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

CASH FLOW REPORT
Payment Date Transaction Type CUSIP Quantity Security Description Principal Amount Income Total Amount 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 7,022.58 7,022.58 01/15/2025 Coupon 91324PEU2 1,000,000.00 UNITEDHEALTH GROUP INC 4.25 01/15/2029 21,250.00 21,250.00 01/15/2025 Coupon 92970QAE5 560,000.00 WF CARD ISSUANCE TRUST 2024-2 4.29 10/15/2029 2,002.00 2,002.00
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 843.74 843.74 01/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 13,774.29 13,774.29 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 48,920.70 BMWLT 2023-1 A3 5.16 11/25/2025 94.25 94.25 01/27/2025 Principal Paydown 05593AAC3 48,920.70 BMWLT 2023-1 A3 5.16 11/25/2025 12,971.06 12,971.06 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 01/31/2025 Coupon 91282CLC3 2,000,000.00 UNITED STATES TREASURY 4.0 07/31/2029 40,000.00 40,000.00 January 2025 Total 33,767.93 299,497.99 333,265.92
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 1,149.50 921
CONFIDENTIAL | 29
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 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 1,619.81 1,619.81 02/17/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 21,308.08 21,308.08 02/17/2025 Coupon 92970QAE5 560,000.00 WF CARD ISSUANCE TRUST 2024-2 4.29 10/15/2029 2,002.00 2,002.00
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 171239AL0 1,250,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 31,484.38 31,484.38 02/18/2025 Coupon 3135GA4W8 3,450,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 02/18/2025 8,625.00 8,625.00
02/18/2025 Final Maturity 3135GA4W8 3,450,000.00 FEDERAL NATIONAL MORTGAGE ASSOCIATION

0.5 02/18/2025 3,450,000.00 3,450,000.00
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 2,399.25 2,399.25 02/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 785.89 785.89 02/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 13,559.75 13,559.75 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 48,920.70 BMWLT 2023-1 A3 5.16 11/25/2025 38.47 38.47 02/25/2025 Effective Maturity 05593AAC3 48,920.70 BMWLT 2023-1 A3 5.16 11/25/2025 8,946.79 8,946.79 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 3,493,814.62 270,049.54 3,763,864.16
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 23,500.00 922
CONFIDENTIAL | 30
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 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

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 1,530.84 1,530.84 03/17/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 19,357.29 19,357.29 03/17/2025 Coupon 92970QAE5 560,000.00 WF CARD ISSUANCE TRUST 2024-2 4.29 10/15/2029 2,002.00 2,002.00
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 2,399.25 2,399.25 03/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 728.94 728.94 03/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 13,106.83 13,106.83 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 5,040.64 5,040.64 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 91282CGT2 1,500,000.00 UNITED STATES TREASURY 3.625 03/31/2028 27,187.50 27,187.50 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 37,504.76 282,980.78 320,485.54
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 1,450.03 1,450.03 04/15/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 23,339.39 23,339.39 923
CONFIDENTIAL | 31
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 04/15/2025 Coupon 91324PEN8 775,000.00 UNITEDHEALTH GROUP INC 5.15 10/15/2025 19,956.25 19,956.25 04/15/2025 Coupon 92970QAE5 560,000.00 WF CARD ISSUANCE TRUST 2024-2 4.29 10/15/2029 2,002.00 2,002.00
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 673.89 673.89 04/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 13,482.41 13,482.41 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 843.11 843.11 04/25/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 12,017.96 12,017.96 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

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 2,000,000.00 UNITED STATES TREASURY 4.625 04/30/2029 46,250.00 46,250.00 April 2025 Total 10,298,839.77 332,344.44 10,631,184.21 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 2,074.71 924
CONFIDENTIAL | 32
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 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 1,352.59 1,352.59 05/15/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 22,545.05 22,545.05 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 05/15/2025 Coupon 92970QAE5 560,000.00 WF CARD ISSUANCE TRUST 2024-2 4.29 10/15/2029 2,002.00 2,002.00
05/19/2025 Coupon 58933YBH7 1,250,000.00 MERCK & CO INC 4.05 05/17/2028 25,312.50 25,312.50 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 617.26 617.26 05/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 12,925.14 12,925.14 05/26/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 788.32 788.32 05/26/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 11,445.44 11,445.44 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 46,915.62 160,421.84 207,337.46
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 2,210.00 925
CONFIDENTIAL | 33
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 06/16/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,258.46 1,258.46 06/16/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 20,290.61 20,290.61 06/16/2025 Coupon 92970QAE5 560,000.00 WF CARD ISSUANCE TRUST 2024-2 4.29 10/15/2029 2,002.00 2,002.00
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 562.98 562.98 06/23/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 12,640.49 12,640.49 06/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 736.15 736.15 06/25/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 11,235.56 11,235.56 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 324,166.66 190,418.76 514,585.42
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 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 1,173.75 1,173.75 07/15/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 20,849.26 20,849.26 07/15/2025 Coupon 91324PEU2 1,000,000.00 UNITEDHEALTH GROUP INC 4.25 01/15/2029 21,250.00 21,250.00 07/15/2025 Coupon 92970QAE5 560,000.00 WF CARD ISSUANCE TRUST 2024-2 4.29 10/15/2029 2,002.00 2,002.00
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 775,000.00 775,000.00 926
CONFIDENTIAL | 34
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 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 509.89 509.89 07/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 12,340.95 12,340.95 07/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 684.94 684.94 07/25/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 10,360.73 10,360.73 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 07/31/2025 Coupon 91282CLC3 2,000,000.00 UNITED STATES TREASURY 4.0 07/31/2029 40,000.00 40,000.00 July 2025 Total 818,550.94 285,413.36 1,103,964.31
AUGUST 2025
08/08/2025 Coupon 037833EB2 3,000,000.00 APPLE INC 0.7 02/08/2026 10,500.00 10,500.00 08/13/2025 Coupon 713448FQ6 195,000.00 PEPSICO INC 4.55 02/13/2026 4,436.25 4,436.25 08/14/2025 Coupon 532457CQ9 705,000.00 ELI LILLY AND CO 4.2 08/14/2029 14,805.00 14,805.00 08/15/2025 Coupon 02582JJZ4 350,000.00 AMXCA 2023-1 A 4.87 05/15/2026 1,420.42 1,420.42 08/15/2025 Coupon 02582JKD1 1,055,000.00 AMXCA 2023-3 A 5.23 09/15/2028 4,598.04 4,598.04 08/15/2025 Coupon 05522RDJ4 505,000.00 BACCT 2024-1 A 4.93 03/15/2029 2,074.71 2,074.71 08/15/2025 Coupon 161571HT4 1,060,000.00 CHAIT 2023-1 A 5.16 09/15/2028 4,558.00 4,558.00 08/15/2025 Coupon 171239AL0 1,250,000.00 CHUBB INA HOLDINGS LLC 4.65 08/15/2029 29,062.50 29,062.50 08/15/2025 Coupon 44934QAD3 285,000.00 HART 2024-B A3 4.84 03/15/2029 1,149.50 1,149.50 08/15/2025 Coupon 47786WAD2 510,000.00 JDOT 2024-B A3 5.2 03/15/2029 2,210.00 2,210.00 08/15/2025 Coupon 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 1,086.70 1,086.70 08/15/2025 Principal Paydown 47800CAC0 395,000.00 JDOT 2023 A3 5.01 11/15/2027 19,161.83 19,161.83 08/15/2025 Coupon 912810FE3 2,100,000.00 UNITED STATES TREASURY 5.5 08/15/2028 57,750.00 57,750.00 08/15/2025 Coupon 92970QAE5 560,000.00 WF CARD ISSUANCE TRUST 2024-2 4.29 10/15/2029 2,002.00 2,002.00
08/18/2025 Coupon 713448FL7 1,500,000.00 PEPSICO INC 3.6 02/18/2028 27,000.00 27,000.00 08/21/2025 Coupon 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 1,559.25 1,559.25 08/21/2025 Principal Paydown 438123AC5 330,000.00 HAROT 2023-4 A3 5.67 06/21/2028 12,252.15 12,252.15 08/21/2025 Coupon 43813YAC6 630,000.00 HAROT 2024-3 A3 4.57 03/21/2029 2,399.25 2,399.25 927
CONFIDENTIAL | 35
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 08/21/2025 Coupon 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 458.06 458.06 08/21/2025 Principal Paydown 43815JAC7 210,000.00 HAROT 2023-1 A3 5.04 04/21/2027 11,964.25 11,964.25 08/21/2025 Coupon 907818GE2 470,000.00 UNION PACIFIC CORP 4.75 02/21/2026 11,162.50 11,162.50 08/25/2025 Coupon 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 637.71 637.71 08/25/2025 Principal Paydown 05592XAD2 190,000.00 BMWOT 2023-A A3 5.47 02/25/2028 10,051.03 10,051.03 08/25/2025 Coupon 096919AD7 450,000.00 BMWOT 2024-A A3 5.18 02/26/2029 1,942.50 1,942.50 08/26/2025 Coupon 17275RBR2 1,250,000.00 CISCO SYSTEMS INC 4.85 02/26/2029 30,312.50 30,312.50 August 2025 Total 53,429.26 211,124.88 264,554.14
Grand Total 252,876,689.93 16,873,043.02 2,722,295.87 19,595,338.89 928
CONFIDENTIAL | 36
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

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.

Index returns assume reinvestment of all distributions. Historical performance results for investment indexes generally do not reflect the deduction of transaction and/or custodial charges or the deduction of an investment management fee, the incurrence of which would have the effect of decreasing historical performance results. It is not possible to invest directly in an index.

Ratings: Ratings information have been provided by 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. 929
Agenda Item
City Council
Item #: 10.1. 11/12/2024 File #: 24-0515
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Russell Bunim, Community Development Director

1. SUBJECT
Introduction and First Reading of Ordinance No. 29-24 amending Chapter 8.37 of the Orange Municipal Code pertaining to graffiti.

2. SUMMARY
Proposed Ordinance No. 29-24 provides for the abatement of graffiti on public and private property.

3. RECOMMENDED ACTION
Introduce and conduct First Reading of Ordinance No. 29.24. An Ordinance of the City Council of the City of Orange amending Chapter 8.37 of the Orange Municipal Code pertaining to graffiti.

4. FISCAL IMPACT
None.

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

6. DISCUSSION AND BACKGROUND
The City Council and community members have raised concerns about nuisance graffiti throughout the city. Nuisance graffiti significantly impacts public health, safety, and the welfare of residents, visitors, and businesses, while also diminishing the City’s aesthetic appeal and economic development.

The proliferation of graffiti on both public and private property:
· Constitutes a public nuisance and is obnoxious to the community; · May encourage criminal activity or behavior; and
· Diminishes the perception of public safety.

These issues contribute to visual blight, negatively affecting:
· Areas of potential economic development;
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· Residents' sense of safety within the community; and
· Allocation of City resources.

Addressing these problems is crucial to maintaining a safe, attractive, and thriving community. The City has a vested interest in implementing effective solutions to mitigate the impacts of nuisance graffiti in our community.

Despite the City's ongoing efforts to address graffiti, it remains a persistent problem. The current provisions of the OMC address graffiti in the following manner:

1. Property owners are prohibited from allowing graffiti on their property or graffiti visible from public right-of-way.

2. The city must provide written notice to property owners, giving them at least three calendar days to remove the graffiti.

3. If no action is taken within this period, the city must obtain written consent from the property owner before removing the graffiti.

4. Obtaining consent can take three or more additional days, especially with an absentee owner.

5. If a property owner refuses or fails to provide consent, the City has no further abatement authority or remedies.

This process often results in graffiti remaining visible for extended periods of time, undermining the City's efforts to maintain a clean, attractive, and safe environment. The current approach's inefficiency highlights the need for more robust and timely graffiti abatement measures.

The City's graffiti abatement strategy involves an inter-departmental effort including Public Works staff who remove graffiti from public property, Code Enforcement Officers who issue graffiti removal notices to property owners, and Police Officers who investigate graffiti crimes and apprehend vandals when possible.

California Government Code Sections 38773.5 and 53069.3, authorizes cities to enact an ordinance to establish procedures for the abatement of obnoxious graffiti and provide for the use of City funds to remove graffiti and other inscribed material from both private and public property.

The proposed amendment to the OMC would simplify the process when the City is unable to obtain written consent to abate graffiti by reducing the time allowed for graffiti removal from private property from three days to 24 hours. Additionally, it would authorize more efficient enforcement for problematic properties and would add summary abatement authority to City staff for obnoxious graffiti that poses an immediate danger to the public safety, health and/or welfare as determined by designated City officials.

Key components of the ordinance include:

1. Updated definitions to describe the various types of graffiti.

2. Establishment of a 24-hour timeframe for an owner, occupant, or person in charge or control of any private property to abate graffiti upon notification by the City.

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3. Procedures for graffiti abatement on both public and private property.

4. Authorization for City staff to immediately perform summary abatement of graffiti on private property without the owner’s written consent, subject to the following limitations:
o Obnoxious graffiti that is determined to create a danger to the public safety, health, and/or welfare;

5. Process for hearing appeals and cost recovery associated with graffiti abatement.

6. Various enforcement remedies such as assessment of administrative fines and criminal citations.

Staff plans to collaborate with property owners to achieve the goals of this proposed ordinance, prioritizing compliance over punitive or abatement measures. However, punitive or abatement actions will be reserved for special cases where there is a lack of cooperation or a failure to comply with the Code.

7. ATTACHMENTS
· Ordinance No. 29-24 - CLEAN
· Ordinance No. 29-24 - REDLINED
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Agenda Item
City Council
Item #: 10.1. 11/12/2024 File #: 24-0515
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Russell Bunim, Community Development Director

1. SUBJECT
Introduction and First Reading of Ordinance No. 29-24 amending Chapter 8.37 of the Orange Municipal Code pertaining to graffiti.

2. SUMMARY
Proposed Ordinance No. 29-24 provides for the abatement of graffiti on public and private property.

4. FISCAL IMPACT
None.

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

These issues contribute to visual blight, negatively affecting:
· Areas of potential economic development;
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Item #: 10.1. 11/12/2024 File #: 24-0515
· Residents' sense of safety within the community; and
· Allocation of City resources.

Despite the City's ongoing efforts to address graffiti, it remains a persistent problem. The current provisions of the OMC address graffiti in the following manner:

1. Property owners are prohibited from allowing graffiti on their property or graffiti visible from public right-of-way.

2. The city must provide written notice to property owners, giving them at least three calendar days to remove the graffiti.

3. If no action is taken within this period, the city must obtain written consent from the property owner before removing the graffiti.

4. Obtaining consent can take three or more additional days, especially with an absentee owner.

5. If a property owner refuses or fails to provide consent, the City has no further abatement authority or remedies.

Key components of the ordinance include:

1. Updated definitions to describe the various types of graffiti.

2. Establishment of a 24-hour timeframe for an owner, occupant, or person in charge or control of any private property to abate graffiti upon notification by the City.

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3. Procedures for graffiti abatement on both public and private property.

5. Process for hearing appeals and cost recovery associated with graffiti abatement.

6. Various enforcement remedies such as assessment of administrative fines and criminal citations.

7. ATTACHMENTS
· Ordinance No. 29-24 - CLEAN
· Ordinance No. 29-24 - REDLINED
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ORDINANCE NO. 29-24

AN ORDINANCE OF THE CITY COUNCIL OF

THE CITY OF ORANGE AMENDING CHAPTER

8.37 OF THE ORANGE MUNICIPAL CODE
PERTAINING TO GRAFFITI.

WHEREAS, California Government Code sections 38773.5 and 53069.3 provide the City of Orange authority to regulate and implement procedures to remove, prevent, and abate graffiti from both private and public property.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ORANGE DOES HEREBY ORDAIN AS FOLLOWS:

SECTION I:

1. The subject Ordinance is exempt from the provisions of the California Environmental Quality Act (CEQA) per State CEQA Guidelines (Guidelines) Sections 15060(c)(2) and 15060(c)(3) because review and evaluation of potential impact of the Ordinance demonstrate that it will not result in a direct or reasonably foreseeable indirect physical change in the environment, and it is not a "project" as defined in Guideline 15378.

2. The subject Ordinance is exempt from CEQA per Guideline 15061(b)(3) because it can be seen with certainty, after review and evaluation of the facts regarding the Zoning Code administrative amendments, that there is substantial evidence that adoption of this Ordinance would not have a significant effect on the environment and the commonsense exemption applies.

SECTION II:

Sections 8.37.020 of the Orange Municipal Code, “Health and Safety – Graffiti – Definitions,” 8.37.070 of the Orange Municipal Code, “Health and Safety – Graffiti – Graffiti on Private Property,” 8.37.080 of the Orange Municipal Code, “Health and Safety – Graffiti – Graffiti Removal,” 8.37.090 of the Orange Municipal Code, “Health and Safety – Graffiti – Responsibility for Cost of Removal,” are hereby amended to read as follows:

8.37.020 Definitions.
“Graffiti" means any unauthorized inscriptions, words, figures, art, or designs created by marking, etching, inscribing, drawing, spraying paint. This includes using materials like paint, spray paint, ink, chalk, dye, etching tools, slap tags or similar substances on public or private structures, buildings, posts, lamppost, poles, signs, curbs, sidewalks, streets, roads, trees, walls, fences, objects, or other facilities regardless of the of the material of the surface. “Graffiti implement” means any tool that can mark surfaces to create graffiti. This includes aerosol paint containers, paint sticks, felt-tip markers, marking pens, drill bits, grinding stones, scribers, 936
2 glass cutters, etching tools, and other items capable of damaging glass, plastic, wood, metal, or concrete.
"Obnoxious graffiti" means graffiti which has any of the following characteristics:

1. Insults or incites hatred or contempt of any person or group on the basis of ethnic origin, gender, race, or religious affiliation;

2. Refers to the name of a gang or includes words or symbols associated with a gang or individual gang member;

3. Refers to the name or identity of an individual tagger or members of a tagging group or organization;

4. Insults or threatens any identifiable individual or group;

5. Includes obscene or indecent language or depictions;

6. Promotes criminal activity or promotes retaliatory action by an individual(s);

7. Constitutes an aesthetic blight to a neighborhood.
“Slap tags" means images or messages with an adhesive glue or tape, such as, but not limited to, decals, stickers, posters, or labels that may be applied or affixed to any surfaces on public and private property without permission.
"Spray actuator" (“spray tip”, “nozzle”, or “button”) means an object which is capable of being attached to an aerosol paint container for the purpose of spraying paint.

8.37.070 Graffiti on Private Property.

A. Owner(s), occupant(s) or person(s) in control of any private property shall keep such property clear and free of graffiti at all times.

B. Private property owner(s), occupant(s), or person(s) in control shall not allow graffiti visible from public areas (e.g., highways, streets, parkways, sidewalks, alleys) to remain on their property but in no case 24 hours after receiving removal notice from the City.

8.37.080 Abatement.

1. Obnoxious graffiti. The City Manager or designee may immediately without notice remove obnoxious graffiti that threatens public health, safety, or welfare.

2. Abatement. If owner(s), occupants(s), or person(s) in control of private property does not remove graffiti 24 hours after receiving removal notice from the City, graffiti is per se a public nuisance and the City may remove graffiti at the owner’s expense. 937
3 3. Appeals. A challenge to cost recovery may be made to the City Manager or designee. Such appeal must be submitted in writing within 24 hours of the City’s action and filed with the City Clerk's Office along with payment of an appeal fee in an amount established by resolution of the City Council. The notice of appeal shall briefly state the grounds of appeal and be signed by the appealing party. Said appeal shall be heard by the City Manager or designee as soon as practical.

The appellant shall be allowed to introduce evidence and call witnesses at the hearing. The decision by the City Manager or designee shall be in writing and shall be final.

SECTION III:

Section 8.37.090 of the Orange Municipal Code, “Health and Safety – Graffiti – Responsibility for Cost of Removal,” is hereby deleted in its entirety.

SECTION IV:

Section 8.37.095 of the Orange Municipal Code, “Health and Safety – Graffiti – Cost of Graffiti Removal,” is hereby deleted in its entirety.

SECTION V:

Section 8.37.100 of the Orange Municipal Code, “Health and Safety – Graffiti – Penalty,” is hereby amended to read as follows:

8.37.100 Remedies.

A. Nothing in this Chapter shall limit the City from pursuing administrative, civil, or criminal citations or to abate public nuisances or violations of this Chapter in accordance with 1.08 and

1.10 of the Orange Municipal Code.

B. Minor and Parental Financial Responsibility. Pursuant to California Government Code Section 38772, the City Council makes the cost of graffiti abatement for violations committed by a minor: (1) a personal obligation of both the minor and the minor’s parent(s) or legal guardian(s); and (2) a lien against the property of the minor or a lien against the property of the minor’s parent(s) or legal guardian(s). Pursuant to California Government Code Section 38772(c), the County Probation Officer shall report the names and addresses of the minor’s parent(s) or legal guardian(s) to the City Clerk.

C. Recovery of Attorneys' Fees. Pursuant to California Government Code Section 38773.5(b), the City can recover attorneys’ fees in any action, administrative proceeding, or special proceeding to abate public nuisances. Fees are awarded to the prevailing party and limited to cases where the City seeks its own fees from the start. Awards cannot exceed the City’s reasonable fees.

D. Treble Damages. Pursuant to California Government Code Section 38773.7, if a second or subsequent judgment within two years finds a property owner or responsible person liable 938
4 for a condition that can be abated (excluding California Health and Safety Code Section 17980 conditions), the City may seek an order for that person to pay three times the abatement costs.

SECTION VI:

If any section, subdivision, paragraph, sentence, clause or phrase of this Ordinance is for any reason held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining portions of this Ordinance. The City Council hereby declares that it would have passed this Ordinance, and each section, subdivision, paragraph, sentence, clause and phrase thereof, irrespective of the fact that any one (or more) section, subdivision, paragraph, sentence, clause or phrase had been declared invalid or unconstitutional.

SECTION VII:

The City Clerk is hereby directed to certify the adoption of this Ordinance and cause the same to be published as required by law. This Ordinance shall take effect thirty (30) days from and after the date of its final passage.

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, City of Orange
939
5 STATE OF CALIFORNIA )

COUNTY OF ORANGE )

CITY OF ORANGE )
I, PAMELA COLEMAN, City Clerk of the City of Orange, California, do hereby certify that the foregoing Ordinance was introduced at the regular meeting of the City Council held on the ___ day of _____________, 2024, and thereafter at the regular meeting of said City Council duly held on the ___ day of ____________, 2024 was duly passed and adopted by the following vote, to wit:

AYES: COUNCILMEMBERS:

NOES: COUNCILMEMBERS:

ABSENT: COUNCILMEMBERS:

ABSTAIN: COUNCILMEMBERS:

Pamela Coleman, City Clerk, City of Orange
940
1 ORDINANCE NO. 29-24

AN ORDINANCE OF THE CITY COUNCIL OF

THE CITY OF ORANGE AMENDING CHAPTER

8.37 OF THE ORANGE MUNICIPAL CODE
PERTAINING TO GRAFFITI.

NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ORANGE DOES HEREBY ORDAIN AS FOLLOWS:

SECTION I:

SECTION II.

Sections 8.37.020 of the Orange Municipal Code, “Health and Safety – Graffiti – Definitions,” 8.37.070 of the Orange Municipal Code, “Health and Safety – Graffiti – Graffiti on Private Property,” and 8.37.080 of the Orange Municipal Code, “Health and Safety – Graffiti – Graffiti Removal,” are hereby amended to read as follows:

8.37.020 – Definitions.
"Aerosol paint container" means any aerosol container regardless of the material from which it is made, which is adapted or made for the purpose of spraying paint or other substances capable of defacing property.
"Etching tool or scribe" means any sharp or pointed instrument that is comprised of hardened steel, carbide or stainless steel which is capable of etching or marking glass, plastic, wood, metal or concrete surfaces. This definition includes, but is not limited to, picks, scribes, awls, markers and etchers.
941
2 "Felt tip marker" means any indelible marker or similar implement with a tip which at its broadest width is greater than one-eighth inch, containing an ink which is not water soluble. “Graffiti" means any unauthorized inscriptions, words, figures, art, or designs created by marking, etching, inscribing, drawing, spraying of paint., or marking symbols using This includes using materials like paint, spray paint, ink, chalk, dye, etching tools, slap tags or similar materials substances on public or private structures, buildings or places, posts, lamppost, poles, signs, curbs, sidewalks, streets, roads, trees, walls, fences, objects, or other facilities regardless of the of the material of the surface.
"Graffiti implement" means any implement capable of tool that can marking a surfaces to create graffiti. including, but not limited to, This includes aerosol paint containers, paint sticks, felt-tip markers, or marking pens, marking instruments, drill bits, grinding stones, scribers, glass cutters, or etching tools, or other implements items capable of scarring damaging glass, plastic, wood, metal or concrete.
"Obnoxious graffiti" means graffiti which has any of the following characteristics:

1. Insults or incites hatred or contempt of any person or group on the basis of ethnic origin, gender, race, or religious affiliation;

2. Refers to the name of a gang or includes words or symbols associated with a gang or individual gang member;

3. Refers to the name or identity of an individual tagger or members of a tagging group or organization;

4. Insults or threatens any identifiable individual or group;

5. Includes obscene or indecent language or depictions;

6. Promotes criminal activity or promotes retaliatory action by an individual(s);

7. Tends to attract more graffiti;

8. Constitutes an aesthetic blight or eyesore to a neighborhood. "Paint stick or graffiti stick" means any device containing a solid form of paint, chalk, wax, epoxy, or other similar substance capable of being applied to a surface by pressure, and upon application, leaving a mark at least one-eighth inch in width, visible from a distance of 20 feet and not water soluble.
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3 “Slap tags" means images or messages with an adhesive glue or tape, such as, but not limited to, decals, stickers, posters, or labels that may be applied or affixed to any surfaces on public and private property without permission.
"Spray actuator" (also known as a or “spray tip”, “nozzle”, or “button”) means an object which is capable of being attached to an aerosol paint container for the purpose of spraying paint. the substance contained therein.

8.37.070 – Graffiti on Private Property.

It shall be unlawful for the owner of any private property to permit graffiti or other inscribed materials to remain on structures so as to be capable of being viewed by a person utilizing any public right-of-way in the City, such as a highway, street, road, parkway or alley, providing the City has given written notice to the owner or occupant requiring removal of the graffiti within a period of not less than three calendar days and such time period has elapsed without remedial action.

A. Owner(s), occupant(s) or person(s) in control of any private property shall keep such property clear and free of graffiti at all times.

8.37.080 Graffiti Removal Abatement
Notwithstanding any other provisions of the Orange Municipal Code, when the City Manager or designee finds that graffiti or other inscribed material constitutes obnoxious graffiti and by virtue of its location on public or private property is in full view of a person utilizing any public right-ofway, whether a highway, street, road, parkway or alley, the City shall be authorized, although not required, to undertake the removal of such graffiti. If the findings set forth herein are not made, the City may undertake the removal of such graffiti, but shall charge a fee for such removal as set forth by this code.

Prior to the removal of such graffiti, the City shall obtain the written consent of the owner for such action and the owner shall execute an appropriate release form and right of entry form to permit such graffiti removal. If the City provides for the removal of graffiti, it shall not authorize or undertake to provide for the painting or repair of any more extensive area than that area where the graffiti is located.

1. Obnoxious graffiti. The City Manager or designee may immediately without notice remove obnoxious graffiti that threatens public health, safety, or welfare.

2. Abatement. If owner(s), occupants(s), or person(s) in control of private property does not remove graffiti 24 hours after receiving removal notice from the City, graffiti is per se a public nuisance and the City may remove graffiti at the owner’s expense. 943
4 3. Appeals. A challenge to cost recovery may be made to the City Manager or designee. Such appeal must be submitted in writing within 24 hours of the City’s action and filed with the City Clerk's Office along with payment of an appeal fee in an amount established by resolution of the City Council. The notice of appeal shall briefly state the grounds of appeal and be signed by the appealing party. Said appeal shall be heard by the City Manager or designee as soon as practical.

The appellant shall be allowed to introduce evidence and call witnesses at the hearing. The decision by the City Manager or designee shall be in writing and shall be final.

SECTION III.

Section 8.37.090 of the Orange Municipal Code, “Health and Safety – Graffiti – Responsibility for Cost of Removal,” is hereby deleted in its entirety.

SECTION IV.

Section 8.37.095 of the Orange Municipal Code, “Health and Safety – Graffiti – Cost of Graffiti Removal,” is hereby deleted in its entirety.

SECTION V.

Section 8.37.100 of the Orange Municipal Code, “Health and Safety – Graffiti – Penalty,” is hereby amended to read as follows:

8.37.100 Penalty Remedies.

In addition to other penalties under state law which may be applicable, any violation of this chapter shall be a misdemeanor offense punishable by either six months in jail, a $1,000.00 fine, or both such fine and imprisonment.

A. Nothing in this Chapter shall limit the City from pursuing administrative, civil, or criminal citations or to abate public nuisances or violations of this Chapter in accordance with 1.08 and 1.10 of the Orange Municipal Code.

C. Recovery of Attorneys' Fees. Pursuant to California Government Code Section 38773.5(b), the City can recover attorneys’ fees in any action, administrative proceeding, or special proceeding to abate public nuisances. Fees are awarded to the prevailing party and limited to 944
5 cases where the City seeks its own fees from the start. Awards cannot exceed the City’s reasonable fees.

D. Treble Damages. Pursuant to California Government Code Section 38773.7, if a second or subsequent judgment within two years finds a property owner or responsible person liable for a condition that can be abated (excluding California Health and Safety Code Section 17980 conditions), the City may seek an order for that person to pay three times the abatement costs.

SECTION VI:

SECTION VII:

ADOPTED this ____ day of ___________________, 2024.

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

Pamela Coleman, City Clerk, City of Orange
APPROVED AS TO FORM:
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6 Mike Vigliotta, City Attorney

STATE OF CALIFORNIA )

COUNTY OF ORANGE )

AYES: COUNCILMEMBERS:

NOES: COUNCILMEMBERS:

ABSENT: COUNCILMEMBERS:

ABSTAIN: COUNCILMEMBERS:

Pamela Coleman, City Clerk, City of Orange
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Agenda Item
City Council
Item #: 11.1. 11/12/2024 File #: 24-0645
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Aaron Schulze, Economic Development Manager

1. SUBJECT
Industrial Development Authority of the City of Orange Report.

2. SUMMARY
The Bylaws of the Industrial Development Authority require that a report of the Authority’s activities for the prior fiscal year be presented to the Board of Directors by December of each year.

3. RECOMMENDED ACTION
Receive and file.

4. FISCAL IMPACT
None.

5. STRATEGIC PLAN GOALS
Goal 2: Be a fiscally healthy community
e: Create an environment to attract, retain, and expand economic opportunities.

6. DISCUSSION AND BACKGROUND
The California Industrial Development Financing Advisory Commission (CIDFAC) administers the State’s Industrial Development Bond Financing Program and approves issuance of Industrial Development Bonds (IDB). IDBs provide manufacturing and processing companies low-cost, lowinterest financing for capital expenditures. Eligible capital expenditures include the acquisition of land, building construction, building renovation and the purchase of machinery and equipment. CIDFAC is a state agency within the California State Treasurer's Office.

The Industrial Development Authority (IDA) of the City of Orange was established in 1997 to provide an alternate method of financing for Control Air Conditioning (Control Air) to relocate its manufacturing facility into Orange. The IDA was the issuer for tax-exempt industrial development bonds in the amount of $5 million on behalf of Control Air in May 1997. The IDA only acted as a conduit for issuance of the bonds. It was the sole responsibility of Control Air to repay the bondholders.

In 2004, Control Air needed to expand its operation but was unable to find a suitable expansion location in Orange. In November 2004, Control Air relocated its manufacturing facility to Anaheim and subsequently sold its property in Orange. Control Air was required to repay the bonds in full. In City of Orange Page 1 of 2 Printed on 11/7/2024
powered by Legistar™947
Item #: 11.1. 11/12/2024 File #: 24-0645
December 2004, the bonds were repaid.

In 2024, there were no outstanding bonds issued by the IDA. Staff recommends the continuation of the IDA as it is a unique economic development tool that offers industrial and manufacturing businesses an alternative source of financing for land acquisition, construction, and rehabilitation in Orange, through the State’s Industrial Development Bond Financing Program.

Staff continues to promote the IDA program and benefits through the City’s Economic Development website, outreach to the brokerage community specializing in industrial and manufacturing tenants, and ongoing communication with local manufacturing businesses in Orange.

7. ATTACHMENTS
· None
City of Orange Page 2 of 2 Printed on 11/7/2024
powered by Legistar™948
Agenda Item
City Council
Item #: 11.1. 11/12/2024 File #: 24-0645
TO: Honorable Mayor and Members of the City Council
THRU: Tom Kisela, City Manager
FROM: Aaron Schulze, Economic Development Manager

1. SUBJECT
Industrial Development Authority of the City of Orange Report.

3. RECOMMENDED ACTION
Receive and file.

4. FISCAL IMPACT
None.

5. STRATEGIC PLAN GOALS
Goal 2: Be a fiscally healthy community
e: Create an environment to attract, retain, and expand economic opportunities.

In 2004, Control Air needed to expand its operation but was unable to find a suitable expansion location in Orange. In November 2004, Control Air relocated its manufacturing facility to Anaheim and subsequently sold its property in Orange. Control Air was required to repay the bonds in full. In City of Orange Page 1 of 2 Printed on 11/7/2024
powered by Legistar™949
Item #: 11.1. 11/12/2024 File #: 24-0645
December 2004, the bonds were repaid.

7. ATTACHMENTS
· None
City of Orange Page 2 of 2 Printed on 11/7/2024
powered by Legistar™950

Orange City CouncilNovember 12, 2024

Orange City Council
November 12, 2024