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HomeMy WebLinkAbout2023/06/06 Post Agenda Packet REGULAR MEETING OF THE CITY COUNCIL **POST AGENDA** Date:Tuesday, June 6, 2023, 5:00 p.m. Location:Council Chambers, 276 Fourth Avenue, Chula Vista, CA View the Meeting Live in English & Spanish: chulavistaca.gov/councilmeetings Cox channel 24 in English only Welcome to your City Council Meeting PUBLIC COMMENTS: Public comments may be submitted to the City Council in the following ways: In-Person. The community is welcome to make public comments at this City Council meeting. • Submit an eComment: Visit www.chulavistaca.gov/councilmeetings, locate the meeting and click the comment bubble icon. Select the item and click "Leave Comment." eComments can be submitted until the conclusion of public comments for the item and are viewable online upon submittal. If you have difficulty submitting eComments, email comments to: cityclerk@chulavistaca.gov. • HOW TO WATCH: Live stream is available at www.chulavistaca.gov/councilmeetings. To switch the video to Spanish, please click on "ES" in the bottom right hand corner. Meetings are available anytime on the City's website (English and Spanish). ACCESSIBILITY: Individuals with disabilities or special needs are invited to request modifications or accommodations to access and/or participate in a City meeting by contacting the City Clerk’s Office at cityclerk@chulavistaca.gov or (619) 691-5041 (California Relay Service is available for the hearing impaired by dialing 711) at least forty-eight hours in advance of the meeting. SPEAKER TIME LIMITS: The time allotted for speakers may be adjusted by the Mayor. - Five minutes* for specific items listed on the agenda - Three minutes* for items NOT on the agenda (called to speak during Public Comments) - A group of individuals may select a spokesperson to speak on their behalf on an agenda item, waiving their option to speak individually on the same item. Generally, five minutes are allotted per person, up to a limit of 30 minutes, although the limits may be adjusted. Members of the group must be present. *Individuals who use a translator will be allotted twice the amount of time. GETTING TO KNOW YOUR AGENDA Agenda Sections: CONSENT CALENDAR items are routine items that are not expected to prompt discussion. All items are considered for approval at the same time with one vote. Councilmembers and staff may request items be removed and members of the public may submit a speaker slip if they wish to comment on an item. Items removed from the Consent Calendar are discussed after the vote on the remaining Consent Calendar items. PUBLIC COMMENT provides the public with an opportunity to address the Council on any matter not listed on the agenda that is within the jurisdiction of the Council. In compliance with the Brown Act, the Council cannot take action on matters not listed on the agenda. PUBLIC HEARINGS are held on matters specifically required by law. The Mayor asks for presentations from staff and from the proponent or applicant involved (if applicable) in the matter under discussion. Following questions from the Councilmembers, the Mayor opens the public hearing and asks for public comments. The hearing is closed, and the City Council may discuss and take action. ACTION ITEMS are items that are expected to cause discussion and/or action by the Council but do not legally require a Public Hearing. Staff may make a presentation and Councilmembers may ask questions of staff and the involved parties before the Mayor invites the public to provide input. CLOSED SESSION may only be attended by members of the Council, support staff, and/or legal counsel. The most common purpose of a Closed Session is to avoid revealing confidential information that may prejudice the legal or negotiating position of the City or compromise the privacy interests of employees. Closed sessions may be held only as specifically authorized by law. Council Actions: RESOLUTIONS are formal expressions of opinion or intention of the Council and are usually effective immediately. ORDINANCES are laws adopted by the Council. Ordinances usually amend, repeal or supplement the Municipal Code; provide zoning specifications; or appropriate money for specific purposes. Most ordinances require two hearings: an introductory hearing, generally followed by a second hearing at the next regular meeting. Most ordinances go into effect 30 days after the final approval. PROCLAMATIONS are issued by the City to honor significant achievements by community members, highlight an event, promote awareness of community issues, and recognize City employees. City of Chula Vista City Council June 06, 2023 Post Agenda Page 2 of 156 Pages 1.CALL TO ORDER 2.ROLL CALL 3.PLEDGE OF ALLEGIANCE TO THE FLAG AND MOMENT OF SILENCE 4.CONSENT CALENDAR (Items 4.1 through 4.7) All items listed under the Consent Calendar are considered and acted upon by one motion. Anyone may request an item be removed for separate consideration. RECOMMENDED ACTION: Council approve the recommended action on the below consent calendar items. 4.1 Approval of Meeting Minutes 8 RECOMMENDED ACTION: Approve the minutes dated: May 16, 2023, 4:00 p.m. and 5:00 p.m., and May 23, 2023. 4.2 Waive Reading of Text of Resolutions and Ordinances RECOMMENDED ACTION: Approve a motion to read only the title and waive the reading of the text of all resolutions and ordinances at this meeting. 4.3 Consideration of Requests for Excused Absences RECOMMENDED ACTION: Consider requests for excused absences as appropriate. 4.4 Position Titles: Amend the Chula Vista Municipal Code to Add the Unclassified Position Titles of Building Official, Deputy Director City Clerk Services, and Code Enforcement Manager (Second Reading and Adoption) 28 Report Number: 23-0139 Location: No specific geographic location Department: Finance Environmental Notice: The activity is not a "Project" as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. RECOMMENDED ACTION: Adopt an ordinance amending Chula Vista Municipal Code Section 2.05.010 to add the Unclassified Position Titles of Building Official, Deputy Director City Clerk Services, and Code Enforcement Manager. (Second Reading and Adoption) (4/5 Vote Required) City of Chula Vista City Council June 06, 2023 Post Agenda Page 3 of 156 4.5 Grant Award: Accept a Grant from the California Board of State and Community Corrections for the Officer Wellness and Mental Health Grant Program 40 Report Number: 23-0127 Location: No specific geographic location Department: Police Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. RECOMMENDED ACTION: Adopt a resolution accepting $163,585 of grant funds from the California Board of State and Community Corrections for the Officer Wellness and Mental Health Grant Program and amending the Fiscal Year 2023/24 budget for that purpose. (4/5 Vote Required) 4.6 Agreement: Approve an Agreement with SBCS Corporation for Youth Counseling Services 44 Report Number: 23-0140 Location: No specific geographic location Department: Police Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. RECOMMENDED ACTION: Adopt a resolution waiving the consultant selection process and approving an agreement with SBCS Corporation for youth counseling services. 4.7 Investment Report: Quarter Ending March 31, 2023 63 Report Number: 23-0146 Location: No specific geographic location Department: Finance Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. RECOMMENDED ACTION: Receipt of the investment report for the quarter ending on March 31, 2023. City of Chula Vista City Council June 06, 2023 Post Agenda Page 4 of 156 5.PUBLIC COMMENTS 84 The public may address the Council on any matter within the jurisdiction of the Council but not on the agenda. 6.BOARD AND COMMISSION REPORTS The following item(s) have been brought forward by a City board, commission, or committee. 6.1 Charter Review Commission: Presentation by the Charter Review Commission to City Council Regarding the Ranked Choice Voting Concept 94 Report Number: 23-0124 Location: No specific geographic location Department: City Attorney Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. RECOMMENDED ACTION: Hear the presentation and provide feedback to the Charter Review Commission. 7.ACTION ITEMS The following item(s) will be considered individually and are expected to elicit discussion and deliberation. 7.1 Eucalyptus Park: Approve the Park Master Plan for Renovation of Eucalyptus Park and Reallocate American Rescue Plan Act Funds to Capital Improvement Project PRK0340 (Eucalyptus Park) for Related Construction Costs 98 Report Number: 23-0070 Location: 436 C Street Department: Development Services Environmental Notice: The Project qualifies for a Categorical Exemption pursuant to the California Environmental Quality Act (“CEQA”) State Guidelines Section 15301 Class 1 (Existing Facilities), Section 15303 class 3 (New Construction or Conversion of Small Structures), and Section 15304 Class 4 (Minor Alterations to Land). RECOMMENDED ACTION: To adopt Resolution No. 2023-074, heading read, text waived. The motion carried by the following vote: City of Chula Vista City Council June 06, 2023 Post Agenda Page 5 of 156 7.2 Easement: Order the Summary Vacation of a Portion of a Public Service Easement Within the Otay River Business Park Specific Plan 135 Report Number: 23-0145 Location: 2855 Faivre Street Department: Development Services Environmental Notice: The Project was adequately covered in a previously adopted Mitigated Negative Declaration (“MND”) and Mitigation Monitoring and Reporting Program (“MMRP”) (IS15-0005/MPA15-0022; SCH #2017111012; adopted by Ordinance No. 3421 on March 13, 2018) for the Otay River Business Park (“ORBP”) Specific Plan. RECOMMENDED ACTION: Adopt a resolution ordering the summary vacation of a portion of a public service easement reserved by the County of San Diego within Parcel 1 of Certificate of Compliance “ER484” of the Otay River Business Park Specific Plan. 8.CITY MANAGER’S REPORTS 9.MAYOR’S REPORTS 10.COUNCILMEMBERS’ COMMENTS 10.1 Deputy Mayor Preciado:151 Consideration of Potential Rescission of the City Council Action Taken to Appoint Jesse Navarro to the Measure A Citizens' Oversight Committee The City Council took action on May 16, 2023 to appoint Jesse Navarro to the Measure A Citizens’ Oversight Committee. At the City Council meeting on May 23, 2023, a consensus of the City Council directed staff to agendize potential rescission of that action at this meeting. Location: No specific geographic location Environmental Notice: The activity is not a "Project" as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. RECOMMENDED ACTION: Discuss potential rescission of the action taken on May 16, 2023 to appoint Jesse Navarro to the Measure A Citizens’ Oversight Committee and take action as appropriate. City of Chula Vista City Council June 06, 2023 Post Agenda Page 6 of 156 10.2 Councilmember Gonzalez: Consider the formation of an ad hoc subcommittee for the purposes of informing the City's strategic plan and budget process. Location: No specific geographic location Environmental Notice: The activity is not a "Project" as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. RECOMMENDED ACTION: Consider forming the ad hoc subcommittee and take action as appropriate. 11.CITY ATTORNEY'S REPORTS 12.ADJOURNMENT to a special City Council meeting on June 8, 2023, at 5:00 p.m. in the Council Chambers; and then to the regular City Council meeting on June 13, 2023, at 5:00 p.m. in the Council Chambers. Materials provided to the City Council related to an open session item on this agenda are available for public review, please contact the Office of the City Clerk at cityclerk@chulavistaca.gov or (619) 691-5041. Sign up at www.chulavistaca.gov to receive email notifications when City Council agendas are published online. City of Chula Vista City Council June 06, 2023 Post Agenda Page 7 of 156 City of Chula Vista Special Meeting of the City Council Meeting Minutes May 16, 2023, 4:00 p.m. Council Chambers, 276 Fourth Avenue, Chula Vista, CA Present: Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Mayor McCann Absent: Deputy Mayor Preciado Also Present: City Manager Kachadoorian; Jill Maland representing Lounsbery Ferguson Altona & Peak LLP, Interim Acting City Attorney; Assistant City Clerk Turner; Deputy City Clerk Kansas The City Council minutes are prepared and ordered to correspond to the City Council Agenda. Agenda items may be taken out of order during the meeting. The agenda items were considered in the order presented. _____________________________________________________________________ 1. CALL TO ORDER A special meeting of the City Council of the City of Chula Vista was called to order at 4:15 p.m. in the Council Chambers, located in City Hall, 276 Fourth Avenue, Chula Vista, California. 2. ROLL CALL Assistant City Clerk Turner called the roll. 3. CLOSED SESSION Pursuant to Resolution No. 13706 and Council Policy No. 346-03, Official Minutes and records of action taken during Closed Sessions are maintained by the City Attorney. Acting City Attorney Maland announced that the City Council would convene in closed session to discuss the item listed below. Mayor McCann recessed the meeting at 4:15 p.m. The City Council convened in Closed Session at 4:15 p.m., with all members present. 3.1 Conference with Legal Counsel Regarding Existing Litigation Pursuant to Government Code Section 54956.9(d)(1): Name of case: Estate of Oral Nunis, Sr., et al v. City of Chula Vista, et al., United States District Court, Case No. 21-cv-1627-AJB-DEB Action: No Reportable Action 4. ADJOURNMENT The meeting was adjourned at 5:05 p.m. Page 8 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023-05-16 City Council Special Meeting Minutes Page 2 Minutes prepared by: Tyshar Turner, Assistant City Clerk _________________________ Kerry K. Bigelow, MMC, City Clerk Page 9 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Regular Meeting of the City Council Meeting Minutes May 16, 2023, 5:00 p.m. Council Chambers, 276 Fourth Avenue, Chula Vista, CA Present: Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, Mayor McCann Also Present: City Manager Kachadoorian; Jill Maland representing Lounsbery Ferguson Altona & Peak LLP, Interim Acting City Attorney; Assistant City Clerk Turner; Deputy City Clerk Kansas The City Council minutes are prepared and ordered to correspond to the City Council Agenda. Agenda items may be taken out of order during the meeting. The agenda items were considered in the order presented. _____________________________________________________________________ 1. CALL TO ORDER A regular meeting of the City Council of the City of Chula Vista was called to order at 5:14 p.m. in the Council Chambers, located in City Hall, 276 Fourth Avenue, Chula Vista, California. 2. ROLL CALL Assistant City Clerk Turner called the roll. 3. PLEDGE OF ALLEGIANCE TO THE FLAG AND MOMENT OF SILENCE Councilmember Gonzalez led the Pledge of Allegiance. 4. SPECIAL ORDERS OF THE DAY 4.1 Presentation of a Proclamation to Acting Parks Administrator Gilbert Contreras Proclaiming May 20, 2023, as Kids to Parks Day in the City of Chula Vista Acting Parks Administrator Contreras spoke regarding the item. Mayor McCann read the proclamation and Councilmember Chavez presented it to Acting Parks Administrator Contreras. 4.2 Presentation of a Proclamation Announcing the Opening of Chula Vista Village at Otay and Thanking Funders and Contributors to the City's First Emergency Bridge Shelter Mayor McCann read the proclamation. He and Councilmember Cardenas presented it to Homeless Services Manager Davis. Page 10 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/16 City Council Regular Meeting Minutes Page 2 Marlon James submitted written communications in support of the item. Alan C. submitted written communications in opposition to the item. 4.3 Presentation of a Proclamation to The Us for Warriors Foundation and Chula Vista Military and Veterans Proclaiming May 2023 as Military Appreciation Month in the City of Chula Vista Mayor McCann read the proclamation and Councilmember Cardenas presented it to Tony Stewart, representing the American Legion. 4.4 Presentation of a Proclamation to Building Services Supervisor Mel Garcia and Members of the Custodial Group Proclaiming May 21 through 27, 2023, Public Works Week in the City of Chula Vista Mayor McCann read the proclamation and Councilmember Gonzalez presented it to Building Services Supervisor Garcia. 5. CONSENT CALENDAR (Items 5.1 through 5.9) Acting City Attorney Maland announced that the following City Councilmembers would abstain from voting on the items indicated due to potential property-related conflicts of interest: Mayor McCann on Item 5.5C and Deputy Mayor Preciado on Item 5.5D. Items 5.7 and 5.9 were removed from the Consent Calendar by a member of the public and Deputy Mayor Preciado respectively. Moved by Deputy Mayor Preciado Seconded by Councilmember Cardenas To approve the recommended actions appearing below the consent calendar items. The headings were read, text waived. The motion carried by the following vote: Items 5.1 through 5.5B and Item 5.8: Yes (5): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, and Mayor McCann Result, Carried (5 to 0) Item 5.5C: Yes (4): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, and Deputy Mayor Preciado Abstain (1): Mayor McCann Result, Carried (4 to 0) Item 5.5D: Yes (4): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, and Mayor McCann Abstain (1): Deputy Mayor Preciado Result, Carried (4 to 0) Page 11 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/16 City Council Regular Meeting Minutes Page 3 5.1 Approval of Meeting Minutes Approve the minutes dated: May 9, 2023 5.2 Waive Reading of Text of Resolutions and Ordinances Approve a motion to read only the title and waive the reading of the text of all resolutions and ordinances at this meeting. 5.3 Consideration of Request for Excused Absences Consider requests for excused absences as appropriate. No requests were received for this meeting. 5.4 Agreement: Approve the Second Amended and Restated Agreement Between the City and SCG - Spicer Consulting Group, LLC. for Special Tax Consultant Services Adopt a resolution approving the second amended and restated agreement between the City and SCG – Spicer Consulting Group, LLC for special tax consultant services to extend the agreement through September 30, 2023 and increase the compensation amount from $1,000,000 to $1,037,243. RESOLUTION NO. 2023-049 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING SECOND AMENDED AND RESTATED CONSULTANT SERVICES AGREEMENT BETWEEN THE CITY AND SCG – SPICER CONSULTING GROUP, LLC. 5.5 Open Space Districts: Initiate Proceedings, Approve the Engineer’s Report, Declare the Intention to Levy and Collect Assessments for the Open Space Districts for Fiscal Year 2023-24, and Set a Public Hearing Adopt resolutions A) Initiating proceedings for the levy and collection of assessments for Fiscal Year 2023/24 for Open Space Districts 1 through 11, 14, 15, 17, 18, 20, 23, 24, 26, 31, 33, Eastlake, Town Centre Maintenance District, and Bay Boulevard pursuant to the Landscaping and Lighting Act of 1972; B) Approving the Engineer ’s Report, declaring the intention to levy and collect assessments; and setting a public hearing for July 11, 2023, regarding the Fiscal Year 2023/24 assessments for Open Space Districts 2 through 10, 14, 15, 17, 18, 20 (Zones 1 through 6, 8, And 9), 23, 24, 26, 31, 33, Eastlake Maintenance District No 1, Town Centre Maintenance District, and Bay Boulevard Maintenance District; C) Approving the Engineer’s Report, declaring the intention to levy and collect assessments; and setting a public hearing for July 11, 2023, regarding the Fiscal Year 2023/24 assessments for Open Space District 1 and Open Space District 20 Zone 7; and D) Approving the Engineer’s Report, declaring the intention to levy and collect assessments; and setting a public hearing for July 11, 2023, regarding the Fiscal Year 2023/24 assessments for Open Space District 11. A) RESOLUTION NO. 2023-050 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA INITIATING PROCEEDINGS FOR THE LEVY AND COLLECTION OF ASSESSMENTS FOR FISCAL YEAR 2023-24 FOR OPEN SPACE DISTRICTS 1 THROUGH 11, 14, 15, 17, 18, 20, 23, 24, 26, 31, 33, EASTLAKE, TOWN CENTRE, AND BAY BOULEVARD OF THE CITY OF CHULA VISTA PURSUANT TO THE LANDSCAPING AND LIGHTING ACT OF 1972 Page 12 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/16 City Council Regular Meeting Minutes Page 4 B) RESOLUTION NO. 2023-051 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE ENGINEER’S REPORT, DECLARING THE INTENTION TO LEVY AND COLLECT ASSESSMENTS; AND SETTING A PUBLIC HEARING REGARDING THE FISCAL YEAR 2023-24 ASSESSMENTS FOR OPEN SPACE DISTRICTS 2 THROUGH 10, 14, 15, 17, 18, 20 (ZONES 1 THROUGH 6, 8, AND 9), 23, 24, 26, 31, 33, EASTLAKE MAINTENANCE DISTRICT NO 1, TOWN CENTRE, AND BAY BOULEVARD MAINTENANCE DISTRICT C) RESOLUTION NO. 2023-052 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE ENGINEER’S REPORT, DECLARING THE INTENTION TO LEVY AND COLLECT ASSESSMENTS; AND SETTING A PUBLIC HEARING REGARDING THE FISCAL YEAR 2023-24 ASSESSMENTS FOR OPEN SPACE DISTRICT 1 AND OPEN SPACE DISTRICT 20 ZONE 7 D) RESOLUTION NO. 2023-053 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE ENGINEER’S REPORT, DECLARING THE INTENTION TO LEVY AND COLLECT ASSESSMENTS; AND SETTING A PUBLIC HEARING REGARDING THE FISCAL YEAR 2023-24 ASSESSMENTS FOR OPEN SPACE DISTRICT 11 5.6 Agreement: Approve a Sixth Amendment to the Agreement with the Accounting Firm of Lance Soll and Lunghard, LLP to Provide Audit Services Adopt a resolution approving an amendment to the agreement between City and the accounting firm Lance Soll and Lunghard, LLP for audit services for Fiscal Year 2022-23. RESOLUTION NO. 2023-054 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE SIXTH AMENDMENT TO THE AGREEMENT WITH THE ACCOUNTING FIRM OF LANCE, SOLL AND LUNGHARD, LLP TO PROVIDE AUDIT SERVICES 5.8 Agreement: Accept Proposals and Award an Agreement with PSC Investigations LLC to Provide Background Investigative Services Adopt a resolution accepting proposals and awarding an agreement to PSC Investigations LLC to provide background investigative services. RESOLUTION NO 2023-057 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACCEPTING PROPOSALS AND AWARDING AN AGREEMENT TO PSC INVESTIGATIONS LLC TO PROVIDE BACKGROUND INVESTIGATIVE SERVICES ITEMS REMOVED FROM THE CONSENT CALENDAR 5.7 Agreements: Approve a Form of Agreement with Touchstone Golf, LLC for Management of the Chula Vista Golf Course and Authorize the City Manager to Enter into an Agreement with Huntington National Bank for the Lease of 80 Golf Carts Alan C. submitted written communications and spoke in opposition to staff's recommendation. Moved by Mayor McCann Seconded by Councilmember Gonzalez Page 13 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/16 City Council Regular Meeting Minutes Page 5 To adopt Resolution Nos. 2023-055 and 2023-056, headings read, text waived. The motion carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, and Mayor McCann Result, Carried (5 to 0) A) RESOLUTION NO 2023-055 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING A FORM OF AGREEMENT WITH TOUCHSTONE GOLF, LLC FOR PROFESSIONAL MANAGEMENT SERVICES FOR THE CHULA VISTA GOLF COURSE B) RESOLUTION NO. 2023-056 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING EXECUTION AND DELIVERY OF A LEASE AGREEMENT AND APPROVING RELATED DOCUMENTS AND ACTIONS 5.9 Contracted Janitorial Services: Approve the First Amendment with Nova Commercial to Increase the Maximum Contract Amount and Add Additional Facilities Sofia Martinez spoke in opposition to staff's recommendation. Assistant Public Works Director Aguilar gave a presentation on the item. She and Public Works Director Little responded to questions from the City Council. City Council discussion ensued. Moved by Mayor McCann Seconded by Councilmember Chavez To adopt Resolution No. 2023-058, with the commitment from staff to return to City Council within six months with a memorandum of any findings related to responsible sub-contracting. The heading was read, text waived. The motion carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, and Mayor McCann Result, Carried (5 to 0) RESOLUTION NO. 2023-058 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE FIRST AMENDMENT TO THE AGREEMENT BETWEEN THE CITY AND NOVA COMMERCIAL FOR JANITORIAL SERVICES FOR MULTIPLE FACILITIES Mayor McCann recessed the meeting at 6:16 p.m. The City Council reconvened at 6:23 p.m., with all members present. 6. PUBLIC COMMENTS Brandon Claypool, Chula Vista resident, spoke regarding homelessness and the opening of the bridge shelter. John Acosta, Chula Vista resident, spoke regarding Councilmembers. Page 14 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/16 City Council Regular Meeting Minutes Page 6 Marianna Saponara, representing Nacion Crusaders, spoke regarding traffic on Nacion Avenue. Jeff Redendo, Chula Vista resident, spoke regarding the permitting process for residential development. Raquel Almeda, representing Club Libertad y Ley, spoke regarding an upcoming carnival in Memorial Park. Christine Brady, Chula Vista resident, spoke in support of Arts and Culture in the City. Alan C. spoke regarding the bridge shelter and the public commenting process. 7. ACTION ITEMS 7.1 Harborside Park and American Rescue Plan Act (ARPA): Approve an ARPA Spending Plan Amendment to Provide Park Improvements to Reopen Harborside Park Housing and Homeless Services Director Kurz gave a presentation on the item. She and City Manager Kachadoorian responded to questions from the City Council. John Acosta, Chula Vista resident, spoke regarding improvements at Harborside Park. Alan C. spoke on behalf of Brandon Claypool, regarding safety at Harborside Park. Marianna Saponara, Chula Vista resident, spoke regarding safety and art programs at Harborside Park. Christine Brady, Chula Vista resident, spoke in support of space for art and fitness at Harborside Park. CV Resident submitted written communications in support of an MOU/MOA with the school district and County. Council discussion ensued. Moved by Councilmember Cardenas Seconded by Deputy Mayor Preciado To direct staff to evaluate and provide recommendations to City Council on 1) a joint use agreement with the Chula Vista Elementary School District to provide additional use and oversight of Harborside Park and maintain community access; and 2) options to declare the Harborside Park space surplus land and to require future developments to address community needs, such as including a recreational facility on the site. The motion carried by the following vote: Yes (4): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, and Deputy Mayor Preciado No (1): Mayor McCann Result, Carried (4 to 1) Page 15 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/16 City Council Regular Meeting Minutes Page 7 8. CITY MANAGER’S REPORTS There were none. 9. MAYOR’S REPORTS Mayor McCann spoke regarding his attendance at the ribbon cutting for the Chula Vista Village at Otay Bridge Shelter and thanked staff and the community for their efforts. 9.1 Ratification of Appointments to the Following Commissions: - Human Relations Commission Christian Gomez - Citizens' Oversight Committee - Measure A Jesse Navarro Deputy Mayor Preciado offered a substitute motion to appoint Christian Gomez to the Human Relations Commission and to table the appointment of Jesse Navarro to the Measure A Citizens' Oversight Committee. Mayor McCann announced that the City Council would bifurcate the motion to consider the ratifications separately. Council discussion ensued. Moved by Mayor McCann Seconded by Deputy Mayor Preciado To ratify the appointment of Christian Gomez to the Human Relations Commission. The motion carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, and Mayor McCann Result, Carried (5 to 0) Moved by Mayor McCann Seconded by Councilmember Gonzalez To ratify the appointment of Jesse Navarro to the Measure A Citizens’ Oversight Committee. The motion carried by the following vote: Yes (3): Councilmember Chavez, Councilmember Gonzalez, and Mayor McCann No (2): Councilmember Cardenas, and Deputy Mayor Preciado Result, Carried (3 to 2) City Clerk note regarding the action to appoint Jesse Navarro to the Measure A Citizens’ Oversight Committee: Councilmember Chavez stated she would abstain from voting and designated her vote by the use of the amber/abstain electronic voting indicator. Councilmember Chavez did not state a reason for abstaining, therefore, in accordance with Chula Vista Municipal Code Section 2.04.550(A), the vote was recorded as an affirmative vote. Page 16 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/16 City Council Regular Meeting Minutes Page 8 10. COUNCILMEMBERS’ COMMENTS Councilmember Gonzalez thanked Republic Services for a recent tour of the Chula Vista landfill and voiced his support for arts and culture in the City. Councilmember Chavez spoke regarding the direction of the Economic Development and Binational Affairs ad-hoc committee. She also spoke regarding establishing a long-term vision for the Chula Vista golf course. Deputy Mayor Preciado spoke regarding his attendance at a tour of Chula Vista parks and the ribbon cutting for the Chula Vista Village at Otay Bridge Shelter. He thanked Mayor McCann and Councilmember Cardenas for their leadership efforts related to the bridge shelter. Deputy Mayor Preciado also spoke in support of scheduling a strategic planning meeting to address tourism. Councilmember Cardenas spoke regarding her attendance at the ribbon cutting for the Chula Vista Village at Otay Bridge Shelter and thanked staff and the community for their efforts. 11 . CITY ATTORNEY'S REPORTS There were none. 12. CLOSED SESSION Pursuant to Resolution No. 13706 and Council Policy No. 346-03, Official Minutes and records of action taken during Closed Sessions are maintained by the City Attorney. Acting City Attorney Maland announced that the City Council would convene in closed session to discuss the items listed below. Mayor McCann recessed the meeting at 8:10 p.m. The City Council convened in Closed Session at 8:25 p.m., with all members present. 12.1 Conference with Labor Negotiators Pursuant to Government Code Section 54957.6 Steve Stenberg, Chula Vista resident spoke regarding pay parity for public safety positions. Alan C. spoke regarding pay parity for public safety positions and the process for closed session items. The following members of the public submitted written communications regarding pay parity for safety positions:  Concerned resident with family  Mary Jo Ornelas  Concerned resident  Yvonne  Concerned employee  Concerned employee Agency designated representatives: Maria Kachadoorian, Tiffany Allen, Courtney Chase, Tanya Tomlinson, Sarah Schoen, Edward Prendell, and Steven Berliner Page 17 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/16 City Council Regular Meeting Minutes Page 9 Employee organization: ACE, IAFF, NIAF, MM/PR, POA, WCE and unrepresented employees. Action: No Reportable Action 13. ADJOURNMENT The meeting was adjourned at 9:30 p.m. Minutes prepared by: Tyshar Turner, Assistant City Clerk _________________________ Kerry K. Bigelow, MMC, City Clerk Page 18 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 1 City of Chula Vista Special Meetings of the Successor Agency to the Redevelopment Agency and Housing Authority Meeting Jointly with the City Council Meeting Minutes May 23, 2023, 5:00 p.m. Council Chambers, 276 Fourth Avenue, Chula Vista, CA Present: Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, Mayor McCann Also Present: City Manager Kachadoorian, Jill Maland representing Lounsbery Ferguson Altona & Peak LLP, Interim Acting City Attorney, City Clerk Bigelow, Assistant City Clerk Turner The City Council minutes are prepared and ordered to correspond to the City Council Agenda. Agenda items may be taken out of order during the meeting. The agenda items were considered in the order presented. _____________________________________________________________________ 1. CALL TO ORDER A regular meeting of the City Council and special meetings of the Successor Agency to the Redevelopment Agency and the Housing Authority of the City of Chula Vista were called to order at 5:03 p.m. in the Council Chambers, located in City Hall, 276 Fourth Avenue, Chula Vista, California. Mayor McCann announced, pursuant to AB 23, that he and each Councilmember would receive $50 for their attendance at that Housing Authority meeting, held simultaneously with the City Council meeting. 2. ROLL CALL City Clerk Bigelow called the roll. 3. PLEDGE OF ALLEGIANCE TO THE FLAG AND MOMENT OF SILENCE Mayor McCann led the Pledge of Allegiance. 4. SPECIAL ORDERS OF THE DAY 4.1 Oaths of Office: City Clerk Bigelow administered the oath of office and Councilmember Cardenas presented the certificate to the Commissioner. 4.2 Presentation by Del Mar Fairground Marketing Representative Regarding the 2023 San Diego County Fair Streetlight Banner Program Within the City of Chula Vista and the 2023 San Diego County Fair Season Page 19 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/23 - City Council, Successor Agency, Housing Authority Meeting Minutes Page 2 Luis Valdivia, representing the Del Mar Fairgrounds, gave a presentation on the upcoming 2023 San Diego County Fair and the Streetlight Banner Program in the City of Chula Vista. 4.3 Presentation of a Proclamation to Chula Vista Asian Americans Proclaiming May 2023 as Asian American, Native Hawaiian, and Pacific Islander Month in the City of Chula Vista Mayor McCann read the proclamation and he and Councilmember Chavez presented it to JoAnn Fields and other community members. 4.4 Presentation of a Proclamation to The Us for Warriors Foundation and Chula Vista Military and Veterans Proclaiming May 2023 as Military Spouse Appreciation Month in the City of Chula Vista Mayor McCann read the proclamation and Councilmember Gonzalez presented it to community members. 5. CONSENT CALENDAR (Items 5.1 through 5.6) Items 5.3 and 5.6 were removed from the Consent Calendar at the request of a member of the public. ACTION: Moved by Councilmember Gonzalez Seconded by Deputy Mayor Preciado To approve the recommended actions appearing below consent calendar Items 5.1 through 5.2 and 5.4 through 5.5. The headings were read, text waived. The motion carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, and Mayor McCann Result: Carried (5 to 0) 5.1 Waive Reading of Text of Resolutions and Ordinances Approve a motion to read only the title and waive the reading of the text of all resolutions and ordinances at this meeting. 5.2 Consideration of Requests for Excused Absences Consider requests for excused absences as appropriate. No requests were received at that meeting. 5.4 Agreement: Approve a Consultant Services Agreement with Chandler Asset Management, Inc. to Provide Non-Discretionary Investment Management Services Adopt a resolution approving an agreement with Chandler Asset Management, Inc. to provide non-discretionary investment management services to manage the City’s investment portfolio. Item 5.4 heading: RESOLUTION NO 2023-059 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AGREEMENT BETWEEN THE CITY AND CHANDLER ASSET MANAGEMENT, INC TO PROVIDE NON-DISCRETIONARY INVESTMENT MANAGEMENT SERVICES Page 20 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/23 - City Council, Successor Agency, Housing Authority Meeting Minutes Page 3 5.5 Academic Program Planning Agreement: Approve an Academic Program Planning Agreement with Southwestern Community College District Adopt a resolution approving an agreement with Southwestern Community College District for academic program planning for the University Innovation District. Item 5.5 heading: RESOLUTION NO 2023-060 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AGREEMENT WITH SOUTHWESTERN COMMUNITY COLLEGE DISTRICT FOR ACADEMIC PROGRAM PLANNING FOR THE UNIVERSITY INNOVATION DISTRICT ITEMS REMOVED FROM THE CONSENT CALENDAR 5.3 Military Equipment Use Policy: Adopt an Ordinance Approving the Amended Military Equipment Policy and the Annual AB 481 Military Equipment Report (Second Reading and Adoption) Police Captain Peak and Lieutenant Adkins gave a presentation on the item. The following members of the public spoke in support of staff's recommendation:  Delia Dominguez Cervantes, Chula Vista resident, who also spoke on behalf of Cindy D.  Cheryl  Gina E.  Alan C. The following members of the public submitted written communication in support of staff's recommendation:  Kathleen Adams  Louis M. The following members of the public submitted written communication in opposition to staff's recommendation:  Norell Martinez  Yvonne  Kathy Hardy  Lois K. Klepin ACTION: Moved by Mayor McCann Seconded by Deputy Mayor Preciado To adopt Ordinance No. 3549, heading read, text waived. The motion was carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, and Mayor McCann Result: Carried (5 to 0) ORDINANCE NO 3549 OF THE CITY OF CHULA VISTA APPROVING THE AMENDED CHULA VISTA POLICE DEPARTMENT MILITARY EQUIPMENT USE POLICY, AUTHORIZING FUTURE AMENDMENTS TO THE POLICY BY RESOLUTION, AND MAKING FINDINGS REGARDING THE POLICY AND ANNUAL MILITARY EQUIPMENT REPORT (SECOND READING AND ADOPTION) Page 21 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/23 - City Council, Successor Agency, Housing Authority Meeting Minutes Page 4 5.6 Financial Report and Appropriation: Accept the Quarterly Financial Report for the Quarter Ending March 31, 2023, Appropriate Funds to Implement Required Budget Adjustments, and Authorize the City Manager to Execute Certain Documents John Acosta, Chula Vista resident, spoke regarding Councilmember budgets. ACTION: Moved by Mayor McCann Seconded by Councilmember Gonzalez To adopt Resolution No. 2023-061, heading read, text waived. The motion carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, and Mayor McCann Result: Carried (5 to 0) RESOLUTION NO 2023-061 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA 1) MAKING VARIOUS AMENDMENTS TO THE FISCAL YEAR 2022/23 BUDGET TO ADJUST FOR VARIANCES AND APPROPRIATING FUNDS THEREFOR, AND 2) APPROVING PARTICIPATION IN THE PUBLIC PROVIDER GROUND EMERGENCY MEDICAL TRANSPORTATION INTERGOVERNMENTAL TRANSFER PROGRAM, AND AUTHORIZING THE CITY MANAGER TO EXECUTE CERTAIN PROJECT DOCUMENTS (4/5 VOTE REQUIRED) 6. PUBLIC COMMENTS Lillie Hebert thanked the City for flying the POW flag. The following members of the public spoke in support of reopening Harborside Park:  Delia Dominguez Cervantes  Javier  Cheryl  Monica Crespo  Gina E.  Leticia D.  Rachel Morineau  Leticia Lares  Jaasiel  Pedro Moreno Derek Avalos spoke regarding the bridge shelter. John Acosta spoke regarding councilmembers. Marianna Saponara spoke regarding traffic. Steve Stenberg spoke regarding public safety pay. The following members of the public spoke in support of increased transit worker compensation:  Jaime Vasquez  Chris Moreno  Miguel Ramirez  Steve Flores Page 22 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/23 - City Council, Successor Agency, Housing Authority Meeting Minutes Page 5 Alan C. spoke regarding issues related to homelessness and mileage tax. Aurora expressed concern regarding housing. Mayor McCann recessed the meeting at 6:52 p.m. The City Council reconvened at 7:01 p.m., with all members present. 7. PUBLIC HEARINGS 7.1 Annual Budget: Consideration of Adopting the Fiscal Year 2023/24 Operating and Capital Improvement Budgets and Revised Fiscal Year 2023/24 Compensation Schedule Notice of the hearing was given in accordance with legal requirements, and the hearing was held on the date and no earlier than the time specified in the notice. Finance Director Schoen spoke regarding the item and announced that approval of the item would affect executive compensation. Interim Acting City Attorney Maland announced a correction to the staff report that had been distributed to the City Council. Mayor McCann and Acting City Attorney Maland announced that the following City Councilmembers would abstain from voting on the items indicated due to potential property-related conflicts of interest: Councilmember Gonzalez on Item 7.1B; Deputy Mayor Preciado on Item 7.1D, and Mayor McCann on Item 7.1C. The City Councilmembers left the dais during voting on the items on which they had conflicts. Mayor McCann opened the public hearing. There being no members of the public who wished to speak, Mayor McCann closed the public hearing. At the request of Deputy Mayor Preciado, there was a consensus of the City Council to direct the City Manager to conduct a salary study for the council aide positions. ACTION: Moved by Mayor McCann Seconded by Councilmember Gonzalez To adopt Resolution No. 2023-062 (Item 7.1A), heading read, text waived. The motion carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, and Mayor McCann Result: Carried (5 to 0) A) RESOLUTION NO 2023-062 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ADOPTING THE OPERATING AND CAPITAL IMPROVEMENT BUDGETS FOR THE CITY OF CHULA VISTA FOR FISCAL YEAR 2023/24 AND APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2024 EXCLUDING OPEN SPACE DISTRICTS: 01, 11, 20 ZONE 7; COMMUNITY FACILITIES DISTRICTS: 13-M OTAY RANCH VILLAGE 2, 97-2 OTAY RANCH PRESERVE, 07-M EASTLAKE WOODS; AND CAPITAL IMPROVEMENT PROJECT STM0407 Page 23 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/23 - City Council, Successor Agency, Housing Authority Meeting Minutes Page 6 ACTION: Moved by Mayor McCann Seconded by Deputy Mayor Preciado To adopt Resolution No. 2023-063 (Item 7.1B), heading read, text waived. The motion carried by the following vote: Yes (4): Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Preciado, and Mayor McCann Abstain (1): Councilmember Gonzalez Result: Carried (4 to 0) B) RESOLUTION NO 2023-063 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ADOPTING THE OPERATING BUDGET FOR COMMUNITY FACILITIES DISTRICT #13-M OTAY RANCH VILLAGE 2 AND COMMUNITY FACILITIES DISTRICT 97-2 OTAY RANCH PRESERVE FOR FISCAL YEAR 2023/24 AND APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2024 ACTION: Moved by Councilmember Cardenas Seconded by Councilmember Gonzalez To adopt Resolution No. 2023-064 (Item 7.1C), heading read, text waived. The motion carried by the following vote: Yes (4): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, and Deputy Mayor Preciado Abstain (1): Mayor McCann Result: Carried (4 to 0) C) RESOLUTION NO 2023-064 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ADOPTING THE OPERATING BUDGETS FOR OPEN SPACE DISTRICT #1, OPEN SPACE DISTRICT #20 ZONE 7, COMMUNITY FACILITIES DISTRICT 07-M EASTLAKE WOODS & VISTA, AND CAPITAL IMPROVEMENT BUDGET FOR CIP PROJECT STM0407 FOR FISCAL YEAR 2023/24 AND APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2024 ACTION: Moved by Mayor McCann Seconded by Councilmember Chavez To adopt Resolution No. 2023-065 (Item 7.1D), heading read, text waived. The motion carried by the following vote: Yes (4): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, and Mayor McCann Abstain (1): Deputy Mayor Preciado Result: Carried (4 to 0) D. RESOLUTION NO 2023-065 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ADOPTING THE OPERATING BUDGET FOR OPEN SPACE DISTRICT #11 FOR FISCAL YEAR 2023/24 AND APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2024 Page 24 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/23 - City Council, Successor Agency, Housing Authority Meeting Minutes Page 7 ACTION: Moved by Mayor McCann Seconded by Councilmember Gonzalez To adopt Housing Authority Resolution No. HA 2023-003 (Item 7.1E), Successor Agency to the Redevelopment Agency Resolution No. 2023-002 (Item 7.1F), City Council Resolution Nos. 2023-066 through 2023-069 (Items 7.1G through 7.1J), and place the below ordinance (Item 7.1K) on first reading. The headings were read, text waived. The motion carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, and Mayor McCann Result: Carried (5 to 0) E) RESOLUTION NO 2023-003 OF THE HOUSING AUTHORITY OF THE CITY OF CHULA VISTA ADOPTING THE OPERATING BUDGET FOR THE HOUSING AUTHORITY FOR FISCAL YEAR 2023/24 AND APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2024 F) RESOLUTION NO 2023-002 OF THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY OF THE CITY OF CHULA VISTA ADOPTING THE OPERATING BUDGETS FOR THE SUCCESSOR AGENCY TO THE REDEVELOPMENT AGENCY FOR FISCAL YEAR 2023/24 AND APPROPRIATING FUNDS FOR THE FISCAL YEAR ENDING JUNE 30, 2024 G) RESOLUTION NO 2023-066 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE COMPENSATION SCHEDULE AND CLASSIFICATION PLAN TO REFLECT THE ADDITION OF VARIOUS POSITION TITLES AND CHANGES IN SALARY AS REFLECTED IN THE FISCAL YEAR 2023/24 OPERATING BUDGET H) RESOLUTION NO 2023-067 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE AMENDED COMPENSATION SUMMARY FOR ALL UNREPRESENTED EMPLOYEES AND ELECTED OFFICIALS, INCLUDING AUTHORIZATION FOR THE MAYOR TO EXECUTE ANY NECESSARY CONTRACT AMENDMENTS TO IMPLEMENT SAID AMENDED COMPENSATION SUMMARY I) RESOLUTION NO 2023-068 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE REVISED FISCAL YEAR 2022/23 COMPENSATION SCHEDULE EFFECTIVE JUNE 16, 2023, AS REQUIRED BY CALIFORNIA CODE OF REGULATIONS, TITLE 2, SECTION 570.5 J) RESOLUTION NO 2023-069 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE FISCAL YEAR 2023/24 COMPENSATION SCHEDULE EFFECTIVE JULY 14, 2023, AS REQUIRED BY CALIFORNIA CODE OF REGULATIONS, TITLE 2, SECTION 570.5 K) ORDINANCE OF THE CITY OF CHULA VISTA AMENDING CHULA VIST A MUNICIPAL CODE SECTION 2.05.010 ADDING THE UNCLASSIFIED POSITION TITLES OF BUILDING OFFICIAL, DEPUTY DIRECTOR CITY CLERK SERVICES, AND CODE ENFORCEMENT MANAGER (FIRST READING) (4/5 VOTE REQUIRED) 8. ACTION ITEMS 8.1 Animal Shelter Services: Approve an Agreement with the City of Imperial Beach to Provide Animal Care and Control Services Director of Animal Services Skeel spoke regarding the item. Alan C. spoke regarding the item. Page 25 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/23 - City Council, Successor Agency, Housing Authority Meeting Minutes Page 8 ACTION: Moved by Councilmember Cardenas Seconded by Deputy Mayor Preciado To adopt Resolution No. 2023-070, heading read, text waived. The motion carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, and Mayor McCann Result: Carried (5 to 0) RESOLUTION NO. 2023-070 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AGREEMENT BETWEEN THE CITY AND THE CITY OF IMPERIAL BEACH TO PROVIDE ANIMAL CARE AND ANIMAL CONTROL SERVICES 8.2 Reimbursement Agreement and Appropriation: Approve a Reimbursement Agreement with Millenia 2022, LLC for a Portion of the Cost of Construction of the Eastlake Parkway Pedestrian Bridge and Various Traffic Signals and Appropriate Funds Facilities Finance Manager Elliot gave a presentation on the item. ACTION: Moved by Mayor McCann Seconded by Councilmember Gonzalez To adopt Resolution No. 2023-071, heading read, text waived. The motion carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, Deputy Mayor Preciado, and Mayor McCann Result: Carried (5 to 0) RESOLUTION NO. 2023-071 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING A REIMBURSEMENT AGREEMENT BETWEEN THE CITY AND MILLENIA, 2022, LLC. FOR CONSTRUCTION OF A PEDESTRIAN BRIDGE AND TRAFFIC SIGNALS (4/5 VOTE REQUIRED) 9. CITY MANAGER’S REPORTS City Manager Kachadoorian shared the City's rainbow-colored logo which would be used during June in celebration of LGBTQIA+ Pride Month. 10. MAYOR’S REPORTS Mayor McCann reported on the following recent events: a housing forum, 5K run/walk for Danny Hernandez, Chula Vista Veteran's Home anniversary, and visit to the Remembering the Holocaust exhibit. 11. COUNCILMEMBERS’ COMMENTS Councilmember Cardenas thanked City staff for efforts to celebrate Pride Month. Deputy Mayor Preciado spoke regarding communications with residents. At the request of Deputy Mayor Preciado, there was a consensus of a majority of the City Council to add an item a future agenda to consider rescinding the vote taken at the City Council meeting on May 16, 2023 to appoint Jesse Navarro to the Measure A Citizens' Oversight Committee. Page 26 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2023/05/23 - City Council, Successor Agency, Housing Authority Meeting Minutes Page 9 Councilmember Chavez reported on her participation on the MTS Public Safety Security Committee. At the request of Councilmember Gonzalez, there was a consensus of the City Council to add an item to a future agenda to consider the formation of an ad hoc subcommittee for the purpose of informing the City's strategic plan and budget process. 11.1 Councilmember Cardenas and Deputy Mayor Preciado: Report on findings and recommendations from the Welcoming America Ad Hoc Subcommittee. Deputy Mayor Preciado spoke regarding the ad hoc subcommittee's work on the Welcoming America matter. The following members of the public spoke in opposition to the item:  Delia Cervantes  Gina E.  Alan C. John Acosta submitted written communication in opposition to the item and was not present to speak. The following members of the public submitted written communication in support of the item:  Margaret Baker  Nancy Relaford  Carolyn Scofield  Kathy Hardy  Lois Katherine Klepin ACTION: Moved by Councilmember Cardenas Seconded by Deputy Mayor Preciado To direct the City Manager to pursue Welcoming City recertification as soon as possible and to examine and provide recommendations to clarify the roles of the Human Relations Commission and proposed Privacy and Technology Advisory Commission with respect to their related areas of concern. The motion carried by the following vote: Yes (4): Councilmember Cardenas, Councilmember Chavez, Councilmember Gonzalez, and Deputy Mayor Preciado No (1): Mayor McCann Result: Carried (4 to 1) 12. CITY ATTORNEY'S REPORTS There were none. 13. ADJOURNMENT The meeting was adjourned at 8:51 p.m. Minutes prepared by: Tyshar Turner, Assistant City Clerk _________________________ Kerry K. Bigelow, MMC, City Clerk Page 27 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda v . 0 03 P a g e | 1 May 23, 2023 ITEM TITLE Annual Budget: Consideration of Adopting the Fiscal Year 2023/24 Operating and Capital Improvement Budgets and Revised Fiscal Year 2023/24 Compensation Schedule Report Number: 23-0139 Location: No specific geographic location Department: Finance Environmental Notice: The activity is not a "Project" as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. Recommended Action Conduct the public hearing and take the following actions: A) Adopt a resolution adopting the Operating and Capital Improvement Budgets for the City of Chula Vista for Fiscal Year 2023/24 and appropriating funds for the Fiscal Year ending June 30, 2024 excluding Open Space Districts: 1, 11, 20 Zone 7, Community Facilities District 13-M Otay Ranch Village 2, 97-2 Otay Ranch Preserve, 07-M Eastlake Woods and Capital Improvement Project STM0407. B) Adopt a resolution adopting the Operating Budget for Community Facilities District 13 -M Otay Ranch Village 2 and Community Facilities District 97-2 Otay Ranch Preserve for Fiscal Year 2023/24 and Appropriating Funds for the Fiscal Year Ending June 30, 2024. C) Adopt a resolution adopting the Operating Budget for Open Space District 01, Open Space District 20 Zone 7, Community Facilities District 07-M Eastlake Woods & Vista and Capital Improvement Budget for CIP Project STM0407 for Fiscal Year 2023/24 and Appropriating funds for the Fiscal Year Ending June 30, 2024. D) Adopt a resolution adopting the Operating Budget for Open Space District 11 for Fiscal Year 2023/24 and appropriating funds for the Fiscal Year Ending June 30, 2024. E) (Housing Authority) Adopt a resolution adopting the Operating Budget for the Housing Authority for Fiscal Year 2023/24 and Appropriating Funds for the Fiscal Year ending June 30, 2024. Page 28 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 2 F) (Successor Agency) Adopt a resolution adopting the Operating Budgets for the Success or Agency to the Redevelopment Agency for Fiscal Year 2023/24 and Appropriating Funds for the Fiscal Year Ending June 30, 2024. G) Adopt a resolution amending the Compensation Schedule and Classification Plan to reflect the addition of various position titles and changes in salary as reflected in the Fiscal Year 2023/24 Operating Budget. H) Adopt a resolution approving the Amended Compensation Summary for All Unrepresented Employees and Elected Officials, including authorization for the Mayor to execute any necessary contract amendments to implement said Amended Compensation Summary. I) Adopt a resolution approving the Fiscal Year 2022/23 Compensation Schedule effective June 16, 2023, as required by California Code of Regulations, Title 2, Section 570.5. J) Adopt a resolution approving the Fiscal Year 2023/24 Compensation Schedule effective July 14, 2023, as required by California Code of Regulations, Title 2, Section 570.5 K) Place an ordinance on first reading amending the Chula Vista Municipal Code Section 2.05.010 to add the Unclassified Position Titles of Building Official, Deputy Director City Clerk Services, and Code Enforcement Manager. (First Reading) (4/5 Vote Required) SUMMARY On May 9, 2023, the City Council was provided the City Manager’s proposed operating and capital improvement budgets for the City, and the operating budgets for the Housing Authority and for the Successor Agency to the Redevelopment Agency for Fiscal Year 2023-24 (ending June 30, 2024). The budgets submitted at this time for formal adoption and appropriation represent the City Council’s Fiscal Year 2023- 24 Proposed Budget. ENVIRONMENTAL REVIEW The Director of Development Services has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a “Project” as defined under Section 15378 of the State CEQA Guidelines because the proposed activity consists of a governmental fiscal/administrative activity which does not result in a physical change in the environment; therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines, the activity is not subject to CEQA. Thus, no environmental review is required. BOARD/COMMISSION/COMMITTEE RECOMMENDATION On April 13, 2023 the Measure A Citizens’ Oversight Committee (COC) affirmed that the proposed budget for Measure A was in compliance with the City’s approved Intended Public Safety Expenditure Plan. On April 27, 2023 the Citizens’ Oversight Committee (COC) for Measure P affirmed that the proposed budget for Measure P was in compliance with the City’s approved infrastructure, facilities and equipment expenditure plan. Page 29 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 3 DISCUSSION Staff presented the Fiscal Year 2023-24 Proposed Budget document to the City Council at the May 9, 2023 meeting. As required by the City Charter, the City Manager’s proposed budget was submitted to the City Council at least thirty-five (35) days before the beginning of the fiscal year. The City Council requested changes to the City Manager’s proposed budget and set May 23, 2023 as the date for the adoption of the Fiscal Year 2023-24 budget. The budget presented for final adoption in this staff report and Attachment A is the Amended City Manager’s Fiscal Year 2023-24 Proposed Budget accepted by the City Council on May 9, 2023, inclusive of changes requested by City Council as summarized in Attachment B. In accordance with the City Charter, a copy of the City Council’s proposed budget was made available on May 5, 2023, for public review by making a hard copy of the budget available at the City Clerk’s Office and at the City’s Libraries, as well as posting a copy of the budget on the City’s website. Attachment C, Recommended Expenditures by Department and Category, summarizes the City Council’s proposed budget for Fiscal Year 2023-24. The All Funds expenditure budget submitted for Fiscal Year 2023- 24 totals $543.9 million. The General Fund budget totals $258.2 million. The All Funds budget for Fiscal Year 2023-24 includes allocations for capital improvement projects totaling $66.6 million. The remaining $219.1 million represents the operating budgets for various funds including the Successor Agency to the Redevelopment Agency, Housing, Sewer, Development Services, Fleet, Debt Service, and other funds. Estimated All Funds revenues total $548.3 million, the Schedule of Revenues is included as Attachment D. CITY COUNCIL FISCAL YEAR 2023-24 ALL FUNDS PROPOSED BUDGET (IN MILLIONS) Compensation Summary for Unrepresented Employees The current Compensation Summary for all unrepresented employees and elected officials expires on June 30, 2024. Approval of Resolution H would approve the Amended Compensation Summary correctly reflect longevity pay for the Assistant Chief of Police for CalPERS compliance. Fiscal Year 2023-2024 Compensation Schedule Page 30 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 4 California Code of Regulations (CCR), Title 2, Section 570.5 (CCR Section 570.5) requires that, for purposes of determining a retiring employee's pension allowance, the pay rate be limited to the amount listed on a pay schedule that meets all of the following requirements: 1. Has been duly approved and adopted by the employer’s governing body in accordance with requirements of applicable public meetings laws; 2. Identifies the position title for every employee position; 3. Shows the pay rate for each identified position, which may be stated as a single amount or as multiple amounts within a range; 4. Indicates the time base, including, but not limited to, whether the time base is hour ly, daily, bi- weekly, monthly, bi-monthly, or annually; 5. Is posted at the office of the employer or immediately accessible and available for public review from the employer during normal business hours or posted on the employer’s internet website; 6. Indicates an effective date and date of any revisions; 7. Is retained by the employer and available for public inspection for not less than five years; and 8. Does not reference another document in lieu of disclosing the pay rate. This regulation applies to all employers reporting compensation to California Employees' Retirement System (CalPERS). Staff is submitting a Fiscal Year 2023-2024 pay schedule (the "Compensation Schedule"; Attachment H) that complies with these requirements to Council for approval. If approved, the duly approved and adopted Compensation Schedule will be immediately accessible and available for public review on the City's internet website in accordance with CCR Section 570.5. Failure to comply with this State-mandated approval requirement would delay computation of a retiring employee's pension allowance by CalPERS. Adoption of the 2023-24 Compensation schedule pertains to Resolution I. The Compensation Schedule consists of step salary pay for all established positions at the City of Chula Vista, including hourly and bi-weekly time base. This schedule defines the payment to employees for services performed during normal working hours or for time during which the employee is excused from work because of holidays, sick leave, industrial disability, payments under Labor Code Section 4850, vacation, compensatory time-off or leave of absence. It is designed and administered to provide and maintain an equitable wage and salary system at the City that compensates all employees for the ir work efforts performed within specific job classifications and corresponding salary ranges, in order to attract and retain the most highly skilled employees possible. The Compensation Schedule attached to the attendant Resolution I reflects the pay rate of all job titles effective July 1, 2023. Once approved, any changes to the adopted Compensation Schedule including, but not limited to, across-the-board increases, classification changes and salary adjustments approved subsequent to this date will be reflected in a revised Compensation Schedule which will be submitted to Council for approval. Unclassified Ordinance Chula Vista Municipal Code Section 2.05.010 requires updating to reflect the position changes impacting the unclassified positions. Chula Vista City Charter Section 500(a) requires that all unclassified positions not Page 31 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 5 mentioned specifically in Charter Section 500(a) be adopted by ordinance. Adoption of the Ordinance will add the position titles of Building Official and Code Enforcement Manager per Municipal Code section 2.05.010 as outlined in Ordinance A. Position Summary The City Council Proposed Budget for fiscal year 2023-24 includes 1,263.75 positions for all funds. This is a net increase of 37.00 positions when compared to the fiscal year 2022-23 adopted budget that included 1,226.75 authorized positions. During fiscal year 2022-23, the City Council approved 24.00 positions and a net increase of 13.00 positions. These changes are reflected in the fiscal year 2023-24 proposed budget. Fiscal year 2023-24 changes in the General Fund resulted in a net increase of 28.00 FTEs and changes to other funds resulted in a net increase of 9.00 FTE. In addition to these net changes, several reclassification studies were completed citywide to reflect changes of duties performed by City personnel. The staffing changes are summarized in the following tables and the Proposed Staffing by Department/Fund for Fiscal Year 2023-24 is included as Attachment E. Summary of Fiscal Year 2022-23 Mid-Year Staffing Changes Page 32 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 6 Page 33 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 7 Page 34 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 8 Fiscal Year 2023-24 Staffing Changes Page 35 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 9 DECISION-MAKER CONFLICT Staff has reviewed the property holdings of the City Council and has found that members have real property holdings within 500 or 1,000 feet of the of the Open Space Districts and Community Facilities Districts listed below by City Council member. Consequently, pursuant to California Code of Regulations Title 2, sections 18700 and 18702.2(a)(7), this item presents a disqualifying real property-related financial conflict of interest under the Political Reform Act (Cal. Gov't Code § 87100, et seq.) for the identified members below: Mayor McCann: For Open Space District 1; Open Space District 20, Zone 7; Community Facilities District 06- I; Community Facilities District 07-M; and Capital Improvement Project STM0407, which are the subject of Resolution B of this action. Councilmember Gonzalez: For Community Facilities District 13-M and Community Facilities District 97-2, which are the subjects of Resolution C of this action. Councilmember Preciado: For Open Space District 11, which is the subject of Resolution D of this action. Staff is not independently aware, and has not been informed by any City Council member, of any other fact that may constitute a basis for a decision-maker conflict of interest in this matter. CURRENT-YEAR FISCAL IMPACT There is no fiscal impact in the current fiscal year as a result of the adoption of the budget. ONGOING FISCAL IMPACT Approval of the proposed budgets will result in the appropriation of $543.9 million in funding for the fiscal year ending June 30, 2024. This amount includes a General Fund budget of $258.2 million. Page 36 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 10 ATTACHMENTS A – Fiscal Year 2023-2024 Proposed Budget B – Fiscal Year 2023-2024 City Manager Amended Proposed Budget Memo C – Recommended Expenditures by Department and Category D – Schedule of Revenues E – Proposed Staffing by Department and Fund F – Compensation Summary for Unrepresented Employees and Elected Officials G – Fiscal Year 2022-2023 Compensation Schedule – Effective 6/16/2023 H – Fiscal Year 2023-2024 Compensation Schedule – Effective 7/14/2023 Staff Contacts: Sarah Schoen, Finance Director/Treasurer Ed Prendell, Budget & Analysis Manager Page 37 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda SECOND READING AND ADOPTION ORDINANCE NO. ________ ORDINANCE OF THE CITY OF CHULA VISTA AMENDING CHULA VISTA MUNICIPAL CODE SECTION 2.05.010 ADDING THE UNCLASSIFIED POSITION TITLES OF BUILDING OFFICIAL, DEPUTY DIRECTOR CITY CLERK SERVICES, AND CODE ENFORCEMENT MANAGER (FIRST READING) (4/5 VOTE REQUIRED) WHEREAS, the Human Resources Department has created new classifications to better reflect the needs of the City’s workforce; and WHEREAS, the Building Official and Code Enforcement Manager positions, given their duties and responsibilities, are unclassified management positions, within the meaning of Charter Section 701; and WHEREAS, Chula Vista City Charter Section 500(a) requires that all new unclassified management level positions be adopted by ordinance and a four-fifths vote of the Council. NOW, THEREFORE, the City Council of the City of Chula Vista does ordain as follows: Section I. That Section 2.05.010 of the Chula Vista Municipal Code is hereby amended to read as follows: 2.05.10 Unclassified positions established. In addition to those unclassified positions specifically delineated in Section 500 of the Charter of the City, there are established the unclassified positions entitled: Administrative Secretary (Mayor, At Will), Administrative Services Manager, Animal Care Facility Manager, Assistant Chief of Police, Assistant Director of Development Services, Assistant Director of Engineering, Assistant Director of Human Resources, Assistant Director of Finance, Assistant Director of Public Works, Assistant Director of Recreation, Budget and Analysis Manager, Building Official, Building Official/Code Enforcement Manager, Chief Information Security Officer, Chief of Staff, Chief Sustainability Officer, City Engineer, City Librarian, Code Enforcement Manager, Constituent Services Manager, Deputy City Manager, Deputy Director City Clerk Services, Deputy Fire Chief, Development Project Manager, Development Services Department Director, Director of Animal Services, Director of Community Services, Director of Conservation and Environmental Services, Director of Economic Development, Economic Development Manager, Emergency Services Manager, Fire Division Chief, FA Accounting Technician, FA Administrative Analyst I, FA Administrative Analyst II, FA Analyst, FA Cyber Security Program Manager, FA Deputy Director LECC, FA Deputy Executive Director, FA Executive Director, FA Public Private Partnership and Exercise Program Manager, FA Director of San Diego Law Enforcement Coordination Center, FA Executive Assistant, FA Financial Manager, FA Geospatial Intelligence Analyst, FA Graphics Designer/Webmaster, FA IVDC-LECC Executive Director, FA Law Enforcement Coordination Center Information Technology Manager, FA Intelligence Analyst, FA Management Assistant, FA Microcomputer Specialist, FA Network Administrator I, FA Network Administrator II, FA Network Administrator III, FA Program Analyst, FA Program Assistant Supervisor, FA Program Page 38 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Ordinance No. Page No. 2 Manager, FA Network Engineer, FA Senior Financial Analyst, FA Senior Intelligence Analyst, FA Senior Program Assistant, FA Senior Secretary, FA Supervisory Intelligence Analyst, Facilities Financing Manager, Finance Manager, Housing Manager, Human Resources Manager, Information Technology Manager, Law Office Manager, Office Specialist (Mayor’s Office), Parks and Recreation Administrator, Planning Manager, Police Administrative Services Administrator, Police Captain, Policy Aide, Public Works Superintendent, Purchasing Agent, Redevelopment and Housing Manager, Revenue Manager, Risk Manager, Senior Council Assistant, Special Projects Manager and Traffic Engineer. Section II. Severability If any portion of this Ordinance, or its application to any person or circumstance, is for any reason held to be invalid, unenforceable or unconstitutional, by a court of competent jurisdiction, that portion shall be deemed severable, and such invalidity, unenforceability or unconstitutionality shall not affect the validity or enforceability of the remaining portions of the Ordinance, or its application to any other person or circumstance. The City Council of the City of Chula Vista hereby declares that it would have adopted each section, sentence, clause or phrase of this Ordinance, irrespective of the fact that any one or more other sections, sentences, clauses or phrases of the Ordinance be declared invalid, unenforceable or unconstitutional. Section III. Construction The City Council of the City of Chula Vista intends this Ordinance to supplement, not to duplicate or contradict, applicable state and federal law and this Ordinance shall be construed in light of that intent. Section IV. Effective Date This Ordinance shall take effect and be in force on the thirtieth day after its final passage. Section V. Publication The City Clerk shall certify to the passage and adoption of this Ordinance and shall cause the same to be published or posted according to law. Presented by Approved as to form by By: Courtney Chase Jill D.S. Maland Director of Human Resources /Risk Management Lounsbery Ferguson Altona & Peak Acting City Attorney Page 39 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda v . 0 03 P a g e | 1 June 6, 2023 ITEM TITLE Grant Award: Accept a Grant from the California Board of State and Community Corrections for the Officer Wellness and Mental Health Grant Program Report Number: 23-0127 Location: No specific geographic location Department: Police Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. Recommended Action Adopt a resolution accepting $163,585 of grant funds from the California Board of State and Community Corrections for the Officer Wellness and Mental Health Grant Program and amending the Fiscal Year 2023/24 budget for that purpose. (4/5 Vote Required) SUMMARY The Police Department has been allocated $163,585 from the California Board of State and Community Corrections for the Officer Wellness and Mental Health Grant Program. All eligible law enforcement agencies received the funds based on their number of officers. These funds are designed to improve officer wellness and expand mental health sources. ENVIRONMENTAL REVIEW The Director of Development Services has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a “Project” as defined under Section 15378 of the State CEQA Guidelines because it will not result in a physical change in the environment; therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines, the activity is not subject to CEQA. Thus, no environmental review is required. Page 40 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 2 BOARD/COMMISSION/COMMITTEE RECOMMENDATION Not applicable. DISCUSSION The Police Department received funding in the amount of $163,585 from the California Board of State and Community Corrections (BSCC) for the Officer Wellness and Mental Health Grant Program. The grant period is from July 1, 2022 to December 1, 2025. These funds are designed to improve officer wellness and expand mental health sources. Funding may be used for any of the following purposes: • Establishing or expanding officer wellness units • Establishing or expanding peer support units • Services provided by a licensed mental health professional, counselor or other professional that works with law enforcement • Expanding multiagency mutual aid programs focused on officer wellness and mental health • Other programs and services that are evidence-based or have a successful track record of enhancing officer wellness The Police Department plans to use this grant funding to hire an hourly Public Safety Wellness Coordinator, host wellness events with motivational speakers, attend wellness/peer support training, purchase fitness equipment, and fund television cable services for the employee wellness room. Summary of New Classification Because the hourly Public Safety Wellness Coordinator position does not exist in the City’s compensation schedule, the following table outlines the newly proposed classification that will be included in the FY 23/24 budget. Position Title Employee Group E Step Hourly Rate Public Safety Wellness Coordinator Unclassified, Hourly $55.81 per hour DECISION-MAKER CONFLICT Staff has reviewed the decision contemplated by this action and has determined that it is not site-specific and consequently, the 500-foot rule found in California Code of Regulations Title 2, section 18702.2(a)(11), is not applicable to this decision for purposes of determining a disqualifying real property-related financial conflict of interest under the Political Reform Act (Cal. Gov't Code § 87100, et seq.). Staff is not independently aware and has not been informed by any City Council member, of any other fact that may constitute a basis for a decision maker conflict of interest in this matter. CURRENT-YEAR FISCAL IMPACT Approval of the resolution will result in the acceptance of $163,585 from the California Board of State and Community Corrections (BSCC) for the Officer Wellness and Mental Health Grant. Since the funds will be spent beginning in July 2023, there is no current year fiscal impact. Page 41 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 3 ONGOING FISCAL IMPACT Acceptance of these grant funds will amend the fiscal year 2023/24 budget and appropriate said funds to the Police Grants in the State Grants Fund, as outlined in the table below. Description FY 23/24 FY 24/25 GRAND TOTAL Public Safety Wellness Coordinator $50,545 $50,545 $101,090 Department Hosted Wellness Events $23,690 $23,690 $47,380 Wellness/Peer Support Training/Conference $5,000 $5,000 $10,000 Fitness Equipment $4,357 $380 $4,737 TV cable services for Wellness Room $189 $189 $378 Total $83,781 $79,804 $163,585 The funds from the California BSCC will completely offset these costs, resulting in no net fiscal impact to the General Fund. When grant funding ends, the hourly Public Safety Wellness Coordinator will either be eliminated, or the Police Department will identify a funding source to sustain the position. ATTACHMENTS None Staff Contact: Jonathan Alegre, Police Department Page 42 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACCEPTING FUNDS FROM THE CALIFORNIA BOARD OF STATE AND COMMUNITY CORRECTIONS, AMENDING THE FISCAL YEAR 2023/24 BUDGET AND APPROPRIATING FUNDS THEREFOR WHEREAS, based on the number of officers in the agency, the Police Department has been allocated $163,585.26 from the California Board of State and Community Corrections for the Officer Wellness and Mental Health Grant Program; and WHEREAS, these grant funds are designed to improve officer wellness and expand mental health sources; and WHEREAS, the Police Department plans to use this grant funding to hire an hourly Public Safety Wellness Coordinator, host wellness events with motivational speakers, attend wellness/peer support training, purchase fitness equipment, and fund television cable services for the employee wellness room; and WHEREAS, the grant period is from July 1, 2022 to December 1, 2025 and the fiscal year 2023/24 appropriation is $83,781 and the fiscal year 2024/25 appropriation is $79,804. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it hereby accepts $163,585.26 from the California Board of State and Community Corrections, amends the fiscal year 2023/24 budget and appropriates said $83,781 to the Police Grants in the State Grants Fund for the Officer Wellness and Mental Health Grant. Presented by Approved as to form by Roxana Kennedy Jill D.S. Maland Police Chief Lounsbery Ferguson Altona & Peak Acting City Attorney Page 43 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda v . 0 03 P a g e | 1 June 6, 2023 ITEM TITLE Agreement: Approve an Agreement with SBCS Corporation for Youth Counseling Services Report Number: 23-0140 Location: No specific geographic location Department: Police Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. Recommended Action Adopt a resolution waiving the consultant selection process and approving an agreement with SBCS Corporation for youth counseling services. SUMMARY Since 1985, SBCS Corporation (formerly South Bay Community Services) has provided juvenile counseling services to the City. The Police Department is requesting to continue these services with SBCS Corporation which includes a Youth Counseling Program, Runaway Case Management Program and Homeless Youth Outreach Program. ENVIRONMENTAL REVIEW The Director of Development Services has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a “Project” as defined under Section 15378 of the State CEQA Guidelines because it will not result in a physical change in the environment; therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines, the activity is not subject to CEQA. Thus, no environmental review is required. BOARD/COMMISSION/COMMITTEE RECOMMENDATION Not applicable. Page 44 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 2 DISCUSSION SBCS Corporation and the Juvenile Services unit of the Police Department have worked together since 1985 providing a variety of services for juveniles and their families. The proposed contract with SBCS will continue this relationship and formalize the agreement with the following services:  A minimum of 80 hours per week from Youth and Family Development Associates. These associates will work with juveniles who have been contacted, detained, or taken into custody by police officers for minor non-violent offenses such as vandalism, curfew violation, burglary, and petty thefts. In calendar year 2022, this component of the program aided 165 juveniles. This program has 93% of youth successfully completing their case plan goals and an impressive 2% recidivism rate.  Management of reported cases of runaway juveniles. The counselors track the status of the case and offer counseling and intervention services to the juveniles and their families. In 2022, the SBCS counselors provided services to 183 runaway cases.  Other services include individual and family therapy, anger management instruction, educational assistance, parenting classes, community services activities, gender-specific group counseling and substance abuse counseling.  Confidential progress reports will be issued at quarterly and annual intervals. SBCS has tailored their programs to meet the needs of the City. Their experience, qualifications and community presence make them a unique service provider. The Police Department does not have comparable staff or expertise to provide adequate similar services. The cost for providing the same level of service “in-house” would be prohibitive. Furthermore, the Police Department has been satisfied with the level of service and professionalism from SBCS. SBCS employees have all completed pre-employment testing and have a bachelor’s degree or equivalent experience in the counseling field. Since these employees are located at the Police Department facility, they undergo a background check, which is performed by Police Department staff. SBCS provides local youth counseling services approved by the County of San Diego court system . The City is not aware of alternate services capable of meeting the City’s youth counseling and community outreach requirements. For these reasons, staff recommends that the City’s normal consultant selection process be waived. The cost for SBCS Corporation to provide youth counseling services is $120,000 per year. The proposed contract is effective July 1, 2023 and will expire on June 30, 2024, and may be extended an additional four years upon mutual agreement. DECISION-MAKER CONFLICT Staff has reviewed the decision contemplated by this action and has determined that it is not site-specific and consequently, the 500-foot rule found in California Code of Regulations Title 2, section 18702.2(a)(11), is not applicable to this decision for purposes of determining a disqualifying real property-related financial conflict of interest under the Political Reform Act (Cal. Gov't Code § 87100, et seq.). Staff is not independently aware and has not been informed by any City Council member, of any other fact that may constitute a basis for a decision maker conflict of interest in this matter. Page 45 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 3 CURRENT-YEAR FISCAL IMPACT The proposed agreement is effective July 1, 2023, resulting in no current-year fiscal impact. ONGOING FISCAL IMPACT If approved, the agreement with SBCS Corporation would have an annual fiscal impact of $120,000 per fiscal year. These costs have been included in the Police Department’s Fiscal Year 2023-24 adopted budget and will be included in subsequent budgets as part of the annual budget adoption process. ATTACHMENTS Attachment 1: Agreement with SBCS Corporation for Youth Counseling Services Staff Contact: Jonathan Alegre, Police Department Page 46 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA WAIVING THE CONSULTANT SELECTION PROCESS AND APPROVING AN AGREEMENT WITH SBCS CORPORATION FOR YOUTH COUNSELING SERVICES WHEREAS, City wishes to provide counseling and outreach services to youth and families who are referred through the juvenile diversion program; and WHEREAS, SBCS Corporation and the City’s Police Department have worked together since 1985 providing a variety of services for juveniles and their families in the City of Chula Vista, and SBCS Corporation, with their unique and extensive experience, qualifications, and community presence, is able to tailor their programs to meet the needs of the City and its youth and families; and WHEREAS, the City’s interests would be materially better served by waiver of the standard competitive bidding requirements under the authority of Chula Vista Municipal Code Section 2.56.070.B.3; and WHEREAS, the contract with SBCS Corporation for counseling and outreach services is for an initial term of July 1, 2023 through June 30, 2024, with the option to extend the contract for four additional one year terms upon mutual agreement; and WHEREAS, SBCS Corporation warrants and represents that it is experienced and staffed in a manner such that it can deliver the services required of SBCS Corporation to City in accordance with the time frames and the terms and conditions of this Agreement. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it hereby (1) waives the standard competitive bidding requirements for the consultant selection process in accordance with Chula Vista Municipal Code 2.56.070.B.3; and (2) approves the City of Chula Vista Consultant Services Agreement with SBCS Corporation to Provide Youth Counseling Services, in the form presented, with such minor modifications as may be required or approved by the City Attorney, a copy of which shall be kept on file in the Office of the City Clerk, and authorizes and directs the Mayor to execute same. Page 47 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Resolution No. Page 2 Presented by Roxana Kennedy Police Chief Approved as to form by Jill D.S. Maland Lounsbery Ferguson Altona & Peak Acting City Attorney Page 48 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 1 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 CITY OF CHULA VISTA CONSULTANT SERVICES AGREEMENT WITH SBCS CORPORATION TO PROVIDE YOUTH COUNSELING SERVICES This Agreement is entered into effective as of July 1, 2023 (“Effective Date”) by and between the City of Chula Vista, a chartered municipal corporation (“City”) and SBCS Corporation, a California nonprofit public benefit corporation (“Consultant”) (collectively, the “Parties” and, individually, a “Party”) with reference to the following facts: RECITALS WHEREAS, City wishes to provide counseling and outreach services to youth and families who are referred through the juvenile diversion program; and WHEREAS, Consultant and the City’s Police Department have worked together since 1985 providing a variety of services for juveniles and their families; and WHEREAS, Consultant has tailored their programs to meet the needs of the City, and their experience, qualifications and community presence make them a unique service provider; and WHEREAS, in order to procure these services, Consultant was awarded the contract under the authority of Chula Vista Municipal Code Section 2.56.070.B.3; and WHEREAS, Consultant warrants and represents that it is experienced and staffed in a manner such that it can deliver the services required of Consultant to City in accordance with the time frames and the terms and conditions of this Agreement. [End of Recitals. Next Page Starts Obligatory Provisions.] Page 49 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 2 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 OBLIGATORY PROVISIONS NOW, THEREFORE, in consideration of the above recitals, the covenants contained herein, and other good and valuable consideration, the receipt and sufficiency of which the Parties hereby acknowledge, City and Consultant hereby agree as follows: 1. SERVICES 1.1 Required Services. Consultant agrees to perform the services, and deliver to City the “Deliverables” (if any) described in the attached Exhibit A, incorporated into the Agreement by this reference, within the time frames set forth therein, time being of the essence for this Agreement. The services and/or Deliverables described in Exhibit A shall be referred to herein as the “Required Services.” 1.2 Reductions in Scope of Work. City may independently, or upon request from Consultant, from time to time, reduce the Required Services to be performed by the Consultant under this Agreement. Upon doing so, City and Consultant agree to meet and confer in good faith for the purpose of negotiating a corresponding reduction in the compensation associated with the reduction. 1.3 Additional Services. Subject to compliance with the City’s Charter, codes, policies, procedures and ordinances governing procurement and purchasing authority, City may request Consultant provide additional services related to the Required Services (“Additional Services”). If so, City and Consultant agree to meet and confer in good faith for the purpose of negotiating an amendment to Exhibit A, to add the Additi onal Services. Unless otherwise agreed, compensation for the Additional Services shall be charged and paid consistent with the rates and terms already provided therein. Once added to Exhibit A, “Additional Services” shall also become “Required Services” for purposes of this Agreement. 1.4 Standard of Care. Consultant expressly warrants and agrees that any and all Required Services hereunder shall be performed in accordance with the highest standard of care exercised by members of the profession currently practicing under similar conditions and in similar locations. 1.5 No Waiver of Standard of Care. Where approval by City is required, it is understood to be conceptual approval only and does not relieve the Consultant of responsibility for complying with all laws, codes, industry standards, and liability for damages caused by negligent acts, errors, omissions, noncompliance with industry standards, or the willful misconduct of the Consultant or its subcontractors. 1.6 Security for Performance. In the event that Exhibit A Section 5 indicates the need for Consultant to provide additional security for performance of its duties under this Agreement, Consultant shall provide such additional security prior to commencement of its Required Services in the form and on the terms prescribed on Exhibit A, or as otherwise prescribed by the City Attorney. 1.7 Compliance with Laws. In its performance of the Required Services, Consultant shall comply with any and all applicable federal, state and local laws, including the Chula Vista Municipal Code. 1.8 Business License. Prior to commencement of work, Consultant shall obtain a business license from City. 1.9 Subcontractors. Prior to commencement of any work, Consultant shall submit for City’s information and approval a list of any and all subcontractors to be used by Consultant in the performance of the Required Services. Consultant agrees to take appropriate measures necessary to ensure that all subcontractors and Page 50 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 3 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 personnel utilized by the Consultant to complete its obligations under this Agreement comply with all applicable laws, regulations, ordinances, and policies, whether federal, state, or local. In addition, if any subcontractor is expected to fulfill any responsibilities of the Consultant under this Agreement, Consultant shall ensure that each and every subcontractor carries out the Consultant’s responsibiliti es as set forth in this Agreement. 1.10 Term. This Agreement shall commence on the earlier to occur of the Effective Date or Consultant’s commencement of the Required Services hereunder, and shall terminate, subject to Sections 6.1 and 6.2 of this Agreement, when the Parties have complied with all their obligations hereunder; provided, however, provisions which expressly survive termination shall remain in effect. 2. COMPENSATION 2.1 General. For satisfactory performance of the Required Services, City agrees to compensate Consultant in the amount(s) and on the terms set forth in Exhibit A, Section 4. Standard terms for billing and payment are set forth in this Section 2. 2.2 Detailed Invoicing. Consultant agrees to provide City with a detailed invoice for services performed each month, within thirty (30) days of the end of the month in which the services were performed, unless otherwise specified in Exhibit A. Invoicing shall begin on the first of the month following the Effective Date of the Agreement. All charges must be presented in a line item format with each task separately explained in reasonable detail. Each invoice shall include the current monthly amount being billed, the amount invoiced to date, and the remaining amount available under any approved budget. Consultant must obtain prior written authorization from City for any fees or expenses that exceed the estimated budget. 2.3 Payment to Consultant. Upon receipt of a properly prepared invoice and confirmation that the Required Services detailed in the invoice have been satisfactorily performed, City shall pay Consultant for the invoice amount within thirty (30) days. Payment shall be made in accordance with the terms and conditions set forth in Exhibit A and section 2.4, below. At City’s discretion, invoices not timely submitted may be subject to a penalty of up to five percent (5%) of the amount invoiced. 2.4 [Reserved] 2.5 Reimbursement of Costs. City may reimburse Consultant’s out-of-pocket costs incurred by Consultant in the performance of the Required Services if negotiated in advance and included in Exhibit A. Unless specifically provided in Exhibit A, Consultant shall be responsible for any and all out-of-pocket costs incurred by Consultant in the performance of the Required Services. 2.6 Exclusions. City shall not be responsible for payment to Consultant for any fees or costs in excess of any agreed upon budget, rate or other maximum amount(s) provided for in Exhibit A. City shall also not be responsible for any cost: (a) incurred prior to the Effective Date; or (b) arising out of or related to the errors, omissions, negligence or acts of willful misconduct of Consultant, its agents, employees, or subcontractors. 2.7 Payment Not Final Approval. Consultant understands and agrees that payment to the Consultant or reimbursement for any Consultant costs related to the performance of Required Services does not constitute a City final decision regarding whether such payment or cost reimbursement is allowable and eligible for payment under this Agreement, nor does it constitute a waiver of any violation by Consultant of the terms of this Agreement. If City determines that Consultant is not entitled to receive any amount of compensation already paid, City will notify Consultant in writing and Consultant shall promptly return such amount. Page 51 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 4 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 3. INSURANCE 3.1 Required Insurance. Consultant must procure and maintain, during the period of performance of Required Services under this Agreement, and for twelve months after completion of Required Services, the policies of insurance described on the attached Exhibit B, incorporated into the Agreement by this reference (the “Required Insurance”). The Required Insurance shall also comply with all other terms of this Section. 3.2 Deductibles and Self-Insured Retentions. Any deductibles or self-insured retentions relating to the Required Insurance must be disclosed to and approved by City in advance of the commencement of work. 3.3 Standards for Insurers. Required Insurance must be placed with licensed insurers admitted to transact business in the State of California with a current A.M. Best’s rating of A V or better, or, if insurance is placed with a surplus lines insurer, insurer must be listed on the State of California List of Eligible Surplus Lines Insurers (LESLI) with a current A.M. Best’s rating of no less than A X. For Workers’ Compensation Insurance, insurance issued by the State Compensation Fund is also acceptable. 3.4 Subcontractors. Consultant must include all sub-consultants/sub-contractors as insureds under its policies and/or furnish separate certificates and endorsements demonstrating separate coverage for those not under its policies. Any separate coverage for sub-consultants must also comply with the terms of this Agreement. 3.5 Additional Insureds. City, its officers, officials, employees, agents, and volunteers must be named as additional insureds with respect to any policy of general liability, automobile, or pollution insurance specified as required in Exhibit B or as may otherwise be specified by City’s Risk Manager.. The general liability additional insured coverage must be provided in the form of an endorsement to the Consultant’s insurance using ISO CG 2010 (11/85) or its equivalent; such endorsement must not exclude Products/Completed Operations coverage. 3.6 General Liability Coverage to be “Primary.” Consultant’s general liability coverage must be primary insurance as it pertains to the City, its officers, officials, employees, agents, and volunteers. Any insurance or self-insurance maintained by the City, its officers, officials, employees, or volunteers is wholly separate from the insurance provided by Consultant and in no way relieves Consultant from its responsibility to provide insurance. 3.7 No Cancellation. No Required Insurance policy may be canceled by either Party during the required insured period under this Agreement, except after thirty days’ prior written notice to the City by certified mail, return receipt requested. Prior to the effective date of any such cancellation Consultant must procure and put into effect equivalent coverage(s). 3.8 Waiver of Subrogation. Consultant’s insurer(s) will provide a Waiver of Subrogation in favor of the City for each Required Insurance policy under this Agreement. In addition, Consultant waives any right it may have or may obtain to subrogation for a claim against City. 3.9 Verification of Coverage. Prior to commencement of any work, Consultant shall furnish City with original certificates of insurance and any amendatory endorsements necessary to demonstrate to City that Consultant has obtained the Required Insurance in compliance with the terms of this Agreement. The words “will endeavor” and “but failure to mail such notice shall impose no obligation or liability of any kind upon the company, its agents, or representatives” or any similar language must be deleted from all certificates. The Page 52 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 5 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 required certificates and endorsements should otherwise be on industry standard forms. The City reserves the right to require, at any time, complete, certified copies of all required insurance policies, including endorsements evidencing the coverage required by these specifications. 3.10 Claims Made Policy Requirements. If General Liability, Pollution and/or Asbestos Pollution Liability and/or Errors & Omissions coverage are required and are provided on a claims -made form, the following requirements also apply: a. The “Retro Date” must be shown, and must be before the date of this Agreement or the beginning of the work required by this Agreement. b. Insurance must be maintained, and evidence of insurance must be provided, for at least five (5) years after completion of the work required by this Agreement. c. If coverage is canceled or non-renewed, and not replaced with another claims-made policy form with a “Retro Date” prior to the effective date of this Agreement, the Consultant must purchase “extended reporting” coverage for a minimum of five (5) years after completion of the work required by this Agreement. d. A copy of the claims reporting requirements must be submitted to the City for review. 3.11 Not a Limitation of Other Obligations. Insurance provisions under this section shall not be construed to limit the Consultant’s obligations under this Agreement, including Indemnity. 3.12 Additional Coverage. To the extent that insurance coverage provided by Consultant maintains higher limits than the minimums appearing in Exhibit B, City requires and shall be entitled to coverage for higher limits maintained. 4. INDEMNIFICATION 4.1. General. To the maximum extent allowed by law, Consultant shall timely and fully protect, defend, reimburse, indemnify and hold harmless City, its elected and appointed officers, agents, employees and volunteers (collectivel y, “Indemnified Parties”), from and against any and all claims, demands, causes of action, costs, expenses, (including reasonable attorneys’ fees and court costs), liability, loss, damage or injury, in law or equity, to property or persons, including wrongful death, in any manner arising out of or incident to any alleged acts, omissions, negligence, or willful misconduct of Consultant, its officials, officers, employees, agents, and contractors, arising out of or in connection with the performance of the Required Services, the results of such performance, or this Agreement. This indemnity provision does not include any claims, damages, liability, costs and expenses arising from the sole negligence or willful misconduct of the Indemnified Parties. Also covered is liability arising from, connected with, caused by or claimed to be caused by the active or passive negligent acts or omissions of the Indemnified Parties which may be in combination with the active or passive negligent acts or omissions of the Consul tant, its employees, agents or officers, or any third party. 4.2. Modified Indemnity Where Agreement Involves Design Professional Services. Notwithstanding the forgoing, if the services provided under this Agreement are design professional services, as defined by California Civil Code section 2782.8, as may be amended from time to time, the defense and indemnity obligation under Section 1, above, shall be limited to the extent required by California Civil Code section 2782.8. Page 53 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 6 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 4.3 Costs of Defense and Award. Included in Consultant’s obligations under this Section 4 is Consultant’s obligation to defend, at Consultant’s own cost, expense and risk, and with counsel approved in writing by City, any and all suits, actions or other legal proceedings that may be brought or instituted against one or more of the Indemnified Parties. Subject to the limitations in this Section 4, Consultant shall pay and satisfy any judgment, award or decree that may be rendered against one or more of the Indemnified Parties for any and all related legal expenses and costs incurred by any of them. 4.4. Consultant’s Obligations Not Limited or Modified. Consultant’s obligations under this Section 4 shall not be limited to insurance proceeds, if any, received by the Indemnified Parties, or by any prior or subsequent declaration by the Consultant. Furthermore, Consultant’s obligations under this Section 4 shall in no way limit, modify or excuse any of Consultant’s other obligations or duties under this Agreement. 4.5. Enforcement Costs. Consultant agrees to pay any and all costs and fees City incurs in enforcing Consultant’s obligations under this Section 4. 4.6 Survival. Consultant’s obligations under this Section 4 shall survive the termination of this Agreement. 5. FINANCIAL INTERESTS OF CONSULTANT. 5.1 Form 700 Filing. The California Political Reform Act and the Chula Vista Conflict of Interest Code require certain government officials and consultants performing work for government agencies to publicly disclose certain of their personal assets and income using a Statement of Economic Interests form (Form 700). In order to assure compliance with these requirements, Consultant shall comply with the disclosure requirements identified in the attached Exhibit C, incorporated into the Agreement by this reference. 5.2 Disclosures; Prohibited Interests. Independent of whether Consultant is required to file a Form 700, Consultant warrants and represents that it has disclosed to City any economic interests held by Consultant, or its employees or subcontractors who will be performing the Required Services, in any real property or project which is the subject of this Agreement. Consultant warrants and represents that it has not employed or retained any company or person, other than a bona fide employee or approved subcontractor working solely for Consultant, to solicit or secure this Agreement. Further, Consultant warrants and represents that it has not paid or agreed to pay any company or person, other than a bona fide employee or approved subcontractor working solely for Consultant, any fee, commission, percentage, brokerage fee, gift or other consideration contingent upon or resulting from the award or making of this Agreement. Consultant further warrants and represents that no officer or employee of City, has any interest, whether contractual, non-contractual, financial or otherwise, in this transaction, the proceeds hereof, or in the business of Consultant or Consultant’s subcontractors. Consultant further agrees to notify City in the event any such interest is discovered wheth er or not such interest is prohibited by law or this Agreement. For breach or violation of any of these warranties, City shall have the right to rescind this Agreement without liability. 6. REMEDIES 6.1 Termination for Cause. If for any reason whatsoever Consultant shall fail to perform the Required Services under this Agreement, in a proper or timely manner, or if Consultant shall violate any of the other covenants, agreements or conditions of this Agreement (each a “Default”), in addition to a ny and all other rights and remedies City may have under this Agreement, at law or in equity, City shall have the right to terminate this Agreement by giving five (5) days written notice to Consultant. Such notice shall identify the Default and the Agreement termination date. If Consultant notifies City of its intent to cure such Default prior to City’s specified termination date, and City agrees that the specified Default is capable of being cured, City Page 54 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 7 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 may grant Consultant up to ten (10) additional days after the designated termination date to effectuate such cure. In the event of a termination under this Section 6.1, Consultant shall immediately provide City any and all ”Work Product” (defined in Section 7 below) prepared by Consultant as part of the Required Services. Such Work Product shall be City’s sole and exclusive property as provided in Section 7 hereof. Consultant may be entitled to compensation for work satisfactorily performed prior to Consultant’s receipt of the Default notice; provided, however, in no event shall such compensation exceed the amount that would have been payable under this Agreement for such work, and any such compensation shall be reduced by any costs incurred or projected to be incurred by City as a result of the Default. 6.2 Termination or Suspension for Convenience of City. City may suspend or terminate this Agreement, or any portion of the Required Services, at any time and for any reason, with or without cause, by giving specific written notice to Consultant of such termination or suspension at least fifteen (15) days prior to the effective date thereof. Upon receipt of such notice, Consultant shall immediately cease all work under the Agreement and promptly deliver all “Work Product” (defined in Section 7 below) to City. Such Work Product shall be City's sole and exclusive property as provided in Section 7 hereof. Consultant shall be entitled to receive just and equitable compensation for this Work Product in an amount equal to the amount due and payable under this Agreement for work satisfactorily performed as of the date of the termination/suspension notice plus any additional remaining Required Services requested or approved by City in advance that would maximize City’s value under the Agreement. 6.3 Waiver of Claims. In the event City terminates the Agreement in accordance with the terms of this Section, Consultant hereby expressly waives any and all claims for damages or compensation as a result of such termination except as expressly provided in this Section 6. 6.4 Administrative Claims Requirements and Procedures. No suit or arbitration shall be brought arising out of this Agreement against City unless a claim has first been presented in writing and filed with City and acted upon by City in accordance with the procedures set forth in Chapter 1.34 of the Chula Vista Municipal Code, as same may be amended, the provisions of which, including such policies and procedures used by City in the implementation of same, are incorporated herein by this reference. Upon request by City, Consultant shall meet and confer in good faith with City for the purpose of resolving any dispute over the terms of this Agreement. 6.5 Governing Law/Venue. This Agreement shall be governed by and construed in accordance with the laws of the State of California. Any action arising under or relating to this Agreement shall be brought only in San Diego County, State of California. Contractor/Service Provider hereby waives any right to remove any action from San Diego County as may otherwise be permitted by California Code of Civil Procedure section 394. 6.6 Service of Process. Consultant agrees that it is subject to personal jurisdiction in California. If Consultant is a foreign corporation, limited liability company, or partnership that is not registered with the California Secretary of State, Consultant irrevocably consents to service of process on Consultant by first class mail directed to the individual and address listed under “For Legal Notice,” in section 1.B. of Exhibit A to this Agreement, and that such service shall be effective five days after mailing. 7. OWNERSHIP AND USE OF WORK PRODUCT Page 55 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 8 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 All reports, studies, information, data, statistics, forms, designs, plans, procedures, systems and any other materials or properties produced in whole or in part under this Agreement in connection with the performance of the Required Services (collectively “Work Product”) shall be the sole and exclusive property of City. No such Work Product shall be subject to private use, copyrights or patent rights by Consultant in the United States or in any other country without the express, prior written consent of City. City shall have unrestricted authority to publish, disclose, distribute, and otherwise use, copyright or patent, in whole or in part, any such Work Product, without requiring any permission of Consultant, except as may be limited by the provisions of the Public Records Act or expressly prohibited by other applicable laws. With respect to computer files containing data generated as Work Product, Consultant shall make available to City, upon reasonable written request by City, the necessary functional computer software and hardware for purposes of accessing, compiling, transferring and printing computer files. 8. GENERAL PROVISIONS 8.1 Amendment. This Agreement may be amended, but only in writing signed by both Parties. 8.2 Assignment. City would not have entered into this Agreement but for Consultant’s unique qualifications and traits. Consultant shall not assign any of its rights or responsibilities under this Agreement, nor any part hereof, without City’s prior written consent, which City may grant, condition or deny in its sole discretion. 8.3 Authority. The person(s) executing this Agreement for Consultant warrants and represents that they have the authority to execute same on behalf of Consultant and to bind Consultant to its obligations hereunder without any further action or direction from Consultant or any board, principle or officer thereof. 8.4 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which shall constitute one Agreement after each Party has signed such a counterpart. 8.5 Entire Agreement. This Agreement together with all exhibits attached hereto and other agreements expressly referred to herein, constitutes the entire Agreement between the Parties with respect to the subject matter contained herein. All exhibits referenced herein shall be attached hereto and are incorporated herein by reference. All prior or contemporaneous agreements, understandings, representations, warranties and statements, oral or written, are superseded. 8.6 Record Retention. During the course of the Agreement and for three (3) years following completion of the Required Services, Consultant agrees to maintain, intact and readily accessible, all data, documents, reports, records, contracts, and supporting materials relating to the performance of the Agreement, including accounting for costs and expenses charged to City, including such records in the possession of sub- contractors/sub-consultants. 8.7 Further Assurances. The Parties agree to perform such further acts and to execute and deliver such additional documents and instruments as may be reasonably required in order to carry out the provisions of this Agreement and the intentions of the Parties. 8.8 Independent Contractor. Consultant is and shall at all times remain as to City a wholly independent contractor. Neither City nor any of its officers, employees, agents or volunteers shall have control over the conduct of Consultant or any of Consultant’s officers, employees, or agents (“Consultant Related Individuals”), except as set forth in this Agreement. No Consultant Related Individuals shall be deemed employees of City, and none of them shall be entitled to any benefits to which City employees are entitled, Page 56 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 9 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 including but not limited to, overtime, retirement benefits, worker's compensation benefits, injury leave or other leave benefits. Furthermore, City will not withhold state or federal income tax, social security tax or any other payroll tax with respect to any Consultant Related Individuals; instead, Consultant shall be solely responsible for the payment of same and shall hold the City harmless with respect to same. Consultant shall not at any time or in any manner represent that it or any of its Consultant Related Individuals are employees or agents of City. Consultant shall not incur or have the power to incur any debt, obligation or liability whatsoever against City, or bind City in any manner. 8.9 Notices. All notices, demands or requests provided for or permitted to be given pursuant to this Agreement must be in writing. All notices, demands and requests to be sent to any Party shall be deemed to have been properly given or served if personally served or deposited in the United States mail, addressed to such Party, postage prepaid, registered or certified, with return receipt requested, at the addresses identified in this Agreement at the places of business for each of the designated Parties as indicated in Exhibit A, or otherwise provided in writing. 8.10 Electronic Signatures. Each Party agrees that the electronic signatures, whether digital or encrypted, of the Parties included in this Agreement are intended to authenticate this writing and to have the same force and effect as manual signatures. Electronic Signature means any electronic sound, symbol, or process attached to or logically associated with a record and executed and adopted by a Party with the intent to sign such record, including facsimile or email electronic signatures, pursuant to the California Uniform Electronic Transactions Act (Cal. Civ. Code §§ 1633.1 to 1633.17) as amended from time to time. (End of page. Next page is signature page.) Page 57 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 10 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 SIGNATURE PAGE CONSULTANT SERVICES AGREEMENT IN WITNESS WHEREOF, by executing this Agreement where indicated below, City and Consultant agree that they have read and understood all terms and conditions of the Agreement, that they fully agree and consent to bound by same, and that they are freely entering into this Agreement as of the Effective Date. SBCS CORPORATION CITY OF CHULA VISTA BY:________________________________ BY: ________________________________ KATHRYN LEMBO JOHN MCCANN PRESIDENT & CEO MAYOR ATTEST BY: ________________________________ Kerry K. Bigelow, MMC City Clerk APPROVED AS TO FORM BY: _______________________________ Jill D.S.Maland Lounsbery Ferguson Altona & Peak Acting City Attorney Page 58 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 11 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 EXHIBIT A SCOPE OF WORK AND PAYMENT TERMS 1. Contact People for Contract Administration and Legal Notice A. City Contract Administration: Chula Vista Police Department Jonathan Alegre, Police Administrative Services Administrator 315 Fourth Avenue, Chula Vista, CA 91910 (619) 476-2570 jalegre@chulavistapd.org For Legal Notice Copy to: City of Chula Vista City Attorney 276 Fourth Avenue, Chula Vista, CA 91910 619-691-5037 CityAttorney@chulavistaca.gov B. Consultant Contract Administration: SBCS CORPORATION 430 F Street, Chula Vista, CA 91910 (619) 420-3620 klembo@csbcs.org For Legal Notice Copy to: [same as above] 2. Required Services A. General Description: SBCS Corporation will provide counseling and outreach services to youth and families who are referred through the juvenile diversion program. B. Detailed Description: Provide assessment and treatment plan services to juvenile offender first referrals follo wing arrest and runaways. Provide individual, family and/or group counseling services to youth and families who are referred through the juvenile diversion program. Other services may include parenting classes, substance abuse counseling, mediation, educational assistance, community service and anger management instruction. Provide for a three-month and six-month follow-up by phone or mail to check if clients are following through with their contract obligations. In addition to the follow-up contracts, records will be kept by logging cases on a master list and providing monthly statistics. Page 59 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 12 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 Provide for crisis intervention by telephone and meetings for families in need of immediate services for mediation and counseling. Provide monthly invoice for counseling and outreach services rendered. 3. Term: In accordance with Section 1.10 of this Agreement, the term of this Agreement shall begin July 1, 2023 and end on June 30, 2024 for completion of all Required Services. 4. Compensation: A. Form of Compensation ☒ Single Fixed Fee. For performance of all of the Required Services by Consultant as herein required, City shall pay a single fixed fee of $120,000 per year, upon completion of all Required Services to City’s satisfaction. B. Reimbursement of Costs ☒ None, the compensation includes all costs. Notwithstanding the foregoing, the maximum amount to be paid to the Consultant for services performed through June 30, 2028 shall not exceed $600,000. 5. Special Provisions: ☐ Permitted Sub-Consultants: None ☐ Security for Performance: None ☒ Notwithstanding the completion date set forth in Section 3 above, City has option to extend this Agreement for four (4) additional terms, each limited to a one-year increment which shall begin every July 1 and end every June 30 of the next succeeding year, but no additional term shall extend this Agreement to any later than June 30, 2028. The City Manager or Director of Finance/Treasurer shall be authorized to exercise the extensions on behalf of the City. If the City exercises an option to extend, each extension shall be on the same terms and conditions contained herein, provided that the amounts specified in Section 4 above may be increased by up to 0% for each extension. The City shall give written notice to Consultant of the City’s election to exercise the extension via the Notice of Exercise of Option to Extend document. Page 60 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 13 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 EXHIBIT B INSURANCE REQUIREMENTS Consultant shall adhere to all terms and conditions of Section 3 of the Agreement and agrees to provide the following types and minimum amounts of insurance, as indicated by checking the applicable boxes (x). Type of Insurance Minimum Amount Form ☒ General Liability: Including products and completed operations, personal and advertising injury $2,000,000 per occurrence for bodily injury, personal injury (including death), and property damage. If Commercial General Liability insurance with a general aggregate limit is used, either the general aggregate limit must apply separately to this Agreement or the general aggregate limit must be twice the required occurrence limit Additional Insured Endorsement or Blanket AI Endorsement for City* Waiver of Recovery Endorsement Insurance Services Office Form CG 00 01 *Must be primary and must not exclude Products/Completed Operations ☒ Automobile Liability $1,000,000 per accident for bodily injury, including death, and property damage Insurance Services Office Form CA 00 01 Code 1-Any Auto Code 8-Hired Code 9-Non Owned ☒ Workers’ Compensation Employer’s Liability $1,000,000 each accident $1,000,000 disease policy limit $1,000,000 disease each employee Waiver of Recovery Endorsement ☒ Professional Liability (Errors & Omissions) $1,000,000 each occurrence $2,000,000 aggregate Other Negotiated Insurance Terms: NONE Page 61 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 14 City of Chula Vista Agreement No.: 2023-075 Consultant Name: SBCS Corporation Rev. 1/17/23 EXHIBIT C CONSULTANT CONFLICT OF INTEREST DESIGNATION The Political Reform Act1 and the Chula Vista Conflict of Interest Code2 (“Code”) require designated state and local government officials, including some consultants, to make certain public disclosures using a Statement of Economic Interests form (Form 700). Once filed, a Form 700 is a public document, accessible to any member of the public. In addition, consultants designated to file the Form 700 are also required to comply with certain ethics training requirements.3 ☒ A. Consultant IS a corporation or limited liability company and is therefore EXCLUDED4 from disclosure. ☐ B. Consultant NOT a corporation or limited liability company and disclosure designation is as follows: APPLICABLE DESIGNATIONS FOR INDIVIDUAL(S) ASSIGNED TO PROVIDE SERVICES (Category descriptions available at www.chulavistaca.gov/departments/city-clerk/conflict-of-interest-code.) Name Email Address Applicable Designation ☐ A. Full Disclosure ☐ B. Limited Disclosure (select one or more of the categories under which the consultant shall file): ☐ 1. ☐ 2. ☐ 3. ☐ 4. ☐ 5. ☐ 6. ☐ 7. Justification: ☒ C. Excluded from Disclosure 1. Required Filers Each individual who will be performing services for the City pursuant to the Agreement and who meets the definition of “Consultant,” pursuant to FPPC Regulation 18700.3, must file a Form 700. 2. Required Filing Deadlines Each initial Form 700 required under this Agreement shall be filed with the Office of the City Clerk via the City's online filing system, NetFile, within 30 days of the approval of the Agreement. Additional Form 700 filings will be required annually on April 1 during the term of the Agreement, and within 30 days of the termination of the Agreement. 3. Filing Designation The City Department Director will designate each individual who will be providing services to the City pursuant to the Agreement as full disclosure, limited disclosure, or excluded from disclosure, based on an analysis of the services the Consultant will provide. Notwithstanding this designation or anything in the Agreement, the Consultant is ultimately responsible for complying with FPPC regulations and filing requirement s. If you have any questions regarding filing requirements, please do not hesitate to contact the City Clerk at (619)691-5041, or the FPPC at 1-866-ASK-FPPC, or (866) 275-3772 *2. Pursuant to the duly adopted City of Chula Vista Conflict of Interest Code, this document shall serve as the written determination of the consultant’s requirement to comply with the disclosure requirements set forth in the Code. Completed by: Jonathan Alegre 1 Cal. Gov. Code §§81000 et seq.; FPPC Regs. 18700.3 and 18704. 2 Chula Vista Municipal Code §§2.02.010-2.02.040. 3 Cal. Gov. Code §§53234, et seq. 4 CA FPPC Adv. A-15-147 (Chadwick) (2015); Davis v. Fresno Unified School District (2015) 237 Cal.App.4th 261; FPPC Reg. 18700.3 (Consultant defined as an “individual” who participates in making a governmental decision; “individual” does not incl ude corporation or limited liability company). Page 62 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda v . 0 03 P a g e | 1 June 6, 2023 ITEM TITLE Investment Report: Quarter Ending March 31, 2023 Report Number: 23-0146 Location: No specific geographic location Department: Finance Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. Recommended Action Receive the investment report for the quarter ending on March 31, 2023. SUMMARY Transmitted herewith is the City’s investment report for the quarter ending March 31, 2023. To meet the reporting requirements set forth in the California Government Code Sections 53600 et seq. and the City of Chula Vista Investment Policy and Guidelines, a separate report was distributed to the City Council in April. ENVIRONMENTAL REVIEW The Director of Development Services has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a “Project” as defined under Section 15378 of the State CEQA Guidelines because the proposed activity consists of a governmental fiscal/administrative activity which does not result in a physical change in the environment; therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines, the activity is not subject to CEQA. Thus, no environmental review is required. BOARD/COMMISSION/COMMITTEE RECOMMENDATION Not applicable. Page 63 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 2 DISCUSSION As shown in the table below, the total cash and investment portfolio held by the City as of March 31, 2023, was $608,911,718 and total cash and investments held by the trustees was $135,211,908. Cash and investments held by the City and the trustees continue to be invested in accordance with the Government Code and the Council Investment Policy as adopted by Resolution 2023-024 on March 7, 2023. During this quarter, excess cash in the amount of $30,000,000 was transferred to the State of CA Local Agency Investment Fund, pooled investment account. Additionally, fourteen investments matured, totaling $16,190,000 and were transferred to pooled investment accounts in May. Two-year Treasuries yield was 4.41% at the beginning of the quarter and ended the quarter at a yield of 4.06%. As of March 31, 2023, the Weighted Yield to Maturity on the Managed Investment Portfolio was 2.06%, which was an increase of one basis point from the previous quarter. Purchases are made at current market yields with fixed interest rates. At the end of this quarter, the Weighted Average Maturity of the Managed Investment Portfolio was 1.87 years, which is a decrease from 2.06 years in the prior quarter and is within the Council Policy. The Federal Open Market Committee (FOMC) meets approximately every six weeks and determines the level of the Federal Funds Rate. During this quarter, the FOMC met on January 31 and March 21. At their January 31 meeting, the FOMC voted to raise the Federal Funds Rate target range by 0.25%. At their March 21 meeting, the FOMC voted to raise the Federal Funds Rate target range by an additional 0.25%. The Federal Funds Rate target range has increased to a new range of 4.75%-5.00%. The following excerpts are from the statement issued by the FOMC following their March 21 meeting. “Recent indicators point to modest growth in spending and production. Job gains have picked up in recent months and are running at a robust pace; the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Recent developments are likely to result in tigh ter credit conditions for households and businesses and to weigh on economic activity, hiring, and inflation. The extent of these effects is uncertain. The Committee remains highly attentive to inflation risks. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the long run. In support of these goals, the Committee Summary of Cash and Investments as of March 31, 2023 Investments Book Value Managed Investment Portfolio 521,655,742$ State of California Local Agency Investment Fund 41,924,456 County of San Diego Pooled Investment Fund 23,501,714 Total Investments 587,081,912 Cash/Time Deposits 21,829,806 Total Cash and Investments Held by the City 608,911,718 Cash and Investments Held by Bank Trustee 135,211,908 Total Investment Portfolio 744,123,626$ Page 64 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 3 decided to raise the target range for the federal funds rate to 4-3/4 to 5 percent. The Committee will closely monitor incoming information and assess the implications for monetary policy. The Committee anticipates that some additional policy firming may be appropriate in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to 2 percent over time… In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments.” The Finance Department continues to manage the portfolio and execute transactions as financial and economic conditions warrant. There is no further activity to report other than routine investments. Considering the projected timing of cash receipts and disbursements and the structure of the Pooled Investment Portfolio, the City will be able to comfortably meet overall cash flow needs over the next six months. On May 23, 2023, the City Council approved an agreement with Chandler Asset Management, Inc. to provide non-discretionary investment management services to manage the City’s investment portfolio. Over the next quarter, the Finance Department will begin to transition the management of the City’s investment portfolio to Chandler Asset Management, Inc.; however, the City will continue to maintain the discretion to approve all recommended investment transactions before execution. DECISION-MAKER CONFLICT Staff has reviewed the decision contemplated by this action and has determined that it is not site-specific and consequently, the real property holdings of the City Council members do not create a disqualifying real property-related financial conflict of interest under the Political Reform Act (Cal. Gov’t Code § 87100, et seq.). Staff is not independently aware, and has not been informed by any City Council member, of any other fact that may constitute a basis for a decision-maker conflict of interest in this matter. CURRENT-YEAR FISCAL IMPACT Considering the projected timing of cash receipts and disbursements and the structure of the Pooled Investment Portfolio, the City should be able to comfortably meet overall cash flow needs over the next six months. There is no direct fiscal impact as a result of this action. ONGOING FISCAL IMPACT There is no ongoing fiscal impact as a result of this action. ATTACHMENTS 1. Summary of Cash and Investments as of March 31, 2023 2. Investment Report for the Quarter Ended March 31, 2023 Staff Contact: Adrian Del Rio, Assistant Director, Finance Department Sarah Schoen, Director of Finance/Treasurer Page 65 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda % of Investment Type Par Value Market Value Book Value Portfolio Managed Investment Portfolio BNY Custodial Cash Account $19,300,967 $19,300,967 $19,300,967 2.59% U.S. Treasury Bond/Note 19,000,000 19,326,050 19,575,415 2.63% Federal Agency Collateralized Mtg Ob.0 0 0 0.00% Federal Agency Bond/Note 202,295,000 193,685,761 201,733,208 27.11% Corporate Note 149,533,000 144,175,664 150,459,647 20.22% Commercial Paper 0 0 0 0.00% Certificate of Deposit 22,598,000 21,785,367 22,600,305 3.04% Municipal Bond 85,885,000 82,403,167 85,454,610 11.48% Supranationals 18,400,000 17,406,376 18,264,469 2.45% Asset Back Security/Collateralized Mtg Ob.0 0 0 0.00% Placement Service Deposits (CDARS)4,267,121 4,267,121 4,267,121 0.57% Managed Investment Portfolio Subtotal 521,279,089 502,350,474 521,655,742 70.10% Pooled Investments State of CA Local Agency Investment Fund 41,924,456 41,358,908 41,924,456 5.63% County of San Diego Pooled Investment Fund 23,501,714 22,808,413 23,501,714 3.16% Pooled Investments Subtotal 65,426,170 64,167,322 65,426,170 8.79% Investments Held by the City 586,705,258 566,517,796 587,081,912 11.95% Cash/Time Deposits 21,829,806 21,829,806 21,829,806 2.93% Total Cash & Investments Held by the City $608,535,064 $588,347,602 $608,911,718 81.83% Held by Bank Trustee/Fiduciary Funds Investment Agreements 0 0 0 0.00% Mutual Funds 23,020,219 22,831,264 23,020,219 3.09% Cash with Fiscal Agents 0 0 0 0.00% Restricted Cash 10,715,578 10,715,578 10,715,578 1.44% U.S. Government 101,476,112 101,476,112 101,476,112 13.64% Total Held by Bank Trustee/Fiduciary Funds $135,211,908 $135,022,954 $135,211,908 18.17% Total Portfolio $743,746,972 $723,370,555 $744,123,626 100.00% Notes: 1. Reflects bond proceeds and tax levy revenues held by trustee in accordance with bond covenants. 2. Par value is the principal amount of the investment on maturity. 3. Market values contained herein are received from sources we believe are reliable, however we do not guarantee their accuracy. 4. Book value is par value of the security plus or minus any premium or discount on the security. Summary of Cash and Investments as of March 31, 2023 City of Chula Vista Page 66 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Excludes Pooled Investments and BNY Custodial Cash Account Portfolio Maturity Under 1 Year Maturity March 2023 Dec 2022 Change 1 - 2 Years 3-Month 4.85%4.42%0.43%2 - 3 Years 1-Year 4.64%4.73%-0.09%3 - 4 Years 2-Year 4.06%4.41%-0.35%4 - 5 Years 3-Year 3.81%4.22%-0.41%Total 5-Year 3.60%3.99%-0.39% 10-Year 3.48%3.88%-0.40% January February March 2022 March 2021 March 2020 March 2019 March 2.28%0.16%0.23%2.27%Total for Quarter Note: Interest Earnings figures do not include capital gains or losses PAR Maturing 22,714,000$ City of Chula Vista Investment Report for the Quarter Ended March 31, 2023 Portfolio Summary and Key Statistics PAR Value Book Value Market Value Weighted Average Maturity (in years) Weighted Yield to Maturity Portfolio Key Statistics 586,705,258$ 587,081,912$ 566,517,796$ 1.87 2.06% 3,255,167$ % Maturing 2022 Change 501,978,121$ 25% 30% 27% 13% 5% 100% 127,340,121$ 149,472,000$ 136,985,000$ 65,467,000$ 1,109,691$ U.S. Treasury Yields - Quarterly Comparison 2-Year U.S. Treasury Yield - Historical Data 937,086$ 1,208,389$ 744,338$ 610,556$ Interest Earnings 2023 855,513$ 2,210,407$ 192,748$ 597,833$ 254,178$ 1,044,760$ 0.00%3.85% 0.00% 25.45% 34.19% 3.41% 14.55% 3.07% 0.75%7.30% 4.03%3.41% ASSET-BACKED SECURITY CERTIFICATE OF DEPOSIT COMMERCIAL PAPER CORPORATE NOTE FEDERAL AGENCY BOND/NOTE U.S. TREASURY NOTE MUNICIPAL BOND SUPRANATIONAL PLACEMENT SERVICE DEPOSITS LOCAL AGENCY INVESTMENT FUND SD COUNTY INVESTMENT POOL MONEY MARKET FUND (BNY MELLON) 0% 5% 10% 15% 20% 25% 30% Under 1 Year 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years 25% 30% 27% 13% 5% Portfolio Maturity Distribution Page 1 of 17 Source: City of Chula Vista Finance DepartmentPage 67 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Market Values as of:3/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 ASSET-BACKED SECURITY SUBTOTAL 0.00 0.00 0.00 856487AQ6 STATE BANK OF REESEVILLE NO 4/12/2019 2.550%4/12/2023 249,000.00 NA 3/28/2019 4/12/2019 249,000.00 2.55 248,808.04 598315CE7 MIDWEST COMMUNITY BANK NO 4/15/2020 1.200%4/14/2023 249,000.00 NA 4/3/2020 4/15/2020 249,000.00 1.20 248,645.99 12738RGA6 CADENCE BANK NO 4/15/2020 1.300%4/17/2023 248,000.00 NA 4/2/2020 4/15/2020 248,000.00 1.30 247,580.66 27002YEL6 EAGLEBANK NO 4/30/2019 2.650%4/28/2023 249,000.00 NA 4/16/2019 4/30/2019 249,000.00 2.65 248,573.40 857894F95 STEARNS BANK NO 2/10/2020 1.650%5/10/2023 247,000.00 NA 2/4/2020 2/10/2020 247,000.00 1.65 246,115.19 30886WAB1 FARMERS & MERCH SVGS BK NO 8/15/2019 1.950%8/15/2023 249,000.00 NA 8/1/2019 8/15/2019 249,000.00 1.95 246,030.79 63970QFT8 NEBRASKALAND NATIONAL BANK NO 8/22/2019 1.750%8/22/2023 248,000.00 NA 8/12/2019 8/22/2019 248,000.00 1.75 244,705.61 33766LAH1 FIRSTIER BANK NO 8/23/2019 1.900%8/23/2023 249,000.00 NA 8/8/2019 8/23/2019 249,000.00 1.90 245,809.91 02519TAW6 AMERICAN COMMERCE BANK NO 8/23/2019 1.750%8/23/2023 249,000.00 NA 8/12/2019 8/23/2019 249,000.00 1.75 245,661.35 15118RRF6 CELTIC BANK NO 8/30/2019 1.800%8/30/2023 249,000.00 NA 8/12/2019 8/30/2019 249,000.00 1.80 245,554.34 33648RAZ2 FIRST ST BANK BUXTON NO 9/5/2019 1.650%9/5/2023 249,000.00 NA 8/27/2019 9/5/2019 249,000.00 1.65 245,236.41 634116CU9 NATIONAL BANK OF NY CITY NO 9/10/2019 1.700%9/8/2023 249,000.00 NA 8/27/2019 9/10/2019 249,000.00 1.70 245,220.52 00257TBG0 ABACUS FEDERAL SVGS BANK NO 9/12/2019 1.700%9/12/2023 249,000.00 NA 8/27/2019 9/12/2019 249,000.00 1.70 245,127.59 33640VDB1 FIRST SERVICE BANK NO 9/30/2019 1.750%9/29/2023 249,000.00 NA 9/17/2019 9/30/2019 249,000.00 1.75 244,796.41 20033AM86 COMENITY CAPITAL NO 10/30/2018 3.450%10/30/2023 249,000.00 NA 10/26/2018 10/30/2018 249,000.00 3.45 246,552.82 38148PY84 GOLDMAN SACHS NO 10/31/2018 3.500%10/31/2023 245,000.00 NA 10/26/2018 10/31/2018 245,000.00 3.50 242,658.72 90348JFQ8 UBS BANK USA NO 11/7/2018 3.500%11/7/2023 249,000.00 NA 10/30/2018 11/7/2018 249,000.00 3.50 246,536.84 06740KMU8 BARCLAYS BANK NO 11/7/2018 3.450%11/7/2023 245,000.00 NA 10/29/2018 11/7/2018 245,000.00 3.45 242,507.67 61690UAZ3 MORGAN STANLEY NO 11/8/2018 3.550%11/8/2023 245,000.00 NA 10/31/2018 11/8/2018 245,000.00 3.55 242,642.79 17312QV55 CITIBANK NA NO 11/9/2018 3.450%11/9/2023 245,000.00 NA 10/26/2018 11/9/2018 245,000.00 3.45 242,484.80 949763UY0 WELLS FARGO BANK NA NO 11/9/2018 3.500%11/9/2023 249,000.00 NA 10/26/2018 11/9/2018 249,000.00 3.50 246,514.78 20143PDV9 COMMERCIAL BANK HARROGATE NO 11/15/2018 3.400%11/15/2023 249,000.00 NA 11/7/2018 11/15/2018 249,000.00 3.40 246,293.36 06426KBH0 BANK OF NEW ENGLAND NO 7/19/2019 2.150%11/20/2023 249,000.00 NA 7/10/2019 7/19/2019 249,000.00 2.15 244,250.05 06062R7R7 BANK OF BARODA NO 11/30/2018 3.550%11/30/2023 245,000.00 NA 11/20/2018 11/30/2018 245,000.00 3.55 242,407.26 57116ATG3 MARLIN BUSINESS BANK NO 12/2/2019 1.700%12/4/2023 249,000.00 NA 11/6/2019 12/2/2019 249,000.00 1.70 243,214.51 066851WH5 BAR HARBOR BANK & TRUST NO 12/31/2018 3.300%12/29/2023 249,000.00 NA 12/19/2018 12/31/2018 249,000.00 3.30 245,599.49 629801AB7 NAHEOLA CREDIT UNION NO 1/10/2020 2.000%1/10/2024 248,000.00 NA 12/20/2019 1/10/2020 248,000.00 2.00 241,971.04 58404DDG3 MEDALLION BANK UTAH NO 2/11/2019 3.000%2/12/2024 249,000.00 NA 1/30/2019 2/11/2019 249,000.00 3.00 244,290.44 77579ADF0 ROLLSTONE BANK & TRUST NO 2/12/2020 1.650%2/12/2024 247,000.00 NA 2/11/2020 2/13/2020 247,000.00 1.65 239,515.59 69324MAL9 PCSB BANK NO 2/21/2020 1.650%2/21/2024 249,000.00 NA 2/6/2020 2/21/2020 249,000.00 1.65 241,184.49 06251AW48 BANK HAPOALIM BM NY NO 3/25/2019 2.900%3/25/2024 246,000.00 NA 3/18/2019 3/25/2019 246,000.00 2.90 240,435.91 05465DAK4 AXOS BANK NO 3/26/2020 1.650%3/26/2024 249,000.00 NA 2/27/2020 3/26/2020 249,000.00 1.65 240,262.09 654062JR0 NICOLET NATIONAL BANK NO 3/31/2020 1.150%3/28/2024 249,000.00 NA 3/18/2020 3/31/2020 249,000.00 1.15 238,995.05 51210SSH1 LAKESIDE BANK NO 4/14/2020 1.250%4/12/2024 249,000.00 NA 4/3/2020 4/14/2020 249,000.00 1.25 238,709.82 472382AQ3 JEFFERSON BANK NO 4/15/2020 1.250%4/15/2024 249,000.00 NA 4/3/2020 4/15/2020 249,000.00 1.25 238,630.39 69506YRH4 PACIFIC WESTERN BANK NO 4/16/2020 1.300%4/16/2024 248,000.00 NA 4/6/2020 4/16/2020 248,000.00 1.30 237,875.25 88457PAR8 THOMASTON SAVINGS BANK NO 4/23/2020 1.250%4/23/2024 248,000.00 NA 4/13/2020 4/23/2020 248,000.00 1.25 237,563.42 66736ABT5 NORTHWEST BANK NO 4/30/2020 1.100%4/30/2024 249,000.00 NA 4/17/2020 4/30/2020 249,000.00 1.10 237,836.44 32027BAM9 FIRST FREEDOM BANK NO 4/30/2020 1.100%4/30/2024 249,000.00 NA 4/17/2020 4/30/2020 249,000.00 1.10 237,836.44 909242AH2 UNITED REPUBLIC BANK NO 5/13/2020 1.000%5/13/2024 249,000.00 NA 4/21/2020 5/13/2020 249,000.00 1.00 237,409.13 14042RLZ2 CAPITAL ONE NA NO 6/19/2019 2.500%6/19/2024 246,000.00 NA 6/11/2019 6/19/2019 246,000.00 2.50 238,235.39 14042TAW7 CAPITAL ONE BANK NO 6/19/2019 2.500%6/19/2024 246,000.00 NA 6/11/2019 6/19/2019 246,000.00 2.50 238,235.39 501798NL2 LCA BANK CORPORATION NO 6/28/2019 2.200%6/28/2024 247,000.00 NA 6/19/2019 6/28/2019 247,000.00 2.20 238,157.58 761402BY1 REVERE BANK NO 6/28/2019 2.300%6/28/2024 247,000.00 NA 6/18/2019 6/28/2019 247,000.00 2.30 238,455.62 156634AS6 CENTURY NEXT BANK NO 7/17/2019 2.000%7/17/2024 249,000.00 NA 7/3/2019 7/17/2019 249,000.00 2.00 239,261.28 15721UDB2 CF BANK NO 8/19/2019 1.850%8/19/2024 247,000.00 NA 8/8/2019 8/19/2019 247,000.00 1.85 236,436.96 33617LAC3 FIRST RESOURCE BANK NO 8/21/2019 1.700%8/21/2024 249,000.00 NA 8/12/2019 8/21/2019 249,000.00 1.70 237,802.16 128829AF5 CALDWELL BANK & TRUST NO 8/23/2019 1.900%8/23/2024 247,000.00 NA 8/7/2019 8/23/2019 247,000.00 1.90 236,614.74 Page 2 of 17 Page 68 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Market Values as of:3/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 938828BJ8 WASHINGTON FEDERAL NO 8/23/2019 2.050%8/23/2024 249,000.00 NA 7/29/2019 8/23/2019 249,000.00 2.05 238,951.47 372348CK6 GENOA BANKING COMPANY NO 8/28/2019 1.800%8/28/2024 249,000.00 NA 8/12/2019 8/28/2019 249,000.00 1.80 237,997.71 589227AG2 MERCHANTS STATE BANK NO 8/30/2019 1.800%8/30/2024 247,000.00 NA 8/7/2019 8/30/2019 247,000.00 1.80 236,141.12 740367HS9 PREFERRED BANK NO 8/30/2019 1.850%8/30/2024 249,000.00 NA 8/7/2019 8/30/2019 249,000.00 1.85 238,129.24 710665FD7 PEOPLES BANK ROCK VALLEY NO 3/10/2020 1.500%9/10/2024 249,000.00 NA 2/24/2020 3/10/2020 249,000.00 1.50 236,938.04 020080BL0 ALMA BANK NO 9/11/2019 1.750%9/11/2024 249,000.00 NA 8/27/2019 9/11/2019 249,000.00 1.75 237,798.25 064236BG6 BANK OF OLD MONROE NO 9/18/2019 1.700%9/18/2024 249,000.00 NA 8/27/2019 9/18/2019 249,000.00 1.70 237,476.94 849430BA0 SPRING BANK NO 9/19/2019 1.650%9/19/2024 249,000.00 NA 8/27/2019 9/19/2019 249,000.00 1.65 237,277.27 29367RLA2 ENTERPRISE BANK NO 9/27/2019 1.800%9/27/2024 247,000.00 NA 9/17/2019 9/27/2019 247,000.00 1.80 235,855.16 06652CHB0 BANKWEST INC NO 9/27/2019 1.700%9/27/2024 249,000.00 NA 9/12/2019 9/27/2019 249,000.00 1.70 237,291.32 903572DX0 UINTA BANK NO 10/16/2019 1.700%10/16/2024 247,000.00 NA 10/4/2019 10/16/2019 247,000.00 1.70 235,378.85 62844AAP2 MUTUALBANK NO 10/22/2019 1.700%10/22/2024 249,000.00 NA 10/4/2019 10/22/2019 249,000.00 1.70 237,056.25 32116PAM0 FIRST BANK OF NEBRASKA NO 10/30/2019 1.700%10/30/2024 249,000.00 NA 10/9/2019 10/30/2019 249,000.00 1.70 236,895.84 29367SJQ8 ENTERPRISE BANK & TRUST NO 11/8/2019 1.800%11/8/2024 249,000.00 NA 10/22/2019 11/8/2019 249,000.00 1.80 237,393.96 89579NCB7 TRIAD BANK NO 11/8/2019 1.800%11/8/2024 249,000.00 NA 11/4/2019 11/8/2019 249,000.00 1.80 237,393.96 560507AN5 MAINE SAVINGS FCU NO 11/8/2019 1.900%11/8/2024 245,000.00 NA 2/3/2020 2/5/2020 247,305.45 1.69 233,964.62 201282JB7 COMMERCIAL BANK ALMA MI NO 11/13/2019 1.750%11/13/2024 249,000.00 NA 10/31/2019 11/13/2019 249,000.00 1.75 237,102.12 20404YCF0 COMMUNITY STATE BANK IL NO 3/2/2020 1.550%12/2/2024 249,000.00 NA 2/13/2020 3/2/2020 249,000.00 1.55 236,224.93 204161BJ1 COMMUNITY BANK TEXAS NO 12/4/2019 1.800%12/4/2024 249,000.00 NA 11/20/2019 12/4/2019 249,000.00 1.80 237,203.04 062163BN9 BANK FORWARD NO 12/18/2019 1.750%12/18/2024 249,000.00 NA 12/5/2019 12/18/2019 249,000.00 1.75 236,736.43 35637RDC8 FREEDOM FINANCIAL BANK NO 2/14/2020 1.550%2/14/2025 249,000.00 NA 2/6/2020 2/14/2020 249,000.00 1.55 235,420.50 32114VBT3 FIRST NATL BANK MICHIGAN NO 2/14/2020 1.650%2/14/2025 249,000.00 NA 2/4/2020 2/14/2020 249,000.00 1.65 235,874.18 029728BC5 AMERICAN STATE BANK IA NO 2/21/2020 1.600%2/21/2025 249,000.00 NA 2/6/2020 2/21/2020 249,000.00 1.60 235,517.03 07815AAZ0 BELL BANK CORP NO 2/27/2020 1.600%2/27/2025 249,000.00 NA 2/10/2020 2/27/2020 249,000.00 1.60 235,405.63 02554BCZ2 AMERICAN EAGLE BANK IL NO 2/28/2020 1.600%2/28/2025 249,000.00 NA 2/18/2020 3/2/2020 249,000.00 1.60 235,387.20 44042TBX1 HORIZON BANK WAVERLY NE NO 2/28/2020 1.550%2/28/2025 249,000.00 NA 2/6/2020 2/28/2020 249,000.00 1.55 235,155.93 32117WAN2 FNB OF ALBANY NO 2/28/2020 1.600%2/28/2025 249,000.00 NA 2/25/2020 2/28/2020 249,000.00 1.60 235,387.20 46256YBF5 IOWA STATE BANK NO 3/5/2020 1.500%3/5/2025 248,000.00 NA 2/24/2020 3/5/2020 248,000.00 1.50 234,340.26 00435JBH5 ACCESS BANK OMAHA NE NO 3/13/2020 1.600%3/13/2025 249,000.00 NA 2/27/2020 3/13/2020 249,000.00 1.60 235,492.37 58117WAG2 MCHENRY SAVINGS BANK NO 3/13/2020 1.550%3/13/2025 249,000.00 NA 2/25/2020 3/13/2020 249,000.00 1.55 235,256.81 30257JAR6 FNB BANK INC/ROMNEY NO 3/18/2020 1.150%3/18/2025 249,000.00 NA 3/2/2020 3/18/2020 249,000.00 1.15 233,267.59 411822CN7 HARDIN COUNTY BANK NO 3/27/2020 1.000%3/27/2025 249,000.00 NA 3/9/2020 3/27/2020 249,000.00 1.00 232,359.49 064657BB4 BANK OF ROMNEY NO 3/27/2020 1.150%3/27/2025 249,000.00 NA 3/2/2020 3/27/2020 249,000.00 1.15 233,079.43 79772FAF3 SAN FRANCISCO CREDIT NO 3/27/2020 1.100%3/27/2025 249,000.00 NA 3/10/2020 3/27/2025 249,000.00 1.10 232,839.45 152577AZ5 CENTRAL BANK NO 3/27/2020 1.000%3/27/2025 249,000.00 NA 3/11/2020 3/27/2020 249,000.00 1.00 232,359.49 499724AM4 KNOXVILLE TVA EMPL CREDIT NO 3/31/2020 1.000%3/31/2025 249,000.00 NA 3/11/2020 3/31/2020 249,000.00 1.00 232,626.03 15201QCJ4 CENTERSTATE BANK NO 3/30/2020 1.000%3/31/2025 248,000.00 NA 3/10/2020 3/30/2020 248,000.00 1.00 231,834.45 38058KEF9 GOLD COAST BANK NO 4/15/2020 1.300%4/15/2025 249,000.00 NA 3/31/2020 4/15/2020 249,000.00 1.30 233,781.51 87164WZS0 SYNCHRONY BANK NO 4/17/2020 1.450%4/17/2025 248,000.00 NA 4/6/2020 4/17/2020 248,000.00 1.45 233,661.58 856285TF8 STATE BANK OF INDIA NO 4/29/2020 1.600%4/29/2025 248,000.00 NA 4/13/2020 4/29/2020 248,000.00 1.60 234,180.10 08016PDP1 BELMONT BANK & TRUST NO 4/30/2020 1.300%4/30/2025 249,000.00 NA 4/3/2020 4/30/2020 249,000.00 1.30 233,490.00 55316CAY2 M1 BANK NO 5/8/2020 1.000%5/8/2025 248,000.00 NA 4/27/2020 5/8/2020 248,000.00 1.00 231,169.49 01882MAC6 ALLIANT CREDIT UNION NO 12/30/2022 5.000%12/30/2027 249,000.00 NA 12/21/2022 12/30/2022 249,000.00 5.00 263,030.75 CERTIFICATE OF DEPOSIT SUBTOTAL 22,598,000.00 22,600,305.45 21,785,366.91 COMMERCIAL PAPER SUBTOTAL 0.00 0.00 0.00 654106AC7 NIKE INC MW&C 4/26/2013 2.250%5/1/2023 1,200,000.00 AA-7/26/2019 7/30/2019 1,206,456.00 2.09 1,197,300.00 540424AQ1 LOEWS CORP MW 5/7/2013 2.625%5/15/2023 1,500,000.00 A 2/5/2020 2/7/2020 1,538,700.00 1.74 1,489,875.00 828807DD6 SIMON PROPERTY GROUP LP MW 12/11/2017 2.750%6/1/2023 2,000,000.00 A-1/9/2020 1/13/2020 2,050,240.00 1.92 1,989,520.00 24422EUH0 JOHN DEERE CAPITAL CORP NO 6/7/2018 3.450%6/7/2023 2,000,000.00 A 2/6/2020 2/10/2020 2,111,060.00 1.72 1,993,160.00 Page 3 of 17 Page 69 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Market Values as of:3/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 17330PSX8 CITIGROUP GLOBAL MARKETS NO 7/20/2022 3.750%7/20/2023 3,500,000.00 A 7/12/2022 7/20/2022 3,500,000.00 3.75 3,473,505.00 06053FAA7 BANK OF AMERICA CORP NO 7/23/2013 4.100%7/24/2023 1,255,000.00 A-12/8/2021 12/10/2021 1,322,968.05 0.74 1,249,553.30 69349LAM0 PNC BANK NA YES 7/25/2013 3.800%7/25/2023 2,525,000.00 A-12/22/2021 12/27/2021 2,633,878.00 0.89 2,508,814.75 06406FAD5 BANK OF NEW YORK MELLON CORP YES 8/16/2016 2.200%8/16/2023 3,000,000.00 A 12/22/2021 12/27/2021 3,066,220.51 0.84 2,965,530.00 89236THA6 TOYOTA MOTOR CORP MW 5/26/2020 1.350%8/25/2023 2,500,000.00 A+12/29/2021 12/31/2021 2,523,100.00 0.79 2,459,000.00 375558BL6 GILEAD SCIENCES MW 9/20/2016 2.500%9/1/2023 3,092,000.00 BBB+6/3/2019 6/5/2019 3,086,640.60 2.54 3,056,874.88 02665WDM0 AMERICAN HONDA FINANCE MW 9/10/2020 0.650%9/8/2023 3,000,000.00 A-12/8/2021 12/10/2021 2,990,803.11 0.83 2,940,540.00 231021AR7 CUMMINS INC MW 9/24/2013 3.650%10/1/2023 3,500,000.00 A+7/15/2019 7/18/2019 3,689,081.20 2.22 3,482,500.00 14913Q2S7 CATERPILLAR FINL MW 12/7/2018 3.650%12/7/2023 3,700,000.00 A 6/4/2019 6/6/2019 3,870,829.00 2.56 3,669,845.00 373298CF3 GEORGIA-PACIFIC MW 12/11/2003 8.000%1/15/2024 320,000.00 A+7/24/2019 7/26/2019 395,206.40 2.42 326,963.20 24422EUX5 JOHN DEERE CAPITAL CORP NO 6/7/2019 2.600%3/7/2024 3,000,000.00 A 5/1/2020 5/5/2020 3,154,993.53 1.22 2,936,670.00 904764AX5 UNILEVER CAPITAL MW&C 5/5/2017 2.600%5/5/2024 1,500,000.00 A+2/4/2020 2/6/2020 1,550,235.00 1.75 1,466,730.00 904764AX5 UNILEVER CAPITAL MW&C 5/5/2017 2.600%5/5/2024 2,000,000.00 A+2/6/2020 2/10/2020 2,063,700.00 1.79 1,955,640.00 037833AS9 APPLE INC MW 5/6/2014 3.450%5/6/2024 250,000.00 AA+1/31/2020 2/4/2020 268,607.50 1.63 247,005.00 037833CU2 APPLE INC MW 5/11/2017 2.850%5/11/2024 650,000.00 AA+2/5/2020 2/7/2020 679,640.00 1.69 638,833.00 882508BB9 TEXAS INSTRUMENTS MW 5/4/2017 2.625%5/15/2024 1,000,000.00 A+7/16/2019 7/19/2019 1,015,040.00 2.28 976,740.00 06406HCV9 BANK OF NEW YORK MELLON CORP MW 5/7/2014 3.400%5/15/2024 600,000.00 A 5/4/2020 5/6/2020 647,702.11 1.36 589,608.00 459200JY8 IBM CORP MW 5/15/2019 3.000%5/15/2024 3,000,000.00 A-7/14/2021 7/16/2021 3,201,589.22 0.60 2,943,570.00 04636NAC7 ASTRAZENECA FINANCE LLC MW 5/28/2021 0.700%5/28/2024 2,500,000.00 A 12/13/2021 12/15/2021 2,476,175.00 1.10 2,387,475.00 68233JBM5 ONCOR ELECTRIC DELIVERY MW 5/23/2019 2.750%6/1/2024 475,000.00 A+12/23/2021 12/28/2021 493,349.25 1.08 463,139.25 440452AG5 HORMEL FOODS CORP MW 6/3/2021 0.650%6/3/2024 3,000,000.00 A-1/19/2022 1/21/2022 2,962,380.00 1.19 2,849,370.00 931142EL3 WALMART INC MW 4/23/2019 2.850%7/8/2024 3,900,000.00 AA 5/10/2022 5/12/2022 3,910,569.00 2.71 3,811,743.00 79466LAG9 SALESFORCE.COM INC MW 7/12/2021 0.625%7/15/2024 450,000.00 A+12/8/2021 12/10/2021 446,113.52 0.96 427,257.00 91324PDR0 UNITED HEALTH MW 7/25/2019 2.375%8/15/2024 3,000,000.00 A+7/9/2021 7/13/2021 3,164,611.52 0.58 2,904,300.00 30231GBC5 EXXON MOBIL CO MW 8/16/2019 2.019%8/16/2024 1,000,000.00 AA-6/28/2021 6/30/2021 1,042,229.78 0.65 965,310.00 023135AZ9 AMAZON.COM INC MW 2/22/2018 2.800%8/22/2024 226,000.00 AA 1/14/2020 1/16/2020 234,784.62 1.88 220,885.62 12189LAT8 BURLINGTON NORTH SANTA FE MW 8/18/2014 3.400%9/1/2024 1,000,000.00 AA-1/14/2020 1/16/2020 1,063,990.00 1.87 981,340.00 12189LAT8 BURLINGTON NORTH SANTA FE MW 8/18/2014 3.400%9/1/2024 3,000,000.00 AA-12/3/2021 12/7/2021 3,178,248.00 0.97 2,944,020.00 191216CL2 COCA-COLA CO MW 9/6/2019 1.750%9/6/2024 3,200,000.00 A+12/17/2021 12/21/2021 3,268,288.00 0.95 3,107,424.00 70450YAC7 PAYPAL HOLDING MW 9/26/2019 2.400%10/1/2024 950,000.00 A-6/28/2021 6/30/2021 1,002,643.56 0.67 919,058.50 06406RAL1 BANK OF NEW YORK MELLON CORP NO 10/24/2019 2.100%10/24/2024 1,000,000.00 A 12/8/2021 12/10/2021 1,026,690.00 1.15 954,290.00 14913Q3B3 CATERPILLAR FINL MW 11/8/2019 2.150%11/8/2024 3,000,000.00 A 12/3/2021 12/7/2021 3,093,739.11 1.06 2,889,240.00 427866BC1 HERSHEY COMPANY MW 10/31/2019 2.050%11/15/2024 677,000.00 A 1/14/2020 1/16/2020 682,504.01 1.87 653,345.62 00724FAC5 ADOBE SYSTEMS INC MW 1/26/2015 3.250%2/1/2025 2,595,000.00 A+5/5/2022 5/9/2022 2,603,405.15 3.11 2,541,854.40 69371RQ66 PACCAR FINANCIAL NO 2/6/2020 1.800%2/6/2025 1,000,000.00 A+7/29/2021 8/2/2021 1,039,501.74 0.66 949,930.00 89236TGT6 TOYOTA MOTOR CORP MW 2/13/2020 1.800%2/13/2025 1,000,000.00 A+10/15/2021 10/19/2021 1,025,005.34 1.03 950,710.00 88579YBH3 3M COMPANY MW 8/26/2019 2.000%2/14/2025 2,500,000.00 A+1/19/2022 1/21/2022 2,540,850.00 1.44 2,380,050.00 384802AE4 WW GRAINGER INC MW 2/26/2020 1.850%2/15/2025 580,000.00 A+7/23/2021 7/27/2021 602,805.02 0.70 550,953.60 24422EUE7 JOHN DEERE CAPITAL CORP NO 3/13/2018 3.450%3/13/2025 1,250,000.00 A 11/19/2021 11/23/2021 1,345,784.48 1.08 1,228,837.50 458140BP4 INTEL CORP MW 3/25/2020 3.400%3/25/2025 2,001,000.00 A 11/22/2022 11/25/2022 1,951,375.20 4.53 1,964,701.86 023135CE4 AMAZON.COM INC MW 4/13/2022 3.000%4/13/2025 3,000,000.00 AA 5/9/2022 5/11/2022 3,000,780.00 2.99 2,922,510.00 87612EBL9 TARGET CORP MW 3/31/2020 2.250%4/15/2025 3,000,000.00 A 1/27/2022 1/31/2022 3,046,902.17 1.75 2,880,600.00 037833DT4 APPLE INC MW 5/11/2020 1.125%5/11/2025 1,131,000.00 AA+11/19/2021 11/23/2021 1,131,188.51 1.12 1,060,889.31 438516CB0 HONEYWELL INTERNATIONAL MW 5/18/2020 1.350%6/1/2025 3,000,000.00 A 11/19/2021 11/23/2021 3,020,786.76 1.14 2,813,130.00 023135BQ8 AMAZON.COM INC MW 6/3/2020 0.800%6/3/2025 1,678,000.00 AA 12/14/2021 12/16/2021 1,655,794.57 1.19 1,560,405.76 46625HMN7 JP MORGAN CHASE YES 7/21/2015 3.900%7/15/2025 2,000,000.00 A-1/21/2022 1/25/2022 2,137,260.00 1.85 1,966,500.00 69371RR99 PACCAR FINANCIAL NO 8/11/2022 3.550%8/11/2025 2,300,000.00 A+12/13/2022 12/15/2022 2,253,206.04 4.37 2,245,375.00 857477AT0 STATE STREET CORP NO 8/18/2015 3.550%8/18/2025 1,600,000.00 A 3/25/2022 3/29/2022 1,623,320.62 3.09 1,541,360.00 231021AU0 CUMMINS INC MW 8/24/2020 0.750%9/1/2025 743,000.00 A+12/8/2021 12/10/2021 728,678.81 1.28 678,351.57 231021AU0 CUMMINS INC MW 8/24/2020 0.750%9/1/2025 2,257,000.00 A+12/16/2021 12/20/2021 2,222,307.35 1.18 2,060,618.43 Page 4 of 17 Page 70 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Market Values as of:3/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 437076BK7 HOME DEPOT INC MW 9/15/2015 3.350%9/15/2025 3,200,000.00 A 7/29/2022 8/2/2022 3,224,486.40 3.09 3,129,824.00 89236THP3 TOYOTA MOTOR CORP MW 10/16/2020 0.800%10/16/2025 3,000,000.00 A+12/8/2021 12/10/2021 2,931,090.00 1.42 2,733,630.00 92826CAD4 VISA INC MW 12/14/2015 3.150%12/14/2025 2,500,000.00 AA-3/24/2022 3/28/2022 2,535,958.53 2.74 2,426,425.00 713448DF2 PEPSICO INC MW 2/24/2016 2.850%2/24/2026 1,872,000.00 A+10/4/2022 10/6/2022 1,785,214.08 4.34 1,810,224.00 17275RBC5 CISCO SYSTEMS MW 2/29/2016 2.950%2/28/2026 3,500,000.00 AA-11/22/2022 11/25/2022 3,353,490.00 4.34 3,383,065.00 87612EBE5 TARGET CORP MW 4/11/2016 2.500%4/15/2026 1,850,000.00 A 10/3/2022 10/5/2022 1,736,749.15 4.39 1,774,520.00 87612EBE5 TARGET CORP MW 4/11/2016 2.500%4/15/2026 1,901,000.00 A 12/13/2022 12/15/2022 1,802,920.14 4.17 1,823,439.20 69371RR32 PACCAR FINANCIAL NO 5/10/2021 1.100%5/11/2026 3,000,000.00 A+10/3/2022 10/5/2022 2,673,850.54 4.40 2,709,540.00 458140AU4 INTEL CORP MW 5/19/2016 2.600%5/19/2026 2,374,000.00 A 12/23/2021 12/28/2021 2,494,124.40 1.34 2,253,353.32 931142EM1 WALMART INC MW 4/23/2019 3.050%7/8/2026 1,900,000.00 AA 9/23/2022 9/27/2022 1,829,939.40 4.11 1,838,934.00 17275RBL5 CISCO SYSTEMS MW 9/20/2016 2.500%9/20/2026 1,150,000.00 AA-10/4/2022 10/6/2022 1,084,622.50 4.07 1,084,611.00 438516BL9 HONEYWELL INTERNATIONAL MW 10/31/2016 2.500%11/1/2026 1,185,000.00 A 8/1/2022 8/3/2022 1,160,092.98 3.03 1,121,697.30 654106AF0 NIKE INC MW 10/21/2016 2.375%11/1/2026 1,035,000.00 AA-8/2/2022 8/4/2022 1,003,598.10 3.14 971,212.95 452308AX7 ILLINOIS TOOL WORKS INC MW 11/7/2016 2.650%11/15/2026 1,421,000.00 A+10/14/2022 10/18/2022 1,305,557.96 4.87 1,347,392.20 002824BF6 ABBOTT LABORATORIES MW 11/22/2016 3.750%11/30/2026 1,000,000.00 AA-10/17/2022 10/19/2022 964,363.96 4.71 991,900.00 06048WS84 BANK OF AMERICA CORP YES 3/2/2022 2.750%3/2/2027 4,000,000.00 A-2/28/2022 3/2/2022 4,000,000.00 2.75 3,659,960.00 808513BY0 CHARLES SCHWAB CORP MW 3/3/2022 2.450%3/3/2027 2,205,000.00 A 8/1/2022 8/3/2022 2,121,115.19 3.35 1,973,541.15 713448ER5 PEPSICO INC MW 3/19/2020 2.625%3/19/2027 1,935,000.00 A+8/2/2022 8/4/2022 1,892,043.00 3.14 1,827,530.10 22160KAM7 COSTCO WHOLESALE CORP MW 5/18/2017 3.000%5/18/2027 3,200,000.00 A+11/21/2022 11/23/2022 3,030,376.96 4.31 3,076,960.00 58933YBC8 MERCK & CO INC MW 12/10/2021 1.700%6/10/2027 3,200,000.00 A+8/2/2022 8/4/2022 2,988,096.00 3.18 2,905,152.00 CORPORATE NOTE SUBTOTAL 149,533,000.00 150,459,646.65 144,175,663.77 3137EAEN5 FREDDIE MAC (FHLMC)NO 6/11/2018 2.750%6/19/2023 2,000,000.00 AA+1/21/2022 1/24/2022 2,054,995.37 0.78 1,991,100.00 3133ENEY2 FED FARM CREDIT (FFCB)NO 11/24/2021 0.450%7/24/2023 3,000,000.00 AA+1/21/2022 1/24/2022 2,982,204.90 0.85 2,958,210.00 3133EKZK5 FED FARM CREDIT (FFCB)NO 8/14/2019 1.600%8/14/2023 2,719,000.00 AA+8/21/2019 8/22/2019 2,728,063.74 1.51 2,687,160.51 3133ENAL4 FED FARM CREDIT (FFCB)NO 10/12/2021 0.290%10/12/2023 3,500,000.00 AA+1/24/2022 1/25/2022 3,463,997.50 0.90 3,416,350.00 3137EAEY1 FREDDIE MAC (FHLMC)NO 10/16/2020 0.125%10/16/2023 3,000,000.00 AA+1/5/2022 1/6/2022 2,969,049.00 0.71 2,926,080.00 3130ASNW5 FED HOME LN BANK (FHLB)YES 7/27/2022 3.400%10/27/2023 3,750,000.00 AA+7/12/2022 7/27/2022 3,750,000.00 3.40 3,714,000.00 3130APU29 FED HOME LN BANK (FHLB)NO 11/12/2021 0.500%11/9/2023 3,500,000.00 AA+1/5/2022 1/6/2022 3,484,022.50 0.75 3,409,770.00 3130APWH4 FED HOME LN BANK (FHLB)YES 11/24/2021 0.750%11/22/2023 3,500,000.00 AA+1/3/2022 1/4/2022 3,497,186.00 0.79 3,405,535.00 3133ENEX4 FED FARM CREDIT (FFCB)NO 11/24/2021 0.550%11/24/2023 3,000,000.00 AA+1/5/2022 1/6/2022 2,987,194.59 0.78 2,921,610.00 3133ENHR4 FED FARM CREDIT (FFCB)NO 12/20/2021 0.680%12/20/2023 3,000,000.00 AA+1/24/2022 1/25/2022 2,983,080.00 0.98 2,914,830.00 3130ASP29 FED HOME LN BANK (FHLB)YES 7/29/2022 3.250%1/26/2024 4,000,000.00 AA+7/12/2022 7/29/2022 4,000,000.00 3.25 3,945,360.00 3130AQLR2 FED HOME LN BANK (FHLB)YES 2/7/2022 1.000%2/7/2024 2,500,000.00 AA+1/21/2022 2/7/2022 2,497,500.00 1.05 2,419,275.00 3130ASUZ0 FED HOME LN BANK (FHLB)YES 8/23/2022 3.230%2/23/2024 2,500,000.00 AA+8/10/2022 8/23/2022 2,497,500.00 3.30 2,464,775.00 3130AS3H0 FED HOME LN BANK (FHLB)YES 5/26/2022 2.625%2/26/2024 1,600,000.00 AA+5/10/2022 5/26/2022 1,600,000.00 2.63 1,568,304.00 3133ENQX1 FED FARM CREDIT (FFCB)YES 3/8/2022 1.670%3/8/2024 2,500,000.00 AA+3/3/2022 3/8/2022 2,500,000.00 1.67 2,427,250.00 3130AQD34 FED HOME LN BANK (FHLB)YES 12/28/2021 0.820%3/28/2024 3,500,000.00 AA+12/14/2021 12/28/2021 3,500,000.00 0.82 3,367,140.00 3130ARJJ1 FED HOME LN BANK (FHLB)YES 4/25/2022 2.500%4/25/2024 2,720,000.00 AA+3/25/2022 4/25/2022 2,720,000.00 2.50 2,654,937.60 3134GWJ64 FREDDIE MAC (FHLMC)YES 9/10/2020 0.400%6/10/2024 1,950,000.00 Aaa 12/16/2021 12/17/2021 1,929,720.00 0.82 1,851,993.00 3135GA5Y3 FANNIE MAE (FNMA)YES 12/14/2020 0.375%6/14/2024 2,140,000.00 AA+12/14/2021 12/15/2021 2,115,197.85 0.85 2,031,630.40 3130AQAH6 FED HOME LN BANK (FHLB)YES 12/28/2021 1.000%6/28/2024 4,000,000.00 AA+12/3/2021 12/28/2021 4,000,000.00 1.00 3,821,240.00 3133ELQ56 FED FARM CREDIT (FFCB)YES 7/2/2020 0.570%7/2/2024 3,000,000.00 AA+12/16/2021 12/17/2021 2,981,100.00 0.82 2,848,860.00 3130AP7D1 FED HOME LN BANK (FHLB)YES 10/19/2021 0.450%7/19/2024 2,090,000.00 AA+12/16/2021 12/17/2021 2,067,741.50 0.87 1,980,107.80 3130AQL68 FED HOME LN BANK (FHLB)YES 1/26/2022 1.080%7/26/2024 3,200,000.00 AA+1/6/2022 1/26/2022 3,200,000.00 1.08 3,041,120.00 3130APQX6 FED HOME LN BANK (FHLB)YES 11/23/2021 0.940%8/23/2024 2,300,000.00 AA+10/28/2021 11/23/2021 2,300,000.00 0.94 2,187,438.00 3130AS3U1 FED HOME LN BANK (FHLB)YES 5/26/2022 3.000%8/26/2024 3,000,000.00 AA+5/11/2022 5/26/2022 3,000,000.00 3.00 2,932,830.00 3130APYH2 FED HOME LN BANK (FHLB)YES 12/16/2021 1.000%9/16/2024 4,000,000.00 AA+11/17/2021 12/16/2021 4,000,000.00 1.00 3,800,800.00 3130AQ4Q3 FED HOME LN BANK (FHLB)YES 12/23/2021 1.000%9/23/2024 3,000,000.00 AA+12/1/2021 12/23/2021 3,000,000.00 1.00 2,849,070.00 31422BMD9 FARMER MAC (FAMCA)NO 9/26/2019 1.740%9/26/2024 4,000,000.00 NR 10/28/2019 10/31/2019 3,997,528.13 1.75 3,844,360.00 Page 5 of 17 Page 71 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Market Values as of:3/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 3130AQD59 FED HOME LN BANK (FHLB)YES 12/30/2021 1.000%9/30/2024 3,200,000.00 AA+12/23/2021 12/30/2021 3,200,000.00 1.00 3,037,568.00 3133EGYR0 FED FARM CREDIT (FFCB)NO 10/17/2016 1.820%10/17/2024 1,000,000.00 AA+2/5/2020 2/6/2020 1,013,630.00 1.52 962,630.00 3130AQHL0 FED HOME LN BANK (FHLB)YES 1/25/2022 1.050%10/25/2024 3,500,000.00 AA+1/20/2022 1/25/2022 3,481,819.66 1.24 3,312,505.00 3133EK4Y9 FED FARM CREDIT (FFCB)NO 11/1/2019 1.650%11/1/2024 3,000,000.00 AA+2/6/2020 2/7/2020 3,017,700.00 1.52 2,877,870.00 3130APQM0 FED HOME LN BANK (FHLB)YES 11/18/2021 1.000%11/18/2024 2,300,000.00 AA+10/28/2021 11/18/2021 2,300,000.00 1.00 2,177,203.00 3130AQ3B7 FED HOME LN BANK (FHLB)YES 11/30/2021 1.000%11/25/2024 1,000,000.00 AA+12/14/2021 12/15/2021 1,000,368.28 0.99 946,140.00 3133EN4N7 FED FARM CREDIT (FFCB)NO 12/20/2022 4.250%12/20/2024 1,200,000.00 AA+12/28/2022 12/29/2022 1,194,984.00 4.47 1,195,680.00 3133ENKS8 FED FARM CREDIT (FFCB)NO 1/11/2022 1.125%1/6/2025 1,500,000.00 AA+1/10/2022 1/11/2022 1,496,925.00 1.20 1,414,890.00 3130A4CH3 FED HOME LN BANK (FHLB)NO 2/17/2015 2.375%3/14/2025 3,000,000.00 AA+12/17/2021 12/20/2021 3,137,340.00 0.93 2,890,560.00 3130ARA35 FED HOME LN BANK (FHLB)YES 3/24/2022 2.000%3/24/2025 3,000,000.00 AA+3/2/2022 3/24/2022 3,000,000.00 2.00 2,868,870.00 3130ANX96 FED HOME LN BANK (FHLB)YES 9/28/2021 0.600%3/28/2025 3,500,000.00 AA+12/15/2021 12/16/2021 3,447,500.00 1.07 3,256,225.00 3130ARJP7 FED HOME LN BANK (FHLB)YES 4/21/2022 2.670%4/21/2025 2,500,000.00 AA+3/25/2022 4/21/2022 2,500,000.00 2.67 2,417,400.00 3130APKK0 FED HOME LN BANK (FHLB)YES 10/28/2021 0.850%4/28/2025 1,730,000.00 AA+10/15/2021 10/28/2021 1,730,000.00 0.85 1,614,090.00 3130APXP5 FED HOME LN BANK (FHLB)YES 11/23/2021 1.150%5/23/2025 3,000,000.00 AA+11/17/2021 11/23/2021 3,000,000.00 1.15 2,812,200.00 3130ASG86 FED HOME LN BANK (FHLB)NO 6/15/2022 3.375%6/13/2025 2,500,000.00 AA+8/1/2022 8/2/2022 2,536,625.00 2.84 2,450,025.00 3135G04Z3 FANNIE MAE (FNMA)NO 6/19/2020 0.500%6/17/2025 4,000,000.00 AA+12/27/2021 12/28/2021 3,921,600.00 1.08 3,694,320.00 3133ENHW3 FED FARM CREDIT (FFCB)YES 12/23/2021 1.170%6/23/2025 3,000,000.00 AA+12/14/2021 12/23/2021 3,000,000.00 1.17 2,797,170.00 3130APK38 FED HOME LN BANK (FHLB)YES 10/27/2021 0.875%6/27/2025 3,500,000.00 AA+1/6/2022 1/7/2022 3,459,774.50 1.21 3,256,400.00 3130AQ5S8 FED HOME LN BANK (FHLB)YES 12/30/2021 1.250%6/30/2025 3,500,000.00 AA+12/1/2021 12/30/2021 3,500,000.00 1.25 3,267,040.00 3130AQGV9 FED HOME LN BANK (FHLB)YES 1/18/2022 1.200%7/18/2025 3,500,000.00 AA+12/29/2021 1/18/2022 3,500,000.00 1.20 3,275,930.00 3130AQHV8 FED HOME LN BANK (FHLB)YES 1/25/2022 1.250%7/25/2025 3,000,000.00 AA+1/6/2022 1/25/2022 3,000,000.00 1.25 2,795,280.00 3135G05X7 FANNIE MAE (FNMA)NO 8/27/2020 0.375%8/25/2025 4,000,000.00 AA+11/17/2021 11/18/2021 3,899,720.00 1.06 3,659,840.00 3130AP3F0 FED HOME LN BANK (FHLB)YES 9/29/2021 0.700%8/29/2025 4,000,000.00 AA+1/6/2022 1/7/2022 3,911,796.91 1.32 3,689,480.00 3130A8ZQ9 FED HOME LN BANK (FHLB)NO 8/9/2016 1.750%9/12/2025 4,000,000.00 AA+11/30/2021 12/1/2021 4,104,240.00 1.05 3,783,920.00 3134GWUG9 FREDDIE MAC (FHLMC)YES 9/24/2020 0.570%9/24/2025 4,000,000.00 Aaa 12/27/2021 12/28/2021 3,910,000.00 1.19 3,655,320.00 3130ARGJ4 FED HOME LN BANK (FHLB)YES 4/14/2022 2.500%10/14/2025 3,500,000.00 AA+3/22/2022 4/14/2022 3,500,000.00 2.50 3,366,440.00 3133ENUZ1 FED FARM CREDIT (FFCB)YES 4/20/2022 3.090%10/20/2025 3,200,000.00 AA+5/5/2022 5/6/2022 3,183,877.34 3.25 3,105,248.00 3130ARLT6 FED HOME LN BANK (FHLB)YES 4/29/2022 3.100%10/29/2025 3,500,000.00 AA+3/30/2022 4/29/2022 3,500,000.00 3.10 3,396,400.00 3135G06G3 FANNIE MAE (FNMA)NO 11/12/2020 0.500%11/7/2025 3,500,000.00 AA+12/8/2021 12/9/2021 3,408,615.00 1.19 3,200,015.00 3133ENEG1 FED FARM CREDIT (FFCB)NO 11/17/2021 1.050%11/17/2025 2,030,000.00 AA+11/17/2021 11/18/2021 2,028,802.30 1.07 1,879,374.00 3133ENMM9 FED FARM CREDIT (FFCB)NO 1/27/2022 1.440%1/27/2026 3,500,000.00 AA+2/1/2022 2/2/2022 3,485,300.00 1.55 3,262,980.00 3133ENRG7 FED FARM CREDIT (FFCB)YES 3/10/2022 2.220%3/10/2026 3,500,000.00 AA+3/8/2022 3/10/2022 3,498,250.00 2.23 3,307,990.00 3133ENV72 FED FARM CREDIT (FFCB)NO 10/27/2022 4.500%7/27/2026 3,000,000.00 AA+10/24/2022 10/27/2022 2,998,950.00 4.51 3,044,640.00 3133ENH45 FED FARM CREDIT (FFCB)NO 8/24/2022 3.125%8/24/2026 1,666,000.00 AA+9/9/2022 9/12/2022 1,637,861.26 3.59 1,622,267.50 3130ASUB3 FED HOME LN BANK (FHLB)YES 8/25/2022 4.000%8/25/2026 3,500,000.00 AA+7/29/2022 8/25/2022 3,500,000.00 4.00 3,425,310.00 3133EJD55 FED FARM CREDIT (FFCB)NO 9/28/2018 3.300%9/28/2026 1,000,000.00 AA+9/28/2022 9/29/2022 968,590.00 4.16 978,110.00 3130ARHY0 FED HOME LN BANK (FHLB)YES 4/21/2022 3.000%10/21/2026 3,750,000.00 AA+3/24/2022 4/21/2022 3,750,000.00 3.00 3,587,250.00 3130APRK3 FED HOME LN BANK (FHLB)YES 11/23/2021 1.430%11/23/2026 2,600,000.00 AA+2/28/2022 3/1/2022 2,541,500.00 1.93 2,362,230.00 3130ATVE4 FED HOME LN BANK (FHLB)NO 11/7/2022 4.500%12/11/2026 1,650,000.00 AA+11/29/2022 12/1/2022 1,675,007.40 4.09 1,670,064.00 3133ENL99 FED FARM CREDIT (FFCB)NO 9/15/2022 3.375%9/15/2027 3,500,000.00 AA+9/8/2022 9/15/2022 3,487,890.00 3.45 3,422,090.00 3133ENW63 FED FARM CREDIT (FFCB)NO 10/27/2022 4.375%10/27/2027 3,500,000.00 AA+10/24/2022 10/27/2022 3,498,460.00 4.38 3,565,660.00 FEDERAL AGENCY BOND/NOTE SUBTOTAL 202,295,000.00 201,733,207.73 193,685,760.81 91282CDD0 U.S. TREASURY NOTE NO 11/1/2021 0.375%10/31/2023 3,500,000.00 Aaa 1/5/2022 1/6/2022 3,477,819.06 0.73 3,412,920.00 912828WE6 U.S. TREASURY NOTE NO 11/15/2013 2.750%11/15/2023 3,000,000.00 Aaa 1/21/2022 1/24/2022 3,097,970.79 0.92 2,962,500.00 91282CDM0 U.S. TREASURY NOTE NO 11/30/2021 0.500%11/30/2023 3,000,000.00 Aaa 1/21/2022 1/24/2022 2,975,386.56 0.95 2,917,260.00 91282CFX4 U.S. TREASURY NOTE NO 11/30/2022 4.500%11/30/2024 3,000,000.00 Aaa 11/23/2022 11/30/2022 3,001,406.25 4.48 3,010,680.00 912810EV6 U.S. TREASURY NOTE NO 8/15/1995 6.875%8/15/2025 3,000,000.00 Aaa 11/28/2022 11/30/2022 3,201,679.69 4.22 3,201,810.00 912810EX2 U.S. TREASURY NOTE NO 8/15/1996 6.750%8/15/2026 3,500,000.00 Aaa 11/22/2022 11/23/2022 3,821,152.34 4.07 3,820,880.00 U.S. TREASURY NOTE SUBTOTAL 19,000,000.00 19,575,414.69 19,326,050.00 Page 6 of 17 Page 72 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Market Values as of:3/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 072024WN8 BAY AREA CA TOLL AUTH MW 9/26/2019 2.184%4/1/2023 2,500,000.00 AA 9/23/2019 9/30/2019 2,509,850.00 2.07 2,500,000.00 735000TK7 PORT OF OAKLAND MW 12/3/2020 0.821%5/1/2023 1,050,000.00 A+3/29/2022 3/31/2022 1,035,678.00 2.10 1,046,818.50 91412G2U8 UNIV OF CALIFORNIA MW 9/28/2017 2.519%5/15/2023 2,000,000.00 AA-10/30/2019 11/1/2019 2,043,540.00 1.88 1,994,120.00 13032UVA3 CALIFORNIA HEALTH FACILITY FIN AUTH MW 11/25/2019 1.970%6/1/2023 1,000,000.00 AA-11/20/2019 11/25/2019 1,000,000.00 1.97 995,240.00 68304FAC0 CITY OF ONTARIO CA NO 5/21/2020 2.216%6/1/2023 200,000.00 AA 5/15/2020 5/21/2020 203,506.00 1.62 199,092.00 84247PHY0 SOUTHERN CA PUBLIC POWER AUTH MW 3/26/2014 3.458%7/1/2023 3,960,000.00 AA-12/12/2018 12/14/2018 4,028,389.20 3.05 3,947,724.00 365298Y44 GARDEN GROVE UNIFIED SD NO 10/16/2019 1.926%8/1/2023 245,000.00 AA-9/25/2019 10/16/2019 245,000.00 1.93 242,630.85 738850SW7 POWAY UNIFIED SCHOOL DIST NO 10/16/2019 1.992%8/1/2023 1,000,000.00 AA-9/27/2019 10/16/2019 1,000,000.00 1.99 991,170.00 189849MF6 COACHELLA VALLEY USD NO 10/17/2019 1.899%8/1/2023 555,000.00 AA 10/4/2019 10/17/2019 555,000.00 1.90 549,172.50 799306QJ7 SAN RAFAEL ELEM SCH DIST NO 11/13/2019 1.865%8/1/2023 980,000.00 AA 11/1/2019 11/13/2019 980,000.00 1.87 970,856.60 9523472D3 WEST CONTRA COSTA USD NO 5/12/2020 1.569%8/1/2023 500,000.00 AA-5/5/2020 5/12/2020 500,000.00 1.57 494,705.00 73208PBD2 POMONA PENSION OBLG NO 8/20/2020 4.000%8/1/2023 500,000.00 AA-10/15/2020 10/19/2020 541,065.00 1.00 498,080.00 13063DDG0 STATE OF CALIFORNIA NO 10/26/2017 2.250%10/1/2023 2,500,000.00 AA-11/30/2018 12/5/2018 2,401,525.00 3.14 2,466,375.00 13063DDG0 STATE OF CALIFORNIA NO 10/26/2017 2.250%10/1/2023 4,000,000.00 AA-10/29/2018 10/31/2018 3,848,480.00 3.09 3,946,200.00 13077DKB7 CALIFORNIA STATE UNIVERSITY MW 2/27/2020 1.557%11/1/2023 400,000.00 AA-2/6/2020 2/27/2020 400,000.00 1.56 392,296.00 057507KL8 BAKERSFIELD SCHOOL DISTRICT NO 3/29/2017 5.500%11/1/2023 335,000.00 A+5/4/2020 5/6/2020 385,524.70 1.08 340,480.60 13063DLZ9 STATE OF CALIFORNIA NO 4/4/2019 3.000%4/1/2024 3,000,000.00 AA-7/26/2019 7/30/2019 3,125,010.00 2.06 2,947,800.00 769036BL7 CITY OF RIVERSIDE PENSN OBLG MW 6/11/2020 2.107%6/1/2024 250,000.00 AA 6/5/2020 6/11/2020 250,000.00 2.11 241,890.00 15276PAV1 CENTRAL UNIFIED SCHOOL DISTRICT NO 6/18/2014 5.000%7/1/2024 795,000.00 AA 4/28/2020 4/30/2020 916,786.05 1.22 819,382.65 799306QK4 SAN RAFAEL ELEM SCH DIST NO 11/13/2019 1.965%8/1/2024 1,200,000.00 AA 11/1/2019 11/13/2019 1,200,000.00 1.97 1,157,988.00 802498UH6 SANTA MONICA-MALIBU USD NO 11/6/2019 1.719%8/1/2024 250,000.00 AA+10/8/2019 11/6/2019 250,000.00 1.72 240,630.00 376087FZ0 GILROY UNIFIED SD NO 10/30/2019 1.833%8/1/2024 500,000.00 AA-10/9/2019 10/31/2019 500,000.00 1.83 482,170.00 542411NJ8 LONG BEACH CCD NO 10/23/2019 1.803%8/1/2024 1,315,000.00 AA 10/9/2019 10/23/2019 1,315,000.00 1.80 1,266,266.10 189849MG4 COACHELLA VALLEY USD NO 10/17/2019 1.999%8/1/2024 365,000.00 AA 10/9/2019 10/17/2019 365,492.75 1.97 350,575.20 796720MY3 SAN BERNARDINO CCD NO 12/12/2019 2.044%8/1/2024 700,000.00 AA 11/21/2019 12/12/2019 700,000.00 2.04 677,957.00 796720MG2 SAN BERNARDINO CCD NO 12/12/2019 2.044%8/1/2024 1,000,000.00 AA 11/21/2019 12/12/2019 1,000,000.00 2.04 968,510.00 835569GR9 SONOMA CNTY JR COLLEGE DIST NO 11/12/2019 2.061%8/1/2024 1,000,000.00 AA 10/23/2019 11/12/2019 1,000,000.00 2.06 966,210.00 91882RFU1 VAL VERDE UNIFIED SCH DIST NO 6/19/2020 1.654%8/1/2024 215,000.00 AA 6/10/2020 6/19/2020 215,000.00 1.65 206,711.75 671205Y63 OAK GROVE SCHOOL DISTRICT NO 6/25/2020 1.276%8/1/2024 200,000.00 AA 6/12/2020 6/25/2020 200,000.00 1.28 191,354.00 14575TDY5 CARSON REDEV AGY TAB NO 9/3/2020 1.188%8/1/2024 600,000.00 AA 8/12/2020 9/3/2020 600,000.00 1.19 571,242.00 802309NW0 SANTA MARIA JT UHSD SINK 12/14/2021 1.095%8/1/2024 400,000.00 Aa2 12/9/2021 12/14/2021 400,000.00 1.10 381,148.00 801096AS7 SANTA ANA CMNTY REDEV AGY NO 11/8/2018 3.683%9/1/2024 2,000,000.00 AA 1/13/2020 1/17/2020 2,157,220.00 1.90 1,971,520.00 13077DQC9 CALIFORNIA STATE UNIVERSITY MW 7/29/2021 0.563%11/1/2024 450,000.00 AA-7/9/2021 7/29/2021 450,000.00 0.56 423,751.50 63540QAC1 NATIONAL CITY PENSN OBLIG NO 11/16/2021 1.019%11/1/2024 300,000.00 AA-12/3/2021 12/7/2021 299,646.00 1.06 281,112.00 20772KAG4 STATE OF CONNECTICUT NO 12/21/2017 3.230%1/15/2025 1,700,000.00 AA-7/29/2022 8/2/2022 1,708,347.00 3.02 1,661,852.00 13063CQS2 STATE OF CALIFORNIA NO 3/18/2015 4.000%3/1/2025 750,000.00 AA-4/27/2020 4/29/2020 845,032.50 1.29 771,877.50 797679CC9 SAN FRANCISCO CITY/CNTY PORT COMM NO 2/27/2020 1.894%3/1/2025 255,000.00 A 2/13/2020 2/27/2020 255,000.00 1.89 241,724.70 365471AE1 GARDENA PENSN OBLIG MW 11/24/2020 1.702%4/1/2025 250,000.00 AA-11/20/2020 11/24/2020 257,455.00 1.00 234,830.00 735000TM3 PORT OF OAKLAND MW 12/3/2020 1.181%5/1/2025 1,030,000.00 A+11/30/2021 12/2/2021 1,033,471.10 1.08 958,837.30 13079XBT2 CA STWD CMNTY DEV TRANS NO 10/8/2020 1.061%6/1/2025 1,000,000.00 AA 9/23/2020 10/8/2020 1,000,000.00 1.06 924,150.00 68304FAE6 CITY OF ONTARIO CA POB NO 5/21/2020 2.537%6/1/2025 1,000,000.00 AA 5/20/2020 6/5/2020 1,027,770.00 1.95 952,090.00 91412GU94 UNIV OF CALIFORNIA MW 5/18/2017 3.063%7/1/2025 1,600,000.00 AA 12/16/2021 12/20/2021 1,702,096.00 1.21 1,559,856.00 798170AH9 SAN JOSE SUCCESSOR AGY NO 12/21/2017 3.076%8/1/2025 4,675,000.00 AA 11/18/2021 11/22/2021 5,007,345.75 1.11 4,519,883.50 796711G94 CITY OF SAN BERNARDINO USD NO 9/24/2020 1.114%8/1/2025 2,250,000.00 AA 9/11/2020 9/24/2020 2,250,000.00 1.11 2,087,257.50 197036PL4 COLTON UNIFIED SD NO 10/28/2020 1.052%8/1/2025 2,475,000.00 AA 10/15/2020 10/28/2020 2,475,000.00 1.05 2,289,845.25 144393NA9 CARPINTERIA UNIFIED SCH DIST NO 11/18/2020 1.100%8/1/2025 1,210,000.00 AA-10/28/2020 11/18/2020 1,212,758.80 1.05 1,111,953.70 73208PBF7 POMONA PENSION OBLG NO 8/20/2020 4.000%8/1/2025 1,675,000.00 AA-9/14/2020 9/16/2020 1,878,964.75 1.41 1,639,456.50 798135E88 SAN JOSE GEN OBLIG MW 7/25/2019 2.450%9/1/2025 2,275,000.00 AA+12/16/2021 12/20/2021 2,381,288.00 1.16 2,172,283.75 419792ZL3 STATE OF HAWAII MW 10/29/2020 0.852%10/1/2025 2,290,000.00 AA+3/25/2022 3/29/2022 2,146,417.00 2.74 2,101,510.10 Page 7 of 17 Page 73 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Market Values as of:3/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 13077DML3 CALIFORNIA STATE UNIVERSITY MW 9/17/2020 0.885%11/1/2025 775,000.00 AA-12/13/2021 12/15/2021 763,452.50 1.28 711,969.25 13077DQD7 CALIFORNIA STATE UNIVERSITY MW 7/29/2021 0.862%11/1/2025 2,500,000.00 AA-5/5/2022 5/9/2022 2,295,050.00 3.38 2,295,300.00 13063DMA3 STATE OF CALIFORNIA NO 4/4/2019 2.650%4/1/2026 3,200,000.00 AA-5/5/2022 5/9/2022 3,127,936.00 3.27 3,057,600.00 817409N43 SEQUOIA UHSD NO 2/27/2020 1.831%7/1/2026 2,050,000.00 Aa1 10/26/2022 10/28/2022 1,856,131.50 4.66 1,911,010.00 446222US8 HUNTINGTON BEACH UHSD NO 6/10/2021 1.208%8/1/2026 3,510,000.00 AA-8/1/2022 8/3/2022 3,241,765.80 3.26 3,173,882.40 544351MS5 CITY OF LOS ANGELES NO 7/12/2018 3.500%9/1/2026 1,085,000.00 AA 9/23/2022 9/27/2022 1,053,144.40 4.32 1,057,115.50 20772KEX3 STATE OF CONNECTICUT NO 9/13/2018 3.800%9/15/2026 3,000,000.00 AA-9/14/2022 9/16/2022 2,987,880.00 3.91 2,955,720.00 91412HGF4 UNIV OF CALIFORNIA MW 7/16/2020 1.316%5/15/2027 1,340,000.00 AA 8/30/2022 9/1/2022 1,194,878.00 3.85 1,192,586.60 769036BP8 CITY OF RIVERSIDE PENSN OBLG MW 6/11/2020 2.640%6/1/2027 1,500,000.00 AA 11/3/2022 11/7/2022 1,341,120.00 5.28 1,384,665.00 817409N50 SEQUOIA UHSD NO 2/27/2020 1.951%7/1/2027 2,150,000.00 Aa1 8/30/2022 9/1/2022 1,969,658.00 3.87 1,963,896.00 786318LF0 SADDLEBACK USD NO 12/5/2019 2.400%8/1/2027 1,805,000.00 Aa1 8/10/2022 8/12/2022 1,726,681.05 3.36 1,662,856.25 797272QS3 SAN DIEGO CCD NO 10/16/2019 2.407%8/1/2027 1,300,000.00 AAA 8/4/2022 8/8/2022 1,249,326.00 3.26 1,206,036.00 62451FKL3 MOUNTAIN VIEW-WHISMAN SD NO 5/19/2020 1.912%9/1/2027 970,000.00 AAA 10/13/2022 10/17/2022 844,928.20 4.92 881,943.40 MUNICIPAL BOND SUBTOTAL 85,885,000.00 85,454,610.05 82,403,167.45 45950VRF5 INTL FINANCE CORP (IFC)NO 6/24/2022 2.650%6/24/2024 1,900,000.00 AAA 7/25/2022 7/27/2022 1,883,406.28 3.12 1,855,046.00 4581X0DZ8 INTERAMER DEV (IADB)NO 9/23/2021 0.500%9/23/2024 3,000,000.00 AAA 12/16/2021 12/20/2021 2,969,402.21 0.88 2,835,030.00 459058DX8 INTL BK RECON & DEVELOP (IBRD)NO 11/25/2014 2.500%11/25/2024 3,000,000.00 AAA 3/24/2022 3/28/2022 3,013,112.61 2.33 2,915,370.00 459058EP4 INTL BK RECON & DEVELOP (IBRD)NO 7/29/2015 2.500%7/29/2025 3,500,000.00 AAA 12/13/2021 12/15/2021 3,675,035.00 1.09 3,381,910.00 4581X0CU0 INTERAMER DEV (IADB)NO 6/2/2016 2.000%6/2/2026 3,000,000.00 AAA 8/3/2022 8/5/2022 2,881,139.04 3.11 2,823,180.00 45950KCX6 INTL FINANCE CORP (IFC)NO 9/8/2021 0.750%10/8/2026 4,000,000.00 AAA 1/20/2022 1/24/2022 3,842,373.68 1.62 3,595,840.00 SUPRANATIONAL SUBTOTAL 18,400,000.00 18,264,468.82 17,406,376.00 NEIGHBORHOOD NATIONAL BANK NO 8/17/2023 4,267,121.43 8/18/2022 4,267,121.43 1.92 4,267,121.43 PLACEMENT SERVICE DEPOSITS 4,267,121.43 4,267,121.43 4,267,121.43 LOCAL AGENCY INVESTMENT FUND 41,924,455.54 41,924,455.54 41,358,908.43 SD COUNTY INVESTMENT POOL 23,501,714.03 23,501,714.03 22,808,413.47 POOLED INVESTMENTS SUBTOTAL 65,426,169.57 65,426,169.57 64,167,321.89 MONEY MARKET FUND (BNY MELLON)19,300,967.26 19,300,967.26 19,300,967.26 ALL INVESTMENTS GRAND TOTAL 586,705,258.26 587,081,911.65 566,517,795.52 1 The Market Value for LAIF and San Diego County Investment Pool are calculated using the Market Value/Fair Value Factor provided by those agencies. Page 8 of 17 Page 74 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Activity for the Quarter Ended March 31, 2023 MATURITY CUSIP SecurityTypeDesc Issuer DatedDate Coupon Maturity Par Rating TradeDate Settlement Date Book Value YTM Jan-23 21688AAL6 CORPORATE NOTE COOPERATIVE RABOBANK NY 1/10/2018 2.750%1/10/2023 2,500,000.00 A+3/25/2019 3/28/2019 2,485,700.00 2.91 573125AF8 CERTIFICATE OF DEPOSIT MARTHAS VINEYARD SB 1/21/2020 1.650%1/23/2023 249,000.00 NA 1/13/2020 1/21/2020 249,000.00 1.65 91330ABX4 CERTIFICATE OF DEPOSIT UNITY BANK NJ 1/22/2020 1.650%1/23/2023 249,000.00 NA 1/13/2020 1/22/2020 249,000.00 1.65 928066BB4 CERTIFICATE OF DEPOSIT VIRGINIA PARTNERS BANK 1/27/2020 1.650%1/27/2023 249,000.00 NA 1/13/2020 1/27/2020 249,000.00 1.65 Feb-23 59156RBB3 CORPORATE NOTE METLIFE INC 9/10/2013 4.368%9/15/2023 3,549,000.00 A-12/22/2021 12/27/2021 3,761,159.22 0.86 74348HAE8 CERTIFICATE OF DEPOSIT PROMISEONE BANK 2/14/2020 1.500%2/14/2023 249,000.00 NA 2/4/2020 2/14/2020 249,000.00 1.50 3130AJ7E3 FEDERAL AGENCY BOND/NOTE FED HOME LN BANK (FHLB)2/21/2020 1.375%2/17/2023 3,000,000.00 AA+3/30/2022 3/31/2022 2,994,780.19 1.57 81768PAF3 CERTIFICATE OF DEPOSIT SERVISFIRST BANK 2/21/2020 1.600%2/21/2023 249,000.00 NA 1/31/2020 2/21/2020 249,000.00 1.60 06425KCC1 CERTIFICATE OF DEPOSIT BANK OF PERRY COUNTY 2/21/2020 1.550%2/21/2023 249,000.00 NA 2/4/2020 2/21/2020 249,000.00 1.55 9128284A5 U.S. TREASURY NOTE U.S. TREASURY NOTE 2/28/2018 2.625%2/28/2023 2,500,000.00 Aaa 3/30/2022 3/31/2022 2,523,535.90 1.58 Mar-23 709771AG4 CERTIFICATE OF DEPOSIT PEOPLEFIRST BANK 3/6/2020 1.350%3/6/2023 249,000.00 NA 2/27/2020 3/6/2020 249,000.00 1.35 3130AS4V8 FEDERAL AGENCY BOND/NOTE FED HOME LN BANK (FHLB)6/9/2022 2.000%3/9/2023 2,400,000.00 NR 5/12/2022 6/9/2022 2,400,000.00 2.00 695292FR8 CERTIFICATE OF DEPOSIT PADUCAH BANK AND TRUST 3/12/2020 1.250%3/13/2023 249,000.00 NA 2/28/2020 3/13/2020 249,000.00 1.25 31944MAR6 CERTIFICATE OF DEPOSIT FIRST CAROLINA BANK 3/24/2020 1.100%3/24/2023 249,000.00 NA 3/2/2020 3/24/2020 249,000.00 1.10 Total 16,190,000.00 BUY CUSIP SecurityTypeDesc Issuer DatedDate Coupon Maturity Par Rating TradeDate Settlement Date Book Value YTM Jan-23 Feb-23 Mar-23 Total 0.00 Page 9 of 17 Page 75 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Today's Date:3/31/2023 Portfolio Maturity Distribution 0 - 182 Days 183 - 365 Days 366 - 730 Days 731 - 1095 Days 1096 - 1460 Days 1461 - 1825 Days Description PAR Maturity Days to Maturity Under 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years ASSET-BACKED SECURITY -$ -$ -$ -$ -$ -$ STATE BANK OF REESEVILLE 249,000.00 4/12/2023 12 249,000.00$ -$ -$ -$ -$ -$ MIDWEST COMMUNITY BANK 249,000.00 4/14/2023 14 249,000.00$ -$ -$ -$ -$ -$ CADENCE BANK 248,000.00 4/17/2023 17 248,000.00$ -$ -$ -$ -$ -$ EAGLEBANK 249,000.00 4/28/2023 28 249,000.00$ -$ -$ -$ -$ -$ STEARNS BANK 247,000.00 5/10/2023 40 247,000.00$ -$ -$ -$ -$ -$ FARMERS & MERCH SVGS BK 249,000.00 8/15/2023 137 249,000.00$ -$ -$ -$ -$ -$ NEBRASKALAND NATIONAL BANK 248,000.00 8/22/2023 144 248,000.00$ -$ -$ -$ -$ -$ FIRSTIER BANK 249,000.00 8/23/2023 145 249,000.00$ -$ -$ -$ -$ -$ AMERICAN COMMERCE BANK 249,000.00 8/23/2023 145 249,000.00$ -$ -$ -$ -$ -$ CELTIC BANK 249,000.00 8/30/2023 152 249,000.00$ -$ -$ -$ -$ -$ FIRST ST BANK BUXTON 249,000.00 9/5/2023 158 249,000.00$ -$ -$ -$ -$ -$ NATIONAL BANK OF NY CITY 249,000.00 9/8/2023 161 249,000.00$ -$ -$ -$ -$ -$ ABACUS FEDERAL SVGS BANK 249,000.00 9/12/2023 165 249,000.00$ -$ -$ -$ -$ -$ FIRST SERVICE BANK 249,000.00 9/29/2023 182 249,000.00$ -$ -$ -$ -$ -$ COMENITY CAPITAL 249,000.00 10/30/2023 213 -$ 249,000.00$ -$ -$ -$ -$ GOLDMAN SACHS 245,000.00 10/31/2023 214 -$ 245,000.00$ -$ -$ -$ -$ UBS BANK USA 249,000.00 11/7/2023 221 -$ 249,000.00$ -$ -$ -$ -$ BARCLAYS BANK 245,000.00 11/7/2023 221 -$ 245,000.00$ -$ -$ -$ -$ MORGAN STANLEY 245,000.00 11/8/2023 222 -$ 245,000.00$ -$ -$ -$ -$ CITIBANK NA 245,000.00 11/9/2023 223 -$ 245,000.00$ -$ -$ -$ -$ WELLS FARGO BANK NA 249,000.00 11/9/2023 223 -$ 249,000.00$ -$ -$ -$ -$ COMMERCIAL BANK HARROGATE 249,000.00 11/15/2023 229 -$ 249,000.00$ -$ -$ -$ -$ BANK OF NEW ENGLAND 249,000.00 11/20/2023 234 -$ 249,000.00$ -$ -$ -$ -$ BANK OF BARODA 245,000.00 11/30/2023 244 -$ 245,000.00$ -$ -$ -$ -$ MARLIN BUSINESS BANK 249,000.00 12/4/2023 248 -$ 249,000.00$ -$ -$ -$ -$ BAR HARBOR BANK & TRUST 249,000.00 12/29/2023 273 -$ 249,000.00$ -$ -$ -$ -$ NAHEOLA CREDIT UNION 248,000.00 1/10/2024 285 -$ 248,000.00$ -$ -$ -$ -$ MEDALLION BANK UTAH 249,000.00 2/12/2024 318 -$ 249,000.00$ -$ -$ -$ -$ ROLLSTONE BANK & TRUST 247,000.00 2/12/2024 318 -$ 247,000.00$ -$ -$ -$ -$ PCSB BANK 249,000.00 2/21/2024 327 -$ 249,000.00$ -$ -$ -$ -$ BANK HAPOALIM BM NY 246,000.00 3/25/2024 360 -$ 246,000.00$ -$ -$ -$ -$ AXOS BANK 249,000.00 3/26/2024 361 -$ 249,000.00$ -$ -$ -$ -$ NICOLET NATIONAL BANK 249,000.00 3/28/2024 363 -$ 249,000.00$ -$ -$ -$ -$ LAKESIDE BANK 249,000.00 4/12/2024 378 -$ -$ 249,000.00$ -$ -$ -$ JEFFERSON BANK 249,000.00 4/15/2024 381 -$ -$ 249,000.00$ -$ -$ -$ PACIFIC WESTERN BANK 248,000.00 4/16/2024 382 -$ -$ 248,000.00$ -$ -$ -$ THOMASTON SAVINGS BANK 248,000.00 4/23/2024 389 -$ -$ 248,000.00$ -$ -$ -$ NORTHWEST BANK 249,000.00 4/30/2024 396 -$ -$ 249,000.00$ -$ -$ -$ FIRST FREEDOM BANK 249,000.00 4/30/2024 396 -$ -$ 249,000.00$ -$ -$ -$ UNITED REPUBLIC BANK 249,000.00 5/13/2024 409 -$ -$ 249,000.00$ -$ -$ -$ CAPITAL ONE NA 246,000.00 6/19/2024 446 -$ -$ 246,000.00$ -$ -$ -$ CAPITAL ONE BANK 246,000.00 6/19/2024 446 -$ -$ 246,000.00$ -$ -$ -$ LCA BANK CORPORATION 247,000.00 6/28/2024 455 -$ -$ 247,000.00$ -$ -$ -$ REVERE BANK 247,000.00 6/28/2024 455 -$ -$ 247,000.00$ -$ -$ -$ CENTURY NEXT BANK 249,000.00 7/17/2024 474 -$ -$ 249,000.00$ -$ -$ -$ CF BANK 247,000.00 8/19/2024 507 -$ -$ 247,000.00$ -$ -$ -$ FIRST RESOURCE BANK 249,000.00 8/21/2024 509 -$ -$ 249,000.00$ -$ -$ -$ CALDWELL BANK & TRUST 247,000.00 8/23/2024 511 -$ -$ 247,000.00$ -$ -$ -$ WASHINGTON FEDERAL 249,000.00 8/23/2024 511 -$ -$ 249,000.00$ -$ -$ -$ GENOA BANKING COMPANY 249,000.00 8/28/2024 516 -$ -$ 249,000.00$ -$ -$ -$ MERCHANTS STATE BANK 247,000.00 8/30/2024 518 -$ -$ 247,000.00$ -$ -$ -$ PREFERRED BANK 249,000.00 8/30/2024 518 -$ -$ 249,000.00$ -$ -$ -$ PEOPLES BANK ROCK VALLEY 249,000.00 9/10/2024 529 -$ -$ 249,000.00$ -$ -$ -$ ALMA BANK 249,000.00 9/11/2024 530 -$ -$ 249,000.00$ -$ -$ -$ BANK OF OLD MONROE 249,000.00 9/18/2024 537 -$ -$ 249,000.00$ -$ -$ -$ SPRING BANK 249,000.00 9/19/2024 538 -$ -$ 249,000.00$ -$ -$ -$ Page 10 of 17 Page 76 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Today's Date:3/31/2023 Portfolio Maturity Distribution 0 - 182 Days 183 - 365 Days 366 - 730 Days 731 - 1095 Days 1096 - 1460 Days 1461 - 1825 Days Description PAR Maturity Days to Maturity Under 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years ENTERPRISE BANK 247,000.00 9/27/2024 546 -$ -$ 247,000.00$ -$ -$ -$ BANKWEST INC 249,000.00 9/27/2024 546 -$ -$ 249,000.00$ -$ -$ -$ UINTA BANK 247,000.00 10/16/2024 565 -$ -$ 247,000.00$ -$ -$ -$ MUTUALBANK 249,000.00 10/22/2024 571 -$ -$ 249,000.00$ -$ -$ -$ FIRST BANK OF NEBRASKA 249,000.00 10/30/2024 579 -$ -$ 249,000.00$ -$ -$ -$ ENTERPRISE BANK & TRUST 249,000.00 11/8/2024 588 -$ -$ 249,000.00$ -$ -$ -$ TRIAD BANK 249,000.00 11/8/2024 588 -$ -$ 249,000.00$ -$ -$ -$ MAINE SAVINGS FCU 245,000.00 11/8/2024 588 -$ -$ 245,000.00$ -$ -$ -$ COMMERCIAL BANK ALMA MI 249,000.00 11/13/2024 593 -$ -$ 249,000.00$ -$ -$ -$ COMMUNITY STATE BANK IL 249,000.00 12/2/2024 612 -$ -$ 249,000.00$ -$ -$ -$ COMMUNITY BANK TEXAS 249,000.00 12/4/2024 614 -$ -$ 249,000.00$ -$ -$ -$ BANK FORWARD 249,000.00 12/18/2024 628 -$ -$ 249,000.00$ -$ -$ -$ FREEDOM FINANCIAL BANK 249,000.00 2/14/2025 686 -$ -$ 249,000.00$ -$ -$ -$ FIRST NATL BANK MICHIGAN 249,000.00 2/14/2025 686 -$ -$ 249,000.00$ -$ -$ -$ AMERICAN STATE BANK IA 249,000.00 2/21/2025 693 -$ -$ 249,000.00$ -$ -$ -$ BELL BANK CORP 249,000.00 2/27/2025 699 -$ -$ 249,000.00$ -$ -$ -$ AMERICAN EAGLE BANK IL 249,000.00 2/28/2025 700 -$ -$ 249,000.00$ -$ -$ -$ HORIZON BANK WAVERLY NE 249,000.00 2/28/2025 700 -$ -$ 249,000.00$ -$ -$ -$ FNB OF ALBANY 249,000.00 2/28/2025 700 -$ -$ 249,000.00$ -$ -$ -$ IOWA STATE BANK 248,000.00 3/5/2025 705 -$ -$ 248,000.00$ -$ -$ -$ ACCESS BANK OMAHA NE 249,000.00 3/13/2025 713 -$ -$ 249,000.00$ -$ -$ -$ MCHENRY SAVINGS BANK 249,000.00 3/13/2025 713 -$ -$ 249,000.00$ -$ -$ -$ FNB BANK INC/ROMNEY 249,000.00 3/18/2025 718 -$ -$ 249,000.00$ -$ -$ -$ HARDIN COUNTY BANK 249,000.00 3/27/2025 727 -$ -$ 249,000.00$ -$ -$ -$ BANK OF ROMNEY 249,000.00 3/27/2025 727 -$ -$ 249,000.00$ -$ -$ -$ SAN FRANCISCO CREDIT 249,000.00 3/27/2025 727 -$ -$ 249,000.00$ -$ -$ -$ CENTRAL BANK 249,000.00 3/27/2025 727 -$ -$ 249,000.00$ -$ -$ -$ KNOXVILLE TVA EMPL CREDIT 249,000.00 3/31/2025 731 -$ -$ -$ 249,000.00$ -$ -$ CENTERSTATE BANK 248,000.00 3/31/2025 731 -$ -$ -$ 248,000.00$ -$ -$ GOLD COAST BANK 249,000.00 4/15/2025 746 -$ -$ -$ 249,000.00$ -$ -$ SYNCHRONY BANK 248,000.00 4/17/2025 748 -$ -$ -$ 248,000.00$ -$ -$ STATE BANK OF INDIA 248,000.00 4/29/2025 760 -$ -$ -$ 248,000.00$ -$ -$ BELMONT BANK & TRUST 249,000.00 4/30/2025 761 -$ -$ -$ 249,000.00$ -$ -$ M1 BANK 248,000.00 5/8/2025 769 -$ -$ -$ 248,000.00$ -$ -$ ALLIANT CREDIT UNION 249,000.00 12/30/2027 1735 -$ -$ -$ -$ -$ 249,000.00$ CERTIFICATE OF DEPOSIT 3,482,000.00$ 4,705,000.00$ 12,423,000.00$ 1,739,000.00$ -$ 249,000.00$ COMMERCIAL PAPER -$ -$ -$ -$ -$ -$ NIKE INC 1,200,000.00 5/1/2023 31 1,200,000.00$ -$ -$ -$ -$ -$ LOEWS CORP 1,500,000.00 5/15/2023 45 1,500,000.00$ -$ -$ -$ -$ -$ SIMON PROPERTY GROUP LP 2,000,000.00 6/1/2023 62 2,000,000.00$ -$ -$ -$ -$ -$ JOHN DEERE CAPITAL CORP 2,000,000.00 6/7/2023 68 2,000,000.00$ -$ -$ -$ -$ -$ CITIGROUP GLOBAL MARKETS 3,500,000.00 7/20/2023 111 3,500,000.00$ -$ -$ -$ -$ -$ BANK OF AMERICA CORP 1,255,000.00 7/24/2023 115 1,255,000.00$ -$ -$ -$ -$ -$ PNC BANK NA 2,525,000.00 7/25/2023 116 2,525,000.00$ -$ -$ -$ -$ -$ BANK OF NEW YORK MELLON CORP 3,000,000.00 8/16/2023 138 3,000,000.00$ -$ -$ -$ -$ -$ TOYOTA MOTOR CORP 2,500,000.00 8/25/2023 147 2,500,000.00$ -$ -$ -$ -$ -$ GILEAD SCIENCES 3,092,000.00 9/1/2023 154 3,092,000.00$ -$ -$ -$ -$ -$ AMERICAN HONDA FINANCE 3,000,000.00 9/8/2023 161 3,000,000.00$ -$ -$ -$ -$ -$ CUMMINS INC 3,500,000.00 10/1/2023 184 -$ 3,500,000.00$ -$ -$ -$ -$ CATERPILLAR FINL 3,700,000.00 12/7/2023 251 -$ 3,700,000.00$ -$ -$ -$ -$ GEORGIA-PACIFIC 320,000.00 1/15/2024 290 -$ 320,000.00$ -$ -$ -$ -$ JOHN DEERE CAPITAL CORP 3,000,000.00 3/7/2024 342 -$ 3,000,000.00$ -$ -$ -$ -$ UNILEVER CAPITAL 1,500,000.00 5/5/2024 401 -$ -$ 1,500,000.00$ -$ -$ -$ UNILEVER CAPITAL 2,000,000.00 5/5/2024 401 -$ -$ 2,000,000.00$ -$ -$ -$ APPLE INC 250,000.00 5/6/2024 402 -$ -$ 250,000.00$ -$ -$ -$ APPLE INC 650,000.00 5/11/2024 407 -$ -$ 650,000.00$ -$ -$ -$ TEXAS INSTRUMENTS 1,000,000.00 5/15/2024 411 -$ -$ 1,000,000.00$ -$ -$ -$ Page 11 of 17 Page 77 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Today's Date:3/31/2023 Portfolio Maturity Distribution 0 - 182 Days 183 - 365 Days 366 - 730 Days 731 - 1095 Days 1096 - 1460 Days 1461 - 1825 Days Description PAR Maturity Days to Maturity Under 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years BANK OF NEW YORK MELLON CORP 600,000.00 5/15/2024 411 -$ -$ 600,000.00$ -$ -$ -$ IBM CORP 3,000,000.00 5/15/2024 411 -$ -$ 3,000,000.00$ -$ -$ -$ ASTRAZENECA FINANCE LLC 2,500,000.00 5/28/2024 424 -$ -$ 2,500,000.00$ -$ -$ -$ ONCOR ELECTRIC DELIVERY 475,000.00 6/1/2024 428 -$ -$ 475,000.00$ -$ -$ -$ HORMEL FOODS CORP 3,000,000.00 6/3/2024 430 -$ -$ 3,000,000.00$ -$ -$ -$ WALMART INC 3,900,000.00 7/8/2024 465 -$ -$ 3,900,000.00$ -$ -$ -$ SALESFORCE.COM INC 450,000.00 7/15/2024 472 -$ -$ 450,000.00$ -$ -$ -$ UNITED HEALTH 3,000,000.00 8/15/2024 503 -$ -$ 3,000,000.00$ -$ -$ -$ EXXON MOBIL CO 1,000,000.00 8/16/2024 504 -$ -$ 1,000,000.00$ -$ -$ -$ AMAZON.COM INC 226,000.00 8/22/2024 510 -$ -$ 226,000.00$ -$ -$ -$ BURLINGTON NORTH SANTA FE 1,000,000.00 9/1/2024 520 -$ -$ 1,000,000.00$ -$ -$ -$ BURLINGTON NORTH SANTA FE 3,000,000.00 9/1/2024 520 -$ -$ 3,000,000.00$ -$ -$ -$ COCA-COLA CO 3,200,000.00 9/6/2024 525 -$ -$ 3,200,000.00$ -$ -$ -$ PAYPAL HOLDING 950,000.00 10/1/2024 550 -$ -$ 950,000.00$ -$ -$ -$ BANK OF NEW YORK MELLON CORP 1,000,000.00 10/24/2024 573 -$ -$ 1,000,000.00$ -$ -$ -$ CATERPILLAR FINL 3,000,000.00 11/8/2024 588 -$ -$ 3,000,000.00$ -$ -$ -$ HERSHEY COMPANY 677,000.00 11/15/2024 595 -$ -$ 677,000.00$ -$ -$ -$ ADOBE SYSTEMS INC 2,595,000.00 2/1/2025 673 -$ -$ 2,595,000.00$ -$ -$ -$ PACCAR FINANCIAL 1,000,000.00 2/6/2025 678 -$ -$ 1,000,000.00$ -$ -$ -$ TOYOTA MOTOR CORP 1,000,000.00 2/13/2025 685 -$ -$ 1,000,000.00$ -$ -$ -$ 3M COMPANY 2,500,000.00 2/14/2025 686 -$ -$ 2,500,000.00$ -$ -$ -$ WW GRAINGER INC 580,000.00 2/15/2025 687 -$ -$ 580,000.00$ -$ -$ -$ JOHN DEERE CAPITAL CORP 1,250,000.00 3/13/2025 713 -$ -$ 1,250,000.00$ -$ -$ -$ INTEL CORP 2,001,000.00 3/25/2025 725 -$ -$ 2,001,000.00$ -$ -$ -$ AMAZON.COM INC 3,000,000.00 4/13/2025 744 -$ -$ -$ 3,000,000.00$ -$ -$ TARGET CORP 3,000,000.00 4/15/2025 746 -$ -$ -$ 3,000,000.00$ -$ -$ APPLE INC 1,131,000.00 5/11/2025 772 -$ -$ -$ 1,131,000.00$ -$ -$ HONEYWELL INTERNATIONAL 3,000,000.00 6/1/2025 793 -$ -$ -$ 3,000,000.00$ -$ -$ AMAZON.COM INC 1,678,000.00 6/3/2025 795 -$ -$ -$ 1,678,000.00$ -$ -$ JP MORGAN CHASE 2,000,000.00 7/15/2025 837 -$ -$ -$ 2,000,000.00$ -$ -$ PACCAR FINANCIAL 2,300,000.00 8/11/2025 864 -$ -$ -$ 2,300,000.00$ -$ -$ STATE STREET CORP 1,600,000.00 8/18/2025 871 -$ -$ -$ 1,600,000.00$ -$ -$ CUMMINS INC 743,000.00 9/1/2025 885 -$ -$ -$ 743,000.00$ -$ -$ CUMMINS INC 2,257,000.00 9/1/2025 885 -$ -$ -$ 2,257,000.00$ -$ -$ HOME DEPOT INC 3,200,000.00 9/15/2025 899 -$ -$ -$ 3,200,000.00$ -$ -$ TOYOTA MOTOR CORP 3,000,000.00 10/16/2025 930 -$ -$ -$ 3,000,000.00$ -$ -$ VISA INC 2,500,000.00 12/14/2025 989 -$ -$ -$ 2,500,000.00$ -$ -$ PEPSICO INC 1,872,000.00 2/24/2026 1061 -$ -$ -$ 1,872,000.00$ -$ -$ CISCO SYSTEMS 3,500,000.00 2/28/2026 1065 -$ -$ -$ 3,500,000.00$ -$ -$ TARGET CORP 1,850,000.00 4/15/2026 1111 -$ -$ -$ -$ 1,850,000.00$ -$ TARGET CORP 1,901,000.00 4/15/2026 1111 -$ -$ -$ -$ 1,901,000.00$ -$ PACCAR FINANCIAL 3,000,000.00 5/11/2026 1137 -$ -$ -$ -$ 3,000,000.00$ -$ INTEL CORP 2,374,000.00 5/19/2026 1145 -$ -$ -$ -$ 2,374,000.00$ -$ WALMART INC 1,900,000.00 7/8/2026 1195 -$ -$ -$ -$ 1,900,000.00$ -$ CISCO SYSTEMS 1,150,000.00 9/20/2026 1269 -$ -$ -$ -$ 1,150,000.00$ -$ HONEYWELL INTERNATIONAL 1,185,000.00 11/1/2026 1311 -$ -$ -$ -$ 1,185,000.00$ -$ NIKE INC 1,035,000.00 11/1/2026 1311 -$ -$ -$ -$ 1,035,000.00$ -$ ILLINOIS TOOL WORKS INC 1,421,000.00 11/15/2026 1325 -$ -$ -$ -$ 1,421,000.00$ -$ ABBOTT LABORATORIES 1,000,000.00 11/30/2026 1340 -$ -$ -$ -$ 1,000,000.00$ -$ BANK OF AMERICA CORP 4,000,000.00 3/2/2027 1432 -$ -$ -$ -$ 4,000,000.00$ -$ CHARLES SCHWAB CORP 2,205,000.00 3/3/2027 1433 -$ -$ -$ -$ 2,205,000.00$ -$ PEPSICO INC 1,935,000.00 3/19/2027 1449 -$ -$ -$ -$ 1,935,000.00$ -$ COSTCO WHOLESALE CORP 3,200,000.00 5/18/2027 1509 -$ -$ -$ -$ -$ 3,200,000.00$ MERCK & CO INC 3,200,000.00 6/10/2027 1532 -$ -$ -$ -$ -$ 3,200,000.00$ CORPORATE NOTE 25,572,000.00$ 10,520,000.00$ 47,304,000.00$ 34,781,000.00$ 24,956,000.00$ 6,400,000.00$ FREDDIE MAC (FHLMC)2,000,000.00 6/19/2023 80 2,000,000.00$ -$ -$ -$ -$ -$ FED FARM CREDIT (FFCB)3,000,000.00 7/24/2023 115 3,000,000.00$ -$ -$ -$ -$ -$ Page 12 of 17 Page 78 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Today's Date:3/31/2023 Portfolio Maturity Distribution 0 - 182 Days 183 - 365 Days 366 - 730 Days 731 - 1095 Days 1096 - 1460 Days 1461 - 1825 Days Description PAR Maturity Days to Maturity Under 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years FED FARM CREDIT (FFCB)2,719,000.00 8/14/2023 136 2,719,000.00$ -$ -$ -$ -$ -$ FED FARM CREDIT (FFCB)3,500,000.00 10/12/2023 195 -$ 3,500,000.00$ -$ -$ -$ -$ FREDDIE MAC (FHLMC)3,000,000.00 10/16/2023 199 -$ 3,000,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)3,750,000.00 10/27/2023 210 -$ 3,750,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 11/9/2023 223 -$ 3,500,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 11/22/2023 236 -$ 3,500,000.00$ -$ -$ -$ -$ FED FARM CREDIT (FFCB)3,000,000.00 11/24/2023 238 -$ 3,000,000.00$ -$ -$ -$ -$ FED FARM CREDIT (FFCB)3,000,000.00 12/20/2023 264 -$ 3,000,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)4,000,000.00 1/26/2024 301 -$ 4,000,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)2,500,000.00 2/7/2024 313 -$ 2,500,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)2,500,000.00 2/23/2024 329 -$ 2,500,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)1,600,000.00 2/26/2024 332 -$ 1,600,000.00$ -$ -$ -$ -$ FED FARM CREDIT (FFCB)2,500,000.00 3/8/2024 343 -$ 2,500,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 3/28/2024 363 -$ 3,500,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)2,720,000.00 4/25/2024 391 -$ -$ 2,720,000.00$ -$ -$ -$ FREDDIE MAC (FHLMC)1,950,000.00 6/10/2024 437 -$ -$ 1,950,000.00$ -$ -$ -$ FANNIE MAE (FNMA)2,140,000.00 6/14/2024 441 -$ -$ 2,140,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)4,000,000.00 6/28/2024 455 -$ -$ 4,000,000.00$ -$ -$ -$ FED FARM CREDIT (FFCB)3,000,000.00 7/2/2024 459 -$ -$ 3,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)2,090,000.00 7/19/2024 476 -$ -$ 2,090,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,200,000.00 7/26/2024 483 -$ -$ 3,200,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)2,300,000.00 8/23/2024 511 -$ -$ 2,300,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 8/26/2024 514 -$ -$ 3,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)4,000,000.00 9/16/2024 535 -$ -$ 4,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 9/23/2024 542 -$ -$ 3,000,000.00$ -$ -$ -$ FARMER MAC (FAMCA)4,000,000.00 9/26/2024 545 -$ -$ 4,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,200,000.00 9/30/2024 549 -$ -$ 3,200,000.00$ -$ -$ -$ FED FARM CREDIT (FFCB)1,000,000.00 10/17/2024 566 -$ -$ 1,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 10/25/2024 574 -$ -$ 3,500,000.00$ -$ -$ -$ FED FARM CREDIT (FFCB)3,000,000.00 11/1/2024 581 -$ -$ 3,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)2,300,000.00 11/18/2024 598 -$ -$ 2,300,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)1,000,000.00 11/25/2024 605 -$ -$ 1,000,000.00$ -$ -$ -$ FED FARM CREDIT (FFCB)1,200,000.00 12/20/2024 630 -$ -$ 1,200,000.00$ -$ -$ -$ FED FARM CREDIT (FFCB)1,500,000.00 1/6/2025 647 -$ -$ 1,500,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 3/14/2025 714 -$ -$ 3,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 3/24/2025 724 -$ -$ 3,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 3/28/2025 728 -$ -$ 3,500,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)2,500,000.00 4/21/2025 752 -$ -$ -$ 2,500,000.00$ -$ -$ FED HOME LN BANK (FHLB)1,730,000.00 4/28/2025 759 -$ -$ -$ 1,730,000.00$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 5/23/2025 784 -$ -$ -$ 3,000,000.00$ -$ -$ FED HOME LN BANK (FHLB)2,500,000.00 6/13/2025 805 -$ -$ -$ 2,500,000.00$ -$ -$ FANNIE MAE (FNMA)4,000,000.00 6/17/2025 809 -$ -$ -$ 4,000,000.00$ -$ -$ FED FARM CREDIT (FFCB)3,000,000.00 6/23/2025 815 -$ -$ -$ 3,000,000.00$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 6/27/2025 819 -$ -$ -$ 3,500,000.00$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 6/30/2025 822 -$ -$ -$ 3,500,000.00$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 7/18/2025 840 -$ -$ -$ 3,500,000.00$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 7/25/2025 847 -$ -$ -$ 3,000,000.00$ -$ -$ FANNIE MAE (FNMA)4,000,000.00 8/25/2025 878 -$ -$ -$ 4,000,000.00$ -$ -$ FED HOME LN BANK (FHLB)4,000,000.00 8/29/2025 882 -$ -$ -$ 4,000,000.00$ -$ -$ FED HOME LN BANK (FHLB)4,000,000.00 9/12/2025 896 -$ -$ -$ 4,000,000.00$ -$ -$ FREDDIE MAC (FHLMC)4,000,000.00 9/24/2025 908 -$ -$ -$ 4,000,000.00$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 10/14/2025 928 -$ -$ -$ 3,500,000.00$ -$ -$ FED FARM CREDIT (FFCB)3,200,000.00 10/20/2025 934 -$ -$ -$ 3,200,000.00$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 10/29/2025 943 -$ -$ -$ 3,500,000.00$ -$ -$ FANNIE MAE (FNMA)3,500,000.00 11/7/2025 952 -$ -$ -$ 3,500,000.00$ -$ -$ FED FARM CREDIT (FFCB)2,030,000.00 11/17/2025 962 -$ -$ -$ 2,030,000.00$ -$ -$ FED FARM CREDIT (FFCB)3,500,000.00 1/27/2026 1033 -$ -$ -$ 3,500,000.00$ -$ -$ Page 13 of 17 Page 79 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Today's Date:3/31/2023 Portfolio Maturity Distribution 0 - 182 Days 183 - 365 Days 366 - 730 Days 731 - 1095 Days 1096 - 1460 Days 1461 - 1825 Days Description PAR Maturity Days to Maturity Under 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years FED FARM CREDIT (FFCB)3,500,000.00 3/10/2026 1075 -$ -$ -$ 3,500,000.00$ -$ -$ FED FARM CREDIT (FFCB)3,000,000.00 7/27/2026 1214 -$ -$ -$ -$ 3,000,000.00$ -$ FED FARM CREDIT (FFCB)1,666,000.00 8/24/2026 1242 -$ -$ -$ -$ 1,666,000.00$ -$ FED HOME LN BANK (FHLB)3,500,000.00 8/25/2026 1243 -$ -$ -$ -$ 3,500,000.00$ -$ FED FARM CREDIT (FFCB)1,000,000.00 9/28/2026 1277 -$ -$ -$ -$ 1,000,000.00$ -$ FED HOME LN BANK (FHLB)3,750,000.00 10/21/2026 1300 -$ -$ -$ -$ 3,750,000.00$ -$ FED HOME LN BANK (FHLB)2,600,000.00 11/23/2026 1333 -$ -$ -$ -$ 2,600,000.00$ -$ FED HOME LN BANK (FHLB)1,650,000.00 12/11/2026 1351 -$ -$ -$ -$ 1,650,000.00$ -$ FED FARM CREDIT (FFCB)3,500,000.00 9/15/2027 1629 -$ -$ -$ -$ -$ 3,500,000.00$ FED FARM CREDIT (FFCB)3,500,000.00 10/27/2027 1671 -$ -$ -$ -$ -$ 3,500,000.00$ FEDERAL AGENCY BOND/NOTE 7,719,000.00$ 39,850,000.00$ 61,600,000.00$ 68,960,000.00$ 17,166,000.00$ 7,000,000.00$ U.S. TREASURY NOTE 3,500,000.00 10/31/2023 214 -$ 3,500,000.00$ -$ -$ -$ -$ U.S. TREASURY NOTE 3,000,000.00 11/15/2023 229 -$ 3,000,000.00$ -$ -$ -$ -$ U.S. TREASURY NOTE 3,000,000.00 11/30/2023 244 -$ 3,000,000.00$ -$ -$ -$ -$ U.S. TREASURY NOTE 3,000,000.00 11/30/2024 610 -$ -$ 3,000,000.00$ -$ -$ -$ U.S. TREASURY NOTE 3,000,000.00 8/15/2025 868 -$ -$ -$ 3,000,000.00$ -$ -$ U.S. TREASURY NOTE 3,500,000.00 8/15/2026 1233 -$ -$ -$ -$ 3,500,000.00$ -$ U.S. TREASURY NOTE -$ 9,500,000.00$ 3,000,000.00$ 3,000,000.00$ 3,500,000.00$ -$ BAY AREA CA TOLL AUTH 2,500,000.00 4/1/2023 1 2,500,000.00$ -$ -$ -$ -$ -$ PORT OF OAKLAND 1,050,000.00 5/1/2023 31 1,050,000.00$ -$ -$ -$ -$ -$ UNIV OF CALIFORNIA 2,000,000.00 5/15/2023 45 2,000,000.00$ -$ -$ -$ -$ -$ CALIFORNIA HEALTH FACILITY FIN AUTH 1,000,000.00 6/1/2023 62 1,000,000.00$ -$ -$ -$ -$ -$ CITY OF ONTARIO CA 200,000.00 6/1/2023 62 200,000.00$ -$ -$ -$ -$ -$ SOUTHERN CA PUBLIC POWER AUTH 3,960,000.00 7/1/2023 92 3,960,000.00$ -$ -$ -$ -$ -$ GARDEN GROVE UNIFIED SD 245,000.00 8/1/2023 123 245,000.00$ -$ -$ -$ -$ -$ POWAY UNIFIED SCHOOL DIST 1,000,000.00 8/1/2023 123 1,000,000.00$ -$ -$ -$ -$ -$ COACHELLA VALLEY USD 555,000.00 8/1/2023 123 555,000.00$ -$ -$ -$ -$ -$ SAN RAFAEL ELEM SCH DIST 980,000.00 8/1/2023 123 980,000.00$ -$ -$ -$ -$ -$ WEST CONTRA COSTA USD 500,000.00 8/1/2023 123 500,000.00$ -$ -$ -$ -$ -$ POMONA PENSION OBLG 500,000.00 8/1/2023 123 500,000.00$ -$ -$ -$ -$ -$ STATE OF CALIFORNIA 2,500,000.00 10/1/2023 184 -$ 2,500,000.00$ -$ -$ -$ -$ STATE OF CALIFORNIA 4,000,000.00 10/1/2023 184 -$ 4,000,000.00$ -$ -$ -$ -$ CALIFORNIA STATE UNIVERSITY 400,000.00 11/1/2023 215 -$ 400,000.00$ -$ -$ -$ -$ BAKERSFIELD SCHOOL DISTRICT 335,000.00 11/1/2023 215 -$ 335,000.00$ -$ -$ -$ -$ STATE OF CALIFORNIA 3,000,000.00 4/1/2024 367 -$ -$ 3,000,000.00$ -$ -$ -$ CITY OF RIVERSIDE PENSN OBLG 250,000.00 6/1/2024 428 -$ -$ 250,000.00$ -$ -$ -$ CENTRAL UNIFIED SCHOOL DISTRICT 795,000.00 7/1/2024 458 -$ -$ 795,000.00$ -$ -$ -$ SAN RAFAEL ELEM SCH DIST 1,200,000.00 8/1/2024 489 -$ -$ 1,200,000.00$ -$ -$ -$ SANTA MONICA-MALIBU USD 250,000.00 8/1/2024 489 -$ -$ 250,000.00$ -$ -$ -$ GILROY UNIFIED SD 500,000.00 8/1/2024 489 -$ -$ 500,000.00$ -$ -$ -$ LONG BEACH CCD 1,315,000.00 8/1/2024 489 -$ -$ 1,315,000.00$ -$ -$ -$ COACHELLA VALLEY USD 365,000.00 8/1/2024 489 -$ -$ 365,000.00$ -$ -$ -$ SAN BERNARDINO CCD 700,000.00 8/1/2024 489 -$ -$ 700,000.00$ -$ -$ -$ SAN BERNARDINO CCD 1,000,000.00 8/1/2024 489 -$ -$ 1,000,000.00$ -$ -$ -$ SONOMA CNTY JR COLLEGE DIST 1,000,000.00 8/1/2024 489 -$ -$ 1,000,000.00$ -$ -$ -$ VAL VERDE UNIFIED SCH DIST 215,000.00 8/1/2024 489 -$ -$ 215,000.00$ -$ -$ -$ OAK GROVE SCHOOL DISTRICT 200,000.00 8/1/2024 489 -$ -$ 200,000.00$ -$ -$ -$ CARSON REDEV AGY TAB 600,000.00 8/1/2024 489 -$ -$ 600,000.00$ -$ -$ -$ SANTA MARIA JT UHSD 400,000.00 8/1/2024 489 -$ -$ 400,000.00$ -$ -$ -$ SANTA ANA CMNTY REDEV AGY 2,000,000.00 9/1/2024 520 -$ -$ 2,000,000.00$ -$ -$ -$ CALIFORNIA STATE UNIVERSITY 450,000.00 11/1/2024 581 -$ -$ 450,000.00$ -$ -$ -$ NATIONAL CITY PENSN OBLIG 300,000.00 11/1/2024 581 -$ -$ 300,000.00$ -$ -$ -$ STATE OF CONNECTICUT 1,700,000.00 1/15/2025 656 -$ -$ 1,700,000.00$ -$ -$ -$ STATE OF CALIFORNIA 750,000.00 3/1/2025 701 -$ -$ 750,000.00$ -$ -$ -$ SAN FRANCISCO CITY/CNTY PORT COMM 255,000.00 3/1/2025 701 -$ -$ 255,000.00$ -$ -$ -$ GARDENA PENSN OBLIG 250,000.00 4/1/2025 732 -$ -$ -$ 250,000.00$ -$ -$ PORT OF OAKLAND 1,030,000.00 5/1/2025 762 -$ -$ -$ 1,030,000.00$ -$ -$ Page 14 of 17 Page 80 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Today's Date:3/31/2023 Portfolio Maturity Distribution 0 - 182 Days 183 - 365 Days 366 - 730 Days 731 - 1095 Days 1096 - 1460 Days 1461 - 1825 Days Description PAR Maturity Days to Maturity Under 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years CA STWD CMNTY DEV TRANS 1,000,000.00 6/1/2025 793 -$ -$ -$ 1,000,000.00$ -$ -$ CITY OF ONTARIO CA POB 1,000,000.00 6/1/2025 793 -$ -$ -$ 1,000,000.00$ -$ -$ UNIV OF CALIFORNIA 1,600,000.00 7/1/2025 823 -$ -$ -$ 1,600,000.00$ -$ -$ SAN JOSE SUCCESSOR AGY 4,675,000.00 8/1/2025 854 -$ -$ -$ 4,675,000.00$ -$ -$ CITY OF SAN BERNARDINO USD 2,250,000.00 8/1/2025 854 -$ -$ -$ 2,250,000.00$ -$ -$ COLTON UNIFIED SD 2,475,000.00 8/1/2025 854 -$ -$ -$ 2,475,000.00$ -$ -$ CARPINTERIA UNIFIED SCH DIST 1,210,000.00 8/1/2025 854 -$ -$ -$ 1,210,000.00$ -$ -$ POMONA PENSION OBLG 1,675,000.00 8/1/2025 854 -$ -$ -$ 1,675,000.00$ -$ -$ SAN JOSE GEN OBLIG 2,275,000.00 9/1/2025 885 -$ -$ -$ 2,275,000.00$ -$ -$ STATE OF HAWAII 2,290,000.00 10/1/2025 915 -$ -$ -$ 2,290,000.00$ -$ -$ CALIFORNIA STATE UNIVERSITY 775,000.00 11/1/2025 946 -$ -$ -$ 775,000.00$ -$ -$ CALIFORNIA STATE UNIVERSITY 2,500,000.00 11/1/2025 946 -$ -$ -$ 2,500,000.00$ -$ -$ STATE OF CALIFORNIA 3,200,000.00 4/1/2026 1097 -$ -$ -$ -$ 3,200,000.00$ -$ SEQUOIA UHSD 2,050,000.00 7/1/2026 1188 -$ -$ -$ -$ 2,050,000.00$ -$ HUNTINGTON BEACH UHSD 3,510,000.00 8/1/2026 1219 -$ -$ -$ -$ 3,510,000.00$ -$ CITY OF LOS ANGELES 1,085,000.00 9/1/2026 1250 -$ -$ -$ -$ 1,085,000.00$ -$ STATE OF CONNECTICUT 3,000,000.00 9/15/2026 1264 -$ -$ -$ -$ 3,000,000.00$ -$ UNIV OF CALIFORNIA 1,340,000.00 5/15/2027 1506 -$ -$ -$ -$ -$ 1,340,000.00$ CITY OF RIVERSIDE PENSN OBLG 1,500,000.00 6/1/2027 1523 -$ -$ -$ -$ -$ 1,500,000.00$ SEQUOIA UHSD 2,150,000.00 7/1/2027 1553 -$ -$ -$ -$ -$ 2,150,000.00$ SADDLEBACK USD 1,805,000.00 8/1/2027 1584 -$ -$ -$ -$ -$ 1,805,000.00$ SAN DIEGO CCD 1,300,000.00 8/1/2027 1584 -$ -$ -$ -$ -$ 1,300,000.00$ MOUNTAIN VIEW-WHISMAN SD 970,000.00 9/1/2027 1615 -$ -$ -$ -$ -$ 970,000.00$ MUNICIPAL BOND 14,490,000.00$ 7,235,000.00$ 17,245,000.00$ 25,005,000.00$ 12,845,000.00$ 9,065,000.00$ INTL FINANCE CORP (IFC)1,900,000.00 6/24/2024 451 -$ -$ 1,900,000.00$ -$ -$ -$ INTERAMER DEV (IADB)3,000,000.00 9/23/2024 542 -$ -$ 3,000,000.00$ -$ -$ -$ INTL BK RECON & DEVELOP (IBRD)3,000,000.00 11/25/2024 605 -$ -$ 3,000,000.00$ -$ -$ -$ INTL BK RECON & DEVELOP (IBRD)3,500,000.00 7/29/2025 851 -$ -$ -$ 3,500,000.00$ -$ -$ INTERAMER DEV (IADB)3,000,000.00 6/2/2026 1159 -$ -$ -$ -$ 3,000,000.00$ -$ INTL FINANCE CORP (IFC)4,000,000.00 10/8/2026 1287 -$ -$ -$ -$ 4,000,000.00$ -$ SUPRANATIONAL -$ -$ 7,900,000.00$ 3,500,000.00$ 7,000,000.00$ -$ NEIGHBORHOOD NATIONAL BANK 4,267,121.43 8/17/2023 139 4,267,121.43$ -$ -$ -$ -$ -$ PLACEMENT SERVICE DEPOSITS 4,267,121.43$ -$ -$ -$ -$ -$ Total 55,530,121.43$ 71,810,000.00$ 149,472,000.00$ 136,985,000.00$ 65,467,000.00$ 22,714,000.00$ Note: Excludes Pooled Investments and Bank of New York Mellon Money Market Fund Grand Total 501,978,121.43$ Page 15 of 17 Page 81 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Corporate Bonds - Sector Distribution SecurityTypeDesc Maturity CUSIP YTM BNY Market Value GICS Sector NIKE INC 5/1/2023 654106AC7 2.09 1,197,300.00 Consumer Discretionary LOEWS CORP 5/15/2023 540424AQ1 1.74 1,489,875.00 Financials SIMON PROPERTY GROUP LP 6/1/2023 828807DD6 1.92 1,989,520.00 Real Estate JOHN DEERE CAPITAL CORP 6/7/2023 24422EUH0 1.72 1,993,160.00 Industrials CITIGROUP GLOBAL MARKETS 7/20/2023 17330PSX8 3.75 3,473,505.00 Financials BANK OF AMERICA CORP 7/24/2023 06053FAA7 0.74 1,249,553.30 Financials PNC BANK NA 7/25/2023 69349LAM0 0.89 2,508,814.75 Financials BANK OF NEW YORK MELLON CORP 8/16/2023 06406FAD5 0.84 2,965,530.00 Financials TOYOTA MOTOR CORP 8/25/2023 89236THA6 0.79 2,459,000.00 Consumer Discretionary GILEAD SCIENCES 9/1/2023 375558BL6 2.54 3,056,874.88 Health Care AMERICAN HONDA FINANCE 9/8/2023 02665WDM0 0.83 2,940,540.00 Consumer Discretionary CUMMINS INC 10/1/2023 231021AR7 2.22 3,482,500.00 Industrials CATERPILLAR FINL 12/7/2023 14913Q2S7 2.56 3,669,845.00 Industrials GEORGIA-PACIFIC 1/15/2024 373298CF3 2.42 326,963.20 Materials JOHN DEERE CAPITAL CORP 3/7/2024 24422EUX5 1.22 2,936,670.00 Industrials UNILEVER CAPITAL 5/5/2024 904764AX5 1.75 1,466,730.00 Consumer Staples UNILEVER CAPITAL 5/5/2024 904764AX5 1.79 1,955,640.00 Consumer Staples APPLE INC 5/6/2024 037833AS9 1.63 247,005.00 Information Technology APPLE INC 5/11/2024 037833CU2 1.69 638,833.00 Information Technology TEXAS INSTRUMENTS 5/15/2024 882508BB9 2.28 976,740.00 Information Technology BANK OF NEW YORK MELLON CORP 5/15/2024 06406HCV9 1.36 589,608.00 Financials IBM CORP 5/15/2024 459200JY8 0.60 2,943,570.00 Information Technology ASTRAZENECA FINANCE LLC 5/28/2024 04636NAC7 1.10 2,387,475.00 Health Care ONCOR ELECTRIC DELIVERY 6/1/2024 68233JBM5 1.08 463,139.25 Utilities HORMEL FOODS CORP 6/3/2024 440452AG5 1.19 2,849,370.00 Consumer Staples WALMART INC 7/8/2024 931142EL3 2.71 3,811,743.00 Consumer Discretionary SALESFORCE.COM INC 7/15/2024 79466LAG9 0.96 427,257.00 Information Technology UNITED HEALTH 8/15/2024 91324PDR0 0.58 2,904,300.00 Health Care EXXON MOBIL CO 8/16/2024 30231GBC5 0.65 965,310.00 Energy AMAZON.COM INC 8/22/2024 023135AZ9 1.88 220,885.62 Consumer Discretionary BURLINGTON NORTH SANTA FE 9/1/2024 12189LAT8 1.87 981,340.00 Industrials BURLINGTON NORTH SANTA FE 9/1/2024 12189LAT8 0.97 2,944,020.00 Industrials COCA-COLA CO 9/6/2024 191216CL2 0.95 3,107,424.00 Consumer Staples PAYPAL HOLDING 10/1/2024 70450YAC7 0.67 919,058.50 Information Technology BANK OF NEW YORK MELLON CORP 10/24/2024 06406RAL1 1.15 954,290.00 Financials CATERPILLAR FINL 11/8/2024 14913Q3B3 1.06 2,889,240.00 Industrials HERSHEY COMPANY 11/15/2024 427866BC1 1.87 653,345.62 Consumer Staples ADOBE SYSTEMS INC 2/1/2025 00724FAC5 3.11 2,541,854.40 Information Technology PACCAR FINANCIAL 2/6/2025 69371RQ66 0.66 949,930.00 Financials TOYOTA MOTOR CORP 2/13/2025 89236TGT6 1.03 950,710.00 Consumer Discretionary 3M COMPANY 2/14/2025 88579YBH3 1.44 2,380,050.00 Industrials WW GRAINGER INC 2/15/2025 384802AE4 0.70 550,953.60 Industrials JOHN DEERE CAPITAL CORP 3/13/2025 24422EUE7 1.08 1,228,837.50 Industrials INTEL CORP 3/25/2025 458140BP4 4.53 1,964,701.86 Information Technology AMAZON.COM INC 4/13/2025 023135CE4 2.99 2,922,510.00 Consumer Discretionary TARGET CORP 4/15/2025 87612EBL9 1.75 2,880,600.00 Consumer Discretionary APPLE INC 5/11/2025 037833DT4 1.12 1,060,889.31 Information Technology HONEYWELL INTERNATIONAL 6/1/2025 438516CB0 1.14 2,813,130.00 Industrials AMAZON.COM INC 6/3/2025 023135BQ8 1.19 1,560,405.76 Consumer Discretionary JP MORGAN CHASE 7/15/2025 46625HMN7 1.85 1,966,500.00 Financials PACCAR FINANCIAL 8/11/2025 69371RR99 4.37 2,245,375.00 Financials STATE STREET CORP 8/18/2025 857477AT0 3.09 1,541,360.00 Financials CUMMINS INC 9/1/2025 231021AU0 1.28 678,351.57 Industrials CUMMINS INC 9/1/2025 231021AU0 1.18 2,060,618.43 Industrials HOME DEPOT INC 9/15/2025 437076BK7 3.09 3,129,824.00 Consumer Discretionary TOYOTA MOTOR CORP 10/16/2025 89236THP3 1.42 2,733,630.00 Consumer Discretionary VISA INC 12/14/2025 92826CAD4 2.74 2,426,425.00 Financials PEPSICO INC 2/24/2026 713448DF2 4.34 1,810,224.00 Consumer Staples CISCO SYSTEMS 2/28/2026 17275RBC5 4.34 3,383,065.00 Information Technology TARGET CORP 4/15/2026 87612EBE5 4.39 1,774,520.00 Consumer Discretionary TARGET CORP 4/15/2026 87612EBE5 4.17 1,823,439.20 Consumer Discretionary PACCAR FINANCIAL 5/11/2026 69371RR32 4.40 2,709,540.00 Financials INTEL CORP 5/19/2026 458140AU4 1.34 2,253,353.32 Information Technology WALMART INC 7/8/2026 931142EM1 4.11 1,838,934.00 Consumer Discretionary CISCO SYSTEMS 9/20/2026 17275RBL5 4.07 1,084,611.00 Information Technology HONEYWELL INTERNATIONAL 11/1/2026 438516BL9 3.03 1,121,697.30 Industrials NIKE INC 11/1/2026 654106AF0 3.14 971,212.95 Consumer Discretionary ILLINOIS TOOL WORKS INC 11/15/2026 452308AX7 4.87 1,347,392.20 Industrials Page 16 of 17 Page 82 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda City of Chula Vista Corporate Bonds - Sector Distribution SecurityTypeDesc Maturity CUSIP YTM BNY Market Value GICS Sector ABBOTT LABORATORIES 11/30/2026 002824BF6 4.71 991,900.00 Health Care BANK OF AMERICA CORP 3/2/2027 06048WS84 2.75 3,659,960.00 Financials CHARLES SCHWAB CORP 3/3/2027 808513BY0 3.35 1,973,541.15 Financials PEPSICO INC 3/19/2027 713448ER5 3.14 1,827,530.10 Consumer Staples COSTCO WHOLESALE CORP 5/18/2027 22160KAM7 4.31 3,076,960.00 Consumer Discretionary MERCK & CO INC 6/10/2027 58933YBC8 3.18 2,905,152.00 Health Care Total 144,175,663.77 GICS Sector Amount Percent Information Technology 18,440,938.39 12.79% Financials 30,703,807.20 21.30% Real Estate 1,989,520.00 1.38% Consumer Discretionary 34,292,214.53 23.79% Industrials 31,077,805.60 21.56% Consumer Staples 13,670,263.72 9.48% Energy 965,310.00 0.67% Utilities 463,139.25 0.32% Materials 326,963.20 0.23% Communication Services 0.00 0.00% Health Care 12,245,701.88 8.49% Total 144,175,663.77 100.00% 12.79% 21.30% 1.38% 23.79% 21.56% 9.48% 0.67%0.32% 0.23%0.00%8.49% Corporate Bonds -Sector Distribution Information Technology Financials Real Estate Consumer Discretionary Industrials Consumer Staples Energy Utilities Materials Communication Services Health Care Page 17 of 17 Page 83 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Aoso yowro,/I,. cavo CHULA VISTA, CA 91910 Council Member Andrea Cardenas May 31, 2023 The purpose of this communication is to: A) Reveal the disastrous side effects the Tenant Protection Act" has on the Homeless, Elderly, and Chula Vista's Rental Community B) Outline a simple proposal for a revenue neutral means to correct the "Act's" inequities. For your convenience, this letter has also been E-mailed to you in PDF Form. To enable you confirm the accuracy of the facts contained herein, you will also find attached to your E-mail PDF copies of: A) Chapter 9.65 of the Chula Vista Municipal Code Ordinance 3527 (commonly known as the Tenant Protection Act") B) Administrative Regulations of the Tenant Protection Ordinance. In the PS section of this communication is the data supplied by City Staff as requested by the previous City Page 1 of 10 Page 84 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Council which was used to create The "Tenant Protection Act" If you take time to review of the facts contained herein, I am confident that you, along with your fellow Council Members, will adopt a plan to amend the "Tenant Protection Act" in order to mitigate the harmful side effects this ordinance has on those members of our community who can least afford. I am greatly discouraged by your lack of concern in this matter. As your constituent and a 68 year resident of Chula Vista, I respectfully insist that you communicate back thru the above E-mail or cell number that you have AT LEAST received and reviewed this info. Clauses Which Need Immediate Attention: Clause 9.65.060E states if a tenant terminates their lease and moves away, "Owners and Tenants shall provide City with information regarding termination of Tenancies at such time(s) and with such details as shall be required by city in the attendant Administration Regulations." Additionally, failure to comply or simple paperwork errors results in Tenants and/or Owners being subject 5,000.00 daily fines WITH NO OPPORTUNITY TO MAKE CORRECTIONS. (See Clause below) Page 2 of 10 Page 85 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Clause 9.65.08002 States: "Civil penalties for violations of this chapter may be assessed at a rate not to exceed $5,000 per violation per day. When a violation occurs it is not required that a warning or notice to cure must first be given before an administrative citation or civil penalty may be issued." I was informed by City Staff the problems created by the glitches and poor wording of the "Tenant Protection Act" would be addressed by the "Tenant Protection Ordinance Administrative Regulations" (A copy of which has been E- mail to you) . Unfortunately there are areas within the "Administrative Regulations" which directly contradict the "Tenant Protection Act". Those contradictions are addressed in page 3 section "C" of the "Administrative Regulations" which states: C. Governing Terms in the event of Conflict: To the extent of any conflict between these regulations and Chapter 9.65, the terms of Chapter 9.65 shall govern. " The above clause of the "Administrative Regulations" brings us back full circle forcing Owners and/or Tenants to adhere to all clauses of the "Tenant Protection Act" (poorly worded or not) . Page 3 of 10 Page 86 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Regarding $5,000.00 Fines For Inadvertent Errors: City Staff has communicated on many occasions it is not their intention to levy fines for inadvertent paper work errors. Two Points why that statement is simply NOT true: Point One: If staff truly had no desire to levy fines for inadvertent errors, Clause 9.65.080C2 would have been worded as... Civil penalties for violations of this chapter may be assessed at a rate not to exceed $5,000 per violation per day. When a violation occurs, a warning or notice to cure must first be given before an administrative citation or civil penalty may be issued." Instead, Staff purposely inserted the following five words underlined): Civil penalties for violations of this chapter may be assessed at a rate not to exceed $5,000 per violation per day. When a violation occurs it is not required that a warning or notice to cure must first be given before an administrative citation or civil penalty may be issued." City Staff maintains the reason The Ordinance does not exempt inadvertent errors and does not afford Owners and/or Tenants an opportunity for the "right to cure" is because it is difficult to differentiate errors from willful misconduct. Using that flawed logic, it would easier for the CVPD to Page 4 of 10 Page 87 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda write tickets for everyone driving down the road instead of only speeders. It is not the purpose of the "Tenant Protection Act" to make life easier for Staff. The purpose the "Tenant Protection Act" IS TO PROTECT TENANTS. Levying huge fines to be passed on to tenants not only does nothing to protect and improve the lives of Tenants but can financially devastate a large portion of our rental community. Informing Owners and/or Tenants who are in violation of The "Tenant Protection Act" and affording them the opportunity to correct their mistake creates a simple mechanism to separate conscientious Owners and/or Tenants from the "Bad Actors". Once separated, City Staff can then devote their attention to those "Bad Actors" who have ignored warnings and should be free to levy substantial fines if necessary. Point Two: On a related subject: Chula Vista residents of Mobile Home parks must pay the City a $12.00 annual fee if they want to receive Rent Protection from owners of Mobil Home Parks who raise space fees more than permitted by City Ordinance. Mobil Home Park residents are informed the 12.00 fee is used to pay staff for enforcing the ordinance. Page 5 of 10 Page 88 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda At a recent "Housing & Homeless Advisory Commission" meeting City Staff had informed the public The City is currently staffing up the Housing & Homeless Service Department by ten positions in order to enforce the Tenant Protection Act." Considering Chula Vista's policy of charging a fee in order to recoup funds required to pay staff to enforce Mobil Home Park ordinances, WE ARE BEING VERY NAIVE IN BELIEVING WELL MEANING PROPERTY OWNERS WOULD NOT FACE SUBSTANTIAL FINES (WHICH MUST BE PASSED ON TO TENANTS) IN ORDER TO FUND STAFF TIME FOR THE ENFORCEMENT OF THE TENANT PROTECTION ACT". In fact, the City Manager would be remiss if some funding mechanism was not created to support the staff enforcing this Ordinance. Under Current Wording, Financial Hardship For Tenants is Assured Even if No Fine is Immediately Levied: Ironically, staff does not have to actually fine Owners for Chula Vista renters to suffer financial hardship. The mere threat of $5,000.00 daily fines for Owners and/or Tenants who make inadvertent paperwork errors (without given an opportunity to correct said errors) is sufficient motive for prudent Owners to substantially raise rents in order to impound funds for possible future fines. Page 6 of 10 Page 89 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda In Closing: On a personal note: In my fifty years as a Chula Vista Property Owner and Landlord, I have consistently attempted to be a good steward of my responsibility to provide a beautiful comfortable home for tenants at a very reasonable rent. Many renters have been with Mary and I for 10, 20, even 30 years. When calculating rents, Mary & I annually evaluate the expenses of each property and adjust rents accordingly. Effective January 1, 2023 an increase of expenses forced a modest $25.00 monthly rent increase on a few tenants. Fortunately rent for most tenants remained unchanged. Ironically one tenant actually had their rent reduced by 25.00. With the passage of this ordinance authorizing fines for simple paperwork errors the situation has changed dramatically. We were forced to adjust some rents by as much a $220.00. In my half century of providing Landlord services to our community, I HAVE NEVER seen an action taken by the Chula Vista City Council more financially devastating to the renters of our community than "The Tenant Protection Act". If you doubt the hardship this Act has placed on our community, call me. I will provide you with Pam's phone number. Pam is an elderly Chula Vista resident who has Page 7 of 10 Page 90 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda been our tenant for almost twelve years. She will explain how this massive rent increase you have forced upon her has effected her life. Additionally, I am greatly encouraged by the steps The City Council has taken to assist the homeless of our community with the introduction the Homeless Bridge Shelter near Main Street. May I suggest that you may have a much greater chance of success in providing long term affordable housing for the homeless if you modify the current language of the "Tenant Protection Act" which, as written, forces Owners to substantially rise rents. Thank You and please let me know how I may be of assistance to improve this situation. eFph -6 qlaao Page 8 of 10 Page 91 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda PS: Documentation of the above information: 1) Chula Vista Population: 283,972 Chula Vista - U.S. Census Bureau QuickFacts) 2) Average number of individuals in each household: 3.31 (Chula .Vista - U.S. Census Bureau QuickFacts) 3) Percentage Chula Vista housing which are rentals. 42% (Data compiled by City Staff ) 4) Number of Chula Vista Rental Units: 36,033 Population of Chula Vista (283,072) divided by the average number of people residing in each Residence (3.31) equals 85,792 multiplied the percentage of residences which are rentals (42%) equals the approximate number of Chula Vista rental units. (36,033) 5) Approximate number of Chula Vista renters: 119,268 (CV Population 283,972 x.42%) 6) Approximate Average Monthly Chula Vista Rent: $3,047.00 (See attached CV Staff provided "Relocation Assistance" Pic - Average of Line 2nd from bottom) 7) With no right to cure, amount of daily fine levied if Landlord or Tenant inadvertently makes a paperwork error when Tenant terminates lease and moves: $5,000.00 (Clauses 9.65.060 E and 9.65.080 C2 of Residential Landlord and Tenant Ordinance ") 8) Maxim average monthly rent increase allowed .. $304.70 ($3047.00 x 10%. California AB -1482 5% plus inflation Max 10%) 9) Average number of months required for Landlord to recoup a one day fine: 16.41 ($5000.00 divided by $304.70) 10) Approximate total monthly maximum rent increase levied on Chula Vista Renters if Landlords are forced to impound funds to the pay daily fines.. $10,979,255.00 (36,033 Rental Units multiplied by $304.70) Page 9 of 10 Page 92 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda U.S. Department --- p rtment of Housing and Urban Development SmallAreaFairMarketRent (April 2022) 081111100 Efficient 1 2 Y Bedroom Bedroom 3 Bedroom a - Bedroom; 51,350 52,040 521620 S3,640 54.450.... 1,430 1,Sgo 2,030 52,820 53,450.-r- 51,440 51,60.^, 2,050 S2,s50 53.490 2,110. 2,340 3,000 54,170 5,100 52.360 S2,&10 53,350 54.650 55,;00 2,360 2,610 3,350 54,650 55,700'= 51.92: 52, lin 5;.%33 53,797 4,648,- 51,628 51.502 2,311 53,210 5,,_2` Exhibit -2 Comparison of Survey Data vs, MFMR sow _ — -- - - - -- — M-.70 ---- — Simo 3 sz= -$1.4(3 izmu - As Conclusion Drawn From Facts 1 thru 10 above: With rents at an all time high, Credit Card debt at historic levels, and savings at an all time low, pushing a $10,979,255.00 monthly rent increase on the Chula Vista residents who can least afford will be devastating. If less than one half of one percent of Chula Vista renters are "Pushed Over The Edge" and are forced to live on the streets, almost 600 of our neighbors will be left homeless. (119,268 times .005 equals 594) Page 10 of 10 Page 93 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda v . 0 03 P a g e | 1 June 6, 2023 ITEM TITLE Charter Review Commission: Presentation by the Charter Review Commission to City Council Regarding the Ranked Choice Voting Concept Report Number: 23-0124 Location: No specific geographic location. Department: City Attorney Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. Recommended Action Hear the presentation and provide feedback to the Charter Review Commission. SUMMARY The Charter Review Commission has been discussing the prospect of using ranked choice voting in future local elections, which would require a City Charter amendment. The Charter Review Commission seeks feedback and direction from the City Council as to its interest in such concept. ENVIRONMENTAL REVIEW The Director of Development Services has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and has determined that the activity is not a “Project” as defined under Section 15378 of the State CEQA Guidelines because it will not result in a physical change in the environment; therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines, the activity is not subject to CEQA. Thus, no environmental review is required. BOARD/COMMISSION/COMMITTEE RECOMMENDATION Hear the presentation and provide feedback on the concept of ranked choice voting. Page 94 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 2 DISCUSSION The Charter Review Commission (“CRC”) is an advisory body that serves as a resource to advise and make recommendations to the City Council and the City Manager on issues affecting the provisions of the City Charter. The CRC reviews the framework of the City and recommends changes to the Charter to clarify and improve the workings of the City’s government. The City Council ultimately then determines whether to place any recommended Charter amendments on the ballot. The functions and duties of the CRC, in accordance with Chula Vista Municipal Code section 2.29.030, are as follows: A. Constitute a forum for City-wide discussions, research and analysis of matters relating to current or proposed provisions of the City Charter, and amendments thereto. B. Help coordinate citizen and staff ideas with regard to potential Charter changes. C. Formulate specific language for proposed Charter changes to be submitted to the City Council in a form appropriate for placement on the ballot at an election wherein the proposed Charter changes can be submitted to the electorate. D. Provide analyses and reports to the City Council in connection with said recommendations. E. Prepare and submit proposed ballot arguments in favor of or against proposed Charter changes. F. To participate in the selection and nomination of members of the Board of Ethics, in accordance with CVMC 2.25.050, and to carry out the duties specified in Chula Vista Charter Section 300.5 with respect to the selection of Commission members for the Districting Commission. In accordance with these functions and duties, the CRC has been discussing, amongst other issues of interest, the concept of moving to ranked choice voting in future local elections. As ranked choice voting can mean different things and has both advantages and disadvantages, the CRC anticipates that more research and discussion would be necessary prior to formulating any potential recommended Charter amendments. At this time, the Charter Review Commission wishes to obtain City Council feedback and direction on whether to continue pursuing this potential Charter change. DECISION-MAKER CONFLICT Staff has reviewed the decision contemplated by this action and has determined that it is not site-specific and consequently, the 500-foot rule found in California Code of Regulations Title 2, section 18702.2(a)(11), is not applicable to this decision for purposes of determining a disqualifying real property-related financial conflict of interest under the Political Reform Act (Cal. Gov't Code § 87100, et seq.). Staff is not independently aware, and has not been informed by any City Council member, of any other fact that may constitute a basis for a decision maker conflict of interest in this matter. CURRENT-YEAR FISCAL IMPACT There is no current-year fiscal impact. Page 95 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 3 ONGOING FISCAL IMPACT There is no ongoing fiscal impact. If the City Council should decide to recommend a Charter amendment related to ranked choice voting at a future date, staff will provide estimates regarding the costs of a measure to amend the City Charter and any potential ongoing future fiscal impacts of such a measure. ATTACHMENTS 1. Letter from the Charter Review Commission Staff Contact: Megan McClurg; Kerry Bigelow Page 96 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda June 6, 2023 Honorable Mayor and Councilmembers: I write on behalf of the Chula Vista Charter Review Commission. Upon request of various councilmembers, the commission has been examining alternative voting systems, including ranked choice voting. While the commission believes that ranked choice voting is the best of the alternatives, it is not a perfect system. The primary benefit of ranked choice voting is that the candidate who ultimately wins is likely to be accepted by voters on both sides of the political spectrum. This benefit has been seen in jurisdictions in which ranked choice voting is being used. On the other hand, the time that it takes to compute and, when necessary, re-compute the votes could cause some to not have confidence in the validity of the results. The most objective negative aspect of ranked choice voting is the cost of implementing a new voting system, including the registrar of voters’ cost of modifying the vote counting computers and the much greater cost of educating the public about ranked choice voting and how to complete a ballot. Savings could be eventually realized when use of ranked choice voting results in not needing to have a run-off election for city offices. The City of San Diego is considering implementing ranked choice voting. As such, implementation costs could be shared, especially if other public entities in the county decided to utilize a ranked choice voting system. In other words, the commission would recommend not implementing a new voting system until San Diego did so, though the commission could provide a recommended charter amendment in the meantime to allow for ranked choice voting subject to that provision being implemented by ordinance. We look forward to receiving guidance from City Council as to how the commission should proceed with respect to potential adoption of a ranked choice voting system. Yours very truly, Jan Buddingh, Jr. Charter Review Commission Vice Chair Page 97 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda v . 0 03 P a g e | 1 June 6, 2023 ITEM TITLE Eucalyptus Park: Approve the Park Master Plan for Renovation of Eucalyptus Park and Reallocate American Rescue Plan Act Funds to Capital Improvement Project PRK0340 (Eucalyptus Park) for Related Construction Costs Report Number: 23-0070 Location: 436 C Street Department: Development Services Environmental Notice: The Project qualifies for a Categorical Exemption pursuant to the California Environmental Quality Act (“CEQA”) State Guidelines Section 15301 Class 1 (Existing Facilities), Section 15303 class 3 (New Construction or Conversion of Small Structures), and Se ction 15304 Class 4 (Minor Alterations to Land). Recommended Action Adopt a resolution approving the Park Master Plan for renovation of Eucalyptus Park and reallocating American Rescue Plan Act (“ARPA”) funds to augment previously appropriated grant funds. (4/5 Vote Required) SUMMARY Eucalyptus Park is an existing 19.69-acre community park serving the northwestern area of Chula Vista. The City successfully pursued $7,140,000 in grant funds available pursuant to the California Drought, Water, Parks, Climate, Coastal Protection, and Outdoor Access for All of 2018 Parks Bond Act, Statewide Park Development and Community Revitalization Program (the “Statewide Parks Program”) to enhance and renovate the park. The proposed action approves a Park Master Plan for renovation of Eucalyptus Park estimated to cost approximately $8.7 million and reallocates approximately $3.5 million in previously appropriated ARPA monies to fund the Master Plan scope. ENVIRONMENTAL REVIEW The Director of Development Services has reviewed the proposed project for compliance with CEQA and has determined that the project qualifies for a Categorical Exemption pursuant to State CEQA Guidelines Section Page 98 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 2 15301 Class 1 (Existing Facilities), Section 15303 class 3 (New Construction or Conversion of Small Structures), and Section 15304 Class 4 (Minor Alterations to Land) because the proposed actions would not result in a significant effect on the environment, create a cumulative impact, damage a scenic highway, or cause a substantial adverse change in the significance of a historical resource. Thus, no further environmental review is required. BOARD/COMMISSION/COMMITTEE RECOMMENDATION On April 25, 2023, the Parks and Recreation Commission voted to recommend approval of the Park Master Plan for the renovation of Eucalyptus Park by a vote of 5-0. DISCUSSION Background Eucalyptus Park was the first park built within the City of Chula Vista , opening to the public in 1927. It is a 19.69-acre community park which serves the northwestern area of Chula Vista and is heavily utilized by the community. Renovating Eucalyptus Park will provide the community with expanded recreation offerings and enhanced amenities. Grant Funding In March 2021, the City submitted a grant application for the Statewide Parks Program Round 4, requesting funding for the renovation of Eucalyptus Park. The City was successful, and on February 2, 2022, the City entered into Grant Contract SW-37-015 for a not to exceed amount of $7,140,000 for the design, pre- construction services, and construction of a portion of Eucalyptus Park. As part of the grant application $750,000 of the allocated funds were designated to fund a portion of the tenant improvements for Casa Casillas, which is located along Fourth Ave, adjacent to the park site. On May 3, 2022, the City established the Eucalyptus Park CIP (PRK0340) and appropriated Statewide Parks Program grant funds in the amount of $6,390,000 to the project. In accordance with the terms of the grant, the renovated park shall be open to the public no later than March 2025. Scope of Work The Eucalyptus Park Master Plan developed and identified the locations of focal recreation features as outlined per the grant’s scope of work. These features include the construction of a multi-purpose field with lighting, interactive water feature, skate/scooter plaza, bike skills park, perimeter walking path with fitness equipment, and pickleball courts with lighting. The grant scope of work also identified renovations work for existing features, including the playground, dog park, parking lot, lighting and fencing around the park. Design Consultant On August 26, 2022, the City of Chula Vista issued a Request for Proposal s (“RFP”) from qualified design teams to develop the master plan, park design, 100% construction documents, specifications and construction administration based on the conceptual plan included within the awarded grant application for Eucalyptus Park. A total of 9 design firms responded to the RFP and the City of Chula Vista selected and entered into an agreement with KTUA on October 25, 2022, to provide design, pre -construction, and Page 99 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 3 construction administration for the Eucalyptus Park renovations. Construction of the park renovations will be completed under a separate solicitation and contract. Community Engagement In November of 2020, City staff held three virtual public community meetings to understand the community’s vision for the park. An overview map of the project site was presented, and there was a discussion regarding the current park features and site conditions to be aware of. City staff also asked the participants to provide what they felt were necessary features to be added to the park. City staff identified the features that garnered the most input and interest and included those within the grant application. On January 19, 2023, City staff and KTUA hosted a community workshop at Feaster Charter School to update the community on the status of the renovation work for Eucalyptus Park. KTUA presented a park program plan which highlighted existing features to be enhanced (stormwater channel, parking lot, and dog park improvements), accessibility upgrades (connection to Menzel field and perimeter walking path with fitness equipment), and the addition and/or renovation of active play amenities (playground equipment, interactive water feature, skate/scooter plaza, bike skills park, artificial turf multi-purpose field, and lit pickleball courts). After the presentation, KTUA provided an in-person survey, as well as an online survey to generate feedback regarding the proposed park program. The project survey highlighted the park amenities based on the grant scope of work and encouraged the public to rate the features and amenities that were most important to them. Ninety-four surveys were returned and KTUA analyzed the data and put it into a visual presentation form. A second community workshop was hosted by City staff and KTUA on March 23, 2023, at Feaster Charter School. The goal of the second workshop was to present the master plan concept from the grant scope of work and results from the survey data. Before presenting the Master Plan, KTUA provided a brief overview to the community regarding the results of the survey data which highlighted the community’s top 3-5 amenities desired for the dog park, skate/scooter plaza, bike skills course and playground renovations. The proposed park design theme honors the existing Eucalyptus trees as well as Monarch butterflies, as Eucalyptus Park is an overwintering site for Monarch butterflies. The community provided overall positive feedback and expressed their excitement for the proposed park renovations. Master Plan Design Concept The Master Plan has been designed to activate the entire park site by offering new amenities in underdeveloped areas of the park. City Staff and KTUA wanted to create movement throughout the park while grouping relatable activities near one another. (See Attachment 2) The design of the park site includes the addition of the following elements: • Multipurpose field with lighting • Interactive water feature (splash pad) • Skate/ scooter plaza • Bike skills plaza • Walking path throughout the park with fitness equipment nodes • Pickleball courts with lighting • ADA ramp/ access from lower field to upper fields (Menzel field) • Renovation to existing lower parking • Renovation to the existing playground Page 100 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 4 • Dog park(s) reconfiguration • Enhancements to the existing perimeter fencing (Park signage at the corner of Fourth Ave & C Street) • Bio-retention basins within existing swale/ drainage corridor (more natural aesthetics) • Connectivity throughout the entire park • New access point along Fourth Avenue Funding for Eucalyptus Park Renovation KTUA estimates the total cost to construct the Park Master Plan for renovation of Eucalyptus Park at $8,722,558. Of this amount, $5.2 million will be funded by the previously described Statewide Park Program grant, leaving a funding shortfall of $3,522,558, as summarized in Table 1 below. Reallocating previously appropriated ARPA funds in an equal amount to fully fund the Master Plan is recommended. Table 1 – Budget and Funding Sources Description Amount Parks Program Grant Funds Awarded $ 7,140,000 Less Casa Casillas Funds (750,000) Less Project Design & Other Pre-Construction Expenses (1,190,000) Grant Funds Available for Construction $ 5,200,000 Construction Cost Estimate 8,722,558 Less Grant Funds Available for Construction (5,200,000) Proposed ARPA Fund Reallocation $ 3,522,558 On May 10, 2021, the U.S. Department of the Treasury announced the launch of the Coronavirus State and Local Fiscal Recovery Funds, established by the American Rescue Plan Act of 2021, to provide $350 billion in emergency funding for eligible state, local, territorial, and Tribal governments. The Coronavirus State and Local Fiscal Recovery Funds provide substantial flexibility for each jurisdiction to meet local needs— including support for households, small businesses, impacted industries, essential workers , and the communities hardest-hit by the crisis. The City received a total of $57.5 million, which was appropriated by the City Council with the initial plan presented on August 24, 2021 and the Fiscal Year 2023-24 adopted budget. This action proposes to reallocate $3,522,558 in previously appropriated ARPA funds towards the Eucalyptus Park renovation by amending the Spending Plan to reallocate $3,522,558 from the Revenue Recovery Category to the Negative Economic Impacts Category, as detailed in Table 2 below. Page 101 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 5 Table 2 – ARPA Spending Plan Construction costs will be further refined during the construction bidding process. Should the project funds be insufficient to complete the full Master Plan scope, value engineering may be employed by staff to keep the project within budget. DECISION-MAKER CONFLICT Staff has reviewed the property holdings of the City Council members and has found that, Mayor John McCann has real property holdings within 1,000 feet, but beyond 500 feet, of the boundaries of the property which is the subject of this action. Staff has determined that the decision would change the parcel’s development potential, income-producing potential, highest and best use, character, and/or market value. Consequently, pursuant to California Code of Regulations Title 2, sections 18700 and 18702.2(a)(8), this item presents a disqualifying real property-related financial conflict of interest under the Political Reform Act (Cal. Gov't Code § 87100, et seq.) for the above-identified member. Staff is not independently aware, and has not been informed by any City Council member, of any other fact that may constitute a basis for a decision-maker conflict of interest in this matter. CURRENT-YEAR FISCAL IMPACT Approving a resolution adopting the Eucalyptus Park Master Plan and reallocating ARPA Funds has no net fiscal impact in the current-year. Page 102 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 6 Approval of the resolution reallocates $3,522,558 in previously appropriated ARPA funds from the Revenue Recovery category to the Negative Economic Impacts category and increasing the Eucalyptus Park CIP (PRK0340). Grant funds totaling $6,390,000 were previously appropriated to the project. Final construction costs are not yet known. Should the project funds be insufficient to complete the full Master Plan scope, value engineering may be employed by staff to keep the project within budget. ONGOING FISCAL IMPACT Upon completion of the proposed improvements, the City will incur park operation and maintenance costs. As an existing park, the operation and maintenance of the existing amenities are included in the current Public Works Department budget. The City will incur incremental additional operation and maintenance costs associated with new park amenities (e.g., interactive water feature). Funds to provide this additional maintenance will be included in future operating budgets. ATTACHMENTS 1. Project Location Map 2. Park Master Plan Staff Contact: Bethany McDonnell, Landscape Architect Laura C. Black, AICP, Director of Development Services Page 103 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Form Rev 3/6/2023 RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA (1) APPROVING THE PARK MASTER PLAN FOR THE RENOVATION OF EUCALYPTUS PARK; (2) APPROVING A TENTH AMENDMENT TO THE AMERICAN RESCUE PLAN ACT SPENDING PLAN; AND (3) REALLOCATING FUNDS AND AMENDING THE AMERICAN RESCUE PLAN ACT BUDGET THEREFOR WHEREAS, Eucalyptus Park is a 19.69-acre community park located at 436 C Street, stretching along C Street between Fourth and Fifth Avenue; and WHEREAS, the City of Chula Vista (“City”) applied to the California Department of Parks and Recreation for grant funds available pursuant to the California Drought, Water, Parks, Climate, Coastal Protection, and Outdoor Access for All of 2018 Parks Bond Act, Statewide Park Development and Community Revitalization Program (the “Statewide Parks Program”) to improve Eucalyptus Park; and WHEREAS, on February 22, 2022, the City entered into Grant Contract SW-37-015 for the Eucalyptus Park improvements; and WHEREAS, City Council Resolution No. 2022-100 amended the Fiscal Year 2021-22 CIP budget to establish a new capital improvement project, Eucalyptus Park (PRK0340), and appropriated $6,390,000 in Statewide Parks Program grant funds to same; and WHEREAS, on August 26, 2022, the City issued a Request for Proposals (“RFP”) from qualified design teams to develop the master plan, park design, 100% construction documents, specifications and construction administration based on the conceptual plan included within the awarded grant application for Eucalyptus Park; and WHEREAS, on October 25, 2022, the City selected and entered into an agreement with the design firm KTUA to provide design, pre-construction, and construction administration for the Eucalyptus Park renovations; and WHEREAS, Construction of the park renovations will be completed under a separate solicitation and contract; and WHEREAS, the design and 100% Construction Documents will be managed and approved by the City in accordance with the objectives contained within the Parks and Facilities Guidelines, Landscape Water Conservation Ordinance, Landscape Manual, as well as, the City’s Construction Standards; and Page 104 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Resolution No. Page 2 WHEREAS, following an extensive community engagement process, KTUA developed a Park Master Plan for Eucalyptus Park renovations that activate the entire park site (the “Eucalyptus Park Master Plan”); and WHEREAS, the Parks and Recreation Commission recommended approval of the Eucalyptus Park Master Plan at its meeting on April 25, 2023, by a vote of 5-0; and WHEREAS, KTUA estimates the total cost to construct the Eucalyptus Park Master Plan at $8,722,558, resulting in a funding shortfall of $3,522,558 after application of the $6,390,000 in Statewide Parks Program grant funds; and WHEREAS, on May 10, 2021, the U.S. Department of the Treasury announced the launch of the Coronavirus State and Local Fiscal Recovery Funds, established by the American Rescue Plan Act of 2021 (“ARPA”), to provide $350 billion in emergency funding for eligible state, local, territorial, and Tribal governments; and WHEREAS, ARPA was intended to provide support to local governments in responding to the impact of COVID-19 and in their efforts to contain COVID-19 in their communities, residents, and businesses; and WHEREAS, ARPA includes State and Local Fiscal Recovery Funds to support urgent COVID response efforts to decrease the spread of the virus, replace lost public sector revenue to strengthen support for vital public services, support immediate economic stabilization for households and businesses, and address systemic public health and economic challenges that have contributed to inequal impacts of the pandemic on certain populations; and WHEREAS, the Coronavirus State and Local Fiscal Recovery Funds provide substantial flexibility for each jurisdiction to meet local needs—including support for households, small businesses, impacted industries, essential workers, and the communities hardest-hit by the crisis; and WHEREAS, the City of Chula Vista received $57,535,250 in two tranches with $28,767,625 provided in May 2021 and the remaining $28,767,625 received twelve months later; and WHEREAS, staff recommends the reallocation of $3,522,558 in previously appropriated ARPA funds towards the Eucalyptus Park renovation and amending the American Rescue Act Spending Plan accordingly, by reallocating $3,522,558 from the Revenue Recovery Category to the Negative Economic Impacts Category; and WHEREAS, the Director of Development Services has reviewed the proposed project for compliance with the California Environmental Quality Act (“CEQA”) and has determined that the project qualifies for a Categorical Exemption pursuant to State CEQA Guidelines Section 15301 Class 1 (Existing Facilities), Section 15303 class 3 (New Construction or Conversion of Small Structures), and Section 15304 Class 4 (Minor Alterations to Land) because the proposed actions would not result in a significant effect on the environment, create a cumulative impact, damage a Page 105 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Resolution No. Page 3 scenic highway, or cause a substantial adverse change in the significance of a historical resource. Thus, no further environmental review is required. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it approves the Park Master Plan for the renovation of Eucalyptus Park. BE IT FURTHER RESOLVED by the City Council of the City of Chula Vista that it amends The American Rescue Plan Act Spending Plan and reallocates funds within the American Rescue Plan Act 2021 Fund (Fund 268), increases CIP appropriations (PRK0340), and amends the Revenue Recovery and Negative Economic Impact category budgets as follows: Revenue Recovery: Governmental Funds ($3,522,558) Negative Economic Impacts: Eucalyptus Park (PRK0340) $3,522,558 Presented by Approved as to form By: Laura C. Black, AICP Jill D.S. Maland Director of Development Services Lounsbery Ferguson Altona & Peak Acting City Attorney Page 106 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda D S T E S T C S T FI FTH AVF L O W E R S T FOURTH AVBROADWAYGARRETT AVTHI RD AVD A V ID S O N S T THIRD EXT AV M C IN T O S H S T T R O U S D A L E D R C A S S E L M A N S TN FI FTH AVN SECOND AVS E A V A L E S T PROJECT LOCATION NORTH JJ:\Planning\Public Notices\PSP\PSP22-0003.pdf PROJECT DESCRIPTION: PROJECT ADDRESS:436 C Street PROJECT APPLICANT: LOCATOR EUCALYPTUS COMMUNITY PARK LOCATION MAP City of Chula Vista C H U L A V ISTA D E V EL O P M EN T SER V IC E S D EPA RT M E N T NORTH SR - 54 - F R E E W A Y National Cit y City of C h ul a Vi st a Page 107 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations | City Council Presentation - 6/6/2023 Park Master Plan N02550100 LEGEND: PARK MASTER PLAN Bike Park1 Skate Park2 Small Dog Park3 Large Dog Park4 Stormwater Channel & Basins5 Pickleball Courts (4)6 Additional Parking Lot (13 New Spaces)7 ADA Ramp8 Perimeter Trail9 Fitness Equipment10 Showers & Changing Station11 Interactive Water Feature12 Lit Artificial Turf Field (7vs7 165’x105’)13 New Playground & Surfacing14 Improved Channel Fencing15 Park Monument Sign16 1 2 3 6 45 7 138 1211 14 10 5 9 9 Stormwater Channel Apartments Path Connection To 4th Avenue American Legion Post 434 (Not Part of Grant) Menzel Field (Not Part of Grant) Existing Ball Field (To Remain) Casa Casillas Existing Tennis Courts (To Remain) Existing Basketball Court (To Remain) Existing Picnic Area (To Remain) Apartments C Street 5th Avenue4th Avenue15 15 16 Page 108 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations City Council Item 7.1 June 6,2023 Page 109 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Project Location PROJECT LOCATION Page 110 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Project Timeline PROJECT TIMELINE GRANT APPLICATION MARCH,2021WORKSHOP 4 FEBRUARY4,2021PARK MASTER PLAN JUNE6,2023COMPLETE PARK CONSTRUCTION MARCH,2025GRANT CONTRACT EXECUTION FEBRUARY,2022WORKSHOP 5 FEBRUARY6,2021PARKS & REC COMMISSION APRIL 27,2023FINAL CONSTRUCTION DRAWINGS DECEMBER3,2023NOVEMBER,2020WORKSHOPS 1-3 WORKSHOPS 6 -7 FIRST QUARTER,2023Page 111 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Community Meeting #1 SurveyPage 112 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Community Meeting Summary 95 48 SurveyResponsesWorkshop ParticipantsPage 113 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 1 MILE OR LESS 1-3 MILES OVER 3 MILES 48 %66% ONCE PER WEEK A FEW TIMES PER MONTH NEVER A FEW TIMES PER YEAR 48% How often do you visit Eucalyptus Park? DAILY /ALMOST DAILY Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Community Meeting #1 Survey -Questions #2,#3 &#4 Questions #2-#4: How far away from Eucalyptus Park do you live? How do you travel to Eucalyptus Park? Page 114 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 0 50 40 30 20 10 0 -4 5 -12 13-18 19-45 46-64 65+ Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Community Meeting #1 Survey -Question #5 Question #5: What are the ages of the individuals in your household who visit the park? Page 115 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Community Meeting #1 Survey -Question #6 Question #6: What are the top three amenities that you use in Eucalyptus Park? 60 50 40 30 20 10 0 Page 116 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Community Meeting #1 Survey -Question #7 Question #7: What are your top three concerns with the existing elements and design of Eucalyptus Park? 100 80 60 40 20 0 Page 117 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 20 30 40 WALKING PATH &FITNESS EQUIPMENT BIKE SKILLS COURSE PLAYGROUND EQUIPMENT INTERACTIVE WATER FEATURE PICKLEBALL COURTS DOG PARK IMPROVEMENTS SKATE/SCOOTER PLAZA ARTIFICIAL TURF FIELD ADDITIONAL PARKING 0 10 Eucalyptus Park Renovations |City Council Presentation -6/6/2023 50 60 Community Meeting #1 Survey -Question #9 Question #9: What are the top three amenities you would like to see in Eucalyptus Park? Page 118 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda NO PREFERENCE TENNIS PICKLEBALL 50% HISPANIC CULTURE MONARCH BUTTERFLY EUCALYPTUS 45% COLORFUL PLAYGROUND URBAN PLAZA NATURALISTIC 47% Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Community Meeting #1 Survey -Questions #11,#12 &#13 Questions #11-#13: Do you prefer Tennis or Pickleball? Which design theme would you prefer for the park? Which design scheme would you prefer for the interactive water feature? Page 119 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 40 50 60 70 80 SHADE FENCING &ENTRY GATES DOG WATER FOUNTAINS TABLES &BENCHES REAL TURF DECOMPOSED GRANITE SURFACING ARTIFICIAL TURF BARK MULCHSURFACING DOG TOYS 0 10 20 30 Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Community Meeting #1 Survey -Question #14 Question #14: What are the top three amenities you would like to see in the Dog Park? (1)Shade &Benches (2)Fencing &Entry Gates (2)Fencing &Entry Gates (3)Dog Water Fountains Decomposed Granite Surfacing Page 120 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 30 40 50 CUSTOM ‘LANDMARK’FEATURE HALFPIPE BOWLRAILS,LEDGES &STAIRS COMBOQUARTERPIPE GAP 0 10 20 Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Community Meeting #1 Survey -Question #15 Question #15: What are the top five features you would like to see in the skate/scooter plaza? (1)Halfpipe (2)Bowl (3)Rails,Ledges & Stair Combo (4)Quarterpipe (5)Landmark Feature MANUAL PAD &LEDGE BRICK BANK RAILS STAIR SET KICKER WITH RAIL GRIND BOX LEDGES CUSTOM RAILS Page 121 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 30 40 50 60 SNAKE LADDERS ROCK SLALOM ROLLABLE SENDERS BIKE TUNNELS HAMMOCKS SPLIT DECISIONS A-FRAME PODIUM BOX TEETER TOTTERS PUMP TRACK ROLLERS JUMP LINES FLOW LINES SKINNY LADDERS DROPS 0 10 20 Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Community Meeting #1 Survey -Question #17 Question #17: What are the top five features you would like to see in the bike skills course area? (1)Pump Track (2)Rollers (3)Jump Lines (4)Flow Lines (5)Snake Ladders Page 122 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda 40 50 60 70 80 CLIMBING STRUCTURES SWINGS ZIPLINE CLIMBING WALL MONKEY BARS LEARNING WALLS CAROUSELS/SPINNERS MUSICAL FEATURES ROCKERS 0 10 20 30 Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Community Meeting #1 Survey -Question #18 Question #18: What are the top five features you would like to see in the playground? (1)Climbing Structure (2)Swings (3)Zipline (4) Climbing Wall (5)Monkey Bars Page 123 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Park Design ThemePage 124 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Stormwater Channel & Basins 1 Bike Park Park Master Plan N02550100 LEGEND: PARK MASTER PLAN 9 Perimeter Trail 5 13 14 15 1 2 3 6 45 7 138 1211 14 10 5 9 9 Stormwater Channel Apartments Path Connection To 4th Avenue American Legion Post 434 (Not Part of Grant) Menzel Field (Not Part of Grant) Existing Ball Field (To Remain) Casa Casillas Existing Tennis Courts (To Remain) Existing Basketball Court (To Remain) Existing Picnic Area (To Remain) Apartments C Street 5thAvenue4thAvenue15 15 16 2 Skate Park 3 Small Dog Park 4 Large Dog Park 6 Pickleball Courts (4) Additional Parking Lot (13 New Spaces) 8 ADA Ramp Fitness Equipment10 Showers & Changing Station11 7 12 Interactive Water Feature Lit Artificial Turf Field (7vs7 165’x105’) New Playground & Surfacing New Channel Fencing Park Monument Sign16 Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Page 125 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Circulation Plan N02550100CIRCULATIONPLAN LEGEND: Primary Circulation Secondary Circulation Existing Circulation Page 126 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Lighting Plan N02550100LIGHTINGPLAN Park Lighting LEGEND: Page 127 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Skate Plaza &Bike Park Design Concept -Overall RenderingPage 128 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Skate Plaza &Bike Park Design Concept -Detail RenderingsPage 129 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Conceptual Plan View Of The Interactive Water FeaturePage 130 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Conceptual Renderings Of The Interactive Water FeaturePage 131 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Conceptual Sign &Fence Improvements At C Street &4th AvenuePage 132 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations |City Council Presentation -6/6/2023 Funding for Eucalyptus Park RenovationPage 133 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Eucalyptus Park Renovations Recommendation: Adopt the proposed Master Plan and associated funding to construct the proposed improvements Page 134 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda v . 0 03 P a g e | 1 June 6, 2023 ITEM TITLE Easement: Order the Summary Vacation of a Portion of a Public Service Easement Within the Otay River Business Park Specific Plan. Report Number: 23-0145 Location: 2855 Faivre Street Department: Development Services Environmental Notice: The Project was adequately covered in a previously adopted Mitigated Negative Declaration (“MND”) and Mitigation Monitoring and Reporting Program (“MMRP”) (IS15-0005/MPA15- 0022; SCH #2017111012; adopted by Ordinance No. 3421 on March 13, 2018) for the Otay River Business Park (“ORBP”) Specific Plan. Recommended Action Adopt a resolution ordering the summary vacation of a portion of a public service easement reserved by the County of San Diego within Parcel 1 of Certificate of Compliance “ER484” of the Otay River Business Park Specific Plan. SUMMARY Otay River Business Park Development, LLC, is constructing an industrial building and associated parking within a vacant parcel located south of the intersection of Faivre Street and 7 th Street and has requested the vacation of a portion of an existing 66-foot-wide easement (“public service easement”) within the project site to accommodate the proposed building (Attachment 1). Said easement was reserved by the County of San Diego for possible public utility purposes, with the City of Chula Vista as a successor in interest, by resolution as Document No. 81-154859, recorded on May 19, 1981. In accordance with Streets and Highways Code Division 9, Part 3, Chapter 4, Sections 8333 and 8335, this type of vacation may be performed summarily through adoption of a resolution. ENVIRONMENTAL REVIEW The Director of Development Services has reviewed the proposed Project for compliance with the California Environmental Quality Act (“CEQA”) and determined that the Project was adequately covered in the Page 135 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 2 previously approved MND and MMRP (IS15-0005/MPA15-0022; SCH #2017111012) for the ORBP Specific Plan, adopted by the City Council on March 13, 2018. Therefore, no further environmental review is required. BOARD/COMMISSION/COMMITTEE RECOMMENDATION Not applicable. DISCUSSION On May 19, 1981, a public service easement for possible utility purposes was reserved by the County of San Diego with the City of Chula Vista as successor agency by resolution recorded as Document No. 81-154859 (Attachment 2). On January 23, 2020, San Diego Gas & Electric Company (“SDG&E”) quitclaimed their interest in this portion of the public service easement per Document No. 2020-0036948 (Attachment 3). On July 26, 2021, Otay River Business Park Development, LLC consolidated Lots 10 and 11 of Map No. 16399 as Parcel 1 of Certificate of Compliance (“COC”) No. ER484, per Document No. 2021-0530386. On September 14, 2022, the City approved Design Review Application, DR21-0009, for the Otay River Business Park to construct a new industrial building and associated parking over Parcel 1 of COC No. ER484, triggering the requirement to vacate the existing public service easement on Parcel 1. Currently, Parcel 1 is vacant, and the location of the existing public service easement has never been used as there are no existing facilities located within this portion of the easement area. With this proposed action, the City will vacate that portion of the existing public service easement within Parcel 1, in accordance with the Streets and Highways Code Division 9, Part 3, Chapter 4, Sections 8333(a) and 8335. This type of summary vacation may be performed by the local agency if the easement has not been used for the purpose for which it was dedicated or acquired for five consecutive years immediately preceding the proposed vacation, through adoption of a resolution by the City Council and recordation of a certified copy of the resolution attested to by the City Clerk. DECISION-MAKER CONFLICT Staff has reviewed the property holdings of the City Council members and has found no property holdings within 1,000 feet of the boundaries of the property which is the subject of this action. Consequently, this item does not present a disqualifying real property-related financial conflict of interest under California Code of Regulations Title 2, Section 18702.2(a)(7) or (8), for purposes of the Political Reform Act (Cal. Gov’t Code §87100, et seq.). Staff is not independently aware and has not been informed by any City Council member, of any other fact that may constitute a basis for a decision-maker conflict of interest in this matter. CURRENT-YEAR FISCAL IMPACT There are no current year fiscal impacts to the General Fund or Development Services Fund as a result of this action. All costs are borne by the developer, Otay River Business Park Development, LLC. Page 136 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda P a g e | 3 ONGOING FISCAL IMPACT There are no ongoing fiscal impacts to the General Fund or Development Services Fund as a result of this action. ATTACHMENTS Attachment 1: Easement Vacation Exhibit Attachment 2: Reserve Easement Resolution Vac. 80-39, dated May 13, 1981 Attachment 3: SDG&E Quitclaim Easement, dated January 23, 2020 Staff Contact: Laura C. Black AICP, Director, Development Services Department Charisse Phillips, Associate Engineer, Development Services Department Page 137 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ORDERING THE SUMMARY VACATION OF A PORTION OF A PUBLIC SERVICE EASEMENT RESERVED BY THE COUNTY OF SAN DIEGO WITHIN PARCEL 1 OF CERTIFICATE OF COMPLIANCE ER484 OF OTAY RIVER BUSINESS PARK WHEREAS, on May 19, 1981, a 66-foot-wide easement (the “Public Service Easement”) was reserved by the County of San Diego for possible public utility purposes, with the City of Chula Vista as successor agency per Document No. 81-154859, filed in the Office of the County Recorder of San Diego County on May 19, 1981; and WHEREAS, on January 23, 2020, San Diego Gas & Electric Company quitclaimed their interest in this portion of the Public Service Easement per Document No. 2020-0036948, filed in the Office of the County Recorder of San Diego County; and WHEREAS, on July 26, 2021, Otay River Business Park Development, LLC consolidated Lots 10 and 11 of Map No. 16399 as Parcel 1 of Certificate of Compliance (“COC”) No. ER484 per Document No. 2021-0530386, filed in the Office of the County Recorder of San Diego County; and WHEREAS, on September 14, 2022, the City approved Design Review Application, DR21-0009, for the Otay River Business Park Specific Plan to construct a new industrial building and associated parking over Parcel 1 of COC No. ER484, which triggered the requirement to vacate the existing Public Service Easement on Parcel 1; and WHEREAS, the portion of the Public Service Easement on Parcel 1 has not been used for public utility purposes for at least five (5) consecutive years immediately before the date of this Resolution, and no public utilities are known ever to have been installed in th e Public Service Easement area on Parcel 1; and WHEREAS, in accordance with Division 9, Part 3, Chapter 4, Sections 8333 and 8335 of the California Streets and Highways Code, this type of summary vacation of a public service easement may be performed through adoption of a resolution of vacation by the City Council and recordation of a certified copy of the resolution attested to by the City Clerk; and WHEREAS, City staff recommends approval of the vacation of the Public Service Easement on Parcel 1. Page 138 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda NOW, THEREFORE, BE IT RESOLVED that the City Council hereby finds and orders as follows: (1) This vacation of the Public Service Easement on Parcel 1 is made pursuant to Sections 8333 and 8335 of the California Streets and Highways Code. (2) The portion of the Public Service Easement on Parcel 1 and a precise description of such Easement vacated by this Resolution is found at Exhibit A attached hereto. (3) The Public Service Easement on Parcel 1 vacated by this Resolution has not been used for public utility purposes for at least five (5) consecutive years immediately before the date of this Resolution, and no public utilities are known ever to have been installed in the Public Service Easement area on Parcel 1. (4) That from and after the date this Resolution is recorded, the Public Service Easement on Parcel 1 that is vacated no longer constitutes a public service easement and the vacation is complete. BE IT FURTHER RESOLVED that the City Council directs the City Clerk to cause a certified copy of the resolution of vacation, attested by the Clerk, without acknowledgement or further proof, to be recorded in the Office of the County Recorder of San Diego County. From and after the date this resolution is recorded, the vacation is complete. Presented by: Approved as to form by: By: Laura C. Black, AICP Jill D.S. Maland Director of Development Services Lounsbery Ferguson Altona & Peak Acting City Attorney Page 139 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Resolution No. Page 3 EXHIBIT A Page 140 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 141 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 142 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 143 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 144 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 145 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 146 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Otay River Business Park Vacation of a Portion of a Public Service Easement June 6, 2023 1 City Council Meeting Item 7.2 Page 147 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda PROJECT LOCATION Page 148 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda VACATION OF EASEMENT PORTION OF 66’ WIDE PUBLIC SERVICE EASEMENT Faivre Street PROPOSED BUILDING Page 149 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda RECOMMENDATION Adopt the Resolution ordering the summary vacation of a portion of public service easement within the Otay River Business Park. Page 150 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 151 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 152 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 153 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 154 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 155 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda Page 156 of 156 City of Chula Vista City Council June 06, 2023 Post Agenda