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HomeMy WebLinkAbout2024/02/13 Post Agenda Packet Date:Tuesday, February 13, 2024, 5:00 p.m. Location:Council Chambers, 276 Fourth Avenue, Chula Vista, CA REGULAR CITY COUNCIL MEETING **REVISED 2/9/2024** Watch live in English and Spanish: chulavistaca.gov/councilmeetings or Cox Ch. 24 (English only). Free Spanish interpretation is available on-site. _______________________________________________________________________________________ In-Person Public Comments: Submit a request to speak to City Clerk staff before the close of the public comment period on an item or before the close of the general Public Comment period for non-agenda items. Electronic Public Comments: At chulavistaca.gov/councilmeetings, locate the meeting and click the comment bubble icon. Select the item and click "Leave Comment." You may also email cityclerk@chulavistaca.gov. eComments, emails, and other written comments must be received by noon for a regular City Council meeting. Watch Live or Recorded (English and Spanish): Visit chulavistaca.gov/councilmeetings. Click "ES" at the bottom to switch to Spanish. Closed captioning is available in both languages. Accessibility: In compliance with the American Disabilities Act, if you need special assistance to participate in this meeting, please contact the City Clerk’s Office at cityclerk@chulavistaca.gov or (619) 691-5041. Providing at least 48 hours' notice will help ensure that reasonable arrangements can be made. Gov. Code § 84308: Parties to any proceeding involving a license, permit, or other entitlement for use pending before the City Council must disclose any campaign contribution over $250 (aggregated) within the preceding 12 months made by the party, their agent, and those required to be aggregated with their contributions under Gov. Code § 82015.5. The disclosure must include the amount contributed and the name(s) of the contributor(s). "G.C. § 84308: Yes" on this agenda indicates that the item is subject to these regulations. PUBLIC PARTICIPATION Complete Agenda Packet: The complete agenda packet, including staff reports, draft resolutions and ordinances, and other backup materials, is available at chulavistaca.gov/councilmeetings or the City Clerk's Office. Time Allotted for Speaking (subject to change by the presiding officer) - Consent Calendar (any or all items): 3 minutes - Agenda Items (not on Consent): 3 minutes - General Public Comment (not on agenda): 3 minutes Individuals who use a translator will be allotted twice the time. General Public Comments: Twenty-one (21) minutes are scheduled near the beginning of the meeting. The first seven (7) speakers will be heard during the first Public Comment period. If there are additional speakers registered, they will be heard during the continued Public Comment period. If all registered speakers present at the time address the City Council during the first Public Comment period, there will be no continued Public Comment period. Submitting Request to Speak: A request to speak must be submitted to the City Clerk before the close of the public comment period on an item or before the close of the general Public Comment period for non-agenda items. 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. Before the vote, there is no separate discussion of these items unless a member of the City Council or staff removes the item from the Consent Calendar. Public Comment provides an opportunity to address the City Council on any matter not listed on the agenda that is within the jurisdiction of the City Council. Under the Brown Act, the City Council cannot take action on matters not listed on the agenda. Public Hearings are held on matters specifically required by law. Action Items are items expected to cause discussion and/or action by the City Council but do not legally require a public hearing. Closed Session may only be attended by members of the City Council, support staff, legal counsel, and others as specified on the agenda. Closed session may be held only in very limited circumstances as authorized by law. CITY COUNCIL ACTIONS: Resolutions are formal expressions of opinion or intention of the City Council and are usually effective immediately. Ordinances are laws adopted by the City Council. Ordinances usually amend, repeal, or supplement the Municipal Code; provide zoning specifications; or appropriate money for specific purposes. Most ordinances require two hearings and 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 February 13, 2024 Post Agenda Page 2 of 821 Pages 1.CALL TO ORDER 2.ROLL CALL 3.PLEDGE OF ALLEGIANCE TO THE FLAG AND MOMENT OF SILENCE 4.SPECIAL ORDERS OF THE DAY 4.1 Presentation by Environmental Services Manager Manuel Medrano on the ProduceGood Program for Chula Vista Residents 10 4.2 Recognition of Chula Vista Elementary School District's Leonardo da Vinci Health Sciences Charter School for being named Alliance for a Healthier Generation's 2023 List of America's Healthiest Schools 38 4.3 Presentation by the AARP Network of Age-Friendly States and Communities of a Recognition Plaque to the City of Chula Vista for Completing the Communities Cycle of Improvement *4.4 Presentation of a Proclamation to Valerie Magana and Colette Putnam for their Heroism on January 22, 2024, During the Flooding that occurred in the City of Chula Vista 5.CONSENT CALENDAR (Items 5.1 through 5.8) Consent calendar items are considered together and acted upon by one motion. There is no separate discussion of these items unless a member of the City Council or staff removes the item from the Consent Calendar. RECOMMENDED ACTION: City Council approve the recommended action on the below consent calendar items. 5.1 Approve Meeting Minutes 53 RECOMMENDED ACTION: Approve the minutes dated: January 22 and January 23, 2024 5.2 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. City of Chula Vista - City Council February 13, 2024 Post Agenda Page 3 of 821 5.3 Policy, General Plan, and Chula Vista Municipal Code Updates: Adopt an Ordinance Updating the Municipal Code Relating to the Appeal Process and Approving Changes to the Public Facilities Financing Plans 63 Report Number: 24-0019 Location: Citywide Department: Development Services G.C. § 84308: Yes Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act (“CEQA”) State Guidelines. Therefore, pursuant to State Guidelines Section 15060(c)(3), no environmental review is required. RECOMMENDED ACTION: Adopt an Ordinance amending the following: Chula Vista Public Facilities Financing Plan Guidelines; Chula Vista Municipal Code: Title 1 (General Provisions), Title 9 (Public Peace, Morals, and Welfare), Title 10 (Vehicles and Traffic), Title 12 (Streets and Sidewalks), Title 15 (Buildings and Construction), Title 17 (Environmental Quality), Title 18 (Subdivisions), Title 19 (Planning and Zoning), Title 21 (Historic Preservation). (Second Reading and Adoption) 5.4 Agreement: Approve the First Amendment to the Two-Party Agreement with KTUA for Design, Pre-Construction, and Construction Administration for Eucalyptus Park Renovations 136 Report Number: 24-0043 Location: 436 C Street Department: Development Services G.C. § 84308: Yes Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act (“CEQA”) State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. RECOMMENDED ACTION: Adopt a resolution approving the First Amendment to the Two-Party Agreement with KTUA for design, pre-construction, and construction administration services for Eucalyptus Park renovations. City of Chula Vista - City Council February 13, 2024 Post Agenda Page 4 of 821 5.5 American Rescue Plan Act: Waive Competitive Bidding Requirements, Authorize the Purchase, Installation, and Maintenance of Fencing on the East Side of Industrial Boulevard in the Harborside/Palomar Area, and Appropriate Funds for That Purpose 198 Report Number: 24-0046 Location: Industrial Boulevard, 91911 Department: Housing and Homeless Services & Public Works G.C. § 84308: Yes Environmental Notice: The Project qualifies for a Categorical Exemption pursuant to the California Environmental Quality Act State Guidelines Section 15303(e) Class 3 (New Construction or Conversion of Small Structures). RECOMMENDED ACTION: Adopt a resolution: 1) Waiving the competitive bidding requirements pursuant to Chula Vista Municipal Code Section 2.56.070(B)(3); and 2) Authorizing and appropriating interest earned on American Rescue Plan Act funds up to $275,000 for the purchase, installation, and maintenance of fencing on Industrial Boulevard and authorizing the City Manager or designee to determine needed phasing for installation and execute all necessary documents. (4/5 Vote Required) 5.6 Measure A Expenditure Plan and Appropriation: Amend the Measure A Public Safety Expenditure Plan to Fund Drone Program Costs and a Recruiting Campaign for the Police Department and Appropriate Funds for That Purpose 204 Report Number: 24-0038 Location: No specific geographic location Department: Police G.C. § 84308: No 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 approving the amended Measure A Public Safety Expenditure Plan to fund drone program costs and a recruiting campaign for the Police Department and amending the Fiscal Year 2023/24 expenditure budget for the Measure A Sales Tax Fund to appropriate funds for that purpose. (4/5 Vote Required) City of Chula Vista - City Council February 13, 2024 Post Agenda Page 5 of 821 5.7 Policy and Investment Report: Amend City Council Policy No. 220-01, Delegate Investment Activity Authority to the Director of Finance/Treasurer, and Accept the Investment Report for Quarter Ending December 31, 2023 211 Report Number: 24-0051 Location: No specific geographic location Department: Finance G.C. § 84308: No 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 acknowledging receipt of City Council Policy No. 220-01 Investment Policy and Guidelines, amending the existing policy, delegating investment activity authority to the Director of Finance/Treasurer, and accepting the investment report for the quarter ending on December 31, 2023. 5.8 Agreement: Approve a Park Agreement for the Construction of a 0.5 Acre Public Park Associated with the Chula Vista Center Residential Project, also Known as the Citrus Bay Project, Located at the Former Sears Site at Chula Vista Center 274 Report Number: 24-0052 Location: Southeast Corner of H Street and 5th Avenue Department: Development Services G.C. § 84308: Yes Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act (“CEQA”) State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. Alternatively, if the subject park agreement is considered a Project under CEQA, then the agreement was adequately covered and addressed under CEQA in the approved January 2023 Addendum to the previously adopted Final Environmental Impact Report for the Urban Core Specific Plan (FEIR06-01; SCH#2005081121; and certified by Resolution No. 2007-097 on April 26, 2007). RECOMMENDED ACTION: Adopt a resolution approving the Park Agreement for the construction of a public park associated with the Citrus Bay Project located at the former Sears site at Chula Vista Center. City of Chula Vista - City Council February 13, 2024 Post Agenda Page 6 of 821 6.PUBLIC COMMENTS 298 Twenty-one minutes are scheduled for the public to address the City Council for three minutes each on any matter within the jurisdiction of the City Council that is not on the agenda. The remaining speakers, if any, will be heard during the continued Public Comment period. 7.ACTION ITEMS 7.1 Annual Report: Accept the Audited Annual Comprehensive Financial Report (ACFR) for Fiscal Year Ended June 30, 2023 and Update on General Fund Reserve Funds 344 Report Number: 24-0045 Location: No specific geographical location Department: Finance G.C. § 84308: No 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 the audited Annual Comprehensive Financial Report for Fiscal Year Ended June 30, 2023, and hear the update on City reserve funds. 7.2 Agreement: Approve an Agreement for the Continuation and Expansion of the Work for Hope Program with McAlister Institute for Treatment and Education, Inc. 601 Report Number: 23-0325 Location: No specific geographic location Department: Housing and Homeless Services G.C. § 84308: Yes 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. Notwithstanding the foregoing, the activity qualifies for an Exemption pursuant to Section 15061(b)(3) of the California Environmental Quality Act State Guidelines. RECOMMENDED ACTION: Adopt a resolution waiving the competitive bidding requirements pursuant to Chula Vista Municipal Code Section 2.56.070(B)(4) and approving an agreement with McAlister Institute for the continuation and expansion of the Work for Hope program. City of Chula Vista - City Council February 13, 2024 Post Agenda Page 7 of 821 7.3 Employee Compensation and Positions: Approve Amended Classification Plan and Compensation Schedule; Position Counts; Revised Compensation Schedule; and Updated Conflict of Interest Code 622 Report Number: 24-0010 Location: No specific geographic location Department: Human Resources G.C. § 84308: No 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 resolutions: A) Amending the Classification Plan and Compensation Schedule to reflect (1) the addition and deletion of position titles and (2) salary adjustments for certain positions and amending the authorized position count in departments; B) Approving the revised Fiscal Year 2023-2024 Compensation Schedule effective February 9, 2024, as required by the California Code of Regulations, Title 2, Section 570.5; C) Amending the fiscal year 2023-24 budget; and D) Modifying the appendix to the local Conflict of Interest Code to revise the list of designated employees who are required to file Statements of Economic Interest (Form 700); and place an ordinance on first reading amending Chula Vista Municipal Code Section 2.05.010 adding the unclassified position titles of Deputy Director of Animal Services and Deputy Director of Development Services. (First Reading); (4/5 Vote Required) 7.4 Legislative Platform: Approve an Amendment to the 2023-2024 Legislative Platform 726 Report Number: 24-0050 Location: No specific geographic location Department: City Manager G.C. § 84308: No 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. Notwithstanding the foregoing, the activity qualifies for an Exemption pursuant to Section 15061(b)(3) of the California Environmental Quality Act State Guidelines. RECOMMENDED ACTION: Adopt a resolution approving an amendment to the 2023-2024 Legislative Platform. City of Chula Vista - City Council February 13, 2024 Post Agenda Page 8 of 821 8.PUBLIC COMMENTS (CONTINUED) There will be no continued Public Comment period if all speakers present at the first Public Comment period are heard. 9.CITY MANAGER’S REPORTS 9.1 Council Referral: Response on SR 125 Toll Road Briefing Request 761 10.MAYOR’S REPORTS 10.1 Appointment to the Sustainability Commission 816 - Abigail Costello 11.COUNCILMEMBERS’ COMMENTS 12.CITY CLERK'S REPORTS 13.CITY ATTORNEY'S REPORTS 14.CLOSED SESSION Announcements of actions taken in closed session shall be made available by noon on the next business day following the City Council meeting at the City Attorney's office in accordance with the Ralph M. Brown Act (Government Code 54957.7) 14.1 Conference with Legal Counsel Regarding Existing Litigation Pursuant to Government Code Section 54956.9(d)(1) Name of case: City of Chula Vista v. Amerisourcebergen Drug Corporation, et al., Northern District Court of Ohio, Case No. 19-op-45750-DAP. 15.ADJOURNMENT to the regular City Council meeting on February 20, 2024 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 February 13, 2024 Post Agenda Page 9 of 821 Reducing Food Waste & Hunger Alexandra White (Co-ED & Co-founder), Mackenzie Anderson (Program Development Lead) Clare Taulbee (PG Board President), Jeri White (PG Advisor & Co-founder) Chula Vista City Council Feb. 13, 2024 Page 10 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Meet ProduceGood ●Build an active & engaged community of growers, volunteers & feeders ●Find sustainable solutions to alleviate hunger & reclaim food waste ●Promote the health and well being of all! We are a women-founded, San Diego-born food recovery organization, with 5 staff and the mission to... Page 11 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Purpose-driven for climate action & social justice Feeding people is #1 after source reduction Local food recovery saves food chain resources Gleaning is a simple solution for creating access to excess food Diversion is essential to food waste reduction #2 #3 #4 #1 Food Recovery Hierarchy Page 12 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda How we do what we do Feed the People Source Excess Produce Coordinate Community Volunteers Supply Feeding Partners Schedule Harvest Events Page 13 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Cities have 3 choices • PG FEEDS People Per SB 1383 by 2025 20% of food recovered will feed people. 1.6M Pounds Recovered 5M Servings Supplied ➔to Feed People Page 14 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Chula Vista chooses ProduceGood (2023-2024) Page 15 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Residential Fruit Rescue Commercial/Produce Rescue (Tiers 1-2) Backyards • Orchards Farmers Markets • Farms • Grocers Page 16 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Crop Circle City Contracts Low Cost and High ROI Compliance with SB1383 Ease of Engagement We leverage a proven community driven model to help cities & food generators meet their goals: 1 2 3 Oceanside Escondido Encinitas Chula Vista Page 17 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Success through the power of many ●Surplus Produce Sources: 800+ Farmers Markets, Grocers, Farms, & Backyards ●Food Recovery Volunteers: 4,500+ individuals of all ages and abilities ●Feeding Partners: 90+ orgs feeding 760,000 individuals in our county ●5 Million Servings, rescued, donated & supplied Page 18 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda ProduceGood Feeds the Need in Sherman Heights https://youtu.be/S5J6_lTNfHk Short Video: Page 19 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Thank You! Alexandra White 406-570-6352 ProduceGood.Alex@gmail.com Page 20 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 21 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 22 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 23 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 24 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 25 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 26 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 27 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 28 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 29 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 30 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 31 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 32 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 33 of 821City of Chula Vista - City Council February 13, 2024 Post Agenda Page 34 of 821City of Chula Vista - City Council February 13, 2024 Post Agenda Page 35 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 36 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 37 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Off to a Great Start-Mind. Body. Heart Page 38 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Leonardo da Vinci Health Sciences Charter School (LdVCS) cultivates a community of health literate students who are knowledgeable about and value what it means to be academically, physically, and socio-emotionally healthy through a student-centered approach to learning. Page 39 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Off to a Great Start-Mind. Body. Heart Page 40 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Working Together with our Authorizer, Chula Vista Elementary School District Page 41 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Nine Topic Areas Page 42 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Where We’ve Started Page 43 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Monthly Parent Education Classes With UCSD Social-Emotional supports, activities, and celebrations Focus on Health & Wellness Page 44 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Currently Working On All Star Status Page 45 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 46 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Each grade visits the garden to learn about living organisms and what they need to thrive. Students watch over their plants, participate in the harvest, and enjoy the fruits of their labor. Working towards holding a “Farmer’s Market for families Page 47 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Providing on-site counseling services in addition to other supports and services. Working to bring in more Health supports for families and students Page 48 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Spirit Weeks to promote anti-bullying and health Page 49 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 50 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 51 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Thank you! Page 52 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Special City Council Meeting MINUTES January 22, 2024, 6:00 p.m. Southwestern Community College Building 64, Room 238 (Learning Resource Center) 900 Otay Lakes Road Chula Vista, CA 91910 Present: Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, Councilmember Preciado, Mayor McCann Also Present: City Manager Kachadoorian; Jill Maland representing Lounsbery Ferguson Altona & Peak LLP, Interim Acting City Attorney; City Clerk Bigelow; Deputy Director of City Clerk Services Turner Others Present Southwestern Community College District Governing Board Members: Don Dumas, Kristine Galacia Brown, Roberto Alcantar, Robert Moreno, Corina Soto and Dr. Mark Sanchez. Minutes are prepared and ordered to correspond to the agenda. _____________________________________________________________________ 1. CALL TO ORDER The meeting was called to order at 6:00 p.m. 2. ROLL CALL City Clerk Bigelow stated that all members were present. 3. PLEDGE OF ALLEGIANCE TO THE FLAG AND MOMENT OF SILENCE Led by Mayor McCann. 4. PRESENTATION 4.1 University Now Initiative Update The following members of the public spoke regarding the item:  John Acosta, Chula Vista resident  Robert Johnson Paul Henkin submitted written comments expressing a neutral position on the item. Zaneta Encarnacion, representing Southwestern College; Dr. Alica Jurek, representing San Diego Regional Policy & Innovation Center; and Economic Development Manager Evans gave a presentation and responded to questions. Page 53 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2024/01/22 City Council Special Meeting Minutes Page 2 Moved by Mayor McCann Seconded by Councilmember Chavez To accept the University Now Initiative report. Yes (5): Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, Councilmember Preciado, and Mayor McCann Carried (5 to 0) 5. ADJOURNMENT The meeting was adjourned at 8:05 p.m. Minutes prepared by: Tyshar Turner, Deputy Director of City Clerk Services _________________________ Kerry K. Bigelow, MMC, City Clerk Page 54 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Regular City Council and Special Housing Authority Meeting MINUTES January 23, 2024, 5:00 p.m. Council Chambers, 276 Fourth Avenue, Chula Vista, CA Present: Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, Councilmember Preciado, Mayor McCann Also Present: City Manager Kachadoorian; Jill Maland representing Lounsbery Ferguson Altona & Peak LLP, Interim Acting City Attorney; City Clerk Bigelow; Deputy Director of City Clerk Services Turner Minutes are prepared and ordered to correspond to the agenda. _____________________________________________________________________ 1. CALL TO ORDER The meeting was called to order at 5:02 p.m. Mayor McCann announced, pursuant to AB 23, that he and all Councilmembers 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 Led by Councilmember Preciado. 4. CONSENT CALENDAR (Items 4.1 through 4.5) Items 4.2 through 4.5 were removed from the consent calendar at the request of members of the public. City Clerk Bigelow announced that revised draft minutes for Item 4.1 had been distributed and that action would be on the revised document. Moved by Mayor McCann Seconded by Councilmember Chavez To approve the recommended actions appearing below consent calendar Item 4.1. The heading was read, text waived. The motion was carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, Councilmember Preciado, and Mayor McCann Page 55 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2024-01-23 City Council Regular and Housing Authority Special Meeting Minutes Page 2 Result, Carried (5 to 0) 4.1 Approve Meeting Minutes Paul Henkin submitted written comments expressing a neutral position on the item. Approval of the minutes dated: January 9, 2024 (amended) and January 16, 2024. ITEMS REMOVED FROM THE CONSENT CALENDAR 4.2 Waive Reading of Text of Resolutions and Ordinances Moved by Mayor McCann Seconded by Deputy Mayor Gonzalez To approve a motion to read only the title and waive the reading of the text of all resolutions and ordinances at this meeting. The motion was carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, Councilmember Preciado, and Mayor McCann Result, Carried (5 to 0) 4.3 Fund Appropriation: Appropriation of Successor Housing Agency Funds for the Homelessness Prevention Program and Development of a Landlord Incentive Program The following members of the public spoke in opposition to the item:  Alan C.  John Acosta, Chula Vista resident  Joseph Raso, Chula Vista resident  Consuelo The following members of the public submitted written comments in opposition to the item:  J Turner  JC Rodriguez Moved by Mayor McCann Seconded by Councilmember Preciado To adopt City Council Resolution No. 2024-014 and Housing Authority Resolution No. 2024-001 the heading was read, text waived. The motion was carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, Councilmember Preciado, and Mayor McCann Result, Carried (5 to 0) Page 56 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2024-01-23 City Council Regular and Housing Authority Special Meeting Minutes Page 3 Item 4.3 heading: RESOLUTION NO. 2024-014 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AND NO. 2024-001 OF THE HOUSING AUTHORITY AUTHORIZING AND APPROPRIATING THE USE OF SUCCESSOR HOUSING AGENCY FUNDS FOR THE IMPLEMENTATION OF A LANDLORD INCENTIVE PROGRAM AND A HOMELESSNESS PREVENTION PROGRAM (4/5 VOTE REQUIRED) 4.4 Council Policy: Amend Council Policy 104-01 to Update the Order of Business at City Council Meetings The following members of the public spoke in opposition to the item:  Alan C.  John Acosta, Chula Vista resident  Consuelo Paul Henkin submitted written comments expressing a neutral position on the item. Moved by Councilmember Preciado Seconded by Councilmember Cardenas To adopt Resolution No. 2024-015, the heading was read, text waived. The motion was carried by the following vote: Yes (4): Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, and Councilmember Preciado No (1): Mayor McCann Result, Carried (4 to 1) Item 4.4 heading: RESOLUTION NO. 2024-015 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING COUNCIL POLICY 104-01 (ORDER OF BUSINESS AT CITY COUNCIL MEETINGS) 4.5 Grant Award: Accept grant from the California Department of Justice for Tobacco Grant Program John Acosta, Chula Vista resident, spoke regarding matters related to homelessness: Moved by Councilmember Preciado Seconded by Mayor McCann To adopt Resolution No. 2024-016, the heading was read, text waived. The motion was carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, Councilmember Preciado, and Mayor McCann Result, Carried (5 to 0) Page 57 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2024-01-23 City Council Regular and Housing Authority Special Meeting Minutes Page 4 Item 4.5 heading: RESOLUTION NO. 2024-016 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACCEPTING FUNDS FROM THE CALIFORNIA DEPARTMENT OF JUSTICE FOR THE TOBACCO GRANT PROGRAM AND APPROPRIATING FUNDS THEREFOR (4/5 VOTE REQUIRED) 5. PUBLIC COMMENTS The following members of the public spoke regarding various matters:  Alan C.  John Acosta, Chula Vista resident  Consuelo Matthew Fischer, representing Eastlake Little League, spoke regarding park fees and maintenance. Joseph Raso, Chula Vista resident, spoke regarding tenant protections. Mary Davis spoke regarding the University Now Initiative update and various other matters. The following members of the public spoke regarding matters related to homelessness:  Ricky Zazueta, Chula Vista resident  Christine Brady, Chula Vista resident  Leticia Lares, Chula Vista resident Joann Fields, Chula Vista resident, representing the API Initiative, spoke regarding emergency services related to recent rainstorms. Delfina Gonzalez, Chula Vista resident, spoke regarding her attendance at a recent candidate forum. Carolina Ramirez, Chula Vista resident, spoke in support of a dog park in South West Chula Vista and adding slats to the fence on Industrial Blvd. Robert Johnson submitted written comments. The meeting was recessed at 7:11 p.m. and resumed at 7:33 p.m. 6. PUBLIC HEARINGS 6.1 Housing Annual Reporting: Federal Block Grant Programs Funding Priorities for Fiscal Year 2024/25 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. Management Analyst Barnard gave a presentation on the item. Mayor McCann opened the public hearing. The following members of the public spoke in opposition to the item: Page 58 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2024-01-23 City Council Regular and Housing Authority Special Meeting Minutes Page 5  Alan C., and he spoke on behalf of Sandra S., Eli Komai, and Mary D.  John Acosta, Chula Vista resident Christine Brady, Chula Vista resident, spoke regarding arts and culture in District 4 and matters related to homelessness. Delfina Gonzalez spoke regarding sidewalks in District 4. Robert Johnson submitted written comments. There being no further members of the public who wished to speak, Mayor McCann closed the public hearing. No action was taken on this item. 6.2 Policy, General Plan, and Chula Vista Municipal Code Updates: Growth Management Policies, Public Facilities Financing Plans, and Development Services Department Appeal Procedures 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. Senior Planner Mallec gave a presentation on the item. Mayor McCann opened the public hearing. The following members of the public spoke in opposition to the item:  John Acosta, Chula Vista resident  Alan C.  Consuelo There being no further members of the public who wished to speak, Mayor McCann closed the public hearing. Moved by Councilmember Preciado Seconded by Deputy Mayor Gonzalez To adopt Resolution No. 2024-017, as amended, to remove referenced changes to the master fee schedule, the heading was read, text waived. The motion was carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, Councilmember Preciado, and Mayor McCann Result, Carried (5 to 0) Item 6.2 headings: RESOLUTION NO. 2024-017 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AMENDMENTS TO THE GENERAL PLAN PERTAINING TO THE DISSOLUTION OF THE GROWTH MANAGEMENT OVERSIGHT COMMISSION Page 59 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2024-01-23 City Council Regular and Housing Authority Special Meeting Minutes Page 6 Moved by Councilmember Preciado Seconded by Deputy Mayor Gonzalez To place the ordinance on first reading, the heading was read, text waived. The motion was carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, Councilmember Preciado, and Mayor McCann Result, Carried (5 to 0) ORDINANCE OF THE CITY COUNCIL APPROVING AMENDMENTS TO POLICY DOCUMENTS AND THE CHULA VISTA MUNICIPAL CODE PERTAINING TO THE DISSOLUTION OF THE GROWTH MANAGEMENT OVERSIGHT COMMISSION AND APPEAL PROCEDURES FOR DISCRETIONARY PLANNING APPLICATIONS, AND AMENDMENTS TO THE PUBLIC FACILITIES FINANCING PLAN GUIDELINES. (FIRST READING) 6.3 Summary Easement Vacation: Vacation of an Existing Easement for Street Purposes for the Design of a Cul-de-Sac and Acceptance of Grant of a New Public Access Easement at 517 Shinohara Lane Allowing for a Hammerhead Design for Emergency Vehicle Turnaround 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. Principal Civil Engineer Campos gave a presentation on the item. Mayor McCann opened the public hearing. Alan C. spoke regarding noticing of the public hearing. There being no further members of the public who wished to speak. Mayor McCann closed the public hearing. Moved by Mayor McCann Seconded by Councilmember Preciado To adopt Resolution No. 2024-018, the heading was read, text waived. The motion was carried by the following vote: Yes (5): Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, Councilmember Preciado, and Mayor McCann Result, Carried (5 to 0) Item 6.3 heading: RESOLUTION NO. 2024-018 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA (1) ORDERING THE VACATION OF AN EASEMENT FOR ST REET PURPOSES OF A PORTION OF LOT 1 IN SECTION 19, TOWNSHIP 18 SOUTH, RANGE 1 WEST, SAN BERNARDINO MERIDIAN, ACCORDING TO OFFICIAL PLAT THEREOF, IN THE CITY OF CHULA VISTA, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA (A PORTION OF SHINOHARA LANE), AND (2) Page 60 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2024-01-23 City Council Regular and Housing Authority Special Meeting Minutes Page 7 ACCEPTING THE GRANT OF A NEW STREET EASEMENT FOR EMERGENCY VEHICLE TURNAROUND PURPOSES. 7. ACTION ITEMS 7.1 Agreement: Approve an Agreement with TeamCivX to Provide Public Education on Measure P and the Development of a Potential Similar Ballot Measure Deputy City Manager Chase, Dr. Tim McClarney, representing True North Research, and Jared Boigon representing TeamCivX, gave a presentation on the item. The following members of the public spoke in opposition to the item:  Alan C.  Leticia Lares, Chula Vista resident Mary Davis spoke expressing a neutral position on the item. Concerned resident submitted written comments expressing a neutral position on the item. Paul Henkin submitted written comments in opposition to the item. Moved by Councilmember Preciado Seconded by Councilmember Chavez To direct staff to pursue building awareness of a potential ballot measure, as presented, and to adopt Resolution No. 2024-019, the heading was read, text waived. The motion was carried by the following vote Yes (5): Councilmember Cardenas, Councilmember Chavez, Deputy Mayor Gonzalez, Councilmember Preciado, and Mayor McCann Result, Carried (5 to 0) Item 7.1 heading: RESOLUTION NO. 2024-019 OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING A CONSULTANT SERVICES AGREEMENT TO PROVIDE PUBLIC EDUCATION AND POTENTIAL BALLOT MEASURE SERVICES BETWEEN THE CITY AND TEAMCIVX 8. CITY MANAGER’S REPORTS City Manager Kachadoorian thanked Public Works and Fire staff for their responses to recent rainstorms. 9. MAYOR’S REPORTS Mayor McCann provided an update from San Diego Community Power and reported on attendance at recent events and made community announcements. Page 61 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2024-01-23 City Council Regular and Housing Authority Special Meeting Minutes Page 8 10. COUNCILMEMBERS’ COMMENTS Councilmembers reported on attendance at recent events and made community announcements. 11. CITY ATTORNEY'S REPORTS 11.1 Report out from January 9, 2024 Closed Session: Acting City Attorney Maland announced that at the January 9, 2024 City Council meeting under Closed Session, the City Council voted unanimously, 5 to 0, to authorize legal counsel to appeal the recent appellant court decision to the California Supreme Court. Robert Johnson submitted written comments. Arturo Castanares v. City of Chula Vista, San Diego Superior Court, Case No. 37- 2021-17713-CU-MC-CTL 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 Council would not convene in closed session to discuss the items listed below. 12.1 Conference with Legal Counsel Regarding Existing Litigation Pursuant to Government Code Section 54956.9(d)(1) Name of case: Maria Eugenia Flores v. City of Chula Vista, San Diego Superior Court, Case No. 37-2023-00052249-CU-PA -CTL Item not heard. Close Session Cancelled 13. ADJOURNMENT The meeting was adjourned at 9:31 p.m. Mayor McCann adjourned the meeting in memory of Superior Court Judge Roy Cazares. Minutes prepared by: Tyshar Turner, Deputy Director of City Clerk Services _________________________ Kerry K. Bigelow, MMC, City Clerk Page 62 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda v . 0 03 P a g e | 1 February 13, 2024 ITEM TITLE Policy, General Plan, and Chula Vista Municipal Code Updates: Adopt an Ordinance Updating the Municipal Code Relating to the Appeal Process and Approving Changes to the Public Facilities Financing Plans (Second Reading and Adoption) Location: Citywide Department: Development Services G.C. § 84308: Yes 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 the following: Chula Vista Public Facilities Financing Plan Guidelines; Chula Vista Municipal Code: Title 1 (General Provisions), Title 9 (Public Peace, Morals, and Welfare), Title 10 (Vehicles and Traffic), Title 12 (Streets and Sidewalks), Title 15 (Buildings and Construction), Title 17 (Environmental Quality), Title 18 (Subdivisions), Title 19 (Planning and Zoning), Title 21 (Historic Preservation). (Second Reading and Adoption) Summary This ordinance was placed on first reading on January 23, 2024. The original staff report can be accessed at the following link: https://pub-chulavista.escribemeetings.com/filestream.ashx?DocumentId=37881 Please note, the original staff report may include information beyond the scope of the ordinance proposed for adoption with this action. For questions, please contact the staff indicated in the original staff report or cityclerk@chulavistaca.gov. Attachments 1. Planning Commission Resolution 2. Draft Amendments to CVMC Chapter 19.92 3. Draft Amendments to PFFP Guidelines 4. Draft Amendments to CVMC Titles 1, 9, 10, 12, 15, 17-19, and 21 Page 63 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 1 ORDINANCE NO. _________ ORDINANCE OF THE CITY COUNCIL APPROVING AMENDMENTS TO POLICY DOCUMENTS AND THE CHULA VISTA MUNICIPAL CODE PERTAINING TO THE DISSOLUTION OF THE GROWTH MANAGEMENT OVERSIGHT COMMISSION AND APPEAL PROCEDURES FOR DISCRETIONARY PLANNING APPLICATIONS, AND AMENDMENTS TO THE PUBLIC FACILITIES FINANCING PLAN GUIDELINES. WHEREAS, on November 8, 2022, the City Council approved revisions to the General Rules and structure/scope for various City Boards and Commissions, including the dissolution of the Growth Management Oversight Commission (“GMOC”); and WHEREAS, parts of the Chula Vista Municipal Code (“CVMC”) and the City’s Public Facilities Financing Plan (“PFFP”) Guidelines were in need of amendment s, both resulting from the GMOC’s dissolution and to streamline residential development within the City; and WHEREAS, necessary amendments to the CVMC have been identified to help further clarify permit processes and regulations; and WHEREAS, City Staff has identified several titles within the CVMC in need of a consistent application process by which to appeal discretionary planning applications such as Design Review Permits, Conditional Use Permits, Variances, etc.; and WHEREAS, Staff presented the proposed revisions to the City General Plan, CVMC, PFFP amendments to the Development Oversight Committee on September 27, 2023, which recommended adoption; and WHEREAS, the Planning Commission held a duly noticed public hearing on the subject Ordinance on December 13, 2023 at 6pm and voted 7-0-0 to adopt Resolution No. 2023-26 and thereby recommends, together with City Staff, that the City Council adopt an Ordinance amending CVMC Chapter 19.92 regarding the City’s PFFP Guidelines, and CVMC Titles 1, 10, 12, 15, 17, 18, 19, and 21; and WHEREAS, the Director of Development Services has reviewed the proposed activities described in the related Staff Report for compliance with the California Environmental Quality Act (“CEQA”) and has determined that the subject activities are not a “Project” as defined under Section 15378(b)(1) of the State CEQA Guidelines because the proposed activities consist of updates and modifications to the CVMC related to state law compliance and ministerial adjustments for consistency purposes that will not result in a significant physical change in the environment. Therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines, the activity is not subject to CEQA. The City Planning Commission concurs with this determination; and Page 64 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 2 WHEREAS, if the activities described in the related Staff Report for this matter are deemed to be a “Project”, then the Director of Development Services has reviewed the proposed activities for compliance with CEQA and has determined that the actions qualif y for the “common sense” exemption under State CEQA Guidelines Section 15061(b)(3). The actions involve administrative updates to the CVMC relating to appeal processes for discretionary decisions and eliminating submittals that are already required for CEQA review. The actions of updating and modifying the CVMC with procedural and clerical changes will not result in an intensification of uses or a change in development potential within the City above what already is permitted under the existing land use and zoning policies of the CVMC and under State law. Based on an analysis of the nature and type of these procedural and clerical changes to the CVMC, the actions will not have a significant effect on the environment. The City’s Planning Commission concurs with this determination; and WHEREAS, the City Council set the time and place for a hearing on the subject amendments and notice of said hearing, together with its purpose, was given by its publication in a newspaper of general circulation in the City, at least ten (10) days prior to the hearing; and WHEREAS, after review and consideration of the Staff Report and related materials for this matter, the hearing was held to consider said amendments and Ordinance at the time and place as advertised in the Council Chambers, 276 Fourth Avenue, before the City Council and the hearing was thereafter closed. NOW THEREFORE the City Council of the City of Chula Vista does hereby find and ordain as follows: The City Council of the City of Chula Vista finds that the proposed amendments to the CVMC and PFFP Guidelines identified or addressed in this Ordinance are not a “Project” as defined under Section 15378(b)(1) of the State CEQA Guidelines because the proposed activities consist of updates and modifications to the CVMC related to state law compliance and ministerial adjustments for consistency purposes that will not result in a significant physical change in the environment. Therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines, the activities are not subject to CEQA. Further, if the activities described in the related Staff Report for this matter are deemed to be a “Project”, then the actions qualif y for the “common sense” exemption under State CEQA Guidelines Section 15061(b)(3). The actions involve administrative updates to the CVMC relating to appeal processes for discretionary decisions and eliminating submittals that are already required for CEQA review. The actions of updating and modifying the CVMC with procedural and clerical changes will not result in an intensification of uses or a change in development potential within the City above what already is permitted under the existing land use and zoning policies of the CVMC and under State law. Based on an analysis of the nature and type of these procedural and clerical changes to the CVMC, the actions will not have a significant effect on the environment. The City Council of the City of Chula Vista, in the exercise of its independent judgment, as set forth in the record of its proceedings does hereby also adopt all findings made by the Planning Commission, which are attached hereto and incorporated herein by thi s reference, as if said findings were their own (Attachment 1), and approve the changes to the City’s PFFP Guidelines, and CVMC Titles 1, 10, 12, 15, 17, 18, 19, and 21, to read as written below. Page 65 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 3 Section I. CVMC Section 01.05.090 is hereby amended as follows: Section 1.50.090: Appeal of determination. Within 10 business days of the issuance of a written determination, the applicant or other interested party may file an appeal on forms provided by the Development Services Department with the City Clerk’s Office, from the determination of the Zoning Administrator or other discretionary reviewing authority to the City Council, in compliance with CMVC Chapter 19.14.. Said appeal shall specify therein that the decision of the Zoning Administrator was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. An applicant may also request reasonable accommodation in the procedure by which an appeal will be conducted. If an applicant needs assistance in filing an appeal, the City Clerk’s Office shall provide the assistance that is necessary to ensure that the appeal process is accessible to the applicant. Section II. CVMC Section 9.40.030 is hereby amended as follows: Section 9.40.030: Application for conversion or discontinuance of mobilehome or trailer park. [Section 9.40.030 A thru C. remains unchanged.] D. Appeal From the Decision From the Director of Development Services, or Designee. 1. An appeal from the decision of the Director of Development Services, or designee, on an application for conversion or discontinuance of a mobilehome or trailer park may be taken to the City Council within 60 calendar days following the decision of the Director of Development Services, or designee. The appeal may be taken by the applicant, any governmental body or agency, any owner of real property located within the City or any resident of the City. The appeal shall be in writing on a forms provided by the Development Services Department and filed with the City Clerk. The appeal shall specify wherein there was an error in the decision of the Director of Development Services, or designee. Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. If an appeal is filed within the time specified, it shall automatically stay proceedings in the matter until a determination is made by the City Council. Page 66 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 4 2. Upon the filing of the appeal, the City Clerk’s Office shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled City Council meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The public hearing shall be noticed and held in accordance with the provisions of this code. Notice of time and place and purpose of such hearing shall be given as follows: a. By at least one publication in the official newspaper of the City, not less than 10 business days prior to the date of the hearing; b. By mailing notices at least 10 business days prior to the date of such hearing to the mobilehome or trailer park owner and to all mobilehome or trailer owner/occupants of the mobilehome or trailer park. 3. Upon the hearing of the appeal, the City Council may by resolution affirm, reverse or modify in whole or in part any determination of the Director of Development Services, or designee, subject to the same limitations as are placed upon the Director of Development Services, or designee, by law and the provisions of this code. The resolution must contain a finding of fact showing wherein the proposed development meets or fails to meet the requirements herein. 4. The decision of the City Council shall be final unless appealed to a court of competent jurisdiction. [Section 9.40.030 E thru G. remains unchanged.] Section III. CVMC Section 10.84.020 is hereby amended as follows: Section 10.84.020: Parking prohibited on portions of private property. [Section 10.84.020 A thru C. remains unchanged.] D. When parking is not available under subsections (A) through (C) of this section, then consideration shall be given by the Zoning Administrator to select a parking area on the opposite side of the lot or other appropriate locations on the property as per CVMC 19.62.110. Any interested party may appeal the decision of the Zoning Administrator to the Planning Commission. Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected Page 67 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 5 and not processed by the City. The appeal shall be on a form provided by the Development Services Department and filed in writing with the City Clerk’s Office within 10 business days of the Administrator’s action and accompanied by the required appeal fee(s). Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Unmounted campers and camper shells may not be placed in the front yard, driveway, or unscreened (by solid six-foot-high fence or hedge) exterior side yard setback area for a period of more than 72 hours. Section IV. CVMC Section 12.24.110 is hereby amended as follows: Section 12.24.110: Installation of public improvements – Appeal of Director of Development Services’ ruling – Application and fees. If the Director of Development Services denies the request for a waiver of obligation to install improvements, a written application for appeal on forms provided by the Development Services Department shall be filed with the City Clerk’s Office to appeal such denial and shall be accompanied by the required appeal fee(s). Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. The appeal shall be heard by the Planning Commission. Said application must be filed within 10 business days from the date on which the Director of Development Services made their ruling, be accompanied by the required appeal fee, and include a written statement specifically describing all of the bases of the appeal and shall provide supporting documentation. Following the filing of a complete application, including all associated fees, the City Clerk’s Office shall notify the Director of Development Services who shall take no longer than 30 calendar days to set a hearing before the Planning Commission at a regularly scheduled meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the Page 68 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 6 appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Section V. CVMC Section 15.04.260 is hereby amended as follows: Section 15.04.260: Appeals – Time limit for filing – Form. An interested party may appeal to the Planning Commission from any decision of the City Engineer within 10 business days after said decision. Appeals shall be in writing and shall state the specific nature of the appeal. Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Appeals shall be on forms provided by the Development Services Department and filed with the City Clerk’s Office and accompanied by the required appeal fee(s). Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Section VI. CVMC Section 17.28.040 is hereby amended as follows: Section 17.28.040: Lighting plans – Approval required when. All lighting plans in multiple-family, commercial and industrial zones shall be submitted to the Zoning Administrator for approval prior to installation thereof. Should the City disapprove of the plans, a written appeal by an interested party shall be on forms provided by the Development Services Department and filed with the City Clerk’s Office and accompanied by the required appeal fee(s). Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who shall take no longer than 30 calendar days to set the matter for a public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the Page 69 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 7 valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Section VII. CVMC Section 18.16.220 is hereby amended as follows: Section 18.16.220: Approval – Appeal. The decision of the Director of Development Services and the City Engineer may be appealed by an interested party to the Planning Commission. A written notice of appeal shall be on forms provided by the Development Services Department and must be filed with the City Clerk’s Office and accompanied by the required appeal fee(s) within 10 business days of the date the Planning Commission was noticed that the final map was under review for final approval. Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Section VIII. CVMC Section 18.18.090 is hereby amended as follows: Section 18.18.090: Appeals from determinations – Procedure. If an interested party is dissatisfied with any determination of the City Engineer as to whether the property division qualifies as a parcel map division, or as to any requirements or conditions which they seek to impose, they may then appeal the determination within 10 business days to the Planning Commission by filing a written statement on forms provided by the Development Services Department with the City Clerk’s Office and accompanied by the required appeal fee(s) stating with specificity all of the reasons for appeal and providing supporting evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the Page 70 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 8 appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Section IX. CVMC Section 18.20.210 is hereby amended as follows: Section 18.20.210: Approval – Appeal – Procedure. If an interested party is dissatisfied with any determination of the City Engineer as to whether the property division qualifies as a parcel map division, or as to any requirements or conditions imposed, they may then appeal the determination within 10 business days to the Planning Commission by filing a written statement on forms provided by the Development Services Department with the City Clerk’s Office stating, with specificity, all of the reasons for appeal (with supporting evidence), and accompanied by the required appeal fee(s). Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Section X. CVMC Section 19.12.070 is hereby amended as follows: Section 19.12.070: Hearings – Notice required – Methods and additional contents of notice. Notices of the time, place and purpose of such hearing shall be given in the following manner: A. By at least one publication in a newspaper of general circulation in the City as provided in the Charter, not less than 10 business days prior to the date set for hearing; B. By mailing a postal card or letter to all of the owners of property within 500 feet of the exterior boundary of the property involved, as well as the owner of the subject property, said owners being established for this purpose by an examination of the assessment records held in the office of the City Clerk; provided, however, that in such cases where the ownership has recently changed and such knowledge is available to the Development Services Director, notice shall also be sent in this Page 71 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 9 manner to the current occupants of said property. The notice boundary may be increased at the discretion of the Development Services Director; or C. In certain instances where mailed notice of hearing is deemed to be impractical, notice may be effected by posting upon the subject property, and within the area of the subject property, a notice bearing the same information as contained in the notice to be mailed. Said notice shall be mailed or posted at least 10 business days prior to the date set for the public hearing, and the Development Services Director or his authorized representative shall sign an affidavit of mailing to be held in the record. It is further provided that no defect or irregularity in the giving of such notice shall invalidate the public hearing if said interested parties receive actual notice by any other means and are aware of the matter to be considered at the public hearing. D. Notices shall be mailed to any individuals who have requested in writing to be provided public notices. A fee, in the amount as presently designated or as may be in the future amended in the master fee schedule, shall accompany each request. Section XI. CVMC Chapter 19.14 is hereby amended as follows: Section 19.14.050: Public hearing – Mandatory when – Consolidation of public hearings for multiple permit applications. A. The Zoning Administrator may, at her/his option, refer any of the matters on which she/he is authorized to rule and/or issue a permit to the Planning Commission for review. In addition, a project applicant may request that any such matter be referred directly to the Planning Commission for action. In such cases, a public hearing as provided herein shall be mandatory. B. An interested party who disagrees with the ruling of the Zoning Administrator may appeal such ruling to the Planning Commission within 10 business days from the date on which the decision was made. Said appeal shall be in writing, accompanied by the required appeal fee(s), and filed with the City Clerk upon forms provided by the Development Services Department and shall specify therein that the decision of the Zoning Administrator was in error and identify the facts and circumstances on which the claim of error is based, with supporting evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. If an appeal is filed within the time limit specified, it shall automatically stay the proceedings in the matter until a determination is made by the Planning Commission. Upon the filing of the appeal, the City Clerk’s Office shall notify the Director of Development Services who will set the matter for public hearing, giving the same notice as required in CVMC 19.12.070 and 19.12.080. The Zoning Administrator shall transmit to the Planning Commission a copy of its decision and findings, minutes of the hearing and all other evidence, maps, papers and exhibits upon which the Zoning Page 72 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 10 Administrator made its decision. The hearing on said appe al shall be processed by the City Clerk in the same manner as a permit within the original jurisdiction of the Zoning Administrator. In such cases, a public hearing as provided herein shall be mandatory. Once a valid, written application for appeal has been filed, the City Clerk’s Office shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable t ime thereafter. The decision of the Planning Commission shall be final. C. When an applicant applies for more than one permit or other approval for a single development, the applications shall be consolidated for processing and shall be reviewed by a single decision maker or decision-making body. The consolidated application shall be heard by the decision maker or decision-making body associated with the highest level action among the applications to be considered. The findings required for approval of each permit shall be considered individually, consistent with CVMC 19.14.080, 19.14.190 and/or 19.14.582(E) as applicable. For projects subject to design review and that are consolidated to a higher decision- making level, one member of the Planning Commission with design expertise may advise the staff on the design aspects of the project prior to the public hearing. The recommendations will be included in the staff report to the highest level decision- making body. Section 19.14.100: Conditional use permit – Appeals of the Zoning Administrator decision – Procedure generally. The applicant or other interested persons may appeal the decision of the Zoning Administrator to the Planning Commission within 10 business days from the date on which the decision was made. Said appeal shall be in writing, accompanied by the required appeal fee(s), and filed with the City Clerk upon forms provided by the Development Services Department and shall specify therein that the decision of the Zoning Administrator was in error and identify the facts and circumstances on which the claim of error is based, with supporting evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. If an appeal is filed within the time limit specified, it shall automatically stay the proceedings in the matter until a determination is made by the Planning Commission. Upon the filing of the appeal, the City Clerk’s Office shall notify the Director of Development Services who will set the matter for public hearing, giving the same notice as required in CVMC 19.12.070 and 19.12.080. The Zoning Administrator shall transmit to the Planning Commission a copy of its decision and findings, minutes of the hearing and all other evidence, maps, papers and exhibits upon which the Zoning Administrator made its decision. The hearing on said appeal shall be processed by the City Clerk in the same manner Page 73 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 11 as a conditional use permit within the original jurisdiction of the Zoning Administrator. Upon the filing of the valid appeal, the City Clerk’s Office shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision on the appeal by the Planning Commission shall be final. Section 19.14.110: Conditional use permit – Appeals of Planning Commission decision – Form – Contents – Effect of filing. The applicant or other interested person may appeal from the decision of the Planning Commission granting or denying any conditional use permit within their jurisdiction, to the City Council within 10 business days from the date on which the decision was made. Said appeal shall be in writing, accompanied by the required appeal fee(s), and filed with the City Clerk upon forms provided by the Development Services Department and shall specify therein that the decision of the Planning Commission was in error and specifically identify all of the facts and circumstances on which the claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. If an appeal is filed within the time limit specified, it automatically stays proceedings in the matter until a determination is made by the City Council. Where an application is neither approved nor denied by the Planning Commission due to a failure to achieve a majority vote, the applicant shall have the right to a rehearing at the next Planning Commission meeting with an opportunity to appeal the decision of the rehearing to the City Council, or may appeal directly to the City Council without payment of additional fees. The choice of alternatives shall be at the discretion of the applicant. All other proceedings pertaining to appeals shall continue to apply. Section 19.14.130: Conditional use permit – Appeals – City Council action – Resolution contents and transmittal. Upon the hearing of such appeal, the City Council may, by resolution, affirm, reverse or modify in whole or in part any determination of the Planning Commission subject to the same limitations and requirements of findings as are placed upon the Planning Commission by this chapter. The resolution must contain a finding of facts showing wherein the conditional use meets or fails to meet the requirements of CVMC 19.14.080. The decision by the City Council on the appeal Page 74 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 12 is final. Not later than 10 business days following the adoption of said resolution, the City Clerk shall transmit a copy of the resolution and finding to the Director of Development Services and shall mail a copy to the applicant. Section 19.14.180: Variance – Public hearing – Procedure – Notice required. Except for applications for limited relief as described in CVMC 19.14.030(B), a public hearing for a variance shall be held by the Zoning Administrator in the following manner: The Zoning Administrator shall publish a notice of hearing in a newspaper of general circulation in the City not less than 10 business days prior to the date of said hearing. In addition to the notice in the newspaper, notice of hearing may be made, at the option of the Zoning Administrator, by mail to owners of record of surrounding property within 500 feet of the property for which said variance is requested. Failure of owners to receive notice of hearing shall in no way affect the validity of action taken. Section 19.14.210: Variance – Zoning Administrator authority – Notice of action. The Zoning Administrator may approve said variance, may grant said variance subject to specified conditions, or may deny said variance. The Zoning Administrator shall notify the applicant within 10 business days of action taken. Section 19.14.240: Variance – Appeals – Procedure generally – Effect of filing – Public hearing. An interested party may appeal the decision of the Zoning Administrator to the Planning Commission, within 10 business days from the date on which said decision was made. Said appeal shall be written and filed with the City Clerk’s Office on forms provided by the Development Services Department, and shall specify therein that the decision of the Zoning Administrator was in error and specifically identify all of the facts and circumstances on which claim of error is based (supported by evidence), and shall be accompanied by the required appeal fee(s). Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting, and in compliance with noticing requirements set forth herein in CVMC 19.12.070 and 19.12.080. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled Page 75 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 13 within a reasonable time thereafter. The decision of the Planning Commission shall be final. Where an application for a variance is included in a consolidated hearing and is neither approved nor denied by the Planning Commission, due to failure to achieve a majority vote, the applicant shall have the right to a rehearing at the next Planning Commission meeting. All other proceedings pertaining to appeals shall continue to apply. Section 19.14.270: Procedures for enforcing conditional use permits and variances. [Sections 19.14.270 A. through G. remain unchanged.] H. Right of Appeal. Within 10 business days after the notice of the written decision is filed, unless the date is waived by the appellate body upon a showing of good cause, any interested party who participated in the public hearing or the Director of Development Services may appeal the written decision to the appropriate appellate body as follows: 1. If the permitting authority is the Zoning Administrator, appeal shall be filed with the Planning Commission; 2. If the permitting authority is the Planning Commission, an appeal shall be filed with the City Council; 3. If the permitting authority is the City Council, no further appeal is available. [Sections 19.14.270 I. through K. remain unchanged.] L. Any written decision regarding an appeal shall be final on the eleventh day after its filing, unless an appeal is timely filed, if such an appeal is available to an issuing body, or a waiver is obtained. All written decisions issued by the City Council shall become final when notice of such written decision is filed. M. After the written decision becomes final, it shall be filed with the Director of Development Services and a copy may be filed with the county recorder of San Diego County. Uses and structures must be brought into compliance with the final decision or otherwise brought into compliance with the underlying zone. Where a variance or conditional use permit is revoked, it shall become void. Section 19.14.370: Planned unit development – Public hearing – Time – Notice required. A public hearing shall be held by the Planning Commission and City Council as provided herein: Page 76 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 14 A. Such hearing before the City Council shall be set for public hearing by the City Clerk within 30 calendar days. The meeting date shall also be no more than 60 calendar days after the Planning Commission’s action; B. The secretary of the Commission and City Clerk shall publish notice of hearings in a newspaper of general circulation in the City not less than 10 business days prior to the date of said hearings. Failure of owners to receive notice of hearings shall in no way affect the validity of action taken. Section 19.14.480: Site plan and architectural approval – Building Inspector authority – Appeals. A. Following site plan and architectural approval by the Zoning Administrator as provided in this chapter, a cop y of the decision resolution of the Zoning Administrator shall be filed with the Development Services Director and mailed to the applicant. Appeals from determinations by the Zoning Administrator shall be sent in writing by an interested party to the City Clerk’s Office for a hearing before the Planning Commission. In the absence of such request being filed within 10 business days after determination by the Zoning Administrator, the determination shall be final. B. A written appeal shall be filed by the applicant or an interested party with the City Clerk’s Office on a form required by the Development Services Department, and to be accompanied by the nonrefundable required fee therefor. The appeal shall include a statement of the specific reasons and evidence supporting the appeal, including a demonstration that any issues being raised were raised before the Zoning Administrator. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who will take no longer than 30 days to set the matter for public hearing at a regularly scheduled Planning Commission meeting, and giving the same notice as required in CVMC 19.12.070 and 19.12.080. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. C. Upon the hearing of an appeal, the Planning Commission may, by resoluti on, affirm, reverse or modify, in whole or in any part, any determination of the Zoning Administrator. The resolution shall contain findings of facts showing wherein the project meets or fails to meet any applicable site plan and architectural principles in CVMC 19.14.470, the provisions of the design manual or any design standards required for the project, or other nonconformity with the requirements of this Page 77 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 15 chapter. A copy of the decision resolution of the Planning Commission shall be filed with the Development Services Department and mailed to the applicant. The decision of the Planning Commission shall be final. Section 19.14.486: Landscape plan approval – Application – Accompanying documents – Fee. A. Applications for landscape plan approval shall be made to the Zoning Administrator and shall be accompanied by the drawings and information prescribed by the landscape manual, or other landscape regulations. Each application shall also be accompanied by the required filing fee(s). B. Appeal. The Zoning Administrator shall approve, conditionally approve or deny landscape plans. An interested party may appeal a denial or conditions imposed upon approval by filing a written appeal to the City Clerk’s Office, in accordance with CVMC 19.14.050, within 10 business days of receipt of notification of denial or conditional approval from the Zoning Administrator. Such shall be in writing on the form promulgated by the Development Services Department, accompanied by the required fee(s), and shall specify therein the action(s) of the Zoning Administrator is inconsistent with the landscape manual and/or other applicable ordinances, manuals or policies of the City, with supporting evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The Planning Commission may grant, conditionally grant, or deny the appeal. The decision of the Planning Commission shall be final, and shall be based upon the landscape manual, and/or other applicable ordinances, manuals, or policies of the City. Section 19.14.490: Home occupations – Permit required when – Restrictions and requirements – Revocation when – Appeals. In any R zone, a customary home occupation may be permitted subject to a home occupation permit granted by the Development Services Director which is merely incidental and secondary to residence use. Each such permit shall be accompanied by the required filing fee(s). The following are typical home occupations: fine arts, handicrafts, dressmaking, millinery, laundering, preserving, home cooking, route salesman; or office of a doctor, dentist, lawyer, architect, engineer, teacher or member of another recognized profession. The home occupation shall not: Page 78 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 16 [Sections 19.14.490 A. through C. remain unchanged.] D. Permit any external display of products, merchandise, or any sign to identify the home occupation. A home occupation permit shall be revoked by the Director of Development Services upon violation of any requirement of this chapter, or of any condition or limitation of any permit issued, unless such violation is corrected within 15 days of notice of such violation, and any such permit may be revoked for repeated violation of the requirements of this section or of the conditions of such permit. In the event of denial of any permit, or the revocation thereof, or of objection to the limitations placed thereon, an interested party may then appeal the determination within 10 business days to the Planning Commission by filing a written statement on forms provided by the Development Services Department with the City Clerk’s Office, and accompanied by the required appeal fee(s),, stating with specificity all of the reasons for appeal, and supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing in front of the Planning Commission. The meeting date shall also be no more than 60 cal endar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing s hall be scheduled within a reasonable time thereafter. Upon the hearing of such appeal, the Planning Commission may, by resolution, affirm, reverse or modify, in whole or in part, any determination of the Director of Development Services. The resolution must contain a finding of facts showing wherein the project meets or fails to meet the requirements of this chapter and the provisions of the design review manual. The decision of the Planning Commission shall be final. Section 19.14.573: Precise plan approval – Public hearings. A public hearing shall be held by the Planning Commission and City Council as provided herein: A. The hearing before the City Council shall be set by the City Clerk within 30 days after Planning Commission action. B. The secretary of the Planning Commission and City Clerk shall publish notice of hearings in a newspaper of general circulation in the City not less than 10 Page 79 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 17 business days prior to the date of said hearings. Failure of owners to receive notice of hearings shall in no way affect the validity of action taken. Any requested exceptions to the requirements of the underlying zone shall be specified in the public hearing notice. Section 19.14.577: Precise plan approval – Modifications of the precise plan. Requests for modifications shall be submitted to the Development Services Director in written form and shall be accompanied by the required filing fee(s) and such additional maps, statements or other information as may be required to support the modification. If the proposed modification is deemed by the Development Services Director to be insignificant in nature, the changes may be approved by the Director subject to the filing of a written report to the Planning Commission and City Council. If, in the opinion of the Director of Development Services, or designee, the proposed changes are significant in scope, the applicant will be notified within 10 business days of the written request that a new application and hearing will be required. Section 19.14.588: Design review – Appeal procedure. A. An interested party may file an appeal from the decision of the Zoning Administrator to the Planning Commission within 10 business days after the decision is made. The appeal shall be in writing and filed with the City Clerk’s Office on forms provided by the Development Services Department for the appeal, and accompanied by the required appeal fee(s), and shall specify therein all of the arguments against the decision of the Planning Commission, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. Upon the hearing of such appeal, the Planning Commission may, by resolution, affirm, reverse or modify, in whole or in part, any determination of the Zoning Administrator. The resolution must contain a finding of facts showing wherein the project meets or fails to meet the requirements of this chapter and the provisions of the design review manual. The decision of the Planning Commission shall be final. [Section 19.14.588 B. remains unchanged.] Page 80 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 18 Section XII. CVMC Section 19.52.040 is hereby amended as follows: Section 19.52.040: Procedures following Planning Commission decision – Appeals. A. After decision by the Planning Commission, copies thereof shall be mailed to the applicant and to any party filing a written notice therefor with the secretary of the Commission or the Director of Development Services, and the application and any supporting documents, together with the written decision of the Planning Commission, shall be forwarded to the City Clerk’s Office. Once a valid application for appeal has been filed, the City Clerk shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled City Council meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. B. If the applicant or any other interested party is dissatisfied with the decision of the Planning Commission, such person may file a notice of appeal within 10 business days from the date such notification of the Planning Commission’s decision was mailed to the applicant. Such notice of appeal shall be filed on forms provided by the Development Services Department with the City Clerk and accompanied by the required appeal fee(s). Such appeal shall be in writing and shall specifically state all bases for why the appellant contends the Planning Commission’s decision was in error, and his reasons therefor, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Section XIII. CVMC Section 19.58.430 is hereby amended as follows: Section 19.58.430: Liquor stores in the C-N zone. Establishments that include the sale of alcoholic beverages for off-site use or consumption may be allowed in the C-N zone upon issuance of a conditional use permit. The Zoning Administrator shall hold a public hearing in accordance with CVMC 19.14.060 through 19.14.090 upon giving notice thereof in accordance with CVMC 19.12.070 and 19.12.080. A conditional use permit shall not be granted unless the Zoning Administrator or other issuing authority finds in his or her sole discretion, and based on substantial evidence in view of the entire record, that all of the facts required by CVMC 19.14.080 exist, and that approval of the permit will not result in an overconcentration of such facilities. Overconcentration may be found to exist based on (A) the number and location of existing facilities; (B) compliance with State Alcohol Beverage Control overconcentration standards in Page 81 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 19 effect at the time of project consideration; (C) the impact of the proposed facility on crime; and (D) the impact of the proposed facility on traffic volume and traffic flow. The Police Department or other appropriate City departments may provide evidence at the hearing. A permit to operate may be restricted by any reasonable conditions including, but not limited to, limitations on hours of operation. The decision of the Zoning Administrator may be appealed. Such appeal shall be directed to the Planning Commission and must be filed in writing on forms provided by the Development Services Department with the City Clerk’s Office within 10 business days after the decision is made, as provided in CVMC 19.14.100, and accompanied by the required appeal fee(s). Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. If a valid appeal application is received within the time limit, the City Clerk’s Office shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The Planning Commission must make the same written findings required of the Zoning Administrator herein in order to grant the permit, and the decision of the Planning Commission shall be final. Section XIV. CVMC Section 19.60.810 is hereby amended as follows: Section 19.60.810: Processing of applications. [Sections 19.60.810 A. through F. remain unchanged.] G. Appeals. All sign permit applications shall be initially reviewed by the Zoning Administrator. An interested party may appeal any sign related decision to the Planning Commission. A written notice of appeal on forms provided by the Development Services Department and accompanied by the required appeal fee(s), must be filed with the City Clerk’s Office within 10 business days of when the decision was delivered or sent to applicant and all known concerned persons, or the last day on which a decision could have been timely rendered. Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who Page 82 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 20 will take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The appellate body must conduct a hearing and consider evidence, and render a written decision. The hearing must follow normal procedures for agendizing and giving public notice. The decision of the Planning Commission shall be final. Unless time is waived by the applicant, any permit or approval on which the City does not render a definite decision within the required time shall be deemed denied, and the time for appeal or filing judicial review shall commence on the last date on which the City could have issued a decision. [Sections 19.60.810 H. through K. remain unchanged.] Section XV. CVMC Section 19.66.220 is hereby amended as follows: Section 19.66.220: Appeals of determinations. The Zoning Administrator’s action with respect to the performance standards procedures may be appealed to the Planning Commission within 10 business days following said action. In the absence of such appeal, the Zoning Administrator’s determination shall be final. Any such appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. If a valid application for appeal on forms provided by the Development Services Department has been filed with the City Clerk’s Office and accompanied by the required appeal fee(s), the City Clerk’s Office shall notify the Director of Development Services who shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Section XVI. CVMC Section 19.83.009 is hereby amended as follows: Section 19.83.009: Public hearing on appealable developments. At least one public hearing shall be held on application for an appealable development, thereby affording any persons the opportunity to appear at the hearing and inform the City of the nature of his or her concerns regarding the project. Such Page 83 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 21 hearing shall occur no earlier than 10 business days following the mailing of the notice required in CVMC 19.83.008 and shall normally be conducted by the Development Services Director or his/her designee. The public hearing may be conducted in accordance with existing local procedures or in any other manner reasonably calculated to give interested persons, including the applicant, an opportunity to appear and present their viewpoints, either orally or in writing. The hearing officer’s decision may be appealed to the City Council within 10 business days following the hearing officer’s decision. Said appeal shall be processed by the City Council in the same manner as a public hearing on appealable development described in this section. Section XVII. CVMC Section 19.89.080 is hereby amended as follows: Section 19.89.080: Abandonment. [Section 19.89.080 A. remains unchanged.] B. Notice, Appeal and Hearing. A written notice of the determination of abandonment, as noted in subsection (A) of this section, shall be sent by certified first class mail, return receipt requested, or personally delivered to the operator of the wireless telecommunications facility at said operator’s business address on file with the City or the operator’s agent for service of process on file with the California Secretary of State. Service shall be effective on the date the notice was signed for or received. If the mailed notice is returned unsigned, service shall be deemed effective three business days after the mailing of a duplicate notice by regular first-class mail. The notice shall explain the consequences of failing to remove the facility and identify all hearing/appeal rights. The operator may appeal in writing on forms provided by the Development Services Department to the City Clerk’s Office, and accompanied by the required appeal fee(s), the determination of abandonment within 10 business days of being served with the notice. The appeal shall include a statement of the reasons supporting the appeal, including a demonstration that any issues being raised were raised before the Zoning Administrator, and supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the Page 84 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 22 appeal hearing shall be scheduled within a reasonable time thereafter. The operator may present at the hearing any relevant evidence on the issue of abandonment. The Planning Commission may affirm, reverse, or modify with or without conditions the determination of abandonment and shall make written findings in support of its decision. The decision of the Planning Commission shall be final. [Section 19.89.080 C. remains unchanged.] Section XVIII. CVMC Chapter 19.92 is hereby amended as follows: Section 19.92.010: Purpose/intent. The purpose and intent of this chapter is to establish compliance mechanisms and standards to ensure public Facilities, infrastructure and services will exist, or concurrently be provided, to meet the demands of infrastructure and climate protection generated by new Development. Section 19.92.020: Definitions. Whenever the following terms are used in this chapter, they shall have the meaning established by this section unless from the context it is apparent that another meaning is intended: “Development” means any land use, building or other alteration of land and construction incident thereto. “Director of Development Services” or “Director” means the Director of the City’s Development Services Department or their designee. “Discretionary Planning Approval” means any permit, entitlement or approval issued under the authority of the zoning and subdivision titles of this Code, and any legislative actions such as Zone Changes, General Plan Amendments, Sectional Planning Area (SPA) Plans or General Development Plan approvals or amendments. “Facilities” means any schools, public safety facilities, infrastructure, civic buildings, corporation yards, park/recreational areas or structures providing for fire, libraries, traffic controls, streets and highways, including curbs, gutters and sidewalks, bridges, overcrossings, street interchanges, flood control or storm drain facilities, sewer facilities, water facilities, lighting facilities or other governmental services, required to be identified in a Public Facilities Financing Plan. “Facility Master Plan” means any adopted master plan for future facility needs, including, but not limited to: sewer, drainage, water, transportation, police, fire and emergency services, libraries, and parks. Page 85 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 23 “Project” means the activity for which either an application for a Sectional Planning Area (SPA) Plan, a Tentative Map (TM), a Conditional Use Permit (CUP), or a similar activity has been or is required to be submitted and which may be subject to discretionary approvals by the City. “Public Facilities Financing Plan (PFFP)” means a Project-specific Public Facilities Financing Plan prepared and approved in accordance with CVMC 19.92.030 through 19.92.120. “SPA Plan” means a Sectional Planning Area Plan, as prescribed in Chapter 19.48 CVMC. “Substantial Compliance” means performance meeting the intent of the parties with respect to the obligations imposed pursuant to the PFFP. Section 19.92.030: Requirements for public facilities financing plans (PFFP) A. Public Facilities Financing Plans. No application for a SPA Plan, or, if a SPA Plan is not required, no application for a Tentative Map, shall be deemed complete or accepted for review unless: 1. It is accompanied by a PFFP which has been approved by the City; or 2. A PFFP, that includes the Project, has already been initiated; or 3. The applicant initiates the preparation of a PFFP. The PFFP may be waived by the City Council upon a showing that there are no public facilities, infrastructure and service needs warranting the preparation of a PFFP. B. No SPA Plan, nor any Tentative Map, shall be approved, or deemed approved, without an approved PFFP To provide consistency and implementation of said plan, the City Council may impose any condition to the approval of a SPA Plan or Tentative Map necessary to implement the PFFP or the [Facility Master Plans.] C. No Final Map shall be approved until all the conditions of the PFFP have been met, or the Project applicant has provided adequate security to the City that said plans will be implemented. D. No other discretionary planning approvals shall be granted unless the City Council finds that the Project is consistent with an approved PFFP and the Facility Master Plans. Page 86 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 24 E. No building permit shall be issued unless the permit is consistent with any applicable PFFP and all applicable fees, including, but not limited to, development impact fees, traffic impact fees, drainage fees, school fees, park fees, sewer fees, water fees, or other development fees adopted by the City Council , have first been paid or provision for their payment has been made to the satisfaction of the City Council. F. No Development shall occur in a PFFP area if the demand for any public facilities, infrastructure and services exceeds capacity and it is not feasible to increase capacity prior to completion of Development unless the means, schedule and financing for increasing the capacity are established through the execution of a binding agreement providing for installation and maintenance of such Facilities or improvements in advance of the City’s phasing schedule. Section 19.92.050: Public facilities financing plan (PFFP) contents. The required contents of a Public Facilities Finance Plan (PFFP), including a fiscal impact analysis, shall be prescribed by the Director of Development Services. Unless there are non-economic benefits to the City or other overriding circumstances, the fiscal analysis/economic impact report shall be provided for each proposed Project, and, the Project shall be conditioned to provide funding for periods where expenditures exceed projected revenues. Section 19.92.060: Public facilities financing plan (PFFP) preparation. A. A PFFP may be processed concurrently with the SPA Plan or Tentative Map. B. A PFFP may be initiated by filing an application with the Director of Development Services. The applicant shall pay a deposit at the time any application for a PFFP is accepted to cover the City’s costs for reviewing the plan. C. A PFFP for a Project shall be prepared by the applicant and its qualified consultants, according to the procedures established by this chapter. D. The cost of PFFP preparation shall be borne by the applicant. Section 19.92.080: Public facilities financing plan (PFFP) implementation. A. The Director of Development Services shall ensure that PFFPs are prepared for all SPA Plans and Tentative Maps or equivalent Projects pursuant to Chapter 19.48 CVMC. Page 87 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 25 B. In the event that the Director of Development Services or their designee finds that the Project is not in Substantial Compliance with the PFFP as modified or amended, the developer may be deemed to be in default and the corresponding discretionary permit approval may be affected. Section 19.92.090: Public facilities finance plan (PFFP) amendment. A. Adoption of a PFFP does not establish any entitlement or right to any particular General Plan or zoning designation or any particular development proposal. B. If the Director of Development Services determines that such events or changed circumstances adversely affect the health, safety or welfare of the City, the City may require the amendment, modification, suspension, or termination (hereinafter “change”) of an approved PFFP. If the City requires such change, the City shall (1) give notice to applicant or owner of (a) the City’s intended action to change the PFFP, and (b) the reasons and factual basis for the City’s determination; (2) give notice to the applicant or owner, at least 30 days prior to the hearing date, of the time and place of the hearing; and (3) hold a City Council hearing on the determination, at which hearing the applicant or owner shall have the right to present witnesses, reports, and oral and written testimony. Prior to approving any change, the City shall find that (1) the circumstances were unknown or that the circumstances have changed; and (2) the health, safety or welfare of the community requires the change of the PFFP. This provision shall neither limit nor expand the rights of liabilities of either of the parties with respect to the PFFP or the Development of the property. If, after notice and hearing, the Council determines that a deficiency exists, then prior approval of the associated discretionary action may be affected until an amendment to the applicable PFFP mitigating the deficiency is approved by the City Council. C. The City Council may initiate an amendment to any PFFP at any time if, in its discretion, it determines that an amendment is necessary to provide adequate Facilities and improvements and subsequent permits will be conditioned on conformance. Section 19.92.130: Implementing procedures. The City Council may adopt any procedures it deems necessary to implement this chapter. Section 19.92.140: Council actions, fees, notice. A. Whenever this chapter requires or permits an action or decision of the City Council, that action or decision shall be accomplished by resolution and/or ordinance, as appropriate. Page 88 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 26 B. The City Council shall establish application and processing fees for th e submission and processing of Public Facilities Financing Plans (PFFPs). C. Whenever written notice is required to be given to property owners under this chapter, the notice shall be mailed by first class mail to the project applicant and owners shown on the last equalized assessment roll. Section 19.92.150: Facility master plans. The City shall maintain a series of Facility Master Plans, as may be amended from time to time, for infrastructure and services throughout the City including, but not limited to, police, fire and emergency services, libraries, parks and recreation, wastewater, drainage and circulation. In anticipation of service demands, these master plans shall contain an analysis of existing Facilities, existing and projected demand, and proposed maintenance and capital improvement projects. They shall also identify financing plans to accomplish identified improvements. Section XIV. CVMC Section 21.12.030 is hereby amended as follows: Section 21.12.030: Appeals. An interested party may appeal in writing the decision of the Zoning Administrator to the City Clerk’s Office within 10 business days after the date of the decision. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application has been received, the City Clerk’s Office shall notify the Director of Development Services who shall take no longer than 30 calendar days to set the matter for public hearing and placed on an agenda for a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. The appeal shall address in writing each of the findings for denial on a form prescribed by the City and shall submit a fee pursuant to CVMC 21.12.020 for appeals of historic preservation matters. The decision of the Planning Commission shall be considered final. Section XX. 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 Cit y Council of the City of Chula Vista hereby declares that it would have adopted each section, sentence, clause or phrase of this Page 89 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Second Reading and Adoption B - 27 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 XXI. 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 XXII. Effective Date This Ordinance shall take effect and be in force on the thirtieth (30th) day after its final passage. Section XXIII. 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: Laura C. Black, AICP Jill D.S. Maland Director of Development Services Lounsbery Ferguson Altona & Peak Acting City Attorney Attachments: 1 – Planning Commission Resolution No. 2023-26 2 – Draft Amendments to PFFP Guidelines Page 90 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Attachment 1 RESOLUTION NO. 2023-26 RESOLUTION OF THE CITY OF CHULA VISTA PLANNING COMMISSION APPROVING AMENDMENTS TO THE GENERAL PLAN, POLICY DOCUMENTS AND THE CHULA VISTA MUNICIPAL CODE PERTAINING TO THE DISSOLUTION OF THE GROWTH MANAGEMENT OVERSIGHT COMMISSION AND APPEAL PROCEDURES FOR DISCRETIONARY PLANNING APPLICATIONS, AMENDMENTS TO THE PUBLIC FACILITIES FINANCING PLAN GUIDELINES, AND AN UPDATE TO MASTER FEE SCHEDULE NO. 14-100 (GENERAL PLANNING FEES). WHEREAS, on November 8, 2022, the City Council approved revisions to the General Rules and structure/scope for various City Boards and Commissions, including the dissolution of the Growth Management Oversight Commission (“GMOC”); and WHEREAS, parts of the Chula Vista General Plan, Chula Vista Municipal Code (“CVMC”), and the City’s Public Facilities Financing Plan (“PFFP”) Guidelines, were in need of amendment both as a result of the GMOC’s dissolution and to streamline residential development within the City; and WHEREAS, necessary amendments to the Chula Vista Municipal Code (“CVMC”) have been identified to help further clarify permit processes and regulations; and WHEREAS, City Staff has identified several titles within the CVMC in need of a consistent application process by which to appeal discretionary planning applications such as Design Review Permits, Conditional Use Permits, Variances, etc.; and WHEREAS, the Director of Development Services has reviewed the proposed activit ies described in the related Staff Report for compliance with the California Environmental Quality Act (“CEQA”) and has determined that the activities are not a “Project” as defined under Section 15378(b)(1) of the State CEQA Guidelines because the proposed activities consist of updates and modifications to the City General Plan and CVMC related to state law compliance and ministerial adjustments for consistency purposes that will not result in a significant physical change in the environment. Therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines, the activity is not subject to CEQA; and WHEREAS, if the activities described in the related Staff Report for this matter are deemed to be a “Project”, then the Director of Development Services has reviewed the proposed activities for compliance with CEQA and has determined that the actions qualif y for the “common sense” exemption under State CEQA Guidelines Section 15061(b)(3). The actions involve administrative updates to the CVMC relating to appeal processes for discretionary decisions and eliminating submittals that are already required for CEQA review, as well as updates to some City General Plan Elements to ensure compliance with State law. The actions of updating and modifying the CVMC and General Plan with procedural and clerical changes will not result in an intensification of uses or a change in development potential within the City above what already is permitted under the existing land use and zoning policies of the CVMC and under State law. Based on an analysis DocuSign Envelope ID: DA299BE4-A271-4A5A-A5C9-3606F81B7917 Page 91 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Planning Commission Resolution 2023-26 December 13, 2023 Page 2 of the nature and type of these procedural and clerical changes to the CVMC and the General Plan, the actions will not have a significant effect on the environment; and WHEREAS City staff recommends that the Planning Commission approve the proposed amendments to the Chula Vista General Plan’s Land Use, Housing, Environmental, and Growth Management Elements, the Chula Vista General Plan Implementation Plan, CVMC Chapter 19.92, the City’s PFFP Guidelines, Titles 1, 10, 12, 15, 17, 18, 19, and 21 of the CVMC, and the City’s Master Fee Schedule; and WHEREAS, a hearing time and place was set by the Planning Commission to consider the CVMC amendments and notice of said hearing, together with its purpose, was given by its publication in a newspaper of general circulation in the City, at least ten (10) days prior to the hearing; WHEREAS, after review and consideration of the Staff Report and related materials for this matter, the Planning Commission held a duly noticed public hearing to consider said CVMC amendments on November 8, 2023 at 6pm in the Council Chambers, 276 Fourth Avenue, before the Planning Commission and the hearing was thereafter closed. NOW, THEREFORE, BE IT RESOLVED by the Planning Commission hereby recommends that the City Council of the City of Chula Vista adopt the proposed amendments to the Chula Vista General Plan Land Use, Housing, and Environmental Elements, Chula Vista General Plan Implementation Plan, CVMC Chapter 19.92, the City’s PFFP Guidelines, and, remove the General Plan Growth Management Element, pertaining to the dissolution of the GMOC, and amendments to the City’s Master Fee Schedule and Titles 1, 10, 12, 15, 17, 18, 19, and 21 of the CVMC pertaining to the Development Services Department appeals and processing. BE IT FURTHER RESOLVED THAT that the Planning Commission hereby recommends that the City Council of the City of Chula Vista find that the proposed amendments to the CVMC identified in this Resolution and related Staff Report are not a “Project” as defined under Section 15378(b)(1) of the State CEQA Guidelines because the proposed activities consist of updates and modifications to the City General Plan and CVMC related to state law compliance and ministerial adjustments for consistency purposes that will not result in a significant physical change in the environment. Therefore, pursuant to Section 15060(c)(3) of the State CEQA Guidelines, the activity is not subject to CEQA. Further, if the activities described in this Resolution and the related Staff Report for this matter are deemed to be a “Project”, then the actions qualify for the “common sense” exemption under State CEQA Guidelines Section 15061(b)(3) for the reasons stated above. DocuSign Envelope ID: DA299BE4-A271-4A5A-A5C9-3606F81B7917 Page 92 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Planning Commission Resolution 2023-26 December 13, 2023 Page 3 BE IT FURTHER RESOLVED THAT a copy of this Resolution be transmitted to the City Council. Presented by Approved as to form By: Laura C. Black, AICP for Jill D.S. Maland Director of Development Services Lounsbery Ferguson Altona & Peak Acting City Attorney PASSED AND APPROVED BY THE PLANNING COMMISSION OF THE CITY OF CHULA VISTA, CALIFORNIA, this 13th day of December, 2023, by the following vote, to-wit: AYES: Burroughs, Combs, De La Rosa, Felber, Leal, Torres, Zaker NOES: ABSENT: ABSTAIN: ___________________________ Michael De La Rosa, Chair ATTEST: ___________________________ Mariluz Zepeda, Secretary DocuSign Envelope ID: DA299BE4-A271-4A5A-A5C9-3606F81B7917 For Page 93 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Attachment #6 – Draft Amendments to CVMC Chapter 19.92 Sections: 19.92.010 Purpose/intent. 19.92.020 Definitions. 19.92.030 Requirements for public facilities financing plans (PFFP), air quality improvement plans, and water conservation plans. 19.92.040 Threshold standards for external facilities and services. 19.92.050 Public facilities financing plan (PFFP) contents. 19.92.060 Public facilities financing plan (PFFP) preparation. 19.92.080 Public facilities financing plan (PFFP) implementation. 19.92.090 Public facilities finance plan (PFFP) amendment. 19.92.130 Implementing procedures. 19.92.140 Council actions, fees, notice. 19.92.150 Facility master plans. 19.92.010 Purpose/intent. The purpose and intent of this chapter is to establish compliance mechanisms and standards to ensure public Facilities, infrastructure and services will exist, or concurrently be provided, to meet the demands of infrastructure and climate protection generated by new Development. 19.92.020 Definitions. Whenever the following terms are used in this chapter, they shall have the meaning established by this section unless from the context it is apparent that another meaning is intended: “Air Quality Improvement Plan (AQIP)” means a project-specific Air Quality Improvement Plan prepared and approved in accordance with CVMC 19.92.030 “Development” means any land use, building or other alteration of land and construction incident thereto. “Director of Development Services” or “Director” means the Director of the City’s Development Services Department or their designee. “Discretionary Planning Approval” means any permit, entitlement or approval issued under the authority of the zoning and subdivision titles of this Code, and any legislative actions such as Zone Changes, General Plan Amendments, Sectional Planning Area (SPA) Plans or General Development Plan approvals or amendments. Page 94 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda “Facilities” means any schools, public safety facilities, infrastructure, civic buildings, corporation yards, park/recreational areas or structures providing for fire, libraries, traffic controls, streets and highways, including curbs, gutters and sidewalks, bridges, overcrossings, street interchanges, flood control or storm drain facilities, sewer facilities, water facilities, lighting facilities or other governmental services, required to be identified in a Public Facilities Financing Plan. “Facility Master Plan” means any adopted master plan for future facility needs, including, but not limited to: sewer, drainage, water, transportation, police, fire and emergency services, libraries, and parks. “Project” means the activity for which either an application for a Sectional Planning Area (SPA) Plan, a Tentative Map (TM), a Conditional Use Permit (CUP), or a similar activity has been or is required to be submitted and which may be subject to discretionary approvals by the City. “Public Facilities Financing Plan (PFFP)” means a Project-specific Public Facilities Financing Plan prepared and approved in accordance with CVMC 19.92.030 through 19.92.120. “SPA Plan” means a Sectional Planning Area Plan, as prescribed in Chapter 19.48 CVMC. “Substantial Compliance” means performance meeting the intent of the parties with respect to the obligations imposed pursuant to the PFFP. “Threshold Standards” means those certain standards identified in CVMC sections specifying the Facilities and services required to support the present and future needs of the City. “Water Conservation Plan” means a Project-specific Water Conservation Plan prepared and approved in accordance with CVMC 19.92.030. 19.92.030 Requirements for public facilities financing plans (PFFP), air quality improvement plans, and water conservation plans. A. Public Facilities Financing Plans. No application for a SPA Plan, or, if a SPA Plan is not required, no application for a Tentative Map, shall be deemed complete or accepted for review unless: 1. It is accompanied by a PFFP which has been approved by the City; or 2. A PFFP, that includes the Project, has already been initiated; or 3. The applicant initiates the preparation of a PFFP. The PFFP may be waived by the City Council upon a showing that there are no public facilities, infrastructure and service needs warranting the preparation of a PFFP. Page 95 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda B. Air Quality Improvement Plans. No application for a SPA Plan, or, if a SPA Plan is not required, no application for a Tentative Map shall be deemed complete or accepted for review unless: 1. It is accompanied by an Air Quality Improvement Plan that has been approved by the City; or 2. An Air Quality Improvement Plan, that includes the Project, has already been initiated; or 3. The applicant initiates the preparation of an Air Quality Improvement Plan in such form and/or containing such information, including maps, drawings, diagrams, etc., as the Director of Development Services shall require. C. Water Conservation Plans. No application for a SPA Plan, or, if a SPA Plan is not required, no application for a Tentative Map shall be deemed complete or accepted for review unless: 1. It is accompanied by a Water Conservation Plan that has been approved by the City; or 2. A Water Conservation Plan, that includes the Project, has already been initiated; or 3. The applicant initiates the preparation of a Water Conservation Plan in such form and/or containing such information, including maps, drawings, diagrams, etc., as the Director of Development Services shall require. BD. No SPA Plan, nor any Tentative Map, shall be approved, or deemed approved, without an approved PFFP, an approved Air Quality Improvement Plan and an approved Water Conservation Plan. To provide consistency and implementation of said plans, the City Council may impose any condition to the approval of a SPA Plan or Tentative Map necessary to implement the PFFP, the Air Quality Improvement Plan, the Water Conservation Plan, or the [Facility Master Plans.] CE. No Final Map shall be approved until all the conditions of the PFFP, the Air Quality Improvement Plan, the Facility Master Plans, and the Water Conservation Plan have been met, or the Project applicant has provided adequate security to the City that said plans will be implemented. DF. No other discretionary planning approvals shall be granted unless the City Council finds that the Project is consistent with an approved PFFP, an Air Quality Improvement Plan,and the Facility Master Plans., and a Water Conservation Plan. EG. No building permit shall be issued unless the permit is consistent with any applicable PFFP, the Air Quality Improvement Plan and the Water Conservation Plan and all applicable fees, including, but not limited to, development impact fees, traffic impact fees, drainage fees, school fees, park fees, sewer fees, water fees, or other development fees adopted by the City Council, have first been paid or provision for their payment has been made to the satisfaction of the City Council. FH. No Development shall occur in a PFFP area if the demand for any public facilities, infrastructure and services exceeds capacity and it is not feasible to increase capacity prior to Page 96 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda completion of Development unless the means, schedule and financing for increasing the capacity are established through the execution of a binding agreement providing for installation and maintenance of such Facilities or improvements in advance of the City’s phasing schedule. 19.92.040 Threshold standards for external facilities and services. The thresholds within this section shall be considered when preparing PFFPs, AQIPs, and Water Conservation Plans. A. Air Quality and Climate Protection. 1. Goal. To maintain and improve the ambient air quality enjoyed by the residents of Chula Vista. 2. Objectives. a. In an effort to address the impacts of transportation and building-related energy use at both the regional and local level, the City shall endeavor to implement applicable air quality improvement strategies and programs that meet or exceed those established through the current adopted Regional Air Quality Strategy (RAQS), California’s Global Warming Solutions Act of 2006 (AB32), and the Chula Vista climate protection program. b. In an effort to maintain and improve ambient air quality, the City shall endeavor to locally mitigate any new stationary source development project’s criteria air pollutant emissions that exceed local air quality standards. 3. Threshold Standard. The City shall pursue a greenhouse gas emissions reduction target consistent with appropriate City climate change and energy efficiency regulations in effect at the time of Project application for SPA Plans or for the following, subject to the discretion of the Director of Development Services: a. Residential projects of 50 or more residential dwelling units; b. Commercial projects of 12 or more acres (or equivalent square footage); c. Industrial projects of 24 or more acres (or equivalent square footage); or d. Mixed use projects of 50 equivalent dwelling units or greater. B. Water. 1. Goal. To ensure that adequate supplies of potable and recycled water are available to the City of Chula Vista. Page 97 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2. Objectives. a. Ensure that adequate storage, treatment, and transmission facilities are constructed concurrently with planned growth. b. Ensure that water quality standards requirements are met during growth and construction. c. Encourage diversification of water supply, conservation and use of recycled water where appropriate and feasible. 3. Threshold Standards. a. Adequate water supply must be available to serve new Development. Therefore, developers shall provide the City with a service availability letter from the appropriate water district for each Project. (Ord. 3539 § 1(Y), 2022). 19.92.050 Public facilities financing plan (PFFP) contents. The required contents of a Public Facilities Finance Plan (PFFP), including a fiscal impact analysis, drawings, diagrams, etc., shall be prescribed by the Director of Development Services. Unless there are non-economic benefits to the City or other overriding circumstances, tThe fiscal analysis/economic impact report shall be provided for each proposed Project, and, the Project shall be conditioned to provide funding for periods where expenditures exceed projected revenues. 19.92.060 Public facilities financing plan (PFFP) preparation. A. A PFFP, an Air Quality Improvement Plan, and a Water Conservation Plan may be processed concurrently with the SPA Plan or Tentative Map. B. A PFFP may be initiated by filing an application with the Director of Development Services. The applicant shall pay a deposit at the time any application for a PFFP is accepted to cover the City’s costs for reviewing the plan. C. A PFFP for a Project shall be prepared by the applicant and its qualified consultantsCity, or a consultant selected by the City, according to the procedures established by this chapter. D. The cost of PFFP preparation shall be borne by the applicant. advanced to the City by the applicant and any participating owner or owners prior to PFFP preparation. Page 98 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 19.92.080 Public facilities financing plan (PFFP) implementation. A. The Director of Development Services shall ensure that PFFPs are prepared for all SPA Plans and Tentative Maps or equivalent Projects pursuant to Chapter 19.48 CVMC. B. In the event that the Director of Development Services or their designee finds that the Project is not in Substantial Compliance with the PFFP as modified or amended, the developer may be deemed to be in default and the corresponding discretionary permit approval continued issuance of building or development permits may be affected. 19.92.090 Public facilities finance plan (PFFP) amendment. A. Adoption of a PFFP does not establish any entitlement or right to any particular General Plan or zoning designation or any particular development proposal. B. If the Director of Development Services determines that such events or changed circumstances adversely affect the health, safety or welfare of the City, the City may require the amendment, modification, suspension, or termination (hereinafter “change”) of an approved PFFP. If the City requires such change, the City shall (1) give notice to applicant or owner of (a) the City’s intended action to change the PFFP, and (b) the reasons and factual basis for the City’s determination; (2) give notice to the applicant or owner, at least 30 days prior to the hearing date, of the time and place of the hearing; and (3) hold a City Council hearing on the determination, at which hearing the applicant or owner shall have the right to present witnesses, reports, and oral and written testimony. Prior to approving any change, the City shall find that (1) the circumstances were unknown or that the circumstances have changed; and (2) the health, safety or welfare of the community requires the change of the PFFP. This provision shall neither limit nor expand the rights of liabilities of either of the parties with respect to the PFFP or the Development of the property. If, after notice and hearing, the Council determines that a deficiency exists, then prior approval of the associated discretionary action may be affectedno further building or development permits shall be issued within the affected area and Development shall cease until an amendment to the applicable PFFP mitigating the deficiency is approved by the City Council. C. The City Council may initiate an amendment to any PFFP at any time if, in its discretion, it determines that an amendment is necessary to provide adequate Facilities and improvements and subsequent permits will be conditioned on conformance. Page 99 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 19.92.130 Implementing procedures. The City Council may adopt any procedures it deems necessary to implement this chapter, including procedures for administering Threshold Standards or Facility Master Plans. (Ord. 3539 § 1(Y), 2022). 19.92.140 Council actions, fees, notice. A. Whenever this chapter requires or permits an action or decision of the City Council, that action or decision shall be accomplished by resolution and/or ordinance, as appropriate. B. The City Council shall establish application and processing fees for the submission and processing of Public Facilities Financing Plans (PFFPs). C. Whenever written notice is required to be given to property owners under this chapter, the notice shall be mailed by first class mail to the project applicant and owners shown on the last equalized assessment roll. 19.92.150 Facility master plans. The City shall maintain a series of Facility Master Plans, as may be amended from time to time, for infrastructure and services throughout the City that regard the Threshold Standards in this chapter, including, but not limited to, police, fire and emergency services, libraries, parks and recreation, wastewater, drainage and circulation. In anticipation of service demands, these master plans shall contain an analysis of existing Facilities, existing and projected demand, and proposed maintenance and capital improvement projects. They shall also identify financing plans to accomplish identified improvements. Page 100 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 1 Attachment #7 – Draft Amendments to PFFP Guidelines Public Facility Finance Plans Guidelines A Public Facility Finance Plan (PFFP) is a document that details infrastructure requirements for particular projects, and how the improvements will be funded. The Chula Vista Municipal Code (19.92.0309.080) requires Public Facilities Finance Plans (PFFPs) for Sectional Planning Area (SPA) plans and Tentative Maps.; Tthey are also required for development proposals of 50 dwelling units or more, and commercial or industrial projects with 50 equivalent dwelling units (EDUs) or greater. I. Initiation and Preparation Typically, PFFPs are prepared early in the development review process, at the time a SPA plan is prepared; or, if no SPA is involved, as a part of the Tentative Map application. In some instances, the city may choose to incorporate the PFFP into other documents that meet the basic policy and technical requirements of a PFFP. For example, a PFFP could be incorporated into a Specific Plan or an area - specific financing plan sponsored by the city. In some instances, the city will sponsor preparation of a PFFP; for example, when the geographic coverage involved encompasses a large area with multiple landowners and no single development project. The procedures for such city-sponsored PFFPs will be similar to developer-sponsored PFFPs. Adoption of a PFFP does not establish any entitlement or right to any particular gGeneral pPlan or zoning designation, or any particular development proposal. A PFFP may be initiated by filing an application with the Director of Development Services. The applicant shall pay a deposit at the time any application for a PFFP is accepted, and the PFFP shall be prepared by the city, or a consultant selected by the city (which is typical), according to the procedures established by this section. In some instances, developer cooperation in the preparation of PFFPs (e.g., infrastructure design and cost estimating) is acceptable. In the case of a city-prepared PFFP, the city may recover the cost of PFFP preparation by adding the cost to the impact fees (or other financing mechanisms) created to fund the required public facility improvements. II.I. Content PFFP content requirements are outlined below. A. A PFFP shall include a complete description of the proposed development project, and a complete description of all public facilities included within the boundaries of the plan and off- site facilities that will service the development., as defined by the Development Services DirectorDirector of Development Services. It shall also include a description of the individual and cumulative impacts of the proposed development on the community as it relates to the Growth Management Program, the specific facility master plans. and the threshold standards. B. The PFFP shall consist of maps, graphs, tables, and narrative text and shall be based upon the General Plan, Sectional Planning Area (SPA), and zoning applicable within the area of impact. It Page 101 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2 shall be consistent with the Growth Management Program and threshold standards and shall implement the Growth Management Program within the area. C. The boundaries of the PFFP shall be established by the city at the time a SPA plan or Tentative Map is submitted by the applicant. The boundaries shall be based upon the impact created by the project on existing and future need for facilities. The project boundaries will correlate the proposed development project with existing and future development proposed for the area of impact to provide for the economically efficient and timely installation of both on-site and off- site facilities and improvements required by the development. In establishing the boundaries for the PFFP, the city shall be guided by the following considerations: 1. Service areas or drainage or sewer basins that serve the project; 2. Extent to which facilities or improvements are in place or available; 3. Ownership of property; 4. Project impact on public facilities relationships, especially the impact on the city’s planned major circulation network; 5. Special district service territories; and 6. Approved fire, drainage, sewer, or other facilities or improvement master plans. D. The boundaries shall be established by resolution after a public hearing, notice of which is given pursuant to CVMC 19.12.070. ED. The PFFP shall show how and when the facilities and services necessary to accommodate development within the area will be installed or and financed: 1. Police; 2. Fire/Emergency Medical Services; 3. Schools; 4. Libraries; 5. Parks and Recreation; 6. Water; 7. Sewer; 8. Drainage; and 9. Traffic; Page 102 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 3 FE. The PFFP shall include the following information with regard to each facility and service listed in Section E, above: 1. List of Facilities and Services. A list or schedule of facilities and service requirements correlated to individual development projects within the area. 2. Inventory. An inventory of present and future requirements for each facility and service. based upon the threshold standards. The inventory shall include life cycle cost (LCC) projections for each element in Section E, above, as they pertain to city fiscal responsibility. The LCC projections shall be for estimated life cycle for each element analyzed. The model used shall be able to identify and estimate initial and recurring life cycle costs for the above elements. Because requirements for certain facilities and services may overlap plan boundaries, the plan shall address the need for coordination and shall propose a coordination plan for facilities and services extending from one project boundary area to another. Cost estimates for funding public facilities and services directly related to the impact created by the project as well as for proposals for funding existing deficiencies required by the project prior to the phasing schedule set forth in the Growth Management Program shall be included. It must be shown that development in the area will not reduce the existing facilities or services capabilities within the project boundaries or create facilities or improvements shortages in other areas or reduce capability in any area below the threshold standards, which are established pursuant to CVMC 19.09.040-050. The growth inducing impact of the out-of-area improvements shall be assessed and mitigation provided, if appropriate, to the satisfaction of the city council. 3. Phasing Schedule. A phasing schedule that complies with the adopted development phasing policy as set forth in the Growth Management Program and the threshold standards, which establishes the timing for installation or provision for facilities and services required by the project. The phasing schedule shall ensure that development of one area will not utilize more than the area’s pro rata share of facility or service capacity within the projected service area of a facility unless sufficient capacity is ensured for other areas at the time of development. The phasing schedule shall include a schedule of development within the area and when facilities are built in relation to the unitsa cash flow analysis for financing of facilities and services for the PFFP area. The phasing schedule shall identify periods where the demand for facilities and improvements may exceed the capacity and provide a plan for eliminating the shortfall. If a project cannot demonstrate consistency with the phasing schedule, the PFFP must demonstrate, to the city’s satisfaction, how facilities required for the project in advance of the phasing schedule as set forth in the master plan will be provided. If no facility master plan or threshold standard exists for a particular facility, the PFFP for the project must demonstrate how that facility will be provided and financed in a phased and timely manner. 4. Financing Plan. A financing plan establishing specific methods of funding each facility and service identified in the PFFP, which allocates the cost to the various properties within the plan area. The plan shall identify those facilities and services that would otherwise be provided as a requirement of processing a development project (i.e., requirements imposed as a condition of a development permit) or provided by the developer in order to establish consistency with the General Plan, Growth Management Program or facility master plans, and those facilities and improvements for which new funding methods shall be sufficient to Page 103 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 4 ensure that funds are available to construct or provide facilities or services when required by the phasing schedule for the project. Where facilities or services are required for property within the PFFP area, other than the project, the phasing plan shall identify those other properties and the PFFP for each property shall be coordinated. Coordination, however, shall not require identical funding methods. GF. The PFFP shall establish the proportionate share of the cost of facilities and services identified in the Growth Management Program and the facility master plans attributable to the development of each property in the PFFP area. HG. In the event that an applicant provides private financing for public facilities or services to service a project in advance of the normal time frame for constructing such facilities, the approval of credits against any city fees for such advanced private financing may be postponed until the estimated time of such construction as specified in the specific facility master plan or the city’s capital improvement program budget. In lieu of a facility master plan phasing schedule, such determination shall be made by the cCity cCouncil after reviewing information from the Development Services DirectorDirector of Development Services, City Engineer, Finance Director, and Deputy City Manager. In no event shall a developer receive interest on funds for providing public facilities or services in advance of the city’s schedule. The developer shall also become responsible for the maintenance and operation costs associated with the early construction of said facility. No repayment will be made to the developer for the funds provided for maintenance and operational costs. All repayments will be considered in accordance with the city’s projected construction dates for said facilities. I. Assessment Special tax districts requested by the developer shall not be given credit for facility fees when a facility is constructed above the standards established by the respective facility master plan or standards imposed as conditions on the approval of the project by the Ccity cCouncil. JH. A fiscal impact analysis (FIA)/economic impact report shall be provided identifying capital budget impacts on the city as well as maintenance and operation costs for each proposed phase of development. The report shall include an analysis of the project impact on school districts and water agencies as well as the life cycle analysis set forth in Section F.2, above. Each year during the development of the project, the Development Services DirectorDirector of Development Services may require the applicant to provide the city with an updated fiscal impact report reflecting the actual revenue and expenditure impacts based upon the development of the project. The project shall be conditioned to provide funding for periods where expenditures exceed projected revenues. K. Developer contributions shall not be required as a source of funding for that proportion of the cost of any facility or service that is needed to reach threshold standards due to the demands created by existing development. (Ord. 2790, 1999; Ord. 2448 § 2, 1991). III.II. Public Facilities Finance Plan Amendment Page 104 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 5 The cCity cCouncil may initiate an amendment to any PFFP at any time if, in its discretion, it determines that an amendment is necessary to provide adequate facilities and improvements, and subsequent permits will be conditioned on conformance. An applicant can also initiate an amendment to a PFFP that was originally adopted for their project, following the same procedures as those for establishing a new PFFP. Page 105 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Attachment #8 Chapter 1.50 REASONABLE ACCOMMODATIONS FOR EQUAL ACCESS TO HOUSING Sections: 1.50.090 Appeal of determination. 1.50.090 Appeal of determination. Within 10 business days of the issuance of a written determination, the applicant or other interested party may file an appeal throughwith on forms provided by the Development Services Department with the City Clerk’s Office, from the determination of the Zoning Administrator or other discretionary reviewing authority to the City Council, in compliance with CMVC Chapter 19.14 CVMC. or the Building Official consistent with CVMC 15.06.070, as applicable. Said appeal shall specify therein that the decision of the Zoning Administrator was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. An applicant may also request reasonable accommodation in the procedure by which an appeal will be conducted. If an applicant needs assistance in filing an appeal, the DepartmentCity Clerk’s Office shall provide the assistance that is necessary to ensure that the appeal process is accessible to the applicant. Chapter 9.40 HOUSING ASSISTANCE Sections: 9.40.030 Application for conversion or discontinuance of mobilehome or trailer park. 9.40.030 Application for conversion or discontinuance of mobilehome or trailer park. [Section 9.40.030 A thru C. remains unchanged.] D. Appeal From the Decision From the Director of Development Services, or Designee. Page 106 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 1. An appeal from the decision of the Director of Development Services, or designee, on an application for conversion or discontinuance of a mobilehome or trailer park may be taken to the City Council within 60 calendar15 days following the decision of the Director of Development Services, or designee. The appeal may be taken by the applicant, any governmental body or agency, any owner of real property located within the City or any resident of the City. The appeal shall be in writing on a form provided by the Development Services Department prescribed form and filed with the City Clerk. The appeal shall specify wherein there was an error in the decision of the Director of Development Services, or designee. Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. If an appeal is filed within the time specified, it shall automatically stay proceedings in the matter until a determination is made by the City Council. 2. Upon the filing of the appeal, the City Clerk’s OfficeDirector of Development Services, or designee, shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled City Council meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing dateshall set the matter for public hearing before the City Council at the earliest practicable date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The public hearing shall be noticed and held in accordance with the provisions of this code. Notice of time and place and purpose of such hearing shall be given as follows: a. By at least one publication in the official newspaper of the City, not less than 10 business days prior to the date of the hearing; b. By mailing notices at least 10 business days prior to the date of such hearing to the mobilehome or trailer park owner and to all mobilehome or trailer owner/occupants of the mobilehome or trailer park. 3. Upon the hearing of the appeal, the City Council may by resolution affirm, reverse or modify in whole or in part any determination of the Director of Development Services, or designee, subject to the same limitations as are placed upon the Director of Development Services, or designee, by law and the provisions of this code. The resolution must contain a finding of fact showing wherein the proposed development meets or fails to meet the requirements herein. 4. The decision of the City Council shall be final unless appealed to a court of competent jurisdiction. [Section 9.40.030 E thru G. remains unchanged.] Page 107 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Chapter 10.84 PARKING RESTRICTED ON PRIVATE PROPERTY Sections: 10.84.020 Parking prohibited on portions of private property. 10.84.020 Parking prohibited on portions of private property. [Section 10.84.020 A thru C. remains unchanged.] D. When parking is not available under subsections (A) through (C) of this section, then consideration shall be given by the Zoning Administrator to select a parking area on the opposite side of the lot or other appropriate locations on the property as per CVMC 19.62.110. Any interested party may appeal the decision of the Zoning Administrator to the Planning Commission. Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. The appeal shall be on a form provided by the Development Services Department and filed in writing with the City Clerk’s OfficeDevelopment Services Department within 10 business days of the Administrator’s action, and accompanied by the required appeal fee(s). Once a valid application for appeal has been filed, the City Clerk’s Office shall alertnotify the Director of Development Services who Development Services Department shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Unmounted campers and camper shells may not be placed in the front yard, driveway, or unscreened (by solid six-foot-high fence or hedge) exterior side yard setback area for a period of more than 72 hours. Chapter 12.24 DEDICATIONS Sections: Page 108 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 12.24.110 Installation of public improvements – Appeal of Director of Development Services’ ruling – Application and fees. 12.24.110 Installation of public improvements – Appeal of Director of Development Services’ ruling – Application and fees. If the Director of Development Services denies the request for a waiver of obligation to install improvements, a written application for appeal on forms provided by the Development Services Department shall be filed with the City Clerk’s OfficeDevelopment Services Department to appeal such denial and shall be accompanied by the required appeal fee(s). Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City.; Tthe appeal shall be heard by the Planning Commission. Said application must be filed within 10 business days ofrom the date on which the Director of Development Services made their ruling, be accompanied by the required appeal fee, and include a written statement specifically describing all of the baseis of the appeal and shall provide supporting documentation. Following the filing of a complete application, including all associated fees, the City Clerk’s Office shall alertnotify the Director of Development Services who Development Services Department shall take no longer than 30 calendar days to set a hearing before the Planning Commission at a regularly scheduled meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Chapter 15.04 EXCAVATION, GRADING, CLEARING, GRUBBING AND FILLS Sections: 15.04.260 Appeals – Time limit for filing – Form. 15.04.260 Appeals – Time limit for filing – Form. An interested party may appeal to the Planning Commission from any decision of the City Engineer within 10 business days after said decision. Appeals shall be in writing and shall state the specific nature of the appeal. Said appeal shall specify therein that the decision was in error and specifically Page 109 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Appeals shall be on forms provided by the Development Services Department and filed with the City Clerk’s OfficeDevelopment Services Department and accompanied by the required appeal fee(s). Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development ServicesDevelopment Services Department who shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Chapter 17.28 UNNECESSARY LIGHTS Sections: 17.28.040 Lighting plans – Approval required when. 17.28.040 Lighting plans – Approval required when. All lighting plans in multiple-family, commercial and industrial zones shall be submitted to the Zoning Administrator for approval prior to installation thereof. Should the City disapprove of the plans, a written appeal by an interested party shall be on forms provided by the Development Services Department and may be filed with to the City Clerk’s OfficeDevelopment Services Department and accompanied by the required appeal fee(s). Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development ServicesDevelopment Services Department who shall take no longer than 30 calendar days to set the matter for a public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Page 110 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Chapter 18.16 FINAL MAPS Sections: 18.16.220 Approval – Appeal. 18.16.220 Approval – Appeal. The decision of the Director of Development Services and the City Engineer may be appealed by an interested party to the Planning Commission. A written notice of appeal shall be on forms provided by the Development Services Department and must be filed with the City Clerk’s OfficeDevelopment Services Department and accompanied by the required appeal fee(s) within 10 business days of the date the Planning Commission was noticed that the final map was under review for final approval. Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development ServicesDevelopment Services Department who shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Chapter 18.18 TENTATIVE PARCEL MAPS Sections: 18.18.090 Appeals from determinations – Procedure. 18.18.090 Appeals from determinations – Procedure. If an interested party is dissatisfied with any determination of the City Engineer as to whether the property division qualifies as a parcel map division, or as to any requirements or conditions which they seek to impose, they may then appeal the determination within 10 business days to the Page 111 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Planning Commission by filing a written statement on forms provided by the Development Services Department with the City Clerk’s OfficeDevelopment Services Department and accompanied by the required appeal fee(s) stating with specificity all of the reasons for appeal and providing supporting evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development ServicesDevelopment Services Department who shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Chapter 18.20 PARCEL MAPS Sections: 18.20.210 Approval – Appeal – Procedure. 18.20.210 Approval – Appeal – Procedure. If an interested party is dissatisfied with any determination of the City Engineer as to whether the property division qualifies as a parcel map division, or as to any requirements or conditions imposed, they may then appeal the determination within 10 business days to the Planning Commission by filing a written statement on forms provided by the Development Services Department with the City Clerk’s OfficeDevelopment Services Department stating with specificity all of the reasons for appeal (with supporting evidence), and accompanied by the required appeal fee(s). Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s Office shall notify the Director of Development Services Development Services Department who shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Page 112 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Chapter 19.12 LEGISLATIVE ZONING PROCEDURE Sections: 19.12.070 Hearings – Notice required – Methods and additional contents of notice. Section 19.12.070 Hearings – Notice required – Methods and additional contents of notice. Notices of the time, place and purpose of such hearing shall be given in the following manner: A. By at least one publication in a newspaper of general circulation in the City as provided in the Charter, not less than 10 business days prior to the date set for hearing; B. By mailing a postal card or letter to all of the owners of property within 500 feet of the exterior boundary of the property involved, as well as the owner of the subject property, said owners being established for this purpose by an examination of the assessment records held in the office of the City Clerk; provided, however, that in such cases where the ownership has recently changed and such knowledge is available to the Development Services Director, notice shall also be sent in this manner to the current occupants of said property. The notice boundary may be increased at the discretion of the Development Services Director; or C. In certain instances where mailed notice of hearing is deemed to be impractical, notice may be effected by posting upon the subject property, and within the area of the subject property, a notice bearing the same information as contained in the notice to be mailed. Said notice shall be mailed or posted at least 10 business days prior to the date set for the public hearing, and the Development Services Director or his authorized representative shall sign an affidavit of mailing to be held in the record. It is further provided that no defect or irregularity in the giving of such notice shall invalidate the public hearing if said interested parties receive actual notice by any other means and are aware of the matter to be considered at the public hearing. D. Notices shall be mailed to any individuals who have requested in writing to be provided public notices. A fee, in the amount as presently designated or as may be in the future amended in the master fee schedule, shall accompany each request. Page 113 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Chapter 19.14 ADMINISTRATIVE PROCEDURES – PERMITS – APPLICATIONS – HEARINGS – APPEALS Sections: 19.14.050 Public hearing – Mandatory when – Consolidation of public hearings for multiple permit applications. 19.14.100 Conditional use permit – Appeals of the Zoning Administrator decision – Procedure generally. 19.14.110 Conditional use permit – Appeals of Planning Commission decision – Form – Contents – Effect of filing. 19.14.130 Conditional use permit – Appeals – City Council action – Resolution contents and transmittal. 19.14.180 Variance – Public hearing – Procedure – Notice required. 19.14.210 Variance – Zoning Administrator authority – Notice of action. 19.14.240 Variance – Appeals – Procedure generally – Effect of filing – Public hearing. 19.14.270 Procedures for enforcing conditional use permits and variances. 19.14.370 Planned unit development – Public hearing – Time – Notice required. 19.14.480 Site plan and architectural approval – Building Inspector authority – Appeals. 19.14.486 Landscape plan approval – Application – Accompanying documents – Fee. 19.14.490 Home occupations – Permit required when – Restrictions and requirements – Revocation when – Appeals. 19.14.573 Precise plan approval – Public hearings. 19.14.577 Precise plan approval – Modifications of the precise plan. 19.14.588 Design review – Appeal procedure. 19.14.050 Public hearing – Mandatory when – Consolidation of public hearings for multiple permit applications. A. The Zoning Administrator may, at her/his option, refer any of the matters on which she/he is authorized to rule and/or issue a permit to the Planning Commission for review. In addition, a project applicant may request that any such matter be referred directly to the Planning Commission for action. In such cases, a public hearing as provided herein shall be mandatory. B. An interested party who disagrees with the ruling of the Zoning Administrator may appeal such ruling to the Planning Commission. within 10 business days from the date on which the decision was made. Said appeal shall be in writing, accompanied by the required appeal fee(s), and filed with the City Clerk upon forms provided by the Development Services Department and shall specify therein Page 114 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda that the decision of the Zoning Administrator was in error and identify the facts and circumstances on which the claim of error is based, with supporting evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. If an appeal is filed within the time limit specified, it shall automatically stay the proceedings in the matter until a determination is made by the Planning Commission. Upon the filing of the appeal, the City Clerk’s Office shall notify the Director of Development Services who will set the matter for public hearing, giving the same notice as required in CVMC 19.12.070 and 19.12.080. The Zoning Administrator shall transmit to the Planning Commission a copy of its decision and findings, minutes of the hearing and all other evidence, maps, papers and exhibits upon which the Zoning Administrator made its decision. The hearing on said appeal shall be processed by the City Clerk in the same manner as a permit within the original jurisdiction of the Zoning Administrator. In such cases, a public hearing as provided herein shall be mandatory. Once a valid, written application for appeal has been filed with the City Clerk’s Office, the Development Services Department shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. C. When an applicant applies for more than one permit or other approval for a single development, the applications shall be consolidated for processing and shall be reviewed by a single decision maker or decision-making body. The consolidated application shall be heard by the decision maker or decision-making body associated with the highest level action among the applications to be considered. The findings required for approval of each permit shall be considered individually, consistent with CVMC 19.14.080, 19.14.190 and/or 19.14.582(E) as applicable. For projects subject to design review and that are consolidated to a higher decision-making level, one member of the Planning Commission with design expertise may advise the staff on the design aspects of the project prior to the public hearing. The recommendations will be included in the staff report to the highest level decision-making body. 19.14.100 Conditional use permit – Appeals of the Zoning Administrator decision – Procedure generally. The applicant or other interested persons may appeal the decision of the Zoning Administrator to the Planning CommissionCity Council within 10 business days from the date on which the decision was made. Said appeal shall be in writing, accompanied by the required appeal fee(s), and filed with the City Clerk’s Office upon forms provided by the Development Services Department and shall specify therein that the decision of the Zoning Administrator was in error and identify the facts and Page 115 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda circumstances on which the claim of error is based. , with supporting evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. If an appeal is filed within the time limit specified, it shall automatically stay the proceedings in the matter until a determination is made by the Planning CommissionCity Council. Upon the filing of the appeal, the City Clerk’s OfficeZoning Administrator shall alert notify the Director of Development Services, or designee, who will set the matter for public hearing, giving the same notice as required in CVMC 19.12.070 and 19.12.080. The Zoning Administrator shall transmit to the Planning CommissionCity Council a copy of its decision and findings, minutes of the hearing and all other evidence, maps, papers and exhibits upon which the Zoning Administrator made its decision. The hearing on said appeal shall be processed by the City Clerk in the same manner as a conditional use permit within the original jurisdiction of the Zoning Administrator. Upon the filing of the valid appeal, the City Clerk’s Office shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision on the appeal by the Planning CommissionCity Council shall be final. 19.14.110 Conditional use permit – Appeals of Planning Commission decision – Form – Contents – Effect of filing. The applicant or other interested person may appeal from the decision of the Planning Commission granting or denying any conditional use permit to the City Council within 10 business days from the date on which the decision was made. Said appeal shall be in writing, accompanied by the required appeal fee(s), and filed with the City Clerk’s Office upon forms provided by the Development Services Department and shall specify therein that the decision of the Planning Commission was in error and specifically identify all of the facts and circumstances on which the claim of error is based., supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. If an appeal is filed within the time limit specified, it automatically stays proceedings in the matter until a determination is made by the City Council. Where an application is neither approved nor denied by the Planning Commission due to a failure to achieve a majority vote, the applicant shall have the right to a rehearing at the next Planning Commission meeting with an opportunity to appeal the decision of the rehearing to the City Council, or may appeal directly to the City Council without payment of additional fees. The choice of alternatives shall be at the discretion of the applicant. All other proceedings pertaining to appeals shall continue to apply. Page 116 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 19.14.130 Conditional use permit – Appeals – City Council action – Resolution contents and transmittal. Upon the hearing of such appeal, the City Council may, by resolution, affirm, reverse or modify in whole or in part any determination of the Zoning Administrator or Planning Commission subject to the same limitations and requirements of findings as are placed upon the Zoning Administrator or Planning Commission by this chapter. The resolution must contain a finding of facts showing wherein the conditional use meets or fails to meet the requirements of CVMC 19.14.080. The decision by the City Council on the appeal is final. Not later than 10 business days following the adoption of said resolution, the City Clerk shall transmit a copy of the resolution and finding to the Director of Development Services, and shall mail a copy to the applicant. 19.14.180 Variance – Public hearing – Procedure – Notice required. Except for applications for limited relief as described in CVMC 19.14.030(B), a public hearing for a variance shall be held by the Zoning Administrator in the following manner: The Zoning Administrator shall publish a notice of hearing in a newspaper of general circulation in the City not less than 10 business days prior to the date of said hearing. In addition to the notice in the newspaper, notice of hearing may be made, at the option of the Zoning Administrator, by mail to owners of record of surrounding property within 500 feet of the property for which said variance is requested. Failure of owners to receive notice of hearing shall in no way affect the validity of action taken. 19.14.240 Variance – Appeals – Procedure generally – Effect of filing – Public hearing. An interested party may appeal the decision of the Zoning Administrator to the Planning Commission, within 10 business days from the date on which said decision was made. Said appeal shall be written and filed with the City Clerk’s OfficeDevelopment Services Department on forms provided by the Development Servicessaid Department, and shall specify therein that the decision of the Zoning Administrator was in error and specifically identify all of the facts and circumstances on which claim of error is based (supported by evidence), and shall be accompanied by the required appeal fee(s). Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed with the City Clerk’s Office shall notify, the Director of Development Services who will Department shall take no longer Page 117 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting, and in compliance with noticing requirements set forth herein in CVMC 19.12.070 and 19.12.080. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Where an application for a variance is included in a consolidated hearing and is neither approved nor denied by the Planning Commission, due to failure to achieve a majority vote, the applicant shall have the right to a rehearing at the next Planning Commission meeting. All other proceedings pertaining to appeals shall continue to apply. 19.14.270 Procedures for enforcing conditional use permits and variances. A. The Director of Development Services shall investigate evidence presented to him or her to determine whether probable cause exists that any of the following has occurred or is substantially likely to occur regarding any variance or conditional use permit: 1. Fraud. That the variance or conditional use permit approval was obtained by fraud; 2. Non-Use. That the uses and privileges authorized by the variance or conditional use permit have not been initiated in the manner and within the 36 months specified in CVMC 19.14.260, and no extension of time has been granted; 3. Abandonment. That the property or any structure thereon subject to the variance or conditional use permit has been abandoned or the use authorized has ceased for a period exceeding 12 months; 4. Violation of Conditions. That the variance or conditional use permit is being or has been exercised contrary to the conditions of said permit, or in violation of any applicable licenses, permits, regulations or laws; 5. Violation of Use. That the variance or conditional use permit is being or has been exercised in a manner other than or in excess of the right granted; 6. Public Health, Safety and Welfare. That the use for which the variance or conditional use permit was obtained is being or has been exercised so as to be detrimental to the public health, safety, or general welfare or so as to constitute a public nuisance. Page 118 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda If the Director of Development Services has probable cause to believe that any of the foregoing has occurred or is substantially likely to occur, he/she shall issue a recommendation as to what action should be taken. The recommendation shall be submitted to the individual or body which issued the conditional use permit or variance (hereinafter referred to as “permitting authority”). B. The permitting authority shall hold a public hearing to consider the Director of Development Services recommendation regarding the conditional use permit or variance. C. Notice of any public hearing to consider violations of variances and conditional use permits shall be given consistent with the procedures set forth in CVMC 19.12.070. The notice shall contain the following information: 1. The date, time, and place of the public hearing; 2. The identity of the permitting authority; 3. A general explanation of the matter to be considered including the nature of the recommendation by the Director of Development Services, or designee; 4. A general description, either in text or by diagram, of the location of the property. D. Procedures for Public Hearing. The following procedures shall be followed for public hearings provided for in this section: 1. Recommendation and Reports. The Director of Development Services recommendation and any accompanying staff reports, if any, shall be made available to the public prior to commencement of the public hearing provided for herein. 2. Recordation. The public hearing may, at the written request of an interested party, be recorded by either a recording device or stenographer. 3. Testimony. Any witness offering evidence or testimony may be placed under oath and subject to cross-examination at the request of the permitting authority or any party interested in the matter which is the subject of the hearing. 4. Relevancy. Evidence or testimony must be relevant or material to the fact or facts at issue. Any relevant evidence may be admitted if it is the sort of evidence upon which responsible persons are accustomed to rely in the conduct of serious affairs, regardless of the existence of any common law or statutory rule which would otherwise make improper the admission of such evidence in civil actions. All irrelevant and unduly repetitious evidence may be excluded. 5. Hearsay. Hearsay evidence shall be admissible, but the fact that evidence is hearsay may affect the weight given to the evidence in reaching any determination of any question of fact. Hearsay evidence may be used for the purpose of supplementing or explaining other evidence, Page 119 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda but may not be sufficient by itself to support a decision unless it would be admissible over objection in civil actions. 6. Privileges. The rules regarding privileges shall be effective to the extent they are raised and otherwise required by law to be recognized at the hearing. 7. Procedural Compliance. The hearing need not be conducted under rules relating to evidence. Failure of the permitting authority to strictly enforce rules of evidence and reject certain matters which may be irrelevant or immaterial shall not be sufficient to constitute reversible error on the part of the permitting authority if basic procedural due process is granted to all affected parties and a fair hearing has been conducted. Errors which do not affect substantial rights will be disregarded and no presumption of prejudicial error is raised by the failure to strictly adhere to procedural requirements. E. The permitting authority, after public hearing, shall make a finding or findings whether any or all of the factors articulated in subsection (A) of this section apply to a conditional use permit or variance. F. Based on its findings, the permitting authority may do any one or a combination of the following: 1. Maintain the existing variance or conditional use permit without modification; 2. Modify or delete any provision or condition of the variance or conditional use permit; 3. Establish any new condition or provision; 4. Revoke the variance or conditional use permit; 5. Establish any fine or charge which may be paid in lieu of revocation, modification, or imposition of a condition. G. Written Decision. The permitting authority must issue a written decision explaining the factual basis for its decision. Notice of the permitting authority’s written decision and action shall be mailed to the affected party and any interested party requesting such notice consistent with CVMC 19.12.070. Said notice shall be filed with the City Clerk. H. Right of Appeal. Within 10 business days after the notice of the written decision is filed, unless the date is waived by the appellate body upon a showing of good cause, any interested party who participated in the public hearing or the Director of Development Services may appeal the written decision to the appropriate appellate bodyCity Clerk’s Office as follows: 1. If the permitting authority is the Zoning Administrator, appeal shall be filed with theheard by the Planning Commission. The Planning Commission decision is finalCity Council; Page 120 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2. If the permitting authority is the Planning Commission, an appeal shall be filed withheard by the City Council; 3. If the permitting authority is the City Council, no further appeal is available the City Council’s decision is final. I. The appeal shall include a statement of the reasons supporting the appeal, including a demonstration that any issues being raised were raised during the public hearing. J. After an appeal is filed and accepted with the City Clerk’s Office, the appellate body shall hold a public hearing consistent with the provisions set forth in this section. The appellate body may, in its discretion, consider additional evidence not presented at the public hearing. K. The appellate body may reverse, uphold, or modify in any manner a written decision or take any action consistent with this section, after public hearing, upon a written appellate decision. Notice of the written appellate decision shall be mailed to the affected party and any interested party requesting such notice consistent with CVMC 19.12.070. Said notice shall be filed with the City Clerk. L. Appeal to City Council. If the appellate body is not the City Council, an appeal may be filed by any interested party who participated in the appeal or by the Director of Development Services who may request an appeal to the City Council within 10 business days after the notice of the written appellate decision is filed, unless waived by the City Council upon a showing of good cause. The appeal shall include a statement of the reasons supporting the appeal, including a demonstration that any issues being raised were raised during the public hearing. ML. Any written decision regarding an appeal shall be final on the eleventh day after its filing, unless an appeal is timely filed, if such an appeal is available to an issuing body, or a waiver is obtained. All written decisions issued by the City Councilappellate body shall become final when notice of such written decision is filed. NM. After the written decision becomes final, it shall be filed with the Director of Development Services and a copy may be filed with the county recorder of San Diego County. Uses and structures must be brought into compliance with the final decision or otherwise brought into compliance with the underlying zone. Where a variance or conditional use permit is revoked, it shall become void. 19.14.370 Planned unit development – Public hearing – Time – Notice required. A public hearing shall be held by the Planning Commission and City Council as provided herein: Page 121 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda A. Such hearing before the City Council shall be set for public hearing by the City Clerk within 230 calendar days. The meeting date shall also be no more than 60 calendar days after the Planning Commission’s action; B. The secretary of the Commission and City Clerk shall publish notice of hearings in a newspaper of general circulation in the City not less than 10 business days prior to the date of said hearings. Failure of owners to receive notice of hearings shall in no way affect the validity of action taken. 19.14.480 Site plan and architectural approval – Building Inspector authority – Appeals. A. Following site plan and architectural approval by the Zoning Administrator as provided in this chapter, a copy of the decision resolution of the Zoning Administrator shall be filed with the Development Services Director and mailed to the applicant. Appeals from determinations by the Zoning Administrator shall be sentfiled in writing by an interested party to the City Clerk’s OfficeDevelopment Services Department for a hearing before the Planning Commission. In the absence of such request being filed within 10 business days after determination by the Zoning Administrator, the determination shall be final. B. A written appeal shall be filed by the applicant or an interested party with the City Clerk’s OfficeDevelopment Services Department on a form required by the Development Services Department Director, and to be accompanied by the nonrefundable required fee therefor. The appeal shall include a statement of the specific reasons and evidence supporting the appeal, including a demonstration that any issues being raised were raised before the Zoning Administrator. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s OfficeDevelopment Services Department shall notify the Director of Development Services who will take no longer than 30 days to set the matter for public hearing at a regularly scheduled Planning Commission meeting, and giving the same notice as required in CVMC 19.12.070 and 19.12.080. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. C. Upon the hearing of an appeal, the Planning Commission may, by resolution, affirm, reverse or modify, in whole or in any part, any determination of the Zoning Administrator. The resolution shall contain findings of facts showing wherein the project meets or fails to meet any applicable site plan and architectural principles in CVMC 19.14.470, the provisions of the design manual or any design standards required for the project, or other nonconformity with the requirements of this chapter. A copy of the decision resolution of the Planning Commission shall be filed with the Development Page 122 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Services DepartmentDirector, and mailed to the applicant. The decision of the Planning Commission shall be final. 19.14.486 Landscape plan approval – Application – Accompanying documents – Fee. A. Applications for landscape plan approval shall be made to the Zoning Administrator, and shall be accompanied by the drawings and information prescribed by the landscape manual, or other landscape regulations. Each application shall also be accompanied by the required filing fee(s). B. Appeal. The Zoning Administrator shall approve, conditionally approve or deny landscape plans. An interested party may appeal a denial or conditions imposed upon approval by filing a written appeal to the City Clerk’s OfficeDevelopment Services Department, in accordance with CVMC 19.14.050, within 10 business days of receipt of notification of denial or conditional approval from the Zoning Administrator, . Such shall be in writing on the form promulgated by the Director of Development Services Department, accompanied by the required fee(s), and shall specify thwherein the action(s) of the Zoning Administrator is inconsistent with the landscape manual and/or other applicable ordinances, manuals or policies of the City, with supporting evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s OfficeDevelopment Services Department shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The Planning Commission may grant, conditionally grant, or deny the appeal. The decision of the Planning Commission shall be final, and shall be based upon the landscape manual, and/or other applicable ordinances, manuals, or policies of the City. 19.14.490 Home occupations – Permit required when – Restrictions and requirements – Revocation when – Appeals. In any R zone, a customary home occupation may be permitted subject to a home occupation permit granted by the Development Services Director which is merely incidental and secondary to residence use. Each such permit shall be accompanied by the required filing fee(s). The following are typical home occupations: fine arts, handicrafts, dressmaking, millinery, laundering, preserving, Page 123 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda home cooking, route salesman; or office of a doctor, dentist, lawyer, architect, engineer, teacher or member of another recognized profession. The home occupation shall not: A. Involve the use of power equipment using motors of more than a total of one horsepower capacity or the equivalent thereof, unless a use permit therefor shall have been issued by the Planning Commission; B. Generate vehicular traffic in excess of that associated with a residential use; C. Create a nuisance by reason of noise, dust, odor, vibration, fumes, smoke, electrical interference, or other causes; D. Permit any external display of products, merchandise, or any sign to identify the home occupation. A home occupation permit shall be revoked by the Director of Development Services upon violation of any requirement of this chapter, or of any condition or limitation of any permit issued, unless such violation is corrected within 15 days of notice of such violation, and any such permit may be revoked for repeated violation of the requirements of this section or of the conditions of such permit. In the event of denial of any permit, or the revocation thereof, or of objection to the limitations placed thereon, an interested party may then appeal the determination within 10 business days to the Planning Commission by filing a written statement on forms provided by the Development Services Department with the City Clerk’s OfficeDevelopment Services Department, and accompanied by the required appeal fee(s), , stating with specificity all of the reasons for appeal, and supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s OfficeDevelopment Services Department shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing in front of the Planning Commission. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. Upon the hearing of such appeal, the Planning Commission may, by resolution, affirm, reverse or modify, in whole or in part, any determination of the Director of Development Services. The resolution must contain a finding of facts showing wherein the project meets or fails to meet the requirements of this chapter and the provisions of the design review manual. The decision of the Planning Commission shall be final. Page 124 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 19.14.573 Precise plan approval – Public hearings. A public hearing shall be held by the Planning Commission and City Council as provided herein: A. The hearing before the City Council shall be set by the City Clerk within 30 days after Planning Commission action. B. The secretary of the Planning Commission and City Clerk shall publish notice of hearings in a newspaper of general circulation in the City not less than 10 business days prior to the date of said hearings. Failure of owners to receive notice of hearings shall in no way affect the validity of action taken. Any requested exceptions to the requirements of the underlying zone shall be specified in the public hearing notice. 19.14.577 Precise plan approval – Modifications of the precise plan. Requests for modifications shall be submitted to the Development Services Director in written form and shall be accompanied by the required filing fee(s) and such additional maps, statements or other information as may be required to support the modification. If the proposed modification is deemed by the Development Services Director to be insignificant in nature, the changes may be approved by the Director subject to the filing of a written report to the Planning Commission and City Council. If, in the opinion of the Director of Development Services, or designee, the proposed changes are significant in scope, the applicant will be notified within 10 business days of the written request that a new application and hearing will be required. 19.14.588 Design review – Appeal procedure. A. An interested party may file an appeal from the decision of the Zoning Administrator to the Planning Commission within 10 business days after the decision is made. The appeal shall be in writing and filed with the City Clerk’s Office Development Services Department on forms prescribed provided by the Development Services Department for the appeal, and accompanied by the required appeal fee(s), and shall specify therein all of the arguments against the decision of the Planning Commission, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s OfficeDevelopment Services Department shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days Page 125 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. Upon the hearing of such appeal, the Planning Commission may, by resolution, affirm, reverse or modify, in whole or in part, any determination of the Zoning Administrator. The resolution must contain a finding of facts showing wherein the project meets or fails to meet the requirements of this chapter and the provisions of the design review manual. The decision of the Planning Commission shall be final. B. An interested party may file an appeal from the decision of the Planning Commission to the City Council within 10 business days after the decision is made. The appeal shall be in writing and filed with the City Clerk’s Office on forms prescribed for the appeal, and shall specify therein the argument against the decision of the Planning Commission. Once a valid application for appeal has been filed with the City Clerk’s Office, the City Clerk Development Services Department shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled City Council meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. Upon the hearing of such appeal, the City Council may, by resolution, affirm, reverse or modify, in whole or in part, any determination of the Planning Commission or Zoning Administrator for minor projects. The resolution must contain a finding of facts showing wherein the project meets or fails to meet the requirements of this chapter and the provisions of the design review manual. Upon the hearing of such appeal, the City Council may, by resolution, affirm, reverse or modify, in whole or in part, any determination of the Planning Commission. The resolution must contain a finding of facts showing wherein the project meets or fails to meet the requirements of this chapter and the provisions of the design review manual. The decision of the City Council shall be final. Chapter 19.52 T – TIDELANDS ZONE Sections: 19.52.040 Procedures following Planning Commission decision – Appeals. 19.52.040 Procedures following Planning Commission decision – Appeals. A. After decision by the Planning Commission, copies thereof shall be mailed to the applicant and to any party filing a written notice therefor with the secretary of the Commission or the Director of Development ServicesPlanning and Building, and the application and any supporting documents, Page 126 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda together with the written decision of the Planning Commission, shall be forwarded to the City Clerk’s Office. , who Once a valid application for appeal has been filed with the City Clerk’s Office, the City Clerk Development Services Department shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled City Council meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter.has thirty (30) calendar days to generally set the public hearing date upon the agenda of a regular meeting of the City Council. Additionally, that date shall occur within sixty (60) calendar days of receiving the valid application.shall cause same to be placed upon the agenda of a regular meeting of the City Council within 15 days after receipt thereof. B. If the applicant or any other interested party is dissatisfied with the decision of the Planning Commission, such person may file a notice of appeal within 10 business days from the date such notification of the Planning Commission’s decision was mailed to the applicant. Such notice of appeal shall be filed on forms provided by the Development Services Department with the City Clerk and accompanied by the required appeal fee(s). Such appeal shall be in writing and shall specifically state all bases for whywherein the appellant contendsfeels the Planning Commission’s decision was in error, and his reasons therefor, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Chapter 19.58 USES Sections: 19.58.430 Liquor stores in the C-N zone. 19.58.430 Liquor stores in the C-N zone. Establishments that include the sale of alcoholic beverages for off-site use or consumption may be allowed in the C-N zone upon issuance of a conditional use permit. The Zoning Administrator shall hold a public hearing in accordance with CVMC 19.14.060 through 19.14.090 upon giving notice thereof in accordance with CVMC 19.12.070 and 19.12.080. A conditional use permit shall not be granted unless the Zoning Administrator or other issuing authority finds in his or her sole discretion, and based on substantial evidence in view of the entire record, that all of the facts required by CVMC 19.14.080 exist, and that approval of the permit will not result in an overconcentration of such facilities. Overconcentration may be found to exist based on (A) the number and location of existing facilities; (B) compliance with State Alcohol Beverage Control overconcentration standards in effect Page 127 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda at the time of project consideration; (C) the impact of the proposed facility on crime; and (D) the impact of the proposed facility on traffic volume and traffic flow. The Police Department or other appropriate City departments may provide evidence at the hearing. A permit to operate may be restricted by any reasonable conditions including, but not limited to, limitations on hours of operation. The decision of the Zoning Administrator may be appealed. Such appeal shall be directed to the Planning Commission and must be filed in writing on forms provided by the Development Services Department with the City Clerk’s OfficeDevelopment Services Department within 10 business days after the decision is made, as provided in CVMC 19.14.100, and accompanied by the required appeal fee(s). Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City.. If a valid appeal application is received within the time limit, the City Clerk’s OfficeDevelopment Services Department shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The Planning Commission must make the same written findings required of the Zoning Administrator herein in order to grant the permit, and the decision of the Planning Commission shall be final. Chapter 19.60 SIGNS Sections: 19.60.810 Processing of applications. 19.60.810 Processing of applications. A. Time. Unless otherwise stated, all time periods in this section are calendar days. B. Completeness. The Zoning Administrator shall determine whether the application contains all the information and items required by this chapter. If it is determined that the application is not complete, the applicant shall be notified in person or in writing within 30 days of the date of receipt of the application that the application is not complete and the reasons therefor, including any additional information necessary to render the application complete. The applicant shall then have 30 calendar Page 128 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda days to submit additional information to render the application complete; failure to do so within the 30-day period shall render the application void. Within 30 days following the receipt of an amended application or supplemental information, the Director, or designee, shall again determine whether the application is complete in accordance with the procedures set forth in this subsection. Evaluation and notification shall occur as provided above until such time as the application is found to be complete (the “application date”). C. Disqualification. No sign application will be approved if: 1. The applicant has installed a sign in violation of the provisions of this chapter and, at the time of submission of the application, each illegal sign has not been legalized, removed or included in the application; 2. There is any other existing code violation located on the site of the proposed sign(s) (other than an illegal or nonconforming sign that is not owned or controlled by the applicant and is located at a different business location on the site from that for which the approval is sought) which has not been cured at the time of the application; 3. The sign approval application is substantially the same as an application previously denied, unless: (a) 12 months have elapsed since the date of the last application, or (b) new evidence or proof of changed conditions is furnished in the new application; or 4. The applicant has not obtained any applicable required use permit or conditional use permit. D. Method of Review. The method of review is standard compliance review. The Zoning Administrator, or the Planning Commission or City Council on appeal, shall determine whether approval shall be granted for any sign based on its conformance with the regulations and design standards set forth herein and in the City design manual, without consideration of the graphic design of the copy or message displayed on the sign. E. Certain Signs Calling for Design Review. Decisions under this standard shall be guided by the following principles and shall not be based on the graphic design of the copy or message displayed on the signs: 1. Fluorescent paints shall be avoided; 2. Sign copy should not extend beyond the edges of the background area on which it is applied; 3. The copy area of signs, including logos, emblems, crests and pictorial representations, should not exceed 50 percent of the background area on which it is applied; 4. The height of a pole sign should not be less than twice its width; Page 129 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 5. The height of the bottom of the signboard of a pole sign should be less than three times but more than twice the width of the signboard; 6. The two sides of a rectangular pole sign should have a ratio of three to five; 7. The base of each freestanding sign shall be landscaped in accordance with the landscaping manual of Chula Vista, without consideration of the graphic design of the copy or message displayed on the sign. F. Decisions. Where an application is denied by the Zoning Administrator, or the Planning Commission or City Council on appeal, the applicant shall be informed in writing of the changes necessary in order to approve the application. If the applicant chooses to amend the application to reflect said changes, the Zoning Administrator shall grant the permit within 30 days of when a complete and conforming application is submitted. The Zoning Administrator shall render a decision on a sign permit within 30 days of the date of application. G. Appeals. All sign permit applications shall be initially reviewed by the Zoning Administrator. An interested party may appeal any sign related decision to the Planning Commission. A written notice of appeal on forms provided by the Development Services Department, and accompanied by the required appeal fee(s), must be filed with the City Clerk’s OfficeDevelopment Services Department within 10 business days of when the decision was delivered or sent to applicant and all known concerned persons, or the last day on which a decision could have been timely renderedmade. Said appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed, the City Clerk’s OfficeDevelopment Services Department shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. The appellate body must conduct a hearing and consider evidence, and render a written decision. The hearing must follow normal procedures for agendizing and giving public notice. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Unless time is waived by the applicant, any permit or approval on which the City does not render a definite decision within the required time shall be deemed denied, and the time for appeal or filing judicial review shall commence on the last date on which the City could have issued a decision. Page 130 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda H. Judicial Review. Following final decision by the City Council, any concerned person may seek judicial review of the final decision on a sign permit application pursuant to California Code of Civil Procedure Section 1094.8. I. Multiple Sign Applications. When an application proposes two or more signs, the application may be granted either in whole or in part, with separate decisions as to each proposed sign. When an application is denied in whole or in part, the Director’s or their designee’s written notice of determination shall specify the grounds for such denial. J. Revocation or Cancellation. The Director, or designee, shall revoke any approval upon refusal of the holder thereof to comply with the provisions of this chapter after written notice of noncompliance and at least 15 days’ opportunity to cure. K. Permits Issued in Error. Any approval or permit issued in error may be summarily revoked by the City upon written notice to the holder of the reason for the revocation. Chapter 19.66 PERFORMANCE STANDARDS Sections: 19.66.220 Appeals of determinations. 19.66.220 Appeals of determinations. The Zoning Administrator’s action with respect to the performance standards procedures may be appealed to the Planning Commission within 10 business days following said action. In the absence of such appeal, the Zoning Administrator’s determination shall be final. Any such appeal shall specify therein that the decision was in error and specifically identify all the facts and circumstances on which claim of error is based, supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. If a valid application for appeal on forms provided by the Development Services Department has been filed with the City Clerk’s Office and accompanied by the required appeal fee(s), the City Clerk’s Office shall notify the Director of Development Services Development Services Department who shall take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The decision of the Planning Commission shall be final. Page 131 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Chapter 19.83 BAYFRONT SPECIFIC PLAN – COASTAL DEVELOPMENT PERMIT PROCEDURES Sections: 19.83.009 Public hearing on appealable developments. 19.83.009 Public hearing on appealable developments. At least one public hearing shall be held on application for an appealable development, thereby affording any persons the opportunity to appear at the hearing and inform the City of the nature of his or her concerns regarding the project. Such hearing shall occur no earlier than 10 businesscalendar days following the mailing of the notice required in CVMC 19.83.008 and shall normally be conducted by the Development Services Director or his/her designee. The public hearing may be conducted in accordance with existing local procedures or in any other manner reasonably calculated to give interested persons, including the applicant, an opportunity to appear and present their viewpoints, either orally or in writing. The hearing officer’s decision may be appealed to the City Council within 10 business days following the hearing officer’s decision. Said appeal shall be processed by the City Council in the same manner as a public hearing on appealable development described in this section. Chapter 19.89 WIRELESS TELECOMMUNICATIONS FACILITIES Sections: 19.89.080 Abandonment. 19.89.080 Abandonment. A. Prompt Removal. Notwithstanding provisions to the contrary found elsewhere in this title, a wireless telecommunications facility is considered abandoned and shall be promptly removed as provided herein if it ceases to provide wireless telecommunication services for 180 or more days. Such removal shall be in accordance with proper health and safety requirements and all ordinances, rules, and regulations of the City. Page 132 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda B. Notice, Appeal and Hearing. A written notice of the determination of abandonment, as noted in subsection (A) of this section, shall be sent by certified first class mail, return receipt requested, or personally delivered to the operator of the wireless telecommunications facility at said operator’s business address on file with the City or the operator’s agent for service of process on file with the California Secretary of State. Service shall be effective on the date the notice was signed for or received. If the mailed notice is returned unsigned, service shall be deemed effective three business days after the mailing of a duplicate notice by regular first-class mail. The notice shall explain the consequences of failing to remove the facility and identify all hearing/appeal rights. The operator may appeal in writing on forms provided by the Development Services Department to the City Clerk’s Office, and accompanied by the required appeal fee(s), Development Services Department the determination of abandonment within 10 business days of being served with the notice. The appeal shall include a statement of the reasons supporting the appeal, including a demonstration that any issues being raised were raised before the Zoning Administrator, and supported by evidence. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application for appeal has been filed with the City Clerk’s Office, the City Clerk’s OfficeDevelopment Services Department shall notify the Director of Development Services who will take no longer than 30 calendar days to set the matter for public hearing at a regularly scheduled Planning Commission meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. If, in the exercise of reasonable diligence, the City is not able under the circumstances to schedule the appeal hearing within 60 days after the date of the valid appeal application, then the appeal hearing shall be scheduled within a reasonable time thereafter. The operator may present at the hearing any relevant evidence on the issue of abandonment. The Planning Commission may affirm, reverse, or modify with or without conditions the determination of abandonment and shall make written findings in support of its decision. The decision of the Planning Commission shall be final. C. Nuisance. Any wireless telecommunications facility determined to be abandoned and not removed within 30 calendar days from the date of notice, or where an appeal has been timely filed, within such time as prescribed by the Planning Commission following its final determination of abandonment, shall be in violation of this chapter, and the operator of such facility shall be subject to the penalties prescribed in this title and CVMC Title 1. Facilities determined to be abandoned and not removed within the time limits prescribed herein, are deemed to be a nuisance, and notwithstanding the procedure described in subsection (B) of this section, may be abated as a nuisance in any manner provided by law. Page 133 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Chapter 21.12 NOTICE, FEES AND APPEALS Sections: 21.12.030 Appeals. 21.12.030 Appeals. An interested party may appeal in writing the decision of the Zoning Administrator to the City Clerk’s OfficeDevelopment Services Department within 10 business days after the date of the decision. Failure to timely file an appeal with the City Clerk and/or to identify with specificity all facts and circumstances on which the appeal is based shall result in the appeal being rejected and not processed by the City. Once a valid application has been received, the City Clerk’s Office shall notify the Director of Development Services Development Services Department who shall take no longer than 30 calendar days to set the matter for public hearing and placed on an agenda for a regularly scheduled Planning CommissionHPC meeting. The meeting date shall also be no more than 60 calendar days from the application’s filing date. The appeal shall address in writing each of the findings for denial on a form prescribed by the City and shall submit a fee pursuant to CVMC 21.12.020 for appeals of historic preservation matters. All appeals shall be considered by the The decision of the Planning Commission, and the decision shall be considered final. Page 134 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Chula Vista, CA Cannabis Tourism in Chula Vista: A Growing Industry Laura Henry2023-12-18 Photo byDavid Gabrić on Unsplash Chula Vista was once known as The Lemon Capital of the World. But now cannabis tourism, not lemon groves, brings people to the city in droves. Page 135 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda v . 0 0 4 P a g e | 1 February 13, 2024 ITEM TITLE Agreement: Approve the First Amendment to the Two-Party Agreement with KTUA for Design, Pre- Construction, and Construction Administration for Eucalyptus Park Renovations Report Number: 24-0043 Location: 436 C Street Department: Development Services G.C. § 84308: Yes Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act (“CEQA”) State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. Recommended Action Adopt a resolution approving the First Amendment to the Two-Party Agreement with KTUA for design, pre- construction, and construction administration services for Eucalyptus Park renovations. SUMMARY Eucalyptus Park is an existing 19.69-acre community park which serves the northwestern area of Chula Vista. Eucalyptus Park stretches along C Street, between 5th Avenue and 4th Avenue (Attachment 1). The City and KTUA desire to amend the Original Two-party Agreement to update the Scope of Work to include the Park Design as approved by City Council on June 6, 2023, and December 12, 2023. ENVIRONMENTAL REVIEW The Director of Development Services has reviewed the activity for compliance with CEQA and has determined that the activity is not a “Project” under Section 15378; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. BOARD/COMMISSION/COMMITTEE RECOMMENDATION Not applicable. Page 136 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 2 DISCUSSION Background Through a Call for Projects by Statewide Parks Program Round 4, the City of Chula Vista (“City”) applied for and was successful in its application to receive state funding for the design and construction of the Eucalyptus Park renovations. On February 2, 2022, the City entered into a Grant Contract SW-37-015 for a total not to exceed of $7,140,000 for the Eucalyptus Park improvements, including $1,190,000 for design and pre- construction services, $750,000 for the adjacent Casa Casillas renovations, and $5,200,000 for the construction of a portion of Eucalyptus Park (Attachment 2). 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. On October 25, 2022, the City entered into a Two-Party Agreement with KTUA (“Consultant”) to provide design, pre- construction, and construction administration services for the Eucalyptus Park renovations in a contract amount, not to exceed $516,433 (Attachment 3). During the Park Master Plan phase, a preliminary cost estimate to construct the park improvements for the grant was estimated to be $6,548,703 which exceeded the estimated cost of construction of $5,200,000. On June 6, 2023, City Council approved the Park Master Plan along with a reallocation of $3,522,588 in American Rescue Plan Act (“ARPA”) funds to augment previously appropriated grant funds. The park construction budget was increased to $8,722,588 with the approval of additional ARPA funds. On December 12, 2023, Council approved the reallocation of $4,287,725 in previously appropriated ARPA funds from the Telegraph Canyon Culvert Repair (DRN0208) to the Eucalyptus Park Capital Improvement Project (PRK0340) per Resolution No. 2023-211 (Attachment 4). The purpose for the request of additional ARPA funds is to cover improvements to existing park amenities which were not included in the original Grant scope of work. With these additional funds, the City will be able to provide comprehensive park upgrades to existing amenities simultaneously with the installation of new park amenities funded by the California State Grant with the park having only one closure schedule for all park improvements, reducing impacts to the community during construction. The First Amendment to the Two-Party Agreement for the Additional Services necessary for the Park Master Plan includes a description of the entire scope of work and costs associated with these services (Attachment 5). Additional Service #1 includes fees for the Park Master Plan update as presented to Council on June 6, 2023, a redesign of the existing playground area, additional structural engineering required for accessible ramp, modifications to the pathway connection to Casa Casillas, and additional splash pad scope items to meet the City’s operational needs. Additional Service #2 includes fees based on improvements to existing park facilities as shown on Park Master Plan presented to City Council on December 12, 2023. The improvements include upgrades to existing park lighting, basketball and tennis courts, picnic shelters, restroom and storage buildings, trash enclosure, perimeter fencing, and concrete drainage channel. The Additional Service #1 amount of $159,910 will be funded through the State Grant and the Additional Service #2 amount of $372,765 will be covered by ARPA funds approved on December 12, 2023. In the event that unforeseen changes are required to the scope of work or amounts contained in the amended agreement, City staff is requesting that the City Council grant authority to the City Manager to administratively increase the Two-Party agreement for a not to exceed additional amount of $100,000. Page 137 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 3 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 500 feet of the boundaries of the property which is the subject of this action. 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 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 There are no current year fiscal impacts to the General Fund or Development Services Fund as a result of this action. Funding for this contract is included in capital improvement project PRK0340. Sufficient funds were previously appropriated and are available to complete the work associated with this contract and to cover related staff costs. The project is funded by American Rescue Plan Act 2021 and the State Grants fund. Item Amount Funding Source Additional Service #1 $159,910 State Grants Fund Additional Service #2 $372,765 American Rescue Plan Act of 2021 Fund Total $532,675 ONGOING FISCAL IMPACT There are no on-going fiscal impacts to the General Fund or the Development Services Fund as a result of this action. The project is funded by American Rescue Plan Act 2021 and the State Grants fund within capital improvement project PRK0340. ATTACHMENTS 1. Project Location Map 2. Statewide Parks Grant Contact SW-37-015 3. Original Two-Party Agreement 4. Resolution No. 2023-211 5. First Amendment to Two-Party Agreement Staff Contact: Laura Handschumacher, Landscape Architect, Development Services Patricia Ferman, Principal Landscape Architect, Development Services Laura C. Black, AICP, Director of Development Services Page 138 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE FIRST AMENDMENT TO THE TWO-PARTY AGREEMENT BETWEEN THE CITY AND KTUA FOR DESIGN, PRE-CONSTRUCTION, AND CONSTRUCTION ADMINISTRATION SERVICES FOR EUCALYPTUS PARK RENOVATIONS WHEREAS, Eucalyptus Park is a 19.69-acre community park located at 436 C Street, stretching along C Street between Fourth and Fifth Avenues; 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 to improve Eucalyptus Park; and WHEREAS, on February 22, 2022, the City entered into Grant Contract SW-37-015 for Eucalyptus Park improvements; and WHEREAS, funding was appropriated via Resolution No. 2022-100, which amended the fiscal year 2021-22 capital improvement program budget to establish a new capital improvement project, Eucalyptus Park (PRK0340); and WHEREAS, the City entered into a Consultant Services Agreement with KTUA (“Consultant”) to provide Design, Pre-construction, and Construction Administration for Eucalyptus Park Renovations (City Agreement No. 2022-174), “Original Agreement”, on October 25, 2022; 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, City Council approved the Eucalyptus Park Master Plan and a reallocation of $3.5 million in ARPA funding at its meeting on June 6, 2023 via Resolution No. 2023-074; and WHEREAS, City Council approved the reallocation of $4,287,725 in previously appropriated ARPA funds towards the Eucalyptus Park Renovations to upgrade existing park amenities and amending the American Rescue Act Spending Plan accordingly, by reallocating $4,287,725 from the Telegraph Canyon Culvert Repair Project to the Eucalyptus Park Improvement Project at its meeting on December 12, 2023 via Resolution No. 2023-211; and WHEREAS, City and Consultant desire to amend the Original Agreement to update the Scope of Work to include updates to the Park Master Plan, preparing construction drawings to reflect the approved Park Master Plan as presented to City Council on June 6, 2023, and adding Page 139 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda additional design and scope of work related to improvements of existing park facilities as presented to City Council on December 12, 2023; and WHEREAS, the new contract amount increases by $532,675 to a new total of $1,049,108; and WHEREAS, the City Council desires to authorize the City Manager to enter into future amendments to the Original Agreement, as amended, in the case of necessary, unforeseen changes, up to $100,000; 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 activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act (“CEQA”) State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it hereby approves the First Amendment to the Original Agreement between the City and KTUA for design, pre-construction, and construction administration services in substantially 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 City Manager to execute same. BE IT FURTHER RESOLVED that the City Council authorizes the City Manager to amend the Original Agreement, as amended, as deemed necessary in her discretion, up to total additional expenditures of $100,000. 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 140 of 821 City of Chula Vista - City Council February 13, 2024 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 141 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Barbara Baker 2/28/2022 Staff Park & Recreation Specialist Page 142 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 20A7477C-DB3F-4793-954A-C3480AA07A21 Page 143 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 20A7477C-DB3F-4793-954A-C3480AA07A21 Page 144 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 20A7477C-DB3F-4793-954A-C3480AA07A21 Page 145 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 20A7477C-DB3F-4793-954A-C3480AA07A21 Page 146 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 20A7477C-DB3F-4793-954A-C3480AA07A21 Page 147 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 20A7477C-DB3F-4793-954A-C3480AA07A21 Page 148 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 20A7477C-DB3F-4793-954A-C3480AA07A21 Page 149 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 20A7477C-DB3F-4793-954A-C3480AA07A21 Supervisor 2/28/2022 Page 150 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 1 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 CITY OF CHULA VISTA CONSULTANT SERVICES AGREEMENT WITH KTUA TO PROVIDE DESIGN, PRE-CONSTRUCTION, AND CONSTRUCTION ADMINISTRATION FOR EUCALYPTUS PARK RENOVATIONS This Agreement is entered into effective as of October 25, 2022 ( the “Effective Date”) by and between the City of Chula Vista, a chartered municipal corporation (City) and KTUA, a California Corporation) Consultant) (collectively, the “Parties” and, individually, a “Party”) with reference to the following facts: RECITALS WHEREAS, the 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 to improve Eucalyptus Park; and WHEREAS, on February 22, 2022, the City entered into Grant Contract SW-37-015 for Eucalyptus Park improvements; and WHEREAS, in order to procure services for the design, pre-construction services, and construction administration of Eucalyptus Park, the City solicited proposals in accordance with Chula Vista Municipal Code CVMC) Sections 2.56.080 for contracts exceeding $100,000; and 2.56.110 for professional services, received nine proposals, and selected KTUA as the most qualified amongst those submitting; and WHEREAS, the design of the Master Plan 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 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.] DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 R2022-231 Page 151 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 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 Additional 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 4 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 DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 152 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 3 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 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 responsibilities 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 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 Retention Policy. City shall retain ten percent (10%) of the amount due for Required Services detailed on each invoice (the “holdback amount”). Upon City review and determination of Project Completion, the holdback amount will be issued to Consultant. 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 DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 153 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 4 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 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. 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 DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 154 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 5 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 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 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 protect, defend, indemnify and hold harmless City, its elected and appointed officers, agents, employees and volunteers (collectively, 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 Consultant, 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. DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 155 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 6 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 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, 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 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 whether 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 any 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 DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 156 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 7 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 to City’s specified termination date, and City agrees that the specified Default is capable of being cured, City 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. 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 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 DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 157 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 8 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 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, 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 DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 158 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 9 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 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.) DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 159 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 160 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 161 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 162 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 163 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 10 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 SIGNATURE PAGE CONSULTANT SERVICES AGREEMENT WITH KTUA TO PROVIDE DESIGN, PRE-CONSTRUCTION, AND CONSTRUCTION ADMINISTRATION FOR EUCALYPTUS PARK RENOVATIONS 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. KTUA CITY OF CHULA VISTA BY:________________________________ BY: ________________________________ CHRIS LANGDON* MARIA V. KACHADOORIAN PRINCIPAL CITY MANAGER APPROVED AS TO FORM BY: ________________________________ Glen R. Googins City Attorney Signature Authorization required. https://chulavistaca-my.sharepoint.com/personal/mshirey_chulavistaca_gov/Documents/Covid-19 Work From Home/Projects/Eucalyptus Park/Agreements/Attachment 3 - Eucalyptus Park Two Party Agreement KTUA - 10.19.22-EScribeREVFinal.docx DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 For Page 164 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 11 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 EXHIBIT A SCOPE OF WORK AND PAYMENT TERMS 1. Contact People for Contract Administration and Legal Notice A. City Contract Administration: Patricia Ferman 276 Fourth Avenue, Building B, Chula Vista, CA 91910 619-409-3890 pferman@chulavistaca.gov 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: KTUA 3916 Normal Street, San Diego, CA 92103 619-294-4477 ext. 115 chris@ktua.com For Legal Notice Copy to: Todd E. Doyle, Solomon Minton Cardinal Doyle & Smith LLP 701 B Street, Suite 520, San Diego, CA 92101 619-237-8822 tdoyle@smcdslaw.com 2. Required Services A. General Description: Consultant team formed by KTUA and sub-consultants listed in Section 5 herein (KTUA team) shall provide design, pre-construction, and construction administration for Eucalyptus Park renovations (CIP PRK0340). B. Detailed Description: Phase 1 Project Initiation, Community Outreach and Management Phase 1 includes project management tasks such as kick-off and team meetings, preparation of meeting agendas and minutes, schedule and project updates and plan quality control checks. Two public outreach and stakeholder meetings shall be held with associated meeting materials, surveys, and public notices. Additional special meetings shall be held with the Parks and Recreation Department, Parks & Recreation Commission, and City Council. Bilingual representatives shall be present at each public meeting and bi-lingual versions of all meeting materials shall be prepared. Three design concepts and their associated narratives for the park restrooms and other improvements shall be presented at the public outreach meetings. DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 165 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 12 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 Research and investigation of the existing site conditions including factors and conditions such as ADA compliance, utilities, site soils and drainage, existing vegetation, lighting, park layout, security concerns, park programming and construction access concerns shall be performed prior to the preparation of an Existing Conditions and Site Analysis Report. A boundary and topographical survey shall be prepared to accurately depict existing conditions of the project site. KTUA team shall prepare a master plan incorporating the community’s list of desired amenities listed in the recently awarded grant for Eucalyptus park. Two public workshops shall be held with the community and stakeholders to refine and develop a final master plan, with the City of Chula Vista’s approval. Presentations to the Parks and Recreation Commission and City Council will follow once there is an approved master plan. Task 1A: Project Kickoff and Surveys Kickoff Meeting KTUA team shall organize and attend a kick-off meeting with City staff and other relevant stakeholders at the project site to discuss project goals, schedule, process, and budget. The meeting will allow collaboration between the design team members and City staff to identify key issues, opportunities, and potential roadblocks affecting the planning and design of the new park and improvements. Each design team member shall examine and analyze the existing site and its adjacent context for all factors relevant to their individual design process and plan preparation. Site photographs and notes shall be taken in the field to inform later design efforts Topographic Survey KTUA team’s civil engineer (Hunsaker), shall have an aerial topographic survey performed to establish existing conditions and elevations to be used as a base map. Survey shall include tie-in to the City of Chula Vista control network and be prepared at minimum 1”=20’ scale with 1-ft max contours. Survey shall collect all site culture, curb lines, grade breaks, tree locations including diameters, corners of structures, visible utilities, etc. Limits of survey are within the park boundaries, including critical hardscape locations for design and tie- ins such as curb, streets, manholes, etc. Underground Utility Survey Hunsaker shall provide utility location services to identify and mark out all utilities of record as well as try to identify any potential non-record utilities within the project limits of work so they can be located and reflected on the final topographic and utility survey. Acquire Utility As-builts from Utility Companies Hunsaker and Michael Wall Engineering (MWE), shall contact the relevant utility and franchise companies to obtain as built information. SDG&E and ISP asset maps for the park and the associated area shall be requested to establish the basis of available infrastructure for use in future build outs. Hunsaker shall acquire horizontal and vertical utility information from the utility companies, and review record drawings provided by utility companies and franchise utilities to ascertain system location, depth, size, and type. Incorporate As-Built Information into Base Files Hunsaker shall incorporate the utility information into the project base files, reconciling with the topographic survey and site photos. DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 166 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 13 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 Boundary Survey Hunsaker shall perform a Boundary Survey to establish the exterior property lines and right-of-way limits of the project site. The boundary survey will be based on public records reflective of the fee title property reported in the title report to be produced for the project. The boundary survey will be based on re- establishing Parcel 1 from Parcel 4619 together with a portion of Lot 14 of Map No. 505 and the monumentation reflected on said parcel map together with other public records of local monumentation perpetuated through the years. The survey will be tied to the required City of Chula vista Geodetic Survey network reflected in record of Survey No. 14841. Title Report and Encumbrance Hunsaker shall coordinate the preparation of a title report from a title company reflective of the project site and shall draft easements and encumbrances from said title report into a land base map. Geotechnical Investigation A geotechnical investigation shall be performed by Ninyo & Moore which will include a subsurface investigation in the areas of the proposed improvements. Ninyo & Moore shall utilize a drilling rig to excavate seven (7) geotechnical borings across the site. The borings will extend to depths of approximately 10-15 feet bgs in the areas of the play equipment, pickleball courts, splash pad, and other areas to receive improvements. Recreation field sport light poles will require borings of 20 feet bgs with the exception of one 50-foot boring depth at one sport light pole. The objective of these borings is to determine the in-situ engineering characteristics of the soils and provide remedial grading recommendations for each location, and to provide data to complete a liquefaction analysis. Each excavation will be logged and sampled for laboratory testing by the geologist. Infiltration Investigation Due to the anticipated depth of groundwater, Ninyo & Moore anticipates that stormwater infiltration may not be feasible, therefore infiltration testing was not included in their scope of work. Since groundwater may be at depths of 9 feet or shallower and there needs to be at least 10 feet of distance between the bottom of an infiltration device and the top of groundwater, Ninyo & Moore will coordinate with Hunsaker to look into the need for filtration installation in lieu of infiltration devices. Lab Testing Soil samples recovered by the geologist during the geo-technical investigation will be taken to Ninyo & Moore’s laboratory, where testing shall be completed to address index soil characteristics for both soil classification and correlation with soil mechanical characteristics (i.e., strength and compressibility). Liquefaction Analysis Ninyo & Moore shall conduct a liquefaction study at the site. Analysis of the potential for liquefaction and related settlement will be completed in areas of park improvements using the blow count data from SPT testing to a depth of 50 feet bgs. One of the geotechnical borings, to be performed near the location of a sports field light pole, will be extended to a depth of 50 feet bgs. The borings will be excavated utilizing mud rotary drilling techniques. This includes the permit application, processing, and the fees for the County DEH boring permit. Geotechnical Report of Findings with Recommendations Following completion of the field investigation and laboratory testing, Ninyo & Moore shall prepare a report addressing: DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 167 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 14 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 Geotechnical conditions encountered on the site All potential geologic and geotechnical site hazards Remedial grading recommendations Foundation recommendations for the playground equipment, fencing, light poles, and all other proposed park structures Pavement section recommendations for the sidewalks, pickleball courts, parking lot and other proposed pavement types Recommendations for development of stormwater BMPs Reporting shall be supported by graphics (including boring logs and cross-sections) as necessary to support discussions in the text of the report. The report shall be sealed by a State of California Certified Engineering Geologist and Registered Geotechnical Engineer. Review and Assess Potential Utility Concerns Hunsaker shall prepare a detailed topographic survey with all existing site features documented including above and below-grade utilities. As part of the survey preparation, Hunsaker will acquire as-built utility drawings from the City and all relevant utility companies to incorporate in the final CAD base file. Once all utilities are documented in the project base file, all utility concerns relating to existing utility conditions and potential future conflicts with proposed project improvements will be examined and a summary graphic prepared to illustrate the locations of each utility concern and/or potential conflict. Review and Assess Site Drainage and Soils A geotechnical investigation shall be performed by Ninyo & Moore to ascertain existing soil conditions and characteristics and recommended improvement footings and paving sections. Site drainage will be addressed considering filtration investigation to develop recommendations for the additional impervious areas utilizing the City of Chula Vista BMP Manual. Each area will be analyzed to design the most cost - effective solution for water quality. Review and Assess Existing Vegetation During the initial site kick-off meeting and other site meetings, KTUA team shall inventory and assess all existing vegetation for health, structure, form, maintenance needs/requirements, toxicity, invasiveness, and all other factors relevant to the design process. Existing trees in the proximity of proposed improvements shall be assessed by an arborist for health condition as well as potential impacts from proposed improvements. Existing Conditions and Site Analysis Report shall include the Site Survey Report KTUA and Hunsaker shall prepare an Existing Conditions and Site Analysis Report based on the findings of the topographic survey, utility survey, and geotechnical investigation. The report shall include existing grades topography), demolition, utilities, soil conditions, site conditions, and existing stormwater improvements. Task 1B: Project Management (Duration of Project) KTUA shall be the primary point of contact for City staff for this contract and will maintain close coordination with the City, stakeholder agencies, and the consultant team to resolve questions and key issues so that the project can proceed as scheduled. This task also includes in-house team management and administration. DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 168 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 15 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 Coordination Meetings KTUA shall schedule regular teleconference meetings with the design team and City staff to coordinate design efforts and answer any questions that may arise. These meetings may vary in frequency depending on the current phase of the project and need for team coordination. During the preparation of construction documents for the proposed park improvements, the design team shall hold meetings at a minimum bi- weekly frequency to ensure adequate collaboration and oversight. Meeting Agendas and Minutes KTUA shall prepare meeting agendas and notes for each in-person and teleconference meeting to ensure efficiency and to establish a record of important project decisions and milestones. The agendas shall be distributed at least 24 hours prior to each meeting, and the meeting notes and action items will be distributed within 48 hours of the meeting. The meeting agendas and notes shall also be delivered to the City at the completion of the project as part of the overall deliverables. Monthly Schedule, Project Updates, and Invoice Submittals KTUA shall provide monthly schedule and project updates via Microsoft Project or equivalent software to the City, along with project invoices with current billing information on the project. Project QA/QC Throughout the life of the project, KTUA and each project subconsultant shall perform quality control checks of all project documents/drawings and other deliverables to ensure the highest levels of accuracy and excellence. The internal quality control process shall include a four-level check of all deliverables by design staff, the project manager, team leader, and principal-in-charge. KTUA shall perform thorough reviews of subconsultant drawings to ensure a high level of team collaboration and coordination between discipline drawing sets. Task 2 Program Plan and Community Outreach Program Plan KTUA shall develop an updated program plan based on the community’s input from the previous public outreach that occurred prior to this agreement. The plan shall identify the community’s preferred park improvements in preparation for the two community outreach meetings. KTUA will prepare a preliminary plan for review with City staff prior to the first community outreach meeting. City comments shall be incorporated into the plan and renderings and illustrative sections will be prepared for presentation to the community. Community and stakeholder input from the first community outreach meeting will be evaluated and integrated into a revised program plan. The revised program plan will be presented at the second community outreach meeting for community consensus. Community Outreach KTUA shall develop a plan to engage the community and identify all key stakeholders interested in the analysis and design of Eucalyptus Park. The plan shall indicate the methods of advertisement for public and stakeholder meetings as well as the means of engaging community members and gathering their comments and feedback during the design process. Community/Stakeholder Meetings (2) KTUA shall organize and conduct two public outreach meetings to gather public input and feedback relating to the proposed Eucalyptus Park improvements and park programming. For use at each meeting, DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 169 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 16 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 KTUA shall prepare meeting advertisements, surveys, presentations, graphics, and all other required meeting materials. A summary of public input shall be prepared following each public out-reach meeting. Community/Stakeholder Survey (1) A combination of online (Survey Monkey) and physical surveys shall be provided to the public at each community meeting to solicit input and feed-back. The results of these surveys shall be included in the summary of public input that is prepared following each of the community meetings and will be utilized to inform revisions to the master plan concept. Meeting Graphics, Presentations, and Public Notices For each community and stakeholder meeting, KTUA shall prepare all public notices/advertisements, graphics, presentations, and other visual and physical aids necessary to communicate the design intent fully and effectively for the park improvements. Bilingual Meeting Materials and Meeting Representative All meeting materials shall be translated into Spanish to provide clear understanding for both English and Spanish speaking meeting attendees. A bilingual Spanish/English representative from KTUA shall be present at each meeting to present materials to Spanish speaking community members and to field any questions they may have. Final Master Plan Upon completion of the community outreach process and with a preferred program plan vetted, KTUA shall prepare the final Eucalyptus Park Master Plan for proposed improvements. The master plan shall include a rendered park plan with improvement and materials callouts. The plan shall be supported by illustrative sections as needed. Presentation and Adoption of Eucalyptus Park Master Plan KTUA, along with City staff, shall present the final Eucalyptus Park Master Plan to both the Chula Vista Parks and Recreation Commission and City Council for approval and adoption of the master plan to move forward with final design and construction documents. Phase 2 Final Design and Construction Documents Phase 2 shall include the preparation of detailed 20-scale construction plans and technical specifications for the renovated park improvements. Plans in the final construction setshall include title sheet, demolition plan, site and grading plan, utility plan, site electrical and lighting plan, hardscape and paving plan, furnishings and amenities plan, planting and irrigation plans, and all required detail sheets. Specifications shall include all necessary technical specification Divisions applicable to the scope of work. This phase shall also include generation of a probable cost of construction and the City plan check review and permit process for the park improvement plans. Tasks 3 – 5 Construction Documents The KTUA team shall develop construction documents for the new park improvements. Plans shall include complete stormwater and drainage, landscape architecture and site design, electrical design, and structural design as required. The scope for park improvements includes construction documents (50%, 85%, 100%, and Bid Document submittals) for installation of the proposed park improvements. DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 170 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 17 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 Title Sheet A title sheet shall be prepared for the plan set based on the City of Chula Vista standards and will also include project location and brief description, an index of sheets, a list of consultants, applicable code requirements, and any other additional information as required. Demolition Plan Hunsaker shall prepare a site demolition plan including limits of demolition and specific items to be removed or protected in place. Irrigation and planting items shall be indicated on the landscape demolition plan by KTUA. Site Grading and Drainage Plan A grading and drainage plan shall be prepared indicating the grading and spot elevations to accommodate all of the new park improvements and stormwater BMPs. Earthwork quantities shall be calculated with the intent to create a balanced site. In addition, the plans shall include general civil notes, typical sections and details, DMA/Site Design BMP plan, and erosion control plan. Stormwater Reports Hunsaker shall prepare required stormwater and drainage reports and studies to support the design and stormwater permitting of the project. These reports shall include the project SWPPP, Drainage Study and Stormwater Management Plan, Stormwater Quality Management Plan (SWQMP) and a Hydrology Report. Utility Plans Utility plans shall be coordinated with Hunsaker and MWE to show all wet and dry utility improvements required to support the new park improvements. Hunsaker and MWE shall coordinate with the utility companies for new services and meters to the park site for water and electricity. Site Electrical and Lighting Plans MWE shall prepare the site electrical and lighting plans identifying park power source, control panels, park site lighting, multi-purpose field lighting, pickleball court lighting and electrical and power connections as required within the park. Plans shall include construction notes, photometrics, fixture schedules, and installation details. Structural Design PSE shall provide structural evaluation, detailing, and required calculations for structural components of the project. Anticipated structural components shall include light standard foundations, fence post footings, ramp/stair/paving reinforcement. Site Hardscape and Paving Plans KTUA shall prepare the site hardscape and paving plans to identify paving and surfacing materials, colors, and finishes within the park. Plans shall include construction notes, schedules and legends, and construction details. Site Furnishings and Amenities Plans KTUA shall prepare the site furnishings and amenities plans for the park improvements. The plans shall identify park site furnishings such as drinking fountains, benches, bike racks, trash/recycle receptacles, etc. as well as new play/fitness equipment, pickleball courts, splash pad, skate plaza and bike park. Plans shall include construction notes, schedules and legends, and construction details. DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 171 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 18 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 Planting and Irrigation Plans KTUA shall prepare detailed planting and irrigation plans for all planting areas within the park limits of work indicating all irrigation equipment, heads, lateral and mainline runs, as well as the water and electrical points of connection. Plant species and quantities shall be indicated as well as details for all plant types (trees, shrubs and groundcover). Irrigation details for all equipment types, heads, pipe and conduit trenching, and any other required details for the irrigation system shall be provided. Water-use calculations shall be prepared to confirm compliance with the California Model Water Efficient Landscape Ordinance. Specifications The KTUA team shall prepare technical specifications that identify the types, manufacturer and/or qualities of materials to be used or incorporated into the work, setting forth methods of installation and establishing the quality and workmanship of the finished work; and will be organized to separate those portions of the work which may logically be executed by different trades or separate contractors. Estimate of Probable Cost of Construction OCMI shall prepare construction cost estimates for the proposed park improvements for the master plan and each of the construction document design milestones including 50%, 85%, and 100% levels. The estimates shall include materials and labor, overhead and markups, and projected escalation to mid-point of construction. City Permitting Review (50%, 85%, And 100%) The KTUA team shall prepare a landscape construction document package with specifications for submittal in digital (PDF) form and hard-copy sets, if requested, to the City for review and coordination at 50%, 85%, and 100% final stages. KTUA design teamshall submit the revised construction documents to the City of Chula Vista for plan check. If required, plans shall also be processed with the City of Chula Vista Building Department for review and approval. KTUA team shall perform in-house design review and quality control of the project; and meet with the City to discuss their review comments and prepare plan revisions and comment responses as necessary. Phase 3: Bidding and Construction Administration, and Record Drawings (Task 6) Bid Support Services The KTUA team shall assist the City of Chula Vista with bid support services including responding to bid period re-quests for information (RFIs) and preparing bid addenda as necessary. KTUA shall assist the City with the review of bids and contractor selection. Construction Administration Pre-Construction Meeting KTUA and design team representatives shall attend the preconstruction meeting to support City staff in their conversation with the awarded bidder. At this meeting, KTUA shall also highlight key aspects of the construction drawing package, address any important environmental or other requirements, and relay potential construction timing and phasing issues relating to the design to the contractor. Construction RFIs KTUA and the design team shall respond to any RFIs that arise during construction and issue formal responses to City staff. DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 172 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 19 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 Submittal and Shop Drawing Review KTUA and the design team shall review all material submittals and shop drawings provided by the contractor for the project during construction and provide formal comments or acceptance to City staff. These would include all paving and hardscape, park amenities and furnishings, lighting, utility, irrigation, and landscape submittals Review Contract Change Orders KTUA and the design team shall consult with the City on any change orders submitted by the contractor to review whether the change order is warranted and whether the prices seem reasonable. Prepare Meeting Agendas and Minutes KTUA shall prepare meeting agendas and minutes for all meetings arising during the construction period. These will be provided to the City as part of the overall project final deliverables. Construction Coordination Meetings KTUA anticipates participating in bi-weekly construction coordination meetings including the contractor and City representatives to coordinate construction progress, issue coordination and resolution, and RFI and submittal tracking. Construction Site Visits and Observations KTUA and the design team shall conduct site visits during construction to review mockups, plant material at delivery, inspect irrigation pressure and coverage tests, and examine overall construction progress. At these visits, KTUA shall address any on-site questions relating to the construction drawings that may arise. A follow-up site observation report shall be prepared after each site visit documenting any informational items and issues observed in the field with photographs and notes. Pre-Maintenance, Pre-Final, and Final Construction Site Walkthroughs and Punchlists Upon completion of construction, KTUA and design team consultants shall perform a pre- maintenance walkthrough to assess the project and confirm it is substantially complete and ready to move into the establishment and maintenance period. A punchlist of necessary corrections shall be prepared. Prior to the completion of the establishment and maintenance period, KTUA shall perform a pre-final walk-through to identify any potential punchlist items that remain to be corrected prior to the City providing final acceptance of the project. After completion of the final punchlist items, KTUA shall perform a final walkthrough providing a thorough review of all constructed project elements including all park amenities and components, hardscape, irrigation, and landscape elements and systems. With all punchlist items satisfied, KTUAshall issue a letter of acceptable completion. Record Drawings The contractor shall submit a full construction drawing set to the design team with accurate redline notes and dimensions indicating actual constructed conditions where significantly different from those indicated in the bid set drawings. KTUA and the design team shall prepare final digital as-built/record drawings for the project. The as-built drawings will be provided to the City in digital format and as a mylar physical drawing set. Verification of the contractor’s as-built redlines is not included in this task. DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 173 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 20 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 3. Term: In accordance with Section 1.10 of this Agreement, the term of this Agreement shall begin October 26, 2022 and end on June 30, 2025 for completion of all Required Services. 4. Compensation: A. Form of Compensation Fixed Fee Paid in Increments. For the completion of each Deliverable of the Required Services, as identified in section 2.B., above, City shall pay the fixed fee associated with each Deliverable, in the amounts set forth below: Task No. Deliverable Amount Task 1 Project Kickoff / Surveys $70,688 Task 2 Program Plan and Community Outreach $67,078 Task 3 50% Construction Documents $147,641 Task 4 85% Construction Documents $76,959 Task 5 100% Construction Documents $58,909 Task 6 Bid Support, CA, Record Drawings $64,138 Direct costs (Arborist $4,320; Survey 13,040; Geotech $13,600) 31,020 B. Reimbursement of Costs Invoiced or agreed-upon amounts as follows: 1. A not-to-exceed allowance of $1,200.00 for printing and preparation of workshop materials. Only on a time and material basis. Notwithstanding the foregoing, the maximum amount to be paid to the Consultant for services performed through June 30, 2025 shall not exceed $516,433. 5. Special Provisions: Permitted Sub-Consultants: Hunsaker (Civil Engineering and Surveying) Ninyo & Moore (Geotechnical Engineering) Michael Wall Engineering (Electrical Engineering) Aquatic Design Group (Water Feature Designer) PSE Engineers (Structural Engineering) American Ramp Company (Skatepark/ Bike Park Designers) OCMI (Cost Estimating) Tom Launder (Arborist) Security for Performance: None Notwithstanding the completion date set forth in Section 3 above, City has option to extend this Agreement for Insert Number of Terms additional terms, defined as a one-year increment or Enter a Specific Date. if applicable. 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 DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 174 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 21 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 conditions contained herein, provided that the amounts specified in Section 4 above may be increased by up to Insert Percentage of Increase or Actual Dollar Amount 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. DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 175 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 22 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 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 DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 176 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 23 City of Chula Vista Agreement No.: 2022-174 Consultant Name: KTUA Rev. 9/15/20 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 .) Name Email Address Applicable Designation KTUA chris@ktua.com 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 requirements. 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: Bethany McDonnell, Landscape Planner II and Patricia Ferman, Principal Landscape Architect. 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). DocuSign Envelope ID: B0486E56-0787-4431-B362-37B0166EB452 Page 177 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda RESOLUTION NO. 2023-211 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING FISCAL YEAR 2023-24 CAPITAL IMPROVEMENT PROGRAM BUDGET AND THE AMERICAN RESCUE PLAN ACT SPENDING PLAN TO REALLOCATE FUNDS FOR EUCALYPTUS PARK IMPROVEMENTS 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 Improvements (PRK0340), and appropriated $6,390,000 in Statewide Parks Program grant funds to same; 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, the City Council approved the Eucalyptus Park Master Plan and a reallocation of $3.5 million in ARPA funding at its meeting on June 6, 2023 via Resolution No. 2023-074; 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 DocuSign Envelope ID: 8DF8F8A6-5BC1-4BF7-AB90-771B04509058 Page 178 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Resolution No. 2023-211 Page No. 2 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 tranch es 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 $4,287,725 in previously appropriated ARPA funds towards the Eucalyptus Park renovation and amending the American Rescue Act Spending Plan accordingly, by reallocating $4,287,725 from the Telegraph Canyon Culvert Repair Project to the Eucalyptus Park Improvement Project; 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 scenic highway, or cause a substantial adverse change in the significance of a historical resource. Under National Environmental Policy Act (“NEPA”), the activity is exempt pursuant to Title 24, Part 58.34(a)(2)(3) & (10) of the Code of Federal Regulations. Thus, no further environmental review is required. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it amends the Fiscal Year 2023-24 Capital Improvement Program budget and American Rescue Plan Act Spending Plan to reallocate previously-appropriated ARPA funds as follows: 1. Increase of $4,287,725 in expenditures under the American Rescue Plan Act 2021 Fund (Fund 268), increasing CIP appropriations (PRK0340) for the Eucalyptus Park Improvement Project 2. Decrease of $4,287,725 in expenditures under the American Rescue Plan Act 2021 Funds (Fund 268), decreasing CIP appropriations (DRN0208) Telegraph Canyon Culvert Repair Project, amending the Revenue Recovery expenditure category budgets as follows: Revenue Recovery: Telegraph Culvert Repair Project (DRN0208) ($4,287,725) Revenue Recovery: Eucalyptus Park Improvement Project (PRK0340) $4,287,725 [SIGNATURES ON THE FOLLOWING PAGE] DocuSign Envelope ID: 8DF8F8A6-5BC1-4BF7-AB90-771B04509058 Page 179 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Resolution No. 2023-211 Page No. 3 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 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 12th day of December 2023 by the following vote: AYES: Councilmembers: Cardenas, Chavez, Gonzalez, and Preciado NAYS: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: McCann John McCann, Mayor ATTEST: Kerry K. Bigelow, MMC, City Clerk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA ) I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2023-211 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 12th day of December 2023. Executed this 12th day of December 2023. Kerry K. Bigelow, MMC, City Clerk DocuSign Envelope ID: 8DF8F8A6-5BC1-4BF7-AB90-771B04509058 Page 180 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Amendment to Agreement No.: 2022-174 Consultant Name: KTU&A Rev. 2/2/2024 FIRST AMENDMENT to Agreement between the City of Chula Vista and KTU&A For Additional Design, Pre-construction and Construction Administration services for the Eucalyptus Park renovations This FIRST AMENDMENT “Amendment” is entered into effective as of February 13, 2024 Effective Date” by and between the City of Chula Vista (“City”) and KTU&A (“Consultant”) with reference to the following facts: RECITALS WHEREAS, City and Consultant previously entered into a Consultant Services Agreement with KTU&A to provide design, pre-construction, and construction administration for Eucalyptus Park renovations “Original Agreement,” on October 25, 2022; and WHEREAS, City and Consultant desire to amend the Original Agreement to update the Scope of Work to include updating the Park design and preparing construction drawings to reflect the approved Park Master Plan as presented to City Council on June 6, 2023 and December 12, 2023, as more specifically set forth below. NOW, THEREFORE, in consideration of the above recitals and the mutual obligations of the parties set forth herein, City and Consultant agree as follows: 1.The Original Agreement is amended as follows: a.Exhibit A, Section 2.A. Required Services, General Description: Add the following at the end of the section: “In addition, they shall provide design, pre-construction, and construction administration for the Park Master Plan improvements, as approved by City Council on June 6, 2023 (see attached Exhibit A-1), “Additional Services No. 1,” and December 12, 2023 (see attached Exhibit A-2), “Additional Services No. 2.” b. Exhibit A, Section 2.B. Required Services, Detailed Description: Add the following at the end of the section: “See Exhibits A-1 and A-2 for descriptions of additional Required Services.” c.Exhibit A, Section 3. Term: Update to: “In accordance with Section 1.10 of this Agreement, the term of this Agreement shall begin October 26, 2022 and end on June 30, 2026 for completion of all Required Services.” d. Exhibit A, Section 4.A., Form of Compensation Revise the chart to read as follows: ACN 2024-020 DocuSign Envelope ID: 6DF06C37-BD71-4AA8-804B-F2D1D776EEC1 RESO #Page 181 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Amendment to Agreement No.: 2022-174 Consultant Name: KTU&A Rev. 2/2/2024 Task No. Deliverable Original Agreement Amount Additional Services No. 1 Amount Exhibit A-1) Additional Services No. 2 Amount Exhibit A- 2) Task 1 Project Kickoff / Surveys $70,688 N/A N/A Task 2 Program Plan $67,078 $32,049 $49,304 Task 3 50% Construction Documents $147,641 $15,198.50 N/A Task 4 85% Construction Documents $76,959 $35,967.50 $125,415 Task 5 100% Construction Documents $58,909 $38,977 $139,142 Task 6 Bid Support, CA, Record Drawings $64,138 $37,718 $58,904 Direct costs (Arborist $4,320; Survey $13,040; Geotech $13,600) 31,020 N/A N/A Total $516,433 $159,910 $372,765 Total Agreement Amount, As Amended to include Additional Services Nos. 1 and 2 1,049,108 e. Exhibit A, Section 4.B., Reimbursement of Costs: Change “June 30, 2025” to June 30, 2026” and change “$516,433” to “$1,049,108.” 2. Except as expressly provided herein, all other terms and conditions of the Original Agreement shall remain in full force and effect. 3. Each party represents that it has full right, power and authority to execute this FIRST Amendment and to perform its obligations hereunder, without the need for any further action under its governing instruments, and the parties executing this Amendment on the behalf of such party are duly authorized agents with authority to do so. DocuSign Envelope ID: 6DF06C37-BD71-4AA8-804B-F2D1D776EEC1 Page 182 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Amendment to Agreement No.: 2022-174 Consultant Name: KTU&A Rev. 2/2/2024 SIGNATURE PAGE TO FIRST AMENDMENT TO A CONSULTANT SERVICES AGREEMENT WITH KTU&A TO PROVIDE DESIGN, PRE-CONSTRUCTION, AND CONSTRUCTION ADMINISTRATION FOR EUCALYPTUS PARK RENOVATIONS KTU&A CITY OF CHULA VISTA BY:________________________________ BY: ________________________________ CHRIS LANGDON* MARIA V. KACHADOORIAN PRINCIPAL CITY MANAGER Signature Authorization Required APPROVED AS TO FORM BY: _______________________________ Jill D.S. Maland Lounsbery Ferguson Altona & Peak Acting City Attorney DocuSign Envelope ID: 6DF06C37-BD71-4AA8-804B-F2D1D776EEC1 Page 183 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 6DF06C37-BD71-4AA8-804B-F2D1D776EEC1 Page 184 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 6DF06C37-BD71-4AA8-804B-F2D1D776EEC1 Page 185 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 6DF06C37-BD71-4AA8-804B-F2D1D776EEC1 Page 186 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: 6DF06C37-BD71-4AA8-804B-F2D1D776EEC1 Page 187 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda EXHIBIT A-1 ADDITIONAL SERVICE #1 January 17, 2024 (R4) Project: Eucalyptus Park Renovations – Additional Service #1 CONTRACT: 2022-174 Additional Service #1 GENERAL SCOPE OF WORK DESCRIPTION Consultant team formed by KTUA shall provide design, pre-construction, and construction administration services for the following scope of work: Master plan update and preparation of construction drawings for the approved master plan presented to the City Council (see attached 6/6/2023 park master plan) / Re-design of the existing playground / Additional Structural Design of the ADA ramp / Design of widened sidewalk along 4th Avenue between Casa Casillas and the new concrete walk into the park site / Splash pad SCADA system improvements. DETAILED SCOPE OF WORK DESCRIPTION Item A: Design of park master plan as approved by the City Council 1. Incorporate items back into the Master Plan design that were removed during the VE exercise. Coordinate changes with the design team. a. Additional parking spaces b. Existing parking lot improvements c. Synthetic turf at multi-purpose field d. Shade at dog park e. Concrete walks and decomposed granite paths f. Fencing along the channel on C Street and 4th Avenue. g. Zipline at children’s playground 2. Update project schedule to reflect the new timeline. 3. Revise project base file and Photoshop rendering to reflect the design presented at the second community workshop. 4. Update City Council presentation. 5. Studies for bridge across the channel 6. Entry sign studies on corner of C Street and 4th Avenue. 7. Design 4th Avenue sidewalk connector path. 8. Survey existing conditions for the addition of a concrete walk connection from the park site to the sidewalk on 4th Avenue. Item B: Re-design of the existing playground area 1. Project management and coordination with the design team relating to the playground design. 2. Coordination with playground manufacturers to select desired play equipment. EXHIBIT A-1 ADDITIONAL SERVICE #1 February 5, 2024 Project: Eucalyptus Park Renovations - Additional Service #1 Contract: 2022-174 Additional Service #1 GENERAL SCOPE OF WORK DESCRIPTION Consultant team formed by KTUA shall provide additional design, pre-construction, and construction administration services for the following scope of work: Master plan update and preparation of construction drawings for the approved master plan presented to the City Council (see attached 6/6/2023 park master plan) / Re-design of the existing playground / Additional Structural Design of the ADA ramp / Design of widened sidewalk along 4th Avenue between Casa Casillas and the new concrete walk into the park site / Splash pad SCADA system improvements. DETAILED SCOPE OF WORK DESCRIPTION The following scope of work will be provided in addition to the scope of work outlined in Exhibit A of the original agreement. Task 2 Program Plan and Community Outreach Design of park master plan as approved by City Council KTUA shall incorporate items back into the Master Plan design that were removed during the VE exercise and shall coordinate the following changes with the design team: a. Additional parking spaces b. Existing parking lot improvements c.Synthetic turf at multi-purpose field d. Shade at dog park e. Concrete walks and decomposed granite paths f. Fencing along the channel at C Street and 4th Avenue g. Zipline at children’s playground KTUA shall: Update project schedule to reflect the new timeline. Revise project base file and Photoshop rendering to reflect the design presented at second community workshop. Update the City Council presentation. Page 188 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda KTUA and design team shall: Conduct studies for bridge across channel and entry sign on corner of C Street and 4th Avenue. Design 4th Avenue sidewalk connector path. Survey existing conditions for addition of a concrete walk connection from the park site to the sidewalk on 4th Avenue. Task 3 - 5 Construction Documents Re-design of the Existing Playground Area KTUA shall coordinate with playground manufacturers to select desired playground equipment, prepare conceptual playground plan and assist cost estimator with estimate for re-designed playground. Once conceptual plan is approved, KTUA shall prepare landscape construction plans and details, irrigation plans, planting plans and specifications for the new playground design in the 50%,85%,100%and final bid document drawing submittals. KTUA shall provide project management and coordination with the design team relating to the playground design. The design team shall prepare civil improvement, grading and drainage plans for the re-design of the existing playground in the conceptual plan,50%,85%,100%,and final bid document drawings.The cost estimator shall provide ROM estimate for conceptual playground design and an estimate of playground area design at each drawing milestone including the 50%,85%,100%and final bid document drawing milestone. Additional Structural Engineering for ADA Ramp KTUA design team shall generate 85%and 100%drawings,calculations and specifications for the ADA ramp. Calculations and drawings are to be stamped and signed by a California licensed Professional Engineer.Structural calculations to be submitted with 100%construction documents only.Design team shall address design comments from the Owner/project team and other disciplines as needed. Widened Sidewalk along 4th Avenue between Casa Casillas and the New Concrete Walk into the Park Site KTUA shall prepare demolition plans, landscape construction plans, planting and irrigation plans for the widening of the sidewalk in the 50%,85%,100%and final bid document drawings.Design team shall prepare improvement,grading and drainage plans for the widening of the sidewalk in the 50%,85%,100% and final bid document drawings.KTUA shall provide project management and coordination with the City and design team. Splash Pad Improvements KTUA shall coordinate with City, consultants and manufacturers and shall provide project management of design team. Design team shall provide consultant services to coordinate with Owner’s BMS Consultant and SCADA integration with current BMS system. Design team shall incorporate splash pad system upgrades as discussed with City into 85%,100%and final bid document drawings.Cost estimate shall be provided at 85%,100%and Bid phases for new SCADA and SCADA security system splash pad improvements including SCADA panels, wiring, cameras and intrusion alarms. SCADA consultant shall provide drawing review of electrical drawing packages and shall coordinate with design team on SCADA system integration. Task 6 Bidding and Construction Administration, and Record Drawings Re-design of the Existing Playground Area KTUA design team shall address RFI’s,submittals and field changes relating to the playground received during the construction of the project. Eucalyptus Park Renovations - Additional Service #1 02/05/2024 Page 2 Page 189 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Additional Structural Engineering for ADA Ramp KTUA design team shall provide the following bid support, construction administration, and record drawings: a. Bid phase support to address RFI’s and prepare bid addenda if required (1 hour max) b. Construction phase support to address RFI’s and review submittals (3 hour max) c. Review contractor as-builts and generate record drawings Splash Pad Improvements KTUA design team shall address splash pad RFIs and submittals during construction as related to electrical equipment and SCADA interface. Design team shall prepare record drawings based on contractor provided as-built markups/drawings. SCADA consultant shall provide site observation during construction. ASSUMPTIONS AND UNDERSTANDINGS Existing fencing and planting will be removed along 4th Avenue by City staff to allow for surveying and review of existing conditions to occur. Preparation of Plumbing and Instrumentation Diagrams for SCADA/splash pad system is excluded. Eucalyptus Park Renovations - Additional Service #1 02/05/2024 Page 3 Page 190 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Stormwater Swale & 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 FitnessEquipment10 Showers & Changing Station11 7 12 Interactive Water Feature Lit Artificial Turf Field 7vs7 soccer 165’x105’) New Playground & Surfacing New Channel Fencing Park MonumentSign16 Eucalyptus Park Renovations |City Council Presentation –12/12/2023 STATE GRANT AND ARPA FUNDS –COUNCIL APPROVED 6/6/2023 Page 191 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda EXHIBIT A-1 ADDITIONAL SERVICE #1 January 17, 2024 (R4) Project: Eucalyptus Park Renovations – Additional Service #1 CONTRACT: 2022-174 Additional Service #1 GENERAL SCOPE OF WORK DESCRIPTION Consultant team formed by KTUA shall provide design, pre-construction, and construction administration services for the following scope of work: Master plan update and preparation of construction drawings for the approved master plan presented to the City Council (see attached 6/6/2023 park master plan) / Re-design of the existing playground / Additional Structural Design of the ADA ramp / Design of widened sidewalk along 4th Avenue between Casa Casillas and the new concrete walk into the park site / Splash pad SCADA system improvements. DETAILED SCOPE OF WORK DESCRIPTION Item A: Design of park master plan as approved by the City Council 1. Incorporate items back into the Master Plan design that were removed during the VE exercise. Coordinate changes with the design team. a. Additional parking spaces b. Existing parking lot improvements c. Synthetic turf at multi-purpose field d. Shade at dog park e. Concrete walks and decomposed granite paths f. Fencing along the channel on C Street and 4th Avenue. g. Zipline at children’s playground 2. Update project schedule to reflect the new timeline. 3. Revise project base file and Photoshop rendering to reflect the design presented at the second community workshop. 4. Update City Council presentation. 5. Studies for bridge across the channel 6. Entry sign studies on corner of C Street and 4th Avenue. 7. Design 4th Avenue sidewalk connector path. 8. Survey existing conditions for the addition of a concrete walk connection from the park site to the sidewalk on 4th Avenue. Item B: Re-design of the existing playground area 1. Project management and coordination with the design team relating to the playground design. 2. Coordination with playground manufacturers to select desired play equipment. EXHIBIT A-2 ADDITIONAL SERVICE #2 February 5, 2024 Project: Eucalyptus Park Renovations - Additional Service #2 Contract: 2022-174 Additional Service #2 GENERAL SCOPE OF WORK DESCRIPTION Consultant team formed by KTUA shall provide additional design, pre-construction, and construction administration services for the following scope of work: Addition of improvements to existing park amenities as indicated in the park master plan presented to the City Council on 12/12/2023 (see attached 12/12/23 park master plan). Additional features include lighting, tennis courts, shade shelters, restroom building, basketball court, softball field, storage building, trash enclosure, perimeter fencing, and concrete drainage channel improvements. DETAILED SCOPE OF WORK DESCRIPTION The following scope of work will be provided in addition to the scope of work outlined in Exhibit A of the original agreement. Task 2 Program Plan and Community Outreach Final Master Plan KTUA will coordinate with consultants to provide a conceptual site plan that incorporates existing park facility improvements as approved by City Council. The conceptual site plan will be in construction document format with applicable legend and notes for City review and approval. KTUA and sub-consultants will attend up to (2) meetings with City staff to verify site plan and scope of work prior to incorporation into construction documents. KTUA shall provide meeting minutes and updated project schedule for City. Task 4 - 5 Construction Documents KTUA and design team shall update the plans required in Exhibit A of the original Agreement to include the additional scope of work in the remaining construction document milestones (85%, 100%, and Bid). Design team shall provide updated drawings, specifications, and cost estimates as described below: Lighting Improvements KTUA shall prepare 85%, 100% and Bid PS&E’s for lighting improvements at tennis courts and softball field. Tennis court lighting scope of work includes removal of existing tennis court light fixtures, replacement with new pole top lighting, coordination with structural engineer on light pole footings, new conduit and wire Page 192 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda runs, new lighting photometric calculations, revisions to Title 24 calculations, and updates to panel schedule and load calculations. Softball field lighting scope of work includes coordination with field lighting designer for softball field lighting (MUSCO assumed), revisions to Title 24 calculations, and updates to panel schedule and load calculations. KTUA shall coordinate with City, lighting manufacturer and electrical engineer on lighting improvements and provide QA/QC review of electrical drawings. Tennis Court Improvements The design team shall prepare 85%, 100% and Bid PS&E’s for tennis court improvements including replacement of existing entry walkways, replacement of existing fencing and gates, replacement of existing nets, re-surfacing and striping of existing courts, replacement of existing benches and bleachers, addition of tennis racks, signage, and planting and irrigation in bleacher area. Structural engineer to include design and coordination of 12’ tall chainlink fence foundations, poles, and horizontal rails. Civil engineer shall incorporate tennis court scope of work into grading and improvement plans and provide necessary revisions to demolition plan, erosion control plan, drainage study, SWQMP and SWPPP. KTUA shall coordinate with City and design team on tennis court improvements and provide QA/QC review of civil/structural drawings. Shade Shelter Improvements The design team shall prepare 85%, 100% and Bid PS&E’s for shade shelter improvements including pre- fabricated metal shade shelter drawings and product cut sheets, hardscape, planting and irrigation repairs/ replacement. Scope of work shall include three new shade shelters with (2 total) unique shelter designs to replace existing shelters, new concrete slabs, and site furnishings underneath shade shelters. Adjacent turf and irrigation to be repaired/replaced in kind where disturbed by construction activities. Structural scope to include shade shelter footings. Civil engineer shall incorporate shade shelter scope of work into grading and improvement plans and provide necessary revisions to demolition plan, erosion control plan, drainage study, SWQMP and SWPPP. KTUA shall coordinate with City and design team on shade shelter improvements and provide QA/QC review of civil/structural drawings. Restroom Building Improvements The design team shall prepare 85%, 100% and Bid PS&E’s for restroom building and associated site improvements. Architectural scope of work shall include the removal of the interior CMU restroom partitions and replacement with phenolic or stainless steel partitions providing the same fixture count andADA compliant stalls. A new roof will be provided to match the existing roof configuration, new skylights to match existing sizes, and new floor finish for the existing slab on grade. New plumbing fixtures and bathroom accessories (soap dispenser, toilet paper dispenser, paper towel dispenser, and baby changing station in each restroom) will be provided along with new paint and graffiti coating for the building wall. Site work shall include replacement of existing walkway from parking lot to restroom building. Plumbing engineer shall conduct field investigation to confirm information shown on provided as-built drawings and to determine visible and readily accessible as-built conditions as they relate to major plumbing components within the project area and scope. Plumbing engineer scope of work shall include selective demolition of existing plumbing fixtures and equipment, domestic cold water system design, DWV system design development, coordination with civil engineer to determine locations for utility connections for domestic water and sanitary sewer within 5 feet of the building, coordination with City for fixture types, plumbing plans, plumbing riser diagrams, plumbing equipment and fixture schedules, plumbing installation details, and specification preparation for all plumbing components of the project. Specifications will utilize owner master specification templates. Construction documents will be updated to reflect the City and design review comments and coordination with City to determine space requirements for plumbing equipment. Electrical scope of work shall include replacement of existing fixtures with new LED light fixtures, photometric calculations for the restroom building, revisions to Title 24 calculations, and updates to panel schedule and load calculations. Civil engineer shall incorporate restroom building scope of work into grading and improvement plans and Eucalyptus Park Renovations - Additional Service #2 02/05/2024 Page 2 Page 193 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda provide necessary revisions to demolition plan, erosion control plan, drainage study, SWQMP and SWPPP. KTUA shall coordinate with City and design team on restroom building improvements and provide QA/QC review of all drawings. Basketball Court Improvements The design team shall prepare 85%, 100% and Bid PS&E’s for basketball court improvements including replacement of existing in-ground basketball hoop and hardscape resurfacing and striping. Adjacent turf and irrigation to be repaired/replaced in kind where disturbed by construction. Structural scope of work shall include new basketball hoop foundation/footings. Civil engineer shall incorporate basketball court scope of work into grading and improvement plans and provide necessary revisions to demolition plan, erosion control plan, drainage study, SWQMP and SWPPP. KTUA shall coordinate with City and design team on basketball court improvements and provide QA/QC review of civil/structural drawings. Softball Field Improvements The design team shall prepare 85%, 100% and Bid PS&E’s for softball field improvements including replacement of existing fencing, replacement of existing backstop with a new prefabricated backstop with padding, addition of new bleachers, dug-outs, dug-out shade canopies, litter receptacles, paving at bleacher seating areas, and new planting and irrigation improvements adjacent to bleacher seating areas. Adjacent turf and irrigation to be repaired/replaced in kind where disturbed by construction. Structural scope of work shall include prefabricated softball field backstop footings and dug-out shade canopy foundations, posts, and roof framing. Civil engineer shall incorporate softball field scope of work into grading and improvement plans and provide necessary revisions to demolition plan, erosion control plan, drainage study, SWQMP and SWPPP. KTUA shall coordinate with City and design team and provide QA/QC review of structural/civil drawings. Storage Building Improvements The design team shall prepare 85%, 100% and Bid PS&E’s for storage building and associated site improvements. Architectural scope of work shall include the replacement of roll-up door and two man doors as well as re-painting of the building. Site scope shall include hardscape improvements including new accessible path of travel walkway to the storage building from the park perimeter walkway. Civil engineer shall incorporate storage building scope of work into grading and improvement plans and provide necessary revisions to demolition plan, erosion control plan, drainage study, SWQMP and SWPPP. KTUA shall coordinate with City and design team and provide QA/QC review of architectural/civil drawings. Trash Enclosure Improvements The design team shall prepare 85%, 100% and Bid PS&E’s for trash enclosure improvements including demolition of existing trash enclosure, repair of adjacent planting and irrigation, a new pre-fabricated trash enclosure structure and associated concrete paving, new planting and irrigation improvements adjacent to the trash enclosure, curbing and striping around the trash enclosure. Structural scope shall include trash enclosure structure footings which shall be designed to resist liquefaction induced settlement. Civil engineer shall incorporate trash enclosure scope of work into grading and improvement plans and provide necessary revisions to demolition plan, erosion control plan, drainage study, SWQMP and SWPPP. KTUA shall coordinate with City and design team and provide QA/QC review of structural/civil drawings. Perimeter Fencing Improvements The design team shall prepare 85%, 100% and Bid PS&E’s for perimeter fence improvements including replacement of existing perimeter fencing along the remainder of C Street and the channel and planting and irrigation improvements facing 4th Avenue and C Street between the new fencing and the existing sidewalk. Structural scope shall include perimeter fence bridge connections. KTUA shall coordinate with City and design team and provide QA/QC review of structural drawings. Eucalyptus Park Renovations - Additional Service #2 02/05/2024 Page 3 Page 194 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Concrete Drainage Channel Improvements The design team shall prepare 85%, 100% and Bid PS&E’s for concrete drainage channel improvements including staining of concrete channel with penetrating earthy-toned color stain. KTUA shall coordinate with City and suppliers and provide QA/QC review of supplier specifications. Estimate of Probable Construction The cost estimator shall prepare construction cost estimates which include the additional scope of work outlined above at each of the remaining construction document milestones including 85%, 100% and bid levels. Task 6 Bidding and Construction Administration, and Record Drawings Lighting Improvements KTUA and electrical engineer shall address lighting RFIs and submittals during construction and shall prepare record drawings based on contractor provided as-built markups/drawings. Tennis Court Improvements KTUA, civil engineer, and structural engineer shall address tennis court RFIs and submittals during construction. KTUA shall attend (1) additional site observation visit during tennis court construction. Shade Shelter Improvements KTUA, civil engineer, and structural engineer shall address shade shelter RFIs and submittals during construction. Restroom Building Improvements KTUA and design team shall address general restroom building RFIs and submittals during construction. Architectural scope shall include architectural RFIs (maximum of 8) and submittals (maximum of 12 original and 4 re-submittals) during construction, site observations during construction (2 total) and preparation of architectural record drawings for the restroom improvements (PDFs). Plumbing scope shall review of the plumbing sub-contractors’ submittals for general conformance with the construction documents. Reviews of each system or product will be limited to two (2) submittals. If additional reviews for the same system, not necessarily the same manufacturer, are required then the provisions of Additional Services of this proposal will apply. Plumbing engineer shall attend up to two (2) virtual construction meetings regarding plumbing improvements during the construction phase, respond to plumbing sub-contractor’s questions and inquiries regarding interpretation of the plans and specifications, and issue addenda and construction change directives relating to plumbing improvements. Plumbing engineer shall attend a scheduled site visit near project completions, to review the installation and construction of plumbing improvements, in general, and compare their conformance with the construction documents (plans and specifications). If additional site visits are required, the provisions of Additional Services herein will apply. Plumbing engineer shall prepare plumbing improvement record drawings using addenda, ASI and RFI’s generated during construction and from drawings prepared by the plumbing sub-contractors. The “record drawing” revisions will be incorporated into the record plumbing drawings and plumbing engineer shall not be responsible for tracking the changes, creating markups for the contractor, interpreting the contractor markups or visiting the site to verify the accuracy of the contractor’s markups. Electrical scope shall include addressing restroom building electrical RFIs and submittals during construction, one (1) additional site observation visit during construction, and preparation of electrical record drawings based on contractor provided as-built markups/drawings. Basketball Court Improvements KTUA, civil engineer, and structural engineer shall address basketball court RFIs and submittals during construction. Eucalyptus Park Renovations - Additional Service #2 02/05/2024 Page 4 Page 195 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Softball Field Improvements KTUA, civil engineer, and structural engineer shall address softball field RFIs and submittals during construction. KTUA shall attend (1) additional site observation visit during softball field construction. Storage Building Improvements KTUA, architect and civil engineer shall address general storage building RFIs and submittals during con- struction. Architectural scope shall include RFIs (maximum of 4) and submittals (maximum of 4 original and 2 re-submittals) during construction, one site observation visit, and preparation of record drawings for the storage building improvements (PDFs). Trash Enclosure Improvements KTUA, civil engineer, and structural engineer shall address trash enclosure RFIs and submittals during construction. KTUA and structural engineer shall each attend (1) additional site observation visit during trash enclosure construction. Perimeter Fencing Improvements KTUA and structural engineer shall address perimeter fencing RFIs and submittals during construction. Concrete Drainage Channel Improvements KTUA shall address concrete drainage channel RFIs and submittals during construction. ASSUMPTIONS AND UNDERSTANDINGS Musco lighting fixtures are assumed for the softball field lighting and structural engineering of the footings for these fixtures is assumed to be per the manufacturer not the design team. Design team assumes that the same light fixture and associated pole height and footing proposed at the new pickleball courts will be used at the existing tennis courts. Design of new concrete paving or post-tension slab at the existing tennis courts to replace the existing slab is excluded from the scope of work. Design of more than two unique shade shelters is excluded from the current scope of work. Replacement of the existing concrete slab at the basketball courts is excluded from the scope of work. Prefabricated softball field backstop is assumed. Custom backstop is excluded from the scope of work. Shade canopies are proposed only at the field dug-out areas. Shade canopies at bleacher seating areas are excluded from the scope of work. Prefabricated trash enclosure is assumed. Custom trash enclosure design is excluded from the scope of work. City will approve a prefabricated trash enclosure if it complies with the City standard requirements. Improvements to the concrete drainage channel are assumed to include only the staining of the existing concrete channel. Additional aesthetic treatments are excluded from the scope of work. The addition of a Eucalyptus Grove overlook area at the ADA ramp to Menzel Field is excluded from the scope of work. Design Team will request a restart fee and across-the-board escalation of awarded fees if the project is put on hold at any point for 6 months or longer. Replacement of the restroom building roof assumes the beam/rafters/ and tongue and groove panels are in good condition and only the roof tiles will be replaced with a metal roof. Eucalyptus Park Renovations - Additional Service #2 02/05/2024 Page 5 Page 196 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Basketball Court 1 Lighting Park Master Plan N02550100 LEGEND: 9 Perimeter Fence 5 3 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) Apartments C Street 5thAvenue4thAvenue2 Tennis Courts 3 Shade Structures 4 Restroom Building 6 Softball Field Storage Building 8 Trash Enclosure ConcreteChannel10 7 Eucalyptus Park Renovations |City Council Presentation –12/12/2023 PARK MASTER PLAN ARPA FUNDS – COUNCIL APPROVED 12/12/2023 5 4 10109 1 6 2 1 7 8 109 Page 197 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda v . 0 0 4 P a g e | 1 February 13, 2024 ITEM TITLE American Rescue Plan Act: Waive Competitive Bidding Requirements, Authorize the Purchase, Installation, and Maintenance of Fencing on the East Side of Industrial Boulevard in the Harborside/Palomar Area, and Appropriate Funds Accordingly Report Number: 24-0046 Location: Industrial Boulevard, 91911 Department: Housing and Homeless Services & Public Works G.C. § 84308: Yes Environmental Notice: The Project qualifies for a Categorical Exemption pursuant to the California Environmental Quality Act State Guidelines Section 15303(e) Class 3 (New Construction or Conversion of Small Structures). Recommended Action Adopt a resolution: 1) Waiving the competitive bidding requirements pursuant to Chula Vista Municipal Code Section 2.56.070(B)(3); and 2) Authorizing and appropriating interest earned on American Rescue Plan Act funds up to $275,000 for the purchase, installation, and maintenance of fencing on Industrial Boulevard and authorizing the City Manager or designee to determine needed phasing for installation and execute all necessary documents. (4/5 Vote Required) SUMMARY At the meeting of January 16, 2024, City Council directed staff to move forward with the purchase and installation of fencing along Industrial Boulevard as a mitigation measure to the growing number of unsheltered occupying the public right of way on the east side of Industrial Boulevard, primarily between Naples and Dorothy Streets near the Harborside Elementary School and Palomar Trolley Station. This item will appropriate needed funds to implement this measure. ENVIRONMENTAL REVIEW 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 Page 198 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 2 pursuant to State CEQA Guidelines Section 15303(e) Class 3 (New Construction or Conversion of Small Structures), because the proposed project 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 An overview of the January 16 Council direction was provided to the Housing and Homeless Advisory Commission.. DISCUSSION On August 23, 2022, City Council Resolution No. 2022-203 authorized the temporary closure of Harborside Park to allow staff time to address health and safety concerns due to illegal activities being conducted at the park and in the surrounding neighborhood. Since the closure, staff have continued to monitor and conduct routine maintenance in the surrounding area due to encampments, resulting most recently on January 12, 2024 in the removal of 2,000 square feet of graffiti and 36,540 pounds of trash and debris. While the nature of the unsheltered in encampments is transient, over the past few months staff has seen a consistent group of twenty to thirty individuals who have been returning to the east side of Industrial Boulevard, primarily between Naples Street and Dorothy Street, as mapped below as the “Area of Concentration”. Encampment Area of Concentration Industrial Boulevard Naples to Dorothy Streets Page 199 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 3 The Area of Concentration is primarily a dirt patch with some established trees, ranging from 8 to 10 feet between the back of the sidewalk and fence that is owned by the Metropolitan Transit System (MTS), to separate public right of way from the trolley tracks, as depicted below after the January 12 clean-up. Encampment Area of Concentration Public Right-of-Way Due to resulting impacts to the businesses, residents, and Harborside Elementary School, on January 16, 2024 staff provided a summary of the “Impact of Unhoused People in the Industrial Boulevard Area” to City Council, in response to a referral provided the week prior. At that time, Council directed staff to proceed with mitigating impacts to the Industrial Boulevard area, inclusive of the installation of fencing at the back side of sidewalk. This item will waive the competitive bidding requirements pursuant to Chula Vista Municipal Code Section 2.56.070(B)(3), due to the immediate concern for public health and safety, and authorize up to $275,000 for the installation of approximately 6,000 feet of fence, from L Street to Main Street, along the east side of Industrial Boulevard. While staff do not anticipate the need to install fence the entire length of Industrial Boulevard, staff intends to phase in the installation and continue to mitigate impacts as needed with additional fencing. The initial installation will focus on approximately 3,000 feet in the Area of Concentration and be installed within the next two months. In addition to monitoring the need for additional fencing, staff will continue to work on the other mitigation measures, per the direction of Council, and return within the next few months to provide an update and approval of additional measures, as appropriate. Staff is recommending appropriating American Rescue Plan Act interest earnings to cover the cost of this expenditure up to $275,000 as allowed under the Coronavirus State and Local Fiscal Recovery Funds Final Rule (31 CFR Part 35), which are not subject to the requirement of the Cash Management Improvement Act and Treasury’s implementing regulations at 2 CFR 200.305(b)(8) and(9)as it pertains to interest earnings being remitted back to the U.S. Department of Treasury. Such interest is also not subject to pr ogram restrictions. Page 200 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 4 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 Approval of the resolution authorizes the use of up to $275,000 in funds from American Rescue Plan Act interest earnings. Staff recommend the following appropriations to fully fund this project: FUND ARPA CATEGORY OTHER CAPITAL TOTAL EXPENSE American Rescue Plan Act 2021 EC0 ARPA 2021 Admin $ 275,000 $ 275,000 TOTAL OTHER FUNDS $ 275,000 $ 275,000 ONGOING FISCAL IMPACT Ongoing maintenance of the fence will be considered as part of the annual budget process for future years. ATTACHMENTS None. Staff Contact: Stacey Kurz, Director of Housing & Homeless Services Kalani Camacho, Public Works Superintendent Page 201 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Form Rev 3/6/2023 RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA WAIVING COMPETITIVE BIDDING REQUIREMENTS PURSUANT TO CHULA VISTA MUNICIPAL CODE SECTION 2.56.070(B)(3) AND AUTHORIZING AND APPROPRIATING FUNDING FOR THE PURCHASE AND INSTALLATION OF FENCE ALONG THE EAST SIDE OF INDUSTRIAL BOULEVARD IN THE PALOMAR/HARBORSIDE AREA WHEREAS, on August 23, 2022, City Council Resolution No. 2022-203 authorized the temporary closure of Harborside Park in order to allow staff time to address health and safety concerns due to illegal activities being conducted at the park and in the surrounding neighborhood; and WHEREAS, since the closure, staff has continued to monitor and conduct routine maintenance in the surrounding area due to encampments, resulting most recently on January 12, 2024, in the removal of 2,000 square feet of graffiti and 36,540 pounds of trash and debris; and WHEREAS, due to impacts of encampments to the businesses, residents, and Harborside Elementary School, on January 16, 2024, City Council directed staff to install fencing along the east side of Industrial Boulevard in the Palomar/Harborside area, approximately 6,000 feet; and WHEREAS, staff has determined that an initial phase of approximately 3,000 feet of fencing should be installed between Naples Street and Dorothy Street in the area most impacted, with additional phasing as needed between L Street and Main Street; and WHEREAS, City Council finds that the use of the competitive bidding process set forth in Chula Vista Municipal Code (CVMC) section 2.56.070 is impractical and that the City’s best interests would be better served by waiving said bidding requirements, particularly given the immediate need to mitigate impacts to the community, as permitted by CVMC section 2.56.070(B)(3). NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, (1) that it, based upon the above findings, that it hereby waives the competitiv e bid requirements set forth in CVMC section 2.56.070 and (2) that it authorizes and appropriates up to $275,000 in interest earned on American Rescue Plan Act funds for the purchase, installation, and maintenance of fence along the east side of Industrial Boulevard between L Street and Main Street and authorizes the City Manager to determine appropriate phasing and enter into any necessary agreements to execute such. FUND ARPA CATEGORY OTHER CAPITAL TOTAL EXPENSE American Rescue Plan Act 2021 EC0 ARPA 2021 Admin $ 275,000 $ 275,000 TOTAL OTHER FUNDS $ 275,000 $ 275,000 Page 202 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Resolution No. Page 2 Presented by Approved as to form by Stacey Kurz Jill D.S. Maland Director of Housing and Homeless Services Lounsbery Ferguson Altona & Peak Acting City Attorney Page 203 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda v . 0 04 P a g e | 1 February 13, 2024 ITEM TITLE Measure A Expenditure Plan and Appropriation: Amend the Measure A Public Safety Expenditure Plan to Fund Drone Program Costs and a Recruiting Campaign for the Police Department and Appropriate Funds Report Number: 24-0038 Location: No specific geographic location Department: Police G.C. § 84308: No 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 approving the amended Measure A Public Safety Expenditure Plan to fund drone program costs and a recruiting campaign for the Police Department and amending the Fiscal Year 2023/24 expenditure budget for the Measure A Sales Tax Fund to appropriate funds for that purpose. (4/5 Vote Required) SUMMARY To date, Measure A has provided funding for a total of 41 sworn and 35.52 full-time equivalent (FTE) civilian positions in the Police Department. Specifically, Measure A funds have allowed the Police Department to add 41 full-time sworn positions, 26 full-time civilian positions, and 20 hourly civilian positions (9.52 FTE). The Police Department is requesting to update the Public Safety Expenditure Plan to add drone program costs and a recruiting campaign using the available balance of the Measure A fund. 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 204 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 2 BOARD/COMMISSION/COMMITTEE RECOMMENDATION During its regular meeting held on January 11, 2024, the Measure A Citizens’ Oversight Committee (COC) recommended City Council approval of updates to the Public Safety Expenditure Plan (PSEP) to add drone program costs and a recruiting campaign. The COC voted unanimously in favor of these PSEP updates. DISCUSSION With the successful passage of the Measure A Sales Tax, staff is continuing to implement the Public Safety Expenditure Plan (PSEP). As of July 1, 2023, the Police Department had a fund balance of $23,323,478 in the Measure A PSEP. The Department anticipates a fund balance of $20,001,928 for the fiscal year ending June 30, 2024 (unaudited projection). From its available fund balance, the Police Department is requesting to include drone costs and a Police Officer recruiting campaign. The chart below outlines the current Measure A staffing plan for the Police Department, as supported by the Measure A Citizens’ Oversight Committee on April 13, 2023 and approved by City Council on May 23, 2023 (during annual budget adoption process). Figure 1. Police Department Public Safety Expenditure Plan as of 7/1/2023 Position FY19 FY20 FY21 FY22 FY23 Total POLICE CAPTAIN 1.0 1.0 POLICE LIEUTENANT 1.0 1.0 POLICE SERGEANT 3.0 3.0 1.0 7.0 POLICE AGENT 1.0 2.0 3.0 2.0 8.0 PEACE OFFICER 4.0 6.0 14.0 24.0 SWORN FTE TOTAL 5.0 11.0 21.0 4.0 0.0 41.0 CIVILIAN BACKGROUND INVESTIGATOR 1.0 1.0 COMMUNITY SERVICES OFFICER 2.0 2.0 4.0 DIGITAL FORENSICS ANALYST II 2.0 2.0 FORENSICS SPECIALIST 1.0 1.0 INFORMATION TECHNOLOGY TECHNICIAN 1.0 1.0 COMMUNICATIONS CENTER MANAGER 1.0 1.0 POLICE DISPATCHER 2.0 5.0 7.0 PROPERTY & EVIDENCE SPECIALIST 3.0 3.0 PROPERTY & EVIDENCE SUPERVISOR 1.0 1.0 PUBLIC INFORMATION SPECIALIST 1.0 1.0 SR. POLICE RECORDS SPECIALIST 3.0 3.0 SR. POLICE TECHNOLOGY SPECIALIST 1.0 1.0 CIVILIAN FTE TOTAL 4.0 10.0 2.0 8.0 2.00 26.00 POLICE DEPARTMENT TOTAL 9.0 21.0 23.0 12.0 2.00 67.00 Note: 20 part-time hourly CSO positions (9.52 FTE) funded through FY 2025 not reflected in the chart Page 205 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 3 Drone Program Costs In 2018, the Chula Vista Police Department pioneered a new concept in rapid response to police emergencies: using uncrewed aerial systems (commonly known as drones) to proactively respond to calls for service. CVPD’s Drone as First Responder (DFR) program stations drones at permanent locations throughout the City and respond to emergency calls for service as soon as they happen. The intent of the program is to get a drone on scene before officers arrive. Certified teleoperators can evaluate the situatio n remotely and relay information to officers. This helps them determine the best tools, tactics and resources to safely mitigate the problem – often before officers arrive to the scene. On February 11, 2021, the Measure A COC voted to support amendments to the Public Safety Expenditure Plan to add one Strategic Ops Lieutenant, one Uncrewed Aerial System (UAS) Sergeant and two UAS Officers, along with contractual costs for Drone Pilots in Command. These amendments to the PSEP covered the significant costs of the City’s UAS program, but it does not include other supplies, services and equipment costs related to the program. The Police Department is requesting to add drone operational costs to the Measure A PSEP, beginning in fiscal year 2024-25. These operational costs include employee training (UAS pilots course), drone repair cost, replacement parts (including batteries), drone accessories (such as propellors and parachute systems), iPads for teleoperators, subscriptions (AirData, FAA registration), and insurance costs. These operational costs were historically paid by Asset Forfeiture funds, but the available fund balance in Asset Forfeiture cannot sustain these ongoing costs. The anticipated cost in fiscal year 2024- 25 is $120,000, and a 5% inflation factor is included in subsequent years. The Police Department currently uses 8 drones for its DFR program. The current drone models are no longer supported by the manufacturer, resulting in an immediate need to replace the drones. The fiscal year 2023- 24 cost for replacing all 8 drones is $192,000 ($24,000 per drone). With an anticipated use life of three years, a replacement schedule will be incorporated in the spending plan to replace the drones every three years. The initial cost and replacement schedule is detailed in the chart below, which includes a 3% inflation factor. Drones (8) FY24 FY25 FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 Annual Cost $192,000 $69,936 $69,936 $69,936 $76,424 $76,424 $76,424 $83,512 $83,512 $83,512 The Police Department plans to purchase the latest model of DJI Matrice drones at this time because it is currently the most effective and cost-efficient product offered for our DFR needs. The manufacturer of future drones may vary during the next replacement cycle, which is scheduled in fiscal year 2026-27. Recruiting Campaign Like other agencies, the Police Department continues to experience a high number of officer vacancies. As of February 6, 2024, there were 23 officer vacancies. To address staffing challenges and to direct recruiting efforts toward diverse candidates and potential recruits who might otherwise not consider law enforcement as a career, the Police Department is proposing to implement a robust recruiting campaign, which includes a custom recruiting website, social media advertisements and a candidate communication platform to streamline the hiring process. The fiscal year 2023-24 cost for the recruiting campaign is detailed in the chart below. Description February March April May June FY 2024 TOTAL Landing Page Setup/Graphic Design $1,500 $0 $0 $0 $0 $1,500 Page 206 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 4 Advertising Campaign Management $2,750 $2,750 $2,750 $2,750 $2,750 $13,750 Candidate Relationship Manager License Fee $250 $250 $250 $250 $250 $1,250 Leadership Meetings, Reporting & Project Management $1,000 $1,000 $1,000 $1,000 $1,000 $5,000 Direct Advertising Spend $3,500 $3,500 $3,500 $3,500 $3,500 $17,500 TOTAL COSTS $9,000 $7,500 $7,500 $7,500 $7,500 $39,000 Ongoing costs for the recruiting campaign are $7,500 per month. The Police Department intends to actively monitor the program for desired outcomes and continue these services until the staff vacancies are at a manageable level (ideally less than ten vacancies). 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 The chart below shows the fiscal impact in fiscal year 2023-24 for drone replacement and the recruiting campaign. Beginning Police Department Funds Available $23,323,478 Category Current FY24 PSEP Proposed Costs Updated FY24 PSEP Estimated 1/2 cent Sales Tax Revenues $13,843,527 $13,843,527 COPS Grant Funding $83,334 $83,334 REVENUE TOTAL $13,926,861 $0 $13,926,861 Ongoing Personnel Expenditures $10,308,424 $10,308,424 Ongoing Non-Personnel Expenditures Transfer Out (Pension Obligations) $1,781,700 $1,781,700 Reimbursement for Support Staff (IT, Fin, HR, City Attorney) $515,918 $515,918 Sworn - non-personnel costs $198,157 $198,157 Police Vehicles, Outfitting, Maint., Fuel, etc. $2,507,772 $2,507,772 Civilian Non-Personnel Costs $171,445 $171,445 Page 207 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 5 Ongoing Non-Personnel Expenditures Subtotal $5,174,992 $0 $5,174,992 One-Time Expenditures Community Services Officer (Hourly) $504,620 $504,620 Computers and other equipment $100,000 $100,000 Drone Pilot In Command contractual costs $921,875 $921,875 Drone Replacement $0 $192,000 $192,000 Recruiting Campaign $0 $39,000 $39,000 One-Time Expenditures Subtotal $1,526,495 $231,000 $1,757,495 EXPENSE TOTAL $17,009,911 $231,000 $17,240,911 NET FISCAL IMPACT ($3,083,050) ($231,000) ($3,314,050) Ending Police Department Available Funds $20,009,428 ONGOING FISCAL IMPACT Costs of proposed items for the next five fiscal years are detailed in the table below. Description FY24 FY25 FY26 FY27 FY28 Drone operational costs $0 $120,000 $126,000 $132,300 $138,915 Drone Replacement $192,000 $69,936 $69,936 $69,936 $76,424 Recruitment Campaign $39,000 $90,000 $94,500 $99,225 $104,186 ANNUAL COST $231,000 $279,936 $290,436 $301,461 $319,525 Attachment 1 (Public Safety Expenditure Plan as of 2-6-2024) shows the amended Measure A PSEP, which includes the proposed amendments highlighted in yellow. Drone operational costs are added to the expenditure plan effective fiscal year 2024-25. City staff believe that the projected sales tax revenues are conservative and the overall reserves in the Measure A fund would be sufficient to fund all positions. It is important to note that Measure A projected sales tax revenues fluctuate with the economy. The City will actively monitor the trends to determine if Measure A positions need to be held vacant in order to avoid long-term structural deficits and avoid layoffs or service level impacts. If at any point in time there exists budgetary challenges due to unforeseen cost increases or sales tax revenue losses, City staff will reassess the PSEP to determine if positions need to be frozen or removed from the plan, to avoid any fiscal impact to General Fund services. ATTACHMENTS 1. CVPD Measure A Public Safety Expenditure Plan as of 2-6-2024 Staff Contact: Assistant Chief Phil Collum, Police Department Page 208 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE AMENDED MEASURE A PUBLIC SAFETY EXPENDITURE PLAN TO FUND DRONE PROGRAM COSTS AND A RECRUITING CAMPAIGN FOR THE POLICE DEPARTMENT AND APPROPRIATING FUNDS THEREFOR WHEREAS, on February 27, 2018 the City Council approved Ordinance 3415 (the “Ordinance”) proposing to add Chapter 3.34 to Title 3 of the Chula Vista Municipal Code establishing a one-half cent General Transactions and Use Tax to be administered by the California Department of Tax and Fee administration; and WHEREAS, concurrently the City Council adopted a spending plan expressing its intention to expend any new sales tax revenues generated under the Ordinance on public safety (the “Intended Public Safety Expenditure Plan”); and WHEREAS, the Ordinance was placed on the ballot for the June 2018 election as “Measure A,” subject to approval by an affirmative, simple majority vote of the people as required by law; and WHEREAS, on June 5, 2018, the voters of the City of Chula Vista approved Measure A authorizing a one-half cent sales tax on retail sales within the City; and WHEREAS, on January 4, 2024, City staff presented to the Measure A Citizens Oversight Committee (COC) a proposed amendment to the Intended Expenditure Plan to add drone program costs and a recruiting campaign for the Police Department; and WHEREAS, the Measure A COC voted unanimously to recommend City Council approval of the proposed expenditure plan changes. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it (1) amends the Fiscal Year 2023/24 Expenditure Budget of the Measure A Sales Tax Fund to appropriate funds for drone program costs and a recruiting campaign for the Police Department from the Measure A available fund balance, and (2) approves the amended Measure A Public Safety Expenditure Plan, in the form presented. Presented by Approved as to form by Chief Roxana Kennedy Jill D.S. Maland Police Department Lounsbery Ferguson Altona & Peak Acting City Attorney Page 209 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Proposed Public Safety Spending Plan Updated February 6, 2024 Est. One-half cent Sales Tax Revenues Phase I - Critical Needs Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Total 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Estimate Police Department Spending Plan Est. Beginning Police Department Funds Available 23,323,478$ 20,009,428$ 17,972,202$ 16,490,629$ 14,941,505$ 13,302,168$ 11,579,532$ 9,725,851$ 7,727,693$ 5,578,200$ Estimated 1/2 cent Sales Tax Revenues 13,843,527$ 13,981,962$ 14,401,421$ 14,833,464$ 15,278,468$ 15,736,822$ 16,208,927$ 16,695,195$ 17,196,051$ 17,711,933$ 155,887,770$ Other Revenue -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ -$ COPS Grant Funding 83,334$ -$ -$ -$ -$ -$ -$ -$ -$ -$ 83,334$ Estimated Funds Available - Police Department 37,250,339$ 33,991,390$ 32,373,623$ 31,324,093$ 30,219,973$ 29,038,990$ 27,788,459$ 26,421,046$ 24,923,744$ 23,290,133$ Ongoing Personnel Expenditures Peace Officers 4,755,280$ 5,007,726$ 5,179,955$ 5,357,626$ 5,544,165$ 5,740,588$ 5,965,018$ 6,201,851$ 6,451,753$ 6,715,895$ 56,919,857$ Police Agents 1,036,262 1,293,382 1,337,313 1,382,522 1,430,029 1,479,957 1,537,415 1,597,988 1,661,893 1,729,391 14,486,152$ Police Sergeants 1,855,472 1,979,624 2,046,374 2,114,925 2,186,906 2,262,551 2,350,188 2,442,538 2,539,949 2,642,805 22,421,332$ Police Lieutenant 238,285 258,028 266,484 275,135 284,195 293,691 304,721 316,315 328,513 341,358 2,906,725$ Police Captain 283,633 306,848 328,748 352,221 377,597 405,035 435,776 469,003 504,919 543,750 4,007,530$ Civilian Background Investigator 89,820 104,447 106,842 109,305 111,839 114,530 117,466 120,492 123,613 126,829 1,125,183$ Community Services Officer 317,293 359,773 368,306 377,092 386,150 395,758 406,211 417,002 428,141 439,643 3,895,369$ Digital Forensics Analyst II 180,904 269,566 277,697 286,085 294,741 303,903 313,835 324,105 334,726 345,713 2,931,275$ Forensics Specialist 106,134 120,441 124,117 127,912 131,828 135,973 140,460 145,102 149,904 154,873 1,336,744$ Information Technology Technician 79,013 107,538 110,862 114,294 117,838 121,588 125,644 129,840 134,186 138,683 1,179,486$ Police Comm Systems Manager 165,742 183,684 187,528 191,471 195,513 199,814 204,538 209,391 214,378 219,503 1,971,562$ Police Dispatcher 771,069 897,659 917,853 938,602 959,939 982,547 1,007,163 1,032,513 1,058,628 1,085,523 9,651,496$ Property & Evidence Specialist 230,711 260,454 268,719 277,266 286,104 295,449 305,535 315,981 326,811 338,034 2,905,064$ Property & Evidence Supervisor 104,366 109,572 112,952 116,441 120,045 123,858 127,981 132,248 136,665 141,238 1,225,366$ Public Information Specialist 100,046 115,327 118,864 122,513 126,282 130,269 134,584 139,049 143,670 148,452 1,279,056$ Police Technology Specialist 119,158 141,671 144,722 147,853 151,069 154,486 158,233 162,086 166,050 170,129 1,515,457$ Sr Police Records Specialist 245,858 269,184 277,689 286,479 295,572 305,187 315,564 326,316 337,449 348,990 3,008,288$ 3% personnel cost savings (370,621) (369,181) (365,251) (377,332) (389,994) (403,356) (418,510) (434,455) (451,237) (468,924) (4,048,861)$ Ongoing Personnel Expenditures Subtotal 10,308,424 11,415,743 11,809,774 12,200,410 12,609,818 13,041,828 13,531,822 14,047,365 14,590,011 15,161,885 128,717,080 Ongoing Non-Personnel Expenditures Transfer Out: Pension Obligations 1,781,700 1,209,950 1,231,712 1,263,618 1,295,561 1,328,335 1,361,823 1,383,844 1,407,773 1,599,196 13,863,512$ Reimbursement for Support Staff (IT, Fin, HR, City Attorney)515,918 524,324 540,053 556,255 572,943 590,131 607,835 626,070 644,852 664,197 5,842,577$ Sworn - non-personnel costs 237,157 298,064 312,967 328,616 345,046 362,299 380,414 399,434 419,406 440,376 3,523,778$ Police Vehicles, Outfitting, Maint., Fuel, etc.2,507,772 639,741 644,414 654,683 672,838 677,944 683,204 692,131 697,711 797,843 8,668,281$ Civilian Non-Personnel Costs 171,445 180,018 189,018 198,469 208,393 218,813 229,753 241,241 253,303 265,968 2,156,421$ Ongoing Non-Personnel Expenditures Subtotal 5,213,992 2,852,096 2,918,165 3,001,641 3,094,781 3,177,521 3,263,028 3,342,720 3,423,045 3,767,581 34,054,569 One-Time Expenditures Community Services Officer (Hourly)504,620 521,100 - - - - - - - - 1,025,720$ Multi-Purpose Store Front and Public Safety Training Center -$ Computers and other equipment 100,000 100,000 - - - - - - - - 200,000$ Drone Replacement 192,000 69,936 69,936 69,936 76,424 76,424 76,424 83,512 83,512 83,512 881,616$ Drone Program Costs - 120,000 126,000 132,300 138,915 145,861 153,154 160,812 168,853 177,296 1,323,191$ Drone Pilot In Command contractual costs 921,875 940,313 959,119 978,301 997,867 1,017,824 1,038,180 1,058,944 1,080,123 1,101,725 10,094,271$ One-Time Expenditures Subtotal 1,718,495 1,751,349 1,155,055 1,180,537 1,213,206 1,240,109 1,267,758 1,303,268 1,332,488 1,362,533 13,524,798 Total Police Department Proposed Expenditures 17,240,911$ 16,019,188$ 15,882,994$ 16,382,588$ 16,917,805$ 17,459,458$ 18,062,608$ 18,693,353$ 19,345,544$ 20,291,999$ 176,296,448$ Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year Fiscal Year 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Est. Ending Police Department Available Funds 17,130,196$ 15,296,998$ 13,838,169$ 12,205,613$ 10,476,895$ 8,663,803$ 6,709,395$ 4,605,903$ 2,347,494$ (390,630)$ Reserve Contribution (16.7% of Operating Budget)2,879,232$ 2,675,204$ 2,652,460$ 2,735,892$ 2,825,273$ 2,915,729$ 3,016,456$ 3,121,790$ 3,230,706$ 3,388,764$ Est. Ending Police Department Available Funds including Reserves 20,009,428$ 17,972,202$ 16,490,629$ 14,941,505$ 13,302,168$ 11,579,532$ 9,725,851$ 7,727,693$ 5,578,200$ 2,998,134$ Phase I - Critical Needs Funding Page 210 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda v . 0 0 4 P a g e | 1 February 13, 2024 ITEM TITLE Policy and Investment Report: Amend City Council Policy No. 220-01, Delegate Investment Activity Authority to the Director of Finance/Treasurer, and Accept the Investment Report for Quarter Ending December 31, 2023 Report Number: 24-0051 Location: No specific geographic location Department: Finance G.C. § 84308: No 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 acknowledging receipt of City Council Policy No. 220-01 Investment Policy and Guidelines, amending the existing policy, delegating investment activity authority to the Director of Finance/Treasurer, and accepting the investment report for the quarter ending on December 31, 2023. SUMMARY Per California Government Code Section 53607, on an annual basis the City Council may delegate to the City Treasurer the authority to conduct the investment activities of the City. And, per Government Code Section 53646, the City Treasurer may annually present the City’s Investment Policy to the City Council to reaffirm or make any changes to the existing policy. The City Council Policy No. 220-01 Investment Policy and Guidelines (Policy) provides guidelines for the investment of idle funds and affords the City various investment opportunities, as long as the investment is deemed prudent and is allowable under Government Code Section 53600, et seq. The Policy was reviewed and adopted by City Council on March 7, 2023. At this time, staff is recommending changes to the Policy required to align with the California Government Code. Transmitted herewith is the City’s investment report for the quarter ending December 31, 2023, to meet the reporting requirements set forth in the California Government Code Sections 53600 et seq. and the City’s Investment Policy and Guidelines. Page 211 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 2 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. DISCUSSION Investment Policy: The City’s Investment Policy and Guidelines (Policy) was last amended on March 7, 2023 by Resolution 2023- 024 and was intended to provide direction for the prudent investment of temporarily idle cash, and for maximizing the efficiency of the cash management process. The stated goal is to enhance the economic condition of the City while ensuring the safety of funds invested. The Policy includes a list of specific investment instruments available under the relevant California Government Code Section 53600 et seq. Each investment transaction is made in the context of first ensuring the “safety” of principal, second, investing only for that timeframe that the cash is not needed for operational purposes (“liquidity”), and last, seeking the highest return possible (“yield”) provided that the first two factors are met. Per Section 18.0 of the Policy, each fiscal year the Finance Director/Treasurer shall provide a copy of the Policy for adoption by the City Council. At this time, staff is recommending changes to Section 9.0 Authorized and Suitable Investments and Section 17.0 Reporting required to align with the California Government Code that include: (a) increases to the maximum percentage of the portfolio that may be invested in commercial paper; (b) revisions to eligible investments under asset backed securities; and (c) that quarterly investment reports will be submitted to the City Council and City Manager within 45 days following the end of each quarter. Other recommended changes include updates to the Glossary section to improve the overall clarity of the Policy and terminology changes as prescribed by the Governmental Accounting Standards Board (GASB). Quarterly Investment Report As shown in the following table, the total cash and investment portfolio held by the City as of December 31, 2023, was $624,550,463 and total cash and investments held by the trustees was $144,333,457. Page 212 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 3 Summary of Cash and Investments as of December 31, 2023 Investments Book Value Managed Investment Portfolio $ 573,173,779 State of California Local Agency Investment Fund 15,001,163 County of San Diego Pooled Investment Fund 139,860 Total Investments Held by the City 588,314,802 Cash/Time Deposits 36,235,661 Total Cash and Investments Held by the City 624,550,463 Cash and Investments Held by Bank Trustee 144,333,457 Total Investment Portfolio $ 768,883,920 Cash and investments held by the City and the trustees continue to be invested in accordance with the Government Code and the City’s Investment Policy as adopted by Resolution 2023-024 on March 7, 2023. During this quarter, thirty-four investments matured, totaling $98,153,000. Eighteen purchases were made to replace those investments. Purchased investments include: thirteen treasury notes ($78,400,000), one federal agency bond ($6,400,000), two supranational ($11,000,000), and two commercial paper ($16,000,000). 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. Two-year Treasuries were yielding 5.03% at the beginning of the quarter and ended the quarter at a yield of 4.23%. As of December 31, 2023, the Weighted Yield to Maturity on the Managed Investment Portfolio was 3.06%, which was an increase of 33 basis points from the previous quarter. The average yield of the two- year U.S. treasury note over the last twelve months is 4.60%. 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 1.66 years, which is an increase from 1.46 years the prior quarter. 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 October 31 and December 12. At both October 31 and December 12 meeting, the FOMC voted to maintain the Federal Funds Rate target range. The Federal Funds Rate target range is 5.25%-5.50%. The following excerpts are from the statement issued by the FOMC following their December 12 meeting. “Recent indicators suggest that growth of economic activity has slowed from its strong pace in the third quarter. Job gains have moderated since earlier in the year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. The U.S. banking system is sound and resilient. Tighter financial and credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. The extent of these effects remains 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 longer run. In support of these goals, the Committee decided to maintain the target range for the federal Page 213 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 4 funds rate at 5-1/4 to 5-1/2 percent. The Committee will continue to assess additional information and its implications for monetary policy. In determining the extent of any additional policy firming that may be appropriate 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, with the assistance of Chandler Asset Management, Inc, continues to manage the City’s investment portfolio in accordance with the California Government Code and the City’s Investment Policy. 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. 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 December 31, 2023 2. Investment Report for the Quarter Ended December 31, 2023 3. Council Policy 220-01 Investment Policy and Guidelines – Redline Version Staff Contact: Adrian Del Rio, Assistant Director, Finance Department Sarah Schoen, Director of Finance/Treasurer Page 214 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACKNOWLEDGING RECEIPT OF COUNCIL POLICY 220-01, INVESTMENT POLICY AND GUIDELINES, AMENDING THE EXISTING POLICY, DELEGATING INVESTMENT ACTIVITY AUTHORITY TO THE DIRECTOR OF FINANCE/TREASURER, AND ACCEPTING THE INVESTMENT REPORT FOR THE QUARTER ENDING DECEMBER 31, 2023 WHEREAS, the City of Chula Vista’s “Investment Policy and Guidelines,” amended on March 7, 2023 by Resolution No. 2023-024 (the “Policy”), is intended to provide direction for the prudent investment of temporarily idle cash and to maximize the efficiency of the cash management process; and WHEREAS, the stated goal of the Policy is to enhance the economic condition of the City while ensuring the safety of funds invested; and WHEREAS, the Policy includes a list of specific investment instruments available pursuant to California Government Code sections 53600, et seq. and 53635; and WHEREAS, each investment transaction is made in the context of first ensuring the "safety" of principal, second, investing only for that timeframe that the cash is not needed for operational purposes ("liquidity"), and last seeking the highest return possible ("yield") provided that the first two factors are met; and WHEREAS, in accordance with Section 18.0 of the Policy, staff has provided the City Council with a copy of the City’s Investment Policy; and WHEREAS, staff recommends that the Policy be amended to update Section 9.0, Authorized and Suitable Investments, as it rel ates to the investment type Commercial Paper and Asset Backed Securities, to align with the California Government Code; and WHEREAS, staff recommends that the Policy be amended to update Section 17.0, Reporting, to indicate that Director of Finance/Treasurer shall submit a quarterly investment report to the City Council and City Manager within 45 days following the end of each quarter, to align with the California Government Code; and WHEREAS, staff recommends that the Policy be amended to update Glossary section to improve overall clarity of the Policy; and WHEREAS, staff recommends that the Policy be amended to reflect these changes; and WHEREAS, pursuant to California Government Code Section 53607, the City Council Page 215 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Resolution No. __________ Page 2 may delegate the authority to conduct investment activities of the City to the Finance Director/Treasurer on an annual basis; and WHEREAS, City staff has prepared, and provide the City Council with, a copy of the City’s Investment Report for the quarter ending December 31, 2023. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that it:  Acknowledges receipt of Council Policy 220-01, Investment Policy and Guidelines;  Amends the existing policy as set forth in Exhibit 1 to this resolution, attached hereto and incorporated herein;  Delegates the authority to conduct and supervise the investment activities of the City to the Director of Finance/Treasurer; and  Accepts the Investment Report for the quarter ending December 31, 2023. Presented by Approved as to form by _______________________ By: ______________________ Sarah Schoen Jill D.S. Maland Director of Finance/Treasurer Lounsbery Ferguson Altona & Peak Acting City Attorney Page 216 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 1 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); 1.0 Purpose: This “Investment Policy and Guidelines” (the “Investment Policy”) Policy is intended to provide guidelines for the prudent investment of the City of Chula Vista’s (the “City”) cash balances, and outline policies to assist in maximizing the efficiency of the City’s cash management system, while meeting the daily cash flow demands of the City. 2.0 Policy: The investment practices and policies of the City of Chula Vista are based upon state law and prudent money management. 3.0 Scope: This Investment Policy applies to all financial assets of the City of Chula Vista, as indicated in 3.1 below. These funds are accounted for in the City’s Comprehensive Annual Financial Report. 3.1 Funds: The Director of Finance/Treasurer is responsible for investing the unexpended cash in the City Treasury for all funds, except for the employee’s retirement funds, which are administered separately, and those funds which are managed separately by trustees appointed under indenture agreements. The Director of Finance/Treasurer will strive to maintain the level of investment of this cash as close as possible to 100%. These funds are described in the City’s annual financial report and include:  General Fund  Special Revenue Funds  Capital Project Funds  Enterprise Funds  Fiduciary Funds  Any new fund created by the legislative body, unless specifically exempted This Investment Policy applies to all transactions involving the financial assets and related activity of the foregoing funds. Page 217 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 2 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); Bond proceeds shall be invested in the investments permitted by the applicable bond documents. If the bond documents are silent as to the permitted investments, the bond proceeds will be invested in the securities permitted by this Policy. Notwithstanding the other provisions of this Policy, the percentage limitations listed elsewhere in this Policy do not apply to bond proceeds. 4.0 Prudence: The standard of prudence to be used by the Director of Finance/Treasurer shall be the “prudent investor standard”. This shall be applied in the context of managing an overall portfolio. The “prudent investor standard” is applied to local agencies, pursuant to California Government Code Section 53600.3 which provides, in pertinent part: “ … all governing bodies of local agencies or persons authorized to make investment decisions on behalf of those local agencies investing public funds pursuant to this chapter are trustees and therefore fiduciaries subject to the prudent investor standard. When investing, reinvesting, purchasing, acquiring, exchanging, selling, or managing public funds, a trustee shall act with care, skill, prudence, and diligence under the circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated needs of the agency, that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the agency…” 4.1 Personal Responsibility: The Director of Finance/Treasurer, Assistant Director of Finance, Treasury Manager and Finance Manager as investment officers acting in accordance with written procedures and the Investment Policy and exercising due diligence, shall be relieved of personal responsibility for an individual security’s credit risk or market price changes, provided deviations from expectations are reported to the City Council in a timely fashion and appropriate action is taken to control adverse developments. 5.0 Objective: Consistent with this aim, investments are made under the terms and conditions of California Page 218 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 3 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); Government Code Section 53600, et seq. Criteria for selecting investments and the absolute order of priority are: 5.1 Safety: Safety of principal is the foremost objective of the investment program. Investments of the City of Chula Vista shall be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. To attain this objective, diversification is required in order that potential losses on individual securities do not exceed the income generated from the remainder of the portfolio. 5.2 Liquidity: The City of Chula Vista’s investment portfolio will remain sufficiently liquid to enable the City to meet all operating requirements which might be reasonably anticipated and to maintain compliance with any indenture agreement, as applicable. Liquidity is essential to the safety of principal. 5.3 Return on Investments: The City of Chula Vista’s investment portfolio shall be designed with the objective of attaining a market-average rate of return throughout budgetary and economic cycles (market interest rates), within the City’s Investment Policy’s risk parameters and the City’s cash flow needs. See also Section 16.0. 6.0 Delegation of Authority: The City Council delegates responsibility for the investment program to the Director of Finance/Treasurer for a period of one year. Subject to review, the City Council may renew the delegation of authority each year. The Director of Finance/Treasurer shall be responsible for all transactions undertaken and shall establish a system of controls and written procedures to regulate the activities of subordinate officials. The responsibility for the day-to-day investment of City funds will be delegated to the Assistant Director of Finance or their designee. The Director of Finance/Treasurer may delegate day-to-day investment decision making and execution authority to an investment advisor. The advisor shall follow the Investment Policy and such other written instructions as are provided. 7.0 Ethics and Conflicts of Interest: Page 219 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 4 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); In addition to state and local statutes relating to conflicts of interest, all persons involved in the investment process shall refrain from personal business activity that could conflict with proper execution of the investment program, or which could impair their ability to make impartial investment decisions. Employees and investment officers, including investment advisors, are required to file annual disclosure statements as required for “public officials who manage public investments” [as defined and required by the Political Reform Act and related regulations, including Government Code Sections 81000, et seq., and the rules, regulations and guidelines promulgated by California’s Fair Political Practices Commission (FPPC)]. 8.0 Authorized Financial Dealers and Institutions: For any transactions executed by the City, the City’s Director of Finance/Treasurer will maintain a list of the financial institutions and brokers/dealers authorized to provide investment and depository services and will perform an annual review of their financial condition. The City will utilize Moody’s Securities or other such services to determine financially sound institutions with which to do business. The City shall annually send a copy of the current Investment Policy to all financial institutions and brokers/dealers approved to do business with the City. As far as possible, all money belonging to, or in the custody of, a local agency, including money paid to the City’s Director of Finance/Treasurer or other official to pay the principal, interest, or penalties of bonds, shall be deposited for safekeeping in state or national banks, savings associations, federal associations, credit unions, or federally insured industrial loan companies in this state selected by the City’s Director of Finance/Treasurer; or may be invested in the investments set forth in Section 9.0. To be eligible to receive local agency money, a bank, savings association, federal association, or federally insured industrial loan company shall have received an overall rating of not less than “satisfactory” in its most recent evaluation by the appropriate federal financial supervisory agency of its record of meeting the credit needs of California’s communities, including low- and moderate-income neighborhoods. To provide for the optimum yield in the investment of City funds, the City’s investment procedures shall encourage competitive bidding on transactions. Any transactions not executed directly with the issuer shall be made with approved brokers/dealers. In order to be approved by the City, the broker/dealer must meet the following criteria: (i) the broker/dealer must be a “primary” dealer or regional broker/dealer that qualifies under Securities and Exchange Commission Rule 15C3-1 (Uniform Net Capital Rule); (ii) the broker/dealer must be experienced in institutional trading practices and Page 220 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 5 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); familiar with the California Government Code as related to investments appropriate for the City; and (iii) all other applicable criteria, as may be established in the investment procedures. All brokers/dealers and financial institutions who desire to become qualified bidders for investment transactions must submit documents relative to eligibility including U4 form for the broker, proof of Financial Industry Regulatory Authority (FINRA) certification and a certification of having read and understood the City’s Investment Policy and agreeing to comply with the Investment Policy. The City’s Director of Finance/Treasurer shall determine if they are adequately capitalized (i.e. minimum capital requirements of $10,000,000 and five years of operation). If the City has an investment advisor, the investment advisor may use its own list of authorized issuers and broker/dealers to conduct transactions on behalf of the City. 9.0 Authorized and Suitable Investments: The City is authorized by California Government Code Section 53600, et. seq., to invest in specific types of securities. Where this section specifies a percentage limitation for a particular security type, that percentage is applicable only on the date of purchase. Credit criteria listed in this section refers to the credit rating at the time the security is purchased. If an investment’s credit rating falls below the minimum rating required at the time of purchase, the Director of Finance/Treasurer will perform a timely review and decide whether to sell or hold the investment. Investments not specifically listed below are deemed inappropriate and prohibited: A. BANKERS’ ACCEPTANCES. A maximum of 40% of the portfolio may be invested in bankers’ acceptances. The maximum maturity is 180 days. No more than 30% of the agency’s moneys may be invested in the bankers’ acceptances of any one commercial bank. See Government Code Section 53601(g). B. NEGOTIABLE CERTIFICATES OF DEPOSIT. A maximum of 30% of the portfolio may be invested in negotiable certificates of deposit (NCD’s). The maximum maturity of a NCD issue shall be 5 years. These are issued by commercial banks and thrift institutions against funds deposited for specified periods of time and earn specified or variable rates of interest. Negotiable certificates of deposit (NCD’s) differ from other certificates of deposit by their liquidity. NCD’s are traded actively in secondary markets. See Government Code Section 53601(i). Page 221 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 6 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); C. COMMERCIAL PAPER. A maximum of 40% of the portfolio may be invested in commercial paper. No more than 10% of the outstanding commercial paper of any single issuer may be purchased. The maximum maturity is 270 days. Commercial paper of prime quality of the highest ranking or of the highest letter and number rating as provided for by a NRSRO. The entity that issues the commercial paper shall meet all of the following conditions in either paragraph (1) or paragraph (2): 1) The entity meets the following criteria: a. Is organized and operating in the United States as a general corporation. b. Has total assets in excess of five hundred million dollars ($500,000,000). c. Has debt other than commercial paper, if any, that is rated in a rating category of “A” or higher, or the equivalent, by a NRSRO. 2) The entity meets the following criteria: a. Is organized within the United States as a special purpose corporation, trust, or limited liability company. b. Has program wide credit enhancements including, but not limited to, over collateralization, letters of credit, or surety bond. c. Has commercial paper that is rated in a rating category of “A-1” or higher, or the equivalent, by a NRSRO. See Government Code Section 53601(h). D. BONDS ISSUED BY THE CITY OR ANY LOCAL AGENCY WITHIN THE STATE OF CALIFORNIA. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(a) and 53601(e). E. OBLIGATIONS OF THE UNITED STATES TREASURY. United States Treasury Notes, bonds, bills or certificates of indebtedness, or those for which the faith and credit of the United States are pledged for the payment of principal and interest. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(b). F. FEDERAL AGENCIES. Federal agency or United States government-sponsored enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or United States government-sponsored enterprises. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(f). Page 222 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 7 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); G. REPURCHASE AGREEMENT, maximum term 1 year. Investments in repurchase agreements may be made, on any investment authorized in this section, when the term of the agreement does not exceed 1 year. A Master Repurchase Agreement must be signed with the bank or broker/dealer who is selling the securities to the City. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(j). H. REVERSE-REPURCHASE AGREEMENTS (Requires Council approval for each transaction). Per Government Code Section 53601(j), reverse repurchase agreements or securities lending agreements may be utilized only when all of the following conditions are met: a) The security to be sold on reverse repurchase agreement or securities lending agreement has been owned and fully paid for by the local agency for a minimum of 30 days prior to sale. b) The total of all reverse repurchase agreements and securities lending agreements on investments owned by the local agency does not exceed 20% of the base value of the portfolio. c) The agreement does not exceed a term of 92 days, unless the agreement includes a written codicil guaranteeing a minimum earning or spread for the entire period between the sale of a security using a reverse repurchase agreement or securities lending agreement and the final maturity date of the same security. d) Funds obtained or funds within the pool of an equivalent amount to that obtained from selling a security to a counter party by way of a reverse repurchase agreement or securities lending agreement, shall not be used to purchase another security with a maturity longer than 92 days from the initial settlement date of the reverse repurchase agreement or securities lending agreement, unless the reverse repurchase agreement or securities lending agreement includes a written codicil guaranteeing a minimum earning or spread for the entire period between the sale of a security using a reverse repurchase agreement or securities lending agreement and the final maturity date of the same security. e) Investments in reverse repurchase agreements, securities lending agreements, or similar investments in which the local agency sells securities prior to purchase with a simultaneous agreement to repurchase the security shall only be made with primary dealers of the Federal Reserve Bank of New York or with a nationally or state-chartered bank that has or has had a significant banking relationship with a local agency. Page 223 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 8 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); f) For purposes of this policy, “significant banking relationship” means any of the following activities of a bank: i. Involvement in the creation, sale, purchase, or retirement of a local agency’s bonds, warrants, notes, or other evidence of indebtedness. ii. Financing of a local agency’s activities. iii. Acceptance of a local agency’s securities or funds as deposits. I. MEDIUM-TERM CORPORATE NOTES. A maximum of 30% of the portfolio may be invested in medium-term corporate notes, with a maximum remaining maturity of five years or less. Notes eligible for investment shall be rated in a rating category of “A,” its equivalent or better by a NRSRO. See Government Code Section 53601(k). No more than 10% of the City’s total investment assets may be invested in the commercial paper and the medium-term notes of any single issuer. J. NON-NEGOTIABLE CERTIFICATES OF DEPOSIT. The maximum maturity is 5 years. Certificates of deposit are required to be collateralized as specified under Government Code Section 53630 et seq. The City, at its discretion, may waive the collateralization requirements for any portion that is covered by Federal Deposit Insurance Corporation (FDIC) insurance. There is no limit on the percentage of the portfolio that can be invested in this category. K. OBLIGATIONS OF THE STATE OF CALIFORNIA. Including bonds payable solely out of revenues from a revenue producing property owned, controlled or operated by the state, or by a department, board, agency or authority of the state. The maximum maturity is 5 years. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(d). L. OBLIGATIONS OF THE OTHER 49 STATES. Including bonds payable solely out of revenues from a revenue producing property owned, controlled or operated by any of these states, or by a department, board, agency or authority of the state. The maximum maturity is 5 years. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(d). M. MONEY MARKET FUNDS. A maximum of 20% of the portfolio may be invested in money market funds. No more than 10% of the agency’s funds may be invested in shares of beneficial interest of any one mutual fund. Local agencies may invest in “shares of beneficial interest” issued Page 224 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 9 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); by diversified management companies which invest in the securities and obligations as authorized by California Government Code Section 53601, subdivisions (a) to (k), inclusive, and subdivisions (m) to (q), inclusive. They must have the highest rating from two NRSRO’s or have retained an investment advisor registered or exempt from registration with the Securities and Exchange Commission with not less than five years of experience managing money market mutual funds and with assets under management in excess of $500,000,000. The purchase price of the shares may not include commission. See Government Code Section 53601(l). N. SAN DIEGO COUNTY TREASURER’S POOLED MONEY FUND. Also known as the San Diego County Investment Pool, the pool is a local government money fund created to invest the assets of the County of San Diego and other public agencies located within the County. The three primary objectives of the County Pool are to safeguard principal; to meet liquidity needs of Pool participants; and to achieve an investment return on the funds within the guidelines of prudent risk management. Investment in the County Pool is highly liquid and the City may invest with no portfolio percentage limit. See Government Code Section 27133. O. THE LOCAL AGENCY INVESTMENT FUND (LAIF). LAIF is a special fund of the California State Treasury through which any local government may pool investments. The City may invest up to $75 million in this fund. Investments in LAIF are highly liquid and may be converted to cash within 24 hours. See Government Code Section 16429.1. P. SHARES OF BENEFICIAL INTEREST ISSUED BY A JOINT POWERS AUTHORITY (Local Government Investment Pools [LGIP]). Per Government Code Section 53601(p), there is no limit on the percentage of the portfolio that can be invested in this category. LGIP’s organized pursuant to Government Code Section 6509.7 that invests in the securities and obligations authorized in subdivisions (a) to (q) of California Government Code Section 53601, inclusive. Each share will represent an equal proportional interest in the underlying pool of securities owned by the joint powers authority. To be eligible under this section the joint powers authority issuing the shares will have retained an investment adviser that meets all of the following criteria: • The adviser is registered or exempt from registration with the Securities and Exchange Commission. • The adviser has not less than five years of experience investing in the securities and obligations authorized in subdivisions (a) to (q) Government Code Section 53601, inclusive. • The adviser has assets under management in excess of five hundred million dollars ($500,000,000). Page 225 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 10 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); Q. ASSET BACKED SECURITIES (ABS). A maximum of 20% of the portfolio may be invested in ABS. The maximum maturity is five years. Securities eligible for investment under this subdivision not issued or guaranteed by issuers identified in subdivision E and F, shall be rated in a rating category of “AA” or its equivalent or better by an NRSRO. ABS constitutes a mortgage pass- through security, collateralized mortgage obligation, mortgage-backed or other pay-through bond, equipment lease-backed certificate, consumer receivable pass-through certificate, or consumer receivable-backed bond. See Government Code Section 53601(o). R. SUPRANATIONALS. A maximum of 30% of the portfolio may be invested in supranationals. The maximum maturity is five years. Securities eligible for purchase under this subdivision shall be United States dollar denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Development, International Finance Corporation, or Inter-American Development Bank that are eligible for purchase and sale within the United States. Investments under this subdivision shall be rated in a rating category of “AA,” its equivalent or better by an NRSRO. See Government Code Section 53601(q). S. PLACEMENT SERVICE DEPOSITS. A maximum of 30% of the portfolio may be invested in placement service deposits. The maximum maturity is 5 years. Deposits placed through a deposit placement service shall meet the requirements under Government Code Section 53601.8 and 53635.8. The full amount of the principal and the interest that may be accrued during the maximum term of each certificate of deposit shall at all times be insured by federal deposit insurance. T. COLLATERALIZED BANK DEPOSITS. Notes, bonds, or other obligations that are at all times secured by a valid first priority security interest in securities of the types listed by California Government Code Section 53651 as eligible securities for the purpose of securing local agency deposits having a market value at least equal to that required by California Government Code Section 53652 for the purpose of securing local agency deposits. The securities serving as collateral shall be placed by delivery or book entry into the custody of a trust company or the trust department of a bank that is not affiliated with the issuer of the secured obligation. The maximum maturity is 5 years. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(n) and 53630 et seq. 9.1 Investment Pools: Page 226 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 11 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); The City’s Director of Finance/Treasurer or designee shall be required to investigate all local government investment pools and money market mutual funds prior to investing and performing at least a quarterly review thereafter while the City is invested in the pool or the money market fund. LAIF is authorized under provisions in Section 16429.1 of the California Government Code as an allowable investment for local agencies even though some of the individual investments of the pool are not allowed as a direct investment by a local agency. 10.0 Portfolio Adjustments: Should any investment listed in section 9.0 exceed a percentage-of-portfolio limitation due to an incident such as fluctuation in portfolio size, the affected securities may be held to maturity to avoid losses. When no loss is indicated, the Director of Finance/Treasurer shall consider reconstructing the portfolio basing his or her decision on the expected length of time the portfolio will be unbalanced. If this occurs, the City Council shall be notified. 11.0 Collateralization: Under provisions of the California Government Code, California banks, and savings and loan associations are required to secure the City’s deposits by pledging letters of credit issued by the Federal Home Loan Bank of San Francisco with a value of 105% of the principal and accrued interest, government securities with a value of 110% of principal and accrued interest or first trust deed mortgage notes having a value of 150% of the City’s total deposits. Collateral will be handled as required by the California Government Code. The Director of Finance/Treasurer, at his or her discretion, may waive the collateral requirement for deposits that are fully insured up to $250,000 by the Federal Deposit Insurance Corporation. The market value of securities that underlay a repurchase agreement shall be valued at 102% or greater of the funds borrowed against those securities and the value shall be adjusted no less than quarterly. Since the market value of the underlying securities is subject to daily market fluctuations, the investments in repurchase agreements shall be in compliance if the value of the underlying securities is brought back up to 102% no later than the next business day. Collateral will always be held by an independent third party. A clearly marked evidence of ownership (safekeeping receipt) must be supplied to the City and retained. The right of collateral substitution is granted. Page 227 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 12 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); 12.0 Safekeeping and Custody: All City investments shall identify the City of Chula Vista as the registered owner, and all interest and principal payments and withdrawals shall indicate the City of Chula Vista as the payee. All securities shall be safe kept with the City itself or with a qualified financial institution, contracted by the City as a third party. All agreements and statements will be subject to review annually by external auditors in conjunction with their audit. In the event that the City has a financial institution hold the securities, a separate custodial agreement shall be required. All deliverable securities shall be acquired by the safekeeping institution on a “Delivery-Vs-Payment” (DVP) basis. For Repurchase Agreements, the purchase may be delivered by book entry, physical delivery or by third-party custodial agreement consistent with the Government Code. The transfer of securities to the counter party bank’s customer book entry account may be used for book entry delivery. 13.0 Diversification: The City’s investment portfolio will be diversified to avoid incurring unreasonable and avoidable risks associated with concentrating investments in specific security types, maturity segment, or in individual financial institutions. No more than 5% of the investment portfolio shall be in securities of any one issuer except for U.S. Treasuries, U.S. Government Agency issues, and investment pools such as LAIF, the San Diego County Pool, money market funds, and local government investment pools (LGIP’s). A. Credit risk, defined as the risk of loss due to failure of the insurer of a security, shall be mitigated by investing in those securities with an “A” or above rating and approved in the Investment Policy and by diversifying the investment portfolio so that the failure of any one issuer would not unduly harm the City’s cash flow. B. Market risk, defined as the risk of market value fluctuations due to overall changes in the general level of interest rates, shall be mitigated by implementing a long-term investment strategy. It is explicitly recognized herein, however, that in a diversified portfolio, occasional measured losses are inevitable and must be considered within the context of overall investment return. The City’s investment portfolio will remain sufficiently liquid to enable the City to meet all operating requirements which might be reasonably anticipated. 14.0 Maximum Maturities: Page 228 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 13 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); To the extent possible, the City will attempt to match its investments with anticipated cash flow requirements. The City will not directly invest in securities maturing more than five (5) years from the date of purchase, unless, the legislative body has granted express authority to make that investment either specifically, or as a part of an investment program approved by the City Council at least three (3) months prior to the investment. 15.0 Internal Control: The Director of Finance/Treasurer shall establish a system of internal controls designed to prevent loss of public funds due to fraud, employee error, or misrepresentation by third parties. No investment personnel, including an investment advisor, may engage in an investment transaction except as provided for under the terms of this Investment Policy and the procedure established by the Director of Finance/Treasurer. The external auditors shall annually review the investments with respect to the Investment Policy. This review will provide internal control by assuring compliance with policies and procedures for the investments that are selected for testing. Additionally, account reconciliation and verification of general ledger balances relating to the purchasing or maturing of investments and allocation of investments to fund balances shall be performed by the Finance Department and approved by the Director of Finance/Treasurer. To provide further protection of City funds, written procedures prohibit the wiring of any City funds without the authorization of at least two of the following six designated City staff: 1. Director of Finance/Treasurer 2. Assistant Director of Finance 3. Treasury Manager 4. Finance Manager 5. Revenue Manager 6. Budget and Analysis Manager 16.0 Performance Standards: The investment portfolio shall be managed to attain a market-average rate of return throughout budgetary and economic cycles, taking into account the City’s investment risk constraints and cash flow. Investment return becomes a consideration only after the basic requirements of investment safety and liquidity have been met. In evaluating the performance of the City’s portfolio in complying with Page 229 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 14 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); this policy, the City shall establish an appropriate performance benchmark and compare the return of its portfolio to the return of the benchmark. 17.0 Reporting: The Director of Finance/Treasurer shall submit a quarterly investment report to the City Council and City Manager within 45 days following the end of each quarter. This report will include the following elements:  Type of investment  Institutional issuer  Purchase date  Date of maturity  Amount of deposit or cost of the investment  Face value of the investment  Current market value of securities and source of valuation  Rate of interest  Interest earnings  Statement relating the report to its compliance with the Statement of Investment Policy or the manner in which the portfolio is not in compliance  Statement on availability of funds to meet the next six month’s obligations  Monthly and year-to-date budget amounts for interest income  Percentage of portfolio by investment type  Days to maturity for all investments  Comparative report on interest yields  Monthly transactions  Compare portfolio total return to market benchmark total return In addition, a commentary on capital markets and economic conditions may be included with the report. 18.0 Investment Policy Review and Adoption: This Investment Policy shall be reviewed at least annually by the Director of Finance/Treasurer to ensure its consistency with the overall objective of preservation of principal, liquidity, and return, and Page 230 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 15 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); its relevance to current law and financial and economic trends. Each fiscal year, the Finance Director shall provide a copy of the City’s current Investment Policy and Guidelines to the City Council. By virtue of a resolution of the City Council of the City of Chula Vista, the Council shall acknowledge the receipt of the Policy for the respective fiscal year. Page 231 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 16 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); GLOSSARY AGENCIES: Federal agency securities. ASSET BACKED SECURITIES: Securities supported by pools of installment loans or leases or by pools of revolving lines of credit. ASKED: The price at which securities are offered. (The price at which a firm will sell a security to an investor.) BANKERS’ ACCEPTANCE (BA): A draft or bill or exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill, as well as the issuer. The drafts are drawn on a bank by an exporter or importer to obtain funds to pay for specific merchandise. An acceptance is a high-grade negotiable instrument. BASIS POINT: One one-hundredth of a percent (i.e., 0.01 %). BID: The price offered by a buyer of securities. (When you are selling securities, you ask for a bid.) BROKER: A broker brings buyers and sellers together for a commission. He does not take a position. CALLABLE: A callable security gives the issuer the option to call it from the investor prior to its maturity. The main cause of a call is a decline in interest rates. If interest rates decline, the issuer will likely call its current securities and reissue them at a lower rate of interest. CERTIFICATE OF DEPOSIT (CD): A time deposit with a specific maturity evidenced by a certificate. Large-denomination CD’s are typically negotiable. COLLATERAL: Securities, evidence of deposit or other property, which a borrower pledges to secure repayment of a loan. Also refers to securities pledged by a bank to secure deposits of public monies. COLLATERALIZED MORTGAGE OBLIGATIONS (CMO): Classes of bonds that redistribute the cash flows of mortgage securities (and whole loans) to create securities that have different levels of prepayment risk, as compared to the underlying mortgage securities. COMMERCIAL PAPER: Short term unsecured promissory note issued by a corporation to raise working capital. These negotiable instruments are purchased at a discount to par value or at par value Page 232 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 17 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); with interest bearing. Commercial paper is issued by corporations such as General Motors Acceptance Corporation, IBM, Bank of America, etc. DEALER: A dealer, as opposed to a broker, acts as a principal in all transactions, buying and selling for his own account. DELIVERY VERSUS PAYMENT: There are two methods of delivery of securities: delivery versus payment and delivery versus receipt. Delivery versus payment is delivery of securities with an exchange of money for the securities. Delivery versus receipt is delivery of securities with an exchange of a signed receipt for the securities. DIVERSIFICATION: Dividing investment funds among a variety of securities offering independent returns. FEDERAL AGENCIES: Agencies of the Federal government set up to supply credit to various classes of institutions (e.g., S&L’s, small business firms, students, farmers, farm cooperatives, and exporters). FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC): A Federal agency that insures bank deposits, currently up to $250,000 per deposit. FEDERAL RESERVE SYSTEM: The central bank of the United States created by Congress and consisting of a seven-member Board of Governors in Washington, D.C.; 12 regional banks and about 5,700 commercial banks are members of the system. FIDUCIARY: A person or organization that acts on behalf of another person(s) or organization that puts their clients’ interest ahead of their own as they are bound both legally and ethically to act in the other’s best interests. LIQUIDITY: A liquid asset is one that can be converted easily and rapidly into cash without a substantial loss of value. In the money market, a security is said to be liquid if the spread between bid and asked prices is narrow and reasonable size can be done at those quotes. LOCAL AGENCY INVESTMENT FUND (LAIF): The aggregate of all funds from political subdivisions that are placed in the custody of the State Treasurer for investment and reinvestment. Page 233 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 18 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); LOCAL GOVERNMENT INVESTMENT POOL (LGIP): An investment pool offered by a state or local agency to public entities for the investment of public funds. MARKET VALUE: The price at which a security is trading and could presumable be purchased or sold. MATURITY: The date upon which the principal or stated value of an investment becomes due and payable. The investment’s term or remaining maturity is measured from the settlement date to final maturity. MORTGAGE PASS-THROUGH SECURITIES: A securitized participation in the interest and principal cash flows from a specified pool of mortgages. Principal and interest payments made on the mortgages are passed through to the holder of the security. NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATIONS (NRSROs): Credit rating agencies that issue credit ratings that the Securities and Exchange Commission (SEC) permits other financial firms to use for certain regulatory purposes. NEGOTIABLE CERTIFICATES OF DEPOSIT: Unsecured obligations of the financial institution, bank or savings and loan, bought at par value with the promise to pay face value plus accrued interest at maturity. They are high-grade negotiable instruments, paying a higher interest rate than regular certificates of deposit. OFFER: The price asked by a seller of securities. (When you are buying securities, you ask for an offer). PORTFOLIO: Collection of securities held by an investor. PRIMARY DEALER: A group of government securities dealers who submit daily reports of market activity and positions and monthly financial statements to the Federal Reserve Bank of New York and are subject to its informal oversight. Primary dealers include Securities and Exchange Commission (SEC)-registered securities broker/dealers, banks and a few unregulated firms. PRUDENT INVESTOR STANDARD: An investment standard. In some states, the law requires that a fiduciary, such as a trustee, may invest money only in a list of securities selected by the custody state- Page 234 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 19 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); the so-called “legal list”. In other states, the trustee may invest in a security if it is one that would be bought by a prudent person of discretion and intelligence who is seeking a reasonable income and preservation of capital. RATE OF RETURN: The yield obtainable on a security based on its purchase price or its current market price. SAFEKEEPING: A service to customers rendered by banks for a fee whereby securities and valuables of all types and descriptions are held in the bank’s vaults for protection. SECONDARY MARKET: A market made for the purchase and sale of outstanding issues following the initial distribution. SECURITIES & EXCHANGE COMMISSION (SEC): Agency created by Congress to protect investors in securities transactions by administering securities legislation. SEC RULE 15C3-1: See “Uniform Net Capital Rule”. TREASURY BILLS: A non-interest bearing discount security issued by the U.S. Treasury to finance the national debt. Most bills are issued to mature in three months, six months, or one year. TREASURY BOND: Long-term U.S. Treasury securities having initial maturities of more than 10 years. TREASURY NOTES: Intermediate-term coupon bearing U.S. Treasury having initial maturities of one year to ten years. UNIFORM NET CAPITAL RULE: Securities and Exchange Commission requirement that member firms as well as nonmember broker/dealers in securities maintain a maximum ratio of indebtedness to liquid capital of 15 to 1; also called net capital rule and net capital ratio. Indebtedness covers all money owed to a firm, including margin loans and commitments to purchase securities, one reason new public issues are spread among members of underwriting syndicates. Liquid capital includes cash and assets easily converted into cash. YIELD: The rate of annual income return on an investment, expressed as a percentage. (a) Income Page 235 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 02/13/2024 20 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); Yield is obtained by dividing the current dollar income by the current market price for the security. (b) Net Yield or Yield to Maturity is the current income yield minus any premium above par or plus any discount from par in purchase price, with the adjustment spread over the period from the date of purchase to the date of maturity of the bond. Page 236 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda % of Investment Type Par Value Market Value Book Value Portfolio Managed Investment Portfolio BNY Custodial Cash Account $1,340,444 $1,340,444 $1,340,444 0.17% U.S. Treasury Bond/Note 120,100,000 119,552,579 117,880,428 15.33% Federal Agency Collateralized Mtg Ob. 0 0 0 0.00% Federal Agency Bond/Note 199,226,000 194,413,467 198,693,645 25.84% Corporate Note 121,441,000 117,522,599 121,221,589 15.77% Commercial Paper 16,000,000 15,646,618 15,557,222 2.02% Certificate of Deposit 21,148,000 20,681,311 21,150,305 2.75% Municipal Bond 64,155,000 61,544,444 63,773,533 8.29% Supranationals 29,400,000 28,792,904 29,206,709 3.80% Asset Back Security/Collateralized Mtg Ob. 0 0 0 0.00% Placement Service Deposits (CDARS) 4,349,905 4,349,905 4,349,905 0.57% Managed Investment Portfolio Subtotal 577,160,349 563,844,271 573,173,779 74.55% Pooled Investments State of CA Local Agency Investment Fund 15,001,163 15,001,163 15,001,163 1.95% County of San Diego Pooled Investment Fund 139,860 139,860 139,860 0.02% Pooled Investments Subtotal 15,141,023 15,141,023 15,141,023 1.97% Investments Held by the City 592,301,372 578,985,294 588,314,802 1.99% Cash/Time Deposits 36,235,661 36,235,661 36,235,661 4.71% Total Cash & Investments Held by the City $628,537,033 $615,220,955 $624,550,463 81.23% Held by Bank Trustee/Fiduciary Funds Investment Agreements 0 0 0 0.00% Mutual Funds 20,209,484 20,116,888 20,209,484 2.63% Cash with Fiscal Agents 0 0 0 0.00% Restricted Cash 20,917,272 20,917,272 20,917,272 2.72% U.S. Government 103,206,701 103,206,701 103,206,701 13.42% Total Held by Bank Trustee/Fiduciary Funds $144,333,457 $144,240,861 $144,333,457 18.77% Total Portfolio $772,870,490 $759,461,816 $768,883,920 100.00% Notes: 1. Reflects bond proceeds and tax levy revenues held by trustee in accordance with bond covenants. 2. Par value is the principal amount of the investment on maturity. 3. Market values contained herein are received from sources we believe are reliable, however we do not guarantee their accuracy. 4. Book value is par value of the security plus or minus any premium or discount on the security. Summary of Cash and Investments as of December 31, 2023 City of Chula Vista Page 237 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Excludes Pooled Investments and BNY Custodial Cash Account Portfolio Maturity Under 1 Year Maturity Dec 2023 Sept 2023 Change 1 - 2 Years 3-Month 5.40% 5.55% -0.15% 2 - 3 Years 1-Year 4.79% 5.46% -0.67% 3 - 4 Years 2-Year 4.23% 5.03% -0.80% 4 - 5 Years 3-Year 4.01% 4.80% -0.79% Total 5-Year 3.84% 4.60% -0.76% 10-Year 3.88% 4.59% -0.71% Oct Nov Dec 2022 Dec 2021 Dec 2020 Dec 2019 Dec 4.41% 0.73% 0.13% 1.58% Total for Quarter Note: Interest Earnings figures do not include capital gains or losses City of Chula Vista Investment Report for the Quarter Ended December 31, 2023 Portfolio Summary and Key Statistics Portfolio Key Statistics PAR Value 592,301,372$ Book Value 588,314,802$ Market Value 578,985,294$ Weighted Average Maturity (in years) 1.66 Weighted Yield to Maturity 3.06% PAR Maturing % Maturing U.S. Treasury Yields - Quarterly Comparison 224,788,905$ 39% 152,978,000$ 27% 100,949,000$ 18% 56,054,000$ 10% 41,050,000$ 7% 575,819,905$ 100% Interest Earnings 2023 2022 Change 1,461,390$ 999,320$ 462,070$ 2-Year U.S. Treasury Yield - Historical Data 1,150,959$ 811,308$ 339,651$ 1,286,836$ 802,255$ 484,581$ 3,899,185$ 2,612,883$ 1,286,302$ 0.00% 3.57%2.70% 20.30% 33.58% 20.65% 10.63% 4.97% 0.75% 2.59%0.02%0.23% 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% 35% 40% Under 1 Year 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years 39% 27% 18% 10%7% Portfolio Maturity Distribution Page 1 of 16 Source: City of Chula Vista Finance DepartmentPage 238 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Market Values as of: 12/31/2023 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 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 2.00 247,718.97 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 3.00 248,256.20 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 1.65 245,839.40 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 1.65 247,607.59 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 2.90 244,543.92 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 1.65 246,773.29 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 1.15 246,414.74 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 1.25 246,072.72 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 1.25 245,989.77 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 1.30 245,018.77 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 1.25 244,792.71 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 1.10 245,408.26 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 1.10 245,408.26 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 1.00 244,966.62 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 2.50 242,688.24 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 2.50 242,688.24 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 2.20 243,145.78 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 2.30 243,267.33 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 2.00 244,353.27 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 1.85 241,509.05 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 1.70 243,178.13 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 1.90 241,531.87 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 2.05 243,694.61 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 1.80 243,173.82 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 1.80 241,415.06 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 1.85 243,417.95 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 1.50 242,456.56 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 1.75 242,866.61 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 1.70 242,613.48 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 1.65 242,500.10 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 1.80 240,677.30 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 1.70 242,400.66 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 1.70 240,175.65 62844AAP2 MUTUALBANK NO 10/22/2019 1.700%10/22/2024 249,000.00 NA 10/4/2019 10/22/2019 249,000.00 1.70 241,933.78 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 1.70 240,625.68 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 1.80 241,173.71 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 1.80 241,173.71 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 1.69 237,508.26 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 1.75 240,944.63 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 1.55 239,404.93 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 1.80 239,922.14 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 1.75 239,440.61 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 1.55 238,776.23 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 1.65 238,297.46 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 1.60 238,810.50 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 1.60 238,691.97 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 1.60 238,672.29 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 1.55 236,335.30 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 1.60 238,672.29 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 1.50 235,105.77 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 1.60 238,337.69 Page 2 of 16 Page 239 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Market Values as of: 12/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 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 1.55 238,207.98 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 1.15 236,893.84 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 1.00 233,812.16 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 1.15 236,728.84 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 1.10 236,537.70 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 1.00 236,231.76 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 1.00 233,656.75 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 1.00 235,284.97 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 1.30 236,800.31 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 1.45 236,296.35 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 1.60 236,585.48 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 1.30 236,507.43 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 1.00 231,723.94 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 5.00 250,601.61 89115BYQ7 TORONTO DOMINION BK N Y NO 8/28/2023 5.910%5/21/2024 5,000,000.00 A-1+8/25/2023 8/28/2023 5,000,000.00 5.91 5,009,050.13 CERTIFICATE OF DEPOSIT SUBTOTAL 21,148,000.00 21,150,305.45 20,681,311.13 62479LDK8 MUFG BANK LTD NO 10/30/2023 5.670%4/19/2024 5,000,000.00 A-1 10/30/2023 10/30/2023 4,864,550.00 8.83 4,915,377.78 59515MFC4 MICROSOFT CORP NO 12/6/2023 5.350%6/12/2024 11,000,000.00 A-1+12/6/2023 12/7/2023 10,692,672.22 5.50 10,731,239.85 COMMERCIAL PAPER SUBTOTAL 16,000,000.00 15,557,222.22 15,646,617.63 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 2,982,810.00 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 1,484,535.00 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 1,979,380.00 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 1.63 248,340.00 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 1.69 643,929.00 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 2.28 989,680.00 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 1.36 594,960.00 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 2,972,880.00 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 2,451,625.00 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 1.08 469,067.25 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 2,940,030.00 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 3,850,977.00 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 0.96 438,660.00 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 2,946,420.00 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 0.65 980,480.00 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 1.88 222,497.00 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 1.87 987,430.00 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 2,962,290.00 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 3,127,744.00 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 0.67 929,774.50 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 1.15 973,280.00 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 2,925,240.00 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 1.87 658,836.09 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 2,549,821.05 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 0.66 968,010.00 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 1.03 967,320.00 88579YBH3 3M COMPANY MW 8/26/2019 2.000%2/14/2025 2,500,000.00 BBB+1/19/2022 1/21/2022 2,540,850.00 1.44 2,410,500.00 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 0.70 559,885.60 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 1,231,200.00 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 1,967,103.06 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 2,935,230.00 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 2,907,630.00 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 1,078,657.32 Page 3 of 16 Page 240 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Market Values as of: 12/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 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 2,864,460.00 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 1,589,888.22 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 1,969,000.00 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 2,262,211.00 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 1,569,904.00 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 1.28 696,733.39 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 2,116,456.61 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 3,137,216.00 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 2,804,400.00 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 2,439,750.00 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 1,810,336.32 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 3,389,400.00 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 1,781,346.50 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 1,830,453.89 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 2,771,400.00 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 2,274,553.14 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 1,844,387.00 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 1,096,973.50 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 1,128,392.55 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 3.14 982,784.25 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 1,357,495.51 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 4.71 986,410.00 61746BEF9 MORGAN STANLEY YES 1/20/2017 3.625%1/20/2027 2,500,000.00 A-9/20/2023 9/22/2023 2,350,375.00 5.62 2,425,300.00 46647PBA3 JPMORGAN CHASE & CO YES 1/29/2019 3.960%1/29/2027 2,500,000.00 A-9/20/2023 9/22/2023 2,396,750.00 5.86 2,442,875.00 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 3,705,760.00 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 2,053,781.10 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 1,835,541.00 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 3,083,744.00 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 2,935,424.00 CORPORATE NOTE SUBTOTAL 121,441,000.00 121,221,588.78 117,522,598.85 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 3,994,480.00 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 2,488,000.00 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 2,492,300.00 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 1,593,392.00 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 2,482,400.00 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 3,463,250.00 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 2,695,683.20 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 1,908,172.50 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 2,094,075.60 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 3,919,360.00 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 2,934,060.00 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 2,037,102.10 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 3,131,136.00 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 2,239,832.00 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 2,960,190.00 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 3,887,160.00 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 2,913,420.00 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 3,906,720.00 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 3,106,144.00 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 1.52 976,450.00 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 3,390,205.00 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 2,918,610.00 Page 4 of 16 Page 241 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Market Values as of: 12/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 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 2,221,892.00 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 0.99 965,380.00 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 1,193,076.00 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 1,449,720.00 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 2,922,990.00 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 2,916,630.00 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 3,343,480.00 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 2,446,725.00 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 1,652,634.40 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 2,870,760.00 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 2,462,550.00 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 3,775,200.00 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 2,849,640.00 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 3,324,230.00 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 3,342,045.00 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 3,334,030.00 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 2,858,220.00 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 3,740,400.00 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 3,763,720.00 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 3,826,920.00 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 3,743,040.00 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 3,387,370.00 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 3,120,672.00 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 3,412,570.00 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 3,260,810.00 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 1,910,757.80 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 3,302,775.00 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 3,343,830.00 3130AWGR5 FED HOME LN BANK (FHLB)NO 6/21/2023 4.375%6/12/2026 5,000,000.00 AA+6/28/2023 6/29/2023 4,989,050.00 4.46 5,025,750.00 3133ENV72 FED FARM CREDIT (FFCB)NO 10/27/2022 40.500%7/27/2026 3,000,000.00 AA+10/24/2022 10/27/2022 2,998,950.00 4.51 3,029,220.00 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 1,622,184.20 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 3,469,270.00 3133EPUW3 FED FARM CREDIT (FFCB)NO 9/1/2023 4.750%9/1/2026 6,000,000.00 AA+9/25/2023 9/26/2023 5,966,280.00 4.96 6,092,460.00 3130AWTQ3 FED HOME LN BANK (FHLB)NO 8/4/2023 4.625%9/11/2026 5,250,000.00 AA+8/30/2023 8/31/2023 5,243,332.50 4.67 5,319,405.00 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 4.16 979,000.00 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 3,618,562.50 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 2,395,354.00 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 1,668,298.50 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 3,417,155.00 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 3,543,050.00 3133EPUN3 FED FARM CREDIT (FFCB)NO 8/28/2023 4.500%8/28/2028 5,250,000.00 AA+8/30/2023 8/31/2023 5,281,920.00 4.36 5,356,732.50 3133EPC45 FED FARM CREDIT (FFCB)NO 11/13/2023 4.625%11/13/2028 6,400,000.00 AA+11/10/2023 11/13/2023 6,379,648.00 4.70 6,602,816.00 FEDERAL AGENCY BOND/NOTE SUBTOTAL 199,226,000.00 198,693,644.63 194,413,467.30 912797GC5 U.S. TREASURY NOTE NO 7/13/2023 5.274%1/11/2024 11,000,000.00 A-1+8/25/2023 8/28/2023 10,780,856.78 5.47 10,985,590.00 912797GC5 TREASURY BILL NO 7/13/2023 5.223%1/11/2024 6,000,000.00 A-1+12/20/2023 12/21/2023 5,981,721.25 5.33 5,992,140.00 912796ZY8 TREASURY BILL NO 1/26/2023 5.318%1/25/2024 6,000,000.00 A-1+10/30/2023 10/31/2023 5,923,782.50 5.46 5,979,780.00 912797GE1 U.S. TREASURY NOTE NO 8/3/2023 5.260%2/1/2024 9,000,000.00 A-1+9/15/2023 9/18/2023 8,821,177.00 5.46 8,960,490.00 912797JD0 TREASURY BILL NO 10/17/2023 5.238%2/13/2024 5,000,000.00 A-1+12/20/2023 12/21/2023 4,960,718.75 5.37 4,969,200.00 912797GQ4 U.S. TREASURY NOTE NO 9/7/2023 5.288%3/7/2024 9,000,000.00 A-1+9/15/2023 9/18/2023 8,773,938.00 5.52 8,915,400.00 912797GZ4 TREASURY BILL NO 10/5/2023 5.244%4/4/2024 11,000,000.00 A-1+11/8/2023 11/9/2023 10,764,479.46 5.45 10,852,270.00 91282CFX4 U.S. TREASURY NOTE NO 11/30/2022 4.500%11/30/2024 3,000,000.00 A-1+11/23/2022 11/30/2022 3,001,406.25 4.48 2,988,990.00 912810EV6 U.S. TREASURY NOTE NO 8/15/1995 6.875%8/15/2025 3,000,000.00 A-1+11/28/2022 11/30/2022 3,201,679.69 4.22 3,117,300.00 Page 5 of 16 Page 242 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Market Values as of: 12/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 91282CGR6 U.S. TREASURY NOTE NO 3/15/2023 4.625%3/15/2026 5,000,000.00 AA+11/3/2023 11/6/2023 4,987,695.31 4.73 5,044,750.00 91282CHB0 U.S. TREASURY NOTE NO 5/15/2023 3.625%5/15/2026 5,000,000.00 AA+11/28/2023 11/29/2023 4,877,148.44 4.69 4,943,550.00 91282CHH7 U.S. TREASURY NOTE NO 6/15/2023 4.125%6/15/2026 5,000,000.00 AA+11/28/2023 11/29/2023 4,933,398.44 4.69 5,000,600.00 912810EX2 U.S. TREASURY NOTE NO 8/15/1996 6.750%8/15/2026 3,500,000.00 A-1+11/22/2022 11/23/2022 3,821,152.34 4.07 3,732,295.00 912828V98 U.S. TREASURY NOTE NO 2/15/2017 2.250%2/15/2027 3,200,000.00 A-1+9/20/2023 9/21/2023 2,959,125.00 4.67 3,039,392.00 91282CEN7 U.S. TREASURY NOTE NO 5/2/2023 2.750%4/30/2027 5,000,000.00 AA+10/4/2023 10/5/2023 4,660,351.56 4.84 4,812,500.00 91282CFZ9 U.S. TREASURY NOTE NO 11/30/2022 3.875%11/30/2027 6,000,000.00 AA+10/23/2023 10/24/2023 5,782,500.00 4.86 5,991,780.00 91282CGC9 U.S. TREASURY NOTE NO 1/3/2023 3.875%12/31/2027 6,000,000.00 AA+12/6/2023 12/7/2023 5,927,812.50 4.20 5,994,840.00 91282CGH8 U.S. TREASURY NOTE NO 1/31/2023 3.500%1/31/2028 6,000,000.00 AA+12/6/2023 12/7/2023 5,840,859.38 4.20 5,910,000.00 9128283W8 U.S. TREASURY NOTE NO 2/15/2018 2.750%2/15/2028 6,400,000.00 AA+11/10/2023 11/13/2023 5,931,250.00 4.67 6,122,752.00 91282CJA0 U.S. TREASURY NOTE NO 10/2/2023 4.625%9/30/2028 6,000,000.00 AA+10/26/2023 10/24/2023 5,949,375.00 4.82 6,198,960.00 U.S. TREASURY NOTE SUBTOTAL 120,100,000.00 117,880,427.65 119,552,579.00 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 2,981,910.00 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 2.11 246,730.00 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 1.22 803,514.45 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 1,179,492.00 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 1.72 245,312.50 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 1.83 490,945.00 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 1,291,698.20 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 1.97 358,729.30 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 2.04 687,960.00 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 2.04 982,800.00 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 2.06 983,450.00 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 1.65 210,712.90 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 1.28 195,698.00 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 1.19 586,134.00 802309NW0 SANTA MARIA JT UHSD SINK 12/14/2021 1.095%8/1/2024 395,000.00 Aa2 12/9/2021 12/14/2021 395,000.00 1.10 386,317.90 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 1,980,440.00 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 0.56 434,002.50 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 1.06 289,728.00 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 1,671,661.00 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 1.29 761,617.50 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 1.89 246,041.85 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 1.00 239,720.00 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 1.08 980,158.30 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 1.06 942,560.00 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 1.95 964,320.00 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 1,561,296.00 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 4,545,035.00 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 2,124,495.00 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 2,338,231.50 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 1,142,252.10 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 1,642,957.25 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 2,382,768.35 1.16 2,194,192.00 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 2,147,493.30 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 1.28 723,997.25 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 2,334,500.00 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 3,072,928.00 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 1,926,077.50 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 3,225,795.30 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 1,057,788.20 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 2,956,590.00 Page 6 of 16 Page 243 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Market Values as of: 12/31/2023 Current Investments CUSIP Issuer Callable DatedDate Coupon Maturity Par S&P Mdys TradeDate Settlement Date Book Value YTM BNY Market Value 1 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 1,213,396.80 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 1,407,720.00 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 1,987,739.50 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 1,690,003.45 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 1,217,476.00 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 4.92 892,826.80 MUNICIPAL BOND SUBTOTAL 64,155,000.00 63,773,532.50 61,544,444.35 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 1,873,419.00 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 2,903,430.00 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 2,936,580.00 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 3,394,265.00 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 2,847,180.00 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 3,650,560.00 4581X0EM6 INTER-AMERICAN DEVEL BK NO 12/12/2023 4.375%2/1/2027 6,000,000.00 AAA 12/6/2023 12/12/2023 5,996,640.00 4.40 6,054,420.00 459058KW2 INTL BK RECON & DEVELOP NO 9/26/2023 4.625%8/1/2028 5,000,000.00 AAA 10/4/2023 10/6/2023 4,945,600.00 4.88 5,133,050.00 SUPRANATIONAL SUBTOTAL 29,400,000.00 29,206,708.82 28,792,904.00 NEIGHBORHOOD NATIONAL BANK NO 8/15/2024 4,349,905.19 8/17/2023 4,349,905.19 1.92 4,349,905.19 PLACEMENT SERVICE DEPOSITS 4,349,905.19 4,349,905.19 4,349,905.19 LOCAL AGENCY INVESTMENT FUND 15,001,162.70 15,001,162.70 15,001,162.70 SD COUNTY INVESTMENT POOL 139,860.08 139,860.08 139,860.08 POOLED INVESTMENTS SUBTOTAL 15,141,022.78 15,141,022.78 15,141,022.78 MONEY MARKET FUND (BNY MELLON)1,340,443.85 1,340,443.85 1,340,443.85 ALL INVESTMENTS GRAND TOTAL 592,301,371.82 588,314,801.87 578,985,294.08 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 7 of 16 Page 244 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Activity for the Quarter Ended December 31, 2023 MATURITY CUSIP SecurityTypeDesc Issuer DatedDate Coupon Maturity Par Rating TradeDate Settlement Date Book Value YTM Oct-23 20033AM86 CERTIFICATE OF DEPOSIT COMENITY CAPITAL 10/30/2018 3.450%10/30/2023 249,000.00 NA 10/26/2018 10/30/2018 249,000.00 3.45 38148PY84 CERTIFICATE OF DEPOSIT GOLDMAN SACHS 10/31/2018 3.500%10/31/2023 245,000.00 NA 10/26/2018 10/31/2018 245,000.00 3.50 62479MXT5 COMMERCIAL PAPER MUFG BK LTD N Y 6/29/2023 5.420%10/27/2023 5,000,000.00 A-1 8/25/2023 8/28/2023 4,954,833.33 5.47 231021AR7 CORPORATE NOTE CUMMINS INC 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 3133ENAL4 FEDERAL AGENCY BOND FED FARM CREDIT (FFCB)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 3137EAEY1 FEDERAL AGENCY BOND FREDDIE MAC (FHLMC)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 3130ASNW5 FEDERAL AGENCY BOND FED HOME LN BANK (FHLB)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 912797HC4 U.S. TREASURY NOTE U.S. TREASURY NOTE 6/27/2023 5.208%10/24/2023 6,000,000.00 A-1+6/29/2023 6/30/2023 5,899,321.67 5.39 91282CDD0 U.S. TREASURY NOTE U.S. TREASURY NOTE 11/1/2021 0.375%10/31/2023 3,500,000.00 A-1+1/5/2022 1/6/2022 3,477,819.06 0.73 13063DDG0 MUNICIPAL BOND STATE OF CALIFORNIA 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 13063DDG0 MUNICIPAL BOND STATE OF CALIFORNIA 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 Nov-23 90348JFQ8 CERTIFICATE OF DEPOSIT UBS BANK USA 11/7/2018 3.500%11/7/2023 249,000.00 NA 10/30/2018 11/7/2018 249,000.00 3.50 06740KMU8 CERTIFICATE OF DEPOSIT BARCLAYS BANK 11/7/2018 3.450%11/7/2023 245,000.00 NA 10/29/2018 11/7/2018 245,000.00 3.45 61690UAZ3 CERTIFICATE OF DEPOSIT MORGAN STANLEY 11/8/2018 3.550%11/8/2023 245,000.00 NA 10/31/2018 11/8/2018 245,000.00 3.55 17312QV55 CERTIFICATE OF DEPOSIT CITIBANK NA 11/9/2018 3.450%11/9/2023 245,000.00 NA 10/26/2018 11/9/2018 245,000.00 3.45 949763UY0 CERTIFICATE OF DEPOSIT WELLS FARGO BANK NA 11/9/2018 3.500%11/9/2023 249,000.00 NA 10/26/2018 11/9/2018 249,000.00 3.50 20143PDV9 CERTIFICATE OF DEPOSIT COMMERCIAL BANK HARROGATE 11/15/2018 3.400%11/15/2023 249,000.00 NA 11/7/2018 11/15/2018 249,000.00 3.40 06426KBH0 CERTIFICATE OF DEPOSIT BANK OF NEW ENGLAND 7/19/2019 2.150%11/20/2023 249,000.00 NA 7/10/2019 7/19/2019 249,000.00 2.15 06062R7R7 CERTIFICATE OF DEPOSIT BANK OF BARODA 11/30/2018 3.550%11/30/2023 245,000.00 NA 11/20/2018 11/30/2018 245,000.00 3.55 3130APU29 FEDERAL AGENCY BOND FED HOME LN BANK (FHLB)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 3130APWH4 FEDERAL AGENCY BOND FED HOME LN BANK (FHLB)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 3133ENEX4 FEDERAL AGENCY BOND FED FARM CREDIT (FFCB)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 912797FJ1 U.S. TREASURY NOTE U.S. TREASURY NOTE 5/11/2023 5.180%11/9/2023 7,500,000.00 A-1+6/28/2023 6/29/2023 7,356,484.69 5.37 912797FJ1 U.S. TREASURY NOTE U.S. TREASURY NOTE 5/11/2023 5.269%11/9/2023 11,000,000.00 A-1+8/25/2023 8/28/2023 10,882,472.03 5.42 912828WE6 U.S. TREASURY NOTE U.S. TREASURY NOTE 11/15/2013 2.750%11/15/2023 3,000,000.00 A-1+1/21/2022 1/24/2022 3,097,970.79 0.92 91282CDM0 U.S. TREASURY NOTE U.S. TREASURY NOTE 11/30/2021 0.500%11/30/2023 3,000,000.00 A-1+1/21/2022 1/24/2022 2,975,386.56 0.95 13077DKB7 MUNICIPAL BOND CALIFORNIA STATE UNIVERSITY 2/27/2020 1.557%11/1/2023 400,000.00 AA-2/6/2020 2/27/2020 400,000.00 1.56 057507KL8 MUNICIPAL BOND BAKERSFIELD SCHOOL DISTRICT 3/29/2017 5.500%11/1/2023 335,000.00 A+5/4/2020 5/6/2020 385,524.70 1.08 Dec-23 57116ATG3 CERTIFICATE OF DEPOSIT MARLIN BUSINESS BANK 12/2/2019 1.700%12/4/2023 249,000.00 NA 11/6/2019 12/2/2019 249,000.00 1.70 066851WH5 CERTIFICATE OF DEPOSIT BAR HARBOR BANK & TRUST 12/31/2018 3.300%12/29/2023 249,000.00 NA 12/19/2018 12/31/2018 249,000.00 3.30 14913Q2S7 CORPORATE NOTE CATERPILLAR FINL 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 3133ENHR4 FEDERAL AGENCY BOND FED FARM CREDIT (FFCB)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 912797HN0 U.S. TREASURY NOTE U.S. TREASURY NOTE 8/8/2023 5.285%12/5/2023 11,000,000.00 A-1+8/25/2023 8/28/2023 10,840,128.75 5.45 912797FV4 U.S. TREASURY NOTE U.S. TREASURY NOTE 6/22/2023 5.210%12/21/2023 7,500,000.00 A-1+6/28/2023 6/29/2023 7,310,052.08 5.43 Total 98,153,000.00 Page 8 of 16 Page 245 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda BUY CUSIP SecurityTypeDesc Issuer DatedDate Coupon Maturity Par Rating TradeDate Settlement Date Book Value YTM Oct-23 459058KW2 SUPRANATIONAL INTL BK RECON & DEVELOP 9/26/2023 4.625%8/1/2028 5,000,000.00 AAA 10/4/2023 10/6/2023 4,945,600.00 4.88 91282CEN7 U.S. TREASURY NOTE US TREASURY NOTE 5/2/2023 2.750%4/30/2027 5,000,000.00 AA+10/4/2023 10/5/2023 4,660,351.56 4.84 91282CFZ9 U.S. TREASURY NOTE US TREASURY NOTE 11/30/2022 3.875%11/30/2027 6,000,000.00 AA+10/23/2023 10/24/2023 5,782,500.00 4.86 91282CJA0 U.S. TREASURY NOTE US TREASURY NOTE 10/2/2023 4.625%9/30/2028 6,000,000.00 AA+10/26/2023 10/24/2023 5,949,375.00 4.82 62479LDK8 COMMERCIAL PAPER MUFG BANK LTD 10/30/2023 5.670%4/19/2024 5,000,000.00 A-1 10/30/2023 10/30/2023 4,864,550.00 8.83 912796ZY8 U.S. TREASURY NOTE TREASURY BILL 1/26/2023 5.318%1/25/2024 6,000,000.00 A-1+10/30/2023 10/31/2023 5,923,782.50 5.46 Nov-23 91282CGR6 U.S. TREASURY NOTE US TREASURY NOTE 3/15/2023 4.625%3/15/2026 5,000,000.00 AA+11/3/2023 11/6/2023 4,987,695.31 4.73 912797GZ4 U.S. TREASURY NOTE TREASURY BILL 10/5/2023 5.244%4/4/2024 11,000,000.00 A-1+11/8/2023 11/9/2023 10,764,479.46 5.45 3133EPC45 FEDERAL AGENCY BOND FED FARM CREDIT (FFCB)11/13/2023 4.625%11/13/2028 6,400,000.00 AA+11/10/2023 11/13/2023 6,379,648.00 4.70 9128283W8 U.S. TREASURY NOTE US TREASURY NOTE 2/15/2018 2.750%2/15/2028 6,400,000.00 AA+11/10/2023 11/13/2023 5,931,250.00 4.67 91282CHB0 U.S. TREASURY NOTE US TREASURY NOTE 5/15/2023 3.625%5/15/2026 5,000,000.00 AA+11/28/2023 11/29/2023 4,877,148.44 4.69 91282CHH7 U.S. TREASURY NOTE US TREASURY NOTE 6/15/2023 4.125%6/15/2026 5,000,000.00 AA+11/28/2023 11/29/2023 4,933,398.44 4.69 Dec-23 59515MFC4 COMMERCIAL PAPER MICROSOFT CORP 12/6/2023 5.350%6/12/2024 11,000,000.00 A-1+12/6/2023 12/7/2023 10,692,672.22 5.50 4581X0EM6 SUPRANATIONAL INTER-AMERICAN DEVEL BK 12/12/2023 4.375%2/1/2027 6,000,000.00 AAA 12/6/2023 12/12/2023 5,996,640.00 4.40 91282CGC9 U.S. TREASURY NOTE US TREASURY NOTE 1/3/2023 3.875%12/31/2027 6,000,000.00 AA+12/6/2023 12/7/2023 5,927,812.50 4.20 91282CGH8 U.S. TREASURY NOTE US TREASURY NOTE 1/31/2023 3.500%1/31/2028 6,000,000.00 AA+12/6/2023 12/7/2023 5,840,859.38 4.20 912797GC5 U.S. TREASURY NOTE TREASURY BILL 7/13/2023 5.223%1/11/2024 6,000,000.00 A-1+12/20/2023 12/21/2023 5,981,721.25 5.33 912797JD0 U.S. TREASURY NOTE TREASURY BILL 10/17/2023 5.238%2/13/2024 5,000,000.00 A-1+12/20/2023 12/21/2023 4,960,718.75 5.37 Total 111,800,000.00 Page 9 of 16 Page 246 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Today's Date:12/31/2023 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 -$ -$ -$ -$ -$ -$ NAHEOLA CREDIT UNION 248,000.00 1/10/2024 10 248,000.00$ -$ -$ -$ -$ -$ MEDALLION BANK UTAH 249,000.00 2/12/2024 43 249,000.00$ -$ -$ -$ -$ -$ ROLLSTONE BANK & TRUST 247,000.00 2/12/2024 43 247,000.00$ -$ -$ -$ -$ -$ PCSB BANK 249,000.00 2/21/2024 52 249,000.00$ -$ -$ -$ -$ -$ BANK HAPOALIM BM NY 246,000.00 3/25/2024 85 246,000.00$ -$ -$ -$ -$ -$ AXOS BANK 249,000.00 3/26/2024 86 249,000.00$ -$ -$ -$ -$ -$ NICOLET NATIONAL BANK 249,000.00 3/28/2024 88 249,000.00$ -$ -$ -$ -$ -$ LAKESIDE BANK 249,000.00 4/12/2024 103 249,000.00$ -$ -$ -$ -$ -$ JEFFERSON BANK 249,000.00 4/15/2024 106 249,000.00$ -$ -$ -$ -$ -$ PACIFIC WESTERN BANK 248,000.00 4/16/2024 107 248,000.00$ -$ -$ -$ -$ -$ THOMASTON SAVINGS BANK 248,000.00 4/23/2024 114 248,000.00$ -$ -$ -$ -$ -$ NORTHWEST BANK 249,000.00 4/30/2024 121 249,000.00$ -$ -$ -$ -$ -$ FIRST FREEDOM BANK 249,000.00 4/30/2024 121 249,000.00$ -$ -$ -$ -$ -$ UNITED REPUBLIC BANK 249,000.00 5/13/2024 134 249,000.00$ -$ -$ -$ -$ -$ CAPITAL ONE NA 246,000.00 6/19/2024 171 246,000.00$ -$ -$ -$ -$ -$ CAPITAL ONE BANK 246,000.00 6/19/2024 171 246,000.00$ -$ -$ -$ -$ -$ LCA BANK CORPORATION 247,000.00 6/28/2024 180 247,000.00$ -$ -$ -$ -$ -$ REVERE BANK 247,000.00 6/28/2024 180 247,000.00$ -$ -$ -$ -$ -$ CENTURY NEXT BANK 249,000.00 7/17/2024 199 -$ 249,000.00$ -$ -$ -$ -$ CF BANK 247,000.00 8/19/2024 232 -$ 247,000.00$ -$ -$ -$ -$ FIRST RESOURCE BANK 249,000.00 8/21/2024 234 -$ 249,000.00$ -$ -$ -$ -$ CALDWELL BANK & TRUST 247,000.00 8/23/2024 236 -$ 247,000.00$ -$ -$ -$ -$ WASHINGTON FEDERAL 249,000.00 8/23/2024 236 -$ 249,000.00$ -$ -$ -$ -$ GENOA BANKING COMPANY 249,000.00 8/28/2024 241 -$ 249,000.00$ -$ -$ -$ -$ MERCHANTS STATE BANK 247,000.00 8/30/2024 243 -$ 247,000.00$ -$ -$ -$ -$ PREFERRED BANK 249,000.00 8/30/2024 243 -$ 249,000.00$ -$ -$ -$ -$ PEOPLES BANK ROCK VALLEY 249,000.00 9/10/2024 254 -$ 249,000.00$ -$ -$ -$ -$ ALMA BANK 249,000.00 9/11/2024 255 -$ 249,000.00$ -$ -$ -$ -$ BANK OF OLD MONROE 249,000.00 9/18/2024 262 -$ 249,000.00$ -$ -$ -$ -$ SPRING BANK 249,000.00 9/19/2024 263 -$ 249,000.00$ -$ -$ -$ -$ ENTERPRISE BANK 247,000.00 9/27/2024 271 -$ 247,000.00$ -$ -$ -$ -$ BANKWEST INC 249,000.00 9/27/2024 271 -$ 249,000.00$ -$ -$ -$ -$ UINTA BANK 247,000.00 10/16/2024 290 -$ 247,000.00$ -$ -$ -$ -$ MUTUALBANK 249,000.00 10/22/2024 296 -$ 249,000.00$ -$ -$ -$ -$ FIRST BANK OF NEBRASKA 249,000.00 10/30/2024 304 -$ 249,000.00$ -$ -$ -$ -$ ENTERPRISE BANK & TRUST 249,000.00 11/8/2024 313 -$ 249,000.00$ -$ -$ -$ -$ TRIAD BANK 249,000.00 11/8/2024 313 -$ 249,000.00$ -$ -$ -$ -$ MAINE SAVINGS FCU 245,000.00 11/8/2024 313 -$ 245,000.00$ -$ -$ -$ -$ COMMERCIAL BANK ALMA MI 249,000.00 11/13/2024 318 -$ 249,000.00$ -$ -$ -$ -$ COMMUNITY STATE BANK IL 249,000.00 12/2/2024 337 -$ 249,000.00$ -$ -$ -$ -$ COMMUNITY BANK TEXAS 249,000.00 12/4/2024 339 -$ 249,000.00$ -$ -$ -$ -$ BANK FORWARD 249,000.00 12/18/2024 353 -$ 249,000.00$ -$ -$ -$ -$ FREEDOM FINANCIAL BANK 249,000.00 2/14/2025 411 -$ -$ 249,000.00$ -$ -$ -$ FIRST NATL BANK MICHIGAN 249,000.00 2/14/2025 411 -$ -$ 249,000.00$ -$ -$ -$ AMERICAN STATE BANK IA 249,000.00 2/21/2025 418 -$ -$ 249,000.00$ -$ -$ -$ BELL BANK CORP 249,000.00 2/27/2025 424 -$ -$ 249,000.00$ -$ -$ -$ AMERICAN EAGLE BANK IL 249,000.00 2/28/2025 425 -$ -$ 249,000.00$ -$ -$ -$ HORIZON BANK WAVERLY NE 249,000.00 2/28/2025 425 -$ -$ 249,000.00$ -$ -$ -$ FNB OF ALBANY 249,000.00 2/28/2025 425 -$ -$ 249,000.00$ -$ -$ -$ IOWA STATE BANK 248,000.00 3/5/2025 430 -$ -$ 248,000.00$ -$ -$ -$ ACCESS BANK OMAHA NE 249,000.00 3/13/2025 438 -$ -$ 249,000.00$ -$ -$ -$ MCHENRY SAVINGS BANK 249,000.00 3/13/2025 438 -$ -$ 249,000.00$ -$ -$ -$ FNB BANK INC/ROMNEY 249,000.00 3/18/2025 443 -$ -$ 249,000.00$ -$ -$ -$ HARDIN COUNTY BANK 249,000.00 3/27/2025 452 -$ -$ 249,000.00$ -$ -$ -$ BANK OF ROMNEY 249,000.00 3/27/2025 452 -$ -$ 249,000.00$ -$ -$ -$ SAN FRANCISCO CREDIT 249,000.00 3/27/2025 452 -$ -$ 249,000.00$ -$ -$ -$ Page 10 of 16 Page 247 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Today's Date:12/31/2023 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 CENTRAL BANK 249,000.00 3/27/2025 452 -$ -$ 249,000.00$ -$ -$ -$ KNOXVILLE TVA EMPL CREDIT 249,000.00 3/31/2025 456 -$ -$ 249,000.00$ -$ -$ -$ CENTERSTATE BANK 248,000.00 3/31/2025 456 -$ -$ 248,000.00$ -$ -$ -$ GOLD COAST BANK 249,000.00 4/15/2025 471 -$ -$ 249,000.00$ -$ -$ -$ SYNCHRONY BANK 248,000.00 4/17/2025 473 -$ -$ 248,000.00$ -$ -$ -$ STATE BANK OF INDIA 248,000.00 4/29/2025 485 -$ -$ 248,000.00$ -$ -$ -$ BELMONT BANK & TRUST 249,000.00 4/30/2025 486 -$ -$ 249,000.00$ -$ -$ -$ M1 BANK 248,000.00 5/8/2025 494 -$ -$ 248,000.00$ -$ -$ -$ ALLIANT CREDIT UNION 249,000.00 12/30/2027 1460 -$ -$ -$ -$ 249,000.00$ -$ TORONTO DOMINION BK N Y 5,000,000.00 5/21/2024 142 5,000,000.00$ -$ -$ -$ -$ -$ CERTIFICATE OF DEPOSIT 9,464,000.00$ 5,962,000.00$ 5,473,000.00$ -$ 249,000.00$ -$ MUFG BANK LTD 5,000,000.00 4/19/2024 110 5,000,000.00$ -$ -$ -$ -$ -$ MICROSOFT CORP 11,000,000.00 6/12/2024 164 11,000,000.00$ -$ -$ -$ -$ -$ COMMERCIAL PAPER 16,000,000.00$ -$ -$ -$ -$ -$ JOHN DEERE CAPITAL CORP 3,000,000.00 3/7/2024 67 3,000,000.00$ -$ -$ -$ -$ -$ UNILEVER CAPITAL 1,500,000.00 5/5/2024 126 1,500,000.00$ -$ -$ -$ -$ -$ UNILEVER CAPITAL 2,000,000.00 5/5/2024 126 2,000,000.00$ -$ -$ -$ -$ -$ APPLE INC 250,000.00 5/6/2024 127 250,000.00$ -$ -$ -$ -$ -$ APPLE INC 650,000.00 5/11/2024 132 650,000.00$ -$ -$ -$ -$ -$ TEXAS INSTRUMENTS 1,000,000.00 5/15/2024 136 1,000,000.00$ -$ -$ -$ -$ -$ BANK OF NEW YORK MELLON CORP 600,000.00 5/15/2024 136 600,000.00$ -$ -$ -$ -$ -$ IBM CORP 3,000,000.00 5/15/2024 136 3,000,000.00$ -$ -$ -$ -$ -$ ASTRAZENECA FINANCE LLC 2,500,000.00 5/28/2024 149 2,500,000.00$ -$ -$ -$ -$ -$ ONCOR ELECTRIC DELIVERY 475,000.00 6/1/2024 153 475,000.00$ -$ -$ -$ -$ -$ HORMEL FOODS CORP 3,000,000.00 6/3/2024 155 3,000,000.00$ -$ -$ -$ -$ -$ WALMART INC 3,900,000.00 7/8/2024 190 -$ 3,900,000.00$ -$ -$ -$ -$ SALESFORCE.COM INC 450,000.00 7/15/2024 197 -$ 450,000.00$ -$ -$ -$ -$ UNITED HEALTH 3,000,000.00 8/15/2024 228 -$ 3,000,000.00$ -$ -$ -$ -$ EXXON MOBIL CO 1,000,000.00 8/16/2024 229 -$ 1,000,000.00$ -$ -$ -$ -$ AMAZON.COM INC 226,000.00 8/22/2024 235 -$ 226,000.00$ -$ -$ -$ -$ BURLINGTON NORTH SANTA FE 1,000,000.00 9/1/2024 245 -$ 1,000,000.00$ -$ -$ -$ -$ BURLINGTON NORTH SANTA FE 3,000,000.00 9/1/2024 245 -$ 3,000,000.00$ -$ -$ -$ -$ COCA-COLA CO 3,200,000.00 9/6/2024 250 -$ 3,200,000.00$ -$ -$ -$ -$ PAYPAL HOLDING 950,000.00 10/1/2024 275 -$ 950,000.00$ -$ -$ -$ -$ BANK OF NEW YORK MELLON CORP 1,000,000.00 10/24/2024 298 -$ 1,000,000.00$ -$ -$ -$ -$ CATERPILLAR FINL 3,000,000.00 11/8/2024 313 -$ 3,000,000.00$ -$ -$ -$ -$ HERSHEY COMPANY 677,000.00 11/15/2024 320 -$ 677,000.00$ -$ -$ -$ -$ ADOBE SYSTEMS INC 2,595,000.00 2/1/2025 398 -$ -$ 2,595,000.00$ -$ -$ -$ PACCAR FINANCIAL 1,000,000.00 2/6/2025 403 -$ -$ 1,000,000.00$ -$ -$ -$ TOYOTA MOTOR CORP 1,000,000.00 2/13/2025 410 -$ -$ 1,000,000.00$ -$ -$ -$ 3M COMPANY 2,500,000.00 2/14/2025 411 -$ -$ 2,500,000.00$ -$ -$ -$ WW GRAINGER INC 580,000.00 2/15/2025 412 -$ -$ 580,000.00$ -$ -$ -$ JOHN DEERE CAPITAL CORP 1,250,000.00 3/13/2025 438 -$ -$ 1,250,000.00$ -$ -$ -$ INTEL CORP 2,001,000.00 3/25/2025 450 -$ -$ 2,001,000.00$ -$ -$ -$ AMAZON.COM INC 3,000,000.00 4/13/2025 469 -$ -$ 3,000,000.00$ -$ -$ -$ TARGET CORP 3,000,000.00 4/15/2025 471 -$ -$ 3,000,000.00$ -$ -$ -$ APPLE INC 1,131,000.00 5/11/2025 497 -$ -$ 1,131,000.00$ -$ -$ -$ HONEYWELL INTERNATIONAL 3,000,000.00 6/1/2025 518 -$ -$ 3,000,000.00$ -$ -$ -$ AMAZON.COM INC 1,678,000.00 6/3/2025 520 -$ -$ 1,678,000.00$ -$ -$ -$ JP MORGAN CHASE 2,000,000.00 7/15/2025 562 -$ -$ 2,000,000.00$ -$ -$ -$ PACCAR FINANCIAL 2,300,000.00 8/11/2025 589 -$ -$ 2,300,000.00$ -$ -$ -$ STATE STREET CORP 1,600,000.00 8/18/2025 596 -$ -$ 1,600,000.00$ -$ -$ -$ CUMMINS INC 743,000.00 9/1/2025 610 -$ -$ 743,000.00$ -$ -$ -$ CUMMINS INC 2,257,000.00 9/1/2025 610 -$ -$ 2,257,000.00$ -$ -$ -$ HOME DEPOT INC 3,200,000.00 9/15/2025 624 -$ -$ 3,200,000.00$ -$ -$ -$ TOYOTA MOTOR CORP 3,000,000.00 10/16/2025 655 -$ -$ 3,000,000.00$ -$ -$ -$ VISA INC 2,500,000.00 12/14/2025 714 -$ -$ 2,500,000.00$ -$ -$ -$ Page 11 of 16 Page 248 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Today's Date:12/31/2023 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 PEPSICO INC 1,872,000.00 2/24/2026 786 -$ -$ -$ 1,872,000.00$ -$ -$ CISCO SYSTEMS 3,500,000.00 2/28/2026 790 -$ -$ -$ 3,500,000.00$ -$ -$ TARGET CORP 1,850,000.00 4/15/2026 836 -$ -$ -$ 1,850,000.00$ -$ -$ TARGET CORP 1,901,000.00 4/15/2026 836 -$ -$ -$ 1,901,000.00$ -$ -$ PACCAR FINANCIAL 3,000,000.00 5/11/2026 862 -$ -$ -$ 3,000,000.00$ -$ -$ INTEL CORP 2,374,000.00 5/19/2026 870 -$ -$ -$ 2,374,000.00$ -$ -$ WALMART INC 1,900,000.00 7/8/2026 920 -$ -$ -$ 1,900,000.00$ -$ -$ CISCO SYSTEMS 1,150,000.00 9/20/2026 994 -$ -$ -$ 1,150,000.00$ -$ -$ HONEYWELL INTERNATIONAL 1,185,000.00 11/1/2026 1036 -$ -$ -$ 1,185,000.00$ -$ -$ NIKE INC 1,035,000.00 11/1/2026 1036 -$ -$ -$ 1,035,000.00$ -$ -$ ILLINOIS TOOL WORKS INC 1,421,000.00 11/15/2026 1050 -$ -$ -$ 1,421,000.00$ -$ -$ ABBOTT LABORATORIES 1,000,000.00 11/30/2026 1065 -$ -$ -$ 1,000,000.00$ -$ -$ MORGAN STANLEY 2,500,000.00 1/20/2027 1116 -$ -$ -$ -$ 2,500,000.00$ -$ JPMORGAN CHASE & CO 2,500,000.00 1/29/2027 1125 -$ -$ -$ -$ 2,500,000.00$ -$ BANK OF AMERICA CORP 4,000,000.00 3/2/2027 1157 -$ -$ -$ -$ 4,000,000.00$ -$ CHARLES SCHWAB CORP 2,205,000.00 3/3/2027 1158 -$ -$ -$ -$ 2,205,000.00$ -$ PEPSICO INC 1,935,000.00 3/19/2027 1174 -$ -$ -$ -$ 1,935,000.00$ -$ COSTCO WHOLESALE CORP 3,200,000.00 5/18/2027 1234 -$ -$ -$ -$ 3,200,000.00$ -$ MERCK & CO INC 3,200,000.00 6/10/2027 1257 -$ -$ -$ -$ 3,200,000.00$ -$ CORPORATE NOTE 17,975,000.00$ 21,403,000.00$ 40,335,000.00$ 22,188,000.00$ 19,540,000.00$ -$ FED HOME LN BANK (FHLB)4,000,000.00 1/26/2024 26 4,000,000.00$ -$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)2,500,000.00 2/7/2024 38 2,500,000.00$ -$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)2,500,000.00 2/23/2024 54 2,500,000.00$ -$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)1,600,000.00 2/26/2024 57 1,600,000.00$ -$ -$ -$ -$ -$ FED FARM CREDIT (FFCB)2,500,000.00 3/8/2024 68 2,500,000.00$ -$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 3/28/2024 88 3,500,000.00$ -$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)2,720,000.00 4/25/2024 116 2,720,000.00$ -$ -$ -$ -$ -$ FREDDIE MAC (FHLMC)1,950,000.00 6/10/2024 162 1,950,000.00$ -$ -$ -$ -$ -$ FANNIE MAE (FNMA)2,140,000.00 6/14/2024 166 2,140,000.00$ -$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)4,000,000.00 6/28/2024 180 4,000,000.00$ -$ -$ -$ -$ -$ FED FARM CREDIT (FFCB)3,000,000.00 7/2/2024 184 -$ 3,000,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)2,090,000.00 7/19/2024 201 -$ 2,090,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)3,200,000.00 7/26/2024 208 -$ 3,200,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)2,300,000.00 8/23/2024 236 -$ 2,300,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 8/26/2024 239 -$ 3,000,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)4,000,000.00 9/16/2024 260 -$ 4,000,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 9/23/2024 267 -$ 3,000,000.00$ -$ -$ -$ -$ FARMER MAC (FAMCA)4,000,000.00 9/26/2024 270 -$ 4,000,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)3,200,000.00 9/30/2024 274 -$ 3,200,000.00$ -$ -$ -$ -$ FED FARM CREDIT (FFCB)1,000,000.00 10/17/2024 291 -$ 1,000,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 10/25/2024 299 -$ 3,500,000.00$ -$ -$ -$ -$ FED FARM CREDIT (FFCB)3,000,000.00 11/1/2024 306 -$ 3,000,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)2,300,000.00 11/18/2024 323 -$ 2,300,000.00$ -$ -$ -$ -$ FED HOME LN BANK (FHLB)1,000,000.00 11/25/2024 330 -$ 1,000,000.00$ -$ -$ -$ -$ FED FARM CREDIT (FFCB)1,200,000.00 12/20/2024 355 -$ 1,200,000.00$ -$ -$ -$ -$ FED FARM CREDIT (FFCB)1,500,000.00 1/6/2025 372 -$ -$ 1,500,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 3/14/2025 439 -$ -$ 3,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 3/24/2025 449 -$ -$ 3,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 3/28/2025 453 -$ -$ 3,500,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)2,500,000.00 4/21/2025 477 -$ -$ 2,500,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)1,730,000.00 4/28/2025 484 -$ -$ 1,730,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 5/23/2025 509 -$ -$ 3,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)2,500,000.00 6/13/2025 530 -$ -$ 2,500,000.00$ -$ -$ -$ FANNIE MAE (FNMA)4,000,000.00 6/17/2025 534 -$ -$ 4,000,000.00$ -$ -$ -$ FED FARM CREDIT (FFCB)3,000,000.00 6/23/2025 540 -$ -$ 3,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 6/27/2025 544 -$ -$ 3,500,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 6/30/2025 547 -$ -$ 3,500,000.00$ -$ -$ -$ Page 12 of 16 Page 249 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Today's Date:12/31/2023 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 HOME LN BANK (FHLB)3,500,000.00 7/18/2025 565 -$ -$ 3,500,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,000,000.00 7/25/2025 572 -$ -$ 3,000,000.00$ -$ -$ -$ FANNIE MAE (FNMA)4,000,000.00 8/25/2025 603 -$ -$ 4,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)4,000,000.00 8/29/2025 607 -$ -$ 4,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)4,000,000.00 9/12/2025 621 -$ -$ 4,000,000.00$ -$ -$ -$ FREDDIE MAC (FHLMC)4,000,000.00 9/24/2025 633 -$ -$ 4,000,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 10/14/2025 653 -$ -$ 3,500,000.00$ -$ -$ -$ FED FARM CREDIT (FFCB)3,200,000.00 10/20/2025 659 -$ -$ 3,200,000.00$ -$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 10/29/2025 668 -$ -$ 3,500,000.00$ -$ -$ -$ FANNIE MAE (FNMA)3,500,000.00 11/7/2025 677 -$ -$ 3,500,000.00$ -$ -$ -$ FED FARM CREDIT (FFCB)2,030,000.00 11/17/2025 687 -$ -$ 2,030,000.00$ -$ -$ -$ FED FARM CREDIT (FFCB)3,500,000.00 1/27/2026 758 -$ -$ -$ 3,500,000.00$ -$ -$ FED FARM CREDIT (FFCB)3,500,000.00 3/10/2026 800 -$ -$ -$ 3,500,000.00$ -$ -$ FED HOME LN BANK (FHLB)5,000,000.00 6/12/2026 894 -$ -$ -$ 5,000,000.00$ -$ -$ FED FARM CREDIT (FFCB)3,000,000.00 7/27/2026 939 -$ -$ -$ 3,000,000.00$ -$ -$ FED FARM CREDIT (FFCB)1,666,000.00 8/24/2026 967 -$ -$ -$ 1,666,000.00$ -$ -$ FED HOME LN BANK (FHLB)3,500,000.00 8/25/2026 968 -$ -$ -$ 3,500,000.00$ -$ -$ FED FARM CREDIT (FFCB)6,000,000.00 9/1/2026 975 -$ -$ -$ 6,000,000.00$ -$ -$ FED HOME LN BANK (FHLB)5,250,000.00 9/11/2026 985 -$ -$ -$ 5,250,000.00$ -$ -$ FED FARM CREDIT (FFCB)1,000,000.00 9/28/2026 1002 -$ -$ -$ 1,000,000.00$ -$ -$ FED HOME LN BANK (FHLB)3,750,000.00 10/21/2026 1025 -$ -$ -$ 3,750,000.00$ -$ -$ FED HOME LN BANK (FHLB)2,600,000.00 11/23/2026 1058 -$ -$ -$ 2,600,000.00$ -$ -$ FED HOME LN BANK (FHLB)1,650,000.00 12/11/2026 1076 -$ -$ -$ 1,650,000.00$ -$ -$ FED FARM CREDIT (FFCB)3,500,000.00 9/15/2027 1354 -$ -$ -$ -$ 3,500,000.00$ -$ FED FARM CREDIT (FFCB)3,500,000.00 10/27/2027 1396 -$ -$ -$ -$ 3,500,000.00$ -$ FED FARM CREDIT (FFCB)5,250,000.00 8/28/2028 1702 -$ -$ -$ -$ -$ 5,250,000.00$ FED FARM CREDIT (FFCB)6,400,000.00 11/13/2028 1779 -$ -$ -$ -$ -$ 6,400,000.00$ FEDERAL AGENCY BOND/NOTE 27,410,000.00$ 39,790,000.00$ 72,960,000.00$ 40,416,000.00$ 7,000,000.00$ 11,650,000.00$ U.S. TREASURY NOTE 11,000,000.00 1/11/2024 11 11,000,000.00$ -$ -$ -$ -$ -$ TREASURY BILL 6,000,000.00 1/11/2024 11 6,000,000.00$ -$ -$ -$ -$ -$ TREASURY BILL 6,000,000.00 1/25/2024 25 6,000,000.00$ -$ -$ -$ -$ -$ U.S. TREASURY NOTE 9,000,000.00 2/1/2024 32 9,000,000.00$ -$ -$ -$ -$ -$ TREASURY BILL 5,000,000.00 2/13/2024 44 5,000,000.00$ -$ -$ -$ -$ -$ U.S. TREASURY NOTE 9,000,000.00 3/7/2024 67 9,000,000.00$ -$ -$ -$ -$ -$ TREASURY BILL 11,000,000.00 4/4/2024 95 11,000,000.00$ -$ -$ -$ -$ -$ U.S. TREASURY NOTE 3,000,000.00 11/30/2024 335 -$ 3,000,000.00$ -$ -$ -$ -$ U.S. TREASURY NOTE 3,000,000.00 8/15/2025 593 -$ -$ 3,000,000.00$ -$ -$ -$ U.S. TREASURY NOTE 5,000,000.00 3/15/2026 805 -$ -$ -$ 5,000,000.00$ -$ -$ U.S. TREASURY NOTE 5,000,000.00 5/15/2026 866 -$ -$ -$ 5,000,000.00$ -$ -$ U.S. TREASURY NOTE 5,000,000.00 6/15/2026 897 -$ -$ -$ 5,000,000.00$ -$ -$ U.S. TREASURY NOTE 3,500,000.00 8/15/2026 958 -$ -$ -$ 3,500,000.00$ -$ -$ U.S. TREASURY NOTE 3,200,000.00 2/15/2027 1142 -$ -$ -$ -$ 3,200,000.00$ -$ U.S. TREASURY NOTE 5,000,000.00 4/30/2027 1216 -$ -$ -$ -$ 5,000,000.00$ -$ U.S. TREASURY NOTE 6,000,000.00 11/30/2027 1430 -$ -$ -$ -$ 6,000,000.00$ -$ U.S. TREASURY NOTE 6,000,000.00 12/31/2027 1461 -$ -$ -$ -$ -$ 6,000,000.00$ U.S. TREASURY NOTE 6,000,000.00 1/31/2028 1492 -$ -$ -$ -$ -$ 6,000,000.00$ U.S. TREASURY NOTE 6,400,000.00 2/15/2028 1507 -$ -$ -$ -$ -$ 6,400,000.00$ U.S. TREASURY NOTE 6,000,000.00 9/30/2028 1735 -$ -$ -$ -$ -$ 6,000,000.00$ U.S. TREASURY NOTE 57,000,000.00$ 3,000,000.00$ 3,000,000.00$ 18,500,000.00$ 14,200,000.00$ 24,400,000.00$ STATE OF CALIFORNIA 3,000,000.00 4/1/2024 92 3,000,000.00$ -$ -$ -$ -$ -$ CITY OF RIVERSIDE PENSN OBLG 250,000.00 6/1/2024 153 250,000.00$ -$ -$ -$ -$ -$ CENTRAL UNIFIED SCHOOL DISTRICT 795,000.00 7/1/2024 183 -$ 795,000.00$ -$ -$ -$ -$ SAN RAFAEL ELEM SCH DIST 1,200,000.00 8/1/2024 214 -$ 1,200,000.00$ -$ -$ -$ -$ SANTA MONICA-MALIBU USD 250,000.00 8/1/2024 214 -$ 250,000.00$ -$ -$ -$ -$ GILROY UNIFIED SD 500,000.00 8/1/2024 214 -$ 500,000.00$ -$ -$ -$ -$ LONG BEACH CCD 1,315,000.00 8/1/2024 214 -$ 1,315,000.00$ -$ -$ -$ -$ COACHELLA VALLEY USD 365,000.00 8/1/2024 214 -$ 365,000.00$ -$ -$ -$ -$ Page 13 of 16 Page 250 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Today's Date:12/31/2023 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 SAN BERNARDINO CCD 700,000.00 8/1/2024 214 -$ 700,000.00$ -$ -$ -$ -$ SAN BERNARDINO CCD 1,000,000.00 8/1/2024 214 -$ 1,000,000.00$ -$ -$ -$ -$ SONOMA CNTY JR COLLEGE DIST 1,000,000.00 8/1/2024 214 -$ 1,000,000.00$ -$ -$ -$ -$ VAL VERDE UNIFIED SCH DIST 215,000.00 8/1/2024 214 -$ 215,000.00$ -$ -$ -$ -$ OAK GROVE SCHOOL DISTRICT 200,000.00 8/1/2024 214 -$ 200,000.00$ -$ -$ -$ -$ CARSON REDEV AGY TAB 600,000.00 8/1/2024 214 -$ 600,000.00$ -$ -$ -$ -$ SANTA MARIA JT UHSD 395,000.00 8/1/2024 214 -$ 395,000.00$ -$ -$ -$ -$ SANTA ANA CMNTY REDEV AGY 2,000,000.00 9/1/2024 245 -$ 2,000,000.00$ -$ -$ -$ -$ CALIFORNIA STATE UNIVERSITY 450,000.00 11/1/2024 306 -$ 450,000.00$ -$ -$ -$ -$ NATIONAL CITY PENSN OBLIG 300,000.00 11/1/2024 306 -$ 300,000.00$ -$ -$ -$ -$ STATE OF CONNECTICUT 1,700,000.00 1/15/2025 381 -$ -$ 1,700,000.00$ -$ -$ -$ STATE OF CALIFORNIA 750,000.00 3/1/2025 426 -$ -$ 750,000.00$ -$ -$ -$ SAN FRANCISCO CITY/CNTY PORT COMM 255,000.00 3/1/2025 426 -$ -$ 255,000.00$ -$ -$ -$ GARDENA PENSN OBLIG 250,000.00 4/1/2025 457 -$ -$ 250,000.00$ -$ -$ -$ PORT OF OAKLAND 1,030,000.00 5/1/2025 487 -$ -$ 1,030,000.00$ -$ -$ -$ CA STWD CMNTY DEV TRANS 1,000,000.00 6/1/2025 518 -$ -$ 1,000,000.00$ -$ -$ -$ CITY OF ONTARIO CA POB 1,000,000.00 6/1/2025 518 -$ -$ 1,000,000.00$ -$ -$ -$ UNIV OF CALIFORNIA 1,600,000.00 7/1/2025 548 -$ -$ 1,600,000.00$ -$ -$ -$ SAN JOSE SUCCESSOR AGY 4,675,000.00 8/1/2025 579 -$ -$ 4,675,000.00$ -$ -$ -$ CITY OF SAN BERNARDINO USD 2,250,000.00 8/1/2025 579 -$ -$ 2,250,000.00$ -$ -$ -$ COLTON UNIFIED SD 2,475,000.00 8/1/2025 579 -$ -$ 2,475,000.00$ -$ -$ -$ CARPINTERIA UNIFIED SCH DIST 1,210,000.00 8/1/2025 579 -$ -$ 1,210,000.00$ -$ -$ -$ POMONA PENSION OBLG 1,675,000.00 8/1/2025 579 -$ -$ 1,675,000.00$ -$ -$ -$ SAN JOSE GEN OBLIG 2,275,000.00 9/1/2025 610 -$ -$ 2,275,000.00$ -$ -$ -$ STATE OF HAWAII 2,290,000.00 10/1/2025 640 -$ -$ 2,290,000.00$ -$ -$ -$ CALIFORNIA STATE UNIVERSITY 775,000.00 11/1/2025 671 -$ -$ 775,000.00$ -$ -$ -$ CALIFORNIA STATE UNIVERSITY 2,500,000.00 11/1/2025 671 -$ -$ 2,500,000.00$ -$ -$ -$ STATE OF CALIFORNIA 3,200,000.00 4/1/2026 822 -$ -$ -$ 3,200,000.00$ -$ -$ SEQUOIA UHSD 2,050,000.00 7/1/2026 913 -$ -$ -$ 2,050,000.00$ -$ -$ HUNTINGTON BEACH UHSD 3,510,000.00 8/1/2026 944 -$ -$ -$ 3,510,000.00$ -$ -$ CITY OF LOS ANGELES 1,085,000.00 9/1/2026 975 -$ -$ -$ 1,085,000.00$ -$ -$ STATE OF CONNECTICUT 3,000,000.00 9/15/2026 989 -$ -$ -$ 3,000,000.00$ -$ -$ UNIV OF CALIFORNIA 1,340,000.00 5/15/2027 1231 -$ -$ -$ -$ 1,340,000.00$ -$ CITY OF RIVERSIDE PENSN OBLG 1,500,000.00 6/1/2027 1248 -$ -$ -$ -$ 1,500,000.00$ -$ SEQUOIA UHSD 2,150,000.00 7/1/2027 1278 -$ -$ -$ -$ 2,150,000.00$ -$ SADDLEBACK USD 1,805,000.00 8/1/2027 1309 -$ -$ -$ -$ 1,805,000.00$ -$ SAN DIEGO CCD 1,300,000.00 8/1/2027 1309 -$ -$ -$ -$ 1,300,000.00$ -$ MOUNTAIN VIEW-WHISMAN SD 970,000.00 9/1/2027 1340 -$ -$ -$ -$ 970,000.00$ -$ MUNICIPAL BOND 3,250,000.00$ 11,285,000.00$ 27,710,000.00$ 12,845,000.00$ 9,065,000.00$ -$ INTL FINANCE CORP (IFC)1,900,000.00 6/24/2024 176 1,900,000.00$ -$ -$ -$ -$ -$ INTERAMER DEV (IADB)3,000,000.00 9/23/2024 267 -$ 3,000,000.00$ -$ -$ -$ -$ INTL BK RECON & DEVELOP (IBRD)3,000,000.00 11/25/2024 330 -$ 3,000,000.00$ -$ -$ -$ -$ INTL BK RECON & DEVELOP (IBRD)3,500,000.00 7/29/2025 576 -$ -$ 3,500,000.00$ -$ -$ -$ INTERAMER DEV (IADB)3,000,000.00 6/2/2026 884 -$ -$ -$ 3,000,000.00$ -$ -$ INTL FINANCE CORP (IFC)4,000,000.00 10/8/2026 1012 -$ -$ -$ 4,000,000.00$ -$ -$ INTER-AMERICAN DEVEL BK 6,000,000.00 2/1/2027 1128 -$ -$ -$ -$ 6,000,000.00$ -$ INTL BK RECON & DEVELOP 5,000,000.00 8/1/2028 1675 -$ -$ -$ -$ -$ 5,000,000.00$ SUPRANATIONAL 1,900,000.00$ 6,000,000.00$ 3,500,000.00$ 7,000,000.00$ 6,000,000.00$ 5,000,000.00$ NEIGHBORHOOD NATIONAL BANK 4,349,905.19 8/15/2024 228 -$ 4,349,905.19$ -$ -$ -$ -$ PLACEMENT SERVICE DEPOSITS -$ 4,349,905.19$ -$ -$ -$ -$ Total 132,999,000.00$ 91,789,905.19$ 152,978,000.00$ 100,949,000.00$ 56,054,000.00$ 41,050,000.00$ Note: Excludes Pooled Investments and Bank of New York Mellon Money Market Fund Grand Total 575,819,905.19$ Page 14 of 16 Page 251 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City of Chula Vista Corporate Bonds - Sector Distribution SecurityTypeDesc Maturity CUSIP YTM BNY Market Value GICS Sector JOHN DEERE CAPITAL CORP 3/7/2024 24422EUX5 1.22 2,982,810.00 Industrials UNILEVER CAPITAL 5/5/2024 904764AX5 1.75 1,484,535.00 Consumer Staples UNILEVER CAPITAL 5/5/2024 904764AX5 1.79 1,979,380.00 Consumer Staples APPLE INC 5/6/2024 037833AS9 1.63 248,340.00 Information Technology APPLE INC 5/11/2024 037833CU2 1.69 643,929.00 Information Technology TEXAS INSTRUMENTS 5/15/2024 882508BB9 2.28 989,680.00 Information Technology BANK OF NEW YORK MELLON CORP 5/15/2024 06406HCV9 1.36 594,960.00 Financials IBM CORP 5/15/2024 459200JY8 0.60 2,972,880.00 Information Technology ASTRAZENECA FINANCE LLC 5/28/2024 04636NAC7 1.10 2,451,625.00 Health Care ONCOR ELECTRIC DELIVERY 6/1/2024 68233JBM5 1.08 469,067.25 Utilities HORMEL FOODS CORP 6/3/2024 440452AG5 1.19 2,940,030.00 Consumer Staples WALMART INC 7/8/2024 931142EL3 2.71 3,850,977.00 Consumer Discretionary SALESFORCE.COM INC 7/15/2024 79466LAG9 0.96 438,660.00 Information Technology UNITED HEALTH 8/15/2024 91324PDR0 0.58 2,946,420.00 Health Care EXXON MOBIL CO 8/16/2024 30231GBC5 0.65 980,480.00 Energy AMAZON.COM INC 8/22/2024 023135AZ9 1.88 222,497.00 Consumer Discretionary BURLINGTON NORTH SANTA FE 9/1/2024 12189LAT8 1.87 987,430.00 Industrials BURLINGTON NORTH SANTA FE 9/1/2024 12189LAT8 0.97 2,962,290.00 Industrials COCA-COLA CO 9/6/2024 191216CL2 0.95 3,127,744.00 Consumer Staples PAYPAL HOLDING 10/1/2024 70450YAC7 0.67 929,774.50 Information Technology BANK OF NEW YORK MELLON CORP 10/24/2024 06406RAL1 1.15 973,280.00 Financials CATERPILLAR FINL 11/8/2024 14913Q3B3 1.06 2,925,240.00 Industrials HERSHEY COMPANY 11/15/2024 427866BC1 1.87 658,836.09 Consumer Staples ADOBE SYSTEMS INC 2/1/2025 00724FAC5 3.11 2,549,821.05 Information Technology PACCAR FINANCIAL 2/6/2025 69371RQ66 0.66 968,010.00 Financials TOYOTA MOTOR CORP 2/13/2025 89236TGT6 1.03 967,320.00 Consumer Discretionary 3M COMPANY 2/14/2025 88579YBH3 1.44 2,410,500.00 Industrials WW GRAINGER INC 2/15/2025 384802AE4 0.70 559,885.60 Industrials JOHN DEERE CAPITAL CORP 3/13/2025 24422EUE7 1.08 1,231,200.00 Industrials INTEL CORP 3/25/2025 458140BP4 4.53 1,967,103.06 Information Technology AMAZON.COM INC 4/13/2025 023135CE4 2.99 2,935,230.00 Consumer Discretionary TARGET CORP 4/15/2025 87612EBL9 1.75 2,907,630.00 Consumer Discretionary APPLE INC 5/11/2025 037833DT4 1.12 1,078,657.32 Information Technology HONEYWELL INTERNATIONAL 6/1/2025 438516CB0 1.14 2,864,460.00 Industrials AMAZON.COM INC 6/3/2025 023135BQ8 1.19 1,589,888.22 Consumer Discretionary JP MORGAN CHASE 7/15/2025 46625HMN7 1.85 1,969,000.00 Financials PACCAR FINANCIAL 8/11/2025 69371RR99 4.37 2,262,211.00 Financials STATE STREET CORP 8/18/2025 857477AT0 3.09 1,569,904.00 Financials CUMMINS INC 9/1/2025 231021AU0 1.28 696,733.39 Industrials CUMMINS INC 9/1/2025 231021AU0 1.18 2,116,456.61 Industrials HOME DEPOT INC 9/15/2025 437076BK7 3.09 3,137,216.00 Consumer Discretionary TOYOTA MOTOR CORP 10/16/2025 89236THP3 1.42 2,804,400.00 Consumer Discretionary VISA INC 12/14/2025 92826CAD4 2.74 2,439,750.00 Financials PEPSICO INC 2/24/2026 713448DF2 4.34 1,810,336.32 Consumer Staples CISCO SYSTEMS 2/28/2026 17275RBC5 4.34 3,389,400.00 Information Technology TARGET CORP 4/15/2026 87612EBE5 4.39 1,781,346.50 Consumer Discretionary TARGET CORP 4/15/2026 87612EBE5 4.17 1,830,453.89 Consumer Discretionary PACCAR FINANCIAL 5/11/2026 69371RR32 4.40 2,771,400.00 Financials INTEL CORP 5/19/2026 458140AU4 1.34 2,274,553.14 Information Technology WALMART INC 7/8/2026 931142EM1 4.11 1,844,387.00 Consumer Discretionary CISCO SYSTEMS 9/20/2026 17275RBL5 4.07 1,096,973.50 Information Technology HONEYWELL INTERNATIONAL 11/1/2026 438516BL9 3.03 1,128,392.55 Industrials NIKE INC 11/1/2026 654106AF0 3.14 982,784.25 Consumer Discretionary ILLINOIS TOOL WORKS INC 11/15/2026 452308AX7 4.87 1,357,495.51 Industrials ABBOTT LABORATORIES 11/30/2026 002824BF6 4.71 986,410.00 Health Care MORGAN STANLEY 1/20/2027 61746BEF9 5.62 2,425,300.00 Financials JPMORGAN CHASE & CO 1/29/2027 46647PBA3 5.86 2,442,875.00 Financials BANK OF AMERICA CORP 3/2/2027 06048WS84 2.75 3,705,760.00 Financials CHARLES SCHWAB CORP 3/3/2027 808513BY0 3.35 2,053,781.10 Financials PEPSICO INC 3/19/2027 713448ER5 3.14 1,835,541.00 Consumer Staples COSTCO WHOLESALE CORP 5/18/2027 22160KAM7 4.31 3,083,744.00 Consumer Discretionary MERCK & CO INC 6/10/2027 58933YBC8 3.18 2,935,424.00 Health Care Total 117,522,598.85 Page 15 of 16 Page 252 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda GICS Sector Amount Percent Information Technology 18,579,771.57 15.81% Financials 24,176,231.10 20.57% Real Estate 0.00 0.00% Consumer Discretionary 27,937,873.86 23.77% Industrials 22,222,893.66 18.91% Consumer Staples 13,836,402.41 11.77% Energy 980,480.00 0.83% Utilities 469,067.25 0.40% Materials 0.00 0.00% Communication Services 0.00 0.00% Health Care 9,319,879.00 7.93% Total 117,522,598.85 100.00% 15.81% 20.57% 0.00% 23.77% 18.91% 11.77% 0.83%0.40% 0.00%0.00%7.93% Corporate Bonds - Sector Distribution Information Technology Financials Real Estate Consumer Discretionary Industrials Consumer Staples Energy Utilities Materials Communication Services Health Care Page 16 of 16 Page 253 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 1 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); 1.0 Purpose: This “Investment Policy and Guidelines” (the “Investment Policy”) Policy is intended to provide guidelines for the prudent investment of the City of Chula Vista’s (the “City”) cash balances, and outline policies to assist in maximizing the efficiency of the City’s cash management system, while meeting the daily cash flow demands of the City. 2.0 Policy: The investment practices and policies of the City of Chula Vista are based upon state law and prudent money management. 3.0 Scope: This Investment Policy applies to all financial assets of the City of Chula Vista, as indicated in 3.1 below. These funds are accounted for in the City’s Comprehensive Annual Financial Report. 3.1 Funds: The Director of Finance/Treasurer is responsible for investing the unexpended cash in the City Treasury for all funds, except for the employee’s retirement funds, which are administered separately, and those funds which are managed separately by trustees appointed under indenture agreements. The Director of Finance/Treasurer will strive to maintain the level of investment of this cash as close as possible to 100%. These funds are described in the City’s annual financial report and include:  General Fund  Special Revenue Funds  Capital Project Funds  Enterprise Funds  Trust and AgencyFiduciary Funds  Any new fund created by the legislative body, unless specifically exempted This Investment Policy applies to all transactions involving the financial assets and related activity of Page 254 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 2 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); the foregoing funds. Bond proceeds shall be invested in the investments permitted by the applicable bond documents. If the bond documents are silent as to the permitted investments, the bond proceeds will be invested in the securities permitted by this Policy. Notwithstanding the other provisions of this Policy, the percentage limitations listed elsewhere in this Policy do not apply to bond proceeds. 4.0 Prudence: The standard of prudence to be used by the Director of Finance/Treasurer shall be the “prudent investor standard”. This shall be applied in the context of managing an overall portfolio. The “prudent investor standard” is applied to local agencies, pursuant to California Government Code Section 53600.3 which provides, in pertinent part: “ … all governing bodies of local agencies or persons authorized to make investment decisions on behalf of those local agencies investing public funds pursuant to this chapter are trustees and therefore fiduciaries subject to the prudent investor standard. When investing, reinvesting, purchasing, acquiring, exchanging, selling, or managing public funds, a trustee shall act with care, skill, prudence, and diligence under the circumstances then prevailing, including, but not limited to, the general economic conditions and the anticipated needs of the agency, that a prudent person acting in a like capacity and familiarity with those matters would use in the conduct of funds of a like character and with like aims, to safeguard the principal and maintain the liquidity needs of the agency…” 4.1 Personal Responsibility: The Director of Finance/Treasurer, Assistant Director of Finance, Treasury Manager and Finance Manager as investment officers acting in accordance with written procedures and the Investment Policy and exercising due diligence, shall be relieved of personal responsibility for an individual security’s credit risk or market price changes, provided deviations from expectations are reported to the City Council in a timely fashion and appropriate action is taken to control adverse developments. Page 255 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 3 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); 5.0 Objective: Consistent with this aim, investments are made under the terms and conditions of California Government Code Section 53600, et seq. Criteria for selecting investments and the absolute order of priority are: 5.1 Safety: Safety of principal is the foremost objective of the investment program. Investments of the City of Chula Vista shall be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. To attain this objective, diversification is required in order that potential losses on individual securities do not exceed the income generated from the remainder of the portfolio. 5.2 Liquidity: The City of Chula Vista’s investment portfolio will remain sufficiently liquid to enable the City to meet all operating requirements which might be reasonably anticipated and to maintain compliance with any indenture agreement, as applicable. Liquidity is essential to the safety of principal. 5.3 Return on Investments: The City of Chula Vista’s investment portfolio shall be designed with the objective of attaining a market-average rate of return throughout budgetary and economic cycles (market interest rates), within the City’s Investment Policy’s risk parameters and the City’s cash flow needs. See also Section 16.0. 6.0 Delegation of Authority: The City Council delegates responsibility for the investment program to the Director of Finance/Treasurer for a period of one year. Subject to review, the City Council may renew the delegation of authority each year. The Director of Finance/Treasurer shall be responsible for all transactions undertaken and shall establish a system of controls and written procedures to regulate the activities of subordinate officials. The responsibility for the day-to-day investment of City funds will be delegated to the Assistant Director of Finance or their designee. The Director of Finance/Treasurer may delegate day-to-day investment decision making and execution authority to an investment advisor. Page 256 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 4 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); The advisor shall follow the Investment Policy and such other written instructions as are provided. 7.0 Ethics and Conflicts of Interest: In addition to state and local statutes relating to conflicts of interest, all persons involved in the investment process shall refrain from personal business activity that could conflict with proper execution of the investment program, or which could impair their ability to make impartial investment decisions. Employees and investment officers, including investment advisors, are required to file annual disclosure statements as required for “public officials who manage public investments” [as defined and required by the Political Reform Act and related regulations, including Government Code Sections 81000, et seq., and the rules, regulations and guidelines promulgated by California’s Fair Political Practices Commission (FPPC)]. 8.0 Authorized Financial Dealers and Institutions: For any transactions executed by the City, the City’s Director of Finance/Treasurer will maintain a list of the financial institutions and brokers/dealers authorized to provide investment and depository services and will perform an annual review of their financial condition. The City will utilize Moody’s Securities or other such services to determine financially sound institutions with which to do business. The City shall annually send a copy of the current Investment Policy to all financial institutions and brokers/dealers approved to do business with the City. As far as possible, all money belonging to, or in the custody of, a local agency, including money paid to the City’s Director of Finance/Treasurer or other official to pay the principal, interest, or penalties of bonds, shall be deposited for safekeeping in state or national banks, savings associations, federal associations, credit unions, or federally insured industrial loan companies in this state selected by the City’s Director of Finance/Treasurer; or may be invested in the investments set forth in Section 9.0. To be eligible to receive local agency money, a bank, savings association, federal association, or federally insured industrial loan company shall have received an overall rating of not less than “satisfactory” in its most recent evaluation by the appropriate federal financial supervisory agency of its record of meeting the credit needs of California’s communities, including low- and moderate-income neighborhoods. To provide for the optimum yield in the investment of City funds, the City’s investment procedures Page 257 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 5 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); shall encourage competitive bidding on transactions. Any transactions not executed directly with the issuer shall be made with approved brokers/dealers. In order to be approved by the City, the broker/dealer must meet the following criteria: (i) the broker/dealer must be a “primary” dealer or regional broker/dealer that qualifies under Securities and Exchange Commission Rule 15C3-1 (Uniform Net Capital Rule); (ii) the broker/dealer must be experienced in institutional trading practices and familiar with the California Government Code as related to investments appropriate for the City; and (iii) all other applicable criteria, as may be established in the investment procedures. All brokers/dealers and financial institutions who desire to become qualified bidders for investment transactions must submit documents relative to eligibility including U4 form for the broker, proof of Financial Industry Regulatory Authority (FINRA) certification and a certification of having read and understood the City’s Investment Policy and agreeing to comply with the Investment Policy. The City’s Director of Finance/Treasurer shall determine if they are adequately capitalized (i.e. minimum capital requirements of $10,000,000 and five years of operation). If the City has an investment advisor, the investment advisor may use its own list of authorized issuers and broker/dealers to conduct transactions on behalf of the City. 9.0 Authorized and Suitable Investments: The City is authorized by California Government Code Section 53600, et. seq., to invest in specific types of securities. Where this section specifies a percentage limitation for a particular security type, that percentage is applicable only on the date of purchase. Credit criteria listed in this section refers to the credit rating at the time the security is purchased. If an investment’s credit rating falls below the minimum rating required at the time of purchase, the Director of Finance/Treasurer will perform a timely review and decide whether to sell or hold the investment. Investments not specifically listed below are deemed inappropriate and prohibited: A. BANKERS’ ACCEPTANCES. A maximum of 40% of the portfolio may be invested in bankers’ acceptances. The maximum maturity is 180 days. No more than 30% of the agency’s moneys may be invested in the bankers’ acceptances of any one commercial bank. See Government Code Section 53601(g). Page 258 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 6 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); B. NEGOTIABLE CERTIFICATES OF DEPOSIT. A maximum of 30% of the portfolio may be invested in negotiable certificates of deposit (NCD’s). The maximum maturity of a NCD issue shall be 5 years. These are issued by commercial banks and thrift institutions against funds deposited for specified periods of time and earn specified or variable rates of interest. Negotiable certificates of deposit (NCD’s) differ from other certificates of deposit by their liquidity. NCD’s are traded actively in secondary markets. See Government Code Section 53601(i). C. COMMERCIAL PAPER. Per Government Code Section 53601(h), aA maximum of 4025% of the portfolio may be invested in commercial paper. No more than 10% of the outstanding commercial paper of any single issuer may be purchased. The maximum maturity is 270 days. Commercial paper of prime quality of the highest ranking or of the highest letter and number rating as provided for by a NRSRO. The entity that issues the commercial paper shall meet all of the following conditions in either paragraph (1) or paragraph (2): 1) The entity meets the following criteria: a. Is organized and operating in the United States as a general corporation. b. Has total assets in excess of five hundred million dollars ($500,000,000). c. Has debt other than commercial paper, if any, that is rated in a rating category of “A” or higher, or the equivalent, by a NRSRO. 2) The entity meets the following criteria: a. Is organized within the United States as a special purpose corporation, trust, or limited liability company. b. Has program wide credit enhancements including, but not limited to, over collateralization, letters of credit, or surety bond. c. Has commercial paper that is rated in a rating category of “A-1” or higher, or the equivalent, by a NRSRO. See Government Code Section 53601(h). D. BONDS ISSUED BY THE CITY OR ANY LOCAL AGENCY WITHIN THE STATE OF CALIFORNIA. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(a) and 53601(e). E. OBLIGATIONS OF THE UNITED STATES TREASURY. United States Treasury Notes, bonds, bills or certificates of indebtedness, or those for which the faith and credit of the United States are Page 259 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 7 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); pledged for the payment of principal and interest. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(b). F. FEDERAL AGENCIES. Federal agency or United States government-sponsored enterprise obligations, participations, or other instruments, including those issued by or fully guaranteed as to principal and interest by federal agencies or United States government-sponsored enterprises. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(f). G. REPURCHASE AGREEMENT, maximum term 1 year. Investments in repurchase agreements may be made, on any investment authorized in this section, when the term of the agreement does not exceed 1 year. A Master Repurchase Agreement must be signed with the bank or broker/dealer who is selling the securities to the City. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(j). H. REVERSE-REPURCHASE AGREEMENTS (Requires Council approval for each transaction). Per Government Code Section 53601(j), reverse repurchase agreements or securities lending agreements may be utilized only when all of the following conditions are met: a) The security to be sold on reverse repurchase agreement or securities lending agreement has been owned and fully paid for by the local agency for a minimum of 30 days prior to sale. b) The total of all reverse repurchase agreements and securities lending agreements on investments owned by the local agency does not exceed 20% of the base value of the portfolio. c) The agreement does not exceed a term of 92 days, unless the agreement includes a written codicil guaranteeing a minimum earning or spread for the entire period between the sale of a security using a reverse repurchase agreement or securities lending agreement and the final maturity date of the same security. d) Funds obtained or funds within the pool of an equivalent amount to that obtained from selling a security to a counter party by way of a reverse repurchase agreement or securities lending agreement, shall not be used to purchase another security with a maturity longer than 92 days from the initial settlement date of the reverse repurchase agreement or securities lending agreement, unless the reverse repurchase agreement or securities lending a greement includes a written codicil guaranteeing a minimum earning Page 260 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 8 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); or spread for the entire period between the sale of a security using a reverse repurchase agreement or securities lending agreement and the final maturity date of the same security. e) Investments in reverse repurchase agreements, securities lending agreements, or similar investments in which the local agency sells securities prior to purchase with a simultaneous agreement to repurchase the security shall only be made with primary dealers of the Federal Reserve Bank of New York or with a nationally or state-chartered bank that has or has had a significant banking relationship with a local agency. f) For purposes of this policy, “significant banking relationship” means any of the following activities of a bank: i. Involvement in the creation, sale, purchase, or retirement of a local agency’s bonds, warrants, notes, or other evidence of indebtedness. ii. Financing of a local agency’s activities. iii. Acceptance of a local agency’s securities or funds as deposits. I. MEDIUM-TERM CORPORATE NOTES. A maximum of 30% of the portfolio may be invested in medium-term corporate notes, with a maximum remaining maturity of five years or less. Notes eligible for investment shall be rated in a rating category of “A,” its equivalent or better by a NRSRO. See Government Code Section 53601(k). No more than 10% of the City’s total investment assets may be invested in the commercial paper and the medium-term notes of any single issuer. J. NON-NEGOTIABLE CERTIFICATES OF DEPOSIT. The maximum maturity is 5 years. Certificates of deposit are required to be collateralized as specified under Government Code Section 53630 et seq. The City, at its discretion, may waive the collateralization requirements for any portion that is covered by Federal Deposit Insurance Corporation (FDIC) insurance. There is no limit on the percentage of the portfolio that can be invested in this category. K. OBLIGATIONS OF THE STATE OF CALIFORNIA. Including bonds payable solely out of revenues from a revenue producing property owned, controlled or operated by the state, or by a department, board, agency or authority of the state. The maximum maturity is 5 years. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(d). Page 261 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 9 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); L. OBLIGATIONS OF THE OTHER 49 STATES. Including bonds payable solely out of revenues from a revenue producing property owned, controlled or operated by any of these states, or by a department, board, agency or authority of the state. The maximum maturity is 5 years. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(d). M. MONEY MARKET FUNDS. A maximum of 20% of the portfolio may be invested in money market funds. No more than 10% of the agency’s funds may be invested in shares of beneficial interest of any one mutual fund. Local agencies may invest in “shares of beneficial interest” issued by diversified management companies which invest in the securities and obligations as authorized by California Government Code Section 53601, subdivisions (a) to (k), inclusive, and subdivisions (m) to (q), inclusive. They must have the highest rating from two NRSRO’s or have retained an investment advisor registered or exempt from registration with the Securities and Exchange Commission with not less than five years of experience managing money market mutual funds and with assets under management in excess of $500,000,000. The purchase price of the shares may not include commission. See Government Code Section 53601(l). N. SAN DIEGO COUNTY TREASURER’S POOLED MONEY FUND. Also known as the San Diego County Investment Pool, the pool is a local government money fund created to invest the assets of the County of San Diego and other public agencies located within the County. The three primary objectives of the County Pool are to safeguard principal; to meet liquidity needs of Pool participants; and to achieve an investment return on the funds within the guidelines of prudent risk management. Investment in the County Pool is highly liquid and the City may invest with no portfolio percentage limit. See Government Code Section 27133. O. THE LOCAL AGENCY INVESTMENT FUND (LAIF). LAIF is a special fund of the California State Treasury through which any local government may pool investments. The City may invest up to $75 million in this fund. Investments in LAIF are highly liquid and may be converted to cash within 24 hours. See Government Code Section 16429.1. P. SHARES OF BENEFICIAL INTEREST ISSUED BY A JOINT POWERS AUTHORITY (Local Government Investment Pools [LGIP]). Per Government Code Section 53601(p), there is no limit on the percentage of the portfolio that can be invested in this category. LGIP’s organized pursuant to Government Code Section 6509.7 that invests in the securities and obligations authorized in Page 262 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 10 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); subdivisions (a) to (q) of California Government Code Section 53601, inclusive. Each share will represent an equal proportional interest in the underlying pool of securities owned by the joint powers authority. To be eligible under this section the joint powers authority issuing the shares will have retained an investment adviser that meets all of the following criteria: • The adviser is registered or exempt from registration with the Securities and Exchange Commission. • The adviser has not less than five years of experience investing in the securities and obligations authorized in subdivisions (a) to (q) Government Code Section 53601, inclusive. • The adviser has assets under management in excess of five hundred million dollars ($500,000,000). Q. ASSET BACKED SECURITIES (ABS). A maximum of 20% of the portfolio may be invested in ABS. The maximum maturity is five years. Securities eligible for investment under this subdivision not issued or guaranteed by issuers identified in subdivision E and F, shall be rated in a rating category of “AA” or its equivalent or better by an NRSRO. ABS constitutes a mortgage pass- through security, collateralized mortgage obligation, mortgage-backed or other pay-through bond, equipment lease-backed certificate, consumer receivable pass-through certificate, or consumer receivable-backed bond. See Government Code Section 53601(o). R. SUPRANATIONALS. A maximum of 30% of the portfolio may be invested in supranationals. The maximum maturity is five years. Securities eligible for purchase under this subdivision shall be United States dollar denominated senior unsecured unsubordinated obligations issued or unconditionally guaranteed by the International Bank for Reconstruction and Development, International Finance Corporation, or Inter-American Development Bank that are eligible for purchase and sale within the United States. Investments under this subdivision shall be rated in a rating category of “AA,” its equivalent or better by an NRSRO. See Government Code Section 53601(q). S. PLACEMENT SERVICE DEPOSITS. A maximum of 30% of the portfolio may be invested in placement service deposits. The maximum maturity is 5 years. Deposits placed through a deposit placement service shall meet the requirements under Government Code Section 53601.8 and 53635.8. The full amount of the principal and the interest that may be accrued during the maximum term of each certificate of deposit shall at all times be insured by federal deposit insurance. Page 263 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 11 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); T. COLLATERALIZED BANK DEPOSITS. Notes, bonds, or other obligations that are at all times secured by a valid first priority security interest in securities of the types listed by California Government Code Section 53651 as eligible securities for the purpose of securing local agency deposits having a market value at least equal to that required by California Government Code Section 53652 for the purpose of securing local agency deposits. The securities serving as collateral shall be placed by delivery or book entry into the custody of a trust company or the trust department of a bank that is not affiliated with the issuer of the secured obligation. The maximum maturity is 5 years. There is no limit on the percentage of the portfolio that can be invested in this category. See Government Code Section 53601(n) and 53630 et seq. 9.1 Investment Pools: The City’s Director of Finance/Treasurer or designee shall be required to investigate all local government investment pools and money market mutual funds prior to investing and performing at least a quarterly review thereafter while the City is invested in the pool or the money market fund. LAIF is authorized under provisions in Section 16429.1 of the California Government Code as an allowable investment for local agencies even though some of the individual investments of the pool are not allowed as a direct investment by a local agency. 10.0 Portfolio Adjustments: Should any investment listed in section 9.0 exceed a percentage-of-portfolio limitation due to an incident such as fluctuation in portfolio size, the affected securities may be held to maturity to avoid losses. When no loss is indicated, the Director of Finance/Treasurer shall consider reconstructing the portfolio basing his or her decision on the expected length of time the portfolio will be unbalanced. If this occurs, the City Council shall be notified. 11.0 Collateralization: Under provisions of the California Government Code, California banks, and savings and loan associations are required to secure the City’s deposits by pledging letters of credit issued by the Federal Home Loan Bank of San Francisco with a value of 105% of the principal and accrued interest, government securities with a value of 110% of principal and accrued interest or first trust deed mortgage notes having a value of 150% of the City’s total deposits. Collateral will be handled as required by the Page 264 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 12 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); California Government Code. The Director of Finance/Treasurer, at his or her discretion, may waive the collateral requirement for deposits that are fully insured up to $250,000 by the Federal Deposit Insurance Corporation. The market value of securities that underlay a repurchase agreement shall be valued at 102% or greater of the funds borrowed against those securities and the value shall be adjusted no less than quarterly. Since the market value of the underlying securities is subject to daily market fluctuations, the investments in repurchase agreements shall be in compliance if the value of the underlying securities is brought back up to 102% no later than the next business day. Collateral will always be held by an independent third party. A clearly marked evidence of ownership (safekeeping receipt) must be supplied to the City and retained. The right of collateral substitution is granted. 12.0 Safekeeping and Custody: All City investments shall identify the City of Chula Vista as the registered owner, and all interest and principal payments and withdrawals shall indicate the City of Chula Vista as the payee. All securities shall be safe kept with the City itself or with a qualified financial institution, contracted by the City as a third party. All agreements and statements will be subject to review annually by external auditors in conjunction with their audit. In the event that the City has a financial institution hold the securities, a separate custodial agreement shall be required. All deliverable securities shall be acquired by the safekeeping institution on a “Delivery-Vs-Payment” (DVP) basis. For Repurchase Agreements, the purchase may be delivered by book entry, physical delivery or by third-party custodial agreement consistent with the Government Code. The transfer of securities to the counter party bank’s customer book entry account may be used for book entry delivery. 13.0 Diversification: The City’s investment portfolio will be diversified to avoid incurring unreasonable and avoidable risks associated with concentrating investments in specific security types, maturity segment, or in individual financial institutions. No more than 5% of the investment portfolio shall be in securities of any one issuer except for U.S. Treasuries, U.S. Government Agency issues, and investment pools such as LAIF, the San Diego County Pool, money market funds, and local government investment pools (LGIP’s). Page 265 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 13 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); A. Credit risk, defined as the risk of loss due to failure of the insurer of a security, shall be mitigated by investing in those securities with an “A” or above rating and approved in the Investment Policy and by diversifying the investment portfolio so that the failure of any one issuer would not unduly harm the City’s cash flow. B. Market risk, defined as the risk of market value fluctuations due to overall changes in the general level of interest rates, shall be mitigated by implementing a long-term investment strategy. It is explicitly recognized herein, however, that in a diversified portfolio, occasional measured losses are inevitable and must be considered within the context of overall investment return. The City’s investment portfolio will remain sufficiently liquid to enable the City to meet all operating requirements which might be reasonably anticipated. 14.0 Maximum Maturities: To the extent possible, the City will attempt to match its investments with anticipated cash flow requirements. The City will not directly invest in securities maturing more than five (5) years from the date of purchase, unless, the legislative body has granted express authority to make that investment either specifically, or as a part of an investment program approved by the City Council at least three (3) months prior to the investment. 15.0 Internal Control: The Director of Finance/Treasurer shall establish a system of internal controls designed to prevent loss of public funds due to fraud, employee error, or misrepresentation by third parties. No investment personnel, including an investment advisor, may engage in an investment transaction except as provided for under the terms of this Investment Policy and the procedure established by the Director of Finance/Treasurer. The external auditors shall annually review the investments with respect to the Investment Policy. This review will provide internal control by assuring compliance with policies and procedures for the investments that are selected for testing. Additionally, account reconciliation and verification of general ledger balances relating to the purchasing or maturing of investments and allocation of investments to fund balances shall be performed by the Finance Department and approved by the Director of Finance/Treasurer. To provide further protection of City funds, written procedures prohibit the wiring Page 266 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 14 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); of any City funds without the authorization of at least two of the following six designated City staff: 1. Director of Finance/Treasurer 2. Assistant Director of Finance 3. Treasury Manager 4. Finance Manager 5. Revenue Manager 6. Budget and Analysis Manager 16.0 Performance Standards: The investment portfolio shall be managed to attain a market-average rate of return throughout budgetary and economic cycles, taking into account the City’s investment risk constraints and cash flow. Investment return becomes a consideration only after the basic requirements of investment safety and liquidity have been met. In evaluating the performance of the City’s portfolio in complying with this policy, the City shall establish an appropriate performance benchmark and compare the return of its portfolio to the return of the benchmark. 17.0 Reporting: The Director of Finance/Treasurer shall submit a quarterly investment report to the City Council and City Manager within 45 days following the end of each quarter. This report will include the following elements:  Type of investment  Institutional issuer  Purchase date  Date of maturity  Amount of deposit or cost of the investment  Face value of the investment  Current market value of securities and source of valuation  Rate of interest  Interest earnings Page 267 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 15 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023);  Statement relating the report to its compliance with the Statement of Investment Policy or the manner in which the portfolio is not in compliance  Statement on availability of funds to meet the next six month’s obligations  Monthly and year-to-date budget amounts for interest income  Percentage of portfolio by investment type  Days to maturity for all investments  Comparative report on interest yields  Monthly transactions  Compare portfolio total return to market benchmark total return In addition, a commentary on capital markets and economic conditions may be included with the report. 18.0 Investment Policy Review and Adoption: This Investment Policy shall be reviewed at least annually by the Director of Finance/Treasurer to ensure its consistency with the overall objective of preservation of principal, liquidity, and return, and its relevance to current law and financial and economic trends. Each fiscal year, the Finance Director shall provide a copy of the City’s current Investment Policy and Guidelines to the City Council. By virtue of a resolution of the City Council of the City of Chula Vista, the Council shall acknowledge the receipt of the Policy for the respective fiscal year. Page 268 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 16 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); GLOSSARY AGENCIES: Federal agency securities. ASSET BACKED SECURITIES: Securities supported by pools of installment loans or leases or by pools of revolving lines of credit. ASKED: The price at which securities are offered. (The price at which a firm will sell a security to an investor.) BANKERS’ ACCEPTANCE (BA): A draft or bill or exchange accepted by a bank or trust company. The accepting institution guarantees payment of the bill, as well as the issuer. The drafts are drawn on a bank by an exporter or importer to obtain funds to pay for specific merchandise. An acceptance is a high-grade negotiable instrument. BASIS POINT: One one-hundredth of a percent (i.e., 0.01 %). BID: The price offered by a buyer of securities. (When you are selling securities, you ask for a bid.) BROKER: A broker brings buyers and sellers together for a commission. He does not take a position. CALLABLE: A callable security gives the issuer the option to call it from the investor prior to its maturity. The main cause of a call is a decline in interest rates. If interest rates decline, the issuer will likely call its current securities and reissue them at a lower rate of interest. CERTIFICATE OF DEPOSIT (CD): A time deposit with a specific maturity evidenced by a certificate. Large-denomination CD’s are typically negotiable. COLLATERAL: Securities, evidence of deposit or other property, which a borrower pledges to secure repayment of a loan. Also refers to securities pledged by a bank to secure deposits of public monies. COLLATERALIZED MORTGAGE OBLIGATIONS (CMO): Classes of bonds that redistribute the cash flows of mortgage securities (and whole loans) to create securities that have different levels of prepayment risk, as compared to the underlying mortgage securities. Page 269 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 17 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); COMMERCIAL PAPER: Short term unsecured promissory note issued by a corporation to raise working capital. These negotiable instruments are purchased at a discount to par value or at par value with interest bearing. Commercial paper is issued by corporations such as General Motors Acceptance Corporation, IBM, Bank of America, etc. DEALER: A dealer, as opposed to a broker, acts as a principal in all transactions, buying and selling for his own account. DELIVERY VERSUS PAYMENT: There are two methods of delivery of securities: delivery versus payment and delivery versus receipt. Delivery versus payment is delivery of securities with an exchange of money for the securities. Delivery versus receipt is delivery of securities with an exchange of a signed receipt for the securities. DIVERSIFICATION: Dividing investment funds among a variety of securities offering independent returns. FEDERAL AGENCIES: Agencies of the Federal government set up to supply credit to various classes of institutions (e.g., S&L’s, small business firms, students, farmers, farm cooperatives, and exporters). FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC): A Federal agency that insures bank deposits, currently up to $250,000 per deposit. FEDERAL RESERVE SYSTEM: The central bank of the United States created by Congress and consisting of a seven-member Board of Governors in Washington, D.C.; 12 regional banks and about 5,700 commercial banks are members of the system. FIDUCIARY: A person or organization that acts on behalf of another person(s) or organization that puts their clients’ interest ahead of their own as they are bound both legally and ethically to act in the other’s best interests. LIQUIDITY: A liquid asset is one that can be converted easily and rapidly into cash without a substantial loss of value. In the money market, a security is said to be liquid if the spread between bid and asked prices is narrow and reasonable size can be done at those quotes. Page 270 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 18 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); LOCAL AGENCY INVESTMENT FUND (LAIF): The aggregate of all funds from political subdivisions that are placed in the custody of the State Treasurer for investment and reinvestment. LOCAL GOVERNMENT INVESTMENT POOL (LGIP): An investment pool offered by a state or local agency to public entities for the investment of public funds. MARKET VALUE: The price at which a security is trading and could presumable be purchased or sold. MATURITY: The date upon which the principal or stated value of an investment becomes due and payable. The investment’s term or remaining maturity is measured from the settlement date to final maturity. MORTGAGE PASS-THROUGH SECURITIES: A securitized participation in the interest and principal cash flows from a specified pool of mortgages. Principal and interest payments made on the mortgages are passed through to the holder of the security. NATIONALLY RECOGNIZED STATISTICAL RATING ORGANIZATIONS (NRSROs): Credit rating agencies that issue credit ratings that the Securities and Exchange Commission (SEC) permits other financial firms to use for certain regulatory purposes. NEGOTIABLE CERTIFICATES OF DEPOSIT: Unsecured obligations of the financial institution, bank or savings and loan, bought at par value with the promise to pay face value plus accrued interest at maturity. They are high-grade negotiable instruments, paying a higher interest rate than regular certificates of deposit. OFFER: The price asked by a seller of securities. (When you are buying securities, you ask for an offer). PORTFOLIO: Collection of securities held by an investor. PRIMARY DEALER: A group of government securities dealers who submit daily reports of market activity and positions and monthly financial statements to the Federal Reserve Bank of New York and Page 271 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 19 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); are subject to its informal oversight. Primary dealers include Securities and Exchange Commission (SEC)-registered securities broker/dealers, banks and a few unregulated firms. PRUDENT INVESTOR STANDARD: An investment standard. In some states, the law requires that a fiduciary, such as a trustee, may invest money only in a list of securities selected by the custody state- the so-called “legal list”. In other states, the trustee may invest in a security if it is one that would be bought by a prudent person of discretion and intelligence who is seeking a reasonable income and preservation of capital. RATE OF RETURN: The yield obtainable on a security based on its purchase price or its current market price. SAFEKEEPING: A service to customers rendered by banks for a fee whereby securities and valuables of all types and descriptions are held in the bank’s vaults for protection. SECONDARY MARKET: A market made for the purchase and sale of outstanding issues following the initial distribution. SECURITIES & EXCHANGE COMMISSION (SEC): Agency created by Congress to protect investors in securities transactions by administering securities legislation. SEC RULE 15C3-1: See “Uniform Net Capital Rule”. TREASURY BILLS: A non-interest bearing discount security issued by the U.S. Treasury to finance the national debt. Most bills are issued to mature in three months, six months, or one year. TREASURY BOND: Long-term U.S. Treasury securities having initial maturities of more than 10 years. TREASURY NOTES: Intermediate-term coupon bearing U.S. Treasury having initial maturities of one year to ten years. UNIFORM NET CAPITAL RULE: Securities and Exchange Commission requirement that member firms as well as nonmember broker/dealers in securities maintain a maximum ratio of indebtedness to Page 272 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda COUNCIL POLICY CITY OF CHULA VISTA SUBJECT: INVESTMENT POLICY AND GUIDELINES POLICY NUMBER EFFECTIVE DATE PAGE 220-01 023/1307/2024 3 20 OF 20 ADOPTED BY: Resolution No. 17578 DATED: 07/26/94 AMENDED BY: Resolution Nos. 18571 (2/4/97); 19375 (2/16/99); 2000-050 (2/15/00); 2001-026 (2/13/01); 2002-039 (2/12/02); 2005-184 (6/7/05); 2006-176 (6/13/06); 2008-054 (2/12/08); 2010-045 (3/2/10); 2011-020 (2/22/11); 2012-034(3/13/12); 2013-020 (2/26/13); 2014-039 (3/11/14); 2014-191 (10/28/14); 2015-041 (3/03/2015); 2016-046 (03/15/2016); 2017-078 (05/23/2017); 2018-090 (05/22/2018); 2019-086 (05/21/2019); 2020-024 (02/18/2020); 2021-022 (02/16/2021); 2022-052 (03/01/2022); 2023-024 (03/07/2023); liquid capital of 15 to 1; also called net capital rule and net capital ratio. Indebtedness covers all money owed to a firm, including margin loans and commitments to purchase securities, one reason new public issues are spread among members of underwriting syndicates. Liquid capital includes cash and assets easily converted into cash. YIELD: The rate of annual income return on an investment, expressed as a percentage. (a) Income Yield is obtained by dividing the current dollar income by the current market price for the security. (b) Net Yield or Yield to Maturity is the current income yield minus any premium above par or plus any discount from par in purchase price, with the adjustment spread over the period from the date of purchase to the date of maturity of the bond. Page 273 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda v . 0 0 4 P a g e | 1 February 13, 2024 ITEM TITLE Agreement: Approve a Park Agreement for the Construction of a 0.5 Acre Public Park Associated with the Chula Vista Center Residential Project, also Known as the Citrus Bay Project, Located at the Former Sears Site at Chula Vista Center Report Number: 24-0052 Location: Southeast Corner of H Street and 5th Avenue Department: Development Services G.C. § 84308: Yes Environmental Notice: The activity is not a “Project” as defined under Section 15378 of the California Environmental Quality Act (“CEQA”) State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. Alternatively, if the subject park agreement is considered a Project under CEQA, then the agreement was adequately covered and addressed under CEQA in the approved January 2023 Addendum to the previously adopted Final Environmental Impact Report for the Urban Core Specific Plan (FEIR06-01; SCH#2005081121; and certified by Resolution No. 2007-097 on April 26, 2007). Recommended Action Adopt a resolution approving the Park Agreement for the construction of a public park associated with the Citrus Bay Project located at the former Sears site at Chula Vista Center. SUMMARY CWC Broadway CV 256, LLC (“Developer”) is redeveloping the former Sears site located at the Chula Vista Center. As part of the development of 244 market-rate, for sale, attached townhomes on the 15.54 acre site, the Developer is required to provide parkland. The City and Developer desire to enter into a Park Agreement to satisfy the project’s parkland obligations. ENVIRONMENTAL REVIEW The Director of Development Services has reviewed the activity for compliance with CEQA and has determined that the activity is not a “Project” under Section 15378; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. Alternatively, if the subject park agreement is Page 274 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 2 considered a Project under CEQA, then the agreement was adequately covered and addressed under CEQA in the approved January 2023 Addendum to the previously adopted Final Environmental Impact Report for the Urban Core Specific Plan (FEIR06-01; SCH#2005081121; and certified by Resolution No. 2007-097 on April 26, 2007). BOARD/COMMISSION/COMMITTEE RECOMMENDATION Not applicable DISCUSSION On January 25, 2023, the City of Chula Vista Planning Commission approved a project consisting of 244 market-rate, for sale, attached townhomes, a commercial parcel and a 0.5-acre parcel for a future public park on an existing 15.54 acre site within the UC-6 and UC-7 Subdistricts of the Urban Core Specific Plan (“UCSP”). This project is commonly referred to as the Sears site project, as this location is where the former Sears building was located adjacent to Chula Vista Center. The marketing name for the future residential project is Citrus Bay. The project is required to comply with the City's Parklands and Public Facilities Ordinance, Chula Vista Municipal Code ("CVMC") Chapter 17.10 ("PLDO”). The project’s PLDO obligation is 1.91 acres of developed parkland, which can be achieved in a variety of ways consistent with CVMC Chapter 17.10. Due to the urban nature of the area of the project, the City finds that a combination of parkland dedication, parkland development improvements and payment of parkland in-lieu fees of $565,880.36 paid by the Developer will satisfy the project’s PLDO obligations. The design of the park will follow the City’s standard park master plan process which will include public meetings for input on amenities desired by the community, a park design that will be presented at both the Park and Recreation Committee and City Council for final approval. The Park Agreement allows for the City and Developer to move forward in a collaborative way for the park planning process to achieve a “turnkey” 0.5-acre Public Park in the western portion of the City. 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 the Development Services Fund as a result of this action. Page 275 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 3 ONGOING FISCAL IMPACT A one-time maintenance fee of $309,167 has been negotiated and will be paid by the Developer to the City and deposited to a Special Revenue Fund at the time that the City accepts the turnkey public park. This fee will support ongoing maintenance of the Park and is anticipated to be sufficient to fund such activities for the first 20 years of the park’s operations. Upon exhaustion of these funds, operation and maintenance of the park will be absorbed by the City. Parkland in-lieu fees of $565,880.36 paid by the Developer will be deposited to the Parkland Acquisition and Development (“PAD”) Fee Fund and available to construct qualifying park projects. ATTACHMENTS 1. Agreement for the Construction of a Public Park for the Chula Vista Center Residential Development Project Staff Contact: Laura C. Black, AICP, Director of Development Services Page 276 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING A PARK AGREEMENT BETWEEN THE CITY AND CWC BROADWAY CV 256, LLC, TO DESIGN AND CONSTRUCT A 0.5-ACRE PUBLIC PARK ASSOCIATED WITH THE CHULA VISTA CENTER RESIDENTIAL DEVELOPMENT PROJECT WHEREAS, Tentative Map (TM22-0001) was approved by the City of Chula Vista Planning Commission on January 25, 2023, Resolution No. 2023-03, to subdivide a 15.54-acre site located at the southeast corner of H Street and 5th Avenue, immediately adjacent to the Chula Vista Center mall (“Sears Site”) into three parcels: one 13.3 acre parcel for residential townhomes, one 1.74 acre commercial parcel, and a 0.5 acre parcel for a public park; and WHEREAS, CWC Broadway CV 256, LLC (“Developer”) intends to develop the 13.3 acre parcel for the construction 244 market-rate, for-sale, attached townhomes (“Project”) and the 0.5-acre parcel for a public park; and WHEREAS, the Developer is required to comply with the City's Parklands and Public Facilities Ordinance, Chula Vista Municipal Code ("CVMC") Chapter 17.10 ("PLDO”); and WHEREAS, the Project is required to provide 1.91 acres of developed parkland, based upon the persons per household factor established by the PLDO of 2.61 persons per attached multifamily dwelling unit and 3.0 acres of park per 1,000 residents; and WHEREAS, the City, by entering into this park agreement, finds that, due to the unique, urban nature of the Project and its proximity to the Chula Vista Center mall, Developer cannot provide suitable land to satisfy the entire 1.91-acre parkland requirement solely through the onsite dedication of parkland; and WHEREAS, Developer will satisfy a portion of its park requirements by providing a 0.5- acre onsite public park; and WHEREAS, Developer will further satisfy its park requirements by providing the equivalent of 1.0 acre of Parkland Acquisition Fees and Parkland Development Fees under the PLDO in enhanced amenities for the onsite public park, pursuant to the terms and conditions of this park agreement; and WHEREAS, the Developer’s remaining 0.41-acre obligation will be met pursuant to the payment of the in-lieu Parkland Acquisition Fees and Parkland Development Fees; and WHEREAS, this park agreement does not increase or decrease any park obligation but instead clarifies responsibility of the Project for the delivery of a developed onsite park by Page 277 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda addressing the public park design, construction, bonding, reimbursements, and the level of amenities to be provided; and WHEREAS, upon the City’s acceptance of the completed 0.5-acre onsite park, and in addition to other Developer costs and obligations, the Developer shall pay the City a fixed amount of $309,167 to fund the maintenance of the onsite park. The funds shall be deposited into a Special Revenue Fund for such purposes; and WHEREAS, the Director of Development Services has reviewed the proposed agreement 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 California Environmental Quality Act (“CEQA”) State Guidelines; therefore, pursuant to State Guidelines Section 15060(c)(3) no environmental review is required. Alternatively, if the park agreement is considered a Project under CEQA, then the agreement was adequately covered and addressed under CEQA in the approved January 2023 Addendum to the previously adopted Final Environmental Impact Report for the Urban Core Specific Plan (FEIR06-01; SCH#2005081121; and certified by Resolution No. 2007-097 on April 26, 2007); and WHEREAS, after review and consideration of the Staff Report and related materials , and the Staff recommendation for approval for this Agreement, the matter was considered at the time and place as advertised in the Council Chambers, 276 Fourth Avenue, before the City Council. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista that it hereby approves the Agreement for the Construction of a Public Park for the Chula Vista Center Residential Development Project, which Agreement is included as Attachment 1 to the Staff Report on this matter, between the City and Developer for the design and construction of the 0.5-acre onsite public park 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 City Manager to execute same. 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 278 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -1- Recording Requested By and When Recorded Mail To: City Clerk City of Chula Vista 276 Fourth Avenue Chula Vista, California 91910 EXEMPT FROM RECORDER'S FEES Pursuant to Government Code '6103 (ABOVE SPACE FOR RECORDER'S USE ONLY) AGREEMENT FOR THE CONSTRUCTION OF A PUBLIC PARK FOR THE CHULA VISTA CENTER RESIDENTIAL DEVELOPMENT PROJECT This Agreement for the Construction of a Public Park (the “Agreement”) is made as of February 13, 2024, by and between the CITY OF CHULA VISTA, a California municipal corporation and charter city (“City”) and CWC BROADWAY CV 256, LLC, a Delaware limited liability company (“Developer”) with reference to the following facts: I. RECITALS: WHEREAS, Tentative Map (TM22-0001) was approved by the City of Chula Vista Planning Commission on January 25, 2023, Resolution No. 2023-03, to subdivide a 15.54-acre site located at the southeast corner of H Street and 5th Avenue, immediately adjacent to the Chula Vista Center mall (“Sears Site”) into three parcels: one parcel for residential townhomes, one commercial parcel, and a 0.5 acre parcel for a public park. WHEREAS, the Developer intends to develop the 13.3-acre parcel (“Site”) within the Sears Site and will construct 244 market-rate attached townhomes and a 0.5-acre public park (the “Project”) on the Site. The legal description of the Site, which is the subject of this Agreement, is described in Exhibit A-1 and shown in Exhibit A-2 attached hereto WHEREAS, the Developer is required to comply with the City's Parklands and Public Facilities Ordinance, Chula Vista Municipal Code ("CVMC") Chapter 17.10 ("PLDO”), as amended. WHEREAS, the PLDO requires development projects to provide land and improvements for parks and recreational facilities, allows for a credit against the payment of fees or dedication of land if the developer provides the park and recreational improvements, and permits the City to require a combination of dedication and payment of in-lieu fees if the City determines that the combination would better serve the public. Page 279 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -2- WHEREAS, the Project is required to provide 1.91 acres of developed parkland, based upon the persons per household factor established by the PLDO of 2.61 persons per attached multifamily dwelling unit and 3.0 acres of park per 1,000 residents. WHEREAS, the City, by entering into this Agreement, finds that, due to the unique, urban, high-density nature of the Project and its proximity to the Chula Vista Center mall, Developer cannot provide suitable land to satisfy the entire 1.91-acre parkland requirement solely through the dedication of parkland; WHEREAS, the City further finds that, as a result of the urban, high-density nature of the Project, public interest and the park and recreation needs of the Project’s future residents would be better served through a combination of parkland dedication, parkland development improvements, and in-lieu fees. WHEREAS, Developer will satisfy a portion of its park requirements by providing 0.5- acre of usable onsite park as shown conceptually on Exhibit B in “Turnkey” condition (“Project Park”), pursuant to the terms and conditions of this Agreement. WHEREAS, Developer will further satisfy its park requirements by providing the equivalent of 1.0 acre of Parkland Acquisition Fees and Parkland Development Fees in enhanced amenities for the Project Park, pursuant to the terms and conditions of this Agreement. WHEREAS, the Developer’s remaining 0.41-acre obligation will be met pursuant to the payment of the in-lieu Parkland Acquisition Fees and Parkland Development Fees. WHEREAS, this Agreement for the development (including design and construction) and the endowment for the long-term maintenance of the Public Park, pursuant to this Agreement, will fully satisfy conditions of approval related to Project’s PLDO obligations, including conditions 7, 61, and 62 of Planning Commission Resolution No. 2023-03. WHEREAS, this Agreement does not increase or decrease any park obligation but instead clarifies responsibility for the delivery of a developed park by addressing the Project Park design, Park construction, bonding, reimbursements, and the level of amenities to be provided. NOW, THEREFORE, in consideration of the mutual covenants herein contained, the parties agree as follows: II. DEFINITIONS In addition to terms defined in the Recitals, the following terms shall have the indicated definitions throughout this Agreement: a. “Bid Documents” means the documents prepared by the Developer that describes the elements associated with the construction of the Project Park and become the basis of the construction contract pursuant to CVMC Chapter 2.56. Page 280 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -3- b. “Commence Construction” means a construction permit or other such approval necessary to commence construction has been issued by the City and construction staging has begun. c. “Completion of Construction” means that the Project Park has been completed to the reasonable satisfaction of the City's Director of Public Works and Director of Development Services, or their designee, exclusive of the Maintenance Establishment Period. d. “Construction Costs” means the costs of constructing the Project Park, including: design costs; labor and materials; project management, administration and supervision; and maintenance costs during any required establishment and warranty period. e. “CVMC” means the Chula Vista Municipal Code. f. “Developer” has the meaning given to such term in the preamble. g. “Enhanced Amenities” means the park improvements that are included in the Public Park that are equal in value to the Enhanced Amenity Equivalency defined below. h. “Enhanced Amenity Equivalency” means the dollar value of the equivalent of 1.0 acre of Parkland Acquisition Fees and Parkland Development Fees at the fee rate in effect as of the issuance of the first building permit. For purposes of reference only, Exhibit C includes the fee rates that are in effect at the execution of this Agreement. i. “Maintenance Establishment Period” means the period of time between Completion of Construction and the City’s acceptance of the completed Project Park in which the contractor is responsible for maintaining the park to ensure that the plant material is fully established before its opened for public use, and that other Park Improvements such as irrigation systems, electrical systems, and park equipment or facilities that are fully operational and functional. The duration of this period and maintenance operations will be specified in the contract documents for the Project Park, subject to reasonable adjustments as determined by the City's Director of Development Services, or their designee, in their sole discretion. j. “Project Park” means the usable 0.5-acre public park, including the Enhanced Amenities, to be constructed on site by the Developer as conceptually shown on Exhibit B. k. “Park Budget” means the Construction Costs for the Project Park that is equal to the dollar value of 0.5 acres of the Parkland Development Fee and the Enhanced Amenity Equivalency. Page 281 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -4- l. “Park Credit” means the Parkland Acquisition and Development (“PAD”) credits granted to the Developer by the City in satisfaction of the Project meeting its PLDO obligations. m. “Park Improvements” means the improvements per the City-approved construction documents for the Project Park. n. “Park Master Plan” means the Master Plan for the Project Park, as defined in the Chula Vista Landscape Manual (Part 3 – Public City Requirements, Section 1 – Submittals). o. “Parkland Acquisition Fees” means the acquisition portion of the Parkland Acquisition and Development fees due pursuant to CVMC 17.10 and as set forth in the City’s Master Fee Schedule. p. “Parkland Development Fees” means the park development portion of the Parkland Acquisition and Development Fees, at the rate in effect at the first building permit issuance as set forth in the City’s Master Fee Schedule. For purposes of reference only, Exhibit C includes the fee rates that are in effect at the execution of this Agreement. q. “Turnkey” means designed and constructed by the Developer consistent with the provisions of the Chula Vista Landscape Manual, Park Master Plan, and related City specifications and policies in effect on the date of this Agreement, as determined by the Director of Development Services, or their designee. r. “Useable acres” means an area of land that is free and clear of encumbrances such as easements, utilities, and non-park related improvements, unless approved by the City in its sole discretion. Slope areas within the park boundaries greater than 4:1 (25%) are ineligible for park credit. III. TURNKEY PARK 3.1. Turnkey Park Development. Developer will satisfy 1.5 acres of the Parkland Acquisition and Development requirements of the PLDO by constructing the Project Park equal to the amount of the Park Budget in “Turnkey” condition, pursuant to the terms and conditions of this Agreement. 3.1.1 Park Design and Approval of Construction Documents. Developer shall use the City's customary procedures to design and obtain the City’s reasonable approval for the design of the Project Park. The Project Park shall be designed consistent with the applicable requirements of an approved Park Master Plan, the City's Landscape Manual and the City’s Parks and Recreation Master Plan. The Park Master Plan once completed, shall be presented to the Parks & Recreation Commission, and must be approved City Council. 3.1.2. Processing Park Master Plan. The Parties agree to diligently process the Park Master Plan in accordance with the requirements of the Chula Vista Landscape Manual (Part 3 – Public City Requirements, Section 1 – Submittals), including the following: Page 282 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -5- (a) Developer shall enter into an agreement with a landscape architect to design a Park Master Plan and to prepare the construction documents for the Project Park. (b) City and Developer shall hold a scoping meeting at the beginning of the design process for the Project Park to confirm the design intent and to identify applicable City requirements prior to initiating design work. (c) Prior to presentation to the Parks and Recreation Committee, the Developer shall hold two public meetings, noticed in accordance with City Policy 400-02, to receive community input on the Park Master Plan for the Project Park. The City agrees to administer and facilitate the two meetings and to use reasonable due diligence to complete the process in a timely fashion so as not to delay the Commencement of Construction of the Project Park. 3.1.3 Coordination. City and Developer acknowledge the need for close coordination during the design phase to ensure the Park Master Plan reflects the intent of the City's Parks and Recreation Master Plan, the Parks and Recreation Element of the City’s General Plan, and other applicable City requirements. City and Developer also acknowledge that refinement to the process may be appropriate over the term of this Agreement to improve the design, review, delivery, and ongoing operation of the Project Park. The Parties agree to use its best efforts to cooperate should such refinements be required. 3.1.4 Construction/Timing of Park. Developer shall construct the Project Park, including the Park improvements, in accordance with the Project Budget and the approved Park Master Plan, in “Turnkey” condition, pursuant to the terms and conditions of this Agreement. a. The Parties acknowledge that the Developer may make reasonable modifications to the conceptual design plan, attached hereto as Exhibit B, subject to the City’s reasonable approval, and provided the features of the proposed design concepts are included. b. Developer shall start the concept design for the Project Park no later than the issuance of the building permit containing the 50th residential unit. c. Developer shall commence construction once the City has approved the Bid Documents and Park Budget and shall complete construction of the Project Park with final inspections and acceptance by the City’s Director of Public Works and Director of Development Services, or their designee, no later than the issuance of the building permit for the building or unit containing the 192nd residential unit for the Project (the point when 100% of the Parkland Acquisition and Development fees attributed to the Park Budget would have been collected). The Developer shall pursue such construction diligently to completion and in accordance with the timeframes, subject to force majeure, and as set forth in the Bid Documents, which Page 283 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -6- shall be reviewed and approved in writing by the City’s Director of Development Services, or their designee. d. For purposes of 3.1.4 of this Agreement, “force majeure” shall mean an event beyond Developer’s reasonable control, including, without limitation, strikes or other labor difficulties, earthquake or other natural disaster, epidemic or pandemic (including COVID-19 and residual effects thereof), or emergency governmental actions, unavailability or scarcity of materials or labor, war, riot, civil insurrection, accidents, material adverse weather conditions and acts of God, or delays in the issuance of any governmental approvals or authorizations from government agencies necessary to proceed with construction (provided that Developer has timely and properly filed all applications, submitted all required documents and fees and taken all other actions necessary to obtain such governmental approvals or authorizations). Performance by Developer shall not be deemed to be in default where delays or defaults are due to a force majeure event. Any extension of time to perform or cure shall be for the period of the delay and shall commence to run from the time of commencement of the cause; provided, however, that if notice by the party claiming such extension is sent to the other party more than 60 days after the commencement of the cause, the period shall commence to run only upon the giving of such notice. 3.2. Park Budget. 3.2.1 Establishment of Budget. The Park Budget shall equal the dollar value of the Parkland Development Fee portion for 0.5 acres plus the amount of the Enhanced Amenity Equivalency. For purposes of reference only, Exhibit C includes the fee rates that are in effect at the execution of this Agreement. 3.2.2 Overruns. Prior to the commencement of construction, if the Developer determines that actual Construction Costs may exceed the Park Budget, then the Developer may propose to pay the additional actual Construction Costs or modify the Park Master Plan to reduce costs consistent with the estimated Construction Costs, subject to the approval of the Director of Development Services, or their designee. Upon discovery of any cost overruns, including but not limited to initial construction bids, change orders, etc.), after construction of the Project Park has commenced, the parties shall meet and confer in good faith to eliminate or reduce such cost overrun, through value engineering or by other means such as adjusting the various elements (amenities) of the park to stay within the Park Budget. Notwithstanding the foregoing, the Developer may expend additional funds on the development of the Project Park, at its sole and absolute discretion. 3.3. Maintenance Costs: Upon the City’s acceptance of the completed Project Park as discussed in Section 3.1.4.c above, the Developer shall pay the City a fixed amount of $309,167 to fund the perpetual maintenance of the Project Park, which has been added to the cost of the improvements as set forth in the Park Budget, notwithstanding however, such costs will not be counted towards the amount of the improvements that will be provided by the Developer as set forth in paragraph Page 284 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -7- 3.2.1 above . 3.4. Documentation of Costs. Developer shall, within sixty (60) days of Completion of Construction of the Project Park, provide City, for its review and approval, all documentation City reasonably requires to evidence the completion and costs of the Project Park. Developer shall, within sixty (60) days of completion of the Maintenance Establishment Period, provide the City, for its review and approval, all documentation City reasonably requires to evidence the satisfactory completion of the Maintenance Establishment Period. 3.5. Security: Upon the commencement of construction of the Project Park, the Developer shall post security, including one or more bonds in accordance with the CVMC, for the construction of the Project Park. City may use that security to complete construction of such Park should Developer fail to meet its obligations to do so. City may reduce and release the securities pursuant to City's customary procedures and schedules pro rata upon completion of the Project Park. Bond shall be based on the accepted Bid amount for construction of the park and shall be in place prior to commencement of construction of the Project Park. 3.6. Bidding and Public Works Project: When constructing, or entering into any contract relating to the design or construction of a Project Park, a Park Improvement or any other park or recreational improvements required by this Agreement, Developer shall comply with City Charter Section 1009, CVMC Chapter 2.56.160 (H), the City's policies and procedures governing bidding for public works projects, and all other applicable local, state and federal requirements in effect at the time the bidding and contracting for, or construction of, the improvements takes place. Developer shall solely determine whether the Project Park is a public work subject the State’s prevailing wage laws (California Labor Code Sections 1720 et seq. and 1770 et seq., as well as Title 8, Section 16000 et seq. of the California Code of Regulations) (“Prevailing Wage Laws”) If the California Department of Industrial Relations, or any other applicable governing body, court, or board, determines that the Project Park is a public work subject to the Prevailing Wage Laws, then Developer and all of its contractors, subcontractors, and vendors shall fully comply with such Prevailing Wage Laws and shall cause all applicable work performed in connection with the Public Park to be performed as a “public work.” Developer shall be solely responsible to determine what parts of the Public Park is subject to the Prevailing Wage Laws, including but not limited to construction, alteration, demolition, installation and repair work, and work performed during the design, site assessment, feasibility study, and other preconstruction phases of construction, including inspection and land surveying work, and work performed during the postconstruction phases of construction, including all cleanup work at the jobsite. (See Lab. Code, §1720, subds. (a)(1), (a)(3), and (b)(4). If the Project Park is deemed a public work, Developer and all of its contractors, subcontractors, and vendors shall pay all workers on applicable Public Park work performed pursuant to this Agreement not less than the general prevailing rate of per diem wages and the general prevailing rate for holiday and overtime work as determined by the Director of the Department of Industrial Relations, State of California, for the type of work performed and the locality in which the work is to be performed, pursuant to sections 1770 et seq. of the California Labor Code. The general prevailing rates of per diem wages for each craft, classification, or type of worker needed to implement this Agreement, as determined by the Department of Industrial Relations are available at http://www.dir.ca.gov Developer shall also be solely responsible for any Page 285 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -8- and all violations and fines imposed pursuant to the Prevailing Wage Laws. Developer shall defend, indemnify, and hold each the City and its representatives, officials, employees, staff, and agents free and harmless from any claims, liabilities, costs, penalties, or interest arising out of any failure by Developer or any of its contractors, subcontractors, or vendors to comply with the Prevailing Wage Laws. It shall be mandatory upon Developer or any of its contractors, subcontractors, or vendors to comply with all applicable California Labor Code provisions, which include but are not limited to prevailing wages, employment of apprentices, hours of labor, debarment of contractors and subcontractors, and payroll records regarding the Public Park work. Pursuant to Labor Code Sections 1725.5 and 1771.1, and if the Public Park work is a public work under the Prevailing Wage Laws, then Developer or any of its contractors, subcontractors, or vendors performing applicable work on the Public Park that are subject to the Prevailing Wage Laws must be registered with the Department of Industrial Relations. Developer or any of its contractors, subcontractors, or vendors shall maintain registration for the duration of the work on the Public Park. All or part of the Improvements may be subject to compliance monitoring and enforcement by the Department of Industrial Relations. Developer shall post applicable job site notices, as prescribed by the Prevailing Wage Laws. Without limiting the foregoing, Developer, as applicable, shall comply with all requirements of Labor Code 1771.4, including the registration and compliance monitoring provisions and furnishing its certified payroll records to the Labor Commissioner of California, and shall comply with any applicable enforcement by the Department of Industrial Relations. It shall be Tenant’s sole responsibility to comply with all applicable registration and labor compliance requirements. IV. DEDICATION OF LAND 4.1. Granting IOD: The Developer shall grant on the first Final Map for Tentative Map (TM22- 0001), an Irrevocable Offer of Dedication (“IOD”) to the City for a total of 0.5 usable acres for the Project Park. The final usable acres shall be determined during the final design of the Park Master Plan. Such IOD shall be free and clear of all encumbrances and easements that would prevent use of the Park for public park purposes, subject to the review and approval of the Development Services Director, or their designee. The IOD shall be accepted by the City Clerk via separate instrument after completion of Park construction prior City’s acceptance of the completed Project Park. V. PARK DEVELOPMENT FEES 5.1. Additional Fees. In satisfaction of the remaining 0.41-acre PLDO obligation, the Developer shall pay Parkland Acquisition and Development Fees upon the issuance of the building permit containing the 193rd residential unit and for each unit, thereafter, based on the rate set forth in the City’s Master Fee Schedule at the time the construction contract for the Project Park has been executed by the Developer. Until the construction contract for the Project Park has been executed by the Developer, the Developer understands that the fees set forth in the Master Fee Schedule are subject to annual indexing increases every October. Page 286 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -9- VI. CHANGES 6.1. Changes. City reserves its right to amend the PLDO (CVMC 17.10, et. seq) and the Parks Master Plan, subject to state and federal law. The Parties agree that, should any changes in state or federal law result in one or more provisions of this Agreement no longer being enforceable, the Parties shall meet and confer regarding amending the Agreement accordingly. The applicable required CVMC 17.10 fee obligations and values are subject to annual indexing every October 1st. VII. SATISFYING PLDO. 7.1. PLDO. Developer shall fully satisfy the land dedication requirements of the PLDO for the Project by providing the City with an IOD for the Project Park as described in paragraph 3.2 of this Agreement. Developer shall fully satisfy the park development requirements of the PLDO for the Project by providing the Turnkey Park and by paying in-lieu fees as provided in paragraph 5.1 herein. 7.2. Park Credits. Upon the City’s approval of the Park Budget, the Developer shall receive Park Credits equal to 100% of the Project’s PLDO obligation for the first 192 residential units of the Project relating to the usable 1.5 acres of the Parkland Acquisition and Development requirements of the PLDO discussed in Section 3.1 of this Agreement above. 7.3. Payment of additional amounts. After Completion of Construction of the Project Park, should the Construction Costs be less than the amount of the Park Budget and the associated Park Credits that have been applied to building permits issued for Project as set forth in paragraph 7.2, the amount of the deficit shall be applied to the PLDO obligation set forth in paragraph 5.1 above and paid on a prorated basis with the issuance of each building permit. 7.4 Map Conditions. This Agreement for the development (including design and construction) and the one-time payment for the long-term maintenance of the park, will fully satisfy conditions of approval related to the Project’s related park obligations, including conditions 7, 61, and 62 of Planning Commission Resolution No. 2023-03. VIII. CITY ACTION 8.1. If the City Council finds that the proposed design of the Project Park is inconsistent with the Urban Core Specific Plan, Developer shall have the opportunity to re-design the Project Park and submit the revised design for the City Council's consideration. IX. MISCELLANEOUS PROVISIONS 9.1 Notices. All notices and demands given pursuant to this Agreement shall be written. They shall be deemed served (i) immediately, upon personal delivery; (ii) the next business day, if sent prepaid by recognized overnight service such as FedEx for delivery the next business day; or (iii) three (3) business days after deposit in the United States mail, certified or registered mail, return receipt requested, first-class postage prepaid. Until notice of a change of address is properly given, notice shall be given: Page 287 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -10- If to City: City of Chula Vista Attn: City Manager 276 Fourth Avenue Chula Vista, California 91910 With a copy to: Office of the City Attorney Attn: City Attorney 276 Fourth Avenue Chula Vista, California 91910 If to Developer: CWC BROADWAY CV 256 LLC Attn: Matt Thorne 5927 Priestly Drive, Suite 110 Carlsbad, CA 92009 9.2 Captions. Captions in this Agreement are inserted for convenience of reference. They do not define, describe, or limit any term of this Agreement. 9.3 Entire Agreement. This Agreement embodies the entire agreement and understanding between the parties regarding the subject matter hereof. No prior or contemporaneous oral or written representations, agreements, understandings and/or statements regarding its subject matter shall have any force or effect. This Agreement is not intended to supersede or amend any other agreement between the parties unless expressly noted. However, all previous written agreements, such as supplemental subdivision improvement agreements, by and between the parties relating to park obligations, as well as City's Parks and Recreation Master Plan and Landscape Manual, remain in full force and effect except to the extent they conflict with this Agreement. 9.4 Scope. This Agreement applies only to the Developer Property; it shall not relieve developers other than the Developer (and its subsidiary entities, merchant builders and other buyers of portions of the Developer Property) from any responsibility to meet park development obligations per CVMC 17.10. 9.5 Contents of Agreement. All recitals set forth above and all exhibits attached hereto are part of this Agreement. 9.6 Severability. If any provision of this Agreement or its particular application is held invalid or unenforceable, the remaining provisions of this Agreement, and their application, shall remain in full force and effect, unless a party's consideration materially fails as a result. 9.7 Recordation. The City may record this Amendment in the Office of the County Recorder of San Diego County, California. Page 288 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -11- 9.8 Preparation of Agreement. No inference, assumption or presumption shall be drawn from the fact that a party or its attorney drafted this Agreement. It shall be conclusively presumed that all parties participated equally in drafting this Agreement. 9.9 Authority. Each party warrants and represents that it has legal authority and capacity to enter into this Agreement, and that it has taken all necessary action to authorize its entry into this Agreement. Each individual signing this Agreement on behalf of an entity warrants that his/her principal has duly authorized him/her to sign this Agreement on its behalf so as to bind his/her principal. 9.10 Modification and Binding Effect. This Agreement may not be modified, terminated, or rescinded, in whole or in part, except by written instrument duly executed and acknowledged by the parties hereto, their successors or assigns. Further, this Agreement shall be binding on Developer and its successors and assigns. 9.11 Term. Unless terminated earlier in accordance with this Agreement, this Agreement shall remain in effect until, but shall automatically terminate upon the City’s acceptance of the IOD for the Project Park and payment of PAD fees; provided, however, that the provisions of Section 8.15 (Indemnification) shall survive termination of this Agreement. 9.12 Governing Law and 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 the federal or state courts located in San Diego County, State of California, and if applicable, the City of Chula Vista, or as close thereto as possible. Venue for this Agreement, and performance hereunder, shall be the City of Chula Vista. 9.13 Administrative Claims Requirements and Procedures. No suit or arbitration shall be brought arising out of this Agreement against the City unless a claim has first been presented in writing and filed with the City and acted upon by the City in accordance with the procedures set forth in Chapter 1.34 of the CVMC, as same may from time to time be amended (the provisions of which are incorporated by this reference as if fully set forth herein), and such policies and procedures used by City in the implementation of same. 9.14 Indemnification. Developer shall timely indemnify, protect, reimburse, and hold the City, its officers, employees, agents and independent contractors, free and harmless from any liability, costs, injury, including death, or damage of any kind or nature, relating to, arising out of, or alleged to be the result of the acts, omissions, negligence or willful misconduct of Developer or Developer's employees, subcontractors or other persons, agencies or firms for whom Developer is legally responsible, (collectively, “Developer”), relating to or arising from Developer's activities contemplated under this Agreement, excepting only those claims for damages arising from the judicially determined active negligence or willful misconduct of the City. Developer shall defend, at its own expense with counsel approved in writing by the City, including attorneys' fees, the City, its officers, agents, employees, and independent contractors in any legal action based upon such alleged acts or omissions of Developer. The City may, in its discretion, participate in the defense Page 289 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -12- of any such legal claim, action or proceeding at its own expense with the understanding that Developer's attorneys shall be lead counsel and City's attorneys shall, to the maximum extent feasible, cooperate with Developer's attorneys. 9.15 Insurance. Developer agrees that Developer, landscape architects and contractors hired by Developer to complete a Turnkey Park shall have the following insurance: 9.15.1. Minimum Scope and Limit of Insurance. a. Commercial General Liability (CGL): Insurance Services Office (ISO) Form CG 00 01 12 07 covering CGL on an “occurrence” basis, including products- completed operations, personal & advertising injury, with limits no less than $2,000,000 per occurrence. If a general aggregate limit applies, either the general aggregate limit shall apply separately to this project/location or the general aggregate limit shall be twice the required occurrence limit. b. Automobile Liability: ISO Form Number CA 00 01 covering any auto (Code 1), or if Contractor has no owned autos, hired, (Code 8) and non-owned autos (Code 9), with limit no less than $1,000,000 per accident for bodily injury and property damage. c. Workers’ Compensation: as required by the State of California, with Statutory Limits, and Employer’s Liability Insurance with limit of no less than $1,000,000 per accident for bodily injury or disease. d. Professional Liability (Errors and Omissions): Insurance appropriates to the Contractor’s profession, with limit no less than $1,000,000 per occurrence or claim, $2,000,000 aggregate. 9.15.2. Proof of Insurance Coverage. Developer shall demonstrate proof of coverage herein required, prior to the commencement of services required under this Agreement, by delivery of Certificates of Insurance/Policy Endorsements demonstrating same, and further indicating that the policies may not be canceled without at least thirty (30) calendar days written notice to the Additional Insured. However, failure to obtain the required documents prior to the work beginning shall not waive the Developer’s obligation to provide them. The City reserves the right to require complete, certified copies of all required insurance policies, including endorsements required by these specifications, at any time. 9.15.3 Additional Insured Status. The City, its officers, officials, employees, and volunteers are to be covered as additional insureds on the CGL policy with respect to liability arising out of work or operations performed by or on behalf of the Contractor including materials, parts, or equipment furnished in connection with such work or operations. General liability coverage can be provided in the form of an endorsement to the Contractor’s insurance at least as broad as ISO Form CG 20 10 11 85 or if not available, through the addition of both CG 20 10 and CG 20 37 if a later edition is used). Specifically, Page 290 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -13- endorsement must not exclude Products/Completed Operations. 9.15.4. Primary Coverage. For any claims related to this contract, the Developer’s insurance coverage shall be primary insurance as respects the City, its officers, officials, employees, and volunteers. Any insurance or self-insurance maintained by the City, its officers, officials, employees, or volunteers shall be excess of the Developer’s insurance and shall not contribute with it. 9.15.5 Notice of Cancellation. Each insurance policy required above shall provide that coverage shall not be canceled, except with notice to the City. 9.15.6 . Waiver of Subrogation. Developer hereby grants to City a waiver of any right to subrogation which any insurer of said Developer or Contractor may acquire against the City by virtue of the payment of any loss under such insurance. Developer agrees to obtain any endorsement that may be necessary to affect this waiver of subrogation, but this provision applies regardless of whether or not the City has received a waiver of subrogation endorsement from the insurer. 9.15.7. Deductibles and Self-Insured Retentions. Any deductibles or self-insured retentions must be declared to and approved by the City. The City may require the Developer to purchase coverage with a lower deductible or retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. 9.15.8 Acceptability of Insurers. Insurance is to be placed with insurers with a current A.M. Best’s rating of no less than A:VII, unless otherwise acceptable to the City. 9.15.9. Claims Made Policies. If any of the required policies provide claims-made coverage: i.The Retroactive Date must be shown and must be before the date of the contract or the beginning of contract work. ii.Insurance must be maintained and evidence of insurance must be provided for at least five (5) years after completion of the contract of work. iii.If coverage is canceled or non-renewed, and not replaced with another claims-made policy form with a Retroactive Date prior to the contract effective date, the Developer must purchase “extended reporting” coverage for a minimum of five (5) years after completion of work. 9.15.10 Special Risks or Circumstances. Entity reserves the right to modify these requirements, including limits, based on the nature of the risk, prior experience, insurer, coverage, or other special circumstances. Page 291 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda -14- 9.16 Non-liability of City Officials and Employees. No member, official, employee or consultant of the City shall be personally liable to Developer or its successor-in-interest in the event of any default or breach by City, or for any amount which may become due to Developer or to its successor-in-interest, or on any obligations under the terms of this Agreement. 9.17 Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be the original and all of which shall constitute one and the same document. 9.18 Remedies. Notwithstanding Section 3.3.3 herein, the City shall retain the right to any and all remedies in law or equity, including the right to withhold the issuance of building permits should Developer not have begun design for the Park prior to the issuance of the building permit containing the 50th residential unit. [End of page. Signature page follows this page.] Page 292 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda IN WITNESS WHEREOF, this Agreement is executed by the City of Chula Vista acting by and through its City Manager pursuant to Resolution No. _________, authorizing such execution, and by Developer as of the day and year first set forth above. CITY CITY OF CHULA VISTA, a California charter city and municipal corporation By: ___________________________ Maria Kachadoorian, City Manager APPROVED AS TO FORM: By: ___________________________ Jill D. S. Maland Lounsbery Ferguson Altona & Peak, LLP Acting City Attorney DEVELOPER CWC BROADWAY CV 256, LLC, a Delaware limited liability company By: CWC Broad 256 MGMT LP, a California limited partnership, its Managing Member By: CW PROJ MGMT LLC, a California limited liability company, its General Partner By:_________________________________ Name: Matthew Thorne Title: COO Page 293 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Exhibit A-1 A PORTION OF PARCEL4 OF PARCEL MAP 16411, IN THE CITY OF CHULA VISTA, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, FEBRUARY 28, 1991, DESCRIBED AS FOLLOWS; SITE: ALL OF PARCEL 4 OF SAID PARCEL MAP 16411, EXCEPT THE NORTHERLY 160.09 FEET, AS MEASURED PERPENDICULAR TO "H" STREET. (13.1 ACRES, MORE OR LESS) PARK PROJECT: THAT PORTION OF PARCEL 4 OF PARCEL MAP 16411, DESCRIBED AS FOLLOWS; THE WESTERLY 175.81 FEET OF THE SOUTHERLY 123.88 FEET, AS MEASURED PERPENDICULAR TO "I" STREET. (0.5 ACRES, MORE OR LESS) Page 294 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Exhibit A-2 Page 295 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Exhibit B Park Conceptual Plan Page 296 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Exhibit C Reference Only – fees in place at the time of agreement execution Chula Vista Center Redevelopment Project - 565 Broadway Project Units 244 Park Ratio (MF) 1 acre per 128 Units Project Park Requirement 1.91 acres Acquisition Fee per Acre $474,443.00 Development Fee per Acre $905,753.00 Project Approach Acres On-Site: Park Dev Budget Off-Site: In-Lieu Fees On-Site: Acquisition 0.5 N/A N/A On-Site: Development 0.5 $452,876.50 N/A On-Site: Enhancement: Acquisition 1 $474,443.00 N/A On-Site: Enhancement: Development 1 $905,753.00 N/A Off-Site: Acquisition 0.41 $194,521.63 Off-Site: Development 0.41 $371,358.73 Total 1.91 $1,833,072.50 $565,880.36 *One time Maintenance fee $309,167.00 (not subject to PLDO escalation) Page 297 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Public Comments Curry From: alan mil Sent: Tuesday, January 30, 2024 7:58 AM To: Subject: Re: 1/30 BoS EMERGENCY AGENDA NEW WARNING - This email originated from outside the City of Chula Vista. Do not click any links and do not open attachments unless you can confirm the sender. PLEASE REPORT SUSPICIOUS EMAILS BY USING THE PHISH ALERT REPORT BUTTON or to reportphishing@chulavistaca.gov COPY TO NEWS MAYORS SANDAG STATE REPS SD COUNTY DA SD COUNTY SUPERVISORS EVERY CITY COUNCIL IN SD COUNTY BCC TO VOTERS FED UP HOMELESS ENCROACHMENT @ALL CITY CLERKS - SANDAG CLERK - COUNTY CLERK - Please enter entire Email with JPGs under Public Comment Agenda for Public Record. For Every City Council Next Meeting, SANDAG Board Directors Next Meeting and Supervisor Board Supervisors Meetings of Tues and Wed. Good Morning, Tell SD County and EVERY CITY deal with the homeless trash clogging street drains before the next storm! WHY DID SAN DIEGO CLOSE 550 BED SHELTER AND SELLING TO RICH DEVELOPERS? GOLDEN HALL HAS TEMPORARY REOPENED LAST WEEK MAKE IT PERMANENT SHELTER! https://www.sandiegouniontribune.com/news/homelessness/story/2023-02-28/golden-hall- shelter-to-closes-homeless-people-to-be-relocated Page 298 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Public Comments Curry MY DAILY READ QUOTED AMY REICHERT THE REAL ISSUE CLOGGED STREET DRAINS https://www.americanthinker.com/blog/2024/01/garbage_from_homeless_population_clog s_storm_drains_floods_san_diego_county_homes.html Urgent Reality Check. The undeniable link between our homelessness crisis & floods in San Diego hits hard. Tents, sleeping bags, trash, shopping carts in the canals clogged the drains. The call is crystal clear: MORE shelter beds NOW & strict canal mainte nance enforcement. pic.twitter.com/FKuMEjXBFR — Amy Reichert January 27, 2024 CHULA VISTA SAME ISSUE HOMELESS DUMP $100 STOLEN SHOPPING CARTS IN THE SWEETWATER MARSH WILDLIFE REFUGE NEXT TO NATIONAL CITY rmorrison@nationalcityca.gov LMolina@nationalcityca.gov jrodriguez@nationalcityca.gov DYamane@nationalcityca.gov mbush@nationalcityca.gov Page 299 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Public Comments Curry jmccann@chulavistaca.gov cchavez@chulavistaca.gov jpreciado@chulavistaca.gov agonzalez@chulavistaca.gov acardenas@chulavistaca.gov HOMELESS REMOVED COME BACK DAYS LATER! Page 300 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Public Comments Curry RAPID SOLUTION CONVERT ABANDONED PROPERTIES INTO HOMELESS BUNK BED SHELTERS HELP 1000S PEOPLE OFF THE STREET Remove Store Shelves Leave Walls For Privacy Allows Monitoring Every Aisle Abandoned Properties Have HVAC And Bathroom More Humane Then Tents Page 301 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Public Comments Curry EVERY CITY ABANDONED COMMERCIAL PROPERTIES COST AFFECTIVE EVERY CITY SEE CORONADO SOLUTION ENFORCE EXISTING LAWS ENCROACH LAW ANY PROPERTY AND PUBLIC INTOXICATION LAW Page 302 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Public Comments Curry -- Alan Curry TO SD COUNTY AND SAN DIEGO CITY CLERKS AND COUNSEL: Andrew.Potter@sdcounty.ca.gov michael.vu@sdcounty.ca.gov cityclerk@sandiego.gov WHY DID SUPERVISOR MONICA MONTGOMERY STEPPE BLOCK ME ON OFFICIAL GOVERNMENT EMAIL? Page 303 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Public Comments Curry On Mon, Jan 29, 2024 at 8:02 PM Paul wrote: Sorry, just got this. My ideas in yellow. Please feel free to use them: COUNTY OF SAN DIEGO BOARD OF SUPERVISORS SPECIAL MEETING AGENDA TUESDAY, JANUARY 30, 2024, 2:00 PM COUNTY ADMINISTRATION CENTER, ROOM 310 1600 PACIFIC HIGHWAY, SAN DIEGO, CALIFORNIA TELECONFERENCE LOCATION: 325 S. MELROSE DRIVE., STE. 5200, VISTA, CA 92083 Order Of Business A. Roll Call B. Statement (just cause) and/or Consideration of a Request to Participate Remotely (emergency circumstances) by a Supervisor, if applicable. C. Discussion Items Page 304 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Public Comments Curry DISCUSSION ITEM 1. COMMUNITY RESPONSE AND RECOVERY; AN URGENCY ORDINANCE OF THE BOARD OF SUPERVISORS OF THE COUNTY OF SAN DIEGO EXERCISING THE COUNTY’S POLICE POWER TO PROHIBIT RESIDENTIAL EVICTIONS WITHOUT JUST CAUSE AND TO ENACT A DELAY ON CERTAIN RESIDENTIAL RENT INCREASES; FEE WAIVERS; CONTRACT AMENDMENTS [FUNDING SOURCE: GENERAL PURPOSE REVENUE] (4 VOTES) It is good that the Supervisors want to get serious about the emergency response and recovery. It is actually about a week late but just in time for the next storm. But the devil's in the details. Community outreach meetings to understand emergency needs is good. But scanning MSN.com might give you free ideas, too! More free advice - Before the next storm, please consider installing some king of mesh or grating over the storm drains and culverts, especially on slopes above houses where it might overflow on them directly. The trash situation, as well as the infrastructure, has been badly neglected. Do we need more 'no littering' signs? Public trash cans? Page 305 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Public Comments Curry You guys want to create a map to be used to determine the exact areas eligible for the fee waivers. based on the data collected during the emergency response effort for the 2024 catastrophic storm event. Should be anyone provably affected, not just people in certain areas. Problems involving underground pipes, shifting soils, or decaying bluffs may not be something you can always pinpoint on a map. Why waive fees for building permits only in the unincorporated areas? If County issues building permits anywhere in the County, the fees should be waived. You want the CAO to report back within 60 days. Nice, although the next major storm is expected in 2 days, but I am confident that our CAO has some good suggestions now. And why limit it to the four phases of emergency management? Not sure how the use of ARPA funds is is COVID-related. You want re-imbursement for ARPA funds they gave you-bit of a laugh. END Page 306 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Joseph A Raso Telephone Honorable Mayor & City Council 02/13/24 After a year of working with City Staff attempting to protect tenants from the financial devastation caused by the “Tenant Protection Ordinance”, I have been awoken to the fact that I am very naive. I come to you this evening sad and totally discouraged for the following reasons. Reason One: I once truly believed our City Council Council would take steps to correct the TPO’s flaws if data supplied by City Staff revealed the financial burden which had placed on backs of our community’s homeless and renters. I was wrong! We have been working for over a year with Chula Vista staff creating a path to relieve the financial burden placed on our community’s renters by the “Tenant Protection Ordinance”. Although Staff supplied data has proved with out a doubt the devastation the TPO has brought upon our community’s Renters and Homeless, I have so far been unable to get our City Council to simply care about the pain and suffering they are inflicting on Chula Vista renters. Page of 1 9 Written Communication Received 2/8/2024 Item: Public Comment Name: Raso Page 307 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Reason Two: Although we have four areas of agreement with City Staff on the main flaws and possible remedy of the TPO, our City Council’s has shown complete lack of interest in bringing relief to the constituents they purport to represent. You have already been presented the four areas where we all can agree: (See italics below) 1)What is causing the most harm to tenants are Clauses in the TPO threatening Landlords and Tenants who have made inadvertent mistakes with $5,000.00 daily fines. Clause 9.65.080C2 (“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.”) and clause 9.65.060E (Reporting Requirements. 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 Administrative Regulations.) Translation: Tenant makes a mistake, Landlord get fined $5,000.00. If staff had no desire to levy fines for inadvertent errors they would have not purposely inserted the five words: “it is not required that…” in clause 9.65.080C2 above. Page of 2 9 Page 308 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2)Landlords of the *36,033 rental units (*Staff supplied data) must raise rents in order impound funds to pay the potential fines of those who have made inadvertent errors. 3)During the entire first year of enforcement, staff has yet to be made aware of a single Landlord or Tenant being subject to a fine which means there are virtually no “Bad Actors” in CV. 4)With so few “Bad Actors”, the financial harm placed on the backs of Tenants could very well exceed the potential benefits received by the “TPO’s” constant threat of $5,000.00 daily fines. Remember: It is the THREAT of a fine, not the fine itself, which forces many Landlords to raise rents. Reason Three: It seems the City Council could not care less that a path has been created to bring Chula Vista’s TPO into State compliance without harming tenants: Realizing there are so few bad actors, as demonstrated in item three above, we have found a way to bring Chula Vista’s “Tenant Protection Ordinance” in compliance with California State mandates without unnecessarily harming renters. (See italics below) Page of 3 9 Page 309 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda The simple task of modifying the verbiage of the TPO in order to reduce a Landlord’s need to drastically raise rents can easily be accomplished with an addition of the following clause: “Notice to cure must first be given before an administrative citation or civil penalty may be issued”. Upon warning, the vast majority of individuals will gladly come into compliance, while the few unscrupulous Tenants and Landlords will attempt to circumvent the law. An added bonus of such a notification procedure is that a warning simplifies the process of identifying and levying fines against “Bad Actors”. I believe our city attorney will confirm that it is possible to warn noncompliant individuals and still be in alignment with California’s new TPO mandates. Reason Four: The City Council is probably unaware that City Staff is not required receive Council’s direction when modifying The TPO’s Administrative Regulations: City Staff is authorized to change rules at will regarding the enforcement of the “Tenant Protection Ordinance without consulting The City Council. Most tenants who voluntarily move away may be unaware they may required to complete forms informing city staff the details of a relocation. See Clause 9.65.060E above. Such an absent of action their part Page of 4 9 Page 310 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda forces landlords to substantially raise rents in preparation of potential $5,000.00 daily fines to follow. Reason Five: City Council has shown a disregard for the welfare of their constituents and appears to have a complete lack of concern that the TPO exasperates our homeless situation. On many occasions Staff as informed City Council of the precarious financial situation of our rental community (See City Staff suppled data in italics below). Over a year ago I warned you the present wording of the “Tenant Protection Ordinance” would require Landlords to drastically raise rents thereby forcing hundreds of people from their homes and out on the streets. We can see a drastic increase in homelessness this year. Although there are many causes for homelessness in our community, most can agree, high rents is a huge contributing factor. I can state unequivocally The Tenant Protection Ordinance is what is forcing this Landlord to raise rents. An Example of Waste: At the 01/23/24 City Council meeting, $400,000.00 was thrown down a rat hole by giving $300,000.00 to encourage Landlords to rent to Homeless and $100,000.00 for dubious Homeless expenses. The goal of securing housing the Homeless would be more easily Page of 5 9 Page 311 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda achieved if you would stop forcing Landlords to raise rents as outlined above. An Example of Council’s complete disregard of their constituents wishes: On 01/23/24 City Council was instrumental in destroying the ambiance of an established residential neighborhood by forcing the installation of a cell tower even though every resident who was aware of Council’s proposal came out in opposition… and even tough a perfectly suited commercial site was available just two blocks away at 3rd Ave & “I” Streets,. Reason Six: I am saddened that Allan Curry takes the time out of his life to research important matters concerning our community to no avail. He presents a valid and valuable point of view to our City Council who couldn’t care less. I feel so sorry for Mr. Curry because he seems to be completely unaware that he is absolutely wasting his time. City Staff Supplied Data Supporting Conclusions: 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) Page of 6 9 Page 312 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 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% = 119,268) 6) Approximate Average Monthly Chula Vista Rent: $3,047.00 (See attached CV Staff provided “Relocation Assistance” Pic below - 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 impound a 1 day fine: 16.41 ($5000.00 divided by $304.70) Page of 7 9 Page 313 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 10) $10,979,255.00: The approximate total monthly maximum rent increase levied on Chula Vista Renters if Landlords are forced to impound funds to the pay daily fines: (36,033 Rental Units multiplied by the 10% max allowed rent adjustment $304.70 = $10,979,255.00 ) 11) 596 Homeless: Approximate number of Homeless created if one half of one percent of Chula Vista renters are forced out of their homes by the rent increases caused by the Tenant Protection Ordinance: (CV Population 283,972 x 42% = 119,268 x .5% = 596) Staff Supplied Relocation Assistance Graph: Page of 8 9 Page 314 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda If you feel I am inaccurate with these conclusions I pray your conscience would compel to call or E-mail so we can find some common ground to solve this problems outlined herein. Although I am not holding my breath. Thank You Joseph A Raso PS: Although I feel supplying information to you at future Council meeting would be a complete waste of time, I still posses a small glimmer of hope I can stir the conscience of at least one Council Member to care. Page of 9 9 Page 315 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Councilwoman Andrea Cardenas December 9,2020 · Last night I was officially sworn into the Chula Vista City Council. We are walking into this office with a vision of transparency, accessible and equitable communication, and accountability. District 4, thank you for entrusting me with this solemn duty. Page 316 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda POLITICS Politics Report: How Big Will the Cardenas Fallout Be? by Scott LewisNovember 4, 2023 Andrea Cardenas speaks at an event in support of South Bay Democratic candidates. / Photo by Adriana Heldiz Page 317 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda ANDREAS ROOMMATE DEVONNA ALMAGRO included on her application and resumé references to a “Bachelor of Arts” and “B.A.” degree from the University of San Diego, even though she did not graduate. Page 318 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Candidate for CV City Council Misleads as ‘Legal Professional’ Leticia Munguia claims she earned a law degree from Cooley Law School in Michigan, but she has not passed the California Bar exam to earn a law license in the state. In California, it is a crime to engage in the unauthorized practice of law, and is also a crime to give legal advice even without compensation. Page 319 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Author:La Prensa Updated:22 December, 2023 Alberto Garcia Investigative Reporter Several local candidates running for the Democratic Party Central Committee on the March 5th election ballot have used misleading job titles The current Chair of the San Diego County Democratic Party, Rebecca Taylor, who listed herself as “Gerontologist/Veterans Advocate,” is a full-time Sales and Marketing Specialist at Political Data Inc, Taylor previously worked as Director of Advocacy for Grassroots Resources from 2016 to 2020. Another candidate, Ryan Darsey, he Darsey worked for Whitburn during the time when Jesus Cardenas was serving as Whitburn’s Chief of Staff, and also worked as a Campaign Manager for Whitburn’s 2020 election which Cardenas managed. Whitburn himself is also running for the Democratic Party Central Committee Page 320 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Written Communications Received 2/12/24 Item: #6 Public Comments - Curry From: alan mil Sent: Monday, February 12, 2024 8:07 AM Subject: SANDAG BOUGHT 125 WITH OUR TAX REFUSES STOP 125 TOLL AFFECTS TRAFFIC CONGESTION 805 AND 5 WARNING - This email originated from outside the City of Chula Vista. Do not click any links and do not open attachments unless you can confirm the sender. PLEASE REPORT SUSPICIOUS EMAILS BY USING THE PHISH ALERT REPORT BUTTON or to reportphishing@chulavistaca.gov ATTACHMENT POWERPOINT SANDAG TRANSNET TAX COPY TO MAYORS SANDAG SUPERVISORS CITY COUNCILS CITY CLERKS IN SD COUNTY CALIFORNIA STATE REPRESENTATIVES BCC TO TAX PAYERS PAYING 125 TOLL ALREADY FUNDED BY OUR TAX Good morning, @CHULA CITY CLERK - Please confirm PowerPoint File received and functioning for display on the video screen during my public speaking under Agenda 6. @CITY CLERKS Every City - Please enter entire email including PowerPoint attachment into Public Record Comment under Non Agenda Public Comment for city meeting. CITY MEETING 5PM TUESDAY FEB 13 2024 276 FOURTH AVE CHULA VISTA https://pub-chulavista.escribemeetings.com/Meeting.aspx?Id=02cf7b34-1001-4576-8b7e- e91f6bbfae18&Agenda=Merged&lang=English SLIDE 1 1988-2047 60 YEAR TRANSNET SALES TAX The voters TWICE in 1987 and again in 2004 were promised expansion of freeways. Page 321 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Written Communications Received 2/12/24 Item: #6 Public Comments - Curry SLIDE 2 VOTERS WERE PROMISED FREEWAY EXPANSION NOT TOLL ROADS EXPRESS LANE CONCRETE BARRIERS TAKE AWAY TWO ROAD LANES SLIDE 3 FREEWAY PROJECTS CANCELED “The rub for the public will be, ‘I hear that you’re canceling this freeway expansion I’ve been hearing about for 10 years, convince me that what you’re replacing that with is going to impact my life in a more beneficial way,’” he said. “That’s their challenge, and I think they can answer those questions, they just haven’t started that part of the communication process yet.” https://voiceofsandiego.org/2021/08/11/here-are-the-transnet-projects-that-probably-arent- happening/ Page 322 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Written Communications Received 2/12/24 Item: #6 Public Comments - Curry SLIDE 4 ENTIRE COUNTY AFFECTED REMOVAL OF 125 TOLL BY 2027 JULY 2022 SANDAG UNANIMOUS VOTE LED BY MAYOR SALAS AND COUNCIL JOHN MCCANN Immediate removal of the toll will immediately improve traffic conditions 805 and 5; delivery of product from Mexico results in lower prices of product for entire county. By immediate stopping toll to make 125 as a FREEWAY AS PROMISED BY 1988 TRANSNET, the adjacent freeways of 805 and 5 will be less congested. SLIDE 5 AFTER JUNE 2022 UNAMINOUS VOTE STOP TOLL MONTH LATER TAX WASTE NEW TOLL READERS https://timesofsandiego.com/life/2022/07/29/sandag-to-close-sr-125-toll-road-this-weekend- for-new-tolling-equipment/ Page 323 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Written Communications Received 2/12/24 Item: #6 Public Comments - Curry 45,000 DRIVERS WERE THEN MISCHARGED ON THE 125 TOLL https://www.msn.com/en-us/news/us/45000-drivers-faced-incorrect-sr-125-toll-charges- lawsuit-against-sandag-claims/ar-AA1kj62O SLIDE 6 HISTORY 125 TOLL TAX WASTE FAILURES VOTED JAN 12 SPEND MORE MONEY EXTENDS TOLL Instead of STOPPING Toll that was already paid by tax payers thru Transnet promise expand freeways, SANDAG spending another over $30 million to continue the toll! https://legistarweb- production.s3.amazonaws.com/uploads/attachment/pdf/2370933/Item_X_- _Toll_Road_Operations_Action_Plan.pdf SLIDE 7 NOV 2024 TAX BALLOT FUNDED BY UNIONS Page 324 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Written Communications Received 2/12/24 Item: #6 Public Comments - Curry UNIONS ARE FUNDED BY THE TAX PAYERS! SANDAG 2023 AUDIT REPORT MILLIONS WASTE This November there is ANOTHER sales tax on the ballot sponsored by unions who are paid by tax payers with yet another lie of promise to expand the freeways. The existing county wide sales tax DOES NOT EXPIRE UNTIL 2048! Last year audit millions wasted and not accounted yet SANDAG paying unions to fund the Nov 2024 ballot initiative wants to voters trust for yet another tax increase! NO TO ANY BOND OR TAX INCREASE! SANDAG 2023 AUDIT REPORT MILLIONS WASTED https://legistarweb- production.s3.amazonaws.com/uploads/attachment/pdf/1966761/Item_13_-_Att._1_- _OIPA_CPO_SC_Audit_Report__Part_II_.pdf -- Alan Curry On Sat, Feb 10, 2024 at 6:26 PM <Paul> wrote: Page 325 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Written Communications Received 2/12/24 Item: #6 Public Comments - Curry Honorable Mayor, Councilmembers, Concerning item 9.1 on the agenda for Tuesday 1/13/2024 (Council Referral: Response on SR 125 Toll Road Briefing Request - This item has attachments.) Don't know whether a council referral by itself is good enough. I do not think that it is a substitute for a valid public hearing. The SR 125 Tolls were charged incorrectly to at least 45,000 drivers. This is not a huge number compared to the total, but what is so disturbing is that this happened over at least 5 or 6 years without the Board being notified. At least one payment went to the Golden Gate Bridge District. Moreover, the people at SANDAG want to use the same people who ran the broken system to patch it. Meanwhile, there was a proposal made by one SANDAG Boardmember who has substantial computer expertise to not collect tolls for a year while the new fixes are thoroughly vetted. Makes sense, but was apparently dropped from consideration. In addition, I would like it to be explained why SANDAG needs so many contractors on this: HNTB ("owner's rep"); Kapsch system operator; ETAN system operator; Fagan Consulting; SANDAG auditor; Davis Farr outside auditor; and Deloitte/A to Be Toll Systems Consultant. The more fingers in the pot they have, the more can go wrong. With 2 system operators, 2 auditors and 2 consultants, apparently overseen by the same owner's rep Page 326 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Written Communications Received 2/12/24 Item: #6 Public Comments - Curry who oversaw a program it knew was broken for 5+ years, is SANDAG looking for trouble? And why are we paying for all of these? SANDAG has shown bad stewardship of this (and other) projects and on this one the issue is compounded by a poor audit process. Having attended many SANDAG meetings, including the ones where the SR 125 tolls and scandal were discussed (repetitively) several times, I think that this whole question needs to be thoroughly aired in public and it is disgraceful that there is no attachment explaining the situation for the public to study and give ideas. I heard something about a plan to pay off the debt from SANDAG buying the SR-125 toll road, which would probably involve either more taxes or raised tolls, or both, and it would be desirable to have public comment as to the best way to do this, or if it is practicable. I am concerned that we are not getting enough information on SANDAG's goals. As of Saturday, the 10th, less than 72 hours prior to the meeting, all the public has is a statement "Attachment will be uploaded when available." The public may not have sufficient time to read the documents thoroughly and to form a reasoned opinion thereon. In the absence of an emergency situation, this short notice to the public is legally questionable under the Brown Act. That is why there should be a public hearing into this. Regards, Page 327 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Written Communications Received 2/12/24 Item: #6 Public Comments - Curry Paul Henkin Page 328 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 329 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 330 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 331 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 332 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 333 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 334 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 335 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Written Communications Item # NameQ-aSO.JU l I CHULA VISTA, CA 91910 Honorable Mayor & City Council 02/13/24 After a year of working with City Staff attempting to protect tenants from the financial devastation caused by the "Tenant Protection Ordinance", I have been awoken to the fact that I am very naive. I come to you this evening sad and totally discouraged for the following reasons. Reason One: Data. supplied by City Staff has proved beyond doubt the TPO has placed a "back breaking" financial burden on our community's homeless and renters. I naively believed once our City Council Council was made aware of the situation, they would take steps to correct the TPO's flaws. Boy was I wrong! We have been working for over a year with Chula lista staff creating a path to relieve the financial burden placed on our community's renters by the "Tenant Protection Ordinance". Although Staff supplied data has proved with out a doubt the devastation the TPO has brought upon our community's Renters and Homeless, I have so far been Page 1 of 9 Page 336 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda unable to get our City Council to simply care about the pain and suffering they are inflicting on Chula Vista renters. Reason Two: Although we have four areas of agreement with City Staff on the main flaws and possible remedy of the TPO, our City Council has shown a complete lack of interest in bringing relief to the constituents they purport to represent* You have already been presented the four areas where we all can agree: (See italics below) 1) What is causing the most harm to tenants are Clauses in the TPO threatening Landlords and Tenants who have made inadvertent mistakes with $5,000.00 daily fines. Clause 9.65.480 '2 ("Civil penalties for violations of this AL chapter may be assessed at a rate not to exceed $5.000 per violation,der 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.") and clause 9.65.060E (Reporting Requirements. Owners and Tenants shall i2Yovide City with information regarding termination of Tenancies at such time(s) and with such details as shall be required by City in the attendant Administrative Regulations.) Translation.* Tenant makes a mistake, Landlord get fined 5,000.00. If staff had no desire to levy fines for inadvertent errors they would have not purposely Page 2 of 9 Page 337 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda inserted the ,five words: "it is not required that..." in clause 9.65.080C2 above. 2) Landlords of the *36,433 rental units (*Staff supplied data) must raise rents in order impound funds to pay the potential fines of those who have made inadvertent errors, 3) During the entire ,first year of enforcement, staffff has yet to be made aware of a single Landlord or Tenant being subject to a fine which means there are virtually no "Bad Actors" in CV. 4) With so few "Bad Actors" , the financial harm placed on the backs of Tenants could very well exceed the potential benefits received by the "TPQ's" constant threat of 5,000.00 dailyfines,, Remember,* It is the THREAT of a fine, not the fine itself, which forces many Landlords to raise rents. Reason Three: It seems the City Council could not care less the addition of a simple seventeen word clause brings Chula Vista's TPO into State compliance without harming tenants. Realizing there are so few bad actors, as demonstrated in item three above, we have found a way to bring Chula Page 338 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Vista's "Tenant Protection Ordinance" in compliance with California State mandates without unnecessarily harming renters. (See italics below) The simple task of modifying the verbiage of the TPO in order to reduce a Landlord's need to drastically raise rents can easily be accomplished with an addition of the following clause: "Notice to cure must first be given beforeissued" an administrative citation, or civil Denaltv may be...--. Upon warning, the vast majority of individuals will gladly come into compliance, while the few unscrupulous Tenants and Landlords will attempt to circumvent the law. An added bonus of such a notification procedure is that a warning simplifies the process of identifying and levying fines against "Bad Actors". I I believe our city attorney will confirm that it is possible to warn noncompliant individuals and still be in alignment with California's new TPO mandates. Reason Four*. The City Council is Probably unaware that CI -sty Staff is not required receive Council's direction when modifying The TPO's Administrative Regulations: City Staff is authorized to change rules at will regarding the enforcement of the "Tenant Protection Ordinance without Page 4 of 9 Page 339 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda consulting The City Council. Most tenants who voluntarily move -away may be unaware they may required to complete forms informing city staff the details of a relocation. See Clause 9.65-060E above. Such an absent of action their part forces landlords to substantially raise rents in preparation of potential $5,000.00 daily fines to follow* Reason Five.* City Council has shown a disregard for the welfare of their constituents and appears to have a complete lack of concern that the TPO exasperates our homeless situation. On many occasions Staff as informed City Council of the precarious financial situation of our rental community See City Staff suppled data in italics below). Over a year ago I warned you the present wording of the "Tenant Protection Ordinance" would require Landlords to drastically raise rents thereby forcing hundreds of people from their homes and out on the streets. We can see a drastic increase in homelessness this year. Although there are many causes for homelessness in our community, most can agree, high rents is a huge contributing factor. I can state unequivocally The Tenant Protection Ordinance is what is forcing this Landlord to raise rents. Page 5 of 9 Page 340 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda City Staff Supplied Data Supporting Conclusons.i 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 (2831,072) 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 2831,972 x.42% = 119,268) 6) Approximate Average Monthly Chula Vista Rent: 3,047.00 (See attached CV Staff provided "Relocation Assistance " Pic below - Average o, f Line 2ndfrom 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: $5,000.04 (Clauses 9.65.060 E and 9.65.080 C2 of "Residential Landlord and Tenant Ordinance" Page 7 of 9 Page 341 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 8) Maxim average monthly rent increase allowed 1. 0 $304.70 3047.00 x 10%. California AB -1482 S%plus inflation Max 10%) 9) Average number of months required for Landlord to impound a I day fine: 16A1($5000.00 divided by $304070) 1-0) $10,979,255.00*. The approximate total monthly maximum rent increase levied on Chula Vista Renters if Landlords are forced to impound funds to the pay daily fines,* 36, 033 Rental Units multiplied by the 10% max allowed rent adjustment $304.70 - $10,979,255.00) - 11) 596 Homeless. Approximate number of Homeless created if one half of one percent of Chula Vista renters are forced out of their homes by the rent increases caused by the Tenant Protection Ordinance: (CV Population 283,972 x 42% NOMMUM 119,268 x .5% - 596) U -S. Department of Housing and Urban Devel opment SmallAreaFairMarketRent (April 2022) Efficienc 2 3 Y Bedroom Bedroom Bedroor, 4 Bedroom 1,850 2,040 2,620 3,640 4,450 1"1-10 51,580 2,030 2,820 3,450 1,440 51,600 050 2,850 3,490 A2,110 S-2-340 3,000 4,170 5,100 2,360 S2,610 3,350 4,650 5,700 52,360 3,350 4,6$0 1y5,'7nc 1,925 52,130 52,733 3,797 1,628 L8 0 2 2, -3k 1 -1. fi3,2 10 11. 4 927 Exhibit 2 Comparison Of Surrey Data vs. SAFNIR 3 3 IL Page 342 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Although I feel presenting you with information at future Council meetings would be a complete waste of time, I still posses a small glimmer of hope the conscience of at least one Council Member can be encouraged this evening to care. If just one council member requests staff to confirm the accuracy of their own data, such a confirmation would hopefully stir the conscience of the remaining council to modify the TPO's current verbiage which financially devastates renters and exasperates our community's homeless situation. Thank You i Fags 9 of Page 343 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda v . 0 0 4 P a g e | 1 February 13, 2024 ITEM TITLE Annual Report: Accept the Audited Annual Comprehensive Financial Report (ACFR) for Fiscal Year Ended June 30, 2023 and Update on General Fund Reserve Funds Report Number: 24-0045 Location: No specific geographical location Department: Finance G.C. § 84308: No 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 the audited Annual Comprehensive Financial Report for Fiscal Year Ended June 30, 2023, and update on City reserve funds. SUMMARY Presented for City Council information and acceptance are the audited basic financial statements included in the Annual Comprehensive Financial Report for the fiscal year ending June 30, 2023, as prepared by the City and audited by the independent audit firm of Lance Soll & Lunghard, LLP. The audit report submitted for the City has received an unmodified (clean) opinion from the independent audit firm. An update on General Fund reserve funds is also provided. 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. Page 344 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 2 BOARD/COMMISSION/COMMITTEE RECOMMENDATION Not applicable. DISCUSSION Pursuant to City Charter Section 1012, an annual audit of the City's financial records is performed by an independent accounting firm. The Annual Comprehensive Financial Report (“ACFR”) report is included as Attachment 1 to this report. The firm of Lance Soll & Lunghard, LLP has audited the basic financial statements of the City of Chula Vista and has issued their opinion that the statements present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, the aggregate remaining fund information of the City as of June 30, 2023, and the respective changes in financial position and, where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. Additionally, Lance Soll & Lunghard, LLP considered the City’s internal control over financial reporting to determine the appropriate audit procedures for expressing opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal control. The Independent Auditors’ Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards is included in the ACFR for fiscal year 2023. This was Lance Soll & Lunghard, LLP’s tenth year serving as the City’s independent auditors. General Fund Reserve Update Below is an update of various General Fund Reserve funds in accordance with the City of Chula Vista Council Policy General Fund Reserves – Fiscal Health Plan (Policy No. 220-03). The table below reflects the reserve target %, current reserve %, and current reserve amounts as of June 30, 2023 for each General Fund reserve. General Fund Reserve Funds Reserve Target % Current Reserve % Current Reserve $ (in millions) Target Met General Fund Operating Reserves 15.00% 15.00% $ 29.1 Economic Contingency Reserves 5.00% 5.00% $ 9.7 Catastrophic Event Reserves 3.00% 2.18% $ 4.2 Pension Reserve Fund 15.00% 13.54% $ 26.3 General Fund Operating Reserves The General Fund Operating Reserves represent unrestricted resources available for appropriation by the City Council to address extraordinary needs of an emergency nature, such as a major storm drain repair, litigation, settlement costs or an unexpected liability created by Federal and State legislative action. This reserve has a minimum level of no less than fifteen percent (15%) of annual General Fund budgeted operating expenditures (excluding Measure A and P Sales Taxes). Page 345 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 3 The General Fund ended fiscal year 2023 with $29.1 million in the General Fund Operating Reserve. This fully funds the General Fund Operating Reserve at fifteen percent (15%) of the fiscal year 2024 budgeted operating expenditures. This is the City’s sixth consecutive year fully funding the General Fund Operating Reserve. Economic Contingency and Catastrophic Event Reserves The Economic Contingency Reserves represent monies set aside to mitigate service impacts during a significant downturn in the economy which impacts City revenues such as sales tax and property tax, etc. This reserve has a minimum level of no less than five percent (5%) of annual General Fund budgeted operating expenditures. The General Fund ended fiscal year 2023 with $9.7 million in the Economic Contingency Reserve. This fully funds the Economic Contingency Reserve at five percent (5%) of the fiscal year 2024 budgeted operating expenditures. This is the City’s fourth consecutive year fully funding the Economic Contingency Reserve. The Catastrophic Event Reserves represent monies set aside to fund unanticipated expenses related to major or natural disasters in the City. This reserve has a target level of three percent (3%) of annual General Fund budgeted operating expenditures. The General Fund ended fiscal year 2023 with $4.2 million in the Catastrophic Event Reserve. This amount is equal to 2.18% of the 3% Catastrophic Event Reserve target level. Pension & OPEB (Other Post-Employment Benefits) Reserve Funds The Pension & OPEB (Other Post-Employment Benefits) Reserve Fund Policy established the City’s Pension Reserve Fund (PRF). This reserve sets aside surplus funds to address future potential pension liability increases and potentially pay off the City’s Pension Obligation Bonds (POBs) debt early. This reserve is to be funded only after funding the fifteen percent (15%) minimum reserve level of the General Fu nd Operating Reserve. Should the fiscal year result in a surplus, such surplus funds will be split between the PRF (75%) and the other two reserves (25%), the Economic Contingency Reserve and Catastrophic Event Reserves, until all three reserves are fully funded. PRF contributions are transferred to the City’s Section 115 Trust Fund. The General fund ended fiscal year 2023 with $6.5 million in surplus funds to contribute to the PRF. Additionally, the City shall budget a minimum of 75% of the estimated net annual savings from the issuance of POBs to be transferred to the City’s Section 115 Trust Fund. The budgeted contribution for fiscal year 2024 is $10.8 million. Pursuant to the Pension & OPEB Reserve Fund Policy, the Finance Department is required to provide the following comprehensive pension reserve (Section 115 Trust Fund) funds status report, including five-year reserve fund balance projections, annually to the City Council along with the ACFR. The following schedule also includes projected contributions from net annual savings, contributions from surplus funds, trust net investment activity, future costs in unfunded actuarial liabilities to CalPERS, and trust fees. Page 346 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 4 CITY OF CHULA VISTA COMPREHENSIVE PENSION RESERVE FUNDS STATUS REPORT City of Chula Vista Section 115 Trust (Book Value) Actuals Projections FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 Estimated Beginning Reserve Balance $10,826,452 $26,256,268 $ 36,971,097 $ 45,666,671 $ 52,473,391 $58,087,556 Inflows City Contributions - Annual Projected Savings from Issuance of POBs1 $ 9,929,907 $10,848,629 $ 11,976,156 $ 11,892,443 $ 12,513,429 $13,054,311 City Contributions - Pension Reserve Fund (PRF) from Surplus Funds 6,541,296 - - - - - Trust Net Investment Activity2 (67,199) - - - - - Total Inflows $ 16,404,004 $10,848,629 $ 11,976,156 $ 11,892,443 $ 12,513,429 $13,054,311 Outflows Miscellaneous Plan UAL3 $ (609,449) $ - $ (1,727,976) $ (2,600,000) $ (3,472,534) $(4,344,813) Safety Plan UAL3 (313,125) - (1,406,006) (2,334,268) (3,262,529) (4,190,791) Trust Fees (51,614) (133,800) (146,600) (151,200) (164,200) (168,400) Total Outflows (974,188) (133,800) (3,280,582) (5,085,723) (6,899,263) (8,704,004) Net Inflows (Outflows) $15,429,816 $10,714,829 $ 8,695,574 $ 6,806,720 $ 5,614,166 $ 4,350,307 Estimated Ending Fund Balance Estimated Balance with Trustee4 $19,714,972 $30,534,351 $ 32,061,068 $ 33,664,122 $ 35,347,328 $37,114,694 Estimated OPEB Reserve - 3,218,373 6,802,801 9,404,635 11,370,114 12,661,584 Estimated Bond Call Reserve - 3,218,373 6,802,801 9,404,635 11,370,114 12,661,584 Additional City Contribution 6,541,296 - - - - - Total Estimated Reserves $26,256,268 $36,971,097 $ 45,666,671 $ 52,473,391 $ 58,087,556 $62,437,863 1. Per the Pension & OPEB Reserve Fund Policy, 75% of the net annual savings from the issuance of POBs (determined at bond issuance for years 1 -10, not adjusted annually for any new unfunded liability or change in actuarial assumptions) for bond fiscal years 1 through 10 is required to be transferred to the PRF on an annual basis. 2. Trust Net Investment Activity includes: interest, dividends, realized gain/loss, and net accrued income. Trust Net Investment Activity in FY 2023 is as of December 31, 2023 and is not projected beyond that date. 3. UAL projections are from the CalPERS Actuarial Valuation - June 30, 2022 Report, which may change in future valuation reports issued by CalPERS. 4. Once the balance with trustee reaches the goal of 15% of next year’s General Fund operating budget (less Measure A and Measure P) a 5% escalator per year is assumed to maintain the balance at the targeted 15%. Page 347 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 5 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 There is no fiscal impact as a result of accepting the ACFR for Fiscal Year Ended June 30, 2023 and General Fund Reserve update. ONGOING FISCAL IMPACT There is no ongoing fiscal impact as result of this action. ATTACHMENTS 1. Annual Comprehensive Financial Report for Fiscal Year Ended June 30, 2023 Staff Contact: Sarah Schoen, Director of Finance/Treasurer Page 348 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ACCEPTING THE AUDITED ANNUAL COMPREHENSIVE FINANCIAL REPORT (ACFR) FOR FISCAL YEAR ENDING JUNE 30, 2023 WHEREAS, City Charter Section 1012 requires that an annual audit be performed of the City's financial records by an independent accounting firm; and WHEREAS, the independent audit firm of Lance Soll & Lunghard, LLP, has audited the basic financial statements of the City of Chula Vista as found in the Audited Annual Comprehensive Financial Report (ACFR) for fiscal year ending June 30, 2023; and WHEREAS, Lance Soll & Lunghard, LLP, has issued their opinion that the statements present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City as of June 30, 2023 and the respective changes in financial position, and where applicable, cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it accepts the ACFR, a copy of which is on file with the City Clerk’s Office. Presented by Approved as to form by Sarah Schoen Jill D.S. Maland Director of Finance/Treasurer Lounsbery Ferguson Altona & Peak Acting City Attorney Page 349 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA CALIFORNIA FISCAL YEAR ENDED June 30, 2023 ANNUAL COMPREHENSIVE FINANCIAL REPORT ~~{?-Aas: ~ ............ ~ CllYOF CHULA VISTA Page 350 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        CITY OF CHULA VISTA Page 351 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Annual Comprehensive Financial Report For The Fiscal Year Ended June 30, 2023 Compiled under the direction of Sarah Schoen Director of Finance/Treasurer State of California Mayor John McCann City Council Carolina Chavez Jose Preciado Alonso Gonzalez Andrea Cardenas City Manager Maria Kachadoorian CllY OF CHUlA VISTA Page 352 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        CITY OF CHULA VISTA Page 353 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Annual Comprehensive Financial Report For the Fiscal Year Ended June 30, 2023 Table of Contents INTRODUCTORY SECTION (Unaudited) Page Number Letter of Transmittal ............................................................................................................................................ .i List of City Officials ............................................................................................................................................ v Organizational Chart ............................................................................................................................................ vi Certificate of Achievement for Excellence in Financial Reporting .................................................................... vii FINANCIAL SECTION Independent Auditors' Report ......................................................................................................................... 1 Management's Discussion and Analysis (Required Supplementary Information) ...................................... 5 Basic Financial Statements: Government-Wide Financial Statements: Statement of Net Position ............................................................................................................................ 29 Statement of Activities ................................................................................................................................ 30 Fund Financial Statements: Governmental Fund Financial Statements: Balance Sheet ....................................................................................................................................... 36 Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position .................................................................................................... 39 Statement of Revenues, Expenditures and Changes in Fund Balances ........................................................................................................................................ 40 Reconciliation of the Statement of Revenues, Expenditures and Changes in Fund Balances of Governmental Funds to the Statement of Activities .................................................................................................................. 43 Proprietary Fund Financial Statements: Statement of Net Position ..................................................................................................................... 46 Statement of Revenues, Expenses and Changes in Fund Net Position ................................................. 48 Statement of Cash Flows ..................................................................................................................... 50 Fiduciary Fund Financial Statements: Statement of Fiduciary Net Position ..................................................................................................... 56 Statement of Changes in Fiduciary Net Position .................................................................................. 57 Notes to Basic Financial Statements ............................................................................................................ 60 Required Supplementary Information: Budgetary Comparison Schedule by Department -General Fund .............................................................. 123 Budgetary Comparison Schedule -Federal, State, and Local Grants Special Revenue Fund .................... 124 Budgetary Comparison Schedule -Housing Successor Agency Special Revenue Fund ............................ 125 Schedule of Changes in Net Pension Liability and Related Ratios -Miscellaneous .................................. 126 Schedule of Changes in Net Pension Liability and Related Ratios -Safety ............................................... 128 Schedule of Plan Contributions .................................................................................................................. 130 Schedule of Changes in the Total OPEB Liability and Related Ratios ..................................................... 131 Notes to Required Supplementary Information ................................................................................................. 132 Page 354 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Annual Comprehensive Financial Report For the Fiscal Year Ended June 30, 2023 Table of Contents FINANCIAL SECTION {Continued) Supplementary Information: Non-Major Governmental Funds: Page Number Combining Balance Sheet ................................................................................................................... 141 Combining Statement of Revenues, Expenditures and Changes in Fund Balances ............................ 14 7 Budgetary Comparison Schedule by Expense Category: General Fund ....................................................................................................................................... 153 Federal, State, and Local Grants Special Revenue Fund ..................................................................... 155 Housing Successor Agency Special Revenue Fund ............................................................................ 156 Schedule of Revenues, Expenditures and Changes in Fund Balances -Budget and Actual: Transportation Gas Taxes Special Revenue Fund ............................................................................... 157 Parking Meter Special Revenue Fund ................................................................................................. 158 Traffic Safety Special Revenue Fund .................................................................................................. 159 Storm Drain Special Revenue Fund .................................................................................................... 160 Town Center I Special Revenue Fund ................................................................................................. 161 Open Space Districts Special Revenue Fund ...................................................................................... 162 Housing Programs Special Revenue Fund .......................................................................................... 163 Housing Authority Special Revenue Fund .......................................................................................... 164 Transportation Sales Tax Special Revenue Fund ................................................................................ 165 Mobile Park Fee Special Revenue Fund ............................................................................................. 166 Public Education and Government Fee Special Revenue Fund .......................................................... 167 Utility Tax Settlement Special Revenue .............................................................................................. 168 National Opioid Settlement Special Revenue Fund ............................................................................ 169 Special Revenue Endowments Special Revenue Fund ........................................................................ 170 Developer Contributions Special Revenue Fund ................................................................................. 171 Donations Special Revenue Fund ........................................................................................................ 172 Development hnpact Capital Project Fund ......................................................................................... 173 Park Acquisition Development Capital Project Fund .......................................................................... 174 Residential Construction Tax Capital Project Fund ............................................................................ 175 Highway Safety Capital Project Fund ................................................................................................. 176 Industrial Development Authority Capital Project Fund ..................................................................... 177 Assessment District hnprovements Capital Projects Fund .................................................................. 178 Transportation Partnership Capital Projects Fund ............................................................................... 179 Other Transportation Program Capital Project Fund ........................................................................... 180 Capital Projects Fund .......................................................................................................................... 181 Public Financing Authority Debt Service Fund .................................................................................. 182 Municipal Financing Authority Debt Service Fund ............................................................................ 183 City Debt Service Fund ....................................................................................................................... 184 Notes Payable Debt Service Fund ....................................................................................................... 185 Lease Payable Debt Service Fund ....................................................................................................... 186 Non-Major Proprietary Funds: Combining Statement of Net Position ................................................................................................. 188 Combining Statement of Revenues, Expenses and Changes in Net Position ...................................... 190 Combining Statement of Cash Flows .................................................................................................. 192 Page 355 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Annual Comprehensive Financial Report For the Fiscal Year Ended June 30, 2023 Table of Contents FINANCIAL SECTION {Continued} Internal Service Funds: Page Number Combining Statement of Net Position ................................................................................................. 196 Combining Statement of Revenues, Expenses and Changes in Net Position ...................................... 197 Combining Statement of Cash Flows .................................................................................................. 198 Fiduciary Funds: Combining Statement of Net Position -All Custodial Funds ............................................................. 200 Combining Statement of Changes in Fiduciary Net Position -All Custodial Funds .......................... 201 STATISTICAL SECTION Net Position by Component -Last Ten Fiscal Years .................................................................................. 204 Changes in Net Position -Last Ten Fiscal Years ....................................................................................... 206 Fund Balances, Governmental Funds -Last Ten Fiscal Years .................................................................. 208 Changes in Fund Balances, Governmental Funds -Last Ten Years .......................................................... 210 Assessed Value and Estimated Actual Value of Taxable 189 .................................................................... 212 Direct and Overlapping Property Tax Rates -Last Ten Fiscal Years ......................................................... 213 Principal Property Taxpayers -Current Year and Nine Years Ago ............................................................ 214 Property Tax Levies and Collections -Last Ten Fiscal Years .................................................................... 215 Ratios of Outstanding Debt by Type -Last Ten Fiscal Years .................................................................... 216 Ratios of General Bonded Debt Outstanding -Last Ten Fiscal Years ....................................................... 218 Direct and Over Lapping Bonded Debt ...................................................................................................... 219 Legal Debt Margin Information -Last Ten Fiscal Years ........................................................................... 220 Pledged-Revenue Coverage -Last Ten Fiscal Years .................................................................................. 222 Demographic and Economic Statistics -Last Ten Calendar Years ............................................................ 223 Principal Employers -Current Year and Nine Years Ago .......................................................................... 224 Full-time and Part-time City Employees by Function -Last Ten Fiscal years ........................................... 225 Operating Indicators by Function/Program -Last Ten Fiscal Years .......................................................... 226 Capital Asset Statistics by Function/Program -Last Ten Fiscal Years ...................................................... 227 Independent Auditors' Report on Internal Control Over Financial Reporting And on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards ....................... 229 Page 356 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        CITY OF CHULA VISTA Page 357 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda December 28, 2023 Honorable Mayor, Councilmembers, and Residents of City of Chula Vista City of Chula Vista Chula Vista, CA 91910 Letter of Transmittal Annual Comprehensive Financial Report, For the Fiscal Year Ended June 30, 2023 To the Honorable Mayor, Councilmembers, and Residents of City of Chula Vista: We are pleased to submit the audited Annual Comprehensive Financial Report (ACFR) for the City of Chula Vista (City) for the fiscal year ended June 30, 2023. The City compiles and prepares the ACFR to provide interested parties with reliable information concerning the financial condition and results of operations for the City. The ACFR has been prepared in accordance with generally accepted accounting principles (GAAP) in the United States of America and the financial reporting requirements prescribed by the Governmental Accounting Standards Board (GASB). The City’s management is responsible for both the accuracy of the information and the completeness and fairness of the presentation, including all disclosures. This means that the financial statements have been prepared using guidelines that would allow the user to make a meaningful comparison to the financial statements of other similar entities. All disclosures necessary to enable the reader to gain an understanding of the City’s activities have been included. The basic financial statements are audited by an independent certified public accounting firm. The purpose of the audit is to ensure that the financial statements present fairly, in all material respects, the financial position and the results of operations of the City. GAAP require that management provide a narrative introduction, overview, and analysis to accompany the basic financial statements in the form of Management’s Discussion and Analysis (MD&A). This letter of transmittal is designed to complement the MD&A and should be read in conjunction with it. The City’s MD&A can be found immediately following the report of the independent auditors. The City is required to undergo an annual single audit in conformity with the provisions of the Revised Single Audit Act of 1996 and the United States Office of Management and Budget's Uniform Guidance. Information related to this single audit, including a schedule of expenditures of federal awards, along with the independent auditors’ reports on internal controls and compliance with applicable laws, can be found in a separately issued single audit report. The ACFR for the City includes the activities of the primary government along with several "component units." A component unit is a legally separate entity for which the elected officials of the primary government are financially accountable. Component units, although they are legally separate entities, are in substance part of the primary government's operations and therefore included for financial reporting purposes. The component units included within the City's financial statements are the Chula Vista i CITY OF CHULA VISTA Finance Department 276 Fourth Avenue, Chula Vista, CA 91910 www.chulavistaca.gov (619) 691-5051 fax (619) 585-5685 Page 358 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Industrial Development Authority, Chula Vista Public Financing Authority, Chula Vista Municipal Financing Authority, Chula Vista Housing Authority, Chula Vista Bayfront Facilities Financing Authority, and Bayfront Project Special Tax Financing District. Profile of the Government The City is located in San Diego County with its western border adjacent to San Diego Bay, 8 miles south of Downtown San Diego and 7 miles north of the Mexican border. The City encompasses approximately 52 square miles. The City was incorporated in 1911 and was recognized as city in the State of California by election in 1949. The City functions under a City Charter with a Council/Manager form of government. The City is governed by a four-member Council and a Mayor, who serves four-year overlapping terms, and, in addition to the City Attorney, is elected on a citywide basis. The Council appoints the City Manager and the City Clerk. Municipal services provided include police, fire, parks and recreation, libraries, planning & building, housing programs, street and drainage construction and maintenance, and sewer services. Local Economy and Prospects for the Future Chula Vista residents enjoy all the benefits of a major city along with small town friendliness, affordable housing, and near perfect weather. The most recent data available from San Diego Association of Governments (SANDAG) estimates that the median household income in Chula Vista is $72,265. The City of Chula Vista, with an estimated population of 276,785, per the California Department of Finance is the second largest community in San Diego County. SANDAG projects that the City of Chula Vista will reach a population of approximately 330,255 by the year 2050. SANDAG’s 2050 Growth Forecast indicates that the South County sub region will continue to host a substantial amount of the region’s projected growth over the next three decades, primarily through new development in the eastern portion of the City. In fiscal year 2023, the City made substantial progress on major City projects, including the Gaylord Pacific Hotel and Convention Center on the Chula Vista Bayfront and the University and Innovation District in East Chula Vista. The developed Chula Vista Bayfront is expected to have an enormous impact on the City and the San Diego region, attracting visitors from throughout the State of California and beyond. The developed bayfront will raise the City’s quality of life, with new parks and coastal access, and amenities for all to enjoy. The construction project is anticipated to create 3,580 jobs and once open is expected to have an economic impact of half-a-billion dollars each year and produce 4,000 permanent jobs. The developed University and Innovation District aims to recruit and co-locate a unique mix of academic partners in an environment different than a traditional university campus. Instead, academic institutions, including a four-year university, will integrate with commercial, retail and residential functions in an urban, mixed-use setting. This will provide a collaborative learning and research environment for engaging students, faculty and corporations in the creation and application of knowledge for cross-border economic, social and cultural development. The University and Innovation District will offer a globally desirable range of academic, entrepreneurial, and urban amenities to attract the talent and investment that will sustain a world-class educational-innovation ecosystem in Chula Vista. ii 276 Fourth Avenue, Chula Vista, CA 91910 www.chulavistaca.gov (619) 691-5051 fax (619) 585-5685 Page 359 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Long-Term Financial Planning The City updated the General Fund Long-Term Financial Plan (LTFP) for fiscal year 2025 through 2034 as part of its annual budget development process. The forecast analyzed revenue and expenditure estimates and assumptions over a 10-year period to assess the City’s ability to maintain current or expand service levels based on projected growth, preserve the City’s long-term fiscal health by aligning operating revenues and costs, and to maintain the City’s reserve funds to City reserve policy thresholds. The goal of the financial forecast is to match the availability of revenues against expenditures over time and update budgetary and financial plans accordingly. In summary, the Long-Term Financial Plan provides an in- depth analysis of the City’s fiscal condition to aide in proactive financial decision making and to serve as a planning tool to bring a long-term perspective to the budget development process. The forecast anticipated moderate revenue growth from fiscal year 2025 to fiscal year 2027. Starting in fiscal year 2028, revenues are anticipated to decrease due to the scheduled conclusion of a citizen approved sales tax measure. Starting in fiscal year 2029, revenues are anticipated to resume moderate growth through fiscal year 2034. The forecast anticipated expenditure growth to outpace revenue growth revenues from fiscal year 2025 to fiscal year 2027. This structural shortfall is projected for the first three years of the ten-year LTFP period. The Government Finance Officers Association (GFOA) recognizes the importance of combining the forecasting of revenues and expenditures into a single financial forecast. The GFOA also recommends that a government should have a financial planning process that assesses long-term financial implications of current and proposed policies, programs, and assumptions that develop appropriate strategies to achieve its goals. Internal Controls The City has developed and put into place systems of internal controls over various accounting and transaction processing functions. Management of the City is responsible for establishing and maintaining the internal control structure. This structure is designed to ensure that the assets of the City are protected from loss, theft, or misuse. These controls are also in place to ensure that adequate accounting information is compiled to allow for the preparation of financial statements in conformity with GAAP. The internal control structure is designed to provide reasonable, but not absolute, assurance that these objectives are met. The idea of reasonable assurance recognizes that: (1) the cost of a control should not exceed the benefits likely to be derived; and (2) the valuation of cost and benefits requires estimates and judgments by management. Budgetary Controls The City currently adopts a single-year operating and capital budget. The provisions of these budgets are directly posted into the City's general ledger accounting system to help ensure compliance with the appropriations made by the City Council. Activities of the City’s Governmental Funds (general fund, special revenue funds, debt service funds, and capital project funds) are adopted in the operating budget. Budgetary control (which is the policy that actual expenditures may not exceed appropriations) is at the department and expenditure category level. City Council approval is required for any transfer between departments or overall increase to a department. The City Manager is authorized to transfer appropriations up to $75,000 between expenditure categories iii 276 Fourth Avenue, Chula Vista, CA 91910 www.chulavistaca.gov (619) 691-5051 fax (619) 585-5685 Page 360 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda within a departmental budget. Any appropriation transfers between expenditure categories within departments greater than $75,000 require City Council approval. Appropriations, other than for capital projects, remaining unspent at the end of any fiscal year will be canceled and returned to available fund balance with the exception of any appropriations encumbered as the result of a valid purchase order or as approved for a specific project or purpose by the City Council or the City Manager. Appropriations for capital projects will necessarily be carried over from year to year until the project is deemed to be complete. The City Council also adopts amounts in the operating budget for the proprietary and internal service funds to provide a level of fiscal control. Independent Audit Each year the City has an audit performed by an independent certified public accounting firm. This year the audit was performed by the firm of Lance, Soll, and Lunghard, LLP. The auditors also conduct a "single audit" designed to meet the requirements of the federal Revised Single Audit Act of 1996 and the related U.S. Office of Management and Budget's Uniform Guidance. The auditor’s report on the basic financial statements can be found in the financial section of this report. The auditor’s report on internal controls over financial reporting and compliance with applicable laws and regulations can be found in a separately issued report at the conclusion of this document. Awards The Government Finance Officers Association of the United States and Canada (GFOA) awarded a Certificate of Achievement for Excellence in Financial Reporting to the City of Chula Vista for its ACFR for the year ended June 30, 2022. This was the 23rd consecutive year that the City has received this prestigious award. In order to be awarded a Certificate of Achievement, a government must publish an easily readable and efficiently organized ACFR. This report must satisfy both generally accepted accounting principles and applicable legal requirements. A Certificate of Achievement is valid for a period of one year only. We believe that our current ACFR continues to meet the Certificate of Achievement Program's requirements, and we are again submitting it to GFOA to determine its eligibility for another certificate. Acknowledgments The preparation of this ACFR could not have been accomplished without the efficient and dedicated services of the entire finance staff throughout the fiscal year. We would like to thank all those individuals who assisted and contributed to the preparation of this report. Acknowledgement must also be given to the Mayor and City Council, along with the City Manager, for their continued interest in planning and conducting the operations of the City of Chula Vista in a responsible and progressive manner. Respectfully submitted, Sarah Schoen Director of Finance/Treasurer iv 276 Fourth Avenue, Chula Vista, CA 91910 www.chulavistaca.gov (619) 691-5051 fax (619) 585-5685 Page 361 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda List of City Officials As of June 30, 2023 City Council John McCann Mayor Carolina Chavez Councilmember District 1 Jose Preciado Councilmember District 2 Alonso Gonzalez Councilmember District 3 Andrea Cardenas Councilmember District 4 Administration Maria Kachadoorian City Manager Tiffany Allen Assistant City Manager Eric Crockett Deputy City Manager (Vacant)City Attorney Kerry K. Bigelow City Clerk Department Heads John Skeel Director of Animal Services Tracy Lamb Director of Community Services Laura Black Director of Development Services William Valle Director of Engineering/City Engineer Harry Muns Fire Chief Sarah Schoen Director of Finance/Treasurer Stacey Kurz Director of Housing & Homeless Services Courtney Chase Director of Human Resources & Risk Management Jose Cisneros Director of Information Technology Services Roxana Kennedy Chief of Police Matthew Little Director of Public Works v Page 362 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Organizational Chart As of June 30, 2023 Citizens of Chula Vista Mayor City Council Citizen Advisory Commissions City Attorney Citizen Advisory Boards Development Services Fire Police Deputy City Manager Assistant City Manager City Clerk City Manager Engineering & Capital Projects Parks & Recreation Community Services Public Works Animal Services Information Technology Services Economic Development Housing & Homeless Services Human Resources & Risk Management Finance Library vi CllYOF CHUIAVISTA Page 363 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Government Finance Officers Association Certificate of Achievement for Excellence in Financial Reporting Presented to City of Chula Vista California For its Annual Comprehensive Financial Report For the Fiscal Year Ended June 30, 2022 Executive Director/CEO vii e Page 364 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        CITY OF CHULA VISTA Page 365 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 1611 E. Fourth Street, Suite 200 Santa Ana, CA 92701 (714) 569-1000 203 N. Brea Blvd, Suite 203 Brea, CA 92821 (714) 672-0022 21 Waterway Avenue, Suite 30089 The Woodlands, TX 77380 (936) 828-4587 2151 River Plaza Dr., Suite 150 Sacramento, CA 95833  (916) 503-9691 24422 Avenida de la Carlota, Suite 275 Laguna Hills, CA 92653 (949) 829-8299 www.lslcpas.com INDEPENDENT AUDITORS’ REPORT To the Honorable Mayor and Members of the City Council City of Chula Vista, California Report on the Audit of the Financial Statements Opinions We have audited the accompanying financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Chula Vista, California (the “City”), as of and for the year ended June 30, 2023, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements as listed in the table of contents. In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City, as of June 30, 2023, and the respective changes in financial position, and cash flows thereof, for the year then ended in accordance with accounting principles generally accepted in the United States of America. Basis for Opinions We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. We are required to be independent of the City and to meet our other ethical responsibilities, in accordance with the relevant ethical requirements relating to our audit. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions. Emphasis of Matter Change in Accounting Principle As described in Note 1 to the financial statements, in 2023, the City adopted new accounting guidance, GASB Statement No. 96, Subscription Based Information Technology Arrangements. Our opinion is not modified with respect to this matter. Responsibilities of Management for the Financial Statements Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America, and for the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, management is required to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the City’s ability to continue as a going concern for twelve months beyond the financial statement date, including any currently known information that may raise substantial doubt shortly thereafter. 1 Ls~ .... •••• •• ~ ,,.,,,,'7,""'"'"'"""'"I 1 ·1JitAucciado11o{Ad•;1sory ~ PrimeGlobal ondAc,~"'"'"•''""" I I I I Page 366 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda To the Honorable Mayor and Members of the City Council City of Chula Vista, California Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinions. Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with generally accepted auditing standards and Government Auditing Standards will always detect a material misstatement when it exists. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. Misstatements are considered material if there is a substantial likelihood that, individually or in the aggregate, they would influence the judgment made by a reasonable user based on the financial statements. In performing an audit in accordance with generally accepted auditing standards and Government Auditing Standards, we:  Exercise professional judgment and maintain professional skepticism throughout the audit.  Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks. Such procedures include examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.  Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal control. Accordingly, no such opinion is expressed.  Evaluate the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluate the overall presentation of the financial statements.  Conclude whether, in our judgment, there are conditions or events, considered in the aggregate, that raise substantial doubt about the City’s ability to continue as a going concern for a reasonable period of time. We are required to communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit, significant audit findings, and certain internal control-related matters that we identified during the audit. Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis, budgetary comparison schedules for the General Fund and major special revenue funds, and the required pension and other postemployment benefits schedules, as listed on the table of contents, presented to supplement the basic financial statements. Such information is the responsibility of management and, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. 2 Ls~ .... •••• •• Page 367 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda To the Honorable Mayor and Members of the City Council City of Chula Vista, California Supplementary Information Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise the City’s basic financial statements. The accompanying combining and individual fund financial statements and schedules (supplementary information) are presented for purposes of additional analysis and are not a required part of the basic financial statements. Such information is the responsibility of management and was derived from and relates directly to the underlying accounting and other records used to prepare the basic financial statements. The information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the supplementary information is fairly stated, in all material respects, in relation to the basic financial statements as a whole. Other Information Management is responsible for the other information included in the annual report. The other information comprises the introductory and statistical sections but does not include the basic financial statements and our auditor’s report thereon. Our opinions on the basic financial statements do not cover the other information, and we do not express an opinion or any form of assurance thereon. In connection with our audit of the basic financial statements, our responsibility is to read the other information and consider whether a material inconsistency exists between the other information and the basic financial statements, or the other information otherwise appears to be materially misstated. If, based on the work performed, we conclude that an uncorrected material misstatement of the other information exists, we are required to describe it in our report. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated December 28, 2023, on our consideration of the City’s internal control over financial reporting and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is solely to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City’s internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering City’s internal control over financial reporting and compliance. Brea, California December 28, 2023 3 Ls~ .... •••• •• Page 368 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        4 CITY OF CHULA VISTA Page 369 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 The City of Chula Vista (City) offers readers this narrative overview and analysis of the City’s financial activities for the fiscal year ended June 30, 2023. It should be read in conjunction with the accompanying letter of transmittal beginning on page i and the accompanying basic financial statements. FINANCIAL HIGHLIGHTS The following outlines financial highlights for the year: 1. At June 30, 2023 the assets and deferred outflows of the City exceeded its liabilities and deferred inflows by $1,873.8 million (net position). Total net position consisted of net investment in capital assets of $1,554.2 million, restricted net position of $287.4 million, and unrestricted net position of $32.2 million. 2. Total unrestricted net position for governmental activities has decreased by $22.6 million from the prior fiscal year, a change of 23.2%, whereas unrestricted net position for business-type activities was $16.3 million higher than the previous year, a 12.0% increase. 3. The City’s total net position increased by $135.7 million or 7.8% in fiscal year 2023. The net position for governmental activities increased by a net $118.1 million or 9.2%, while the net position for business-type activities increased by $17.6 million or 3.8%. 4. The City’s governmental funds reported combined ending fund balances of $409.1 million, an increase of $49.0 million, or 13.6%. 5. Total citywide liabilities increased by $35.4 million or 5.3%. Liabilities for governmental activities increased by $28.6 million or 4.7% and business-type activities increased by $6.8 million or 13.3%. 6. The City’s total long-term debt obligations for governmental activities had a net decrease of $21.4 million or 4.6%. OVERVIEW OF FINANCIAL STATEMENTS This discussion and analysis provided here is intended to serve as an introduction to the City’s basic financial statements. The City’s basic financial statements are comprised of three components: (1) government-wide financial statements, (2) fund financial statements, and (3) notes to the basic financial statements. This report also contains required supplementary information (RSI) as well as other supplemental financial information intended to furnish additional detail to support the basic financial statements themselves. Government-Wide Financial Statements The government-wide financial statements are designed to provide readers with a broad overview of the City’s finances, in a manner similar to private-sector business. They are comprised of the Statement of Net Position and the Statement of Activities. The Statement of Net Position presents information on all the City’s assets and deferred outflows, along with liabilities and deferred inflows, with the difference reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the City is 5 Page 370 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 improving or deteriorating. This statement combines and consolidates governmental funds’ current financial resources with capital assets and long-term obligations. The Statement of Activities presents information showing how the government’s net position changed during the fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of the related cash flows. Thus, revenues and expenses are reported in this statement, for some items, that will only result in cash flows in future fiscal periods (e.g., uncollected taxes and earned but unused vacation leave). The government-wide financial statements have separate sections for three different types of activities. These three types of activities are: Governmental Activities – The activities in this section are mostly supported by taxes and charges for services. The governmental activities of the City include General Government, Public Safety, Community Development, Public Works, Parks and Recreation, and Library. Business-Type Activities – These functions normally are intended to recover all or a significant portion of their costs through user fees and charges to external customers for goods and services. The business-type activities of the City include Sewer Fund, Sewer Development Impact Fees, Development Services Fund, Chula Vista Elite Athlete Training Center, Bayfront Trolley Station, Transit Fund, Chula Vista Muni Golf Course, Transport Enterprise, and Living Coast Discovery Center. Discretely Presented Component Units – The City of Chula Vista has no discretely presented component units to report upon. Fund Financial Statements and Major Component Unit Financial Statements A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The City, like other state and local governments, uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. All the funds of the City can be divided into three categories: governmental funds, proprietary funds, and fiduciary funds. The fund financial statements provide detailed information about each of the City’s most significant funds, called Major Funds. The concept of Major Funds, and the determination of which are major funds, was established by GASB Statement No. 34 and replaces the concept of combining like funds and presenting them in total. Instead, each Major Fund is presented individually, with all Non-Major Funds summarized and presented in a single column. Governmental Funds – Governmental funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. However, unlike the government- wide financial statements, governmental fund financial statements focus on near-term inflows and outflows of spendable resources, as well as on balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government’s near-term financial capacity. Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and 6 Page 371 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 governmental activities. These reconciliations are presented on the pages immediately following each governmental fund financial statement. As of fiscal year 2023, the City maintains numerous governmental funds within the adopted budget and its financial system. However, for financial reporting, the funds are summarized as follows for presentation purposes: Each major fund is presented separately in the governmental fund balance sheet and in the governmental fund statement of revenues, expenditures, and changes in fund balance. Information for the City’s remaining governmental funds is combined into a single, aggregated “Other Governmental Funds” column. Individual fund data for each of these non-major governmental funds is provided in the supplementary information portion of the report. Proprietary Funds – The City maintains two different types of proprietary funds - enterprise funds and internal service funds. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The City uses enterprise funds to account for its Sewer, Sewer Development Impact Fees, Development Services, Chula Vista Elite Athlete Training Center, Bayfront Trolley Station, Transit, Chula Vista Muni Golf Course, Transport Enterprise, and Living Coast Discovery Center. Internal service funds are used to accumulate and allocate costs internally among the City’s various functions. The City uses internal service funds to account for its fleet management, technology replacement, and workers compensation program. Because these services predominantly benefit governmental rather than business-type functions, they have been included within governmental activities in the governmental-wide financial statements. Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. Like the government-wide financial statements, proprietary fund financial statements use the accrual basis of accounting. There is no reconciliation needed between the government-wide financial statements for business-type activities and the proprietary fund financial statements. Fiduciary Funds – Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government-wide financial statements because the resources of those funds are not available to support the City’s own programs. Fund Category Major Funds Non-Major Funds Total General Fund 1 0 1 Special Revenue 2 16 18 Capital Project 1 9 10 Debt Service 0 5 5 Permanent 0 0 0 Total Presented 4 30 34 7 Page 372 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 Notes to Basic Financial Statements The notes provide additional information that is essential to a full understanding of the data provided in the government-wide and fund financial statements. Required Supplementary Information In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary information concerning the City’s budgetary results for the general fund and all major special revenue funds with an appropriated budget. Required supplementary information also includes trend data for the City’s pension plans and other postemployment benefits. Other supplementary information, including combining statements for nonmajor governmental funds, nonmajor proprietary funds, internal service funds, and all custodial funds, are presented immediately following the required supplementary information. Budgetary comparison schedules are also included in this section for all nonmajor governmental funds with an appropriated budget. GOVERNMENT-WIDE FINANCIAL ANALYSIS Net Position As noted earlier, net position may serve over time as a useful indicator of a government’s financial position. As of June 30, 2023, the City’s total net position (governmental and business-type activities) was $1,873.8 million, a net increase of $135.7 million or 7.8% from the prior fiscal year. The City’s governmental activities increased by $118.1 million and business-type activities increased by $17.6 million. The following Summary of Net Position table shows the components that make up the City’s net position at June 30, 2023 and 2022. Summary of Net Position Fiscal Year Ended June 30 2023 2022 2023 2022 2023 2022 Current Assets 472,776,502$ 491,605,672$ 195,675,405$ 183,376,221$ 668,451,907$ 674,981,893$ Non-Current Assets 98,337,081 178,621,179 (2,348,567) 12,476,689 95,988,514 191,097,868 Capital Assets 1,362,769,383 1,281,546,729 328,791,214 324,363,653 1,691,560,597 1,605,910,382 Total Assets 1,933,882,966 1,951,773,580 522,118,052 520,216,563 2,456,001,018 2,471,990,143 Deferred outflow of resources 121,590,525 27,287,658 15,421,977 1,998,246 137,012,502 29,285,904 Total Deferred Outflows 121,590,525 27,287,658 15,421,977 1,998,246 137,012,502 29,285,904 Current Liabilities 110,808,267 114,543,305 19,171,185 17,776,203 129,979,452 132,319,508 Non-Current Liabilities 531,667,421 499,340,761 38,607,138 33,218,169 570,274,559 532,558,930 Total Liabilities 642,475,688 613,884,066 57,778,323 50,994,372 700,254,011 664,878,438 Deferred inflows of resources 17,169,407 104,682,399 1,799,144 10,966,035 18,968,551 115,648,434 Total Deferred Inflows 17,169,407 104,682,399 1,799,144 10,966,035 18,968,551 115,648,434 Net Position Net Investment in Capital Assets 1,228,680,322 1,139,225,615 325,567,886 324,179,036 1,554,248,208 1,463,404,651 Restricted 287,363,139 218,852,340 - - 287,363,139 218,852,340 Unrestricted (120,215,065) (97,583,182) 152,394,676 136,075,366 32,179,611 38,492,184 Total Net Position 1,395,828,396$ 1,260,494,773$ 477,962,562$ 460,254,402$ 1,873,790,958$ 1,720,749,175$ Governmental Activities Business-Type Activities Total 8 Page 373 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 As the Summary of Net Position table illustrates, fiscal year 2023 total amount of $1,554.2 million is reported as net investment in capital assets, which represents capital assets (e.g., land, streets, sewers, buildings, improvements, equipment, lease asset, subscription assets, and work in progress), less any related debt used to acquire those capital assets that are still outstanding. The City uses these capital assets to provide services to citizens; consequently, these assets are not available for future spending. Although the City’s investment in its capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other sources, since the capital assets themselves cannot be used to liquidate this debt. A portion of the City’s fiscal year 2023 net position is restricted, $287.4 million and represents resources that are subject to external restrictions on how they may be used. Restricted net position increased $68.5 million from the prior year and is mainly related to capital projects and pension. Unrestricted net position represents the portion of net position that can be used to finance daily operations without constraints established by debt covenants, enabling legislation, or other legal requirements. Fiscal year 2023, unrestricted net position of $32.2 million is comprised of negative $120.2 million for governmental activities offset by positive $152.4 million for business-type activities. Unrestricted net position decreased by $6.3 million from the prior fiscal year. At the end of the fiscal year, the City was able to report positive balances for all categories of net position for its business-type activities, however, both the total primary government as well as the governmental activities columns show a negative unrestricted net position 9 Page 374 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 Changes in Net Position The statement of net position provides a snapshot at a given point in time of the assets, liabilities, and deferred inflows and outflows of resources of the City. The other citywide statement provided is the Statement of Activities. This statement provides the readers with information regarding the revenues, expenses, and changes in net position over the fiscal year. Generally, all changes to the City’s net position from one fiscal year to the next flow through the Statement of Activities. Summary of Changes in Net Position Fiscal Year Ended June 30 Further analysis is provided within the governmental and business-type activities in the following sections. 2023 2022 2023 2022 2023 2022 Revenues: Program Revenues: Charges for Services 54,306,851$ 54,088,129$ 80,687,370$ 84,025,377$ 134,994,221$ 138,113,506$ Operating Grants & Contributions 54,392,158 47,300,700 - - 54,392,158 47,300,700 Capital Grants & Contributions 62,001,862 58,796,673 - - 62,001,862 58,796,673 General Revenues: Property Taxes 75,655,629 69,565,097 - - 75,655,629 69,565,097 Transient Occupancy Taxes 8,830,406 7,418,924 - - 8,830,406 7,418,924 Sales Taxes 103,350,833 102,428,825 - - 103,350,833 102,428,825 Franchise Taxes 14,432,110 13,852,030 - - 14,432,110 13,852,030 Business License Taxes 2,017,470 1,979,843 - - 2,017,470 1,979,843 Utility User Taxes 3,643,465 3,731,224 - - 3,643,465 3,731,224 Residential Construction Taxes 166,875 12,481,058 - - 166,875 12,481,058 Property Transfer Taxes 1,341,179 2,208,125 - - 1,341,179 2,208,125 Other Taxes 16,259,368 - - - 16,259,368 - Investment Earnings (Losses)9,523,650 (6,855,109) 2,319,648 (3,650,561) 11,843,298 (10,505,670) Miscellaneous 11,184,009 21,755,785 9,730,345 16,545,269 20,914,354 38,301,054 Gain (Loss) Disposal of Capital Assets (296,411) 192,543 70,150 47,609 (226,261) 240,152 Total Revenues 416,809,454 388,943,847 92,807,513 96,967,694 509,616,967 485,911,541 Expenses: General Government 43,199,147 57,993,429 - - 43,199,147 57,993,429 Public Safety 130,847,798 111,173,472 - - 130,847,798 111,173,472 Community Development 25,674,814 45,701,258 - - 25,674,814 45,701,258 Public Works 81,289,367 58,402,021 - - 81,289,367 58,402,021 Parks and Recreation 5,783,062 13,542,362 - - 5,783,062 13,542,362 Library 3,749,853 2,954,806 - - 3,749,853 2,954,806 Interest on Long-Term Debt 13,400,138 15,631,745 - - 13,400,138 15,631,745 Sewer Fund - - 40,934,038 33,398,914 40,934,038 33,398,914 Sewer DIFs - - 387,959 305,619 387,959 305,619 Development Services Fund - - 10,155,101 8,233,072 10,155,101 8,233,072 CV Elite Athlete Training Ctr - - 1,219,972 575,339 1,219,972 575,339 Bayfront Trolley Station - - 11 19 11 19 Transit - - 8,483 8,500 8,483 8,500 Chula vista Muni Golf course - - 3,173,834 2,982,489 3,173,834 2,982,489 Transport Fund - - 11,191,576 12,006,347 11,191,576 12,006,347 Living Coast Discovery Ctr - - 172,989 118,750 172,989 118,750 Total Expenses 303,944,179 305,399,093 67,243,963 57,629,049 371,188,142 363,028,142 Increase/(Decrease) in Net Position Before Transfers and Special Item 112,865,275 83,544,754 25,563,550 39,338,645 138,428,825 122,883,399 Transfers 7,965,818 7,527,863 (7,965,818) (7,527,863) - - Special Item (2,765,896) - - - (2,765,896) - Change in Net Position 118,065,197 91,072,617 17,597,732 31,810,782 135,662,929 122,883,399 Net Position, Beginning of Year 1,260,494,773 1,165,779,357 460,254,402 424,978,653 1,720,749,175 1,590,758,010 Restatements 17,268,426 3,642,799 110,428 3,464,967 17,378,854 7,107,766 Net Position, Beginning of Year - Restated 1,277,763,199 1,169,422,156 460,364,830 428,443,620 1,738,128,029 1,597,865,776 Net Position, End of Year 1,395,828,396$ 1,260,494,773$ 477,962,562$ 460,254,402$ 1,873,790,958$ 1,720,749,175$ Governmental Activities Business-Type Activities Total 10 Page 375 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 Governmental Activities The City’s governmental activities net position increased by $118.1 million or 9.2%, which partially offsets the City’s negative unrestricted net position due to net pension and OPEB related liabilities. The chart below compares the cost of services by function for the City’s governmental activities along with the program revenues used to cover those costs. Total program revenues from governmental activities were $170.7 million in fiscal year 2023, an increase of $10.5 million or 6.6% from the previous year. Program revenues are derived directly from the program itself or from parties outside the reporting government’s taxpayers or citizenry. They reduce the net cost of the function to be financed from the City’s general revenues. A discussion of the different Program Revenue categories and its components follows. Charges for Services for governmental activities had a net increase of $0.2 million or 0.4% from the previous fiscal year mainly due to increased chargeable activities in community development of $3.8 million and public safety of $1.2 million, and a decrease in chargeable activities in general government of $4.8 million. Changes by function in comparison to the prior fiscal year are summarized in the table below. Charges for Services Fiscal Year Ended June 30 Function 2023 2022 Increase (Decrease) General Government 1,943,828$ 6,763,379$ (4,819,551)$ Public Safety 8,933,510 7,752,570 1,180,940 Community Development 9,647,486 5,836,312 3,811,174 Public Works 30,697,778 30,823,899 (126,121) Parks and Recreation 2,479,537 2,101,823 377,714 Library 604,712 810,146 (205,434) Total Charges for Services 54,306,851$ 54,088,129$ 218,722$ 11 ~ = 0 § ~ ■ Expenses $140 $120 $100 $80 $60 $40 $20 $- General Govennnent $43,199,14 7 ■ Total Program Revenu es $8 ,5 10,992 Expenses and Program Revenues Governmental Activities Public Safety $130 ,847,798 24,671 ,78 1 Conllllllllity Development $25,674,8 14 45 ,666.605 Public Wo1ks $8 1,289 ,367 71 ,663 ,385 P arks and R ec reation $5 ,783 ,062 2,479 ,537 Library $3 ,749,853 17,708.57 1 Interest on Long-Tenn Debt $13,400 ,138 Page 376 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 Operating Grants and Contributions for governmental activities had a net increase of $7.1 million from the previous fiscal year mainly due to increased state grant contributions to the Millenia: Cinematic Arts Academic Center and Library project and the overall increase of federal contributions to various public safety grants. Changes by function in comparison to the prior fiscal year are summarized in the table below. Operating Grants and Contributions Fiscal Year Ended June 30 Capital Grants and Contributions for governmental activities had a net increase of $3.2 million from the previous fiscal year primarily due to an increase in Public works of $4.2 million. Changes by function in comparison to the prior fiscal year are summarized in the table below. Capital Grants and Contribution Fiscal Year Ended June 30 General Revenues are all other revenues not categorized as program revenues, such as property taxes, sales taxes and investment earnings. Total general revenues from governmental activities were $246.4 million in fiscal year 2023. The largest source of general revenues received during the year for governmental activities was taxes for a total of $225.7 million, which included amounts from Property Taxes for $75.7 million, Sales Taxes for $103.4 million, and Franchise Taxes for $14.4 million. All taxes combined increased a total of $12.0 million in comparison to the prior fiscal year. The City’s General Revenues increased overall by $17.8 million when compared to the prior fiscal year. While most of the revenue categories increased moderately from last year, there were significant increases in the collection of property taxes. There was a reclassification from residential construction tax to other Function 2023 2022 Increase (Decrease) General Government 6,567,164$ 3,846,872$ 2,720,292$ Public Safety 15,738,271 7,675,911 8,062,360 Community Development 13,016,568 35,697,807 (22,681,239) Public Works 1,966,296 - 1,966,296 Library 17,103,859 80,110 17,023,749 Total Operating Grants and Contributions 54,392,158$ 47,300,700$ 7,091,458$ Function 2023 2022 Increase (Decrease) General Government -$ 1,158,711$ (1,158,711)$ Public Safety - 47,226 (47,226) Community Development 23,002,551 21,153,573 1,848,978 Public Works 38,999,311 34,833,053 4,166,258 Library - 1,604,110 (1,604,110) Total Capital Grants and Contributions 62,001,862$ 58,796,673$ 3,205,189$ 12 Page 377 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 taxes that caused a significant decrease in residential construction tax and a significant increase in other taxes. There were significant investment gains of $16.4 million in fiscal year 2023 as well as increased property tax receipts of $6.1 million. The significant changes in comparison to the prior fiscal year are identified in the table below. General Revenues Fiscal Year Ended June 30 Revenue Type 2023 2022 Increase (Decrease) Property Taxes 75,655,629$ 69,565,097$ 6,090,532$ Transient Occupancy Taxes 8,830,406 7,418,924 1,411,482 Sales Taxes 103,350,833 102,428,825 922,008 Franchise Taxes 14,432,110 13,852,030 580,080 Business License Taxes 2,017,470 1,979,843 37,627 U tility Users Tax 3,643,465 3,731,224 (87,759) Residential Construction Taxes 166,875 12,481,058 (12,314,183) Other Taxes 16,259,368 - 16,259,368 P roperty Transfer Tax 1,341,179 2,208,125 (866,946) Investment Earnings (Losses) 9,523,650 (6,855,109) 16,378,759 Miscellaneous 11,184,009 21,755,785 (10,571,776) Total General Revenues 246,404,994$ 228,565,802$ 17,839,192$ 13 Page 378 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 Total governmental activity type expenses were $304.0 million in fiscal year 2023. The largest expenses were incurred for General Government, Public Safety, Community Development, and Public Works. These four activities combined account for 93.0% of all general activity expenses. These expenses do not include capital outlays, which are reflected in the City’s capital assets. Business-Type Activities Net position for business-type activities was $478.0 million, an increase of $17.6 million or 3.8% from the prior fiscal year. Total revenues for the business-type activities were $92.8 million, a decrease of $4.2 million or 4.3% from the prior fiscal year. Total program revenues for business-type activities were $80.7 million, a decrease of $3.3 million or 4.0% from prior fiscal year. The program revenues composed primarily of sewer service charges for $49.1 million, development fees for $9.3 million, golf course fees for $3.2 million, and transport enterprise fees for $18.2 million. Total expenses for the business-type activities were $67.2 million, an increase of $9.6 million or 16.7% from the prior fiscal year. The total expenses were mainly related to sewer activities for $40.9 million, development services activities for $10.2 million, golf course activities for $3.2 million, and transport enterprise activities for $11.2 million. The net increase of $9.6 million is primarily related to increases in sewer activities of $7.5 million and development services activities of $2.0 million, with a decrease in transport activities of $0.8 million. 14 Governmental Expenses by Function Community ______ .,,. Development 9% Public Safety 43% Park s and Recreation 2% ____ Library 1% Intere st on Long- Tenn Debt 4% General Government 14% Page 379 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 FUND LEVEL FINANCIAL ANALYSIS As noted earlier, the City uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. Governmental Funds The City uses governmental fund accounting to ensure compliance with budgetary allocations and to maintain control over resources that are legally, or otherwise, restricted for specific purposes. The following is a discussion of the significant changes for the City’s major funds as shown on the balance sheet for governmental funds in the basic financial statements. General Fund – The General Fund is used to account for the general operations of the City. It is used to account for all financial resources, except those required to be accounted for in another fund. The General Fund is always reported as a major fund. For fiscal year 2023, the General Fund reported $247.0 million in revenues and $215.3 million in expenditures. This resulted in revenues over expenditures in the amount of $31.8 million. After accounting for net other financing uses of $19.7 million and the special item of $2.8 million related to the successor agency, the fund balance for the General Fund increased by $9.3 million for the fiscal year. Fiscal year 2023 total revenues had a net increase of $17.1 million or 7.4% from the prior fiscal year primarily due to increases in taxes of $11.4 million and uses for money and property of $6.7 million along with decrease in intergovernmental of $.9 million. Fiscal year 2023 expenditures increased by $10.5 million or 5.1% in comparison to the prior fiscal year with increases in public works of $9.7 million, public safety of $7.8 million, and community development of $3.8 million, along with decreases in parks and recreation of $6.8 million and general government of $6.6 million. Total fund balance as of June 30, 2023, was $149.9 million, composed of $172.8 million in assets offset with $15.5 million in liabilities and $7.5 million in deferred inflows of resources related to unavailable revenues and leases. Total fund balance included $5.3 million of nonspendable amounts, which represents the portion of fund balance that is not available for appropriation. Restricted fund balance totaled $25.7 million, which is restricted for pension related expenditures. Committed fund balance totaled $18.3 million, including $9.7 million committed for economic contingency, $4.2 million committed for a catastrophic event contingency and $4.3 for the Measure A economic contingency reserve. This portion of fund balance includes amounts that can only be used for specific purposes pursuant to constraints imposed by formal action of the City Council and remains binding unless removed in the same manner. Assigned fund balance, totaling $75.7 million, represents the portion of fund balance that includes amounts that are constrained by the government’s intent to be used for specific purposes, but that are neither restricted nor committed. The City Council has delegated its authority to assign fund balance amounts to the City’s Director of Finance. The final component of total fund balance is unassigned fund balance. Unassigned fund balance totaling $24.9 million, represents the portion of fund balance that is available for appropriation for any purpose. Federal, State, and Local Grants Fund – The Federal, State and Local Grants fund is used to account for various grants, such as: Supplemental Law Enforcement Services, California Library Services Act, Public Library Act, asset seizure, local law enforcement block grants, California Recreation grants, Public Safety grants, federal library grants, waste management and recycling, energy conservation, parks and recreation, 15 Page 380 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 social service grants, Gayle McCandliss memorial cultural arts, federal assistance, CDBG program income projects, HOME project, Community Development Block grants and American Rescue Plan Act funding. The Federal, State and Local Grants fund had total revenues of $54.7 million and expenditures of $35.4 million, resulting in revenues over expenditures in the amount of $19.3 million. Revenues were $4.2 million or 8.3% more in comparison to the prior fiscal year mainly due to the increased activities of various federal public safety grants and increased activities in the Millenia: Cinematic Arts Academic Center and Library project. The Federal, State and Local Grants fund balance increased by $16.2 million for the fiscal year, after accounting for net other financing uses of $3.1 million. Total fund balance as of June 30, 2023, was $19.8 million, composed primarily of restricted fund balance, except for the amount classified as nonspendable related to prepaid costs. Housing Successor Agency Fund – The California legislature voted to end redevelopment agencies on January 31, 2012. This fund was created on February 1, 2012, as a result of the dissolution process and was formerly known as the Low- and Moderate-Income Housing Fund. The City opted to become the Successor Agency to the Redevelopment Agency and to the Low- and Moderate-Housing Successor. For fiscal year 2023, this fund had total revenues of $0.5 million composed primarily of unrealized investment gains, property rentals and loan repayments from affordable housing projects. Total fund balance as of June 30, 2023, was $13.6 million, an increase of $0.5 million from the prior fiscal year. Fund balance is composed of restricted fund balance. Development Impact Fee Fund – This fund was established as a depository for various development impact fees (DIFs). The fees are levied against all new development in the City in order to pay for the construction or improvement of public facilities as a result of City growth. Revenues for this fund totaled $23.7 million attributable to building permit fees for new development. Expenditures totaled $10.4 million, of which, $6.8 million were capital expenditures on Recreational Facilities, Library for Eastern Territory, Traffic Signal and Transportation Development projects. Total fund balance for the year increased by $12.0 million or 16.6% from prior fiscal year. At June 30, 2023, fund balance in the amount of $84.3 million was presented as restricted fund balance for various capital projects related to public facilities due to new development. 16 Page 381 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 Proprietary Funds The City’s Sewer Fund is reported as a major fund on the Statement of Net Position for Proprietary Funds in the basic financial statements. Sewer Fund – The Sewer fund is used to account for all activities related to providing sewer services to the residents of Chula Vista. Resources for the fund come primarily from sewer service charges paid for by users of the system. For fiscal year 2023, operating revenues totaled $55.4 million, an increase of $0.5 million or 0.9% from the prior fiscal year. Part of that increase included $6.0 million donated assets from developers. Operating expenses totaled $40.7 million for the fiscal year, with the most significant cost related to the wastewater treatment by the City of San Diego in the amount of $26.8 million. In addition, non-operating revenues netted to $2.1 million, which included unrealized investment revenue of $2.3 million. After accounting for all revenues and expenses, both operating and non-operating, transfers, and restatements, the net position of the fund increased by $13.2 million from prior fiscal year, totaling $293.9 million as of June 30, 2023. Of total net position, $129.4 million represents the City’s net investment in sewer system infrastructures, such as pump stations, sewer lines and other related equipment, therefore, not available to fund the day-to-day operations of the sewer system. Current assets totaled $157.2 million, comprised of $145.5 million in cash and investments, and $11.7 million in receivables. Total liabilities at the end of the fiscal year were $14.4 million, of which $1.9 million were considered current liabilities, with the remainder non-current liabilities primarily related to other post-employment benefits (OPEB) and the Pension Obligation Bonds. The fund had $10.0 million of bonded debt. In addition, the fund reported deferred outflows of resources in the amount of $4.0 million and deferred inflows of resources for $0.5 million related to pension and OPEB costs. Sewer Development Impact Fee Fund – This fund was established as a depository for sewer development impact fees. The fees are levied against all new development in the City in order to pay for the construction or improvement of public sewer facilities as a result of City growth. Operating revenues totaled $0.8 million for the fiscal year. Operating expenses totaled $16,230 for the year, comprised mainly of depreciation expense and administrative costs. In addition, non- operating expenses totaled $0.3 million, which were the interest expense and unrealized investment gains for the year. Net position of the fund was a negative $12.7 million primarily due to an interfund loan and was comprised of $5.4 million in assets and $18.2 million in liabilities (including the interfund loan from the Sewer Fund). Please reference Note 6 of the basic financial statements for additional information on the advances from other funds. Development Services Fund – This fund accounts for revenues and expenses related to the processing of development plans and permits. The fund is comprised of three divisions, Planning, Building, and Engineering, which provide direct services to property owners, developers, and the City as required for the entitlement and/or improvement of property. The services provided encompass most development activities, including land use entitlements; public infrastructure, open space, and landscape planning; public infrastructure construction, grading and building permits. Operating revenues totaled $12.0 million and were primarily comprised of permits and fees. Operating expenses totaled $9.8 million for the year, mostly comprised of personnel service costs. Total non-operating expenses was $0.3 million comprised of interest expense and unrealized investment losses. The sum of all transfers reflects funding to and from other funds for subsidies and overhead expenses. 17 Page 382 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 Net position of the fund was negative $12.1 million for the fiscal year. Current and noncurrent assets totaled $17.9 million for the fiscal year. Current liabilities were $15.4 million and noncurrent liabilities were $21.0 million primarily consisting of liabilities related to bonds, notes, and leases. In addition, the fund also reported deferred outflows of resources in the amount of $7.1 million and deferred inflows of resources for $0.8 million related to pensions and OPEB. Chula Vista Elite Athlete Training Center (CVEATC) Fund – This fund was established to account for the CVEATC’s activities in partnership with Elite Athlete Services, the CVEATC operator. Net position decreased by $0.3 million from the prior year mainly due to depreciation expense and administrative costs. This fund’s primary asset consists of the land and facilities held for the Chula Vista Elite Athlete Training Center in the net amount of $195.3 million. Current liabilities totaled $0.5 million. Net position of the fund was $194.9 million primarily due to the facility contribution from the US Olympic Committee in January 2017. 18 Page 383 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 GENERAL FUND BUDGETARY HIGHLIGHTS The final amended general fund budget totaled $316.9 million including $37.0 million in budget amendments to the originally adopted budget, $23.5 million carried forward for capital improvements and encumbrances of $22.4 million, which will fund contractual obligations and outstanding purchase orders. The budget amendments occurred because of: staffing and organizational changes within various City departments; start of the Chula Vista Bayfront project; American Rescue Plan Act spending plan changes; modification of spending specific to Measure A, the City’s half cent sales tax which funds public safety staffing, and Measure P, the City’s half cent sales tax which funds infrastructure repair or replacement over the next several years; federal grant and other grant appropriations; adoption of labor agreements; transfers out to other funds; and new supplies and services appropriations approved subsequent to budget adoption. The General Fund’s budget amendments of $37.0 million are summarized as follows: Resolution Budget Amendments Expenditure 2022-164 Appropriation for Small Business Grants 250,000$ 2022-170 Personnel Appropriations (Various)1,093,850 2022-189 Personnel Appropriations (Various)1,259,576 2022-190 Charter Update Appropriations (City Clerk)195,000 2022-203 Appropriation for Harborside Park Closure 350,000 2022-216 Personnel Appropriations (Police)156,548 2022-226 Personnel Appropriations (Measure A)115,953 2022-247 Personnel Appropriations (Various)780,308 2022-249 First Quarter Budget Adjustments 6,839,670 2022-257 Measure P & ARPA Transfer (Finance)3,252,384 2022-272 Personnel Appropriations (Various)235,420 2022-284 Personnel Appropriations (Various)8,024 2023-015 Measure P Appropriation (Engineering)550,000 2023-022 Second Quarter Budget Adjustments 13,185,122 2023-023 TOT Revenud/Contract Appropriation (City Attorney)140,000 2023-025 Donation & Grant Appropriation (Parks & Recrecation)17,750 2023-029 Measure A Appropriations (Police)2,343,356 2023-043 Measure P Appropriation (Engineering)250,000 2023-061 Third Quarter Budget Adjustments 620,278 2023-083 Vehicle Appropriation (Animal Care Facility)83,000 2023-157 FY2023 Year-End Budget Adjustments 5,252,257 TOTAL GENERAL FUND BUDGET AMENDMENTS $36,978,496 19 Page 384 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 Revenues – Overall budgeted revenues were $283.4 million, and actuals were $264.7 million resulting in revenues were below budget by $18.8 million. The significant General Fund revenue variances were the following: The Taxes revenue category exceeded budget by a total of $1.5 million. This is primarily due to Sales Tax revenues exceeding budget by $2.5 million, as a result of population growth, increased consumer confidence, and online sales. The City is receiving more revenues due to the Supreme Court decision in the South Dakota vs Wayfair, Inc. case, and recent legislative changes by the California State increasing the collection of sales and use taxes from out-of-state businesses doing business within the state. Cannabis Excise Tax were below budget by a total of $1.0 million, as a result of delays in the opening of cannabis businesses. Intergovernmental revenues were below budget by a total of $0.5 million. Reimbursement from Other Agencies for the City Jail was below budget by $0.7 million due to the termination of the U.S. Marshalls Service contract for intergovernmental detention services. Use of Money and Property revenues exceeded budget by a total of $3.9 million, primarily due to recognition of investment earnings exceeded budget by $2.4 million, rental revenues exceed budget by $1.2 million, and a $1.6 million decrease in the fair value of investments. Miscellaneous revenues were below budget by a total of $0.3 million, primarily due to a decrease in Development Fees. Transfers In were $24.6 million below budget, largely due to reduced American Rescue Plan Act Fund project expenditures for Non-Departmental, Police and Fire Departments. Expenditures – Overall budgeted expenditures were $316.9 million, and actuals were $264.6 million, resulting in under budget expenditures of $52.3 million. The significant General Fund expenditure variances were the following: Capital outlay expenditures were below budget by a total of $26.2 million, which is due to the timing of capital outlay expenditures for multi-year capital projects. Non-capital General Fund expenditures were below budget by a total of $13.0 million. The Police Department was under budget by $0.7 million, Fire Department was under budget by $1.6 million, Public Works Department was under budget by $ 1.0 million, and the Finance Department was under budget by $2.7 million, all primarily from reduced expenditures in the personnel, and supplies and services categories. The Economic Development Department was under budget by $2.5 million due to less than anticipated expenditures for projects under the American Rescue Plan Act Spending Plan. Transfers Out were below budget by a total of $13.2 million. Modifications to scheduled transfers out for the 2021 Pension Obligation Bonds, Section 115 Trust and Bayfront Project allocations were made during the fiscal year. Additionally, staff time reimbursements which are processed via transfers are based on actual costs and may vary. 20 Page 385 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 CAPITAL ASSETS AND DEBT ADMINISTRATION Capital Assets The City’s investment in capital assets for its governmental and business-type activities as of June 30, 2023, amounts to $1,691.6 million, net of accumulated depreciation of $799.3 million. This investment in capital assets includes land, buildings, improvements, machinery and equipment, infrastructure, right-to-use leased assets, and construction in progress. Infrastructure assets are items that are normally immovable and of value only to the City such as roads, bridges, streets and sidewalks, drainage systems, lighting systems and similar items. The total change to the City’s investment in capital assets for the current fiscal year was an increase of $85.7 million, net of accumulated depreciation. Additional information on the City’s capital assets can be found in Note 7 of the basic financial statements. Debt Administration Long Term Debt - At June 30, 2023, the City had $474.7 million in debt outstanding compared to $497.6 million last year, a net decrease of $22.9 million. This was primarily due to bond payable deletions in the amount of $13.6 million, a $8.8 million deletion for pension related debt, and capital lease/finance purchase addition in the amount of $4.0 million. Most of the debt is in the form of pension obligation bonds of $334.7 million, lease revenue bonds of $55.3 million, and certificates of participation of $59.0 million. The remainder of the outstanding long-term debt is in the form of CDBG Section 108 loan, unamortized bond premium, notes payable, and financed purchases. As of June 30, 2021, the City received an AA long-term rating for its 2021 Taxable Pension Obligation Bonds (POBs). At the same time, it was affirmed that the City maintains its AA- rating by Standard & Poor's for the Chula Vista Public Financing Authority Certificates of Participation and Chula Vista Municipal Financing Authority Lease Revenue Bonds, which represents a stable outlook. Additional information on the City's long-term debt obligations can be found in note 8 of the basic financial statements. ECONOMIC FACTORS AND NEXT YEAR’S BUDGET Property Assessed Valuation and Tax According to the County of San Diego Assessors’ Office, the City’s total property assessed valuation (both secured and unsecured) for 2023 was $38,066.5 million. This was an increase of $2,866.2 million, or 8.1% over the 2022 property assessed valuation. It should be noted that assessed value was set as of January 1 each year. Actual current secured property tax revenues for fiscal year 2023 totaled $41.2 million, which is $3.3 million more than collected in the prior year. 21 Page 386 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 Building Activity The valuation of all building and related permits totaled $444.2 million for fiscal year 2023. This is approximately 9.8% less than the valuation of $492.8 million for these permit categories in the prior fiscal year. Building Permit Valuation Fiscal Year Ended June 30 The issuance of building permits is a result of several different factors, the largest of which are market based. Permits are not pulled unless there is sufficient demand in the market, or the builders are able to sell the homes for a sufficient price to cover costs and a profit margin. The other factor impacting the issuance of building permits is the development timeline, and whether the developers have all the necessary approvals in place to move forward with construction. Local Economy According to the Beacon Economics report prepared for the City of Chula Vista: [T]he U.S. economy is stronger today than it was a year ago. GDP growth is solid, job growth continues, industrial production remains near record-high levels, profits and wages are rising, and national debt markets are showing little sign of stress. Despite current strength, Beacon Economics is less optimistic today than we were 12 months ago. The Fed’s excessive $5 trillion in quantitative easing and the 40% jump in the money supply that resulted, created massive government deficits and a large asset bubble. The national economy has weathered rising interest rates over the last year largely because of these imbalances, but they also imply that inflationary pressures are not behind us and more Fed tightening is ahead. The sharp rise in the cost of capital is causing signs of stress, particularly in the real estate industry. But that stress has not spread to the debt markets as lending institutions continue to have record-low delinquencies. Locally, the City’s fiscal outlook remains positive, demonstrated by the continued economic growth, infrastructure investments, and commercial and residential development throughout the City. The City continues to make substantial progress on major City projects, including the Gaylord Pacific Hotel and Convention Center on the Chula Vista Bayfront and the University and Innovation District in East Chula Vista. Despite the positive outlook, the City continues to closely monitor the state of the economy as a risk of recession continues to loom. According to the U.S. Bureau of Labor Statistics, the seasonally unadjusted unemployment rate in San Diego County was 4.0% in June 2023, which is higher than the 3.4% rate recorded one year ago in June 2022. The regional unemployment rate for June 2023 remained lower than the California state’s rate of Permit Category 2023 2022 Change $ Change % Residential 262,959,081$ 248,217,310$ 14,741,771$ 5.9% Non-Residential 47,576,822 133,873,850 (86,297,029) -64.5% Additions & Alterations 129,321,240 110,453,571 18,867,668 17.1% Demolitions 4,377,994 205,890 4,172,105 2026.4% Total 444,235,137$ 492,750,621$ (48,515,484)$ -9.8% 22 Page 387 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 4.6% and was higher than the national unemployment rate of 3.6%. The City’s unemployment rate increased from the prior year, 4.2% in June 2023 in comparison to 4.0% in June 2022. The consumer price index for the greater San Diego area showed an increase of 6.7% for the calendar year 2022, which is higher than the 5.2% rate for calendar year 2021. Consumer price index information for the San Diego area is only released twice each year, June and December. The consumer price index for the first half of calendar year 2022 increased at an annual rate of 8.1%, whereas the second half of the year showed a rate increase of 7.3%, resulting in the overall total rate for the year of 7.7%. For the first half of calendar year 2023, the rate increased at a higher annual rate of 5.5%. In June 2023, the region’s housing market reported 2,495 existing single-family homes sold. On average, single-family homes in the region were on the market for 24 days in June 2023, an increase of 4 days of market time in comparison to June 2022. The median price for the region in June 2022 was $1,000,000, an increase of 2.5% compared to one year ago, when the median price was $987,225. The table below presents the City’s five zip codes median listing price for single-family homes comparing data for June 2023 and June 2022. The information was obtained from Zillow Inc, a company that tracks and analyzes real estate markets. Data for June 2023 Compared to June 2022 In fiscal year 2022, the City of Chula Vista and the Port of San Diego successfully secured $275 million in public bond funding for construction on the Chula Vista bayfront, enabling the flagship Gaylord Pacific Resort and Convention Center project to break ground. The developed Chula Vista bayfront is expected to have an enormous impact on the City and the San Diego region, attracting visitors from throughout the State of California and beyond. The developed bayfront will raise the City’s quality of life, with new parks and coastal access, and amenities for all to enjoy. The construction project is anticipated to create 3,580 jobs and once open is expected to have an economic impact of half-a-billion dollars each year and produce 4,000 permanent jobs. Fiscal Year 2024 Budget The City ended the fiscal year 2023 with an unassigned fund balance of $24.9 million and a committed fund balance of $18.3 million, including $9.7 million for an Economic Contingency Reserve and $4.2 million for a Catastrophic Events Contingency Reserve within the General Fund and a $4.3 million Economic Contingency Reserve within the Measure A Sales Tax Fund. Assigned fund balance included $25.1 million related to capital projects funded by Measure P sales tax as well as $44.8 million related to Measure A sales tax. Zip Code Locale 2023 2022 Percent Change 91910 North 756,779$ 784,927$ -3.6% 91911 South 693,256 714,890 -3.0% 91913 Eastlake 829,168 875,025 -5.2% 91914 Northeast 1,053,049 1,100,793 -4.3% 91915 Southeast 805,191 850,700 -5.3% Single-Family Home Median Price 23 Page 388 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MANAGEMENT’S DISCUSSION AND ANALYSIS For the Fiscal Year Ended June 30, 2023 In May 2023, the Chula Vista City Council adopted the fiscal year 2024 budget which provides $543.9 million in appropriations to fund all City activities. The General Fund budget total is $258.2 million. The City continues to adopt a one-year budget. Based on information received from the San Diego County Assessor, Chula Vista’s projected change in total assessed value for fiscal year 2024 is 6.7% higher when compared to fiscal year 2023 total assessed values. REQUESTS FOR INFORMATION This financial report is designed to provide a general overview of the City’s finances for all of its citizens, taxpayers, customers, investors and creditors. Questions concerning any of the information provided in this report or requests for additional information should be addressed to the City of Chula Vista, Finance Department, 276 Fourth Avenue, Chula Vista, California 91910. 24 Page 389 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda BASIC FINANCIAL STATEMENTS 25 Page 390 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        26 CITY OF CHULA VISTA Page 391 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda GOVERNMENT-WIDE FINANCIAL STATEMENTS 27 Page 392 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        28 CITY OF CHULA VISTA Page 393 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF NET POSITION JUNE 30, 2023 Governmental Business-Type Activities Activities Total ASSETS Cash and investments 421,398,523$ 171,059,037$ 592,457,560$ Restricted assets: Cash and investments 7,735,990 - 7,735,990 Cash with fiscal agent 24,965,589 - 24,965,589 Receivables: Accounts 7,011,230 23,556,058 30,567,288 Taxes 25,081,739 - 25,081,739 Accrued interest 2,573,922 888,049 3,461,971 Deferred loans 60,811,053 - 60,811,053 Successor Agency 2,015,766 - 2,015,766 Leases 184,542 - 184,542 Due from other governments 13,530,797 9,544 13,540,341 Advances to Successor Agency of Chula Vista RDA 2,291,340 - 2,291,340 Internal balances 2,348,567 (2,348,567) - Inventories - 123,078 123,078 Prepaid costs 1,164,525 39,639 1,204,164 Capital assets not being depreciated 638,766,740 191,578,703 830,345,443 Capital assets, net of depreciation 724,002,643 137,212,511 861,215,154 Total Assets 1,933,882,966 522,118,052 2,456,001,018 DEFERRED OUTFLOWS OF RESOURCES Pension related 112,718,795 14,491,142 127,209,937 OPEB related 5,594,318 930,835 6,525,153 Deferred charge on refunding 3,277,412 - 3,277,412 Total Deferred Outflows of Resources 121,590,525 15,421,977 137,012,502 LIABILITIES Accounts payable 14,190,234 1,760,460 15,950,694 Accrued liabilities 7,437,591 831,141 8,268,732 Retention payable 2,241,887 74,851 2,316,738 Accrued interest payable 1,813,554 67,799 1,881,353 Deposits payable 2,834,555 13,508,640 16,343,195 Unearned revenue 48,025,429 422,534 48,447,963 Noncurrent liabilities: Due within one year: Bonds, notes, leases, subscriptions and financed purchases 23,200,503 1,840,605 25,041,108 Compensated absences 7,064,514 665,155 7,729,669 Claims and judgments 4,000,000 - 4,000,000 Due in more than one year: Net pension liability 46,805,765 6,707,998 53,513,763 Total OPEB liability 23,751,795 3,952,047 27,703,842 Bonds, notes, leases, subscriptions and financed purchases 424,201,940 27,626,006 451,827,946 Compensated absences 2,830,048 321,087 3,151,135 Claims and judgments 34,077,873 - 34,077,873 Total Liabilities 642,475,688 57,778,323 700,254,011 DEFERRED INFLOWS OF RESOURCES Leases related 184,542 - 184,542 Pension related 14,000,257 1,302,537 15,302,794 OPEB related 2,984,608 496,607 3,481,215 Total Deferred Inflows of Resources 17,169,407 1,799,144 18,968,551 NET POSITION Net investment in capital assets 1,228,680,322 325,567,886 1,554,248,208 Restricted for: Community development 11,468,857 - 11,468,857 Public works 73,367,120 - 73,367,120 Capital projects 134,996,123 - 134,996,123 Debt service 5,709,798 - 5,709,798 Low-mod income housing 13,590,518 - 13,590,518 Grants 19,762,071 - 19,762,071 Section 115 trust for pension 25,673,596 - 25,673,596 Other 2,795,056 - 2,795,056 Unrestricted (120,215,065) 152,394,676 32,179,611 Total Net Position 1,395,828,396$ 477,962,562 1,873,790,958$ Primary Government The notes to financial statements are an integral part of this statement.29 Page 394 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF ACTIVITIES FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Operating Capital Total Charges for Contributions Contributions Program Expenses Services and Grants and Grants Revenues FUNCTIONS/PROGRAMS: Primary Government: Governmental Activities: General government 43,199,148$ 1,943,828$ 6,567,164$ -$ 8,510,992$ Public safety 130,847,798 8,933,510 15,738,271 - 24,671,781 Community development 25,674,814 9,647,486 13,016,568 23,002,551 45,666,605 Public works 81,289,367 30,697,778 1,966,296 38,999,312 71,663,386 Parks and recreation 5,783,062 2,479,537 - - 2,479,537 Library 3,749,853 604,712 17,103,859 - 17,708,571 Interest on long-term debt 13,400,138 - - - - Total Governmental Activities 303,944,180 54,306,851 54,392,158 62,001,863 170,700,872 Business-Type Activities: Sewer Fund 40,934,038 49,117,788 - - 49,117,788 Sewer Development Impact Fees 387,959 832,475 - - 832,475 Development Services Fund 10,155,101 9,298,438 - - 9,298,438 CV Elite Athlete Training Ctr 1,219,972 - - - - Bayfront Trolley Station 11 - - - - Transit Fund 8,483 - - - - Chula Vista Muni Golf Course 3,173,834 3,214,664 - - 3,214,664 Transport Enterprise 11,191,576 18,224,005 - - 18,224,005 Living Coast Discovery Center 172,989 - - - - Total Business-Type Activities 67,243,963 80,687,370 - - 80,687,370 Total Primary Government 371,188,143$ 134,994,221 54,392,158 62,001,863 251,388,242 GENERAL REVENUES Taxes: Property taxes, levied for general purpose Transient occupancy taxes Sales taxes Franchise taxes Business licenses taxes Utility users tax Residential construction tax Property transfer tax Other taxes Investment Income Miscellaneous Gain (Loss) on sale of capital asset SPECIAL ITEM TRANSFERS Total General Revenues and Transfers Change in Net Position NET POSITION - BEGINNING Restatement Net Position - Beginning, as restated NET POSITION - ENDING Program Revenues The notes to financial statements are an integral part of this statement.3030 Page 395 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Primary Government Governmental Business-Type Activities Activities Total (34,688,156)$ -$ (34,688,156)$ (106,176,017) - (106,176,017) 19,991,791 - 19,991,791 (9,625,981) - (9,625,981) (3,303,525) - (3,303,525) 13,958,718 - 13,958,718 (13,400,138) - (13,400,138) (133,243,308) - (133,243,308) - 8,183,750 8,183,750 - 444,516 444,516 - (856,663) (856,663) - (1,219,972) (1,219,972) - (11) (11) - (8,483) (8,483) - 40,830 40,830 - 7,032,429 7,032,429 - (172,989) (172,989) - 13,443,407 13,443,407 (133,243,308) 13,443,407 (119,799,901) 75,655,629 - 75,655,629 8,830,406 - 8,830,406 103,350,833 - 103,350,833 14,432,110 - 14,432,110 2,017,470 - 2,017,470 3,643,465 - 3,643,465 166,875 - 166,875 1,341,179 - 1,341,179 16,259,368 16,259,368 9,523,650 2,319,648 11,843,298 11,184,009 9,730,345 20,914,354 (296,411) 70,150 (226,261) (2,765,896) - (2,765,896) 7,965,818 (7,965,818) - 251,308,505 4,154,325 255,462,830 118,065,197 17,597,732 135,662,929 1,260,494,773 460,254,402 1,720,749,175 17,268,426 110,428 17,378,854 1,277,763,199 460,364,830 1,738,128,029 1,395,828,396$ 477,962,562 1,873,790,958 Net (Expenses) Revenues and Changes in Net Position The notes to financial statements are an integral part of this statement.31 Page 396 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        32 CITY OF CHULA VISTA Page 397 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda FUND FINANCIAL STATEMENTS 33 Page 398 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        34 CITY OF CHULA VISTA Page 399 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda GOVERNMENTAL FUND FINANCIAL STATEMENTS 35 Page 400 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA BALANCE SHEET GOVERNMENTAL FUNDS JUNE 30, 2023 Capital Projects Fund General Federal, State, and Local Grants Housing Successor Agency Development Impact Funds ASSETS Cash and investments 106,084,010$ 63,623,416$ 12,110,391$ 84,369,394$ Receivables: Accounts (net of allowance for uncollectibles)5,283,588 372,909 - 928,210 Taxes 23,282,882 - - - Accrued interest 843,372 279,351 113,898 465,763 Deferred loans (net of allowance for uncollectibles)- 24,234,526 25,721,711 3,560,002 Successor Agency 2,015,766 Leases 184,542 - - - Due from other governments 1,527,170 10,511,973 - - Due from other funds 2,318,829 - - - Prepaid costs 670,922 32,542 - - Advances to other funds 2,340,621 - - - Advances to Successor Agency of Chula Vista RDA 2,291,340 - - - Restricted assets: Cash and investments 6,859,745 - 876,245 - Cash and investments with fiscal agents 19,132,300 - -- Total Assets 172,835,087$ 99,054,717$ 38,822,245$ 89,323,369$ LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE Liabilities: Accounts payable 5,788,597$ 1,747,670$ 32$ 251,608$ Retentions payable 1,261,526 247,698 - 1,793 Accrued liabilities 7,028,739 310,085 - - Deposits payable 1,430,510 - - - Due to other funds - - - - Unearned revenues - 47,779,603 - - Total Liabilities 15,509,372 50,085,056 32 253,401 Deferred Inflows of Resources: Unavailable revenues 7,268,716 29,207,589 25,231,695 4,752,356 Related to leases 184,542 - - - Total Deferred Inflows of Resources 7,453,258 29,207,589 25,231,695 4,752,356 Fund Balances: Nonspendable 5,302,883 32,542 - - Restricted 25,673,596 19,729,530 13,590,518 84,317,612 Committed 18,253,033 - - - Assigned 75,747,000 - - - Unassigned (deficit)24,895,945 - - - Total Fund Balances 149,872,457 19,762,072 13,590,518 84,317,612 TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE Special Revenue Funds 172,835,087$ 89,323,369$ 38,822,245$ 99,054,717$ The notes to financial statements are an integral part of this statement.36 Page 401 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA BALANCE SHEET GOVERNMENTAL FUNDS JUNE 30, 2023 ASSETS Cash and investments Receivables: Accounts (net of allowance for uncollectibles) Taxes Accrued interest Deferred loans (net of allowance for uncollectibles) Successor Agency Leases Due from other governments Due from other funds Prepaid costs Advances to other funds Advances to Successor Agency of Chula Vista RDA Restricted assets: Cash and investments Cash and investments with fiscal agents Total Assets LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE Liabilities: Accounts payable Retentions payable Accrued liabilities Deposits payable Due to other funds Unearned revenues Total Liabilities Deferred Inflows of Resources: Unavailable revenues Related to leases Total Deferred Inflows of Resources Fund Balances: Nonspendable Restricted Committed Assigned Unassigned (deficit) Total Fund Balances TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE Other Governmental Funds Total Governmental Funds 143,020,064$ 409,207,275$ 391,631 6,976,338 1,798,857 25,081,739 867,589 2,569,973 7,294,814 60,811,053 2,015,766 - 184,542 1,491,523 13,530,666 - 2,318,829 458,366 1,161,830 - 2,340,621 - 2,291,340 -7,735,990 5,833,277 24,965,577 161,156,121$ 561,191,539$ 6,004,166$ 13,792,073$ 730,870 2,241,887 48,122 7,386,946 1,404,045 2,834,555 1,867,024 1,867,024 245,826 48,025,429 10,300,053 76,147,914 9,265,781 75,726,137 - 184,542 9,265,781 75,910,679 458,366 5,793,791 143,560,975 286,872,231 - 18,253,033 - 75,747,000 (2,429,054) 22,466,891 141,590,287 409,132,946 561,191,539$ 161,156,121$ The notes to financial statements are an integral part of this statement.37 Page 402 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        38 CITY OF CHULA VISTA Page 403 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA RECONCILIATION OF THE BALANCE SHEET OF GOVERNMENTAL FUNDS TO THE STATEMENT OF NET POSITION JUNE 30, 2023 Amounts reported for governmental activities in the statement of net position are different because: Total fund balances - governmental funds 409,132,946$ 1,361,921,091 Deferred outflows - pension related 111,662,957$ Deferred outflows - OPEB related 5,535,809 Deferred inflows - pension related (13,905,353) Deferred inflows - OPEB related (2,953,393) Total deferred outflows and inflows related to postemployment benefits 100,340,020 75,726,137 10,531,058 Bonds payable (114,230,000) Private placement notes (6,225,594) Pension-related debt (306,654,012) Financed purchases (7,911,814) Leases (442,467) Subscription assets (1,283,006) Compensated absences (9,817,024) Claims (38,077,873) Net OPEB liability (23,503,381) Net pension liability (46,317,015) Accrued interest payable on long-term debt (1,810,241) Total long-term liabilities (556,272,427) Deferred amount on refunding 3,277,412 Premium on bonds payable (8,827,841) Total premiums, discounts, and deferred items (5,550,429) Net Position of Governmental Activities 1,395,828,396$ Capital assets used in governmental activities (less internal service fund allocations) are not financial resources and, therefore, are not reported in the funds. Other long-term assets that are not available to pay for current period expenditures and, therefore, are either deferred or not reported in the funds. (Note 2A). Internal service funds are used by management to charge the cost of fleet management, technology replacement, and workers' compensation to individual funds. The assets, deferred outflows of resources, liabilities, and deferred inflows of resources of the internal service funds are included in governmental activities in the statement of net position. Long-term liabilities that are not due and payable in the current period, and therefore, are not reported in the funds. Governmental funds report the effect of premiums, discounts, and refundings and similar items when debt is first issued, whereas these amounts are deferred and amortized in the statement of Differences between expected and actual experiences, assumption changes, net differences between projected and actual earnings, and contributions subsequent to the measurement date for the postretirement benefits (pension and OPEB) are recognized as deferred outflows of resources and deferred inflows of resources on the statement of net position. The notes to financial statements are an integral part of this statement.39 Page 404 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE GOVERNMENTAL FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Capital Projects Fund General Federal, State, and Local Grants Housing Successor Agency Development Impact Funds Revenues: Taxes 212,614,369$ -$ -$ -$ License and permits 1,918,964 - - - Intergovernmental 1,599,601 51,239,393 - - Charges for service 16,801,888 1,859,196 - 384,808 Use of money and property (investment losses)5,782,553 797,360 388,235 930,216 Fines and forfeitures 1,084,498 - - - Developer participation 1,226,903 26,554 - 22,343,828 Miscellaneous 6,013,634 799,473 143,489 - Total Revenues (net losses)247,042,410 54,721,976 531,724 23,658,852 Expenditures: Current: General government 34,522,104 3,328,209 - - Public safety 108,831,059 8,534,113 - - Community development 7,551,180 11,722,729 4,739 3,370,944 Parks and recreation 4,837,182 - - - Public works 30,159,039 1,087,864 - - Library 3,446,182 32,335 - - Capital outlay 24,639,805 10,701,425 - 6,754,602 Debt service: Principal retirement 1,165,140 - - 67,902 Interest and fiscal charges 110,183 - - 187,896 Total Expenditures 215,261,874 35,406,675 4,739 10,381,344 Excess (Deficiency) Revenues over Expenditures 31,780,536 19,315,301 526,985 13,277,508 Other Financing Sources (Uses): Transfers in 16,144,177 491,287 - - Transfers out (36,259,182) (3,595,097) (5,262) (5,276,292) Subscription-based IT arrangement 404,808 - - - Financed Purchase - - - 3,986,967 Total Other Financing Sources (Uses)(19,710,197) (3,103,810) (5,262) (1,289,325) Special item (2,765,896) - - - Net Change in Fund Balance 9,304,443 16,211,491 521,723 11,988,183 Fund Balances - Beginning 140,568,014 3,550,581 13,068,795 72,329,429 Restatements - - - - Fund Balances - Beginning as Restated 140,568,014 3,550,581 13,068,795 72,329,429 Fund Balances (Deficit) - Ending 149,872,457$ 19,762,072$ 13,590,518$ 84,317,612$ Special Revenue Funds The notes to financial statements are an integral part of this statement.40 Page 405 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE GOVERNMENTAL FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Revenues: Taxes License and permits Intergovernmental Charges for service Use of money and property (investment losses) Fines and forfeitures Developer participation Miscellaneous Total Revenues (net losses) Expenditures: Current: General government Public safety Community development Parks and recreation Public works Library Capital outlay Debt service: Principal retirement Interest and fiscal charges Total Expenditures Excess (Deficiency) Revenues over Expenditures Other Financing Sources (Uses): Transfers in Transfers out Subscription-based IT arrangement Financed Purchase Total Other Financing Sources (Uses) Special item Net Change in Fund Balance Fund Balances - Beginning Restatements Fund Balances - Beginning as Restated Fund Balances (Deficit) - Ending Other Governmental Funds Total Governmental Funds 166,875$ 212,781,244$ 42,100 1,961,064 16,893,767 69,732,761 20,986,296 40,032,188 1,600,720 9,499,084 513,887 1,598,385 4,847,874 28,445,159 1,706,434 8,663,030 46,757,953 372,712,915 1,344,217 39,194,530 64,978 117,430,150 1,666,396 24,315,988 8 4,837,190 14,962,763 46,209,666 - 3,478,517 19,929,934 62,025,766 21,228,511 22,461,553 12,776,124 13,074,203 71,972,931 333,027,563 (25,214,978) 39,685,352 42,230,391 58,865,855 (6,003,292) (51,139,125) - 404,808 - 3,986,967 36,227,099 12,118,505 - (2,765,896) 11,012,121 49,037,961 129,933,409 359,450,228 644,757 644,757 130,578,166 360,094,985 141,590,287$ 409,132,946$ The notes to financial statements are an integral part of this statement.41 Page 406 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        42 CITY OF CHULA VISTA Page 407 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA RECONCILIATION OF THE STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES OF GOVERNMENTAL FUNDS TO THE STATEMENT OF ACTIVITIES FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Amounts reported for governmental activities in the statement of activities are different because: Net change in fund balances - total governmental funds 49,037,961$ 23,832,311 1,447,745 Donation of capital assets 38,999,311$ Loss on disposal of capital assets (344,767) 38,654,544 Financed purchases (3,986,966) Subscription issued (404,808) Principal paid on leases 241,346 Principal paid on subscription assets 841,929 Principal paid on bonds payable 12,110,000 Principal paid on pension-related debt 8,057,427 Principal paid on private placement notes 2,769,433 Principal paid on financed purchases 876,134 20,504,496 517,146 Accrued interest on long-term debt 40,117 Amortization of bond premiums and discounts 1,486,612 Amortization of deferred amounts on refunding (324,009) Compensated absences and claims (7,353,683) Changes in pension liabilities and related deferred outflows and inflows of resources (8,027,076) Changes in OPEB liabilities and related deferred outflows and inflows of resources (1,750,966) (15,929,005) Change in Net Position of Governmental Activities $ 118,065,197 Governmental funds report capital outlays as expenditures. However, in the statement of activites, the cost of these assets is allocated over their estimated useful lives and reported as depreciation expense. This is th amount by which capital outlays exceeded depreciation expense in the current period. (Note 2B). Revenues in the statement of activities that do not provide current financial resources are not reported as revenues in the funds. The net effect of various miscellaneous transactions involving capital assets (i.e., sales, trade-ins, and donations) is to increase net position. Bond and other debt proceeds provide current financial resources to governmental funds, but issuing debt increases long-term liabilities in the statement of net position. Repayment of bond and other debt principal is an expenditure in the governmental funds, but repayment reduces long-term liabilities in the statement of net position. Also, governmental funds report the effect of premiums, discounts, and similar items when debt is first issued, whereas these amounts are deferred and amortized in the statement of activities. The internal service funds are used by management to charge the costs of fleet management, technology replacement, and workers' compensation to individual funds. The net revenue of certain activities of internal service funds is reported with governmental activities. Some expenses reported in the statement of activities do not require the use of current financial resources and, therefore, are not reported as expenditures in the governmental funds. The notes to financial statements are an integral part of this statement.43 Page 408 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        44 CITY OF CHULA VISTA Page 409 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda PROPRIETARY FUND FINANCIAL STATEMENTS 45 Page 410 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF NET POSITION PROPRIETARY FUNDS JUNE 30, 2023 Sewer Fund Sewer Development Impact Fees Development Services Fund CV Elite Athlete Training Ctr ASSETS Current Assets: Cash and investments 145,472,696$ 5,218,544$ 17,079,605$ -$ Cash with fiscal agent 65 - 106 - Receivables: Accounts (net of allowance for uncollectibles)10,870,165 - 10,290 9,370 Accrued interest 789,426 31,055 39,973 - Due from other governments 9,387 - 157 - Prepaid costs 14,659 - 24,044 - Inventories - - - - Total Current Assets 157,156,398 5,249,599 17,154,175 9,370 Noncurrent Assets: Advances to other funds 18,174,656 - - - Capital assets: Land - - - 180,677,144 Construction in progress 10,212,558 90,342 - - Buildings and structures - - - 17,027,588 Machinery and equipment 9,013,242 - 297,601 - Infrastructure 268,420,364 121,387 - - Lease asset 97,658 - 780,318 - Less accumulated depreciation/amortization (158,304,706) (24,318) (329,016) (2,361,726) Total Noncurrent Assets 147,613,772 187,411 748,903 195,343,006 Total Assets 304,770,170 5,437,010 17,903,078 195,352,376 DEFERRED OUTFLOWS OF RESOURCES Pension deferred outflows 3,761,670 - 6,800,796 - OPEB deferred outflows 255,315 - 340,419 - Total Deferred Outflows of Resources 4,016,985 - 7,141,215 - LIABILITIES Current Liabilities: Accounts payable 692,685 - 556,762 29,186 Accrued liabilities 200,445 - 306,475 - Accrued interest payable 18,182 - 38,203 - Accrued compensated absences 240,284 - 225,663 - Retentions payable 20,252 - 54,599 - Unearned revenue 422,534 - -- Deposits payable - - 13,508,640 - Due to other funds - - - 451,805 Bonds, notes, subscriptions, and financed purchases 276,071 - 661,533 - Total Current Liabilities 1,870,453 - 15,351,875 480,991 Noncurrent Liabilities: Advances from other funds - 18,174,656 - - Accrued compensated absences 30,707 - 265,410 - Net pension liability 1,741,291 - 3,148,111 - Net OPEB liability 1,083,990 - 1,445,320 - Bonds, notes, subscriptions, and financed purchases 9,674,968 - 16,117,788 - Total Noncurrent Liabilities 12,530,956 18,174,656 20,976,629 - Total Liabilities 14,401,409 18,174,656 36,328,504 480,991 DEFERRED INFLOWS OF RESOURCES Pension deferred inflows 338,119 - 611,290 - OPEB deferred inflows 136,212 - 181,616 - Total Deferred Inflows of Resources 474,331 - 792,906 - NET POSITION (DEFICIT) Net investment in capital assets 129,428,086 187,411 272,856 195,343,006 Unrestricted 164,483,329 (12,925,057) (12,349,973) (471,621) Total Net Position (Deficit)293,911,415$ (12,737,646)$ (12,077,117)$ 194,871,385$ Business-Type Activities - Enterprise Funds The notes to financial statements are an integral part of this statement.46 Page 411 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF NET POSITION PROPRIETARY FUNDS JUNE 30, 2023 ASSETS Current Assets: Cash and investments Cash with fiscal agent Receivables: Accounts (net of allowance for uncollectibles) Accrued interest Due from other governments Prepaid costs Inventories Total Current Assets Noncurrent Assets: Advances to other funds Capital assets: Land Construction in progress Buildings and structures Machinery and equipment Infrastructure Lease asset Less accumulated depreciation/amortization Total Noncurrent Assets Total Assets DEFERRED OUTFLOWS OF RESOURCES Pension deferred outflows OPEB deferred outflows Total Deferred Outflows of Resources LIABILITIES Current Liabilities: Accounts payable Accrued liabilities Accrued interest payable Accrued compensated absences Retentions payable Unearned revenue Deposits payable Due to other funds Bonds, notes, subscriptions, and financed purchases Total Current Liabilities Noncurrent Liabilities: Advances from other funds Accrued compensated absences Net pension liability Net OPEB liability Bonds, notes, subscriptions, and financed purchases Total Noncurrent Liabilities Total Liabilities DEFERRED INFLOWS OF RESOURCES Pension deferred inflows OPEB deferred inflows Total Deferred Inflows of Resources NET POSITION (DEFICIT) Net investment in capital assets Unrestricted Total Net Position (Deficit) Adjustment to report the cumulative internal balance for the net effect of the activity between the internal service funds and the enterprise funds over time (Note 2C) Net Position of Business-Type Activities Governmental Activities Other Enterprise Funds Totals Internal Service Funds 2,423,472$ 170,194,317$ 12,191,248$ 864,549 864,720 12 12,666,233 23,556,058 34,892 27,595 888,049 3,949 - 9,544 131 936 39,639 2,695 123,078 123,078 - 16,105,863 195,675,405 12,232,927 - 18,174,656 - 598,659 181,275,803 - - 10,302,900 - 727,553 17,755,141 - 4,644,202 13,955,045 5,534,682 - 268,541,751 - - 877,976 - (2,897,636) (163,917,402) (4,686,390) 3,072,778 346,965,870 848,292 19,178,641 542,641,275 13,081,219 3,928,676 14,491,142 1,055,838 335,101 930,835 58,509 4,263,777 15,421,977 1,114,347 481,827 1,760,460 398,161 324,221 831,141 50,645 11,414 67,799 3,313 199,208 665,155 19,490 - 74,851 - - 422,534 - - 13,508,640 - - 451,805 - 903,001 1,840,605 49,170 1,919,671 19,622,990 520,779 2,340,621 20,515,277 - 24,970 321,087 58,048 1,818,596 6,707,998 488,750 1,422,737 3,952,047 248,414 1,833,250 27,626,006 1,778,539 7,440,174 59,122,415 2,573,751 9,359,845 78,745,405 3,094,530 353,128 1,302,537 94,904 178,779 496,607 31,215 531,907 1,799,144 126,119 336,527 325,567,886 848,292 13,214,139 151,950,817 10,126,625 13,550,666$ 477,518,703$ 10,974,917$ 443,859 477,962,562$ Business-Type Activities - Enterprise Funds The notes to financial statements are an integral part of this statement.47 Page 412 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 Sewer Fund Sewer Development Impact Fees Development Services Fund CV Elite Athlete Training Ctr OPERATING REVENUES Sales and service charges 49,117,788$ 832,475$ 9,298,438$ -$ Interdepartmental charges - - - - Other 6,256,979 - 2,680,785 792,581 Total Operating Revenues 55,374,767 832,475 11,979,223 792,581 OPERATING EXPENSES Administration and general 34,435,906 13,189 9,571,193 882,826 Depreciation/amortization expense 6,289,202 3,041 209,453 337,146 Total Operating Expenses 40,725,108 16,230 9,780,646 1,219,972 Operating Income (Loss)14,649,659 816,245 2,198,577 (427,391) NONOPERATING REVENUES (EXPENSES) Investment earnings (loss)2,257,962 57,437 101,311 (6,562) Interest expense (228,822) (371,729) (383,688) - Gain on disposal of capital assets 70,150 - - - Total Nonoperating Revenues (Expenses)2,099,290 (314,292) (282,377) (6,562) Income (Loss) Before Transfers 16,748,949 501,953 1,916,200 (433,953) Transfers in 53,806 - 871,730 126,526 Transfers out (3,565,640) - (2,393,036) (31,280) Change in Net Position 13,237,115 501,953 394,894 (338,707) NET POSITION (DEFICIT) - BEGINNING 280,634,258 (13,239,599) (12,542,397) 195,210,092 Restatements 40,042 - 70,386 - Net Position - Beginning, as Restated 280,674,300 (13,239,599) (12,472,011) 195,210,092 NET POSITION (DEFICIT) - ENDING 293,911,415$ (12,737,646)$ (12,077,117)$ 194,871,385$ Business-Type Activities - Enterprise Funds The notes to financial statements are an integral part of this statement.48 Page 413 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 OPERATING REVENUES Sales and service charges Interdepartmental charges Other Total Operating Revenues OPERATING EXPENSES Administration and general Depreciation/amortization expense Total Operating Expenses Operating Income (Loss) NONOPERATING REVENUES (EXPENSES) Investment earnings (loss) Interest expense Gain on disposal of capital assets Total Nonoperating Revenues (Expenses) Income (Loss) Before Transfers Transfers in Transfers out Change in Net Position NET POSITION (DEFICIT) - BEGINNING Restatements Net Position - Beginning, as Restated NET POSITION (DEFICIT) - ENDING Adjustment for the net effect of the current year activity between the internal service funds and the enterprise funds Change in Net Position of Business-Type Activities Governmental Activities Other Enterprise Funds Totals Internal Service Funds 21,438,669$ 80,687,370$ 125,551$ - - 9,647,566 - 9,730,345 404,262 21,438,669 90,417,715 10,177,379 13,527,204 58,430,318 9,702,864 945,179 7,784,021 184,900 14,472,383 66,214,339 9,887,764 6,966,286 24,203,376 289,615 (90,500) 2,319,648 24,564 (87,817) (1,072,056) (42,045) - 70,150 48,356 (178,317) 1,317,742 30,875 6,787,969 25,521,118 320,490 231,762 1,283,824 321,760 (3,259,685) (9,249,641) (82,673) 3,760,046 17,555,301 559,577 9,790,620 10,415,340 - - 9,790,620 10,415,340 13,550,666$ 10,974,917$ 42,431 17,597,732$ Business-Type Activities - Enterprise Funds The notes to financial statements are an integral part of this statement.49 Page 414 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF CASH FLOWS PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 Sewer Fund Sewer Development Impact Fees Development Services Fund CV Elite Athlete Training Ctr CASH FLOWS FROM OPERATING ACTIVITIES Cash received from customers and users 55,604,478$ 832,475$ 12,231,980$ 882,286$ Cash received from interfund service provided - - - - Cash paid to suppliers for goods and services (29,231,208) (13,189) (1,513,188) (886,111) Cash paid to employees for services (4,486,331) - (7,318,719) - Cash received from others 40,042 - 70,386 - Net Cash Provided by (Used for) Operating Activities 21,926,981 819,286 3,470,459 (3,825) CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES Cash transfers in 203,806 - 871,730 126,526 Cash transfers out (3,715,640) - (2,393,034) (31,280) Cash received from interfund borrowings - - - - Interest paid on interfund borrowings - (371,729) - - Repayment of interfund borrowings 128,271 (128,271) - (84,859) Principal payments on pension bonds (252,036) - (135,050) - Interest paid on pension bonds (228,709) - (375,121) - Net Cash Provided by (Used for) Non-Capital Financing Activities (3,864,308) (500,000) (2,031,475) 10,387 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Proceeds from sales of capital assets 70,150 - - - Acquisition and construction of capital assets (11,347,439) (68,166) (697,714) - Principal paid on capital debt - - - - Interest paid on capital debt - - - - Net Cash Used for Capital and Related Financing Activities (11,277,289) (68,166) (697,714) - CASH FLOWS FROM INVESTING ACTIVITIES Investment loss 2,039,517 46,775 90,415 (6,562) Net Cash Used for Investing Activities 2,039,517 46,775 90,415 (6,562) Net Increase (Decrease) in Cash and Cash Equivalents 8,824,901 297,895 831,685 - Cash and Cash Equivalents - July 1 136,647,860 4,920,649 16,248,026 - Cash and Cash Equivalents - June 30 145,472,761$ 5,218,544$ 17,079,711$ -$ Reconciliation of Cash and Cash Equivalents to the Amounts Reported on the Statement of Net Position Cash and investments 145,472,696$ 5,218,544$ 17,079,605$ -$ Cash with fiscal agent 65 - 106 - Total Cash and Cash Equivalents reported on the Statement of Net Position 145,472,761$ 5,218,544$ 17,079,711$ -$ Business-Type Activities - Enterprise Funds The notes to financial statements are an integral part of this statement.50 Page 415 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF CASH FLOWS PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 CASH FLOWS FROM OPERATING ACTIVITIES Cash received from customers and users Cash received from interfund service provided Cash paid to suppliers for goods and services Cash paid to employees for services Cash received from others Net Cash Provided by (Used for) Operating Activities CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES Cash transfers in Cash transfers out Cash received from interfund borrowings Interest paid on interfund borrowings Repayment of interfund borrowings Principal payments on pension bonds Interest paid on pension bonds Net Cash Provided by (Used for) Non-Capital Financing Activities CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Proceeds from sales of capital assets Acquisition and construction of capital assets Principal paid on capital debt Interest paid on capital debt Net Cash Used for Capital and Related Financing Activities CASH FLOWS FROM INVESTING ACTIVITIES Investment loss Net Cash Used for Investing Activities Net Increase (Decrease) in Cash and Cash Equivalents Cash and Cash Equivalents - July 1 Cash and Cash Equivalents - June 30 Reconciliation of Cash and Cash Equivalents to the Amounts Reported on the Statement of Net Position Cash and investments Cash with fiscal agent Total Cash and Cash Equivalents reported on the Statement of Net Position Governmental Activities Other Enterprise Funds Totals Internal Service Funds 20,776,740$ 90,327,959$ 474,163$ - - 9,708,168 (6,979,982) (38,623,678) (4,385,891) (7,836,216) (19,641,266) (5,281,781) 40,849 151,277 - 6,001,391 32,214,292 514,659 231,762 1,433,824 321,760 (3,259,685) (9,399,639) (82,673) (178) (178)- - (371,729) - (442,528) (527,387) - - (387,086) (48,024) - (603,830) (42,054) (3,470,629) (9,856,025) 149,009 - 70,150 48,356 (98,266) (12,211,585) (587,351) (894,038) (894,038) - (91,546) (91,546) - (1,083,850) (13,127,019) (538,995) (110,729) 2,059,416 25,263 (110,729) 2,059,416 25,263 1,336,183 11,290,664 149,936 1,951,838 159,768,373 12,041,324 3,288,021$ 171,059,037$ 12,191,260$ 2,423,472$ 170,194,317$ 12,191,248$ 864,549 864,720 12 3,288,021$ 171,059,037$ 12,191,260$ Business-Type Activities - Enterprise Funds The notes to financial statements are an integral part of this statement.51 Page 416 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF CASH FLOWS PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 Sewer Fund Sewer Development Impact Fees Development Services Fund CV Elite Athlete Training Ctr Business-Type Activities - Enterprise Funds Reconciliation of Operating Income (Loss) to Net Cash Provided by (Used for) Operating Activities: Operating income (loss) 14,649,659$ 816,245$ 2,198,577$ (427,391)$ Adjustments to Reconcile Operating Income (loss) to Net Cash Provided by (Used for) Operating Activities: Depreciation/Amortization 6,289,202 3,041 209,453 337,146 Restatement of beginning net position 40,042 - 70,386 - (Increase) decrease in accounts receivable (172,664) - 4 89,704 (Increase) decrease in prepaid costs and inventories 667 - 32,593 - (Increase) decrease in deferred outflows from pensions (3,416,712) - (6,247,364) - (Increase) decrease in deferred outflows from OPEB 70,568 - 80,513 - Increase (decrease) in accounts payable 174,835 - 88,902 (3,284) Increase (decrease) in unearned revenue 402,375 - -- Increase (decrease) in retentions payable (83,117) - 10,935 - Increase (decrease) in accrued liabilities 39,266 - 60,213 - Increase (decrease) in deposits payable - - 252,753 - Increase (decrease) in compensated absences 6,116 - (64,268) - Increase (decrease) in net pension liability 7,652,666 - 12,631,987 - Increase (decrease) in net OPEB liability (25,807) - 11,832 - Increase (decrease) in deferred inflows from pensions (3,713,902) - (5,889,541) - Increase (decrease) in deferred inflows from OPEB 13,787 - 23,484 - Total Adjustments 7,277,322 3,041 1,271,882 423,566 Net Cash Provided by (Used for) Operating Activities 21,926,981$ 819,286$ 3,470,459$ (3,825)$ Non-Cash Investing, Capital, and Financing Activities: Donated capital assets 5,984,987$ -$ -$ -$ The notes to financial statements are an integral part of this statement.52 Page 417 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF CASH FLOWS PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 Reconciliation of Operating Income (Loss) to Net Cash Provided by (Used for) Operating Activities: Operating income (loss) Adjustments to Reconcile Operating Income (loss) to Net Cash Provided by (Used for) Operating Activities: Depreciation/Amortization Restatement of beginning net position (Increase) decrease in accounts receivable (Increase) decrease in prepaid costs and inventories (Increase) decrease in deferred outflows from pensions (Increase) decrease in deferred outflows from OPEB Increase (decrease) in accounts payable Increase (decrease) in unearned revenue Increase (decrease) in retentions payable Increase (decrease) in accrued liabilities Increase (decrease) in deposits payable Increase (decrease) in compensated absences Increase (decrease) in net pension liability Increase (decrease) in net OPEB liability Increase (decrease) in deferred inflows from pensions Increase (decrease) in deferred inflows from OPEB Total Adjustments Net Cash Provided by (Used for) Operating Activities Non-Cash Investing, Capital, and Financing Activities: Donated capital assets Governmental Activities Other Enterprise Funds Totals Internal Service Funds Business-Type Activities - Enterprise Funds 6,966,286$ 24,203,376$ 289,615$ 945,179 7,784,021 184,900 - 110,428 - (662,292) (745,248) 4,952 (36,299) (3,039) 123 (3,928,676) (13,592,752) (957,657) 17,939 169,020 9,383 26,531 286,984 (145,911) - 402,375 - - (72,182) - 34,711 134,190 7,030 - 252,753 - 199,679 141,527 (13,547) 1,818,596 22,103,249 2,171,219 220,457 206,482 17,206 353,128 (9,250,315) (1,058,364) 46,152 83,423 5,710 (964,895) 8,010,916 225,044 6,001,391$ 32,214,292$ 514,659$ -$ 5,984,987$ -$ The notes to financial statements are an integral part of this statement.53 Page 418 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        54 CITY OF CHULA VISTA Page 419 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda FIDUCIARY FUND FINANCIAL STATEMENTS 55 Page 420 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF FIDUCIARY NET POSITION FIDUCIARY FUNDS JUNE 30, 2023 Private-Purpose Trust Fund Successor Agency of the Former Chula Vista RDA Custodial Funds ASSETS Cash and cash equivalents 3,983,355$ 8,381,661$ Cash and cash equivalents held with fiscal agents 314 130,432,416 Receivables: Accounts - 494,857 Taxes - 100,134 Notes and loans 121,768 103,937,814 Accrued interest 21,804 156,585 Capital assets, not being depreciated 5,600,080 135,822,432 Capital assets, net of accumulated depreciation 750,407 - Total Assets 10,477,728 379,325,899 DEFERRED OUTFLOWS OF RESOURCES Deferred charge on refunding 1,085,290 - Total Deferred Outflows of Resources 1,085,290 - LIABILITIES Accounts payable 138 12,168,054 Accrued interest 205,328 1,965,356 Deposit Payable - 120,532 Due to other governments 55,141 - Due to bond holders - 13,333,125 Advances from the City of Chula Vista 4,319,193 - Unearned revenues 121,769 - Long-term liabilities: Due in one year 1,995,000 550,000 Due in more than one year 20,062,069 306,177,267 Total Liabilities 26,758,638 334,314,334 NET POSITION (DEFICIT): Net investment in capital assets - - Restricted: Individuals, organizations, and other governments (15,195,620) 45,011,565 Total Net Position (Deficit)(15,195,620)$ 45,011,565$ The notes to financial statements are an integral part of this statement.56 Page 421 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA STATEMENT OF CHANGES IN FIDUCIARY NET POSITION FIDUCIARY FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Private-Purpose Trust Fund Successor Agency of the Former Chula Vista RDA Custodial Funds ADDITIONS Investment Earnings: Net increase (decrease) in fair value of investments (26,085)$ 392,536$ Interest, dividends, and other 62,452 3,444,254 Total Investment Earnings 36,367 3,836,790 Taxes 3,363,658 - Contributions from other governments - 12,600,672 Special assessments - 13,714,767 Special item 4,788,560 - Total Additions 8,188,585 30,152,228 DEDUCTIONS Administrative expenses 17,932 1,044 Contractual services 209,881 12,373,655 Debt service and fiscal agent charges 703,609 26,472,613 Depreciation expense 47,724 - Total Deductions 979,146 38,847,312 Net Change in Fiduciary Net Position 7,209,439 (8,695,084) NET POSITION (DEFICIT) - BEGINNING (22,405,059) 68,928,240 Restatements - (15,221,591) Net Position (Deficit) - Beginning, as restated (22,405,059) 53,706,649 NET POSITION (DEFICIT) - ENDING (15,195,620)$ 45,011,565$ The notes to financial statements are an integral part of this statement.57 Page 422 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        58 CITY OF CHULA VISTA Page 423 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements For the Fiscal Year Ended June 30, 2023 NOTE DESCRIPTION PAGE Note 1 – Reporting Entity and Summary of Significant Accounting Policies ..................................................... 60 Note 2 – Reconciliation of Government-Wide and Fund Financial Statements ................................................... 73 Note 3 – Stewardship, Compliance, and Accountability ...................................................................................... 74 Note 4 – Cash and Investments ........................................................................................................................... 75 Note 5 – Receivables ........................................................................................................................................... 79 Note 6 – Interfund Balances and Transactions .................................................................................................... 84 Note 7 – Capital Assets ....................................................................................................................................... 86 Note 8 – Long-Term Liabilities ........................................................................................................................... 88 Note 9 – Unearned Revenue ................................................................................................................................ 97 Note 10 – Compensated Absences ....................................................................................................................... 97 Note 11 – Self-Insurance Accrued Liabilities ...................................................................................................... 98 Note 12 – Leases................................................................................................................................................... 99 Note 13 – Subscription Based Information Technology Arrangements ............................................................ 101 Note 14 – Pension Plans .................................................................................................................................... 105 Note 15 – Post Retirement Health Benefits ....................................................................................................... 112 Note 16 – Commitments and Contingencies ..................................................................................................... 117 Note 17 – Classification of Fund Balances ........................................................................................................ 118 Note 18 – Restatements of Fund Balance and Net Position ............................................................................... 119 Note 19 – Change in Reporting Entity ................................................................................................................ 120 Note 20 – Special Item ....................................................................................................................................... 120 59 Page 424 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies The basic financial statements of the City of Chula Vista, California (the “City”) have been prepared in conformity with generally accepted accounting principles of the United States of America (“U.S. GAAP”) as applied to governmental agencies. The Governmental Accounting Standards Board (“GASB”) is the accepted standard setting body for establishing governmental accounting and financial reporting principles. The more significant of the City’s accounting policies are described below. A.Reporting Entity The City, incorporated in 1911, was recognized as a city in the State of California by election in 1949. The City operates under an elected Council and appointed City Manager form of government and provides the following services as authorized by its charter: public safety, community services, engineering services, planning services, public works, general administrative services, and capital improvements. The financial reporting entity consists of the primary government, the City, and its component units. Component units are legally separate entities for which the elected officials of the primary government are financially accountable. In addition, component units can be other organizations for which the primary government is accountable, and their exclusion would cause the reporting entity’s financial statements to be misleading or incomplete. Blended Component Unit Blended component units, although legally separate entities, are, in substance part of the primary government’s operation and so data from these units are combined with data of the primary government. Discretely presented component units, on the other hand, are reported in a separate column in the combined financial statements to emphasize that they are legally separate from the primary government. The City Council acts as the governing body and is able to impose its will on the following organizations, establishing financial accountability and operational responsibility. As a result, these organizations are considered component units of the City and are included within the financial statements of the City using the blended method. All component units have a June 30 year-end. The City has no discreetly presented component units. The Chula Vista Industrial Development Authority (the “Development Authority”) The Development Authority was formed in February 1982 for the purpose of promoting and developing commercial, industrial, and manufacturing enterprises and encouraging employment. The City Council acts as the governing body of the Development Authority and can impose its will on the Development Authority, establishing financial accountability and operational responsibility. The Development Authority’s financial data and transactions are included within the capital projects fund type. The City does not produce separate financial statements for the Development Authority. The Chula Vista Public Financing Authority (the “Public Financing Authority”) The Public Financing Authority was established by resolution, pursuant to the City Charter and Constitution of the State of California, as a public body, to serve the public purposes of the City. The resolution was adopted on April 4, 1995. The Public Financing Authority was established by a joint exercise of powers agreement between the City and the Redevelopment Agency. The governing body of the Public Financing Authority is comprised of the consenting members of the City Council. The Public Financing Authority is authorized to borrow money for the purpose of financing the acquisition of bonds, notes, and other obligations of, or for the purpose of making loans to the City and/or to refinance outstanding obligations of the City. 60 Page 425 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) The Chula Vista Municipal Financing Authority (the “Municipal Financing Authority”) The Municipal Financing Authority was established by resolution, pursuant to the City Charter and Constitution of the State of California, as a public body, to serve the public purposes of the City. The resolution was adopted on June 11, 2013. The Municipal Financing Authority was established by a joint exercise of powers agreement between the City and the Housing Authority. The governing body of the Municipal Financing Authority is comprised of the consenting members of the City Council. The Municipal Financing Authority is authorized to borrow money for the purpose of financing the acquisition of bonds, notes, and other obligations of, or for the purpose of making loans to the City and/or to refinance outstanding obligations of the City. The Chula Vista Housing Authority (the “Housing Authority”) The Housing Authority was created by the City of Chula Vista City Council (“City Council”) in March 1993 to centrally coordinate and administer the City’s programs for promoting balanced housing for families of all income levels. It was established pursuant to the State of California Health and Safety Code, Section 34200. The City Council acts as the governing body and can impose its will on the Housing Authority, establishing financial accountability and operational responsibility. It is empowered to develop, finance and own low- income housing within the territorial limits of the City of Chula Vista. It uses a variety of local, state, and federal funding sources to administer and finance these programs. It is also the financing vehicle for the issuance of bonds for housing programs and services. The Housing Authority’s financial data and transactions are included within the special revenue fund type. The City does not produce separate financial statements for the Housing Authority. Fiduciary Component Unit Fiduciary component units are legally separate entities for which the City has a financial accountability for due to the City Council appointing the majority of the members of the component units’ respective Boards of Directors, and thereby being able to significantly influence and impose the City’s will on the component units’ activities. The assets of these component units are not held in a trust but are held for the benefit of organizations and other governments that are not part of the City; additionally, the assets of these component units are not derived from the City’s provision of goods or services to them. The following entities are considered to be fiduciary component units and are reported as Custodial Funds: The Chula Vista Bayfront Facilities Financing Authority (the “Bayfront Financing Authority”) The Bayfront Financing Authority was created as a joint powers agreement between the City of Chula Vista, the County of San Diego, and the San Diego Unified Port District for the purpose of issuing tax exempt debt obligations to finance development of the Chula Vista Bayfront Master Plan area. The Bayfront Project Special Tax Financing District (the “Bayfront District”) The Bayfront District was created as a joint community facilities agreement between the City of Chula Vista and the San Diego Unified Port District for the purpose of financing the acquisition or construction of certain public and private improvement and funding of certain services within the Chula Vista Bayfront Master Plan area. The Bayfront District does not issue separate financial statements. B. Basis of Accounting and Measurement Focus The accounts of the City are organized on the basis of funds, each of which is considered a separate accounting entity. The operations of each fund are accounted for by providing a separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenues and expenditures, or expenses, as appropriate. Fund accounting segregates funds according to their intended purpose and is used to aid management in demonstrating 61 Page 426 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) B.Basis of Accounting and Measurement Focus (Continued) compliance with finance-related legal and contractual provisions. The minimum number of funds is maintained in accordance with legal and managerial requirements. Government - Wide Financial Statements The City’s Government-Wide Financial Statements include a Statement of Net Position and a Statement of Activities. These statements present summaries of governmental and business-type activities for the City accompanied by a total column. Fiduciary activities of the City are not included in these statements. These financial statements are presented on an “economic resources” measurement focus and the accrual basis of accounting. Accordingly, all the City’s assets and deferred outflows as well as liabilities and deferred inflows, with the difference reported as net position are presented in the accompanying Statement of Net Position. Also presented in this statement are capital assets including infrastructure assets as well as long-term liabilities. Statement of Activities presents changes in Net Position. Under the accrual basis of accounting, revenues are recognized in the period in which they are earned while expenses are recognized in the period in which the liability is incurred. Certain types of transactions are reported as program revenues for the City in three categories: Charges for services Operating grants and contributions Capital grants and contributions Governmental Fund Financial Statements Governmental Fund Financial Statements include a Balance Sheet and a Statement of Revenues, Expenditures and Changes in Fund Balances for all major governmental funds and aggregate non-major governmental funds. An accompanying schedule is presented to reconcile and explain the differences in total fund balance as presented in these statements to the Net Position presented in the Government-Wide Financial Statements. The City has presented all major funds that met the applicable criteria. All governmental funds are accounted for on a spending, or "current financial resources" measurement focus and the modified accrual basis of accounting. Accordingly, only current assets and current liabilities are included on the Balance Sheet. The Statement of Revenues, Expenditures and Changes in Fund Balances presents increases (revenues and other financing sources) and decreases (expenditures and other financing uses) to fund balances. Under the modified accrual basis of accounting, revenues are recognized in the accounting period in which they become both measurable and available to finance expenditures of the current period. Revenues become available when received in cash, except for revenue which is subject to accrual and are recognized when due by the City. Generally, 60 days after year-end for primary revenue sources (i.e., property tax, sales tax, intergovernmental revenues, grants, and other taxes). Expenditures are recorded in the accounting period in which the related fund liability is incurred. Unavailable revenues arise when potential revenues do not meet both the “measurable” and “available” criteria for recognition in the current period. Unearned revenues arise when the government receives cash before it has a legal claim to them, as when grant monies are received prior to incurring qualifying expenditures. In subsequent periods, when both revenue recognition criteria are met or when the government has a legal claim to the resources, unavailable and unearned revenue is removed from the Balance Sheet and recognized as revenue. The Reconciliation of the Fund Financial Statements to the Government-Wide Financial Statements is provided to explain the differences created by the integrated approach of GASB Statement No. 34. 62 ► ► ► Page 427 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) B.Basis of Accounting and Measurement Focus (Continued) Governmental Fund Financial Statements (Continued) The City reports the following major Governmental Funds: General Fund – This is the primary operating fund of the City. It is used to account for all revenues and expenditures that are not required to be accounted for in another fund. Federal, State, and Local Grants – This fund consists of miscellaneous grants/revenues such as: Supplemental law enforcement services, CBAG, California Library Services Act, asset seizure, local law enforcement block grants, California Recreation grants, Public Safety grants, waste management and recycling, energy conservation, emergency shelter program, HOME program, CDBG program income project, American Rescue Plan Act funding, and Community Development Block grants. Housing Successor Agency Special Revenue Fund – This fund was established pursuant to Health and Safety Code Section 34176(b)(2) and is used to fund Low- and Moderate-Income Housing and related expenditures through the collection of property taxes. The Low- and Moderate-Income Housing Successor Fund was created due to the dissolution of the Chula Vista RDA. In accordance with Health and Safety Code Section 34176(b)(2), on February 1, 2012, all rights, powers, assets, liabilities, duties, and obligations of the Low- and Moderate-Income Housing Fund were transferred to the Low- and Moderate-Income Housing Successor Agency special revenue fund. Development Impact Capital Projects Fund – This fund was established as a depository of various development impact fees. The fees are levied against all new development in the City in order to pay for the construction or improvement of public facilities as a result of City growth. Proprietary Fund Financial Statements Proprietary Fund Financial Statements include a Statement of Net Position, a Statement of Revenues, Expenses and Changes in Fund Net Position, and a Statement of Cash Flows for each major Proprietary Fund and aggregate non-major proprietary funds. A separate column representing internal service funds is also presented in these statements. However, internal service balances and activities have been combined with the governmental activities in the Government-Wide Financial Statements. The City’s internal service funds include three individual funds which provide services directly to other City funds. These areas of service include Fleet Management, Information Technology Replacement, and Workers Compensation. Proprietary funds are accounted for using the "economic resources" measurement focus and the accrual basis of accounting. Accordingly, all assets and liabilities (whether current or noncurrent) are included on the Statement of Net Position. The Statement of Revenues, Expenses and Changes in Fund Net Position presents increases (revenues) and decreases (expenses) in total Net Position. Under the accrual basis of accounting, 63 Page 428 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) B.Basis of Accounting and Measurement Focus (Continued) Proprietary Fund Financial Statements (Continued) revenues are recognized in the period in which they are earned while expenses are recognized in the period in which the liability is incurred. In these funds, receivables have been recorded as revenue and provisions have been made for uncollectible amounts. Operating revenues in the proprietary funds are those revenues that are generated from the primary operations of the fund. All other revenues are reported as non-operating revenues. Operating expenses are those expenses that are essential to the primary operations of the fund. All other expenses are reported as non-operating expenses. The City reports the following major proprietary funds: Sewer Enterprise Fund – This fund consists of several sub-funds that are used to account for sewer activities: The Sewer Income Fund is a depository for all monies collected to cover the cost of connecting properties to the City's public sewer system. All monies received may be used only for the acquisition, construction, reconstruction, maintenance, and operation of sanitation or sewerage facilities. The Trunk Sewer Capital Reserve Fund is used to account for sewerage facility participation fee received from owner or person making application for a permit to develop or modify use of any residential, commercial, industrial, or other property, which increases the volume of flow into the City sewer system. All monies received shall be used for the enlargement of sewer facilities of the City to enhance efficiency of utilization and/or adequacy of capacity and for planning and/or evaluating any future proposals for area wide sewage treatment and/or water reclamation systems or facilities. The Sewer Service Revenue Fund is a depository for all monies collected from the monthly sewer service charge. Monies in this fund may be used for construction, maintenance, or operation of sewer. The Sewer Facility Replacement Fund is a depository for a portion of the revenue derived from the monthly sewer service charge. Monies in this fund shall be used solely for the purpose of refurbishment and/or replacement of sewerage facilities including related evaluation, engineering, and utility modification costs. Sewer Development Impact Fees Fund – This fund is a depository for sewer development impact fees (DIFs). Development Services Fund – This fund is a depository for a portion of developer fees and other development related activities. Chula Vista Elite Athlete Training Center (CVEATC) Fund – This fund is used to account for the CVEATC’s activities in partnership with the CVEATC operator Elite Athlete Services (EAS). Fiduciary Fund Financial Statements Fiduciary fund financial statements include a Statement of Net Position and a Statement of Changes in Fiduciary Net Position. The City’s fiduciary funds represent custodial funds and private purpose trust funds. Fiduciary fund types are accounted for according to the nature of the fund. The City’s custodial funds are used to account for money and property held by the City as custodian. They are also used to account for various assessment districts for which the City acts as an agent for debt service activities. The City’s private purpose trust fund is a fiduciary fund type used by the City to report assets, liabilities, and activities of the Successor Agency to the Chula Vista Redevelopment Agency. Its results of operations are presented on the Statement of Changes of Fiduciary Net Position. Both types of fiduciary funds follow the economic resources basis of accounting similar to proprietary funds. 64 Page 429 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) B.Basis of Accounting and Measurement Focus (Continued) Fiduciary Fund Financial Statements (Continued) The Successor Agency was created by the City of Chula Vista City Council (City Council) in August 2012. It was established pursuant to Assembly Bill x1 26. Its purpose is to expeditiously wind down the affairs of the dissolved RDA. The governing body of the Successor Agency is comprised of the members of the Oversight Board selected by the County of San Diego, City of Chula Vista, school, and special districts. The Successor Agency has been included in the accompanying basic financial statements as a private purpose trust fund. C.Encumbrances Formal budgetary integration is employed as a management control device. Encumbrance accounting, under which purchase orders, contracts, and other commitments for the expenditure of monies are recorded in order to reserve that portion of the applicable appropriation, is employed as an extension of formal budgetary integration. Encumbrances outstanding at year-end do not constitute U.S. GAAP basis expenditures or liabilities because the commitments will be honored during the subsequent year. Therefore, the City has assigned a portion of its fund balance for future encumbrances. D. Cash, Cash Equivalents, and Investments The City pools its available cash for investment purposes. The City considers pooled cash and investment amounts, with original maturities of three months or less, to be cash equivalents. Highly liquid market investments with maturities of one year or less at time of purchase are stated at amortized cost. All other investments are stated at fair value. Market value is used as fair value for those securities for which market quotations are readily available. The City reported its investments at fair value and the unrealized gain on investments amounted to $22,485,850 for the fiscal year ended June 30, 2023. The statement of cash flows requires presentation of “cash and cash equivalents”. For the purposes of the statement of cash flows, the City considers all proprietary fund pooled cash and investments as “cash and cash equivalents”, as such funds are available to the various funds as needed. Certain disclosure requirements, if applicable, for Deposits and Investment Risks in the following areas: Interest Rate Risk Credit Risk o Overall o Custodial Credit Risk o Concentration of Credit Risk Foreign Currency Risk In addition, other disclosures are specified including use of certain methods to present deposits and investments, highly sensitive investments, credit quality at year-end and other disclosures. E. Inventories and Prepaid items Inventories are valued on an average-cost basis which are adjusted to annual physical counts or estimates under the consumption method of accounting and are recorded in the internal service fund. Prepaid items are items the City has paid in advance and will receive future benefit from. 65 ► ► ► Page 430 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) F. Restricted Assets Fiscal agents acting on behalf of the City hold investment funds arising from the proceeds of long-term debt issuances. The funds may be used for specific capital outlays or for the payment of certain bonds, certificate of participation or tax allocation bonds and have been invested only as permitted by specific State statutes or applicable City ordinance, resolution, or bond indenture. In addition, the City restricts cash deposits from developers that are refundable. G. Interfund Transactions Activity between funds that are representative of lending/borrowing arrangements outstanding at the end of the fiscal year are referred to as either “due to/from other funds” or “advances to/from other funds” (i.e., the current portion of interfund loans). Any residual balances outstanding between the governmental activities and business-type activities are reported in the Governmental-Wide Financial Statements as “internal balances.” H. Capital Assets Capital assets are valued at historical cost or estimated historical cost if actual historical cost was not available. Donated capital assets are valued at their acquisition value on the date donated. City policy has set the capitalization threshold for reporting capital assets at $10,000 for equipment and $50,000 for infrastructure. Depreciation is recorded on a straight-line basis over estimated useful lives of the assets as follows: Buildings 50 years Improvements other than buildings 50 years Machinery and equipment 5-15 years Infrastructure 30-75 years The useful life of lease assets and subscription-based information technology agreements is the shorter of the life of the lease/agreement or the useful life of the underlying asset on its own. If the City has the option to purchase the assets at the end of the lease term and is likely to exercise that option, the useful life of the underlying asset will be used. The City defines infrastructure as the basic physical assets that allow the City to function. The assets include: Street system Sewer system Site amenities such as parking and landscaped areas used by the City in the conduct of its business Each major infrastructure system can be divided into subsystems. For example, the street system can be subdivided into pavement, curbs and gutters, sidewalks, medians, streetlights, landscaping, and land. These subsystems were not delineated in the basic financial statements. The appropriate operating department maintains information regarding the subsystems. For all infrastructure systems, the City elected to use the Basic Approach for infrastructure reporting. I. Compensated Absences Government-Wide Financial Statements For governmental and business-type activities, compensated absences are recorded as expenses and liabilities as incurred. 66 ► ► ► Page 431 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) I. Compensated Absences (Continued) Fund Financial Statements In governmental funds, compensated absences are recorded as expenditures in the years paid, as it is the City’s policy to liquidate any unpaid compensated absences at June 30 from future resources, rather than currently available financial resources. The General Fund is typically used to liquidate compensated absences. In proprietary funds, compensated absences are expensed to the various funds in the period they are earned, and such fund’s share of the unpaid liability is recorded as a long-term liability of the fund. J. Pensions For purposes of measuring the net pension liability and deferred outflows/inflows of resources related to pensions, and pension expense, information about the fiduciary net position of the City’s California Public Employees’ Retirement System (CalPERS) plan (Plan) and additions to/deductions from the Plan’s fiduciary net position have been determined on the same basis as they are reported by CalPERS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with the benefit terms. Investments are reported at fair value. The net pension liability is typically liquidated through the General Fund for the portion reported in governmental activities, and also through the respective enterprise fund in which it is allocated. For this report, the following timeframes are used: Valuation Date June 30, 2021 Measurement Date June 30, 2022 Measurement Period July 1, 2021, to June 30, 2022 K. Other Post-Employment Benefits For purposes of measuring the total OPEB liability, deferred outflows of resources and deferred inflows of resources related to OPEB, and OPEB expense have been determined by an independent actuary. For this purpose, benefit payments are recognized when currently due and payable in accordance with the benefit terms. The total OPEB liability is typically liquidated through the General Fund for the portion reported in governmental activities, and also through the respective enterprise fund in which it is allocated. Generally accepted accounting principles require that the reported results must pertain to liability information within certain defined timeframes. For this report, the following timeframes are used: Valuation Date June 30, 2022 Measurement Date June 30, 2023 Measurement Period July 1, 2022, to June 30, 2023 L. Long-Term Debt Government-Wide Financial Statements Long-term debt, including bonds, notes, financed purchases, leases and subscriptions are reported as liabilities in the appropriate funds. Bond premiums and discounts, as well as issuance costs relating to bond insurance, are deferred, and amortized over the life of the bonds using the effective interest method. Bonds payable is reported net of the applicable premium or discount. Fund Financial Statements The fund financial statements do not present long-term debt but are shown in the Reconciliation of the Governmental Funds Balance Sheet to the Government-Wide Statement of Net Position. 67 Page 432 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) M. Leases City as Lessee The City is a lessee for noncancellable leases of land, buildings, and equipment. The City recognizes a lease liability and an intangible right-to-use leased asset (lease asset) in the Government-wide, Proprietary, and Fiduciary Fund financial statements. Lease assets are reported with depreciable capital assets and lease liabilities are reported with long-term liabilities. At the commencement of a lease, the City measures the lease liability at the present value of payments expected to be made over the course of the lease term. Subsequently, the lease liability is reduced by the principal portion of lease payments made. The lease asset is measured as the initial amount of the lease liability, adjusted for lease payments made at or before the lease commencement date, plus certain initial direct costs. Subsequently, the lease asset is amortized on a straight-line basis over the remaining lease term. City as Lessor The City is a lessor for noncancellable leases of portions of buildings. The City recognizes a lease receivable and a deferred inflow of resources in the Government-wide, Governmental, and Proprietary Fund financial statements. At the commencement of a lease, the City measures the lease receivable at the present value of payments expected to be received over the course of the lease term. Subsequently, the lease receivable is reduced by the principal portion of lease payments received. The deferred inflow of resources is measured as the initial amount of the lease receivable, adjusted for lease payments received at or before the lease commencement date. Subsequently, the deferred inflow of resources is recognized as revenue over the lease term. N. Subscription Based Information Technology The City is the customer or buyer of subscription contracts for noncancellable use of vendor software. The City recognizes a subscription liability and an intangible right-to-use subscription asset in the Government-wide, Proprietary, and Fiduciary Fund financial statements. Subscription assets are reported with depreciable capital assets and subscription liabilities are reported with long-term liabilities. At the commencement of a subscription, the City measures the subscription liability at the present value of payments expected to be made over the course of the subscription contract term. Subsequently, the subscription liability is reduced by the principal portion of subscription payments made. The subscription asset is measured as the initial amount of the subscription liability, adjusted for subscription payments made at or before the subscription commencement date, plus certain initial direct costs. Subsequently, the subscription asset is amortized on a straight-line basis over the remaining subscription contract term. O. Deferred Outflows/Inflows of Resources In addition to assets, the financial statements will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net assets that applies to future periods and will not be recognized as an outflow of resources (expense/ expenditure) until then. The City has four items that qualify for reporting in this category, which are reported in the government-wide statement of net position. One item is the deferred charge on refunding reported on the statement of net position. A deferred charge on refunding results from the difference in the carrying value of refunded debt and its reacquisition price. This amount is deferred and amortized over the shorter of the life of the refunded or refunding debt. The second item is the deferred outflows related to pensions, which represents the City’s pension contributions made subsequent to the measurement date, change of assumptions, difference between expected and actual experience, and the net difference between projected and actual earnings on plan investments. The third item is related to OPEB, which represents the change of assumptions and difference between expected and actual experience. The fourth item is related to leases and represents the cumulative impact of GASB 87 implementation. 68 Page 433 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) O. Deferred Outflows/Inflows of Resources (Continued) In addition to liabilities, the financial statements will sometimes report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net assets that applies to future periods and so will not be recognized as an inflow of resources (revenue) until that time. The City has three types of deferred inflows of resources, one of which arises only under a modified accrual basis. Accordingly, the first item, unavailable revenue, is reported only in the governmental funds balance sheet. The governmental funds report unavailable revenues from two sources: taxes and grant receivables. These amounts are deferred and recognized as an inflow of resources in the period that the amounts become available. The second item is deferred inflows related to pensions and OPEB reported in the statement of net position. These inflows are the results of changes in assumptions and differences between expected and actual experiences, and the net difference between projected and actual earnings on plan investments which are deferred and amortized over the expected average remaining service lifetime. The third item is related to the future inflows of lease revenues. P. Property Taxes The County of San Diego, California (County) bills and collects property taxes and remits them to the City according to a payment schedule established by the County. The County’s tax calendar is from July 1 to June 30. Property taxes attach as a lien on property on January 1. Taxes are levied on July 1, based on the assessed values as of the lien date, and are payable in two installments: November 1 and February 1 of each year. Property taxes become delinquent on December 10, and April 10, for the first and second installments, respectively. The County is permitted by State law to levy taxes at 1% of full market value (at time of purchase) and can increase the property tax rate no more than 2% per year or the current CPI, whichever is less. The City receives a share of this basic tax levy proportionate to what it received during the years 1980-1981. Property tax revenue is recognized in the fiscal year for which the taxes have been levied, provided the taxes are received within 60 days after the end of the fiscal year. Property taxes received after this date are not considered available as a resource that can be used to finance the current year operations of the City and, therefore, are not recorded as revenue until collected. No allowance for doubtful accounts was considered necessary. Q. Net Position In governmental-wide and proprietary fund financial statements, Net Position are categorized as follows: Net Investment in Capital Assets – This component of net position consists of capital assets, net of accumulated depreciation, reduced by the outstanding balances of debt that are attributable to the acquisition, construction, or improvement of those assets. Restricted – This component of net position consists of restricted assets reduced by liabilities and deferred inflows of resources related to those assets. Unrestricted – This component of net position is the amount of the assets, deferred outflows of resources, liabilities, and deferred inflows of resources that are not included in the determination of net investment in capital assets or the restricted component of net position. When expenses are incurred for purposes for which both restricted and unrestricted Net Position are available, the City’s policy is to apply restricted Net Position first, then unrestricted Net Position as they are needed. 69 Page 434 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) R. Fund Balances In governmental fund financial statements, fund balances are categorized as follows: Nonspendable – Items that cannot be spent because they are not in spendable form, such as prepaid items and inventories, and items that are legally or contractually required to be maintained intact, such as principal of an endowment or revolving loan funds. Restricted – Restricted fund balances encompass the portion of net fund resources subject to externally enforceable legal restrictions. This includes externally imposed restrictions by creditors, such as through debt covenants, grantors, contributors, laws, or regulations of other governments, as well as restrictions imposed by law through constitutional provisions or enabling legislation. Committed – Committed fund balances encompass the portion of net fund resources, the use of which is constrained by limitations that the City imposes upon itself at its highest level of decision making, normally the governing body, and that remain binding unless removed in the same manner. The City Council is considered the highest authority for the City that can, by adoption of an ordinance or resolution prior to the end of the fiscal year, commit fund balance. Once adopted, the limitation imposed by the ordinance or resolution remains in place until a similar action is taken (the adoption of another ordinance or resolution) to remove or revise the limitation. Assigned – Assigned fund balances encompass the portion of net fund resources reflecting the government’s intended use of resources. Assignment of resources can be done by the highest level of decision making or by a committee or official designated for that purpose. City Council has by resolution, authorized the Director of Finance to assign fund balances. City Council may also assign fund balance as it does when appropriating fund balance to cover a gap between estimated revenue and appropriations in the subsequent year’s appropriated budget. Unlike commitments, assignments generally only exist temporarily. In other words, an additional action does not normally have to be taken for the removal of an assignment. Conversely, as discussed above, an additional action is essential to either remove or revise a commitment. Unassigned – This amount is for any portion of the fund balances that do not fall into one of the above categories. This classification includes the residual fund balance for the General Fund. It also includes the negative residual balance for any other governmental fund that cannot be eliminated by offsetting assigned fund balance amounts. Sometimes the City will fund outlays for a particular purpose from both restricted and unrestricted resources (the total of committed, assigned, and unassigned fund balance). In order to calculate the amounts to report as restricted, committed, assigned, and unassigned fund balance in the governmental fund financial statements a flow assumption must be made about the order in which the resources are considered to be applied. It is the City’s policy to consider restricted fund balance to have been depleted before using any of the components of unrestricted fund balance. Further, when the components of unrestricted fund balance can be used for the same purpose, committed fund balance is depleted first, followed by assigned fund balance. Unassigned fund balance is applied last. S. Spending and Reserve Policy Government-Wide Financial Statements and the Proprietary Fund Financial Statements When an expense is incurred for purposes for which both restricted and unrestricted Net Position are available, the City’s policy is to apply restricted Net Position first. 70 Page 435 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) S. Spending and Reserve Policy (Continued) Governmental Fund Financial Statements When expenditures are incurred for purposes where only unrestricted fund balances are available, the City uses the unrestricted resources in the following order: committed, assigned, and unassigned. Pension & OPEB Reserve Fund Policy In November 2020, the City Council adopted a resolution adopting the Pension & OPEB (Other Pension Employment Benefits) Reserve Fund Policy and amending the General Fund Reserve Policy to include the allocation methodology to the General Fund reserve categories: General Fund Operating Reserve, Economic Contingency Reserve, and Catastrophic Event Reserves. The General Fund Operating Reserve represents unrestricted resources available for appropriation by the City Council to address extraordinary needs of an emergency nature of annual General Fund budgeted expenditures (excluding Measure A and P Sales taxes). The Economic Contingency Committed Balance represents monies set aside to mitigate service impacts during a significant downturn in the economy which impacts City revenues such as sales tax, property tax, business license tax, etc. funded at minimum of 5% of the General Fund of annual General Fund budgeted expenditures (excluding Measure A and P Sales taxes). The Catastrophic Event Reserves are monies set aside to fund unanticipated expenditures related to a major disaster in the City and are associated with the City’s Disaster Preparedness Program funded at 3% of the General Fund of annual General Fund budgeted expenditures (excluding Measure A and P Sales taxes). The Pension & OPEB Reserve Fund Policy (PRF) established an Irrevocable Section 115 Trust where all PRF contributions will be made to cover the following: repayment of future CalPERS unfunded liabilities in part or whole; establishment of an OPEB reserve fund; to pay off any outstanding Pension Obligation Bonds; and any other unanticipated pension related costs or charges. Upon meeting the 15% General Fund Operating Reserves 75% of all future surplus funds shall be transferred to the PRF while the remaining 25% is allocated to the Economic Contingency Reserves and Catastrophic Event reserves in accordance with the General Fund Reserve Policy. In the event all three General Fund reserve accounts are fully funded at the stated policy percentage, 100% of surplus funds will be transferred to the PRF until it reaches 15% of annual General Fund budgeted expenditures (excluding Measure A and P Sales taxes). `Measure A Reserve Fund Policy In May 2022, City Council adopted a resolution adopting the Measure A Fund Economic Contingency Reserve Fund Policy. This policy is established to avoid any impacts to the General Fund due to temporary sales tax revenue shortfalls, and to establish the reserves necessary to meet known and unknown future obligations for the City’s Police and Fire Departments. It is funded by 16% of Measure A fund’s annual operating budget. Enterprise Fund Reserve Policies The City maintains reserves for the following enterprise funds: Sewer Service Revenue Fund and Ambulance Transport System Enterprise Fund to help mitigate the impact of economic fluctuations on revenues, fund unforeseen expenditure requirements, provide minimum levels of cash balances, and avoid the need to borrow for cash management purposes. 71 • • • Page 436 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 1 – Reporting Entity and Summary of Significant Accounting Policies (Continued) T. Use of Estimates The preparation of basic financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts and disclosures. Actual results could differ from these estimates and assumptions. U. Changes in Accounting Principles and New GASB Pronouncements During the year ended June 30, 2023, the City adopted the following accounting standard issued by the Governmental Accounting Standards Board (GASB): 1. GASB Statement No. 91, Conduit Debt Obligations The requirements of this Statement will improve financial reporting by eliminating the existing option for issuers to report conduit debt obligations as their own liabilities, thereby ending significant diversity in practice. The clarified definition will resolve stakeholders’ uncertainty as to whether a given financing is, in fact, a conduit debt obligation. Requiring issuers to recognize liabilities associated with additional commitments extended by issuers and to recognize assets and deferred inflows of resources related to certain arrangements associated with conduit debt obligations also will eliminate diversity, thereby improving comparability in reporting by issuers. Revised disclosure requirements will provide financial statement users with better information regarding the commitment issuers extend and the likelihood that they will fulfill those commitments. That information will inform users of the potential impact of such commitments on the financial resources of issuers and help users assess issuers’ roles in conduit debt obligations. 2. GASB Statement No. 94, Public-Private and Public-Public Partnerships and Availability Payment Arrangements The requirements of this Statement will improve financial reporting by establishing the definitions of PPPs and APAs and providing uniform guidance on accounting and financial reporting for transactions that meet those definitions. That uniform guidance will provide more relevant and reliable information for financial statement users and create greater consistency in practice. This Statement will enhance the decision usefulness of a government’s financial statements by requiring governments to report assets and liabilities related to PPPs consistently and disclose important information about PPP transactions. The required disclosures will allow users to understand the scale and important aspects of a government’s PPPs and evaluate a government’s future obligations and assets resulting from PPPs. 3. GASB Statement No. 96, Subscription-Based Information Technology Arrangements The requirements of this Statement will improve financial reporting by establishing a definition for SBITAs and providing uniform guidance for accounting and financial reporting for transactions that meet that definition. That definition and uniform guidance will result in greater consistency in practice. Establishing the capitalization criteria for implementation costs also will reduce diversity and improve comparability in financial reporting by governments. This Statement also will enhance the relevance and reliability of a government’s financial statements by requiring a government to report a subscription asset and subscription liability for a SBITA and to disclose essential information about the arrangement. The disclosures will allow users to understand the scale and important aspects of a government’s SBITA activities and evaluate a government’s obligations and assets resulting from SBITAs. 72 Page 437 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 2 – Reconciliation of Government-Wide and Fund Financial Statements A. Explanation of Certain Differences Between the Governmental Fund Balance Sheet and the Government-Wide Statement of Net Position The governmental fund balance sheet includes a reconciliation between fund balance – total governmental funds and net position – governmental activities as reported in the government-wide statement of net position. One element of that reconciliation explains that “other long-term assets that are not available to pay for current period expenditures and, therefore, are either labeled unavailable or not reported in the funds.” The details of this $75,726,137 are as follows: Long-term receivables 60,811,053$ Development impact fees 1,192,354 Miscellaneous revenues 13,722,730 Total other long-term assets 75,726,137$ B. Explanation of Certain Differences Between the Governmental Fund Statement of Revenues, Expenditures, and Changes in Fund Balances and the Government-Wide Statement of Activities The governmental fund statement of revenues, expenditures, and changes in fund balances includes a reconciliation between net changes in fund balances – total governmental funds and change in net position of governmental activities as reported in the government-wide statement of activities. One element of that reconciliation explains that “governmental funds report capital outlays as expenditures. However, in the statement of activities the cost of these assets is allocated over their estimated useful lives and reported as depreciation expense in the current period.” The details of this $23,825,811 difference are as follows: Capital outlay 60,668,962$ Depreciation expense (36,836,651) Total other long-term assets 23,832,311$ C. Explanation of Certain Differences Between the Proprietary Fund Statement of Net Position and the Government-Wide Statement of Net Position The proprietary fund statement of net position includes a reconciliation between net position – total enterprise funds and net position of business-type activities as reported in the government-wide statement of net position. The description of the sole element of that reconciliation is “adjustment to report the cumulative internal balance for the net effect of the activity between the internal service funds and the enterprise funds over time.” The details of the $44,859 difference are as follows: Internal receivable representing charges in excess of cost to business-type activities - prior years 401,428$ Internal receivable representing charges in excess of cost to business-type activities - current year 42,431 Net adjustment to increase net position - total enterprise funds to arrive at net position - business-type activities 443,859$ 73 Page 438 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 3 – Stewardship, Compliance, and Accountability A. Deficit Fund Equity At June 30, 2023, the Sewer Development Impact Fees Fund and the Development Services Fund, both major proprietary funds, reported deficits in net position in the amounts of $12,737,646 and $12,077,117, respectively. The reason for the deficit in the Sewer Development Impact Fees Fund is the long-term advance payable in the amount of $18,174,656 to the General Fund discussed in Note 8. The deficit is expected to be eliminated in future years, as repayments to the General Fund are made on the advance. The reason for the deficit in the Development Services Fund is the allocation of the Fund’s share of the 2021 Pension Obligation Bonds issued during the 2021 fiscal year, with an outstanding balance in the amount of $16,779,321 as of June 30, 2023. The deficit is expected to be eliminated in future years as the revenue is recognized as a reduction to net pension liability. At June 30, 2023, the following non-major funds had deficit fund equity: Fund Type Funds Deficit Special Revenue Transportation Sales Tax 633,808$ Special Revenue Traffic Safety 4,734 Capital Projects Residential Construction Tax 1,310,131 Capital Projects Bicycle Facility 4,640 Capital Projects Other Transportation Program Fund 475,921 Proprietary Living Coast Discovery Center 798 Transportation Sales Tax – The Transportation Sales Tax Fund had an accumulated deficit of $633,808 due to the timing of the receipt of the City’s allocation of SANDAG’s ½ cent sales tax levy compared to disbursements. The City expects to eliminate this deficit through future revenues. Traffic Safety – The Traffic Safety Fund had an accumulated deficit of $4,734 as a result of fair market on investment losses and interfund transfer to the General Fund to cover administrative expenditures. The deficit is expected to be eliminated through future revenues. Residential Construction Tax – The Residential Construction Tax Fund had an accumulated deficit of $1,313,641 due to debt service payment that are expected to be eliminated through future revenues. Bicycle Facility – The Bicycle Facility Fund had an accumulated deficit of $4,460 due to non-reimbursable expenditures that were incurred. This fund is scheduled to be consolidated with the General Fund and closed in fiscal year 2024. Other Transportation Program – The Other Transportation Program Fund had an accumulated deficit of $475,920 due the timing of the reimbursement of grant revenues for the capital expenditures incurred. Living Coast Discovery Center – The proprietary Living Coast Discovery Center Fund had an accumulated deficit of $798 due to the fair market value loss on investments incurred in the current year. This deficit is expected to be eliminated through future revenues. 74 Page 439 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 4 – Cash and Investments The following is a summary of pooled cash and investments, including cash and investments with fiscal agents at June 30, 2023. Fiduciary Funds Governmental Business-Type Statement of Net Activities Activities Subtotal Position Total Cash and investments 421,398,523$ 171,059,037$ 592,457,560$ 12,365,016$ 604,822,576$ Restricted cash and investments: Held by City 7,735,990 - 7,735,990 - 7,735,990 Held by fiscal agents 24,965,589 - 24,965,589 130,432,730 155,398,319 Total restricted cash and investments 32,701,579 - 32,701,579 130,432,730 163,134,309 Total cash and investments 454,100,102$ 171,059,037$ 625,159,139$ 142,797,746$ 767,956,885$ Government-Wide Statement of Net Position Cash, cash equivalents and investments consisted of the following at June 30, 2023: Petty Cash 9,789$ Deposits with financial institutions 20,086,109 Investments 610,649,983 Investments held by fiscal agents 137,211,004 Total cash and investments 767,956,885$ A. Deposits The carrying amount of the City’s cash deposits were $20,086,109 on June 30, 2023. Bank balances before reconciling items were $21,688,422 at that date, the total amount of which was insured or collateralized with securities held by the pledging financial institutions in the City’s name as discussed below. The California Government Code requires California banks and savings and loan associations to secure the City’s cash deposits by pledging securities as collateral. This Code states that collateral pledged in this manner shall have the effect of perfecting a security interest in such collateral superior to those of a general creditor. Thus, collateral for cash deposits is considered to be held in the City's name. The market value of pledged securities must equal at least 110% of the City's cash deposits. California law also allows institutions to secure City deposits by pledging first trust deed mortgage notes having a value of 150% of the City’s total cash deposits. The City may waive collateral requirements for cash deposits, which are fully insured up to $250,000 by the Federal Deposit Insurance Corporation. The City, however, has not waived the collateralization requirements. The City follows the practice of pooling cash and investments of all funds, except for funds required to be held by fiscal agents under the provisions of bond indentures. Interest income earned on pooled cash and investments is allocated on an accounting period basis to the various funds based on the period-end cash and investment balances. Interest income from cash and investments with fiscal agents is credited directly to the related fund. 75 Page 440 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 4 – Cash and Investments (Continued) B. Investments As of June 30, 2023, the City had the following investments and maturities: Investment Type Fair Value 1 year or fewer 1 - 2 years 2 - 3 years 3 - 4 years 4 - 5 years LAIF 71,047,461$ 71,047,461$ -$ -$ -$ -$ Time deposits 310,000 310,000 - - - - San Diego County Investment Fund 23,577,663 23,577,663 - - - - United States Treasuries 45,683,045 35,864,530 2,967,780 3,125,160 3,725,575 - Federal agency bonds 195,833,020 55,175,910 67,113,161 50,184,346 16,490,713 6,868,890 Municipal bonds 75,132,672 18,093,102 16,618,419 23,281,256 11,499,643 5,640,252 Supranationals 17,222,078 1,845,793 5,714,880 6,121,685 3,539,720 - Asset-backed securities - - - - - - Medium-term corporate notes 136,500,331 43,404,965 42,318,785 30,270,803 20,505,778 - Certificates of deposit 20,528,199 9,500,490 10,771,284 - - 256,425 Placement service deposits 4,307,974 4,307,974 - - - - Money market funds 20,507,540 20,507,540 - - - - Held by bond trustee: Mutual funds 123,109,266 123,109,266 - - - - LAIF 14,101,738 14,101,738 - - - - Total 747,860,987$ 420,846,432$ 145,504,309$ 112,983,250$ 55,761,429$ 12,765,567$ Investment Maturities Investments Authorized by the California Government Code and the City’s Investment Policy The table below identifies the investment types that are authorized for the City by the California Government Code (or the City’s investment policy, where more restrictive). The table also identifies certain provisions of the California Government Code (or the City’s investment policy, where more restrictive) that address interest rate risk, credit risk, and concentration of credit risk. This table does not address investments of debt proceeds held by bond trustee that are governed by the provisions of debt agreements of the City, rather than the general provisions of the California Government Code or the City’s investment policy. Authorized Investment Type Maximum Maturity Maximum Percentage of Portfolio* Maximum Investment in One Issuer Bankers' Acceptance 180 days 40%30% Negotiable Certificates of Deposits 5 years 30%None Commercial Paper 270 days 25%10% State and Local Agency Bond Issues 5 years None None U.S. Treasury Obligations 5 years None None U.S. Agency Securities 5 years None None Repurchase Agreement 1 year None None Reverse-Purchase Agreements 92 days 20%None Medium-Term Corporate Notes 5 years 30%10% Time Certificates of Deposits 5 years None None Money Market Funds N/A 20%10% San Diego County Treasurer's Pooled Money Fund N/A None None Local Agency Investment Fund (LAIF)N/A None $75 Million** Shares of Beneficial Interest issued by a JPA N/A None None Asset Backed Securities 5 years 20%None Supranationals 5 years 30%None Placement Service Deposits 5 years 30%None * Excluding amounts held by bond trustee that are not subject to California Government ** Maximum is $75 million per account 76 Page 441 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 4 – Cash and Investments (Continued) B. Investments (Continued) Investments Authorized by Debt Agreements Investments of debt proceeds held by bond trustee are governed by provisions of the debt agreement rather than the general provisions of the California Government Code or the City’s investment policy. The table below identifies certain provisions of these debt agreements that address interest rate risk, credit risk, and concentration of credit risk. Authorized Investment Type Maximum Maturity Maximum Percentage of Portfolio Maximum Investment in One Issuer U.S Treasury Obligations None None None Federal Home Loan Mortgage Corporation None None None Farm Credit Banks None None None Federal Home Loan Banks None None None Federal National Mortgage Association None None None Student Loan Marketing Association None None None Financing Corporation None None None Resolution Funding Corporation None None None Certificates of Deposits, Time Deposits and Bankers' Acceptance 180 or 365 days None None Commercial Paper 270 days None None Money Market Funds None None None State Obligations None None None Municipal Obligations None None None Repurchase Agreements None None None Investment Agreements None None None Local Agency Investment Fund (LAIF)None None None C. Risks Disclosures Interest Rate Risk As a means of limiting its exposure to fair value losses arising from rising interest rates, the City’s investment policy provides that final maturities of securities cannot exceed five years. Specific maturities of investments depend on liquidity needs. At June 30, 2023, the City’s pooled cash and investments had the following maturities: Maturity Percentage of Investment Less than one year 56.3% 1 - 2 years 19.5% 2 - 3 years 15.1% 3 - 4 years 7.4% 4 - 5 years 1.7% The weighted average maturity of the portfolio was 1.2 years. Credit Risk Generally, credit risk is the risk that an issuer of an investment will not fulfill its obligation to the holder of the investment. This is measured by the assignment of a rating by a nationally recognized statistical rating organization. To be eligible to receive City money, a bank, savings association, federal association, or federally insured industrial loan company shall have received an overall rating of not less than "satisfactory" in its most recent evaluation by the appropriate federal financial supervisory agency of its record of meeting the credit needs of California's communities, including low-and moderate-income neighborhoods. 77 Page 442 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 4 – Cash and Investments (Continued) C. Risks Disclosures (Continued) The City’s investments are rated by the nationally recognized statistical rating organizations as follows: Standard & Investment Type Fair Value Moody's Poor's LAIF 85,149,199$ Not rated Not rated Time deposits 310,000 Not rated Not rated San Diego County Investment Fund 23,577,663 Not rated Not rated United States Treasuries 45,683,045 Exempt Exempt Federal agency bonds 195,833,020 Exempt Exempt Municipal bonds 75,132,672 A1 to Aa1 A to AA+ Supranationals 17,222,078 Aaa AAA Asset-backed securities - Aaa AAA Medium-term corporate notes 136,500,331 A3 to Aaa BBB+ to AAA Certificates of deposit 20,528,199 Not rated Not rated Placement service deposits 4,307,974 Not rated Not rated Money market funds 20,507,540 Not rated Not rated Mutual funds 123,109,266 Not rated Not rated Total 747,860,987$ Custodial Credit Risk Custodial credit risk is the risk that, in the event of the failure of the counter party, the City will not be able to recover the value of its investments or collateral securities that are in the possession of an outside party. All securities, with the exception of LAIF and other pooled investments, are held by a third-party custodian (BNY Western Trust). BNY is a registered member of the Federal Reserve Bank. Concentration of Credit Risk The City’s investment policy contains limitations on the amount that can be invested in any one issuer, in accordance with the limitations stipulated by the California Government Code. For the fiscal year ended June 30, 2023, the City had no investments in any one issuer that exceeded percentage of portfolio limitations set forth by either the City’s investment policy or the California Government Code. D. Investments in Local Agency Investment The City is a participant in LAIF which is regulated by California Government Code Section 16429 under the oversight of the Treasurer of the State of California. As of June 30, 2023, the City had $85,149,199 invested in LAIF. LAIF determines fair value on its investment portfolio based on market quotations for those securities where market quotations are readily available and based on amortized cost or best estimate for those securities where market value is not readily available. The City valued its investments in LAIF as of June 30, 2023, by multiplying its account balance with LAIF times a fair value factor determined by LAIF. This fair value factor was determined by dividing all LAIF participants’ total aggregate amortized cost by total aggregate fair value. The credit quality rating of LAIF is unrated as of June 30, 2023. There are no limitations or restrictions on participant withdrawals from LAIF. 78 Page 443 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 4 – Cash and Investments (Continued) E. Fair Value Hierarchy The City categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to measure the fair value of the asset. Level 1 inputs are quoted prices in active markets for identical assets; Level 2 inputs are significant other observable inputs; Level 3 inputs are significant unobservable inputs. The City had the following recurring fair value measurements as of June 30, 2023: Investment Type Totals Level 1 Level 2 Uncategorized LAIF 71,047,461$ -$ -$ 71,047,461$ Time deposits 310,000 - 310,000 - San Diego County Investment Fund 23,577,663 - - 23,577,663 United States Treasuries 45,683,045 45,683,045 - - Federal agency bonds 195,833,020 - 195,833,020 - Municipal bonds 75,132,672 - 75,132,672 - Supranationals 17,222,078 - 17,222,078 - Asset-backed securities - - - - Medium-term corporate notes 136,500,331 - 136,500,331 - Certificates of deposit 20,528,199 - 20,528,199 - Placement service deposits 4,307,974 - - 4,307,974 Money market funds 20,507,540 - - 20,507,540 Held by bond trustee: Mutual funds 123,109,266 - - 123,109,266 LAIF 14,101,738 - - 14,101,738 Total 747,860,987$ 45,683,045$ 445,526,300$ 256,651,642$ U.S. Treasury Notes classified in Level 1 of the fair value hierarchy are valued using prices quoted in active markets for those securities. U.S. Agency Securities, Corporate Notes, Asset Backed Securities and Time Deposits classified in Level 2 of the fair value hierarchy are valued using institutional bond quotes or specified fair market value factors. Note 5 – Receivables A. Taxes Receivable At June 30, 2023, the City had the following taxes receivable: Governmental Fiduciary Activities Funds Total Sales Tax 17,868,207$ -$ 17,868,207$ Property Tax 662,030 - 662,030 Highway Users Tax 1,699,432 - 1,699,432 Franchise Fee Tax 3,030,041 - 3,030,041 Special Assessments - 100,134 100,134 Other Taxes 1,822,029 - 1,822,029 Total 25,081,739$ 100,134$ 25,181,873$ 79 Page 444 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 5 – Receivables (Continued) B.Loans Receivable At June 30, 2023, the City had the following loans receivable, including principal and accrued interest: Principal Interest Total South Bay Community Services (Trolley Trestle, Muncey Manor, CNV I, CNII, NCV II)2,022,483$ 2,404,804$ $ 4,427,287 Cordova and Trolley Terrace Apartments (Cordova Trolley, LP)2,672,511 411,891 3,084,402 St. Regis Park (Chelsea Investment Corp)1,232,822 115,967 1,348,789 Chula Vista Rehabilitation CHIP Loans 869,658 91,308 960,966 Park Village Apts (Civic Center Barrio Housing Corporation)95,649 - 95,649 Los Vecinos (Wakeland Housing and Development Corporation)5,680,000 4,357,732 10,037,732 Brisa del Mar (Main Plaza, LP)1,800,000 793,440 2,593,440 Seniors on Broadway (MAAC Project)3,511,194 1,806,479 5,317,673 The Landings II (Chelsea Investment Corp)8,182,824 1,995,013 10,177,837 First Time Home Buyers Program 3,100,605 230,465 3,331,070 NSP Rental Housing Program 1,000,000 253,710 1,253,710 Lofts on Landis 2,000,000 548,486 2,548,486 Duetta Apartments (F Street Family CIC, LP)2,068,000 449,424 2,517,424 Volta Senior Apartments (G Street Seniors CIC, LP)932,000 199,658 1,131,658 Anita Street Apartments (Wakeland- Anita LP)5,195,165 336,476 5,531,641 Deferred development impact fees 5,965,425 487,864 6,453,289 46,328,336$ 14,482,717$ 60,811,053$ Governmental Activities South Bay Community Services In 1998, the former Chula Vista Redevelopment Agency (RDA) and City of Chula Vista entered into several loan agreements with South Bay Community Services, a California non-profit public benefit corporation. Prior years’ loan was made to South Bay Community Services for the purpose of purchasing several properties throughout the City of Chula Vista, including Concord Way (1-unit) and Trolley Trestle (11-unit). These projects are to provide housing to very low-income families. Deeds of trust and assignments of rent secure the notes. Principal and interest are payable annually out of any and all residual receipts derived from the property and/or operation of the property. Interest accrues annually on the unpaid balance with rates ranging from 3% to 6%. At June 30, 2023, the outstanding balance of the loan was $4,427,287, which included an interest accrual of $2,404,804. Cordova and Trolley Terrace Apartments- (Cordova Trolley, LP) In January 2019, the Housing Authority and the Cordova Trolley, LP (Developer) entered into a loan agreement to refinance two scattered site rental housing developments at 1280 E J Street (40-unit) and 750 ADA Street (18-unit). The developer partially repaid the outstanding accrued interest of the previous loan in the amount of $200,000 and carried forward the remaining balance of $2,672,511 as a new loan on the Project. The project provides affordable housing to very-low and low-income households for an additional 55-years. The amended and restated promissory note is secured by a deed of trust and will accrue 3.15% interest compounding annually. Residual receipt payments (if any) will be applied towards the outstanding loan balance until the loan is paid in full. At June 30, 2023, the outstanding balance of the loan was $3,084,402, which included an interest accrual of $411,891. St. Regis Park (Chelsea Investment Corporation) In 2000, the former RDA entered into a loan agreement with Chelsea Investment Corporation for the acquisition and rehabilitation of the 119-unit multi-family housing project (formerly known as Pear Tree Apartments) at 1025 Broadway. In June 2019, the developer repaid the outstanding principal balance of the previous loan in the 80 Page 445 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 5 – Receivables (Continued) B. Loans Receivable (Continued) amount of $1,387,152 and carried forward the accrued interest of $1,232,822 as a new loan amount. The project will remain affordable to very-low and low-income households for an additional 55-years. The amended and restated promissory note is secured by a deed of trust and will accrue 2.76% interest compounding annually. Residual receipt payments (if any) will be applied towards the outstanding loan balance until the loan is paid in full. At June 30, 2023, the outstanding balance of the loan was $1,348,789, which included an interest accrual of $115,967. Chula Vista Rehabilitation CHIP Loans The Chula Vista Rehabilitation Community Housing Improvement Program (CHIP) is under the direct control of the Housing Authority acting as the Successor Housing Entity for those loans that were funded using Low- and Moderate-Income Housing Funds. These loans provide funding to assist owner occupied or mobile homeowners with assistance to make health and safety repairs to their dwelling unit. CHIP loans funded by CDBG, or HOME funds are also managed by the Housing Authority. CHIP offers deferred and low interest rate home improvement loans to qualified borrowers residing within a target area. The rate terms vary from 0 to 5% deferred interest loans to forgivable loans for mobile homeowners. Loan repayments are re-deposited into the program cash accounts and are redistributed as future loans. At June 30, 2023, the outstanding balance of the loan was $960,966, which included an interest accrual of $91,308. Park Village Apartments (Civic Center Barrio Housing Corporation) In 1991, the former RDA entered into a loan agreement with the Civic Center Barrio Housing Corporation, a California non-profit public benefit corporation. The loan was made for the purchase of land and the development of a 28 - unit low-income housing project. During 1992, the loan was assigned to Park Village Apartments Ltd., a California limited partnership in which Civic Center Barrio Housing Corporation is the managing general partner. The loan is secured by a deed of trust on the property and assignment of rents. Principal and interest are payable monthly. In 2009, an amendment to the loan was entered into changing the interest from 5% to 3% per annum on the unpaid principal balance of the note. It also required monthly payments based on a 24-year amortization schedule with the entire balance paid by December 31, 2033. At June 30, 2023, the outstanding balance of the loan was $95,649 with no accrued interest outstanding. Los Vecinos (Wakeland Housing and Development Corporation) In 2008, the former RDA entered into a loan agreement with Wakeland Housing and Development Corporation to assist the borrower in constructing 41 affordable multi-family rental housing units for occupancy by extremely low, very low, and low-income households. The loan amount of $5,680,000 was funded by the Low- and Moderate-Income Housing Fund. The loan bears an interest rate of 5% per annum. Principal and interest payments will be made on an annual basis out of a fund equal to 50% of the residual receipts for years 1-30 and 75% of the residual receipts for years 31-54, until 55 years from the date the improvements are placed in service, at which time, all principal and unpaid interest is due and payable. The improvements were placed in service on February 7, 2008. At June 30, 2023, the outstanding balance of the loan was $10,037,732, which included an interest accrual of $4,357,732. Brisa del Mar (Main Plaza, LP) In 2003, the former RDA and City entered into a loan agreement with Main Plaza, LP to assist in acquiring and improving certain real property for occupancy by very low, low, and moderate-income households. The loan bears an interest rate of 3% per annum. The loan is due and payable on the date that is 55 years from the date of the City’s issuance of the Certificate of Completion, which is in 2061. At June 30, 2023, the outstanding balance of the loan was $2,593,440 which included an interest accrual of $793,440. 81 Page 446 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 5 – Receivables (Continued) B. Loans Receivable (Continued) Seniors on Broadway (MAAC Project) The City entered into a loan agreement with Seniors on Broadway, Limited Partnership to assist in acquiring and improving certain real property for occupancy by very low, low, and moderate-income households. The loan bears an interest rate of 3% per annum. The loan is due and payable on the date that is 55 years from the date of the City’s issuance of the Certificate of Completion. At June 30, 2023, the outstanding balance of the loan was $5,317,673, which included an interest accrual of $1,806,479. The Landings II (Chelsea Investment Corporation) In July 2010, the former RDA and City entered into a loan agreement with Landings II, L.P. to assist the borrower in constructing 143 affordable multifamily rental housing units for occupancy by very low- and low-income households. The loan bears an interest rate of 3.6% per annum and requires monthly payments based on a 25-year amortization schedule. At June 30, 2023, the outstanding balance of the loan was $10,177,837, which included an interest accrual of $1,995,013. First Time Home Buyers Program The Chula Vista First-Time Homebuyer Program is under the direct control of the City and its Housing Authority. The Programs is funded through U.S. Department of Housing and Urban Development HOME Investment Partnership Act and Neighborhood Stabilization Program funds. Cal Home funds from the State of California Department of Housing and Community Development are also used to fund loans. The Program is currently administered by Springboard CDFI, (formerly known as Community Housing Works Realty and Lending). The program offers low interest loans or equity share deferred gap financing loans to qualified borrowers. Loan repayments are re-deposited into the program and are redistributed as future loans. At June 30, 2023, the outstanding balance of the loan was $3,331,070, which included an interest accrual of $230,465. NSP Rental Housing Program The City entered into two separate loan agreements with San Diego Community Housing Corporation to acquire and rehabilitate rental housing for very low-income households. The loans are secured by promissory notes and a deed of trusts. The outstanding principal and interest amount of the loan will be repaid over fifty-five (55) years and shall accrue at the simple interest rate of three (3%) percent per annum. Principal and interest are payable annually out of a fund equal to 50% of residual receipts derived from the property and/or operation of the property. At June 30, 2023, the outstanding balance of the loan was $1,253,710, which included an interest accrual of $253,710. Lofts on Landis The City has adopted a Housing Element of the General Plan which sets forth the objective of providing balances and varied housing opportunities throughout the City to satisfy needs and desires of various age, income, and ethnic groups of the community. The Housing Authority found that the City’s financial participation in the development of the Landis Project will be a sound investment based upon the Developer’ ability to effectively service the City’s housing needs and priorities expressed in the housing Element and Consolidated plan. At June 30, 2023, the outstanding balance of the loan was $2,548,486, which included an interest accrual of $548,486. Duetta Apartments (F Street Family CIC, LP) In 2016, the City entered into a loan agreement with F Street Family CIC, LP to assist to assist in the construction and permanent financing of affordable multifamily apartments with 86 deed restricted units for occupancy by extremely low, very low- and lower-income households. Loans are in the principal amount of $800,000 from the 82 Page 447 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 5 – Receivables (Continued) B.Loans Receivable (Continued) City’s federal HOME funds, $372,660 from the City’s Balanced Communities In-Lieu funds, and $895,340 from Low- and Moderate-Income Housing Fund. The loan bears an interest rate of 3% simple interest per annum for a 55-year period. Payment of principal and interest is made on an annual basis out of a fund equal to 50% of the residual receipts. The outstanding principal and accrued interest on the loan is to be repaid by December 31, 2072. Fund balance has been restricted in the Federal, State, and Local Grants Special Revenue Fund and in the Low- & Moderate-Income Housing Successor Special Revenue Fund. At June 30, 2023, the outstanding balance of the loans were $2,517,424, which included an interest accrual of $449,424. Volta Senior Apartments (G Street Seniors CIC, LP) In 2016, the City entered into a loan agreement with G Street Senior CIC, LP to assist to assist in the construction and permanent financing of affordable multifamily apartments with 122 deed restricted units for occupancy by extremely low-, very low- and lower-income households. The loan amount of $932,000 was funded by the Low- and Moderate-Income Housing Fund. The loan bears an interest rate of 3% simple interest per annum for a 55- year period. Payment of principal and interest is made on an annual basis out of a fund equal to 50% of the residual receipts. The outstanding principal and accrued interest on the loan is to be repaid by December 31, 2072. Fund balance has been restricted in the Low- & Moderate-Income Housing Successor Special Revenue Fund. At June 30, 2023, the outstanding balance of the loans were $1,131,658, which included an interest accrual of $199,658. Anita Street Apartments (Wakeland- Anita LP) In 2017 and 2018, the Housing Authority entered into amended loan agreements with Wakeland Anita LP to assist in the acquisition of land and pre-development of an affordable multifamily apartment development known as Anita Street Apartments with up to 72 possible deed restricted units for occupancy by extremely low, very low- and lower-income households. This loan supports the proportionate share of costs for 30% and 45% AMI (area median income) units in the project. The total loan amount of $5,195,165 was made using low- and moderate- income housing funds. No interest accrues on the loan during the predevelopment phase of the Project. Upon completion of the predevelopment phase, the loan bears an interest rate of 3% simple interest per annum for a 55- year period. At June 30, 2023, the outstanding balance of the loans were $5,531,641, which includes an interest accrual of $336,476. Deferred development impact fees The DIF Deferral Community Facilities District (CFD 17-I) was established to promote development in specified areas of the City known as “Western Chula Vista” by deferring specific development impact fees for projects that met the specific criteria outlined in the CFD formation documents. The primary area included within the CFD plan was land west of the I-5 freeway to spur on early development in preparation for the new Bayfront project, as well as land in the portion of the City between Interstate 5 and Interstate 805, including the Palomar Gateway and Urban Core Specific Planning Areas and the Auto Park located East of the Interstate 805. As the Rate and Method of Apportionment defines, developers can defer their Development Impact Fees up to ten years or as otherwise defined in the CFD documents. Upon issuance of the Certificate of Occupancy (COO), the City calculates interest on an annual basis, and it is included as part of the long-term receivable. At June 30, 2023, the outstanding balance of the loans were $6,453,289 which includes interest accrual $487,864. 83 Page 448 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 6 – Interfund Balances and Transactions Due to/Due from other funds At June 30, 2023, interfund receivables and payables were as follows: Due from Other Funds CV Elite Athlete Training Center Nonmajor Governmental Funds Total General Fund 451,805$ 1,867,024$ 2,318,829$ Current interfund balances arise in the normal course of operations to cover cash shortages and are expected to be repaid shortly after the end of the fiscal year. Long-Term Advances At June 30, 2023, balances were as follows: Sewer Other Development Enterprise Impact Fees Funds Total Advances to Other Funds: General -$ 2,340,621$ 2,340,621$ Sewer Fund 18,174,656 - 18,174,656 Total 18,174,656$ 2,340,621$ 20,515,277$ Advances from Other Funds: The City Council authorized and set terms for loans from the Trunk Sewer fund to Salt Creek for $16,598,381, to the Storm Drain fund for $744,612, and $803,331 from the Sewer Facility fund for capital improvement projects, via Resolution 2015-035. In accordance with Council Policy No. 220-06, approved via Resolution 2015-028, the financing costs shall be calculated using the City's pooled investment earning rate on a quarterly basis. The balance was $18,174,656 at June 30, 2023, of which all $18,174,656 is outstanding from the Sewer Fund to the Sewer Development Impact Fees Fund and the portion due from the Sewer Fund to the Storm Drain Fund has been paid in full. The City Council authorized and set terms for loans from the General Fund to Transport Enterprise nonmajor enterprise fund for $4,881,710, via Resolution 2020-152. In accordance with Council Policy No. 220-06, the financing costs shall be calculated using the City's pooled investment earning rate on a quarterly basis. The balance was $2,340,621 at June 30, 2023. 84 Page 449 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 6 – Interfund Balances and Transactions (Continued) Transfers In/Out Interfund transfers for the year ended June 30, 2023, were as follows: Federal, Other CV Elite Other State, and Governmental Development Athlete Enterprise Internal Transfers Out General Local Grants Funds Sewer Fund Services Fund Training Ctr Funds Service Funds Total General -$ 491,287$ 34,705,118$ -$ 448,729$ 126,526$ 173,762$ 313,760$ 36,259,182$ Federal, State and Local Grants 1,620,972 - 1,775,899 53,806 78,420 - 58,000 8,000 3,595,097 Housing Successor Agency 5,262 - - - - - - - 5,262 Development Impact Funds 25,797 4,994,848 - 255,647 - - - 5,276,292 Other Governmental Funds 5,206,922 - 723,246 - 73,124 - - - 6,003,292 Sewer Fund 3,549,830 - - - 15,810 - - - 3,565,640 Development Services Fund 2,393,036 - - - - - - - 2,393,036 CV Elite Athlete Training Ctr - - 31,280 - - - - - 31,280 Other Enterprise Funds 3,259,685 - - - - - - - 3,259,685 Internal Service Funds 82,673 - - - - - - - 82,673 Total 16,144,177$ 491,287$ 42,230,391$ 53,806$ 871,730$ 126,526$ 231,762$ 321,760$ 60,471,439$ Transfers In General Fund – Operating support to the General Fund for City staff services and equipment. Total amount of support was $16,144,177. Federal, State and Local Grants Fund – Transferring the matching contribution to the federal grants in the amount of $491,287. Other Governmental Funds – Transfer from General Fund in the amount of $34,705,118, Development Impact Funds in the amount of $4,994,848 and from other governmental funds in the amount of $723,246 for various debt obligations. Transfer from Chula Vista Elite Athlete Training Center to Eastlake Maintenance District in the amount of $31,280 for taxes related to City owned property. Various transfers between Federal, State, and Local Grants Fund in the amount of $1,775,899. Sewer Fund – Transfer from Federal, State, and Local Grants Fund in the amount of $53,806 for operating support. Development Services Fund – Operating support to the Development Services Fund for service; $448,729 support from the General Fund and $255,647, $78,420, $73,124, and $15,810 from Development Impact Funds, Federal, State, and Local Grants Fund, Other Governmental Funds and the Sewer Fund, respectively. Chula Vista Elite Athlete Training Center – Support from General Fund: $126,526 for telecom site license fee. Other Enterprise Funds – Operating support to the Other Enterprise Funds for services provided; $173,762 and $58,000 support from the General Fund and Federal, State, and Local Grants Fund, respectively. Internal Service Funds – Operating support to the internal service funds for services provided; $313,760 and $8,000 support from the General Fund and Other Governmental Funds, respectively. 85 Page 450 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 7 – Capital Assets A. Government-Wide Financial Statements A Summary of changes in capital assets for governmental activities for the year ended June 30, 2023, was as follows: Balance Prior Period CIP Balance July 1, 2022 Adjustments Additions Deletions Transfers June 30, 2023 Capital assets, not being depreciated: Land 436,447,308$ -$ -$ (263,784)$ -$ 436,183,524$ Construction in progress 158,259,257 - 55,764,121 - (11,440,162) 202,583,216 Total capital assets, not being depreciated 594,706,565 - 55,764,121 (263,784) (11,440,162) 638,766,740 Capital assets, being depreciated: Buildings 231,162,805 - - - - 231,162,805 Improvements other than buildings 145,266,072 - 13,237,043 - - 158,503,115 Machinery and equipment 55,568,201 - 5,032,528 (1,082,468) - 59,518,261 Infrastructure 851,596,091 17,321,417 25,762,269 - 11,440,162 906,119,939 Subscription assets - 2,744,945 411,308 - - 3,156,253 Lease assets 972,381 - - (59,449) - 912,932 Subtotal 1,284,565,550 20,066,362 44,443,148 (1,141,917) 11,440,162 1,359,373,305 Less accumulated depreciation Buildings (77,435,191) - (4,540,589) - - (81,975,780) Improvements other than buildings (65,168,810) - (2,976,581) - - (68,145,391) Subscription assets - - (600,595) - - (600,595) Lease assets (237,898) - (202,949) 32,667 - (408,180) Machinery and equipment (36,343,542) - (5,528,790) 1,076,623 - (40,795,709) Infrastructure (418,539,945) (1,733,015) (23,172,047) - - (443,445,007) Subtotal (597,725,386) (1,733,015) (37,021,551) 1,109,290 - (635,370,662) Total capital assets, being depreciated 686,840,164 18,333,347 7,421,597 (32,627) 11,440,162 724,002,643 Total governmental activities 1,281,546,729$ 18,333,347$ 63,185,718$ (296,411)$ -$ 1,362,769,383$ Depreciation expense was charged to functions/programs as follows: General government 313,604$ Public safety 4,302,176 Public works 31,094,486 Community development 166,886 Parks and recreation 958,439 Library 1,060 Internal service 184,900 37,021,551$ 86 Page 451 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 7 – Capital Assets (Continued) B. Government-Wide Financial Statements (Continued) A Summary of changes in capital assets for business-type activities for the year ended June 30, 2023, was as follows: July 1, 2022 Additions Deletions Transfers June 30, 2023 Capital assets, not being depreciated: Land 181,275,803$ -$ -$ -$ 181,275,803$ Construction in progress 10,030,004 4,883,712 - (4,610,816) 10,302,900 Total capital assets, not being depreciated 191,305,807 4,883,712 - (4,610,816) 191,578,703 Capital assets, being depreciated: Buildings and Structures 17,159,874 --- 17,159,874 Improvments other than buildings 595,267 --- 595,267 Subscription assets - 872,626 - - 872,626 Lease assets 229,576 - (224,226) -5,350 Machinery and equipment 13,700,082 633,756 (378,793) - 13,955,045 Infrastructure 257,945,948 5,984,987 - 4,610,816 268,541,751 Subtotal 289,630,747 7,491,369 (603,019) 4,610,816 301,129,913 Less accumulated depreciation Buildings and Structures (2,146,407) (339,817) -- (2,486,224) Improvments other than buildings (434,583) (30,156) -- (464,739) Subscription assets - (174,525) - - (174,525) Lease assets (58,731) (7,346) 60,727 -(5,350) Machinery and equipment (7,900,465) (1,744,886) 378,793 - (9,266,558) Infrastructure (146,032,715) (5,487,291) - (151,520,006) Subtotal (156,572,901) (7,784,021) 439,520 - (163,917,402) Total capital assets, being depreciated 133,057,846 (292,652) (163,499) 4,610,816 137,212,511 Total governmental activities 324,363,653$ 4,591,060$ (163,499)$ -$ 328,791,214$ Depreciation/amortization expense for business-type activities for the year ended June 30, 2023, was as follows: CV Elite Training Center 337,146$ Sewer 6,289,202 Sewer Development Impact Fees 3,041 Development Services 209,453 Transport Enterprise 884,806 Golf course 51,912 Transit 8,461 7,784,021$ 87 Page 452 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 7 – Capital Assets (Continued) A. Fiduciary Funds Financial Statements A Summary of changes in capital assets for fiduciary funds for the year ended June 30, 2023, were as follows: Balance CIP Balance July 1, 2022 Additions Deletions Transfers June 30, 2023 Capital assets, not being depreciated: Land 5,600,080$ -$ -$ -$ 5,600,080$ Construction in progress 27,796,396 108,026,036 - - 135,822,432 Total capital assets, not being depreciated 33,396,476 108,026,036 - - 141,422,512 Capital assets, being depreciated: Buildings and Structures 2,386,218 --- 2,386,218 Subtotal 2,386,218 - - - 2,386,218 Less accumulated depreciation Buildings and Structures (1,588,087) (47,724) -- (1,635,811) Subtotal (1,588,087) (47,724) - - (1,635,811) Total capital assets, being depreciated 798,131 (47,724) - - 750,407 Total governmental activities 34,194,607$ 107,978,312$ -$ -$ 142,172,919$ Depreciation expense for fiduciary funds for the year ended June 30, 2023, was $47,724 being reported in private-purpose trust funds. Note 8 – Long-Term Liabilities A summary of changes in long-term debt for the year ended June 30, 2023, was as follows: Balance Balance Amount Beginning of End Due Within Year Additions Deletions of Year One Year Governmental Activities: Bonds payable Certificates of participation 63,205,000$ -$ 4,250,000$ 58,955,000$ 4,475,000$ Lease revenue bonds 63,135,000 - 7,860,000 55,275,000 7,935,000 Premium 10,314,453 - 1,486,612 8,827,841 - Total bonds payable 136,654,453 - 13,596,612 123,057,841 12,410,000 Private placement notes 8,995,027 - 2,769,433 6,225,594 930,385 Pension-related debt 316,587,171 - 8,105,450 308,481,721 8,298,985 Financed purchases 4,800,982 3,986,966 876,134 7,911,814 952,031 Total Governmental Activities 467,037,633$ 3,986,966$ 25,347,629$ 445,676,970$ 22,591,401$ Business-Type Activities: Pension-related debt 26,932,829$ -$ 689,550$ 26,243,279$ 706,015$ Financed purchases 3,630,290 - 894,038 2,736,252 903,000 Total Business-Type Activities 30,563,119$ -$ 1,583,588$ 28,979,531$ 1,609,015$ Governmental Activities A. Certificates of Participation 2014 Refunding COP In February 2014, the Chula Vista Public Financing Authority (Authority) issued $45,920,000 in 2014 Certificates of Participation to refinance the City’s outstanding 2002 Certificates of Participation (Police 88 Page 453 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Facility Project), fund a reserve fund, and pay the costs incurred in connection with the execution and delivery of the Certificates. The Note 8 – Long-Term Liabilities (Continued) Governmental Activities (Continued) A. Certificates of Participation (Continued) 2014 Refunding COP (Continued) source of repayment of the certificates is the lease payments to be made by the City to the Authority. Should the City default under the lease, the Trustee, as assignee of the Authority, may terminate the lease and re-lease the leased premises or may retain the lease and hold the City liable for all lease payments thereunder on an annual basis. Under no circumstances will the Trustee have the right to accelerate lease payments. Interest is payable semiannually on April 1 and October 1 of each year, commencing October 1, 2014. The certificates mature in 2032 and principal is payable on October 1 each year, commencing October 1, 2014. As of June 30, 2023, the outstanding balance was $29,425,000. 2015 Refunding COP In August 2015, the Chula Vista Public Financing Authority (Authority) issued $34,330,000 in 2015 Certificates of Participation to refinance the City’s outstanding 2004 Certificates of Participation (Civic Center Project Phase) and a portion of the 2006 Certificates of Participation (Civic Center Project Phase II), fund a reserve fund, and pay the costs incurred in connection with the execution and delivery of the Certificates. The refunding resulted in a difference between the reacquisition price and the net carrying amount of the old debt of $445,970, which is reported as a deferred outflow of resources in the accompanying financial statements and amortized over the remaining life of the refunded debt. The City completed the refunding to reduce its total debt service payments by $4,384,723 and to obtain an economic gain (difference between the present values of the old and new debt services payments) of $3,073,833. The source of repayment of the certificates is the lease payments to be made by the City to the Authority. Should the City default under the lease, the Trustee, as assignee of the Authority, may terminate the lease and re-lease the leased premises or may retain the lease and hold the City liable for all lease payments thereunder on an annual basis. Under no circumstances will the Trustee have the right to accelerate lease payments. Interest is payable semi-annually on March 1 and September 1 of each year, commencing March 1, 2016. The certificates mature in 2034 and principal is payable on March 1 each year, commencing October 1, 2015. As of June 30, 2023, the outstanding balance was $20,930,000. 2016 Refunding COP In July 2016, the Chula Vista Public Financing Authority (Authority) issued $8,600,000 in 2016 Certificates of Participation (Certificates) to current refund all of the City’s outstanding 2006 Certificates of Participation (Civic Center Project – Phase 2), to satisfy the reserve requirement with respect to the Certificates and to pay the costs of issuance of the Certificates. The refunding resulted in a difference between the reacquisition price and the net carrying amount of the old debt of $221,204, which is reported as a deferred outflow of resources in the accompanying financial statements and amortized over the remaining life of the refunded debt. The City completed the refunding to reduce its total debt service payments by $1,144,525 and to obtain an economic gain (difference between the present values of the old and new debt services payments) of $973,849. The source of repayment of the certificates is the lease payments to be made by the City to the Authority. Should the City default under the lease, the Trustee, as assignee of the Authority, may terminate the lease and re-lease the leased premises or may retain the lease and hold the City liable for all lease payments thereunder on an annual basis. Under no circumstances will the Trustee have the right to accelerate lease payments. Interest is payable semi-annually on March 1 and September 1 of each year, commencing March 1, 2017. The certificates mature in 2036 and principal is payable on March 1 each year, commencing March 1, 2027. As of June 30, 2023, the outstanding balance was $8,600,000. 89 Page 454 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 8 – Long-Term Liabilities (Continued) Governmental Activities (Continued) B. Lease Revenue Bonds 2016 Lease Revenue Refunding Bonds In July 2016, the Chula Vista Municipal Financing Authority (Authority) issued $25,885,000 in 2016 Lease Revenue Refunding Bonds to refinance an existing lease by advance refunding the City’s outstanding 2010 Certificates of Participation (Capital Facilities Refunding Projects) and to pay the costs of issuance of the Bonds. The refunding resulted in a difference between the reacquisition price and the net carrying amount of the old debt of $4,898,948, which is reported as a deferred outflow of resources in the accompanying financial statements and amortized over the remaining life of the refunded debt. The City completed the refunding to reduce its total debt service payments by $2,167,047 and to obtain an economic gain (difference between the present values of the old and new debt services payments) of $2,293,798. The source of repayment of the certificates is the lease payments to be made by the City to the Authority. Should the City default under the lease agreement, the Trustee, as assignee of the Authority, may terminate the lease agreement and re-lease the leased property or may retain the lease agreement and hold the City liable for all base rental payments thereunder on an annual basis. Under no circumstances will the Trustee have the right to accelerate base rental payments. Interest is payable semi-annually on November 1 and May 1 of each year, commencing November 1, 2016. The certificates mature in 2033 and principal is payable on May 1 each year, commencing May 1, 2017. As of June 30, 2023, the outstanding balance was $16,040,000. 2017 Lease Revenue Bonds In June 2017, the Chula Vista Municipal Financing Authority (Authority) issued $61,355,000 in 2017 Lease Revenue Bonds to finance infrastructure, facilities, and equipment and to pay the costs of the issuance of the bonds. Should the City default under the lease agreement, the Trustee, as assignee of the Authority, may terminate the lease agreement and re-lease the leased property or may retain the lease agreement and hold the City liable for all base rental payments thereunder on an annual basis. Under no circumstances will the Trustee have the right to accelerate base rental payments. Interest is payable semi-annually on November 1 and May 1 of each year, commencing November 1, 2017. The bonds mature in 2027 and principal is payable on May 1 each year, commencing May 1, 2019. As of June 30, 2023, the outstanding balance was $26,620,000. 2017 Lease Revenue Bonds, Series A (New Clean Renewable Energy Bonds – Federally Taxable) In December 2017, the Chula Vista Municipal Financing Authority (Authority) issued $12,045,000 in 2017 Lease Revenue Bonds, Series A (New Clean Renewable Energy Bonds – Federally Taxable), to finance photovoltaic energy systems at various City facilities, to capitalize interest on the bonds and to pay the costs of issuance of the bonds. Should the City default under the lease agreement, the Trustee, as assignee of the Authority, either may terminate the lease agreement and re-lease the leased property or may retain the lease agreement and hold the City liable for all base rental payments thereunder on an annual basis. Under no circumstances will the Trustee have the right to accelerate base rental payments. Interest is payable semi-annually on December 1 and June 1 of each year, commencing June 1, 2018. The bonds mature in 2049 and principal is payable on December 1 each year, commencing December 1, 2021. As of June 30, 2023, the outstanding balance was $11,955,000. 2017 Lease Revenue Bonds, Series B (Tax-Exempt) In December 2017, the Chula Vista Municipal Financing Authority (Authority) issued $1,085,000 in 2017 Lease Revenue Bonds, Series B (Tax-Exempt), to finance photovoltaic energy systems at various City facilities, to capitalize interest on the bonds and to pay the costs of issuance of the bonds. Should the City default under the lease agreement, the Trustee, as assignee of the Authority, either may terminate the lease agreement and re-lease the leased property or may retain the lease agreement and hold the City liable for all base rental payments thereunder on an annual basis. Under no circumstances will the Trustee have the right to accelerate base rental payments. Interest is payable semi-annually on December 1 and June 1 of each year, commencing June 1, 2018. 90 Page 455 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 8 – Long-Term Liabilities (Continued) Governmental Activities (Continued) B. Lease Revenue Bonds (Continued) 2017 Lease Revenue Bonds, Series B (Tax-Exempt) (Continued) The bonds mature in 2029 and principal is payable on December 1 each year, commencing December 1, 2019. As of June 30, 2023, the outstanding balance was $660,000. C. Private Placement Notes Section 108 Loan In June 2008, the City entered into a contract for loan guarantee assistance with the U.S. Department of Housing and Urban Development (“HUD”) as part of the Section 108 Loan Program in the amount of $9,500,000. The Section 108 Loan is an “advance” of future CDBG entitlement funds and, as such, is repaid with a portion of the City’s annual entitlement. Proceeds of the loan will be used to fund multiple capital improvement projects. Debt service payments will be made with future CDBG entitlements for 20 years, with interest payments beginning with fiscal year 2009. On November 27, 2018, the City received notice from HUD regarding the opportunity to refinance the existing Section 108 Loan from an average of 5.19% interest rate (2019 through 2028) to an estimated average of 3.23% interest rate (2019 through 2028). On December 6, 2018, the City notified HUD of its election to redeem the current note. The City signed the agreement for the refinancing on January 23, 2019. No changes were made to the term of the loan. As of June 30, 2023, the outstanding balance was $3,868,000. Taxable QECB Lease/Purchase Agreement On December 31, 2012, the City entered into a lease purchase agreement with a private party to purchase certain energy conservation equipment. The lease/purchase agreement would bridge the financial gap between the Municipal Street Listing Retrofit Project capital costs and the available rebates for energy conservation equipment. As of June 30, 2023, the outstanding balance was $297,942. California Energy Commission Loans/SDG&E On-Bill Financing On September 25, 2007, the City Council approved Resolution 2007-241 authorizing the City’s participation in the California Energy Commission (“CEC”) and the SDG&E On-Bill Financing program. The loans would bridge the financial gap between energy conservation project capital costs and the available rebates for energy conservation equipment. As of June 30, 2023, the outstanding balance was $505,403. Department of Housing and Community Development Emergency Rental Assistance Program (ERAP) Loan On May 24, 2022, the City entered into a 0% interest “cashflow loan/note” agreement with the Department of Housing and Community Development for an ERAP loan in the amount of $8,567,338 for eligible rent and utilities assistance payments for rent arrears, utility arrears, and local administrative expenses, as defined in the U.S Treasury’s guidance. The loan was to be administered in three tranches, of which the City received tranche one in the amount of $3,426,934. In 2023, after only receiving one tranche, it was determined that only $1,554,249 would be utilized and $1,872,685 was returned to the lender. As of June 30, 2023, the outstanding balance was $1,554,249. 91 Page 456 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 8 – Long-Term Liabilities (Continued) Governmental Activities (Continued) D. Pension-Related Debt 2021 Taxable Pension Obligation Bonds In February 2021, the City issued $350,025,000 in 2021 Taxable Pension Obligation Bonds to finance the rolled forward Pension Liability as of June 30, 2019, as projected by CalPERS. Interest is payable semi- annually on December 1 and June 1 of each year, commencing December 1, 2021. The bonds mature in 2045 and principal is payable on December 1 each year, commencing June 1, 2022. As of June 30, 2023, the outstanding balance is $334,725,000. The bonds are allocated among the various funds on the same basis as the City’s net pension liability. The portion of the bonds attributable to governmental activities, after the allocation attributable to business-type activities of $26,243,279, on June 30, 2023, was $308,481,721. E. Financed Purchases Solar Energy Financing On July 23, 2013, the City Council approved Resolution 2013-149 authorizing the City to utilize a $2,121,500 Tax-Exempt Facility Lease Purchase Agreement with Banc of America, which would be repaid through the annual energy cost savings. As of June 30, 2023, the outstanding balance was $924,108. JP Morgan Equipment Financed Purchase Agreement In August 2016, the City entered into a financed purchase agreement with JP Morgan Chase Bank, N.A. for the acquisition of one Pierce Fire Engine. The agreement term is ten years and the agreement amount of $1,229,470 is to be paid in annual installments beginning in August 2017. As of June 30, 2023, the outstanding balance was $523,366. Motorola Solutions CAD Equipment Financed Purchase Agreement In July 2017, the City entered into a financed purchase agreement with Motorola Solutions, Inc. for the acquisition of a PSA System. The agreement term is ten years and the agreement amount of $1,351,409 is to be paid in annual installments beginning in July 2018. As of June 30, 2023, the outstanding balance was $629,328. JP Morgan Equipment Financed Purchase Agreement In October 2019, the City entered into a financed purchase agreement with JP Morgan Chase Bank, N.A. for the acquisition of one Pierce Fire Engine. The agreement term is ten years and the agreement amount of $720,786 is to be paid in annual installments beginning in October 2019. As of June 30, 2023, the outstanding balance was $463,322. Banc of America Equipment Financed Purchase Agreement In July 2020, the City entered into a financed purchase agreement with Banc of America Public Capital Corp. for the acquisition of two Pierce Arrow Pumpers. The agreement term is 5 years and the agreement amount of $2,273,805 is to be paid in annual installments beginning on July 30, 2021. As of June 30, 2023, the outstanding balance was $1,384,723. JP Morgan Equipment Financed Purchase Agreement In November 2022, the City entered into a financed purchase agreement with JP Morgan Chase Bank, N.A. for the acquisition of two Pierce Fire Engine and one Pierce Tractor Drawn Aerial Engine. The agreement term is ten years and the agreement amount of $3,986,967 is to be paid in annual installments beginning in May 2024. As of June 30, 2023, the outstanding balance was $3,986,967. 92 Page 457 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 8 – Long-Term Liabilities (Continued) Governmental Activities (Continued) F. Debt Service to Maturity The debt service requirements to maturity for the long-term debts previously described are as follows: Year Ending June 30, Principal Interest Total Principal Interest Total 2024 4,475,000 2,341,894 6,816,894 7,935,000 2,401,049 10,336,049 2025 4,660,000 2,158,319 6,818,319 8,345,000 2,021,878 10,366,878 2026 4,885,000 1,934,444 6,819,444 8,760,000 1,623,764 10,383,764 2027 5,025,000 1,716,794 6,741,794 9,185,000 1,205,839 10,390,839 2028 5,245,000 1,504,469 6,749,469 2,090,000 803,104 2,893,104 2029-2033 29,745,000 4,093,384 33,838,384 9,175,000 2,945,017 12,120,017 2034-2038 4,920,000 248,788 5,168,788 2,225,000 1,821,402 4,046,402 2039-2043 - - - 2,905,000 1,309,131 4,214,131 2044-2048 - - - 3,780,000 607,691 4,387,691 2049-2053 - - - 875,000 18,703 893,703 Total 58,955,000$ 13,998,092$ 72,953,092$ 55,275,000$ 14,757,578$ 70,032,578$ Year Ending June 30, Principal Interest Total Principal Interest Total 2024 930,385 124,666 1,055,051 9,005,000 7,658,019 16,663,019 2025 864,939 96,420 961,359 9,215,000 7,620,288 16,835,288 2026 801,021 72,814 873,835 9,475,000 7,559,469 17,034,469 2027 2,213,250 50,896 2,264,146 9,715,000 7,479,879 17,194,879 2028 692,000 31,542 723,542 10,030,000 7,366,796 17,396,796 2029-2033 723,999 10,806 734,805 56,455,000 34,255,580 90,710,580 2034-2038 - - - 82,960,000 27,305,633 110,265,633 2039-2043 - - - 101,455,000 15,453,325 116,908,325 2044-2048 - - - 46,415,000 2,005,729 48,420,729 Total 6,225,594$ 387,144$ 6,612,738$ 334,725,000$ 116,704,718$ 451,429,718$ Year Ending June 30, Principal Interest Total Principal Interest Total 2024 952,031 314,838 1,266,869 23,297,416 12,840,466 36,137,882 2025 1,319,037 223,772 1,542,808 24,403,976 12,120,677 36,524,652 2026 1,356,775 189,334 1,546,109 25,277,796 11,379,825 36,657,621 2027 924,982 154,824 1,079,806 27,063,232 10,608,232 37,671,464 2028 652,520 122,566 775,086 18,709,520 9,828,477 28,537,997 2029-2033 2,706,470 245,967 2,952,436 98,805,469 41,550,754 140,356,222 2034-2038 - - - 90,105,000 29,375,823 119,480,823 2039-2043 - - - 104,360,000 16,762,456 121,122,456 2044-2048 - - - 50,195,000 2,613,420 52,808,420 2049-2053 - - - 875,000 18,703 893,703 Total 7,911,814$ 1,251,300$ 9,163,114$ 463,092,408$ 147,098,832$ 610,191,240$ Certificates of Participation Lease Revenue Bonds Private Placement Notes Pension-Related Debt* Financed Purchase Agreements Total Future Debt Service *Pension-Related Debt amounts contain both governmental activities and business-type activities totals. 93 Page 458 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 8 – Long-Term Liabilities (Continued) Business-Type Activities A. Pension-Related Debt 2021 Taxable Pension Obligation Bonds In February 2021, the City issued $350,025,000 in 2021 Taxable Pension Obligation Bonds to finance the rolled forward pension liability as of June 30, 2019, as projected by CalPERS. Interest is payable semi-annually on December 1 and June 1 of each year, commencing December 1, 2021. The bonds mature in 2045 and principal is payable on December 1 each year, commencing June 1, 2022. As of June 30, 2023, the outstanding balance is $334,725,000. The bonds are allocated among the various funds on the same basis as the City’s net pension liability. The portion of the bonds attributable to business-type activities, after the allocation attributable to governmental activities at June 30, 2023, was $26,243,279. Refer to the debt service requirements to maturity for this bond on the previous page. B. Financed Purchase Agreements Banc of America Equipment Financed Purchase Agreement In July 2020, the City entered into a financed purchase agreement with Banc of America Public Capital Corp. for the acquisition of a Medix Ambulance, and various equipment associated with the ambulance. The financing term is 5 years and the payment amount of $4,493,100 is to be paid in annual installments beginning on July 30, 2021. As of June 30, 2023, the outstanding balance was $2,736,252. C. Debt Service to Maturity Year Ending June 30,Principal Interest Total 2024 903,000$ 25,112$ 928,112$ 2025 912,053 16,058 928,112 2026 921,199 6,913 928,112 Total 2,736,252$ 48,083$ 2,784,336$ Financed Purchase Agreements Fiduciary Funds Long-Term Debt A. Tax Allocation Bonds Balance Balance Amount Beginning End Due Within of Year Additions Deletions of Year One Year Private Purpose Trust Funds Bonds payable Tax Allocation Refunding Bonds 20,930,000$ -$ 1,920,000$ 19,010,000$ 1,995,000$ Premium 3,281,459 - 234,390 3,047,069 - Total Private Purpose Trust Funds 24,211,459$ -$ 2,154,390$ 22,057,069$ 1,995,000$ 94 Page 459 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 8 – Long-Term Liabilities (Continued) Fiduciary Funds Long-Term Debt (Continued) A. Tax Allocation Bonds (Continued) 2016 Tax Allocation Refunding Bonds In July 2016, the Successor Agency to the Redevelopment Agency of the City of Chula Vista (the Successor Agency) issued $29,315,000 in 2016 Tax Allocation Refunding Bonds to refinance the following obligations of the Former Agency: Bayfront/Town Centre Redevelopment Project 2006 Senior Tax Allocation Refunding Bonds, Series A, currently outstanding in the principal amount of $8,770,000. Bayfront/Town Centre Redevelopment Project 2006 Subordinate Tax Allocation Refunding Bonds, Series B, currently outstanding in the principal amount of $8,245,000; and 2008 Tax Allocation Refunding Bonds (Merged Redevelopment Project), currently outstanding in the principal amount of $20,450,000. The refunding resulted in a difference between the reacquisition price and the net carrying amount of the old debt of $1,669,678, which is reported as a deferred outflow of resources in the accompanying financial statements and amortized over the remaining life of the refunded debt. The City completed the refunding to reduce its total debt service payments by $9,561,410 and to obtain an economic gain (difference between the present values of the old and new debt services payments) of $4,617,835. In the event of default of the payment of the scheduled principal of or interest on the 2016 Insured Bonds when all or some becomes due, the Trustee on behalf of any owner of the 2016 Insured Bonds shall have a claim under the 2016 Insurance Policy for such payments. The maturity of Insured bonds shall not be accelerated without the consent of the 2016 Insurer. Interest is payable semi-annually on April 1 and October 1 of each year, commencing April 1, 2017. The certificates mature in 2037 and principal is payable on October 1 each year, commencing October 1, 2017. As of June 30, 2023, the outstanding balance was $19,010,000. The annual debt service requirements for the 2016 Tax Allocation Refunding Bonds outstanding at June 30, 2023, are as follows: Year Ending June 30,Principal Interest Total 2024 1,995,000 795,100 2,790,100 2025 2,075,000 713,700 2,788,700 2026 2,155,000 629,100 2,784,100 2027 1,520,000 555,600 2,075,600 2028 1,585,000 485,575 2,070,575 2029-2033 4,855,000 1,646,625 6,501,625 2034-2038 4,825,000 375,050 5,200,050 Total 19,010,000$ 5,200,750$ 24,210,750$ 95 • • • Page 460 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 8 – Long-Term Liabilities (Continued) Fiduciary Funds Long-Term Debt (Continued) A. Tax Allocation Bonds (Continued) Pledged Revenues The Successor Agency has pledged tax revenues to the repayment of the RDA’s debts transferred to it on February 1, 2012, through the final maturity of the bonds, or early retirement of the bonds, whichever comes first. Tax revenues consist of Redevelopment Property Tax Trust Fund distributions allocated to the RDA’s project areas pursuant to Section 33670 of the Redevelopment Law excluding that portion of such tax increment revenues required to be paid under tax-sharing agreements unless the payment of such amounts has been subordinated to payment of debt services on the bonds. Redevelopment Property Tax Trust Fund distributions earned in fiscal year 2023 was $3,051,551 and total debt service of all Tax Allocation Bonds paid was $2,793,400. The bonds required 92% of net distributions. In future years, annual principal and interest payments on the Tax Allocation Bonds are expected to require 84% of Redevelopment Property Tax Trust Fund distributions. B. Special Assessment Debt – Non-City Obligations Bonds issued to finance public improvement projects in certain assessment districts are liabilities of the property owners and are secured by liens against the assessed properties. The City acts as an agent for collection of principal and interest payments by the property owners and remittance of such monies to the bondholders. The City has no obligation or duty to pay any delinquency out of any available funds of the City. Neither the faith, credit, nor the taxing power of the City is pledged to the payment of the bonds. At June 30, 2023, the special assessment debts recorded in custodial funds outstanding were as follows: Original Outstanding Amount June 30, 2023 Special Tax Revenue Refunding Bonds, Series 2013 72,100,000$ 47,590,000$ Special Tax Revenue Refunding Bonds, Series 2015A 30,460,000 24,270,000 Revenue Refunding Bonds, Series 2015B 43,695,000 27,835,000 CVBFFA Revenue Bonds Series 2022A 37,202,668 *192,789,453 CVBFFA Revenue Bonds Series 2022B 10,000,000 10,000,000 CFD 16-1 1A1 12,280,000 10,830,000 CFD 16-1 1A2 11,255,000 11,195,000 Bond Premium 10,389,831 7,829,097 Total 227,382,499$ 332,338,550$ *An additional $155,586,785 was issued in Fiscal Year 2022-2023. 96 Page 461 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 8 – Long-Term Liabilities (Continued) Fiduciary Funds Long-Term Debt (Continued) C. Multi-Family Housing Bonds – Non-City Obligations Bonds issued to finance public improvement and/or affordable multifamily housing projects are liabilities of the developers and are secured by liens against the assessed property. The City has no obligation or duty to pay any delinquency out of any available funds of the City. Neither the faith, credit, nor the taxing power of the City is pledged to the payment of the bonds. Therefore, none of the following obligations are included in the accompanying basic financial statements. At June 30, 2023, the multi-family housing bonds outstanding were as follows: Original Outstanding Amount June 30, 2023 2007 A Oxford Terrace Apartments 2,276,000$ 1,515,000$ 2007 B Oxford Terrace Apartments 2,363,000 2,363,000 2006 A Teresina Apartment Projects 37,940,000 37,940,000 2007 C The Landing Apartment 16,670,000 5,401,854 2013 A Congregational Tower 20,540,000 18,490,207 2016 A-1 Duetta Apts Homes 18,675,000 7,484,432 2016 A-3 Duetta Apts Homes junior 725,000 719,000 2016 B-1 Volta Apts Homes 20,925,000 9,517,240 2016 B-3 Volga Apts Homes Junior 775,000 36,000 2010 A-1 Landings II Senior 11,786,233 9,679,906 2019 A Cordova and Trolley Apartments 6,450,000 3,830,396 2019 Series B-1 St. Regis Park Apartmenrs 13,300,000 12,867,606 2019 Series B-4 Sub St. Regis Park Apartmenrs 6,800,000 7,339,623 2020 Series A Otay Ranch Apartments 5,354,124 35,000,000 2021 Series A-3 Columbia Apartments 2,600,000 2,600,000 2021 Series A-1 Columbia Apartments 13,316,443 49,500,000 2021 Series A-2 Columbia Apartments 1,434,112 1,434,112 2023 Series A-1 Otay Ranch Apartments 4,000,000 4,000,000 2023 Series A-2 Otay Ranch Apartments 890,829 890,829 Total 186,820,741$ 210,609,205$ Note 9 – Unearned Revenue At June 30, 2023, unearned revenue was reported in the amount of $48,025,429 in governmental activities and related to grant program funding, National Opioid Settlements, and Mobile Park Fees received but not expended for allowable costs as of June 30, 2023. Note 10 – Compensated Absences The City’s liability for vested and unpaid compensated absences (accrued vacation) has been accrued and amounts to $10,880,804 at June 30, 2023. For the governmental activities claims and judgments and compensated absences are generally liquidated by the general fund and the fleet management internal service fund. In business-type funds, the liabilities are typically liquidated by the Sewer Fund, Development Services Fund, and Other Enterprise Funds. The table and schedule below describe the dollar amount of compensated absences allocated to the different activities and funds, the percentage of liquidation applicable to those funds or activities, and the changes in compensated absences for the year. 97 Page 462 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 10 – Compensated Absences (Continued) Percentage of Balance Liquidation Governmental Activities General Fund 9,817,024$ 90.2% Fleet Management internal service fund 77,538 0.7% Subtotal - Governmental Activities 9,894,562 Business-Type Activities Sewer Fund 270,991 2.5% Development Services Fund 491,073 4.5% Other Enterprise Funds 224,178 2.1% Subtotal - Business-Type Activities 986,242 Total Compensated Absences 10,880,804$ 100.0% Balance Balance Amount Beginning End Due Within of Year Additions Deletions of Year One Year Governmental Activites Compensated Absences 9,399,894$ 6,927,158$ 6,432,490$ 9,894,562$ 7,064,514$ Business-Type Activities Compensated Absences 844,715 804,418 662,891 986,242 665,155 Grand Total 10,244,609$ 7,731,576$ 7,095,381$ 10,880,804$ 7,729,669$ Note 11 – Self-Insurance Accrued Liabilities California employers, including the cities, are required to provide for workers’ compensation when the employees are injured on the job and the City, in compliance with its workers’ compensation obligations, has a self-insurance workers’ compensation program. To administer City’s workers’ compensation program, the City requires a qualified workers’ compensation claims management service company (commonly called "Third Party Administrators" or "TPA") to supervise and administer the workers’ compensation claims made upon the City's self-insurance program. City Council of the City of Chula Vista authorized the City Manager to execute an Agreement with Intercare Holdings Insurance Services, Inc., to act as the Third-Party Administrator for the City’s Workers’ Compensation Program, effective July 1, 2023. The term of this agreement began July 1, 2023, and ended on June 30, 2026, for completion of all Required Services. The Agreement may be extended for up to three (3) additional terms. The City is self-insured for the first $1,000,000 per occurrence for workers’ compensation liabilities. Excess workers’ compensation coverage is obtained through participation in the Public Risk Innovation, Solutions, and Management (PRISM), formerly known as CSAC - Excess Insurance Authority. As of June 30, 2023, the program that offers per occurrence coverage up to $5,000,000 through pooled resources and from $5,000,000 to statutory limits via group purchased excess insurance policies. 98 Page 463 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 11 – Self-Insurance Accrued Liabilities (Continued) Only the probable amounts of loss as estimated by the City’s Risk Manager and Attorney, including an estimate of incurred-but-not reported losses, have been recorded as liabilities in the accompanying basic financial statements. There were no reductions in insurance from the prior year and there were no insurance settlements that exceeded coverage in each of the past three years. The aggregate change in the balance of claims payable as recorded in the Governmental Activities was as follows: Year Ended June 30, Beginning Balance Claims and Changes in Estimates Claims Payments Ending Balance 2021 24,685,336 11,304,276 (4,981,945) 31,007,667 2022 31,007,667 4,790,376 (4,565,636) 31,232,407 2023 31,232,407 15,508,678 (8,663,212) 38,077,873 The City determines that $4,000,000 of the $38,077,873 to be short term. The liabilities for claims and judgments are typically liquidated from the General Fund. Note 12 – Leases A. Lease Receivable and Deferred Inflows of Resources 430 F Street Property License Agreement (Previously known as 430 F Street Lease) On July 1, 2021, the City entered into a 24-month lease as Lessor for the use of office space on 430 F Street. On March 28, 2023, the City replaced the 24-month lease with a 39-month property license agreement. An initial lease receivable for the property lease was recorded in the amount of $116,640. An initial lease receivable for the property license agreement was recorded in the amount of $199,542. As of June 30, 2023, the value of the lease receivable is $184,542. The lessee is required to make monthly fixed payments of $5,000. The license agreement has an interest rate of 0%. The office space estimated useful life was 39 months as of the contract commencement. The value of the deferred inflow of resources as of June 30, 2023 was $184,542, and the City recognized lease revenue of $58,740 during the fiscal year. The term may be extended by mutual agreement of the parties. B. Lease Payable Dell MDC Lease On July 1, 2021, the City entered into a 27-month lease as Lessee for the use of Dell Latitude 5420 computers. An initial lease liability was recorded in the amount of $163,936. As of June 30, 2023, the value of the lease liability was $0. The computers estimated useful life was 0 months as of the contract commencement. The value of the lease asset as of June 30, 2023 of $163,936 with accumulated amortization of $163,936 is included with leased assets in Note 7A table for the governmental activities. The City has the option to purchase the computers for $1 (one dollar). Key Government Finance Inc. – NIC Lease On July 1, 2021, the City entered into a 29-month lease as Lessee for the use of NIC networking equipment, software and licensing package. An initial lease liability was recorded in the amount of $47,442. On July 1, 2022, the implementation of GASB 96 Subscription Based Information Technology Arrangements went into effect and a total of $10,449 under this lease was reclassified to GASB 96 (Please refer to “Note 13 – Subscription Based Information Technology Arrangements” for additional information). A total of $14,808 remained under this lease. As of June 30, 2023 the value of the lease liability is $0. The leased NIC equipment estimated useful life was 0 months as of the contract commencement. The value of the lease asset as of June 30, 2023 was $36,993 with an accumulated amortization of $36,993 is included with leased assets in Note 7A table for the governmental activities. The City has the option to purchase the equipment for $1 (one dollar). 99 Page 464 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 12 – Leases (Continued) B.Lease Payable (Continued) Mail Folding Machine Lease On July 1, 2021, the City entered into an 18-month lease as Lessee for the use of a Mail Folding Machine. An initial lease liability was recorded in the amount of $10,700. As of June 30, 2023, the value of the lease liability is $0. The machine estimated useful life was 0 months as of the contract commencement. The value of the lease asset as of June 30, 2023 was $10,700 and the accumulated amortization of $10,700 is included with leased assets in Note 7A table for the governmental activities and Note 7A table for the business-type activities. The City has the option to purchase the machine for $1 (one dollar). PNC Equipment Lease On July 1, 2021, the City entered into a 53-month lease as Lessee for the use of two 2016 Pierce Arrow XT Triple Combination Pumper apparatuses. An initial lease liability was recorded in the amount of $706,653. As of June 30, 2023, the value of the lease liability is $442,467. The City is required to make annual fixed payments of $152,189. The lease has an interest rate of 3.2000%. The apparatuses estimated useful life was 0 months as of the contract commencement. The value of the lease asset as of June 30, 2023 of $706,653 with accumulated amortization of $201,901 is included with leased assets in Note 7A table for the governmental activities. The City has the option to purchase the equipment for $441,699. Velosimo Inc. Software Integration Platform Lease On July 1, 2021, the City entered into a 52-month lease as Lessee for the use of Velosimo Software Integration Platform. An initial lease liability was recorded in the amount of $224,226. As of June 30, 2022, the value of the lease liability was $182,726. On July 1, 2022, the implementation of GASB 96 Subscription Based Information Technology Arrangements went into effect and the full balance at July 1, 2022 was removed from Leases Payable (Please refer to “Note 13 – Subscription Based Information Technology Arrangements” for additional information). The following is a summary of changes in leases of the City for the year ended June 30, 2023: Additions Deletions 694,262$ (10,449)$ -$ 241,346$ 442,467$ 138,466$ Additions Deletions 184,617$ (182,726)$ -$ 1,891$ -$ -$ Governmental Activities Adjustments AdjustmentsBeginning Balance Ending Balance Due in One Year Business-Type Activities Beginning Balance Ending Balance Due in One Year 100 Page 465 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 12 – Leases (Continued) B.Lease Payable (Continued) Future principal and interest requirements to maturity for the combined lease liability as of June 30, 2023 were as follows: Year ending June 30, Principal Interest Total Payments 2024 138,466$ 13,723$ 152,189$ 2025 142,897 9,292 152,189 2026 161,103 4,719 165,822 Total 442,467$ 27,733$ 470,200$ Future Principal and Interest Requirements Governmental Activities Note 13 – Subscription Based Information Technology Arrangements A. Subscriptions Payable Accela Software On July 1, 2022, the City entered into a 36-month subscription for the use of Accela Software. An initial subscription liability was recorded in the amount of $802,042. As of June 30, 2023, the value of the subscription liability is $543,913. The City is required to make annual fixed payments of $258,129. The subscription has an interest rate of 2.184%. The value of the right to use asset as of June 30, 2023, of $802,042 with accumulated amortization of $160,408 is included with Software on the Subscription Class activities table found below. Axon Evidence.com Lic. Q-213173-43599.826MH On July 1, 2022, the City entered into a 13-month subscription for the use of Axon evidence.com Lic. Q-213173- 43599.826MH. An initial subscription liability was recorded in the amount of $19,588. As of June 30, 2023, the value of the subscription liability is $0. The City is required to make annual fixed payments of $21,337. The subscription has an interest rate of 1.7100%. The value of the right to use asset as of June 30, 2023 of $19,588 with accumulated amortization of $3,918 is included with Software on the Subscription Class activities table found below. Axon Evidence.com Lic. Q-244889-43872.782CM On July 1, 2022, the City entered into a 21-month subscription for the use of Axon evidence.com Lic Q-244889- 43872.782CM. An initial subscription liability was recorded in the amount of $19,327. As of June 30, 2023, the value of the subscription liability is $0. The City is required to make annual fixed payments of $21,337. The subscription has an interest rate of 2.0240%. The value of the right to use asset as of June 30, 2023 of $19,327 with accumulated amortization of $3,865 is included with Software on the Subscription Class activities table found below. 101 Page 466 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 13 – Subscription Based Information Technology Arrangements (Continued) A. Subscriptions Payable (Continued) Compliance Focus License Software HA On July 1, 2022, the City entered into a 24-month subscription for the use of Compliance Focus License Software HA. An initial subscription liability was recorded in the amount of $34,970. As of June 30, 2023, the value of the subscription liability is $17,310. The City is required to make annual fixed payments of $17,660. The subscription has an interest rate of 2.0240%. The value of the right to use asset as of June 30, 2023 of $34,970 with accumulated amortization of $6,994 is included with Software on the Subscription Class activities table found below. The City has 3 extension option(s), each for 12 months. CXM CMS Software On July 1, 2022, the City entered into a 14-month subscription for the use of CXM CMS Software. An initial subscription liability was recorded in the amount of $16,166. As of June 30, 2023, the value of the subscription liability is $0. The City is required to make annual fixed payments of $16,212. The subscription has an interest rate of 1.7100%. The value of the right to use asset as of June 30, 2023 of $16,166 with accumulated amortization of $3,233 is included with Software on the Subscription Class activities table found below. DebtBook Platform On July 1, 2022, the City entered into a 42-month subscription for the use of DebtBook Platform. An initial subscription liability was recorded in the amount of $36,260. As of June 30, 2023, the value of the subscription liability is $24,172. The City is required to make annual fixed payments of $12,500. The subscription has an interest rate of 2.2750%. The value of the right to use asset as of June 30, 2023 of $40,010 with accumulated amortization of $8,002 is included with Software on the Subscription Class activities table found below. e-Plan Electronic Plan Review On July 1, 2022, the City entered into a 40-month subscription for the use of e-Plan electronic plan review. An initial subscription liability was recorded in the amount of $253,073. As of June 30, 2023, the value of the subscription liability is $172,274. The City is required to make annual fixed payments of $82,688. The subscription has an interest rate of 2.1840%. The value of the right to use asset as of June 30, 2023 of $281,873 with accumulated amortization of $56,375 is included with Software on the Subscription Class activities table found below. The City has 5 extension option(s), each for 12 months. eSCRIBE Software On July 1, 2022, the City entered into a 38-month subscription for the use of eSCRIBE Software. An initial subscription liability was recorded in the amount of $167,129. As of June 30, 2023, the value of the subscription liability is $111,810. The City is required to make annual fixed payments of $54,600. Additionally, there are annual other reasonably certain payments of $1,500. The subscription has an interest rate of 2.1840%. The value of the right to use asset as of June 30, 2023 of $185,879. with accumulated amortization of $37,176 is included with Software on the Subscription Class activities table found below. The City has 5 extension option(s), each for 12 months. Forensic Technology – IBIS Subscription Lease PD On 11/28/2022, the City entered into a 76-month subscription for the use of Forensic Technology IBIS Subscription. An initial subscription liability was recorded in the amount of $307,746. As of June 30, 2023, the value of the subscription liability is $266,561. The City is required to make annual fixed payments of $42,500. The subscription has an interest rate of 1.7100%. The value of the right to use asset as of June 30, 2023 of $314,246 with accumulated amortization of $41,899 is included with Software on the Subscription Class activities table found below. The City has 5 extension option(s), each for 12 months. 102 Page 467 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 13 – Subscription Based Information Technology Arrangements (Continued) A. Subscriptions Payable (Continued) IGM Technology Gravity Budget Book Software On July 1, 2022, the City entered into a 6-month subscription for the use of IGM Technology Gravity Budget Book Software. An initial subscription liability was recorded in the amount of $24,579. As of June 30, 2023, the value of the subscription liability is $0. The subscription has an interest rate of 1.7100%. The value of the right to use asset as of June 30, 2023 of $38,079 with accumulated amortization of $7,616 is included with Software on the Subscription Class activities table found below. The City has 2 extension option(s), each for 12 months. Key Government Finance Inc – NIC Lease On July 1, 2022, the City entered into a 17-month subscription for the use of Key Government Finance Inc - NIC Lease. An initial subscription liability was recorded in the amount of $10,449. As of June 30, 2023, the value of the subscription liability is $0. The City is required to make annual fixed payments of $23,730. The subscription has an interest rate of 1.7100%. The value of the right to use asset as of June 30, 2023 of $10,449 with accumulated amortization of $2,090 is included with Software on the Subscription Class activities table found below. LinkedIn Learning Enterprise and License On January 16, 2023, the City entered into a 36-month subscription for the use of Linkedin Learning Enterprise and License. An initial subscription liability was recorded in the amount of $97,062. As of June 30, 2023, the value of the subscription liability is $65,412. The City is required to make annual fixed payments of $31,650. The subscription has an interest rate of 2.6560%. The value of the right to use asset as of June 30, 2023 of $97,062 with accumulated amortization of $9,706 is included with Software on the Subscription Class activities table found below. Motorola Solutions – CAD Software On July 1, 2022, the City entered into a 60-month subscription for the use of Motorola Solutions - CAD Software. An initial subscription liability was recorded in the amount of $288,655. As of June 30, 2023, the value of the subscription liability is $228,193. The City is required to make annual fixed payments of $60,462. The subscription has an interest rate of 2.3660%. The value of the right to use asset as of June 30, 2023 of $971,122 with accumulated amortization of $194,225 is included with Software on the Subscription Class activities table found below. NIC Partners Platform On July 1, 2022, the City entered into a 48-month subscription for the use of NIC Partners Platform. An initial subscription liability was recorded in the amount of $222,487. As of June 30, 2023, the value of the subscription liability is $169,572. The City is required to make monthly fixed payments of $4,750. The subscription has an interest rate of 2.2750%. The value of the right to use asset as of June 30, 2023 of $222,487 with accumulated amortization of $44,497 is included with Software on the Subscription Class activities table found below. Qualtrax Platform On July 1, 2022, the City entered into a 27-month subscription for the use of Qualtrax Platform. An initial subscription liability was recorded in the amount of $39,500. As of June 30, 2023, the value of the subscription liability is $19,941. The City is required to make annual fixed payments of $9,685. The subscription has an interest rate of 2.0240%. The value of the right to use asset as of June 30, 2023 of $47,163 with accumulated amortization of $9,433 is included with Software on the Subscription Class activities table found below. 103 Page 468 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 13 – Subscription Based Information Technology Arrangements (Continued) A. Subscriptions Payable (Continued) SPIDR Platform On July 1, 2022, the City entered into a 19-month subscription for the use of SPIDR Platform. An initial subscription liability was recorded in the amount of $48,884. As of June 30, 2023, the value of the subscription liability is $0. The City is required to make annual fixed payments of $49,500. The subscription has an interest rate of 2.0240%. The value of the right to use asset as of June 30, 2023 of $48,884 with accumulated amortization of $9,777 is included with Software on the Subscription Class activities table found below. Tyler Software On July 1, 2022, the City entered into a 14-month subscription for the use of Tyler Software. An initial subscription liability was recorded in the amount of $362,971. As of June 30, 2023, the value of the subscription liability is $51,104. The City is required to make annual fixed payments of $311,867. The subscription has an interest rate of 1.7100%. The value of the right to use asset as of June 30, 2023 of $711,898 with accumulated amortization of $142,380 is included with Software on the Subscription Class activities table found below. Velosimo Software Integration Platform On July 1, 2022, the City entered into a 40-month subscription for the use of Velosimo Software Integration Platform. An initial subscription liability was recorded in the amount of $141,771.67. As of June 30, 2023, the value of the subscription liability is $97,829. The City is required to make annual fixed payments of $45,000. The subscription has an interest rate of 2.1840%. The value of the right to use asset as of June 30, 2023 of $153,772 with accumulated amortization of $30,754 is included with Software on the Subscription Class activities table found below. The City has 5 extension option(s), each for 12 months. Virtual Project Manager Software On July 1, 2022, the City entered into a 14-month subscription for the use of Virtual Project Manager Software. An initial subscription liability was recorded in the amount of $13,862. As of June 30, 2023, the value of the subscription liability is $1,995. The City is required to make monthly fixed payments of $1,000. The subscription has an interest rate of 1.7100%. The value of the right to use asset as of June 30, 2023 of $13,862 with accumulated amortization of $2,772 is included with Software on the Subscription Class activities table found below. The City has 1 extension option(s), each for 12 months. The following is a summary of changes in subscriptions of the City for the year ended June 30, 2023: Additions Deletions -$ 1,720,127$ 404,808$ 841,929$ 1,283,006$ 470,636$ Beginning Balance Adjustments Ending Balance Due in One Year -$ 781,586$ -$ 294,505$ 487,080$ 231,590$ Business-Type Activities Governmental Activities Beginning Balance Adjustments Ending Balance Due in One Year 104 Page 469 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 13 – Subscription Based Information Technology Arrangements (Continued) A. Subscriptions Payable (Continued) Future principal and interest requirements to maturity for the combined subscription liability as of June 30, 2023 were as follows: Asset Class Subscription Asset Value Accumulated Amortization Software 4,028,879$ 775,120$ Total Subscriptions 4,028,879$ 775,120$ Year ending June 30, Principal Interest Total Payments 2024 470,636$ 26,812$ 497,448$ 2025 448,525 16,670 465,194 2026 157,155 6,748 163,903 2027 109,196 3,850 113,046 2028 47,602 1,667 49,269 2029 49,893 853 50,746 Total 1,283,006$ 56,601$ 1,339,606$ Year ending June 30, Principal Interest Total Payments 2024 231,589$ 10,584$ 242,174$ 2025 255,491 5,580 261,071 Total 487,080$ 16,164$ 503,245$ Amount of Subscription Assets by Major Classes of Underlying Asset Future Principal and Interest Requirements Governmental Activities Business-Type Activities Note 14 – Pension Plans A. California Public Employees’ Retirement Plans Plan Description All qualified permanent and probationary employees are eligible to participate in the City’s Miscellaneous Plan or the City’s Safety Plan, both agent multiple-employer defined benefit pension plans administered by the California Public Employees’ Retirement System (CalPERS), which acts as a common investment and administrative agent for its participating member employers. Benefit provisions under the Plans are established by State statute and City resolution. CalPERS issues publicly available reports that include a full description of the pension plans regarding benefit provisions, assumptions and membership information that can be found on the CalPERS website. 105 Page 470 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 14 – Pension Plans (Continued) A. California Public Employees’ Retirement Plans (Continued) Benefits Provided CalPERS provides service retirement and disability benefits, annual cost of living adjustments and death benefits to plan members, who must be public employees and beneficiaries. Benefits are based on years of credited service, equal to one year of full-time employment. Members with five years of total service are eligible to retire at age 50 (52 under PEPRA) with statutorily reduced benefits. All members are eligible for non-duty disability benefits after 10 years of service. The death benefit is one of the following: the Basic Death Benefit, the 1957 Survivor Benefit, or the Optional Settlement 2W Death Benefit. The cost-of-living adjustments for each plan are applied as specified by the Public Employees’ Retirement Law. The Plan’s provisions and benefits in effect at June 30, 2023, are summarized as follows: Miscellaneous Plan Tier 1* Tier 2 PEPRA Hire date Prior to April 22, 2011 New Member on or after April 22, 2011, but prior to January 1, 2013 New Member on or after January 1, 2013 Benefit formula 3% @ 60 2% @ 60 2% @ 62 Benefit vesting schedule 5 years’ service 5 years’ service 5 years’ service Benefit payments monthly for life monthly for life monthly for life Retirement age 50 50 52 Monthly benefits, as a % of eligible compensation 2.0% to 3.0% 1.092% to 2.418% 1.0% to 2.5% Member paid contribution rate 8.0% 7.0% 7.75% Employer Contribution rate – normal cost 22.18% 18.03% 14.89% Safety Fire Plan Tier 1* Tier 2 PEPRA Hire date Prior to April 22, 2011 New Member on or after April 22, 2011, but prior to January 1, 2013 New Member on or after January 1, 2013 Benefit formula 3% @ 50 3% @ 55 2.7% @ 57 Benefit vesting schedule 5 years’ service 5 years’ service 5 years’ service Benefit payments monthly for life monthly for life monthly for life Retirement age 50 50 50 Monthly benefits, as a % of eligible compensation 3.00% 2.4% to 3.0% 2.0% to 2.7% Member paid contribution rate 9.0% 9.0% 14.25% Employer contribution rate – normal cost 30.13% 33.11% 25.53% *Closed to new entrants 106 Page 471 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 14 – Pension Plans (Continued) A. California Public Employees’ Retirement Plans (Continued) Safety Police Plan Tier 1* Tier 2 PEPRA Hire date Prior to April 22, 2011 New Member on or after April 22, 2011, but prior to January 1, 2013 New Member on or after January 1, 2013 Benefit formula 3% @ 50 3% @ 55 2.7% @ 57 Benefit vesting schedule 5 years’ service 5 years’ service 5 years’ service Benefit payments monthly for life monthly for life monthly for life Retirement age 50 50 50 Monthly benefits, as a % of eligible compensation 3.00% 2.4% to 3.0% 2.0% to 2.7% Member paid contribution rate 9.0% 9.0% 14.25% Employer contribution rate – normal cost 33.78% 34.99% 29.01% Employees Covered At June 30, 2023, the following employees were covered by the benefit terms of the plans: Miscellaneous Plan Inactive employees or beneficiaries currently receiving benefits 924 Inactive employees entitled to but not yet receiving benefits 761 Active employees 619 Total 2,304 Safety Plan Inactive employees or beneficiaries currently receiving benefits 399 Inactive employees entitled to but not yet receiving benefits 121 Active employees 400 Total 920 Contribution Description Section 20814(c) of the California Public Employees’ Retirement Law (PERL) requires that the employer contribution rates for all public employers are determined on an annual basis by the actuary and shall be effective on the July 1 following notice of a change in the rate. The total plan contributions are determined through CalPERS’ annual actuarial valuation process. The actuarially determined rate is the estimated amount necessary to finance the costs of benefits earned by employees during the year, with an additional amount to finance any unfunded accrued liability. The employer is required to contribute the difference between the actuarially determined rate and the contribution rate of employees. Employer contribution rates may change if plan contracts are amended. Payments made by the employer to satisfy contribution requirements that are identified by the pension plan terms as plan member contribution requirements are classified as plan member contributions. $6,529,685 and $10,002,548 of contributions for the Miscellaneous and Safety Plan respectively, were recognized as a reduction to the net pension liability for fiscal year ending June 30, 2023. 107 Page 472 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 14 – Pension Plans (Continued) A. California Public Employees’ Retirement Plans (Continued) Actuarial Methods and Assumptions Used to Determine Total Pension Liability The June 30, 2021, valuation was rolled forward to determine the June 30, 2022, total pension liability, based on the following actuarial methods and assumptions: Actuarial Cost Method Entry Age Normal in accordance with the requirements of GASB 68 Actuarial Assumptions Discount Rate 6.90% Inflation 2.50% Salary Increases Varies by Entry Age and Service Mortality Rate Table 1 Derived using CalPERS' membership data for all funds Post Retirement Benefit Increase 1 The mortality table was developed based on CalPERS-specific data. The probabilities of mortality are based on the 2017CalPERSExperience Study forthe period from1997 to 2015. Pre-retirement and post-retirement mortality rates include 15years ofprojected mortality improvement using 90% of Scale MP-2016 published by the Society of Actuaries. For more details on this table, please refer to the CalPERS Experience Study and Review of Actuarial Assumptions report from December 2017 that can be found on the CalPERS website. Contract COLA up to 2.30% until Purchasing Power Protection Allowance floor on purchasing power applies, 2.50% thereafter. Long-term Expected Rate of Return In determining the long-term expected rate of return, CalPERS took into account long-term market return expectations as well as the expected pension fund cash flows. Projected returns for all asset classes are estimated and combined with risk estimates, are used to project compound (geometric) returns over the long term. The discount rate used to discount liabilities was informed by the long-term projected portfolio return. The expected real rates of return by asset class are as follows: Assumed Asset Real Return Asset Class Allocation Years 1-10 1,2 Global equity cap weighted 30.00% 4.45% Global equity non-cap weighted 12.00% 3.84% Private equity 13.00% 7.28% Treasury 5.00% 0.27% Mortgage-backed securities 5.00% 0.50% Investment grade corp 10.00% 1.56% High yield 5.00% 2.27% Emerging market debt 5.00% 2.48% Private debt 5.00% 3.57% Real assets 15.00% 3.21% Leverage -5.00% -0.59% 1 An expected inflation rate of 2.30% is used for this period. 2 Figures are based on the 2021-22 Asset Liability Management study. 108 Page 473 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 14 – Pension Plans (Continued) A. California Public Employees’ Retirement Plans (Continued) Discount Rate The discount rate used to measure the total pension liability was 6.90%. The projection of cash flows used to determine the discount rate assumed that contributions from plan members will be made at the current member contribution rates and that contributions from employers will be made at statutorily required rates, actuarially determined. Based on those assumptions, the Plan’s fiduciary net position was projected to be available to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on plan investments was applied to all periods of projected benefit payments to determine the total pension liability. Amortization of Deferred Outflows and Deferred Inflows of Resources Under GASB 68, gains and losses related to changes in total pension liability and fiduciary net position are recognized in pension expense systematically over time. The first amortized amounts are recognized in pension expense for the year the gain or loss occurs. The remaining amounts are categorized as deferred outflows and deferred inflows of resources related to pensions and are to be recognized in future pension expense. The amortization period differs depending on the source of the gain or loss: Net Difference between projected 5-year straight-line amortization and actual earnings on pension plan investments All other amounts Straight-line amortization over the expected average remaining service lifetime (EARSL) of all members that are provided with benefits (active, inactive, and retired) at the beginning of the measurement period. (3.0 years for Miscellaneous and 5.0 years for Safety) 109 Page 474 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 14 – Pension Plans (Continued) A. California Public Employees’ Retirement Plans (Continued) Changes in the Net Pension Liability The following table shows the changes in net pension liability recognized over the measurement period. Total Pension Plan Fiduciary Net Pension Liability Net Position Liability (a)(b)(c) = (a) - (b) Miscellaneous Plan: Balance at: 06/30/2021 612,197,549$ 691,288,629$ (79,091,080)$ (Valuation Date) Changes Recognized for the Measurement Period: Service Cost 10,380,919 - 10,380,919 Interest on Total Pension Liability 42,332,179 - 42,332,179 Changes of Assumptions 18,477,304 - 18,477,304 Differences Between Expected and Actual Experience (6,575,745) - (6,575,745) Net Plan to Plan Resource Movement 2,001 (2,001) Contributions - Employer - 6,529,685 (6,529,685) Contributions - Employees - 4,348,890 (4,348,890) Net Investment Income - (51,347,007) 51,347,007 Benefit Payments, Including Refunds of Employee Contributions (31,559,480) (31,559,480) - Administrative Expense - (430,632) 430,632 Net Changes During 2021-22 33,055,177 (72,456,543) 105,511,720 Balance at: 06/30/2022 645,252,726 618,832,086 26,420,640 (Measurement Date) Safety Plan: Balance at: 06/30/2021 591,629,550 673,312,358 (81,682,808) (Valuation Date) Changes Recognized for the Measurement Period: Service Cost 14,319,314 - 14,319,314 Interest on Total Pension Liability 41,558,338 - 41,558,338 Changes of Assumptions 23,527,391 23,527,391 Differences Between Expected and Actual Experience (6,077,244) - (6,077,244) Net Plan to Plan Resource Movement (2,001) 2,001 Contributions - Employer - 10,002,548 (10,002,548) Contributions - Employees - 5,197,226 (5,197,226) Net Investment Income - (50,226,472) 50,226,472 Benefit Payments, Including Refunds of Employee Contributions (27,889,190) (27,889,190) - Administrative Expense - (419,433) 419,433 Net Changes During 2021-22 45,438,609 (63,337,322) 108,775,931 Balance at: 06/30/2022 637,068,159 609,975,036 27,093,123 (Measurement Date) Total - All Plans 1,282,320,885$ 1,228,807,122$ 53,513,763$ 110 Page 475 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 14 – Pension Plans (Continued) A. California Public Employees’ Retirement Plans (Continued) Sensitivity of the Net Pension Liability to Changes in the Discount Rates The following presents the net pension liability of the Plans as of the measurement date, calculated using the discount rate of 6.90 percent, as well as what the net pension liability would be if it were calculated using a discount rate that is 1 percentage-point lower (5.90 percent) or 1 percentage-point higher (7.90 percent) than the current rate: Discount Rate - 1% (5.90%) Current Discount Rate (6.90%) Discount Rate +1% (7.90%) Miscellaneous Plan 110,636,509$ 26,420,640$ (43,237,622)$ Safety Plan 118,262,791 27,093,123 (47,132,069) TOTAL 228,899,300$ 53,513,763$ (90,369,691)$ Pension Plan Fiduciary Net Position Detailed information about the plans’ fiduciary net position is available in the separately issued CalPERS financial reports. See CalPERS website for additional information. Pension Expense and Deferred Outflows and Deferred Inflows of Resources Related to Pensions For the year ended June 30, 2023, the City incurred pension expense of $11,690,143 and incurred pension expense of $13,728,343 for the Miscellaneous and Safety Plans, respectively. At June 30, 2023, the City had deferred outflows and deferred inflows of resources related to pensions as follows: Deferred Outflows Deferred Inflows of Resources of Resources Miscellaneous Plan Contributions Subsequent to Measurement Date 5,143,861$ -$ Changes of Assumptions 12,318,203 - Differences Between Expected and Actual Experience - (5,130,273) Net Difference Between Projected and Actual Earnings on Pension Plan Investments 39,613,883 - Subtotal - Miscellaneous Plan 57,075,947 (5,130,273) Safety Plan Contributions Subsequent to Measurement Date 11,371,612 - Changes of Assumptions 18,821,913 - Differences Between Expected and Actual Experience 894,291 (10,172,521) Net Difference Between Projected and Actual Earnings on Pension Plan Investments 39,046,174 - Subtotal - Safety Plan 70,133,990 (10,172,521) Total - All Plans 127,209,937$ (15,302,794)$ 111 Page 476 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 14 – Pension Plans (Continued) A. California Public Employees’ Retirement Plans (Continued) The $5,143,861 and $11,371,612 for the Miscellaneous and Safety Plan, respectively, reported as deferred outflows of resources related to contributions subsequent to the measurement date will be recognized as a reduction of the net pension liability in the year ended June 30, 2024. Other amounts reported as deferred outflows or deferred inflows of resources related to pensions will be recognized as pension expense as follows: Fiscal Years Ending June 30, Miscellaneous Safety Total 2024 10,680,493$ 9,876,932$ 20,557,425$ 2025 11,035,158 8,655,368 19,690,526 2026 5,429,585 7,671,796 13,101,381 2027 19,656,577 22,385,761 42,042,338 2028 - - - Deferred Outflows/(Inflows) of Resources B. Defined Contribution Pension Plan The City provides pension plan benefits for all of its part-time hourly employees through a defined contribution plan (Public Agency Retirement Plan). In a defined contribution plan, benefits depend solely on amounts contributed to the plan plus investment earnings. The plan is administered by Public Agency Retirement Services (PARS). All part-time employees are eligible to participate from the date of employment. Federal legislation requires contributions of at least 7.5% to a retirement plan, and City Council resolved to match the employees’ contributions of 3.75%. The City’s contributions for each employee (and interest earned by the accounts) are fully vested immediately. The authority to establish or amend the plan’s provisions resides with City Council. For the year ended June 30, 2023, the City’s total hourly payroll (for eligible PARS members) and covered payroll was $3,157,580. The City made employer contributions of $118,409 (3.75% of current covered payroll), and employees contributed $118,409 (3.75% of current covered payroll). C. Deferred Compensation 457B Plan The City offers to its employees an optional deferred compensation plan created in accordance with Section 457 of the Internal Revenue Code. This plan is available to substantially all employees and allows participants to defer a portion of their current income until future years, up to a maximum of $22,500 (in whole dollars) per calendar year, so as to shelter such funds and earnings from state and federal taxation until withdrawal. The deferred compensation is not available to participants until termination, retirement, death, or unforeseeable emergency. This plan is administered through a third party administrator. The City does not perform the investing function and has no fiduciary accountability for the plan. Thus, plan assets and any related liability to plan participants have been excluded from the City’s financial statements. At June 30, 2023, the balance in the plan was $122,485,669. Note 15 – Post Retirement Health Benefits A. Defined Benefit Other-Post Employment Benefits Plan Plan Description The City administers a single-employer defined-benefit post-employment healthcare plan (the Plan). Dependents are eligible to enroll, and benefits continue to surviving spouses. 112 Page 477 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 15 – Post Retirement Health Benefits (Continued) A. Defined Benefit Other-Post Employment Benefits Plan (Continued) Benefits Provided Pre-Medicare Miscellaneous employees hired before January 1, 2011, and Safety employees hired before April 22, 2011, pay 100% of the pre-Medicare active/retiree blended rate. All other pre-Medicare employees pay 100% of the unblended (pure retiree) pre-Medicare premium. Medicare retirees pay 100% of the unblended (pure retiree) premium. Employees Covered by Benefit Terms At June 30, 2021 (the census date), the benefit terms covered the following employees: Active 444 Inactive employees or beneficiaries currently receiving benefits 367 Inactive employees entitled to, but not yet receiving benefits - 811 The information above does not reflect eligible retirees that are in the process of enrolling in the healthcare plan. Contributions The City pays benefits as they come due. Contribution Rate:Benefits due Reporting period contributions:$1,482,784 (includes implicit subsidy credit) Total OPEB Liability The City's total OPEB liability was valued as of June 30, 2021 and was used to calculate the total OPEB liability measured as of June 30, 2023. Actuarial Assumptions The total OPEB liability in the June 30, 2023, actuarial valuation was determined using the following actuarial assumptions, applied to all periods included in the measurement, unless otherwise specified: Measurement Date 6/30/2023 Discount Rate 3.86% Inflation 2.30% Health Cost Trend Rates Pre-Medicare 6.00%* Medicare 4.00%* Salary Increases 2.80%** Mortality Rates Based on CalPERS tables. ** Additional merit-based increases based on CalPERS merit salary increase tables. * Trending down to 3.94% over 55 years. Applies to calendar years. 113 Page 478 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 15 – Post Retirement Health Benefits (Continued) A. Defined Benefit Other-Post Employment Benefits Plan (Continued) Projections of the sharing of benefit-related costs are based on an established pattern of practice. Experience studies come from the CalPERS Pension Assumption Model, revised May 14, 2018. Inactive employees (retirees) pay 100% of the cost of benefits. There were no ad hoc post-employment benefit changes (including ad hoc COLAs) to the plan. There were no changes between the measurement date and the report date that are expected to have a significant effect on the net OPEB liability. Discount Rate The discount rate used to measure the total OPEB liability is 3.86%. The City's OPEB Plan is an unfunded plan, therefore the discount rate was set to the rate of tax-exempt, high-quality 20-year municipal bonds, as of the valuation date. Trust Assets There are no assets accumulated in a trust that meets the criteria in paragraph 4 of GASB 75 to pay related benefits. Changes in the Total OPEB Liability The changes in the Total OPEB Liability for the Plan are as follows: Increase (Decrease) Total OPEB Liability Balance at June 30, 2022 27,450,132$ Changes recognized over the measurement period: Service Cost 1,255,377 Interest 1,031,876 Differences between actual and expected experience - Changes of assumptions (550,759) Implicit rate subsidy fulfilled (1,482,784) Net Changes 253,710 Balance at June 30, 2023 27,703,842$ Sensitivity of the Total OPEB Liability to Changes in the Discount Rate Sensitivity of the total OPEB liability to changes in the discount rate. The total OPEB liability of the City, as well as what the City's total OPEB liability would be if it were calculated using a discount rate that is one percentage point lower (2.86%) or one percentage point higher (4.86%) follows: 1% Decrease Discount Rate 1% Increase 2.86% 3.86% 4.86% Total OPEB Liability 29,488,752$ 27,703,842$ 26,010,950$ Increase (Decrease) 1,784,910 (1,692,892) % Change 6.4%-6.1% 114 • • • • • Page 479 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 15 – Post Retirement Health Benefits (Continued) A. Defined Benefit Other-Post Employment Benefits Plan (Continued) Sensitivity of the Total OPEB Liability to Changes in the Healthcare Cost Trend Rate Sensitivity of the total OPEB liability to changes in the healthcare cost trend rates. The healthcare trend for this valuation started at 7.00% and decreased to 3.94% over 55 years. The total OPEB liability of the City, as well as what the City's total OPEB liability would be if it were calculated using healthcare cost trend rates that are one percentage point lower (6.00%) or one percentage point higher (8.00%) than current healthcare cost trend rates follows: 1% Decrease 1% Increase 6.00% 7.00% 8.00% Total OPEB Liability 24,899,219$ 27,703,842$ 30,883,071$ Increase (Decrease) (2,804,623) 3,179,229 % Change -10.1%11.5% OPEB Expense and Deferred Outflows and Inflows of Resources Related to OPEB For the report year ended June 30, 2023, the City recognized an OPEB expense of $3,724,974. The City reported deferred outflows of resources and deferred inflows of resources related to OPEB from the following sources: Deferred Outflows Deferred Inflows of Resources of Resources Changes of Assumptions 1,528,347$ (3,481,215)$ Differences Between Expected and Actual Experience 4,996,806 - Total 6,525,153$ (3,481,215)$ Amounts reported as deferred outflows or deferred inflows of resources related to OPEB will be recognized as OPEB expense as follows: Fiscal Years Ending June 30, Deferred Outflows/(Inflows) of Resources 2024 1,434,999 2025 1,403,234 2026 547,422 2027 (274,083) 2028 (67,634) Remaining - The effects on the total OPEB liability of (1) changes of economic and demographic assumptions or of other inputs and (2) differences between expected and actual experience are required to be included in OPEB expense in a systematic and rational manner over a closed period equal to the average of the expected remaining service lives of all employees that are provided with benefits through the OPEB plan (active employees and inactive employees), 115 Page 480 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 15 – Post Retirement Health Benefits (Continued) A. Defined Benefit Other-Post Employment Benefits Plan (Continued) beginning in the current period. The expected average remaining service lives (EARSL) for the current period is 5.7 years. Note, however that for calculation purposes, we use 1 when calculating amortizations if the EARSL is less than 1 year. B. Defined Contribution Other Post-Employment Benefits Plan The City offers eligible retiring employees a Post-Employment Health Plan (PEHP). This plan is administered through a third-party administrator. PEHP is a tax-exempt Voluntary Employee’s Beneficiary Association (VEBA) Trust, which provides employee benefits pursuant to IRC Code Section 501(c)(9). PEHP creates a defined contribution health reimbursement program that allows for money to be set aside to pay for future medical expenses. PEHP is funded with mandatory eligible employee contributions. Depending on the bargaining unit and its respective plan agreements, these mandatory contributions can be unused vacation and/or compensatory time off due to the employee at the time of retirement. At June 30, 2023, the balance of the assets held by the trustee for this plan was $1,616,431. Note 16 – Commitments and Contingencies Litigation The City is presently involved in certain matters of litigation that have risen in the normal course of conducting City business. City management believes, based upon consultation with the City Attorney, that these cases, in the aggregate, are not expected to result in a material adverse financial impact on the City as the City’s insurance programs are sufficient to cover any potential losses should an unfavorable outcome materialize . However, the City Attorney also estimates that in the event of an adverse ruling, certain pending lawsuits and claims have a remote possibility of resulting in an additional liability, in the aggregate, up to an amount of approximately $65 million, of which, any amount exceeding $50 million would not be covered by insurance. The potential liabilities related to these claims are not individually accrued because it is not probable that a loss has been incurred as of June 30, 2023. Grants The City participates in a number of federally assisted grant programs, including those from the U.S. Department of Housing and Urban Development, U.S. Department of Justice, U.S. Department of Treasury, U.S. Department of Transportation, and the U.S. Department of Education. Receipts from these grant programs are subject to audit to determine if the monies were expended in accordance with appropriate statues, grant terms and regulations. The City believes no significant liabilities will result on this audit. Construction Commitments Expenditures Remaining Project Description PO Amount to Date Balance Bike Lane Improv Broadway Ph I Bike Lanes on Broadway 3,568,000$ 3,018,636$ 549,364$ Traffic Sig Sys-Fiber Network 3,200,000 1,751,218 1,448,782 Major Pavement Rehab FY17/18 Bonita Rd & Allen School Lane 3,010,780 2,622,890 387,890 Loma Verde Quatic and Rec Ph I 12,812,639 8,329,869 4,482,770 Encumbrances At June 30, 2023, there were encumbrances of $13,485,675 in the General Fund, $31,818,763 in the Federal, State, and Local Grants Fund, $1,429 in the Housing Successor Agency, $31,166,079 in the Development Impact Fee Fund, $3,743,427 in the Sewer Fund, $1,050,728 in the Development Services Fund, $2,661 in the Sewer Development Impact Fees Fund, and $12,995,742 in the non-major funds. 116 Page 481 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 16 – Commitments and Contingencies (Continued) Successor Agency – Long-Range Property Management Plan The City, acting as the Successor Agency to the Chula Vista Redevelopment Agency, prepared a Long-Range Property Management Plan (LRPMP) in compliance with AB 1484. The Successor Agency Oversight Board reviewed and approved the LRPMP on May 12, 2014 and submitted it to the California Department of Finance for review on May 27, 2014. The Department of Finance approved the LRPMP in their July 15, 2014, determination letter. 117 Page 482 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 17 – Classification and Fund Balances 118 Majorl'lmds Federal, State, Housing Otller General and Local Grants Successor Development Govermnental 1'lmd 1'lmd Alie~ 1-etF\md Fbods Total Nonspeadallle Prepaid costs $ 670,923 $ 32.542 $ -$ -$ 458,366 1,161,831 Due ftom su:cessor Agency of Chula Vma RDA 2,291,340 2,291,340 AlivaB:es to odlet funds 2,340,621 ~340,621 Total Nonspendable 5,302.883 32,542 458,366 5,793,791 Restricted Section 115 Trust fur Pension 25,613.596 25,673,596 Cultural Ar1s 12.778 12,778 F.nviromnomal Services 1,585,221 1,585,221 Federal Grants 1,336,219 1,336,219 State Grants 11,699,109 11,699,109 Local Gtan1S 5,096,204 5,096,204 COlDlllllity and homing development 13,590,518 13,590,518 Public facilities 22,297,812 22,297,812 Drainage fitcililies 3,491,835 3,491,835 Pedestrian Bridge DIF 4,588,358 4,588,358 Traffic sigtlQI and saiety 974,605 974,605 Transporllllion improvemon1S 52,965,001 24,822,607 77,787,608 Hot,m Program 5,587,150 5,587,150 CDBG Programs 114,130 114,130 Parle acquisitions and development 44,258,228 44,258,228 Parl<ing m,ter services 1,363,439 1,363,439 Public Educational & Govt Fee 620,712 620,712 Debt Service 5,254,154 5,254,154 Developer Conlrilnlions 5,286,572 5,286,572 Donations 626,761 626,761 National Opioid Settlement &l,161 81,161 Public Benefit Contnlmlion 246,927 246,927 Imlus1rial Development 56 56 LRBs 3,398 3,398 Storm drains 2,724,040 2,724,040 Open space maintenance 51,118,424 51,118,424 Telecom Utility Tax 102,983 102,983 Mobile home admin ree 234,078 234,078 Assessment district iiq,rovemen1S 1,116,155 1,116,155 Total Restricted 25,673,596 19,729,530 13,590J18 84J17,612 143~975 286,87~31 Committed Economic contingency 9,693,445 9,693,445 Cataslrophic even1S conlingency 4,218,831 4,218,831 Measm, A Reserve 4,340,757 4,340,757 Total Coimmtted 18,253,033 18,253,033 Asslaned City Attorney 3,100 3,100 tomrmation Technology Services Department 52,324 52,324 HtJmll Resources 25,750 25,750 Noo-DeparlnJ,Dlal 1,707,919 1,707,919 Animal care Services 83,000 83,000 Economic Development 220,425 220,425 Develop-Services 4,195 4,195 F.ngineering 158,307 158,307 Police Depar1menl 542 542 Fire Department 393,014 393,014 Public Works Depar1menl 676,106 676,106 Recreation Depar1menl 33,955 33,955 Measure P Sales Tax 25,068,097 25,068,097 Measm, A Sales Tax 44,761,420 44,761,420 AI$ 552,266 552,266 BayftontLease Reveuue 519,111 519,111 Flexible Spending Accomt 1,006,426 1,006,426 Public liabillty 481,044 481,044 Total .Assiped 75,747,000 75,747,000 Unassigned 24,895,945 {2,429,0~ 22~891 Total l'llnd Balances $ 149,872,457 19,762,072 $ 13,590,518 $ 84,317,612 141,590,287 409,132,946 Page 483 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 18 – Restatements of Fund Balance and Net Position A. Statement of Activities For the fiscal year ended June 30, 2023, the Government-Wide Statement of Activities reported the following adjustments to beginning net position: Governmental Business-Type Activities Activities Total Beginning Net Position, as Originally Reported 1,260,494,773$ 460,254,402$ 1,720,749,175$ Restatements: Other Governmental Funds 1 644,757 - 644,757 Sewer Fund 2 - 40,042 40,042 Development Services Fund 3 - 70,386 70,386 Governmental Activities 4, 5 16,623,669 - 16,623,669 Total Restatements 17,268,426 110,428 17,378,854 Beginning Net Position, as Restated 1,277,763,199$ 460,364,830$ 1,738,128,029$ Government-Wide Statements 1. The restatement to the Developer Contributions of a $158,472 increase to properly reflect developer contributions previously recorded as a deposit payable. The restatement to the Donations account of $486,285 was to recognize donations previously recorded in a deposit account. 2. The $40,042 restatement to the Sewer Fund is due to the implementation of GASB 96 Subscription- Based Information Technology Arrangements. 3. The $70,386 restatement to the Development Services Fund is due the implementation of GASB 96 Subscription-Based Information Technology Arrangements. 4. The City was notified in the last quarter of fiscal year 2023 that SANDAG had revised the division of assets for the Bus Rapid Transit project between the City, MTS, and SANDAG. Through this process it was identified that there were additional expenses related to previously donated assets that were recorded in a restatement to infrastructure assets of $15,588,402. 5. The $1,035,267 restatement to the Governmental Activities is due to the implementation of GASB 96 Subscription-Based Information Technology Arrangements. B. Statement of Changes in Fiduciary Net Position For the fiscal year ended June 30, 2023, the City restated the beginning net position of the Custodial Funds by $15,221,591. This prior period adjustment was made to correct the implementation of GASB Statement No. 84, done during the prior year. Further clarifications received from the GASB Board subsequent to the issuance of the prior year’s financial statements resulted in the removal of cash held for future bond repayment of conduit debt from Net Position. This amount is now reflected as a current liability, Due to Bondholders, within the Custodial Funds. For the fiscal year ended June 30, 2023, the City restated the beginning net position of the Special Tax District Fund by a ($47,202,668) and the CV Bayfront Facilities Financing Authority by $47,202,668. This prior period 119 Page 484 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Notes to Basic Financial Statements (Continued) For the Fiscal Year Ended June 30, 2023 Note 18 – Restatements of Fund Balance and Net Position (Continued) B. Statement of Changes in Fiduciary Net Position (Continued) adjustment was to correct the presentation of the loan between these two entities, removing the working capital advance and recording a transfer between these funds. Note 19 – Change in Reporting Entity The V2 Pub Benefit Contribution column was displayed separately in the prior year. This represents a specific type of Developer Contribution and the prior year balance of $376,964 has been combined with the Developer Contribution column in the current year’s statements. Note 20 - Special Item City Loan to Successor Agency The City of Chula was successful in appealing a decision made by the California State Department of Finance (DOF). The decision reversed the DOF decision regarding two of the three General Fund loans, including interest, to the Successor Agency. These loans and accumulated interest are reflected within the financial statements. It is anticipated that the Agency will repay these loans from Redevelopment Property Tax Trust Fund distributions. The decision determined the remaining loan to be partially eligible for reimbursement. This resulted in the need to record a Special Item for $2,765,896 as an expenditure in the General Fund Statements and a revenue of $4,788,560 to the Successor Agency, as this loan and any accumulated interest will not be paid back. 120 Page 485 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda REQUIRED SUPPLEMENTARY INFORMATION 121 Page 486 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        122 CITY OF CHULA VISTA Page 487 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA BUDGETARY COMPARISON SCHEDULE GENERAL FUND FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 139,693,061$ 139,693,061$ 139,693,061$ -$ Resources (Inflow): Taxes 193,879,210 211,147,227 212,614,370 1,467,143 Licenses and permits 1,876,629 1,876,629 1,918,966 42,337 Intergovernmental 3,397,036 2,046,900 1,599,601 (447,299) Charges for services 16,250,400 15,322,642 16,801,890 1,479,248 Use of money and property 3,518,678 3,534,114 7,394,696 3,860,582 Fines and forfeitures 956,914 956,914 1,084,498 127,584 Developer participation 1,582,377 1,582,377 1,226,902 (355,475) Miscellaneous 2,844,552 6,200,409 5,881,087 (319,322) Transfers in 27,985,568 40,766,171 16,144,177 (24,621,994) Issuance of debt - - - - Amounts Available for Appropriations 391,984,425 423,126,444 404,359,248 (18,767,196) Charges to Appropriations (Outflow): Current General government: City council 1,596,058 1,756,626 1,286,463 470,163 City clerk 1,304,861 1,571,395 1,393,269 178,126 City attorney 3,122,611 3,297,670 2,789,883 507,787 Administration 2,573,930 2,692,838 2,382,512 310,326 Information technology 4,147,298 5,027,858 4,361,576 666,282 Human resources 3,059,493 3,428,106 3,421,513 6,593 Finance 6,446,914 13,762,917 11,070,054 2,692,863 Non-departmental 7,684,961 10,801,953 9,478,891 1,323,062 Boards and commissions 8,536 35,977 7,950 28,027 Public Safety: Police 65,371,273 64,961,011 64,296,774 664,237 Fire 38,049,291 43,440,781 41,878,712 1,562,069 Animal care facility 3,233,863 3,278,324 3,132,117 146,207 Community development: Economic development 3,917,918 4,437,974 1,944,134 2,493,840 Development services 2,638,984 6,124,161 5,831,663 292,498 Parks and recreation 11,917,364 4,871,152 4,871,128 24 Public Works: Public works 13,627,942 21,899,297 20,890,477 1,008,820 Engineering 9,939,608 9,948,858 9,639,225 309,633 Library 3,587,277 3,724,804 3,446,180 278,624 Capital outlay 13,069,697 61,161,993 34,943,829 26,218,164 Debt service: Principal retirement 1,175,228 1,175,228 1,165,140 10,088 Interest and fiscal charges 120,271 120,271 110,183 10,088 Transfers out 38,072,157 49,413,093 36,259,182 13,153,911 Total Charges to Appropriations 234,665,535 316,932,287 264,600,855 52,331,432 Budgetary fund Balance, June 30 157,318,890$ 106,194,157$ 139,758,393$ (71,098,628)$ Budget Amounts The notes to required supplementary information are an integral part of this schedule.123 Page 488 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA BUDGETARY COMPARISON SCHEDULE FEDERAL, STATE, AND LOCAL GRANTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 3,550,581$ 3,550,581$ 3,550,581$ -$ Resources (Inflow): Intergovernmental 66,551,766 109,403,334 51,239,391 (58,163,943) Charges for services 1,588,455 1,703,455 1,859,197 155,742 Use of money and property (498,916) (723,053) 1,126,802 1,849,855 Developer participation - - 26,554 26,554 Miscellaneous 182,333 198,833 799,473 600,640 Transfers in 463,959 500,628 491,287 (9,341) Amounts Available for Appropriations 71,838,178 114,633,778 59,093,285 (55,540,493) Charges to Appropriations (Outflow): Current General government: Finance 2,079,652 5,663,321 3,411,467 2,251,854 Public Safety: Police 8,433,611 10,118,746 8,315,412 1,803,334 Fire 189,019 867,634 418,812 448,822 Animal care facility - 128,372 60,946 67,426 Community development: Economic development 5,608,117 6,496,677 4,754,230 1,742,447 Development services 1,554,066 26,972,243 9,852,340 17,119,903 Public Works: Public works 1,600,000 3,169,607 3,169,593 14 Library - 73,567 72,820 747 Capital outlay 20,301,564 71,693,117 37,169,818 34,523,299 Transfers out 31,591,896 26,522,692 3,595,097 22,927,595 Total Charges to Appropriations 71,357,925 151,705,976 70,820,535 80,885,441 Budgetary fund Balance, June 30 480,253$ (37,072,198)$ (11,727,250)$ 25,344,948$ Budget Amounts The notes to required supplementary information are an integral part of this schedule.124 Page 489 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA BUDGETARY COMPARISON SCHEDULE HOUSING SUCCESSOR AGENCY FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual Positive Original Final Amounts (Negative) Budgetary Fund Balance, July 1 13,068,795$ 13,068,795$ 13,068,795$ -$ Resources (Inflow): Use of money and property 215,000 215,000 466,994 251,994 Miscellaneous 255,000 255,000 143,487 (111,513) Amounts Available for Appropriations 13,538,795 13,538,795 13,679,276 140,481 Charges to Appropriations (Outflow): Current General government: Development services 2,072,400 2,074,220 6,166 2,068,054 Transfers out 9,858 9,858 5,262 4,596 Total Charges to Appropriations 2,082,258 2,084,078 11,428 2,072,650 Budgetary fund Balance, June 30 11,456,537$ 11,454,717$ 13,667,848$ 2,213,131$ Budget Amounts The notes to required supplementary information are an integral part of this schedule.125 Page 490 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA MISCELLANEOUS PLAN SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS 1 2015 2016 2017 2018 Measurement Date 6/30/2014 6/30/2015 6/30/2016 6/30/2017 TOTAL PENSION LIABILITY Service Cost 8,696,183$ 8,570,421$ 8,451,918$ 9,370,865$ Interest 32,359,841 34,103,210 35,618,575 36,639,997 Difference Between Expected and Actual Experience - 925,960 (2,524,995) (6,331,454) Changes of Assumptions - (8,500,698) - 30,693,812 Benefit Payments, Including Refunds of Employee Contributions (18,639,387) (19,539,333) (21,022,078) (23,072,106) Net Change in Total Pension Liability 22,416,637 15,559,560 20,523,420 47,301,114 Total Pension Liability - Beginning 436,436,153 458,852,790 474,412,350 494,935,770 Total Pension Liability - Ending (a)458,852,790 474,412,350 494,935,770 542,236,884 PLAN FIDUCIARY NET POSITION Contribution - Employer 9,134,182 13,499,144 12,461,946 13,663,149 Contribution - Employee 4,555,300 3,679,749 3,764,641 3,536,418 Plan to Plan Resource Movement - 5,268 - - Net Investment Income 48,303,496 7,195,063 1,747,676 36,763,992 Benefit Payments, Including Refunds of Employee Contributions (18,639,387) (19,539,333) (21,022,078) (23,072,106) Administrative Expense - (368,694) (199,512) (478,539) Other Miscellaneous Income/(Expense)- -- - Net Change in Fiduciary Net Position 43,353,591 4,471,197 (3,247,327) 30,412,914 Plan Fiduciary Net Position - Beginning 279,540,671 322,894,262 327,365,459 324,118,132 Plan Fiduciary Net Position - Ending (b)322,894,262 327,365,459 324,118,132 354,531,046 Plan Net Pension Liability/(Assets) - Ending (a) - (b)135,958,528$ 147,046,891$ 170,817,638$ 187,705,838$ 70.37%69.00%65.49%65.38% Covered Payroll 42,760,249$ 44,135,521$ 45,990,463$ 44,435,640$ 317.96% 333.17% 371.42% 422.42% Notes to Schedule of Changes in Net Pension Liability and Related Ratios: 1 Fiscal Year 2015 was the first year of implementation. Future years' information will be displayed up to 10 years as information becomes available. Plan Fiduciary Net Position as a Percentage of the Total Pension Liability Plan Net Pension Liability/(Asset) as a Percentage of Covered Payroll Changes of Assumptions: Effective with the June 30, 2021 valuation date (2022 measurement date), the accounting discount rate was reduced from 7.15% to 6.90%. In determining the long-term expected rate of return, CalPERS took into account long-term market return expectations as well as the expected pension fund cash flows. Projected returns for all asset classes are estimated, combined with risk estimates, and are used to project compound (geometric) returns over the long term. The discount rate used to discount liabilities was informed by the long-term projected portfolio return. In addition, demographic assumptions and the inflation rate assumption were changed in accordance with the 2021 CalPERS Experience Study and Review of Actuarial Assumptions. The accounting discount rate was 7.15% for measurement dates 2017 through 2021, 7.65% for measurement dates 2015 through 2016, and 7.50% for measurement date 2014. No changes in 2020 or 2021. In 2019, demographic assumptions and inflation rate were changed in accordance to the CalPERS Experience Study and Review of Actuarial Assumptions December 2017. Benefit Changes: The figures above generally include any liability impact that may have resulted from voluntary benefit changes that occured on or before the Measurement Date. However, offers of Two Years Additional Service Credit (a.k.a. Golden Handshakes) after the Valuation Date are not included in the figures above, unless the liability impact is deemed to be material by the plan actuary. The notes to required supplementary information are an integral part of this schedule. 126 Page 491 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2019 2020 2021 2022 2023 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 9,048,165$ 8,696,267$ 8,953,165$ 9,145,103$ 10,380,919$ 37,305,907 38,721,727 40,325,600 41,542,929 42,332,179 (8,223,685) (413,302) 2,562,816 (3,234,587) (6,575,745) (4,314,060) - - - 18,477,304 (24,924,595) (27,001,672) (28,353,268) (29,875,845) (31,559,480) 8,891,732 20,003,020 23,488,313 17,577,600 33,055,177 542,236,884 551,128,616 571,131,636 594,619,949 612,197,549 551,128,616 571,131,636 594,619,949 612,197,549 645,252,726 14,479,069 16,244,599 18,211,675 205,182,523 6,529,685 3,603,297 3,592,996 3,800,444 3,856,589 4,348,890 (874) - - - 2,001 30,032,849 24,600,973 19,625,933 106,512,033 (51,347,007) (24,924,595) (27,001,672) (28,353,268) (29,875,845) (31,559,480) (552,457) (268,407) (554,440) (405,588) (430,632) (1,049,125) 874 - - - 21,588,164 17,169,363 12,730,344 285,269,712 (72,456,543) 354,531,046 376,119,210 393,288,573 406,018,917 691,288,629 376,119,210 393,288,573 406,018,917 691,288,629 618,832,086 175,009,406$ 177,843,063$ 188,601,032$ (79,091,080)$ 26,420,640$ 68.25%68.86%68.28%112.92%95.91% 44,578,340$ 45,798,549$ 47,627,626$ 48,617,605$ 57,341,438$ 392.59% 388.32%395.99% -162.68%46.08% The notes to required supplementary information are an integral part of this schedule. 127 Page 492 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SAFETY PLAN SCHEDULE OF CHANGES IN NET PENSION LIABILITY AND RELATED RATIOS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS 1 2015 2016 2017 2018 Measurement Date 6/30/2014 6/30/2015 6/30/2016 6/30/2017 TOTAL PENSION LIABILITY Service Cost 10,220,233$ 9,646,806$ 9,971,492$ 11,594,959$ Interest 28,334,465 29,979,452 31,658,073 33,213,616 Difference Between Expected and Actual Experience - 460,215 768,421 (1,210,352) Changes of Assumptions - (7,813,969) - 29,393,364 Benefit Payments, Including Refunds of Employee Contributions (15,869,862) (17,767,853) (19,460,670) (20,397,814) Net Change in Total Pension Liability 22,684,836 14,504,651 22,937,316 52,593,773 Total Pension Liability - Beginning 380,617,699 403,302,535 417,807,186 440,744,502 Total Pension Liability - Ending (a)403,302,535 417,807,186 440,744,502 493,338,275 PLAN FIDUCIARY NET POSITION Contribution - Employer 11,684,174 7,555,357 10,971,712 11,670,017 Contribution - Employee 3,157,921 3,230,989 3,420,273 3,620,014 Plan to Plan Resource Movement 47,649,285 6,999,744 1,664,170 35,554,749 Net Investment Income (15,869,862) (17,767,853) (19,460,670) (20,397,814) Benefit Payments, Including Refunds of Employee Contributions - (359,830) (194,899) (466,842) Administrative Expense - -- - Other Miscellaneous Income/(Expense)- -- - Net Change in Fiduciary Net Position 46,621,518 (341,593) (3,599,414) 29,980,124 Plan Fiduciary Net Position - Beginning 273,515,399 320,136,917 319,795,324 316,195,910 Plan Fiduciary Net Position - Ending (b)320,136,917 319,795,324 316,195,910 346,176,034 Plan Net Pension Liability/(Assets) - Ending (a) - (b)83,165,618$ 98,011,862$ 124,548,592$ 147,162,241$ 79.38%76.54%71.74%70.17% Covered Payroll 34,243,101$ 34,117,846$ 37,174,663$ 37,817,316$ 242.87%287.27%335.04%389.14% Notes to Schedule of Changes in Net Pension Liability and Related Ratios: Plan Fiduciary Net Position as a Percentage of the Total Pension Liability Plan Net Pension Liability/(Asset) as a Percentage of Covered Payroll Changes of Assumptions: Effective with the June 30, 2021 valuation date (2022 measurement date), the accounting discount rate was reduced from 7.15% to 6.90%. In determining the long-term expected rate of return, CalPERS took into account long-term market return expectations as well as the expected pension fund cash flows. Projected returns for all asset classes are estimated, combined with risk estimates, and are used to project compound (geometric) returns over the long term. The discount rate used to discount liabilities was informed by the long-term projected portfolio return. In addition, demographic assumptions and the inflation rate assumption were changed in accordance with the 2021 CalPERS Experience Study and Review of Actuarial Assumptions. The accounting discount rate was 7.15% for measurement dates 2017 through 2021, 7.65% for measurement dates 2015 through 2016, and 7.50% for measurement date 2014. No changes in 2020 or 2021. In 2019, demographic assumptions and inflation rate were changed in accordance to the CalPERS Experience Study and Review of Actuarial Assumptions December 2017. Benefit Changes: The figures above generally include any liability impact that may have resulted from voluntary benefit changes that occured on or before the Measurement Date. However, offers of Two Years Additional Service Credit (a.k.a. Golden Handshakes) after the Valuation Date are not included in the figures above, unless the liability impact is deemed to be material by the plan actuary. 1 Fiscal Year 2015 was the first year of implementation. Future years' information will be displayed up to 10 years as information becomes available. The notes to required supplementary information are an integral part of this schedule. 128 Page 493 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2019 2020 2021 2022 2023 6/30/2018 6/30/2019 6/30/2020 6/30/2021 6/30/2022 12,044,725$ 12,267,031$ 12,575,630$ 13,253,770$ 14,319,314$ 34,751,830 36,853,969 38,422,153 39,881,546 41,558,338 (307,813) 4,868,911 (3,779,764) (6,175,468) (6,077,244) (2,112,530) - - - 23,527,391 (21,801,437) (22,950,693) (24,175,102) (25,325,483) (27,889,190) 22,574,775 31,039,218 23,042,917 21,634,365 45,438,609 493,338,275 515,913,050 546,952,268 569,995,185 591,629,550 515,913,050 546,952,268 569,995,185 591,629,550 637,068,159 13,529,290 15,445,861 17,861,917 183,166,596 10,002,548 3,804,814 3,966,723 4,257,612 4,884,978 5,197,226 29,258,121 24,248,349 19,386,578 - (2,001) (21,801,437) (22,950,693) (24,175,102) 104,361,444 (50,226,472) (539,438) (263,613) (549,592) (25,325,483) (27,889,190) (858) - - (406,200) (419,433) (1,024,401) 858 - - - 23,226,091 20,447,485 16,781,413 266,681,335 (63,337,322) 346,176,034 369,402,125 389,849,610 406,631,023 673,312,358 369,402,125 389,849,610 406,631,023 673,312,358 609,975,036 146,510,925$ 157,102,658$ 163,364,162$ (81,682,808)$ 27,093,123$ 71.60%71.28%71.34%113.81%95.75% 39,384,099$ 40,374,060$ 37,732,745$ 39,655,225$ 48,967,579$ 372.01%389.12%432.95% -205.98%55.33% The notes to required supplementary information are an integral part of this schedule. 129 Page 494 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULES OF PLAN CONTRIBUTIONS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS 1 Fiscal Year Actuarially Actual Contribution Contribution Ending Determined Employer Deficiency Covered as a % of June 30,Contribution Contribution (Excess)Payroll Covered Payroll 2015 9,637,382$ 9,637,382$ -$ 44,135,521$ 21.84% 2016 10,214,678 10,214,678 - 45,990,463 22.21% 2017 10,864,203 10,864,203 - 44,435,640 24.45% 2018 10,942,584 10,942,584 - 44,578,340 24.55% 2019 12,333,078 12,333,078 - 45,798,549 26.93% 2020 10,890,567 10,890,567 - 47,627,626 22.87% 2021 10,904,285 196,350,263 (185,445,978) 48,617,605 403.87% 2022 3,590,926 3,590,926 - 55,375,215 6.48% 2023 5,143,861 5,143,861 57,341,438 8.97% Fiscal Year Actuarially Actual Contribution Contribution Ending Determined Employer Deficiency Covered as a % of June 30,Contribution Contribution (Excess)Payroll Covered Payroll 2015 12,553,815$ 12,553,815$ -$ 34,117,846$ 36.80% 2016 13,859,572 13,859,572 - 37,174,663 37.28% 2017 14,965,975 14,965,975 - 37,817,316 39.57% 2018 17,324,929 17,324,929 - 39,384,099 43.99% 2019 19,585,859 19,585,859 - 40,374,060 48.51% 2020 24,641,503 24,641,503 - 37,732,745 65.31% 2021 28,332,777 191,117,507 (162,784,730) 39,655,225 481.95% 2022 11,120,663 11,120,663 - 47,183,733 23.57% 2023 11,371,612 11,371,612 - 48,967,579 23.22% CalPERS Miscellaneous Employees Agent, Multiple-Employer Pension Plan: CalPERS Safety Employees Agent, Multiple-Employer Pension Plan: 1 Historical information is required only for measurement for which GASB 68 and GASB75 is applicable. Fiscal year 2015 was the first year of implementation for GASB68. Future years' information will be displayed up to 10 years as information becomes available. The notes to required supplementary information are an integral part of this schedule. 130 Page 495 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF CHANGES IN THE TOTAL OPEB LIABILITY AND RELATED RATIOS AS OF JUNE 30, FOR THE LAST TEN FISCAL YEARS 1 2018 2019 2020 2021 2022 2023 TOTAL OPEB LIABILITY Service cost 825,786$ 819,100$ 921,271$ 1,468,936$ 1,647,777$ 1,255,377$ Interest on the total OPEB liability 495,822 549,699 516,371 636,356 533,534 1,031,876 Difference between expected and actual experience 4,128 - 5,786,481 - 2,804,304 - Change of assumptions 183,361 504,190 2,640,687 751,555 (3,029,111) (550,759) Implicit rate subsidy fulfilled (536,155) (634,315) (724,009) (1,148,517) (1,293,716) (1,482,784) Net change in total OPEB liability 972,942 1,238,674 9,140,801 1,708,330 662,788 253,710 Total OPEB Liability - Beginning 13,726,597 14,699,539 15,938,213 25,079,014 26,787,344 27,450,132 Total OPEB Liability - Ending 14,699,539$ 15,938,213$ 25,079,014$ 26,787,344$ 27,450,132$ 27,703,842$ Plan fiduciary net position as a percentage of the total OPEB liability 2 0.00%0.00%0.00%0.00%0.00%0.00% Covered-employee payroll 53,738,469$ 55,216,277$ 56,734,725$ 58,294,930$ 42,628,588$ 40,763,648$ Total OPEB liability as a percentage of covered-employee payroll 27.35%28.87%44.20%45.95%64.39%67.96% Notes to Schedule of Changes in the Total OPEB Liability and Related Ratios: 2 The plan is not funded through a qualifying trust; therefore, there is no fiduciary net position to offset the total OPEB liability. 1 Historical information is required only for the measurement periods for which GASB 75 is applicable. Fiscal Year 2018 was the first year of implementation. Future years' information will be displayed up to 10 years as information becomes available. The notes to required supplementary information are an integral part of this schedule. 131 Page 496 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA NOTES TO REQUIRED SUPPLEMENTARY INFORMATION (CONTINUED) FOR THE YEAR ENDED JUNE 30, 2023 1.Budgetary Information An annual budget is adopted by the City Council prior to the first day of the fiscal year. The budget process includes submittal of each department's budget request for the next fiscal year, a detailed review of each department's proposed budget by the City Manager, and a final City Manager recommended budget transmitted to the City Council for its review before the required date of adoption. Once transmitted to the City Council, the proposed budget is made available for public inspection. A public hearing is held to give the public the opportunity to comment upon the proposed budget. Notice of such public hearing is published in a newspaper of general circulation. The adoption of the budget is accomplished by the approval of a Budget Resolution. The legal level of budgetary control is at the department and expenditure category level. Council approval is required for any transfer between departments or overall increase to a department. The City Manager is authorized to transfer appropriations up to $75,000 between expenditure categories within a departmental budget. Any appropriation transfers between expenditure categories within departments greater than $75,000 require City Council approval. Appropriations, other than for capital projects, remaining unspent at the end of any fiscal year will be canceled and returned to Available Fund Balance with the exception of any appropriations encumbered as the result of a valid purchase order or as approved for a specific project or purpose by the City Council or the City Manager. Appropriations for capital projects will necessarily be carried over from year to year until the project is deemed to be complete. Reported budget figures are as originally adopted or subsequently amended plus prior year continuing appropriations. Such budget amendments during the year, including those related to supplemental appropriations, did not cause these reported budget amounts to be significantly different than the originally adopted budget amounts. All appropriations which are not obligated, encumbered, or expended at the end of the fiscal year lapse and become a part of the unassigned fund balance which may be appropriated for the next fiscal year. An annual budget for the year ended June 30, 2023, was adopted and approved by the City Council for the general, special revenue, capital project and debt service funds. These budgets are prepared on the modified accrual basis of accounting, excluding the effects of GASB 31, GASB 87, and GASB 96. 132 Page 497 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA NOTES TO REQUIRED SUPPLEMENTARY INFORMATION (CONTINUED) FOR THE YEAR ENDED JUNE 30, 2023 2.Reconciliation of Net Change in Fund Balance for the General Fund prepared on a GAAP basis to that prepared on the budgetary basis for the year ended June 30, 2023 3.Reconciliation of Net Change in Fund Balance for the Federal, State, And Local Grant Fund prepared on a GAAP basis to that prepared on the budgetary basis for the year ended June 30, 2023 4.Reconciliation of Net Change in Fund Balance for the Housing Successor Agency Fund prepared on a GAAP basis to that prepared on the budgetary basis for the year ended June 30, 2023 General Fund Net Change in Fund Balance - GAAP Basis $ 9,304,443 Add (Deduct): GASB 31 Fair Market Value 1,612,140 Encumbrances (13,485,675) Flexible Spending Account (131,472) Special Item - Successor Agency 2,765,896 Net Change in Fund Balance - Budgetary Basis $ 65,332 Housing Successor Agency Net Change in Fund Balance - GAAP Basis $ 521,723 Add (Deduct): GASB 31 Fair Market Value 78,759 Encumbrances (1,429) Net Change in Fund Balance - Budgetary Basis $ 599,053 Federal, State, and Local Grants Net Change in Fund Balance - GAAP Basis $ 16,211,491 Add (Deduct): GASB 31 Fair Market Value 329,441 Encumbrances (31,818,763) Net Change in Fund Balance - Budgetary Basis $ (15,277,831) 133 Page 498 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA NOTES TO REQUIRED SUPPLEMENTARY INFORMATION (CONTINUED) FOR THE YEAR ENDED JUNE 30, 2023 5. ACTUARIAL ASSUMPTIONS UNDERLYING THE SCHEDULE OF PLAN CONTRIBUTIONS FOR MISCELLANEOUS AND SAFETY PENSION PLANS The actuarial methods and assumptions used to set the actuarially determined contributions for fiscal year ended June 30, 2023 were derived from the June 30, 2020 funding valuation report. Actuarial Cost Method: Entry Age Normal Amortization Method/Period: For details, see the June 30, 2020 funding valuation report, available at CalPERS' website Asset Valuation Method: Market Value of Assets Inflation: 2.50 percent Salay Increases: Varies by Entry Age and Service Payroll Growth: 2.75 percent Investment Rate of Return: 7.00 percent, net of investment and administrative expenses Retirement Age: The probabilities of retirement are based on the 2017 CalPERS Experience Study for the period of 1997 to 2015. Mortality: The probabilities of mortality are based on the 2017 CalPERS Experience Study for the period of 1997 to 2015. Pre-retirement and post-retirement mortality rates include 15years ofprojected mortality improvement using 90.00 percent of Scale MP-2016 published by the Society of Actuaries. 134 Page 499 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda SUPPLEMENTARY INFORMATION 135 Page 500 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        136 CITY OF CHULA VISTA Page 501 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda NON-MAJOR GOVERNMENTAL FUNDS SPECIAL REVENUE FUNDS: Transportation Gas Taxes - This fund accounts for revenues and expenditures received from the State of California under the Street and Safety Code Sections 2103, 2105, 2106, 2107, 2107.5 and the Road Repair and Accountability Act of 2017 (Senate Bill 1). The allocations must be spent for street maintenance or construction and a limited amount for engineering. Parking Meter - This fund accounts for revenues and expenditures from the operation of parking meters located in the downtown area and parking citation payments for expired meter violations within the parking district. The funds pay for the collection and maintenance of parking meters, parking enforcement staff that monitor the downtown area, general upkeep and signage of the downtown parking lots. Traffic Safety - This fund is a depository for monies derived from vehicle code fines (excluding parking violations). The fines are collected through the County court system and remitted to the City monthly. These monies may be expended only for traffic control equipment and maintenance thereof or for the maintenance, improvement or construction of public streets. Storm Drain - This fund is a depository for monies collected from the monthly storm drain service charge. Monies in this fund may be used for storm drain purposes. Town Center I - This fund accounts for revenues from an in-lieu parking fee. The in-lieu parking fee applies to any developer of a new commercial building or addition to an existing commercial building within the Downtown Parking district. Monies in this fund are restricted for the purchase or development of parking sites. Open Space Districts - This fund is a depository for monies received for all flat rate property tax assessments levied against benefiting property owners for the maintenance of open space areas. Housing Programs - This fund is a depository for federal housing rehabilitation monies held in trust by Bank of America for the issuance of housing rehabilitation loans to qualified low- and moderate-income recipients. Housing Authority - This fund accounts for all housing related activity which is reimbursed from various Local, State and Federal funding sources. The Housing Authority focuses on the development of sustainable neighborhoods through investments in and administration of programs that seek to improve, preserve and increase the supply of affordable housing in the City and serve low-income residents. Transportation Sales Tax - This fund accounts for the City’s share of the San Diego countywide one-half cent transportation sales tax (TransNet) to be used for local street and road improvements. Mobile Park Fee - This fund accounts for the Mobile Home Park Space Rent Review Administrative Fee to reimburse the City for labor and other costs associated with administering the review. 137137 Page 502 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda NON-MAJOR GOVERNMENTAL FUNDS SPECIAL REVENUE FUNDS (Continued): Public Education and Government (PEG) Fee - This fund accounts for the 1% of gross revenues assessed on all video service providers that use the public rights-of-way, including all local franchisees and all holders of state franchises as consistent with state or Federal law. PEG Fees collected are used to provide public, educational, or governmental programming. Utility Tax Settlement - This fund accounts for funds in accordance with a 2014 settlement agreement that resolved a class action lawsuit challenging the City’s collection of Telephone Users’ Taxes from wireless customers. National Opioid Settlement - This fund is utilized for the National Opioid Settlement against manufacturers, distributors and other entities responsible for aiding the opioid epidemic. Funds are to be utilized for opioid abatement activities. Payments are expected to be received through 2038. Special Revenue Endowments - This fund accounts for the donation of money and property meant to be used for operations or programs that are consistent with the wishes of the donor(s). Developer Contributions - This fund accounts for contributions from developers used to fund the construction of City facilities. Donations - This fund accounts for monies received from a donor(s) for various programming. CAPITAL PROJECTS FUNDS: Park Acquisition Development - This fund is a depository for fees collected from subdividers for the purpose of providing park and recreational facilities directly benefiting and serving the residents of the regulated subdivisions east and west of the California Interstate Highway 805. Residential Construction Tax - This fund is a depository for fees levied for the construction, replacement, or conversion of all dwelling units within the City including hotels and motels. Highway Safety - This fund is a depository for revenues received from State of California per Proposition 1B. Funds must be spent for transportation projects to relieve congestion, improve the movement of goods, improve air quality and security of the transportation system. Bicycle Facility - This fund is a depository for local Transportation Development Act funds (TDA), Article 3.0, received from the San Diego County for bicycle related programs. Industrial Development Authority - The Industrial Development Authority (IDA) is a conduit-issuer of bonds, formed in February 1982 (Ordinance 1970) by the City of Chula Vista City Council. The IDA enables bonds to be issued with a tax-exempt status but does not pledge City funds to repay the bond issues. The City can issue and sell bonds to provide financial assistance that has a public benefit for the acquisition, construction, and installation of facilities for industrial, commercial, business, or public utility purposes. Assessment District Improvement - This fund is a depository for monies received from issuance of bonds 138138 Page 503 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda for various assessment districts. The monies are used to finance the construction of public works improvements in the related districts. Transportation Partnership - This fund is a depository for revenues received from the State of California and Local Transportation Partnership Program. Funds must be spent for street purposes. Other Transportation Program - This fund is a depository for revenues received from the Federal Highway Safety Improvement Program. Funds must be spent for street, public highway bridges and other regional surface transportation programs. Capital Projects Fund - This fund accounts for general purpose capital projects funded primarily from General Fund. Funds are utilized to account for resources used for the acquisition and construction of capital facilities by the City. DEBT SERVICE FUNDS: Public Financing Authority Debt Service Fund – This fund is used to account for financing the acquisition of bonds, notes and other obligations of, or for the purpose of making loans to the City and / or to refinance outstanding obligations of the City. Municipal Financing Authority Debt Service Fund – This fund is used to account for the financing or refinancing activities for the acquisition, construction, and improvement of public capital improvements. City Debt Service - This fund accounts for the activities of the City’s bonds, notes, and financed purchases. Notes Payable - This fund accounts for principal and interest payments on various notes payable. Lease Payable - This fund accounts for the City's portion of the infrastructure and financing costs of the San Diego County regional communications systems (RCS) and lease purchase of the City Fire Department's medical resuscitation equipment. 139 Page 504 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        140 CITY OF CHULA VISTA Page 505 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING BALANCE SHEET NON-MAJOR GOVERNMENTAL FUNDS JUNE 30, 2023 Transportation Gas Taxes Parking Meter Traffic Safety Storm Drain Town Center I ASSETS Cash and investments 19,971,474$ 1,432,426$ -$ 2,602,706$ 245,588$ Receivables: Accounts (net of allowance for uncollectibles)- 23,605 25,928 137,114 - Taxes 1,699,432 - - - - Accrued interest 116,341 8,204 1,112 14,281 1,339 Deferred loans (net of allowance for uncollectibles)- - - - - Due from other governments - - - - - Prepaid costs - - - - - Restricted assets: Cash and investments with fiscal agents - - - - - Total Assets 21,787,247$ 1,464,235$ 27,040$ 2,754,101$ 246,927$ LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE Liabilities: Accounts payable 1,932,636$ 100,796$ 17,038$ 27,835$ -$ Retentions payable 325,711 - - - - Accrued liabilities 10,364 - - - - Deposits payable - - - - - Due to other funds - - 14,736 - - Unearned revenues - - - - - Total Liabilities 2,268,711$ 100,796$ 31,774$ 27,835$ -$ Deferred Inflows of Resources: Unavailable revenues - - - 2,226 - Total Deferred Inflows of Resources - - - 2,226 - Fund Balances: Nonspendable ----- Restricted 19,518,536 1,363,439 - 2,724,040 246,927 Unassigned (Deficit)--(4,734) -- Total Fund Balances (Deficit)19,518,536 1,363,439 (4,734) 2,724,040 246,927 Total Liabilities, Deferred Inflows of Resources, and Fund Balances 21,787,247$ 246,927$ 2,754,101$ 27,040$ 1,464,235$ Special Revenue Funds 141 Page 506 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING BALANCE SHEET NON-MAJOR GOVERNMENTAL FUNDS JUNE 30, 2023 ASSETS Cash and investments Receivables: Accounts (net of allowance for uncollectibles) Taxes Accrued interest Deferred loans (net of allowance for uncollectibles) Due from other governments Prepaid costs Restricted assets: Cash and investments with fiscal agents Total Assets LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE Liabilities: Accounts payable Retentions payable Accrued liabilities Deposits payable Due to other funds Unearned revenues Total Liabilities Deferred Inflows of Resources: Unavailable revenues Total Deferred Inflows of Resources Fund Balances: Nonspendable Restricted Unassigned (Deficit) Total Fund Balances (Deficit) Total Liabilities, Deferred Inflows of Resources, and Fund Balances (CONTINUED) Open Space Housing Housing Transportation Districts Programs Authority Sales Tax Mobile Park Fee 52,248,955$ 67,588$ 5,585,102$ 139,241$ 249,901$ 81,539 - 63,360 - 12 - - - - - 289,066 - 30,395 617 - - 513,668 3,887,857 - - - 133,831 - 182,099 - 6,120 - - - - - - - - - 52,625,680$ 715,087$ 9,566,714$ 321,957$ 249,913$ 1,329,708$ 25,471$ 19,349$ 746,027$ 83$ 171,428 - - 27,639 - - - 37,758 - - - - - - - - - - - - - - - - 15,740 1,501,136.0$ 25,471.0$ 57,107.0$ 773,666.0$ 15,823.0$ - 575,486 3,922,457 182,099 12 - 575,486 3,922,457 182,099 12 6,120 ---- 51,118,424 114,130 5,587,150 -234,078 ---(633,808) - 51,124,544 114,130 5,587,150 (633,808) 234,078 249,913$ 9,566,714$ 715,087$ 52,625,680$ 321,957$ Special Revenue Funds 142 Page 507 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING BALANCE SHEET NON-MAJOR GOVERNMENTAL FUNDS JUNE 30, 2023 ASSETS Cash and investments Receivables: Accounts (net of allowance for uncollectibles) Taxes Accrued interest Deferred loans (net of allowance for uncollectibles) Due from other governments Prepaid costs Restricted assets: Cash and investments with fiscal agents Total Assets LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE Liabilities: Accounts payable Retentions payable Accrued liabilities Deposits payable Due to other funds Unearned revenues Total Liabilities Deferred Inflows of Resources: Unavailable revenues Total Deferred Inflows of Resources Fund Balances: Nonspendable Restricted Unassigned (Deficit) Total Fund Balances (Deficit) Total Liabilities, Deferred Inflows of Resources, and Fund Balances (CONTINUED) Public Education Utility Tax National Opioid Special Revenue Developer and Govt Fee Settlement Settlement Endowments Contributions Donations 556,910$ 102,425$ 309,584$ 1,422,124$ 5,258,592$ 623,355$ - - - - - - 99,425 - - - - - - 558 1,663 7,789 28,983 3,406 - - - - - - 485,140 - - - - - - - - - - - - - - - - - 1,141,475$ 102,983$ 311,247$ 1,429,913$ 5,287,575$ 626,761$ 35,623$ -$ -$ 18,535$ 1,003$ -$ - - - 7,333 - - - - - - - - - - - 1,404,045 - - - - - - - - - - 230,086 - - - 35,623$ -$ 230,086$ 1,429,913$ 1,003$ -$ 485,140 - - - - - 485,140 - - - - - ------ 620,712 102,983 81,161 - 5,286,572 626,761 ------ 620,712 102,983 81,161 - 5,286,572 626,761 5,287,575$ 1,429,913$ 311,247$ 102,983$ 1,141,475$ 626,761$ Special Revenue Funds 143 Page 508 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING BALANCE SHEET NON-MAJOR GOVERNMENTAL FUNDS JUNE 30, 2023 ASSETS Cash and investments Receivables: Accounts (net of allowance for uncollectibles) Taxes Accrued interest Deferred loans (net of allowance for uncollectibles) Due from other governments Prepaid costs Restricted assets: Cash and investments with fiscal agents Total Assets LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE Liabilities: Accounts payable Retentions payable Accrued liabilities Deposits payable Due to other funds Unearned revenues Total Liabilities Deferred Inflows of Resources: Unavailable revenues Total Deferred Inflows of Resources Fund Balances: Nonspendable Restricted Unassigned (Deficit) Total Fund Balances (Deficit) Total Liabilities, Deferred Inflows of Resources, and Fund Balances (CONTINUED) Industrial Park Acquisition Residential Development Development Construction Tax Highway Safety Bicycle Facility Authority 44,565,428$ -$ 971$-$ 56$ 60,073 - - - - - - - - - 242,958 - 5 - - 2,893,289 - - - - - - - - - - - - - - - - - - - 47,761,748$ -$ 976$-$ 56$ -$ -$ -$ -$ -$ - - - - - - - - - - - - - - - - 1,310,131 - 4,460 - - - - - - - 1,310,131 - 4,460 - 3,503,520 - - - - 3,503,520 - - - - ----- 44,258,228 -976 -56 - (1,310,131)-(4,460) - 44,258,228 (1,310,131) 976 (4,460) 56 56$ 47,761,748$ -$ 976$ -$ Capital Project Funds 144 Page 509 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING BALANCE SHEET NON-MAJOR GOVERNMENTAL FUNDS JUNE 30, 2023 ASSETS Cash and investments Receivables: Accounts (net of allowance for uncollectibles) Taxes Accrued interest Deferred loans (net of allowance for uncollectibles) Due from other governments Prepaid costs Restricted assets: Cash and investments with fiscal agents Total Assets LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE Liabilities: Accounts payable Retentions payable Accrued liabilities Deposits payable Due to other funds Unearned revenues Total Liabilities Deferred Inflows of Resources: Unavailable revenues Total Deferred Inflows of Resources Fund Balances: Nonspendable Restricted Unassigned (Deficit) Total Fund Balances (Deficit) Total Liabilities, Deferred Inflows of Resources, and Fund Balances (CONTINUED) Assessment Other District Transportation Transportation Capital Projects Improvement Partnership Program Fund 1,110,106$ 108$-$ 6,482,047$ - - - - - - - - 6,049 - - 35,924 - - - - - - 240,453 450,000 - - - - - - - 695,403 1,116,155$ 108$240,453$ 7,663,374$ -$ -$ 22,418$ 1,723,046$ - - 11,418 187,341 - - - - - - - - - - 537,697 - - - - - - - 571,533 1,910,387 - - 144,841 450,000 - - 144,841 450,000 ---- 1,116,155 108 - 5,302,987 --(475,921) - 1,116,155 108 (475,921) 5,302,987 1,116,155$ 108$ 240,453$ 7,663,374$ Capital Project Funds 145 Page 510 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING BALANCE SHEET NON-MAJOR GOVERNMENTAL FUNDS JUNE 30, 2023 ASSETS Cash and investments Receivables: Accounts (net of allowance for uncollectibles) Taxes Accrued interest Deferred loans (net of allowance for uncollectibles) Due from other governments Prepaid costs Restricted assets: Cash and investments with fiscal agents Total Assets LIABILITIES, DEFERRED INFLOWS OF RESOURCES, AND FUND BALANCE Liabilities: Accounts payable Retentions payable Accrued liabilities Deposits payable Due to other funds Unearned revenues Total Liabilities Deferred Inflows of Resources: Unavailable revenues Total Deferred Inflows of Resources Fund Balances: Nonspendable Restricted Unassigned (Deficit) Total Fund Balances (Deficit) Total Liabilities, Deferred Inflows of Resources, and Fund Balances (CONTINUED) Debt Service Funds Public Municipal Total Financing Financing City Debt Governmental Authority Authority Service Notes Payable Lease Payable Funds -$4,610$ 640$40,127$ -$ 143,020,064$ --- - - 391,631 --- - - 1,798,857 78,897 2 - - - 867,589 --- - - 7,294,814 --- - - 1,491,523 --452,246 - - 458,366 5,132,494 3,384 1,996 - - 5,833,277 5,211,391$ 7,996$ 454,882$ 40,127$ -$ 161,156,121$ -$4,598$ -$ -$ -$ 6,004,166$ --- - - 730,870 --- - - 48,122 --- - - 1,404,045 --- - - 1,867,024 --- - - 245,826 -4,598 - - - 10,300,053 --- - - 9,265,781 --- - - 9,265,781 --452,246 --458,366 5,211,391 3,398 2,636 40,127 - 143,560,975 - ----(2,429,054) 5,211,391 3,398 454,882 40,127 - 141,590,287 161,156,121$ 454,882$ 7,996$ 40,127$ -$ 5,211,391$ 146 Page 511 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES NON-MAJOR GOVERNMENTAL FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Special Revenue Funds Transportation Gas Taxes Parking Meter Traffic Safety Storm Drain Town Center I Revenues: Taxes -$ -$ -$ -$ -$ License and permits - 42,100 - - - Intergovernmental 13,199,799 - - - - Charges for service 1,602 - - 620,342 10,500 Use of money and property (investment losses)209,139 436,325 2,271 23,946 2,312 Fines and forfeitures - 231,033 282,454 400 - Developer participation - -- - - Miscellaneous - -- - - Total Revenues (net losses)13,410,540 709,458 284,725 644,688 12,812 Expenditures: Current: General government - 652,601 - - - Public safety - -48,872 - - Community development - -- - 30 Public works 244,798 - - 236,160 - Parks and recreation - - - - - Capital outlay 7,748,475 15,403 2,175 - - Debt service: Principal retirement - - - - - Interest and fiscal charges - - - - - Total Expenditures 7,993,273 668,004 51,047 236,160 30 Excess (Deficiency) Revenues over Expenditures 5,417,267 41,454 233,678 408,528 12,782 Other Financing Sources (Uses): Transfers in 2,000 - - - - Transfers out (4,582,973) (655) (236,374) (27,685) - Issuance of debt - - - - - Total Other Financing Sources (Uses)(4,580,973) (655) (236,374) (27,685) - Net Change in Fund Balance 836,294 40,799 (2,696) 380,843 12,782 Fund Balances - Beginning 18,682,242 1,322,640 (2,038) 2,343,197 234,145 Restatements - - - - - Fund Balances - Beginning as Restated 18,682,242 1,322,640 (2,038) 2,343,197 234,145 Fund Balances (Deficit) - Ending 19,518,536$ 1,363,439$ (4,734)$ 2,724,040$ 246,927$ 147 Page 512 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES NON-MAJOR GOVERNMENTAL FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Revenues: Taxes License and permits Intergovernmental Charges for service Use of money and property (investment losses) Fines and forfeitures Developer participation Miscellaneous Total Revenues (net losses) Expenditures: Current: General government Public safety Community development Public works Parks and recreation Capital outlay Debt service: Principal retirement Interest and fiscal charges Total Expenditures Excess (Deficiency) Revenues over Expenditures Other Financing Sources (Uses): Transfers in Transfers out Issuance of debt Total Other Financing Sources (Uses) Net Change in Fund Balance Fund Balances - Beginning Restatements Fund Balances - Beginning as Restated Fund Balances (Deficit) - Ending (CONTINUED) Special Revenue Funds Open Space Housing Housing Transportation Districts Programs Authority Sales Tax Mobile Park Fee -$ -$ -$ -$ -$ - - - - - - 92,019 - 2,897,705 - 19,937,364 - 392,412 - 24,076 482,822 - 145,650 2,161 - - - -- - - - 4,890 - - 66 - 765,296 - - 20,420,252 92,019 1,308,248 2,899,866 24,076 - - - - - - - - - - - 133,831 1,251,581 - 38,898 13,972,838 - - - - - - - - - - - - 3,035,950 - - - - - - - - - - - 13,972,838 133,831 1,251,581 3,035,950 38,898 6,447,414 (41,812) 56,667 (136,084) (14,822) 272,641 - 6,000 - - (12,763) - (368,819) - - - - - - - 259,878 - (362,819) - - 6,707,292 (41,812) (306,152) (136,084) (14,822) 44,417,252 155,942 5,893,302 (497,724) 248,900 - - - - - 44,417,252 155,942 5,893,302 (497,724) 248,900 51,124,544$ 114,130$ 5,587,150$ (633,808)$ 234,078$ 148 Page 513 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES NON-MAJOR GOVERNMENTAL FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Revenues: Taxes License and permits Intergovernmental Charges for service Use of money and property (investment losses) Fines and forfeitures Developer participation Miscellaneous Total Revenues (net losses) Expenditures: Current: General government Public safety Community development Public works Parks and recreation Capital outlay Debt service: Principal retirement Interest and fiscal charges Total Expenditures Excess (Deficiency) Revenues over Expenditures Other Financing Sources (Uses): Transfers in Transfers out Issuance of debt Total Other Financing Sources (Uses) Net Change in Fund Balance Fund Balances - Beginning Restatements Fund Balances - Beginning as Restated Fund Balances (Deficit) - Ending (CONTINUED) Special Revenue Funds Public Education Utility Tax National Opioid Special Revenue Developer and Govt Fee Settlement Settlement Endowments Contributions Donations -$ -$ -$ -$ -$ -$ - - - - - - - - - - - - - - - - - - - 1,469 (6,961) - (118,336) (7,739) - - - - - - - - - - 4,184,260 - 416,801 - 88,159 - - 128,098 416,801 1,469 81,198 - 4,065,924 120,359 587,978 12 37 - 15 71,176 - - - - - 16,106 - - - - 183,139 53,527 - - - - - - - - - - - 8 139,531 - - - 52,634 - - - - - - - - - - - - - 727,509 12 37 - 235,788 140,817 (310,708) 1,457 81,161 - 3,830,136 (20,458) - - - - - - - - - - - - - - - - - - - - - - - - (310,708) 1,457 81,161 - 3,830,136 (20,458) 931,420 101,526 - - 1,297,964 160,934 - - - - 158,472 486,285 931,420 101,526 - - 1,456,436 647,219 620,712$ 102,983$ 81,161$ -$ 5,286,572$ 626,761$ 149 Page 514 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES NON-MAJOR GOVERNMENTAL FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Revenues: Taxes License and permits Intergovernmental Charges for service Use of money and property (investment losses) Fines and forfeitures Developer participation Miscellaneous Total Revenues (net losses) Expenditures: Current: General government Public safety Community development Public works Parks and recreation Capital outlay Debt service: Principal retirement Interest and fiscal charges Total Expenditures Excess (Deficiency) Revenues over Expenditures Other Financing Sources (Uses): Transfers in Transfers out Issuance of debt Total Other Financing Sources (Uses) Net Change in Fund Balance Fund Balances - Beginning Restatements Fund Balances - Beginning as Restated Fund Balances (Deficit) - Ending (CONTINUED) Capital Project Funds Industrial Park Acquisition Residential Development Development Construction Tax Highway Safety Bicycle Facility Authority -$ 166,875$ -$ -$ -$ - - - - - - - - - - - - - - - 619,583 (18,399) 13 - 2 - - - - - 658,724 - - - - - - - - - 1,278,307 148,476 13 - 2 - - - - - - - - - - 5,390 - - - - - - - - - - - - - - - - - - - - - - - - 190,377 - - - - 195,767 - - - - 1,082,540 148,476 13 - 2 - - - - - (16,945) (632,071) - - - - - - - - (16,945) (632,071) - - - 1,065,595 (483,595) 13 - 2 43,192,633 (826,536) 963 (4,460) 54 - - - - - 43,192,633 (826,536) 963 (4,460) 54 44,258,228$ (1,310,131)$ 976$(4,460)$ 56$ 150 Page 515 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES NON-MAJOR GOVERNMENTAL FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Revenues: Taxes License and permits Intergovernmental Charges for service Use of money and property (investment losses) Fines and forfeitures Developer participation Miscellaneous Total Revenues (net losses) Expenditures: Current: General government Public safety Community development Public works Parks and recreation Capital outlay Debt service: Principal retirement Interest and fiscal charges Total Expenditures Excess (Deficiency) Revenues over Expenditures Other Financing Sources (Uses): Transfers in Transfers out Issuance of debt Total Other Financing Sources (Uses) Net Change in Fund Balance Fund Balances - Beginning Restatements Fund Balances - Beginning as Restated Fund Balances (Deficit) - Ending (CONTINUED) Capital Project Funds Assessment Other District Transportation Transportation Capital Projects Improvement Partnership Program Fund -$ -$ -$ -$ - - - - - - 704,244 - - - -- 15,927 4 - 117,157 - - - - - - - - - - - 49,083 15,927 4 704,244 166,240 134 - - - - - - - - - - - - - - 508,967 - - - - - - 533,657 8,402,109 - - - - - - - - 134 - 533,657 8,911,076 15,793 4 170,587 (8,744,836) - - - 8,739,618 - - - (24,343) - - - - - - - 8,715,275 15,793 4 170,587 (29,561) 1,100,362 104 (646,508) 5,332,548 - - - - 1,100,362 104 (646,508) 5,332,548 1,116,155$ 108$(475,921)$ 5,302,987$ 151151 Page 516 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCES NON-MAJOR GOVERNMENTAL FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Revenues: Taxes License and permits Intergovernmental Charges for service Use of money and property (investment losses) Fines and forfeitures Developer participation Miscellaneous Total Revenues (net losses) Expenditures: Current: General government Public safety Community development Public works Parks and recreation Capital outlay Debt service: Principal retirement Interest and fiscal charges Total Expenditures Excess (Deficiency) Revenues over Expenditures Other Financing Sources (Uses): Transfers in Transfers out Issuance of debt Total Other Financing Sources (Uses) Net Change in Fund Balance Fund Balances - Beginning Restatements Fund Balances - Beginning as Restated Fund Balances (Deficit) - Ending (CONTINUED) Debt Service Funds Public Municipal Total Financing Financing City Debt Governmental Authority Authority Service Notes Payable Lease Payable Funds -$ -$ -$ -$ -$ 166,875$ - - - - - 42,100 - - - - - 16,893,767 - - - - - 20,986,296 (331,521) 20,184 2,024 - 2,687 1,600,720 - - - - - 513,887 - - - - - 4,847,874 - 246,113 - - 12,818 1,706,434 (331,521) 266,297 2,024 - 15,505 46,757,953 12,000 16,599 3,665 - - 1,344,217 - - - - - 64,978 - - - - - 1,666,396 - - - - - 14,962,763 - - - - - 8 - - - - - 19,929,934 4,250,000 7,860,000 8,057,426 786,898 274,187 21,228,511 2,557,393 2,776,920 7,055,771 173,435 22,228 12,776,124 6,819,393 10,653,519 15,116,862 960,333 296,415 71,972,931 (7,150,914) (10,387,222) (15,114,838) (960,333) (280,910) (25,214,978) 6,478,565 10,391,886 15,095,588 960,333 283,760 42,230,391 - - - - (100,664) (6,003,292) - - - - - - 6,478,565 10,391,886 15,095,588 960,333 183,096 36,227,099 (672,349) 4,664 (19,250) - (97,814) 11,012,121 5,883,740 (1,266) 474,132 40,127 97,814 129,933,409 - - - - - 644,757 5,883,740 (1,266) 474,132 40,127 97,814 130,578,166 5,211,391$ 3,398$454,882$ 40,127$ -$ 141,590,287$ 152152 Page 517 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA BUDGETARY COMPARISON SCHEDULE BY EXPENDITURE CATEGORY GENERAL FUND FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on Positive Final Budget Budgetary Basis (Negative) Current: City council Personnel Services 1,500,420$ 1,241,056$ 259,364$ Supplies and Services 254,867 44,720 210,147 Utilities 1,339 687 652 Total City council 1,756,626 1,286,463 470,163 City clerk Personnel Services 965,967 965,967 - Supplies and Services 591,467 413,518 177,949 Utilities 461 328 133 Other Expenses 13,500 13,456 44 Total City clerk 1,571,395 1,393,269 178,126 City attorney Personnel Services 2,449,149 2,272,220 176,929 Supplies and Services 847,435 516,897 330,538 Utilities 1,086 766 320 Total City attorney 3,297,670 2,789,883 507,787 Administration Personnel Services 2,316,424 2,086,877 229,547 Supplies and Services 337,668 257,005 80,663 Utilities 675 559 116 Other Expenses 38,071 38,071 - Total Administration 2,692,838 2,382,512 310,326 Information technology Personnel Services 2,636,124 2,450,856 185,268 Supplies and Services 2,387,464 1,909,186 478,278 Utilities 4,198 1,462 2,736 Internal Service 72 72 - Total Information technology 5,027,858 4,361,576 666,282 Human resources Personnel Services 2,891,564 2,891,564 - Supplies and Services 534,671 528,425 6,246 Utilities 1,871 1,524 347 Total Human resources 3,428,106 3,421,513 6,593 Finance Personnel Services 3,980,908 3,930,056 50,852 Supplies and Services 2,701,600 1,780,411 921,189 Utilities 1,789 1,432 357 Other Expenses 7,078,620 5,358,155 1,720,465 Total Finance 13,762,917 11,070,054 2,692,863 Non-departmental Personnel Services 436,880 345,933 90,947 Supplies and Services 6,136,995 5,555,327 581,668 Utilities 30,036 30,036 - Other Expenses 4,198,042 3,547,595 650,447 Total Non-departmental 10,801,953 9,478,891 1,323,062 Board and commissions Supplies and Services 35,977 7,950 28,027 Total Board and commissions 35,977 7,950 28,027 Police Personnel Services 57,902,083 57,826,301 75,782 Supplies and Services 4,169,391 3,853,771 315,620 Utilities 844,196 820,816 23,380 Other Expenses 624,533 624,533 - Internal Service 1,420,808 1,171,353 249,455 Total Police 64,961,011 64,296,774 664,237 153 Page 518 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA BUDGETARY COMPARISON SCHEDULE BY EXPENDITURE CATEGORY GENERAL FUND FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Fire Personnel Services 38,003,270 36,936,294 1,066,976 Supplies and Services 2,953,957 2,522,712 431,245 Utilities 346,597 346,597 - Other Expenses 529,843 529,843 - Internal Service 1,607,114 1,543,266 63,848 Total Fire 43,440,781 41,878,712 1,562,069 Animal care facilities Personnel Services 2,720,835 2,618,560 102,275 Supplies and Services 398,966 389,281 9,685 Utilities 82,520 77,639 4,881 Other Expenses 4,812 4,812 - Internal Service 71,191 41,825 29,366 Total Animal care facilities 3,278,324 3,132,117 146,207 Economic development Personnel Services 1,176,655 1,129,465 47,190 Supplies and Services 531,487 531,487 - Utilities 1,776 1,644 132 Other Expenses 2,728,056 281,538 2,446,518 Total Economic development 4,437,974 1,944,134 2,493,840 Development services Personnel Services 2,430,620 2,166,823 263,797 Supplies and Services 221,039 221,039 - Utilities 2,586 2,586 - Other Expenses 3,437,935 3,426,108 11,827 Internal Service 31,981 15,107 16,874 Total Development services 6,124,161 5,831,663 292,498 Parks and recreation Personnel Services 3,438,072 3,438,072 - Supplies and Services 917,756 917,733 23 Utilities 332,366 332,366 - Other Expenses 166,987 166,987 - Internal Service 15,971 15,970 1 Total Parks and recreation 4,871,152 4,871,128 24 Public works Personnel Services 12,529,227 12,529,227 - Supplies and Services 4,404,316 3,938,963 465,353 Utilities 3,780,890 3,362,504 418,386 Other Expenses 147,645 121,188 26,457 Internal Service 1,037,219 938,595 98,624 Total Public works 21,899,297 20,890,477 1,008,820 Engineering Personnel Services 7,133,641 7,112,645 20,996 Supplies and Services 1,108,880 915,582 193,298 Utilities 1,346,391 1,330,925 15,466 Other Expenses 109,347 72,851 36,496 Internal Service 250,599 207,222 43,377 Total Engineering 9,948,858 9,639,225 309,633 Library Personnel Services 2,673,575 2,673,555 20 Supplies and Services 288,916 266,672 22,244 Utilities 357,561 312,941 44,620 Other Expenses 400,244 190,282 209,962 Internal Service 4,508 2,730 1,778 Total Library 3,724,804 3,446,180 278,624 Debt service Principal retirement 1,175,228 1,165,140 10,088 Interest and fiscal charges 120,271 110,183 10,088 Total Debt Service 1,295,499 1,275,323 20,176 Capital outlay 61,161,993 34,943,829 26,218,164 Transfers out 49,413,093 36,259,182 13,153,911 Total Expenditures 316,932,287$ 264,600,855$ 52,331,432$ (CONTINUED) 154 Page 519 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA BUDGETARY COMPARISON SCHEDULE BY EXPENDITURE CATEGORY FEDERAL, STATE, AND LOCAL GRANTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on Positive Final Budget Budgetary Basis (Negative) Current: Finance Personnel Services 1,541,000$ 1,541,000$ -$ Other Expenses 4,122,321 1,870,467 2,251,854 Total Finance 5,663,321 3,411,467 2,251,854 Police Personnel Services 6,948,083 6,112,272 835,811 Supplies and Services 2,644,204 1,794,242 849,962 Other Expenses 526,459 408,898 117,561 Total Police 10,118,746 8,315,412 1,803,334 Fire Personnel Services 499,842 176,245 323,597 Supplies and Services 292,318 167,093 125,225 Other Expenses 75,474 75,474 - Total Fire 867,634 418,812 448,822 Animal care facilities Supplies and Services 41,172 35,627 5,545 Other Expenses 87,200 25,319 61,881 Total Animal care facilities 128,372 60,946 67,426 Economic development Personnel Services 908,958 754,998 153,960 Supplies and Services 2,216,092 1,267,114 948,978 Utilities 35,840 - 35,840 Other Expenses 3,321,946 2,718,277 603,669 Internal Service 13,841 13,841 - Total Economic development 6,496,677 4,754,230 1,742,447 Development services Supplies and Services 4,692,745 6,005 4,686,740 Utilities 4,653 - 4,653 Other Expenses 22,274,845 9,846,335 12,428,510 Total Development services 26,972,243 9,852,340 17,119,903 Public works Other Expenses 3,169,607 3,169,593 14 Total Public works 3,169,607 3,169,593 14 Library Personnel Services 57,377 57,377 - Supplies and Services 12,190 12,190 - Other Expenses 4,000 3,253 747 Total Library 73,567 72,820 747 Capital outlay 71,693,117 37,169,818 34,523,299 Transfers out 26,522,692 3,595,097 22,927,595 Total Expenditures 151,705,976$ 70,820,535$ 80,885,441$ 155 Page 520 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA BUDGETARY COMPARISON SCHEDULE BY EXPENDITURE CATEGORY HOUSING SUCCESSOR AGENCY FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on Positive Final Budget Budgetary Basis (Negative) Current: Development services Supplies and Services 59,720$ 1,852$ 57,868$ Other Expenses 2,014,500 4,314 2,010,186 Total Development services 2,074,220 6,166 2,068,054 Transfers out 9,858 5,262 4,596 Total Expenditures 2,084,078$ 11,428$ 2,072,650$ 156 Page 521 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL TRANSPORTATION GAS TAXES FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Intergovernmental 14,261,679$ 13,199,799$ (1,061,880)$ Charges for service - 1,602 1,602 Use of money and property (investment loss)- 441,498 441,498 Total Revenues 14,261,679 13,642,899 (618,780) Expenditures: Current: Public works 271,043 244,800 26,243 Capital outlay 26,452,753 9,560,761 16,891,992 Total Expenditures 26,723,796 9,805,561 16,918,235 Excess (Deficiency) Revenues over Expenditures (12,462,117) 3,837,338 (17,537,015) Other Financing Sources (Uses): Transfers in 2,000 2,000 - Transfers out (4,594,140) (4,582,973) 11,167 Total Other Financing Sources (Uses)(4,592,140) (4,580,973) 11,167 Net Change in Fund Balance (17,054,257)$ (743,635) (17,525,848)$ Fund Balances - Beginning 18,682,242 Fund Balances - Ending 17,938,607$ 157 Page 522 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL PARKING METER FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Licenses and permits 25,000$ 42,100$ 17,100$ Use of money and property (investment loss) 365,000 445,423 80,423 Fines and forfeitures 230,162 231,033 871 Total Revenues 620,162 718,556 98,394 Expenditures: Current: General government 730,868 730,869 (1) Capital outlay 40,307 17,879 22,428 Debt service:- Total Expenditures 771,175 748,748 22,427 Excess (Deficiency) Revenues over Expenditures (151,013) (30,192) 120,821 Other Financing Sources (Uses): Transfers out (1,227) (655) 572 Total Other Financing Sources (Uses)(1,227) (655) 572 Net Change in Fund Balance (152,240)$ (30,847) 121,393$ Fund Balances - Beginning 1,322,640 Fund Balances - Ending 1,291,793$ 158 Page 523 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL TRAFFIC SAFETY FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss) -$ 1,693$ 1,693$ Fines and forfeitures 437,640 282,454 (155,186) Other revenues - - - Total Revenues 437,640 284,147 (153,493) Expenditures: Current: Public safety 57,773 48,872 8,901 Capital outlay 2,175 2,175 - Total Expenditures 59,948 51,047 8,901 Excess (Deficiency) Revenues over Expenditures 377,692 233,100 (144,592) Other Financing Sources (Uses): Transfers out (399,140) (236,374) 162,766 Total Other Financing Sources (Uses)(399,140) (236,374) 162,766 Net Change in Fund Balance (21,448)$ (3,274) 18,174$ Fund Balances - Beginning (2,038) Fund Balances - Ending (5,312)$ 159 Page 524 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL STORM DRAIN FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Charges for service 585,000$ 620,342$ 35,342$ Use of money and property (investment loss) - 50,699 50,699 Fines and forfeitures 5,000 400 (4,600) Total Revenues 590,000 671,441 81,441 Expenditures: Current: Public works 500,397 399,334 101,063 Total Expenditures 500,397 399,334 101,063 Excess (Deficiency) Revenues over Expenditures 89,603 272,107 182,504 Other Financing Sources (Uses): Transfers out (128,284) (27,685) 100,599 Total Other Financing Sources (Uses)(128,284) (27,685) 100,599 Net Change in Fund Balance (38,681)$ 244,422 283,103$ Fund Balances - Beginning 2,343,197 Fund Balances - Ending 2,587,619$ 160 Page 525 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL TOWN CENTER I FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Charges for service -$ 10,500$ 10,500$ Use of money and property (investment loss)30 5,028 4,998 Total Revenues 30 15,528 15,498 Expenditures: Current: Community development 30 30 0 Capital outlay 10,120 - 10,120 Total Expenditures 10,150 30 10,120 Net Change in Fund Balance (10,120)$ 15,498 25,618$ Fund Balances - Beginning 234,145 Fund Balances - Ending 249,643$ 161 Page 526 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL OPEN SPACE DISTRICTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Charges for service 19,046,901$ 19,937,364$ 890,463$ Use of money and property (investment loss) - 961,921 961,921 Other revenues - 66 66 Total Revenues 19,046,901 20,899,351 1,852,450 Expenditures: Current: Public works 19,336,977 14,261,680 5,075,297 Capital outlay 65,022 64,705 317 Total Expenditures 19,401,999 14,326,385 5,075,614 Excess (Deficiency) Revenues over Expenditures (355,098) 6,572,966 6,928,064 Other Financing Sources (Uses): Transfers in 272,661 272,641 (20) Transfers out (256,273) (12,763) 243,510 Total Other Financing Sources (Uses)16,388 259,878 243,490 Net Change in Fund Balance (338,710)$ 6,832,844 7,171,554$ Fund Balances - Beginning 44,417,252 Fund Balances - Ending 51,250,096$ 162 Page 527 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL HOUSING PROGRAMS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Intergovernmental 100,000$ 92,019$ (7,981)$ Total Revenues 100,000 92,019 (7,981) Expenditures: Current: Community development 1,009,290 136,956 872,334 Total Expenditures 1,009,290 136,956 872,334 Excess (Deficiency) Revenues over Expenditures (909,290) (44,937) 864,353 Net Change in Fund Balance (909,290)$ (44,937) 864,353$ Fund Balances - Beginning 155,942 Fund Balances - Ending 111,005$ 163 Page 528 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL HOUSING AUTHORITY FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Developer participation -$ 4,890$ 4,890$ Charges for service 864,809 392,412 (472,397) Use of money and property (investment loss)- 163,739 163,739 Other revenues 170,000 765,296 595,296 Total Revenues 1,034,809 1,326,337 291,528 Expenditures: Current: Community development 4,341,439 1,365,540 2,975,899 Total Expenditures 4,341,439 1,365,540 2,975,899 Excess (Deficiency) Revenues over Expenditures (3,306,630) (39,203) 3,267,427 Other Financing Sources (Uses): Transfers in 45,765 6,000 (39,765) Transfers out (370,269) (368,819) 1,450 Total Other Financing Sources (Uses)(324,504) (362,819) (38,315) Net Change in Fund Balance (3,631,134)$ (402,022) 3,229,112$ Fund Balances - Beginning 5,893,302 Fund Balances - Ending 5,491,280$ 164 Page 529 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL TRANSPORTATION SALES TAX FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Intergovernmental 6,673,500$ 2,897,705$ (3,775,795)$ Use of money and property (investment loss) - 2,161 2,161 Other revenues 1,869,000 - (1,869,000) Total Revenues 8,542,500 2,899,866 (5,642,634) Expenditures: Current: Capital outlay 22,573,576 4,448,993 18,124,583 Total Expenditures 22,573,576 4,448,993 18,124,583 Net Change in Fund Balance (14,031,076)$ (1,549,127) 12,481,949$ Fund Balances - Beginning (497,724) Fund Balances - Ending (2,046,851)$ 165 Page 530 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL MOBILE PARK FEE FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Charges for service 65,000$ 24,076$ (40,924)$ Total Revenues 65,000 24,076 (40,924) Expenditures: Current: Community development 67,070 43,849 23,221 Total Expenditures 67,070 43,849 23,221 Net Change in Fund Balance (2,070)$ (19,773) (17,703)$ Fund Balances - Beginning 248,900 Fund Balances - Ending 229,127$ 166 Page 531 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL PUBLIC EDUCATION AND GOVT FEE FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Other revenues 540,000$ 416,801$ (123,199)$ Total Revenues 540,000 416,801 (123,199) Expenditures: Current: General government 637,034 596,276 40,758 Capital outlay 338,000 258,143 79,857 Total Expenditures 975,034 854,419 120,615 Net Change in Fund Balance (435,034)$ (437,618) (2,584)$ Fund Balances - Beginning 931,420 Fund Balances - Ending 493,802$ 167 Page 532 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL UTILITY TAX SETTLEMENT FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss) 13$ 2,058$ 2,045$ Total Revenues 13 2,058 2,045 Expenditures: Current: General government 13 12 1 Total Expenditures 13 12 1 Net Change in Fund Balance -$ 2,046 2,046$ Fund Balances - Beginning 101,526 Fund Balances - Ending 103,572$ 168 Page 533 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL NATIONAL OPIOID SETTLEMENT FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss)-$ 4,222$ 4,222$ Other revenues 301,208 88,160 (213,049) Total Revenues 301,208 92,382 (208,826) Expenditures: Current: General government 301,208 37 301,171 Total Expenditures 301,208 37 301,171 Excess (Deficiency) Revenues over Expenditures - 92,345 92,345 Net Change in Fund Balance -$ 92,345 92,345$ Fund Balances - Beginning - Fund Balances - Ending 92,345$ 169 Page 534 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL SPECIAL REVENUE ENDOWMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Expenditures: Current: Community development 190,485$ 99,527$ 90,958$ Total Expenditures 190,485 99,527 90,958 Net Change in Fund Balance (190,485) (99,527) 90,958 Fund Balances - Beginning - Fund Balances - Ending (99,527)$ 170 Page 535 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL DEVELOPER CONTRIBUTIONS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Developer participation 35,768,699$ 4,184,261$ (31,584,438)$ Use of money and property (investment loss)546 64,807 64,261 Other revenues 158,472 - (158,472) Total Revenues 35,927,717 4,249,068 (31,678,649) Expenditures: Current: General government 15 15 - Community development 1,076,472 183,139 893,333 Capital outlay 34,761,835 52,634 34,709,201 Total Expenditures 35,838,322 235,788 35,602,534 Net Change in Fund Balance 89,395$ 4,013,280 3,923,885$ Fund Balances - Beginning 1,297,964 Restatements 158,472 Fund Balances - Beginning, as Restated 1,456,436 Fund Balances - Ending 5,469,716$ 171 Page 536 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL DONATIONS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss)-$ 15,184$ 15,184$ Other revenues 732,877 128,099 (604,778) Total Revenues 732,877 143,283 (589,594) Expenditures: Current: General government 130,615 71,177 59,438 Community development 247,616 53,527 194,089 Public safety 276,006 16,106 259,900 Parks and recreation 145,979 8 145,971 Total Expenditures 800,216 140,818 659,398 Excess (Deficiency) Revenues over Expenditures (67,339) 2,465 69,804 Net Change in Fund Balance (67,339)$ 2,465 69,804$ Fund Balances - Beginning 160,934 Restatements 486,285 Fund Balances - Beginning, as Restated 647,219 Fund Balances - Ending 649,684$ 172 Page 537 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL DEVELOPMENT IMPACT FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Developer participation 19,090,000$ 22,343,828$ 3,253,828$ Charges for service 350,000 384,808 34,808 Use of money and property (investment loss)200,804 1,763,743 1,562,939 Total Revenues 19,640,804 24,492,379 4,851,575 Expenditures: Current: Community development 4,281,797 3,380,223 901,574 Capital outlay 42,105,861 34,114,290 7,991,571 Debt service: Principal retirement 126,488 67,902 58,586 Interest and fiscal charges 392,695 187,896 204,799 Total Expenditures 46,906,841 37,750,311 9,156,530 Excess (Deficiency) Revenues over Expenditures (27,266,037) (13,257,932) 14,008,105 Other Financing Sources (Uses): Transfers out (5,276,291) (5,276,292) (1) Total Other Financing Sources (Uses)(5,276,291) (5,276,292) (1) Net Change in Fund Balance (32,542,328)$ (18,534,224) 14,008,104$ Fund Balances - Beginning 72,329,429 Fund Balances - Ending 53,795,205$ 173 Page 538 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL PARK ACQUISITION DEVELOPMENT FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Developer participation 665,000$ 658,723$ (6,277)$ Use of money and property (investment loss)196,500 895,151 698,651 Total Revenues 861,500 1,553,874 692,374 Expenditures: Current: Community development 610,000 505,389 104,611 Capital outlay 1,500,000 - 1,500,000 Debt service: Interest and fiscal charges 196,500 190,377 6,123 Total Expenditures 2,306,500 695,766 1,610,734 Excess (Deficiency) Revenues over Expenditures (1,445,000) 858,108 2,303,108 Other Financing Sources (Uses): Transfers in 50,000 - (50,000) Transfers out (81,743) (16,944) 64,798 Total Other Financing Sources (Uses)(31,743) (16,944) 14,798 Net Change in Fund Balance (1,476,743)$ 841,164 2,317,906$ Fund Balances - Beginning 43,192,633 Fund Balances - Ending 44,033,797$ 174 Page 539 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL RESIDENTIAL CONSTRUCTION TAX FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Taxes 325,505$ 166,875$ (158,630)$ Use of money and property (investment loss)- (18,399) (18,399) Total Revenues 325,505 148,476 (177,029) Other Financing Sources (Uses): Transfers out (666,582) (632,071) 34,511 Total Other Financing Sources (Uses) (666,582) (632,071) 34,511 Net Change in Fund Balance (341,077)$ (483,595) (142,518)$ Fund Balances - Beginning (826,536) Fund Balances - Ending (1,310,131)$ 175 Page 540 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL HIGHWAY SAFETY FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss)-$ 19$ 19$ Total Revenues -$ 19$ 19$ Net Change in Fund Balance - 19 18 Fund Balances - Beginning 963 Fund Balances - Ending 982$ 176 Page 541 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL INDUSTRIAL DEVELOPMENT AUTHORITY FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss)-$ 2$ 2$ Total Revenues - 2 2 Net Change in Fund Balance -$ 2 2$ Fund Balances - Beginning 54 Fund Balances - Ending 56$ 177 Page 542 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL ASSESSMENT DISTRICT IMPROVEMENT FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss)134$ 22,310$ 22,176$ Total Revenues 134 22,310 22,176 Expenditures: Current: General government 134 134 - Total Expenditures 134 134 - Excess (Deficiency) Revenues over Expenditures - 22,176 22,176 Net Change in Fund Balance -$ 22,176 22,176$ Fund Balances - Beginning 1,100,362 Fund Balances - Ending 1,122,538$ 178 Page 543 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL TRANSPORTATION PARTNERSHIP FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss)-$ 4$ 4$ Total Revenues - 4 4 Net Change in Fund Balance -$ 4 4$ Fund Balances - Beginning 104 Restatements - Fund Balances - Beginning, as Restated 104 Fund Balances - Ending 108$ 179 Page 544 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL OTHER TRANSPORTATION PROGRAM FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Intergovernmental 3,045,432$ 704,244$ (2,341,188)$ Total Revenues 3,045,432 704,244 (2,341,188) Expenditures: Current: Capital outlay 8,095,655 2,363,880 5,731,775 Total Expenditures 8,095,655 2,363,880 5,731,775 Excess (Deficiency) Revenues over Expenditures (5,050,223) (1,659,636) 3,390,587 Net Change in Fund Balance (5,050,223) (1,659,636) 3,390,587 Fund Balances - Beginning (646,508) Fund Balances - Ending (2,306,144)$ 180 Page 545 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL CAPITAL PROJECTS FUND FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss) -$ 69,453$ 69,453$ Other revenues 210,000 49,083 (160,917) Total Revenues 210,000 118,536 (91,464) Expenditures: Current: Public works 508,966 508,966 - Capital outlay 30,423,591 14,338,832 16,084,759 Total Expenditures 30,932,557 14,847,798 16,084,759 Excess (Deficiency) Revenues over Expenditures (30,722,557) (14,729,262) 15,993,295 Other Financing Sources (Uses): Transfers in 10,355,062 8,739,618 (1,615,444) Transfers out (24,343) (24,343) - Total Other Financing Sources (Uses)10,330,719 8,715,274 (1,615,444) Net Change in Fund Balance (20,391,838) (6,013,987) 14,377,851$ Fund Balances - Beginning 5,332,548 Fund Balances - Ending (681,439)$ 181 Page 546 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL PUBLIC FINANCING AUTHORITY FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss) -$ (331,393)$ (331,393)$ Total Revenues - (331,393) (331,393) Expenditures: Current: General government 15,278 13,000 2,278 Debt service: Principal retirement 4,250,002 4,250,000 2 Interest and fiscal charges 2,557,397 2,557,393 4 Total Expenditures 6,822,677 6,820,393 2,284 Excess (Deficiency) Revenues over Expenditures (6,822,677) (7,151,786) (329,109) Other Financing Sources (Uses): Transfers in 6,822,401 6,478,565 (343,836) Total Other Financing Sources (Uses)6,822,401 6,478,565 (343,836) Net Change in Fund Balance (276)$ (673,221) (672,945)$ Fund Balances - Beginning 5,883,740 Fund Balances - Ending 5,210,519$ 182 Page 547 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL MUNICIPAL FINANCING AUTHORITY FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss) -$ 20,167$ 20,167$ Other revenues 246,000 246,113 113 Total Revenues 246,000 266,280 20,280 Expenditures: Current: General government 21,253 17,599 3,654 Debt service: Principal retirement 7,860,000 7,860,000 - Interest and fiscal charges 2,776,921 2,776,920 1 Total Expenditures 10,658,174 10,654,519 3,655 Excess (Deficiency) Revenues over Expenditures (10,412,174) (10,388,239) 23,935 Other Financing Sources (Uses): Transfers in 10,412,174 10,391,886 (20,288) Transfers out - - - Total Other Financing Sources (Uses)10,412,174 10,391,886 (20,288) Net Change in Fund Balance -$ 3,647 3,647$ Fund Balances - Beginning (1,266) Fund Balances - Ending 2,381$ 183 Page 548 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL CITY DEBT SERVICE FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss) -$ 2,015$ 2,015$ Total Revenues - 2,015 2,015 Expenditures: Current: General government 5,000 3,969 1,031 Debt service: Principal retirement 8,057,426 8,057,426 (0) Interest and fiscal charges 7,679,215 7,055,771 623,444 Total Expenditures 15,741,641 15,117,166 624,475 Excess (Deficiency) Revenues over Expenditures (15,741,641) (15,115,151) 626,490 Other Financing Sources (Uses): Transfers in 15,741,641 15,095,588 (646,053) Total Other Financing Sources (Uses)15,741,641 15,095,588 (646,053) Net Change in Fund Balance -$ (19,563) (19,563)$ Fund Balances - Beginning 474,132 Fund Balances - Ending 454,569$ 184 Page 549 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL NOTES PAYABLE FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Other revenues 258,000$ -$ (258,000)$ Total Revenues 258,000 - (258,000) Expenditures: Debt service: Principal retirement 794,185 786,898 7,286 Interest and fiscal charges 173,437 173,435 2 Total Expenditures 967,622 960,333 7,289 Excess (Deficiency) Revenues over Expenditures (709,622) (960,333) (250,711) Other Financing Sources (Uses): Transfers in 967,335 960,333 (7,002) Total Other Financing Sources (Uses)967,335 960,333 (7,002) Net Change in Fund Balance 257,713$ - (257,713)$ Fund Balances - Beginning 40,127 Fund Balances - Ending 40,127$ 185 Page 550 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA SCHEDULE OF REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES - BUDGET AND ACTUAL LEASE PAYABLE FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Variance with Final Budget Actual on a Positive Final Budget Budgetary Basis (Negative) Revenues: Use of money and property (investment loss) -$ (370)$ (370)$ Other revenues 12,700 12,818 118 Total Revenues 12,700 12,448 (252) Expenditures: Debt service: Principal retirement 470,989 274,188 196,801 Interest and fiscal charges 69,829 22,228 47,601 Total Expenditures 540,818 296,416 244,402 Excess (Deficiency) Revenues over Expenditures (528,118) (283,968) 244,150 Other Financing Sources (Uses): Transfers in 283,718 283,760 42 Transfers out (100,665) (100,664) 1 Total Other Financing Sources (Uses)183,053 183,096 43 Net Change in Fund Balance (345,065)$ (100,872) 244,193$ Fund Balances - Beginning 97,814 Fund Balances - Ending (3,058)$ 186 Page 551 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        187 CITY OF CHULA VISTA Page 552 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF NET POSITION NON-MAJOR PROPRIETARY FUNDS JUNE 30, 2023 Bayfront Trolley Station Transit Fund Chula Vista Muni Golf Course Transport Enterprise ASSETS Current Assets: Cash and investments 89,548$ 87,532$ 135,711$ 2,081,751$ Cash with fiscal agent - - 864,549 - Receivables: Accounts (net of allowance for uncollectibles)- - - 12,666,233 Accrued interest 488 495 - 26,249 Prepaid costs - - 936 - Inventories - - 123,078 - Total Current Assets 90,036 88,027 1,124,274 14,774,233 Capital assets: Land - - 598,659 - Buildings and structures - - 727,553 - Machinery and equipment - 42,304 117,382 4,484,516 Less accumulated depreciation/amortization - (37,418)(648,287) (2,211,931) Total Noncurrent Assets - 4,886 795,307 2,272,585 Total Assets 90,036 92,913 1,919,581 17,046,818 DEFERRED OUTFLOWS OF RESOURCES Pension deferred outflows - - - 3,928,676 OPEB deferred outflows - - - 335,101 Total Deferred Outflows of Resources - - - 4,263,777 LIABILITIES Current Liabilities: Accounts payable - - 198,838 252,898 Accrued liabilities - - 23,232 300,989 Accrued interest payable - 11,414 Accrued compensated absences - - - 199,208 Bonds, notes, subscriptions, and financed purchases - - - 903,001 Total Current Liabilities - - 222,070 1,667,510 Noncurrent Liabilities: Advances from other funds - - - 2,340,621 Accrued compensated absences - - 24,970 - Net pension liability - - - 1,818,596 Net OPEB liability - - - 1,422,737 Bonds, notes, subscriptions, and financed purchases - - - 1,833,250 Total Noncurrent Liabilities - - 24,970 7,415,204 Total Liabilities - - 247,040 9,082,714 DEFERRED INFLOWS OF RESOURCES Pension deferred inflows - - - 353,128 OPEB deferred inflows - - - 178,779 Total Deferred Inflows of Resources - - - 531,907 NET POSITION (DEFICIT) Net investment in capital assets - 4,886 795,307 (463,666) Unrestricted 90,036 88,027 877,234 12,159,640 Total Net Position (Deficit)90,036$ 92,913$ 1,672,541$ 11,695,974$ Business-Type Activities - Enteprise Funds 188 Page 553 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF NET POSITION NON-MAJOR PROPRIETARY FUNDS JUNE 30, 2023 ASSETS Current Assets: Cash and investments Cash with fiscal agent Receivables: Accounts (net of allowance for uncollectibles) Accrued interest Prepaid costs Inventories Total Current Assets Capital assets: Land Buildings and structures Machinery and equipment Less accumulated depreciation/amortization Total Noncurrent Assets Total Assets DEFERRED OUTFLOWS OF RESOURCES Pension deferred outflows OPEB deferred outflows Total Deferred Outflows of Resources LIABILITIES Current Liabilities: Accounts payable Accrued liabilities Accrued interest payable Accrued compensated absences Bonds, notes, subscriptions, and financed purchases Total Current Liabilities Noncurrent Liabilities: Advances from other funds Accrued compensated absences Net pension liability Net OPEB liability Bonds, notes, subscriptions, and financed purchases Total Noncurrent Liabilities Total Liabilities DEFERRED INFLOWS OF RESOURCES Pension deferred inflows OPEB deferred inflows Total Deferred Inflows of Resources NET POSITION (DEFICIT) Net investment in capital assets Unrestricted Total Net Position (Deficit) Living Coast Discovery Center Totals 28,930$ 2,423,472$ - 864,549 - 12,666,233 363 27,595 - 936 - 123,078 29,293 16,105,863 - 598,659 - 727,553 - 4,644,202 - (2,897,636) - 3,072,778 29,293 19,178,641 - 3,928,676 - 335,101 - 4,263,777 30,091 481,827 - 324,221 - 11,414 - 199,208 - 903,001 30,091 1,919,671 - 2,340,621 - 24,970 - 1,818,596 - 1,422,737 - 1,833,250 - 7,440,174 30,091 9,359,845 - 353,128 - 178,779 - 531,907 - 336,527 (798) 13,214,139 (798)$ 13,550,666$ Business-Type Activities - Enteprise Funds 189 Page 554 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION NON-MAJOR PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 Bayfront Trolley Station Transit Fund Chula Vista Muni Golf Course Transport Enterprise OPERATING REVENUES Sales and service charges -$ -$ 3,214,664$ 18,224,005$ Other - - - - Total Operating Revenues - - 3,214,664 18,224,005 OPERATING EXPENSES Administration and general 11 22 3,121,922 10,231,954 Depreciation/amortization expense - 8,461 51,912 884,806 Total Operating Expenses 11 8,483 3,173,834 11,116,760 Operating Income (Loss)(11) (8,483) 40,830 7,107,245 NONOPERATING REVENUES (EXPENSES) Investment earnings (loss)1,285 786 - (92,104) Interest expense - - - (87,817) Total Nonoperating Revenues (Expenses):1,285 786 - (179,921) Income (Loss) Before Transfers 1,274 (7,697) 40,830 6,927,324 Transfers in - - - 58,000 Transfers out - - - (3,259,685) Change in Net Position 1,274 (7,697) 40,830 3,725,639 NET POSITION (DEFICIT) - BEGINNING 88,762 100,610 1,631,711 7,970,335 NET POSITION (DEFICIT) - ENDING 90,036$92,913$1,672,541$ 11,695,974$ Business -Type Activities - Enterprise Funds 190 Page 555 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION NON-MAJOR PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 OPERATING REVENUES Sales and service charges Other Total Operating Revenues OPERATING EXPENSES Administration and general Depreciation/amortization expense Total Operating Expenses Operating Income (Loss) NONOPERATING REVENUES (EXPENSES) Investment earnings (loss) Interest expense Total Nonoperating Revenues (Expenses): Income (Loss) Before Transfers Transfers in Transfers out Change in Net Position NET POSITION (DEFICIT) - BEGINNING NET POSITION (DEFICIT) - ENDING Living Coast Discovery Center Totals -$ 21,438,669$ - - - 21,438,669 173,295 13,527,204 - 945,179 173,295 14,472,383 (173,295)6,966,286 (467) (90,500) - (87,817) (467) (178,317) (173,762)6,787,969 173,762 231,762 - (3,259,685) - 3,760,046 (798) 9,790,620 (798)$ 13,550,666$ Business -Type Activities - Enterprise Funds 191 Page 556 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF CASH FLOWS NON-MAJOR PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 Bayfront Trolley Station Transit Fund Chula Vista Muni Golf Course Transport Enterprise CASH FLOWS FROM OPERATING ACTIVITES Cash received from customers and users -$ -$ 3,215,018$ 17,561,722$ Cash paid to suppliers for goods and services (11) (22) (1,805,096) (5,031,029) Cash paid to employees for services - -(1,366,682) (6,469,534) Cash received from others - -40,849 - Net Cash Provided by (Used for) Operating Activities (11) (22) 84,089 6,061,159 CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES Cash transfers in - - - 58,000 Cash transfers out - - - (3,259,685) Cash received from interfund borrowings - - - - Repayment of interfund borrowings - - - (442,528) Net Cash Provided by (Used for) Non-Capital Financing Activities - - - (3,644,213) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition and construction of capital assets - - - (98,266) Principal paid on capital debt - - - (894,038) Interest paid on capital debt - - - (91,546) Net Cash Used for Capital and Related Financing Activities - - - (1,083,850) CASH FLOWS FROM INVESTING ACTIVITIES Investment loss 1,168 668 - (111,735) Net Cash Used for Investing Activities 1,168 668 - (111,735) Net Increase (Decrease) in Cash and Cash Equivalents 1,157 646 84,089 1,221,361 Cash and Cash Equivalents - July 1 88,391 86,886 916,171 860,390 Cash and Cash Equivalents - June 30 89,548$ 87,532$ 1,000,260$ 2,081,751$ Reconciliation of Cash and Cash Equivalents to the Amounts Reported on the Statement of Net Position Cash and investments 89,548$ 87,532$ 135,711$ 2,081,751$ Cash with fiscal agent - - 864,549 - Total Cash and Cash Equivalents reported on the Statement of Net Position 89,548$ 87,532$ 1,000,260$ 2,081,751$ Business-Type Activities - Enterprise Funds 192192 Page 557 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF CASH FLOWS NON-MAJOR PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 CASH FLOWS FROM OPERATING ACTIVITES Cash received from customers and users Cash paid to suppliers for goods and services Cash paid to employees for services Cash received from others Net Cash Provided by (Used for) Operating Activities CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES Cash transfers in Cash transfers out Cash received from interfund borrowings Repayment of interfund borrowings Net Cash Provided by (Used for) Non-Capital Financing Activities CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Acquisition and construction of capital assets Principal paid on capital debt Interest paid on capital debt Net Cash Used for Capital and Related Financing Activities CASH FLOWS FROM INVESTING ACTIVITIES Investment loss Net Cash Used for Investing Activities Net Increase (Decrease) in Cash and Cash Equivalents Cash and Cash Equivalents - July 1 Cash and Cash Equivalents - June 30 Reconciliation of Cash and Cash Equivalents to the Amounts Reported on the Statement of Net Position Cash and investments Cash with fiscal agent Total Cash and Cash Equivalents reported on the Statement of Net Position Living Coast Discovery Center Totals -$ 20,776,740$ (143,824) (6,979,982) - (7,836,216) - 40,849 (143,824) 6,001,391 173,762 231,762 - (3,259,685) (178) (178) - (442,528) 173,584 (3,470,629) - (98,266) - (894,038) - (91,546) - (1,083,850) (830) (110,729) (830) (110,729) 28,930 1,336,183 - 1,951,838 28,930$ 3,288,021$ 28,930$ 2,423,472$ - 864,549 28,930$ 3,288,021$ Business -Type Activities - Enterprise Funds 193 Page 558 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF CASH FLOWS NON-MAJOR PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 Bayfront Trolley Station Transit Fund Chula Vista Muni Golf Course Transport Enterprise Business-Type Activities - Enterprise Funds Reconciliation of Operating Income (Loss) to Net Cash Provided by (Used for) Operating Activities: Operating income (loss) (11)$ (8,483)$ 40,830$ 7,107,245$ Adjustments to Reconcile Operating Income (loss) to Net Cash Provided by (Used for) Operating Activities: Depreciation/Amortization - 8,461 51,912 884,806 (Increase) decrease in accounts receivable - -354 (662,646) (Increase) decrease in prepaid costs and inventories - -(36,299) - (Increase) decrease in deferred outflows from pensions - -- (3,928,676) (Increase) decrease in deferred outflows from OPEB - -- 17,939 Increase (decrease) in accounts payable - -40,849 (43,789) Increase (decrease) in accrued liabilities - -(14,028) 48,739 Increase (decrease) in compensated absences - -471 199,208 Increase (decrease) in net pension liability - -- 1,818,596 Increase (decrease) in net OPEB liability - -- 220,457 Increase (decrease) in deferred inflows from pensions - -- 353,128 Increase (decrease) in deferred inflows from OPEB - -- 46,152 Total Adjustments - 8,461 43,259 (1,046,086) Net Cash Provided by (Used for) Operating Activities (11)$ (22)$ 84,089$ 6,061,159$ 194194 Page 559 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF CASH FLOWS NON-MAJOR PROPRIETARY FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 Reconciliation of Operating Income (Loss) to Net Cash Provided by (Used for) Operating Activities: Operating income (loss) Adjustments to Reconcile Operating Income (loss) to Net Cash Provided by (Used for) Operating Activities: Depreciation/Amortization (Increase) decrease in accounts receivable (Increase) decrease in prepaid costs and inventories (Increase) decrease in deferred outflows from pensions (Increase) decrease in deferred outflows from OPEB Increase (decrease) in accounts payable Increase (decrease) in accrued liabilities Increase (decrease) in compensated absences Increase (decrease) in net pension liability Increase (decrease) in net OPEB liability Increase (decrease) in deferred inflows from pensions Increase (decrease) in deferred inflows from OPEB Total Adjustments Net Cash Provided by (Used for) Operating Activities Living Coast Discovery Center Totals Business -Type Activities - Enterprise Funds (173,295)$ 6,966,286$ - 945,179 - (662,292) - (36,299) - (3,928,676) - 17,939 29,471 26,531 - 34,711 - 199,679 - 1,818,596 - 220,457 - 353,128 - 46,152 29,471 (964,895) (143,824)$ 6,001,391$ 195 Page 560 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF NET POSITION INTERNAL SERVICE FUNDS JUNE 30, 2023 Fleet Management Technology Replacement Workers Compensation Totals ASSETS Current Assets: Cash and investments 3,217,293$ 2,650$8,971,305$ 12,191,248$ Cash with fiscal agent 12 - - 12 Receivables: Accounts (net of allowance for uncollectibles)34,892 - - 34,892 Accrued interest 3,949 - - 3,949 Due from other governments 131 - - 131 Prepaid costs 2,695 - - 2,695 Total Current Assets 3,258,972 2,650 8,971,305 12,232,927 Capital assets: Machinery and equipment 5,534,682 - - 5,534,682 Less accumulated depreciation/amortization (4,686,390) - - (4,686,390) Total Noncurrent Assets 848,292 - - 848,292 Total Assets 4,107,264 2,650 8,971,305 13,081,219 DEFERRED OUTFLOWS OF RESOURCES Pension deferred outflows 1,055,838 - - 1,055,838 OPEB deferred outflows 58,509 - - 58,509 Total Deferred Outflows of Resources 1,114,347 - - 1,114,347 LIABILITIES Current Liabilities: Accounts payable 275,426 - 122,735 398,161 Accrued liabilities 50,645 - -50,645 Accrued interest payable 3,313 - -3,313 Accrued compensated absences 19,490 - -19,490 Bonds Payable 49,170 - -49,170 Total Current Liabilities 398,044 - 122,735 520,779 Noncurrent Liabilities: Accrued compensated absences 58,048 - - 58,048 Net pension liability 488,750 - - 488,750 Net OPEB liability 248,414 - - 248,414 Bonds Payable 1,778,539 - - 1,778,539 Total Noncurrent Liabilities 2,573,751 - - 2,573,751 Total Liabilities 2,971,795 - 122,735 3,094,530 DEFERRED INFLOWS OF RESOURCES Pension deferred inflows 94,904 - - 94,904 OPEB deferred inflows 31,215 - - 31,215 Total Deferred Inflows of Resources 126,119 - - 126,119 NET POSITION (DEFICIT) Net investment in capital assets 848,292 - - 848,292 Unrestricted 1,275,405 2,650 8,848,570 10,126,625 Total Net Position (Deficit): 2,123,697$ 2,650$8,848,570$ 10,974,917$ Governmental Activities - Internal Service Funds 196 Page 561 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF REVENUES, EXPENSES AND CHANGES IN FUND NET POSITION INTERNAL SERVICE FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 Fleet Management Technology Replacement Workers Compensation Totals OPERATING REVENUES Sales and service charges 125,551$ -$ -$ 125,551$ Interdepartmental charges 4,861,669 - 4,785,897 9,647,566 Other 343,660 - 60,602 404,262 Total Operating Revenues 5,330,880 - 4,846,499 10,177,379 OPERATING EXPENSES Administration and general 5,009,061 - 4,693,803 9,702,864 Depreciation/amortization expense 184,900 - -184,900 Total Operating Expenses 5,193,961 - 4,693,803 9,887,764 Operating Income (Loss)136,919 - 152,696 289,615 NONOPERATING REVENUES (EXPENSES) Investment earnings (loss)24,564 - - 24,564 Interest expense (42,045) - - (42,045) Gain on disposal of capital assets 48,356 - - 48,356 Total Nonoperating Revenues (Expenses)30,875 - - 30,875 Income (Loss) Before Transfers 167,794 - 152,696 320,490 Transfers in 321,760 - - 321,760 Transfers out (82,673) - - (82,673) Change in Net Position 406,881 - 152,696 559,577 NET POSITION (DEFICIT) - BEGINNING 1,716,816 2,650 8,695,874 10,415,340 NET POSITION (DEFICIT) - ENDING 2,123,697$ 2,650$8,848,570$ 10,974,917$ Governmental Activities - Internal Service Funds 197 Page 562 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF CASH FLOWS INTERNAL SERVICE FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 Fleet Management Technology Replacement Workers Compensation Totals CASH FLOWS FROM OPERATING ACTIVITIES Cash received from customers and users 474,163$ -$ -$ 474,163$ Cash received from interfund service provided 4,861,669 - 4,846,499 9,708,168 Cash paid to suppliers for goods and services (3,875,989) - (509,902) (4,385,891) Cash paid to employees for services (1,179,865) - (4,101,916) (5,281,781) Net Cash Provided by (Used for) Operating Activities 279,978 - 234,681 514,659 CASH FLOWS FROM NON-CAPITAL FINANCING ACTIVITIES Cash transfers in 321,760 - - 321,760 Cash transfers out (82,673) - - (82,673) Principal payments on pension bonds (48,024) - - (48,024) Interest paid on pension bonds (42,054) - - (42,054) Net Cash Provided by (Used for) Non-Capital Financing Activities 149,009 - - 149,009 CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Proceeds from sales of capital assets 48,356 - - 48,356 Acquisition and construction of capital assets (587,351) - - (587,351) Net Cash Used for Capital and Related Financing Activities (538,995) - - (538,995) CASH FLOWS FROM INVESTING ACTIVITIES Investment loss 25,263 - - 25,263 Net Cash Used for Investing Activities 25,263 - - 25,263 Net Increase in Cash and Cash Equivalents (84,745) - 234,681 149,936 Cash and Cash Equivalents - July 1 3,302,050 2,650 8,736,624 12,041,324 Cash and Cash Equivalents - June 30 3,217,305$ 2,650$ 8,971,305$ 12,191,260$ Reconciliation of Cash and Cash Equivalents to the Amounts Reported on the Statement of Net Position Cash and investments 3,217,293$ 2,650$ 8,971,305$ 12,191,248$ Cash with fiscal agent 12 - - 12 Total Cash and Cash Equivalents reported on the Statement of Net Position 3,217,305$ 2,650$ 8,971,305$ 12,191,260$ Governmental Activities - Internal Service Funds 198 Page 563 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF CASH FLOWS INTERNAL SERVICE FUNDS FOR FISCAL YEAR ENDED JUNE 30, 2023 Fleet Management Technology Replacement Workers Compensation Totals Governmental Activities - Internal Service Funds Reconciliation of Operating Income (Loss) to Net Cash Provided by Operating Activities: Operating income (loss) 136,919$ -$ 152,696$ 289,615$ Adjustments to Reconcile Operating Income to Net Cash Provided by Operating Activities: Depreciation/Amortization 184,900 - - 184,900 (Increase) decrease in accounts receivable 4,952 - - 4,952 (Increase) decrease in prepaid costs 123 - - 123 (Increase) decrease in deferred outflows from pensions (957,657) - - (957,657) (Increase) decrease in deferred outflows from OPEB 9,383 - - 9,383 Increase (decrease) in accounts payable (227,896) - 81,985 (145,911) Increase (decrease) in accrued liabilities 7,030 - -7,030 Increase (decrease) in compensated absences (13,547) - -(13,547) Increase (decrease) in net pension liability 2,171,219 - - 2,171,219 Increase (decrease) in net OPEB liability 17,206 - -17,206 Increase (decrease) in deferred inflows from pensions (1,058,364) - - (1,058,364) Increase (decrease) in deferred inflows from OPEB 5,710 - -5,710 Total Adjustments 143,059 - 81,985 225,044 Net Cash Provided by (Used for) Operating Activities 279,978$ -$ 234,681$ 514,659$ 199 Page 564 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF FIDUCIARY NET POSITION CUSTODIAL FUNDS JUNE 30, 2023 Special Assessment Districts Bayfront Special Tax District CV Bayfront Facilities Financing Authority Total ASSETS Cash and cash equivalents 8,231,022$ 150,639$ -$ 8,381,661$ Cash and cash equivalents held with fiscal agents 34,423,353 - 96,009,063 130,432,416 Receivables: Accounts 75,720 - 419,137 494,857 Taxes - 100,134 - 100,134 Notes and loans - -103,937,814 103,937,814 Accrued interest 155,820 765 - 156,585 Advances to other funds - - - - Capital assets, not being depreciated - - 135,822,432 135,822,432 Total Assets 42,885,915 251,538 336,188,446 379,325,899 LIABILITIES Accounts payable 385 - 12,167,669 12,168,054 Accrued interest 1,958,303 7,053 - 1,965,356 Deposit payable 120,532 - - 120,532 Due to bond holders 13,333,125 - - 13,333,125 Long-term liabilities: Due within one year: Loans Payable - 550,000 - 550,000 Due in more than one year: Bonds Payable - - 202,789,453 202,789,453 Loans Payable - 103,387,814 - 103,387,814 Total Liabilities 15,412,345 103,944,867 214,957,122 334,314,334 NET POSITION (DEFICIT): Net investment in capital assets - - 1,924,016 1,924,016 Restricted: Individuals, organizations, and other governments 27,473,570 (103,693,329) 119,307,308 43,087,549 Total Net Position (Deficit)27,473,570$ (103,693,329)$ 121,231,324$ 45,011,565$ 200 Page 565 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA COMBINING STATEMENT OF CHANGES IN FIDUCIARY NET POSITION CUSTODIAL FUNDS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 Special Assessment Districts Bayfront Special Tax District CV Bayfront Facilities Financing Authority Total ADDITIONS Investment Earnings: Net decrease in fair value of investments 16,748$ (1,840)$ 377,628$ 392,536$ Interest, dividends, and other 989,530 4,857 2,449,867 3,444,254 Total Investment Earnings 1,006,278 3,017 2,827,495 3,836,790 Contributions from other governments - - 12,600,672 12,600,672 Special assessments 13,154,581 560,186 - 13,714,767 Special tax district contribution - - - - Transfers in - - 57,213,203 57,213,203 Total Additions 14,160,858 563,203 72,641,370 87,365,431 DEDUCTIONS Administrative expenses 1,030 14 - 1,044 Contractual services 246,602 44,004 12,083,049 12,373,655 Debt service and fiscal agent charges 12,813,146 31,116 13,628,351 26,472,613 Transfers out - 57,213,203 - 57,213,203 Total Deductions 13,060,778 57,288,337 25,711,400 96,060,515 Net Increase in Fiduciary Net Position 1,100,080 (56,725,134) 46,929,970 (8,695,084) NET POSITION (DEFICIT) - BEGINNING 41,595,081 234,473 27,098,686 68,928,240 Restatements (15,221,591) (47,202,668) 47,202,668 (15,221,591) Net Position (Deficit) - Beginning, as restated 26,373,490 (46,968,195) 74,301,354 53,706,649 NET POSITION (DEFICIT) - ENDING 27,473,570$ (103,693,329)$ 121,231,324$ 45,011,565$ 201 Page 566 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        202 CITY OF CHULA VISTA Page 567 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page No. Financial Trends These schedules contain information to help the reader understand how 204-211 the city's financial performance and well-being have changed over time. Revenue Capacity These schedules contain information to help the reader assess the factors 212-215 affecting the city's ability to generate its property and sales taxes. Debt Capacity These schedules present information to help the reader assess the 216-222 affordability of the city's current levels of outstanding debt and the city's ability to issue additional debt in the future. Demographic and Economic Information 223-224 These schedules offer demographic and economic indicators to help the reader understand the environment within which the city's financial activities take place and to help make comparisons over time and with other governments. Operating Information 225-227 These schedules contain information about the city's operations and resources to help the reader understand how the city's financial information relates to the services the city provides and the activities it performs. CITY OF CHULA VISTA Statistical Section June 30 Table of Contents This part of the City of Chula Vista's annual comprehensive financial report presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information says about the City's overall financial health. 203 Page 568 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2014 2015 2016 2017 2018 CITY OF CHULA VISTA Net Position by Component Last Ten Fiscal Years (accrual basis of accounting) Fiscal Year Governmental activities: Net investment in capital assets 649,314,016$ 643,174,160$ 672,940,012$ 1,031,902,782$ 963,595,553$ Restricted 107,106,257 129,460,665 125,439,323 128,114,370 143,958,910 Unrestricted 22,522,443 (245,432,296) (222,570,459) (222,843,737) (139,744,867) Total governmental activities net position 778,942,716 527,202,529 575,808,876 937,173,415 967,809,596 Business-type activities: Net investment in capital assets 136,513,268 134,368,634 135,989,851 331,199,513 327,687,650 Restricted - 5,141,430 2,803,451 2,593,403 - Unrestricted 97,393,640 71,945,411 67,970,476 72,366,978 78,539,054 Total business-type activities net position 233,906,908 211,455,475 206,763,778 406,159,894 406,226,704 Primary government: Net investment in capital assets 785,827,284 777,542,794 808,929,863 1,363,102,295 1,291,283,203 Restricted 107,106,257 134,602,095 128,242,774 130,707,773 143,958,910 Unrestricted 119,916,083 (173,486,885) (154,599,983) (150,476,759) (61,205,813) Total primary government net position 1,012,849,624$ 738,658,004$ 782,572,654$ 1,343,333,309$ 1,374,036,300$ 204 Page 569 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2019 2020 2021 2022 2023 997,561,287$ 1,048,711,594$ 1,092,307,720$ 1,139,225,615$ 1,228,680,322$ 167,223,184 181,367,432 196,782,954 230,821,470 287,363,139 (139,394,302) (135,426,227) (123,311,317) (109,552,312) (120,215,065) 1,025,390,169 1,094,652,799 1,165,779,357 1,260,494,773 1,395,828,396 322,072,495 317,722,714 317,133,368 324,179,036 325,567,886 - - 565,547 - - 90,839,632 102,067,475 107,279,738 136,075,366 152,394,676 412,912,127 419,790,189 424,978,653 460,254,402 477,962,562 1,319,633,782 1,366,434,308 1,409,441,088 1,463,404,651 1,554,248,208 167,223,184 181,367,432 197,348,501 230,821,470 287,363,139 (48,554,670) (33,358,752) (16,031,579) 26,523,054 32,179,611 1,438,302,296$ 1,514,442,988$ 1,590,758,010$ 1,720,749,175$ 1,873,790,958$ 205 Page 570 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Changes in Net Position Last Ten Fiscal Years Fiscal Year 2014 2015 2016 2017 2018 Expenses: Governmental activities: General government 25,386,867$ 36,693,953$ 25,564,824$ 35,375,230$ 29,311,449$ Public safety 74,896,803 81,002,999 87,749,418 94,716,683 106,802,130 Community development - - 1,974,046 1,552,750 18,617,269 Community services - 12,837 5,632 14,990 - Public works 63,312,155 62,454,130 67,910,401 68,885,918 72,192,449 Parks and recreation 6,118,351 6,441,907 6,834,240 6,875,635 9,553,392 Library 4,092,263 3,906,984 3,997,677 5,018,878 1,542,733 Interest on long-term debt 7,287,461 6,776,635 6,073,434 4,673,047 7,718,906 Total governmental activities expenses 181,093,900 197,289,445 200,109,672 217,113,131 245,738,328 Business-type activities: Transit 6,875,214 4,807,985 86,512 39,594 13,008 Bayfront trolley station 61,823 59,863 - - 27 Transport enterprise - - - - - Sewer fund 26,046,175 31,615,457 25,234,891 32,179,875 34,857,066 Sewer DIFs 129,279 120,197 1,146,838 8,305 34,547 Development services fund 6,113,133 5,996,109 5,741,600 6,655,654 10,683,709 Chula Vista Mini Golf Course - - - 27,092 - CV Elite Athlete Training Ctr - - - 449,028 676,260 Living Coast Discovery Center - - - - - Total business-type activities expenses 39,225,624 42,599,611 32,209,841 39,359,548 46,264,617 Total primary government expenses 220,319,524 239,889,056 232,319,513 256,472,679 292,002,945 Program revenues: Governmental activities: Charges for services: General government 8,767,069 7,623,676 6,468,756 12,317,921 8,562,792 Public safety 10,198,058 12,100,712 11,764,603 11,997,221 178,674 Community development - 297,866 730,197 771,603 17,920,527 Public works 30,495,980 31,703,848 24,218,733 32,598,199 23,487,119 Parks and recreation 5,292,433 4,511,278 10,683,649 8,221,019 1,490,236 Library 1,078,592 1,302,869 1,943,416 1,575,837 872,352 Operating contributions and grants 29,456,557 25,102,165 22,416,276 22,751,556 21,246,015 Capital contributions and grants 1,921,554 12,954,191 7,143,130 5,619,731 33,859,885 Total governmental activities program revenues 87,210,243 95,596,605 85,368,760 95,853,087 107,617,600 Business-type activities: Charges for services: Transit fund 2,672,231 1,503,262 - - - Sewer fund 33,190,660 36,054,603 35,775,374 36,289,930 37,870,947 Sewer DIFs 268,092 166,333 239,143 111,907 1,201,669 Development services fund 6,338,495 6,118,566 6,546,936 7,291,037 10,596,287 Chula Vista Muni Golf Course - - - - - Transport Enterprise - - - - - Operating grants and contributions 3,800,358 5,474,658 306,884 - 104,899 Capital grants and contributions - - - - - Total business-type activities program revenues 46,269,836 49,317,422 42,868,337 43,692,874 49,773,802 Total primary government program revenues 133,480,079 144,914,027 128,237,097 139,545,961 157,391,402 Net revenues (expenses): Governmental activities (93,883,657) (101,692,840) (114,740,912) (121,260,044) (138,120,728) Business-type activities 7,044,212 6,717,811 10,658,496 4,333,326 3,509,185 Total net revenues (expenses)(86,839,445) (94,975,029) (104,082,416) (116,926,718) (134,611,543) General revenues and other changes in net assets: Governmental activities: Taxes: Property taxes 45,266,172 47,485,292 50,136,856 53,248,196 56,512,850 Sales tax 29,171,174 41,883,924 33,317,380 36,469,033 57,541,043 Other taxes 32,145,209 23,225,498 24,463,262 24,101,777 32,496,156 Investment income 1,944,988 4,216,186 6,233,144 2,954,403 5,652,663 Other general revenues 686,054 12,921,129 1,034,027 8,970 - Miscellaneous - 27,882 336,661 1,677,271 12,675,502 Gain (loss) on sale of capital asset - -- - - Special Item - -- - - Transfers 3,551,004 3,848,746 2,799,555 4,180,778 4,170,702 Total governmental activities 112,764,601 133,608,657 118,320,885 122,640,428 169,048,916 Business-type activities: Investment income 1,505,052 657,343 1,357,938 322,527 1,155,739 Miscellaneous 845,650 2,789,595 524,616 198,847,750 414,696 Gain (loss) on sale of capital asset - - - 115,703 - Transfers (3,551,004) (3,848,746) (2,799,555) (4,180,778) (4,170,702) Total business-type activities (1,200,302) (401,808) (917,001) 195,105,202 (2,600,267) Total primary government 111,564,299 133,206,849 117,403,884 317,745,630 166,448,649 Changes in net position Governmental activities 18,880,944 31,915,817 3,579,973 1,380,384 30,928,188 Business-type activities 5,843,910 6,316,003 9,741,495 199,438,528 908,918 Total primary government 24,724,854$ 38,231,820$ 13,321,468$ 200,818,912$ 31,837,106$ 206 Page 571 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2019 2020 2021 2022 2023 27,922,521$ 33,033,582$ 18,121,564$ 57,993,429$ 43,199,147$ 111,269,341 125,991,666 131,262,122 111,173,472 130,847,798 11,153,109 11,768,626 8,555,836 45,701,258 25,674,814 - - - - - 57,563,725 69,016,706 68,218,192 58,402,021 81,289,367 14,633,191 16,592,077 40,789,923 13,542,362 5,783,062 1,007,869 1,107,068 4,505,740 2,954,806 3,749,853 6,740,877 6,027,344 8,857,969 15,631,745 13,400,138 230,290,633 263,537,069 280,311,346 305,399,093 303,944,179 160,797 13,923 8,461 8,500 8,483 - - - 19 11 - - 3,634,677 12,006,347 11,191,576 36,815,795 38,523,661 39,808,699 33,398,914 40,934,038 495,865 510,789 438,680 305,619 387,959 10,755,535 9,644,465 10,165,866 8,233,072 10,155,101 - - - 2,982,489 3,173,834 595,579 691,256 585,009 575,339 1,219,972 - 95,405 101,112 118,750 172,989 48,823,571 49,479,499 54,742,504 57,629,049 67,243,963 279,114,204 313,016,568 335,053,850 363,028,142 371,188,142 5,004,895 1,194,045 3,685,466 6,763,379 1,943,828 5,865,227 8,154,003 6,912,095 7,752,570 8,933,510 4,701,195 46,290,223 10,780,843 5,836,312 9,647,486 23,562,841 24,140,150 20,949,678 30,823,899 30,697,778 2,134,964 2,066,000 1,576,819 2,101,823 2,479,537 877,744 653,790 701,945 810,146 604,712 20,686,617 16,656,454 25,787,760 47,300,700 54,392,158 27,052,711 25,449,043 59,987,995 58,796,673 62,001,862 89,886,194 124,603,708 130,382,601 160,185,502 170,700,871 - - - - - 44,213,351 44,740,438 42,091,953 49,050,723 49,117,788 1,265,579 834,494 594,707 886,029 832,475 9,317,298 9,269,133 10,617,448 10,807,052 9,298,438 - - - 3,300,593 3,214,664 - - - 19,980,980 18,224,005 163,380 33,893 185,587 - - - - 2,672,900 - - 54,959,608 54,877,958 56,162,595 84,025,377 80,687,370 144,845,802 179,481,666 186,545,196 244,210,879 251,388,241 (140,404,439) (138,933,361) (149,928,745) (145,213,591) (133,243,308) 6,136,037 5,398,459 1,420,091 26,396,328 13,443,407 (134,268,402) (133,534,902) (148,508,654) (118,817,263) (119,799,901) 59,841,972 62,905,983 66,864,796 69,565,097 75,655,629 73,187,780 78,964,672 92,895,930 102,428,825 103,350,833 35,204,174 35,247,893 38,175,933 41,671,204 46,690,873 12,243,685 14,062,136 4,836,055 (6,855,109) 9,523,650 - - - - - 13,963,434 13,897,888 12,696,745 21,755,785 11,184,009 102,283 - 105,741 192,543 (296,411) - - - - (2,765,896) 4,339,276 4,352,954 4,664,733 7,527,863 7,965,818 198,882,604 209,431,526 220,239,933 236,286,208 251,308,505 4,575,679 5,450,627 1,175,687 (3,650,561) 2,319,648 252,213 380,617 7,245,994 16,545,269 9,730,345 60,770 1,313 11,425 47,609 70,150 (4,339,276) (4,352,954) (4,664,733) (7,527,863) (7,965,818) 549,386 1,479,603 3,768,373 5,414,454 4,154,325 199,431,990 210,911,129 224,008,306 241,700,662 255,462,830 58,478,165 70,498,165 70,311,188 91,072,617 118,065,197 6,685,423 6,878,062 5,188,464 31,810,782 17,597,732 65,163,588$ 77,376,227$ 75,499,652$ 122,883,399$ 135,662,929$ 207 Page 572 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2014 2015 2016 2017 2018 CITY OF CHULA VISTA Fund Balances of Governmental Funds Last Ten Fiscal Years (modified accrual basis of accounting) Fiscal Year General fund: Nonspendable 7,424,812$ 7,419,002$ 1,527,055$ 7,363,413$ 7,676,350$ Restricted - - - - - Committed 6,215,601 7,602,021 6,417,095 5,938,600 64,147,929 Assigned 4,807,244 4,688,124 4,315,568 8,526,339 11,866,874 Unassigned 14,511,252 16,412,879 25,132,939 20,020,613 24,512,363 Total general fund 32,958,909 36,122,026 37,392,657 41,848,965 108,203,516 All other governmental funds: Nonspendable 23,537,524$ -$ 5,834,630$ 5,460$ 3,459$ Restricted 107,106,257 129,464,688 125,439,323 128,114,370 143,915,260 Committed 10,677,564 9,584,176 9,068,623 6,583,603 6,303,075 Assigned - - 1,459,891 - 10,891 Unassigned (40,451,233) (37,216,118) (26,983,855) (19,394,021) (4,433) Total all other governmental funds 100,870,112$ 101,832,746$ 114,818,612$ 115,309,412$ 150,228,252$ 208 Page 573 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2019 2020 2021 2022 2023 7,578,086$ 9,290,599$ 12,559,029$ 12,121,324$ 5,302,883$ - - 1,042,970 9,465,060 25,673,596 46,370,754 11,082,859 11,904,304 11,731,844 18,253,033 41,546,738 66,514,060 65,282,025 79,567,415 75,747,000 23,378,859 25,636,659 28,315,924 27,682,371 24,895,945 118,874,437 112,524,177 119,104,252 140,568,014 149,872,457 4,277$ 189,587$ 519,258$ 504,336$ 490,908$ 167,241,347 181,367,432 195,739,984 220,356,410 261,198,635 5,219,729 5,321,988 5,344,272 - - 64,202 122,922 - - - (2,147,643) (878,624) (2,583,780) (1,978,532) (2,429,054) 170,381,912$ 186,123,305$ 199,019,734$ 218,882,214$ 259,260,489$ 209 Page 574 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Changes in Fund Balances of Governmental Funds Last Ten Fiscal Years (modified accrual basis of accounting) Fiscal Year 2014 2015 2016 2017 2018 Revenues: Taxes 106,825,885$ 112,594,714$ 110,452,962$ 121,462,604$ 139,296,422$ Licenses and permits 1,355,342 1,322,254 1,328,020 1,290,968 1,601,980 Fines and forfeitures 1,685,268 2,280,880 1,942,656 1,805,508 2,035,823 Investment income (loss)4,698,387 5,044,602 7,006,545 3,766,457 5,682,112 Developer fees 9,515,921 7,484,592 11,657,266 8,810,178 23,506,237 Intergovernmental 28,647,410 26,409,294 23,868,074 23,427,460 25,522,199 Charges for services 20,748,232 20,112,124 22,647,645 26,662,094 23,630,103 Contributions -- - - 11,176,064 Other 14,896,960 15,932,194 15,839,288 23,529,357 21,132,605 Total revenues 188,373,405 191,180,654 194,742,456 210,754,626 253,583,545 Expenditures Current: General government 29,341,881 26,413,901 29,087,838 33,218,003 23,723,205 Public safety 76,457,979 80,235,099 83,637,644 87,731,136 95,424,528 Public works 40,894,934 41,459,698 49,775,141 45,135,590 37,856,917 Community Development - - 1,974,046 2,030,654 17,601,341 Parks and recreation 3,590,441 3,746,349 4,059,567 4,246,605 4,276,366 Library 3,810,004 3,625,949 3,969,307 4,721,120 3,943,063 Capital outlay 15,347,338 22,216,530 12,976,408 19,172,666 40,843,898 Debt service: Principal retirement 54,040,855 5,340,205 34,980,737 6,110,055 11,898,280 Interest and fiscal charges 7,850,448 6,678,144 6,437,941 5,194,264 8,382,476 Payment to refunded bond escrow agent - -422,751 2,673,892 - Total expenditures 231,333,880 189,715,875 227,321,380 210,233,985 243,950,074 Excess (deficiency) of revenues over (under) expenditures (42,960,475) 1,464,779 (32,578,924) 520,641 9,633,471 Other financing sources (uses): Transfers in 20,113,296 30,478,465 21,708,446 27,905,430 49,858,764 Transfers out (16,551,879) (27,503,760) (18,897,272) (25,949,256) (47,177,986) Proceeds from long-term debt 2,174,204 2,121,500 578,224 377,487 - Proceeds from bond sale - 45,920,000 - 34,330,000 34,485,000 Payment to escrow agent trust - -- (7,135,000) (36,860,637) Bond premium/(bond discount)- 3,537,111 - 2,262,493 2,836,273 Subscriptions - -- -- Financed Purchase - -- -- Leases - -- -1,285,053 Total other financing sources (uses) 5,735,621 54,553,316 3,389,398 31,791,154 4,426,467 Special item - - - - - Net change in fund balances (37,224,854)$ 56,018,095$ (29,189,526)$ 32,311,795$ 14,059,938$ Debt service as a percentage of noncapital expenditures 30.3% 6.9% 20.3% 6.0% 10.0% 210 Page 575 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2019 2020 2021 2022 2023 157,824,296$ 166,215,250$ 185,983,649$ 201,616,493$ 212,781,244$ 2,367,165 1,834,236 2,005,923 1,962,967 1,961,064 2,218,235 1,670,628 1,346,492 1,572,303 1,598,385 12,212,190 14,062,136 4,836,055 (6,841,017) 9,499,084 18,068,217 10,653,015 15,955,351 25,983,157 28,445,159 26,409,517 27,836,371 37,274,120 67,809,266 69,732,761 24,925,513 27,616,079 30,993,090 38,459,855 40,032,188 15,244,658 11,984,032 7,679,652 - - 17,419,459 16,225,790 19,790,763 11,027,272 8,663,030 276,689,250 278,097,537 305,865,095 341,590,296 372,712,915 23,452,836 28,002,094 81,861,532 56,671,621 39,194,530 101,580,642 114,661,942 286,042,703 109,040,668 117,430,150 29,974,482 33,284,800 87,018,056 34,949,572 46,209,666 10,860,838 10,951,941 19,453,357 45,770,658 24,315,988 11,208,237 10,661,708 44,357,263 11,596,166 4,837,190 3,948,154 3,580,413 10,709,718 3,115,863 3,478,517 49,253,675 51,371,872 49,508,887 31,055,664 62,025,766 11,760,783 12,810,263 13,254,548 20,191,204 22,461,553 8,023,403 7,348,481 7,961,316 15,626,455 13,074,203 - -- -- 250,063,050 272,673,514 600,167,380 328,017,871 333,027,563 26,626,200 5,424,023 (294,302,285) 13,572,425 39,685,352 20,965,197 22,619,355 31,219,762 51,475,566 58,865,855 (16,625,921) (18,443,510) (26,732,447) (44,115,233) (51,139,125) - - - 3,426,935 - - - 308,476,104 - - - - - - - - - - - - - - - 404,808 - - - - 3,986,967 759,697 1,023,800 -13,323,750 - 5,098,973 5,199,645 312,963,419 24,111,018 12,118,505 - - - - (2,765,896) 31,725,173$ 10,623,668$ 18,661,134$ 37,683,443$ 49,037,961$ 10.0% 9.3% 3.6% 10.8% 10.7% 211 Page 576 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Assessed Value and Estimated Actual Value of Taxable Property Last Ten Fiscal Years Fiscal Year Taxable Total Ended Less:Assessed Direct Tax June 30,Secured Unsecured Exemptions Value ¹Rate 2014 21,922,151,025$ 555,819,631$ (831,701,747)$ 21,646,268,909$ 0.1438% 2015 23,413,030,465 542,342,957 (864,933,069) 23,090,440,353 0.1438% 2016 24,754,131,895 549,312,047 (847,445,301) 24,455,998,641 0.1438% 2017 26,210,551,258 543,505,450 (977,982,199) 25,776,074,509 0.1438% 2018 27,801,823,181 559,678,820 (1,009,910,410) 27,351,591,591 0.1438% 2019 29,390,231,110 592,221,286 (1,118,567,598) 28,863,884,798 0.1438% 2020 31,185,048,225 602,642,833 (1,191,602,603) 30,596,088,455 0.1437% 2021 33,136,962,193 641,452,322 (1,374,268,953) 32,404,145,562 0.1438% 2022 34,629,964,921 570,315,343 (1,606,360,066) 33,593,920,198 0.1438% 2023 37,345,350,471 721,184,037 (1,688,479,696) 36,378,054,812 0.1438% 1 Includes redevelopment incremental valuation. Source: County of San Diego Property Tax Services Valuation Report, Tax Rate by Tax Rate Area, ACAP 345B Note: In 1978 the voters of the State of California passed Proposition 13 which limited property taxes to a total maximum rate of 1% based upon the assessed value of the property being taxed. Each year, the assessed value of property may be increased by an "inflation factor" (limited to a maximum increase of 2%). With few exceptions, property is only re-assessed at the time that it is sold to a new owner. At that point, the new assessed value is reassessed at the purchase price of the property sold. The assessed valuation data shown above represents the only data currently available with respect to the actual market value of taxable property and is subject to the limitations described above. 212 Page 577 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 CITY OF CHULA VISTA Direct and Overlapping Property Tax Rates (Rate per $100 of Assessed Value) Last Ten Fiscal Years Fiscal Year City Direct Rates: City basic rate 0.1438 0.1438 0.1438 0.1438 0.1438 0.1438 0.1437 0.1438 0.1438 0.1438 Overlapping Rates: Chula Vista Elementary School District Bonds 0.0463 0.0475 0.0430 0.0432 0.0359 0.0392 0.0374 0.0646 0.0628 0.0505 Sweetwater Union High School District Bonds 0.0582 0.0541 0.0517 0.0516 0.0516 0.0528 0.0516 0.0488 0.0461 0.0691 Southwestern Community College Bonds 0.0368 0.0358 0.0396 0.0386 0.0498 0.0467 0.0448 0.0279 0.0485 0.0422 MWD D/S Remainder of SDCWA 15019999 0.0035 0.0035 0.0035 0.0035 0.0035 0.0035 0.0035 0.0035 0.0035 0.0035 County of San Diego*1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 Total Overlapping Rates 1.1448 1.1409 1.1378 1.1369 1.1408 1.1422 1.1373 1.1448 1.1609 1.1653 *Breakdown of the County of San Diego 1.00 Rate: County General Gen Elem Chula Vista High Sweetwater Union Southwestern Community College County School Service County School Service - Capital Outlay Childrens Institutions Tuition Regional Occupational Centers Chula Vista Project (19/84601) Chula Vista Project (19/84602) Educational Revenue Augmentation Fund Chula Vista City South Bay Irrigation CWA South Bay Irrigation San Diego Unified Port Total Source: County of San Diego Property Tax Services and ACAP 345B 0.00376946 Note: In 1978, California voters passed Proposition 13 which sets the property tax rate at a 1.00% fixed amount. This 1.00% is shared by all taxing agencies for which the subject property resides within. In addition to the 1.00% fixed amount, property owners are charged taxes as a percentage of assessed property values for the payment of school bonds and other debt service. Overlapping rates may vary by tax rate area. The data listed in this table is representative of tax rate area 001001. 0.18823068 - 1.00000000 0.00161434 0.00483027 0.00019695 0.00039390 0.14676995 0.14375071 - 0.15920355 0.29103670 0.05072194 0.00757296 0.00190859 213 Page 578 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Principal Property Tax Payers Current Year and Nine Years Ago Percent of Percent of Total City Total City Taxable Taxable Taxable Taxable Assessed Assessed Assessed Assessed Taxpayer Value Rank Value Value Rank Value Rohr Inc.208,196,329 1 0.57%252,188,020$ 1 1.17% John Hancock Life Insurance Co USA 161,181,354.00 2 0.44%- - - GGP Otay Ranch LP 142,213,758 3 0.39%- - - R-12 B LLC 136,761,342 4 0.38%- - - Chula Vista Apartments LLC 134,693,743 5 0.37%- - - Regulo Place Apartments Invest 125,225,243 6 0.34%92,415,852 4 0.43% Homefed Otay Land II LLC 119,654,541 7 0.33%- - - Village of Escaya Apartments LLC 117,558,319 8 0.32%- - - Sunbow Partners LP 104,098,342 9 0.29%- - - N M Pulse LLC 104,021,582 10 0.29%- - - JPB Development - - - 226,747,987 2 1.05% EQR Teresina LP - - - 137,976,588 3 0.64% Chula Vista Center LLC - - - 70,554,229 5 0.33% Camden USA Inc - - - 65,411,407 6 0.30% Wal-Mart Stores Inc - - - 51,681,393 7 0.24% Bre Properties Inc.- - - 51,652,307 8 0.24% S S B T L C R E V LLC - - - 51,485,601 9 0.24% Costco Wholesale Corp - - - 44,653,537 10 0.21% Total 1,353,604,553$ 3.72% 1,044,766,921$ 4.85% Sources: MuniServices, LLC, an Avenu Insights & Analytics Company HdL, Coren & Cone County of San Diego Property Tax Services PT Base Tab Taxable Assessed Value for FYE 2023 2014 214 Page 579 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Property Tax Levies and Collections Last Ten Fiscal Years Fiscal Taxes Levied Collections in Year Ended for the Percent Subsequent Percent June 30,Fiscal Year 1 Amount of Levy Years 2 Amount of Levy 2014 26,063,753$ 25,758,225$ 98.83%39,776$ 25,798,000$ 98.98% 2015 27,726,666 27,398,740 98.82%36,404 27,435,143 98.95% 2016 29,083,269 28,800,156 99.03%68,973 28,869,128 99.26% 2017 30,632,668 30,388,650 99.20%49,984 30,438,634 99.37% 2018 32,518,946 32,206,343 99.04%58,329 32,264,672 99.22% 2019 34,198,598 33,877,270 99.06%6,562 33,883,832 99.08% 2020 36,202,585 35,677,358 98.55%80,701 35,758,059 98.77% 2021 38,360,550 37,854,693 98.68%211,814 38,066,507 99.23% 2022 39,703,800 39,278,153 98.93%158,717 39,436,870 99.33% 2023 42,826,740 42,399,453 99.00%(75,775) 42,323,678 98.83% 1 Levy amounts do not include supplemental taxes. 2 Collection amounts represent delinquencies collected for all prior years during the current tax year. Total delinquent collections are reduced by any refunds processed from prior year tax collections. Source: County of San Diego Property Tax Services ACAP234A 1% Collected within the Fiscal Year of Levy Total Collections to Date 215 Page 580 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Ratios of Outstanding Debt by Type Last Ten Fiscal Years Fiscal Year Pension Certificates Total Ended Obligation of Capital Financed Governmental June 30,Bonds Loans Participation Leases 2 Leases 2 Purchases 2 SBITA 3 Activities 2014 -$ 16,319,311$ 121,650,000$ 2,047,312$ -$ -$ -$ 140,016,623$ 2015 - 15,455,642 117,590,000 2,393,674 - - - 135,439,316 2016 - 16,205,773 111,195,000 2,467,714 - - - 129,868,487 2017 - 42,581,074 81,610,000 3,279,703 - - - 127,470,777 2018 - 117,927,392 78,260,000 5,125,643 - - - 201,313,035 2019 - 108,811,346 74,770,000 5,243,991 - - - 188,825,337 2020 - 99,253,322 71,110,000 5,188,939 - - - 175,552,261 2021 311,272,126 89,342,072 67,250,000 6,497,094 - - - 474,361,292 2022* 316,587,171 82,444,480 63,205,000 - 694,262 4,800,982 - 467,731,895 2023 308,481,721 15,053,436 114,230,000 - 442,467 7,911,814 1,283,006 447,402,444 1 These ratios are calculated using personal income and population for the prior calendar year. 2 GASB Statement No. 87, Leases implementation in FY2022. 3 GASB Statement No. 96, Subscription-Based Information Technology Arrangement (SBITA) implementation in FY2023. ** SANDAG's estimates for FY2022 and 2023 are not available. Note: Details regarding the City's outstanding debt can be found in the notes to basic financial statements. Source: San Diego Association of Governments (SANDAG) City Finance Department Governmental Activities * The Pension Obligation Bonds balance was reallocated between Governmental Activities and Business-Type Activities due to changes in accounting estimates. 216 Page 581 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Pension Total Total Percentage Debt Obligation Capital Financed Bus-Type Primary of Personal Per Bonds Leases 2 Leases 2 Purchases 2 SBITA 3 Activities Government Income 1 Capita 1 -$ -$ -$ -$ -$ -$ 140,016,623$ 1.09% 538$ - - - - - - 135,439,316 0.99% 516 - - - - - - 129,868,487 0.97% 492 - - - - - - 127,470,777 0.88% 478 - - - - - - 201,313,035 1.46% 750 - - - - - - 188,825,337 1.29% 696 - 10,858 - - - 10,858 175,563,119 1.13% 642 38,752,874 4,500,499 - - - 43,253,373 517,614,665 2.85% 1,728 26,932,829 - 184,617 3,630,290 - 30,747,736 498,479,631 n/a ** 1,690 26,243,279 - - 2,736,251 487,080 29,466,610 476,869,054 n/a** n/a** Business-Type Activities 217 Page 582 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Ratio of General Bonded Debt Outstanding Last Ten Fiscal Years Fiscal Year Pension Percent of Ended Obligation Assessed Per June 30,Bonds Total Value 1 Capita 2014 -$ -$0.00%-$ 2015 - - 0.00%- 2016 - - 0.00%- 2017 - - 0.00%- 2018 - - 0.00%- 2019 - - 0.00%- 2020 - - 0.00%- 2021 350,025,000 350,025,000 1.08%1,275 2022 343,520,000 343,520,000 1.02%1,241 2023 334,725,000 334,725,000 0.92%n/a * * Per Capita estimate from SANDAG for FY2023 is not available. Source: San Diego Association of Governments (SANDAG) City Finance Department Outstanding General Bonded Debt General bonded debt is debt payable with governmental fund resources and general obligation bonds recorded in enterprise funds. 1 Assessed value has been used because the actual value of taxable property is not readily available in the State of California. 218 Page 583 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Direct and Overlapping Debt June 30, 2023 2022-23 Assessed Valuation:36,378,054,812$ Total Debt City's Share of Debt OVERLAPPING TAX AND ASSESSMENT DEBT:6/30/2023 % Applicable 1 6/30/2023 Metropolitan Water District 19,215,000$ 0.999%191,958$ Southwestern Community College District 758,359,345 50.549% 383,343,065 Sweetwater Union High School District 617,301,738 59.883% 369,658,800 Chula Vista City School District 109,173,285 87.995% 96,067,032 Chula Vista City School District Schools Facilities Improvement District No. 1 76,540,000 80.403% 61,540,456 National School District 35,574,000 3.681% 1,309,479 City of Chula Vista Community Facilities Districts 119,135,000 100.000% 119,135,000 Sweetwater Union High School District Community Facilities District No. 1 11,724,715 100.000% 11,724,715 Sweetwater Union High School District Community Facilities District No. 2 69,392 100.000%69,392 Sweetwater Union High School District Community Facilities District No. 3 3,734,157 100.000% 3,734,157 Sweetwater Union High School District Community Facilities District No. 4 1,982,009 100.000% 1,982,009 Sweetwater Union High School District Community Facilities District No. 5 988,836 68.799%680,309 Sweetwater Union High School District Community Facilities District No. 6 4,345,674 100.000% 4,345,674 Sweetwater Union High School District Community Facilities District No. 10 2,775,680 21.811%605,404 Sweetwater Union High School District Community Facilities District No. 11 2,892,779 100.000% 2,892,779 Sweetwater Union High School District Community Facilities District No. 12 1,305,437 100.000% 1,305,437 Sweetwater Union High School District Community Facilities District No. 13 1,669,745 100.000% 1,669,745 Sweetwater Union High School District Community Facilities District No. 14 3,096,618 100.000% 3,096,618 Sweetwater Union High School District Community Facilities District No. 15 1,812,866 100.000% 1,812,866 Sweetwater Union High School District Community Facilities District No. 16 1,934,302 100.000% 1,934,302 Sweetwater Union High School District Community Facilities District No. 17 2,983,856 100.000% 2,983,856 Sweetwater Union High School District Community Facilities District No. 18 69,392 100.000%69,392 City of Chula Vista 1915 Act Bonds 2,560,000 100.000% 2,560,000 California Municipal Financing Authoring Community Facilities District No. 2021-11 39,380,000 100.000% 39,380,000 California Statewide Communities Development Authority 1915 Act Bonds 422,252 100.000%422,252 TOTAL OVERLAPPING TAX AND ASSESSMENT DEBT 1,112,514,697$ DIRECT AND OVERLAPPING GENERAL FUND DEBT: San Diego County General Fund Obligations 229,680,000$ 5.538% 12,719,678$ San Diego County Pension Obligation Bonds 277,990,000 5.538% 15,395,086 San Diego County Superintendent of Schools Obligations 6,935,000 5.538%384,060 Southwestern Community College District Certificates of Participation 260,000 50.549%1 131,427 Sweetwater Union High School District General Fund Obligations 770,000 59.883%461,099 Chula Vista City School District Certificates of Participation 179,945,000 87.995% 158,342,603 City of Chula Vista General Fund Obligations 138,920,723 100.000% 138,920,723 2 City of Chula Vista Pension Obligation Bonds 308,481,721 100.000% 308,481,721 TOTAL DIRECT AND OVERLAPPING GENERAL FUND DEBT 634,836,397$ OVERLAPPING TAX INCREMENT DEBT (Successor Agency):19,010,000$ 99.689% 18,950,879$ TOTAL DIRECT DEBT 447,402,444$ TOTAL OVERLAPPING DEBT 1,318,899,529 COMBINED TOTAL DEBT 1,766,301,973$ 3 1 2 3 Ratios to 2022-23 Assessed Valuation: Total Overlapping Tax and Assessment Debt 3.06% Total Direct Debt ($447,402,444)1.23% Combined Total Debt 4.86% Ratios to Redevelopment Successor Agency Incremental Valuation ($2,177,478,698): Total Overlapping Tax Increment Debt 0.87% Sources: California Municipal Statistics, Inc. City Finance Department Excludes tax and revenue anticipation notes, enterprise revenue and mortgage revenue. Qualified Zone Academy Bonds are included based on principal due at maturity. The percentage of overlapping debt applicable to the city is estimated using taxable assessed property value. Applicable percentages were estimated by determining the portion of the overlapping district's assessed value that is within the boundaries of the city divided by the district's total taxable assessed value. Includes Certificates of Participation, Lease Revenue Bonds, Loans, Notes, and Capital Leases. 219 Page 584 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2014 2015 2016 2017 2018 21,646,269$ 23,090,440$ 24,455,999$ 25,776,075$ 27,351,592$ 25%25%25%25%25% 5,411,567 5,772,610 6,114,000 6,444,019 6,837,898 15%15%15%15%15% 811,735 865,892 917,100 966,603 1,025,685 - -- -- 811,735$ 865,892$ 917,100$ 966,603$ 1,025,685$ CITY OF CHULA VISTA Legal Debt Margin Information (Dollars in Thousands) Last Ten Fiscal Years Fiscal Year Assessed valuation Conversion percentage Adjusted assessed valuation Debt limit percentage Debt limit Total net debt applicable to limit: Pension obligation bonds Legal debt margin Total debt applicable to the limit as a percentage of debt limit 0.0%0.0%0.0%0.0%0.0% Note: Sources: City Finance Department County of San Diego Property Tax Services The Government Code of the State of California provides for a legal debt limit of 15% of gross assessed valuation. However, this provision was enacted when assessed valuation was based upon 25% of market value. Effective with the 1981-82 fiscal year, each parcel is now assessed at 100% of market value (as of the most recent change in ownership for that parcel). The computations shown above reflect a conversion of assessed valuation data for each fiscal year from the current full valuation perspective to the 25% level that was in effect at the time that the legal debt margin was enacted by the State of California for local governments located within the state. 220 Page 585 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2019 2020 2021 2022 2023 28,863,885$ 30,596,088$ 32,404,146$ 33,593,920$ 36,378,055$ 25%25%25%25%25% 7,215,971 7,649,022 8,101,036 8,398,480 9,094,514 15%15%15%15%15% 1,082,396 1,147,353 1,215,155 1,259,772 1,364,177 - -350,025 343,520 334,774 1,082,396$ 1,147,353$ 865,130$ 916,252$ 1,029,403$ 0.0%0.0%28.8%27.3%24.5% 221 Page 586 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Pledged-Revenue Coverage Last Ten Fiscal Years Note: Source: City Finance Department The City does not have debt in the last ten fiscal years with this requirement. Details regarding the City's outstanding debt can be found in the notes to basic financial statements. 222 Page 587 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Demographic and Economic Statistics Last Ten Calendar Years % of S.D. % Change Avg. % High % Bachelor's Personal Per Capita Total County from Previous Median Household School Degree or % Below Unemployment Income Personal Year Population 1 Population 1 Year 1 Age 2 Size 1 Graduate 3 Higher 3 Poverty 3 Rate 4 (in thousands) 5 Income 5 2014 260,177 8.0% 1.5% 32.9 3.29 80.4% 27.8% 12.8% 8.20% 12,819,059$ 49,271$ 2015 262,484 8.0% 0.9% 33.0 3.30 82.3% 29.8% 10.6% 6.60% 13,615,626 51,872 2016 264,046 8.0% 0.6% 33.0 3.30 80.1% 27.4% 10.5% 5.2% 13,358,859 50,593 2017 266,427 8.1% 0.9% 33.1 3.30 80.9% 28.1% 11.5% 4.4% 14,432,090 54,169 2018 268,588 8.1% 0.8% 33.1 3.29 85.5% 27.4% 8.4% 3.7% 13,834,485 51,508 2019 271,362 8.1% 1.0% 33.1 3.27 83.2% 29.2% 8.7%3.60% 14,606,180 53,825 2020 273,384 8.2% 0.7% 33.1 3.25 83.8% 29.2% 9.5%10.70% 15,598,460 57,057 2021 274,449 8.3% 0.4% 32.9 3.23 82.6% 33.0% 8.9% 7.5% 16,658,152 60,482 2022 * 276,785 8.4% 0.1% 37.2 3.22 n/a n/a n/a 3.9%n/a n/a 2023 * n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a Source: ¹ California Department of Finance, "January Population and Housing Estimates" Educational Attainment Data compiled by SANDAG Service Bureau using the following sources: BEA Personal Income definition: "Personal income is the income received by, or on behalf of, all persons from all sources: from participation as laborers in production, from owning a home or business, from the ownership of financial assets, and from government and business in the form of transfers. It includes income from domestic sources as well as the rest of world. It does not include realized or unrealized capital gains or losses." ² SANDAG Estimates, Vintage 2021 (2011-2021) ³ American Community Survey (ACS) 1-Year Estimates, Tables B15003 (Educational Attainment) and B17001 (Poverty) ⁴ California Employment Development Department (EDD), Local Area Unemployment Statistics (LAUS), Annual Average ⁵ U.S. Bureau of Economic Analysis (BEA), Regional Economic Accounts "Local Area Personal Income Accounts," Table CA5N; ACS 1-Year Estimates, Table B19301; Bureau of Labor Statistics (BLS), retrieved from FRED, Chained Consumer Price Index (CPI), "Series CUUSA424SA0." Personal Income and PCPI of 2022 is not available yet. * SANDAG estimates for FY2022 and 2023 are not available. Note: Year-to-year variation for Educational Attainment and Poverty are the result of both actual change and sampling error. Per Capita Personal Income (PCPI) is the share of the jurisdiction's Per Capita Income to the region's based on the ACS 1-Year Estimates, Table B19301, multiplied by the region's PCPI from BEA. Personal Income is the product of PCPI and Total Population. Dollar values are inflation-adjusted to 2021 dollars. 223 Page 588 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Principal Employers Current Year and Nine Years Ago Percent of Percent of Number of Total Number of Total Employer Employees Rank Employment Employees Rank Employment Sweetwater Union High School District 3,993 1 6.14%4,096 1 6.92% Chula Vista Elementary School District 3,776 2 5.81%2,803 2 4.73% Sharp Chula Vista Medical Center 2,823 3 4.34%1,823 4 3.08% Southwestern Community College 1,792 4 2.76%1,699 5 2.87% Wal-Mart 1,413 5 2.17%1,239 6 2.09% City of Chula Vista 1,398 6 2.15%1,154 7 1.95% Rohr Inc./Goodrich Aerospace 1,307 7 2.01%2,468 3 4.17% Scripps Mercy Hospital Chula Vista 1,073 8 1.65%1,132 8 1.91% Costco Wholesale 707 9 1.09%- - - Transdev Services 602 10 0.93%- - - Target Corporation - - - 659 9 1.11% 24 Hour Fitness - - - 568 10 0.96% Note: "Total Employment" as used above represents the total employment of all employers located within City limits. Per State Employment Development Department's CY2022 Quarter 4 average, this amounts to 65,042 employees in current FY. Sources: State Employment Development Department City Finance Department Sweetwater Union High School District Chula Vista Elementary School District Southwestern Community College 2023 2014 224 Page 589 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CITY OF CHULA VISTA Full-time and Part-time City Employees by Function Last Ten Fiscal Years Fiscal Year 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 General Government 312 288 205 210 198 160 160 172 165 189 Public Safety 425 469 470 474 492 527 554 620 642 656 Public Works/Engr 161 161 241 228 228 184 180 189 185 251 Parks and Recreation 130 161 176 153 158 229 69 137 192 164 Library 77 88 70 77 73 74 24 39 53 66 Development Services 49 49 57 55 58 73 71 69 71 72 Total 1,154 1,216 1,219 1,197 1,207 1,247 1,058 1,226 1,308 1,398 Source: City Finance Department 225 Page 590 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 226 Page 591 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 CITY OF CHULA VISTA Capital Asset Statistics by Function Last Ten Fiscal Years Fiscal Year Police: Stations 1 1 1 1 1 1 1 1 1 1 Fire: Fire stations 9 9 9 9 9 9 10 10 10 10 Public works: Streets (miles)433.9 433.9 433.9 433.9 434.2 434.2 445.2 445.2 445.2 447.0 Streetlights ³9,069 9,069 9,144 9,282 9,539 9,787 9,818 9,828 9,921 9,952 Traffic signals ³273 273 275 275 282 288 294 301 303 315 Parks and recreation: Parks (acreage) 1 527.7 557.2 557.2 708.0 660.0 660.0 704.0 716.9 722.0 560.0 Recreation facilities 11 11 11 11 11 11 11 11 11 11 Library: Libraries 3 3 3 3 3 3 3 3 3 3 Sewer: Sewer pipes (miles) ²511.3 514.3 514.6 514.6 514.6 514.6 516.8 517.0 522.4 527.9 Storm drains (miles) ²255.2 263.2 266.2 269.6 272.4 273.8 280.6 282.5 307.1 316.7 Maximum daily treatment capacity 20.9 20.9 20.9 20.9 20.9 20.9 20.9 20.9 20.9 20.9 (millions of gallons) 1 Includes community, neighborhood, special purpose, mini, urban, and privately maintained public parks within City Boundaries. 2 Updated Sewer: Sewer Pipes and Storm Drains (miles) per GASB 34 in FY2018. 3 Updated Public Works: Streetlights and Traffic Signals per GASB 34 in FY2020. Source: City of Chula Vista 227 Page 592 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda        228 CITY OF CHULA VISTA Page 593 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 1611 E. Fourth Street, Suite 200 Santa Ana, CA 92701 (714) 569-1000 203 N. Brea Blvd, Suite 203 Brea, CA 92821 (714) 672-0022 21 Waterway Avenue, Suite 30089 The Woodlands, TX 77380 (936) 828-4587 2151 River Plaza Dr., Suite 150 Sacramento, CA 95833  (916) 503-9691 24422 Avenida de la Carlota, Suite 275 Laguna Hills, CA 92653 (949) 829-8299 www.lslcpas.com INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS To the Honorable Mayor and Members of the City Council City of Chula Vista, California We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the governmental activities, the business-type activities, each major fund, and the aggregate remaining fund information of the City of Chula Vista, California (the “City”), as of and for the year ended June 30, 2023, and the related notes to the financial statements, which collectively comprise the City’s basic financial statements, and have issued our report thereon dated December 28, 2023. Report on Internal Control over Financial Reporting In planning and performing our audit of the financial statements, we considered the City’s internal control over financial reporting (internal control) as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the City’s internal control. Accordingly, we do not express an opinion on the effectiveness of the City’s internal control. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements, on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected, on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses or significant deficiencies may exist that were not identified. Report on Compliance and Other Matters As part of obtaining reasonable assurance about whether the City’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. 229 Ls~ .... •••• •• ~ ,,.,,,,'7,""'"'"'"""'"I 1 ·1JitAucciado11o{Ad•;1sory ~ PrimeGlobal ondAc,~"'"'"•''""" I I I I Page 594 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda To the Honorable Mayor and Members of the City Council City of Chula Vista, California Purpose of This Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the City’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the City’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose. Brea, California December 28, 2023 230 Ls~ .... •••• •• Page 595 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Item 7.1: Audited Annual Comprehensive Financial Report (ACFR) for Fiscal Year Ended 2023 Sarah Schoen, Director of Finance/Treasurer Adrian Del Rio, Assistant Director, Finance Department Page 596 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Annual Comprehensive Financial Report (ACFR) for Fiscal Year Ended 2023 Overview of ACFR and Audit General Fund Reserves as of Fiscal Year Ended 2023 Recommend to Accept the Audited Annual Comprehensive Financial Report for Fiscal Year Ended June 30, 2023 2 https://www.chulavistaca.gov/departments/finance/financi al-reports Page 597 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Overview of ACFR and Audit 3 Compiles and prepares the annual financial report to provide interested parties with reliable information concerning the financial condition and results of operations for the City. Purpose The basic financial statements are audited by an independent certified public accounting firm as required by City Charter Section 1012Audited The financial statements have been prepared in accordance with Generally Accepted Accounting Principles (GAAP). Adheres to pronouncements of Governmental Accounting Standards Board (GASB). Allows for comparability between state and local governments. Preparation The firm of Lance, Soll & Lunghard, LLP has audited the basic financial statements of the City of Chula Vista and has issued their opinion that the statements present fairly, in all material respects, the financial position and the results of the operations of the City. An unmodified (“Clean”) opinion Results Page 598 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda General Fund Reserves 4Page 599 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Recommended Action: Accept the Audited Annual Comprehensive Financial Report for Fiscal Year Ended June 30, 2023 Page 600 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda v . 0 03 P a g e | 1 February 13, 2024 ITEM TITLE Agreement: Approve an Agreement for the Continuation and Expansion of the Work for Hope Program with McAlister Institute for Treatment and Education, Inc. Report Number: 23-0325 Location: No specific geographic location Department: Housing and Homeless Services G.C. § 84308: Yes 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. Notwithstanding the foregoing, the activity qualifies for an Exemption pursuant to Section 15061(b)(3) of the California Environmental Quality Act State Guidelines. Recommended Action Adopt a resolution waiving the competitive bidding requirements pursuant to Chula Vista Municipal Code Section 2.56.070(B)(4) and approving an agreement with McAlister Institute for the continuation and expansion of the Work for Hope program. SUMMARY Since 2020, the City has contracted with McAlister Institute for Treatment and Education, Inc. to provide transitional employment training for homeless individuals through the Work for Hope program. This item approves a contract with McAlister Institute for the continuation and expansion of the 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 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. Notwithstanding the foregoing, it has also been determined that the activity qualifies for an Exemption Page 601 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 2 pursuant to Section 15061(b)(3) of the California Environmental Quality Act State Guidelines. Thus, no environmental review is required. BOARD/COMMISSION/COMMITTEE RECOMMENDATION Not applicable. DISCUSSION In 2020, the City received an allocation of Coronavirus Aid Relief and Economic Security Act (CARES) funds for communities to implement a variety of programs to address issues related to the onset of the COVID-19 pandemic. The intent of the funding stream was to provide fast and direct economic assistance for workers, families, small businesses, and industries. In May of 2020, the City adopted the CARES Action Plan, a comprehensive strategic plan that identified and provided funding for the highest needs in the community including access to housing programs and projects, food banks, health services, job training/reentry programs and services to the unsheltered population. One of the most evident effects from the pandemic was the substantial increase in the number of unsheltered resulting from a myriad of contributing factors including: loss of employment, income, family instability, increased mental health issues, substance abuse, and addiction. With the increased funding opportunity to focus on programs addressing these specific needs, the City seized the opportunity to capitalize on an existing City initiative - Operation Pride. With limited resources, the Operation Pride initiative was initially created in 2015 to provide job opportunities to those previously homeless overcoming dependency issues. With the added 2020 CARES funding, the program expanded, under the program name Work for Hope, to provide enhanced services such as vocational rehabilitation training, life skills instructions, transportation, job readiness, and links to stable housing resources. Since its initial funding, the program demonstrated that it continues to serve as a catalyst for our unsheltered who can work, providing them with immediate transitional employment and training, while providing the community with vital services through the removal of over one million pounds in trash and debris throughout Chula Vista’s public spaces and beautification of a dozen community parks. The significant rise in need for these services resulted in staff’s determination that an increase in funding is necessary to continue the success of this program. In addition, opportunities for job training are being expanded beyond our public right of way and into the City’s Animal Care Facility where unsheltered are assisting with daily maintenance of the facility and upkeep of animals as they await adoption. Due to their unique ability to provide the job training and wrap around services staff is requesting a waiver of the competitive bidding requirements under Chula Vista Municipal Code Section 2.56.070(B)(4) as a sole source provider and proposing to enter a new 15-month contract with McAlister Institute for Treatment and Education, Inc. (“McAlister”) for $150,000 using available Housing funds earmarked for homeless activities, with two one year options to extend for a year each at $130,000. 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.). Page 602 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 3 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 to the City's General Fund as all costs associated with the program are covered by previously appropriated Housing funds. Approval of this item allows $150,000 in eligible expenditures from funds earmarked for Homeless activities. ONGOING FISCAL IMPACT There is no ongoing fiscal impact to the City's General Fund as all costs associated with the program are covered by available funds from Housing funds. The contact allows for two one-year extension for $130,000 per year. Staff will review the budget annually to determine if funding has been secured to continue the program. ATTACHMENTS 1. McAlister Agreement No. 2023-252 Staff Contact: Angelica Davis, Homeless Solutions Manager Stacey Kurz, Director of Housing and Homeless Services Department Page 603 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA WAIVING COMPETITIVE BIDDING REQUIREMENTS PURSUANT TO CHULA VISTA MUNICIPAL CODE SECTION 2.56.070(B)(4) AND APPROVING AN AGREEMENT WITH MCALISTER INSTITUTE FOR TREATMENT AND EDUCATION, INC. FOR THE WORK FOR HOPE PROGRAM WHEREAS, in 2020, the City received an allocation of Coronavirus Aid Relief and Economic Security Act (CARES) funds for communities to implement a variety of programs to address issues related to the onset of the COVID-19 pandemic. The intent of the funding stream was to provide fast and direct economic assistance for workers, families, small businesses, and industries; and WHEREAS, the City adopted the CARES Action Plan, a comprehensive strategic plan that identified and provided funding for the highest needs in the community, particularly access to housing and job training/reentry programs for the unsheltered population; and WHEREAS, the City entered into an agreement with the McAlister Institute for Treatment and Education, Inc. (“McAlister” or the “Contractor”) to fund the Work for Hope Program, providing enhanced services such as vocational rehabilitation training, life skills instructions, transportation, job readiness and links to stable housing resources; and WHEREAS, the program has demonstrated that it continues to serve as a catalyst for our unsheltered who are able to work, providing them with immediate transitional employment and training while providing the community with vital services; and WHEREAS, an additional $150,000 in additional funding is necessary to continue and expand the program for an additional 15 months, with options to extend for two additional years at $130,000 each, and is available in previously appropriated Housing funds earmarked for homeless activities; and WHEREAS, City Council finds that the use of the competitive bidding process set forth in Chula Vista Municipal Code (CVMC) section 2.56.070(B)(4), for a commodity or service available from only one known source as the result of unique performance capabilities, and that the City’s best interests would be better served by waiving said bidding requirements, particularly given the unique services provided by Contractor. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Chula Vista that it, based upon the above findings, that it hereby waives the competitive bid requirements set forth in CVMC section 2.56.070(B)(4) and approves the Contractor/Service Provider Services Agreement between the City and the McAlister Institute for Treatment and Education, Inc., in the form presented, with such minor modifications as may be required or Page 604 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda approved by the City Attorney, a copy of which shall be kept on file in the Office of the City, and authorizes and directs the City Manager to execute same. Presented by Approved as to form by Stacey Kurz Jill D.S. Maland Director of Housing and Homeless Services Lounsbery Ferguson Altona & Peak Acting City Attorney Page 605 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 1 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 CITY OF CHULA VISTA CONTRACTOR/SERVICE PROVIDER SERVICES AGREEMENT WITH MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC TO PROVIDE TRANSITIONAL EMPLOYMENT AND TRAINING FOR HOMELESS INDIVIDUALS This Agreement is entered into effective as of February 13, 2024 (“Effective Date”) by and between the City of Chula Vista, a chartered municipal corporation (“City”) and MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC, Entity Type (e.g. A California Corporation) (“Contractor/Service Provider”) (collectively, the “Parties” and, individually, a “Party”) with reference to the following facts: RECITALS WHEREAS, McAlister Institute for Treatment & Education, Inc. (“McAlister”) operates a program which provides employment opportunities and valuable training for homeless and previously homeless individuals; and WHEREAS, since 2020 the City has contracted with Contractor to provide opportunities for homeless individuals to receive paid job training; and WHEREAS, Contractor will provide beautification services of public spaces including cleaning, prepping, and painting of Parks and Recreation Facilities and maintenance services at the Animal Care Facility; and WHEREAS, in order to procure these services Contractor/Service Provider was chosen based on Contractor’s unique qualifications, including previous work performed with the City, successful track record of employment training and improvement of participants skills (including for homeless individuals), have been screened through the competitive engagement process of applying for federal block grant funding, and that the City’s best interests would be served by awarding this agreement to Contractor/Service Provider; and WHEREAS, Contractor/Service Provider warrants and represents that it is experienced and staffed in a manner such that it can deliver the services required of Contractor/Service Provider 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 606 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 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 Contractor/Service Provider hereby agree as follows: 1. SERVICES 1.1 Required Services. Contractor/Service Provider 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 Contractor/Service Provider, from time to time, reduce the Required Services to be performed by the Contractor/Service Provider under this Agreement. Upon doing so, City and Contractor/Service Provider 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 Contractor/Service Provider provide additional services related to the Required Services (“Additional Services”). If so, City and Contractor/Service Provider agree to meet and confer in good faith for the purpose of negotiating an amendment to Exhibit A, to add the Additional 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. Contractor/Service Provider 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 Contractor/Service Provider 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 Contractor/Service Provider or its subcontractors. 1.6 Security for Performance. In the event that Exhibit A Section 5 indicates the need for Contractor/Service Provider to provide additional security for performance of its duties under this Agreement, Contractor/Service Provider 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, Contractor/Service Provider shall comply with any and all applicable federal, state and local laws, including the Chula Vista Municipal Code. Page 607 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 3 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 1.8 Business License. Prior to commencement of work, Contractor/Service Provider shall obtain a business license from City. 1.9 Subcontractors. Prior to commencement of any work, Contractor/Service Provider shall submit for City’s information and approval a list of any and all subcontractors to be used by Contractor/Service Provider in the performance of the Required Services. Contractor/Service Provider agrees to take appropriate measures necessary to ensure that all subcontractors and personnel utilized by the Contractor/Service Provider 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 Contractor/Service Provider under this Agreement, Contractor/Service Provider shall ensure that each and every subcontractor carries out the Contractor/Service Provider’s responsibilities as set forth in this Agreement. 1.10 Term. This Agreement shall commence on the earlier to occur of the Effective Date or Contractor/Service Provider’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 Contractor/Service Provider 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. Contractor/Service Provider 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. Contractor/Service Provider must obtain prior written authorization from City for any fees or expenses that exceed the estimated budget. 2.3 Payment to Contractor/Service Provider. Upon receipt of a properly prepared invoice and confirmation that the Required Services detailed in the invoice have been satisfactorily performed, City shall pay Contractor/Service Provider 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 Retention Policy. City shall retain ten percent (10%) of the amount due for Required Services detailed on each invoice (the “holdback amount”). Upon City review and determination of Project Completion, the holdback amount will be issued to Contractor/Service Provider. 2.5 Reimbursement of Costs. City may reimburse Contractor/Service Provider’s out-of-pocket costs incurred by Contractor/Service Provider in the performance of the Required Services if negotiated in advance and included in Exhibit A. Unless specifically provided in Exhibit A, Contractor/Service Provider shall be responsible for any and all out-of-pocket costs incurred by Contractor/Service Provider in the performance of the Required Services. Page 608 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 4 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 2.6 Exclusions. City shall not be responsible for payment to Contractor/Service Provider 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 Contractor/Service Provider, its agents, employees, or subcontractors. 2.7 Payment Not Final Approval. Contractor/Service Provider understands and agrees that payment to the Contractor/Service Provider or reimbursement for any Contractor/Service Provider 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 Contractor/Service Provider of the terms of this Agreement. If City determines that Contractor/Service Provider is not entitled to receive any amount of compensation already paid, City will notify Contractor/Service Provider in writing and Contractor/Service Provider shall promptly return such amount. 3. INSURANCE 3.1 Required Insurance. Contractor/Service Provider 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. Contractor/Service Provider must include all sub-Contractor/Service Providers/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-Contractor/Service Providers 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 Contractor/Service Provider’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.” Contractor/Service Provider’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 Page 609 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 5 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 wholly separate from the insurance provided by Contractor/Service Provider and in no way relieves Contractor/Service Provider 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 Contractor/Service Provider must procure and put into effect equivalent coverage(s). 3.8 Waiver of Subrogation. Contractor/Service Provider’s insurer(s) will provide a Waiver of Subrogation in favor of the City for each Required Insurance policy under this Agreement. In addition, Contractor/Service Provider 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, Contractor/Service Provider shall furnish City with original certificates of insurance and any amendatory endorsements necessary to demonstrate to City that Contractor/Service Provider 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 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 Contractor/Service Provider 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 Contractor/Service Provider’s obligations under this Agreement, including Indemnity. 3.12 Additional Coverage. To the extent that insurance coverage provided by Contractor/Service Provider maintains higher limits than the minimums appearing in Exhibit B, City requires and shall be entitled to coverage for higher limits maintained. Page 610 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 6 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 4. INDEMNIFICATION 4.1. General. To the maximum extent allowed by law, Contractor/Service Provider shall timely and fully protect, defend, reimburse, indemnify and hold harmless City, its elected and appointed officers, agents, employees and volunteers (collectively, “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 mann er arising out of or incident to any alleged acts, omissions, negligence, or willful misconduct of Contractor/Service Provider, 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 Contractor/Service Provider, 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. 4.3 Costs of Defense and Award. Included in Contractor/Service Provider’s obligations under this Section 4 is Contractor/Service Provider’s obligation to defend, at Contractor/Service Provider’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, Contractor/Service Provider 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. Contractor/Service Provider’s Obligations Not Limited or Modified. Contractor/Service Provider’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 Contractor/Service Provider. Furthermore, Contractor/Service Provider’s obligations under this Section 4 shall in no way limit, modify or excuse any of Contractor/Service Provider’s other obligations or duties under this Agreement. 4.5. Enforcement Costs. Contractor/Service Provider agrees to pay any and all costs and fees City incurs in enforcing Contractor/Service Provider’s obligations under this Section 4. 4.6 Survival. Contractor/Service Provider’s obligations under this Section 4 shall survive the termination of this Agreement. 5. FINANCIAL INTERESTS OF CONTRACTOR/SERVICE PROVIDER. 5.1 Form 700 Filing. The California Political Reform Act and the Chula Vista Conflict of Interest Code require certain government officials and Contractor/Service Providers 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, Contractor/Service Page 611 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 7 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 Provider 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 Contractor/Service Provider is required to file a Form 700, Contractor/Service Provider warrants and represents that it has disclosed to City any economic interests held by Contractor/Service Provider, 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. Contractor/Service Provider 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 Contractor/Service Provider, to solicit or secure this Agreement. Further, Contractor/Service Provider 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 Contractor/Service Provider, any fee, commission, percentage, brokerage fee, gift or other consideration contingent upon or resulting from the award or making of this Agreement. Contractor/Service Provider 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 Contractor/Service Provider or Contractor/Service Provider’s subcontractors. Contractor/Service Provider further agrees to notify City in the event any such interest is discovered whether 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. 5.3 Levine Act. California Government Code section 84308, commonly known as the Levine Act, prohibits public agency officers from participating in any action related to a contract if such officer receives political contributions totaling more than $250 within the previous twelve months, and for twelve months following the date a final decision concerning the contract has been made, from the person or company awarded the contract. The Levine Act also requires disclosure of such contribution by a party to be awarded a specific contract. In order to assure compliance with these requirements, Contractor/Service Provider shall comply with the disclosure requirements identified in the attached Exhibit D, incorporated into the Agreement by this reference. 6. REMEDIES 6.1 Termination for Cause. If for any reason whatsoever Contractor/Service Provider shall fail to perform the Required Services under this Agreement, in a proper or timely manner, or if Contractor/Service Provider shall violate any of the other covenants, agreements or conditions of this Agreement (each a “Default”), in addition to any 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 notic e to Contractor/Service Provider. Such notice shall identify the Default and the Agreement termination date. If Contractor/Service Provider 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 may grant Contractor/Service Provider 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, Contractor/Service Provider shall immediately provide City any and all ”Work Product” (defined in Section 7 below) prepared by Contractor/Service Provider as part of the Required Services. Such Work Product shall be City’s sole and exclusive property as provided in Sect ion 7 hereof. Contractor/Service Provider may be entitled to compensation for work satisfactorily performed prior to Contractor/Service Provider’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. Page 612 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 8 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 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 Contractor/Service Provider of such termination or suspension at least fifteen (15) days prior to the effective date thereof. Upon receipt of such notice, Contractor/Service Provider 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. Contractor/Service Provider 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, Contractor/Service Provider 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, Contractor/Service Provider 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. Contractor/Service Provider agrees that it is subject to personal jurisdiction in California. If Contractor/Service Provider is a foreign corporation, limited liability company, or partnership that is not registered with the California Secretary of State, Contractor/Service Provider irrevocably consents to service of process on Contractor/Service Provider 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 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 Contractor/Service Provider 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 Contractor/Service Provider, 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, Contractor/Service Provider shall make Page 613 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 9 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 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 Contractor/Service Provider’s unique qualifications and traits. Contractor/Service Provider 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 Contractor/Service Provider warrants and represents that they have the authority to execute same on behalf of Contractor/Service Provider and to bind Contractor/Service Provider to its obligations hereunder without any further action or direction from Contractor/Service Provider 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, warrant ies 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, Contractor/Service Provider 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-Contractor/Service Providers. 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. Contractor/Service Provider 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 Contractor/Service Provider or any of Contractor/Service Provider’s officers, employees, or agents (“Contractor/Service Provider Related Individuals”), except as set forth in this Agreement. No Contractor/Service Provider Related Individuals shall be deemed employees of City, and none of them shall be entitled to any benefits to which City employees are entitled, 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 Contractor/Service Provider Related Individuals; instead, Contractor/Service Provider shall be solely responsible for the payment of same and shall hold the City harmless with respect to same. Contractor/Service Provider shall not at any time or in any manner represent that it or any of its Contractor/Service Provider Related Individuals are employees or agents of City. Contractor/Service Provider Page 614 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 10 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 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 615 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 11 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 SIGNATURE PAGE CONTRACTOR/SERVICE PROVIDER SERVICES AGREEMENT IN WITNESS WHEREOF, by executing this Agreement where indicated below, City and Contractor/Service Provider 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. MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC CITY OF CHULA VISTA BY:________________________________ BY: ________________________________ JEANNE MCALISTER MARIA V. KACHADOORIAN FOUNDER AND CEO CITY MANAGER APPROVED AS TO FORM BY: _______________________________ Jill D.S. Maland Lounsbery Ferguson Altona & Peak Acting City Attorney Page 616 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 12 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 EXHIBIT A SCOPE OF WORK AND PAYMENT TERMS 1. Contact People for Contract Administration and Legal Notice A. City Contract Administration: Angelica Davis, Homeless Solutions Manager 276 4th Avenue, Bldg. C, Chula Vista, CA 91910 619-691-5036 adavis@chulavistaca.gov 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. Contractor/Service Provider Contract Administration: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Marisa Varond 1400 North Johnson Avenue, Suite 101, El Cajon, CA 92020 Marisa.Varond@mcalisterinc.org For Legal Notice Copy to: Jeanne McAlister 1400 North Johnson Avenue, Suite 101, El Cajon, CA 92020 Jeanne@mcalisterinc.org 2. Required Services A. General Description: Contractor will provide job training and reentry opportunities. B. Detailed Description: Contractor will provide job training and reentry opportunities to up to 25 people in public spaces including the Chula Vista Animal Care Facility. The Work for Hope program fills gaps in self-sufficiency and promotes long- term recovery by giving individuals who are experiencing homelessness with 12 hours of paid work training and experience weekly, with stipends covered by this contract. Salary expenses will be compensated related to case management and referral services are provided to link participants to permanent employment and housing, along with pertinent training, including painting techniques for painting indoor and outdoor spaces, as well as cleaning methods. 3. Term: In accordance with Section 1.10 of this Agreement, the term of this Agreement shall begin February 13, 2024 and end on May 12, 2025 for completion of all Required Services. Page 617 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 13 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 4. Compensation: SELECT ONE OF THE FOLLOWING OPTIONS THEN DELETE ANY OPTION THAT IS NOT APPLICABLE, AS WELL AS THESE INSTRUCTIONS A. Form of Compensation ☒ Single Fixed Fee. For performance of all of the Required Services by Contractor/Service Provider as herein required, City shall pay a single fixed fee of $150,000, 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 Contractor/Service Provider for services performed through May 12, 2025 shall not exceed $150,000. 5. Special Provisions: CHECK ANY THAT APPLY OR SELECT “NONE,” AND DELETE ALL INSTRUCTIONS. ☐ Permitted Sub-Contractor/Service Providers: None ☐ Security for Performance: Not Applicable ☒ Notwithstanding the completion date set forth in Section 3 above, City has option to extend this Agreement for two additional terms, defined as a one-year increment or for up to $130,000 each. 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 Contractor/Service Provider of the City’s election to exercise the extension via the Notice of Exercise of Option to Extend document. Such notice shall be provided at least 30 days prior to the expiration of the term. ☐ None Page 618 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 14 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 EXHIBIT B INSURANCE REQUIREMENTS Contractor/Service Provider 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 Other Negotiated Insurance Terms: NONE Page 619 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 15 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 EXHIBIT C CONTRACTOR/SERVICE PROVIDER 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 Contractor/Service Providers, 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, Contractor/Service Providers designated to file the Form 700 are also required to comply with certain ethics training requirements.3 ☒ A. Contractor/Service Provider IS a corporation or limited liability company and is therefore EXCLUDED4 from disclosure. ☐ B. Contractor/Service Provider is 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 Enter Name of Each Individual Who Will Be Providing Service Under the Contract – If individuals have different disclosure requirements, duplicate this row and complete separately for each individual Enter email address(es) ☐ A. Full Disclosure ☐ B. Limited Disclosure (select one or more of the categories under which the Contractor 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 “Contractor/Service Provider,” 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 Cl erk 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 Contractor/Service Provider will provide. Notwithstanding this designation or anything in the Agreement, the Contractor/Service Provider is ultimately responsible for complying with FPPC regulations and filing requirements. 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 Contractor’s requirement to comply with the disclosure requirements set forth in the Code. 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 620 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 16 City of Chula Vista Agreement No.: 2023-252 Service Provider Name: MCALISTER INSTITUTE FOR TREATMENT & EDUCATION, INC Rev. 1/23/2024 Completed by: Angelica Davis, Homeless Solutions Manager EXHIBIT D CONSULTANT LEVINE ACT DISCLOSURE California Government Code section 84308, commonly referred to as the Levine Act, prohibits any City of Chula Vista Officer5 (“Officer”) from taking part in decisions related to a contract if the Officer received a political contribution totaling more than $250 within the previous twelve months, and for twelve months following the date a final decision concerning the contract has been made, from the person or company awarded the contract. The Levine Act also requires disclosure of such contribution by a party to be awarded a specific contract. The Levine Act does not apply to competitively bid, labor, or personal employment contracts. ☐ A. The Levine Act (Govt. Code §84308) DOES NOT apply to this Agreement. ☐ B. The Levine Act (Govt. Code §84308) does apply to this Agreement and the required disclosure is as follows: Current Officers can be located on the City of Chula Vista’s websites below:  Mayor & Council - https://www.chulavistaca.gov/departments/mayor-council  City Attorney - https://www.chulavistaca.gov/departments/city-attorney/about-us  Planning Commissioners – www.chulavistaca.gov/pc  Candidate for Elected Office – www.chulavistaca.gov/elections 1. Have you or your company, or any agent on behalf of you or your company, made political contributions totaling more than $250 to any Officer in the 12 months preceding the date you submitted your proposal, the date you completed this form, or the anticipated date of any Council action related to this Agreement? YES: ☐ If yes, which Officer(s): Click or tap here to enter text. NO: ☐ 2. Do you or your company, or any agent on behalf of you or your company, anticipate or plan to make political contributions totaling more than $250 to any Officer in the 12 months following the finalization of this Agreement or any Council action related to this Agreement? YES: ☐ If yes, which Officer(s): Click or tap here to enter text. NO: ☐ Answering yes to either question above may not preclude the City of Chula Vista from entering into or taking any subsequent action related to the Agreement. However, it may preclude the identified Officer(s) from participating in any actions related to the Agreement. 5 “Officer” means any elected or appointed officer of an agency, any alternate to an elected or appointed officer of an agency, and any candidate for elective office in an agency. GC § 84308 Page 621 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda v . 0 0 4 P a g e | 1 February 13, 2024 ITEM TITLE Employee Compensation and Positions: Approve Amended Classification Plan and Compensation Schedule; Position Counts; Revised Compensation Schedule; and Updated Conflict of Interest Code Report Number: 24-0010 Location: No specific geographic location Department: Human Resources G.C. § 84308: No 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 resolutions: (A) Amending the Classification Plan and Compensation Schedule to reflect (1) the addition and deletion of position titles and (2) salary adjustments for certain positions and amending the authorized position count in departments; (B) Approving the revised Fiscal Year 2023-2024 Compensation Schedule effective February 9, 2024, as required by the California Code of Regulations, Title 2, Section 570.5; (C) Amending the fiscal year 2023-24 budget; and (D) Modifying the appendix to the local Conflict of Interest Code to revise the list of designated employees who are required to file Statements of Economic Interest (Form 700); and place an ordinance on first reading amending Chula Vista Municipal Code Section 2.05.010 adding the unclassified position titles of Deputy Director of Animal Services and Deputy Director of Development Services. (First Reading); (4/5 Vote Required) SUMMARY In an effort to address the needs of various departments and the City's workforce, the Human Resources Department, in conjunction with the affected departments, is proposing (1) the addition and deletion of certain classifications and positions and (2) salary adjustments for certain positions which necessitate amendments to the City’s Compensation Schedule and Classification Plan. Staff is also recommending approval of: (1) the revised Fiscal Year 2023-2024 Compensation Schedules effective February 9, 2024, as required by the California Code of Regulations, Title 2, Section 570.5; (2) an Page 622 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 2 update to the list of designated filers who are required to file periodic Statements of Economic Interests (Form 700), and (3) adoption of an ordinance amending Chula Vista Municipal Code Section 2.05.010 relating to unclassified positions. 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. BOARD/COMMISSION/COMMITTEE RECOMMENDATION Not applicable. DISCUSSION Classification Plan and Compensation Schedule In an effort to address the needs of various departments and the City's workforce, the Human Resources Department, in conjunction with the affected departments, is proposing certain position changes, with corresponding updates to the Classification Plan, Compensation Schedule, and authorized departmental position counts. A total of 3.0 full-time equivalent are being added, Deputy Director of Development Services, Real Property Manager and Equipment Mechanic, with the remainder of the changes being reclassifications of current positions. This action will also separate Community Services into two departments, Library Services and Parks and Recreation. The following identifies the affected positions and proposed changes. Department Position Title FTE General Fund Animal Care Facility Animal Care Facility Manager -1.00 Deputy Director of Animal Services 1.00 Parks & Recreation Director of Community Services -1.00 Deputy Director of Community Services -1.00 Director of Parks & Recreation 1.00 Assistant Director of Parks & Recreation 1.00 Library Deputy Director of Community Services -1.00 Director of Library Services 1.00 Development Services Deputy Director of Development Services 1.00 Senior Planning Technician -1.00 Engineering Senior Management Analyst -1.00 Administrative Services Manager -1.00 Principal Management Analyst 1.00 Finance Senior Management Analyst 1.00 Page 623 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 3 Department Position Title FTE Human Resources Senior Human Resources Analyst -1.00 Principal Human Resources Analyst 1.00 Public Works Real Property Manager 1.00 General Fund Total 1.00 Development Services Fund (DSF) Development Services Senior Engineering Technician -1.00 Development Services Technician III 2.00 DSF Total 1.00 Fleet Fund Public Works Equipment Mechanic 1.00 Fleet Fund Total 1.00 All Funds Total 3.00 Summary of New and Updated Classifications Position Title Employee Group Bi-Weekly E Step Salary Deputy Director of Animal Services Senior Management $5,801.97 Deputy Director of Development Services Senior Management $7,330.34 Assistant Director of Parks & Recreation Senior Management $6,475.04 Deputy City Clerk I Confidential, Unclassified $3,194.48 Deputy City Clerk II Confidential, Unclassified $3,513.93 Director of Animal Services Executive Management $8,167.43 Director of Library Services Executive Management $8,167.43 Director of Parks & Recreation Executive Management $8,167.43 FA Director of SD LECC* Senior Management $7,135.85 FA Deputy Executive Director* Senior Management $6,369.99 FA IVDC-LECC Executive Director* Senior Management $6,193.88 FA Finance Manager* Mid-Management, Unclassified $5,888.97 Principal Human Resources Analyst Mid-Management, Confidential $4,881.16 Records Manager Mid-Management $4,041.02 Real Property Manager Mid-Management, Unclassified $5,193.69 * The salary adjustments for these four positions are retroactive to January 1, 2024, which is the effective date of the Fede ral General Schedule Salary Table, to which these salaries are tied. Page 624 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 4 Compensation Schedule Requirement California Code of Regulations, Title 2, 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 certain requirements, including approval by the City’s governing body in accordance with the requirements of applicable public meeting laws. The revised Fiscal Year 2023-2024 Compensation Schedule ("Compensation Schedule") was last approved by the City Council at their meeting on January 9, 2024. Adoption of Resolution B will approve the revised Fiscal Year 2023-2024 Compensation Schedule effective February 9, 2024, reflecting the addition of the Assistant Director of Parks and Recreation, Deputy Director of Animal Services, Deputy Director of Development Services, Director of Library Services, Director of Parks and Recreation, Principal Human Resources Analyst and Real Property Manager position titles; the deletion of the Director of Community Services and Deputy Director of Community Services; the adjusted salaries for the Director of Animal Services, FA Director of SD LECC, FA Deputy Executive Director, FA IVDC-LECC Executive Director, FA Finance Manager and Records Manager position titles; and the adjusted salaries and employee group for the Deputy City Clerk I and Deputy City Clerk II position titles. The Compensation Schedule reflecting these revisions is Attachment 1 to this staff report. Conflict of Interest Code Updates The City Clerk and City Attorney have reviewed the position changes and recommend that the appendix to the Conflict of Interest Code (Attachment 2) be updated to designate the appropriate positions as Form 700 filers and as “designated employees” for purposes of AB 1234, requiring them to participate in mandatory ethics training. Approval of Resolution F will make the appropriate updates to the appendix to the Conflict of Interest Code. Additional changes were made to the Conflict of Interest Code to update recent changes to Boards and Commissions and other filers. The redlined version of the changes is attached to this item as Attachment 3. 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(D) requires that all management level unclassified positions not mentioned specifically in Charter Section 500(D) be adopted by ordinance. Adoption of the Ordinance will add the position titles of Deputy Director of Animal Services and Deputy Director of Development Services, as required by Municipal Code Section 2.05.010. DECISION-MAKER CONFLICT Staff has determined that the action contemplated by this item is ministerial, secretarial, manual, or clerical in nature and, as such, does not require the City Council members to make or participate in making a governmental decision, pursuant to California Code of Regulations Title 2, section 18702.4(a). Consequently, this item does not present a conflict 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 625 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 5 CURRENT-YEAR FISCAL IMPACT The current-year General Fund fiscal impact for the updated classifications and salary ranges is estimated to total approximately $143,048, which will be offset in full by unanticipated Sales Tax revenues. Staff is requesting the proposed budgetary adjustments reflected in the table below: GENERAL FUND Department Personnel Services Revenues Net Impact Animal Care $ 1,754 $ 1,754 City Clerk 11,176 11,176 Development Services 46,745 46,745 Engineering (45,673) (45,673) Finance 43,755 43,755 Human Resources 6,607 6,607 Library 18,114 18,114 Non-Departmental - (143,048) (143,048) Public Works 60,568 60,568 Total Estimated Cost for All Funds $ 143,048 $ (143,048) $ - The Development Services Fund estimated impact of $30,998 is anticipated to be offset by salary savings within the fund. However, the estimated $36,019 in the Fleet Fund will be offset by Transfer In revenue from the Measure A Fund, and $19,949 in the Police Grants Section of the Federal Grants fund will be offset by additional grant revenue through reimbursements. OTHER FUNDS Fund/Department Personnel Services Transfer Out Revenues Net Impact Development Services Fund $ 30,998 $ - $ - $ 30,998 Fleet Fund 36,019 - (36,019) - Federal Grants Fund 19,949 - (19,949) - Measure A Fund - 36,019 - 36,019 Total Estimated Cost for All Funds $ 86,966 $ 36,019 $ (55,967) $ 67,017 ONGOING FISCAL IMPACT The projected fiscal impact for fiscal year 2024-25 is estimated to total $614,750. The net fiscal impact to the General Fund of $417,148, and other funds of $197,602 will be incorporated into the fiscal year 2024-25 budget development process. The projected fiscal year 2024-25 new fiscal impact is reflected in the table below: Page 626 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 6 Fund Personnel Services Transfer Out Revenues Net Impact General Fund $ 417,148 $ - $ - $ 417,148 Development Services Fund 91,315 - - 91,315 Fleet Fund 106,287 - (106,287) - Federal Grants Fund (Police) 41,093 - (41,093) - Measure A Fund - 106,287 - 106,287 Total Estimated Cost for All Funds $ 655,844 $ 106,287 $ 147,380) $ 614,750 ATTACHMENTS 1. Revised Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 2. Revised Appendix to the Conflict of Interest Code 3. Revised Appendix to the Conflict of Interest Code (redlined version) Staff Contact: Tanya Tomlinson, Director of Human Resources/Risk Management Page 627 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AMENDING THE CLASSIFICATION PLAN AND COMPENSATION SCHEDULE TO (1) REFLECT THE ADDITION AND DELETION OF POSITION TITLES AND (2) SALARY ADJUSTMENTS FOR CERTAIN CLASSIFICATIONS AND AMENDING THE AUTHORIZED POSITION COUNT IN VARIOUS DEPARTMENTS WHEREAS, Civil Service Rule 1.02.A., which applies to the City’s classified positions, provides for necessary reviews and changes so that the City’s Classification Plan is kept current, and that changes in existing classes, the establishment of new classes, and the abolition of classes are properly reflected in the Classification Plan; and WHEREAS, in an effort to address the needs of various departments and the City's workforce, the Human Resources Department, in conjunction with the affected departments, is proposing the addition and deletion of position titles and salary adjustments for certain positions which necessitate amendments to the City’s Compensation Schedule, Classification Plan and departmental position counts; and WHEREAS, a summary of updated classifications and the E-Step salaries are as follows: Position Title Employee Group Bi-Weekly E Step Salary Deputy Director of Animal Services Senior Management $5,801.97 Deputy Director of Development Services Senior Management $7,330.34 Assistant Director of Parks & Recreation Senior Management $6,475.04 Deputy City Clerk I Confidential, Unclassified $3,194.48 Deputy City Clerk II Confidential, Unclassified $3,513.93 Director of Animal Services Executive Management $8,167.43 Director of Library Services Executive Management $8,167.43 Director of Parks & Recreation Executive Management $8,167.43 FA Director of SD LECC* Senior Management $7,135.85 FA Deputy Executive Director* Senior Management $6,369.99 FA IVDC-LECC Executive Director* Senior Management $6,193.88 FA Finance Manager* Mid-Management, Unclassified $5,888.97 Principal Human Resources Analyst Mid-Management, Confidential $4,881.16 Records Manager Mid-Management $4,041.02 Real Property Manager Mid-Management, Unclassified $5,193.69 * The salary adjustments for these four positions are retroactive to January 1, 2024, which is the effective date of the Federal General Schedule Salary Table, to which these salaries are tied. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it approves amendments to the Compensation Schedule and Classification Plan to reflect the changes described above. Page 628 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda BE IT FURTHER RESOLVED by the City Council of the City of Chula Vista, that it approves the following changes to the Fiscal Year 2023-24 authorized departmental position counts: Department Position Title FTE General Fund Animal Care Facility Animal Care Facility Manager -1.00 Deputy Director of Animal Services 1.00 Parks & Recreation Director of Community Services -1.00 Deputy Director of Community Services -1.00 Director of Parks & Recreation 1.00 Assistant Director of Parks & Recreation 1.00 Library Deputy Director of Community Services -1.00 Director of Library Services 1.00 Development Services Deputy Director of Development Services 1.00 Senior Planning Technician -1.00 Engineering Senior Management Analyst -1.00 Administrative Services Manager -1.00 Principal Management Analyst 1.00 Finance Senior Management Analyst 1.00 Human Resources Senior Human Resources Analyst -1.00 Principal Human Resources Analyst 1.00 Public Works Real Property Manager 1.00 General Fund Total 1.00 Development Services Fund (DSF) Development Services Senior Engineering Technician -1.00 Development Services Technician III 2.00 DSF Total 1.00 Fleet Fund Public Works Equipment Mechanic 1.00 Fleet Fund Total 1.00 All Funds Total 3.00 Presented by Approved as to form by Tanya Tomlinson Jill D.S. Maland Director of Human Resources/Risk Management Lounsbery Ferguson Altona & Peak Acting City Attorney Page 629 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE REVISED FISCAL YEAR 2023-24 COMPENSATION SCHEDULE EFFECTIVE FEBRUARY 9, 2024, AS REQUIRED BY CALIFORNIA CODE OF REGULATIONS, TITLE 2, SECTION 570.5 WHEREAS, California Code of Regulations, Title 2, 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 certain requirements, including approval by the City’s governing body in accordance with the requirements of applicable public meeting laws; and WHEREAS, the Fiscal Year 2023-24 Compensation Schedule ("Compensation Schedule") was approved by the City Council at their meeting on January 9, 2024, and WHEREAS, any changes including but not limited to, across-the-board increases, classification changes and salary adjustments, approved subsequent to the date of approval, must be reflected on a revised Compensation Schedule and submitted to the City Council for approval; and WHEREAS, City staff has recommended the addition of the Assistant Director of Parks and Recreation, Deputy Director of Animal Services, Deputy Director of Development Services, Director of Library Services, Director of Parks and Recreation, Principal Human Resources Analyst and Real Property Manager position titles; the deletion of the Director of Community Services and Deputy Director of Community Services; the adjusted salaries for the Director of Animal Services, FA Director of SD LECC, FA Deputy Executive Director, FA IVDC-LECC Executive Director, FA Finance Manager and Records Manager position titles; and the adjusted salaries and employee group for the Deputy City Clerk I and Deputy City Clerk II position titles . NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it hereby does adopt, as required by California Code of Regulations Title 2, Section 570.5, the revised Fiscal Year 2023-24 Compensation Schedule effective February 9, 2024, in the form presented, a copy of which is available in the City Clerk’s Office, that reflects the addition of the Assistant Director of Parks and Recreation, Deputy Director of Animal Services, Deputy Director of Development Services, Director of Library S ervices, Director of Parks and Recreation, Principal Human Resources Analyst and Real Property Manager position titles; the deletion of the Director of Community Services and Deputy Director of Community Services; the adjusted salaries for the Director of Animal Services, FA Director of SD LECC, FA Deputy Executive Director, FA IVDC- LECC Executive Director, FA Finance Manager and Records Manager position titles; and the adjusted salaries and employee group for the Deputy City Clerk I and Deputy City Clerk II position titles. Presented by Approved as to form by Tanya Tomlinson Jill D.S. Maland Director of Human Resources/Risk Management Lounsbery Ferguson Altona & Peak Acting City Attorney Page 630 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA MAKING VARIOUS AMENDMENTS TO THE FISCAL YEAR 2023/24 BUDGET AND APPROPRIATING FUNDS THEREFOR WHEREAS, the City Charter states that at any meeting after the adoption of the budget, the City Council may amend or supplement the budget by a motion adopted by the affirmative votes of at least four members; and WHEREAS, staff is recommending $143,048 in expense appropriations and increase revenues by $143,048 in the General Fund to Personnel Services, resulting in no net impact; and WHEREAS, staff is recommending $36,019 in expense appropriations and increase revenues by $36,019 in the Fleet Fund to Personnel Services, resulting in no net impact; and WHEREAS, staff is recommending $19,949 in expense appropriations and increase revenues by $19,949 in the Police Grants Section of the Federal Grants Fund to Personnel Services, resulting in no net impact; and WHEREAS, staff is recommending $36,019 in expense appropriations in the Measure A Fund to Transfer Out category, resulting in a negative impact of $36,019; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it hereby amends the fiscal year 2023-24 budget and approves the following appropriations: Summary of All Fund Appropriations GENERAL FUND Department Personnel Services Revenues Net Impact Animal Care $ 1,754 $ 1,754 City Clerk 11,176 11,176 Development Services 46,745 46,745 Engineering (45,673) (45,673) Finance 43,755 43,755 Human Resources 6,607 6,607 Library 18,114 18,114 Non-Departmental - (143,048) (152,430) Public Works 60,568 60,568 Total Estimated Cost for All Funds $ 143,048 $ (143,048) $ - Page 631 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda OTHER FUNDS Fund/Department Personnel Services Transfer Out Revenues Net Impact Fleet Fund $ 36,019 $ - $ (36,019) $ - Federal Grants Fund 19,949 - (19,949) - Measure A Fund - 36,019 - 36,019 Total Estimated Cost for All Funds $ 55,967 $ 36,019 $ (55,967) $ 36,019 Presented by Approved as to form by Tanya Tomlinson Jill D.S. Maland Director of Human Resources/Risk Lounsbery Ferguson Altona & Peak Management Acting City Attorney Page 632 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Form Rev 2/13/2024 RESOLUTION NO. __________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA MODIFYING THE APPENDIX TO THE LOCAL CONFLICT OF INTEREST CODE TO AMEND THE LIST OF DESIGNATED FILERS, AND ASSOCIATED DISCLOSURE CATEGORIES WHEREAS, the Political Reform Act (California Government Code sections 87100 through 91014), requires certain officials and candidates to file Statements of Economic Interests (Form 700) and requires local government agencies to adopt and promulgate conflict of interest codes; and WHEREAS, the City Council adopted Ordinance No. 2807, adopting by reference the standardized conflict of interest code contained in Title 2 of the California Code of Regulations, section 18730, and any amendments thereto that are adopted by the Fair Political Practices Commission; and WHEREAS, the ordinance requires that the City Council set forth by resolution the officials and designated employees who are required to file statements of economic interests and the disclosure categories under which each such official and designated employee shall file; and WHEREAS, the Political Reform Act requires every local agency to review its Conflict of Interest Code periodically to determine if amendments are necessary; and WHEREAS, the City Attorney and the Cit y Clerk have reviewed the Code and its appendix, consulted with Department Directors and determined that amendments to the appendix of the Code are necessary; and WHEREAS, the City Council desires that all City employees who are required to file Form 700 under the City’s Conflict of Interest Code be designated as Local Agency Officials, as defined in Government Code §53234(c)(2), thereby requiring them to participate in the ethics training mandated by AB 1234; and WHEREAS, the list of officials, candidates, and designated employees (“designated filers”) of the City of Chula Vista who are required to file periodic statements of economic interests, and the disclosure categories under which each such official, candidate, or designated employee is required to file, was presented to the City Council and is attached hereto as Exhibit 1 and made a part of this resolution. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it hereby modifies the appendix to the local Conflict of Interest Code to amend the list of designated filers and associated disclosure categories, in the form presented and as reflected in Exhibit 1 to this resolution, 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. Page 633 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Resolution No. Page 2 Presented by Approved as to form by Kerry K. Bigelow, MMC Jill D.S. Maland City Clerk Lounsbery Ferguson Altona & Peak Acting City Attorney Page 634 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda ORDINANCE OF THE CITY OF CHULA VISTA AMENDING CHULA VISTA MUNICIPAL CODE SECTION 2.05.010 ADDING THE UNCLASSIFIED POSITION TITLES OF ASSISTANT DIRECTOR OF PARKS AND RECREATION, DEPUTY DIRECTOR OF ANIMAL SERVICES AND DEPUTY DIRECTOR OF DEVELOPMENT SERVICES (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 Deputy Director of Animal Services and Deputy Director of Development Services positions, given its duties and responsibilities, is an unclassified management position, within the meaning of Charter Section 701; and WHEREAS, Chula Vista City Charter Section 500(D) 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 Administrator, 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 Parks and Recreation, 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, Code Enforcement Manager, Communications Manager, Constituent Services Manager, Deputy City Manager, Deputy Fire Chief, Deputy Director of Animal Services, Deputy Director of Community Services, Deputy Director of Development Services, 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 IVDC-LECC Executive Director, FA Law Enforcement Coordination Center Information Technology Manager, FA Intelligence Analyst, FA Management Assistant, FA Microcomputer Specialist, FA Network Page 635 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Ordinance No. Page No. 2 Administrator I, FA Network Administrator II, FA Network Administrator III, FA Program Analyst, FA Program Assistant Supervisor, FA Program 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), 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 th is 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 Tanya Tomlinson Jill D.S. Maland Director of Human Resources/Risk Management Lounsbery Ferguson Altona & Peak Acting City Attorney Page 636 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 1 of 71 3633 CONF ACCOUNTANT 0 31.20 2,496.34 1 32.76 2,621.16 2 34.40 2,752.21 3 36.12 2,889.83 4 37.93 3,034.32 3641 ACE ACCOUNTING ASSISTANT 0 23.10 1,848.05 1 24.26 1,940.45 2 25.47 2,037.49 3 26.74 2,139.34 4 28.08 2,246.31 3643 CONF ACCOUNTING TECHNICIAN 0 26.83 2,146.08 1 28.17 2,253.38 2 29.58 2,366.04 3 31.05 2,484.35 4 32.61 2,608.57 3675 ACE ACCOUNTING TECHNICIAN 0 26.83 2,146.08 1 28.17 2,253.38 2 29.58 2,366.04 3 31.05 2,484.35 4 32.61 2,608.57 3677 ACE ACCOUNTING TECHNICIAN II (T) 0 29.22 2,337.78 1 30.68 2,454.67 2 32.22 2,577.40 3 33.83 2,706.27 4 35.52 2,841.58 3645 ACE ACCOUNTS PAYABLE SUPERVISOR 0 33.61 2,688.43 1 35.29 2,822.87 2 37.05 2,964.01 3 38.90 3,112.21 4 40.85 3,267.80 0149 CONF ADMINISTRATIVE SECRETARY 0 28.55 2,283.77 1 29.97 2,397.96 2 31.47 2,517.85 3 33.05 2,643.74 4 34.70 2,775.93 Page 637 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 2 of 71 0179 ACE ADMINISTRATIVE SECRETARY 0 28.55 2,283.77 1 29.97 2,397.96 2 31.47 2,517.85 3 33.05 2,643.74 4 34.70 2,775.93 0154 CONF ADMINISTRATIVE SECRETARY-MAYOR 0 28.55 2,283.77 1 29.97 2,397.96 2 31.47 2,517.85 3 33.05 2,643.74 4 34.70 2,775.93 0215 SM ADMINISTRATIVE SERVICES MGR 0 51.21 4,096.73 1 -- -- 2 -- -- 3 -- -- 4 62.25 4,979.60 0181 ACE ADMINISTRATIVE TECHNICIAN 0 28.55 2,283.77 1 29.97 2,397.96 2 31.47 2,517.85 3 33.05 2,643.74 4 34.70 2,775.93 5316 UCHR ANIMAL CARE AIDE 0 16.54 -- 1 17.37 -- 2 18.24 -- 3 19.15 -- 4 20.11 -- 5317 ACE ANIMAL CARE FACILITY SUPV 0 33.08 2,646.18 1 34.73 2,778.50 2 36.47 2,917.41 3 38.29 3,063.29 4 40.21 3,216.45 5343 ACE ANIMAL CARE SPECIALIST 0 20.71 1,657.08 1 21.75 1,739.93 2 22.84 1,826.92 3 23.98 1,918.28 4 25.18 2,014.19 Page 638 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 3 of 71 5344 UCHR ANIMAL CARE SPECIALIST 0 20.71 -- 1 21.75 -- 2 22.84 -- 3 23.98 -- 4 25.18 -- 5319 ACE ANIMAL CARE SUPERVISOR 0 28.76 2,301.03 1 30.20 2,416.08 2 31.71 2,536.89 3 33.30 2,663.74 4 34.96 2,796.91 5303 ACE ANIMAL CONTROL OFFICER 0 24.86 1,988.48 1 26.10 2,087.90 2 27.40 2,192.30 3 28.77 2,301.93 4 30.21 2,417.03 5304 ACE ANIMAL CONTROL OFFICER SUPVR 0 28.58 2,286.76 1 30.01 2,401.09 2 31.51 2,521.14 3 33.09 2,647.20 4 34.74 2,779.58 5309 ACE ANIMAL SERVICES SPECIALIST 0 22.60 1,807.72 1 23.73 1,898.10 2 24.91 1,993.01 3 26.16 2,092.67 4 27.47 2,197.29 3083 MM APPLICATIONS SUPPORT MANAGER 0 54.90 4,391.80 1 57.64 4,611.38 2 60.52 4,841.94 3 63.55 5,084.04 4 66.73 5,338.24 3088 PROF APPLICATIONS SUPPORT SPEC 0 41.79 3,343.08 1 43.88 3,510.24 2 46.07 3,685.74 3 48.38 3,870.03 4 50.79 4,063.55 Page 639 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 4 of 71 7741 ACE AQUARIST 0 25.73 2,058.39 1 27.02 2,161.27 2 28.37 2,269.34 3 29.79 2,382.82 4 31.27 2,501.96 7579 ACE AQUATIC SUPERVISOR I 0 26.66 2,132.89 1 27.99 2,239.53 2 29.39 2,351.52 3 30.86 2,469.09 4 32.41 2,592.54 7577 ACE AQUATIC SUPERVISOR II 0 29.33 2,346.18 1 30.79 2,463.49 2 32.33 2,586.66 3 33.95 2,716.00 4 35.65 2,851.80 7575 ACE AQUATIC SUPERVISOR III 0 33.73 2,698.11 1 35.41 2,833.02 2 37.18 2,974.67 3 39.04 3,123.39 4 40.99 3,279.56 5011 SM ASSISTANT CHIEF OF POLICE 0 88.31 7,065.02 1 -- -- 2 -- -- 3 -- -- 4 107.34 8,587.57 2405 SM ASSISTANT CITY ATTORNEY 0 85.62 6,849.40 1 89.90 7,191.87 2 94.39 7,551.47 3 99.11 7,929.04 4 104.07 8,325.49 2707 EXEC ASSISTANT CITY MANAGER 0 102.25 8,179.94 1 -- -- 2 -- -- 3 -- -- 4 123.51 9,880.95 Page 640 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 5 of 71 4040 SM ASSISTANT DIR OF DEVLPMNT SVCS 0 79.15 6,332.21 1 -- -- 2 87.68 7,014.54 3 92.07 7,365.26 4 96.21 7,696.86 3604 SM ASSISTANT DIR OF FINANCE 0 77.89 6,231.55 1 -- -- 2 90.13 7,21-- 3 92.70 7,416.00 4 94.04 7,523.32 3304 SM ASSISTANT DIR OF HR 0 75.88 6,070.54 1 -- -- 2 -- -- 3 -- -- 4 92.23 7,378.78 7403 SM ASSISTANT DIR OF PARKS & REC 0 66.59 5,327.03 1 -- -- 2 -- -- 3 -- -- 4 80.94 6,475.04 6322 SM ASSISTANT DIR OF PUBLIC WORKS 0 72.44 5,794.89 1 -- -- 2 -- -- 3 85.52 6,841.24 4 87.45 6,996.12 6015 WCE ASSISTANT ENGINEER 0 43.18 3,454.49 1 45.34 3,627.20 2 47.61 3,808.57 3 49.99 3,998.99 4 52.49 4,198.95 6289 WCE ASSISTANT LAND SURVEYOR 0 41.12 3,289.98 1 43.18 3,454.48 2 45.34 3,627.21 3 47.61 3,808.56 4 49.99 3,999.00 Page 641 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 6 of 71 4749 WCE ASSISTANT PLAN CHECK ENGINEER 0 40.94 3,275.12 1 42.99 3,438.88 2 45.14 3,610.82 3 47.39 3,791.36 4 49.76 3,980.93 4439 ACE ASSISTANT PLANNER 0 34.31 2,745.11 1 36.03 2,882.37 2 37.83 3,026.49 3 39.72 3,177.82 4 41.71 3,336.71 3635 CONF ASSOCIATE ACCOUNTANT 0 34.32 2,745.97 1 36.04 2,883.28 2 37.84 3,027.44 3 39.74 3,178.81 4 41.72 3,337.76 6017 WCE ASSOCIATE ENGINEER 0 49.66 3,972.66 1 52.14 4,171.29 2 54.75 4,379.86 3 57.49 4,598.84 4 60.36 4,828.79 6287 WCE ASSOCIATE LAND SURVEYOR 0 47.29 3,783.49 1 49.66 3,972.66 2 52.14 4,171.29 3 54.75 4,379.85 4 57.49 4,598.85 4747 WCE ASSOCIATE PLAN CHECK ENGINEER 0 47.08 3,766.38 1 49.43 3,954.70 2 51.91 4,152.43 3 54.50 4,360.05 4 57.23 4,578.06 4437 ACE ASSOCIATE PLANNER 0 37.75 3,019.62 1 39.63 3,170.61 2 41.61 3,329.15 3 43.69 3,495.59 4 45.88 3,670.37 Page 642 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 7 of 71 5123 ACE AUTOMATED FINGERPRINT TECH 0 22.92 1,833.22 1 24.06 1,924.88 2 25.26 2,021.14 3 26.53 2,122.19 4 27.85 2,228.30 3404 MMCF BENEFITS MANAGER 0 55.60 4,447.78 1 58.38 4,670.16 2 61.30 4,903.68 3 64.36 5,148.87 4 67.58 5,406.31 2222 SM BUDGET AND ANALYSIS MANAGER 0 65.66 5,252.42 1 -- -- 2 -- -- 3 -- -- 4 79.80 6,384.35 4769 MM BUILDING INSPECTION MANAGER 0 52.98 4,238.77 1 55.63 4,450.71 2 58.42 4,673.24 3 61.34 4,906.91 4 64.40 5,152.26 4771 ACE BUILDING INSPECTOR I 0 32.96 2,637.13 1 34.61 2,768.99 2 36.34 2,907.44 3 38.16 3,052.82 4 40.07 3,205.45 4770 UCHR BUILDING INSPECTOR I (HOURLY) 0 32.96 -- 1 34.61 -- 2 36.34 -- 3 38.16 -- 4 40.07 -- 4773 ACE BUILDING INSPECTOR II 0 36.26 2,900.85 1 38.07 3,045.90 2 39.98 3,198.18 3 41.98 3,358.12 4 44.08 3,526.01 Page 643 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 8 of 71 4774 UCHR BUILDING INSPECTOR II (HOURLY) 0 36.26 -- 1 38.07 -- 2 39.98 -- 3 41.98 -- 4 44.08 -- 4775 ACE BUILDING INSPECTOR III 0 39.89 3,190.94 1 41.88 3,350.49 2 43.98 3,518.02 3 46.17 3,693.91 4 48.48 3,878.61 4705 SM BUILDING OFFICIAL 0 68.78 5,502.26 1 -- -- 2 75.84 6,067.23 3 79.63 6,370.60 4 83.60 6,688.04 6412 PROF BUILDING PROJECT MANAGER 0 46.65 3,731.76 1 48.98 3,918.34 2 51.43 4,114.25 3 54.00 4,319.97 4 56.70 4,535.97 6402 MM BUILDING SERVICES MANAGER 0 56.03 4,482.68 1 58.84 4,706.80 2 61.78 4,942.14 3 64.87 5,189.25 4 68.11 5,448.72 6669 ACE BUILDING SERVICES SUPERVISOR 0 31.87 2,549.71 1 33.47 2,677.20 2 35.14 2,811.06 3 36.90 2,951.61 4 38.74 3,099.20 4505 ACE BUSINESS LICENSE REPRESENTATIV 0 23.10 1,848.05 1 24.26 1,940.45 2 25.47 2,037.49 3 26.74 2,139.34 4 28.08 2,246.31 Page 644 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 9 of 71 6444 ACE CARPENTER 0 28.77 2,301.23 1 30.20 2,416.28 2 31.71 2,537.10 3 33.30 2,663.95 4 34.96 2,797.16 3669 ACE CASHIER 0 19.50 1,560.04 1 20.48 1,638.04 2 21.50 1,719.95 3 22.57 1,805.94 4 23.70 1,896.24 3053 SM CHIEF INFO SEC OFFICER 0 58.85 4,708.27 1 -- -- 2 -- -- 3 -- -- 4 71.54 5,722.94 5001 EXEC CHIEF OF POLICE 0 104.34 8,347.44 1 -- -- 2 120.62 9,649.61 3 -- -- 4 126.83 10,146.41 2011 MMUC CHIEF OF STAFF 0 39.77 3,181.26 1 41.75 3,340.33 2 43.84 3,507.33 3 46.03 3,682.69 4 48.34 3,866.84 2729 SM CHIEF SUSTAINABILITY OFFICER 0 68.42 5,473.98 1 -- -- 2 -- -- 3 80.78 6,462.36 4 82.61 6,608.69 2400 CATY CITY ATTORNEY (ELECTED) 0 -- -- 1 -- -- 2 -- -- 3 -- -- 4 114.65 9,172.27 Page 645 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 10 of 71 2435 CONF CITY ATTY INVESTIGATOR 0 33.97 2,717.34 1 35.67 2,853.20 2 37.45 2,995.86 3 39.32 3,145.65 4 41.29 3,302.94 2201 CCLK CITY CLERK 0 82.08 6,566.00 1 -- -- 2 -- -- 3 -- -- 4 99.71 7,977.16 2710 CMGR CITY MANAGER 0 -- -- 1 -- -- 2 -- -- 3 -- -- 4 151.44 12,115.48 5429 ACE CIVILIAN BCKGRND INVESTIGATOR 0 28.88 2,310.51 1 30.33 2,426.03 2 31.84 2,547.33 3 33.43 2,674.71 4 35.11 2,808.44 5431 UCHR CIVILIAN POLICE INVESTIGATOR 0 25.79 -- 1 27.08 -- 2 28.43 -- 3 29.85 -- 4 31.35 -- 0241 UCHR CLERICAL AIDE 0 16.00 -- 1 16.80 -- 2 17.64 -- 3 18.52 -- 4 19.45 -- 4757 SM CODE ENFORCEMENT MANAGER 0 55.00 4,400.27 1 -- -- 2 60.64 4,851.30 3 63.67 5,093.87 4 66.86 5,348.56 Page 646 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 11 of 71 4777 ACE CODE ENFORCEMENT OFFICER I 0 28.63 2,290.64 1 30.06 2,405.18 2 31.57 2,525.43 3 33.15 2,651.70 4 34.80 2,784.29 4778 UCHR CODE ENFORCEMENT OFFICER II 0 31.50 -- 1 33.07 -- 2 34.72 -- 3 36.46 -- 4 38.28 -- 4779 ACE CODE ENFORCEMENT OFFICER II 0 31.50 2,519.70 1 33.07 2,645.70 2 34.72 2,777.98 3 36.46 2,916.88 4 38.28 3,062.73 4789 ACE CODE ENFORCEMENT TECHNICIAN 0 24.90 1,991.86 1 26.14 2,091.46 2 27.45 2,196.03 3 28.82 2,305.84 4 30.26 2,421.12 3683 MM COLLECTIONS SUPERVISOR 0 39.80 3,184.37 1 41.80 3,343.60 2 43.88 3,510.76 3 46.08 3,686.32 4 48.38 3,870.63 2799 PRUC COMM/SPECL EVENTS COORD 0 43.09 3,447.11 1 45.24 3,619.47 2 47.51 3,800.45 3 49.88 3,990.48 4 52.38 4,19-- 2781 SM COMMUNICATIONS MGR 0 62.22 4,977.74 1 -- -- 2 63.98 5,118.15 3 73.08 5,846.16 4 75.63 6,050.48 Page 647 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 12 of 71 2757 ACE COMMUNITY ENGAGEMENT SPEC 0 34.31 2,745.11 1 36.03 2,882.37 2 37.83 3,026.49 3 39.72 3,177.82 4 41.71 3,336.71 5141 ACE COMMUNITY SERVICES OFFICER 0 24.07 1,925.43 1 25.27 2,021.70 2 26.53 2,122.79 3 27.86 2,228.92 4 29.25 2,340.37 5142 UCHR COMMUNITY SERVICES OFFICER 0 24.07 -- 1 25.27 -- 2 26.53 -- 3 27.86 -- 4 29.25 -- 6201 UCHR CONSERV SPECIALIST I (HOURLY) 0 26.03 -- 1 27.33 -- 2 28.70 -- 3 30.13 -- 4 31.64 -- 6200 ACE CONSERVATION SPECIALIST I 0 26.03 2,082.39 1 27.33 2,186.53 2 28.70 2,295.87 3 30.13 2,410.63 4 31.64 2,531.17 6202 ACE CONSERVATION SPECIALIST II 0 28.63 2,290.64 1 30.06 2,405.18 2 31.57 2,525.43 3 33.15 2,651.70 4 34.80 2,784.29 6427 ACE CONSTRUCTION & REPAIR SUPV 0 40.72 3,257.50 1 42.75 3,420.37 2 44.89 3,591.39 3 47.14 3,770.96 4 49.49 3,959.52 Page 648 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 13 of 71 2023 UCHR COUNCIL ASSISTANT 0 24.60 -- 1 25.83 -- 2 27.12 -- 3 28.48 -- 4 29.90 -- 2003 CL COUNCILPERSON 0 -- -- 1 -- -- 2 -- -- 3 -- -- 4 30.27 2,421.48 5757 UCHR COVID SITE ASST 0 16.00 -- 1 16.80 -- 2 17.64 -- 3 18.52 -- 4 19.45 -- 5101 MM CRIME LABORATORY MANAGER 0 51.54 4,123.54 1 54.12 4,329.71 2 56.83 4,546.21 3 59.67 4,773.51 4 62.65 5,012.19 5143 UCBN CSO (TEMPORARY APPOINTMENT) 0 24.07 1,925.43 1 25.27 2,021.70 2 26.53 2,122.79 3 27.86 2,228.92 4 29.25 2,340.37 6667 ACE CUSTODIAL SUPERVISOR 0 26.43 2,114.23 1 27.75 2,219.95 2 29.14 2,330.95 3 30.59 2,447.50 4 32.12 2,569.88 6661 ACE CUSTODIAN 0 20.89 1,671.32 1 21.94 1,754.88 2 23.03 1,842.63 3 24.18 1,934.77 4 25.39 2,031.50 Page 649 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 14 of 71 6662 UCHR CUSTODIAN 0 20.89 -- 1 21.94 -- 2 23.03 -- 3 24.18 -- 4 25.39 -- 7191 ACE DELIVERY DRIVER 0 19.82 1,585.46 1 20.81 1,664.74 2 21.85 1,747.98 3 22.94 1,835.38 4 24.09 1,927.15 5352 SM DEP DIR OF ANIMAL SERVICES 0 59.67 4,773.30 1 -- -- 2 -- -- 3 -- -- 4 72.52 5,801.97 4043 SM DEP DIRECTOR OF DEVLPMNT SVCS 0 75.38 6,030.69 1 -- -- 2 -- -- 3 -- -- 4 91.63 7,330.34 2212 SM DEP DIRECTOR, CITY CLERK SVCS 0 45.87 3,669.64 1 48.16 3,853.12 2 50.57 4,045.77 3 53.10 4,248.06 4 55.76 4,460.47 2410 PRUC DEPUTY CITY ATTORNEY I 0 62.76 5,020.75 1 65.90 5,271.79 2 69.19 5,535.37 3 72.65 5,812.15 4 76.28 6,102.75 2408 PRUC DEPUTY CITY ATTORNEY II 0 69.04 5,522.84 1 72.49 5,798.98 2 76.11 6,088.93 3 79.92 6,393.37 4 83.91 6,713.05 Page 650 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 15 of 71 2411 SM DEPUTY CITY ATTORNEY III 0 75.94 6,075.13 1 79.74 6,378.88 2 83.72 6,697.83 3 87.91 7,032.73 4 92.30 7,384.36 2245 CONF DEPUTY CITY CLERK I 0 32.85 2,628.11 1 34.49 2,759.51 2 36.22 2,897.49 3 38.03 3,042.36 4 39.93 3,194.48 2243 CONF DEPUTY CITY CLERK II 0 36.14 2,890.92 1 37.94 3,035.46 2 39.84 3,187.24 3 41.83 3,346.60 4 43.92 3,513.93 2705 EXEC DEPUTY CITY MANAGER 0 106.62 8,529.82 1 -- -- 2 -- -- 3 -- -- 4 118.10 9,447.66 5505 SM DEPUTY FIRE CHIEF 0 76.49 6,118.97 1 -- -- 2 -- -- 3 -- -- 4 92.97 7,437.67 5130 MM DETENTION FACILITY MANAGER (T) 0 51.54 4,123.54 1 54.12 4,329.71 2 56.83 4,546.21 3 59.67 4,773.51 4 62.65 5,012.19 5137 ACE DETENTIONS OFFICER 0 28.88 2,310.51 1 30.33 2,426.03 2 31.84 2,547.33 3 33.43 2,674.71 4 35.11 2,808.44 Page 651 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 16 of 71 5135 ACE DETENTIONS SUPERVISOR 0 33.21 2,657.09 1 34.87 2,789.94 2 36.62 2,929.44 3 38.45 3,075.92 4 40.37 3,229.71 4718 PROF DEVELOPMENT AUTOMATION SPEC 0 44.67 3,573.57 1 46.90 3,752.26 2 49.25 3,939.86 3 51.71 4,136.86 4 54.30 4,343.71 4025 SM DEVELOPMENT PROJECT MGR 0 71.29 5,703.54 1 74.86 5,988.72 2 78.60 6,288.16 3 82.53 6,602.57 4 86.66 6,932.69 4547 MM DEVELOPMENT SERVICES COUNTER M 0 49.72 3,977.81 1 52.21 4,176.69 2 54.82 4,385.54 3 57.56 4,604.81 4 60.44 4,835.05 4540 UCHR DEVELOPMENT SERVICES TECH I 0 24.59 -- 1 25.82 -- 2 27.12 -- 3 28.47 -- 4 29.89 -- 4542 ACE DEVELOPMENT SERVICES TECH I 0 24.59 1,967.54 1 25.82 2,065.90 2 27.11 2,169.19 3 28.47 2,277.66 4 29.89 2,391.55 4541 ACE DEVELOPMENT SERVICES TECH II 0 27.05 2,164.28 1 28.41 2,272.49 2 29.83 2,386.12 3 31.32 2,505.43 4 32.88 2,630.69 Page 652 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 17 of 71 4544 UCHR DEVELOPMENT SERVICES TECH II 0 27.05 -- 1 28.41 -- 2 29.83 -- 3 31.32 -- 4 32.88 -- 4543 ACE DEVELOPMENT SERVICES TECH III 0 31.11 2,488.92 1 32.67 2,613.37 2 34.30 2,744.04 3 36.02 2,881.24 4 37.82 3,025.30 5249 ACE DIGITAL FORENSICS ANLYT I 0 33.84 2,707.49 1 35.54 2,842.86 2 37.31 2,985.00 3 39.18 3,134.25 4 41.14 3,290.97 5247 ACE DIGITAL FORENSICS ANLYT II 0 38.92 3,113.62 1 40.87 3,269.31 2 42.91 3,432.76 3 45.06 3,604.41 4 47.31 3,784.61 5245 ACE DIGITAL FORENSICS TECH I 0 26.75 2,140.30 1 28.09 2,247.32 2 29.50 2,359.69 3 30.97 2,477.68 4 32.52 2,601.55 5243 ACE DIGITAL FORENSICS TECH II 0 30.77 2,461.36 1 32.31 2,584.42 2 33.92 2,713.64 3 35.62 2,849.32 4 37.40 2,991.78 5350 EXEC DIR OF ANIMAL SERVICES 0 83.99 6,719.12 1 -- -- 2 -- -- 3 -- -- 4 102.09 8,167.43 Page 653 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 18 of 71 4039 EXEC DIR OF DEVELOPMENT SERVICES 0 88.30 7,064.08 1 101.02 8,081.69 2 -- -- 3 -- -- 4 107.34 8,587.57 2734 EXEC DIR OF ECONOMIC DEVELOPMENT 0 88.31 7,065.02 1 -- -- 2 -- -- 3 -- -- 4 107.34 8,587.57 6006 EXEC DIR OF ENGINEERING/CITY ENG 0 88.31 7,065.02 1 -- -- 2 -- -- 3 -- -- 4 107.34 8,587.57 3601 EXEC DIR OF FINANCE 0 88.31 7,065.02 1 -- -- 2 -- -- 3 104.56 8,364.79 4 107.34 8,587.57 4301 EXEC DIR OF HOUSING & HOMELESS SVS 0 68.43 5,474.00 1 76.72 6,137.64 2 80.56 6,444.51 3 -- -- 4 83.17 6,653.68 3300 EXEC DIR OF HUMAN RESOURCES/RISK MG 0 88.31 7,065.02 1 -- -- 2 -- -- 3 -- -- 4 107.34 8,587.57 3001 EXEC DIR OF INFO TECH SERVICES 0 83.99 6,719.12 1 -- -- 2 92.60 7,407.83 3 -- -- 4 102.09 8,167.43 Page 654 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 19 of 71 7001 EXEC DIR OF LIBRARY SERVICES 0 83.99 6,719.12 1 -- -- 2 -- -- 3 -- -- 4 102.09 8,167.43 7301 EXEC DIR OF PARKS & RECREATION 0 83.99 6,719.12 1 -- -- 2 -- -- 3 -- -- 4 102.09 8,167.43 6320 EXEC DIR OF PUBLIC WORKS 0 88.31 7,065.02 1 -- -- 2 -- -- 3 99.65 7,971.65 4 107.34 8,587.57 2720 SM ECONOMIC DEVELOPMENT MGR 0 67.87 5,429.25 1 71.26 5,700.72 2 74.82 5,985.75 3 78.56 6,285.04 4 82.49 6,599.29 2747 ACE ECONOMIC DEVELOPMENT SPEC I 0 31.45 2,516.35 1 33.03 2,642.18 2 34.68 2,774.28 3 36.41 2,912.99 4 38.23 3,058.65 2749 ACE ECONOMIC DEVELOPMENT SPEC II 0 37.75 3,019.62 1 39.63 3,170.61 2 41.61 3,329.15 3 43.69 3,495.59 4 45.88 3,670.37 6438 ACE ELECTRICIAN 0 30.79 2,463.13 1 32.33 2,586.29 2 33.95 2,715.61 3 35.64 2,851.38 4 37.42 2,993.96 Page 655 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 20 of 71 6492 ACE ELECTRONIC/EQUIPMENT INSTALLER 0 27.99 2,239.22 1 29.39 2,351.17 2 30.86 2,468.73 3 32.40 2,592.17 4 34.02 2,721.78 6475 ACE ELECTRONICS TECHNICIAN 0 33.87 2,709.45 1 35.56 2,844.92 2 37.34 2,987.18 3 39.21 3,136.53 4 41.17 3,293.34 6472 ACE ELECTRONICS TECHNICIAN SUPV 0 38.95 3,115.87 1 40.90 3,271.66 2 42.94 3,435.25 3 45.09 3,607.01 4 47.34 3,787.35 5560 SM EMERGENCY SERVICES MGR 0 51.21 4,096.74 1 -- -- 2 -- -- 3 -- -- 4 62.25 4,979.60 5557 PROF EMS EDUCATOR 0 45.27 3,621.96 1 47.54 3,803.06 2 49.92 3,993.23 3 52.41 4,192.88 4 55.03 4,402.52 5567 PROF EMS NURSE COORDINATOR 0 54.33 4,346.36 1 57.05 4,563.66 2 59.90 4,791.86 3 62.89 5,031.45 4 66.04 5,283.01 5657 NIAF EMT (NON-SAFETY) - A 0 16.69 1 17.53 2 18.40 3 19.32 4 20.29 Page 656 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 21 of 71 5659 NIAF EMT (NON-SAFETY) - C 0 26.71 1 28.04 2 29.44 3 30.92 4 32.46 5658 UCHR EMT (NON-SAFETY/HRLY) 0 16.69 -- 1 17.53 -- 2 18.40 -- 3 19.32 -- 4 20.29 -- 6081 ACE ENGINEERING TECHNICIAN I 0 28.66 2,293.16 1 30.10 2,407.82 2 31.60 2,528.21 3 33.18 2,654.63 4 34.84 2,787.37 6071 ACE ENGINEERING TECHNICIAN II 0 31.53 2,522.48 1 33.11 2,648.60 2 34.76 2,781.03 3 36.50 2,920.08 4 38.33 3,066.09 6129 ACE ENVIRONMENTAL HEALTH SPEC 0 37.91 3,032.73 1 39.80 3,184.37 2 41.79 3,343.59 3 43.88 3,510.74 4 46.08 3,686.31 6205 MM ENVIRONMENTAL SERVICES MANAGER 0 56.03 4,482.20 1 58.83 4,706.30 2 61.77 4,941.61 3 64.86 5,188.70 4 68.10 5,448.12 6207 MM ENVIRONMENTAL SUSTNBILITY MGR 0 56.03 4,482.20 1 58.83 4,706.30 2 61.77 4,941.61 3 64.86 5,188.70 4 68.10 5,448.12 Page 657 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 22 of 71 6505 MM EQUIPMENT MAINTENANCE MANAGER 0 42.54 3,403.38 1 44.67 3,573.54 2 46.90 3,752.23 3 49.25 3,939.84 4 51.71 4,136.83 6542 ACE EQUIPMENT MECHANIC 0 29.62 2,369.60 1 31.10 2,488.09 2 32.66 2,612.48 3 34.29 2,743.11 4 36.00 2,880.26 6361 ACE EQUIPMENT OPERATOR 0 30.33 2,426.77 1 31.85 2,548.11 2 33.44 2,675.51 3 35.12 2,809.28 4 36.87 2,949.74 0187 CONF EXECUTIVE SECRETARY 0 34.54 2,763.38 1 36.27 2,901.54 2 38.08 3,046.61 3 39.99 3,198.94 4 41.99 3,358.88 5270 CONF FA ACCOUNTING TECHNICIAN 0 29.22 2,337.78 1 30.68 2,454.67 2 32.22 2,577.40 3 33.83 2,706.27 4 35.52 2,841.58 5297 CONF FA ADMINSTRATIVE ANALYST I 0 32.10 2,567.72 1 33.70 2,696.13 2 35.39 2,830.90 3 37.16 2,972.46 4 39.01 3,121.08 5296 CONF FA ADMINSTRATIVE ANALYST II 0 35.31 2,824.49 1 37.07 2,965.71 2 38.93 3,114.00 3 40.87 3,269.71 4 42.91 3,433.19 Page 658 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 23 of 71 5277 CONF FA ANALYST 0 24.53 1,962.16 1 25.75 2,060.27 2 27.04 2,163.29 3 28.39 2,271.45 4 29.81 2,385.03 5455 MMUC FA CYBER SECURITY PROG MGR 0 47.94 3,834.98 1 50.33 4,026.71 2 52.85 4,228.05 3 55.49 4,439.44 4 58.27 4,661.42 5465 SM FA DEPUTY DIRECTOR OF LECC 0 52.81 4,224.87 1 55.45 4,436.12 2 58.22 4,657.93 3 61.14 4,890.81 4 64.19 5,135.37 5463 SM FA DEPUTY EXECUTIVE DIRECTOR 0 65.51 5,240.61 1 -- -- 2 -- -- 3 -- -- 4 79.62 6,369.99 5274 SM FA DIRECTOR OF SD LECC 0 73.38 5,870.68 1 -- -- 2 -- -- 3 -- -- 4 89.20 7,135.85 5286 CONF FA EXECUTIVE ASSISTANT 0 31.42 2,513.89 1 32.99 2,639.59 2 34.64 2,771.58 3 36.38 2,910.14 4 38.20 3,055.66 5461 EXEC FA EXECUTIVE DIRECTOR 0 60.19 4,815.34 1 -- -- 2 -- -- 3 -- -- 4 73.16 5,853.08 Page 659 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 24 of 71 5493 MMUC FA FINANCE MANAGER 0 60.56 4,844.87 1 63.59 5,087.11 2 66.77 5,341.47 3 70.11 5,608.54 4 73.61 5,888.97 5439 PRUC FA GEOSPATIAL INTEL ANALYST 0 45.71 3,656.96 1 48.00 3,839.82 2 50.40 4,031.81 3 52.92 4,233.40 4 55.56 4,445.07 5453 MMUC FA INFO SYSTEMS PROGRAM MGR 0 53.32 4,265.88 1 55.99 4,479.17 2 58.79 4,703.10 3 61.73 4,938.27 4 64.82 5,185.20 5485 CONF FA INTEL ANLYT 0 33.20 2,656.10 1 34.86 2,788.91 2 36.60 2,928.36 3 38.43 3,074.77 4 40.36 3,228.52 5491 SM FA IVDC-LECC EXEC DIRECTOR 0 63.70 5,095.72 1 -- -- 2 -- -- 3 -- -- 4 77.42 6,193.88 5440 MMUC FA LECC INFO TECH MANAGER 0 48.76 3,900.76 1 51.20 4,095.80 2 53.76 4,300.60 3 56.45 4,515.61 4 59.27 4,741.40 5278 CONF FA MANAGEMENT ASSISTANT 0 29.93 2,394.19 1 31.42 2,513.89 2 33.00 2,639.60 3 34.64 2,771.59 4 36.38 2,910.15 Page 660 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 25 of 71 5443 PRUC FA MICROCOMPUTER SPECIALIST 0 39.64 3,171.58 1 41.63 3,330.14 2 43.71 3,496.64 3 45.89 3,671.49 4 48.19 3,855.05 5292 PRUC FA NETWORK ADMINISTRATOR I 0 39.90 3,191.81 1 41.89 3,351.40 2 43.99 3,518.97 3 46.19 3,694.92 4 48.50 3,879.68 5294 PRUC FA NETWORK ADMINISTRATOR II 0 43.89 3,511.00 1 46.08 3,686.56 2 48.39 3,870.88 3 50.81 4,064.43 4 53.35 4,267.65 5457 PRUC FA NETWORK ADMINISTRATOR III 0 46.23 3,698.00 1 48.54 3,882.90 2 50.96 4,077.03 3 53.51 4,280.89 4 56.19 4,494.94 5444 PRUC FA PROGRAM ANALYST 0 47.30 3,783.77 1 49.66 3,972.96 2 52.15 4,171.61 3 54.75 4,380.19 4 57.49 4,599.21 5451 CONF FA PROGRAM ASSISTANT 0 23.91 1,912.51 1 25.10 2,008.13 2 26.36 2,108.55 3 27.67 2,213.99 4 29.06 2,324.67 5452 PRUC FA PROGRAM ASSISTANT SUPV 0 34.40 2,751.96 1 36.12 2,889.56 2 37.93 3,034.04 3 39.82 3,185.75 4 41.81 3,345.02 Page 661 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 26 of 71 5445 SM FA PROGRAM MANAGER 0 52.81 4,224.87 1 55.52 4,441.89 2 58.22 4,657.93 3 61.14 4,890.81 4 64.19 5,135.37 5497 MMUC FA PUBLIC-PRVT PART EXER MGR 0 49.59 3,967.22 1 52.07 4,165.58 2 54.67 4,373.84 3 57.41 4,592.55 4 60.28 4,822.18 5284 CONF FA RCFL NETWORK ENGINEER 0 38.53 3,082.34 1 40.46 3,236.45 2 42.48 3,398.28 3 44.60 3,568.19 4 46.83 3,746.59 5495 PRUC FA SENIOR FINANCIAL ANALYST 0 37.06 2,965.13 1 38.92 3,113.38 2 40.86 3,269.07 3 42.91 3,432.51 4 45.05 3,604.13 5483 PRUC FA SENIOR INTELLIGENCE ANALYST 0 39.03 3,122.58 1 40.98 3,278.73 2 43.03 3,442.66 3 45.18 3,614.79 4 47.44 3,795.52 5454 CONF FA SENIOR PROGRAM ASSISTANT 0 28.44 2,275.40 1 29.86 2,389.17 2 31.36 2,508.64 3 32.93 2,634.07 4 34.57 2,765.78 5477 CONF FA SENIOR SECRETARY 0 24.59 1,967.42 1 25.82 2,065.80 2 27.11 2,169.08 3 28.47 2,277.55 4 29.89 2,391.41 Page 662 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 27 of 71 5489 PRUC FA SUP INTEL ANALYST I 0 42.94 3,434.85 1 45.08 3,606.60 2 47.34 3,786.92 3 49.70 3,976.27 4 52.19 4,175.08 5487 PRUC FA SUP INTEL ANALYST II 0 49.38 3,950.08 1 51.84 4,147.58 2 54.44 4,354.96 3 57.16 4,572.72 4 60.02 4,801.35 4051 SM FAC FINANCE MANAGER 0 51.21 4,096.73 1 -- -- 2 -- -- 3 -- -- 4 62.25 4,979.60 6425 MM FACILITIES MANAGER 0 48.46 3,876.41 1 50.88 4,070.22 2 53.42 4,273.74 3 56.09 4,487.43 4 58.90 4,711.81 7471 ACE FIELD MAINTENANCE SPECIALIST 0 23.13 1,850.73 1 24.29 1,943.27 2 25.51 2,040.43 3 26.78 2,142.46 4 28.12 2,249.58 3623 SM FINANCE MGR 0 58.27 4,661.27 1 -- -- 2 -- -- 3 -- -- 4 70.82 5,665.80 3624 SM FINANCE MGR (CPA) 0 64.09 5,127.39 1 -- -- 2 -- -- 3 74.53 5,962.00 4 77.90 6,232.39 Page 663 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 28 of 71 5511 IAFF FIRE BATTALION CHIEF - A 0 43.29 4,848.94 1 45.46 5,091.40 2 47.73 5,345.96 3 50.12 5,613.26 4 52.62 5,893.92 5513 IAFF FIRE BATTALION CHIEF - C 0 60.61 4,848.94 1 63.64 5,091.39 2 66.82 5,345.96 3 70.17 5,613.25 4 73.67 5,893.92 5584 UCHR FIRE CAPT - C (HOURLY) 0 48.94 -- 1 51.39 -- 2 53.95 -- 3 56.65 -- 4 59.49 -- 5583 IAFF FIRE CAPTAIN - A 0 34.96 3,915.11 1 36.70 4,110.85 2 38.54 4,316.40 3 40.47 4,532.21 4 42.49 4,758.81 5582 IAFF FIRE CAPTAIN - B 0 46.61 3,915.10 1 48.94 4,110.84 2 51.39 4,316.39 3 53.95 4,532.21 4 56.65 4,758.81 5581 IAFF FIRE CAPTAIN - C 0 48.94 3,915.10 1 51.39 4,110.84 2 53.95 4,316.38 3 56.65 4,532.21 4 59.49 4,758.81 5501 EXEC FIRE CHIEF 0 95.27 7,621.81 1 -- -- 2 112.93 9,034.41 3 -- -- 4 115.80 9,263.93 Page 664 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 29 of 71 5507 MMUC FIRE DIVISION CHIEF 0 68.76 5,500.85 1 72.20 5,775.88 2 75.81 6,064.68 3 79.60 6,367.90 4 83.58 6,686.31 5603 IAFF FIRE ENGINEER - A 0 30.36 3,400.70 1 31.88 3,570.74 2 33.48 3,749.28 3 35.15 3,936.74 4 36.91 4,133.57 5601 IAFF FIRE ENGINEER - C 0 42.51 3,400.72 1 44.63 3,570.74 2 46.87 3,749.28 3 49.21 3,936.74 4 51.67 4,133.58 5536 UCHR FIRE INSPECTOR 0 35.08 -- 1 36.84 -- 2 38.68 -- 3 40.61 -- 4 42.64 -- 5530 IAFF FIRE INSPECTOR/INVESTIGATOR I 0 35.08 2,806.70 1 36.84 2,947.04 2 38.68 3,094.40 3 40.61 3,249.12 4 42.64 3,411.57 5531 IAFF FIRE INSPECTOR/INVESTIGATOR II 0 38.59 3,087.36 1 40.52 3,241.73 2 42.55 3,403.82 3 44.68 3,574.00 4 46.91 3,752.70 5555 ACE FIRE INVENTORY SPECIALIST 0 28.24 2,259.45 1 29.66 2,372.42 2 31.14 2,491.03 3 32.69 2,615.57 4 34.33 2,746.37 Page 665 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 30 of 71 5533 UCHR FIRE PREVENTION AIDE 0 15.57 -- 1 16.34 -- 2 17.16 -- 3 18.02 -- 4 18.92 -- 5528 IAFF FIRE PREVENTION ENG/INVSTGTR 0 46.55 3,723.73 1 48.87 3,909.92 2 51.32 4,105.41 3 53.88 4,310.69 4 56.58 4,526.22 5537 ACE FIRE PREVENTION SPECIALIST 0 27.05 2,164.28 1 28.41 2,272.49 2 29.83 2,386.12 3 31.32 2,505.43 4 32.96 2,637.00 5625 ACE FIRE RECRUIT 0 25.73 2,058.77 1 27.02 2,161.71 2 28.37 2,269.80 3 29.79 2,383.29 4 31.28 2,502.46 5623 IAFF FIREFIGHTER - A 0 25.18 2,820.52 1 26.44 2,961.55 2 27.76 3,109.62 3 29.15 3,265.11 4 30.61 3,428.34 5621 IAFF FIREFIGHTER - C 0 35.26 2,820.52 1 37.02 2,961.55 2 38.87 3,109.62 3 40.81 3,265.10 4 42.85 3,428.36 5613 IAFF FIREFIGHTER/PARAMEDIC - A 0 28.96 3,243.60 1 30.41 3,405.79 2 31.93 3,576.07 3 33.53 3,754.87 4 35.20 3,942.60 Page 666 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 31 of 71 5612 IAFF FIREFIGHTER/PARAMEDIC - B 0 38.61 3,243.59 1 40.55 3,405.78 2 42.57 3,576.07 3 44.70 3,754.86 4 46.94 3,942.62 5611 IAFF FIREFIGHTER/PARAMEDIC - C 0 40.55 3,243.60 1 42.57 3,405.78 2 44.70 3,576.07 3 46.94 3,754.86 4 49.28 3,942.62 0216 PRCF FISCAL AND MANAGEMENT ANALYST 0 51.59 4,127.44 1 54.17 4,333.81 2 56.88 4,550.50 3 59.73 4,778.03 4 62.71 5,016.93 3627 MMCF FISCAL DEBT MGMT ANALYST 0 51.59 4,127.44 1 54.17 4,333.81 2 56.88 4,550.50 3 59.73 4,778.03 4 62.71 5,016.93 0169 ACE FISCAL OFFICE SPECIALIST 0 21.34 1,707.28 1 22.41 1,792.65 2 23.53 1,882.27 3 24.70 1,976.37 4 25.94 2,075.20 0170 UCHR FISCAL OFFICE SPECIALIST 0 21.34 -- 1 22.41 -- 2 23.53 -- 3 24.70 -- 4 25.94 -- 3610 PROF FISCAL SERVICES ANALYST 0 51.59 4,127.44 1 54.17 4,333.81 2 56.88 4,550.50 3 59.73 4,778.03 4 62.71 5,016.93 Page 667 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 32 of 71 6513 ACE FLEET INVENTORY CONTROL SPEC 0 28.24 2,259.45 1 29.66 2,372.42 2 31.14 2,491.03 3 32.69 2,615.57 4 34.33 2,746.37 6501 MM FLEET MANAGER 0 47.26 3,780.79 1 49.62 3,969.83 2 52.10 4,168.32 3 54.71 4,376.74 4 57.44 4,595.56 6507 ACE FLEET SUPERVISOR 0 38.11 3,048.85 1 40.02 3,201.29 2 42.02 3,361.36 3 44.12 3,529.43 4 46.32 3,705.90 5114 ACE FORENSICS SPECIALIST 0 33.84 2,707.48 1 35.54 2,842.85 2 37.31 2,985.03 3 39.18 3,134.26 4 41.14 3,290.97 5759 UCHR FUELS MODULE CREWMEMBER 0 19.32 -- 1 20.29 -- 2 -- -- 3 -- -- 4 -- -- 3075 ACE GIS ANALYST 0 34.42 2,753.99 1 36.15 2,891.69 2 37.95 3,036.28 3 39.85 3,188.09 4 41.84 3,347.50 3079 MM GIS MANAGER 0 49.89 3,991.41 1 52.39 4,190.99 2 55.01 4,400.53 3 57.76 4,620.56 4 60.65 4,851.60 Page 668 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 33 of 71 3077 ACE GIS TECHNICIAN 0 29.33 2,346.61 1 30.80 2,463.94 2 32.34 2,587.13 3 33.96 2,716.49 4 35.65 2,852.32 2775 ACE GRAPHIC DESIGNER 0 30.19 2,415.33 1 31.70 2,536.09 2 33.29 2,662.89 3 34.95 2,796.05 4 36.70 2,935.83 4321 MM HOMELESS SERVICES MANAGER 0 56.03 4,482.20 1 58.83 4,706.30 2 61.77 4,941.61 3 64.86 5,188.70 4 68.10 5,448.12 4311 MM HOUSING MANAGER 0 56.03 4,482.20 1 58.83 4,706.30 2 61.77 4,941.61 3 64.86 5,188.70 4 68.10 5,448.12 3310 PRCF HUMAN RESOURCES ANALYST 0 37.96 3,036.47 1 39.85 3,188.29 2 41.85 3,347.72 3 43.94 3,515.10 4 46.14 3,690.85 3312 UCHR HUMAN RESOURCES ANALYST 0 37.96 -- 1 39.85 -- 2 41.85 -- 3 43.94 -- 4 46.14 -- 3331 SM HUMAN RESOURCES MANAGER 0 62.02 4,961.70 1 -- -- 2 -- -- 3 -- -- 4 75.38 6,030.73 Page 669 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 34 of 71 3332 UCHR HUMAN RESOURCES MANAGER 0 62.02 -- 1 -- -- 2 -- -- 3 -- -- 4 75.38 -- 3315 CONF HUMAN RESOURCES TECHNICIAN 0 27.49 2,199.08 1 28.86 2,309.04 2 30.31 2,424.49 3 31.82 2,545.71 4 33.41 2,673.00 6430 ACE HVAC TECHNICIAN 0 30.79 2,463.13 1 32.33 2,586.29 2 33.95 2,715.61 3 35.64 2,851.38 4 37.42 2,993.96 5104 SM INFO TECHNOLOGY MANAGER 0 59.61 4,768.93 1 -- -- 2 64.58 5,166.01 3 67.80 5,424.31 4 71.54 5,722.94 3033 SM INFO TECHNOLOGY PROJ MANAGER 0 58.62 4,689.88 1 -- -- 2 65.37 5,229.24 3 68.63 5,490.70 4 71.26 5,700.58 3055 PROF INFO TECHNOLOGY SEC ANALYST 0 50.03 4,002.03 1 52.53 4,202.12 2 55.15 4,412.23 3 57.91 4,632.84 4 60.81 4,864.48 3017 ACE INFO TECHNOLOGY TECHNICIAN 0 29.62 2,369.60 1 31.10 2,488.09 2 32.66 2,612.48 3 34.29 2,743.11 4 36.00 2,880.26 Page 670 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 35 of 71 3018 UCHR INFO TECHNOLOGY TECHNICIAN 0 29.62 -- 1 31.10 -- 2 32.66 -- 3 34.29 -- 4 36.00 -- 0269 UCHR INTERN - GRADUATE 0 17.60 -- 1 18.48 -- 2 19.40 -- 3 20.37 -- 4 21.39 -- 0267 UCHR INTERN - UNDERGRADUATE 0 16.00 -- 1 16.80 -- 2 17.64 -- 3 18.52 -- 4 19.45 -- 4480 PROF LANDSCAPE ARCHITECT 0 43.20 3,455.87 1 45.36 3,628.66 2 47.63 3,810.09 3 50.01 4,000.59 4 52.51 4,200.63 6291 ACE LANDSCAPE INSPECTOR 0 36.26 2,900.86 1 38.07 3,045.91 2 39.98 3,198.20 3 41.98 3,358.12 4 44.08 3,526.02 4482 ACE LANDSCAPE PLANNER I 0 34.31 2,745.11 1 36.03 2,882.37 2 37.83 3,026.49 3 39.72 3,177.82 4 41.71 3,336.71 4483 ACE LANDSCAPE PLANNER II 0 37.75 3,019.62 1 39.63 3,170.61 2 41.61 3,329.15 3 43.69 3,495.59 4 45.88 3,670.37 Page 671 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 36 of 71 5111 ACE LATENT PRINT EXAMINER 0 38.92 3,113.62 1 40.87 3,269.31 2 42.91 3,432.76 3 45.06 3,604.41 4 47.31 3,784.61 2465 MMUC LAW OFFICE MANAGER 0 39.72 3,177.69 1 41.71 3,336.59 2 43.79 3,503.41 3 45.98 3,678.60 4 48.28 3,862.53 6663 ACE LEAD CUSTODIAN 0 22.98 1,838.47 1 24.13 1,930.38 2 25.34 2,026.92 3 26.60 2,128.26 4 27.93 2,234.67 0183 CONF LEGAL ASSISTANT 0 28.83 2,306.40 1 30.27 2,421.72 2 31.79 2,542.81 3 33.37 2,669.94 4 35.04 2,803.43 7075 ACE LIBRARIAN I 0 29.05 2,324.39 1 30.51 2,440.61 2 32.03 2,562.64 3 33.63 2,690.77 4 35.32 2,825.31 7076 UCHR LIBRARIAN I 0 29.05 -- 1 30.51 -- 2 32.03 -- 3 33.63 -- 4 35.32 -- 7073 ACE LIBRARIAN II 0 31.96 2,556.82 1 33.56 2,684.67 2 35.24 2,818.90 3 37.00 2,959.85 4 38.85 3,107.84 Page 672 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 37 of 71 7071 ACE LIBRARIAN III 0 35.16 2,812.51 1 36.91 2,953.14 2 38.76 3,100.79 3 40.70 3,255.83 4 42.73 3,418.63 7181 UCHR LIBRARY AIDE 0 16.00 -- 1 16.80 -- 2 17.64 -- 3 18.52 -- 4 19.45 -- 7157 ACE LIBRARY ASSISTANT 0 19.69 1,575.16 1 20.67 1,653.93 2 21.71 1,736.61 3 22.79 1,823.44 4 23.93 1,914.63 7091 ACE LIBRARY ASSOCIATE 0 24.89 1,990.83 1 26.13 2,090.36 2 27.44 2,194.89 3 28.81 2,304.64 4 30.25 2,419.88 7092 UCHR LIBRARY ASSOCIATE 0 24.89 -- 1 26.13 -- 2 27.44 -- 3 28.81 -- 4 30.25 -- 7025 MM LIBRARY DIGITAL SERVICES MGR 0 46.96 3,757.01 1 49.31 3,944.85 2 51.78 4,142.08 3 54.37 4,349.20 4 57.08 4,566.66 7029 MM LIBRARY OPERATIONS MANAGER 0 54.03 4,322.50 1 56.73 4,538.63 2 59.57 4,765.55 3 62.55 5,003.83 4 65.68 5,254.02 Page 673 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 38 of 71 7121 ACE LIBRARY TECHNICIAN 0 22.64 1,811.44 1 23.78 1,902.02 2 24.96 1,997.13 3 26.21 2,096.98 4 27.52 2,201.82 7587 UCHR LIFEGUARD I 0 16.75 -- 1 17.59 -- 2 18.47 -- 3 19.39 -- 4 20.36 -- 7585 UCHR LIFEGUARD II 0 18.43 -- 1 19.35 -- 2 20.32 -- 3 21.33 -- 4 22.40 -- 6443 ACE LOCKSMITH 0 28.77 2,301.23 1 30.20 2,416.28 2 31.71 2,537.10 3 33.30 2,663.95 4 34.96 2,797.16 6377 ACE MAINTENANCE WORKER I 0 21.65 1,731.97 1 22.73 1,818.56 2 23.87 1,909.49 3 25.06 2,004.97 4 26.32 2,105.22 6379 UCHR MAINTENANCE WORKER I 0 21.65 -- 1 22.73 -- 2 23.87 -- 3 25.06 -- 4 26.32 -- 6373 ACE MAINTENANCE WORKER II 0 23.81 1,905.16 1 25.01 2,000.41 2 26.26 2,100.45 3 27.57 2,205.46 4 28.95 2,315.73 Page 674 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 39 of 71 0228 CONF MANAGEMENT ANALYST I 0 32.70 2,616.31 1 34.34 2,747.12 2 36.06 2,884.48 3 37.86 3,028.72 4 39.75 3,180.14 0229 ACE MANAGEMENT ANALYST I 0 32.70 2,616.31 1 34.34 2,747.12 2 36.06 2,884.48 3 37.86 3,028.72 4 39.75 3,180.14 0224 CONF MANAGEMENT ANALYST II 0 35.97 2,877.94 1 37.77 3,021.84 2 39.66 3,172.92 3 41.64 3,331.57 4 43.73 3,498.14 0227 ACE MANAGEMENT ANALYST II 0 35.97 2,877.94 1 37.77 3,021.84 2 39.66 3,172.92 3 41.64 3,331.57 4 43.73 3,498.14 2001 MY MAYOR 0 -- -- 1 -- -- 2 -- -- 3 -- -- 4 75.67 6,053.70 6550 ACE MECHANIC ASSISTANT 0 23.20 1,856.34 1 24.36 1,949.15 2 25.58 2,046.61 3 26.86 2,148.94 4 28.20 2,256.38 0230 UCHR MGMT ANALYST I (HOURLY) 0 32.70 -- 1 34.34 -- 2 36.06 -- 3 37.86 -- 4 39.75 -- Page 675 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 40 of 71 5571 PROF MULTIMEDIA DESIGNER 0 35.62 2,849.89 1 37.40 2,992.39 2 39.28 3,142.00 3 41.24 3,299.10 4 43.30 3,464.05 5569 ACE MULTIMEDIA PRODUCTON SPCLST 0 29.06 2,324.96 1 30.52 2,441.20 2 32.04 2,563.27 3 33.64 2,691.43 4 35.33 2,826.00 0160 UCHR OFFICE SPECIALIST 0 20.32 -- 1 21.34 -- 2 22.41 -- 3 23.53 -- 4 24.70 -- 0161 ACE OFFICE SPECIALIST 0 20.32 1,625.95 1 21.34 1,707.25 2 22.41 1,792.62 3 23.53 1,882.24 4 24.70 1,976.34 0162 ACE OFFICE SPECIALIST-MAYOR 0 20.32 1,625.95 1 21.34 1,707.25 2 22.41 1,792.62 3 23.53 1,882.24 4 24.70 1,976.34 6311 ACE OPEN SPACE INSPECTOR 0 36.26 2,900.86 1 38.07 3,045.91 2 39.98 3,198.20 3 41.98 3,358.12 4 44.08 3,526.02 6302 MM OPEN SPACE MANAGER 0 45.81 3,664.72 1 48.10 3,847.96 2 50.50 4,040.36 3 53.03 4,242.37 4 55.68 4,454.50 Page 676 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 41 of 71 3025 MM OPERATIONS AND TELECOMM MGR 0 49.89 3,991.41 1 52.39 4,190.99 2 55.01 4,400.53 3 57.76 4,620.56 4 60.65 4,851.60 6434 ACE PAINTER 0 27.46 2,196.64 1 28.83 2,306.46 2 30.27 2,421.78 3 31.79 2,542.88 4 33.38 2,670.02 2475 CONF PARALEGAL 0 30.94 2,475.11 1 32.49 2,598.85 2 34.11 2,728.81 3 35.82 2,865.25 4 37.61 3,008.51 2476 UCHR PARALEGAL 0 30.94 -- 1 32.49 -- 2 34.11 -- 3 35.82 -- 4 37.61 -- 5655 NIAF PARAMEDIC (NON-SAFETY) - A 0 21.43 1 22.50 2 23.63 3 24.81 4 26.05 5653 NIAF PARAMEDIC (NON-SAFETY) - C 0 34.29 1 36.01 2 37.81 3 39.70 4 41.68 5656 UCHR PARAMEDIC (NS/HRLY) 0 21.43 -- 1 22.50 -- 2 23.63 -- 3 24.81 -- 4 26.05 -- Page 677 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 42 of 71 5654 NIAF PARAMEDIC RECRUIT (NS) 0 -- 1 -- 2 -- 3 -- 4 19.08 7434 UCHR PARK RANGER 0 16.54 -- 1 17.37 -- 2 18.24 -- 3 19.15 -- 4 20.11 -- 7431 PROF PARK RANGER PROGRAM MANAGER 0 47.29 3,783.48 1 49.66 3,972.65 2 52.14 4,171.28 3 54.75 4,379.85 4 57.49 4,598.84 7441 ACE PARK RANGER SUPERVISOR 0 35.03 2,802.19 1 36.78 2,942.29 2 38.62 3,089.41 3 40.55 3,243.88 4 42.58 3,406.08 5154 ACE PARKING ENFORCEMENT OFFICER 0 21.88 1,750.39 1 22.97 1,837.91 2 24.12 1,929.81 3 25.33 2,026.29 4 26.60 2,127.61 3693 ACE PARKING METER TECHNICIAN 0 24.07 1,925.43 1 25.27 2,021.70 2 26.53 2,122.79 3 27.86 2,228.92 4 29.25 2,340.37 6619 ACE PARKS MAINT WORKER I 0 21.65 1,731.97 1 22.73 1,818.56 2 23.87 1,909.49 3 25.06 2,004.97 4 26.32 2,105.22 Page 678 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 43 of 71 6620 UCHR PARKS MAINT WORKER I (HOURLY) 0 21.65 -- 1 22.73 -- 2 23.87 -- 3 25.06 -- 4 26.32 -- 6617 ACE PARKS MAINT WORKER II 0 23.81 1,905.16 1 25.01 2,000.41 2 26.26 2,100.45 3 27.57 2,205.46 4 28.95 2,315.73 6604 MM PARKS MANAGER 0 45.81 3,664.99 1 48.10 3,848.23 2 50.51 4,040.64 3 53.03 4,242.67 4 55.68 4,454.79 6605 ACE PARKS SUPERVISOR 0 35.03 2,802.19 1 36.78 2,942.29 2 38.62 3,089.41 3 40.55 3,243.88 4 42.58 3,406.08 3665 CONF PAYROLL SPECIALIST 0 29.00 2,320.01 1 30.45 2,436.01 2 31.97 2,557.81 3 33.57 2,685.70 4 35.25 2,819.99 3663 CONF PAYROLL SUPERVISOR 0 34.32 2,745.97 1 36.04 2,883.28 2 37.84 3,027.44 3 39.74 3,178.81 4 41.72 3,337.76 3663 MMCF PAYROLL SUPERVISOR 0 41.31 3,305.19 1 43.38 3,470.45 2 45.55 3,643.96 3 47.83 3,826.17 4 50.22 4,017.47 Page 679 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 44 of 71 5061 POA PEACE OFFICER 0 43.44 3,474.86 1 45.61 3,648.59 2 47.89 3,831.02 3 50.28 4,022.57 4 52.80 4,223.70 5 55.44 4,434.89 4731 MM PLAN CHECK SUPERVISOR 0 52.91 4,232.71 1 55.55 4,444.34 2 58.33 4,666.56 3 61.25 4,899.89 4 64.31 5,144.86 4753 ACE PLAN CHECK TECHNICIAN 0 31.53 2,522.49 1 33.11 2,648.61 2 34.76 2,781.04 3 36.50 2,920.10 4 38.33 3,066.10 4727 SM PLANNING MANAGER 0 65.84 5,267.04 1 -- -- 2 71.04 5,683.21 3 74.59 5,967.37 4 79.43 6,354.08 4527 ACE PLANNING TECHNICIAN 0 25.91 2,072.61 1 27.20 2,176.21 2 28.56 2,285.02 3 29.99 2,399.28 4 31.49 2,519.25 6432 ACE PLUMBER 0 30.79 2,463.13 1 32.33 2,586.29 2 33.95 2,715.61 3 35.64 2,851.38 4 37.42 2,993.96 Page 680 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 45 of 71 5219 UCHR POL WELLNESS COORDINATOR 0 45.92 -- 1 48.21 -- 2 50.62 -- 3 53.15 -- 4 55.81 -- 5025 SM POLICE ADMIN SVCS ADMINISTRATR 0 60.47 4,837.81 1 -- -- 2 -- -- 3 -- -- 4 73.50 5,880.19 5051 POA POLICE AGENT 0 47.83 3,826.37 1 50.22 4,017.69 2 52.73 4,218.57 3 55.37 4,429.48 4 58.14 4,650.95 5 61.04 4,883.51 5022 SM POLICE CAPTAIN 0 83.33 6,666.26 1 -- -- 2 -- -- 3 -- -- 4 101.28 8,102.56 5258 ACE POLICE COMM RELATIONS SPEC 0 27.68 2,214.24 1 29.06 2,324.96 2 30.52 2,441.20 3 32.04 2,563.27 4 33.64 2,691.43 5185 MM POLICE COMMUNICATIONS SYS MGR 0 56.21 4,496.58 1 59.02 4,721.41 2 61.97 4,957.48 3 65.07 5,205.35 4 68.32 5,465.62 Page 681 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 46 of 71 5187 UCHR POLICE DISPATCH CALLTAKER 0 24.60 -- 1 25.83 -- 2 27.12 -- 3 28.48 -- 4 29.90 -- 5180 UCHR POLICE DISPATCHER 0 33.83 -- 1 35.52 -- 2 37.30 -- 3 39.16 -- 4 41.12 -- 5181 ACE POLICE DISPATCHER 0 33.83 2,706.46 1 35.52 2,841.79 2 37.30 2,983.88 3 39.16 3,133.06 4 41.12 3,289.71 5183 ACE POLICE DISPATCHER SUPERVISOR 0 39.81 3,185.16 1 41.81 3,344.42 2 43.90 3,511.64 3 46.09 3,687.22 4 48.39 3,871.58 5179 ACE POLICE DISPATCHER TRAINEE 0 30.76 2,460.42 1 32.29 2,583.45 2 33.91 2,712.61 3 35.60 2,848.24 4 37.38 2,990.65 5191 ACE POLICE FACILITY & SUPPLY COORD 0 28.24 2,259.45 1 29.66 2,372.42 2 31.14 2,491.03 3 32.69 2,615.57 4 34.33 2,746.37 Page 682 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 47 of 71 5031 POA POLICE LIEUTENANT 0 66.03 5,282.16 1 69.33 5,546.26 2 72.79 5,823.58 3 76.43 6,114.77 4 80.26 6,420.51 5 84.27 6,741.54 5203 ACE POLICE RECORDS & SUPPORT SUPV 0 27.40 2,191.79 1 28.77 2,301.38 2 30.21 2,416.45 3 31.72 2,537.27 4 33.30 2,664.14 0165 ACE POLICE RECORDS SPECIALIST 0 20.72 1,657.31 1 21.75 1,740.17 2 22.84 1,827.18 3 23.98 1,918.54 4 25.18 2,014.47 0166 UCHR POLICE RECORDS SPECIALIST 0 20.72 -- 1 21.75 -- 2 22.84 -- 3 23.98 -- 4 25.18 -- 5071 ACE POLICE RECRUIT 0 32.89 2,631.19 1 34.53 2,762.73 2 36.26 2,900.86 3 38.07 3,045.91 4 39.98 3,198.20 5041 POA POLICE SERGEANT 0 55.02 4,401.47 1 57.77 4,621.55 2 60.66 4,852.63 3 63.69 5,095.25 4 66.88 5,350.02 5 70.22 5,617.52 Page 683 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 48 of 71 5415 ACE POLICE SERVICES TECHNICIAN 0 26.08 2,086.79 1 27.39 2,191.13 2 28.76 2,300.70 3 30.20 2,415.72 4 31.71 2,536.52 5207 UCHR POLICE SUPPORT SERVICES AIDE 0 16.00 -- 1 16.80 -- 2 17.64 -- 3 18.52 -- 4 19.45 -- 5205 MM POLICE SUPPORT SERVICES MGR 0 46.90 3,751.61 1 49.24 3,939.19 2 51.70 4,136.15 3 54.29 4,342.95 4 57.00 4,560.10 5209 MM POLICE TECHNOLOGY MANAGER 0 49.89 3,991.41 1 52.39 4,190.99 2 55.01 4,400.53 3 57.76 4,620.56 4 60.65 4,851.60 5107 ACE POLICE TECHNOLOGY SPECIALIST 0 41.24 3,299.07 1 43.30 3,464.02 2 45.47 3,637.23 3 47.74 3,819.08 4 50.13 4,010.04 2013 PRUC POLICY AIDE 0 31.76 2,540.66 1 33.35 2,667.69 2 35.01 2,801.06 3 36.76 2,941.12 4 38.60 3,088.19 3629 MMCF PRINCIPAL ACCOUNTANT 0 46.49 3,718.96 1 48.81 3,904.91 2 51.25 4,100.14 3 53.81 4,305.15 4 56.51 4,520.40 Page 684 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 49 of 71 6021 MM PRINCIPAL CIVIL ENGINEER 0 70.63 5,650.63 1 74.16 5,933.17 2 77.87 6,229.82 3 81.77 6,541.33 4 85.85 6,868.39 2724 MM PRINCIPAL ECON DEV SPECIALIST 0 56.03 4,482.20 1 58.83 4,706.30 2 61.77 4,941.61 3 64.86 5,188.70 4 68.10 5,448.12 3305 MMCF PRINCIPAL HR ANALYST 0 50.20 4,015.74 1 52.71 4,216.53 2 55.34 4,427.36 3 58.11 4,648.72 4 61.01 4,881.16 4486 MM PRINCIPAL LANDSCAPE ARCHITECT 0 54.00 4,320.22 1 56.70 4,536.24 2 59.54 4,763.05 3 62.52 5,001.21 4 65.64 5,251.26 7051 MM PRINCIPAL LIBRARIAN 0 46.96 3,757.01 1 49.31 3,944.85 2 51.78 4,142.08 3 54.37 4,349.20 4 57.08 4,566.66 0208 PROF PRINCIPAL MANAGEMENT ANALYST 0 49.14 3,930.93 1 51.59 4,127.48 2 54.17 4,333.85 3 56.88 4,550.55 4 59.73 4,778.08 0214 PRCF PRINCIPAL MANAGEMENT ANALYST 0 49.14 3,930.93 1 51.59 4,127.48 2 54.17 4,333.85 3 56.88 4,550.55 4 59.73 4,778.08 Page 685 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 50 of 71 0209 UCHR PRINCIPAL MGMT ANALYST (HRLY) 0 49.14 -- 1 51.59 -- 2 54.17 -- 3 56.88 -- 4 59.73 -- 4431 MM PRINCIPAL PLANNER 0 56.03 4,482.20 1 58.83 4,706.30 2 61.77 4,941.61 3 64.86 5,188.70 4 68.10 5,448.12 4212 PROF PRINCIPAL PROJECT COORDINATOR 0 56.03 4,482.20 1 58.83 4,706.30 2 61.77 4,941.61 3 64.86 5,188.70 4 68.10 5,448.12 7410 MM PRINCIPAL RECREATION MANAGER 0 47.23 3,778.54 1 49.59 3,967.47 2 52.07 4,165.84 3 54.68 4,374.13 4 57.41 4,592.84 6020 MM PRINCIPAL TRAFFIC ENGINEER 0 70.63 5,650.63 1 74.16 5,933.17 2 77.87 6,229.82 3 81.77 6,541.33 4 85.85 6,868.39 3717 MM PROCUREMENT SERVICES ANALYST 0 46.50 3,720.20 1 48.83 3,906.20 2 51.27 4,101.51 3 53.83 4,306.58 4 56.52 4,521.92 3721 ACE PROCUREMENT SPECIALIST 0 32.05 2,564.08 1 33.65 2,692.27 2 35.34 2,826.87 3 37.10 2,968.23 4 38.96 3,116.64 Page 686 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 51 of 71 3090 PROF PROGRAMMER ANALYST 0 41.87 3,349.88 1 43.97 3,517.37 2 46.17 3,693.25 3 48.47 3,877.91 4 50.90 4,071.80 4217 ACE PROJECT COORDINATOR I 0 34.31 2,745.11 1 36.03 2,882.37 2 37.83 3,026.49 3 39.72 3,177.82 4 41.71 3,336.71 4215 ACE PROJECT COORDINATOR II 0 37.75 3,019.62 1 39.63 3,170.61 2 41.61 3,329.15 3 43.69 3,495.59 4 45.88 3,670.37 5127 ACE PROPERTY & EVIDENCE SPECIALIST 0 22.92 1,833.22 1 24.06 1,924.88 2 25.26 2,021.14 3 26.53 2,122.19 4 27.85 2,228.30 5121 ACE PROPERTY & EVIDENCE SUPERVISOR 0 30.31 2,424.43 1 31.82 2,545.67 2 33.41 2,672.94 3 35.08 2,806.60 4 36.84 2,946.92 2782 CONF PUBLIC INFORMATION SPECIALIST 0 32.26 2,581.14 1 33.88 2,710.22 2 35.57 2,845.70 3 37.35 2,988.00 4 39.22 3,137.40 2783 ACE PUBLIC INFORMATION SPECIALIST 0 32.26 2,581.14 1 33.88 2,710.22 2 35.57 2,845.70 3 37.35 2,988.00 4 39.22 3,137.40 Page 687 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 52 of 71 5254 ACE PUBLIC SAFETY ANALYST 0 35.31 2,824.49 1 37.07 2,965.71 2 38.93 3,114.00 3 40.87 3,269.71 4 42.91 3,433.19 5256 UCHR PUBLIC SAFETY ANALYST 0 35.31 -- 1 37.07 -- 2 38.93 -- 3 40.87 -- 4 42.91 -- 6123 ACE PUBLIC WORKS INSPECTOR I 0 32.96 2,637.16 1 34.61 2,769.00 2 36.34 2,907.46 3 38.16 3,052.83 4 40.07 3,205.47 6121 ACE PUBLIC WORKS INSPECTOR II 0 36.26 2,900.85 1 38.07 3,045.90 2 39.98 3,198.18 3 41.98 3,358.12 4 44.08 3,526.01 6336 MM PUBLIC WORKS MANAGER 0 48.15 3,851.61 1 50.55 4,044.19 2 53.08 4,246.40 3 55.73 4,458.73 4 58.52 4,681.66 6712 ACE PUBLIC WORKS SPECIALIST 0 26.28 2,102.08 1 27.59 2,207.17 2 28.97 2,317.52 3 30.42 2,433.40 4 31.94 2,555.09 6327 SM PUBLIC WORKS SUPERINTENDENT 0 60.54 4,843.42 1 63.57 5,085.58 2 66.75 5,339.87 3 70.09 5,606.86 4 73.59 5,887.21 Page 688 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 53 of 71 6337 ACE PUBLIC WORKS SUPERVISOR 0 35.03 2,802.19 1 36.78 2,942.29 2 38.62 3,089.41 3 40.55 3,243.88 4 42.58 3,406.08 6392 ACE PUMP MAINTENANCE SUPERVISOR 0 35.61 2,848.91 1 37.39 2,991.37 2 39.26 3,140.92 3 41.22 3,297.97 4 43.29 3,462.87 6396 ACE PUMP MAINTENANCE TECHNICIAN 0 30.97 2,477.31 1 32.51 2,601.18 2 34.14 2,731.23 3 35.85 2,867.79 4 37.64 3,011.18 3711 SM PURCHASING AGENT 0 57.34 4,587.55 1 -- -- 2 -- -- 3 -- -- 4 69.70 5,576.19 5417 ACE RANGE MASTER 0 26.47 2,117.97 1 27.80 2,223.87 2 29.19 2,335.06 3 30.65 2,451.81 4 32.18 2,574.41 6037 MMUC REAL PROPERTY MANAGER 0 53.41 4,272.86 1 56.08 4,486.50 2 58.89 4,710.83 3 61.83 4,946.37 4 64.92 5,193.69 2211 MM RECORDS MANAGER 0 41.56 3,324.56 1 43.63 3,490.79 2 45.82 3,665.32 3 48.11 3,848.59 4 50.51 4,041.02 Page 689 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 54 of 71 2217 ACE RECORDS SPECIALIST 0 22.36 1,788.57 1 23.48 1,878.00 2 24.65 1,971.90 3 25.88 2,070.51 4 27.18 2,174.01 7605 UCHR RECREATION AIDE 0 16.00 -- 1 16.80 -- 2 17.64 -- 3 18.52 -- 4 19.45 -- 7603 UCHR RECREATION LEADER 0 18.40 -- 1 19.32 -- 2 20.29 -- 3 21.30 -- 4 22.37 -- 7601 UCHR RECREATION SPECIALIST 0 22.08 -- 1 23.18 -- 2 24.34 -- 3 25.56 -- 4 26.84 -- 7425 ACE RECREATION SUPERVISOR I 0 26.66 2,132.89 1 27.99 2,239.53 2 29.39 2,351.52 3 30.86 2,469.09 4 32.41 2,592.54 7426 UCHR RECREATION SUPERVISOR I 0 26.66 -- 1 27.99 -- 2 29.39 -- 3 30.86 -- 4 32.41 -- 7423 ACE RECREATION SUPERVISOR II 0 29.33 2,346.18 1 30.79 2,463.49 2 32.33 2,586.66 3 33.95 2,716.00 4 35.65 2,851.80 Page 690 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 55 of 71 7422 ACE RECREATION SUPERVISOR III 0 33.73 2,698.11 1 35.41 2,833.02 2 37.18 2,974.67 3 39.04 3,123.39 4 40.99 3,279.56 2742 ACE RECYCLING SPECIALIST I 0 26.03 2,082.39 1 27.33 2,186.51 2 28.70 2,295.85 3 30.13 2,410.62 4 31.64 2,531.16 2744 ACE RECYCLING SPECIALIST II 0 28.63 2,290.64 1 30.06 2,405.18 2 31.57 2,525.43 3 33.15 2,651.70 4 34.80 2,784.29 5307 ACE REGISTERED VETERINARY TECH 0 24.86 1,988.48 1 26.10 2,087.90 2 27.40 2,192.30 3 28.77 2,301.93 4 30.21 2,417.03 5312 UCHR REGISTERED VETERINARY TECH 0 24.86 -- 1 26.10 -- 2 27.40 -- 3 28.77 -- 4 30.21 -- 5081 UCHR RESERVE OFFICER 0 14.24 -- 1 14.95 -- 2 15.69 -- 3 -- -- 4 -- -- 9903 UCHR RET ANNT - HOMELESS SOL COORD 0 37.77 -- 1 39.66 -- 2 41.64 -- 3 43.72 -- 4 45.91 -- Page 691 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 56 of 71 3689 SM REVENUE MANAGER 0 58.27 4,661.27 1 -- -- 2 66.85 5,348.08 3 -- -- 4 70.82 5,665.80 3367 PRCF RISK MANAGEMENT SPECIALIST 0 39.63 3,170.42 1 41.61 3,328.94 2 43.69 3,495.40 3 45.88 3,670.17 4 48.17 3,853.67 3368 UCHR RISK MGMT SPECIALIST (HOURLY) 0 39.63 -- 1 41.61 -- 2 43.69 -- 3 45.88 -- 4 48.17 -- 0231 UCHR SEASONAL ASSISTANT 0 16.00 -- 1 16.80 -- 2 17.64 -- 3 18.52 -- 4 19.45 -- 0171 ACE SECRETARY 0 22.36 1,788.57 1 23.48 1,878.00 2 24.65 1,971.90 3 25.88 2,070.51 4 27.18 2,174.01 3630 MMCF SENIOR ACCOUNTANT 0 41.88 3,350.19 1 43.97 3,517.70 2 46.17 3,693.57 3 48.48 3,878.26 4 50.90 4,072.17 3651 ACE SENIOR ACCOUNTING ASSISTANT 0 26.57 2,125.24 1 27.89 2,231.50 2 29.29 2,343.09 3 30.75 2,460.26 4 32.29 2,583.26 Page 692 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 57 of 71 0185 ACE SENIOR ADMIN SECRETARY 0 31.40 2,512.16 1 32.97 2,637.76 2 34.62 2,769.66 3 36.35 2,908.11 4 38.17 3,053.53 5345 ACE SENIOR ANIMAL CARE SPECIALIST 0 23.82 1,905.62 1 25.01 2,000.91 2 26.26 2,100.95 3 27.58 2,206.00 4 28.95 2,316.29 3089 PROF SENIOR APPLICATION SUPP SPEC 0 46.39 3,710.91 1 48.71 3,896.47 2 51.14 4,091.28 3 53.70 4,295.86 4 56.38 4,510.65 2403 SM SENIOR ASSISTANT CITY ATTORNEY 0 85.62 6,849.40 1 89.90 7,191.87 2 94.39 7,551.47 3 99.11 7,929.04 4 104.07 8,325.49 4781 ACE SENIOR BUILDING INSPECTOR 0 41.70 3,335.97 1 43.78 3,502.78 2 45.97 3,677.92 3 48.27 3,861.82 4 50.69 4,054.89 4507 ACE SENIOR BUSINESS LICENSE REP 0 26.57 2,125.24 1 27.89 2,231.50 2 29.29 2,343.09 3 30.75 2,460.26 4 32.29 2,583.26 6019 WCE SENIOR CIVIL ENGINEER 0 60.16 4,812.88 1 63.17 5,053.53 2 66.33 5,306.20 3 69.64 5,571.52 4 73.13 5,850.09 Page 693 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 58 of 71 4763 ACE SENIOR CODE ENFORCEMNT OFFICER 0 39.84 3,187.43 1 41.83 3,346.79 2 43.93 3,514.14 3 46.12 3,689.83 4 48.43 3,874.33 6204 ACE SENIOR CONSERVATION SPECIALIST 0 32.93 2,634.26 1 34.57 2,765.97 2 36.30 2,904.26 3 38.12 3,049.47 4 40.02 3,201.95 2025 UCHR SENIOR COUNCIL ASSISTANT 0 29.52 -- 1 31.00 -- 2 32.55 -- 3 34.18 -- 4 35.88 -- 2027 CONF SENIOR COUNCIL ASSISTANT 0 29.52 2,361.79 1 31.00 2,479.88 2 32.55 2,603.87 3 34.18 2,734.07 4 35.88 2,870.77 2725 PROF SENIOR ECON DEVELOPMENT SPEC 0 47.29 3,783.48 1 49.66 3,972.65 2 52.14 4,171.28 3 54.75 4,379.85 4 57.49 4,598.84 6442 ACE SENIOR ELECTRICIAN 0 35.41 2,832.60 1 37.18 2,974.24 2 39.04 3,122.95 3 40.99 3,279.09 4 43.04 3,443.04 6471 ACE SENIOR ELECTRONICS TECHNICIAN 0 38.95 3,115.87 1 40.90 3,271.66 2 42.94 3,435.25 3 45.09 3,607.01 4 47.34 3,787.35 Page 694 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 59 of 71 6059 ACE SENIOR ENGINEERING TECHNICIAN 0 36.26 2,900.85 1 38.07 3,045.90 2 39.98 3,198.18 3 41.98 3,358.12 4 44.08 3,526.01 6512 ACE SENIOR EQUIPMENT MECHANIC 0 34.06 2,725.05 1 35.77 2,861.30 2 37.55 3,004.36 3 39.43 3,154.57 4 41.40 3,312.30 5529 IAFF SENIOR FIRE INSPECTOR/INVESTIG 0 44.83 3,586.35 1 47.07 3,765.65 2 49.42 3,953.94 3 51.90 4,151.65 4 54.49 4,359.21 0175 ACE SENIOR FISCAL OFFICE SPECIALST 0 23.47 1,877.99 1 24.65 1,971.89 2 25.88 2,070.50 3 27.18 2,174.01 4 28.53 2,282.72 3073 ACE SENIOR GIS ANALYST 0 37.87 3,029.38 1 39.76 3,180.86 2 41.75 3,339.90 3 43.84 3,506.89 4 46.03 3,682.24 2764 PROF SENIOR GRAPHIC DESIGNER 0 39.04 3,123.42 1 40.99 3,279.59 2 43.04 3,443.58 3 45.20 3,615.75 4 47.46 3,796.53 3308 PRCF SENIOR HR ANALYST 0 43.65 3,491.95 1 45.83 3,666.54 2 48.12 3,849.87 3 50.53 4,042.36 4 53.06 4,244.49 Page 695 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 60 of 71 3316 CONF SENIOR HR TECHNICIAN 0 31.61 2,528.94 1 33.19 2,655.39 2 34.85 2,788.17 3 36.59 2,927.57 4 38.42 3,073.95 6441 ACE SENIOR HVAC TECHNICIAN 0 35.41 2,832.60 1 37.18 2,974.24 2 39.04 3,122.95 3 40.99 3,279.09 4 43.04 3,443.04 3012 PROF SENIOR INFO TECH SUPPORT SPEC 0 40.98 3,278.30 1 43.03 3,442.22 2 45.18 3,614.33 3 47.44 3,795.05 4 49.81 3,984.79 3031 PROF SENIOR ITS/POL SPEC II (T) 0 45.16 3,612.57 1 47.42 3,793.20 2 49.79 3,982.87 3 52.28 4,182.01 4 54.89 4,391.11 6285 WCE SENIOR LAND SURVEYOR 0 54.69 4,375.35 1 57.43 4,594.12 2 60.30 4,823.82 3 63.31 5,065.01 4 66.48 5,318.26 6295 ACE SENIOR LANDSCAPE INSPECTOR 0 41.70 3,335.99 1 43.78 3,502.79 2 45.97 3,677.93 3 48.27 3,861.83 4 50.69 4,054.91 5110 ACE SENIOR LATENT PRINT EXAMINER 0 44.76 3,580.65 1 47.00 3,759.70 2 49.35 3,947.67 3 51.81 4,145.07 4 54.40 4,352.31 Page 696 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 61 of 71 2463 CONF SENIOR LEGAL ASSISTANT 0 31.71 2,537.03 1 33.30 2,663.87 2 34.96 2,797.07 3 36.71 2,936.92 4 38.55 3,083.78 7053 MM SENIOR LIBRARIAN 0 37.47 2,997.68 1 39.34 3,147.57 2 41.31 3,304.95 3 43.38 3,470.19 4 45.55 3,643.70 7589 UCHR SENIOR LIFEGUARD 0 20.27 -- 1 21.28 -- 2 22.35 -- 3 23.47 -- 4 24.64 -- 6371 ACE SENIOR MAINTENANCE WORKER 0 28.58 2,286.19 1 30.01 2,400.51 2 31.51 2,520.52 3 33.08 2,646.55 4 34.74 2,778.88 0206 PROF SENIOR MANAGEMENT ANALYST 0 44.67 3,573.57 1 46.90 3,752.26 2 49.25 3,939.86 3 51.71 4,136.86 4 54.30 4,343.71 0226 PRCF SENIOR MANAGEMENT ANALYST 0 44.67 3,573.57 1 46.90 3,752.26 2 49.25 3,939.86 3 51.71 4,136.86 4 54.30 4,343.71 3051 PROF SENIOR NETWORK ENGINEER 0 55.09 4,406.86 1 57.84 4,627.21 2 60.73 4,858.57 3 63.77 5,101.50 4 66.96 5,356.57 Page 697 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 62 of 71 0173 ACE SENIOR OFFICE SPECIALIST 0 22.36 1,788.57 1 23.48 1,878.00 2 24.65 1,971.90 3 25.88 2,070.51 4 27.18 2,174.01 0174 UCHR SENIOR OFFICE SPECIALIST 0 22.36 -- 1 23.48 -- 2 24.65 -- 3 25.88 -- 4 27.18 -- 6309 ACE SENIOR OPEN SPACE INSPECTOR 0 41.70 3,335.99 1 43.78 3,502.79 2 45.97 3,677.93 3 48.27 3,861.83 4 50.69 4,054.91 7439 ACE SENIOR PARK RANGER 0 28.54 2,283.07 1 29.97 2,397.22 2 31.46 2,517.08 3 33.04 2,642.94 4 34.69 2,775.09 5157 ACE SENIOR PARKING ENFORCEMENT OFF 0 24.07 1,925.43 1 25.27 2,021.70 2 26.53 2,122.79 3 27.86 2,228.92 4 29.25 2,340.37 6615 ACE SENIOR PARKS MAINT WORKER 0 28.58 2,286.19 1 30.01 2,400.51 2 31.51 2,520.52 3 33.08 2,646.55 4 34.74 2,778.88 4746 WCE SENIOR PLAN CHECK ENGINEER 0 50.69 4,055.35 1 53.23 4,258.11 2 55.89 4,471.01 3 58.68 4,694.58 4 61.62 4,929.30 Page 698 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 63 of 71 4751 ACE SENIOR PLAN CHECK TECHNICIAN 0 36.26 2,900.85 1 38.07 3,045.90 2 39.98 3,198.18 3 41.98 3,358.12 4 44.08 3,526.01 4432 PROF SENIOR PLANNER 0 47.29 3,783.48 1 49.66 3,972.65 2 52.14 4,171.28 3 54.75 4,379.85 4 57.49 4,598.84 4529 ACE SENIOR PLANNING TECHNICIAN 0 29.79 2,383.47 1 31.28 2,502.65 2 32.85 2,627.79 3 34.49 2,759.17 4 36.21 2,897.14 0135 ACE SENIOR POLICE RECORDS SPEC 0 23.82 1,905.90 1 25.02 2,001.21 2 26.27 2,101.26 3 27.58 2,206.32 4 28.96 2,316.63 0136 UCHR SENIOR POLICE RECORDS SPEC 0 23.82 -- 1 25.02 -- 2 26.27 -- 3 27.58 -- 4 28.96 -- 3728 PROF SENIOR PROCUREMENT SPECIALIST 0 37.46 2,996.43 1 39.33 3,146.26 2 41.29 3,303.57 3 43.36 3,468.75 4 45.53 3,642.19 3091 PROF SENIOR PROGRAMMER ANALYST 0 47.74 3,818.94 1 50.12 4,009.90 2 52.63 4,210.39 3 55.26 4,420.91 4 58.02 4,641.95 Page 699 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 64 of 71 4214 PROF SENIOR PROJECT COORDINATOR 0 47.29 3,783.48 1 49.66 3,972.65 2 52.14 4,171.28 3 54.75 4,379.85 4 57.49 4,598.84 5125 ACE SENIOR PROPRTY & EVIDENCE SPEC 0 26.35 2,108.20 1 27.67 2,213.62 2 29.05 2,324.31 3 30.51 2,440.51 4 32.03 2,562.54 5248 UCHR SENIOR PUBLIC SAFETY ANALYST 0 44.67 -- 1 46.90 -- 2 49.25 -- 3 51.71 -- 4 54.30 -- 5260 PROF SENIOR PUBLIC SAFETY ANALYST 0 44.67 3,573.57 1 46.90 3,752.26 2 49.25 3,939.86 3 51.71 4,136.86 4 54.30 4,343.71 6101 ACE SENIOR PUBLIC WORKS INSPECTOR 0 41.70 3,335.98 1 43.78 3,502.79 2 45.97 3,677.93 3 48.27 3,861.83 4 50.69 4,054.90 6702 ACE SENIOR PUBLIC WORKS SPECIALIST 0 31.53 2,522.48 1 33.11 2,648.60 2 34.76 2,781.03 3 36.50 2,920.08 4 38.33 3,066.09 2215 ACE SENIOR RECORDS SPECIALIST 0 25.71 2,056.86 1 27.00 2,159.69 2 28.35 2,267.68 3 29.76 2,381.07 4 31.25 2,500.12 Page 700 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 65 of 71 2746 ACE SENIOR RECYCLING SPECIALIST 0 32.93 2,634.26 1 34.57 2,765.97 2 36.30 2,904.26 3 38.12 3,049.47 4 40.02 3,201.95 3365 PRCF SENIOR RISK MANAGEMENT SPEC 0 45.57 3,645.99 1 47.85 3,828.29 2 50.25 4,019.70 3 52.76 4,220.69 4 55.40 4,431.73 0177 ACE SENIOR SECRETARY 0 24.59 1,967.42 1 25.82 2,065.81 2 27.11 2,169.09 3 28.47 2,277.56 4 29.89 2,391.43 6573 ACE SENIOR TREE TRIMMER 0 31.44 2,514.81 1 33.01 2,640.56 2 34.66 2,772.57 3 36.39 2,911.21 4 38.21 3,056.77 2779 PROF SENIOR WEBMASTER 0 39.19 3,134.88 1 41.15 3,291.60 2 43.20 3,456.20 3 45.36 3,629.01 4 47.63 3,810.46 6169 ACE SIGNAL SYSTEMS ENGINEER I 0 37.90 3,031.81 1 39.79 3,183.38 2 41.78 3,342.56 3 43.87 3,509.69 4 46.06 3,685.16 6170 ACE SIGNAL SYSTEMS ENGINEER II 0 41.69 3,334.98 1 43.77 3,501.73 2 45.96 3,676.80 3 48.26 3,860.65 4 50.67 4,053.68 Page 701 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 66 of 71 6355 ACE SIGNING AND STRIPING SUPV 0 35.03 2,802.19 1 36.78 2,942.29 2 38.62 3,089.41 3 40.55 3,243.88 4 42.58 3,406.08 2751 SM SPECIAL PROJECTS MGR 0 51.21 4,096.74 1 52.51 4,200.62 2 55.13 4,410.65 3 57.89 4,631.18 4 62.25 4,979.60 6614 UCHR SR PARKS MAINT WRKR (HOURLY) 0 28.58 -- 1 30.01 -- 2 31.51 -- 3 33.08 -- 4 34.74 -- 3734 ACE STOREKEEPER 0 23.78 1,902.55 1 24.97 1,997.69 2 26.22 2,097.56 3 27.53 2,202.45 4 28.91 2,312.57 3732 ACE STOREKEEPER SUPERVISOR 0 28.54 2,283.07 1 29.97 2,397.22 2 31.46 2,517.08 3 33.04 2,642.94 4 34.69 2,775.09 6127 ACE STORMWATER COMPLNCE INSP I 0 30.76 2,461.04 1 32.30 2,584.09 2 33.92 2,713.30 3 35.61 2,848.97 4 37.39 2,991.42 6125 ACE STORMWATER COMPLNCE INSP II 0 33.84 2,707.15 1 35.53 2,842.50 2 37.31 2,984.63 3 39.17 3,133.87 4 41.13 3,290.55 Page 702 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 67 of 71 6137 ACE STORMWATER ENV SPECIALIST I 0 34.46 2,757.01 1 36.19 2,894.88 2 38.00 3,039.61 3 39.90 3,191.60 4 41.89 3,351.19 6135 ACE STORMWATER ENV SPECIALIST II 0 37.91 3,032.73 1 39.80 3,184.37 2 41.79 3,343.59 3 43.88 3,510.74 4 46.08 3,686.31 6131 MM STORMWATER PROGRAM MANAGER 0 52.19 4,175.47 1 54.80 4,384.24 2 57.54 4,603.44 3 60.42 4,833.63 4 63.44 5,075.30 5241 MM SUPRVSNG PUBLIC SAFETY ANALYST 0 51.37 4,109.61 1 53.94 4,315.10 2 56.64 4,530.85 3 59.47 4,757.39 4 62.44 4,995.25 6151 ACE SURVEY TECHNICIAN I 0 28.66 2,293.16 1 30.10 2,407.82 2 31.60 2,528.21 3 33.18 2,654.63 4 34.84 2,787.37 6141 ACE SURVEY TECHNICIAN II 0 31.53 2,522.48 1 33.11 2,648.60 2 34.76 2,781.03 3 36.50 2,920.08 4 38.33 3,066.09 3015 PROF SYSTEMS/DATABASE ADMINISTRATOR 0 43.61 3,488.43 1 45.79 3,662.87 2 48.08 3,846.00 3 50.48 4,038.31 4 53.00 4,240.21 Page 703 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 68 of 71 3027 ACE TELECOMMUNICATIONS SPECIALIST 0 26.53 2,122.26 1 27.85 2,228.37 2 29.25 2,339.79 3 30.71 2,456.78 4 32.25 2,579.62 7503 UCHR TINY TOT AIDE 0 18.40 -- 1 19.32 -- 2 20.29 -- 3 21.30 -- 4 22.37 -- 7505 UCHR TINY TOT SPECIALIST 0 22.08 -- 1 23.18 -- 2 24.34 -- 3 25.56 -- 4 26.84 -- 5155 UCHR TRAFFIC CONTROL ASSISTANT 0 15.69 -- 1 16.48 -- 2 17.30 -- 3 18.17 -- 4 19.08 -- 5293 UCHR TRAFFIC OFFICER 0 15.69 -- 1 16.48 -- 2 17.30 -- 3 18.17 -- 4 19.08 -- 6187 ACE TRAFFIC SIGNAL & LIGHT TECH I 0 30.20 2,416.35 1 31.71 2,537.17 2 33.30 2,664.02 3 34.97 2,797.22 4 36.71 2,937.09 6185 ACE TRAFFIC SIGNAL & LIGHT TECH II 0 33.22 2,657.99 1 34.89 2,790.88 2 36.63 2,930.43 3 38.46 3,076.93 4 40.38 3,230.79 Page 704 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 69 of 71 6181 ACE TRAFFIC SIGNAL & LIGHTING SUPV 0 38.21 3,056.68 1 40.12 3,209.52 2 42.12 3,369.98 3 44.23 3,538.49 4 46.44 3,715.40 5262 ACE TRAINING PROGRAM SPECIALIST 0 27.68 2,214.24 1 29.06 2,324.96 2 30.52 2,441.20 3 32.04 2,563.27 4 33.64 2,691.43 6031 WCE TRANSPORTATION ENGR W CERT 0 60.16 4,812.88 1 63.17 5,053.53 2 66.33 5,306.20 3 69.64 5,571.52 4 73.13 5,850.09 6033 WCE TRANSPORTATION ENGR W/O CERT 0 57.30 4,583.71 1 60.16 4,812.89 2 63.17 5,053.54 3 66.33 5,306.21 4 69.64 5,571.53 6575 ACE TREE TRIMMER 0 26.20 2,095.67 1 27.51 2,200.46 2 28.88 2,310.48 3 30.33 2,426.00 4 31.84 2,547.30 6572 ACE TREE TRIMMER SUPERVISOR 0 36.15 2,892.02 1 37.96 3,036.64 2 39.86 3,188.47 3 41.85 3,347.89 4 43.94 3,515.29 5308 UCHR VETERINARIAN 0 46.77 -- 1 49.11 -- 2 51.57 -- 3 54.15 -- 4 56.85 -- Page 705 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 70 of 71 5331 PROF VETERINARIAN (PERMITTED) 0 62.32 4,985.47 1 65.43 5,234.73 2 68.71 5,496.48 3 72.14 5,771.31 4 75.75 6,059.86 5335 PROF VETERINARIAN I 0 44.26 3,540.81 1 46.47 3,717.86 2 48.80 3,903.74 3 51.24 4,098.93 4 53.80 4,303.88 5333 PROF VETERINARIAN II 0 50.90 4,071.93 1 53.44 4,275.51 2 56.12 4,489.30 3 58.92 4,713.75 4 61.87 4,949.45 5334 UCHR VETERINARIAN II 0 50.90 -- 1 53.44 -- 2 56.12 -- 3 58.92 -- 4 61.87 -- 5323 UCHR VETERINARY ASSISTANT 0 20.71 -- 1 21.75 -- 2 22.84 -- 3 23.98 -- 4 25.18 -- 5325 ACE VETERINARY ASSISTANT 0 20.71 1,657.08 1 21.75 1,739.93 2 22.84 1,826.92 3 23.98 1,918.28 4 25.18 2,014.19 3029 ACE VOIP/VIDEOCONF SPECIALIST 0 35.54 2,843.49 1 37.32 2,985.67 2 39.19 3,134.95 3 41.15 3,291.69 4 43.20 3,456.29 Page 706 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Fiscal Year 2023-2024 Compensation Schedule Effective February 9, 2024 Job BU Position Title Step Hourly Period Step 0 = Step A, Step 1 = Step B, Step 2 = Step C, Step 3 = Step D, Step 4 = Step E, Step 5 = Step F Period rate shown is based on an 80‐hour per pay period, with exception of Fire Department positions with an A or B designation. Approved and Adopted: Resolution No.: Page 71 of 71 7131 ACE VOLUNTEER COORDINATOR 0 22.64 1,811.44 1 23.78 1,902.02 2 24.96 1,997.13 3 26.21 2,096.98 4 27.52 2,201.82 2777 ACE WEBMASTER 0 34.08 2,726.51 1 35.79 2,862.83 2 37.57 3,005.98 3 39.45 3,156.27 4 41.43 3,314.09 Revised June 6, 2023 (Effective July 14, 2023) July 11, 2023 (Effective July 14, 2023) September 12, 2023 (Effective September 22, 2023 | Mayor, City Attorney and Councilperson salaries effective July 1, 2023) December 12, 2023 (Effective December 15, 2023) January 9, 2024 (Effective January 12, 2024 | Mayor, City Attorney and Councilperson salaries effective July 1, 2023) February 13, 2024 (Effective February 9, 2024) Page 707 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX OFFICIALS REQUIRED TO FILE PURSUANT TO GOVERNMENT CODE §§ 87200, et seq. The following officials shall file periodic statements disclosing certain economic interests (commonly referred to as “700 Forms”) with the Fair Political Practices Commission, as required by California Government Code §§87200 – 87210: Mayor City Councilmember City Manager City Attorney Director of Finance/City Treasurer Planning Commission Member Candidate for Elective Office In addition, each official falling within any of the above-listed categories, except “Candidates for Elective Office,” is required to comply with the ethics training requirements of California Government Code §§53234, et seq. DESIGNATED EMPLOYEES REQUIRED TO FILE UNDER THE CITY OF CHULA VISTA CONFLICT OF INTEREST CODE Each City employee whose position title is listed below shall file a 700 Form under the designated disclosure category (as set forth in Chula Vista Municipal Code §2.02.030) and is required to comply with the ethics training requirements of California Government Code §§53234, et seq. Where “Full Disclosure” is indicated, it implies that the disclosure categories are 1, 2, 5, and 7. Position Title ................................................................................................ Disclosure Category Administrative Services Manager .......................................................................................... 1, 2, 5 Animal Care Facility Manager............................................................................................ 1, 3, 6,7 Assistant Chief of Police ......................................................................................... Full Disclosure Assistant City Attorney Series Senior Assistant City Attorney ................................................................... Full Disclosure Assistant City Attorney ............................................................................... Full Disclosure Assistant City Manager ........................................................................................... Full Disclosure Assistant Director of Development Services ..................................................................... 1, 2, 6, 7 Assistant Director of Engineering .......................................................................................... 1, 2, 5 Assistant Director of Finance.................................................................................. Full Disclosure Page 708 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Assistant Director of Human Resources ................................................................................ 1, 3, 5 Assistant Director of Public Works ....................................................................................... 1, 2, 5 Assistant Director of Recreation ........................................................................................ 1, 2, 6, 7 Associate Surveyor .................................................................................................................... 3, 4 Benefits Manager ........................................................................................................................... 5 Budget & Analysis Manager ................................................................................... Full Disclosure Building Inspection Manager ......................................................................................................... 3 Building Inspector Series Senior Building Inspector .............................................................................................. 3, 4 Building Inspector (all levels) ............................................................................................ 3 Building Official ........................................................................................................................ 1, 2 Building Official/Code Enforcement Manager .......................................................................... 1, 2 Building Project Manager ...................................................................................................... 3, 4, 5 Building Services Manager .................................................................................................... 1, 2, 5 Building Services Supervisor ......................................................................................................... 6 Chief of Police ........................................................................................................ Full Disclosure Chief of Staff........................................................................................................... Full Disclosure Chief Sustainability Officer ............................................................................................... 1, 2, 6, 7 City Attorney Investigator ...................................................................................... Full Disclosure City Clerk ............................................................................................................................... 1, 2, 6 City Librarian ......................................................................................................................... 2, 6, 7 Civil Engineer Series Principal Civil Engineer ............................................................................................. 3, 4, 5 Senior Civil Engineer ................................................................................................. 3, 4, 5 Associate Civil Engineer.................................................................................................... 3 Code Enforcement Series Code Enforcement Manager .......................................................................................... 3, 4 Senior Code Enforcement Officer ................................................................................. 3, 4 Code Enforcement Officer (all levels) ............................................................................... 3 Collections Supervisor ............................................................................................................... 3, 5 Communication/Special Events Coordinator ............................................................................. 5, 7 Communications Manager ......................................................................................................... 3, 5 Page 709 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Community Engagement Specialist ........................................................................................... 5, 6 Constituent Services Manager ................................................................................ Full Disclosure Construction & Repair Supervisor ................................................................................................. 6 Council Assistant Series Senior Council Assistant ............................................................................. Full Disclosure Council Assistant ........................................................................................ Full Disclosure Deputy City Attorney (all levels) ............................................................................ Full Disclosure Deputy City Manager .............................................................................................. Full Disclosure Deputy Director, City Clerk Services .................................................................................... 1, 2, 6 Deputy Director of Animal Services.................................................................................. 1, 3, 6, 7 Deputy Director of Development Services ........................................................................ 1, 2, 6, 7 Deputy Fire Chief .................................................................................................................. 1, 2, 6 Development Automation Specialist ..................................................................................... 3, 4, 5 Development Project Manager .......................................................................................... 1, 2, 6, 7 Development Services Counter Manager .................................................................................. 3, 4 Director of Animal Services .............................................................................................. 1, 3, 6, 7 Director of Development Services ..................................................................................... 1, 2, 6, 7 Director of Economic Development .................................................................................. 1, 2, 6, 7 Director of Engineering/City Engineer .............................................................................. 1, 2, 6, 7 Director of Housing & Homeless Services ............................................................. Full Disclosure Director of Human Resources/Risk Management ................................................................. 1, 3, 5 Director of Information Technology Services ............................................................................... 6 Director of Library Services ................................................................................... Full Disclosure Director of Public Works ....................................................................................................... 1, 2, 5 Director of Recreation Services .............................................................................. Full Disclosure Economic Development Specialist Series Principal Economic Development Specialist ............................................................. 1, 2, 7 Senior Economic Development Specialist ................................................................. 1, 2, 7 Economic Development Manager ...................................................................................... 1, 2, 6, 7 Emergency Services Manager ........................................................................................................ 5 Engineer Series Associate Engineer......................................................................................................... 3, 4 Page 710 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Assistant Engineer ......................................................................................................... 3, 4 Fire Inventory Specialist ................................................................................................................ 6 Environmental Services Manager .......................................................................................... 3, 6, 7 Environmental Sustainability Manager.................................................................................. 3, 6, 7 Facilities Financing Manager ............................................................................................. 1, 2, 6, 7 Facilities Manager .......................................................................................................................... 5 Finance Manager (including with CPA) ................................................................. Full Disclosure Fire Battalion Chief (all designations) ........................................................................................... 6 Fire Captain (C only; including hourly; excluding when assigned to the academy) ..................... 6 Fire Chief ............................................................................................................................... 1, 2, 6 Fire Division Chief ................................................................................................................ 1, 2, 6 Fire Inspector/Investigator Series Senior Fire Inspector/Investigator .................................................................................. 3, 4 Fire Inspector/Investigator (all levels) ........................................................................... 3, 4 Fire Prevention Engineer/Investigator ....................................................................................... 3, 4 Fire Prevention Aide ...................................................................................................................... 3 Fire Prevention Specialist .......................................................................................................... 3, 4 Fiscal and Management Analyst .................................................................................................... 5 Fiscal Debt Management Analyst .................................................................................................. 5 Fiscal Services Analyst .............................................................................................................. 3, 5 Fleet Inventory Control Specialist ................................................................................................. 5 Fleet Manager ................................................................................................................................ 5 Fleet Supervisor ............................................................................................................................. 5 Homeless Solutions Manager ............................................................................................ 1, 2, 6, 7 Housing Manager ............................................................................................................... 1, 2, 6, 7 Human Resources Manager ....................................................................................................... 5, 7 Information Technology Manager ................................................................................................. 6 Information Technology Project Manager ..................................................................................... 6 Land Surveyor Series Associate Land Surveyor ............................................................................................... 3, 4 Senior Land Surveyor .................................................................................................... 4, 5 Landscape Architect Series Page 711 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Principal Landscape Architect ....................................................................................... 1, 2 Senior Landscape Inspector ........................................................................................... 3, 4 Landscape Architect....................................................................................................... 3, 4 Landscape Planner (all levels) ................................................................................................... 3, 4 Law Office Manager ...................................................................................................................... 6 Librarian Series Principal Librarian ......................................................................................................... 6, 7 Senior Librarian ............................................................................................................. 6, 7 Librarian III (excluding hourly) ......................................................................................... 6 Library Digital Services Manager .................................................................................................. 6 Management Analyst Series Principal Management Analyst (when assigned to Housing & Public Works) ......... 3, 5, 7 Principal Management Analyst (all assignments unless otherwise noted) .................... 3, 5 Senior Management Analyst (all assignments unless otherwise noted) ........................ 5, 7 Senior Management Analyst (when assigned to Finance and Parks & Recreation) .......... 5 Management Analyst (all levels, assigned to Finance, Fire, Development Services, & Police) ................................................................................................................................ 5 Management Analyst (all levels, all assignments unless otherwise noted; excluding hourly) ................................................................................................................................ 6 Open Space Inspector Series Senior Open Space Inspector ......................................................................................... 3, 5 Open Space Inspector .................................................................................................... 3, 5 Open Space Manager ................................................................................................................. 3, 5 Park Ranger Program Manager ................................................................................................. 3, 5 Park Ranger Series Senior Park Ranger ............................................................................................................ 3 Park Ranger (excluding hourly) ........................................................................................ 3 Park Ranger Supervisor ................................................................................................................. 3 Parks and Recreation Administrator ....................................................................... Full Disclosure Parks Manager ....................................................................................................................... 3, 4, 5 Plan Check Engineer Series Senior Plan Check Engineer .......................................................................................... 3, 4 Page 712 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Assistant Plan Check Engineer ...................................................................................... 1, 2 Associate Plan Check Engineer ..................................................................................... 1, 2 Plan Check Supervisor ............................................................................................................... 1, 2 Planner Series Principal Planner ............................................................................................................ 1, 2 Senior Planner ................................................................................................................ 1, 2 Assistant Planner ............................................................................................................ 3, 4 Associate Planner ........................................................................................................... 3, 4 Planning Manager ...................................................................................................................... 1, 2 Police Administrative Services Administrator........................................................ Full Disclosure Police Captain ......................................................................................................... Full Disclosure Police Facility and Supply Coordinator ......................................................................................... 6 Police Technology Manager ...................................................................................................... 3, 6 Policy Aide.............................................................................................................. Full Disclosure Principal Accountant ...................................................................................................................... 5 Principal Recreation Manager........................................................................................................ 6 Principal Traffic Engineer ...................................................................................................... 3, 4, 5 Procurement Services Analyst ................................................................................ Full Disclosure Procurement Specialist Series Senior Procurement Specialist .................................................................... Full Disclosure Procurement Specialist....................................................................................................... 5 Project Coordinator Series Principal Project Coordinator .................................................................................... 1, 2, 7 Senior Project Coordinator ........................................................................................ 1, 2, 7 Project Coordinator (all levels) ...................................................................................... 2, 7 Public Works Inspector Series Senior Public Works Inspector .................................................................................. 3, 4, 5 Public Works Inspector (all levels) ............................................................................ 3, 4, 5 Public Works Manager .......................................................................................................... 1, 2, 5 Public Works Superintendent ................................................................................................ 1, 2, 5 Public Works Supervisor ....................................................................................................... 1, 2, 5 Purchasing Agent .................................................................................................... Full Disclosure Page 713 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Real Property Manager ........................................................................................... Full Disclosure Revenue Manager ................................................................................................... Full Disclosure Risk Management Specialist Series Senior Risk Management Specialist .............................................................................. 1, 2 Risk Management Specialist .......................................................................................... 1, 2 Risk Manager ............................................................................................................................. 1, 2 Senior Electronics Technician ....................................................................................................... 5 Senior Graphic Designer ................................................................................................................ 5 Senior Land Surveyor ................................................................................................................ 4, 5 Senior Public Works Inspector .............................................................................................. 3, 4, 5 Senior Risk Management Specialist .......................................................................................... 1, 2 Smart Technology Officer ......................................................................................................... 3, 6 Special Projects Manager ........................................................................................ Full Disclosure Stormwater Compliance Inspector II ............................................................................................. 3 Stormwater Environmental Specialist (all levels).......................................................................... 3 Stormwater Program Manager ............................................................................................... 3, 4, 5 Supervising Public Safety Analyst............................................................................................. 3, 6 Traffic Signal & Lighting Supervisor .................................................................................... 3, 4, 5 Transportation Engineer (with Cert. and without Cert.) ........................................................ 3, 4, 5 Veterinarian (Permitted, all levels, except hourly) ........................................................................ 6 Boards and Commissions Member: Board of Appeals and Advisors Member....................................................................... 2, 5 Board of Ethics Member ................................................................................................ 1, 2 Civil Service Commission Member ................................................................................... 3 Charter Review Commission Member....................................................................... 1, 2, 5 Redistricting Commission Member ........................................................................... 1, 2, 5 Mobilehome Rent Review Commission Member.......................................................... 1, 2 Privacy Protection and Technology Advisory Commission Member ............................... 5 Consultants/Newly Created Positions* ................................................................... Full Disclosure Hearing Officers...................................................................................................... Full Disclosure *Consultants and individuals in newly created positions shall be included in the list of designated employees and shall disclose pursuant to the broadest disclosure category in the code, subject to the following limitation: The City may determine, in writing, that a particular consultant or individual in a newly created position, although a “designated position,” is hired to perform a range of duties that is limited in scope and thus is not required to fully comply with the disclosure Page 714 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX requirements in this section. Such written determination shall include a description of the consultant’s or new position’s duties and, based upon that description, a statement of the extent of disclosure requirements. The determination for consultants shall be included in the contract by which the consultant is hired by the City. The determination for newly created positions shall be documented on an FPPC Form 804. The City’s determinations are public record. Page 715 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX OFFICIALS REQUIRED TO FILE PURSUANT TO GOVERNMENT CODE §§ 87200, et seq. The following officials shall file periodic statements disclosing certain economic interests (commonly referred to as “700 Forms”) with the Fair Political Practices Commission, as required by California Government Code §§87200 – 87210: Mayor City Councilmember City Manager City Attorney Director of Finance/City Treasurer Planning Commission Member Candidate for Elective Office In addition, each official falling within any of the above-listed categories, except “Candidates for Elective Office,” is required to comply with the ethics training requirements of California Government Code §§53234, et seq. DESIGNATED EMPLOYEES REQUIRED TO FILE UNDER THE CITY OF CHULA VISTA CONFLICT OF INTEREST CODE Each City employee whose position title is listed below shall file a 700 Form under the designated disclosure category (as set forth in Chula Vista Municipal Code §2.02.030) and is required to comply with the ethics training requirements of California Government Code §§53234, et seq. Where “Full Disclosure” is indicated, it implies that the disclosure categories are 1, 2, 5, and 7. Position Title ................................................................................................ Disclosure Category Administrative Services Manager .......................................................................................... 1, 2, 5 Animal Care Facility Manager............................................................................................ 1, 3, 6,7 Assistant Chief of Police ......................................................................................... Full Disclosure Assistant City Attorney Series Senior Assistant City Attorney ................................................................... Full Disclosure Assistant City Attorney ............................................................................... Full Disclosure Assistant City Manager ........................................................................................... Full Disclosure Assistant Director of Development Services ..................................................................... 1, 2, 6, 7 Assistant Director of Engineering .......................................................................................... 1, 2, 5 Assistant Director of Finance.................................................................................. Full Disclosure Page 716 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Assistant Director of Human Resources ................................................................................ 1, 3, 5 Assistant Director of Public Works ....................................................................................... 1, 2, 5 Assistant Director of Recreation ........................................................................................ 1, 2, 6, 7 Associate Surveyor .................................................................................................................... 3, 4 Benefits Manager ........................................................................................................................... 5 Budget & Analysis Manager ................................................................................... Full Disclosure Building Inspection Manager ......................................................................................................... 3 Building Inspector Series Senior Building Inspector .............................................................................................. 3, 4 Building Inspector (all levels) ............................................................................................ 3 Building Official ........................................................................................................................ 1, 2 Building Official/Code Enforcement Manager .......................................................................... 1, 2 Building Project Manager ...................................................................................................... 3, 4, 5 Building Services Manager .................................................................................................... 1, 2, 5 Building Services Supervisor ......................................................................................................... 6 Chief of Police ........................................................................................................ Full Disclosure Chief of Staff........................................................................................................... Full Disclosure Chief Sustainability Officer ............................................................................................... 1, 2, 6, 7 City Attorney Investigator ...................................................................................... Full Disclosure City Clerk ............................................................................................................................... 1, 2, 6 City Librarian ......................................................................................................................... 2, 6, 7 Civil Engineer Series Principal Civil Engineer ............................................................................................. 3, 4, 5 Senior Civil Engineer ................................................................................................. 3, 4, 5 Associate Civil Engineer.................................................................................................... 3 Code Enforcement Series Code Enforcement Manager .......................................................................................... 3, 4 Senior Code Enforcement Officer ................................................................................. 3, 4 Code Enforcement Officer (all levels) ............................................................................... 3 Collections Supervisor ............................................................................................................... 3, 5 Communication/Special Events Coordinator ............................................................................. 5, 7 Communications Manager ......................................................................................................... 3, 5 Page 717 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Community Engagement Specialist ........................................................................................... 5, 6 Constituent Services Manager ................................................................................ Full Disclosure Construction & Repair Supervisor ................................................................................................. 6 Council Assistant Series Senior Council Assistant ............................................................................. Full Disclosure Council Assistant ........................................................................................ Full Disclosure Deputy City Attorney (all levels) ............................................................................ Full Disclosure Deputy City Manager .............................................................................................. Full Disclosure Deputy Director, City Clerk Services .................................................................................... 1, 2, 6 Deputy Director of Animal Services.................................................................................. 1, 3, 6, 7 Deputy Director of Community Services ............................................................... Full Disclosure Deputy Director of Development Services ........................................................................ 1, 2, 6, 7 Deputy Fire Chief .................................................................................................................. 1, 2, 6 Development Automation Specialist ..................................................................................... 3, 4, 5 Development Project Manager .......................................................................................... 1, 2, 6, 7 Development Services Counter Manager .................................................................................. 3, 4 Director of Animal Services .............................................................................................. 1, 3, 6, 7 Director of Development Services ..................................................................................... 1, 2, 6, 7 Director of Community Services ............................................................................ Full Disclosure Director of Economic Development .................................................................................. 1, 2, 6, 7 Director of Engineering/City Engineer .............................................................................. 1, 2, 6, 7 Director of Housing & Homeless Services ............................................................. Full Disclosure Director of Human Resources/Risk Management ................................................................. 1, 3, 5 Director of Information Technology Services ............................................................................... 6 Director of Library Services ................................................................................... Full Disclosure Director of Public Works ....................................................................................................... 1, 2, 5 Director of Recreation Services .............................................................................. Full Disclosure Economic Development Specialist Series Principal Economic Development Specialist ............................................................. 1, 2, 7 Senior Economic Development Specialist ................................................................. 1, 2, 7 Economic Development Manager ...................................................................................... 1, 2, 6, 7 Emergency Services Manager ........................................................................................................ 5 Page 718 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Engineer Series Associate Engineer......................................................................................................... 3, 4 Assistant Engineer ......................................................................................................... 3, 4 Fire Inventory Specialist ................................................................................................................ 6 Environmental Services Manager .......................................................................................... 3, 6, 7 Environmental Sustainability Manager.................................................................................. 3, 6, 7 Facilities Financing Manager ............................................................................................. 1, 2, 6, 7 Facilities Manager .......................................................................................................................... 5 Finance Manager (including with CPA) ................................................................. Full Disclosure Fire Battalion Chief (all designations) ........................................................................................... 6 Fire Captain (C only; including hourly; excluding when assigned to the academy) ..................... 6 Fire Chief ............................................................................................................................... 1, 2, 6 Fire Division Chief ................................................................................................................ 1, 2, 6 Fire Inspector/Investigator Series Senior Fire Inspector/Investigator .................................................................................. 3, 4 Fire Inspector/Investigator (all levels) ........................................................................... 3, 4 Fire Prevention Engineer/Investigator ....................................................................................... 3, 4 Fire Prevention Aide ...................................................................................................................... 3 Fire Prevention Specialist .......................................................................................................... 3, 4 Fiscal and Management Analyst .................................................................................................... 5 Fiscal Debt Management Analyst .................................................................................................. 5 Fiscal Services Analyst .............................................................................................................. 3, 5 Fleet Inventory Control Specialist ................................................................................................. 5 Fleet Manager ................................................................................................................................ 5 Fleet Supervisor ............................................................................................................................. 5 Homeless Solutions Manager ............................................................................................ 1, 2, 6, 7 Housing Manager ............................................................................................................... 1, 2, 6, 7 Human Resources Manager ....................................................................................................... 5, 7 Information Technology Manager ................................................................................................. 6 Information Technology Project Manager ..................................................................................... 6 Land Surveyor Series Associate Land Surveyor ............................................................................................... 3, 4 Page 719 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Senior Land Surveyor .................................................................................................... 4, 5 Landscape Architect Series Principal Landscape Architect ....................................................................................... 1, 2 Senior Landscape Inspector ........................................................................................... 3, 4 Landscape Architect....................................................................................................... 3, 4 Landscape Planner (all levels) ................................................................................................... 3, 4 Law Office Manager ...................................................................................................................... 6 Librarian Series Principal Librarian ......................................................................................................... 6, 7 Senior Librarian ............................................................................................................. 6, 7 Librarian III (excluding hourly) ......................................................................................... 6 Library Digital Services Manager .................................................................................................. 6 Management Analyst Series Principal Management Analyst (when assigned to Housing & Public Works) ......... 3, 5, 7 Principal Management Analyst (all assignments unless otherwise noted) .................... 3, 5 Senior Management Analyst (all assignments unless otherwise noted) ........................ 5, 7 Senior Management Analyst (when assigned to Finance and Parks & Recreation) .......... 5 Management Analyst (all levels, assigned to Finance, Fire, Development Services, & Police) ................................................................................................................................ 5 Management Analyst (all levels, all assignments unless otherwise noted; excluding hourly) ................................................................................................................................ 6 Open Space Inspector Series Senior Open Space Inspector ......................................................................................... 3, 5 Open Space Inspector .................................................................................................... 3, 5 Open Space Manager ................................................................................................................. 3, 5 Park Ranger Program Manager ................................................................................................. 3, 5 Park Ranger Series Senior Park Ranger ............................................................................................................ 3 Park Ranger (excluding hourly) ........................................................................................ 3 Park Ranger Supervisor ................................................................................................................. 3 Parks and Recreation Administrator ....................................................................... Full Disclosure Parks Manager ....................................................................................................................... 3, 4, 5 Page 720 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Plan Check Engineer Series Senior Plan Check Engineer .......................................................................................... 3, 4 Assistant Plan Check Engineer ...................................................................................... 1, 2 Associate Plan Check Engineer ..................................................................................... 1, 2 Plan Check Supervisor ............................................................................................................... 1, 2 Planner Series Principal Planner ............................................................................................................ 1, 2 Senior Planner ................................................................................................................ 1, 2 Assistant Planner ............................................................................................................ 3, 4 Associate Planner ........................................................................................................... 3, 4 Planning Manager ...................................................................................................................... 1, 2 Police Administrative Services Administrator........................................................ Full Disclosure Police Captain ......................................................................................................... Full Disclosure Police Facility and Supply Coordinator ......................................................................................... 6 Police Technology Manager ...................................................................................................... 3, 6 Policy Aide.............................................................................................................. Full Disclosure Principal Accountant ...................................................................................................................... 5 Principal Recreation Manager........................................................................................................ 6 Principal Traffic Engineer ...................................................................................................... 3, 4, 5 Procurement Services Analyst ................................................................................ Full Disclosure Procurement Specialist Series Senior Procurement Specialist .................................................................... Full Disclosure Procurement Specialist....................................................................................................... 5 Project Coordinator Series Principal Project Coordinator .................................................................................... 1, 2, 7 Senior Project Coordinator ........................................................................................ 1, 2, 7 Project Coordinator (all levels) ...................................................................................... 2, 7 Public Works Inspector Series Senior Public Works Inspector .................................................................................. 3, 4, 5 Public Works Inspector (all levels) ............................................................................ 3, 4, 5 Public Works Manager .......................................................................................................... 1, 2, 5 Public Works Superintendent ................................................................................................ 1, 2, 5 Page 721 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX Public Works Supervisor ....................................................................................................... 1, 2, 5 Purchasing Agent .................................................................................................... Full Disclosure Real Property Manager ........................................................................................... Full Disclosure Revenue Manager ................................................................................................... Full Disclosure Risk Management Specialist Series Senior Risk Management Specialist .............................................................................. 1, 2 Risk Management Specialist .......................................................................................... 1, 2 Risk Manager ............................................................................................................................. 1, 2 Senior Electronics Technician ....................................................................................................... 5 Senior Graphic Designer ................................................................................................................ 5 Senior Land Surveyor ................................................................................................................ 4, 5 Senior Public Works Inspector .............................................................................................. 3, 4, 5 Senior Risk Management Specialist .......................................................................................... 1, 2 Smart Technology Officer ......................................................................................................... 3, 6 Special Projects Manager ........................................................................................ Full Disclosure Stormwater Compliance Inspector II ............................................................................................. 3 Stormwater Environmental Specialist (all levels).......................................................................... 3 Stormwater Program Manager ............................................................................................... 3, 4, 5 Supervising Public Safety Analyst............................................................................................. 3, 6 Traffic Signal & Lighting Supervisor .................................................................................... 3, 4, 5 Transportation Engineer (with Cert. and without Cert.) ........................................................ 3, 4, 5 Veterinarian (Permitted, all levels, except hourly) ........................................................................ 6 Boards and Commissions Member: Board of Appeals and Advisors Member....................................................................... 2, 5 Board of Ethics Member ................................................................................................ 1, 2 Civil Service Commission Member ................................................................................... 3 Charter Review Commission Member....................................................................... 1, 2, 5 Redistricting Commission Member ........................................................................... 1, 2, 5 Mobilehome Rent Review Commission Member.......................................................... 1, 2 Privacy Protection and Technology Advisory Commission Member ............................... 5 Consultants/Newly Created Positions* ................................................................... Full Disclosure Hearing Officers...................................................................................................... Full Disclosure *Consultants and individuals in newly created positions shall be included in the list of designated employees and shall disclose pursuant to the broadest disclosure category in the code, subject to Page 722 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Conflict of Interest Code – Designated Positions Adopted by City Council on 02/13/2024, Resolution No. 2024-XXX the following limitation: The City may determine, in writing, that a particular consultant or individual in a newly created position, although a “designated position,” is hired to perform a range of duties that is limited in scope and thus is not required to fully comply with the disclosure requirements in this section. Such written determination shall include a description of the consultant’s or new position’s duties and, based upon that description, a statement of the extent of disclosure requirements. The determination for consultants shall be included in the contract by which the consultant is hired by the City. The determination for newly created positions shall be documented on an FPPC Form 804. The City’s determinations are public record. Page 723 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda by Voice of San DiegoMarch 29, 2023 / File photo by Adriana Heldiz The Union-Tribune reports that the California Fair Political Practices Commission is reviewing a complaint filed against Chula Vista Councilwoman Andrea Cardenas. councilwoman violated conflict-of-interest and economic-interest disclosure laws. The business woman,who sued the city in 2020 over an operating permit , alleges that Cardenas failed to publicly disclose the cannabis companies represented by Grassroots Resources, Page 724 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda San Diego News Desk Your Source for News in San Diego CV Councilwoman ‘s Economic Filings Raise Concerns of Conflicts By Alberto Garcia Investigative Reporter A local City Councilwoman who runs a political consulting firm has never reported her employer’s clients which could pose conflicts-of-interest as she serves on the City Council. Andrea Cardenas, who was elected to the Chula Vista City Council in November 2020, lists her employment as “Director of Community Engagement” for Grassroots Resources Inc. on her annual Form 700 Economic Interests disclosure forms filed with the City of Chula Vista in 2021 and 2022. Page 725 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda v . 0 0 4 P a g e | 1 February 13, 2024 ITEM TITLE Legislative Platform: Approve an Amendment to the 2023-2024 Legislative Platform Report Number: 24-0050 Location: No specific geographic location Department: City Manager G.C. § 84308: No 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. Notwithstanding the foregoing, the activity qualifies for an Exemption pursuant to Section 15061(b)(3) of the California Environmental Quality Act State Guidelines. Recommended Action Adopt a resolution approving an amendment to the 2023-2024 Legislative Platform. SUMMARY The City coordinates and implements its legislative program with the assistance of Nielsen, Merksamer, Parrinello, Gross & Leoni, LLP, a professional advocacy firm in Sacramento to engage at the state level on legislative priorities and policies that advance City interests. The City’s legislative platform provides a foundation for the legislative program and serves as a framework to help Chula Vista engage and collaborate to advance its interests with California policy makers, agency representatives, industry leaders and others (the “Legislative Platform”). The Legislative Platform is reviewed and updated periodically to ensure that City staff members have the direction needed to respond to legislative proposals in accordance with the City Council’s priorities and policy preferences. The 2023-2024 Legislative Platform has been updated to reflect advocacy efforts, accomplishments from the previous year and includes new topics as identified by City staff. ENVIRONMENTAL REVIEW The Director of Development Services has reviewed the proposed activity for compliance with the California Environmental Quality Act (CEQA) and it has been determined that the activity is not a “Project” as defined Page 726 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 2 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. Notwithstanding the foregoing, it has also been determined that the activity qualifies for an Exemption pursuant to Section 15061(b)(3) of the California Environmental Quality Act State Guidelines. Thus, no environmental review is required. BOARD/COMMISSION/COMMITTEE RECOMMENDATION Not applicable. DISCUSSION In August of 2021, the City Council approved an agreement with Nielsen Merksamer Parrinello Gross & Leoni, LLP (Nielsen Merksamer) to perform State Legislative Advocacy Services and assist with implementation of the City’s Legislative Program (the “Legislative Program”). The Legislative Platform provides a foundation for the Legislative Program and serves as a framework to help Chula Vista engage and collaborate to advance its interests with California policy makers, agency representatives, industry leaders and others. The City Manager implements the Legislative Platform that is reviewed and approved by City Council. The Platform is updated periodically to ensure that City staff members have the direction needed to respond to legislative proposals in accordance with the City Council's priorities and preferences. Items covered by the Legislative Platform can be acted upon quickly by the Mayor or City Manager, or their designees, in order to respond to measures that might affect City operations, revenue resources, and other measures. Measures which are not covered by the Legislative Platform, but which are considered sufficiently significant to merit a response from the City, can be brought before the City Council for consideration and direction. 2023-2024 Legislative Session The first year of the 2023-2024 Legislative Session has wrapped up and of the more than 2,600 bills introduced, Governor Newsom signed 890. The City of Chula Vista, with the help of Assemblymember David Alvarez, sponsored Assembly Bill (AB) 837 which sought to secure a Surplus Land Act exemption for the University-Innovation District. After several committee hearings and negotiations with legislative staff, AB 837 was approved by the Assembly and sent to the Senate for future consideration. With the help of Senator Steve Padilla, AB 837 was incorporated into State Budget legislation and ultimately signed into law by Governor Newsom on July 10, 2023. Additionally, the City advocated for legislation with potential impacts to the City, including regulations related to medical transport, drones as first responder programs, card rooms, access to higher education, clean energy, and more. Summary of Changes to Legislative Platform With passage of a Surplus Land Act exemption for the University-Innovation District, the next top priority for the Legislative Program will be securing support and agreement with the state and the San Diego Association of Governments (SANDAG) to eliminate the toll-only operation of the State Route 125 Toll Road. Page 727 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 3 Additionally, the following are new position statements that are recommended to be added to reflect current, ongoing issues and/or areas of concern as identified by City staff. As a reminder, categories of policy position statements are broad and are not intended to be all-inclusive. They are intended to be used as a reference tool and guideline for the City’s advocacy efforts. Administrative Services  Support legislative efforts and funding for voter outreach, education, and resources to instill confidence in our electoral process.  Support funding for ethics and conflict of interest training for officials.  Support legislation that enhances the public’s right to access records while considering the fiscal and operational constraints of municipalities. Community Services • Support legislation and measures that enhance overall quality, affordability, and accessibility to childcare for all families. Education and Economic Development  Support legislation that would provide financial incentives and opportunities for filming locally.  Support legislation that would increase access to wealth and/or improved living standards that promotes and sustains diversity, innovation, competition, and entrepreneurship.  Support measures that expand youth opportunity including early childhood education, K-12 extracurricular activities, youth diversion programs, mental health programs, and work-based learning programs. Environmental Quality  Support state and federal funding and efforts to address and eliminate untreated sewage, trash, and sediment that originates from across the U.S.- Mexico border.  Support legislation that protects and improves the reliability, affordability, self-sufficiency, quality and security of local and imported water supplies. Housing and Homeless Services  Support the expansion of conservatorship laws allowing for increased guardianship control and health supervision of those suffering from mental illness and recognizing mental illness and addiction as contributors to chronic homelessness.  Support legislation that provides ongoing operating funding associated with necessary services at permanent supportive housing developments.  Support legislation that increases housing production; promotes equity, inclusion, and sustainability; preserves housing for vulnerable populations; prevents displacement of existing residents; and protects tenants.  Support measures that provide resources to address the mental health needs of persons experiencing homelessness. Page 728 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 4  Support legislation that enhances the City’s ability to access funding and incentives for affordable and accessible housing for all economic segments of the community including the homeless, seniors, disabled, veterans, refugees, and moderate- and low-income households.  Support legislation for governmental immunity for safe parking and or camping sites for unsheltered individuals.  Support measures and legislation that provides substance abuse treatment and services for the unsheltered.  Support harm reduction services and programs that require City input and collaboration and monitors for community impacts. Public Safety  Support legislation that provides for an equitable reimbursement rate for emergency ambulance transportation for public health insurers.  Support regulatory or other measures that will assist with police recruitment and retention, and enhance diversity, equity, and inclusion among law enforcement.  Support measures that enhance local agencies’ abilities to protect public safety related to the operation of Uncrewed Aerial Systems (UAS).  Support legislation that expands access to affordable home, fire, and flooding insurance for all city residents and businesses, regardless of whether they are in a high-risk area. Transportation, Telecommunication and Public Works  Support legislation and/or funding to improve broadband accessibility and affordability in Chula Vista. More detailed information and Policy Position Statements can be found in the proposed 2023-2024 Legislative Platform (Attachment 1). 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 City Council previously approved an agreement with Nielsen, Merksamer Parrinello, Gross & Leoni, LLP (Resolution 2021-147) to implement the Legislative Platform. City Council further authorized the City Manager to execute up to four one-year optional extensions, for a total amount not to exceed $400,000. The City Manager has extended the agreement for the current fiscal year pursuant to this authority. All associated consultant costs are included in the current fiscal year 2023-24 budget. Page 729 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda P a g e | 5 ONGOING FISCAL IMPACT Future expenditures for legislative advocacy services will be included as part of the budget process for subsequent years. ATTACHMENTS 1. 2023- 2024 Legislative Platform (Amended 2.13.24) Staff Contact: Adrianna Hernandez, Special Projects & Legislative Manager Page 730 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda RESOLUTION NO. ________ RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING AN AMENDMENT TO THE 2023- 2024 LEGISLATIVE PLATFORM WHEREAS, the legislative platform provides a foundation for the City of Chula Vista legislative program and serves as a framework to help Chula Vista engage and collaborate to advance its interests with California policy makers, agency representatives, industry leaders and others (the “Legislative Platform”); and WHEREAS, the Legislative Platform is reviewed and updated periodically to ensure that City staff members have the direction needed to respond to legislative proposals in accordance with the City Council's priorities and preferences; and WHEREAS, items covered by the Legislative Platform can be acted upon quickly by the Mayor or City Manager, or their designees, in order to respond to issues or proposed legislation that could affect City operations, revenue resources, and other measures; and WHEREAS, measures which are not covered by the Legislative Platform, but which are considered sufficiently significant to merit a response from the City, can be brought before the City Council for consideration and direction. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Chula Vista, that it hereby approves an amendment to the 2023-2024 Legislative Platform, attached hereto as Exhibit A, a copy of which shall be kept on file in the Office of the City Clerk and authorizes the Mayor, the City Manager and their designees to respond to proposed legislation in accordance with the Legislative Platform. Presented by Approved as to form by Maria V. Kachadoorian Jill D.S. Maland City Manager Lounsbery Ferguson Altona & Peak Acting City Attorney Page 731 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2 0 2 3 -2 0 2 4 L E G I S L A T I V E P L A T F O R M C I T Y O F C H U L A V I S T A , C A A M E N D E D 2 .1 3 .2 4 Page 732 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Contents Legislative Advocacy Guidelines ............................................................................................................... 1 Guiding Principles of Legislative Platform ................................................................................................ 5 2023-2024 Legislative Priorities ................................................................................................................ 6 2023-2024 Policy Position Statements ..................................................................................................... 9 Page 733 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 1 | P a g e Overview of the City of Chula Vista Incorporated in 1911, Chula Vista is the second largest city in San Diego County both in population and land area, with a population of 277,220 and land area of approximately 52 square miles. Chula Vista is a global leader in sustainability and embracing new technologies to enhance the safety and quality of life for its residents. It became a charter member of the International Council for Local Environmental Initiatives (ICLEI) in the early 1990s, completed a greenhouse gas inventory in 1996 and adopted its first CO2 reduction plan in 2000, making it the first city in San Diego County to adopt a climate action plan. It also has led the way with early action on developing transit-oriented neighborhoods, an innovative and sustainable plan to develop the Chula Vista Bayfront, and was one of the first cities in the nation to create a smart city plan to integrate technology to better serve and protect our residents and to ensure that City businesses and all City residents have universal access to high quality internet and technology. The cornerstone of meeting those goals is to establish a four-year university and an innovation district that will act as a regional economic engine to make Chula Vista and the South Bay a global hub for cinematic arts, green technology, emerging autonomous technology, and building a binational economy. This Legislative Platform provides a foundation for the City of Chula Vista Legislative Program to help Chula Vista advance its interests with California policy makers, agency representatives, industry leaders and others. This platform also is intended to be a living document that will be updated by staff periodically as circumstances and goals change but the foundation will focus on efforts to enhance our city and the quality of life for our residents. Legislative Advocacy Guidelines The purpose of the Legislative Advocacy Guidelines are to describe the City’s internal procedures related to federal, state, and local advocacy. Through the procedures described, potentially impactful federal, state, and local legislation is identified, analyzed, tracked, and the City’s position is communicated to legislators. Coordination of the Legislative Program Legislation and issues of interest are brought to the City’s attention through several means: League of California Cities, National League of Cities, Councilmembers, legislators, City staff, community members, and professional or governmental organizations. All legislation or issues of interest should be referred to the City Manager’s Office for analysis. Page 734 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2 | P a g e The City Manager’s Office, in consultation with City staff, will review the proposed legislation, and determine the nature and extent of its potential impact on the city and develop an appropriate City response. Action can then proceed in either of two ways: 1. If the Council has previously adopted a position on the legislation through the existing Legislative Platform, the City Manager will coordinate and implement appropriate response. Council will be notified and kept updated on progress and issues. 2. If the legislation is not addressed by the existing Legislative Platform or by Council direction, the proposed legislation will be referred to Council for direction. Staff will place the item on a City Council agenda, including a specific bill number, if any, an analysis of the item, and a recommendation if warranted, for Council deliberation. Staff will follow the direction from Council related to the specific item. The Role of the Mayor and City Council The City Council has ultimate responsibility for determining the City’s position on legislative issues. The Council's specific responsibilities include: 1. Establish legislative priorities. 2. Meet with the City's state and federal legislative advocates as needed. 3. Work with external entities on issues of shared policy concerns. 4. Determine positions on resolutions proposed for adoption by the League of California Cities, the National League of Cities, and similar regional entities, as requested. 5. Assume an active advocacy role with legislators on behalf of the City. If travel is required, such travel will be consistent with current City travel policies. The Role of the City Manager The City Manager implements and coordinates the City's Legislative Program. The City Manager may designate a legislative liaison to assist with coordinating the Legislative Program. The responsibilities and activities of the City Manager include: 1. Ensuring alignment of city actions on legislation with the City’s Legislative Platform. 2. Coordinating contacts and communications with legislators and their staff. 3. With departmental assistance, evaluating proposed legislation that may affect the City. 4. Disseminating information on public policy items of interest to City departments. 5. Directing and overseeing the City’s lobbyists, including setting priorities for action that are consistent with City Council direction. Page 735 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 3 | P a g e 6. Preparing advocacy letters expressing the City’s position on legislation. The Mayor or City Manager may sign advocacy letters on behalf of the City. Copies of the communication will be distributed to the City Council. 7. Serving, as needed, as the liaison to stakeholder groups, legislative offices, and local jurisdictions concerning legislative activities. 8. Coordinating, briefing, and providing support to City Council members for visits with state and/or federal legislators, as needed. The Role of City Departments City Department participation is essential to the success of the Legislative Program. Departmental employees can provide technical assistance and unique insight into issues potentially impacting the City. Responsibilities of the departments include, but are not limited to: 1. Informing the City Manager, or designee, of policy issues of importance to the City and any specific bills that may impact the department 2. Designating key contacts within the department or division who are responsible for evaluating legislation and/or assisting with legislative analysis and advocacy letters 3. Suggesting organizations, individuals, publications, and/or legislators who may be partners in advocating the City's position on certain legislation Signatures on Legislative Communication Letters and other communications expressing the City's position will customarily bear the signature of the Mayor or City Manager. In order to keep the Council and others informed of all City communication on legislation, copies of the letters will be distributed to the City Council. Communication With Elected Officials From time to time, members of the City Council may meet with the City’s local, state, and/or federal representatives. These meetings are an important component of building legislative relationships and sharing issues of significance to Chula Vista. Any meetings or communication with local, state, or federal elected officials must be done in a coordinated way to ensure conformity with the approved Legislative Platform, consistency of messaging, accurate information and record keeping, and sharing of resources. Therefore, as a matter of best practice, any communication with a local, state, or federal elected official or legislative staff regarding the City’s Legislative Platform should be coordinated through the City Manager. Advocacy Methods Drafting position letters is one advocacy tool, best used in conjunction with others. The City Council, City Manager, and lobbyists may use any, or a combination of the below additional advocacy methods: 1. Calls to policymakers, their staff, or legislative committee staff 2. Meeting with legislators and their staff, stakeholders, and other groups active on the same issue or bill Page 736 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 4 | P a g e 3. Testifying at a committee hearing regarding the City’s position and/or concerns 4. Building coalitions and partnerships with entities that advance the Legislative Program Page 737 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 5 | P a g e Guiding Principles of Legislative Platform The Legislative Platform is a tool to protect, promote, and guide our City’s interests on priority issues and legislative/regulatory matters that may impact the City at the state and federal level. The guiding principles and broad policy statements allow City staff and legislative advocates to address legislative and regulatory issues in a timely and directed manner, without precluding City Council consideration of additional legislative matters arising throughout the year. With the continued growth of the City and planned development in the future, the City’s Legislative Platform is aimed at securing legislative policies and resources that will help the City manage this growth, fund critical infrastructure needs, keep the City safe, and maintain and enhance the quality-of- life. residents have come to expect. 1) Maintain Local Control • Support efforts that preserve and protect our local authority to enact policy pertaining to local affairs. Oppose measures that seek to preempt local control without the concurrence of the City. 2) Promote Fiscal Responsibility • Support efforts that promote fiscal stability, predictability, and financial independence. Support efforts that preserve and promote the City’s revenue base. Oppose efforts that mandate costs with no guarantee of local reimbursement or offsetting benefits, or that shift local funds to the county, state or federal government without offsetting benefits. 3) Promote Economic Development • Support efforts that provide local governments with the tools necessary to bolster economic development and efforts streamlining initiatives that would enhance our ability to attract and retain businesses as well as encourage business expansion and job retention. 4) Support Funding Opportunities • Support efforts that allow the City to compete for its fair share of regional, state and federal funding including competitive grants and other funding programs. Support efforts that promote dedicated funding streams at the regional, state and federal levels allowing our City to maximize local revenues, offset and leverage capital expenditures, and maintain our goals and standards. Page 738 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 6 | P a g e 2023-2024 Legislative Priorities 1. Secure an exemption from the Surplus Lands Act (AB 1486) for the Chula Vista University and Innovation District project. For over 30 years, the City has persistently pursued the acquisition and development of two major employment centers, the 535-acre Chula Vista Bayfront Redevelopment project and the acquisition of almost 400 acres in the eastern area of the City for a new binational multi-institutional University and Innovation District project. AB 1486 (Ting), the Surplus Lands Act, enacted on January 1, 2021, has severely hampered our three decades of efforts to develop a University and Innovation District, as envisioned by the 2018 adopted Environmental Impact Report and Specific Plan Area. The bill has compromised the City’s ability to negotiate the development of a new self-sustaining model of education for South Bay and regional residents on property long set aside for this purpose by requiring affordable housing be prioritized for the entire site above the intended University and Innovation District uses. It is critical that AB 1486 (Ting) be amended to exempt the Chula Vista University and Innovation District project so we can pursue our efforts to create jobs and new educational opportunities for residents of the South Bay and the San Diego region. 2.1. Secure support and agreement with the State and the San Diego Association of Governments (SANDAG) to eliminate the toll-only operation of State Route 125. During the 2021-2022 Legislative session, Senator Ben Hueso secured $20 million for SANDAG to dedicate to the outstanding debt on the State Route 125 (SR-125) toll road, or South Bay Expressway (SBX). As the only tolled freeway in San Diego County, SBX toll road operations make it difficult to attract and retain employees and disproportionally affects lower income workers in the South Bay. Elimination of toll- only operations on the SBX will incentivize businesses to locate in Chula Vista and the South Bay region, an area long neglected. Early retirement of the SBX toll facility debt also will alleviate transportation congestion on the region’s freeways by more fully utilizing existing capacity along South Bay freeways and arterials during high commute times and reduce regional vehicle miles traveled (VMT) with the creation of employment centers in the surrounding South Bay region. Staff will continue to work with SANDAG, state agencies like Caltrans, and other stakeholders to achieve elimination of debt by as soon as 2027 and remove toll-only operations on the SBX. New Legislative Priorities •Promote the ongoing development on the Chula Vista Bayfront including, but not limited to, creation and funding of open space, parks, and business development. •Secure state funding to allow the redevelopment of Harborside Park to incorporate community input and feedback and meet the needs of the surrounding community. Page 739 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 7 | P a g e 3.2. Promote the ongoing development on the Chula Vista Bayfront including, but not limited to, creation and funding of open space, parks, and business development. Construction is underway on the Gaylord Pacific Resort and Convention Center, a catalyst project for the redevelopment of the 535-acre Chula Vista Bayfront. As envisioned in the Bayfront Master Plan, public access is a cornerstone of the development and that includes open space and new parks. The City will continue to seek funding opportunities to bring residents and visitors outdoor spaces to enjoy our Bayfront as well as preserve existing park access and uses. Also important to the sustainability of the project is the creation of employment opportunities through the development of new businesses and expansion of existing businesses. Within the Bayfront masterplan area, Chula Vista has one long-established cardroom, Seven Mile Casino. Seven Mile contributes substantially to the local economy by providing jobs and generating hundreds of thousands of dollars in annual license revenues for the City. As Seven Mile continues to explore table growth to expand their business and redevelop their properties, and with the moratorium on table growth expiring in 2023, the City will advocate for the ability of local governments to authorize existing licensed cardrooms to expand the number of tables operated. 4.3. Secure state funding to allow the redevelopment of Harborside Park to incorporate community input and feedback and meet the needs of the surrounding community. In August of 2022, the City Council authorized a temporary closure of Harborside Park due to se rious public health and safety concerns. The City’s ability to maintain the park for public use had become a tremendous challenge as the need for offering services to the unsheltered population continued to increase at the park. The proximity to Harborside Elementary, local businesses and the San Diego County Health and Human Services Agency made the need to address the increase in illicit behavior and criminal activity even more urgent. During the temporary closure, City staff has conducted an extensive outreach effort in the local community to learn about their needs and develop long-term solutions informed by their input. While input has been plentiful, one common theme and idea is consistently expressed. The community would like to have recreational opportunities in a safe environment like those offered at a recreation center. Currently there are no indoor facilities at Harborside Park. A recent example is the renovation of Loma Verde Recreation Center which can serve as the foundation for the design and planning of a recreational center at Harborside Park. State funding and support will allow the City to deliver a much- needed facility to a community that is eager for recreation but currently has limited access to local recreational facilities. Page 740 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 8 | P a g e 5.4. Assistance in obtaining State and/or Federal funds for Grade Separations at major railroad/transit crossings. With construction underway on the Bayfront project and more people coming to Chula Vista to enjoy our bayfront and to work and live in our city, mobility and the flow of people and goods to and from Chula Vista is becoming increasingly critical. Because of this, it is essential that we continue to expand and increase frequency of our public transit system. In order to do so, grade separations along the Blue Line Trolley are urgently needed at Palomar Street, F Street, H Street, and E Street. Palomar Street has been identified by SANDAG as vitally needed to reduce congestion in the western part of Chula Vista and was ranked in the top two most urgently needed grade separations within the entire MTS trolley system. The City already has invested over $3 million for planning and design of the Palomar Street grade separation project. Ideally, the state would provide funding to complete this project as it did for the City of San Diego for its trolley system at Park Boulevard and Harbor Drive grade crossings. Page 741 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 9 | P a g e 2023-2024 Policy Position Statements The following categories of policy position statements are broad and are not intended to be all- inclusive. They are intended to be used as a reference tool and guideline for the City’s advocacy efforts. Administrative Services General Area of Review: Elections, Ralph M. Brown Act, Public Records Act, Political Reform Act, conflict of interest, insurance, tort reform and open and transparent government. • Support legislation to allow alternative methods of meeting public notice requirements and enhancing them with cost effective, innovative, user friendly methods of communication. • Support efforts to improve liability protection for governmental agencies and their personnel, minimize governmental exposure to frivolous lawsuits, and create policies that allow cities to equitably manage risks in providing services and maintaining city facilities. • Support legislation and policies that clarify new conflict of interest and reporting requirements for elected officials. • Support legislative efforts and funding for voter outreach, education, and resources to instill confidence in our electoral process. • Support funding for ethics and conflict of interest training for officials. • Support legislation that enhances the public’s right to access records while considering the fiscal and operational constraints of municipalities. Community Services General Area of Review: Parks, recreation, libraries, cultural arts, youth, community and human services programs. • Support funding efforts to construct or renovate parks and recreation facilities in aging/under resourced areas of the city. • Support park bond measures that provide per capita and competitive grants for park and recreation facility development and renovation. • Support funding for after-school art and recreational programs promoting the arts and physical exercise. • Support funding for access opportunities for all residents to physical activity, proper nutrition and healthy lifestyle options. • Support funding efforts to connect libraries to the same statewide, high-speed, broadband backbone for the K-12 system, UC, CSU and community colleges. Page 742 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 10 | P a g e • Support fully funding the California Public Library Fund and eliminate financial penalties to municipal libraries experiencing budget reductions. • Guarantee libraries the largest possible discount in rates for telecommunication services, internal connections, and Internet access. • Support library bond measures that provide per capita and competitive grants for library facility construction and renovation. • Support efforts to fund after-school library programs to provide safe options for students to study and engage in activities during critical afternoon hours. • Support legislation that prohibits discrimination based on race, ethnicity, national origin, religion, gender, sexual orientation, gender identity, age, disability, or immigration status. • Support legislation and measures that enhance overall quality, affordability, and accessibility opportunities to expand access to childcare for all families. Education and Economic Development General Area of Review: Education, innovation, employment creation, business attraction and retention and other efforts related to economic development. • Support legislative efforts to assist our city to attract businesses and industry that will advance responsible Economic Development to strengthen Chula Vista’s position as a national leader in embracing new technologies and environmental innovation. • Secure legislative support and funding from the State of California to continue the development of Chula Vista’s University-Innovation District. • Secure an exemption from the Surplus Lands Act (AB 1486) for the City’s University project • Promote local purchasing, hiring and workforce training that create quality career opportunities and living wages for the local workforce. • Provide startup funding for economic development programs/partnerships. • Fund extending advanced telecommunications, smart grid energy, sustainable water supply and transportation infrastructure that helps develop quality jobs in under resourced communities. • Promote opportunities for public art funding and encourage programs that tie arts and culture to economic development. • Strengthen and/or add tools to promote redevelopment of economically distressed areas. • Support legislation that would provide financial incentives and opportunities for filming locally. • Support legislation that would increase access to wealth and/or improved living standards that promotes and sustains diversity, innovation, competition, and entrepreneurship. • Support measures that expand youth opportunity including early childhood education, K-12 extracurricular activities, youth diversion programs, mental health programs, and work-based learning programs. Page 743 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 11 | P a g e Employee Relations General Area of Review: Labor relations, employee relations and other matters related to human resources. • Support efforts to protect and enhance cities’ ability to establish conditions of employment, including hours, wages, benefits, the meet-and-confer process, appeal procedures and management rights. • Support efforts to reform the California Workers’ Compensation Program to reduce public costs. • Oppose efforts for mandated binding arbitration in public employee disputes. Environmental Quality General Area of Review: Air, water supply and water quality, climate change, clean energy, California Environmental Quality Act (CEQA), integrated waste management, hazardous materials, coastal issues, and utilities. • Support programs and rate structures that expand access to solar and other clean energy technologies, particularly for renters and other under resourced community members. • Support programs that provide incentives or other support for energy and water saving upgrades or clean energy and zero emission technologies. • Support legislative efforts to strengthen San Diego Community Power, the City’s Community Choice Aggregation (CCA) program, to provide more affordable and clean electricity options. • Create new and sustainable funding opportunities to support local habitat preservation, water conservation, water reuse and recycling efforts. • Oppose new leases for oil/gas development in state-owned coastal waters off San Diego County. • Oppose restrictions on local jurisdictions’ authority and ability to adopt environmental policies and codes exceeding state or federal standards. • Reinforce local control of telecommunications, energy, and water services through franchise agreements or other mechanisms. • Support reauthorization of the California Public Utilities Commission (CPUC) Public Goods Charge, and legislation that provides local funding to complement environmental and economic sustainability. • Clean up Digital Infrastructure and Video Competition Act (DIVCA) legislation. • Monitor for impacts on water quality standards and storm water discharge requirements (AB 377) • Promote smart growth incentive programs, reward agencies that promote sustainable practices such as energy conservation, renewable resources, green buildings and the reduction of CO2 emissions. • Develop new funding source to cover all additional Local Agency costs in order to comply with new State and Regional Water Quality Control Board Stormwater Permits since new permit requirements create unfunded mandates. Page 744 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 12 | P a g e • Support legislation that eliminates regulatory and processing barriers for projects that enhance or restore biological habitats. • Exempt stormwater fees from the restrictions of Proposition 218. • Support state and federal funding and efforts to address and eliminate untreated sewage, trash, and sediment that originates from across the U.S.- Mexico border. • Support legislation that protects and improves the reliability, affordability, self-sufficiency, quality and security of local and imported water supplies. Housing and Homeless Services General Area of Review: Land use, development, annexation, and incorporation, building standards, economic development, redevelopment and enterprise zones, mobile home, and sign regulations. • Support new affordable housing development opportunities and preservation of existing affordable housing. • Support efforts to assist first-time home buyers and promote pathways to home ownership. • Support opportunities for the development of workforce housing and permanent supportive housing and programs. • Support equitable distribution of housing funds from regional, state, or federal agencies. • Support efforts to preserve and enhance mobile home livability. • Promote and facilitate funding for historic preservation. • Support public health and age friendly livability initiatives. • Support efforts that ensure major changes to Building, Energy or Accessibility code requirements are given enough time and resources for local government and industry training. • Fund construction of needed infrastructure, parks, libraries, and other civic/public safety programs. • Support legislation that preserves the authority of local agencies to regulate short-term rentals. • Support legislative efforts to enhance and secure sustainable, consistent funding for homelessness programs, services, outreach, prevention, and assistance. • Support City’s operations of a bridge shelter for unsheltered individuals. • Support the expansion of conservatorship laws allowing for increased guardianship control and health supervision of those suffering from mental illness and recognizing mental illness and addiction as contributors to chronic homelessness. • Support legislation that provides ongoing operating funding associated with necessary services at permanent supportive housing developments. • Support legislation that increases housing production; promotes equity, inclusion, and sustainability; preserves housing for vulnerable populations; prevents displacement of existing residents; and protects tenants. • Support measures that provide resources to address the mental health needs of persons experiencing homelessness. Page 745 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 13 | P a g e • Support legislation that enhances the City’s ability to access funding and incentives for affordable and accessible housing for all economic segments of the community including the homeless, seniors, disabled, veterans, refugees, and moderate- and low-income households. • Support legislation for governmental immunity for safe parking and or camping sites for unsheltered individuals. • Support measures and legislation that provides substance abuse treatment and services for the unsheltered. • Support harm reduction services and programs that require City input and collaboration and monitors for community impacts. Public Safety General Area of Review: Law enforcement, fire and life safety, emergency communications, emergency services, disaster preparedness, and nuisance abatement. • Support efforts to reinstate Federal Community Oriented Police Services (COPS) and State Supplemental Law Enforcement Services Fund (SLESF) grant programs. • Increase employment opportunities through the California Firefighter Joint Apprenticeship Program. • Fund emergency preparedness measures, particularly those related to wildland fire and fund minimizing fuels in wildland interface areas. • Support efforts to prohibit drone operations that prevent or interfere with firefighting efforts. • Expand the availability of Automated External Defibrillator (AED) in higher occupancy structures. • Support funding for activities that will reduce drowning incidents. • Continue funding for "front-line" law enforcement for AB 109 compliance. • Provide adequate resources to support public safety response to the mental health crisis involving the unsheltered population. • Oppose efforts to allow unlicensed fire protection contractors to install fire protection systems. • Oppose efforts to preempt local public safety ordinances. • Oppose any efforts to impose upon police department the responsibility to enforce federal immigration laws. • Support legislation that preserves local control over medical and adult-use cannabis businesses, and enhances and protects maximum local regulatory, land use, and enforcement authority in relation to such businesses. • Support legislation that provides for an equitable reimbursement rate for emergency ambulance transportation for public health insurers. • Support regulatory or other measures that will assist with police recruitment and retention, and enhance diversity, equity, and inclusion among law enforcement. • Support measures that enhance local agencies’ abilities to protect public safety related to the operation of Uncrewed Aerial Systems (UAS). Page 746 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 14 | P a g e • Support legislation that expands access to affordable home, fire, and flooding insurance for all city residents and businesses, regardless of whether they are in a high-risk area. Revenue and Taxation General Area of Review: Finance administration, taxation reform, general revenue, special revenue, and revenue sources at the federal, state, and local levels. • Provide grant distribution criteria that includes a per capita component in addition to merit-based programs. • Oppose unfunded mandates and legislation that reduce local control or abridge home rule authority. • Oppose any repeal of Gas Tax exemption for local agencies. • Oppose efforts to preclude cities from collecting Utility Users Tax, including revenue on cellular or digital telephone use. • Protect or enhance local government revenue resources including sales, property and use taxes, Citizens' Option for Public Safety (COPS), and Booking Fees. • Support reducing the vote threshold for special use taxes and bonds from 66.6% to 55%. • Support the establishment of a federal Marketplace Fairness Act and oppose any efforts to roll back the 2018 Wayfair decision. • Oppose efforts to limit cities’ ability to impose franchise fees, taxes, etc., on cable or satellite television or other telecommunication operations and services. • Advocate for the ability of local governments to authorize their existing licensed cardrooms to expand the number of tables they operate. Transportation, Telecommunication and Public Works General Area of Review: Transportation, construction, telecommunications, and general public works related areas. • Support legislation that allows for opportunity to pay off bonds for SR 125 prior to 2043 provided capital, overhead costs and non-operating expenses can be minimized and toll revenues are allocated to debt service. • Support and promote transferring maintenance of SR 125 to Caltrans when SR 125 outstanding debt is paid off and toll-only access has ended. • Support efforts to allow local agencies flexibility in complying with the Americans with Disabilities Act to provide the greatest benefit to the disabled population, and provide protection from third party lawsuits. • Oppose elimination of Rule 20A Utility Undergrounding Program. • Support efforts to fund programs to provide high-speed Internet to lower income residents. Page 747 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 15 | P a g e • Support efforts for funding for priority infrastructure projects including drainage and other improvements to the storm drain system. • Support efforts for funding the region’s top priority rail grade separation project on Palomar Street at Industrial Boulevard. • Oppose any further restrictions on the use of multi-year renewable contracts. • Support legislation to reduce municipal costs associated with Caltrans projects. • Supports efforts (or legislation) that enhance traffic safety on city streets for all modes of transportation (AB 43). • Oppose efforts to preempt local authority with the goal of assisting the wireless industry in the expansion of broadband access by allowing access to City infrastructure including light poles, traffic poles, etc. While SB 556 purports to preempt local authority with the goal of assisting the wireless industry in the expansion of broadband access, it fails to set any requirements for the wireless industry to expand broadband facilities or close the digital divide. • Support efforts to expedite disbursement of Proposition 84 funds to local governments. • Support efforts to protect dedicated transportation and public transit funds. • Support funding and legislation that encourages utilities undergrounding. • Support legislation and/or funding to improve broadband accessibility and affordability in Chula Vista. Page 748 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda CANDIDATE'S STATEMENT OF QUALIFICATIONS See the Candidate Filing Guide and Elections Code S 13307 for Candidate's Statement guidelines and requirements. Jurisdiction Name (ALL CAPS) CITY OF CHULA VISTA Office Title: (Title case) City Attorney Candidate Name: (ALL CAPS) MARCO VERDUGO Occupationl: (Title Case Deputy City Attorney Age: (O tional) Gender (M or F): For translation u ses Election Date: November 7, 2023 1 The occupation to appear on the Candidate's Statement is not restricted by the California Elections Code It does not have on the ballot. It can be more descri tive and have more than three words. at e occupation Use "BIock Paragraphs, Single Space" format. Word count starts here: The City Attorney's job is to protect our families and finances. Marco Verdugo is tough, tested, and trusted to get the job done. Marco Verdugo is a Deputy City Attorney with over a decade of experience serving the people. He's rooted out wasteful spending in city contracting, enforced fair pay laws, and cut through red tape to add affordable housing. Marco Verdugo knows the job insi de and out — he'll fight for us. Marco Verdugo is a lifelong Chula Vistan who will put our community first. Born and raised here and with children in our public schools, we know Marco Verdugo will work for a safe, livable, and affordable Chula Vista for all. As City Attorney, Marco Verdugo will be our strong, independent voice. He'll ensure city officials comply with the law. He'll fight waste and fraud so we invest more in city services and street repair. To prevent crime, Marco will enforce strong gun safety laws and support community policing. He'll use his legal expertise to help our city stop downtown San Diego's homeless crisis from taking root here. Marco Verdugo will keep our families safe and our city finances strong. Marco Verdugo is endorsed by: Chula Vista Councilmembers Alonso Gonzalez, Andrea Cardenas, and Carolina Chavez, Chula Vista School Boardmember Cesar Fernandez, and San Diego City Attorney Mara Elliott. Marco Verdugo for City Attorney - Protecting Chula Vista MarcoVerdugo.com I understand that I am responsible for the cost of this statement, that payment of the estimated cost is due at the time of filing, and that I may be billed or refunded the difference in cost based on the final cost. Estimated cost (due at time of filing): City Attorney: $2,400 (Please make checks payable to City of Chula Vista or pay by credit card at v. chul isla didafcs Written Communication Received 2/13/2024 Item: 7.4 Name: Acosta Page 749 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Candidate's Si ature: Date: Page 750 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Tuesday, February 13, 2024 Page 751 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda The Legislative Program is a tool to protect, promote, and guide City’s interests on priority issues and legislative/regulatory matters that might impact the City at the state and federal level. The City Manager implements the Council-approved Legislative Platform. Page 752 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda February 2021 Request for Proposals for State Legislative Advocacy August 2021 Nielsen Merksamer selected as advocacy firm 2022 Advocacy efforts launched during the second year of the 2021-2022 Legislative Session February 2023 City Council adopts 2023-2024 Legislative Platform 2024 2023-2024 Legislative Session is ongoing Page 753 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Maintain Local Control Promote Fiscal Responsibility Promote Economic Development Support Funding Opportunities Guiding Principles Page 754 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda $20 million for SANDAG to reduce SR-125 debt to support efforts to eliminate bond debt by 2027. $30 million for the City of Chula Vista Millenia Library and Office Building Surplus Land Act Exemption for the University-Innovation District Page 755 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Senator Steve Padilla District 18 Assemblymember David Alvarez District 80 Juan Vargas U.S. House of Representatives District 52 Alex Padilla U.S. Senate Laphonza Butler U.S. Senate Page 756 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Senator Steve Padilla District 18 Assemblymember David Alvarez District 80 Senate Leadership-Assistant Majority Whip Standing Committees •Agriculture •Budget and Fiscal Review •Governmental Organization •Housing •Natural Resources and Water •Revenue and Taxation Subcommittees •Chair, Budget Subcommittee #4 on State Administration and General GovernmentStanding Committees •Budget •Education •Insurance •Military and Veteran Affairs •Water, Parks, and Wildlife Subcommittees •Chair, Budget Subcommittee No. 3 on Education Finance Page 757 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Elimination of Toll-Only Operation of SR-125 Promote Chula Vista Bayfront Development Funding for Redevelopment of Harborside Park Funding for Grade Separations at Railroad/Transit Crossings Page 758 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 759 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 760 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Date: February 12, 2024 To: Honorable Mayor and Members of the City Council Via: Maria V. Kachadoorian, City Manager From: Adrianna Hernandez, Special Projects & Legislative Manager Re: State Route 125 South Bay Expressway REFERRAL On December 12, 2023, the City Council made a referral to the City Manager requested a report and update on the State Route 125 (SR 125) Toll Road also known as the South Bay Expressway (SBX). This memo will cover the history and development of the toll road section of the SR 125 and the City’s efforts to-date toward debt elimination and removal of tolls. BACKGROUND Since 1959, the toll road section of the SR 125 has been a planned part of the regional freeway network and in 1984, SANDAG added Route 125 to the 20-year Regional Transportation Plan (RTP), as part of the County’s future freeway system but without funding identified. According to public records, the need for SR 125 was driven by: 1) observed and expected population growth around the City of San Diego; 2) observed and expected commercial traffic growth in the southeast part of San Diego County, an area of expanding trade with Mexico at the Otay Mesa Port of Entry; and 3) observed and expected economic growth and activity in Chula Vista and Otay Mesa, which at the time were largely undeveloped. The SR 125 was expected to achieve the following goals: 1) complete a missing link in the San Diego freeway network; 2) reduce traffic congestion in the suburbs of San Diego including the City of Chula Vista, where significant population growth was expected; 3) reduce travel time by 34 percent from Otay Mesa to San Diego and by 75 percent in the reverse direction; 4) improve regional mobility in the South Bay; and 5) give residents and businesses access to employment centers on both sides of the U.S.-Mexico border. Due to lack of funding options, the road was pursued as a public-private partnership made possible by Assembly Bill (AB) 680. In 1989, the State Legislature approved Assembly Bill 680 which authorized Caltrans to enter into contractual agreements with private entities for the construction and operation of toll roads. This allowed the construction of the road earlier than anticipated by allowing the collection of tolls. This agreement also prohibited Caltrans from building any competing roads or improvements to the SR 125 Toll Road. In 1991, the State of California Department of Transportation (Caltrans) and California Transportation Ventures (CTV) signed a development franchise agreement (DFA) for the project, allowing CTV to finance and construct the toll road. The City partnered with Caltrans in 2003 and dedicated 270 acres of right-of-way to the State for the development of the SBX. This significant contribution was a cost savings to the project and critical to the public private partnership’s ability to fund and build the toll road. Page 761 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2 | P a g e During the 2006 legislative session, the legislature passed Senate Bill 463, which applied solely to SR 125, and states that SR 125 shall be subject to tolls for up to 45 years. The statute further provides that SANDAG, subject to certain terms and conditions, may operate the facility and collect tolls to pay for projects within the SR 125 corridor at the end of the franchise period. In November 2007, Caltrans entered into the SR 125 Tollway Lease with SBX LP leasing back the operational rights for a 35-year concession period through November 2042. The SR 125 Toll Road opened in 2007 as a ten-mile stretch of SR 125 that runs from Otay Mesa Road near State Route 905 to State Route 54. The highway provides quick and convenient travel choices between eastern Chula Vista, Downtown San Diego, East County, Sorrento Valley, Interstate 8, State Route 94, Otay Mesa, and Mexico. The SBX Project connects the only commercial port of entry in San Diego to the regional freeway network. The road also connects Otay Mesa, the largest area of industrial-zoned land in San Diego County, with eastern Chula Vista and points north and east. In 2010, CTV filed for bankruptcy and the San Diego Association of Governments (SANDAG) took advantage of a great opportunity to purchase the franchise from creditors, including the U.S. Department of Transportation, in December 2011 for $341.5 million (35 percent of construction cost). Acquiring the toll road with the intent of removing the tolls in future years meant SANDAG could reduce the number of additional lanes planned for Interstate 805 through the South Bay. South Bay agreed to swap regional TransNet dollars approved for construction of two reversible high-occupancy vehicle lanes on I-805 (valued at $212 million in 2010) for the acquisition of the SR 125 Toll Road. Overall, acquiring the toll road was intended to improve mobility by achieving the same level of service that is in the draft 2050 Regional Transportation Plan (RTP) 20 years earlier than planned and resulting in a net savings to the region of $265 million. This option also would mean Caltrans would not need to maintain two reversible high-occupancy vehicles lanes. Page 762 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 3 | P a g e Caltrans remains the owner of the SR 125 Toll Road and SANDAG operates, maintains, and tolls pursuant to an Amended and Restated Development Franchise Agreement (ARDFA) dated February 1, 2013 and until November 2042 when control and responsibility of the road will revert to Caltrans. Based on recent information shared by SANDAG, below is a chart of recent historical revenues and expenses. SR 125 FRANCHISE ACQUISITION FINANCING (SANDAG) The acquisition of the SR 125 Toll Road was initially made possible by loans and funding from TransNet, the regional half-cent sales tax for transportation administered by SANDAG, and by federal loans under the Transportation Infrastructure Finance and Innovation Act (TIFIA). Purchase Structure Cash Funding Source Cash Settlement $247.5 million $55.5 million: TransNet Loan (not including investment banking services fee) (Reimbursed with Toll Revenues) $192 million: TransNet Project Swap after operations trial period (No reimbursement to TransNet) * TIFIA Note $92.5 million Toll Revenues Series D $1.4 million Toll Revenues Total $341.5 million * The 2010 value of the two reversible HOV lanes project on I-805 was $212 million. This was adjusted to $192 million to account for the expenditure of $20 million for environmental and design work completed. Page 763 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 4 | P a g e On November 21, 2017, SANDAG issued $194 million toll revenue bonds to refinance indebtedness incurred in connection with the acquisition of SR 125. Proceeds from the 2017 bond issuance together with other available funds were used to refund all outstanding TIFIA and TransNet notes . By securing a more conservative level debt service structure, SANDAG will save more than $147 million over the 26-year life of the loans. Toll revenue is dedicated to repay these loans, as well as the cost of daily operations, maintenance, and capital improvements. Page 764 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 5 | P a g e As of July 1, 2023, the debt outstanding is $167.2 million. An annual debt service chart is provided below. The annual payment on the bonds is level at about $13.8 million through final maturity in FY 2043. Page 765 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 6 | P a g e TOLL IMPACTS The SR 125 Toll Road is currently the only toll road in San Diego County. The existing tolls place an undue and disproportionate burden on South Bay users and hinder the City’s economic development activity in areas such as business attraction and retention. In addition, the new U.S./Mexico border crossing in Otay Mesa connects to SR 125 via SR 905. The new crossing is expected to open in 2024 and is an important connector for people and goods movement. Based on SANDAG data, 84 percent of toll trips start or end at Chula Vista residences and businesses. With average annual toll revenues of over $40 million, Chula Vista residents and businesses conservatively pay more than $30 million in tolls/fines annually and since the toll road opened, have paid over $500 million to support its construction, operation, and maintenance. Even though SANDAG has been able to lower the tolls after refinancing of the debt in 2017 and while there is consistent usage of the toll road and positive cash flow, the full use of the facility has not been a chieved. Additionally, the projected congestion relief on other highways and streets has not materialized. Today Chula Vista city streets are significantly impacted with traffic during the morning and afternoon commutes as drivers head west to take Interstates 805 and 5. TOLL REMOVAL EFFORTS There are three agencies connected to the operation of SR 125 Toll Road: City of Chula Vista, SANDAG, and Caltrans. Actions by each of the agencies is required to eliminate tolls on SR 125: 1) SANDAG and Caltrans would have to support actions to retire SR 125 toll road debt and transition to away from a toll-only state highway; 2) Funding would be needed for the delta between SANDAG reserves and outstanding bond balance in fiscal year 2026-27; and 3) Caltrans would need to assume control of the road before end of franchise lease. Page 766 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 7 | P a g e Over the past couple of years, the City has been making incremental steps toward these goals in collaboration with Caltrans, SANDAG and the State Legislature. At the March 26, 2021, SANDAG Board of Directors meeting, former Board Member and Chula Vista Mayor Mary Casillas Salas requested that the Audit Committee direct the Office of the Independent Performance Auditor (OIPA) to perform an audit on SR 125 Toll Road. Specifically, Mayor Salas’s request included the period covering 2017 to 2020 to determine the following: • A review all positions charged to the SR 125 Fund. • Determination of personnel costs being charged to the SR 125 fund and if the charges are reasonable and appropriate. • Determination if there is an appropriate allocation of CalPERS and OPEB pension cost allocated to the SR 125 Fund. • A review of overhead allocations attributed to the SR 125 Fund to determine appropriate share of costs. • Identification of expenditures of SR 125 funds for allocations to CIP projects outside of the SR 125 site and if the use was appropriate. • Determination of proper allocation of interest earned to the SR 125 Fund. After reviewing the request, the IPA determined that they would conduct a review to provide all the requested information. The OPIA issued its report in October 2021 (Attachment 1). This was only a review; the office did not perform an audit and therefore no opinion was expressed. In January 2022, the Chula Vista City Council adopted a Resolution 2022-030 (Attachment 2) requesting SANDAG exercise its option to pay off SR 125 Toll Road debt in 2027 and take all other actions necessary to revert control of the SR 125 to Caltrans in 2027. Around the same time, City staff, together with our legislative consultants at Nielsen Merksamer, began engaging with former Senator Ben Hueso regarding legislation and funding needed to retire the debt on the SR 125 Toll Road. Former Senator Hueso introduced SB 1169 which would have amended state law to remove the authority SANDAG currently has to assess tolls upon debt elimination. The bill also sought funding to assist SANDAG with gap funding which at the time was $35 million. Although the bill did not make it out of committee, $20 million in state funding was secured through the State Budget for SANDAG specifically to reduce the outstanding bond balance of the SR 125 Fund to support efforts to eliminate bond debt by 2027. SANDAG has confirmed they have received these funds and are being held in a restricted reserve accruing interest. In response to an inquiry by Board Member Carolina Chavez, SANDAG officials reported interest earnings totaling $85,581 for fiscal year 2023-24 thus far. In fiscal year 2026-27, SANDAG will have its first opportunity to call its current bonds. If the debt is eliminated early, SANDAG would save over $73 million in borrowing costs from 2027 through 2042 and tolling would no longer be required. The franchise agreement could be terminated early and control and maintenance responsibility reverted to Caltrans. According to the most recent data provided by SANDAG, it is estimated there will be a $19.3 million gap between the payoff amount and projected cash balances in 2027. This is after application of the $20 million in state funding that is being held by SANDAG. Page 767 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 8 | P a g e At SANDAG’s May 27, 2022, Board of Directors meeting former Board Member and Chula Vista Mayor Mary Casillas Salas requested a future agenda item be scheduled to consider a proposed resolution to eliminate debt and toll-only operations on SR 125 as early as 2027. The resolution was presented to the Board of Directors on July 8, 2022, where it was adopted unanimously by the members present. The resolution affirmed the Board’s policy directives, among them: 1. Declared that elimination of debt and toll-only operations on the SR 125 is a priority; 2. Supported efforts to evaluate alternatives to toll-only operations (including managed lanes) for the SR 125; 3. Supported controlling planned operating and capital expenses in order to increase available reserve cash balances sufficient to retire the outstanding bond debt or minimize the need for additional funds to retire the remaining bond balance; 4. Supports collaborating with the City of Chula Vista and Caltrans regarding Senate Bill 1169; and 5. Directed staff to conduct a Comprehensive Multimodal Corridor Plan to analyze future options for the SR 125, develop a plan to pay off outstanding debt as early as 2027, make the SR 125 consistent with the Regional Plan, and develop strategies to revert control of the SBX to Caltrans following debt retirement. ONGOING OPERATIONAL CHALLENGES Operation of the SR 125 toll facilities has had its challenges throughout the years with concerns over tolling equipment, accuracy of tolling transactions, and overall effectiveness of several contractors working on the tolling operation. Several media stories below detail some of the concerns: www.sandiegouniontribune.com/local/story/2022-04-19/bay-toll-stations-sandag https://timesofsandiego.com/politics/2023/11/17/thousands-mischarged-on-the-125-south-bay-toll- road-fired-sandag-exec-alleges-in-suit/ Page 768 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 9 | P a g e www.sandiegouniontribune.com/news/watchdog/story/2023-12-13/vargas-other-sandag-board- leaders-promise-action-on-flawed-state-route-125-toll-system www.sandiegouniontribune.com/news/watchdog/story/2024-01-12/sandag-brings-in-new-contractor- to-take-over-south-bay-expressway-tolling-contract STATUS OF SANDAG BOARD DIRECTIVES AND NEXT STEPS The elimination of debt and toll-only operations of the SR 125 Toll Road is currently the City’s top priority in the 2023-2024 Legislative Platform. City staff had been working with SANDAG on the procurement of a contractor to develop a Comprehensive Multimodal Corridor Plan and conduct a toll analysis. This work is on pause until next year to allow for the transition of the back-office system. City staff also will continue working with Caltrans to better understand any issues or concerns related to the early termination of the franchise agreement and reversion of operations and maintenance responsibility to the state. Caltrans has raised concerns about the unforeseen costs of maintaining the road about 15 years earlier than anticipated. These efforts may result in further requests for assistance from the state. ATTACHMENTS 1. OIPA Report- October 2021 2. City Follow Up Letter to OIPA Report (12-13-2021) 3. City Council Resolution 2022-030 4. SANDAG Resolution 2023-022 5. SANDAG 2025 Regional Plan- Initial Concept (SANDAG in process of modifying) Page 769 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda THE OFFICE OF THE INDEPENDENT PERFORMANCE AUDITOR October 22, 2021 Chair Zito, SANDAG Audit Committee Mayor Casillas Salas, SANDAG Board of Directors Member Subject: Independent Performance Auditor’s Report on Applying Agreed Upon Procedures for SR 125 Dear Chair Zito and Mayor Casillas Salas: As a member of the SANDAG Board of Directors, you requested that the Office of the Independent Performance Auditor (OIPA) review all monies collected and expended by the SR 125 Fund in 2017 through 2020 and determine whether they were reasonable, appropriate, and proportionately allocated. The request resulted from efforts to find additional savings that could be applied toward paying off related debt earlier than currently scheduled. Objective The overall objective of this Agreed-Upon Procedures (AUP) engagement is to determine whether SR 125 Fund charges and expenditures from July 1, 2017 to June 30, 2020 are appropriate, reasonable, and proportionately allocated. This AUP engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. The sufficiency of these procedures is solely the responsibility of those parties specified in this report. The OIPA makes no representation regarding the sufficiency of the procedures for the purpose of which this report has been requested or for any other purpose. This AUP does not constitute an audit, and we do not express an opinion on the specified elements, accounts, or items. In addition, we have no obligation to perform any procedures beyond those listed in the report that were designed to address your request. Page 770 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Mayor Casillas Salas SANDAG Board of Directors Member Agreed Upon Procedures SR-125 Results October 22, 2021 AN EMPHASIS ON ACCOUNTABILITY AND TRANSPARENCY Page 2 of 12 Procedure s and Results Auditors performed procedures to obtain the information for the six specific items requested in your memo. The results of these procedures, as well as any professional judgements the auditors rendered regarding the appropriateness and reasonability of allocations or charges, are presented after each procedure. Request Item 1 : Identify all positions charged to the SR 125 Fund. Procedure : Auditors identified the positions charged to SR 125 from payroll files provided by SANDAG. Results: Table 1 below shows the number of employees working at the Toll Operations Center (TOC), as well as the number of employees working at other locations who charged time to the SR 125 Fund. Table 1 – Employees Billed to SR 125 Fund Fiscal Year 2018 Fiscal Year 2019 Fiscal Year 2020 Employees Located at TOC1 72 75 73 Employees at Other Locations who Charged Time to SR 125 65 74 78 Employees working on SR 125 are located at TOC, whereas employees who work at other locations only devote a portion of their time to SR 125 matters. The figures shown in Table 1 do not include temporary employees whose costs were billed to the SR 125 Fund. Temporary employees were hired through staffing companies, and their costs are included in Table 2. 1 Note that these figures may be overstated due to a limitation in SANDAG’s hiring and payroll system: Employees who initially worked at TOC but later transferred to other locations retain TOC as their coded work location. However, OIPA confirmed that the status does not impact the cost element of SR125. Page 771 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Mayor Casillas Salas SANDAG Board of Directors Member Agreed Upon Procedures SR-125 Results October 22, 2021 AN EMPHASIS ON ACCOUNTABILITY AND TRANSPARENCY Page 3 of 12 Request Item 2: Determine all personnel costs being charged to the SR 125 Fund and if the charges are reasonable and appropriate. Procedure: Auditors totaled all personnel costs charged to the SR 125 Fund from payroll files provided by SANDAG. Auditors compared personnel costs to those reported in South Bay Expressway’s2 audited financial statements to determine if charges are reasonable and appropriate; as a reminder, auditors did not perform an audit on documents provided by SANDAG management or staff. Results: Table 2 below presents labor expenses charged to the SR 125 Fund for SANDAG employees working at the TOC and at other SANDAG locations. It also identifies expenses for temporary employees who are hired through staffing agencies, as well as labor charges that are capitalized. Table 2 – Labor Costs Charged to the SR 125 Fund Fiscal Year 2018 Fiscal Year 2019 Fiscal Year 2020 Labor Expenses for Employees at TOC $4,595,117 $5,111,477 $5,274,630 Labor Expenses for Employees at Other Locations $790,603 $1,089,112 $1,693,846 Costs for Temporary Employees $262,086 $176,614 $72,958 Capitalized Labor Charges $494,513 $532,497 $438,466 Labor expenses for SANDAG employees include salaries and fringe benefits. Fringe benefits 2 Although SR125 and the South Bay Expressway differ, their financial information is similar in that the financial statements are prepared and audited separately before being combined into SANDAG's financial statements as enterprise funds. Page 772 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Mayor Casillas Salas SANDAG Board of Directors Member Agreed Upon Procedures SR-125 Results October 22, 2021 AN EMPHASIS ON ACCOUNTABILITY AND TRANSPARENCY Page 4 of 12 encompass pension and other postemployment benefit costs, and they are addressed in the procedure for Request Item 3. According to SANDAG management, temporary employees are mainly used to support the customer service and toll operations work areas. Temporary employees frequently fill positions for regular employees who have taken a leave of absence, and also fill vacant positions until permanent candidates are hired. Less frequently, temporary employees are retained to help address increases in administrative workload and clear work backlogs. While employee salaries and related costs are usually classified as period costs according to generally accepted accounting principles, they can be classified as capital costs if they are related to the construction of an asset. In such a case, these costs are not expensed; rather, they are added to the cost of the asset, and later depreciated over the life of the asset. Table 3 compares the figures in Table 2 to those from audited financial statements for the SR 125 Fund. Table 3 – Variance Between Payroll and Financial Statement Figures for Labor Costs Charged to the SR 125 Fund Fiscal Year 2018 Fiscal Year 2019 Fiscal Year 2020 Payroll and Other Compensation Expenses (per Audited Financial Statements) $6,106,156 $6,705,241 $7,698,183 Totals from Payroll files $6,142,319 $6,909,700 $7,479,901 Variance amount $36,163 $204,459 $218,282 Variance percentage 0.6% 3.0% 2.9% While there are variances between the total amounts in the payroll files and the audited Page 773 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Mayor Casillas Salas SANDAG Board of Directors Member Agreed Upon Procedures SR-125 Results October 22, 2021 AN EMPHASIS ON ACCOUNTABILITY AND TRANSPARENCY Page 5 of 12 financial statements, these differences can be explained by timing differences3. Based on the auditors’ review of payroll files, the comparison in Table 3, and discussions with SANDAG management, it appears that personnel costs charged to SR 125 are appropriate. 3 The start and end dates for the first and last pay period in a fiscal year generally do not coincide with the start and end dates of the fiscal year. A payroll period is two weeks long and runs from Sunday to Saturday. The start and end dates for SANDAG’s fiscal year are July 1 and June 30, respectively. Page 774 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Mayor Casillas Salas SANDAG Board of Directors Member Agreed Upon Procedures SR-125 Results October 22, 2021 AN EMPHASIS ON ACCOUNTABILITY AND TRANSPARENCY Page 6 of 12 Request Item 3: Determine appropriate allocation of CalPERS and Other Post-Employment Benefit (OPEB) pension cost allocated to the SR 125 Fund. Procedure: Auditors totaled fringe benefit amounts (which include pension and OPEB costs) from payroll reports provided by SANDAG, reviewed fringe benefit rates, and reviewed audited financial statements and related actuarial reports. Results: Table 4 below presents fringe benefit costs charged to the SR 125 Fund for employees working at the TOC and at other SANDAG locations. Table 4 – Fringe (Pension and OPEB ) Costs Charged to the SR 125 Fund Per Payroll Reports Fringe Rate or Range Percentage of Fringe Benefits Paid at This Rate Fringe Amount Fiscal Year 2018 5.36% - 28.70% 0.44% $9,324 67.47% - 67.66% 22.37% $474,000 73.67% - 73.68% 77.19% $1,635,155 $2,118,479 Fiscal Year 2019 1.80% - 42.39% 0.68% $17,924 75.71% - 76.47% 24.56% $645,973 88.68% 74.75% $1,965,859 $2,629,756 Fiscal Year 2020 1.51% - 40.95% 0.08% $2,295 75.65% - 75.76% 29.87% $855,985 88.29% - 88.39% 70.05% $2,007,737 $2,866,018 Although the audited financial statements for SR 125 (AKA and titled SBX) include payroll and other compensation expenses, these expenses are aggregated and do not separately show pension and OPEB payments. Page 775 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Mayor Casillas Salas SANDAG Board of Directors Member Agreed Upon Procedures SR-125 Results October 22, 2021 AN EMPHASIS ON ACCOUNTABILITY AND TRANSPARENCY Page 7 of 12 Management also provided us with two actuarial reports for SANDAG. The first is GASB No. 75 Actuarial Valuation that pertains to OPEB liabilities, and the second is GASB No. 68 Actuarial Valuation that pertains to pension liabilities. GASB No. 75 report was prepared by an actuarial consulting firm, and GASB No. 68 report is issued by CalPERS. These reports are required by the respective Government Accounting Standards Board (GASB) statements. SANDAG management also provided the OIPA’s office with supporting schedules for those reports. However, a review of these schedules was not possible due to the budget hours allotted for this AUP engagement. Based on the auditors’ review and assuming the unaudited Indirect Cost Rate Proposal (ICRP) and Overhead rate calculations are accurate and reliable, the fringe benefit amounts appear appropriate. Request Item 4: Review overhead allocations to the SR 125 Fund to determine appropriate share of costs. Procedure: Auditors reviewed payroll reports provided by SANDAG, totaled overhead costs, and verified overhead rates charged to the SR 125 Fund. Results: Table 5 below presents overhead costs charged to the SR 125 Fund for employees working at the TOC and at other SANDAG locations. Table 5 – Overhead Cost Allocations Charged to the SR 125 Fund Fiscal Year 2018 Fiscal Year 2019 Fiscal Year 2020 Overhead Expenses4 $267,890 $434,268 $692,552 4 The payroll files provided by SANDAG showed overhead charges for eleven employees located at the TOC. The OIPIA’s office reviewed these charges to understand why there were overhead charges associated with employees working at the TOC. Eight of these employees had worked at the TOC but later moved to different positions at other SANDAG locations; the remaining three were managers who had divided their time between the TOC and other locations. SANDAG’s current payroll system is not configured to recode employees who initially worked at TOC but later transfer to other locations. Page 776 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Mayor Casillas Salas SANDAG Board of Directors Member Agreed Upon Procedures SR-125 Results October 22, 2021 AN EMPHASIS ON ACCOUNTABILITY AND TRANSPARENCY Page 8 of 12 Overhead rates represent an allocation of general and administrative costs. According to SANDAGs’ management, they are computed as a fixed percentage of an employee’s hourly pay (excluding fringe benefits). As noted below, the TOC is specifically excluded from the ICAP. However, SANDAG uses the same overhead rate as the Indirect Cost Allocation Plan (ICAP) for purpose of internal cost recovery. The overhead rates in the ICAP for fiscal years 2018, 2019, and 2020 were 76.87 percent, 78.26 percent, and 78.65 percent, respectively. The OIPA’s office verified that these were the rates used in the payroll file w hich SANDAG provided. Note that most indirect costs that SANDAG recovers are through reimbursements from federal grants. To recover indirect costs, SANDAG is required to prepare and submit an ICAP. The ICAP establishes indirect cost rates – which encompass employee pension and benefit costs – and provides a detailed report of SANDAG’s methodology for calculating indirect costs. The ICAP is intended to ensure compliance with federal cost allocation requirements. In the past, the ICAP has been self-prepared and reported, reviewed, and approved by the California Department of Transportation (Caltrans), but it has not been audited by Caltrans or another external party. The ICAP was identified as a high-risk area during the organization-wide risk assessment conducted by the OIPA and included in the FY 2021 annual audit plan. Although the OIPA did not have sufficient resources to audit the ICAP this fiscal year, SANDAG management informed the OIPA that the Federal Transit Administration is currently auditing the ICAP. Based on the auditors’ review of overhead charges, these charges appear appropriate. Page 777 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Mayor Casillas Salas SANDAG Board of Directors Member Agreed Upon Procedures SR-125 Results October 22, 2021 AN EMPHASIS ON ACCOUNTABILITY AND TRANSPARENCY Page 9 of 12 Request Item 5: Identify expenditures and compliance for allocations to CIP projects outside of the SR 125 site, if any. Procedure: Auditors reviewed budget documents, expenditure reports, and project agreements for Capital Improvement Projects (CIP) allocated to the SR 125 Fund. Results: SANDAG management provided auditors with a listing of five projects funded from SR 125 revenues, as well as a summary of expenditures from these projects. As a reminder these projects and associated cost were not audited by OIPA. These projects are presented in Table 6. Table 6 – Capital Improvement Project Costs Charged to the SR 125 Fund Project No. Project Name Budgeted Funding from SR 125 Revenues Total Expended5 1130102 Financial System Upgrade – Contract Management System $50,000 $37,332 1142600 Joint Transportation Operations Center 1,553,000 $64,382 1201103 SR 11 and Otay Mesa East Port of Entry: Segment 2A and SR 905/125/11 Southbound Connectors Construction $16,700,000 $5,324,410 1280504 South Bay Bus Rapid Transit (BRT) $6,500,000 $6,500,000 1390505 SR 905/125/11 Southbound Connector $19,200,000 $5,893,951 5 As of June 30, 2020. Page 778 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Mayor Casillas Salas SANDAG Board of Directors Member Agreed Upon Procedures SR-125 Results October 22, 2021 AN EMPHASIS ON ACCOUNTABILITY AND TRANSPARENCY Page 10 of 12 CIP projects are funded by a combination of federal, state, and local revenues. Federal grants and some state funding programs impose a matching requirement on grant recipients. The matching requirement obligates recipients to contribute a percentage of project costs as a condition of grant funding. Table 7 shows the percentage of funding from SR 125 revenues for each project as a percentage of total project cost.6 Table 7 – Perc entage of Capital Improvement Project Costs Budgeted From the SR 125 Fund Project No. Project Name Budgeted Funding from SR 125 Revenues Total Project Cost Percent from SR 125 1130102 Financial System Upgrade – Contract Management System $50,000 $1,052,000 4.8 % 1142600 Joint Transportation Operations Center $1,553,000 $14,518,000 10.7 % 1201103 SR 11 and Otay Mesa East Port of Entry: Segment 2A and SR 905/125/11 Southbound Connectors Construction $16,700,000 $132,047,000 12.6 % 1280504 South Bay Bus Rapid Transit (BRT) $6,500,000 $123,672,000 5.3 % 1390505 SR 905/125/11 Southbound Connector $19,200,000 $68,947,000 27.8 % For several federal funding programs, the State’s role is to simply pass federal funds to local agencies through grants or according to apportionment formulas. However, on some CIP projects, the State receives local funds from SANDAG. A Master Agreement between SANDAG and Caltrans provides a framework for collaborative agreements between the two 6 Note that the percentages in Table 7 do not correspond to federal match requirements, as additional local funding may also be provided by other local agencies or from other SANDAG sources. Page 779 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Mayor Casillas Salas SANDAG Board of Directors Member Agreed Upon Procedures SR-125 Results October 22, 2021 AN EMPHASIS ON ACCOUNTABILITY AND TRANSPARENCY Page 11 of 12 agencies. The Master Agreement allows for the transfer of funding between the two agencies and defines the working relationship between them. Specific agreements are effected through Project Implementation Orders. According to SANDAG management, grants that impose a matching requirement on SANDAG do not specify SANDAG’s revenue source. OIPA auditors attempted to gather evidence that supports the percentage allocated to SR125 and was unable to obtain support. According to SANDAG management the proportion of funding allocated to the SR 125 Fund and other SANDAG revenue sources is a SANDAG management decision, made within funding eligibility requirements and based on levels of funding available.7 SANDAG’s compliance with federal grant funding requirements is audited annually as part of SANDAG’s Comprehensive Annual Financial Report audit. Auditors reviewed these audit reports and noted no compliance issues. Request Item 6: Determine proper allocation of interest earned to the SR 125 Fund. Procedure : Auditors reviewed budget documents and audited financial statements. Results: Interest income for fiscal yeas 2018, 2019, and 2020 is show in Table 8. Table 8 – Interest Earned by SR 125 Fund Fiscal Year 2018 Fiscal Year 2019 Fiscal Year 2020 Interest Income as Reported on the South Bay Expressway’s Audited Financial Statements $1,077,968 $1,856,826 $1,310,907 SANDAG’s management asserted that the SR 125 Fund does not allocate its interest income 7 The decision is implicitly approved by SANDAG’s Board of Directors (Board) when the Board approves SANDAG’s Program Budget. Page 780 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Mayor Casillas Salas SANDAG Board of Directors Member Agreed Upon Procedures SR-125 Results October 22, 2021 AN EMPHASIS ON ACCOUNTABILITY AND TRANSPARENCY Page 12 of 12 to other locations; that interest income generated by SR 125 bank and trustee accounts is entirely allocated to the SR 125; and that the SR 125 cash is segregated to the specific roadway alone. All interest income generated stays in the trustee and bank accounts and is utilized for future purchases solely related to the SR 125 roadway. Restricted use: This report is intended solely for the information and use as determined by the Mayor Casillas Salas and the SANDAG Board of Directors and is not intended to be and should not be used by anyone other than the specified parties. The OIPA would like to thank the Chief Executive Officer, Hasan Ikhrata and SANDAG management and staff for their professionalism, responsiveness, and cooperation during this inquiry. If you have additional questions, please contact me at (619) 595-5323 or mary.khoshmashrab@sandag.org. Respectfully, MARY E. KHOSHMASHRAB, MSBA, CPA Independent Performance Auditor Office of the Independent Performance Auditor SANDAG cc: Members of the Board of Directors (SANDAG) Members of the Audit Committee (SANDAG) Hasan Ikhrata, Executive Director (SANDAG) Andre Douzdjian, Chief Financial Officer (SANDAG) OIPA Files/Website Page 781 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 782 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 783 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: B008OC72-30D4-43BC-8362-9AEB9A217CE6 RESOLUTION NO. 2022-030 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA REQUESTING THAT THE SAN DIEGO ASSOCIATION OF GOVERNMENTS' EXERCISE ITS OPTION TO PAY OFF SR-125 TOLL ROAD DEBT IN 2027 AND TAKE ALL OTHER ACTIONS NECESSARY TO REVERT CONTROL OF THE SR-125 TO THE CALIFORNIA DEPARTMENT OF TRANSPORTATION IN 2027 FOR ITS OPERATION AS A FREEWAY WHEREAS, opened in 2007, South Bay Expressway(SBX) Toll Road is a ten-mile stretch of State Route 125 (SR 125) that runs from Otay Mesa Road near State Route 905 to SR 54; and WHEREAS, the San Diego Association of Governments (SANDAG) purchased the SR- 125 franchise from Creditors, including the U.S. Department of Transportation, following bankruptcy in December 2011; and WHEREAS, the SBX owned by Caltrans and leased by SANDAG, operates as a toll road pursuant to the Amended and Restated Development Franchise Agreement (ARDFA) with the State of California, which is the agreement governing the day-to-day operations; and WHEREAS, currently, under the ARDFA, control of SBX will revert to Caltrans in November of 2042; and WHEREAS, South Bay residents gave up expansion of the 1-805 when SANDAG purchased the SBX, making it the only toll road in the County of San Diego; and WHEREAS,in Fiscal Year 2027, SANDAG will have an opportunity to call its debt bonds; and WHEREAS, existing tolls place an undue and disproportionate burden on South Bay users and hinder the City's economic development activity in areas such as business attraction and retention; and WHEREAS, the SBX connects the only commercial port of entry in San Diego and Otay Mesa, the largest area of industrial-zoned land in San Diego County, to the regional freeway network, therefore making the elimination of tolls a benefit to the region, state, and nation; and WHEREAS, the SANDAG Board has the authority to make the retirement of the debt a budgetary priority and goal because any other system, other than elimination of tolls, would place undue burden to the South Bay and would further exacerbate the inequities in our community. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Chula Vista requests that the San Diego Association of Governments' exercise its option to pay off SR- 125 Toll Road debt in 2027 and take all other actions necessary to revert control of the SR-125 to the California Department of Transportation in 2027 for its operation as a freeway. Page 784 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda DocuSign Envelope ID: B008OC72-30D4-43BC-8362-9AEB9A217CE6 Resolution No. 2022-030 Page No. 2 Presented by Approved as to form by DocuSigned by: DocuSigned by: E,0626FD7C0386456...CF406508504446F... Mary Casillas Salas Glen R. Googins Mayor City Attorney PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 25th day of January 2022 by the following vote: AYES: Councilmembers:Cardenas,Galvez,McCann,Padilla and Casillas Salas NAYS: Councilmembers: None ABSENT: Councilmembers: None DocuSigned by: 062BFD7C0386456... Mary Casillas Salas, Mayor ATTEST: E 3DocuSig1ned by: c.. 3074D104EAF342E... Kerry K. Bigelow, MMC, City Clerk STATE OF CALIFORNIA COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA I, Kerry K. Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2022-030 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 25th day of January 2022. Executed this 25th day of January 2022. EDocuSigned by: I, 30746104FAF342F... Kerry K. Bigelow, MMC, City Clerk Page 785 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 401 B Street, Suite 800 San Diego, CA 92101 Phone (619) 699-1900 Fax (619) 699-1905 sandag.org Resolution No. 2023-22 Resolution of the San Diego Association of Governments (SANDAG) Declaring Support of Eliminating the Debt and Toll-only Operations on the SR-125 by 2027 WHEREAS, the South Bay Expressway (SBX) Toll Road, opened in 2007, is a ten-mile stretch of State Route 125 (SR-125) that runs from Otay Mesa Road near State Route 905 to SR 54; and WHEREAS, the San Diego Association of Governments (SANDAG) purchased the SR-125 franchise from creditors, including the U.S. Department of Transportation, following bankruptcy in December 2011; and WHEREAS, the SBX, owned by Caltrans and leased by SANDAG, operates as a toll road pursuant to the Amended and Restated Development Franchise Agreement (ARDFA) with the State of California until 2042, which is the agreement governing the day -to-day operations; and WHEREAS, purchasing the toll road with the intent of removing the tolls in future years meant SANDAG could reduce the number of additional lanes planned for Interstate 805 through the South Bay and instead divert that savings to the purchase of the toll road; and WHEREAS, the City of Chula Vista (City) partnered with the State of California and Caltrans in 2003 and dedicated 270 acres of right-of-way to the State for the development of SR-125; and WHEREAS, per ARDFA Section 11.4, SANDAG has the obligation to arrange for retirement of the debt and will have an opportunity to call its debt bonds and eliminate toll-only operations as early as 2027; and WHEREAS, it is important that toll-only facilities not place an undue and disproportionate burden on South Bay users or hinder the City's economic development activity in areas such as business attraction and retention; and WHEREAS, the new U.S./Mexico border crossing in Otay Mesa facilitates more than $53 0 billion in bilateral trade on an annual basis; and WHEREAS, the new U.S. border crossing will connect to State Route 11 immediately south of the SBX and is anticipated to reduce wait times throughout the San Diego regional U.S./Mexico border crossing network, supporting further economic integration and activity in the border region; and WHEREAS, a reliable north-south freeway corridor with toll free options will contribute to the bilateral trade with Mexico while providing social justice, environmental and financial benefits to the region, state and country; and WHEREAS, the SANDAG Board of Directors has the authority to make the retirement of the debt a budgetary priority and goal. Page 786 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda NOW, THEREFORE, BE IT RESOLVED, that the SANDAG Board of Directors: 1. Prioritizes principles of the Regional Plan and California State Transportation Agency’s Climate Action Plan for Transportation Infrastructure on the SR-125 2. Declares that elimination of debt and toll-only operations on the SR-125 is a priority; 3. Supports efforts to evaluate alternatives to toll-only operations (including managed lanes) for the SR-125; 4. Supports controlling planned operating and capital expenses in order to increase available reserve cash balances sufficient to retire the outstanding bond debt or minimize the need for additional funds to retire the remaining bond balance; 5. Supports collaborating with the City of Chula Vista and Caltrans on these efforts; and 6. Hereby directs staff to conduct a Comprehensive Multimodal Corridor Plan to analyze future options for the SR-125, develop a plan to pay off outstanding debt as early as 2027, make the SR-125 consistent with the Regional Plan, and develop strategies to revert control of the SBX to Caltrans following debt retirement. PASSED AND ADOPTED this 8th of July 2022. Attest: Chair Secretary Member Agencies: Cities of Carlsbad, Chula Vista, Coronado, Del Mar, El Cajon, Encinitas, Escondido, Imperial Beach, La Mesa, Lemon Grove, National City, Oceanside, Poway, San Diego, San Marcos, Santee, Solana Beach, Vista, and County of San Diego. Advisory Members: California Department of Transportation, Metropolitan Transit System, North County Transit District, Imperial County, U.S. Department of Defense, Port of San Diego, San Diego County Water Authority, Southern California Tribal Chairmen’s Association, and Mexico. Page 787 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda 2025 Regional Plan Project Type Glossary Arterial Improvement Helps a high-traffic neighborhood street connect to a freeway more efficiently. Bus Layover Designated area where buses can wait between trips so drivers can take breaks, and where vehicles can be fueled, charged, or cleaned. Circulator Route A bus that comes frequently and stops at major local destinations in a specific area. Connector A ramp that connects one highway to another. Direct Access Ramp (DAR) A special highway entrance where buses, carpoolers, or people who pay a toll can directly enter managed lanes without having to merge from the right side. Express Route Bus routes that connect suburban areas to major urban centers that have very few stops at major destinations. Highway Intersection Improvements Improves safety, and traffic flow in places where a highway crosses a major road. Highway Straightening Removes curves from highways. Interchange Where a freeway and a major road or other freeway cross each other. LOSSAN Improvements Making the railway that connects San Diego to Los Angeles and San Luis Obispo safer, faster and more efficient. Local Route A bus route that travels around neighborhoods that are near one another. Managed Lanes (ML) Separated highway lanes set aside for multi-passenger transportation like buses or carpools, or for people who pay a toll. Managed Lane Connector Ramps that connect managed lanes on different freeways. Microtransit On-demand public shuttle service for short trips within a neighborhood. Mobility Hub An area where different types of transportation connect easily (ex. public transit, bike lanes, or shuttles) to housing and commercial areas. Multimodal Corridor Improvements Projects that make all transportation on the same route more efficient, including walking, biking, transit, trains, and/or vehicles. Neighborhood Electric Vehicle (NEV) Service Small, on-demand electric shuttle available for short trips in a small area (ex. FRED San Diego). Otay Mesa East Port of Entry (OME POE) A new U.S./Mexico border crossing. Purple Line Future transit route connecting the border region to University Town Center (UTC) and Sorrento Mesa. Rapid Bus A bus route that gets priority in high-traffic areas to speed up trips. Reversible Managed Lanes A managed lane that can change traffic direction depending on the time of day or traffic conditions. Shoulder Widening Project that widens pavement on the side of a freeway for safety in case of emergencies. Train and Trolley Improvements (ex. on the Blue, Green, or Orange Line, SPRINTER, or COASTER) Projects that make rail trips more efficient: for example, separating rail tracks from car traffic with a bridge. 1Page 788 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Initial Concept for the Draft 2025 Regional Plan: San Diego Region 83 14 71 46 1 1 2 10 4 3 12 38 2 27 4133 36 10899 95 37 42 2831 43 107 97 98 34 35 102 67 89 54 105 29 26 109 106 30 4445 94 48 92 86 62 70 110 79 24 45 82 17 17 18 72 47 39 50 53 59 65 113 77 8 25 8 7 101 100 23 7 44 9 8 15 15 15 15 5 63 64 52 75 49 56 60 61 55 93 16 1616 6 11 19 22 88 90 13 76 104 15 58 10 96 68 91 45 83 5166 5774 82 80 85 84 81 78 69 73 21 40 87 103 111 112 20 32 S22 S22 S2 S2 DRAFT 0 4 8 12 16 KI LOM ETERS 0 3 6 9 12 M I LES Riverside County Orange County ytnuoC lairepmIUNITED STATES MEXICO Chula Vista Coronado Del Mar Encinitas Escondido Imperial Beach Oceanside County of San Diego San Diego Solana Beach Vista LemonGrove National City LaMesa Carlsbad San Marcos Poway Santee El Cajon Camp Pendleton Alpine Boulevard Campo Descanso Dulzura Jacumba Jamul Mount Laguna Pine Valley Potrero Tecate Bonsall Borrego Springs Fallbrook Lakeside Ramona Santa Ysabel Valley Center Warner Springs Julian Spring Valley Tijuana, B.C. Tecate, B.C. Bonita Manzanita Reservation Ewiiaapaayp Reservation La Posta Reservation Sycuan Reservation Barona Reservation Capitan Grande Reservation Inaja - Cosmit Reservation Mesa Grande Reservation Santa Ysabel Reservation San Pasqual Reservation Rincon Reservation Pala Reservation Pechanga Reservation Los Coyotes Reservation Pauma and Yuima Reservation La Jolla Reservation Viejas Reservation Jamul Indian Village Campo Reservation By 2035 2036-2050 Microtransit and NEV Service Areas 1 I-5 Managed Lanes 2 I-15 Managed Lanes 3 I-805 Managed Lanes 4 I-8 Managed Lanes 5 SR 52 Managed Lanes* 6 SR 94 Managed Lanes 7 SR 56 Managed Lanes 8 SR 78 Managed Lanes 9 SR 163 Managed Lanes See reverse for Additional Map Information | * Includes addition of truck climbing lane 10 SR 54 Managed Lanes 11 SR 905 Managed Lanes 12 SR 125 Managed Lanes 13 SR 11 Roadway Connection to Otay Mesa East POE 14 SR 67 Improvements 15 SR 76 Safety & Operational Improvements 16 I-8 Interchange Improvements 17 SR 79 Intersection Improvements 18 SR 79 Shoulder Widening 19 SR 94 Shoulder Widening/ Straightening 20 SR 125/SR 94 Interchange/ Arterial Improvements 21 I-5/SR 78 Interchange/ Arterial Improvements 22 SR 94 Intersection Improvements 23 I-5/I-805 ML Connector 24 I-5/SR 78 ML Connector 25 I-15/SR 78 ML Connector 26 I-15/SR 52 ML Connectors 27 I-15/I-805 ML Connector 28 SR 94/I-805 ML Connector 29 I-805/SR 52 ML Connector 30 I-805/SR 163 ML Connector 31 I-15/SR 94 ML Connector 32 SR 125/SR 94 ML Connector 33 SR 75 Coronado Bridge Reversible Managed Lane 34 Downtown Bus Layover 35 Airport Transit Connection 36 San Ysidro Mobility Hub 37 U.S.-Mexico Border Transit Connection 38 Otay Mesa East POE 39 Otay Mesa POE Truck Bridge to Commercial Vehicle Enforcement Facility 40 Harbor Dr Multimodal Corridor Improvements 41 I-5 Working Waterfront Access 42 Vesta Bridge: Phase 1 43 Balboa Park Perimeter Streetcar 44 Purple Line 45 LOSSAN Improvements 46 SPRINTER Improvements 47 Blue Line Improvements 48 Orange Line Improvements 49 Green Line Improvements 50 Rapid 120: Kearny Mesa to Downtown 51 Rapid 207: Pacific Beach to Kearny Mesa 52 Rapid 209: H St Trolley Station to Millennia 53 Rapid 210: La Mesa to Ocean Beach 54 Rapid 211: SDSU to Downtown via Adams Ave 55 Rapid 212: Spring Valley to Downtown 56 Rapid 215: SDSU to Downtown 57 Rapid 225: SOuth Bay Rapid 58 Rapid 227: Otay Mesa East POE to Imperial Beach 59 Rapid 228: Point Loma to Kearny Mesa 60 Rapid 229: Downtown to Pacific Beach 61 Rapid 230: Balboa Station to UTC 62 Rapid 235: Escondido to Downtown 63 Rapid 237: UC San Diego to Rancho Bernardo 64 Rapid 238: UC San Diego to Rancho Bernardo 65 Rapid 241: UCSD Hillcrest Medical Center to UTC/UC San Diego 66 Rapid 243: Pacific Beach to Kearny Mesa 67 Rapid 255: Downtown to Logan Heights to Golden Hill to South Park to North Park to University Heights to Hillcrest 68 Rapid 256: SDSU to Rancho San Diego/ Cuyamaca College 69 Rapid 259: El Cajon Transit Center to Lemon Grove Depot 70 Rapid 265: Otay to Escondido 71 Rapid 280: Downtown San Diego to Escondido 72 Rapid 290: Downtown San Diego to Rancho Bernardo Transit Station 73 Rapid 292: El Cajon to Otay Mesa 74 Rapid 293: Imperial Beach to Otay Ranch 75 Rapid 295: South Bay to Clairemont 76 Rapid 440: Carlsbad to Escondido Transit Center 77 Rapid 450: Oceanside to Escondido 78 Rapid 471: Downtown Escondido to East Escondido 79 Rapid 473: Oceanside to Solana Beach to UTC/UC San Diego 80 Rapid 474: Oceanside to Vista 81 Rapid 477: Carlsbad Village to SR 76 82 Rapid 483: Commuter Express: Riverside (Temecula) to Carlsbad Poinstettia Station 83 Rapid 484: Carlsbad to Kearny Mesa 84 Rapid 485: Oceanside to Encinitas 85 Rapid 486: Oceanside to Carlsbad/ San Marcos 86 Rapid 625: SDSU to Palomar Station 87 Rapid 630: Iris Trolley/Palomar to Kearny Mesa 88 Rapid 635: Eastlake to Palomar Trolley 89 Rapid 637: North Park to 32nd St Trolley Station 90 Rapid 638: Iris Trolley to Otay Mesa 91 Rapid 640: San Ysidro to Santa Fe Depot 92 Rapid 688: San Ysidro to UTC 93 Rapid 880: El Cajon to UC San Diego 94 Local Route 89: Solana Beach to UTC 95 Local Route 195: 8th St Trolley to Plaza Bonita 96 Local Route 196: 8th St Trolley to Plaza Blvd 97 Local Route 984: Mira Mesa to Sorrento Valley 98 Express Route 77: Ramona to Poway  99 Express Route 121: Cross-Border Xpress to Iris Transit Center  100 Express Route 246: Rancho Bernardo to UC San Diego 101 Express Route 247: Escondido to UC San Diego 102 Express Route 993: Shelter Island to Convention Center  103 Circulator Route 193: Iris Transit Center to San Ysidro High School 104 Circulator Route 449: Palomar College area 105 Circulator Route 647: Mission Valley Loop 106 Circulator Route 648: Mission Valley Loop 107 Circulator Route 649: Kearny Mesa Loop 108 Circulator Route 661: Otay Mesa Loop 109 Circulator Route 668: Kearny Mesa Loop 110 Circulator Route 675: Rancho Bernardo Business Park Loop 111 Circulator Route 715: Otay Ranch Loop 112 Circulator Route 716: Lower Otay Ranch Loop 113 Circulator Route 985: UC San Diego Shuttle 2Page 789 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda San Diego Region Additional Map Information Unmapped Projects 2025 Bike Network Transit Frequency Enhancements Transit Amenities & Mobility Hub Investments (WiFi, restrooms, security) Existing Network Unmapped Policies Climate (includes Zero-Emission Vehicle Infrastructure) Digital Equity Fix it First Habitat Conservation Health Housing & Land Use Parking & Curb Management Pricing Strategies Transportation Demand Management Transportation Technology & Operational Improvements Vision Zero Acroynms ML = Managed Lane NEV = Neighborhood Electric Vehicle POE = Port of Entry OME = Otay Mesa East Recurring Feedback and Impact on the Concept Across the region, people said they needed:What we’re considering (and much more, as seen on the map): Local public transportation improvements to speed up short neighborhood trips as well as regional improvements to speed up commutes and other longer trips in the short-term. Prioritizing transit projects that can be made a reality in the next decade; adding more Rapid regional bus routes and neighborhood circulator routes, along with increased service on local bus routes and projects to speed up trolley trips. Improved public transit that’s faster, more efficient, safe, and reliable. Funding for better transit amenities such as bathrooms, lighting, shelter, WiFi, and security; as well as funding to increase how often transit comes and adding some expanded weekend and night service. Highway improvements: adding lanes and finishing highway connectors or improving existing interchanges. Setting aside key lanes and shoulders to move more people at once in multi-passenger vehicles; this will reduce traffic while supporting Rapid bus routes and carpooling on these highways . A safe network of bikeways throughout the region.Continuing to deliver key regional bikeway projects and expanding the bikeways across the region. Pedestrian and cyclist paths that are protected when crossing highways and major streets to safely access key neighborhood destinations. An active transportation network that includes connections crossing over highways and major streets that are safe for all ages and abilities. Microtransit and shuttles for short trips and to connect people to public transit stops, especially for older adults and those that are transit dependent. Adding more neighborhood shuttles and microtransit that can connect people to common destinations and transit stops. Electric vehicle discounts and infrastructure.Continuing to support electric vehicle infrastructure and programs to incentivize people buying electric vehicles. Projects that improve air quality and reduce greenhouse gas emissions. Prioritizing improvements to our transportation network that reduce pollution and emissions. No regional road usage charge.No regional road useage charge; other flexible funding sources are proposed. Make transportation more accessible and affordable for people with disabilities, children and seniors, and for low-income households. ▶Funding for transit amenities which can improve access for those with disabilities ▶Continued funding for free youth transit and studying expanded transit discounts Better connections between different types of transportation. Planning ways to create seamless connections between transportation modes such as safer biking and walking paths, shuttles and microtransit, secure parking, and e-charging stations Safer roads and more transit options in rural, unincorporated communities, and especially providing emergency evacuation solutions. ▶Exploring shoulder widening, reducing road curves, and technology solutions to improve travel and enhance safety in emergencies ▶Planning further improvements to rural transit routes; new opportunities for community-based microtransit services 3 San Diego Region residents told us they needed safer roads, better connections between types of transportation, shuttles for short trips, safe bikeway and pedestrian paths, more EV infrastructure, completed highway connectors, improved interchanges, and solutions for emergency evacuation. Page 790 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Initial Concept for the Draft 2025 Regional Plan: North County County of San Diego Del Mar Encinitas Escondido Oceanside San Diego SolanaBeach Vista Carlsbad San Marcos Poway Rincon Reservation Pala Reservation Pauma and Yuima Reservation La Jolla Reservation San Pasqual Reservation Camp Pendleton DRAFT 0 2 4M I LES 0 3 6 KI LOM ETERS 2 44 54 42 45 3 29 30 18 33 14 15 12 11 10 49 48 58 46 57 48 47 4a 4b 16 53 56 59 5 6 55 9 7 20 8 13 22 60 1 43 40 19 17 49 27 34 37 50 51 26 25 24 31 28 36 23 32 21 38 35 39 41 53 By 2035 2036-2050 On-Street Bikeway Off-Street Bikeway On-Street & Off-Street Bikway By 2035 2036-2050 Regional Rail Light Rail Next Gen Rapid 4 Managed Lanes 2 Managed Lanes By 2035 2036-2050 Interchange/Arterial Operational Improvements Managed Lanes Connector Intersection Improvements Rural Corridor Improvements Flexible Fleets (Neighborhood Electric Vehicle (NEV)) or Microtransit) Express Bus Local Bus Circulator See reverse for detailed Managed Lanes Key and Additional Map Information 4 1 I-5 Managed Lanes: I-805 to SR 78 2 I-5 Managed Lanes: SR 78 to County Line 3 I-15 Managed Lanes: SR 78 to County Line 4a-b SR 56 Managed Lanes: I-5 to I-15 5 SR 78 Managed Lanes: I-5 to I-15 6 SR 67 Improvements: Mapleview St to Dye Rd 7 SR 76 Straightening: Rice Canyon Rd to Pala Reservation 8 SR 76 Shoulder Widening: West Reservation Boundary to East Reservation Boundary 9 SR 76 Improvements: SR 79 to Valley Center Rd 10 SR 76 Straightening: Harolds Rd to Pauma Rancho 11 SR 76 Intersection Improvements: SR 76 to Pala Mission Rd 12 SR 76 Intersection Improvements: SR 76 to Cole Grade Rd 13 SR 76 Intersection Improvement: SR 76 to Pauma Reservation Rd 14 SR 76 Improvements: Pala Casino to Rice Canyon Rd 15 SR 76 Safety: Shoulder Widening 16 I-5/I-805 ML Connector 17 I-5/SR 78 ML Connector 18 I-15/SR 78 ML Connector 19 I-5/SR 78 Interchange/ Arterial Improvements 20 SR 76 Safety: Dynamic Messaging Sign 21 LOSSAN Improvements 22 SPRINTER Improvements 23 Rapid 235: Escondido to Downtown 24 Rapid 237: UC San Diego to Rancho Bernardo 25 Rapid 238: UC San Diego to Rancho Bernardo 26 Rapid 265: Otay to Escondido 27 Rapid 280: Downtown San Diego to Escondido 28 Rapid 290: Downtown San Diego to Rancho Bernardo Transit Station 29 Rapid 440: Carlsbad to Escondido Transit Center 30 Rapid 450: Oceanside to Escondido 31 Rapid 471: Downtown Escondido to East Escondido 32 Rapid 473: Oceanside to Solana Beach to UTC/UC San Diego 33 Rapid 474: Oceanside to Vista 34 Rapid 477: Carlsbad Village to SR 76 35 Rapid 483: Commuter Express: Riverside (Temecula) to Carlsbad Poinstettia Station 36 Rapid 484: Carlsbad to Kearny Mesa 37 Rapid 485: Oceanside to Encinitas 38 Rapid 486: Oceanside to Carlsbad/ San Marcos 39 NEV Service Area: Oceanside 40 NEV Service Area: Escondido 41 NEV Service Area: Carlsbad Village 42 NEV Service Area: Encinitas 43 NEV Service Area: Cardiff 44 NEV Service Area: Solana Beach 45 NEV Service Area: Del Mar 46 Carlsbad Palomar Aiport Microtransit 47 Vista/San Marcos/County Microtransit 48 San Marcos Microtransit 49 Southeast Oceanside Microtransit 50 Vista/Bonsall Microtransit 51 Fallbrook Microtransit 52 Ramona Microtransit 53 Local Route 89: Solana Beach to UTC 54 Local Route 984: Mira Mesa to Sorrento Valley 55 Express Route 77: Ramona to Poway  56 Express Route 246: Rancho Bernardo to UC San Diego 57 Express Route 247: Escondido to UC San Diego 58 Circulator Route 449: Palomar College area 59 Circulator Route 675: Rancho Bernardo Business Park Loop 60 Circulator Route 985: UC San Diego Shuttle Projects Outside Map Extent Borrego Springs Microtransit Page 791 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda North County Additional Map Information Managed Lanes Key Conversion of Existing Lane(s) Additional Managed Lane(s) 1 I-5 Managed Lanes: I-805 to SR 78 X X 2 I-5 Managed Lanes: SR 78 to County Line X X 3 I-15 Managed Lanes: SR 78 to County Line X 4a SR 56 Managed Lanes: I-5 to Carmel Valley Rd X 4b SR 56 Managed Lanes: Carmel Valley Rd to I-15 X 5 SR 78 Managed Lanes: I-5 to I-15 X Unlisted Projects 2025 Bike Network Unmapped Projects Transit Frequency Enhancements Transit Amenities & Mobility Hub Investments (WiFi, restrooms, security) Existing Network Unmapped Policies Climate (includes Zero-Emission Vehicle Infrastructure) Digital Equity Fix it First Habitat Conservation Health Housing & Land Use Parking & Curb Management Pricing Strategies Transportation Demand Management Transportation Technology & Operational Improvements Vision Zero Acroynms ML = Managed Lane NEV = Neighborhood Electric Vehicle POE = Port of Entry OME = Otay Mesa East Recurring Feedback and Impact on the Concept In North County, people said they needed:What we’re considering (and much more): ▶Better traffic flow on highways: especially the SR 78, SR 76 and I-15 ▶Safer/easier connector between I-5 and SR 78 ▶Managed lanes on the SR 78 and managed lane connectors between the SR 78 and I-5 and I-15 ▶Straightening out SR 76 from Rice Canyon to the Pala Reservation, Harolds Rd to Pauma Rancho, adding intersection improvements in three places, and widening the shoulder for emergencies ▶Connector between I-5 and SR 78 Better public transit service: ▶COASTER, SPRINTER, and buses that come more often and that can make faster trips ▶More service at night and on weekends ▶Expanded transit or microtransit access for communities where routes don’t currently go such as San Elijo Hills, Rancho Santa Fe, Fallbrook ▶Connection to Riverside County ▶Access to Palomar Airport ▶Improving the SPRINTER and COASTER routes by increasing frequency, making rail improvements to speed up trip times, and adding more evening and weekend service ▶More Rapid routes, including one from Otay to Escondido and another connecting Carlsbad and San Marcos to Riverside County Better transit, shuttle and microtransit options to make it easier to access COASTER and SPRINTER stations and community destinations. Twelve shuttle or microtransit service areas which will increase access to common local destinations, including transit stops; includes service area providing access to Palomar Airport. ▶Safer walking and biking routes, either improving existing routes or expanding the network ▶Protected bike lanes on major roads to connect to the coast ▶Upgrading existing bike routes or adding new ones across the region with separated bikeways on high- speed roads ▶Bike trails with coastal access, along with other east to west bikeway connections 5 North County residents told us they needed better traffic flow on SR 78, SR 76, and I-15, more frequent COASTER and SPRINTER service with expanded night and weekend hours, safer walking and biking routes, shuttle and microtransit services to connect to transit stations, and connections to Palomar Airport and Riverside County. DRAFTPage 792 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda MCRD Coronado San Diego Lemon Grove La Mesa Santee El Cajon MCAS Miramar 46 45 50 38 62 4a 5b 4b 40 36 29 35 5a 7a 5c 5d 56 39 64 32 37 88 89 91 30 28 31 81 34 47 48 42 43 41 54 53 61 58 44 52 60 1b 1a 2a 13 15 17 6a 6b14 20 59 55 51 63 57 2b 2c 3c 8a 12 3d 3a 49 33 27 18 16 11 9a 19 67 25 65 26 10a 21 22 23 24 27 66 72 70 71 68 73 69 8078 79 77 67 75 74 76 90 91 82 84 85 83 86 87 3b 0 1 2M I LES 0 1.5 3 KI LOM ETERS DRAFT By 2035 2036-2050 On-Street Bikeway Off-Street Bikeway On-Street & Off-Street Bikeway Flexible Fleets (Neighborhood Electric Vehicle (NEV)) or Microtransit) By 2035 2036-2050 Regional Rail Light Rail Next Gen Rapid 4 Managed Lanes 2 Managed Lanes Express Bus Local Bus Circulator 1 Reversible Managed Lane By 2035 2036-2050 Managed Lanes Connector Direct Access Ramp (DAR) Interchange/Arterial Operational Improvements Rural Corridor Improvements Goods Movement Downtown Bus Layover 6 Initial Concept for the Draft 2025 Regional Plan: Central & East County 1a-b I-5 Managed Lanes 2a-c I-15 Managed Lanes 3a-d I-805 Managed Lanes 4a-b I-8 Managed Lanes 5a-d SR 52 Managed Lanes* 6a-b SR 94 Managed Lanes 7a SR 56 Managed Lanes 8a SR 163 Managed Lanes 9a SR 125 Managed Lanes 10a SR 75 Coronado Bridge Reversible Managed Lane 11 I-5/I-805 ML Connector 12 I-15/SR 52 ML Connectors 13 I-15/SR 94 ML Connector 14 I-15/I-805 ML Connector 15 SR 94/I-805 ML Connector 16 I-805/SR 52 ML Connector 17 SR 125/SR 94 ML Connector 18 I-805/SR 163 ML Connector 19 SR 67 Improvements: Mapleview St to Dye Rd 20 SR 125/SR 94 Interchange/ Arterial Improvements 21 I-15 @ SDSU West DAR 22 I-805 @ Nobel Dr DAR 23 I-15 @ Clairemont Mesa Blvd DAR 24 I-5 @ Voigt DAR 25 Harbor Dr Multimodal Corridor Improvements 26 I-5 Working Waterfront Access 27 Purple Line 28 LOSSAN Improvements 29 Airport Transit Connection 30 Blue Line Improvements 31 Orange Line Improvements 32 Green Line Improvements 33 Balboa Park Perimeter Streetcar 34 Rapid 120: Kearny Mesa to Downtown 35 Rapid 207: Pacific Beach to Kearny Mesa 36 Rapid 210: La Mesa to Ocean Beach 37 Rapid 211: SDSU to Downtown 38 Rapid 212: Spring Valley to Downtown 39 Rapid 215: SDSU to Downtown 40 Rapid 225: South Bay Rapid 41 Rapid 228: Point Loma to Kearny Mesa 42 Rapid 229: Downtown to Pacific Beach 43 Rapid 230: Balboa Station to UTC 44 Rapid 235: Escondido to Downtown 45 Rapid 237: UC San Diego to Rancho Bernardo 46 Rapid 238: UC San Diego to Rancho Bernardo 47 Rapid 241: UCSD Hillcrest Medical Center to UTC/UC San Diego 48 Rapid 243: Pacific Beach to Kearny Mesa 49 Rapid 255: Downtown to Logan Heights to Golden Hill to South Park to North Park to University Heights to HillcrestSee reverse for detailed Managed Lanes Key and Additional Map Information | * Includes addition of truck climbing lane 50 Rapid 256: SDSU to Rancho SD/Cuyamaca College 51 Rapid 259: El Cajon Transit Center to Lemon Grove Depot 52 Rapid 265: Otay to Escondido 53 Rapid 280: Downtown San Diego to Escondido 54 Rapid 290: Downtown San Diego to Rancho Bernardo Transit Station 55 Rapid 292: El Cajon to Otay Mesa 56 Rapid 295: South Bay to Clairemont 57 Rapid 473: Oceanside to Solana Beach to UTC/UC San Diego 58 Rapid 484: Carlsbad to Kearny Mesa 59 Rapid 625: SDSU to Palomar Station 60 Rapid 630: Iris Trolley/Palomar to Kearny Mesa 61 Rapid 637: North Park to 32nd St Trolley Station 62 Rapid 640: San Ysidro to Santa Fe Depot 63 Rapid 688: San Ysidro to UTC 64 Rapid 880: El Cajon to UC San Diego 65 Downtown Bus Layover 66 NEV Service Area: Coronado 67 NEV Service Area: Del Mar 68 NEV Service Area: La Jolla 69 NEV Service Area: La Mesa 70 NEV Service Area: Ocean Beach 71 NEV Service Area: Pacific Beach 72 NEV Service Area: Downtown/Little Italy 73 NEV Service Area: North Park/City Heights 74 Southeast San Diego Microtransit 75 Eastern San Diego Microtransit 76 Casa De Oro Microtransit 77 Lakeside Microtransit 78 Clairemont Mesa Microtransit 79 Sorrento Valley Microtransit 80 Kearny Mesa Convoy Microtransit 81 El Cajon Microtransit 82 Local Route 89: Solana Beach to UTC 83 Local Route 984: Mira Mesa to Sorrento Valley 84 Express Route 77: Ramona to Poway  85 Express Route 246: Rancho Bernardo to UC San Diego 86 Express Route 247: Escondido to UC San Diego 87 Express Route 993: Shelter Island to Convention Center  88 Circulator Route 647: Mission Valley Loop 89 Circulator Route 648: Mission Valley Loop 90 Circulator Route 649: Kearny Mesa Loop 91 Circulator Route 668: Kearny Mesa Loop 92 Circulator Route 985: UC San Diego Shuttle Projects Outside Map Extent Alpine Microtransit Page 793 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Central & East County Additional Map Information Managed Lanes Key Conversion of Existing Lane(s) Additional Managed Lane(s) 1a I-5 Managed Lanes: SR 905 Pacific Highway X 1b I-5 Managed Lanes: Pacific Highway to I-805 X 2a I-15 Managed Lanes: I-5 to I-805 X 2b I-15 Managed Lanes: I-805 to I-8 X X 2c I-15 Managed Lanes: I-8 to SR-163 X X 3a I-805 Managed Lanes: Palomar St to SR 94 X 3b I-805 Managed Lanes: SR 94 to I-8 X X 3c I-805 Managed Lanes: I-8 to SR 52 X X 3d I-805 Managed Lanes: SR 52 to I-5 X 4a I-8 Managed Lanes: I-5 to SR 67 X 4b I-8 Managed Lanes: SR 67 to Greenfield Dr X 5a SR 52 Managed Lanes: I-5 to I-805 X 5b SR 52 Managed Lanes: I-805 to I-15 X 5c SR 52 Managed Lanes: I-15 to Mast Blvd X X 5d SR 52 Managed Lanes: Mast Blvd to SR 125 X 6a SR 94 Managed Lanes: I-5 to I-15 X X 6b SR 94 Managed Lanes: I-15 to SR-125 X 7a SR 56 Managed Lanes: I-5 to Carmel Valley Rd X 8a SR 163 Managed Lanes: I-8 to SR-52 X 9a SR 125 Managed Lanes: SR 54 to SR 52 X 10a SR 75 Coronado Bridge Reversible Managed Lane X Unlisted Projects 2025 Bike Network Unmapped Projects Transit Frequency Enhancements Transit Amenities & Mobility Hub Investments (WiFi, restrooms, security) Existing Network Unmapped Policies Climate (includes Zero-Emission Vehicle Infrastructure) Digital Equity Fix it First Habitat Conservation Health Housing & Land Use Parking & Curb Management Pricing Strategies Transportation Demand Management Transportation Technology & Operational Improvements Vision Zero Acroynms DAR = Direct Access Ramp ML = Managed Lane NEV = Neighborhood Electric Vehicle Recurring Feedback and Impact on the Concept In San Diego, people said they needed:What we’re considering (and much more): Better public transit including: ▶Expanded routes and more frequent service, including later evening and more weekend hours ▶Faster connections east to west including beach access, and east of the I-15 ▶More connections to job centers, beaches, and major landmarks ▶Faster transit to the airport ▶Faster trips through high-traffic areas ▶More bus lanes on major streets ▶Transit station amenities like shade and lighting ▶More Rapid buses and trolley improvements ▶More frequent service and expanded night and weekend hours ▶Routes maximize access to jobs and high-traffic destinations Microtransit or shuttles connecting people to transit stops too far to walk to – particularly in areas with limited parking Twelve microtransit and/or shuttle service areas; parking district funds will partially fund shuttle service in those areas Better traffic flow on and between highways including: ▶Smoother connections to the SR 52 ▶I-5 and I-8 ▶Managed lanes and truck climbing lane on SR 52, and connecting the I-15 and SR 52 managed lanes ▶Converting existing lanes and adding managed lanes on I-8 ▶Finishing managed lanes on I-805 and I-5, converting an existing lane to a managed lane on State Routes 94, 56, 163, and part of the 125 More protected biking/walking routes on high-speed roads and crossing busy intersections: improving existing routes, finishing projects, and connecting more neighborhoods, including: ▶Between Point Loma and the Marina along the coast ▶Around SDSU ▶Routes that go over a freeway such as I-5 ▶Nimitz Blvd, Rosecrans St, Pacific Coast Highway, Old Town ▶Better connections from the I-15 bikeway over I-8 Our Regional Bike Network includes existing bikeway improvements, additions, or finishing routes addressing all of these location-specific concerns. For more information, visit the interactive map on our website. More amenities for bicyclists at transit stops and other common locations (ex. bike racks and lockers). Investing in bike amenities as part of bikeway projects, transit projects, and transportation demand management programs. In East County, people said they needed:What we’re considering (and much more): To improve highways by: ▶Finishing the SR 94 and SR 125 connector project ▶Helping traffic flow on State Routes 52 and 67 ▶Improving the SR 94/125 connector ▶Managed lanes and a truck climbing lane on SR 52 and connecting managed lanes between I-15 and SR 52 ▶Widening the shoulder for emergency purposes on SR 67 Public transportation improvements: ▶More Rapid transit and transit options for Cuyamaca College and La Presa ▶Transit that comes more often and for extended hours in the evening ▶More Rapid buses including routes 256: SDSU to Rancho SD/Cuyamaca College; and 292, El Cajon to Otay Mesa via La Presa ▶Next Gen Rapid bus routes may include infrastructure and technology to speed up trips ▶Green and Orange Line trolley improvements ▶More transit frequency and evening hours Microtransit and shuttles: ▶Connecting suburban East County to transit stops ▶Service from unincorporated communities to San Diego Shuttles and microtransit in Lemon Grove, El Cajon, La Mesa and in unincorporated communities in the County. ▶Safer bike routes, not mixing bike routes with vehicle traffic on high-speed roads ▶More bike routes east to west Regional bike network includes separated bikeways on high-speed roads and various east-to-west routes. 7 Central & East County residents told us they needed improved traffic flow on SR 52, I-8, and SR 67, the completed SR 94/SR 125 connector, faster connections to job centers, beaches, the airport, more frequent transit connections with expanded night and weekend hours, and safer walking and biking routes. DRAFTPage 794 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Initial Concept for the Draft 2025 Regional Plan: South County Tijuana, B.C. Imperial Beach UNITED STATES MEXICO County of San Diego Coronado San Diego Chula Vista National City Bonita 18 46 24 2216175145 10 36 52 35 23 27 48 13 18 47 2 1 38 50 55 54 28 26 33 30 37 38 4 9 8 3 32 34 15 41 14 44 20 25 31 53 11 6 7 39 5 21 29 42 43 49 40 19 12 DRAFT 0 0.5 1 M I LES 0 1 2 KI LOM ETERS By 2035 2036-2050 On-Street Bikeway Off-Street Bikeway On-Street & Off-Street Bikeway Flexible Fleets (Neighborhood Electric Vehicle (NEV)) or Microtransit) Mobility Hubs By 2035 2036-2050 Regional Rail Light Rail Next Gen Rapid U.S.-Mexico Border Transit Connection By 2035 2036-2050 Managed Lanes Connector Goods Movement Freeway Connection to OME POE 4 Managed Lanes 2 Managed Lanes Express Bus Local Bus Circulator 1 Reversible Managed Lane 1 I-5 Managed Lanes: SR 905 to Pacific Hwy 2 I-15 Managed Lanes: I-5 to I-805 3 I-805 Managed Lanes: SR 905 to Palomar St 4 I-805 Managed Lanes: Palomar St to SR 94 5 SR 54 Managed Lanes: I-805 to SR 125 6 SR 905 Managed Lanes: I-5 to Border 7 SR 905 Managed Lanes: I-805 to Otay Mesa East Port of Entry 8 SR 125 Managed Lanes: SR 54 to I-8 9 SR 125 Managed Lanes: transition from toll road to managed and general-purpose lanes from SR 905 to SR 54 10 SR 75 Coronado Bridge Reversible Managed Lane 11 SR 11 Roadway Connection to Otay Mesa East POE 12 U.S.-Mexico Border Transit Connection 13 Purple Line 14 LOSSAN Improvements 15 Blue Line Improvements 16 Orange Line Improvements 17 Green Line Improvements 18 Rapid 209: H St Trolley Station to Millennia 19 Rapid 212: Spring Valley to Downtown 20 Rapid 225: South Bay Rapid 21 Rapid 227: Otay Mesa East POE to Imperial Beach via 905 22 Rapid 256: SDSU to Rancho San Diego/ Cuyamaca College 23 Rapid 265: Otay to Escondido 24 Rapid 292: El Cajon to Otay Mesa 25 Rapid 293: Imperial Beach to Otay Ranch 26 Rapid 295: South Bay to Clairemont 27 Rapid 625: SDSU to Palomar Station 28 Rapid 630: Iris Trolley/Palomar to Kearny Mesa 29 Rapid 635: Eastlake to Palomar Trolley * See reverse for detailed Managed Lanes Key 30 Rapid 637: North Park to 32nd St Trolley Station 31 Rapid 638: Iris Trolley to Otay Mesa 32 Rapid 640: San Ysidro to Santa Fe Depot 33 Rapid 688: San Ysidro to UTC via 805 34 Otay Mesa East POE 35 Otay Mesa POE Truck Bridge to Commercial Vehicle Enforcement Facility 36 Harbor Dr Multimodal Corridor Improvements 37 I-5 Working Waterfront Access 38 Vesta Bridge: Phase 1 39 San Ysidro Mobility Hub 40 NEV Service Area: Coronado 41 NEV Service Area: Downtown Chula Vista 42 NEV Service Area: Imperial Beach 43 NEV Service Area: National City 44 NEV Service Area: U.S.-Mexico Border/ San Ysidro 45 NEV Service Area: Downtown/Little Italy 46 Central Chula Vista Microtransit 47 Southeast San Diego Microtransit 48 Local Route 195: 8th St Trolley to Plaza Bonita 49 Local Route 196: 8th St Trolley to Plaza Blvd 50 Express Route 121: Cross-Border Xpress to Iris Transit Center  51 Express Route 993: Shelter Island to Convention Center  52 Circulator Route 193: Iris Transit Center to San Ysidro High Schoool 53 Circulator Route 661: Otay Mesa Loop 54 Circulator Route 715: Otay Ranch Loop 55 Circulator Route 716: Lower Otay Ranch Loop 8Page 795 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda South County Additional Map Information Managed Lanes Key Conversion of Existing Lane(s) Additional Managed Lane(s) 1 I-5 Managed Lanes: SR 905 to Pacific Highway X 2 I-15 Managed Lanes: I-5 to I-805 X 3 I-805 Managed Lanes: SR 905 to Palomar St X 4 I-805 Managed Lanes: Palomar St to SR 94 X 5 SR 54 Managed Lanes: I-805 to SR 125 X 6 SR 905 Managed Lanes: I-5 to I-805 X 7 SR 905 Managed Lanes: I-805 to Otay Mesa East Port of Entry X 8 SR 125 Managed Lanes: SR 54 to I-8 X 9 SR 125 Managed Lanes: transition from toll road to managed and general-purpose lanes from SR 905 to SR 54 X 10 SR 75 Coronado Bridge Reversible Managed Lane X Unlisted Projects 2025 Bike Network Unmapped Projects Transit Frequency Enhancements Transit Amenities & Mobility Hub Investments (WiFi, restrooms, security) Existing Network Unmapped Policies Climate (includes Zero-Emission Vehicle Infrastructure) Digital Equity Fix it First Habitat Conservation Health Housing & Land Use Parking & Curb Management Pricing Strategies Transportation Demand Management Transportation Technology & Operational Improvements Vision Zero Acroynms ML = Managed Lane NEV = Neighborhood Electric Vehicle POE = Port of Entry OME = Otay Mesa East Recurring Feedback and Impact on the Concept In South County, people said they needed:What we’re considering (and much more): ▶Better and faster transit options coming from the border, including a rail connection directly at the border ▶Expanded network of transit with service to major destinations such as job centers, shopping areas, event venues, and schools ▶Adding more Rapid routes and eventually a COASTER connection to the border and improvements to the Blue Line; San Ysidro Transit Center improvements and surrounding connections; exploring options for additional border transit ▶Managed lanes with bus priority on various south-to- north highways ▶Purple Line transit route from the border to Sorrento Valley via City Heights and Kearny Mesa More transit routes to reach housing developments in areas isolated from transit and microtransit service for shorter trips. Six new microtransit or shuttle service areas in Southeast San Diego, National City, Downtown Chula Vista, Central Chula Vista, Imperial Beach, and San Ysidro. More transit access to the Cross Border Express (CBX). Express bus from Iris Ave trolley station to CBX and a bus route between Otay Mesa and CBX. Faster transit access to San Diego International Airport from South County. Adding an airport transit connection based on potential concepts currently being studied. More protected bike lanes, pedestrian walkways, and signals overall, and specifically: ▶Connections to parks, transit stations, malls, and other commercial areas ▶Connections from communities near Sweetwater reservoir to central Chula Vista ▶Improving and expanding separated bikeways on high-speed roads across the region, including intersection improvements such as bike signals ▶On street, protected bikeways to connect communities near Sweetwater Reservoir to Bonita, National City, and Chula Vista To remove the toll on SR 125.By 2037, changing the SR 125 toll road to a regular highway with a mix of free and managed lanes (use of lanes may vary depending on demand). 9 South County residents told us they needed faster, more direct transit access to and from the border and CBX, more transit routes to major destinations and housing, faster access to the airport, more protected bike and pedestrian routes, and to remove the toll on SR 125. DRAFTPage 796 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Tuesday, February 13, 2024 Council Referral: SR 125 Toll Road Page 797 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Overview of SR-125, Including Review of Operations, Debt Profile and Reserve Balances October 4, 2023 Page 798 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda | 3 PRESENTATION PARTICIPANTS Ray Major, Deputy Executive Officer André Douzdjian, Chief Financial Officer Lucinda Broussard, Director of Regional Transportation Services Page 799 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda | 4 SR-125 PRESENTATION 1. Overview of the SR-125 Corridor 2. Purchase of the Toll Road by SANDAG in 2011 and review of the Caltrans Franchise Agreement 3. Refinance of the TIFIA debt in 2017 and current outstanding debt structure 4. Operating and Financial Performance 5. Cash Balances vs Debt 6. Conclusion Page 800 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda | 5 SR-125 OVERVIEW Located in southwest San Diego County, SR-125 is a 10-mile toll road that provides fast and convenient access to Chula Vista, Downtown San Diego, East County, Otay Mesa and Mexico Strong commuter base from the wealthy areas of Otay Mesa and Chula Vista to San Diego County employment centers Area surrounding SR-125 contains some of the last development opportunities in San Diego County 75% of traffic enters or exits at SR-54, providing access to region’s employment market and highway network SBX provides time savings of up to 4.6 minutes for commuters east of the toll road compared to free alternate routes Page 801 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda | 6 SR-125 BACKGROUND AND RELATIONSHIP WITH SANDAG SANDAG purchased the SR-125 franchise from Creditors, including the U.S. Department of Transportation, following bankruptcy in December 2011 at a 35% discount for $341 million The SANDAG Board made the strategic acquisition to improve mobility within the southwest San Diego County region by: 1.Expanding network capacity, reducing traffic congestion on parallel links; 2.Reducing need for infrastructure improvements on parallel links, saving $265M; and 3.The discounted purchase price allowed SANDAG to lower toll rates by 25% to 40% to attract and grow traffic on toll road As part of the purchase price, SANDAG inherited the outstanding TIFIA loan for the facility, which along with the TransNet loan, which were the only outstanding debt obligations of SR-125. These loans were refinanced in 2017 with a more favorable level debt structure bond series in the capital markets. SR-125’s strength is bolstered by SANDAG’s role as the Regional Transportation Planning Agency, which includes responsibility for managing the transportation network Page 802 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda | 7 CALTRANS DEVELOPMENT FRANCHISE AGREEMENT Development Franchise Agreement between Caltrans and SANDAG (dated 2/1/2013) scheduled to terminate in November 2042 SANDAG operates, maintains, and tolls SR-125 subject to the Development Franchise Agreement Caltrans owns SR-125 and inspects it weekly to determine maintenance needs Key components of the Franchise Agreement: •Flexible Term: SANDAG has flexibility to terminate anytime and convey rights back to Caltrans Exclusivity: SANDAG has exclusive right to operate in the Franchise Zone with no threat of a competitive facility so long as certain terms, including levels of service, are maintained Maintenance: SANDAG is responsible for maintenance in accordance with Caltrans standards Tolls Rates: SANDAG has full authority to set rates at any levels based on factors such as vehicle type, occupancy, time of day etc. Page 803 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda | 8 Prior Debt Service vs Current Structure of Series 2017 Bonds Prior Debt Service vs. Refunding Debt Service $0 $10 $20 $30 $40 $50 $60 $70 $80 $90 $100 20182019202020212022202320242025202620272028202920302031203220332034203520362037203820392040204120422043MillionsPrior Debt Service Refunding Debt Service $147M in cash flow savings over Debt service is level to provide future budgetary certainty through 2043 Page 804 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda | 9 KEY CREDIT FACTORS Toll Road has A+ Ratings from both S&P and FITCH rating agencies based on SR-125’s uniquely good operating margins, conservative debt service structure, healthy debt service coverage, minimal future borrowing needs and prudent legal protections for investors Page 805 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda | 10 Recent Historical Revenues and Expenses •Annual Net Revenues and Interest, Debt Service and DSC Ratio FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 EST FY 2024 Revenue (in thousands) Toll Revenue $ 33,122 $ 34,236 $ 31,434 $ 27,802 $ 31,561 $ 34,872 $ 36,615 Violations Revenues $ 7,295 $ 5,648 $ 5,064 $ 1,302 $ 1,460 $ 2,283 $ 1,000 Other Revenues $ 1,332 $ 1,745 $ 1,385 $ 377 $ 1,321 $ 1,613 $ 1,467 Interest Revenue $ 1,078 $ 1,856 $ 1,311 $ 291 $ 160 $ 2,453 $ 2,000 Total Revenues & Interest $ 42,827 $ 43,485 $ 39,194 $ 29,772 $ 34,502 $ 41,221 $ 41,082 Less: Operating Expenses $ (10,981)$ (12,318)$ (12,536)$ (11,889)$ (11,752)$ (13,649)$ (15,603) Net Revenue & Interest (A)$ 31,846 $ 31,167 $ 26,658 $ 17,883 $ 22,750 $ 27,572 $ 25,479 Debt Service (B)$ 13,869 $ 13,869 $ 13,869 $ 13,869 $ 13,869 $ 13,869 $ 13,869 Debt Service Coverage Ratio (A/B)2.30 2.25 1.92 1.29 1.64 1.99 1.84 2017 Bond DSCR Requirement 1.50 1.50 1.50 1.50 1.50 1.50 1.50 Page 806 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda | 11 Cash Balances vs Outstanding Bond Balance The bonds are not callable until 2027 and the last payment is in 2043 Reserves and Liquidity vs Outstanding Bond BalanceFY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 EST FY 2024 EST FY 2025 EST FY 2026 EST FY 2027 Cash Balances (in thousands) General $ 2,006 $ 2,022 $ 2,031 $ 2,031 $ 2,332 $ 2,332 $ 2,332 $ 2,332 $ 2,332 $ 2,332 Senior Lien Expense $ 9,050 $ 9,191 $ 9,320 $ 9,437 $ 9,563 $ 9,693 $ 9,693 $ 9,693 $ 9,693 $ 9,693 Debt Service Expense $ 13,803 $ 13,870 $ 13,824 $ 13,761 $ 13,761 $ 13,761 $ 13,871 $ 13,871 $ 13,871 $ 13,871 O&M Expense Fund $ 5,817 $ 6,751 $ 6,181 $ 7,721 $ 11,625 $ 11,578 $ 11,694 $ 11,811 $ 11,929 $ 12,048 O&M Reserves $ 24,173 $ 27,008 $ 30,004 $ 33,571 $ 33,660 $ 35,812 $ 39,811 $ 40,888 $ 42,932 $ 45,079 Capital Fund $ 37,153 $ 47,037 $ 47,197 $ 30,315 $ 24,934 $ 28,957 $ 28,956 $ 24,320 $ 17,093 $ 18,471 State Received Funds $ -$ -$ -$ -$ -$ -$ 20,000 $ 21,000 $ 21,840 $ 22,495 Total Cash Balances $ 92,002 $ 105,879 $ 108,557 $ 96,836 $ 95,875 $ 102,133 $ 126,357 $ 123,915 $ 119,690 $ 123,989 Bond Balance $ 191,070 $ 186,755 $ 182,220 $ 177,455 $ 172,445 $ 167,180 $ 161,645 $ 155,825 $ 149,705 $ 143,270 Cash Needed to Pay Off Bonds $ 19,281 (bonds first call date is 2027) Page 807 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda | 12 Since acquiring SR-125, SANDAG’s management has greatly enhanced the performance of the asset SANDAG acquired the SR-125 franchise to improve mobility by better integrating SR-125 into the regional transportation system and by reducing congestion on I-805 and local arterials As a part of the acquisition plan, in June 2012 the Board reduced tolls 25-40%, resulting in 24% increase in annual trips in FY 2013 This performance has greatly outpaced the traffic and revenue study commissioned at the point of acquisition in 2011 While enhancing revenue performance, SANDAG has also focused on prudent management of expenditures and the building of reserves and liquidity While liquidity remains strong, COVID-19 had a material impact on traffic levels and has adversely impacted some of the debt covenant metrics Traffic levels are almost back to pre COVID-19 levels Page 808 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Stay connected with SANDAG Explore our website SANDAG.org Email: ray.major@sandag.org Follow us on social media: @SANDAGregion @SANDAG Page 809 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Tolling Impacts •Undue and disproportionate burden on South Bay users. •Hinder the City’s economic development activity in areas such as business attraction and retention. •Divert more traffic onto local roadways. Page 810 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Advocacy Goals •Eliminate the toll-only operations of the SR 125 Toll Road. •Eliminate acquisition debt by 2027 when bonds will be callable. •Caltrans assume control of the road before end of franchise lease term in 2042. Page 811 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Progress To-Date •Chula Vista City Council Resolution 2022-030 •SANDAG Board Resolution 2023-022 •California Budget $20 million for SANDAG to reduce SR-125 debt to support efforts to eliminate bond debt by 2027. Page 812 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda SANDAG Board Resolution 2023-022 1. Declared that elimination of debt and toll-only operations on the SR 125 is a priority. 2. Supported efforts to evaluate alternatives to toll-only operations (including managed lanes) for the SR 125. 3. Supported controlling planned operating and capital expenses in order to increase available reserve cash balances sufficient to retire the outstanding bond debt or minimize the need for additional funds to retire the remaining bond balance. 5. Directed staff to conduct a Comprehensive Multimodal Corridor Plan to analyze future options for the SR 125, develop a plan to pay off outstanding debt as early as 2027, make the SR 125 consistent with the Regional Plan, and develop strategies to revert control of the SBX to Caltrans following debt retirement. Page 813 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Next Steps •Continue working with SANDAG on Board directives. •Continue working with Caltrans to understand maintenance and operational needs. •Work with state legislators on solutions toward elimination of toll-only operations. Page 814 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Questions? Page 815 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Chula Vista City Hall 276 4th Avenue Chula Vista CA 91910 jmccann@chulavistaca.gov MEMO January 22, 2024 TO: Kerry Bigelow, City Clerk CC: Karina L. Lafarga, Deputy City Clerk FROM: Mayor John McCann RE: Board and Commission Appointments The Mayor would like to recommend Abigail Costello for appointment to the Sustainability Commission as a Youth Advisor. Please place this item on the February 13th, 2024 Council agenda for ratification. Yours in Page 816 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 817 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 818 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 819 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 820 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda Page 821 of 821 City of Chula Vista - City Council February 13, 2024 Post Agenda