 “Walls Required Between Different Zoning Districts”
o Clean-up of criteria and errors in the MMC with respect to wall criteria between Business Park (BP), General Industrial (GI), or General Industrial-A (GIA) Zones.
o Incorporation of Innovation (INN) Zone fencing criteria in alignment with existing wall standards. This is presently absent.
o Provides for pedestrian and vehicle access standards within the INN Zone with a few exceptions for pedestrian access.

PROPOSED ORDINANCE – TITLE 16
135
33 New Section §16.22.070.F “Retaining Walls”
o New centralized design criteria on a citywide basis for retaining walls. o Parameters for crib walls, keystone, Loffelstein walls, and other similar living wall systems are a design option.

PROPOSED ORDINANCE – TITLE 16
136
34 Minor Modifications to Section §16.24.010 “Purpose”
o Minor typographical updates with capitalization and italicizes to reference a given definition.

PROPOSED ORDINANCE – TITLE 16
137
35 Updates to Section §16.24.020 “Applicability”
o MMC §16.24.060.A under “Hillside Slope Categories” applies the “Hillside Condition” to all natural slopes within the threshold of 25% slope up to 50% slope throughout City (no development is permitted on slopes over 50%).
o Staff understands that the intent of this original criteria was for it to be limited to those mapped area within the Hillside Overlay, not on a citywide basis.

PROPOSED ORDINANCE – TITLE 16
138
36 Updates to Section §16.24.020 “Applicability”
o Limit the applicable criteria to those mapped area
within the Hillside Overlay that are 25 percent or
greater area and utilize the City’s GIS to have this
mapped at two-foot contours for project review.
o Addresses the existing discrepancy with a 20 percent
slope being referenced, versus the 25 percent slope
as described for the Hillside Overlay Area. This has
been a key issue of misunderstanding and
applicability in the past with respect to project
review.

PROPOSED ORDINANCE – TITLE 16
139
37 Updates to Section §16.24.030 “Definitions”
o Removal of Average Slope Calculation
I x L x .0023
A
I = Contour interval in feet.

L = Combined length in feet of contour lines
measured on the project site.
.0023 = A constant that converts square feet into
acres and expresses slope in percent.

A = Project site area in acres
PROPOSED ORDINANCE – TITLE 16
140
38 Updates to Section §16.24.030 “Definitions”
o An issue that has come is the misapplication of Prominent Ridgelines. o MMC §16.24.030 provides confusing language in defining where these locations are.
o MMC §16.24.60.G provides some parameters that structures are not permitted to be closer to a prominent ridge than fifty (50) feet as measured vertically on a cross-section or one hundred fifty (150) feet horizontally on a topographic map.

PROPOSED ORDINANCE – TITLE 16
141
39 Updates to Section §16.24.030 “Definitions”
o Identify these locations within the Prominent Ridgelines Map and more precisely on the City’s GIS.
o Creates certainty in identifying affected areas with during project review for both project applicants and City staff.

PROPOSED ORDINANCE – TITLE 16
142
40 Updates to Section §16.24.030 “Definitions” & §16.24.060 “Hillside Development Standards”
o Mapping the ridgeline locations creates the potential to restrict future development on ridgelines.
o The original premise was for the preservation of these ridgelines and as prominent visual characteristics.
o The challenge is how to balance this goal while providing property owners the ability to utilize their property.

PROPOSED ORDINANCE – TITLE 16
143
41 o Utilization of vegetation (trees/shrubs) to help screen proposed structures.

PROPOSED ORDINANCE – TITLE 16
144
42 Updates to Section §16.24.030 “Definitions”
Other Definition Updates
o Provides new definitions consistent with other portions of the MMC including “City”, “City Engineer”, “City Manager”, and “Director”. o Corrects/updates existing definitions consistent with other portions of the MMC.
o Updates provided to Figure 16.24-1 (Slope Examples) with the inclusion of a new 4:1, 25 percent slope example and clearer graphics.

PROPOSED ORDINANCE – TITLE 16
145
43 Updates to Section §16.24.040 “Application Submittal Requirements” o Variety of updates to Section §16.24.040 including natural features map, a conception grading plan, a drainage map, and more.
o The proposed language is moving from a subjective interpretation to objective standards. This is consistent and required with recent State housing legislation.

PROPOSED ORDINANCE – TITLE 16
146
44 Updates to Section §16.24.050 “Project Review Procedures” o Cross-referencing to the Hillside Overlay Map for applicability o Clarification of “Commission” to mean “Planning Commission” o Updates with referencing to objective criteria consistent with recent State housing legislation, versus existing subjective criteria and requirements
PROPOSED ORDINANCE – TITLE 16
147
45 TABLE 16.24-2
RETAINING WALLS – DESIGNATED HILLSIDE OVERLAY AREAS
Criteria
Up to Three Feet Within Front or
Street-Side Setback
Walls within the required front
yard or street-side setback shall
not exceed three feet in height,
shall be separated by a minimum
of three feet, and shall
incorporate landscaping to
screen the wall(s).

Line-of-Sight Locations/Visibility
Triangles
For any required line–of–sight
locations, or visibility triangles, a
maximum of thirty inches in
height shall be permitted.

Up to Six Feet. Where multiple terraced
retaining walls are designed to
retain larger slopes, they shall
not exceed six feet in height.

Refer to Figure 16.24-3.

Over Six Feet Prohibited
Please Note:

These proposed
standards would
apply only to
Hillside Areas.

Proposed
Table 16.24-2
“Retaining Walls
– Designated
Hillside Overlay
Areas”

Updates to Section §16.24.060 “Hillside Development Standards” 148
46 Over Six Feet and as Part of
Structure.

Walls that are an integral part of
the primary structure may
exceed six feet in height;
however, their visual impact shall
be mitigated through contour
grading and landscape treatment.

Refer to Figure 16.24-4.

Required Offset At six feet in height, a retaining
wall shall be separated by a
minimum of six feet horizontally
in width as measured from the
back of capstone of the lower
wall to accommodate
landscaping. Refer to Figure

16.24-3.

Design Criteria Refer to Section 16.22.070.F
(Retaining Walls).

Please Note:

These proposed
standards would
apply only to
Hillside Areas.

Proposed
Table 16.24-2
“Retaining Walls
– Designated
Hillside Overlay
Areas”
Table Cont.

Updates to Section §16.24.060 “Hillside Development Standards” 149
47 Updates to Section §16.24.060 “Hillside Development Standards” Other Updates to Section:
o Updates to Table 16.24-1 (Hillside Development Standards) for criteria. o Updates to site design and roadway placement for consistency with current California Fire Code and City standards.
o Minor updates for cross-lot profiles which cover the building envelope for a structure on a downhill lot, the building envelope for an uphill lot, and for the building envelope at cross-lot slopes.

PROPOSED ORDINANCE – TITLE 16
150
48 Updates to Section §16.24.060 “Hillside Development Standards” Other Updates to Section:
o Minor updates for walls and fencing criteria.
o Cross-referencing for consistency with citywide landscaping standards at sloped areas and use of drought tolerant and fire resistive landscaping materials.
o Updates for grading techniques at hillside areas, drainage improvements at hillside areas, and for public safety.

PROPOSED ORDINANCE – TITLE 16
151
49 Updates to Section §16.24.070 Hillside Development Guidelines o Minor updates for the site design and building placement of a residence at a site on a slope.
o Minor updates to roadway placement at hillside locations. o Placement is encouraged to work with the terrain and not counter to it.

These are the current parameters.

PROPOSED ORDINANCE – TITLE 16
152
50 Updates to Section §16.24.070 Hillside Development Guidelines (Cont.) o Minor updates to grading techniques which covers site situations with minimal grading, contour grading, landform grading, and drainage improvements in a more objective and naturalized manner. o Cross-referencing with respect to landscaping on sloped areas.

PROPOSED ORDINANCE – TITLE 16
153
51 New Section §16.24.080 “Exceptions”
o Provides exceptions from requiring a grading permit include exploratory excavations, installation of underground utilities, clearing and brushing when directed by the fire chief to mitigate a potential fire hazard, etc. o Provides exceptions from requiring a grading permit for flatwork, pools, or spas, which results in the disturbance of 50 cubic yards or less, does not require a grading permit.

PROPOSED ORDINANCE – TITLE 16
154
52 New Section §16.24.090 “Reserved”
New Section §16.24.100 “Hillside Overlay Map”
New Section §16.24.110 “Prominent Ridgelines Map”
PROPOSED ORDINANCE – TITLE 16
155
53 156
54 157
55 158
56 159
57 160
58 Background – Facts on Hillside and Prominent
Ridgelines
• The number of parcels located completely within the Hillside Overlay: 797 • The number of parcels that intersect with the Hillside Overlay: 1,120 • The number of parcels located completely within the Prominent Ridgeline:
7 • The number of parcels that intersect with the Prominent Ridgeline: 66 161
59 KEY ISSUES
Development
Feature
Rural Res.
(RR)
Estate Res.
(ER-1)
Estate Res.
(ER-2)
Estate Res.
(ER-3)
Single-
Family (SF-
1)
Single-
Family (SF-
2)
Maximum Building
Height
40 feet 40 feet 40 feet 35 feet 35 feet 35 feet
Multi-Family
(MF-1)
Multi-Family
(MF-2)
Multi-Family
(MF-3)
50 feet 50 feet 100 feet
Nbhd. Comm. (NC) Community Comm. (CC) Reg. Commercial (RC) 35 feet 50 feet 50 feet
Bus. Park (BP) Gen. Ind. (GI) Gen. Ind. GI-A
50 feet 40 feet 40 feet
Innovation (INN)
150 feet
INN: For structures greater than fifty (50) feet in building height and within 500 feet of existing residential districts, a public hearing shall be required, and the review shall include an evaluation of view sheds to maintain views for residential homes in the residential district and a shadow survey to avoid nonresidential buildings casting shadows on residential homes. No building shall exceed any Federal Aviation Administration (FAA) requirements.
162
60 • A maximum of 10 feet may be added to the
maximum allowable height per the zone to
accommodate areas such as crawl spaces.
• Staff is proposing under this scenario, chimneys,
vent pipes, etc. would be permitted to exceed
this limit up to 15 percent as provided.

PROPOSED ORDINANCE – TITLE 16
163
61 Pros:
• Flexibility to account for subterranean areas (i.e. crawl space areas below a stem wall).
• Flexibility for someone to have a covered elevated deck or balcony within this envelope.
• At steeper slopes, where the reference point is 10 feet or greater, the measurement envelope tightens as height
would pull back with the slope. This would minimize the overall height.

PROPOSED ORDINANCE – TITLE 16
164
62 Pros:
• It accounts for slight variation at a building site.

Cons:
• One might have a larger façade on one side of the
building than if the height measurement followed
the changing topography of the site.
• On a very steep lot, it may limit the height of the
building on the highest uphill side.

PROPOSED ORDINANCE – TITLE 16
165
63 Pros:
• The finished grade is a known metric and is
easily identifiable.
• Mirrors the current standard and it is a
simple approach for all involved.
• Relatively easy standard for an applicant
to show compliance with elevations and
height measurements on a standard set of
plans.

PROPOSED ORDINANCE – TITLE 16
166
64 Cons:
• May result in larger visible areas with
newly manufactured slopes
• For measurements that prefer to use
natural grade, this removes the ability to
rely on it.

PROPOSED ORDINANCE – TITLE 16
167
65 168
66 169
67 170

CITY OF MURRIETA
City Council Meeting Agenda
Report
8/15/2023
Agenda Item No.

Subject:

Received After Agenda Printed Trauma Intervention Presentation CITY OF MURRIETA Printed on 1/22/2024Page 1 of 1
powered by Legistar™
171
Received After Agenda Printed
Regular City Council Meeting 08-15-23
Presentation
172
173

CITY OF MURRIETA
City Council Meeting Agenda
Report
8/15/2023
Agenda Item No.

Subject:

Received After Agenda Printed - Governing Body Reports
CITY OF MURRIETA Printed on 1/22/2024Page 1 of 1
powered by Legistar™
174
Governing Body Reports
Murrieta City Council
August 15, 2023
Jon Levell, Council Member
1 Received After Agenda Printed
Regular City Council Meeting 08-15-23
GBR - Staff Presentation
175
2 Governing Body Reports
August 15, 2023
Jon Levell, Council Member
EMAIL: [email protected]
08/08/23 Attended Legislative meet and greet with Congressman Issa, with the Mayor , City Manager, Assistant City Managers, and City Executive Team. 176
Governing Body Reports
Murrieta City Council
August 15, 2023
Cindy Warren, Council Member
1 Received After Agenda Printed
Regular City Council Meeting 08-15-23
GBR - Staff Presentation
177
2 Governing Body Reports
August 15, 2023
Cindy Warren, Council Member
EMAIL: [email protected]
Attended the Town Square Park Amphitheater Sub-Committee 3rd Party Vendor Interviews.
08/07/23

178
Governing Body Reports
Murrieta City Council
August 15, 2023
Ron Holliday, Council Member
1 Received After Agenda Printed
Regular City Council Meeting 08-15-23
GBR - Staff Presentation
179
2 Governing Body Reports
August 15, 2023
Ron Holliday, Council Member
EMAIL: [email protected]
Attended the Western Regional Council of Governments Assembly.

As part of the Town Square Park Amphitheater Subcommittee interviewed the applicant.
08/07/23
08/07/23
180

CITY OF MURRIETA
City Council Meeting Agenda
Report
9/19/2023
Agenda Item No. 1.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Cristal McDonald, City Clerk
SUBJECT:

Waive Reading of All Ordinance Adoptions on the Agenda and Read by Title Only

RECOMMENDATION
Waive reading, by title only, of all Ordinances and Resolutions. Said Ordinances and Resolutions which appear on the public agenda shall be determined to have been read by title and further reading waived.

CITY OF MURRIETA Printed on 1/22/2024Page 1 of 1
powered by Legistar™
181

CITY OF MURRIETA
City Council Meeting Agenda
Report
8/15/2023
Agenda Item No. 2.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Javier Carcamo, Director of Finance
PREPARED BY: Geovanny Calvopina, Financial Analyst
SUBJECT: Monthly Investment Transaction Report for May 2023

RECOMMENDATION
Receive and file the Monthly Investment Transaction Report for May 2023.

PRIOR ACTION/VOTE
No prior action.

CITY COUNCIL GOAL
Maintain a high performing organization that values fiscal sustainability, transparency, accountability and organizational efficiency.

BACKGROUND
This report is filed with the City Council in compliance with Government Code Section 53607, which states that a monthly report of transactions related to the purchase, sale, or exchange of securities is made monthly to the legislative body. The City of Murrieta (City) has both long-term and short-term investments. The City’s managed investment portfolio is for longer-term investments, managed through Chandler Asset Management.

The Local Agency Investment Fund (LAIF), managed by the California State Treasurer, is used for short-term investments and functions more like a savings account to facilitate cash flow.

This report includes funds under management with Chandler Asset Management, funds deposited with LAIF, and earnings from the Wells Fargo Cash Sweep Program. Bond funds held by the City’sTrustee are not included in this report but are on file and available upon request.

The transactions in the long-term investment portfolio for May 2023 include dispositions of $5,121,751.13 in investment sales, which also includes a withdrawal for bank fees of $291.67. Subsequently, these proceeds, together with the monthly interest earnings, were reinvested in security and money market fund purchases totaling $5,245,413.11.

The California State Treasurer allocates and reinvests LAIF interest earnings on a quarterly basis. Quarterly interest earnings are reflected in the statement one month following the end of the quarter. This account's last interest earnings deposit was in April 2023, for the prior quarter. There are no LAIF transactions to report for CITY OF MURRIETA Printed on 1/22/2024Page 1 of 2
powered by Legistar™
182
8/15/2023
Agenda Item No. 2.
interest earnings deposit was in April 2023, for the prior quarter. There are no LAIF transactions to report for the month of May.

As of May 31, 2023, the City’sTotal Ending Book Value (or what the City actually paid for the investments) for both investment accounts (long and short-term accounts) are $149,170,330.03. Both accounts combined had an overall increase of $129,748.91 or 0.09% when compared to the prior month, which includes any deposits, dispositions, applicable interest earning, and less any realized gain/loss or monthly fees charged to the account.

The City is also earning monthly dividends in the General Checking account. The Wells Fargo “CashSweep Program” allows the City to earn a return on uninvested cash balances in our General Checking Account by automatically "sweeping" cash balances into a Sweep investment vehicle until such balances are otherwise needed to satisfy obligations arising in the account.

The total earnings from the Cash Sweep Program for the month of May were $401,421.08.

Included, as Attachments 1 and 2, are the investment portfolio account and LAIF regular monthly statements, respectively, which outline all transactions associated with the respective accounts. Additionally, Attachment 3 is a summary of daily transactions associated with the Wells Fargo Cash Sweep Program.

This report also includes a statement of compliance with state law and the City’sinvestment policy for the various investment categories.

FISCAL IMPACT
There is no fiscal impact associated with the recommended action. Interest earnings projections are included in the Fiscal Year 2022/23 Operating Budget.

ATTACHMENTS
1) Chandler Asset Management Monthly Account Statement for May 2023 2) Local Agency Investment Fund (LAIF) May 2023
3) Wells Fargo Cash Sweep Program Statement for May 2023 CITY OF MURRIETA Printed on 1/22/2024Page 2 of 2
powered by Legistar™
183
City of Murrieta

MONTHLY ACCOUNT STATEMENT
MAY 1, 2023 THROUGH MAY 31, 2023
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures.

CHANDLER ASSET MANAGEMENT
chandlerasset.com
Custodian
US Bank
184

ACCOUNT SUMMARY
Beg. Values
as of 4/30/23
End Values
as of 5/31/23
Market Value 119,186,015 118,963,926
Accrued Interest 455,336 517,365
Total Market Value 119,641,351 119,481,291
Income Earned 180,875 186,035
Cont/WD -292
Par 123,008,785 123,197,690
Book Value 122,629,530 122,759,279
Cost Value 122,629,530 122,759,279

TOP ISSUERS
Government of United States 41.4%
Federal Home Loan Mortgage Corp 12.8%
Federal Farm Credit Bank 4.9%
Federal National Mortgage Assoc 4.8%
Federal Home Loan Bank 4.5%
Procter & Gamble Company 1.6%
Microsoft 1.5%
Caterpillar Inc 1.5%
Total 73.0%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 1.57
Average Coupon 1.86%
Average Purchase YTM 1.99%
Average Market YTM 4.89%
Average S&P/Moody Rating AA/Aa1
Average Final Maturity 1.79 yrs
Average Life 1.66 yrs

CREDIT QUALITY (S&P)

MATURITY DISTRIBUTION

SECTOR ALLOCATION
Portfolio Summary
As of May 31, 2023
City of Murrieta

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 1/31/2020 City of Murrieta -0.13% 1.56% 1.67% 0.68% -1.08% -0.53% N/A N/A 0.18% ICE BofA 1-3 Yr US Treasury Index -0.34% 1.51% 1.47% 0.03% -1.44% -0.88% N/A N/A -0.09% Execution Time: 6/1/2023 10:06:37 PMChandler Asset Management - CONFIDENTIAL Page 1 185 Category Standard Comment
U.S. Treasuries No limit; 5 years max maturity Complies Federal Agencies 30% max per Agency/GSE issuer; 20% max agency callable securities; 5 years max maturity Complies Municipal Securities (CA, Other States) "A" rating category or better by a NRSRO; 30% max; 5% max per issuer; 5 years max maturity Complies Supranational Obligations "AA" rating category or higher by a NRSRO; 30% max; 10% max per issuer; 5 years max maturity; USD denominated senior unsecured unsubordinated obligations; Issued or unconditionally guaranteed by IBRD, IFC, or IADB Complies Corporate Medium Term Notes
"A" rating category or higher by a NRSRO; 30% max; 5% max per issuer in Medium Term Notes and Commercial Paper; 5 years max maturity; Issued by corporations organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S.

Complies
Asset-Backed Securities, Mortgage-Backed
Securities, Collateralized Mortgage
Obligations, Pass-Through Securities
"AA" rating category or higher by a NRSRO; 20% max (total aggregate in mortgage-backed and asset-backed securities); 5% max per issuer that is not a U.S. government agency; Mortgage-Backed Securities, Collateralized Mortgage Obligations and Asset-Backed Securities limited to mortgage-backed pass-through securities issued by a U.S. government agency or consumer receivable pass-through certificates or bonds; 5 years max maturity Complies
Negotiable Certificates of Deposit (NCD)
The amount of NCD insured up to the FDIC limit does not require any credit ratings; Any amount above FDIC insured limit must be issued by institutions with "A-1" short-term debt rating or better by a NRSRO; or "A" long-term rating category or better by a NRSRO; 30% max (combined with CDARS); 5% max per issuer; 5 years max maturity Complies
Certificate of Deposit Placement Service
(CDARS) 30% max (combination of Certificates of Deposit, including CDARS); 5 years max maturity Complies Time Deposits (Non-negotiable CD/TD) 20% max combined FDIC & Collateralized CD/TD; 5 years max maturity Complies Collateralized Bank Deposits Deposits with financial institutions will be collateralized with pledged securities per California Government Code Complies Banker’s Acceptances
"A-1" rated or higher by a NRSRO; "A" rating category or higher by a NRSRO, if issuers have senior debt outstanding; 30% max; 5% max in bankers acceptance of any one commercial bank; 180 days max maturity; Issued by FDIC insured commercial banks.

Complies
Commercial Paper
25% max; 40% max if the Agency’s investment assets under management are greater than $100 million, under a provision sunsetting on January 1, 2026; 5% max per issuer in Commercial Paper and Medium Term Notes; 270 days maturity; Prime Commercial Paper with the highest rating by a NRSRO; The entity that issues the commercial paper shall meet all of the conditions in either 1) or 2): 1) (a) be organized and operating in the U.S. as a general corporation, (b) have total assets in excess of $500 million, and (c) have debt other than commercial paper, if any, that has "A" rating category or higher by a NRSRO; 2) (a) be organized within the U.S. as a special purpose corporation, trust, or limited liability company; (b) have program-wide credit enhancements including, but not limited to, overcollateralization, letters of credit, or surety bond; and (c) have commercial paper that has "A-1" rating category or higher by a NRSRO.

Complies
Money Market Funds
"AAA" rating category by two NRSROs; 20% max (aggregate investment in combination of Money Market Funds and Mutual Funds); Investment in any individual fund may not exceed 10% of the fund; Registered under the Investment Company Act of 1940; "no load"; constant net asset value per share $1; invest only in securities authorized by California statute.

Complies
Statement of Compliance
As of May 31, 2023
City of Murrieta
Assets managed by Chandler Asset Management are in full compliance with state law and the Client's investment policy. 186
Mutual Funds
"AAA" rating category by two NRSROs; 20% max (aggregate investment in combination of Mutual Funds and Money Market Funds); Investment in any individual Mutual Fund shall not exceed 10% of the portfolio; Investment in any individual fund may not exceed 10% of the fund; Registered under the Investment Company Act of 1940; "no load"; invest only in securities authorized by California statute.

Complies
Local Agency Investment Fund (LAIF) Maximum amount permitted by LAIF, pursuant to California Government Code; Not used by investment adviser Complies Repurchase Agreements 20% max; 1 year max maturity; 102% collateralized; Not used by investment adviser Complies Max Per Issuer 5% max per issuer for all non-federal government securities, with the exception of Money Market Funds, Mutual Funds, Supranationals, LAIF, or unless otherwise specified in the investment policy Complies Maximum Maturity 5 years max maturity, unless the City Council has by resolution granted authority to make such an investment at least 3 months prior to the date of the investment Complies
187

BOOK VALUE RECONCILIATION
BEGINNING BOOK VALUE $122,629,530.21
Acquisition
+ Security Purchases $2,684,757.43
+ Money Market Fund Purchases $2,560,655.68
+ Money Market Contributions $0.00
+ Security Contributions $0.00
+ Security Transfers $0.00
Total Acquisitions $5,245,413.11
Dispositions
- Security Sales $0.00
- Money Market Fund Sales $2,688,291.94
- MMF Withdrawals $291.67
- Security Withdrawals $0.00
- Security Transfers $0.00
- Other Dispositions $0.00
- Maturities $2,005,000.00
- Calls $0.00
- Principal Paydowns $428,167.52
Total Dispositions $5,121,751.13
Amortization/Accretion
+/- Net Accretion $51.88
$51.88
Gain/Loss on Dispositions
+/- Realized Gain/Loss $6,035.05
$6,035.05
ENDING BOOK VALUE $122,759,279.12

CASH TRANSACTION SUMMARY
BEGINNING BALANCE $531,585.89
Acquisition
Contributions $0.00
Security Sale Proceeds $0.00
Accrued Interest Received $0.00
Interest Received $125,594.99
Dividend Received $1,893.17
Principal on Maturities $2,005,000.00
Interest on Maturities $0.00
Calls/Redemption (Principal) $0.00
Interest from Calls/Redemption $0.00
Principal Paydown $428,167.52
Total Acquisitions $2,560,655.68
Dispositions
Withdrawals $291.67
Security Purchase $2,684,757.43
Accrued Interest Paid $3,534.51
Total Dispositions $2,688,583.61
ENDING BOOK VALUE $403,657.96
Reconciliation Summary
As of May 31, 2023
City of Murrieta
Execution Time: 6/1/2023 10:06:37 PMChandler Asset Management - CONFIDENTIAL Page 3 188 Holdings Report
As of May 31, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
43813RAC1 Honda Auto Receivables 2020-1 A3

1.61% Due 4/22/2024
31,968.82 02/19/2020

1.62%
31,962.55
31,962.55

99.78 4.58%
31,897.95

14.30 0.03%
(64.60)
Aaa / NR
AAA

0.90 0.07
47789KAC7 John Deere Owner Trust 2020-A A3

1.1% Due 8/15/2024
17,594.20 03/04/2020

1.11%
17,593.13
17,593.13

99.82 5.24%
17,561.93

8.60 0.01%
(31.20)
Aaa / NR
AAA

1.21 0.04
89237VAB5 Toyota Auto Receivables Trust 2020-C
A3

0.44% Due 10/15/2024
76,703.48 07/21/2020

0.44%
76,697.58
76,697.58

99.06 5.92%
75,985.21

15.00 0.06%
(712.37)
Aaa / AAA
NR

1.38 0.17
36262XAC8 GM Financial Auto Lease Trust 2021-3
A2

0.39% Due 10/21/2024
499,590.40 08/10/2021

0.39%
499,583.61
499,583.61

98.31 5.80%
491,162.31

59.53 0.41%
(8,421.30)

NR / AAA
AAA

1.39 0.31
47787NAC3 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
29,076.96 07/14/2020

0.52%
29,072.53
29,072.53

99.10 5.15%
28,814.80

6.59 0.02%
(257.73)
Aaa / NR
AAA

1.46 0.19
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-
B A3

0.4% Due 11/15/2024
374,045.04 06/22/2021

0.40%
374,016.81
374,016.81

98.18 6.00%
367,222.46

66.50 0.31%
(6,794.35)

NR / AAA
AAA

1.46 0.32
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
164,666.91 09/08/2021

0.34%
164,649.92
164,649.92

98.47 6.14%
162,154.59

9.06 0.14%
(2,495.33)
Aaa / NR
AAA

1.58 0.26
89236XAC0 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
101,194.36 10/06/2020

0.36%
101,175.51
101,175.51

98.65 6.12%
99,830.36

15.74 0.08%
(1,345.15)

NR / AAA
AAA

1.63 0.23
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
297,877.01 01/11/2022

1.11%
297,832.47
297,832.47

97.94 6.15%
291,735.08

54.61 0.24%
(6,097.39)

NR / AAA
AAA

1.82 0.41
43813GAC5 Honda Auto Receivables Trust 2021-1
A3

0.27% Due 4/21/2025
113,022.76 02/17/2021

0.27%
113,020.69
113,020.69

97.44 6.07%
110,130.62

8.48 0.09%
(2,890.07)
Aaa / NR
AAA

1.89 0.44
89240BAC2 Toyota Auto Receivables Owners 2021-
A A3

0.26% Due 5/15/2025
408,916.43 02/02/2021

0.27%
408,840.53
408,840.53

97.26 6.65%
397,703.94

47.25 0.33%
(11,136.59)
Aaa / NR
AAA

1.96 0.43
47788UAC6 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
214,805.02 03/02/2021

0.37%
214,763.74
214,763.74

96.76 6.23%
207,855.65

34.37 0.17%
(6,908.09)
Aaa / NR
AAA

2.30 0.55
44933LAC7 Hyundai Auto Receivables Trust 2021-A
A3

0.38% Due 9/15/2025
278,330.18 04/20/2021

0.38%
278,300.89
278,300.89

97.28 5.74%
270,757.37

47.01 0.23%
(7,543.52)

NR / AAA
AAA

2.30 0.51
05593AAC3 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
155,000.00 02/07/2023

5.22%
154,996.31
154,996.31

99.63 5.49%
154,422.16
133.30

0.13%
(574.15)
Aaa / AAA
NR

2.49 1.35
Execution Time: 6/1/2023 10:06:37 PMChandler Asset Management - CONFIDENTIAL Page 4 189 Holdings Report
As of May 31, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
44934KAC8 Hyundai Auto Receivables Trust 2021-B
A3

0.38% Due 1/15/2026
750,508.39 07/20/2021

0.39%
750,342.75
750,342.75

96.47 6.08%
723,992.93
126.75

0.61%
(26,349.82)

NR / AAA
AAA

2.63 0.62
43815GAC3 Honda Auto Receivables Trust 2021-4
A3

0.88% Due 1/21/2026
330,000.00 11/16/2021

0.89%
329,930.44
329,930.44

95.64 5.81%
315,595.50

80.67 0.26%
(14,334.94)
Aaa / NR
AAA

2.65 0.89
47789QAC4 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
380,731.96 07/13/2021

0.52%
380,698.00
380,698.00

95.73 5.90%
364,470.90

87.99 0.31%
(16,227.10)
Aaa / NR
AAA

2.79 0.79
43815PAC3 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
365,000.00 08/15/2022

3.76%
364,978.25
364,978.25

97.66 5.27%
356,457.94
491.63

0.30%
(8,520.31)

NR / AAA
AAA

3.14 1.55
05602RAD3 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
350,000.00 05/10/2022

3.23%
349,981.80
349,981.80

97.03 5.97%
339,603.25
187.25

0.28%
(10,378.55)
Aaa / AAA
NR

3.24 1.09
362554AC1 GM Financial Securitized Term 2021-4
A3

0.68% Due 9/16/2026
250,000.00 10/13/2021

0.68%
249,993.63
249,993.63

95.28 5.93%
238,188.50

70.83 0.20%
(11,805.13)
Aaa / AAA
NR

3.30 0.90
47787JAC2 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
410,000.00 03/10/2022

2.34%
409,909.31
409,909.31

96.10 5.82%
394,022.71
422.76

0.33%
(15,886.60)
Aaa / NR
AAA

3.30 1.12
380146AC4 GM Financial Auto Receivables 2022-1
A3

1.26% Due 11/16/2026
215,000.00 01/11/2022

1.27%
214,981.32
214,981.32

95.34 5.74%
204,970.90
112.88

0.17%
(10,010.42)

NR / AAA
AAA

3.47 1.05
36265WAD5 GM Financial Securitized Auto 2022-3
A3

3.64% Due 4/16/2027
320,000.00 07/06/2022

3.67%
319,997.79
319,997.79

97.60 5.18%
312,304.34
485.33

0.26%
(7,693.45)
Aaa / NR
AAA

3.88 1.60
02582JJT8 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027
905,000.00 05/17/2022

3.42%
904,799.81
904,799.81

97.20 4.95%
879,675.39
1,363.53

0.74%
(25,124.42)

NR / AAA
AAA

3.96 1.84
92348KAV5 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
415,000.00 08/02/2022

3.75%
414,981.74
414,981.74

98.64 5.27%
409,346.46
471.72

0.34%
(5,635.28)

NR / AAA
AAA

4.14 1.17
Total ABS 7,454,031.92 1.68%
7,453,101.11
7,453,101.11 5.74%
7,245,863.25
4,421.68

6.07%
(207,237.86)
Aaa / AAA
AAA

2.76 0.91
AGENCY
3133834G3 FHLB Note

2.125% Due 6/9/2023
2,000,000.00 08/01/2019

1.84%
2,020,800.00
2,020,800.00

99.93 5.19%
1,998,616.00
20,305.56

1.69%
(22,184.00)
Aaa / AA+
NR

0.02 0.02
Execution Time: 6/1/2023 10:06:37 PMChandler Asset Management - CONFIDENTIAL Page 5 190 Holdings Report
As of May 31, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
AGENCY
3137EAEN5 FHLMC Note

2.75% Due 6/19/2023
1,350,000.00 12/12/2019

1.70%
1,398,343.50
1,398,343.50

99.84 5.82%
1,347,887.25
16,706.25

1.14%
(50,456.25)
Aaa / AA+
AAA

0.05 0.05
3135G05G4 FNMA Note

0.25% Due 7/10/2023
1,755,000.00 07/08/2020

0.32%
1,751,226.75
1,751,226.75

99.44 5.45%
1,745,159.72
1,718.44

1.46%
(6,067.03)
Aaa / AA+
AAA

0.11 0.11
3137EAEW5 FHLMC Note

0.25% Due 9/8/2023
2,005,000.00 Various

0.26%
2,004,240.85
2,004,240.85

98.66 5.28%
1,978,171.10
1,155.66

1.66%
(26,069.75)
Aaa / AA+
AAA

0.27 0.27
3135G0U43 FNMA Note

2.875% Due 9/12/2023
1,000,000.00 06/26/2019

1.86%
1,040,880.00
1,040,880.00

99.32 5.30%
993,203.00
6,309.03

0.84%
(47,677.00)
Aaa / AA+
AAA

0.28 0.28
3137EAEY1 FHLMC Note

0.125% Due 10/16/2023
1,575,000.00 10/14/2020

0.25%
1,569,125.25
1,569,125.25

98.11 5.26%
1,545,232.50
246.09

1.29%
(23,892.75)
Aaa / AA+
AAA

0.38 0.37
3133EHN25 FFCB Note

2.2% Due 11/1/2023
2,000,000.00 06/20/2019

1.83%
2,031,280.00
2,031,280.00

98.48 5.93%
1,969,578.00
3,666.67

1.65%
(61,702.00)
Aaa / AA+
AAA

0.42 0.41
3137EAEZ8 FHLMC Note

0.25% Due 11/6/2023
2,050,000.00 11/03/2020

0.28%
2,048,155.00
2,048,155.00

97.89 5.25%
2,006,829.05
355.90

1.68%
(41,325.95)
Aaa / AA+
AAA

0.44 0.42
3135G06H1 FNMA Note

0.25% Due 11/27/2023
1,045,000.00 11/23/2020

0.29%
1,043,808.70
1,043,808.70

97.46 5.59%
1,018,439.24

29.03 0.85%
(25,369.46)
Aaa / AA+
AAA

0.49 0.48
3137EAFA2 FHLMC Note

0.25% Due 12/4/2023
1,465,000.00 12/02/2020

0.28%
1,463,549.65
1,463,549.65

97.38 5.56%
1,426,556.94
1,800.73

1.20%
(36,992.71)
Aaa / AA+
AAA

0.51 0.49
3133EKMX1 FFCB Note

2.23% Due 2/23/2024
2,000,000.00 07/16/2019

1.97%
2,022,820.00
2,022,820.00

97.83 5.30%
1,956,636.00
12,141.11

1.65%
(66,184.00)
Aaa / AA+
AAA

0.73 0.70
3130A1XJ2 FHLB Note

2.875% Due 6/14/2024
2,000,000.00 09/13/2019

1.76%
2,101,140.00
2,101,140.00

97.73 5.15%
1,954,634.00
26,673.61

1.66%
(146,506.00)
Aaa / AA+
NR

1.04 0.99
3135G0V75 FNMA Note

1.75% Due 7/2/2024
2,000,000.00 10/21/2019

1.66%
2,007,660.00
2,007,660.00

96.77 4.84%
1,935,370.00
14,486.11

1.63%
(72,290.00)
Aaa / AA+
AAA

1.09 1.05
3130AQF40 FHLB Note
1% Due 12/20/2024
1,400,000.00 12/21/2021

1.03%
1,398,768.00
1,398,768.00

94.47 4.73%
1,322,617.80
6,261.11

1.11%
(76,150.20)
Aaa / AA+
AAA

1.56 1.50
3133ENKS8 FFCB Note

1.125% Due 1/6/2025
755,000.00 01/06/2022

1.20%
753,301.25
753,301.25

94.56 4.70%
713,924.23
3,421.09

0.60%
(39,377.02)
Aaa / AA+
AAA

1.61 1.54
3133ENPG9 FFCB Note

1.75% Due 2/14/2025
1,200,000.00 02/25/2022

1.82%
1,197,456.00
1,197,456.00

95.27 4.67%
1,143,259.20
6,241.67

0.96%
(54,196.80)
Aaa / AA+
AAA

1.71 1.64
Total Agency 25,600,000.00 1.16%
25,852,554.95
25,852,554.95 5.27%
25,056,114.03
121,518.06

21.07%
(796,440.92)
Aaa / AA+
AAA

0.62 0.59
Execution Time: 6/1/2023 10:06:37 PMChandler Asset Management - CONFIDENTIAL Page 6 191 Holdings Report
As of May 31, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
CMO
3137BM7C4 FHLMC K051 A2

3.308% Due 9/25/2025
1,223,000.00 06/23/2022

3.33%
1,220,420.23
1,220,420.23

97.07 4.67%
1,187,200.34
3,371.40

1.00%
(33,219.89)

NR / NR
AAA

2.32 2.05
3137BSP72 FHLMC K058 A2

2.653% Due 8/25/2026
2,000,000.00 02/09/2023

4.35%
1,890,546.88
1,890,546.88

94.77 4.40%
1,895,358.00
4,421.67

1.59%
4,811.12

NR / NR
AAA

3.24 2.99
3137BTUM1 FHLMC K061 A2

3.347% Due 11/25/2026
900,000.00 09/22/2022

4.37%
867,691.41
867,691.41

96.36 4.50%
867,279.60
2,510.25

0.73%
(411.81)

NR / NR
AAA

3.49 3.06
3137BVZ82 FHLMC K063

3.43% Due 1/25/2027
862,000.00 Various

4.09%
839,600.51
839,600.51

96.77 4.40%
834,136.71
2,463.89

0.70%
(5,463.80)

NR / NR
AAA

3.66 3.23
3137F1G44 FHLMC K065 A2

3.243% Due 4/25/2027
1,000,000.00 09/19/2022

4.08%
965,468.75
965,468.75

96.00 4.36%
960,033.00
2,702.50

0.81%
(5,435.75)

NR / NR
AAA

3.90 3.50
3137FBU79 FHLMC K069 A2

3.187% Due 9/25/2027
1,250,000.00 05/18/2023

4.65%
1,200,732.43
1,200,732.43

95.64 4.31%
1,195,542.50
3,319.79

1.00%
(5,189.93)

NR / AAA
NR

4.32 3.83
Total CMO 7,235,000.00 4.16%
6,984,460.21
6,984,460.21 4.44%
6,939,550.15
18,789.50

5.82%
(44,910.06)

NR / AAA
AAA

3.44 3.08

CORPORATE
742718EB1 Procter & Gamble Co Note

3.1% Due 8/15/2023
1,880,000.00 06/27/2019

2.06%
1,957,305.60
1,957,305.60

99.71 4.47%
1,874,610.04
17,160.22

1.58%
(82,695.56)
Aa3 / AA-
NR

0.21 0.20
717081EN9 Pfizer Inc. Callable Note Cont 8/15/2023

3.2% Due 9/15/2023
1,250,000.00 06/26/2019

2.24%
1,298,250.00
1,298,250.00

99.39 5.31%
1,242,385.00
8,444.44

1.05%
(55,865.00)
A1 / A+
A

0.29 0.28
24422EVN6 John Deere Capital Corp Note

0.45% Due 1/17/2024
865,000.00 03/01/2021

0.47%
864,385.85
864,385.85

97.07 5.25%
839,673.67
1,448.88

0.70%
(24,712.18)
A2 / A
A+

0.63 0.61
69371RR24 Paccar Financial Corp Note

0.35% Due 2/2/2024
795,000.00 01/28/2021

0.39%
794,077.80
794,077.80

96.65 5.51%
768,393.74
919.77

0.64%
(25,684.06)
A1 / A+
NR

0.68 0.65
594918BX1 Microsoft Callable Note Cont 12/6/2023

2.875% Due 2/6/2024
1,850,000.00 07/18/2019

2.07%
1,914,361.50
1,914,361.50

98.60 4.97%
1,824,166.60
16,990.45

1.54%
(90,194.90)
Aaa / AAA
NR

0.69 0.66
166764BT6 Chevron Corp Callable Note Cont
1/3/2024

2.895% Due 3/3/2024
900,000.00 11/04/2019

1.94%
935,334.00
935,334.00

98.38 5.11%
885,393.00
6,369.00

0.75%
(49,941.00)
Aa2 / AA-
NR

0.76 0.73
808513BN4 Charles Schwab Corp Callable Note
Cont 2/18/2024

0.75% Due 3/18/2024
575,000.00 03/16/2021

0.77%
574,712.50
574,712.50

96.04 5.90%
552,252.43
874.48

0.46%
(22,460.07)
A2 / A-
A

0.80 0.77
Execution Time: 6/1/2023 10:06:37 PMChandler Asset Management - CONFIDENTIAL Page 7 192 Holdings Report
As of May 31, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
023135BW5 Amazon.com Inc Note

0.45% Due 5/12/2024
805,000.00 05/10/2021

0.50%
803,824.70
803,824.70

95.48 5.41%
768,636.54
191.19

0.64%
(35,188.16)
A1 / AA
AA-

0.95 0.92
91324PEB4 United Health Group Inc Callable Note
Cont 5/15/2022

0.55% Due 5/15/2024
425,000.00 11/08/2021

0.78%
422,560.50
422,560.50

95.55 5.39%
406,101.53
103.89

0.34%
(16,458.97)
A3 / A+
A

0.96 0.93
24422EVQ9 John Deere Capital Corp Note

0.45% Due 6/7/2024
760,000.00 06/07/2021

0.49%
759,050.00
759,050.00

95.42 5.14%
725,157.04
1,653.00

0.61%
(33,892.96)
A2 / A
A+

1.02 0.99
06051GJY6 Bank of America Corp Callable Note
Cont 6/14/2023

0.523% Due 6/14/2024
960,000.00 06/07/2021

2.17%
960,064.00
960,064.00

99.79 5.61%
957,995.52
2,329.10

0.80%
(2,068.48)
A1 / A-
AA-

1.04 0.91
89236TJH9 Toyota Motor Credit Corp Note

0.5% Due 6/18/2024
1,140,000.00 06/15/2021

0.54%
1,138,643.40
1,138,643.40

95.17 5.30%
1,084,918.62
2,580.83

0.91%
(53,724.78)
A1 / A+
A+

1.05 1.02
79466LAG9 Salesforce.com Inc Callable Note Cont
7/15/2022

0.625% Due 7/15/2024
200,000.00 06/29/2021

0.64%
199,898.00
199,898.00

95.12 5.15%
190,245.20
472.22

0.16%
(9,652.80)
A2 / A+
NR

1.13 1.09
91159HHX1 US Bancorp Callable Note Cont
6/28/2024

2.4% Due 7/30/2024
1,000,000.00 11/09/2021

0.85%
1,041,550.00
1,041,550.00

96.14 5.87%
961,421.00
8,066.67

0.81%
(80,129.00)
A3 / A
A+

1.17 1.12
69371RR40 Paccar Financial Corp Note

0.5% Due 8/9/2024
245,000.00 08/03/2021

0.52%
244,867.70
244,867.70

94.70 5.15%
232,012.80
381.11

0.19%
(12,854.90)
A1 / A+
NR

1.19 1.16
78016EYM3 Royal Bank of Canada Note

1.6% Due 1/21/2025
1,000,000.00 01/12/2022

1.60%
1,000,000.00
1,000,000.00

94.24 5.31%
942,431.00
5,777.78

0.79%
(57,569.00)
A1 / A
AA-

1.65 1.57
06406RBC0 Bank of NY Mellon Corp Callable Note
Cont 3/25/2025

3.35% Due 4/25/2025
900,000.00 04/19/2022

3.35%
899,874.00
899,874.00

96.32 5.41%
866,852.10
3,015.00

0.73%
(33,021.90)
A1 / A
AA-

1.90 1.80
14913R2V8 Caterpillar Financial Service Note

3.4% Due 5/13/2025
480,000.00 05/10/2022

3.44%
479,390.40
479,390.40

97.40 4.81%
467,504.16
816.00

0.39%
(11,886.24)
A2 / A
A+

1.95 1.86
438516CB0 Honeywell Intl Callable Note Cont
5/1/2025

1.35% Due 6/1/2025
1,000,000.00 03/09/2022

2.31%
970,280.00
970,280.00

93.71 4.68%
937,136.00
6,750.00

0.79%
(33,144.00)
A2 / A
A

2.01 1.92
89115A2A9 Toronto-Dominion Bank Note

3.766% Due 6/6/2025
1,000,000.00 06/02/2022

3.70%
1,001,830.00
1,001,830.00

97.19 5.25%
971,910.00
18,306.94

0.83%
(29,920.00)
A1 / A
NR

2.02 1.87
63743HFE7 National Rural Utilities Note

3.45% Due 6/15/2025
1,105,000.00 Various

3.61%
1,099,973.65
1,099,973.65

96.67 5.19%
1,068,179.19
17,578.71

0.91%
(31,794.46)
A2 / A-
A

2.04 1.90
Execution Time: 6/1/2023 10:06:37 PMChandler Asset Management - CONFIDENTIAL Page 8 193 Holdings Report
As of May 31, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
14913R2Z9 Caterpillar Financial Service Note

3.65% Due 8/12/2025
1,375,000.00 08/08/2022

3.69%
1,373,336.25
1,373,336.25

97.69 4.77%
1,343,196.25
15,195.66

1.14%
(30,140.00)
A2 / A
A+

2.20 2.06
26442UAA2 Duke Energy Progress LLC Callable Note
Cont 5/15/25

3.25% Due 8/15/2025
1,000,000.00 06/23/2022

3.57%
990,710.00
990,710.00

96.70 4.85%
966,956.00
9,569.44

0.82%
(23,754.00)
Aa3 / A
NR

2.21 2.07
437076CR1 Home Depot Callable Note Cont
8/15/2025
4% Due 9/15/2025
1,000,000.00 09/14/2022

4.13%
996,380.00
996,380.00

98.65 4.62%
986,538.00
8,444.44

0.83%
(9,842.00)
A2 / A
A

2.30 2.14
023135CN4 Amazon.com Inc Note

4.6% Due 12/1/2025
425,000.00 11/29/2022

4.60%
424,974.50
424,974.50
100.29

4.48%
426,226.98
9,775.00

0.36%
1,252.48
A1 / AA
AA-

2.51 2.29
857477BR3 State Street Bank Callable Note Cont
2/6/2025

1.746% Due 2/6/2026
335,000.00 02/02/2022

2.98%
335,000.00
335,000.00

93.98 5.54%
314,831.66
1,868.46

0.27%
(20,168.34)
A1 / A
AA-

2.69 1.61
037833BY5 Apple Inc Callable Note Cont
11/23/2025

3.25% Due 2/23/2026
1,000,000.00 02/22/2023

4.72%
959,390.00
959,390.00

97.24 4.33%
972,387.00
8,847.22

0.82%
12,997.00
Aaa / AA+
NR

2.74 2.55
57629W6F2 Mass Mutual Global funding Note

4.5% Due 4/10/2026
750,000.00 04/04/2023

4.52%
749,482.50
749,482.50

98.99 4.88%
742,443.00
4,593.75

0.63%
(7,039.50)
Aa3 / AA+
AA+

2.86 2.63
61747YET8 Morgan Stanley Callable Note Cont
7/17/2025

4.679% Due 7/17/2026
1,000,000.00 09/14/2022

5.38%
994,030.00
994,030.00

98.89 5.23%
988,873.00
17,416.28

0.84%
(5,157.00)
A1 / A-
A+

3.13 1.97
665859AW4 Northern Trust Company Callable Note
Cont 4/10/2027
4% Due 5/10/2027
1,000,000.00 09/14/2022

4.23%
990,460.00
990,460.00

97.22 4.78%
972,179.00
2,333.33

0.82%
(18,281.00)
A2 / A+
A+

3.95 3.59
341081GN1 Florida Power and Light Callable Note
Cont 3/15/2028

4.4% Due 5/15/2028
1,500,000.00 05/22/2023

4.64%
1,484,025.00
1,484,025.00

99.21 4.58%
1,488,084.00
2,383.33

1.25%
4,059.00
Aa2 / A+
AA-

4.96 4.40
Total Corporate 28,520,000.00 2.62%
28,658,021.85
28,658,021.85 5.05%
27,769,090.07
200,656.59

23.41%
(888,931.78)
A1 / A+
A+

1.74 1.57
Execution Time: 6/1/2023 10:06:37 PMChandler Asset Management - CONFIDENTIAL Page 9 194 Holdings Report
As of May 31, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

MONEY MARKET FUND
60934N104 Federated Investors Government
Obligations Fund
403,657.96 Various

4.90%
403,657.96
403,657.96

1.00 4.90%
403,657.96

0.00 0.34%

0.00 Aaa / AAA
AAA

0.00 0.00
Total Money Market Fund 403,657.96 4.90%
403,657.96
403,657.96 4.90%
403,657.96

0.00 0.34%

0.00 Aaa / AAA
AAA

0.00 0.00

SUPRANATIONAL
459058JM6 Intl. Bank Recon & Development Note

0.25% Due 11/24/2023
750,000.00 11/17/2020

0.32%
748,387.50
748,387.50

97.56 5.45%
731,721.75

36.46 0.61%
(16,665.75)
Aaa / AAA
AAA

0.48 0.47
4581X0DZ8 Inter-American Dev Bank Note

0.5% Due 9/23/2024
1,585,000.00 09/15/2021

0.52%
1,583,827.10
1,583,827.10

94.46 4.91%
1,497,191.00
1,496.94

1.25%
(86,636.10)
Aaa / AAA
NR

1.32 1.28
Total Supranational 2,335,000.00 0.46%
2,332,214.60
2,332,214.60 5.09%
2,228,912.75
1,533.40

1.87%
(103,301.85)
Aaa / AAA
AAA

1.04 1.01

US TREASURY
91282CBA8 US Treasury Note

0.125% Due 12/15/2023
2,000,000.00 01/06/2021

0.20%
1,995,781.25
1,995,781.25

97.26 5.32%
1,945,234.00
1,153.85

1.63%
(50,547.25)
Aaa / AA+
AAA

0.54 0.53
91282CBE0 US Treasury Note

0.125% Due 1/15/2024
2,000,000.00 01/12/2021

0.24%
1,992,890.63
1,992,890.63

96.82 5.37%
1,936,484.00
946.13

1.62%
(56,406.63)
Aaa / AA+
AAA

0.63 0.61
9128285Z9 US Treasury Note

2.5% Due 1/31/2024
2,000,000.00 09/13/2019

1.72%
2,065,631.70
2,065,631.70

98.21 5.26%
1,964,140.00
16,712.71

1.66%
(101,491.70)
Aaa / AA+
AAA

0.67 0.65
91282CBR1 US Treasury Note

0.25% Due 3/15/2024
2,000,000.00 06/28/2021

0.40%
1,991,875.00
1,991,875.00

96.18 5.24%
1,923,594.00
1,059.78

1.61%
(68,281.00)
Aaa / AA+
AAA

0.79 0.77
91282CBV2 US Treasury Note

0.375% Due 4/15/2024
1,100,000.00 04/28/2021

0.36%
1,100,644.53
1,100,644.53

95.86 5.28%
1,054,453.40
529.71

0.88%
(46,191.13)
Aaa / AA+
AAA

0.88 0.85
91282CCC3 US Treasury Note

0.25% Due 5/15/2024
1,000,000.00 05/12/2021

0.36%
996,875.00
996,875.00

95.36 5.29%
953,594.00
115.49

0.80%
(43,281.00)
Aaa / AA+
AAA

0.96 0.93
91282CCT6 US Treasury Note

0.375% Due 8/15/2024
2,000,000.00 08/26/2021

0.46%
1,995,234.38
1,995,234.38

94.64 5.00%
1,892,734.00
2,196.13

1.59%
(102,500.38)
Aaa / AA+
AAA

1.21 1.18
Execution Time: 6/1/2023 10:06:37 PMChandler Asset Management - CONFIDENTIAL Page 10 195 Holdings Report
As of May 31, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
91282CCX7 US Treasury Note

0.375% Due 9/15/2024
1,800,000.00 09/10/2021

0.44%
1,796,484.38
1,796,484.38

94.38 4.92%
1,698,820.20
1,430.71

1.42%
(97,664.18)
Aaa / AA+
AAA

1.30 1.26
912828YM6 US Treasury Note

1.5% Due 10/31/2024
1,700,000.00 09/24/2021

0.55%
1,749,273.44
1,749,273.44

95.50 4.83%
1,623,500.00
2,217.39

1.36%
(125,773.44)
Aaa / AA+
AAA

1.42 1.37
91282CDH1 US Treasury Note

0.75% Due 11/15/2024
2,000,000.00 11/29/2021

0.81%
1,996,328.13
1,996,328.13

94.36 4.81%
1,887,188.00
692.93

1.58%
(109,140.13)
Aaa / AA+
AAA

1.46 1.42
91282CDN8 US Treasury Note
1% Due 12/15/2024
900,000.00 12/29/2021

0.99%
900,386.72
900,386.72

94.48 4.75%
850,359.60
4,153.85

0.72%
(50,027.12)
Aaa / AA+
AAA

1.55 1.49
912828Z52 US Treasury Note

1.375% Due 1/31/2025
2,000,000.00 06/04/2021

0.51%
2,062,500.00
2,062,500.00

94.81 4.64%
1,896,250.00
9,191.99

1.59%
(166,250.00)
Aaa / AA+
AAA

1.67 1.61
912828ZC7 US Treasury Note

1.125% Due 2/28/2025
1,200,000.00 02/09/2022

1.59%
1,183,359.38
1,183,359.38

94.25 4.58%
1,131,000.00
3,411.68

0.95%
(52,359.38)
Aaa / AA+
AAA

1.75 1.69
912828ZF0 US Treasury Note

0.5% Due 3/31/2025
2,000,000.00 03/03/2021

0.54%
1,997,031.25
1,997,031.25

93.01 4.51%
1,860,234.00
1,693.99

1.56%
(136,797.25)
Aaa / AA+
AAA

1.84 1.79
912828ZL7 US Treasury Note

0.375% Due 4/30/2025
2,000,000.00 04/12/2021

0.66%
1,977,343.75
1,977,343.75

92.56 4.47%
1,851,250.00
652.17

1.55%
(126,093.75)
Aaa / AA+
AAA

1.92 1.87
912828ZT0 US Treasury Note

0.25% Due 5/31/2025
1,800,000.00 10/14/2021

0.78%
1,765,757.81
1,765,757.81

92.09 4.42%
1,657,688.40

12.30 1.39%
(108,069.41)
Aaa / AA+
AAA

2.00 1.95
91282CAB7 US Treasury Note

0.25% Due 7/31/2025
2,000,000.00 12/02/2021

1.06%
1,942,031.25
1,942,031.25

91.66 4.32%
1,833,282.00
1,671.27

1.54%
(108,749.25)
Aaa / AA+
AAA

2.17 2.12
91282CAJ0 US Treasury Note

0.25% Due 8/31/2025
1,000,000.00 03/22/2022

2.42%
928,828.13
928,828.13

91.42 4.29%
914,180.00
631.79

0.77%
(14,648.13)
Aaa / AA+
AAA

2.25 2.20
9128285C0 US Treasury Note
3% Due 9/30/2025
3,250,000.00 Various

2.90%
3,259,882.81
3,259,882.81

97.23 4.26%
3,159,864.50
16,516.39

2.66%
(100,018.31)
Aaa / AA+
AAA

2.34 2.21
9128285J5 US Treasury Note
3% Due 10/31/2025
2,500,000.00 06/23/2022

3.02%
2,498,632.81
2,498,632.81

97.18 4.24%
2,429,492.50
6,521.74

2.04%
(69,140.31)
Aaa / AA+
AAA

2.42 2.29
912828M56 US Treasury Note

2.25% Due 11/15/2025
2,500,000.00 06/23/2022

3.11%
2,431,152.34
2,431,152.34

95.43 4.23%
2,385,840.00
2,598.51

2.00%
(45,312.34)
Aaa / AA+
AAA

2.46 2.35
9128285T3 US Treasury Note

2.625% Due 12/31/2025
2,500,000.00 09/14/2022

3.76%
2,412,792.97
2,412,792.97

96.26 4.17%
2,406,445.00
27,555.25

2.04%
(6,347.97)
Aaa / AA+
AAA

2.59 2.43
9128286L9 US Treasury Note

2.25% Due 3/31/2026
2,500,000.00 09/14/2022

3.74%
2,377,832.03
2,377,832.03

95.19 4.06%
2,379,687.50
9,528.69

2.00%
1,855.47
Aaa / AA+
AAA

2.84 2.69
Execution Time: 6/1/2023 10:06:37 PMChandler Asset Management - CONFIDENTIAL Page 11 196 Holdings Report
As of May 31, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
91282CEF4 US Treasury Note

2.5% Due 3/31/2027
2,500,000.00 11/17/2022

4.02%
2,349,414.06
2,349,414.06

94.98 3.92%
2,374,512.50
10,587.43

2.00%
25,098.44
Aaa / AA+
AAA

3.84 3.59
91282CEW7 US Treasury Note

3.25% Due 6/30/2027
1,300,000.00 12/12/2022

3.87%
1,266,687.50
1,266,687.50

97.57 3.90%
1,268,464.60
17,740.33

1.08%
1,777.10
Aaa / AA+
AAA

4.08 3.73
91282CFH9 US Treasury Note

3.125% Due 8/31/2027
2,500,000.00 01/24/2023

3.65%
2,445,117.19
2,445,117.19

97.07 3.88%
2,426,757.50
19,743.55

2.05%
(18,359.69)
Aaa / AA+
AAA

4.25 3.90
91282CFM8 US Treasury Note

4.125% Due 9/30/2027
1,600,000.00 02/22/2023

4.19%
1,595,500.00
1,595,500.00
100.98

3.88%
1,615,688.00
11,180.33

1.36%
20,188.00
Aaa / AA+
AAA

4.34 3.91
Total US Treasury 51,650,000.00 1.85%
51,075,268.44
51,075,268.44 4.54%
49,320,737.70
170,446.09

41.42%
(1,754,530.74)
Aaa / AA+
AAA

2.09 1.98
TOTAL PORTFOLIO 123,197,689.88 1.99%
122,759,279.12
122,759,279.12 4.89%
118,963,925.91
517,365.32
100.00%
(3,795,353.21)
Aa1 / AA
AAA

1.79 1.57
TOTAL MARKET VALUE PLUS ACCRUED 119,481,291.23
Execution Time: 6/1/2023 10:06:37 PMChandler Asset Management - CONFIDENTIAL Page 12 197

198

STAGECOACH SWEEP
WELLS FARGO BANK, N.A.

THIS STATEMENT COVERS 05/01/2023 THROUGH 05/31/2023

FOR QUESTIONS, PLEASE CALL YOUR CUSTOMER SERVICE OFFICER OR CUSTOMER CARE FOR BUSINESS (CC4B) SERVICE OFFICE AT 1-800-AT-WELLS (1-800-289-3557).

ALLSPRING GOVERNMENT FUND SELECT CLS
Transaction Detail
Daily Balance Information
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 05-01 92,926,840.61 4.747 % .000130079 12,087.83
05-02 93,802,428.34 4.742 % .000129941 12,188.78
05-03 93,284,621.88 4.745 % .000130001 12,127.09
05-04 92,116,947.10 4.942 % .000135417 12,474.20
05-05 92,106,175.21 4.966 % .000136082 12,533.99

Page 1 of 2 ends

CITY OF MURRIETA

GENERAL OPERATING ACCOUNT
1 TOWN SQ
MURRIETA CA 92562-7922
5-01-2023 Beginning Balance 93,043,468.95
5-01-2023 Sweep Funds Return To DDA 116,628.34
5-02-2023 Next Day Sweep Purchase 875,587.73
5-03-2023 Sweep Funds Return To DDA 517,806.46
5-04-2023 Sweep Funds Return To DDA 1,167,674.78
5-05-2023 Sweep Funds Return To DDA 10,771.89
5-08-2023 Sweep Funds Return To DDA 379,018.29
5-09-2023 Next Day Sweep Purchase 168,717.58
5-10-2023 Sweep Funds Return To DDA 157,124.16
5-11-2023 Sweep Funds Return To DDA 50,647.00
5-12-2023 Next Day Sweep Purchase 30,470.94
5-15-2023 Next Day Sweep Purchase 159,541.45
5-16-2023 Sweep Funds Return To DDA 638,350.00
5-17-2023 Sweep Funds Return To DDA 2,392,898.80
5-18-2023 Next Day Sweep Purchase 193,738.15
5-19-2023 Sweep Funds Return To DDA 58,277.78
5-22-2023 Sweep Funds Return To DDA 510,633.63
5-23-2023 Sweep Funds Return To DDA 143,344.01
5-24-2023 Next Day Sweep Purchase 15,857,450.14
5-25-2023 Next Day Sweep Purchase 3,188,983.64
5-26-2023 Sweep Funds Return To DDA 29,649.58
5-30-2023 Next Day Sweep Purchase 77,185.94
5-31-2023 Next Day Sweep Purchase 4,487,615.42
5-31-2023 Ending Balance 111,909,935.22

FUND SUMMARY
Dividends Earned YTD 1,711,813.07
Federal Withholding YTD .00
7-Day Simple Yield 5.00817 %
Federal Withholding .00
Beginning Balance 93,043,468.95
Shares Purchased 25,039,290.99 +
Shares Redeemed 6,172,824.72 -
Ending Balance 111,909,935.22
Prior Month Dividends Paid to Checking 355,982.14
Dividends Earned in Current Month 401,421.08
Funds Pending Redemption 1,853,719.37-
199

STAGECOACH SWEEP
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 05-06* 91,727,156.92 4.966 % .000136082 12,482.41
05-07* 91,727,156.92 4.966 % .000136082 12,482.41
05-08 91,727,156.92 4.967 % .000136092 12,483.33
05-09 91,895,874.50 4.964 % .000136004 12,498.21
05-10 91,738,750.34 4.971 % .000136212 12,495.92
05-11 91,688,103.34 4.973 % .000136254 12,492.87
05-12 91,718,574.28 4.973 % .000136266 12,498.12
05-13* 91,718,574.28 4.973 % .000136266 12,498.12
05-14* 91,718,574.28 4.973 % .000136266 12,498.12
05-15 91,878,115.73 4.973 % .000136264 12,519.68
05-16 91,239,765.73 4.977 % .000136373 12,442.64
05-17 88,846,866.93 4.970 % .000136171 12,098.37
05-18 89,040,605.08 4.973 % .000136249 12,131.69
05-19 88,982,327.30 4.972 % .000136239 12,122.86
05-20* 88,471,693.67 4.972 % .000136239 12,053.30
05-21* 88,471,693.67 4.972 % .000136239 12,053.30
05-22 88,471,693.67 4.979 % .000136417 12,069.04
05-23 88,328,349.66 4.997 % .000136929 12,094.71
05-24 104,185,799.80 4.999 % .000136966 14,269.91
05-25 107,374,783.44 4.996 % .000136895 14,699.07
05-26 107,345,133.86 5.007 % .000137199 14,727.65
05-27* 107,345,133.86 5.007 % .000137199 14,727.65
05-28* 107,345,133.86 5.007 % .000137199 14,727.65
05-29* 107,345,133.86 5.007 % .000137199 14,727.65
05-30 107,422,319.80 5.001 % .000137034 14,720.51
05-31 111,909,935.22 5.020 % .000137557 15,393.99
TOTAL MTD 401,421.07
* Indicates non-business day
THANK YOU FOR BANKING WITH WELLS FARGO.

MONEY MARKET MUTUAL FUNDS (EACH, A "MMMF") ARE NOT FDIC INSURED, HAVE NO BANK GUARANTY AND MAY LOSE VALUE.

An Investment in a MMMF is not insured by the Federal Deposit Insurance Corporation or any other government agency. Although the MMMF's seek to preserve the value of customer's investment at $1.00 per share, it is possible to lose money by investing in a MMMF.

Allspring Funds Management, LLC, a wholly owned subsidiary of Allspring Global Investments Holdings, LLC ("Allspring Global"), provides investment advisory and administrative services for the Allspring Funds?. Other subsidiaries of Allspring Global provide sub-advisory and other services for the funds. The funds are distributed by Allspring Funds Distributor, LLC, Member FINRA/SIPC, a subsidiary of Allspring Global.

This material must be accompanied or preceded by a current prospectus for name of the Fund(s) selected. Please read the prospectus carefully before investing.
05/01/2023 - 05/31/2023

Page 2 of 2 ends

Account Number - DDA
200

CITY OF MURRIETA
City Council Meeting Agenda
Report
8/15/2023
Agenda Item No. 3.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Javier Carcamo, Finance Director
PREPARED BY: Geovanny Calvopina, Financial Analyst
SUBJECT: Monthly Investment Transaction Report for June 2023

RECOMMENDATION
Receive and file the Monthly Investment Transaction Report for June 2023.

PRIOR ACTION/VOTE
No prior action.

CITY COUNCIL GOAL
Maintain a high performing organization that values fiscal sustainability, transparency, accountability and organizational efficiency.

BACKGROUND
This report is filed with the City Council in compliance with Government Code Section 53607, which states that a monthly report of transactions related to the purchase, sale, or exchange of securities is made monthly to the legislative body. The City of Murrieta (City) has both long-term and short-term investments. The City’s managed investment portfolio is for longer-term investments, managed through Chandler Asset Management.

The Local Agency Investment Fund (LAIF), managed by the California State Treasurer, is used for short-term investments and functions more like a savings account to facilitate cash flow.

This report includes funds under management with Chandler Asset Management, funds deposited with LAIF, and earnings from the Wells Fargo Cash Sweep Program. Bond funds held by the City’sTrustee are not included in this report but are on file and available upon request.

The transactions in the long-term investment portfolio for June 2023 include dispositions of $7,900,895.34 in investment sales, which also includes a withdrawal for bank fees of $291.67. Subsequently, these proceeds, together with the monthly interest earnings, were reinvested in security and money market fund purchases totaling $8,120,715.75.

The California State Treasurer allocates and reinvests LAIF interest earnings on a quarterly basis. Quarterly interest earnings are reflected in the statement one month following the end of the quarter. This account's last interest earnings deposit was in April 2023, for the prior quarter. There are no LAIF transactions to report for CITY OF MURRIETA Printed on 1/22/2024Page 1 of 2
powered by Legistar™
201
8/15/2023
Agenda Item No. 3.
interest earnings deposit was in April 2023, for the prior quarter. There are no LAIF transactions to report for the month of June.

As of June 30, 2023, the City’sTotal Ending Book Value (or what the City actually paid for the investments) for both investment accounts (long and short-term accounts) is $149,321,056.96. Both accounts combined had an overall increase of $150,726.93 or 0.10% when compared to the prior month, which includes any deposits, dispositions, applicable interest earning, and less any realized gain/loss or monthly fees charged to the account.

The City is also earning monthly dividends in the General Checking account. The Wells Fargo “CashSweep Program” allows the City to earn a return on uninvested cash balances in our General Checking Account by automatically "sweeping" cash balances into a Sweep investment vehicle until such balances are otherwise needed to satisfy obligations arising in the account.

The total earnings from the Cash Sweep Program for the month of June were $419,718.92.

Included, as Attachments 1 and 2, are the investment portfolio account and LAIF regular monthly statements, respectively, which outline all transactions associated with the respective accounts. Additionally, Attachment 3 is a summary of daily transactions associated with the Wells Fargo Cash Sweep Program.

This report also includes a statement of compliance with state law and the City’sinvestment policy for the various investment categories.

FISCAL IMPACT
There is no fiscal impact associated with the recommended action. Interest earnings projections are included in the Fiscal Year 2022/23 Operating Budget.

ATTACHMENTS
1) Chandler Asset Management Monthly Account Statement for June 2023 2) Local Agency Investment Fund (LAIF) June 2023
3) Wells Fargo Cash Sweep Program June 2023 Statement
CITY OF MURRIETA Printed on 1/22/2024Page 2 of 2
powered by Legistar™
202
City of Murrieta - Account

MONTHLY ACCOUNT STATEMENT
JUNE 1, 2023 THROUGH JUNE 30, 2023
Information contained herein is confidential. We urge you to compare this statement to the one you receive from your qualified custodian. Please see Important Disclosures.

CHANDLER ASSET MANAGEMENT
chandlerasset.com
Chandler Team:

Custodian
US Bank
203

ACCOUNT SUMMARY
Beg. Values
as of 5/31/23
End Values
as of 6/30/23
Market Value 118,963,926 118,756,914
Accrued Interest 517,365 493,143
Total Market Value 119,481,291 119,250,057
Income Earned 186,035 195,939
Cont/WD -292
Par 123,197,690 123,565,885
Book Value 122,759,279 122,910,006
Cost Value 122,759,279 122,910,006

TOP ISSUERS
Government of United States 42.3%
Federal Home Loan Mortgage Corp 11.6%
Federal Farm Credit Bank 4.9%
Federal National Mortgage Assoc 4.8%
Federal Home Loan Bank 3.7%
Procter & Gamble Company 1.6%
Microsoft 1.5%
Caterpillar Inc 1.5%
Total 72.0%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 1.61
Average Coupon 1.95%
Average Purchase YTM 2.08%
Average Market YTM 5.12%
Average S&P/Moody Rating AA/Aa1
Average Final Maturity 1.84 yrs
Average Life 1.72 yrs

CREDIT QUALITY (S&P)

MATURITY DISTRIBUTION

SECTOR ALLOCATION
Portfolio Summary
As of June 30, 2023
City of Murrieta

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 1/31/2020 City of Murrieta -0.19% 0.04% 1.48% 1.01% -1.10% -0.62% N/A N/A 0.12% ICE BofA 1-3 Yr US Treasury Index -0.48% -0.57% 0.97% 0.13% -1.60% -1.04% N/A N/A -0.23% Execution Time: 7/8/2023 11:41:30 AMChandler Asset Management - CONFIDENTIAL Page 1 204 Category Standard Comment
U.S. Treasuries No limit; 5 years max maturity Complies Federal Agencies 30% max per Agency/GSE issuer; 20% max agency callable securities; 5 years max maturity Complies Municipal Securities (CA, Other States) "A" rating category or better by a NRSRO; 30% max; 5% max per issuer; 5 years max maturity Complies Supranational Obligations "AA" rating category or higher by a NRSRO; 30% max; 10% max per issuer; 5 years max maturity; USD denominated senior unsecured unsubordinated obligations; Issued or unconditionally guaranteed by IBRD, IFC, or IADB Complies Corporate Medium Term Notes
"A" rating category or higher by a NRSRO; 30% max; 5% max per issuer in Medium Term Notes and Commercial Paper; 5 years max maturity; Issued by corporations organized and operating within the U.S. or by depository institutions licensed by the U.S. or any state and operating within the U.S.

Complies
Asset-Backed Securities, Mortgage-Backed
Securities, Collateralized Mortgage
Obligations, Pass-Through Securities
"AA" rating category or higher by a NRSRO; 20% max (total aggregate in mortgage-backed and asset-backed securities); 5% max per issuer that is not a U.S. government agency; Mortgage-Backed Securities, Collateralized Mortgage Obligations and Asset-Backed Securities limited to mortgage-backed pass-through securities issued by a U.S. government agency or consumer receivable pass-through certificates or bonds; 5 years max maturity Complies
Negotiable Certificates of Deposit (NCD)
The amount of NCD insured up to the FDIC limit does not require any credit ratings; Any amount above FDIC insured limit must be issued by institutions with "A-1" short-term debt rating or better by a NRSRO; or "A" long-term rating category or better by a NRSRO; 30% max (combined with CDARS); 5% max per issuer; 5 years max maturity Complies
Certificate of Deposit Placement Service
(CDARS) 30% max (combination of Certificates of Deposit, including CDARS); 5 years max maturity Complies Time Deposits (Non-negotiable CD/TD) 20% max combined FDIC & Collateralized CD/TD; 5 years max maturity Complies Collateralized Bank Deposits Deposits with financial institutions will be collateralized with pledged securities per California Government Code Complies Banker’s Acceptances
"A-1" rated or higher by a NRSRO; "A" rating category or higher by a NRSRO, if issuers have senior debt outstanding; 30% max; 5% max in bankers acceptance of any one commercial bank; 180 days max maturity; Issued by FDIC insured commercial banks.

Complies
Commercial Paper
25% max; 40% max if the Agency’s investment assets under management are greater than $100 million, under a provision sunsetting on January 1, 2026; 5% max per issuer in Commercial Paper and Medium Term Notes; 270 days maturity; Prime Commercial Paper with the highest rating by a NRSRO; The entity that issues the commercial paper shall meet all of the conditions in either 1) or 2): 1) (a) be organized and operating in the U.S. as a general corporation, (b) have total assets in excess of $500 million, and (c) have debt other than commercial paper, if any, that has "A" rating category or higher by a NRSRO; 2) (a) be organized within the U.S. as a special purpose corporation, trust, or limited liability company; (b) have program-wide credit enhancements including, but not limited to, overcollateralization, letters of credit, or surety bond; and (c) have commercial paper that has "A-1" rating category or higher by a NRSRO.

Complies
Money Market Funds
"AAA" rating category by two NRSROs; 20% max (aggregate investment in combination of Money Market Funds and Mutual Funds); Investment in any individual fund may not exceed 10% of the fund; Registered under the Investment Company Act of 1940; "no load"; constant net asset value per share $1; invest only in securities authorized by California statute.

Complies
Statement of Compliance
As of June 30, 2023
City of Murrieta
Assets managed by Chandler Asset Management are in full compliance with state law and the Client's investment policy. 205
Mutual Funds
"AAA" rating category by two NRSROs; 20% max (aggregate investment in combination of Mutual Funds and Money Market Funds); Investment in any individual Mutual Fund shall not exceed 10% of the portfolio; Investment in any individual fund may not exceed 10% of the fund; Registered under the Investment Company Act of 1940; "no load"; invest only in securities authorized by California statute.

Complies
Local Agency Investment Fund (LAIF) Maximum amount permitted by LAIF, pursuant to California Government Code; Not used by investment adviser Complies Repurchase Agreements 20% max; 1 year max maturity; 102% collateralized; Not used by investment adviser Complies Max Per Issuer 5% max per issuer for all non-federal government securities, with the exception of Money Market Funds, Mutual Funds, Supranationals, LAIF, or unless otherwise specified in the investment policy Complies Maximum Maturity 5 years max maturity, unless the City Council has by resolution granted authority to make such an investment at least 3 months prior to the date of the investment Complies
206

BOOK VALUE RECONCILIATION
BEGINNING BOOK VALUE $122,759,279.12
Acquisition
+ Security Purchases $4,121,625.70
+ Money Market Fund Purchases $3,999,090.05
+ Money Market Contributions $0.00
+ Security Contributions $0.00
+ Security Transfers $0.00
Total Acquisitions $8,120,715.75
Dispositions
- Security Sales $0.00
- Money Market Fund Sales $4,132,205.23
- MMF Withdrawals $291.67
- Security Withdrawals $0.00
- Security Transfers $0.00
- Other Dispositions $0.00
- Maturities $3,350,000.00
- Calls $0.00
- Principal Paydowns $418,398.44
Total Dispositions $7,900,895.34
Amortization/Accretion
+/- Net Accretion $50.02
$50.02
Gain/Loss on Dispositions
+/- Realized Gain/Loss ($69,143.50)
($69,143.50)
ENDING BOOK VALUE $122,910,006.05

CASH TRANSACTION SUMMARY
BEGINNING BALANCE $403,657.96
Acquisition
Contributions $0.00
Security Sale Proceeds $0.00
Accrued Interest Received $0.00
Interest Received $227,714.22
Dividend Received $2,977.39
Principal on Maturities $3,350,000.00
Interest on Maturities $0.00
Calls/Redemption (Principal) $0.00
Interest from Calls/Redemption $0.00
Principal Paydown $418,398.44
Total Acquisitions $3,999,090.05
Dispositions
Withdrawals $291.67
Security Purchase $4,121,625.70
Accrued Interest Paid $10,579.53
Total Dispositions $4,132,496.90
ENDING BOOK VALUE $270,251.11
Reconciliation Summary
As of June 30, 2023
City of Murrieta
Execution Time: 7/8/2023 11:41:30 AMChandler Asset Management - CONFIDENTIAL Page 3 207 Holdings Report
As of June 30, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
43813RAC1 Honda Auto Receivables 2020-1 A3

1.61% Due 4/22/2024
7,301.88 02/19/2020

1.62%
7,300.45
7,300.45

99.78 6.62%
7,285.97

3.27 0.01%
(14.48)
Aaa / NR
AAA

0.81 0.04
47789KAC7 John Deere Owner Trust 2020-A A3

1.1% Due 8/15/2024
3,683.93 03/04/2020

1.11%
3,683.71
3,683.71

99.83 7.52%
3,677.51

1.80 0.00%
(6.20)
Aaa / NR
AAA

1.13 0.03
89237VAB5 Toyota Auto Receivables Trust 2020-C
A3

0.44% Due 10/15/2024
57,901.09 07/21/2020

0.44%
57,896.64
57,896.64

99.31 6.03%
57,503.71

11.32 0.05%
(392.93)
Aaa / AAA
NR

1.30 0.12
36262XAC8 GM Financial Auto Lease Trust 2021-3
A2

0.39% Due 10/21/2024
433,120.97 08/10/2021

0.39%
433,115.08
433,115.08

98.59 5.86%
427,028.69

51.61 0.36%
(6,086.39)

NR / AAA
AAA

1.31 0.25
47787NAC3 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
22,165.67 07/14/2020

0.52%
22,162.29
22,162.29

99.28 5.17%
22,006.41

5.02 0.02%
(155.88)
Aaa / NR
AAA

1.38 0.15
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-
B A3

0.4% Due 11/15/2024
329,307.48 06/22/2021

0.40%
329,282.63
329,282.63

98.41 6.13%
324,083.35

58.54 0.27%
(5,199.28)

NR / AAA
AAA

1.38 0.27
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
136,899.40 09/08/2021

0.34%
136,885.27
136,885.27

98.70 6.39%
135,126.28

7.53 0.11%
(1,758.99)
Aaa / NR
AAA

1.49 0.21
89236XAC0 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
83,058.66 10/06/2020

0.36%
83,043.19
83,043.19

98.94 6.01%
82,176.74

12.92 0.07%
(866.45)

NR / AAA
AAA

1.55 0.19
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
265,553.83 01/11/2022

1.11%
265,514.12
265,514.12

98.29 5.84%
261,012.86

48.68 0.22%
(4,501.26)

NR / AAA
AAA

1.74 0.36
43813GAC5 Honda Auto Receivables Trust 2021-1
A3

0.27% Due 4/21/2025
101,080.36 02/17/2021

0.27%
101,078.51
101,078.51

97.65 6.18%
98,707.70

7.58 0.08%
(2,370.81)
Aaa / NR
AAA

1.81 0.39
89240BAC2 Toyota Auto Receivables Owners 2021-
A A3

0.26% Due 5/15/2025
367,224.86 02/02/2021

0.27%
367,156.70
367,156.70

97.82 5.87%
359,209.81

42.43 0.30%
(7,946.89)
Aaa / NR
AAA

1.88 0.39
47788UAC6 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
200,613.66 03/02/2021

0.37%
200,575.11
200,575.11

97.07 6.12%
194,741.30

32.10 0.16%
(5,833.81)
Aaa / NR
AAA

2.21 0.50
44933LAC7 Hyundai Auto Receivables Trust 2021-A
A3

0.38% Due 9/15/2025
254,513.15 04/20/2021

0.38%
254,486.37
254,486.37

97.38 6.00%
247,838.80

42.98 0.21%
(6,647.57)

NR / AAA
AAA

2.21 0.46
05593AAC3 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
155,000.00 02/07/2023

5.22%
154,996.31
154,996.31

99.33 5.75%
153,958.09
133.30

0.13%
(1,038.22)
Aaa / AAA
NR

2.41 1.26
Execution Time: 7/8/2023 11:41:30 AMChandler Asset Management - CONFIDENTIAL Page 4 208 Holdings Report
As of June 30, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
ABS
44934KAC8 Hyundai Auto Receivables Trust 2021-B
A3

0.38% Due 1/15/2026
699,076.79 07/20/2021

0.39%
698,922.50
698,922.50

96.75 5.98%
676,338.62
118.07

0.57%
(22,583.88)

NR / AAA
AAA

2.55 0.58
43815GAC3 Honda Auto Receivables Trust 2021-4
A3

0.88% Due 1/21/2026
330,000.00 11/16/2021

0.89%
329,930.44
329,930.44

95.98 5.92%
316,727.73

80.67 0.27%
(13,202.71)
Aaa / NR
AAA

2.56 0.80
47789QAC4 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
359,131.75 07/13/2021

0.52%
359,099.72
359,099.72

95.80 6.12%
344,043.55

83.00 0.29%
(15,056.17)
Aaa / NR
AAA

2.71 0.75
43815PAC3 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
365,000.00 08/15/2022

3.76%
364,978.25
364,978.25

97.37 5.56%
355,406.74
491.63

0.30%
(9,571.51)

NR / AAA
AAA

3.06 1.47
05602RAD3 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
350,000.00 05/10/2022

3.23%
349,981.80
349,981.80

97.22 5.76%
340,275.25
187.25

0.29%
(9,706.55)
Aaa / AAA
NR

3.16 1.10
362554AC1 GM Financial Securitized Term 2021-4
A3

0.68% Due 9/16/2026
250,000.00 10/13/2021

0.68%
249,993.63
249,993.63

95.50 6.14%
238,762.25

70.83 0.20%
(11,231.38)
Aaa / AAA
NR

3.22 0.82
47787JAC2 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
410,000.00 03/10/2022

2.34%
409,909.31
409,909.31

96.32 5.88%
394,925.53
422.76

0.33%
(14,983.78)
Aaa / NR
AAA

3.22 1.04
380146AC4 GM Financial Auto Receivables 2022-1
A3

1.26% Due 11/16/2026
215,000.00 01/11/2022

1.27%
214,981.32
214,981.32

95.52 5.90%
205,369.94
112.88

0.17%
(9,611.38)

NR / AAA
AAA

3.38 0.97
36265WAD5 GM Financial Securitized Auto 2022-3
A3

3.64% Due 4/16/2027
320,000.00 07/06/2022

3.67%
319,997.79
319,997.79

97.11 5.59%
310,749.44
485.33

0.26%
(9,248.35)
Aaa / NR
AAA

3.80 1.51
02582JJT8 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027
905,000.00 05/17/2022

3.42%
904,799.81
904,799.81

96.51 5.43%
873,378.40
1,363.53

0.73%
(31,421.41)

NR / AAA
AAA

3.88 1.75
92348KAV5 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
415,000.00 08/02/2022

3.75%
414,981.74
414,981.74

98.78 5.25%
409,942.81
471.72

0.34%
(5,038.93)

NR / AAA
AAA

4.06 1.09
Total ABS 7,035,633.48 1.75%
7,034,752.69
7,034,752.69 5.81%
6,840,277.48
4,346.75

5.74%
(194,475.21)
Aaa / AAA
AAA

2.73 0.88
AGENCY
3135G05G4 FNMA Note

0.25% Due 7/10/2023
1,755,000.00 07/08/2020

0.32%
1,751,226.75
1,751,226.75

99.91 3.51%
1,753,411.73
2,084.06

1.47%
2,184.98
Aaa / AA+
AAA

0.03 0.03
Execution Time: 7/8/2023 11:41:30 AMChandler Asset Management - CONFIDENTIAL Page 5 209 Holdings Report
As of June 30, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
AGENCY
3137EAEW5 FHLMC Note

0.25% Due 9/8/2023
2,005,000.00 Various

0.26%
2,004,240.85
2,004,240.85

99.09 5.10%
1,986,794.60
1,573.37

1.67%
(17,446.25)
Aaa / AA+
AAA

0.19 0.19
3135G0U43 FNMA Note

2.875% Due 9/12/2023
1,000,000.00 06/26/2019

1.86%
1,040,880.00
1,040,880.00

99.49 5.42%
994,866.00
8,704.86

0.84%
(46,014.00)
Aaa / AA+
AAA

0.20 0.20
3137EAEY1 FHLMC Note

0.125% Due 10/16/2023
1,575,000.00 10/14/2020

0.25%
1,569,125.25
1,569,125.25

98.46 5.43%
1,550,787.53
410.16

1.30%
(18,337.72)
Aaa / AA+
AAA

0.30 0.29
3133EHN25 FFCB Note

2.2% Due 11/1/2023
2,000,000.00 06/20/2019

1.83%
2,031,280.00
2,031,280.00

98.89 5.53%
1,977,894.00
7,333.33

1.66%
(53,386.00)
Aaa / AA+
AAA

0.34 0.33
3137EAEZ8 FHLMC Note

0.25% Due 11/6/2023
2,050,000.00 11/03/2020

0.28%
2,048,155.00
2,048,155.00

98.27 5.28%
2,014,547.30
782.99

1.69%
(33,607.70)
Aaa / AA+
AAA

0.35 0.34
3135G06H1 FNMA Note

0.25% Due 11/27/2023
1,045,000.00 11/23/2020

0.29%
1,043,808.70
1,043,808.70

97.95 5.37%
1,023,623.48
246.74

0.86%
(20,185.22)
Aaa / AA+
AAA

0.41 0.40
3137EAFA2 FHLMC Note

0.25% Due 12/4/2023
1,465,000.00 12/02/2020

0.28%
1,463,549.65
1,463,549.65

97.84 5.41%
1,433,360.40
274.69

1.20%
(30,189.25)
Aaa / AA+
AAA

0.43 0.42
3133EKMX1 FFCB Note

2.23% Due 2/23/2024
2,000,000.00 07/16/2019

1.97%
2,022,820.00
2,022,820.00

98.00 5.42%
1,959,942.00
15,857.78

1.66%
(62,878.00)
Aaa / AA+
AAA

0.65 0.62
3130A1XJ2 FHLB Note

2.875% Due 6/14/2024
2,000,000.00 09/13/2019

1.76%
2,101,140.00
2,101,140.00

97.57 5.52%
1,951,392.00
2,715.28

1.64%
(149,748.00)
Aaa / AA+
NR

0.96 0.92
3135G0V75 FNMA Note

1.75% Due 7/2/2024
2,000,000.00 10/21/2019

1.66%
2,007,660.00
2,007,660.00

96.43 5.44%
1,928,640.00
17,402.78

1.63%
(79,020.00)
Aaa / AA+
AAA

1.01 0.97
3130AQF40 FHLB Note
1% Due 12/20/2024
1,400,000.00 12/21/2021

1.03%
1,398,768.00
1,398,768.00

94.00 5.29%
1,316,046.20
427.78

1.10%
(82,721.80)
Aaa / AA+
AAA

1.48 1.43
3133ENKS8 FFCB Note

1.125% Due 1/6/2025
755,000.00 01/06/2022

1.20%
753,301.25
753,301.25

94.13 5.20%
710,682.26
4,128.91

0.60%
(42,618.99)
Aaa / AA+
AAA

1.52 1.46
3133ENPG9 FFCB Note

1.75% Due 2/14/2025
1,200,000.00 02/25/2022

1.82%
1,197,456.00
1,197,456.00

94.82 5.12%
1,137,828.00
7,991.67

0.96%
(59,628.00)
Aaa / AA+
AAA

1.63 1.56
3130AVVX7 FHLB Note

3.75% Due 6/9/2028
1,120,000.00 06/07/2023

4.00%
1,107,243.20
1,107,243.20

99.30 3.90%
1,112,210.40
6,766.67

0.94%
4,967.20
Aaa / AA+
NR

4.95 4.44
Total Agency 23,370,000.00 1.21%
23,540,654.65
23,540,654.65 5.15%
22,852,025.90
76,701.07

19.23%
(688,628.75)
Aaa / AA+
AAA

0.83 0.79
Execution Time: 7/8/2023 11:41:30 AMChandler Asset Management - CONFIDENTIAL Page 6 210 Holdings Report
As of June 30, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration
CMO
3137BM7C4 FHLMC K051 A2

3.308% Due 9/25/2025
1,223,000.00 06/23/2022

3.33%
1,220,420.23
1,220,420.23

96.15 5.21%
1,175,916.95
3,371.40

0.99%
(44,503.28)

NR / NR
AAA

2.24 1.96
3137BSP72 FHLMC K058 A2

2.653% Due 8/25/2026
2,000,000.00 02/09/2023

4.35%
1,890,546.88
1,890,546.88

93.62 4.87%
1,872,376.00
4,421.67

1.57%
(18,170.88)

NR / NR
AAA

3.16 2.90
3137BTUM1 FHLMC K061 A2

3.347% Due 11/25/2026
900,000.00 09/22/2022

4.37%
867,691.41
867,691.41

95.07 4.99%
855,641.70
2,510.25

0.72%
(12,049.71)

NR / NR
AAA

3.41 2.97
3137BVZ82 FHLMC K063

3.43% Due 1/25/2027
862,000.00 Various

4.09%
839,600.51
839,600.51

95.56 4.82%
823,691.86
2,463.89

0.69%
(15,908.65)

NR / NR
AAA

3.58 3.14
3137F1G44 FHLMC K065 A2

3.243% Due 4/25/2027
1,000,000.00 09/19/2022

4.08%
965,468.75
965,468.75

95.00 4.70%
949,992.00
2,702.50

0.80%
(15,476.75)

NR / NR
AAA

3.82 3.42
3137FBU79 FHLMC K069 A2

3.187% Due 9/25/2027
1,250,000.00 05/18/2023

4.65%
1,200,732.43
1,200,732.43

94.32 4.70%
1,178,988.75
3,319.79

0.99%
(21,743.68)

NR / AAA
NR

4.24 3.75
Total CMO 7,235,000.00 4.16%
6,984,460.21
6,984,460.21 4.88%
6,856,607.26
18,789.50

5.77%
(127,852.95)

NR / AAA
AAA

3.36 3.00

CORPORATE
742718EB1 Procter & Gamble Co Note

3.1% Due 8/15/2023
1,880,000.00 06/27/2019

2.06%
1,957,305.60
1,957,305.60

99.83 4.44%
1,876,745.72
22,016.89

1.59%
(80,559.88)
Aa3 / AA-
NR

0.13 0.12
717081EN9 Pfizer Inc. Callable Note Cont 8/15/2023

3.2% Due 9/15/2023
1,250,000.00 06/26/2019

2.24%
1,298,250.00
1,298,250.00

99.49 5.64%
1,243,583.75
11,777.78

1.05%
(54,666.25)
A1 / A+
A

0.21 0.21
24422EVN6 John Deere Capital Corp Note

0.45% Due 1/17/2024
865,000.00 03/01/2021

0.47%
864,385.85
864,385.85

97.30 5.54%
841,603.48
1,773.25

0.71%
(22,782.37)
A2 / A
A+

0.55 0.53
69371RR24 Paccar Financial Corp Note

0.35% Due 2/2/2024
795,000.00 01/28/2021

0.39%
794,077.80
794,077.80

97.01 5.58%
771,239.84
1,151.65

0.65%
(22,837.96)
A1 / A+
NR

0.59 0.57
594918BX1 Microsoft Callable Note Cont 12/6/2023

2.875% Due 2/6/2024
1,850,000.00 07/18/2019

2.07%
1,914,361.50
1,914,361.50

98.49 5.47%
1,822,022.45
21,422.74

1.55%
(92,339.05)
Aaa / AAA
NR

0.61 0.58
166764BT6 Chevron Corp Callable Note Cont
1/3/2024

2.895% Due 3/3/2024
900,000.00 11/04/2019

1.94%
935,334.00
935,334.00

98.26 5.56%
884,308.50
8,540.25

0.75%
(51,025.50)
Aa2 / AA-
NR

0.68 0.65
808513BN4 Charles Schwab Corp Callable Note
Cont 2/18/2024

0.75% Due 3/18/2024
575,000.00 03/16/2021

0.77%
574,712.50
574,712.50

96.47 5.84%
554,730.68
1,233.85

0.47%
(19,981.82)
A2 / A-
A

0.72 0.69
Execution Time: 7/8/2023 11:41:30 AMChandler Asset Management - CONFIDENTIAL Page 7 211 Holdings Report
As of June 30, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
023135BW5 Amazon.com Inc Note

0.45% Due 5/12/2024
805,000.00 05/10/2021

0.50%
803,824.70
803,824.70

95.87 5.39%
771,776.85
493.06

0.65%
(32,047.85)
A1 / AA
AA-

0.87 0.84
91324PEB4 United Health Group Inc Callable Note
Cont 5/15/2022

0.55% Due 5/15/2024
425,000.00 11/08/2021

0.78%
422,560.50
422,560.50

95.83 5.49%
407,283.88
298.68

0.34%
(15,276.62)
A3 / A+
A

0.88 0.85
24422EVQ9 John Deere Capital Corp Note

0.45% Due 6/7/2024
760,000.00 06/07/2021

0.49%
759,050.00
759,050.00

95.45 5.50%
725,428.36
228.00

0.61%
(33,621.64)
A2 / A
A+

0.94 0.91
06051GJY6 Bank of America Corp Callable Note
Cont 6/14/2023

5.47% Due 6/14/2024
960,000.00 06/07/2021

2.14%
960,064.00
960,064.00

99.85 5.67%
958,562.88
2,479.73

0.81%
(1,501.12)
A1 / A-
AA-

0.96 0.21
89236TJH9 Toyota Motor Credit Corp Note

0.5% Due 6/18/2024
1,140,000.00 06/15/2021

0.54%
1,138,643.40
1,138,643.40

95.28 5.58%
1,086,182.88
205.83

0.91%
(52,460.52)
A1 / A+
A+

0.97 0.94
79466LAG9 Salesforce.com Inc Callable Note Cont
7/15/2022

0.625% Due 7/15/2024
200,000.00 06/29/2021

0.64%
199,898.00
199,898.00

95.19 5.44%
190,379.60
576.39

0.16%
(9,518.40)
A2 / A+
NR

1.04 1.01
91159HHX1 US Bancorp Callable Note Cont
6/28/2024

2.4% Due 7/30/2024
1,000,000.00 11/09/2021

0.85%
1,041,550.00
1,041,550.00

96.46 5.82%
964,551.00
10,066.67

0.82%
(76,999.00)
A3 / A
A

1.08 1.03
69371RR40 Paccar Financial Corp Note

0.5% Due 8/9/2024
245,000.00 08/03/2021

0.52%
244,867.70
244,867.70

94.67 5.52%
231,937.83
483.19

0.19%
(12,929.87)
A1 / A+
NR

1.11 1.07
78016EYM3 Royal Bank of Canada Note

1.6% Due 1/21/2025
1,000,000.00 01/12/2022

1.60%
1,000,000.00
1,000,000.00

94.00 5.67%
940,037.00
7,111.11

0.79%
(59,963.00)
A1 / A
AA-

1.56 1.49
06406RBC0 Bank of NY Mellon Corp Callable Note
Cont 3/25/2025

3.35% Due 4/25/2025
900,000.00 04/19/2022

3.35%
899,874.00
899,874.00

96.16 5.60%
865,409.40
5,527.50

0.73%
(34,464.60)
A1 / A
AA-

1.82 1.72
14913R2V8 Caterpillar Financial Service Note

3.4% Due 5/13/2025
480,000.00 05/10/2022

3.44%
479,390.40
479,390.40

96.82 5.21%
464,718.72
2,176.00

0.39%
(14,671.68)
A2 / A
A+

1.87 1.77
438516CB0 Honeywell Intl Callable Note Cont
5/1/2025

1.35% Due 6/1/2025
1,000,000.00 03/09/2022

2.31%
970,280.00
970,280.00

93.29 5.06%
932,931.00
1,125.00

0.78%
(37,349.00)
A2 / A
A

1.92 1.85
89115A2A9 Toronto-Dominion Bank Note

3.766% Due 6/6/2025
1,000,000.00 06/02/2022

3.70%
1,001,830.00
1,001,830.00

96.95 5.45%
969,521.00
2,615.28

0.82%
(32,309.00)
A1 / A
NR

1.94 1.83
63743HFE7 National Rural Utilities Note

3.45% Due 6/15/2025
1,105,000.00 Various

3.61%
1,099,973.65
1,099,973.65

96.20 5.52%
1,062,987.90
1,694.34

0.89%
(36,985.75)
A2 / A-
A

1.96 1.86
Execution Time: 7/8/2023 11:41:30 AMChandler Asset Management - CONFIDENTIAL Page 8 212 Holdings Report
As of June 30, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

CORPORATE
14913R2Z9 Caterpillar Financial Service Note

3.65% Due 8/12/2025
1,375,000.00 08/08/2022

3.69%
1,373,336.25
1,373,336.25

97.06 5.13%
1,334,531.00
19,377.95

1.14%
(38,805.25)
A2 / A
A+

2.12 1.98
26442UAA2 Duke Energy Progress LLC Callable Note
Cont 5/15/25

3.25% Due 8/15/2025
1,000,000.00 06/23/2022

3.57%
990,710.00
990,710.00

95.92 5.30%
959,241.00
12,277.78

0.81%
(31,469.00)
Aa3 / A
NR

2.13 1.99
437076CR1 Home Depot Callable Note Cont
8/15/2025
4% Due 9/15/2025
1,000,000.00 09/14/2022

4.13%
996,380.00
996,380.00

98.06 4.94%
980,555.00
11,777.78

0.83%
(15,825.00)
A2 / A
A

2.21 2.06
023135CN4 Amazon.com Inc Note

4.6% Due 12/1/2025
425,000.00 11/29/2022

4.60%
424,974.50
424,974.50

99.22 4.95%
421,676.50
1,629.17

0.35%
(3,298.00)
A1 / AA
AA-

2.42 2.25
857477BR3 State Street Bank Callable Note Cont
2/6/2025

1.746% Due 2/6/2026
335,000.00 02/02/2022

2.99%
335,000.00
335,000.00

93.69 5.93%
313,871.55
2,355.89

0.27%
(21,128.45)
A1 / A
AA-

2.61 1.53
037833BY5 Apple Inc Callable Note Cont
11/23/2025

3.25% Due 2/23/2026
1,000,000.00 02/22/2023

4.72%
959,390.00
959,390.00

96.30 4.75%
963,030.00
11,555.56

0.82%
3,640.00
Aaa / AA+
NR

2.65 2.47
57629W6F2 Mass Mutual Global funding Note

4.5% Due 4/10/2026
750,000.00 04/04/2023

4.52%
749,482.50
749,482.50

97.75 5.38%
733,157.25
7,406.25

0.62%
(16,325.25)
Aa3 / AA+
AA+

2.78 2.55
58989V2F0 Met Tower Global Funding Note

5.4% Due 6/20/2026
1,000,000.00 06/12/2023

5.38%
1,000,440.00
1,000,440.00

99.54 5.57%
995,387.00
1,650.00

0.84%
(5,053.00)
Aa3 / AA-
AA-

2.98 2.71
61747YET8 Morgan Stanley Callable Note Cont
7/17/2025

4.679% Due 7/17/2026
1,000,000.00 09/14/2022

5.39%
994,030.00
994,030.00

98.13 5.66%
981,288.00
21,315.44

0.84%
(12,742.00)
A1 / A-
A+

3.05 1.88
665859AW4 Northern Trust Company Callable Note
Cont 4/10/2027
4% Due 5/10/2027
1,000,000.00 09/14/2022

4.23%
990,460.00
990,460.00

96.34 5.05%
963,373.00
5,666.67

0.81%
(27,087.00)
A2 / A+
A+

3.86 3.50
74456QBU9 Public Service El & Gas Callable Note
Cont 02/01/28

3.7% Due 5/1/2028
750,000.00 06/22/2023

4.79%
715,005.00
715,005.00

95.13 4.84%
713,467.50
4,625.00

0.60%
(1,537.50)
A1 / A
NR

4.84 4.33
341081GN1 Florida Power and Light Callable Note
Cont 3/15/2028

4.4% Due 5/15/2028
1,500,000.00 05/22/2023

4.64%
1,484,025.00
1,484,025.00

98.12 4.84%
1,471,818.00
7,883.33

1.24%
(12,207.00)
Aa2 / A+
AA-

4.88 4.31
Total Corporate 30,270,000.00 2.76%
30,373,466.85
30,373,466.85 5.32%
29,397,338.52
210,518.01

24.83%
(976,128.33)
A1 / A+
A+

1.78 1.58
Execution Time: 7/8/2023 11:41:30 AMChandler Asset Management - CONFIDENTIAL Page 9 213 Holdings Report
As of June 30, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

MONEY MARKET FUND
60934N104 Federated Investors Government
Obligations Fund
270,251.11 Various

4.90%
270,251.11
270,251.11

1.00 4.90%
270,251.11

0.00 0.23%

0.00 Aaa / AAA
AAA

0.00 0.00
Total Money Market Fund 270,251.11 4.90%
270,251.11
270,251.11 4.90%
270,251.11

0.00 0.23%

0.00 Aaa / AAA
AAA

0.00 0.00

SUPRANATIONAL
459058JM6 Intl. Bank Recon & Development Note

0.25% Due 11/24/2023
750,000.00 11/17/2020

0.32%
748,387.50
748,387.50

98.02 5.31%
735,120.75
192.71

0.62%
(13,266.75)
Aaa / AAA
AAA

0.40 0.39
4581X0DZ8 Inter-American Dev Bank Note

0.5% Due 9/23/2024
1,585,000.00 09/15/2021

0.52%
1,583,827.10
1,583,827.10

94.22 5.42%
1,493,307.75
2,157.36

1.25%
(90,519.35)
Aaa / AAA
NR

1.24 1.19
Total Supranational 2,335,000.00 0.46%
2,332,214.60
2,332,214.60 5.39%
2,228,428.50
2,350.07

1.87%
(103,786.10)
Aaa / AAA
AAA

0.96 0.93

US TREASURY
91282CBA8 US Treasury Note

0.125% Due 12/15/2023
2,000,000.00 01/06/2021

0.20%
1,995,781.25
1,995,781.25

97.73 5.20%
1,954,532.00
109.29

1.64%
(41,249.25)
Aaa / AA+
AAA

0.46 0.45
91282CBE0 US Treasury Note

0.125% Due 1/15/2024
2,000,000.00 01/12/2021

0.24%
1,992,890.63
1,992,890.63

97.27 5.31%
1,945,312.00
1,153.31

1.63%
(47,578.63)
Aaa / AA+
AAA

0.55 0.53
9128285Z9 US Treasury Note

2.5% Due 1/31/2024
2,000,000.00 09/13/2019

1.72%
2,065,631.70
2,065,631.70

98.34 5.41%
1,966,796.00
20,856.35

1.67%
(98,835.70)
Aaa / AA+
AAA

0.59 0.56
91282CBR1 US Treasury Note

0.25% Due 3/15/2024
2,000,000.00 06/28/2021

0.40%
1,991,875.00
1,991,875.00

96.47 5.39%
1,929,376.00
1,467.39

1.62%
(62,499.00)
Aaa / AA+
AAA

0.71 0.69
91282CBV2 US Treasury Note

0.375% Due 4/15/2024
1,100,000.00 04/28/2021

0.36%
1,100,644.53
1,100,644.53

96.14 5.42%
1,057,503.70
867.83

0.89%
(43,140.83)
Aaa / AA+
AAA

0.79 0.77
91282CCC3 US Treasury Note

0.25% Due 5/15/2024
1,000,000.00 05/12/2021

0.36%
996,875.00
996,875.00

95.62 5.44%
956,211.00
319.29

0.80%
(40,664.00)
Aaa / AA+
AAA

0.88 0.85
91282CCT6 US Treasury Note

0.375% Due 8/15/2024
2,000,000.00 08/26/2021

0.46%
1,995,234.38
1,995,234.38

94.61 5.37%
1,892,188.00
2,817.68

1.59%
(103,046.38)
Aaa / AA+
AAA

1.13 1.09
Execution Time: 7/8/2023 11:41:30 AMChandler Asset Management - CONFIDENTIAL Page 10 214 Holdings Report
As of June 30, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
91282CCX7 US Treasury Note

0.375% Due 9/15/2024
1,800,000.00 09/10/2021

0.44%
1,796,484.38
1,796,484.38

94.25 5.34%
1,696,570.20
1,980.98

1.42%
(99,914.18)
Aaa / AA+
AAA

1.21 1.17
912828YM6 US Treasury Note

1.5% Due 10/31/2024
1,700,000.00 09/24/2021

0.55%
1,749,273.44
1,749,273.44

95.15 5.31%
1,617,522.80
4,296.20

1.36%
(131,750.64)
Aaa / AA+
AAA

1.34 1.29
91282CDH1 US Treasury Note

0.75% Due 11/15/2024
2,000,000.00 11/29/2021

0.81%
1,996,328.13
1,996,328.13

94.05 5.29%
1,881,094.00
1,915.76

1.58%
(115,234.13)
Aaa / AA+
AAA

1.38 1.33
91282CDN8 US Treasury Note
1% Due 12/15/2024
900,000.00 12/29/2021

0.99%
900,386.72
900,386.72

94.11 5.24%
847,019.70
393.44

0.71%
(53,367.02)
Aaa / AA+
AAA

1.46 1.41
912828Z52 US Treasury Note

1.375% Due 1/31/2025
2,000,000.00 06/04/2021

0.51%
2,062,500.00
2,062,500.00

94.31 5.16%
1,886,172.00
11,470.99

1.59%
(176,328.00)
Aaa / AA+
AAA

1.59 1.52
912828ZC7 US Treasury Note

1.125% Due 2/28/2025
1,200,000.00 02/09/2022

1.59%
1,183,359.38
1,183,359.38

93.73 5.09%
1,124,766.00
4,512.23

0.95%
(58,593.38)
Aaa / AA+
AAA

1.67 1.61
912828ZF0 US Treasury Note

0.5% Due 3/31/2025
2,000,000.00 03/03/2021

0.54%
1,997,031.25
1,997,031.25

92.50 5.03%
1,850,000.00
2,513.66

1.55%
(147,031.25)
Aaa / AA+
AAA

1.75 1.70
912828ZL7 US Treasury Note

0.375% Due 4/30/2025
2,000,000.00 04/12/2021

0.66%
1,977,343.75
1,977,343.75

92.01 4.99%
1,840,156.00
1,263.59

1.54%
(137,187.75)
Aaa / AA+
AAA

1.84 1.78
912828ZT0 US Treasury Note

0.25% Due 5/31/2025
1,800,000.00 10/14/2021

0.78%
1,765,757.81
1,765,757.81

91.51 4.94%
1,647,210.60
381.15

1.38%
(118,547.21)
Aaa / AA+
AAA

1.92 1.87
91282CAB7 US Treasury Note

0.25% Due 7/31/2025
2,000,000.00 12/02/2021

1.06%
1,942,031.25
1,942,031.25

91.00 4.84%
1,819,922.00
2,085.64

1.53%
(122,109.25)
Aaa / AA+
AAA

2.09 2.03
91282CAJ0 US Treasury Note

0.25% Due 8/31/2025
1,000,000.00 03/22/2022

2.42%
928,828.13
928,828.13

90.73 4.80%
907,266.00
835.60

0.76%
(21,562.13)
Aaa / AA+
AAA

2.17 2.11
9128285C0 US Treasury Note
3% Due 9/30/2025
3,250,000.00 Various

2.90%
3,259,882.81
3,259,882.81

96.25 4.78%
3,127,998.25
24,508.20

2.64%
(131,884.56)
Aaa / AA+
AAA

2.25 2.13
9128285J5 US Treasury Note
3% Due 10/31/2025
2,500,000.00 06/23/2022

3.02%
2,498,632.81
2,498,632.81

96.18 4.75%
2,404,492.50
12,635.87

2.03%
(94,140.31)
Aaa / AA+
AAA

2.34 2.21
912828M56 US Treasury Note

2.25% Due 11/15/2025
2,500,000.00 06/23/2022

3.11%
2,431,152.34
2,431,152.34

94.48 4.74%
2,361,915.00
7,184.10

1.99%
(69,237.34)
Aaa / AA+
AAA

2.38 2.26
9128285T3 US Treasury Note

2.625% Due 12/31/2025
2,500,000.00 09/14/2022

3.76%
2,412,792.97
2,412,792.97

95.24 4.67%
2,380,957.50
178.33

2.00%
(31,835.47)
Aaa / AA+
AAA

2.51 2.38
9128286L9 US Treasury Note

2.25% Due 3/31/2026
2,500,000.00 09/14/2022

3.74%
2,377,832.03
2,377,832.03

94.10 4.56%
2,352,442.50
14,139.34

1.98%
(25,389.53)
Aaa / AA+
AAA

2.75 2.61
Execution Time: 7/8/2023 11:41:30 AMChandler Asset Management - CONFIDENTIAL Page 11 215 Holdings Report
As of June 30, 2023
City of Murrieta
CUSIP Security Description Par Value/Units Purchase Date Book Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody/S&P
Fitch
Maturity
Duration

US TREASURY
91282CEF4 US Treasury Note

2.5% Due 3/31/2027
2,500,000.00 11/17/2022

4.02%
2,349,414.06
2,349,414.06

93.71 4.33%
2,342,870.00
15,710.38

1.98%
(6,544.06)
Aaa / AA+
AAA

3.75 3.50
91282CEW7 US Treasury Note

3.25% Due 6/30/2027
1,300,000.00 12/12/2022

3.87%
1,266,687.50
1,266,687.50

96.17 4.30%
1,250,234.70
114.81

1.05%
(16,452.80)
Aaa / AA+
AAA

4.00 3.70
91282CFH9 US Treasury Note

3.125% Due 8/31/2027
2,500,000.00 01/24/2023

3.65%
2,445,117.19
2,445,117.19

95.64 4.28%
2,390,917.50
26,112.43

2.03%
(54,199.69)
Aaa / AA+
AAA

4.17 3.81
91282CFM8 US Treasury Note

4.125% Due 9/30/2027
1,600,000.00 02/22/2023

4.19%
1,595,500.00
1,595,500.00

99.44 4.27%
1,591,062.40
16,590.16

1.35%
(4,437.60)
Aaa / AA+
AAA

4.25 3.82
9128283F5 US Treasury Note

2.25% Due 11/15/2027
1,400,000.00 06/07/2023

4.05%
1,298,937.50
1,298,937.50

92.11 4.25%
1,289,477.00
4,023.10

1.08%
(9,460.50)
Aaa / AA+
AAA

4.38 4.08
Total US Treasury 53,050,000.00 1.91%
52,374,205.94
52,374,205.94 4.92%
50,311,985.35
180,437.10

42.34%
(2,062,220.59)
Aaa / AA+
AAA

2.06 1.95
TOTAL PORTFOLIO 123,565,884.59 2.08%
122,910,006.05
122,910,006.05 5.12%
118,756,914.12
493,142.50
100.00%
(4,153,091.93)
Aa1 / AA
AAA

1.84 1.61
TOTAL MARKET VALUE PLUS ACCRUED 119,250,056.62
Execution Time: 7/8/2023 11:41:30 AMChandler Asset Management - CONFIDENTIAL Page 12 216

217

STAGECOACH SWEEP
WELLS FARGO BANK, N.A.

THIS STATEMENT COVERS 06/01/2023 THROUGH 06/30/2023

FOR QUESTIONS, PLEASE CALL YOUR CUSTOMER SERVICE OFFICER OR CUSTOMER CARE FOR BUSINESS (CC4B) SERVICE OFFICE AT 1-800-AT-WELLS (1-800-289-3557).

ALLSPRING GOVERNMENT FUND SELECT CLS
Transaction Detail
Daily Balance Information
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 06-01 110,056,215.85 5.003 % .000137089 15,087.50
06-02 103,694,999.96 5.003 % .000137092 14,215.75
06-03* 103,405,155.19 5.003 % .000137092 14,176.02
06-04* 103,405,155.19 5.003 % .000137092 14,176.02
06-05 103,405,155.19 5.000 % .000137012 14,167.75
06-06 103,355,165.75 5.001 % .000137018 14,161.52

Page 1 of 2 ends

CITY OF MURRIETA

GENERAL OPERATING ACCOUNT
1 TOWN SQ
MURRIETA CA 92562-7922
Account Number - DDA
6-01-2023 Beginning Balance 111,909,935.22
6-01-2023 Sweep Funds Return To DDA 1,853,719.37
6-02-2023 Sweep Funds Return To DDA 6,361,215.89
6-05-2023 Sweep Funds Return To DDA 289,844.77
6-06-2023 Sweep Funds Return To DDA 49,989.44
6-07-2023 Sweep Funds Return To DDA 748,161.29
6-08-2023 Sweep Funds Return To DDA 120,290.43
6-09-2023 Next Day Sweep Purchase 311,789.27
6-12-2023 Next Day Sweep Purchase 40,343.33
6-13-2023 Sweep Funds Return To DDA 347,019.80
6-14-2023 Sweep Funds Return To DDA 442,478.47
6-15-2023 Sweep Funds Return To DDA 1,464,703.45
6-16-2023 Sweep Funds Return To DDA 17,787.44
6-20-2023 Sweep Funds Return To DDA 461,406.59
6-21-2023 Sweep Funds Return To DDA 356,389.84
6-22-2023 Next Day Sweep Purchase 490,253.20
6-23-2023 Sweep Funds Return To DDA 335,013.84
6-26-2023 Sweep Funds Return To DDA 45,343.36
6-27-2023 Next Day Sweep Purchase 3,828,426.73
6-28-2023 Sweep Funds Return To DDA 1,427,614.51
6-29-2023 Sweep Funds Return To DDA 507,830.61
6-30-2023 Sweep Funds Return To DDA 40,758.96
6-30-2023 Ending Balance 101,711,179.69

FUND SUMMARY
Dividends Earned YTD 2,131,531.99
Federal Withholding YTD .00
7-Day Simple Yield 5.01890 %
Federal Withholding .00
Beginning Balance 111,909,935.22
Shares Purchased 4,670,812.53 +
Shares Redeemed 14,869,568.06 -
Ending Balance 101,711,179.69
Prior Month Dividends Paid to Checking 401,421.08
Dividends Earned in Current Month 419,718.92
Funds Pending Investment 2,213,849.50
218

STAGECOACH SWEEP
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 06-07 102,607,004.46 5.000 % .000137010 14,058.19
06-08 102,486,714.03 5.001 % .000137030 14,043.75
06-09 102,798,503.30 5.005 % .000137128 14,096.55
06-10* 102,798,503.30 5.005 % .000137128 14,096.55
06-11* 102,798,503.30 5.005 % .000137128 14,096.55
06-12 102,838,846.63 4.998 % .000136953 14,084.09
06-13 102,491,826.83 5.001 % .000137023 14,043.74
06-14 102,049,348.36 5.004 % .000137104 13,991.37
06-15 100,584,644.91 5.004 % .000137106 13,790.76
06-16 100,566,857.47 5.014 % .000137380 13,815.87
06-17* 100,105,450.88 5.014 % .000137380 13,752.49
06-18* 100,105,450.88 5.014 % .000137380 13,752.49
06-19* 100,105,450.88 5.014 % .000137380 13,752.49
06-20 100,105,450.88 5.010 % .000137280 13,742.48
06-21 99,749,061.04 5.015 % .000137408 13,706.32
06-22 100,239,314.24 5.006 % .000137166 13,749.43
06-23 99,904,300.40 5.014 % .000137384 13,725.25
06-24* 99,858,957.04 5.014 % .000137384 13,719.02
06-25* 99,858,957.04 5.014 % .000137384 13,719.02
06-26 99,858,957.04 5.010 % .000137262 13,706.84
06-27 103,687,383.77 5.019 % .000137520 14,259.09
06-28 102,259,769.26 5.026 % .000137707 14,081.89
06-29 101,751,938.65 5.017 % .000137452 13,986.01
06-30 101,711,179.69 5.011 % .000137292 13,964.13
TOTAL MTD 419,718.93
* Indicates non-business day
THANK YOU FOR BANKING WITH WELLS FARGO.

MONEY MARKET MUTUAL FUNDS (EACH, A "MMMF") ARE NOT FDIC INSURED, HAVE NO BANK GUARANTY AND MAY LOSE VALUE.

An Investment in a MMMF is not insured by the Federal Deposit Insurance Corporation or any other government agency. Although the MMMF's seek to preserve the value of customer's investment at $1.00 per share, it is possible to lose money by investing in a MMMF.

Allspring Funds Management, LLC, a wholly owned subsidiary of Allspring Global Investments Holdings, LLC ("Allspring Global"), provides investment advisory and administrative services for the Allspring Funds?. Other subsidiaries of Allspring Global provide sub-advisory and other services for the funds. The funds are distributed by Allspring Funds Distributor, LLC, Member FINRA/SIPC, a subsidiary of Allspring Global.

This material must be accompanied or preceded by a current prospectus for name of the Fund(s) selected. Please read the prospectus carefully before investing.
06/01/2023 - 06/30/2023

Page 2 of 2 ends
← All documents from this meeting