Solvang City Council
February 24, 2025

Agenda 2025-02-24 CC
AGENDA

SOLVANG CITY COUNCIL
MONDAY FEBRUARY 24, 2025
6:30 PM REGULAR MEETING
City Council: 1644 Oak Street, Solvang, Ca 93463
David Brown, Mayor Virtual & in Council Chamber
Mark Infanti District 1
Claudia Orona Mayor pro tem District 2
Louise Smith District 3
Elizabeth Orona District 4
PARTICIPATING IN THE MEETING -City Council meetings will be in person and conducted by video/teleconferencing through Zoom. The meeting will also be broadcast live on Channel 23 and streamed on the City’s website, Vimeo, and YouTube https://www.youtube.com/@CityofSolvang1/ • To join by Zoom, visit https://zoom.us/j/3066529195. If you wish to speak, please use the “raised hand” symbol.
• To join by phone, call (888) 788-0099 and enter Meeting ID: 306 652 9195#. The phone line will be open 30 minutes before the meeting.
6:30 PM REGULAR MEETING

CALL TO ORDER

ROLL CALL

PLEDGE OF ALLEGIANCE

1. PROCLAMATIONS, COMMENDATIONS AND CEREMONIAL ITEMS
None
0BAGENDA AND SUPPORTING MATERIALS – Available for viewing 8:00a.m.-5:00p.m. at City Hall, 1644 Oak Street, Solvang, and on the City’s website https://www.cityofsolvang.com/agendacenter. Additional writings distributed to a majority of the City Council after the posting of the agenda will be made available at City Hall and on the City’s website.
1BAGENDA POSTING NOTIFICATION - Subscribe to receive email or text message notifications when agendas are posted online through “Notify Me” at: https://www.cityofsolvang.com/List.aspx 2BPUBLIC COMMENT - The public is encouraged to address the City Council in-person, virtually, or in-writing on agenda and non-agenda items. If provided in writing, comments must be submitted to the City Clerk at [email protected] by 5:00 p.m. on the Friday before the meeting to be considered. Your comment will be recorded and distributed appropriately. Comments on agenda items will be heard at the time each item is considered, including non-agenda items. In-person speakers will be invited to make public comments first.

Virtual speakers will follow.

CAMPAIGN CONTRIBUTION DISCLOSURE - Pursuant to Government Code Section 84308, any party to a City proceeding must disclose on the record any campaign contributions made to a member of the City Council [or commission] in excess of $250 in the past 12 months. This disclosure requirement includes contributions by the party’s agent and aggregated contributions from persons or entities related to the party. Please make the disclosure as soon as possible, but not later than the beginning of the proceeding. 3BAMERICANS WITH DISABILITIES ACT - If, as a participant of this meeting, you need special assistance the City will attempt to accommodate you in every reasonable manner. Please contact the City Clerk at either (805) 688-5575 x206 or [email protected]. 72- hours’ notice is requested. 4BLET YOUR VOICE BE HEARD! Do you have about one minute a month to help make Solvang better? The City of Solvang is working with FlashVote to engage the community and gather valuable input from residents to inform our decisions. We encourage residents to sign up at www.flashvote.com/Solvang or call 775-235-2240 to participate by phone or text only.
1 Agenda 2025-02-24 CC

2. PRESENTATIONS
a. City Attorney Brown Act, Public Records Act & Levine Act Training

3. PUBLIC COMMUNICATIONS – NON- AGENDA AND CONSENT ITEMS This section is intended to provide members of the public with the opportunity to address the Council on items not on the Agenda and on Consent. This section is limited to 30 minutes. Each speaker will be afforded three minutes and may speak only once. State law does not allow the Council to discuss or act on issues not on the agenda, except to briefly respond or ask Staff to follow up on such items.

4. CITY MANAGER REPORT AND ADVANCE CALENDAR
Informational Report

5. GC SECTION 53232.3(d) (aka AB 1234) and GC SECTION 84308 (aka SB 1439) REPORT OUT

EX-PARTE COMMUNICATIONS, COUNCIL COMMENTS, REQUESTS
Reports of meetings attended, contributions made or received, and Comments and requests from City Council Members.

6. CONSENT ITEMS
Consent is designed for routine; administrative city matters and is approved by roll call vote with one motion.

These items are discussed only at the request of council members. Members of the public were afforded an opportunity to speak on Consent items during the Public Communications portion of this agenda. a. Approve Order of Agenda as Presented.
b. Approve City Council Minutes: February 10, 2025
c. Receive and file SYVT Monthly Memo – January 2025 Ridership Reports d. Receive and file Quarterly Investment Report Oct – Dec 2024 e. Approve Amendment 1 to the agreement with Extreme Clean Janitorial for additional janitorial services for the additional amount of $765,422 for a total contract amount not to exceed $1,380,138 and extend the term to June 30, 2026, and authorize the Mayor to execute on behalf of the City; and
Approve a budget adjustment of $215,422.
f. Receive and file Quarterly Council Goals Update.

7. PUBLIC HEARINGS
None

8. DISCUSSION ITEMS:
a. Discussion and possible action by the Mayor to Appoint two City Council members to the Ad Hoc Budget Committee

9. COUNCIL CLOSING COMMENTS

10. ADJOURNMENT

AFFIDAVIT OF POSTING
I, Annamarie Porter, City Clerk for the City of Solvang, California, DO HEREBY CERTIFY under penalty of perjury under the laws of the State of California, that the foregoing revised notice was posted at the City of Solvang City Hall bulletin board at 1644 Oak Street, Solvang, CA and on the City of Solvang website not less than 72 hours prior to the meeting, per Government Code 54954.2.

Dated this 19th day of February 2025.
3 71
72 75
76 102
106
110
2 Presented by:

Transparency Laws and Due Process
– What You Need to Know
February 24, 2025
Craig Steele – Richards, Watson & Gershon
3 Open Government
"The people have the right of access to
information concerning the conduct of the
people's business, and, therefore, the
meetings of public bodies and the writings of
public officials and agencies shall be open
to public scrutiny.”
- California Constitution, Art. I, §3(b)(1)
4 Open Government
 The Brown Act • Open meetings and public participation  The Political Reform Act • Conflicts of interest • Gifts and perks  The Public Records Act • Public access to government records  The Levine Act • Political fundraising and conflicts of interest  Due Process • Bias
• Fair process laws
5 Purposes of the Brown Act
 Public Participation in the Decision-Making
Process
 Public Oversight of the Decision-Making Process
 Protection of public agencies’ legitimate
confidentiality interests
6 Open Meeting Rule
"All meetings of the legislative body of a local
agency shall be open and public, and all persons
shall be permitted to attend any meeting of the
legislative body of a local agency, except as
otherwise provided in this chapter.”
Gov. Code § 54953(a)
7 Applies to “Legislative Bodies”
 What is a “legislative body?”
• Governing body of the local agency
• Subordinate boards & commissions created by formal
action of the governing body
• Standing committees with a regular meeting schedule
and continuing subject matter jurisdiction
 What is not a “legislative body?”
• Advisory committees, composed solely of the members of the legislative body that are less than a quorum of the legislative body
8 What is a “Meeting”?
Elements
Majority of
members of
body present
Same time and
location
(including
teleconference
location)
To hear, discuss,
deliberate, or
take action on
any item
Within subject
matter
jurisdiction
9 Serial Meetings Are Illegal
 What is an illegal serial meeting?
• Series of direct or indirect communications (through
intermediaries or using technology)
• By a majority of the body
• To discuss, deliberate, or take action on any item of business or potential business
 Individual briefings are okay
• “Unidirectional”
• Don’t describe views of any other members
• Don’t ask about other member’s views
10 Hub & Spoke Chain
2 Types of Illegal Serial Meetings
11 Unintentional Serial Meetings
Serial meetings in the digital age
Group e-mails and texts
Comment sections
Social Media
Twitter, Instagram, Facebook, etc.
can result in inadvertent violations
12 Serial Meeting Takeaways
 Avoid discussing City business with more than one
other member outside a public meeting
 Avoid soliciting or communicating the view of
other member outside a public meeting
 Avoid interacting with other members on social
media
13 DO NOT:

Communicate your position
on a pending matter to a
majority of members
Solicit responses from other
members when forwarding
information you receive

REPLY ALL
Tips for Electronic Communication
14 Tips for Electronic Communication
DO: Use caution (“bcc”!)
when emailing other
members
Deliberations must occur
publicly in a meeting.

Not by text or on
social media!
15 Internet-Based Social Media
Platforms (Gov’t Code 54952.2)
DO NOT:

Make, post
or share
comments
between
members of a
legislative body
Includes
comments or use
of digital icons
that express
reactions to
communications
made by other
members of the
legislative body
Applies to TWO
members –
majority not
required
16 Internet-Based Social Media
Platforms (Gov’t Code 54952.2)
OKAY TO:

Answer
questions from
the public
Provide
information to
the public
Solicit
information from
the public
17 Teleconference Meetings
 Traditional Rules:
• Quorum participates from within the agency’s
jurisdiction (e.g., the regular location)
• Teleconference location is identified on the
agenda
• Notice is posted at the teleconference site
• Teleconference location provides for public
participation
18 Teleconference Meetings –
Other Options
 AB 2449 – just cause/emergency:
• A quorum of legislative body members must be in person at the same site, and approve.
• Only if the physical attendance quorum requirement is met • A legislative body member may request virtual attendance because of “just cause” or as a result of “emergency
circumstances.”
 AB 361 - imminent risk to health & safety of
attendees
• Proclaimed emergencies only
19 Meeting Exceptions
When is a meeting
not a “meeting” subject
to the Brown Act?
Individual
contacts
(unless
serial)
Conferences
and seminars
Community
meetings
that are
open and
publicized
Another
body of the
Agency when
it is an open
and noticed
meeting of
that body
Social or
ceremonial
events
Ad hoc
committee
meetings
Observation
of standing
committee
meetings
20 Regular Meeting
Day, time, & location set by
resolution or ordinance
Agenda must be
posted 72 hours in
advance
General, brief
description of
items of business
21 Called by presiding officer or
majority of the board
Notice must be posted
24 hours in advance,
stating the time, place,
and agenda
Notice must be
received by each
member and press
unless waived
Consider only items on
the agenda
Special Meeting: Special Rules
22 Agenda Requirements
Agendas must be
publicly accessible and
distributed in advance to
those who request copies
Agenda must be posted
on Agency’s website
Teleconference location,
if any, must be included
on the agenda*
23 Agenda Requirements
No discussion or action on
items not on the posted
agenda
• Absolute rule for special meetings
• Limited exceptions for regular meetings
24 Adding to an Agenda
Items not
on the
posted
agenda
can be
discussed
and
acted
upon if:

Item came to the Agency’s attention
after the agenda was posted and
There is an immediate need to take
action before the next meeting
Two-thirds vote required
25 Agenda Requirements
Exceptions
Brief
response to
public
comments
Questions
for
clarification
/ refer to
staff
Brief
announce
ment or
report on
activities
Request for
future report
Agree to
place item
on future
agenda
Emergency
situation
exists –
requires a
majority
vote
26 Public Participation
 Any item within the subject
matter jurisdiction of the body
(regular meetings only)
 A specific item of business on
the agenda (any meeting)
The public has a
right to speak on:
27 Public Participation
 Public agencies may not prohibit public criticism of the agency or the legislative body
 Reasonable regulations of public comments are
allowed:
• Time limits
• Speaker cards
• Rules of decorum
• Recording permitted
28 Enforcement & Consequences
 CIVIL action to invalidate a decision or action
• District attorney or any interested person
• Notice and opportunity to cure, with commitment to refrain from alleged violation
• If not cured and there is subsequent court action, challenger can recover attorneys’ fees and costs  CRIMINAL prosecution
• Brought by the district attorney
• There must have been an action taken at a meeting in violation of the Brown Act, with intent to deprive public of information • Misdemeanor
Types of enforcement actions:
29 Conflicts of Interest
 Sources of Law on Conflicts
• Political Reform Act (financial conflicts)
• Common Law Rules (bias or prejudice)
• Government Code Section 1090 (contractual conflict)
 The law is aimed not just at actual misconduct, but
also at the perception of misconduct and
temptation
30 The Political Reform Act:

Recusal (Abstention) Requirements
 Prohibits public officials from making, participating in, or influencing a decision in which they have a
reason to know they have a material financial
interest
31 The Political Reform Act: Filing
Obligations
 Form 700 Statement of Economic Interests (SEI)
• Report your interests accurately
• Penalties for late filing / failure to file
• Accurate reporting prevents conflicts & increases public confidence
• Failure to report an interest will almost always make the FPPC, public, and press more suspicious
32 The Political Reform Act: Filing
Obligations
 Other types of disclosures:
• As a candidate, report campaign contributions
– Various FPPC Reporting Forms (Form 410 and others)
• As an elected officeholder, report “Behested
contributions”
– Contributions by a third party to a nonprofit at your request equaling or exceeding $5,000 in a calendar year
– Applies only when a single source contributes the $5,000 (not multiple sources) to the nonprofit
– FPPC Reporting Form 803
33 How Do You Know if You Have a
Conflict?
Is it
reasonably
foreseeable
that…
A governmental
decision
Will have a material
financial effect
On any of your
financial interests
Distinguishable from
the public generally
34 Is the public official making, participating in the
making, using or attempting to use his or her official
position to influence a governmental decision?
• Votes: motion, resolution or ordinance
• Deliberations
• Makes appointments
• Commits agency to a course of action
• Enters into a contract
• Determines not to act
“Governmental
decision”
Is a Governmental Decision
Involved?
33 35
“Participates in
making” a decision
• Acts within authority of
his/her office or
position and advises or
makes
recommendations to
decision-maker
• Negotiates, without
significant substantive
review, with third party
regarding
governmental decision
“Attempts to use an
official position to
influence a
decision”
• Contacts staff,
consultants, or other
elected officials to
advocate position
• Advocates on behalf
of his/her agency to
another governmental
agency
Is a Governmental Decision
Involved?
34 36
What are your Financial
Interests?
 Real property interests worth at
least $2,000
 Sources of income of $500 or more
in the last 12 months
• Includes non-profit entities
 Investments worth $2,000
or more
 Business interests
 Gifts of $630 from a single source
over the last 12 months
 Personal Finances > $500
37 Identifying a Conflict
 4-Step Test for Conflicts of Interest:

1. Will the governmental decision result in a “reasonably foreseeable” financial effect on one of your financial
interests?

2. If yes, is the effect on that interest “material”?

3. If the effect is material, is the effect the same as effects on the “public generally”?

4. If the effect is material and no exceptions apply, then you may not make, participate in, or use your official
position to influence that governmental decision
38 Identifying a Conflict
Bottom line:

If you are considering a
“materiality” question,
it is time to ask for
legal assistance
39 If You Are Disqualified

1. Don’t discuss with or
influence staff or
colleagues

2. Identify the nature of your
conflict at the meeting

3. Leave chambers after
stating abstention
(except for items on
consent calendar)
Note: You cannot avoid disclosure by
leaving chambers
40 Materiality Standards: Real Property
Interests
 Direct Decisions
• Property is subject of a
general plan amendment,
zoning/rezoning, or permit
decision
 Indirect Decisions
• The decision could
change the development
potential, the character, or
the use of the property,
and the official’s property
is near the affected
property
41 Materiality Standards: Real Property
Interests
 500/1000/1000+ Foot Rule
• No longer a bright line but still very relevant.
 New Rules:
• Within 500 feet of the official’s property – likely
material
• Property between 500 and 1000 feet of the
official’s property that changes: apply factors
• Property 1,000 feet or more from official’s property, rebuttable presumption of no material effect
42 Exceptions to Materiality Standards:

Real Property Interests
 Exceptions

1. There is no material financial effect if a decision solely concerns repairs, replacement or maintenance of
existing streets, water, sewer, storm drainage or similar facilities

2. There is no material financial effect if a decision solely concerns general plan policy decisions, unless the
decision is initiated by the public official

3. Common areas in common interest developments are
now excluded from the definition of “real property” for the purpose of conducting a conflict of interest analysis 43  Public Generally Exception
• A significant segment of the public will be affected
in the same manner
 Legally Required Participation Exception – Rule of
Necessity
• Not enough members to participate because of
conflicts of interest
• Random selection process
• Explanation in minutes as to why exception must be
used
Exceptions to Recusal Requirements
44 Conflicts in Decisions Affecting
Prospective Employer
 This preclusion commences
when either:
• you have an interview
with an entity for an
employment position; or
• you get an offer of
employment from an
entity
 Exception: does not apply if
you are seeking
employment with a local,
state or federal
governmental entity
FPPC Regulation § 18747
45 Campaign Contributions (Gov.

Code § 84308)
 Local elected & appointed officials subject to
disqualification
 Decisions on licenses, permits, or other
entitlements
 Contributions greater than $500 in the prior 12
months (effective 1/1/25, previously $250)
44 46
Disclosure of Contributions (Gov.

Code § 84308)
 Local appointed & elected officials must:
• Disclose campaign contribution greater than $500
• Received from a party or participant in a proceeding
involving a license, permit, or other entitlement
• In the 12 months before a final decision in the proceeding 45 47
Prohibited Contributions (Gov. Code
§ 84308)
 Local appointed & elected officials must not:
• Accept, solicit, or direct a contribution greater than $500 • On behalf of themselves or another official, candidate, or committee
• During a proceeding involving a license, permit, or other entitlement and for 12 months thereafter
• From a party, a participant, or their agents
• Who the official knows, or has reason to know, has a
financial interest in the proceeding
 Opportunity to Cure
46 48
Participation as a Member
of the Public
 Recuse yourself from
participating in your
official capacity
 May only speak as a
member of the public to
represent your “Personal”
interests
• Owned property
• Owned / controlled business
49 Political Reform Act Penalties
 Invalidation of decision
 Misdemeanor
• could result in loss of office
 Fines
• $5,000 to $10,000 per violation
 Attorney’s fees
• yours and others
 Embarrassment
• personal / political
50 Getting Help
 Talk to your legal counsel
 Seek advice from the FPPC
• 1-866-ASK-FPPC
• Request a formal advice letter, if time
permits
 “If in doubt, sit it out.”
51 Other Conflict Issues
 Common Law Conflicts
Prohibits your
participation in a
decision when there is
reasonable doubt about
your ability to make a
fair decision
Can be implicated by:
nonfinancial or personal interests
or biases (positive or negative)
about the facts or the parties
 Government Code
Section 1090
Prohibits making a
contract where you or a
member of your family
would have an interest
(direct or indirect) in a
contract with the City
52 The Public Records Act
 PRA affords any “person”
the right to inspect and be
provided a copy of any
identifiable public record
 “Person” includes an
individual or corporation
and elected members of
local agencies
 “Public record” is defined
broadly
53 What is a Public Record?
 “Public record” defined as
• Any writing
• with information relating to
the conduct of the public’s
business
• prepared, owned, used or
retained by a state or local
agency
• regardless of physical form
or characteristics
54 What is a Public Record?
 “Writing” includes
• Handwritten or printed
documents
• Photos and videos
• Voicemails
• Drawings, plans, maps
• Emails, text messages,
tweets, etc.
55 Avoid Combining Public
& Private
 Personal or political
business?
• Don’t tack it onto an email
about public agency’s
business
 Email Threads
• Changing Topics? Create
new email
56 Common Statutory Exemptions
 Preliminary drafts, notes or interagency or intraagency memoranda not kept in ordinary course of business (balancing test)
 Personnel, medical or similar records
 Documents created in anticipation of, or during,
litigation
 Personal information like SS#s, home address and
telephone #
 Salary information IS subject to disclosure
57 Fair Process Laws
“Common
Law”
Conflicts &
Due Process
Campaign
Contributions
Qualifications
for Office and
Incompatible
Offices
Competitive
Bidding
58 The Due Process Clause
 “No person shall be … deprived of life, liberty, or
property, without due process of law…”
U.S. Constitution, Amendment V
59 Due Process in Local
Government
 The Due Process Clause is implicated whenever a
local agency conducts a hearing
• Land use entitlements (Conditional Use Permits)
• License revocations
• Terminating or disciplining certain employees
 But it’s also implicated when adopting ordinances,
internal policies, General Plans, etc.
60 What does “Due Process” Mean?
 Before government may constitutionally take
an action that affects a protected interest, the
holder of that interest is entitled to:
• Reasonable notice
• A reasonable opportunity to be heard
• An impartial decision-maker
61 Local Government Actions
Legislative Decisions Quasi-judicial Decisions
• Impact numerous people
• City-wide policies
• Department policies
• Ordinances and laws
• Use of City property
• Public works projects
• General Plan and Specific
Plans
• New zoning
• Impact one person or a few
people
• Apply existing laws/policies
to a specific situation
• Impact a person’s property,
license, permit, entitlement,
or vested interest in
employment
62 “Reasonable Opportunity to be
Heard”
 Allow a reasonable amount of time for the
interested party to present his or her case
 Interested parties may be invited to submit their
comments to the body in writing
 Allow for rebuttal from the interested party
63 “Reasonable Opportunity to be
Heard”
 The hearing creates “the record”
• “substantial evidence in the record of the proceeding.…”  Follow the script
– Staff report
– Questions of staff
– Open the public hearing
– Applicant presentation
– Questions of the Applicant
– Public comment / testimony
– Rebuttal
– Close the public hearing
– Deliberation
64 “Reasonable Opportunity to be
Heard”
 The substance of the hearing cannot occur
outside of the hearing
 Ex Parte Contacts
• Not prohibited but discouraged
• Must be disclosed
65 Disqualifying bias
requires:

Concrete proof of a
specific prejudice
against a person
affected by the
decision
Bias which is sufficient
to impair the decisionmaker’s ability to
decide the matter on
appropriate grounds
An “Impartial Decisionmaker”
64 66
Bias: Fairfield v. Superior Court
 Campaign statements do not disqualify a
councilmember from voting
 The courts expect local elected officials to express
their views to their constituents on issues of policy
and public controversy
67 Tips for Decisionmakers
66  If you think you cannot be
fair, don’t participate
 Avoid statements before the
close of a hearing that
suggest your mind is made up
 Behave judiciously; avoid the
appearance of bias
68 Tips for Decisionmakers
67  If you make private site
visits, don’t make any
commitments to
applicants or neighbors
 Disclose at the hearing
any “off-the-record” (exparte) information you
have obtained
69 Thank you!
Craig Steele
[email protected]
70 Meeting Date Agenda Item Agenda Dept
10-Mar Future Studies - Infractructure & Land Use Planning Discussion Planning California Consulting Grants Consultant Presentation City Manager 24-Mar Short Term Vacation Rental update Discussion Finance/Planning Annual Housing & General Plan Report Discussion Planning Fire Chief Year in Review Presentation City Manager
28-Apr Adopt Fee Schedule Reso Consent Administration
27-May Fire Hazard Severity Zone Ordinance 1st reading Discussion City Manager Preliminary Budget Review Public Hearing Administration 9-Jun Fire Hazard Severity Zone Ordinance 2nd reading Consent City Manager Draft Budget Discussion Discussion Administration
23-Jun Final Budget Adoption Consent Administration
Future Meetings RFQ Interim Financing WWTP Administration Discussion Finance Santa Ynez Valley Community Aquatic Complex Reso Consent City Manager Storm drain modification Discussion Public Works
Outdoor dining ordinance Public Hearing Planning
Modify City Code Title 9, Chapter 3, 9-3D-3 Water
Conservation
Public Hearing Utilities
JJ Fisher Construction NOC Discussion Public Works
Award Nyborg Estates Water Mainline Replacement Contract unfunded liability
Discussion Utilities
Calpers Debt Reduction Plan Discussion City Manager
Flag Etiquette Presentation
Meeting Date Agenda Item Agenda Dept
Fire abatement and brush removal program Discussion City Manager Guidebook for development standards Discussion Planning DRC Role & Processing Procedures Discussion Planning
On-street Parking Restrictions Policy Direction Discussion Public Works Agenda Item Agenda Dept
January Annual Comprehensive Financial Report Discussion Finance January (odd
years)
Brown Act, Public Records Act, Levine Act Training Presentation City Attorney January (odd
years)
Appointment to Boards, Commissions, Committees Discussion City Clerk January Fee Schedule Review Discussion Finance
January Investment Policy Annual Review Discussion Finance February (even
years)
Budget to Actual Discussion Finance
February Measure A 5-Year Local Program of Projects Public Hearing Public Works February Mid-Year Budget Adjustments Finance
February (even
years)
Council Budget Goal Setting Public Workshop City Manager March Housing General Plan Annual Report Discussion Planning March SB1 RMRA project List Public Hearing Public Works March Solvang Mesa LLMD Annual Assessment Public Hearing Public Works March FTA 5311 Grant Agreement Consent Public Works
March TDA Grant Funding Consent Public Works
May (even years) Ordinance 1st Reading & Adoption Conflict of Interest Public Hearing City Attorney May Grant Funding Applications review Discussion Finance Oct/Jan/April/July Quarterly Financial Reports Consent Finance Oct/Jan/April/July Quarterly Marketing Update Presentation Parks & Rec Oct/Jan/April/July Quarterly Public Records Requests Report Consent City Clerk June Preliminary Budget Discussion Finance
June Two-Year Financial Plan Development or Supplemental Budget adoption
Discussion Finance
June Capital Improvement Program Discussion FIN/Public Works June/July Amend Appropriation Limit (GANN) Public Hearing November Stormwater Management Program Annual Report Consent Public Works December AB 1600 Report Discussion Public Works
December City Council Reorganization - Appointment of Mayor pro tem Discussion City Clerk December (even
years)
City Council Reorganization Council selection of
representatives to Committees and Agencies
Discussion City Clerk
Council Requested Agenda Items
Annual Reports

CITY COUNCIL ADVANCE CALENDAR
71 M 2025-02-10 CC 1
Regular Meeting – 6:30 PM
6:30 PM REGULAR MEETING

CALL TO ORDER
Honorary Mayor Audrey Smith, called the Regular meeting to order at 6:31 p.m. in the City Hall Council Chamber, 1644 Oak Street, Solvang, California.

ROLL CALL

Present: Honorary Mayor for the Day Audrey Smith, Mayor David Brown, Mayor pro tem Claudia Orona, Councilmembers Elizabeth Orona, Mark Infanti, Louise Smith

Absent: None
Staff: City Manager Randy Murphy, Acting City Attorney Craig Steele, City Clerk Annamarie Porter, Administrative Services Director Wendy Berry, Planning Manager Rafael Castillo, Parks & Recreation Director Jenny McClurg, Management Analyst Olivia Uribe-Mutal

PLEDGE OF ALLEGIANCE
Honorary Mayor Smith led in the Pledge of Allegiance.

Mayor Brown presented a City pin to Honorary Mayor Smith in appreciation of her service.

1. PROCLAMATIONS, COMMENDATIONS AND CEREMONIAL ITEMS - None

2. PRESENTATIONS
a. Office of the City Clerk Presentation
City Clerk Porter narrated a PowerPoint presentation detailing the Office of the City Clerk including its history and responsibilities.

Honorary Mayor Smith left the chamber.

3. PUBLIC COMMUNICATIONS – NON-AGENDA AND CONSENT ITEMS Mayor Brown invited public comments.

Michael Baker
Dennis Bebee
Al Cortese
Craig Kent
Lansing Duncan
Steve Martin
There were no other public communications on Non-Agenda and Consent Items.

MINUTES

SOLVANG CITY COUNCIL
MONDAY, FEBRUARY 10, 2025
72 M 2025-02-10 CC 2

4. CITY MANAGER REPORT AND ADVANCE CALENDAR
City Manager Murphy announced a public cleanup on February 15, 2025, reported the grant application period is open and there will be a mandatory workshop regarding the application process on February 19, 2025 at 5:30 p.m. and March 11, 2025 at 3:00 p.m.; and discussed the Solvang Town Hall meeting on February 11, 2025 at 5:30 p.m.

5. GC SECTION 53232.3(d) (aka AB 1234) and GC SECTION 84308 (aka SB 1439) REPORT OUT,

COUNCIL COMMENTS, REQUESTS
Councilmember Elizabeth Orona reported participating in the Measure U Workshop and attending the recent REACH Conference in Santa Barbara.

Mayor Brown reported attending the REACH Conference.

6. CONSENT ITEMS
a. Approve Order of Agenda as Presented
b. Approve City Council Minutes: January 27, 2025
c. Receive and file SYVT Quarterly Memo
d. This item was pulled from Consent Items, for separate discussion.

Councilmember Elizabeth Orona pulled Item No. 6.d for separate consideration.

Motion by Mayor pro tem Claudia Orona, to approve consent items excluding Item No. 6.d, seconded by Councilmember Elizabeth Orona, and carried 5-0.

EXCLUDED FROM CONSENT
d. Approve an Agreement with Rincon Consultants, Inc to prepare an Initial Study and prepare documents for California Environmental Quality Act (CEQA) compliance in connection with Land Use Application LUP-23-242 (Wildwood, APN 139-530-001,002), for the total amount not to exceed $252,272. For the term February 10, 2025 – December 31, 2026, and authorize the Mayor to execute on behalf of the City.

Planning Manager Castillo explained how the public will be notified of the findings of the various studies, how there can be public input in the plans, how the planning process works, what tribal consultation is, and who bears additional costs.

Acting City Attorney Steele explained this document is just for issues pertaining to CEQA; distinguished between the scope of work for the contract and the scope of the environmental document, itself; addressed preparation of the project description, the CEQA process and hiring a consultant to deliver a legally adequate CEQA document and discussed the ability to modify the scope along the way.

Motion by Councilmember Infanti to approve Item No. 6.d, as presented, seconded by Mayor pro tem Claudia Orona, and carried 4-1, Councilmember Smith opposed.

7. PUBLIC HEARINGS - None

8. DISCUSSION ITEMS
City Manager Murphy requested that Council consider Item No. 8.c prior to 8.a and Council concurred. 73 M 2025-02-10 CC 3
Mayor Brown moved to Item No. 8.c.
b. Discussion and possible action to:
i. Expand existing Security Cameras
ii. Provide Direction to Staff regarding a Video Surveillance Policy Management Analyst Olivia Uribe-Mutal provided background on item 8.c, detailing the need for surveillance and the benefits of upgraded technology.

Mayor Brown invited public comments.

There were no public comments.

Staff was provided direction to return with different scenarios of costs and proposed locations.

Mayor Brown returned to Item No. 8.a.
a. Discussion and possible action to approve Mid-Year Budget Adjustments Administrative Services Director Berry provided the background; noted the General Fund balance will increase by $693,577, the Measure U Fund balance will decrease $116,000, water will decrease $138,821, wastewater will increase $32,000, transit will increase $5,500 and all restricted funds will increase except for the gas tax which will decrease $13,123.

Mayor Brown invited public comments. There were no public comments.

Motion by Councilmember Elizabeth Orona, to approve Mid-Year Budget Adjustments for the fiscal year 2024-2025 as presented, seconded by Councilmember Smith, and carried 5-0. c. Discussion and possible action to Approve the agreement with Melton Design Group (MDG) for the Parks and Recreation Master Plan in the amount of $210,825 with a 10%contingency of $21,085, for a total amount not to exceed $231,910. for the term February 10, 2025 – December 31, 2026, authorize the Mayor to execute on behalf of the City, and Approve any Necessary Budget Adjustments.

Parks and Recreation Director McClurg provided background; the need to update the Parks and Recreation Master Plan in order to apply for grants, the RFP evaluation process; and the chosen consultant.

Mayor Brown invited public comments. There were no public comments.

Motion by Councilmember Infanti, to approve the contract with MDG for the Parks and Recreation Master Plan, seconded by Mayor pro tem Claudia Orona, and carried 4-1,. Councilmember Elizabeth Orona opposed.

9. COUNCIL CLOSING COMMENTS
Councilmember Infanti announced the City of Lompoc passed the Wine BID.

10. ADJOURNMENT – 8:24 p.m.

The meeting was adjourned at 8:24 p.m.

Respectfully submitted:

Annamarie Porter, CMC, City Clerk
74 Roadrunner Management Services, Inc.
95 Dawson Drive
Camarillo, CA 93012
(805) 389-8196
Randy Murphy January 31, 2025
City Manager
City of Solvang
411 Second St.

Solvang, CA. 93463
Subject: January 2025 Monthly Report
Dear Randy,
During the month of January, the On-Time Performance for the SYVT Fixed Route System was 97%, Los Olivos loop 100%, and the Dial-a-Ride Service had an On-Time Performance of 98%. As for the ridership, the Fixed Route had 3499 riders in the month of January with a total of 193 transfers, 86 bikes and 4 wheelchair lift assists. Los Olivos loop had 50 transfers, 25 bikes and 0 wheelchair lift assist. Dial-a-Ride had 72 Solvang passengers, 67 Buellton Passengers, and 18 County passengers totaling 157 passengers with 56 wheelchair lift assists.

In comparing prior month’s ridership and year to year
SYVT Ridership
Fixed Route Dial-A-Ride
December 2024 3672 156
January 2025 3499 157
January 2024 3568 163
There were no accidents in the month of January involving an SYVT vehicle. During the month we had no employee separations, and no new drivers were hired. Roadrunner Management Services emphasizes providing outstanding customer service along with safe and reliable transportation to the residents in the Santa Ynez Valley.

Sincerely,
Dominick Perez
General Manager
Roadrunner Management Services, Inc.
75 \

CITY OF SOLVANG
By
Wendy Berry
Quarterly Investment Report
October 2024-December 2024
76 1Quarterly Investment Report | By
Quarterly Investment Report
October 2024-December 2024
This report is consistent with the reporting requirements in the Investment Policy.

There are sufficient funds to meet the next six months’ obligations.

LAIF Activity
Balance Ending 9-30-2024 $1,290,213.20
Prior Quarter Interest $90,104.98
Transfer to Five Star/CD 0
Balance as of 12/31/2024 $1,380,318.80
Five Star Activity
Balance ending 9-30-2024
$9,207,822.73
Interest $105,704.55
Deposit to California Class 0
Balance as of 12/31/2024 $ 9,313,527.28
California Class
Balance ending 9-30-2024 $23,168,897.21
Interest $282,020.08
Deposit to Account 0
Balance as of 12/31/2024 $23,450,917.29
77 2Quarterly Investment Report | By
Notes
• As part of our cash management strategy, funds are deposited to or withdrawn from LAIF, California Class and/or Five Star Bank after evaluating daily cash needs to meet current obligations.
• LAIF interest earned on the balance for the quarter is $15,922.40 and will be credited to the account in January 2025.
• LAIF quarterly interest rates have increased from 4.518% in October 2024 to

4.434% in December 2024.
• Five Star Bank interest rate In October was 4.575% to 4.477% in December. • California Class interest rate in October was 5.0756% to 4.532% in December.

CD Activity
• In July 2024, the City invested $1,238,000.00 in CD’s. The City originally purchased five CD’s but one was called so the money was reinvested into another CD. The CD’s are listed below.

Goldman Sachs $248,000 4.9% Called
American
Commerce
$249,000 4.4% 18 Months
Valley Bank NA $244,000 4.4% 24 Months
First Fed. Saving
Bank
$249,000 4.25% 2.5 Years
Texas Exchange $248,000 5.% 3 years
JP Morgan Chase $240,000 4.5% 15 Months
CERBT Activity
The City has invested money in the California Employers’ Retirement Benefit Trust (CERBT), managed by CalPERS to reduce our unfunded liability of retiree medical and health benefits (OPEB), and to prefund future payments.

Balance as of 9/30/2024 $1,337,471.62
Contributions $0
Investment Earnings ($52,299.01)
Investment/Admin Expenses ($231.41)
78 3Quarterly Investment Report | By
Balance as of 12/31/2024 $1,284,941.20
Notes:
• Investment/Administrative Expenses are .10% and are assessed on the daily balance.

Included in this Report:
• Monthly Fund Balance Reports for October 2024-December 2024 • LAIF Statement –December 2024
• Five Star Bank Statement – December 2024
• California Class Statement – December 2024
• CD Statements – December 2024
• CERBT Statement- December 2024
79 CITY OF SOLVANG INVESTMENTS
OCTOBER 2024
FUND FUND % OF
# FUND BALANCE TOTAL
100 GENERAL FUND $ 18,964,371.68 50.63%
200 GOVERNMENTAL IMPACT FEES $ 1,668,302.64 4.45%
201 TRAFFIC SAFETY $ 6,805.68 0.02%
202 GAS TAX FUND $ 315,183.39 0.84%
203 LOCAL TRANSPORTATION $ 508,914.46 1.36%
204 MEASURE A $ 1,587,648.28 4.24%
205 SKYTT MESA LLMD $ 469,029.26 1.25%
207 MEASURE U $ 1,731,754.87 4.62%
300 CAPITAL PROJECTS $ (389,625.66) -1.04%
500 WATER FUND $ 6,964,523.03 18.60%
501 WASTEWATER $ 1,982,234.59 5.29%
502 TRANSIT FUND $ 2,288,078.67 6.11%
600 EQUIPMENT/VEHICLE POOL $ 1,263,121.05 3.37%
800 GENERAL FIXED ASSET GROUP 0.00 0.00%
TOTALS $ 37,453,175.76 100%
Interest
Rate
LAIF BALANCE $ 1,380,318.18 4.518%
CHECKING ACCOUNTS $ 36,072,857.58 4.575%/4.949%
TOTALS 37,453,175.76 $
** All City investments for the month are in compliance with California Government Code, Section 53646(b)(1).
** Current investments meet expenditure requirements for the next six months. 80 CITY OF SOLVANG INVESTMENTS
NOVEMBER 2024
FUND FUND % OF
# FUND BALANCE TOTAL
100 GENERAL FUND $ 19,456,979.19 50.74%
200 GOVERNMENTAL IMPACT FEES $ 1,679,119.18 4.38%
201 TRAFFIC SAFETY $ 7,526.20 0.02%
202 GAS TAX FUND $ 345,035.91 0.90%
203 LOCAL TRANSPORTATION $ 510,674.84 1.33%
204 MEASURE A $ 1,629,355.71 4.25%
205 SKYTT MESA LLMD $ 455,251.65 1.19%
207 MEASURE U $ 1,697,303.13 4.43%
300 CAPITAL PROJECTS $ (481,337.61) -1.26%
500 WATER FUND $ 7,404,443.59 19.31%
501 WASTEWATER $ 2,104,384.99 5.49%
502 TRANSIT FUND $ 2,230,195.33 5.82%
600 EQUIPMENT/VEHICLE POOL $ 1,267,490.29 3.31%
800 GENERAL FIXED ASSET GROUP 0.00 0.00%
TOTALS $ 38,343,327.22 100%
Interest
Rate
LAIF BALANCE $ 1,380,318.18 4.518%
CHECKING ACCOUNTS $ 36,963,009.04 4.518%/4.827%
TOTALS 38,343,327.22 $
** All City investments for the month are in compliance with California Government Code, Section 53646(b)(1).
** Current investments meet expenditure requirements for the next six months. 81 CITY OF SOLVANG INVESTMENTS
DECEMBER 2024
FUND FUND % OF
# FUND BALANCE TOTAL
100 GENERAL FUND $ 19,984,709.68 50.67%
200 GOVERNMENTAL IMPACT FEES $ 1,713,262.67 4.34%
201 TRAFFIC SAFETY $ 8,477.36 0.02%
202 GAS TAX FUND $ 372,839.51 0.95%
203 LOCAL TRANSPORTATION $ 513,015.41 1.30%
204 MEASURE A $ 1,684,844.58 4.27%
205 SKYTT MESA LLMD $ 564,693.53 1.43%
207 MEASURE U $ 1,580,903.96 4.01%
300 CAPITAL PROJECTS $ (505,383.69) -1.28%
500 WATER FUND $ 7,777,782.48 19.72%
501 WASTEWATER $ 2,216,011.80 5.62%
502 TRANSIT FUND $ 2,218,314.54 5.62%
600 EQUIPMENT/VEHICLE POOL $ 1,271,829.99 3.22%
800 GENERAL FIXED ASSET GROUP 0.00 0.00%
TOTALS $ 39,438,002.64 100%
Interest
Rate
LAIF BALANCE $ 1,380,318.18 4.434%
CHECKING ACCOUNTS $ 38,057,684.46 4.477%/4.532%
TOTALS 39,438,002.64 $
** All City investments for the month are in compliance with California Government Code, Section 53646(b)(1).
** Current investments meet expenditure requirements for the next six months. 82 MALIA M. COHEN
California State Controller

LOCAL AGENCY INVESTMENT FUND

REMITTANCE ADVICE
Agency Name SOLVANG
Account Number 98-42-876
As of 01/15/2025, your Local Agency Investment Fund account has been directly credited with the interest earned on your deposits for the quarter ending 12/31/2024.

Earnings Ratio .00012664187216722
Interest Rate 4.62%
Dollar Day Total $ 125,727,802.84
Quarter End Principal Balance $ 1,380,318.18
Quarterly Interest Earned $ 15,922.40
2/4/25, 5:12 PM Untitled Page
https://laif.sco.ca.gov/Result.aspx 1/1
83 84
0000165-0000659 PDFT 730830
City of Solvang
1644 Oak Street
Solvang, CA 93463
Tel: (877) 930-5213 www.californiaclass.com
Summary Statement
December 31, 2024

Investor ID: CA-01-0175
California CLASS
California CLASS Average Monthly Yield: 4.6385%
Beginning
Balance Contributions Withdrawals
Income
Earned
Income
Earned
YTD
Average Daily
Balance
Month End
Balance
CA-01-0175-0001 CLASS Savings Account 23,359,156.25 0.00 0.00 91,761.04 450,917.29 23,362,116.28 23,450,917.29 TOTAL 23,359,156.25 0.00 0.00 91,761.04 450,917.29 23,362,116.28 23,450,917.29 85 CLASS Savings Account
Tel: (877) 930-5213 www.californiaclass.com
Account Number: CA-01-0175-0001
Account Statement
December 31, 2024

Account Summary Average Monthly Yield: 4.6385%
Beginning
Balance Contributions Withdrawals
Income
Earned
Income
Earned
YTD
Average Daily
Balance
Month End
Balance
California CLASS 23,359,156.25 0.00 0.00 91,761.04 450,917.29 23,362,116.28 23,450,917.29 Transaction Activity
Transaction Date Transaction Description Contributions Withdrawals Balance Transaction Number 12/01/2024 Beginning Balance 23,359,156.25
12/31/2024 Income Dividend Reinvestment 91,761.04
12/31/2024 Ending Balance 23,450,917.29
86 Daily Rates
December 31, 2024

Tel: (877) 930-5213 www.californiaclass.com
Performance results are shown net of all fees and expenses and reflect the reinvestment of dividends and other earnings. Many factors affect performance including changes in market conditions and interest rates and in response to other economic, political, or financial developments. Investment involves risk including the possible loss of principal. No assurance can be given that the performance objectives of a given strategy will be achieved. Past performance is no guarantee of future results. Any financial and/or investment decision may incur losses.

California CLASS
California CLASS
Date Dividend Rate Daily Yield
12/01/2024 0.000000000 4.7498%
12/02/2024 0.000129595 4.7433%
12/03/2024 0.000129619 4.7441%
12/04/2024 0.000129446 4.7377%
12/05/2024 0.000128716 4.7110%
12/06/2024 0.000386010 4.7093%
12/07/2024 0.000000000 4.7093%
12/08/2024 0.000000000 4.7093%
12/09/2024 0.000128609 4.7071%
12/10/2024 0.000128657 4.7089%
12/11/2024 0.000128809 4.7144%
12/12/2024 0.000128426 4.7004%
12/13/2024 0.000384270 4.6881%
12/14/2024 0.000000000 4.6881%
12/15/2024 0.000000000 4.6881%
12/16/2024 0.000128056 4.6868%
12/17/2024 0.000128365 4.6982%
12/18/2024 0.000127964 4.6835%
12/19/2024 0.000126121 4.6160%
12/20/2024 0.000368385 4.4943%
12/21/2024 0.000000000 4.4943%
12/22/2024 0.000000000 4.4943%
12/23/2024 0.000122622 4.4880%
12/24/2024 0.000245754 4.4973%
12/25/2024 0.000000000 4.4973%
12/26/2024 0.000124126 4.5430%
12/27/2024 0.000376965 4.5990%
12/28/2024 0.000000000 4.5990%
12/29/2024 0.000000000 4.5990%
12/30/2024 0.000124648 4.5621%
12/31/2024 0.000123841 4.5326%
87 For questions about your accounts:

Local: 281 582 6500

STATEMENT FOR THE PERIOD DECEMBER 1, 2024 TO DECEMBER 31, 2024 CITY OF SOLVANG - Unincorporated Assn
Account Number: A4B-000537
ENV# CEBRDBCTBBBJDQW_BBBBB

CAMBRIDGE INVESTMENT RESEARCH
1776 PLEASANT PLAIN RD
FAIRFIELD, IA 52556-8757
888-245-0452

CITY OF SOLVANG
1644 OAK ST
SOLVANG CA 93463

YOUR FINANCIAL PROFESSIONAL
Mark Edelman
RR#: S6Q
MN _CEBRDBCTBBBJDQW_BBBBB 20241231 S
Account carried with National Financial Services LLC, Member

NYSE, SIPC

BEGINNING VALUE OF YOUR PORTFOLIO $1,263,631.60
TOTAL VALUE OF YOUR PORTFOLIO $1,268,638.30

CHANGE IN VALUE OF YOUR PORTFOLIO
$ millions

FOR YOUR INFORMATION
IBDP program banks may have changed. Please visit https://www.join cambridge.com/information-for-investors/investor-resources/cambridge-disclosures/ for the most current list of program banks.

Due to industry and regulatory changes, positions not within Cambridge interval fund or mutual fund share class of choice may be converted into our share class of choice on an ongoing basis. Please contact your financial professional with questions. 07/24 08/24 09/24 10/24 11/24 12/24

1.250

1.255

1.259

1.264

1.269
Change In Value Of Your Portfolio information can be found in Miscellaneous Footnotes at the end of this statement.
88 Statement for the Period December 1, 2024 to December 31, 2024 CITY OF SOLVANG - Unincorporated Assn
Account Number: A4B-000537

Account Overview
MN _CEBRDBCTBBBJDQW_BBBBB 20241231 S
Account carried with National Financial Services LLC, Member

NYSE, SIPC

Y

ACCOUNT ALLOCATION
CDs 97.2%
Money Markets 2.8%
Percent Prior Period Current Period
Money Markets 2.8 % $31,216.39 $35,075.05
Bank Deposits 0.0 $960.26 $0.69
CDs 97.2 $1,231,454.95 $1,233,562.56
TOTAL 100.0 % $1,263,631.60 $1,268,638.30
Account Allocation shows the percentage that each asset class represents of your total account value. Account Allocation for equities, fixed income, and other categories may include mutual funds and may be net of short positions. NFS has made assumptions concerning how certain mutual funds are allocated. Closed-end mutual funds and Exchange Traded Products (ETPs) listed on an exchange may be included in the equity allocation. The chart may not reflect your actual portfolio allocation. Consult your broker/dealer prior to making investment decisions.

CHANGE IN ACCOUNT VALUE Current Period Year-to-Date
BEGINNING VALUE $1,263,631.60 $0.00
Additions and Withdrawals $0.00 $1,250,000.00
Misc. & Corporate Actions $0.00 $0.00
Income $2,904.59 $15,119.74
Taxes, Fees and Expenses ($2.00) ($9.00)
Change in Value $2,104.11 $3,527.56
ENDING VALUE (AS OF 12/31/24) $1,268,638.30 $1,268,638.30 Total Accrued Interest $7,878.58
Ending Value with Accrued Interest $1,276,516.88
Refer to Miscellaneous Footnotes for more information on Change in Value.

INCOME
TAXABLE Current Period Year-to-Date
Taxable Dividends $114.44 $362.32
Taxable Interest $2,790.15 $14,757.42
TOTAL TAXABLE $2,904.59 $15,119.74
TOTAL INCOME $2,904.59 $15,119.74
Taxable income is determined based on information available to NFS at the time the statement was prepared, and is subject to change. Final information on taxation of interest and dividends is available on Form 1099-Div, which is mailed in February of the subsequent year.

TAXES, FEES AND EXPENSES Current Period Year-to-Date
Account Fees ($2.00) ($9.00)
TOTAL TAXES, FEES AND EXPENSES ($2.00) ($9.00)
89 Statement for the Period December 1, 2024 to December 31, 2024 CITY OF SOLVANG - Unincorporated Assn
Account Number: A4B-000537

Account Overview continued
MN _CEBRDBCTBBBJDQW_BBBBB 20241231 S
Account carried with National Financial Services LLC, Member

NYSE, SIPC

REALIZED GAIN (LOSS) Current Period Year-to-Date
Short Term Gain $0.00 $0.00
Short Term Loss $0.00 $2.64
Disallowed Short Term Loss $0.00 $0.00
TOTAL SHORT TERM GAIN (LOSS) $0.00 ($2.64)
Long Term Gain $0.00 $0.00
Long Term Loss $0.00 $0.00
Disallowed Long Term Loss $0.00 $0.00
TOTAL LONG TERM GAIN (LOSS) $0.00 $0.00
NFS-provided cost basis, realized gain (loss) and holding period information may not reflect all adjustments necessary for your tax reporting purposes. Please refer to Footnotes and Cost Basis Information at the end of this statement for more information.

MESSAGES AND ALERTS
National Financial Services has been advised by Cambridge Investment Research, Inc that Cambridge may receive payment for directing order flow. Upon written request to Cambridge, you may obtain the identity of the venue to which your orders were routed for the six months prior to your request and the time of the transactions that may have resulted from such orders.

Please contact your financial professional with any questions.

Effective February 2025, Deutsche Bank will be added to the Bank Deposit Sweep Program, BDSP, bank list, and United Community Bank will be removed from the BDSP bank list.

Further, effective March 2025, BankUnited, Pinnacle Bank, and Axos Bank will be removed from the BDSP bank list and effective April 2025 Centennial Bank will be removed from the BDSP bank list. No action is required. If you would like to opt out of banks or have questions, please contact your financial professional.
90 Statement for the Period December 1, 2024 to December 31, 2024 CITY OF SOLVANG - Unincorporated Assn
Account Number: A4B-000537
MN _CEBRDBCTBBBJDQW_BBBBB 20241231 Page 4 of 12 S
Account carried with National Financial Services LLC, Member

NYSE, SIPC
Holdings
NFS-provided cost basis, realized gain (loss) and holding period information may not reflect all adjustments necessary for tax purposes. Please refer to Footnotes and Cost Basis Information at the end of this statement for more information.

AI (Accrued Interest) - Represents interest accumulated since the last coupon date, but not yet paid by the issuer or received by NFS. There is no guarantee that AI will be paid by the issuer.

For additional information regarding your holdings, please refer to the footnotes at the end of the statement.

CASH AND CASH EQUIVALENTS - 2.76% of Total Account Value Description
Symbol/Cusip
Account Type Quantity
Price on
12/31/24
Current
Market Value
Estimated
Annual Income
Money Markets

FIDELITY TREASURY MONEY MARKET FUND FZFXX
7 DAY YIELD 4.11% CASH
Dividend Option Reinvest
Capital Gain Option Reinvest
35,075.05 $1.00 $35,075.05
Bank Deposits
Bank deposits are not securities and are not covered by the Securities Investor Protection Corporation (SIPC). Funds used to purchase or sweep to a bank deposit are SIPC protected until deposited to a Program Bank at which time funds may be eligible for FDIC insurance. Customers are responsible for monitoring their total deposits at each Program Bank to determine the extent of available FDIC insurance. Refer to the Bank Deposit Detail section which appears later in this statement for information on the banks holding your deposits. If your account was established on the last business day of this month, your statement will not include a Bank Deposit Detail section. The Interest Rate below is the interest rate effective for Cash Balances in your FDIC-Insured Bank Deposit Sweep on the last day of the statement period.

INSURED BANK DEPOSIT PROGRAM QIDPQ
Interest Rate 0.25% CASH

0.69 $1.00 $0.69
Total Cash and Cash Equivalents $35,075.74
91 Statement for the Period December 1, 2024 to December 31, 2024 CITY OF SOLVANG - Unincorporated Assn
Account Number: A4B-000537
MN _CEBRDBCTBBBJDQW_BBBBB 20241231 Page 5 of 12 S
Account carried with National Financial Services LLC, Member

NYSE, SIPC
HOLDINGS > FIXED INCOME - 97.24% of Total Account Value For an explanation of fixed income pricing, please see the last page. Redemption schedule(s), bond rating(s), and other information are provided where available. If information does not appear regarding a particular investment, it is not available.

Copyright 2022, S&P Global Market Intelligence. Reproduction of any information, data or material, including ratings ("Content") in any form is prohibited except with the prior written permission of the relevant party. Such party, its affiliates and suppliers ("Content Providers") do not guarantee the accuracy, adequacy, completeness, timeliness or availability of any Content and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such Content. In no event shall Content Providers be liable for any damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with any use of the Content. A reference to a particular investment or security, a rating or any observation concerning an investment that is part of the Content is not a recommendation to buy, sell or hold such investment or security, does not address the suitability of an investment or security and should not be relied on as investment advice. Credit ratings are statements of opinions and are not statements of fact.

Moody's© Copyright 2022, Moody's Investors Service, Inc. ("Moody's"). Moody's ratings ("Ratings") are proprietary to Moody's or its affiliates and are protected by copyright and other intellectual property laws.

Ratings are licensed to Licensee by Moody's. RATINGS MAY NOT BE COPIED OR OTHERWISE REPRODUCED, REPACKAGED, FURTHER TRANSMITTED, TRANSFERRED, DISSEMINATED, REDISTRIBUTED

OR RESOLD, OR STORED FOR SUBSEQUENT USE FOR ANY SUCH PURPOSE, IN WHOLE OR IN PART, IN ANY FORM OR MANNER OR BY ANY MEANS WHATSOEVER, BY ANY PERSON WITHOUT MOODY'S PRIOR WRITTEN CONSENT. Moody's® is a registered trademark.

Description
Symbol/Cusip
Account Type Quantity
Estimated
Price on
12/31/24
Estimated
Current
Market Value
Estimated
Annual Income
Original/Adjusted
Cost Basis
Unrealized
Gain (Loss)
CDs
Certificates of Deposit (CDs), including Market Indexed CD s and Market Linked CDs (collectively, MCDs) are generally shown at estimated market prices based upon a matrix or model pricing method that may not represent the actual price if sold prior to maturity. However, CDs and MCDs may be shown at face value for up to seven calendar days from date of issue if estimated market prices have not been received from a third party pricing vendor. The actual value of CDs and MCDs may be different from their purchase price. CDs and MCDs are subject to interest rate risk. The estimated market price reflected for MCDs may not be based on the actual closing value of the linked market index on the final maturity date and the market value of MCDs may not correspond directly to increases or decreases in the underlying linked market index. You may sell CDs or MCDs in the secondary market subject to market conditions. The secondary market for CDs and MCDs is generally illiquid. If sold prior to maturity, the value of MCDs may be less than the purchase amount or face value. The sale or redemption of any fixed income security prior to maturity may result in a substantial gain or loss, and an early withdrawal penalty may apply. Certain MCDs may only be redeemed on pre-specified liquidation dates and may have call features that allow the issuer to call the MCD prior to maturity. Certain Step Rate CDs are also subject to reinvestment risk if call provisions are exercised by the issuer and if a CD with a comparable rate is not available.

See sales materials or contact your broker/dealer for additional information.

JPMORGAN CHASE BK N A CD 4.50000% 46657VPF1
11/13/2025 FDIC INSURED CASH
CPN PMT @ MATURITY
ON NOV 13
1ST CPN DTE 11/13/2025
CALLABLE ON 05/13/2025 @ 100.0000
Accrued Interest $1449.86
Average Unit Cost $1.00
240,000 $1.00069 $240,165.60 $240,003.50
Adjusted Cost Basis $240,003.03 D $162.57
92 Statement for the Period December 1, 2024 to December 31, 2024 CITY OF SOLVANG - Unincorporated Assn
Account Number: A4B-000537
MN _CEBRDBCTBBBJDQW_BBBBB 20241231 Page 6 of 12 S
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NYSE, SIPC
HOLDINGS > FIXED INCOME continued
Description
Symbol/Cusip
Account Type Quantity
Estimated
Price on
12/31/24
Estimated
Current
Market Value
Estimated
Annual Income
Original/Adjusted
Cost Basis
Unrealized
Gain (Loss)
AMERICAN COMM BK NA BREMEN GA CD 02519TBF2

4.40000% 02/17/2026 FDIC INSURED CASH

CPN PMT MONTHLY
Next Interest Payable: 01/14/25
Estimated Yield 4.38%
Accrued Interest $540.30
Average Unit Cost $1.00
249,000 $1.00323 $249,804.27 $10,956.00 $249,003.50
Adjusted Cost Basis $249,002.64 D $801.63
YTD Amortized Premium $0.75 E
VALLEY NATL BK PASSAIC N J CD 4.40000% 919853NH0
08/06/2026 FDIC INSURED CASH

CPN PMT SEMI-ANNUAL
ON FEB 06, AUG 06
1ST CPN DTE 02/06/2025
Next Interest Payable: 02/06/25
Estimated Yield 4.37%
Accrued Interest $4353.23
Average Unit Cost $1.00
244,000 $1.00477 $245,163.88 $10,736.00 $244,003.50
Adjusted Cost Basis $244,002.82 D $1,161.06
FIRST FED SVGS BK HUNTINGTON CD 4.25000% 32021YFJ7
05/06/2027 FDIC INSURED CASH

CPN PMT MONTHLY
Next Interest Payable: 01/06/25
Estimated Yield 4.22%
Accrued Interest $753.82
Average Unit Cost $1.00
249,000 $1.00529 $250,317.21 $10,582.50 $249,003.50
Adjusted Cost Basis $249,003.01 D $1,314.20
YTD Amortized Premium $0.40 E
TEXAS EXCHANGE BK CROWLEY CD 5.00000% 88241TST8
08/09/2027 FDIC INSURED CASH

CPN PMT MONTHLY
Next Interest Payable: 01/09/25
CALLABLE ON 01/09/2025 @ 100.0000
Estimated Yield 4.99%
Accrued Interest $781.37
Average Unit Cost $1.00
248,000 $1.00045 $248,111.60 $12,400.00 $248,003.50
Adjusted Cost Basis $248,003.07 D $108.53
93 Statement for the Period December 1, 2024 to December 31, 2024 CITY OF SOLVANG - Unincorporated Assn
Account Number: A4B-000537
MN _CEBRDBCTBBBJDQW_BBBBB 20241231 Page 7 of 12 S
Account carried with National Financial Services LLC, Member

NYSE, SIPC
HOLDINGS > FIXED INCOME continued
Description
Symbol/Cusip
Account Type Quantity
Estimated
Price on
12/31/24
Estimated
Current
Market Value
Estimated
Annual Income
Original/Adjusted
Cost Basis
Unrealized
Gain (Loss)
TEXAS EXCHANGE BK CROWLEY CD 5.00000% 88241TST8 continued YTD Amortized Premium $0.36 E
Total CDs 1,230,000 $1,233,562.56 $44,674.50 $1,230,014.57 $3,547.99 Total Fixed Income 1,230,000 $1,233,562.56 $44,674.50 $1,230,014.57 $3,547.99 Total Securities $1,233,562.56 $44,674.50 $1,230,014.57 $3,547.99 TOTAL PORTFOLIO VALUE $1,268,638.30 $44,674.50 $1,230,014.57 $3,547.99 Activity
NFS-provided cost basis, realized gain (loss) and holding period information may not reflect all adjustments necessary for tax purposes. Please refer to Footnotes and Cost Basis Information at the end of this statement for more information.

PURCHASES, SALES, AND REDEMPTIONS
Settlement
Date
Account
Type Transaction Description Quantity Amount
Securities Purchased
12/20/24 CASH YOU BOUGHT FIDELITY TREASURY MONEY MARKET

FUND PROSPECTUS UNDER SEPARATE
COVER SOLICITED ORDER @ 1.0000
3,747.72 ($3,751.22)
12/31/24 CASH REINVESTMENT FIDELITY TREASURY MONEY MARKET FUND REINVEST @ $1.000
114.44 ($114.44)
Total Securities Purchased ($3,865.66)
Securities Sold
12/20/24 CASH YOU SOLD FIDELITY TREASURY MONEY MARKET

FUND REDEEMED TO COVER A SETTLED
OBLIGATION @ 1
(3.5) $3.50
Total Securities Sold $3.50
94 Statement for the Period December 1, 2024 to December 31, 2024 CITY OF SOLVANG - Unincorporated Assn
Account Number: A4B-000537
MN _CEBRDBCTBBBJDQW_BBBBB 20241231 Page 8 of 12 S
Account carried with National Financial Services LLC, Member

NYSE, SIPC
ACTIVITY >CORE FUND ACTIVITY
For more information about the operation of your core account, please refer to your Customer Agreement.

Settlement
Date
Account
Type Transaction Description Quantity Amount
12/06/24 CASH YOU BOUGHT INSURED BANK DEPOSIT PROGRAM
MORNING TRADE @ 1
869.79 ($869.79)
12/09/24 CASH YOU BOUGHT INSURED BANK DEPOSIT PROGRAM
MORNING TRADE @ 1
1,019.18 ($1,019.18)
12/16/24 CASH YOU BOUGHT INSURED BANK DEPOSIT PROGRAM
MORNING TRADE @ 1
900.49 ($900.49)
12/16/24 CASH YOU SOLD INSURED BANK DEPOSIT PROGRAM @ 1 (2) $2.00 12/20/24 CASH YOU SOLD INSURED BANK DEPOSIT PROGRAM @ 1 (3,747.72) $3,747.72 12/23/24 CASH YOU BOUGHT INSURED BANK DEPOSIT PROGRAM @ 1 0.69 ($0.69) TOTAL CORE FUND ACTIVITY $959.57
ACTIVITY >INCOME > TAXABLE INCOME
Settlement
Date
Account
Type Transaction Description Quantity Amount
Taxable Dividends
12/31/24 CASH DIVIDEND RECEIVED FIDELITY TREASURY MONEY MARKET

FUND DIVIDEND RECEIVED
$114.44
Total Taxable Dividends $114.44
Taxable Interest
12/06/24 CASH INTEREST FIRST FED SVGS BK HUNTINGTON CD

4.25000% 05/06/2027
$869.79
12/09/24 CASH INTEREST TEXAS EXCHANGE BK CROWLEY CD

5.00000% 08/09/2027
$1,019.18
95 Statement for the Period December 1, 2024 to December 31, 2024 CITY OF SOLVANG - Unincorporated Assn
Account Number: A4B-000537
MN _CEBRDBCTBBBJDQW_BBBBB 20241231 Page 9 of 12 S
Account carried with National Financial Services LLC, Member

NYSE, SIPC
ACTIVITY > INCOME > TAXABLE INCOME continued
Settlement
Date
Account
Type Transaction Description Quantity Amount
12/14/24 CASH INTEREST AMERICAN COMM BK NA BREMEN GA CD

4.40000% 02/17/2026
$900.49
12/23/24 CASH INSURED BANK DEPOSIT PROGRAM

INTEREST RECEIVED
$0.69
Total Taxable Interest $2,790.15
Total Taxable Income $2,904.59
TOTAL INCOME $2,904.59
ACTIVITY >TAXES, FEES AND EXPENSES
Settlement
Date
Account
Type Transaction Description Quantity Amount
Account Fees
12/16/24 CASH FEE Trade Confirms 11/2024 ($2.00)
Total Account Fees ($2.00)
TOTAL TAXES, FEES AND EXPENSES ($2.00)
ACTIVITY > BANK DEPOSIT DETAIL
Bank Deposits are not securities and are not covered by the Securities Investor Protection Corporation (SIPC). Funds are not FDIC insured until swept to a Program Bank. Customers are responsible for monitoring their total deposits at each Program Bank to determine the extent of available FDIC insurance. Your ending balance at each Program Bank as of the end of this statement period is shown below. If you participate in the Bank Deposit Sweep Program, the Bank Deposit Detail section lists banks and ending balances. Funds pending settlement reflect deposits to (credit) or withdrawals from (debit) to a Program Bank. Please refer to the Program Disclosure document for additional details that may impact the program.

Bank
Beginning
Balance
Ending
Balance
Bank of China-New York Branch $960.26 $0.69
Total Bank Deposits $960.26 $0.69
96 Statement for the Period December 1, 2024 to December 31, 2024 CITY OF SOLVANG - Unincorporated Assn
Account Number: A4B-000537
MN _CEBRDBCTBBBJDQW_BBBBB 20241231 Page 10 of 12 S
Account carried with National Financial Services LLC, Member

NYSE, SIPC
Footnotes and Cost Basis Information
Amortization, accretion and similar adjustments to cost basis have been provided for many fixed income securities (and some bond-like equities), however, they are not provided for certain types, such as short-term instruments, Unit Investment Trusts, foreign fixed income securities, or those that are subject to early prepayment of principal (pay downs). Where current year premium or acquisition premium amortization is provided, the prior years' cumulative amortization is reflected in the adjusted cost basis, but we cannot provide a breakdown or the total of such prior amortization amounts.

NFS is required to report certain cost basis and related information to the IRS on the Form 1099-B. Your official 1099-B forms for certain transactions will reflect which lots have been sold for tax purposes.

To apply a specific identification cost basis method to 1099-B reporting, appropriate instructions must be on file with NFS or be received by NFS before the trade has settled. Absent such instructions, NFS determines cost basis at the time of sale based on its default methods of average cost for open-end mutual funds and first-in, first-out (FIFO) for all other (including ETFs) unless your broker dealer has elected to use another default method. NFS applies FIFO (or other disposal method, if applicable) based on its records, which may be different from yours. For transactions that are not subject to 1099-B cost basis reporting, you should refer to your trade confirmations and other applicable records to determine which lots were considered sold for tax purposes.

While NFS must meet IRS requirements with respect to certain information required to be reported to the IRS, NFS-provided cost basis, realized gain and loss, and holding period information may not reflect all adjustments necessary for your tax reporting purposes. NFS makes no warranties with respect to and specifically disclaims any liability arising out of a customer's use of, or any tax position taken in reliance upon, such information.

For investments in partnerships, NFS does not make any adjustments to cost basis information as the calculation of basis in such investments requires supplemental information from the partnership on its income and distributions during the period you held your investment. Partnerships usually provide this additional information on a Form K-1 issued by April 15th of the following year.

Consult your tax advisor for further information.

D - Adjusted cost basis reflects any cumulative original issue discount, premium, or acquisition premium, and it assumes such amounts were amortized by the taxpayer over the life of the security from acquisition date through disposition date. For securities still held, maturity date was used instead of disposition date. Premium amortization was calculated using the yield-to-maturity method.

Acquisition premium was calculated using the ratable accrual method. If applicable, adjusted cost basis reflects market discount accretion which was calculated using the straight-line method and was recognized at disposition date. Gain/loss displayed for this transaction was based on cost basis as adjusted for premium and discount as stated above and does not reflect any losses disallowed because of wash sales (if applicable). The adjusted cost basis may not reflect all adjustments necessary for tax reporting purposes and may also not apply if you are using an alternative amortization calculation method. Refer to IRS Publication 550, Investment Income and Expenses, for additional information. E - YTD amortized premium was calculated on the yield-to-maturity amortization method. Cumulative premium amortization from acquisition date through disposition date is reflected in the adjusted cost basis. For securities still held, maturity date was used instead of disposition date. For tax-exempt securities, amortization of premium is required and is not deductible from taxable income. For taxable bonds, a tax election may be required to amortize premium, and the current year's amortized premium may be deductible from taxable income. Our adjusted cost basis calculation may not reflect all adjustments necessary for tax reporting purposes. It may not be applicable if you have not made an appropriate tax election or if you are using an alternative amortization calculation method. Review prior adjustments that you have made, and consult your tax advisor and IRS Publication 550, Investment Income and Expenses, for additional information.

If a sale, redemption or other disposition involved multiple tax lots, the transaction's totals may have been calculated using a combination of adjusted and unadjusted cost basis information. For lots where adjusted cost basis and its associated gain/loss are known, that was used, otherwise "regular" unadjusted cost basis and its associated gain/loss was used. 97 Statement for the Period December 1, 2024 to December 31, 2024 CITY OF SOLVANG - Unincorporated Assn
Account Number: A4B-000537
MN _CEBRDBCTBBBJDQW_BBBBB 20241231 Page 11 of 12 S
Account carried with National Financial Services LLC, Member

NYSE, SIPC
Miscellaneous Footnotes
CHANGE IN VALUE OF YOUR PORTFOLIO is the change in market value of your portfolio assets over the time period shown. The portfolio assets include the market value of all the securities in the account, plus insurance and annuity assets if applicable. The time frame of the graph is from account opening or September 2010, whichever is later, to the current period. Please note that large increases and/or declines in the change in the value of the portfolio can be due to additions, distribution and/or performance.

CHANGE IN VALUE reflects appreciation or depreciation of your holdings due to price changes plus any activity not reflected within Additions and Withdrawals, Misc. & Corporate Actions, Income, Taxes, Fees and Expenses, and Other Activity sections. Change in Value does not reflect activity related to assets in which NFS is not the custodian (e.g. Insurance and Annuities, Assets Held Away and Other Assets Held Away).

CALLABLE SECURITIES LOTTERY - When street name or bearer securities held for you are subject to a partial call or partial redemption by the issuer, NFS may or may not receive an allocation of called/redeemed securities by the issuer, transfer agent and/or depository. If NFS is allocated a portion of the called/redeemed securities, NFS utilizes an impartial lottery allocation system, in accordance with applicable rules, that randomly selects the securities within customer accounts that will be called/redeemed. NFS' allocations are not made on a pro rata basis and it is possible for you to receive a full or partial allocation, or no allocation. You have the right to withdraw uncalled fully paid securities at any time prior to the cutoff date and time established by the issuer, transfer agent and/or depository with respect to the partial call, and also to withdraw excess margin securities provided your account is not subject to restriction under Regulation T or such withdrawal will not cause an undermargined condition.

PRICING INFORMATION - Prices displayed are obtained from sources that may include pricing vendors, broker/dealers who clear through NFS and/or other sources. Prices may not reflect current fair market value and/or may not be readily marketable or redeemable at the prices shown.

FOREIGN EXCHANGE TRANSACTIONS - Some transaction types necessitate a foreign currency exchange (FX) in order to settle. FX transactions may be effected by Fidelity Forex, LLC. on a principal basis. Fidelity Forex, LLC., an affiliate of NFS, may impose a commission or markup on the prevailing interbank market price, which may result in a higher price to you. Fidelity Forex, LLC. may share a portion of any FX commission or markup with NFS. More favorable rates may be available through third parties not affiliated with NFS. The rate applicable to any transaction involving an FX is available upon request through your broker-dealer.

COST BASIS LEGISLATION - New IRS Rules will require National Financial Services to report cost basis and holding period information for the sale of shares of open end Mutual Fund holdings purchased on or after January 1, 2012 on Form 1099-B. National Financial Services determines the cost basis for all shares of open end mutual funds using a default method of average cost. Alternatively, account owners or their brokers and advisors can instruct National Financial Services to determine the cost basis for shares of open end mutual funds by 1) setting up their non-retirement accounts with one of our eleven tax lot disposal methods available to investors or 2) identifying specific tax lots to sell at the time of a transaction. Contact your broker or advisor to learn more about the cost basis tracking of your holdings.

Interval Fund Owners: Please note an interval fund is structured as an unlisted closed-end mutual fund, and not a traditional open-end mutual fund. Material differences between an interval fund and a traditional open-end mutual fund may exist, including trading/liquidity limitations, and buyback and repurchase features. Please refer to the prospectus for the interval fund you own for specific information and other important considerations or contact your financial professional. 98 GLOSSARY Short Account Balances -If you have sold securities under the short sale rule, we have, in accordance with regulations, segregated the proceeds from such transactions in your Short Account. Any market increases or decreases from the original sale price will be marked to the market and will be transferred to your Margin Account on a weekly basis. Market Value - The Total Market Value has been calculated out to 9 decimal places but the individual unit price is displayed in 5 decimal places. The Total Market Value represents prices obtained from various sources, may be impacted by the frequency in which such prices are reported and such prices are not guaranteed. Prices received from pricing vendors are generally based on current market quotes, but when such quotes are not available the pricing vendors use a variety of techniques to estimate value. These estimates, particularly for fixed income securities, may be based on certain minimum principal amounts (e.g. $1 million) and may not reflect all of the factors that affect the value of the security, including liquidity risk. In certain situations, a price may be derived from a single broker quote. The prices provided are not firm bids or offers. Certain securities may reflect "N/A" or "unavailable" where the price for such security is generally not available from a pricing source. The Market Value of a security, including those priced at par value, may differ from its purchase price and may not closely reflect the value at which the security may be sold or purchased based on various market factors. Investment decisions should be made only after consulting your broker-dealer.

Estimated Annual Income (EAI) & Estimated Yield (EY) - EAI for fixed income is calculated using the coupon rate. For all other securities, EAI is calculated using an indicated annual dividend (IAD). The IAD is an estimate of a security's dividend payments for the next 12 months calculated based on prior and/or declared dividends for that security. EY reflects only the income generated by an investment and not changes in its price which may fluctuate. Interest and dividend rates are subject to change at any time and may be affected by current and future economic, political and business conditions. EAI and EY are estimates only and may include return of principal and/or capital gains, which would render them overstated. EAI and EY are provided for informational purposes only and should not be used or relied on for making investment, trading or tax decisions. EAI and EY are based on data obtained from information providers believed to be reliable, but no assurance can be made as to accuracy, timeliness or completeness.

CUSTOMER SERVICE: Please review your statement and report any inaccuracy or discrepancy immediately by calling the telephone number of your broker-dealer reflected on the front of this statement. Reports of any inaccuracy or discrepancy regarding your brokerage account or the activity therein should be directed to your broker-dealer at the telephone number and address reflected on the front of this statement and National Financial Services LLC ("NFS").

NFS carries your brokerage account and acts as your custodian for funds and securities that are deposited with NFS by you or your broker-dealer. In addition to your initial contact with your broker-dealer you may contact NFS at (800) 801-9942. Any oral communications regarding inaccuracies or discrepancies should be reconfirmed in writing to protect your rights, including those under the Securities Investor Protection Act ("SIPA").

When contacting either your broker-dealer or NFS, remember to include your entire brokerage account number to ensure a prompt reply.

ADDITIONAL INFORMATION Free credit balances ("FCB") are funds payable to you on demand. FCB are subject to open commitments such as uncleared checks and exclude proceeds from sales of certificated securities without delivery of the certificate. If your FCB is swept to a core position, you can liquidate the core position and have the proceeds sent to you or held in your account subject to the terms of your account agreement. Required rule 10b-10(a) information not contained herein will be provided on written request. Fidelity may use this free credit balance in connection with its business, subject to applicable law.

Credit Adjustment Program. Accountholders receiving payments in lieu of qualified dividends may not be eligible to receive credit adjustments intended to help cover additional associated federal tax burdens. NFS reserves the right to deny the adjustment to any accountholder and to amend or terminate the credit adjustment program.

Options Customers. Each transaction confirmation previously delivered to you contains full information about commissions and other charges. If you require further information, please contact your broker-dealer.

Assignments of American and European-style options are allocated among customer short positions pursuant to a random allocation procedure, a description of which is available upon request. Short positions in American-style options are liable for assignment at any time. The writer of a European-style option is subject to exercise assignment only during the exercise period. You should advise your broker-dealer promptly of any material change in your investment objectives or financial situation. Splits, Dividends, and Interest. Expected stock split, next dividend payable, and next interest payable information has been provided by third parties and may be subject to change. Information for certain securities may be missing if not received from third parties in time for printing. NFS is not responsible for inaccurate, incomplete, or missing information. Please consult your broker-dealer for more information about expected stock split, next dividend payable, and next interest payable for certain securities.

Equity Dividend Reinvestment Customers. Shares credited to your brokerage account resulted from transactions effected as agent by either: 1) Your broker-dealer for your investment account, or 2) through the Depository Trust Company (DTC) dividend reinvestment program. For broker-dealer effected transactions, the time of the transactions, the exchange upon which these transactions occurred and the name of the person from whom the security was purchased will be furnished upon written request. NFS may have acted as market maker in effecting trades in 'over-the-counter 'securities.

Retirement Contributions/Distributions. A summary of retirement contributions/distributions is displayed for you in the activity summary section of your statement. Income Reporting. NFS reports earnings from investments in Traditional IRAs, Rollover IRAs, SEP-IRAs and, Keoghs as tax-deferred income. Earnings from Roth IRAs are reported as tax-free income, since distributions may be tax-free after meeting the 5 year aging requirement and certain other conditions. A financial statement of NFS is available for your personal inspection at its office or a copy of it will be mailed to you upon your written request.

Statement Mailing. NFS will deliver statements by mail or, if applicable, notify you by e-mail of your statement's availability, if you had transactions that affected your cash balances or security positions held in your account(s) during the last monthly reporting period. At a minimum, all brokerage customers will receive quarterly statements (at least four times per calendar year) as long as their accounts contain a cash or securities balance.

Sales Loads and Fees. In connection with (i) access to, purchase, sale, exchange or redemption of, and/or maintenance of positions in mutual funds, ETFs and other investment products such as alternative investments or private placements ("funds") or (ii) infrastructure needed to support such funds, some funds, or their investment affiliates, pay your introducing broker dealer and/or NFS sales loads and 12b-1 fees described in the Offering Materials as well as additional compensation for shareholder services, start-up fees, platform support and maintenance, and marketing, engagement and analytics programs. Additional information about the source(s) and amount(s) of compensation as well as other remuneration received by FBS or NFS will be furnished to you upon written request. At time of purchase fund shares may be assigned a load, transaction fee or no transaction fee status. At time of sale, any fees applicable to your transaction will be assessed based on the status assigned to the shares at time of purchase. Margin. If you have applied for margin privileges and been approved, you may borrow money from NFS in exchange for pledging the assets in your account as collateral for any outstanding margin loan. The amount you may borrow is based on the value of securities in your margin account, which is identified on your statement. If you have a margin account, this is a combined statement of your margin account and special memorandum account other than your non-purpose margin accounts maintained for you under Section 220.5 of Regulation T issued by the Board of Governors of the Federal Reserve Board. The permanent record of the separate account, as required by Regulation T, is available for your inspection upon request.

NYSE and FINRA. All transactions are subject to the constitution, rules, regulations, customs, usages, rulings and interpretations of the exchange market and its clearing house, if any, where the transactions are executed, and of the New York Stock Exchange (NYSE) and of the Financial Industry Regulatory Authority ("FINRA"). The FINRA requires that we notify you in writing of the availability of an investor brochure that includes information describing FINRA Regulation's BrokerCheck Program ("Program"). To obtain a brochure or more information about the Program or FINRA Regulation, contact the FINRA Regulation BrokerCheck Program Hotline at (800) 289-9999 or access the FINRA's web site at www.finra.org. FINRA Rule 4311 requires that your broker-dealer and NFS allocate between them certain functions regarding the administration of your brokerage account. The following is a summary of the allocation services performed by your broker-dealer and NFS. A more complete description is available upon request. Your broker-dealer is responsible for: (1) obtaining and verifying brokerage account information and documentation, (2) opening, approving and monitoring your brokerage account, (3) transmitting timely and accurate orders and other instructions to NFS with respect to your brokerage account, (4) determining the suitability of investment recommendations and advice, (5) operating, and supervising your brokerage account and its own activities in compliance with applicable laws and regulations including compliance with margin rules pertaining to your margin account, if applicable, and (6) maintaining required books and records for the services that it performs. NFS shall, at the direction of your broker-dealer: (1) execute, clear and settle transactions processed through NFS by your broker-dealer, (2) prepare and send transaction confirmations and periodic statements of your brokerage account (unless your broker-dealer has undertaken to do so). Certain securities pricing and descriptive information may be provided by your broker-dealer or obtained from third parties deemed to be reliable, however, this information has not been verified by NFS, (3) act as custodian for funds and securities received by NFS on your behalf, (4) follow the instructions of your broker-dealer with respect to transactions and the receipt and delivery of funds and securities for your brokerage account, and (5) extend margin credit for purchasing or carrying securities on margin. Your broker-dealer is responsible for ensuring that your brokerage account is in compliance with federal, industry and NFS margin rules, and for advising you of margin requirements. NFS shall maintain the required books and records for the services it performs. Securities in accounts carried by NFS are protected in accordance with the Securities Investor Protection Corporation ("SIPC") up to $500,000. The $500,000 total amount of SIPC protection is inclusive of up to $250,000 protection for claims for cash, subject to periodic adjustments for inflation in accordance with terms of the SIPC statute and approval by SIPC's Board of Directors. NFS also has arranged for coverage above these limits. Neither coverage protects against a decline in the market value of securities, nor does either coverage extend to certain securities that are considered ineligible for coverage. For more details on SIPC, or to request a SIPC brochure, visit www.sipc.org or call 1-202-371-8300. Funds used to purchase or sweep to a bank deposit are SIPC protected until deposited to a Program Bank at which time funds may be eligible for FDIC insurance. Assets Held Away, commodities, unregistered investment contracts, futures accounts, loaned securities and other investments may not be covered. Precious metals are not covered by SIPC protection. Mutual funds and/or other securities are not backed or guaranteed by any bank, nor are they insured by the FDIC and involve investment risk including possible loss of principal.

End of Statement 722239.10.0
MN _CEBRDBCTBBBJDQW_BBBBB 20241231
S
Account carried with National Financial Services LLC, Member

NYSE, SIPC

99 City of Solvang
Please note the Grand Total is your actual fund account balance at the end of the period, including all contributions per GASB 74 paragraph 22 and accrued disbursements. Please review your statement promptly. All information contained in your statement will be considered true and accurate unless you contact us within 30 days of receipt of this statement. If you have questions about the validity of this information, please contact [email protected]. 58,537.289 58,537.289
$1,284,941.20 $1,284,941.20
Period Ending Unit Value 21.950817 21.950817
Period Beginning Unit Value 22.848200 21.195160

0.000

0.000
58,537.289

0.000

0.000
58,537.289
Current Period Year to Date
Ending Units
Unit Sales for Withdrawals
Unit Purchases from Contributions
Beginning Units
Market Value Summary: Unit Value Summary:

Grand Total $1,284,941.20 $1,284,941.20

0.00 (247.93)

0.00 44,741.03

0.00 $1,240,707.12

0.00 (89.26)

0.00 (52,299.01)

0.00 $1,337,471.62
Current Period Year to Date
Ending Balance
Disbursement
Administrative Expenses
Other
Investment Earnings
Contribution
Beginning Balance
QTD Fiscal QTD Fiscal
FY End Contrib per GASB 74 Para 22 0.00 0.00
Transfer In
Transfer Out

0.00 0.00

0.00 0.00
Unit Transfer In
Unit Transfer Out

0.000

0.000

0.000

0.000
Investment Expense (142.15) (259.02)
CERBT Strategy 2
Entity #: SKB7-6953823005-001
Quarter Ended December 31, 2024
FY End Disbursement Accrual 0.00 0.00

100
Statement of Transaction Detail for the Quarter Ending 12/31/2024 City of Solvang
Entity #: SKB7-6953823005-001
Date Description Amount Unit Value Units Check/Wire Notes If you have any questions or comments regarding the new statement format please contact [email protected] Client Contact:

[email protected]

101

CITY COUNCIL STAFF REPORT
AGENDA ITEM 6.e
Meeting Date: February 24, 2025
SUBJECT: Approve Amendment 1 to the agreement with Extreme Clean Janitorial for additional janitorial services for the additional amount of $765,422 for a total contract amount not to exceed $1,380,138 and extend the term to June 30, 2026, and authorize the Mayor to execute on behalf of the City; and Approve a budget adjustment of $215,422.

PREPARED BY: Wendy Berry, Director of Administrative Services DISCUSSION:

The City entered into a janitorial contract with a new contractor, Extreme Clean Janitorial in December of 2023. The contract was approved through December 31, 2025 with a contract amount not to exceed $307,358 each year for a total amount of $614,716. As listed below, the current expense for FY 24/25 is $291,512 so an amendment is needed. The $215,422 is the estimated budget for the rest of FY 24/25 and then $550,000 is the estimated budget for FY 25/26.

Staff is requesting the contract be extended through June 30, 2026 to coincide with the budgeting process.

The contract is for janitorial services for cleaning all City’s restrooms. City Hall, Veteran’s Memorial Hall and the Annex, empty trash receptacles, closing Sunny Field Park and complete hazmat cleanup of homeless encampments when necessary.

The costs for janitorial services for the last six months are listed below:

Sunny
Fields
Sunny
Fields
Reservation
Annex
Clean
City
Hall
Clean
Trash Restrooms Vets
Hall
Clean
Hazardous
Clean
Total
$11,648 $1,144 $8,320 $8,320 $79,170 $175,240 $7,150 $520 $291,512 The increase in costs comes from additional services to open and close Sunny Fields Park, additional trash pickup and restroom cleanings during Danish Days, Julefest, and other events. Of the $291,512, $76,090 was spent for bathrooms and trash pickup during Julefest alone. Staff did not include janitorial costs in the mid-year budget adjustments because of the contract extension and dollar amount.

Extreme Clean has done an amazing job cleaning restrooms and picking up trash. The Visitor’s Center didn’t receive one negative comment during Julefest and staff was extremely satisfied with their performance.

ALTERNATIVES:

Hire additional staff to bring cleaning and trash collection duties in house.

FISCAL IMPACT:

A. Budget adjustment will be required for $215,422 and 25/26 budget will be amended to update the janitorial services to $550,000.

ATTACHMENTS:

A. Amendment 1, Campaign Disclosure
B. Fee Schedule
102
AMENDMENT NO. 1
to the Janitorial Agreement with
MANUEL J. PINA dba EXTREME CLEAN JANITORIAL
THIS FIRST AMENDMENT is made and entered into this 24TH day of February 2025 between the CITY OF SOLVANG, a municipal corporation, and Charter City (City), and MANUEL J. PINA dba EXTREME CLEAN JANITORIAL, a Sole Proprietorship (Contractor). In consideration of the mutual covenants and conditions set forth in the original janitorial contract for janitorial services dated, December 11, 2023, for an additional amount of $765,422, and to extend the term to June 30, 2026 for a total contract amount not to exceed, $1,380,138.

Campaign Contribution Disclosure: Pursuant to Government Code Section 84308, any party to a City proceeding (which includes, but is not limited to, all contracts with the City, other than competitively bid, labor, or personal employment contracts) must disclose on the record any campaign contributions made to a member of the City Council or other elected or appointed officer of the City, any candidate for elected office of the City, or any candidate for elective office of any other agency who is also an elected or appointed officer of the City in excess of $250 in the past 12 months. This disclosure requirement includes contributions by the party’s agent, such as a consultant, and aggregated contributions from persons or entities related to the party. Consultant is required to fill out and provide the attached Exhibit B ‘Applicant/Interested Party Campaign Contribution Disclosure Form’ with submission of this Agreement and to update this form after each contribution and no later than the beginning of any associated proceeding.

All remaining portions of the original Agreement and applicable portions of prior Amendment(s) shall remain in full force and effect.

CITY OF SOLVANG MANUEL J. PINA dba EXTREME CLEAN

JANITORIAL

David Brown, Mayor Manuel Pina, Owner
APPROVED AS TO FORM: ATTEST:

Craig Steele, Acting City Attorney Annamarie Porter, City Clerk 103
Exhibit B
104
DocuSign Envelope ID: F6A0C26F- 3A06- 4C1E- 9C6F- 0174479A276B i I BIT A

EXTREME CLEAN JANITORIAL
431 Second Street Ste. 9
Solvang, CA 93463
805- 697- 7873
Rebekah@extremecleanjanitorial. net
All 3 Downtown Restrooms
2 Daily Cleanings

CITY OF SOLVANG BILLING OUTLINE
Per Occurrence - $ 156 Daily - $ 312
3 Daily Cleanings with 3rd Cleaning/ Light tidy -up for Friday/ Saturday/ Sunday/ Holidays/ Pek Times Per Occurrence — (2)$ 156/()$ 78 Daily - $390
3rd Cleaning ( Light tidy -up) Solvang Park Wednesdays for Farmers Market Per Occurrence/ Daily - $52
Trash Collection
1 Daily Pick- up Cycle
2 Daily Pick- up Cycles
3 Daily Pick- up Cycles
City Hall Weekly Deep Cleaning
Annex Building Weekly Deep Cleaning
Sunny Fields Park
1 Daily Restroom Cleaning
With Trash Collection
Hans Christian Andersen Park
1 Daily Restroom Cleaning
With Trash Collection
VETS Hall Typical Full Facility Cleaning
Per Occurrence - $ 156
Per Occurrence - $ 156
Per Occurrence - $ 156
Per Occurrence/ Daily - $260
Per Occurrence/ Daily - $260
Per Occurrence/ Daily - $52
Per Occurrence/ Daily - $78
Per Occurrence/ Daily - $78
Per Occurrence/ Daily - $130
Per Occurrence/ Daily - $375
Daily - $ 156
Daily - $ 312
Daily - $ 468
Extreme Clean Janitorial Proposes the Hourly Billing Rate of $52/ hr.

This includes " On -Call Custodial Services" and additional custodial services as needed Upon Approval and/ or as Directed by the City of Solvang.

November 2023
105

CITY COUNCIL STAFF
REPORT AGENDA ITEM 6.f
Meeting Date: February 24, 2025
SUBJECT: Receive and file Solvang Council Goals 2024/26 Second Quarter Update PREPARED BY: Randy Murphy, City Manager
DISCUSSION:

As you know, Council held a workshop in March 2024 and identified a list of 33 community goals.

These goals were discussed during the subsequent budget process and Council identified the first sixteen as priorities during the current biennial budget cycle. By way of reminder, many of the goals were not expected to be achieved within the two-year budget cycle. However, they are intended to help keep staff focused on areas that Council has determined to be most important.

By way of an additional reminder, we experienced a vacancy for the Public Works Director, which has only recently been filled, so progress on some of the goals has been slow. Staff anticipates more momentum for the next quarterly update.

All of that said, the attached contains updates on the approved list.

ALTERNATIVES:

None.

FISCAL IMPACT:

None.

ATTACHMENTS:

Update #2 to Solvang City Council Goals 2024/2026
106
Update #2 to Solvang City Council Goals 2024/2026

1. Analyze all parking improvement opportunities to relieve congestion and financial options. – Public Works/Planning
Continuing to search for applicable grant funding. The initial meeting with Caltrans District 5 staff was held on February 13 and seemed to get some traction. More to come.

2. Analyze limited uses in the Urban Growth Boundary for affordable and work force housing to meet State Law and community needs. – Planning
City staff will be preparing an item for March 2025 to discuss the UGB and options the City Council has regarding the municipal code and potential analysis to remove, modify, etc. for water security, emergency ingress/egress, and potential future housing locations.

3. Identify all existing opportunities for affordable housing in TRC especially from “walkable” locations. – Planning
City Council adopted a new zoning ordinance that went into effect January 8, 2025. The new ordinance allows for conversions of 2nd story or non-ground floor office/retail into residential spaces by right, up to 4 units. Property owners have approached staff to complete this now that it is available. Those include:
• 423 Second Street
• 485 Alisal (Fredrick’s Square)
• 1697 Copenhagen
• Denmarket Square
Conversion of underutilized commercial and office space into residential units during the Housing Element planning period allows for the city to take credit for creation of residential units.

4. Pursue Solvang becoming a regional Wastewater Treatment Provider. – Utilities Staff has had conversations with LOCSD regarding their interest in the City treating its waste disposal. This option is viable for both the City and LOCSD based on initial studies and a strong consideration at this time. The recommendation is to maintain communication with LOCSD staff and possibly make this happen after the WWTP upgrades, approximately in mid to late 2028.

5. Start process to update outdated codes and ordinances. – Planning The City council has adopted a major overhaul of the City’s Zoning Ordinance that went to effect January 8, 2025. City staff has identified additional work efforts that need to be completed in 2025.

Those include amendments to the Sign Ordinance and Subdivision Ordinance, as well as landscaping, lighting, and fencing amendments. City staff will also have to codify the 2025 California Building Code (CBC) by Fall of 2025.

6. Analyze means to improve police response and enforcement including private security, technology, and increased Sheriff services. – City Manager Working with the Measure U Committee to establish spending guidelines.

7. Assess opportunities and financing to improve traffic, pedestrian, and bicycle circulation in general and especially on SR 246. – Planning/Public Works This is included as a part of Goal # 1.

8. Develop more local events to broaden and even out tourism activities. – Marketing Parks and Rec added the Turkey Bingo event, a longstanding annual community event that was put on by Alpha Pi and then Solvang School. Solvang School stopped holding the event in 2022.

We brought it back in 2024 and will plan to offer this community centered event to our community.

Additionally, the marketing team is working on adding a shoulder season event called Solvang Brick and Builds , a local Lego convention and event throughout downtown Solvang for both tourists and locals who enjoy Lego building. Solvang Parks and Rec already holds approximately 20-25 events throughout the year for our community that all locals can enjoy 107
Update #2 to Solvang City Council Goals 2024/2026 (cont.)

9. Assess opportunities to support and use local organizations more effectively to meet community needs and volunteers. – Marketing
Parks and Rec utilizes volunteers in various roles and functions throughout the year. Some examples: Teen Dances (approximately 20-25 volunteers per dance), Easter Eggstravaganza (20 volunteers), Mother/Son Luau (approximately 30 volunteers), Haunted House (50-75 volunteers), Turkey Bingo (approximately 10 volunteers), Tree Burn (approximately 20 volunteers). Groups we currently work with: Santa Ynez High School, Boys Scouts, Solvang Chamber, SBC Fire, Mission Santa Ines, National Charity League, various performers for Julefest, etc. In addition, staff worked with a local security and traffic company in obtaining crossing guards for Julefest on the busier days. Staff plans to utilize this company more often and add crossing guards to more events in Solvang as well as increasing dates and times during Julefest 2025. Staff presented the idea to add crossing guards as a requirement in the special event permit for busier events such as Danish Days (although Copenhagen is already closed so may not warrant the need) and 4th of July from the time of the parade to after the Fireworks. The TAC suggested the City pay for these services as costs are already high to hold a special event in Solvang.

10. Streamline the entitlement and building process make it easier for residents and businesses to improve their property. – Planning
The new Zoning Ordinance allows for more “by right” projects through the creation of a zoning ordinance process. City staff has established time frames for building permits and has taken over permitting functions and is now issuing permits 5 day a week and has completed a transition to accepting all digital submittals. City staff has completed Planning Application checklists and Building Permit Checklists which are now available on our website. City staff has revamped its permitting systems and is now tracking metrics to ensure timely reviews of building permits to meet established building permit turnaround times. Building Permit turn around times have fallen between 20 and 25 business days for major construction projects, less than 24 hours for over the counter permits, and minor permits less than 10 business days.

11. Evaluate market potential for expanding business meetings, retreats, and boutique conferences. – Marketing
Have had discussions with VisitSYV re coordination of this effort. More to come.

12. Explore BID to support downtown in a manner that would have Chamber support. – City Manager
Some very preliminary discussions with a vendor have happened.

13. Analyze increased water storage and/or supply with additional and/or larger reservoirs and development of injection wells for ground water storage for drought years independently or with other water purveyors. – Utilities
The City is currently working on development of HCA middle well. Part of this development is exploring the possibility of using this well as an injection well for groundwater storage. The City is also looking at beginning the planning phase for expansion of storage at Reservoir 3 site.

14. Assess Library needs, opportunities, and funding. – Administration No update.

15. Assess regional opportunities on use and development of water infrastructure. – Utilities No update.

16. Analyze feasibility to reuse wastewater either as reclaimed wastewater, enhanced treatment for well injection or as direct potable water. – Utilities (combine w 15) No update.

Council directed staff to work on the top 16 for FYs 24/5 to 25/6. Other goals that were identified during the process but not currently in focus:
108
Update #2 to Solvang City Council Goals 2024/2026 (cont.)

17. Evaluate feasibility of workforce housing opportunities with Alisal Ranch and Lot 72. – Planning

18. Assess opportunities to make existing transit more effective in the overall transportation needs of the community. – Public Works

19. Evaluate the opportunities to improve overall public safety services. – City Manager (combine w 6)

20. Develop a Danish Heritage Master Plan. – Planning

21. Assess the ability to expand and diversify commerce and industry to augment tourism dependent revenues. – City Manager

22. Analyze community meeting space needs and methods of achieving those needs with existing and additional facilities. – City Manager (combine w 11)

23. Develop a long-term infrastructure Maintenance Master Plan. – Public Works

24. Explore means to minimize the adverse impacts of tourism on the quality of life of the residents. – Marketing

25. Develop a five-year marketing plan for tourism and other business opportunities for a more sustainable and less volatile revenue base. – Marketing

26. Analyze the opportunities for broader business development. – Planning (combine w 21)

27. Develop options for meeting the cities administrative and operational needs. – Administration

28. Develop a long-term infrastructure and funding plan. – Finance

29. Evaluate the Senior Service programs long term needs. – Administration

30. Update sign codes and home occupation ordinances. – Planning

31. Consider establishing mid-range housing requirements. – Planning

32. Develop strategy to reduce or eliminate PERS liability. – City Manager

33. Assess community outreach programs. – City Manager
109

CITY COUNCIL STAFF REPORT
Agenda Item: 8.a
Meeting Date: February 24, 2025
SUBJECT: Discussion and Possible Appointment by the Mayor of two City Council members to the Ad Hoc Budget Committee.

PREPARED BY: Wendy Berry, Administrative Services Director DISCUSSION:

As we prepare for the upcoming budget season, the City Council needs to appoint two members of the Council to serve on the Ad Hoc Budget Committee. As an informal ad hoc Committee, the members are determined by the Mayor, based on expressions of interest by City Councilmembers. Last year, the committee included the Mayor and one other City Council member.

The Ad Hoc Budget Committee would include two Councilmembers, the City Manager, Admin Services Director and Finance Supervisor. The purpose of the Committee would be to review the proposed budget and prepare funding applications prior to full City Council budget consideration.

The proposed dates for the Ad Hoc budget meetings are April 17, April 21 and May 7. Staff aims to hold a public hearing for the budget on May 27 and present the draft final budget to City Council on June 9 and seek final adoption on June 23, 2025.

ALTERNATIVES:

None
FISCAL IMPACT:

No fiscal impact.

ATTACHMENTS:

No Attachments
110