Murrieta City Council
October 3, 2023

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, October 3, 2023
4:45 PM CLOSED SESSION
6:00 PM REGULAR MEETING
1 City Council Meeting Agenda October 3, 2023
6:00 PM REGULAR MEETING

CALL TO ORDER

ROLL CALL

PLEDGE OF ALLEGIANCE

INVOCATION

PRESENTATIONS

APPROVAL OF AGENDA

DEPARTMENT/COMMISSION ANNOUNCEMENTS

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 – 7
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 City Council Meeting Agenda October 3, 2023

2. Minutes
Recommended Action:

Approve the minutes of the September 19, 2023, Regular Meeting.

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

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

4. Murrieta Supervisors’ Association Successor Memorandum of Understanding Recommended Action:

Adopt Resolution No. 23-4706 entitled: A Resolution of the City Council of the City of Murrieta, California, Approving, Adopting and Implementing a Successor Memorandum of Understanding between the City of Murrieta and the Murrieta Supervisors’ Association for the period July 1, 2022, through June 30, 2024.

5. SC Commercial LLC Fuel Delivery Agreement for Murrieta Fire & Rescue and Murrieta Police Department
Recommended Action:

Approve an agreement with SC Commercial, LLC for fuel delivery to Murrieta Fire & Rescue Fire Station and Murrieta Police Department fuel tanks; Approve the agreement amount not to exceed $2,650,000; and Authorize the Mayor to execute the agreement.

6. Purchase of Equipment Truck for Murrieta Police Department SWAT Recommended Action:

Approve the purchase of a 2023 Chevrolet Truck Express 3500 utility vehicle from Paradise Chevrolet Cadillac Temecula; and
Authorize an exception to the procurement policy; and
Appropriate $123,980 in the Operating Budget to 4040030 -71060 for the purchase of the utility vehicle.

7. Five-Year Agreement with Motorola for Radio Purchases Recommended Action:

Approve a five -year agreement with Motorola Solutions, Inc., in the amount not to exceed $1,222,876.30 for the purchase and replacement of critical police radios; and Authorize the Mayor to execute the agreement.

PULLED CONSENT CALENDAR ITEMS

3 City Council Meeting Agenda October 3, 2023

PUBLIC HEARINGS

8. Revised Permit 2021-2429, Tentative Tract Map 2021-2428, Master Development Plan 2021-2430 Ivy House
Recommended Action:

Conduct a Public Hearing;
Consider and approve the Addendum to the Mitigated Negative Declaration pursuant to the California Environmental Quality Act Guidelines (Cal. Code Regs. Title 14) Section 15164; Introduce and conduct the first reading of Ordinance No. 597 -23 entitled: An Ordinance of the City Council of the City of Murrieta, California, Approving and Adopting Amended Master Development Plan Mdp -2021-2430 on a 22 -Acre Site to be Developed with 62 Single -Family Detached Lots with Related Improvements for Circulation, Infrastructure, and Murrieta Creek Located East of Murrieta Creek, West of New Clay Avenue, and South of “B” Street within the Residential Single-Family 1 (RS-1) Zone of the Downtown Murrieta Specific Plan (DMSP) Area (APN’s 906-193-001, 906-200-001, 002, 906-212-001, 906-221-001,002); and Adopt Resolution No. 23 -4707 entitled: A Resolution of the City Council of the City of Murrieta Approving the Environmental Determination, Amended Master Development Plan 2021 -2430, Revised Tentative Tract Map 2021-2428, and Revised Development Plan Permit 2021-2429 for Ivy House, a 22 -Acre Site to be Developed with 62 Single -Family Detached Lots and Related Improvements for Circulation, Infrastructure, and Murrieta Creek Drainage Channel Located East of Murrieta Creek, West of New Clay Avenue, and South of “B” Street within the Residential Single-Family 1 (RS-1) Zone of the Downtown Murrieta Specific Plan Area.

DISCUSSION

9. Amended and Restated Community Facilities District Goals and Policies Recommended Action:

Adopt Resolution No. 23-4708 entitled: A Resolution of the City Council of the City of Murrieta, California, Adopting an Amended and Restated Community Facilities District Goals and Policies.

10. Discussion About Potential Benefits and Limitations Associated with Charter Cities
Recommended Action:

Hear the presentation about Charter Cities from Council Member Ron Holliday.

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.

Received After Agenda Printed - Governing Body Announcements

4 City Council Meeting Agenda October 3, 2023

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

5 CITY OF MURRIETA
City Council Meeting Agenda
Report
10/3/2023
Agenda Item No.

Subject:

Received After Agenda Printed - Governing Body Reports
CITY OF MURRIETA Printed on 1/22/2024Page 1 of 1
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6 Governing Body Reports
Murrieta City Council
October 3, 2023
Ron Holliday, Council Member
1 Received After Agenda Printed
Regular City Council Meeting 10-03-23
GBR - Staff Presentation
7 2
Governing Body Reports
October 3, 2023
Ron Holliday, Council Member
EMAIL: [email protected]
09/27/23 Attended the Western Regional Council of Governments Energy Resilience Update.
10/02/23 Attended the Western Regional Council of Governments. 10/02/23 Attended the Western Riverside County Regional Conservation Authority. 8 CITY OF MURRIETA
City Council Meeting Agenda
Report
10/3/2023
Agenda Item No. 1.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Cristal McDonald, City Clerk
PREPARED BY: Kimberly Ramirez, Deputy 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
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9 CITY OF MURRIETA
City Council Meeting Agenda
Report
10/3/2023
Agenda Item No. 2.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Cristal McDonald, City Clerk
PREPARED BY: Kimberly Ramirez, Deputy City Clerk
SUBJECT: Minutes

RECOMMENDATION
Approve the minutes of the September 19, 2023, Regular Meeting.

ATTACHMENTS
1) September 19, 2023 Minutes
CITY OF MURRIETA Printed on 1/22/2024Page 1 of 1
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10 CITY OF MURRIETA
1 TOWN SQUARE

MURRIETA, CA

SEPTEMBER 19, 2023
4:15 PM WORKSHOP
6:00 PM REGULAR MEETING

MINUTES

The City of Murrieta intends to comply with the Americans with Disa bilities Act (ADA). Persons with special needs should call the City Clerk’s department at (951) 461-6031 or email at [email protected] at least 72 hours in advance.

Any presentation requiring the use of the City of Murrieta’s equipment must be su bmitted 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 CityClerk@Murriet aCA.gov 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.

Lisa DeForest
Mayor

Lori Stone Cindy Warren
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)

YOU MAY VIEW THE MEETING LIVESTREAMED VIA THE CITY’S WEBSITE AT https://murrieta.legistar.com/Calendar.aspx

*** 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].

To view the agenda reports either click on the item title or open the agenda packet on Legistar. Please note due to the size of the packet, downloading the packet may take a moment. *** 4:15 PM CLOSED SESSION

CALL TO ORDER 4:18 p.m.
11

ROLL CALL

Present: Council Member Jon Levell
Council Member Ron Holliday
Mayor Lisa DeForest

Absent: Council Member Warren
Mayor Pro Tem Lori Stone (present for all of closed session) PUBLIC COMMENTS - CLOSED SESSION ITEMS ONLY None

ANNOUNCEMENT OF CLOSED SESSION ITEMS
City Attorney Tiffany Israel announced the following Closed Session items:

CS1. Conference with Legal Counsel – Anticipated Litigation The City Council will conduct a closed session, pursuant to Government Code sections 54956.9(d)(2) and (d)(3), because there is a significant exposure to litigation in one case.

CS2. Conference with Legal Counsel – Anticipated Litigation The City Council will conduct a closed session, pursuant to Government Code sections 54956.9(d)(4), because there is a significant exposure to litigation in one case. The City Council will confer with the City Manager, Police Chief, Community Services Director, Administrative Services Director and City Attorney regarding the possible participation in an amicus brief in the following case: Gloria Johnson, et al. v. City of Grants Pass (US Court of Appeals for the Ninth Circuit Case Nos. 20-35752; 20-35881; US District Court for the District of Oregon Case No. 1:18-cv-01823-CL) CS3. Conference with Legal Counsel – Existing Litigation The City Council will conduct a closed session, pursuant to Government Code section 54956.9(d)(1), to confer with legal counsel regarding litigation to which the City is a party. The title of such litigation is as follows: Rashiem Bolden, Shantag Scott vs. City of Murrieta, et al; Case Number 5:22-cv-01550-JGB-SHKx; United States District Court for the Central District.

RECESS 4:20 p.m.
6:00 PM REGULAR MEETING
CALL TO ORDER 6:01 p.m.

ANNOUNCEMENT OF CLOSED SESSION ACTION

City Attorney Tiffany Israel: No reportable action on Closed Session Item Nos. CS1 and CS3. The City Council gave staff authorization to join the amicus brief being submitted on behalf of Cities to the United States Supreme Court in Johnson vs Grants Pass case. 12

ROLL CALL

Present: Council Member Jon Levell
Council Member Ron Holliday
Mayor Pro Tem Lori Stone
Mayor Lisa DeForest

Absent: Council Member Cindy Warren
PLEDGE OF ALLEGIANCE Girl Scouts Troop 1000
INVOCATION Pastor Will Atkins, Centerpointe Church Murrieta

PRESENTATIONS
Presentation - Girl Scouts Bronze Award Update
Proclamation - Constitution Week

APPROVAL OF AGENDA

Action: It was moved by Council Member Levell, seconded by Council Member Holliday to approve the Agenda for September 19, 2023.

The motion carried by the following vote:

Ayes: Levell, Holliday, Stone, DeForest
Noes: None

Absent: Warren

CITY MANAGER - ADMINISTRATIVE UPDATE None

GOVERNING BODY COMMISSION/COMMITTEE/BOARD (CCB) REPORTS Council Member Holliday: Provided attendance/reported the following:
• Western Riverside Council of Governments

PUBLIC COMMENTS (NON-AGENDA)
Daniel Bringhurst: Spoke on Department of Housin g and Urban Development Affordable Housing Grants.

Dan Felskins: Spoke on concerns with the City’s sewer and water matters.

Kassen Klein: Spoke on Council Members’ requests for future agenda items process, the Brown Act, and possible consultant for Charter City information.

David Romney: Spoke in support of pickleball courts.

Jeff Dockendorf: Spoke in support of pickleball courts.

Gavin Guinn: Spoke in support of pickleball courts.

Connie
McConnell:

Provided update on Murrieta Market Nights and a new theater production.

Katharine
Wingert:

Spoke in support of a Bicycle Pump track and pickleball courts. 13

CONSENT CALENDAR - APPROVAL OF ITEMS 1 – 11

Action: It was moved by Mayor DeForest, seconded by Council Member Levell to approve Consent Calendar Item Nos. 1-11.

The motion carried by the following vote:

Ayes: Levell, Holliday, Stone, DeForest
Noes: None

Absent: Warren

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. Minutes
Recommended Action:

Approve the minutes of the September 5, 2023, Regular Meeting.

3. Murrieta General Employees’ Association Successor Memorandum of Understanding Recommended Action:

Adopt Resolution No. 23-4704 entitled: A Resolution of the City Council of the City of Murrieta, California, Approving, Adopting and Implementing a Successor Memorandum of Understanding between the City of Murrieta and the Murrieta General Employees' Association for the period July 1, 2022, through June 30, 2024.

4. Agreement with American Security Group
Recommended Action:
1) Approve a three-year agreement with Amergroup Inc. dba American Security Group for an amount not to exceed $68,000;
2) Authorize the exemption from bidding requirements; and 3) Authorize the City Manager to execute the agreement with American Security Group.

5. Reinstating Urgency Ordinance Adopting Multi-Family Objective Design Standards Recommended Action:
1) Waive full reading and adopt, by a four-fifths vote, Urgency Ordinance No. U-596-23 entitled: An Urgency Ordinance of the City Council of the City of Murrieta, California, Reinstating Urgency Ordinance No. U-590-23, Amending Title 16 of the Murrieta Municipal Code to Revise the City’s Development Code, to Implement Multi-Family Residential and Mixed-Use Residential Objective Design Standards; 2) Find that said actions are exempt from the California Environmental Quality Act (CEQA) as this item meets the required actions of CEQA Guidelines Section 15183, Projects Consistent with a Community Plan or Zoning, because the Urgency Ordinance directs staff to adopt and implement design standards which will not cause a significant environmental impact and implements a uniformly applied development policy or standard that is consistent with the General Plan draft 14

Housing Element policy to further regulate multi-family residential development; and 3) Direct City staff to prepare, execute, and file with the Riverside County Clerk a notice of exemption within five (5) working days of the adoption of this Ordinance.

6. Multi-Family Residential and Mixed-Use Objective Design Standards Recommended Action:

Conduct the second reading by title only and with further reading waived, adopt Ordinance No. 595-23 entitled: An Ordinance of the City Council of the City of Murrieta, California, Amending Title 16 of the Murrieta Municipal Code to Revise the CIty's Development Code, to Implement Multi-Family Residential and Mixed-Use Residential Objective Design Standards and a Ministerial Development Plan Permit Process for Certain Qualifying Projects.

7. Acceptance of Public Improvements in Tract Map 28532-3 Recommended Action:
1) Accept the Public Improvements in Tract Map 28532-3 located east of Whitewood Road and north of Triple C Ranch Road; and
2) Direct the Public Works Department to perform continued maintenance on the aforementioned public improvements in conformity with the City of Murrieta’s maintenance standard.

8. Acceptance of Public Improvements in Tract Map 28532-5 Recommended Action:
1) Accept the Public Improvements in Tract Map 28532-5 located East of Whitewood Road, West of Menifee Road, and south of Keller Road; and
2) Direct the Public Works Department to perform continued maintenance on the aforementioned public improvements in conformity with the City of Murrieta’s maintenance standards.

9. Acceptance of Public Improvements in Tract Map 28532-3 & 5 Recommended Action:
1) Accept the Public Improvements in Tract Map 28532-3 & 5 located both east of Whitewood Road, north of Triple C Ranch Road and east of Whitewood Road, west of Menifee Road, and south of Keller Road; and
2) Direct the Department of Public Works to perform continued maintenance on the aforementioned public improvements in conformity with the City of Murrieta’s maintenance standard.

10. Acceptance of Public Improvements in Tract Map 32718 Recommended Action:
1) Accept the Public Improvements in Tract Map 32718 located west of Menifee Road, south of Keller Road, and east of Whitewood Road; and
2) Direct the Department of Public Works to perform continued maintenance on the aforementioned public improvements in conformity with the City of Murrieta’s maintenance standard.

15

11. Acceptance of Public Improvements in Tract Map 34445 Recommended Action:
1) Accept the Public Improvements in Tract Map 34445 located west of Whitewood Road, south of Keller Road; and
2) Direct the Public Works Department to perform continued maintenance on the aforementioned public improvements in conformity with the City of Murrieta’s maintenance standards.

PULLED CONSENT CALENDAR ITEMS None

DISCUSSION

12. Consider Adoption of Resolution for CalPERS 180-Day Wait Period Exception for Post-Retirement Employment - Extra Help Public Safety Dispatch Services

Staff report and PowerPoint presentation provided by Human Resources Analyst Michelle Tamez.

Action:

Ayes:

Noes:

Absent:

After discussion, it was moved by Council Member Holliday seconded by Council Member Levell, to adopt Resolution No. 23-4705, entitled: A Resolution of the City Council of the City of Murrieta, California, for CalPERS 180-Day Wait Period Exception - Government Code Sections 7522.56 & 21224.

The motion carried by the following vote:

Levell, Holliday, Stone, DeForest
None
Warren

GOVERNING BODY ANNOUNCEMENTS

Council Member Holliday, Council Member Levell, and Mayor DeForest provided their Governing Body Announcements to be made part of the City’s website for public review.

COUNCIL MEMBER REQUESTS TO ADD ITEMS TO FUTURE AGENDAS
Council Member Levell: Discussion on the City’s position and stances on mandates on COVID-19.

Consensus was received.

ADJOURNMENT 7:00 p.m.

16 CITY OF MURRIETA
City Council Meeting Agenda
Report
10/3/2023
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 August 2023

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

PRIOR ACTION/VOTE
None.

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 August 2023 include dispositions of $12,833,457.17 in investment sales, which also includes a withdrawal for bank fees of $318.00. Subsequently, these proceeds, together with the monthly interest earnings, were reinvested in security and money market fund purchases totaling $13,057,290.44.

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 July 2023, for the prior quarter. There are no LAIF transactions to report for CITY OF MURRIETA Printed on 1/22/2024Page 1 of 2
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17 10/3/2023
Agenda Item No. 3.
interest earnings deposit was in July 2023, for the prior quarter. There are no LAIF transactions to report for the month of August.

As of August 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) is $149,764,951.78. Both accounts combined had an overall increase of $108,545.59 or 0.07% 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 August were $406,958.72.

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 2023/24 Operating Budget.

ATTACHMENTS

1. Chandler Asset Management Monthly Account Statement for August 2023

2. Local Agency Investment Fund (LAIF) August 2023

3. Wells Fargo Cash Sweep Program August 2023 Statement CITY OF MURRIETA Printed on 1/22/2024Page 2 of 2
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18 City of Murrieta - Account

MONTHLY ACCOUNT STATEMENT
AUGUST 1, 2023 THROUGH AUGUST 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
Chandler Team:

Custodian
19 ACCOUNT SUMMARY
Beg. Values
as of 7/31/23
End Values
as of 8/31/23
Market Value 119,163,943 119,576,185
Accrued Interest 564,247 561,205
Total Market Value 119,728,190 120,137,390
Income Earned 207,312 221,155
Cont/WD -318
Par 123,862,127 124,052,066
Book Value 123,037,992 123,146,537
Cost Value 123,037,992 123,146,537

TOP ISSUERS
Government of United States 43.8%
Federal Home Loan Mortgage Corp 8.2%
Federal Home Loan Bank 7.0%
Federal Farm Credit Bank 6.9%
Federal National Mortgage Assoc 2.5%
Microsoft 1.5%
Caterpillar Inc 1.5%
Deere & Company 1.3%
Total 72.7%

PORTFOLIO CHARACTERISTICS
Average Modified Duration 1.70
Average Coupon 2.21%
Average Purchase YTM 2.39%
Average Market YTM 5.14%
Average S&P/Moody Rating AA/Aa1
Average Final Maturity 1.94 yrs
Average Life 1.82 yrs

CREDIT QUALITY (S&P)

MATURITY DISTRIBUTION

SECTOR ALLOCATION
Portfolio Summary
As of August 31, 2023
City of Murrieta
Account

PERFORMANCE REVIEW
Annualized
TOTAL RATE OF RETURN 1M 3M YTD 1YR 2YRS 3YRS 5YRS 10YRS 1/31/2020 City of Murrieta 0.34% 0.55% 2.23% 2.02% -0.82% -0.45% N/A N/A 0.32% ICE BofA 1-3 Yr US Treasury Index 0.39% 0.26% 1.73% 1.27% -1.31% -0.82% N/A N/A -0.01% Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 1 20 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 August 31, 2023
City of Murrieta
Assets managed by Chandler Asset Management are in full compliance with state law and the Client's investment policy. 21 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
22 BOOK VALUE RECONCILIATION
BEGINNING BOOK VALUE $123,037,991.52
Acquisition
+ Security Purchases $5,127,829.93
+ Money Market Fund Purchases $5,552,171.66
+ Money Market Contributions $2,377,288.85
+ Security Contributions $0.00
+ Security Transfers $0.00
Total Acquisitions $13,057,290.44
Dispositions
- Security Sales $3,053,935.80
- Money Market Fund Sales $5,137,593.82
- MMF Withdrawals $2,377,606.85
- Security Withdrawals $0.00
- Security Transfers $0.00
- Other Dispositions $0.00
- Maturities $1,880,000.00
- Calls $0.00
- Principal Paydowns $384,320.70
Total Dispositions $12,833,457.17
Amortization/Accretion
+/- Net Accretion $45.82
$45.82
Gain/Loss on Dispositions
+/- Realized Gain/Loss ($115,333.50)
($115,333.50)
ENDING BOOK VALUE $123,146,537.11

CASH TRANSACTION SUMMARY
BEGINNING BALANCE $221,560.33
Acquisition
Contributions $2,377,288.85
Security Sale Proceeds $3,053,935.80
Accrued Interest Received $1,883.89
Interest Received $230,673.75
Dividend Received $1,357.52
Principal on Maturities $1,880,000.00
Interest on Maturities $0.00
Calls/Redemption (Principal) $0.00
Interest from Calls/Redemption $0.00
Principal Paydown $384,320.70
Total Acquisitions $7,929,460.51
Dispositions
Withdrawals $2,377,606.85
Security Purchase $5,127,829.93
Accrued Interest Paid $9,763.89
Total Dispositions $7,515,200.67
ENDING BOOK VALUE $635,820.17
Reconciliation Summary
As of August 31, 2023
City of Murrieta
Account
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 3 23 Holdings Report
As of August 31, 2023
City of Murrieta
Account
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
89237VAB5 Toyota Auto Receivables Trust 2020-C
A3

0.44% Due 10/15/2024
24,269.80 07/21/2020

0.44%
24,267.94
24,267.94

99.65 6.90%
24,185.70

4.75 0.02%
(82.24)
Aaa / AAA
NR

1.13 0.05
36262XAC8 GM Financial Auto Lease Trust 2021-3
A2

0.39% Due 10/21/2024
302,993.27 08/10/2021

0.39%
302,989.15
302,989.15

99.11 6.07%
300,311.48

36.11 0.25%
(2,677.67)

NR / AAA
AAA

1.14 0.15
47787NAC3 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
10,699.82 07/14/2020

0.52%
10,698.19
10,698.19

99.61 6.34%
10,657.97

2.43 0.01%
(40.22)
Aaa / NR
AAA

1.21 0.07
58769KAD6 Mercedes-Benz Auto Lease Trust 2021-
B A3

0.4% Due 11/15/2024
239,027.62 06/22/2021

0.40%
239,009.58
239,009.58

98.86 5.84%
236,302.71

42.49 0.20%
(2,706.87)

NR / AAA
AAA

1.21 0.21
09690AAC7 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
86,096.34 09/08/2021

0.34%
86,087.45
86,087.45

99.23 5.88%
85,434.52

4.74 0.07%
(652.93)
Aaa / NR
AAA

1.32 0.14
89236XAC0 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
50,956.20 10/06/2020

0.36%
50,946.71
50,946.71

99.29 6.19%
50,595.37

7.93 0.04%
(351.34)

NR / AAA
AAA

1.38 0.12
05601XAC3 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
206,924.61 01/11/2022

1.11%
206,893.67
206,893.67

98.67 5.94%
204,171.06

37.94 0.17%
(2,722.61)

NR / AAA
AAA

1.57 0.27
43813GAC5 Honda Auto Receivables Trust 2021-1
A3

0.27% Due 4/21/2025
79,845.98 02/17/2021

0.27%
79,844.52
79,844.52

98.13 5.87%
78,350.62

5.99 0.07%
(1,493.90)
Aaa / NR
AAA

1.64 0.33
89240BAC2 Toyota Auto Receivables Owners 2021-
A A3

0.26% Due 5/15/2025
291,265.96 02/02/2021

0.27%
291,211.90
291,211.90

98.09 6.22%
285,709.19

33.66 0.24%
(5,502.71)
Aaa / NR
AAA

1.71 0.32
47788UAC6 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
169,423.26 03/02/2021

0.37%
169,390.70
169,390.70

97.45 6.14%
165,109.75

27.11 0.14%
(4,280.95)
Aaa / NR
AAA

2.04 0.44
44933LAC7 Hyundai Auto Receivables Trust 2021-A
A3

0.38% Due 9/15/2025
208,790.10 04/20/2021

0.38%
208,768.13
208,768.13

97.81 5.87%
204,215.51

35.26 0.17%
(4,552.62)

NR / AAA
AAA

2.04 0.40
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

99.34 5.81%
153,982.58
133.30

0.13%
(1,013.73)
Aaa / AAA
NR

2.24 1.10
44934KAC8 Hyundai Auto Receivables Trust 2021-B
A3

0.38% Due 1/15/2026
597,562.92 07/20/2021

0.39%
597,431.04
597,431.04

97.12 5.91%
580,344.74
100.92

0.48%
(17,086.30)

NR / AAA
AAA

2.38 0.52
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 4 24 Holdings Report
As of August 31, 2023
City of Murrieta
Account
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
43815GAC3 Honda Auto Receivables Trust 2021-4
A3

0.88% Due 1/21/2026
302,241.44 11/16/2021

0.89%
302,177.74
302,177.74

96.23 6.20%
290,857.21

73.88 0.24%
(11,320.53)
Aaa / NR
AAA

2.39 0.71
47789QAC4 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
322,473.91 07/13/2021

0.52%
322,445.15
322,445.15

96.42 5.86%
310,919.02

74.53 0.26%
(11,526.13)
Aaa / NR
AAA

2.54 0.67
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

97.59 5.59%
356,196.20
491.63

0.30%
(8,782.05)

NR / AAA
AAA

2.89 1.32
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

97.47 5.83%
341,148.50
187.25

0.28%
(8,833.30)
Aaa / AAA
NR

2.99 0.98
362554AC1 GM Financial Securitized Term 2021-4
A3

0.68% Due 9/16/2026
228,674.90 10/13/2021

0.68%
228,669.08
228,669.08

95.84 6.19%
219,170.49

64.79 0.18%
(9,498.59)
Aaa / AAA
NR

3.05 0.75
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

96.82 5.91%
396,946.01
422.76

0.33%
(12,963.30)
Aaa / NR
AAA

3.05 0.89
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

96.06 5.99%
206,518.25
112.88

0.17%
(8,463.07)

NR / AAA
AAA

3.21 0.84
379929AD4 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026
280,000.00 08/08/2023

5.45%
279,966.43
279,966.43

99.97 5.46%
279,923.56
627.67

0.23%
(42.87)

NR / AAA
AAA

3.22 1.82
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

97.52 5.53%
312,069.76
485.33

0.26%
(7,928.03)
Aaa / NR
AAA

3.63 1.34
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

96.75 5.46%
875,561.26
1,363.53

0.73%
(29,238.55)

NR / AAA
AAA

3.71 1.60
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

99.17 5.09%
411,540.98
471.72

0.34%
(3,440.76)

NR / AAA
AAA

3.89 0.93
Total ABS 6,536,246.13 2.06%
6,535,423.71
6,535,423.71 5.79%
6,380,222.44
4,848.60

5.31%
(155,201.27)
Aaa / AAA
AAA

2.70 0.87
AGENCY
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

99.92 5.38%
999,213.00
13,496.53

0.84%
(41,667.00)
Aaa / AA+
AA+

0.03 0.03
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

99.38 5.09%
1,565,283.83
738.28

1.30%
(3,841.42)
Aaa / AA+
AA+

0.13 0.12
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 5 25 Holdings Report
As of August 31, 2023
City of Murrieta
Account
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
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

99.42 5.65%
1,988,474.00
14,666.67

1.67%
(42,806.00)
Aaa / AA+
AA+

0.17 0.17
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

98.55 5.95%
1,443,753.11
885.10

1.20%
(19,796.54)
Aaa / AA+
AA+

0.26 0.25
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

98.48 5.50%
1,969,500.00
991.11

1.64%
(53,320.00)
Aaa / AA+
AA+

0.48 0.47
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

98.13 5.33%
1,962,530.00
12,298.61

1.64%
(138,610.00)
Aaa / AA+
NR

0.79 0.76
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

96.95 5.53%
1,938,926.00
5,736.11

1.62%
(68,734.00)
Aaa / AA+
AA+

0.84 0.81
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

94.71 5.25%
1,325,905.00
2,761.11

1.11%
(72,863.00)
Aaa / AA+
AAA

1.31 1.26
3133ENKS8 FFCB Note

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

1.20%
753,301.25
753,301.25

94.66 5.28%
714,710.94
1,297.66

0.60%
(38,590.31)
Aaa / AA+
AA+

1.35 1.30
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

95.31 5.14%
1,143,721.20
991.67

0.95%
(53,734.80)
Aaa / AA+
AA+

1.46 1.40
3130AWLZ1 FHLB Note

4.75% Due 6/12/2026
2,000,000.00 08/16/2023

4.78%
1,998,620.00
1,998,620.00
100.30

4.63%
2,006,016.00
13,458.33

1.68%
7,396.00
Aaa / AA+
AA+

2.78 2.56
3133EPSW6 FFCB Note

4.5% Due 8/14/2026
2,405,000.00 08/09/2023

4.58%
2,399,468.50
2,399,468.50

99.67 4.62%
2,397,101.98
5,110.63

2.00%
(2,366.52)
Aaa / AA+
NR

2.96 2.70
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

97.52 4.33%
1,092,206.08
13,766.67

0.92%
(15,037.12)
Aaa / AA+
NR

4.78 4.26
3130AWC24 FHLB Note
4% Due 6/9/2028
2,000,000.00 07/06/2023

4.49%
1,956,940.00
1,956,940.00

98.80 4.28%
1,975,978.00
20,000.00

1.66%
19,038.00
Aaa / AA+
NR

4.78 4.26
Total Agency 22,920,000.00 2.42%
23,048,251.85
23,048,251.85 5.12%
22,523,319.14
106,198.48

18.84%
(524,932.71)
Aaa / AA+
AA+

1.64 1.50
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

96.27 5.30%
1,177,371.09
3,371.40

0.98%
(43,049.14)

NR / NR
AAA

2.07 1.81
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

93.54 5.02%
1,870,898.00
4,421.67

1.56%
(19,648.88)

NR / NR
AAA

2.99 2.75
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 6 26 Holdings Report
As of August 31, 2023
City of Murrieta
Account
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
3137BTUM1 FHLMC K061 A2

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

4.37%
867,691.41
867,691.41

94.91 5.13%
854,167.50
2,510.25

0.71%
(13,523.91)

NR / NR
AAA

3.24 2.82
3137BVZ82 FHLMC K063

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

4.09%
839,600.51
839,600.51

95.23 5.00%
820,856.74
2,463.89

0.69%
(18,743.77)

NR / NR
AAA

3.41 3.00
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

94.35 4.97%
943,536.00
2,702.50

0.79%
(21,932.75)

NR / NR
AAA

3.65 3.27
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

93.76 4.93%
1,172,022.50
3,319.79

0.98%
(28,709.93)

NR / AAA
NR

4.07 3.60
Total CMO 7,235,000.00 4.16%
6,984,460.21
6,984,460.21 5.06%
6,838,851.83
18,789.50

5.71%
(145,608.38)

NR / AAA
AAA

3.19 2.84

CORPORATE
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

99.93 5.05%
1,249,067.50
18,444.44

1.06%
(49,182.50)
A1 / A+
A

0.04 0.04
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

98.17 5.38%
849,187.80
475.75

0.71%
(15,198.05)
A2 / A
A+

0.38 0.37
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

97.89 5.49%
778,248.56
224.15

0.65%
(15,829.24)
A1 / A+
NR

0.42 0.41
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

98.96 5.34%
1,830,686.00
3,693.58

1.53%
(83,675.50)
Aaa / AAA
NR

0.44 0.42
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

98.66 5.62%
887,932.80
12,882.75

0.75%
(47,401.20)
Aa2 / AA-
NR

0.51 0.48
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

97.36 5.72%
559,824.60
1,952.60

0.47%
(14,887.90)
A2 / A-
A

0.55 0.53
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

96.67 5.38%
778,166.13
1,096.81

0.65%
(25,658.57)
A1 / AA
AA-

0.70 0.68
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

96.57 5.57%
410,436.10
688.26

0.34%
(12,124.40)
A2 / A+
A

0.71 0.69
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

96.27 5.49%
731,642.12
798.00

0.61%
(27,407.88)
A2 / A
A+

0.77 0.75
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 7 27 Holdings Report
As of August 31, 2023
City of Murrieta
Account
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
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

99.68 5.92%
956,951.04
11,523.46

0.81%
(3,112.96)
A1 / A-
AA-

0.79 0.04
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

96.06 5.63%
1,095,046.38
1,155.83

0.91%
(43,597.02)
A1 / A+
A+

0.80 0.77
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

95.88 5.53%
191,760.80
159.72

0.16%
(8,137.20)
A2 / A+
NR

0.87 0.85
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

97.06 5.73%
970,618.00
2,066.67

0.81%
(70,932.00)
A3 / A
A

0.92 0.89
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

95.48 5.51%
233,920.86

74.86 0.19%
(10,946.84)
A1 / A+
NR

0.94 0.91
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

94.80 5.54%
947,980.00
1,777.78

0.79%
(52,020.00)
A1 / A
AA-

1.39 1.34
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

96.40 5.66%
867,617.10
10,552.50

0.73%
(32,256.90)
A1 / A
AA-

1.65 1.56
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

96.88 5.34%
465,015.36
4,896.00

0.39%
(14,375.04)
A2 / A
A+

1.70 1.61
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

93.73 5.14%
937,290.00
3,375.00

0.78%
(32,990.00)
A2 / A
A

1.75 1.69
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

97.08 5.53%
970,750.00
8,891.94

0.82%
(31,080.00)
A1 / A
NR

1.77 1.66
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

96.42 5.58%
1,065,397.91
8,048.09

0.89%
(34,575.74)
A2 / A-
A

1.79 1.69
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

97.12 5.23%
1,335,339.50
2,648.78

1.11%
(37,996.75)
A2 / A
A+

1.95 1.85
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

96.30 5.26%
963,024.00
1,444.44

0.80%
(27,686.00)
Aa3 / A
NR

1.96 1.86
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

97.91 5.09%
979,141.00
18,444.44

0.83%
(17,239.00)
A2 / A
A

2.04 1.89
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 8 28 Holdings Report
As of August 31, 2023
City of Murrieta
Account
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
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

99.25 4.95%
421,814.20
4,887.50

0.36%
(3,160.30)
A1 / AA
AA-

2.25 2.09
857477BR3 State Street Bank Callable Note Cont
2/6/2025

1.746% Due 2/6/2026
335,000.00 02/02/2022

3.04%
335,000.00
335,000.00

94.49 5.80%
316,555.57
406.19

0.26%
(18,444.43)
A1 / A
AA-

2.44 1.38
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

96.15 4.92%
961,520.00
722.22

0.80%
2,130.00
Aaa / AA+
NR

2.48 2.34
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

98.21 5.24%
736,545.75
13,031.25

0.62%
(12,936.75)
Aa3 / AA+
AA+

2.61 2.38
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

99.80 5.47%
998,044.00
10,650.00

0.84%
(2,396.00)
Aa3 / AA-
AA-

2.81 2.54
61747YET8 Morgan Stanley Callable Note Cont
7/17/2025

4.679% Due 7/17/2026
1,000,000.00 09/14/2022

5.44%
994,030.00
994,030.00

97.91 5.86%
979,093.00
5,718.78

0.82%
(14,937.00)
A1 / A-
A+

2.88 1.76
69371RS56 Paccar Financial Corp Note

5.05% Due 8/10/2026
450,000.00 08/03/2023

5.07%
449,775.00
449,775.00
100.25

4.96%
451,137.15
1,325.63

0.38%
1,362.15
A1 / A+
NR

2.95 2.70
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

96.03 5.19%
960,339.00
12,333.33

0.81%
(30,121.00)
A2 / A+
A+

3.69 3.33
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

94.86 4.95%
711,421.50
9,250.00

0.60%
(3,583.50)
A1 / A
NR

4.67 4.16
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

97.82 4.92%
1,467,319.50
18,883.33

1.24%
(16,705.50)
Aa2 / A+
AA-

4.71 4.14
Total Corporate 28,840,000.00 2.85%
28,865,936.25
28,865,936.25 5.37%
28,058,833.23
192,524.08

23.52%
(807,103.02)
A1 / A+
A+

1.74 1.54
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 9 29 Holdings Report
As of August 31, 2023
City of Murrieta
Account
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
31846V567 First American Govt Obligation MMKT
Class-Z
635,820.17 Various

5.21%
635,820.17
635,820.17

1.00 5.21%
635,820.17

0.00 0.53%

0.00 Aaa / AAA
AAA

0.00 0.00
Total Money Market Fund 635,820.17 5.21%
635,820.17
635,820.17 5.21%
635,820.17

0.00 0.53%

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

98.87 5.22%
741,507.75
505.21

0.62%
(6,879.75)
Aaa / AAA
AAA

0.23 0.23
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

94.98 5.43%
1,505,413.98
3,478.19

1.26%
(78,413.12)
Aaa / AAA
NR

1.07 1.03
459058KT9 Intl. Bank Recon & Development Note

3.5% Due 7/12/2028
500,000.00 07/24/2023

4.26%
483,115.00
483,115.00

96.17 4.38%
480,829.50
2,381.94

0.40%
(2,285.50)
Aaa / AAA
NR

4.87 4.39
Total Supranational 2,835,000.00 1.11%
2,815,329.60
2,815,329.60 5.19%
2,727,751.23
6,365.34

2.28%
(87,578.37)
Aaa / AAA
AAA

1.51 1.41

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

98.52 5.30%
1,970,468.00
532.79

1.64%
(25,313.25)
Aaa / AA+
AA+

0.29 0.29
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

98.09 5.37%
1,961,718.00
326.09

1.63%
(31,172.63)
Aaa / AA+
AA+

0.38 0.36
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

98.80 5.45%
1,975,938.00
4,347.83

1.65%
(89,693.70)
Aaa / AA+
AA+

0.42 0.41
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

97.29 5.40%
1,945,860.00
2,309.78

1.62%
(46,015.00)
Aaa / AA+
AA+

0.54 0.53
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

96.91 5.49%
1,066,012.20
1,566.60

0.89%
(34,632.33)
Aaa / AA+
AA+

0.62 0.61
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

96.43 5.48%
964,258.00
740.49

0.80%
(32,617.00)
Aaa / AA+
AA+

0.71 0.69
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 10 30 Holdings Report
As of August 31, 2023
City of Murrieta
Account
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
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

95.34 5.45%
1,906,718.00
346.47

1.59%
(88,516.38)
Aaa / AA+
AA+

0.96 0.93
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

95.01 5.37%
1,710,210.60
3,118.21

1.43%
(86,273.78)
Aaa / AA+
AA+

1.04 1.01
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

95.78 5.28%
1,628,214.10
8,592.39

1.36%
(121,059.34)
Aaa / AA+
AA+

1.17 1.12
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

94.79 5.26%
1,895,860.00
4,442.93

1.58%
(100,468.13)
Aaa / AA+
AA+

1.21 1.17
91282CDN8 US Treasury Note
1% Due 12/15/2024
900,000.00 12/29/2021

0.99%
900,386.72
900,386.72

94.80 5.22%
853,207.20
1,918.03

0.71%
(47,179.52)
Aaa / AA+
AA+

1.29 1.25
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

94.89 5.16%
1,897,890.00
2,391.30

1.58%
(164,610.00)
Aaa / AA+
AA+

1.42 1.37
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

94.32 5.10%
1,131,890.40

37.09 0.94%
(51,468.98)
Aaa / AA+
AA+

1.50 1.45
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

93.15 5.06%
1,862,968.00
4,207.65

1.55%
(134,063.25)
Aaa / AA+
AA+

1.58 1.54
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

92.67 5.02%
1,853,360.00
2,527.17

1.54%
(123,983.75)
Aaa / AA+
AA+

1.67 1.62
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

92.15 4.99%
1,658,671.20
1,143.44

1.38%
(107,086.61)
Aaa / AA+
AA+

1.75 1.70
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

91.61 4.89%
1,832,110.00
434.78

1.53%
(109,921.25)
Aaa / AA+
AA+

1.92 1.87
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

91.30 4.87%
913,047.00

6.87 0.76%
(15,781.13)
Aaa / AA+
AA+

2.00 1.95
9128285C0 US Treasury Note
3% Due 9/30/2025
3,250,000.00 Various

2.90%
3,259,882.81
3,259,882.81

96.39 4.84%
3,132,694.50
41,024.59

2.64%
(127,188.31)
Aaa / AA+
AA+

2.08 1.96
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

96.33 4.80%
2,408,202.50
25,271.74

2.03%
(90,430.31)
Aaa / AA+
AA+

2.17 2.04
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

94.74 4.79%
2,368,457.50
16,661.01

1.99%
(62,694.84)
Aaa / AA+
AA+

2.21 2.10
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

95.40 4.73%
2,385,057.50
11,234.71

1.99%
(27,735.47)
Aaa / AA+
AA+

2.34 2.21
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 11 31 Holdings Report
As of August 31, 2023
City of Murrieta
Account
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
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

94.29 4.62%
2,357,130.00
23,668.03

1.98%
(20,702.03)
Aaa / AA+
AA+

2.58 2.44
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

93.70 4.42%
2,342,577.50
26,297.81

1.97%
(6,836.56)
Aaa / AA+
AA+

3.58 3.33
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

96.00 4.39%
1,248,000.00
7,233.02

1.04%
(18,687.50)
Aaa / AA+
AA+

3.83 3.53
91282CFB2 US Treasury Note

2.75% Due 7/31/2027
2,000,000.00 07/26/2023

4.30%
1,887,109.38
1,887,109.38

94.14 4.40%
1,882,734.00
4,782.61

1.57%
(4,375.38)
Aaa / AA+
AA+

3.92 3.64
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

95.42 4.39%
2,385,547.50
214.63

1.99%
(59,569.69)
Aaa / AA+
AA+

4.00 3.70
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

99.07 4.37%
1,585,187.20
27,770.49

1.34%
(10,312.80)
Aaa / AA+
AA+

4.08 3.65
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

91.96 4.36%
1,287,398.00
9,330.16

1.08%
(11,539.50)
Aaa / AA+
AA+

4.21 3.91
Total US Treasury 55,050,000.00 1.99%
54,261,315.32
54,261,315.32 4.95%
52,411,386.90
232,478.71

43.82%
(1,849,928.42)
Aaa / AA+
AA+

1.96 1.85
TOTAL PORTFOLIO 124,052,066.30 2.39%
123,146,537.11
123,146,537.11 5.14%
119,576,184.94
561,204.71
100.00%
(3,570,352.17)
Aa1 / AA
AA+

1.94 1.70
TOTAL MARKET VALUE PLUS ACCRUED 120,137,389.65
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 12 32 Transaction Ledger
As of August 31, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 08/01/2023 60934N104 1,357.52 Federated Investors Government Obligations Fund

1.000 5.11% 1,357.52 0.00 1,357.52 0.00
Purchase 08/02/2023 60934N104 1,391.25 Federated Investors Government Obligations Fund

1.000 5.11% 1,391.25 0.00 1,391.25 0.00
Purchase 08/06/2023 60934N104 29,518.30 Federated Investors Government Obligations Fund

1.000 5.11% 29,518.30 0.00 29,518.30 0.00
Purchase 08/07/2023 60934N104 196,935.22 Federated Investors Government Obligations Fund

1.000 5.11% 196,935.22 0.00 196,935.22 0.00
Purchase 08/09/2023 60934N104 612.50 Federated Investors Government Obligations Fund

1.000 5.11% 612.50 0.00 612.50 0.00
Purchase 08/10/2023 69371RS56 450,000.00 Paccar Financial Corp Note

5.05% Due 8/10/2026

99.950 5.07% 449,775.00 0.00 449,775.00 0.00
Purchase 08/11/2023 60934N104 2,858,884.47 Federated Investors Government Obligations Fund

1.000 5.11% 2,858,884.47 0.00 2,858,884.47 0.00
Purchase 08/12/2023 60934N104 25,093.75 Federated Investors Government Obligations Fund

1.000 5.11% 25,093.75 0.00 25,093.75 0.00
Purchase 08/14/2023 3133EPSW6 2,405,000.00 FFCB Note

4.5% Due 8/14/2026

99.770 4.58% 2,399,468.50 0.00 2,399,468.50 0.00
Purchase 08/14/2023 60934N104 10,500.00 Federated Investors Government Obligations Fund

1.000 5.11% 10,500.00 0.00 10,500.00 0.00
Purchase 08/15/2023 60934N104 1,880,000.00 Federated Investors Government Obligations Fund

1.000 5.11% 1,880,000.00 0.00 1,880,000.00 0.00
Purchase 08/15/2023 60934N104 49,140.00 Federated Investors Government Obligations Fund

1.000 5.11% 49,140.00 0.00 49,140.00 0.00
Purchase 08/15/2023 60934N104 792.67 Federated Investors Government Obligations Fund

1.000 5.11% 792.67 0.00 792.67 0.00
Purchase 08/15/2023 60934N104 2,556.63 Federated Investors Government Obligations Fund

1.000 5.11% 2,556.63 0.00 2,556.63 0.00
Purchase 08/15/2023 60934N104 22,318.27 Federated Investors Government Obligations Fund

1.000 5.11% 22,318.27 0.00 22,318.27 0.00
Purchase 08/15/2023 60934N104 50,579.53 Federated Investors Government Obligations Fund

1.000 5.11% 50,579.53 0.00 50,579.53 0.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 13 33 Transaction Ledger
As of August 31, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 08/15/2023 60934N104 6,146.99 Federated Investors Government Obligations Fund

1.000 5.11% 6,146.99 0.00 6,146.99 0.00
Purchase 08/15/2023 60934N104 18,451.01 Federated Investors Government Obligations Fund

1.000 5.11% 18,451.01 0.00 18,451.01 0.00
Purchase 08/15/2023 60934N104 20,883.72 Federated Investors Government Obligations Fund

1.000 5.11% 20,883.72 0.00 20,883.72 0.00
Purchase 08/15/2023 60934N104 41,448.72 Federated Investors Government Obligations Fund

1.000 5.11% 41,448.72 0.00 41,448.72 0.00
Purchase 08/15/2023 60934N104 15,637.38 Federated Investors Government Obligations Fund

1.000 5.11% 15,637.38 0.00 15,637.38 0.00
Purchase 08/15/2023 60934N104 16,142.70 Federated Investors Government Obligations Fund

1.000 5.11% 16,142.70 0.00 16,142.70 0.00
Purchase 08/15/2023 60934N104 36,547.82 Federated Investors Government Obligations Fund

1.000 5.11% 36,547.82 0.00 36,547.82 0.00
Purchase 08/16/2023 31846V567 970.67 First American Govt Obligation MMKT Class-Z

1.000 5.14% 970.67 0.00 970.67 0.00
Purchase 08/16/2023 31846V567 225.75 First American Govt Obligation MMKT Class-Z

1.000 5.14% 225.75 0.00 225.75 0.00
Purchase 08/16/2023 31846V567 13,012.71 First American Govt Obligation MMKT Class-Z

1.000 5.14% 13,012.71 0.00 13,012.71 0.00
Purchase 08/16/2023 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

99.988 5.45% 279,966.43 0.00 279,966.43 0.00
Purchase 08/17/2023 3130AWLZ1 2,000,000.00 FHLB Note

4.75% Due 6/12/2026

99.931 4.78% 1,998,620.00 9,763.89 2,008,383.89 0.00
Purchase 08/18/2023 31846V567 1,134.54 First American Govt Obligation MMKT Class-Z

1.000 5.14% 1,134.54 0.00 1,134.54 0.00
Purchase 08/21/2023 31846V567 63,726.46 First American Govt Obligation MMKT Class-Z

1.000 5.14% 63,726.46 0.00 63,726.46 0.00
Purchase 08/21/2023 31846V567 10,331.15 First American Govt Obligation MMKT Class-Z

1.000 5.14% 10,331.15 0.00 10,331.15 0.00
Purchase 08/21/2023 31846V567 19,712.26 First American Govt Obligation MMKT Class-Z

1.000 5.14% 19,712.26 0.00 19,712.26 0.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 14 34 Transaction Ledger
As of August 31, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 08/21/2023 31846V567 1,286.50 First American Govt Obligation MMKT Class-Z

1.000 5.14% 1,286.50 0.00 1,286.50 0.00
Purchase 08/23/2023 31846V567 38,550.00 First American Govt Obligation MMKT Class-Z

1.000 5.14% 38,550.00 0.00 38,550.00 0.00
Purchase 08/25/2023 31846V567 2,702.50 First American Govt Obligation MMKT Class-Z

1.000 5.14% 2,702.50 0.00 2,702.50 0.00
Purchase 08/25/2023 31846V567 2,463.88 First American Govt Obligation MMKT Class-Z

1.000 5.14% 2,463.88 0.00 2,463.88 0.00
Purchase 08/25/2023 31846V567 2,510.25 First American Govt Obligation MMKT Class-Z

1.000 5.14% 2,510.25 0.00 2,510.25 0.00
Purchase 08/25/2023 31846V567 4,421.67 First American Govt Obligation MMKT Class-Z

1.000 5.14% 4,421.67 0.00 4,421.67 0.00
Purchase 08/25/2023 31846V567 3,371.40 First American Govt Obligation MMKT Class-Z

1.000 5.14% 3,371.40 0.00 3,371.40 0.00
Purchase 08/25/2023 31846V567 936.25 First American Govt Obligation MMKT Class-Z

1.000 5.14% 936.25 0.00 936.25 0.00
Purchase 08/25/2023 31846V567 666.50 First American Govt Obligation MMKT Class-Z

1.000 5.14% 666.50 0.00 666.50 0.00
Purchase 08/25/2023 31846V567 3,319.79 First American Govt Obligation MMKT Class-Z

1.000 5.14% 3,319.79 0.00 3,319.79 0.00
Purchase 08/25/2023 31846V567 27,751.06 First American Govt Obligation MMKT Class-Z

1.000 5.14% 27,751.06 0.00 27,751.06 0.00
Purchase 08/25/2023 31846V567 23,077.37 First American Govt Obligation MMKT Class-Z

1.000 5.14% 23,077.37 0.00 23,077.37 0.00
Purchase 08/31/2023 31846V567 47,062.50 First American Govt Obligation MMKT Class-Z

1.000 5.21% 47,062.50 0.00 47,062.50 0.00
Subtotal 10,687,171.66 10,680,001.59 9,763.89 10,689,765.48 0.00 Security
Contribution
08/16/2023 31846V567 2,377,288.85 First American Govt Obligation MMKT Class-Z

1.000 2,377,288.85 0.00 2,377,288.85 0.00
Subtotal 2,377,288.85 2,377,288.85 0.00 2,377,288.85 0.00 Short Sale 08/10/2023 60934N104 -449,775.00 Federated Investors Government Obligations Fund

1.000 -449,775.00 0.00 -449,775.00 0.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 15 35 Transaction Ledger
As of August 31, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Short Sale 08/14/2023 60934N104 -2,399,468.50 Federated Investors Government Obligations Fund

1.000 -2,399,468.50 0.00 -2,399,468.50 0.00
Short Sale 08/16/2023 60934N104 -279,966.43 Federated Investors Government Obligations Fund

1.000 -279,966.43 0.00 -279,966.43 0.00
Subtotal -3,129,209.93 -3,129,209.93 0.00 -3,129,209.93 0.00 TOTAL ACQUISITIONS 9,935,250.58 9,928,080.51 9,763.89 9,937,844.40 0.00

DISPOSITIONS
Closing
Purchase
08/10/2023 60934N104 -449,775.00 Federated Investors Government Obligations Fund

1.000 -449,775.00 0.00 -449,775.00 0.00
Closing
Purchase
08/14/2023 60934N104 -2,399,468.50 Federated Investors Government Obligations Fund

1.000 -2,399,468.50 0.00 -2,399,468.50 0.00
Closing
Purchase
08/16/2023 60934N104 -279,966.43 Federated Investors Government Obligations Fund

1.000 -279,966.43 0.00 -279,966.43 0.00
Subtotal -3,129,209.93 -3,129,209.93 0.00 -3,129,209.93 0.00 Sale 08/07/2023 3135G06H1 200,000.00 FNMA Note

0.25% Due 11/27/2023

98.419 5.51% 196,838.00 97.22 196,935.22 -2,934.00
Sale 08/10/2023 60934N104 449,775.00 Federated Investors Government Obligations Fund

1.000 5.11% 449,775.00 0.00 449,775.00 0.00
Sale 08/11/2023 3135G06H1 845,000.00 FNMA Note

0.25% Due 11/27/2023

98.484 5.48% 832,189.80 434.24 832,624.04 -11,846.90
Sale 08/11/2023 3137EAEZ8 2,050,000.00 FHLMC Note

0.25% Due 11/6/2023

98.776 5.50% 2,024,908.00 1,352.43 2,026,260.43 -23,247.00 Sale 08/14/2023 60934N104 2,399,468.50 Federated Investors Government Obligations Fund

1.000 5.11% 2,399,468.50 0.00 2,399,468.50 0.00
Sale 08/16/2023 60934N104 279,966.43 Federated Investors Government Obligations Fund

1.000 5.11% 279,966.43 0.00 279,966.43 0.00
Sale 08/17/2023 31846V567 2,008,383.89 First American Govt Obligation MMKT Class-Z

1.000 5.14% 2,008,383.89 0.00 2,008,383.89 0.00
Subtotal 8,232,593.82 8,191,529.62 1,883.89 8,193,413.51 -38,027.90 Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 16 36 Transaction Ledger
As of August 31, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

DISPOSITIONS
Paydown 08/15/2023 02582JJT8 0.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027
100.000 0.00 2,556.63 2,556.63 0.00
Paydown 08/15/2023 44933LAC7 22,245.11 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
100.000 22,245.11 73.16 22,318.27 0.00
Paydown 08/15/2023 44934KAC8 50,374.35 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
100.000 50,374.35 205.18 50,579.53 0.00
Paydown 08/15/2023 47787JAC2 0.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
100.000 0.00 792.67 792.67 0.00
Paydown 08/15/2023 47787NAC3 6,139.83 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
100.000 6,139.83 7.16 6,146.99 0.00
Paydown 08/15/2023 47788UAC6 18,394.66 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
100.000 18,394.66 56.35 18,451.01 0.00
Paydown 08/15/2023 47789QAC4 20,735.00 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
100.000 20,735.00 148.72 20,883.72 0.00
Paydown 08/15/2023 58769KAD6 41,355.26 Mercedes-Benz Auto Lease Trust 2021- B A3

0.4% Due 11/15/2024
100.000 41,355.26 93.46 41,448.72 0.00
Paydown 08/15/2023 89236XAC0 15,617.96 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
100.000 15,617.96 19.42 15,637.38 0.00
Paydown 08/15/2023 89237VAB5 16,127.89 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
100.000 16,127.89 14.81 16,142.70 0.00
Paydown 08/15/2023 89240BAC2 36,476.81 Toyota Auto Receivables Owners 2021- A A3

0.26% Due 5/15/2025
100.000 36,476.81 71.01 36,547.82 0.00
Paydown 08/16/2023 362554AC1 12,875.83 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
100.000 12,875.83 136.88 13,012.71 0.00
Paydown 08/16/2023 36265WAD5 0.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
100.000 0.00 970.67 970.67 0.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 17 37 Transaction Ledger
As of August 31, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

DISPOSITIONS
Paydown 08/16/2023 380146AC4 0.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
100.000 0.00 225.75 225.75 0.00
Paydown 08/18/2023 43815PAC3 0.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
100.000 0.00 1,134.54 1,134.54 0.00
Paydown 08/21/2023 36262XAC8 63,607.31 GM Financial Auto Lease Trust 2021-3 A2

0.39% Due 10/21/2024
100.000 63,607.31 119.15 63,726.46 0.00
Paydown 08/21/2023 43813GAC5 10,310.86 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
100.000 10,310.86 20.29 10,331.15 0.00
Paydown 08/21/2023 43815GAC3 19,476.33 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
100.000 19,476.33 235.93 19,712.26 0.00
Paydown 08/21/2023 92348KAV5 0.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
100.000 0.00 1,286.50 1,286.50 0.00
Paydown 08/25/2023 05593AAC3 0.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
100.000 0.00 666.50 666.50 0.00
Paydown 08/25/2023 05601XAC3 27,536.14 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
100.000 27,536.14 214.92 27,751.06 0.00
Paydown 08/25/2023 05602RAD3 0.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
100.000 0.00 936.25 936.25 0.00
Paydown 08/25/2023 09690AAC7 23,047.36 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
100.000 23,047.36 30.01 23,077.37 0.00
Paydown 08/25/2023 3137BM7C4 0.00 FHLMC K051 A2

3.308% Due 9/25/2025
100.000 0.00 3,371.40 3,371.40 0.00
Paydown 08/25/2023 3137BSP72 0.00 FHLMC K058 A2

2.653% Due 8/25/2026
100.000 0.00 4,421.67 4,421.67 0.00
Paydown 08/25/2023 3137BTUM1 0.00 FHLMC K061 A2

3.347% Due 11/25/2026
100.000 0.00 2,510.25 2,510.25 0.00
Paydown 08/25/2023 3137BVZ82 0.00 FHLMC K063

3.43% Due 1/25/2027
100.000 0.00 2,463.88 2,463.88 0.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 18 38 Transaction Ledger
As of August 31, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

DISPOSITIONS
Paydown 08/25/2023 3137F1G44 0.00 FHLMC K065 A2

3.243% Due 4/25/2027
100.000 0.00 2,702.50 2,702.50 0.00
Paydown 08/25/2023 3137FBU79 0.00 FHLMC K069 A2

3.187% Due 9/25/2027
100.000 0.00 3,319.79 3,319.79 0.00
Subtotal 384,320.70 384,320.70 28,805.45 413,126.15 0.00 Maturity 08/15/2023 742718EB1 1,880,000.00 Procter & Gamble Co Note

3.1% Due 8/15/2023
100.000 1,880,000.00 0.00 1,880,000.00 -77,305.60
Subtotal 1,880,000.00 1,880,000.00 0.00 1,880,000.00 -77,305.60 Security
Withdrawal
08/16/2023 60934N104 2,377,288.85 Federated Investors Government Obligations Fund

1.000 2,377,288.85 0.00 2,377,288.85 0.00
Security
Withdrawal
08/28/2023 31846V567 318.00 First American Govt Obligation MMKT Class-Z

1.000 318.00 0.00 318.00 0.00
Subtotal 2,377,606.85 2,377,606.85 0.00 2,377,606.85 0.00 TOTAL DISPOSITIONS 9,745,311.44 9,704,247.24 30,689.34 9,734,936.58 -115,333.50

OTHER TRANSACTIONS
Interest 08/02/2023 69371RR24 795,000.00 Paccar Financial Corp Note

0.35% Due 2/2/2024

0.000 1,391.25 0.00 1,391.25 0.00
Interest 08/06/2023 594918BX1 1,850,000.00 Microsoft Callable Note Cont 12/6/2023

2.875% Due 2/6/2024

0.000 26,593.75 0.00 26,593.75 0.00
Interest 08/06/2023 857477BR3 335,000.00 State Street Bank Callable Note Cont 2/6/2025

1.746% Due 2/6/2026

0.000 2,924.55 0.00 2,924.55 0.00
Interest 08/09/2023 69371RR40 245,000.00 Paccar Financial Corp Note

0.5% Due 8/9/2024

0.000 612.50 0.00 612.50 0.00
Interest 08/12/2023 14913R2Z9 1,375,000.00 Caterpillar Financial Service Note

3.65% Due 8/12/2025

0.000 25,093.75 0.00 25,093.75 0.00
Interest 08/14/2023 3133ENPG9 1,200,000.00 FFCB Note

1.75% Due 2/14/2025

0.000 10,500.00 0.00 10,500.00 0.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 19 39 Transaction Ledger
As of August 31, 2023
City of Murrieta
Account
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest
Pur/Sold Total Amount Gain/Loss

OTHER TRANSACTIONS
Interest 08/15/2023 26442UAA2 1,000,000.00 Duke Energy Progress LLC Callable Note Cont 5/15/25

3.25% Due 8/15/2025

0.000 16,250.00 0.00 16,250.00 0.00
Interest 08/15/2023 742718EB1 1,880,000.00 Procter & Gamble Co Note

3.1% Due 8/15/2023

0.000 29,140.00 0.00 29,140.00 0.00
Interest 08/15/2023 91282CCT6 2,000,000.00 US Treasury Note

0.375% Due 8/15/2024

0.000 3,750.00 0.00 3,750.00 0.00
Interest 08/23/2023 037833BY5 1,000,000.00 Apple Inc Callable Note Cont 11/23/2025

3.25% Due 2/23/2026

0.000 16,250.00 0.00 16,250.00 0.00
Interest 08/23/2023 3133EKMX1 2,000,000.00 FFCB Note

2.23% Due 2/23/2024

0.000 22,300.00 0.00 22,300.00 0.00
Interest 08/31/2023 912828ZC7 1,200,000.00 US Treasury Note

1.125% Due 2/28/2025

0.000 6,750.00 0.00 6,750.00 0.00
Interest 08/31/2023 91282CAJ0 1,000,000.00 US Treasury Note

0.25% Due 8/31/2025

0.000 1,250.00 0.00 1,250.00 0.00
Interest 08/31/2023 91282CFH9 2,500,000.00 US Treasury Note

3.125% Due 8/31/2027

0.000 39,062.50 0.00 39,062.50 0.00
Subtotal 18,380,000.00 201,868.30 0.00 201,868.30 0.00
Dividend 08/01/2023 60934N104 221,560.33 Federated Investors Government Obligations Fund

0.000 1,357.52 0.00 1,357.52 0.00
Subtotal 221,560.33 1,357.52 0.00 1,357.52 0.00
TOTAL OTHER TRANSACTIONS 18,601,560.33 203,225.82 0.00 203,225.82 0.00 Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 20 40 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income

FIXED INCOME
023135BW5 Amazon.com Inc
Note

0.45% Due 05/12/2024
05/10/2021
05/12/2021
805,000.00
803,824.70

0.00 0.00
803,824.70
794.94

0.00 1,096.81
301.87

0.00 0.00

0.00 301.87
301.87
023135CN4 Amazon.com Inc
Note

4.6% Due 12/01/2025
11/29/2022
12/01/2022
425,000.00
424,974.50

0.00 0.00
424,974.50
3,258.33

0.00 4,887.50
1,629.17

0.00 0.00

0.00 1,629.17
1,629.17
02582JJT8 American Express Credit Trust
2022-2 A

3.39% Due 05/17/2027
05/17/2022
05/24/2022
905,000.00
904,799.81

0.00 0.00
904,799.81
1,363.53
2,556.63
1,363.53
2,556.63

0.00 0.00

0.00 2,556.63
2,556.63
037833BY5 Apple Inc
Callable Note Cont 11/23/2025

3.25% Due 02/23/2026
02/22/2023
02/28/2023
1,000,000.00
959,390.00

0.00 0.00
959,390.00
14,263.89
16,250.00
722.22
2,708.33

0.00 0.00

0.00 2,708.33
2,708.33
05593AAC3 BMW Vehicle Lease Trust
2023-1 A3

5.16% Due 11/25/2025
02/07/2023
02/15/2023
155,000.00
154,996.31

0.00 0.00
154,996.31
133.30
666.50
133.30
666.50

0.00 0.00

0.00 666.50
666.50
05601XAC3 BMW Vehicle Lease Trust
2022-1 A3

1.1% Due 03/25/2025
01/11/2022
01/19/2022
206,924.61
234,425.69

0.00 27,536.14
206,893.67

42.98 214.92

37.94 209.88

4.12 0.00

4.12 214.00
214.00
05602RAD3 BMW Vehicle Owner Trust
2022-A A3

3.21% Due 08/25/2026
05/10/2022
05/18/2022
350,000.00
349,981.80

0.00 0.00
349,981.80
187.25
936.25
187.25
936.25

0.00 0.00

0.00 936.25
936.25
06051GJY6 Bank of America Corp
Callable Note Cont 6/14/2023

5.47% Due 06/14/2024
06/07/2021
06/14/2021
960,000.00
960,064.00

0.00 0.00
960,064.00
7,001.60

0.00 11,523.46
4,521.86

0.00 0.00

0.00 4,521.86
4,521.86
06406RBC0 Bank of NY Mellon Corp
Callable Note Cont 3/25/2025

3.35% Due 04/25/2025
04/19/2022
04/26/2022
900,000.00
899,874.00

0.00 0.00
899,874.00
8,040.00

0.00 10,552.50
2,512.50

0.00 0.00

0.00 2,512.50
2,512.50
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 21 41 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
09690AAC7 BMW Vehicle Lease Trust
2021-2 A3

0.33% Due 12/26/2024
09/08/2021
09/15/2021
86,096.34
109,132.43

0.00 23,047.36
86,087.45

6.00 30.01

4.74 28.75

2.38 0.00

2.38 31.13

31.13 14913R2V8 Caterpillar Financial Service
Note

3.4% Due 05/13/2025
05/10/2022
05/13/2022
480,000.00
479,390.40

0.00 0.00
479,390.40
3,536.00

0.00 4,896.00
1,360.00

0.00 0.00

0.00 1,360.00
1,360.00
14913R2Z9 Caterpillar Financial Service
Note

3.65% Due 08/12/2025
08/08/2022
08/12/2022
1,375,000.00
1,373,336.25

0.00 0.00
1,373,336.25
23,560.24
25,093.75
2,648.78
4,182.29

0.00 0.00

0.00 4,182.29
4,182.29
166764BT6 Chevron Corp
Callable Note Cont 1/3/2024

2.895% Due 03/03/2024
11/04/2019
11/04/2019
900,000.00
935,334.00

0.00 0.00
935,334.00
10,711.50

0.00 12,882.75
2,171.25

0.00 0.00

0.00 2,171.25
2,171.25
24422EVN6 John Deere Capital Corp
Note

0.45% Due 01/17/2024
03/01/2021
03/04/2021
865,000.00
864,385.85

0.00 0.00
864,385.85
151.38

0.00 475.75
324.37

0.00 0.00

0.00 324.37
324.37
24422EVQ9 John Deere Capital Corp
Note

0.45% Due 06/07/2024
06/07/2021
06/10/2021
760,000.00
759,050.00

0.00 0.00
759,050.00
513.00

0.00 798.00
285.00

0.00 0.00

0.00 285.00
285.00
26442UAA2 Duke Energy Progress LLC
Callable Note Cont 5/15/25

3.25% Due 08/15/2025
06/23/2022
06/27/2022
1,000,000.00
990,710.00

0.00 0.00
990,710.00
14,986.11
16,250.00
1,444.44
2,708.33

0.00 0.00

0.00 2,708.33
2,708.33
3130A1XJ2 FHLB
Note

2.875% Due 06/14/2024
09/13/2019
09/13/2019
2,000,000.00
2,101,140.00

0.00 0.00
2,101,140.00
7,506.94

0.00 12,298.61
4,791.67

0.00 0.00

0.00 4,791.67
4,791.67
3130AQF40 FHLB
Note
1% Due 12/20/2024
12/21/2021
12/22/2021
1,400,000.00
1,398,768.00

0.00 0.00
1,398,768.00
1,594.44

0.00 2,761.11
1,166.67

0.00 0.00

0.00 1,166.67
1,166.67
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 22 42 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3130AVVX7 FHLB
Note

3.75% Due 06/09/2028
06/07/2023
06/09/2023
1,120,000.00
1,107,243.20

0.00 0.00
1,107,243.20
10,266.67

0.00 13,766.67
3,500.00

0.00 0.00

0.00 3,500.00
3,500.00
3130AWC24 FHLB
Note
4% Due 06/09/2028
07/06/2023
07/10/2023
2,000,000.00
1,956,940.00

0.00 0.00
1,956,940.00
13,333.33

0.00 20,000.00
6,666.67

0.00 0.00

0.00 6,666.67
6,666.67
3130AWLZ1 FHLB
Note

4.75% Due 06/12/2026
08/16/2023
08/17/2023
2,000,000.00

0.00 1,998,620.00

0.00 1,998,620.00

0.00 (9,763.89)
13,458.33
3,694.44

0.00 0.00

0.00 3,694.44
3,694.44
3133EHN25 FFCB
Note

2.2% Due 11/01/2023
06/20/2019
06/20/2019
2,000,000.00
2,031,280.00

0.00 0.00
2,031,280.00
11,000.00

0.00 14,666.67
3,666.67

0.00 0.00

0.00 3,666.67
3,666.67
3133EKMX1 FFCB
Note

2.23% Due 02/23/2024
07/16/2019
07/16/2019
2,000,000.00
2,022,820.00

0.00 0.00
2,022,820.00
19,574.44
22,300.00
991.11
3,716.67

0.00 0.00

0.00 3,716.67
3,716.67
3133ENKS8 FFCB
Note

1.125% Due 01/06/2025
01/06/2022
01/11/2022
755,000.00
753,301.25

0.00 0.00
753,301.25
589.84

0.00 1,297.66
707.82

0.00 0.00

0.00 707.82
707.82
3133ENPG9 FFCB
Note

1.75% Due 02/14/2025
02/25/2022
02/28/2022
1,200,000.00
1,197,456.00

0.00 0.00
1,197,456.00
9,741.67
10,500.00
991.67
1,750.00

0.00 0.00

0.00 1,750.00
1,750.00
3133EPSW6 FFCB
Note

4.5% Due 08/14/2026
08/09/2023
08/14/2023
2,405,000.00

0.00 2,399,468.50

0.00 2,399,468.50

0.00 0.00
5,110.63
5,110.63

0.00 0.00

0.00 5,110.63
5,110.63
3135G06H1 FNMA
Note
Due 11/27/2023
11/23/2020
11/25/2020

0.00 1,043,808.70

0.00 1,043,808.70

0.00 464.44
531.46

0.00 67.02

0.00 0.00

0.00 67.02

67.02 Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 23 43 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3135G0U43 FNMA
Note

2.875% Due 09/12/2023
06/26/2019
06/26/2019
1,000,000.00
1,040,880.00

0.00 0.00
1,040,880.00
11,100.69

0.00 13,496.53
2,395.84

0.00 0.00

0.00 2,395.84
2,395.84
3135G0V75 FNMA
Note

1.75% Due 07/02/2024
10/21/2019
10/21/2019
2,000,000.00
2,007,660.00

0.00 0.00
2,007,660.00
2,819.44

0.00 5,736.11
2,916.67

0.00 0.00

0.00 2,916.67
2,916.67
3137BM7C4 FHLMC
K051 A2

3.308% Due 09/25/2025
06/23/2022
06/28/2022
1,223,000.00
1,220,420.23

0.00 0.00
1,220,420.23
3,371.40
3,371.40
3,371.40
3,371.40

0.00 0.00

0.00 3,371.40
3,371.40
3137BSP72 FHLMC
K058 A2

2.653% Due 08/25/2026
02/09/2023
02/14/2023
2,000,000.00
1,890,546.88

0.00 0.00
1,890,546.88
4,421.67
4,421.67
4,421.67
4,421.67

0.00 0.00

0.00 4,421.67
4,421.67
3137BTUM1 FHLMC
K061 A2

3.347% Due 11/25/2026
09/22/2022
09/27/2022
900,000.00
867,691.41

0.00 0.00
867,691.41
2,510.25
2,510.25
2,510.25
2,510.25

0.00 0.00

0.00 2,510.25
2,510.25
3137BVZ82 FHLMC
K063

3.43% Due 01/25/2027
Various
Various
862,000.00
839,600.51

0.00 0.00
839,600.51
2,463.89
2,463.88
2,463.89
2,463.88

0.00 0.00

0.00 2,463.88
2,463.88
3137EAEY1 FHLMC
Note

0.125% Due 10/16/2023
10/14/2020
10/16/2020
1,575,000.00
1,569,125.25

0.00 0.00
1,569,125.25
574.22

0.00 738.28
164.06

0.00 0.00

0.00 164.06
164.06
3137EAEZ8 FHLMC
Note
Due 11/06/2023
11/03/2020
11/05/2020

0.00 2,048,155.00

0.00 2,048,155.00

0.00 1,210.07
1,352.43

0.00 142.36

0.00 0.00

0.00 142.36
142.36
3137EAFA2 FHLMC
Note

0.25% Due 12/04/2023
12/02/2020
12/04/2020
1,465,000.00
1,463,549.65

0.00 0.00
1,463,549.65
579.90

0.00 885.10
305.20

0.00 0.00

0.00 305.20
305.20
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 24 44 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
3137F1G44 FHLMC
K065 A2

3.243% Due 04/25/2027
09/19/2022
09/22/2022
1,000,000.00
965,468.75

0.00 0.00
965,468.75
2,702.50
2,702.50
2,702.50
2,702.50

0.00 0.00

0.00 2,702.50
2,702.50
3137FBU79 FHLMC
K069 A2

3.187% Due 09/25/2027
05/18/2023
05/23/2023
1,250,000.00
1,200,732.43

0.00 0.00
1,200,732.43
3,319.79
3,319.79
3,319.79
3,319.79

0.00 0.00

0.00 3,319.79
3,319.79
341081GN1 Florida Power and Light
Callable Note Cont 3/15/2028

4.4% Due 05/15/2028
05/22/2023
05/24/2023
1,500,000.00
1,484,025.00

0.00 0.00
1,484,025.00
13,383.33

0.00 18,883.33
5,500.00

0.00 0.00

0.00 5,500.00
5,500.00
362554AC1 GM Financial Securitized Term
2021-4 A3

0.68% Due 09/16/2026
10/13/2021
10/21/2021
228,674.90
241,544.58

0.00 12,875.83
228,669.08

68.44 136.88

64.79 133.23

0.33 0.00

0.33 133.56
133.56
36262XAC8 GM Financial Auto Lease Trust
2021-3 A2

0.39% Due 10/21/2024
08/10/2021
08/18/2021
302,993.27
366,595.59

0.00 63,607.31
302,989.15

43.69 119.15

36.11 111.57

0.87 0.00

0.87 112.44
112.44
36265WAD5 GM Financial Securitized Auto
2022-3 A3

3.64% Due 04/16/2027
07/06/2022
07/13/2022
320,000.00
319,997.79

0.00 0.00
319,997.79
485.33
970.67
485.33
970.67

0.00 0.00

0.00 970.67
970.67
379929AD4 GM Financial Auto Leasing
2023-3 A3

5.38% Due 11/20/2026
08/08/2023
08/16/2023
280,000.00

0.00 279,966.43

0.00 279,966.43

0.00 0.00
627.67
627.67

0.00 0.00

0.00 627.67
627.67
380146AC4 GM Financial Auto Receivables
2022-1 A3

1.26% Due 11/16/2026
01/11/2022
01/19/2022
215,000.00
214,981.32

0.00 0.00
214,981.32
112.88
225.75
112.88
225.75

0.00 0.00

0.00 225.75
225.75
437076CR1 Home Depot
Callable Note Cont 8/15/2025
4% Due 09/15/2025
09/14/2022
09/19/2022
1,000,000.00
996,380.00

0.00 0.00
996,380.00
15,111.11

0.00 18,444.44
3,333.33

0.00 0.00

0.00 3,333.33
3,333.33
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 25 45 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
43813GAC5 Honda Auto Receivables Trust
2021-1 A3

0.27% Due 04/21/2025
02/17/2021
02/24/2021
79,845.98
90,155.19

0.00 10,310.86
79,844.52

6.76 20.29

5.99 19.52

0.19 0.00

0.19 19.71

19.71 43815GAC3 Honda Auto Receivables Trust
2021-4 A3

0.88% Due 01/21/2026
11/16/2021
11/24/2021
302,241.44
321,649.96

0.00 19,476.33
302,177.74

78.64 235.93

73.88 231.17

4.11 0.00

4.11 235.28
235.28
43815PAC3 Honda Auto Receivables
2022-2 A3

3.73% Due 07/20/2026
08/15/2022
08/24/2022
365,000.00
364,978.25

0.00 0.00
364,978.25
491.63
1,134.54
491.63
1,134.54

0.00 0.00

0.00 1,134.54
1,134.54
438516CB0 Honeywell Intl
Callable Note Cont 5/1/2025

1.35% Due 06/01/2025
03/09/2022
03/11/2022
1,000,000.00
970,280.00

0.00 0.00
970,280.00
2,250.00

0.00 3,375.00
1,125.00

0.00 0.00

0.00 1,125.00
1,125.00
44933LAC7 Hyundai Auto Receivables Trust
2021-A A3

0.38% Due 09/15/2025
04/20/2021
04/28/2021
208,790.10
231,010.90

0.00 22,245.11
208,768.13

39.02 73.16

35.26 69.40

2.34 0.00

2.34 71.74

71.74 44934KAC8 Hyundai Auto Receivables Trust
2021-B A3

0.38% Due 01/15/2026
07/20/2021
07/28/2021
597,562.92
647,794.27

0.00 50,374.35
597,431.04
109.43
205.18
100.92
196.67

11.12 0.00

11.12 207.79
207.79
4581X0DZ8 Inter-American Dev Bank
Note

0.5% Due 09/23/2024
09/15/2021
09/23/2021
1,585,000.00
1,583,827.10

0.00 0.00
1,583,827.10
2,817.78

0.00 3,478.19
660.41

0.00 0.00

0.00 660.41
660.41
459058JM6 Intl. Bank Recon & Development
Note

0.25% Due 11/24/2023
11/17/2020
11/24/2020
750,000.00
748,387.50

0.00 0.00
748,387.50
348.96

0.00 505.21
156.25

0.00 0.00

0.00 156.25
156.25
459058KT9 Intl. Bank Recon & Development
Note

3.5% Due 07/12/2028
07/24/2023
07/26/2023
500,000.00
483,115.00

0.00 0.00
483,115.00
923.61

0.00 2,381.94
1,458.33

0.00 0.00

0.00 1,458.33
1,458.33
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 26 46 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
47787JAC2 John Deere Owner Trust
2022-A A3

2.32% Due 09/16/2026
03/10/2022
03/16/2022
410,000.00
409,909.31

0.00 0.00
409,909.31
422.76
792.67
422.76
792.67

0.00 0.00

0.00 792.67
792.67
47787NAC3 John Deere Owner Trust
2020-B A3

0.51% Due 11/15/2024
07/14/2020
07/22/2020
10,699.82
16,837.08

0.00 6,139.83
10,698.19

3.82 7.16

2.43 5.77

0.94 0.00

0.94 6.71

6.71 47788UAC6 John Deere Owner Trust
2021-A A3

0.36% Due 09/15/2025
03/02/2021
03/10/2021
169,423.26
187,781.83

0.00 18,394.66
169,390.70

30.05 56.35

27.11 53.41

3.53 0.00

3.53 56.94

56.94 47789QAC4 John Deere Owner Trust
2021-B A3

0.52% Due 03/16/2026
07/13/2021
07/21/2021
322,473.91
343,178.30

0.00 20,735.00
322,445.15

79.32 148.72

74.53 143.93

1.85 0.00

1.85 145.78
145.78
57629W6F2 Mass Mutual Global funding
Note

4.5% Due 04/10/2026
04/04/2023
04/12/2023
750,000.00
749,482.50

0.00 0.00
749,482.50
10,218.75

0.00 13,031.25
2,812.50

0.00 0.00

0.00 2,812.50
2,812.50
58769KAD6 Mercedes-Benz Auto Lease Trust
2021-B A3

0.4% Due 11/15/2024
06/22/2021
06/29/2021
239,027.62
280,361.72

0.00 41,355.26
239,009.58

49.85 93.46

42.49 86.10

3.12 0.00

3.12 89.22

89.22 58989V2F0 Met Tower Global Funding
Note

5.4% Due 06/20/2026
06/12/2023
06/20/2023
1,000,000.00
1,000,440.00

0.00 0.00
1,000,440.00
6,150.00

0.00 10,650.00
4,500.00

0.00 0.00

0.00 4,500.00
4,500.00
594918BX1 Microsoft
Callable Note Cont 12/6/2023

2.875% Due 02/06/2024
07/18/2019
07/18/2019
1,850,000.00
1,914,361.50

0.00 0.00
1,914,361.50
25,855.03
26,593.75
3,693.58
4,432.30

0.00 0.00

0.00 4,432.30
4,432.30
61747YET8 Morgan Stanley
Callable Note Cont 7/17/2025

4.679% Due 07/17/2026
09/14/2022
09/16/2022
1,000,000.00
994,030.00

0.00 0.00
994,030.00
1,819.61

0.00 5,718.78
3,899.17

0.00 0.00

0.00 3,899.17
3,899.17
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 27 47 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
63743HFE7 National Rural Utilities
Note

3.45% Due 06/15/2025
Various
Various
1,105,000.00
1,099,973.65

0.00 0.00
1,099,973.65
4,871.21

0.00 8,048.09
3,176.88

0.00 0.00

0.00 3,176.88
3,176.88
665859AW4 Northern Trust Company
Callable Note Cont 4/10/2027
4% Due 05/10/2027
09/14/2022
09/16/2022
1,000,000.00
990,460.00

0.00 0.00
990,460.00
9,000.00

0.00 12,333.33
3,333.33

0.00 0.00

0.00 3,333.33
3,333.33
69371RR24 Paccar Financial Corp
Note

0.35% Due 02/02/2024
01/28/2021
02/02/2021
795,000.00
794,077.80

0.00 0.00
794,077.80
1,383.52
1,391.25
224.15
231.88

0.00 0.00

0.00 231.88
231.88
69371RR40 Paccar Financial Corp
Note

0.5% Due 08/09/2024
08/03/2021
08/09/2021
245,000.00
244,867.70

0.00 0.00
244,867.70
585.28
612.50

74.86 102.08

0.00 0.00

0.00 102.08
102.08
69371RS56 Paccar Financial Corp
Note

5.05% Due 08/10/2026
08/03/2023
08/10/2023
450,000.00

0.00 449,775.00

0.00 449,775.00

0.00 0.00
1,325.63
1,325.63

0.00 0.00

0.00 1,325.63
1,325.63
717081EN9 Pfizer Inc.

Callable Note Cont 8/15/2023

3.2% Due 09/15/2023
06/26/2019
06/26/2019
1,250,000.00
1,298,250.00

0.00 0.00
1,298,250.00
15,111.11

0.00 18,444.44
3,333.33

0.00 0.00

0.00 3,333.33
3,333.33
742718EB1 Procter & Gamble Co
Note
Due 08/15/2023
06/27/2019
06/27/2019

0.00 1,957,305.60

0.00 1,957,305.60

0.00 26,873.56
29,140.00

0.00 2,266.44

0.00 0.00

0.00 2,266.44
2,266.44
74456QBU9 Public Service El & Gas
Callable Note Cont 02/01/28

3.7% Due 05/01/2028
06/22/2023
06/26/2023
750,000.00
715,005.00

0.00 0.00
715,005.00
6,937.50

0.00 9,250.00
2,312.50

0.00 0.00

0.00 2,312.50
2,312.50
78016EYM3 Royal Bank of Canada
Note

1.6% Due 01/21/2025
01/12/2022
01/21/2022
1,000,000.00
1,000,000.00

0.00 0.00
1,000,000.00
444.44

0.00 1,777.78
1,333.34

0.00 0.00

0.00 1,333.34
1,333.34
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 28 48 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
79466LAG9 Salesforce.com Inc
Callable Note Cont 7/15/2022

0.625% Due 07/15/2024
06/29/2021
07/12/2021
200,000.00
199,898.00

0.00 0.00
199,898.00

55.56 0.00
159.72
104.16

0.00 0.00

0.00 104.16
104.16
808513BN4 Charles Schwab Corp
Callable Note Cont 2/18/2024

0.75% Due 03/18/2024
03/16/2021
03/18/2021
575,000.00
574,712.50

0.00 0.00
574,712.50
1,593.23

0.00 1,952.60
359.37

0.00 0.00

0.00 359.37
359.37
857477BR3 State Street Bank
Callable Note Cont 2/6/2025

1.746% Due 02/06/2026
02/02/2022
02/07/2022
335,000.00
335,000.00

0.00 0.00
335,000.00
2,843.31
2,924.55
406.19
487.43

0.00 0.00

0.00 487.43
487.43
89115A2A9 Toronto-Dominion Bank
Note

3.766% Due 06/06/2025
06/02/2022
06/08/2022
1,000,000.00
1,001,830.00

0.00 0.00
1,001,830.00
5,753.61

0.00 8,891.94
3,138.33

0.00 0.00

0.00 3,138.33
3,138.33
89236TJH9 Toyota Motor Credit Corp
Note

0.5% Due 06/18/2024
06/15/2021
06/18/2021
1,140,000.00
1,138,643.40

0.00 0.00
1,138,643.40
680.83

0.00 1,155.83
475.00

0.00 0.00

0.00 475.00
475.00
89236XAC0 Toyota Auto Receivables
2020-D A3

0.35% Due 01/15/2025
10/06/2020
10/13/2020
50,956.20
66,561.76

0.00 15,617.96
50,946.71

10.36 19.42

7.93 16.99

2.91 0.00

2.91 19.90

19.90 89237VAB5 Toyota Auto Receivables Trust
2020-C A3

0.44% Due 10/15/2024
07/21/2020
07/27/2020
24,269.80
40,394.59

0.00 16,127.89
24,267.94

7.90 14.81

4.75 11.66

1.24 0.00

1.24 12.90

12.90 89240BAC2 Toyota Auto Receivables Owners
2021-A A3

0.26% Due 05/15/2025
02/02/2021
02/08/2021
291,265.96
327,681.94

0.00 36,476.81
291,211.90

37.87 71.01

33.66 66.80

6.77 0.00

6.77 73.57

73.57 91159HHX1 US Bancorp
Callable Note Cont 6/28/2024

2.4% Due 07/30/2024
11/09/2021
11/12/2021
1,000,000.00
1,041,550.00

0.00 0.00
1,041,550.00

66.67 0.00
2,066.67
2,000.00

0.00 0.00

0.00 2,000.00
2,000.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 29 49 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
9128283F5 US Treasury
Note

2.25% Due 11/15/2027
06/07/2023
06/09/2023
1,400,000.00
1,298,937.50

0.00 0.00
1,298,937.50
6,676.63

0.00 9,330.16
2,653.53

0.00 0.00

0.00 2,653.53
2,653.53
9128285C0 US Treasury
Note
3% Due 09/30/2025
Various
Various
3,250,000.00
3,259,882.81

0.00 0.00
3,259,882.81
32,766.39

0.00 41,024.59
8,258.20

0.00 0.00

0.00 8,258.20
8,258.20
9128285J5 US Treasury
Note
3% Due 10/31/2025
06/23/2022
06/24/2022
2,500,000.00
2,498,632.81

0.00 0.00
2,498,632.81
18,953.80

0.00 25,271.74
6,317.94

0.00 0.00

0.00 6,317.94
6,317.94
9128285T3 US Treasury
Note

2.625% Due 12/31/2025
09/14/2022
09/15/2022
2,500,000.00
2,412,792.97

0.00 0.00
2,412,792.97
5,706.52

0.00 11,234.71
5,528.19

0.00 0.00

0.00 5,528.19
5,528.19
9128285Z9 US Treasury
Note

2.5% Due 01/31/2024
09/13/2019
09/13/2019
2,000,000.00
2,065,631.70

0.00 0.00
2,065,631.70
135.87

0.00 4,347.83
4,211.96

0.00 0.00

0.00 4,211.96
4,211.96
9128286L9 US Treasury
Note

2.25% Due 03/31/2026
09/14/2022
09/15/2022
2,500,000.00
2,377,832.03

0.00 0.00
2,377,832.03
18,903.69

0.00 23,668.03
4,764.34

0.00 0.00

0.00 4,764.34
4,764.34
912828M56 US Treasury
Note

2.25% Due 11/15/2025
06/23/2022
06/24/2022
2,500,000.00
2,431,152.34

0.00 0.00
2,431,152.34
11,922.55

0.00 16,661.01
4,738.46

0.00 0.00

0.00 4,738.46
4,738.46
912828YM6 US Treasury
Note

1.5% Due 10/31/2024
09/24/2021
09/27/2021
1,700,000.00
1,749,273.44

0.00 0.00
1,749,273.44
6,444.29

0.00 8,592.39
2,148.10

0.00 0.00

0.00 2,148.10
2,148.10
912828Z52 US Treasury
Note

1.375% Due 01/31/2025
06/04/2021
06/07/2021
2,000,000.00
2,062,500.00

0.00 0.00
2,062,500.00

74.73 0.00
2,391.30
2,316.57

0.00 0.00

0.00 2,316.57
2,316.57
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 30 50 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
912828ZC7 US Treasury
Note

1.125% Due 02/28/2025
02/09/2022
02/10/2022
1,200,000.00
1,183,359.38

0.00 0.00
1,183,359.38
5,649.46
6,750.00

37.09 1,137.63

0.00 0.00

0.00 1,137.63
1,137.63
912828ZF0 US Treasury
Note

0.5% Due 03/31/2025
03/03/2021
03/04/2021
2,000,000.00
1,997,031.25

0.00 0.00
1,997,031.25
3,360.66

0.00 4,207.65
846.99

0.00 0.00

0.00 846.99
846.99
912828ZL7 US Treasury
Note

0.375% Due 04/30/2025
04/12/2021
04/13/2021
2,000,000.00
1,977,343.75

0.00 0.00
1,977,343.75
1,895.38

0.00 2,527.17
631.79

0.00 0.00

0.00 631.79
631.79
912828ZT0 US Treasury
Note

0.25% Due 05/31/2025
10/14/2021
10/15/2021
1,800,000.00
1,765,757.81

0.00 0.00
1,765,757.81
762.30

0.00 1,143.44
381.14

0.00 0.00

0.00 381.14
381.14
91282CAB7 US Treasury
Note

0.25% Due 07/31/2025
12/02/2021
12/03/2021
2,000,000.00
1,942,031.25

0.00 0.00
1,942,031.25

13.59 0.00
434.78
421.19

0.00 0.00

0.00 421.19
421.19
91282CAJ0 US Treasury
Note

0.25% Due 08/31/2025
03/22/2022
03/23/2022
1,000,000.00
928,828.13

0.00 0.00
928,828.13
1,046.20
1,250.00

6.87 210.67

0.00 0.00

0.00 210.67
210.67
91282CBA8 US Treasury
Note

0.125% Due 12/15/2023
01/06/2021
01/07/2021
2,000,000.00
1,995,781.25

0.00 0.00
1,995,781.25
321.04

0.00 532.79
211.75

0.00 0.00

0.00 211.75
211.75
91282CBE0 US Treasury
Note

0.125% Due 01/15/2024
01/12/2021
01/15/2021
2,000,000.00
1,992,890.63

0.00 0.00
1,992,890.63
115.49

0.00 326.09
210.60

0.00 0.00

0.00 210.60
210.60
91282CBR1 US Treasury
Note

0.25% Due 03/15/2024
06/28/2021
06/29/2021
2,000,000.00
1,991,875.00

0.00 0.00
1,991,875.00
1,888.59

0.00 2,309.78
421.19

0.00 0.00

0.00 421.19
421.19
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 31 51 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91282CBV2 US Treasury
Note

0.375% Due 04/15/2024
04/28/2021
04/29/2021
1,100,000.00
1,100,644.53

0.00 0.00
1,100,644.53
1,217.21

0.00 1,566.60
349.39

0.00 0.00

0.00 349.39
349.39
91282CCC3 US Treasury
Note

0.25% Due 05/15/2024
05/12/2021
05/17/2021
1,000,000.00
996,875.00

0.00 0.00
996,875.00
529.89

0.00 740.49
210.60

0.00 0.00

0.00 210.60
210.60
91282CCT6 US Treasury
Note

0.375% Due 08/15/2024
08/26/2021
08/27/2021
2,000,000.00
1,995,234.38

0.00 0.00
1,995,234.38
3,459.94
3,750.00
346.47
636.53

0.00 0.00

0.00 636.53
636.53
91282CCX7 US Treasury
Note

0.375% Due 09/15/2024
09/10/2021
09/15/2021
1,800,000.00
1,796,484.38

0.00 0.00
1,796,484.38
2,549.59

0.00 3,118.21
568.62

0.00 0.00

0.00 568.62
568.62
91282CDH1 US Treasury
Note

0.75% Due 11/15/2024
11/29/2021
11/30/2021
2,000,000.00
1,996,328.13

0.00 0.00
1,996,328.13
3,179.35

0.00 4,442.93
1,263.58

0.00 0.00

0.00 1,263.58
1,263.58
91282CDN8 US Treasury
Note
1% Due 12/15/2024
12/29/2021
12/30/2021
900,000.00
900,386.72

0.00 0.00
900,386.72
1,155.74

0.00 1,918.03
762.29

0.00 0.00

0.00 762.29
762.29
91282CEF4 US Treasury
Note

2.5% Due 03/31/2027
11/17/2022
11/18/2022
2,500,000.00
2,349,414.06

0.00 0.00
2,349,414.06
21,004.10

0.00 26,297.81
5,293.71

0.00 0.00

0.00 5,293.71
5,293.71
91282CEW7 US Treasury
Note

3.25% Due 06/30/2027
12/12/2022
12/13/2022
1,300,000.00
1,266,687.50

0.00 0.00
1,266,687.50
3,673.91

0.00 7,233.02
3,559.11

0.00 0.00

0.00 3,559.11
3,559.11
91282CFB2 US Treasury
Note

2.75% Due 07/31/2027
07/26/2023
07/27/2023
2,000,000.00
1,887,109.38

0.00 0.00
1,887,109.38
149.46

0.00 4,782.61
4,633.15

0.00 0.00

0.00 4,633.15
4,633.15
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 32 52 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
91282CFH9 US Treasury
Note

3.125% Due 08/31/2027
01/24/2023
01/25/2023
2,500,000.00
2,445,117.19

0.00 0.00
2,445,117.19
32,693.61
39,062.50
214.63
6,583.52

0.00 0.00

0.00 6,583.52
6,583.52
91282CFM8 US Treasury
Note

4.125% Due 09/30/2027
02/22/2023
02/28/2023
1,600,000.00
1,595,500.00

0.00 0.00
1,595,500.00
22,180.33

0.00 27,770.49
5,590.16

0.00 0.00

0.00 5,590.16
5,590.16
91324PEB4 United Health Group Inc
Callable Note Cont 5/15/2022

0.55% Due 05/15/2024
11/08/2021
11/10/2021
425,000.00
422,560.50

0.00 0.00
422,560.50
493.47

0.00 688.26
194.79

0.00 0.00

0.00 194.79
194.79
92348KAV5 Verizon Master Trust
2022-5 A1A

3.72% Due 07/20/2027
08/02/2022
08/11/2022
415,000.00
414,981.74

0.00 0.00
414,981.74
471.72
1,286.50
471.72
1,286.50

0.00 0.00

0.00 1,286.50
1,286.50
Total Fixed Income 123,416,246.13
122,816,431.19
5,127,829.93
5,433,590.00
122,510,716.94
564,246.90
222,793.75
561,204.71
219,751.56

45.82 0.00

45.82 219,797.38 219,797.38

CASH & EQUIVALENT
31846V567 First American
Govt Obligation MMKT Class-Z
Various
Various
635,820.17

0.00 2,644,522.06
2,008,701.89
635,820.17

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 33 53 Income Earned
As of August 31, 2023
City of Murrieta
Account
CUSIP Security Description
Trade Date
Settle Date
Units
Book Value: Begin
Book Value: Acq
Book Value: Disp
Book Value: End
Prior Accrued
Inc. Received
Ending Accrued
Total Interest
Accr. Of Discount
Amort. Of Premium
Net Accret/Amort
Income Earned
Total Income
60934N104 Federated Investors
Government Obligations Fund
Various
Various

0.00 221,560.33
2,155,728.52
2,377,288.85

0.00 0.00
1,357.52

0.00 1,357.52

0.00 0.00

0.00 1,357.52
1,357.52
Total Cash & Equivalent 635,820.17
221,560.33
4,800,250.58
4,385,990.74
635,820.17

0.00 1,357.52

0.00 1,357.52

0.00 0.00

0.00 1,357.52
1,357.52
TOTAL PORTFOLIO 124,052,066.30
123,037,991.52
9,928,080.51
9,819,580.74
123,146,537.11
564,246.90
224,151.27
561,204.71
221,109.08

45.82 0.00

45.82 221,154.90 221,154.90
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 34 54 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/03/2023 Interest 166764BT6 900,000.00 Chevron Corp Callable Note Cont 1/3/2024

2.895% Due 3/3/2024

0.00 13,027.50 13,027.50
09/12/2023 Maturity 3135G0U43 1,000,000.00 FNMA Note

2.875% Due 9/12/2023
1,000,000.00 14,375.00 1,014,375.00
09/14/2023 Interest 06051GJY6 960,000.00 Bank of America Corp Callable Note Cont 6/14/2023

5.47% Due 6/14/2024

0.00 13,419.74 13,419.74
09/15/2023 Interest 437076CR1 1,000,000.00 Home Depot Callable Note Cont 8/15/2025 4% Due 9/15/2025

0.00 20,000.00 20,000.00
09/15/2023 Interest 91282CBR1 2,000,000.00 US Treasury Note

0.25% Due 3/15/2024

0.00 2,500.00 2,500.00
09/15/2023 Interest 91282CCX7 1,800,000.00 US Treasury Note

0.375% Due 9/15/2024

0.00 3,375.00 3,375.00
09/15/2023 Maturity 717081EN9 1,250,000.00 Pfizer Inc. Callable Note Cont 8/15/2023

3.2% Due 9/15/2023
1,250,000.00 20,000.00 1,270,000.00
09/15/2023 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
3,091.57 14.86 3,106.43
09/15/2023 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,941.10 189.23 46,130.33
09/15/2023 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
09/15/2023 Paydown 44933LAC7 208,790.10 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,168.75 66.12 23,234.87
09/15/2023 Paydown 47787NAC3 10,699.82 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
2,138.29 4.55 2,142.84
09/15/2023 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,958.31 139.74 17,098.05
09/15/2023 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,729.43 8.90 1,738.33
09/15/2023 Paydown 89240BAC2 291,265.96 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
41,568.87 63.11 41,631.98
09/15/2023 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026

0.00 792.67 792.67
09/15/2023 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,076.11 50.83 12,126.94
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 35 55 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/15/2023 Paydown 58769KAD6 239,027.62 Mercedes-Benz Auto Lease Trust 2021-B A3

0.4% Due 11/15/2024
47,796.76 79.68 47,876.44
09/16/2023 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,010.27 129.58 12,139.85
09/16/2023 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
9,796.52 225.75 10,022.27
09/16/2023 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
09/18/2023 Interest 808513BN4 575,000.00 Charles Schwab Corp Callable Note Cont 2/18/2024

0.75% Due 3/18/2024

0.00 2,156.25 2,156.25
09/18/2023 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026

0.00 1,134.54 1,134.54
09/19/2023 Paydown 3137F1G44 0.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
09/19/2023 Paydown 3137FBU79 0.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
09/19/2023 Paydown 3137BM7C4 0.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
09/19/2023 Paydown 3137BSP72 0.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
09/19/2023 Paydown 3137BTUM1 0.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
09/19/2023 Paydown 3137BVZ82 0.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.88 2,463.88
09/20/2023 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,422.71 1,422.71
09/20/2023 Paydown 36262XAC8 302,993.27 GM Financial Auto Lease Trust 2021-3 A2

0.39% Due 10/21/2024
60,574.42 98.47 60,672.89
09/20/2023 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027

0.00 1,286.50 1,286.50
09/21/2023 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,757.92 221.64 16,979.56
09/21/2023 Paydown 43813GAC5 79,845.98 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,398.30 17.97 11,416.27
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 36 56 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/23/2023 Interest 4581X0DZ8 1,585,000.00 Inter-American Dev Bank Note

0.5% Due 9/23/2024

0.00 3,962.50 3,962.50
09/25/2023 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026

0.00 936.25 936.25
09/25/2023 Paydown 09690AAC7 86,096.34 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
21,516.28 23.68 21,539.96
09/25/2023 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
09/25/2023 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
09/25/2023 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
09/25/2023 Paydown 05601XAC3 206,924.61 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,174.20 189.68 29,363.88
09/25/2023 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
09/25/2023 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
09/25/2023 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
09/25/2023 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
09/30/2023 Interest 91282CFM8 1,600,000.00 US Treasury Note

4.125% Due 9/30/2027

0.00 33,000.00 33,000.00
09/30/2023 Interest 9128285C0 3,250,000.00 US Treasury Note 3% Due 9/30/2025

0.00 48,750.00 48,750.00
09/30/2023 Interest 9128286L9 2,500,000.00 US Treasury Note

2.25% Due 3/31/2026

0.00 28,125.00 28,125.00
09/30/2023 Interest 912828ZF0 2,000,000.00 US Treasury Note

0.5% Due 3/31/2025

0.00 5,000.00 5,000.00
09/30/2023 Interest 91282CEF4 2,500,000.00 US Treasury Note

2.5% Due 3/31/2027

0.00 31,250.00 31,250.00
SEP 2023 2,605,697.10 287,810.24 2,893,507.34
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 37 57 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/10/2023 Interest 57629W6F2 750,000.00 Mass Mutual Global funding Note

4.5% Due 4/10/2026

0.00 16,687.50 16,687.50
10/15/2023 Interest 91282CBV2 1,100,000.00 US Treasury Note

0.375% Due 4/15/2024

0.00 2,062.50 2,062.50
10/15/2023 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
10/15/2023 Paydown 47787NAC3 10,699.82 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
2,139.12 3.64 2,142.76
10/15/2023 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,080.05 47.20 12,127.25
10/15/2023 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,959.87 132.39 17,092.26
10/15/2023 Paydown 58769KAD6 239,027.62 Mercedes-Benz Auto Lease Trust 2021-B A3

0.4% Due 11/15/2024
47,801.15 63.74 47,864.89
10/15/2023 Paydown 89240BAC2 291,265.96 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
41,582.38 54.10 41,636.48
10/15/2023 Paydown 44933LAC7 208,790.10 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,176.29 58.78 23,235.07
10/15/2023 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,945.31 174.68 46,119.99
10/15/2023 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,832.56 792.67 17,625.23
10/15/2023 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
3,080.39 13.96 3,094.35
10/15/2023 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,730.07 8.26 1,738.33
10/16/2023 Maturity 3137EAEY1 1,575,000.00 FHLMC Note

0.125% Due 10/16/2023
1,575,000.00 984.38 1,575,984.38
10/16/2023 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,013.07 122.78 12,135.85
10/16/2023 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
10/16/2023 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
9,839.47 215.46 10,054.93
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 38 58 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/18/2023 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026

0.00 1,134.54 1,134.54
10/20/2023 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027

0.00 1,286.50 1,286.50
10/20/2023 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
10/20/2023 Paydown 36262XAC8 302,993.27 GM Financial Auto Lease Trust 2021-3 A2

0.39% Due 10/21/2024
60,586.53 78.79 60,665.32
10/21/2023 Paydown 43813GAC5 79,845.98 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,401.06 15.40 11,416.46
10/21/2023 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,761.83 209.35 16,971.18
10/25/2023 Interest 06406RBC0 900,000.00 Bank of NY Mellon Corp Callable Note Cont 3/25/2025

3.35% Due 4/25/2025

0.00 15,075.00 15,075.00
10/25/2023 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
10/25/2023 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
10/25/2023 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
10/25/2023 Paydown 05601XAC3 206,924.61 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,302.08 162.94 29,465.02
10/25/2023 Paydown 09690AAC7 86,096.34 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
21,521.48 17.76 21,539.24
10/25/2023 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
10/25/2023 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
10/25/2023 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
37,103.41 936.25 38,039.66
10/25/2023 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 39 59 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/25/2023 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
10/31/2023 Interest 9128285J5 2,500,000.00 US Treasury Note 3% Due 10/31/2025

0.00 37,500.00 37,500.00
10/31/2023 Interest 912828YM6 1,700,000.00 US Treasury Note

1.5% Due 10/31/2024

0.00 12,750.00 12,750.00
10/31/2023 Interest 912828ZL7 2,000,000.00 US Treasury Note

0.375% Due 4/30/2025

0.00 3,750.00 3,750.00
OCT 2023 1,984,856.12 118,577.20 2,103,433.32
11/01/2023 Interest 74456QBU9 750,000.00 Public Service El & Gas Callable Note Cont 02/01/28

3.7% Due 5/1/2028

0.00 13,875.00 13,875.00
11/01/2023 Maturity 3133EHN25 2,000,000.00 FFCB Note

2.2% Due 11/1/2023
2,000,000.00 22,000.00 2,022,000.00
11/10/2023 Interest 665859AW4 1,000,000.00 Northern Trust Company Callable Note Cont 4/10/2027
4% Due 5/10/2027

0.00 20,000.00 20,000.00
11/12/2023 Interest 023135BW5 805,000.00 Amazon.com Inc Note

0.45% Due 5/12/2024

0.00 1,811.25 1,811.25
11/13/2023 Interest 14913R2V8 480,000.00 Caterpillar Financial Service Note

3.4% Due 5/13/2025

0.00 8,160.00 8,160.00
11/15/2023 Interest 341081GN1 1,500,000.00 Florida Power and Light Callable Note Cont 3/15/2028

4.4% Due 5/15/2028

0.00 32,450.00 32,450.00
11/15/2023 Interest 91282CCC3 1,000,000.00 US Treasury Note

0.25% Due 5/15/2024

0.00 1,250.00 1,250.00
11/15/2023 Interest 91324PEB4 425,000.00 United Health Group Inc Callable Note Cont 5/15/2022

0.55% Due 5/15/2024

0.00 1,168.75 1,168.75
11/15/2023 Interest 912828M56 2,500,000.00 US Treasury Note

2.25% Due 11/15/2025

0.00 28,125.00 28,125.00
11/15/2023 Interest 9128283F5 1,400,000.00 US Treasury Note

2.25% Due 11/15/2027

0.00 15,750.00 15,750.00
11/15/2023 Interest 91282CDH1 2,000,000.00 US Treasury Note

0.75% Due 11/15/2024

0.00 7,500.00 7,500.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 40 60 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/15/2023 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
11/15/2023 Paydown 47787NAC3 10,699.82 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
2,139.96 2.73 2,142.69
11/15/2023 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,961.42 125.04 17,086.46
11/15/2023 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,730.70 7.63 1,738.33
11/15/2023 Paydown 89240BAC2 291,265.96 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
41,595.90 45.09 41,640.99
11/15/2023 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,949.53 160.13 46,109.66
11/15/2023 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,083.97 43.58 12,127.55
11/15/2023 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,854.16 760.12 17,614.28
11/15/2023 Paydown 58769KAD6 239,027.62 Mercedes-Benz Auto Lease Trust 2021-B A3

0.4% Due 11/15/2024
47,805.52 47.81 47,853.33
11/15/2023 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
3,069.09 13.06 3,082.15
11/15/2023 Paydown 44933LAC7 208,790.10 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,183.82 51.44 23,235.26
11/16/2023 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,015.87 115.97 12,131.84
11/16/2023 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
11/16/2023 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
9,882.59 205.13 10,087.72
11/18/2023 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026

0.00 1,134.54 1,134.54
11/20/2023 Paydown 36262XAC8 302,993.27 GM Financial Auto Lease Trust 2021-3 A2

0.39% Due 10/21/2024
60,598.65 59.10 60,657.75
11/20/2023 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027

0.00 1,286.50 1,286.50
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 41 61 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/20/2023 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
11/21/2023 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,765.74 197.06 16,962.80
11/21/2023 Paydown 43813GAC5 79,845.98 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,403.81 12.84 11,416.65
11/24/2023 Maturity 459058JM6 750,000.00 Intl. Bank Recon & Development Note

0.25% Due 11/24/2023
750,000.00 937.50 750,937.50
11/25/2023 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
11/25/2023 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
11/25/2023 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
35,084.63 837.00 35,921.63
11/25/2023 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
11/25/2023 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
11/25/2023 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
11/25/2023 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
11/25/2023 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
11/25/2023 Paydown 05601XAC3 206,924.61 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,430.52 136.08 29,566.60
11/25/2023 Paydown 09690AAC7 86,096.34 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
21,526.69 11.84 21,538.53
11/30/2023 Interest 912828ZT0 1,800,000.00 US Treasury Note

0.25% Due 5/31/2025

0.00 2,250.00 2,250.00
NOV 2023 3,158,082.57 184,768.82 3,342,851.39
12/01/2023 Interest 023135CN4 425,000.00 Amazon.com Inc Note

4.6% Due 12/1/2025

0.00 9,775.00 9,775.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 42 62 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/01/2023 Interest 438516CB0 1,000,000.00 Honeywell Intl Callable Note Cont 5/1/2025

1.35% Due 6/1/2025

0.00 6,750.00 6,750.00
12/04/2023 Maturity 3137EAFA2 1,465,000.00 FHLMC Note

0.25% Due 12/4/2023
1,465,000.00 1,831.25 1,466,831.25
12/06/2023 Interest 89115A2A9 1,000,000.00 Toronto-Dominion Bank Note

3.766% Due 6/6/2025

0.00 18,830.00 18,830.00
12/07/2023 Interest 24422EVQ9 760,000.00 John Deere Capital Corp Note

0.45% Due 6/7/2024

0.00 1,710.00 1,710.00
12/09/2023 Interest 3130AVVX7 1,120,000.00 FHLB Note

3.75% Due 6/9/2028

0.00 25,200.00 25,200.00
12/09/2023 Interest 3130AWC24 2,000,000.00 FHLB Note
4% Due 6/9/2028

0.00 41,777.78 41,777.78
12/12/2023 Interest 3130AWLZ1 2,000,000.00 FHLB Note

4.75% Due 6/12/2026

0.00 40,111.11 40,111.11
12/14/2023 Interest 3130A1XJ2 2,000,000.00 FHLB Note

2.875% Due 6/14/2024

0.00 28,750.00 28,750.00
12/14/2023 Interest 06051GJY6 960,000.00 Bank of America Corp Callable Note Cont 6/14/2023

5.47% Due 6/14/2024

0.00 13,856.26 13,856.26
12/15/2023 Interest 91282CDN8 900,000.00 US Treasury Note 1% Due 12/15/2024

0.00 4,500.00 4,500.00
12/15/2023 Interest 63743HFE7 1,105,000.00 National Rural Utilities Note

3.45% Due 6/15/2025

0.00 19,061.25 19,061.25
12/15/2023 Maturity 91282CBA8 2,000,000.00 US Treasury Note

0.125% Due 12/15/2023
2,000,000.00 1,250.00 2,001,250.00
12/15/2023 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
12/15/2023 Paydown 44933LAC7 208,790.10 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,191.35 44.10 23,235.45
12/15/2023 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,953.74 145.58 46,099.32
12/15/2023 Paydown 47787NAC3 10,699.82 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
2,140.80 1.82 2,142.62
12/15/2023 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,087.90 39.95 12,127.85
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 43 63 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/15/2023 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,962.98 117.69 17,080.67
12/15/2023 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
3,057.68 12.17 3,069.85
12/15/2023 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,731.33 7.00 1,738.33
12/15/2023 Paydown 89240BAC2 291,265.96 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
41,609.41 36.08 41,645.49
12/15/2023 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,875.79 727.54 17,603.33
12/15/2023 Paydown 58769KAD6 239,027.62 Mercedes-Benz Auto Lease Trust 2021-B A3

0.4% Due 11/15/2024
47,809.91 31.87 47,841.78
12/16/2023 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,018.68 109.16 12,127.84
12/16/2023 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
9,925.91 194.76 10,120.67
12/16/2023 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
12/18/2023 Interest 89236TJH9 1,140,000.00 Toyota Motor Credit Corp Note

0.5% Due 6/18/2024

0.00 2,850.00 2,850.00
12/18/2023 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026

0.00 1,134.54 1,134.54
12/20/2023 Interest 58989V2F0 1,000,000.00 Met Tower Global Funding Note

5.4% Due 6/20/2026

0.00 27,000.00 27,000.00
12/20/2023 Interest 3130AQF40 1,400,000.00 FHLB Note
1% Due 12/20/2024

0.00 7,000.00 7,000.00
12/20/2023 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
12/20/2023 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027

0.00 1,286.50 1,286.50
12/20/2023 Paydown 36262XAC8 302,993.27 GM Financial Auto Lease Trust 2021-3 A2

0.39% Due 10/21/2024
60,610.77 39.40 60,650.17
12/21/2023 Paydown 43813GAC5 79,845.98 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,406.57 10.27 11,416.84
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 44 64 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/21/2023 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,769.64 184.77 16,954.41
12/25/2023 Paydown 05601XAC3 206,924.61 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,559.53 109.10 29,668.63
12/25/2023 Paydown 09690AAC7 86,096.34 BMW Vehicle Lease Trust 2021-2 A3

0.33% Due 12/26/2024
21,531.89 5.92 21,537.81
12/25/2023 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
12/25/2023 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
12/25/2023 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
12/25/2023 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
33,061.94 743.15 33,805.09
12/25/2023 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
12/25/2023 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
12/25/2023 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
12/25/2023 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
12/31/2023 Interest 9128285T3 2,500,000.00 US Treasury Note

2.625% Due 12/31/2025

0.00 32,812.50 32,812.50
12/31/2023 Interest 91282CEW7 1,300,000.00 US Treasury Note

3.25% Due 6/30/2027

0.00 21,125.00 21,125.00
DEC 2023 3,871,305.82 333,410.15 4,204,715.97
01/02/2024 Interest 3135G0V75 2,000,000.00 FNMA Note

1.75% Due 7/2/2024

0.00 17,500.00 17,500.00
01/06/2024 Interest 3133ENKS8 755,000.00 FFCB Note

1.125% Due 1/6/2025

0.00 4,246.88 4,246.88
01/12/2024 Interest 459058KT9 500,000.00 Intl. Bank Recon & Development Note

3.5% Due 7/12/2028

0.00 8,750.00 8,750.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 45 65 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/15/2024 Interest 79466LAG9 200,000.00 Salesforce.com Inc Callable Note Cont 7/15/2022

0.625% Due 7/15/2024

0.00 625.00 625.00
01/15/2024 Maturity 91282CBE0 2,000,000.00 US Treasury Note

0.125% Due 1/15/2024
2,000,000.00 1,250.00 2,001,250.00
01/15/2024 Paydown 44933LAC7 208,790.10 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,198.89 36.76 23,235.65
01/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,897.45 694.91 17,592.36
01/15/2024 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
3,046.15 11.28 3,057.43
01/15/2024 Paydown 58769KAD6 239,027.62 Mercedes-Benz Auto Lease Trust 2021-B A3

0.4% Due 11/15/2024
47,814.29 15.94 47,830.23
01/15/2024 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,964.53 110.34 17,074.87
01/15/2024 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,731.97 6.36 1,738.33
01/15/2024 Paydown 89240BAC2 291,265.96 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
41,622.94 27.06 41,650.00
01/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
01/15/2024 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,957.95 131.03 46,088.98
01/15/2024 Paydown 47787NAC3 10,699.82 John Deere Owner Trust 2020-B A3

0.51% Due 11/15/2024
2,141.64 0.91 2,142.55
01/15/2024 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,091.82 36.33 12,128.15
01/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
01/16/2024 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
9,969.42 184.33 10,153.75
01/16/2024 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,021.48 102.35 12,123.83
01/17/2024 Interest 61747YET8 1,000,000.00 Morgan Stanley Callable Note Cont 7/17/2025

4.679% Due 7/17/2026

0.00 23,395.00 23,395.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 46 66 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/17/2024 Maturity 24422EVN6 865,000.00 John Deere Capital Corp Note

0.45% Due 1/17/2024
865,000.00 1,946.25 866,946.25
01/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026

0.00 1,134.54 1,134.54
01/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
01/20/2024 Paydown 36262XAC8 302,993.27 GM Financial Auto Lease Trust 2021-3 A2

0.39% Due 10/21/2024
60,622.90 19.70 60,642.60
01/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
23,811.97 1,286.50 25,098.47
01/21/2024 Interest 78016EYM3 1,000,000.00 Royal Bank of Canada Note

1.6% Due 1/21/2025

0.00 8,000.00 8,000.00
01/21/2024 Paydown 43813GAC5 79,845.98 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,409.33 7.70 11,417.03
01/21/2024 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,773.56 172.47 16,946.03
01/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
01/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
01/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
31,035.35 654.71 31,690.06
01/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
01/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
01/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
01/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
01/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
01/25/2024 Paydown 05601XAC3 206,924.61 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,689.10 82.00 29,771.10
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 47 67 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/30/2024 Interest 91159HHX1 1,000,000.00 US Bancorp Callable Note Cont 6/28/2024

2.4% Due 7/30/2024

0.00 12,000.00 12,000.00
01/31/2024 Interest 91282CAB7 2,000,000.00 US Treasury Note

0.25% Due 7/31/2025

0.00 2,500.00 2,500.00
01/31/2024 Interest 91282CFB2 2,000,000.00 US Treasury Note

2.75% Due 7/31/2027

0.00 27,500.00 27,500.00
01/31/2024 Interest 912828Z52 2,000,000.00 US Treasury Note

1.375% Due 1/31/2025

0.00 13,750.00 13,750.00
01/31/2024 Maturity 9128285Z9 2,000,000.00 US Treasury Note

2.5% Due 1/31/2024
2,000,000.00 25,000.00 2,025,000.00
JAN 2024 5,271,800.74 175,416.98 5,447,217.72
02/02/2024 Maturity 69371RR24 795,000.00 Paccar Financial Corp Note

0.35% Due 2/2/2024
795,000.00 1,391.25 796,391.25
02/06/2024 Interest 857477BR3 335,000.00 State Street Bank Callable Note Cont 2/6/2025

1.746% Due 2/6/2026

0.00 2,924.55 2,924.55
02/06/2024 Maturity 594918BX1 1,850,000.00 Microsoft Callable Note Cont 12/6/2023

2.875% Due 2/6/2024
1,850,000.00 26,593.75 1,876,593.75
02/09/2024 Interest 69371RR40 245,000.00 Paccar Financial Corp Note

0.5% Due 8/9/2024

0.00 612.50 612.50
02/10/2024 Interest 69371RS56 450,000.00 Paccar Financial Corp Note

5.05% Due 8/10/2026

0.00 11,362.50 11,362.50
02/12/2024 Interest 14913R2Z9 1,375,000.00 Caterpillar Financial Service Note

3.65% Due 8/12/2025

0.00 25,093.75 25,093.75
02/14/2024 Interest 3133ENPG9 1,200,000.00 FFCB Note

1.75% Due 2/14/2025

0.00 10,500.00 10,500.00
02/14/2024 Interest 3133EPSW6 2,405,000.00 FFCB Note

4.5% Due 8/14/2026

0.00 54,112.50 54,112.50
02/15/2024 Interest 26442UAA2 1,000,000.00 Duke Energy Progress LLC Callable Note Cont 5/15/25

3.25% Due 8/15/2025

0.00 16,250.00 16,250.00
02/15/2024 Interest 91282CCT6 2,000,000.00 US Treasury Note

0.375% Due 8/15/2024

0.00 3,750.00 3,750.00
02/15/2024 Paydown 44933LAC7 208,790.10 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,206.43 29.41 23,235.84
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 48 68 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/15/2024 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,095.75 32.70 12,128.45
02/15/2024 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
3,034.51 10.39 3,044.90
02/15/2024 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,966.09 102.99 17,069.08
02/15/2024 Paydown 89240BAC2 291,265.96 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
41,636.46 18.05 41,654.51
02/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
02/15/2024 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,962.17 116.47 46,078.64
02/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,919.14 662.24 17,581.38
02/15/2024 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,732.60 5.73 1,738.33
02/16/2024 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,024.28 95.54 12,119.82
02/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
02/16/2024 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,013.11 173.87 10,186.98
02/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026

0.00 1,134.54 1,134.54
02/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
23,885.79 1,212.68 25,098.47
02/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
02/21/2024 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,777.47 160.17 16,937.64
02/21/2024 Paydown 43813GAC5 79,845.98 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,412.08 5.14 11,417.22
02/23/2024 Interest 037833BY5 1,000,000.00 Apple Inc Callable Note Cont 11/23/2025

3.25% Due 2/23/2026

0.00 16,250.00 16,250.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 49 69 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/23/2024 Maturity 3133EKMX1 2,000,000.00 FFCB Note

2.23% Due 2/23/2024
2,000,000.00 22,300.00 2,022,300.00
02/25/2024 Paydown 05601XAC3 206,924.61 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,819.23 54.79 29,874.02
02/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
02/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
02/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
02/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
02/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
29,004.85 571.69 29,576.54
02/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
02/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
02/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
02/29/2024 Interest 91282CAJ0 1,000,000.00 US Treasury Note

0.25% Due 8/31/2025

0.00 1,250.00 1,250.00
02/29/2024 Interest 91282CFH9 2,500,000.00 US Treasury Note

3.125% Due 8/31/2027

0.00 39,062.50 39,062.50
02/29/2024 Interest 912828ZC7 1,200,000.00 US Treasury Note

1.125% Due 2/28/2025

0.00 6,750.00 6,750.00
FEB 2024 4,939,489.96 266,828.33 5,206,318.29
03/03/2024 Maturity 166764BT6 900,000.00 Chevron Corp Callable Note Cont 1/3/2024

2.895% Due 3/3/2024
900,000.00 13,027.50 913,027.50
03/14/2024 Interest 06051GJY6 960,000.00 Bank of America Corp Callable Note Cont 6/14/2023

5.47% Due 6/14/2024

0.00 13,856.26 13,856.26
03/15/2024 Interest 437076CR1 1,000,000.00 Home Depot Callable Note Cont 8/15/2025 4% Due 9/15/2025

0.00 20,000.00 20,000.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 50 70 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/15/2024 Interest 91282CCX7 1,800,000.00 US Treasury Note

0.375% Due 9/15/2024

0.00 3,375.00 3,375.00
03/15/2024 Maturity 91282CBR1 2,000,000.00 US Treasury Note

0.25% Due 3/15/2024
2,000,000.00 2,500.00 2,002,500.00
03/15/2024 Paydown 44933LAC7 208,790.10 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,213.97 22.06 23,236.03
03/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,940.85 629.53 17,570.38
03/15/2024 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,967.64 95.64 17,063.28
03/15/2024 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,733.24 5.09 1,738.33
03/15/2024 Paydown 89240BAC2 291,265.96 Toyota Auto Receivables Owners 2021-A A3

0.26% Due 5/15/2025
41,650.00 9.02 41,659.02
03/15/2024 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,966.38 101.92 46,068.30
03/15/2024 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
3,022.75 9.50 3,032.25
03/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
03/15/2024 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,099.69 29.07 12,128.76
03/16/2024 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,057.01 163.35 10,220.36
03/16/2024 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,027.09 88.72 12,115.81
03/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027

0.00 970.67 970.67
03/18/2024 Maturity 808513BN4 575,000.00 Charles Schwab Corp Callable Note Cont 2/18/2024

0.75% Due 3/18/2024
575,000.00 2,156.25 577,156.25
03/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,168.78 1,134.54 20,303.32
03/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 51 71 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
23,959.83 1,138.64 25,098.47
03/21/2024 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,781.38 147.87 16,929.25
03/21/2024 Paydown 43813GAC5 79,845.98 Honda Auto Receivables Trust 2021-1 A3

0.27% Due 4/21/2025
11,414.84 2.57 11,417.41
03/23/2024 Interest 4581X0DZ8 1,585,000.00 Inter-American Dev Bank Note

0.5% Due 9/23/2024

0.00 3,962.50 3,962.50
03/25/2024 Paydown 05601XAC3 206,924.61 BMW Vehicle Lease Trust 2022-1 A3

1.1% Due 3/25/2025
29,949.95 27.45 29,977.40
03/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
26,970.42 494.10 27,464.52
03/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
03/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
03/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
03/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
03/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
03/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
03/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
03/31/2024 Interest 912828ZF0 2,000,000.00 US Treasury Note

0.5% Due 3/31/2025

0.00 5,000.00 5,000.00
03/31/2024 Interest 91282CEF4 2,500,000.00 US Treasury Note

2.5% Due 3/31/2027

0.00 31,250.00 31,250.00
03/31/2024 Interest 9128286L9 2,500,000.00 US Treasury Note

2.25% Due 3/31/2026

0.00 28,125.00 28,125.00
03/31/2024 Interest 9128285C0 3,250,000.00 US Treasury Note 3% Due 9/30/2025

0.00 48,750.00 48,750.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 52 72 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/31/2024 Interest 91282CFM8 1,600,000.00 US Treasury Note

4.125% Due 9/30/2027

0.00 33,000.00 33,000.00
MAR 2024 3,786,923.82 233,340.21 4,020,264.03
04/10/2024 Interest 57629W6F2 750,000.00 Mass Mutual Global funding Note

4.5% Due 4/10/2026

0.00 16,875.00 16,875.00
04/15/2024 Maturity 91282CBV2 1,100,000.00 US Treasury Note

0.375% Due 4/15/2024
1,100,000.00 2,062.50 1,102,062.50
04/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
04/15/2024 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,733.87 4.46 1,738.33
04/15/2024 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,103.62 25.44 12,129.06
04/15/2024 Paydown 44933LAC7 208,790.10 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,221.52 14.71 23,236.23
04/15/2024 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,969.20 88.28 17,057.48
04/15/2024 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,970.59 87.36 46,057.95
04/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,962.59 596.78 17,559.37
04/15/2024 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
3,010.87 8.62 3,019.49
04/16/2024 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,029.89 81.91 12,111.80
04/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
17,299.60 970.67 18,270.27
04/16/2024 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,101.09 152.79 10,253.88
04/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,173.41 1,074.96 20,248.37
04/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 53 73 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
24,034.11 1,064.36 25,098.47
04/21/2024 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,785.30 135.56 16,920.86
04/25/2024 Interest 06406RBC0 900,000.00 Bank of NY Mellon Corp Callable Note Cont 3/25/2025

3.35% Due 4/25/2025

0.00 15,075.00 15,075.00
04/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
04/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
04/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
04/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
04/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
04/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
24,932.08 421.95 25,354.03
04/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
04/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
04/30/2024 Interest 912828YM6 1,700,000.00 US Treasury Note

1.5% Due 10/31/2024

0.00 12,750.00 12,750.00
04/30/2024 Interest 9128285J5 2,500,000.00 US Treasury Note 3% Due 10/31/2025

0.00 37,500.00 37,500.00
04/30/2024 Interest 912828ZL7 2,000,000.00 US Treasury Note

0.375% Due 4/30/2025

0.00 3,750.00 3,750.00
APR 2024 1,344,327.74 116,008.31 1,460,336.05
05/01/2024 Interest 74456QBU9 750,000.00 Public Service El & Gas Callable Note Cont 02/01/28

3.7% Due 5/1/2028

0.00 13,875.00 13,875.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 54 74 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/10/2024 Interest 665859AW4 1,000,000.00 Northern Trust Company Callable Note Cont 4/10/2027
4% Due 5/10/2027

0.00 20,000.00 20,000.00
05/12/2024 Maturity 023135BW5 805,000.00 Amazon.com Inc Note

0.45% Due 5/12/2024
805,000.00 1,811.25 806,811.25
05/13/2024 Interest 14913R2V8 480,000.00 Caterpillar Financial Service Note

3.4% Due 5/13/2025

0.00 8,160.00 8,160.00
05/15/2024 Interest 912828M56 2,500,000.00 US Treasury Note

2.25% Due 11/15/2025

0.00 28,125.00 28,125.00
05/15/2024 Interest 91282CDH1 2,000,000.00 US Treasury Note

0.75% Due 11/15/2024

0.00 7,500.00 7,500.00
05/15/2024 Interest 341081GN1 1,500,000.00 Florida Power and Light Callable Note Cont 3/15/2028

4.4% Due 5/15/2028

0.00 33,000.00 33,000.00
05/15/2024 Interest 9128283F5 1,400,000.00 US Treasury Note

2.25% Due 11/15/2027

0.00 15,750.00 15,750.00
05/15/2024 Maturity 91282CCC3 1,000,000.00 US Treasury Note

0.25% Due 5/15/2024
1,000,000.00 1,250.00 1,001,250.00
05/15/2024 Maturity 91324PEB4 425,000.00 United Health Group Inc Callable Note Cont 5/15/2022

0.55% Due 5/15/2024
425,000.00 1,168.75 426,168.75
05/15/2024 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,970.75 80.93 17,051.68
05/15/2024 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,734.51 3.82 1,738.33
05/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
05/15/2024 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,974.80 72.81 46,047.61
05/15/2024 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,107.55 21.81 12,129.36
05/15/2024 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,998.87 7.74 3,006.61
05/15/2024 Paydown 44933LAC7 208,790.10 Hyundai Auto Receivables Trust 2021-A A3

0.38% Due 9/15/2025
23,229.06 7.36 23,236.42
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 55 75 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
16,984.35 563.99 17,548.34
05/16/2024 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,032.71 75.09 12,107.80
05/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
17,354.91 918.19 18,273.10
05/16/2024 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,145.37 142.19 10,287.56
05/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,178.04 1,015.36 20,193.40
05/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
05/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
24,108.61 989.86 25,098.47
05/21/2024 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,789.22 123.25 16,912.47
05/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025

0.00 666.50 666.50
05/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
05/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
22,889.79 355.26 23,245.05
05/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
05/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
05/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
05/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
05/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
05/31/2024 Interest 912828ZT0 1,800,000.00 US Treasury Note

0.25% Due 5/31/2025

0.00 2,250.00 2,250.00
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 56 76 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount MAY 2024 2,472,498.54 160,535.62 2,633,034.16
06/01/2024 Interest 438516CB0 1,000,000.00 Honeywell Intl Callable Note Cont 5/1/2025

1.35% Due 6/1/2025

0.00 6,750.00 6,750.00
06/01/2024 Interest 023135CN4 425,000.00 Amazon.com Inc Note

4.6% Due 12/1/2025

0.00 9,775.00 9,775.00
06/06/2024 Interest 89115A2A9 1,000,000.00 Toronto-Dominion Bank Note

3.766% Due 6/6/2025

0.00 18,830.00 18,830.00
06/07/2024 Maturity 24422EVQ9 760,000.00 John Deere Capital Corp Note

0.45% Due 6/7/2024
760,000.00 1,710.00 761,710.00
06/09/2024 Interest 3130AWC24 2,000,000.00 FHLB Note
4% Due 6/9/2028

0.00 40,000.00 40,000.00
06/09/2024 Interest 3130AVVX7 1,120,000.00 FHLB Note

3.75% Due 6/9/2028

0.00 21,000.00 21,000.00
06/12/2024 Interest 3130AWLZ1 2,000,000.00 FHLB Note

4.75% Due 6/12/2026

0.00 47,500.00 47,500.00
06/14/2024 Maturity 3130A1XJ2 2,000,000.00 FHLB Note

2.875% Due 6/14/2024
2,000,000.00 28,750.00 2,028,750.00
06/14/2024 Maturity 06051GJY6 960,000.00 Bank of America Corp Callable Note Cont 6/14/2023

5.47% Due 6/14/2024
960,000.00 14,008.53 974,008.53
06/15/2024 Interest 91282CDN8 900,000.00 US Treasury Note 1% Due 12/15/2024

0.00 4,500.00 4,500.00
06/15/2024 Interest 63743HFE7 1,105,000.00 National Rural Utilities Note

3.45% Due 6/15/2025

0.00 19,061.25 19,061.25
06/15/2024 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,111.49 18.18 12,129.67
06/15/2024 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,986.75 6.87 2,993.62
06/15/2024 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,972.31 73.58 17,045.89
06/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
06/15/2024 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,979.02 58.25 46,037.27
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 57 77 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
17,006.15 531.15 17,537.30
06/15/2024 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,735.15 3.18 1,738.33
06/16/2024 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,035.51 68.27 12,103.78
06/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
17,410.38 865.55 18,275.93
06/16/2024 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,189.84 131.53 10,321.37
06/18/2024 Maturity 89236TJH9 1,140,000.00 Toyota Motor Credit Corp Note

0.5% Due 6/18/2024
1,140,000.00 2,850.00 1,142,850.00
06/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,182.68 955.75 20,138.43
06/20/2024 Interest 58989V2F0 1,000,000.00 Met Tower Global Funding Note

5.4% Due 6/20/2026

0.00 27,000.00 27,000.00
06/20/2024 Interest 3130AQF40 1,400,000.00 FHLB Note
1% Due 12/20/2024

0.00 7,000.00 7,000.00
06/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
06/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
24,183.35 915.12 25,098.47
06/21/2024 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,793.14 110.94 16,904.08
06/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
06/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
06/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
15,234.44 666.50 15,900.94
06/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
20,843.57 294.03 21,137.60
06/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 58 78 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
06/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
06/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
06/30/2024 Interest 9128285T3 2,500,000.00 US Treasury Note

2.625% Due 12/31/2025

0.00 32,812.50 32,812.50
06/30/2024 Interest 91282CEW7 1,300,000.00 US Treasury Note

3.25% Due 6/30/2027

0.00 21,125.00 21,125.00
JUN 2024 5,092,663.78 329,972.64 5,422,636.42
07/02/2024 Maturity 3135G0V75 2,000,000.00 FNMA Note

1.75% Due 7/2/2024
2,000,000.00 17,500.00 2,017,500.00
07/06/2024 Interest 3133ENKS8 755,000.00 FFCB Note

1.125% Due 1/6/2025

0.00 4,246.88 4,246.88
07/12/2024 Interest 459058KT9 500,000.00 Intl. Bank Recon & Development Note

3.5% Due 7/12/2028

0.00 8,750.00 8,750.00
07/15/2024 Maturity 79466LAG9 200,000.00 Salesforce.com Inc Callable Note Cont 7/15/2022

0.625% Due 7/15/2024
200,000.00 625.00 200,625.00
07/15/2024 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,974.51 6.00 2,980.51
07/15/2024 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,983.23 43.69 46,026.92
07/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
17,027.98 498.27 17,526.25
07/15/2024 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,973.87 66.22 17,040.09
07/15/2024 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,735.78 2.55 1,738.33
07/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
07/15/2024 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,115.42 14.55 12,129.97
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 59 79 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/16/2024 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,234.51 120.83 10,355.34
07/16/2024 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,038.32 61.45 12,099.77
07/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
17,466.04 812.74 18,278.78
07/17/2024 Interest 61747YET8 1,000,000.00 Morgan Stanley Callable Note Cont 7/17/2025

4.679% Due 7/17/2026

0.00 23,395.00 23,395.00
07/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,187.32 896.12 20,083.44
07/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
24,258.32 840.15 25,098.47
07/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
07/21/2024 Interest 78016EYM3 1,000,000.00 Royal Bank of Canada Note

1.6% Due 1/21/2025

0.00 8,000.00 8,000.00
07/21/2024 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,797.06 98.62 16,895.68
07/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
07/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
18,793.40 238.27 19,031.67
07/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025

0.00 3,371.40 3,371.40
07/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
07/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
07/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
15,292.86 600.99 15,893.85
07/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
07/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027

0.00 3,319.79 3,319.79
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 60 80 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/30/2024 Maturity 91159HHX1 1,000,000.00 US Bancorp Callable Note Cont 6/28/2024

2.4% Due 7/30/2024
1,000,000.00 12,000.00 1,012,000.00
07/31/2024 Interest 912828Z52 2,000,000.00 US Treasury Note

1.375% Due 1/31/2025

0.00 13,750.00 13,750.00
07/31/2024 Interest 91282CAB7 2,000,000.00 US Treasury Note

0.25% Due 7/31/2025

0.00 2,500.00 2,500.00
07/31/2024 Interest 91282CFB2 2,000,000.00 US Treasury Note

2.75% Due 7/31/2027

0.00 27,500.00 27,500.00
JUL 2024 3,430,878.62 145,168.79 3,576,047.41
08/06/2024 Interest 857477BR3 335,000.00 State Street Bank Callable Note Cont 2/6/2025

1.746% Due 2/6/2026

0.00 2,924.55 2,924.55
08/09/2024 Maturity 69371RR40 245,000.00 Paccar Financial Corp Note

0.5% Due 8/9/2024
245,000.00 612.50 245,612.50
08/10/2024 Interest 69371RS56 450,000.00 Paccar Financial Corp Note

5.05% Due 8/10/2026

0.00 11,362.50 11,362.50
08/12/2024 Interest 14913R2Z9 1,375,000.00 Caterpillar Financial Service Note

3.65% Due 8/12/2025

0.00 25,093.75 25,093.75
08/14/2024 Interest 3133EPSW6 2,405,000.00 FFCB Note

4.5% Due 8/14/2026

0.00 54,112.50 54,112.50
08/14/2024 Interest 3133ENPG9 1,200,000.00 FFCB Note

1.75% Due 2/14/2025

0.00 10,500.00 10,500.00
08/15/2024 Interest 26442UAA2 1,000,000.00 Duke Energy Progress LLC Callable Note Cont 5/15/25

3.25% Due 8/15/2025

0.00 16,250.00 16,250.00
08/15/2024 Maturity 91282CCT6 2,000,000.00 US Treasury Note

0.375% Due 8/15/2024
2,000,000.00 3,750.00 2,003,750.00
08/15/2024 Paydown 47789QAC4 322,473.91 John Deere Owner Trust 2021-B A3

0.52% Due 3/16/2026
16,975.42 58.87 17,034.29
08/15/2024 Paydown 44934KAC8 597,562.92 Hyundai Auto Receivables Trust 2021-B A3

0.38% Due 1/15/2026
45,987.44 29.13 46,016.57
08/15/2024 Paydown 47787JAC2 410,000.00 John Deere Owner Trust 2022-A A3

2.32% Due 9/16/2026
17,049.83 465.35 17,515.18
08/15/2024 Paydown 89236XAC0 50,956.20 Toyota Auto Receivables 2020-D A3

0.35% Due 1/15/2025
2,962.14 5.13 2,967.27
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 61 81 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/15/2024 Paydown 47788UAC6 169,423.26 John Deere Owner Trust 2021-A A3

0.36% Due 9/15/2025
12,119.36 10.91 12,130.27
08/15/2024 Paydown 02582JJT8 905,000.00 American Express Credit Trust 2022-2 A

3.39% Due 5/17/2027

0.00 2,556.63 2,556.63
08/15/2024 Paydown 89237VAB5 24,269.80 Toyota Auto Receivables Trust 2020-C A3

0.44% Due 10/15/2024
1,736.42 1.91 1,738.33
08/16/2024 Paydown 380146AC4 215,000.00 GM Financial Auto Receivables 2022-1 A3

1.26% Due 11/16/2026
10,279.36 110.09 10,389.45
08/16/2024 Paydown 36265WAD5 320,000.00 GM Financial Securitized Auto 2022-3 A3

3.64% Due 4/16/2027
17,521.87 759.76 18,281.63
08/16/2024 Paydown 362554AC1 228,674.90 GM Financial Securitized Term 2021-4 A3

0.68% Due 9/16/2026
12,041.13 54.63 12,095.76
08/18/2024 Paydown 43815PAC3 365,000.00 Honda Auto Receivables 2022-2 A3

3.73% Due 7/20/2026
19,191.95 836.48 20,028.43
08/20/2024 Paydown 379929AD4 280,000.00 GM Financial Auto Leasing 2023-3 A3

5.38% Due 11/20/2026

0.00 1,255.33 1,255.33
08/20/2024 Paydown 92348KAV5 415,000.00 Verizon Master Trust 2022-5 A1A

3.72% Due 7/20/2027
24,333.52 764.95 25,098.47
08/21/2024 Paydown 43815GAC3 302,241.44 Honda Auto Receivables Trust 2021-4 A3

0.88% Due 1/21/2026
16,800.97 86.31 16,887.28
08/23/2024 Interest 037833BY5 1,000,000.00 Apple Inc Callable Note Cont 11/23/2025

3.25% Due 2/23/2026

0.00 16,250.00 16,250.00
08/25/2024 Paydown 3137BSP72 2,000,000.00 FHLMC K058 A2

2.653% Due 8/25/2026

0.00 4,421.67 4,421.67
08/25/2024 Paydown 05593AAC3 155,000.00 BMW Vehicle Lease Trust 2023-1 A3

5.16% Due 11/25/2025
15,351.49 535.23 15,886.72
08/25/2024 Paydown 3137BTUM1 900,000.00 FHLMC K061 A2

3.347% Due 11/25/2026

0.00 2,510.25 2,510.25
08/25/2024 Paydown 3137FBU79 1,250,000.00 FHLMC K069 A2

3.187% Due 9/25/2027
30,930.97 3,319.79 34,250.76
08/25/2024 Paydown 05602RAD3 350,000.00 BMW Vehicle Owner Trust 2022-A A3

3.21% Due 8/25/2026
16,739.27 188.00 16,927.27
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 62 82 Cash Flow Report
As of August 31, 2023
City of Murrieta
Account
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 08/25/2024 Paydown 3137BM7C4 1,223,000.00 FHLMC K051 A2

3.308% Due 9/25/2025
85,389.92 3,371.40 88,761.32
08/25/2024 Paydown 3137BVZ82 862,000.00 FHLMC K063

3.43% Due 1/25/2027

0.00 2,463.89 2,463.89
08/25/2024 Paydown 3137F1G44 1,000,000.00 FHLMC K065 A2

3.243% Due 4/25/2027

0.00 2,702.50 2,702.50
AUG 2024 2,590,411.06 167,364.01 2,757,775.07
TOTAL 40,548,935.87 2,519,201.30 43,068,137.17
Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 63 83 Important Disclosures
City of Murrieta
Account
Chandler Asset Management, Inc. ;͞Chandler͟Ϳis an SEC registered investment adviser. For additional information about our firm, please see our current disclosures (Form ADV). To obtain a copy of our current disclosures, you may contact your client service representative by calling the number on the front of this statement or you may visit our website at www.chandlerasset.com.

Information contained in this monthly statement is confidential and is provided for informational purposes only and should not be construed as specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of this statement, but may become outdated or superseded at any time without notice.

Custody: Your qualified custodian bank maintains control of all assets reflected in this statement and we urge you to compare this statement to the one you receive from your qualified custodian. Chandler does not have any authority to withdraw or deposit funds from/to the custodian account.

Valuation: Prices are provided by IDC, an independent pricing source. In the event IDC does not provide a price or if the price provided is not reflective of fair market value, Chandler will obtain pricing from an alternative approved third party pricing source in accordance with our written valuation policy and procedures. Our valuation procedures are also disclosed in Item 5 of our Form ADV Part 2A.

Performance: Performance results are presented gross-of-advisory fees and represent the client͛s Total Return. The deduction of advisory fees lowers performance results. These results include the reinvestment of dividends and other earnings. Past performance may not be indicative of future results. Therefore, clients should not assume that future performance of any specific investment or investment strategy will be profitable or equal to past performance levels. All investment strategies have the potential for profit or loss. Economic factors, market conditions or changes in investment strategies, contributions or withdrawals may materially alter the performance and results of your portfolio.

Source ice Data Indices, LLC ("ICE"), used with permission. ICE PERMITS USE OF THE ICE INDICES AND RELATED DATA ON AN "AS IS" BASIS; ICE, ITS AFFILIATES AND THEIR RESPECTIVE

THIRD PARTY SUPPLIERS DISCLAIM ANY AND ALL WARRANTIES AND REPRESENTATIONS, EXPRESS AND/OR IMPLIED, INCLUDING ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE, INCLUDING THE INDICES, INDEX DATA AND ANY DATA INCLUDED IN, RELATED TO, OR DERIVED THEREFROM. NEITHER ICE DATA, ITS AFFILIATES OR

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Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Ratings: Ratings information have been provided by Moody͛s, S&P and Fitch through data feeds we believe to be reliable as of the date of this statement, however we cannot guarantee its accuracy.

Security level ratings for U.S. Agency issued mortgage-backed securities ;͞MBS͟Ϳreflect the issuer rating because the securities themselves are not rated. The issuing U.S. Agency guarantees the full and timely payment of both principal and interest and carries a AA+/Aaa/AAA by S&P, Moody͛s and Fitch respectively.

Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 64 84 Benchmark Index & Disclosures
City of Murrieta
Account
Benchmark Index Disclosure
ICE BofA 1-3 Yr US Treasury Index The ICE BofA 1-3 Year US Treasury Index tracks the performance of US dollar-denominated sovereign debt publicly issued by the US government in its domestic market. Qualifying securities must have at least one year remaining term to final maturity and less than three years remaining term to final maturity, a fixed coupon schedule, and a minimum amount outstanding of $1 billion. Qualifying securities must have at least 18 months to final maturity at the time of issuance.

Execution Time: 9/4/2023 1:38:01 PMChandler Asset Management - CONFIDENTIAL Page 65 85 9/8/23, 7:48 AM LAIF Regular Monthly Statement
https://laifms.treasurer.ca.gov/RegularStatement.aspx 1/1 Local Agency Investment Fund
P.O. Box 942809
Sacramento, CA 94209-0001
(916) 653-3001
September 08, 2023
LAIF Home
PMIA Average Monthly
Yields

CITY OF MURRIETA

FINANCE DIRECTOR
1 TOWNE SQUARE
MURRIETA, CA 92562
Tran Type Definitions

0.00 Beginning Balance: 26,618,414.67
Account Number:

August 2023 Statement
Account Summary
Total Deposit:

Total Withdrawal:

0.00 Ending Balance: 26,618,414.67
86 STAGECOACH SWEEP
WELLS FARGO BANK, N.A.

THIS STATEMENT COVERS 08/01/2023 THROUGH 08/31/2023

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 08-01 92,763,533.18 5.254 % .000143970 13,355.17
08-02 93,159,425.62 5.244 % .000143676 13,384.77
08-03 93,379,944.96 5.246 % .000143733 13,421.78
08-04 93,168,129.56 5.246 % .000143735 13,391.52

CITY OF MURRIETA

GENERAL OPERATING ACCOUNT
1 TOWN SQ
MURRIETA CA 92562-7922
Account Number - DDA
8-01-2023 Beginning Balance 92,987,241.50
8-01-2023 Sweep Funds Return To DDA 223,708.32
8-02-2023 Next Day Sweep Purchase 395,892.44
8-03-2023 Next Day Sweep Purchase 220,519.34
8-04-2023 Sweep Funds Return To DDA 211,815.40
8-07-2023 Sweep Funds Return To DDA 17,964.18
8-08-2023 Sweep Funds Return To DDA 8,721.78
8-09-2023 Sweep Funds Return To DDA 1,530,438.49
8-10-2023 Sweep Funds Return To DDA 213,517.08
8-11-2023 Sweep Funds Return To DDA 189,948.22
8-14-2023 Sweep Funds Return To DDA 530,734.33
8-15-2023 Next Day Sweep Purchase 119,394.91
8-16-2023 Next Day Sweep Purchase 50,883.55
8-17-2023 Sweep Funds Return To DDA 789,825.07
8-18-2023 Sweep Funds Return To DDA 230,636.22
8-21-2023 Next Day Sweep Purchase 488,370.52
8-22-2023 Next Day Sweep Purchase 6,041.03
8-23-2023 Sweep Funds Return To DDA 639,464.67
8-24-2023 Sweep Funds Return To DDA 189,206.17
8-25-2023 Sweep Funds Return To DDA 140,989.60
8-28-2023 Sweep Funds Return To DDA 592,570.46
8-29-2023 Next Day Sweep Purchase 4,287,272.81
8-30-2023 Sweep Funds Return To DDA 266,679.90
8-31-2023 Next Day Sweep Purchase 54,814.19
8-31-2023 Ending Balance 92,834,210.40

FUND SUMMARY
Dividends Earned YTD 2,956,947.87
Federal Withholding YTD .00
7-Day Simple Yield 5.26206 %
Federal Withholding .00
Beginning Balance 92,987,241.50
Shares Purchased 5,623,188.79 +
Shares Redeemed 5,776,219.89 -
Ending Balance 92,834,210.40
Prior Month Dividends Paid to Checking 418,457.16
Dividends Earned in Current Month 406,958.72
Funds Pending Investment 291,741.95
87 STAGECOACH SWEEP
Date Investment Balance Annualized Fund Yield Daily Dividend Factor Daily Accrual 08-05* 93,150,165.38 5.246 % .000143735 13,388.94
08-06* 93,150,165.38 5.246 % .000143735 13,388.94
08-07 93,150,165.38 5.248 % .000143798 13,394.81
08-08 93,141,443.60 5.246 % .000143732 13,387.41
08-09 91,611,005.11 5.250 % .000143847 13,177.97
08-10 91,397,488.03 5.251 % .000143890 13,151.18
08-11 91,207,539.81 5.252 % .000143908 13,125.49
08-12* 90,676,805.48 5.252 % .000143908 13,049.12
08-13* 90,676,805.48 5.252 % .000143908 13,049.12
08-14 90,676,805.48 5.252 % .000143912 13,049.48
08-15 90,796,200.39 5.254 % .000143953 13,070.39
08-16 90,847,083.94 5.254 % .000143949 13,077.35
08-17 90,057,258.87 5.256 % .000144008 12,968.97
08-18 89,826,622.65 5.257 % .000144035 12,938.18
08-19* 89,826,622.65 5.257 % .000144035 12,938.18
08-20* 89,826,622.65 5.257 % .000144035 12,938.18
08-21 90,314,993.17 5.256 % .000144013 13,006.53
08-22 90,321,034.20 5.259 % .000144087 13,014.09
08-23 89,681,569.53 5.260 % .000144112 12,924.19
08-24 89,492,363.36 5.261 % .000144140 12,899.43
08-25 89,351,373.76 5.258 % .000144070 12,872.85
08-26* 88,758,803.30 5.258 % .000144070 12,787.48
08-27* 88,758,803.30 5.258 % .000144070 12,787.48
08-28 88,758,803.30 5.260 % .000144128 12,792.63
08-29 93,046,076.11 5.267 % .000144309 13,427.39
08-30 92,779,396.21 5.271 % .000144416 13,398.83
08-31 92,834,210.40 5.268 % .000144353 13,400.90
TOTAL MTD 406,958.75
* 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.
08/01/2023 - 08/31/2023

Account Number - DDA
88 CITY OF MURRIETA
City Council Meeting Agenda
Report
10/3/2023
Agenda Item No. 4.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Diego Chavez, Administrative Services Director
SUBJECT: Murrieta Supervisors’ Association Successor Memorandum of Understanding

RECOMMENDATION
Adopt Resolution No. 23-4706 entitled: A Resolution of the City Council of the City of Murrieta, California, Approving, Adopting and Implementing a Successor Memorandum of Understanding between the City of Murrieta and the Murrieta Supervisors’ Association for the period July 1, 2022, through June 30, 2024.

PRIOR ACTION/VOTE
On October 1, 2019, the City Council adopted Resolution No. 19-4163, approving a Memorandum of Understanding with the Murrieta Supervisors’Association for the period July 1, 2019 through June 30, 2022 (Vote: 4-0).

On July 11, 2022, the City Council adopted Resolution No. 22-4596, approving a Tentative Agreement for a Successor Memorandum of Understanding between the City and the Murrieta Supervisors’ Association covering the period July 1, 2022, through June 30, 2024 (Vote: 4-0-1).

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

BACKGROUND
Most employees of the City of Murrieta (City) are represented by an employee organization and governed by a memorandum of understanding (MOU) setting forth compensation, benefits, and other terms and conditions of employment. Through collective bargaining, the City periodically negotiates with the respective employee organizations to establish updated wages, hours, and working conditions for represented employees, including tentative agreements for successor memoranda of understanding affecting compensation, benefits, and other terms and conditions of employment. All such items must be voted on by each employee organization’s membership, known as ratification, and subsequently approved by the City Council. Once approved by the City Council, the terms of tentative agreements for successor MOUs are then memorialized in the successor MOU and brought back to the City Council for final approval.

The previous MOU between the City and the Murrieta Supervisors’Association (MSA or Association), adopted CITY OF MURRIETA Printed on 1/22/2024Page 1 of 2
powered by Legistar™
89 10/3/2023
Agenda Item No. 4.
by City Council Resolution No. 19-4163, covered the period from July 1, 2019, through June 30, 2022. MSA currently represents 35 non-sworn City employees in lead and supervisory classifications across the organization.

The City and the Association met and conferred in good faith in 2022 and came to a Tentative Agreement on a fair and equitable package of total compensation for a successor MSA MOU for the period of July 1, 2022, through June 30, 2024. The members of the MSA voted to ratify the Tentative Agreement, and the City Council approved the Tentative Agreement on July 11, 2022, per Resolution No. 22-4596.

Since that time, the labor representatives of the City and MSA have met and conferred, and mutually prepared a written successor MSA MOU, in accordance with the Tentative Agreement deal points approved by the City Council on July 11, 2022. Staff has prepared Resolution No. 23-4706 (Attachment 1), which includes a fully executed copy of the successor MSA MOU for the period of July 1, 2022, through June 30, 2024, and remains subject to final City Council approval, adoption, and implementation.

FISCAL IMPACT
The fiscal impact for the two (2) year term, Fiscal Year (FY) 2022/23 and FY 2023/24, is $1,066,249.

A budget adjustment for FY 2022/23 was included in the Mid-Year budget update last year based upon the adoption of the Tentative Agreement by Resolution No. 22-4596. The fiscal impact for FY 2023/24 was included in the current biennial budget. There are no changes resulting from the adoption of the MSA MOU for the period July 1, 2022, through June 30, 2024.

ATTACHMENTS

1. Resolution No. 23-4706
CITY OF MURRIETA Printed on 1/22/2024Page 2 of 2
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90 RESOLUTION NO. 23-4706

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MURRIETA,

CALIFORNIA, APPROVING , ADOPTING AND IMPLEMENTING A

SUCCESSOR MEMORANDUM OF UNDERSTANDING BETWEEN THE
CITY OF MURRIETA AND THE MURRIETA SUPERVISORS’
ASSOCIATION FOR THE PERIOD JULY 1, 2022 THROUGH JUNE 30, 2024

WHEREAS, the City of Murrieta (“City”) endeavors to recruit and retain the most qualified and talented employees to serve its citizens; and

WHEREAS, the salaries and benefits offered by the City to its employees are designed to aid in the City’s recruitment and retention efforts; and

WHEREAS, Section 36506 of the California Government Code requires that the City Council of the City fix compensation of all appointive officers and employees by resolution or ordinance; and

WHEREAS, the current Memorandum of Understanding (“MOU”) between the City and the Murrieta Supervisors’ Association ( MSA), adopted by City Council Resolution No. 19 -4163 covering the period July 1, 2019 through June 30, 2022 (“MSA MOU 2019-22”) expired June 30, 2022; and

WHEREAS, the City and MSA met and conferred in good faith and reached a Tentative Agreement on a fair and equitable package of total compensation for a successor MSA MOU for the period July 1, 2022 through June 30, 2024, pursuant to the Meyers -Milias-Brown Act (“MMBA”) (Government Code sections 3500-3511) and the City’s Employer-Employee Relations Resolution No. 93-214; and

WHEREAS, the members of the MSA voted to ratify the Tentative Agreement , and the labor representatives of the City and the MSA executed the Tentative Agreement for a successor MSA MOU; and

WHEREAS, the City Council approved the Tentative Agreement for a successor MOU between the City and the MSA on July 11, 2022 through adopting Resolution No. 22-4596; and

WHEREAS, the City and MSA met and conferred in good faith pursuant to the Tentative Agreement and Resolution No. 22-4596 on drafting the successor MSA MOU for the period July 1, 2022 through June 30, 2024, pursuant to the MMBA and the City’s Employer -Employee Relations Resolution No. 93-214; and

WHEREAS, the City and MSA have prepared and executed the successor MSA MOU for the period July 1, 2022 through June 30, 2024, subject to City Council approval, adoption and implementation.

91 Resolution No. 23-4706

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MURRIETA, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:

Section 1. The recitals set forth above are true and correct and incorporated herein by this reference.

Section 2. The successor MSA MOU for the period July 1, 2022 – June 30, 2024, a fully executed copy of which is attached hereto as Exhibit A, is approved, adopted, and implemented.

Section 3. The City Manager is hereby authorized and directed to implement the provisions of the MSA MOU for the period July 1, 2022 – June 30, 2024 , including the resulting changes to compensation and benefits.

Section 4. The City Clerk shall certify the adoption of this resolution effective October 3, 2023.

PASSED, APPROVED, AND ADOPTED this 3rd day of October 2023 by the City Council of the City of Murrieta, State of California.

Lisa DeForest, Mayor

ATTEST:

Cristal McDonald, City Clerk

APPROVED AS TO FORM:

Tiffany Israel, City Attorney

92 Resolution No. 23-4706

STATE OF CALIFORNIA )

COUNTY OF RIVERSIDE )

CITY OF MURRIETA )

I, Cristal McDonald, City Clerk of the City of Murrieta, California, do hereby certify that the foregoing Resolution No. 23-4706 was duly adopted by the City Council of the City of Murrieta at the regular meeting thereof, held on the 3rd day of October 2023, and was signed by the Mayor of said City, and that the same was passed and adopted by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:

Cristal McDonald, City Clerk
93 MEMORANDUM OF UNDERSTANDING

BETWEEN

THE CITY OF MURRIETA
AND
MURRIETA SUPERVISORS’ ASSOCIATION

JULY 1, 2022, TO JUNE 30, 2024
94 MURRIETA SUPERVISORS’ ASSOCIATION 1
July 1, 2022, to June 30, 2024

MEMORANDUM OF UNDERSTANDING BETWEEN

THE CITY OF MURRIETA AND

THE MURRIETA SUPERVISORS ASSOCIATION
FOR THE PERIOD JULY 1, 2022, TO JUNE 30, 2024

SECTION 1 - ADMINISTRATION ............................................................................................... 4 ARTICLE 1.01 INTENT AND PURPOSE ....................................................................................... 4 ARTICLE 1.02 RECOGNITION .................................................................................................... 4 ARTICLE 1.03 IMPLEMENTATION ............................................................................................. 4 ARTICLE 1.04 MANAGEMENT RIGHTS ..................................................................................... 4 ARTICLE 1.05 EMPLOYEE RIGHTS ............................................................................................. 6 ARTICLE 1.06 TERM OF MOU ................................................................................................... 6 ARTICLE 1.07 REOPENER .......................................................................................................... 6 ARTICLE 1.08 SEVERABILITY CLAUSE........................................................................................ 7 ARTICLE 1.09 ASSOCIATION ACTIVITY ..................................................................................... 7 ARTICLE 1.10 NOTICE REQUIREMENTS .................................................................................... 8 ARTICLE 1.11 LABOR-MANAGEMENT COMMITTEE ............................................................... 10 SECTION 2 – COMPENSATION .............................................................................................. 10 WAGES ................................................................................................................................ 10 ARTICLE 2.01 COMPENSATION .............................................................................................. 10 ARTICLE 2.02 TEMPORARY ASSIGNMENT PAY ...................................................................... 11 ARTICLE 2.03 SPANISH LANGUAGE PAY ................................................................................ 12 ARTICLE 2.04 SHIFT DIFFERENTIAL ........................................................................................ 12 ARTICLE 2.05 COURT TIME .................................................................................................... 12 ARTICLE 2.06 UNIFORM ALLOWANCE ................................................................................... 13 ARTICLE 2.07 OVERTIME ........................................................................................................ 13 ARTICLE 2.08 RETURN TO WORK PAY .................................................................................... 13 ARTICLE 2.09 ON-CALL PROGRAM ......................................................................................... 14 ARTICLE 2.10 TOTAL COMPENSATION ................................................................................... 14 ARTICLE 2.11 LONGEVITY PAY ............................................................................................... 14 95 MURRIETA SUPERVISORS’ ASSOCIATION 2
July 1, 2022, to June 30, 2024

ARTICLE 2.12 ADMINISTRATIVE DISPATCH SUPERVISOR SPECIALTY PAY ............................. 15 ARTICLE 2.13 CALPERS REPORTABILITY ................................................................................. 15 BENEFITS ............................................................................................................................. 15 ARTICLE 2.14 HOLIDAYS ......................................................................................................... 15 ARTICLE 2.15 INSURANCE AND RETIREMENT BENEFITS ........................................................ 18 A. MEDICAL INSURANCE ..................................................................................................... 18 B. RETIREE MEDICAL ........................................................................................................... 20 C. DENTAL AND ORTHODONTIC INSURANCE ..................................................................... 21 D. VISION INSURANCE ........................................................................................................ 21 E. LIFE INSURANCE ............................................................................................................. 21 F. LONG-TERM DISABILITY ................................................................................................. 21 G. SHORT-TERM DISABILITY ................................................................................................ 21 H. FLEXIBLE SPENDING ACCOUNTS .................................................................................... 22 I. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM ................................................................... 22 ARTICLE 2.16 DEFERRED COMPENSATION MATCH ............................................................... 23 ARTICLE 2.17 TUITION REIMBURSEMENT PROGRAM ........................................................... 23 SECTION 3 – HOURS ............................................................................................................. 23 ARTICLE 3.01 LEAVES ............................................................................................................. 23 A. JURY LEAVE ..................................................................................................................... 24 B. MILITARY LEAVE ............................................................................................................. 24 C. STATUTORY LEAVE ......................................................................................................... 24 D. BEREAVEMENT LEAVE .................................................................................................... 24 E. ANNUAL LEAVE ............................................................................................................... 25 F. SICK LEAVE ...................................................................................................................... 26 G. ADMINISTRATIVE LEAVE................................................................................................. 27 H. LEAVE OF ABSENCE WITHOUT PAY ................................................................................ 27 I. DISABILITY LEAVE ........................................................................................................... 28 ARTICLE 3.02 WORK SCHEDULES ........................................................................................... 29 A. WORKWEEK .................................................................................................................... 29 B. WORKWEEK FOR 9/80 WORK SCHEDULE ...................................................................... 29 96 MURRIETA SUPERVISORS’ ASSOCIATION 3
July 1, 2022, to June 30, 2024

C. WORKWEEK FOR 3/12 WORK SCHEDULE ...................................................................... 29 D. WORKWEEK FOR 4/10 WORK SCHEDULE ...................................................................... 29 SECTION 4 – WORKING CONDITIONS ................................................................................... 30 ARTICLE 4.01 PROBATION PERIOD ........................................................................................ 30 ARTICLE 4.02 UNFAIR EMPLOYEE RELATIONS PRACTICE ...................................................... 31 ARTICLE 4.03 GRIEVANCE PROCEDURE ................................................................................. 31 ARTICLE 4.04 DISCIPLINARY AND APPEALS PROCEDURE....................................................... 33 ARTICLE 4.05 POLITICAL ACTIVITIES ...................................................................................... 37 ARTICLE 4.06 PROHIBITION OF STRIKES ................................................................................ 38 ARTICLE 4.07 SUBSTANCE ABUSE POLICY .............................................................................. 38 ARTICLE 4.08 LAYOFF AND RETURN POLICY .......................................................................... 38 ARTICLE 4.09 OTHER ITEMS ................................................................................................... 40 APPENDIX A ........................................................................................................................ 42

97 MURRIETA SUPERVISORS’ ASSOCIATION 4
July 1, 2022, to June 30, 2024

MEMORANDUM OF UNDERSTANDING BETWEEN

THE CITY OF MURRIETA AND

THE MURRIETA SUPERVISORS ASSOCIATION
FOR THE PERIOD JULY 1, 2022, TO JUNE 30, 2024
SECTION 1 - ADMINISTRATION
ARTICLE 1.01 INTENT AND PURPOSE
It is the intent and purpose of this Memorandum of Understanding (hereinafter referred to as MOU) to set forth the understanding of the parties reached as a result of meeting and conferring in good faith regarding but not limited to matters relating to wages, hours, and terms and conditions of employment between employees represented by the MURRIETA SUPERVISORS ASSOCIATION (hereinafter referred to as “ASSOCIATION”) represented by the negotiations team and the CITY OF MURRIETA (hereinafter referred to as “CITY”) represented by management and the Murrieta City Council members.

ARTICLE 1.02 RECOGNITION
The CITY has recognized the ASSOCIATION as the exclusive representative bargaining agent for employees assigned to the positions recognized in Appendix A.

ARTICLE 1.03 IMPLEMENTATION
This MOU constitutes a mutual recommendation to be jointly submitted to the City Council of the City of Murrieta following the ratification of the MOU by the members of the ASSOCIATION.

However, this MOU is of no force or effect unless or until adopted by the City Council.

ARTICLE 1.04 MANAGEMENT RIGHTS
The ASSOCIATION recognizes the prerogative of the CITY and the City Manager to operate and manage its affairs in all respects in accordance with its responsibilities and powers or authority which the CITY has not officially abridged, delegated, or modified by this MOU and such powers or authority are retained by the CITY. These management rights include but are not l imited to the following:

A. To utilize personnel, set hours of work and work schedules, methods, procedures, and means in the most appropriate and efficient manner possible.

B. To manage and direct the employees of the CITY.

C. To maintain the efficiency of governmental operations. 98 MURRIETA SUPERVISORS’ ASSOCIATION 5
July 1, 2022, to June 30, 2024

D. To hire, schedule, promote, transfer, assign, train , or retrain employees in positions within the CITY including determining the procedures and standards of selection for employment and promotions.

E. To suspend, demote, discharge, or take other appropriate disciplinary action against the employee for just cause.

F. To determine the size and composition of the workforce and to lay off employees. Lay-off actions shall be implemented based upon the recognized lay-off procedure.

G. Determine and/or change the facilities, methods, technology, means, organizational structure, and size and composition of the workforce and allocate and assign work by which the CITY operations are to be conducted.

H. To establish and enforce dress and grooming standards.

I. To determine the content of job classifications.

J. To establish and modify productivity and performance programs and standards, including, but not limited to, quality and quantity standards, and to require compliance therewith.

K. To determine methods of financing.

L. To exercise complete control and discretion over its organization and the technology of performing its work.

M. To determine the mission of the CITY and the methods and means necessary to efficiently fulfill the mission, including the transfer, alteration, curtailment, or discontinuance of any goods or services; the establishment of acceptable standards of job performance; the purchase and utilization of equipment for the production of goods or the performance of services; and the utilization of students, part-time employees, and/or contractors.

N. It is understood by the parties that every incidental duty is not always specifically described. Nevertheless, it is intended that all such duties shall be performed by the employee.

O. The ASSOCIATION recognizes that the CITY has statutory rights and obligations in contracting for matters relating to CITY operations. The right of contracting or subcontracting is vested in the CITY including, but not limited to, the exercise of said contracting and subcontracting rights in the event of an emergency or essential public need or where it is not economical for CITY employees to perform said work.

P. The CITY retains the right to establish reasonable work rules of conduct. Any dispute with respect to these work rules shall not be subject to arbitration of any kind, but any dispute with respect to the reasonableness of the application of said rules m ay be subject to the grievance and arbitration procedures as set forth in this MOU. 99 MURRIETA SUPERVISORS’ ASSOCIATION 6
July 1, 2022, to June 30, 2024

Q. Any dispute with respect to MANAGEMENT RIGHTS shall not in any way be subject to arbitration.

ARTICLE 1.05 EMPLOYEE RIGHTS
It is agreed that each individual employee shall have the following rights, which he may exercise in accordance with applicable laws, ordinances, rules, and regulations:

A. The right to form, join and participate in activities of the ASSOCIATION for the purpose of representation on matters of his/her employee relations with the CITY or not to join or participate in the activities of any organization or association.

B. The right to be free from interference, intimidation, restraint, coercion, discrimination, or reprisal on the part of the management representatives, the supervisors, other employees, or employee organizations with respect to his/her membership or non - membership in any employee organization or with respect to any lawful activity associated therewith which is within the scope of representation.

C. Other than regarding the meet and confer process, ASSOCIATION members may be represented by an individual/entity of his/her choice.

ARTICLE 1.06 TERM OF MOU
The term of this MOU shall be July 1, 2022, through June 30, 2024. Negotiations for a successive term shall begin as mutually agreed upon by the CITY and the ASSOCIATION. Upon the expiration of this MOU, said MOU shall remain in full effect until such time as the meet and confer process for a successor MOU is completed.

ARTICLE 1.07 REOPENER
Should economic conditions change significantly, positively, or negatively, either the CITY or the ASSOCIATION reserves the right to reopen negotiations. In the event this option is exercised, the CITY or ASSOCIATION shall submit written notice to the other party requesting a meeting and outlining the specific issues to be discussed.

The CITY may reopen negotiations on the issue of health insurance benefits or cafeteria plan (including as to both, but not limited to, plan benefits or structure, CITY or employee contributions, and/or opt-out amount or requirements) in order to avoid penalties or taxes under the Affordable Care Act (“ACA”) or another statutory scheme by the Internal Revenue Service (“IRS”) or other federal agency (including, but not limited to, a revenue ruling, regulation or other guidance) or state agency, or a ruling by a court of competent jurisdiction. 100

MURRIETA SUPERVISORS’ ASSOCIATION 7
July 1, 2022, to June 30, 2024

ARTICLE 1.08 SEVERABILITY CLAUSE
Should any provision of this MOU, or any application thereof, be made unlawful by virtue of any federal, state, or local law and/or regulation, including judicial decisions of a court of competent jurisdiction, such provision shall be ineffective but shall not affect the enforceability of the remainder of the MOU. In all other respects, the provisions of this MOU shall continue in full force and effect for the term thereof.

ARTICLE 1.09 ASSOCIATION ACTIVITY
A. MEETINGS
ASSOCIATION members shall be granted one (1) hour of paid release time per year to attend an annual membership meeting. In addition, all ASSOCIATION members shall be provided paid release time to attend MOU ratification meetings not to exceed three (3) per year if such meetings are scheduled during their normal work shift. ASSOCIATION Board, ratification, and membership meetings may be held on CITY property using CITY meeting facilities, subject to availability. Five (5) calendar days advance notice shall be given to Human Resources for membership, ratification, and ASSOCIATION Board meetings when release time is involved. ASSOCIATION Board members shall be granted paid release time for up to six (6) ASSOCIATION Board meetings per calendar year.

ASSOCIATION negotiating members shall each be entitled to up to one (1) hour of paid release time before each meet -and-confer session and one-half (1/2) hours of paid release time after each meet-and-confer session for preparation and discussions.

B. Representatives of the ASSOCIATION having business with the officers and individual members of the ASSOCIATION may confer with such officers or members during the course of the workday for a reasonable length of time provided that such activities do not impede the operation of the CITY.

C. MEET AND CONFER
The ASSOCIATION shall advise the CITY, in writing, of its authorized representatives for the purpose of meeting and conferring with the CITY with respect to wages, hours, and terms and conditions of employment.

The ASSOCIATION may designate up to three (3) employees each calendar year. Such designated employees, acting as authorized representatives for the ASSOCIATION, shall be paid their regular salary and suffer no loss in pay or benefits for the release time spent in meeting and conferring with the CITY during their regular work hours, including time spent in caucuses during the negotiations. No payment will be made for any time spent outside of the employee’s normal workday.

101

MURRIETA SUPERVISORS’ ASSOCIATION 8
July 1, 2022, to June 30, 2024

D. BULLETIN BOARDS
The CITY shall provide space on a bulletin board at City Hall and permit the use of the same for ASSOCIATION announcements. A reasonable amount of time will be allowed for members of the ASSOCIATION to post ASSOCIATION notices. All notices shall be posted by an authorized representative of the ASSOCIATION and shall relate to the following ASSOCIATION matters:

1. Recreational and social affairs and/or discounts

2. Membership meetings

3. Elections and/or appointments

4. Committee reports

5. Rulings or policies

6. Judicial and quasi-judicial decisions affecting the unit, such as the results of fact- finding, grievances, etc.

7. Any other material authorized by the City Manager or designee Notices and announcements shall not contain anything political or controversial or anything negatively reflecting upon the CITY, any of its employees or officers, or any labor organization among its employees, and no material, notices , or announcements which violate the provisions of this section shall be posted. Notices and announcements shall be approved by the City Manager or designee prior to posting.

E. ASSOCIATION notices, logos, and decals shall not be permitted on any CITY property or equipment except as provided for in Article 1.09(D).

F. A reasonable amount of time will be allowed members on duty to vote in ASSOCIATION elections and referendums provided, however, that on -duty personnel shall not be allowed to leave their assigned duty stations.

ARTICLE 1.10 NOTICE REQUIREMENTS
A. In any case, when the CITY determines to reclassify the position of an ASSOCIATION member in a manner that will decrease the number of ASSOCIATION members who are represented or eligible for membership by the ASSOCIATION, Human Resources shall notify the ASSOCIATION in writing of the change at least thirty (30) days prior to the proposed effective date of the change.

102

MURRIETA SUPERVISORS’ ASSOCIATION 9
July 1, 2022, to June 30, 2024

B. REPORTING REQUIREMENTS

1. Human Resources shall notify the ASSOCIATION’s designated representatives via email by no later than ten (10) days after the completion of a Personnel Action Form (“PAF”), when an ASSOCIATION-represented employee is hired, promoted within the bargaining unit, reclassified within the bargaining unit, leaves the bargaining unit, or receives a salary advancement.

Excluding new hires, the only information the CITY is required to provide to the ASSOCIATION, due to the processing of such PAF, is the employee’s first/last name, employee identification number, type of status change (i.e. , promotion, reclassification, separation from service, salary advancement, etc.), new status (i.e. , new job title, new salary step, etc.), and effective date of the change.

For each new hire, the CITY shall provide the ASSOCIATION with all of the information required in Article 1.10(B)(2) below within thirty (30) days of hire, or by the first pay period of the month following hire.

2. The CITY shall provide the ASSOCIATION with an updated employee list the first week of the month in January, May, and September of each year.

The list shall include the following information on each employee:
• First and Last Name
• Employee Identification Number
• Date of Hire
• Job Title
• Home Address
• Home Mailing Address (if different)
• Home Phone Number
• Personal Cell Phone Number (if known)
• Personal E-Mail Address (if on file)
• Department
• Work Address
• Work Phone Number
103

MURRIETA SUPERVISORS’ ASSOCIATION 10
July 1, 2022, to June 30, 2024

• Salary Anniversary Date
• Salary Step
• Rate of Pay
The lists shall be submitted in a usable electronic format, preferably Excel, to the three (3) employee representatives who have been designated under Section 1.14(C) of this MOU and the ASSOCIATION’s designated labor consultant/representative (if any).

C. NEW EMPLOYEE ORIENTATION
Except when unforeseen events require less notice, the CITY shall provide no less than ten (10) days advance written notice by email to the three (3) employee representatives who have been designated under Section 1.14(C) of this MOU and the ASSOCIATION’s designated labor consultant/representative (if any) of any new employee orientation which includes new hires in this unit. One (1) representative from the ASSOCIATION shall be permitted to meet with each new hire, for no more than twenty (20) minutes of pa id work time, at the conclusion of the orientation.

ARTICLE 1.11 LABOR-MANAGEMENT COMMITTEE
The CITY and ASSOCIATION agree to establish a Labor- Management Committee (“LMC”). Each party shall appoint no less than two (2) members to the LMC. The LMC shall meet on an ad hoc basis, but no more than once every three (3) months unless mutually agreed t o otherwise, at a mutually convenient time and place to informally discuss any matters pertinent to maintaining good employer -employee relations. Both parties agree and understand that the LMC is only advisory in nature. Each party shall advise the other a t least two (2) working days prior to such meeting of the subject matters they wish to discuss. Employees shall not lose any compensation or benefits for attendance at LMC meetings conducted during regular work hours.

SECTION 2 – COMPENSATION
WAGES
ARTICLE 2.01 COMPENSATION
A. SALARY INCREASE

1. All represented employees hired on or before July 3, 2022, and still employed at the time of payment processing, shall receive a one-time stipend of one thousand five hundred dollars ($1,500), payable the second full pay period in July 2022 104

MURRIETA SUPERVISORS’ ASSOCIATION 11
July 1, 2022, to June 30, 2024

2. During the term of this agreement, employees represented by the ASSOCIATION shall receive the following cost of living adjustments:

a. Five percent (5%) effective the first full pay period following City Council adoption of the MOU.

b. Four percent (4%) effective the first full pay period in July 2023.

B. SALARY ADVANCEMENT
Advancement between salary steps will occur as follows:
• If hired at Step A, upon successful completion of the first six (6) months of the initial twelve (12) month probationary period.
• Annually upon the employee’s anniversary date until reaching the maximum salary step for their classification.

Salary advancement is based upon merit with satisfactory job performance. Annual performance evaluations shall be due based upon the employee’s anniversary date of appointment to their current classification. Merit increases shall be effective the first day of the pay period immediately following the employee’s anniversary date. If an employee does not receive a performance evaluation within the time required, any merit increase that is awarded after the evaluation is conducted shall be made and paid retroactively to the employee’s anniversary date.

ARTICLE 2.02 TEMPORARY ASSIGNMENT PAY
As a result of vacancies, leaves of absence, or other reasons, it may be necessary to temporarily reassign the duties of an authorized position to another employee. When such an assignment requires the employee to assume substantial additional duties which are outside the scope of the employee’s regular assignment for a period in excess of 14 consecutive calendar days, the employee shall be entitled to a salary adjustment to reflect the new duties. The following shall apply in these instances:

A. Approval required. Upon the recommendation of the Department Head and with the approval of the City Manager, an employee may temporarily be assigned to a higher-level classification to perform duties provided that:

1. The higher-level position is vacant and is approved by the City Manager for new or continued staffing.
105

MURRIETA SUPERVISORS’ ASSOCIATION 12
July 1, 2022, to June 30, 2024

2. The employee is called upon to perform a substantial amount of the duties of the higher-level position, and the duties for the higher-level position are outside the scope of the employee’s current classification as determined by the City Manager and the Department Head.

3. The vacancy is expected to continue for at least thirty (30) consecutive calendar days but not longer than one (1) calendar year, and

4. The employee possesses the minimum qualifications to perform the work of the higher-level position.

B. Salary. The employee in such a temporary assignment shall be entitled to a salary adjustment of approximately five (5) percent or the “A” step of the salary range of the higher-level position, whichever is greater, for the duration of the temporary assignment beyond the first thirty (30) days. Such an assignment shall not extend beyond 180 calendar days without the approval of the City Manager.

ARTICLE 2.03 SPANISH LANGUAGE PAY
The CITY has established a bi -lingual program that provides an additional two - and one -half percent (2.5%) of base pay for eligible members of the ASSOCIATION who are fluent in the Spanish language. The number of members to be eligible shall be determined by the CITY and shall be based upon the CITY’s needs. To become qualified, an employee must be certified by the City Manager and or his/her designee after the employee passes a verbal conversation examination established by the CITY in cooperation with the ASSOCIATION.

ARTICLE 2.04 SHIFT DIFFERENTIAL
Public Safety Dispatch Supervisors shall receive a shift differential equal to five percent (5%) of base salary for hours worked during the 1800-0600 hours shift.

ARTICLE 2.05 COURT TIME
The incumbent within the Public Safety Dispatch Supervisor position shall receive court time compensation at a rate of time and one-half with a two-hour minimum for the length of his/her tenure as the Public Safety Dispatch Supervisor.

106

MURRIETA SUPERVISORS’ ASSOCIATION 13
July 1, 2022, to June 30, 2024

ARTICLE 2.06 UNIFORM ALLOWANCE
All unit employees in the positions listed below shall be provided an annual uniform allowance in the amount of $800. Payment shall take place on the first payday in January each year. The CITY will not provide extra payment for clothes or uniform items damaged , regardless of fault.

Classifications covered by this provision include:

Code Enforcement Supervisor
Public Safety Dispatch Supervisor
Police Records Supervisor

ARTICLE 2.07 OVERTIME
All ASSOCIATION members shall be compensated at time and one-half based on their normal 40- hour rate when called upon to work emergency overtime on an incident for which the CITY is reimbursed at time and one -half by an outside agency such as FEMA or the California Office of Emergency Services.

All non-exempt employees shall be compensated at time and one-half based on all hours worked beyond the 40-hour week. Overtime must be approved in advance by the employee’s immediate supervisor. The employee could elect to have the compensation in pay or accumulate compensatory time and the rate of time and one-half.

Incumbents in the position of Police Records Supervisor currently eligible to receive overtime pay will continue to do so while remaining in their current positions. In determining the eligibility for overtime pursuant to the FLSA, the use of paid leave time as time off during an FLSA-designated work period shall be considered “hours worked” for purposes of determining FLSA eligibility for overtime.

Employees who earn Compensatory Time in lieu of overtime may accrue such leave time up to a maximum of eighty (80) hours at any given time.

Twice each year (in June & December) , employees who have accrued compensatory hours may request to cash out all or a portion of these accrued hours. Requests must be made in writing to the Finance Department through the chain of command. Maximum cash out in any leave year shall be eighty (80) hours.

ARTICLE 2.08 RETURN TO WORK PAY
All non-exempt employees who are required to return to duty during off-duty time shall receive a minimum of two (2) hours of pay at time and one-half (1.5) based on their hourly rate.

107

MURRIETA SUPERVISORS’ ASSOCIATION 14
July 1, 2022, to June 30, 2024

ARTICLE 2.09 ON-CALL PROGRAM
Due to the special requirements of public safety staffing, the CITY will establish an on -call program for the CAD/RMS Administrator, and Police Dispatch Administrative Supervisor classifications to be compensated at $200.00 per week.

Information Technology positions represented by the ASSOCIATION will be scheduled on a rotational basis with one primary and one secondary individual identified. Those employees working in the primary or secondary on-call spot will receive $200 per week when designated as on-call by the department director or designee. For each holiday included in a stand -by period, the affected employee shall receive an additional $35.00.

The parties agree to meet & confer to evaluate exempt -employee comp -time accruals for extended on-call assignments no later than December 31, 2023.

ARTICLE 2.10 TOTAL COMPENSATION
In order to attract and retain qualified employees, the CITY has endeavored (but is not mandated) to maintain salaries and benefits that are comparable in the local market.

A. DEFINITION. The combination of salaries and benefits is known as total compensation.

CITY and ASSOCIATION agree that total compensation shall consist of salary, shift differential, insurance premiums (medical, dental, vision, life, long-term disability, short- term disability, worker’s compensation, FICA), leave accruals (Holiday, Administrative), Tuition Reimbursement, Uniform Allowance, contributions to Cafeteria Plan and/or section 125 plan, PERS contributions, and court pay.

B. CO
MPARABLE CITIES. CITY and ASSOCIATION agree that, when collecting information regarding total compensation, the following cities will be surveyed: Carlsbad, Chino, Corona, Escondido, Hemet, Indio, Oceanside, Redlands, Temecula, and Upland.

C. The parties acknowledge that during all meet and confer processes regarding successors to this MOU, each reserves unto itself the option of proposing changes in the total compensation definition in paragraph A, above, and/or in the definition of “compar able cities,” in paragraph B, above.

ARTICLE 2.11 LONGEVITY PAY
At 15 years of continuous service, an employee will receive 2% of their base pay as longevity pay.

At 20 years of continuous service, an employee will receive an additional 3% of their base pay.

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July 1, 2022, to June 30, 2024

ARTICLE 2.12 ADMINISTRATIVE DISPATCH SUPERVISOR SPECIALTY PAY Effective the first full pay period in July 2022, the Dispatch Supervisor assigned to the position of Administrative Dispatch Supervisor (working title) shall receive, in addition to his/her regular monthly pay, compensation at the rate of five percent (5%) of the employee’s actual base salary per month, during the period of such assignment.

ARTICLE 2.13 CALPERS REPORTABILITY
The City makes no representation as to whether any of the compensation or payments in this MOU are subject to CalPERS service credit or pensionable income. Any determination by CalPERS to not fully credit the compensation and/or service time provided unde r this MOU is outside of the City’s control.

BENEFITS

ARTICLE 2.14 HOLIDAYS

A. CITY employees shall be eligible for holidays as prescribed in this section of this MOU.

B. The approved CITY holidays shall be as follows:

1) New Year’s Day
2) Martin Luther King Jr. Day
3) Presidents' Day
4) Memorial Day
5) Independence Day
6) Labor Day
7) Veterans Day
8) Thanksgiving Day
9) The day after Thanksgiving
10) Christmas Eve Day
11) Christmas Day
12) New Year’s Eve Day (Half-Day Holiday)
13) One (1) Floating Holiday

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July 1, 2022, to June 30, 2024

C. Holiday Value: The hour value for each holiday shall be equivalent to the employee’s authorized work schedule (e.g., If the holiday falls on a regularly scheduled eight (8) hour workday, the value of the holiday leave is eight (8) hours. If the holiday falls on a regularly scheduled nine (9) hour workday, the value of the holiday leave is nine (9) hours. If the holiday falls on a regularly scheduled ten (10) hour workday, the value of the holiday leave is ten (10) hours. If the holiday falls on a regularly scheduled twelve (12) hour workday, the value of the holiday leave is twelve (12) hours).

D. Half-Day Holidays: For half-day holidays, employees shall not be required to work the last half of their regularly scheduled shift. The hour value for each half -day holiday shall be equivalent to half of the employee’s authorized work schedule (e.g., If the holiday falls on a regularly scheduled eight (8) hour workday, the value of the half -day holiday is four (4) hours. If the holiday falls on a regularly scheduled nine (9) hour workday, the value of the half-day holiday is four and a half (4.5) hours. If the holiday falls on a regularly scheduled ten (10) hour workday, the value of the half -day holiday is five (5) hours. If the holiday falls on a regularly scheduled twelve (12) hour workday, the value of the half-day holiday is six (6) hours.). The hours of operation and/or the work schedules of employees may be adjusted on half-day holidays for operational efficiency. Employees will be notified at least fourteen (14) days in advance of such changes.

E. Procedure if Holiday Falls on Saturday or Sunday: For the Veterans Day holiday in 2023, facilities that are normally closed on Saturday will be closed to the public on Friday, with applicable City employees observing the Veterans Day holiday on Friday, November 10, 2023. Facilities normally open on Satu rday will observe the holiday on the actual date (Saturday, November 11, 2023). MSA members, however, would be required to advise their supervisor in writing at least two (2) weeks in advance if they plan on working on Friday, November 10, 2023, and not observe the holiday if their facility is normally closed on Saturday. Members who work the observed holiday (Friday) can use the value of the holiday leave at another time.

The Christmas Eve holiday (Sunday, December 24, 2023) and New Year’s Eve holiday (Sunday, December 31, 2023) will not be observed on a different day. Members who work at facilities normally closed on Sundays will not have their holiday bank hours reduced.

Members can use the value of the holiday leave for these two holidays at another time.

F. Procedure for Work Schedule Changes: Should an employee’s authorized work schedule (e.g., 5/8, 9/80, 4/10, or 3/12) be changed, resulting in a change in regular hours worked (e.g., 8, 9, 10, or 12), the hour value of holidays will be adjusted for any holidays remaining after the schedule change.

G. Holiday Leave Bank:

1. Employees will be provided holiday leave hours on the first payday in July.

Employees on a traditional 5/8 work schedule will receive one hundred (100) hours of holiday leave. Employees on a 9/80 work schedule will receive one 110

MURRIETA SUPERVISORS’ ASSOCIATION 17
July 1, 2022, to June 30, 2024

hundred twelve and one half (112.5) hours of holiday leave. Employees on a 4/10 work schedule will receive one hundred twenty-five (125) hours of holiday leave.

Employees on a 3/12 work schedule will receive one hundred fifty (150) hours of holiday leave. An employee’s holiday leave bank shall be reduced by the number of hours taken for each holiday or observed holiday.

2. Employees are required to use holiday leave each time a CITY-authorized holiday or observed holiday falls on a day when the employee would normally be scheduled to work.

3. Holiday leave bank hours may be used only after the holiday or observed holiday has occurred unless the City Manager has granted an exception. The Floating Holiday may be used as paid leave at any time during the same fiscal year in which it was credited to the employee’s holiday leave ba nk. Such time must be scheduled in advance a nd a pproved by the D epartment H ead with c onsideration g iven to sufficient staff be ing availa ble to c ontinue the efficient operation of the department.

4. Holidays, excluding the Floating Holiday, occurring during a Leave without Pay are not earned or vested. An employee on leave without pay for the entire fiscal year will not earn the Floating Holiday for that same year. Unearned holiday hours will be deducted from the employee’s Holiday leave Bank.

5. A
ny Holiday leave Bank hours that are not used by the last day of the last full pay period in June shall be cashed out on the final payday in June. Public Safety Dispatch Supervisors can cash out up to eighty (80) hours of unused holiday leave hours on the first payday in June and December each year upon written request with thirty (30) days’ notice to the CITY.

H. Employees Required to Work on Holiday: Employees who work on the actual or observed holidays listed in Article 2.14(B) shall not have their holiday bank hours reduced and shall be paid at the rate of time and one -half for all hours actually worked on those holidays.

Employees who work a partial day, defined as fewer hours than the employee’s normal workday, shall be paid at the rate of time and one -half for all hours actually worked on those holidays and shall have their holiday bank reduced by the numbe r of hours necessary to cover the difference in the number of hours of their regular shift if any. An employee who works both an observed and actual holiday shall only be eligible for holiday pay on one (1) such date and shall only receive the holiday leave value for one holiday.

I. Procedure if Holiday Falls on Regular Day Off: If an actual or observed holiday occurs on a day that is the employee's regular day off and the employee is not required to work (on either the actual or observed date), their holiday bank hours shall not be reduced. T he employee will be able to use the full holiday or half-day holiday leave hours at another time.
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July 1, 2022, to June 30, 2024

J. Employees beginning employment during the fiscal year will start with a prorated Holiday Leave Bank. Hours will be credited in accordance with the employee’s authorized work schedule for each City authorized holiday that has not yet occurred.

K. Employees separating e mployment with the C ITY during the fis cal year will re ceive payment for unused holiday leave only for holidays that have already occurred and been earned, including the Floating Holiday, if the employee has not yet used them. Payroll will audit the holiday leave bank and make adjustments on the final paycheck if necessary.

ARTICLE 2.15 INSURANCE AND RETIREMENT BENEFITS
The CITY contracts with the California Public Employees’ Retirement System (“CalPERS”) for participation in the Public Employees Medical and Hospital Care Act (“PEMHCA”). Government Code § 22892 requires monthly minimum employer contributions (“MEC”) for health premiums to allow enrollment in PEMHCA.

The MEC is statutorily adjusted and set by CalPERS each calendar year. (The monthly MEC per employee is $149 for 2022 and $151 for 2023
A. MEDICAL INSURANCE
The CITY shall fund a Section 125 Cafeteria Plan on behalf of each employee in the following contribution amounts, which include the MEC:
• Effective January 1, 2022, the total monthly contribution shall be $1,611.16 per month. • Effective January 1, 2023, the total monthly contribution shall be $1,661.16 per month. • Effective January 1, 2024, the total monthly contribution shall be $1,747.83 per month.

This contribution amount will be adjusted each January thereafter by fifty percent (50%) of the increase in cost (for the purpose of this section, “cost” is defined as the difference in the premium rate from the current year to the next year, e.g., January 2023 to January 2024, etc.) for the lowest cost monthly family premium for a CalPERS sponsored HMO medical plan in Region 3 (excluding Health Net Salud Y Más or plans which provide primary healthcare in Mexico). In the event the cost decreases, the CITY s hall continue to pay the higher contribution amount based on the previous adjustment. No additional increase in the CITY’s contribution will be required again until such premium rate increases above the contribution amount being paid by the CITY at that time. The adjustment (still subject to the 50% split above) will then be calculated based on the amount that the new premium rate exceeds the premium cost that the City’s cafeteria plan contribution is based on.

In addition to the annual adjustment described above, the monthly contribution shall increase by an additional $50, effective the first full pay period in January 2023. 112

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The following examples reflect the parties’ understanding of how the City’s contributions would be calculated based on the above formula:
2022 Monthly Contribution Calculation Example:
2022 Lowest Cost Family HMO Premium $1,758.85
2021 Lowest Cost Family HMO Premium $1,661.66
Increase/Decrease of Premium $97.19 ($1,758.85 - $1,661.66) 50% of Premium Increase $48.60 ($97.19 / 2)
2021 Monthly Contribu�on Amount $1,562.56
*New 2022 Monthly Contribu�on Amount $1,611.16 ($1,562.56 + $48.60)

2023 Monthly Contribution Calculation Example:
2023 Lowest Cost Family HMO Premium $1,719.87
2022 Lowest Cost Family HMO Premium $1,758.85
Increase/Decrease of Premium - $38.98 ($1,719.87 - $1,758.85) 50% of Premium Increase N/A due to lowest-cost HMO decrease 2022 Monthly Contribu�on Amount $1,611.16
New Addi�onal Bargained Increase $50 (effec�ve January 2023) *New 2023 Monthly Contribu�on Amount $1,661.16 ($1,611.16 + $50)

2024 Monthly Contribution Calculation Example:
2024 Lowest Cost Family HMO Premium $1,832.19
2022 Lowest Cost Family HMO Premium $1,758.85
Increase/Decrease of Premium $73.34 ($1,832.19 - $1,758.85) 50% of Premium Increase $36.67 ($73.34 / 2)
2023 Monthly Contribu�on Amount $1,661.16
New Addi�onal Bargained Increase $50 (effec�ve January 2023) *New 2024 Monthly Contribu�on Amount $1,747.83 ($1,661.16 + $36.67 + $50)

The employee will pay any additional cost based on their chosen plan coverage.

Any amount remaining from the CITY’s contribution after the payment of the monthly premium, or eight hundred thirty-three dollars and forty-three cents ($833.43), whichever is higher, may be used for other allowable Cafeteria Plan expenditures, such as Fle xible Spending Account contributions, or taken as a taxable cash payment, limited to the provisions for taxable cash payment enumerated as follows.

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July 1, 2022, to June 30, 2024

Taxable Cash Payment (cash-in-lieu of health care):

1. Those employees working for the City of Murrieta on or before September 30, 2019, who elected and receive cash -in-lieu for Plan Year 2019 (Tier 1) shall be allowed to maintain the benefit. Should such an employee reduce or eliminate the cash-in-lieu benefit in future years, such election will be final: it cannot be increased or reinsta ted in the future though the employee can elect to further reduce the benefit until it is eliminated.

2. Any employee hired on or before September 30, 2019 , that did not elect cash-in- lieu shall not be eligible for such this Plan Year or in any future Plan Year.

3. New employees hired on or after October 1, 2019 , shall not be eligible to receive cash-in-lieu.

B. RETIREE MEDICAL
As allowed by law, employees retiring from the CITY who choose to continue their CalPERS health insurance upon retirement are eligible to receive the following benefit based on their hire date with the CITY. The retiree may also select plan coverage for all eligible dependents.

The retiree will be responsible for paying any additional costs based on their chosen plan coverage.

1. Prior to January 1, 2008:

For employees hired prior to January 1, 2008, the CITY shall pay an amount not to exceed a total of eight hundred thirty-three dollars and forty-three cents ($833.43) per month.

The CITY shall pay the monthly MEC and make a monthly contribution to a Retirement Health Savings Plan (“RHS”) on behalf of each eligible retiree. The amount of the CITY’s contribution to the RHS ($705.43 for 2017 and $700.43 for 2018) shall be the difference between the eight-hundred thirty-three dollars and forty -three cents ($833.43) and the amount of the most current MEC.

2. January 1, 2008, through July 14, 2014 (with a minimum of 10 years CITY service):

For employees hired on and after January 1, 2008, and before July 15, 2014, and who thereafter retire from CITY service with a minimum of ten (10) full years of CITY service, the CITY shall pay an amount not to exceed a total of three hundred and sixty dollars ($360.00) per month, up to the date of retiree’s eligibility to receive Medicare.

Until the retiree is eligible to receive Medicare, the CITY shall pay the monthly MEC and make a monthly contribution to a Retirement Health Savings Plan (“RHS”) on behalf of each eligible retiree. The amount of the CITY’s contribution to the RHS ($232.00 for 2017 and $227.00 for 2018) shall be the difference between the three hundred and sixty dollars ($360.00) and the amount of the most current MEC.
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July 1, 2022, to June 30, 2024

Upon the retiree’s eligibility to receive Medicare, the CITY shall only pay the amount of the most current MEC. The CITY shall no longer contribute to the RHS on behalf of the retiree. 3. January 1, 2008, through July 14, 2014 (with less than 10 years of CITY service):

For those employees hired on and after January 1, 2008, and before July 15, 2014, and who thereafter retire from CITY service with less than ten (10) full years of CITY service, the CITY shall only pay the amount of the most current MEC. The CITY shall not make any contributions to an RHS on behalf of the retiree.

4. On or after July 15, 2014:

For employees hired on or after July 15, 2014, and who thereafter retire from CITY service, the CITY shall only pay the amount of the most current MEC. The CITY shall not make any contributions to an RHS on behalf of the retiree.

C. DENTAL AND ORTHODONTIC INSURANCE
The CITY agrees to provide a dental and orthodontic benefits plan. The CITY shall pay one hundred percent (100%) of the monthly premium payments for each employee and the employee’s eligible dependents.

D. VISION INSURANCE
The CITY agrees to provide a vision plan. The CITY shall pay one hundred percent (100%) of the monthly premium payments for each employee and the employee’s eligible dependents up to a maximum of thirty-nine dollars and fifty-two cents ($39.52).

E. LIFE INSURANCE
The CITY agrees to provide life insurance coverage in the amount equal to the employee’s annual salary, up to a maximum of one hundred and fifty thousand dollars ($150,000.00) through an insurance company selected by the CITY. The CITY shall pay one hundred percent (100%) of the full monthly premium for said life insurance on behalf of each employee.

Employees may opt to purchase additional life insurance at a cost to be paid by the employee.

F. LONG-TERM DISABILITY
The CITY agrees to provide long -term disability insurance coverage through an insurance company selected by the CITY. The CITY shall pay one hundred percent (100%) of the full monthly premium for said insurance coverage on behalf of each employee.

G. SHORT-TERM DISABILITY
The CITY agrees to provide short -term disability insurance coverage through an insurer selected by the CITY. The CITY shall pay one hundred percent (100%) of the full monthly premium for said insurance coverage on behalf of each employee. 115

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July 1, 2022, to June 30, 2024

H. FLEXIBLE SPENDING ACCOUNTS
The CITY has established a Flexible Spending Account (“FSA”) to allow employees to make pre-tax deductions from their earnings for the purposes of reimbursement by a third-party administrator for eligible healthcare and dependent care expenses. Employees are also allowed to make pre -tax deductions from their earnings for the purpose of paying their employee contributions for health insurance premiums. The CITY will pay all administrative costs for this program.

I. PUBLIC EMPLOYEES’ RETIREMENT SYSTEM

1. Employees hired prior to December 30, 2012:

Effective July 1, 2007, the CITY amended its CalPERS retirement contract in accordance with Section 21354.5 of the Public Employees’ Retirement Law, to provide a 2.7% at age 55 (One -Year Final Compensation) retirement benefit formula for represented employees. The CITY shall pay the full employer cost for his benefit. Effective September 9, 2012, employees who receive this retirement benefit formula will pay the entire eight percent (8%) of the employee portion of the CalPERS retirement contribution.

2. Employees hired on or after December 30, 2012:

Effective December 30, 2012, the CITY amended its CalPERS retirement contract in accordance with Section 21353 of the Public Employees’ Retirement Law to provide a 2% at age 60 (Three -Year Final Compensation) retirement benefit formula for represented employees hired on or after Dece mber 30, 2012. Effective January 1, 2013, this benefit only applies to employees hired who are, by CalPERS definition, a “Classic Member”. The term Classic Member is an individual who entered into membership with CalPERS or a reciprocal retirement system on or before December 31, 2012, and who does not meet the definition of a “New Member” in Government Code (GC) Section 7522.04(f).

Employees who receive this retirement benefit formula will pay the entire seven percent (7%) of the employee portion of the CalPERS retirement contribution.

Effective January 1, 2013, under the Public Employee’s Pension Reform Act of 2013 (PEPRA) the CITY will provide a 2% at age 62 (Three-Year Final Compensation) retirement benefit formula for represented employees hired as a “New Member” on or after January 1, 2013. The CalPERS definition of a New Member means any of the following:

1. An individual who becomes a member of CalPERS for the first time on or after January 1, 2013. 2. An individual who is not subject to reciprocity (under GC 7522.02(c)).

3. An ind ividual who was an active member of CalPERS or reciprocal retirement system and who, after a break in service of more than six months, returned to active membership in that system with a new employer. A New Member will pay 50% of the normal cost rate for their defined benefit plan which was six and one-half percent (6.5%) as of January 1, 2013.

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July 1, 2022, to June 30, 2024

3. CalPERS 1959 Survivor Benefit:

Effective November 7, 2004, the CITY agrees to provide the fourth level 1959 Survivor Benefit to represented employees. The CITY shall pay the employer’s administrative costs for said benefit, and the employee shall pay his or her share of the monthly cost for said program.

4. Effective November 7, 2001, the CITY amended its contract with the California Public Employees Retirement System to provide Military Service Credit as Public Service (PERS Section 21024). Under this amendment, employees must pay the costs of purchasing their service credit.

ARTICLE 2.16 DEFERRED COMPENSATION MATCH
For those employees participating in a CITY-sponsored deferred compensation program, the CITY shall contribute a matching amount to the employee’s account on a dollar- for-dollar basis, not to exceed $2,200 per year.

ARTICLE 2.17 TUITION REIMBURSEMENT PROGRAM
After twelve (12) months of full-time employment with the CITY, regular full-time employees shall be eligible to receive financial assistance for approved courses completed at an accredited educational institution. The maximum reimbursable amount shall be $1,500.00 per employee per fiscal year for allowable expenses as outlined in the CITY’s Tuition Reimbursement Policy.

Reimbursement will be made provided: pre -approval was obtained; courses are satisfactorily completed; appropriate proof of successful completion is submitted to Human Resources; courses of instruction will enable the employee to perform their present duties more effectively or will prepare them for future opportunities which they could reasonably expect a promotion or transfer to at the CITY; the hours of instruction for the course do not conflict with the employee’s regularly scheduled work day; and reimbursement is limited to a maximum of two courses per semester or quarter.

SECTION 3 – HOURS
ARTICLE 3.01 LEAVES
All applicable leave accruals ( e.g., annual) are calculated and credited to each employee based upon an eight (8) hour workday. All leave hours taken shall be based upon the length of a given employee’s workday ( e.g., 8 hrs., 9 hrs. , 10 hrs., 12 hrs.) and charged against the applicable accrued leave balance.
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July 1, 2022, to June 30, 2024

A. JURY LEAVE
Employees who are called for jury service in any court in the State of California or in the United States shall be granted a paid leave of absence to serve as a juror.

An employee summoned to and serving on jury duty shall submit evidence of the summons to the employee’s supervisor and may be absent from duty with full pay. The employee shall be entitled to retain the pay received for jury duty as partial or full reimbursement for the additional expenses associated with jury duty with no additional reimbursement by the CITY.

B. MILITARY LEAVE
Military leaves of absence shall be governed by the provisions of the Military and Veterans Code §395 et seq.

C. STATUTORY LEAVE
It is the intent of the CITY to comply fully with all statutory leave provided by law, including but not limited to the Family and Medical Leave Act (“FMLA”), the California Family Rights Act (“CFRA”), Pregnancy Disability Leave (“PDL”), and the Family School Partnership Act (Labor Code §230.8). Nothing in this MOU is intended to restrict employees’ rights to statutory leave under these laws.

D. BEREAVEMENT LEAVE
An employee may use up to three (3) work shifts of paid Bereavement Leave , and two additional unpaid days, if required to be absent from work due to the death of an employee’s immediate family member. Additional time off may be authorized by the Department Head. Any additional time off will be charged to the employee’s accrued Annual Leave or treated as leave without pay. However, if the employee provides documentation that three hundred (300) or more miles were traveled one way pursuant to the use of Berea vement Leave, an additional two (2) paid shifts of leave may be provided.

Immediate family shall be defined as spouse, registered domestic partner, child, parent, sibling, grandparents; the aforementioned either natural, legally adopted, step or in-law, or any person over whom the employee acts as the legal guardian, or a verifiable current member of the employee’s immediate household. The CITY and the ASSOCIATION agree that the definition of immediate family shall include an ex -spouse if the employee is escorting dependent children to the funeral of an ex -spouse who was the pare nt of the dependent child or children.

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July 1, 2022, to June 30, 2024

E. ANNUAL LEAVE

01. All employees covered by the terms and conditions of this MOU shall accrue Annual Leave per the following schedule:

Years of Service Annual Accrual Maximum Accrual
1 to 3 years 168 hours per year 594 hours
4 to 6 years 192 hours per year 594 hours
7 to 10 years 216 hours per year 594 hours
11 to 15 years 232 hours per year 594 hours
16+ years 272 hours per year 594 hours

02. The maximum amount of scheduled Annual Leave time which may be taken shall be thirty (30) working days in a fiscal year unless used for sick leave purposes. Additional Annual Leave for exceptional situations may be granted on a case-by-case basis by the City Manager.

03. A minimum of eighty (80) hours of leave (a combination of Administrative, Annual, or Floating Holidays) must be used each fiscal year by the employee.

04. Annual Leave may be accrued up to a maximum of five hundred and ninety-four (594) hours. When this maximum amount is reached , the employee will no longer accrue additional Annual Leave. Annual Leave accruals will re-commence in the pay period in which the use of Annual Leave reduces the balance below the maximum allowed. It is incumbent upon the employee to manage their accrued annual time off so as not to exceed the maximum amount of five hundred and ninety-four (594) hours.

05. Represented employees who have a balance of at least one hundred and sixty (160) hours of Annual Leave and have used a minimum total of eighty (80) hours of Annual Leave in the past fiscal year can cash out a maximum of fifty (50) hours of Annual Leave on the first payday in June and December each year.

06. Earned and accrued Annual Leave, not being taken as sick leave, may be taken before the completion of the first year of service with the approval of the City Manager or designee.

Earned and accrued Annual Leave may be taken for the purpose of sick leave after the completion of ninety (90) days of CITY service and does not require City Manager approval. See Section 3. 01(F) below for requirements related to the use of Annual Leave as sick leave.

07. Holidays falling within the scheduled Annual Leave period shall not be considered as part of an employee’s Annual Leave. Should a holiday be declared during an employee’s Annual Leave period, an equivalent number of Holiday Leave Bank hours 119

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July 1, 2022, to June 30, 2024

will be used instead of Annual Leave. Illness occurring during a scheduled Annual Leave period shall not be considered as unscheduled (sick) leave.

08. Any employee who is eligible for Annual Leave benefits and terminates their employment with the CITY will be paid for any unused Annual Leave hours.

09. Use of Annual Leave in excess of eighty (80) consecutive hours, excluding usage for qualified sick leave, will require the City Manager’s approval.

F. SICK LEAVE

1. Personal Sick Leave:

When an employee is absent from work due to personal illness, injury, a health - related reason (such as the diagnosis, care , or treatment of a health condition), or preventative care, said leave time shall be taken and paid from accrued Annual Leave and/or the employee’s Sick Leave Bank (if any frozen sick leave hours are in the Sick Leave Bank).

2. Family Sick Leave:

When an employee is absent from work, or needs a leave of absence due to an illness, injury, or health-related reason (such as the diagnosis, care, or treatment of a health condition) or preventative care of a qualified family member, said leave time shall be taken and paid from accrued Annual Leave and/or the employee’s Sick Leave Bank (if any frozen sick leave hours are in the Sick Leave Bank).

For the purpose of Family Sick Leave, a qualified family member means the employee’s: child (includes any age or dependency status, or for whom the employee is a legal ward or stands in loco parentis), parent (includes the person who stood in loco parentis of the employee as a child), parent -in-law, spouse, registered domestic partner, grandparent, grandchild, or sibling.

3. Other Statutory Use:

Leave time shall be taken and paid from accrued Annual Leave and/or the employee’s Sick Leave Bank (if any frozen sick leave hours are in the Sick Leave Bank) to cover an absence for an employee who is a victim of domestic violence, sexual assault, or stalking to:
(a) Obtain or attempt to obtain a temporary restraining order or other court assistance to help ensure the health, safety, or welfare of the employee or their child(ren).
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(b) Obtain medical attention or psychological counseling; services from a shelter; program or crisis center; or participate in safety planning or other actions to increase safety.

4. Medical Certification:

In the event of sick leave absences due to personal illness or injury, which exceeds three (3) consecutive workdays, the Department Head or Human Resources may require a physician’s statement indicating the employee’s fitness to return to work.

5. Sick Leave Bank:

A. All sick leave hours which were accumulated since the employee’s date of hire up to and including the pay period ending July 6, 1996, were frozen and placed in a Sick Leave Bank for each eligible employee. This Sick Leave Bank shall remain available for the employee’s use during their employment for qualifying absences for illnesses, injury, preventative healthcare, or any other reason allowed by law for the use of sick leave which results in an absence of one (1) day or more.

B. At the time of an employee’s resignation, employees shall be eligible to receive a payment of fifty percent (50%) of the unused Sick Leave in their Sick Leave Bank at the employee’s current rate of compensation. Employees retiring from the CITY will receive the value of fifty percent (50%) of the unused Sick Leave in their Sick Leave Bank at the employee’s current rate of compensation which will be deposited directly into a Retirement Health Savings account. The remaining accumulated but unused sick leav e hours cannot be used for any purpose other than CalPERS service credit for employees who are retiring.

G. ADMINISTRATIVE LEAVE
Each employee will accrue Administrative Leave at the rate of 2.3077 hours per pay period for up to a maximum of sixty (60) hours per year.

Employees separating from service with the CITY will be compensated for all accumulated but unused hours of Administrative Leave. Payment shall be made at the employee’s current rate of compensation.

Employees are allowed to sell back up to twenty (20) hours of accumulated but unused hours of Administrative Leave each fiscal year, payable on the first payday in June.

Payment shall be made at the employee’s current rate of compensation.

Employees who are eligible for overtime will not receive Administrative Leave.

H. LEAVE OF ABSENCE WITHOUT PAY
In the event an employee has exhausted all paid leave accruals, an employee may be allowed a Leave of Absence Without Pay for a period not to exceed six (6) months. This 121

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July 1, 2022, to June 30, 2024

can be initiated by a written request from the employee or a family representative if the employee is unable to make the request. The request shall be directed to the employee’s Department Head, who will forward it with a written recommendation to the City Manager for review and approval. The City Manager’s decision to approve or deny the request shall be final in all cases.

During such Leave of Absence Without Pay, no credits for Annual Leave and Holidays will be accrued, and the employee will be excluded from all other compensation and fringe benefits. However, the employee may, at their own discretion and cost, take advantage of the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) program so that applicable health benefits may continue.

I. DISABILITY LEAVE

1. Worker’s Compensation Leave:

When an employee is unable to work due to an accepted work -related injury, the employee shall receive Total Temporary Disability (TTD) benefits as provided by law.

For sixty (60) workdays, the CITY shall pay the employee the difference between their regular base salary and the amount of the TTD payment. Any partial day off will count as a full day towards the sixty (60) days. Beyond the sixty (60) workdays of TTD, the employee shall have the option of using accumulated Annual Leave to supplement the TTD, provided the combined amount received from TTD and the supplement does not exceed one hundred percent (100%) of the employee’s base salary.

During a pay period wherein an employee is supplementing their TTD with accrued Annual Leave, the employee will continue to accrue all paid leave and benefits at their normal rate. This supplement shall be, at a minimum, equal to the employee’s bi- weekly accrual rate.

2. Non-Industrial Disability Leave:

When an employee is unable to work due to a non -industrial illness or injury, the employee shall have the option to use accumulated paid leave to cover the period of absence.

During a pay period wherein an employee is on paid leave for any portion thereof, the employee will continue to accrue all paid leave and benefits at their normal rate. In the event an employee is no longer in a paid status for any portion of a pay period, then the provisions of a Leave of Absence Without Pay in Article 3.01(H) will apply.

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ARTICLE 3.02 WORK SCHEDULES
It is understood by both the CITY and the ASSOCIATION that some employees may work other schedules; however, the CITY’s standard work schedule is a fixed 9/80 work schedule. The parties agree to meet and confer on the implementation of alternate work schedules by no later than January 31, 2023, to include options of a 9/80, 4/10, 5/8, or remote work, which will provide sufficient coverage, as determined by management, to be op en to the public all five days of the regular workweek.

A. WORKWEEK
The City defines the FLSA workweek for non -exempt employees as beginning at 12:00 a.m. on Sunday and ending at 11:59 p.m. on Saturday, except for employees on a 9/80 or 3/12 work schedule.

B. WORKWEEK FOR 9/80 WORK SCHEDULE
Employees shall normally work a 9/80 work schedule. Employees working a 9/80 work schedule will have a regular day off every other week as determined by the City. For such employees working a 9/80 work schedule, each employee’s designated workweek shall begin exactly four hours after the start of his/her eight -hour shift on the day of the week that corresponds to the employee’s alternating regular day off.

C. WORKWEEK FOR 3/12 WORK SCHEDULE
Public Safety Dispatcher Supervisors working a 3/12 work schedule will have an alternating regular day off every other week as determined by the City. For such employees working a 3/12 work schedule, each employee’s designated workweek shall begin exactly four hours after the start of his/h er eight-hour shift on the day of the week that corresponds to the employee’s alternating regular day off.

D. WORKWEEK FOR 4/10 WORK SCHEDULE
The parties have agreed to implement a 4/10 work schedule that provides for City Hall to be open Monday through Friday. The 4/10 work schedule for full-time employees can be any combination of workdays that allows an employee to be scheduled for four (4) consecutive ten (10) hour days totaling forty (40) hours of work in each defined FLSA workweek.

Approval of work schedules will be determined by the Department Head, with the assistance of the Human Resources Division and the approval of the City Manager. All requests by employees to work a 4/10 schedule must be in writing, approved in writing, with the specific defined workweek and work schedule identified in the approval, and placed in the employee’s personnel file. The City's intent regarding 4/10 work schedules is for their use wherever feasible when requested by the employee and consistent with the operational needs of the department and the City. The City may cancel an approved 4/10 work schedule by providing the employee with no less than fifteen (15) days but with the goal of providing thirty (30) days advance notice.

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(15) days but with the goal of providing thirty (30) days advance notice and obtain written approval from their Department Head, which must also be copied to Human Resources.

The parties recognize that there may be work demands that prevent every employee from being approved to work their first choice of workdays. In that case, every effort will be made to address the conflict and work demands within the department. If a mutual agreement cannot be reached, then preference will be given to the employee with the greatest City seniority. City seniority is defined as the date of hire. Employees working 4/10 work schedules are prohibited from changing or switching their regular days off without prior approval from their Department Head due to the likelihood that overtime will result. Changes to the work schedule agreement must be made in accordance with this MOU and the Work Schedule Policy.

SECTION 4 – WORKING CONDITIONS

ARTICLE 4.01 PROBATION PERIOD
A. INITIAL PROBATION:

All newly hired employees shall serve a twelve (12) month probation period commencing on the designated effective date of initial employment.

B. PROBATION FOLLOWING PROMOTION:

All newly promoted employees shall serve a six (6) month probation period commencing on the designated effective date of promotion. If the newly promoted employee does not pass probation as determined by the CITY, the CITY shall return the employee to thei r previous position prior to the promotion.

C. PROBATION FOLLOWING RECALL:

A former employee who is recalled to a classification in which they never completed the required probation period prior to layoff shall have a new twelve (12) month probationary period, or who is recalled to a new classification which they have never previously held, shall serve a six (6) month probation commencing on the designated effective date of re- employment.

A former employee who had passed the required probation period prior to layoff for the same classification to which they are recalled, was laid off for a period of greater than twelve (12) months and is subsequently recalled to a classification other than that held immediately prior to the layoff shall serve a three (3) month probation period commencing on the designated effective date of re-employment. 124

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A former employee who had passed the required probation period prior to layoff, was laid off for a period of twelve (12) months or less and is recalled to the same classification which they held immediately prior to the layoff shall not be required to complete an additional probation period upon recall.

D. PERFORMANCE EVALUATION DURING PROBATION:

Each employee serving a probationary period shall, in accordance with CITY policies in the Employee Handbook as revised in November 1997, receive at least one (1) performance evaluation during their probationary period. Such evaluation will be done at the end of the first six (6) months of employment.

E. EMPLOYMENT STATUS DURING PROBATION:

Probationary employees, excluding those on a promotional probation, are considered “at will” employees and serve at the pleasure of the City Manager. They may be discharged at any time during the probationary period for any reason, with or without cause, and with no rights of appeal.

Employees who are on probation following a promotion retain their regular employment status with the CITY and may not be discharged from employment without cause.

However, such employees may be returned to their former position during the probationary period with or without cause and with no rights to appeal.

ARTICLE 4.02 UNFAIR EMPLOYEE RELATIONS PRACTICE
It is agreed that it shall be an unfair employee relations practice for the CITY and/or the ASSOCIATION or its representatives:

A. To interfere with, restrain, discriminate, intimidate, or coerce employees in the exercise of the rights recognized or granted in this MOU.

B. To refuse to meet and confer in good faith with the ASSOCIATION, or its representatives to refuse to meet and confer in good faith with the CITY on matters within the scope of representation.

ARTICLE 4.03 GRIEVANCE PROCEDURE
The CITY and the ASSOCIATION agree to meet and confer in order to amend the existing grievance procedure by clarifying language and establishing acceptable time frames for the filing of grievances.
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A. MATTERS SUBJECT TO THE GRIEVANCE PROCEDURES
A grievance is a complaint by an employee or the employee ’s ASSOCIATION that the employee has been adversely affected due to a misinterpretation or misapplication of this MOU, any other work rules, conditions of employment, or regulations of the CITY or department or actions of management regarding employee relations. Disciplinary actions are subject only to the provisions of the disciplinary procedures section of this MOU and are not subject to the procedures of this section.

1. No punitive action will be assessed against an employee for utilizing the grievance procedure.

2. In a hearing or meeting with the supervisor, Department Head, or City Manager called to resolve a grievance, a maximum of two employees, or ASSOCIATION representatives, which may or may not include the grievant, may be excused from work, with the exception of those called as witnesses when both parties agree they are necessary to determine certain facts.

3. The preparation of grievances shall not unreasonably interfere with the employee’s regularly assigned duties.

4. At any stage of the grievance process, both parties are entitled to representation.

B. INFORMAL GRIEVANCE PROCEDURES
Every effort shall be made to resolve a grievance through discussion between the employee, and/or the employee’s designated representative, and the employee ’s immediate supervisor. If, after such discussion, the employee does not feel the grievance has been satisfactorily resolved, the employee shall have the right to discuss the matter with the supervisor ’s superior within the department. The informal grievance process shall be commenced not later than twenty (20) calendar days after the employee/ASSOCIATION knew or reasonably should have known of the occurrence which is the subject of the grievance. Failure to timely initiate the grievance procedure, and to meet with the supervisor’s superior not later than twenty (20) calendar days after being advised of the supervisor’s decision, shall be a bar to further processing of the grievance.

B. FORMAL GRIEVANCE PROCEDURES
If the employee is not in agreement with the decision rendered in the informal grievance procedure, the employee shall have the right to present a formal grievance in writing to the Department Head within twenty (20) calendar days after receipt of the decision at the informal grievance step. The Department Head shall meet with the employee and/or the employee’s designated representative within twenty (20) calendar days after rec eipt of the written grievance. The Department Head shall review the grievance, render a decision in writing and return it to the employee and/or the employee’s designated representative 126

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within twenty (20) calendar days after meeting with the employee or the employee ’s designated representative.

D. APPEAL PROCEDURES
If the employee disagrees with the decision reached by the Department Head, the employee may present an appeal in writing to the City Manager within twenty (20) calendar days after the employee ’s receipt of the Department Head’s decision. The City Manager shall set a meeting with the employee and/or the employee ’s designated representative to discuss the grievance within twenty (20) calendar days. Within twenty (20) calendar days following the meeting, the City Manager shall deliver a copy of the decision t o the employee and/or the employee ’s designated representative. The City Manager’s decision shall be final.

F. EXTENSION OF TIME LIMITS
All time limitations imposed by the grievance procedures described in this section may be extended by mutual written agreement between the CITY and the employee.

ARTICLE 4.04 DISCIPLINARY AND APPEALS PROCEDURE
A. STANDARDS OF CONDUCT. All employees are expected to adhere to standards of reasonable and prudent conduct.

B. A PPLICABILITY OF DISCIPLINE. Disciplinary action may be taken against any non -elected employee of the CITY. Employees represented by the ASSOCIATION shall have rights to the notice and hearing requirements set forth in this section.

C. D
ISCRETION IN DISCIPLINARY ACTION. The City Manager, Department Head, and supervisors may exercise their discretion in applying discipline appropriate to the employee’s offense(s) and work record with the CITY.

D. P ERMITTED DISCIPLINARY ACTION. Any one or combination of the following disciplinary actions may be taken against any employee for offenses stated in this section or for any other just cause:

Oral admonishment
Directive Memorandum
Corrective Counseling Memorandum
Written reprimand
Suspension Without Pay
Reduction in salary
Demotion
Dismissal
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E. ORAL ADMONISHMENT. Pre-disciplinary oral admonishments should be given in private.

The supervisor shall include in the admonishment a review of appropriate departmental and/or CITY standards and policies, employee performance expected in the future and the likely consequences of failure to correct performance or behavior within the perio d of time determined by the Department Head. Oral admonishments shall be memorialized in writing.

F. D
IRECTIVE MEMORANDUM. When oral communication has not been sufficient, a pre- disciplinary directive memorandum can be issued to inform and direct the employee in writing on how to complete a task and perform correctly in the future. It may also be used to give general direction to one or more employees.

G. C ORRECTIVE COUNSELING MEMORANDUM. A pre-disciplinary formal counseling process includes a dialogue between the supervisor and the employee and results in a corrective memorandum issued to the employee , which informs the employee that even after the previous direction, a task is still being completed incorrectly. This is a warning that further occurrences may result in disciplinary action and is the last pre -discipline step. The memorandum requires correction of performance.

H. W
RITTEN REPRIMAND. A written reprimand shall be prepared for the continued or more serious offense. The reprimand shall take the form of a memorandum, including a full, accurate, and factual statement of the reason for the reprimand. The memorandum shall be given to the employee in private. The supervisor shall explain appropriate departmental standards and policies, employee performance expected in the future, and likely consequences of failure to correct performance or behavior within the period of time determined by the Department Head. A copy of the memorandum shall be placed in the employee ’s personnel folder. The employee may respond to the memorandum in writing within fourteen (14) calendar days and have such a response placed in the employee’s personnel folder. A dated copy of the written reprimand shall be released to the employee.

I. S
USPENSION WITHOUT PAY. When the employee’s undesirable conduct has been continuous, repeated, or is deemed by management to be of such severity that lesser penalties are inadequate or have proved ineffective, the Department Head may impose a suspension without pay. Such suspension shall occur only after the notice procedures specified in subsections M through P have been complied with and shall be subject to appeal in accordance with subsections Q through U of this section.

J. R
EDUCTION IN SALARY. In lieu of, or in addition to other forms of discipline, when facts justify, the Department Head may impose a reduction in salary upon the employee to a lower step on the present salary range or to a lower salary range, as may be appropriate.

The reduction may be for a limited period or an extended period, as specified by the Department Head. Any reduction in salary shall be subject to the notice procedures specified below in subsections M through P and shall be subject to appeal in accordance with subsections Q through U of this section.
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K. DEMOTION. In lieu of, or in addition to other forms of discipline, when facts justify, the Department Head shall have the right to demote an employee for unsatisfactory performance. An employee is demoted by moving to a lower class with an appropriate reduction in pay or a reduction in pay step. A new anniversary date shall be established.

Any demotion shall be subject to the notice procedures specified below in subsections M through P and shall be subject to appeal in accordance with subsections Q through U of this section.

L. DISMISSAL. When the employee’s conduct has been of a continuous nature, uncorrected by previous discipline or is of such a nature as to make further employment not in the CITY’S interests, or for other good cause, the Department Head shall have the right to dismiss the employee. Dismissal shall be final termination of the employee’s employment.

Any action of dismissal shall be taken only in compliance with the notice procedures specified below in subsections M through P and shall be subject to appeal in accordance with subsections Q through U of this section.

M. P
RE -DISCIPLINARY PROCEDURES. An employee being considered for any discipline involving loss of time or wages shall be ensured due process through the application of subsections N through P of the pre-disciplinary steps described in this section.

N. W RITTEN NOTICE. Written notice of any proposed disciplinary action shall be given to the employee in private. This notice shall include the proposed action, the intended effective date and the specific reasons for such action. A written copy of the allegations of misconduct and the grounds for such allegations shall also be included, along with a copy of all supporting documentation upon which the department expects to rely. The employee is entitled to copies of all materials on which the allegations are based, if there are any. The employee’ s right to respond orally or in writing, the right to respond in person or through a designated representative, the time in which the response should be made and to whom and where it should be made shall be specified in the notice of intended discipline.

O. EM
PLOYEE RESPONSE. An employee is entitled to a reasonable time, not to exceed fourteen (14) calendar days, to answer a notice of proposed discipline. The Department Head may grant an extension of the response period if the employee can demonstrate a reasonable need. Should an employee respond, the Department Head shall consider the response in reaching a decision or disciplinary action. The employee is entitled to respond in writing or orally, personally or through a designated representative, or any combination thereof. If the employee requests a meeting to present a response, the meeting shall not be conducted as an adversarial hearing. The employee may neither cross -examine the department’s witnesses nor present a formal case to support the response. The employee shall be given the opportunity to make any representations the employee believes might affect the disciplinary decision. Extensions shall be permitted only with the consent of the Department Head. If the employee fails to respond within the ti me specified, the Department Head may proceed with a decision.
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The Department Head has the right to conduct further investigations. If new charges result from this investigation, the employee shall be given another opportunity to respond.

P. DEPARTMENT HEAD’S RESPONSE. The Department Head shall provide a written answer to an employee’s response at the earliest practical date, not to exceed fourteen (14) calendar days following the response of the employee. The Department Head shall deliver the notice of decision to the employee at or before the time when the action will be effective. The answer shall be dated and signed by the Department Head. The answer shall inform the employee which of the reasons and grounds in the notice of proposed discipline have been sustained. The answer shall include a statement of the employee ’s right to appeal, as provided herein. Additionally, the time limit for an appeal and the specific discipline to be imposed or the decision not to impose discipline shall be detailed in the answer. The effective date of discipline shall be included in the answer.

If the Department Head’s decision results in a finding that the discipline is appropriate, the disciplinary action shall be immediately implemented, with restitution/reinstatement, if any, being made following conclusion of the City Manager level appeal.

Q. APPEAL OF DISCIPLINARY ACTIONS. Any employee may appeal the imposition of discipline within fourteen (14) calendar days after the receipt by the employee of the Department Head’s answer. Appeals from discipline shall be in writing, signed by the appellant or the appellant’s representative, and delivered to the City Manager.

R. AP
PEAL HEARING. Upon receipt of a timely letter of appeal, the City Manager shall set a time for a hearing. The hearing shall be held within thirty (30) calendar days after receipt of the appeal letter. The City Manager shall give not less than seven calendar days’ written notice to the appellant, and any such person requesting same, of the time and place of such hearing. Said hearing shall be scheduled during normal City Hall business hours. The hearing may be open to the public or closed at the appellant’s option. The appellant may appear personally and represent himself/herself or be represented by another of the appellant’s choosing.

1. During the examination of witnesses, all other witnesses, except the parties, shall be excluded from the hearing unless the City Manager, in his or her discretion and for good cause, otherwise directs.

2. No photography, still, or motion video shall be taken in the hearing room during the hearing. Audio recording will be permitted.

3. The City Manager, prior to or during a hearing, may grant a continuance for any reason deemed to be important to the manager in reaching a fair and proper decision.

4. The City Manager shall give all parties to the action a reasonable opportunity to be heard on relevant issues. The department ’s representative shall first present an 130

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opening statement and oral and/or documentary evidence in support of the department’s position. The appellant may present oral or documentary evidence and may cross-examine any witness called by the department. The appellant may make an opening statement on the appellant’s behalf. The department’s representative may cross-examine any witness called by the appellant. Both the department and the appellant may present rebuttal evidence. The department may then make a closing statement, followed by the appellant.

5. The City Manager shall not be bound by technical rules of evidence.

6. The City Manager may, at the Manager’s discretion, appoint a hearing officer to conduct the hearing on the Manager’s behalf and to report findings and recommendations to the Manager for final decision. In this case, a copy of the hearing officer’s report shall be provided to the appellant.

S. FINDINGS AND DECISIONS. The City Manager shall, within fourteen (14) calendar days after the conclusion of the hearing or of receipt of a hearing officer ’s report, cause findings and a decision to be prepared in writing. The City Manager shall determine whether the action of the Department Head is supported by the evidence. Should the City Manager find that none of the charges are supported by the evidence presented, the decision shall be that no disciplinary action be taken. A decision not to impose discipline shall be accompanied by a directive from the City Manager to delete all references to the appealed action from the appellant ’s personnel file. Should the City Manager find that any or all of the charges are supported, the Manager shall affirm, overrule or modify in whole or in part the Department Head’s disciplinary action. The City Manager shall cause a copy of the findings and decision to be delivered to the appellant and the appellant’ s designated representative. A copy will be forwarded to Human Resources for inclusion in the appellant’s personnel file.

T. AP
PELLANT’S STATUS DURING APPEAL. If the pre -disciplinary meeting with the Department Head results in a decision that discipline is appropriate, the disciplinary action shall be immediately implemented, with restitution/reinstatement, if any, being made following the conclusion of the City Manager level appeal.

U. T
IME LIMITS. All time limitations of this section may be extended or shortened by mutual agreement of the parties.

ARTICLE 4.05 POLITICAL ACTIVITIES
A. While employees are encouraged to vote before or after their normal work hours, any employee entitled to vote in a public election shall be afforded the necessary time off to do so in accordance with applicable law.
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B. Employees shall strictly observe all rules of the CITY relating to political activity while on duty.

ARTICLE 4.06 PROHIBITION OF STRIKES
A. The ASSOCIATION, its officers, and members, shall neither cause nor counsel its members or any non -represented employees to strike for any reason, nor shall it in any manner cause them to directly or indirectly to commit any concerted acts of work stoppage, slow down, or refusal to perform any customarily assigned duties for the employer, namely, the CITY, for any reason. The occurrence of any such acts or actions prohibited in this section by the ASSOCIATION shall be deemed a violation of this MOU.

B. In applying the provisions of this section, all of its terms used here shall be given the meaning commonly understood.

C. The ASSOCIATION shall not be liable where the acts or actions previously enumerated are not caused or authorized directly or indirectly by the ASSOCIATION.

ARTICLE 4.07 SUBSTANCE ABUSE POLICY
It is the responsibility of all affected employees to cooperate to protect the lives, personal safety, and property of co -workers and fellow citizens. All employees shall take all reasonable steps to accomplish these goals and to minimize potential dangers. Towards this goal, employees will follow the CITY ’s Drug-Free Workplace Policy which has been established and maintained separately from this MOU.

ARTICLE 4.08 LAYOFF AND RETURN POLICY
PURPOSE: To provide a policy to be followed in the event of a reduction in the workforce and subsequent recall for employment of affected employees represented by the ASSOCIATION.

A. L AYOFF
The CITY reserves the right to lay off employees for lack of work, budgetary reasons, technological changes, or other CITY actions that necessitate a reduction in the workforce. In the event of a layoff, it is the intent of the CITY to retain the most qualified employees.

1. The Department Head, in consultation with Human Resources, as approved by the City Manager, will implement the layoffs.
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2. In the event of a layoff, temporary, seasonal, part -time, or probationary employees within the affected class shall be laid off first. Contracts for services for duties performed by the affected classification shall be eliminated prior to layoff, except for contracts requiring specialized knowledge, skills, and abilities for the project(s).

Subsequent layoffs within the CITY will be accomplished in the following order:
a. Seniority within the affected classification.
b. Seniority with the CITY.
c. Performance, based on the most recent performance evaluation in the employee’s personnel file.

3. A laid-off employee shall be entitled to “bump” to a position in a classification in the ASSOCIATION which she/he formerly held a full-time, non-probationary appointment and in which there is an employee with less CITY seniority and if physically and mentally able to perform the duties of the former class. The displaced employee shall be considered as laid off for the same reason as the person who displaced him/her and shall, in the same manner, be eligible to “bump” to a position and class in which she/he formerly held a full-time, non-probationary appointment. In the event of a tie, performance evaluations shall be utilized in effecting the lay-off.

4. When practical, notice of layoff shall be given with as much advance notice as possible but no less than fourteen (14) calendar days before the implementation date. When said notice cannot be given, the employee shall be provided with compensation equal to the number of hours the employee would have typically worked during the fourteen (14) calendar days following said notice.

5. Laid-off employees shall receive compensation, less required taxes, only for applicable accumulated Annual Leave, holiday compensation, comp -time, and unused Administrative Leave he/she has due. Annual Leave shall be compensated based upon the total number of accrued Annual Leave hours multiplied by the employee ’s base hourly rate of pay. Employees shall be compensated with a payment of unused Sick Leave balance pursuant to Section 1.12(F) of this MOU.

6. An employee shall not continue to accumulate seniority, Annual Leave, or any other service-related benefits during the period of time he or she is laid off.

B. RECALL LIST
The names of full-time, permanent employees who have been laid off shall be placed on a recall list for the position held at the time of lay -off for a period not to exceed twenty - four (24) months.

Individual names may be removed from the recall list for any of the following reasons:
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1. The expiration of twenty-four (24) months from the date of placement on the list.

2. Re-employment with the CITY in a regular full-time position.

3. Failure to respond within fourteen (14) calendar days of mailing a certified letter regarding availability for employment. The certified letter shall be mailed to the employee’s last known address.

4. Failure to report to work within fourteen (14) calendar days of mailing a certified letter containing a notice or recall to a position.

5. Written request to be removed from the list.

C. RECALL
In the event of a recall from a layoff, employees shall be recalled in reverse order of lay- off, providing that the recalled employee meets the minimum qualifications for the position to be filled.

1. The classification for which the employee may be recalled to fill may be at a lower classification than the one which the employe e held prior to being laid off. Financial compensation for recalled employees would be within the CITY’s salary range for the classification being filled through the recall process. Returning employees shall be entitled to seniority accrued prior to layoff. All recalled employees shall serve a probationary period in accordance with Section 1.09 of the MOU between the CITY and ASSOCIATION.

2. All returning employees must successfully pass a physical examination appropriate for the respective job classification so as to ensure the returning employee is medically capable of performing the required duties.

3. When vacancies occur, the CITY shall utilize the recall list prior to conducting an outside recruitment for positions represented by the ASSOCIATION.

4. Full-time, permanent employees who have been laid off and later recalled within twenty-four (24) months of placement on a recall list shall, on recall, have the same retiree health insurance vesting rights for purposes of computing CITY-funded retiree health insurance benefits, as was held by the employee at the time of layoff.

ARTICLE 4.09 OTHER ITEMS
City policies, procedures, rules, and regulations which are not specifically addressed in the MOU shall continue to be handled in accordance with the existing Personnel Rules and Regulations 134

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Resolution No. 91-64, Employee Relations Resolution No. 93 -214, and the Employee Handbook as revised in November 1997 (until such time as they are revised).

During the term of this MOU, upon written request by the CITY, the ASSOCIATION agrees to meet and consult on proposed revisions or changes to the existing Employee Handbook. It is expressly understood by both parties that this provision does not obligate the unit to do anything more than participate in a good-faith discussion on the issue and that during the term of this MOU, no changes or revisions shall be implemented or imposed without mutual agreement. Absent such mutual agreement, the status quo in the existing Employee Handbook, as revised in November 1997, shall remain in full force and effect.

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APPENDIX A
List of MSA-Represented Classifications

Associate Civil Engineer
Associate Planner
Building Inspections Supervisor
CAD/RMS Administrator
Circulation Supervisor
Civil Engineering Associate
Code Enforcement Supervisor
Community Services Manager
Engineering Manager
Geographic Information Systems Analyst
Information Technology Program Administrator
Information Technology Systems Administrator
Information Technology Analyst
Maintenance Manager
Maintenance Supervisor
Parks Maintenance Superintendent
Plan Review Supervisor
Police Records Supervisor
Public Safety Dispatch Supervisor
Public Works Inspection Supervisor
Principal Librarian
Recreation Supervisor
Senior Civil Engineer
Senior Planner
Supervising Librarian
Traffic Engineer

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CITY OF MURRIETA
City Council Meeting Agenda
Report
10/3/2023
Agenda Item No. 5.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Bernard Molloy, Fire Chief and Anthony Conrad, Police Chief PREPARED BY: Diana Lozano, Senior Management Analyst - Fire and Dawnn Jackson, Management Analyst - Police
SUBJECT: SC Commercial LLC Fuel Delivery Agreement for Murrieta Fire & Rescue and Murrieta Police Department

RECOMMENDATION
Approve an agreement with SC Commercial, LLC for fuel delivery to Murrieta Fire & Rescue Fire Station and Murrieta Police Department fuel tanks;
Approve the agreement amount not to exceed $2,650,000; and Authorize the Mayor to execute the agreement.

PRIOR ACTION/VOTE
On December 6, 2016, the City Council Adopted Resolution No.16-3665, approving an Agreement with The SoCo Group, Inc. for bulk fuel delivery services (Vote 5-0).

CITY COUNCIL GOAL
Provide a high level of innovative public safety.

BACKGROUND
Beginning in 1996 for Murrieta Fire & Rescue (MFR) and in 2012 for Murrieta Police Department (PD) city- owned emergency vehicles are fueled at tanks located at four of the Fire stations and the Police station. This ensures our emergency vehicles are fueled and ready for emergencies at secured fuel-filling stations. These tanks are monitored by both the police and fire department staff and are provided regular maintenance from a third-party vendor (Jauregui & Culver) to ensure they meet all State requirements related to safety.

To continue this practice MFR and Murrieta PD are requesting to establish an agreement with SC Commercial, LLC (SC) to deliver fuel to the MFR’sfire station and Murrieta PD fuel tanks. Riverside County awarded SC a contract for these services through a competitive bidding process, with pricing valid until March 31, 2027 (Exhibit A of Attachment 1).

In accordance with Municipal Code section 3.08.295, Cooperative Purchasing, the City Council has the CITY OF MURRIETA Printed on 1/22/2024Page 1 of 2
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10/3/2023
Agenda Item No. 5.

In accordance with Municipal Code section 3.08.295, Cooperative Purchasing, the City Council has the authority to join with other public and quasi-public agencies in cooperative purchasing plans or programs for the purchase of supplies and services.

Staff seeks to use this contract to satisfy the bidding requirements and execute an agreement with SC. The terms of the proposed agreement are consistent with the terms in the Riverside County agreement.

The term of the agreement will be until March 31, 2027.

FISCAL IMPACT
The Agreement will not exceed $2,650,000, which includes the estimated amount necessary for Police ($1,850,000) and Fire ($800,000) over the term of the agreement through March 31, 2027. The Murrieta PD has $400,000 budgeted for fuel in Fiscal Year 2023/24 and $425,000 budgeted in Fiscal Year 2024/25, in account number 1103120-62220. MFR has $144,000 budgeted for fuel in Fiscal Year 2023/24 and $151,200 budgeted in Fiscal Year 2024/25 in account number 1513520-62220. The budget for subsequent fiscal years will be included in the normal biennial budget process.

ATTACHMENTS

1. SC Commercial, LLC Fuel Delivery Agreement
CITY OF MURRIETA Printed on 1/22/2024Page 2 of 2
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Contractor Agreement
01375.0010/907560.1 Murrieta Form 04/10

AGREEMENT BETWEEN THE CITY OF MURRIETA
AND
SC Commercial, LLC

This Agreement (“Agreement”), made this 3rd day of October, 2023, by and between the CITY OF MURRIETA, a Municipal Corporation, duly organized and existing under and by virtue of the laws of the State of California ("CITY"), and SC Commercial, LLC , a California Limited Liability Company ("CONTRACTOR") with reference to the following facts which are acknowledged by each party as true and correct:

RECITALS

A. CITY is a general law city, formed and existing pursuant to the provisions of the California Government Code.

B. CITY is authorized to enter into Contractor agreements under the provisions of California Government Code section 53060.

C. CITY desires or is in need of fuel delivery services to various City locations.

D. CONTRACTOR has special knowledge, experience and facilities for accomplishing the above services.

E. On April 1, 2022, CONTRACTOR entered into an agreement with the County of Riverside for such services with pricing for local agencies included.

F. CITY now desires to retain CONTRACTOR to accomplish the above services, and CONTRACTOR is willing to be so retained pursuant to the terms and conditions of this Agreement.

AGREEMENT

NOW, THEREFORE, it is agreed by and between the parties as follows:

OPERATIVE PROVISIONS

1. RESPONSIBILITIES OF CONTRACTOR

1.1 CONTRACTOR shall undertake to carry on the scope of services as listed in the attached Professional Services Agreement for Purchase and Delivery of Unleaded 87 Octane Fuel, and Clear Carbon Ultra -Low Sulfur Diesel Fuel between the County of Riverside and SC Commercial LLC, and dated April 1, 2002 (refer to Exhibit “A”), which is attached to and made a part of this Agreement. To the extent the provisions of Exhibit “A” are ambiguous in relation to the provisions of this Agreement, inconsistent with the provisions of this Agreement, or expand upon the provisions of this Agreement, the provisions of this Agreement shall take precedence and the provisions of Exhibit “A” shall not apply. Delivery shall be to locations listed on Exhibit B.

These duties may be adjusted from time to time as agreed upon in writing by CONTRACTOR and CITY. Any additional services authorized by CITY shall be subject to all terms and conditions of this Agreement, except as modified in writing in accordance with Section 24.

1.2 Representations. CONTRACTOR will perform the services set out in this 140

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Agreement, as contemplated herein, in an efficient, timely, and professional manner, and in accordance with generally accepted standards for performing similar services. It is understood that CITY, in entering into this Agreement, is relying on CONTRACTOR’s representations for quality and professional work performed in a timely manner, and CONTRACTOR shall perform in accordance with those representations and standards.

1.3 Monthly Written Reports . CONTRACTOR shall prepare and submit to the designated CITY representative a monthly written report specifying the activities of CONTRACTOR pursuant to this Agreement . CONTRACTOR shall prepare the monthly written report in a format acceptable to the CITY. CONTRACTOR shall submit the monthly written report to the CITY by the second Friday of each month.

2. ADMINISTRATION OF AGREEMENT

2.1 CITY appoints its City Manager, or his designee, to administer CITY’s rights under this Agreement, and to review the work performed by CONTRACTOR pursuant to the scope of services.

2.2 CONTRACTOR shall keep the City Manager, CITY’s representative, or his designee or designees, fully informed as to the progress of the work and shall submit to CITY such oral and written reports as CITY may specify.

2.3 This Agreement shall be administered on behalf of the parties hereto, and a ny notice desired or required to be sent to a party hereunder shall be addressed, as follows:

For CITY: Kim Summers
Address: City of Murrieta
One Town Square
Murrieta, CA 92562
Phone: (951) 461-6010
Facsimile: (951) 461-6430

For CONTRACTOR: Robert W. Bollar
Corporate Secretary & Vice President
CONTRACTOR: SC Commercial, LLC
Address: 1800 W. Katella Ave., Ste 400
Orange, CA 92867
Phone: (714) 744-7140
Facsimile: N/A

3. TERM

3.1 The term of th is Agreement shall be from October 3, 2023, through March 31, 2027.

3.2 Time is of the essence for this Agreement and each provision of this Agreement, unless otherwise specified in this Agreement.

4. PAYMENT TO CONTRACTOR

4.1 Consideration. In consideration of the services to be performed by 141

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CONTRACTOR for the CITY as set forth in Section 1, the CITY agrees to pay CONTRACTOR the rates as set forth in Exhibit “A”, lines P5.18 – P5.20 on pages 28 and 29. Total compensation under this Agreement shall not exceed the sum of Two Million Six Hundred and Fifty Thousand Dollars ($2,650,000.00), which includes One Million Eight Hundred and Fifty Thousand Dollars ($1,850,000) for fuel delivery to the Police Department and Eight Hundred Thousand Dollars ($800,000) for fuel delivery to the various Fire Stations.

4.2 Additional Services . If CITY desire s any additional services (“Additional Services”), CONTRACTOR may, upon written request by the CITY, furnish a proposal including an itemized statement of the estimated cost of the Additional Services thereof, and the CITY may modify or alter the proposal, or may reject the proposal in its entirety, at its sole discretion, or may direct the submission of a new proposal which may be accepted, altered or rejected. Upon the written approval of any Additional Services including costs by CONTRACTOR and CITY , CONTRACTOR shall perform the Additional Services and CITY will pay to CONTRACTOR the cost of the Additional Services as agreed in writing. All money due for Additional Services shall be supported by a detailed statement of CONTRACTOR showing the basis of said claims and certified by proper officers of CONTRACTOR.

4.3 Payments. Payment of CONTRACTOR’s fee shall be made in accordance with CITY’s normal schedule for issuance of checks. CONTRACTOR agrees and acknowledges that it is CONTRACTOR’s sole responsibility to report as income all compensation received from CITY, and to make the requisite tax filings and payments to the appropriate federal, state, and local tax authorities.

5. STATUS OF CONTRACTOR

5.1 Independent Contractor. It is understood and agreed that CITY is interested only in the results obtained from service hereunder and that CONTRACTOR shall perform as an independent contractor with sole control of the manner and means of performing the services required under this Agreement. CONTRACTOR shall complete this Agreement according to its own methods of work which shall be in the exclusive charge and control of CONTRACTOR and which shall not be subject to control or supervision by the CITY, ex cept as to the results of the work. CONTRACTOR is, for all purposes arising out of this Agreement, an independent contractor, and neither CONTRACTOR, nor its employees, agents and representatives shall be deemed an employee of the CITY for any purpose.

5.2 Employee Benefits . CONTRACTOR shall be responsible for all salaries, payments, insurance and benefits for all of its officers, agents, representatives and employees in performing services pursuant to this Agreement. It is expressly understood and agreed that CONTRACTOR and its employees, agents, and representatives shall in no event be entitled to any CITY benefits to which CITY employees are entitled, including, but not limited to, overtime, retirement benefits, insurance, vacation, worker's compensation, sick or injur y leave or othe r benefits.

5.3 Workers' Compensation Insurance . CONTRACTOR agrees to procure and maintain in full force and effect Workers' Compensation Insurance covering its employees and agents while these persons are participat ing in the activities hereunder, as provided in Section

6.1.2 of this Agreement.

5.4 Intentionally Omitted

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6. INSURANCE

CONTRACTOR shall not begin the services under this Agreement until it has: (a) obtained, and upon the CITY's request , provided to the CITY, insurance certificates reflecting evidence of all insurance required in this Section 6; however, CITY reserves the right to request, and CONTRACTOR shall submit, copies of any policy upon reasonable request by CITY; (b) obtained CITY approval of each company or companies as required by Section 6; and (c) confirmed that all policies contain the specific provisions required in Section 6.

6.1 Types of Insurance . At all times during the term of this Agreement, CONTRACTOR shall maintain insurance coverage as follows:

6.1.1 Commercial General Liability . Commercial General Liability (CGL) Insurance written on an occurrence basis to protect CONTRACTOR and CITY against liability or claims of liability which may arise out of this Agreement in the amount of One Million Dollars ($1,000,000) per occurrence and subject to an annual aggregate of One Million Dollars ($1,000,000). There shall be no endorsement or modification of the CGL limiting the scope of coverage for either insured vs. insured claims or contractual liability.

6.1.2 Automobile Liability . Insurance Services Office Form Number CA 0001 covering, Code 1 (any auto), or if Contractor has no owned autos, Code 8 (hired) and 9 (non-owned), with limit no less than $1,000,000 per accident for bodily injury and property damage.

6.1.3 Workers' Compensation. For all of CONTRACTOR’s employees who are subject to this Agreement and to the extent required by applicable state or federal law, CONTRACTOR shall keep in full force and effect a Workers' Compensation policy. That policy shall provide employers' liability coverage as required by applicable state and/or federal Workers’ Compensation laws, and CONTRACTOR shall provide an endorsement that the insurer waives the right of subrogation against the CITY and its respective elected officials, officers, employees, agents and representatives. In the event a claim under the provisions of the California Workers' Compensation Act is filed against CITY by a bona fide employee of CONTRACTOR participating under this Agreement, CONTRACTOR agrees to defend and indemnify the CITY from such claim.

CONTRACTORCONTRACTORCONTRACTORCONTRACTOR

6.2 Insurer Requirements . All insurance required by express provision of this Agreement shall be carried only by responsib le insurance companies that are rated “A-” and “V” or better by the A.M. Best Key Rating Guide, and are licensed to do business in the State of California. CITY will accept insurance provided by non-admitted “surplus lines” carriers only if the carrier is authorized to do business in the State of California.

6.3 Deductibles. All deductibles on any policy shall be the responsibility of CONTRACTOR and shall be disclosed to CITY at the time the evidence of insurance is provided.

6.4 Specific Provisions Required . Each policy required under this Section 6 shall expressly provide, and an endorsement shall be submitted to CITY, that : (a) the policies are primary and non -contributory to any insurance that may be carried by CITY; and ( b) CITY is entitled to thirty (30) days’ prior written notice (10 days for cancellation due to non -payment of premium) of cancellation, material reduction, or non-renewal of the policy or policies. Additionally, 143

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the CGL and Workers’ Compensation policies shall expressly provide, and an endorsement shall be submitted to CITY, that the City of Murrieta and its respective officers and employees are additional insureds under the policy.

6.5 Indemnity Not Limited by Insurance. CONTRACTOR’s liabilities, including, but not limited to, CONTRACTOR’s indemnity and defense obligations under this Agreement, shall not be deemed limited in any way to the insurance coverage required herein. Maintenance of specified insurance coverage is a material element of this Agreement , and CONTRACTOR’s failure to maintain or renew coverage or to provide evidence of renewal during the term of this Agreement may be treated as a material breach of contract by CITY.

7. AUDIT AND INSPECTION OF RECORDS

At any time during CONTRACTOR’s normal business hours and as often as CITY may deem necessary, and upon reasonable notice, CONTRACTOR shall make available to CITY, or any of its duly authorized representatives, for examination, audit, excerpt, copying or transcribing, all data, records, investigation reports and all other materials respecting matters covered by this Agreement. CONTRACTOR will permit CITY to audit and to make audits of all invoices, materials, payrolls, records of personnel and other data r elated to all matters covered by this Agreement.

All material referenced in this Section, including all pertinent cost accounting, financial records, and proprietary data, must be kept and maintained by CONTRACTOR for a period of at least four (4) years, or for the period required by law, whichever is greater, after completion of CONTRACTOR’s performance hereunder, unless CITY’s written permission is given to dispose of same prior to that time.

8. CONFIDENTIALITY AND USE OF INFORMATION

8.1 Except as otherwise provided by law, all reports, communications, documents and information obtained or prepared by CONTRACTOR respecting matters covered by this Agreement shall not be published without prior written consent of City Manager or his designees, nor shall CONTRACTOR issue any news releases or publish information relating to its services hereunder without the prior written consent of the City Manager. CONTRACTOR shall hold in trust for the CITY, and shall not disclose to any person, any confidential information. Confidential information is information which is related to the CITY's research, development, trade secrets and business affairs, but does not include information which is generally known or easily ascertainable by nonparties through available public documentation.

8.2 CONTRACTOR shall advise CITY of any and all materials used, or recommended for use, by CONTRACTOR to achieve the project goals that are subject to any copyright restrictions or requirements. In the event CONTRACTOR shall fail to so advise CITY and, as a result of the use of any programs or materials developed by CONTRACTOR under this Agreement, CITY should be found in violation of any copyright restrictions or requirements, CONTRACTOR agrees to indemnify and hold harmless CITY against any action or claim brought by the copyright holder.

8.3 Ownership of Records. All records created by the CONTRACTOR shall become the property of the CITY and shall be subject to state law and CITY policies governing privacy and access to files. The CITY shall have access to and the right to examine all books, documents, papers and records of the CONTRACTOR involving transactions and work related to this Agreement. The CONTRACTOR shall retain all copies of records for a period of five (5) years from the date of final payment.
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9. NOTICE

All notices or demands to be given under this Agreement by either party to the other shall be in writing and given either by : (a) personal service, (b) by U.S. Mail, mailed either by certified mail, return receipt requested, with postage prepaid and addressed to the party to whom the notice is directed, or (c) via facsimile transmission (with proof of confirmation by sender). Service shall be considered given when received if personally served or, if mailed, two days after deposit in the United States Mail by certified mail, return receipt requested. The address to which notices or demands may be given by either party may be changed by written notice given in accordance with the notice provisions of this section. At the date of this Agreement, the addresses of the parties are as set forth in Section 2 above.

10. TERMINATION FOR CAUSE

10.1 CITY may terminate this Agreement upon giving of written notice of intention to terminate for cause. Cause shall include: (a) a material violation of any of the covenants, agreements, or stipulations of this Agreement by CONTRACTOR, (b) CONTRACTOR, through any cause, failing to fulfill in a timely and proper manner its obligations under this Agreement, (c) any act by CONTRACTOR exposing CITY to liability to others for personal injury or property damage, or (d) if CONTRACTOR is adjudged bankrupt, CONTRACTOR makes a general assignment for the benefit of creditors, or a receiver is appointed on account of CONTRACTOR’s insolvency. Written notice by CITY of termination for cause shall contain the reasons for such intention to terminate and shall specify the effective date thereof. Unless prior to the effective date of the termination for cause the condition or violat ion shall cease, or satisfactory arrangements for the correction thereof be made, this Agreement shall cease and terminate on the effective date specified in the written notice by CITY.

10.2 In the event of such termination, CONTRACTOR shall be paid the reasonable value of satisfactory services rendered up to the date of receipt of the notice of termination in accordance with this Agreement, less any payments theretofore made, as determined by CITY, not to exceed the amount payable here in, and CONTRACTOR expressly waives any and all claims for damages or compensation arising under this Agreement in the event of such termination, except as set forth herein.

11. TERMINATION FOR CONVENIENCE OF CITY

11.1 CITY may terminate this Agreement at any time and for any reason by giving written notice to CONTRACTOR of such termination, and specifying the effective date thereof, at least fifteen (15) days prior to the effective date.

11.2 If the Agreement is terminated as provided in this Section, CONTRACTOR shall be entitled to receive compensation for any satisfactory work completed up to the receipt by CONTRACTOR of notice of termination, less any payments theretofore made and not to exceed the amount payable herein, and for satisfactory work completed between the receipt of notice of termination and the effective date of termination pursuant to a specific request by CITY for the performance of such work.

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12. PERFORMANCE AFTER TERMINATION

Upon termination of this Agreement as provided herein, CONTRACTOR shall, within such reasonable time period as may be directed by City Manager, complete those items of work which are in various stages of completion and which City Manager determines are necessary to be completed by CONTRACTOR to allow the project to be completed in a timely, logical, and orderly manner. Upon termination, all finished or unfinished documents, data, studies, surveys, drawings, models, photographs, reports, and other materials prepared by CONTRACTOR shall be delivered to the City Manager, upon his request, as property of CITY.

13. DEFENSE AND INDEMNIFICATION

13.1 CONTRACTOR shall, to the fullest extent permitted by law, hold harmless, protect, defend (with attorneys approved by CITY) and indemnify the CITY, its council, and each member thereof, its officers, agents, employees, representatives, and their successors and assigns, from and against any and all losses, liabilities, claims, suit damage, expenses and costs including reasonable attorney's fees and costs, and expert costs and investigation expenses (“Claims”), which arise out of or are in any way connect ed to the performance under this Agreement or any negligent or wrongful act or omission by CONTRACTOR, its officers, employees, representatives, subcontractors, or agents regardless of whether or not such cla im, loss or liability is caused in part by a party indemnified hereunder. CONTRACTOR shall have no obligation, however, to defend or indemnify CITY if it is determined by a court of co mpetent jurisdiction that such C laim was caused by the sole negligence or willful misconduct of CITY.

13.2 General Indemnity Provisions. This indemnity is in addition to any other rights or remedies which CITY may have under the law or this Agreement. In the event of any claim or demand made against any party which is entitled to be indemnified hereunder, CITY may, at its sole discretion, reserve, retain or apply any monies due to CONTRACTOR under this Agreement for the purpose of resolving such claims; provided however, that CITY may release such funds if CONTRACTOR provides CITY with reasonable assuranc es of protection of the CITY's interest.

The CITY shall, in its sole discretion determine whether such assurances are reasonable.

CONTRACTOR agrees that its duty to defend the indemnities arises upon an allegation of liability based upon the performance of services under this Agreement by CONTRACTOR, its officers, agents, representatives, employees, sub -Contractors, or anyone for whom CONTRACTOR is liable and that an adjudication of CONTRACTOR's liability is not a condition precedent to CONTRACTOR's duty to defend.

14. CONFLICT OF INTEREST

14.1 CONTRACTOR shall be bound by the requirements of the FPPC (Fair Political Practice Commission) and state law with regard to disclosure of financial interests and prohibited conflicts of interest.

14.2 Prior to execution of this Agreement, CONTRACTOR shall disclose in writing to CITY any and all compensation, actual or potential, which CONTRACTOR may receive in any form from a party other than CITY as a result of performance of this Agreement by CONTRACTOR. If CONTRACTOR becomes aware of the potential for such compensation subsequent to the execution of this Agreement, CONTRACTOR shall disclose such compensation within three (3) working days of becoming aware of the potential for such compensation.
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14.3 Prior to or concurrent with making any recommendation of any products or service for purchase by the CITY, CONTRACTOR shall disclose any financial interest that CONTRACTOR may have in any manufacturer or provider of the recommended products or services. The term “financial interest” includes, but is not limited to, employment (current or prospective) or ownership interest of any kind and degree.

14.4 CONTRACTOR shall not conduct business for third parties which may be in conflict with CONTRACTOR’s responsibilities under this Agreement. CONTRACTOR may not solicit any business during the term of this Agreement which conflicts with its responsibilities under this Agreement. CONTRACTOR shall provide no services for any private client within the corporate boundaries or sphere of influence of CITY during the period of this Agreement which may constitute a conflict of interest.

15. ASSIGNMENT

No portion of this Agreement or any of the work to be performed hereunder may be assigned or delegated (including hiring and retaining use of any other person or entity for any purpose, except for those certain sub contractors specifically included in the attached “ Scope of Services”) by CONTRACTOR without the express written consent of CITY, nor may any interest in this Agreement be transferred (whether by assignment or novation) by CONTRACTOR without the express written consent of CITY, and without such c onsent all services hereunder are to be performed by CONTRACTOR, its officers, agents and employees. However, claims for money due or to become due to CONTRACTOR from CITY under this Agreement may be assigned to a bank, trust company, or other financial institution without such approval. Notice of such assignment or transfer shall be furnished promptly to CITY. Any assignment requiring approval may not be further assigned without CITY approval.

16. SURVIVAL

CONTRACTOR’s representations, insurance and indemnity obligations, and performance obligations post-termination shall survive termination of this Agreement.

17. COMPLIANCE WITH APPLICABLE LAWS

CONTRACTOR agrees to comply with all federal, state and local laws, rules, regulations and ordinances that are now or may in the future become applicable to CONTRACTOR, CONTRACTOR’s business, equipment and personnel engaged in activities covered by this Agreement or arising out of the performance of such activities.

18. PERMITS/LICENSES

CONTRACTOR and all of CONTRACTOR’s employees or agents shall secure and maintain in force such permits and licenses as are required by law in connection with the furnishing of services pursuant to this Agreement.

19. NONDISCRIMINATION IN EMPLOYMENT

CONTRACTOR agrees that it will not engage in unlawful discrimination in employment and shall comply with all applicable laws and regulations of CITY and/or all other relevant government agencies, including, but not limited to, the California Department of Fair Employment 147

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and Housing and the Federal Equal Employment Opportunity Commission. Also, CONTRACTOR certifies and agrees that all persons employed by CONTRACTOR, its affiliates, subsidiaries and related entities, if any, will be treated equally by CONTRACTOR, without unlawful discrimination based upon creed, sex, race, national origin, or any other classification prohibited by state or federal law. If CITY finds that any of the provisions of this Section have been violated, such violation shall constitute a material breach of this Agreement, upon which CITY may determine to cancel, terminate, or suspend this Agreement. While CITY reserves the right to determine independently that the anti -discrimination provisions of the Agreement have been violated, in addition, a determination by the Calif ornia Fair Employment Practices Commission or California Department of Fair Employment and Housing, or successor agency, or the Federal Equal Employment Opportunity Commission, or successor agency, that CONTRACTOR has violated state or federal anti -discrimination laws relative to this Agreement shall constitute a finding by CITY that CONTRACTOR has violated the anti-discrimination provisions of this Agreement.

20. NON-WAIVER

The failure of CITY or CONTRACTOR to seek redress for violation of, or to insist upon, the strict performance of any term or condition of this Agreement shall not be deemed a waiver by that party of such term or condition, or prevent a subsequent similar act from again constituting a violation of such term or condition. Payment to CONTRACTOR of compensation under this Agreement shall not be deemed to waive CITY’s rights or CONTRACTOR’s rights contained in this Agreement.

21. SEVERABILITY

If any term, condition or provision of this Agreement is held by a court of competent jurisdiction to be unenforceable, invalid, or void, the remaining provisions will nevertheless continue in full force and effect and shall not be affected, impaired or invalidated in any way.

22. DISPUTES

In the event that any action is brought by either party to construe this Agreement or enforce any of its terms, the prevailing party shall be entitled to recover its reasonable attorneys’ fees and costs incurred, whether or not the matter proceeds to judgment.

23. REMEDIES

The rights and remedies of the CITY provided in this Agreement are not intended to be exclusive, and are in addition to any other rights and remedies permitted by law.

24. ENTIRE AGREEMENT/AMENDMENT

This Agreement and any exhibits attached hereto constitute the entire agreement between the parties and supersede any prior or contemporaneous understanding or agreement with respect to the services contemplated and may be amended only by a written amendment executed by both parties to the Agreement.

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25. GOVERNING LAW/VENUE

The terms and conditions of this Agreement shall be governed by the laws of the State of California. Any action or proceeding brought by any party against any other party arising out of or related to this Agreement shall be brought exclusively in Riverside County.

26. BINDING AGREEMENT

This Agreement is intended to be binding on the parties and their respective successors and assigns.

27. NUMBER

The plural shall include the singular, and the singular shall include the plural and neuter wherever the context so indicates or requires.

28. WARRANTY OF AUTHORITY

Each of the parties signing this Agreement warrants to the other that it has the full authority of the entity on behalf of which its signature is made.

29. COUNTERPARTS

This Agreement may be executed in counterparts, all of which taken together will be considered one original document.

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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed the day and year first above written.

CITY OF MURRIETA _____________________________
Name of Contractor
_____________________________
Lisa DeForest, Mayor ___________________________________ Name/title of signatory [please print]

CITY OF MURRIETA _____________________________
Signature
_____________________________
Kim Summers, City Manager

Attest:
_____________________________
Name/title of signatory [if necessary]
_____________________________
Cristal McDonald, City Clerk
_____________________________
Signature

Approved as to Form:

_____________________________
Tiffany Israel, City Attorney

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EXHIBIT B

Fuel Delivery Locations

Murrieta Police Department:

2 Town Square, Murrieta, CA 92562

Fuel delivered to the Police Department: Unleaded 87 Octane Fuel, Ultra-Low Sulfur Diesel

Delivery charge is $300/delivery.

Murrieta Fire & Rescue Stations:

Fire Station 1. 41825 Juniper Street, Murrieta, CA 92562 Fire Station 2. 40060 California Oaks Road, Murrieta, CA 92562 Fire Station 3. 39985 Whitewood Road, Murrieta, CA 92563 Fire Station 4. 28155 Baxter Road, Murrieta, CA 92563

Future fire stations that may be added are Fire Station 5 and Fire Station 6. Addresses are to be provided once the Stations are built or replaced with a permanent station.

Fuel delivered to the fire stations: Clear Carbon Ultra-Low Sulfur Diesel

Delivery charge is $300/delivery.

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CITY OF MURRIETA
City Council Meeting Agenda
Report
10/3/2023
Agenda Item No. 6.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Anthony Conrad, Police Chief
PREPARED BY: Jeremy Durrant, Lieutenant - Police
SUBJECT: Purchase of Equipment Truck for Murrieta Police Department SWAT

RECOMMENDATION
Approve the purchase of a 2023 Chevrolet Truck Express 3500 utility vehicle from Paradise Chevrolet Cadillac Temecula; and
Authorize an exception to the procurement policy; and
Appropriate $123,980 in the Operating Budget to 4040030-71060 for the purchase of the utility vehicle.

PRIOR ACTION/VOTE
On January 17, 2023, the City Council approved the purchase of a 2022 Chevrolet Truck Express 3500 utility vehicle from Paradise Chevrolet Cadillac Temecula and approved an exception to the purchasing policy (Vote:
5-0).

CITY COUNCIL GOAL
Provide a high level of innovative public safety.

BACKGROUND
On January 17, 2023, the City Council approved the Murrieta Police Department's budget request for $90,000 in account 4020030-71060 to purchase a new Special Weapons and Tactics (SWAT) equipment truck. The Police Department’sSWAT team utilizes a large equipment truck to store and transport the team’sspecialty gear during critical incidents and training. Although this request was approved by the City Council, the truck order was canceled due to the lack of inventory. In August 2023, the Police Department was notified by Paradise Chevrolet Cadillac Temecula that a 2023 Chevrolet Truck Express 3500 utility vehicle was available for $124,980. The dealership applied the previous deposit of $1,000, which reduced the balance to $123,980.

This price includes $27,590 worth of aftermarket upfitting that wasn’tincluded in the original proposal to make the vehicle compatible with public safety needs.

The Murrieta Police Department’sSWAT team requires a particular type of equipment truck that is currently in very high demand. Paradise Chevrolet Cadillac Temecula is the only local vendor with this type of vehicle available (Attachment 1). Other vendors acknowledge that they are several years away from having these CITY OF MURRIETA Printed on 1/22/2024Page 1 of 2
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Agenda Item No. 6.
available (Attachment 1). Other vendors acknowledge that they are several years away from having these vehicles in stock. Similar vehicles are available in other parts of the country, but the cost to get them to Murrieta would be substantial.

If the Police Department is not approved to purchase this vehicle, they will not have a reliable equipment truck which could cause delays in delivering essential, life-saving equipment to the SWAT team during critical incidents. This would, in turn, decrease the level of service provided to the residents of Murrieta in the event of a SWAT incident. Additionally, the Murrieta SWAT team works in partnership with the cities of Hemet and Menifee, and an unreliable equipment truck could also cause unnecessary delays to SWAT emergencies in those cities.

Section C.5. of the City’s Procurement Policy, dated November 18, 2021, identifies that for commodity purchases over $75,000, formal competitive bidding should be used. In this circumstance, given the limited availability of the necessary type of vehicle and the other conditions described above, competitive bidding is not deemed feasible. Section L of the Procurement Policy identifies provisions for the potential discretion of the City Council or City Manager to waive the competitive process. Specifically, the Policy states, “The City Council or the City Manager, in the case of procurements within the City Manager’sprocurement authority, may waive the requirements for formal competitive bidding of other procedures set forth in this Policy when (1) permissible under applicable law; (2) a determination is made that the best interests of the City are served thereby, and provided there is adequate documentation of the need for such services; and (3) a determination is made that following competitive procedures would be unavailing and not in furtherance of the purposes of the competitive bidding statutes and the City’s procurement policy.”

FISCAL IMPACT
Due to the increased cost for the 2023 Chevrolet Truck Express 3500 utility vehicle, there is not enough in Unassigned Fund Balance to cover the difference in Fund 402. The remaining funding of $89,000 in the Fiscal Year 2022/23 Operating Budget for the original equipment truck will revert back to fund balance. Staff is requesting a new appropriation of $123,980 in the Fiscal Year 2023/24 Operating Budget in account 4040030- 71060.

ATTACHMENTS

1. Paradise Chevrolet Cadillac Temecula Vehicle Purchase Quote CITY OF MURRIETA Printed on 1/22/2024Page 2 of 2
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BUYER CO-BUYER Deal #:

New
Used
Demo
Stock #: Description: VIN:

Deal Date:

VEHICLE
Home #:

Work #:

Home #:

Work #:

Mileage:

TRADE

AFTERMARKETS
Salesperson:

Total Aftermarkets:
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
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$
Print Time:

Deal Type:

Manager AcknowledgementCustomer Acknowledgement

CITY OF MURRIETA MURRIETA POLICE DEPARTMENT
235959
M23246 2023 CHEVROLET TRUCK EXPRESS COM … 1GB3GSC74P1121443 08/24/20232 TOWN SQUARE
MURRIETA, CA 92562
145
(951) 304-2489
123,980.00
114,791.78
114,791.78
135,215.00

0.00 10,051.72

51.50 124,980.00

0.00 0.00

0.00 20,423.22

0.00 0.00

85.00 0.00
124,980.00
1,000.00

0.00 123,980.00
MSRP:

Paradise Fleet Discount:

Sale Price:

Total Aftermarkets:

Service Agreement:

Maintenance Agreement:

GAP Insurance:

Total Trade Allowance:

Trade Difference:

Documentary Fee:

State & Local Taxes:

Total License and Fees:

Total Cash Price:

Total Trade Payoff:

Delivered Price:

Cash Down Payment + Deposit::

Total Rebates:

Unpaid Balance:

Total Savings: 20,423.22Rate:

AARON J HEWITSON
186
1 Approve the purchase of a 2023 Chevrolet Truck Express 3500 utility vehicle from Paradise Chevrolet Cadillac Temecula;
Authorize an exception to the procurement policy; and
Appropriate $123,980 in the Fiscal Year 2023/24 Operating Budget in fund 404 for $40,508, fund 403 for $20,174, fund 402 for $56,384, and fund 111 for $6,934 for the purchase of the utility vehicle.

Recommendation
Received After Agenda Printed
Regular City Council Meeting 10-03-23
Consent Calendar
187

CITY OF MURRIETA
City Council Meeting Agenda
Report
10/3/2023
Agenda Item No. 7.

TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Anthony Conrad, Police Chief
PREPARED BY: Dawnn Jackson, Management Analyst
SUBJECT: Five-Year Agreement with Motorola for Radio Purchases

RECOMMENDATION
Approve a five-year agreement with Motorola Solutions, Inc., in the amount not to exceed $1,222,876.30 for the purchase and replacement of critical police radios; and Authorize the Mayor to execute the agreement.

PRIOR ACTION/VOTE
On March 3, 2015, the City Council adopted Resolution 15-3351, amending the Fiscal Year 2014-2019 Capital Improvement Plan to close the Police Station-Phase II project (#08092), and appropriating $916,120 in Law Enforcement Development Impact Fees and $321,880 in Federal Asset Forfeiture funds to establish a new project to purchase equipment and make improvements to the Public Safety Enterprise Communication (PSEC) radio system (Vote 5-0).

On June 2, 2015, the City Council adopted Resolution No. 15-3378, authorizing the City Manager to purchase additional handheld radios required for the Phase I transition to the Public Safety Enterprise Communication (PSEC) radio system and amending the 2014/15 operating budget authorizing $174,604 to be charged to the Federal Asset Forfeiture fund (Vote 4-0-1).

On December 15, 2015, the City Council adopted Resolution No. 15-3482, authorizing the City Manager to revise a Letter of Agreement with Riverside County Information Technology (RCIT) for the scope of services and the purchase of radio equipment and installation services with Motorola Solutions Inc (Vote 4-0-1).

CITY COUNCIL GOAL
Provide a high level of innovative public safety.

BACKGROUND
In 2015, the Police Department transitioned to the PSEC system for all law enforcement communications.

PSEC is a cooperative effort between law enforcement and fire agencies in Riverside County, with the goal of communications reliability and interoperability. Although the Riverside County Sheriff’sDepartment currently manages PSEC’s day-to-day operations, PSEC is given direction using a Steering Committee Board of CITY OF MURRIETA Printed on 1/22/2024Page 1 of 3
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Agenda Item No. 7.
manages PSEC’s day-to-day operations, PSEC is given direction using a Steering Committee Board of Directors made up of seven members from city and county police/fire agencies. The Steering Committee Chairperson for the last two years has been Murrieta Police Department (PD) Chief Anthony Conrad.

Murrieta PD was the first municipal police department to join PSEC in 2015 and has been instrumental in bringing the system where it is today. As of 2023, every law enforcement agency in the County has transitioned or is transitioning to PSEC. Riverside County Fire has been a participant in PSEC from the system’sinception, and Murrieta Fire and Rescue will be the first municipal fire department to join the system in 2023. PSEC is considered one of the country's most robust first-responder communication systems. It is entirely funded by member agencies through subscriber fees, and it operates on approximately a $15 million budget.

Over the last eight years, Murrieta PD has been engaged in the use of both Harris and Motorola P25- compliant radios. In conjunction with PSEC and other subscriber agencies, the Murrieta PD has tested the reliability of both radio manufacturers, and the Motorola product has been determined to be superior. At this time, there is an opportunity to switch to the Motorola radios, as the current radios are at the end of their eight- year life. Many have begun to break or have operating issues. Due to the age of these radios, they are no longer serviceable.

In 2023, both the Riverside County Sheriff’sDepartment and Murrieta PD chose Motorola as their PSEC radio provider because of the superiority of their product. Riverside County is currently finalizing its contract with PSEC; however, the City of San Diego has completed its contract with a discount identical to that listed in the Riverside County contract (27%), which allows for cooperative participation (Attachment 1). At this time, it is necessary for the Murrieta PD to piggyback on the City of San Diego contract to purchase 125 Motorola radios over the next five years (Attachment 2). This number was determined by the projected number of Murrieta officer positions between 2023 and 2028. The current radios in stock will be used for training of Police Explorers and volunteers and as spare/backup radios in emergencies.

Currently, each Police Officer is assigned a handheld radio and has a second radio mounted in their assigned police unit. By switching to Motorola, the PD will no longer need to purchase radios ($8,000 each) for unmarked vehicles, as the new Motorola radios can utilize a cellular 5G connection and transmit over the PSEC system anywhere in the United States with cellular coverage. It is anticipated that once the radios prove their reliability, new radios will not need to be purchased for any police units until 2031, saving the City money over time. Additional features of the new radios include:
· Clearer communications over a digital network;
· A hands-free function that provides the ability to program over the air without a technician touching the radio;
· Ability to have a redundant communication backup using cellular technology; · Interoperability with the Motorola-built PSEC tower network works more efficiently with Motorola radio; · GPS location service showing dispatchers exactly where the radio is when powered on; and · WiFi capabable and completely waterproof.

FISCAL IMPACT
Motorola is offering 40% off radio orders that are received by December 15, 2023, which is reflected in the attached quote (Attachment 3) . If the order is received after that date, the discount will only be 27% discount as outlined in the City of San Diego agreement.

Per the quote attached, the total cost of the 125 radios is $1,060,054. Per the financing options attached, the Murrieta Police Department has decided to select option one with a lease factor of 0.230719 under the advisement of the Finance Department. Option one states the first payment of $244,575.26 is due one year CITY OF MURRIETA Printed on 1/22/2024Page 2 of 3
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Agenda Item No. 7.
advisement of the Finance Department. Option one states the first payment of $244,575.26 is due one year after contract execution, which will be October 2024, Fiscal Year (FY) 2024/25.

To finance the first payment (Attachment 4), $80,278.05 will be carried over from the FY 2023/24 budget to FY 2024/25, and $180,278 savings has been identified in the current FY 2024/25 budget. The budget for subsequent fiscal years will be included in the biennial budget process.

ATTACHMENTS

1. City of San Diego Agreement

2. Draft Motorola Agreement

3. Motorola Quote

4. Motorola Financing Options
CITY OF MURRIETA Printed on 1/22/2024Page 3 of 3
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190
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

1 EXHIBIT B – SCOPE OF WORK

Table of Contents
1 Introduction ................................................................................................................... 3 2 City of San Diego – Overview .......................................................................................... 4

2.1 City Background ............................................................................................................... 4

2.2 Wireless Technology Services Division ......................................................................... 4 3 Radio Communications Systems Overview ..................................................................... 5

3.1 Radio System Utilization ................................................................................................ 6

3.2 700 MHz Radio System ................................................................................................... 6

3.3 800 MHz Radio System ................................................................................................... 6

3.4 The Prime Site is located at the Chollas communications site. Dispatch Locations ........................................................................................................................................... 7 4 Overview of Requirements .............................................................................................. 9 5 Subscriber Radio Provisioning ....................................................................................... 11

5.1 Fleet Map Development Support .................................................................................. 11

5.2 Programming Template Development Support and Review ..................................... 11

5.3 Radio Programming Services ........................................................................................ 11

5.4 Online Service Tracking ................................................................................................. 11 6 Training ........................................................................................................................ 12

6.1 Training Components ................................................................................................... 12

6.2 Training Description ..................................................................................................... 12 7 Warranty ....................................................................................................................... 13

7.1 Equipment Covered ........................................................................................................ 13

7.2 Warranty Conditions ...................................................................................................... 13

7.3 Warranty Period .............................................................................................................. 13

7.4 New Equipment ............................................................................................................. 14

7.5 Lemon Rule .................................................................................................................... 14

7.6 Software and Hardware Replacement ......................................................................... 14 8 Maintenance .................................................................................................................. 16

8.1 Overview ......................................................................................................................... 16 191
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

2 8.2 Equipment Covered ....................................................................................................... 16

8.3 Service Technicians ....................................................................................................... 16

8.4 Technical Support .......................................................................................................... 16

8.5 Monthly Service Meetings ............................................................................................ 16

8.6 Database...........................................................................................................................17

8.7 Depot Repair ....................................................................................................................17

8.8 Timeline ...........................................................................................................................17

8.9 Cost ...................................................................................................................................17

8.10 Obsolescence ...................................................................................................................17

8.11 Spares .............................................................................................................................. 18

8.12 Scheduled Maintenance ................................................................................................ 18

8.13 Corrective Maintenance ................................................................................................ 18 9 RFP Schedule ................................................................................................................. 19

List of Tables
Table 3-1: Count of City of San Diego Airtime and PTTs ....................................................... 8

192
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

3 1 Introduction
The City of San Diego (“City”) seeks proposals from potential Proposers for the provision of Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services (hereinafter, the “Goods and Services”).

The hardware and supporting services arising from this RFP will enable the City to continue to provide best -in-class wireless communications services to its First Responders, with high levels of availability.

The key components of any resulting Agreement will be as follows:

1. Radios and wireless communications equipment and

2. Training, warranty, and maintenance services for the aforementioned equipment
Proposers should note that the requirements set forth in this document describe the City’s intent to ensure that all wireless communications systems maintain an exceptionally high level of availability, that no disruption to these critical services will be tolerated, and that the resulting system will retain seamless integration with the regional interoperability standards required.

This Request for Proposals (RFP) is intended to result in an Agreement f or Goods and Services for an initial ten (10) year term, with two (2), two-year renewal options, to be awarded at the sole discretion of the City.

This RFP sets forth the requirements that responsive Proposers must meet, including the format in which info rmation and RFP responses must be submitted. Additionally, there are specific items of information that must be included in the RFP response , in order, for the response to be considered responsive. Proposers must carefully review the instructions provided in Exhibit A to this document to ensure they comply with the City’s requirements.
193
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

4 2 City of San Diego – Overview

2.1 City Background
The City of San Diego is the 2nd largest incorporated City in the State of California, and the 8th largest City in the United States. The City occupies 325 square miles of land and is located in the southwest corner of the United States. The City has over 1.4 million residents and is comprised of nine distinct council districts.

The City had approximately 11,545 positions budgeted in Fiscal Year 2019. These positions are disbursed across almost seventy (70) distinct business areas compromised of departments, agencies, elected official offices, boards, and commissions. Most of these positions are in business areas that are under the responsibility of the Mayor and managed by the Executive Manageme nt Team. The remainder are located in other business areas that are headed up by other elected officials or City Agencies. At various times throughout the fiscal year, the regular City workforce may be augmented by as many as two thousand (2,000) additional seasonal employees. The City operates on a July through June fiscal year.

2.2 Wireless Technology Services Division
The Wireless Technology Services Division (“Wireless Division”) operates as a distinct subset of the Department of Information Technology (“DoIT”) at the City. The Wireless Division is responsible for the provision and stewardship of all the critical and Public Safety wireless infrastructure used by San Diego Police Department (“SDPD”) and San Diego Fire Department (“SDFD”) to serve residents wi thin the City and County of San Diego.

The City is soliciting proposals for Public Safety Radio Communication subscriber equipment and associated accessories to work seamlessly with a 700/800 MHz, UHF, VHF High-band, Radio Communications System.

The City of San Diego Radio Communications System currently includes an ASTRO 25 700 MHz (software release 7.16 or later) trunked simulcast Project 25 (P25) radio system- which includes twenty (20) channels at each of the seven (7) existing remote simulcast sites, with additional coverage provided by trunked Astro Sites and conventional radio sites.

The Radio Communication Systems operated by the City provides mission-critical voice services to law enforcement, fire and rescue, and other city and non -city agencies within the overall service area. The City provides communications services to key customer organizations with broad public safety responsibilities. In total, the Wireless Services Division supports nearly 12,000 mobile and portable radios.

Some radio system users continue to operate on a Motorola 800 MHz SmartZone 4.1 trunked simulcast radio system for voice communications.

The City of San Diego Radio Communications System customers include:
194
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

5 • City of San Diego Police Department;
• City of San Diego Fire-Rescue Department (includes Lifeguard); • City of San Diego Public Utilities Department;
• City of San Diego Environmental Services Department;
• San Diego Unified School District;
• San Diego Community College District; and
• San Diego Medical Services Enterprise.

195
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

6 3 Radio Communications Systems Overview
The City of San Diego operates two (2) trunked simulcast radio systems for public safety and public service communications. These radio systems operate in the 700 MHz and 800 MHz bands. This section provides a summary of each system in use.

3.1 Radio System Utilization
Both the 700 MHz and the 800 MHz radio systems have approximately 10,000 primary subscribers and 16,000 total subscribers which include mutual aid users . The systems cover an area from Del Mar to Escondido and El Cajon to the east and south to the Mexican border. This network covers over 370 square miles.

3.2 700 MHz Radio System
The City operates a twenty (20) channel, seven site, Project 25 700 MHz Trunked Simulcast Radio System. The 700 MHz Radio System is standards- based and delivers interoperable radio communications for the City of San Diego. The Regional Project 25 Trunked Simulcast Radio System utilizes a Frequency Division Multiple Access (FDMA) based technology. The City uses Etherne t links for connectivity between remote sites and the prime site as well as between console sites and the master site. The System includes two Astro Site Repeaters (ASR’s) located at San Diego Sewage Treatment Plant (STP) and Safari Park. Below are the seven 700 MHz remote communications sites:
• Black Mt
• City Administration Building
• Cowles Mt
• Encanto
• Mt Soledad
• Otay Mt
• San Ysidro

3.3 MHz Radio System
The City operates an 800 MHz Motorola 4.1 digital, mixed mode, SmartZone trunked radio system. This radio system includes twenty (20) trunked channels configured as a single simulcast zone. System coverage is provided through the use of seven (7) mountain top sites. Additionally, there is one five -channel IntelliRepeater (IR) site.

The simulcast system and IntelliRepeater site are interfaced to the P25 Core via SmartX 196
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

7 controllers. The Prime Site controller is located at the City’s Chollas communications site. Following are the seven remote communications sites:
• Black Mt
• City Administration Building
• Cowles Mt
• Encanto
• Mt Soledad
• North City
• San Ysidro
The Motorola IntelliRepeater (IR) site is located at San Diego Sewage Treatment Plant (STP).

3.4 The Prime Site is located at the Chollas communications site. Dispatch Locations The City has eleven (11) dispatch sites using Motorola MC 7500 consoles. Following are the sites and number of operator positions:
• San Diego PD Dispatch – 19 Consoles
• San Diego Fire Dispatch – 13 Consoles
• San Diego Lifeguard – 2 Consoles
• Chollas – 3 Consoles
• MCC – 2 Consoles
• Station 38 – 7 Consoles
• Environmental Services – 2 Consoles
• San Diego Schools PD – 3 Consoles
• San Diego Schools Transportation – 1 Console
• San Diego City College PD – 2 Consoles
• San Ysidro – 1 Console

197
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

8 Radio system usage can be seen in the table below. This usage data was collected for a one (1) year period from March 6, 2019 to March 6, 2020.

ID Count Unit
Push to Talk Transactions
1 19,192,764 PTTs (annual)
2 1,599,397 PTTs per month (average)
Calls
3 113,858,948.7 seconds (annual total)
4 9,488,245.7 seconds per month (average)
5 1,897,649.1 minutes (annual total)
6 158,137.4 minutes per month (average)
7 31,627.5 hours (annual total)
8 2,635.6 hours per month (average)
Table 3-1: Count of City of San Diego Airtime and PTTs

198
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

9 4 Overview of Requirements
The Wireless Division has historically delivered the Services via the manufacturer ‘Motorola’. Over time, the Services have progressed and innovated, in order, to deliver an improved and more highly available service to the public. In 2016, the Wireless Division oversaw an overhaul of the existing voice radio system, resulting in an upgrade to a new digital, regional, interoperable FDMA/TDMA standards -based 700/800 MHz digital trunked communications radio system (“P25”). Proposers should note that the P25 upgrades are standards based, highly reliable, fault to lerant, spectrally efficient, flexible, and encrypted for secure communications that are necessary to safeguard and ensure interoperable communications throughout the San Diego region.

The City requires that the functionality of all radios and wireless com munications equipment provided under the resulting Agreement deliver continued, seamless radio communications on the existing P25 wireless infrastructure.

The goods and services procured under the resulting Agreement will include, but not be limited to, the following items:
• Subscriber Radios
o Mobile Radios
o Portable Radios
o Control Stations
• Radio Accessories
• Software Upgrades
• Subscriber Radio Applications
• Radio Programming Hardware and Software
• Training
• Warranty
• Maintenance
o Services
o Test Equipment
Proposers will be responsible for all costs associated with Interoperability Testing (IOT) for all purchased equipment ensuring Multi- Vendor Integration compatibility.

Additionally, Proposer must demonstrate participation in any testing program including those required by FCC rules if applicable at time purchase order is issued.

All radio and wireless hardware provided to the City under the resulting Agreement will be warranted by the manufacturer for a minimum of five (5) years, which may be a combination of the standard manufacturer’s warranty, and an extended hardware 199
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

10 maintenance term. The City intends to purchase a full five -year warranty with each wireless device acquired under the resulting Agreement.

The City intends to acquire support for hardware from t he manufacturer, and in tandem with its own in-house Field Service Delivery resources. 200
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

11 5 Subscriber Radio Provisioning

5.1 Fleet Map Development Support

5.1.1 Proposer shall provide fleet map development services to support the City’s effort to establish a fleet map that is compatible with its radio system.

Development of the fleet map includes the establishment of a zone / channel structure and the determination of features and functions configuration settings as may be requested by individual user groups.

5.1.2 Proposer shall detail the proposed methodology for reviewing and capturing parameters and configuration settings as a result of this effort. Proposer shall provide the method for reviewing features and functions of the subscriber radios. Be detailed and provide examples of the output from this process.

5.2 Programming Template Development Support and Review

5.2.1 Proposer shall work together with the City to develop radio programming templates for each model and type of subscriber radio purchased under this contract. Proposer services shall include subject matter expert (SME) support, baseline programming template development, and review of programming templates developed by the City.

5.2.2 Prior to programming subscriber radios, Proposer shall program a set of radios, includin g every model and type of radio purchased under this contract, with a program template. The City will then test the subscriber radios and approve the functionality of each radio program template.

5.3 Radio Programming Services

5.3.1 Proposer shall provide radio programming services to augment the City’s technical staff. Radio programming will occur after the City approves the radio program templates.

5.4 Online Service Tracking

5.4.1 Proposer shall provide an online tool for the reporting and tracking equipment repairs. Proposer shall detail all the features and functions associated with the online tool.
201
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

12 6 Training

6.1 Training Components

6.1.1 At a minimum, training will be comprised of a combination of:
• Instructor-led training
• Onsite training
• Online self-paced and virtual classroom

6.1.2 Fundamentally, Proposers shall ensure that their Proposals demonstrate that City staff will be adequately trained to safely operate all hardware and software provided under any resulting Agreement.

6.2 Training Description

6.2.1 This RFP requires Proposers to provide a comprehensive description of the initial training your company will provide for system operators and system users. The training must include the following:
• Basic information about the system
• Description and instruction on use of the user interface(s) • End User shall complete understanding of all systems and how they operate • Additional Training: The Proposer shall provide information on other types of training available such as certified technician training , radio maintenance and codeplug creation/writing training, and/or registration information. • All Initial and Additional training shall be fully described in the Proposal Response, to include any additional cost that may be incurred by the End User. • Examples of materials that support the training effort • Any other training deemed necessary by either the End User or Proposer. 202
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Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

13 7 Warranty

7.1 Equipment Covered

7.1.1 The Proposer shall warrant all equipment and Services provided by the Proposer under the Contract.

7.1.2 Proposer shall clearly identify those items covered under each warranty agreement, and clearly identify conditions that are not included or conditions that would invalidate any of the warranties.

7.2 Warranty Conditions

7.2.1 The Proposer shall be responsible for the repair or replacement of equipment provided or installed under the contract, in like new operating condition over the life of the applicable warranty period.

7.2.2 The Proposer shall warrant all materials, workmanship, and the succe ssful operation of all equipment supplied by the Proposer. If any defects in material, functionality or workmanship occur within the warranty period, including, but not limited to, non -conformance with the applicable RFP Specification, the Proposer's response to the specification or the Proposer’s published specifications, whichever is most stringent, the Proposer shall determine the cause of failure; remove, repair or replace any defective part or parts or software; deliver and reinstall the part or software; and place the equipment back into service at the Proposer’s sole cost and expense.

7.2.3 Proposer shall keep all programming information secured and not allow any duplication of information to others.

7.3 Warranty Period

7.3.1 Each mobile, portable and control statio n unit shall be warranted against any failure for a period of five (5) years from the date it is placed in service.

Proposer shall provide the option to purchase additional warranty service.

7.3.2 Warranty support will be depot level support. Proposer will be responsible for shipping costs of defective radios sent to, and returned from, its depot service location.

7.3.3 Radios sent in for warranty service must be returned to the City no longer than Twenty (20) Business Days from receipt of the radio at the Depot Service location.
203
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

14 7.3.4 Service for mobile and control station units shall include preliminary testing at the Proposer ’s depot service location and, if needed, removal and reinstallation from and into the vehicle or place of use.

7.3.5 Such defective components, unless da maged beyond the warranty limits, shall be replaced in accordance with the Proposer’s equipment warranty terms. Proposer’s equipment warranty terms shall be provided as part of the response.

7.4 New Equipment

7.4.1 The Proposer shall warrant to the City that the equipment to be delivered shall be new, not remanufactured, and that it shall conform to these requirements and be free from defects in materials and workmanship.

7.4.2 The Proposer shall warrant capable of satisfactory perf ormance under the City’s operating conditions at specified equipment rating and capacity and conformance with this specification, the Proposer response to this specification or the Proposer’s published specifications, whichever is most stringent.

7.5 Lemon Rule

7.5.1 If during the Warranty period equipment is found not to meet the warranty specified including repeated failures of the same components or units and nonconformance with the specification, the Proposer shall correct any defect or replace any unit that exhibits more than three instances of failure.

Should the repeated failures be the result of a design defect, the Proposer shall replace all involved equipment.

7.6 Software and Hardware Replacement

7.6.1 The Proposer is responsible, at its cost and expense, for the installation and support of software manufacturer -recommended enhancements for all the City equipment.

7.6.2 The Proposer is responsible for coordination with the original equipment manufacturer (OEM) or software developer(s) (if not the Proposer) during the Proposer’s warranty period.

7.6.3 The Proposer will be required to provide a plan and methodology for each , and all, Enhancements that shall be subject to the City’s approval. Any plan 204
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

15 must include, but not be limited to, timeliness, effect on service, testing and fallback options. If physical software/hardware e quipment enhancements must be performed by the OEM, the Proposer shall be responsible for coordinating all aspects of the Enhancements and ensuring compatibility and continued performance, with all components of the new equipment. 205
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

16 8 Maintenance

8.1 Overview
The City plans to operate the new equipment for at least 10 years from Final Acceptance.

The City’s goal is to manage the new equipment, but have the Proposer provide warranty, telephone technical support, spare equipment, depot repairs and possibly component upgrades to allow the new equipment to reliably provide the ope rational features and functions over the life of the new equipment . The City has historically been a “self-maintained” radio facility. It is expected that this will continue to be the case.

8.2 Equipment Covered
The City is self-maintained and may provide maintenance after expiration of warranty.

8.3 Service Technicians

8.3.1 The Proposer shall include in the response a list of recommended qualifications for service technicians.

8.3.2 The Proposer shall outline the required courses to maintain the new equipment and the required refresh period for the training that will be required of the technicians.

8.4 Technical Support

8.4.1 The City will require 24/7 telephone technical support. The Proposer shall outline the level, method , and location of the factory support that will be provided to the local service presence. The discussion should detail how issues are escalated and on what criteria those issues are escalated.

8.5 Monthly Service Meetings

8.5.1 The City may, at its sole discretion, require a monthly meeting (in-person or virtual) with the Proposer to discuss the implementation of the Contract, to discuss specific radio repair issues and to r esolve any outstanding radio repair issues.
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Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

17 8.6 Database

8.6.1 The Proposer shall be responsible for providing an accurate database of all control stations, mobiles, portables and other associated equipment that is part of new equipment. The database should identify warranty start and end dates for all equipment. Such a database will be available to The City upon request electronically in Microsoft Excel format.

8.7 Depot Repair

8.7.1 The City will require equipment to be repaired within twenty (20) Business Days from receipt of the equipment at the Depot Service location.

8.7.2 Proposer will pay for all out -going shipping required for Depot Repair .

Proposer shall also pay the shipping back to the City facility.

8.8 Timeline

8.8.1 Proposer shall provide Maintenance Resources for ten (10) y ears after Final Acceptance.

8.9 Cost

8.9.1 Proposer shall provide pricing for all Maintenance Resources, in one (1) year increments, for a total of ten (10) years after Final Acceptance.

8.9.2 Proposer shall provide itemized pricing for all equipment covered by Depot Repair in one (1) year increments, for a total of ten (10) years after Final Acceptance.

8.10 Obsolescence

8.10.1 If any new equipment component is not repairable and/or discontinued, and spare parts are no longer available during the first 10 years from Final Acceptance, the Proposer will replace the new equipment component and any affected new equipment components with components of equal or better quality and functionality at no cost to The City.

8.10.2 The Proposer shall indicate on the spares list the expected life of each spare. 207
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

18 8.11 Spares

8.11.1 The spares will be used in the case of corrective maintenance. The Proposer must indicate on the list of spare equipment whether Depot Repair supports the item.

8.11.2 The Proposer shall notify The City twelve (12) months prior to a component on the new equipment being discontinued. No new equipment component shall be discontinued in the first three (3) years after Final Acceptance.

8.11.3 The Proposer shall supply a list of all recommended test equipment that The City will utilize to perform maintenance on the new equipment . Test equipment shall be identified as pertaining to subscriber radios, accessories, or both.

8.11.4 The Proposer shall provide a list of hardware and software, other than spare parts and test equipment , required to manage and maintain the new equipment and ensure interconnectivity is functioning properly.

8.12 Scheduled Maintenance

8.12.1 The City shall undertake a preventative scheduled maintenance program for the inspection and evaluation of the new equipment. However, the City may desire to implement a hybrid approach for maintaining the new equipment.

To that end, Proposer shall detail scheduled maintenance partnering options for the City’s consideration.

8.12.2 The Proposer shall provide a list of equipment that requires preventative maintenance.

8.12.3 The Proposer must describe the scheduled preventive maintenance for monthly, quarterly, bi -annual, and yearly maintenance for the new equipment.

8.13 Corrective Maintenance

8.13.1 The City will perform all corrective maintenance. It is expected the maintenance technical training with telephone support will provide the necessary skills to diagnose and repair all issues on the new equipment via spares located in the City’s possession.

8.13.2 Proposer shall detail any and all additional maintenance partnering options for the City’s consideration.
208
RFP No. 10089713-21-K
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit B

19 9 RFP Schedule
The City provides the following tentative schedule for this RFP; Proposers should note that this schedule is subject to change at the sole discretion of the City of San Diego.

Activity Date
RFP Released November 3, 2020
Deadline for Submission of Questions November 23, 2020
Deadline for Submission of RFP Proposals December 14, 2020 Demonstrations / Oral Interviews February/March 2021
Intent to Award Issued April 2021
City Council Review June/July 2021
Contract Executed August 2021

209
Radio Communication, Emergency Response and Mobile Interoperability equipment and Supporting Services
Exhibit C

1 EXHIBIT C – GENERAL CONTRACT TERMS AND PROVISIONS

Please see attached.
210

General Contract Terms and Provisions
Revised: January 16, 2020
OCA Document No. 1685454_2