Agenda packet, regular meeting — Pleasant Hill City Council, May 20, 2024

CITY OF PLEASANT HILL

CITY COUNCIL MEETING AGENDA
MAY 20, 2024
REGULAR MEETING – 7:00 PM
Watch on YouTube at: www.pleasanthillca.org/councilmeeting The public meeting of the City Council will be held in person at City Hall, 100 Gregory Lane, Pleasant Hill, CA 94523 and Courtyard by Marriott, 700 Courtyard Drive, St. Charles, IL 60174.

A Zoom link is provided herewith as a courtesy, but members of the public are advised that they will only have the option to participate via teleconference using the Zoom platform in the event that a member of the legislative body is approved to attend remotely pursuant to the provisions of Assembly Bill 2449. Meeting link: www.zoom.us; Meeting ID: 857 9934 8588 Passcode: 543436 For information on Public Participation Options see below.

City Council Meeting Agenda Page 1 May 20, 2024
Council Chambers, 100 Gregory Lane, Pleasant Hill, CA 94523 Telephone (925) 671-5267

MAYOR MATTHEW RINN COUNCILMEMBER TIMOTHY FLAHERTY

VICE MAYOR SUE NOACK COUNCILMEMBER ZAC SHESS

COUNCILMEMBER ALLEN VINSON
Options for observing the meeting and participating in public comment are provided below.

Public Communication. The public is welcome to address the City Council on items on the Consent Calendar or other items not listed on the agenda but within the Council’s jurisdiction during the general Public Comment period. There is an opportunity for the public to comment on other agenda items at the time they are discussed. Comments are generally limited to two minutes.

Public Participation Options
1) Watch the Meeting via Youtube Livestream at www.pleasanthillca.org/councilmeeting. 2) Submit Written Comments by 4 pm the Day of the Meeting to [email protected] (comments received by deadline will be provided to the City Council before the meeting). Please specify that the correspondence is for public comment at the Council meeting.
3) Make Public Comment During the Meeting
When the Mayor invites public comment (or public comments on specific agenda items), members of the public may attend the meeting in person and may speak on any matter within the City Council's jurisdiction. Please fill out a speaker's card, available at the entry to the Council Chambers, and turn it in to the City Clerk.

If, due to a disability, a reasonable accommodation is needed to participate in this meeting, please refer to the Providing Accessible Communication to the Public Under the Americans with Disabilities Act and AB 2449 document online at www.pleasanthillca.org/accessiblecommunications and contact the ADA Coordinator 48 hours in advance of the meeting at (925) 671-5267 or via California Relay at 711.

Materials related to an item on this agenda submitted to the Council after distribution of the agenda packet are available to the public in the City’s Public Records Portal at https://cityarchive.pleasanthillca.org/WebLink/ (click on City Council Agenda Packets) or by contacting the City Clerk at [email protected] or 925-671-5267.

City Council Meeting Agenda Page 2 May 20, 2024
City Council Meeting Recordings and Broadcasts.

Recorded City Council meetings are broadcast on Comcast Channel 28, Wave Channel 1029, and AT&T U-Verse Channel 99 on the Wednesday following the meeting. Video recordings are generally available within 48 hours of the meeting, and may be viewed on the City’s website at www.pleasanthillca.org/MeetingVideos and selecting “City Council” from the meeting groups.

Agendas are Available for Review on the City Hall official noticing bulletin board (100 Gregory Lane), at the Pleasant Hill Police Department (330 Civic Drive), the Pleasant Hill Senior Center (233 Gregory Lane), and on the City’s website at www.pleasanthillca.org/agendas. Agenda packets will be available to the public on the City’s website at the same time as they are made available to the City Council.

1. CALL TO ORDER

2. PLEDGE OF ALLEGIANCE

3. ROLL CALL

4. CLOSED SESSION REPORT

5. PRESENTATIONS

5.1 Award of Appreciation to Bill Musick for Service on the Commission on Aging from 2023 - 2024

5.2 Introduction of Commission on Aging Commissioners Veronica Dise-Hodge and Vicky Pease

5.3 Proclamation Designating the Month of May as Older American’s Month

5.4 Proclamation Designating the Month of May as Asian American Native Hawaiian Pacific Islander Month

5.5 Coordinated Outreach, Referral, and Engagement (CORE) Program Annual Report

6. CITY MANAGER COMMENTS:
(Brief updates on pending City business without discussion by the City Council.)

7. COUNCIL ANNOUNCEMENTS AND REPORTS

7.1 Reports from Councilmembers on Meetings or Conferences Attended at City Expense

7.2 Announcements from Councilmembers

8. PUBLIC COMMENT:

The public is welcome at this time to address the City Council on items on the Consent Calendar or other items not listed on the agenda but within the Council’s jurisdiction. There is an opportunity for the public to comment on other agenda items at the time they are discussed.

Comments are limited to two minutes per speaker. To provide public comments, please see the Public Participation Options above.

City Council Meeting Agenda Page 3 May 20, 2024

9. CONSENT CALENDAR: All matters listed under “Consent Calendar” are considered by the Council to be routine and will be enacted by one motion. There will be no separate Council discussion of these items unless requested by a Councilmember prior to the time Council votes on the motion to adopt.

9.1 Approve Minutes for the Regular City Council Meeting of May 06, 2024

9.2 Approve Checks Dated: May 03, 2024; May 10, 2024

9.3 Approve Appointment Recommendations to the Architectural Review Commission, Education Commission, Measure K Oversight Committee, Planning Commission and County Connection Advisory Committee; and Modification to Term End Dates for Architectural Review Commission and Measure K Oversight Committee

9.4 Introduce Ordinance No. ___ Repealing and Replacing Section 2.20 (City Treasurer) of the Pleasant Hill Municipal Code to Reflect the Change From an Elected Position to an Appointed Position as Approved by Pleasant Hill Voters at the General Municipal Election of November 8, 2022 and Delegating the Authority to Appoint the City Treasurer to the City Manager

9.5 Adopt Resolution No. ___-24 Approving the City of Pleasant Hill Investment Policy Effective July 1, 2024 and Delegating Investment Authority to the City Treasurer

10. ACTION CALENDAR

10.1 Adopt Resolution No. ___ - 24 Authorizing the City Manager to Execute a Professional Services Agreement with RRM Design Group for Planning and Building Related Services for the Permit Ready Accessory Dwelling Unit Program

10.2 Adopt Resolution No. ___-24 Approving the Long-Term Financial Plan for Fiscal Year 2024/2025 Through Fiscal Year 2028/2029

11. ADJOURNMENT
Next City Council Meeting: June 3, 2024

CITY COUNCIL STAFF REPORT
Meeting Date: May 20, 2024
TO: THE HONORABLE MAYOR AND CITY COUNCILMEMBERS
SUBJECT: APPROVE MINUTES FOR THE REGULAR CITY COUNCIL MEETING OF MAY 06, 2024

RECOMMENDED CITY COUNCIL ACTION
Approve the minutes.

ATTACHMENT(S):

May 06, 2024 – Tentative Minutes
Prepared by: Lyone Conner, City Clerk

9.1 Packet Pg. 4

MINUTES OF THE
REGULAR MEETING – CITY COUNCIL
May 6, 2024
City Council Meeting Minutes Page 1 May 6, 2024
Mayor Rinn called a Regular Meeting of the City Council to order at 7:00 PM, in the Council Chambers, 100 Gregory Lane, Pleasant Hill, CA, complete proceedings of which were electronically recorded. The meeting agenda was posted on the City Hall outdoor bulletin board at 100 Gregory Lane, Pleasant Hill, CA on May 2, 2024, by City Clerk Lyone Conner.

1. CALL TO ORDER

2. PLEDGE OF ALLEGIANCE

3. ROLL CALL
Attendee Name Title Status
Matthew Rinn Mayor Present
Sue Noack Vice Mayor Absent
Timothy M. Flaherty Councilmember Present
Allen Vinson Councilmember Present
Zac Shess Councilmember Present

4. CLOSED SESSION REPORT
Mayor Rinn noted that there was no closed session this evening, and there is nothing to report.

5. PRESENTATIONS

5.1 Acknowledgment of Joshua Gebhardt as Honorary Mayor for a Day Mayor Rinn introduced Joshua Gebhardt as the Honorary Mayor for a Day. Honorary Mayor Gebhardt assisted Mayor Rinn at the City Council Meeting.

5.2 Proclamation Designating the Month of May as Mental Health Awareness Month Mayor Rinn and Mayor for a Day Gebhardt presented a proclamation to Carson Sprott, Chair of the Diversity Commission, declaring the month of May 2024 as Mental Health Awareness Month.

5.3 Measure K Oversight Committee Annual Report for Fiscal Year 2022/23 Ann James, Interim Public Works Director, introduced Paul Maxwell, Chair of the Measure K Oversight Committee, who delivered a presentation summarizing the findings by the Committee on the usage of Measure K funds for Fiscal Year 2022/23

6. CITY MANAGER COMMENTS
Ethan Bindernagel, City Manager, reported that:

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City Council Meeting Minutes Page 2 May 6, 2024
• Registration is open for the City of Pleasant Hill Local Government Academy, which will run for five sessions on Thursdays, from 6:00 PM – 8:00 PM, beginning May 30, 2024 and concluding June 27, 2024.
• The Sunset by the Lake Summer Concert Series has a new website:
pleasanthillsummerconcerts.com, which lists the food truck schedule for the program. • The Civic Action Commission is hosting the 20th Annual Community Service Day on September 21, 2024. Service project ideas may be submitted on the website:
pleasanthillca.org/csd.

7. COUNCIL ANNOUNCEMENTS AND REPORTS

7.1 Reports from Councilmembers on Meetings or Conferences Attended at City Expense
Mayor Rinn reported Vice Mayor Noack’s, Councilmember Shess’, and his own attendance at the Contra Costa County Mayors’ Conference.

7.2 Announcements from Councilmembers
Councilmember Vinson reported his attendance in Washington D.C.

Councilmember Shess reported his attendance at the Mayor’s Conference in Pinole and the Pleasant Hill Hawks Golf Tournament. He also expressed gratitude to Mayor Rinn for the nomination of his appointment to the East Bay Economic Development Alliance, of which the meetings have not yet begun.

Mayor Rinn acknowledged Councilmember Shess for his attendance at the Strandwood Elementary School Auction.

Councilmember Flaherty reported his attendance at the Pleasant Hill Community Foundation Board meeting.

Mayor Rinn reported his attendance at the Pleasant Hill Instructional Garden Spring Fest and the Sol Luna Cinco de Mayo Celebration.

8. PUBLIC COMMENT
Mayor Rinn opened Public Comment, and the following member of the public provided a comment:
• Luz Gomez
Mayor Rinn closed Public Comment.

9. CONSENT CALENDAR

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City Council Meeting Minutes Page 3 May 6, 2024
Motion (Shess/Vinson) to Approve all consent items, with the minutes as amended, carried unanimously as follows:

AYES: Flaherty, Shess, Vinson, Rinn
ABSENT: Noack

9.1 Approve Minutes for the Regular City Council Meeting of April 15, 2024

9.2 Approve Checks Dated: April 12, 2024; April 19, 2024; April 26, 2024

9.3 Approve Appointment Recommendations to the Education Commission and Planning Commission

9.4 Approve Revised Mayor’s Appointments of Councilmembers to Various Committees and Boards for 2024 and Ratification of Existing Committees

9.5 Adopt Resolution No. 27-24 Authorizing the City Manager to Execute a Professional Services Agreement with Park Engineering, Inc. for Construction Management, Inspection, and Material Testing Services for the Contra Costa Boulevard Improvement Project (Viking Drive to Harriet Drive) Project No. 02-23

10. ACTION CALENDAR

10.1 Adopt Resolution No. 28-24 Accepting the Subdivision Improvements for Subdivision 9552 (Oak Park Properties) as Complete
Ryan Cook, Sr. Civil Engineer, delivered a presentation on the Oak Park Properties Project Subdivision Improvements.

Mayor Rinn opened public comment for item 10.1
No members of the public commented.

Mayor Rinn closed public comment.

Motion (Vinson/Shess) to Approve item 10.1, carried unanimously as follows:

AYES: Flaherty, Shess, Vinson, Rinn
ABSENT: Noack

11. ADJOURNMENT
Mayor Rinn adjourned the meeting at 7:33 p.m. The next Regular City Council meeting will be held on Monday, May 20, 2024, beginning at 7:00 p.m.

LYONE P. CONNER, CITY CLERK

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CITY COUNCIL STAFF REPORT
Meeting Date: May 20, 2024
TO: THE HONORABLE MAYOR AND CITY COUNCILMEMBERS
SUBJECT: APPROVE CHECKS DATED: MAY 03, 2024; MAY 10, 2024

RECOMMENDED CITY COUNCIL ACTION
Approve the check register.

ATTACHMENT(S):

Check Register
Prepared by: Maria Alfredo, Accounting Technician I
Approved by: Erick Cheung, Finance Manager

9.2 Packet Pg. 8
5/3/2024 10:24:44 AM Page 1 of 10
Expense Approval Report
Pleasant Hill, CA By Vendor Name
Payment Dates 5/3/2024 - 5/3/2024
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount Vendor: 10066 - LIFTOFF, LLC
LIFTOFF, LLC 7634GDS2 05/03/2024 PO/ 12002 OFFICE 365 MIGR… 401-1012-0000-630040 343556 05/03/2024 21,000.00 Vendor 10066 - LIFTOFF, LLC Total: 21,000.00
Vendor: ADV13 - ADVANCED CONSTRCUTION SUPPLY
ADVANCED CONSTRCUTION … 240503 05/03/2024 INV 1929 04/23/24 101-5097-0000-660030 343557 05/03/2024 98.33 ADVANCED CONSTRCUTION … 240503 05/03/2024 INV 1967 04/29/24 101-5097-0000-660030 343557 05/03/2024 98.33 Vendor ADV13 - ADVANCED CONSTRCUTION SUPPLY Total: 196.66 Vendor: 10169 - ADVEXURE UNMANNED SYSTERMS
ADVEXURE UNMANNED SYS… SP-317808 05/03/2024 PO/20012 DRONES & RELAT… 241-2001-0000-710844 343558 05/03/2024 8,061.65 Vendor 10169 - ADVEXURE UNMANNED SYSTERMS Total: 8,061.65 Vendor: ALE04 - ALERTLINE COMMUNICATIONS, LLC
ALERTLINE COMMUNICATIO… 44360 05/03/2024 ELEVATOR EMERGENCY PHO… 101-1012-0000-670020 343559 05/03/2024 117.00 Vendor ALE04 - ALERTLINE COMMUNICATIONS, LLC Total: 117.00 Vendor: ACM02 - ALL CITY MANAGEMENT SERVICES, INC.

ALL CITY MANAGEMENT SER… 92766 05/03/2024 PD: CRSSG GUARD SVCS: 132…243-2001-0000-630040 343560 05/03/2024 4,519.31 Vendor ACM02 - ALL CITY MANAGEMENT SERVICES, INC. Total: 4,519.31 Vendor: ALS01 - ALSCO
ALSCO LSAC2047263 05/03/2024 PD: MATS, TOWELS, LAUNDR…101-2001-0000-660014 343561 05/03/2024 170.46 Vendor ALS01 - ALSCO Total: 170.46
Vendor: AMA05 - AMAZON CAPITAL SERVICES
AMAZON CAPITAL SERVICES 1KFH-XQJW-N49C 05/03/2024 NETGEAR SWITCH FOR PHPD …402-2001-0000-660024 343563 05/03/2024 90.67 AMAZON CAPITAL SERVICES 1XFK-F19Q-4GD1 05/03/2024 BANKER'S BOXES FOR PLANN…401-1012-0000-660024 343562 05/03/2024 185.00 Vendor AMA05 - AMAZON CAPITAL SERVICES Total: 275.67
Vendor: ATT23 - AT&T
AT&T 24053 05/03/2024 INTERNET FOR LIBRARY ACCT…101-1012-0000-670020 343564 05/03/2024 143.74 Vendor ATT23 - AT&T Total: 143.74
Vendor: BEL10 - BELLECCI & ASSOCIATES, IN
BELLECCI & ASSOCIATES, IN 210032.00-0000022 05/03/2024 PP32-ENGR SVCS- MAR 2024 …301-5137-0000-630034 343565 05/03/2024 3,529.96 Vendor BEL10 - BELLECCI & ASSOCIATES, IN Total: 3,529.96 Vendor: BES14 - BEST BEST & KRIEGER LLP
BEST BEST & KRIEGER LLP 987889 05/03/2024 GENERAL CH ATTORNEY SVCS…101-1007-0000-630040 343566 05/03/2024 15,751.00 BEST BEST & KRIEGER LLP 988869 05/03/2024 GENERAL CITY ATTORNEY SV… 101-1007-0000-630040 343566 05/03/2024 16,497.50 BEST BEST & KRIEGER LLP 988871 05/03/2024 RE: TELECOMMUNICATION (… 101-1007-0000-630040 343566 05/03/2024 122.00 BEST BEST & KRIEGER LLP 988872 05/03/2024 RE: SPECIAL GENERAL MATT… 101-1007-0000-630040 343566 05/03/2024 1,494.50 BEST BEST & KRIEGER LLP 988873 05/03/2024 RE: ADV. CALIFORNIA HOUSI… 101-1007-0000-630013 343566 05/03/2024 610.00

9.2.a
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Expense Approval Report Payment Dates: 5/3/2024 - 5/3/2024 5/3/2024 10:24:44 AM Page 2 of 10
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount BEST BEST & KRIEGER LLP 988874 05/03/2024 RE: SPECIAL EMPLOYMENT L… 101-1007-0000-630040 343566 05/03/2024 1,220.00 Vendor BES14 - BEST BEST & KRIEGER LLP Total: 35,695.00 Vendor: BHM01 - BHM CONSTRUCTION INC
BHM CONSTRUCTION INC PHL-100 05/03/2024 CONST SVCS FOR PH LIBRARY…107-5105-0000-800030 343567 05/03/2024 25,000.00 Vendor BHM01 - BHM CONSTRUCTION INC Total: 25,000.00
Vendor: ACE01 - BILL'S ACE HARDWARE
BILL'S ACE HARDWARE 240503 05/03/2024 INV 605389 04/16/24; INV 6… 101-5097-0000-650016 343568 05/03/2024 98.32 BILL'S ACE HARDWARE 240503 05/03/2024 INV 605308 04/15/24 CH 101-5097-0000-650017 343568 05/03/2024 61.37 Vendor ACE01 - BILL'S ACE HARDWARE Total: 159.69
Vendor: 10110 - BMI IMAGING SYSTEMS, INC.

BMI IMAGING SYSTEMS, INC. 321525 05/03/2024 PO/12004 DOCU SCANNING … 295-1012-0000-630040 343569 05/03/2024 18,412.56 Vendor 10110 - BMI IMAGING SYSTEMS, INC. Total: 18,412.56 Vendor: BOM01 - BOMAC'S INC
BOMAC'S INC 57828 05/03/2024 PD: REMOVE/ REPLACE HAR… 101-5097-0000-650016 343570 05/03/2024 611.50 Vendor BOM01 - BOMAC'S INC Total: 611.50
Vendor: CAL20 - CALIFORNIA HOUSING DEFENSE FUND
CALIFORNIA HOUSING DEFE… 240503 05/03/2024 RE: REIMB OF ATTORNEY'S F… 101-1015-0000-680050 343571 05/03/2024 16,000.00 Vendor CAL20 - CALIFORNIA HOUSING DEFENSE FUND Total: 16,000.00 Vendor: CAL51 - CALTRONICS BUSINESS SYSTEMS
CALTRONICS BUSINESS SYST… 4058476 05/03/2024 COPIER MAINT FOR PD AND … 401-1012-0000-650031 343572 05/03/2024 730.30 CALTRONICS BUSINESS SYST… 4058476 05/03/2024 COPIER MAINT FOR PD AND … 402-2001-0000-650031 343572 05/03/2024 339.03 Vendor CAL51 - CALTRONICS BUSINESS SYSTEMS Total: 1,069.33 Vendor: CIN10 - CINTAS CORPORATION #38K
CINTAS CORPORATION #38K 240503 05/03/2024 INV 4190961419 101-5097-0000-620133 343573 05/03/2024 949.92 CINTAS CORPORATION #38K 240503 05/03/2024 INV 4190315587 04/22/24 101-5097-0000-620133 343573 05/03/2024 875.18 CINTAS CORPORATION #38K 240503 05/03/2024 INV 4189548912 101-5097-0000-620133 343573 05/03/2024 875.18 CINTAS CORPORATION #38K 240503 05/03/2024 INV 4188844903 04/15/24 101-5097-0000-620133 343573 05/03/2024 875.18 CINTAS CORPORATION #38K 240503 05/03/2024 INV 4188128505 04/01/24 101-5097-0000-620133 343573 05/03/2024 875.18 Vendor CIN10 - CINTAS CORPORATION #38K Total: 4,450.64
Vendor: CON56 - CONCORD UNIFORMS LLC
CONCORD UNIFORMS LLC 240503 05/03/2024 PD: UNIFORM ITEMS DOR DI… 101-2001-0000-612290 343574 05/03/2024 270.69 Vendor CON56 - CONCORD UNIFORMS LLC Total: 270.69
Vendor: CCC54 - CONTRA COSTA COUNTY HEALTH SVCS
CONTRA COSTA COUNTY HE… 0224PHR 05/03/2024 PD: PERSONNEL COSTS FOR … 101-2010-0000-630040 343576 05/03/2024 39,817.26 Vendor CCC54 - CONTRA COSTA COUNTY HEALTH SVCS Total: 39,817.26 Vendor: CON83 - CONTRA COSTA COUNTY
CONTRA COSTA COUNTY 15922 05/03/2024 PD: TELECOMMUNICATIONS …101-2001-0000-670010 343575 05/03/2024 444.00 Vendor CON83 - CONTRA COSTA COUNTY Total: 444.00

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Expense Approval Report Payment Dates: 5/3/2024 - 5/3/2024 5/3/2024 10:24:44 AM Page 3 of 10
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount Vendor: CRI07 - CRIME SCENE CLEANERS INC
CRIME SCENE CLEANERS INC 89397 05/03/2024 CLEANING AND DISINFECTIO… 202-4003-0000-630048 343577 05/03/2024 130.00 Vendor CRI07 - CRIME SCENE CLEANERS INC Total: 130.00
Vendor: DAI02 - DAILY DIGITAL IMAGING
DAILY DIGITAL IMAGING 12069 05/03/2024 PRINTING & MAILING OF D… 501-7010-0000-620113 343578 05/03/2024 992.93 Vendor DAI02 - DAILY DIGITAL IMAGING Total: 992.93
Vendor: DEV01 - DEVIL MOUNTAIN
DEVIL MOUNTAIN 240503 05/03/2024 INV INV313943 04/24/24 101-5097-0000-650053 343579 05/03/2024 73.85 DEVIL MOUNTAIN 240503 05/03/2024 INV INV312831 04/23/24 226-4019-0000-660036 343579 05/03/2024 587.62 DEVIL MOUNTAIN 240503 05/03/2024 INV INV304550 04/09/24 226-4019-0000-660036 343579 05/03/2024 2,800.25 Vendor DEV01 - DEVIL MOUNTAIN Total: 3,461.72
Vendor: DIA11 - DIABLO PRESS
DIABLO PRESS 4031 05/03/2024 PD: CHAIN OF CUSTODY (EVI… 101-2001-0000-620112 343580 05/03/2024 299.98 Vendor DIA11 - DIABLO PRESS Total: 299.98
Vendor: EAS01 - EBMUD PAYMENT CENTER
EBMUD PAYMENT CENTER 240503 05/03/2024 WHITE ZONE 101-5097-0000-670025 343581 05/03/2024 112.84 EBMUD PAYMENT CENTER 240503 05/03/2024 ASSMT. DISTRICT 22 GRAYS… 227-4025-0000-670025 343581 05/03/2024 1,675.46 Vendor EAS01 - EBMUD PAYMENT CENTER Total: 1,788.30
Vendor: BLU03 - FIRE RISK MANAGEMENT SERVICES
FIRE RISK MANAGEMENT SE… 240503 05/03/2024 COBRA BLUE SHIELD HO, V … 101-210037 343583 05/03/2024 1,547.91 FIRE RISK MANAGEMENT SE… 240503A 05/03/2024 COBRA BLUE SHIELD HO, L M…101-210037 343583 05/03/2024 1,547.91 Vendor BLU03 - FIRE RISK MANAGEMENT SERVICES Total: 3,095.82 Vendor: KAI04 - FIRE RISK MANAGEMENT SERVICES
FIRE RISK MANAGEMENT SE… 240503 05/03/2024 KAISER FOR DOWNS, D MAY … 101-2001-0000-612070 343582 05/03/2024 2,540.22 Vendor KAI04 - FIRE RISK MANAGEMENT SERVICES Total: 2,540.22 Vendor: GOR10 - FRANK GORHAM
FRANK GORHAM 240503 05/03/2024 DVWS- STAFF ENGR APR 202… 501-7010-0000-611040 343584 05/03/2024 150.22 Vendor GOR10 - FRANK GORHAM Total: 150.22
Vendor: FUT05 - FUTURE FORD OF CONCORD LL
FUTURE FORD OF CONCORD …240503 05/03/2024 INV 314313 04/16/24 AND I… 101-5097-0000-620065 343585 05/03/2024 160.18 FUTURE FORD OF CONCORD …240503 05/03/2024 INV 427408 04/10/24 AND I… 101-5097-0000-630048 343585 05/03/2024 406.99 Vendor FUT05 - FUTURE FORD OF CONCORD LL Total: 567.17
Vendor: GFO02 - GOVERNMENT FINANCE OFFICERS ASSOCIATION GOVERNMENT FINANCE OFF… NOTICE # 2453003 05/03/2024 MEMBERSHIP REN ERICK C/… 101-1010-0000-620121 343586 05/03/2024 250.00 Vendor GFO02 - GOVERNMENT FINANCE OFFICERS ASSOCIATION Total: 250.00 Vendor: 10045 - GRADE TECH
GRADE TECH PP2 05/03/2024 2023 INTERSECTION & CROS… 301-5151-0000-800030 343555 05/03/2024 479,566.65 Vendor 10045 - GRADE TECH Total: 479,566.65

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Expense Approval Report Payment Dates: 5/3/2024 - 5/3/2024 5/3/2024 10:24:44 AM Page 4 of 10
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount Vendor: GRA04 - GRAINGER
GRAINGER 9070500690 05/03/2024 SUPPLIES: SLOAN FAUCET- LI… 103-5105-0000-650017 343587 05/03/2024 349.56 Vendor GRA04 - GRAINGER Total: 349.56
Vendor: HEA04 - HEALTH CARE DENTAL TRUST
HEALTH CARE DENTAL TRUST 240503 05/03/2024 CITY PAID DENTAL CATALAN… 101-1005-0000-612090 343588 05/03/2024 87.71 HEALTH CARE DENTAL TRUST 240503A 05/03/2024 CITY PAID DENTAL ENEA MAY…101-2001-0000-612090 343588 05/03/2024 126.70 HEALTH CARE DENTAL TRUST 240503B 05/03/2024 CITY PAID DENTAL RODRIGU… 101-1010-0000-612090 343588 05/03/2024 51.80 HEALTH CARE DENTAL TRUST 240503C 05/03/2024 CITY PAID DENTAL BRIGGS M…101-3001-0000-612090 343588 05/03/2024 87.71 HEALTH CARE DENTAL TRUST 240503D 05/03/2024 COBRA DENTAL McCARTHY,… 101-210037 343588 05/03/2024 51.80 HEALTH CARE DENTAL TRUST 240503E 05/03/2024 COBRA DENTAL DOWNS MAY…101-210037 343588 05/03/2024 121.81 HEALTH CARE DENTAL TRUST 240503F 05/03/2024 COBRA DENTAL CREESE, B … 101-210037 343588 05/03/2024 87.71 HEALTH CARE DENTAL TRUST 240503G 05/03/2024 COBRA DENTAL ZEDD, B MAY…101-210037 343588 05/03/2024 126.70 HEALTH CARE DENTAL TRUST 240503H 05/03/2024 COBRA DENTAL HO, L MAY 2…101-210037 343588 05/03/2024 75.84 Vendor HEA04 - HEALTH CARE DENTAL TRUST Total: 817.78
Vendor: JOS01 - JOSEPH'S LAWNMOWER & LOCK INC.

JOSEPH'S LAWNMOWER & L… 240503 05/03/2024 INV 380158 04/09/24 101-5097-0000-660036 343589 05/03/2024 244.70 JOSEPH'S LAWNMOWER & L… 240503 05/03/2024 INV 379762 04/24/24 101-5097-0000-660036 343589 05/03/2024 68.49 Vendor JOS01 - JOSEPH'S LAWNMOWER & LOCK INC. Total: 313.19 Vendor: KEE01 - KEENTEK, INC.

KEENTEK, INC. 777-04-86 05/03/2024 NEATBAR AND TOUCHPANEL…402-2001-0000-710844 343590 05/03/2024 4,635.00 Vendor KEE01 - KEENTEK, INC. Total: 4,635.00
Vendor: CUR06 - L.N. CURTIS & SONS
L.N. CURTIS & SONS INV815091 05/03/2024 PD: SHIRT FOR OFFICER FILIP… 101-2001-0000-612290 343591 05/03/2024 148.23 Vendor CUR06 - L.N. CURTIS & SONS Total: 148.23
Vendor: LEP01 - LEPTIEN, CRONIN, COOPER
LEPTIEN, CRONIN, COOPER 33522 05/03/2024 SHELLY DR TITLE SEARCH- PA… 231-5065-0000-630018 343592 05/03/2024 1,650.00 Vendor LEP01 - LEPTIEN, CRONIN, COOPER Total: 1,650.00
Vendor: THO01 - MARGARET THORNTON
MARGARET THORNTON 240503 05/03/2024 RETIREE MEDICAL FOR MAY … 101-1019-0000-612210 343593 05/03/2024 205.90 Vendor THO01 - MARGARET THORNTON Total: 205.90
Vendor: MCF03 - MCFARLAND, LEAH
MCFARLAND, LEAH 240503 05/03/2024 PHPA MED PREM PMT REIMB…101-1019-0000-612210 343594 05/03/2024 1,000.00 Vendor MCF03 - MCFARLAND, LEAH Total: 1,000.00
Vendor: WOR10 - MEL SERVICES INCORPORATED DBA WORKERS.COM MEL SERVICES INCORPORAT… 240503 05/03/2024 INV 138599 04/19/24 37.50… 231-5020-0000-800030 343595 05/03/2024 1,597.86 MEL SERVICES INCORPORAT… 240503 05/03/2024 INV 138643 04/26/24 37.50/… 231-5020-0000-800030 343595 05/03/2024 1,646.56 Vendor WOR10 - MEL SERVICES INCORPORATED DBA WORKERS.COM Total: 3,244.42 Vendor: NEA24 - NEARMAP US, INC.

NEARMAP US, INC. INV01193031 05/03/2024 NEARMAP OBLIQUE FOR GO… 401-1012-0000-710841 343596 05/03/2024 6,000.00 Vendor NEA24 - NEARMAP US, INC. Total: 6,000.00

9.2.a
Packet Pg. 12
Expense Approval Report Payment Dates: 5/3/2024 - 5/3/2024 5/3/2024 10:24:44 AM Page 5 of 10
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount Vendor: NUN01 - NUNES, JAMES R.

NUNES, JAMES R. 240503 05/03/2024 RETIREE MEDICAL FOR MAY … 101-1019-0000-612210 343597 05/03/2024 162.00 Vendor NUN01 - NUNES, JAMES R. Total: 162.00
Vendor: OFF20 - OFFICE DEPOT, INC
OFFICE DEPOT, INC 362326124001 05/03/2024 PD: WRIST REST 101-2001-0000-660016 343598 05/03/2024 10.91 OFFICE DEPOT, INC 362326459001 05/03/2024 PD: MOUSEPAD AND USB DE… 101-2001-0000-660016 343598 05/03/2024 38.00 OFFICE DEPOT, INC 362548229001 05/03/2024 PD: BINDERS, INDEX TABS, E… 101-2001-0000-660016 343598 05/03/2024 22.45 OFFICE DEPOT, INC 362549088001 05/03/2024 PD: BINDER PCKETS 101-2001-0000-660016 343598 05/03/2024 6.11 OFFICE DEPOT, INC 362549089001 05/03/2024 PD: SCISSORS 101-2001-0000-660016 343598 05/03/2024 4.52 OFFICE DEPOT, INC 363224347001 05/03/2024 PD: STAMP 101-2001-0000-660016 343598 05/03/2024 90.67 OFFICE DEPOT, INC 363246282001 05/03/2024 PD: CARDS, FOLDERS, ETC 101-2001-0000-660016 343598 05/03/2024 30.67 Vendor OFF20 - OFFICE DEPOT, INC Total: 203.33
Vendor: ONE09 - ONE DIVERSIFIED LLC
ONE DIVERSIFIED LLC INV PRIN-000040618 05/03/2024 INV PRIN-000040618 02/25/… 401-1012-0000-710841 343599 05/03/2024 23,638.81 ONE DIVERSIFIED LLC INV PRIN-000040619 05/03/2024 INV PRIN-000040619 02/29/… 401-1012-0000-710844 343599 05/03/2024 4,601.15 ONE DIVERSIFIED LLC INV PRIN-000040622 05/03/2024 COUNCIL CHAMBERS AUDIO… 401-1012-0000-710841 343599 05/03/2024 879.76 ONE DIVERSIFIED LLC PRIN-000040619 05/03/2024 INV PRIN-000040619 02/29/… 401-1012-0000-710841 343599 05/03/2024 609.21 ONE DIVERSIFIED LLC PRIN-000040620 05/03/2024 COUNCIL CHAMBERS AUDIO… 401-1012-0000-660024 343599 05/03/2024 251.61 Vendor ONE09 - ONE DIVERSIFIED LLC Total: 29,980.54
Vendor: PAK01 - PAKPOUR CONSULTING GROUP,
PAKPOUR CONSULTING GRO… 4413 RD#1645 05/03/2024 INV 4413 RD# 1645 PROV ON…101-220013 343600 05/03/2024 255.00 PAKPOUR CONSULTING GRO… INV 4414 RD# 1565 05/03/2024 INV 4414 RD# 1565 PROV ON…101-220013 343600 05/03/2024 255.00 PAKPOUR CONSULTING GRO… INV 4415 RD# 1664 05/03/2024 INV 4415 RD# 1664 PROV ON…101-220013 343600 05/03/2024 340.00 PAKPOUR CONSULTING GRO… INV 4416 RD# 1532 05/03/2024 INV 4416 RD# 1532 PROV ON…101-220013 343600 05/03/2024 4,377.50 PAKPOUR CONSULTING GRO… INV 4417 RD# 1660 05/03/2024 INV 4417 RD# 1660 PROV ON…101-220013 343600 05/03/2024 3,697.50 Vendor PAK01 - PAKPOUR CONSULTING GROUP, Total: 8,925.00 Vendor: PGE01 - PG&E
PG&E 240503 05/03/2024 SUMM BLG- SAFETY ST LGHT… 221-1020-0000-670015 343602 05/03/2024 2,046.60 PG&E ACCT 1090540129-4 05/03/2024 PD: ELECTRICITY ACCT 10905… 101-2001-0000-670015 343601 05/03/2024 7,118.14 PG&E ACCT 2099200650-0 05/03/2024 SUMM BLG- AD22 LGHTG SV… 227-4025-0000-670015 343602 05/03/2024 271.46 PG&E ACCT 4757183615-5 05/03/2024 SUMM BLG- PUB SVCS CEN E… 101-5097-0000-670015 343603 05/03/2024 2,593.93 Vendor PGE01 - PG&E Total: 12,030.13
Vendor: FOU02 - PLEASANT HILL 4TH OF JULY COMMISSION
PLEASANT HILL 4TH OF JULY … 240503 05/03/2024 PLEASANT HILL 4th OF JULY … 101-4002-0000-700045 343604 05/03/2024 15,000.00 Vendor FOU02 - PLEASANT HILL 4TH OF JULY COMMISSION Total: 15,000.00 Vendor: PLE20 - PLEASANT HILL RECREATION & PARK DISTRICT PLEASANT HILL RECREATION… 240503 05/03/2024 SENIOR NUTRITION PROG A… 101-4002-0000-700030 343605 05/03/2024 16,000.00 Vendor PLE20 - PLEASANT HILL RECREATION & PARK DISTRICT Total: 16,000.00 Vendor: PRA01 - PRATT, JOHN F.

PRATT, JOHN F. 240503 05/03/2024 RETIREE MEDICAL FOR MAY … 101-1019-0000-612210 343606 05/03/2024 1,909.05 Vendor PRA01 - PRATT, JOHN F. Total: 1,909.05

9.2.a
Packet Pg. 13
Expense Approval Report Payment Dates: 5/3/2024 - 5/3/2024 5/3/2024 10:24:44 AM Page 6 of 10
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount Vendor: ALL02 - REPUBLIC SERVICES
REPUBLIC SERVICES 240503 05/03/2024 SVCS- CURBSIDE OIL COLLECT…201-4009-0000-630040 343607 05/03/2024 879.85 Vendor ALL02 - REPUBLIC SERVICES Total: 879.85
Vendor: SCI03 - SCIARONI, JACK
SCIARONI, JACK 240503 05/03/2024 DVWS- CHIEF ENGR FOR APR… 501-7010-0000-611040 343608 05/03/2024 546.25 Vendor SCI03 - SCIARONI, JACK Total: 546.25
Vendor: STE24 - STEVENS PRINTING
STEVENS PRINTING 240503 05/03/2024 Tech Support Grant Reimbur… 295-4001-0000-700115 343609 05/03/2024 7,500.00 Vendor STE24 - STEVENS PRINTING Total: 7,500.00
Vendor: SUM05 - SUMMIT SPRINGS WATER COMPANY
SUMMIT SPRINGS WATER C… 240503 05/03/2024 INV 394463 MAR 2024 101-5097-0000-660016 343610 05/03/2024 5.98 SUMMIT SPRINGS WATER C… 240503 05/03/2024 INV 394659 MAR 2024 101-5097-0000-660016 343610 05/03/2024 25.95 Vendor SUM05 - SUMMIT SPRINGS WATER COMPANY Total: 31.93 Vendor: SYL24 - SYLINT, LLC
SYLINT, LLC 20028 05/03/2024 FEB 2024 RANSOMEWARE I… 101-1015-0000-680050 343611 05/03/2024 5,510.00 Vendor SYL24 - SYLINT, LLC Total: 5,510.00
Vendor: T-M02 - T-MOBILE USA, INC
T-MOBILE USA, INC 9565088812 05/03/2024 PD: INVESTIGATIONS PH TRA… 101-2001-0000-670020 343612 05/03/2024 25.00 T-MOBILE USA, INC 9565181174 05/03/2024 PD: INVESTIGATIONS PH TRA… 101-2001-0000-670020 343612 05/03/2024 515.00 T-MOBILE USA, INC 9565181175 05/03/2024 PD: INVESTIGATIONS PH TRA… 101-2001-0000-670020 343613 05/03/2024 515.00 Vendor T-M02 - T-MOBILE USA, INC Total: 1,055.00
Vendor: 10112 - TOWILL, INC.

TOWILL, INC. 03-5031 RD#1765 05/03/2024 ACTING CT SUR & LND SUR S… 101-220013 343614 05/03/2024 2,235.00 Vendor 10112 - TOWILL, INC. Total: 2,235.00
Vendor: VIS05 - VISION SERVICE PLAN- (CA)
VISION SERVICE PLAN- (CA) 240503 05/03/2024 COBRA VISION ( PREMIUM D… 101-210037 343615 05/03/2024 15.22 VISION SERVICE PLAN- (CA) 240503A 05/03/2024 COBRA VISION (PREMIUM D… 101-210037 343615 05/03/2024 15.22 Vendor VIS05 - VISION SERVICE PLAN- (CA) Total: 30.44
Vendor: VIS08 - VISIONEERS INTEGRATED SYSTEMS, INC.

VISIONEERS INTEGRATED SY… 177256 05/03/2024 BRIVO DOOR LICENSING 2024 401-1012-0000-650035 343616 05/03/2024 2,440.00 Vendor VIS08 - VISIONEERS INTEGRATED SYSTEMS, INC. Total: 2,440.00 Vendor: VOO01 - VOORHIES, CLAIRE
VOORHIES, CLAIRE 240503 05/03/2024 DVWS-SEC & DISPA APR 2024…501-7010-0000-611040 343617 05/03/2024 409.68 Vendor VOO01 - VOORHIES, CLAIRE Total: 409.68
Vendor: ACE21 - WESTLAKE ACE HARDWARE
WESTLAKE ACE HARDWARE 240503 05/03/2024 INV 17600400 04/18/24 101-5097-0000-650053 343618 05/03/2024 29.48 WESTLAKE ACE HARDWARE 240503 05/03/2024 INV 17600394 4/10/24; INV … 101-5097-0000-660029 343618 05/03/2024 49.44 WESTLAKE ACE HARDWARE 240503 05/03/2024 INV 70150326 4/16/24 ; INV … 101-5097-0000-660036 343618 05/03/2024 160.89 WESTLAKE ACE HARDWARE 240503 05/03/2024 INV 17600409 04/25/24 226-4023-0000-660036 343618 05/03/2024 128.85 Vendor ACE21 - WESTLAKE ACE HARDWARE Total: 368.66

9.2.a
Packet Pg. 14
Expense Approval Report Payment Dates: 5/3/2024 - 5/3/2024 5/3/2024 10:24:44 AM Page 7 of 10
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount Vendor: WEX01 - WEX BANK
WEX BANK 96489631 05/03/2024 PD: GAS CARDS FOR THE PD … 101-2001-0000-620062 343619 05/03/2024 180.23 Vendor WEX01 - WEX BANK Total: 180.23
Vendor: WIL27 - WILLIAM R. GRAY AND COMPA
WILLIAM R. GRAY AND COM… 240503 05/03/2024 INV 22212 03/04/24 801-6002-0000-611010 343620 05/03/2024 21,955.74 WILLIAM R. GRAY AND COM… 240503 05/03/2024 INV 22183 01/29/24 801-6002-0000-611010 343620 05/03/2024 20,887.70 Vendor WIL27 - WILLIAM R. GRAY AND COMPA Total: 42,843.44 Grand Total: 839,392.74

9.2.a
Packet Pg. 15
Expense Approval Report Payment Dates: 5/3/2024 - 5/3/2024 5/3/2024 10:24:44 AM Page 8 of 10
Report Summary
Fund Summary
Fund Payment Amount
101 - GENERAL FUND 168,695.48
103 - MEASURE K FUND 349.56
107 - LIBRARY CONSTRUCTION FUND (MEASURE K) 25,000.00
201 - WASTE MANAGEMENT/RECYCLING FUND 879.85
202 - SENIOR VAN SERVICES FUND 130.00
221 - UNIFIED LIGHTING DISTRICT FUND 2,046.60
226 - COMMERCIAL LANDSCAPE & LIGHTING - DISTRICT … 3,516.72 227 - LANDSCAPE AND LIGHTING-ASSESSMENT DISTRICT… 1,946.92 231 - NPDES/STORMWATER 4,894.42
241 - SUPPLEMENTAL LAW ENFORCEMENT SERVICES FU… 8,061.65 243 - TRAFFIC SAFETY FUND 4,519.31
295 - AMERICAN RESCUE PLAN ACT (ARPA) FUND 25,912.56
301 - GAS TAX FUND 483,096.61
401 - CITY HALL/PUBLIC SERVICE CENTER TECHNOLOGY … 60,335.84 402 - PD TECHNOLOGY FUND 5,064.70
501 - DIABLO VISTA WATER FUND 2,099.08
801 - TRANSPAC FUND 42,843.44
Grand Total: 839,392.74
Account Summary
Account Number Account Name Payment Amount
101-1005-0000-612090 INSURANCE/DENTAL 87.71
101-1007-0000-630013 OUTSIDE COUNSEL/LITI… 610.00
101-1007-0000-630040 CONTRACTUAL SVC 35,085.00
101-1010-0000-612090 INSURANCE/DENTAL 51.80
101-1010-0000-620121 MEMBERSHIP 250.00
101-1012-0000-670020 UTIL/TELEPHONE 260.74
101-1015-0000-680050 INSURANCE/LEGAL SETT… 21,510.00
101-1019-0000-612210 SICK LEAVE CONVERSIO… 3,276.95
101-2001-0000-612070 INSURANCE/KAISER 2,540.22
101-2001-0000-612090 INSURANCE/DENTAL 126.70
101-2001-0000-612290 UNIFORM/PD OTHER AC… 418.92
101-2001-0000-620062 AUTO/GASOLINE 180.23
101-2001-0000-620112 ADVERTISING 299.98
101-2001-0000-660014 SUPPLIES/OPERATING 170.46
101-2001-0000-660016 SUPPLIES/OFFICE 203.33
101-2001-0000-670010 UTIL/COMMUNCTNS 444.00
101-2001-0000-670015 UTIL/GAS-ELECTR 7,118.14
101-2001-0000-670020 UTIL/TELEPHONE 1,055.00
101-2010-0000-630040 CONTRACTUAL SVC 39,817.26

9.2.a
Packet Pg. 16
Expense Approval Report Payment Dates: 5/3/2024 - 5/3/2024 5/3/2024 10:24:44 AM Page 9 of 10
Account Summary
Account Number Account Name Payment Amount
101-210037 COBRA - HEALTH BENEFI… 3,590.12
101-220013 REFUNDABLE DEPOSITS … 11,160.00
101-3001-0000-612090 INSURANCE/DENTAL 87.71
101-4002-0000-700030 SENIOR CITIZEN NUTRIT… 16,000.00
101-4002-0000-700045 FOURTH OF JULY COMM… 15,000.00
101-5097-0000-620065 AUTO/PRTS/TIRES 160.18
101-5097-0000-620133 UNIFORM MAINTENANC… 4,450.64
101-5097-0000-630048 AUTO/OUTSD SVCS 406.99
101-5097-0000-650016 MAINT/PD BLDG 709.82
101-5097-0000-650017 MAINT/CH BLDG 61.37
101-5097-0000-650053 LANDSCAPING-CITY HALL 103.33
101-5097-0000-660016 SUPPLIES/OFFICE 31.93
101-5097-0000-660029 SUPPLIES/GRAFITTI RE… 49.44
101-5097-0000-660030 SUPPLIES/SIGN MATERI… 196.66
101-5097-0000-660036 SUPPLIES/LAND MATERI… 474.08
101-5097-0000-670015 UTIL/GAS-ELECTR 2,593.93
101-5097-0000-670025 UTIL/WATER 112.84
103-5105-0000-650017 MAINT/CH BLDG 349.56
107-5105-0000-800030 CONSTRUCTION 25,000.00
201-4009-0000-630040 CONTRACTUAL SVC 879.85
202-4003-0000-630048 AUTO/OUTSD SVCS 130.00
221-1020-0000-670015 UTIL/GAS-ELECTR 2,046.60
226-4019-0000-660036 SUPPLIES/LAND MATERI… 3,387.87
226-4023-0000-660036 SUPPLIES/LAND MATERI… 128.85
227-4025-0000-670015 UTIL/GAS-ELECTR 271.46
227-4025-0000-670025 UTIL/WATER 1,675.46
231-5020-0000-800030 CONSTRUCTION 3,244.42
231-5065-0000-630018 MISC OUTSD SVCS 1,650.00
241-2001-0000-710844 CAPITAL ASSETS-EQUIP… 8,061.65
243-2001-0000-630040 CONTRACTUAL SVC 4,519.31
295-1012-0000-630040 CONTRACTUAL SVC 18,412.56
295-4001-0000-700115 GRANT LOANS RETAIL M… 7,500.00
301-5137-0000-630034 ENGINEERING 3,529.96
301-5151-0000-800030 CONSTRUCTION 479,566.65
401-1012-0000-630040 CONTRACTUAL SVC 21,000.00
401-1012-0000-650031 MAINT/CPY MCHNS 730.30
401-1012-0000-650035 MAINT/HARDWARE 2,440.00
401-1012-0000-660024 SUPPLIES/NON CAPITALI… 436.61
401-1012-0000-710841 CAPITAL ASSETS-SOFTW… 31,127.78
401-1012-0000-710844 CAPITAL ASSETS-EQUIP… 4,601.15
402-2001-0000-650031 MAINT/CPY MCHNS 339.03
402-2001-0000-660024 SUPPLIES/NON CAPITALI… 90.67

9.2.a
Packet Pg. 17
Expense Approval Report Payment Dates: 5/3/2024 - 5/3/2024 5/3/2024 10:24:44 AM Page 10 of 10
Account Summary
Account Number Account Name Payment Amount
402-2001-0000-710844 CAPITAL ASSETS-EQUIP… 4,635.00
501-7010-0000-611040 SALARY-PART TIME PER… 1,106.15
501-7010-0000-620113 POSTAGE 992.93
801-6002-0000-611010 SALARY-PERMANENT 42,843.44
Grand Total: 839,392.74
Project Account Summary
Project Account Key Payment Amount
**None** 839,392.74
Grand Total: 839,392.74
2024-05-03

9.2.a
Packet Pg. 18
5/10/2024 8:57:43 AM Page 1 of 9
Expense Approval Report
Pleasant Hill, CA By Vendor Name
Payment Dates 5/10/2024 - 5/10/2024
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount Vendor: AAA05 - AAA BUSINESS SUPPLIES
AAA BUSINESS SUPPLIES 2342102-0 05/10/2024 PSC: COPY PAPER: HAM8670… 101-5097-0000-660016 343621 05/10/2024 85.87 Vendor AAA05 - AAA BUSINESS SUPPLIES Total: 85.87
Vendor: AAN01 - AANTEX PEST CONTROL
AANTEX PEST CONTROL 574458 05/10/2024 PSC: MONTHLY PEST CONTR… 101-5097-0000-650016 343622 05/10/2024 80.00 Vendor AAN01 - AANTEX PEST CONTROL Total: 80.00
Vendor: ACC04 - ACCESS
ACCESS 10897441 05/10/2024 SHREDDING BIN SVC- RECOR… 101-1016-0000-630040 343623 05/10/2024 1,105.38 Vendor ACC04 - ACCESS Total: 1,105.38
Vendor: ALH01 - ALHAMBRA
ALHAMBRA 19647259 042724 05/10/2024 DRINKING WTR CH FRM STM…101-1016-0000-660016 343624 05/10/2024 468.75 Vendor ALH01 - ALHAMBRA Total: 468.75
Vendor: ACM02 - ALL CITY MANAGEMENT SERVICES, INC.

ALL CITY MANAGEMENT SER… 93109 05/10/2024 PD: CROSSING GUARD SVCS: …243-2001-0000-630040 343625 05/10/2024 8,138.57 Vendor ACM02 - ALL CITY MANAGEMENT SERVICES, INC. Total: 8,138.57 Vendor: AMA05 - AMAZON CAPITAL SERVICES
AMAZON CAPITAL SERVICES 13CF-CHKW-HYP6 05/10/2024 SHIPPING LABELS FOR EVIDE… 402-2001-0000-660024 343630 05/10/2024 43.22 AMAZON CAPITAL SERVICES 19TV-64XR-VCM9 05/10/2024 2 SETS OF AVERY 5 TAB DIV … 101-1016-0000-660016 343629 05/10/2024 55.28 AMAZON CAPITAL SERVICES 1D77-VJLG-W9DY 05/10/2024 TOPS DOCKET GOLD WRITIN… 101-4001-0000-660016 343627 05/10/2024 29.13 AMAZON CAPITAL SERVICES 1DTD-PW3C-4LYL 05/10/2024 2 PCKGS OF 3 RNG BINDERS … 101-1016-0000-660016 343628 05/10/2024 57.44 AMAZON CAPITAL SERVICES 1VTG-MHGK-4K4J 05/10/2024 BINDERS FOR CITY CLERK'S O… 101-1016-0000-660016 343626 05/10/2024 55.20 Vendor AMA05 - AMAZON CAPITAL SERVICES Total: 240.27
Vendor: 10141 - AMERICAN RIVER COLLEGE
AMERICAN RIVER COLLEGE 240510 05/10/2024 PD: FTO UPDATE SCHOOL (SI… 101-2001-0000-640011 343631 05/10/2024 90.00 Vendor 10141 - AMERICAN RIVER COLLEGE Total: 90.00
Vendor: AME01 - AMERICAN TOW
AMERICAN TOW 1092 05/10/2024 PD: TOWING FROM N MAIN … 101-2001-0000-650051 343632 05/10/2024 195.00 Vendor AME01 - AMERICAN TOW Total: 195.00
Vendor: ARM03 - ARMOUR PETROLEUM SVC & EQUIPMENT CORP.

ARMOUR PETROLEUM SVC &…240510 05/10/2024 INV WO-26598 4/30/24 PSC 101-5097-0000-630040 343633 05/10/2024 998.00 ARMOUR PETROLEUM SVC &…240510 05/10/2024 INV WO-26596 4/30/24 PD 101-5097-0000-630040 343633 05/10/2024 748.00 ARMOUR PETROLEUM SVC &…240510A 05/10/2024 INV WO-26599 4/30/24 PSC 101-5097-0000-630040 343633 05/10/2024 785.00 ARMOUR PETROLEUM SVC &…240510A 05/10/2024 INV WO-26597 4/30/24 PD 101-5097-0000-630040 343633 05/10/2024 785.00 ARMOUR PETROLEUM SVC &…WO-26786 05/10/2024 PD & PSC: UST OPERATOR IN… 101-5097-0000-630040 343633 05/10/2024 356.00 Vendor ARM03 - ARMOUR PETROLEUM SVC & EQUIPMENT CORP. Total: 3,672.00

9.2.a
Packet Pg. 19
Expense Approval Report Payment Dates: 5/10/2024 - 5/10/2024 5/10/2024 8:57:43 AM Page 2 of 9
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount Vendor: ATT21 - AT&T
AT&T 503713 05/10/2024 PD: PHONE SVCS FOR INVEST…101-2001-0000-670020 343634 05/10/2024 195.00 Vendor ATT21 - AT&T Total: 195.00
Vendor: HOR02 - BLINK TAG INC
BLINK TAG INC 0003044 05/10/2024 TRANSPAK - PROGRAMMING…801-6002-0000-630040 343635 05/10/2024 245.00 Vendor HOR02 - BLINK TAG INC Total: 245.00
Vendor: BMO23 - BMO BANK N.A. COMMERCIAL CARD
BMO BANK N.A. COMMERCI… 240510 05/10/2024 CH STAFF CC-STMT 4/28/24 … 101-200030 343636 05/10/2024 23,862.78 Vendor BMO23 - BMO BANK N.A. COMMERCIAL CARD Total: 23,862.78 Vendor: BOU02 - BOUND TREE MEDICAL, LLC
BOUND TREE MEDICAL, LLC 85320196 05/10/2024 PD: CPR MANIKINS 101-2001-0000-660014 343637 05/10/2024 454.33 Vendor BOU02 - BOUND TREE MEDICAL, LLC Total: 454.33
Vendor: AND06 - CHRISTOPHER ANDERSON
CHRISTOPHER ANDERSON 240510 05/10/2024 GAS EXPENSE DEPT VEHI FUN…101-2001-0000-630033 343638 05/10/2024 125.63 Vendor AND06 - CHRISTOPHER ANDERSON Total: 125.63
Vendor: CIT13 - CITY OF PINOLE
CITY OF PINOLE 240510 05/10/2024 ATTN FOR VICE MAYOR SUE … 101-1001-0000-700020 343639 05/10/2024 140.00 Vendor CIT13 - CITY OF PINOLE Total: 140.00
Vendor: COM47 - COMCAST
COMCAST 001001226674 05/10/2024 PD: MONTHLY INTERNET SVC…101-2001-0000-670010 343640 05/10/2024 1,023.76 Vendor COM47 - COMCAST Total: 1,023.76
Vendor: LAW08 - CONTRA COSTA COUNTY OFFICE OF THE SHERIFF CONTRA COSTA COUNTY OFF…24-3646 05/10/2024 PD: RANGE TRAINING FOR T… 101-2001-0000-640011 343641 05/10/2024 875.00 Vendor LAW08 - CONTRA COSTA COUNTY OFFICE OF THE SHERIFF Total: 875.00 Vendor: CCW01 - CONTRA COSTA WATER DISTRICT
CONTRA COSTA WATER DIST… 240510 05/10/2024 WHITE ZONE 101-5097-0000-670025 343642 05/10/2024 4,835.87 CONTRA COSTA WATER DIST… 240510 05/10/2024 ACCT 3030495; 3040599 4/1… 103-5105-0000-670025 343642 05/10/2024 1,094.95 CONTRA COSTA WATER DIST… 240510 05/10/2024 BLUE ZONE 1 226-4019-0000-670025 343642 05/10/2024 7,684.59 CONTRA COSTA WATER DIST… 240510 05/10/2024 ACCT 3014650 4/18/24 ZONE…226-4021-0000-670025 343642 05/10/2024 227.69 CONTRA COSTA WATER DIST… 240510 05/10/2024 ACCT 3058543 4/15/24 BLUE…226-4023-0000-670025 343642 05/10/2024 135.20 CONTRA COSTA WATER DIST… 240510 05/10/2024 ACCT 3037645; 3060995 4/1… 226-4024-0000-670025 343642 05/10/2024 2,843.67 CONTRA COSTA WATER DIST… ACCT 3050690 & 3028571 05/10/2024 ACCT 3028571 4/19/24 101-1016-0000-670025 343642 05/10/2024 809.32 CONTRA COSTA WATER DIST… ACCT 3050690 & 3028571 05/10/2024 ACCT 3050690 4/19/24 101-1016-0000-670025 343642 05/10/2024 88.12 Vendor CCW01 - CONTRA COSTA WATER DISTRICT Total: 17,719.41 Vendor: CON83 - COUNTY OF CONTRA COSTA
COUNTY OF CONTRA COSTA 15433 (ACCT#9258) 05/10/2024 RADIO SVCS FOR PHPD- 20 M…402-2001-0000-630016 343643 05/10/2024 8,501.20 Vendor CON83 - COUNTY OF CONTRA COSTA Total: 8,501.20
Vendor: CRI07 - CRIME SCENE CLEANERS INC
CRIME SCENE CLEANERS INC 89324 05/10/2024 PD: CLEAN-UP OF CAR 3056 101-2001-0000-630041 343644 05/10/2024 260.00 Vendor CRI07 - CRIME SCENE CLEANERS INC Total: 260.00

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Packet Pg. 20
Expense Approval Report Payment Dates: 5/10/2024 - 5/10/2024 5/10/2024 8:57:43 AM Page 3 of 9
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount Vendor: DEN03 - DENALECT ALARM CO.

DENALECT ALARM CO. 240510 05/10/2024 INV R6032 05/01/24 101-1016-0000-630040 343645 05/10/2024 285.00 DENALECT ALARM CO. 240510 05/10/2024 INV R5480 05/01/24 101-1016-0000-630040 343645 05/10/2024 90.00 Vendor DEN03 - DENALECT ALARM CO. Total: 375.00
Vendor: DEP06 - DEPARTMENT OF JUSTICE
DEPARTMENT OF JUSTICE 733753 05/10/2024 DOJ DOCUMENT PROCESSIN… 101-2001-0000-620123 343646 05/10/2024 194.00 Vendor DEP06 - DEPARTMENT OF JUSTICE Total: 194.00
Vendor: DON03 - DONAGHU GRAPHIC DESIGNS
DONAGHU GRAPHIC DESIGNS 240510 05/10/2024 GRAPHIC DESNG WRK FOR T… 101-4002-0000-620114 343647 05/10/2024 1,944.75 DONAGHU GRAPHIC DESIGNS 240510 05/10/2024 GRAPHIC DESNG WRK FOR T… 201-4009-0000-620114 343647 05/10/2024 648.25 Vendor DON03 - DONAGHU GRAPHIC DESIGNS Total: 2,593.00
Vendor: DTA01 - D-TAC K9
D-TAC K9 3170 05/10/2024 PD: K9 BODIE - APR 2024 TR… 101-2001-0000-630054 343648 05/10/2024 425.00 Vendor DTA01 - D-TAC K9 Total: 425.00
Vendor: EAS01 - EBMUD PAYMENT CENTER
EBMUD PAYMENT CENTER 240510 05/10/2024 MEDIAN IRRIG SVC FEB'24-A… 101-5097-0000-670025 343649 05/10/2024 281.12 Vendor EAS01 - EBMUD PAYMENT CENTER Total: 281.12
Vendor: FRA28 - FRANK AND GROSSMAN LANDSCAPE CONTRACTORS, INC.

FRANK AND GROSSMAN LA… 27880 05/10/2024 MAY 2024 JANITORIAL SVCS … 101-5097-0000-650012 343650 05/10/2024 1,050.00 FRANK AND GROSSMAN LA… 27880 05/10/2024 MAY 2024 JANITORIAL SVCS … 101-5097-0000-650012 343650 05/10/2024 4,500.00 FRANK AND GROSSMAN LA… 27880 05/10/2024 MAY 2024 JANITORIAL SVCS … 101-5097-0000-650012 343650 05/10/2024 6,200.00 FRANK AND GROSSMAN LA… 27880 05/10/2024 MAY 2024 JANITORIAL SVCS L…103-5105-0000-660021 343650 05/10/2024 6,350.00 Vendor FRA28 - FRANK AND GROSSMAN LANDSCAPE CONTRACTORS, INC. Total: 18,100.00 Vendor: GAR17 - GARCIA, AARON
GARCIA, AARON 240510 05/10/2024 GAS EXPENSE DEPT VEH FUN… 101-2001-0000-630033 343651 05/10/2024 230.40 Vendor GAR17 - GARCIA, AARON Total: 230.40
Vendor: GEN10 - GENERAL PLUMBING SUPPLY
GENERAL PLUMBING SUPPLY 240510 05/10/2024 INV S6146713.001 4/16/24 101-5097-0000-650017 343652 05/10/2024 9.20 GENERAL PLUMBING SUPPLY 240510 05/10/2024 INV S6146079.001 4/15/24 101-5097-0000-650017 343652 05/10/2024 7.08 Vendor GEN10 - GENERAL PLUMBING SUPPLY Total: 16.28
Vendor: GRA04 - GRAINGER
GRAINGER 240510 05/10/2024 INV 9097939608;909435999… 101-5097-0000-620065 343653 05/10/2024 143.91 GRAINGER 240510 05/10/2024 INV 9089731617 4/17/24 101-5097-0000-650016 343653 05/10/2024 6.62 GRAINGER 240510 05/10/2024 INV 9089731625 4/17/24 101-5097-0000-650017 343653 05/10/2024 16.49 Vendor GRA04 - GRAINGER Total: 167.02
Vendor: GRO04 - GROCERY OUTLET
GROCERY OUTLET 240510 05/10/2024 PD: SNACKS FOR PD WELLNE… 101-2001-0000-660014 343654 05/10/2024 2,736.63 Vendor GRO04 - GROCERY OUTLET Total: 2,736.63
Vendor: HEI02 - HEIECK SUPPLY
HEIECK SUPPLY 240510 05/10/2024 INV S013734783.001 4/16/24 101-5097-0000-650016 343655 05/10/2024 61.19

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Packet Pg. 21
Expense Approval Report Payment Dates: 5/10/2024 - 5/10/2024 5/10/2024 8:57:43 AM Page 4 of 9
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount HEIECK SUPPLY 240510 05/10/2024 INV S013746448.001 4/29/24 103-5105-0000-650017 343655 05/10/2024 344.88 Vendor HEI02 - HEIECK SUPPLY Total: 406.07
Vendor: HOO01 - HOOVERS COMMERCIAL SERVICES, INC.

HOOVERS COMMERCIAL SER… 8145 05/10/2024 REPAIRING CUBICLES IN BRIE… 101-2001-0000-660024 343656 05/10/2024 883.24 Vendor HOO01 - HOOVERS COMMERCIAL SERVICES, INC. Total: 883.24 Vendor: HYA24 - HYATT HOUSE PH
HYATT HOUSE PH 240510 05/10/2024 OVERPAYMENT OF PHTID 101-200020 343657 05/10/2024 43.02 Vendor HYA24 - HYATT HOUSE PH Total: 43.02
Vendor: IDI58 - IDI
IDI IN678552 05/10/2024 PD: MO SVCS FOR INVESTIGA…101-2001-0000-620122 343658 05/10/2024 270.00 Vendor IDI58 - IDI Total: 270.00
Vendor: KON01 - KONE
KONE 871302959 05/10/2024 ELEVATOR MAINTENANCE 3/…308-2001-0000-650017 343659 05/10/2024 1,528.44 Vendor KON01 - KONE Total: 1,528.44
Vendor: HUN04 - LARRYLOGIC PRODUCTIONS
LARRYLOGIC PRODUCTIONS 2205 05/10/2024 HYBRID MTG PST PROD-VID F…101-1001-0000-630040 343660 05/10/2024 225.00 LARRYLOGIC PRODUCTIONS 2205 05/10/2024 HYBRID CITY COUNCIL MTG … 101-1001-0000-630040 343660 05/10/2024 112.50 Vendor HUN04 - LARRYLOGIC PRODUCTIONS Total: 337.50
Vendor: LEO01 - LEONARD, BRIAN
LEONARD, BRIAN 240510 05/10/2024 GAS REIMB. ADA COUNTY, I… 101-2001-0000-630033 343661 05/10/2024 103.66 Vendor LEO01 - LEONARD, BRIAN Total: 103.66
Vendor: MAC11 - MACIAS GINI & O'CONNELL LLP
MACIAS GINI & O'CONNELL L… 464407 05/10/2024 FINAL FY23 MGO INV RELAT… 101-1010-0000-630015 343662 05/10/2024 1,087.00 Vendor MAC11 - MACIAS GINI & O'CONNELL LLP Total: 1,087.00 Vendor: MCG06 - MCGRAW, AARON
MCGRAW, AARON 240510 05/10/2024 GAS EXPENSE DEP VEH FUN … 101-2001-0000-630033 343663 05/10/2024 225.23 Vendor MCG06 - MCGRAW, AARON Total: 225.23
Vendor: MUN01 - MUNICIPAL POOLING AUTHORITY
MUNICIPAL POOLING AUTH… INV003735 05/10/2024 UNMET LIABILITY DEDUCTIBL…101-1015-0000-680020 343664 05/10/2024 820.97 Vendor MUN01 - MUNICIPAL POOLING AUTHORITY Total: 820.97 Vendor: OFF20 - OFFICE DEPOT, INC
OFFICE DEPOT, INC 347602226001 01/26/2024 PD: PAPER SHREDDER 101-2001-0000-660016 343665 05/10/2024 177.97 OFFICE DEPOT, INC 350429728001 01/26/2024 PD: COFFEE 101-2001-0000-660016 343665 05/10/2024 50.58 OFFICE DEPOT, INC 361730417001 05/10/2024 SHARPIES, BINDER TABS, ETC 101-2001-0000-660016 343665 05/10/2024 91.43 OFFICE DEPOT, INC 363537874001 05/10/2024 PD: HAND SANITIZER 101-2001-0000-660016 343665 05/10/2024 82.71 OFFICE DEPOT, INC 364534038001 05/10/2024 PD: KLEENEX 101-2001-0000-660016 343665 05/10/2024 56.11 Vendor OFF20 - OFFICE DEPOT, INC Total: 458.80
Vendor: PGE01 - PG&E
PG&E 1398597625-0 05/10/2024 CH GAS/ ACCT 1398597625-0…101-1016-0000-670015 343671 05/10/2024 629.24 PG&E 240510 05/10/2024 2 MONTICELLO AVE- LIBRARY…103-5105-0000-670015 343666 05/10/2024 3,535.09

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Packet Pg. 22
Expense Approval Report Payment Dates: 5/10/2024 - 5/10/2024 5/10/2024 8:57:43 AM Page 5 of 9
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount PG&E 3532838416-5 05/10/2024 TRAFFIC SIGNAL- 389 GOLF C… 306-4019-0000-670015 343669 05/10/2024 234.53 PG&E 4107660120-6 05/10/2024 SUMM BLG- UNIFIED ST LIGH…221-1020-0000-670015 343672 05/10/2024 17,176.43 PG&E 5396165398-6 05/10/2024 AD #20 WHITE ZONE 101-5097-0000-670015 343668 05/10/2024 799.42 PG&E 5396165398-6 05/10/2024 AD #20 ZONE 1 226-4019-0000-670015 343668 05/10/2024 4,967.53 PG&E 5396165398-6 05/10/2024 AD #20 ZONE 2 226-4020-0000-670015 343668 05/10/2024 418.70 PG&E 5396165398-6 05/10/2024 AD #20 ZONE 3 226-4021-0000-670015 343668 05/10/2024 694.98 PG&E 5396165398-6 05/10/2024 AD #20 ZONE 4 226-4022-0000-670015 343668 05/10/2024 48.06 PG&E 5396165398-6 05/10/2024 AD #20 ZONE 5 226-4023-0000-670015 343668 05/10/2024 298.02 PG&E 5396165398-6 05/10/2024 AD #20 ZONE 6 226-4024-0000-670015 343668 05/10/2024 2,704.83 PG&E ACCT 1440264289-7 05/10/2024 CH ELEC/ 101-1016-0000-670015 343670 05/10/2024 12,856.42 PG&E ACCT 439282612-1 05/10/2024 BLUE ZONE 3 226-4021-0000-670035 343667 05/10/2024 56.75 PG&E ACCT 439282612-1 05/10/2024 TRAFFIC SIGNALS 306-5107-0000-670015 343667 05/10/2024 2,384.70 Vendor PGE01 - PG&E Total: 46,804.70
Vendor: PIT04 - PITNEY BOWES INC
PITNEY BOWES INC 1025189564 05/10/2024 PD: INK FOR POSTAGE MACH…101-2001-0000-620113 343673 05/10/2024 99.73 Vendor PIT04 - PITNEY BOWES INC Total: 99.73
Vendor: TPF01 - PLEASANT HILL CRESCENT DR. INVESTORS, LLC PLEASANT HILL CRESCENT DR…240510 05/10/2024 DOWNTOWN EXPENSES - AP… 226-4024-0000-630040 343674 05/10/2024 10,647.07 Vendor TPF01 - PLEASANT HILL CRESCENT DR. INVESTORS, LLC Total: 10,647.07 Vendor: PLE20 - PLEASANT HILL RECREATION & PARK DISTRICT PLEASANT HILL RECREATION… 1265-PH-002 05/10/2024 Special Event Sponsorship - J… 101-4001-0000-660040 343675 05/10/2024 9,350.00 Vendor PLE20 - PLEASANT HILL RECREATION & PARK DISTRICT Total: 9,350.00 Vendor: POG01 - POGGIO, JEREMY
POGGIO, JEREMY 240510 05/10/2024 PD: EDUCATION INCENTIVE/ … 101-2001-0000-630033 343676 05/10/2024 500.00 Vendor POG01 - POGGIO, JEREMY Total: 500.00
Vendor: POU24 - POURASEF, PARVIN
POURASEF, PARVIN 240510 05/10/2024 BL #44762 CLOSED 4/30/24 … 101-0000-0000-404010 343677 05/10/2024 148.00 Vendor POU24 - POURASEF, PARVIN Total: 148.00
Vendor: RIN02 - RINN, MATT
RINN, MATT 240510 05/10/2024 REIMB FOR MAYOR FOR A D… 101-1001-0000-640022 343678 05/10/2024 108.90 Vendor RIN02 - RINN, MATT Total: 108.90
Vendor: SPA02 - S.P. AUTOMOTIVE
S.P. AUTOMOTIVE 240510 05/10/2024 AUTO PARTS & TOOLS: INV 5… 101-5097-0000-620065 343679 05/10/2024 582.38 Vendor SPA02 - S.P. AUTOMOTIVE Total: 582.38
Vendor: SAF01 - SAFETY-KLEEN SYSTEMS, INC
SAFETY-KLEEN SYSTEMS, INC 94272510 05/10/2024 WASHER SVC, OIL DELIVERY … 101-5097-0000-620065 343680 05/10/2024 993.15 Vendor SAF01 - SAFETY-KLEEN SYSTEMS, INC Total: 993.15
Vendor: THE20 - THE TUCKER GROUP
THE TUCKER GROUP 240510 05/10/2024 BL #42851 Paid by credit card…101-0000-0000-404010 343681 05/10/2024 701.00 Vendor THE20 - THE TUCKER GROUP Total: 701.00

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Packet Pg. 23
Expense Approval Report Payment Dates: 5/10/2024 - 5/10/2024 5/10/2024 8:57:43 AM Page 6 of 9
Vendor Name Payable Number Post Date Description (Item) Account Number Payment Number Payment Date Amount Vendor: TOT24 - TOTAL IMAGING SOLUTIONS, LLC
TOTAL IMAGING SOLUTIONS,…21124 05/10/2024 MICROFICHE SCANNING MA… 402-2001-0000-710844 343682 05/10/2024 4,961.70 Vendor TOT24 - TOTAL IMAGING SOLUTIONS, LLC Total: 4,961.70 Vendor: USP02 - UNITED STATES POSTAL SERVICE
UNITED STATES POSTAL SERV…240510 05/10/2024 CHECK FOR POSTAGE METER,…101-2001-0000-620113 343683 05/10/2024 1,500.00 Vendor USP02 - UNITED STATES POSTAL SERVICE Total: 1,500.00 Vendor: AST02 - WAVE
WAVE 103860301-0010797 05/10/2024 DRK FIBER MAINT FOR CONN…402-2001-0000-650035 343685 05/10/2024 520.15 Vendor AST02 - WAVE Total: 520.15
Vendor: AST03 - WAVE
WAVE 103859701-0010797 05/10/2024 CH INTERNET CONN ACCT 15… 401-1012-0000-670010 343684 05/10/2024 943.20 Vendor AST03 - WAVE Total: 943.20
Vendor: WES77 - WEST AFRICAN HIGHLIFE BAND
WEST AFRICAN HIGHLIFE BA… 240510 05/10/2024 50% DEP FOR PERFOR AT THE…101-4002-0000-700085 343686 05/10/2024 1,000.00 Vendor WES77 - WEST AFRICAN HIGHLIFE BAND Total: 1,000.00 Vendor: WIL27 - WILLIAM R. GRAY AND COMPA
WILLIAM R. GRAY AND COM… 22239 05/10/2024 PROF SVCS THRU FEB'24-PRO…801-6002-0000-611010 343687 05/10/2024 24,159.99 Vendor WIL27 - WILLIAM R. GRAY AND COMPA Total: 24,159.99 Vendor: SEA12 - ZACH SEAL
ZACH SEAL 240510 05/10/2024 REIMB FOR MILEAGE THRU 9…101-4001-0000-640023 343688 05/10/2024 17.96 Vendor SEA12 - ZACH SEAL Total: 17.96
Vendor: ZEL01 - ZELLMANN, GARY
ZELLMANN, GARY 240510 05/10/2024 CAPE MEMBERSHIP DUES 101-2001-0000-640011 343689 05/10/2024 50.00 Vendor ZEL01 - ZELLMANN, GARY Total: 50.00
Grand Total: 201,848.26

9.2.a
Packet Pg. 24
Expense Approval Report Payment Dates: 5/10/2024 - 5/10/2024 5/10/2024 8:57:43 AM Page 7 of 9
Report Summary
Fund Summary
Fund Payment Amount
101 - GENERAL FUND 90,310.87
103 - MEASURE K FUND 11,324.92
201 - WASTE MANAGEMENT/RECYCLING FUND 648.25
221 - UNIFIED LIGHTING DISTRICT FUND 17,176.43
226 - COMMERCIAL LANDSCAPE & LIGHTING - DISTRICT … 30,727.09 243 - TRAFFIC SAFETY FUND 8,138.57
306 - MEASURE J FUND 2,619.23
308 - CAPITAL PROJECT FUND 1,528.44
401 - CITY HALL/PUBLIC SERVICE CENTER TECHNOLOGY … 943.20 402 - PD TECHNOLOGY FUND 14,026.27
801 - TRANSPAC FUND 24,404.99
Grand Total: 201,848.26
Account Summary
Account Number Account Name Payment Amount
101-0000-0000-404010 BUSINESS LICENSE FEE 849.00
101-1001-0000-630040 CONTRACTUAL SVC 337.50
101-1001-0000-640022 EDUC/MTGS/LOCAL 108.90
101-1001-0000-700020 MAYORS CONFERENCE E… 140.00
101-1010-0000-630015 AUDITING SVCS 1,087.00
101-1015-0000-680020 INSURANCE/LIAB,VEH … 820.97
101-1016-0000-630040 CONTRACTUAL SVC 1,480.38
101-1016-0000-660016 SUPPLIES/OFFICE 636.67
101-1016-0000-670015 UTIL/GAS-ELECTR 13,485.66
101-1016-0000-670025 UTIL/WATER 897.44
101-200020 SUSPENSE ACCOUNT 43.02
101-200030 CREDIT CARD PAYABLE 23,862.78
101-2001-0000-620113 POSTAGE 1,599.73
101-2001-0000-620122 PUBLICATIONS/SUBSCRI… 270.00
101-2001-0000-620123 GOVERNMENT LICENSE … 194.00
101-2001-0000-630033 P.D. OTHER SVCS 1,184.92
101-2001-0000-630041 HAZ WASTE SVCS 260.00
101-2001-0000-630054 K9 EMPLOYEE TRAINING … 425.00
101-2001-0000-640011 POST TRAING SVC 1,015.00
101-2001-0000-650051 MAINT/P.D. AUTO 195.00
101-2001-0000-660014 SUPPLIES/OPERATING 3,190.96
101-2001-0000-660016 SUPPLIES/OFFICE 458.80
101-2001-0000-660024 SUPPLIES/NON CAPITALI… 883.24
101-2001-0000-670010 UTIL/COMMUNCTNS 1,023.76
101-2001-0000-670020 UTIL/TELEPHONE 195.00

9.2.a
Packet Pg. 25
Expense Approval Report Payment Dates: 5/10/2024 - 5/10/2024 5/10/2024 8:57:43 AM Page 8 of 9
Account Summary
Account Number Account Name Payment Amount
101-4001-0000-640023 AUTO MILEAGE 17.96
101-4001-0000-660016 SUPPLIES/OFFICE 29.13
101-4001-0000-660040 SPCL EVENT SPNS 9,350.00
101-4002-0000-620114 PHOTO/PRINTING 1,944.75
101-4002-0000-700085 SUMMER CONCERT SERI… 1,000.00
101-5097-0000-620065 AUTO/PRTS/TIRES 1,719.44
101-5097-0000-630040 CONTRACTUAL SVC 3,672.00
101-5097-0000-650012 MAINT/JANITORALMAIN… 11,750.00
101-5097-0000-650016 MAINT/PD BLDG 147.81
101-5097-0000-650017 MAINT/CH BLDG 32.77
101-5097-0000-660016 SUPPLIES/OFFICE 85.87
101-5097-0000-670015 UTIL/GAS-ELECTR 799.42
101-5097-0000-670025 UTIL/WATER 5,116.99
103-5105-0000-650017 MAINT/CH BLDG 344.88
103-5105-0000-660021 SUPLS/JANITORAL 6,350.00
103-5105-0000-670015 UTIL/GAS-ELECTR 3,535.09
103-5105-0000-670025 UTIL/WATER 1,094.95
201-4009-0000-620114 PHOTO/PRINTING 648.25
221-1020-0000-670015 UTIL/GAS-ELECTR 17,176.43
226-4019-0000-670015 UTIL/GAS-ELECTR 4,967.53
226-4019-0000-670025 UTIL/WATER 7,684.59
226-4020-0000-670015 UTIL/GAS-ELECTR 418.70
226-4021-0000-670015 UTIL/GAS-ELECTR 694.98
226-4021-0000-670025 UTIL/WATER 227.69
226-4021-0000-670035 UTIL/OTHER 56.75
226-4022-0000-670015 UTIL/GAS-ELECTR 48.06
226-4023-0000-670015 UTIL/GAS-ELECTR 298.02
226-4023-0000-670025 UTIL/WATER 135.20
226-4024-0000-630040 CONTRACTUAL SVC 10,647.07
226-4024-0000-670015 UTIL/GAS-ELECTR 2,704.83
226-4024-0000-670025 UTIL/WATER 2,843.67
243-2001-0000-630040 CONTRACTUAL SVC 8,138.57
306-4019-0000-670015 UTIL/GAS-ELECTR 234.53
306-5107-0000-670015 UTIL/GAS-ELECTR 2,384.70
308-2001-0000-650017 MAINT/CH BLDG 1,528.44
401-1012-0000-670010 UTIL/COMMUNCTNS 943.20
402-2001-0000-630016 COMPTR CONSLTNT 8,501.20
402-2001-0000-650035 MAINT/HARDWARE 520.15
402-2001-0000-660024 SUPPLIES/NON CAPITALI… 43.22
402-2001-0000-710844 CAPITAL ASSETS-EQUIP… 4,961.70
801-6002-0000-611010 SALARY-PERMANENT 24,159.99

9.2.a
Packet Pg. 26
Expense Approval Report Payment Dates: 5/10/2024 - 5/10/2024 5/10/2024 8:57:43 AM Page 9 of 9
Account Summary
Account Number Account Name Payment Amount
801-6002-0000-630040 CONTRACTUAL SVC 245.00
Grand Total: 201,848.26
Project Account Summary
Project Account Key Payment Amount
**None** 201,848.26
Grand Total: 201,848.26
2024-05-10

9.2.a
Packet Pg. 27
100 Gregory Lane, Pleasant Hill, CA 94523-3323 – (925) 671-5270 www.pleasanthillca.org

MEMORANDUM
TO: City Councilmembers
FROM: Interview and Nominating Committee
CouncilmembersTim Flaherty and Allen Vinson
DATE: May 20, 2024
SUBJECT: Approve Appointment Recommendations to the Architectural Review Commission, Education Commission, Measure K Oversight Committee, Planning Commission and County Connection Advisory Committee; and Modification to Term End Dates for Architectural Review Commission and Measure K Oversight Committee
The Interview and Nominating Committee recommends the following appointments be approved, and requests modification to the term expiration dates for the Architectural Review Commission and Measure K Oversight Committee, applicable for new appointments, reappointments and current incumbents, to expire at the end of June (in lieu of May) to better align with distribution of Outlook newsletters, a key vacancy promotion publication.

APPOINTMENTS TERMS/EXPIRATION DATES
Architectural Review Commission
Dipinti Kapoor (reappointment) June 2024 through June 2028 Will Nelson (reappointment) June 2024 through June 2028 Stephanie Weir June 2024 through June 2028
Ben Johanson (incumbent) Through June 2025
Atul Pathare (incumbent) Through June 2027
Education Commission
Puja Kumari Unfilled term through April 2026
Measure K Oversight Committee
Cindy Tunales - Chamber Position
(reappointment)
June 2024 through June 2028

9.3 Packet Pg. 28
2 Paul Maxwell - Traffic Safety Commission
Position (reappointment)
June 2024 through June 2028
Debbie Baker - Active Resident Position June 2024 through June 2028 John Pollock (incumbent) Through June 2025
Gary Hook (incumbent) Through June 2025
Ashley Carrillo (incumbent) Through June 2025
Macy Leung (incumbent) Correction of term to through June 2025 Planning Commission
Judy Webber Unfilled term through April 2027
County Connection Advisory Committee Recommendation for Appointment to be ratified by the County Connection Board of Directors
Evan Daily - Alternate Position Unfilled term through April 2025

9.3 Packet Pg. 29

CITY COUNCIL STAFF REPORT
Meeting Date: May 20, 2024
TO: THE HONORABLE MAYOR AND CITY COUNCILMEMBERS
SUBJECT: INTRODUCE ORDINANCE NO. ___ REPEALING AND REPLACING SECTION 2.20 (CITY TREASURER) OF THE PLEASANT HILL

MUNICIPAL CODE TO REFLECT THE CHANGE FROM AN ELECTED

POSITION TO AN APPOINTED POSITION AS APPROVED BY

PLEASANT HILL VOTERS AT THE GENERAL MUNICIPAL
ELECTION OF NOVEMBER 8, 2022 AND DELEGATING THE

AUTHORITY TO APPOINT THE CITY TREASURER TO THE CITY

MANAGER

SYNOPSIS
Pleasant Hill voters approved Measure M at the November 8, 2022 General Municipal Election, making the City Treasurer a position appointed by the City Council rather than an elected position. The Council now desires to delegate the authority to appoint the City Treasurer to the City Manager. Pleasant Hill Municipal Code Chapter 2.20 (City Treasurer) needs to be updated to reflect these changes.

DISCUSSION
Background
The City Council voted to place Measure M, “Shall the office of City Treasurer be appointive,” on the ballot for the November 8, 2022 General Municipal Election. The City Council adopted Resolution No. 108-22 declaring the official results of the election at which a majority of Pleasant Hill voters approved the measure, making the office of City Treasurer an appointed rather than an elected position, effective upon the expiration of the term in 2024.

Analysis
The proposed ordinance would amend Chapter 2.20 (City Treasurer) to state that the office of City Treasurer is appointed by the City Manager and remove the section regarding compensation for an elected city treasurer.

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FISCAL IMPACT
None.

PUBLIC CONTACT
Public contact was made through posting of the City Council agenda on the City’s official notice bulletin board, at the Pleasant Hill Senior Center, and at the Pleasant Hill Police Department.

The agenda and staff report are posted on the City’s web page.

RECOMMENDED CITY COUNCIL ACTION
Staff recommends the City Council introduce the proposed ordinance repealing and replacing Municipal Code Chapter 2.20 (City Treasurer) to reflect the amendments described above.

ALTERNATIVES TO RECOMMENDED ACTION
None recommended.

ATTACHMENT(S):

Proposed Ordinance
Prepared by: Janet Coleson, City Attorney
Reviewed by: Ethan Bindernagel, City Manager

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ORDINANCE NO. ______

AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PLEASANT HILL REPEALING AND REPLACING SECTION 2.20 (CITY TREASURER) OF THE PLEASANT

HILL MUNICIPAL CODE TO REFLECT THE CHANGE FROM AN ELECTED POSITION

TO AN APPOINTED POSITION AS APPROVED BY PLEASANT HILL VOTERS AT THE GENERAL MUNICIPAL ELECTION OF NOVEMBER 8, 2022, AND DELEGATING THE

AUTHORITY TO APPOINT THE CITY TREASURER TO THE CITY MANAGER WHEREAS, the City Council voted to place Measure M, “Shall the office of City Treasurer be appointive,” on the ballot for the November 8, 2022 General Municipal Election; and WHEREAS, a majority of Pleasant Hill voters approved Measure M at the November 8, 2022 General Municipal Election held in the City of Pleasant Hill, making the office of city treasurer an office appointed by the city council rather than an elected position; and WHEREAS, the City Council adopted Resolution No. 108-22 declaring the official results of the General Municipal Election; and
WHEREAS the City Council desires to delegate the authority to appoint the city treasurer to the city manager; and
WHEREAS, section 2.20.010 (Position) of the Pleasant Hill Municipal Code currently states that the city treasurer shall be an elected office; and WHEREAS, section 2.20.020 (Compensation) of the Pleasant Hill Municipal Code currently states that the city treasurer is entitled to compensation fixed by resolution of the city council.

NOW, THEREFORE, the City Council of the City of Pleasant Hill does ordain as follows:

Section 1. Chapter 2.20 (City Treasurer) of the Pleasant Hill Municipal Code is repealed and replaced in its entirety with the following text of Chapter 2.20:
“Chapter 2.20

CITY TREASURER

2.20.010 Position.
“The city treasurer shall be appointed by the city manager.” Section 2. This ordinance shall be effective 30 days after its adoption.

Section 3. Within fifteen days after the passage of this ordinance, the City Clerk shall cause it to be posted in the three places designated by resolution of the City Council.

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The foregoing ordinance was introduced at a regular meeting of the City Council of the City of Pleasant Hill held on the 20th day of May, 2024.

ADOPTED and ordered posted at a meeting of the City Council of the City of Pleasant Hill, held on the _____ day of _______, 2024, by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:
_________________________________
MATTHEW RINN, Mayor
ATTEST:
______________________________________
LYONE CONNER, City Clerk

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CITY COUNCIL STAFF REPORT
Meeting Date: May 20, 2024
TO: THE HONORABLE MAYOR AND CITY COUNCILMEMBERS
SUBJECT: ADOPT RESOLUTION NO. ___-24 APPROVING THE CITY OF PLEASANT HILL INVESTMENT POLICY EFFECTIVE JULY 1, 2024

AND DELEGATING INVESTMENT AUTHORITY TO THE CITY

TREASURER

SYNOPSIS
California state law requires the City Treasurer to render a statement of Investment Policy annually to the City Council at a public meeting and the City Council to annually delegate investment authority to the City Treasurer. The Budget Committee reviewed the investment policy at its meeting of April 23, 2024 and recommended approval to City Council. The City Treasurer recommends the Council adopt the proposed resolution approving the City of Pleasant Hill Investment Policy effective July 1, 2024 and delegating the investment authority to the City Treasurer.

DISCUSSION
Background
Government Code 53607 et seq. requires the City Treasurer to “render” annually to the legislative body of the local agency at a public meeting a statement of investment policy. The investment policy is intended as a guide with specific controls for safety, liquidity, and yields.

Analysis
In consultation with the City’s professional investment advisor, Kara Hooks - Chandler Asset Management, the City Treasurer and Finance Department reviewed the City’s investment policy to 1) confirm that it continues to comply with California Government Code, and 2) continues to provide strong safeguards over the City’s investment program. While the City’s investment policy continues to be robust, it is recommended that the City add additional protections recognized as industry best practices. The following are the main proposed changes in the attached Investment Policy:
• Delegation of Authority: It is recommended by the City California Government Code, Section 41006, in addition to 53607.

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• Qualified Dealers: It is recommended the City update the list of institutions eligible to transact investment business with the City to match industry best practices. • Ethics and Conflicts of Interest: It is recommended the City include the requirement to comply with the Political Reform Act in the filing of Form 700s. • Authorized Investments: It is recommended the word “total” be added to issuer and sector limitations in order to consolidate the maximum to include both the investment portfolio and other accounts (example: LAIF or other LGIP). • Ineligible Investments: It is recommended the City incorporate the new prohibition from Senate Bill 1489. The purchase of a security with a forward settlement date exceeding 45 days from the time of investment is prohibited. It is also recommended to remove the Qualified Institutional Buyers definition as this can be determined outside an investment policy.
• Investment Pools/Mutual Funds: It is recommended the City seek responses to a set of eligibility questions from any pool or mutual fund utilized by the City. • Review of Investment Portfolio: It is recommended the City state the frequency the Treasurer will review the portfolio to ensure compliance with the investment policy. • Performance Evaluation: It is recommended the City include how the portfolio and benchmark is evaluated.
• Glossary: It is recommended the City only incorporate terminology used throughout the investment policy.

FISCAL IMPACT
No Impact

The agenda and staff report are posted on the City’s web page.

RECOMMENDED ACTION
Adopt the proposed resolution approving the City of Pleasant Hill Investment Policy effective July 1, 2024, and delegating the investment authority to the City Treasurer.

ALTERNATIVES TO RECOMMENDED ACTION
None
ATTACHMENT(S):

Proposed Resolution
City of Pleasant Hill Investment Policy 2024 - Redlined

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City of Pleasant Hill Investment Policy 2024 - Clean
Prepared by: Andrew Kalinowski, City Treasurer

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1 RESOLUTION NO.___-24

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANT HILL

APPROVING THE CITY OF PLEASANT HILL INVESTMENT POLICY EFFECTIVE JULY 1, 2024 AND DELEGATING INVESTMENT AUTHORITY

TO THE CITY TREASURER
WHEREAS, California state law requires the City Treasurer to render a statement of Investment Policy annually to the City Council at a public meeting; and WHEREAS, California state law requires the City Council to annually delegate investment authority to the City Treasurer.

NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Pleasant Hill, approves the City of Pleasant Hill Investment Policy (attached) effective July 1, 2024, and delegates investment authority to the City Treasurer of the City of Pleasant Hill for the fiscal year July 1, 2024 through June 30, 2025.

ADOPTED by the City Council of the City of Pleasant Hill at a regular meeting held on the 20th day of May, 2024, by the following vote:

AYES:

NOES:

ABSENT:

ABSTAIN:
__________________________________
MATTHEW RINN, Mayor
ATTEST:

LYONE P. CONNER, City Clerk

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1 CITY OF PLEASANT HILL

INVESTMENT POLICY
Effective July 1, 2024

INTRODUCTION
The investment policy of the City of Pleasant Hill is based upon State of California Government Code (CGC), 53600 et seq. The primary goals of this policy are:

1. To ensure compliance with all State and Local laws governing the investment of monies in the custody of the City Treasurer.

2. To protect the principal monies entrusted to the City Treasurer.

3. To meet the daily cash flow demands of the City.

4. To generate the maximum amount of investment income within the parameters of prudent risk management.

The monies entrusted to the City Treasurer constitute the "Investment Portfolio" referred to in this document.

DELEGATION OF AUTHORITY
In the City of Pleasant Hill, management responsibility for investments is herewith delegated to the City Treasurer pursuant to CGC, Sections 41006 for the City Treasurer and 53607 et seq. The Treasurer shall establish procedures for the operation of an investment program consistent with this investment policy and shall perform investment transactions. The Treasurer may retain the services of an external investment advisor, registered under the Investment Advisers Act of 1940. These procedures will include reference to safekeeping, wire transfer agreements, banking service contracts and collateral/depository agreements. The Treasurer shall be responsible for all transactions undertaken.

The Treasurer shall appoint a Deputy City Treasurer who shall perform the Treasurer's duties in the absence of the Treasurer.

SCOPE
The Treasurer is responsible for investing the unexpended cash in the City Treasury.

This investment policy applies to the investment activities of the City of Pleasant Hill. The invested assets of the City, with the following three exceptions, shall be administered in accordance with the provisions of this policy and CGC Sections 53600 et seq. The exceptions are the Public Employees Retirement System and Deferred Compensation Funds, which are administered separately by trustees, and Bond proceeds which are invested according to the specifications of the bond indenture.

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2 OBJECTIVES
Objectives have been set in order to achieve the goals of this investment policy. The primary objectives, in priority order, of the City of Pleasant Hill's investment policy are:

A. Safety of Principal
Safety of principal is the foremost objective of the City of Pleasant Hill. With each investment transaction the Treasurer shall seek to ensure that capital losses are avoided, whether these losses are from securities default, broker-dealer default, or erosion of market value. The City shall seek to preserve principal by mitigating the two types of risk:
credit risk and market risk.

Further guidelines for safety of principal shall include:

1. Limiting the Portfolio's exposure to each issue and each issuer of debt.

2. Determining minimum credit requirements for firms that hold City monies.

B. Liquidity
The City of Pleasant Hill's investment portfolio will remain sufficiently liquid to enable the City to meet all operating requirements, which might be reasonably anticipated.

C. Return on Investment
Return on investment shall be an average market rate of return governed by the objectives of safety and liquidity in accord with prudent investment principles.

MATURITIES
Maturities shall be selected to anticipate cash needs, thereby eliminating the possibility of the need for forced investment liquidation. Cash flow estimates shall be prepared in a prudent manner.

The City will not invest in securities maturing more than five (5) years from the date of trade settlement, unless the City Council has granted authority to make such an investment.

QUALIFIED DEALERS
To the extent practicable, the Treasurer shall endeavor to complete investment transactions using a competitive bid process whenever possible. The City's Treasurer will determine which financial institutions are authorized to provide investment services to the City. It shall be the City's policy to purchase securities only from authorized institutions and firms.

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3 The Treasurer shall maintain procedures for establishing a list of authorized broker/dealers and financial institutions which are approved for investment purposes that are selected through a process of due diligence as determined by the City. Due inquiry shall determine whether such authorized broker/dealers, and the individuals covering the City are reputable and trustworthy, knowledgeable and experienced in Public Agency investing and able to meet all of their financial obligations. These institutions may include "primary" dealers or regional dealers that qualify under Securities and Exchange Commission (SEC) Rule 15c3-1 (uniform net capital rule).

In accordance with Section 53601.5, institutions eligible to transact investment business with the City include:
• Institutions licensed by the state and proof of FINRA certification as a brokerdealer, as defined in Section 25004 of the Corporations Code. • Institutions that are members of a federally regulated securities exchange. • Primary government dealers as designated by the Federal Reserve Bank and non-primary government dealers.
• Nationally or state-chartered banks.
• Savings or federal association (as defined in Section 5102 of the Financial Code).
• The Federal Reserve Bank.
• Direct issuers of securities eligible for purchase.

Selection of financial institutions and broker/dealers authorized to engage in transactions will be at the sole discretion of the City, except where the City utilizes an external investment adviser in which case the City may rely on the adviser for selection.

All financial institutions and securities dealers who desire to engage in investment transactions with the City of Pleasant Hill shall certify that the supervising officer has reviewed the City's investment policy and agrees to disclose potential conflicts or risks to public funds that might arise out of business transactions between the firm/depository and the City of Pleasant Hill. Employees of any financial institution offering securities or investments to the City of Pleasant Hill shall be trained in the precautions appropriate to public sector investments and shall be required to familiarize themselves with the City's Investment Policy.

The City shall at least annually send a copy of the current investment policy to all dealers approved to do business with the City. Confirmation of receipt of this policy shall be considered evidence that the dealer understands the City's investment policies, and intends to offer the City only appropriate investments.

Public deposits will be made only in qualified public depositories as established by State law. Deposits will be insured by the Federal Deposit Insurance Corporation, or, to the extent the amount exceeds the insured maximum, will be collateralized in accordance with State law.

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4 Selection of broker/dealers used by an external investment adviser retained by the City will be at the sole discretion of the adviser. Where possible, transactions with broker/dealers shall be selected on a competitive basis and their bid or offering prices shall be recorded. If there is no other readily available competitive offering, best efforts will be made to document quotations for comparable or alternative securities. When purchasing original issue instrumentality securities, no competitive offerings will be required as all dealers in the selling group offer those securities at the same original issue price.

DELIVERY, SAFEKEEPING OF SECURITIES, AND CUSTODY
To protect against potential losses by collapse of individual securities dealers, all securities owned by the City (including collateral on repurchase agreements), shall be held in the City's name in safekeeping by a third party custodian. Said trust department shall act as agent for the City of Pleasant Hill pursuant to a custody agreement between the bank and the City. All securities shall be received and delivered using standard delivery-versus-payment procedures. The Custodian shall provide safekeeping receipts of all securities held. A monthly report will be received by the City from the custodian listing all securities held in safekeeping with current market data and other information.

The only exceptions to the foregoing shall be depository accounts and securities purchases made with: (i) local government investment pools; (ii) time certificates of deposit, and, (iii) money market mutual funds, since these securities are not deliverable.

COLLATERALIZATION
Certificates of Deposit: The City shall require any commercial bank or savings and loan association to deposit eligible securities with an agency of a depository approved by the State Banking Department to secure any uninsured portion of a Non-Negotiable Certificate of Deposit. The value of eligible securities as defined pursuant to California Government Code, Section 53651, pledged against a Certificate of Deposit shall be equal to 150% of the face value of the CD if the securities are classified as mortgages and 110% of the face value of the CD for all other classes of security.

Collateralization of Bank Deposits: This is the process by which a bank or financial institution pledges securities, or other deposits for the purpose of securing repayment of deposited funds. The City shall require any bank or financial institution to comply with the collateralization criteria defined in California Government Code, Section 53651.

Repurchase Agreements: The City requires that Repurchase Agreements be collateralized only by securities authorized in accordance with California Government Code:
• The securities which collateralize the repurchase agreement shall be priced at Market Value, including any Accrued Interest plus a margin. The Market Value of the securities that underlie a repurchase agreement shall be valued at 102% or greater of the funds borrowed against those securities. • Financial institutions shall mark the value of the collateral to market at least monthly and increase or decrease the collateral to satisfy the ratio requirement

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5 described above.
• The City shall receive monthly statements of collateral.

ETHICS AND CONFLICTS OF INTEREST
The Investment Officers, i.e., the City Treasurer and the Deputy City Treasurer, shall be governed by the "Code of Ethics" and the "Code of Professional Conduct" of the California Municipal Treasurers Association. The Investment Officers shall refrain from personal business activity that could conflict with proper execution of the investment program, or which would impair their ability to make impartial investment decisions.

All participants in the investment process are required to comply with terms of the Political Reform Act, Fair Political Practices Commission Regulations promulgated thereunder (2 C.C.R. §§ 18110 through 18998), the City’s Conflict of Interest Policy, including, without limitation, filing of Form 700, notification and recusal obligations, and CGC section 1090 prohibitions.

INTERNAL CONTROLS
The Treasurer is responsible for establishing and maintaining an internal control structure designed to ensure that the assets of the entity are protected from loss, theft or misuse.

The internal control structure shall be designed to provide reasonable assurance that these objectives are met. The concept of reasonable assurance recognizes that (1) the cost of a control should not exceed the benefits likely to be derived; and (2) the valuation of costs and benefits requires estimates and judgments by management.

PRUDENCE
Pursuant to CGC, Section 53600.3, all persons authorized to make investment decisions on behalf of the City are trustees and therefore fiduciaries subject to the "prudent investor standard", which states:
"... all governing bodies of local agencies or persons authorized to make investment decisions on behalf of those local agencies investing public funds pursuant to this chapter are trustees and therefore fiduciaries subject to the prudent investor standard. When investing, reinvesting, purchasing, acquiring, exchanging, selling, or managing public funds, a trustee shall act with care, skill, prudence, and diligence under the circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated needs of the Agency, that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the Agency. Within the limitations of this section and considering individual investments as part of an overall strategy, investments may be acquired as authorized by law." Officers acting in accordance with written procedures and the investment policy and exercising due diligence shall be relieved of personal responsibility for an individual security's credit risk or market price changes, provided deviations from expectations are Deleted: alifornia
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6 reported in a timely fashion and appropriate action is taken to control adverse developments.

AUTHORIZED INVESTMENTS
The City is governed by California Government Code, Sections 53600 et. seq. Within the context of these limitations, the City seeks to further restrict eligible investments to the guidelines listed below. In the event a discrepancy is found between this policy and the Code, the more restrictive parameters will take precedence. Percentage holding limits and minimum credit quality requirements listed in this section apply at the time the security is purchased. Any investment currently held at the time the policy is adopted which does not meet the new policy guidelines can be held until maturity and shall be exempt from the current policy. At the time of the investment's maturity or liquidation, such funds shall be reinvested only as provided in the current policy.

An appropriate risk level shall be maintained by primarily purchasing securities that are of high quality, liquid, and marketable. The portfolio shall be diversified by security type and institution to avoid incurring unreasonable and avoidable risks regarding specific security types or individual issuers.

The following investments are authorized:

1. United States Treasury Bills, Bonds, Notes, and other government obligations for which the full faith and credit of the United States are pledged for the payment of principal and interest. There are no limits on the dollar amount or percentage that the City may invest in U.S. Treasuries, provided that the maximum maturity does not exceed five (5) years.

2. Obligations issued by Federal Agencies or United States Government-Sponsored Enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or United States government-sponsored enterprises. There are no limits on the dollar amount or percentage that the Agency may invest in Federal Agency or Government-Sponsored Enterprises (GSEs), provided that:
a) No more than 30% of the total portfolio may be invested in any single Agency/GSE issuer.
b) The maximum maturity does not exceed five (5) years. c) No more than 20% of the total portfolio may be invested in callable agency securities

3. Municipal securities, including obligations of the City, the State of California and any local agency within the State of California, provided that:
a) The securities are rated in a rating category of "A" or its equivalent or better by at least one Nationally Recognized Statistical Rating Organization ("NRSRO").
b) No more than 5% of the total portfolio may be invested in any single issuer.

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7 c) No more than 30% of the total portfolio may be in Municipal Securities. d) The maximum maturity does not exceed five (5) years.

4. Municipal securities (Registered Treasury Notes or Bonds) of any of the other 49 states in addition to California, including bonds payable solely out of the revenues from a revenue-producing property owned, controlled, or operated by a state or by a department, board, agency, or authority of any of the other 49 states, in addition to California:
a) The securities are rated in a rating category of "A" or its equivalent or better by at least one NRSRO.
b) No more than 5% of the total portfolio may be invested in any single issuer. c) No more than 30% of the total portfolio may be in Municipal Securities. d) The maximum maturity does not exceed five (5) years.

5. Banker's Acceptances, provided that:
a) They are issued by institutions which have short-term debt obligations rated "A-1" or its equivalent or better by at least one NRSRO; or long-term debt obligations which are rated in a rating category of "A" or its equivalent or better by at least one NRSRO.
b) No more than 40% of the total portfolio may be invested in Banker's Acceptances.
c) No more than 5% of the total portfolio may be invested in any single issuer. d) The maximum maturity does not exceed 180 days.

6. Commercial Paper, provided that the securities are issued by an entity that meets all of the following conditions in either paragraph (a) or (b) and other requirements specified below:
a) Securities issued by corporations:
o A corporation organized and operating in the United States with assets more than $500 million.
o The securities are rated "A-1" or its equivalent or better by at least one NRSRO.
o If the issuer has other debt obligations, they must be rated in a rating category of "A" or its equivalent or better by at least one NRSRO. b) Securities issued by other entities:
o The issuer is organized within the United States as a special purpose corporation, trust, or limited liability company.
o The securities must have program-wide credit enhancements including, but not limited to, overcollateralization, letters of credit, or a surety bond.
o The securities are rated "A-1" or its equivalent or better by at least one NRSRO.

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8 • No more than 10% of the outstanding commercial paper of any single issuer.
• No more than 25% of the City's investment assets under management may be invested in Commercial Paper.
• No more than 5% of the total portfolio may be invested in any single issuer. • The maximum maturity does not exceed 270 days.

7. Negotiable Certificates of Deposit (NCDs), issued by a nationally or statechartered bank, a savings association or a federal association, a state or federal credit union, or by a federally licensed or state-licensed branch of a foreign bank, provided that:
a) The amount of the NCO insured up to the FDIC limit does not require any credit ratings.
b) Any amount above the FDIC insured limit must be issued by institutions which have short-term debt obligations rated "A-1" or its equivalent or better by at least one NRSRO; or long-term obligations rated in a rating category of "A" or its equivalent or better by at least one NRSRO. c) No more than 30% of the total portfolio may be invested in NCDs. d) No more than 5% of the total portfolio may be invested in any single issuer. e) The maximum maturity does not exceed five (5) years.

8. Federally Insured Time Deposits (Non-Negotiable Certificates of Deposit) in state or federally chartered banks, savings and loans, or credit unions, provided that:
a) The amount per institution is limited to the maximum covered under federal insurance.
b) No more than 20% of the total portfolio will be invested in a combination of federally insured and collateralized time deposits.
c) The maximum maturity does not exceed five (5) years.

9. Collateralized Time Deposits (Non-Negotiable Certificates of Deposit) in state or federally chartered banks, savings and loans, or credit unions in excess of insured amounts which are fully collateralized with securities in accordance with California law, provided that:
a) No more than 20% of the total portfolio will be invested in a combination of federally insured and collateralized time deposits.
b) The maximum maturity does not exceed five (5) years.

10. Collateralized Bank Deposits. City's deposits with financial institutions will be collateralized with pledged securities per CGC, Section 53651. There are no limits on the dollar amount or percentage that the City may invest in collateralized bank deposits.

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9 11. Repurchase Agreements collateralized with securities authorized under CGC, maintained at a level of at least 102% of the market value of the Repurchase Agreement. There are no limits on the dollar amount or percentage that the City may invest, provided that:
a) Securities used as collateral for Repurchase Agreements will be delivered to an acceptable third party custodian.
b) Repurchase Agreements are subject to a Master Repurchase Agreement between the City and the provider of the repurchase agreement. The Master Repurchase Agreement will be substantially in the form developed by the Securities Industry and Financial Markets Association (SIFMA). c) The maximum maturity does not exceed one (1) year.

12. Medium Term Corporate Notes issued by corporations organized and operating within the United States or by depository institutions licensed by the United States or any state and operating within the United States, provided that:
a) The securities are rated in a rating category of "A" or its equivalent or better by at least one NRSRO.
b) No more than 30% of the total portfolio may be invested in medium term notes.
c) No more than 5% of the total portfolio may be invested in any single issuer. d) The maximum maturity does not exceed five (5) years.

13. Money Market Mutual Funds registered with the Securities and Exchange Commission under the Investment Company Act of 1940 and issued by diversified management companies and meet either of the following criteria:
a) Have attained the highest ranking or the highest letter and numerical rating provided by not less than two (2) NRSROs; or
b) Have retained an investment adviser registered or exempt from registration with the Securities and Exchange Commission with not less than five years' experience managing money market mutual funds with assets under management in excess of $500 million.
• No more than 20% of the total portfolio may be invested in Money Market Mutual Funds.

14. Local Agency Investment Fund (LAIF) - pool established by the State Treasurer for the benefit of local agencies, up to the maximum amount permitted by LAIF.

15. Supranational obligations, provided that:
• Issues are US dollar denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Development, International Finance Corporation, or Inter-American Development Bank.
• The securities are rated in a rating category of "AA" or its equivalent or better by a NRSRO.

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10 • No more than 30% of the total portfolio may be invested in these securities. • No more than 10% of the total portfolio may be invested in any single issuer.
• The maximum maturity does not exceed five (5) years.

16. Asset-Backed, Mortgage-Backed, Mortgage Pass-Through Securities, and Collateralized Mortgage Obligations from issuers not defined in sections 1 and 2 of the Authorized Investments section of this policy, provided that:
• The securities are rated in a rating category of "AA" or its equivalent or better by a NRSRO.
• No more than 20% of the total portfolio may be invested in these securities.
• No more than 5% of the total portfolio may be invested in any single Asset- Backed or Commercial Mortgage security issuer.
• The maximum maturity does not exceed five (5) years.

INELIGIBLE INVESTMENTS
• State law notwithstanding, any investments not specifically described herein are prohibited, including, but not limited to futures and options. • In accordance with Government Code, Section 53601.6, investment in inverse floaters, range notes, or mortgage derived interest-only strips is prohibited.
• Investment in any security that could result in a zero interest accrual if held to maturity is prohibited Under a provision sunsetting on January 1, 2026, securities backed by the U.S. Government that could result in a zero- or negative-interest accrual if held to maturity are permitted. • Trading securities for the sole purpose of speculating on the future direction of interest rates is prohibited.
• Purchasing or selling securities on margin is prohibited. • The use of reverse repurchase agreements, securities lending or any other form of borrowing or leverage is prohibited.
• The purchase of foreign currency denominated securities is prohibited. • The purchase of a security with a forward settlement date exceeding 45 days from the time of the investment is prohibited.

INVESTMENT POOLS/MUTUAL FUNDS
The City shall conduct a thorough investigation of any pool or mutual fund prior to making an investment, and on a continual basis thereafter. The City Treasurer shall seek Deleted: legal final
Deleted: Agencies that are not Qualified
Institutional Buyers (QIB) as defined by the
Securities and Exchange Commission are
prohibited from purchasing Private Placement
Securities. The SEC defines a QIB as having at
least¶
$100,000,000 in securities owned and invested.

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11 responses to the following questions from any investment pool or mutual fund in which the City invests:
• A description of eligible investment securities, and a written statement of investment policy and objectives.
• A description of interest calculations and how it is distributed, and how gains and losses are treated.
• A description of how the securities are safeguarded (including the settlement processes), and how often the securities are priced and the program audited.
• A description of who may invest in the program, how often, what size deposit and withdrawal are allowed.
• A schedule for receiving statements and portfolio listings. • Are reserves, retained earnings, etc. utilized by the pool/fund? • A fee schedule, and when and how it is assessed.
• Is the pool/fund eligible for bond proceeds and/or will it accept such proceeds?

RISK MANAGEMENT AND DIVERSIFICATION
Mitigating Credit Risk in the Portfolio
Credit risk is the risk that a security or a portfolio will lose some or all its value due to a real or perceived change in the ability of the issuer to repay its debt. The City will mitigate credit risk by adopting the following strategies:
• The diversification requirements included in the "Authorized Investments" section of this policy are designed to mitigate credit risk in the portfolio. • No more than 5% of the total portfolio may be deposited with or invested in securities issued by any single issuer unless otherwise specified in this policy.
• The City may elect to sell a security prior to its maturity and record a capital gain or loss in order to manage the quality, liquidity or yield of the portfolio in response to market conditions or City's risk preferences. • If a security owned by the City is downgraded to a level below the requirements of this policy, making the security ineligible for additional purchases, the following steps will be taken:
• Any actions taken related to the downgrade by the investment manager will be communicated to the City Treasurer in a timely manner. • If a decision is made to retain the security, the credit situation will be monitored and reported to the City Council.

Mitigating Market Risk in the Portfolio
Market risk is the risk that the portfolio value will fluctuate due to changes in the general Deleted: develop a questionnaire which will answer
the …
Deleted: general
Deleted: is
Deleted: Section Break (Next Page)

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12 level of interest rates. The City recognizes that, over time, longer-term portfolios have the potential to achieve higher returns. On the other hand, longer-term portfolios have higher volatility of return. The City will mitigate market risk by providing adequate liquidity for short-term cash needs, and by making longer-term investments only with funds that are not needed for current cash flow purposes.

The City further recognizes that certain types of securities, including variable rate securities, securities with principal paydowns prior to maturity, and securities with embedded options, will affect the market risk profile of the portfolio differently in different interest rate environments. The City, therefore, adopts the following strategies to control and mitigate its exposure to market risk:
• The City will maintain a minimum of six months of budgeted operating expenditures in short term investments to provide sufficient liquidity for expected disbursements.
• The maximum stated final maturity of individual securities in the portfolio will be five (5) years, except as otherwise stated in this policy. • The duration of the portfolio will generally be approximately equal to the duration (typically, plus or minus 20%) of a Market Benchmark, an index selected by the City based on the City's investment objectives, constraints and risk tolerances.

REPORTING
According to state law, the City Treasurer shall render an investment report no less than quarterly to the chief executive officer and the legislative body of the City.

REVIEW OF INVESTMENT PORTFOLIO
The Treasurer shall periodically, but no less than quarterly, review the portfolio to identify investments that do not comply with this investment policy and establish protocols for reporting major and critical incidences of noncompliance to the City Council.

PERFORMANCE EVALUATION
The investment portfolio shall be designed to attain a market-average rate of return throughout budgetary and economic cycles, taking into account the City’s risk constraints, the cash flow characteristics of the portfolio, and state and local laws, ordinances or resolutions that restrict investments.

The Treasurer shall monitor and evaluate the portfolio’s performance relative to the chosen market benchmark(s), which will be included in the Treasurer’s quarterly report. The Treasurer shall select an appropriate, readily available index to use as a market benchmark. Benchmarks may change over time based on changes in market conditions or

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13 cash flow requirements.

POLICY REVIEW
This investment policy shall be reviewed by the City Council at least annually to ensure its consistency with the overall objectives of preservation of principal, liquidity, rate of return, and its relevance to current law and financial and economic trends. Amendments and modifications to the policy shall be accepted by the City Council prior to implementation.

Respectfully submitted,
Andrew Kalinowski
City Treasurer
July 1, 2024 Deleted: 2023

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14 Glossary of Investment Terms
Agencies. Shorthand market terminology for any obligation issued by a governmentsponsored entity (GSE), or a federally related institution. Most obligations of GSEs are not guaranteed by the full faith and credit of the US government. Examples are:

FFCB. The Federal Farm Credit Bank System provides credit and liquidity in the agricultural industry. FFCB issues discount notes and bonds.

FHLB. The Federal Home Loan Bank provides credit and liquidity in the housing market. FHLB issues discount notes and bonds.

FHLMC. Like FHLB, the Federal Home Loan Mortgage Corporation provides credit and liquidity in the housing market. FHLMC, also called "FreddieMac" issues discount notes, bonds and mortgage pass-through securities.

FNMA. Like FHLB and FreddieMac, the Federal National Mortgage Association was established to provide credit and liquidity in the housing market. FNMA, also known as "FannieMae," issues discount notes, bonds and mortgage pass- through securities.

GNMA. The Government National Mortgage Association, known as "GinnieMae," issues mortgage pass-through securities, which are guaranteed by the full faith and credit of the US Government.

PEFCO. The Private Export Funding Corporation assists exporters. Obligations of PEFCO are not guaranteed by the full faith and credit of the US government.

TVA. The Tennessee Valley Authority provides flood control and power and promotes development in portions of the Tennessee, Ohio, and Mississippi River valleys.

TVA currently issues discount notes and bonds.

Asset Backed Securities. Securities supported by pools of installment loans or leases or by pools of revolving lines of credit.

Average Life. In mortgage-related investments, including CMOs, the average time to expected receipt of principal payments, weighted by the amount of principal expected.

Banker's Acceptance. A money market instrument created to facilitate international trade transactions. It is highly liquid and safe because the risk of the trade transaction is transferred to the bank which "accepts" the obligation to pay the investor.

Benchmark. A comparison security or portfolio. A performance benchmark is a partial market index, which reflects the mix of securities allowed under a specific investment policy.

Broker. A broker brings buyers and sellers together for a transaction for which the broker receives a commission. A broker does not sell securities from their own position.

Callable. A callable security gives the issuer the option to call it from the investor prior to its maturity. The main cause of a call is a decline in interest rates. If interest rates decline, the issuer will likely call its current securities and reissue them at a lower rate of interest.

Certificate of Deposit (CD). A time deposit with a specific maturity evidenced by a certificate.

Certificate of Deposit Account Registry SYSTEM (CDARS). A private placement

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15 service that allows local agencies to purchase more than $250,000 in CDs from a single financial institution (must be a participating institution of CDARS) while still maintaining FDIC insurance coverage. Intrafi is an entity providing this service.

CDARS facilitates the trading of deposits between the California institution and other participating institutions in amounts that are less than $250,000 each, so that FDIC coverage is maintained.

Collateral. Securities or cash pledged by a borrower to secure repayment of a loan or repurchase agreement. Also, securities pledged by a financial institution to secure deposits of public monies.

Collateralized Bank Deposit. A bank deposit that is collateralized at least 100% (principal plus interest to maturity). The deposit is collateralized using assets set aside by the issuer such as Treasury securities or other qualified collateral to secure the deposit in excess of the limit covered by the Federal Deposit Insurance Corporation.

Collateralized Mortgage Obligations (CMO). Classes of bonds that redistribute the cash flows of mortgage securities (and whole loans) to create securities that have different levels of prepayment risk, as compared to the underlying mortgage securities.

Collateralized Time Deposit. Time deposits that are collateralized at least 100% (principal plus interest to maturity). These instruments are collateralized using assets set aside by the issuer such as Treasury securities or other qualified collateral to secure the deposit in excess of the limit covered by the Federal Deposit Insurance Corporation.

Commercial Paper. The short-term unsecured debt of corporations.

Coupon. The rate of return at which interest is paid on a bond.

Credit Risk. The risk that principal and/or interest on an investment will not be paid in a timely manner due to changes in the condition of the issuer.

Dealer. A dealer acts as a principal in security transactions, selling securities from and buying securities for their own position.

Delivery vs. Payment (DVP). A securities industry procedure whereby payment for a security must be made at the time the security is delivered to the purchaser's agent.

Discount. The difference between the par value of a bond and the cost of the bond, when the cost is below par. Some short-term securities, such as T-bills and banker's acceptances, are known as discount securities. They sell at a discount from par and return the par value to the investor at maturity without additional interest. Other securities, which have fixed coupons, trade at a discount when the coupon rate is lower than the current market rate for securities of that maturity and/or quality.

Diversification. Dividing investment funds among a variety of investments to avoid excessive exposure to any one source of risk.

Duration. The weighted average time to maturity of a bond where the weights are the Deleted: CDARS
Deleted: currently the only
Deleted: Debenture. A bond secured only by the
general credit of the issuer.¶
Deleted: Derivative. Any security that has
principal and/or interest payments which are
subject to uncertainty (but not for reasons of
default or credit risk) as to timing and/or amount,
or any security which represents a component of
another security which has been separated from
other components ("Stripped" coupons and
principal). A derivative is also defined as a
financial instrument the value of which is totally or
partially derived from the value of another
instrument, interest rate, or index.¶

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16 present values of the future cash flows. Duration measures the price sensitivity of a security to changes interest rates.

Federal Deposit Insurance Corporation (FDIC). The Federal Deposit Insurance Corporation (FDIC) is an independent federal agency insuring deposits in U.S. banks and thrifts in the event of bank failures. The FDIC was created in 1933 to maintain public confidence and encourage stability in the financial system through the promotion of sound banking practices.

Federally Insured Time Deposit. A time deposit is an interest-bearing bank deposit account that has a specified date of maturity, such as a certificate of deposit (CD).

These deposits are limited to funds insured in accordance with FDIC insurance deposit limits.

Fiduciary. A person or organization that acts on behalf of another person(s) or organization that puts their clients’ interest ahead of their own as they are bound both legally and ethically to act in the other’s best interests.

Leverage. Borrowing funds in order to invest in securities that have the potential to pay earnings at a rate higher than the cost of borrowing.

Liquidity. The speed and ease with which an asset can be converted to cash.

Local Agency Investment Fund (LAIF). A voluntary investment fund open to government entities and certain non-profit organizations in California that is managed by the State Treasurer's Office.

Local Government Investment Pool. Investment pools that range from the State Treasurer's Office Local Agency Investment Fund (LAIF) to county pools, to Joint Powers Authorities (JPAs). These funds are not subject to the same SEC rules applicable to money market mutual funds.

Make Whole Call. A type of call provision on a bond that allows the issuer to pay off the remaining debt early. Unlike a call option, with a make whole call provision, the issuer makes a lump sum payment that equals the net present value (NPV) of future coupon payments that will not be paid because of the call. With this type of call, an investor is compensated, or "made whole."
Margin. The difference between the market value of a security and the loan a broker makes using that security as collateral.

Market Risk. The risk that the value of securities will fluctuate with changes in overall market conditions or interest rates.

Market Value. The price at which a security can be traded.

Maturity. The final date upon which the principal of a security becomes due and payable.

The investment’s term or remaining maturity is measured from the settlement date to final maturity.

Medium Term Notes. Unsecured, investment-grade senior debt securities of major corporations which are sold in relatively small amounts on either a continuous or an intermittent basis. MTNs are highly flexible debt instruments that can be structured to respond to market opportunities or to investor preferences.

Modified Duration. The percent change in price for a 100-basis point change in yields.

Modified duration is the best single measure of a portfolio's or security's exposure to market risk.

Money Market. The market in which short-term debt instruments (T-bills, discount notes, commercial paper, and banker's acceptances) are issued and traded.

Money Market Mutual Fund. A mutual fund that invests exclusively in short-term

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17 securities. Examples of investments in money market funds are certificates of deposit and U.S. Treasury securities. Money market funds attempt to keep their net asset values at $1 per share.

Mortgage Pass-Through Securities. A securitized participation in the interest and principal cash flows from a specified pool of mortgages. Principal and interest payments made on the mortgages are passed through to the holder of the security.

Municipal Securities. Securities issued by state and local agencies to finance capital and operating expenses.

Mutual Fund. An entity which pools the funds of investors and invests those funds in a set of securities which is specifically defined in the fund's prospectus. Mutual funds can be invested in various types of domestic and/or international stocks, bonds, and money market instruments, as set forth in the individual fund's prospectus. For most large, institutional investors, the costs associated with investing in mutual funds are higher than the investor can obtain through an individually managed portfolio.

Nationally Recognized Statistical Rating Organization (NRSRO). A credit rating agency that the Securities and Exchange Commission in the United States uses for regulatory purposes. Credit rating agencies provide assessments of an investment's risk. The issuers of investments, especially debt securities, pay credit rating agencies to provide them with ratings. The three most prominent NRSROs are Fitch, S&P, and Moody's.

Negotiable Certificate of Deposit (CD). A short-term debt instrument that pays interest and is issued by a bank, savings or federal association, state or federal credit union, or state-licensed branch of a foreign bank. Negotiable CDs are traded in a secondary market.

Paydown. A reduction in the principal amount owed on a bond, loan, or other debt.

Primary Dealer. A financial institution (1) that is a trading counterparty with the Federal Reserve in its execution of market operations to carry out U.S. monetary policy, and (2) that participates for statistical reporting purposes in compiling data on activity in the U.S. Government securities market.

Prudent Investor (Prudent Person) Rule. A standard of responsibility which applies to fiduciaries. In California, the rule is stated as "Investments shall be managed with the care, skill, prudence and diligence, under the circumstances then prevailing, that a prudent person, acting in a like capacity and familiar with such matters, would use in the conduct of an enterprise of like character and with like aims to accomplish similar purposes."
Repurchase Agreement. Short-term purchases of securities with a simultaneous agreement to sell the securities back at a higher price. From the seller's point of view, the same transaction is a reverse repurchase agreement.

Safekeeping. A service to bank customers whereby securities are held by the bank in the customer's name.

Securities and Exchange Commission (SEC). The U.S. Securities and Exchange Commission (SEC) is an independent federal government agency responsible for protecting investors, maintaining fair and orderly functioning of securities markets and facilitating capital formation. It was created by Congress in 1934 as the first federal regulator of securities markets. The SEC promotes full public disclosure, protects investors against fraudulent and manipulative practices in the market, and monitors corporate takeover actions in the United States.

Securities and Exchange Commission SEC) Rule 15c3-1. An SEC rule setting capital requirements for brokers and dealers. Under Rule 15c3-1, a broker or dealer Deleted: Person (Prudent

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18 must have sufficient liquidity in order to cover the most pressing obligations. This is defined as having a certain amount of liquidity as a percentage of the broker/dealer's total obligations. If the percentage falls below a certain point, the broker or dealer may not be allowed to take on new clients and may have restrictions placed on dealings with current client.

Structured Note. A complex, fixed income instrument, which pays interest, based on a formula tied to other interest rates, commodities or indices. Examples include inverse floating rate notes which have coupons that increase when other interest rates are falling, and which fall when other interest rates are rising, and "dual index floaters," which pay interest based on the relationship between two other interest rates - for example, the yield on the ten-year Treasury note minus the Libor rate. Issuers of such notes lock in a reduced cost of borrowing by purchasing interest rate swap agreements.

Supranational. A Supranational is a multi-national organization whereby member states transcend national boundaries or interests to share in the decision making to promote economic development in the member countries.

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 value; it includes interest earnings, realized and unrealized gains, and losses in the portfolio.

U.S. Treasury Obligations. Securities issued by the U.S. Treasury and backed by the full faith and credit of the United States. Treasuries are considered to have no credit risk and are the benchmark for interest rates on all other securities in the US and overseas. The Treasury issues both discounted securities and fixed coupon notes and bonds.

Treasury Bills. All securities issued with initial maturities of one year or less are issued as discounted instruments and are called Treasury bills. The Treasury currently issues three- and six-month T-bills at regular weekly auctions. It also issues "cash management" bills as needed to smooth out cash flows.

Treasury Notes. All securities issued with initial maturities of two to ten years are called Treasury notes and pay interest semi-annually.

Treasury Bonds. All securities issued with initial maturities greater than ten years are called Treasury bonds. Like Treasury notes, they pay interest semi-annually.

Yield to Maturity. The annualized internal rate of return on an investment which equates the expected cash flows from the investment to its cost.

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1 CITY OF PLEASANT HILL

INVESTMENT POLICY
Effective July 1, 2024

INTRODUCTION
The investment policy of the City of Pleasant Hill is based upon State of California Government Code (CGC), 53600 et seq. The primary goals of this policy are:

1. To ensure compliance with all State and Local laws governing the investment of monies in the custody of the City Treasurer.

2. To protect the principal monies entrusted to the City Treasurer.

3. To meet the daily cash flow demands of the City.

4. To generate the maximum amount of investment income within the parameters of prudent risk management.

The monies entrusted to the City Treasurer constitute the "Investment Portfolio" referred to in this document.

The Treasurer shall appoint a Deputy City Treasurer who shall perform the Treasurer's duties in the absence of the Treasurer.

SCOPE
The Treasurer is responsible for investing the unexpended cash in the City Treasury.

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2 OBJECTIVES
Objectives have been set in order to achieve the goals of this investment policy. The primary objectives, in priority order, of the City of Pleasant Hill's investment policy are:

A. Safety of Principal
Safety of principal is the foremost objective of the City of Pleasant Hill. With each investment transaction the Treasurer shall seek to ensure that capital losses are avoided, whether these losses are from securities default, broker-dealer default, or erosion of market value. The City shall seek to preserve principle by mitigating the two types of risk:
credit risk and market risk.

Further guidelines for safety of principal shall include:

1. Limiting the Portfolio's exposure to each issue and each issuer of debt.

2. Determining minimum credit requirements for firms that hold City monies.

B. Liquidity
The City of Pleasant Hill's investment portfolio will remain sufficiently liquid to enable the City to meet all operating requirements, which might be reasonably anticipated.

C. Return on Investment
Return on investment shall be an average market rate of return governed by the objectives of safety and liquidity in accordance with prudent investment principles.

The City will not invest in securities maturing more than five (5) years from the date of trade settlement, unless the City Council has granted authority to make such an investment.

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3 The Treasurer shall maintain procedures for establishing a list of authorized broker/dealers and financial institutions which are approved for investment purposes that are selected through a process of due diligence as determined by the City. Due inquiry shall determine whether such authorized broker/dealers, and the individuals covering the City are reputable and trustworthy, knowledgeable and experienced in Public Agency investing and able to meet all of their financial obligations. These institutions may include "primary" dealers or regional dealers that qualify under Securities and Exchange Commission (SEC) Rule 15c3-1 (uniform net capital rule).

The City shall at least annually send a copy of the current investment policy to all dealers approved to do business with the City. Confirmation of receipt of this policy shall be considered evidence that the dealer understands the City's investment policies and intends to offer the City only appropriate investments.

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4 Selection of broker/dealers used by an external investment adviser retained by the City will be at the sole discretion of the adviser. Where possible, transactions with broker/dealers shall be selected on a competitive basis and their bid or offering prices shall be recorded. If there is no other readily available competitive offering, best efforts will be made to document quotations for comparable or alternative securities. When purchasing original issue instrumentality securities, no competitive offerings will be required as all dealers in the selling group offer those securities at the same original issue price.

DELIVERY, SAFEKEEPING OF SECURITIES, AND CUSTODY
To protect against potential losses by collapse of individual securities dealers, all securities owned by the City (including collateral on repurchase agreements), shall be held in the City's name in safekeeping by a third-party custodian. Said trust department shall act as agent for the City of Pleasant Hill pursuant to a custody agreement between the bank and the City. All securities shall be received and delivered using standard delivery-versus-payment procedures. The Custodian shall provide safekeeping receipts of all securities held. A monthly report will be received by the City from the custodian listing all securities held in safekeeping with current market data and other information.

The only exceptions to the foregoing shall be depository accounts and securities purchases made with: (i) local government investment pools; (ii) time certificates of deposit, and (iii) money market mutual funds, since these securities are not deliverable.

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5 • The City shall receive monthly statements of collateral.

All participants in the investment process are required to comply with terms of the Political Reform Act, Fair Political Practices Commission Regulations promulgated thereunder (2 C.C.R. §§ 18110 through 18998), the City’s Conflict of Interest Policy, including, without limitation, filing of Form 700, notification, and recusal obligations, and CGC section 1090 prohibitions.

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6 reported in a timely fashion and appropriate action is taken to control adverse developments.

The following investments are authorized:

3. Municipal securities, including obligations of the City, the State of California, and any local agency within the State of California, provided that:
a) The securities are rated in a rating category of "A" or its equivalent or better by at least one Nationally Recognized Statistical Rating Organization ("NRSRO").
b) No more than 5% of the total portfolio may be invested in any single issuer.

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7 c) No more than 30% of the total portfolio may be in Municipal Securities. d) The maximum maturity does not exceed five (5) years.

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8 • No more than 10% of the outstanding commercial paper of any single issuer.
• No more than 25% of the City's investment assets under management may be invested in Commercial Paper.
• No more than 5% of the total portfolio may be invested in any single issuer. • The maximum maturity does not exceed 270 days.

7. Negotiable Certificates of Deposit (NCDs), issued by a nationally or statechartered bank, a savings association, or a federal association, a state or federal credit union, or by a federally licensed or state-licensed branch of a foreign bank, provided that:
a) The amount of the NCO insured up to the FDIC limit does not require any credit ratings.
b) Any amount above the FDIC insured limit must be issued by institutions which have short-term debt obligations rated "A-1" or its equivalent or better by at least one NRSRO; or long-term obligations rated in a rating category of "A" or its equivalent or better by at least one NRSRO. c) No more than 30% of the total portfolio may be invested in NCDs. d) No more than 5% of the total portfolio may be invested in any single issuer. e) The maximum maturity does not exceed five (5) years.

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9 11. Repurchase Agreements collateralized with securities authorized under CGC, maintained at a level of at least 102% of the market value of the Repurchase Agreement. There are no limits on the dollar amount or percentage that the City may invest, provided that:
a) Securities used as collateral for Repurchase Agreements will be delivered to an acceptable third-party custodian.
b) Repurchase Agreements are subject to a Master Repurchase Agreement between the City and the provider of the repurchase agreement. The Master Repurchase Agreement will be substantially in the form developed by the Securities Industry and Financial Markets Association (SIFMA). c) The maximum maturity does not exceed one (1) year.

14. Local Agency Investment Fund (LAIF) - pool established by the State Treasurer for the benefit of local agencies, up to the maximum amount permitted by LAIF.

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10 • No more than 30% of the total portfolio may be invested in these securities. • No more than 10% of the total portfolio may be invested in any single issuer.
• The maximum maturity does not exceed five (5) years.

INELIGIBLE INVESTMENTS
• State law notwithstanding, any investments not specifically described herein are prohibited, including, but not limited to futures and options. • In accordance with Government Code, Section 53601.6, investment in inverse floaters, range notes, or mortgage derived interest-only strips is prohibited.
• Investment in any security that could result in a zero-interest accrual if held to maturity is prohibited Under a provision sunsetting on January 1, 2026, securities backed by the U.S. Government that could result in a zero- or negative-interest accrual if held to maturity are permitted. • Trading securities for the sole purpose of speculating on the future direction of interest rates is prohibited.
• Purchasing or selling securities on margin is prohibited. • The use of reverse repurchase agreements, securities lending or any other form of borrowing or leverage is prohibited.
• The purchase of foreign currency denominated securities is prohibited. • The purchase of a security with a forward settlement date exceeding 45 days from the time of the investment is prohibited.

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11 responses to the following questions from any investment pool or mutual fund in which the City invests:
• A description of eligible investment securities, and a written statement of investment policy and objectives.
• A description of interest calculations and how it is distributed, and how gains and losses are treated.
• A description of how the securities are safeguarded (including the settlement processes), and how often the securities are priced and the program audited.
• A description of who may invest in the program, how often, and what size deposit and withdrawal are allowed.
• A schedule for receiving statements and portfolio listings. • Are reserves, retained earnings, etc. utilized by the pool/fund? • A fee schedule, and when and how it is assessed.
• Is the pool/fund eligible for bond proceeds and/or will it accept such proceeds?

RISK MANAGEMENT AND DIVERSIFICATION
Mitigating Credit Risk in the Portfolio
Credit risk is the risk that a security or a portfolio will lose some or all its value due to a real or perceived change in the ability of the issuer to repay its debt. The City will mitigate credit risk by adopting the following strategies:
• The diversification requirements included in the "Authorized Investments" section of this policy are designed to mitigate credit risk in the portfolio. • No more than 5% of the total portfolio may be deposited with or invested in securities issued by any single issuer unless otherwise specified in this policy.
• The City may elect to sell a security prior to its maturity and record a capital gain or loss, in order to manage the quality, liquidity or yield of the portfolio in response to market conditions or City's risk preferences. • If a security owned by the City is downgraded to a level below the requirements of this policy, making the security ineligible for additional purchases, the following steps will be taken:
• Any actions taken related to the downgrade by the investment manager will be communicated to the City Treasurer in a timely manner. • If a decision is made to retain the security, the credit situation will be monitored and reported to the City Council.

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12 Mitigating Market Risk in the Portfolio
Market risk is the risk that the portfolio value will fluctuate due to changes in the general level of interest rates. The City recognizes that, over time, longer-term portfolios have the potential to achieve higher returns. On the other hand, longer-term portfolios have higher volatility of return. The City will mitigate market risk by providing adequate liquidity for short-term cash needs, and by making longer-term investments only with funds that are not needed for current cash flow purposes.

The City further recognizes that certain types of securities, including variable rate securities, securities with principal paydowns prior to maturity, and securities with embedded options, will affect the market risk profile of the portfolio differently in different interest rate environments. The City, therefore, adopts the following strategies to control and mitigate its exposure to market risk:
• The City will maintain a minimum of six months of budgeted operating expenditures in short-term investments to provide sufficient liquidity for expected disbursements.
• The maximum stated final maturity of individual securities in the portfolio will be five (5) years, except as otherwise stated in this policy. • The duration of the portfolio will generally be approximately equal to the duration (typically, plus or minus 20%) of a Market Benchmark, an index selected by the City based on the City's investment objectives, constraints and risk tolerances.

REPORTING
According to state law, the City Treasurer shall render an investment report no less than quarterly to the chief executive officer and the legislative body of the City.

The Treasurer shall monitor and evaluate the portfolio’s performance relative to the chosen market benchmark(s), which will be included in the Treasurer’s quarterly report. The

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13 Treasurer shall select an appropriate, readily available index to use as a market benchmark. Benchmarks may change over time based on changes in market conditions or cash flow requirements.

Respectfully submitted,
Andrew Kalinowski
City Treasurer
July 1, 2024

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14 Glossary of Investment Terms
Agencies. Shorthand market terminology for any obligation issued by a governmentsponsored entity (GSE), or a federally related institution. Most obligations of GSEs are not guaranteed by the full faith and credit of the US government. Examples are:

FFCB. The Federal Farm Credit Bank System provides credit and liquidity in the agricultural industry. FFCB issues discount notes and bonds.

FHLB. The Federal Home Loan Bank provides credit and liquidity in the housing market. FHLB issues discount notes and bonds.

GNMA. The Government National Mortgage Association, known as "GinnieMae," issues mortgage pass-through securities, which are guaranteed by the full faith and credit of the US Government.

PEFCO. The Private Export Funding Corporation assists exporters. Obligations of PEFCO are not guaranteed by the full faith and credit of the US government.

TVA. The Tennessee Valley Authority provides flood control and power and promotes development in portions of the Tennessee, Ohio, and Mississippi River valleys.

TVA currently issues discount notes and bonds.

Asset Backed Securities. Securities supported by pools of installment loans or leases or by pools of revolving lines of credit.

Average Life. In mortgage-related investments, including CMOs, the average time to expected receipt of principal payments, weighted by the amount of principal expected.

Benchmark. A comparison security or portfolio. A performance benchmark is a partial market index, which reflects the mix of securities allowed under a specific investment policy.

Broker. A broker brings buyers and sellers together for a transaction for which the broker receives a commission. A broker does not sell securities from their own position.

Certificate of Deposit (CD). A time deposit with a specific maturity evidenced by a certificate.

Certificate of Deposit Account Registry SYSTEM (CDARS). A private placement

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15 service that allows local agencies to purchase more than $250,000 in CDs from a single financial institution (must be a participating institution of CDARS) while still maintaining FDIC insurance coverage. Intrafi is an entity providing this service.