Agenda packet — Orange City Council, November 12, 2024 (part 3 of 4)

Date: T R 1/4 of 1/4 of Sec B.M.
d. UTM: mE/ mN
e. Other Locational Data:

P1. Other Identifier:
*P2. Location:
c. Address: 1284 Zip: 92869
(Give more than one fr large and/or linear resourc
(Describe resource and its major elements. Include design, materials, condition, alterations, size, setting, and boudnaries) ; ; ;
Zone '
and (P2b and P2c or P2d. Attach a location map as necessary.) - N LINDA VISTA City Orange
*P3a. Description:
*P3b. Resource Attributes: (List attributes and codes)
Reconnaissance
(Describe)
(Cite survey report and other sources, or enter "none.") *Attachments: Continuation Sheet(s) Building, Structure, and Object Record (Name, affiliation, and address
(View, date, accession #)
*P6. Date Constructed/ Age and Source:

D. Gest, P. LaValley
*P7. Owner and Address:
*P8: Recorded by:
*P10. Survey Type:
*P11. Report Citation:

Orange County Assesor Records. (2005).

Chattel Architecture. (2005). Historic Resources Survey.

AEGIS. (1991). Historic Building Inventory Update.

Heritage Orange County, Inc. (1982). Orange Historic Survey.

Orange Daily News
DPR 523A (1/95) *Required Information
*Resource Name or #: (Assigned by Recorder) LINDA_VISTA_N_1284__APN_379-011-03 *P9. Date Recorded:

January 2005
1962 c
Primary #
HRI #
Date:

NRHP Status Code 5B
Trinomial
Other Listings:

Review Code: Reviewer:

Orange County Historic Property Data File (HPD#)
*a. County: Orange
P5b. Description of Photo: 2005
Unristricted
3 *P4. Resources Present: Building Structure Object Site Element of District District Other (Isolates, etc.) Not for Publication
District Record
Photograph Record
Location Map
Artifact Record
Archaeological Record
NONE
Linear Feature Record Milling Station Recor Rock Art Record Other (List):

Materials:

ST
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
Historic Prehistoric Both

Model LJ-124, variant 1: This model is one-story, post-and-beam construction with a ¾-width low-pitched, front-facing gable roof that forms a deep eave overhang over cantilevered, square-end, wood beams with trapezoidal transom windows tucked under the eaves of the one-bay garage. The remaining width of the buil *b. USGS 7.5' Quad:
539
Status change since previous survey: Not previously surveyed.

Fairhills Tract
B1. Historic Name: Unknown
B3. Original Use: B4. Present Use: RES
*B5. Architectural Style: California mid-century modern B2. Common Name:
*B6. Construction History: (Construction date, atlerations, and date of alterations) Date of Construction: 1962 *B9. Architect or Builder: A. Quincy Jones
Period of Significance: Eichler tract (c. 1959 - 1965)
*B10. Significance: Property Type: Building
(Discuss importance in terms of historical or architectural context as defined by theme, period, and geographic scope. Also address integrity.) *B8. Related Features:
*B7. Moved? Date: Original Location:

Theme: Architecture Area: City of Orange
Site Integrity:

Structural Integrity: Excellent
(List attributes and codes)
*Date of Evaluation: January 2005
B11. Additional Resource Attributes:
(This space reserved for official comments.)
*B14. Evaluator: D. Gest, P. LaValley
B13. Remarks:

State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

BUILDING, STRUCTURE, AND OBJECT RECORD
DPR 523B (1/95) *Required Information
*B12. References:

Orange County Assesor Records.

Chattel Architecture. (2005). Historic Resources Survey.

AEGIS. (1991). Historic Building Inventory Update.

Heritage Orange County, Inc.(1982). Orange Historic Survey.

Orange Daily News.
*NRHP Status Code: 5B
(Sketch Map with North arrow required.)
Opportunities:

Level of Alteration: Low.

Primary #
HRI #
Applicable Criteria:
c
No Yes Unknown

Page 2 of 3 ends

(Sketch Map with north arrow required
*Resource Name or #: (Assigned by Recorder) LINDA_VISTA_N_1284__APN_379-011-03 Historic Prehistoric Both
540
Landscaping: Moderately landscaped yard with small hedges and mature tree.

State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

CONTINUATION SHEET
Primary #
HRI #
Trinomial
Recorded by: Date Recorded: January 2005
P3a. Description (Cont.):
ding has a flat roof with no overhang and no fenestration. The gable’s center bay is recessed to form a covered carport and entrance, which is located in one corner and surrounded by four frosted glass panels spanned by a wood lintel with an open transom. On the opposite side of the carport, the roof overhang has several cut-outs. A horizontal beam, with an applied, decorative wood strip, stretches across the width of the gable with one end integrated into the garage bay and the other supported by square wood posts. The building, including the garage door, is clad with narrow-gauge, vertical wood siding. The concrete driveway is scored to mirror the width of the garage and carport.

DPR 523L (11/98) *Required Information
Continuation Update

Page 3 of 3 ends

B6. Construction History (Cont.):

Lot Acre: 0.1874
Building Sqft: 1695
Planning Zone: R-1-8 # Stories: 1
Previously Surveyed: --
Unit Addr:
# of Units:

B13. Remarks (Cont.):

Related Features:

D. Gest, P. LaValley
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
*Resource Name or #: (Assigned by Recorder) LINDA_VISTA_N_1284__APN_379-011-03 Description of Photo:
541
542
543
544
545
546
547
548
549
550
551
1 RECORDING REQUESTED BY

AND, WHEN RECORDED,
MAIL TO:

City Clerk
City of Orange
300 E. Chapman Avenue
Orange, California, 92866
Property Address: 2932 E. Chapman Avenue, Orange, CA 92869-3704 APN: 094-552-55
Mills Act Contract Number: 457.0-24

HISTORIC PROPERTY PRESERVATION AGREEMENT
(MILLS ACT CONTRACT)
THIS HISTORIC PROPERTY PRESERVATION AGREEMENT (the “Agreement”) is made and entered into as of the date of execution by the City (herein referred to as the “Effective Date”), and is being entered into by and between the CITY OF ORANGE, a municipal corporation (“City”), and THE HOBBIT REAL ESTATE, LLC., a California Limited Liability Partnership (referred to herein as the “Owner”), with reference to the following:

RECITALS
WHEREAS, the Mills Act (Government Code Section 50280 et seq.) provides cities with the opportunity to contract with owners of qualified historical properties whereby the owner promises to preserve and rehabilitate the property in return for a potential reduced property tax assessment; and WHEREAS, the City of Orange has established Historic Districts consisting of the Plaza Historic District, listed in the National Register of Historic Places; the Old Towne Orange Historic District, listed in the National Register of Historic Places; the local Old Towne Orange Historic District, designated by the Orange City Council; and the local Eichler Fairhaven, Fairhills, and Fairmeadow Historic Districts, designated by the Orange City Council, and the City desires to promote the character, quality of life, and historic features of said Districts to its citizens and visitors; and
WHEREAS, the City is dedicated to the protection and stabilization of property values through maintaining and upgrading its older housing stock, through the use of incentives such as the Mills Act; and
WHEREAS, the Mills Act also has beneficial effects on City businesses, economic stability and community pride by preserving important neighborhood historic resources; and WHEREAS, the use of the Mills Act will fulfill one of the goals of the City’s 2010 General Plan Cultural Resources Element; specifically,
552
2 “Provide incentives and expand education efforts for historic preservation” (Goal 3.0, CR-22); and
WHEREAS, Owner possesses fee simple title in and to that certain real property, together with associated structures and improvements thereon, located at 2932 E. Chapman Avenue, in the City of Orange, County of Orange, State of California, having Assessor’s Parcel Number 094-552- 55 and more specifically described in Exhibit A, which exhibit is attached hereto and made a part hereof (herein referred to as the “Historic Property); and WHEREAS, the Historic Property is a qualified historical property under the Mills Act in that it is privately owned property which is not exempt from property taxation and is either:
individually designated or is a contributing property within a designated district which is listed in the National Register of Historic Places, California Register of Historical Resources or Register of Historical Landmarks, California Points of Historical Interest, or is a contributing property in a locally designated historic district; and
WHEREAS, Owner, in consideration for abiding by the terms of this Agreement shall be entitled to a reassessment of valuation of the Historic Property and any corresponding reduction in property taxes pursuant to the provisions of the California Revenue and Taxation Code; and WHEREAS, it is the City’s expectation that the Owner will use the property tax savings accrued under this Agreement for improvements to the “Historic Property” (as defined below). To that end, as a condition of renewal, the City will require a revised schedule of improvements every ten years showing a plan for improvements commensurate with the tax savings; and WHEREAS, the City and Owner for their mutual benefit, now desire to enter into this Agreement to limit the use of the Historic Property to prevent inappropriate alterations, to ensure that characteristics of historic significance are preserved and maintained in an exemplary manner, and to carry out the purposes of Article 12 (commencing with Section 50280) of Chapter 1, Part 1, Division 1 of Title 5 of the California Government Code and Article 1.9 (commencing with Section 439) of Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code.

AGREEMENT
NOW, THEREFORE, both Owner and City, in consideration of the mutual promises, covenants and conditions contained herein and the substantial public benefits to be derived therefrom, do hereby agree as follows:

1. APPLICABLE LAWS. This Agreement is made pursuant to California Government Code Sections 50280 through 50290 and Article 1.9 (commencing with Section 439) of Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code and is subject to all of the provisions of those statutes. To the extent any of the provisions in this Agreement are inconsistent with the aforementioned provisions of the Government and Revenue and Taxation Codes, they are superseded by those Code Sections.
553
3 2. ASSESSMENT OF VALUATION. Property tax relief afforded to Owner pursuant to Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code will be determined solely by the Orange County Office of the Assessor. City makes no representations regarding the actual tax savings any person may realize by entering into this Agreement.

3. PRESERVATION OF PROPERTY. Owner agrees to preserve and maintain the Historic Property and its character defining features. Character defining features include, but are not necessarily limited to, the general architectural form, style, materials, design, scale, details, mass, roof line and other aspects of the appearance of the exterior of the Historic Property. For purposes of identification of the Historic Property, the City’s Official Historic Property Inventory Form (DPR 523) is attached as Exhibit E.

The Secretary of the Interior's Standards for Rehabilitation (Exhibit B) and City’s minimum maintenance standards (Exhibit C), attached hereto and incorporated herein by reference, shall constitute the minimum standards and conditions for preservation and rehabilitation of the Historic Property, and shall apply to the Historic Property throughout the term of this Agreement. Owner shall, where necessary, rehabilitate the Historic Property to conform to the rules and regulations of the Office of Historic Preservation of the California Department of Parks and Recreation, the Secretary of the Interior's Standards for Rehabilitation, the California Historical Building Code, and the City of Orange’s Historic Preservation Design Standards for Old Towne.

As consideration for the City to enter into this Agreement, the Owner agrees, at its own cost and expense, to complete, or cause to be completed, the work or improvements described in Exhibit D within the times established therefore in Exhibit D. The Owner shall secure any and all permits which may be required by the City or any other governmental agency affected by the construction of the work or improvements. The Owner accepts responsibility for and shall be responsible for identification of and compliance with all applicable laws pertaining to the construction and installation of the work or improvements described on Exhibit D and the contract or contracts pertaining thereto. The Owner will neither seek to hold nor hold the City liable for, and will hold the City harmless with respect to, any consequences of any failure by the Owner to correctly determine the applicability of any such requirements to any contract he/she/they enter into.

4. INSPECTIONS AND ANNUAL REPORTING. Owner agrees to permit the examination, by prior appointment, of the interior and exterior of the Historic Property by the City at a minimum every five (5) years during the Contract term to determine Owner's compliance with the terms 554
4 and provisions of this Agreement. Owner agrees to provide the City with a report as to the status of the Historic Property annually within thirty (30) days following each anniversary of the Effective Date of this Agreement. The annual report shall provide substantiation reasonably satisfactory to the City’s Historic Preservation Planner or in his/her absence the Director of Community Development that Owner has completed the work required by Exhibit D for the twelve month period preceding each anniversary of this Agreement, and whether the Historic Property has undergone any changed conditions, and whether Owner has received any public funds from other sources designated for the preservation or maintenance of the Historic Property and from whom such funds have been received.

5. PAYMENT OF ANNUAL FEE. The Owner shall pay the City an annual fee to cover administrative costs associated with this Agreement including but not limited to the reasonable cost of monitoring the Historic Property, performing required inspections, and enforcement of the Agreement. Said fee shall be payable to the City of Orange and shall be remitted to the Planning Division upon demand and prior to any required inspection. The amount of the annual inspection fee shall be established by the City and may be revised from time to time, which fee shall be set forth in the City’s Master Schedule of Fees and Charges. Failure to pay the required fee within 45 days of the due date will be considered a willful breach of this contract and may result in cancellation of the contract in accordance with the cancellation terms detailed below.

6. TERM. The term of this contract is for a period of ten (10) years. The initial term of this Agreement shall be from November 26, 2024 to and including November 26, 2034.

7. AUTOMATIC RENEWAL. On each yearly anniversary of the Effective Date of this Agreement (hereinafter referred to as the "renewal date"), one year shall be added automatically to the initial term of this Agreement, unless notice of non-renewal is given as provided in this Agreement.

8. EFFECT OF OUTSIDE FUNDS. If Owner receives funds designated for the preservation or maintenance of the Historic Property from any other public agency, this Agreement shall not be renewed except upon the vote of the City Council.

9. NOTICE OF NONRENEWAL. If in any year either the Owner or City desires not to renew this Agreement, that party shall serve written notice of nonrenewal to the other party in advance of the annual renewal date. Unless the notice is served by Owner to City at least ninety (90) days, or by City to Owner at least sixty (60) days prior to the renewal date, one year shall automatically be added to the term of the Agreement. Within fifteen (15) days of receipt by Owner of a notice of nonrenewal from the City, Owner may make a written protest. Upon receipt of such a protest the City Council shall set a hearing prior to the expiration of the renewal date of this Agreement or toll the renewal date until such hearing can reasonably held. Owner may furnish the City Council with any information which the Owner deems relevant; and shall furnish the City Council with any information it may require. At any time prior to the renewal date, City may withdraw its notice of nonrenewal.

10. EFFECT OF NOTICE NOT TO RENEW. If in any year either party serves notice of intent not to renew this Agreement, this Agreement shall remain in effect for the balance of the period 555
5 remaining since the original execution date if not yet renewed, or the last renewal date of the Agreement, as the case may be.

11. UPDATE OF IMPROVEMENT SCHEDULE. At least ninety (90) days prior to the tenth (10th) anniversary of the Effective Date of this Agreement, and ninety (90) days prior to every tenth (10th) anniversary thereafter, Owner shall provide City with an updated schedule of rehabilitation maintenance items for the City’s review and approval. Such updated schedule shall contain a list of proposed improvements and/or revisions to be accomplished during the next succeeding ten (10) years of the Agreement and a schedule for the construction of such improvements. Within thirty (30) days after the City’s receipt of said updated schedule, the City’s Director of Community Development shall either approve or disapprove such proposed schedule of proposed improvements, or shall respond in writing by stating what further information, if any, the City reasonably requires in order to determine the request complete and determine whether or not to grant the requested approval. Upon receipt of such a response, the Owner shall promptly furnish to the City such further information as may be reasonably requested.

From time to time, at the request of the City’s Director of Community Development (or his/her authorized representative), the Owner shall meet and confer with the City’s Planner for Historic Preservation or in his/her absence the Director of Community Development (or his/her designee) regarding matters arising hereunder with respect to the work and improvements and the progress in constructing the same.

12. INDEPENDENT ADVICE OF COUNSEL. The Owner, and each of them, represent and declare that in executing this Agreement he/she/they have relied solely upon his/her/their own judgment, belief and knowledge, and the advice and recommendations of his/her/their own independently selected counsel, concerning the nature, extent and duration of his/her/their rights and claims, and that he/she/they have not been influenced to any extent whatsoever in executing the same by the City or by any person representing the City.

13. ENFORCEMENT OF AGREEMENT. If the City determines the owner has breached any of the conditions of the Agreement provided for or has allowed the property to deteriorate to the point it no longer meets the standards for a qualified historical property, the City shall either cancel the Agreement or bring any action in court necessary to enforce the Agreement including, but not limited to an action to enforce the Agreement by specific performance to cure, correct or remedy any breach of the terms of this Agreement, to recover damages for any breach, or to obtain any other remedy consistent with the purpose of this Agreement. In the event of a default under the provisions of this Agreement by Owner, City shall give written notice to Owner specifying the alleged grounds for the default. Said notice shall be given by registered or certified mail addressed to the address stated in this Agreement. If such violation(s) is not corrected to the reasonable satisfaction of the City within thirty (30) days from the receipt of the notice of violation, or within such reasonable time as may be required to cure the breach or default, provided that acts to cure, correct or remedy such breach or default are commenced within thirty (30) days and thereafter diligently pursued to completion, then City may, without further notice, institute legal action.
556
6 Except as otherwise expressly stated in this Agreement, the rights and remedies of the City are cumulative, and the exercise by the City of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the Owner. Any failure or delay by the City in asserting any of its right and remedies as to a breach of any of the covenants, conditions or agreements set forth herein shall not operate as a waiver of such breach or of any such rights or remedies, or deprive the City of its right to institute and maintain any actions or proceedings which it may deem necessary to protect, assert or enforce such rights or remedies. A waiver by the City of a breach shall not be construed as a waiver of any succeeding breach of the same or other covenants, conditions or agreements set forth in this Agreement.

14. CANCELLATION. In lieu of bringing an action to enforce the Agreement City may cancel this Agreement if City determines Owner has breached any of the conditions or covenants of this Agreement or has allowed the Historic Property to deteriorate to the point that it no longer meets the standards for a qualified historical property. City may also cancel this Agreement if it determines Owner has failed to rehabilitate the Historic Property in the manner specified in this Agreement.

15. NOTICE OF CANCELLATION. This Agreement cannot be canceled until after City has given notice and has held a public hearing as required by Government Code Section 50285. Notice of the hearing shall be mailed to the last known address of each owner of property within 300 feet of the Historic Property and shall be published in accordance with Government Code Section 6061.

16. CANCELLATION FEE. If City cancels this Agreement in accordance with Section 15 above, Owner shall pay a cancellation fee of twelve and one-half percent (12-1/2%) of the current fair market value of the Historic Property at the time of cancellation. The current fair market value shall be determined by the County Assessor as though the Historic Property were free of the restriction on the Historic Property imposed pursuant to this Agreement. The cancellation fee shall be paid to the County Auditor at such time and in such manner as the County Auditor shall prescribe.

17. NOTICES. All notices required by or provided for in the Agreement shall be given in writing and may be mailed or delivered in person at the address of the respective parties as specified below or at any other address as may be later specified by the parties. Deposit of notice in the mail, postage prepaid, shall be deemed receipt of the notice.

City of Orange
Attn.: City Manager
Michael Philippi, CEO
The Hobbit Real Estate, LLC
300 E. Chapman Avenue 2405 Bonnie Brae
Orange, CA 92866 Santa Ana, CA 92706

18. NO COMPENSATION. Owner shall not receive any payment from the City in consideration of the obligations imposed under this Agreement. The Owner acknowledges and agrees that the 557
7 consideration for the execution of this Agreement is the substantial public benefit to be derived therefrom and the advantage that will accrue to Owner as a result of the effect upon the assessed value of the Historic Property on account of the restrictions on the use and preservation of the Historic Property.

19. REMEDY IF AGREEMENT HELD NOT ENFORCEABLE. In the event it is finally determined this Agreement does not constitute an enforceable restriction within the meaning of the applicable provisions of the California Government Code and the California Revenue and Taxation Code, except for an unenforceability arising from the cancellation or nonrenewal of this Agreement, then this Agreement shall be null and void and without further effect and the Historic Property subject to this Agreement shall from that time be free from any restriction whatsoever under this Agreement without any payment or further act of the parties to this Agreement.

20. ACQUISITION OF PROPERTY BY EMINENT DOMAIN; CANCELLATION OF CONTRACT; INAPPLICABILITY TO DETERMINATION OF VALUE. In the event that the Historic Property is acquired in whole or part by eminent domain or other acquisition by any entity authorized to exercise the power of eminent domain, and the acquisition is determined by the City to frustrate the purpose of the Agreement, the Agreement shall be canceled and no fee shall be imposed under Section 17, above. The Agreement shall be deemed null and void for all purposes of determining the value of the Historic Property so acquired.

If, subsequent to the filing of an action in eminent domain, the proposed condemnation is abandoned by the condemning agency, the restrictions on the use of the Historic Property included in this Agreement shall, without further agreement of the parties, be reinstituted and the terms of this Agreement shall continue in full force and effect.

21. EFFECT OF AGREEMENT. None of the terms, provisions or conditions of this Agreement shall be deemed to create a partnership between the parties hereto and any of their heirs, successors or assigns, nor shall such terms, provisions or conditions cause the parties hereto to be considered joint venturers or members of any joint enterprise.

22. SUCCESSORS AND ASSIGNS. This Agreement is binding upon and shall inure to the benefit of all successors in interest of the Owner. A successor in interest shall have the same rights and obligations under this Agreement as the original owner who entered into this Agreement.

23. REQUIREMENTS RELATED TO TRANSFER OF HISTORIC PROPERTY. In the event of any sale, transfer, assignment or conveyance of the Historic Property (herein referred to as a “Transfer”), the Owner agrees that, at least thirty (30) days prior to such Transfer, it shall give written notice to the City of such proposed Transfer, including the name(s) of the transferee(s).

In addition, the Owner and the proposed transferee(s) shall enter into and deliver to the City through the escrow for the Transfer of the Historic Property an assignment and assumption agreement in a form satisfactory to the City's Attorney or such other evidence as may be satisfactory to the City that the transferee(s) has (have) assumed the Owner's obligations set forth in this Agreement. Upon the Transfer of the Historic Property and the assumption of the 558
8 obligations hereunder by the transferee(s), the Owner's liability for performance shall be terminated as to any obligation to be performed hereunder after the date of such Transfer.

24. RECORDATION. No later than six (6) months after the parties execute and enter into this Agreement, Owner shall cause this Agreement to be recorded in the Office of the County Recorder of the County of Orange.

25. AMENDMENTS. This Agreement may be amended, in whole or in part, only by a written and recorded instrument executed by the parties hereto, except that the Director of Community Development is authorized to amend the list of required projects in Exhibit D.

26. COUNTERPARTS. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original and all of which shall constitute one and the same agreement with the same effect as if all parties had signed the same signature page. Any signature page of this Agreement may be detached from any counterpart of this Agreement and re-attached to any other counterpart of this Agreement identical in form hereto but having attached to it one or more additional signature pages.

27. ADMINISTRATION. This Agreement shall be administered by the City’s Director of Community Development (or his/her designated representative) following approval of this Agreement by the City. The City shall maintain authority of this Agreement through the City’s Director of Community Development (or his/her authorized representative). The City’s Director of Community Development shall have the authority to issue interpretations, waive provisions and enter into amendments of this Agreement on behalf of the City so long as such actions do not change the uses permitted on the Historic Property or the purpose of this Agreement. Such amendments may include extensions of time or amendments to the projects specified in Exhibit D. All other waivers or amendments shall require the written approval and consent of the City Council.
[Remainder of page intentionally left blank; signatures on next page] 559
9 IN WITNESS WHEREOF, the City and the Owner have executed this Agreement. “OWNER”
Dated: , 2024
Michael Philippi, CEO
The Hobbit Real Estate, LLC
“CITY”
CITY OF ORANGE, a municipal corporation
Dated: , 2024 By:

Daniel R. Slater
Mayor
ATTEST: APPROVED AS TO FORM:

Pamela Coleman Mike Vigliotta
City Clerk City Attorney
560
10 ACKNOWLEDGEMENT
State of California
County of ____________
On before me, ,
a Notary Public in and for the State of California, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

Signature __________________________________ (Seal)
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
561
11 EXHIBIT “A”

LEGAL DESCRIPTION OF HISTORIC PROPERTY

REAL PROPERTY IN THE CITY OF ORANGE, COUNTY OF ORANGE, STATE OF CALIFORNIA, DESCRIBED AS:

PARCEL 1: (APN: PORTION 094-552-55)
THE EAST 70.00 FEET OF THE WEST 210.00 FEET OF THE NORTH 250.00 FEET OF LOT 1, IN BLOCK “C” OF THE A. B. CHAPMAN

TRACT, IN THE CITY OF ORANGE, COUNTY OF ORANGE, STATE
OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 102, PAGE 15

OF MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY
RECORDER OF SAID COUNTY.

EXCEPT THAT PORTION INCLUDED WITHIN TRACT 4613,
RECORDED IN BOOK 165, 29, 30 AND 31 INCLUSIVE OF

MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY

RECORDER OF SAID COUNTY
PARCEL 2: (APN: PORTION 094-552-55)
THE NORTH 250.00 FEET OF THE WEST 10.00 ACRES IN LOT 1, OF BLOCK “C”, OF THE A. B. CHAPMAN TRACT, IN THE CITY OF

ORANGE, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS PER
MAP RECORDED IN BOOK 102, PAGE 15 OF MISCELLANEOUS

MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID
COUNTY.

EXCEPT THE WEST 210.00 FEET.

ALSO EXCEPT THE EAST 115.00 FEET.

ALSO EXCEPT THE SOUTH 20.00 FEET OF THE NORTH 50.00 FEET

AS CONVEYED TO THE CITY OF ORANGE BY DEED RECORDS MAY
23, 1968, IN BOON 8610, PAGE 310, OFFICIAL RECORDS.

ALSO EXCEPT THAT PORTION INCLUDED WITHIN TRACT 4613,
RECORDED IN BOOK 165, PAGES 29, 30 AND 31, INCLUSIVE OF

MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY
RECORDER OF SAID COUNTY.

[APN 094-552-55]
562
12 EXHIBIT “B”

SECRETARY OF THE INTERIOR'S STANDARDS FOR REHABILITATION

1. Every reasonable effort shall be made to provide a compatible use for a property, which requires a minimal alteration of the building structure, or site and its environment, or to use a property for its originally intended purpose.

2. The distinguishing original qualities or character of a building, structure, or site and its environment shall not be destroyed. The removal or alteration of any historic material or distinctive architectural features should be avoided when possible.

3. All buildings, structures, and sites shall be recognized as products of their own time. Alterations that have no historical basis and which seek to create an earlier appearance shall be discouraged.

4. Changes which may have taken place in the course of time are evidence of the history and development of a building, structure or site and its environment. These changes may have acquired significance in their own right, and this significance shall be recognized and respected.

5. Distinctive stylistic features or examples of skilled craftsmanship which characterize a building, structure or site shall be treated with sensitivity.

6. Deteriorated architectural features shall be repaired rather than replaced, wherever possible. In the event replacement is necessary, the new material should match the material being replaced in composition, design, color, texture, and other visual qualities. Repair or replacement of missing architectural features should be based on accurate duplications of features, substantiated by historic, physical, or pictorial evidence rather than on conjectural designs or the availability of different architectural elements from other buildings or structures.

7. The surface cleaning of structures shall be undertaken with the gentlest means possible. Sandblasting and other cleaning methods that will damage the historic building materials shall not be undertaken.

8. Every reasonable effort shall be made to protect and preserve archeological resources affected by, or adjacent to, any project.

9. Contemporary design for alterations and additions to existing properties shall not be discouraged when such alterations and additions do not destroy significant historical, architectural or cultural material, and such design is compatible with the size, scale, color, material and character of the property, neighborhood or environment.

10. Wherever possible, new additions or alterations to structures shall be done in such a manner that, if such additions or alterations were to be removed in the future, the essential form and integrity of the structure would be unimpaired.
563
13 EXHIBIT “C”

CITY OF ORANGE HISTORIC PROPERTY

MAINTENANCE STANDARDS
All buildings, structures, yards and other improvements shall be maintained in a manner which does not detract from the appearance of the immediate neighborhood. The following conditions are prohibited:

1. Dilapidated, deteriorating, or unrepaired structures, such as: fences, roofs, doors, walls and windows.

2. Publicly visible storage of scrap lumber, junk, trash or debris.

3. Publicly visible storage of abandoned, discarded or unused objects or equipment, such as automobiles, automobile parts, furniture, stoves, refrigerators, cans, containers or similar items.

4. Stagnant water or excavations, including pools or spas.

5. Any device, decoration, design, structure or vegetation that is unsightly by reason of its height, condition, or its inappropriate location.
564
EXHIBIT “D”

REHABILITATION/MAINTENANCE SCOPE OF WORK
2932 E. Chapman Avenue
Priority Description of Work Cost
Estimate Completion Date
1 Routine maintenance $4,000 Over 4 years
2 Plumbing and electrical upgrades $24,000 2029
3 Window repairs; Prioritize window
repairs in public areas first prior to
private areas.
$25,000 2030
4 Replace non-original aluminum
windows with wood. $2,000 2031
5 Repair flooring $4,000 2031
6 Balcony resurfacing $10,000 2032
7 Repaint exterior $35,000 2033
8 Re-roof building; salvage and
reinstall tile prior to putting better
water-resistant paper. Specifically
protect ridge tile because it is
unique. Patch and repair decorative
rafter tails as necessary. Add
insulation to attic.
$40,000 2034
TOTAL REHABILITATION $144,000
565
15 EXHIBIT “E”
HISTORIC PROPERTY INVENTORY FORM (DPR 523)
[Attached.]
566
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

PRIMARY RECORD

Page 1 ends

*b. USGS 7.5' Quad: Date: T R 1/4 of 1/4 of Sec B.M.
d. UTM: mE/ mN
e. Other Locational Data:

P1. Other Identifier:
*P2. Location:
c. Address: 2932 Zip: 92869
(Give more than one for large and/or linear resources)
(Describe resource and its major elements. Include design, materials, condition, alterations, size, setting, and boudnaries. Continues on Pg.3.) ; ; ;
Zone '
and (P2b and P2c or P2d. Attach a location map as necessary.) - E CHAPMAN City: Orange
*P3a. Description:
*P3b. Resource Attributes:
(List attributes and codes)
Intensive
(Describe)
(Cite survey report and other sources, or enter "none.") *Attachments: Continuation Sheet(s) Building, Structure, and Object Record (Name, affiliation, and address)
(View, date, accession #)
*P6. Date Constructed/ Age and Source:

AEGIS
*P7. Owner and Address:
*P8: Recorded by:
*P10. Survey Type:
*P11. Report Citation:

DPR 523A (1/95) *Required Information
*Resource Name or #: CHAPMAN_E_2932__APN_094-552-55
(Assigned by Recorder)
*P9. Date Recorded:

October, 1991
1931 c
Primary #
HRI #
Date:

NRHP Status Code 5S1
Trinomial ORA
Other Listings:

Review Code: Reviewer:
(HP2)--Single family property
*a. County: Orange
P5b. Description of Photo:

Unrestricted
3 *P4. Resources Present: Building Structure Object Site Element of District District Other (Isolates, etc.) Not for Publication
District Record
Photograph Record
Location Map
Artifact Record
Archaeological Record
NONE
Linear Feature Record Milling Station Record Rock Art Record Other (List):

Materials: Frame - Stucco or plaster
AVE
111 Spring St.

Claremont, CA 91711
Historic Prehistoric Both

The large, two story house is designed in the Spanish Colonial Revival style. It has a rectangular plan with the long elevation facing the street. It is clad with smooth plaster and has a red clay, mission tile, hip roof with ridge trim tiles. Heavy landscaping and plastered garden walls obscure much of the front. Visible are wood casement windows which, on the ground floor, have exposed timber lintels. There is an unde
,#
2010
Orange County Assessor Records (2010). AEGIS (1991) Historic Building Inventory Update. Heritage Orange County, Inc. (1982) Orange Historic Survey.
567
Outside 2005 survey area. DOC previously noted in 1991 Survey as:
1928.

B1. Historic Name: Unknown
B3. Original Use: RES B4. Present Use: COM
*B5. Architectural Style: Spanish Colonial Revival
*B6. Construction History: (Construction date, atlerations, and date of alterations) Date of Construction: 1931 *B9. Architect or Builder: Unknown
Period of Significance: Interwar Development (c. 1921 - 1941) *B10. Significance: Property Type: Residence
(Discuss importance in terms of historical or architectural context as defined by theme, period, and geographic scope. Also address integrity. Continues on Pg.4.) *B8. Related Features:
*B7. Moved? Date: Original Location:

Theme: Architecture Area: City of Orange
Structural Integrity: Excellent Condition
(List attributes and codes)
*Date of Evaluation: October, 1991
B11. Additional Resource Attributes:
(This space reserved for official comments.)
*B14. Evaluator: AEGIS
B13. Remarks:

State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

BUILDING, STRUCTURE, AND OBJECT RECORD
*B12. References:
*NRHP Status Code 5S1
Addition of a greenhouse room.

Primary #
HRI #
c
No Yes Unknown

Page 2 of 3 ends

(Assigned by Recorder)
Historic Prehistoric Both
B2. Common Name: The Hobbit
Applicable Criteria: AC
Orange Daily News. City Directories, L.A. County and City of Orange Section (1901, 1907 - of the age 15 years and over and Classified Business). Orange Householder's Guide (1919, 1922-1930, 1932, 1940, 1949- 1950). City Directory by Streets (1919, 1922-1930, 1932) and specific names (1940). Classified Business (1919, 1922-1930, 1932). Sanborn Maps (1909, 1922, 1950, 1954). Plat Maps (1915-1920). (Sketch Map with North arrow required.)
DPR 523B (1/95) *Required Information
Opportunities
Status change since 1991 Survey: None.

Site Integrity:
(Continues on Pg.3.)
568
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

CONTINUATION SHEET
Description of Photo:

Primary #
HRI #
Trinomial ORA
Recorded by:

Date Recorded: October, 1991
P3a. Description (Continued from Pg.1):
r roof porch on the right, front corner of the second floor which has three segmental arch openings. On the back of the building are two flat roof wings. On top of one is a greenhouse room attached to the main section. A sign on the garden wall reads "the HOBBIT".

DPR 523L (11/98) *Required Information
Continuation Update

Page 3 of 3 ends

B6. Construction History (Continued from Pg.2):

Lot Acre:

Principal Building Sqft: 2750
Planning Zone: C-1 # of Stories: 2
Years Surveyed: 1982, 1991
General Plan: GC
# of Units: 1
B13. Remarks (Continued from Pg.2):
1991
AEGIS
111 Spring St.

Claremont, CA 91711
*Resource Name or #: CHAPMAN_E_2932__APN_094-552-55
(Assigned by Recorder)
Listed in National Register:
# of Buildings: 1

569
570
571
572
573
574
575
576
1 RECORDING REQUESTED BY

AND, WHEN RECORDED,
MAIL TO:

City Clerk
City of Orange
300 E. Chapman Avenue
Orange, California, 92866
Property Address: 374 North Pine Street, Orange, CA 92866 APN: 386-133-23
Mills Act Contract Number: 458.0-24

HISTORIC PROPERTY PRESERVATION AGREEMENT
(MILLS ACT CONTRACT)
THIS HISTORIC PROPERTY PRESERVATION AGREEMENT (the “Agreement”) is made and entered into as of the date of execution by the City (herein referred to as the “Effective Date”), and is being entered into by and between the CITY OF ORANGE, a municipal corporation (“City”), and FRANCIS J. McBRIDE, III and CHERIE LUI, husband and wife, as community property (referred to herein as the “Owner”), with reference to the following:

RECITALS
WHEREAS, the Mills Act (Government Code Section 50280 et seq.) provides cities with the opportunity to contract with owners of qualified historical properties whereby the owner promises to preserve and rehabilitate the property in return for a potential reduced property tax assessment; and WHEREAS, the City of Orange has established Historic Districts consisting of the Plaza Historic District, listed in the National Register of Historic Places; the Old Towne Orange Historic District, listed in the National Register of Historic Places; the local Old Towne Orange Historic District, designated by the Orange City Council; and the local Eichler Fairhaven, Fairhills, and Fairmeadow Historic Districts, designated by the Orange City Council, and the City desires to promote the character, quality of life, and historic features of said Districts to its citizens and visitors; and
WHEREAS, the City is dedicated to the protection and stabilization of property values through maintaining and upgrading its older housing stock, through the use of incentives such as the Mills Act; and
WHEREAS, the Mills Act also has beneficial effects on City businesses, economic stability and community pride by preserving important neighborhood historic resources; and WHEREAS, the use of the Mills Act will fulfill one of the goals of the City’s 2010 General Plan Cultural Resources Element; specifically,
577
2 “Provide incentives and expand education efforts for historic preservation” (Goal 3.0, CR-22); and
WHEREAS, Owner possesses fee simple title in and to that certain real property, together with associated structures and improvements thereon, located at 374 N. Pine Street, in the City of Orange, County of Orange, State of California, having Assessor’s Parcel Number 386-133-23 and more specifically described in Exhibit A, which exhibit is attached hereto and made a part hereof (herein referred to as the “Historic Property); and
WHEREAS, the Historic Property is a qualified historical property under the Mills Act in that it is privately owned property which is not exempt from property taxation and is either:
individually designated or is a contributing property within a designated district which is listed in the National Register of Historic Places, California Register of Historical Resources or Register of Historical Landmarks, California Points of Historical Interest, or is a contributing property in a locally designated historic district; and
WHEREAS, Owner, in consideration for abiding by the terms of this Agreement shall be entitled to a reassessment of valuation of the Historic Property and any corresponding reduction in property taxes pursuant to the provisions of the California Revenue and Taxation Code; and WHEREAS, it is the City’s expectation that the Owner will use the property tax savings accrued under this Agreement for improvements to the “Historic Property” (as defined below). To that end, as a condition of renewal, the City will require a revised schedule of improvements every ten years showing a plan for improvements commensurate with the tax savings; and WHEREAS, the City and Owner for their mutual benefit, now desire to enter into this Agreement to limit the use of the Historic Property to prevent inappropriate alterations, to ensure that characteristics of historic significance are preserved and maintained in an exemplary manner, and to carry out the purposes of Article 12 (commencing with Section 50280) of Chapter 1, Part 1, Division 1 of Title 5 of the California Government Code and Article 1.9 (commencing with Section 439) of Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code.

1. APPLICABLE LAWS. This Agreement is made pursuant to California Government Code Sections 50280 through 50290 and Article 1.9 (commencing with Section 439) of Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code and is subject to all of the provisions of those statutes. To the extent any of the provisions in this Agreement are inconsistent with the aforementioned provisions of the Government and Revenue and Taxation Codes, they are superseded by those Code Sections.
578
3 2. ASSESSMENT OF VALUATION. Property tax relief afforded to Owner pursuant to Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code will be determined solely by the Orange County Office of the Assessor. City makes no representations regarding the actual tax savings any person may realize by entering into this Agreement.

4. INSPECTIONS AND ANNUAL REPORTING. Owner agrees to permit the examination, by prior appointment, of the interior and exterior of the Historic Property by the City at a minimum every five (5) years during the Contract term to determine Owner's compliance with the terms 579
4 and provisions of this Agreement. Owner agrees to provide the City with a report as to the status of the Historic Property annually within thirty (30) days following each anniversary of the Effective Date of this Agreement. The annual report shall provide substantiation reasonably satisfactory to the City’s Historic Preservation Planner or in his/her absence the Director of Community Development that Owner has completed the work required by Exhibit D for the twelve month period preceding each anniversary of this Agreement, and whether the Historic Property has undergone any changed conditions, and whether Owner has received any public funds from other sources designated for the preservation or maintenance of the Historic Property and from whom such funds have been received.

6. TERM. The term of this contract is for a period of ten (10) years. The initial term of this Agreement shall be from November 26, 2024 to and including November 26, 2034.

10. EFFECT OF NOTICE NOT TO RENEW. If in any year either party serves notice of intent not to renew this Agreement, this Agreement shall remain in effect for the balance of the period 580
5 remaining since the original execution date if not yet renewed, or the last renewal date of the Agreement, as the case may be.

13. ENFORCEMENT OF AGREEMENT. If the City determines the owner has breached any of the conditions of the Agreement provided for or has allowed the property to deteriorate to the point it no longer meets the standards for a qualified historical property, the City shall either cancel the Agreement or bring any action in court necessary to enforce the Agreement including, but not limited to an action to enforce the Agreement by specific performance to cure, correct or remedy any breach of the terms of this Agreement, to recover damages for any breach, or to obtain any other remedy consistent with the purpose of this Agreement. In the event of a default under the provisions of this Agreement by Owner, City shall give written notice to Owner specifying the alleged grounds for the default. Said notice shall be given by registered or certified mail addressed to the address stated in this Agreement. If such violation(s) is not corrected to the reasonable satisfaction of the City within thirty (30) days from the receipt of the notice of violation, or within such reasonable time as may be required to cure the breach or default, provided that acts to cure, correct or remedy such breach or default are commenced within thirty (30) days and thereafter diligently pursued to completion, then City may, without further notice, institute legal action.
581
6 Except as otherwise expressly stated in this Agreement, the rights and remedies of the City are cumulative, and the exercise by the City of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the Owner. Any failure or delay by the City in asserting any of its right and remedies as to a breach of any of the covenants, conditions or agreements set forth herein shall not operate as a waiver of such breach or of any such rights or remedies, or deprive the City of its right to institute and maintain any actions or proceedings which it may deem necessary to protect, assert or enforce such rights or remedies. A waiver by the City of a breach shall not be construed as a waiver of any succeeding breach of the same or other covenants, conditions or agreements set forth in this Agreement.

City of Orange
Attn.: City Manager
Frank McBride & Cherie Lui
300 E. Chapman Avenue 960 N. Tustin St. #415
Orange, CA 92866 Orange, CA 92867

18. NO COMPENSATION. Owner shall not receive any payment from the City in consideration of the obligations imposed under this Agreement. The Owner acknowledges and agrees that the 582
7 consideration for the execution of this Agreement is the substantial public benefit to be derived therefrom and the advantage that will accrue to Owner as a result of the effect upon the assessed value of the Historic Property on account of the restrictions on the use and preservation of the Historic Property.

In addition, the Owner and the proposed transferee(s) shall enter into and deliver to the City through the escrow for the Transfer of the Historic Property an assignment and assumption agreement in a form satisfactory to the City's Attorney or such other evidence as may be satisfactory to the City that the transferee(s) has (have) assumed the Owner's obligations set forth in this Agreement. Upon the Transfer of the Historic Property and the assumption of the 583
8 obligations hereunder by the transferee(s), the Owner's liability for performance shall be terminated as to any obligation to be performed hereunder after the date of such Transfer.

27. ADMINISTRATION. This Agreement shall be administered by the City’s Director of Community Development (or his/her designated representative) following approval of this Agreement by the City. The City shall maintain authority of this Agreement through the City’s Director of Community Development (or his/her authorized representative). The City’s Director of Community Development shall have the authority to issue interpretations, waive provisions and enter into amendments of this Agreement on behalf of the City so long as such actions do not change the uses permitted on the Historic Property or the purpose of this Agreement. Such amendments may include extensions of time or amendments to the projects specified in Exhibit D. All other waivers or amendments shall require the written approval and consent of the City Council.
[Remainder of page intentionally left blank; signatures on next page] 584
9 IN WITNESS WHEREOF, the City and the Owner have executed this Agreement. “OWNER”
Dated: , 2024
Francis J. McBride, III
______________________________
Cherie Lui
“CITY”
CITY OF ORANGE, a municipal corporation
Dated: , 2024 By:

Daniel R. Slater
Mayor
ATTEST: APPROVED AS TO FORM:

Pamela Coleman Mike Vigliotta
City Clerk City Attorney
585
10 ACKNOWLEDGEMENT
State of California
County of ____________
On before me, ,
a Notary Public in and for the State of California, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

LEGAL DESCRIPTION OF HISTORIC PROPERTY

REAL PROPERTY IN THE CITY OF ORANGE, COUNTY OF ORANGE, STATE OF CALIFORNIA, DESCRIBED AS:

LOT 14 OF BLOCK C OF TRACT WELCH AND MAROON’S IN THE

CITY OF ORANGE, COUNTY OF ORANGE, STATE OF CALIFORNIA,
AS PER MAP RECORDED IN BOOK 3, PAGE 50 OF MISCELLANEOUS

MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID
ORANGE COUNTY.
[APN 386-133-23]
587
12 EXHIBIT “B”

SECRETARY OF THE INTERIOR'S STANDARDS FOR REHABILITATION

5. Distinctive stylistic features or examples of skilled craftsmanship which characterize a building, structure or site shall be treated with sensitivity.

8. Every reasonable effort shall be made to protect and preserve archeological resources affected by, or adjacent to, any project.

CITY OF ORANGE HISTORIC PROPERTY

1. Dilapidated, deteriorating, or unrepaired structures, such as: fences, roofs, doors, walls and windows.

2. Publicly visible storage of scrap lumber, junk, trash or debris.

3. Publicly visible storage of abandoned, discarded or unused objects or equipment, such as automobiles, automobile parts, furniture, stoves, refrigerators, cans, containers or similar items.

4. Stagnant water or excavations, including pools or spas.

5. Any device, decoration, design, structure or vegetation that is unsightly by reason of its height, condition, or its inappropriate location.
589
EXHIBIT “D”

REHABILITATION/MAINTENANCE SCOPE OF WORK
374 and 378 N. Pine Street
Priority Description of Work Cost
Estimate
Completion
Date
1 Roof - replace roof on existing
house and garage $15,341.00 2025
2 Windows - replace front window
to match existing; replace broken
glass; rehabilitate wood casement
and hung sash
$22,970.00 2025
3 Front porch - restore $9,450.00 2025
4 HVAC - install minisplit system
in each unit $19,200.00 2025
5 Plumbing - Install new sewer
lines, and hot/cold water lines $17,600.00 2025
6 Electrical - Provide and install
carbon monoxide detectors,
replace existing knob and tube
$16,800.00 2025
7 Seismic Retrofit - reinforce floor
joists, replace dry rot members $3,220.00 2025
8 Siding repair - repair wood siding
on house and garage $15,000.00 2025
9 Repaint house and garage $16,900.00 2025
TOTAL REHABILITATION $136,481.00
590
15 EXHIBIT “E”
HISTORIC PROPERTY INVENTORY FORM (DPR 523)
[Attached.]
591
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

PRIMARY RECORD

Page 1 ends

*b. USGS 7.5' Quad: Date: T R 1/4 of 1/4 of Sec B.M.
d. UTM: mE/ mN
e. Other Locational Data:

P1. Other Identifier:
*P2. Location:
c. Address: 374 Zip: 92866
(Give more than one for large and/or linear resources)
(Describe resource and its major elements. Include design, materials, condition, alterations, size, setting, and boudnaries. Continues on Pg.3.) ; ; ;
Zone '
and (P2b and P2c or P2d. Attach a location map as necessary.) - 378 N PINE City: Orange
*P3a. Description:
*P3b. Resource Attributes:
(List attributes and codes)
Reconnaissance
(Describe)
(Cite survey report and other sources, or enter "none.") *Attachments: Continuation Sheet(s) Building, Structure, and Object Record (Name, affiliation, and address)
(View, date, accession #)
*P6. Date Constructed/ Age and Source:

D. Gest, P. LaValley, D.

Matsumoto
*P7. Owner and Address:
*P8: Recorded by:
*P10. Survey Type:
*P11. Report Citation:

DPR 523A (1/95) *Required Information
*Resource Name or #: PINE_N_374-378__APN_386-133-23
(Assigned by Recorder)
*P9. Date Recorded:

May, 2005
1920 c
Primary # 30-159583
HRI # 038949
Date:

NRHP Status Code 1D
Trinomial ORA
Other Listings:

Review Code: Reviewer:
(HP3)--Duplex
*a. County: Orange
P5b. Description of Photo:

Materials: Frame - Wood siding
ST
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
Historic Prehistoric Both

A single-story house built on a rectangular plan with clapboard siding and single, side-facing gable roof. Entry is beneath a small gabled portico. The presence of two doors indicate the house was built as a duplex.
,#
2005
Orange County Assessor Records (2005). Chattel Architecture (2005) Historic Resources Survey. AEGIS (1991) Historic Building Inventory Update. Heritage Orange County, Inc. (1982) Orange Historic Survey. 592
B1. Historic Name: Unknown
B3. Original Use: RES B4. Present Use: RES
*B5. Architectural Style: Bungalow
*B6. Construction History: (Construction date, atlerations, and date of alterations) Date of Construction: 1920 *B9. Architect or Builder: Unknown
Period of Significance: Old Towne: Early Settlement (c. 1870 - 1920) *B10. Significance: Property Type: Residence
(Discuss importance in terms of historical or architectural context as defined by theme, period, and geographic scope. Also address integrity. Continues on Pg.4.) *B8. Related Features:
*B7. Moved? Date: Original Location:

Theme: Architecture Area: City of Orange
Structural Integrity: Excellent Condition - No apparent change to original structure. (List attributes and codes)
*Date of Evaluation: September, 2005
B11. Additional Resource Attributes:
(This space reserved for official comments.)
*B14. Evaluator: Robert Chattel
B13. Remarks:

State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

BUILDING, STRUCTURE, AND OBJECT RECORD
*B12. References:
*NRHP Status Code 1D
Primary # 30-159583
HRI # 038949
c
No Yes Unknown

Page 2 of 3 ends

(Assigned by Recorder)
Historic Prehistoric Both
B2. Common Name:

Applicable Criteria: AC
Orange Daily News. Sanborn Maps (1922, 1950).
(Sketch Map with North arrow required.)
DPR 523B (1/95) *Required Information
Opportunities:

Status change since 1991 Survey: None.

Site Integrity:
(Continues on Pg.3.)
593
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

CONTINUATION SHEET
Description of Photo:

Primary # 30-159583
HRI # 038949
Trinomial ORA
Recorded by:

Date Recorded: May, 2005
P3a. Description (Continued from Pg.1):

DPR 523L (11/98) *Required Information
Continuation Update

Page 3 of 3 ends

B6. Construction History (Continued from Pg.2):

Lot Acre:

Principal Building Sqft: 960
Planning Zone: R-2-6 # of Stories: 1
Years Surveyed: 1982, 1991, 2005
General Plan: LDR
# of Units: 2
B13. Remarks (Continued from Pg.2):
1991
D. Gest, P. LaValley, D. Matsumoto
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
*Resource Name or #: PINE_N_374-378__APN_386-133-23
(Assigned by Recorder)
Listed in National Register: 1997
# of Buildings: 1

594
595
596
597
598
599
1 RECORDING REQUESTED BY

AND, WHEN RECORDED,
MAIL TO:

City Clerk
City of Orange
300 E. Chapman Avenue
Orange, California, 92866
Property Address: 380 S. Shaffer Street, Orange, CA 92866 APN: 390-404-13
Mills Act Contract Number: 459.0-24

HISTORIC PROPERTY PRESERVATION AGREEMENT
(MILLS ACT CONTRACT)
THIS HISTORIC PROPERTY PRESERVATION AGREEMENT (the “Agreement”) is made and entered into as of the date of execution by the City (herein referred to as the “Effective Date”), and is being entered into by and between the CITY OF ORANGE, a municipal corporation (“City”), and JASON T. CLAYTON and KRISTEN L. CLAYTON, Trustees of The Clayton Family Trust dated June 28, 2017 (referred to herein as the “Owner”), with reference to the following:

RECITALS
WHEREAS, the Mills Act (Government Code Section 50280 et seq.) provides cities with the opportunity to contract with owners of qualified historical properties whereby the owner promises to preserve and rehabilitate the property in return for a potential reduced property tax assessment; and WHEREAS, the City of Orange has established Historic Districts consisting of the Plaza Historic District, listed in the National Register of Historic Places; the Old Towne Orange Historic District, listed in the National Register of Historic Places; the local Old Towne Orange Historic District, designated by the Orange City Council; and the local Eichler Fairhaven, Fairhills, and Fairmeadow Historic Districts, designated by the Orange City Council, and the City desires to promote the character, quality of life, and historic features of said Districts to its citizens and visitors; and
WHEREAS, the City is dedicated to the protection and stabilization of property values through maintaining and upgrading its older housing stock, through the use of incentives such as the Mills Act; and
WHEREAS, the Mills Act also has beneficial effects on City businesses, economic stability and community pride by preserving important neighborhood historic resources; and WHEREAS, the use of the Mills Act will fulfill one of the goals of the City’s 2010 General Plan Cultural Resources Element; specifically,
600
2 “Provide incentives and expand education efforts for historic preservation” (Goal 3.0, CR-22); and
WHEREAS, Owner possesses fee simple title in and to that certain real property, together with associated structures and improvements thereon, located at 380 S. Shaffer Street, in the City of Orange, County of Orange, State of California, having Assessor’s Parcel Number 390-404-13 and more specifically described in Exhibit A, which exhibit is attached hereto and made a part hereof (herein referred to as the “Historic Property); and
WHEREAS, the Historic Property is a qualified historical property under the Mills Act in that it is privately owned property which is not exempt from property taxation and is either:
individually designated or is a contributing property within a designated district which is listed in the National Register of Historic Places, California Register of Historical Resources or Register of Historical Landmarks, California Points of Historical Interest, or is a contributing property in a locally designated historic district; and
WHEREAS, Owner, in consideration for abiding by the terms of this Agreement shall be entitled to a reassessment of valuation of the Historic Property and any corresponding reduction in property taxes pursuant to the provisions of the California Revenue and Taxation Code; and WHEREAS, it is the City’s expectation that the Owner will use the property tax savings accrued under this Agreement for improvements to the “Historic Property” (as defined below). To that end, as a condition of renewal, the City will require a revised schedule of improvements every ten years showing a plan for improvements commensurate with the tax savings; and WHEREAS, the City and Owner for their mutual benefit, now desire to enter into this Agreement to limit the use of the Historic Property to prevent inappropriate alterations, to ensure that characteristics of historic significance are preserved and maintained in an exemplary manner, and to carry out the purposes of Article 12 (commencing with Section 50280) of Chapter 1, Part 1, Division 1 of Title 5 of the California Government Code and Article 1.9 (commencing with Section 439) of Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code.

1. APPLICABLE LAWS. This Agreement is made pursuant to California Government Code Sections 50280 through 50290 and Article 1.9 (commencing with Section 439) of Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code and is subject to all of the provisions of those statutes. To the extent any of the provisions in this Agreement are inconsistent with the aforementioned provisions of the Government and Revenue and Taxation Codes, they are superseded by those Code Sections.
601
3 2. ASSESSMENT OF VALUATION. Property tax relief afforded to Owner pursuant to Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code will be determined solely by the Orange County Office of the Assessor. City makes no representations regarding the actual tax savings any person may realize by entering into this Agreement.

4. INSPECTIONS AND ANNUAL REPORTING. Owner agrees to permit the examination, by prior appointment, of the interior and exterior of the Historic Property by the City at a minimum every five (5) years during the Contract term to determine Owner's compliance with the terms 602
4 and provisions of this Agreement. Owner agrees to provide the City with a report as to the status of the Historic Property annually within thirty (30) days following each anniversary of the Effective Date of this Agreement. The annual report shall provide substantiation reasonably satisfactory to the City’s Historic Preservation Planner or in his/her absence the Director of Community Development that Owner has completed the work required by Exhibit D for the twelve month period preceding each anniversary of this Agreement, and whether the Historic Property has undergone any changed conditions, and whether Owner has received any public funds from other sources designated for the preservation or maintenance of the Historic Property and from whom such funds have been received.

6. TERM. The term of this contract is for a period of ten (10) years. The initial term of this Agreement shall be from November 26, 2024 to and including November 26, 2034.

10. EFFECT OF NOTICE NOT TO RENEW. If in any year either party serves notice of intent not to renew this Agreement, this Agreement shall remain in effect for the balance of the period 603
5 remaining since the original execution date if not yet renewed, or the last renewal date of the Agreement, as the case may be.

13. ENFORCEMENT OF AGREEMENT. If the City determines the owner has breached any of the conditions of the Agreement provided for or has allowed the property to deteriorate to the point it no longer meets the standards for a qualified historical property, the City shall either cancel the Agreement or bring any action in court necessary to enforce the Agreement including, but not limited to an action to enforce the Agreement by specific performance to cure, correct or remedy any breach of the terms of this Agreement, to recover damages for any breach, or to obtain any other remedy consistent with the purpose of this Agreement. In the event of a default under the provisions of this Agreement by Owner, City shall give written notice to Owner specifying the alleged grounds for the default. Said notice shall be given by registered or certified mail addressed to the address stated in this Agreement. If such violation(s) is not corrected to the reasonable satisfaction of the City within thirty (30) days from the receipt of the notice of violation, or within such reasonable time as may be required to cure the breach or default, provided that acts to cure, correct or remedy such breach or default are commenced within thirty (30) days and thereafter diligently pursued to completion, then City may, without further notice, institute legal action.
604
6 Except as otherwise expressly stated in this Agreement, the rights and remedies of the City are cumulative, and the exercise by the City of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the Owner. Any failure or delay by the City in asserting any of its right and remedies as to a breach of any of the covenants, conditions or agreements set forth herein shall not operate as a waiver of such breach or of any such rights or remedies, or deprive the City of its right to institute and maintain any actions or proceedings which it may deem necessary to protect, assert or enforce such rights or remedies. A waiver by the City of a breach shall not be construed as a waiver of any succeeding breach of the same or other covenants, conditions or agreements set forth in this Agreement.

City of Orange
Attn.: City Manager
Jason T. Clayton & Kristen L. Clayton,
Trustees of the Clayton Family Trust
Dated June 28, 2017
300 E. Chapman Avenue 380 S. Shaffer Street
Orange, CA 92866 Orange, CA 92866
605
7 18. NO COMPENSATION. Owner shall not receive any payment from the City in consideration of the obligations imposed under this Agreement. The Owner acknowledges and agrees that the consideration for the execution of this Agreement is the substantial public benefit to be derived therefrom and the advantage that will accrue to Owner as a result of the effect upon the assessed value of the Historic Property on account of the restrictions on the use and preservation of the Historic Property.

In addition, the Owner and the proposed transferee(s) shall enter into and deliver to the City through the escrow for the Transfer of the Historic Property an assignment and assumption agreement in a form satisfactory to the City's Attorney or such other evidence as may be 606
8 satisfactory to the City that the transferee(s) has (have) assumed the Owner's obligations set forth in this Agreement. Upon the Transfer of the Historic Property and the assumption of the obligations hereunder by the transferee(s), the Owner's liability for performance shall be terminated as to any obligation to be performed hereunder after the date of such Transfer.

27. ADMINISTRATION. This Agreement shall be administered by the City’s Director of Community Development (or his/her designated representative) following approval of this Agreement by the City. The City shall maintain authority of this Agreement through the City’s Director of Community Development (or his/her authorized representative). The City’s Director of Community Development shall have the authority to issue interpretations, waive provisions and enter into amendments of this Agreement on behalf of the City so long as such actions do not change the uses permitted on the Historic Property or the purpose of this Agreement. Such amendments may include extensions of time or amendments to the projects specified in Exhibit D. All other waivers or amendments shall require the written approval and consent of the City Council.
[Remainder of page intentionally left blank; signatures on next page] 607
9 IN WITNESS WHEREOF, the City and the Owner have executed this Agreement. “OWNER”
Dated: , 2024
Jason T. Clayton
______________________________
Kristen L. Clayton
“CITY”
CITY OF ORANGE, a municipal corporation
Dated: , 2024 By:

Daniel R. Slater
Mayor
ATTEST: APPROVED AS TO FORM:

Pamela Coleman Mike Vigliotta
City Clerk City Attorney
608
10 ACKNOWLEDGEMENT
State of California
County of ____________
On before me, ,
a Notary Public in and for the State of California, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

LEGAL DESCRIPTION OF HISTORIC PROPERTY

REAL PROPERTY IN THE CITY OF ORANGE, COUNTY OF ORANGE, STATE OF CALIFORNIA, DESCRIBED AS:

LOT 22 IN BLOCK B OF TRACT GEORGE ACHISON’S SUBDIVISION

RICHLAND FARM LOTS, IN THE CITY OF ORANGE, COUNTY OF

ORANGE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN
BOOK 3, PAGE 49 OF MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID ORANGE COUNTY.
[APN 390-404-13]
610
12 EXHIBIT “B”

SECRETARY OF THE INTERIOR'S STANDARDS FOR REHABILITATION

5. Distinctive stylistic features or examples of skilled craftsmanship which characterize a building, structure or site shall be treated with sensitivity.

8. Every reasonable effort shall be made to protect and preserve archeological resources affected by, or adjacent to, any project.

CITY OF ORANGE HISTORIC PROPERTY

1. Dilapidated, deteriorating, or unrepaired structures, such as: fences, roofs, doors, walls and windows.

2. Publicly visible storage of scrap lumber, junk, trash or debris.

3. Publicly visible storage of abandoned, discarded or unused objects or equipment, such as automobiles, automobile parts, furniture, stoves, refrigerators, cans, containers or similar items.

4. Stagnant water or excavations, including pools or spas.

5. Any device, decoration, design, structure or vegetation that is unsightly by reason of its height, condition, or its inappropriate location.
612
EXHIBIT “D”

REHABILITATION/MAINTENANCE SCOPE OF WORK
380 S. Shaffer Street
Priority Description of
Work
Cost
Estimate
Completion
Date
1 Remove/replace
wood on front porch
to bring it to normal
height
$3,500 2024
2 Remove soil built up
next to foundation to
keep water out of
crawlspace
$5,000 2025
3 Repair 2 post/pier
systems down the
middle of the house.

Seismic retrofit with
cripple walls. Other
general foundation
repairs.
$27,000 2026
4 Repair northeast
corner of the porch $4,000 2027
5 Replace basement
entrance doors $5,000 2028
6 Repair windows to
shed water properly $1,000 2028
7 Replace water heater $6,500 2029
8 Replace aluminum
window screens with
wood screens.

Replace wood screen
door.
$6,000 2030
9 Repair ornate rafter
tails $2,000 2034
10 Repair wood siding
and replace as
needed
$6,000 2034
613
11 Exterior paint $9,000 2034
12 Replace HVAC
system $20,000 2034
TOTAL REHABILITAIION COST $95,000
614
15 EXHIBIT “E”
HISTORIC PROPERTY INVENTORY FORM (DPR 523)
[Attached.]
615
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

PRIMARY RECORD

Page 1 ends

*b. USGS 7.5' Quad: Date: T R 1/4 of 1/4 of Sec B.M.
d. UTM: mE/ mN
e. Other Locational Data:

P1. Other Identifier:
*P2. Location:
c. Address: 380 Zip: 92866
(Give more than one for large and/or linear resources)
(Describe resource and its major elements. Include design, materials, condition, alterations, size, setting, and boudnaries. Continues on Pg.3.) ; ; ;
Zone '
and (P2b and P2c or P2d. Attach a location map as necessary.) - S SHAFFER City: Orange
*P3a. Description:
*P3b. Resource Attributes:
(List attributes and codes)
Reconnaissance
(Describe)
(Cite survey report and other sources, or enter "none.") *Attachments: Continuation Sheet(s) Building, Structure, and Object Record (Name, affiliation, and address)
(View, date, accession #)
*P6. Date Constructed/ Age and Source:

D. Gest, P. LaValley, D.

Matsumoto
*P7. Owner and Address:
*P8: Recorded by:
*P10. Survey Type:
*P11. Report Citation:

DPR 523A (1/95) *Required Information
*Resource Name or #: SHAFFER_S_380__APN_390-404-13
(Assigned by Recorder)
*P9. Date Recorded:

April, 2005
1910
Primary # 30-159198
HRI # 038564
Date:

NRHP Status Code 1D
Trinomial ORA
Other Listings:

Review Code: Reviewer:
(HP2)--Single family property
*a. County: Orange
P5b. Description of Photo:

Materials: Frame - Wood siding
ST
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
Historic Prehistoric Both

A single-story clapboard bungalow with double, front-facing gable roof. The forwardmost gable forms the entry porch overhang and is supported by slim tapered piers. Triangular bracket supports grace the eaves; the upper gable faces are defined by louvered attic venting. ,#
2005
Orange County Assessor Records (2005). Chattel Architecture (2005) Historic Resources Survey. AEGIS (1991) Historic Building Inventory Update. Heritage Orange County, Inc. (1982) Orange Historic Survey. 616
B1. Historic Name: Unknown
B3. Original Use: RES B4. Present Use: RES
*B5. Architectural Style: Craftsman Bungalow
*B6. Construction History: (Construction date, atlerations, and date of alterations) Date of Construction: 1910 *B9. Architect or Builder: Unknown
Period of Significance: Old Towne: Early Settlement (c. 1870 - 1920) *B10. Significance: Property Type: Residence
(Discuss importance in terms of historical or architectural context as defined by theme, period, and geographic scope. Also address integrity. Continues on Pg.4.) *B8. Related Features:
*B7. Moved? Date: Original Location:

Theme: Architecture Area: City of Orange
Structural Integrity: Fair Condition - Minor and reversible or appropriate changes to original structure. (List attributes and codes)
*Date of Evaluation: September, 2005
B11. Additional Resource Attributes:
(This space reserved for official comments.)
*B14. Evaluator: Robert Chattel
B13. Remarks:

State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

BUILDING, STRUCTURE, AND OBJECT RECORD
*B12. References:
*NRHP Status Code 1D
Primary # 30-159198
HRI # 038564
No Yes Unknown

Page 2 of 3 ends

(Assigned by Recorder)
Historic Prehistoric Both
B2. Common Name:

Applicable Criteria: AC
Orange Daily News.
(Sketch Map with North arrow required.)
DPR 523B (1/95) *Required Information
Opportunities:

Status change since 1991 Survey: None.

Site Integrity:
(Continues on Pg.3.)
617
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

CONTINUATION SHEET
Description of Photo:

Primary # 30-159198
HRI # 038564
Trinomial ORA
Recorded by:

Date Recorded: April, 2005
P3a. Description (Continued from Pg.1):

DPR 523L (11/98) *Required Information
Continuation Update

Page 3 of 3 ends

B6. Construction History (Continued from Pg.2):

Lot Acre: 0.1431
Principal Building Sqft: 1189
Planning Zone: R-2-6 # of Stories: 1
Years Surveyed: 1982, 1991, 2005
General Plan: LDR
# of Units: 1
B13. Remarks (Continued from Pg.2):
1991
D. Gest, P. LaValley, D. Matsumoto
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
*Resource Name or #: SHAFFER_S_380__APN_390-404-13
(Assigned by Recorder)
Listed in National Register: 1997
# of Buildings: 1

618
619
620
621
622
623
624
625
626
627
628
629
630
631
632
633
634
635
636
637
638
639
640
1 RECORDING REQUESTED BY

AND, WHEN RECORDED,
MAIL TO:

City Clerk
City of Orange
300 E. Chapman Avenue
Orange, California, 92866
Property Address: 362 S. Shaffer Street, Orange, CA 92866 APN: 390-404-16
Mills Act Contract Number: 460.0-24

HISTORIC PROPERTY PRESERVATION AGREEMENT
(MILLS ACT CONTRACT)
THIS HISTORIC PROPERTY PRESERVATION AGREEMENT (the “Agreement”) is made and entered into as of the date of execution by the City (herein referred to as the “Effective Date”), and is being entered into by and between the CITY OF ORANGE, a municipal corporation (“City”), and AUSTIN J. MUCKENTHALER, a Single Man and CHRISTY MECXIN, a Single Woman as Joint Tenants (referred to herein as the “Owner”), with reference to the following:

RECITALS
WHEREAS, the Mills Act (Government Code Section 50280 et seq.) provides cities with the opportunity to contract with owners of qualified historical properties whereby the owner promises to preserve and rehabilitate the property in return for a potential reduced property tax assessment; and WHEREAS, the City of Orange has established Historic Districts consisting of the Plaza Historic District, listed in the National Register of Historic Places; the Old Towne Orange Historic District, listed in the National Register of Historic Places; the local Old Towne Orange Historic District, designated by the Orange City Council; and the local Eichler Fairhaven, Fairhills, and Fairmeadow Historic Districts, designated by the Orange City Council, and the City desires to promote the character, quality of life, and historic features of said Districts to its citizens and visitors; and
WHEREAS, the City is dedicated to the protection and stabilization of property values through maintaining and upgrading its older housing stock, through the use of incentives such as the Mills Act; and
WHEREAS, the Mills Act also has beneficial effects on City businesses, economic stability and community pride by preserving important neighborhood historic resources; and WHEREAS, the use of the Mills Act will fulfill one of the goals of the City’s 2010 General Plan Cultural Resources Element; specifically,
641
2 “Provide incentives and expand education efforts for historic preservation” (Goal 3.0, CR-22); and
WHEREAS, Owner possesses fee simple title in and to that certain real property, together with associated structures and improvements thereon, located at 362 S. Shaffer Street, in the City of Orange, County of Orange, State of California, having Assessor’s Parcel Number 390-404-16 and more specifically described in Exhibit A, which exhibit is attached hereto and made a part hereof (herein referred to as the “Historic Property); and
WHEREAS, the Historic Property is a qualified historical property under the Mills Act in that it is privately owned property which is not exempt from property taxation and is either:
individually designated or is a contributing property within a designated district which is listed in the National Register of Historic Places, California Register of Historical Resources or Register of Historical Landmarks, California Points of Historical Interest, or is a contributing property in a locally designated historic district; and
WHEREAS, Owner, in consideration for abiding by the terms of this Agreement shall be entitled to a reassessment of valuation of the Historic Property and any corresponding reduction in property taxes pursuant to the provisions of the California Revenue and Taxation Code; and WHEREAS, it is the City’s expectation that the Owner will use the property tax savings accrued under this Agreement for improvements to the “Historic Property” (as defined below). To that end, as a condition of renewal, the City will require a revised schedule of improvements every ten years showing a plan for improvements commensurate with the tax savings; and WHEREAS, the City and Owner for their mutual benefit, now desire to enter into this Agreement to limit the use of the Historic Property to prevent inappropriate alterations, to ensure that characteristics of historic significance are preserved and maintained in an exemplary manner, and to carry out the purposes of Article 12 (commencing with Section 50280) of Chapter 1, Part 1, Division 1 of Title 5 of the California Government Code and Article 1.9 (commencing with Section 439) of Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code.

1. APPLICABLE LAWS. This Agreement is made pursuant to California Government Code Sections 50280 through 50290 and Article 1.9 (commencing with Section 439) of Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code and is subject to all of the provisions of those statutes. To the extent any of the provisions in this Agreement are inconsistent with the aforementioned provisions of the Government and Revenue and Taxation Codes, they are superseded by those Code Sections.
642
3 2. ASSESSMENT OF VALUATION. Property tax relief afforded to Owner pursuant to Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code will be determined solely by the Orange County Office of the Assessor. City makes no representations regarding the actual tax savings any person may realize by entering into this Agreement.

4. INSPECTIONS AND ANNUAL REPORTING. Owner agrees to permit the examination, by prior appointment, of the interior and exterior of the Historic Property by the City at a minimum every five (5) years during the Contract term to determine Owner's compliance with the terms 643
4 and provisions of this Agreement. Owner agrees to provide the City with a report as to the status of the Historic Property annually within thirty (30) days following each anniversary of the Effective Date of this Agreement. The annual report shall provide substantiation reasonably satisfactory to the City’s Historic Preservation Planner or in his/her absence the Director of Community Development that Owner has completed the work required by Exhibit D for the twelve month period preceding each anniversary of this Agreement, and whether the Historic Property has undergone any changed conditions, and whether Owner has received any public funds from other sources designated for the preservation or maintenance of the Historic Property and from whom such funds have been received.

6. TERM. The term of this contract is for a period of ten (10) years. The initial term of this Agreement shall be from November 26, 2024 to and including November 26, 2034.

10. EFFECT OF NOTICE NOT TO RENEW. If in any year either party serves notice of intent not to renew this Agreement, this Agreement shall remain in effect for the balance of the period 644
5 remaining since the original execution date if not yet renewed, or the last renewal date of the Agreement, as the case may be.

13. ENFORCEMENT OF AGREEMENT. If the City determines the owner has breached any of the conditions of the Agreement provided for or has allowed the property to deteriorate to the point it no longer meets the standards for a qualified historical property, the City shall either cancel the Agreement or bring any action in court necessary to enforce the Agreement including, but not limited to an action to enforce the Agreement by specific performance to cure, correct or remedy any breach of the terms of this Agreement, to recover damages for any breach, or to obtain any other remedy consistent with the purpose of this Agreement. In the event of a default under the provisions of this Agreement by Owner, City shall give written notice to Owner specifying the alleged grounds for the default. Said notice shall be given by registered or certified mail addressed to the address stated in this Agreement. If such violation(s) is not corrected to the reasonable satisfaction of the City within thirty (30) days from the receipt of the notice of violation, or within such reasonable time as may be required to cure the breach or default, provided that acts to cure, correct or remedy such breach or default are commenced within thirty (30) days and thereafter diligently pursued to completion, then City may, without further notice, institute legal action.
645
6 Except as otherwise expressly stated in this Agreement, the rights and remedies of the City are cumulative, and the exercise by the City of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the Owner. Any failure or delay by the City in asserting any of its right and remedies as to a breach of any of the covenants, conditions or agreements set forth herein shall not operate as a waiver of such breach or of any such rights or remedies, or deprive the City of its right to institute and maintain any actions or proceedings which it may deem necessary to protect, assert or enforce such rights or remedies. A waiver by the City of a breach shall not be construed as a waiver of any succeeding breach of the same or other covenants, conditions or agreements set forth in this Agreement.

City of Orange
Attn.: City Manager
Austin Muckenthaler & Christy Mecxin
300 E. Chapman Avenue 362 S. Shaffer Street
Orange, CA 92866 Orange, CA 92866

18. NO COMPENSATION. Owner shall not receive any payment from the City in consideration of the obligations imposed under this Agreement. The Owner acknowledges and agrees that the 646
7 consideration for the execution of this Agreement is the substantial public benefit to be derived therefrom and the advantage that will accrue to Owner as a result of the effect upon the assessed value of the Historic Property on account of the restrictions on the use and preservation of the Historic Property.

In addition, the Owner and the proposed transferee(s) shall enter into and deliver to the City through the escrow for the Transfer of the Historic Property an assignment and assumption agreement in a form satisfactory to the City's Attorney or such other evidence as may be satisfactory to the City that the transferee(s) has (have) assumed the Owner's obligations set forth in this Agreement. Upon the Transfer of the Historic Property and the assumption of the 647
8 obligations hereunder by the transferee(s), the Owner's liability for performance shall be terminated as to any obligation to be performed hereunder after the date of such Transfer.

27. ADMINISTRATION. This Agreement shall be administered by the City’s Director of Community Development (or his/her designated representative) following approval of this Agreement by the City. The City shall maintain authority of this Agreement through the City’s Director of Community Development (or his/her authorized representative). The City’s Director of Community Development shall have the authority to issue interpretations, waive provisions and enter into amendments of this Agreement on behalf of the City so long as such actions do not change the uses permitted on the Historic Property or the purpose of this Agreement. Such amendments may include extensions of time or amendments to the projects specified in Exhibit D. All other waivers or amendments shall require the written approval and consent of the City Council.
[Remainder of page intentionally left blank; signatures on next page] 648
9 IN WITNESS WHEREOF, the City and the Owner have executed this Agreement. “OWNER”
Dated: , 2024
Austin J. Muckenthaler
______________________________
Christy Mecxin
“CITY”
CITY OF ORANGE, a municipal corporation
Dated: , 2024 By:

Daniel R. Slater
Mayor
ATTEST: APPROVED AS TO FORM:

Pamela Coleman Mike Vigliotta
City Clerk City Attorney
649
10 ACKNOWLEDGEMENT
State of California
County of ____________
On before me, ,
a Notary Public in and for the State of California, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

LEGAL DESCRIPTION OF HISTORIC PROPERTY

REAL PROPERTY IN THE CITY OF ORANGE, COUNTY OF ORANGE, STATE OF CALIFORNIA, DESCRIBED AS:

LOT 19 IN BLOCK B OF GEORGE ACHISON’S SUBDIVISION OF
RICHLAND FARMS LOT NOS. 41 AND 42 IN THE CITY OF ORANGE,

COUNTY OF ORANGE, STATE OF CALIFORNIA, AS PER MAP
RECORDED IN BOOK 3, PAGE 49 OF MISCELLANEOUS MAPS, IN

THE OFFICE OF THE COUNTY RECORDER OF SAID ORANGE
COUNTY.
[APN 390-404-16]
651
12 EXHIBIT “B”

SECRETARY OF THE INTERIOR'S STANDARDS FOR REHABILITATION

5. Distinctive stylistic features or examples of skilled craftsmanship which characterize a building, structure or site shall be treated with sensitivity.

8. Every reasonable effort shall be made to protect and preserve archeological resources affected by, or adjacent to, any project.

CITY OF ORANGE HISTORIC PROPERTY

1. Dilapidated, deteriorating, or unrepaired structures, such as: fences, roofs, doors, walls and windows.

2. Publicly visible storage of scrap lumber, junk, trash or debris.

3. Publicly visible storage of abandoned, discarded or unused objects or equipment, such as automobiles, automobile parts, furniture, stoves, refrigerators, cans, containers or similar items.

4. Stagnant water or excavations, including pools or spas.

5. Any device, decoration, design, structure or vegetation that is unsightly by reason of its height, condition, or its inappropriate location.
653
EXHIBIT “D”

REHABILITATION/MAINTENANCE SCOPE OF WORK
362 S. Shaffer Street
Priority Description of Work Cost
Estimate
Completion
Date
1 WINDOWS: Window
repair and restoration: 20 of
the home's historic double
hung windows are currently
inoperable and in need of
repair.
$6,000 2024
2 ELECTRICAL: Update
electrical. The house has
seen occasionally electrical
updating from knob and
tube to modern wiring,
however work prior to our
ownership was not
permitted, and a full rewire
was not accomplished.
$8,000 2025
3 ROOF: Roof replacement
with historic materials. The
roof has not been repaired
in many years. Asphalt
shingles are near their
useful life, risking the
structure. Insulation would
help prevent the further
deterioration of the
structure.
$40,000 2027
654
4 SIDING: Historic clapboard
siding was covered up in
the 1950s or 1960s by
asbestos comment shingles.

Work would remove the
shingles and repair and
restore the existing historic
clapboard that exists
underneath. Home would
also be painted an
appropriate color.
$30,000 2029
5 PORCH: Restore porch to
historic character. Currently
the porch has stuccoed
elements and cracked
concrete that are in
disrepair. Porch also lacks a
historic balustrade.
$4,000 2031
6 DRIVEWAY: Historic
ribbon driveway is in need
of concrete repair in many
areas
$6,000 2032
7 GARAGE: Historic
detached garage is in need
of substantial repair as the
walls have been exposed to
the elements for a century.

Framing is progressively
declining and without
mitigation may sag or fail.
$25,000 2034
TOTAL REHABILITATION COST $119,000
655
15 EXHIBIT “E”
HISTORIC PROPERTY INVENTORY FORM (DPR 523)
[Attached.]
656
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

PRIMARY RECORD

Page 1 ends

*b. USGS 7.5' Quad: Date: T R 1/4 of 1/4 of Sec B.M.
d. UTM: mE/ mN
e. Other Locational Data:

P1. Other Identifier:
*P2. Location:
c. Address: 362 Zip: 92866
(Give more than one for large and/or linear resources)
(Describe resource and its major elements. Include design, materials, condition, alterations, size, setting, and boudnaries. Continues on Pg.3.) ; ; ;
Zone '
and (P2b and P2c or P2d. Attach a location map as necessary.) - S SHAFFER City: Orange
*P3a. Description:
*P3b. Resource Attributes:
(List attributes and codes)
Reconnaissance
(Describe)
(Cite survey report and other sources, or enter "none.") *Attachments: Continuation Sheet(s) Building, Structure, and Object Record (Name, affiliation, and address)
(View, date, accession #)
*P6. Date Constructed/ Age and Source:

D. Gest, P. LaValley, D.

Matsumoto
*P7. Owner and Address:
*P8: Recorded by:
*P10. Survey Type:
*P11. Report Citation:

DPR 523A (1/95) *Required Information
*Resource Name or #: SHAFFER_S_362__APN_390-404-16
(Assigned by Recorder)
*P9. Date Recorded:

April, 2005
1920
Primary # 30-159194
HRI # 038560
Date:

NRHP Status Code 1D
Trinomial ORA
Other Listings:

Review Code: Reviewer:
(HP2)--Single family property
*a. County: Orange
P5b. Description of Photo:

Materials: Frame - Wood siding
ST
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
Historic Prehistoric Both

A single-story bungalow once of clapboard, now covered by asbestos siding. A multi-gable roof with parallel, front-facing gables define the front portion of the house. The forwardmost gable forms the entry porch overhang and is supported by tapered piers. ,#
2005
Orange County Assessor Records (2005). Chattel Architecture (2005) Historic Resources Survey. AEGIS (1991) Historic Building Inventory Update. Heritage Orange County, Inc. (1982) Orange Historic Survey. 657
B1. Historic Name: Unknown
B3. Original Use: RES B4. Present Use: RES
*B5. Architectural Style: Bungalow
*B6. Construction History: (Construction date, atlerations, and date of alterations) Date of Construction: 1920 *B9. Architect or Builder: Unknown
Period of Significance: Old Towne: Early Settlement (c. 1870 - 1920) *B10. Significance: Property Type: Residence
(Discuss importance in terms of historical or architectural context as defined by theme, period, and geographic scope. Also address integrity. Continues on Pg.4.) *B8. Related Features:
*B7. Moved? Date: Original Location:

Theme: Architecture Area: City of Orange
Structural Integrity: Good Condition - Minor and reversible or appropriate changes to original structure. (List attributes and codes)
*Date of Evaluation: September, 2005
B11. Additional Resource Attributes:
(This space reserved for official comments.)
*B14. Evaluator: Robert Chattel
B13. Remarks:

State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

BUILDING, STRUCTURE, AND OBJECT RECORD
*B12. References:
*NRHP Status Code 1D
Clapboard is now covered by asbestos siding. Altered as of 2005: Siding.

Primary # 30-159194
HRI # 038560
No Yes Unknown

Page 2 of 3 ends

(Assigned by Recorder)
Historic Prehistoric Both
B2. Common Name:

Applicable Criteria: AC
Orange Daily News.
(Sketch Map with North arrow required.)
DPR 523B (1/95) *Required Information
Opportunities:

Status change since 1991 Survey: None.

Site Integrity:
(Continues on Pg.3.)
658
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

CONTINUATION SHEET
Description of Photo:

Primary # 30-159194
HRI # 038560
Trinomial ORA
Recorded by:

Date Recorded: April, 2005
P3a. Description (Continued from Pg.1):

DPR 523L (11/98) *Required Information
Continuation Update

Page 3 of 3 ends

B6. Construction History (Continued from Pg.2):

Lot Acre: 0.1563
Principal Building Sqft: 1066
Planning Zone: R-2-6 # of Stories: 1
Years Surveyed: 1982, 1991, 2005
General Plan: LDR
# of Units: 1
B13. Remarks (Continued from Pg.2):
1991
D. Gest, P. LaValley, D. Matsumoto
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
*Resource Name or #: SHAFFER_S_362__APN_390-404-16
(Assigned by Recorder)
Listed in National Register: 1997
# of Buildings: 1

659
660
661
662
663
664
665
666
667
668
669
670
671
672
673
674
1 RECORDING REQUESTED BY

AND, WHEN RECORDED,
MAIL TO:

City Clerk
City of Orange
300 E. Chapman Avenue
Orange, California, 92866
Property Address: 127 N. Grand Street, Orange, CA 92866 APN: 039-253-08
Mills Act Contract Number: 461.0-24

HISTORIC PROPERTY PRESERVATION AGREEMENT
(MILLS ACT CONTRACT)
THIS HISTORIC PROPERTY PRESERVATION AGREEMENT (the “Agreement”) is made and entered into as of the date of execution by the City (herein referred to as the “Effective Date”), and is being entered into by and between the CITY OF ORANGE, a municipal corporation (“City”), and MATTHEW PAUL THOMPSON and NATALY LAM, Husband and Wife as Community Property with Right of Survivorship (referred to herein as the “Owner”), with reference to the following:

RECITALS
WHEREAS, the Mills Act (Government Code Section 50280 et seq.) provides cities with the opportunity to contract with owners of qualified historical properties whereby the owner promises to preserve and rehabilitate the property in return for a potential reduced property tax assessment; and WHEREAS, the City of Orange has established Historic Districts consisting of the Plaza Historic District, listed in the National Register of Historic Places; the Old Towne Orange Historic District, listed in the National Register of Historic Places; the local Old Towne Orange Historic District, designated by the Orange City Council; and the local Eichler Fairhaven, Fairhills, and Fairmeadow Historic Districts, designated by the Orange City Council, and the City desires to promote the character, quality of life, and historic features of said Districts to its citizens and visitors; and
WHEREAS, the City is dedicated to the protection and stabilization of property values through maintaining and upgrading its older housing stock, through the use of incentives such as the Mills Act; and
WHEREAS, the Mills Act also has beneficial effects on City businesses, economic stability and community pride by preserving important neighborhood historic resources; and 675
2 WHEREAS, the use of the Mills Act will fulfill one of the goals of the City’s 2010 General Plan Cultural Resources Element; specifically,
“Provide incentives and expand education efforts for historic preservation” (Goal 3.0, CR-22); and
WHEREAS, Owner possesses fee simple title in and to that certain real property, together with associated structures and improvements thereon, located at 127 N. Grand Street, in the City of Orange, County of Orange, State of California, having Assessor’s Parcel Number 039-253-08 and more specifically described in Exhibit A, which exhibit is attached hereto and made a part hereof (herein referred to as the “Historic Property); and
WHEREAS, the Historic Property is a qualified historical property under the Mills Act in that it is privately owned property which is not exempt from property taxation and is either:
individually designated or is a contributing property within a designated district which is listed in the National Register of Historic Places, California Register of Historical Resources or Register of Historical Landmarks, California Points of Historical Interest, or is a contributing property in a locally designated historic district; and
WHEREAS, Owner, in consideration for abiding by the terms of this Agreement shall be entitled to a reassessment of valuation of the Historic Property and any corresponding reduction in property taxes pursuant to the provisions of the California Revenue and Taxation Code; and WHEREAS, it is the City’s expectation that the Owner will use the property tax savings accrued under this Agreement for improvements to the “Historic Property” (as defined below). To that end, as a condition of renewal, the City will require a revised schedule of improvements every ten years showing a plan for improvements commensurate with the tax savings; and WHEREAS, the City and Owner for their mutual benefit, now desire to enter into this Agreement to limit the use of the Historic Property to prevent inappropriate alterations, to ensure that characteristics of historic significance are preserved and maintained in an exemplary manner, and to carry out the purposes of Article 12 (commencing with Section 50280) of Chapter 1, Part 1, Division 1 of Title 5 of the California Government Code and Article 1.9 (commencing with Section 439) of Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code.

2. ASSESSMENT OF VALUATION. Property tax relief afforded to Owner pursuant to Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code will be determined solely by the Orange County Office of the Assessor. City makes no representations regarding the actual tax savings any person may realize by entering into this Agreement.

In addition to the foregoing, the Owner hereby agrees to and will comply with all applicable local, state, and federal statutes, regulations, rules, codes (including building codes), ordinances, and other requirements of governmental authorities now or hereafter in effect (“Applicable Laws”) pertaining to the use of the Historic Property. Owner must give the City immediate written notice on Owner’s becoming aware that the use or condition of the Historic Property is in violation of any Applicable Laws.
677
4 4. INSPECTIONS AND ANNUAL REPORTING. Owner agrees to permit the examination, by prior appointment, of the interior and exterior of the Historic Property by the City at a minimum every five (5) years during the Contract term to determine Owner's compliance with the terms and provisions of this Agreement. Owner agrees to provide the City with a report as to the status of the Historic Property annually within thirty (30) days following each anniversary of the Effective Date of this Agreement. The annual report shall provide substantiation reasonably satisfactory to the City’s Historic Preservation Planner or in his/her absence the Director of Community Development that Owner has completed the work required by Exhibit D for the twelve month period preceding each anniversary of this Agreement, and whether the Historic Property has undergone any changed conditions, and whether Owner has received any public funds from other sources designated for the preservation or maintenance of the Historic Property and from whom such funds have been received.

6. TERM. The term of this contract is for a period of ten (10) years. The initial term of this Agreement shall be from November 26, 2024 to and including November 26, 2034.

Except as otherwise expressly stated in this Agreement, the rights and remedies of the City are cumulative, and the exercise by the City of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the Owner. Any failure or delay by the City in asserting any of its right and remedies as to a breach of any of the covenants, conditions or agreements set forth herein shall not operate as a waiver of such breach or of any such rights or remedies, or deprive the City of its right to institute and maintain any actions or proceedings which it may deem necessary to protect, assert or enforce such rights or remedies. A waiver by the City of a breach shall not be construed as a waiver of any succeeding breach of the same or other covenants, conditions or agreements set forth in this Agreement.

City of Orange
Attn.: City Manager
Matthew P. Thompson and Nataly Lam
300 E. Chapman Avenue 127 N. Grand Street
Orange, CA 92866 Orange, CA 92866
680
7 18. NO COMPENSATION. Owner shall not receive any payment from the City in consideration of the obligations imposed under this Agreement. The Owner acknowledges and agrees that the consideration for the execution of this Agreement is the substantial public benefit to be derived therefrom and the advantage that will accrue to Owner as a result of the effect upon the assessed value of the Historic Property on account of the restrictions on the use and preservation of the Historic Property.

In addition, the Owner and the proposed transferee(s) shall enter into and deliver to the City through the escrow for the Transfer of the Historic Property an assignment and assumption 681
8 agreement in a form satisfactory to the City's Attorney or such other evidence as may be satisfactory to the City that the transferee(s) has (have) assumed the Owner's obligations set forth in this Agreement. Upon the Transfer of the Historic Property and the assumption of the obligations hereunder by the transferee(s), the Owner's liability for performance shall be terminated as to any obligation to be performed hereunder after the date of such Transfer.

27. ADMINISTRATION. This Agreement shall be administered by the City’s Director of Community Development (or his/her designated representative) following approval of this Agreement by the City. The City shall maintain authority of this Agreement through the City’s Director of Community Development (or his/her authorized representative). The City’s Director of Community Development shall have the authority to issue interpretations, waive provisions and enter into amendments of this Agreement on behalf of the City so long as such actions do not change the uses permitted on the Historic Property or the purpose of this Agreement. Such amendments may include extensions of time or amendments to the projects specified in Exhibit D. All other waivers or amendments shall require the written approval and consent of the City Council.
[Remainder of page intentionally left blank; signatures on next page] 682
9 IN WITNESS WHEREOF, the City and the Owner have executed this Agreement. “OWNER”
Dated: , 2024
Matthew Paul Thompson
______________________________
Nataly Lam
“CITY”
CITY OF ORANGE, a municipal corporation
Dated: , 2024 By:

Daniel R. Slater
Mayor
ATTEST: APPROVED AS TO FORM:

Pamela Coleman Mike Vigliotta
City Clerk City Attorney
683
10 ACKNOWLEDGEMENT
State of California
County of ____________
On before me, ,
a Notary Public in and for the State of California, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

LEGAL DESCRIPTION OF HISTORIC PROPERTY

REAL PROPERTY IN THE CITY OF ORANGE, COUNTY OF ORANGE, STATE OF CALIFORNIA, DESCRIBED AS:

THE NORTH 41 FEET OF LOT 1, BLOCK “A” OF THE LIBRARY

TRACT, IN THE CITY OF ORANGE, COUNTY OF ORANGE, STATE
OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 5, PAGE 21 OF

MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY

RECORDER OF SAID COUNTY
[APN 039-253-08]
685
12 EXHIBIT “B”

SECRETARY OF THE INTERIOR'S STANDARDS FOR REHABILITATION

5. Distinctive stylistic features or examples of skilled craftsmanship which characterize a building, structure or site shall be treated with sensitivity.

8. Every reasonable effort shall be made to protect and preserve archeological resources affected by, or adjacent to, any project.

CITY OF ORANGE HISTORIC PROPERTY

1. Dilapidated, deteriorating, or unrepaired structures, such as: fences, roofs, doors, walls and windows.

2. Publicly visible storage of scrap lumber, junk, trash or debris.

3. Publicly visible storage of abandoned, discarded or unused objects or equipment, such as automobiles, automobile parts, furniture, stoves, refrigerators, cans, containers or similar items.

4. Stagnant water or excavations, including pools or spas.

5. Any device, decoration, design, structure or vegetation that is unsightly by reason of its height, condition, or its inappropriate location.
687
EXHIBIT “D”

REHABILITATION/MAINTENANCE SCOPE OF WORK
127 N. Grand Street
Priority Description of Work Cost
Estimate
Completion
Date
1 Exterior painting
maintenance, shingle
repairs and trim
repairs
$5,000 2024
2 Replace galvanized
section of water main
line
$2,000 2024
3 Plumbing updates
including a partial
repipe and water
softener/filtration
systems
$3,500 2024
4 Engage structural
engineer to evaluate
foundation and
structure, and
recommendations for
retrofit work. Then,
implement
recommendations.
$15,000 2025
5 Implement treatment
recommendations
from Termite Report
$2,625 2025
6 Complete restoration
of all windows. Rehung, repair water
tightness, correct top
sections (all are
painted shut) and repaint exterior and
interior x14 windows
@ $300/window
$5,000 2026
688
7 Full exterior repaint,
refresh and repair $10,000 2027
8 Implement treatment
recommendations
from Termite Report
that had no bid,
including fungus/rot
noted in fascia,
shiplap siding, rafter
tails and blocking.
$8,000 2028
9 Repair cracking in
porch. Potentially
restore porch based
on historic
documentation.
$7,500 2030
10 Full exterior repaint,
refresh and repair $10,000 2031
TOTAL Rehabilitation $68,625
689
15 EXHIBIT “E”
HISTORIC PROPERTY INVENTORY FORM (DPR 523)
[Attached.]
690
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

PRIMARY RECORD

Page 1 ends

*b. USGS 7.5' Quad: Date: T R 1/4 of 1/4 of Sec B.M.
d. UTM: mE/ mN
e. Other Locational Data:

P1. Other Identifier:
*P2. Location:
c. Address: 127 Zip: 92866
(Give more than one for large and/or linear resources)
(Describe resource and its major elements. Include design, materials, condition, alterations, size, setting, and boudnaries. Continues on Pg.3.) ; ; ;
Zone '
and (P2b and P2c or P2d. Attach a location map as necessary.) - N GRAND City: Orange
*P3a. Description:
*P3b. Resource Attributes:
(List attributes and codes)
Reconnaissance
(Describe)
(Cite survey report and other sources, or enter "none.") *Attachments: Continuation Sheet(s) Building, Structure, and Object Record (Name, affiliation, and address)
(View, date, accession #)
*P6. Date Constructed/ Age and Source:

D. Gest, P. LaValley, D.

Matsumoto
*P7. Owner and Address:
*P8: Recorded by:
*P10. Survey Type:
*P11. Report Citation:

DPR 523A (1/95) *Required Information
*Resource Name or #: GRAND_N_127__APN_039-253-08
(Assigned by Recorder)
*P9. Date Recorded:

May, 2005
1915 c
Primary # 30-159385
HRI # 038751
Date:

NRHP Status Code 1D
Trinomial ORA
Other Listings:

Review Code: Reviewer:
(HP2)--Single family property
*a. County: Orange
P5b. Description of Photo:

Materials: Frame - Wood shingle siding
ST
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
Historic Prehistoric Both

A single-story shingled bungalow with double front-facing, gable roof. The forwardmost gable forms the entry porch overhang and is supported by wide piers with brick bases. Shingling on the house is composed of elongated, staggered butt shingles which is unusual for Orange. A large 3-part transomed window adorns the front facade.
,#
2005
Orange County Assessor Records (2005). Chattel Architecture (2005) Historic Resources Survey. AEGIS (1991) Historic Building Inventory Update. Heritage Orange County, Inc. (1982) Orange Historic Survey. 691
B1. Historic Name: Lloyd and Laura Hitchcock House
B3. Original Use: RES B4. Present Use: RES
*B5. Architectural Style: Bungalow
*B6. Construction History: (Construction date, atlerations, and date of alterations) Date of Construction: 1915 *B9. Architect or Builder: Unknown
Period of Significance: Old Towne: Early Settlement (c. 1870 - 1920) *B10. Significance: Property Type: Residence
(Discuss importance in terms of historical or architectural context as defined by theme, period, and geographic scope. Also address integrity. Continues on Pg.4.) *B8. Related Features:
*B7. Moved? Date: Original Location:

Theme: Architecture Area: City of Orange
Structural Integrity: Excellent Condition - Minor and reversible or appropriate changes to original structure. (List attributes and codes)
*Date of Evaluation: September, 2005
B11. Additional Resource Attributes:
(This space reserved for official comments.)
*B14. Evaluator: Robert Chattel
B13. Remarks:

State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

BUILDING, STRUCTURE, AND OBJECT RECORD
*B12. References:
*NRHP Status Code 1D
The house was owned as of 1919 by Lloyd and Laura Hitchcock. Mr. Hitchcock was a clerk with the Pixley Furniture Co. in town.

Primary # 30-159385
HRI # 038751
c
No Yes Unknown

Page 2 of 3 ends

(Assigned by Recorder)
Historic Prehistoric Both
B2. Common Name:

Applicable Criteria: AC
Orange Daily News.
(Sketch Map with North arrow required.)
DPR 523B (1/95) *Required Information
Opportunities:

Status change since 1991 Survey: None.

Site Integrity:
(Continues on Pg.3.)
692
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

CONTINUATION SHEET
Description of Photo:

Primary # 30-159385
HRI # 038751
Trinomial ORA
Recorded by:

Date Recorded: May, 2005
P3a. Description (Continued from Pg.1):

DPR 523L (11/98) *Required Information
Continuation Update

Page 3 of 3 ends

B6. Construction History (Continued from Pg.2):

Lot Acre: 0.0883
Principal Building Sqft: 1160
Planning Zone: OTMU-15 # of Stories: 1
Years Surveyed: 1982, 1991, 2005
General Plan: OTMIX-15
# of Units: 1
B13. Remarks (Continued from Pg.2):
1991
D. Gest, P. LaValley, D. Matsumoto
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
*Resource Name or #: GRAND_N_127__APN_039-253-08
(Assigned by Recorder)
Listed in National Register: 1997
# of Buildings: 1

693
694
695
696
697
698
699
1 RECORDING REQUESTED BY

AND, WHEN RECORDED,
MAIL TO:

City Clerk
City of Orange
300 E. Chapman Avenue
Orange, California, 92866
Property Address: 186 South Cambridge Street, Orange, CA 92866 APN: 390-444-10
Mills Act Contract Number: 462.0-24

HISTORIC PROPERTY PRESERVATION AGREEMENT
(MILLS ACT CONTRACT)
THIS HISTORIC PROPERTY PRESERVATION AGREEMENT (the “Agreement”) is made and entered into as of the date of execution by the City (herein referred to as the “Effective Date”), and is being entered into by and between the CITY OF ORANGE, a municipal corporation (“City”), and JESSE JERLING, a Married Man as His Sole and Separate Property (referred to herein as the “Owner”), with reference to the following:

RECITALS
WHEREAS, the Mills Act (Government Code Section 50280 et seq.) provides cities with the opportunity to contract with owners of qualified historical properties whereby the owner promises to preserve and rehabilitate the property in return for a potential reduced property tax assessment; and WHEREAS, the City of Orange has established Historic Districts consisting of the Plaza Historic District, listed in the National Register of Historic Places; the Old Towne Orange Historic District, listed in the National Register of Historic Places; the local Old Towne Orange Historic District, designated by the Orange City Council; and the local Eichler Fairhaven, Fairhills, and Fairmeadow Historic Districts, designated by the Orange City Council, and the City desires to promote the character, quality of life, and historic features of said Districts to its citizens and visitors; and
WHEREAS, the City is dedicated to the protection and stabilization of property values through maintaining and upgrading its older housing stock, through the use of incentives such as the Mills Act; and
WHEREAS, the Mills Act also has beneficial effects on City businesses, economic stability and community pride by preserving important neighborhood historic resources; and WHEREAS, the use of the Mills Act will fulfill one of the goals of the City’s 2010 General Plan Cultural Resources Element; specifically,
700
2 “Provide incentives and expand education efforts for historic preservation” (Goal 3.0, CR-22); and
WHEREAS, Owner possesses fee simple title in and to that certain real property, together with associated structures and improvements thereon, located at 186 S. Cambridge Street, in the City of Orange, County of Orange, State of California, having Assessor’s Parcel Number 390-444-10 and more specifically described in Exhibit A, which exhibit is attached hereto and made a part hereof (herein referred to as the “Historic Property); and
WHEREAS, the Historic Property is a qualified historical property under the Mills Act in that it is privately owned property which is not exempt from property taxation and is either:
individually designated or is a contributing property within a designated district which is listed in the National Register of Historic Places, California Register of Historical Resources or Register of Historical Landmarks, California Points of Historical Interest, or is a contributing property in a locally designated historic district; and
WHEREAS, Owner, in consideration for abiding by the terms of this Agreement shall be entitled to a reassessment of valuation of the Historic Property and any corresponding reduction in property taxes pursuant to the provisions of the California Revenue and Taxation Code; and WHEREAS, it is the City’s expectation that the Owner will use the property tax savings accrued under this Agreement for improvements to the “Historic Property” (as defined below). To that end, as a condition of renewal, the City will require a revised schedule of improvements every ten years showing a plan for improvements commensurate with the tax savings; and WHEREAS, the City and Owner for their mutual benefit, now desire to enter into this Agreement to limit the use of the Historic Property to prevent inappropriate alterations, to ensure that characteristics of historic significance are preserved and maintained in an exemplary manner, and to carry out the purposes of Article 12 (commencing with Section 50280) of Chapter 1, Part 1, Division 1 of Title 5 of the California Government Code and Article 1.9 (commencing with Section 439) of Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code.

1. APPLICABLE LAWS. This Agreement is made pursuant to California Government Code Sections 50280 through 50290 and Article 1.9 (commencing with Section 439) of Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code and is subject to all of the provisions of those statutes. To the extent any of the provisions in this Agreement are inconsistent with the aforementioned provisions of the Government and Revenue and Taxation Codes, they are superseded by those Code Sections.
701
3 2. ASSESSMENT OF VALUATION. Property tax relief afforded to Owner pursuant to Chapter 3, Part 2 of Division 1 of the California Revenue and Taxation Code will be determined solely by the Orange County Office of the Assessor. City makes no representations regarding the actual tax savings any person may realize by entering into this Agreement.

4. INSPECTIONS AND ANNUAL REPORTING. Owner agrees to permit the examination, by prior appointment, of the interior and exterior of the Historic Property by the City at a minimum every five (5) years during the Contract term to determine Owner's compliance with the terms 702
4 and provisions of this Agreement. Owner agrees to provide the City with a report as to the status of the Historic Property annually within thirty (30) days following each anniversary of the Effective Date of this Agreement. The annual report shall provide substantiation reasonably satisfactory to the City’s Historic Preservation Planner or in his/her absence the Director of Community Development that Owner has completed the work required by Exhibit D for the twelve month period preceding each anniversary of this Agreement, and whether the Historic Property has undergone any changed conditions, and whether Owner has received any public funds from other sources designated for the preservation or maintenance of the Historic Property and from whom such funds have been received.

6. TERM. The term of this contract is for a period of ten (10) years. The initial term of this Agreement shall be from November 26, 2024 to and including November 26, 2034.

10. EFFECT OF NOTICE NOT TO RENEW. If in any year either party serves notice of intent not to renew this Agreement, this Agreement shall remain in effect for the balance of the period 703
5 remaining since the original execution date if not yet renewed, or the last renewal date of the Agreement, as the case may be.

13. ENFORCEMENT OF AGREEMENT. If the City determines the owner has breached any of the conditions of the Agreement provided for or has allowed the property to deteriorate to the point it no longer meets the standards for a qualified historical property, the City shall either cancel the Agreement or bring any action in court necessary to enforce the Agreement including, but not limited to an action to enforce the Agreement by specific performance to cure, correct or remedy any breach of the terms of this Agreement, to recover damages for any breach, or to obtain any other remedy consistent with the purpose of this Agreement. In the event of a default under the provisions of this Agreement by Owner, City shall give written notice to Owner specifying the alleged grounds for the default. Said notice shall be given by registered or certified mail addressed to the address stated in this Agreement. If such violation(s) is not corrected to the reasonable satisfaction of the City within thirty (30) days from the receipt of the notice of violation, or within such reasonable time as may be required to cure the breach or default, provided that acts to cure, correct or remedy such breach or default are commenced within thirty (30) days and thereafter diligently pursued to completion, then City may, without further notice, institute legal action.
704
6 Except as otherwise expressly stated in this Agreement, the rights and remedies of the City are cumulative, and the exercise by the City of one or more of such rights or remedies shall not preclude the exercise by it, at the same or different times, of any other rights or remedies for the same default or any other default by the Owner. Any failure or delay by the City in asserting any of its right and remedies as to a breach of any of the covenants, conditions or agreements set forth herein shall not operate as a waiver of such breach or of any such rights or remedies, or deprive the City of its right to institute and maintain any actions or proceedings which it may deem necessary to protect, assert or enforce such rights or remedies. A waiver by the City of a breach shall not be construed as a waiver of any succeeding breach of the same or other covenants, conditions or agreements set forth in this Agreement.

City of Orange
Attn.: City Manager
Jesse Jerling
300 E. Chapman Avenue 186 South Cambridge Street
Orange, CA 92866 Orange, CA 92866

18. NO COMPENSATION. Owner shall not receive any payment from the City in consideration of the obligations imposed under this Agreement. The Owner acknowledges and agrees that the 705
7 consideration for the execution of this Agreement is the substantial public benefit to be derived therefrom and the advantage that will accrue to Owner as a result of the effect upon the assessed value of the Historic Property on account of the restrictions on the use and preservation of the Historic Property.

In addition, the Owner and the proposed transferee(s) shall enter into and deliver to the City through the escrow for the Transfer of the Historic Property an assignment and assumption agreement in a form satisfactory to the City's Attorney or such other evidence as may be satisfactory to the City that the transferee(s) has (have) assumed the Owner's obligations set forth in this Agreement. Upon the Transfer of the Historic Property and the assumption of the 706
8 obligations hereunder by the transferee(s), the Owner's liability for performance shall be terminated as to any obligation to be performed hereunder after the date of such Transfer.

27. ADMINISTRATION. This Agreement shall be administered by the City’s Director of Community Development (or his/her designated representative) following approval of this Agreement by the City. The City shall maintain authority of this Agreement through the City’s Director of Community Development (or his/her authorized representative). The City’s Director of Community Development shall have the authority to issue interpretations, waive provisions and enter into amendments of this Agreement on behalf of the City so long as such actions do not change the uses permitted on the Historic Property or the purpose of this Agreement. Such amendments may include extensions of time or amendments to the projects specified in Exhibit D. All other waivers or amendments shall require the written approval and consent of the City Council.
[Remainder of page intentionally left blank; signatures on next page] 707
9 IN WITNESS WHEREOF, the City and the Owner have executed this Agreement. “OWNER”
Dated: , 2024
Jesse Jerling
“CITY”
CITY OF ORANGE, a municipal corporation
Dated: , 2024 By:

Daniel R. Slater
Mayor
ATTEST: APPROVED AS TO FORM:

Pamela Coleman Mike Vigliotta
City Clerk City Attorney
708
10 ACKNOWLEDGEMENT
State of California
County of ____________
On before me, ,
a Notary Public in and for the State of California, personally appeared who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

LEGAL DESCRIPTION OF HISTORIC PROPERTY

REAL PROPERTY IN THE CITY OF ORANGE, COUNTY OF ORANGE, STATE OF CALIFORNIA, DESCRIBED AS:

LOT 10 OF THE CRADDICK HOME TRACT, AS PER MAP RECORDED
IN BOOK 4, PAGE 55 OF MISCELLANEOUS MAPS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.
[APN 390-444-10]
710
12 EXHIBIT “B”

SECRETARY OF THE INTERIOR'S STANDARDS FOR REHABILITATION

5. Distinctive stylistic features or examples of skilled craftsmanship which characterize a building, structure or site shall be treated with sensitivity.

8. Every reasonable effort shall be made to protect and preserve archeological resources affected by, or adjacent to, any project.

CITY OF ORANGE HISTORIC PROPERTY

1. Dilapidated, deteriorating, or unrepaired structures, such as: fences, roofs, doors, walls and windows.

2. Publicly visible storage of scrap lumber, junk, trash or debris.

3. Publicly visible storage of abandoned, discarded or unused objects or equipment, such as automobiles, automobile parts, furniture, stoves, refrigerators, cans, containers or similar items.

4. Stagnant water or excavations, including pools or spas.

5. Any device, decoration, design, structure or vegetation that is unsightly by reason of its height, condition, or its inappropriate location.
712
EXHIBIT “D”

REHABILITATION/MAINTENANCE SCOPE OF WORK
186 S. Cambridge Street
Priority Description of Work Cost
Estimate
Completion
Date
1 Engage a structural
engineer to evaluate the
foundation and
structure, and make
recommendations for
treatment.
$5,000 2025
2 Wood and brick
foundation repairs
according to
recommendations from
structural engineer
$12,325 2025
3 Historic windows $8,000 2026
4 Restore and reconstruct
porch $6,000 2029
5 Repair wood on
exterior and paint $11,500 2032
TOTAL REHABILITATION $42,825
713
15 EXHIBIT “E”
HISTORIC PROPERTY INVENTORY FORM (DPR 523)
[Attached.]
714
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

PRIMARY RECORD

Page 1 ends

*b. USGS 7.5' Quad: Date: T R 1/4 of 1/4 of Sec B.M.
d. UTM: mE/ mN
e. Other Locational Data:

P1. Other Identifier:
*P2. Location:
c. Address: 186 Zip: 92866
(Give more than one for large and/or linear resources)
(Describe resource and its major elements. Include design, materials, condition, alterations, size, setting, and boudnaries. Continues on Pg.3.) ; ; ;
Zone '
and (P2b and P2c or P2d. Attach a location map as necessary.) - S CAMBRIDGE City: Orange
*P3a. Description:
*P3b. Resource Attributes:
(List attributes and codes)
Reconnaissance
(Describe)
(Cite survey report and other sources, or enter "none.") *Attachments: Continuation Sheet(s) Building, Structure, and Object Record (Name, affiliation, and address)
(View, date, accession #)
*P6. Date Constructed/ Age and Source:

D. Gest, P. LaValley, D.

Matsumoto
*P7. Owner and Address:
*P8: Recorded by:
*P10. Survey Type:
*P11. Report Citation:

DPR 523A (1/95) *Required Information
*Resource Name or #: CAMBRIDGE_S_186__APN_390-444-10
(Assigned by Recorder)
*P9. Date Recorded:

April, 2005
1910 c
Primary # 30-158925
HRI # 038291
Date:

NRHP Status Code 1D
Trinomial ORA
Other Listings:

Review Code: Reviewer:
(HP2)--Single family property
*a. County: Orange
P5b. Description of Photo:

Materials: Frame - Wood siding
ST
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
Historic Prehistoric Both

This single-story clapboard house with hipped roof and small gabled roof dormer on the front has undergone some modifications as of the time the front porch was enclosed. This was orignially probably a full-width porch supported by Classical columns.
,#
2005
Orange County Assessor Records (2005). Chattel Architecture (2005) Historic Resources Survey. AEGIS (1991) Historic Building Inventory Update.
715
Style previously noted in 1991 Survey as: Classic Revival.

B1. Historic Name: Unknown
B3. Original Use: RES B4. Present Use: RES
*B5. Architectural Style: Hip Roof Cottage
*B6. Construction History: (Construction date, atlerations, and date of alterations) Date of Construction: 1910 *B9. Architect or Builder: Unknown
Period of Significance: Old Towne: Early Settlement (c. 1870 - 1920) *B10. Significance: Property Type: Residence
(Discuss importance in terms of historical or architectural context as defined by theme, period, and geographic scope. Also address integrity. Continues on Pg.4.) *B8. Related Features:
*B7. Moved? Date: Original Location:

Theme: Architecture Area: City of Orange
Structural Integrity: Fair Condition - A collection of minor, inappropriate changes to original structure. (List attributes and codes)
*Date of Evaluation: September, 2005
B11. Additional Resource Attributes:
(This space reserved for official comments.)
*B14. Evaluator: Robert Chattel
B13. Remarks:

State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

BUILDING, STRUCTURE, AND OBJECT RECORD
*B12. References:
*NRHP Status Code 1D
Primary # 30-158925
HRI # 038291
c
No Yes Unknown

Page 2 of 3 ends

(Assigned by Recorder)
Historic Prehistoric Both
B2. Common Name:

Applicable Criteria: AC
Orange Daily News.
(Sketch Map with North arrow required.)
DPR 523B (1/95) *Required Information
Opportunities:

Status change since 1991 Survey: None.

Site Integrity:
(Continues on Pg.3.)
716
State of California - The Resources Agency

DEPARTMENT OF PARKS AND RECREATION

CONTINUATION SHEET
Description of Photo:

Primary # 30-158925
HRI # 038291
Trinomial ORA
Recorded by:

Date Recorded: April, 2005
P3a. Description (Continued from Pg.1):

DPR 523L (11/98) *Required Information
Continuation Update

Page 3 of 3 ends

B6. Construction History (Continued from Pg.2):

Lot Acre: 0.1425
Principal Building Sqft: 1132
Planning Zone: R-1-6 # of Stories: 1
Years Surveyed: 1991, 2005
General Plan: LDR
# of Units: 1
B13. Remarks (Continued from Pg.2):
1991
D. Gest, P. LaValley, D. Matsumoto
Chattel Architecture
13417 Ventura Blvd.

Sherman Oaks, CA 91423
*Resource Name or #: CAMBRIDGE_S_186__APN_390-444-10
(Assigned by Recorder)
Listed in National Register: 1997
# of Buildings: 1

717
718
719
720
721
722
723
724
725
Agenda Item
City Council
Item #: 3.13. 11/12/2024 File #: 24-0611
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Susan Galvan, Assistant City Manager

1. SUBJECT
Authorize the purchase of various annual hardware and software maintenances from Sidepath, Inc.

2. SUMMARY
The Information Technology Department utilizes many technologies, including hardware, software, and services, from Sidepath, Inc. The various technologies listed in the attached document have associated annual maintenance costs that are required to keep those technologies up to date and supported by the listed vendors.

3. RECOMMENDED ACTION
Approve the purchase of various annual hardware and software maintenances from Sidepath, Inc. for a total amount of $247,308.56.

4. FISCAL IMPACT
The expense for this purchase is $247,308.56 and will be funded through Information Systems Operations (780):
780.1601.51420.00000 Maintenance Contracts $ 105,874.11 780.1601.53915.00000 Annual Software License and Maintenance $ 141,434.45

5. STRATEGIC PLAN GOALS
Goal 4: Provide outstanding public service
c: Enhance technology to improve public accessibility to information and services.

6. DISCUSSION AND BACKGROUND
Rather than bringing individual items to City Council for every purchase, staff is requesting approval of a purchase order to cover all annual maintenance items provided by Sidepath, Inc. for Fiscal Year 2024-2025. Sidepath, Inc. provides pricing to the City through National Association of State Procurement Officials (NASPO) cooperative agreements for many of the technologies on the list and several of the items have previously been approved by the City Council. The Information Technology (IT) Department spends more than $30,000 in a year with Sidepath, Inc. and as such, the purchase order will be a more efficient method for both City Council approval and payment processing. The IT Department is dependent on Sidepath for maintaining all hardware, software, and services that keep City of Orange Page 1 of 2 Printed on 11/6/2024
powered by Legistar™726
Item #: 3.13. 11/12/2024 File #: 24-0611
the IT infrastructure healthy and secure.

The attached list contains annual support from the following vendors that are provided through Sidepath, Inc.: Dell (Servers, and Storage), Palo Alto (Security Firewalls), Ruckus (Network Switching and Wireless), Veeam (Backup and Recovery), Blackberry Cylance (end point protection), VMware (Virtualization), and Wasabi (cloud-based offsite backup storage).

Sidepath, Inc. has a deep understanding of all the technology infrastructure that the City uses and is uniquely positioned to provide technical support and implementation services related to servers, storage, networking, and security.

7. ATTACHMENT
· IT Sidepath Asset List
City of Orange Page 2 of 2 Printed on 11/6/2024
powered by Legistar™727
Agenda Item
City Council
Item #: 3.13. 11/12/2024 File #: 24-0611
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Susan Galvan, Assistant City Manager

1. SUBJECT
Authorize the purchase of various annual hardware and software maintenances from Sidepath, Inc.

3. RECOMMENDED ACTION
Approve the purchase of various annual hardware and software maintenances from Sidepath, Inc. for a total amount of $247,308.56.

5. STRATEGIC PLAN GOALS
Goal 4: Provide outstanding public service
c: Enhance technology to improve public accessibility to information and services.

6. DISCUSSION AND BACKGROUND
Rather than bringing individual items to City Council for every purchase, staff is requesting approval of a purchase order to cover all annual maintenance items provided by Sidepath, Inc. for Fiscal Year 2024-2025. Sidepath, Inc. provides pricing to the City through National Association of State Procurement Officials (NASPO) cooperative agreements for many of the technologies on the list and several of the items have previously been approved by the City Council. The Information Technology (IT) Department spends more than $30,000 in a year with Sidepath, Inc. and as such, the purchase order will be a more efficient method for both City Council approval and payment processing. The IT Department is dependent on Sidepath for maintaining all hardware, software, and services that keep City of Orange Page 1 of 2 Printed on 11/6/2024
powered by Legistar™728
Item #: 3.13. 11/12/2024 File #: 24-0611
the IT infrastructure healthy and secure.

7. ATTACHMENT
· IT Sidepath Asset List
City of Orange Page 2 of 2 Printed on 11/6/2024
powered by Legistar™729
vendor product serial number support exp
cost to renew
support
Dell Civic Dell/EMC Connectrix DS-6610B (HA Pair 1) BRCEZL4002P00R 5/14/2025 $ 1,403.54 Dell Civic Dell/EMC Connectrix DS-6610B (HA Pair 2) BRCEZL4002P00V 5/14/2025 $ 1,403.54 Dell OPD Dell/EMC Connectrix DS-6610B (HA Pair 1) BRCEZL4002P00K 5/14/2025 $ 1,403.54 Dell OPD Dell/EMC Connectrix DS-6610B (HA Pair 2) BRCEZL4002P01F 5/14/2025 $ 1,403.54 Palo Alto Advanced Threat Prevention subscription HA pair renewal PA-3220 16201008337 7/31/2025 Palo Alto Advanced Threat Prevention subscription HA pair renewal PA-3220 16201017228 7/31/2025 Palo Alto Global Protect subscription HA PA-3220 16201008337 7/31/2025 Palo Alto Global Protect subscription HA PA-3220 16201017228 7/31/2025 Palo Alto Premium support renewal, PA-3220 16201008337 7/31/2025 Palo Alto Premium support renewal, PA-3220 16201017228 7/31/2025 Palo Alto Premium support year 1 renewal, PA-820 12001015902 7/31/2025 Palo Alto Premium support year 1 renewal, PA-820 12001015930 7/31/2025 Palo Alto Premium support year 1 renewal, PA-820 12001074645 7/31/2025 Palo Alto Subscription Advanced URL Filtering 1-year PA-3220 HA Pair 16201008337 7/31/2025 Palo Alto Subscription Advanced URL Filtering 1-year PA-3220 HA Pair 16201017228 7/31/2025 Ruckus Ruckus Wireless premium watchdog controller SmartZone 100 12/28/2024 $ 899.94 Dell Civic-Backup (Veeam) SCv3000 (285912) FY6BT13 2/1/2025 $ 1,601.23 Dell OPD-Backup (Veeam) SCv3000 (285920) FY6CT13 2/1/2025 $ 1,601.23 Dell PowerEdge R740 (Veeam hosts 1) FWB4T13 2/4/2025 $ 2,060.76 Dell PowerEdge R740 (Veeam hosts 2) FVY3T13 2/4/2025 $ 2,060.76 Dell Traffic SCv3000 (297806) FY56T13 2/4/2025 $ 1,039.50 Dell PowerEdge R640 (ESXi host 1) Traffic Management Center 4LQ4V43 6/22/2025 $ 2,160.76 Dell PowerEdge R640 (ESXi host 2) Traffic Management Center 5LQ4V43 6/22/2025 $ 2,160.76 Dell OPD-Prod SC9000 (8279)
8279 (FDPKHQ2, FDPLHQ2)
9305 2/1/2024 $ 37,312.51
Veeam Civic Veeam VM protection VUL 2939636 12/31/2025 $ 12,030.26 Veeam OPD Veeam VM protection VUL 2942942 12/31/2025 $ 12,030.26 Veeam O365 Mailbox protection (900) 2939737 12/28/2025 $ 16,958.70 VMware 31137599 2/20/2025
VMware 187805669 2/20/2025
VMware 188334196 2/20/2025
VMware 188334200 2/20/2025
VMware 188227768 2/20/2025
BlackBerry Cylance Protect and Optics N/A 3/21/2025 $ 37,937.76 Wasabi Reserved Capacity Storage Wasabi Premium Support 200TB - 1 year term N/A N/A $ 17,945.60 $ 247,308.56
VMWare Vsphere foundation - 1 year prepaid commit - per core (352) $ 44,531.87 $ 49,362.50
730
Agenda Item
City Council
Item #: 3.14. 11/12/2024 File #: 24-0613
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Dan Adams, Chief of Police

1. SUBJECT
Accept donation of a Police Support Canine and required training from the Orange Police Foundation.

2. SUMMARY
Donation of a Police Support Canine and training from the Orange Police Foundation will benefit the mental and physical well-being of police and City personnel.

3. RECOMMENDED ACTION
Accept donation of a Police Support Canine and training from the Orange Police Foundation to the Orange Police Department.

4. FISCAL IMPACT
None.

5. STRATEGIC PLAN GOALS
Goal 1: Provide for a safe community
a: Provide staffing and resources to deliver services that ensure public safety.

6. DISCUSSION AND BACKGROUND
The Orange Police Department, with the financial support of the Orange Police Foundation (Foundation), has established a Support Canine Program to enhance the emotional wellness of Police and City personnel and to engage with members of our community.

The initial cost and all recurring costs will be paid by the Foundation which was established in July 2023 and is recognized by the Internal Revenue Service as an IRC 501(c)(3) exempt organization and public charity. The Foundation’s mission, in part, is to support the Orange Police Department by funding equipment, training, and department programs. Donations to, and partnerships with, the Orange Police Foundation will ensure additional support needs are adequately provided for and will improve the safety of officers and residents through funding of equipment, training, and community outreach programs.

Crime Prevention Specialist, Sharyn Panaggio, has been selected as the handler for Support Canine Lily. Canine Lily, along with her handler, specialize in crisis support, critical incident response, victim City of Orange Page 1 of 2 Printed on 11/6/2024
powered by Legistar™731
Item #: 3.14. 11/12/2024 File #: 24-0613
interviews, peer support, social/emotional well-being and community public relations.

7. ATTACHMENTS
· None
City of Orange Page 2 of 2 Printed on 11/6/2024
powered by Legistar™732
Agenda Item
City Council
Item #: 3.14. 11/12/2024 File #: 24-0613
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Dan Adams, Chief of Police

1. SUBJECT
Accept donation of a Police Support Canine and required training from the Orange Police Foundation.

2. SUMMARY
Donation of a Police Support Canine and training from the Orange Police Foundation will benefit the mental and physical well-being of police and City personnel.

3. RECOMMENDED ACTION
Accept donation of a Police Support Canine and training from the Orange Police Foundation to the Orange Police Department.

4. FISCAL IMPACT
None.

5. STRATEGIC PLAN GOALS
Goal 1: Provide for a safe community
a: Provide staffing and resources to deliver services that ensure public safety.

Crime Prevention Specialist, Sharyn Panaggio, has been selected as the handler for Support Canine Lily. Canine Lily, along with her handler, specialize in crisis support, critical incident response, victim City of Orange Page 1 of 2 Printed on 11/6/2024
powered by Legistar™733
Item #: 3.14. 11/12/2024 File #: 24-0613
interviews, peer support, social/emotional well-being and community public relations.

7. ATTACHMENTS
· None
City of Orange Page 2 of 2 Printed on 11/6/2024
powered by Legistar™734
Agenda Item
City Council
Item #: 3.15. 11/12/2024 File #: 24-0646
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Trang Nguyen, Finance Director

1. SUBJECT
Adoption of Fiscal Year Ended June 30, 2024, Measure M2 Expenditure Report. Resolution No. 11582.

2. SUMMARY
Orange County Transportation Authority requires forms for tracking M2 expenditures and net revenues that all public agencies must use to be in compliance with the Renewed Measure M Eligibility Guidelines.

3. RECOMMENDED ACTION
Adopt Resolution No. 11582. A Resolution of the City Council of the City of Orange concerning the Fiscal Year ended June 30, 2024, Measure M2 Expenditure Report for the City of Orange.

4. FISCAL IMPACT
Adopting Resolution No. 11582 will allow the City to receive Measure M2 funding for transportation projects.

5. STRATEGIC PLAN GOALS
Goal 2: Be a fiscally healthy community
b: Analyze future fiscal needs and potential revenue opportunities. c. Provide appropriate reserves.

6. DISCUSSION AND BACKGROUND
The Measure M2 Eligibility Guidelines require that local jurisdictions who receive Measure M2 money must adopt and provide an annual expenditure report to the Orange County Transportation Authority (OCTA). The report accounts for the receipt, interest earned, and the use of Measure M2 and other funds, and funds expended by the jurisdiction to satisfy maintenance of effort (MOE) requirements.

OCTA requires the annual report to be provided within six months of the jurisdiction’s fiscal year end.

Staff prepared the attached Measure M2 Expenditure Report for the Fiscal Year Ended June 30, 2024, in accordance with OCTA guidelines. The report was reviewed in draft form by OCTA staff, and the information provided was determined to be acceptable.

7. ATTACHMENTS
City of Orange Page 1 of 2 Printed on 11/6/2024
powered by Legistar™735
Item #: 3.15. 11/12/2024 File #: 24-0646
· Resolution No. 11582
· City of Orange M2 Expenditure Report for the Fiscal Year Ended June 30, 2024 City of Orange Page 2 of 2 Printed on 11/6/2024
powered by Legistar™736
Agenda Item
City Council
Item #: 3.15. 11/12/2024 File #: 24-0646
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Trang Nguyen, Finance Director

1. SUBJECT
Adoption of Fiscal Year Ended June 30, 2024, Measure M2 Expenditure Report. Resolution No. 11582.

4. FISCAL IMPACT
Adopting Resolution No. 11582 will allow the City to receive Measure M2 funding for transportation projects.

5. STRATEGIC PLAN GOALS
Goal 2: Be a fiscally healthy community
b: Analyze future fiscal needs and potential revenue opportunities. c. Provide appropriate reserves.

OCTA requires the annual report to be provided within six months of the jurisdiction’s fiscal year end.

7. ATTACHMENTS
City of Orange Page 1 of 2 Printed on 11/6/2024
powered by Legistar™737
Item #: 3.15. 11/12/2024 File #: 24-0646
· Resolution No. 11582
· City of Orange M2 Expenditure Report for the Fiscal Year Ended June 30, 2024 City of Orange Page 2 of 2 Printed on 11/6/2024
powered by Legistar™738
RESOLUTION NO. 11582

A RESOLUTION OF THE CITY COUNCIL OF THE

CITY OF ORANGE CONCERNING THE FISCAL
YEAR ENDED JUNE 30, 2024, MEASURE M2

EXPENDITURE REPORT FOR THE CITY OF
ORANGE.

WHEREAS, local jurisdictions are required to meet eligibility requirements and submit eligibility verification packages to the Orange County Transportation Authority (OCTA) in order to remain eligible to receive M2 funds; and
WHEREAS, local jurisdictions are required to adopt an annual M2 Expenditure Report as part of one of the eligibility requirements; and
WHEREAS, local jurisdictions are required to account for Net Revenues, developer/traffic impact fees, and funds expended by local jurisdiction in the M2 Expenditure Report that satisfy the Maintenance of Effort requirements; and WHEREAS, the M2 Expenditure Report shall include all Net Revenue fund balances, interest earned and expenditures identified by type and program or project; and WHEREAS, the M2 Expenditure Report must be adopted and submitted to the OCTA each year within six months of the end of the local jurisdiction’s fiscal year to be eligible to receive Net Revenues as part of M2.

NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Orange, does hereby inform OCTA that:
a) The M2 Expenditure Report is in conformance with the template provided in the Measure M2 Eligibility Guidelines and accounts for Net Revenues including interest earned, expenditures during the fiscal year, and balances at the end of fiscal year. b) The M2 Expenditure Report is hereby adopted by the City of Orange. c) The City of Orange Finance Director is hereby authorized to sign and submit the M2 Expenditure Report to OCTA for the fiscal year ending June 30, 2024. 739
2 ADOPTED this ____ day of ____________________, 2024
Daniel R. Slater, Mayor, City of Orange
ATTEST:

Pamela Coleman, City Clerk, City of Orange
APPROVED AS TO FORM:

Mike Vigliotta, City Attorney
I, PAMELA COLEMAN, City Clerk of the City of Orange, California, do hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the day of , 2024 by the following vote:

AYES: COUNCILMEMBERS:

NOES: COUNCILMEMBERS:

ABSENT: COUNCILMEMBERS:

ABSTAIN: COUNCILMEMBERS:

Pamela Coleman, City Clerk, City of Orange
740
City of Orange
M2 Expenditure Report
Fiscal Year Ended June 30, 2024
Beginning and Ending Balances
Schedule 1
Line
No.

Amount Interest
A-M Freeway Projects 1 $ - $ -
O Regional Capacity Program (RCP) 2 $ (775,233.37) $ -
P Regional Traffic Signal Synchronization Program (RTSSP) 3 - $ - $ Q Local Fair Share 4 $ 5,285,100.94 $ -
R High Frequency Metrolink Service 5 $ - $ -
S Transit Extensions to Metrolink 6 $ - $ -
T
Convert Metrolink Station(s) to Regional Gateways that
connect Orange County with High-Speed Rail Systems 7 - $ - $ U
Senior Mobility Program or Senior Non-Emergency Medical Program
8 444,752.81 $ - $
V Community Based Transit/Circulators 9 $ - $ -
W Safe Transit Stops 10 $ - $ -
X Environmental Cleanup Program (Water Quality) 11 $ 288,740.00 $ - Other* 12 145,409.07 $ - $
13 $ 5,388,769.45 $ -
Monies Made Available During Fiscal Year 14 6,514,375.30 $ 161,699 $ 15 $ 11,903,144.75 $ 161,699
Expenditures During Fiscal Year 16 6,886,751.62 $ 161,699 $ A-M Freeway Projects 17 $ - $ -
O Regional Capacity Program (RCP) 18 $ (517,742.33) $ - P Regional Traffic Signal Synchronization Program (RTSSP) 19 656,277.12 $ - $ Q Local Fair Share 20 $ 4,389,502.32 $ -
R High Frequency Metrolink Service 21 $ - $ -
S Transit Extensions to Metrolink 22 $ - $ -
T
Convert Metrolink Station(s) to Regional Gateways that
connect Orange County with High-Speed Rail Systems 23 - $ - $ U
Senior Mobility Program or Senior Non-Emergency Medical Program
24 291,816.98 $ - $
V Community Based Transit/Circulators 25 $ (58,402.91) $ - W Safe Transit Stops 26 $ - $ -
X Environmental Cleanup Program (Water Quality) 27 $ 92,693.72 $ - Other* 28 162,248.23 $ - $
The Local Fair Share beginning fund balance is the sum of the FY 2022/23 ending balance and interest. * Project 14040 Main/Chapman to Orangewood Trafic Improvement Balances at End of Fiscal Year
Balances at Beginning of Fiscal Year
Balances at Beginning of Fiscal Year
Description
Total Monies Available (Sum Lines 13 & 14)
741
City of Orange M2 Expenditure Report
Fiscal Year Ended June 30, 2024
Sources and Uses
Schedule 2
Line
No.

Amount Interest
A-M Freeway Projects 1 $ - $ -
O Regional Capacity Program (RCP) 2 $ 691,240 $ -
P Regional Traffic Signal Synchronization Program (RTSSP) 3 $ 1,789,957 $ - Q Local Fair Share 4 $ 3,360,061 $ 154,352
R High Frequency Metrolink Service 5 $ - $ -
S Transit Extensions to Metrolink 6 $ - $ -
T
Convert Metrolink Station(s) to Regional Gateways that connect Orange County with High-Speed Rail Systems 7 - $ - $
U Senior Mobility Program or Senior Non-Emergency Medical Program 8 $ 153,017 $ 7,347 V Community Based Transit/Circulators 9 $ - $ -
W Safe Transit Stops 10 $ - $ -
X Environmental Cleanup Program (Water Quality) 11 $ 500,000 $ - Other* 12 20,100 $ - $
13 6,514,375 $ 161,699 $
A-M Freeway Projects 14 $ - $ -
O Regional Capacity Program (RCP) 15 $ 433,749 $ -
P Regional Traffic Signal Synchronization Program (RTSSP) 16 $ 1,133,680 $ - Q Local Fair Share 17 $ 4,255,660 $ 154,352
R High Frequency Metrolink Service 18 $ - $ -
S Transit Extensions to Metrolink 19 $ - $ -
T
Convert Metrolink Station(s) to Regional Gateways that connect Orange County with High-Speed Rail Systems 20 - $ - $
U Senior Mobility Program or Senior Non-Emergency Medical Program 21 $ 305,953 $ 7,347 V Community Based Transit/Circulators 22 $ 58,403 $ -
W Safe Transit Stops 23 $ - $ -
X Environmental Cleanup Program (Water Quality) 24 $ 696,046 $ - Other* 25 3,261 $ - $
26 6,886,752 $ 161,699 $
27 (372,376) $ - $
* Project 14040 Main/Chapman to Orangewood Trafic Improvement TOTAL BALANCE (Subtract line 26 from 13)
TOTAL EXPENDITURES (Sum lines 14 to 25)
Description
Revenues:

TOTAL REVENUES (Sum lines 1 to 12)
Expenditures:
742
City of Orange
M2 Expenditure Report
Fiscal Year Ended June 30, 2024
Streets and Roads Detailed Use of Funds
Schedule 3
Line
No.

MOE
Developer /
Impact Fees+ O
O
Interest
P
P
Interest
Q
Q
Interest
X
X
Interest
Other
M22
Other
M2
Interest
Other* TOTAL
1 912,031 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 912,031 $ New Street Construction 2 - $ - $ 327,630 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 327,630 $ Street Reconstruction 3 320,153 $ - $ 106,119 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 426,271 $ Signals, Safety Devices, & Street Lights 4 195,753 $ - $ - $ - $ 1,133,680 $ - $ 178,507 $ - $ - $ - $ - $ - $ - $ 1,507,940 $ Pedestrian Ways & Bikepaths 5 - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Storm Drains 6 56,498 $ - $ - $ - $ - $ - $ 163 $ - $ - $ - $ - $ - $ - $ 56,660 $ Storm Damage 7 - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 8 572,403 $ - $ 433,749 $ - $ 1,133,680 $ - $ 178,670 $ - $ - $ - $ - $ - $ - $ 2,318,502 $ Right of Way Acquisition 9 - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 10 572,403 $ - $ 433,749 $ - $ 1,133,680 $ - $ 178,670 $ - $ - $ - $ - $ - $ - $ 2,318,502 $ Patching 11 - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Overlay & Sealing 12 1,290,131 $ - $ - $ - $ - $ - $ 3,592,101 $ - $ - $ - $ - $ - $ - $ 4,882,232 $ Street Lights & Traffic Signals 13 1,862,108 $ - $ - $ - $ - $ - $ 27,872 $ - $ - $ - $ - $ - $ - $ 1,889,980 $ Storm Damage 14 - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ Other Street Purpose Maintenance 15 901,602 $ - $ - $ - $ - $ - $ 447,267 $ 154,352 $ - $ - $ - $ - $ - $ 1,503,222 $ 16 4,053,841 $ - $ - $ - $ - $ - $ 4,067,240 $ 154,352 $ - $ - $ - $ - $ - $ 8,275,434 $ 17 - $ - $ - $ - $ - $ 9,750 $ - $ 696,046 $ - $ 364,355 $ 7,347 $ 3,261 $ 1,080,760 $ 18 5,538,276 $ - $ 433,749 $ - $ 1,133,680 $ - $ 4,255,660 $ 154,352 $ 696,046 $ - $ 364,355 $ 7,347 $ 3,261 $ 12,586,727 $ 19 1
Includes direct charges for staff time Legend
2 Other M2 includes A-M, R,S,T,U,V, and W Project
+ Transportation related only A-M
* Please provide a specific description O
P
Q
* Project 14040 Main/Chapman to Orangewood Trafic Improvement R S
T
U
V
W
X
Finance Director Confirmation
Any California State Constitution Article XIX streets and road eligible expenditure may be “counted” in local jurisdictions’ calculation of MOE if the activity is supported (funded) by a local jurisdictions’ discretionary funds (e.g. general fund). The California State Controller also provides useful information on Article XIX and the Streets and Highways Code eligible expenditures in its “Guidelines Relating to Gas Tax Expenditures for Cities and Counties”. I have reviewed and am aware of these guidelines and their applicability in calculating and reporting on Maintenance of Effort expenditures.

Finance Director initial: _______________
Description
Transit Extensions to Metrolink
Safe Transit Stops
High Frequency Metrolink Service
Environmental Cleanup Program (Water Quality)
Senior Mobility Program or Senior Non-Emergency Medical Program Community Based Transit/Circulators
Convert Metrolink Station(s) to Regional Gateways that connect Orange County with High-Speed Rail Systems
Freeway Projects
Regional Capacity Program (RCP)
Local Fair Share
Regional Traffic Signal Synchronization Program (RTSSP) Other
Total Maintenance1
GRAND TOTALS (Sum Lines 1, 10, 16, 17)
Type of Expenditure
Indirect and/or Overhead
Construction & Right-of-Way
Total Construction1
Total Construction & Right-of-Way
Maintenance
743
City of Orange
M2 Expenditure Report
Fiscal Year Ended June 30, 2024
Local Fair Share Project List
Schedule 4

PROJECT NAME AMOUNT EXPENDED
13115 - Pavement Management Program Survey $ 63,146.79
13120 - Pavement Management Program $ 3,465,004.57
14040 - 292 N. Main Street $ 3,260.84
16302 - Minor Traffic Control Devices - Various $ 21,871.93 16304 - Biennial Traffic Signal Coordination $ 6,000.00 20329 - Chapman Batavia Left Turn Mod $ 159,003.67
20374 - Streetlight Pole Replacement Program $ 19,502.99 20443 - Orange Community Shuttle Feasibility Study $ 6,489.21 30167 - Katella Ave Street Rehabilitation $ 63,949.69
30168 - Walnut Ave Infrastructure Improvement $ 162.97
00000 - Other Street Purpose Maintenance $ 601,619.86
$ 4,410,012.52
744
City of Orange
M2 Expenditure Report
Fiscal Year Ended June 30, 2024
Signature Page
Trang Nguyen
Date
11 Jurisdictions are encouraged to submit MOE eligible expenditures higher than their MOE benchmark, so that should certain expenses be ruled ineligible during an MOE audit, the local jurisdiction still has sufficient MOE expenditures to demonstrate continued achievement of the MOE benchmark.

I hereby certify that:
☐ All the information attached herein and included in schedules 1 through 4 is true and accurate to the best of my knowledge;
☐ The interest earned on Net Revenues allocated pursuant to the Ordinance shall be expended only for those purposes for which the Net Revenues were allocated;
☐ The City/County of ____Orange________ is aware of the State Controller’s “Guidelines Relating to Gas Tax Expenditures for Cities and Counties”, which is a guide for determining MOE Expenditures for M2 Eligibility purposes;
☐ The City/County’s Expenditure Report is in compliance with direction provided in the State Controller’s “Guidelines Relating to Gas Tax Expenditures for Cities and Counties;” and ☐ The City/County of ____Orange_________ has expended in this fiscal year an amount of local discretionary funds for streets and roads purposes at least equal to or exceeding the FY 2023-24 MOE benchmark dollar amount11.
11/4/2024
Director of Finance (Print Name)
Signature
X
X
X
X
X
745
Agenda Item
City Council
Item #: 7.1. 11/12/2024 File #: 24-0505

1. SUBJECT
Appointment to the Design Review Committee.

2. SUMMARY
Due to the expired term of Robert Imboden, a scheduled vacancy exists on the Design Review Committee. A Notice of Vacancy was posted in accordance with Government Code Section 54974.

3. RECOMMENDED ACTION
Confirm Mayor Slater’s recommendation to appoint Adrienne Gladson to the Design Review Committee for a four-year term ending on June 30, 2028.

City of Orange Page 1 of 1 Printed on 11/6/2024
powered by Legistar™746
Agenda Item
City Council
Item #: 7.1. 11/12/2024 File #: 24-0505

1. SUBJECT
Appointment to the Design Review Committee.

2. SUMMARY
Due to the expired term of Robert Imboden, a scheduled vacancy exists on the Design Review Committee. A Notice of Vacancy was posted in accordance with Government Code Section 54974.

3. RECOMMENDED ACTION
Confirm Mayor Slater’s recommendation to appoint Adrienne Gladson to the Design Review Committee for a four-year term ending on June 30, 2028.

City of Orange Page 1 of 1 Printed on 11/6/2024
powered by Legistar™747
Agenda Item
City Council
Item #: 8.1. 11/12/2024 File #: 24-0593
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Trang Nguyen, Finance Director

1. SUBJECT
Fiscal Year 2024-25 General Fund First Quarter Report.

2. SUMMARY
A presentation providing a first quarter budget update for Fiscal Year 2024-25, focusing on the General Fund.

3. RECOMMENDED ACTION
Receive and file.

4. FISCAL IMPACT
None.

5. STRATEGIC PLAN GOALS
Goal 2: Be a fiscally healthy community
a: Expend fiscal resources responsibly.

City of Orange Page 1 of 1 Printed on 11/6/2024
powered by Legistar™748
Agenda Item
City Council
Item #: 8.1. 11/12/2024 File #: 24-0593
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Trang Nguyen, Finance Director

1. SUBJECT
Fiscal Year 2024-25 General Fund First Quarter Report.

2. SUMMARY
A presentation providing a first quarter budget update for Fiscal Year 2024-25, focusing on the General Fund.

3. RECOMMENDED ACTION
Receive and file.

4. FISCAL IMPACT
None.

5. STRATEGIC PLAN GOALS
Goal 2: Be a fiscally healthy community
a: Expend fiscal resources responsibly.

City of Orange Page 1 of 1 Printed on 11/6/2024
powered by Legistar™749
Agenda Item
City Council
Item #: 9.1. 11/12/2024 File #: 24-0638
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Christopher Cash, Public Works Director

1. SUBJECT
Implementation of permit parking on both sides of Fairway Drive from Cambridge Street to Tustin Street; both sides of Young Circle south of Fairway Drive; and both sides of Greenview Drive south of Fairway Drive, within Permit Parking Opportunity Area #2. Resolution No. 11581.

2. SUMMARY
A request for permit parking in Permit Parking Opportunity Area #2 coincided with a staff recommendation to process a minor modification to its easterly boundary. The request was processed in accordance with the City’s Neighborhood Permit Parking Program. The proposal received adequate support from the affected property owners and was approved by the City Traffic Commission.

3. RECOMMENDED ACTION

1. Modify the easterly boundary of Permit Parking Opportunity Area #2 to coincide with the west side of Tustin Street.

2. Approve permit parking in Permit Parking Opportunity Area #2: on both sides of E. Fairway Drive from S. Cambridge Street to S. Tustin Street; both sides of Young Circle, south of E.

Fairway Drive; and both sides of E. Greenview Drive, south of E. Fairway Drive.

3. Adopt Resolution No. 11581. A Resolution of the City Council of the City of Orange adopting a revised master resolution of designated permit parking areas and established permit parking opportunity areas within the City of Orange.

4. FISCAL IMPACT
None.

5. STRATEGIC PLAN GOALS
Goal 1: Provide for a safe community.
b. Provide and maintain infrastructure necessary to ensure the safety of the public.

6. DISCUSSION AND BACKGROUND
The City’s Neighborhood Permit Parking Program (NPPP) provides a mechanism for protecting residential streets from external parking overflow when certain criteria are satisfied. To streamline the permit parking application process in certain highly parked areas, the City Council established five Permit Parking Opportunity Areas (PPOA’s). PPOA’s are subject to different criteria and procedures.

Specifically, the application fee and parking occupancy study are waived, and the required City of Orange Page 1 of 2 Printed on 11/6/2024
powered by Legistar™750
Item #: 9.1. 11/12/2024 File #: 24-0638
neighborhood support level is reduced from 75% to 55%.

After receiving a written request for permit parking for the subject streets from an eligible resident, staff mailed petitions to affected property owners in August 2024. The polling process concluded in September 2024, the results of which indicate that 70% of the property owners are in favor of permit parking, 9% were opposed, and 21% did not respond. Because the level of support exceeds the 55% stipulated in the NPPP, staff recommends permit parking.

Moreover, based on a recent interpretation of current applicable codes, it was determined in the best interests of the city to adjust the eastern boundary of PPOA #2 to coincide with Tustin Street. This adjustment, depicted in Attachment 2, extends the easterly boundary by approximately 200 feet and was disclosed as part of the petition process.

If approved, permit parking does not supersede other parking restrictions such as street sweeping.

Participation in the permit parking program is voluntary. However, once implemented, any vehicle parking on the street without a permit is subject to citation.

7. ATTACHMENTS
· Attachment 1 Resolution No. 11581
· Attachment 2 NPPP Opportunity Area #2
· Attachment 3 Activation Map PPOA #2
· Attachment 4 City Traffic Commission Report October 9, 2024 · Attachment 5 Draft City Traffic Commission Minutes October 9, 2024 · Attachment 6 Notification Letter
City of Orange Page 2 of 2 Printed on 11/6/2024
powered by Legistar™751
Agenda Item
City Council
Item #: 9.1. 11/12/2024 File #: 24-0638
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Christopher Cash, Public Works Director

3. RECOMMENDED ACTION

1. Modify the easterly boundary of Permit Parking Opportunity Area #2 to coincide with the west side of Tustin Street.

2. Approve permit parking in Permit Parking Opportunity Area #2: on both sides of E. Fairway Drive from S. Cambridge Street to S. Tustin Street; both sides of Young Circle, south of E.

Fairway Drive; and both sides of E. Greenview Drive, south of E. Fairway Drive.

4. FISCAL IMPACT
None.

5. STRATEGIC PLAN GOALS
Goal 1: Provide for a safe community.
b. Provide and maintain infrastructure necessary to ensure the safety of the public.

Specifically, the application fee and parking occupancy study are waived, and the required City of Orange Page 1 of 2 Printed on 11/6/2024
powered by Legistar™752
Item #: 9.1. 11/12/2024 File #: 24-0638
neighborhood support level is reduced from 75% to 55%.

If approved, permit parking does not supersede other parking restrictions such as street sweeping.

Participation in the permit parking program is voluntary. However, once implemented, any vehicle parking on the street without a permit is subject to citation.

A RESOLUTION OF THE CITY COUNCIL OF THE

CITY OF ORANGE ADOPTING A REVISED MASTER

RESOLUTION OF DESIGNATED PERMIT PARKING

AREAS AND ESTABLISHED PERMIT PARKING

OPPORTUNITY AREAS WITHIN THE CITY OF
ORANGE
WHEREAS, pursuant to California Vehicle Code Section 22507, local authorities may generally prohibit or restrict the stopping, parking, or standing of vehicles on certain streets or highways, or portions thereof, during all or certain hours of the day; and WHEREAS, local authorities may also include a designation of certain streets upon which preferential parking privileges are established with a permit or permits that exempt them from the prohibition or restriction of the ordinance or resolution; and WHEREAS, pursuant to the authority provided by the California Vehicle Code, the City Council of the City of Orange codified Chapter 10.30 of the Orange Municipal Code generally establishing parking requirements for the City of Orange; and WHEREAS, Sections 10.30.010 and 10.30.020 specifically establishes the Neighborhood Parking Permit Program designating portions of certain public streets for permit-parking and explicitly authorizes the City Council of the City of Orange to add, remove or modify designated areas within the Neighborhood Parking Permit Program by resolution; and WHEREAS, the creation of a “Master Resolution” containing all the permit parking areas in a single document eliminates the need to potentially revise multiple resolutions when an area is added, deleted, or modified within the Neighborhood Parking Permit Program; and WHEREAS, the City Council of the City of Orange most recently adopted said Master Resolution on October 22, 2024 (Resolution No. 11580), containing a list of all permit parking areas within the City; and
WHEREAS, accordingly, the City Council desires to rescind Resolution No. 11580 and replace it with a revised Resolution;
WHEREAS, it is the best interest of the City to revise the boundaries of Opportunity Area “2” attached hereto as Exhibit E;
NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Orange does resolve as follows:

SECTION I:

That Resolution No. 11580, adopted October 22, 2024, is hereby rescinded, effective immediately upon the date of the adoption of Resolution No. 11581. 754
2 SECTION II:

The following streets be included to the permit parking program Opportunity “Area 2”:

Both sides of Fairway Dr. from Cambridge St. to Tustin St.

Both sides of Young Cir. south of Fairway Dr.

Both sides of Greenview Dr. south of Fairway Dr.

SECTION III:

That the Master Resolution of Permit Parking Area for the Neighborhood Permit Parking program attached hereto as Exhibits “A”, Exhibit “B”, Exhibit “C”, Exhibit “D”, Exhibit “E”, Exhibit “F”, Exhibit “G”, and Exhibit “H” are hereby adopted.

ADOPTED this day of , 2024

Daniel R. Slater, Mayor, City of Orange
ATTEST:

Pamela Coleman, City Clerk, City of Orange
APPROVED AS TO FORM:

AYES: COUNCILMEMBERS:

NOES: COUNCILMEMBERS:

ABSENT: COUNCILMEMBERS:

ABSTAIN: COUNCILMEMBERS:

Pamela Coleman, City Clerk, City of Orange
755
Exhibit A

Page 1 of 7 ends

EXHIBIT A
The following areas are all areas that have been designated by the City Council for inclusion in the Neighborhood Permit Parking Program and are subject to Chapter 10.30 of the Orange Municipal Code. Any additions or deletions to the Neighborhood Permit Parking Program shall be made by amending this Master Resolution.

CHAPMAN UNIVERSITY NEIGHBORHOOD PERMIT PARKING AREA “A”

1. Both sides of Center St. from Walnut Ave. to the southern terminus of Center St. adjacent to residential land uses.

2. Both sides of Cleveland St. from Palm Ave. to Sycamore Ave.

3. East side of Cypress St. from Maple Ave. to the southern property line of 171 North Cypress St.

4. Both sides of Cypress St. from Walnut Ave. to Sycamore Ave.

5. Both sides of Everett Pl. from Shaffer St. to Glassell St.

6. Both sides of Glassell St. from Walnut Ave. to Rose Ave.

7. East side of Grand St. from the southern property line of 127 N Grand Street to the northern property line of 147 North Grand St.

8. Both sides of Grand St. from Palm Ave. to the southern property line of 183 N Grand St. adjacent to residential land uses.

9. Both sides of Grand St. from Mayfair Ave. to Walnut Ave. adjacent to residential land uses.

10. Both sides of Harwood St. from Palm Ave. to the northern terminus of Harwood St.

11. Both sides of Jefferson Ave. from Harwood St. to Shaffer St.

12. East side of Lemon St. from Maple Ave. to the southern property line of 149 North Lemon St.

13. Both sides of Lemon St. from Palm Ave. to Walnut Ave. adjacent to residential land uses.

14. Both sides of Maple Ave. from Cleveland St. to Orange St. adjacent to residential land uses.

15. North side of Maple Ave. from Olive St. to the eastern property line of 115 East Maple Ave.

16. Both sides of Mayfair Ave. from Shaffer St. to Glassell St.

17. Both sides of Olive St. from Maple Ave. to the northern terminus of Olive St. adjacent to residential land uses.

18. Both sides of Olive St. from Sycamore Ave. to Walnut Ave.

19. Both sides of Orange St. from Maple Ave. to Palm Ave. adjacent to residential land uses.

20. Both sides of Orange St. from Walnut Ave. to the northern terminus of Orange St.

21. Both sides of Palm Ave. from Harwood St. to Glassell St. adjacent to residential land uses.

22. North side of Palm Ave. from Pine St. to Harwood St.

23. Both sides of Rose Ave. from Glassell St. to Grand St.

24. Both sides of Shaffer St. from Chapman Ave. to Walnut Ave. adjacent to residential land uses.

25. West side of Shaffer St. from Walnut Ave. to the northern property line of 516 North Shaffer St.

26. Both sides of Sycamore Ave. from Cambridge St. to Center St.

27. North side of Sycamore Ave. from Glassell St. to the western property line of 317 West Sycamore Ave. adjacent to residential land uses.

28. South side of Sycamore Ave. from the western property line of 314 West Sycamore Ave. to Lemon St.

29. Both sides of Walnut Ave. from Cambridge St. to Center St. adjacent to residential land uses. 756
Exhibit A

Page 2 of 7 ends

AREA “B”

1. Both sides of Adams Ave. from Glassell St. to Grand St.

2. Both sides of Hoover Ave. from Glassell St. to Grand St.

3. Both sides of Quincy Ave. from Glassell St. to Grand St.

4. Both sides of Wilson Ave. from Glassell St. to Grand St.

AREA “C”

1. Both sides of Compton Ave. from Manchester Ave. to Lewis St.

2. East side of Lewis St. from the northerly property line at 4035 Compton Ave. to the southern property line of 119 N. Lewis St.

3. West side of Manchester Ave. from Sheringham Ave. to Compton Ave.

4. North side of Sheringham Ave. from Manchester Ave. to Windgap Dr.

5. South sides of Sheringham Ave. from Woodridge Cr. to Windgap Dr.

6. Both sides of Sunningdale Cr. from Compton Ave. south to include the cul-de-sac.

7. Both sides of Windgap Dr. from Compton Ave. south to include the cul-de-sac.

8. West side of Woodridge Cr. from Sheringham Ave. south to include the cul-de-sac.

9. East side of Woodridge Cr. from the northerly property line of 119 N. Woodridge Cr. south to include the cul-de-sac.

AREA “D”

1. Both sides of Dunas St. from Maple Ave. north to include the cul-de-sac.

2. Both sides of Maple Ave. from Prospect St. to Olympia Way.

3. Both sides of Olympia Way from Maple Ave. to Spring St.

4. Both sides of Shasta St. from Maple Ave. north to include the cul-de-sac.

5. Both sides of Vine Ave. from Olympia Way to its western terminus.

6. Both sides of First St. from Chapman Ave. north to include the cul-de-sac.

7. Both sides of Pearl Ave. from First St. to McPherson Rd.

8. East side of McPherson Rd. from 131 to 133 N. McPherson Rd.

AREA “E”

1. West side of Elm St. south of Sycamore Ave. to include the cul-de-sac.

AREA “F”
Permit Parking between the hours of 10:00 p.m. and 6:00 a.m.

1. Both sides of Almond Ave. from Prospect St. to Violet Ln.

2. Both sides of Kathleen St. from Chapman Ave. to Palmyra Ave.

3. Both sides of Palmyra Ave. from Craig Dr. to Prospect St.

4. East side of Prospect St. from Almond Ave. to Palmyra Ave.

5. Both sides of Violet Ln. from Almond Ave. to Palmyra Ave. 757
Exhibit A

Page 3 of 7 ends

AREA “G”
Permit Parking between the hours of 10:00 p.m. and 6:00 a.m.

1. Both sides of Euclid Ave. from James St. to Seranado St.

2. Both sides of James St. from Sycamore Ave. to Euclid Ave.

3. Both sides of Palm Ave. from Swidler St. to Seranado St.

4. Both sides of Sycamore Ave. from Swidler St. to Seranado St.

5. Both sides of Seranado St. from Spring St. to Walnut Ave.

6. Both sides of Silverleaf Ave. from Thomas St. to Seranado St.

7. Both sides of Spring St. from Swidler St. to Seranado St.

8. Both sides of Swidler St. from Spring St. to Walnut Ave.

9. Both sides of Thomas St. from Sycamore Ave. to Silverleaf Ave.

10. Both sides of Walnut Ave. from Swidler St. to Seranado St.

AREA “H”

1. Both sides of Shaffer St. beginning 390 feet north of Katella Ave. and ending at Trenton Ave. (R-1 zoned single-family residences only.)
AREA “I”

1. Both sides of Almond Ave. from Prospect St. to Dunas St.

2. Both sides of Century Ave. from James St. to Thomas St.

3. Both sides of Craig Dr. 100 feet south of Roberta Dr. to Prospect St.

4. Both sides of Dunas St. from Palmyra Ave. to Almond Ave.

5. Both sides of James St. from Century Dr. to La Veta Ave.

6. North side of La Veta Ave. from Prospect St. to Dunas St.

7. Both sides of Merelet Ln. from Craig Dr. to include the cul-de-sac.

8. Both sides of Olympia Way from Palmyra Ave. to Almond Ave.

9. North side of Palmyra Ave. from Prospect St. to Thomas St.

10. Both sides of Ruth Pl. easterly of James St.

11. Both sides of Ruth Pl. from Prospect St. to Olympia Way.

12. Both sides of Shasta St. from Palmyra Ave. to Almond Ave.

13. Both sides of Thomas St. from Century Dr. to Palmyra Ave.

AREA “J”

1. Both sides of Binnacle Ave. from Jetty Dr. to its easterly terminus.

2. North side of Chapman Ave. from Jetty Dr. to 4537 W. Chapman Ave.

3. North side of Chapman Ave. frontage road from Jetty Dr. to cul-de-sac.

4. Both sides of Grant Pl. from Chapman Ave. northerly to include the cul-de-sac.

5. Both sides of Jetty Dr. from Chapman Ave. to Sirius Ave.

6. West side of Lewis St. from Sirius Ave. to Simmons Ave.

7. South side of Simmons Ave. from Lewis St. to Spinnaker St.

8. Both sides of Sirius Ave. from Lewis St. to Jetty Dr.

9. Both sides of Spinnaker St. from Binnacle Ave. to Simmons Ave. 758
Exhibit A

Page 4 of 7 ends

10. Both sides of Stay Court easterly of Jetty Dr.

11. Both sides of Tiller Ave. from Lewis St. to Spinnaker St.

AREA “K”

1. Both sides of the 2700 block of E. Bennett Ave.

2. Both sides of the 2700 block of E. Killingsworth Ave.

3. Both sides of the 100-200 blocks of N. Malena Dr.

4. Both sides of the 2700 block of E. Sherman Ave.

5. Both sides of the 100-200 blocks of N. Wheeler St.

AREA “L”

1. Both sides of Jacaranda Ave. from Morgan St. to Mallard St.

2. Both sides of Juniper Ave. from Morgan St. to Mallard St.

3. Both sides of Mallard St. from Collins Ave. northerly to 985 N. Mallard St.

4. Both sides of Morgan St. from Collins Ave. northerly to 986 N. Morgan St.

AREA “M”

1. Both sides of Citrus St. from Almond Ave. to the southerly commercial property lines south of Chapman Ave.

AREA “N”

1. West side of Bedford Rd. from La Veta Ave. to Bronson Ave.

AREA “O”

1. North side of Spring St. from Hewes St. to Earlham St.

AREA “P”

1. Both sides of the 1000 block of Gardner Dr.

2. Both sides of the 1000 block of Greengrove St.

3. Both sides of Monroe Ave. from California St. to Lincoln St.

4. Both sides of Quincy Ave. from California St. to Lincoln St.

5. Both sides of Lincoln St. between Adams Ave. and Wilson Ave. including the cul-de-sac.

6. West side of Lincoln St. from 990 N. Lincoln St. to Adams Ave.

7. East side of Lincoln St. from 1073 N. Lincoln St. to Adams Ave.

8. Both sides of Adams Ave. between Lincoln St. and California St.

AREA “Q”

1. Both sides of the 8500 block of Biscayne Way.

2. Both sides of the 8500 block of Deershire Ct.

3. Both sides of the 200 block of Fairfield Ln.

4. Both sides of the 200 block of Firenza Way.

5. Both sides of the 8500 block of Heatherview Ln.
759
Exhibit A

Page 5 of 7 ends

AREA “R”

1. Both sides of San Luis Dr. from 7821 (north side) to Santa Cruz Ave., and from 7816 (south side) to the beginning of 8132.

2. 8102 and 8110 Santa Cruz Ave. (south side).

3. Both sides of Santa Maria St. between San Luis Dr. and Santa Cruz Ave.

AREA “S”

1. Both sides of Poplar St. between Maple Ave. and the cul-de-sac.

2. North side of Maple Ave. between Stevens St. and 1949 W. Maple Ave.

3. South side of Maple Ave. from Stevens St. to 2010 W. Maple Ave.

4. Both sides of Eckhoff St. between 130-283 N. Eckhoff St.

AREA “T”

1. Both sides of Cully Dr. from the westerly property lines of 861 and 864 W. Cully Dr. to the cul-de-sac.

2. Four spaces on the east side of Eckhoff St. from the southerly limit to W. Arbor Way (approximately 110 feet).

3. Five spaces on the east side of Eckhoff St. from 45 feet north of W. Arbor Way end of curb return to Maple Ave. (approximately 140 feet. It allows one parking space to remain in the permit parking program just north of the driveway at 2037 W. Arbor Way for visibility).

4. Three spaces on the east side of Eckhoff St. north of Willow Ave. to the northerly limit (approximately 70 feet).

5. Two spaces on the east side of Eckhoff St. from the existing red curb north of Maple Ave. to the driveway south of 206 N. Eckhoff St.

AREA “U”

1. Both sides of Waverly St. from the northerly property lines of 133 and 138 S. Waverly St. to Almond Ave.

AREA “V”

1. The south side of E. Rose Ave. from 1932/1934 to N. Highland St.

2. Both sides of N. Highland St. from E. Rose Ave. to E. Barkley Ave.

3. Both sides of E. Mayfair Ave. from 1740 E. Mayfair Ave. to N. Highland St.

4. The south side of E. Lomita Ave. from 1734/1736 to N. Highland St.

5. The north side of E. Lomita Ave. from 1901 to N. Highland St.

6. Both sides of E. Barkley Ave. from the cul-de-sac to N. Highland St.

7. Both sides of the cul-de-sacs of N. Victoria Dr., N. Russell Dr., and N. Shirley Dr., north of E.

Mayfair Ave.
760
Exhibit A

Page 6 of 7 ends

AREA “W”

1. Both sides of Madison Ave. from Wayfield St. to the cul-de-sac.

2. Both sides of Orange Grove Ave. from Wayfield St. to the westerly property lines of 1743/1744

3. E. Orange Grove Ave.

4. East side Wayfield St. between Orange Grove Ave. and the southerly property lines of 550/555 Wayfield St.

5. West side of Wayfield St. between Orange Grove Ave. and Madison Ave.

AREA “X”

1. South side of Collins Ave. from Hart St. to 2842 E. Collins Ave.

AREA “Y”

1. Both sides N. Citrus St. from Walnut Ave. to W. Sycamore Ave.

AREA “Z”

1. Both sides of Sycamore Ave. from Rancho Santiago Blvd. to Richard St.

2. Both sides Rancho Santiago Blvd. from the south city limits to Silverleaf Ave.

3. Both sides of Silverleaf Ave. from Rancho Santiago Blvd. to Richard St.

4. Both sides of Christine St. from Silverleaf Ave. to Sycamore Ave.

5. Both sides of Richard St. from Silverleaf Ave. to Sycamore Ave.

AREA “AA”

1. Both sides of Ryals Ln. from the West City limit to Bob White Way.

2. East side of Bob White Way between Ryals and Partridge Ln.

3. Both sides of the 200 Block of Renee St.

OPPORTUNITY AREA “1”

1. Both sides of Lilac Ln. from Culver Ave. to Orchard Ave.

2. Both sides of Plum Ln. from Culver Ave. to Orchard Ave.

3. Both sides of Orchard Ave. from Flower St. to the easterly terminus of the street.

4. Both sides of Bedford Rd. between Culver Ave. and La Veta Ave.

5. Both sides of Devon Rd. between Palmyra Ave. and Culver Ave. (permit parking between the hours 4:00p.m. and 9:00a.m.)

6. Both sides of Crest Rd. between Palmyra Ave. and Culver Ave.

Opportunity Area “2”

1. Both sides of Fairway Dr. from Cambridge St. to Tustin St.

2. Both sides of Young Cir. south of Fairway Dr.

3. Both sides of Greenview Dr. south of Fairway Dr.
761
Exhibit A

Page 7 of 7 ends

OPPORTUNITY AREA “3”

1. Wayfield St. between Palm Ave. and Walnut Ave.

2. Palm Ave. between Park Ln. and Wayfield St.

3. Park Ln. between Dana Pl. and Palm Ave.

4. Wayfield Cr. south of Palm Ave.

5. Both sides of Mount Vernon Ave. between Wayfield St. and Le May Ct.

6. Both sides of Park Ln. between Mount Vernon Ave. and Sycamore Ave.

7. Both sides of Martha Ave. east of Park Ln.

8. Both sides of Sycamore Ave. between Wayfield St. and Highland St.

9. Both sides of Highland St. between Sycamore Ave. and south terminus.

10. Both sides of Wayfield St. from Chapman Ave. north to include the cul-de-sac.

OPPORTUNITY AREA “4”

1. Both sides of Trenton Ave. from the westerly property lines of 331 E. Trenton Ave. and 1482 N.

Grant St. to Shaffer St.

2. Both sides of Grant St. from Trenton Ave. to the cul-de sac.

OPPORTUNITY AREA “5”

1. Both sides of Greengrove St. from Meats Ave. to the southern terminus.

2. Both sides of Del Mar Ave. from Cambridge St. to Greengrove St. 762
Exhibit B

Page 1 of 2 ends

EXHIBIT B
The following are descriptions of preemptively established permit parking opportunity areas approved by the City Council and are subject to Chapter 10.30 of the Orange Municipal Code. Any additions or deletions to the Neighborhood Permit Parking Program shall be made by amending this Master Resolution.

CHAPMAN UNIVERSITY NEIGHBORHOOD PERMIT PARKING OPPORTUNITY AREA “A”
Generally bounded by Lomita Avenue to the north, Cypress Street to the west, Chapman Avenue to the south, and Cambridge Street to the east, as shown in Exhibit C.

OPPORTUNITY AREA “1”
To the north, Opportunity Area “1” is comprised of the area bounded by Sycamore Avenue. To the west, Opportunity Area “1” is comprised of the area bounded by, but does not include, the 57 Freeway.

To the south, Opportunity Area “1” is comprised of the area bounded by, but does not include, the 22 Freeway from the 57 Freeway to Bedford Road, and La Veta Avenue from Bedford Road to Main Street. To the east, Opportunity Area “1” is comprised of the area bounded by, and inclusive of, the east side of Bedford Road from the 22 Freeway to La Veta Avenue; and bounded by, but does not include, Main Street from La Veta Avenue to Sycamore Avenue.

OPPORTUNITY AREA “2”
To the north, Opportunity Area “2” is comprised of the area bounded by, but does not include, the Santiago Creek Bike Trail. To the west, Opportunity Area “2” is comprised of the area bounded by, but does not include, Cambridge Street. To the south, Opportunity Area “2” is comprised of the area bounded by, but does not include, the 22 Freeway. To the east, Opportunity Area “2” is comprised of the area bounded by, but does not include, Tustin Street.

OPPORTUNITY AREA “3”
To the north, Opportunity Area “3” is comprised of the area bounded by, but does not include, the Walnut Avenue. To the west, Opportunity Area “3” is comprised of the area bounded by, and inclusive of, Wayfield Street from Walnut Avenue to Palm Avenue and Wayfield Street from Chapman Avenue to the northern terminus of Wayfield Street. To the south, Opportunity Area “2” is comprised of the area bounded by, but does not include, Chapman Avenue. To the east, Opportunity Area “2” is comprised of the area bounded by, but does not include, the 55 Freeway and Le May Court.

OPPORTUNITY AREA “4”
To the north, Opportunity Area “4” is comprised of the area bounded by, and inclusive of, Trenton Avenue. To the west, Opportunity Area “4” is comprised of the area bounded by the western property line of 331 East Trenton Avenue. To the south, Opportunity Area “4” is comprised of the area bounded by the prolongation of the southern property line of 1411 North Shaffer Street and 1412 North Shaffer Street. To the east, Opportunity Area “4” is comprised of the area bounded by, but does not include, Cambridge Street.
763
Exhibit B

Page 2 of 2 ends

OPPORTUNITY AREA “5”
To the north, Opportunity Area “5” is comprised of the area bounded by, and inclusive of, the south side of Meats Avenue. To the west, Opportunity Area “5” is comprised of the area bounded by, but does not include, Cambridge Street. To the south, Opportunity Area “5” is comprised of the area bounded by, and inclusive of, Del Mar Avenue and the southern terminus of Greengrove Street. To the east, Opportunity Area “5” is comprised of the area bounded by, and inclusive of, Greengrove Street.
764
765
766
FAIRWAY DR.

GREENVIEW DR.

C
A
M
B
RID
G
E
S
T. S.R.-22 FWY
Y
O
U
N
G
CIR.

PALMYRA AVE.

Area U
Area OpArea2

AREA MAP

NPPP OPPORTUNITY
AREA 2
0 .0.0325 0.065 0.13 0.195 0.26
Miles 767
768
769
770
FAIRWAY DR.

GREENVIEW DR.

C
A
M
B
RID
G
E
S
T. S.R.-22 FWY
Y
O
U
N
G
CIR.

PALMYRA AVE.

Area U
Area OpArea2

AREA MAP

NPPP OPPORTUNITY
AREA 2
. 0 0.0325 0.065 0.13 0.195 0.26
Miles
771

CAMBRIDGE ST

ALBION LN

RIGHTER CIR

SUNFLOWER CIR

HARVEST LN

WAVERLY ST

ROSWELL ST

RICHMOND ST

RIDGEWOOD ST

KEMPER AVE

DAYNA ST

YOUNG CIR

LA VETA AVE

ANNAPOLIS ST
SUM

MERFIELD W
AY

FIRWOOD CT ATWOOD CT AUTUMN RIDGE CT
CINNA
M
ON WA
Y
M
ARIG
OLD LN

NATURE WA
Y

EVERGREEN LN

GARDNER ST

ROSEWOOD AVE

TULAROSA AVE

SEDONA DR

GREENVIEW DR

FAIRWAY DR

ROCK CREEK DR
T
U
S
TIN
S
T
T
U
S
TIN
S
T

GREENGROVE ST

ALBION LN

FAIRWAY DR
CA

MBRIDGE ST
848
561
945
937
1517
639
615
710
930
920
910
957
947
937
927
917
907
572
534
842
512
502 965
925
935
915
558
534
556
836
840
830
820
811
810 811
825
700
681
530
522
529
545 542
935
913
945
925
846
827
823
801
795
793
791
789
585
1616
101-419
1212
841
95 705 0
849 843 842
523
532
548
539
531
520
557
547
542
546
540
524
520
558
548
538
534
521 524
531
545
535
557
548 549
523
543
533
934
944
924
912
925
913
946
936
926
912
821
814
804
558
567
557
547
537
527
557
547
556
532
534
544
522
547
539
535
525
519
543
521
531
535
544
536
532
557
549
535
529
521
548
544
534
548
568
548
1203
1035
1043
1015
10341024
1625
1-12
1543
1501
1047
1015
1005
1025
1204
11021016
1112
1429
1441
1503
114
1 1
047
1107
1037
1023
1119
1131
1444
1422
1245
1305
1315
1231
1331
1339
1440
1436
14261422
1408
1414
1348
1316
1232
1224
1216
1212
1202
1344
1334
1330
1322
1308
1302
1244
1238
1150
1135
1123
1141
1005
1004
1347
1407
1417
1429
1443
1201
1205
1215
1219
1227
1233
1243
1301 1308
1446
143
1 0
348
1408
1240
1248
141
1 8
318
1340
1328
1446
1452
1450
1448
1602
1538
1542
1622
1-10
1601
1533
1521
1511
1441
1417
1315
1429
1337
1323
1407
1335
1337
1329
1323
1317
1311
1303
1622
1614
1610
1606
1548
1542
1536
1516
1504
1510
1522
1634
1628
1446
1602
15441534 1539
1545
1541
1533
1527
1521
1511
1627
1633
1617
1611
1605
1507
1447
1443
1435
1417
1421
1409
1403
1343
1220
1227
1149
1014
1031
10191007 1006
1040
1136
1124
1026
1226
1210
1146
1236
1137
1235
1239
1249
1209
1231
122
1 3
219
1205
1145
1213
1141
1138
1144
1211
1223
1233
1217
1248
1240
1310
1320
1228
1332
1218
1342
1402
1410
1434
1534 1530
1035
1025
1429
1148
1245
958
49 1505

AREA MAP
STUDY
AREA
Atachment 3
Acivation Map PPOA #2
Request for Permit Parking for E. Fairway Dr. from Cambridge St. to Tustin St., Young Cir. south of Fairway Dr., Greenview Dr. south of Fairway Dr.

Attachment 3
Activation Map PPOA #2
772
773
774
775
776
777
City of Orange
City Traffic Commission
October 09, 2024

MINUTES - DRAFT
The Traffic Commission of the City of Orange, California convened on October 9, 2024, at 5:30 p.m. in a Regular Meeting in the Council Chamber, 300 E. Chapman Avenue, Orange, California.

1. OPENING/CALL TO ORDER
Chair Feliz called the meeting to order at 5:30 p.m.

1.1 PLEDGE OF ALLEGIANCE
Commissioner Joseph Barbeito led the flag salute.

1.2 ROLL CALL

Present: Ricci, Barbeito, Jurjis, Chavarria, and Feliz

Absent: Hamilton, and Tran

2. PUBLIC COMMENTS
None.

3. APPROVAL OF MINUTES

3.1. Approval of minutes of the City of Orange Traffic Commission Regular Meeting held on August 14, 2024.

A motion was made by Vice Chair Ricci, seconded by Commissioner Chavarria, to approve minutes as presented. The motion carried by the following vote:

Ayes: Ricci, Barbeito, Jurjis, Chavarria, and Feliz
Noes: None

Absent: Hamilton, and Tran

4. NEW BUSINESS

4.1. Request for Permit Parking on both sides of E. Fairway Drive, from S. Cambridge Street to S. Tustin Street; both sides of E. Young Circle, south of E. Fairway Drive; and both side of E. Greenview Drive, south of E. Fairway Drive.

A motion was made by Vice Chair Ricci, seconded by Commissioner Barbeito, to: 1) Approve the implementation of permit parking on both sides of E. Fairway Drive, from S. Cambridge Street to S. Tustin Street. 2) Approve the implementation of permit parking on both sides of E. Young Circle, south of E. Fairway Drive. 3) Approve the implementation of permit parking on both sides of E. Greenview Drive, south of Fairway Drive. 4) Forward to the City Council for final action. The motion carried by the following vote:

Page 1 of 2 ends

Draft
778
City Traffic Commission Minutes - Draft October 9, 2024 Ayes: Ricci, Barbeito, Jurjis, Chavarria, and Feliz
Noes: None

Absent: Hamilton, and Tran

4.2. Request for permit parking on both sides of E. Trenton Avenue from N. Shaffer Street to N. Cleveland Street
Public Speakers
Phil Paulsen spoke in opposition.

A motion was made by Commissioner Chavarria, seconded by Vice Chair Ricci, to: 1) Approve the implementation of permit parking on both sides of E. Trenton Avenue between N. Shaffer Street and N. Cleveland Street. 2) Forward to the City Council for final action. The motion carried by the following vote:

Ayes: Ricci, Barbeito, Jurjis, Chavarria, and Feliz
Noes: None

Absent: Hamilton, and Tran

4.3. Request for permit parking on south side of E. Meats Avenue from N. Cambridge Street to N. Greengrove Street.

Public Speakers
Mike Lopez spoke in support.

A motion was made by Chair Feliz, seconded by Vice Chair Ricci to: 1) Approve the implementation of permit parking on both sides of E. Meats Avenue between N.

Cambridge Street and N. Greengrove Street. 2) Forward to the City Council for final action. The motion carried by the following vote:

Ayes: Ricci, Barbeito, Jurjis, Chavarria, and Feliz
Noes: None

Absent: Hamilton, and Tran

5. ADJOURNMENT
There being no further business, the meeting was adjourned at 5:47 p.m.

The next Regular City Traffic Commission Meeting will be held on Wednesday, December 11, 2024, at 5:30 p.m., in the Council Chamber. /s/ _____ ________

LARRY TAY
CITY TRAFFIC ENGINEER.

Page 2 of 2 ends

Draft
779
780
Agenda Item
City Council
Item #: 9.2. 11/12/2024 File #: 24-0644
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Richard A. Rohm, City Treasurer
Trang Nguyen, Finance Director

1. SUBJECT
Monthly Treasurer’s Reports for July, August, and September 2024.

2. SUMMARY
These reports provide a compilation of three-monthly Treasurer’s Reports to the City Council for the first quarter of Fiscal Year 2024-2025. Included in the reports are an economic update and detail of the City’s portfolio holdings, monthly transactions, and consolidated information on all cash and investments

3. RECOMMENDED ACTION
Receive and file.

4. FISCAL IMPACT
None.

5. STRATEGIC PLAN GOALS
Goal 2: Be a fiscally healthy community
d: Effectively manage and develop City assets.

6. DISCUSSION AND BACKGROUND
The City’s Fiscal Year 2024-25 Statement of Investment Policy has been adopted by the City Council of the City of Orange as Resolution 11563 and is in accordance with the California Government Code Sections 53600 et seq. Per the Investment Policy, three monthly investment reports are to be submitted to the City Council within 45 days following the end of the quarter.

As required by the City’s present Investment Policy, the City Treasurer’s report delineates all investments made by the City Treasurer for the City, its special funds, and the Successor Agency funds, by investment type and by broker.

The monthly Compliance Report certifying compliance of all investments with both the Government Code and the City’s Investment Policy is included.

The Investment Portfolio Statement accurately reflects all investments held by the City and its agents as of the end of the month. A summary of Treasurer’s cash and investments is also included.

Summary of Cash and Investments:

The cash and investment report provides a summary of the cash and investment accounts held by City of Orange Page 1 of 4 Printed on 11/6/2024
powered by Legistar™781
Item #: 9.2. 11/12/2024 File #: 24-0644
The cash and investment report provides a summary of the cash and investment accounts held by the City as quarter ending September 30, 2024. As of September 30, 2024, the book value of the City’s total investment portfolio was $143.9 million, of which $103.0 million, or 71.6%, was managed by Chandler Asset Management (Chandler), the City’s investment manager. The remaining balance $40.9 million of the portfolio was managed by City staff of which $22.2 million was invested in the Local Agency Investment Fund (LAIF) and $18.2 million held in the City’s operating checking account.

Cash & Investments Balance₁
Chandler Investments: $103,019,494
Chandler Custodial Cash 2 470,961
LAIF, City: 14,028,218
LAIF, Successor Agency: 8,164,649
Wells Fargo Bank: 18,224,835
Balance at 9/30/2024 $143,908,157
(1)Represents the bank balance. Includes operating cash and investments (valued at cost). Does not include deposits with administrator, imprest cash, fiscal agent cash and investments, and deferred compensation. (2)Represents custodial cash account that Chandler holds with US Bank.

Pursuant to California Government Code Section 53646(b)(3), the City certifies that the reported cash and investment balances are sufficient to meet anticipated expenditures for the next six months.

In summary, cash and investments as of September 30, 2024, totaled $143,908,157. The City’s balances by fund is presented in the Cash and Investment by Fund attachment. The total cash and investments by fund type is comprised of:

Fund Type Amount (in
millions)
% of Total
General Fund $15.0 11%
Special Revenue Fund 29.9 21%
Enterprise Fund 37.5 26%
Capital Project Fund 30.6 21%
Internal Service Fund 23.4 16%
Other Funds 7.5 5%
Total $143.9
City of Orange Page 2 of 4 Printed on 11/6/2024
powered by Legistar™782
Item #: 9.2. 11/12/2024 File #: 24-0644
The City invests a large portion of its portfolio in Federal Agency Securities and U.S. Treasury Notes due to safety and preservation of capital to prevent loss. The City also invests a portion of its funds in LAIF which offers same day liquidity. Additionally, the City invests in high quality corporate notes, asset backed securities, and supranational agency bonds to obtain higher yields and add diversity to the portfolio. As of September 30, 2024, the City investments consisted of the following and are compliant with the Investment Policy:

Investment Type
Book Value as of
June 30, 2024
Percentage
of Portfolio
Investment
by Type
Maximum %/$ of
Portfolio Permitted
by Investment
Policy
In
Compliance?
Federal Agency Securities 40,630,590 28% 75% Yes
Local Agency Investment Fund (LAIF) 22,192,867 15% $75MM Yes Corporate Notes 26,937,645 19% 30% Yes
U.S. Treasury Notes 25,556,497 18% 100% Yes
Asset Backed Securities 6,027,839 4% 20% Yes
Supranational 3,672,347 3% 30% Yes
Money Market Fund 194,576 0% 20% Yes
Checking Account/Custodial Cash 18,695,795 13% N/A N/A
Total Investments 143,908,157 100%
City of Orange Page 3 of 4 Printed on 11/6/2024
powered by Legistar™783
Item #: 9.2. 11/12/2024 File #: 24-0644
Significant Cash Transactions:

The City’s total cash decreased by $31.4 million from the last quarter’s total of $175.3 million. Total cash fluctuates over the course of the fiscal year due to cyclical events. The City received large property tax allocations totaling $25.8 million last quarter compared to $1.7 million in the current quarter. Significant cash transactions in the first quarter of FY 2024-25 were payroll, which included an extra pay cycle in August, operational payments to vendors, and debt service payments. The debt service payments comprised of $1.9 million for the CFD 91-2 Serrano Heights Public Improvements, $1.2 million for the 2018A Tax Allocation Refunding Bonds, $1.1 million for the CFD 06-1 Del Rio Public Improvements, and $0.6 million for the 2008B Tax Allocation Refunding Bonds. Additionally, the City made an annual payment of $3.9 million for the FY 2024/25 insurance premium and a $3 million lumpsum payment to CalPERS for the FY 2024/25 unfunded accrued liabilities. All cash disbursements are within the FY 2024-25 budget and all check registers are presented to the City Council monthly.

1. SUBJECT
Monthly Treasurer’s Reports for July, August, and September 2024.

3. RECOMMENDED ACTION
Receive and file.

4. FISCAL IMPACT
None.

5. STRATEGIC PLAN GOALS
Goal 2: Be a fiscally healthy community
d: Effectively manage and develop City assets.

The monthly Compliance Report certifying compliance of all investments with both the Government Code and the City’s Investment Policy is included.

The Investment Portfolio Statement accurately reflects all investments held by the City and its agents as of the end of the month. A summary of Treasurer’s cash and investments is also included.

Summary of Cash and Investments:

The cash and investment report provides a summary of the cash and investment accounts held by City of Orange Page 1 of 4 Printed on 11/6/2024
powered by Legistar™785
Item #: 9.2. 11/12/2024 File #: 24-0644
The cash and investment report provides a summary of the cash and investment accounts held by the City as quarter ending September 30, 2024. As of September 30, 2024, the book value of the City’s total investment portfolio was $143.9 million, of which $103.0 million, or 71.6%, was managed by Chandler Asset Management (Chandler), the City’s investment manager. The remaining balance $40.9 million of the portfolio was managed by City staff of which $22.2 million was invested in the Local Agency Investment Fund (LAIF) and $18.2 million held in the City’s operating checking account.

Pursuant to California Government Code Section 53646(b)(3), the City certifies that the reported cash and investment balances are sufficient to meet anticipated expenditures for the next six months.

Fund Type Amount (in
millions)
% of Total
General Fund $15.0 11%
Special Revenue Fund 29.9 21%
Enterprise Fund 37.5 26%
Capital Project Fund 30.6 21%
Internal Service Fund 23.4 16%
Other Funds 7.5 5%
Total $143.9
City of Orange Page 2 of 4 Printed on 11/6/2024
powered by Legistar™786
Item #: 9.2. 11/12/2024 File #: 24-0644
The City invests a large portion of its portfolio in Federal Agency Securities and U.S. Treasury Notes due to safety and preservation of capital to prevent loss. The City also invests a portion of its funds in LAIF which offers same day liquidity. Additionally, the City invests in high quality corporate notes, asset backed securities, and supranational agency bonds to obtain higher yields and add diversity to the portfolio. As of September 30, 2024, the City investments consisted of the following and are compliant with the Investment Policy:

Investment Type
Book Value as of
June 30, 2024
Percentage
of Portfolio
Investment
by Type
Maximum %/$ of
Portfolio Permitted
by Investment
Policy
In
Compliance?
Federal Agency Securities 40,630,590 28% 75% Yes
Local Agency Investment Fund (LAIF) 22,192,867 15% $75MM Yes Corporate Notes 26,937,645 19% 30% Yes
U.S. Treasury Notes 25,556,497 18% 100% Yes
Asset Backed Securities 6,027,839 4% 20% Yes
Supranational 3,672,347 3% 30% Yes
Money Market Fund 194,576 0% 20% Yes
Checking Account/Custodial Cash 18,695,795 13% N/A N/A
Total Investments 143,908,157 100%
City of Orange Page 3 of 4 Printed on 11/6/2024
powered by Legistar™787
Item #: 9.2. 11/12/2024 File #: 24-0644
Significant Cash Transactions:

7. ATTACHMENTS
· Attachment 1 Cash and Investments by Fund
· Attachment 2 Investment Report for the Period Ending September 30, 2024 · Attachment 3 Monthly Statement for July 2024
· Attachment 4 Monthly Statement for August 2024
· Attachment 5 Monthly Statement for September 2024
City of Orange Page 4 of 4 Printed on 11/6/2024
powered by Legistar™788
City of Orange
Cash and Investments by Fund
As of September 30, 2024
Fund Fund Name Fund Type Balance
100 General Fund General Fund 14,539,849.70
105 Reimbursable Expenses General Fund (1,157,924.23)
110 Building Records Mgmt Fee General Fund 1,649,180.08 120 Prop 172 Special Revenue Fund 998,007.57
125 EMT Transport Fund Special Revenue Fund 1,663,778.43 126 Opioid Settlement Fund Special Revenue Fund 1,157,668.68 130 1% PEG Program Special Revenue Fund 416,902.63
140 CASp Certification & Training Fund Special Revenue Fund 387,983.23 150 OC Headstart (OCPT) Building Maint Special Revenue Fund 205,817.70 220 Sewer Enterprise Fund 13,514,968.37
245 AB 2766 Air Pollution Reduction Special Revenue Fund 292,990.35 263 Traffic Improvement -Measure M2 Special Revenue Fund 5,160,164.51 270 Gas Tax Maintenance Special Revenue Fund 436,531.23 274 Road Maint Rehabilitation Account (RMRA) Special Revenue Fund 3,095,747.46 287 Citywide TSIP Special Revenue Fund 4,427,247.22
291 Santiago Hills Landscape Maint 1986 & 2015 Special Revenue Fund 1,477,184.14 293 94-1 Sycamore Crossing Landscape Maint District Special Revenue Fund 131,355.91 294 Del Rio Landscape Maintenance District Special Revenue Fund 341,057.48 310 Community Development Block Grant (CDBG) Special Revenue Fund (79,828.63) 312 SB2-Building Homes & Jobs Act Special Revenue Fund 2,092,709.45 315 CDBG - Housing Rehab/Loans Special Revenue Fund 533,212.52 316 Federal Rental Rehabilitation Special Revenue Fund 161,030.57 317 HOME Grant Special Revenue Fund (284,082.51)
320 California Parklands Special Revenue Fund 136,475.62 350 Traffic Safety Special Revenue Fund 930,830.41
353 Federal Police Grants Special Revenue Fund (3,939.74) 354 Citizen's Option for Public Safety (COPS) Grant Special Revenue Fund 906,927.20 355 Asset Seizure- Federal Special Revenue Fund 2,280,298.00 356 Asset Seizure - State (85%) Special Revenue Fund 99,835.77 357 Asset Seizure - State (15%) Special Revenue Fund 228,772.65 358 RNSP - Federal Special Revenue Fund 334,797.11
359 RNSP - Treasury Special Revenue Fund 5,745.92
360 Asset Seizure - Treasury Special Revenue Fund 1,139,624.76 400 City Debt Service Debt Service Fund 0.49
500 Capital Projects Capital Project Fund 13,261,010.36 510 Park Acquisition (Infill) Capital Project Fund 9,344,041.26 511 Park Acquisition & Development (Quimby) Capital Project Fund 15,295.84 512 El Modena Park Facility - Cell Tower Fee Capital Project Fund 713,881.24 520 Sewer Construction Enterprise Fund 19,459.82
530 Drainage Districts Capital Project Fund 4,375.90
540 Old Towne Parking Facility Capital Project Fund 37,113.26 550 Reimbursable Capital Projects Capital Project Fund (836,489.72) 551 Grijalva Park Fund Capital Project Fund 6,385.22
553 City Infrastructure Bond Capital Project Fund (1,384,260.64) 555 Parking In Lieu Capital Project Fund 81,473.41
560 Fire Facility Fee Districts Capital Project Fund 968,065.71 570 Police Facility Fees Capital Project Fund 895,047.50 573 Library Facility Fees Capital Project Fund 807,488.00 600 Water Enterprise Fund 23,957,795.19
710 Equipment Expense Internal Service Fund 45,332.43
720 Equipment Replacement Internal Service Fund 4,980,674.50 725 Major Building Improvements Internal Service Fund 178,594.55 730 Self Insurance - Workers Compensation Internal Service Fund 3,548,369.84 740 Self Insurance - Liability Internal Service Fund (781,603.29) 752 Self Insurance - Dental Internal Service Fund 586,401.26 760 Employee Accrued Liability Internal Service Fund 4,363,458.38 780 Information Systems Fund Internal Service Fund 1,155,047.19 790 Computer Replacement Internal Service Fund 9,313,453.77 810 Cash Bond Deposit Other Funds 25,740.35
811 DPW Advance Payment Other Funds 1,172,988.07
812 Building Department/Cash Bond Deposit Other Funds 962.21 830 County Sanitation District 15 Other Funds 33,472.49 840 Eastern Foothill Transportation Corridor Other Funds 39,849.38 877 Community Facilities District 91-2 Other Funds 117,162.19 878 Comm Facilities District 06-1 Del Rio Other Funds 549,916.88 916 Affordable Housing - New Construction Special Revenue Fund 311,419.90 920 Redevelopment Obligation Retirement Fund Other Funds 1,242,865.36 921 Low & Moderate Income Housing Asset Fund Special Revenue Fund 912,048.81 940 Orange Merged Capital Projects Other Funds 4,213,116.07 951 City Trf: Tustin Project-Taxable Bonds Capital Project Fund 1,316,725.63 952 City Trf: Nw & Sw Merged 2003 Txbl Bonds Capital Project Fund 1,526,222.66 953 City Trf: Nw & Sw Merged 2003 Tax Exempt Capital Project Fund 756,194.55 954 City Trf: Merged 2008 Tax Exempt Bonds Capital Project Fund 3,069,621.22 987 Orange Merged Debt Service Other Funds 118,519.80
Total Pooled Cash and Investments 143,908,156.62
789

INVESTMENT REPORT
City of Orange | As of September 30, 2024
CHANDLER ASSET MANAGEMENT | chandlerasset.com
Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
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 at the end of the statement. 1 790

TABLE OF CONTENTS

ECONOMIC UPDATE

ACCOUNT PROFILE

CONSOLIDATED INFORMATION

PORTFOLIO HOLDINGS

TRANSACTIONS
2 791

ECONOMIC UPDATE
3 792



Recent economic data suggests positive but slower growth this year fueled by consumer spending. While the consumer has been resilient, declining savings rates, growing credit card debt, higher delinquencies, and a moderating labor market pose potential headwinds to future economic growth. Inflationary trends are subsiding, but core levels remain above the Fed’s target. The labor market is showing signs of cooling, reflecting an improved balance between supply and demand for workers. Given the cumulative effects of restrictive monetary policy and tighter financial conditions, we believe the economy will gradually soften and the Fed will continue to lower rates at a measured pace through this year with the ability to move more aggressively should the employment data warrant.

The Federal Open Market Committee (FOMC) delivered the first rate cut of the easing cycle with a 50 basis point cut at the September meeting. Although a reduction in the Fed Funds Rate was widely anticipated, the magnitude was somewhat of a surprise, as market participants were split between whether the FOMC would cut by 25 basis points or 50 basis points. Chair Jerome Powell reiterated previous statements acknowledging that monetary policy has shifted into a more balanced approach addressing price stability and full employment in tandem. The Fed released the quarterly Summary of Economic Projections (SEP) which now forecasts a substantially lower median Fed Funds Rate expectation among Fed Governors in 2025 due to lower inflation expectations and a higher projected unemployment rate. We believe the Fed will continue to lower rates at a measured pace through this year with the ability to move more aggressively should the employment data warrant.

The US Treasury yield curve shifted lower in September following the 50 basis points rate cut by the FOMC mid-month. The 2-year Treasury yield fell 28 basis points to 3.64%, the 5-year Treasury dropped 15 basis points to 3.56%, and the 10-year Treasury yield declined 12 basis points to 3.78%. The 2-year and 10-year Treasury yield points on the curve began to normalize to +14 basis points at September month-end versus -2 basis points at August month-end. The spread between the 2-year Treasury and 10-year Treasury yield one year ago was -47 basis points. The inversion between 3-month and 10-year Treasuries ended the month of September at -85 basis points.

ECONOMIC UPDATE
4 793
-400
-200
0 200
400
600
800
1,000 MOM Change In Thousands (000's)
Nonfarm Payroll (000's)
Non-farm Payroll (000's)
3-month average (000's)

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%
Unemployment Rate
Underemployment Rate (U6)
Unemployment Rate (U3)
Rate (%)
The U.S. economy added 254,000 jobs in September, well above expectations of 150,000. The three-month moving average and six-month moving average payrolls continued to trend weaker to 186,000 and 167,000 respectively. The unemployment rate declined to 4.1% in September, and the labor participation rate remained at 62.7%, remaining below the pre-pandemic level of 63.3%. The U-6 underemployment rate, which includes those who are marginally attached to the labor force and employed part time for economic reasons declined to 7.7% from 7.9%. Average hourly earnings rose 4.0% year-over-year in September. U.S. labor market data from September surprised to the upside, with strong job growth and a sharper-than-expected drop in unemployment, suggesting the economy may be more resilient than anticipated. The Federal Reserve’s view is that there has been “substantial” progress towards better balance in the labor market between demand and supply for workers.

Source: US Department of Labor Source: US Department of Labor

EMPLOYMENT
5 794
0 2,000
4,000
6,000
8,000
10,000
12,000
14,000
Job Openings
Recession
Historical Average
In Thousands (000's)
The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) increased to 8.04 million job openings in August from an upwardly revised 7.71 million in July. Job openings have increased to a ratio of 1.13 jobs for each unemployed individual. The quits rate, an indicator of job availability, declined to 1.9% from downwardly revised 2.0% in July. That is the lowest level since 2020. While the current level of job openings remains elevated from a historical perspective, the trend is decelerating.

Source: US Department of Labor

JOB OPENINGS & LABOR TURNOVER SURVEY
6 795

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Consumer Price Index (CPI)
CPI YOY % Change
Core CPI YOY % Change
YOY (%) Change

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

10.0%
Personal Consumption Expenditures (PCE)
PCE Price Deflator YOY % Change
PCE Core Deflator YOY % Change
Fed Target
YOY (%) Change
In September, the Consumer Price Index (CPI) rose 0.2% month-over-month and 2.4% year-over-year, down from 2.5% in August, but slightly higher than expected. The Core CPI, which excludes volatile food and energy components, rose by 0.3% month-over-month and

3.3% year-over-year, also exceeding consensus forecasts. The Personal Consumption Expenditures (PCE) Index rose 0.1% from the previous month and 2.2% year-over-year in August. The Core PCE deflator (the Fed’s preferred gauge) increased 0.1% month-over-month and 2.7% over the past year, still above the Fed’s 2% inflation target. Much of the lingering inflation has been driven by shelter costs and demand for services, but recent data provide confirmation that inflation is moderating.

Source: US Department of Labor Source: US Department of Commerce

INFLATION
7 796
-30.0%
-20.0%
-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%
Retail Sales YOY % Change
YOY (%) Change
Retail Sales grew more than expected month-over-month in September at 0.4% after growth of 0.1% in August. On a year-over-year basis, Retail Sales grew 1.7% in September versus 2.2% in August. Control-group sales, which are used to calculate gross domestic product, rose

0.7% month-over-month in September after last month’s increase of 0.3%. Apparel, grocery stores, and miscellaneous store retailers led the advance, while gas station sales fell reflecting lower gas prices. The Conference Board’s Consumer Confidence Index for September came in below expectations, contracting to 98.7 after an upward revision to 105.6 in August. The decline reflects recent softening in labor market conditions, and less optimism about the job market and income growth. While the consumer has been resilient, declining savings rates, growing credit card debt, higher delinquencies, and a moderating labor market pose potential risks to future spending. 0 20
40 60
80 100
120
140
160
Index Level
Consumer Confidence
Recession
Source: US Department of Commerce Source: The Conference Board All time high is 144.70 (1/31/00); All time low is 25.30 (2/28/09)

CONSUMER
8 797
-25.0%
-20.0%
-15.0%
-10.0%
-5.0%

0.0%

5.0%

10.0%

15.0%
Leading Economic Indicators (LEI)
Recession
YOY (%) Change
-1.00
-0.75
-0.50
-0.25

0.00 0.25

0.50 0.75

1.00 Chicago Fed National Activity Index (CFNAI)
Recession
3 Month Average
The Conference Board’s Leading Economic Index (LEI) remained in negative territory at -0.5% in September following a downwardly revised -0.3% in August. The LEI continued to signal uncertainty for economic activity ahead and is consistent with The Conference Board’s expectation for moderate growth at the end of 2024 and into early 2025. The Chicago Fed National Activity Index (CFNAI) declined to -0.28 in September after a downwardly revised -0.01 in August. The three-month moving average fell to -0.19 in September from -0.14 in August, indicating below-trend growth expectations for the economy.

Source: The Conference Board Source: Federal Reserve Bank of Chicago

LEADING INDICATORS OF ECONOMIC ACTIVITY
9 798
0 200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
2,200
2,400
In Thousands of Units
Annualized Housing Starts
Multi Family Housing Starts
Single Family Housing Starts
Housing starts surprised to the downside in September, declining -0.5% month-over-month to 1.354 million units after an increase of 7.8% in August. The decline can be attributed to a drop in multi-family housing projects. Total starts were down 0.7% year-over-year. The Freddie Mac average rate for a 30-year fixed mortgage dropped to 6.18% in September from 6.44% in August. According to the CaseShiller 20-City Home Price Index, housing prices rose 5.9% year-over-year in July, decelerating from 6.5% reported in the previous month.

Although the trend is gradually improving, tight inventories and higher mortgage rates continue to impact affordability.

Source: US Department of Commerce Source: S&P
-20.0%
-16.0%
-12.0%
-8.0%
-4.0%

0.0%

4.0%

8.0%

12.0%

16.0%

20.0%

24.0%
S&P/Case-Shiller 20 City Composite Home Price Index
Recession
YOY (%) Change

HOUSING
10 799
40 45
50 55
60 65
70 Institute of Supply Management (ISM) Surveys
ISM Manufacturing ISM Services

EXPANDING

CONTRACTING
The Institute for Supply Management (ISM) Manufacturing index contracted at a slower rate of 47.2 in September compared to 47.5 in August. Demand remains subdued and companies are continuing to reduce head counts through layoffs, attrition and hiring freezes. The ISM Services Index increased to 54.9 in September, increasing from 51.7 in August, due to stronger production and new orders. A reading over 50 indicates expansion, while a reading under 50 indicates contraction.

Source: Institute for Supply Management

SURVEY BASED MEASURES
11 800
Components of GDP 9/23 12/23 3/24 6/24

1.7% 2.3% 1.3% 1.9%

1.8% 0.2% 0.6% 1.5%
-0.1% 0.1% -0.6% -0.9%

0.3% 0.0% 0.0% 0.3%

0.6% 0.6% 0.3% 0.3%

4.4% 3.2% 1.6% 3.0%
State and Local (Consumption and Gross
Investment)
Personal Consumption Expenditures
Gross Private Domestic Investment
Net Exports and Imports
Federal Government Expenditures
Total
-40.0%
-30.0%
-20.0%
-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%
Gross Domestic Product (GDP)
GDP QOQ % Change
GDP YOY % Change
Source: US Department of Commerce Source: US Department of Commerce According to the third estimate, second quarter GDP increased at an annualized rate of 3.0%, unchanged from the prior estimate. Growth continues to be powered by personal consumption expenditures. Gross fixed investment, government consumption expenditures, and inventories also had positive contributions, with a negative offset by net exports. The consensus projection calls for 2.0% growth in the third quarter and 2.6% growth for the full year 2024.

GROSS DOMESTIC PRODUCT (GDP)
12 801
Source: Federal Reserve Source: Bloomberg
0 1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
Federal Reserve Balance Sheet Assets
Recession
In $ millions
The Federal Open Market Committee (FOMC) delivered the first rate cut of the easing cycle at the September meeting. Although a reduction in the Fed Funds Rate was widely anticipated, the magnitude was somewhat of a surprise, as market participants were split between whether the FOMC would cut by 25 basis points or 50 basis points. Chair Jerome Powell reiterated previous statements acknowledging that monetary policy has shifted into a more balanced approach addressing price stability and full employment in tandem.

The Fed released the quarterly Summary of Economic Projections (SEP) which now forecasts a substantially lower median Fed Funds Rate expectation among Fed Governors in 2025 to 3.1 – 3.6%. The Fed continues to reduce its holdings of U.S. Treasury securities and agency mortgage-backed securities as per its predefined schedule of $25 billion and $35 billion per month. Since the Fed began its Quantitative Tightening campaign in June 2022, securities holdings have declined by approximately $1.8T to approximately $7.1T.

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%
Effective Federal Funds Rate
Recession
Yield (%)

FEDERAL RESERVE
13 802
Source: Bloomberg Source: Bloomberg

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
US Treasury Note Yields
2-Year
5-Year
10-Year
Yield (%)

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%
US Treasury Yield Curve
Sep-24
Jun-24
Sep-23
Yield (%)
At the end of September, the 2-year Treasury yield was 140 basis points lower, and the 10-Year Treasury yield was 79 basis points lower, year-over-year. The 2-year and 10-year Treasury yield points on the curve began to normalize to +14 basis points at September month-end versus -2 basis points at August month-end. The yield curve inversion which began in July 2022 was historically long. The average historical spread (since 2003) is about +110 basis points. The inversion between 3-month and 10-year Treasuries tightened to -85 basis points in September from -121 basis points in August.

BOND YIELDS
14 803

ACCOUNT PROFILE
15 804

OBJECTIVES
Investment Objectives
The investment objectives of the City of Orange are first, to provide safety of principal to ensure the preservation of capital in the overall portfolio;second, to provide adequate liquidity to meet all requirements which might be reasonably anticipated; and third, to earn a commensurate rate of return.

Chandler Asset Management Performance Objective
The performance objective for the portfolio isto achieve a rate of return over a market cycle that equals or exceeds the return on a market index ofsimilar duration and sector allocation.

Strategy
In order to achieve these objectives, the portfolio invests in high quality fixed income securities consistent with the investment policy and California Government Code.
16 805

STATEMENT OF COMPLIANCE
City of Orange Cons | Account #10897 | As of September 30, 2024 Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (BV; ABS, CMO & MBS) 20.0 4.2 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (BV) 20.0 4.2 Compliant
Max % Issuer (BV) 5.0 0.7 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

COMMERCIAL PAPER
Max % (BV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (BV) 30.0 18.8 Compliant
Max % Issuer (BV) 5.0 3.5 Compliant
Max Maturity (Years) 5 4 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 75.0 27.8 Compliant
Max % Issuer (MV) 30.0 13.7 Compliant
Max Callables (MV) 20.0 17.8 Compliant
Max Maturity (Years) 5 4 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 22.2 Compliant

LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (MV) 100.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
17 806

STATEMENT OF COMPLIANCE
City of Orange Cons | Account #10897 | As of September 30, 2024 Rules Name Limit Actual Compliance
Status Notes
Max % (MV) 20.0 0.1 Compliant
Max % Issuer (BV) 20.0 0.1 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

MORTGAGE-BACKED SECURITIES (NON-AGENCY)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

PORTFOLIO CHARACTERISTICS
City of Orange | Account #10888 | As of September 30, 2024 Benchmark* 9/30/2024
Portfolio
6/30/2024
Portfolio
Average Maturity (yrs) 2.69 2.66 2.57
Average Modified Duration 2.52 2.30 2.23
Average Purchase Yield 3.09% 2.87%
Average Market Yield 3.66% 3.97% 4.96%
Average Quality** AA+ AA AA
Total Market Value 103,667,273 100,583,322
*Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index **The credit quality is a weighted average calculation of the highest of S&P, Moody’s and Fitch. 19 808

SECTOR DISTRIBUTION
City of Orange | Account #10888 | As of September 30, 2024 Sector as a Percentage of Market Value
Sector 09/30/2024 06/30/2024
Agency 38.89% 43.73%
Corporate 26.15% 26.12%
US Treasury 25.19% 21.23%
ABS 5.96% 5.16%
Supras 3.62% 3.64%
Money Mkt Fd 0.19% 0.12%
20 809

ISSUERS
City of Orange | Account #10888 | As of September 30, 2024 Issuer Investment Type % Portfolio
United States US Treasury 25.19%
Federal Home Loan Banks Agency 19.10%
Farm Credit System Agency 8.05%
FHLMC Agency 7.96%
Toyota Motor Corporation Corporate 4.69%
FNMA Agency 3.78%
Apple Inc. Corporate 2.79%
PepsiCo, Inc. Corporate 2.02%
International Bank for Recon and Dev Supras 1.93%
UnitedHealth Group Incorporated Corporate 1.74%
Inter-American Development Bank Supras 1.69%
American Express Credit Master Trust ABS 1.39%
Cisco Systems, Inc. Corporate 1.26%
The Home Depot, Inc. Corporate 1.25%
Chubb Limited Corporate 1.24%
Merck & Co., Inc. Corporate 1.22%
Caterpillar Inc. Corporate 1.21%
Bank of America Corporation Corporate 1.20%
PACCAR Inc Corporate 1.19%
JPMorgan Chase & Co. Corporate 1.19%
Chase Issuance Trust ABS 1.05%
Royal Bank of Canada Corporate 0.99%
Bank of Montreal Corporate 0.99%
John Deere Owner Trust ABS 0.89%
Deere & Company Corporate 0.77%
Morgan Stanley Corporate 0.75%
Eli Lilly and Company Corporate 0.69%
BMW Vehicle Owner Trust ABS 0.63%
Honda Auto Receivables 2024-3 Owner ABS 0.62%
Honda Auto Receivables Owner Trust ABS 0.53%
21 810

ISSUERS
City of Orange | Account #10888 | As of September 30, 2024 Issuer Investment Type % Portfolio
Bank of America Credit Card Trust ABS 0.50%
National Rural Utilities Cooperative Corporate 0.49%
Union Pacific Corporation Corporate 0.46%
Hyundai Auto Receivables Trust 2024- ABS 0.28%
First American Govt Oblig fund Money Mkt Fd 0.19%
BMW Vehicle Lease Trust ABS 0.06%
Cash Cash 0.01%
TOTAL 100.00%
22 811

QUALITY DISTRIBUTION
Rating 09/30/2024 06/30/2024
AAA 7.7% 7.5%
AA 68.1% 69.0%
A 22.1% 22.1%
NR 2.0% 1.4%
Rating 09/30/2024 06/30/2024
AAA 73.7% 74.0%
A 23.4% 23.4%
NR 2.9% 2.7%
Rating 09/30/2024 06/30/2024
AAA 5.1% 4.2%
AA 68.4% 69.3%
A 12.6% 11.5%
NR 13.8% 15.0%
City of Orange | Account #10888 | As of September 30, 2024 S&P Rating Moody’s Rating Fitch Rating
23 812
0-.25 .25-.5 .5-1 1-2 2-3 3-4 4-5 5-7 7+
Portfolio 1.5% 3.8% 11.7% 34.1% 7.1% 28.1% 13.8% 0.0% 0.0% ICE BofA 1-5 Year Unsubordinated US Treasury &
Agency Index 0.1% 0.1% 2.2% 34.9% 26.8% 22.5% 13.4% 0.0% 0.0%

DURATION DISTRIBUTION
City of Orange | Account #10888 | As of September 30, 2024 Portfolio Compared to the Benchmark
24 813
3 Months 12 Months 2 Years 3 Years 5 Years 10 Years Since Inception

TOTAL RATE OF RETURN
City of Orange 3.08% 7.48% 5.29% 1.16%
Benchmark 3.37% 7.44% 4.75% 1.08%
*Periods over 1 year are annualized.

Benchmark: ICE BofA 1-5 Year Unsubordinated US Treasury & Agency Index Total rate of return: A measure of a portfolio’s performance over time. It is the internal rate of return, which equates the beginning value of the portfolio with the ending market value; it includes interest earnings, realized and unrealized gains and losses in the portfolio.

INVESTMENT PERFORMANCE
City of Orange | Account #10888 | As of September 30, 2024 Total Rate of Return : Inception | 01/01/2022
25 814

HISTORICAL AVERAGE PURCHASE YIELD
City of Orange | Account #10888 | As of September 30, 2024 Purchase Yield as of 09/30/24
26 815

PORTFOLIO HOLDINGS
27 816

HOLDINGS REPORT
City of Orange | Account #10888 | As of September 30, 2024 Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025 58,596.39 02/07/20235.43%
58,595.00
58,595.82
100.08

4.88%
58,644.75

50.39 0.06%

48.94 Aaa/AAA
NA

1.15 0.25
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027 210,000.00 02/16/20235.09%
209,960.98
209,976.03
100.51

4.49%
211,061.80
294.00

0.20%
1,085.77
Aaa/NA
AAA

2.56 0.84
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 395,000.00 02/22/2023

3.39%
394,928.03
394,952.27
100.69

4.46%
397,709.31
879.53

0.39%
2,757.03
Aaa/NA
AAA

3.13 1.14
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028 190,000.00 07/11/20235.47%
189,966.33
189,975.15
101.24

4.43%
192,355.07
173.22

0.19%
2,379.92
NA/AAA
AAA

3.41 1.12
02582JJZ4 AMXCA 2023-1 A 4.87 05/15/2026 350,000.00 06/07/2023

4.87%
349,968.96
349,977.78
101.19

4.14%
354,181.70
757.56

0.34%
4,203.92
NA/AAA
AAA

1.62 1.53
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028 330,000.00 11/01/20235.74%
329,941.89
329,953.19
102.32

4.18%
337,667.65
519.75

0.33%
7,714.46
Aaa/NA
AAA

3.73 1.47
02582JKD1 AMXCA 2023-3 A 5.23 09/15/2028 1,055,000.00 09/12/2023

5.29%
1,054,952.84
1,054,962.62
102.30

4.04%
1,079,264.79
2,452.29

1.05%
24,302.17
NA/AAA
AAA

3.96 1.82
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 1,060,000.00 09/07/2023

5.17%
1,059,706.17
1,059,767.61
102.17

4.04%
1,083,006.66
2,430.93

1.05%
23,239.06
NR/AAA
AAA

3.96 1.82
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 450,000.00 06/04/20245.24%
449,931.65
449,936.10
102.19

4.05%
459,865.22
388.50

0.45%
9,929.12
Aaa/AAA
NA

4.41 1.84
44934QAD3 HART 2024-B A3 4.84 03/15/2029 285,000.00 07/16/2024

4.90%
284,956.99
284,958.74
101.71

4.12%
289,862.21
613.07

0.28%
4,903.47
NA/AAA
AAA

4.45 2.19
47786WAD2 JDOT 2024-B A3 5.2 03/15/2029 510,000.00 06/11/2024

5.26%
509,900.30
509,906.35
102.53

4.20%
522,900.81
1,178.67

0.51%
12,994.46
Aaa/NA
AAA

4.45 2.36
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029 630,000.00 08/09/20244.62%
629,901.03
629,903.46
100.97

4.15%
636,085.30
799.75

0.62%
6,181.84
Aaa/NA
AAA

4.47 2.07
05522RDJ4 BACCT 2024-1 A 4.93 03/15/2029 505,000.00 06/06/2024

4.93%
504,971.67
504,973.47
102.32

4.03%
516,721.20
1,106.51

0.50%
11,747.74
Aaa/AAA
NA

4.45 2.41
Total ABS 6,028,596.39 5.02%
6,027,681.84
6,027,838.56
101.84

4.14%
6,139,326.46
11,644.17

5.96%
111,487.90
Aaa/AAA
AAA

3.86 1.81
AGENCY
3135GA4W8 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.5 02/18/2025 3,950,000.00 11/20/2020

0.50%
3,950,000.00
3,950,000.00

98.45 4.65%
3,888,592.47
2,359.03

3.78%
(61,407.53)
Aaa/AA+
AA+

0.39 0.37
28 817

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3130ANA42 FEDERAL HOME LOAN BANKS 0.65
04/28/2025 4,000,000.00 07/28/20210.65%
4,000,000.00
4,000,000.00

97.87 4.44%
3,914,920.68
4,550.00

3.80%
(85,079.32)
Aaa/AA+
AA+

0.57 0.56
3130AMBG6 FEDERAL HOME LOAN BANKS 0.75
04/29/2025 5,000,000.00 05/04/20210.75%
5,000,000.00
5,000,000.00

97.92 4.44%
4,895,936.50
15,833.33

4.75%
(104,063.50)
Aaa/AA+
AA+

0.58 0.56
3134GW3Z7 FEDERAL HOME LOAN MORTGAGE
CORP 0.6 10/28/2025 8,500,000.00 10/28/20200.60%
8,500,000.00
8,500,000.00

96.45 4.01%
8,198,187.19
21,675.00

7.96%
(301,812.82)
Aaa/AA+
AA+

1.08 1.05
3133EPCF0 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 03/02/2026 2,000,000.00 03/27/2023

4.01%
2,026,680.00
2,012,891.18
100.87

3.87%
2,017,308.42
7,250.00

1.96%
4,417.24
Aaa/AA+
AA+

1.42 1.36
3133EPQC2 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.625 07/17/2026 2,000,000.00 07/28/20234.66% 1,998,260.00
1,998,948.28
101.57

3.71%
2,031,359.54
19,013.89

1.97%
32,411.26
Aaa/AA+
AA+

1.79 1.70
3130ANDF4 FEDERAL HOME LOAN BANKS 0.9
07/29/2026 5,000,000.00 07/29/2021

0.90%
5,010,000.00
5,000,000.00

94.84 3.85%
4,742,244.10
7,750.00

4.60%
(257,755.90)
Aaa/AA+
AA+

1.83 1.78
3133EPDJ1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.375 09/15/2027 2,000,000.00 03/27/20233.81% 2,045,720.00
2,030,227.87
102.02

3.65%
2,040,430.54
3,888.89

1.98%
10,202.67
Aaa/AA+
AA+

2.96 2.75
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 2,000,000.00 03/27/20233.82%
2,060,420.00
2,041,949.98
102.91

3.59%
2,058,249.10
5,250.00

2.00%
16,299.12
Aaa/AA+
AA+

3.44 3.17
3130AEB25 FEDERAL HOME LOAN BANKS 3.25
06/09/2028 2,000,000.00 07/24/20234.15%
1,921,180.00
1,940,387.12

98.89 3.57%
1,977,743.46
20,222.22

1.92%
37,356.34
Aaa/AA+
AA+

3.69 3.41
3130AXQK7 FEDERAL HOME LOAN BANKS 4.75
12/08/2028 2,000,000.00 01/29/20244.05%
2,060,660.00
2,052,282.49
104.35

3.62%
2,086,919.50
29,819.44

2.03%
34,637.01
Aaa/AA+
AA+

4.19 3.73
3133ERDH1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 04/30/2029 2,100,000.00 04/29/20244.70% 2,104,263.00
2,103,903.47
104.80

3.60%
2,200,784.84
41,839.58

2.14%
96,881.37
Aaa/AA+
AA+

4.58 4.03
40,677,183.00 98.86 40,052,676.33 38.89% Aaa/AA+ 1.74
Total Agency 40,550,000.00 1.94% 40,630,590.39 4.02% 179,451.39 (577,914.06) AA+ 1.63 CASH
CCYUSD Receivable 11,119.45 --

0.00%
11,119.45
11,119.45

1.00 0.00%
11,119.45

0.00 0.01%

0.00 Aaa/AAA
AAA

0.00 0.00
11,119.45 1.00 11,119.45 0.01% Aaa/AAA 0.00
Total Cash 11,119.45 0.00% 11,119.45 0.00% 0.00 0.00 AAA 0.00

CORPORATE
29 818

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
14913Q3B3 CATERPILLAR FINANCIAL SERVICES
CORP 2.15 11/08/2024 1,250,000.00 05/31/20222.86%
1,229,100.00
1,249,107.64

99.69 5.09%
1,246,185.23
10,675.35

1.21%
(2,922.42)
A2/A
A+

0.11 0.10
24422EWF2 JOHN DEERE CAPITAL CORP 3.4
06/06/2025 280,000.00 06/01/20223.41%
279,935.60
279,985.43

99.29 4.46%
278,025.99
3,041.11

0.27%
(1,959.43)
A1/A
A+

0.68 0.66
91324PEN8 UNITEDHEALTH GROUP INC 5.15
10/15/2025 775,000.00 12/28/20224.56%
786,780.00
779,377.08
101.02

4.14%
782,899.47
18,404.10

0.76%
3,522.39
A2/A+
A

1.04 0.98
89236THP3 TOYOTA MOTOR CREDIT CORP 0.8
10/16/2025 5,000,000.00 11/19/20200.70%
5,025,000.00
5,005,301.34

96.54 4.23%
4,827,107.35
18,333.33

4.69%
(178,193.99)
A1/A+
A+

1.04 1.01
63743HFF4

NATIONAL RURAL UTILITIES
COOPERATIVE FINANCE CORP 5.45
10/30/2025
495,000.00 10/20/2022

5.50%
494,336.70
494,761.33
101.30

4.21%
501,416.13
11,315.56

0.49%
6,654.79
A2/AA1.08

1.02 037833EB2 APPLE INC 0.7 02/08/2026 3,000,000.00 02/08/2021

0.70%
2,999,730.00
2,999,926.81

95.87 3.87%
2,875,979.01
3,091.67

2.79%
(123,947.80)
Aaa/AA+
NA

1.36 1.32
713448FQ6 PEPSICO INC 4.55 02/13/2026 195,000.00 02/13/2023

4.57%
194,886.90
194,948.31
100.80

3.94%
196,554.58
1,183.00

0.19%
1,606.27
A1/A+
NA

1.37 1.23
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026 470,000.00 02/13/20234.77%
469,689.80
469,856.22
100.75

4.18%
473,535.26
2,480.56

0.46%
3,679.04
A3/AA1.39

1.25 46647PBK1 JPMORGAN CHASE & CO 2.083
04/22/2026 1,250,000.00 05/31/20223.92%
1,190,825.00
1,237,873.34

98.40 6.11%
1,230,054.61
11,499.90

1.19%
(7,818.73)
A1/AAA1.56

0.54 61747YET8 MORGAN STANLEY 4.679
07/17/2026 775,000.00 12/28/20225.26%
764,390.25
771,700.99

99.86 5.78%
773,907.16
7,453.91

0.75%
2,206.17
A1/AA+1.79

0.76 24422EXD6 JOHN DEERE CAPITAL CORP 5.15
09/08/2026 505,000.00 09/05/20235.18%
504,641.45
504,768.71
102.34

3.88%
516,821.77
1,661.59

0.50%
12,053.06
A1/A
A+

1.94 1.83
713448FW3 PEPSICO INC 5.125 11/10/2026 380,000.00 11/08/2023

5.13%
379,897.40
379,927.92
102.56

3.85%
389,736.72
7,627.71

0.38%
9,808.81
A1/A+
NA

2.11 1.88
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027 1,000,000.00 03/30/2023

4.91%
991,550.00
994,404.73
101.73

4.07%
1,017,331.41
2,219.44

0.99%
22,926.68
A2/AAA2.96

2.66 78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028 1,000,000.00 03/30/20234.95%
997,990.00
998,622.44
102.37

4.12%
1,023,749.14
10,752.78

0.99%
25,126.70
A1/A
AA3.282.98
06051GGF0 BANK OF AMERICA CORP 3.824
01/20/2028 1,250,000.00 06/27/20245.30%
1,206,175.00
1,210,623.05

98.92 4.94%
1,236,475.43
9,427.22

1.20%
25,852.37
A1/AAA3.31

2.16 713448FL7 PEPSICO INC 3.6 02/18/2028 1,500,000.00 03/27/2024

4.49%
1,452,735.00
1,458,950.58

99.33 3.81%
1,490,000.94
6,450.00

1.45%
31,050.36
A1/A+
NA

3.39 3.14
30 819

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
58933YBH7 MERCK & CO INC 4.05 05/17/2028 1,250,000.00 09/26/2024

3.76%
1,261,775.00
1,261,738.71
100.84

3.80%
1,260,522.01
18,843.75

1.22%
(1,216.70)
A1/A+
NA

3.63 3.23
91324PEU2 UNITEDHEALTH GROUP INC 4.25
01/15/2029 1,000,000.00 05/28/20245.05%
967,180.00
969,604.65
100.86

4.03%
1,008,613.99
8,972.22

0.98%
39,009.34
A2/A+
A

4.29 3.79
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 1,200,000.00 03/27/20244.70%
1,194,684.00
1,195,245.63
102.54

3.95%
1,230,499.15
9,353.33

1.19%
35,253.52
A1/A+
NA

4.34 3.88
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 1,250,000.00 02/27/2024

4.84%
1,250,650.00
1,250,572.06
103.42

3.99%
1,292,729.03
5,894.10

1.26%
42,156.97
A1/AANA4.41

3.86 437076DC3 HOME DEPOT INC 4.75
06/25/2029 1,250,000.00 06/27/20244.82%
1,245,987.50
1,246,196.60
103.07

4.03%
1,288,390.53
15,833.33

1.25%
42,193.93
A2/A
A

4.73 4.10
532457CQ9 ELI LILLY AND CO 4.2 08/14/2029 705,000.00 08/12/2024

4.25%
703,456.05
703,496.64
100.96

3.98%
711,752.79
3,865.75

0.69%
8,256.16
A1/A+
NA

4.87 4.28
171239AL0 CHUBB INA HOLDINGS LLC 4.65
08/15/2029 1,250,000.00 09/26/20244.08%
1,280,725.00
1,280,654.85
102.32

4.12%
1,279,038.74
9,848.96

1.24%
(1,616.11)
A3/A
A

4.87 4.24
Total Corporate 27,030,000.00 3.44%
26,872,120.65
26,937,645.05

99.70 4.27%
26,931,326.44
198,228.66

26.15%
(6,318.61)
A1/A+
A+

2.52 2.17

MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 194,575.54 --

4.54%
194,575.54
194,575.54

1.00 4.54%
194,575.54

0.00 0.19%

0.00 Aaa/AAAm
AAA

0.00 0.00
Total Money Market
Fund 194,575.54 4.54%
194,575.54
194,575.54

1.00 4.54%
194,575.54

0.00 0.19%

0.00 Aaa/AAAm
AAA

0.00 0.00

SUPRANATIONAL
4581X0EK0 INTER-AMERICAN DEVELOPMENT
BANK 4.5 05/15/2026 1,720,000.00 06/27/20234.53%
1,718,675.60
1,719,250.27
101.03

3.84%
1,737,724.82
29,240.00

1.69%
18,474.56
Aaa/AAA
NA

1.62 1.53
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
2,000,000.00 07/24/2023

4.19%
1,938,380.00
1,953,096.75

99.62 3.61%
1,992,371.58
15,361.11

1.93%
39,274.83
Aaa/AAA
NA

3.78 3.48
Total Supranational 3,720,000.00 4.35%
3,657,055.60
3,672,347.01
100.28

3.71%
3,730,096.40
44,601.11

3.62%
57,749.39
Aaa/AAA
NA

2.78 2.57
31 820

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration

US TREASURY
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 3,000,000.00 09/30/20211.01%
2,980,546.88
2,992,233.67

94.73 3.64%
2,841,796.86

72.12 2.76%
(150,436.81)
Aaa/AA+
AA+

2.00 1.95
91282CGT2 UNITED STATES TREASURY 3.625
03/31/2028 1,500,000.00 09/26/20243.56%
1,503,398.44
1,503,387.83
100.20

3.56%
1,503,046.88
149.38

1.46%
(340.95)
Aaa/AA+
AA+

3.50 3.26
91282CHA2 UNITED STATES TREASURY 3.5
04/30/2028 2,200,000.00 06/13/20244.33%
2,135,203.13
2,140,191.02

99.75 3.57%
2,194,585.93
32,222.83

2.13%
54,394.91
Aaa/AA+
AA+

3.58 3.29
9128284N7 UNITED STATES TREASURY 2.875
05/15/2028 2,000,000.00 07/31/20234.23%
1,883,281.25
1,911,827.32

97.61 3.58%
1,952,265.62
21,718.75

1.90%
40,438.30
Aaa/AA+
AA+

3.62 3.37
912810FE3 UNITED STATES TREASURY 5.5
08/15/2028 2,100,000.00 04/29/20244.59%
2,173,746.09
2,166,503.17
107.30

3.47%
2,253,398.45
14,751.36

2.19%
86,895.28
Aaa/AA+
AA+

3.88 3.47
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 2,200,000.00 05/28/20244.57%
2,226,640.63
2,224,579.94
104.88

3.58%
2,307,421.86
44,881.79

2.24%
82,841.93
Aaa/AA+
AA+

4.08 3.62
9128285M8 UNITED STATES TREASURY 3.125
11/15/2028 2,000,000.00 12/28/20233.86%
1,935,078.13
1,945,164.14

98.26 3.58%
1,965,156.24
23,607.34

1.91%
19,992.10
Aaa/AA+
AA+

4.13 3.78
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 2,200,000.00 03/27/20244.18%
2,206,617.19
2,205,928.97
102.78

3.56%
2,261,101.57
8,006.91

2.20%
55,172.60
Aaa/AA+
AA+

4.41 3.99
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 2,200,000.00 05/28/20244.53%
2,161,156.25
2,163,904.11
102.27

3.57%
2,249,929.68
249.31

2.18%
86,025.57
Aaa/AA+
AA+

4.50 4.08
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 2,000,000.00 -- 4.13%
2,042,382.82
2,041,249.11
104.42

3.57%
2,088,437.50
38,709.24

2.03%
47,188.39
Aaa/AA+
AA+

4.58 4.04
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 2,200,000.00 06/13/20244.25%
2,224,578.13
2,223,099.64
104.00

3.56%
2,288,000.00
33,270.49

2.22%
64,900.36
Aaa/AA+
AA+

4.67 4.13
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 2,000,000.00 09/26/20243.56%
2,038,515.62
2,038,428.48
101.90

3.57%
2,037,968.76
13,478.26

1.98%
(459.72)
Aaa/AA+
AA+

4.83 4.34
Total US Treasury 25,600,000.00 3.84%
25,511,144.56
25,556,497.41
101.47

3.57%
25,943,109.35
231,117.77

25.19%
386,611.94
Aaa/AA+
AA+

3.94 3.58
Total Portfolio 103,134,291.38 3.09%
102,950,880.64
103,030,613.42

99.77 3.97%
103,002,229.97
665,043.10
100.00%
(28,383.45)
Aa2/AAAA2.66

2.30 Total Market Value +
Accrued 103,667,273.07
32 821

HOLDINGS REPORT
City of Orange LAIF Balances | Account #10895 | As of September 30, 2024 Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
CASH
CCYUSD Receivable 459,166.52 --

0.00%
459,166.52
459,166.52

1.00 0.00%
459,166.52

0.00 2.03%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Cash 459,166.52 0.00%
459,166.52
459,166.52

1.00 0.00%
459,166.52

0.00 2.03%

0.00 Aaa/AAA
AAA

0.00 0.00
LAIF
90LAIF$00 Local Agency Investment Fund
State Pool 22,192,867.38 --

4.58%
22,192,867.38
22,192,867.38

1.00 4.58%
22,192,867.38

0.00 97.97%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 22,192,867.38 4.58%
22,192,867.38
22,192,867.38

1.00 4.58%
22,192,867.38

0.00 97.97%

0.00 NA/NA
NA

0.00 0.00
Total Portfolio 22,652,033.90 4.49%
22,652,033.90
22,652,033.90

1.00 4.49%
22,652,033.90

0.00 100.00%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Market Value +
Accrued 22,652,033.90
33 822

HOLDINGS REPORT
City of Orange Bank Balances | Account #10896 | As of September 30, 2024 Cusip Security Description Par Value/
Units
Purchase
Date
Purchase
Yield
Cost Value
Book Value
Mkt
Price
Mkt
YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
CASH
CCYUSD Receivable 675.47 --

0.00%
675.47
675.47

1.00 0.00%
675.47

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00
999WEL$12 Wells Fargo General 314,102.00 --

5.17%
314,102.00
314,102.00

1.00 5.17%
314,102.00

0.00 1.72%

0.00 NA/NA
NA

0.00 0.00
999WEL$14 Wells Fargo 490,885.32 --

0.00%
490,885.32
490,885.32

1.00 0.00%
490,885.32

0.00 2.69%

0.00 NA/NA
NA

0.00 0.00
999WEL$15 Wells Fargo 17,419,846.51 --

0.00%
17,419,846.51
17,419,846.51

1.00 0.00%
17,419,846.51

0.00 95.58%

0.00 NA/NA
NA

0.00 0.00
Total Cash 18,225,509.30 0.09%
18,225,509.30
18,225,509.30

1.00 0.09%
18,225,509.30

0.00 100.00%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Portfolio 18,225,509.30 0.09%
18,225,509.30
18,225,509.30

1.00 0.09%
18,225,509.30

0.00 100.00%

0.00 Aaa/AAA
AAA

0.00 0.00
Total Market Value +
Accrued 18,225,509.30
34 823

TRANSACTIONS
35 824

TRANSACTION LEDGER
City of Orange | Account #10888|07/01/2024 Through 09/30/2024| Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 07/24/2024 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 99.985 5.45% (284,956.99) 0.00 (284,956.99) 0.00 Purchase 08/14/2024 532457CQ9 705,000.00 ELI LILLY AND CO 4.2 08/14/2029 99.781 4.25% (703,456.05) 0.00 (703,456.05) 0.00 Purchase 08/21/2024 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 99.984 4.66% (629,901.03) 0.00 (629,901.03) 0.00 Purchase 09/27/2024 58933YBH7 1,250,000.00 MERCK & CO INC 4.05 05/17/2028 100.942 3.76% (1,261,775.00) (18,281.25) (1,280,056.25) 0.00 Purchase 09/27/2024 171239AL0 1,250,000.00 CHUBB INA HOLDINGS LLC

4.65 08/15/2029 102.458 4.08% (1,280,725.00) (9,203.13) (1,289,928.13) 0.00 Purchase 09/27/2024 91282CGT2 1,500,000.00 UNITED STATES TREASURY

3.625 03/31/2028 100.227 3.56% (1,503,398.44) (26,741.80) (1,530,140.24) 0.00 Purchase 09/27/2024 91282CLC3 2,000,000.00 UNITED STATES TREASURY

4.0 07/31/2029 101.926 3.56% (2,038,515.62) (12,608.70) (2,051,124.32) 0.00 Purchase 09/27/2024 91282CKP5 500,000.00 UNITED STATES TREASURY

4.625 04/30/2029 104.457 3.56% (522,285.16) (9,425.95) (531,711.11) 0.00 Total Purchase 8,120,000.00 (8,225,013.29) (76,260.83) (8,301,274.12) 0.00 TOTAL
ACQUISITIONS 8,120,000.00 (8,225,013.29) (76,260.83) (8,301,274.12) 0.00

DISPOSITIONS
Maturity 09/06/2024 191216CL2 (3,000,000.00) COCA-COLA CO 1.75 09/06/2024 100.000 1.75% 3,000,000.00 0.00 3,000,000.00 0.00 Maturity 09/25/2024 3134GWVE3 (3,075,000.00)

FEDERAL HOME LOAN
MORTGAGE CORP 0.4
09/25/2024
100.000 0.40% 3,075,000.00 0.00 3,075,000.00 0.00
Total Maturity (6,075,000.00) 6,075,000.00 0.00 6,075,000.00 0.00 Sale 08/14/2024 3134GWVE3 (1,500,000.00)

FEDERAL HOME LOAN
MORTGAGE CORP 0.4
09/25/2024

99.424 0.41% 1,491,360.00 2,316.67 1,493,676.67 (8,626.56) Total Sale (1,500,000.00) 1,491,360.00 2,316.67 1,493,676.67 (8,626.56) TOTAL
DISPOSITIONS (7,575,000.00) 7,566,360.00 2,316.67 7,568,676.67 (8,626.56) 36 825

TRANSACTION LEDGER
City of Orange LAIF Balances | Account #10895|07/01/2024 Through 09/30/2024| Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/DispYield Amount InterestPur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 07/15/2024 90LAIF$00 492,989.95 Local Agency Investment Fund State Pool 1.000 4.53% (492,989.95) 0.00 (492,989.95) 0.00 Total Purchase 492,989.95 (492,989.95) 0.00 (492,989.95) 0.00 TOTAL
ACQUISITIONS 492,989.95 (492,989.95) 0.00 (492,989.95) 0.00

DISPOSITIONS
Sale 08/31/2024 90LAIF$00 (12,000,000.00) Local Agency Investment Fund State Pool 1.000 4.60% 12,000,000.00 0.00 12,000,000.00 0.00 Sale 09/30/2024 90LAIF$00 (10,000,000.00) Local Agency Investment Fund State Pool 1.000 4.57% 10,000,000.00 0.00 10,000,000.00 0.00 Total Sale (22,000,000.00) 22,000,000.00 0.00 22,000,000.00 0.00 TOTAL
DISPOSITIONS (22,000,000.00) 22,000,000.00 0.00 22,000,000.00 0.00 37 826

IMPORTANT DISCLOSURES
City of Orange | Account #10888 | As of September 30, 2024 2024 Chandler Asset Management, Inc, An Independent Registered Investment Adviser.

Information contained herein is confidential. Prices are provided by ICE Data Services Inc (“IDS”), an independent pricing source. In the event IDS 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 results are presented gross-of-advisory fees and represent the client’s 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.

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.

Source ICE Data Indices, LLC (“ICE”), used with permission. ICE permits use of the ICE indices and related data on an “asis” 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 their respective third party providers guarantee the quality, adequacy, accuracy, timeliness or completeness of the indices or the index data or any component thereof, and the indices and index data and all components thereof are provided on an “as is” basis and licensee’s use it at licensee’s own risk. ICE data, its affiliates and their respective third party do not sponsor, endorse, or recommend chandler asset management, or any of its products or services.

This report is provided for informational purposes only and should not be construed as a specific investment or legal advice. The information contained herein was obtained from sources believed to be reliable as of the date of publication, but may become outdated or superseded at any time without notice. Any opinions or views expressed are based on current market conditions and are subject to change. This report may contain forecasts and forward-looking statements which are inherently limited and should not be relied upon as indicator of future results. Past performance is not indicative of future results. This report is not intended to constitute an offer, solicitation, recommendation or advice regarding any securities or investment strategy and should not be regarded by recipients as a substitute for the exercise of their own judgment.

Fixed income investments are subject to interest, credit and market risk. Interest rate risk: the value of fixed income investments will decline as interest rates rise. Credit risk: the possibility that the borrower may not be able to repay interest and principal. Low rated bonds generally have to pay higher interest rates to attract investors willing to take on greater risk. Market risk: the bond market in general could decline due to economic conditions, especially during periods of rising interest rates.

Ratings information have been provided by Moody’s, 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 (“MBS”) reflect 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, Moody’s and Fitch respectively. 38 827

BENCHMARK DISCLOSURES
City of Orange | Account #10888 | As of September 30, 2024 Benchmark Disclosure
ICE BofA 1-5 Yr US Treasury & Agency Index
The ICE BofA 1-5 Year US Treasury & Agency Index tracks the performance of US dollar denominated US Treasury and nonsubordinated US agency debt issued in the US domestic market. Qualifying securities must have an investment grade rating (based on an average of Moody’s, S&P and Fitch). Qualifying securities must have at least one year remaining term to final maturity and less than five years remaining term to final maturity, at least 18 months to maturity at time of issuance, a fixed coupon schedule, and a minimum amount outstanding of $1 billion for sovereigns and $250 million for agencies. 39 828

MONTHLY ACCOUNT STATEMENT
City of Orange Cons | Account #10897 | As of July 31, 2024 CHANDLER ASSET MANAGEMENT | chandlerasset.com
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 at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:
829
CONFIDENTIAL | 2
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Account Summary
Maturity Distribution
Top Issuers
Credit Quality
Average Modified Duration 1.43
Average Coupon 3.15%
Average Purchase YTM 3.21%
Average Market YTM 4.34%
Average Quality AA
Average Final Maturity 1.65
Average Life 1.46
Beg. Values as of
07/01/2024
End Values as of
07/31/2024
Market Value 172,861,364.69 153,717,987.93
Accrued Interest 672,407.97 651,858.65
Total Market Value 173,533,772.66 154,369,846.59
Income Earned 232,146.53 748,641.35
Cont/WD (609,296.18) (20,688,696.68)
Par 175,490,064.69 155,245,245.34
Book Value 175,259,089.26 155,021,973.10
Cost Value 175,165,017.46 154,920,155.32
LAIF 28.75%
United States 14.03%
Federal Home Loan Banks 12.64%
FHLMC 8.21%
Farm Credit System 5.33%
Wells Fargo & Company 5.27%
Toyota Motor Corporation 3.10%
FNMA 2.50%
*See Footnote
The credit quality is a weighted average calculation of the highest of S&P, Moody’s’ and Fitch 830
CONFIDENTIAL | 3
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (BV) 20.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (BV) 20.0 3.5 Compliant
Max % Issuer (BV) 5.0 0.7 Compliant
Max Maturity (Years)54 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

COMMERCIAL PAPER
Max % (BV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (BV) 30.0 17.3 Compliant
Max % Issuer (BV) 5.0 3.2 Compliant
Max Maturity (Years)54 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 75.0 28.7 Compliant
Max % Issuer (MV) 30.0 12.6 Compliant
Max Callables (MV) 20.0 19.4 Compliant
Max Maturity (Years)54 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 44.2 Compliant

LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (MV) 100.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (MV) 20.0 0.1 Compliant
Max % Issuer (BV) 20.0 0.1 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 2.4 Compliant
Max % Issuer (BV) 10.0 1.3 Compliant
Max Maturity (Years) 5 3 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 14.1 Compliant
Max Maturity (Years) 5 4 Compliant
832
CONFIDENTIAL | 5
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(01/01/2024)
Beginning Book Value 175,259,089.26 163,933,768.11
Maturities/Calls 0.00 (23,065,000.00)
Principal Paydowns (9,481.00) (241,400.89)
Purchases 1,218,289.97 81,126,687.69
Sales (21,142,998.16) (66,848,167.34)
Change in Cash, Payables, Receivables (310,673.18) 167,511.43 Amortization/Accretion 7,746.21 46,089.90
Realized Gain (Loss) 0.00 (97,515.81)
Ending Book Value 155,021,973.10 155,021,973.10
Month to Date Fiscal Year to Date
(01/01/2024)
Beginning Market Value 172,861,364.69 161,007,324.31
Maturities/Calls 0.00 (23,065,000.00)
Principal Paydowns (9,481.00) (241,400.89)
Purchases 1,218,289.97 81,126,687.69
Sales (21,142,998.16) (66,848,167.34)
Change in Cash, Payables, Receivables (310,673.18) 167,511.43 Amortization/Accretion 7,746.21 46,089.90
Change in Net Unrealized Gain (Loss) 1,093,739.41 1,622,458.64 Realized Gain (Loss) 0.00 (97,515.81)
Ending Market Value 153,717,987.93 153,717,987.93
Maturities / Calls
Month to Date 0.00
Fiscal Year to Date (23,065,000.00)
Principal Paydowns
Month to Date (9,481.00)
Fiscal Year to Date (241,400.89)
Purchases
Month to Date 1,218,289.97
Fiscal Year to Date 81,126,687.69
Sales
Month to Date (21,142,998.16)
Fiscal Year to Date (66,848,167.34)
Interest Received
Month to Date 761,444.47
Fiscal Year to Date 2,628,647.68
Purchased / Sold Interest
Month to Date 0.00
Fiscal Year to Date (128,059.41)
833
CONFIDENTIAL | 6
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025 78,599.11 02/07/20235.43%
78,597.24
78,598.22

99.90 5.46%
78,517.35

67.60 0.05%
(80.87)
Aaa/AAA
NA

1.32 0.38
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027 210,000.00 02/16/20235.09%
209,960.98
209,974.46

99.93 5.16%
209,849.07
294.00

0.14%
(125.39)
Aaa/NA
AAA

2.72 1.34
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 395,000.00 02/22/2023

3.39%
394,928.03
394,949.72

99.95 5.13%
394,793.97
879.53

0.26%
(155.75)
Aaa/NA
AAA

3.29 1.44
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028 190,000.00 07/11/20235.47%
189,966.33
189,973.93
100.67

5.20%
191,274.75
173.22

0.12%
1,300.82
NA/AAA
AAA

3.57 1.86
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2028 350,000.00 06/07/20234.87%
349,968.96
349,976.11
100.28

4.84%
350,967.37
757.56

0.23%
991.25
NA/AAA
AAA

3.79 1.67
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028 330,000.00 11/01/20235.74%
329,941.89
329,951.09
101.50

5.11%
334,963.33
519.75

0.22%
5,012.24
Aaa/NA
AAA

3.89 2.20
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028 1,055,000.00 09/12/20235.29%
1,054,952.84
1,054,961.04
101.25

4.75%
1,068,223.48
2,452.29

0.69%
13,262.44
NA/AAA
AAA

4.13 1.96
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 1,060,000.00 09/07/2023

5.17%
1,059,706.17
1,059,757.80
101.16

4.72%
1,072,348.36
2,430.93

0.70%
12,590.57
NR/AAA
AAA

4.13 1.96
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 450,000.00 06/04/20245.24%
449,931.65
449,933.68
101.11

4.79%
454,993.83
388.50

0.30%
5,060.15
Aaa/AAA
NA

4.57 2.05
44934QAD3 HART 2024-B A3 4.84
03/15/2029 285,000.00 07/16/20245.45%
284,956.99
284,957.19
100.37

4.82%
286,056.07
268.22

0.19%
1,098.87
NA/AAA
AAA

4.62 2.18
47786WAD2 JDOT 2024-B A3 5.2 03/15/2029 510,000.00 06/11/2024

5.26%
509,900.30
509,902.83
101.38

4.76%
517,059.93
1,178.67

0.34%
7,157.10
Aaa/NA
AAA

4.62 2.27
05522RDJ4 BACCT 2024-1 A 4.93
03/15/2029 505,000.00 06/06/20244.93%
504,971.67
504,972.47
101.24

4.60%
511,268.06
1,106.51

0.33%
6,295.59
Aaa/AAA
NA

4.62 2.55
Total ABS 5,418,599.11 5.10%
5,417,783.05
5,417,908.54
100.96

4.83%
5,470,315.56
10,516.77

3.56%
52,407.03
Aaa/AAA
AAA

4.07 1.97
AGENCY
3134GWVE3

FEDERAL HOME LOAN
MORTGAGE CORP 0.4
09/25/2024
4,575,000.00 11/19/2020

0.41%
4,573,627.50
4,574,946.31

99.24 5.51%
4,540,145.91
6,405.00

2.95%
(34,800.40)
Aaa/AA+
AA+

0.15 0.15
3135GA4W8 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.5 02/18/2025 3,950,000.00 11/20/20200.50% 3,950,000.00
3,950,000.00

97.38 5.43%
3,846,461.93
8,942.36

2.50%
(103,538.07)
Aaa/AA+
AA+

0.55 0.53
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025 4,000,000.00 07/28/20210.65%
4,000,000.00
4,000,000.00

96.90 4.97%
3,875,846.28
216.67

2.52%
(124,153.72)
Aaa/AA+
AA+

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025 5,000,000.00 05/04/20210.75%
5,000,000.00
5,000,000.00

96.95 4.97%
4,847,707.95
9,583.33

3.15%
(152,292.05)
Aaa/AA+
AA+

0.74 0.72
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
8,500,000.00 10/28/2020

0.60%
8,500,000.00
8,500,000.00

95.10 4.71%
8,083,171.48
13,175.00

5.26%
(416,828.53)
Aaa/AA+
AA+

1.24 1.21
3133EPCF0 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 03/02/2026 2,000,000.00 03/27/20234.01% 2,026,680.00
2,014,412.19
100.00

4.50%
1,999,940.50
37,250.00

1.30%
(14,471.69)
Aaa/AA+
AA+

1.59 1.49
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
2,000,000.00 07/28/2023

4.66%
1,998,260.00
1,998,850.18
100.54

4.33%
2,010,881.02
3,597.22

1.31%
12,030.84
Aaa/AA+
AA+

1.96 1.85
3130ANDF4 FEDERAL HOME LOAN BANKS 0.9
07/29/2026 5,000,000.00 07/29/20210.90%
5,010,000.00
5,000,000.00

93.39 4.40%
4,669,524.40
250.00

3.04%
(330,475.60)
Aaa/AA+
AA+

1.99 1.94
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
2,000,000.00 03/27/2023

3.81%
2,045,720.00
2,031,936.76
100.69

4.13%
2,013,877.84
33,055.56

1.31%
(18,058.92)
Aaa/AA+
AA+

3.13 2.85
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 2,000,000.00 03/27/20233.82%
2,060,420.00
2,043,987.36
101.47

4.06%
2,029,456.26
35,250.00

1.32%
(14,531.10)
Aaa/AA+
AA+

3.61 3.25
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028 2,000,000.00 07/24/20234.15%
1,921,180.00
1,937,687.50

97.24 4.03%
1,944,707.26
9,388.89

1.27%
7,019.76
Aaa/AA+
AA+

3.86 3.56
3130AXQK7 FEDERAL HOME LOAN BANKS

4.75 12/08/2028 2,000,000.00 01/29/20244.05%
2,060,660.00
2,054,368.32
102.96

4.00%
2,059,154.90
13,986.11

1.34%
4,786.58
Aaa/AA+
AA+

4.36 3.89
3133ERDH1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 04/30/2029 2,100,000.00 04/29/20244.70% 2,104,263.00
2,104,045.88
103.23

4.00%
2,167,830.67
25,214.58

1.41%
63,784.79
Aaa/AA+
AA+

4.75 4.19
Total Agency 45,125,000.00 1.78%
45,250,810.50
45,210,234.51

97.79 4.69%
44,088,706.40
196,314.72

28.68%
(1,121,528.12)
Aaa/AA+
AA+

1.73 1.61
CASH
CCYUSD Receivable 642.81 --

0.00%
642.81
642.81

1.00 0.00%
642.81

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00
CCYUSD Receivable 167,520.19 --

0.00%
167,520.19
167,520.19

1.00 0.00%
167,520.19

0.00 0.11%

0.00 Aaa/AAA
AAA

0.00 0.00
999WEL$12 Wells Fargo General 299,602.00 --

5.20%
299,602.00
299,602.00

1.00 5.20%
299,602.00

0.00 0.19%

0.00 NA/NA
NA

0.00 0.00
999WEL$14 Wells Fargo 476,337.09 --

0.00%
476,337.09
476,337.09

1.00 0.00%
476,337.09

0.00 0.31%

0.00 NA/NA
NA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
999WEL$15 Wells Fargo 7,320,461.82 04/30/2024

0.00%
7,320,461.82
7,320,461.82

1.00 0.00%
7,320,461.82

0.00 4.76%

0.00 NA/NA
NA

0.00 0.00
Total Cash 8,264,563.91 0.19%
8,264,563.91
8,264,563.91

1.00 0.19%
8,264,563.91

0.00 5.38%

0.00 Aaa/AAA
AAA

0.00 0.00

CORPORATE
191216CL2 COCA-COLA CO 1.75 09/06/2024 3,000,000.00 09/20/2019

1.99%
2,964,750.00
2,999,300.06

99.62 5.67%
2,988,513.39
21,145.83

1.94%
(10,786.67)
A1/A+
WR

0.10 0.10
14913Q3B3 CATERPILLAR FINANCIAL
SERVICES CORP 2.15 11/08/2024 1,250,000.00 05/31/20222.86% 1,229,100.00
1,247,675.17

99.11 5.47%
1,238,896.59
6,196.18

0.81%
(8,778.58)
A2/A
A+

0.27 0.27
24422EWF2 JOHN DEERE CAPITAL CORP 3.4
06/06/2025 280,000.00 06/01/20223.41%
279,935.60
279,981.84

98.69 4.99%
276,340.28
1,454.44

0.18%
(3,641.56)
A1/A
A+

0.85 0.82
91324PEN8 UNITEDHEALTH GROUP INC 5.15
10/15/2025 775,000.00 12/28/20224.56%
786,780.00
780,081.57
100.42

4.78%
778,270.58
11,752.01

0.51%
(1,810.99)
A2/A+
A

1.21 1.14
89236THP3 TOYOTA MOTOR CREDIT CORP

0.8 10/16/2025 5,000,000.00 11/19/20200.70%
5,025,000.00
5,006,152.34

95.37 4.79%
4,768,411.45
11,666.67

3.10%
(237,740.89)
A1/A+
A+

1.21 1.17
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
495,000.00 10/20/2022

5.50%
494,336.70
494,724.38
100.65

4.90%
498,198.24
6,819.31

0.32%
3,473.86
A2/AA1.25

1.18 037833EB2 APPLE INC 0.7 02/08/2026 3,000,000.00 02/08/2021

0.70%
2,999,730.00
2,999,917.79

94.47 4.51%
2,834,133.21
10,091.67

1.84%
(165,784.58)
Aaa/AA+
NA

1.53 1.48
713448FQ6 PEPSICO INC 4.55 02/13/2026 195,000.00 02/13/2023

4.57%
194,886.90
194,942.00

99.94 4.59%
194,886.45
4,140.50

0.13%
(55.56)
A1/A+
NA

1.54 1.43
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026 470,000.00 02/13/20234.77%
469,689.80
469,838.96

99.99 4.76%
469,938.14
9,922.22

0.31%

99.19 A3/AA1.56

1.45 46647PBK1 JPMORGAN CHASE & CO 2.083
04/22/2026 1,250,000.00 05/31/20223.92%
1,190,825.00
1,234,229.37

97.70 6.43%
1,221,188.93
7,160.31

0.79%
(13,040.45)
A1/AAA1.73

0.70 61747YET8 MORGAN STANLEY 4.679
07/17/2026 775,000.00 12/28/20225.26%
764,390.25
771,004.66

99.39 6.19%
770,309.44
1,410.20

0.50%
(695.22)
A1/AA+1.96

0.92 24422EXD6 JOHN DEERE CAPITAL CORP 5.15
09/08/2026 505,000.00 09/05/20235.18%
504,641.45
504,748.75
101.06

4.61%
510,358.00
10,330.76

0.33%
5,609.25
A1/A
A+

2.11 1.94
713448FW3 PEPSICO INC 5.125 11/10/2026 380,000.00 11/08/2023

5.13%
379,897.40
379,922.21
101.37

4.48%
385,216.61
4,381.88

0.25%
5,294.41
A1/A+
NA

2.28 2.03
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027 1,000,000.00 03/30/20234.91%
991,550.00
994,088.11
100.09

4.67%
1,000,949.46
17,886.11

0.65%
6,861.35
A2/AAA3.12

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028 1,000,000.00 03/30/20234.95%
997,990.00
998,552.29
100.73

4.67%
1,007,346.02
2,586.11

0.66%
8,793.73
A1/A
AA3.453.13
06051GGF0 BANK OF AMERICA CORP 3.824
01/20/2028 1,250,000.00 06/27/20245.30%
1,206,175.00
1,207,766.93

97.45 5.53%
1,218,129.46
1,460.56

0.79%
10,362.53
A1/AAA3.47

2.32 713448FL7 PEPSICO INC 3.6 02/18/2028 1,500,000.00 03/27/2024

4.49%
1,452,735.00
1,456,923.04

97.55 4.35%
1,463,204.39
24,450.00

0.95%
6,281.35
A1/A+
NA

3.55 3.23
91324PEU2 UNITEDHEALTH GROUP INC 4.25
01/15/2029 1,000,000.00 05/28/20245.05%
967,180.00
968,421.42

99.08 4.48%
990,751.96
1,888.89

0.64%
22,330.54
A2/A+
A

4.46 4.01
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 1,200,000.00 03/27/20244.70%
1,194,684.00
1,195,062.43
100.46

4.49%
1,205,534.83
153.33

0.78%
10,472.40
A1/A+
NA

4.50 4.03
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 1,250,000.00 02/27/20244.84%
1,250,650.00
1,250,594.17
101.86

4.39%
1,273,293.99
26,102.43

0.83%
22,699.82
A1/AANA4.57

3.92 437076DC3 HOME DEPOT INC 4.75
06/25/2029 1,250,000.00 06/27/20244.82%
1,245,987.50
1,246,062.34
101.23

4.47%
1,265,408.78
5,937.50

0.82%
19,346.44
A2/A
A

4.90 4.25
Total Corporate 26,825,000.00 3.21%
26,590,914.60
26,679,989.83

98.32 4.94%
26,359,280.19
186,936.91

17.15%
(320,709.64)
A1/A+
A+

2.16 1.86
LAIF
90LAIF$00 Local Agency Investment Fund
State Pool 44,192,867.38 --4.53%
44,192,867.38
44,192,867.38

1.00 4.53%
44,192,867.38

0.00 28.75%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 44,192,867.38 4.53%
44,192,867.38
44,192,867.38

1.00 4.53%
44,192,867.38

0.00 28.75%

0.00 NA/NA
NA

0.00 0.00

MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 99,214.94 --

4.91%
99,214.94
99,214.94

1.00 4.91%
99,214.94

0.00 0.06%

0.00 Aaa/
AAAm
AAA

0.00 0.00
Total Money
Market Fund 99,214.94 4.91%
99,214.94
99,214.94

1.00 4.91%
99,214.94

0.00 0.06%

0.00 Aaa/
AAAm
AAA

0.00 0.00

SUPRANATIONAL
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
1,720,000.00 06/27/2023

4.53%
1,718,675.60
1,719,172.88
100.15

4.41%
1,722,657.81
16,340.00

1.12%
3,484.93
Aaa/AAA
NA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
2,000,000.00 07/24/2023

4.19%
1,938,380.00
1,951,023.49

97.95 4.07%
1,959,014.54
3,694.44

1.27%
7,991.05
Aaa/AAA
NA

3.95 3.64
Total
Supranational 3,720,000.00 4.35%
3,657,055.60
3,670,196.37

98.98 4.23%
3,681,672.35
20,034.44

2.40%
11,475.98
Aaa/AAA
NA

2.94 2.72

US TREASURY
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 3,000,000.00 09/30/20211.01%
2,980,546.88
2,991,583.81

93.18 4.20%
2,795,390.64
8,821.72

1.82%
(196,193.17)
Aaa/AA+
AA+

2.17 2.10
91282CHA2 UNITED STATES TREASURY 3.5
04/30/2028 2,200,000.00 06/13/20244.33%
2,135,203.13
2,137,399.63

98.28 4.00%
2,162,187.50
19,459.24

1.41%
24,787.87
Aaa/AA+
AA+

3.75 3.45
9128284N7 UNITED STATES TREASURY 2.875
05/15/2028 2,000,000.00 07/31/20234.23%
1,883,281.25
1,907,758.84

96.04 4.01%
1,920,859.38
12,187.50

1.25%
13,100.54
Aaa/AA+
AA+

3.79 3.52
912810FE3 UNITED STATES TREASURY 5.5
08/15/2028 2,100,000.00 04/29/20244.59%
2,173,746.09
2,169,372.12
106.10

3.85%
2,228,132.80
53,307.69

1.45%
58,760.68
Aaa/AA+
AA+

4.04 3.54
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 2,200,000.00 05/28/20244.57%
2,226,640.63
2,225,585.56
103.51

3.97%
2,277,257.82
27,103.94

1.48%
51,672.26
Aaa/AA+
AA+

4.25 3.78
9128285M8 UNITED STATES TREASURY 3.125
11/15/2028 2,000,000.00 12/28/20233.86%
1,935,078.13
1,942,943.03

96.67 3.98%
1,933,359.38
13,247.28

1.26%
(9,583.65)
Aaa/AA+
AA+

4.29 3.94
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 2,200,000.00 03/27/20244.18%
2,206,617.19
2,206,153.47
101.31

3.93%
2,228,789.07
39,127.72

1.45%
22,635.60
Aaa/AA+
AA+

4.58 4.06
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 2,200,000.00 05/28/20244.53%
2,161,156.25
2,162,563.15
100.76

3.94%
2,216,671.86
30,497.95

1.44%
54,108.71
Aaa/AA+
AA+

4.67 4.16
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 1,500,000.00 06/27/20244.31%
1,520,097.66
1,519,710.95
102.94

3.94%
1,544,062.50
17,532.27

1.00%
24,351.55
Aaa/AA+
AA+

4.75 4.20
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 2,200,000.00 06/13/20244.25%
2,224,578.13
2,223,927.05
102.48

3.93%
2,254,656.25
16,770.49

1.47%
30,729.20
Aaa/AA+
AA+

4.83 4.29
Total US Treasury 21,600,000.00 3.90%
21,446,945.34
21,486,997.62

99.98 3.98%
21,561,367.20
238,055.80

14.03%
74,369.58
Aaa/AA+
AA+

4.04 3.65
Total Portfolio 155,245,245.34 3.21%
154,920,155.32
155,021,973.10

65.24 4.34%
153,717,987.93
651,858.65
100.00%
(1,303,985.16)
Aa2/AAAA1.65

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 07/02/2024 31846V203 4,643.69 FIRST AMER:GVT OBLG Y 1.000 4.92% (4,643.69) 0.00 (4,643.69) 0.00 Purchase 07/12/2024 31846V203 35,000.00 FIRST AMER:GVT OBLG Y 1.000 4.92% (35,000.00) 0.00 (35,000.00) 0.00 Purchase 07/12/2024 31846V203 24,500.00 FIRST AMER:GVT OBLG Y 1.000 4.92% (24,500.00) 0.00 (24,500.00) 0.00 Purchase 07/15/2024 90LAIF$00 492,989.95 Local Agency Investment Fund State Pool 1.000 4.53% (492,989.95) 0.00 (492,989.95) 0.00 Purchase 07/15/2024 31846V203 37,677.61 FIRST AMER:GVT OBLG Y 1.000 4.92% (37,677.61) 0.00 (37,677.61) 0.00 Purchase 07/17/2024 31846V203 64,381.13 FIRST AMER:GVT OBLG Y 1.000 4.92% (64,381.13) 0.00 (64,381.13) 0.00 Purchase 07/22/2024 31846V203 26,341.25 FIRST AMER:GVT OBLG Y 1.000 4.92% (26,341.25) 0.00 (26,341.25) 0.00 Purchase 07/24/2024 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 99.985 5.45% (284,956.99) 0.00 (284,956.99) 0.00 Purchase 07/25/2024 31846V203 10,049.33 FIRST AMER:GVT OBLG Y 1.000 4.92% (10,049.33) 0.00 (10,049.33) 0.00 Purchase 07/25/2024 31846V203 2,849.00 FIRST AMER:GVT OBLG Y 1.000 4.92% (2,849.00) 0.00 (2,849.00) 0.00 Purchase 07/29/2024 31846V203 35,500.00 FIRST AMER:GVT OBLG Y 1.000 4.92% (35,500.00) 0.00 (35,500.00) 0.00 Purchase 07/31/2024 999WEL$14 8,717.02 Wells Fargo 1.000 0.00% (8,717.02) 0.00 (8,717.02) 0.00 Purchase 07/31/2024 999WEL$12 163,084.00 Wells Fargo General 1.000 0.00% (163,084.00) 0.00 (163,084.00) 0.00 Purchase 07/31/2024 31846V203 27,600.00 FIRST AMER:GVT OBLG Y 1.000 4.93% (27,600.00) 0.00 (27,600.00) 0.00 Total Purchase 1,218,332.98 (1,218,289.97) 0.00 (1,218,289.97) 0.00 TOTAL
ACQUISITIONS 1,218,332.98 (1,218,289.97) 0.00 (1,218,289.97) 0.00

DISPOSITIONS
Sale 07/08/2024 31846V203 (6,260.49) FIRST AMER:GVT OBLG Y 1.000 4.90% 6,260.49 0.00 6,260.49 0.00 Sale 07/24/2024 31846V203 (284,956.99) FIRST AMER:GVT OBLG Y 1.000 4.92% 284,956.99 0.00 284,956.99 0.00 Sale 07/31/2024 999WEL$15 (20,851,780.68) Wells Fargo 1.000 0.00% 20,851,780.68 0.00 20,851,780.68 0.00 Total Sale (21,142,998.16) 21,142,998.16 0.00 21,142,998.16 0.00 TOTAL
DISPOSITIONS (21,142,998.16) 21,142,998.16 0.00 21,142,998.16 0.00 OTHER
Cash Transfer 07/31/2024 CCYUSD (20,688,696.68) Cash 0.00% (20,688,696.68) 0.00 (20,688,696.68) 0.00 839
CONFIDENTIAL | 12
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss Total Cash
Transfer (20,688,696.68) (20,688,696.68) 0.00 (20,688,696.68) 0.00 Coupon 07/12/2024 459058KT9 0.00

INTERNATIONAL BANK

FOR RECONSTRUCTION
AND DEVELOPM 3.5
07/12/2028

4.19% 35,000.00 0.00 35,000.00 0.00
Coupon 07/12/2024 78016FZW7 0.00 ROYAL BANK OF CANADA

4.9 01/12/2028 4.95% 24,500.00 0.00 24,500.00 0.00
Coupon 07/15/2024 02582JJZ4 0.00 AMXCA 2023-1 A 4.87
05/15/2028 4.92% 1,420.42 0.00 1,420.42 0.00
Coupon 07/15/2024 05522RDJ4 0.00 BACCT 2024-1 A 4.93
03/15/2029 4.93% 2,213.02 0.00 2,213.02 0.00
Coupon 07/15/2024 91324PEU2 0.00 UNITEDHEALTH GROUP
INC 4.25 01/15/2029 5.05% 21,250.00 0.00 21,250.00 0.00 Coupon 07/15/2024 47800CAC0 0.00 JDOT 2023 A3 5.01
11/15/2027 5.07% 1,649.13 0.00 1,649.13 0.00
Coupon 07/15/2024 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.23% 4,558.00 0.00 4,558.00 0.00
Coupon 07/15/2024 47786WAD2 0.00 JDOT 2024-B A3 5.2
03/15/2029 5.26% 1,989.00 0.00 1,989.00 0.00
Coupon 07/15/2024 02582JKD1 0.00 AMXCA 2023-3 A 5.23
09/15/2028 5.29% 4,598.04 0.00 4,598.04 0.00
Coupon 07/17/2024 3133EPQC2 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.625 07/17/2026

4.66% 46,250.00 0.00 46,250.00 0.00
Coupon 07/17/2024 61747YET8 0.00 MORGAN STANLEY 4.679
07/17/2026 5.11% 18,131.13 0.00 18,131.13 0.00
Coupon 07/20/2024 06051GGF0 0.00 BANK OF AMERICA CORP

3.824 01/20/2028 4.91% 23,900.00 0.00 23,900.00 0.00
Coupon 07/21/2024 43815JAC7 0.00 HAROT 2023-1 A3 5.04
04/21/2027 5.10% 882.00 0.00 882.00 0.00
Coupon 07/21/2024 438123AC5 0.00 HAROT 2023-4 A3 5.67
06/21/2028 5.75% 1,559.25 0.00 1,559.25 0.00
Coupon 07/25/2024 096919AD7 0.00 BMWOT 2024-A A3 5.18
02/26/2029 5.18% 2,849.00 0.00 2,849.00 0.00
840
CONFIDENTIAL | 13
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss Coupon 07/25/2024 05593AAC3 0.00 BMWLT 2023-1 A3 5.16
11/25/2025 5.22% 378.74 0.00 378.74 0.00
Coupon 07/25/2024 05592XAD2 0.00 BMWOT 2023-A A3 5.47
02/25/2028 5.54% 866.08 0.00 866.08 0.00
Coupon 07/28/2024 3130ANA42 0.00 FEDERAL HOME LOAN
BANKS 0.65 04/28/2025 0.65% 13,000.00 0.00 13,000.00 0.00 Coupon 07/29/2024 3130ANDF4 0.00 FEDERAL HOME LOAN
BANKS 0.9 07/29/2026 0.90% 22,500.00 0.00 22,500.00 0.00 Coupon 07/31/2024 69371RS80 0.00 PACCAR FINANCIAL CORP

4.6 01/31/2029 4.70% 27,600.00 0.00 27,600.00 0.00
Total Coupon 0.00 255,093.81 0.00 255,093.81 0.00
Custody Fee 07/25/2024 CCYUSD (676.49) Cash 0.00% (676.49) 0.00 (676.49) 0.00 Total Custody
Fee (676.49) (676.49) 0.00 (676.49) 0.00
Dividend 07/15/2024 90LAIF$00 0.00 Local Agency Investment Fund State Pool 4.51% 18,797.46 0.00 18,797.46 0.00
Dividend 07/31/2024 999WEL$14 0.00 Wells Fargo 0.00% 8,717.02 0.00 8,717.02 0.00 Dividend 07/31/2024 31846V203 0.00 FIRST AMER:GVT OBLG Y 4.93% 642.81 0.00 642.81 0.00 Total Dividend 0.00 28,157.29 0.00 28,157.29 0.00
Management
Fee 07/08/2024 CCYUSD (6,260.49) Cash 0.00% (6,260.49) 0.00 (6,260.49) 0.00 Total
Management
Fee (6,260.49) (6,260.49) 0.00 (6,260.49) 0.00
Principal
Paydown 07/25/2024 05593AAC3 9,481.00 BMWLT 2023-1 A3 5.16 11/25/2025 5.22% 9,481.00 -- 9,481.00 0.00 Total Principal
Paydown 9,481.00 9,481.00 -- 9,481.00 0.00

INCOME EARNED
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

CASH & EQUIVALENTS
31846V203 FIRST AMER:GVT OBLG Y
99,214.94
121,890.41
268,542.01
(291,217.48)
99,214.94

0.00 4,643.69

0.00 0.00

0.00 4,643.69
4,643.69
999WEL$12 Wells Fargo General
299,602.00
136,518.00
163,084.00

0.00 299,602.00

0.00 0.00

0.00 999WEL$14 Wells Fargo
476,337.09
467,620.07
8,717.02

0.00 476,337.09

0.00 8,717.02

0.00 0.00

0.00 8,717.02
8,717.02
999WEL$15 Wells Fargo
7,320,461.82
28,172,242.50

0.00 (20,851,780.68)
7,320,461.82

0.00 0.00

0.00 CCYUSD Receivable
168,163.00
478,836.18

0.00 0.00
168,163.00

0.00 0.00

0.00 Total Cash & Equivalents 8,363,778.85
29,377,107.16
440,343.03
(21,142,998.16)
8,363,778.85

0.00 13,360.71

0.00 0.00

0.00 13,360.71 13,360.71

FIXED INCOME
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2028
06/07/2023
06/14/2023
350,000.00
349,975.58

0.00 0.00
349,976.11
757.56
1,420.42
757.56
1,420.42

0.54 0.00

0.54 1,420.96
1,420.96
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028
09/12/2023
09/19/2023
1,055,000.00
1,054,960.24

0.00 0.00
1,054,961.04
2,452.29
4,598.04
2,452.29
4,598.04

0.80 0.00

0.00 0.00
2,999,917.79
8,341.67

0.00 10,091.67
1,750.00

4.58 0.00

4.58 1,754.58
1,754.58
05522RDJ4 BACCT 2024-1 A 4.93
03/15/2029
06/06/2024
06/13/2024
505,000.00
504,971.96

0.00 0.00
504,972.47
1,244.83
2,213.02
1,106.51
2,074.71

0.51 0.00

0.51 2,075.21
2,075.21
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028
07/11/2023
07/18/2023
190,000.00
189,973.31

0.00 0.00
189,973.93
173.22
866.08
173.22
866.08

0.62 0.00

0.62 866.70
866.70
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025
02/07/2023
02/15/2023
78,599.11
88,079.04

0.00 (9,481.00)
78,598.22

75.75 378.74

67.60 370.59

0.17 0.00

0.17 370.76
370.76
06051GGF0 BANK OF AMERICA CORP

3.824 01/20/2028
06/27/2024
06/28/2024
1,250,000.00
1,206,315.46

0.00 0.00
1,207,766.93
21,377.22
23,900.00
1,460.56
3,983.33
1,451.47

0.00 1,451.47
5,434.80
5,434.80
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027
03/30/2023
03/31/2023
1,000,000.00
993,927.21

0.00 0.00
994,088.11
13,969.44

0.00 17,886.11
3,916.67
160.90

0.00 160.90
4,077.57
4,077.57
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029
06/04/2024
06/11/2024
450,000.00
449,932.44

0.00 0.00
449,933.68
1,295.00
2,849.00
388.50
1,942.50

1.23 0.00

1.23 1,943.73
1,943.73
14913Q3B3

CATERPILLAR FINANCIAL
SERVICES CORP 2.15
11/08/2024
05/31/2022
06/02/2022
1,250,000.00
1,246,947.19

0.00 0.00
1,247,675.17
3,956.60

0.00 6,196.18
2,239.58
727.98

0.00 727.98
2,967.56
2,967.56
161571HT4 CHAIT 2023-1 A 5.16
09/15/2028
09/07/2023
09/15/2023
1,060,000.00
1,059,752.81

0.00 0.00
1,059,757.80
2,430.93
4,558.00
2,430.93
4,558.00

4.99 0.00

0.00 0.00
1,250,594.17
21,050.35

0.00 26,102.43
5,052.08

0.00 (11.24)
(11.24)
5,040.85
5,040.85
191216CL2 COCA-COLA CO 1.75
09/06/2024
09/20/2019
09/20/2019
3,000,000.00
2,998,697.32

0.00 0.00
2,999,300.06
16,770.83

0.00 21,145.83
4,375.00
602.73

0.00 602.73
4,977.73
4,977.73
24422EWF2 JOHN DEERE CAPITAL CORP

3.4 06/06/2025
06/01/2022
06/06/2022
280,000.00
279,980.02

0.00 0.00
279,981.84
661.11

0.00 1,454.44
793.33

1.82 0.00

1.82 795.15
795.15
24422EXD6 JOHN DEERE CAPITAL CORP

5.15 09/08/2026
09/05/2023
09/08/2023
505,000.00
504,738.61

0.00 0.00
504,748.75
8,163.47

0.00 10,330.76
2,167.29

10.14 0.00

10.14 2,177.43
2,177.43
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028
07/24/2023
07/25/2023
2,000,000.00
1,936,315.56

0.00 0.00
1,937,687.50
3,972.22

0.00 9,388.89
5,416.67
1,371.94

0.00 1,371.94
6,788.60
6,788.60
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025
05/04/2021
05/04/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
6,458.33

0.00 9,583.33
3,125.00

0.00 0.00

0.00 3,125.00
3,125.00
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025
07/28/2021
07/28/2021
4,000,000.00
4,000,000.00

0.00 0.00
4,000,000.00
11,050.00
13,000.00
216.67
2,166.67

0.00 0.00

0.00 2,166.67
2,166.67
3130ANDF4 FEDERAL HOME LOAN BANKS

0.9 07/29/2026
07/29/2021
07/29/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
19,000.00
22,500.00
250.00
3,750.00

0.00 0.00

0.00 3,750.00
3,750.00
3130ATS57 FEDERAL HOME LOAN BANKS

4.5 03/10/2028
03/27/2023
03/28/2023
2,000,000.00
2,045,022.75

0.00 0.00
2,043,987.36
27,750.00

0.00 35,250.00
7,500.00

4.75 12/08/2028
01/29/2024
01/30/2024
2,000,000.00
2,055,428.33

0.00 0.00
2,054,368.32
6,069.44

0.00 13,986.11
7,916.67

0.00 (1,060.01)
(1,060.01)
6,856.66
6,856.66
3133EPCF0

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
03/02/2026
03/27/2023
03/28/2023
2,000,000.00
2,015,185.16

0.00 0.00
2,014,412.19
29,750.00

0.00 37,250.00
7,500.00

0.00 (772.97)
(772.97)
6,727.03
6,727.03
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
03/27/2023
03/28/2023
2,000,000.00
2,032,805.22

0.00 0.00
2,031,936.76
25,763.89

0.00 33,055.56
7,291.67

0.00 (868.46)
(868.46)
6,423.21
6,423.21
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
07/28/2023
07/31/2023
2,000,000.00
1,998,800.33

0.00 0.00
1,998,850.18
42,138.89
46,250.00
3,597.22
7,708.33

49.85 0.00

49.85 7,758.19
7,758.19
3133ERDH1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.75
04/30/2029
04/29/2024
04/30/2024
2,100,000.00
2,104,118.25

0.00 0.00
2,104,045.88
16,902.08

0.00 25,214.58
8,312.50

0.00 (72.37)
(72.37)
8,240.13
8,240.13
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
10/28/2020
10/28/2020
8,500,000.00
8,500,000.00

0.00 0.00
8,500,000.00
8,925.00

0.00 13,175.00
4,250.00

0.00 0.00

0.00 4,250.00
4,250.00
3134GWVE3

FEDERAL HOME LOAN
MORTGAGE CORP 0.4
09/25/2024
11/19/2020
11/19/2020
4,575,000.00
4,574,916.05

0.00 0.00
4,574,946.31
4,880.00

0.00 6,405.00
1,525.00

30.26 0.00

30.26 1,555.26
1,555.26
3135GA4W8

FEDERAL NATIONAL
MORTGAGE ASSOCIATION 0.5
02/18/2025
11/20/2020
11/20/2020
3,950,000.00
3,950,000.00

0.00 0.00
3,950,000.00
7,296.53

0.00 8,942.36
1,645.83

0.00 0.00

0.00 1,645.83
1,645.83
437076DC3 HOME DEPOT INC 4.75
06/25/2029
06/27/2024
06/28/2024
1,250,000.00
1,245,994.10

0.00 0.00
1,246,062.34
989.58

0.00 5,937.50
4,947.92

68.23 0.00

0.00 0.00
329,951.09
519.75
1,559.25
519.75
1,559.25

1.07 0.00

1.07 1,560.32
1,560.32
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027
02/16/2023
02/24/2023
210,000.00
209,973.66

0.00 0.00
209,974.46
294.00
882.00
294.00
882.00

0.80 0.00

0.80 882.80
882.80
44934QAD3 HART 2024-B A3 4.84
03/15/2029
07/16/2024
07/24/2024
285,000.00

0.00 284,956.99

0.00 284,957.19

0.00 0.00
268.22
268.22

0.20 0.00

0.20 268.42
268.42
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
06/27/2023
07/06/2023
1,720,000.00
1,719,133.56

0.00 0.00
1,719,172.88
9,890.00

0.00 16,340.00
6,450.00

39.33 0.00

39.33 6,489.33
6,489.33
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
07/24/2023
07/26/2023
2,000,000.00
1,949,969.86

0.00 0.00
1,951,023.49
32,861.11
35,000.00
3,694.44
5,833.33
1,053.62

0.00 1,053.62
6,886.96
6,886.96
46647PBK1 JPMORGAN CHASE & CO

2.083 04/22/2026
05/31/2022
06/02/2022
1,250,000.00
1,232,377.52

0.00 0.00
1,234,229.37
4,990.52

0.00 7,160.31
2,169.79
1,851.85

0.00 1,851.85
4,021.65
4,021.65
47786WAD2 JDOT 2024-B A3 5.2
03/15/2029
06/11/2024
06/18/2024
510,000.00
509,901.05

0.00 0.00
509,902.83
957.67
1,989.00
1,178.67
2,210.00

1.79 0.00

1.79 2,211.79
2,211.79
47800CAC0 JDOT 2023 A3 5.01
11/15/2027
02/22/2023
03/02/2023
395,000.00
394,948.42

0.00 0.00
394,949.72
879.53
1,649.13
879.53
1,649.13

1.30 0.00

1.30 1,650.43
1,650.43
61747YET8 MORGAN STANLEY 4.679
07/17/2026
12/28/2022
12/30/2022
775,000.00
770,650.79

0.00 0.00
771,004.66
16,519.47
18,131.13
1,410.20
3,021.86
353.87

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
10/20/2022
10/31/2022
495,000.00
494,705.61

0.00 0.00
494,724.38
4,571.19

0.00 6,819.31
2,248.13

18.78 0.00

18.78 2,266.90
2,266.90
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029
03/27/2024
03/28/2024
1,200,000.00
1,194,969.32

0.00 0.00
1,195,062.43
23,153.33
27,600.00
153.33
4,600.00

93.11 0.00

93.11 4,693.11
4,693.11
713448FL7 PEPSICO INC 3.6 02/18/2028
03/27/2024
03/28/2024
1,500,000.00
1,455,892.65

0.00 0.00
1,456,923.04
19,950.00

0.00 24,450.00
4,500.00
1,030.39

0.00 1,030.39
5,530.39
5,530.39
713448FQ6 PEPSICO INC 4.55 02/13/2026
02/13/2023
02/15/2023
195,000.00
194,938.80

0.00 0.00
194,942.00
3,401.13

0.00 4,140.50
739.38

3.20 0.00

3.20 742.58
742.58
713448FW3 PEPSICO INC 5.125
11/10/2026
11/08/2023
11/10/2023
380,000.00
379,919.31

0.00 0.00
379,922.21
2,758.96

0.00 4,381.88
1,622.92

2.90 0.00

2.90 1,625.82
1,625.82
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028
03/30/2023
03/31/2023
1,000,000.00
998,516.65

0.00 0.00
998,552.29
23,002.78
24,500.00
2,586.11
4,083.33

35.65 0.00

35.65 4,118.98
4,118.98
89236THP3 TOYOTA MOTOR CREDIT
CORP 0.8 10/16/2025
11/19/2020
11/19/2020
5,000,000.00
5,006,584.82

0.00 0.00
5,006,152.34
8,333.33

0.00 11,666.67
3,333.33

0.00 (432.48)
(432.48)
2,900.86
2,900.86
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026
02/13/2023
02/21/2023
470,000.00
469,830.18

0.00 0.00
469,838.96
8,061.81

0.00 9,922.22
1,860.42

8.77 0.00

8.77 1,869.19
1,869.19
912810FE3 UNITED STATES TREASURY 5.5
08/15/2028
04/29/2024
04/30/2024
2,100,000.00
2,170,830.11

0.00 0.00
2,169,372.12
43,471.15

0.00 53,307.69
9,836.54

2.875 05/15/2028
07/31/2023
07/31/2023
2,000,000.00
1,905,691.25

0.00 0.00
1,907,758.84
7,343.75

0.00 12,187.50
4,843.75
2,067.59

0.00 2,067.59
6,911.34
6,911.34
9128285M8 UNITED STATES TREASURY

3.125 11/15/2028
12/28/2023
12/29/2023
2,000,000.00
1,941,814.27

0.00 0.00
1,942,943.03
7,982.34

0.00 13,247.28
5,264.95
1,128.76

0.00 1,128.76
6,393.70
6,393.70
91282CCZ2 UNITED STATES TREASURY

0.875 09/30/2026
09/30/2021
09/30/2021
3,000,000.00
2,991,253.55

0.00 0.00
2,991,583.81
6,598.36

0.00 8,821.72
2,223.36
330.26

0.00 330.26
2,553.62
2,553.62
91282CHA2 UNITED STATES TREASURY 3.5
04/30/2028
06/13/2024
06/14/2024
2,200,000.00
2,135,981.06

0.00 0.00
2,137,399.63
12,972.83

0.00 19,459.24
6,486.41
1,418.58

0.00 1,418.58
7,904.99
7,904.99
91282CJF9 UNITED STATES TREASURY

4.875 10/31/2028
05/28/2024
05/29/2024
2,200,000.00
2,226,096.61

0.00 0.00
2,225,585.56
18,069.29

0.00 27,103.94
9,034.65

0.00 (511.05)
(511.05)
8,523.60
8,523.60
91282CKD2 UNITED STATES TREASURY

4.25 02/28/2029
03/27/2024
03/28/2024
2,200,000.00
2,206,267.56

0.00 0.00
2,206,153.47
31,251.36

0.00 39,127.72
7,876.36

0.00 (114.09)
(114.09)
7,762.27
7,762.27
91282CKG5 UNITED STATES TREASURY

4.125 03/31/2029
05/28/2024
05/29/2024
2,200,000.00
2,161,881.69

0.00 0.00
2,162,563.15
22,811.48

0.00 30,497.95
7,686.48
681.47

0.00 681.47
8,367.94
8,367.94
91282CKP5 UNITED STATES TREASURY

4.625 04/30/2029
06/27/2024
06/28/2024
1,500,000.00
1,520,063.54

0.00 0.00
1,519,710.95
11,688.18

0.00 17,532.27
5,844.09

0.00 (352.59)
(352.59)
5,491.50
5,491.50
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029
06/13/2024
06/14/2024
2,200,000.00
2,224,347.54

0.00 0.00
2,223,927.05
8,385.25

0.00 16,770.49
8,385.25

5.15 10/15/2025
12/28/2022
12/30/2022
775,000.00
780,439.59

0.00 0.00
780,081.57
8,425.97

0.00 11,752.01
3,326.04

0.00 (358.02)
(358.02)
2,968.02
2,968.02
91324PEU2 UNITEDHEALTH GROUP INC

4.25 01/15/2029
05/28/2024
05/29/2024
1,000,000.00
967,820.11

0.00 0.00
968,421.42
19,597.22
21,250.00
1,888.89
3,541.67
601.31

0.00 601.31
4,142.98
4,142.98
Total Fixed Income 102,688,599.11
102,182,104.67
284,956.99
(9,481.00)
102,465,326.87
672,407.97
255,093.81
651,858.65
234,544.49
15,213.35
(7,467.15)
7,746.21
242,290.69 242,290.69
LAIF
90LAIF$00 Local Agency Investment
Fund State Pool 44,192,867.38
43,699,877.43
492,989.95

0.00 44,192,867.38

0.00 492,989.95

0.00 0.00

0.00 492,989.95
492,989.95
Total LAIF 44,192,867.38
43,699,877.43
492,989.95

0.00 44,192,867.38

0.00 492,989.95

0.00 0.00

0.00 492,989.95 492,989.95
TOTAL PORTFOLIO 155,245,245.34
175,259,089.26
1,218,289.97
(21,152,479.16)
155,021,973.10
672,407.97
761,444.47
651,858.65
740,895.15
15,213.35
(7,467.15)
7,746.21
748,641.35 748,641.35
849
CONFIDENTIAL | 22
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount AUGUST 2024
08/01/2024 Dividend 31846V203 0.00 642.81 642.81
08/08/2024 Coupon 037833EB2 0.00 APPLE INC 0.7 02/08/2026 10,500.00 10,500.00 08/13/2024 Coupon 713448FQ6 0.00 PEPSICO INC 4.55 02/13/2026 4,436.25 4,436.25 08/15/2024 Coupon 02582JJZ4 0.00 AMXCA 2023-1 A 4.87 05/15/2028 1,420.42 1,420.42 08/15/2024 Coupon 02582JKD1 0.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 08/15/2024 Coupon 05522RDJ4 0.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 08/15/2024 Coupon 161571HT4 0.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 08/15/2024 Coupon 44934QAD3 0.00 HART 2024-B A3 4.84 03/15/2029 804.65 804.65 08/15/2024 Coupon 47800CAC0 0.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 08/15/2024 Coupon 47786WAD2 0.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 08/15/2024 Coupon 912810FE3 0.00 UNITED STATES TREASURY 5.5 08/15/2028 57,750.00 57,750.00 08/21/2024 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 08/21/2024 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 08/21/2024 Coupon 907818GE2 470,000.00 UNION PACIFIC CORP 4.75 02/21/2026 11,162.50 11,162.50 08/26/2024 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 08/26/2024 Coupon 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 337.98 337.98 08/26/2024 Principal Paydown 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 13,616.66 13,616.66 08/26/2024 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 08/26/2024 Coupon 17275RBR2 1,250,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 30,312.50 30,312.50 August 2024 Total 14,259.47 137,064.01 151,323.48
SEPTEMBER 2024
09/03/2024 Coupon 3133EPCF0 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 03/02/2026 45,000.00 45,000.00
09/03/2024 Coupon 91282CKD2 2,200,000.00 UNITED STATES TREASURY 4.25 02/28/2029 46,750.00 46,750.00 09/06/2024 Coupon 191216CL2 3,000,000.00 COCA-COLA CO 1.75 09/06/2024 26,250.00 26,250.00 09/06/2024 Final Maturity 191216CL2 3,000,000.00 COCA-COLA CO 1.75 09/06/2024 3,000,000.00 3,000,000.00 09/09/2024 Coupon 24422EXD6 505,000.00 JOHN DEERE CAPITAL CORP 5.15 09/08/2026 13,003.75 13,003.75 09/10/2024 Coupon 3130ATS57 2,000,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 45,000.00 45,000.00 09/16/2024 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2028 1,420.42 1,420.42 09/16/2024 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 09/16/2024 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 850
CONFIDENTIAL | 23
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/16/2024 Coupon 06368LAQ9 1,000,000.00 BANK OF MONTREAL 4.7 09/14/2027 23,500.00 23,500.00 09/16/2024 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 09/16/2024 Coupon 3133EPDJ1 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.375 09/15/2027 43,750.00 43,750.00
09/16/2024 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 09/16/2024 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 09/16/2024 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 09/23/2024 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 09/23/2024 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 1,942.50 1,942.50 09/23/2024 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 09/25/2024 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 09/25/2024 Coupon 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 279.42 279.42 09/25/2024 Principal Paydown 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 12,499.76 12,499.76 09/25/2024 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 09/25/2024 Coupon 3134GWVE3 3,075,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.4 09/25/2024 6,150.00 6,150.00
09/25/2024 Final Maturity 3134GWVE3 3,075,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.4 09/25/2024 3,075,000.00 3,075,000.00
09/30/2024 Coupon 91282CCZ2 3,000,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,125.00 13,125.00 09/30/2024 Coupon 91282CKG5 2,200,000.00 UNITED STATES TREASURY 4.125 03/31/2029 45,375.00 45,375.00 September 2024
Total 6,087,499.76 333,035.30 6,420,535.06
OCTOBER 2024
10/15/2024 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2028 1,420.42 1,420.42 10/15/2024 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 10/15/2024 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 10/15/2024 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 10/15/2024 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 10/15/2024 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 10/15/2024 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 10/15/2024 Dividend 90LAIF$00 44,192,867.38 Local Agency Investment Fund State Pool 167,520.19 167,520.19 10/15/2024 Coupon 91324PEN8 775,000.00 UNITEDHEALTH GROUP INC 5.15 10/15/2025 19,956.25 19,956.25 851
CONFIDENTIAL | 24
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/16/2024 Coupon 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 20,000.00 20,000.00 10/21/2024 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 10/21/2024 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 1,575.00 1,575.00 10/21/2024 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 10/22/2024 Coupon 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 13,018.75 13,018.75 10/25/2024 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 10/25/2024 Coupon 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 225.68 225.68 10/25/2024 Principal Paydown 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 11,741.92 11,741.92 10/25/2024 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 10/28/2024 Coupon 3134GW3Z7 8,500,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 25,500.00 25,500.00
10/29/2024 Coupon 3130AMBG6 5,000,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 18,750.00 18,750.00 10/30/2024 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.75 04/30/2029 49,875.00 49,875.00
10/30/2024 Coupon 63743HFF4 495,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.45 10/30/2025 13,488.75 13,488.75
10/31/2024 Coupon 91282CHA2 2,200,000.00 UNITED STATES TREASURY 3.5 04/30/2028 38,500.00 38,500.00 10/31/2024 Coupon 91282CJF9 2,200,000.00 UNITED STATES TREASURY 4.875 10/31/2028 53,625.00 53,625.00 10/31/2024 Coupon 91282CKP5 1,500,000.00 UNITED STATES TREASURY 4.625 04/30/2029 34,687.50 34,687.50 October 2024
Total 179,262.11 312,111.55 491,373.66
NOVEMBER 2024
11/08/2024 Coupon 14913Q3B3 1,250,000.00 CATERPILLAR FINANCIAL SERVICES CORP 2.15 11/08/2024 13,437.50 13,437.50
11/08/2024 Final Maturity 14913Q3B3 1,250,000.00 CATERPILLAR FINANCIAL SERVICES CORP 2.15 11/08/2024 1,250,000.00 1,250,000.00
11/12/2024 Coupon 713448FW3 380,000.00 PEPSICO INC 5.125 11/10/2026 9,737.50 9,737.50 11/15/2024 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2028 1,420.42 1,420.42 11/15/2024 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 11/15/2024 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 11/15/2024 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 11/15/2024 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 852
CONFIDENTIAL | 25
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 11/15/2024 Coupon 4581X0EK0 1,720,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.5 05/15/2026 38,700.00 38,700.00
11/15/2024 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 11/15/2024 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 11/15/2024 Coupon 9128284N7 2,000,000.00 UNITED STATES TREASURY 2.875 05/15/2028 28,750.00 28,750.00 11/15/2024 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 11/21/2024 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 11/21/2024 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 1,575.00 1,575.00 11/21/2024 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 11/25/2024 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 11/25/2024 Coupon 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 175.19 175.19 11/25/2024 Principal Paydown 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 12,416.25 12,416.25 11/25/2024 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 November 2024
Total 1,262,416.25 146,534.81 1,408,951.07
DECEMBER 2024
12/02/2024 Coupon 91282CKT7 2,200,000.00 UNITED STATES TREASURY 4.5 05/31/2029 49,500.00 49,500.00 12/06/2024 Coupon 24422EWF2 280,000.00 JOHN DEERE CAPITAL CORP 3.4 06/06/2025 4,760.00 4,760.00 12/09/2024 Coupon 3130AEB25 2,000,000.00 FEDERAL HOME LOAN BANKS 3.25 06/09/2028 32,500.00 32,500.00 12/09/2024 Coupon 3130AXQK7 2,000,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 47,500.00 47,500.00 12/16/2024 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2028 1,420.42 1,420.42 12/16/2024 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 12/16/2024 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 12/16/2024 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 12/16/2024 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 12/16/2024 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 12/16/2024 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 12/23/2024 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 12/23/2024 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 1,575.00 1,575.00 12/23/2024 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 12/23/2024 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 9,704.45 9,704.45 12/25/2024 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 853
CONFIDENTIAL | 26
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/25/2024 Coupon 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 121.80 121.80 12/25/2024 Principal Paydown 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 12,791.01 12,791.01 12/25/2024 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 12/26/2024 Coupon 437076DC3 1,250,000.00 HOME DEPOT INC 4.75 06/25/2029 29,687.50 29,687.50 December 2024
Total 22,495.46 188,553.92 211,049.38
JANUARY 2025
01/13/2025 Coupon 459058KT9 2,000,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 35,000.00 35,000.00
01/13/2025 Coupon 78016FZW7 1,000,000.00 ROYAL BANK OF CANADA 4.9 01/12/2028 24,500.00 24,500.00 01/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2028 1,420.42 1,420.42 01/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 01/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 01/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 01/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 01/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 01/15/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 01/15/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 16,587.70 16,587.70 01/15/2025 Coupon 91324PEU2 1,000,000.00 UNITEDHEALTH GROUP INC 4.25 01/15/2029 21,250.00 21,250.00 01/17/2025 Coupon 3133EPQC2 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/29/2025 Coupon 3130ANDF4 5,000,000.00 FEDERAL HOME LOAN BANKS 0.9 07/29/2026 22,500.00 22,500.00 01/31/2025 Coupon 69371RS80 1,200,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 27,600.00 27,600.00 January 2025 Total 42,270.36 256,641.79 298,912.15
FEBRUARY 2025
02/10/2025 Coupon 037833EB2 3,000,000.00 APPLE INC 0.7 02/08/2026 10,500.00 10,500.00 02/13/2025 Coupon 713448FQ6 195,000.00 PEPSICO INC 4.55 02/13/2026 4,436.25 4,436.25 02/14/2025 Coupon 532457CQ9 705,000.00 ELI LILLY AND CO 4.2 08/14/2029 14,805.00 14,805.00 02/17/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 02/17/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 02/17/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 02/17/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 02/17/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,579.87 1,579.87 02/17/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 20,899.75 20,899.75 02/18/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2028 1,420.42 1,420.42 02/18/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 02/18/2025 Coupon 3135GA4W8 3,950,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 02/18/2025 9,875.00 9,875.00
02/18/2025 Final Maturity 3135GA4W8 3,950,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 02/18/2025 3,950,000.00 3,950,000.00
02/18/2025 Coupon 713448FL7 1,500,000.00 PEPSICO INC 3.6 02/18/2028 27,000.00 27,000.00 02/18/2025 Coupon 912810FE3 2,100,000.00 UNITED STATES TREASURY 5.5 08/15/2028 57,750.00 57,750.00 02/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 02/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 1,575.00 1,575.00 02/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 784.30 784.30 02/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 13,357.20 13,357.20 02/21/2025 Coupon 907818GE2 470,000.00 UNION PACIFIC CORP 4.75 02/21/2026 11,162.50 11,162.50 02/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 02/25/2025 Coupon 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 14.66 14.66 02/25/2025 Effective Maturity 05593AAC3 78,599.11 BMWLT 2023-1 A3 5.16 11/25/2025 3,408.43 3,408.43 02/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 02/26/2025 Coupon 17275RBR2 1,250,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 30,312.50 30,312.50 02/28/2025 Coupon 91282CKD2 2,200,000.00 UNITED STATES TREASURY 4.25 02/28/2029 46,750.00 46,750.00 855
CONFIDENTIAL | 28
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount February 2025
Total 3,987,665.38 236,923.58 4,224,588.96
MARCH 2025
03/03/2025 Coupon 3133EPCF0 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 03/02/2026 45,000.00 45,000.00
03/10/2025 Coupon 24422EXD6 505,000.00 JOHN DEERE CAPITAL CORP 5.15 09/08/2026 13,003.75 13,003.75 03/10/2025 Coupon 3130ATS57 2,000,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 45,000.00 45,000.00 03/14/2025 Coupon 06368LAQ9 1,000,000.00 BANK OF MONTREAL 4.7 09/14/2027 23,500.00 23,500.00 03/17/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2028 1,420.42 1,420.42 03/17/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 03/17/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 03/17/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 03/17/2025 Coupon 3133EPDJ1 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.375 09/15/2027 43,750.00 43,750.00
03/17/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 03/17/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 03/17/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,492.61 1,492.61 03/17/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 18,983.97 18,983.97 03/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 03/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 1,575.00 1,575.00 03/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 728.20 728.20 03/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 12,958.47 12,958.47 03/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 03/25/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 6,627.87 6,627.87 03/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 03/31/2025 Coupon 91282CCZ2 3,000,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,125.00 13,125.00 03/31/2025 Coupon 91282CKG5 2,200,000.00 UNITED STATES TREASURY 4.125 03/31/2029 45,375.00 45,375.00 March 2025 Total 38,570.30 252,928.06 291,498.37
APRIL 2025
04/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2028 1,420.42 1,420.42 04/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 04/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 856
CONFIDENTIAL | 29
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 04/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 04/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 04/15/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,413.36 1,413.36 04/15/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 22,883.36 22,883.36 04/15/2025 Coupon 91324PEN8 775,000.00 UNITEDHEALTH GROUP INC 5.15 10/15/2025 19,956.25 19,956.25 04/16/2025 Coupon 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 20,000.00 20,000.00 04/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 04/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 1,575.00 1,575.00 04/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 673.77 673.77 04/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 13,322.15 13,322.15 04/22/2025 Coupon 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 13,018.75 13,018.75 04/22/2025 Effective Maturity 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 1,250,000.00 1,250,000.00 04/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 835.87 835.87 04/25/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 11,354.40 11,354.40 04/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 04/28/2025 Coupon 3130ANA42 4,000,000.00 FEDERAL HOME LOAN BANKS 0.65 04/28/2025 6,500.00 6,500.00 04/28/2025 Final Maturity 3130ANA42 4,000,000.00 FEDERAL HOME LOAN BANKS 0.65 04/28/2025 4,000,000.00 4,000,000.00 04/28/2025 Coupon 3134GW3Z7 8,500,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 25,500.00 25,500.00
04/29/2025 Coupon 3130AMBG6 5,000,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 18,750.00 18,750.00 04/29/2025 Final Maturity 3130AMBG6 5,000,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 5,000,000.00 5,000,000.00 04/30/2025 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2028 1,420.42 1,420.42 05/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 05/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 05/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 05/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 05/15/2025 Coupon 4581X0EK0 1,720,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.5 05/15/2026 38,700.00 38,700.00
05/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 05/15/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,317.82 1,317.82 05/15/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 22,100.90 22,100.90 05/15/2025 Coupon 9128284N7 2,000,000.00 UNITED STATES TREASURY 2.875 05/15/2028 28,750.00 28,750.00 05/15/2025 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 05/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 05/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 1,575.00 1,575.00 05/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 617.82 617.82 05/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 12,820.83 12,820.83 05/26/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 784.11 784.11 05/26/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 10,769.35 10,769.35 05/26/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 May 2025 Total 45,691.08 132,244.67 177,935.75
JUNE 2025
06/02/2025 Coupon 91282CKT7 2,200,000.00 UNITED STATES TREASURY 4.5 05/31/2029 49,500.00 49,500.00 06/06/2025 Coupon 24422EWF2 280,000.00 JOHN DEERE CAPITAL CORP 3.4 06/06/2025 4,760.00 4,760.00 06/06/2025 Final Maturity 24422EWF2 280,000.00 JOHN DEERE CAPITAL CORP 3.4 06/06/2025 280,000.00 280,000.00 06/09/2025 Coupon 3130AEB25 2,000,000.00 FEDERAL HOME LOAN BANKS 3.25 06/09/2028 32,500.00 32,500.00 06/09/2025 Coupon 3130AXQK7 2,000,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 47,500.00 47,500.00 06/16/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2028 1,420.42 1,420.42 06/16/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 06/16/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 06/16/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 06/16/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 06/16/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 858
CONFIDENTIAL | 31
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 06/16/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,225.55 1,225.55 06/16/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 19,888.24 19,888.24 06/23/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 06/23/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 1,575.00 1,575.00 06/23/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 563.97 563.97 06/23/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 12,571.98 12,571.98 06/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 735.02 735.02 06/25/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 10,565.65 10,565.65 06/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 06/25/2025 Coupon 437076DC3 1,250,000.00 HOME DEPOT INC 4.75 06/25/2029 29,687.50 29,687.50 June 2025 Total 323,025.86 187,559.46 510,585.32
Grand Total 292,528,254.87 22,300,715.96 2,501,508.82 24,802,224.77 859
CONFIDENTIAL | 32
City of Orange Cons | Account #10897 | As of July 31, 2024 Execution Time: 08/20/2024 08:15:40 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

IMPORTANT DISCLOSURES
Chandler Asset Management, Inc. (“Chandler”) is 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 client’s 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 THEIR RESPECTIVE THIRD PARTY PROVIDERS GUARANTEE THE QUALITY, ADEQUACY, ACCURACY, TIMELINESS OR COMPLETENESS OF THE INDICES OR THE INDEX DATA OR ANY COMPONENT THEREOF, AND THE INDICES AND INDEX DATA AND ALL COMPONENTS THEREOF ARE PROVIDED ON AN “AS IS” BASIS AND LICENSEE’S USE IS AT LICENSEE’S OWN RISK. ICE DATA, ITS AFFILIATES AND THEIR RESPECTIVE THIRD PARTY DO NOT SPONSOR, ENDORSE, OR RECOMMEND CHANDLER, OR ANY OF ITS PRODUCTS OR SERVICES.

Ratings: Ratings information have been provided by Moody’s, 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.

MONTHLY ACCOUNT STATEMENT
City of Orange Cons | Account #10897 | As of August 31, 2024 CHANDLER ASSET MANAGEMENT | chandlerasset.com
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 at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:
861
CONFIDENTIAL | 2
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Account Summary
Maturity Distribution
Top Issuers
Credit Quality
Average Modified Duration 1.43
Average Coupon 2.91%
Average Purchase YTM 2.97%
Average Market YTM 3.89%
Average Quality AA
Average Final Maturity 1.67
Average Life 1.47
Beg. Values as of
08/01/2024
End Values as of
08/31/2024
Market Value 153,717,987.93 151,422,421.84
Accrued Interest 651,858.65 666,097.73
Total Market Value 154,369,846.59 152,088,519.57
Income Earned 748,641.35 198,894.46
Cont/WD (20,688,696.68) (3,386,982.96)
Par 155,245,245.34 152,239,525.39
Book Value 155,021,973.10 152,022,380.57
Cost Value 154,920,155.32 151,913,242.69
LAIF 21.26%
United States 14.35%
Federal Home Loan Banks 12.91%
Wells Fargo & Company 11.03%
FHLMC 7.42%
Farm Credit System 5.45%
Toyota Motor Corporation 3.17%
FNMA 2.55%
*See Footnote
The credit quality is a weighted average calculation of the highest of S&P, Moody’s’ and Fitch 862
CONFIDENTIAL | 3
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (BV; ABS, CMO & MBS) 20.0 4.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (BV) 20.0 4.0 Compliant
Max % Issuer (BV) 5.0 0.7 Compliant
Max Maturity (Years)54 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

COMMERCIAL PAPER
Max % (BV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (BV) 30.0 18.0 Compliant
Max % Issuer (BV) 5.0 3.3 Compliant
Max Maturity (Years)54 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 75.0 28.4 Compliant
Max % Issuer (MV) 30.0 12.9 Compliant
Max Callables (MV) 20.0 18.8 Compliant
Max Maturity (Years)54 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 32.2 Compliant

LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (MV) 100.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (MV) 20.0 0.3 Compliant
Max % Issuer (BV) 20.0 0.3 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 2.5 Compliant
Max % Issuer (BV) 10.0 1.3 Compliant
Max Maturity (Years) 5 3 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 14.4 Compliant
Max Maturity (Years) 5 4 Compliant
864
CONFIDENTIAL | 5
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(01/01/2024)
Beginning Book Value 155,021,973.10 163,933,768.11
Maturities/Calls 0.00 (23,065,000.00)
Principal Paydowns (10,064.46) (251,465.35)
Purchases 11,171,813.52 92,298,501.21
Sales (14,378,810.10) (81,226,977.44)
Change in Cash, Payables, Receivables 218,338.18 385,849.61 Amortization/Accretion 7,756.89 53,846.79
Realized Gain (Loss) (8,626.56) (106,142.37)
Ending Book Value 152,022,380.57 152,022,380.57
Month to Date Fiscal Year to Date
(01/01/2024)
Beginning Market Value 153,717,987.93 161,007,324.31
Maturities/Calls 0.00 (23,065,000.00)
Principal Paydowns (10,064.46) (251,465.35)
Purchases 11,171,813.52 92,298,501.21
Sales (14,378,810.10) (81,226,977.44)
Change in Cash, Payables, Receivables 218,338.18 385,849.61 Amortization/Accretion 7,756.89 53,846.79
Change in Net Unrealized Gain (Loss) 704,026.43 2,326,485.07 Realized Gain (Loss) (8,626.56) (106,142.37)
Ending Market Value 151,422,421.84 151,422,421.84
Maturities / Calls
Month to Date 0.00
Fiscal Year to Date (23,065,000.00)
Principal Paydowns
Month to Date (10,064.46)
Fiscal Year to Date (251,465.35)
Purchases
Month to Date 11,171,813.52
Fiscal Year to Date 92,298,501.21
Sales
Month to Date (14,378,810.10)
Fiscal Year to Date (81,226,977.44)
Interest Received
Month to Date 174,581.82
Fiscal Year to Date 2,803,229.50
Purchased / Sold Interest
Month to Date 2,316.67
Fiscal Year to Date (125,742.74)
865
CONFIDENTIAL | 6
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025 68,534.64 02/07/20235.43%
68,533.01
68,533.92

99.97 5.31%
68,515.56

58.94 0.05%
(18.36)
Aaa/AAA
NA

1.24 0.29
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027 210,000.00 02/16/20235.09%
209,960.98
209,975.26
100.20

4.87%
210,418.28
294.00

0.14%
443.02
Aaa/NA
AAA

2.64 0.91
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 395,000.00 02/22/2023

3.39%
394,928.03
394,951.02
100.28

4.80%
396,108.29
879.53

0.26%
1,157.28
Aaa/NA
AAA

3.21 1.08
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028 190,000.00 07/11/20235.47%
189,966.33
189,974.55
100.99

4.68%
191,888.18
173.22

0.13%
1,913.63
NA/AAA
AAA

3.49 1.17
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026 350,000.00 06/07/20234.87%
349,968.96
349,976.65
100.66

4.51%
352,317.21
757.56

0.23%
2,340.56
NA/AAA
AAA

1.70 1.60
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028 330,000.00 11/01/20235.74%
329,941.89
329,952.16
101.93

4.50%
336,368.18
519.75

0.22%
6,416.02
Aaa/NA
AAA

3.81 1.54
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028 1,055,000.00 09/12/20235.29%
1,054,952.84
1,054,961.84
101.89

4.30%
1,074,930.64
2,452.29

0.71%
19,968.80
NA/AAA
AAA

4.04 1.89
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 1,060,000.00 09/07/2023

5.17%
1,059,706.17
1,059,762.78
101.67

4.34%
1,077,752.56
2,430.93

0.71%
17,989.78
NR/AAA
AAA

4.04 1.89
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 450,000.00 06/04/20245.24%
449,931.65
449,934.91
101.68

4.36%
457,578.77
388.50

0.30%
7,643.86
Aaa/AAA
NA

4.49 1.90
44934QAD3 HART 2024-B A3 4.84
03/15/2029 285,000.00 07/16/20244.90%
284,956.99
284,957.98
101.07

4.40%
288,035.71
613.07

0.19%
3,077.73
NA/AAA
AAA

4.54 2.17
47786WAD2 JDOT 2024-B A3 5.2 03/15/2029 510,000.00 06/11/2024

5.26%
509,900.30
509,904.62
102.04

4.30%
520,396.10
1,178.67

0.34%
10,491.48
Aaa/NA
AAA

4.54 2.10
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029 630,000.00 08/09/20244.62%
629,901.03
629,901.68
100.46

4.40%
632,868.26
799.75

0.42%
2,966.58
Aaa/NA
AAA

4.55 2.13
05522RDJ4 BACCT 2024-1 A 4.93
03/15/2029 505,000.00 06/06/20244.93%
504,971.67
504,972.98
101.82

4.25%
514,193.98
1,106.51

0.34%
9,221.00
Aaa/AAA
NA

4.54 2.48
Total ABS 6,038,534.64 5.02%
6,037,619.85
6,037,760.33
101.38

4.42%
6,121,371.71
11,652.71

4.04%
83,611.38
Aaa/AAA
AAA

3.94 1.83
AGENCY
3134GWVE3

FEDERAL HOME LOAN
MORTGAGE CORP 0.4
09/25/2024
3,075,000.00 11/19/2020

0.41%
3,074,077.50
3,074,984.25

99.70 5.25%
3,065,906.03
5,330.00

2.02%
(9,078.23)
Aaa/AA+
AA+

0.07 0.06
3135GA4W8 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.5 02/18/2025 3,950,000.00 11/20/20200.50% 3,950,000.00
3,950,000.00

97.87 5.26%
3,865,837.71
713.19

2.55%
(84,162.29)
Aaa/AA+
AA+

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025 4,000,000.00 07/28/20210.65%
4,000,000.00
4,000,000.00

97.35 4.82%
3,894,112.92
2,383.33

2.57%
(105,887.08)
Aaa/AA+
AA+

0.66 0.64
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025 5,000,000.00 05/04/20210.75%
5,000,000.00
5,000,000.00

97.40 4.82%
4,870,239.95
12,708.33

3.22%
(129,760.05)
Aaa/AA+
AA+

0.66 0.64
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
8,500,000.00 10/28/2020

0.60%
8,500,000.00
8,500,000.00

96.07 4.13%
8,165,965.90
17,425.00

5.39%
(334,034.11)
Aaa/AA+
AA+

1.16 1.12
3133EPCF0 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 03/02/2026 2,000,000.00 03/27/20234.01% 2,026,680.00
2,013,639.22
100.54

4.13%
2,010,702.28
44,750.00

1.33%
(2,936.94)
Aaa/AA+
AA+

1.50 1.43
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
2,000,000.00 07/28/2023

4.66%
1,998,260.00
1,998,900.04
101.05

4.03%
2,021,021.36
11,305.56

1.33%
22,121.32
Aaa/AA+
AA+

1.88 1.77
3130ANDF4 FEDERAL HOME LOAN BANKS 0.9
07/29/2026 5,000,000.00 07/29/20210.90%
5,010,000.00
5,000,000.00

94.14 4.13%
4,707,144.70
4,000.00

3.11%
(292,855.30)
Aaa/AA+
AA+

1.91 1.85
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
2,000,000.00 03/27/2023

3.81%
2,045,720.00
2,031,068.31
101.45

3.86%
2,028,956.62
40,347.22

1.34%
(2,111.69)
Aaa/AA+
AA+

3.04 2.77
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 2,000,000.00 03/27/20233.82%
2,060,420.00
2,042,951.97
102.12

3.85%
2,042,369.68
42,750.00

1.35%
(582.29)
Aaa/AA+
AA+

3.53 3.17
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028 2,000,000.00 07/24/20234.15%
1,921,180.00
1,939,059.44

98.22 3.76%
1,964,486.96
14,805.56

1.30%
25,427.52
Aaa/AA+
AA+

3.77 3.48
3130AXQK7 FEDERAL HOME LOAN BANKS

4.75 12/08/2028 2,000,000.00 01/29/20244.05%
2,060,660.00
2,053,308.31
103.58

3.83%
2,071,610.52
21,902.78

1.37%
18,302.21
Aaa/AA+
AA+

4.27 3.80
3133ERDH1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 04/30/2029 2,100,000.00 04/29/20244.70% 2,104,263.00
2,103,973.51
104.04

3.80%
2,184,782.96
33,527.08

1.44%
80,809.46
Aaa/AA+
AA+

4.66 4.10
Total Agency 43,625,000.00 1.83%
43,751,260.50
43,707,885.04

98.40 4.37%
42,893,137.58
251,948.06

28.33%
(814,747.46)
Aaa/AA+
AA+

1.70 1.58
CASH
CCYUSD Receivable 48,468.04 --

0.00%
48,468.04
48,468.04

1.00 0.00%
48,468.04

0.00 0.03%

0.00 Aaa/AAA
AAA

0.00 0.00
999WEL$12 Wells Fargo General 152,661.00 07/31/2024

5.17%
152,661.00
152,661.00

1.00 5.17%
152,661.00

0.00 0.10%

0.00 NA/NA
NA

0.00 0.00
CCYUSD Receivable 338,033.14 --

0.00%
338,033.14
338,033.14

1.00 0.00%
338,033.14

0.00 0.22%

0.00 Aaa/AAA
AAA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
999WEL$14 Wells Fargo 481,547.51 --

0.00%
481,547.51
481,547.51

1.00 0.00%
481,547.51

0.00 0.32%

0.00 NA/NA
NA

0.00 0.00
999WEL$15 Wells Fargo 16,075,209.44 --

0.00%
16,075,209.44
16,075,209.44

1.00 0.00%
16,075,209.44

0.00 10.62%

0.00 NA/NA
NA

0.00 0.00
Total Cash 17,095,919.13 0.05%
17,095,919.13
17,095,919.13

1.00 0.05%
17,095,919.13

0.00 11.29%

0.00 Aaa/AAA
AAA

0.00 0.00

CORPORATE
191216CL2 COCA-COLA CO 1.75 09/06/2024 3,000,000.00 09/20/2019

1.99%
2,964,750.00
2,999,902.79

99.97 5.38%
2,999,080.86
25,520.83

1.98%
(821.93)
A1/A+
WR

0.02 0.01
14913Q3B3 CATERPILLAR FINANCIAL
SERVICES CORP 2.15 11/08/2024 1,250,000.00 05/31/20222.86% 1,229,100.00
1,248,403.15

99.43 5.31%
1,242,854.05
8,435.76

0.82%
(5,549.10)
A2/A
A+

0.19 0.18
24422EWF2 JOHN DEERE CAPITAL CORP 3.4
06/06/2025 280,000.00 06/01/20223.41%
279,935.60
279,983.66

98.98 4.78%
277,149.85
2,247.78

0.18%
(2,833.81)
A1/A
A+

0.76 0.73
91324PEN8 UNITEDHEALTH GROUP INC 5.15
10/15/2025 775,000.00 12/28/20224.56%
786,780.00
779,723.55
100.79

4.41%
781,126.42
15,078.06

0.52%
1,402.87
A2/A+
A

1.12 1.06
89236THP3 TOYOTA MOTOR CREDIT CORP

0.8 10/16/2025 5,000,000.00 11/19/20200.70%
5,025,000.00
5,005,719.87

95.99 4.51%
4,799,675.95
15,000.00

3.17%
(206,043.92)
A1/A+
A+

1.13 1.09
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
495,000.00 10/20/2022

5.50%
494,336.70
494,743.16
100.91

4.63%
499,487.02
9,067.44

0.33%
4,743.85
A2/AA1.16

1.09 037833EB2 APPLE INC 0.7 02/08/2026 3,000,000.00 02/08/2021

0.70%
2,999,730.00
2,999,922.37

95.15 4.23%
2,854,573.23
1,341.67

1.89%
(145,349.14)
Aaa/AA+
NA

1.44 1.40
713448FQ6 PEPSICO INC 4.55 02/13/2026 195,000.00 02/13/2023

4.57%
194,886.90
194,945.21
100.37

4.28%
195,728.10
443.63

0.13%
782.90
A1/A+
NA

1.45 1.30
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026 470,000.00 02/13/20234.77%
469,689.80
469,847.73
100.45

4.43%
472,092.52
620.14

0.31%
2,244.79
A3/AA1.48

1.32 46647PBK1 JPMORGAN CHASE & CO 2.083
04/22/2026 1,250,000.00 05/31/20223.92%
1,190,825.00
1,236,081.22

98.10 6.41%
1,226,234.54
9,330.10

0.81%
(9,846.69)
A1/AAA1.64

0.62 61747YET8 MORGAN STANLEY 4.679
07/17/2026 775,000.00 12/28/20225.26%
764,390.25
771,358.53

99.57 6.16%
771,634.92
4,432.05

0.51%
276.39
A1/AA+1.88

0.84 24422EXD6 JOHN DEERE CAPITAL CORP 5.15
09/08/2026 505,000.00 09/05/20235.18%
504,641.45
504,758.89
101.77

4.23%
513,913.85
12,498.05

0.34%
9,154.96
A1/A
A+

2.02 1.85
713448FW3 PEPSICO INC 5.125 11/10/2026 380,000.00 11/08/2023

5.13%
379,897.40
379,925.11
101.96

4.17%
387,458.58
6,004.79

0.26%
7,533.47
A1/A+
NA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027 1,000,000.00 03/30/20234.91%
991,550.00
994,249.02
100.98

4.35%
1,009,833.11
21,802.78

0.67%
15,584.09
A2/AAA3.04

2.67 78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028 1,000,000.00 03/30/20234.95%
997,990.00
998,587.94
101.72

4.34%
1,017,203.48
6,669.44

0.67%
18,615.54
A1/A
AA3.373.05
06051GGF0 BANK OF AMERICA CORP 3.824
01/20/2028 1,250,000.00 06/27/20245.30%
1,206,175.00
1,209,218.40

98.26 5.25%
1,228,194.39
5,443.89

0.81%
18,975.98
A1/AAA3.39

2.24 713448FL7 PEPSICO INC 3.6 02/18/2028 1,500,000.00 03/27/2024

4.49%
1,452,735.00
1,457,953.43

98.38 4.11%
1,475,720.66
1,950.00

0.97%
17,767.23
A1/A+
NA

3.47 3.21
91324PEU2 UNITEDHEALTH GROUP INC 4.25
01/15/2029 1,000,000.00 05/28/20245.05%
967,180.00
969,022.73
100.04

4.24%
1,000,440.57
5,430.56

0.66%
31,417.84
A2/A+
A

4.38 3.93
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 1,200,000.00 03/27/20244.70%
1,194,684.00
1,195,155.53
101.44

4.24%
1,217,282.33
4,753.33

0.80%
22,126.80
A1/A+
NA

4.42 3.94
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 1,250,000.00 02/27/20244.84%
1,250,650.00
1,250,582.93
102.74

4.17%
1,284,204.31
842.01

0.85%
33,621.38
A1/AANA4.49

3.93 437076DC3 HOME DEPOT INC 4.75
06/25/2029 1,250,000.00 06/27/20244.82%
1,245,987.50
1,246,130.57
102.24

4.23%
1,277,985.21
10,885.42

0.84%
31,854.64
A2/A
A

4.82 4.17
532457CQ9 ELI LILLY AND CO 4.2 08/14/2029 705,000.00 08/12/2024

4.25%
703,456.05
703,471.27
100.22

4.15%
706,553.78
1,398.25

0.47%
3,082.51
A1/A+
NA

4.95 4.35
Total Corporate 27,530,000.00 3.23%
27,294,370.65
27,389,687.06

99.00 4.67%
27,238,427.74
169,195.98

17.99%
(151,259.33)
A1/A+
A+

2.16 1.85
LAIF
90LAIF$00 Local Agency Investment Fund
State Pool 32,192,867.38 --4.60%
32,192,867.38
32,192,867.38

1.00 4.60%
32,192,867.38

0.00 21.26%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 32,192,867.38 4.60%
32,192,867.38
32,192,867.38

1.00 4.60%
32,192,867.38

0.00 21.26%

0.00 NA/NA
NA

0.00 0.00

MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 437,204.24 --

4.89%
437,204.24
437,204.24

1.00 4.89%
437,204.24

0.00 0.29%

0.00 Aaa/
AAAm
AAA

0.00 0.00
Total Money
Market Fund 437,204.24 4.89%
437,204.24
437,204.24

1.00 4.89%
437,204.24

0.00 0.29%

0.00 Aaa/
AAAm
AAA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration

SUPRANATIONAL
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
1,720,000.00 06/27/2023

4.53%
1,718,675.60
1,719,212.21
100.64

4.11%
1,730,926.23
22,790.00

1.14%
11,714.02
Aaa/AAA
NA

1.70 1.60
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
2,000,000.00 07/24/2023

4.19%
1,938,380.00
1,952,077.11

98.92 3.80%
1,978,497.52
9,527.78

1.31%
26,420.41
Aaa/AAA
NA

3.87 3.56
Total
Supranational 3,720,000.00 4.35%
3,657,055.60
3,671,289.32

99.72 3.94%
3,709,423.75
32,317.78

2.45%
38,134.43
Aaa/AAA
NA

2.86 2.64

US TREASURY
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 3,000,000.00 09/30/20211.01%
2,980,546.88
2,991,914.06

94.03 3.90%
2,820,937.50
11,045.08

1.86%
(170,976.56)
Aaa/AA+
AA+

2.08 2.01
91282CHA2 UNITED STATES TREASURY 3.5
04/30/2028 2,200,000.00 06/13/20244.33%
2,135,203.13
2,138,818.21

99.11 3.76%
2,180,320.32
25,945.65

1.44%
41,502.11
Aaa/AA+
AA+

3.67 3.36
9128284N7 UNITED STATES TREASURY 2.875
05/15/2028 2,000,000.00 07/31/20234.23%
1,883,281.25
1,909,826.43

96.91 3.78%
1,938,125.00
17,031.25

1.28%
28,298.57
Aaa/AA+
AA+

3.71 3.44
912810FE3 UNITED STATES TREASURY 5.5
08/15/2028 2,100,000.00 04/29/20244.59%
2,173,746.09
2,167,914.13
106.72

3.66%
2,241,093.75
5,335.60

1.48%
73,179.62
Aaa/AA+
AA+

3.96 3.54
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 2,200,000.00 05/28/20244.57%
2,226,640.63
2,225,074.50
104.25

3.76%
2,293,585.93
36,138.59

1.51%
68,511.43
Aaa/AA+
AA+

4.17 3.69
9128285M8 UNITED STATES TREASURY 3.125
11/15/2028 2,000,000.00 12/28/20233.86%
1,935,078.13
1,944,071.79

97.50 3.77%
1,950,078.12
18,512.23

1.29%
6,006.33
Aaa/AA+
AA+

4.21 3.85
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 2,200,000.00 03/27/20244.18%
2,206,617.19
2,206,039.38
102.12

3.73%
2,246,578.14
258.29

1.48%
40,538.75
Aaa/AA+
AA+

4.50 4.06
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 2,200,000.00 05/28/20244.53%
2,161,156.25
2,163,244.62
101.58

3.75%
2,234,718.75
38,184.43

1.48%
71,474.13
Aaa/AA+
AA+

4.58 4.07
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 1,500,000.00 06/27/20244.31%
1,520,097.66
1,519,358.36
103.73

3.74%
1,556,015.63
23,376.36

1.03%
36,657.27
Aaa/AA+
AA+

4.66 4.11
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 2,200,000.00 06/13/20244.25%
2,224,578.13
2,223,506.57
103.30

3.73%
2,272,617.18
25,155.74

1.50%
49,110.62
Aaa/AA+
AA+

4.75 4.20
Total US Treasury 21,600,000.00 3.90%
21,446,945.34
21,489,768.06
100.77

3.76%
21,734,070.31
200,983.21

14.35%
244,302.25
Aaa/AA+
AA+

3.96 3.58
Total Portfolio 152,239,525.39 2.97%
151,913,242.69
152,022,380.57

67.02 3.89%
151,422,421.84
666,097.73
100.00%
(599,958.73)
Aa2/AAAA1.67

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 08/02/2024 31846V203 642.81 FIRST AMER:GVT OBLG Y 1.000 4.91% (642.81) 0.00 (642.81) 0.00 Purchase 08/08/2024 31846V203 10,500.00 FIRST AMER:GVT OBLG Y 1.000 4.90% (10,500.00) 0.00 (10,500.00) 0.00 Purchase 08/13/2024 31846V203 4,436.25 FIRST AMER:GVT OBLG Y 1.000 4.91% (4,436.25) 0.00 (4,436.25) 0.00 Purchase 08/14/2024 532457CQ9 705,000.00 ELI LILLY AND CO 4.2 08/14/2029 99.781 4.25% (703,456.05) 0.00 (703,456.05) 0.00 Purchase 08/14/2024 31846V203 905,014.62 FIRST AMER:GVT OBLG Y 1.000 4.91% (905,014.62) 0.00 (905,014.62) 0.00 Purchase 08/15/2024 31846V203 72,050.30 FIRST AMER:GVT OBLG Y 1.000 4.90% (72,050.30) 0.00 (72,050.30) 0.00 Purchase 08/15/2024 31846V203 3,014.65 FIRST AMER:GVT OBLG Y 1.000 4.90% (3,014.65) 0.00 (3,014.65) 0.00 Purchase 08/19/2024 31846V203 36,875.00 FIRST AMER:GVT OBLG Y 1.000 4.90% (36,875.00) 0.00 (36,875.00) 0.00 Purchase 08/21/2024 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 99.984 4.66% (629,901.03) 0.00 (629,901.03) 0.00 Purchase 08/21/2024 31846V203 2,441.25 FIRST AMER:GVT OBLG Y 1.000 4.90% (2,441.25) 0.00 (2,441.25) 0.00 Purchase 08/26/2024 31846V203 31,178.58 FIRST AMER:GVT OBLG Y 1.000 4.91% (31,178.58) 0.00 (31,178.58) 0.00 Purchase 08/26/2024 31846V203 12,344.94 FIRST AMER:GVT OBLG Y 1.000 4.91% (12,344.94) 0.00 (12,344.94) 0.00 Purchase 08/31/2024 999WEL$14 5,210.42 Wells Fargo 1.000 0.00% (5,210.42) 0.00 (5,210.42) 0.00 Purchase 08/31/2024 999WEL$15 8,754,747.62 Wells Fargo 1.000 0.00% (8,754,747.62) 0.00 (8,754,747.62) 0.00 Total Purchase 11,173,456.44 (11,171,813.52) 0.00 (11,171,813.52) 0.00 TOTAL
ACQUISITIONS 11,173,456.44 (11,171,813.52) 0.00 (11,171,813.52) 0.00

DISPOSITIONS
Sale 08/14/2024 3134GWVE3 (1,500,000.00)

FEDERAL HOME LOAN
MORTGAGE CORP 0.4
09/25/2024

99.424 0.41% 1,491,360.00 (2,316.67) 1,493,676.67 (8,626.56) Sale 08/14/2024 31846V203 (114,794.00) FIRST AMER:GVT OBLG Y 1.000 4.91% 114,794.00 0.00 114,794.00 0.00 Sale 08/16/2024 31846V203 (6,291.61) FIRST AMER:GVT OBLG Y 1.000 4.90% 6,291.61 0.00 6,291.61 0.00 Sale 08/21/2024 31846V203 (618,738.53) FIRST AMER:GVT OBLG Y 1.000 4.90% 618,738.53 0.00 618,738.53 0.00 Sale 08/23/2024 31846V203 (684.96) FIRST AMER:GVT OBLG Y 1.000 4.90% 684.96 0.00 684.96 0.00 Sale 08/31/2024 999WEL$12 (146,941.00) Wells Fargo General 1.000 0.00% 146,941.00 0.00 146,941.00 0.00 Sale 08/31/2024 90LAIF$00 (12,000,000.00) Local Agency Investment Fund State Pool 1.000 4.60% 12,000,000.00 0.00 12,000,000.00 0.00 872
CONFIDENTIAL | 13
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss Total Sale (14,387,450.10) 14,378,810.10 (2,316.67) 14,381,126.77 (8,626.56) TOTAL
DISPOSITIONS (14,387,450.10) 14,378,810.10 (2,316.67) 14,381,126.77 (8,626.56) OTHER
Cash Transfer 08/31/2024 CCYUSD (3,386,982.96) Cash 0.00% (3,386,982.96) 0.00 (3,386,982.96) 0.00 Total Cash
Transfer (3,386,982.96) (3,386,982.96) 0.00 (3,386,982.96) 0.00 Coupon 08/08/2024 037833EB2 0.00 APPLE INC 0.7
02/08/2026 0.70% 10,500.00 0.00 10,500.00 0.00
Coupon 08/13/2024 713448FQ6 0.00 PEPSICO INC 4.55
02/13/2026 4.57% 4,436.25 0.00 4,436.25 0.00
Coupon 08/15/2024 912810FE3 0.00 UNITED STATES TREASURY

5.5 08/15/2028 4.59% 57,750.00 0.00 57,750.00 0.00
Coupon 08/15/2024 44934QAD3 0.00 HART 2024-B A3 4.84
03/15/2029 4.90% 804.65 0.00 804.65 0.00
Coupon 08/15/2024 02582JJZ4 0.00 AMXCA 2023-1 A 4.87
05/15/2026 4.92% 1,420.42 0.00 1,420.42 0.00
Coupon 08/15/2024 05522RDJ4 0.00 BACCT 2024-1 A 4.93
03/15/2029 4.93% 2,074.71 0.00 2,074.71 0.00
Coupon 08/15/2024 47800CAC0 0.00 JDOT 2023 A3 5.01
11/15/2027 5.07% 1,649.13 0.00 1,649.13 0.00
Coupon 08/15/2024 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.23% 4,558.00 0.00 4,558.00 0.00
Coupon 08/15/2024 47786WAD2 0.00 JDOT 2024-B A3 5.2
03/15/2029 5.26% 2,210.00 0.00 2,210.00 0.00
Coupon 08/15/2024 02582JKD1 0.00 AMXCA 2023-3 A 5.23
09/15/2028 5.29% 4,598.04 0.00 4,598.04 0.00
Coupon 08/18/2024 3135GA4W8 0.00

FEDERAL NATIONAL

MORTGAGE ASSOCIATION

0.5 02/18/2025

0.50% 9,875.00 0.00 9,875.00 0.00
Coupon 08/18/2024 713448FL7 0.00 PEPSICO INC 3.6
02/18/2028 4.49% 27,000.00 0.00 27,000.00 0.00
873
CONFIDENTIAL | 14
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss Coupon 08/21/2024 907818GE2 0.00 UNION PACIFIC CORP

4.75 02/21/2026 4.77% 11,162.50 0.00 11,162.50 0.00
Coupon 08/21/2024 43815JAC7 0.00 HAROT 2023-1 A3 5.04
04/21/2027 5.11% 882.00 0.00 882.00 0.00
Coupon 08/21/2024 438123AC5 0.00 HAROT 2023-4 A3 5.67
06/21/2028 5.75% 1,559.25 0.00 1,559.25 0.00
Coupon 08/25/2024 05593AAC3 0.00 BMWLT 2023-1 A3 5.16
11/25/2025 5.22% 337.98 0.00 337.98 0.00
Coupon 08/25/2024 096919AD7 0.00 BMWOT 2024-A A3 5.18
02/26/2029 5.24% 1,942.50 0.00 1,942.50 0.00
Coupon 08/25/2024 05592XAD2 0.00 BMWOT 2023-A A3 5.47
02/25/2028 5.54% 866.08 0.00 866.08 0.00
Coupon 08/26/2024 17275RBR2 0.00 CISCO SYSTEMS INC 4.85 02/26/2029 4.84% 30,312.50 0.00 30,312.50 0.00
Total Coupon 0.00 173,939.01 0.00 173,939.01 0.00
Custody Fee 08/23/2024 CCYUSD (684.96) Cash 0.00% (684.96) 0.00 (684.96) 0.00 Total Custody
Fee (684.96) (684.96) 0.00 (684.96) 0.00
Dividend 07/31/2024 31846V203 0.00 FIRST AMER:GVT OBLG Y 642.81 0.00 642.81 0.00 Total Dividend 0.00 642.81 0.00 642.81 0.00
Management
Fee 08/16/2024 CCYUSD (6,291.61) Cash 0.00% (6,291.61) 0.00 (6,291.61) 0.00 Total
Management
Fee (6,291.61) (6,291.61) 0.00 (6,291.61) 0.00
Principal
Paydown 08/25/2024 05593AAC3 10,064.46 BMWLT 2023-1 A3 5.16 11/25/2025 5.22% 10,064.46 -- 10,064.46 (0.00) Total Principal
Paydown 10,064.46 10,064.46 -- 10,064.46 (0.00)

CASH & EQUIVALENTS
31846V203 FIRST AMER:GVT OBLG Y
437,204.24
99,214.94
1,078,498.40
(740,509.10)
437,204.24

0.00 642.81

0.00 0.00

0.00 642.81
642.81
999WEL$12 Wells Fargo General
152,661.00
299,602.00

0.00 (146,941.00)
152,661.00

0.00 0.00

0.00 999WEL$14 Wells Fargo
481,547.51
476,337.09
5,210.42

0.00 481,547.51

0.00 0.00

0.00 999WEL$15 Wells Fargo
16,075,209.44
7,320,461.82
8,754,747.62

0.00 16,075,209.44

0.00 0.00

0.00 CCYUSD Receivable
386,501.18
168,163.00

0.00 0.00
386,501.18

0.00 0.00

0.00 Total Cash & Equivalents 17,533,123.37
8,363,778.85
9,838,456.44
(887,450.10)
17,533,123.37

0.00 642.81

0.00 0.00

0.00 642.81 642.81

FIXED INCOME
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026
06/07/2023
06/14/2023
350,000.00
349,976.11

0.00 0.00
349,976.65
757.56
1,420.42
757.56
1,420.42

0.54 0.00

0.54 1,420.96
1,420.96
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028
09/12/2023
09/19/2023
1,055,000.00
1,054,961.04

0.00 0.00
1,054,961.84
2,452.29
4,598.04
2,452.29
4,598.04

0.80 0.00

0.00 0.00
2,999,922.37
10,091.67
10,500.00
1,341.67
1,750.00

4.58 0.00

4.58 1,754.58
1,754.58
05522RDJ4 BACCT 2024-1 A 4.93
03/15/2029
06/06/2024
06/13/2024
505,000.00
504,972.47

0.00 0.00
504,972.98
1,106.51
2,074.71
1,106.51
2,074.71

0.51 0.00

0.51 2,075.22
2,075.22
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028
07/11/2023
07/18/2023
190,000.00
189,973.93

0.00 0.00
189,974.55
173.22
866.08
173.22
866.08

0.62 0.00

0.62 866.70
866.70
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025
02/07/2023
02/15/2023
68,534.64
78,598.22

0.00 (10,064.46)
68,533.92

67.60 337.98

58.94 329.32

0.16 0.00

0.16 329.49
329.49
06051GGF0 BANK OF AMERICA CORP

3.824 01/20/2028
06/27/2024
06/28/2024
1,250,000.00
1,207,766.93

0.00 0.00
1,209,218.40
1,460.56

0.00 5,443.89
3,983.33
1,451.47

0.00 1,451.47
5,434.80
5,434.80
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027
03/30/2023
03/31/2023
1,000,000.00
994,088.11

0.00 0.00
994,249.02
17,886.11

0.00 21,802.78
3,916.67
160.90

0.00 160.90
4,077.57
4,077.57
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029
06/04/2024
06/11/2024
450,000.00
449,933.68

0.00 0.00
449,934.91
388.50
1,942.50
388.50
1,942.50

1.23 0.00

1.23 1,943.73
1,943.73
14913Q3B3

CATERPILLAR FINANCIAL
SERVICES CORP 2.15
11/08/2024
05/31/2022
06/02/2022
1,250,000.00
1,247,675.17

0.00 0.00
1,248,403.15
6,196.18

0.00 8,435.76
2,239.58
727.98

0.00 727.98
2,967.56
2,967.56
161571HT4 CHAIT 2023-1 A 5.16
09/15/2028
09/07/2023
09/15/2023
1,060,000.00
1,059,757.80

0.00 0.00
1,059,762.78
2,430.93
4,558.00
2,430.93
4,558.00

4.99 0.00

0.00 0.00
1,250,582.93
26,102.43
30,312.50
842.01
5,052.08

0.00 (11.24)
(11.24)
5,040.85
5,040.85
191216CL2 COCA-COLA CO 1.75
09/06/2024
09/20/2019
09/20/2019
3,000,000.00
2,999,300.06

0.00 0.00
2,999,902.79
21,145.83

0.00 25,520.83
4,375.00
602.73

0.00 602.73
4,977.73
4,977.73
24422EWF2 JOHN DEERE CAPITAL CORP

3.4 06/06/2025
06/01/2022
06/06/2022
280,000.00
279,981.84

0.00 0.00
279,983.66
1,454.44

0.00 2,247.78
793.33

1.82 0.00

1.82 795.16
795.16
24422EXD6 JOHN DEERE CAPITAL CORP

5.15 09/08/2026
09/05/2023
09/08/2023
505,000.00
504,748.75

0.00 0.00
504,758.89
10,330.76

0.00 12,498.05
2,167.29

10.14 0.00

10.14 2,177.43
2,177.43
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028
07/24/2023
07/25/2023
2,000,000.00
1,937,687.50

0.00 0.00
1,939,059.44
9,388.89

0.00 14,805.56
5,416.67
1,371.94

0.00 1,371.94
6,788.60
6,788.60
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025
05/04/2021
05/04/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
9,583.33

0.00 12,708.33
3,125.00

0.00 0.00

0.00 3,125.00
3,125.00
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025
07/28/2021
07/28/2021
4,000,000.00
4,000,000.00

0.00 0.00
4,000,000.00
216.67

0.00 2,383.33
2,166.67

0.00 0.00

0.00 2,166.67
2,166.67
3130ANDF4 FEDERAL HOME LOAN BANKS

0.9 07/29/2026
07/29/2021
07/29/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
250.00

0.00 4,000.00
3,750.00

0.00 0.00

0.00 3,750.00
3,750.00
3130ATS57 FEDERAL HOME LOAN BANKS

4.5 03/10/2028
03/27/2023
03/28/2023
2,000,000.00
2,043,987.36

0.00 0.00
2,042,951.97
35,250.00

0.00 42,750.00
7,500.00

4.75 12/08/2028
01/29/2024
01/30/2024
2,000,000.00
2,054,368.32

0.00 0.00
2,053,308.31
13,986.11

0.00 21,902.78
7,916.67

0.00 (1,060.01)
(1,060.01)
6,856.66
6,856.66
3133EPCF0

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
03/02/2026
03/27/2023
03/28/2023
2,000,000.00
2,014,412.19

0.00 0.00
2,013,639.22
37,250.00

0.00 44,750.00
7,500.00

0.00 (772.97)
(772.97)
6,727.03
6,727.03
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
03/27/2023
03/28/2023
2,000,000.00
2,031,936.76

0.00 0.00
2,031,068.31
33,055.56

0.00 40,347.22
7,291.67

0.00 (868.46)
(868.46)
6,423.21
6,423.21
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
07/28/2023
07/31/2023
2,000,000.00
1,998,850.18

0.00 0.00
1,998,900.04
3,597.22

0.00 11,305.56
7,708.33

49.85 0.00

49.85 7,758.19
7,758.19
3133ERDH1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.75
04/30/2029
04/29/2024
04/30/2024
2,100,000.00
2,104,045.88

0.00 0.00
2,103,973.51
25,214.58

0.00 33,527.08
8,312.50

0.00 (72.37)
(72.37)
8,240.13
8,240.13
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
10/28/2020
10/28/2020
8,500,000.00
8,500,000.00

0.00 0.00
8,500,000.00
13,175.00

0.00 17,425.00
4,250.00

0.00 0.00

0.00 4,250.00
4,250.00
3134GWVE3

FEDERAL HOME LOAN
MORTGAGE CORP 0.4
09/25/2024
11/19/2020
11/19/2020
3,075,000.00
4,574,946.31

0.00 (1,499,986.56)
3,074,984.25
6,405.00
2,316.67
5,330.00
1,241.67

24.50 0.00

24.50 1,266.17
1,266.17
3135GA4W8

FEDERAL NATIONAL
MORTGAGE ASSOCIATION 0.5
02/18/2025
11/20/2020
11/20/2020
3,950,000.00
3,950,000.00

0.00 0.00
3,950,000.00
8,942.36
9,875.00
713.19
1,645.83

0.00 0.00

0.00 1,645.83
1,645.83
437076DC3 HOME DEPOT INC 4.75
06/25/2029
06/27/2024
06/28/2024
1,250,000.00
1,246,062.34

0.00 0.00
1,246,130.57
5,937.50

0.00 10,885.42
4,947.92

68.23 0.00

0.00 0.00
329,952.16
519.75
1,559.25
519.75
1,559.25

1.07 0.00

1.07 1,560.32
1,560.32
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029
08/09/2024
08/21/2024
630,000.00

0.00 629,901.03

0.00 629,901.68

0.00 0.00
799.75
799.75

0.65 0.00

0.65 800.40
800.40
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027
02/16/2023
02/24/2023
210,000.00
209,974.46

0.00 0.00
209,975.26
294.00
882.00
294.00
882.00

0.80 0.00

0.80 882.80
882.80
44934QAD3 HART 2024-B A3 4.84
03/15/2029
07/16/2024
07/24/2024
285,000.00
284,957.19

0.00 0.00
284,957.98
268.22
804.65
613.07
1,149.50

0.79 0.00

0.79 1,150.29
1,150.29
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
06/27/2023
07/06/2023
1,720,000.00
1,719,172.88

0.00 0.00
1,719,212.21
16,340.00

0.00 22,790.00
6,450.00

39.33 0.00

39.33 6,489.33
6,489.33
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
07/24/2023
07/26/2023
2,000,000.00
1,951,023.49

0.00 0.00
1,952,077.11
3,694.44

0.00 9,527.78
5,833.33
1,053.62

0.00 1,053.62
6,886.96
6,886.96
46647PBK1 JPMORGAN CHASE & CO

2.083 04/22/2026
05/31/2022
06/02/2022
1,250,000.00
1,234,229.37

0.00 0.00
1,236,081.22
7,160.31

0.00 9,330.10
2,169.79
1,851.85

0.00 1,851.85
4,021.65
4,021.65
47786WAD2 JDOT 2024-B A3 5.2
03/15/2029
06/11/2024
06/18/2024
510,000.00
509,902.83

0.00 0.00
509,904.62
1,178.67
2,210.00
1,178.67
2,210.00

1.79 0.00

1.79 2,211.79
2,211.79
47800CAC0 JDOT 2023 A3 5.01
11/15/2027
02/22/2023
03/02/2023
395,000.00
394,949.72

0.00 0.00
394,951.02
879.53
1,649.13
879.53
1,649.13

1.30 0.00

0.00 703,456.05

0.00 703,471.27

0.00 0.00
1,398.25
1,398.25

15.22 0.00

15.22 1,413.47
1,413.47
61747YET8 MORGAN STANLEY 4.679
07/17/2026
12/28/2022
12/30/2022
775,000.00
771,004.66

0.00 0.00
771,358.53
1,410.20

0.00 4,432.05
3,021.85
353.87

0.00 353.87
3,375.73
3,375.73
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
10/20/2022
10/31/2022
495,000.00
494,724.38

0.00 0.00
494,743.16
6,819.31

0.00 9,067.44
2,248.13

18.78 0.00

18.78 2,266.90
2,266.90
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029
03/27/2024
03/28/2024
1,200,000.00
1,195,062.43

0.00 0.00
1,195,155.53
153.33

0.00 4,753.33
4,600.00

93.11 0.00

93.11 4,693.11
4,693.11
713448FL7 PEPSICO INC 3.6 02/18/2028
03/27/2024
03/28/2024
1,500,000.00
1,456,923.04

0.00 0.00
1,457,953.43
24,450.00
27,000.00
1,950.00
4,500.00
1,030.39

0.00 1,030.39
5,530.39
5,530.39
713448FQ6 PEPSICO INC 4.55 02/13/2026
02/13/2023
02/15/2023
195,000.00
194,942.00

0.00 0.00
194,945.21
4,140.50
4,436.25
443.63
739.38

3.20 0.00

3.20 742.58
742.58
713448FW3 PEPSICO INC 5.125
11/10/2026
11/08/2023
11/10/2023
380,000.00
379,922.21

0.00 0.00
379,925.11
4,381.88

0.00 6,004.79
1,622.92

2.90 0.00

2.90 1,625.82
1,625.82
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028
03/30/2023
03/31/2023
1,000,000.00
998,552.29

0.00 0.00
998,587.94
2,586.11

0.00 6,669.44
4,083.33

35.65 0.00

35.65 4,118.98
4,118.98
89236THP3 TOYOTA MOTOR CREDIT
CORP 0.8 10/16/2025
11/19/2020
11/19/2020
5,000,000.00
5,006,152.34

0.00 0.00
5,005,719.87
11,666.67

0.00 15,000.00
3,333.33

0.00 0.00
469,847.73
9,922.22
11,162.50
620.14
1,860.42

8.77 0.00

8.77 1,869.19
1,869.19
912810FE3 UNITED STATES TREASURY 5.5
08/15/2028
04/29/2024
04/30/2024
2,100,000.00
2,169,372.12

0.00 0.00
2,167,914.13
53,307.69
57,750.00
5,335.60
9,777.91

0.00 (1,457.99)
(1,457.99)
8,319.92
8,319.92
9128284N7 UNITED STATES TREASURY

2.875 05/15/2028
07/31/2023
07/31/2023
2,000,000.00
1,907,758.84

0.00 0.00
1,909,826.43
12,187.50

0.00 17,031.25
4,843.75
2,067.59

0.00 2,067.59
6,911.34
6,911.34
9128285M8 UNITED STATES TREASURY

3.125 11/15/2028
12/28/2023
12/29/2023
2,000,000.00
1,942,943.03

0.00 0.00
1,944,071.79
13,247.28

0.00 18,512.23
5,264.95
1,128.76

0.00 1,128.76
6,393.71
6,393.71
91282CCZ2 UNITED STATES TREASURY

0.875 09/30/2026
09/30/2021
09/30/2021
3,000,000.00
2,991,583.81

0.00 0.00
2,991,914.06
8,821.72

0.00 11,045.08
2,223.36
330.26

0.00 330.26
2,553.62
2,553.62
91282CHA2 UNITED STATES TREASURY 3.5
04/30/2028
06/13/2024
06/14/2024
2,200,000.00
2,137,399.63

0.00 0.00
2,138,818.21
19,459.24

0.00 25,945.65
6,486.41
1,418.58

0.00 1,418.58
7,904.99
7,904.99
91282CJF9 UNITED STATES TREASURY

4.875 10/31/2028
05/28/2024
05/29/2024
2,200,000.00
2,225,585.56

0.00 0.00
2,225,074.50
27,103.94

0.00 36,138.59
9,034.65

0.00 (511.05)
(511.05)
8,523.60
8,523.60
91282CKD2 UNITED STATES TREASURY

4.25 02/28/2029
03/27/2024
03/28/2024
2,200,000.00
2,206,153.47

0.00 0.00
2,206,039.38
39,127.72

0.00 258.29
(38,869.43)

0.00 (114.09)
(114.09)
(38,983.52)
(38,983.52)
91282CKG5 UNITED STATES TREASURY

4.125 03/31/2029
05/28/2024
05/29/2024
2,200,000.00
2,162,563.15

0.00 0.00
2,163,244.62
30,497.95

0.00 38,184.43
7,686.48
681.47

4.625 04/30/2029
06/27/2024
06/28/2024
1,500,000.00
1,519,710.95

0.00 0.00
1,519,358.36
17,532.27

0.00 23,376.36
5,844.09

0.00 (352.59)
(352.59)
5,491.50
5,491.50
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029
06/13/2024
06/14/2024
2,200,000.00
2,223,927.05

0.00 0.00
2,223,506.57
16,770.49

0.00 25,155.74
8,385.25

0.00 (420.49)
(420.49)
7,964.76
7,964.76
91324PEN8 UNITEDHEALTH GROUP INC

5.15 10/15/2025
12/28/2022
12/30/2022
775,000.00
780,081.57

0.00 0.00
779,723.55
11,752.01

0.00 15,078.06
3,326.04

0.00 (358.02)
(358.02)
2,968.02
2,968.02
91324PEU2 UNITEDHEALTH GROUP INC

4.25 01/15/2029
05/28/2024
05/29/2024
1,000,000.00
968,421.42

0.00 0.00
969,022.73
1,888.89

0.00 5,430.56
3,541.67
601.31

0.00 601.31
4,142.98
4,142.98
Total Fixed Income 102,513,534.64
102,465,326.87
1,333,357.08
(1,510,051.02)
102,296,389.82
651,858.65
176,255.68
666,097.73
190,494.76
15,224.04
(7,467.15)
7,756.89
198,251.65 198,251.65
LAIF
90LAIF$00 Local Agency Investment
Fund State Pool 32,192,867.38
44,192,867.38

0.00 (12,000,000.00)
32,192,867.38

0.00 0.00

0.00 Total LAIF 32,192,867.38
44,192,867.38

0.00 (12,000,000.00)
32,192,867.38

0.00 0.00

0.00 0.00 0.00
TOTAL PORTFOLIO 152,239,525.39
155,021,973.10
11,171,813.52
(14,397,501.12)
152,022,380.57
651,858.65
176,898.49
666,097.73
191,137.57
15,224.04
(7,467.15)
7,756.89
198,894.46 198,894.46
882
CONFIDENTIAL | 23
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount SEPTEMBER 2024
09/03/2024 Dividend 0.00 170,512.95 170,512.95
09/03/2024 Dividend 31846V203 0.00 1,718.04 1,718.04
09/03/2024 Coupon 3133EPCF0 0.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 03/02/2026 45,000.00 45,000.00
09/03/2024 Coupon 91282CKD2 0.00 UNITED STATES TREASURY 4.25 02/28/2029 46,750.00 46,750.00 09/06/2024 Coupon 191216CL2 0.00 COCA-COLA CO 1.75 09/06/2024 26,250.00 26,250.00 09/06/2024 Maturity 191216CL2 (3,000,000.00) COCA-COLA CO 1.75 09/06/2024 3,000,000.00 3,000,000.00 09/09/2024 Coupon 24422EXD6 0.00 JOHN DEERE CAPITAL CORP 5.15 09/08/2026 13,003.75 13,003.75 09/10/2024 Coupon 3130ATS57 0.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 45,000.00 45,000.00 09/16/2024 Coupon 02582JJZ4 0.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 09/16/2024 Coupon 02582JKD1 0.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 09/16/2024 Coupon 05522RDJ4 0.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 09/16/2024 Coupon 06368LAQ9 0.00 BANK OF MONTREAL 4.7 09/14/2027 23,500.00 23,500.00 09/16/2024 Coupon 161571HT4 0.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 09/16/2024 Coupon 3133EPDJ1 0.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.375 09/15/2027 43,750.00 43,750.00
09/16/2024 Coupon 44934QAD3 0.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 09/16/2024 Coupon 47800CAC0 0.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 09/16/2024 Coupon 47786WAD2 0.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 09/23/2024 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 09/23/2024 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,959.08 2,959.08 09/23/2024 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 09/25/2024 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 09/25/2024 Coupon 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 279.42 279.42 09/25/2024 Principal Paydown 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 12,499.76 12,499.76 09/25/2024 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 09/25/2024 Coupon 3134GWVE3 3,075,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.4 09/25/2024 6,150.00 6,150.00
09/25/2024 Final Maturity 3134GWVE3 3,075,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.4 09/25/2024 3,075,000.00 3,075,000.00
09/30/2024 Coupon 91282CCZ2 3,000,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,125.00 13,125.00 883
CONFIDENTIAL | 24
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 09/30/2024 Coupon 91282CKG5 2,200,000.00 UNITED STATES TREASURY 4.125 03/31/2029 45,375.00 45,375.00 September 2024
Total 6,259,730.75 334,051.88 6,593,782.63
OCTOBER 2024
10/15/2024 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 10/15/2024 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 10/15/2024 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 10/15/2024 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 10/15/2024 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 10/15/2024 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 10/15/2024 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 10/15/2024 Dividend 90LAIF$00 32,192,867.38 Local Agency Investment Fund State Pool 167,520.19 167,520.19 10/15/2024 Coupon 91324PEN8 775,000.00 UNITEDHEALTH GROUP INC 5.15 10/15/2025 19,956.25 19,956.25 10/16/2024 Coupon 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 20,000.00 20,000.00 10/21/2024 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 10/21/2024 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 10/21/2024 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 10/22/2024 Coupon 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 13,018.75 13,018.75 10/25/2024 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 10/25/2024 Coupon 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 225.68 225.68 10/25/2024 Principal Paydown 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 11,741.92 11,741.92 10/25/2024 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 10/28/2024 Coupon 3134GW3Z7 8,500,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 25,500.00 25,500.00
10/29/2024 Coupon 3130AMBG6 5,000,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 18,750.00 18,750.00 10/30/2024 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount October 2024
Total 179,262.11 312,935.80 492,197.91
NOVEMBER 2024
11/08/2024 Coupon 14913Q3B3 1,250,000.00 CATERPILLAR FINANCIAL SERVICES CORP 2.15 11/08/2024 13,437.50 13,437.50
11/08/2024 Final Maturity 14913Q3B3 1,250,000.00 CATERPILLAR FINANCIAL SERVICES CORP 2.15 11/08/2024 1,250,000.00 1,250,000.00
11/12/2024 Coupon 713448FW3 380,000.00 PEPSICO INC 5.125 11/10/2026 9,737.50 9,737.50 11/15/2024 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 11/15/2024 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 11/15/2024 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 11/15/2024 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 11/15/2024 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 11/15/2024 Coupon 4581X0EK0 1,720,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.5 05/15/2026 38,700.00 38,700.00
11/15/2024 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 11/15/2024 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 11/15/2024 Coupon 9128284N7 2,000,000.00 UNITED STATES TREASURY 2.875 05/15/2028 28,750.00 28,750.00 11/15/2024 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 11/21/2024 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 11/21/2024 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 11/21/2024 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 11/25/2024 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 11/25/2024 Coupon 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 175.19 175.19 11/25/2024 Principal Paydown 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 12,416.25 12,416.25 11/25/2024 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 November 2024
Total 1,262,416.25 147,359.06 1,409,775.32
DECEMBER 2024
12/02/2024 Coupon 91282CKT7 2,200,000.00 UNITED STATES TREASURY 4.5 05/31/2029 49,500.00 49,500.00 12/06/2024 Coupon 24422EWF2 280,000.00 JOHN DEERE CAPITAL CORP 3.4 06/06/2025 4,760.00 4,760.00 12/09/2024 Coupon 3130AEB25 2,000,000.00 FEDERAL HOME LOAN BANKS 3.25 06/09/2028 32,500.00 32,500.00 12/09/2024 Coupon 3130AXQK7 2,000,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 47,500.00 47,500.00 885
CONFIDENTIAL | 26
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 12/16/2024 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 12/16/2024 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 12/16/2024 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 12/16/2024 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 12/16/2024 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 12/16/2024 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 12/16/2024 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 12/23/2024 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 12/23/2024 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 12/23/2024 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 12/23/2024 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 9,704.45 9,704.45 12/25/2024 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 12/25/2024 Coupon 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 121.80 121.80 12/25/2024 Principal Paydown 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 12,791.01 12,791.01 12/25/2024 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 12/26/2024 Coupon 437076DC3 1,250,000.00 HOME DEPOT INC 4.75 06/25/2029 29,687.50 29,687.50 December 2024
Total 22,495.46 189,378.17 211,873.63
JANUARY 2025
01/13/2025 Coupon 459058KT9 2,000,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 35,000.00 35,000.00
01/13/2025 Coupon 78016FZW7 1,000,000.00 ROYAL BANK OF CANADA 4.9 01/12/2028 24,500.00 24,500.00 01/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 01/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 01/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 01/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 01/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 01/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 01/15/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 01/15/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 13,625.40 13,625.40 01/15/2025 Coupon 91324PEU2 1,000,000.00 UNITEDHEALTH GROUP INC 4.25 01/15/2029 21,250.00 21,250.00 886
CONFIDENTIAL | 27
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 01/17/2025 Coupon 3133EPQC2 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.625 07/17/2026 46,250.00 46,250.00
01/17/2025 Coupon 61747YET8 775,000.00 MORGAN STANLEY 4.679 07/17/2026 18,131.13 18,131.13 01/21/2025 Coupon 06051GGF0 1,250,000.00 BANK OF AMERICA CORP 3.824 01/20/2028 23,900.00 23,900.00 01/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 01/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 01/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 841.24 841.24 01/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 13,557.58 13,557.58 01/27/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 01/27/2025 Coupon 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 66.79 66.79 01/27/2025 Principal Paydown 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 12,125.08 12,125.08 01/27/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 01/28/2025 Coupon 3130ANA42 4,000,000.00 FEDERAL HOME LOAN BANKS 0.65 04/28/2025 13,000.00 13,000.00 01/29/2025 Coupon 3130ANDF4 5,000,000.00 FEDERAL HOME LOAN BANKS 0.9 07/29/2026 22,500.00 22,500.00 01/31/2025 Coupon 69371RS80 1,200,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 27,600.00 27,600.00 January 2025 Total 39,308.06 257,466.04 296,774.09
FEBRUARY 2025
02/10/2025 Coupon 037833EB2 3,000,000.00 APPLE INC 0.7 02/08/2026 10,500.00 10,500.00 02/13/2025 Coupon 713448FQ6 195,000.00 PEPSICO INC 4.55 02/13/2026 4,436.25 4,436.25 02/14/2025 Coupon 532457CQ9 705,000.00 ELI LILLY AND CO 4.2 08/14/2029 14,805.00 14,805.00 02/17/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 02/17/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 02/17/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 02/17/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 02/17/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,592.24 1,592.24 02/17/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 21,034.00 21,034.00 02/18/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 02/18/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 02/18/2025 Coupon 3135GA4W8 3,950,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 02/18/2025 9,875.00 9,875.00
02/18/2025 Final Maturity 3135GA4W8 3,950,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 02/18/2025 Coupon 713448FL7 1,500,000.00 PEPSICO INC 3.6 02/18/2028 27,000.00 27,000.00 02/18/2025 Coupon 912810FE3 2,100,000.00 UNITED STATES TREASURY 5.5 08/15/2028 57,750.00 57,750.00 02/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 02/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 02/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 784.30 784.30 02/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 13,357.20 13,357.20 02/21/2025 Coupon 907818GE2 470,000.00 UNION PACIFIC CORP 4.75 02/21/2026 11,162.50 11,162.50 02/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 02/25/2025 Coupon 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 14.66 14.66 02/25/2025 Effective Maturity 05593AAC3 68,534.64 BMWLT 2023-1 A3 5.16 11/25/2025 3,408.43 3,408.43 02/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 02/26/2025 Coupon 17275RBR2 1,250,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 30,312.50 30,312.50 02/28/2025 Coupon 91282CKD2 2,200,000.00 UNITED STATES TREASURY 4.25 02/28/2029 46,750.00 46,750.00 February 2025
Total 3,987,799.63 237,760.19 4,225,559.83
MARCH 2025
03/03/2025 Coupon 3133EPCF0 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.5 03/02/2026 45,000.00 45,000.00
03/10/2025 Coupon 24422EXD6 505,000.00 JOHN DEERE CAPITAL CORP 5.15 09/08/2026 13,003.75 13,003.75 03/10/2025 Coupon 3130ATS57 2,000,000.00 FEDERAL HOME LOAN BANKS 4.5 03/10/2028 45,000.00 45,000.00 03/14/2025 Coupon 06368LAQ9 1,000,000.00 BANK OF MONTREAL 4.7 09/14/2027 23,500.00 23,500.00 03/17/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 03/17/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 03/17/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 03/17/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 03/17/2025 Coupon 3133EPDJ1 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 03/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 03/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 728.20 728.20 03/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 12,958.47 12,958.47 03/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 03/25/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 6,627.87 6,627.87 03/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 03/31/2025 Coupon 91282CCZ2 3,000,000.00 UNITED STATES TREASURY 0.875 09/30/2026 13,125.00 13,125.00 03/31/2025 Coupon 91282CKG5 2,200,000.00 UNITED STATES TREASURY 4.125 03/31/2029 45,375.00 45,375.00 March 2025 Total 38,692.46 253,764.12 292,456.58
APRIL 2025
04/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 04/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 04/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 04/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 04/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 04/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 04/15/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,424.65 1,424.65 04/15/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 23,029.51 23,029.51 04/15/2025 Coupon 91324PEN8 775,000.00 UNITEDHEALTH GROUP INC 5.15 10/15/2025 19,956.25 19,956.25 04/16/2025 Coupon 89236THP3 5,000,000.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 20,000.00 20,000.00 04/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 04/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 04/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 673.77 673.77 04/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 13,322.15 13,322.15 04/22/2025 Coupon 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 13,018.75 13,018.75 04/22/2025 Effective Maturity 46647PBK1 1,250,000.00 JPMORGAN CHASE & CO 2.083 04/22/2026 1,250,000.00 1,250,000.00 04/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 835.87 835.87 04/25/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 11,354.40 11,354.40 04/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 04/28/2025 Coupon 3130ANA42 4,000,000.00 FEDERAL HOME LOAN BANKS 0.65 04/28/2025 6,500.00 6,500.00 04/28/2025 Final Maturity 3130ANA42 4,000,000.00 FEDERAL HOME LOAN BANKS 0.65 04/28/2025 4,000,000.00 4,000,000.00 889
CONFIDENTIAL | 30
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 04/28/2025 Coupon 3134GW3Z7 8,500,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 25,500.00 25,500.00
04/29/2025 Coupon 3130AMBG6 5,000,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 18,750.00 18,750.00 04/29/2025 Final Maturity 3130AMBG6 5,000,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 5,000,000.00 5,000,000.00 04/30/2025 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.75 04/30/2029 49,875.00 49,875.00
04/30/2025 Coupon 63743HFF4 495,000.00 NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP 5.45 10/30/2025 13,488.75 13,488.75
04/30/2025 Coupon 91282CHA2 2,200,000.00 UNITED STATES TREASURY 3.5 04/30/2028 38,500.00 38,500.00 04/30/2025 Coupon 91282CJF9 2,200,000.00 UNITED STATES TREASURY 4.875 10/31/2028 53,625.00 53,625.00 04/30/2025 Coupon 91282CKP5 1,500,000.00 UNITED STATES TREASURY 4.625 04/30/2029 34,687.50 34,687.50 April 2025 Total 10,297,706.06 318,747.22 10,616,453.27 MAY 2025
05/12/2025 Coupon 713448FW3 380,000.00 PEPSICO INC 5.125 11/10/2026 9,737.50 9,737.50 05/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 05/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 05/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 05/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 05/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 05/15/2025 Coupon 4581X0EK0 1,720,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.5 05/15/2026 38,700.00 38,700.00
05/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 05/15/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,328.51 1,328.51 05/15/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 22,241.97 22,241.97 05/15/2025 Coupon 9128284N7 2,000,000.00 UNITED STATES TREASURY 2.875 05/15/2028 28,750.00 28,750.00 05/15/2025 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 05/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 05/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 05/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 617.82 617.82 05/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 12,820.83 12,820.83 05/26/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 784.11 784.11 05/26/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 10,769.35 10,769.35 890
CONFIDENTIAL | 31
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 05/26/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 May 2025 Total 45,832.14 133,079.61 178,911.75
JUNE 2025
06/02/2025 Coupon 91282CKT7 2,200,000.00 UNITED STATES TREASURY 4.5 05/31/2029 49,500.00 49,500.00 06/06/2025 Coupon 24422EWF2 280,000.00 JOHN DEERE CAPITAL CORP 3.4 06/06/2025 4,760.00 4,760.00 06/06/2025 Final Maturity 24422EWF2 280,000.00 JOHN DEERE CAPITAL CORP 3.4 06/06/2025 280,000.00 280,000.00 06/09/2025 Coupon 3130AEB25 2,000,000.00 FEDERAL HOME LOAN BANKS 3.25 06/09/2028 32,500.00 32,500.00 06/09/2025 Coupon 3130AXQK7 2,000,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 47,500.00 47,500.00 06/16/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 06/16/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 06/16/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 06/16/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 06/16/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 06/16/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 06/16/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,235.65 1,235.65 06/16/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 20,015.35 20,015.35 06/23/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 06/23/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 06/23/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 563.97 563.97 06/23/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 12,571.98 12,571.98 06/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 735.02 735.02 06/25/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 10,565.65 10,565.65 06/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 06/25/2025 Coupon 437076DC3 1,250,000.00 HOME DEPOT INC 4.75 06/25/2029 29,687.50 29,687.50 June 2025 Total 323,152.98 188,393.81 511,546.79
JULY 2025
07/14/2025 Coupon 459058KT9 2,000,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 35,000.00 35,000.00
07/14/2025 Coupon 78016FZW7 1,000,000.00 ROYAL BANK OF CANADA 4.9 01/12/2028 24,500.00 24,500.00 07/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 07/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 07/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 891
CONFIDENTIAL | 32
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 07/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 07/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 07/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 07/15/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,152.08 1,152.08 07/15/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 20,564.33 20,564.33 07/15/2025 Coupon 91324PEU2 1,000,000.00 UNITEDHEALTH GROUP INC 4.25 01/15/2029 21,250.00 21,250.00 07/17/2025 Coupon 3133EPQC2 2,000,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

4.625 07/17/2026 46,250.00 46,250.00
07/17/2025 Coupon 61747YET8 775,000.00 MORGAN STANLEY 4.679 07/17/2026 18,131.13 18,131.13 07/17/2025 Effective Maturity 61747YET8 775,000.00 MORGAN STANLEY 4.679 07/17/2026 775,000.00 775,000.00 07/21/2025 Coupon 06051GGF0 1,250,000.00 BANK OF AMERICA CORP 3.824 01/20/2028 23,900.00 23,900.00 07/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 07/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 07/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 511.17 511.17 07/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 12,317.33 12,317.33 07/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 686.86 686.86 07/25/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 10,353.75 10,353.75 07/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 07/29/2025 Coupon 3130ANDF4 5,000,000.00 FEDERAL HOME LOAN BANKS 0.9 07/29/2026 22,500.00 22,500.00 07/31/2025 Coupon 69371RS80 1,200,000.00 PACCAR FINANCIAL CORP 4.6 01/31/2029 27,600.00 27,600.00 July 2025 Total 818,235.40 243,392.91 1,061,628.31
Grand Total 276,250,283.10 23,274,631.31 2,616,328.80 25,890,960.11 892
CONFIDENTIAL | 33
City of Orange Cons | Account #10897 | As of August 31, 2024 Execution Time: 09/19/2024 08:40:11 AM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

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

Ratings: Ratings information have been provided by Moody’s, 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.

MONTHLY ACCOUNT STATEMENT
City of Orange Cons | Account #10897 | As of September 30, 2024 CHANDLER ASSET MANAGEMENT | chandlerasset.com
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 at the end of the statement.

Chandler Team:

For questions about your account, please call (800) 317-4747, or contact [email protected]
Custodian:
894
CONFIDENTIAL | 2
City of Orange Cons | Account #10897 | As of September 30, 2024 Execution Time: 10/28/2024 12:01:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

PORTFOLIO SUMMARY
Portfolio Characteristics
Sector Allocation
Account Summary
Maturity Distribution
Top Issuers
Credit Quality
Average Modified Duration 1.65
Average Coupon 2.89%
Average Purchase YTM 2.93%
Average Market YTM 3.56%
Average Quality AA
Average Final Maturity 1.91
Average Life 1.68
Beg. Values as of
09/01/2024
End Values as of
09/30/2024
Market Value 151,422,421.84 143,879,773.17
Accrued Interest 666,097.73 665,043.10
Total Market Value 152,088,519.57 144,544,816.27
Income Earned 198,894.46 291,865.05
Cont/WD (3,386,982.96) (8,484,584.12)
Par 152,239,525.39 144,011,834.58
Book Value 152,022,380.57 143,908,156.62
Cost Value 151,913,242.69 143,828,423.84
United States 18.03%
LAIF 15.42%
Federal Home Loan Banks 13.68%
Wells Fargo & Company 12.67%
Farm Credit System 5.76%
FHLMC 5.70%
Toyota Motor Corporation 3.35%
FNMA 2.70%
*See Footnote
The credit quality is a weighted average calculation of the highest of S&P, Moody’s’ and Fitch 895
CONFIDENTIAL | 3
City of Orange Cons | Account #10897 | As of September 30, 2024 Execution Time: 10/28/2024 12:01:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes

AGENCY MORTGAGE SECURITIES (CMOS)
Max % (BV; ABS, CMO & MBS) 20.0 4.2 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

ASSET-BACKED SECURITIES (ABS)
Max % (BV) 20.0 4.2 Compliant
Max % Issuer (BV) 5.0 0.7 Compliant
Max Maturity (Years)54 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

COMMERCIAL PAPER
Max % (BV) 40.0 0.0 Compliant
Max % Issuer (MV) 5.0 0.0 Compliant
Max Maturity (Days) 270 0.0 Compliant
Min Rating (A-1 by 1 or A- by 1) 0.0 0.0 Compliant

CORPORATE MEDIUM TERM NOTES
Max % (BV) 30.0 18.8 Compliant
Max % Issuer (BV) 5.0 3.5 Compliant
Max Maturity (Years)54 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

FEDERAL AGENCIES
Max % (MV) 75.0 27.8 Compliant
Max % Issuer (MV) 30.0 13.7 Compliant
Max Callables (MV) 20.0 17.8 Compliant
Max Maturity (Years)54 Compliant

LOCAL AGENCY INVESTMENT FUND (LAIF)
Max Concentration (MV) 75.0 22.2 Compliant

LOCAL GOVERNMENT INVESTMENT POOL (LGIP)
Max % (MV) 100.0 0.0 Compliant

MONEY MARKET MUTUAL FUNDS
Max % (MV) 20.0 0.1 Compliant
Max % Issuer (BV) 20.0 0.1 Compliant
Min Rating (AAA by 2) 0.0 0.0 Compliant

STATEMENT OF COMPLIANCE
Rules Name Limit Actual Compliance
Status Notes
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5.0 0.0 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, LOCAL AGENCY)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

MUNICIPAL SECURITIES (CA, OTHER STATES)
Max % (BV) 20.0 0.0 Compliant
Max % Issuer (BV) 5.0 0.0 Compliant
Max Maturity (Years) 5 0.0 Compliant
Min Rating (A- by 1) 0.0 0.0 Compliant

SUPRANATIONAL OBLIGATIONS
Max % (MV) 30.0 2.6 Compliant
Max % Issuer (BV) 10.0 1.4 Compliant
Max Maturity (Years) 5 3 Compliant
Min Rating (AA- by 1) 0.0 0.0 Compliant
U.S. TREASURIES
Max % (MV) 100.0 18.0 Compliant
Max Maturity (Years) 5 4 Compliant
897
CONFIDENTIAL | 5
City of Orange Cons | Account #10897 | As of September 30, 2024 Execution Time: 10/28/2024 12:01:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

RECONCILIATION SUMMARY
Accrual Activity Summary
Fair Market Activity Summary
Month to Date Fiscal Year to Date
(01/01/2024)
Beginning Book Value 152,022,380.57 163,933,768.11
Maturities/Calls (6,075,000.00) (29,140,000.00)
Principal Paydowns (9,938.25) (261,403.60)
Purchases 14,568,902.08 106,867,403.29
Sales (16,689,415.68) (97,916,393.12)
Change in Cash, Payables, Receivables 84,460.26 470,309.87 Amortization/Accretion 6,767.64 60,614.43
Realized Gain (Loss) 0.00 (106,142.37)
Ending Book Value 143,908,156.62 143,908,156.62
Month to Date Fiscal Year to Date
(01/01/2024)
Beginning Market Value 151,422,421.84 161,007,324.31
Maturities/Calls (6,075,000.00) (29,140,000.00)
Principal Paydowns (9,938.25) (261,403.60)
Purchases 14,568,902.08 106,867,403.29
Sales (16,689,415.68) (97,916,393.12)
Change in Cash, Payables, Receivables 84,460.26 470,309.87 Amortization/Accretion 6,767.64 60,614.43
Change in Net Unrealized Gain (Loss) 571,575.28 2,898,060.35 Realized Gain (Loss) 0.00 (106,142.37)
Ending Market Value 143,879,773.17 143,879,773.17
Maturities / Calls
Month to Date (6,075,000.00)
Fiscal Year to Date (29,140,000.00)
Principal Paydowns
Month to Date (9,938.25)
Fiscal Year to Date (261,403.60)
Purchases
Month to Date 14,568,902.08
Fiscal Year to Date 106,867,403.29
Sales
Month to Date (16,689,415.68)
Fiscal Year to Date (97,916,393.12)
Interest Received
Month to Date 362,412.87
Fiscal Year to Date 3,165,642.37
Purchased / Sold Interest
Month to Date (76,260.83)
Fiscal Year to Date (202,003.57)
898
CONFIDENTIAL | 6
City of Orange Cons | Account #10897 | As of September 30, 2024 Execution Time: 10/28/2024 12:01:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
ABS
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025 58,596.39 02/07/20235.43%
58,595.00
58,595.82
100.08

4.88%
58,644.75

50.39 0.04%

48.94 Aaa/AAA
NA

1.15 0.25
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027 210,000.00 02/16/20235.09%
209,960.98
209,976.03
100.51

4.49%
211,061.80
294.00

0.15%
1,085.77
Aaa/NA
AAA

2.56 0.84
47800CAC0 JDOT 2023 A3 5.01 11/15/2027 395,000.00 02/22/2023

3.39%
394,928.03
394,952.27
100.69

4.46%
397,709.31
879.53

0.28%
2,757.03
Aaa/NA
AAA

3.13 1.14
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028 190,000.00 07/11/20235.47%
189,966.33
189,975.15
101.24

4.43%
192,355.07
173.22

0.13%
2,379.92
NA/AAA
AAA

3.41 1.12
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026 350,000.00 06/07/20234.87%
349,968.96
349,977.78
101.19

4.14%
354,181.70
757.56

0.25%
4,203.92
NA/AAA
AAA

1.62 1.53
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028 330,000.00 11/01/20235.74%
329,941.89
329,953.19
102.32

4.18%
337,667.65
519.75

0.23%
7,714.46
Aaa/NA
AAA

3.73 1.47
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028 1,055,000.00 09/12/20235.29%
1,054,952.84
1,054,962.62
102.30

4.04%
1,079,264.79
2,452.29

0.75%
24,302.17
NA/AAA
AAA

3.96 1.82
161571HT4 CHAIT 2023-1 A 5.16 09/15/2028 1,060,000.00 09/07/2023

5.17%
1,059,706.17
1,059,767.61
102.17

4.04%
1,083,006.66
2,430.93

0.75%
23,239.06
NR/AAA
AAA

3.96 1.82
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029 450,000.00 06/04/20245.24%
449,931.65
449,936.10
102.19

4.05%
459,865.22
388.50

0.32%
9,929.12
Aaa/AAA
NA

4.41 1.84
44934QAD3 HART 2024-B A3 4.84
03/15/2029 285,000.00 07/16/20244.90%
284,956.99
284,958.74
101.71

4.12%
289,862.21
613.07

0.20%
4,903.47
NA/AAA
AAA

4.45 2.19
47786WAD2 JDOT 2024-B A3 5.2 03/15/2029 510,000.00 06/11/2024

5.26%
509,900.30
509,906.35
102.53

4.20%
522,900.81
1,178.67

0.36%
12,994.46
Aaa/NA
AAA

4.45 2.36
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029 630,000.00 08/09/20244.62%
629,901.03
629,903.46
100.97

4.15%
636,085.30
799.75

0.44%
6,181.84
Aaa/NA
AAA

4.47 2.07
05522RDJ4 BACCT 2024-1 A 4.93
03/15/2029 505,000.00 06/06/20244.93%
504,971.67
504,973.47
102.32

4.03%
516,721.20
1,106.51

0.36%
11,747.74
Aaa/AAA
NA

4.45 2.41
Total ABS 6,028,596.39 5.02%
6,027,681.84
6,027,838.56
101.84

4.14%
6,139,326.46
11,644.17

4.27%
111,487.90
Aaa/AAA
AAA

3.86 1.81
AGENCY
3135GA4W8 FEDERAL NATIONAL MORTGAGE
ASSOCIATION 0.5 02/18/2025 3,950,000.00 11/20/20200.50% 3,950,000.00
3,950,000.00

98.45 4.65%
3,888,592.47
2,359.03

2.70%
(61,407.53)
Aaa/AA+
AA+

0.39 0.37
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025 4,000,000.00 07/28/20210.65%
4,000,000.00
4,000,000.00

97.87 4.44%
3,914,920.68
4,550.00

2.72%
(85,079.32)
Aaa/AA+
AA+

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025 5,000,000.00 05/04/20210.75%
5,000,000.00
5,000,000.00

97.92 4.44%
4,895,936.50
15,833.33

3.40%
(104,063.50)
Aaa/AA+
AA+

0.58 0.56
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
8,500,000.00 10/28/2020

0.60%
8,500,000.00
8,500,000.00

96.45 4.01%
8,198,187.19
21,675.00

5.70%
(301,812.82)
Aaa/AA+
AA+

1.08 1.05
3133EPCF0 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.5 03/02/2026 2,000,000.00 03/27/20234.01% 2,026,680.00
2,012,891.18
100.87

3.87%
2,017,308.42
7,250.00

1.40%
4,417.24
Aaa/AA+
AA+

1.42 1.36
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
2,000,000.00 07/28/2023

4.66%
1,998,260.00
1,998,948.28
101.57

3.71%
2,031,359.54
19,013.89

1.41%
32,411.26
Aaa/AA+
AA+

1.79 1.70
3130ANDF4 FEDERAL HOME LOAN BANKS 0.9
07/29/2026 5,000,000.00 07/29/20210.90%
5,010,000.00
5,000,000.00

94.84 3.85%
4,742,244.10
7,750.00

3.30%
(257,755.90)
Aaa/AA+
AA+

1.83 1.78
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
2,000,000.00 03/27/2023

3.81%
2,045,720.00
2,030,227.87
102.02

3.65%
2,040,430.54
3,888.89

1.42%
10,202.67
Aaa/AA+
AA+

2.96 2.75
3130ATS57 FEDERAL HOME LOAN BANKS 4.5
03/10/2028 2,000,000.00 03/27/20233.82%
2,060,420.00
2,041,949.98
102.91

3.59%
2,058,249.10
5,250.00

1.43%
16,299.12
Aaa/AA+
AA+

3.44 3.17
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028 2,000,000.00 07/24/20234.15%
1,921,180.00
1,940,387.12

98.89 3.57%
1,977,743.46
20,222.22

1.37%
37,356.34
Aaa/AA+
AA+

3.69 3.41
3130AXQK7 FEDERAL HOME LOAN BANKS

4.75 12/08/2028 2,000,000.00 01/29/20244.05%
2,060,660.00
2,052,282.49
104.35

3.62%
2,086,919.50
29,819.44

1.45%
34,637.01
Aaa/AA+
AA+

4.19 3.73
3133ERDH1 FEDERAL FARM CREDIT BANKS
FUNDING CORP 4.75 04/30/2029 2,100,000.00 04/29/20244.70% 2,104,263.00
2,103,903.47
104.80

3.60%
2,200,784.84
41,839.58

1.53%
96,881.37
Aaa/AA+
AA+

4.58 4.03
Total Agency 40,550,000.00 1.94%
40,677,183.00
40,630,590.39

98.86 4.02%
40,052,676.33
179,451.39

27.84%
(577,914.06)
Aaa/AA+
AA+

1.74 1.63
CASH
CCYUSD Receivable 675.47 --

0.00%
675.47
675.47

1.00 0.00%
675.47

0.00 0.00%

0.00 Aaa/AAA
AAA

0.00 0.00
CCYUSD Receivable 11,119.45 --

0.00%
11,119.45
11,119.45

1.00 0.00%
11,119.45

0.00 0.01%

0.00 Aaa/AAA
AAA

0.00 0.00
999WEL$12 Wells Fargo General 314,102.00 --

5.17%
314,102.00
314,102.00

1.00 5.17%
314,102.00

0.00 0.22%

0.00 NA/NA
NA

0.00 0.00
CCYUSD Receivable 459,166.52 --

0.00%
459,166.52
459,166.52

1.00 0.00%
459,166.52

0.00 0.32%

0.00 Aaa/AAA
AAA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
999WEL$14 Wells Fargo 490,885.32 --

0.00%
490,885.32
490,885.32

1.00 0.00%
490,885.32

0.00 0.34%

0.00 NA/NA
NA

0.00 0.00
999WEL$15 Wells Fargo 17,419,846.51 --

0.00%
17,419,846.51
17,419,846.51

1.00 0.00%
17,419,846.51

0.00 12.11%

0.00 NA/NA
NA

0.00 0.00
Total Cash 18,695,795.27 0.09%
18,695,795.27
18,695,795.27

1.00 0.09%
18,695,795.27

0.00 12.99%

0.00 Aaa/AAA
AAA

0.00 0.00

CORPORATE
14913Q3B3 CATERPILLAR FINANCIAL
SERVICES CORP 2.15 11/08/2024 1,250,000.00 05/31/20222.86% 1,229,100.00
1,249,107.64

99.69 5.09%
1,246,185.23
10,675.35

0.87%
(2,922.42)
A2/A
A+

0.11 0.10
24422EWF2 JOHN DEERE CAPITAL CORP 3.4
06/06/2025 280,000.00 06/01/20223.41%
279,935.60
279,985.43

99.29 4.46%
278,025.99
3,041.11

0.19%
(1,959.43)
A1/A
A+

0.68 0.66
91324PEN8 UNITEDHEALTH GROUP INC 5.15
10/15/2025 775,000.00 12/28/20224.56%
786,780.00
779,377.08
101.02

4.14%
782,899.47
18,404.10

0.54%
3,522.39
A2/A+
A

1.04 0.98
89236THP3 TOYOTA MOTOR CREDIT CORP

0.8 10/16/2025 5,000,000.00 11/19/20200.70%
5,025,000.00
5,005,301.34

96.54 4.23%
4,827,107.35
18,333.33

3.35%
(178,193.99)
A1/A+
A+

1.04 1.01
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
495,000.00 10/20/2022

5.50%
494,336.70
494,761.33
101.30

4.21%
501,416.13
11,315.56

0.35%
6,654.79
A2/AA1.08

1.02 037833EB2 APPLE INC 0.7 02/08/2026 3,000,000.00 02/08/2021

0.70%
2,999,730.00
2,999,926.81

95.87 3.87%
2,875,979.01
3,091.67

2.00%
(123,947.80)
Aaa/AA+
NA

1.36 1.32
713448FQ6 PEPSICO INC 4.55 02/13/2026 195,000.00 02/13/2023

4.57%
194,886.90
194,948.31
100.80

3.94%
196,554.58
1,183.00

0.14%
1,606.27
A1/A+
NA

1.37 1.23
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026 470,000.00 02/13/20234.77%
469,689.80
469,856.22
100.75

4.18%
473,535.26
2,480.56

0.33%
3,679.04
A3/AA1.39

1.25 46647PBK1 JPMORGAN CHASE & CO 2.083
04/22/2026 1,250,000.00 05/31/20223.92%
1,190,825.00
1,237,873.34

98.40 6.11%
1,230,054.61
11,499.90

0.85%
(7,818.73)
A1/AAA1.56

0.54 61747YET8 MORGAN STANLEY 4.679
07/17/2026 775,000.00 12/28/20225.26%
764,390.25
771,700.99

99.86 5.78%
773,907.16
7,453.91

0.54%
2,206.17
A1/AA+1.79

0.76 24422EXD6 JOHN DEERE CAPITAL CORP 5.15
09/08/2026 505,000.00 09/05/20235.18%
504,641.45
504,768.71
102.34

3.88%
516,821.77
1,661.59

0.36%
12,053.06
A1/A
A+

1.94 1.83
713448FW3 PEPSICO INC 5.125 11/10/2026 380,000.00 11/08/2023

5.13%
379,897.40
379,927.92
102.56

3.85%
389,736.72
7,627.71

0.27%
9,808.81
A1/A+
NA

2.11 1.88
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027 1,000,000.00 03/30/20234.91%
991,550.00
994,404.73
101.73

4.07%
1,017,331.41
2,219.44

0.71%
22,926.68
A2/AAA2.96

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
78016FZW7 ROYAL BANK OF CANADA 4.9
01/12/2028 1,000,000.00 03/30/20234.95%
997,990.00
998,622.44
102.37

4.12%
1,023,749.14
10,752.78

0.71%
25,126.70
A1/A
AA3.282.98
06051GGF0 BANK OF AMERICA CORP 3.824
01/20/2028 1,250,000.00 06/27/20245.30%
1,206,175.00
1,210,623.05

98.92 4.94%
1,236,475.43
9,427.22

0.86%
25,852.37
A1/AAA3.31

2.16 713448FL7 PEPSICO INC 3.6 02/18/2028 1,500,000.00 03/27/2024

4.49%
1,452,735.00
1,458,950.58

99.33 3.81%
1,490,000.94
6,450.00

1.04%
31,050.36
A1/A+
NA

3.39 3.14
58933YBH7 MERCK & CO INC 4.05
05/17/2028 1,250,000.00 09/26/20243.76%
1,261,775.00
1,261,738.71
100.84

3.80%
1,260,522.01
18,843.75

0.88%
(1,216.70)
A1/A+
NA

3.63 3.23
91324PEU2 UNITEDHEALTH GROUP INC 4.25
01/15/2029 1,000,000.00 05/28/20245.05%
967,180.00
969,604.65
100.86

4.03%
1,008,613.99
8,972.22

0.70%
39,009.34
A2/A+
A

4.29 3.79
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029 1,200,000.00 03/27/20244.70%
1,194,684.00
1,195,245.63
102.54

3.95%
1,230,499.15
9,353.33

0.86%
35,253.52
A1/A+
NA

4.34 3.88
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029 1,250,000.00 02/27/20244.84%
1,250,650.00
1,250,572.06
103.42

3.99%
1,292,729.03
5,894.10

0.90%
42,156.97
A1/AANA4.41

3.86 437076DC3 HOME DEPOT INC 4.75
06/25/2029 1,250,000.00 06/27/20244.82%
1,245,987.50
1,246,196.60
103.07

4.03%
1,288,390.53
15,833.33

0.90%
42,193.93
A2/A
A

4.73 4.10
532457CQ9 ELI LILLY AND CO 4.2 08/14/2029 705,000.00 08/12/2024

4.25%
703,456.05
703,496.64
100.96

3.98%
711,752.79
3,865.75

0.49%
8,256.16
A1/A+
NA

4.87 4.28
171239AL0 CHUBB INA HOLDINGS LLC 4.65
08/15/2029 1,250,000.00 09/26/20244.08%
1,280,725.00
1,280,654.85
102.32

4.12%
1,279,038.74
9,848.96

0.89%
(1,616.11)
A3/A
A

4.87 4.24
Total Corporate 27,030,000.00 3.44%
26,872,120.65
26,937,645.05

99.70 4.27%
26,931,326.44
198,228.66

18.72%
(6,318.61)
A1/A+
A+

2.52 2.17
LAIF
90LAIF$00 Local Agency Investment Fund
State Pool 22,192,867.38 --4.57%
22,192,867.38
22,192,867.38

1.00 4.57%
22,192,867.38

0.00 15.42%

0.00 NA/NA
NA

0.00 0.00
Total LAIF 22,192,867.38 4.57%
22,192,867.38
22,192,867.38

1.00 4.57%
22,192,867.38

0.00 15.42%

0.00 NA/NA
NA

0.00 0.00

MONEY MARKET
FUND
31846V203 FIRST AMER:GVT OBLG Y 194,575.54 --

4.54%
194,575.54
194,575.54

1.00 4.54%
194,575.54

0.00 0.14%

0.00 Aaa/
AAAm
AAA

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
Total Money
Market Fund 194,575.54 4.54%
194,575.54
194,575.54

1.00 4.54%
194,575.54

0.00 0.14%

0.00 Aaa/
AAAm
AAA

0.00 0.00

SUPRANATIONAL
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
1,720,000.00 06/27/2023

4.53%
1,718,675.60
1,719,250.27
101.03

3.84%
1,737,724.82
29,240.00

1.21%
18,474.56
Aaa/AAA
NA

1.62 1.53
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
2,000,000.00 07/24/2023

4.19%
1,938,380.00
1,953,096.75

99.62 3.61%
1,992,371.58
15,361.11

1.38%
39,274.83
Aaa/AAA
NA

3.78 3.48
Total
Supranational 3,720,000.00 4.35%
3,657,055.60
3,672,347.01
100.28

3.71%
3,730,096.40
44,601.11

2.59%
57,749.39
Aaa/AAA
NA

2.78 2.57

US TREASURY
91282CCZ2 UNITED STATES TREASURY 0.875
09/30/2026 3,000,000.00 09/30/20211.01%
2,980,546.88
2,992,233.67

94.73 3.64%
2,841,796.86

72.12 1.98%
(150,436.81)
Aaa/AA+
AA+

2.00 1.95
91282CGT2 UNITED STATES TREASURY 3.625
03/31/2028 1,500,000.00 09/26/20243.56%
1,503,398.44
1,503,387.83
100.20

3.56%
1,503,046.88
149.38

1.04%
(340.95)
Aaa/AA+
AA+

3.50 3.26
91282CHA2 UNITED STATES TREASURY 3.5
04/30/2028 2,200,000.00 06/13/20244.33%
2,135,203.13
2,140,191.02

99.75 3.57%
2,194,585.93
32,222.83

1.53%
54,394.91
Aaa/AA+
AA+

3.58 3.29
9128284N7 UNITED STATES TREASURY 2.875
05/15/2028 2,000,000.00 07/31/20234.23%
1,883,281.25
1,911,827.32

97.61 3.58%
1,952,265.62
21,718.75

1.36%
40,438.30
Aaa/AA+
AA+

3.62 3.37
912810FE3 UNITED STATES TREASURY 5.5
08/15/2028 2,100,000.00 04/29/20244.59%
2,173,746.09
2,166,503.17
107.30

3.47%
2,253,398.45
14,751.36

1.57%
86,895.28
Aaa/AA+
AA+

3.88 3.47
91282CJF9 UNITED STATES TREASURY 4.875
10/31/2028 2,200,000.00 05/28/20244.57%
2,226,640.63
2,224,579.94
104.88

3.58%
2,307,421.86
44,881.79

1.60%
82,841.93
Aaa/AA+
AA+

4.08 3.62
9128285M8 UNITED STATES TREASURY 3.125
11/15/2028 2,000,000.00 12/28/20233.86%
1,935,078.13
1,945,164.14

98.26 3.58%
1,965,156.24
23,607.34

1.37%
19,992.10
Aaa/AA+
AA+

4.13 3.78
91282CKD2 UNITED STATES TREASURY 4.25
02/28/2029 2,200,000.00 03/27/20244.18%
2,206,617.19
2,205,928.97
102.78

3.56%
2,261,101.57
8,006.91

1.57%
55,172.60
Aaa/AA+
AA+

4.41 3.99
91282CKG5 UNITED STATES TREASURY 4.125
03/31/2029 2,200,000.00 05/28/20244.53%
2,161,156.25
2,163,904.11
102.27

3.57%
2,249,929.68
249.31

1.56%
86,025.57
Aaa/AA+
AA+

4.50 4.08
91282CKP5 UNITED STATES TREASURY 4.625
04/30/2029 2,000,000.00 --4.13%
2,042,382.82
2,041,249.11
104.42

3.57%
2,088,437.50
38,709.24

1.45%
47,188.39
Aaa/AA+
AA+

HOLDINGS REPORT
Cusip Security Description Par Value/
Units
Purchase Date
Purchase Yield
Cost Value
Book Value
Mkt Price
Mkt YTM
Market Value
Accrued Int.
% of Port.

Gain/Loss
Moody's/
S&P/
Fitch
Maturity
Duration
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029 2,200,000.00 06/13/20244.25%
2,224,578.13
2,223,099.64
104.00

3.56%
2,288,000.00
33,270.49

1.59%
64,900.36
Aaa/AA+
AA+

4.67 4.13
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029 2,000,000.00 09/26/20243.56%
2,038,515.62
2,038,428.48
101.90

3.57%
2,037,968.76
13,478.26

1.42%
(459.72)
Aaa/AA+
AA+

4.83 4.34
Total US Treasury 25,600,000.00 3.84%
25,511,144.56
25,556,497.41
101.47

3.57%
25,943,109.35
231,117.77

18.03%
386,611.94
Aaa/AA+
AA+

3.94 3.58
Total Portfolio 144,011,834.58 2.93%
143,828,423.84
143,908,156.62

71.71 3.56%
143,879,773.17
665,043.10
100.00%
(28,383.45)
Aa2/AAAA1.91

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss

ACQUISITIONS
Purchase 09/03/2024 31846V203 91,750.00 FIRST AMER:GVT OBLG Y 1.000 4.90% (91,750.00) 0.00 (91,750.00) 0.00 Purchase 09/04/2024 31846V203 1,718.04 FIRST AMER:GVT OBLG Y 1.000 4.89% (1,718.04) 0.00 (1,718.04) 0.00 Purchase 09/06/2024 31846V203 3,026,250.00 FIRST AMER:GVT OBLG Y 1.000 4.89% (3,026,250.00) 0.00 (3,026,250.00) 0.00 Purchase 09/09/2024 31846V203 13,003.75 FIRST AMER:GVT OBLG Y 1.000 4.89% (13,003.75) 0.00 (13,003.75) 0.00 Purchase 09/10/2024 31846V203 45,000.00 FIRST AMER:GVT OBLG Y 1.000 4.88% (45,000.00) 0.00 (45,000.00) 0.00 Purchase 09/16/2024 31846V203 9,837.55 FIRST AMER:GVT OBLG Y 1.000 4.88% (9,837.55) 0.00 (9,837.55) 0.00 Purchase 09/16/2024 31846V203 75,072.25 FIRST AMER:GVT OBLG Y 1.000 4.88% (75,072.25) 0.00 (75,072.25) 0.00 Purchase 09/23/2024 31846V203 4,966.78 FIRST AMER:GVT OBLG Y 1.000 4.52% (4,966.78) 0.00 (4,966.78) 0.00 Purchase 09/25/2024 31846V203 3,090,692.53 FIRST AMER:GVT OBLG Y 1.000 4.52% (3,090,692.53) 0.00 (3,090,692.53) 0.00 Purchase 09/25/2024 31846V203 2,808.58 FIRST AMER:GVT OBLG Y 1.000 4.52% (2,808.58) 0.00 (2,808.58) 0.00 Purchase 09/27/2024 91282CGT2 1,500,000.00 UNITED STATES TREASURY

3.625 03/31/2028 100.227 3.56% (1,503,398.44) (26,741.80) (1,530,140.24) 0.00 Purchase 09/27/2024 91282CLC3 2,000,000.00 UNITED STATES TREASURY

4.0 07/31/2029 101.926 3.56% (2,038,515.62) (12,608.70) (2,051,124.32) 0.00 Purchase 09/27/2024 91282CKP5 500,000.00 UNITED STATES TREASURY

4.625 04/30/2029 104.457 3.56% (522,285.16) (9,425.95) (531,711.11) 0.00 Purchase 09/27/2024 58933YBH7 1,250,000.00 MERCK & CO INC 4.05 05/17/2028 100.942 3.76% (1,261,775.00) (18,281.25) (1,280,056.25) 0.00 Purchase 09/27/2024 171239AL0 1,250,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 102.458 4.08% (1,280,725.00) (9,203.13) (1,289,928.13) 0.00 Purchase 09/30/2024 999WEL$14 9,337.81 Wells Fargo 1.000 0.00% (9,337.81) 0.00 (9,337.81) 0.00 Purchase 09/30/2024 999WEL$15 1,344,637.07 Wells Fargo 1.000 0.00% (1,344,637.07) 0.00 (1,344,637.07) 0.00 Purchase 09/30/2024 999WEL$12 161,441.00 Wells Fargo General 1.000 0.00% (161,441.00) 0.00 (161,441.00) 0.00 Purchase 09/30/2024 31846V203 85,687.50 FIRST AMER:GVT OBLG Y 1.000 4.51% (85,687.50) 0.00 (85,687.50) 0.00 Total Purchase 14,462,202.86 (14,568,902.08) (76,260.83) (14,645,162.91) 0.00 TOTAL
ACQUISITIONS 14,462,202.86 (14,568,902.08) (76,260.83) (14,645,162.91) 0.00 OTHER
Maturity 09/06/2024 191216CL2 (3,000,000.00) COCA-COLA CO 1.75 09/06/2024 100.000 1.75% 3,000,000.00 0.00 3,000,000.00 0.00 905
CONFIDENTIAL | 13
City of Orange Cons | Account #10897 | As of September 30, 2024 Execution Time: 10/28/2024 12:01:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss Maturity 09/25/2024 3134GWVE3 (3,075,000.00)

FEDERAL HOME LOAN
MORTGAGE CORP 0.4
09/25/2024
100.000 0.40% 3,075,000.00 0.00 3,075,000.00 0.00
Total Maturity (6,075,000.00) 6,075,000.00 0.00 6,075,000.00 0.00 Sale 09/17/2024 31846V203 (6,329.35) FIRST AMER:GVT OBLG Y 1.000 4.88% 6,329.35 0.00 6,329.35 0.00 Sale 09/27/2024 31846V203 (6,682,960.05) FIRST AMER:GVT OBLG Y 1.000 4.51% 6,682,960.05 0.00 6,682,960.05 0.00 Sale 09/27/2024 31846V203 (126.28) FIRST AMER:GVT OBLG Y 1.000 4.51% 126.28 0.00 126.28 0.00 Sale 09/30/2024 90LAIF$00 (10,000,000.00) Local Agency Investment Fund State Pool 1.000 4.57% 10,000,000.00 0.00 10,000,000.00 0.00 Total Sale (16,689,415.68) 16,689,415.68 0.00 16,689,415.68 0.00

TOTAL OTHER
TRANSACTIONS (22,764,415.68) 22,764,415.68 0.00 22,764,415.68 0.00 OTHER
Cash Transfer 09/30/2024 CCYUSD (8,484,584.12) Cash 0.00% (8,484,584.12) 0.00 (8,484,584.12) 0.00 Total Cash
Transfer (8,484,584.12) (8,484,584.12) 0.00 (8,484,584.12) 0.00 Coupon 09/02/2024 3133EPCF0 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.5 03/02/2026

4.01% 45,000.00 0.00 45,000.00 0.00
Coupon 09/06/2024 191216CL2 0.00 COCA-COLA CO 1.75
09/06/2024 1.75% 26,250.00 0.00 26,250.00 0.00
Coupon 09/08/2024 24422EXD6 0.00 JOHN DEERE CAPITAL
CORP 5.15 09/08/2026 5.18% 13,003.75 0.00 13,003.75 0.00 Coupon 09/10/2024 3130ATS57 0.00 FEDERAL HOME LOAN
BANKS 4.5 03/10/2028 3.82% 45,000.00 0.00 45,000.00 0.00 Coupon 09/14/2024 06368LAQ9 0.00 BANK OF MONTREAL 4.7
09/14/2027 4.91% 23,500.00 0.00 23,500.00 0.00
Coupon 09/15/2024 3133EPDJ1 0.00

FEDERAL FARM CREDIT

BANKS FUNDING CORP

4.375 09/15/2027

3.81% 43,750.00 0.00 43,750.00 0.00
Coupon 09/15/2024 44934QAD3 0.00 HART 2024-B A3 4.84
03/15/2029 4.90% 1,149.50 0.00 1,149.50 0.00
Coupon 09/15/2024 02582JJZ4 0.00 AMXCA 2023-1 A 4.87
05/15/2026 4.92% 1,420.42 0.00 1,420.42 0.00
906
CONFIDENTIAL | 14
City of Orange Cons | Account #10897 | As of September 30, 2024 Execution Time: 10/28/2024 12:01:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss Coupon 09/15/2024 05522RDJ4 0.00 BACCT 2024-1 A 4.93
03/15/2029 4.98% 2,074.71 0.00 2,074.71 0.00
Coupon 09/15/2024 47800CAC0 0.00 JDOT 2023 A3 5.01
11/15/2027 5.07% 1,649.13 0.00 1,649.13 0.00
Coupon 09/15/2024 161571HT4 0.00 CHAIT 2023-1 A 5.16
09/15/2028 5.23% 4,558.00 0.00 4,558.00 0.00
Coupon 09/15/2024 47786WAD2 0.00 JDOT 2024-B A3 5.2
03/15/2029 5.26% 2,210.00 0.00 2,210.00 0.00
Coupon 09/15/2024 02582JKD1 0.00 AMXCA 2023-3 A 5.23
09/15/2028 5.29% 4,598.04 0.00 4,598.04 0.00
Coupon 09/21/2024 43813YAC6 0.00 HAROT 2024-3 A3 4.57
03/21/2029 4.62% 2,399.25 0.00 2,399.25 0.00
Coupon 09/21/2024 43815JAC7 0.00 HAROT 2023-1 A3 5.04
04/21/2027 5.11% 882.00 0.00 882.00 0.00
Coupon 09/21/2024 438123AC5 0.00 HAROT 2023-4 A3 5.67
06/21/2028 5.75% 1,559.25 0.00 1,559.25 0.00
Coupon 09/25/2024 3134GWVE3 0.00

FEDERAL HOME LOAN
MORTGAGE CORP 0.4
09/25/2024

0.40% 6,150.00 0.00 6,150.00 0.00
Coupon 09/25/2024 05593AAC3 0.00 BMWLT 2023-1 A3 5.16
11/25/2025 5.22% 294.70 0.00 294.70 0.00
Coupon 09/25/2024 096919AD7 0.00 BMWOT 2024-A A3 5.18
02/26/2029 5.24% 1,942.50 0.00 1,942.50 0.00
Coupon 09/25/2024 05592XAD2 0.00 BMWOT 2023-A A3 5.47
02/25/2028 5.54% 866.08 0.00 866.08 0.00
Coupon 09/30/2024 91282CCZ2 0.00 UNITED STATES TREASURY

0.875 09/30/2026 1.01% 13,125.00 0.00 13,125.00 0.00
Coupon 09/30/2024 91282CGT2 0.00 UNITED STATES TREASURY

3.625 03/31/2028 3.56% 27,187.50 0.00 27,187.50 0.00
Coupon 09/30/2024 91282CKG5 0.00 UNITED STATES TREASURY

4.125 03/31/2029 4.53% 45,375.00 0.00 45,375.00 0.00
Total Coupon 0.00 313,944.83 0.00 313,944.83 0.00
Custody Fee 09/25/2024 CCYUSD (690.42) Cash 0.00% (690.42) 0.00 (690.42) 0.00 907
CONFIDENTIAL | 15
City of Orange Cons | Account #10897 | As of September 30, 2024 Execution Time: 10/28/2024 12:01:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

TRANSACTION LEDGER
Transaction
Type
Settlement
Date CUSIP Quantity Security Description Price Acq/Disp Yield Amount Interest Pur/Sold Total Amount Gain/Loss Total Custody
Fee (690.42) (690.42) 0.00 (690.42) 0.00
Dividend 09/30/2024 31846V203 0.00 FIRST AMER:GVT OBLG Y 4.51% 11,119.45 0.00 11,119.45 0.00 Total Dividend 0.00 11,119.45 0.00 11,119.45 0.00
Management
Fee 09/17/2024 CCYUSD (6,329.35) Cash 0.00% (6,329.35) 0.00 (6,329.35) 0.00 Total
Management
Fee (6,329.35) (6,329.35) 0.00 (6,329.35) 0.00
Principal
Paydown 09/25/2024 05593AAC3 9,938.25 BMWLT 2023-1 A3 5.16 11/25/2025 5.22% 9,938.25 -- 9,938.25 0.00 Total Principal
Paydown 9,938.25 9,938.25 -- 9,938.25 0.00

CASH & EQUIVALENTS
31846V203 FIRST AMER:GVT OBLG Y
194,575.54
437,204.24
6,446,786.98
(6,689,415.68)
194,575.54

0.00 1,718.04

0.00 0.00

0.00 1,718.04
1,718.04
999WEL$12 Wells Fargo General
314,102.00
152,661.00
161,441.00

0.00 314,102.00

0.00 0.00

0.00 999WEL$14 Wells Fargo
490,885.32
481,547.51
9,337.81

0.00 490,885.32

0.00 0.00

0.00 999WEL$15 Wells Fargo
17,419,846.51
16,075,209.44
1,344,637.07

0.00 17,419,846.51

0.00 0.00

0.00 CCYUSD Receivable
470,961.44
386,501.18

0.00 0.00
470,961.44

0.00 0.00

0.00 Total Cash & Equivalents 18,890,370.81
17,533,123.37
7,962,202.86
(6,689,415.68)
18,890,370.81

0.00 1,718.04

0.00 0.00

0.00 1,718.04 1,718.04

FIXED INCOME
02582JJZ4 AMXCA 2023-1 A 4.87
05/15/2026
06/07/2023
06/14/2023
350,000.00
349,976.65

0.00 0.00
349,977.78
757.56
1,420.42
757.56
1,420.42

1.13 0.00

1.13 1,421.55
1,421.55
02582JKD1 AMXCA 2023-3 A 5.23
09/15/2028
09/12/2023
09/19/2023
1,055,000.00
1,054,961.84

0.00 0.00
1,054,962.62
2,452.29
4,598.04
2,452.29
4,598.04

0.78 0.00

0.00 0.00
2,999,926.81
1,341.67

0.00 3,091.67
1,750.00

4.44 0.00

4.44 1,754.44
1,754.44
05522RDJ4 BACCT 2024-1 A 4.93
03/15/2029
06/06/2024
06/13/2024
505,000.00
504,972.98

0.00 0.00
504,973.47
1,106.51
2,074.71
1,106.51
2,074.71

0.49 0.00

0.49 2,075.20
2,075.20
05592XAD2 BMWOT 2023-A A3 5.47
02/25/2028
07/11/2023
07/18/2023
190,000.00
189,974.55

0.00 0.00
189,975.15
173.22
866.08
173.22
866.08

0.60 0.00

0.60 866.68
866.68
05593AAC3 BMWLT 2023-1 A3 5.16
11/25/2025
02/07/2023
02/15/2023
58,596.39
68,533.92

0.00 (9,938.25)
58,595.82

58.94 294.70

50.39 286.15

0.15 0.00

0.15 286.30
286.30
06051GGF0 BANK OF AMERICA CORP

3.824 01/20/2028
06/27/2024
06/28/2024
1,250,000.00
1,209,218.40

0.00 0.00
1,210,623.05
5,443.89

0.00 9,427.22
3,983.33
1,404.65

0.00 1,404.65
5,387.98
5,387.98
06368LAQ9 BANK OF MONTREAL 4.7
09/14/2027
03/30/2023
03/31/2023
1,000,000.00
994,249.02

0.00 0.00
994,404.73
21,802.78
23,500.00
2,219.44
3,916.67
155.71

0.00 155.71
4,072.38
4,072.38
096919AD7 BMWOT 2024-A A3 5.18
02/26/2029
06/04/2024
06/11/2024
450,000.00
449,934.91

0.00 0.00
449,936.10
388.50
1,942.50
388.50
1,942.50

1.19 0.00

1.19 1,943.69
1,943.69
14913Q3B3

CATERPILLAR FINANCIAL
SERVICES CORP 2.15
11/08/2024
05/31/2022
06/02/2022
1,250,000.00
1,248,403.15

0.00 0.00
1,249,107.64
8,435.76

0.00 10,675.35
2,239.58
704.49

0.00 704.49
2,944.08
2,944.08
161571HT4 CHAIT 2023-1 A 5.16
09/15/2028
09/07/2023
09/15/2023
1,060,000.00
1,059,762.78

0.00 0.00
1,059,767.61
2,430.93
4,558.00
2,430.93
4,558.00

4.82 0.00

4.65 08/15/2029
09/26/2024
09/27/2024
1,250,000.00

0.00 1,280,725.00

0.00 1,280,654.85

0.00 (9,203.13)
9,848.96
645.83

0.00 (70.15)
(70.15)
575.68
575.68
17275RBR2 CISCO SYSTEMS INC 4.85
02/26/2029
02/27/2024
02/29/2024
1,250,000.00
1,250,582.93

0.00 0.00
1,250,572.06
842.01

0.00 5,894.10
5,052.08

0.00 (10.88)
(10.88)
5,041.21
5,041.21
191216CL2 COCA-COLA CO 1.75
09/06/2024
09/20/2019
09/20/2019

0.00 2,999,902.79

0.00 (3,000,000.00)

0.00 25,520.83
26,250.00

0.00 729.17

97.21 0.00

97.21 826.38
826.38
24422EWF2 JOHN DEERE CAPITAL CORP

3.4 06/06/2025
06/01/2022
06/06/2022
280,000.00
279,983.66

0.00 0.00
279,985.43
2,247.78

0.00 3,041.11
793.33

1.76 0.00

1.76 795.10
795.10
24422EXD6 JOHN DEERE CAPITAL CORP

5.15 09/08/2026
09/05/2023
09/08/2023
505,000.00
504,758.89

0.00 0.00
504,768.71
12,498.05
13,003.75
1,661.59
2,167.29

9.81 0.00

9.81 2,177.11
2,177.11
3130AEB25 FEDERAL HOME LOAN BANKS

3.25 06/09/2028
07/24/2023
07/25/2023
2,000,000.00
1,939,059.44

0.00 0.00
1,940,387.12
14,805.56

0.00 20,222.22
5,416.67
1,327.68

0.00 1,327.68
6,744.35
6,744.35
3130AMBG6 FEDERAL HOME LOAN BANKS

0.75 04/29/2025
05/04/2021
05/04/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
12,708.33

0.00 15,833.33
3,125.00

0.00 0.00

0.00 3,125.00
3,125.00
3130ANA42 FEDERAL HOME LOAN BANKS

0.65 04/28/2025
07/28/2021
07/28/2021
4,000,000.00
4,000,000.00

0.00 0.00
4,000,000.00
2,383.33

0.00 4,550.00
2,166.67

0.00 0.00

0.00 2,166.67
2,166.67
3130ANDF4 FEDERAL HOME LOAN BANKS

0.9 07/29/2026
07/29/2021
07/29/2021
5,000,000.00
5,000,000.00

0.00 0.00
5,000,000.00
4,000.00

0.00 7,750.00
3,750.00

0.00 0.00

4.5 03/10/2028
03/27/2023
03/28/2023
2,000,000.00
2,042,951.97

0.00 0.00
2,041,949.98
42,750.00
45,000.00
5,250.00
7,500.00

0.00 (1,001.99)
(1,001.99)
6,498.01
6,498.01
3130AXQK7 FEDERAL HOME LOAN BANKS

4.75 12/08/2028
01/29/2024
01/30/2024
2,000,000.00
2,053,308.31

0.00 0.00
2,052,282.49
21,902.78

0.00 29,819.44
7,916.67

0.00 (1,025.82)
(1,025.82)
6,890.85
6,890.85
3133EPCF0

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.5
03/02/2026
03/27/2023
03/28/2023
2,000,000.00
2,013,639.22

0.00 0.00
2,012,891.18
44,750.00
45,000.00
7,250.00
7,500.00

0.00 (748.04)
(748.04)
6,751.96
6,751.96
3133EPDJ1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.375
09/15/2027
03/27/2023
03/28/2023
2,000,000.00
2,031,068.31

0.00 0.00
2,030,227.87
40,347.22
43,750.00
3,888.89
7,291.67

0.00 (840.44)
(840.44)
6,451.23
6,451.23
3133EPQC2

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.625
07/17/2026
07/28/2023
07/31/2023
2,000,000.00
1,998,900.04

0.00 0.00
1,998,948.28
11,305.56

0.00 19,013.89
7,708.33

48.24 0.00

48.24 7,756.58
7,756.58
3133ERDH1

FEDERAL FARM CREDIT
BANKS FUNDING CORP 4.75
04/30/2029
04/29/2024
04/30/2024
2,100,000.00
2,103,973.51

0.00 0.00
2,103,903.47
33,527.08

0.00 41,839.58
8,312.50

0.00 (70.04)
(70.04)
8,242.46
8,242.46
3134GW3Z7

FEDERAL HOME LOAN
MORTGAGE CORP 0.6
10/28/2025
10/28/2020
10/28/2020
8,500,000.00
8,500,000.00

0.00 0.00
8,500,000.00
17,425.00

0.00 21,675.00
4,250.00

0.00 0.00

0.00 4,250.00
4,250.00
3134GWVE3

FEDERAL HOME LOAN
MORTGAGE CORP 0.4
09/25/2024
11/19/2020
11/19/2020

0.00 3,074,984.25

0.00 (3,075,000.00)

0.00 5,330.00
6,150.00

0.00 820.00

15.75 0.00

15.75 835.75
835.75
3135GA4W8

FEDERAL NATIONAL
MORTGAGE ASSOCIATION 0.5
02/18/2025
11/20/2020
11/20/2020
3,950,000.00
3,950,000.00

0.00 0.00
3,950,000.00
713.19

0.00 2,359.03
1,645.83

0.00 0.00

0.00 0.00
1,246,196.60
10,885.42

0.00 15,833.33
4,947.92

66.03 0.00

66.03 5,013.95
5,013.95
438123AC5 HAROT 2023-4 A3 5.67
06/21/2028
11/01/2023
11/08/2023
330,000.00
329,952.16

0.00 0.00
329,953.19
519.75
1,559.25
519.75
1,559.25

1.03 0.00

1.03 1,560.28
1,560.28
43813YAC6 HAROT 2024-3 A3 4.57
03/21/2029
08/09/2024
08/21/2024
630,000.00
629,901.68

0.00 0.00
629,903.46
799.75
2,399.25
799.75
2,399.25

1.77 0.00

1.77 2,401.02
2,401.02
43815JAC7 HAROT 2023-1 A3 5.04
04/21/2027
02/16/2023
02/24/2023
210,000.00
209,975.26

0.00 0.00
209,976.03
294.00
882.00
294.00
882.00

0.77 0.00

0.77 882.77
882.77
44934QAD3 HART 2024-B A3 4.84
03/15/2029
07/16/2024
07/24/2024
285,000.00
284,957.98

0.00 0.00
284,958.74
613.07
1,149.50
613.07
1,149.50

0.76 0.00

0.76 1,150.26
1,150.26
4581X0EK0

INTER-AMERICAN
DEVELOPMENT BANK 4.5
05/15/2026
06/27/2023
07/06/2023
1,720,000.00
1,719,212.21

0.00 0.00
1,719,250.27
22,790.00

0.00 29,240.00
6,450.00

38.06 0.00

38.06 6,488.06
6,488.06
459058KT9

INTERNATIONAL BANK FOR

RECONSTRUCTION AND
DEVELOPM 3.5 07/12/2028
07/24/2023
07/26/2023
2,000,000.00
1,952,077.11

0.00 0.00
1,953,096.75
9,527.78

0.00 15,361.11
5,833.33
1,019.64

0.00 1,019.64
6,852.97
6,852.97
46647PBK1 JPMORGAN CHASE & CO

2.083 04/22/2026
05/31/2022
06/02/2022
1,250,000.00
1,236,081.22

0.00 0.00
1,237,873.34
9,330.10

0.00 11,499.90
2,169.79
1,792.12

0.00 1,792.12
3,961.91
3,961.91
47786WAD2 JDOT 2024-B A3 5.2
03/15/2029
06/11/2024
06/18/2024
510,000.00
509,904.62

0.00 0.00
509,906.35
1,178.67
2,210.00
1,178.67
2,210.00

1.73 0.00

0.00 0.00
394,952.27
879.53
1,649.13
879.53
1,649.13

1.26 0.00

1.26 1,650.39
1,650.39
532457CQ9 ELI LILLY AND CO 4.2
08/14/2029
08/12/2024
08/14/2024
705,000.00
703,471.27

0.00 0.00
703,496.64
1,398.25

0.00 3,865.75
2,467.50

25.37 0.00

25.37 2,492.87
2,492.87
58933YBH7 MERCK & CO INC 4.05
05/17/2028
09/26/2024
09/27/2024
1,250,000.00

0.00 1,261,775.00

0.00 1,261,738.71

0.00 (18,281.25)
18,843.75
562.50

0.00 (36.29)
(36.29)
526.21
526.21
61747YET8 MORGAN STANLEY 4.679
07/17/2026
12/28/2022
12/30/2022
775,000.00
771,358.53

0.00 0.00
771,700.99
4,432.05

0.00 7,453.91
3,021.85
342.46

0.00 342.46
3,364.31
3,364.31
63743HFF4

NATIONAL RURAL UTILITIES

COOPERATIVE FINANCE CORP

5.45 10/30/2025
10/20/2022
10/31/2022
495,000.00
494,743.16

0.00 0.00
494,761.33
9,067.44

0.00 11,315.56
2,248.13

18.17 0.00

18.17 2,266.30
2,266.30
69371RS80 PACCAR FINANCIAL CORP 4.6
01/31/2029
03/27/2024
03/28/2024
1,200,000.00
1,195,155.53

0.00 0.00
1,195,245.63
4,753.33

0.00 9,353.33
4,600.00

90.10 0.00

90.10 4,690.10
4,690.10
713448FL7 PEPSICO INC 3.6 02/18/2028
03/27/2024
03/28/2024
1,500,000.00
1,457,953.43

0.00 0.00
1,458,950.58
1,950.00

0.00 6,450.00
4,500.00
997.15

0.00 997.15
5,497.15
5,497.15
713448FQ6 PEPSICO INC 4.55 02/13/2026
02/13/2023
02/15/2023
195,000.00
194,945.21

0.00 0.00
194,948.31
443.63

0.00 1,183.00
739.38

3.10 0.00

3.10 742.48
742.48
713448FW3 PEPSICO INC 5.125
11/10/2026
11/08/2023
11/10/2023
380,000.00
379,925.11

0.00 0.00
379,927.92
6,004.79

0.00 7,627.71
1,622.92

2.81 0.00

0.00 0.00
998,622.44
6,669.44

0.00 10,752.78
4,083.33

34.50 0.00

34.50 4,117.83
4,117.83
89236THP3 TOYOTA MOTOR CREDIT
CORP 0.8 10/16/2025
11/19/2020
11/19/2020
5,000,000.00
5,005,719.87

0.00 0.00
5,005,301.34
15,000.00

0.00 18,333.33
3,333.33

0.00 (418.53)
(418.53)
2,914.81
2,914.81
907818GE2 UNION PACIFIC CORP 4.75
02/21/2026
02/13/2023
02/21/2023
470,000.00
469,847.73

0.00 0.00
469,856.22
620.14

0.00 2,480.56
1,860.42

8.49 0.00

8.49 1,868.91
1,868.91
912810FE3 UNITED STATES TREASURY 5.5
08/15/2028
04/29/2024
04/30/2024
2,100,000.00
2,167,914.13

0.00 0.00
2,166,503.17
5,335.60

0.00 14,751.36
9,415.76

0.00 (1,410.96)
(1,410.96)
8,004.80
8,004.80
9128284N7 UNITED STATES TREASURY

2.875 05/15/2028
07/31/2023
07/31/2023
2,000,000.00
1,909,826.43

0.00 0.00
1,911,827.32
17,031.25

0.00 21,718.75
4,687.50
2,000.89

0.00 2,000.89
6,688.39
6,688.39
9128285M8 UNITED STATES TREASURY

3.125 11/15/2028
12/28/2023
12/29/2023
2,000,000.00
1,944,071.79

0.00 0.00
1,945,164.14
18,512.23

0.00 23,607.34
5,095.11
1,092.35

0.00 1,092.35
6,187.46
6,187.46
91282CCZ2 UNITED STATES TREASURY

0.875 09/30/2026
09/30/2021
09/30/2021
3,000,000.00
2,991,914.06

0.00 0.00
2,992,233.67
11,045.08
13,125.00

72.12 2,152.03
319.60

0.00 319.60
2,471.64
2,471.64
91282CGT2 UNITED STATES TREASURY

3.625 03/31/2028
09/26/2024
09/27/2024
1,500,000.00

0.00 1,503,398.44

0.00 1,503,387.83

0.00 445.70
149.38
595.08

0.00 (10.61)
(10.61)
584.47
584.47
91282CHA2 UNITED STATES TREASURY 3.5
04/30/2028
06/13/2024
06/14/2024
2,200,000.00
2,138,818.21

0.00 0.00
2,140,191.02
25,945.65

0.00 32,222.83
6,277.17
1,372.82

4.875 10/31/2028
05/28/2024
05/29/2024
2,200,000.00
2,225,074.50

0.00 0.00
2,224,579.94
36,138.59

0.00 44,881.79
8,743.21

0.00 (494.57)
(494.57)
8,248.64
8,248.64
91282CKD2 UNITED STATES TREASURY

4.25 02/28/2029
03/27/2024
03/28/2024
2,200,000.00
2,206,039.38

0.00 0.00
2,205,928.97
258.29
46,750.00
8,006.91
54,498.62

0.00 (110.41)
(110.41)
54,388.21
54,388.21
91282CKG5 UNITED STATES TREASURY

4.125 03/31/2029
05/28/2024
05/29/2024
2,200,000.00
2,163,244.62

0.00 0.00
2,163,904.11
38,184.43
45,375.00
249.31
7,439.89
659.49

0.00 659.49
8,099.37
8,099.37
91282CKP5 UNITED STATES TREASURY

4.625 04/30/2029 2,000,000.00
1,519,358.36
522,285.16

0.00 2,041,249.11
23,376.36
(9,425.95)
38,709.24
5,906.93

0.00 (394.40)
(394.40)
5,512.53
5,512.53
91282CKT7 UNITED STATES TREASURY 4.5
05/31/2029
06/13/2024
06/14/2024
2,200,000.00
2,223,506.57

0.00 0.00
2,223,099.64
25,155.74

0.00 33,270.49
8,114.75

0.00 (406.92)
(406.92)
7,707.83
7,707.83
91282CLC3 UNITED STATES TREASURY 4.0
07/31/2029
09/26/2024
09/27/2024
2,000,000.00

0.00 2,038,515.62

0.00 2,038,428.48

0.00 (12,608.70)
13,478.26
869.56

0.00 (87.14)
(87.14)
782.42
782.42
91324PEN8 UNITEDHEALTH GROUP INC

5.15 10/15/2025
12/28/2022
12/30/2022
775,000.00
779,723.55

0.00 0.00
779,377.08
15,078.06

0.00 18,404.10
3,326.04

0.00 (346.47)
(346.47)
2,979.57
2,979.57
91324PEU2 UNITEDHEALTH GROUP INC

4.25 01/15/2029
05/28/2024
05/29/2024
1,000,000.00
969,022.73

0.00 0.00
969,604.65
5,430.56

0.00 8,972.22
3,541.67
581.91

0.00 581.91
4,123.58
4,123.58
Total Fixed Income 102,928,596.39
102,296,389.82
6,606,699.22
(6,084,938.25)
102,824,918.43
666,097.73
284,434.00
665,043.10
283,379.37
14,251.28
(7,483.64)
6,767.64
290,147.01 290,147.01
LAIF
916
CONFIDENTIAL | 24
City of Orange Cons | Account #10897 | As of September 30, 2024 Execution Time: 10/28/2024 12:01:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

0.00 (10,000,000.00)
22,192,867.38

0.00 0.00

0.00 Total LAIF 22,192,867.38
32,192,867.38

0.00 (10,000,000.00)
22,192,867.38

0.00 0.00

0.00 0.00 0.00
TOTAL PORTFOLIO 144,011,834.58
152,022,380.57
14,568,902.08
(22,774,353.93)
143,908,156.62
666,097.73
286,152.04
665,043.10
285,097.41
14,251.28
(7,483.64)
6,767.64
291,865.05 291,865.05
917
CONFIDENTIAL | 25
City of Orange Cons | Account #10897 | As of September 30, 2024 Execution Time: 10/28/2024 12:01:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount OCTOBER 2024
10/01/2024 Dividend 0.00 675.47 675.47
10/01/2024 Dividend 31846V203 0.00 11,119.45 11,119.45
10/15/2024 Dividend 0.00 167,520.19 167,520.19
10/15/2024 Dividend 0.00 170,512.95 170,512.95
10/15/2024 Dividend 0.00 121,133.38 121,133.38
10/15/2024 Coupon 02582JJZ4 0.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 10/15/2024 Coupon 02582JKD1 0.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 10/15/2024 Coupon 05522RDJ4 0.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 10/15/2024 Coupon 161571HT4 0.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 10/15/2024 Coupon 44934QAD3 0.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 10/15/2024 Coupon 47800CAC0 0.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 10/15/2024 Coupon 47786WAD2 0.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 10/15/2024 Coupon 91324PEN8 0.00 UNITEDHEALTH GROUP INC 5.15 10/15/2025 19,956.25 19,956.25 10/16/2024 Coupon 89236THP3 0.00 TOYOTA MOTOR CREDIT CORP 0.8 10/16/2025 20,000.00 20,000.00 10/21/2024 Coupon 43815JAC7 0.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 10/21/2024 Coupon 438123AC5 0.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 10/21/2024 Coupon 43813YAC6 0.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 10/22/2024 Coupon 46647PBK1 0.00 JPMORGAN CHASE & CO 2.083 04/22/2026 13,018.75 13,018.75 10/25/2024 Custody Fee CCYUSD 0.00 (695.77) (695.77)
10/25/2024 Coupon 05593AAC3 0.00 BMWLT 2023-1 A3 5.16 11/25/2025 251.96 251.96 10/25/2024 Principal Paydown 05593AAC3 (9,675.69) BMWLT 2023-1 A3 5.16 11/25/2025 9,675.69 9,675.69 10/25/2024 Coupon 05592XAD2 0.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 10/25/2024 Coupon 096919AD7 0.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 10/28/2024 Coupon 3134GW3Z7 8,500,000.00 FEDERAL HOME LOAN MORTGAGE CORP 0.6 10/28/2025 25,500.00 25,500.00
10/29/2024 Coupon 3130AMBG6 5,000,000.00 FEDERAL HOME LOAN BANKS 0.75 04/29/2025 18,750.00 18,750.00 10/30/2024 Coupon 3133ERDH1 2,100,000.00 FEDERAL FARM CREDIT BANKS FUNDING CORP

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 10/31/2024 Coupon 91282CJF9 2,200,000.00 UNITED STATES TREASURY 4.875 10/31/2028 53,625.00 53,625.00 10/31/2024 Coupon 91282CKP5 2,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 46,250.00 46,250.00 October 2024
Total 479,941.36 324,524.59 804,465.95
NOVEMBER 2024
11/08/2024 Coupon 14913Q3B3 1,250,000.00 CATERPILLAR FINANCIAL SERVICES CORP 2.15 11/08/2024 13,437.50 13,437.50
11/08/2024 Final Maturity 14913Q3B3 1,250,000.00 CATERPILLAR FINANCIAL SERVICES CORP 2.15 11/08/2024 1,250,000.00 1,250,000.00
11/12/2024 Coupon 713448FW3 380,000.00 PEPSICO INC 5.125 11/10/2026 9,737.50 9,737.50 11/15/2024 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 11/15/2024 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 11/15/2024 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 11/15/2024 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 11/15/2024 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 11/15/2024 Coupon 4581X0EK0 1,720,000.00 INTER-AMERICAN DEVELOPMENT BANK 4.5 05/15/2026 38,700.00 38,700.00
11/15/2024 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 11/15/2024 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 11/15/2024 Coupon 9128284N7 2,000,000.00 UNITED STATES TREASURY 2.875 05/15/2028 28,750.00 28,750.00 11/15/2024 Coupon 9128285M8 2,000,000.00 UNITED STATES TREASURY 3.125 11/15/2028 31,250.00 31,250.00 11/15/2024 Coupon 92970QAE5 560,000.00 WF CARD ISSUANCE TRUST 2024-2 4.29 10/15/2029 1,401.40 1,401.40
11/18/2024 Coupon 58933YBH7 1,250,000.00 MERCK & CO INC 4.05 05/17/2028 25,312.50 25,312.50 11/21/2024 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 11/21/2024 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 11/21/2024 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 11/25/2024 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 11/25/2024 Coupon 05593AAC3 48,920.70 BMWLT 2023-1 A3 5.16 11/25/2025 210.36 210.36 11/25/2024 Principal Paydown 05593AAC3 48,920.70 BMWLT 2023-1 A3 5.16 11/25/2025 13,298.68 13,298.68 11/25/2024 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 November 2024
Total 1,263,298.68 174,108.13 1,437,406.82
919
CONFIDENTIAL | 27
City of Orange Cons | Account #10897 | As of September 30, 2024 Execution Time: 10/28/2024 12:01:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount DECEMBER 2024
12/02/2024 Coupon 91282CKT7 2,200,000.00 UNITED STATES TREASURY 4.5 05/31/2029 49,500.00 49,500.00 12/06/2024 Coupon 24422EWF2 280,000.00 JOHN DEERE CAPITAL CORP 3.4 06/06/2025 4,760.00 4,760.00 12/09/2024 Coupon 3130AEB25 2,000,000.00 FEDERAL HOME LOAN BANKS 3.25 06/09/2028 32,500.00 32,500.00 12/09/2024 Coupon 3130AXQK7 2,000,000.00 FEDERAL HOME LOAN BANKS 4.75 12/08/2028 47,500.00 47,500.00 12/16/2024 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 12/16/2024 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 12/16/2024 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 12/16/2024 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 12/16/2024 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 12/16/2024 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 12/16/2024 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,649.13 1,649.13 12/16/2024 Coupon 92970QAE5 560,000.00 WF CARD ISSUANCE TRUST 2024-2 4.29 10/15/2029 2,002.00 2,002.00
12/23/2024 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 12/23/2024 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 12/23/2024 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 882.00 882.00 12/23/2024 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 9,109.24 9,109.24 12/25/2024 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 866.08 866.08 12/25/2024 Coupon 05593AAC3 48,920.70 BMWLT 2023-1 A3 5.16 11/25/2025 153.17 153.17 12/25/2024 Principal Paydown 05593AAC3 48,920.70 BMWLT 2023-1 A3 5.16 11/25/2025 13,704.17 13,704.17 12/25/2024 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 12/26/2024 Coupon 437076DC3 1,250,000.00 HOME DEPOT INC 4.75 06/25/2029 29,687.50 29,687.50 December 2024
Total 22,813.41 191,411.55 214,224.96
JANUARY 2025
01/13/2025 Coupon 459058KT9 2,000,000.00 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPM 3.5 07/12/2028 35,000.00 35,000.00
01/13/2025 Coupon 78016FZW7 1,000,000.00 ROYAL BANK OF CANADA 4.9 01/12/2028 24,500.00 24,500.00 01/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 01/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 01/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 920
CONFIDENTIAL | 28
City of Orange Cons | Account #10897 | As of September 30, 2024 Execution Time: 10/28/2024 12:01:16 PM Chandler Asset Management | [email protected] | www.chandlerasset.com | 800.317.4747

Orange City CouncilNovember 12, 2024

Orange City Council
November 12, 2024