2022 12 20 Councilt(v I
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GEM of the DESERT —
City Council agendas and staff reports
are available on the City's
web page: www.LaQuintaCA.gov
CITY COUNCIL
AGENDA
CITY HALL COUNCIL CHAMBER
78495 Calle Tampico, La Quinta
REGULAR MEETING ON TUESDAY, DECEMBER 20, 2022
3:30 P.M. CLOSED SESSION 1 4:00 P.M. OPEN SESSION
Members of the public may listen to this meeting by tuning -in live via
http://Iaquinta.12milesout.com/video/live.
CALL TO ORDER
ROLL CALL: Councilmembers: Fitzpatrick, McGarrey, Pena, Sanchez, Mayor
Evans
PUBLIC COMMENTS - INSTRUCTIONS
Members of the public may address the City Council on any matter listed or not
listed on the agenda as follows:
WRITTEN PUBLIC COMMENTS can be provided either in -person during the
meeting by submitting 15 copies to the City Clerk, it is requested that this takes
place prior to the beginning of the meeting; or can be emailed in advance to
CityClerkMail@LaQuintaCA.gov, no later than 12:00 p.m., on the day of the
meeting. Written public comments will be distributed to Council, made public,
and will be incorporated into the public record of the meeting, but will not be
read during the meeting unless, upon the request of the Mayor, a brief summary
of public comments is asked to be reported.
If written public comments are emailed, the email subject line must clearly state
""Written Comments" and should include: 1) full name, 2) city of
residence, and 3) subject matter.
CITY COUNCIL AGENDA Page 1 of 6 DECEMBER 20, 2022
VERBAL PUBLIC COMMENTS can be provided in -person during the meeting by
completing a "Request to Speak" form and submitting it to the City Clerk; it is
requested that this takes place prior to the beginning of the meeting. Please
limit your comments to three (3) minutes (or approximately 350 words).
Members of the public shall be called upon to speak by the Mayor.
In accordance with City Council Resolution No. 2022-027, a one-time additional
speaker time donation of three (3) minutes per individual is permitted; please
note that the member of the public donating time must: 1) submit this in writing
to the City Clerk by completing a "Request to Speak" form noting the name of
the person to whom time is being donated to, and 2) be present at the time the
speaker provides verbal comments.
Verbal public comments are defined as comments provided in the speakers' own
voice and may not include video or sound recordings of the speaker or of other
individuals or entities, unless permitted by the Mayor.
Public speakers may elect to use printed presentation materials to aid their
comments; 15 copies of such printed materials shall be provided to the City Clerk
to be disseminated to the City Council, made public, and incorporated into the
public record of the meeting; it is requested that the printed materials are
provided prior to the beginning of the meeting. There shall be no use of Chamber
resources and technology to display visual or audible presentations during public
comments, unless permitted by the Mayor.
All writings or documents, including but not limited to emails and attachments
to emails, submitted to the City regarding any item(s) listed or not listed on this
agenda are public records. All information in such writings and documents is
subject to disclosure as being in the public domain and subject to search and
review by electronic means, including but not limited to the City's Internet Web
site and any other Internet Web -based platform or other Web -based form of
communication. All information in such writings and documents similarly is
subject to disclosure pursuant to the California Public Records Act [Government
Code § 6250 et seq.].
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA
At this time, members of the public may address the City Council on any matter
not listed on the agenda pursuant to the "Public Comments - Instructions" listed
above. The City Council values your comments; however, in accordance with
State law, no action shall be taken on any item not appearing on the agenda
unless it is an emergency item authorized by the Brown Act [Government Code
§ 54954.2(b)].
CONFIRMATION OF AGENDA
CITY COUNCIL AGENDA Page 2 of 6 DECEMBER 20, 2022
CLOSED SESSION
1. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED LITIGATION;
SIGNIFICANT EXPOSURE TO LITIGATION PURSUANT TO PARAGRAPH
(2) OR (3) OF SUBDIVISION (d) OF GOVERNMENT CODE SECTION
54956.9 (NUMBER OF POTENTIAL CASES: 1)
RECESS TO CLOSED SESSION
RECONVENE AT 4:00 P.M.
REPORT ON ACTION(S) TAKEN IN CLOSED SESSION
PLEDGE OF ALLEGIANCE
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA
At this time, members of the public may address the City Council on any matter
not listed on the agenda pursuant to the "Public Comments - Instructions" listed
above. The City Council values your comments; however, in accordance with
State law, no action shall be taken on any item not appearing on the agenda
unless it is an emergency item authorized by the Brown Act [Government Code
§ 54954.2(b)].
ANNOUNCEMENTS, PRESENTATIONS, AND WRITTEN COMMUNICATIONS
1. PRESENTATION BY THE LIVING DESERT ON "PRIDE OF THE DESERT"
CAMPAIGN BY PRESIDENT/CEO ALLEN MONROE
CONSENT CALENDAR
NOTE: Consent Calendar items are routine in nature and can be approved by one motion.
PAGE
1. APPROVE COUNCIL MEETING MINUTES OF DECEMBER 6, 2022
2. AFFIRM RESOLUTION NO. 2021-035 FINDINGS RELATED TO THE STATE
OF EMERGENCY DUE TO COVID-19 AUTHORIZING THE CITY MANAGER
TO IMPLEMENT TELECONFERENCE ACCESSIBILITY ONLY WHEN A
PUBLIC MEETING OF THE LEGISLATIVE BODY IS HELD VIRTUALLY
PURSUANT TO ASSEMBLY BILL 361 (STATS. 2021, CH. 165)
3. APPROVE RECIPIENT FOR THE 2023 LA QUINTA SENIOR INSPIRATION
AWARD
4. RECEIVE AND FILE FISCAL YEAR 2021/22 DEVELOPMENT PROJECT FEE
REPORT
CITY COUNCIL AGENDA Page 3 of 6 DECEMBER 20, 2022
5. RECEIVE AND FILE FISCAL YEAR 2021/22 ART IN PUBLIC PLACES
ANNUAL REPORT
6. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED JUNE
30, 2022
7. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT DATED
SEPTEMBER 30, 2022
8. RECEIVE AND FILE FIRST QUARTER FISCAL YEAR 2022/23 TREASURY
REPORTS FOR JULY, AUGUST, SEPTEMBER 2022
9. RECEIVE AND FILE FISCAL YEAR 2021/22 MEASURE G SALES TAX
COMPLIANCE REPORT
10. APPROVE DEMAND REGISTERS DATED DECEMBER 2 AND DECEMBER 9,
2022
BUSINESS SESSION
PAGE
1. RECEIVE AND FILE FISCAL YEAR 2021/22 GENERAL FUND YEAR-END
BUDGET REPORT AND APPROVE THE AMENDED BUDGET CARRYOVERS
2. APPROPRIATE FUNDING FROM UNASSIGNED RESERVES AND APPROVE
AGREEMENT FOR CONTRACT SERVICES WITH NV5, INC., TO PREPARE
THE VILLAGE UNDERGROUNDING FEASIBILITY STUDY PROJECT NO.
2022-06
STUDY SESSION - None
PUBLIC HEARINGS - None
DEPARTMENTAL REPORTS
1. CITY MANAGER
2. CITY ATTORNEY
3. CITY CLERK
4. COMMUNITY RESOURCES
5. DESIGN AND DEVELOPMENT
6. FINANCE
7. PUBLIC WORKS
CITY COUNCIL AGENDA Page 4 of 6 DECEMBER 20, 2022
MAYOR'S AND COUNCIL MEMBERS' ITEMS
1. CVAG CONSERVATION COMMISSION (Evans)
2. CVAG ENERGY AND ENVIRONMENTAL RESOURCES COMMITTEE (Evans)
3. CVAG EXECUTIVE COMMITTEE (Evans)
4. GREATER PALM SPRINGS CONVENTION AND VISITORS BUREAU (Evans)
5. IMPERIAL IRRIGATION DISTRICT - COACHELLA VALLEY ENERGY COMMISSION
(Evans)
6. LEAGUE OF CALIFORNIA CITIES DELEGATE (Evans)
7. COACHELLA VALLEY WATER DISTRICT JOINT POLICY COMMITTEE (Evans)
8. SOUTHERN CALIFORNIA ASSOCIATION OF GOVERNMENTS (Evans)
9. ECONOMIC DEVELOPMENT SUBCOMMITTEE (Evans & Fitzpatrick)
10. COACHELLA VALLEY MOUNTAINS CONSERVANCY (McGarrey)
11. DESERT RECREATION DISTRICT COMMITTEE (Fitzpatrick & McGarrey)
12. COACHELLA VALLEY UNIFIED SCHOOL DISTRICT COMMITTEE (Fitzpatrick & Pena)
13. GREATER CV CHAMBER OF COMMERCE INFORMATION EXCHANGE COMMITTEE
(Fitzpatrick)
14. RIVERSIDE COUNTY TRANSPORTATION COMMISSION (Fitzpatrick)
15. CANNABIS AD HOC COMMITTEE (Pena and Sanchez)
16. CVAG PUBLIC SAFETY COMMITTEE (Pena)
17. CVAG VALLEY -WIDE HOMELESSNESS COMMITTEE (Pena)
18. LEAGUE OF CALIFORNIA CITIES - PUBLIC SAFETY POLICY COMMITTEE (Pena)
19. IMPERIAL IRRIGATION DISTRICT - ENERGY CONSUMERS ADVISORY
COMMITTEE (McGarrey)
20. COACHELLA VALLEY MOSQUITO AND VECTOR CONTROL DISTRICT (Pena)
21. CVAG TRANSPORTATION COMMITTEE (Fitzpatrick)
22. SUNLINE TRANSIT AGENCY (Pena)
23. DESERT SANDS UNIFIED SCHOOL DISTRICT COMMITTEE (Evans & Sanchez)
24. ANIMAL CAMPUS COMMISSION (Sanchez)
25. LEAGUE OF CALIFORNIA CITIES - TRANSPORTATION, COMMUNICATION AND
PUBLIC WORKS POLICY COMMITTEE (Sanchez)
26. RIVERSIDE LOCAL AGENCY FORMATION COMMISSION (Sanchez)
27. PLANNING COMMISSION MEETING MINUTES OF NOVEMBER 8, 2022 313
28. FINANCIAL ADVISORY COMMISSION MEETING MINUTES OF NOVEMBER 321
9, 2022
29. HOUSING COMMISSION SPECIAL MEETING MINUTES OF NOVEMBER 9, '5
2022
REPORTS AND INFORMATIONAL ITEMS
ADJOURNMENT
*********************************
CITY COUNCIL AGENDA Page 5 of 6 DECEMBER 20, 2022
The regular City Council meeting of January 3, 2023, has been cancelled.
The next regular meeting of the City Council will be held on January 17, 2023,
at 4:00 p.m. at the City Hall Council Chamber, 78495 Calle Tampico, La Quinta,
CA 92253.
DECLARATION OF POSTING
I, Monika Radeva, City Clerk of the City of La Quinta, do hereby declare that the
foregoing Agenda for the La Quinta City Council meeting was posted on the City's
website, near the entrance to the Council Chamber at 78495 Calle Tampico, and
the bulletin boards at the Stater Brothers Supermarket at 78630 Highway 111,
and the La Quinta Cove Post Office at 51321 Avenida Bermudas, on December
16, 2022.
DATED: December 16, 2022
V �
MONIKA RADEVA, City Clerk
City of La Quinta, California
Public Notices
• The La Quinta City Council Chamber is handicapped accessible. If special
equipment is needed for the hearing impaired, please call the City Clerk's
office at (760) 777-7123, 24-hours in advance of the meeting and
accommodations will be made.
• If background material is to be presented to the City Council during a City
Council meeting, please be advised that 15 copies of all documents, exhibits,
etc., must be supplied to the City Clerk for distribution. It is requested that
this takes place prior to the beginning of the meeting.
CITY COUNCIL AGENDA Page 6 of 6 DECEMBER 20, 2022
CONSENT CALENDAR ITEM NO. 1
CITY COUNCIL
MINUTES
TUESDAY, DECEMBER 6, 2022
CALL TO ORDER
A regular meeting of the La Quinta City Council was called to order at 3:00
p.m. by Mayor Evans.
PRESENT: Councilmembers Fitzpatrick, Pena, Radi, Sanchez, Mayor Evans
ABSENT: None
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA - None
CONFIRMATION OF AGENDA - Confirmed
CLOSED SESSION
1. CONFERENCE WITH REAL PROPERTY NEGOTIATORS PURSUANT
TO GOVERNMENT CODE SECTION 54956.8 FOR PROPERTY
LOCATED AT 51001 EISENHOWER DR (APN: 773-065-012)
CITY NEGOTIATOR: ]ON MCMILLEN, CITY MANAGER
NEGOTIATING PARTY: BRUCE AND JIM CATHCART
UNDER NEGOTIATION: PRICE AND TERMS OF PAYMENT
2. CONFERENCE WITH LEGAL COUNSEL - ANTICIPATED
LITIGATION. SIGNIFICANT EXPOSURE TO LITIGATION
PURSUANT TO PARAGRAPH (2) OR (3) OF SUBDIVISION (d) OF
GOVERNMENT CODE SECTION 54956.9 (NUMBER OF POTENTIAL
CASES: 1)
COUNCIL RECESSED THE OPEN SESSION PORTION OF THE MEETING
AND MOVED INTO CLOSED SESSION AT 3: 03 P. M.
MAYOR EVANS RECONVENED THE OPEN SESSION PORTION OF THE
CITY COUNCIL MEETING AT 4: 00 P.M. WITH ALL MEMBERS PRESENT
REPORT ON ACTION(S) TAKEN IN CLOSED SESSION:
City Attorney Ihrke reported no actions were taken in Closed Session that
require reporting pursuant to Government Code section 54957.1 (Brown Act).
PLEDGE OF ALLEGIANCE
Councilmember Pena led the audience in the Pledge of Allegiance.
CITY COUNCIL MINUTES Page 1 of 9 DECEMBER 6, 2022
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PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA
PUBLIC SPEAKER: Philip Bettencourt, La Quinta - expressed his gratitude and
presented service medallions to Councilmembers Pena, Fitzpatrick, and
Sanchez who represented the City at the Thanksgiving Day Ceremony hosted
by Rancho La Quinta residents for the US Marine Corp from the Air Ground
Combat Center in 29 Palms.
PUBLIC SPEAKER: Matthew Snyder, La Quinta - spoke of the City's negligence
in issuing Special Events Permits to the DuPont Estate (46485 Cameo Palms
Dr) due to the Estate's violation of the Municipal Code requirement to issue
notices to neighbors prior to holding an event.
PUBLIC SPEAKER: Claudia Snyder, La Quinta - read letter to the California
Department of Real Estate from her and her husband complaining about non-
disclosure by their real estate agent that the property they purchased was
located across the street from a property operating as a short-term vacation
rental (STVR) and it is a well-known nuisance.
PUBLIC SPEAKER: Dale Tyerman, La Quinta - thanked Councilmember Radi
for his service, dedication, and leadership to the community; his meaningful
mentoring and encouragement; expressed gratitude to Councilmember Radi
on behalf of the Trilogy community and thousands of residents for always
listening; and welcomed Councilmember-elect McGarrey, who he expects will
do an outstanding job serving the City.
PUBLIC SPEAKER: Jeff Fishbein, La Quinta Chamber Board Chair, representing
the Greater Coachella Valley Chamber of Commerce (Chamber) - on behalf of
the Chamber and the Fishbein family, thanked Councilmember Radi for his
service; congratulated Mayor Evans and Councilmember Pena on being re-
elected and Councilmember-elect McGarrey; noted upcoming Chamber events
include the Car Show in February, and tonight's mixer at the Old Town Artisan
Studio.
PUBLIC SPEAKER: Rob McFarlane, La Quinta - introduced himself and said he
and his wife are excited to bring a Crumbl Cookies store to La Quinta; and
anticipated opening on December 16, 2022.
PUBLIC SPEAKER: Richard (Dick) Mills, La Quinta - thanked Councilmember
Radi for his years of service and dedication and will miss his leadership;
congratulated re-elected Mayor Evans and Councilmember Pena, and
welcomed Councilmember-elect McGarrey; and requested an update on the
Talus project.
CITY COUNCIL MINUTES Page 2 of 9 DECEMBER 6, 2022
8
PUBLIC SPEAKER: Alena Callimanis, La Quinta - thanked Councilmember Radi,
congratulated Mayor Evans, Councilmember Pena, and Councilmember-elect
McGarrey; stated Council made the right decision in declining approval of the
wave park, as recent reports and articles support; noted her concern that
CVWD plans to stop replenishing the Thomas E. Levy facility; reported that
the State water project is only giving the Coachella Valley 5% of its allocation
for 2023; requested that the City carefully consider water consumption when
reviewing new developments; and wished all happy holidays.
BUSINESS SESSION
1. ADOPT RESOLUTION TO CERTIFY THE OFFICIAL CANVASS OF
ELECTION RESULTS FOR THE GENERAL MUNICIPAL ELECTION
HELD NOVEMBER 8, 2022 [RESOLUTION NO. 2022-041]
City Clerk Radeva presented the staff report, which is on file in the Clerk's
Office.
PUBLIC SPEAKER: Kay Wolff, La Quinta - thanked Councilmember Radi
personally, and on behalf of the community for his hard work, his service, and
contributions; stated that with the failure of Measure A, Council needs to: fully
enforce its Municipal Code to support and protect residents; improve the 24/7-
hotline response; provide code enforcement response to all complaints, not
just noise; clarify who residents should call when threatened, i.e., police or
code enforcement; provide progress reports to complainants; offer incentives
to STVR owners to relocate to Tourist Commercial zones; allow offended
neighbors to submit photos/videos and other evidence of infractions, rather
than requiring violations to be witnessed by code officers in order for citations
to be issued; publish the appeals procedure so residents know they can appeal
the City Manager's decisions; establish an appeals board for STVRs; rid
neighborhoods of known "bad apples"; require noise monitors at STVRs; add
more patrols; find and remove all unpermitted operators; address density of
STVR per block; publicize widely that no new permits will be issued, even after
the failure of Measure A; and fully define the phrase "detrimental to the public
interest" in the Code.
PUBLIC SPEAKER: Melissa Labayog, La Quinta - concerned about the impact
of STVRs on the quality of local schools; stated that it is incumbent on elected
officials to provide enforcement of STVRs; looking for a peaceful life which will
not be possible as long as the DuPont Estate operates as an event center;
requested that the City allow properties such as hers, located by a permitted
STVR/event venue, be allowed to get a STVR permit in order to sell the
property, because no family would buy it, or change her neighborhood,
Highland Palms, to a Tourist Commercial zone; and thanked Councilmember
Radi for always listening, being fair, and for his service.
CITY COUNCIL MINUTES Page 3 of 9 DECEMBER 6, 2022
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PUBLIC SPEAKER: David Dinnel, La Quinta - owns a STVR; frustrated that he
was unable to vote in La Quinta because his primary residence is in Los
Angeles; recommended allowing owners of STVRs to call code enforcement
when they catch their renters violating regulations, and for code enforcement
to issue citations on those renters without it being a strike against the
reporting owner; appreciates the hard work by the City; and wished to be a
good neighbor.
MOTION - A motion was made and seconded by Councilmembers
Radi/Fitzpatrick to adopt Resolution No. 2022-041 as recommended:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA,
CALIFORNIA, RECITING THE FACT OF THE GENERAL MUNICIPAL
ELECTION HELD ON THE EIGHTH (8T") DAY OF NOVEMBER 2022,
DECLARING THE RESULTS AND SUCH OTHER MATTERS AS PROVIDED
BY LAW
Motion passed unanimously.
ANNOUNCEMENTS, PRESENTATIONS AND WRITTEN COMMUNICATIONS
ANNOUNCEMENT ADDED: IRONMAN TRIATHLON
Council congratulated City employee Ubaldo Ayon, Assistant Construction
Manager at the Public Works Department, for completing the triathlon.
ANNOUNCEMENT ADDED: AMERICAN FLAG DISPOSAL BOX AT CITY HALL
Mayor Evans provided information on the new box installed on Veterans' Day
for proper disposal of worn American flags, in coordination with the American
Legion. She reported that 30 flags were dropped off in the last two weeks.
1. ADMINISTER OATHS OF OFFICE TO RE-ELECTED MAYOR EVANS
AND COUNCILMEMBER PENA, AND NEWLY ELECTED
COUNCILMEMBER McGARREY
City Clerk Radeva administered the Oath of Office to Mayor Evans and
Councilmembers Pena and McGarrey.
2. PRESENTATION OF CERTIFICATES OF ELECTION TO RE-ELECTED
MAYOR EVANS AND COUNCILMEMBER PENA, AND NEWLY -
ELECTED COUNCILMEMBER McGARREY
City Clerk Radeva presented Certificates of Election to Mayor Evans and
Councilmembers Pena and McGarrey.
Newly -elected Councilmember McGarry thanked her husband, parents,
friends, Councilmember Radi, and Councilmembers throughout the Coachella
CITY COUNCIL MINUTES Page 4 of 9 DECEMBER 6, 2022
10
Valley for their support and guidance during the campaign; and promised to
listen to and work for the La Quinta residents.
Councilmember Pena thanked his wife and the community and said Council
will carry out its duties with honor and dignity; looks forward to finishing some
of the hard work Council has started; appreciates Councilmember Radi's eight
years of dedicated service to the City; and noted that it's a pleasure to work
with this Council who always has the best interests of the La Quinta
community at heart.
Mayor Evans thanked the residents of La Quinta for trusting this Council;
thanked City staff; hoped that the two sides of the Measure A issue will remain
friends, as happened years ago with Measure G; stated that Council will
continue STVR enforcement and improvements; and Council will continue to
work civilly and well together.
ROLL CALL OF NEWLY SEATED COUNCIL
PRESENT: Councilmembers Fitzpatrick, McGarrey, Pena, Sanchez, and Mayor
Evans
ABSENT: None
CONSENT CALENDAR
1. APPROVE MINUTES DATED NOVEMBER 1, 2022
2. APPROVE MINUTES DATED NOVEMBER 15, 2022
3. AFFIRM RESOLUTION NO. 2021-035 FINDINGS RELATED TO THE
STATE OF EMERGENCY DUE TO COVID-19 AUTHORIZING THE
CITY MANAGER TO IMPLEMENT TELECONFERENCE
ACCESSIBILITY ONLY WHEN A PUBLIC MEETING OF THE
LEGISLATIVE BODY IS HELD VIRTUALLY PURSUANT TO
ASSEMBLY BILL 361 (STATS. 2021, CH. 165)
4. EXCUSE ABSENCE OF COMMISSIONER LUETT]OHANN FROM THE
NOVEMBER 9, 2022, FINANCIAL ADVISORY COMMISSION
MEETING
5. APPROVE CONTRACT SERVICE AGREEMENT TO EXTEND
PROPERTY TAX CONSULTING AND AUDIT SERVICES WITH HDL
COREN & CONE
6. APPROVE DEMAND REGISTERS DATED NOVEMBER 11 AND
NOVEMBER 18, 2022
CITY COUNCIL MINUTES Page 5 of 9 DECEMBER 6, 2022
11
MOTION - A motion was made and seconded by Councilmembers Pena/
Fitzpatrick to approve Consent Calendar Item Nos. 3 - 5 as recommended,
with Item No. 3 reaffirming Resolution No. 2021-035. Motion passed
unanimously.
MOTION - A motion was made and seconded by Councilmembers Pena/
Fitzpatrick to approve Consent Calendar Item Nos. 1 and 2 as recommended.
Motion passed: ayes - 4, noes - 0, abstain - 1 (McGarrey), absent - 0.
STUDY SESSION
1. RECEIVE AND FILE ANNUAL REPORT OF PUBLIC SAFETY CAMERA
SYSTEM (PSCS)
Public Safety Manager Mendez, Traffic Management Analyst Gunterson, and
Riverside County Sheriff's Department Lieutenant Martinez presented the staff
report, which is on file in the Clerk's Office. Riverside County Sheriff Deputy
Wiggs provided additional information.
Council discussed the recent approval of Coachella Valley -wide
synchronization of traffic equipment; collaboration with businesses for law
enforcement to examine their camera footage in addition to intersection
cameras to solve crimes; the importance of good policy in operating public
cameras; currently, no other city has camera coverage and operation like La
Quinta; the Sheriff Department's centralized management of license plate
reader (LPRs) cameras; CVAG project purpose is to analyze traffic patterns;
the positive results of cameras apparent in crime stats provided in the report;
cameras being a deterrent to crime; getting word out to criminals that La
Quinta has cameras; internally tracking park vandalism; cameras usefulness
in traffic investigations; training for Community Service Officers; increasing
retention of high resolution video; improving lighting for LPRs along Highway
111; lack of complaints from residents; no privacy violations reported; and
Phase 2 budget and complications.
PUBLIC SPEAKER: Kay Wolff, La Quinta - congratulated new Councilmember
McGarrey; conveyed questions in an email authored by resident Mario Sewell
regarding recipients of exported traffic camera videos and public oversight;
maps of camera locations; project budget; procedure for public requests to
view videos; use of facial recognition; rolling data retention; and inclusion of
citizen representatives on video review committee.
CITY COUNCIL MINUTES Page 6 of 9 DECEMBER 6, 2022
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WRITTEN PUBLIC COMMENTS were received, distributed to Council, made
public on the City's website, and included in the public record of this meeting
as follows:
• Mario Sewell, La Quinta, submitted by Kay Wolff who read them into the
record as noted above, regarding the use and recordings of the PSCS.
RECOGNITION OF FORMER COUNCILMEMBER ROBERT RADI
City Manager McMillen introduced City staff's video in celebration and
appreciation of retiring Councilmember Robert Radi.
MAYOR EVANS RECESSED THE MEETING TO CITY HALLS ANNUAL OPEN
HOUSE MEET AND GREET AT 5: 55 P. M.
MAYOR EVANS RECONVENED THE CITY COUNCIL MEETING AT 6: 57 P.M.
WITH ALL MEMBERS PRESENT
PUBLIC HEARINGS
1. ADOPT RESOLUTION TO VACATE A 691-SQUARE-FOOT PORTION
OF AVENIDA BERMUDAS AND AVENIDA LA FONDA PUBLIC
RIGHT-OF-WAY ADJACENT TO 78015 MAIN STREET SUITE 100
[RESOLUTION NO. 2022-042]
Associate Engineer Yu and Public Works Director McKinney presented the staff
report, which is on file in the Clerk's Office.
MAYOR EVANS DECLARED THE PUBLIC HEARING OPEN AT 7:01 P.M.
Council discussed CVWD's easement on the property.
PUBLIC SPEAKER: Michael McKaliff, President of McKaliff and Company
Architects - described the remodeling plans, and the need to remedy the
property line.
MAYOR EVANS DECLARED THE PUBLIC HEARING CLOSED AT 7:03 P.M.
MOTION - A motion was made and seconded by Councilmembers Pena/
Sanchez to adopt Resolution No. 2022-042 as recommended:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LA QUINTA,
CALIFORNIA, VACATING A 691-SQUARE-FOOT PORTION OF AVENIDA
BERMUDAS AND AVENIDA LA FONDA PUBLIC RIGHT-OF-WAY
ADJACENT TO 78015 MAIN STREET SUITE 100
Motion passed unanimously.
CITY COUNCIL MINUTES Page 7 of 9 DECEMBER 6, 2022
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BUSINESS SESSION - CONTINUED
2. APPOINT A MEMBER OF THE CITY COUNCIL TO SERVE AS MAYOR
PRO TEMPORE FOR ONE YEAR
Council waived presentation of the staff report, which is on file in the Clerk's
Office.
MOTION - A motion was made and seconded by Councilmembers Fitzpatrick/
Pena to nominate Councilmember Sanchez to serve as Mayor Pro Tempore for
calendar year 2023. Councilmember Sanchez accepted the nomination.
Motion passed unanimously.
3. APPOINT MEMBERS OF THE CITY COUNCIL TO SERVE ON
VARIOUS OUTSIDE AGENCIES FOR 2023
Council waived presentation of the staff report, which is on file in the Clerk's
Office.
Council discussed the current outside agencies appointments, along with their
availability, and interests, and reached a consensus to serve on various
outside agencies for calendar year 2023 as noted on Attachment 1.
MOTION - A motion was made and seconded by Councilmembers Fitzpatrick/
Sanchez to appoint Members of the City Council to serve on various outside
agencies for calendar year 2023 as detailed in Attachment 1, incorporated
herewith by this reference. Motion passed unanimously.
4. APPROVE CANCELLATION OF REGULAR CITY COUNCIL MEETING
OF JANUARY 3, 2023
Council waived presentation of the staff report, which is on file in the Clerk's
Office.
MOTION - A motion was made and seconded by Councilmembers Pena/
McGarrey to approve cancellation of the regular City Council meeting of
January 3, 2023. Motion passed unanimously.
5. RE -ALLOCATE FUNDS FROM CAPITAL IMPROVEMENT PROGRAM
AND PARK EQUIPMENT FUNDS ACCOUNTS NOT TO EXCEED
$850,000 TO REPLACE THE SPLASH PAD AT LA QUINTA PARK
Management Analyst Hansen presented the staff report, which is on file in the
Clerk's Office.
CITY COUNCIL MINUTES Page 8 of 9 DECEMBER 6, 2022
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Council discussed updating the splash pad design; finding funds to install a
shade structure over the swings; alternate locations for a splash pad; using a
turf base; and meeting County health requirements.
MOTION - A motion was made and seconded by Councilmembers Fitzpatrick/
Pena to re -allocate funds from Capital Improvement Program account 201903
and 503-0000-71060 Park Equipment Funds not to exceed $850,000 to
replace the Splash Pad at La Quinta Park, and in addition, to provide a project
schedule to Council. Motion passed unanimously.
DEPARTMENTAL REPORTS - All reports are on file in the City Clerk's Office.
MAYOR'S AND COUNCIL MEMBERS' ITEMS
Mayor Evans reported on the Rancho La Quinta Thanksgiving event for the US
Marine Corp from the Air Ground Combat Center in 29 Palms; kickoff of Old
Town holiday events; return of the farmers' market; City's annual Tree
Lighting ceremony; Casita holiday lighting event; Annual Peace Officer and
Public Safety Award luncheon; the All -Hands breakfast with City staff, and
LAFCO stakeholder session.
REPORTS AND INFORMATIONAL ITEMS
La Quinta's representative for 2022, Mayor Evans reported on her participation
in the following organizations' meetings:
• CVAG EXECUTIVE COMMITTEE
• GREATER PALM SPRINGS CONVENTION AND VISITORS' BUREAU
ADJOURNMENT
There being no further business, a motion was made and seconded by
Councilmembers Pena/Sanchez to adjourn at 7:36 p.m. Motion passed
unanimously.
Respectfully submitted,
MONIKA RADEVA, City Clerk
City of La Quinta, California
CITY COUNCIL MINUTES Page 9 of 9 DECEMBER 6, 2022
15
2023 Assignments APPOINTED DECEMBER 6, 2022 ATTACHMENT 1
AGENCY
2023 MEETING SCHEDULE
2023 REPRESENTATIVES
Animal Campus Commission
1st Thursday, quarterly at 9:30 am
Member: Mayor Pro Tern Sanchez
(2023: Feb 2, May 4, Aug 3, Nov 2)
Alternate: Councilmember Fitzpatrick
Member: Mayor Pro Tern Sanchez
California Joint Powers Insurance Authority*
Annual meeting in July
Alternate: Monika Radeva and/or
Claudia Martinez
1st quarter - Councilmember McGarrey
2nd quarter - Mayor Pro Tern Sanchez
Greater CV Chamber of Commerce
Councilmembers rotate - 3rd Thursday
3rd quarter - Mayor Evans
Information Exchange Committee
every month at 8:30 am
4t" quarter - Councilmember Fitzpatrick
Alternate - Councilmember Pena
Art Purchase Committee - March 2023
Meet during Art Celebrations;
Members: Com Servs. Corn (2) Members;
Art Purchase Committee - November 2023
(March 2-5, 2023; Nov. 9-12, 2023)
Mar. - Sanchez & McGarrey;
Nov. - Evans & Fitzpatrick
Annual banquet - last Monday in June in
Delegate: Mayor Evans
CVAG General Assembly
Chair's city
Alternate: Mayor Pro Tern Sanchez
June 26 2023 at 6 m
Members: All Councilmembers
CVAG Conservation Commission*
2nd Thursday of each month at 10:30 am
Member: Mayor Evans
(2023: dark March, July, Aug, Oct, Dec)
Alternate: Councilmember Fitzpatrick
CVAG Energy & Environmental Resources
2nd Thursday of each month at 12 m
p
Member: Mayor Evans
Committee*
(2023: dark March, July, Aug, Oct, Dec)
Alternate: Councilmember Fitzpatrick
CVAG Executive Committee*
Last Monday of each month at 4:30 pm
Member: Mayor Evans
(2023: dark March, July, Aug, Oct, Dec)
Alternate: Mayor Pro Tern Sanchez (rotating)
CVAG Public Safety Committee*
2"d Monday of each month at 9 am
Member: Councilmember Pena
(2023: dark Mar, Apr, Jul, Aug, Oct, Dec)
Alternate: Mayor Pro Tern Sanchez
CVAG Transportation Committee*
1st Monday of each month at 10 am
Member: Councilmember Fitzpatrick
(2023: dark March, July, Aug, Oct, Dec)
Alternate: Councilmember McGarrey
CVAG Homelessness Committee*
3rd Wednesday of each month at 10 am
Member: Councilmember Pena
(2023; dark Mar, July, Aug, Oct, Dec)
Alternate: Councilmember Fitzpatrick
Coachella Valley Mosquito & Vector Control District
2nd Tuesday of each month at 6 pm
Member: Councilmember Pena
(CVMVCD)
Appointed 10/19/2021 to serve thru 12/31/2025
2"d Monday, every other month at 3 pm
Member: Councilmember McGarrey
Coachella Valley Mountains Conservancy (CVMC)*
(2023: Jan 9, Mar 13, May 8, Jul 10, Sept
Alternate: Councilmember Fitzpatrick
11, Nov 13)
Coachella Valley Unified School District
TBD
Members: Councilmembers Fitzpatrick &
2x2 Committee [established 11/03/2015]
Pena
* Note: receives stipend 16
2023 Assignments
APPOINTED DECEMBER 6, 2022
January Members: McGarrey & Fitzpatrick
Community Service Grant Review Committee
Three per year: January, May & September
May Members: Evans & Sanchez
September Members: McGarrey & Pena
Coachella Valley Water District Joint Policy
As needed - TBD
Member: Mayor Evans
Committee
Alternate: Mayor Pro Tern Sanchez (rotating)
Desert Sands Unified School District
TBD
Members: Mayor Evans & Mayor Pro Tem
2x2 Committee [established June 2013]
Sanchez
Desert Recreation District
TBD
Members: Councilmembers Fitzpatrick &
2x2 Committee [established Jan. 2017]
McGarrey
Economic Development Subcommittee
Meet twice a month; TBD and 4th
Members: Mayor Evans & Councilmember
[established May 20, 2014]
Wednesday at 4 p.m.
Fitzpatrick
Alternate Member: Mayor Pro Tern Sanchez
Visit Greater Palm Springs Convention & Visitors
Tuesday's at 8:30 am at rotating locations
Members: Mayor Evans
Bureau*
(2023: Jan 31, April 4, June 27, Sept 26, Dec 15
Alternate Member: Mayor Pro Tern Sanchez
18• dark in Feb May,July,Aug,Oct
1st Monday of every month at 6 p.m.
Member: Councilmember McGarrey
IID Energy Consumers' Advisory Committee (ECAC)
(2023: Jan 9, Feb 6, March 6, April 3, May 1,
Appointment will end December 2026
June 5, July 10, Aug 7, Sept 11, Oct 2, Nov 6,
Public Member: Lee Osborne
Dec 11)
Alternate: none (IID does not recognize alternates)
2nd Thursday of every month at 4 p.m.
IID Coachella Valley Energy Commission (CVEC)
(may be held at IID Headquarters in LQ or rotating from time
to time at facilities in the cities of Coachella, Indio, La Quinta,
Members: Mayor Evans
Appointment will end December 2023
Palm Desert, Indian Wells, Rancho Mirage, tribal nations, or
unincorporated areas of Imperial & Riverside counties
League of California Cities - Delegate for annual
Annual conference(s) & General Assembly
Member: Mayor Evans
conference
September 20-22, 2023 in Sacramento, CA
Alternate: Mayor Pro Tern Sanchez
League of California Cities - Public Safety
Three meetings per year
Members: Mayor Pro Tern Sanchez -
Committee
(2023: Jan, Feb, April, & June)
Presidential Appointment & Councilmember
Pena - Division Appointment
League of California Cities - Governance,
Three meetings per year
Member: Councilmember McGarrey -
Transparency, and Labor Relations Policy
(2023: Jan, Feb, April, & June)
Presidential Appointment
Committee
Riverside County Transportation Commission
2nd Wednesday of each month at 9:30 am
Member: Councilmember Fitzpatrick
(RCTC) [one rep appointed by every city]
Alternate: Councilmember McGarrey
Riverside Local Agency Formation Commission
4th Thursday of each month at 9:30 am
Member: Mayor Pro Tern Sanchez
(LAFCO)
(dark Nov 2023?)
Annual Regional Conference & General
Delegate: Mayor Evans
So. Calif. Association of Governments (SCAG)
Assembly - May 4-5, 2023 - Marriott
Alternate Member: Mayor Pro Tern Sanchez
Springs Resort - Palm Desert
4th Wednesday of each month at 10am-lpm
Member: Councilmember Pena
Sunline Transit Agency*
noon (includes Committees)
Alternate: Councilmember Fitzpatrick
dark Aug& Nov 2023
* Note: receives stipend 17
M.,
CONSENT CALENDAR ITEM NO. 2
City of La Quinta
CITY COUNCIL MEETING: December 20, 2022
STAFF REPORT
AGENDA TITLL: AFFIRM RESOLUTION NO. 2021-035 FINDINGS RELATED TO
THE STATE OF EMERGENCY DUE TO COVID-19 AUTHORIZING THE CITY
MANAGER TO IMPLEMENT TELECONFERENCE ACCESSIBILITY ONLY WHEN A
PUBLIC MEETING OF THE LEGISLATIVE BODY IS HELD VIRTUALLY PURSUANT TO
ASSEMBLY BILL 361 (STATS. 2021, CH. 165)
RECOMMENDATION
Affirm Resolution No. 2021-035 findings related to the state of emergency due to
COVID-19 authorizing the City Manager to implement teleconference accessibility
only when a public meeting of the legislative body is held virtually pursuant to
Assembly Bill 361 (Stats. 2021, Ch. 165).
EXECUTIVE SUMMARY
• Pursuant to Assembly Bill 361 (Stats. 2021, Ch. 165) (AB 361), which
waived certain provisions of the Ralph M. Brown Act (Brown Act) and
authorized local agencies to hold public meetings via teleconferencing
whenever a state of emergency exists that makes it unsafe to meet in
person, Council must reconsider the circumstances of the state of
emergency every 30 days and affirm the required findings in order to
continue to allow teleconference accessibility for public meetings.
• On September 28, 2021, Council adopted Resolution No. 2021-035
(Attachment 1) making the required findings under AB 361 and authorizing
the City Manager to implement teleconference accessibility to conduct
public meetings.
FISCAL IMPACT - None.
BACKGROUND/ANALYSIS
AB 361 was signed into law by the Governor on September 16, 2021, which went
into effect immediately as urgency legislation (codified under Government Code
§ 54953) and waived certain provisions of the Brown Act in order to allow local
agencies to continue to meet remotely. Specifically, the bill allows remote
teleconference flexibility, but only when there is a state of emergency that makes
it unsafe to meet in person.
W
In addition, AB 361 added specific procedures and clarified the requirements for
conducting remote meetings, including the opportunity for the public to provide
public comment in real time; the legislative body shall take no actions during
disruptions; and the legislative body, by majority vote, shall determine that
meeting in -person would present imminent risk to the health or safety of
attendees and shall affirm these findings every 30 days, in order to continue to
allow teleconference accessibility for conducting public meetings [Government
Code § 54953(e)(3)]. AB 361 will sunset on January 1, 2024.
The City has implemented procedures for conducting public meetings to ensure
full compliance with AB 361. In addition to the ability to attend public meetings
in -person, teleconference accessibility via call -in option or an internet-based
service option (via the Zoom Webinars platform) is listed on the published agenda
for each meeting as well as on the City's website. The City monitors attendance
via teleconference as well as email correspondence (as published on the agenda)
throughout each public meeting and provides access for public comment
opportunities in real time both verbally and in writing.
On September 28, 2021, Council adopted Resolution No. 2021-035 making the
initially required findings under AB 361 in order to allow the City to continue to
offer teleconference accessibility for public meetings after September 30, 2021,
to help mitigate the spread of COVID-19.
As noted above, Council must reconsider the state of emergency due to COVID-
19 every 30 days and affirm the findings under Resolution No. 2021-035. If
approved, AB 361 teleconference procedures and accessibility for conducting
public meetings would still be authorized, but notices of City legislative body
meetings and agendas will include teleconference instructions and ability to
participate by teleconference only when such AB 361 procedures are applied.
Council has affirmed the findings under Resolution No. 2021-035 as follows:
October 19, 2021
June 7, 2022
November 16, 2021
June 21, 2022
December 7, 2021
July 19, 2022
December 21, 2021
August 2, 2022
January 18, 2022
September 20, 2022
February 15, 2022
October 18, 2022
March 15, 2022
November 15, 2022
April 5, 2022
December 6, 2022
May 3, 2022
May 17, 2022
Prepared by:
Approved by
Attachment:
Monika Radeva, City Clerk
Jon McMillen, City Manager
1. Council Resolution No. 2021-035
20
ATTACHMENT 1
RESOLUTION NO. 2021 - 035
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LA QUINTA, CALIFORNIA,
AUTHORIZING THE CITY MANAGER TO
IMPLEMENT TELECONFERENCE ACCESSIBILITY
FOR CONDUCTING PUBLIC MEETINGS
PURSUANT TO ASSEMBLY BILL 361 (STATS.
2021, CH. 165)
WHEREAS, on March 4, 2020, the Governor of California proclaimed a
State of Emergency to exist in California as a result of the threat of novel
coronavirus disease 2019 (COVID-19); and
WHEREAS, on March 17, 2020, the City Council adopted Emergency
Resolution No. EM 2020-001, proclaiming a local emergency as defined in La
Quinta Municipal Code Section 2.20.020, due to the threat of the existence
and spread of COVID-19; and
WHEREAS, on March 17, 2020, the Governor of California executed
Executive Order N-29-20 which suspended and modified specified provisions
in the Ralph M. Brown Act (Government Code Section § 54950 et seq.) and
authorized local legislative bodies to hold public meetings via teleconferencing
and to make public meeting accessible telephonically or otherwise
electronically to all members of the public seeking to observe and address the
local legislative body; and
WHEREAS, on June 11, 2021, the Governor of California executed
Executive Order N-08-21 which extended the provisions of Executive Order N-
29-20 concerning teleconference accommodations for public meetings through
September 30, 2021; and
WHEREAS, on September 16, 2021, the Governor of California signed
into law Assembly Bill 361 (AB 361, Rivas) (Stats. 2021, ch. 165) amending
Government Code § 54953 and providing alternative teleconferencing
requirements to conduct public meetings during a proclaimed state of
emergency; and
WHEREAS, AB 361 (Stats. 2021, ch. 165) imposes requirements to
ensure members of the public are able to attend and participate in public
meetings conducted via teleconference, including:
21
Resolution No. 2021 - 035
Teleconference Procedures for Conducting Public Meetings Pursuant to AB 361 (Stats. 2021, ch. 165)
Adopted: September 28, 2021
Page 2 of 4
• Notice of the means by which members of the public may access the
meeting and offer public comment, including an opportunity for all
persons to attend via a call -in option or an internet-based service
option;
• The legislative body shall take no further action on agenda items when
there is a disruption which prevents the public agency from broadcasting
the meeting, or in the event of a disruption within the local agency's
control which prevents members of the public from offering public
comments, until public access is restored;
• Prohibits the legislative body from requiring public comments to be
submitted in advance of the meeting and specifies that the legislative
body must provide an opportunity for members of the public to address
the legislative body and offer comments in real time;
• Prohibits the legislative body from closing the public comment period
until the public comment period has elapsed or until a reasonable
amount of time has elapsed; and
WHEREAS, the City has already implemented and is in full compliance
with the requirements listed above when conducting public meetings via
teleconference, which are now codified in Government Code § 54953(e)(2)(B-
G); and
WHEREAS, pursuant to Government Code § 54953(e)(B), the
legislative body shall hold a meeting during a proclaimed state of emergency
for the purpose of determining, by majority vote, whether as a result of the
emergency, meeting in person would present imminent risks to the health and
safety of attendees. The City Council must make these findings no later than
30 days after the first teleconferenced meeting is held pursuant to AB 361
(Stats. 2021, ch. 165) after September 30, 2021, and must also make these
findings every 30 days thereafter, in order to continue to allow teleconference
accessibility for conducing public meetings.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of La Quinta, California, as follows:
SECTION 1. The City Council hereby declares that the recitals set forth
above are true and correct, and incorporated into this resolution as findings
of the City Council.
22
Resolution No. 2021 - 035
Teleconference Procedures for Conducting Public Meetings Pursuant to AB 361 (Stats. 2021, ch. 165)
Adopted: September 28, 2021
Page 3 of 4
SECTION 2. The City Council hereby declares that a state of emergency
as a result of the threat of COVID-19 still exists and continues to impact the
ability of members of the public, the City Council, City Boards, Commissions,
and Committees, City staff and consultants to meet safely in person.
SECTION 3. The State of California and the City of La Quinta continue to
follow safety measures in response to COVID-19 as ordered or recommended
by the Centers for Disease Control and Prevention (CDC), California
Department of Public Health (DPH), and/or County of Riverside, as applicable,
including facial coverings when required and social distancing.
SECTION 4. The City Council hereby declares that, pursuant to the
findings listed in this Resolution, the City Manager is authorized to utilize
teleconferencing accessibility to conduct public meetings pursuant to AB 361
(Stats. 2021, ch. 165) and Government Code § 54953, as amended thereby.
SECTION 5. Severability: If any section, subsection, subdivision,
sentence, clause, phrase, or portion of this Resolution is, for any reason, held
to be invalid or unconstitutional by the decision of any court of competent
jurisdiction, such decision shall not affect the validity of the remaining portions
of this Resolution. The City Council hereby declares that it would have
adopted this Resolution and each and every section, subsection, subdivision,
sentence, clause, phrase, or portion thereof, irrespective of the fact that any
one or more sections, subsections, subdivisions, sentences, clauses, phrases,
or portions thereof be declared unconstitutional.
SECTION 6. Effective Date: This Resolution shall become effective
immediately upon adoption.
PASSED, APPROVED, and ADOPTED at a regular meeting of the La
Quinta City Council held on this 28th day of September, 2021, by the following
vote:
AYES: Council Members Fitzpatrick, Pena, Radi, Sanchez, Mayor
Evans
NOES: None
ABSENT: None
ABSTAIN: None
23
Resolution No. 2021 - 035
Teleconference Procedures for Conducting Public Meetings Pursuant to AB 361 (Stats. 2021, ch. 165)
Adopted: September 28, 2021
Page 4 of 4
LINDA EVANS, Mayor
City of La Quinta, California
ATTEST:
MONIKA RADEVA, Cit Jerk
City of La Quinta, California
(CITY SEAL)
APPROVED AS TO FORM:
WILLIAM H. IHRKE, City Attorney
City of La Quinta, California
24
CONSENT CALENDAR ITEM NO. 3
City of La Quinta
CITY COUNCIL MEETING: December 20, 2022
STAFF REPORT
AGENDA TITLE: APPROVE RECIPIENT FOR THE 2023 LA QUINTA SENIOR
INSPIRATION AWARD
RECOMMENDATION
Approve Ada Nuckels as the La Quinta recipient for the 2023 Senior Inspiration
Awa rd .
EXECUTIVE SUMMARY
• Riverside County's annual Senior Inspiration Award Program recognizes
and honors outstanding senior citizens for volunteer involvement.
• Each Coachella Valley city nominates a resident and/or volunteer for this
program.
• In November 2022, Staff requested nominations and received five
nominees.
• In December 2022, the Community Services Commission reviewed the
nominations and recommended Ada Nuckels.
BACKGROUND/ANALYSIS
Each year, the County of Riverside and Coachella Valley cities select a senior
citizen, 65 or older, to be recognized for their volunteerism and active
engagement in their community. Staff solicited nominations (Attachment 1)
from Greater Coachella Valley Chamber of Commerce, La Quinta Historical
Society, La Quinta Rotary Club, Friends of the La Quinta Library, La Quinta
Cove Neighborhood Association, Friends of the Desert Mountains, Coachella
Valley Rescue Mission, FIND Food Bank, Desert Classic Charities, Riverside
County Sheriff (La Quinta Police), Riverside County Fire, La Quinta Library and
La Quinta Museum. A call out for nominees was also done through social
media. The following nominations were received:
• Ernest Cisneros, nominated by Lt. Andres Martinez, Riverside County
Sheriff Department
• Marge Dodge, nominated by Kat Hughes, SCOPE Events, LLC
• Peter Gasperni, nominated by Alejandro Mireles, Riverside County Fire
Department
• Phil La Greca, nominated by Kat Hughes, SCOPE Events, LLC 25
• Ada Nuckels, nominated by Tammy Martin, Friends of the Desert
Mountains
Only one nomination can be submitted from each Coachella Valley city. All
nominees meet the award criteria. In December, the Community Services
Commission reviewed the nominations and unanimously recommended
submittal of Ada Nuckels' nomination for the 2023 Senior Inspiration Award.
Ada Nuckels has accumulated over 10,000 volunteer hours with Friends of the
Desert Mountains. Many of those hours involve the removal of invasive plant
species, trail clean up and restoration, and leading interpretative hikes along
the La Quinta Cove trails. Ada leads and organizes the Full Moon Hikes which
are regularly attended by hundreds of hikers every year. Ada began hiking at
age 66, and by age 67 she started to lead hikers on the Santa Rosa and San
Jacinto Mountain trails. For the past decade, Ada has studied the plants,
animals, geology, and history of the local trails, and she readily shares her
knowledge with the hiking community. In addition to educating children and
adults about the importance of trail conservation, Ada has spent countless
hours removing invasive weeds, picking up trash, assisting with wildlife
surveys, and organizing volunteer groups to assist with trail maintenance.
Ada's passion and enthusiasm for outdoor conservation encourages La Quinta
residents and visitors of all ages to appreciate the beauty of the local
mountains and recognize the importance of preserving local trails.
The award will be presented at the annual Senior Inspiration Award luncheon
on Thursday, March 30, 2023, at Fantasy Springs Casino in Indio.
ALI cRNATIVE!
Staff does not recommend an alternative.
Prepared by: Michael Calderon, Community Resources Analyst
Approved by: Christina Calderon, Community Resources Manager
Attachments: 1. Nomination Request Letter
2. 2023 SIA Nomination Forms
26
ATTACHMENT 1
C(J Q"&a
(ALIFOR\I.\ -
October 10, 2022
NAME OF ORGANIZATION
NAME OF CONTACT
Thank you for your continued support and involvement with the City of La Quinta. This letter
is to invite you to assist us with seeking nominations for an outstanding senior.
Since 1992, and now in its 315t year, the County of Riverside and the nine incorporated cities
of the Coachella Valley have sponsored the Senior Inspiration Awards Luncheon. Annually, each
city selects one recipient as their outstanding senior for this event. The event will be held at the
Fantasy Springs Resort Special Event Center in Indio on March 30, 2023.
This is our collective opportunity to recognize our senior residents who have gone above and
beyond for our community. Nominations are now being accepted, and we invite you to submit
one or more names, along with a brief summary (max 150 words), stating why this senior
should be recognized for the La Quinta Senior Inspiration Award Honoree.
The County has provided the following criteria for potential honorees:
• The honoree should be at least 65 years or older;
• Reside and/or volunteer in La Quinta;
• Be actively involved in community affairs;
• Personifies a healthy, active and contributing attitude and lifestyle.
Nomination Forms are enclosed for your use and submission. Please complete one or more
Nomination Forms and return to Caroline Doran at the Wellness Center, 78-450
Avenida La Fonda, La Quinta CA, 92253 no later than November 18, 2022. You can also
email the forms to her at: cdoran@laquintaca.gov.
Our deadline is needed to ensure the nominees are reviewed by our Community Services
Commission with recommendations to follow to the La Quinta City Council, who makes the final
approval. We have provided a list of our previous honorees for your convenience.
We're proud of the contributions our residents make to our community. Let's continue to
highlight and recognize the great work being accomplished by our La Quinta seniors. Thank
you!
Sincerely,
Linda Evans, Mayor
City of La Quinta
NE.,
ATTACHMENT 2
��S�tRATj��
r r
Riverside County Supervisor V. Manuel Perez presents
31 st ANNUAL
SENIOR INSPIRATION AWARDS
2023
The Senior Inspiration Awards is a beloved event in its 311 year. Every year, the County of Riverside and the Coachella Valley's
nine cities honor senior citizens 65 years of age and older who inspire others through their volunteerism and active engagement in the
community. This annual event honors these unsung heroes for their ongoing contribution and dedication to our communities.
If you would like to nominate someone for this honor, please complete this form and return to Caroline Doran, Attention: Caroline
Doran or Monica Castaneda at 78450 Avenida La Fonda, La Quinta, CA 92253 or via email at cdoran@laquintaca.gov or
mcastaneda@laquintaca.gov
Official Nomination Form Deadline: November 18, 2022
Eligible recipients must:
-Be at least 65 years old
-Reside and/or volunteer in the Coachella Valley or Palo Verde Valley
-Be actively involved in community affairs for a lengthy period of time
-Deserve to receive recognition and/or may not otherwise receive recognition for his or her service to the community
-Personify a healthy, active, and contributing attitude and lifestyle
Nominee
Name of Nominee Ernest Cisneros
Mailing Address
Email
Organization Individual Volunteers With La Quinta Citizens on Patrol
Years with Organization
Nominator
Phone
Name of Nominator It. Andres Martinez Phone
City or Organization Riv. Co Sheriff / City of La Quinta Email
Reason for Nomination Hundreds of selfless volunteer hours
RIVERSIDE COUNTY SHERIFF'S DEPARTMENT
CHAD BIANCO, SHERIFF
TO: Caroline Doran
FROM: Lt. Andres Martinez #3590
SUBJECT: 3111 Annual Senior Inspiration Awards 2023
Ms. Doran,
DATE: October 20, 2022
This memorandum is written in nomination of Ernest "Ernie" Cisneros for a Senior Inspiration Award.
On April 131h, 2020, and amid a worldwide pandemic forcing citizens into isolation, social distancing and
evolving precautions, Ernest "Ernie" Cisneros became a member of the La Quinta Citizen's On Patrol
(COP) program to take an active role in his community. But, due to imposed restrictions and in
abundance of caution, Ernie's efforts and service to his community began in October of 2020.
To date, Ernie has volunteered 600.50 hours of his own time to patrolling the city of La Quinta, engaging
with community members, assisting La Quinta deputies with DUI Checkpoints, road closures, traffic
collisions and supporting city events such as Iron Man, Toy Drives and Shop with a Cop. Ernie can be
relied on in short notice and is always eager to help.
Ernie embodies the Sheriff's motto, "Service Above Self'. Through his commitment to his community
and the COP program, Ernie undoubtedly enhances the effectiveness of La Quinta deputies, creates
positive community engagement experiences, and serves as an inspiration for all to follow.
Respectfull ,
Lt. Andres Martinez #3590
30
��S�tRATj��
r r
Riverside County Supervisor V. Manuel Perez presents
31 st ANNUAL
SENIOR INSPIRATION AWARDS
2023
The Senior Inspiration Awards is a beloved event in its 311 year. Every year, the County of Riverside and the Coachella Valley's
nine cities honor senior citizens 65 years of age and older who inspire others through their volunteerism and active engagement in the
community. This annual event honors these unsung heroes for their ongoing contribution and dedication to our communities.
If you would like to nominate someone for this honor, please complete this form and return to Caroline Doran, Attention: Caroline
Doran or Monica Castaneda at 78450 Avenida La Fonda, La Quinta, CA 92253 or via email at cdoran@laquintaca.gov or
mcastaneda@laquintaca.gov
Official Nomination Form Deadline: November 18, 2022
Eligible recipients must:
-Be at least 65 years old
-Reside and/or volunteer in the Coachella Valley or Palo Verde Valley
-Be actively involved in community affairs for a lengthy period of time
-Deserve to receive recognition and/or may not otherwise receive recognition for his or her service to the community
-Personify a healthy, active, and contributing attitude and lifestyle
Nominee
Name of Nominee
Mailing Address _
Email
Organization Individual Volunteers With
Years with Organization
Nominator
Name of Nominator
City or Organization
Reason for Nomination
Gasperoni
Email
Phone
Phone
Nomination information from Alejandro Mireles of Cal Fire
Peter Gasperni, went from high school into the military where I believe he was a
combat medic and he won the Silver Star for bravery, which he stated, I don't like
to brag about that", after his military career he went to college graduating from
Brown he went into pharmaceutical sales and always spent time in hospitals and
emergency room, after he retired he found himself volunteering in hospitals, EMC
Urgent was, " his fit" as he's told me, he enjoys being close to his community and
neighbors, we actually run into Pete around LA Quinta all the time not just at EMC
Urgent care where he's a vital member of our responses to medical aids and ringing
alarms.
32
��S�tRATj��
r r
Riverside County Supervisor V. Manuel Perez presents
31 st ANNUAL
SENIOR INSPIRATION AWARDS
2023
The Senior Inspiration Awards is a beloved event in its 311 year. Every year, the County of Riverside and the Coachella Valley's
nine cities honor senior citizens 65 years of age and older who inspire others through their volunteerism and active engagement in the
community. This annual event honors these unsung heroes for their ongoing contribution and dedication to our communities.
If you would like to nominate someone for this honor, please complete this form and return to Caroline Doran, Attention: Caroline
Doran or Monica Castaneda at 78450 Avenida La Fonda, La Quinta, CA 92253 or via email at cdoran@laquintaca.gov
Official Nomination Form Deadline: November 18, 2022
Eligible recipients must:
-Be at least 65 years old
-Reside and/or volunteer in the Coachella Valley or Palo Verde Valley
-Be actively involved in community affairs for a lengthy period of time
-Deserve to receive recognition and/or may not otherwise receive recognition for his or her service to the community
-Personify a healthy, active, and contributing attitude and lifestyle
Nominee
Name of Nominee Ada Nuckels
Phone (760) 409-9107
Mailing Address 41-080 Woodhaven Dr E, Palm Desert CA 92211-8182
Email adanuckels@gmail.com
Organization Individual Volunteers With Friends of the Desert Mountains
Years with Organization Total= 11 years
Nominator
Name of Nominator Tammy Martin Phone (661) 886-4772
City or Organization Friends of the Desert Mountains
Email tmartin@desertmountains.org
Reason for Nomination Ada has amassed over 10,000 volunteer hours with Friends of the Desert Mountains.
Many of those hours involve the removal of invasive plant species, trail clean up/restoration, and leading
interpretative hikes in the city of La Quinta. Ada has also recruited countless new volunteers, who continually
enrich the community of La Quinta through their tremendous volunteer efforts. Ada embodies the true
definition of a volunteer: driven, passionate, and always ready to help no matter the circumstance.
Nominee: Senior Inspiration Awards, Ms. Ada Nuckels.
Leads and Coordinates Interpretative hikes:
Moon light hikes -family hike to enjoy the outdoors and share knowledge
that people are stewards of the environment to enjoy for many years. Moon
light hikes are offered to families throughout the valley.
Guided hikes - i.e., partnered with Housing Coalition to bring in children
from East valley to experience nature. Included during the hikes is sharing
information on the importance of honoring the environment by staying on the
trails, importance of habitat for endangered animals (big horned sheep,
fringe toed lizards,
Organizes groups such as:
Weed Warriors. Control and remove invasive weed species that threaten
sand dune habitats, including Saharan Mustard, and Fountain Grass and
Saharan Mustard (invasive weeds consume scarce water and overrun native
plants that desert animals feed on.
Trails Preservation - complaints are called in to Ms. Nuckels will forwards
to the appropriate department at Friends of the Desert Mountains. Volunteers
are organized to clean up graffiti and maintain and rebuild trails damaged by
storms to maintain safety for trail users.
Ada Nuckels began hiking at age 66. By the age of 67, she was leading people of all
ages into the many and varied trails in the Santa Rosa and San Jacinto Mountains
National Monument. One of her favorite adventures is taking groups on Moonlight
Hikes in the La Quinta Cove. In addition to planning, scheduling, coordinating and
essentially masterminding the whole program, Ada takes the love she has for our
local mountains and trails and pours it into the people who are fortunate enough to
follow her into the wild. For the past decade, Ada has studied the plants, the
animals, the geology, the history, and the trails, and she readily shares her
knowledge with anyone willing to learn. Ada makes the desert come alive, and
allows people to see what she sees and love what she loves. Many people return
again and again to experience the connection to the land that Ada makes possible.
Ada's dedication does not end there, however. She has spent countless hours --day
and night --educating children and adults, removing invasive weeds, cleaning up
trash, assisting with wildlife surveys, scouting and maintaining trails, and creating
new ways for more people to connect to the land. Most importantly, Ada also
dedicates a great deal of time while off the trail to recruiting, encouraging, supporting
and inspiring other people to volunteer their time to do all of these things and
more. Friends Volunteer programs thrive because Ada has been there, behind the
scenes, making sure that things happen.
When you encounter the beauty of our local mountains, you recognize why people
choose to spend time here. And whether you know it or not, all of our continued
enjoyment of these mountains, whether it is for an evening, a weekend, or a lifetime,
is in no small part due to Ada's work.
34
��S�tRATj��
r r
Riverside County Supervisor V. Manuel Perez presents
31 st ANNUAL
SENIOR INSPIRATION AWARDS
2023
The Senior Inspiration Awards is a beloved event in its 311 year. Every year, the County of Riverside and the Coachella Valley's
nine cities honor senior citizens 65 years of age and older who inspire others through their volunteerism and active engagement in the
community. This annual event honors these unsung heroes for their ongoing contribution and dedication to our communities.
If you would like to nominate someone for this honor, please complete this form and return to Caroline Doran, Attention: Caroline
Doran or Monica Castaneda at 78450 Avenida La Fonda, La Quinta, CA 92253 or via email at cdoran@laquintaca.gov
Official Nomination Form Deadline: November 18, 2022
Eligible recipients must:
-Be at least 65 years old
-Reside and/or volunteer in the Coachella Valley or Palo Verde Valley
-Be actively involved in community affairs for a lengthy period of time
-Deserve to receive recognition and/or may not otherwise receive recognition for his or her service to the community
-Personify a healthy, active, and contributing attitude and lifestyle
Nominee
Name of Nominee Marge Dodge Phone (760)564-9329
Mailing Address 79-305 Toronja, La Quinta, CA 92253
Email
I@aol.com
Organization Individual Volunteers With La Quinta Arts events (La Quinta Arts Foundation and SCOPE Events )
Years with Organization Total = 18
Nominator
Name of Nominator Kathleen Hughes Phone (760)777-9823
City or Organization SCOPE Events, LLC Email Kat@scopeevents. org
Reason for Nomination Marge Dodge is value leader for La Quinta Arts Celebration; Board of Directors (BOD),
Friends of College of the Desert Library (COD) 2009-present; COD Foundation BOD, 2013-present; National
League of America Pen Women, BOD 2004-present; Muses & Patrones Circle of McCallum Theater, BOD
2014-2021; Literary Society of the Desert, Advisory Board 2021-present; Old Town Artisan Studios, Advisory
Board 2021-present; supporting other non -profits for women and education.
Nominee Senior Inspiration Awards: Ms. Marge Dodge, Leader
La Quinta Art Events (La Quinta Arts Foundation and SCOPE Events)
Ms. Marge Dodge a Volunteer Leader who manages the entry gates for the
Art Events and entails many duties listed below:
o Cash handling at the front gates - train volunteers
o Choosing, training volunteers to work at the entry points
o Consistently knowledgeable on how many guests, vendors, artist,
volunteers, and workers are at the event at a given time (anyone can
audit event and Marge can give an accurate account of all participants.
o Handles ticket processing with Art Celebration finance- volunteers and
staff
o Volunteered her home for the Artist Home Hosting Program: artist stay
at Marge's home without cost during their participation in the Art
Event. Note: last two years the Artist Home Hosting did not take place.
Ms. Marge Dodge is a volunteer with a myriad of organizations included on the
nomination form.
36
��S�tRATj��
r r
Riverside County Supervisor V. Manuel Perez presents
31 st ANNUAL
SENIOR INSPIRATION AWARDS
2023
The Senior Inspiration Awards is a beloved event in its 311 year. Every year, the County of Riverside and the Coachella Valley's
nine cities honor senior citizens 65 years of age and older who inspire others through their volunteerism and active engagement in the
community. This annual event honors these unsung heroes for their ongoing contribution and dedication to our communities.
If you would like to nominate someone for this honor, please complete this form and return to Caroline Doran, Attention: Caroline
Doran or Monica Castaneda at 78450 Avenida La Fonda, La Quinta, CA 92253 or via email at cdoran@laquintaca.gov
Official Nomination Form Deadline: November 18, 2022
Eligible recipients must:
-Be at least 65 years old
-Reside and/or volunteer in the Coachella Valley or Palo Verde Valley
-Be actively involved in community affairs for a lengthy period of time
-Deserve to receive recognition and/or may not otherwise receive recognition for his or her service to the community
-Personify a healthy, active, and contributing attitude and lifestyle
Nominee
Name of Nominee Phil La Greca Phone (760) 774-1086
Mailing Address 78-865 Via Trieste, La Quinta, CA 92253
Email pola rg eca@gmail.com
Organization Individual Volunteers With La Quinta Arts Events (La Quinta Arts Foundation and SCOPE Events)
Years with Organization Total= 9 years
Nominator
Name of Nominator Kathleen Hughes Phone (760) 774-1086
City or Organization SCOPE Events, LLC Email Kat@scopeevnts.org
Reason for NominationPhil La Greca is a valued leader for La Quinta Arts Celebration, a Commissioner for the
Community Services Comission, City of La Quinta; a California Naturalist from UC Riverside; a Certified Tour
Ambassador for Coachella Valley visitors Bureau; a shuttle driver for Coachella Valley Horse Rescue Mission's
fund raising, and Desert Adventures Guide.
Nominee for Senior Inspiration Awards: Mr. Phil La Greca, Captain
La Quinta Art Celebration (La Quinta Arts Foundation and SCOPE Events) Captain
for 9 years.
Mr. Phil La Greca is the Volunteer Captain for 9 years who coordinates the
Golf Cart logistics servicing food vendors, volunteers, electricians, staff, and
security during Art Events.
o Artists arriving were assisted with setting up their art pieces.
o Security use of carts
o Food vendors received their needed items without a large truck
travelling in the event site.
o Confirmed those using carts were insured
La Quinta Community Services Commissioner -current 2019-2023
o One of 5 members appointment by Council
o Analyzes Community Services programs effectiveness and needs
o Recommend fees (facility fees) and operation polices
o Make recommendations on community issues
Mr. Greca is a Volunteer with a myriad of organizations in the Coachella
Valley. Dates pending more information from Kat.
California Naturalist from UC Riverside
Certified Tourism Ambassador for Coachella Valley Visitors Bureau
Coachella Valley Horse Rescue Missions Fund Raising - Shuttle Driver
Desert Adventures Guide
CONSENT CALENDAR ITEM NO. 4
City of La Quinta
CITY COUNCIL MEETING December 20, 2022
STAFF REPORT
AGENDA 1 : RECEIVE AND FILE FISCAL YEAR 2021/22 DEVELOPMENT
PROJECT FEE REPORT
RECOMMENDATION
Receive and file the fiscal year 2021/22 Development Project Fee Report.
EXECUTIVE SUMMARY
• Development Impact Fees (DIF) are imposed on new construction to help
offset impacts created by new development on City facilities and
infrastructure.
• The State Mitigation Fee Act requires the City to annually report on the
receipts and expenditures of DIF Funds for the last five years within 180
days of the close of the fiscal year.
• The City must use, or pledge to use, the developer fees on City facilities
and infrastructure within five years of receipt; or present findings if that
was not the case.
• Staff has completed the required analysis (Attachments 1 and 2) and in
all cases the City has complied with the time limit to expend or commit
fees for future projects.
FISCAL IMPACT - None.
BACKGROUND/ANALYSIS
The City has three development project category fees subject to State
requirements: Infrastructure, Quimby, and DIF. Annually, the City reports on
the following:
• Brief description on the type of fee in the account or fund;
• Amount of the fee;
• Beginning and ending balance of the account or fund;
• Amount of fees collected and interest earned;
W
• Each public improvement on which fees were expended, the amount of
expenditures, and total percentage of the project completed and costs
funded with the fee;
• Description of each interfund transfer, loan, and the public improvement
funded.
The City must also report payments received pursuant to development
agreements entered into after January 1, 2004. A schedule of development
agreement payments received, and expenditures are noted in Attachment 2.
All projects were reported in the prior fiscal year. Unspent balances will be
evaluated for appropriation during the 2023/24 budget cycle.
. Unspent Balance
Civic Center DIF (Fund 252) $ 1,126,531
Community Center DIF (Fund 254) $ 448,841
Street Maintenance DIF (Fund 255) $ 75,785
Park Maintenance DIF (Fund 256) $5,898
Fire Protection DIF Fund 257 $409,304
Maintenance Facilities DIF (Fund 259) $ 180,095
Each year these reports are also provided to the Desert Valley Builders
Association (DVBA), the Building Industry Association (BIA), and the Gas
Company. The City received a letter of satisfaction from the DVBA dated
December 14, 2022 (Attachment 3). To date, no other correspondence has
been received regarding these reports.
ALI r-RNATIVE.
This report is required by State, staff does not recommend an alternative.
Prepared by: Claudia Martinez, Finance Director
Approved by: Jon McMillen, City Manager
Attachments: 1. FY 2021/22 Development Project Fee Report
2. FY 2021/22 Developer Agreement Activity Report
3. Desert Valley Builders Association Review - 12/14/2022
t
2022 AB1600 Report
La Quinta Development Project Fee Report
Quimby Fees (Fund 220)
Government Code 66000 Calculation
FYE 6/30/2022
ATTACHMENT 1
The City's Quimby Special Revenue Fund is used to account for the accumulation of developer fees received under the
provisions of the Quimby Act for park development and improvements.
Beginning
FY 21/22
Ending
Account Description
Fund Balance
Fund Balance
Developer Fees
-
Interest Income
0
Contributions from Property Owners
Transfers In
Total Revenue Sources
0
Expenditures & Other Uses
-
Transfers out Capital Projects
713,669
Total Uses
713,669
Total Available
1 $ -
1 $ (713,669)
$ (713,669)
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2018
5,005,547
53,307
462,938
7,298,488
(2,702,572)
Revenues Collected from 2019
4,595,916
129,832
1,296,611
4,714,876
(1,285,739)
Revenues Collected from 2020
3,429,137
69,689
1,933,252
2,781,625
(1,216,051)
Revenues Collected from 2021
1,565,574
35,415
1,600,989
1,180,635
(1,180,635)
Revenues Collected from 2022
-
713,669
466,967
(1,180,635)
Total Revenue For Last Five Years
43 $ 288,2
1 $ 6,007,459
Result : Five Year Spent Test Met in accordance with Government Code 66001
FY 21/22
Committed
% Complete**
% funded with
Capital Improvement Facilities
fee
151609 North La Quinta Regional Skate and BMX
713,354
204,282
96%
73%
Park
201903 Skate Park Conversion
315
262,685
0%
100%
Total
$ 713,669
$ 466,967
** Percentage completed as of 6/30/2022
41
2022 AB1600 Report
La Quinta Development Project Fee Report
Infrastructure Fee (Fund 225)
Government Code 66000 Calculation
FYE 6/30/2022
The Infrastructure fee fund is used to account for the accumulation of resources, provided through developer fees for the
acquisition, construction or improvement of the City's infrastructure as defined in Resolution 2013-006.
Beginning
FY 21/22
Ending
Account Description
Fund Balance
Fund Balance
Developer Fees
Interest Income
(450)
Reimbursements
-
Total Revenue Sources
$ (450)
Expenditures & Other Uses
-
Capital Projects
-
Project Administration/Internal Engineering
Total Uses
-
Total Available
19 398
450
IL 948
Five Year Test
Using First In First Out Method
Beginning Fund
Revenues
Fiscal Years Ending
Balance
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2018
23,732
182
-
22,618
1,296
Revenues Collected from 2019
23,914
733
4,543
24,028
(3,924)
Revenues Collected from 2020
20,104
715
1,410
22,618
(3,210)
Revenues Collected from 2021
19,408
(10)
-
22,618
(3,220)
Revenues Collected from 2022
1 19,398
(450)
-
1 22,618
1 (3,670)
Total Revenue For Last Five Years
1
1 $ 1,170
1 $ 5,953
Result : Five Year Spent Test Met in accordance with Government Code 66001
FY 21/22
Committed
% Complete**
% funded with
Capital Improvement Facilities
fee
151603 La Quinta Village Complete Streets - Road
22,618
95%
0.18%
Diet
Total
-
$ 22,618
* The Infrastructure Fee is being phased out and not subject to collection of future revenue from developments.
** Percentage completed as of 6/30/2022
42
2022 AB1600 Report
La Quinta Development Project Fee Report
Transportation DIF (Fund 250)
Government Code 66000 Calculation
FYE 6/30/2022
The Transportation Impact Fee developer fee fund is used to account for the accumulation of resources, provided through
developer fees for street system improvements needed to handle traffic that will be generated by future development. The
fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 4,009
Residential - Single Family Attached
Unit
$ 3,076
Residential - Multi Family and Other
Unit
$ 2,281
Office/Medical
Unit
$ 6,542
General Commercial
1,000 sq ft
$ 8,057
Tourist Commercial/Lodging
1,000 sq ft
$ 1,859
Golf Course
Acre
$ 930
Beginning
FY 21/22
Ending
Account Description
Fund Balance
Fund Balance
Developer Fees
2,731,351
Interest Income
(94,371)
Miscellaneous
Transfers In
-
Total Revenue Sources
2,636,980
Expenditures & Other Uses
400,000
Transfers out Capital Projects
-
Total Uses
400,000
Total Available
$ 2,266,489
$ 2,236,980
$ 4,503,469
Five Year Test
Beginning Fund Revenues
Fiscal Years Ending I -- I ,, I --A Expenditures I Committed I Unspent
Revenues Collected from 2019
Revenues Collected from 2020
Revenues Collected from 2021
Revenues Collected from 2022
3,098,380 756,223
2,462,724 801,997
2,321,502 688,043
Result : Five Year Spent Test Met in accordance with Government Code 66001
1,391,880 4,971,752 (2,509,028)
943,219 4,897,398 (2,575,896)
745,418 4,356,480 (2,092,353)
400,000 3,956,480 546,989
Capital Improvement Facilities
FY 21/22
Committed
% Complete*
% funded with
fee
111205 Dune Palms Bridge Improvement
-
73,755
13%
1%
201702 Developer Reimbursements
400,000
2,539,723
44%
100%
201709 Avenue 53 Jefferson Street Roundabout
-
375,121
10%
16%
201902 Avenue 50 Bridge Spanning the Evacuation
Channel
-
967,881
0.05%
6%
Total
$ 400,000
1 $ 3,956,480
* Percentage completed as of 6/30/2022
43
2022 AB1600 Report
La Quinta Development Project Fee Report
Parks & Rec DIF (Fund 251)
Government Code 66000 Calculation
FYE 6/30/2022
The Parks & Recreation Impact Fee fund is used to account for the accumulation of resources, provided through
developer fees for parks required to serve future development. The fee is based upon the table below and varies from
project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 2,106
Residential - Single Family Attached
Unit
$ 1,794
Residential - Multi Family and Other
Unit
$ 1,716
Beginning
FY 21/22
Ending
Account Description
Fund Balance
Fund Balance
Developer Fees
1,032,032
Interest Income
(11,455)
Miscellaneous
Transfers In
-
Total Revenue Sources
1,020,577
Expenditures & Other Uses
-
Transfers Out Capital Projects
Total Uses
-
Total Available
$ (346,309)1
$ 1,020,577
1 $ 674,268
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Revenues
Expenditures
Committed
Unspent
Balance
Collected
Revenues Collected from 2018
558,795
329,110
-
-
887,905
Revenues Collected from 2019
887,905
379,411
4,542
2,401,410
(1,138,637)
Revenues Collected from 2020
1,262,773
472,951
1,441,697
959,713
(665,686)
Revenues Collected from 2021
294,027
322,133
962,469
2,844
(349,153)
Revenues Collected from 2022
(346.309)
1.020.577
-
674.268
Result : Five Year Spent Test Met in accordance with Government Code 66001
FY 21/22
Committed
% Complete*
% funded with
Capital Improvement Facilities
fee
201722 Fritz Burns Park Sidewalk & Parking Lot
2,844
97%
6%
202102 Fritz Burns Park Improvements
350,000
15%
100%
Total
$ -
$ 352,844
* Percentage completed as of 6/30/2022
it
2022 AB1600 Report
La Quinta Development Project Fee Report
Civic Center DIF (Fund 252)
Government Code 66000 Calculation
FYE 6/30/2022
The Civic Center Impact Fee fund was used to fund the expansion of the La Quinta Civic Center completed in 2008 to
support the City's needs through build out. The fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 1,230
Residential - Single Family Attached
Unit
$ 1,115
Residential - Multi Family and Other
Unit
$ 628
Office/Medical
Unit
$ 522
General Commercial
1,000 sq ft
$ 522
Tourist Commercial/Lodging
1,000 sq ft
$ 698
Golf Course
Acre
$ 251
Account Description
Beginning
Fund Balance
FY 21/22
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
651,093
(23,183)
-
Total Revenue Sources
627,911
Expenditures & Other Uses
-
Total Uses
0
Total Available
$ 498,620
$ 627,911
1 $ 1,126,531
Five Year Test
Usina First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2018
(7,169,291)
145,494
79,286
-
(7,103,053)
Revenues Collected from 2019 **
(7,103,053)
177,800
(7,004,993)
1,410
78,330
Revenues Collected from 2020
79,740
222,942
1,411
-
301,271
Revenues Collected from 2021
301,271
197,349
-
498,620
Revenues Collected from 2022
498,620
627,911
1,126,531
Total Revenue For Last Five Years
1 $ 1,371,496
1 $(6,924,296)
Result : Five Year Spent Test Met in accordance with Government Code 66001
FY 21/22
Committed
% Complete *
% funded with
Capital Improvement Facilities
fee
Total
$ -
$ -
* Percentage completed as of 6/30/2022
** Loan repayment interest rate was based on the average quartery investment yield of the City's investment portfolio.
During FY 2018/19, this loan was written -off.
Projects are being evaluated for the unspent balance of $1,126,531 and will be included in the FY 2023/24 budget.
45
2022 AB1600 Report
La Quinta Development Project Fee Report
Library DIF (Fund 253)
Government Code 66000 Calculation
FYE 6/30/2022
The Library Impact Fee fund is used for library facilities required to serve future development in La Quinta. The fee is based
upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 397
Residential - Single Family Attached
Unit
$ 338
Residential - Multi Family and Other
Unit
$ 323
Account Description
Beginning
Fund Balance
FY 21/22
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
196,456
192
Total Revenue Sources
196,648
Expenditures & Other Uses
Advance Interest Expense
-
11,112
Total Uses
11,112
Total Available
1 $ (1,458,812)
$ 185,536
$ (1,273,276)
Five Year Test
Using First In First Out Method
Beginning Fund
Revenues
Fiscal Years Ending
Balance
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2018
(1,609,835)
56,416
19,138
1,572,557
(3,145,114)
Revenues Collected from 2019
(1,572,557)
57,792
35,480
1,549,846
(3,100,091)
Revenues Collected from 2020
(1,550,245)
75,336
30,278
1,505,187
(3,010,374)
Revenues Collected from 2021
(1,505,187)
61,508
15,133
1,458,789
(2,917,601)
Revenues Collected from 2022
(1,458,812)
196,648
11,112
1,273,276
(2,546,552)
Total Revenue For Last Five Years
$ 447,700
$ 111,141
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 21/22
Committed
% Complete *
% funded with fee
Successor Agency loan repayment (construction of
public library facility) **
11,112
1,273,276
49%
100%
Total
$ 11,112
$ 1,273,276
* Percentage completed as of 6/30/2022
** Loan repayment interest rate is based on the average quarterly investment yield of the City's investment portfolio.
As of 6/30/2022 the outstanding loan balance was: Principal 1,273,276
Interest -
Total Due 1,273,276
W.
2022 AB1600 Report
La Quinta Development Project Fee Report
Community Center DIF (Fund 254)
Government Code 66000 Calculation
FYE 6/30/2022
The Community Center Fee fund is used for community center facilities required to serve future development in La Quinta.
The fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 956
Residential - Single Family Attached
Unit
$ 814
Residential - Multi Family and Other
Unit
$ 779
Beginning
FY 21/22
Ending
Account Description
Fund Balance
Fund Balance
Developer Fees
352,108
Interest Income
(12,654)
Miscellaneous
Transfers In
-
Total Revenue Sources
339,454
Expenditures & Other Uses
-
Transfers Out Capital Projects
Total Uses
-
Total Available
$ 234,387
$ 339,454
1 $ 573,841
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Revenues
Expenditures
Committed
Unspent
Balance
Collected
Revenues Collected from 2018
114,964
21,993
-
101,639
35,318
Revenues Collected from 2019
136,956
26,477
4,542
103,049
55,842
Revenues Collected from 2020
158,891
35,272
1,410
101,639
91,114
Revenues Collected from 2021
192,753
143,272
101,639
125,000
109,387
Revenues Collected from 2022
234,387
339,454
-
125,000
448,841
Total Revenue For Last Five Years
$ 566,468
1 $ 107,591
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 21/22
Committed
% Complete *
% funded with
fee
201901 Village Art Plaza Promenade & Cultural Campus
125,000
2%
4%
Total
$ -
$ 125,000
* Percentage completed as of 6/30/2022
Projects are being evaluated for the unspent balance of $448,841 and will be included in the FY 23/24 budget.
EVA
2022 AB1600 Report
La Quinta Development Project Fee Report
Street Maintenance DIF (Fund 255)
Government Code 66000 Calculation
FYE 6/30/2022
The Street Maintenance Fee fund is used for street maintenance required to serve future development in La Quinta. The
fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 313
Residential - Single Family Attached
Unit
$ 247
Residential - Multi Family and Other
Unit
$ 198
Office/Medical
Unit
$ 374
General Commercial
1000 sq ft
$ 461
Tourist Commercial/Lodging
1000 sq ft
$ 106
Golf Course
Acre
$ 53
Account Description
Beginning
Fund Balance
FY 21/22
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
34,015
(1,518)
-
Total Revenue Sources
32,497
Expenditures & Other Uses
-
Total Uses
0
Total Available
1 $ 43,288
1 $ 32,497
1 $ 75,785
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Balance
Revenues
Collected
Expenditures
Committed
Unspent
Revenues Collected from 2018
(1,897,647)
27,349
21,296
-
(1,891,594)
Revenues Collected from 2019 **
(1,891,594)
30,194
(1,871,689)
1,410
8,879
Revenues Collected from 2020
10,289
30,251
1,410
-
39,130
Revenues Collected from 2021
39,130
4,158
-
43,288
Revenues Collected from 2022
43,288
32,497
0
75,785
Total Revenue For Last Five Years
$ 124,449
$ (1,848,983)
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 21/22
Committed
% Complete *
% funded with
fee
Total
$ -
$ -
* Percentage completed as of 6/30/2022
** Loan repayment interest rate was based on the average quartery investment yield of the City's investment portfolio.
During FY 2018/19, this loan was written -off.
Projects are being evaluated for the unspent balance of $75,785 and will be included in the FY 23/24 budget.
i•
2022 AB1600 Report
La Quinta Development Project Fee Report
Park Maintenance DIF (Fund 256)
Government Code 66000 Calculation
FYE 6/30/2022
The Park Maintenance Fee fund is used for park maintenance required to serve future development in La Quinta. The fee is
based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 313
Residential - Single Family Attached
Unit
$ 247
Residential - Multi Family and Other
Unit
$ 198
Office/Medical
Unit
$ 374
General Commercial
1000 sq ft
$ 461
Tourist Commercial/Lodging
1000 sq ft
$ 106
Golf Course
Acre
$ 53
Beginning
FY 21/22
Ending
Account Description
Fund Balance
Fund Balance
Developer Fees
40
Interest Income
(137)
Miscellaneous
Transfers In
Total Revenue Sources
(97)
Expenditures & Other Uses
-
Transfers Out
-
Total Uses
0
Total Available
$ 5,995
1 $ (97)1
$ 5,898
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Revenues
Expenditures
Committed
Unspent
Balance
Collected
Revenues Collected from 2018
2
6,570
6,567
-
5
Revenues Collected from 2019 **
5
6,722
8,508
1,410
(3,192)
Revenues Collected from 2020
(1,782)
8,915
1,410
-
5,723
Revenues Collected from 2021
5,723
272
-
-
5,995
Revenues Collected from 2022
1 5,995
1 (97)l1
5,898
Total Revenue For Last Five Years
1
1 $ 22,381
1 $ 16,485
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 21/22
Committed
% Complete *
% funded with
fee
Total
$ -
$ -
* Percentage completed as of 6/30/2022
** Loan repayment interest rate was based on the average quartery investment yield of the City's investment portfolio.
During FY 2018/19, this loan was written -off.
M
2022 AB1600 Report
La Quinta Development Project Fee Report
Fire Protection DIF (Fund 257)
Government Code 66000 Calculation
FYE 6/30/2022
The Fire Protection Facilities Fee fund is used for fire protection facilities required to serve future development in La Quinta.
The fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 369
Residential - Single Family Attached
Unit
$ 335
Residential - Multi Family and Other
Unit
$ 188
Office/Hospital
Unit
$ 151
General Commercial
1000 sq ft
$ 151
Tourist Commercial
1000 sq ft
$ 201
Golf Course
Acre
$ 72
Account Description
Beginning
Fund Balance
FY 21/22
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
220,411
(8,367)
-
-
Total Revenue Sources
212,043
Expenditures & Other Uses
-
Total Uses
0
Total Available
$ 197,260
1 $ 212,043
1 $ 409,304
Five Year Test
Using First In First Out Method
Fiscal Years Ending
Beginning Fund
Revenues
Expenditures
Committed
Unspent
Balance
Collected
Revenues Collected from 2018
(552,665)
66,456
4,634
-
(490,843)
Revenues Collected from 2019 *
(490,843)
81,761
(444,154)
1,410
33,663
Revenues Collected from 2020
35,073
102,373
1,410
-
136,036
Revenues Collected from 2021
136,036
61,224
-
197,260
Revenues Collected from 2022
197,260
212,043
409,304
Total Revenue For Last Five Years
$ 523,858
$ (438,110)
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital Improvement Facilities
FY 21/22
Committed
%Complete *
funded withfee
Total
$ -
$ -
* Percentage completed as of 6/30/2022
** Loan repayment interest rate was based on the average quarterly investment yield of the City's investment portfolio.
During FY 2018/19, this loan was written -off.
Projects are being evaluated for the unspent balance of $409,304 and will be included in the FY 23/24 budget.
50
2022 AB1600 Report
La Quinta Development Project Fee Report
Maintenance Facilities DIF (Fund 259)
Government Code 66000 Calculation
FYE 6/30/2022
The Maintenance Facilities Fee fund is used for corporate yard maintenance facilities and equipment needed to serve
future development in La Quinta. The fee is based upon the table below and varies from project to project.
Activity
Unit of Measure
Transportation
Residential - Single Family Detached
Unit
$ 313
Residential - Single Family Attached
Unit
$ 247
Residential - Multi Family and Other
Unit
$ 198
Office/Medical
Unit
$ 374
General Commercial
1000 sq ft
$ 461
Tourist Commercial/Lodging
1000 sq ft
$ 106
Golf Course
Acre
$ 53
Account Description
Beginning
Fund Balance
FY 21/22
Ending
Fund Balance
Developer Fees
Interest Income
Miscellaneous
Transfers In
136,752
(3,673)
-
Total Revenue Sources
133,080
Expenditures & Other Uses
-
Total Uses
0
Total Available
1 $ 47,015
1 $ 133,080
1 $ 180,095
Five Year Test
Using First In First Out Method
Fiscal Years Ending Beginning Fund Revenues Expenditures Committed Unspent
Balance Collected
Revenues Collected from 2021 47,015 - 47,015
Revenues Collected from 2022 $ 47,015 133,080 0 180,095
Total Revenue For Last Five Years 1 $ 180,095 $ -
Result : Five Year Spent Test Met in accordance with Government Code 66001
Capital improvement Facilities
FY 21/22
Committed
% Complete *
% funded with
fee
Total
$ -
$ -
* Percentage completed as of 6/30/2022
Projects are being evaluated for the unspent balance of $180,095 and will be included in the FY 23/24 budget.
51
52
ATTACHMENT 2
2021/22 AB1600 Report
La Quinta Development Project Fee Report
Developer Agreement Activity (Fund 401)
FYE 6/30/2022
The following development agreement payment was received for development agreements entered into after January 1, 2004 in
accordance with Government Code Section 65865.
Date Project/Purpose
DZEATTI..
3/8/2010 Traffic Signals at Madison Street on Avenue 58 and Avenue 60
Balance
257,563.00
Revenues
-
Expenses
-
Total
257,563.00
10/18/2010
Monroe Avenue landscape median, Trilogy/Shea TM30023
234,869.64
-
-
234,869.64
1/25/2016
Traffic Signal at Madison Street at Avenue 52, Madison Club
215,000.00
215,000.00
10/11/2016
Madison at Avenue 52 raised median, TM33076-1
59,642.00
-
-
59,642.00
6/14/2019
Turn lane extension at Highway 111 & Costco Drive
3,644.22
-
-
3,644.22
6/30/2020
Traffic Signal at Madison Street at Avenue 54, CDA/Griffin Ranc
107,500.00
-
-
107,500.00
6/30/2021
Turn lane- right turn only at Adams Street at Auto Centre
171,574.00
-
-
171,574.00
11/30/2009
Account No. 401-0000-22811
Lions Gate project 1821 sidewalk and landscaping
16,798.30
-
-
$ 1,049,792.86
16,798.30
1/31/2011
Toll Brothers, Avenue 50 & Verano Drive, TM 30357, Mt. View
Country Club Traffic Signal Improvements
215,000.00
215,000.00
6/30/2015
Avenue 53 at Jefferson Street Roundabout
-
-
(580.85)
(580.85)
6/30/2015
Traffic Signal Avenue 50 & Orchard, Project 1757
99,075.26
-
-
99,075.26
2/24/2016
ACM LQ/Highway 111 & Simon Drive
2,788.50
-
-
2,788.50
2/24/2016
ACM LQ/Washington & Miles
8,460.00
-
-
8,460.00
6/30/2019
Dune Palms Road Widening Eminent Domain
14,360.86
5,521.46
19 882.32
Account No. 401-0000-22210
$ 361,423.53
OVERALL TOTAL
53
54
2022 BOARD OF DIRECTORS
PRESIDENT
Todd Hooks
Agua Caliente Band of
Cahuilla Indians
Immediate Past President
Deborah McGarrey
Southern California Gas Company
1 `° VICE PRESIDENT
Tom Dubose
Dubose Design Group, Inc.
SECRETARYITREASURER
Pedro Rincon
Osborne Rincon CPAs
VICE PRESIDENT
OFASSOCIATES
Allan Levin
Allan Levin & Associates
CHIEF EXECUTIVE OFFICER
Gretchen Gutierrez
DIRECTORS
Fred Bell/2022 PAC Chairman
Nobell Energy Solutions
Brian Benedetti
Brian Benedetti Construction
Mark Benedetti
Dede Callanan
North American Title
Mario Gonzales
GI IA Companies
Joe Hayes
First Bank
Jeremy Roos
FreeVolt
Dave Lippert
Lippert Construction, Inc
Paul Mahoney
PMA Advertising
Bruce Maize
Robert Green Company
Russ Martin
Mission Springs Water
District
Dan Olivier
Nethery Mueller Olivier
Alan Pace/Programs Chairman
Petra GeoSciences
Kevin Pillow
AC .Houston Lumber
John Powell, Jr.
Coachella Valley Water District
Mike Rowe
MSA Consulting
Phil Smith
Sunrise Company
Alissa Vatter
Fidelity National Title
Jeff Wattenbarger
Wattenbarger Construction
®% i f
V A
desert valleys builders association
December 14, 2022
City of La Quinta
Claudia Martinez, Finance Director
78-495 Calle Tampico
La Quinta, CA 92253
Dear Ms. Martinez,
ATTACHMENT 3
Thank you for providing the Desert Valleys Builders Association with the
opportunity to review and comment on the City of La Quinta's 2021122
Annual AB1600 Report.
The DVBA is satisfied that the City has met its annual reporting obligations
pursuant to City Municipal Code and the Mitigation Fee Act.
;facer
34360 Gateway Drive • Palm Desert • CA 92211
(760) 776-7001 office • (760) 776-7002 fax
www.TheDVBA.org
55
56
City of La Quinta CONSENT CALENDAR ITEM NO.5
CITY COUNCIL MEETING December 20, 2022
STAFF REPORT
AGENDA TITLE RECEIVE AND FILE FISCAL YEAR 2021/22 ART IN PUBLIC
PLACES ANNUAL REPORT
RECOMMENDATION
Receive and file the Fiscal Year 2021/22 Art in Public Places Annual Report.
EXECUTIVE SUMMAR`
• Per the Municipal Code, the City must expend or commit fees from the
Art in Public Places (APP) program within two years of receipt and monies
collected must be accounted for in a separate fund.
• An annual review of administrative expenses is required. There were no
administrative expenses for 2021/22.
• Attachment 1 presents the required analysis; the City has complied with
the time limit for expenditure of fees and there are no findings to report.
FISCAL IMPACT - None
BACKGROUND/ANALYSIS
The City's APP fund is governed by the Municipal Code. Annually, the City must
demonstrate that it has complied with the following:
• A determination whether or not the fees have been committed for use
within two years of collection. Fees may be used for:
✓ Cost of public art and installation;
✓ Cost to purchase or lease art sites;
✓ Waterworks, landscaping, lighting and other objects, which are an
integral part of the artwork;
✓ Frames, mats, pedestals and other objects necessary for the proper
presentation and installation of the artwork;
✓ Walls, pools, landscaping or other architectural or landscape
architectural elements necessary for the proper aesthetic and
structural placement of the artwork;
✓ Maintaining and repairing artwork;
✓ Administrative expenses to otherwise implement the APP program;
✓ Endowments; and
✓ Art replacement.
57
• Review administrative expenses to ensure they were reasonably
assessed to implement this program and that they do not exceed five
percent of the total funds in the account on July 1 of any year or
$25,000 in any fiscal year.
If fees collected are not committed for the aforementioned uses, they are
returned to the contributor. Staff analyzed APP fund revenues and
expenditures, and no reimbursements are due to contributors. There were no
administrative costs. During 2021/22, APP funds were used to purchase art
pieces, paint art wall murals, and maintain and preserve art pieces as detailed
in Attachment 1.
During 2021/22, the City installed an art mural called "Bird Song" created by
Artist Nathan Frizzell. The mural is pictured to the right and is located at the
Cultural Campus on Avenida Montezuma.
Each year this report is also provided to the Desert Valley Builders Association
(DVBA), the Building
Industry Association (BIA),
and the Gas Company. The
City received a letter of
satisfaction from the DVBA
(Attachment 2). To date, no
other correspondence has
been received regarding this
report.
ALTERNATIVEF
As this report is a
requirement of the
Municipal Code, staff does
not recommend an alternative.
Prepared by: Claudia Martinez, Finance Director
Approved by: Jon McMillen, City Manager
Attachments: 1. Art in Public Places FY 2021/22 Annual Financial Report
2. Desert Valley Builders Association Review
ATTACHMENT 1
City of La Quinta
Art in Public Places (Fund 270)
FY 2021/22
The Art in Public Places fund is used to account for fees paid in lieu of acquisition, installation, replacement, maintenance and repair of
approved art works at approved sites. The fees are refundable if not expended or committed within two years.
Beginning
Ending
Fund Balance
Fund Balance
Account Description
at 7/1/2021
FY 21/22
at 6/30/2022
Revenues & Other Sources:
Developer fees
158,972
Interest income
(19,141)
Transfers In from the General Fund
50,000
Total Sources
$ 189,831
Expenditures & Other Uses
Art Purchases
53,253
Maintenance of Public Art
54,817
Project Administration
Transfers Out for Construction Art Project
12,678
Total Uses
120,748
Total Available
$ 764,614
$ 69,083
$ 833,697
Two Year Test
Using First In First Out Method
Beginning
Revenues
Summaryof Funds
Fund Balance
Collected
Expenditures
Committed
Unspent
June 30,2018
550,334
43,391
84,699
522,000
(12,974)
June 30,2019
509,026
119,733
92,512
760,000
(223,753)
June 30,2020
536,248
197,457
41,679
697,200
(5,174)
June 30,2021
692,026
135,933
63,345
729,200
35,414
June 30,2022
1 764,614
1 189,831
1 120,748
1 766,522
1 67,175
Total Revenue For Last Five Years
1
1 $ 686,345
1 $ 402,983
Result : Two Year Spent or Committed Test Met. Future commitments for unspent funds are detailed below.
Art in Public Places Expenses and Future Commitments
Capital Projects and Expenses
FY 21/22
Committed
% Complete*
% funded with
fee
Sculpture Restorations and Maintenance
54,817
1000/0
1000/0
Acknowledgement Plaques and Signs
160
100%
100%
Bird Song art mural, By: Nathan Frizzell
16,592
100%
100%
Wheels of Fortune LQAC artwork, By: Justin Coopersmith
2,000
-
100%
100%
LQ Dip-N-Dots LQAC artwork, By: Johnny Ha
5,000
-
100%
100%
Maori metal sculpture art purchase, By: Josh Hirt
5,500
-
100%
100%
Gold Star Family Monument art purchase deposit, By: CJ Rench
24,000
-
100%
100%
111205 Dune Palms Bridge Improvements
-
193,965
13%
1%
151603 La Quinta Village Complete Streets
-
88,235
95%
1%
201608 SilverRock Event Space
12,678
302,322
96%
4%
201709 Jefferson/Avenue 53 Roundabout
-
5,000
10%
0.19%
FY 2022/23 Budget for Art Purchases and Maintenance
-
1 177,000
17%
100%
Total
120,748
1 766,522
* Percentage completed as of June 30, 2022
59
m
ATTACHMENT 2
2022 BOARD OF DIRECTORS
PRESIDENT
Todd I -looks
Agua Caliente Band of
Cahuilla Indians
Immediate Past President
Deborah McGarrey
Southern California Gas Company
Is' VICE PRESIDENT
Tom Dubose
Dubose Design Group, Inc.
SECRETARYITREASURER
Pedro Rincon
Osborne Rincon CPAs
VICE PRESIDENT
OFASSOCIATES
Allan Levin
Allan Levin & Associates
CHIEF EXECUTIVE OFFICER
Gretchen Gutierrez
DIRECTORS
Fred Bell/2022 PAC Chairman
Nobell Energy Solutions
Brian Benedetti
Brian Benedetti Construction
Mark Benedetti
Dede Callanan
North American Title
Mario Gonzales
GI-lA Companies
Joe Hayes
First Bank
Jeremy Roos
FreeVolt
Dave Lippert
Lippert Construction, Inc
Paul Mahoney
PMA Advertising
Bruce Maize
Robert Green Company
Russ Martin
Mission Springs Water
District
Dan Olivier
Nethety Mueller Olivier
Alan Pace/Programs Chairman
Petra GeoSciences
Kevin Pillow
AC Houston Lumber
John Powell, Jr.
Coachella Valley Water District
Mike Rowe
MSA Consulting
Phil Smith
Sunrise Company
Alissa Vatter
Fidelity National Title
Jeff Wattenbarger
Wattenbarger Construction
V A
desert valleys builders association
December 14, 2022
City of La Quinta
Claudia Martinez, Finance Director
78-495 Calle Tampico
La Quinta, CA 92253
Dear Ms. Martinez,
Thank you for providing the Desert Valleys Builders Association with the
opportunity to review and comment on the City of La Quinta's 2021122
Annual Art in Public Places Fees.
The DVBA is satisfied that the City has met its annual reporting obligations
pursuant to City Municipal Code and the Mitigation Fee Act.
N
.icer
34360 Gateway Drive • Palm Desert • CA 92211
(760) 776-7001 office ® (760) 776-7002 fax
www.TheDVBA.org
61
62
CONSENT CALENDAR ITEM NO. 6
City of La Quinta
CITY COUNCIL MEETING December 20, 2022
STAFF REPORT
AGENDA TITLE: RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT
DATED JUNE 30, 2022
RECOMMENDATION
Receive and file revenue and expenditure report dated June 30, 2022.
EXECUTIVE SUMMARY
• The report summarizes the City's year-to-date (YTD) revenues and period
expenditures for June 2022 (Attachment 1).
These reports are also reviewed by the Financial Advisory Commission.
FISCAL IMPACT - None
BACKGROUND/ANALYSIS
Below is a summary of the column headers used on the Revenue and
Expenditure Summary Reports:
Original Total Budget - represents revenue and expenditure budgets the
Council adopted in June 2021 for fiscal year 2021/22.
Current Total Budget - represents original adopted budgets plus any
Council approved budget amendments from throughout the year,
including carryovers from the prior FY.
Period Activity - represents actual revenues received and expenditures
outlaid in the reporting month.
Fiscal Activity - represents actual revenues received and expenditures
outlaid YTD.
Variance Favorable/(Unfavorable) - represents the dollar difference
between YTD collections/expenditures and the current budgeted
amount.
Percent Used - represents the percentage activity as compared to
budget YTD.
63
June Revenues Comparison to Last Year
Percent of Percent
MTD YTD Budget YTD of Budget
General Fund (GF) $ 18,200,790 $ 76,623,512 105.87% $ 70,305,823 121.88%
All Funds $ 22,790,284 $ 132,456,657 76.90% $ 129,715,202 74.27%
June Expenditures
Comparison to Last Year
Percent of
Percent
MTD
YTD
Budget
YTD
of Budget
General Fund $ 16,607,410 $
51,834,255
58.28%
$ 46,746,637
69.69%
Payroll (GF) $ 1,039,156 $
12,371,006
90.04%
$ 10,258,875
89.01%
All Funds $ 8,988,243 $
87,780,792
44.74%
$ 109,802,386
58.03%
ToD Five Revenue/Income Sources for June
General Fund
Non -General Fund
Fire Service Credit
$
6,861,086
County Government Revenue -Library/Museum
$
2,214,428
Measure G Sales Tax
$
4,066,553
Capital Improvement Program (CIP) Transfers In
$
1,073,617
Sales Tax
$
3,124,033
County Sales Tax (Measure A)
$
725,862
Transient Occupancy (Hotel) Tax
$
3,116,548
Developer Impact Fees- Transportation
$
509,544
Property Tax in Lieu of Vehicle Fees
2,307,838
Technology Support Internal Service Fund I1
438,675
Ton
Five Expenditures/Outlays for June
General Fund
Non -General Fund
Fire Service and Ladder Truck Q1-Q4
$
6,920,752
Capital Improvement Program (CIP) - Construction(3)
$
1,461,037
Sheriff Contract (April to June)
$
5,800,819
Annual Library Operations
$
1,052,228
Transfers Out
$
447,621
2021 Series Bond Interest
$
959,257
Liability Insurance & Claims (2)
$
132,250
Parks Depreciation Expense
$
496,933
Visit Greater Palm Springs
$
115,000
Transfers Out- Quimby Fund to CIP (X-park)
$
334,791
(')Internal Service Funds are used to account for activities involved in rendering services to departments within the City; quarterly
journal entries move revenue into these funds.
(z)These charges in the General Fund represent quarterly contributions to the Insurance Internal Service Fund.
(3) CIP Construction: SilverRock canal crossing; X-Park; misc. ADA improvements; landscape conversion.
The revenue report includes revenues and transfers into funds from other
funds (income items). Revenues are not received uniformly throughout the
year, resulting in peaks and valleys. For example, large property tax
payments are usually received in December and May. Similarly,
Redevelopment Property Tax Trust Fund payments are typically received in
January and June. Any timing imbalance of revenue receipts versus
expenditures is funded from the City's cash flow reserve.
The expenditure report includes expenditures and transfers out to other funds.
Unlike revenues, expenditures are more likely to be consistent from month to
month. However, large debt service payments or CIP expenditures can cause
swings.
Prepared by: Rosemary Hallick, Financial Services Analyst
Approved by: Claudia Martinez, Finance Director
Attachment: 1. Revenue and Expenditure Report for June 30, 2022
ta Qw•fra
FINANCE
Fund
101 - GENERAL FUND
105 - DISASTER RECOVERY FUND
201 - GAS TAX FUND
202 - LIBRARY & MUSEUM FUND
203 - PUBLIC SAFETY FUND (MEASU
210 - FEDERAL ASSISTANCE FUND
212 - SLESA (COPS) FUND
215 - LIGHTING & LANDSCAPING FU
221 - AB 939 - CALRECYCLE FUND
223 - MEASURE A FUND
224-TUMF FUND
225 - INFRASTRUCTURE FUND
226-EMERGENCY MANAGEMENT
227 - STATE HOMELAND SECURITY I
230 - CASp FUND, AB 1379
231 - SUCCESSOR AGCY PA 1 RORF
235 - 50 COAST AIR QUALITY FUND
237 - SUCCESSOR AGCY PA 1 ADMII`
241 - HOUSING AUTHORITY
243 - RDA LOW -MOD HOUSING FUI`
247 - ECONOMIC DEVELOPMENT FL
249 - SA 2011 LOW/MOD BOND FUI
250-TRANSPORTATION DIF FUND
251 - PARKS & REC DIF FUND
252 - CIVIC CENTER DIF FUND
253 - LIBRARY DEVELOPMENT DIF
254 - COMMUNITY & CULTURAL CEI
255 - STREET FACILITY DIF FUND
256 - PARK FACILITY DIF FUND
257 - FIRE PROTECTION DIF
259 - MAINTENANCE FACILITIES DIF
270 - ART IN PUBLIC PLACES FUND
275 - LQ PUBLIC SAFETY OFFICER
299 - INTEREST ALLOCATION FUND
310 - LQ FINANCE AUTHORITY DEBT
401 - CAPITAL IMPROVEMENT PRO(
405 - SA PA 1 CAPITAL IMPRV FUND
501 - FACILITY & FLEET REPLACEMEI
502 - INFORMATION TECHNOLOGY
503 - PARK EQUIP & FACILITY FUND
504 - INSURANCE FUND
601 - SILVERROCK RESORT
602 - SILVERROCK GOLF RESERVE
760 - SUPPLEMENTAL PENSION PLA
761-CERBT OPEB TRUST
762 - PARS PENSION TRUST
Report Total:
Attachment 1
For Fiscal: 2021/22 Period Ending: 06/30/2022
Revenue Summary
Variance
Original
Current
Period
Fiscal
Favorable
Percent
Total Budget
Total Budget
Activity
Activity
(Unfavorable)
Used
58,804,210
72,377,532
18,200,790
76,623,512
4,245,980
105.87%
0
4,993,504
-97,108
4,896,396
-97,108
98.06%
1,965,880
1,965,880
307,187
1,939,733
-26,147
98.67%
2,850,700
2,851,900
1,959,569
2,900,945
49,045
101.72%
5,000
5,000
-9,244
-7,550
-12,550
151.00%
151,000
151,000
-2,851
-1,427
-152,427
0.94%
101,000
101,000
22,955
152,765
51,765
151.25%
2,274,700
2,274,700
3,925
2,237,049
-37,651
98.34%
70,000
125,120
55,248
115,665
-9,455
92.44%
1,567,000
1,567,000
650,618
1,982,372
415,372
126.51%
0
0
-859
-859
-859
0.00%
100
100
-563
-450
-550
450.30%
12,000
12,000
0
28,874
16,874
240.62%
5,000
5,000
0
6,018
1,018
120.36%
19,200
19,200
-467
17,221
-1,979
89.69%
0
0
-628,203
19,484,467
19,484,467
0.00%
52,800
52,800
25,496
51,758
-1,042
98.03%
0
0
5,100
7,661
7,661
0.00%
871,400
1,666,400
-277,162
1,403,947
-262,453
84.25%
35,000
35,000
27,229
43,583
8,583
124.52%
30,000
30,000
-51,932
174,035
144,035
580.12%
201,000
26,000
-16,268
8,177
-17,823
31.45%
428,000
2,728,000
396,539
2,636,980
-91,020
96.66%
351,000
851,000
327,349
1,020,577
169,577
119.93%
152,000
602,000
139,361
627,911
25,911
104.30%
50,000
175,000
66,224
196,648
21,648
112.37%
72,000
372,000
25,181
339,454
-32,546
91.25%
0
0
-1,400
32,497
32,497
0.00%
0
0
-175
-97
-97
0.00%
66,000
191,000
53,037
212,043
21,043
111.02%
26,000
136,000
25,173
133,080
-2,920
97.85%
130,000
130,000
-13,153
189,831
59,831
146.02%
2,600
2,600
-1,477
814
-1,786
31.31%
0
0
-237,594
-23
-23
0.00%
1,100
1,100
1,100
1,100
0
100.00%
9,894,806
68,538,921
1,158,258
6,797,335
-61,741,586
9.92%
0
0
-11,139
-8,585
-8,585
0.00%
1,222,750
1,222,750
377,688
1,308,557
85,807
107.02%
1,786,700
1,786,700
378,931
1,730,680
-56,020
96.86%
400,000
400,000
-22,694
334,105
-65,895
83.53%
1,010,800
1,010,800
240,509
998,495
-12,305
98.78%
4,157,693
4,987,693
312,742
5,245,052
257,359
105.16%
67,000
67,000
-29,934
35,161
-31,839
52.48%
6,000
6,000
-2,596
2,882
-3,118
48.03%
80,000
80,000
-232,791
-257,076
-337,076
321.35%
700,000
700,000
-332,316
-1,184,653
-1,884,653
169.24%
89,620,439
172,247,700
22,790,284
132,456,657
-39,791,043
76.90%
M.
Page 1 of 3
Fund
101 - GENERAL FUND
201 - GAS TAX FUND
202 - LIBRARY & MUSEUM FUND
203 - PUBLIC SAFETY FUND (MEASU
210 - FEDERAL ASSISTANCE FUND
212 - SLESA (COPS) FUND
215 - LIGHTING & LANDSCAPING FU
220-QUIMBYFUND
221 - AB 939 - CALRECYCLE FUND
223 - MEASURE A FUND
225 - INFRASTRUCTURE FUND
226-EMERGENCY MANAGEMENT
227 -STATE HOMELAND SECURITY I
230 - CASp FUND, AB 1379
231 - SUCCESSOR AGCY PA 1 RORF
235 - 50 COAST AIR QUALITY FUND
237 - SUCCESSOR AGCY PA 1 ADMII`
241 - HOUSING AUTHORITY
243 - RDA LOW -MOD HOUSING FUI`
244 - HOUSING GRANTS (Multiple)
247 - ECONOMIC DEVELOPMENT FL
249 - SA 2011 LOW/MOD BOND FUI
250-TRANSPORTATION DIF FUND
253 - LIBRARY DEVELOPMENT DIF
254 - COMMUNITY & CULTURAL CEI
270 - ART IN PUBLIC PLACES FUND
310 - LQ FINANCE AUTHORITY DEBT
401 - CAPITAL IMPROVEMENT PRO(
405 - SA PA 1 CAPITAL IMPRV FUND
501 - FACILITY & FLEET REPLACEMEI
502 - INFORMATION TECHNOLOGY
503 - PARK EQUIP & FACILITY FUND
504 - INSURANCE FUND
601 - SILVERROCK RESORT
602 - SILVERROCK GOLF RESERVE
760 - SUPPLEMENTAL PENSION PLA
761 - CERBT OPEB TRUST
762 - PARS PENSION TRUST
Report Total:
For Fiscal: 2021/22 Period Ending: 06/30/2022
Expenditure Summary
Variance
Original Current Period Fiscal Favorable Percent
Total Budget Total Budget Activity Activity (Unfavorable) Used
55,162,726
88,940,648
16,607,410
51,834,255
2,007,500
2,984,683
237,416
1,485,438
4,306,510
4,732,500
1,338,830
1,918,230
0
286,397
5,588
195,415
148,350
207,377
0
1,530
100,000
100,000
10,511
40,837
2,257,400
2,257,400
289,770
2,108,145
0
1,180,635
334,791
713,669
150,000
205,120
53,600
109,742
1,220,500
2,614,501
89,398
441,372
0
22,618
0
0
12,000
12,000
0
9,750
5,000
5,000
4,896
4,896
5,600
5,600
1,871
1,871
0
0
-13,342,454
1,943,288
42,500
42,500
21,548
47,298
0
0
3,000
8,800
1,542,200
1,761,200
163,451
1,220,781
250,000
250,000
50,000
50,700
0
160,000
0
90,107
21,500
71,500
80
66,843
20,000
8,650,545
25,035
8,656,075
604,500
1,816,757
0
400,000
30,000
30,000
11,112
11,112
125,000
125,000
0
0
127,000
782,700
24,775
120,748
1,100
1,100
1,100
1,100
9,894,806
67,876,095
1,759,846
6,410,644
0
1,128,751
61,735
1,128,751
1,222,750
1,736,214
-190,473
834,432
1,786,700
2,256,627
288,975
1,456,586
255,000
347,635
388,625
637,380
936,800
936,800
2,071
921,615
4,161,262
4,570,262
740,653
4,805,446
0
30,000
0
30,000
12,850
12,850
0
12,833
1,500
1,500
400
1,722
52,000
52,000
4,682
59,382
86,463,054
196,194,516
8,988,243
87,780,792
37,106,393 58.28%
1,499,246 49.77%
2,814,270 40.53%
90,983 68.23%
205,847 0.74%
59,163 40.84%
149,255 93.39%
466,967 60.45%
95,378 53.50%
2,173,129 16.88 %
22,618 0.00%
2,250 81.25%
104 97.92%
3,730 33.40%
-1,943,288 0.00%
-4,798 111.29%
-8,800 0.00%
540,419 69.32%
199,300 20.28%
69,893 56.32%
4,657 93.49%
-5,530 100.06%
1,416,757 22.02%
18,888 37.04%
125,000 0.00%
661,952 15.43%
0 100.00%
61,465,451 9.44%
0 100.00%
901,781 48.06%
800,041 64.55%
-289,745 183.35%
15,185 98.38%
-235,184 105.15%
0 100.00%
17 99.87%
-222 114.81%
-7,382 114.20%
108,413,724 44.74%
Page 2 of 3
66
Fund Descriptions
Fund #
Name
Notes
The primary fund o the City used to account or all revenue and expenditures of the City; a broad
101
General Fund
range of municipal activities are provided through this fund.
201
Gas Tax Fund
Gasoline sales tax allocations received from the State which are restricted to street -related
expenditures.
202
Library and Museum Fund
Revenues from property taxes and related expenditures for library and museum services.
203
Public Safety Fund
General Fund Measure G sales tax revenue set aside for public safety expenditures.
210
Federal Assistance Fund
Community Development Block Grant (CDBG) received from the federal government and the
expenditures of those resources.
212
SLESF (COPS) Fund
Supplemental Law Enforcement Services Funds (SLESF) received from the State for law enforcement
activities. Also known as Citizen's Option for Public Safetv (COPS).
215
Lighting & Landscaping Fund
Special assessments levied on real property for city-wide lighting and landscape
maintenance/improvements and the expenditures of those resources.
220
Quimby Fund
Developer fees received under the provisions of the Quimby Act for park development and
improvements.
221
AB939 Fund/Cal Recycle
Franchise fees collected from the city waste hauler that are used to reduce waste sent to landfills
through recvclina efforts. Assembly Bill (AB) 939.
223
Measure A Fund
County sales tax allocations which are restricted to street -related expenditures.
224
TUMF Fund
Developer -paid Transportation Uniform Mitigation Fees (TUMF) utilized for traffic projects in Riverside
Countv.
225
Infrastructure Fund
Developer fees for the acquisition, construction or improvement of the City's infrastructure as defined
by Resolution
226
Emergency Mgmt. Performance Grant (EMPG)
Federal Emergency Management Agency (FEMA) grant for emergency preparedness.
227
State Homeland Security Programs (SHSP)
Federal Emergency Management Agency (FEMA) grant for emergency preparedness.
230
CASP Fund, AB1379 / SB1186
Certified Access Specialist (CASp) program fees for ADA Accessibility Improvements; derived from
Business License renewals. Assemblv Bill (AB) 1379 and Senate Bill (SB) 1186.
Successor Agency (SA) Project Area (PA) 1 Redevelopment Obligation Retirement Fund (RORF) for
231
Successor Agency PA 1 RORF Fund
Redevelopment Property Tax Trust Fund (RPTTF) taxes received for debt service payments on
recognized obligations of the former Redevelopment Aaencv (RDA).
235
SO Coast Air Quality Fund (AB2766, PM10)
Contributions from the South Coast Air Quality Management District. Uses are limited to the reduction
and control of airborne pollutants. Assemblv Bill (AB) 2766.
237
Successor Agency PA 1 Admin Fund
Successor Agency (SA) Project Area (PA) 1 for administration of the Recognized Obligation Payment
Schedule (ROPS) associated with the former Redevelopment Aqencv (RDA).
241
Housing Authority
Activities of the Housing Authority which is to promote and provide quality affordable housing.
243
RDA Low -Moderate Housing Fund
Activities of the Housing Authority which is to promote and provide quality affordable housing.
Accounts for RDA loan repayments (20 /o for Housinq) and housing programs,.
244
Housing Grants
Activites related Local Early Action Planning (LEAP) and SB2 grants for housing planning and
development.
247
Economic Development Fund
Proceeds from sale of City -owned land; transferred from General Fund for future economic
development.
249
SA 2011 Low/Mod Bond Fund
Successor Agency (SA) low/moderate housing fund; 2011 bonds refinanced in 2016.
250
Transportation DIF Fund
Developer impact fees collected for specific public improvements - transportation related.
251
Parks & Rec. DIF Fund
Developer impact fees collected for specific public improvements - parks and recreation.
252
Civic Center DIF Fund
Developer impact fees collected for specific public improvements - Civic Center.
253
Library Development DIF Fund
Developer impact fees collected for specific public improvements - library.
254
Community Center DIF Fund
Developer impact fees collected for specific public improvements - community center.
255
Street Facility DIF Fund
Developer impact fees collected for specific public improvements - streets.
256
Park Facility DIF Fund
Developer impact fees collected for specific public improvements - parks.
257
Fire Protection DIF Fund
Developer impact fees collected for specific public improvements - fire protection.
270
Art In Public Places Fund
Developer fees collected in lieu of art placement; utilized for acquisition, installation and maintenance
of public artworks.
275
LQ Public Safety Officer Fund
Annual transfer in from General Fund; distributed to public safety officers disabled or killed in the line
of dutv.
299
Interest Allocation Fund
Interest earned on investments.
310
LQ Finance Authority Debt Service Fund
Accounted for the debt service the Financing Authority's outstanding debt and any related reporting
requirements. This bond was fullv paid in October 2018.
401
Capital Improvement Program Fund
Planning, design, and construction of various capital projects throughout the City.
405
SA PA 1 Capital Improvement Fund
Successor Agency (SA) Project Area (PA) 1 bond proceeds restricted by the bond indenture covenants.
Used for SilverRock infrastructure improvements.
501
Equipment Replacement Fund
Internal Service Fund for vehicles, heavy equipment, and related facilities.
502
Information Technology Fund
Internal Service Fund for computer hardware and software and phone systems.
503
Park Equipment & Facility Fund
Internal Service Fund for park equipment and facilities.
504
Insurance Fund
Internal Service Fund for city-wide insurance coverages.
601
SilverRock Resort Fund
Enterprise Fund for activities of the city -owned golf course.
602
SilverRock Golf Reserve Fund
Enterprise Fund for golf course reserves for capital improvements.
760
Supplemental Pension Plan (PARS Account)
Supplemental pension savings plan for excess retiree benefits to general employees of the City.
761
Other Post Benefit Obligation Trust (OPEB)
For retiree medical benefits and unfunded liabilities.
762
Pension Trust Benefit (PARS Account)
I For all pension -related benefits and unfunded liabilities.
67
Page 3 of 3
CONSENT CALENDAR ITEM NO. 7
City of La Quinta
CITY COUNCIL MEETING
STAFF REPORT
December 20, 2022
AGENDA TITLE: RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT
DATED SEPTEMBER 30, 2022
RECOMMENDATION
Receive and file revenue and expenditure report dated September 30, 2022.
EXECUTIVE SUMMARY
• The report summarizes the City's year-to-date (YTD) revenues and period
expenditures for September 2022 (Attachment 1).
These reports are also reviewed by the Financial Advisory Commission.
FISCAL IMPACT - None
BACKGROUND/ANALYSIS
Below is a summary of the column headers used on the Revenue and
Expenditure Summary Reports:
Original Total Budget - represents revenue and expenditure budgets the
Council adopted in June 2022 for fiscal year 2022/23.
Current Total Budget - represents original adopted budgets plus any
Council approved budget amendments from throughout the year. The
2021/22 operating and Capital Improvement Project carryovers to
2022/23 will be processed after the year-end audit is completed.
Period Activity - represents actual revenues received and expenditures
outlaid in the reporting month.
Fiscal Activity - represents actual revenues received and expenditures
outlaid YTD.
Variance Favorable/(Unfavorable) - represents the dollar difference
between YTD collections/expenditures and the current budgeted
amount.
Percent Used - represents the percentage activity as compared to
budget YTD.
• •i
2022 Revenues
Percent of
MTD YTD Budget _
General Fund (GF) $ 3,463,984 $ 5,367,402 7.86% $
All Funds $ 5,276,829 $ 13,780,162 12.39% $
September 2022 Expenditures
Comparison to Last Year
Percent of
YTD Budget
5,317,808 9.04%
9,500,410 10.60%
Comparison to Last Year
Percent of
Percent of
MTD
YTD
Budget
YTD
Budget
General Fund $ 4,092,168
$ 7,198,064
11.13%
$ 5,844,903
10.60%
Payroll (GF) $ 1,075,287
$ 3,398,769
24.63%
$ 2,761,194
24.37%
All Funds $ 22,010,693
$ 28,883,586
28.07%
$ 10,282,229
11.89%
Ton Five Revenue/Income Sources for September
General Fund
Non -General Fund
Measure G Sales Tax
$
1,100,441
Technology Support Internal Service Fund(')
$
556,677
Sales Tax
$
899,897
Facility & Fleet Internal Service Fund(')
$
416,000
Transient Occupancy (Hotel) Tax
$
578,166
Allocated Interest
$
306,889
CSA 152 Assessments
$
275,816
Insurance Internal Service Fund �1�
$
255,000
Document Transfer Tax
$
86,957
Gas Tax
$
161,182
General Fund
Non -General Fund
Sheriff Contract (July)
$
1,204,205
Debt Service Payments- Successor Agency Bonds(3)
$ 14,973,153
Visit Greater Palm Springs
$
176,040
Capital Improvement Program (CIP) - Construction(`
$ 1,040,429
Liability Insurance & Claims(2)
$
132,250
Developer Reimbursements
$ 400,000
Parks Landscape Maintenance
$
121,608
SilverRock Maintenance
$ 227,919
Park Equipment Maintenance(2)
$
112,500
Facility & Fleet Internal Service Fund(2)
$ 140,475
(')Internal Service Funds are used to account for activities involved in rendering services to departments within the City;
quarterly journal entries move revenue into these funds.
(z)These charges in the represent quarterly contributions to the Internal Service Funds.
(4)Interest and principal payments for redevelopment bonds, funded by dedicated Redevelopment Property Tax
Trust Fund (RPTTF) revenue.
(3)CIP Construction: X-Park and Topaz landscaping; Jefferson/Ave. 53 roundabout
The revenue report includes revenues and transfers into funds from other
funds (income items). Revenues are not received uniformly throughout the
year, resulting in peaks and valleys. For example, large property tax
payments are usually received in December and May. Similarly,
Redevelopment Property Tax Trust Fund payments are typically received in
January and June. Any timing imbalance of revenue receipts versus
expenditures is funded from the City's cash flow reserve.
The expenditure report includes expenditures and transfers out to other funds.
Unlike revenues, expenditures are more likely to be consistent from month to
month. However, large debt service payments or CIP expenditures can cause
swings.
Prepared by: Rosemary Hallick, Financial Services Analyst
Approved by: Claudia Martinez, Finance Director
Attachment: 1. Revenue and Expenditure Report for September 30, 2022
70
ta GiKra
FINANCE
Fund
101 - GENERAL FUND
105 - DISASTER RECOVERY FUND
201 - GAS TAX FUND
202 - LIBRARY & MUSEUM FUND
203 - PUBLIC SAFETY FUND (MEASU
210 - FEDERAL ASSISTANCE FUND
212 - SLESA (COPS) FUND
215 - LIGHTING & LANDSCAPING FU
220-QUIMBYFUND
221 - AB 939 - CALRECYCLE FUND
223 - MEASURE A FUND
225 - INFRASTRUCTURE FUND
226-EMERGENCY MANAGEMENT
227 - STATE HOMELAND SECURITY I
230 - CASp FUND, AB 1379
231 - SUCCESSOR AGCY PA 1 RORF
235 - 50 COAST AIR QUALITY FUND
237 - SUCCESSOR AGCY PA 1 ADMII`
241 - HOUSING AUTHORITY
243 - RDA LOW -MOD HOUSING FUI`
247 - ECONOMIC DEVELOPMENT FL
249 - SA 2011 LOW/MOD BOND FUI
250-TRANSPORTATION DIF FUND
251 - PARKS & REC DIF FUND
252 - CIVIC CENTER DIF FUND
253 - LIBRARY DEVELOPMENT DIF
254 - COMMUNITY & CULTURAL CEI
255 - STREET FACILITY DIF FUND
256 - PARK FACILITY DIF FUND
257 - FIRE PROTECTION DIF
259 - MAINTENANCE FACILITIES DIF
270 - ART IN PUBLIC PLACES FUND
275 - LQ PUBLIC SAFETY OFFICER
299 - INTEREST ALLOCATION FUND
310 - LQ FINANCE AUTHORITY DEBT
401 - CAPITAL IMPROVEMENT PRO(
405 - SA PA 1 CAPITAL IMPRV FUND
501 - FACILITY & FLEET REPLACEMEI
502 - INFORMATION TECHNOLOGY
503 - PARK EQUIP & FACILITY FUND
504 - INSURANCE FUND
601 - SILVERROCK RESORT
602 - SILVERROCK GOLF RESERVE
760 - SUPPLEMENTAL PENSION PLA
761-CERBT OPEB TRUST
762 - PARS PENSION TRUST
Report Total:
Attachment 1
For Fiscal: 2022/23 Period Ending: 09/30/2022
Revenue Summary
Variance
Original Current Period Fiscal Favorable Percent
Total Budget Total Budget Activity Activity (Unfavorable) Used
68,321,100
68,321,100
3,463,984
5,367,402
-62,953,698
7.86%
5,003,505
5,003,505
0
4,990,403
-13,102
99.74%
2,691,011
2,691,011
161,182
249,306
-2,441,705
9.26%
2,867,000
2,867,000
199
-5,026
-2,872,026
0.18%
2,000
2,000
0
-157
-2,157
7.83%
156,000
156,000
0
-1
-156,001
0.00%
101,000
101,000
0
-240
-101,240
0.24%
2,483,300
2,483,300
0
-433
-2,483,733
0.02%
25,000
25,000
0
0
-25,000
0.00%
64,000
64,000
3,564
6,230
-57,770
9.73%
1,875,000
1,875,000
155,271
152,595
-1,722,405
8.14%
0
0
0
-12
-12
0.00%
12,100
12,100
0
0
-12,100
0.00%
5,000
5,000
4,896
4,896
-104
97.92%
20,200
20,200
1,678
4,447
-15,753
22.02%
0
0
4,581
4,581
4,581
0.00%
54,400
54,400
0
-28
-54,428
0.05%
0
0
0
-116
-116
0.00%
1,451,500
1,451,500
202,004
409,895
-1,041,605
28.24%
20,000
20,000
0
-2,155
-22,155
10.77%
15,000
15,000
5,792
3,798
-11,202
25.32%
25,000
25,000
6,867
6,323
-18,677
25.29%
1,020,000
1,020,000
56,126
322,633
-697,367
31.63%
501,000
501,000
29,484
163,837
-337,163
32.70%
301,000
301,000
17,220
96,296
-204,704
31.99%
75,000
75,000
5,558
30,966
-44,034
41.29%
152,000
152,000
13,384
74,163
-77,837
48.79%
10,000
10,000
0
-48
-10,048
0.48%
0
0
0
-4
-4
0.00%
101,000
101,000
5,166
28,819
-72,181
28.53%
75,500
75,500
4,382
25,026
-50,474
33.15%
153,000
153,000
4,633
13,749
-139,251
8.99%
2,200
2,200
0
-32
-2,232
1.45%
0
0
306,889
723,043
723,043
0.00%
1,100
1,100
0
0
-1,100
0.00%
13,136,811
13,136,811
0
0
-13,136,811
0.00%
1,000
1,000
0
-4
-1,004
0.38%
1,685,000
1,685,000
416,000
413,776
-1,271,224
24.56%
2,256,708
2,256,708
558,887
561,864
-1,694,844
24.90%
470,000
470,000
112,500
110,115
-359,885
23.43%
1,020,400
1,020,400
255,000
254,727
-765,673
24.96%
4,865,453
4,865,453
142,483
351,810
-4,513,643
7.23%
79,000
79,000
0
-344
-79,344
0.44%
5,500
5,500
0
-54
-5,554
0.98%
10,000
10,000
-131,500
-131,500
-141,500
1,315.00%
100,000
100,000
-529,400
-450,386
-550,386
450.39%
111,213,788
111,213,788
5,276,829
13,780,162
-97,433,626
12.39%
Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report published annually in December, is the best resource for all final audited numbers.
Page 1 of 3
71
For Fiscal: 2022/23 Period Ending: 09/30/2022
Expenditure Summary
Variance
Original
Current
Period
Fiscal
Favorable
Percent
Fund
Total Budget
Total Budget
Activity
Activity
(Unfavorable)
Used
101 - GENERAL FUND
64,651,274
64,651,274
4,092,168
7,198,064
57,453,210
11.13%
201 - GAS TAX FUND
2,687,351
2,687,351
233,077
318,228
2,369,123
11.84%
202 - LIBRARY & MUSEUM FUND
1,909,146
1,909,146
72,866
117,845
1,791,301
6.17%
210 - FEDERAL ASSISTANCE FUND
152,600
152,600
0
0
152,600
0.00%
212 - SLESA (COPS) FUND
100,000
100,000
4,999
4,999
95,001
5.00%
215 - LIGHTING & LANDSCAPING FU
2,465,376
2,465,376
253,310
418,887
2,046,489
16.99%
221 - AB 939 - CALRECYCLE FUND
150,000
150,000
23,735
46,032
103,968
30.69%
223 - MEASURE A FUND
3,882,000
3,882,000
0
33,703
3,848,297
0.87%
226 - EMERGENCY MANAGEMENT F
12,000
12,000
0
9,750
2,250
81.25%
227 -STATE HOMELAND SECURITY 1
5,000
5,000
4,312
4,312
688
86.25%
230 - CASp FUND, AB 1379
5,500
5,500
0
0
5,500
0.00%
231 - SUCCESSOR AGCY PA 1 RORF
0
0
14,973,153
14,973,153
-14,973,153
0.00%
235 - SO COAST AIR QUALITY FUND
46,500
46,500
605
1,371
45,129
2.95%
237 - SUCCESSOR AGCY PA 1 ADMII`
0
0
0
1,600
-1,600
0.00%
241 - HOUSING AUTHORITY
1,712,670
1,712,670
170,798
359,648
1,353,022
21.00%
243 - RDA LOW -MOD HOUSING FUG
250,000
250,000
5,000
255,000
-5,000
102.00%
244 - HOUSING GRANTS (Multiple)
0
0
0
96,157
-96,157
0.00%
247 - ECONOMIC DEVELOPMENT FL
21,500
21,500
0
0
21,500
0.00%
249 - SA 2011 LOW/MOD BOND FUI
20,000
20,000
1,605
1,605
18,395
8.03%
250-TRANSPORTATION DIF FUND
500,000
500,000
400,000
400,000
100,000
80.00%
251 - PARKS & REC DIF FUND
500,000
500,000
0
0
500,000
0.00%
252 - CIVIC CENTER DIF FUND
250,000
250,000
0
0
250,000
0.00%
253 - LIBRARY DEVELOPMENT DIF
15,000
15,000
0
0
15,000
0.00%
270 - ART IN PUBLIC PLACES FUND
177,000
177,000
500
13,166
163,834
7.44%
310 - LQ FINANCE AUTHORITY DEBT
1,100
1,100
0
0
1,100
0.00%
401 - CAPITAL IMPROVEMENT PRO(
13,136,811
13,136,811
1,109,981
1,773,529
11,363,282
13.50%
501 - FACILITY & FLEET REPLACEMEI
1,608,750
1,608,750
132,960
395,758
1,212,992
24.60%
502 - INFORMATION TECHNOLOGY
2,258,054
2,258,054
81,991
558,814
1,699,240
24.75%
503 - PARK EQUIP & FACILITY FUND
545,000
545,000
78,926
79,201
465,799
14.53%
504 - INSURANCE FUND
984,100
984,100
571
891,183
92,917
90.56%
601 - SILVERROCK RESORT
4,782,135
4,782,135
365,204
904,641
3,877,494
18.92%
760 - SUPPLEMENTAL PENSION PLA
12,850
12,850
0
12,833
17
99.87%
761 - CERBT OPEB TRUST
1,500
1,500
390
390
1,110
25.98%
762 - PARS PENSION TRUST
55,000
55,000
4,542
13,715
41,285
24.94%
Report Total:
102,898,217
102,898,217
22,010,693
28,883,586
74,014,631
28.07%
Accounts are subject to adjusting entries and audit. The City's Annual Comprehensive Financial Report published annually in December, is the best resource for all final audited numbers.
Page 2 of 3
72
Fund Descriptions
Fund #
Name
Notes
The primary fund o the City used to account or all revenue and expenditures of the City; a broad
101
General Fund
range of municipal activities are provided through this fund.
201
Gas Tax Fund
Gasoline sales tax allocations received from the State which are restricted to street -related
expenditures.
202
Library and Museum Fund
Revenues from property taxes and related expenditures for library and museum services.
203
Public Safety Fund
General Fund Measure G sales tax revenue set aside for public safety expenditures.
210
Federal Assistance Fund
Community Development Block Grant (CDBG) received from the federal government and the
expenditures of those resources.
212
SLESF (COPS) Fund
Supplemental Law Enforcement Services Funds (SLESF) received from the State for law enforcement
activities. Also known as Citizen's Option for Public Safetv (COPS).
215
Lighting & Landscaping Fund
Special assessments levied on real property for city-wide lighting and landscape
maintenance/improvements and the expenditures of those resources.
220
Quimby Fund
Developer fees received under the provisions of the Quimby Act for park development and
improvements.
221
AB939 Fund/Cal Recycle
Franchise fees collected from the city waste hauler that are used to reduce waste sent to landfills
through recvclina efforts. Assembly Bill (AB) 939.
223
Measure A Fund
County sales tax allocations which are restricted to street -related expenditures.
224
TUMF Fund
Developer -paid Transportation Uniform Mitigation Fees (TUMF) utilized for traffic projects in Riverside
Countv.
225
Infrastructure Fund
Developer fees for the acquisition, construction or improvement of the City's infrastructure as defined
by Resolution
226
Emergency Mgmt. Performance Grant (EMPG)
Federal Emergency Management Agency (FEMA) grant for emergency preparedness.
227
State Homeland Security Programs (SHSP)
Federal Emergency Management Agency (FEMA) grant for emergency preparedness.
230
CASP Fund, AB1379 / SB1186
Certified Access Specialist (CASp) program fees for ADA Accessibility Improvements; derived from
Business License renewals. Assemblv Bill (AB) 1379 and Senate Bill (SB) 1186.
Successor Agency (SA) Project Area (PA) 1 Redevelopment Obligation Retirement Fund (RORF) for
231
Successor Agency PA 1 RORF Fund
Redevelopment Property Tax Trust Fund (RPTTF) taxes received for debt service payments on
recognized obligations of the former Redevelopment Aaencv (RDA).
235
SO Coast Air Quality Fund (AB2766, PM10)
Contributions from the South Coast Air Quality Management District. Uses are limited to the reduction
and control of airborne pollutants. Assemblv Bill (AB) 2766.
237
Successor Agency PA 1 Admin Fund
Successor Agency (SA) Project Area (PA) 1 for administration of the Recognized Obligation Payment
Schedule (ROPS) associated with the former Redevelopment Aqencv (RDA).
241
Housing Authority
Activities of the Housing Authority which is to promote and provide quality affordable housing.
243
RDA Low -Moderate Housing Fund
Activities of the Housing Authority which is to promote and provide quality affordable housing.
Accounts for RDA loan repayments (20 /o for Housinq) and housing programs,.
244
Housing Grants
Activites related Local Early Action Planning (LEAP) and SB2 grants for housing planning and
development.
247
Economic Development Fund
Proceeds from sale of City -owned land; transferred from General Fund for future economic
development.
249
SA 2011 Low/Mod Bond Fund
Successor Agency (SA) low/moderate housing fund; 2011 bonds refinanced in 2016.
250
Transportation DIF Fund
Developer impact fees collected for specific public improvements - transportation related.
251
Parks & Rec. DIF Fund
Developer impact fees collected for specific public improvements - parks and recreation.
252
Civic Center DIF Fund
Developer impact fees collected for specific public improvements - Civic Center.
253
Library Development DIF Fund
Developer impact fees collected for specific public improvements - library.
254
Community Center DIF Fund
Developer impact fees collected for specific public improvements - community center.
255
Street Facility DIF Fund
Developer impact fees collected for specific public improvements - streets.
256
Park Facility DIF Fund
Developer impact fees collected for specific public improvements - parks.
257
Fire Protection DIF Fund
Developer impact fees collected for specific public improvements - fire protection.
270
Art In Public Places Fund
Developer fees collected in lieu of art placement; utilized for acquisition, installation and maintenance
of public artworks.
275
LQ Public Safety Officer Fund
Annual transfer in from General Fund; distributed to public safety officers disabled or killed in the line
of dutv.
299
Interest Allocation Fund
Interest earned on investments.
310
LQ Finance Authority Debt Service Fund
Accounted for the debt service the Financing Authority's outstanding debt and any related reporting
requirements. This bond was fullv paid in October 2018.
401
Capital Improvement Program Fund
Planning, design, and construction of various capital projects throughout the City.
405
SA PA 1 Capital Improvement Fund
Successor Agency (SA) Project Area (PA) 1 bond proceeds restricted by the bond indenture covenants.
Used for SilverRock infrastructure improvements.
501
Equipment Replacement Fund
Internal Service Fund for vehicles, heavy equipment, and related facilities.
502
Information Technology Fund
Internal Service Fund for computer hardware and software and phone systems.
503
Park Equipment & Facility Fund
Internal Service Fund for park equipment and facilities.
504
Insurance Fund
Internal Service Fund for city-wide insurance coverages.
601
SilverRock Resort Fund
Enterprise Fund for activities of the city -owned golf course.
602
SilverRock Golf Reserve Fund
Enterprise Fund for golf course reserves for capital improvements.
760
Supplemental Pension Plan (PARS Account)
Supplemental pension savings plan for excess retiree benefits to general employees of the City.
761
Other Post Benefit Obligation Trust (OPEB)
For retiree medical benefits and unfunded liabilities.
762
Pension Trust Benefit (PARS Account)
I For all pension -related benefits and unfunded liabilities.
73
Page 3 of 3
74
CONSENT CALENDAR ITEM NO. 8
City of La Quinta
CITY COUNCIL MEETING: December 20, 2022
STAFF REPORT
AGENDA TITLE: RECEIVE AND FILE FIRST QUARTER FISCAL YEAR 2022/23
TREASURY REPORTS FOR JULY, AUGUST, SEPTEMBER 2022
RECOMMENDATION
Receive and file the first quarter fiscal year 2022/23 Treasury Reports for July,
August, September 2022.
BACKGROUND/ANALYSIS
Commentary and Summary of Significant Activity
The total book value of the portfolio decreased $16.5 million, from $222.5
million at the end of June to $206.0 million at the end of September. A
decrease of $15.0 million was due to the payment of Successor Agency debt
service obligations that are paid in August. The remainder of the decrease
reflects operational activity throughout the quarter. The portfolio is within
policy limits for investment types and total allocation by type (see chart
below), and is also within policy guidelines for investment ratings.
Portfolio Allocations
Max
Investment Type
July
August
September Allowed
Bank Accounts
2.93%
5.34%
2.35%
100%
Local Agency Investment Fund (LAIF) City
14.50%
12.87%
13.95%
(1)
Local Agency Investment Fund (LAIF) Housing
0.89%
0.90%
0.98%
(1)(2)
Money Market Pool Accounts -CAMP
14.58%
8.05%
8.74%
20%
Federal Agency Coupons
17.51%
17.70%
19.190/0
1000/0
Treasury Coupons
28.88%
27.85%
32.32%
1000/0
Certificates of Deposit (CD's)
14.44%
14.38%
16.07%
30%
Corporate Notes
0.82%
0.83%
0.90%
30%
Money Market with Fiscal Agent
0.00%
6.71%
0.00%
(2)
CERBT- OPEB Trust
0.79%
0.80%
0.81%
(3)
PARS Pension Trust
4.65%
4.57%
4.70%
(3)
Total
1000/0
1000/0
1000/0
(1) LAIF is subject to maximum dollar amount not a percentage of the portfolio
(z) Funds held by fiscal agent and the LAIF Housing funds are governed by bond indentures and not subject to
City Investment Policy
(3) OPEB and pension trusts are fiduciary accounts and not subject to City Investment Policy
75
The fiscal year annual effective rate of return is 1.30% as of September, which
reflects a 51 basis point (bps) increase since June. City staff is evaluating
liquidity needs and reinvesting money in short-term United States treasuries
and the California Asset Management Program (CAMP) which are yielding
more than the Local Agency Investment Fund (LAIF).
Average
Effective
Total
Days to
Rate of
Earnings
Maturity
Return YTD
July $ 216,625
439
1.14%
August $ 242,859
444
1.22%
September $ 264,985
496
1.30%
Quarter 1 $ 7241,469
460
1.22%
Throughout the quarter, two agency bonds, five treasuries and four CDs
matured; two agency bonds, seven treasuries, and seven CDs were
purchased. There were no sales or calls. Maturities and purchases are listed
in detail in the attached reports.
Other Notes
Money market funds with the fiscal agent are bond proceeds subject to bond
indentures, not the City's investment policy. Successor Agency (SA) funds
cannot be invested long-term; therefore SA funds are only invested in LAIF.
Looking Ahead
The Treasurer follows a "buy and hold" Investment Policy, unless it is fiscally
advantageous to actively trade outside of maturity dates. In the short term,
the Treasurer will invest in CAMP and LAIF as needed. Longer term
investments may include Government Sponsored Enterprise (agencies)
securities, U.S. Treasuries, Corporate Notes, and Negotiable Certificates of
Deposits. All investments recognize both immediate and long-term cash flow
needs, and there is sufficient liquidity in the portfolio to meet expenditure
requirements for the next six months.
ALTERNATIVES - None
Prepared by: Rosemary Hallick, Financial Services Analyst
Approved by: Claudia Martinez, Finance Director/City Treasurer
Attachment: 1. Treasurer's Report for July 1, 2022 to September 30, 2022
76
ATTACHMENT 1
•
w City of La Quinta
City of La Quinta
Portfolio Management
-- GEM of the DESERT — Portfolio Summary
July 31, 2022
Par Market Book % of Days to YTM
Investments Value Value Value Portfolio Term Maturity 365 Equiv.
Bank Accounts 6,622,737.73 6,622,737.73 6,622,737.73 2.93 1 1 0.000
Local Agency Investment Fund -City 32,728,722.48 32,308,807.14 32,728,722.48 14.50 1 1 1.090
Local Agency Invstmnt Fund -Housing 2,018,767.39 1,992,886.54 2,018,767.39 0.89 1 1 1.090
Money Market Accounts - CAMP 32,915,647.76 32,915,647.76 32,915,647.76 14.58 1 1 1.640
Federal Agency Coupon Securities 39,750,000.00 37,730,680.50 39,534,153.90 17.51 1,574 1,057 1.206
Treasury Coupon Securities 65,750,000.00 64,443,135.00 65,213,358.27 28.88 619 470 1.616
Certificate of Deposits 32,594,000.00 31,687,117.92 32,593,377.50 14.44 1,656 784 1.917
Corporate Notes 1,900,000.00 1,855,233.00 1,857,560.00 0.82 1,578 510 2.287
Money Market with Fiscal Agent 26.01 26.01 26.01 0.00 1 1 0.000
CERBT- OPEBTrust 1,792,152.96 1,792,152.96 1,792,152.96 0.79 1 1 0.000
PARS Pension Trust 10,510,266.30 10,510,266.30 10,510,266.30 4.65 1 1 0.000
226,582,320.63 221,858,690.86 225,786,770.30 100.00% 707 439 1.380
Investments
Total Earnings July 31 Month Ending Fiscal Year To Date
Current Year 216,624.61 216,624.61
Average Daily Balance 223,372,590.83 223,372,590.83
Effective Rate of Return 1.14% 1.14%
1 certify that this report accurately reflects all pooled investments and is in compliance with the California Government Code and the City Investment Policy. As Treasurer of the City of La Quinta, I hereby
certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months. The City of La Quinta used the monthly account
statements issued our in ial institutions to determine the fair market value of investments at month end.
12/8/22
Claudia Martinez, Finance irector/City Treasurer
Reporting period 07/01/2022-07/31/2022
Run Date: 12/07/2022 - 15:29
Portfolio CITY
CID
PM (PRF_PM1) 7.3.0
Report Ver. 7.3.6.1
77
City of La Quinta
Portfolio Management
Portfolio Details - Investments
July 31, 2022
Page 1
Average
Purchase
Stated
Days to
YTM Maturity
CUSIP Investment # Issuer
Balance
Date
Par Value
Market Value
Book Value Rate
Term Maturity
365 Date
Bank Accounts
SYS1293 1293 Bank of New York
09/01/2020
2,337,762.00
2,337,762.00
2,337,762.00
1
1
0.000
059731851 1228 Bank of the West
08/20/2019
3,264,587.10
3,264,587.10
3,264,587.10
1
1
0.000
SYS1059 1059 City Petty Cash
07/01/2016
3,300.00
3,300.00
3,300.00
1
1
0.000
SYS1318 1318 Dune Palms Mobile Estates
03/09/2021
613,712.88*
613,712.88
613,712.88
1
1
0.000
SYS1062 1062 La Quinta Palms Realty
07/01/2016
403,375.75
403,375.75
403,375.75
1
1
0.000
*DPME ending balance for June $597,351.67Subtotal and Average
9,168,022.74
6,622,737.73
6,622,737.73
6,622,737.73
1
1
0.000
Local Agency Investment Fund -City
98-33434 1055 Local Agency Inv Fund
32,728,722.48
32,308,807.14
32,728,722.48 1.090
1
1
1.090
Subtotal and Average
32,677,739.71
32,728,722.48
32,308,807.14
32,728,722.48
1
1
1.090
Local Agency Invstmnt Fund -Housing
25-33-005 1113 Local Agency Inv Fund
Subtotal and Average
2,014,910.88
Money Market Accounts - CAMP
SYS1153 1153 California Asset Management Pr
Subtotal and Average 28,522,163.19
Federal Agency
Coupon Securities
3135GOW33
1233
3133EGWJO
1247
3133EKQP4
1198
3133ENBT6
1348
3133EMX64
1340
3133EKZK5
1223
3133EJYL7
1158
3133EK4X1
1234
3130AFW94
1177
3133ELNEO
1246
3133ENYH7
1401
3135GOV75
1206
3133EKWV4
1212
3133EKP75
1224
3133ELEA8
1242
Run Date: 12/07/2022 - 15:29
2,018,767.39
2,018,767.39
09/26/2018 32,915,647.76
32,915,647.76
1,992,886.54
1,992,886.54
32,915,647.76
32,915,647.76
2.018.767.39 1.090
2,018,767.39
32,915,647.76 1.640
32,915,647.76
1 1 1.090
1 1 1.090
1 1 1.640
1 1 1.640
Federal National Mtg Assn
10/29/2019
1,000,000.00
999,180.00
992,100.00
1.375
1,043
36
1.659 09/06/2022
Federal Farm Credit Bank
02/05/2020
1,000,000.00
998,620.00
999,217.36
1.400
967
59
1.430 09/29/2022
Federal Farm Credit Bank
06/20/2019
500,000.00
498,700.00
499,500.00
1.875
1,271
133
1.905 12/12/2022
Federal Farm Credit Bank
12/07/2021
1,000,000.00
987,250.00
998,530.00
0.180
414
177
0.310 01/25/2023
Federal Farm Credit Bank
10/22/2021
500,000.00
489,950.00
499,002.04
0.170
553
270
0.302 04/28/2023
Federal Farm Credit Bank
09/12/2019
500,000.00
493,280.00
499,400.00
1.600
1,432
378
1.632 08/14/2023
Federal Farm Credit Bank
10/15/2018
250,000.00
249,542.50
247,275.00
2.800
1,786
400
3.041 09/05/2023
Federal Farm Credit Bank
11/01/2019
1,000,000.00
982,740.00
996,900.00
1.600
1,461
457
1.680 11/01/2023
Federal Home Loan Bank
03/01/2019
500,000.00
496,935.00
498,550.00
2.500
1,810
561
2.563 02/13/2024
Federal Farm Credit Bank
02/14/2020
1,000,000.00
979,050.00
999,000.00
1.430
1,461
562
1.456 02/14/2024
Federal Farm Credit Bank
06/10/2022
500,000.00
497,340.00
499,080.00
2.625
731
679
2.720 06/10/2024
Federal National Mtg Assn
07/15/2019
500,000.00
489,970.00
495,950.00
1.750
1,814
701
1.922 07/02/2024
Federal Farm Credit Bank
08/02/2019
500,000.00
489,330.00
499,500.00
1.850
1,820
725
1.871 07/26/2024
Federal Farm Credit Bank
09/17/2019
500,000.00
487,280.00
498,750.00
1.600
1,827
778
1.652 09/17/2024
Federal Farm Credit Bank
12/17/2019
1,000,000.00
976,560.00
998,600.00
1.700
1,736
778
1.731 09/17/2024
Portfolio CITY
CP
PM (PRF_PM2) 7.3.0
Report Ver. 7.3.6.1
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City of La Quinta
Portfolio Management
Portfolio Details - Investments
July 31, 2022
Page 2
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Term
Days to
Maturity
YTM
365
Maturity
Date
Federal Agency
Coupon Securities
3135G06E8
1291
Federal National Mtg Assn
11/18/2020
500,000.00
470,790.00
499,250.00
0.420
1,461
840
0.458
11/18/2024
3133ENGN4
1355
Federal Farm Credit Bank
12/09/2021
1,000,000.00
953,400.00
1,000,000.00
0.970
1,096
861
0.970
12/09/2024
3135GAAW1
1300
Federal National Mtg Assn
12/30/2020
500,000.00
469,220.00
500,000.00
0.400
1,461
882
0.400
12/30/2024
3130AP21.18
1353
Federal Home Loan Bank
12/07/2021
1,000,000.00
939,310.00
987,100.00
0.550
1,127
890
0.976
01/07/2025
3130AQWY5
1374
Federal Home Loan Bank
02/25/2022
1,000,000.00
963,230.00
1,000,000.00
1.700
1,095
938
1.700
02/24/2025
3135G031.15
1365
Federal National Mtg Assn
01/28/2022
500,000.00
470,380.00
487,790.00
0.625
1,180
995
1.400
04/22/2025
3134GVYG7
1279
Federal Home Loan Mtg Corp
05/27/2020
1,000,000.00
935,370.00
1,000,000.00
0.625
1,826
1,030
0.625
05/27/2025
3133ELH23
1280
Federal Farm Credit Bank
06/09/2020
500,000.00
467,790.00
499,850.00
0.500
1,826
1,043
0.506
06/09/2025
3133ELH80
1282
Federal Farm Credit Bank
06/10/2020
500,000.00
465,800.00
500,000.00
0.680
1,826
1,044
0.680
06/10/2025
3130AJKW8
1281
Federal Home Loan Bank
06/03/2020
500,000.00
468,025.00
499,850.00
0.500
1,836
1,047
0.506
06/13/2025
3130AJRP6
1283
Federal Home Loan Bank
06/30/2020
300,000.00
281,589.00
300,000.00
0.680
1,826
1,064
0.680
06/30/2025
3137EAEU9
1297
Federal Home Loan Mtg Corp
12/07/2020
1,000,000.00
929,190.00
997,300.00
0.375
1,687
1,085
0.434
07/21/2025
3137EAEU9
1361
Federal Home Loan Mtg Corp
01/05/2022
500,000.00
464,595.00
487,090.00
0.375
1,293
1,085
1.120
07/21/2025
3135G05S8
1288
Federal National Mtg Assn
08/14/2020
500,000.00
463,400.00
500,000.00
0.500
1,826
1,109
0.500
08/14/2025
3136G4M75
1290
Federal National Mtg Assn
08/28/2020
500,000.00
463,650.00
499,750.00
0.520
1,816
1,113
0.530
08/18/2025
3136G4N74
1289
Federal National Mtg Assn
08/21/2020
1,000,000.00
928,100.00
1,000,000.00
0.560
1,826
1,116
0.560
08/21/2025
3137EAEX3
1307
Federal Home Loan Mtg Corp
02/23/2021
500,000.00
462,845.00
495,999.50
0.375
1,673
1,149
0.552
09/23/2025
3137EAEX3
1310
Federal Home Loan Mtg Corp
03/30/2021
1,000,000.00
925,690.00
983,940.00
0.375
1,638
1,149
0.740
09/23/2025
3130ARGJ4
1385
Federal Home Loan Bank
04/14/2022
500,000.00
494,195.00
500,000.00
2.500
1,279
1,170
2.500
10/14/2025
3134GW5R3
1362
Federal Home Loan Mtg Corp
01/05/2022
400,000.00
370,272.00
391,360.00
0.650
1,391
1,183
1.232
10/27/2025
3135G06G3
1354
Federal National Mtg Assn
12/07/2021
1,000,000.00
926,490.00
976,300.00
0.500
1,431
1,194
1.120
11/07/2025
3135GA2Z3
1292
Federal National Mtg Assn
11/17/2020
500,000.00
464,090.00
499,250.00
0.560
1,826
1,204
0.590
11/17/2025
3130AKFA9
1298
Federal Home Loan Bank
12/07/2020
500,000.00
460,555.00
497,400.00
0.375
1,831
1,229
0.480
12/12/2025
3135GA7D7
1299
Federal National Mtg Assn
12/23/2020
500,000.00
463,820.00
500,000.00
0.600
1,826
1,240
0.600
12/23/2025
3134GXGZ1
1301
Federal Home Loan Mtg Corp
12/30/2020
500,000.00
462,140.00
500,000.00
0.550
1,826
1,247
0.550
12/30/2025
3130AKMZ6
1302
Federal Home Loan Bank
01/14/2021
500,000.00
456,995.00
500,000.00
0.510
1,826
1,262
0.510
01/14/2026
313OAKN28
1304
Federal Home Loan Bank
01/29/2021
500,000.00
457,220.00
500,000.00
0.550
1,826
1,277
0.550
01/29/2026
3130ALV92
1312
Federal Home Loan Bank
03/30/2021
500,000.00
469,020.00
500,000.00
1.050
1,826
1,337
0.938
03/30/2026
3130AMFS6
1324
Federal Home Loan Bank
06/17/2021
1,000,000.00
924,100.00
993,420.00
0.750
1,821
1,411
0.885
06/12/2026
3133EM2C5
1330
Federal Farm Credit Bank
08/10/2021
500,000.00
461,890.00
498,000.00
0.710
1,826
1,470
0.792
08/10/2026
3133EM4X7
1338
Federal Farm Credit Bank
09/28/2021
1,000,000.00
922,910.00
991,080.00
0.800
1,808
1,501
0.985
09/10/2026
3130APBM6
1337
Federal Home Loan Bank
09/30/2021
1,000,000.00
933,700.00
999,000.00
1.000
1,826
1,521
1.021
09/30/2026
3130APB46
1339
Federal Home Loan Bank
10/13/2021
1,000,000.00
930,440.00
998,250.00
0.950
1,826
1,534
0.986
10/13/2026
3134GW6C5
1359
Federal Home Loan Mtg Corp
01/05/2022
500,000.00
456,795.00
486,000.00
0.800
1,757
1,549
1.403
10/28/2026
3133ENCQ1
1344
Federal Farm Credit Bank
11/02/2021
1,000,000.00
926,870.00
1,000,000.00
1.270
1,826
1,554
1.270
11/02/2026
3130APTV7
1347
Federal Home Loan Bank
11/24/2021
500,000.00
477,085.00
499,500.00
0.700
1,826
1,576
1.489
11/24/2026
Portfolio CITY
CP
Run Date: 12/07/2022 -
15:29
PM (PRF_PM2) 7.3.0
79
City of La Quinta
Portfolio Management
Portfolio Details - Investments
July 31, 2022
Page 3
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Days to
Term Maturity
YTM Maturity
365 Date
Federal Agency Coupon Securities
313OAQF65
1358
Federal Home Loan Bank
12/22/2021
1,000,000.00
935,400.00
999,750.00
1.250
1,825
1,603
1.255 12/21/2026
3134GWUQ7
1366
Federal Home Loan Mtg Corp
02/10/2022
1,000,000.00
914,740.00
945,570.00
0.700
1,784
1,612
1.870 12/30/2026
3130AQJR5
1364
Federal Home Loan Bank
01/27/2022
1,000,000.00
949,700.00
1,000,000.00
1.500
1,826
1,640
1.500 01/27/2027
3130AQSA2
1367
Federal Home Loan Bank
02/10/2022
1,000,000.00
948,420.00
1,000,000.00
1.830
1,826
1,654
1.830 02/10/2027
3130ARGY1
1387
Federal Home Loan Bank
04/19/2022
1,000,000.00
984,790.00
1,000,000.00
2.700
1,826
1,722
2.700 04/19/2027
3130ASDV8
1409
Federal Home Loan Bank
06/28/2022
300,000.00
300,942.00
300,000.00
3.300
1,826
1,792
3.300 06/28/2027
Subtotal and Average 39,534,153.90
39,750,000.00
37,730,680.50
39,534,153.90
1,574
1,057
1.206
Treasury Coupon
Securities
91282CAG6
1405
U.S. Treasury
06/13/2022
5,000,000.00
4,991,400.00
4,988,450.00
0.125
79
30
1.203 08/31/2022
9128282W9
1178
U.S. Treasury
03/01/2019
500,000.00
499,710.00
489,687.50
1.875
1,309
60
2.480 09/30/2022
91282CAN1
1395
U.S. Treasury
06/06/2022
4,000,000.00
3,986,320.00
3,985,625.00
0.125
116
60
1.263 09/30/2022
91282CAN1
1404
U.S. Treasury
06/13/2022
2,000,000.00
1,993,160.00
1,992,780.00
0.125
109
60
1.342 09/30/2022
91282CAN1
1411
U.S. Treasury
06/29/2022
2,000,000.00
1,993,160.00
1,991,942.00
0.125
93
60
1.717 09/30/2022
91282CAR2
1393
U.S. Treasury
06/06/2022
4,000,000.00
3,977,800.00
3,979,880.00
0.125
147
91
1.391 10/31/2022
91282CAR2
1406
U.S. Treasury
06/13/2022
2,000,000.00
1,988,900.00
1,989,440.00
0.125
140
91
1.521 10/31/2022
9128283C2
1410
U.S. Treasury
06/29/2022
2,000,000.00
1,998,060.00
1,999,940.00
2.000
124
91
2.002 10/31/2022
9128283C2
1414
U.S. Treasury
06/30/2022
1,000,000.00
999,030.00
999,977.00
2.000
123
91
2.000 10/31/2022
91282CAX9
1403
U.S. Treasury
06/13/2022
4,000,000.00
3,965,920.00
3,972,031.25
0.125
170
121
1.642 11/30/2022
912828M80
1408
U.S. Treasury
06/28/2022
3,000,000.00
2,993,190.00
2,996,670.00
2.000
155
121
2.261 11/30/2022
912828M80
1413
U.S. Treasury
06/30/2022
2,000,000.00
1,995,460.00
1,997,980.00
2.000
153
121
2.240 11/30/2022
91282CBD2
1394
U.S. Treasury
06/06/2022
2,000,000.00
1,977,900.00
1,982,265.63
0.125
208
152
1.705 12/31/2022
91282CBD2
1402
U.S. Treasury
06/13/2022
3,000,000.00
2,966,850.00
2,972,578.13
0.125
201
152
1.812 12/31/2022
912828N30
1407
U.S. Treasury
06/28/2022
2,000,000.00
1,994,220.00
1,996,240.00
2.125
186
152
2.501 12/31/2022
912828N30
1412
U.S. Treasury
06/30/2022
2,000,000.00
1,994,220.00
1,996,680.00
2.125
184
152
2.461 12/31/2022
91282CBU4
1349
U.S. Treasury
12/07/2021
1,000,000.00
981,450.00
996,718.75
0.125
479
242
0.376 03/31/2023
91282CCD1
1350
U.S. Treasury
12/07/2021
1,000,000.00
976,840.00
995,468.75
0.125
540
303
0.432 05/31/2023
91282CCN9
1341
U.S. Treasury
10/22/2021
500,000.00
486,170.00
497,792.97
0.125
647
364
0.375 07/31/2023
912828T26
1217
U.S. Treasury
08/21/2019
500,000.00
490,900.00
499,300.00
1.375
1,501
425
1.410 09/30/2023
91282CBA8
1351
U.S. Treasury
12/07/2021
1,000,000.00
962,070.00
990,000.00
0.125
738
501
0.623 12/15/2023
91282CBEO
1342
U.S. Treasury
10/22/2021
1,000,000.00
959,730.00
991,000.00
0.125
815
532
0.531 01/15/2024
91282CBR1
1352
U.S. Treasury
12/07/2021
1,000,000.00
957,380.00
989,800.00
0.250
829
592
0.704 03/15/2024
91282CBV2
1360
U.S. Treasury
01/05/2022
500,000.00
478,710.00
494,882.81
0.375
831
623
0.830 04/15/2024
912828XT2
1418
U.S. Treasury
05/04/2022
1,000,000.00
983,710.00
985,240.00
2.000
758
669
2.736 05/31/2024
9128282U3
1400
U.S. Treasury
06/09/2022
500,000.00
489,590.00
490,850.00
1.875
814
761
2.727 08/31/2024
Run Date: 12/07/2022 - 15:29
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
w
City of La Quinta
Portfolio Management
Portfolio Details - Investments
July 31, 2022
Page 4
CUSIP
Average
Investment # Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Days to
Term Maturity
YTM Maturity
365 Date
Treasury Coupon Securities
91282CDB4
1343
U.S. Treasury
10/22/2021
1,000,000.00
952,070.00
996,320.00
0.625
1,089
806
0.750 10/15/2024
9128283DO
1390
U.S. Treasury
05/03/2022
1,000,000.00
986,450.00
985,190.00
2.250
912
822
2.870 10/31/2024
912828YV6
1241
U.S. Treasury
12/16/2019
1,000,000.00
969,020.00
989,687.50
1.500
1,811
852
1.718 11/30/2024
91282CAT8
1311
U.S. Treasury
03/30/2021
1,000,000.00
920,700.00
977,500.00
0.250
1,676
1,187
0.750 10/31/2025
91282CAZ4
1315
U.S. Treasury
04/22/2021
500,000.00
461,465.00
492,187.50
0.375
1,683
1,217
0.720 11/30/2025
91282CBC4
1303
U.S. Treasury
01/07/2021
500,000.00
460,490.00
498,632.81
0.375
1,819
1,248
0.431 12/31/2025
91282CBH3
1309
U.S. Treasury
02/23/2021
500,000.00
459,765.00
495,100.00
0.375
1,803
1,279
0.577 01/31/2026
91282CBQ3
1319
U.S. Treasury
05/28/2021
500,000.00
461,170.00
494,165.00
0.500
1,737
1,307
0.750 02/28/2026
91282CBQ3
1382
U.S. Treasury
03/23/2022
750,000.00
691,755.00
698,025.00
0.500
1,438
1,307
2.353 02/28/2026
91282CBT7
1320
U.S. Treasury
05/28/2021
500,000.00
464,570.00
499,525.00
0.750
1,768
1,338
0.770 03/31/2026
91282CBT7
1322
U.S. Treasury
06/17/2021
500,000.00
464,570.00
498,450.00
0.750
1,748
1,338
0.816 03/31/2026
9128286S4
1383
U.S. Treasury
03/23/2022
1,000,000.00
986,020.00
999,010.00
2.375
1,499
1,368
2.400 04/30/2026
91282CCF6
1321
U.S. Treasury
06/01/2021
1,000,000.00
926,520.00
997,060.00
0.750
1,825
1,399
0.810 05/31/2026
91282CCF6
1323
U.S. Treasury
06/17/2021
500,000.00
463,260.00
497,095.00
0.750
1,809
1,399
0.870 05/31/2026
91282CCP4
1335
U.S. Treasury
09/29/2021
1,000,000.00
919,450.00
983,750.00
0.625
1,766
1,460
0.970 07/31/2026
91282CCW9
1336
U.S. Treasury
09/29/2021
1,000,000.00
923,090.00
988,500.00
0.750
1,797
1,491
0.990 08/31/2026
91282CCW9
1380
U.S. Treasury
03/22/2022
500,000.00
461,545.00
466,454.17
0.750
1,623
1,491
2.350 08/31/2026
91282CDG3
1381
U.S. Treasury
03/22/2022
500,000.00
467,615.00
473,396.82
1.125
1,684
1,552
2.350 10/31/2026
912828Z78
1369
U.S. Treasury
02/10/2022
1,000,000.00
948,360.00
986,700.00
1.500
1,816
1,644
1.781 01/31/2027
91282CEF4
1391
U.S. Treasury
05/03/2022
1,000,000.00
990,590.00
976,860.00
2.500
1,793
1,703
3.010 03/31/2027
91282CEN7
1398
U.S. Treasury
06/08/2022
500,000.00
500,740.00
495,000.00
2.750
1,787
1,733
2.971 04/30/2027
912828X88
1397
U.S. Treasury
06/07/2022
1,000,000.00
983,750.00
969,687.50
2.375
1,803
1,748
3.041 05/15/2027
91282CET4
1399
U.S. Treasury
06/08/2022
500,000.00
498,320.00
491,842.18
2.625
1,818
1,764
2.980 05/31/2027
Subtotal and Average 65,213,358.27
65,750,000.00
64,443,135.00
65,213,358.27
619
470
1.616
Certificate of Deposits
89269CBX9
1148
Traditions Bank
06/08/2018
245,000.00
245,045.29
245,000.00
3.000
1,522
7
3.002 08/08/2022
12556LBA3
1219
CIT Bank NA
08/23/2019
245,000.00
244,923.70
245,000.00
1.900
1,096
22
1.902 08/23/2022
02587CFU9
1096
American Express Fed Savings B
08/29/2017
240,000.00
240,009.60
240,000.00
2.400
1,826
28
2.402 08/29/2022
85916VDC6
1201
Sterling Bank
06/28/2019
245,000.00
244,957.68
245,000.00
2.150
1,158
28
2.153 08/29/2022
01859BAA3
1095
Alliance Credit Union
10/13/2017
245,000.00
244,847.24
245,000.00
2.250
1,826
73
2.251 10/13/2022
06740KLJ4
1097
Barclays Bank
10/25/2017
240,000.00
239,856.94
240,000.00
2.300
1,826
85
2.291 10/25/2022
62384RACO
1099
Mountain America Federal CU
11/08/2017
245,000.00
244,702.73
245,000.00
2.300
1,826
99
2.301 11/08/2022
22766ACB9
1106
CrossFirst Bank
11/20/2017
245,000.00
244,597.92
245,000.00
2.200
1,824
109
2.201 11/18/2022
29367QCP1
1107
Enterprise Bank, NA
11/28/2017
245,000.00
244,521.18
245,000.00
2.150
1,826
119
2.151 11/28/2022
Run Date: 12/07/2022 - 15:29
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
a
City of La Quinta
Portfolio Management
Portfolio Details - Investments
July 31, 2022
Page 5
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Days to
Term Maturity
YTM Maturity
365 Date
Certificate of Deposits
58404DCX7
1169
Medallion Bank
12/07/2018
248,000.00
248,412.05
248,000.00
3.400
1,461
128
3.402 12/07/2022
75701LAB3
1166
Red Rocks Credit Union
12/07/2018
248,000.00
248,367.22
248,000.00
3.350
1,461
128
3.352 12/07/2022
499724AB8
1110
Knoxville TVA Credit Union
12/29/2017
245,000.00
244,235.61
245,000.00
2.400
1,826
150
2.401 12/29/2022
49228XAK6
1239
Kern FCU
12/30/2019
248,000.00
246,506.23
248,000.00
1.900
1,096
151
1.902 12/30/2022
79772FACO
1240
San Francisco FCU
12/30/2019
248,000.00
246,453.63
248,000.00
1.850
1,096
151
1.852 12/30/2022
949495AT2
1244
Wells Fargo Natl Bank West
01/29/2020
248,000.00
246,120.16
248,000.00
1.900
1,097
182
1.900 01/30/2023
81768PAF3
1254
Servisfirst Bank
02/21/2020
248,000.00
245,573.66
248,000.00
1.600
1,096
204
1.601 02/21/2023
92535LCD4
1180
Verus Bank of Commerce
02/28/2019
248,000.00
247,096.08
248,000.00
2.700
1,461
211
2.700 02/28/2023
034577AH9
1119
Aneca Federal Credit Union
03/22/2018
245,000.00
244,056.73
245,000.00
2.800
1,826
233
2.802 03/22/2023
66704MEQO
1263
Northstar Bank
03/31/2020
248,000.00
244,036.70
248,000.00
1.150
1,095
242
1.150 03/31/2023
954444BS3
1265
West Michigan Cmnty Bk
03/31/2020
248,000.00
244,036.70
248,000.00
1.150
1,095
242
1.150 03/31/2023
17312QJ26
1123
Citibank NA
04/11/2018
245,000.00
244,027.89
245,000.00
2.900
1,826
253
2.902 04/11/2023
20726ABA5
1189
Congressional Bank
04/30/2019
248,000.00
246,220.55
248,000.00
2.500
1,459
270
2.502 04/28/2023
29278TAY6
1125
EnerBank USA
04/30/2018
240,000.00
239,085.13
240,000.00
2.950
1,824
270
2.952 04/28/2023
32117BCX4
1179
First National Bank
03/05/2019
248,000.00
246,612.75
248,000.00
2.800
1,522
277
2.802 05/05/2023
725404AB3
1194
Pittsfield Cooperative Bank
06/07/2019
245,000.00
242,722.51
245,000.00
2.500
1,461
310
2.502 06/07/2023
619165JD6
1173
Morton Community
03/20/2019
248,000.00
246,148.42
248,000.00
2.750
1,553
323
2.753 06/20/2023
74934YAH4
1144
RCB Bank
06/20/2018
245,000.00
244,042.66
245,000.00
3.150
1,826
323
3.152 06/20/2023
02616AAH2
1285
American First CU
06/26/2020
248,000.00
240,724.06
248,000.00
0.350
1,095
329
0.350 06/26/2023
02772JBD1
1205
American National Bank
07/19/2019
248,000.00
244,046.93
248,000.00
2.000
1,461
352
2.001 07/19/2023
32110YLK9
1147
First National Bank of America
07/20/2018
245,000.00
243,816.29
245,000.00
3.150
1,826
353
3.152 07/20/2023
06426KAN8
1151
Bank of New England
07/31/2018
249,000.00
247,977.35
249,000.00
3.250
1,826
364
3.252 07/31/2023
75472RAD3
1218
Raymond James Bank
08/23/2019
244,000.00
239,481.52
244,000.00
1.950
1,461
387
1.951 08/23/2023
89579NCD3
1262
Triad Bank
03/30/2020
248,000.00
241,490.79
248,000.00
1.350
1,278
424
1.352 09/29/2023
57116ARV2
1155
Cache Valley BK F/K/A Marlin
10/17/2018
248,000.00
247,059.46
248,000.00
3.300
1,826
442
3.302 10/17/2023
625925AR3
1160
Municipal Trust and Savings
10/17/2018
245,000.00
243,775.11
245,000.00
3.200
1,826
442
3.202 10/17/2023
90348JEJ5
1161
UBS Bank USA
10/17/2018
245,000.00
244,218.70
245,000.00
3.350
1,826
442
3.352 10/17/2023
474067AQ8
1154
Jefferson Financial CU
10/19/2018
245,000.00
244,202.09
245,000.00
3.350
1,826
444
3.352 10/19/2023
20143PDV9
1162
Commercial Bank
11/15/2018
248,000.00
247,464.33
248,000.00
3.400
1,826
471
3.402 11/15/2023
67054NAN3
1164
Numerica Credit Union
11/28/2018
248,000.00
247,941.06
248,000.00
3.550
1,826
484
3.552 11/28/2023
48115LAD6
1396
Jovia Financial Credit Union
06/07/2022
248,000.00
244,599.17
248,000.00
2.500
548
493
2.502 12/07/2023
635573AL2
1170
National Cooperative Bank, N.A
12/21/2018
245,000.00
244,581.36
245,000.00
3.400
1,826
507
3.402 12/21/2023
066851 WJ1
1172
Bar Harbor Bank and Trust
12/31/2018
248,000.00
247,565.54
248,000.00
3.350
1,824
515
3.352 12/29/2023
89269FDP7
1415
Tradition Capital
07/20/2022
246,000.00
244,297.97
246,000.00
3.000
551
539
3.008 01/22/2024
51210SQU4
1208
Lakeside Bank
07/30/2019
248,000.00
242,745.47
248,000.00
2.000
1,644
546
2.003 01/29/2024
77579ADFO
1251
Rollstone B&T
02/12/2020
245,000.00
238,418.79
245,000.00
1.650
1,461
560
1.651 02/12/2024
Portfolio CITY
CP
Run Date: 12/07/2022 - 15:29
PM (PRF_PM2) 7.3.0
City of La Quinta
Portfolio Management
Portfolio Details - Investments
July 31, 2022
Page 6
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Term
Days to
Maturity
YTM
365
Maturity
Date
Certificate of
Deposits
66736ABP3
1181
Northwest Bank
02/13/2019
248,000.00
246,193.86
248,000.00
2.950
1,826
561
2.951
02/13/2024
949763XY7
1174
Wells Fargo
02/27/2019
248,000.00
246,344.07
248,000.00
3.000
1,826
575
3.001
02/27/2024
50625LAW3
1384
Lafayette FCU
03/30/2022
248,000.00
242,584.81
248,000.00
2.050
729
605
2.053
03/28/2024
882213AB7
1260
Texas Bank Financial
03/31/2020
245,000.00
235,887.47
245,000.00
1.100
1,458
605
1.101
03/28/2024
472382AQ3
1272
The Jefferson Bank
04/15/2020
248,000.00
239,275.92
248,000.00
1.250
1,461
623
1.251
04/15/2024
08016PDQ9
1270
Belmont Bank and Trust
04/16/2020
248,000.00
239,262.39
248,000.00
1.250
1,461
624
1.251
04/16/2024
69506YRH4
1269
Pacific Western Bank
04/16/2020
245,000.00
236,620.87
245,000.00
1.300
1,461
624
1.301
04/16/2024
56065GAG3
1188
Main Street Bank
04/26/2019
248,000.00
244,872.11
248,000.00
2.600
1,827
634
2.603
04/26/2024
33640VDD7
1231
First Service Bank
11/15/2019
248,000.00
241,039.11
248,000.00
1.700
1,643
653
1.701
05/15/2024
48128HXU7
1185
JP Morgan Chase
05/16/2019
245,000.00
244,828.73
245,000.00
3.250
1,827
654
3.254
05/16/2024
46256YAZ2
1186
Iowa State Bank
05/23/2019
245,000.00
241,119.76
245,000.00
2.400
1,827
661
2.403
05/23/2024
538036GVO
1238
Live Oak Bank
11/27/2019
248,000.00
241,352.12
248,000.00
1.800
1,644
666
1.802
05/28/2024
156634AK3
1184
Century Next Bank
05/29/2019
248,000.00
244,680.95
248,000.00
2.500
1,827
667
2.503
05/29/2024
72651LCL6
1195
Plains Commerce Bank
06/07/2019
245,000.00
241,910.72
245,000.00
2.550
1,827
676
2.553
06/07/2024
299547AQ2
1196
Evansville Teachers Credit FCU
06/12/2019
248,000.00
245,069.65
248,000.00
2.600
1,827
681
2.603
06/12/2024
524661CB9
1197
Legacy Bank
06/19/2019
248,000.00
244,118.85
248,000.00
2.400
1,827
688
2.403
06/19/2024
176688CP2
1199
Citizens State Bank
06/21/2019
248,000.00
244,108.01
248,000.00
2.400
1,827
690
2.403
06/21/2024
20416TAQ5
1202
Communitywide FCU
06/28/2019
248,000.00
243,370.12
248,000.00
2.250
1,827
697
2.253
06/28/2024
761402BY1
1203
Revere Bank
06/28/2019
247,000.00
242,642.15
247,000.00
2.300
1,827
697
2.303
06/28/2024
00257TBD7
1207
Abacus Federal Savings
07/26/2019
248,000.00
241,956.60
248,000.00
1.950
1,827
725
1.952
07/26/2024
33625CCP2
1209
First Security Bank of WA
07/30/2019
248,000.00
242,486.35
248,000.00
2.000
1,827
729
2.002
07/30/2024
710571DS6
1210
People's Bank
07/31/2019
248,000.00
242,479.02
248,000.00
2.000
1,827
730
2.002
07/31/2024
740367HP5
1213
Preferred Bank
08/16/2019
249,000.00
243,245.38
249,000.00
2.000
1,827
746
2.002
08/16/2024
33766LAJ7
1216
FirsTier Bank
08/23/2019
249,000.00
242,940.82
249,000.00
1.950
1,827
753
1.952
08/23/2024
93882861-12
1215
Washington Federal
08/23/2019
248,000.00
242,216.80
248,000.00
2.000
1,827
753
2.002
08/23/2024
336460CX6
1222
First State Bk DeQueen
08/30/2019
248,000.00
241,339.80
248,000.00
1.800
1,827
760
1.802
08/30/2024
334342CD2
1221
First Natl Bk of Syracuse
08/30/2019
249,000.00
242,567.98
249,000.00
1.850
1,827
760
1.852
08/30/2024
15118RRH2
1220
Celtic Bank
08/30/2019
248,000.00
241,593.81
248,000.00
1.850
1,827
760
1.852
08/30/2024
05580AD50
1333
BMW Bank
09/10/2021
245,000.00
232,456.10
245,000.00
0.650
1,096
771
0.651
09/10/2024
06652CHBO
1227
BankWest Inc
09/27/2019
248,000.00
240,479.23
248,000.00
1.700
1,827
788
1.702
09/27/2024
84223QAN7
1286
Southern Bancorp Bk
06/26/2020
248,000.00
233,795.90
248,000.00
0.500
1,582
816
0.500
10/25/2024
804375DL4
1235
Sauk Valley B&T Co
11/07/2019
248,000.00
240,309.51
248,000.00
1.700
1,827
829
1.702
11/07/2024
61690UNX4
1237
Morgan Stanley Bank
11/20/2019
245,000.00
238,701.41
245,000.00
1.950
1,827
842
1.952
11/20/2024
61760A3133
1236
Morgan Stanley Private Bk, NA
11/20/2019
245,000.00
238,426.27
245,000.00
1.900
1,827
842
1.902
11/20/2024
064520BG3
1287
Bank Princeton
06/30/2020
248,000.00
233,125.81
248,000.00
0.500
1,644
882
0.500
12/30/2024
89388CEYO
1328
Transportation Alliance Bk TAB
07/23/2021
248,000.00
232,025.02
248,000.00
0.400
1,280
906
0.401
01/23/2025
Portfolio CITY
CP
Run Date: 12/07/2022 - 15:29
PM (PRF_PM2) 7.3.0
City of La Quinta
Portfolio Management
Portfolio Details - Investments
July 31, 2022
Page 7
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Term
Days to
Maturity
YTM
365
Maturity
Date
Certificate of
Deposits
06417NZO9
1329
Bank OZK
07/29/2021
248,000.00
232,034.92
248,000.00
0.400
1,280
912
0.401
01/29/2025
90983WBT7
1249
United Community
02/07/2020
248,000.00
239,528.86
248,000.00
1.650
1,827
921
1.652
02/07/2025
32114VBT3
1250
First National Bank Michigan
02/14/2020
248,000.00
239,467.11
248,000.00
1.650
1,827
928
1.652
02/14/2025
35637RDC8
1248
Freedom Financial
02/14/2020
248,000.00
238,851.05
248,000.00
1.550
1,827
928
1.552
02/14/2025
029728BC5
1255
American State
02/21/2020
248,000.00
239,095.27
248,000.00
1.600
1,827
935
1.602
02/21/2025
17286TAGO
1252
Citadel FCU
02/27/2020
248,000.00
239,352.88
248,000.00
1.650
1,827
941
1.652
02/27/2025
00435JBH5
1256
Access Bank
03/13/2020
248,000.00
239,030.87
248,000.00
1.600
1,826
955
1.601
03/13/2025
849430BF9
1257
Spring Bank
03/20/2020
248,000.00
238,330.18
248,000.00
1.500
1,826
962
1.501
03/20/2025
05465DAE8
1258
Axos Bank
03/26/2020
248,000.00
239,235.07
248,000.00
1.650
1,826
968
1.651
03/26/2025
020080BX4
1267
Alma Bank
03/30/2020
248,000.00
237,610.54
248,000.00
1.400
1,824
970
1.399
03/28/2025
2027506M2
1268
Commonwealth Business Bk
03/31/2020
248,000.00
236,851.75
248,000.00
1.250
1,826
973
1.251
03/31/2025
654062JZ2
1266
Nicolet Natl Bank
03/31/2020
248,000.00
237,819.47
248,000.00
1.400
1,826
973
1.401
03/31/2025
14042TDD6
1271
Capital One USA FDIC33954
04/08/2020
245,000.00
236,072.55
245,000.00
1.600
1,826
981
1.601
04/08/2025
02007GPX5
1388
Ally Bank Midvale
04/21/2022
245,000.00
242,097.63
245,000.00
2.550
1,096
994
2.550
04/21/2025
52168UHY1
1389
Leader Bank
04/22/2022
245,000.00
242,094.83
245,000.00
2.550
1,096
995
2.552
04/22/2025
32112UDR9
1274
First Natl Bk McGregor
04/28/2020
248,000.00
237,084.92
248,000.00
1.350
1,826
1,001
1.351
04/28/2025
32027BALl
1273
First Freedom Bank
04/29/2020
249,000.00
237,154.79
249,000.00
1.200
1,826
1,002
1.201
04/29/2025
33847E3A3
1276
Flagstar
04/30/2020
248,000.00
236,704.06
248,000.00
1.250
1,826
1,003
1.251
04/30/2025
32056GDJ6
1278
1st Internet Bank
05/11/2020
248,000.00
234,712.29
248,000.00
1.000
1,827
1,015
0.985
05/12/2025
95960NKD8
1277
Western State Bank
05/13/2020
245,000.00
231,930.62
245,000.00
1.000
1,826
1,016
1.001
05/13/2025
254673E69
1392
Discover Bank Greenwood DE CF
05/24/2022
245,000.00
245,803.23
245,000.00
3.100
1,099
1,030
3.103
05/27/2025
169894AS1
1284
Chippewa Valley Bk
06/24/2020
248,000.00
231,507.89
248,000.00
0.600
1,826
1,058
0.600
06/24/2025
307811DF3
1363
Farmers & Merch
01/14/2022
249,000.00
234,418.07
249,000.00
0.900
1,277
1,078
0.900
07/14/2025
70962LAF9
1331
Pentagon FCU
09/01/2021
249,000.00
232,504.96
249,000.00
0.700
1,462
1,128
0.687
09/02/2025
51507LCC6
1305
Landmark Community Bank
01/22/2021
248,000.00
228,322.49
248,000.00
0.500
1,826
1,270
0.500
01/22/2026
87270LDL4
1306
TIAA FKA EverBank
02/12/2021
245,000.00
225,461.72
245,000.00
0.500
1,826
1,291
0.500
02/12/2026
64034KAZ4
1376
Nelnet Bank
03/02/2022
245,000.00
236,248.26
245,000.00
1.800
1,461
1,309
1.801
03/02/2026
39573LBC1
1313
Greenstate FCU
04/16/2021
249,000.00
232,307.52
249,000.00
0.950
1,826
1,354
0.951
04/16/2026
89235MKY6
1314
Toyota Financial Savings Bank
04/22/2021
245,000.00
228,154.88
245,000.00
0.900
1,826
1,360
0.900
04/22/2026
14622LAAO
1316
Carter FCU
04/27/2021
248,000.00
229,462.00
248,000.00
0.750
1,826
1,365
0.750
04/27/2026
31617CAV5
1317
Fidelity Homestead
04/30/2021
248,000.00
229,182.32
248,000.00
0.700
1,826
1,368
0.711
04/30/2026
501798RP9
1356
LCA Bank Corp
12/27/2021
248,000.00
231,320.85
248,000.00
1.000
1,642
1,425
1.000
06/26/2026
92559TAJ7
1325
Vibrant Credit Union
07/02/2021
249,000.00
230,463.76
248,377.50
0.800
1,824
1,429
0.852
06/30/2026
38149MXK4
1326
Goldman Sachs
07/28/2021
248,000.00
231,081.29
248,000.00
1.000
1,826
1,457
1.001
07/28/2026
795451AFO
1327
Sallie Mae Bank Salt Lake City
07/28/2021
248,000.00
231,081.29
248,000.00
1.000
1,826
1,457
1.001
07/28/2026
87165ET98
1332
Synchrony Bank Retail
09/03/2021
245,000.00
227,090.86
245,000.00
0.900
1,826
1,494
0.900
09/03/2026
Portfolio CITY
CP
Run Date: 12/07/2022 - 15:29
PM (PRF_PM2) 7.3.0
N
City of La Quinta
Portfolio Management
Portfolio Details - Investments
July 31, 2022
Page 8
Average
Purchase
Stated
Days to
YTM
Maturity
CUSIP
Investment # Issuer
Balance
Date
Par Value
Market Value
Book Value
Rate
Term
Maturity
365
Date
Certificate
of Deposits
20786ADL6
1334
Connect One
09/24/2021
248,000.00
228,549.66
248,000.00
0.800
1,826
1,515
0.800
09/24/2026
59013KPNO
1345
Merrick Bank
11/09/2021
249,000.00
232,086.05
249,000.00
1.100
1,826
1,561
1.101
11/09/2026
14042RQBO
1346
Capital One Natl Assn FDIC4297
11/17/2021
248,000.00
231,157.47
248,000.00
1.100
1,826
1,569
1.101
11/17/2026
20825WAR1
1357
Connexus CU
12/23/2021
249,000.00
233,267.39
249,000.00
1.250
1,826
1,605
1.250
12/23/2026
89786MAF1
1368
True Sky FCU
02/04/2022
245,000.00
233,009.26
245,000.00
1.600
1,826
1,648
1.601
02/04/2027
02357QAQO
1372
Amerant Bank
02/14/2022
245,000.00
232,925.43
245,000.00
1.600
1,828
1,660
1.601
02/16/2027
07371AYE7
1370
Beal Bank TX
02/23/2022
245,000.00
236,088.44
245,000.00
1.900
1,820
1,661
1.901
02/17/2027
073710E88
1371
Beal Bank USA
02/23/2022
245,000.00
236,088.44
245,000.00
1.900
1,820
1,661
1.901
02/17/2027
59161YAP1
1373
Metro Credit Union
02/18/2022
249,000.00
237,731.26
249,000.00
1.700
1,826
1,662
1.701
02/18/2027
24773RCR4
1377
Delta Natl B&T
03/09/2022
245,000.00
237,108.57
245,000.00
2.000
1,814
1,669
2.001
02/25/2027
27004PCM3
1375
Eaglemark Savings
03/02/2022
245,000.00
237,147.48
245,000.00
2.000
1,826
1,674
2.001
03/02/2027
91139LAB2
1378
United Roosevelt Savings
03/11/2022
248,000.00
238,885.40
248,000.00
1.900
1,826
1,683
1.901
03/11/2027
565819AG4
1379
Marathon Bnak
03/16/2022
248,000.00
237,768.13
248,000.00
1.800
1,826
1,688
1.801
03/16/2027
20033A3A2
1386
Comenity Capital Bank
04/14/2022
248,000.00
247,100.85
248,000.00
2.650
1,826
1,717
2.652
04/14/2027
397417AQ9
1419
Greenwoods State Bank
05/17/2022
248,000.00
251,682.61
248,000.00
3.050
1,826
1,750
3.052
05/17/2027
Subtotal and Average
32,442,603.31
32,594,000.00
31,687,117.92
32,593,377.50
1,656
784
1.917
Corporate
Notes
931142DU4
1190
Wal-Mart Stores, Inc
04/16/2019
500,000.00
500,865.00
496,650.00
2.350
1,339
136
2.799
12/15/2022
19416QEA4
1175
Colgate-Palmolive
03/04/2019
500,000.00
496,870.00
485,250.00
1.950
1,430
184
2.751
02/01/2023
594918BQ6
1157
Microsoft Corporation
10/15/2018
400,000.00
396,748.00
378,360.00
2.000
1,758
372
3.222
08/08/2023
45950VPS9
1308
International Finance Corp.
02/26/2021
500,000.00
460,750.00
497,300.00
0.500
1,826
1,305
0.610
02/26/2026
Subtotal and Average
1,857,560.00
1,900,000.00
1,855,233.00
1,857,560.00
1,578
510
2.287
Money Market with Fiscal
Agent
SYS1058
1058
US Bank
07/01/2016
26.01
26.01
26.01
1
1
0.000
Subtotal and Average
26.01
26.01
26.01
26.01
1
1
0.000
CERBT - OPEB
Trust
SYS1114
1114
CalPERS CERBT Plan
07/01/2022
1,792,152.96
1,792,152.96
1,792,152.96
1
1
0.000
Subtotal and Average
1,792,152.96
1,792,152.96
1,792,152.96
1,792,152.96
1
1
0.000
PARS Pension Trust
SYS1230
1230
Pblc Agncy Rtrmnt Sery
10,510,266.30
10,510,266.30
10,510,266.30
1
1
0.000
Run Date: 12/07/2022 - 15:29
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
City of La Quinta
Portfolio Management
Portfolio Details - Investments
July 31, 2022
Page 9
Average Purchase Stated Daysto YTM
CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365
Subtotal and Average 10,149,899.86 10,510,266.30 10,510,266.30 10,510,266.30 1 1 0.000
Total and Average 223,372,590.83
Run Date: 12/07/2022 - 15:29
226,582,320.63 221,858,690.86 225,786,770.30
707 439 1.380
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
t(V Qa I tr(lu
City of La Quinta
Total Earnings
GEM ofrheDESERT - Sorted by Fund - Fund
July 1, 2022 - July 31, 2022
City of La Quinta
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
98-33-434
1055
101
LAIF
32,728,722.48
32,615,832.06
32,728,722.48
1.090
1.353
37,476.97
0.00
0.00
37,476.97
SYS1059
1059
101
CITYPC
3,300.00
3,300.00
3,300.00
0.00
0.00
0.00
0.00
01859BAA3
1095
101
ALLIAN
245,000.00
245,000.00
245,000.00
2.250
2.250
468.18
0.00
0.00
468.18
02587CFU9
1096
101
AMFSB
240,000.00
240,000.00
240,000.00
2.400
2.400
489.21
0.00
0.00
489.21
06740KLJ4
1097
101
BARCLY
240,000.00
240,000.00
240,000.00
2.300
2.300
468.82
0.00
0.00
468.82
62384RACO
1099
101
MTNAMR
245,000.00
245,000.00
245,000.00
2.300
2.300
478.59
0.00
0.00
478.59
22766ACB9
1106
101
CRS1ST
245,000.00
245,000.00
245,000.00
2.200
2.200
457.78
0.00
0.00
457.78
29367QCP1
1107
101
ENTRPR
245,000.00
245,000.00
245,000.00
2.150
2.150
447.38
0.00
0.00
447.38
499724AB8
1110
101
KNOX
245,000.00
245,000.00
245,000.00
2.400
2.400
499.40
0.00
0.00
499.40
SYS1114
1114
101
CALPRS
1,792,152.96
0.00
1,792,152.96
0.00
0.00
0.00
0.00
034577AH9
1119
101
ANECA
245,000.00
245,000.00
245,000.00
2.800
2.800
582.63
0.00
0.00
582.63
17312QJ26
1123
101
CITINA
245,000.00
245,000.00
245,000.00
2.900
2.900
603.44
0.00
0.00
603.44
29278TAY6
1125
101
ENER
240,000.00
240,000.00
240,000.00
2.950
2.950
601.32
0.00
0.00
601.32
74934YAH4
1144
101
RCB
245,000.00
245,000.00
245,000.00
3.150
3.150
655.46
0.00
0.00
655.46
32110YLK9
1147
101
1STNBA
245,000.00
245,000.00
245,000.00
3.150
3.150
655.46
0.00
0.00
655.46
89269CBX9
1148
101
TRAD
245,000.00
245,000.00
245,000.00
3.000
3.000
624.25
0.00
0.00
624.25
06426KAN8
1151
101
NWENGL
249,000.00
249,000.00
249,000.00
3.250
3.250
687.31
0.00
0.00
687.31
SYS1153
1153
101
CAMP
32,915,647.76
27,875,713.70
32,915,647.76
1.640
1.687
39,934.06
0.00
0.00
39,934.06
474067AQ8
1154
101
JEFF
245,000.00
245,000.00
245,000.00
3.350
3.350
697.07
0.00
0.00
697.07
57116ARV2
1155
101
MARBUS
248,000.00
248,000.00
248,000.00
3.300
3.300
695.08
0.00
0.00
695.08
594918BQ6
1157
101
MCRSFT
400,000.00
378,360.00
378,360.00
2.000
2.075
666.66
0.00
0.00
666.66
3133EJYL7
1158
101
FFCB
250,000.00
247,275.00
247,275.00
2.800
2.778
583.33
0.00
0.00
583.33
625925AR3
1160
101
MUNTRS
245,000.00
245,000.00
245,000.00
3.200
3.200
665.86
0.00
0.00
665.86
90348JEJ5
1161
101
UBS
245,000.00
245,000.00
245,000.00
3.350
3.350
697.08
0.00
0.00
697.08
20143PDV9
1162
101
COMMBK
248,000.00
248,000.00
248,000.00
3.400
3.400
716.14
0.00
0.00
716.14
67054NAN3
1164
101
NMRCA
248,000.00
248,000.00
248,000.00
3.550
3.550
747.74
0.00
0.00
747.74
75701LAB3
1166
101
REDRCK
248,000.00
248,000.00
248,000.00
3.350
3.350
705.61
0.00
0.00
705.61
58404DCX7
1169
101
MEDBA
248,000.00
248,000.00
248,000.00
3.400
3.400
716.14
0.00
0.00
716.14
635573AL2
1170
101
NLCOOP
245,000.00
245,000.00
245,000.00
3.400
3.400
707.48
0.00
0.00
707.48
Run Date: 12/07/2022 - 22:05
Portfolio CITY
CP
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
City of La Quinta
Total Earnings Page 2
July 1, 2022 - July 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
066851WJ1
1172
101
BARHAR
248,000.00
248,000.00
248,000.00
3.350
3.350
705.61
0.00
0.00
705.61
619165JD6
1173
101
MORTN
248,000.00
248,000.00
248,000.00
2.750
2.750
579.23
0.00
0.00
579.23
949763XY7
1174
101
WELLS
248,000.00
248,000.00
248,000.00
3.000
3.000
631.89
0.00
0.00
631.89
19416QEA4
1175
101
COLGTE
500,000.00
485,250.00
485,250.00
1.950
1.971
812.50
0.00
0.00
812.50
3130AFW94
1177
101
FHLB
500,000.00
498,550.00
498,550.00
2.500
2.460
1,041.66
0.00
0.00
1,041.66
9128282W9
1178
101
USTR
500,000.00
489,687.50
489,687.50
1.875
1.909
794.05
0.00
0.00
794.05
32117BCX4
1179
101
1STNBK
248,000.00
248,000.00
248,000.00
2.800
2.800
589.76
0.00
0.00
589.76
92535LCD4
1180
101
VERUS
248,000.00
248,000.00
248,000.00
2.700
2.700
568.71
0.00
0.00
568.71
66736ABP3
1181
101
NRTHWS
248,000.00
248,000.00
248,000.00
2.950
2.950
621.36
0.00
0.00
621.36
156634AK3
1184
101
CENTNX
248,000.00
248,000.00
248,000.00
2.500
2.500
526.57
0.00
0.00
526.57
48128HXU7
1185
101
JPMORG
245,000.00
245,000.00
245,000.00
3.250
3.250
676.27
0.00
0.00
676.27
46256YAZ2
1186
101
IOWAST
245,000.00
245,000.00
245,000.00
2.400
2.400
499.40
0.00
0.00
499.40
56065GAG3
1188
101
MAINST
248,000.00
248,000.00
248,000.00
2.600
2.600
547.64
0.00
0.00
547.64
20726ABA5
1189
101
CONGRS
248,000.00
248,000.00
248,000.00
2.500
2.500
526.58
0.00
0.00
526.58
931142DU4
1190
101
WALMRT
500,000.00
496,650.00
496,650.00
2.350
2.321
979.17
0.00
0.00
979.17
725404AB3
1194
101
PITTS
245,000.00
245,000.00
245,000.00
2.500
2.500
520.21
0.00
0.00
520.21
72651LCL6
1195
101
PLAINS
245,000.00
245,000.00
245,000.00
2.550
2.550
530.61
0.00
0.00
530.61
299547AQ2
1196
101
EVNSCU
248,000.00
248,000.00
248,000.00
2.600
2.600
547.64
0.00
0.00
547.64
524661CB9
1197
101
LEGCY
248,000.00
248,000.00
248,000.00
2.400
2.400
505.51
0.00
0.00
505.51
3133EKQP4
1198
101
FFCB
500,000.00
499,500.00
499,500.00
1.875
1.842
781.25
0.00
0.00
781.25
176688CP2
1199
101
CTZNST
248,000.00
248,000.00
248,000.00
2.400
2.400
505.52
0.00
0.00
505.52
85916VDC6
1201
101
STRLNG
245,000.00
245,000.00
245,000.00
2.150
2.150
447.38
0.00
0.00
447.38
20416TAQ5
1202
101
COMMW
248,000.00
248,000.00
248,000.00
2.250
2.250
473.92
0.00
0.00
473.92
761402BY1
1203
101
REVER
247,000.00
247,000.00
247,000.00
2.300
2.300
482.50
0.00
0.00
482.50
02772JBD1
1205
101
AMRNTL
248,000.00
248,000.00
248,000.00
2.000
2.000
421.26
0.00
0.00
421.26
3135GOV75
1206
101
FNMA
500,000.00
495,950.00
495,950.00
1.750
1.731
729.17
0.00
0.00
729.17
00257TBD7
1207
101
ABACUS
248,000.00
248,000.00
248,000.00
1.950
1.950
410.73
0.00
0.00
410.73
51210SQU4
1208
101
LKSIDE
248,000.00
248,000.00
248,000.00
2.000
2.000
421.26
0.00
0.00
421.26
33625CCP2
1209
101
1STSEC
248,000.00
248,000.00
248,000.00
2.000
2.000
421.26
0.00
0.00
421.26
710571DS6
1210
101
PEOPLE
248,000.00
248,000.00
248,000.00
2.000
2.000
421.26
0.00
0.00
421.26
3133EKWV4
1212
101
FFCB
500,000.00
499,500.00
499,500.00
1.850
1.817
770.83
0.00
0.00
770.83
740367HP5
1213
101
PREFRD
249,000.00
249,000.00
249,000.00
2.000
2.000
422.96
0.00
0.00
422.96
938828BH2
1215
101
WSHFED
248,000.00
248,000.00
248,000.00
2.000
2.000
421.26
0.00
0.00
421.26
33766LAJ7
1216
101
1STIER
249,000.00
249,000.00
249,000.00
1.950
1.950
412.38
0.00
0.00
412.38
912828T26
1217
101
USTR
500,000.00
499,300.00
499,300.00
1.375
1.373
582.31
0.00
0.00
582.31
75472RAD3
1218
101
RAYJAM
244,000.00
244,000.00
244,000.00
1.950
1.950
404.11
0.00
0.00
404.11
12556LBA3
1219
101
CITBNK
245,000.00
245,000.00
245,000.00
1.900
1.900
395.35
0.00
0.00
395.35
Run Date: 12/07/2022 - 22:05
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
City of La Quinta
Total Earnings Page 3
July 1, 2022 - July 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
15118RRH2
1220
101
CELTIC
248,000.00
248,000.00
248,000.00
1.850
1.850
389.67
0.00
0.00
389.67
334342CD2
1221
101
1STNBS
249,000.00
249,000.00
249,000.00
1.850
1.850
391.24
0.00
0.00
391.24
336460CX6
1222
101
1STDQN
248,000.00
248,000.00
248,000.00
1.800
1.800
379.13
0.00
0.00
379.13
3133EKZK5
1223
101
FFCB
500,000.00
499,400.00
499,400.00
1.600
1.572
666.67
0.00
0.00
666.67
3133EKP75
1224
101
FFCB
500,000.00
498,750.00
498,750.00
1.600
1.574
666.67
0.00
0.00
666.67
06652CHBO
1227
101
BNKWST
248,000.00
248,000.00
248,000.00
1.700
1.700
358.07
0.00
0.00
358.07
059731851
1228
101
BOTW
3,264,587.10
7,618,166.47
3,264,587.10
0.01
0.00
0.00
0.01
SYS1230
1230
101
PARS
10,510,266.30
10,137,887.65
10,510,266.30
0.00
0.00
0.00
0.00
33640VDD7
1231
101
1STSER
248,000.00
248,000.00
248,000.00
1.700
1.700
358.07
0.00
0.00
358.07
3135GOW33
1233
101
FNMA
1,000,000.00
992,100.00
992,100.00
1.375
1.360
1,145.83
0.00
0.00
1,145.83
3133EK4X1
1234
101
FFCB
1,000,000.00
996,900.00
996,900.00
1.600
1.575
1,333.33
0.00
0.00
1,333.33
804375DL4
1235
101
SAUKVL
248,000.00
248,000.00
248,000.00
1.700
1.700
358.07
0.00
0.00
358.07
6176OA3133
1236
101
MSPRIV
245,000.00
245,000.00
245,000.00
1.900
1.900
395.36
0.00
0.00
395.36
6169OUNX4
1237
101
MORGST
245,000.00
245,000.00
245,000.00
1.950
1.950
405.76
0.00
0.00
405.76
538036GVO
1238
101
LIVEOK
248,000.00
248,000.00
248,000.00
1.800
1.800
379.13
0.00
0.00
379.13
49228XAK6
1239
101
KERNCU
248,000.00
248,000.00
248,000.00
1.900
1.900
400.20
0.00
0.00
400.20
79772FACO
1240
101
SF FCU
248,000.00
248,000.00
248,000.00
1.850
1.850
389.67
0.00
0.00
389.67
912828YV6
1241
101
USTR
1,000,000.00
989,687.50
989,687.50
1.500
1.511
1,270.49
0.00
0.00
1,270.49
3133ELEA8
1242
101
FFCB
1,000,000.00
998,600.00
998,600.00
1.700
1.670
1,416.67
0.00
0.00
1,416.67
949495AT2
1244
101
WFNBW
248,000.00
248,000.00
248,000.00
1.900
1.900
400.20
0.00
0.00
400.20
3133ELNEO
1246
101
FFCB
1,000,000.00
999,000.00
999,000.00
1.430
1.404
1,191.67
0.00
0.00
1,191.67
3133EGWJO
1247
101
FFCB
1,000,000.00
999,217.36
999,217.36
1.400
1.375
1,166.66
0.00
0.00
1,166.66
35637RDC8
1248
101
FRDMFI
248,000.00
248,000.00
248,000.00
1.550
1.550
326.48
0.00
0.00
326.48
90983WBT7
1249
101
UNTDCM
248,000.00
248,000.00
248,000.00
1.650
1.650
347.54
0.00
0.00
347.54
32114VBT3
1250
101
1STNM1
248,000.00
248,000.00
248,000.00
1.650
1.650
347.54
0.00
0.00
347.54
77579ADFO
1251
101
RLLSTN
245,000.00
245,000.00
245,000.00
1.650
1.650
343.34
0.00
0.00
343.34
17286TAGO
1252
101
CITADL
248,000.00
248,000.00
248,000.00
1.650
1.650
347.54
0.00
0.00
347.54
81768PAF3
1254
101
SERVIS
248,000.00
248,000.00
248,000.00
1.600
1.600
337.01
0.00
0.00
337.01
029728BC5
1255
101
AMERST
248,000.00
248,000.00
248,000.00
1.600
1.600
337.01
0.00
0.00
337.01
00435JBH5
1256
101
ACCSS
248,000.00
248,000.00
248,000.00
1.600
1.600
337.01
0.00
0.00
337.01
849430BF9
1257
101
SPRING
248,000.00
248,000.00
248,000.00
1.500
1.500
315.94
0.00
0.00
315.94
05465DAE8
1258
101
AXOS
248,000.00
248,000.00
248,000.00
1.650
1.650
347.54
0.00
0.00
347.54
882213AB7
1260
101
TEXAS
245,000.00
245,000.00
245,000.00
1.100
1.100
228.89
0.00
0.00
228.89
89579NCD3
1262
101
TRIAD
248,000.00
248,000.00
248,000.00
1.350
1.350
284.35
0.00
0.00
284.35
66704MEQO
1263
101
NRTHSR
248,000.00
248,000.00
248,000.00
1.150
1.150
242.22
0.00
0.00
242.22
954444BS3
1265
101
WESTMI
248,000.00
248,000.00
248,000.00
1.150
1.150
242.22
0.00
0.00
242.22
654062JZ2
1266
101
NCOLET
248,000.00
248,000.00
248,000.00
1.400
1.400
294.88
0.00
0.00
294.88
Run Date: 12/07/2022 - 22:05
Portfolio CITY
CP
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
M
City of La Quinta
Total Earnings Page 4
July 1, 2022 - July 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
020080BX4
1267
101
ALMABK
248,000.00
248,000.00
248,000.00
1.400
1.400
294.88
0.00
0.00
294.88
2027506M2
1268
101
CMWBUS
248,000.00
248,000.00
248,000.00
1.250
1.250
263.29
0.00
0.00
263.29
69506YRH4
1269
101
PACWST
245,000.00
245,000.00
245,000.00
1.300
1.300
270.50
0.00
0.00
270.50
08016PDQ9
1270
101
BELB&T
248,000.00
248,000.00
248,000.00
1.250
1.250
263.29
0.00
0.00
263.29
14042TDD6
1271
101
CAPONE
245,000.00
245,000.00
245,000.00
1.600
1.600
332.93
0.00
0.00
332.93
472382AQ3
1272
101
THEJEF
248,000.00
248,000.00
248,000.00
1.250
1.250
263.28
0.00
0.00
263.28
32027BALl
1273
101
1STFDM
249,000.00
249,000.00
249,000.00
1.200
1.200
253.77
0.00
0.00
253.77
32112UDR9
1274
101
1STMCG
248,000.00
248,000.00
248,000.00
1.350
1.350
284.35
0.00
0.00
284.35
33847E3A3
1276
101
FLGSTR
248,000.00
248,000.00
248,000.00
1.250
1.250
263.28
0.00
0.00
263.28
95960NKD8
1277
101
WSTRNS
245,000.00
245,000.00
245,000.00
1.000
1.000
208.09
0.00
0.00
208.09
32056GDJ6
1278
101
1STINT
248,000.00
248,000.00
248,000.00
1.000
1.000
210.63
0.00
0.00
210.63
3134GVYG7
1279
101
FHLMC
1,000,000.00
1,000,000.00
1,000,000.00
0.625
0.613
520.83
0.00
0.00
520.83
3133ELH23
1280
101
FFCB
500,000.00
499,850.00
499,850.00
0.500
0.491
208.33
0.00
0.00
208.33
3130AJKW8
1281
101
FHLB
500,000.00
499,850.00
499,850.00
0.500
0.491
208.33
0.00
0.00
208.33
3133ELH80
1282
101
FFCB
500,000.00
500,000.00
500,000.00
0.680
0.667
283.34
0.00
0.00
283.34
3130AJRP6
1283
101
FHLB
300,000.00
300,000.00
300,000.00
0.680
0.667
170.00
0.00
0.00
170.00
169894AS1
1284
101
CHIPVA
248,000.00
248,000.00
248,000.00
0.600
0.600
126.38
0.00
0.00
126.38
02616AAH2
1285
101
AMR1ST
248,000.00
248,000.00
248,000.00
0.350
0.350
73.72
0.00
0.00
73.72
84223QAN7
1286
101
STHRNB
248,000.00
248,000.00
248,000.00
0.500
0.500
105.32
0.00
0.00
105.32
064520BG3
1287
101
BKPRNC
248,000.00
248,000.00
248,000.00
0.500
0.500
105.32
0.00
0.00
105.32
3135G05S8
1288
101
FNMA
500,000.00
500,000.00
500,000.00
0.500
0.491
208.33
0.00
0.00
208.33
3136G4N74
1289
101
FNMA
1,000,000.00
1,000,000.00
1,000,000.00
0.560
0.549
466.67
0.00
0.00
466.67
3136G4M75
1290
101
FNMA
500,000.00
499,750.00
499,750.00
0.520
0.510
216.66
0.00
0.00
216.66
3135G06E8
1291
101
FNMA
500,000.00
499,250.00
499,250.00
0.420
0.413
175.00
0.00
0.00
175.00
3135GA2Z3
1292
101
FNMA
500,000.00
499,250.00
499,250.00
0.560
0.550
233.34
0.00
0.00
233.34
SYS1293
1293
101
BNY
2,337,762.00
530,216.68
2,337,762.00
0.00
0.00
0.00
0.00
3137EAEU9
1297
101
FHLMC
1,000,000.00
997,300.00
997,300.00
0.375
0.369
312.50
0.00
0.00
312.50
3130AKFA9
1298
101
FHLB
500,000.00
497,400.00
497,400.00
0.375
0.370
156.25
0.00
0.00
156.25
3135GA7D7
1299
101
FNMA
500,000.00
500,000.00
500,000.00
0.600
0.589
250.00
0.00
0.00
250.00
3135GAAW1
1300
101
FNMA
500,000.00
500,000.00
500,000.00
0.400
0.392
166.66
0.00
0.00
166.66
3134GXGZ1
1301
101
FHLMC
500,000.00
500,000.00
500,000.00
0.550
0.540
229.17
0.00
0.00
229.17
3130AKMZ6
1302
101
FHLB
500,000.00
500,000.00
500,000.00
0.510
0.500
212.50
0.00
0.00
212.50
91282CBC4
1303
101
USTR
500,000.00
498,632.81
498,632.81
0.375
0.373
157.94
0.00
0.00
157.94
3130AKN28
1304
101
FHLB
500,000.00
500,000.00
500,000.00
0.550
0.540
229.17
0.00
0.00
229.17
51507LCC6
1305
101
LNDMRK
248,000.00
248,000.00
248,000.00
0.500
0.500
105.32
0.00
0.00
105.32
87270LDL4
1306
101
EVRBA
245,000.00
245,000.00
245,000.00
0.500
0.500
104.04
0.00
0.00
104.04
3137EAEX3
1307
101
FHLMC
500,000.00
495,999.50
495,999.50
0.375
0.371
156.25
0.00
0.00
156.25
Run Date: 12/07/2022 - 22:05
Portfolio CITY
CP
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
City of La Quinta
Total Earnings Page 5
July 1, 2022 - July 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
45950VPS9
1308
101
IFC
500,000.00
497,300.00
497,300.00
0.500
0.507
214.09
0.00
0.00
214.09
91282CBH3
1309
101
USTR
500,000.00
495,100.00
495,100.00
0.375
0.382
160.49
0.00
0.00
160.49
3137EAEX3
1310
101
FHLMC
1,000,000.00
983,940.00
983,940.00
0.375
0.374
312.50
0.00
0.00
312.50
91282CAT8
1311
101
USTR
1,000,000.00
977,500.00
977,500.00
0.250
0.254
210.59
0.00
0.00
210.59
3130ALV92
1312
101
FHLB
500,000.00
500,000.00
500,000.00
1.050
1.030
437.50
0.00
0.00
437.50
39573LBC1
1313
101
GRNST
249,000.00
249,000.00
249,000.00
0.950
0.950
200.91
0.00
0.00
200.91
89235MKY6
1314
101
TOYFSB
245,000.00
245,000.00
245,000.00
0.900
0.900
187.27
0.00
0.00
187.27
91282CAZ4
1315
101
USTR
500,000.00
492,187.50
492,187.50
0.375
0.380
158.81
0.00
0.00
158.81
14622LAA0
1316
101
CARTER
248,000.00
248,000.00
248,000.00
0.750
0.750
157.97
0.00
0.00
157.97
31617CAV5
1317
101
FIDHMS
248,000.00
248,000.00
248,000.00
0.700
0.700
147.44
0.00
0.00
147.44
SYS1318
1318
101
DPME
613,712.88
597,351.67
613,712.88
0.00
0.00
0.00
0.00
91282CBQ3
1319
101
USTR
500,000.00
494,165.00
494,165.00
0.500
0.502
210.60
0.00
0.00
210.60
91282CBT7
1320
101
USTR
500,000.00
499,525.00
499,525.00
0.750
0.749
317.63
0.00
0.00
317.63
91282CCF6
1321
101
USTR
1,000,000.00
997,060.00
997,060.00
0.750
0.750
635.24
0.00
0.00
635.24
91282CBT7
1322
101
USTR
500,000.00
498,450.00
498,450.00
0.750
0.750
317.63
0.00
0.00
317.63
91282CCF6
1323
101
USTR
500,000.00
497,095.00
497,095.00
0.750
0.752
317.63
0.00
0.00
317.63
3130AMFS6
1324
101
FHLB
1,000,000.00
993,420.00
993,420.00
0.750
0.741
625.00
0.00
0.00
625.00
92559TAJ7
1325
101
VIBRNT
249,000.00
248,377.50
248,377.50
0.800
0.802
169.18
0.00
0.00
169.18
38149MXK4
1326
101
GLDMAN
248,000.00
248,000.00
248,000.00
1.000
1.000
210.63
0.00
0.00
210.63
795451AFO
1327
101
SALMAE
248,000.00
248,000.00
248,000.00
1.000
1.000
210.63
0.00
0.00
210.63
89388CEY0
1328
101
TABBK
248,000.00
248,000.00
248,000.00
0.400
0.400
84.25
0.00
0.00
84.25
06417NZQ9
1329
101
BKOZK
248,000.00
248,000.00
248,000.00
0.400
0.400
84.25
0.00
0.00
84.25
3133EM2C5
1330
101
FFCB
500,000.00
498,000.00
498,000.00
0.710
0.699
295.83
0.00
0.00
295.83
70962LAF9
1331
101
PENTGN
249,000.00
249,000.00
249,000.00
0.700
0.700
148.04
0.00
0.00
148.04
87165ET98
1332
101
SYNCHR
245,000.00
245,000.00
245,000.00
0.900
0.900
187.27
0.00
0.00
187.27
05580AD50
1333
101
BMW
245,000.00
245,000.00
245,000.00
0.650
0.650
135.25
0.00
0.00
135.25
20786ADL6
1334
101
CONNEC
248,000.00
248,000.00
248,000.00
0.800
0.800
168.51
0.00
0.00
168.51
91282CCP4
1335
101
USTR
1,000,000.00
983,750.00
983,750.00
0.625
0.640
534.94
0.00
0.00
534.94
91282CCW9
1336
101
USTR
1,000,000.00
988,500.00
988,500.00
0.750
0.753
631.80
0.00
0.00
631.80
3130APBM6
1337
101
FHLB
1,000,000.00
999,000.00
999,000.00
1.000
0.982
833.33
0.00
0.00
833.33
3133EM4X7
1338
101
FFCB
1,000,000.00
991,080.00
991,080.00
0.800
0.792
666.66
0.00
0.00
666.66
3130APB46
1339
101
FHLB
1,000,000.00
998,250.00
998,250.00
0.950
0.934
791.67
0.00
0.00
791.67
3133EMX64
1340
101
FFCB
500,000.00
499,002.04
499,002.04
0.170
0.167
70.83
0.00
0.00
70.83
91282CCN9
1341
101
USTR
500,000.00
497,792.97
497,792.97
0.125
0.127
53.50
0.00
0.00
53.50
91282CBE0
1342
101
USTR
1,000,000.00
991,000.00
991,000.00
0.125
0.126
106.08
0.00
0.00
106.08
91282CDB4
1343
101
USTR
1,000,000.00
996,320.00
996,320.00
0.625
0.626
529.37
0.00
0.00
529.37
3133ENCQ1
1344
101
FFCB
1,000,000.00
1,000,000.00
1,000,000.00
1.270
1.246
1,058.33
0.00
0.00
1,058.33
Run Date: 12/07/2022 - 22:05
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
91
City of La Quinta
Total Earnings Page 6
July 1, 2022 - July 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
59013KPN0
1345
101
MRRCK
249,000.00
249,000.00
249,000.00
1.100
1.100
232.63
0.00
0.00
232.63
14042RQB0
1346
101
CANNA
248,000.00
248,000.00
248,000.00
1.100
1.100
231.69
0.00
0.00
231.69
3130APTV7
1347
101
FHLB
500,000.00
499,500.00
499,500.00
0.700
0.688
291.67
0.00
0.00
291.67
3133ENBT6
1348
101
FFCB
1,000,000.00
998,530.00
998,530.00
0.180
0.177
150.00
0.00
0.00
150.00
91282CBU4
1349
101
USTR
1,000,000.00
996,718.75
996,718.75
0.125
0.125
105.87
0.00
0.00
105.87
91282CCD1
1350
101
USTR
1,000,000.00
995,468.75
995,468.75
0.125
0.125
105.88
0.00
0.00
105.88
91282CBA8
1351
101
USTR
1,000,000.00
990,000.00
990,000.00
0.125
0.126
105.88
0.00
0.00
105.88
91282CBR1
1352
101
USTR
1,000,000.00
989,800.00
989,800.00
0.250
0.251
210.59
0.00
0.00
210.59
3130AP21.18
1353
101
FHLB
1,000,000.00
987,100.00
987,100.00
0.550
0.547
458.34
0.00
0.00
458.34
3135G06G3
1354
101
FNMA
1,000,000.00
976,300.00
976,300.00
0.500
0.503
416.67
0.00
0.00
416.67
3133ENGN4
1355
101
FFCB
1,000,000.00
1,000,000.00
1,000,000.00
0.970
0.952
808.33
0.00
0.00
808.33
501798RP9
1356
101
LCA
248,000.00
248,000.00
248,000.00
1.000
1.000
210.63
0.00
0.00
210.63
20825WAR1
1357
101
CNNXS
249,000.00
249,000.00
249,000.00
1.250
1.250
264.35
0.00
0.00
264.35
3130AQF65
1358
101
FHLB
1,000,000.00
999,750.00
999,750.00
1.250
1.227
1,041.67
0.00
0.00
1,041.67
3134GW6C5
1359
101
FHLMC
500,000.00
486,000.00
486,000.00
0.800
0.808
333.33
0.00
0.00
333.33
91282CBV2
1360
101
USTR
500,000.00
494,882.81
494,882.81
0.375
0.378
158.81
0.00
0.00
158.81
3137EAEU9
1361
101
FHLMC
500,000.00
487,090.00
487,090.00
0.375
0.378
156.25
0.00
0.00
156.25
3134GW5R3
1362
101
FHLMC
400,000.00
391,360.00
391,360.00
0.650
0.652
216.67
0.00
0.00
216.67
307811DF3
1363
101
FARMER
249,000.00
249,000.00
249,000.00
0.900
0.900
190.33
0.00
0.00
190.33
3130AQJR5
1364
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
1.500
1.472
1,250.00
0.00
0.00
1,250.00
3135G031.15
1365
101
FNMA
500,000.00
487,790.00
487,790.00
0.625
0.629
260.42
0.00
0.00
260.42
3134GWUQ7
1366
101
FHLMC
1,000,000.00
945,570.00
945,570.00
0.700
0.726
583.34
0.00
0.00
583.34
3130AQSA2
1367
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
1.830
1.796
1,525.00
0.00
0.00
1,525.00
89786MAF1
1368
101
TRUSKY
245,000.00
245,000.00
245,000.00
1.600
1.600
332.93
0.00
0.00
332.93
912828Z78
1369
101
USTR
1,000,000.00
986,700.00
986,700.00
1.500
1.532
1,283.85
0.00
0.00
1,283.85
07371AYE7
1370
101
BEALTX
245,000.00
245,000.00
245,000.00
1.900
1.900
395.35
0.00
0.00
395.35
073710E88
1371
101
BEALUS
245,000.00
245,000.00
245,000.00
1.900
1.900
395.35
0.00
0.00
395.35
02357QAQ0
1372
101
AMRNT
245,000.00
245,000.00
245,000.00
1.600
1.600
332.93
0.00
0.00
332.93
59161YAP1
1373
101
METRO
249,000.00
249,000.00
249,000.00
1.700
1.700
359.52
0.00
0.00
359.52
3130AQWY5
1374
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
1.700
1.668
1,416.67
0.00
0.00
1,416.67
27004PCM3
1375
101
EGLMRK
245,000.00
245,000.00
245,000.00
2.000
2.000
416.16
0.00
0.00
416.16
64034KAZ4
1376
101
NELNET
245,000.00
245,000.00
245,000.00
1.800
1.800
374.55
0.00
0.00
374.55
24773RCR4
1377
101
DELTA
245,000.00
245,000.00
245,000.00
2.000
2.000
416.17
0.00
0.00
416.17
91139LAB2
1378
101
URSVLT
248,000.00
248,000.00
248,000.00
1.900
1.900
400.20
0.00
0.00
400.20
565819AG4
1379
101
MRTHON
248,000.00
248,000.00
248,000.00
1.800
1.800
379.13
0.00
0.00
379.13
91282CCW9
1380
101
USTR
500,000.00
466,454.17
466,454.17
0.750
0.797
315.89
0.00
0.00
315.89
91282CDG3
1381
101
USTR
500,000.00
473,396.82
473,396.82
1.125
1.179
473.85
0.00
0.00
473.85
Run Date: 12/07/2022 - 22:05
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
92
City of La Quinta
Total Earnings Page 7
July 1, 2022 - July 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
91282CBQ3
1382
101
USTR
750,000.00
698,025.00
698,025.00
0.500
0.533
315.89
0.00
0.00
315.89
9128286S4
1383
101
USTR
1,000,000.00
999,010.00
999,010.00
2.375
2.358
2,000.68
0.00
0.00
2,000.68
50625LAW3
1384
101
LFYTT
248,000.00
248,000.00
248,000.00
2.050
2.050
431.79
0.00
0.00
431.79
3130ARGJ4
1385
101
FHLB
500,000.00
500,000.00
500,000.00
2.500
2.453
1,041.67
0.00
0.00
1,041.67
20033A3A2
1386
101
CCBA
248,000.00
248,000.00
248,000.00
2.650
2.650
558.16
0.00
0.00
558.16
3130ARGY1
1387
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
2.700
2.649
2,250.00
0.00
0.00
2,250.00
02007GPX5
1388
101
ALLY
245,000.00
245,000.00
245,000.00
2.550
2.550
530.61
0.00
0.00
530.61
52168UHY1
1389
101
LEADR
245,000.00
245,000.00
245,000.00
2.550
2.550
530.61
0.00
0.00
530.61
9128283DO
1390
101
USTR
1,000,000.00
985,190.00
985,190.00
2.250
2.265
1,895.38
0.00
0.00
1,895.38
91282CEF4
1391
101
USTR
1,000,000.00
976,860.00
976,860.00
2.500
2.552
2,117.49
0.00
0.00
2,117.49
254673E69
1392
101
DISCOV
245,000.00
245,000.00
245,000.00
3.100
3.100
645.06
0.00
0.00
645.06
91282CAR2
1393
101
USTR
4,000,000.00
3,979,880.00
3,979,880.00
0.125
0.125
421.20
0.00
0.00
421.20
91282CBD2
1394
101
USTR
2,000,000.00
1,982,265.63
1,982,265.63
0.125
0.125
210.60
0.00
0.00
210.60
91282CAN1
1395
101
USTR
4,000,000.00
3,985,625.00
3,985,625.00
0.125
0.125
423.50
0.00
0.00
423.50
48115LAD6
1396
101
JOVIA
248,000.00
248,000.00
248,000.00
2.500
2.500
526.57
0.00
0.00
526.57
912828X88
1397
101
USTR
1,000,000.00
969,687.50
969,687.50
2.375
2.429
2,000.68
0.00
0.00
2,000.68
91282CEN7
1398
101
USTR
500,000.00
495,000.00
495,000.00
2.750
2.755
1,158.28
0.00
0.00
1,158.28
91282CET4
1399
101
USTR
500,000.00
491,842.18
491,842.18
2.625
2.661
1,111.68
0.00
0.00
1,111.68
9128282U3
1400
101
USTR
500,000.00
490,850.00
490,850.00
1.875
1.894
789.74
0.00
0.00
789.74
3133ENYH7
1401
101
FFCB
500,000.00
499,080.00
499,080.00
2.625
2.580
1,093.75
0.00
0.00
1,093.75
91282CBD2
1402
101
USTR
3,000,000.00
2,972,578.13
2,972,578.13
0.125
0.125
315.90
0.00
0.00
315.90
91282CAX9
1403
101
USTR
4,000,000.00
3,972,031.25
3,972,031.25
0.125
0.126
423.49
0.00
0.00
423.49
91282CAN1
1404
101
USTR
2,000,000.00
1,992,780.00
1,992,780.00
0.125
0.125
211.74
0.00
0.00
211.74
91282CAG6
1405
101
USTR
5,000,000.00
4,988,450.00
4,988,450.00
0.125
0.124
526.50
0.00
0.00
526.50
91282CAR2
1406
101
USTR
2,000,000.00
1,989,440.00
1,989,440.00
0.125
0.125
210.59
0.00
0.00
210.59
912828N30
1407
101
USTR
2,000,000.00
1,996,240.00
1,996,240.00
2.125
2.112
3,580.16
0.00
0.00
3,580.16
912828M80
1408
101
USTR
3,000,000.00
2,996,670.00
2,996,670.00
2.000
1.997
5,081.96
0.00
0.00
5,081.96
3130ASDV8
1409
101
FHLB
300,000.00
300,000.00
300,000.00
3.300
3.238
825.00
0.00
0.00
825.00
9128283C2
1410
101
USTR
2,000,000.00
1,999,940.00
1,999,940.00
2.000
1.984
3,369.57
0.00
0.00
3,369.57
91282CAN1
1411
101
USTR
2,000,000.00
1,991,942.00
1,991,942.00
0.125
0.125
211.74
0.00
0.00
211.74
912828N30
1412
101
USTR
2,000,000.00
1,996,680.00
1,996,680.00
2.125
2.111
3,580.16
0.00
0.00
3,580.16
912828M80
1413
101
USTR
2,000,000.00
1,997,980.00
1,997,980.00
2.000
1.997
3,387.98
0.00
0.00
3,387.98
9128283C2
1414
101
USTR
1,000,000.00
999,977.00
999,977.00
2.000
1.984
1,684.78
0.00
0.00
1,684.78
89269FDP7
1415
101
TRADCP
246,000.00
0.00
246,000.00
3.000
3.000
242.63
0.00
0.00
242.63
912828XT2
1418
101
USTR
1,000,000.00
985,240.00
985,240.00
2.000
2.024
1,693.99
0.00
0.00
1,693.99
397417AQ9
1419
101
GRNWDS
248,000.00
248,000.00
248,000.00
3.050
3.050
642.43
0.00
0.00
642.43
Run Date: 12/07/2022 - 22:05
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
93
City of La Quinta
Total Earnings
Page 8
July 1, 2022 - July 31, 2022
Adjusted Interest
Earnings
Ending
Beginning
Ending Current
Annualized
Interest
Amortization/
Realized
Adjusted Interest
CUSIP Investment #
Fund
Issuer
Par Value
Book Value
Book Value Rate
Yield
Earned
Accretion
Gainl/Loss
Earnings
Subtotal
224,160,151.48
218,330,917.90
223,364,601.15
1.146
214,313.78
0.00
0.00
214,313.78
Fund: Fiscal Agent
SYS1058 1058
231
USBANK
26.01
26.01
26.01
0.00
0.00
0.00
0.00
Subtotal
26.01
26.01
26.01
0.00
0.00
0.00
0.00
Fund: Housing Authority :
WSA and LQ
SYS1062 1062
241
LQPR
403,375.75
390,461.07
403,375.75
0.00
0.00
0.00
0.00
Subtotal
403,375.75
390,461.07
403,375.75
0.00
0.00
0.00
0.00
Fund: SA Low/Mod Bond Fund
25-33-005 1113
249
LAIF
2,018,767.39
2,010,227.97
2,018,767.39 1.090
1.353
2,310.83
0.00
0.00
2,310.83
Subtotal
2,018,767.39
2,010,227.97
2,018,767.39
1.353
2,310.83
0.00
0.00
2,310.83
Total 226,582,320.63 220,731,632.95 225,786,770.30
Run Date: 12/07/2022 - 22:05
1.146 216,624.61 0.00 0.00 216,624.61
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
City of La Quinta
City of La Quintat(V 09 ig -
Portfolio Management
- GEM of the DESERT Portfolio Summary
August 31, 2022
Par Market Book % of Days to YTM
Investments Value Value Value Portfolio Term Maturity 365 Equiv.
Bank Accounts 11,913,388.12 11,913,388.12 11,913,388.12 5.34 1 1 0.000
Local Agency Investment Fund -City 28,728,722.48 28,308,807.15 28,728,722.48 12.87 1 1 1.276
Local Agency Invstmnt Fund -Housing 2,018,767.39 1,992,886.54 2,018,767.39 0.90 1 1 1.276
Money Market Accounts - CAMP 17,972,088.30 17,972,088.30 17,972,088.30 8.05 1 1 2.300
Federal Agency Coupon Securities 39,750,000.00 37,089,204.00 39,534,153.90 17.70 1,574 1,026 1.206
Treasury Coupon Securities 62,750,000.00 61,069,002.50 62,194,013.94 27.85 699 518 1.695
Certificate of Deposits 32,109,000.00 30,825,164.20 32,108,377.50 14.38 1,666 792 1.923
Corporate Notes 1,900,000.00 1,B39,149.00 1,857,560.00 0.83 1,578 479 2.287
Money Market with Fiscal Agent 14,973,176.11 14,973,176.11 14,973,176.11 6.71 1 1 0.000
CERBT- OPEBTrust 1,792,152.96 1,792,152.96 1,792,152.96 0.80 1 1 0.000
PARS Pension Trust 10,207,728.18 10,207,728.18 10,207,728.18 4.57 1 1 0.000
224,115,023.54 217,982,747.06 223,300,128.88 100.00% 727 444 1.342
Investments
Total Earnings August 31 Month Ending Fiscal Year To Date
Current Year 242,858.75 459,483.36
Average Daily Balance 219,428,163.90 221,400,377.36
Effective Rate of Return 1.30% 1.22%
1 certify that this report accurately reflects all pooled investments and is in compliance with the California Government Code and the City Investment Policy. As Treasurer of the City of La Quinta, I hereby
certify that sufficient investment liauidi.tv and anticipated revenues are available to meet the City's expenditure requirements for the next six months. The City of La Quinta used the monthly account
statements issued b ur fina 'al in uti s to determine the fair market value of investments at month end.
12/8/22
Claudia Martinez, Finance Director/City Treasurer
Reporting period 08/01/2022-08/3112022
Run Date: 12/07/2022 - 20:26
Portfolio CITY
CP
PM (PRF_PM1) 7.3.0
Report Ver. 7.3.6.1
95
City of La Quinta
Portfolio Management
Portfolio Details - Investments
August 31, 2022
Page 1
Average
Purchase
Stated
Days to YTM Maturity
CUSIP
Investment #
Issuer Balance
Date
Par Value
Market Value
Book Value Rate
Term Maturity 365 Date
Bank Accounts
SYS1293
1293
Bank of New York
09/01/2020
5,796,058.77
5,796,058.77
5,796,058.77
1 1 0.000
059731851
1228
Bank of the West
08/20/2019
5,048,779.42
5,048,779.42
5,048,779.42
1 1 0.000
SYS1059
1059
City Petty Cash
07/01/2016
3,300.00
3,300.00
3,300.00
1 1 0.000
SYS1318
1318
Dune Palms Mobile Estates
03/09/2021
649,117.42
649,117.42
649,117.42
1 1 0.000
SYS1062
1062
La Quinta Palms Realty
07/01/2016
416,132.51
416,132.51
416,132.51
1 1 0.000
Subtotal and Average 6,332,571.35 11,913,388.12 11,913,388.12 11,913,388.12 1 1 0.000
Local Agency Investment Fund -City
98-33434 1055 Local Agency Inv Fund 28,728,722.48 28,308,807.15 28,728,722.48 1.276 1 1 1.276
Subtotal and Average 29,760,980.54 28,728,722.48 28,308,807.15 28,728,722.48 1 1 1.276
Local Agency Invstmnt Fund -Housing
25-33-005 1113 Local Agency Inv Fund 2,018,767.39 1,992,886.54 2,018,767.39 1.276 1 1 1.276
Subtotal and Average 2,018,767.39 2,018,767.39 1,992,886.54 2,018,767.39 1 1 1.276
Money Market Accounts - CAMP
SYS1153 1153 California Asset Management Pr
Subtotal and Average 29,046,500.68
09/26/2018
17,972,088.30
17,972,088.30
17,972,088.30
17,972,088.30
17,972,088.30
17,972,088.30
2.300
1
1
1
1
2.300
2.300
Federal Agency
Coupon Securities
3135GOW33
1233
Federal National Mtg Assn
10/29/2019
1,000,000.00
999,850.00
992,100.00
1.375
1,043
5
1.659
09/06/2022
3133EGWJO
1247
Federal Farm Credit Bank
02/05/2020
1,000,000.00
999,080.00
999,217.36
1.400
967
28
1.430
09/29/2022
3133EKQP4
1198
Federal Farm Credit Bank
06/20/2019
500,000.00
498,765.00
499,500.00
1.875
1,271
102
1.905
12/12/2022
3133ENBT6
1348
Federal Farm Credit Bank
12/07/2021
1,000,000.00
988,240.00
998,530.00
0.180
414
146
0.310
01/25/2023
3133EMX64
1340
Federal Farm Credit Bank
10/22/2021
500,000.00
489,520.00
499,002.04
0.170
553
239
0.302
04/28/2023
3133EKZK5
1223
Federal Farm Credit Bank
09/12/2019
500,000.00
490,795.00
499,400.00
1.600
1,432
347
1.632
08/14/2023
3133EJYL7
1158
Federal Farm Credit Bank
10/15/2018
250,000.00
248,175.00
247,275.00
2.800
1,786
369
3.041
09/05/2023
3133EK4X1
1234
Federal Farm Credit Bank
11/01/2019
1,000,000.00
977,530.00
996,900.00
1.600
1,461
426
1.680
11/01/2023
3130AFW94
1177
Federal Home Loan Bank
03/01/2019
500,000.00
493,875.00
498,550.00
2.500
1,810
530
2.563
02/13/2024
3133ELNEO
1246
Federal Farm Credit Bank
02/14/2020
1,000,000.00
972,430.00
999,000.00
1.430
1,461
531
1.456
02/14/2024
3133ENYH7
1401
Federal Farm Credit Bank
06/10/2022
500,000.00
492,820.00
499,080.00
2.625
731
648
2.720
06/10/2024
3135GOV75
1206
Federal National Mtg Assn
07/15/2019
500,000.00
485,310.00
495,950.00
1.750
1,814
670
1.922
07/02/2024
3133EKWV4
1212
Federal Farm Credit Bank
08/02/2019
500,000.00
484,905.00
499,500.00
1.850
1,820
694
1.871
07/26/2024
3133EKP75
1224
Federal Farm Credit Bank
09/17/2019
500,000.00
482,585.00
498,750.00
1.600
1,827
747
1.652
09/17/2024
3133ELEA8
1242
Federal Farm Credit Bank
12/17/2019
1,000,000.00
967,080.00
998,600.00
1.700
1,736
747
1.731
09/17/2024
Portfolio CITY
CP
Run Date: 12/07/2022 -
20:26
PM (PRF_PM2)
7.3.0
Report Ver. 7.3.6.1
96
City of La Quinta
Portfolio Management
Portfolio Details - Investments
August 31, 2022
Page 2
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Term
Days to
Maturity
YTM
365
Maturity
Date
Federal Agency
Coupon Securities
3135G06E8
1291
Federal National Mtg Assn
11/18/2020
500,000.00
465,330.00
499,250.00
0.420
1,461
809
0.458
11/18/2024
3133ENGN4
1355
Federal Farm Credit Bank
12/09/2021
1,000,000.00
940,710.00
1,000,000.00
0.970
1,096
830
0.970
12/09/2024
3135GAAW1
1300
Federal National Mtg Assn
12/30/2020
500,000.00
463,345.00
500,000.00
0.400
1,461
851
0.400
12/30/2024
3130AP21.18
1353
Federal Home Loan Bank
12/07/2021
1,000,000.00
928,230.00
987,100.00
0.550
1,127
859
0.976
01/07/2025
3130AQWY5
1374
Federal Home Loan Bank
02/25/2022
1,000,000.00
950,760.00
1,000,000.00
1.700
1,095
907
1.700
02/24/2025
3135G031.15
1365
Federal National Mtg Assn
01/28/2022
500,000.00
463,235.00
487,790.00
0.625
1,180
964
1.400
04/22/2025
3134GVYG7
1279
Federal Home Loan Mtg Corp
05/27/2020
1,000,000.00
926,720.00
1,000,000.00
0.625
1,826
999
0.625
05/27/2025
3133ELH23
1280
Federal Farm Credit Bank
06/09/2020
500,000.00
461,150.00
499,850.00
0.500
1,826
1,012
0.506
06/09/2025
3133ELH80
1282
Federal Farm Credit Bank
06/10/2020
500,000.00
460,090.00
500,000.00
0.680
1,826
1,013
0.680
06/10/2025
3130AJKW8
1281
Federal Home Loan Bank
06/03/2020
500,000.00
461,330.00
499,850.00
0.500
1,836
1,016
0.506
06/13/2025
3130AJRP6
1283
Federal Home Loan Bank
06/30/2020
300,000.00
275,232.00
300,000.00
0.680
1,826
1,033
0.680
06/30/2025
3137EAEU9
1297
Federal Home Loan Mtg Corp
12/07/2020
1,000,000.00
915,330.00
997,300.00
0.375
1,687
1,054
0.434
07/21/2025
3137EAEU9
1361
Federal Home Loan Mtg Corp
01/05/2022
500,000.00
457,665.00
487,090.00
0.375
1,293
1,054
1.120
07/21/2025
3135G05S8
1288
Federal National Mtg Assn
08/14/2020
500,000.00
455,115.00
500,000.00
0.500
1,826
1,078
0.500
08/14/2025
3136G4M75
1290
Federal National Mtg Assn
08/28/2020
500,000.00
457,905.00
499,750.00
0.520
1,816
1,082
0.530
08/18/2025
3136G4N74
1289
Federal National Mtg Assn
08/21/2020
1,000,000.00
913,540.00
1,000,000.00
0.560
1,826
1,085
0.560
08/21/2025
3137EAEX3
1307
Federal Home Loan Mtg Corp
02/23/2021
500,000.00
455,725.00
495,999.50
0.375
1,673
1,118
0.552
09/23/2025
3137EAEX3
1310
Federal Home Loan Mtg Corp
03/30/2021
1,000,000.00
911,450.00
983,940.00
0.375
1,638
1,118
0.740
09/23/2025
3130ARGJ4
1385
Federal Home Loan Bank
04/14/2022
500,000.00
480,890.00
500,000.00
2.500
1,279
1,139
2.500
10/14/2025
3134GW5R3
1362
Federal Home Loan Mtg Corp
01/05/2022
400,000.00
363,624.00
391,360.00
0.650
1,391
1,152
1.232
10/27/2025
3135G06G3
1354
Federal National Mtg Assn
12/07/2021
1,000,000.00
910,680.00
976,300.00
0.500
1,431
1,163
1.120
11/07/2025
3135GA2Z3
1292
Federal National Mtg Assn
11/17/2020
500,000.00
452,485.00
499,250.00
0.560
1,826
1,173
0.590
11/17/2025
3130AKFA9
1298
Federal Home Loan Bank
12/07/2020
500,000.00
452,475.00
497,400.00
0.375
1,831
1,198
0.480
12/12/2025
3135GA7D7
1299
Federal National Mtg Assn
12/23/2020
500,000.00
451,865.00
500,000.00
0.600
1,826
1,209
0.600
12/23/2025
3134GXGZ1
1301
Federal Home Loan Mtg Corp
12/30/2020
500,000.00
453,890.00
500,000.00
0.550
1,826
1,216
0.550
12/30/2025
3130AKMZ6
1302
Federal Home Loan Bank
01/14/2021
500,000.00
448,960.00
500,000.00
0.510
1,826
1,231
0.510
01/14/2026
313OAKN28
1304
Federal Home Loan Bank
01/29/2021
500,000.00
449,040.00
500,000.00
0.550
1,826
1,246
0.550
01/29/2026
3130ALV92
1312
Federal Home Loan Bank
03/30/2021
500,000.00
459,925.00
500,000.00
1.050
1,826
1,306
0.938
03/30/2026
3130AMFS6
1324
Federal Home Loan Bank
06/17/2021
1,000,000.00
905,400.00
993,420.00
0.750
1,821
1,380
0.885
06/12/2026
3133EM2C5
1330
Federal Farm Credit Bank
08/10/2021
500,000.00
446,200.00
498,000.00
0.710
1,826
1,439
0.792
08/10/2026
3133EM4X7
1338
Federal Farm Credit Bank
09/28/2021
1,000,000.00
899,070.00
991,080.00
0.800
1,808
1,470
0.985
09/10/2026
3130APBM6
1337
Federal Home Loan Bank
09/30/2021
1,000,000.00
898,010.00
999,000.00
1.000
1,826
1,490
1.021
09/30/2026
3130APB46
1339
Federal Home Loan Bank
10/13/2021
1,000,000.00
895,400.00
998,250.00
0.950
1,826
1,503
0.986
10/13/2026
3134GW6C5
1359
Federal Home Loan Mtg Corp
01/05/2022
500,000.00
446,210.00
486,000.00
0.800
1,757
1,518
1.403
10/28/2026
3133ENCQ1
1344
Federal Farm Credit Bank
11/02/2021
1,000,000.00
907,620.00
1,000,000.00
1.270
1,826
1,523
1.270
11/02/2026
3130APTV7
1347
Federal Home Loan Bank
11/24/2021
500,000.00
458,775.00
499,500.00
0.700
1,826
1,545
1.489
11/24/2026
Portfolio CITY
CP
Run Date: 12/07/2022 -
20:26
PM (PRF_PM2) 7.3.0
97
City of La Quinta
Portfolio Management
Portfolio Details - Investments
August 31, 2022
Page 3
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Days to
Term Maturity
YTM Maturity
365 Date
Federal Agency Coupon Securities
313OAQF65
1358
Federal Home Loan Bank
12/22/2021
1,000,000.00
916,640.00
999,750.00
1.250
1,825
1,572
1.255 12/21/2026
3134GWUQ7
1366
Federal Home Loan Mtg Corp
02/10/2022
1,000,000.00
883,230.00
945,570.00
0.700
1,784
1,581
1.870 12/30/2026
3130AQJR5
1364
Federal Home Loan Bank
01/27/2022
1,000,000.00
910,050.00
1,000,000.00
1.500
1,826
1,609
1.500 01/27/2027
3130AQSA2
1367
Federal Home Loan Bank
02/10/2022
1,000,000.00
921,410.00
1,000,000.00
1.830
1,826
1,623
1.830 02/10/2027
3130ARGY1
1387
Federal Home Loan Bank
04/19/2022
1,000,000.00
952,500.00
1,000,000.00
2.700
1,826
1,691
2.700 04/19/2027
3130ASDV8
1409
Federal Home Loan Bank
06/28/2022
300,000.00
291,033.00
300,000.00
3.300
1,826
1,761
3.300 06/28/2027
Subtotal and Average 39,534,153.90
39,750,000.00
37,089,204.00
39,534,153.90
1,574
1,026
1.206
Treasury Coupon
Securities
9128282W9
1178
U.S. Treasury
03/01/2019
500,000.00
499,835.00
489,687.50
1.875
1,309
29
2.480 09/30/2022
91282CAN1
1395
U.S. Treasury
06/06/2022
4,000,000.00
3,993,200.00
3,985,625.00
0.125
116
29
1.263 09/30/2022
91282CAN1
1404
U.S. Treasury
06/13/2022
2,000,000.00
1,996,600.00
1,992,780.00
0.125
109
29
1.342 09/30/2022
91282CAN1
1411
U.S. Treasury
06/29/2022
2,000,000.00
1,996,600.00
1,991,942.00
0.125
93
29
1.717 09/30/2022
91282CAR2
1393
U.S. Treasury
06/06/2022
4,000,000.00
3,983,320.00
3,979,880.00
0.125
147
60
1.391 10/31/2022
91282CAR2
1406
U.S. Treasury
06/13/2022
2,000,000.00
1,991,660.00
1,989,440.00
0.125
140
60
1.521 10/31/2022
9128283C2
1410
U.S. Treasury
06/29/2022
2,000,000.00
1,997,680.00
1,999,940.00
2.000
124
60
2.002 10/31/2022
9128283C2
1414
U.S. Treasury
06/30/2022
1,000,000.00
998,840.00
999,977.00
2.000
123
60
2.000 10/31/2022
91282CAX9
1403
U.S. Treasury
06/13/2022
4,000,000.00
3,973,600.00
3,972,031.25
0.125
170
90
1.642 11/30/2022
912828M80
1408
U.S. Treasury
06/28/2022
3,000,000.00
2,993,820.00
2,996,670.00
2.000
155
90
2.261 11/30/2022
912828M80
1413
U.S. Treasury
06/30/2022
2,000,000.00
1,995,880.00
1,997,980.00
2.000
153
90
2.240 11/30/2022
91282CBD2
1394
U.S. Treasury
06/06/2022
2,000,000.00
1,980,860.00
1,982,265.63
0.125
208
121
1.705 12/31/2022
91282CBD2
1402
U.S. Treasury
06/13/2022
3,000,000.00
2,971,290.00
2,972,578.13
0.125
201
121
1.812 12/31/2022
912828N30
1407
U.S. Treasury
06/28/2022
2,000,000.00
1,993,820.00
1,996,240.00
2.125
186
121
2.501 12/31/2022
912828N30
1412
U.S. Treasury
06/30/2022
2,000,000.00
1,993,820.00
1,996,680.00
2.125
184
121
2.461 12/31/2022
91282CBU4
1349
U.S. Treasury
12/07/2021
1,000,000.00
982,230.00
996,718.75
0.125
479
211
0.376 03/31/2023
91282CCD1
1350
U.S. Treasury
12/07/2021
1,000,000.00
976,250.00
995,468.75
0.125
540
272
0.432 05/31/2023
91282CCN9
1341
U.S. Treasury
10/22/2021
500,000.00
485,040.00
497,792.97
0.125
647
333
0.375 07/31/2023
912828T26
1217
U.S. Treasury
08/21/2019
500,000.00
489,025.00
499,300.00
1.375
1,501
394
1.410 09/30/2023
91282CBA8
1351
U.S. Treasury
12/07/2021
1,000,000.00
958,670.00
990,000.00
0.125
738
470
0.623 12/15/2023
91282CBEO
1342
U.S. Treasury
10/22/2021
1,000,000.00
955,660.00
991,000.00
0.125
815
501
0.531 01/15/2024
91282CBR1
1352
U.S. Treasury
12/07/2021
1,000,000.00
952,150.00
989,800.00
0.250
829
561
0.704 03/15/2024
91282CBV2
1360
U.S. Treasury
01/05/2022
500,000.00
475,725.00
494,882.81
0.375
831
592
0.830 04/15/2024
912828XT2
1418
U.S. Treasury
05/04/2022
1,000,000.00
975,630.00
985,240.00
2.000
758
638
2.736 05/31/2024
91282821-13
1400
U.S. Treasury
06/09/2022
500,000.00
485,100.00
490,850.00
1.875
814
730
2.727 08/31/2024
91282CDB4
1343
U.S. Treasury
10/22/2021
1,000,000.00
942,580.00
996,320.00
0.625
1,089
775
0.750 10/15/2024
Run Date: 12/07/2022 - 20:26
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
City of La Quinta
Portfolio Management
Portfolio Details - Investments
August 31, 2022
Page 4
CUSIP
Average
Investment # Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Days to
Term Maturity
YTM Maturity
365 Date
Treasury Coupon Securities
9128283DO
1390
U.S. Treasury
05/03/2022
1,000,000.00
975,230.00
985,190.00
2.250
912
791
2.870 10/31/2024
912828YV6
1241
U.S. Treasury
12/16/2019
1,000,000.00
958,090.00
989,687.50
1.500
1,811
821
1.718 11/30/2024
91282CAT8
1311
U.S. Treasury
03/30/2021
1,000,000.00
904,260.00
977,500.00
0.250
1,676
1,156
0.750 10/31/2025
91282CAZ4
1315
U.S. Treasury
04/22/2021
500,000.00
452,715.00
492,187.50
0.375
1,683
1,186
0.720 11/30/2025
91282CBC4
1303
U.S. Treasury
01/07/2021
500,000.00
451,700.00
498,632.81
0.375
1,819
1,217
0.431 12/31/2025
91282CBH3
1309
U.S. Treasury
02/23/2021
500,000.00
450,530.00
495,100.00
0.375
1,803
1,248
0.577 01/31/2026
91282CBQ3
1319
U.S. Treasury
05/28/2021
500,000.00
451,545.00
494,165.00
0.500
1,737
1,276
0.750 02/28/2026
91282CBQ3
1382
U.S. Treasury
03/23/2022
750,000.00
677,317.50
698,025.00
0.500
1,438
1,276
2.353 02/28/2026
91282CBT7
1320
U.S. Treasury
05/28/2021
500,000.00
454,845.00
499,525.00
0.750
1,768
1,307
0.770 03/31/2026
91282CBT7
1322
U.S. Treasury
06/17/2021
500,000.00
454,845.00
498,450.00
0.750
1,748
1,307
0.816 03/31/2026
9128286S4
1383
U.S. Treasury
03/23/2022
1,000,000.00
964,960.00
999,010.00
2.375
1,499
1,337
2.400 04/30/2026
91282CCF6
1321
U.S. Treasury
06/01/2021
1,000,000.00
906,250.00
997,060.00
0.750
1,825
1,368
0.810 05/31/2026
91282CCF6
1323
U.S. Treasury
06/17/2021
500,000.00
453,125.00
497,095.00
0.750
1,809
1,368
0.870 05/31/2026
91282CCP4
1335
U.S. Treasury
09/29/2021
1,000,000.00
898,440.00
983,750.00
0.625
1,766
1,429
0.970 07/31/2026
91282CCW9
1336
U.S. Treasury
09/29/2021
1,000,000.00
901,290.00
988,500.00
0.750
1,797
1,460
0.990 08/31/2026
91282CCW9
1380
U.S. Treasury
03/22/2022
500,000.00
450,645.00
466,454.17
0.750
1,623
1,460
2.350 08/31/2026
91282CDG3
1381
U.S. Treasury
03/22/2022
500,000.00
456,170.00
473,396.82
1.125
1,684
1,521
2.350 10/31/2026
912828Z78
1369
U.S. Treasury
02/10/2022
1,000,000.00
924,060.00
986,700.00
1.500
1,816
1,613
1.781 01/31/2027
91282CEF4
1391
U.S. Treasury
05/03/2022
1,000,000.00
964,410.00
976,860.00
2.500
1,793
1,672
3.010 03/31/2027
91282CEN7
1398
U.S. Treasury
06/08/2022
500,000.00
487,420.00
495,000.00
2.750
1,787
1,702
2.971 04/30/2027
912828X88
1397
U.S. Treasury
06/07/2022
1,000,000.00
957,730.00
969,687.50
2.375
1,803
1,717
3.041 05/15/2027
91282CET4
1399
U.S. Treasury
06/08/2022
500,000.00
485,000.00
491,842.18
2.625
1,818
1,733
2.980 05/31/2027
91282CFB2
1417
U.S. Treasury
08/15/2022
1,000,000.00
974,770.00
989,460.00
2.750
1,811
1,794
2.980 07/31/2027
91282CFB2
1422
U.S. Treasury
08/29/2022
1,000,000.00
974,770.00
979,645.67
2.750
1,797
1,794
3.200 07/31/2027
Subtotal and Average 65,689,852.04
62,750,000.00
61,069,002.50
62,194,013.94
699
518
1.695
Certificate of Deposits
01859BAA3
1095
Alliance Credit Union
10/13/2017
245,000.00
244,917.73
245,000.00
2.250
1,826
42
2.251 10/13/2022
06740KLJ4
1097
Barclays Bank
10/25/2017
240,000.00
239,915.80
240,000.00
2.300
1,826
54
2.291 10/25/2022
62384RACO
1099
Mountain America Federal CU
11/08/2017
245,000.00
244,761.19
245,000.00
2.300
1,826
68
2.301 11/08/2022
22766ACB9
1106
CrossFirst Bank
11/20/2017
245,000.00
244,673.13
245,000.00
2.200
1,824
78
2.201 11/18/2022
29367QCP1
1107
Enterprise Bank, NA
11/28/2017
245,000.00
244,601.99
245,000.00
2.150
1,826
88
2.151 11/28/2022
58404DCX7
1169
Medallion Bank
12/07/2018
248,000.00
248,227.97
248,000.00
3.400
1,461
97
3.402 12/07/2022
75701LAB3
1166
Red Rocks Credit Union
12/07/2018
248,000.00
248,194.40
248,000.00
3.350
1,461
97
3.352 12/07/2022
499724AB8
1110
Knoxville TVA Credit Union
12/29/2017
245,000.00
244,464.34
245,000.00
2.400
1,826
119
2.401 12/29/2022
Run Date: 12/07/2022 - 20:26
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
City of La Quinta
Portfolio Management
Portfolio Details - Investments
August 31, 2022
Page 5
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Term
Days to
Maturity
YTM
365
Maturity
Date
Certificate of
Deposits
49228XAK6
1239
Kern FCU
12/30/2019
248,000.00
247,039.23
248,000.00
1.900
1,096
120
1.902
12/30/2022
79772FACO
1240
San Francisco FCU
12/30/2019
248,000.00
246,997.81
248,000.00
1.850
1,096
120
1.852
12/30/2022
949495AT2
1244
Wells Fargo Natl Bank West
01/29/2020
248,000.00
246,566.88
248,000.00
1.900
1,097
151
1.900
01/30/2023
81768PAF3
1254
Servisfirst Bank
02/21/2020
248,000.00
245,791.89
248,000.00
1.600
1,096
173
1.601
02/21/2023
92535LCD4
1180
Verus Bank of Commerce
02/28/2019
248,000.00
247,061.91
248,000.00
2.700
1,461
180
2.700
02/28/2023
034577AH9
1119
Aneca Federal Credit Union
03/22/2018
245,000.00
243,907.91
245,000.00
2.800
1,826
202
2.802
03/22/2023
66704MEQO
1263
Northstar Bank
03/31/2020
248,000.00
244,350.42
248,000.00
1.150
1,095
211
1.150
03/31/2023
954444BS3
1265
West Michigan Cmnty Bk
03/31/2020
248,000.00
244,350.42
248,000.00
1.150
1,095
211
1.150
03/31/2023
17312QJ26
1123
Citibank NA
04/11/2018
245,000.00
243,827.06
245,000.00
2.900
1,826
222
2.902
04/11/2023
20726ABA5
1189
Congressional Bank
04/30/2019
248,000.00
246,075.57
248,000.00
2.500
1,459
239
2.502
04/28/2023
29278TAY6
1125
EnerBank USA
04/30/2018
240,000.00
238,847.79
240,000.00
2.950
1,824
239
2.952
04/28/2023
32117BCX4
1179
First National Bank
03/05/2019
248,000.00
246,389.60
248,000.00
2.800
1,522
246
2.802
05/05/2023
725404AB3
1194
Pittsfield Cooperative Bank
06/07/2019
245,000.00
242,489.29
245,000.00
2.500
1,461
279
2.502
06/07/2023
619165JD6
1173
Morton Community
03/20/2019
248,000.00
245,836.84
248,000.00
2.750
1,553
292
2.753
06/20/2023
74934YAH4
1144
RCB Bank
06/20/2018
245,000.00
243,647.00
245,000.00
3.150
1,826
292
3.152
06/20/2023
02616AAH2
1285
American First CU
06/26/2020
248,000.00
240,935.88
248,000.00
0.350
1,095
298
0.350
06/26/2023
02772JBD1
1205
American National Bank
07/19/2019
248,000.00
243,717.63
248,000.00
2.000
1,461
321
2.001
07/19/2023
32110YLK9
1147
First National Bank of America
07/20/2018
245,000.00
243,235.82
245,000.00
3.150
1,826
322
3.152
07/20/2023
06426KAN8
1151
Bank of New England
07/31/2018
249,000.00
247,087.77
249,000.00
3.250
1,826
333
3.252
07/31/2023
75472RAD3
1218
Raymond James Bank
08/23/2019
244,000.00
238,961.65
244,000.00
1.950
1,461
356
1.951
08/23/2023
89579NCD3
1262
Triad Bank
03/30/2020
248,000.00
240,392.65
248,000.00
1.350
1,278
393
1.352
09/29/2023
57116ARV2
1155
Cache Valley BK F/K/A Marlin
10/17/2018
248,000.00
245,542.64
248,000.00
3.300
1,826
411
3.302
10/17/2023
625925AR3
1160
Municipal Trust and Savings
10/17/2018
245,000.00
242,299.07
245,000.00
3.200
1,826
411
3.202
10/17/2023
90348JEJ5
1161
UBS Bank USA
10/17/2018
245,000.00
242,709.01
245,000.00
3.350
1,826
411
3.352
10/17/2023
474067AQ8
1154
Jefferson Financial CU
10/19/2018
245,000.00
242,699.10
245,000.00
3.350
1,826
413
3.352
10/19/2023
20143PDV9
1162
Commercial Bank
11/15/2018
248,000.00
245,772.70
248,000.00
3.400
1,826
440
3.402
11/15/2023
67054NAN3
1164
Numerica Credit Union
11/28/2018
248,000.00
246,165.50
248,000.00
3.550
1,826
453
3.552
11/28/2023
48115LAD6
1396
Jovia Financial Credit Union
06/07/2022
248,000.00
242,981.65
248,000.00
2.500
548
462
2.502
12/07/2023
635573AL2
1170
National Cooperative Bank, N.A
12/21/2018
245,000.00
242,731.54
245,000.00
3.400
1,826
476
3.402
12/21/2023
066851 WJ1
1172
Bar Harbor Bank and Trust
12/31/2018
248,000.00
245,507.95
248,000.00
3.350
1,824
484
3.352
12/29/2023
89269FDP7
1415
Tradition Capital
07/20/2022
246,000.00
242,360.80
246,000.00
3.000
551
508
3.008
01/22/2024
51210SQU4
1208
Lakeside Bank
07/30/2019
248,000.00
240,820.04
248,000.00
2.000
1,644
515
2.003
01/29/2024
77579ADFO
1251
Rollstone B&T
02/12/2020
245,000.00
236,679.43
245,000.00
1.650
1,461
529
1.651
02/12/2024
66736ABP3
1181
Northwest Bank
02/13/2019
248,000.00
244,106.92
248,000.00
2.950
1,826
530
2.951
02/13/2024
949763XY7
1174
Wells Fargo
02/27/2019
248,000.00
244,189.52
248,000.00
3.000
1,826
544
3.001
02/27/2024
50625LAW3
1384
Lafayette FCU
03/30/2022
248,000.00
240,480.45
248,000.00
2.050
729
574
2.053
03/28/2024
Portfolio CITY
CP
Run Date: 12/07/2022 - 20:26
PM (PRF_PM2) 7.3.0
100
City of La Quinta
Portfolio Management
Portfolio Details - Investments
August 31, 2022
Page 6
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Term
Days to
Maturity
YTM
365
Maturity
Date
Certificate of
Deposits
882213AB7
1260
Texas Bank Financial
03/31/2020
245,000.00
234,057.70
245,000.00
1.100
1,458
574
1.101
03/28/2024
472382AQ3
1272
The Jefferson Bank
04/15/2020
248,000.00
237,230.16
248,000.00
1.250
1,461
592
1.251
04/15/2024
08016PDQ9
1270
Belmont Bank and Trust
04/16/2020
248,000.00
237,212.58
248,000.00
1.250
1,461
593
1.251
04/16/2024
69506YRH4
1269
Pacific Western Bank
04/16/2020
245,000.00
234,610.86
245,000.00
1.300
1,461
593
1.301
04/16/2024
56065GAG3
1188
Main Street Bank
04/26/2019
248,000.00
242,462.14
248,000.00
2.600
1,827
603
2.603
04/26/2024
33640VDD7
1231
First Service Bank
11/15/2019
248,000.00
238,709.09
248,000.00
1.700
1,643
622
1.701
05/15/2024
48128HXU7
1185
JP Morgan Chase
05/16/2019
245,000.00
242,165.98
245,000.00
3.250
1,827
623
3.254
05/16/2024
46256YAZ2
1186
Iowa State Bank
05/23/2019
245,000.00
238,639.39
245,000.00
2.400
1,827
630
2.403
05/23/2024
538036GVO
1238
Live Oak Bank
11/27/2019
248,000.00
238,944.76
248,000.00
1.800
1,644
635
1.802
05/28/2024
156634AK3
1184
Century Next Bank
05/29/2019
248,000.00
241,893.33
248,000.00
2.500
1,827
636
2.503
05/29/2024
72651LCL6
1195
Plains Commerce Bank
06/07/2019
245,000.00
239,273.54
245,000.00
2.550
1,827
645
2.553
06/07/2024
299547AQ2
1196
Evansville Teachers Credit FCU
06/12/2019
248,000.00
242,349.27
248,000.00
2.600
1,827
650
2.603
06/12/2024
524661CB9
1197
Legacy Bank
06/19/2019
248,000.00
241,417.11
248,000.00
2.400
1,827
657
2.403
06/19/2024
176688CP2
1199
Citizens State Bank
06/21/2019
248,000.00
241,397.85
248,000.00
2.400
1,827
659
2.403
06/21/2024
20416TAQ5
1202
Communitywide FCU
06/28/2019
248,000.00
240,666.81
248,000.00
2.250
1,827
666
2.253
06/28/2024
761402BY1
1203
Revere Bank
06/28/2019
247,000.00
239,955.60
247,000.00
2.300
1,827
666
2.303
06/28/2024
00257TBD7
1207
Abacus Federal Savings
07/26/2019
248,000.00
239,147.09
248,000.00
1.950
1,827
694
1.952
07/26/2024
33625CCP2
1209
First Security Bank of WA
07/30/2019
248,000.00
239,329.81
248,000.00
2.000
1,827
698
2.002
07/30/2024
710571DS6
1210
People's Bank
07/31/2019
248,000.00
239,477.28
248,000.00
2.000
1,827
699
2.002
07/31/2024
740367HP5
1213
Preferred Bank
08/16/2019
249,000.00
240,254.18
249,000.00
2.000
1,827
715
2.002
08/16/2024
33766LAJ7
1216
FirsTier Bank
08/23/2019
249,000.00
239,931.78
249,000.00
1.950
1,827
722
1.952
08/23/2024
938828BH2
1215
Washington Federal
08/23/2019
248,000.00
239,207.50
248,000.00
2.000
1,827
722
2.002
08/23/2024
336460CX6
1222
First State Bk DeQueen
08/30/2019
248,000.00
238,159.83
248,000.00
1.800
1,827
729
1.802
08/30/2024
334342CD2
1221
First Natl Bk of Syracuse
08/30/2019
249,000.00
239,362.66
249,000.00
1.850
1,827
729
1.852
08/30/2024
15118RRH2
1220
Celtic Bank
08/30/2019
248,000.00
238,401.36
248,000.00
1.850
1,827
729
1.852
08/30/2024
05580AD50
1333
BMW Bank
09/10/2021
245,000.00
229,848.29
245,000.00
0.650
1,096
740
0.651
09/10/2024
06652CHBO
1227
BankWest Inc
09/27/2019
248,000.00
237,467.74
248,000.00
1.700
1,827
757
1.702
09/27/2024
84223QAN7
1286
Southern Bancorp Bk
06/26/2020
248,000.00
230,948.91
248,000.00
0.500
1,582
785
0.500
10/25/2024
804375DL4
1235
Sauk Valley B&T Co
11/07/2019
248,000.00
237,091.43
248,000.00
1.700
1,827
798
1.702
11/07/2024
61690UNX4
1237
Morgan Stanley Bank
11/20/2019
245,000.00
235,434.36
245,000.00
1.950
1,827
811
1.952
11/20/2024
61760A3B3
1236
Morgan Stanley Private Bk, NA
11/20/2019
245,000.00
235,172.03
245,000.00
1.900
1,827
811
1.902
11/20/2024
064520BG3
1287
Bank Princeton
06/30/2020
248,000.00
229,763.47
248,000.00
0.500
1,644
851
0.500
12/30/2024
89388CEYO
1328
Transportation Alliance Bk TAB
07/23/2021
248,000.00
228,790.62
248,000.00
0.400
1,280
875
0.401
01/23/2025
06417NZQ9
1329
Bank OZK
07/29/2021
248,000.00
228,665.14
248,000.00
0.400
1,280
881
0.401
01/29/2025
90983WBT7
1249
United Community
02/07/2020
248,000.00
235,885.32
248,000.00
1.650
1,827
890
1.652
02/07/2025
32114VBT3
1250
First National Bank Michigan
02/14/2020
248,000.00
235,794.36
248,000.00
1.650
1,827
897
1.652
02/14/2025
Portfolio CITY
CP
Run Date: 12/07/2022 - 20:26
PM (PRF_PM2) 7.3.0
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City of La Quinta
Portfolio Management
Portfolio Details - Investments
August 31, 2022
Page 7
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Term
Days to
Maturity
YTM
365
Maturity
Date
Certificate of
Deposits
35637RDC8
1248
Freedom Financial
02/14/2020
248,000.00
235,204.46
248,000.00
1.550
1,827
897
1.552
02/14/2025
029728BC5
1255
American State
02/21/2020
248,000.00
235,406.50
248,000.00
1.600
1,827
904
1.602
02/21/2025
17286TAGO
1252
Citadel FCU
02/27/2020
248,000.00
235,626.08
248,000.00
1.650
1,827
910
1.652
02/27/2025
00435JBH5
1256
Access Bank
03/13/2020
248,000.00
235,241.50
248,000.00
1.600
1,826
924
1.601
03/13/2025
849430BF9
1257
Spring Bank
03/20/2020
248,000.00
234,538.21
248,000.00
1.500
1,826
931
1.501
03/20/2025
05465DAE8
1258
Axos Bank
03/26/2020
248,000.00
235,378.42
248,000.00
1.650
1,826
937
1.651
03/26/2025
020080BX4
1267
Alma Bank
03/30/2020
248,000.00
233,812.07
248,000.00
1.400
1,824
939
1.399
03/28/2025
2027506M2
1268
Commonwealth Business Bk
03/31/2020
248,000.00
232,943.49
248,000.00
1.250
1,826
942
1.251
03/31/2025
654062JZ2
1266
Nicolet Natl Bank
03/31/2020
248,000.00
233,871.00
248,000.00
1.400
1,826
942
1.401
03/31/2025
14042TDD6
1271
Capital One USA FDIC33954
04/08/2020
245,000.00
232,245.08
245,000.00
1.600
1,826
950
1.601
04/08/2025
02007GPX5
1388
Ally Bank Midvale
04/21/2022
245,000.00
237,957.40
245,000.00
2.550
1,096
963
2.550
04/21/2025
52168UHY1
1389
Leader Bank
04/22/2022
245,000.00
237,950.29
245,000.00
2.550
1,096
964
2.552
04/22/2025
32112UDR9
1274
First Natl Bk McGregor
04/28/2020
248,000.00
233,153.90
248,000.00
1.350
1,826
970
1.351
04/28/2025
32027BALl
1273
First Freedom Bank
04/29/2020
249,000.00
233,121.00
249,000.00
1.200
1,826
971
1.201
04/29/2025
33847E3A3
1276
Flagstar
04/30/2020
248,000.00
232,588.99
248,000.00
1.250
1,826
972
1.251
04/30/2025
32056GDJ6
1278
1st Internet Bank
05/11/2020
248,000.00
230,793.73
248,000.00
1.000
1,827
984
0.985
05/12/2025
95960NKD8
1277
Western State Bank
05/13/2020
245,000.00
228,097.32
245,000.00
1.000
1,826
985
1.001
05/13/2025
254673E69
1392
Discover Bank Greenwood DE CF
05/24/2022
245,000.00
241,331.10
245,000.00
3.100
1,099
999
3.103
05/27/2025
169894AS1
1284
Chippewa Valley Bk
06/24/2020
248,000.00
227,505.02
248,000.00
0.600
1,826
1,027
0.600
06/24/2025
307811DF3
1363
Farmers & March
01/14/2022
249,000.00
230,214.79
249,000.00
0.900
1,277
1,047
0.900
07/14/2025
70962LAF9
1331
Pentagon FCU
09/01/2021
249,000.00
228,158.20
249,000.00
0.700
1,462
1,097
0.687
09/02/2025
51507LCC6
1305
Landmark Community Bank
01/22/2021
248,000.00
223,487.65
248,000.00
0.500
1,826
1,239
0.500
01/22/2026
87270LDL4
1306
TIAA FKA EverBank
02/12/2021
245,000.00
220,657.48
245,000.00
0.500
1,826
1,260
0.500
02/12/2026
64034KAZ4
1376
Nelnet Bank
03/02/2022
245,000.00
230,972.25
245,000.00
1.800
1,461
1,278
1.801
03/02/2026
39573LBC1
1313
Greenstate FCU
04/16/2021
249,000.00
226,979.45
249,000.00
0.950
1,826
1,323
0.951
04/16/2026
89235MKY6
1314
Toyota Financial Savings Bank
04/22/2021
245,000.00
222,961.14
245,000.00
0.900
1,826
1,329
0.900
04/22/2026
14622LAAO
1316
Carter FCU
04/27/2021
248,000.00
224,175.43
248,000.00
0.750
1,826
1,334
0.750
04/27/2026
31617CAV5
1317
Fidelity Homestead
04/30/2021
248,000.00
223,694.01
248,000.00
0.700
1,826
1,337
0.711
04/30/2026
501798RP9
1356
LCA Bank Corp
12/27/2021
248,000.00
225,774.06
248,000.00
1.000
1,642
1,394
1.000
06/26/2026
92559TAJ7
1325
Vibrant Credit Union
07/02/2021
249,000.00
224,674.74
248,377.50
0.800
1,824
1,398
0.852
06/30/2026
38149MXK4
1326
Goldman Sachs
07/28/2021
248,000.00
225,405.70
248,000.00
1.000
1,826
1,426
1.001
07/28/2026
795451AFO
1327
Sallie Mae Bank Salt Lake Clty
07/28/2021
248,000.00
225,405.70
248,000.00
1.000
1,826
1,426
1.001
07/28/2026
87165ET98
1332
Synchrony Bank Retail
09/03/2021
245,000.00
221,433.46
245,000.00
0.900
1,826
1,463
0.900
09/03/2026
20786ADL6
1334
Connect One
09/24/2021
248,000.00
222,711.19
248,000.00
0.800
1,826
1,484
0.800
09/24/2026
59013KPNO
1345
Merrick Bank
11/09/2021
249,000.00
225,988.24
249,000.00
1.100
1,826
1,530
1.101
11/09/2026
14042RQBO
1346
Capital One Natl Assn FDIC4297
11/17/2021
248,000.00
225,112.09
248,000.00
1.100
1,826
1,538
1.101
11/17/2026
Portfolio CITY
CP
Run Date: 12/07/2022 - 20:26
PM (PRF_PM2) 7.3.0
102
City of La Quinta
Portfolio Management Page
Portfolio Details - Investments
August 31, 2022
Average
Purchase
Stated
Days to
YTM Maturity
CUSIP
Investment # Issuer Balance
Date
Par Value
Market Value
Book Value
Rate
Term Maturity
365 Date
Certificate of Deposits
20825WAR1
1357
Connexus CU
12/23/2021
249,000.00
226,976.95
249,000.00
1.250
1,826
1,574
1.250 12/23/2026
89786MAF1
1368
True Sky FCU
02/04/2022
245,000.00
226,632.51
245,000.00
1.600
1,826
1,617
1.601 02/04/2027
02357QAQO
1372
Amerant Bank
02/14/2022
245,000.00
226,509.08
245,000.00
1.600
1,828
1,629
1.601 02/16/2027
07371AYE7
1370
Beal Bank TX
02/23/2022
245,000.00
229,559.39
245,000.00
1.900
1,820
1,630
1.901 02/17/2027
073710E88
1371
Beal Bank USA
02/23/2022
245,000.00
229,559.39
245,000.00
1.900
1,820
1,630
1.901 02/17/2027
59161YAP1
1373
Metro Credit Union
02/18/2022
249,000.00
231,108.80
249,000.00
1.700
1,826
1,631
1.701 02/18/2027
24773RCR4
1377
Delta Natl B&T
03/09/2022
245,000.00
230,516.34
245,000.00
2.000
1,814
1,638
2.001 02/25/2027
27004PCM3
1375
Eaglemark Savings
03/02/2022
245,000.00
230,565.78
245,000.00
2.000
1,826
1,643
2.001 03/02/2027
91139LAB2
1378
United Roosevelt Savings
03/11/2022
248,000.00
232,165.48
248,000.00
1.900
1,826
1,652
1.901 03/11/2027
565819AG4
1379
Marathon Bnak
03/16/2022
248,000.00
231,065.47
248,000.00
1.800
1,826
1,657
1.801 03/16/2027
20033A3A2
1386
Comenity Capital Bank
04/14/2022
248,000.00
239,995.13
248,000.00
2.650
1,826
1,686
2.652 04/14/2027
397417AQ9
1419
Greenwoods State Bank
05/17/2022
248,000.00
244,317.63
248,000.00
3.050
1,826
1,719
3.052 05/17/2027
02589ADH2
1421
American Express, NB
08/29/2022
245,000.00
245,879.57
245,000.00
3.450
1,793
1,790
3.067 07/27/2027
88413QDN5
1420
Third Federal Savings and Loan
08/19/2022
245,000.00
244,308.32
245,000.00
3.300
1,826
1,813
3.302 08/19/2027
Subtotal and Average 32,412,087.18
32,109,000.00
30,825,164.20
32,108,377.50
1,666
792
1.923
Corporate Notes
931142DU4
1190
19416QEA4
1175
594918BQ6
1157
45950VP39
1308
Wal-Mart Stores, Inc
Colgate-Palmolive
Microsoft Corporation
International Finance Corp.
Subtotal and Average
Money Market with Fiscal Agent
SYS1058 1058 US Bank
Subtotal and Average
04/16/2019
03/04/2019
10/15/2018
02/26/2021
1,857,560.00
07/01 /2016
483,030.85
CERBT - OPEB Trust
SYS1114 1114 CalPERS CERBT Plan 07/01/2022
Subtotal and Average 1,792,152.96
PARS Pension Trust
SYS1230 1230
Run Date: 12/07/2022 - 20:26
Pblc Agncy Rtrmnt Sery
Subtotal and Average
10,500,507.01
500,000.00
500,000.00
400,000.00
500,000.00
1,900,000.00
14,973,176.11
14, 973,176.11
498,765.00
497,260.00
394,284.00
448,840.00
1,839,149.00
14, 973,176.11
14, 973,176.11
496,650.00
2.350
1,339
105
2.799
12/15/2022
485,250.00
1.950
1,430
153
2.751
02/01/2023
378,360.00
2.000
1,758
341
3.222
08/08/2023
497,300.00
0.500
1,826
1,274
0.610
02/26/2026
1,857,560.00
1,578
479
2.287
14, 973,176.11 1
14,973,176.11 1
1,792,152.96 1,792,152.96 1,792,152.96
1,792,152.96
1,792,152.96
1,792,152.96
10,207,728.18 10,207, 728.18 10,207, 728.18
10, 207, 728.18 10, 207, 728.18 10, 207, 728.18
I
1 0.000
1 0.000
1 0.000
1 0.000
1 1 0.000
1 1 0.000
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
103
City of La Quinta
Portfolio Management
Portfolio Details - Investments
August 31, 2022
Average Purchase Stated Days to YTM
CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365
Run Date: 12/07/2022 - 20:26
Total and Average 219,428,163.90 224,115,023.54 217,982,747.06 223,300,128.88 727 444 1.342
Page 9
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
104
t(VQr(lu
GEM of the DESERT -
City of La Quinta
Total Earnings
Sorted by Fund - Fund
August 1, 2022 - August 31, 2022
City of La Quinta
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
98-33-434
1055
101
LAIF
28,728,722.48
32,728,722.48
28,728,722.48
1.276
1.228
34,131.83
0.00
0.00
34,131.83
SYS1059
1059
101
CITYPC
3,300.00
3,300.00
3,300.00
0.00
0.00
0.00
0.00
01859BAA3
1095
101
ALLIAN
245,000.00
245,000.00
245,000.00
2.250
2.250
468.19
0.00
0.00
468.19
02587CFU9
1096
101
AMFSB
0.00
240,000.00
0.00
2.400
2.400
441.86
0.00
0.00
441.86
06740KLJ4
1097
101
BARCLY
240,000.00
240,000.00
240,000.00
2.300
2.300
468.82
0.00
0.00
468.82
62384RACO
1099
101
MTNAMR
245,000.00
245,000.00
245,000.00
2.300
2.300
478.59
0.00
0.00
478.59
22766ACB9
1106
101
CRS1ST
245,000.00
245,000.00
245,000.00
2.200
2.200
457.78
0.00
0.00
457.78
29367QCP1
1107
101
ENTRPR
245,000.00
245,000.00
245,000.00
2.150
2.150
447.38
0.00
0.00
447.38
499724AB8
1110
101
KNOX
245,000.00
245,000.00
245,000.00
2.400
2.400
499.40
0.00
0.00
499.40
SYS1114
1114
101
CALPRS
1,792,152.96
1,792,152.96
1,792,152.96
0.00
0.00
0.00
0.00
034577AH9
1119
101
ANECA
245,000.00
245,000.00
245,000.00
2.800
2.800
582.63
0.00
0.00
582.63
17312QJ26
1123
101
CITINA
245,000.00
245,000.00
245,000.00
2.900
2.900
603.44
0.00
0.00
603.44
29278TAY6
1125
101
ENER
240,000.00
240,000.00
240,000.00
2.950
2.950
601.32
0.00
0.00
601.32
74934YAH4
1144
101
RCB
245,000.00
245,000.00
245,000.00
3.150
3.150
655.46
0.00
0.00
655.46
32110YLK9
1147
101
1STNBA
245,000.00
245,000.00
245,000.00
3.150
3.150
655.46
0.00
0.00
655.46
89269CBX9
1148
101
TRAD
0.00
245,000.00
0.00
3.000
3.000
161.10
0.00
0.00
161.10
06426KAN8
1151
101
NWENGL
249,000.00
249,000.00
249,000.00
3.250
3.250
687.31
0.00
0.00
687.31
SYS1153
1153
101
CAMP
17,972,088.30
32,915,647.76
17,972,088.30
2.300
2.019
56,440.54
0.00
0.00
56,440.54
474067AQ8
1154
101
JEFF
245,000.00
245,000.00
245,000.00
3.350
3.350
697.08
0.00
0.00
697.08
57116ARV2
1155
101
MARBUS
248,000.00
248,000.00
248,000.00
3.300
3.300
695.08
0.00
0.00
695.08
594918BQ6
1157
101
MCRSFT
400,000.00
378,360.00
378,360.00
2.000
2.075
666.67
0.00
0.00
666.67
3133EJYL7
1158
101
FFCB
250,000.00
247,275.00
247,275.00
2.800
2.778
583.33
0.00
0.00
583.33
625925AR3
1160
101
MUNTRS
245,000.00
245,000.00
245,000.00
3.200
3.200
665.86
0.00
0.00
665.86
90348JEJ5
1161
101
UBS
245,000.00
245,000.00
245,000.00
3.350
3.350
697.08
0.00
0.00
697.08
20143PDV9
1162
101
COMMBK
248,000.00
248,000.00
248,000.00
3.400
3.400
716.14
0.00
0.00
716.14
67054NAN3
1164
101
NMRCA
248,000.00
248,000.00
248,000.00
3.550
3.550
747.74
0.00
0.00
747.74
75701LAB3
1166
101
REDRCK
248,000.00
248,000.00
248,000.00
3.350
3.350
705.61
0.00
0.00
705.61
58404DCX7
1169
101
MEDBA
248,000.00
248,000.00
248,000.00
3.400
3.400
716.14
0.00
0.00
716.14
635573AL2
1170
101
NLCOOP
245,000.00
245,000.00
245,000.00
3.400
3.400
707.48
0.00
0.00
707.48
Run Date: 12/07/2022 - 22:09
Portfolio CITY
CP
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
105
City of La Quinta
Total Earnings Page 2
August 1, 2022 - August 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
066851WJ1
1172
101
BARHAR
248,000.00
248,000.00
248,000.00
3.350
3.350
705.61
0.00
0.00
705.61
619165JD6
1173
101
MORTN
248,000.00
248,000.00
248,000.00
2.750
2.750
579.23
0.00
0.00
579.23
949763XY7
1174
101
WELLS
248,000.00
248,000.00
248,000.00
3.000
3.000
631.89
0.00
0.00
631.89
19416QEA4
1175
101
COLGTE
500,000.00
485,250.00
485,250.00
1.950
1.971
812.50
0.00
0.00
812.50
3130AFW94
1177
101
FHLB
500,000.00
498,550.00
498,550.00
2.500
2.460
1,041.67
0.00
0.00
1,041.67
9128282W9
1178
101
USTR
500,000.00
489,687.50
489,687.50
1.875
1.909
794.06
0.00
0.00
794.06
32117BCX4
1179
101
1STNBK
248,000.00
248,000.00
248,000.00
2.800
2.800
589.76
0.00
0.00
589.76
92535LCD4
1180
101
VERUS
248,000.00
248,000.00
248,000.00
2.700
2.700
568.70
0.00
0.00
568.70
66736ABP3
1181
101
NRTHWS
248,000.00
248,000.00
248,000.00
2.950
2.950
621.36
0.00
0.00
621.36
156634AK3
1184
101
CENTNX
248,000.00
248,000.00
248,000.00
2.500
2.500
526.58
0.00
0.00
526.58
48128HXU7
1185
101
JPMORG
245,000.00
245,000.00
245,000.00
3.250
3.250
676.27
0.00
0.00
676.27
46256YAZ2
1186
101
IOWAST
245,000.00
245,000.00
245,000.00
2.400
2.400
499.40
0.00
0.00
499.40
56065GAG3
1188
101
MAINST
248,000.00
248,000.00
248,000.00
2.600
2.600
547.64
0.00
0.00
547.64
20726ABA5
1189
101
CONGRS
248,000.00
248,000.00
248,000.00
2.500
2.500
526.58
0.00
0.00
526.58
931142DU4
1190
101
WALMRT
500,000.00
496,650.00
496,650.00
2.350
2.321
979.17
0.00
0.00
979.17
725404AB3
1194
101
PITTS
245,000.00
245,000.00
245,000.00
2.500
2.500
520.20
0.00
0.00
520.20
72651LCL6
1195
101
PLAINS
245,000.00
245,000.00
245,000.00
2.550
2.550
530.61
0.00
0.00
530.61
299547AQ2
1196
101
EVNSCU
248,000.00
248,000.00
248,000.00
2.600
2.600
547.64
0.00
0.00
547.64
524661CB9
1197
101
LEGCY
248,000.00
248,000.00
248,000.00
2.400
2.400
505.51
0.00
0.00
505.51
3133EKQP4
1198
101
FFCB
500,000.00
499,500.00
499,500.00
1.875
1.842
781.25
0.00
0.00
781.25
176688CP2
1199
101
CTZNST
248,000.00
248,000.00
248,000.00
2.400
2.400
505.51
0.00
0.00
505.51
85916VDC6
1201
101
STRLNG
0.00
245,000.00
0.00
2.150
2.150
404.08
0.00
0.00
404.08
20416TAQ5
1202
101
COMMW
248,000.00
248,000.00
248,000.00
2.250
2.250
473.92
0.00
0.00
473.92
761402BY1
1203
101
REVER
247,000.00
247,000.00
247,000.00
2.300
2.300
482.49
0.00
0.00
482.49
02772JBD1
1205
101
AMRNTL
248,000.00
248,000.00
248,000.00
2.000
2.000
421.26
0.00
0.00
421.26
3135GOV75
1206
101
FNMA
500,000.00
495,950.00
495,950.00
1.750
1.731
729.17
0.00
0.00
729.17
00257TBD7
1207
101
ABACUS
248,000.00
248,000.00
248,000.00
1.950
1.950
410.73
0.00
0.00
410.73
51210SQU4
1208
101
LKSIDE
248,000.00
248,000.00
248,000.00
2.000
2.000
421.26
0.00
0.00
421.26
33625CCP2
1209
101
1STSEC
248,000.00
248,000.00
248,000.00
2.000
2.000
421.26
0.00
0.00
421.26
710571DS6
1210
101
PEOPLE
248,000.00
248,000.00
248,000.00
2.000
2.000
421.26
0.00
0.00
421.26
3133EKWV4
1212
101
FFCB
500,000.00
499,500.00
499,500.00
1.850
1.817
770.84
0.00
0.00
770.84
740367HP5
1213
101
PREFRD
249,000.00
249,000.00
249,000.00
2.000
2.000
422.96
0.00
0.00
422.96
938828BH2
1215
101
WSHFED
248,000.00
248,000.00
248,000.00
2.000
2.000
421.26
0.00
0.00
421.26
33766LAJ7
1216
101
1STIER
249,000.00
249,000.00
249,000.00
1.950
1.950
412.38
0.00
0.00
412.38
912828T26
1217
101
USTR
500,000.00
499,300.00
499,300.00
1.375
1.373
582.31
0.00
0.00
582.31
75472RAD3
1218
101
RAYJAM
244,000.00
244,000.00
244,000.00
1.950
1.950
404.10
0.00
0.00
404.10
12556LBA3
1219
101
CITBNK
0.00
245,000.00
0.00
1.900
1.900
280.58
0.00
0.00
280.58
Run Date: 12/07/2022 - 22:09
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
106
City of La Quinta
Total Earnings Page 3
August 1, 2022 - August 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
15118RRH2
1220
101
CELTIC
248,000.00
248,000.00
248,000.00
1.850
1.850
389.67
0.00
0.00
389.67
334342CD2
1221
101
1STNBS
249,000.00
249,000.00
249,000.00
1.850
1.850
391.24
0.00
0.00
391.24
336460CX6
1222
101
1STDQN
248,000.00
248,000.00
248,000.00
1.800
1.800
379.13
0.00
0.00
379.13
3133EKZK5
1223
101
FFCB
500,000.00
499,400.00
499,400.00
1.600
1.572
666.67
0.00
0.00
666.67
3133EKP75
1224
101
FFCB
500,000.00
498,750.00
498,750.00
1.600
1.574
666.66
0.00
0.00
666.66
06652CHBO
1227
101
BNKWST
248,000.00
248,000.00
248,000.00
1.700
1.700
358.07
0.00
0.00
358.07
059731851
1228
101
BOTW
5,048,779.42
3,264,587.10
5,048,779.42
0.00
0.00
0.00
0.00
SYS1230
1230
101
PARS
10,207,728.18
10,510,266.30
10,207,728.18
0.00
0.00
0.00
0.00
33640VDD7
1231
101
1STSER
248,000.00
248,000.00
248,000.00
1.700
1.700
358.07
0.00
0.00
358.07
3135GOW33
1233
101
FNMA
1,000,000.00
992,100.00
992,100.00
1.375
1.360
1,145.84
0.00
0.00
1,145.84
3133EK4X1
1234
101
FFCB
1,000,000.00
996,900.00
996,900.00
1.600
1.575
1,333.33
0.00
0.00
1,333.33
804375DL4
1235
101
SAUKVL
248,000.00
248,000.00
248,000.00
1.700
1.700
358.07
0.00
0.00
358.07
6176OA3133
1236
101
MSPRIV
245,000.00
245,000.00
245,000.00
1.900
1.900
395.36
0.00
0.00
395.36
6169OUNX4
1237
101
MORGST
245,000.00
245,000.00
245,000.00
1.950
1.950
405.76
0.00
0.00
405.76
538036GVO
1238
101
LIVEOK
248,000.00
248,000.00
248,000.00
1.800
1.800
379.13
0.00
0.00
379.13
49228XAK6
1239
101
KERNCU
248,000.00
248,000.00
248,000.00
1.900
1.900
400.20
0.00
0.00
400.20
79772FACO
1240
101
SF FCU
248,000.00
248,000.00
248,000.00
1.850
1.850
389.67
0.00
0.00
389.67
912828YV6
1241
101
USTR
1,000,000.00
989,687.50
989,687.50
1.500
1.511
1,270.50
0.00
0.00
1,270.50
3133ELEA8
1242
101
FFCB
1,000,000.00
998,600.00
998,600.00
1.700
1.670
1,416.66
0.00
0.00
1,416.66
949495AT2
1244
101
WFNBW
248,000.00
248,000.00
248,000.00
1.900
1.900
400.20
0.00
0.00
400.20
3133ELNEO
1246
101
FFCB
1,000,000.00
999,000.00
999,000.00
1.430
1.404
1,191.67
0.00
0.00
1,191.67
3133EGWJO
1247
101
FFCB
1,000,000.00
999,217.36
999,217.36
1.400
1.375
1,166.67
0.00
0.00
1,166.67
35637RDC8
1248
101
FRDMFI
248,000.00
248,000.00
248,000.00
1.550
1.550
326.48
0.00
0.00
326.48
90983WBT7
1249
101
UNTDCM
248,000.00
248,000.00
248,000.00
1.650
1.650
347.54
0.00
0.00
347.54
32114VBT3
1250
101
1STNM1
248,000.00
248,000.00
248,000.00
1.650
1.650
347.54
0.00
0.00
347.54
77579ADFO
1251
101
RLLSTN
245,000.00
245,000.00
245,000.00
1.650
1.650
343.34
0.00
0.00
343.34
17286TAGO
1252
101
CITADL
248,000.00
248,000.00
248,000.00
1.650
1.650
347.54
0.00
0.00
347.54
81768PAF3
1254
101
SERVIS
248,000.00
248,000.00
248,000.00
1.600
1.600
337.01
0.00
0.00
337.01
029728BC5
1255
101
AMERST
248,000.00
248,000.00
248,000.00
1.600
1.600
337.01
0.00
0.00
337.01
00435JBH5
1256
101
ACCSS
248,000.00
248,000.00
248,000.00
1.600
1.600
337.01
0.00
0.00
337.01
849430BF9
1257
101
SPRING
248,000.00
248,000.00
248,000.00
1.500
1.500
315.95
0.00
0.00
315.95
05465DAE8
1258
101
AXOS
248,000.00
248,000.00
248,000.00
1.650
1.650
347.54
0.00
0.00
347.54
882213AB7
1260
101
TEXAS
245,000.00
245,000.00
245,000.00
1.100
1.100
228.89
0.00
0.00
228.89
89579NCD3
1262
101
TRIAD
248,000.00
248,000.00
248,000.00
1.350
1.350
284.35
0.00
0.00
284.35
66704MEQO
1263
101
NRTHSR
248,000.00
248,000.00
248,000.00
1.150
1.150
242.22
0.00
0.00
242.22
954444BS3
1265
101
WESTMI
248,000.00
248,000.00
248,000.00
1.150
1.150
242.22
0.00
0.00
242.22
654062JZ2
1266
101
NCOLET
248,000.00
248,000.00
248,000.00
1.400
1.400
294.88
0.00
0.00
294.88
Run Date: 12/07/2022 - 22:09
Portfolio CITY
CP
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
107
City of La Quinta
Total Earnings Page 4
August 1, 2022 - August 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
020080BX4
1267
101
ALMABK
248,000.00
248,000.00
248,000.00
1.400
1.400
294.88
0.00
0.00
294.88
2027506M2
1268
101
CMWBUS
248,000.00
248,000.00
248,000.00
1.250
1.250
263.29
0.00
0.00
263.29
69506YRH4
1269
101
PACWST
245,000.00
245,000.00
245,000.00
1.300
1.300
270.51
0.00
0.00
270.51
08016PDQ9
1270
101
BELB&T
248,000.00
248,000.00
248,000.00
1.250
1.250
263.29
0.00
0.00
263.29
14042TDD6
1271
101
CAPONE
245,000.00
245,000.00
245,000.00
1.600
1.600
332.93
0.00
0.00
332.93
472382AQ3
1272
101
THEJEF
248,000.00
248,000.00
248,000.00
1.250
1.250
263.29
0.00
0.00
263.29
32027BALl
1273
101
1STFDM
249,000.00
249,000.00
249,000.00
1.200
1.200
253.78
0.00
0.00
253.78
32112UDR9
1274
101
1STMCG
248,000.00
248,000.00
248,000.00
1.350
1.350
284.35
0.00
0.00
284.35
33847E3A3
1276
101
FLGSTR
248,000.00
248,000.00
248,000.00
1.250
1.250
263.29
0.00
0.00
263.29
95960NKD8
1277
101
WSTRNS
245,000.00
245,000.00
245,000.00
1.000
1.000
208.08
0.00
0.00
208.08
32056GDJ6
1278
101
1STINT
248,000.00
248,000.00
248,000.00
1.000
1.000
210.63
0.00
0.00
210.63
3134GVYG7
1279
101
FHLMC
1,000,000.00
1,000,000.00
1,000,000.00
0.625
0.613
520.83
0.00
0.00
520.83
3133ELH23
1280
101
FFCB
500,000.00
499,850.00
499,850.00
0.500
0.491
208.33
0.00
0.00
208.33
3130AJKW8
1281
101
FHLB
500,000.00
499,850.00
499,850.00
0.500
0.491
208.34
0.00
0.00
208.34
3133ELH80
1282
101
FFCB
500,000.00
500,000.00
500,000.00
0.680
0.667
283.33
0.00
0.00
283.33
3130AJRP6
1283
101
FHLB
300,000.00
300,000.00
300,000.00
0.680
0.667
170.00
0.00
0.00
170.00
169894AS1
1284
101
CHIPVA
248,000.00
248,000.00
248,000.00
0.600
0.600
126.38
0.00
0.00
126.38
02616AAH2
1285
101
AMR1ST
248,000.00
248,000.00
248,000.00
0.350
0.350
73.72
0.00
0.00
73.72
84223QAN7
1286
101
STHRNB
248,000.00
248,000.00
248,000.00
0.500
0.500
105.32
0.00
0.00
105.32
064520BG3
1287
101
BKPRNC
248,000.00
248,000.00
248,000.00
0.500
0.500
105.32
0.00
0.00
105.32
3135G05S8
1288
101
FNMA
500,000.00
500,000.00
500,000.00
0.500
0.491
208.34
0.00
0.00
208.34
3136G4N74
1289
101
FNMA
1,000,000.00
1,000,000.00
1,000,000.00
0.560
0.549
466.67
0.00
0.00
466.67
3136G4M75
1290
101
FNMA
500,000.00
499,750.00
499,750.00
0.520
0.510
216.67
0.00
0.00
216.67
3135G06E8
1291
101
FNMA
500,000.00
499,250.00
499,250.00
0.420
0.413
175.00
0.00
0.00
175.00
3135GA2Z3
1292
101
FNMA
500,000.00
499,250.00
499,250.00
0.560
0.550
233.33
0.00
0.00
233.33
SYS1293
1293
101
BNY
5,796,058.77
2,337,762.00
5,796,058.77
0.00
0.00
0.00
0.00
3137EAEU9
1297
101
FHLMC
1,000,000.00
997,300.00
997,300.00
0.375
0.369
312.50
0.00
0.00
312.50
3130AKFA9
1298
101
FHLB
500,000.00
497,400.00
497,400.00
0.375
0.370
156.25
0.00
0.00
156.25
3135GA7D7
1299
101
FNMA
500,000.00
500,000.00
500,000.00
0.600
0.589
250.00
0.00
0.00
250.00
3135GAAW1
1300
101
FNMA
500,000.00
500,000.00
500,000.00
0.400
0.392
166.67
0.00
0.00
166.67
3134GXGZ1
1301
101
FHLMC
500,000.00
500,000.00
500,000.00
0.550
0.540
229.16
0.00
0.00
229.16
3130AKMZ6
1302
101
FHLB
500,000.00
500,000.00
500,000.00
0.510
0.500
212.50
0.00
0.00
212.50
91282CBC4
1303
101
USTR
500,000.00
498,632.81
498,632.81
0.375
0.373
157.95
0.00
0.00
157.95
3130AKN28
1304
101
FHLB
500,000.00
500,000.00
500,000.00
0.550
0.540
229.16
0.00
0.00
229.16
51507LCC6
1305
101
LNDMRK
248,000.00
248,000.00
248,000.00
0.500
0.500
105.32
0.00
0.00
105.32
87270LDL4
1306
101
EVRBA
245,000.00
245,000.00
245,000.00
0.500
0.500
104.04
0.00
0.00
104.04
3137EAEX3
1307
101
FHLMC
500,000.00
495,999.50
495,999.50
0.375
0.371
156.25
0.00
0.00
156.25
Run Date: 12/07/2022 - 22:09
Portfolio CITY
CP
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
City of La Quinta
Total Earnings Page 5
August 1, 2022 - August 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
45950VPS9
1308
101
IFC
500,000.00
497,300.00
497,300.00
0.500
0.505
213.41
0.00
0.00
213.41
91282CBH3
1309
101
USTR
500,000.00
495,100.00
495,100.00
0.375
0.376
157.94
0.00
0.00
157.94
3137EAEX3
1310
101
FHLMC
1,000,000.00
983,940.00
983,940.00
0.375
0.374
312.50
0.00
0.00
312.50
91282CAT8
1311
101
USTR
1,000,000.00
977,500.00
977,500.00
0.250
0.254
210.60
0.00
0.00
210.60
3130ALV92
1312
101
FHLB
500,000.00
500,000.00
500,000.00
1.050
1.030
437.50
0.00
0.00
437.50
39573LBC1
1313
101
GRNST
249,000.00
249,000.00
249,000.00
0.950
0.950
200.91
0.00
0.00
200.91
89235MKY6
1314
101
TOYFSB
245,000.00
245,000.00
245,000.00
0.900
0.900
187.27
0.00
0.00
187.27
91282CAZ4
1315
101
USTR
500,000.00
492,187.50
492,187.50
0.375
0.380
158.81
0.00
0.00
158.81
14622LAAO
1316
101
CARTER
248,000.00
248,000.00
248,000.00
0.750
0.750
157.97
0.00
0.00
157.97
31617CAV5
1317
101
FIDHMS
248,000.00
248,000.00
248,000.00
0.700
0.700
147.44
0.00
0.00
147.44
SYS1318
1318
101
DPME
649,117.42
613,712.88
649,117.42
0.00
0.00
0.00
0.00
91282CBQ3
1319
101
USTR
500,000.00
494,165.00
494,165.00
0.500
0.502
210.71
0.00
0.00
210.71
91282CBT7
1320
101
USTR
500,000.00
499,525.00
499,525.00
0.750
0.749
317.62
0.00
0.00
317.62
91282CCF6
1321
101
USTR
1,000,000.00
997,060.00
997,060.00
0.750
0.750
635.25
0.00
0.00
635.25
91282CBT7
1322
101
USTR
500,000.00
498,450.00
498,450.00
0.750
0.750
317.62
0.00
0.00
317.62
91282CCF6
1323
101
USTR
500,000.00
497,095.00
497,095.00
0.750
0.752
317.62
0.00
0.00
317.62
3130AMFS6
1324
101
FHLB
1,000,000.00
993,420.00
993,420.00
0.750
0.741
625.00
0.00
0.00
625.00
92559TAJ7
1325
101
VIBRNT
249,000.00
248,377.50
248,377.50
0.800
0.802
169.18
0.00
0.00
169.18
38149MXK4
1326
101
GLDMAN
248,000.00
248,000.00
248,000.00
1.000
1.000
210.63
0.00
0.00
210.63
795451AFO
1327
101
SALMAE
248,000.00
248,000.00
248,000.00
1.000
1.000
210.63
0.00
0.00
210.63
89388CEYO
1328
101
TABBK
248,000.00
248,000.00
248,000.00
0.400
0.400
84.25
0.00
0.00
84.25
06417NZQ9
1329
101
BKOZK
248,000.00
248,000.00
248,000.00
0.400
0.400
84.25
0.00
0.00
84.25
3133EM2C5
1330
101
FFCB
500,000.00
498,000.00
498,000.00
0.710
0.699
295.83
0.00
0.00
295.83
70962LAF9
1331
101
PENTGN
249,000.00
249,000.00
249,000.00
0.700
0.700
148.04
0.00
0.00
148.04
87165ET98
1332
101
SYNCHR
245,000.00
245,000.00
245,000.00
0.900
0.900
187.28
0.00
0.00
187.28
05580AD50
1333
101
BMW
245,000.00
245,000.00
245,000.00
0.650
0.650
135.25
0.00
0.00
135.25
20786ADL6
1334
101
CONNEC
248,000.00
248,000.00
248,000.00
0.800
0.800
168.50
0.00
0.00
168.50
91282CCP4
1335
101
USTR
1,000,000.00
983,750.00
983,750.00
0.625
0.630
526.50
0.00
0.00
526.50
91282CCW9
1336
101
USTR
1,000,000.00
988,500.00
988,500.00
0.750
0.753
632.13
0.00
0.00
632.13
3130APBM6
1337
101
FHLB
1,000,000.00
999,000.00
999,000.00
1.000
0.982
833.33
0.00
0.00
833.33
3133EM4X7
1338
101
FFCB
1,000,000.00
991,080.00
991,080.00
0.800
0.792
666.67
0.00
0.00
666.67
3130APB46
1339
101
FHLB
1,000,000.00
998,250.00
998,250.00
0.950
0.934
791.67
0.00
0.00
791.67
3133EMX64
1340
101
FFCB
500,000.00
499,002.04
499,002.04
0.170
0.167
70.84
0.00
0.00
70.84
91282CCN9
1341
101
USTR
500,000.00
497,792.97
497,792.97
0.125
0.125
52.65
0.00
0.00
52.65
91282CBEO
1342
101
USTR
1,000,000.00
991,000.00
991,000.00
0.125
0.125
105.30
0.00
0.00
105.30
91282CDB4
1343
101
USTR
1,000,000.00
996,320.00
996,320.00
0.625
0.626
529.37
0.00
0.00
529.37
3133ENCQ1
1344
101
FFCB
1,000,000.00
1,000,000.00
1,000,000.00
1.270
1.246
1,058.34
0.00
0.00
1,058.34
Run Date: 12/07/2022 - 22:09
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
109
City of La Quinta
Total Earnings Page 6
August 1, 2022 - August 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
59013KPNO
1345
101
MRRCK
249,000.00
249,000.00
249,000.00
1.100
1.100
232.63
0.00
0.00
232.63
14042RQBO
1346
101
CANNA
248,000.00
248,000.00
248,000.00
1.100
1.100
231.69
0.00
0.00
231.69
3130APTV7
1347
101
FHLB
500,000.00
499,500.00
499,500.00
0.700
0.688
291.67
0.00
0.00
291.67
3133ENBT6
1348
101
FFCB
1,000,000.00
998,530.00
998,530.00
0.180
0.177
150.00
0.00
0.00
150.00
91282CBU4
1349
101
USTR
1,000,000.00
996,718.75
996,718.75
0.125
0.125
105.88
0.00
0.00
105.88
91282CCD1
1350
101
USTR
1,000,000.00
995,468.75
995,468.75
0.125
0.125
105.87
0.00
0.00
105.87
91282CBA8
1351
101
USTR
1,000,000.00
990,000.00
990,000.00
0.125
0.126
105.87
0.00
0.00
105.87
91282CBR1
1352
101
USTR
1,000,000.00
989,800.00
989,800.00
0.250
0.251
210.60
0.00
0.00
210.60
3130AP21.18
1353
101
FHLB
1,000,000.00
987,100.00
987,100.00
0.550
0.547
458.33
0.00
0.00
458.33
3135G06G3
1354
101
FNMA
1,000,000.00
976,300.00
976,300.00
0.500
0.502
416.66
0.00
0.00
416.66
3133ENGN4
1355
101
FFCB
1,000,000.00
1,000,000.00
1,000,000.00
0.970
0.952
808.33
0.00
0.00
808.33
501798RP9
1356
101
LCA
248,000.00
248,000.00
248,000.00
1.000
1.000
210.63
0.00
0.00
210.63
20825WAR1
1357
101
CNNXS
249,000.00
249,000.00
249,000.00
1.250
1.250
264.35
0.00
0.00
264.35
313OAQF65
1358
101
FHLB
1,000,000.00
999,750.00
999,750.00
1.250
1.227
1,041.67
0.00
0.00
1,041.67
3134GW6C5
1359
101
FHLMC
500,000.00
486,000.00
486,000.00
0.800
0.808
333.34
0.00
0.00
333.34
91282CBV2
1360
101
USTR
500,000.00
494,882.81
494,882.81
0.375
0.378
158.81
0.00
0.00
158.81
3137EAEU9
1361
101
FHLMC
500,000.00
487,090.00
487,090.00
0.375
0.378
156.25
0.00
0.00
156.25
3134GW5R3
1362
101
FHLMC
400,000.00
391,360.00
391,360.00
0.650
0.652
216.67
0.00
0.00
216.67
307811DF3
1363
101
FARMER
249,000.00
249,000.00
249,000.00
0.900
0.900
190.33
0.00
0.00
190.33
3130AQJR5
1364
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
1.500
1.472
1,250.00
0.00
0.00
1,250.00
3135G031.15
1365
101
FNMA
500,000.00
487,790.00
487,790.00
0.625
0.629
260.41
0.00
0.00
260.41
3134GWUQ7
1366
101
FHLMC
1,000,000.00
945,570.00
945,570.00
0.700
0.726
583.33
0.00
0.00
583.33
3130AQSA2
1367
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
1.830
1.796
1,525.00
0.00
0.00
1,525.00
89786MAF1
1368
101
TRUSKY
245,000.00
245,000.00
245,000.00
1.600
1.600
332.93
0.00
0.00
332.93
912828Z78
1369
101
USTR
1,000,000.00
986,700.00
986,700.00
1.500
1.508
1,263.59
0.00
0.00
1,263.59
07371AYE7
1370
101
BEALTX
245,000.00
245,000.00
245,000.00
1.900
1.900
395.36
0.00
0.00
395.36
073710E88
1371
101
BEALUS
245,000.00
245,000.00
245,000.00
1.900
1.900
395.36
0.00
0.00
395.36
02357QAQO
1372
101
AMRNT
245,000.00
245,000.00
245,000.00
1.600
1.600
332.94
0.00
0.00
332.94
59161YAP1
1373
101
METRO
249,000.00
249,000.00
249,000.00
1.700
1.700
359.52
0.00
0.00
359.52
3130AQWY5
1374
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
1.700
1.668
1,416.67
0.00
0.00
1,416.67
27004PCM3
1375
101
EGLMRK
245,000.00
245,000.00
245,000.00
2.000
2.000
416.17
0.00
0.00
416.17
64034KAZ4
1376
101
NELNET
245,000.00
245,000.00
245,000.00
1.800
1.800
374.55
0.00
0.00
374.55
24773RCR4
1377
101
DELTA
245,000.00
245,000.00
245,000.00
2.000
2.000
416.16
0.00
0.00
416.16
91139LAB2
1378
101
URSVLT
248,000.00
248,000.00
248,000.00
1.900
1.900
400.20
0.00
0.00
400.20
565819AG4
1379
101
MRTHON
248,000.00
248,000.00
248,000.00
1.800
1.800
379.13
0.00
0.00
379.13
91282CCW9
1380
101
USTR
500,000.00
466,454.17
466,454.17
0.750
0.798
316.07
0.00
0.00
316.07
91282CDG3
1381
101
USTR
500,000.00
473,396.82
473,396.82
1.125
1.179
473.84
0.00
0.00
473.84
Run Date: 12/07/2022 - 22:09
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
110
City of La Quinta
Total Earnings Page 7
August 1, 2022 - August 31, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
91282CBQ3
1382
101
USTR
750,000.00
698,025.00
698,025.00
0.500
0.533
316.07
0.00
0.00
316.07
9128286S4
1383
101
USTR
1,000,000.00
999,010.00
999,010.00
2.375
2.358
2,000.68
0.00
0.00
2,000.68
50625LAW3
1384
101
LFYTT
248,000.00
248,000.00
248,000.00
2.050
2.050
431.79
0.00
0.00
431.79
3130ARGJ4
1385
101
FHLB
500,000.00
500,000.00
500,000.00
2.500
2.453
1,041.66
0.00
0.00
1,041.66
20033A3A2
1386
101
CCBA
248,000.00
248,000.00
248,000.00
2.650
2.650
558.17
0.00
0.00
558.17
3130ARGY1
1387
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
2.700
2.649
2,250.00
0.00
0.00
2,250.00
02007GPX5
1388
101
ALLY
245,000.00
245,000.00
245,000.00
2.550
2.550
530.61
0.00
0.00
530.61
52168UHY1
1389
101
LEADR
245,000.00
245,000.00
245,000.00
2.550
2.550
530.61
0.00
0.00
530.61
9128283DO
1390
101
USTR
1,000,000.00
985,190.00
985,190.00
2.250
2.265
1,895.38
0.00
0.00
1,895.38
91282CEF4
1391
101
USTR
1,000,000.00
976,860.00
976,860.00
2.500
2.552
2,117.49
0.00
0.00
2,117.49
254673E69
1392
101
DISCOV
245,000.00
245,000.00
245,000.00
3.100
3.100
645.05
0.00
0.00
645.05
91282CAR2
1393
101
USTR
4,000,000.00
3,979,880.00
3,979,880.00
0.125
0.125
421.19
0.00
0.00
421.19
91282CBD2
1394
101
USTR
2,000,000.00
1,982,265.63
1,982,265.63
0.125
0.125
210.60
0.00
0.00
210.60
91282CAN1
1395
101
USTR
4,000,000.00
3,985,625.00
3,985,625.00
0.125
0.125
423.50
0.00
0.00
423.50
48115LAD6
1396
101
JOVIA
248,000.00
248,000.00
248,000.00
2.500
2.500
526.58
0.00
0.00
526.58
912828X88
1397
101
USTR
1,000,000.00
969,687.50
969,687.50
2.375
2.429
2,000.68
0.00
0.00
2,000.68
91282CEN7
1398
101
USTR
500,000.00
495,000.00
495,000.00
2.750
2.755
1,158.29
0.00
0.00
1,158.29
91282CET4
1399
101
USTR
500,000.00
491,842.18
491,842.18
2.625
2.661
1,111.68
0.00
0.00
1,111.68
9128282U3
1400
101
USTR
500,000.00
490,850.00
490,850.00
1.875
1.895
790.17
0.00
0.00
790.17
3133ENYH7
1401
101
FFCB
500,000.00
499,080.00
499,080.00
2.625
2.580
1,093.75
0.00
0.00
1,093.75
91282CBD2
1402
101
USTR
3,000,000.00
2,972,578.13
2,972,578.13
0.125
0.125
315.89
0.00
0.00
315.89
91282CAX9
1403
101
USTR
4,000,000.00
3,972,031.25
3,972,031.25
0.125
0.126
423.50
0.00
0.00
423.50
91282CAN1
1404
101
USTR
2,000,000.00
1,992,780.00
1,992,780.00
0.125
0.125
211.75
0.00
0.00
211.75
91282CAG6
1405
101
USTR
0.00
4,988,450.00
0.00
0.125
2.941
509.51
0.00
11,550.00
12,059.51
91282CAR2
1406
101
USTR
2,000,000.00
1,989,440.00
1,989,440.00
0.125
0.125
210.60
0.00
0.00
210.60
912828N30
1407
101
USTR
2,000,000.00
1,996,240.00
1,996,240.00
2.125
2.112
3,580.17
0.00
0.00
3,580.17
912828M80
1408
101
USTR
3,000,000.00
2,996,670.00
2,996,670.00
2.000
1.997
5,081.97
0.00
0.00
5,081.97
3130ASDV8
1409
101
FHLB
300,000.00
300,000.00
300,000.00
3.300
3.238
825.00
0.00
0.00
825.00
9128283C2
1410
101
USTR
2,000,000.00
1,999,940.00
1,999,940.00
2.000
1.984
3,369.56
0.00
0.00
3,369.56
91282CAN1
1411
101
USTR
2,000,000.00
1,991,942.00
1,991,942.00
0.125
0.125
211.75
0.00
0.00
211.75
912828N30
1412
101
USTR
2,000,000.00
1,996,680.00
1,996,680.00
2.125
2.111
3,580.17
0.00
0.00
3,580.17
912828M80
1413
101
USTR
2,000,000.00
1,997,980.00
1,997,980.00
2.000
1.997
3,387.97
0.00
0.00
3,387.97
9128283C2
1414
101
USTR
1,000,000.00
999,977.00
999,977.00
2.000
1.984
1,684.78
0.00
0.00
1,684.78
89269FDP7
1415
101
TRADCP
246,000.00
246,000.00
246,000.00
3.000
3.000
626.79
0.00
0.00
626.79
91282CFB2
1417
101
USTR
1,000,000.00
0.00
989,460.00
2.750
2.757
1,270.38
0.00
0.00
1,270.38
912828XT2
1418
101
USTR
1,000,000.00
985,240.00
985,240.00
2.000
2.024
1,693.99
0.00
0.00
1,693.99
397417AQ9
1419
101
GRNWDS
248,000.00
248,000.00
248,000.00
3.050
3.050
642.42
0.00
0.00
642.42
Run Date: 12/07/2022 - 22:09
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
ill
City of La Quinta
Total Earnings
Page 8
August
1, 2022 - August
31, 2022
Adjusted Interest
Earnings
Ending
Beginning
Ending
Current Annualized
Interest
Amortization/
Realized
Adjusted Interest
CUSIP Investment #
Fund
Issuer
Par Value
Book Value
Book Value
Rate
Yield
Earned
Accretion
Gainl/Loss
Earnings
Fund: General Fund
88413QDN5 1420
101
3RD
245,000.00
0.00
245,000.00
3.300
3.300
287.96
0.00
0.00
287.96
02589ADH2 1421
101
AMEXNB
245,000.00
0.00
245,000.00
3.450
3.450
69.47
0.00
0.00
69.47
91282CFB2 1422
101
USTR
1,000,000.00
0.00
979,645.67
2.750
2.784
224.18
0.00
0.00
224.18
Subtotal
206,706,947.53
223,364,601.15
205,892,052.87
1.266
228,993.49
0.00
11,550.00
240,543.49
Fund: Fiscal Agent
SYS1058 1058
231
USBANK
14,973,176.11
26.01
14,973,176.11
0.453
0.01
0.00
0.00
0.01
Subtotal
14,973,176.11
26.01
14,973,176.11
0.453
0.01
0.00
0.00
0.01
Fund: Housing Authority :
WSA and LQ
SYS1062 1062
241
LQPR
416,132.51
403,375.75
416,132.51
0.00
0.00
0.00
0.00
Subtotal
416,132.51
403,375.75
416,132.51
0.00
0.00
0.00
0.00
Fund: SA Low/Mod Bond Fund
25-33-005 1113
249
LAIF
2,018,767.39
2,018,767.39
2,018,767.39
1.276
1.350
2,315.25
0.00
0.00
2,315.25
Subtotal
2,018,767.39
2,018,767.39
2,018,767.39
1.350
2,315.25
0.00
0.00
2,315.25
Total 224,115,023.54 225,786,770.30 223,300,128.88
Run Date: 12/07/2022 - 22:09
1.265 231,308.75 0.00
11,550.00 242,858.75
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
112
City of La Quinta
t(V City of La Quinta
OW f Portfolio Management
-- GEM of the DESERT --- Portfolio Summary
September 30, 2022
Par Market Book % of Days to YTM
Investments Value value Value Portfolio Term Maturity 365 Equiv.
Bank Accounts 4,839,849.83 4,839,849.83 4,839,849.83 2.35 1 1 0.000
Local Agency Investment Fund -City 28,728,722.48 28,308,807.15 28,728,722.48 13.95 1 1 1.513
Local Agency Invstmnt Fund -Housing 2,018,767.39 1,992,886.54 2,018,767.39 0.98 1 1 1.513
Money Market Accounts - CAMP 18,010,695.46 18,010,695.46 18,o10,695.46 8.74 1 1 2.610
Federal Agency Coupon Securities 39,750,000.00 36,386,736.00 39,536,729.09 19.19 1,615 1,089 1,317
Treasury Coupon Securities 62,250,000,00 60,024,590.00 61,656,358.10 29.93 700 511 1.978
Treasury Discount Notes 5,000,000.00 4,923,100.00 4,919,030.42 2.39 181 152 3.365
Certificate of Deposits 33,101,000.D0 31,430,853.63 33,100,377.50 16,07 1,666 788 1.982
Corporate Notes 1,900,000.00 1,826,566.00 1,857,560.00 0.90 1,578 449 2.287
Money Market with Fiscal Agent 4,603.25 4,603.25 4,603.25 0.00 1 1 0.000
CERBT- OPEBTrust 1,660,262.83 1,660,262.83 1,660,262.83 0.81 1 1 0.000
PARS Pension Trust 9,673,786.39 9,673,786.39 9,673,786.39 4.70 1 1 0.000
206,937,687.63 199,082,737.08 206,006,742.74 100.00% 806 496 1.718
Investments
Total Earnings September 30 Month Ending Fiscal Year To Date
Current Year 264,985.32 724,468.68
Average Daily Balance 222,696,962.10 221,823,176.73
Effective Rate of Return 1.45% 1.30%
1 certify that this report accurately reflects all pooled investments and is in compliance with the California Government Code and the City Investment Policy. As Treasurer of the City of La Quinta, I hereby
certify that sufficient investment liquidity and anticipated revenues are available to meet the City's expenditure requirements for the next six months. The City of La Quinta used the monthly account
statements issued b stitu ons to determine the fair market value of investments at month end.
12/8/22
Claudia Martinez, Finance Director/City Treasurer
Reporting period 09/01/2022-09/30/2022
Run Date: 12/07/2022 - 21 43
Portfolio CITY
CP
PM (PRF_PM1) 7.3.0
Report Ver. 7.3.6.1
113
City of La Quinta
Portfolio Management
Page 1
Portfolio Details - Investments
September 30, 2022
Average
Purchase
Stated
Days to
YTM Maturity
CUSIP
Investment #
Issuer
Balance
Date
Par Value
Market Value
Book Value
Rate
Term Maturity
365 Date
Bank Accounts
SYS1293
1293
Bank of New York
09/01/2020
579,272.74
579,272.74
579,272.74
1
1
0.000
059731851
1228
Bank of the West
08/20/2019
3,201,929.33
3,201,929.33
3,201,929.33
1
1
0.000
SYS1059
1059
City Petty Cash
07/01/2016
3,300.00
3,300.00
3,300.00
1
1
0.000
SYS1318
1318
Dune Palms Mobile Estates
03/09/2021
649,720.32
649,720.32
649,720.32
1
1
0.000
SYS1062
1062
La Quinta Palms Realty
07/01/2016
405,627.44
405,627.44
405,627.44
1
1
0.000
Subtotal and Average
7,189,628.84
4,839,849.83
4,839,849.83
4,839,849.83
1
1
0.000
Local Agency Investment
Fund -City
98-33434
1055
Local Agency Inv Fund
28,728,722.48
28,308,807.15
28,728,722.48
1.513
1
1
1.513
Subtotal and Average
28,728,722.48
28,728,722.48
28,308,807.15
28,728,722.48
1
1
1.513
Local Agency Invstmnt Fund -Housing
25-33-005
1113
Local Agency Inv Fund
2,018,767.39
1,992,886.54
2,018,767.39
1.513
1
1
1.513
Subtotal and Average
2,018,767.39
2,018,767.39
1,992,886.54
2,018,767.39
1
1
1.513
Money Market Accounts - CAMP
SYS1153
1153
California Asset Management Pr
09/26/2018
18,010,695.46
18,010,695.46
18,010,695.46
2.610
1
1
2.610
Subtotal and Average
17,973,375.21
18,010,695.46
18,010,695.46
18,010,695.46
1
1
2.610
Federal Agency Coupon
Securities
3133EKQP4
1198
Federal Farm Credit Bank
06/20/2019
500,000.00
498,795.00
499,500.00
1.875
1,271
72
1.905 12/12/2022
3133ENBT6
1348
Federal Farm Credit Bank
12/07/2021
1,000,000.00
989,840.00
998,530.00
0.180
414
116
0.310 01/25/2023
3133EMX64
1340
Federal Farm Credit Bank
10/22/2021
500,000.00
489,290.00
499,002.04
0.170
553
209
0.302 04/28/2023
3133EKZK5
1223
Federal Farm Credit Bank
09/12/2019
500,000.00
488,415.00
499,400.00
1.600
1,432
317
1.632 08/14/2023
3133EJYL7
1158
Federal Farm Credit Bank
10/15/2018
250,000.00
246,655.00
247,275.00
2.800
1,786
339
3.041 09/05/2023
3133EK4X1
1234
Federal Farm Credit Bank
11/01/2019
1,000,000.00
971,280.00
996,900.00
1.600
1,461
396
1.680 11/01/2023
3130AFW94
1177
Federal Home Loan Bank
03/01/2019
500,000.00
488,740.00
498,550.00
2.500
1,810
500
2.563 02/13/2024
3133ELNEO
1246
Federal Farm Credit Bank
02/14/2020
1,000,000.00
962,060.00
999,000.00
1.430
1,461
501
1.456 02/14/2024
3133ENYH7
1401
Federal Farm Credit Bank
06/10/2022
500,000.00
486,655.00
499,080.00
2.625
731
618
2.720 06/10/2024
3135GOV75
1206
Federal National Mtg Assn
07/15/2019
500,000.00
478,845.00
495,950.00
1.750
1,814
640
1.922 07/02/2024
3133EKWV4
1212
Federal Farm Credit Bank
08/02/2019
500,000.00
477,935.00
499,500.00
1.850
1,820
664
1.871 07/26/2024
3133EKP75
1224
Federal Farm Credit Bank
09/17/2019
500,000.00
475,770.00
498,750.00
1.600
1,827
717
1.652 09/17/2024
3133ELEA8
1242
Federal Farm Credit Bank
12/17/2019
1,000,000.00
953,360.00
998,600.00
1.700
1,736
717
1.731 09/17/2024
3135GO6E8
1291
Federal National Mtg Assn
11/18/2020
500,000.00
458,740.00
499,250.00
0.420
1,461
779
0.458 11/18/2024
3133ENGN4
1355
Federal Farm Credit Bank
12/09/2021
1,000,000.00
926,650.00
1,000,000.00
0.970
1,096
800
0.970 12/09/2024
Portfolio CITY
CP
Run Date: 12/07/2022 - 21:43
PM (PRF_PM2) 7.3.0
Report Ver. 7.3.6.1
114
City of La Quinta
Portfolio Management
Portfolio Details - Investments
September 30, 2022
Page 2
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Term
Days to
Maturity
YTM
365
Maturity
Date
Federal Agency
Coupon Securities
3135GAAW1
1300
Federal National Mtg Assn
12/30/2020
500,000.00
456,405.00
500,000.00
0.400
1,461
821
0.400
12/30/2024
3130AP21.18
1353
Federal Home Loan Bank
12/07/2021
1,000,000.00
914,210.00
987,100.00
0.550
1,127
829
0.976
01/07/2025
3130AQWY5
1374
Federal Home Loan Bank
02/25/2022
1,000,000.00
935,130.00
1,000,000.00
1.700
1,095
877
1.700
02/24/2025
3135G031.15
1365
Federal National Mtg Assn
01/28/2022
500,000.00
455,705.00
487,790.00
0.625
1,180
934
1.400
04/22/2025
3134GVYG7
1279
Federal Home Loan Mtg Corp
05/27/2020
1,000,000.00
909,650.00
1,000,000.00
0.625
1,826
969
0.625
05/27/2025
3133ELH23
1280
Federal Farm Credit Bank
06/09/2020
500,000.00
452,855.00
499,850.00
0.500
1,826
982
0.506
06/09/2025
3133ELH80
1282
Federal Farm Credit Bank
06/10/2020
500,000.00
451,840.00
500,000.00
0.680
1,826
983
0.680
06/10/2025
3130AJKW8
1281
Federal Home Loan Bank
06/03/2020
500,000.00
452,990.00
499,850.00
0.500
1,836
986
0.506
06/13/2025
3130AJRP6
1283
Federal Home Loan Bank
06/30/2020
300,000.00
270,186.00
300,000.00
0.680
1,826
1,003
0.680
06/30/2025
3137EAEU9
1297
Federal Home Loan Mtg Corp
12/07/2020
1,000,000.00
897,290.00
997,300.00
0.375
1,687
1,024
0.434
07/21/2025
3137EAEU9
1361
Federal Home Loan Mtg Corp
01/05/2022
500,000.00
448,645.00
487,090.00
0.375
1,293
1,024
1.120
07/21/2025
3135G05S8
1288
Federal National Mtg Assn
08/14/2020
500,000.00
446,425.00
500,000.00
0.500
1,826
1,048
0.500
08/14/2025
3136G4M75
1290
Federal National Mtg Assn
08/28/2020
500,000.00
449,155.00
499,750.00
0.520
1,816
1,052
0.530
08/18/2025
3136G4N74
1289
Federal National Mtg Assn
08/21/2020
1,000,000.00
895,990.00
1,000,000.00
0.560
1,826
1,055
0.560
08/21/2025
3137EAEX3
1307
Federal Home Loan Mtg Corp
02/23/2021
500,000.00
446,260.00
495,999.50
0.375
1,673
1,088
0.552
09/23/2025
3137EAEX3
1310
Federal Home Loan Mtg Corp
03/30/2021
1,000,000.00
892,520.00
983,940.00
0.375
1,638
1,088
0.740
09/23/2025
3130ARGJ4
1385
Federal Home Loan Bank
04/14/2022
500,000.00
470,955.00
500,000.00
2.500
1,279
1,109
2.500
10/14/2025
3134GW5R3
1362
Federal Home Loan Mtg Corp
01/05/2022
400,000.00
356,100.00
391,360.00
0.650
1,391
1,122
1.232
10/27/2025
3135G06G3
1354
Federal National Mtg Assn
12/07/2021
1,000,000.00
890,690.00
976,300.00
0.500
1,431
1,133
1.120
11/07/2025
3135GA2Z3
1292
Federal National Mtg Assn
11/17/2020
500,000.00
442,985.00
499,250.00
0.560
1,826
1,143
0.590
11/17/2025
3130AKFA9
1298
Federal Home Loan Bank
12/07/2020
500,000.00
442,720.00
497,400.00
0.375
1,831
1,168
0.480
12/12/2025
3135GA7D7
1299
Federal National Mtg Assn
12/23/2020
500,000.00
442,020.00
500,000.00
0.600
1,826
1,179
0.600
12/23/2025
3134GXGZ1
1301
Federal Home Loan Mtg Corp
12/30/2020
500,000.00
443,920.00
500,000.00
0.550
1,826
1,186
0.550
12/30/2025
3130AKMZ6
1302
Federal Home Loan Bank
01/14/2021
500,000.00
438,995.00
500,000.00
0.510
1,826
1,201
0.510
01/14/2026
313OAKN28
1304
Federal Home Loan Bank
01/29/2021
500,000.00
438,960.00
500,000.00
0.550
1,826
1,216
0.550
01/29/2026
3130ALV92
1312
Federal Home Loan Bank
03/30/2021
500,000.00
448,875.00
500,000.00
1.050
1,826
1,276
0.938
03/30/2026
3130AMFS6
1324
Federal Home Loan Bank
06/17/2021
1,000,000.00
882,490.00
993,420.00
0.750
1,821
1,350
0.885
06/12/2026
3133EM2C5
1330
Federal Farm Credit Bank
08/10/2021
500,000.00
434,490.00
498,000.00
0.710
1,826
1,409
0.792
08/10/2026
3133EM4X7
1338
Federal Farm Credit Bank
09/28/2021
1,000,000.00
874,840.00
991,080.00
0.800
1,808
1,440
0.985
09/10/2026
3130APBM6
1337
Federal Home Loan Bank
09/30/2021
1,000,000.00
873,770.00
999,000.00
1.000
1,826
1,460
1.021
09/30/2026
3130APB46
1339
Federal Home Loan Bank
10/13/2021
1,000,000.00
871,010.00
998,250.00
0.950
1,826
1,473
0.986
10/13/2026
3134GW6C5
1359
Federal Home Loan Mtg Corp
01/05/2022
500,000.00
433,640.00
486,000.00
0.800
1,757
1,488
1.403
10/28/2026
3133ENCQ1
1344
Federal Farm Credit Bank
11/02/2021
1,000,000.00
882,760.00
1,000,000.00
1.270
1,826
1,493
1.270
11/02/2026
3130APTV7
1347
Federal Home Loan Bank
11/24/2021
500,000.00
446,405.00
499,500.00
0.700
1,826
1,515
1.489
11/24/2026
313OAQF65
1358
Federal Home Loan Bank
12/22/2021
1,000,000.00
891,450.00
999,750.00
1.250
1,825
1,542
1.255
12/21/2026
3134GWUQ7
1366
Federal Home Loan Mtg Corp
02/10/2022
1,000,000.00
856,380.00
945,570.00
0.700
1,784
1,551
1.870
12/30/2026
Portfolio CITY
CP
Run Date: 12/07/2022 -
21:43
PM (PRF_PM2) 7.3.0
115
City of La Quinta
Portfolio Management
Portfolio Details - Investments
September 30, 2022
Page 3
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Days to
Term Maturity
YTM Maturity
365 Date
Federal Agency Coupon Securities
3130AQJR5
1364
Federal Home Loan Bank
01/27/2022
1,000,000.00
883,990.00
1,000,000.00
1.500
1,826
1,579
1.500 01/27/2027
3130AQSA2
1367
Federal Home Loan Bank
02/10/2022
1,000,000.00
898,320.00
1,000,000.00
1.830
1,826
1,593
1.830 02/10/2027
3130ARGY1
1387
Federal Home Loan Bank
04/19/2022
1,000,000.00
926,090.00
1,000,000.00
2.700
1,826
1,661
2.700 04/19/2027
3130ASDV8
1409
Federal Home Loan Bank
06/28/2022
300,000.00
283,305.00
300,000.00
3.300
1,826
1,731
3.300 06/28/2027
3133ENL99
1426
Federal Farm Credit Bank
09/15/2022
1,000,000.00
966,890.00
997,492.55
3.375
1,826
1,810
3.430 09/15/2027
3133ENQ29
1433
Federal Farm Credit Bank
09/30/2022
1,000,000.00
996,400.00
996,400.00
4.000
1,825
1,824
4.080 09/29/2027
Subtotal and Average 39,205,998.77
39,750,000.00
36,386,736.00
39,536,729.09
1,615
1,089
1.317
Treasury Coupon Securities
91282CAR2
1393
U.S. Treasury
06/06/2022
4,000,000.00
3,991,960.00
3,979,880.00
0.125
147
30
1.391 10/31/2022
91282CAR2
1406
U.S. Treasury
06/13/2022
2,000,000.00
1,995,980.00
1,989,440.00
0.125
140
30
1.521 10/31/2022
9128283C2
1410
U.S. Treasury
06/29/2022
2,000,000.00
1,998,780.00
1,999,940.00
2.000
124
30
2.002 10/31/2022
9128283C2
1414
U.S. Treasury
06/30/2022
1,000,000.00
999,390.00
999,977.00
2.000
123
30
2.000 10/31/2022
91282CAX9
1403
U.S. Treasury
06/13/2022
4,000,000.00
3,980,640.00
3,972,031.25
0.125
170
60
1.642 11/30/2022
912828M80
1408
U.S. Treasury
06/28/2022
3,000,000.00
2,994,270.00
2,996,670.00
2.000
155
60
2.261 11/30/2022
912828M80
1413
U.S. Treasury
06/30/2022
2,000,000.00
1,996,180.00
1,997,980.00
2.000
153
60
2.240 11/30/2022
91282CBD2
1394
U.S. Treasury
06/06/2022
2,000,000.00
1,983,700.00
1,982,265.63
0.125
208
91
1.705 12/31/2022
91282CBD2
1402
U.S. Treasury
06/13/2022
3,000,000.00
2,975,550.00
2,972,578.13
0.125
201
91
1.812 12/31/2022
912828N30
1407
U.S. Treasury
06/28/2022
2,000,000.00
1,993,220.00
1,996,240.00
2.125
186
91
2.501 12/31/2022
912828N30
1412
U.S. Treasury
06/30/2022
2,000,000.00
1,993,220.00
1,996,680.00
2.125
184
91
2.461 12/31/2022
9128283U2
1428
U.S. Treasury
09/30/2022
3,000,000.00
2,986,860.00
2,988,390.00
2.375
123
122
3.533 01/31/2023
91282CBNO
1432
U.S. Treasury
09/30/2022
3,000,000.00
2,955,810.00
2,956,788.66
0.125
151
150
3.630 02/28/2023
91282CBU4
1349
U.S. Treasury
12/07/2021
1,000,000.00
981,680.00
996,718.75
0.125
479
181
0.376 03/31/2023
912828Q29
1431
U.S. Treasury
09/30/2022
2,000,000.00
1,976,480.00
1,977,200.00
1.500
182
181
3.824 03/31/2023
91282CCD1
1350
U.S. Treasury
12/07/2021
1,000,000.00
973,950.00
995,468.75
0.125
540
242
0.432 05/31/2023
91282CCN9
1341
U.S. Treasury
10/22/2021
500,000.00
483,495.00
497,792.97
0.125
647
303
0.375 07/31/2023
912828T26
1217
U.S. Treasury
08/21/2019
500,000.00
485,840.00
499,300.00
1.375
1,501
364
1.410 09/30/2023
91282CBA8
1351
U.S. Treasury
12/07/2021
1,000,000.00
951,760.00
990,000.00
0.125
738
440
0.623 12/15/2023
91282CBEO
1342
U.S. Treasury
10/22/2021
1,000,000.00
947,970.00
991,000.00
0.125
815
471
0.531 01/15/2024
91282CBR1
1352
U.S. Treasury
12/07/2021
1,000,000.00
943,200.00
989,800.00
0.250
829
531
0.704 03/15/2024
91282CBV2
1360
U.S. Treasury
01/05/2022
500,000.00
470,920.00
494,882.81
0.375
831
562
0.830 04/15/2024
912828XT2
1418
U.S. Treasury
05/04/2022
1,000,000.00
963,360.00
985,240.00
2.000
758
608
2.736 05/31/2024
9128282U3
1400
U.S. Treasury
06/09/2022
500,000.00
478,280.00
490,850.00
1.875
814
700
2.727 08/31/2024
91282CDB4
1343
U.S. Treasury
10/22/2021
1,000,000.00
929,920.00
996,320.00
0.625
1,089
745
0.750 10/15/2024
9128283DO
1390
U.S. Treasury
05/03/2022
1,000,000.00
960,630.00
985,190.00
2.250
912
761
2.870 10/31/2024
Run Date: 12/07/2022 - 21:43
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
116
City of La Quinta
Portfolio Management
Portfolio Details - Investments
September 30, 2022
Page 4
Average Purchase
Stated
Days to
YTM Maturity
CUSIP
Investment # Issuer
Balance Date
Par Value
Market Value
Book Value
Rate
Term Maturity
365 Date
Treasury Coupon Securities
912828YV6
1241
U.S. Treasury
12/16/2019
1,000,000.00
943,710.00
989,687.50
1.500
1,811
791
1.718 11/30/2024
91282CAT8
1311
U.S. Treasury
03/30/2021
1,000,000.00
885,740.00
977,500.00
0.250
1,676
1,126
0.750 10/31/2025
91282CAZ4
1315
U.S. Treasury
04/22/2021
500,000.00
443,380.00
492,187.50
0.375
1,683
1,156
0.720 11/30/2025
91282CBC4
1303
U.S. Treasury
01/07/2021
500,000.00
442,205.00
498,632.81
0.375
1,819
1,187
0.431 12/31/2025
91282CBH3
1309
U.S. Treasury
02/23/2021
500,000.00
440,470.00
495,100.00
0.375
1,803
1,218
0.577 01/31/2026
91282CBQ3
1319
U.S. Treasury
05/28/2021
500,000.00
441,270.00
494,165.00
0.500
1,737
1,246
0.750 02/28/2026
91282CBQ3
1382
U.S. Treasury
03/23/2022
750,000.00
661,905.00
698,025.00
0.500
1,438
1,246
2.353 02/28/2026
91282CBT7
1320
U.S. Treasury
05/28/2021
500,000.00
444,045.00
499,525.00
0.750
1,768
1,277
0.770 03/31/2026
91282CBT7
1322
U.S. Treasury
06/17/2021
500,000.00
444,045.00
498,450.00
0.750
1,748
1,277
0.816 03/31/2026
9128286S4
1383
U.S. Treasury
03/23/2022
1,000,000.00
940,200.00
999,010.00
2.375
1,499
1,307
2.400 04/30/2026
91282CCF6
1321
U.S. Treasury
06/01/2021
1,000,000.00
883,400.00
997,060.00
0.750
1,825
1,338
0.810 05/31/2026
91282CCF6
1323
U.S. Treasury
06/17/2021
500,000.00
441,700.00
497,095.00
0.750
1,809
1,338
0.870 05/31/2026
91282CCP4
1335
U.S. Treasury
09/29/2021
1,000,000.00
874,960.00
983,750.00
0.625
1,766
1,399
0.970 07/31/2026
91282CCW9
1336
U.S. Treasury
09/29/2021
1,000,000.00
877,340.00
988,500.00
0.750
1,797
1,430
0.990 08/31/2026
91282CCW9
1380
U.S. Treasury
03/22/2022
500,000.00
438,670.00
466,454.17
0.750
1,623
1,430
2.350 08/31/2026
91282CDG3
1381
U.S. Treasury
03/22/2022
500,000.00
443,535.00
473,396.82
1.125
1,684
1,491
2.350 10/31/2026
912828Z78
1369
U.S. Treasury
02/10/2022
1,000,000.00
896,840.00
986,700.00
1.500
1,816
1,583
1.781 01/31/2027
91282CEF4
1391
U.S. Treasury
05/03/2022
1,000,000.00
934,730.00
976,860.00
2.500
1,793
1,642
3.010 03/31/2027
91282CEN7
1398
U.S. Treasury
06/08/2022
500,000.00
472,130.00
495,000.00
2.750
1,787
1,672
2.971 04/30/2027
912828X88
1397
U.S. Treasury
06/07/2022
1,000,000.00
927,420.00
969,687.50
2.375
1,803
1,687
3.041 05/15/2027
91282CET4
1399
U.S. Treasury
06/08/2022
500,000.00
469,630.00
491,842.18
2.625
1,818
1,703
2.980 05/31/2027
91282CFB2
1417
U.S. Treasury
08/15/2022
1,000,000.00
942,110.00
989,460.00
2.750
1,811
1,764
2.980 07/31/2027
91282CFB2
1422
U.S. Treasury
08/29/2022
1,000,000.00
942,110.00
979,645.67
2.750
1,797
1,764
3.200 07/31/2027
Subtotal and Average
62,176,092.08
62,250,000.00
60,024,590.00
61,656,358.10
700
511
1.978
Treasury Discount Notes
912796YB9 1423 U.S. Treasury 09/02/2022 3,000,000.00 2,953,860.00 2,951,409.30 3.221 181 152 3.366 03/02/2023
912796YB9 1424 U.S. Treasury 09/02/2022 2,000,000.00 1,969,240.00 1,967,621.12 3.220 181 152 3.365 03/02/2023
Certificate of
Deposits
01859BAA3
1095
06740KLJ4
1097
62384RACO
1099
22766ACB9
1106
Run Date: 12/07/2022 - 21:43
Subtotal and Average 4,755,062.74
5,000,000.00
4,923,100.00 4,919,030.42 181 152 3.365
Alliance Credit Union
10/13/2017
245,000.00
244,896.98
245,000.00
2.250
1,826
12
2.251
10/13/2022
Barclays Bank
10/25/2017
240,000.00
239,814.75
240,000.00
2.300
1,826
24
2.291
10/25/2022
Mountain America Federal CU
11/08/2017
245,000.00
244,713.97
245,000.00
2.300
1,826
38
2.301
11/08/2022
CrossFirst Bank
11/20/2017
245,000.00
244,607.59
245,000.00
2.200
1,824
48
2.201
11/18/2022
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
117
City of La Quinta
Portfolio Management
Portfolio Details - Investments
September 30, 2022
Page 5
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Term
Days to
Maturity
YTM
365
Maturity
Date
Certificate of
Deposits
29367QCP1
1107
Enterprise Bank, NA
11/28/2017
245,000.00
244,508.09
245,000.00
2.150
1,826
58
2.151
11/28/2022
58404DCX7
1169
Medallion Bank
12/07/2018
248,000.00
247,962.33
248,000.00
3.400
1,461
67
3.402
12/07/2022
75701LAB3
1166
Red Rocks Credit Union
12/07/2018
248,000.00
247,939.02
248,000.00
3.350
1,461
67
3.352
12/07/2022
499724AB8
1110
Knoxville TVA Credit Union
12/29/2017
245,000.00
244,342.27
245,000.00
2.400
1,826
89
2.401
12/29/2022
49228XAK6
1239
Kern FCU
12/30/2019
248,000.00
246,922.08
248,000.00
1.900
1,096
90
1.902
12/30/2022
79772FACO
1240
San Francisco FCU
12/30/2019
248,000.00
246,890.93
248,000.00
1.850
1,096
90
1.852
12/30/2022
949495AT2
1244
Wells Fargo Natl Bank West
01/29/2020
248,000.00
246,407.62
248,000.00
1.900
1,097
121
1.900
01/30/2023
81768PAF3
1254
Servisfirst Bank
02/21/2020
248,000.00
245,827.43
248,000.00
1.600
1,096
143
1.601
02/21/2023
92535LCD4
1180
Verus Bank of Commerce
02/28/2019
248,000.00
246,856.35
248,000.00
2.700
1,461
150
2.700
02/28/2023
034577AH9
1119
Aneca Federal Credit Union
03/22/2018
245,000.00
243,587.95
245,000.00
2.800
1,826
172
2.802
03/22/2023
66704MEQO
1263
Northstar Bank
03/31/2020
248,000.00
243,981.26
248,000.00
1.150
1,095
181
1.150
03/31/2023
954444BS3
1265
West Michigan Cmnty Bk
03/31/2020
248,000.00
243,981.26
248,000.00
1.150
1,095
181
1.150
03/31/2023
17312QJ26
1123
Citibank NA
04/11/2018
245,000.00
243,285.40
245,000.00
2.900
1,826
192
2.902
04/11/2023
20726ABA5
1189
Congressional Bank
04/30/2019
248,000.00
245,532.08
248,000.00
2.500
1,459
209
2.502
04/28/2023
29278TAY6
1125
EnerBank USA
04/30/2018
240,000.00
238,232.88
240,000.00
2.950
1,824
209
2.952
04/28/2023
32117BCX4
1179
First National Bank
03/05/2019
248,000.00
245,647.94
248,000.00
2.800
1,522
216
2.802
05/05/2023
725404AB3
1194
Pittsfield Cooperative Bank
06/07/2019
245,000.00
241,560.43
245,000.00
2.500
1,461
249
2.502
06/07/2023
619165JD6
1173
Morton Community
03/20/2019
248,000.00
244,774.86
248,000.00
2.750
1,553
262
2.753
06/20/2023
74934YAH4
1144
RCB Bank
06/20/2018
245,000.00
242,516.65
245,000.00
3.150
1,826
262
3.152
06/20/2023
02616AAH2
1285
American First CU
06/26/2020
248,000.00
240,338.71
248,000.00
0.350
1,095
268
0.350
06/26/2023
02772JBD1
1205
American National Bank
07/19/2019
248,000.00
242,622.34
248,000.00
2.000
1,461
291
2.001
07/19/2023
32110YLK9
1147
First National Bank of America
07/20/2018
245,000.00
241,914.64
245,000.00
3.150
1,826
292
3.152
07/20/2023
06426KAN8
1151
Bank of New England
07/31/2018
249,000.00
245,885.89
249,000.00
3.250
1,826
303
3.252
07/31/2023
75472RAD3
1218
Raymond James Bank
08/23/2019
244,000.00
237,986.99
244,000.00
1.950
1,461
326
1.951
08/23/2023
89579NCD3
1262
Triad Bank
03/30/2020
248,000.00
239,658.42
248,000.00
1.350
1,278
363
1.352
09/29/2023
57116ARV2
1155
Cache Valley BK F/K/A Marlin
10/17/2018
248,000.00
244,206.53
248,000.00
3.300
1,826
381
3.302
10/17/2023
625925AR3
1160
Municipal Trust and Savings
10/17/2018
245,000.00
240,999.44
245,000.00
3.200
1,826
381
3.202
10/17/2023
90348JEJ5
1161
UBS Bank USA
10/17/2018
245,000.00
241,378.91
245,000.00
3.350
1,826
381
3.352
10/17/2023
474067AQ8
1154
Jefferson Financial CU
10/19/2018
245,000.00
241,385.18
245,000.00
3.350
1,826
383
3.352
10/19/2023
20143PDV9
1162
Commercial Bank
11/15/2018
248,000.00
244,272.28
248,000.00
3.400
1,826
410
3.402
11/15/2023
67054NAN3
1164
Numerica Credit Union
11/28/2018
248,000.00
244,583.54
248,000.00
3.550
1,826
423
3.552
11/28/2023
48115LAD6
1396
Jovia Financial Credit Union
06/07/2022
248,000.00
241,548.71
248,000.00
2.500
548
432
2.502
12/07/2023
635573AL2
1170
National Cooperative Bank, N.A
12/21/2018
245,000.00
241,089.06
245,000.00
3.400
1,826
446
3.402
12/21/2023
066851 WJ1
1172
Bar Harbor Bank and Trust
12/31/2018
248,000.00
243,812.25
248,000.00
3.350
1,824
454
3.352
12/29/2023
89269FDP7
1415
Tradition Capital
07/20/2022
246,000.00
240,628.50
246,000.00
3.000
551
478
3.008
01/22/2024
51210SQU4
1208
Lakeside Bank
07/30/2019
248,000.00
239,245.24
248,000.00
2.000
1,644
485
2.003
01/29/2024
Portfolio CITY
CP
Run Date: 12/07/2022 - 21:43
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118
City of La Quinta
Portfolio Management
Portfolio Details - Investments
September 30, 2022
Page 6
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Term
Days to
Maturity
YTM
365
Maturity
Date
Certificate of
Deposits
77579ADFO
1251
Rollstone B&T
02/12/2020
245,000.00
235,119.42
245,000.00
1.650
1,461
499
1.651
02/12/2024
66736ABP3
1181
Northwest Bank
02/13/2019
248,000.00
242,236.39
248,000.00
2.950
1,826
500
2.951
02/13/2024
949763XY7
1174
Wells Fargo
02/27/2019
248,000.00
242,252.38
248,000.00
3.000
1,826
514
3.001
02/27/2024
50625LAW3
1384
Lafayette FCU
03/30/2022
248,000.00
238,584.68
248,000.00
2.050
729
544
2.053
03/28/2024
882213AB7
1260
Texas Bank Financial
03/31/2020
245,000.00
232,420.39
245,000.00
1.100
1,458
544
1.101
03/28/2024
472382AQ3
1272
The Jefferson Bank
04/15/2020
248,000.00
235,388.37
248,000.00
1.250
1,461
562
1.251
04/15/2024
08016PDQ9
1270
Belmont Bank and Trust
04/16/2020
248,000.00
235,366.77
248,000.00
1.250
1,461
563
1.251
04/16/2024
69506YRH4
1269
Pacific Western Bank
04/16/2020
245,000.00
232,812.49
245,000.00
1.300
1,461
563
1.301
04/16/2024
56065GAG3
1188
Main Street Bank
04/26/2019
248,000.00
240,287.52
248,000.00
2.600
1,827
573
2.603
04/26/2024
33640VDD7
1231
First Service Bank
11/15/2019
248,000.00
236,607.75
248,000.00
1.700
1,643
592
1.701
05/15/2024
48128HXU7
1185
JP Morgan Chase
05/16/2019
245,000.00
239,762.96
245,000.00
3.250
1,827
593
3.254
05/16/2024
46256YAZ2
1186
Iowa State Bank
05/23/2019
245,000.00
236,409.78
245,000.00
2.400
1,827
600
2.403
05/23/2024
538036GVO
1238
Live Oak Bank
11/27/2019
248,000.00
236,768.95
248,000.00
1.800
1,644
605
1.802
05/28/2024
156634AK3
1184
Century Next Bank
05/29/2019
248,000.00
239,562.36
248,000.00
2.500
1,827
606
2.503
05/29/2024
72651LCL6
1195
Plains Commerce Bank
06/07/2019
245,000.00
236,901.01
245,000.00
2.550
1,827
615
2.553
06/07/2024
299547AQ2
1196
Evansville Teachers Credit FCU
06/12/2019
248,000.00
239,890.16
248,000.00
2.600
1,827
620
2.603
06/12/2024
524661CB9
1197
Legacy Bank
06/19/2019
248,000.00
238,972.30
248,000.00
2.400
1,827
627
2.403
06/19/2024
176688CP2
1199
Citizens State Bank
06/21/2019
248,000.00
238,944.75
248,000.00
2.400
1,827
629
2.403
06/21/2024
20416TAQ5
1202
Communitywide FCU
06/28/2019
248,000.00
238,217.42
248,000.00
2.250
1,827
636
2.253
06/28/2024
761402BY1
1203
Revere Bank
06/28/2019
247,000.00
237,529.67
247,000.00
2.300
1,827
636
2.303
06/28/2024
00257TBD7
1207
Abacus Federal Savings
07/26/2019
248,000.00
236,596.65
248,000.00
1.950
1,827
664
1.952
07/26/2024
33625CCP2
1209
First Security Bank of WA
07/30/2019
248,000.00
236,863.66
248,000.00
2.000
1,827
668
2.002
07/30/2024
710571DS6
1210
People's Bank
07/31/2019
248,000.00
236,959.88
248,000.00
2.000
1,827
669
2.002
07/31/2024
740367HP5
1213
Preferred Bank
08/16/2019
249,000.00
237,546.09
249,000.00
2.000
1,827
685
2.002
08/16/2024
33766LAJ7
1216
FirsTier Bank
08/23/2019
249,000.00
237,205.30
249,000.00
1.950
1,827
692
1.952
08/23/2024
938828BH2
1215
Washington Federal
08/23/2019
248,000.00
236,480.85
248,000.00
2.000
1,827
692
2.002
08/23/2024
336460CX6
1222
First State Bk DeQueen
08/30/2019
248,000.00
235,564.98
248,000.00
1.800
1,827
699
1.802
08/30/2024
334342CD2
1221
First Natl Bk of Syracuse
08/30/2019
249,000.00
236,746.22
249,000.00
1.850
1,827
699
1.852
08/30/2024
15118RRH2
1220
Celtic Bank
08/30/2019
248,000.00
235,795.43
248,000.00
1.850
1,827
699
1.852
08/30/2024
05580AD50
1333
BMW Bank
09/10/2021
245,000.00
227,368.89
245,000.00
0.650
1,096
710
0.651
09/10/2024
06652CHBO
1227
BankWest Inc
09/27/2019
248,000.00
234,611.11
248,000.00
1.700
1,827
727
1.702
09/27/2024
84223QAN7
1286
Southern Bancorp Bk
06/26/2020
248,000.00
228,286.00
248,000.00
0.500
1,582
755
0.500
10/25/2024
804375DL4
1235
Sauk Valley B&T Co
11/07/2019
248,000.00
234,092.95
248,000.00
1.700
1,827
768
1.702
11/07/2024
61690UNX4
1237
Morgan Stanley Bank
11/20/2019
245,000.00
232,401.06
245,000.00
1.950
1,827
781
1.952
11/20/2024
61760A3B3
1236
Morgan Stanley Private Bk, NA
11/20/2019
245,000.00
232,150.28
245,000.00
1.900
1,827
781
1.902
11/20/2024
064520BG3
1287
Bank Princeton
06/30/2020
248,000.00
226,892.36
248,000.00
0.500
1,644
821
0.500
12/30/2024
Portfolio CITY
CP
Run Date: 12/07/2022 - 21:43
PM (PRF_PM2) 7.3.0
119
City of La Quinta
Portfolio Management
Portfolio Details - Investments
September 30, 2022
Page 7
CUSIP
Investment #
Average
Issuer Balance
Purchase
Date
Par Value
Market Value
Book Value
Stated
Rate
Term
Days to
Maturity
YTM
365
Maturity
Date
Certificate of
Deposits
89388CEYO
1328
Transportation Alliance Bk TAB
07/23/2021
248,000.00
225,754.71
248,000.00
0.400
1,280
845
0.401
01/23/2025
06417NZO9
1329
Bank OZK
07/29/2021
248,000.00
225,605.28
248,000.00
0.400
1,280
851
0.401
01/29/2025
90983WBT7
1249
United Community
02/07/2020
248,000.00
232,490.35
248,000.00
1.650
1,827
860
1.652
02/07/2025
32114VBT3
1250
First National Bank Michigan
02/14/2020
248,000.00
232,370.67
248,000.00
1.650
1,827
867
1.652
02/14/2025
35637RDC8
1248
Freedom Financial
02/14/2020
248,000.00
231,804.42
248,000.00
1.550
1,827
867
1.552
02/14/2025
029728BC5
1255
American State
02/21/2020
248,000.00
231,966.04
248,000.00
1.600
1,827
874
1.602
02/21/2025
17286TAGO
1252
Citadel FCU
02/27/2020
248,000.00
232,149.32
248,000.00
1.650
1,827
880
1.652
02/27/2025
00435JBH5
1256
Access Bank
03/13/2020
248,000.00
231,709.09
248,000.00
1.600
1,826
894
1.601
03/13/2025
849430BF9
1257
Spring Bank
03/20/2020
248,000.00
231,001.24
248,000.00
1.500
1,826
901
1.501
03/20/2025
05465DAE8
1258
Axos Bank
03/26/2020
248,000.00
231,781.11
248,000.00
1.650
1,826
907
1.651
03/26/2025
020080BX4
1267
Alma Bank
03/30/2020
248,000.00
230,266.73
248,000.00
1.400
1,824
909
1.399
03/28/2025
2027506M2
1268
Commonwealth Business Bk
03/31/2020
248,000.00
229,497.25
248,000.00
1.250
1,826
912
1.251
03/31/2025
654062JZ2
1266
Nicolet Natl Bank
03/31/2020
248,000.00
230,388.81
248,000.00
1.400
1,826
912
1.401
03/31/2025
14042TDD6
1271
Capital One USA FDIC33954
04/08/2020
245,000.00
228,688.98
245,000.00
1.600
1,826
920
1.601
04/08/2025
02007GPX5
1388
Ally Bank Midvale
04/21/2022
245,000.00
234,114.48
245,000.00
2.550
1,096
933
2.550
04/21/2025
52168UHY1
1389
Leader Bank
04/22/2022
245,000.00
234,103.09
245,000.00
2.550
1,096
934
2.552
04/22/2025
32112UDR9
1274
First Natl Bk McGregor
04/28/2020
248,000.00
229,478.97
248,000.00
1.350
1,826
940
1.351
04/28/2025
32027BALl
1273
First Freedom Bank
04/29/2020
249,000.00
229,463.89
249,000.00
1.200
1,826
941
1.201
04/29/2025
33847E3A3
1276
Flagstar
04/30/2020
248,000.00
229,076.39
248,000.00
1.250
1,826
942
1.251
04/30/2025
32056GDJ6
1278
1st Internet Bank
05/11/2020
248,000.00
227,143.38
248,000.00
1.000
1,827
954
0.985
05/12/2025
95960NKD8
1277
Western State Bank
05/13/2020
245,000.00
224,539.87
245,000.00
1.000
1,826
955
1.001
05/13/2025
254673E69
1392
Discover Bank Greenwood DE CF
05/24/2022
245,000.00
237,192.83
245,000.00
3.100
1,099
969
3.103
05/27/2025
169894AS1
1284
Chippewa Valley Bk
06/24/2020
248,000.00
223,772.27
248,000.00
0.600
1,826
997
0.600
06/24/2025
307811DF3
1363
Farmers & March
01/14/2022
249,000.00
226,294.82
249,000.00
0.900
1,277
1,017
0.900
07/14/2025
70962LAF9
1331
Pentagon FCU
09/01/2021
249,000.00
224,075.52
249,000.00
0.700
1,462
1,067
0.687
09/02/2025
914242AAO
1429
University Credit Union
09/26/2022
248,000.00
245,887.43
248,000.00
4.000
1,096
1,091
3.891
09/26/2025
51507LCC6
1305
Landmark Community Bank
01/22/2021
248,000.00
218,912.70
248,000.00
0.500
1,826
1,209
0.500
01/22/2026
87270LDL4
1306
TIAA FKA EverBank
02/12/2021
245,000.00
216,109.99
245,000.00
0.500
1,826
1,230
0.500
02/12/2026
64034KAZ4
1376
Nelnet Bank
03/02/2022
245,000.00
225,982.86
245,000.00
1.800
1,461
1,248
1.801
03/02/2026
39573LBC1
1313
Greenstate FCU
04/16/2021
249,000.00
221,912.32
249,000.00
0.950
1,826
1,293
0.951
04/16/2026
89235MKY6
1314
Toyota Financial Savings Bank
04/22/2021
245,000.00
218,038.39
245,000.00
0.900
1,826
1,299
0.900
04/22/2026
14622LAAO
1316
Carter FCU
04/27/2021
248,000.00
219,144.52
248,000.00
0.750
1,826
1,304
0.750
04/27/2026
31617CAV5
1317
Fidelity Homestead
04/30/2021
248,000.00
218,752.18
248,000.00
0.700
1,826
1,307
0.711
04/30/2026
501798RP9
1356
LCA Bank Corp
12/27/2021
248,000.00
220,485.42
248,000.00
1.000
1,642
1,364
1.000
06/26/2026
92559TAJ7
1325
Vibrant Credit Union
07/02/2021
249,000.00
219,432.76
248,377.50
0.800
1,824
1,368
0.852
06/30/2026
38149MXK4
1326
Goldman Sachs
07/28/2021
248,000.00
219,982.89
248,000.00
1.000
1,826
1,396
1.001
07/28/2026
Portfolio CITY
CP
Run Date: 12/07/2022 - 21:43
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120
City of La Quinta
Portfolio Management
Portfolio Details - Investments
September 30, 2022
Page 8
Average
Purchase
Stated
Days to
YTM
Maturity
CUSIP
Investment # Issuer Balance
Date
Par Value
Market Value
Book Value
Rate
Term
Maturity
365
Date
Certificate of
Deposits
795451AFO
1327
Sallie Mae Bank Salt Lake Clty
07/28/2021
248,000.00
219,982.89
248,000.00
1.000
1,826
1,396
1.001
07/28/2026
87165ET98
1332
Synchrony Bank Retail
09/03/2021
245,000.00
215,954.83
245,000.00
0.900
1,826
1,433
0.900
09/03/2026
20786ADL6
1334
Connect One
09/24/2021
248,000.00
217,050.34
248,000.00
0.800
1,826
1,454
0.800
09/24/2026
59013KPNO
1345
Merrick Bank
11/09/2021
249,000.00
220,049.88
249,000.00
1.100
1,826
1,500
1.101
11/09/2026
14042RQBO
1346
Capital One Natl Assn FDIC4297
11/17/2021
248,000.00
219,242.72
248,000.00
1.100
1,826
1,508
1.101
11/17/2026
20825WAR1
1357
Connexus CU
12/23/2021
249,000.00
220,813.92
249,000.00
1.250
1,826
1,544
1.250
12/23/2026
89786MAF1
1368
True Sky FCU
02/04/2022
245,000.00
220,335.36
245,000.00
1.600
1,826
1,587
1.601
02/04/2027
02357QAQO
1372
Amerant Bank
02/14/2022
245,000.00
220,167.48
245,000.00
1.600
1,828
1,599
1.601
02/16/2027
07371AYE7
1370
Beal Bank TX
02/23/2022
245,000.00
223,111.47
245,000.00
1.900
1,820
1,600
1.901
02/17/2027
073710E88
1371
Beal Bank USA
02/23/2022
245,000.00
223,111.47
245,000.00
1.900
1,820
1,600
1.901
02/17/2027
59161YAP1
1373
Metro Credit Union
02/18/2022
249,000.00
224,557.25
249,000.00
1.700
1,826
1,601
1.701
02/18/2027
24773RCR4
1377
Delta Natl B&T
03/09/2022
245,000.00
224,004.14
245,000.00
2.000
1,814
1,608
2.001
02/25/2027
27004PCM3
1375
Eaglemark Savings
03/02/2022
245,000.00
224,022.24
245,000.00
2.000
1,826
1,613
2.001
03/02/2027
91139LAB2
1378
United Roosevelt Savings
03/11/2022
248,000.00
225,480.00
248,000.00
1.900
1,826
1,622
1.901
03/11/2027
565819AG4
1379
Marathon Bnak
03/16/2022
248,000.00
224,395.00
248,000.00
1.800
1,826
1,627
1.801
03/16/2027
20033A3A2
1386
Comenity Capital Bank
04/14/2022
248,000.00
232,919.44
248,000.00
2.650
1,826
1,656
2.652
04/14/2027
397417AQ9
1419
Greenwoods State Bank
05/17/2022
248,000.00
236,958.86
248,000.00
3.050
1,826
1,689
3.052
05/17/2027
02589ADH2
1421
American Express, NB
08/29/2022
245,000.00
238,207.39
245,000.00
3.450
1,793
1,760
3.067
07/27/2027
88413QDN5
1420
Third Federal Savings and Loan
08/19/2022
245,000.00
236,584.68
245,000.00
3.300
1,826
1,783
3.302
08/19/2027
732329BD8
1425
Ponce Bank
09/15/2022
248,000.00
241,656.61
248,000.00
3.500
1,826
1,810
3.502
09/15/2027
052392BT3
1427
Austin Telco FCU
09/21/2022
248,000.00
245,027.63
248,000.00
3.800
1,826
1,816
3.770
09/21/2027
22258JAB7
1430
County Schools FCU
09/30/2022
248,000.00
251,905.08
248,000.00
4.400
1,826
1,825
4.325
09/30/2027
Subtotal and Average 32,339,844.17
33,101,000.00
31,430,853.63
33,100,377.50
1,666
788
1.982
Corporate Notes
931142DU4
1190
Wal-Mart Stores, Inc
04/16/2019
500,000.00
498,680.00
496,650.00
2.350
1,339
75
2.799
12/15/2022
19416QEA4
1175
Colgate-Palmolive
03/04/2019
500,000.00
496,700.00
485,250.00
1.950
1,430
123
2.751
02/01/2023
594918BQ6
1157
Microsoft Corporation
10/15/2018
400,000.00
392,436.00
378,360.00
2.000
1,758
311
3.222
08/08/2023
45950VPS9
1308
International Finance Corp.
02/26/2021
500,000.00
438,750.00
497,300.00
0.500
1,826
1,244
0.610
02/26/2026
Subtotal and Average 1,857,560.00
1,900,000.00
1,826,566.00
1,857,560.00
1,578
449
2.287
Money Market with
Fiscal
Agent
SYS1058
1058
US Bank
07/01/2016
4,603.25
4,603.25
4,603.25
1
1
0.000
Subtotal and Average 14,474,223.68
4,603.25
4,603.25
4,603.25
1
1
0.000
Run Date: 12/07/2022 - 21:43
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
121
City of La Quinta
Portfolio Management Page
Portfolio Details - Investments
September 30, 2022
Average Purchase Stated Days to YTM Maturity
CUSIP Investment # Issuer Balance Date Par Value Market Value Book Value Rate Term Maturity 365 Date
CERBT - OPEB Trust
SYS1114 1114 CaIPERS CERBT Plan 07/01/2022 1,660,262.83 1,660,262.83 1,660,262.83 1 1 0.000
Subtotal and Average 1,787,756.62 1,660,262.83 1,660,262.83 1,660,262.83 1 1 0.000
PARS Pension Trust
SYS1230 1230
Run Date: 12/07/2022 - 21:43
Pblc Agncy Rtrmnt Sery
Subtotal and Average
10,189,930.12
Total and Average 222,696,962.10
9,673,786.39
9,673,786.39
9,673,786.39
9,673,786.39
9,673,786.39 1 1 0.000
9,673,786.39 1 1 0.000
206,937,687.63 199,082,737.08 206,006,742.74
806 496 1.718
Portfolio CITY
CID
PM (PRF_PM2) 7.3.0
122
t(VQr(lu
GEM of the DESERT -
City of La Quinta
Total Earnings
Sorted by Fund - Fund
September 1, 2022 - September 30, 2022
City of La Quinta
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
98-33-434
1055
101
LAIF
28,728,722.48
28,728,722.48
28,728,722.48
1.513
1.350
31,885.14
0.00
0.00
31,885.14
SYS1059
1059
101
CITYPC
3,300.00
3,300.00
3,300.00
0.00
0.00
0.00
0.00
01859BAA3
1095
101
ALLIAN
245,000.00
245,000.00
245,000.00
2.250
2.250
453.08
0.00
0.00
453.08
06740KLJ4
1097
101
BARCLY
240,000.00
240,000.00
240,000.00
2.300
2.300
453.70
0.00
0.00
453.70
62384RACO
1099
101
MTNAMR
245,000.00
245,000.00
245,000.00
2.300
2.300
463.15
0.00
0.00
463.15
22766ACB9
1106
101
CRS1ST
245,000.00
245,000.00
245,000.00
2.200
2.200
443.01
0.00
0.00
443.01
29367QCP1
1107
101
ENTRPR
245,000.00
245,000.00
245,000.00
2.150
2.150
432.95
0.00
0.00
432.95
499724AB8
1110
101
KNOX
245,000.00
245,000.00
245,000.00
2.400
2.400
483.29
0.00
0.00
483.29
SYS1114
1114
101
CALPRS
1,660,262.83
1,792,152.96
1,660,262.83
0.00
0.00
0.00
0.00
034577AH9
1119
101
ANECA
245,000.00
245,000.00
245,000.00
2.800
2.800
563.83
0.00
0.00
563.83
17312QJ26
1123
101
CITINA
245,000.00
245,000.00
245,000.00
2.900
2.900
583.97
0.00
0.00
583.97
29278TAY6
1125
101
ENER
240,000.00
240,000.00
240,000.00
2.950
2.950
581.92
0.00
0.00
581.92
74934YAH4
1144
101
RCB
245,000.00
245,000.00
245,000.00
3.150
3.150
634.32
0.00
0.00
634.32
32110YLK9
1147
101
1STNBA
245,000.00
245,000.00
245,000.00
3.150
3.150
634.32
0.00
0.00
634.32
06426KAN8
1151
101
NWENGL
249,000.00
249,000.00
249,000.00
3.250
3.250
665.14
0.00
0.00
665.14
SYS1153
1153
101
CAMP
18,010,695.46
17,972,088.30
18,010,695.46
2.610
2.614
38,607.16
0.00
0.00
38,607.16
474067AQ8
1154
101
JEFF
245,000.00
245,000.00
245,000.00
3.350
3.350
674.59
0.00
0.00
674.59
57116ARV2
1155
101
MARBUS
248,000.00
248,000.00
248,000.00
3.300
3.300
672.66
0.00
0.00
672.66
594918BQ6
1157
101
MCRSFT
400,000.00
378,360.00
378,360.00
2.000
2.144
666.67
0.00
0.00
666.67
3133EJYL7
1158
101
FFCB
250,000.00
247,275.00
247,275.00
2.800
2.870
583.34
0.00
0.00
583.34
625925AR3
1160
101
MUNTRS
245,000.00
245,000.00
245,000.00
3.200
3.200
644.38
0.00
0.00
644.38
90348JEJ5
1161
101
UBS
245,000.00
245,000.00
245,000.00
3.350
3.350
674.59
0.00
0.00
674.59
20143PDV9
1162
101
COMMBK
248,000.00
248,000.00
248,000.00
3.400
3.400
693.04
0.00
0.00
693.04
67054NAN3
1164
101
NMRCA
248,000.00
248,000.00
248,000.00
3.550
3.550
723.62
0.00
0.00
723.62
75701LAB3
1166
101
REDRCK
248,000.00
248,000.00
248,000.00
3.350
3.350
682.85
0.00
0.00
682.85
58404DCX7
1169
101
MEDBA
248,000.00
248,000.00
248,000.00
3.400
3.400
693.04
0.00
0.00
693.04
635573AL2
1170
101
NLCOOP
245,000.00
245,000.00
245,000.00
3.400
3.400
684.66
0.00
0.00
684.66
066851WJ1
1172
101
BARHAR
248,000.00
248,000.00
248,000.00
3.350
3.350
682.85
0.00
0.00
682.85
619165JD6
1173
101
MORTN
248,000.00
248,000.00
248,000.00
2.750
2.750
560.55
0.00
0.00
560.55
Run Date: 12/07/2022 - 22:12
Portfolio CITY
CP
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
123
City of La Quinta
Total Earnings Page 2
September 1, 2022 - September 30, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
949763XY7
1174
101
WELLS
248,000.00
248,000.00
248,000.00
3.000
3.000
611.51
0.00
0.00
611.51
19416QEA4
1175
101
COLGTE
500,000.00
485,250.00
485,250.00
1.950
2.037
812.50
0.00
0.00
812.50
3130AFW94
1177
101
FHLB
500,000.00
498,550.00
498,550.00
2.500
2.542
1,041.67
0.00
0.00
1,041.67
9128282W9
1178
101
USTR
0.00
489,687.50
0.00
1.875
28.415
742.83
0.00
10,312.50
11,055.33
32117BCX4
1179
101
1STNBK
248,000.00
248,000.00
248,000.00
2.800
2.800
570.74
0.00
0.00
570.74
92535LCD4
1180
101
VERUS
248,000.00
248,000.00
248,000.00
2.700
2.700
550.35
0.00
0.00
550.35
66736ABP3
1181
101
NRTHWS
248,000.00
248,000.00
248,000.00
2.950
2.950
601.32
0.00
0.00
601.32
156634AK3
1184
101
CENTNX
248,000.00
248,000.00
248,000.00
2.500
2.500
509.60
0.00
0.00
509.60
48128HXU7
1185
101
JPMORG
245,000.00
245,000.00
245,000.00
3.250
3.250
654.45
0.00
0.00
654.45
46256YAZ2
1186
101
IOWAST
245,000.00
245,000.00
245,000.00
2.400
2.400
483.28
0.00
0.00
483.28
56065GAG3
1188
101
MAINST
248,000.00
248,000.00
248,000.00
2.600
2.600
529.97
0.00
0.00
529.97
20726ABA5
1189
101
CONGRS
248,000.00
248,000.00
248,000.00
2.500
2.500
509.59
0.00
0.00
509.59
931142DU4
1190
101
WALMRT
500,000.00
496,650.00
496,650.00
2.350
2.399
979.16
0.00
0.00
979.16
725404AB3
1194
101
PITTS
245,000.00
245,000.00
245,000.00
2.500
2.500
503.43
0.00
0.00
503.43
72651LCL6
1195
101
PLAINS
245,000.00
245,000.00
245,000.00
2.550
2.550
513.50
0.00
0.00
513.50
299547AQ2
1196
101
EVNSCU
248,000.00
248,000.00
248,000.00
2.600
2.600
529.97
0.00
0.00
529.97
524661CB9
1197
101
LEGCY
248,000.00
248,000.00
248,000.00
2.400
2.400
489.21
0.00
0.00
489.21
3133EKQP4
1198
101
FFCB
500,000.00
499,500.00
499,500.00
1.875
1.903
781.25
0.00
0.00
781.25
176688CP2
1199
101
CTZNST
248,000.00
248,000.00
248,000.00
2.400
2.400
489.20
0.00
0.00
489.20
20416TAQ5
1202
101
COMMW
248,000.00
248,000.00
248,000.00
2.250
2.250
458.63
0.00
0.00
458.63
761402BY1
1203
101
REVER
247,000.00
247,000.00
247,000.00
2.300
2.300
466.94
0.00
0.00
466.94
02772JBD1
1205
101
AMRNTL
248,000.00
248,000.00
248,000.00
2.000
2.000
407.67
0.00
0.00
407.67
3135GOV75
1206
101
FNMA
500,000.00
495,950.00
495,950.00
1.750
1.789
729.16
0.00
0.00
729.16
00257TBD7
1207
101
ABACUS
248,000.00
248,000.00
248,000.00
1.950
1.950
397.48
0.00
0.00
397.48
51210SQU4
1208
101
LKSIDE
248,000.00
248,000.00
248,000.00
2.000
2.000
407.67
0.00
0.00
407.67
33625CCP2
1209
101
1STSEC
248,000.00
248,000.00
248,000.00
2.000
2.000
407.67
0.00
0.00
407.67
710571DS6
1210
101
PEOPLE
248,000.00
248,000.00
248,000.00
2.000
2.000
407.67
0.00
0.00
407.67
3133EKWV4
1212
101
FFCB
500,000.00
499,500.00
499,500.00
1.850
1.878
770.83
0.00
0.00
770.83
740367HP5
1213
101
PREFRD
249,000.00
249,000.00
249,000.00
2.000
2.000
409.32
0.00
0.00
409.32
938828BH2
1215
101
WSHFED
248,000.00
248,000.00
248,000.00
2.000
2.000
407.67
0.00
0.00
407.67
33766LAJ7
1216
101
1STIER
249,000.00
249,000.00
249,000.00
1.950
1.950
399.08
0.00
0.00
399.08
912828T26
1217
101
USTR
500,000.00
499,300.00
499,300.00
1.375
1.373
563.63
0.00
0.00
563.63
75472RAD3
1218
101
RAYJAM
244,000.00
244,000.00
244,000.00
1.950
1.950
391.07
0.00
0.00
391.07
15118RRH2
1220
101
CELTIC
248,000.00
248,000.00
248,000.00
1.850
1.850
377.10
0.00
0.00
377.10
334342CD2
1221
101
1STNBS
249,000.00
249,000.00
249,000.00
1.850
1.850
378.62
0.00
0.00
378.62
336460CX6
1222
101
1STDQN
248,000.00
248,000.00
248,000.00
1.800
1.800
366.90
0.00
0.00
366.90
3133EKZK5
1223
101
FFCB
500,000.00
499,400.00
499,400.00
1.600
1.624
666.66
0.00
0.00
666.66
Run Date: 12/07/2022 - 22:12
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
124
City of La Quinta
Total Earnings Page 3
September 1, 2022 - September 30, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
3133EKP75
1224
101
FFCB
500,000.00
498,750.00
498,750.00
1.600
1.626
666.67
0.00
0.00
666.67
06652CHBO
1227
101
BNKWST
248,000.00
248,000.00
248,000.00
1.700
1.700
346.52
0.00
0.00
346.52
059731851
1228
101
BOTW
3,201,929.33
5,048,779.42
3,201,929.33
0.01
0.00
0.00
0.01
SYS1230
1230
101
PARS
9,673,786.39
10,207,728.18
9,673,786.39
0.00
0.00
0.00
0.00
33640VDD7
1231
101
1STSER
248,000.00
248,000.00
248,000.00
1.700
1.700
346.52
0.00
0.00
346.52
3135GOW33
1233
101
FNMA
0.00
992,100.00
0.00
1.375
59.534
190.97
0.00
7,900.00
8,090.97
3133EK4X1
1234
101
FFCB
1,000,000.00
996,900.00
996,900.00
1.600
1.627
1,333.34
0.00
0.00
1,333.34
804375DL4
1235
101
SAUKVL
248,000.00
248,000.00
248,000.00
1.700
1.700
346.52
0.00
0.00
346.52
6176OA3133
1236
101
MSPRIV
245,000.00
245,000.00
245,000.00
1.900
1.900
382.60
0.00
0.00
382.60
6169OUNX4
1237
101
MORGST
245,000.00
245,000.00
245,000.00
1.950
1.950
392.67
0.00
0.00
392.67
538036GVO
1238
101
LIVEOK
248,000.00
248,000.00
248,000.00
1.800
1.800
366.90
0.00
0.00
366.90
49228XAK6
1239
101
KERNCU
248,000.00
248,000.00
248,000.00
1.900
1.900
387.29
0.00
0.00
387.29
79772FACO
1240
101
SF FCU
248,000.00
248,000.00
248,000.00
1.850
1.850
377.10
0.00
0.00
377.10
912828YV6
1241
101
USTR
1,000,000.00
989,687.50
989,687.50
1.500
1.511
1,229.50
0.00
0.00
1,229.50
3133ELEA8
1242
101
FFCB
1,000,000.00
998,600.00
998,600.00
1.700
1.726
1,416.67
0.00
0.00
1,416.67
949495AT2
1244
101
WFNBW
248,000.00
248,000.00
248,000.00
1.900
1.900
387.29
0.00
0.00
387.29
3133ELNEO
1246
101
FFCB
1,000,000.00
999,000.00
999,000.00
1.430
1.451
1,191.66
0.00
0.00
1,191.66
3133EGWJO
1247
101
FFCB
0.00
999,217.36
0.00
1.400
2.442
1,088.89
0.00
782.64
1,871.53
35637RDC8
1248
101
FRDMFI
248,000.00
248,000.00
248,000.00
1.550
1.550
315.95
0.00
0.00
315.95
90983WBT7
1249
101
UNTDCM
248,000.00
248,000.00
248,000.00
1.650
1.650
336.33
0.00
0.00
336.33
32114VBT3
1250
101
1STNM1
248,000.00
248,000.00
248,000.00
1.650
1.650
336.33
0.00
0.00
336.33
77579ADFO
1251
101
RLLSTN
245,000.00
245,000.00
245,000.00
1.650
1.650
332.26
0.00
0.00
332.26
17286TAGO
1252
101
CITADL
248,000.00
248,000.00
248,000.00
1.650
1.650
336.33
0.00
0.00
336.33
81768PAF3
1254
101
SERVIS
248,000.00
248,000.00
248,000.00
1.600
1.600
326.14
0.00
0.00
326.14
029728BC5
1255
101
AMERST
248,000.00
248,000.00
248,000.00
1.600
1.600
326.14
0.00
0.00
326.14
00435JBH5
1256
101
ACCSS
248,000.00
248,000.00
248,000.00
1.600
1.600
326.14
0.00
0.00
326.14
849430BF9
1257
101
SPRING
248,000.00
248,000.00
248,000.00
1.500
1.500
305.76
0.00
0.00
305.76
05465DAE8
1258
101
AXOS
248,000.00
248,000.00
248,000.00
1.650
1.650
336.33
0.00
0.00
336.33
882213AB7
1260
101
TEXAS
245,000.00
245,000.00
245,000.00
1.100
1.100
221.50
0.00
0.00
221.50
89579NCD3
1262
101
TRIAD
248,000.00
248,000.00
248,000.00
1.350
1.350
275.18
0.00
0.00
275.18
66704MEQO
1263
101
NRTHSR
248,000.00
248,000.00
248,000.00
1.150
1.150
234.41
0.00
0.00
234.41
954444BS3
1265
101
WESTMI
248,000.00
248,000.00
248,000.00
1.150
1.150
234.41
0.00
0.00
234.41
654062JZ2
1266
101
NCOLET
248,000.00
248,000.00
248,000.00
1.400
1.400
285.37
0.00
0.00
285.37
020080BX4
1267
101
ALMABK
248,000.00
248,000.00
248,000.00
1.400
1.400
285.37
0.00
0.00
285.37
2027506M2
1268
101
CMWBUS
248,000.00
248,000.00
248,000.00
1.250
1.250
254.79
0.00
0.00
254.79
69506YRH4
1269
101
PACWST
245,000.00
245,000.00
245,000.00
1.300
1.300
261.78
0.00
0.00
261.78
08016PDQ9
1270
101
BELB&T
248,000.00
248,000.00
248,000.00
1.250
1.250
254.79
0.00
0.00
254.79
Run Date: 12/07/2022 - 22:12
Portfolio CITY
CP
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
125
City of La Quinta
Total Earnings Page 4
September 1, 2022 - September 30, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
14042TDD6
1271
101
CAPONE
245,000.00
245,000.00
245,000.00
1.600
1.600
322.19
0.00
0.00
322.19
472382AQ3
1272
101
THEJEF
248,000.00
248,000.00
248,000.00
1.250
1.250
254.80
0.00
0.00
254.80
32027BALl
1273
101
1STFDM
249,000.00
249,000.00
249,000.00
1.200
1.200
245.60
0.00
0.00
245.60
32112UDR9
1274
101
1STMCG
248,000.00
248,000.00
248,000.00
1.350
1.350
275.18
0.00
0.00
275.18
33847E3A3
1276
101
FLGSTR
248,000.00
248,000.00
248,000.00
1.250
1.250
254.80
0.00
0.00
254.80
95960NKD8
1277
101
WSTRNS
245,000.00
245,000.00
245,000.00
1.000
1.000
201.37
0.00
0.00
201.37
32056GDJ6
1278
101
1STINT
248,000.00
248,000.00
248,000.00
1.000
1.000
203.84
0.00
0.00
203.84
3134GVYG7
1279
101
FHLMC
1,000,000.00
1,000,000.00
1,000,000.00
0.625
0.634
520.84
0.00
0.00
520.84
3133ELH23
1280
101
FFCB
500,000.00
499,850.00
499,850.00
0.500
0.507
208.34
0.00
0.00
208.34
3130AJKW8
1281
101
FHLB
500,000.00
499,850.00
499,850.00
0.500
0.507
208.33
0.00
0.00
208.33
3133ELH80
1282
101
FFCB
500,000.00
500,000.00
500,000.00
0.680
0.689
283.33
0.00
0.00
283.33
3130AJRP6
1283
101
FHLB
300,000.00
300,000.00
300,000.00
0.680
0.689
170.00
0.00
0.00
170.00
169894AS1
1284
101
CHIPVA
248,000.00
248,000.00
248,000.00
0.600
0.600
122.30
0.00
0.00
122.30
02616AAH2
1285
101
AMR1ST
248,000.00
248,000.00
248,000.00
0.350
0.350
71.34
0.00
0.00
71.34
84223QAN7
1286
101
STHRNB
248,000.00
248,000.00
248,000.00
0.500
0.500
101.92
0.00
0.00
101.92
064520BG3
1287
101
BKPRNC
248,000.00
248,000.00
248,000.00
0.500
0.500
101.92
0.00
0.00
101.92
3135G05S8
1288
101
FNMA
500,000.00
500,000.00
500,000.00
0.500
0.507
208.33
0.00
0.00
208.33
3136G4N74
1289
101
FNMA
1,000,000.00
1,000,000.00
1,000,000.00
0.560
0.568
466.66
0.00
0.00
466.66
3136G4M75
1290
101
FNMA
500,000.00
499,750.00
499,750.00
0.520
0.527
216.67
0.00
0.00
216.67
3135G06E8
1291
101
FNMA
500,000.00
499,250.00
499,250.00
0.420
0.426
175.00
0.00
0.00
175.00
3135GA2Z3
1292
101
FNMA
500,000.00
499,250.00
499,250.00
0.560
0.569
233.33
0.00
0.00
233.33
SYS1293
1293
101
BNY
579,272.74
5,796,058.77
579,272.74
0.00
0.00
0.00
0.00
3137EAEU9
1297
101
FHLMC
1,000,000.00
997,300.00
997,300.00
0.375
0.381
312.50
0.00
0.00
312.50
3130AKFA9
1298
101
FHLB
500,000.00
497,400.00
497,400.00
0.375
0.382
156.25
0.00
0.00
156.25
3135GA7D7
1299
101
FNMA
500,000.00
500,000.00
500,000.00
0.600
0.608
250.00
0.00
0.00
250.00
3135GAAW1
1300
101
FNMA
500,000.00
500,000.00
500,000.00
0.400
0.406
166.67
0.00
0.00
166.67
3134GXGZ1
1301
101
FHLMC
500,000.00
500,000.00
500,000.00
0.550
0.558
229.17
0.00
0.00
229.17
3130AKMZ6
1302
101
FHLB
500,000.00
500,000.00
500,000.00
0.510
0.517
212.50
0.00
0.00
212.50
91282CBC4
1303
101
USTR
500,000.00
498,632.81
498,632.81
0.375
0.373
152.86
0.00
0.00
152.86
3130AKN28
1304
101
FHLB
500,000.00
500,000.00
500,000.00
0.550
0.558
229.17
0.00
0.00
229.17
51507LCC6
1305
101
LNDMRK
248,000.00
248,000.00
248,000.00
0.500
0.500
101.92
0.00
0.00
101.92
87270LDL4
1306
101
EVRBA
245,000.00
245,000.00
245,000.00
0.500
0.500
100.69
0.00
0.00
100.69
3137EAEX3
1307
101
FHLMC
500,000.00
495,999.50
495,999.50
0.375
0.383
156.25
0.00
0.00
156.25
45950VPS9
1308
101
IFC
500,000.00
497,300.00
497,300.00
0.500
0.499
203.81
0.00
0.00
203.81
91282CBH3
1309
101
USTR
500,000.00
495,100.00
495,100.00
0.375
0.376
152.86
0.00
0.00
152.86
3137EAEX3
1310
101
FHLMC
1,000,000.00
983,940.00
983,940.00
0.375
0.386
312.50
0.00
0.00
312.50
91282CAT8
1311
101
USTR
1,000,000.00
977,500.00
977,500.00
0.250
0.254
203.81
0.00
0.00
203.81
Run Date: 12/07/2022 - 22:12
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
126
City of La Quinta
Total Earnings Page 5
September 1, 2022 - September 30, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
3130ALV92
1312
101
FHLB
500,000.00
500,000.00
500,000.00
1.050
1.065
437.50
0.00
0.00
437.50
39573LBC1
1313
101
GRNST
249,000.00
249,000.00
249,000.00
0.950
0.950
194.42
0.00
0.00
194.42
89235MKY6
1314
101
TOYFSB
245,000.00
245,000.00
245,000.00
0.900
0.900
181.24
0.00
0.00
181.24
91282CAZ4
1315
101
USTR
500,000.00
492,187.50
492,187.50
0.375
0.380
153.69
0.00
0.00
153.69
14622LAA0
1316
101
CARTER
248,000.00
248,000.00
248,000.00
0.750
0.750
152.88
0.00
0.00
152.88
31617CAV5
1317
101
FIDHMS
248,000.00
248,000.00
248,000.00
0.700
0.700
142.68
0.00
0.00
142.68
SYS1318
1318
101
DPME
649,720.32
649,117.42
649,720.32
0.00
0.00
0.00
0.00
91282CBQ3
1319
101
USTR
500,000.00
494,165.00
494,165.00
0.500
0.510
207.18
0.00
0.00
207.18
91282CBT7
1320
101
USTR
500,000.00
499,525.00
499,525.00
0.750
0.749
307.43
0.00
0.00
307.43
91282CCF6
1321
101
USTR
1,000,000.00
997,060.00
997,060.00
0.750
0.750
614.75
0.00
0.00
614.75
91282CBT7
1322
101
USTR
500,000.00
498,450.00
498,450.00
0.750
0.750
307.43
0.00
0.00
307.43
91282CCF6
1323
101
USTR
500,000.00
497,095.00
497,095.00
0.750
0.752
307.38
0.00
0.00
307.38
3130AMFS6
1324
101
FHLB
1,000,000.00
993,420.00
993,420.00
0.750
0.765
625.00
0.00
0.00
625.00
92559TAJ7
1325
101
VIBRNT
249,000.00
248,377.50
248,377.50
0.800
0.802
163.73
0.00
0.00
163.73
38149MXK4
1326
101
GLDMAN
248,000.00
248,000.00
248,000.00
1.000
1.000
203.83
0.00
0.00
203.83
795451AFO
1327
101
SALMAE
248,000.00
248,000.00
248,000.00
1.000
1.000
203.83
0.00
0.00
203.83
89388CEY0
1328
101
TABBK
248,000.00
248,000.00
248,000.00
0.400
0.400
81.53
0.00
0.00
81.53
06417NZQ9
1329
101
BKOZK
248,000.00
248,000.00
248,000.00
0.400
0.400
81.53
0.00
0.00
81.53
3133EM2C5
1330
101
FFCB
500,000.00
498,000.00
498,000.00
0.710
0.723
295.84
0.00
0.00
295.84
70962LAF9
1331
101
PENTGN
249,000.00
249,000.00
249,000.00
0.700
0.700
143.26
0.00
0.00
143.26
87165ET98
1332
101
SYNCHR
245,000.00
245,000.00
245,000.00
0.900
0.900
181.23
0.00
0.00
181.23
05580AD50
1333
101
BMW
245,000.00
245,000.00
245,000.00
0.650
0.650
130.89
0.00
0.00
130.89
20786ADL6
1334
101
CONNEC
248,000.00
248,000.00
248,000.00
0.800
0.800
163.06
0.00
0.00
163.06
91282CCP4
1335
101
USTR
1,000,000.00
983,750.00
983,750.00
0.625
0.630
509.51
0.00
0.00
509.51
91282CCW9
1336
101
USTR
1,000,000.00
988,500.00
988,500.00
0.750
0.765
621.55
0.00
0.00
621.55
3130APBM6
1337
101
FHLB
1,000,000.00
999,000.00
999,000.00
1.000
1.015
833.34
0.00
0.00
833.34
3133EM4X7
1338
101
FFCB
1,000,000.00
991,080.00
991,080.00
0.800
0.818
666.67
0.00
0.00
666.67
3130APB46
1339
101
FHLB
1,000,000.00
998,250.00
998,250.00
0.950
0.965
791.66
0.00
0.00
791.66
3133EMX64
1340
101
FFCB
500,000.00
499,002.04
499,002.04
0.170
0.173
70.83
0.00
0.00
70.83
91282CCN9
1341
101
USTR
500,000.00
497,792.97
497,792.97
0.125
0.125
50.95
0.00
0.00
50.95
91282CBE0
1342
101
USTR
1,000,000.00
991,000.00
991,000.00
0.125
0.125
101.91
0.00
0.00
101.91
91282CDB4
1343
101
USTR
1,000,000.00
996,320.00
996,320.00
0.625
0.626
512.30
0.00
0.00
512.30
3133ENCQ1
1344
101
FFCB
1,000,000.00
1,000,000.00
1,000,000.00
1.270
1.288
1,058.33
0.00
0.00
1,058.33
59013KPN0
1345
101
MRRCK
249,000.00
249,000.00
249,000.00
1.100
1.100
225.12
0.00
0.00
225.12
14042RQB0
1346
101
CAP1 NA
248,000.00
248,000.00
248,000.00
1.100
1.100
224.22
0.00
0.00
224.22
3130APTV7
1347
101
FHLB
500,000.00
499,500.00
499,500.00
0.700
0.710
291.66
0.00
0.00
291.66
3133ENBT6
1348
101
FFCB
1,000,000.00
998,530.00
998,530.00
0.180
0.183
150.00
0.00
0.00
150.00
Run Date: 12/07/2022 - 22:12
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
127
City of La Quinta
Total Earnings Page 6
September 1, 2022 - September 30, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
91282CBU4
1349
101
USTR
1,000,000.00
996,718.75
996,718.75
0.125
0.125
102.47
0.00
0.00
102.47
91282CCD1
1350
101
USTR
1,000,000.00
995,468.75
995,468.75
0.125
0.125
102.46
0.00
0.00
102.46
91282CBA8
1351
101
USTR
1,000,000.00
990,000.00
990,000.00
0.125
0.126
102.46
0.00
0.00
102.46
91282CBR1
1352
101
USTR
1,000,000.00
989,800.00
989,800.00
0.250
0.253
205.61
0.00
0.00
205.61
3130AP21.18
1353
101
FHLB
1,000,000.00
987,100.00
987,100.00
0.550
0.565
458.33
0.00
0.00
458.33
3135G06G3
1354
101
FNMA
1,000,000.00
976,300.00
976,300.00
0.500
0.519
416.67
0.00
0.00
416.67
3133ENGN4
1355
101
FFCB
1,000,000.00
1,000,000.00
1,000,000.00
0.970
0.983
808.34
0.00
0.00
808.34
501798RP9
1356
101
LCA
248,000.00
248,000.00
248,000.00
1.000
1.000
203.84
0.00
0.00
203.84
20825WAR1
1357
101
CNNXS
249,000.00
249,000.00
249,000.00
1.250
1.250
255.82
0.00
0.00
255.82
3130AQF65
1358
101
FHLB
1,000,000.00
999,750.00
999,750.00
1.250
1.268
1,041.66
0.00
0.00
1,041.66
3134GW6C5
1359
101
FHLMC
500,000.00
486,000.00
486,000.00
0.800
0.834
333.33
0.00
0.00
333.33
91282CBV2
1360
101
USTR
500,000.00
494,882.81
494,882.81
0.375
0.378
153.69
0.00
0.00
153.69
3137EAEU9
1361
101
FHLMC
500,000.00
487,090.00
487,090.00
0.375
0.390
156.25
0.00
0.00
156.25
3134GW5R3
1362
101
FHLMC
400,000.00
391,360.00
391,360.00
0.650
0.674
216.66
0.00
0.00
216.66
307811DF3
1363
101
FARMER
249,000.00
249,000.00
249,000.00
0.900
0.900
184.19
0.00
0.00
184.19
3130AQJR5
1364
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
1.500
1.521
1,250.00
0.00
0.00
1,250.00
3135G031.15
1365
101
FNMA
500,000.00
487,790.00
487,790.00
0.625
0.650
260.42
0.00
0.00
260.42
3134GWUQ7
1366
101
FHLMC
1,000,000.00
945,570.00
945,570.00
0.700
0.751
583.33
0.00
0.00
583.33
3130AQSA2
1367
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
1.830
1.855
1,525.00
0.00
0.00
1,525.00
89786MAF1
1368
101
TRUSKY
245,000.00
245,000.00
245,000.00
1.600
1.600
322.19
0.00
0.00
322.19
912828Z78
1369
101
USTR
1,000,000.00
986,700.00
986,700.00
1.500
1.508
1,222.82
0.00
0.00
1,222.82
07371AYE7
1370
101
BEALTX
245,000.00
245,000.00
245,000.00
1.900
1.900
382.60
0.00
0.00
382.60
073710E88
1371
101
BEALUS
245,000.00
245,000.00
245,000.00
1.900
1.900
382.60
0.00
0.00
382.60
02357QAQ0
1372
101
AMRNT
245,000.00
245,000.00
245,000.00
1.600
1.600
322.19
0.00
0.00
322.19
59161YAP1
1373
101
METRO
249,000.00
249,000.00
249,000.00
1.700
1.700
347.92
0.00
0.00
347.92
3130AQWY5
1374
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
1.700
1.724
1,416.66
0.00
0.00
1,416.66
27004PCM3
1375
101
EGLMRK
245,000.00
245,000.00
245,000.00
2.000
2.000
402.73
0.00
0.00
402.73
64034KAZ4
1376
101
NELNET
245,000.00
245,000.00
245,000.00
1.800
1.800
362.46
0.00
0.00
362.46
24773RCR4
1377
101
DELTA
245,000.00
245,000.00
245,000.00
2.000
2.000
402.74
0.00
0.00
402.74
91139LAB2
1378
101
URSVLT
248,000.00
248,000.00
248,000.00
1.900
1.900
387.29
0.00
0.00
387.29
565819AG4
1379
101
MRTHON
248,000.00
248,000.00
248,000.00
1.800
1.800
366.90
0.00
0.00
366.90
91282CCW9
1380
101
USTR
500,000.00
466,454.17
466,454.17
0.750
0.811
310.77
0.00
0.00
310.77
91282CDG3
1381
101
USTR
500,000.00
473,396.82
473,396.82
1.125
1.179
458.56
0.00
0.00
458.56
91282CBQ3
1382
101
USTR
750,000.00
698,025.00
698,025.00
0.500
0.542
310.77
0.00
0.00
310.77
912828654
1383
101
USTR
1,000,000.00
999,010.00
999,010.00
2.375
2.358
1,936.14
0.00
0.00
1,936.14
50625LAW3
1384
101
LFYTT
248,000.00
248,000.00
248,000.00
2.050
2.050
417.86
0.00
0.00
417.86
3130ARGJ4
1385
101
FHLB
500,000.00
500,000.00
500,000.00
2.500
2.535
1,041.67
0.00
0.00
1,041.67
Run Date: 12/07/2022 - 22:12
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
128
City of La Quinta
Total Earnings Page 7
September 1, 2022 - September 30, 2022
CUSIP
Investment #
Fund
Issuer
Ending
Par Value
Beginning
Book Value
Ending
Book Value
Current
Rate
Annualized
Yield
Interest
Earned
Adjusted Interest Earnings
Amortization/ Realized
Accretion Gainl/Loss
Adjusted Interest
Earnings
Fund: General
Fund
20033A3A2
1386
101
CCBA
248,000.00
248,000.00
248,000.00
2.650
2.650
540.17
0.00
0.00
540.17
3130ARGY1
1387
101
FHLB
1,000,000.00
1,000,000.00
1,000,000.00
2.700
2.738
2,250.00
0.00
0.00
2,250.00
02007GPX5
1388
101
ALLY
245,000.00
245,000.00
245,000.00
2.550
2.550
513.49
0.00
0.00
513.49
52168UHY1
1389
101
LEADR
245,000.00
245,000.00
245,000.00
2.550
2.550
513.49
0.00
0.00
513.49
9128283D0
1390
101
USTR
1,000,000.00
985,190.00
985,190.00
2.250
2.265
1,834.24
0.00
0.00
1,834.24
91282CEF4
1391
101
USTR
1,000,000.00
976,860.00
976,860.00
2.500
2.553
2,049.55
0.00
0.00
2,049.55
254673E69
1392
101
DISCOV
245,000.00
245,000.00
245,000.00
3.100
3.100
624.25
0.00
0.00
624.25
91282CAR2
1393
101
USTR
4,000,000.00
3,979,880.00
3,979,880.00
0.125
0.125
407.61
0.00
0.00
407.61
91282CBD2
1394
101
USTR
2,000,000.00
1,982,265.63
1,982,265.63
0.125
0.125
203.80
0.00
0.00
203.80
91282CAN1
1395
101
USTR
0.00
3,985,625.00
0.00
0.125
4.665
396.17
0.00
14,375.00
14,771.17
48115LAD6
1396
101
JOVIA
248,000.00
248,000.00
248,000.00
2.500
2.500
509.60
0.00
0.00
509.60
912828X88
1397
101
USTR
1,000,000.00
969,687.50
969,687.50
2.375
2.429
1,936.14
0.00
0.00
1,936.14
91282CEN7
1398
101
USTR
500,000.00
495,000.00
495,000.00
2.750
2.755
1,120.93
0.00
0.00
1,120.93
91282CET4
1399
101
USTR
500,000.00
491,842.18
491,842.18
2.625
2.661
1,075.82
0.00
0.00
1,075.82
9128282U3
1400
101
USTR
500,000.00
490,850.00
490,850.00
1.875
1.926
776.93
0.00
0.00
776.93
3133ENYH7
1401
101
FFCB
500,000.00
499,080.00
499,080.00
2.625
2.666
1,093.75
0.00
0.00
1,093.75
91282CBD2
1402
101
USTR
3,000,000.00
2,972,578.13
2,972,578.13
0.125
0.125
305.71
0.00
0.00
305.71
91282CAX9
1403
101
USTR
4,000,000.00
3,972,031.25
3,972,031.25
0.125
0.126
409.84
0.00
0.00
409.84
91282CAN1
1404
101
USTR
0.00
1,992,780.00
0.00
0.125
4.685
198.09
0.00
7,220.00
7,418.09
91282CAR2
1406
101
USTR
2,000,000.00
1,989,440.00
1,989,440.00
0.125
0.125
203.81
0.00
0.00
203.81
912828N30
1407
101
USTR
2,000,000.00
1,996,240.00
1,996,240.00
2.125
2.112
3,464.67
0.00
0.00
3,464.67
912828M80
1408
101
USTR
3,000,000.00
2,996,670.00
2,996,670.00
2.000
1.997
4,918.03
0.00
0.00
4,918.03
3130ASDV8
1409
101
FHLB
300,000.00
300,000.00
300,000.00
3.300
3.346
825.00
0.00
0.00
825.00
9128283C2
1410
101
USTR
2,000,000.00
1,999,940.00
1,999,940.00
2.000
1.984
3,260.87
0.00
0.00
3,260.87
91282CAN1
1411
101
USTR
0.00
1,991,942.00
0.00
0.125
5.217
198.09
0.00
8,058.00
8,256.09
912828N30
1412
101
USTR
2,000,000.00
1,996,680.00
1,996,680.00
2.125
2.111
3,464.67
0.00
0.00
3,464.67
912828M80
1413
101
USTR
2,000,000.00
1,997,980.00
1,997,980.00
2.000
1.997
3,278.69
0.00
0.00
3,278.69
9128283C2
1414
101
USTR
1,000,000.00
999,977.00
999,977.00
2.000
1.984
1,630.44
0.00
0.00
1,630.44
89269FDP7
1415
101
TRADCP
246,000.00
246,000.00
246,000.00
3.000
3.000
606.58
0.00
0.00
606.58
91282CFB2
1417
101
USTR
1,000,000.00
989,460.00
989,460.00
2.750
2.757
2,241.85
0.00
0.00
2,241.85
912828XT2
1418
101
USTR
1,000,000.00
985,240.00
985,240.00
2.000
2.024
1,639.34
0.00
0.00
1,639.34
397417AQ9
1419
101
GRNWDS
248,000.00
248,000.00
248,000.00
3.050
3.050
621.69
0.00
0.00
621.69
88413QDN5
1420
101
3RD
245,000.00
245,000.00
245,000.00
3.300
3.300
664.52
0.00
0.00
664.52
02589ADH2
1421
101
AMEXNB
245,000.00
245,000.00
245,000.00
3.450
3.450
694.73
0.00
0.00
694.73
91282CFB2
1422
101
USTR
1,000,000.00
979,645.67
979,645.67
2.750
2.784
2,241.85
0.00
0.00
2,241.85
912796YB9
1423
101
USTR
3,000,000.00
0.00
2,951,409.30
3.221
0.00
0.00
0.00
0.00
912796YB9
1424
101
USTR
2,000,000.00
0.00
1,967,621.12
3.220
0.00
0.00
0.00
0.00
Run Date: 12/07/2022 - 22:12
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
129
City of La Quinta
Total Earnings
Page 8
September
1, 2022 - September 30, 2022
Adjusted Interest
Earnings
Ending
Beginning
Ending
Current Annualized
Interest
Amortization/
Realized
Adjusted Interest
CUSIP Investment #
Fund
Issuer
Par Value
Book Value
Book Value
Rate
Yield
Earned
Accretion
Gainl/Loss
Earnings
Fund: General Fund
732329BD8 1425
101
PONCE
248,000.00
0.00
248,000.00
3.500
3.500
356.71
0.00
0.00
356.71
3133ENL99 1426
101
FFCB
1,000,000.00
0.00
997,492.55
3.375
3.430
1,500.00
0.00
0.00
1,500.00
052392BT3 1427
101
AUSTEL
248,000.00
0.00
248,000.00
3.800
3.800
232.37
0.00
0.00
232.37
9128283U2 1428
101
USTR
3,000,000.00
0.00
2,988,390.00
2.375
2.365
193.62
0.00
0.00
193.62
914242AAO 1429
101
UNIVCU
248,000.00
0.00
248,000.00
4.000
4.000
108.71
0.00
0.00
108.71
22258JAB7 1430
101
CNTYSC
248,000.00
0.00
248,000.00
4.400
0.00
0.00
0.00
0.00
912828Q29 1431
101
USTR
2,000,000.00
0.00
1,977,200.00
1.500
1.522
82.42
0.00
0.00
82.42
91282CBNO 1432
101
USTR
3,000,000.00
0.00
2,956,788.66
0.125
0.128
10.36
0.00
0.00
10.36
3133ENQ29 1433
101
FFCB
1,000,000.00
0.00
996,400.00
4.000
4.070
111.11
0.00
0.00
111.11
Subtotal
204,508,689.55
205,892,052.87
203,577,744.66
1.492
209,516.07
0.00
48,648.14
258,164.21
Fund: Fiscal Agent
SYS1058 1058
231
USBANK
4,603.25
14,973,176.11
4,603.25
0.372
4,580.54
0.00
0.00
4,580.54
Subtotal
4,603.25
14,973,176.11
4,603.25
0.372
4,580.54
0.00
0.00
4,580.54
Fund: Housing Authority :
WSA and LQ
SYS1062 1062
241
LQPR
405,627.44
416,132.51
405,627.44
0.00
0.00
0.00
0.00
Subtotal
405,627.44
416,132.51
405,627.44
0.00
0.00
0.00
0.00
Fund: SA Low/Mod Bond Fund
25-33-005 1113
249
LAIF
2,018,767.39
2,018,767.39
2,018,767.39
1.513
1.350
2,240.57
0.00
0.00
2,240.57
Subtotal
2,018,767.39
2,018,767.39
2,018,767.39
1.350
2,240.57
0.00
0.00
2,240.57
Total
206,937,687.63
223,300,128.88
206,006,742.74
1.414
216,337.18
0.00
48,648.14
264,985.32
Run Date: 12/07/2022 - 22:12
Portfolio CITY
CID
TE (PRF_TE) 7.3.6
Report Ver. 7.3.6.1
130
i
ta City of La Quinta City of LaQuinta
Maturity Report
GEM ofrhe DESERT — Sorted by Maturity Date
Amounts due during July 1, 2022 - September 30, 2022
Sec.
Maturity
Purchase
Rate
Book Value
Maturity
Net
CUSIP
Investment #
Fund
Type Issuer
Par Value
Date
Date at Maturity
at Maturity
Interest
Proceeds
Income
89269CBX9
1148
101
MC1
TRAD
245,000.00
08/08/2022
06/08/2018
3.000
245,000.00
624.25
245,624.25
624.25
12556LBA3
1219
101
MC1
CITBNK
245,000.00
08/23/2022
08/23/2019
1.900
245,000.00
2,308.37
247,308.37
2,308.37
02587CFU9
1096
101
MC1
AMFSB
240,000.00
08/29/2022
08/29/2017
2.400
240,000.00
2,856.33
242,856.33
2,856.33
85916VDC6
1201
101
MC1
STRLNG
245,000.00
08/29/2022
06/28/2019
2.150
245,000.00
894.75
245,894.75
894.75
91282CAG6
1405
101
TRC
USTR
5,000,000.00
08/31/2022
06/13/2022
0.125
4,988,450.00
3,125.00
5,003,125.00
14,675.00
3135GOW33
1233
101
FAC
FNMA
1,000,000.00
09/06/2022
10/29/2019
1.375
992,100.00
6,875.00
1,006,875.00
14,775.00
3133EGWJO
1247
101
FAC
FFCB
1,000,000.00
09/29/2022
02/05/2020
1.400
999,217.36
7,000.00
1,007,000.00
7,782.64
9128282W9
1178
101
TRC
USTR
500,000.00
09/30/2022
03/01/2019
1.875
489,687.50
4,687.50
504,687.50
15,000.00
91282CAN1
1395
101
TRC
USTR
4,000,000.00
09/30/2022
06/06/2022
0.125
3,985,625.00
2,500.00
4,002,500.00
16,875.00
91282CAN1
1404
101
TRC
USTR
2,000,000.00
09/30/2022
06/13/2022
0.125
1,992,780.00
1,250.00
2,001,250.00
8,470.00
91282CAN1
1411
101
TRC
USTR
2,000,000.00
09/30/2022
06/29/2022
0.125
1,991,942.00
1,250.00
2,001,250.00
9,308.00
Total Maturities 16,475,000.00
Run Date: 12/07/2022 - 22:28
16,414,801.86 33,371.20 16,508,371.20
93,569.34
Portfolio CITY
CIO
MA (PRF_MA) 7.1.1
Report Ver. 7.3.6.1
131
1
City of La Quinta City of LaQuinta
t(VPurchases Report
GEM ofrhe DESERT - Sorted by Security Type - Fund
July 1, 2022 - September 30, 2022
Sec. Original Purchase Principal Accrued Interest Rate at Maturity Ending
CUSIP Investment # Fund Type Issuer Par Value Date Payment Periods Purchased at Purchase Purchase Date YTM Book Value
Federal Agency Coupon Securities
3133ENL99 1426 101 FAC FFCB 1,000,000.00 09/15/2022 03/15 - 09/15 997,492.55 3.375 09/15/2027 3.430 997,492.55
3133ENQ29 1433 101 FAC FFCB 1,000,000.00 09/30/2022 03/29 - 09/29 996,400.00 Received 4.000 09/29/2027 4.080 996,400.00
Subtotal 2,000,000.00 1,993,892.55 0.00 1,993,892.55
Treasury Coupon
Securities
91282CF132
1417
91282CF132
1422
9128283U2
1428
912828Q29
1431
91282CBNO
1432
Treasury Discount Notes
912796YB9 1423
912796YB9 1424
Certificate of Deposits
89269FDP7
1415
88413QDN5
1420
02589ADH2
1421
732329BD8
1425
052392BT3
1427
914242AAO
1429
22258JAB7
1430
101
TRC USTR
101
TRC USTR
101
TRC USTR
101
TRC USTR
101
TRC USTR
Subtotal
101 ATD USTR
101 ATD USTR
Subtotal
101
MC1 TRADCP
101
MC1 3RD
101
MC1 AMEXNB
101
MC1 PONCE
101
MC1 AUSTEL
101
MC1 UNIVCU
101
MC1 CNTYSC
Subtotal
1,000,000.00 08/15/2022 01/31 - 07/31
1,000,000.00 08/29/2022 01/31 - 07/31
3,000,000.00 09/30/2022 01/31 - Final Pmt.
2,000,000.00 09/30/2022 03/31 - Final Pmt.
3,000,000.00 09/30/2022 02/28 - Final Pmt.
10,000,000.00
3,000,000.00 09/02/2022 03/02 - At Maturity
2,000,000.00 09/02/2022 03/02 - At Maturity
5,000,000.00
246,000.00 07/20/2022 01/20 - 07/20
245,000.00 08/19/2022 02/19 - 08/19
245,000.00 08/29/2022 01/27 - 07/27
248,000.00 09/15/2022 10/15 - Monthly
248,000.00 09/21/2022 10/01 - Monthly
248,000.00 09/26/2022 10/26 - Monthly
248,000.00 09/30/2022 10/30 - Monthly
1,728,000.00
989,460.00
Received
2.750
07/31/2027
2.980
989,460.00
979,645.67
Received
2.750
07/31/2027
3.200
979,645.67
2,988,390.00
Received
2.375
01/31/2023
3.533
2,988,390.00
1,977,200.00
1.500
03/31/2023
3.824
1,977,200.00
2,956,788.66
Received
0.125
02/28/2023
3.630
2,956,788.66
9,891,484.33 0.00
2,951,409.30
1,967,621.12
4,919,030.42
246,000.00
245,000.00
245,000.00
248,000.00
248,000.00
248,000.00
248,000.00
1,728,000.00
0.00
3.221 03/02/2023 3.320
3.220 03/02/2023 3.318
3.000 01 /22/2024 3.008
3.300 08/19/2027 3.302
Received 3.450
07/27/2027
3.067
3.500
09/15/2027
3.502
3.800
09/21 /2027
3.770
4.000
09/26/2025
3.891
4.400
09/30/2027
4.325
0.00
9,891,484.33
2,951,409.30
1,967,621.12
4,919,030.42
246,000.00
245,000.00
245,000.00
248,000.00
248,000.00
248,000.00
248,000.00
1,728,000.00
CERBT - OPEB Trust
SYS1114 1114 101 LA2 CALPRS 1,792,152.96 07/01/2022 12/31 - Monthly 1,792,152.96 1,660,262.83
Subtotal 1,792,152.96 1,792,152.96 0.00 1,660,262.83
Total Purchases 20,520,152.96 20,324,560.26 0.00 20,192,670.13
Received = Accrued Interest at Purchase was received by report ending date.
Run Date: 12/07/2022 - 22:24
Portfolio CITY
CID
PU (PRF_PU) 7.1.1
Report Ver. 7.3.6.1
132
City of La Quinta
Purchases Report
July 1, 2022 - September 30, 2022
Page 2
Sec. Original Purchase Principal Accrued Interest Rate at Maturity Ending
CUSIP Investment # Fund Type Issuer Par Value Date Payment Periods Purchased at Purchase Purchase Date YTM Book Value
Run Date: 12/07/2022 - 22:24
Portfolio CITY
CP
PU (PRF_PU) 7.1.1
Report Ver. 7.3.6.1
133
US Treasury Rates
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily treasury yield curve&field tdr date value=2022
Date 1 mo 2 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr
7/29/2022 2.22 2.28 2.41 2.91
8/31/2022 2.40 2.72 2.96 3.32
9/30/2022 2.79 3.20 3.33 3.92
2.98 2.89 2.83
3.50 3.45 3.46
4.05 4.22 4.25
Effective Effective
Rate of Rate of
7 yr 10 yr 20 yr 30 yr Return Return
City City
Portfolio Portfolio
(month) (YTD)
2.70 2.70 2.67 3.20 3.00 1.14 1.14
3.30 3.25 3.15 3.53 3.27 1.30 1.22
4.06 3.97 3.83 4.08 3.79 1.45 1.3
TREASURY RATES AND PORTFOLIO RETURNS
+1-YrTreasury t5-YrTreasury -Effective Rate of Return City Portfolio (YTD)
4.25
4
3.75
3.5
3.25
3
2.75
2.5
2.25
2
1.75
1.5
1.25
1
0.75
0.5
0.25
0
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134
CONSENT CALENDAR ITEM NO. 9
City of La Quinta
CITY COUNCIL MEETING: December 20, 2022
STAFF REPORT
AGENDA 1.L, L- : RECEIVE AND FILE FISCAL YEAR 2021/22 MEASURE G
SALES TAX COMPLIANCE REPORT
RECOMMENDATION
Receive and file fiscal year 2021/22 Measure G Sales Tax Compliance Report.
EXECUTIVE SUMMARY
• Measure G revenue for fiscal year 2021/22 was $15,615,802 and the
Measure G reserve balance as of June 30, 2022 was $15,355,043.
• The Financial Advisory Commission (FAC) provides oversight of Measure
G revenue and prepares an annual Measure G Sales Tax Oversight Report
(Report) to ensure Measure G revenue is used in compliance with the
ballot initiative and the La Quinta Municipal Code (LQMC).
• At the FAC's special meeting on December 14, 2022, the full Commission
formally received and filed this Report.
FISCAL IMPACT - None
BACKGROUND/ANALYSIS
In accordance with LQMC Section 2.70.040, the FAC provides oversight of
Measure G funds, the 1% transactions and use tax instituted by voters in
November 2016. This Measure G Report was prepared by the Finance
Department with assistance from FAC members (Commissioners Batavick and
Luettjohann). The Report was presented, received, and filed at a special FAC
meeting on December 14, 2022; it will also be posted to the City's website.
The Annual Measure G Sales Tax Oversight Report for Fiscal Year 2021/22
(Attachment 1) covers the period from July 1, 2021 through June 30, 2022,
and provides a summary of the Measure G revenue and expenditures for the
fiscal year, as well as an inception -to -date summary.
135
ALTERNATIVEF"
Council may request additional information before filing this Report.
Prepared by: Claudia Martinez, Finance Director
Approved by: Jon McMillen, City Manager
Attachment: 1. Annual Measure G Sales Tax Oversight Report for Fiscal Year
Ended June 30, 2022
136
ATTACHEMENT 1
ANNUAL MEASURE G SALES TAX OVERSIGHT
REPORT FOR FISCAL YEAR ENDED JUNE 30, 2022 [�util'G!
-CALIFORNIA
OVERVIEW
The Financial Advisory Commission (FAC) provides oversight of Measure G tax
revenue. This Annual Measure G Sales Tax Oversight Report covers the fiscal
year beginning July 1, 2021 through June 30, 2022. Exhibit A includes a
detailed summary of all Measure G activity.
Measure G is a 1% transactions tax applied to sales of taxable goods and is
part of the overall 8.75% sales tax rate in the City. It applies to goods
transferred at the point of sale (businesses within La Quinta City limits), and
to goods purchased in other jurisdictions that are delivered to addresses within
the City.
Measure G revenue continues to help La Quinta thrive and is integral to the
future financial health of the City. These funds assist in realizing the Sacred
Values of La Quinta now and in the future: Health and Wellness, High Quality
Aesthetics, a Vibrant and Safe Community, a Visually Beautiful City and
Cultural Diversity, to continue being recognized as the "The Gem of the
Desert".
REPORT HIGHLIGHTS
• Since inception, over $29.8 million or 49% of Measure G funds have
been allocated to improving citywide infrastructure and public
recreational facilities.
• Public safety services are a priority of La Quinta and have been
supported with 26% of Measure G funds.
• Fiscally responsible budgeting, prudent long-term financial projections,
funds oversight, and financial transparency have strengthened the
City's reserves with Measure G funds since the implementation of
Measure G in April 2017.
FISCAL YEAR 2021/22 REVENUES
Total Measure G sales tax revenue for fiscal year 2021/22 was $15,615,802,
which was greater than initially anticipated when budgeted. After experiencing
effects of the COVID-19 pandemic, sales have bounced back significantly in
2021/22 and continue to show upward growth. Consumer spending has
remained strong, and despite high inflation with rising prices, spending
increased across most spending categories. These include general consumer
goods and restaurants/hotels, followed by building/construction and fuel.
Stronger than anticipated fiscal year-end Measure G sales tax revenues are a
137
result of this higher consumer spending and demonstrate La Quinta residents
and visitors continue to support our local economy.
REVENUES SINCE INCEPTION
The chart below summarizes Measure G revenue received from fiscal years
2016/17 thru 2021/22. Revenue has continued to increase since the pandemic
due to economic inflation and the previously noted higher consumer activity.
However, this is anticipated to result in slower growth into 2023 as interest
rates increase; resulting in downward pressure on sales of consumer goods,
automobiles, and building materials.
REVENUES SINCE INCEPTION
$60,909,142
$16
$14
$12
c $10
$8
$6
$4
$2
16/17 17/18 18/19 19/20 20/21 21/22
Fiscal Year
138
FISCAL YEAR 2021/22 USES
The fiscal year 2021/22 operational expenses and capital improvements were
prioritized, and the budget included a prudent reserve allocation for
operational flexibility. By allocating some Measure G revenue to reserves, the
City is able to maintain ongoing service levels, while providing for any
unforeseen decreases in revenues as were experienced in 2019/20.
USES SINCE INCEPTION
Annually, the City hosts a community workshop to either affirm or determine
the following year's budget priorities. Staff then evaluates funding options
such as grants, interagency cost sharing, or use of reserves. Public safety
services have been a community priority since before Measure G, and with the
support of this additional revenue, the City has been able to maintain the
public safety service levels the community desires.
The chart below summarizes the uses, since the inception, of Measure G funds.
The majority ($29.8 million, or 49%) of these funds are for projects to improve
citywide infrastructure and public recreational facilities.
Resery
$ 15,355
Recreation
$ 5,073,850
USES SINCE INCEPTION
$601909,142
blic Safety
15,708,000
ifrastructure
_..iprovements
$ 24,772,249
• Public Safety use shows the City's continuing commitment to provide all
residents with a safe living environment.
• Infrastructure improvement projects have included numerous road
repairs, street striping projects, drainage improvements to avoid street
flooding, an investment in Highway 111 (a crucial commercial corridor
for our City where a majority of sales taxes are generated), an overhaul
139
of landscape medians north of Highway 111, design of an updated
corporate yard administrative and crew quarters, and the recent
advance funding for the Dune Palms bridge project.
• Recreation projects have included funding for the new X-Park adjacent
to the La Quinta high school, the SilverRock event site, design of a new
future Village Art Plaza Promenade connected to the La Quinta Museum,
and Fritz Burns Park improvements.
• Measure G reserves reflect fiscal responsibility and allow for operational
flexibility by ensuring cash is available for public safety services and
capital improvement projects when they are most efficient to complete.
The chart below summarizes citywide infrastructure improvements and
recreational projects, totaling $29,846,099 funded with Measure G revenues.
Infrastructure Improvements and Recreational Projects
City Facilities $411,013
Highway 111 $2,250,000
Roads/Bridges $9,440,219
Drainage $3,352,103
Parks $5,073,850
Landscaping $9,318,914
$- $1 $2 $3 $4 $5 $6 $7 $8 $9 $10
Millions
MEASURE G BACKGROUND AND COMPLIANCE SUMMARY
Voters passed Ballot Measure G in November 2016. Measure G provides a
permanent one percent transactions and use tax, effective April 1, 2017,
which is fully allocated to the City of La Quinta and protected from State
takeaways.
All Measure G revenues shall be used in accordance with the ballot measure
for costs including police protection, projects such as parks, streets,
landscaping, and flood mitigation, programs attracting businesses,
youth/senior services, sports recreation programs, and preserving property
values and quality of life.
This report confirms all Measure G tax revenues are properly recorded and are
being used in accordance with the ballot measure.
140
City Council, management, and staff thank all residents for their continuing
support and investment in our community.
Prior oversight reports and information on Measure G are located online at
https://www.laquintaca.gov/business/tax-measure. Questions regarding this
report or the use of Measure G funds may be directed to the Finance
Department by calling 760-777-7150 or by email at finance@laquintaca.gov.
141
142
EXHIBIT A
Fiscal Year (FY)
2016/17
Actual
$ 1,462,650
2017/18
Actual
9,967,657
2018/19
Actual
10,958,118
2019/20
Actual
10,310,526
2020/21
Actual
12,594,389
2021/22
Actual
15,615,802
TOTAL $ 60,909,142
Fiscal
Year
Project Description
Operational
Capital
Reserves
Total by Year
2016/17
Eisenhower Dr. Retention Basin
750,000
X-Park Funding
712,650
-
1,462,650
2017/18
Public Safety Fund
300,000
North La Quinta Landscape Improvements
1,802,576
Citywide Drainage Enhancements
2,407,373
La Quinta Village Road Diet Project
1,972,158
X-Park Funding
147,350
Alongi Building Improvements
800,000
SilverRock Event Site
321,900
SilverRock Event Site
244,700
Alongi Building at SilverRock Event Site
160,000
SilverRock Event Site
290,000
SilverRock Event Site Retention Basin
10,000
SilverRock Event Site Retention Basin
427,250
Measure G Reserves 2017/18
1,084,350
9,967,657
2018/19
Public Safety Fund
850,000
Public Safety Contract Services
2,100,000
Citywide Drainage Enhancements
194,730
North La Quinta Landscape Improvements
2,129,613
SilverRock Event Site
1,300,000
Measure G Reserves 2018/19
4,383,775
10,958,118
2019/20
Public Safety Contract Services
2,750,000
Corporate Yard Administration/Crew Quarters
411,013
Highway 111 Corridor Improvements
1,000,000
North La Quinta Landscape Improvements
3,703,369
Village Art Plaza Promenade
310,000
Measure G Reserves 2019/20
2,136,144
10,310,526
2020/21
Public Safety Contract Services
4,545,000
X-Park Landscaping
275,000
Highway 111 Corridor Improvements
250,000
Measure G Reserves 2020/21
7,524,389
12,594,389
2021/22
Public Safety Contract Services
5,163,000
Landscape Renovation Improvements
1,408,356
Highway 111 Corridor Improvements
1,000,000
Fritz Burns Park Improvements
350,000
Allocate Advance Bridge Funding
7,468,061
Measure G Reserves 2021/22
226,385
15,615,802
$ 60,909,142
TOTAL $ 15,708,000 $ 29,846,099
$ 15,355,043
26%
49%
25%
143
144
CONSENT CALENDAR ITEM NO. 10
City of La Quints
CITY COUNCIL MEETING: December 20, 2022
STAFF REPORT
AGENDA TI' APPROVE DEMAND REGISTERS DATED DECEMBER 2 AND
DECEMBER 9, 2022
RECOMMENDATION
Approve demand registers dated December 2 and December 9, 2022.
EXECUTIVE SUMMAkY - None
FISCAL IMPACT
Demand of Cash:
City
Successor Agency of RDA
Housing Authority
BACKGROUND/ANALYSIS
$ 2,395,151.32
$ 885.00
$ 37,097.96
$ 2,433,134.28
Routine bills and payroll must be paid between Council meetings. Attachment 1
details the weekly demand registers for December 2 and December 9, 2022.
There was no check run the week of November 25, 2022, due to the holiday.
Warrants Issued:
209516-209589
$
1,041,769.31
209590-209658
$
373, 525.27
Wire Transfers
$
458,072.25
Payroll
Tax Transfers
$
106,316.34
Payroll
Check #37662
$
46.17
Payroll
Direct Deposit
$
453,404.94
$
2,433,134.28
145
The most significant expenditures on the demand registers are:
Vendor
Jacobsson Engineering
Construction, Inc.
Account Name(s) Amount
Construction
Imperial Irrigation District Various
Coachella Valley Assoc of TUMF Payable to
Government CVAG
Paradise Chevrolet and Vehicles,
Cadillac Purchased
Coachella Valley MSHCP Mitigation
Conservation Commission Fee
Purpose
$ 491,288.00 Jefferson & Ave 53
Roundabout Progress
Payments
$ 118,449.67 City Electricity Service &
Shoo Fly for Dune Palms
Bridge Project
$ 99,036.00 Oct TUMF Fees
$ 71,038.00 Purchased 2022 Chevy
Silverado Truck
$ 61,493.85 Oct MSHCP Mitigation
Fee
Wire Transfers: Sixteen transfers totaled $458,072. Of this amount, $232,801
was to Landmark, and $162,379 was to CalPERS. (See Attachment 2 for a
complete listing).
Investment Transactions: Full details of investment transactions as well as
total holdings are reported quarterly in the Treasurer's Report.
Settle
Coupon
Transaction
Issuer
Type
Par Value
Date
Rate
YTM
Maturity
Enterprise Bank
CD
$ 245,000.00
11/28/2022
2.15%
Purchase
Federal Farm Credit Bank
Agency
$1,000,000.00
11/29/2022
4.00%
4.03%
Purchase
University Bank
CD
$ 249,000.00
11/30/2022
4.20%
4.20%
Maturity
United States Treasury
Treasury
$ 3,000,000.00
11/30/2022
2.00%
Maturity
United States Treasury
Treasury
$ 2,000,000.00
11/30/2022
2.00%
Maturity
United States Treasury
Treasury
$4,000,000.00
11/30/2022
0.13%
Purchase
United States Treasury
Treasury
$ 3,000,000.00
12/2/2022
0.13%
4.36%
Purchase
United States Treasury
Treasury
$ 2,000,000.00
12/2/2022
0.13%
4.26%
Purchase
United States Treasury
Treasury
$4,000,000.00
12/2/2022
1.63%
4.51%
Maturity
Medallion Bank
CD
$ 248,000.00
12/7/2022
3.40%
Maturity
Red Rocks Credit Union
CD
$ 248,000.00
12/7/2022
3.35%
Purchase
Federal Farm Credit Bank
Agency
$1,000,000.00
12/7/2022
3.75%
3.79%
Prepared by: Jesse Batres, Account Technician
Approved by: Rosemary Hallick, Financial Services Analyst
Attachments: 1. Demand Registers
2. Wire Transfers
146
ATTACHMENT 1
City of La Quinta
Demand Register
Packet: APPKT03319 - 12/02/2022 JB
Vendor Name
Payment Number
Description (Item)
Account Name
Account Number
Amount
Fund: 101 - GENERAL FUND
CHARTER COMMUNICATIONS ...
209530
11/16-12/15/22 - FS #70 INTERNET (1860)
Cable/Internet - Utilities
101-2002-61400
41.72
ILLUSION PARTY ENTERTAIN...
209516
12/02/22 - CHRISTMAS CHARACTER REMA...
Community Experiences
101-3003-60149
702.50
CHARTER COMMUNICATIONS ...
209530
10/16-11/15/22 - FS #32 CABLE (8152)
Cable/Internet - Utilities
101-2002-61400
94.41
GALLS LLC
209546
11/02/22 - CODE OFFICER UNIFORMS
Uniforms
101-6004-60690
168.24
CHARTER COMMUNICATIONS ...
209530
11/03-12/02/22 - FS #93 INTERNET (3514)
Cable/Internet - Utilities
101-2002-61400
99.99
PALMS TO PINES PRINTING
209563
11/22/22 - PROCLAMATION CERTIFICATES..
Printing
101-3007-60410
2,790.41
PALMS TO PINES PRINTING
209563
11/03/22 - CITY BUSINESS CARDS
LQ Police Volunteers
101-2001-60109
152.73
PALMS TO PINES PRINTING
209563
11/03/22 - CITY BUSINESS CARDS
Printing
101-3007-60410
458.21
CAMARENA, REYNA
209528
10/18/2022 NOTARY PUBLIC TRAINING RE...
Travel & Training
101-1002-60320
109.00
AYON, UBALDO
209522
11/17/22 - OUTLET TESTERS REIMBURSE...
Operating Supplies
101-7006-60420
39.10
SOUTHWEST AQUATICS INC
209578
11/2022 - LAKE MAINTENANCE SERVICES
Civic Center Lake Maintenance
101-3005-60117
1,350.00
SOUTHWEST AQUATICS INC
209578
11/2022 - LAKE MAINTENANCE SERVICES
SilverRock Lake Maintenance
101-3005-60189
1,350.00
BURNS, ALICE QUIROZ
209524
12/2/22 - 500 CHRISTMAS TREATS FOR TR...
Community Experiences
101-3003-60149
500.00
SPARKLETTS
209579
11/02/22 & 11/16/22 - DRINKING WATER
Operating Supplies
101-7003-60420
190.61
LOGIC COMPENSATION GROU...
209553
11/03/22 - RECLASS CITY JOB DESCRIPTIO...
Professional Services
101-1004-60103
1,200.00
WILDCAT WRAP COMPANY
209588
10/25/22 - FLAG BOX WRAP
Professional Services
101-1002-60103
1,250.00
DATA TICKET, INC.
209537
10/2022 - POLICE CITATION PROCESSING
Administrative Citation Services
101-6004-60111
255.93
DATA TICKET, INC.
209537
10/2022 - CODE CITIATION PROCESSING
Administrative Citation Services
101-6004-60111
638.50
WILDCAT WRAP COMPANY
209588
11/16/22 - FLAG BOX WRAP
Professional Services
101-1002-60103
500.00
SPARKLETTS
209580
11/02/22 & 11/16/22 - CITYWIDE DRINKN...
Citywide Supplies
101-1007-60403
160.87
JOE A GONSALVES & SON
209549
12/2022 - LOBBYIST SERVICES
Contract Services - Administrat..
101-1002-60101
3,500.00
PALM SPRINGS AIR MUSEUM ...
209562
11/11/22 - AIRCRAFT FLYOVER FOR VET E...
Community Experiences
101-3003-60149
1,000.00
PAX FITNESS REPAIR
209566
09/2022 - FITNESS EQUIPMENT MAINTEN...
Operating Supplies
101-3002-60420
275.00
CACEO
209526
3/02/23 - WEBINAR K.MEREDITH
Travel & Training
101-6004-60320
36.00
ROMON, DANA
209572
11/7/22 - WELLNESS CENTER CLASS REFU...
Wellness Center Leisure Enric...
101-0000-42214
70.00
DESERT SANDS UNIFIED SCHO...
209543
08/25-09/21/22 - BP #3 SCHOOL RESOUR...
School Officer
101-2001-60168
14,531.66
ALLIANT INSURANCE SERVICES..
209519
12/6/22 - LQ HIST SOC RECEPTION EVENT ...
Community Experiences
101-3003-60149
472.00
NI GOVERNMENT SERVICES INC
209559
10/2022 - SATELLITE PHONES
Mobile/Cell Phones/Satellites
101-2002-61304
80.71
XPRESS GRAPHICS
209589
11/08/22 - POSTCARD MAILING EVENTS
Special Enforcement/City Spec...
101-2001-60165
3,770.03
XPRESS GRAPHICS
209589
11/08/22 - POSTCARD MAILING EVENTS
Special Enforcement/City Spec...
101-2001-60165
3,770.03
XPRESS GRAPHICS
209589
11/18/22 - FILMING SIGNS
Printing
101-3007-60410
148.24
XPRESS GRAPHICS
209589
11/21/22 - POSTCARD MAILING FOR IRO...
Community Experiences
101-3003-60149
405.36
LEAGUE OF CALIFORNIA CITIES
209551
09/7/22 - RIVERSIDE COUNTY DIVISION L...
Travel & Training
101-1001-60320
150.00
LEAGUE OF CALIFORNIA CITIES
209551
09/7/22 - RIVERSIDE COUNTY DIVISION L...
Travel & Training
101-1002-60320
150.00
LH PRODUCTIONS
209552
11/19/22 - FAKE MATTHEWS BAND CONC...
Community Experiences
101-3003-60149
8,117.00
LH PRODUCTIONS
209552
11/11/22 - VETERAN'S DAY EVENT AV SER...
Community Experiences
101-3003-60149
3,543.63
STAPLES ADVANTAGE
209581
10/12/22 - CITYWIDE PRINTING PAPER
Forms, Copier Paper
101-1007-60402
461.54
STAPLES ADVANTAGE
209581
11/04/22 - OFFICE SUPPLIES
Operating Supplies
101-6006-60420
138.88
STAPLES ADVANTAGE
209581
11/14/22 - FORKS (100)
Operating Supplies
101-6006-60420
15.64
SMITH PIPE & SUPPLY CO
209577
10/31/22 - IRRIGATION SUPPLIES
Materials/Supplies
101-3005-60431
486.70
SMITH PIPE & SUPPLY CO
209577
11/15/22 - IRRIGATION SUPPLIES
Materials/Supplies
101-3005-60431
1,072.20
RASA/ERIC NELSON
209569
11/09/22 - PMER 2022-0008 ONCALL MAP..,
Map/Plan Checking
101-7002-60183
350.00
RASA/ERIC NELSON
209569
11/10/22 - FTM 2022-0003 ONCALL MAP ...
Map/Plan Checking
101-7002-60183
2,315.00
ROBERT HALF
209571
10/28/22 - TEMP AGENCY SERVICES T.SU...
Temporary Agency Services
101-6006-60125
825.58
ROBERT HALF
209571
11/11/22 - TEMP AGENCY SERVICES G.HU
Temporary Agency Services
101-6002-60125
1,084.32
ROBERT HALF
209571
11/11/22 - TEMP AGENCY SERVICES T.SU...
Temporary Agency Services
101-6006-60125
423.54
DEPARTMENT OF JUSTICE
209540
10/2022 - ALCOHOL/BLOOD ANALYSIS
Blood/Alcohol Testing
101-2001-60174
210.00
ALPHA MEDIA LLC
209520
10/2022 - IRONMAN DIGITAL ADS
Community Experiences
101-3003-60149
2,666.67
ALPHA MEDIA LLC
209520
10/2022 - IRONMAN RADIO ADS
Community Experiences
101-3003-60149
6,515.64
ALPHA MEDIA LLC
209520
10/2022 - IRONMAN DIGITAL BANNERS
Community Experiences
101-3003-60149
275.00
MERCHANTS BUILDINGMAINT...
209555
10/2022-JANITORALSERVICES
Janitorial
101-3008-60115
13,785.07
CURT PRINGLE AND ASSOCIAT...
209536
11/01/22 - MEASURE A EDUCATION CAM...
Contingency for Operations
101-1002-60510
10,000.00
AMERICAN FORENSIC NURSES ...
209521
11/4/22 - BLOOD/ALCOHOL ANALYSIS
Blood/Alcohol Testing
101-2001-60174
61.22
12/12/2022 11:39:31 AM
Page 1 of 6
147
Demand Register
Vendor Name Payment Number Description (Item)
AMERICAN FORENSIC NURSES ... 209521
AMERICAN FORENSIC NURSES ... 209521
FEDEX
209544
FEDEX
209544
FEDEX
209544
MACIAS NURSERY, INC.
209554
PATTON DOOR & GATE
209565
ALARM MONITORING SERVICE...
209518
VERIZON WIRELESS
209585
DEPARTMENT OF ANIMAL SER...
209538
BELANICH,TOMM
209523
DESERT RESORT MANAGEMENT
209542
GOVOS, INC.
209547
DEPARTMENT OF CONSERVAT...
209539
DEPARTMENT OF CONSERVAT...
209539
QUADIENT FINANCE USA, INC.
209568
CALIFORNIA PARK & RECREAT...
209527
COACHELLA VALLEY CONSERV...
209532
COACHELLA VALLEY CONSERV...
209532
COUNTY OF RIVERSIDE PUBLIC...
209533
VINTAGE ASSOCIATES
209586
Fund: 201 - GAS TAX FUND
CRAFCO, INC 209534
Fund: 202 - LIBRARY & MUSEUM FUND
FERGUSON ENTERPRISES, INC 209545
USA DRAIN AND PLUMBING ... 209584
MERCHANTS BUILDING MAINT... 209555
MERCHANTS BUILDING MAINT... 209555
Fund: 215 - LIGHTING & LANDSCAPING FUND
LANDMARK GOLF MANAGEM...
209550
LANDMARK GOLF MANAGEM...
209550
DESERT CONCEPTS CONSTRUC...
209541
VINTAGE ASSOCIATES
209586
CREATIVE LIGHTING & ELECTR...
209535
STAPLES ADVANTAGE
209581
ROTO-LITE, INC
209573
MACIAS NURSERY, INC.
209554
MACIAS NURSERY, INC.
209554
PWLC II, INC
209567
VINTAGE ASSOCIATES
209586
VINTAGE ASSOCIATES
209586
Fund: 221 - AB 939 - CALRECYCLE FUND
BURRTEC WASTE & RECYCLING.. 209525
Fund: 224 - TUMF FUND
COACHELLA VALLEY ASSOC OF... 209531
Packet: APPKT03319 - 12/02/2022 JB
Account Name Account Number Amount
11/7/22 - BLOOD/ALCOHOL ANALYSIS
Blood/Alcohol Testing
101-2001-60174
345.05
11/11/22 - BLOOD/ALCOHOL ANALYSIS
Blood/Alcohol Testing
101-2001-60174
122.44
10/31/22 - OVERNIGHT MAIL
Postage
101-1007-60470
11.01
10/28/22 & 11/4/22 - OVERNIGHT MAIL
Postage
101-1007-60470
122.15
11/04/22 - OVERNIGHT MAIL
Postage
101-1007-60470
11.07
10/26/22 - PLANTS
Materials/Supplies
101-3005-60431
2,083.65
11/11/22 - PW YARD GATE SERVICE CALL
Maintenance/Services
101-3008-60691
150.00
11/08/22 - CH ALARM WIRING INSTALLAT...
Security & Alarm
101-3008-60123
93.53
10/14-11/13/22 - EOC CELL (7813)
Mobile/Cell Phones/Satellites
101-2002-61304
159.63
10/2022 - ANIMAL SERVICES
Animal Shelter Contract Service
101-6004-60197
30,124.69
12/2/22 - TREE LIGHTING
Community Experiences
101-3003-60149
200.00
11/2022 - SECURITY PATROL SERVICES
Professional Services
101-6004-60103
3,883.51
12/2022 - STVR PERMITTING SOFTWARE
Professional Services
101-1005-60103
3,820.00
O1/01-03/31/22 - SEISMIC HAZARD MAPP...
SMIP Fees Payable
101-0000-20308
4,689.52
O1/01-03/31/22 - SEISMIC HAZARD MAPP...
SMIP Fees
101-0000-42610
-234.48
10/27/22- CITYWIDE POSTAGE MACHINE ...
Postage
101-1007-60470
4,000.00
10/25/22 - CPRS ANNUAL MEMBERSHIP
Membership Dues
101-3002-60351
555.00
10/2022 - MSCHP FEES
MSHCP Mitigation Fee
101-0000-20310
62,115.00
10/2022 - MSCHP FEES
CVMSHCP Admin Fee
101-0000-43631
-621.15
10/2022 - RADIO MAINTENANCE
Operating Supplies
101-2001-60420
310.68
11/15/22 - PLANTS
Materials/Supplies
101-3005-60431
619.56
Fund 101 - GENERAL FUND Total:
205,319.74
11/04/22 - ASPHALT PATCH BAGS (120)
Asphalt
201-7003-60430
1,770.25
Fund 201- GAS TAX FUND Total:
1,770.25
11/14/22 - WATER FAUCET PARTS FOR LIB... Maintenance/Services 202-3004-60691
11/07/22- LIBRARY TOILET REPAIRS Maintenance/Services 202-3004-60691
10/2022-JANITORALSERVICES Janitorial 202-3004-60115
10/2022-JANITORALSERVICES Janitorial 202-3006-60115
Fund 202 - LIBRARY & MUSEUM FUND Total:
131.35
275.00
2,844.14
885.93
4,136.42
09/2022 - SRR PERIMETER LS MAINT
SilverRock Way Landscape
215-7004-60143
5,478.00
10/2022 - SRR PERIMETER LS MAINT
SilverRock Way Landscape
215-7004-60143
6,556.00
11/21/22 - VILLAGE STREET POTTERY REP...
Maintenance/Services
215-7004-60691
8,750.00
10/31/22 SRR RETENTION BASIN TAMARI...
Maintenance/Services
215-7004-60691
7,500.00
11/2022 - LIGHTING MAINTENANCE SERVI...
Consultants
215-7004-60104
6,063.92
11/17/22 - OPERATION SUPPLIES
Operating Supplies
215-7004-60420
267.22
11/22/22 - LANDSCAPE LIGHT CHANGING ...
Maintenance/Services
215-7004-60691
600.00
11/07/22 - PLANTS
Materials/Supplies
215-7004-60431
2,234.81
11/11/22 - PLANTS
Materials/Supplies
215-7004-60431
2,465.91
11/14/22 & 11/17/22 - PLANT REPLACEM...
Maintenance/Services
215-7004-60691
912.00
11/8/22 - PLANTS
Materials/Supplies
215-7004-60431
686.37
11/10/22 - PLANTS
Materials/Supplies
215-7004-60431
1,131.38
Fund 215 - LIGHTING & LANDSCAPING FUND Total:
42,645.61
10/2022 - AB393 ORGANICS PROGRAM
AB 939 Recycling Solutions
221-0000-60127
6,890.38
Fund 221 - AB 939 - CALRECYCLE FUND Total:
6,890.38
10/2022 - TUMF FEES
TUMF Payable to CVAG
224-0000-20320
99,036.00
Fund 224 - TUMF FUND Total:
99,036.00
Fund: 249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016)
NV5 209560 08/28-10/01/22 - SURVEY SERVICES MAN... Affordable Housing Project De... 249-0000-80050 885.00
Fund 249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016) Total: 885.00
Fund: 270 - ART IN PUBLIC PLACES FUND
SIGNATURE SCULPTURE 209576 11/23/22 - DESERT LEGACY SCULPTURE R... APP Maintenance 270-0000-60683 2,250.00
Fund 270 - ART IN PUBLIC PLACES FUND Total: 2,250.00
12/12/2022 11:39:31 AM
-]�
Page 2 of 6
Demand Register Packet: APPKT03319 - 12/02/202216
Vendor Name
Payment Number
Description (Item)
Account Name
Account Number
Amount
Fund: 401- CAPITAL IMPROVEMENT PROGRAMS
NAI CONSULTING INC
209557
10/2022 - 2021-01 DUNE PALMS ROAD P...
Professional Services
401-0000-60103
3,780.00
NAI CONSULTING INC
209557
10/2022 - LA QUINTA X PARK
Professional Services
401-0000-60103
1,400.00
NAI CONSULTING INC
209557
10/2022 - 201709 JEFFERSON ST AT AVE 5...
Professional Services
401-0000-60103
7,227.50
NAI CONSULTING INC
209557
10/2022 2019-23 WASHINGTON STAVE 5...
Professional Services
401-0000-60103
825.00
NAI CONSULTING INC
209557
10/2022 - 2016-03 LANDSCAPE RENOVAT...
Professional Services
401-0000-60103
8,665.00
NAI CONSULTING INC
209557
10/2022 - BLACKHAWK WAY SCHOOL CRO...
Professional Services
401-0000-60103
4,617.50
NAI CONSULTING INC
209557
10/2022 - CITYWIDE MISC ADA IMPROVE...
Professional Services
401-0000-60103
112.50
NAI CONSULTING INC
209557
10/2022 AVE 50 REHAB WASH ST TO EISE...
Professional Services
401-0000-60103
350.00
NAI CONSULTING INC
209557
10/2022 - AVE 50 BRIDGE SPANNING THE ...
Professional Services
401-0000-60103
1,120.00
NAI CONSULTING INC
209557
10/2022 MOON RIVER DRIVE PAVEMENT...
Professional Services
401-0000-60103
4,427.50
NAI CONSULTING INC
209557
10/2022 - 2019-01 VILLAGE ART/CULTURA...
Professional Services
401-0000-60103
300.00
NAI CONSULTING INC
209557
10/2022 - 2021-02 FRITZ BURNS PARK I ...
Professional Services
401-0000-60103
75.00
NAI CONSULTING INC
209557
10/2022 - AVE 50 WIDENING IMPROVE JE...
Professional Services
401-0000-60103
175.00
NAI CONSULTING INC
209557
10/2022 - CITYWIDE STRIPING REFRESH
Professional Services
401-0000-60103
2,625.00
NAI CONSULTING INC
209557
10/2022 SILVERROCK RESORT INFRASTRU...
Professional Services
401-0000-60103
112.50
NAI CONSULTING INC
209557
10/2022 - 2022-18 SR PARK VENUE WIFi/...
Professional Services
401-0000-60103
2,257.50
NAI CONSULTING INC
209557
10/2022 - CITYWIDE MISC ADA IMPROVE...
Professional Services
401-0000-60103
525.00
NAI CONSULTING INC
209557
10/2022 - 2011-05 DUNE PALMS BRIDGE
Professional Services
401-0000-60103
5,620.00
NV5
209560
10/2022 - AVE 53 & JEFFERSON ROUNDA...
Technical
401-0000-60108
5,902.50
JACOBSSON ENGINEERING CO...
209548
10/2022 - JEFFERSON AVE 53 ROUNDABO...
Retention Payable
401-0000-20600
-5,305.40
JACOBSSON ENGINEERING CO...
209548
10/2022 - JEFFERSON AVE 53 ROUNDABO...
Construction
401-0000-60188
106,108.02
JACOBSSON ENGINEERING CO...
209548
11/2022 - JEFFERSON AVE 53 ROUNDAB...
Retention Payable
401-0000-20600
-20,551.86
JACOBSSON ENGINEERING CO...
209548
11/2022 - JEFFERSON AVE 53 ROUNDAB...
Construction
401-0000-60188
411,037.24
Fund 401 - CAPITAL IMPROVEMENT PROGRAMS Total:
541,405.50
Fund: 501 - FACILITY & FLEET REPLACEMENT
REYES, ARMANDO TORIBIO
209570
10/29/22 - INSTALL TOW HOOK MOUNTI...
Parts, Accessories, and Upfits
501-0000-60675
326.25
PARADISE CHEVROLET AND C...
209564
11/17/22 - PURCHASE 2022 CHEVY SILVER...
Vehicles, Purchased
501-0000-71031
71,038.00
SCHULTZ MOTORSPORTS LLC
209574
2022 FORD F-450 DUMP VIN NEC35724
Parts, Accessories, and Upfits
501-0000-60675
6,597.02
SCHULTZ MOTORSPORTS LLC
209574
2017 CHEVY 2500 UTILITY BED VIN HZ176...
Parts, Accessories, and Upfits
501-0000-60675
6,618.48
WESTERN PACIFIC ROOFING C...
209587
10/27/22 - LQ PARK & REC ROOF REPAIRS
City Bldg Repl/Repair
501-0000-71103
2,781.00
PACIFIC MOBILE STRUCTURES, ..
209561
12/2022 - PW TRAILER RENTAL
Building Leases
501-0000-71032
3,088.51
THE GAS COMPANY
209582
10/2022 - SWEEPER FUEL
Street Sweeper
501-0000-60678
13.00
Fund 501- FACILITY & FLEET REPLACEMENT Total:
90,462.26
Fund: 502 - INFORMATION TECHNOLOGY
TYLER TECHNOLOGIES
209583
08/1-08/31/22 - SOFTWARE SERVICES
Software Implementation/Enh...
502-0000-71049
7,076.25
TYLER TECH NOLOG I ES
209583
09-1-09/27/22 - SOFTWARE SERVICES
Software Implementation/Enh...
502-0000-71049
7,770.00
NEWEGG BUSINESS INC.
209558
07/05/22 - IT SERVER PROTECTION SOFT...
Software Licenses
502-0000-60301
657.00
ACORN TECHNOLOGY SERVICES
209517
11/2022 - IT SERVICES
Consultants
502-0000-60104
26,475.00
MICROSOFT CORPORATION
209556
10/10-11/09/22 - MS AZURE ONLINE SVCS
Software Licenses
502-0000-60301
783.47
CDW GOVERNMENT INC
209529
11/15/22 -ADOBE PROGRAMS FOR L.REY...
Software Licenses
502-0000-60301
642.10
Fund 502 - INFORMATION TECHNOLOGY Total:
43,403.82
Fund: 503 - PARK EQUIP & FACILITY FUND
SHADE STRUCTURES, INC
209575
10/12/22 - SEASONS PARK SHADE STRUC...
Parks
503-0000-71060
3,564.33
Fund 503 - PARK EQUIP & FACILITY FUND Total:
3,564.33
Grand Total: 1,041,769.31
12/12/2022 11:39:31 AM
149
Page 3 of 6
Demand Register
Packet: APPKT03319 - 12/02/20221B
Fund Summary
Fund
101 - GENERAL FUND
201 - GAS TAX FUND
202 - LIBRARY & MUSEUM FUND
215 - LIGHTING & LANDSCAPING FUND
221 - AB 939 - CALRECYCLE FUND
224-TUMF FUND
249 - SA 2011 LOW/MOD BOND FUND (Refinanced in 2016)
270 - ART IN PUBLIC PLACES FUND
401 - CAPITAL IMPROVEMENT PROGRAMS
501 - FACILITY & FLEET REPLACEMENT
502 - INFORMATION TECHNOLOGY
503 - PARK EQUIP & FACILITY FUND
Account Number
101-0000-20308
101-0000-20310
101-0000-42214
101-0000-42610
101-0000-43631
101-1001-60320
101-1002-60101
101-1002-60103
101-1002-60320
101-1002-60510
101-1004-60103
101-1005-60103
101-1007-60402
101-1007-60403
101-1007-60470
101-2001-60109
101-2001-60165
101-2001-60168
101-2001-60174
101-2001-60420
101-2002-61304
101-2002-61400
101-3002-60351
101-3002-60420
101-3003-60149
101-3005-60117
101-3005-60189
101-3005-60431
101-3007-60410
101-3008-60115
101-3008-60123
101-3008-60691
101-6002-60125
101-6004-60103
101-6004-60111
101-6004-60197
101-6004-60320
101-6004-60690
101-6006-60125
101-6006-60420
101-7002-60183
101-7003-60420
101-7006-60420
Grand Total
Account Summary
Account Name
SMIP Fees Payable
MSHCP Mitigation Fee
Wellness Center Leisure E...
SMIP Fees
CVMSHCP Admin Fee
Travel & Training
Contract Services - Admini..
Professional Services
Travel & Training
Contingency for Operatio...
Professional Services
Professional Services
Forms, Copier Paper
Citywide Supplies
Postage
LQ Police Volunteers
Special Enforcement/City...
School Officer
Blood/Alcohol Testing
Operating Supplies
Mobile/Cell Phones/Satell...
Cable/Internet - Utilities
Membership Dues
Operating Supplies
Community Experiences
Civic Center Lake Mainten...
SilverRock Lake Maintena...
Materials/Supplies
Printing
Janitorial
Security & Alarm
Maintenance/Services
Temporary Agency Servic...
Professional Services
Administrative Citation Se...
Animal Shelter Contract 5...
Travel & Training
Uniforms
Temporary Agency Servic...
Operating Supplies
Map/Plan Checking
Operating Supplies
Operating Supplies
Expense Amount
205,319.74
1,770.25
4,136.42
42, 645.61
6,890.38
99,036.00
885.00
2,250.00
541,405.50
90,462.26
43,403.82
3,564.33
1,041,769.31
Expense Amount
4,689.52
62,115.00
70.00
-234.48
-621.15
150.00
3,500.00
1,750.00
259.00
10,000.00
1,200.00
3,820.00
461.54
160.87
4,144.23
152.73
7,540.06
14,531.66
738.71
310.68
240.34
236.12
555.00
275.00
24,397.80
1,350.00
1,350.00
4,262.11
3,396.86
13,785.07
93.53
150.00
1,084.32
3,883.51
894.43
30,124.69
36.00
168.24
1,249.12
154.52
2,665.00
190.61
39.10
12/12/2022 11:39:31 AM
150
Page 4 of 6
Demand Register
Packet: APPKT03319 - 12/02/20221B
Account Summary
Account Number
Account Name
Expense Amount
201-7003-60430
Asphalt
1,770.25
202-3004-60115
Janitorial
2,844.14
202-3004-60691
Maintenance/Services
406.35
202-3006-60115
Janitorial
885.93
215-7004-60104
Consultants
6,063.92
215-7004-60143
SilverRock Way Landscape
12,034.00
215-7004-60420
Operating Supplies
267.22
215-7004-60431
Materials/Supplies
6,518.47
215-7004-60691
Maintenance/Services
17,762.00
221-0000-60127
AB 939 Recycling Solutions
6,890.38
224-0000-20320
TUMF Payable to CVAG
99,036.00
249-0000-80050
Affordable Housing Projec...
885.00
270-0000-60683
APP Maintenance
2,250.00
401-0000-20600
Retention Payable
-25,857.26
401-0000-60103
Professional Services
44,215.00
401-0000-60108
Technical
5,902.50
401-0000-60188
Construction
517,145.26
501-0000-60675
Parts, Accessories, and Up...
13,541.75
501-0000-60678
Street Sweeper
13.00
501-0000-71031
Vehicles, Purchased
71,038.00
501-0000-71032
Building Leases
3,088.51
501-0000-71103
City Bldg Repl/Repair
2,781.00
502-0000-60104
Consultants
26,475.00
502-0000-60301
Software Licenses
2,082.57
502-0000-71049
Software Implementation...
14,846.25
503-0000-71060
Parks
3,564.33
Grand Total:
1,041,769.31
Project Account Summary
Project Account Key
Project Account Name
Project Name
Expense Amount
**None**
**None**
**None**
442,431.44
111205P
Professional Expense
Dune Palms Bridge Imp/BRLKS-543
5,620.00
141513P
Professional Expense
SilverRock Way Infra/Street Impro,
112.50
151609P
Professional Expense
La Quinta X Park
1,400.00
201603P
Professional Expense
La Quinta Landscape Renovation Ir
8,665.00
201709CT
Construction Expense
Ave 53 Jefferson St.Roundabout
517,145.26
201709P
Professional Expense
Ave 53 Jefferson St.Roundabout
7,227.50
201709RP
Retention Payable
Ave 53 Jefferson St.Roundabout
-25,857.26
201709T
Technical Expense
Ave 53 Jefferson St.Roundabout
5,902.50
201901P
Professional Expense
Village Art Plaza Promenade & Cull
300.00
201902P
Professional Expense
Avenue 50 Bridge Spanning the Ew
1,120.00
201923P
Professional Expense
Washington St at Ave 50/Calle Tan
825.00
202101P
Professional Expense
Dune Palms Rd Pavement Rehab-F
3,780.00
202102P
Professional Expense
Fritz Burns Park Improvements
75.00
202103P
Professional Expense
Citywide Miscellaneous ADA Imprc
112.50
202104P
Professional Expense
Citywide Striping Refresh
2,625.00
202201P
Professional Expense
Avenue 50 Pavement Rehab (Was[
350.00
202205P
Professional Expense
Avenue 50 Widening Improvement
175.00
202208P
Professional Expense
Citywide Miscellaneous ADA Imprc
525.00
202210P
Professional Expense
Moon River Drive Pavement Reha[
4,427.50
202216E
General PW Maint - Desert Concepts
General PW Maintenance - Desert
8,750.00
202218P
Professional Expense
SilverRock Park Venue WIN and Ca
2,257.50
202222P
Professional Expense
Blackhawk Way School Crossing
4,617.50
AMEXE
American Express Misc Expenses
American Express Golf Tournamen
3,770.03
CONCERTE
Concert Expense
Master Account for all SRR Concern
8,117.00
CSA152E
CSA 152 Expenses
CSA 152 Project Tracking
13.00
IRONE
Ironman Expense
Ironman Event
13,632.70
STVRE
Short Term Vacation Rental Expense
Short Term Vacation Rental Trackit
17,703.51
12/12/2022 11:39:31 AM
151
Page 5 of 6
Demand Register
Packet: APPKT03319 - 12/02/2022 JB
Project Account Key
TREEE
VETSE
Project Account Summary
Project Account Name
Tree Lighting Ceremony Expense
Veterans Day Ceremony Expense
Grand Total
Project Name
Tree Lighting Ceremony
Veterans Day Ceremony
1,041,769.31
Expense Amount
1,402.50
4,543.63
12/12/2022 11:39:31 AM Page 6 of 6
152
Q4&r&
City of La Quinta
Al 7FtMIFN -
Demand Register
Packet: APPKT03328 - 12/09/2022 JB
Vendor Name
Payment Number
Description (Item)
Account Name
Account Number
Amount
Fund: 101- GENERAL FUND
ANSAFONE CONTACT CENTERS
209593
10/24-11/20/22 - PM 10 ANSWERING SER...
PM 10 - Dust Control
101-7006-60146
137.25
UNITED WAY OF THE DESERT
209649
CONTRIBUTION
United Way Deductions
101-0000-20981
37.00
UNITED WAY OF THE DESERT
209649
CONTRIBUTION
United Way Deductions
101-0000-20981
37.00
WILLDAN
209656
09/2022-ONCALLTRAFFIC ENGINEERING ...
Contract Traffic Engineer
101-7006-60144
6,680.00
WILLDAN
209656
09/2022 - PW ONCALL PLAN CHECKING 5...
Map/Plan Checking
101-7002-60183
525.00
CHARTER COMMUNICATIONS ...
209601
11/16-12/15/22 - FS #32 CABLE (8152)
Cable/Internet - Utilities
101-2002-61400
94.41
MODERNISM WEEK
209627
07/11/22 - MODERNISM SPONSORSHIP PIL
Community Experiences
101-3003-60149
5,000.00
MAYSELS, SUSAN MULLIN
209625
09/13-11/28/22 - CLERK'S OFFICE ASSIST...
Professional Services
101-1005-60103
2,677.50
SALAS, MICHAEL
209639
FY 22/23 ANNUAL WELLNESS DOLLARS M....
Annual Wellness Dollar Reimb...
101-1004-50252
200.00
ARVIZU, ERIKA
209594
FY 22/23 ANNUAL WELLNESS DOLLARS RE...
Annual Wellness Dollar Reimb...
101-1004-50252
200.00
CASH/PETTY CASH
2O9599
08/22/22 - LAFCO MEETING PARKING
Travel & Training
101-1001-60320
6.00
CASH/PETTY CASH
2O9599
09/07/22 - HEALTH FAIR DECOR/SUPPLIES
Employee Recognition Events
101-1004-60340
42.51
CASH/PETTY CASH
2O9599
08/23/22 - FY 22/23 PLANNER
Office Supplies
101-1004-60400
25.00
CASH/PETTY CASH
2O9599
08/25/22 - FY 22/23 PLANNERS
Office Supplies
101-1004-60400
50.00
CASH/PETTY CASH
2O9599
07/19/22 - 4 KEYS FOR COP GOLF CART
LQ Police Volunteers
101-2001-60109
23.71
CASH/PETTY CASH
2O9599
11/15/22 - BAGELS FOR CITIZENS ON PAT...
LQ Police Volunteers
101-2001-60109
18.00
CASH/PETTY CASH
2O9599
11/03/22 - BAGELS FOR CULTURAL CAMP...
Travel & Training
101-3001-60320
26.07
CASH/PETTY CASH
2O9599
11/02/22 - COFFEE FOR PLANNING MEETI...
Travel & Training
101-3001-60320
40.00
PATRICIA A REYNAN INC
209632
12/02/22 - TOT REFUND STVR #S 064567....
TBID Due to VGPS
101-0000-20303
422.40
PATRICIA A REYNAN INC
209632
12/02/22 - TOT REFUND STVR #S 064567....
TOT - Short Term Vac. Rentals
101-0000-41401
2,804.00
COACHELLA VALLEY CATERING...
209604
12/06/22 - CATERING FOR HOILDAY OPEN...
Community Special Events
101-1001-60137
3,817.11
BURNS, ALICE QUIROZ
209595
12/13/22 - CUPCAKES FOR EMPLOYEE EV...
Employee Recognition Events
101-1004-60340
345.00
FROSTY'S AIR CONDITIONING ...
209614
11/28/22 - SHELVES FOR SPORTS COMPLEX
Maintenance/Services
101-3008-60691
704.00
EISENHOWER OCCUPATIONAL...
209610
11/2022 - PRE EMPLOYMENT PHYSICALS
Recruiting/Pre-Employment
101-1004-60129
570.00
POWERS AWARDS INC
209633
12/01/22 - NAME PLATE/PLAQUE FOR D....
Operating Supplies
101-1002-60420
50.64
CACEO
209597
02/7/23 - WEBINAR G.DUCHENE
Travel & Training
101-6004-60320
36.00
CACEO
209597
03/2/23 - WEBINAR G.DUCHENE
Travel & Training
101-6004-60320
36.00
CACEO
209597
02/7/23 - WEBINAR B.RODRIGUEZ
Travel & Training
101-6004-60320
36.00
CACEO
209597
03/2/23 - WEBINAR B.RODRIGUEZ
Travel & Training
101-6004-60320
36.00
CACEO
209597
02/7/23 - WEBINAR C.GAMEZ
Travel & Training
101-6004-60320
36.00
CACEO
209597
03/2/23 - WEBINAR C.GAMEZ
Travel & Training
101-6004-60320
36.00
CACEO
209597
02/7/23 - WEBINAR P.VILLANUEVA
Travel & Training
101-6004-60320
36.00
CACEO
209597
3/2/23 - WEBINAR P.VILLANUEVA
Travel & Training
101-6004-60320
36.00
CACEO
209597
02/7/23 - WEBINAR M.SALAS
Travel & Training
101-6004-60320
36.00
CACEO
209597
03/2/23 - WEBINAR M.SALAS
Travel & Training
101-6004-60320
36.00
GILL, JASKARN
209615
11/01/22 - WELLNESS CENTER MEMBERSH..
Wellness Center Memberships
101-0000-42218
150.00
MAHON, EMILY
209624
11/23/22 - WELLNESS CENTER MEMBERSH..
Wellness Center Memberships
101-0000-42218
75.00
RUDY, LORI A
209638
12/01/22 - ESSENTIAL FITNESS CLASSES
Instructors
101-3002-60107
95.20
WILLIAMS, BILLEE
209657
12/01/22 - PILATES CLASS
Instructors
101-3002-60107
252.00
SHIRY, TERESA
209640
12/01/22 - BALLROOM BEGINNING CLASS...
Instructors
101-3002-60107
312.90
VIELHARBER, KAREN
209652
12/01/22 - GENTLE YOGA CLASSES
Instructors
101-3002-60107
246.40
HEWETT, ATSUKO YAMANE
209617
12/01/22 -TAI CHI YANG CLASSES
Instructors
101-3002-60107
347.20
NOVAK, JAN
209629
12/01/22 - PICKLEBALL 101 BEGINNER CL...
Instructors
101-3002-60107
800.00
VERITAS TECHNOLOGIES LLC
209650
11/25/22 - DATA BACK-UP FOR LASERFICHE
Professional Services
101-1005-60103
1,149.71
WELLNESS WORKS
209655
11/2022 - EAP SERVICES
Consultants/Employee Services
101-1004-60104
391.60
VINTAGE ASSOCIATES
209653
11/12-11/13/22 - EXTRA CIVIC PARK MAI...
Maintenance/Services
101-3005-60691
200.00
VINTAGE ASSOCIATES
209653
11/30/22 - TREES (4)
Materials/Supplies
101-3005-60431
1,235.00
CIVICPLUS, LLC
209602
11/25/22 - MUNICIPAL CODE ONLINE COD...
Professional Services
101-1005-60103
720.00
CMRTA
209603
01/01-12/31/23 - MEMBERSHIP DUES R.H...
Membership Dues
101-1006-60351
150.00
CACEO
209597
11/28/22 - MEMBERSHIP DUES C.GAMEZ
Membership Dues
101-6004-60351
100.00
CACEO
209597
11/28/22 - MEMBERSHIP DUES B.RODRIG...
Membership Dues
101-6004-60351
100.00
DESERT RECREATION DISTRICT
209608
10/2022 - FB POOL OPERATIONS & PROG...
Fritz Burns Pool Programming
101-3003-60184
12,885.10
SMITH PIPE & SUPPLY CO
209642
11/1/22 - IRRIGATION SUPPLIES FOR BEAR...
Materials/Supplies
101-3005-60431
329.89
12/12/2022 11:35:31 AM
Page 1 of 7
153
Demand Register
Packet: APPKT03328 - 12/09/2022 JB
Vendor Name
Payment Number
Description (Item)
Account Name
Account Number
Amount
SOUTH COAST AIR QUALITY M...
209643
9/2/22- CH GEN ANNUAL RENEWAL FEES ...
Annual Permits/Inspections
101-3008-60196
937.52
SOUTH COAST AIR QUALITY M...
209643
FY 22/23 CH FLAT EMISSIONS FEE & LATE ...
Annual Permits/Inspections
101-3008-60196
159.44
ALPHA MEDIA LLC
209592
11/2022 - IRONMAN DIGITAL ADS
Community Experiences
101-3003-60149
2,666.67
ALPHA MEDIA LLC
209592
11/2022 - IRONMAN RADIO SPONSORSHIP..
Community Experiences
101-3003-60149
4,343.76
ALPHA MEDIA LLC
209592
11/2022 - IRONMAN DIGITAL BANNERS
Community Experiences
101-3003-60149
275.00
MERCHANTS BUILDING MAINT...
209626
11/15/22 - CH COVID 19 CLEANING
Janitorial
101-3008-60115
730.00
MERCHANTS BUILDING MAINT...
209626
07/01-09/01/22 - LQ PARK RESTROOM CL...
Janitorial
101-3008-60115
453.96
MERCHANTS BUILDING MAINT...
209626
10/23/21-6/30/22 - LQ PARK RESTROOM ...
Janitorial
101-3008-60115
1,271.08
VINTAGE E & S INC
209654
12/4/22 - SPORT COMPLEX PARKING LOT ...
Maintenance/Services
101-3005-60691
825.40
VINTAGE E & S INC
209654
12/4/22 - CIVIC PARK GFCI RECEPTACLES I...
Maintenance/Services
101-3005-60691
4,761.77
FEDEX
209612
11/14/22 - OVERNIGHT MAIL
Postage
101-1007-60470
25.98
FEDEX
209612
11/22/22 - OVERNIGHT MAIL
Postage
101-1007-60470
12.99
INTERWEST CONSULTING GR...
209622
10/2022 - INSPECTION SERVICES
Plan Checks
101-6003-60118
20,736.25
ESPINOZA, DAVID C.
209611
11/11/22 - CHAIRS FOR VETERANS DAY EV...
Community Experiences
101-3003-60149
475.00
ESPINOZA, DAVID C.
209611
12/2/22 - CHAIRS FOR TREE LIGHTING EV...
Community Experiences
101-3003-60149
345.00
IMPERIAL IRRIGATION DIST
209620
11/28/22 - ELECTRICITY SERVICE
Electricity - Utilities
101-2002-61101
658.77
IMPERIAL IRRIGATION DIST
209620
11/28/22 - ELECTRICITY SERVICE
Electric - Velasco Park - Utilities
101-3005-61111
14.00
IMPERIAL IRRIGATION DIST
209620
11/28/22 - ELECTRICITY SERVICE
Electricity - Utilities
101-3008-61101
361.53
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electricity - Utilities
101-2002-61101
1,364.20
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electric - Monticello Park - Utili..
101-3005-61102
13.50
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electric - Civic Center Park - Uti..
101-3005-61103
3,909.48
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electric - Fritz Burns Park - Utili...
101-3005-61105
1,470.86
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electric - Sports Complex - Utili...
101-3005-61106
5,277.17
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electric - Colonel Paige - Utiliti...
101-3005-61108
1,278.57
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electric - Community Park - Util..
101-3005-61109
9,301.78
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electric - Adams Park - Utilities
101-3005-61110
39.83
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electric - Eisenhower Park - Util..
101-3005-61113
18.84
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electric - Desert Pride - Utilities
101-3005-61114
13.84
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electricity - Utilities
101-3008-61101
13,926.48
COACHELLA VALLEY WATER DI...
209605
11/28/22 - WATER SERVICE
Water - Civic Center Park - Utili..
101-3005-61202
2,684.24
COACHELLA VALLEY WATER DI...
209605
11/28/22 - WATER SERVICE
Water -Community Park - Utilit..
101-3005-61209
5,155.55
COACHELLA VALLEY WATER DI...
209605
11/30/22 - WATER SERVICE
Water -Pioneer Park - Utilities
101-3005-61207
835.96
COACHELLA VALLEY WATER DI...
209605
11/30/22 - WATER SERVICE
PM 10 - Dust Control
101-7006-60146
150.74
TRULY NOLEN INC
209647
07/01/22-06/30/23 - LQ PARK RODENT C...
Pest Control
101-3008-60116
228.00
TRULY NOLEN INC
209647
07/01/22-06/30/23 - FS #32 RODENT CON...
Pest Control
101-2002-60116
570.00
TRULY NOLEN INC
209647
07/01/22-06/30/23 - WC RODENT CONTR...
Pest Control
101-3008-60116
581.40
TRULY NOLEN INC
209647
07/01/22-06/30/23 - CH RODENT CONTR...
Pest Control
101-3008-60116
786.60
TRULY NOLEN INC
209647
07/01/22-06/30/23 - FS #70 RODENT CON...
Pest Control
101-2002-60116
570.00
TRULY NOLEN INC
209647
07/01/22-06/30/23 - FS #93 RODENT CON...
Pest Control
101-2002-60116
513.00
TRULY NOLEN INC
209647
07/01/22-06/30/23 - LQ PARK PEST CONT...
Pest Control
101-3008-60116
741.00
TRULY NOLEN INC
209647
07/01/22-06/30/23 - FS #32 PEST CONTR...
Pest Control
101-2002-60116
798.00
TRULY NOLEN INC
209647
7/1/22-6/30/23 - SPORTS COMPLEX PARK ...
Pest Control
101-3008-60116
391.40
TRULY NOLEN INC
209647
07/01/22-06/30/23 - WC PEST CONTROL
Pest Control
101-3008-60116
843.60
TRULY NOLEN INC
209647
07/01/22-06/30/23 - CH PEST CONTROL
Pest Control
101-3008-60116
946.20
TRULY NOLEN INC
209647
07/01/22-06/30/23 - FS #70 PEST CONTR...
Pest Control
101-2002-60116
820.80
TRULY NOLEN INC
209647
07/01/22-06/30/23 - FS #93 PEST CONTR...
Pest Control
101-2002-60116
752.40
TRULY NOLEN INC
209647
07/01/22-06/30/23 - PW YARD PEST CON...
Pest Control
101-3008-60116
570.00
TRULY NOLEN INC
209647
07/01/22-06/30/23 - FB PEST CONTROL
Pest Control
101-3008-60116
456.00
TRULY NOLEN INC
209647
07/01/22-06/30/23 - SRR PARK PEST CON...
Pest Control
101-3008-60116
855.00
BURRTEC WASTE & RECYCLING..
209596
11/10/22 - TRASH SERVICES FOR LQ ART C...
Professional Services
101-1002-60103
3,975.84
YOCKEY, JENNIFER LYNNE
209658
11/2022 STRETCHING & MEDIATION EMP...
Professional Services
101-1004-60103
600.00
RIVERSIDE ASSESSOR
209635
11/2022 - RECORDING FEES
Technical
101-6004-60108
20.00
RIVERSIDE ASSESSOR
209635
10/2022 - RECORDING FEES
Due to County Recorder
101-0000-20325
424.00
INTERWEST CONSULTING GR...
209622
10/2022 - ONCALL BUILDING & SAFETY PL...
Plan Checks
101-6003-60118
15,487.50
IMPERIAL IRRIGATION DIST
209620
11/28/22 - ELECTRICITY SERVICE
Electric - SilverRock Event Site -..
101-3005-61115
3,291.19
COACHELLA VALLEY WATER DI...
209605
11/28/22 - WATER SERVICE
Water - Utilities
101-2002-61200
181.96
COACHELLA VALLEY WATER DI...
209605
11/28/22 - WATER SERVICE
Water -Eisenhower Park - Utilit..
101-3005-61203
246.75
COACHELLA VALLEY WATER DI...
209605
11/28/22 - WATER SERVICE
Water -Velasco Park - Utilities
101-3005-61205
285.32
COACHELLA VALLEY WATER DI...
209605
11/30/22 - WATER SERVICE
Water -Fritz Burns Park - Utiliti...
101-3005-61204
3,339.51
COACHELLA VALLEY WATER DI...
209605
11/30/22 - WATER SERVICE
Water - Utilities
101-3008-61200
598.43
12/12/2022 11:35:31 AM
Page 2 of 7
154
Demand Register
Packet: APPKT03328 - 12/09/2022 JB
Vendor Name
Payment Number
Description (Item)
Account Name
Account Number
Amount
NEIGHBORS FOR NEIGHBORH...
209628
12/O1/22 - POLITICAL SIGN DEP REFUND 5...
Election Deposit
101-0000-22835
200.00
NEIGHBORS FOR NEIGHBORH...
209628
12/O1/22 - POLITICAL SIGN DEP REFUND 5...
Election Deposit
101-0000-22835
200.00
SYLK, ROBERT F.
209644
12/1/22 - POLITICAL SIGN DEP REFUND SA...
Election Deposit
101-0000-22835
200.00
CRH MANAGEMENT LLC
209606
11/21/22 GENERAL CONTRACTOR FEE RE...
Over Payments, AR Policy
101-0000-20330
50.00
A&C WINDOW AND DOOR SPE...
209590
11/29/22 - BUSINESS LIC REFUND LIC 768...
Over Payments, AR Policy
101-0000-20330
40.00
ROADPOST USA INC.
209636
11/23-12/22/22 - EOC SATELLITE PHONES
Mobile/Cell Phones/Satellites
101-2002-61304
173.01
HINDERLITER DE LLAMAS & AS...
209618
10/O1/12/31/22 - SALES TAX/AUDIT SERVI...
Consultants
101-1006-60104
2,624.11
QUINN COMPANY
209634
11/29/22 - CH GENERATOR REPAIR
Machinery & Equipment
101-2002-80101
1,068.10
Fund 101 - GENERAL FUND Total:
172,356.88
Fund: 201 - GAS TAX FUND
TOPS' N BARRICADES INC
209645
11/30/22 - TRAFFIC CONTROL SIGNS
Materials/Supplies
201-7003-60431
482.00
UNDERGROUND SERVICE ALERT
209648
12/O1/2022 - DIG ALERT SERVICES
Materials/Supplies
201-7003-60431
52.00
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electricity - Utilities
201-7003-61101
834.25
Fund 201- GAS TAX FUND Total:
1,368.25
Fund: 202 - LIBRARY & MUSEUM FUND
MERCHANTS BUILDING MAINT...
209626
11/14/22 - MUSEUM ENTRY BID CLEANING
Janitorial
202-3006-60115
275.00
IMPERIAL IRRIGATION DIST
209620
11/28/22 - ELECTRICITY SERVICE
Electricity - Utilities
202-3004-61101
3,797.70
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electricity - Utilities
202-3006-61101
1,145.28
TRULY NOLEN INC
209647
07/O1/22-06/30/23 - MUSEUM PEST CON...
Pest Control
202-3006-60116
592.80
TRULY NOLEN INC
209647
07/O1/22-06/30/23 - LIBRARY PEST CONT...
Pest Control
202-3004-60116
843.60
PACIFIC WEST AIR CONDITION...
209630
11/03/22 - LIBRARY HVAC
HVAC
202-3004-60667
1,014.00
Fund 202 -
LIBRARY & MUSEUM FUND Total:
7,668.38
Fund: 215 - LIGHTING & LANDSCAPING FUND
JERNIGAN'S, INC
209623
11/21/22 - SAFTEY BOOTS L.REGALADO
Safety Gear
215-7004-60427
163.11
IMPERIAL IRRIGATION DIST
209620
11/28/22 - ELECTRICITY SERVICE
Electric - Utilities
215-7004-61116
589.70
IMPERIAL IRRIGATION DIST
209620
11/28/22 - ELECTRICITY SERVICE
Electric - Medians - Utilities
215-7004-61117
747.38
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electric - Utilities
215-7004-61116
6,378.84
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electric - Medians - Utilities
215-7004-61117
2,337.85
COACHELLA VALLEY WATER DI...
209605
11/28/22 - WATER SERVICE
Water- Medians - Utilities
215-7004-61211
9,125.29
COACHELLA VALLEY WATER DI...
209605
11/30/22 - WATER SERVICE
Water- Medians - Utilities
215-7004-61211
12,905.84
Fund 215 - LIGHTING
& LANDSCAPING FUND Total:
32,248.01
Fund: 221 - AB 939 - CALRECYCLE FUND
ALPHA MEDIA LLC
209592
11/2022 - RECYCLE RADIO ADS 93.7 KCLB
AB 939 Recycling Solutions
221-0000-60127
1,790.52
ALPHA MEDIA LLC
209592
11/2022 - RECYCLE RADIO ADS MIX 100.5
AB 939 Recycling Solutions
221-0000-60127
1,781.82
Fund 221 - AB 939 - CALRECYCLE FUND Total:
3,572.34
Fund: 235 - SO COAST AIR QUALITY FUND
IMPERIAL IRRIGATION DIST
209620
11/30/22 - ELECTRICITY SERVICE
Electricity - Utilities
235-0000-61101
1,178.63
Fund 235 - SO
COAST AIR QUALITY FUND Total:
1,178.63
Fund: 241 - HOUSING AUTHORITY
CAHA, BECKY
209598
11/2022 - HOUSING CONSULTANT SERVIC...
Professional Services
241-9101-60103
6,850.00
Fund 241- HOUSING AUTHORITY Total:
6,850.00
Fund: 270 - ART IN PUBLIC PLACES FUND
SIGNATURE SCULPTURE
209641
12/5/22 - DESERT LEGACY SCULPTURE RE...
APP Maintenance
270-0000-60683
2,250.00
POWERS AWARDS INC
209633
10/22/22 - NAME PLATES FOR APP
Art Purchases
270-0000-74800
126.61
Fund 270 - ART
IN PUBLIC PLACES FUND Total:
2,376.61
Fund: 401 - CAPITAL IMPROVEMENT PROGRAMS
HAMMEL, GREEN, AND ABRA...
209616
09/2022 - CULTURAL CAMPUS DESIGN
Design
401-0000-60185
17,230.00
HAMMEL, GREEN, AND ABRA...
209616
10/2022 - CULTURAL CAMPUS DESIGN
Design
401-0000-60185
17,230.00
DAVID EVANS AND ASSOCIATE...
209607
07/31-08/27/22 - 2016-03 TOPAZ STREET...
Design
401-0000-60185
472.40
DAVID EVANS AND ASSOCIATE...
209607
08/28-09/24/22 - 2016-03 TOPAZ STREET...
Design
401-0000-60185
2,916.88
VINTAGE E & S INC
209654
11/11/22 - X-PARK ONCALL ELECTRICAL 5...
Construction
401-0000-60188
330.16
IMPERIAL IRRIGATION DIST
209621
12/08/22 - 2011-05 SHOO FLY
Construction
401-0000-60188
60,500.00
Fund 401- CAPITAL IMPROVEMENT PROGRAMS Total:
98,679.44
Fund: 501 - FACILITY & FLEET REPLACEMENT
PARKHOUSE TIRE INC
209631
11/04/22 - WATER TRUCK TIRE REPAIR
Vehicle Repair & Maintenance
501-0000-60676
581.67
PARKHOUSE TIRE INC
209631
11/07/22 - TIRE DISPOSAL
Vehicle Repair & Maintenance
501-0000-60676
182.50
PARKHOUSE TIRE INC
209631
11/17/22 - CAT SKIPLOADER FLAT TIRE RE...
Vehicle Repair & Maintenance
501-0000-60676
295.00
12/12/2022 11:35:31 AM
Page 3 of 7
155
Demand Register
Vendor Name Payment Number
HWY 111 LA QUINTA CAR WA...
209619
DURABLE COATING, INC.
209609
DURABLE COATING, INC.
209609
TOWER ENERGY GROUP
209646
Fund: 502 - INFORMATION TECHNOLOGY
CHARTER COMMUNICATIONS ...
209601
CHARTER COMMUNICATIONS ...
209601
ACORN TECHNOLOGY SERVICES
209591
ACORN TECHNOLOGY SERVICES
209591
ACORN TECHNOLOGY SERVICES
209591
VERIZON WIRELESS
209651
VERIZON WIRELESS
209651
VERIZON WIRELESS
209651
CDW GOVERNMENT INC
209600
FRONTIER COMMUNICATIONS...
209613
Fund: 601 - SILVERROCK RESORT
ROTO ROOTER PLUMBERS INC 209637
ROTO ROOTER PLUMBERS INC 209637
ROTO ROOTER PLUMBERS INC 209637
VINTAGE E & S INC 209654
Packet: APPKT03328 - 12/09/2022 JB
Description (Item) Account Name Account Number Amount
10/2022 - CAR WASH SERVICES
Vehicle Repair & Maintenance
501-0000-60676
24.00
11/02/22 - BED LINERS FOR TRUCKS VINS ...
Parts, Accessories, and Upfits
501-0000-60675
1,616.25
11/16/22 - BED LINER FOR VIN 6783
Parts, Accessories, and Upfits
501-0000-60675
777.13
11/01-11/15/22 - FUEL
Fuel & Oil
501-0000-60674
4,575.93
Fund 501 - FACILITY & FLEET REPLACEMENT Total:
8,052.48
10/15-11/14/22 - WC CABLE (8105)
Cable/Internet - Utilities
502-0000-61400
154.52
11/12-12/11/22 - CITY YARD CABLE (4080)
Cable/Internet - Utilities
502-0000-61400
81.70
10/2022 -TRAFFIC SERVER MAINTENANCE
Consultants
502-0000-60104
765.00
10/2022 - IT SERVICES
Consultants
502-0000-60104
26,325.00
10/2022 - SHADOW PROTECT LICENSES (4)
Consultants
502-0000-60104
954.00
10/02-11/01/22 - BACKUP SERVER (2183)
Cable/Internet - Utilities
502-0000-61400
66.17
10/02-11/01/22 - CITY IPADS (5587)
Cell/Mobile Phones
502-0000-61301
1,153.22
10/02-11/01/22 - CITY CELL SVC (5496)
Cell/Mobile Phones
502-0000-61301
3,034.83
10/20/22 - ADOBE PRO SOFTWARE J.NELS...
Software Licenses
502-0000-60301
490.50
11/12-12/11/22 - X-PARK INTERNET
Cable/Internet - Utilities
502-0000-61400
904.07
Fund 502 - INFORMATION TECHNOLOGY Total:
33,929.01
11/3/22 - PUMP 6000 GALLONS FROM SRR..
Repair & Maintenance
601-0000-60660
2,100.00
11/9/22 - PUMP 5000 GALLONS SRR SEPTI...
Repair & Maintenance
601-0000-60660
2,014.00
11/16/22 - PUMP 1000 GALLONS SRR SEPT..
Repair & Maintenance
601-0000-60660
350.00
10/25/22 - SRR CLUBHOUSE ELECTRICALS
Repair & Maintenance
601-0000-60660
781.24
Fund
601 - SILVERROCK RESORT Total:
5,245.24
Grand Total: 373,525.27
12/12/2022 11:35:31 AM
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Demand Register
Packet: APPKT03328 - 12/09/20221B
Fund Summary
Fund
101 - GENERAL FUND
201 - GAS TAX FUND
202 - LIBRARY & MUSEUM FUND
215 - LIGHTING & LANDSCAPING FUND
221 - AB 939 - CALRECYCLE FUND
235 - SO COAST AIR QUALITY FUND
241 - HOUSING AUTHORITY
270 - ART IN PUBLIC PLACES FUND
401 - CAPITAL IMPROVEMENT PROGRAMS
501 - FACILITY & FLEET REPLACEMENT
502 - INFORMATION TECHNOLOGY
601 - SILVERROCK RESORT
Account Number
101-0000-20303
101-0000-20325
101-0000-20330
101-0000-20981
101-0000-22835
101-0000-41401
101-0000-42218
101-1001-60137
101-1001-60320
101-1002-60103
101-1002-60420
101-1004-50252
101-1004-60103
101-1004-60104
101-1004-60129
101-1004-60340
101-1004-60400
101-1005-60103
101-1006-60104
101-1006-60351
101-1007-60470
101-2001-60109
101-2002-60116
101-2002-61101
101-2002-61200
101-2002-61304
101-2002-61400
101-2002-80101
101-3001-60320
101-3002-60107
101-3003-60149
101-3003-60184
101-3005-60431
101-3005-60691
101-3005-61102
101-3005-61103
101-3005-61105
101-3005-61106
101-3005-61108
101-3005-61109
101-3005-61110
101-3005-61111
101-3005-61113
Grand Total
Account Summary
Account Name
TBID Due to VGPS
Due to County Recorder
Over Payments, AR Policy
United Way Deductions
Election Deposit
TOT - Short Term Vac. Ren..
Wellness Center Member...
Community Special Events
Travel & Training
Professional Services
Operating Supplies
Annual Wellness Dollar Re...
Professional Services
Consultants/Employee Se...
Recruiting/Pre-Employme...
Employee Recognition Ev...
Office Supplies
Professional Services
Consultants
Membership Dues
Postage
LQ Police Volunteers
Pest Control
Electricity - Utilities
Water - Utilities
Mobile/Cell Phones/Satell...
Cable/Internet - Utilities
Machinery & Equipment
Travel & Training
Instructors
Community Experiences
Fritz Burns Pool Program...
Materials/Supplies
Maintenance/Services
Electric - Monticello Park -..
Electric - Civic Center Park...
Electric - Fritz Burns Park -...
Electric - Sports Complex -...
Electric - Colonel Paige - U...
Electric - Community Park..
Electric - Adams Park - Util..
Electric - Velasco Park - Uti..
Electric - Eisenhower Park..
Expense Amount
172,356.88
1,368.25
7,668.38
32,248.01
3,572.34
1,178.63
6,850.00
2,376.61
98,679.44
8,052.48
33,929.01
5,245.24
373,525.27
Expense Amount
422.40
424.00
90.00
74.00
600.00
2,804.00
225.00
3,817.11
6.00
3,975.84
50.64
400.00
600.00
391.60
570.00
387.51
75.00
4,547.21
2,624.11
150.00
38.97
41.71
4,024.20
2,022.97
181.96
173.01
94.41
1,068.10
66.07
2,053.70
13,105.43
12,885.10
1,564.89
5,787.17
13.50
3,909.48
1,470.86
5,277.17
1,278.57
9,301.78
39.83
14.00
18.84
12/12/2022 11:35:31 AM
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Demand Register
Packet: APPKT03328 - 12/09/20221B
Account Summary
Account Number
Account Name
Expense Amount
101-3005-61114
Electric - Desert Pride - Uti..
13.84
101-3005-61115
Electric - SilverRock Event...
3,291.19
101-3005-61202
Water - Civic Center Park -..
2,684.24
101-3005-61203
Water -Eisenhower Park-...
246.75
101-3005-61204
Water -Fritz Burns Park-...
3,339.51
101-3005-61205
Water -Velasco Park - Utili..,
285.32
101-3005-61207
Water-PioneerPark- Utili..
835.96
101-3005-61209
Water -Community Park-...
5,155.55
101-3008-60115
Janitorial
2,455.04
101-3008-60116
Pest Control
6,399.20
101-3008-60196
Annual Permits/Inspectio...
1,096.96
101-3008-60691
Maintenance/Services
704.00
101-3008-61101
Electricity -Utilities
14,288.01
101-3008-61200
Water -Utilities
598.43
101-6003-60118
Plan Checks
36,223.75
101-6004-60108
Technical
20.00
101-6004-60320
Travel & Training
360.00
101-6004-60351
Membership Dues
200.00
101-7002-60183
Map/Plan Checking
525.00
101-7006-60144
Contract Traffic Engineer
6,680.00
101-7006-60146
PM 10 - Dust Control
287.99
201-7003-60431
Materials/Supplies
534.00
201-7003-61101
Electricity -Utilities
834.25
202-3004-60116
Pest Control
843.60
202-3004-60667
HVAC
1,014.00
202-3004-61101
Electricity -Utilities
3,797.70
202-3006-60115
Janitorial
275.00
202-3006-60116
Pest Control
592.80
202-3006-61101
Electricity -Utilities
1,145.28
215-7004-60427
Safety Gear
163.11
215-7004-61116
Electric - Utilities
6,968.54
215-7004-61117
Electric - Medians - Utiliti...
3,085.23
215-7004-61211
Water - Medians - Utilities
22,031.13
221-0000-60127
AB 939 Recycling Solutions
3,572.34
235-0000-61101
Electricity -Utilities
1,178.63
241-9101-60103
Professional Services
6,850.00
270-0000-60683
APP Maintenance
2,250.00
270-0000-74800
Art Purchases
126.61
401-0000-60185
Design
37,849.28
401-0000-60188
Construction
60,830.16
501-0000-60674
Fuel & Oil
4,575.93
501-0000-60675
Parts, Accessories, and Up...
2,393.38
501-0000-60676
Vehicle Repair & Mainte...
1,083.17
502-0000-60104
Consultants
28,044.00
502-0000-60301
Software Licenses
490.50
502-0000-61301
Cell/Mobile Phones
4,188.05
502-0000-61400
Cable/Internet - Utilities
1,206.46
601-0000-60660
Repair & Maintenance
5,245.24
Grand Total:
373,525.27
Project Account Summary
Project Account
Key
Project Account Name
Project Name
Expense Amount
**None**
**None**
**None**
262,034.56
111205CT
Construction Expense
Dune Palms Bridge Imp/BRLKS-543
60,500.00
151609CT
Construction Expense
La Quinta X Park
330.16
201603D
Design Expense
La Quinta Landscape Renovation Ir
3,389.28
201901D
Design Expense
Village Art Plaza Promenade & Cull
34,460.00
CORONANR
Corona Non Reimbursable
Corona Virus Emergency Response
730.00
12/12/2022 11:35:31 AM
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Demand Register
Packet: APPKT03328 - 12/09/2022 JB
Project Account Key
IRONE
MACE
TREEE
VETSE
Project Account Summary
Project Account Name
Ironman Expense
La Quinta Art Celebration - Expense
Tree Lighting Ceremony Expense
Veterans Day Ceremony Expense
Grand Total:
Project Name
Ironman Event
La Quinta Art Celebration
Tree Lighting Ceremony
Veterans Day Ceremony
373,525.27
Expense Amount
7,285.43
3,975.84
345.00
475.00
12/12/2022 11:35:31 AM
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Page 7 of 7
160
ATTACHMENT 2
City of La Quinta
Bank Transactions 11/21 - 12/9/2022
Wire Transaction
Listed below are the wire transfers from 11/21 - 12/9/2022.
Wire Transfers:
11/21/2022 - WIRE TRANSFER - COLONIAL LIFE
11/23/2022
- WIRE TRANSFER -
AMERITAS LIFE
11/23/2022
- WIRE TRANSFER -
AMERITAS LIFE
11/23/2022
- WIRE TRANSFER -
AMERITAS LIFE
11/23/2022 - WIRE TRANSFER - AMERITAS LIFE
11/25/2022
- WIRE TRANSFER -
CALPERS
11/25/2022
- WIRE TRANSFER -
CALPERS
11/25/2022
- WIRE TRANSFER -
CALPERS
11/25/2022 - WIRE TRANSFER - LQCEA
11/25/2022
- WIRE TRANSFER -
ICMA
11/29/2022
- WIRE TRANSFER -
STERLING HEALTH
12/01/2022
- WIRE TRANSFER -
MIDAMERICA
12/08/2022 - WIRE TRANSFER - CALPERS
12/08/2022
- WIRE TRANSFER -
LANDMARK
12/09/2022
- WIRE TRANSFER -
LQCEA
12/09/2022
- WIRE TRANSFER -
ICMA
TOTAL WIRE
TRANSFERS OUT
$5,763.33
$89.66
$414.96
$1,972.12
$12,681.96
$5,183.26
$14,916.86
$23,068.54
$423.00
$4,606.83
$1,325.30
$14,817.53
$119,210.33
$232,801.41
$423.00
$20,374.16
$458,072.25
161
162
1�bII11;X19;M1to] 1f1002RAW
City of La Quinta
CITY COUNCIL MEETING: December 20, 2022
STAFF REPORT
AGENDA TITLE: RECEIVE AND FILE FISCAL YEAR 2021/22 GENERAL FUND
YEAR-END BUDGET REPORT AND APPROVE THE AMENDED BUDGET
CARRYOVERS
RECOMMENDATION
Receive and file Fiscal Year 2021/22 General Fund Year -End Budget Report
and approve the amended budget carryovers from 2021/22 to 2022/23.
EXECUTIVE SUMMARY
• After closing the prior fiscal year, Finance presents a year-end summary
that compares the final budget to actual transactions.
• Revenue was nearly $7.7 million higher than budgeted.
• Expenditures (including approved carryovers from 2020/21 into 2021/22)
were $37.1 million under budget. Of these savings, approximately $31.9
million will be carried over to 2022/23 for General Fund capital
improvements and operations, and $226,385 was allocated to Measure G
reserves for net savings of $5.1 million.
FISCAL IMPACT
Amended budget carryovers from 2021/22 to 2022/23 total $32,973,647 for
all Funds and are funded with budgetary savings from 2021/22.
CARRYOVER TOTALS BY FUND
General Fund (101) - Operating
General Fund (101) - Capital Improvements
Lighting & Landscape Fund (215)
RDA Low -Mod Housing Fund (243)
Housing Grants Fund (244)
Art in Public Places Fund (270)
Facility and Fleet Replacement Fund (501)
Information Technology Fund (502)
Park Equipment & Facility Fund (503)
SilverRock Resort Fund (601)
ESTIMATED
REVISED
$
1,404,100
$
1,209,100
$
15,000,000
$
30,761,847
$
300,000
$
157,000
$
-
$
55,000
$
-
$
90,000
$
24,000
$
36,700
$
335,000
$
344,000
$
100,000
$
100,000
$
90,000
$
200,000
$
-
$
20,000
OVERS BY FUND $
17,253,100
$ 32,973,647
163
BACKGROUND/ANALYSIS
The Fiscal Year 2021/22 General Fund Year -End Budget Report (Report)
focuses on the General Fund. Revenues were over budget by $7,723,190
mostly due to tax revenues.
Overall, most department expenditures were under budget with total savings
of $37,106,393. Of these savings, $31,970,947 will be carried over to 2022/23
for multi -year capital projects and operations.
Revenues, expenditures, carryovers, reserve balances, and a year -over -year
comparison are discussed in the Fiscal Year 2021/22 General Fund Year -End
Budget Report (Attachment 1).
ALTERNATIVES
Council may request additional information regarding this report before
approving the recommended amended budget carryovers.
Prepared by: Claudia Martinez, Finance Director
Approved by: Jon McMillen, City Manager
Attachment: 1. Fiscal Year 2021/22 General Fund Year -End Budget Report
164
ATTACHMENT 1
oca Qa�fra
C;AUFORNIA
FISCAL YEAR 2021/22 GENERAL FUND YEAR-END
BUDGET REPORT
OVERVIEW
The City oversees multiple sources of funds which are reported in the Annual
Comprehensive Financial Report (ACFR) issued annually and presented at a
public meeting shortly thereafter. This Fiscal Year 2021/22 Budget Report
(Report) focuses on the General Fund and summarizes the overall financial
activities of fiscal year (FY) 2021/22 and the City's financial position through
June 30, 2022.
The chart below provides a summary comparison of the FY 2021/22 final
budget versus actual revenues and expenses.
Operational Revenues
BudgetFinal
72,377,532
80,100,722 *
7,723,190
Capital/Operational Carryovers
14,640,959
14,640,959
-
Measure G Reserves
7,468,061
7,468,061
-
CIP Savings/Use of Reserves
10,123,350
10,123,350
-
Total Revenues
104,609,902
112,333,092
7,723,190
Operational/CIP Expenses
Multi -Year Capital Improvements
35,491,882
4,415,303
(31,076,579)
Operational
53,448,766
47,418,952 *
6 029 814
88,940,648
51,834,255
(37,106,393)
Expenses Before Carryovers
Plus Carryovers to 2022/23
Multi -Year Capital Improvements
30,761,847
30,761,847
Operational
1,209,100
1,209,100
88,940,648
83,805,202
(5,135,446)
Adjusted Expenditures
Plus Measure G Reserves
3,578,644
226,385
(3,35 259
92,519292
84,031,587(8,487,705)
Total Ex enditures
Surplus/ (Deficit) After Carryovers 12,090,610 28,301,505 16,210,895
*Reduced by non -cash transactions described in the 2021/22 Year -End Budget Report
The General Fund is fiscally resilient, with strong reserves, revenues
exceeding budgetary projections, and expenditure savings. Moving forward,
supporting the economic health and safety of the community and employees
remains a high priority in the decision -making process for the City. As the City
continues to remain fiscally strong, staff will closely monitor economic
conditions as we face ongoing inflationary pressures and will make
recommendations as necessary.
165
Operational revenues were $7,723,190 over budget, and expenses after
adjustments, carryovers, and reserve savings were $8,487,705 under budget
resulting in a budget surplus of $16,210,895. Measure G Reserves and Use of
Assigned Reserves in the amount of $14,936,122 is being used to fund the
Highway Bridge Program advanced construction funding for the Dune Palms
Bridge project.
REVENUE VARIANCES
As detailed in Exhibit A and summarized on the chart below, most General
Fund revenues experienced positive variances when compared to the final
budget.
General Fund Revenues
2021/22
2021/22
Variance
Variance
Final
Tax Revenue
Budget
58,047,000
Actuals
63,010,284
4,963,284
9%
Licenses & Permits
3,572,000
4,521,424
949,424
27%
Intergovernmental
8,099,422
8,636,751
537,329
7%
Charges for Services
876,010
1,625,339
749,329
86%
Fines, Forfeitures & Abatements
609,000
657,589
48,589
8%
Use of Money & Property
545,000
(2,876,934)
(3,421,934)
-628%
Miscellaneous/Transfers In
629,100
1,049,059
419,959
67%
Total Revenues
72,377,532
76,623,512
4,245,980
6%
Investments Fair Market Value Adjustment
3,964,823
3,964,823
RDA Loan Interest Earned, Extraordinary Gain
(487,613)
(487,613)
3,477,210
3,477,210
Total Adjusted Revenues
72,377,532
80,100,722
7,723,190
• Taxes represent 82% of all General Fund revenues and include the three
largest funding sources for the City - sales taxes $28,204,906, transient
occupancy taxes (TOT) $17,055,601, and property taxes $9,674,674.
Combined, these top three revenues account for $54,935,181 or 87%
of all taxes.
• Licenses and permits continued to overperform as a result of new
housing projects accelerating as residential and commercial property
values rise. In addition, lumber prices have decreased from prior year
highs which has resulted in additional demand for projects.
• Use of Money and Property includes the annual fair market value
adjustment to the City's investments. In FY 2021/22 the portfolio
holdings were valued less than book value due to market conditions,
therefore a negative adjustment in the amount of $3,964,823 was
recorded. The City's investments have a five-year horizon with laddered
maturities. The City has worked diligently to leverage highly restricted
investments under volatile market conditions. On June 30, 2021, the
166
portfolio was earning a 0.95% rate of return and on June 30, 2022 the
return was 0.79%.
• Miscellaneous and Transfers In revenue includes $487,613 to record the
annual former Redevelopment Agency loan repayment interest earned
in FY 2021/22. The loan repayments are structured to pay all principal
first, then interest. Each year the City records the payment received and
interest earned in accordance with the State Department of Finance
approved loan repayment schedule. This amount is also reduced from
revenues as an adjustment because it is earned, but not received until
a future date.
EXPENSE VARIANCES
General Fund expenses are summarized in the chart below by department,
and details by department and expense category are located in Exhibit B.
Overall, despite inflationary impacts on the economy, most departments
remained within budget. Savings were derived from the prudent management
of contract and professional services, as well as salary and benefits savings
from vacant positions.
General Fund Expenditures
2021/22
2021/22
Variance
Carryovers
City Council
Final Budget
302,200
Actuals
251,153
(51,047)
to 2022/23
-
City Manager
1,096,000
796,578
(299,422)
City Attorney
796,000
370,189
(425,811)
-
Human Resources
411,000
269,015
(141,985)
53,700
City Clerk
667,200
586,861
(80,339)
-
Finance
1,444,100
1,241,161
(202,939)
-
Centralized Services
41,547,054
9,738,291
(31,808,763)
30,961,847
Police
17,865,100
16,868,265
(996,835)
22,900
Fire
8,582,275
8,008,530
(573,745)
443,100
Community Resources Admin.
888,500
661,768
(226,732)
-
Wellness Center Operations
677,900
612,277
(65,623)
-
Recreational Programs & Events
1,078,300
640,734
(437,566)
240,000
Parks Maintenance
2,656,900
2,445,674
(211,226)
14,000
Marketing & Community Relations
1,540,900
1,389,343
(151,557)
10,000
Public Buildings
1,378,700
1,374,563
(4,137)
-
Design & Development Admin.
746,200
816,867
70,667
Planning
748,600
559,340
(189,260)
Building
1,094,800
960,672
(134,128)
Code Compliance/Animal Control
1,559,320
1,312,923
(246,397)
The Hub
1,066,000
834,387
(231,613)
Public Works Administration
739,900
535,839
(204,061)
Public Works Dev. Services
448,200
374,998
(73,202)
Streets
503,600
426,354
(77,246)
-
Engineering Services
1,101,900
758,472
(343,428)
225,400
Total Operating/CIP Expenditures
88,940,648
51,834,255
(37,106,393)
31,970,947
Carryovers to 2022123
Estimated
Actual
Variance
Capital Improvements
30,761,847
30,761,847
Operational
1 209 100
1,209,100
Total Carryovers
-
31,970,947
31,970,947
Adjusted Expenditures before
Reserves
Plus Ma -'- r P.---
88,940,648
3,578,644
:0
226,385
(3,352,259)
167
• Centralized Services (CS) represents the largest budget variance in the
amount of $31.8 million. CS captures citywide expenses such as
pension liabilities, retiree medical benefits, and transfers out to other
funds such as the Gas Tax Fund for street improvements, Lighting and
Landscape Fund, SilverRock Golf Course Fund, Public Safety Fund,
Economic Development Fund and the Capital Improvement Project
Fund. This department also has the greatest amount of carryovers to
FY 2022/23 to fund multi -year capital improvement projects in the
amount of $30,961,847 as detailed in Exhibit C, which is largely
attributed to the one-time advance funding for the Dune Palms Bridge
project. The majority of capital improvement carryover funding
($16,788,709 or 55%) is provided from Measure G sales tax revenue.
• To ensure funds are available for critical services such as Police and Fire,
the City budget incorporates the rates originally disclosed by the County.
FY 2021/22 savings are derived from enhancing and modifying
resources post pandemic.
o For Police services, savings of $996,835 were a result of prudent
management of contract service costs, along with carryovers
totaling $22,900 for vehicle equipment upgrades.
o For Fire services, savings of $573,745 include $443,100 for
vehicle equipment upgrades and emergency operations center
equipment which are being carried over to FY 2022/23, the
remaining $130,645 were the result of prudent management of
contract service costs.
• The Recreational Programs and Events savings of $437,566 were a
result of postponed citywide events combined with reduced staffing
including carryovers totaling $240,000.
• The Design and Development Administration department had an
overage of $70,667 due to additional staffing needed due to vacancies
and an unanticipated increase in credit card fees.
• The Engineering Services department savings of $343,428 were derived
from contract service savings and La Quinta's share of the CVAG Art &
Music Line in the amount of $225,400 which is being carried over to FY
2022/23.
Operational carryovers, detailed in Exhibit D, from FY 2021/22 to FY 2022/23
decreased by $195,000 from the original anticipated amount of $1,404,100
to $1,209,100. Carryovers allow for operational flexibility due to the
unforeseen impacts of inflation brought on by supply chain issues, increased
consumer demand, and interest rate fluctuations.
Funds not being carried over are recognized as Unassigned Reserve Fund
balance in the General Fund. CIP revenue commitments are reflected in
assigned reserves and operational carryovers are noted in committed
reserves.
RESERVES
The chart below depicts reserve balances by category and the value change
from June 30, 2021 to June 30, 2022. These reserve balances reflect the
financial health of the City at fiscal -year end.
• Non -spendable balance decreased by a total of $2,133,531 and
included a slight increase in prepaid costs. The FY 2021/22
Redevelopment Agency loan repayment of $2,642,888 and interest
. •j
earnings of $487,613 resulted in a decrease of $2,155,275 in Due from
Other Governments.
• The Due from Other Governments balance of $21,915,347
represents the principal ($10,428,388) and interest
($11,486,959) owed to the General Fund (80% of total loan
repayments). Non -spendable reserves cannot be used to fund
ongoing operations and primarily represent commitments due to
the General Fund.
• Restricted reserves are limited to funds held in a Section 115 Pension
Trust set aside to fund the City's pension obligations. The trust balance
resulted in a decrease in total value of $1,244,034 due to financial
market conditions.
• Committed reserves decreased by $770 due to operational carryovers
as detailed in Exhibit D.
At this time, all four of the City's reserve categories (Natural Disaster,
Economic Disaster, Cash Flow and Capital Replacement) are fully funded to
policy targets. The Finance department in conjunction with the Financial
Advisory Commission are currently reviewing the Reserve Policy to update
target levels which will be presented to Council during the FY 2022/23 Mid -
Year Budget report.
• An increase of $17.3 million in assigned reserves was primarily due to
multi -year capital improvement project funding of $17,330,758, which
includes the one-time advance funding for the Dune Palms Bridge
project.
The 2022/23 Mid -Year Budget report will be presented to Council by March of
2023. The Mid -Year Budget Report may include funding options for Council to
consider an allocation of unassigned reserves into Restricted or Committed
reserve categories based on recommendations from the Reserve Policy
update, as well as options for paying down the unfunded pension liability. In
addition, staff will continue to monitor current economic impacts and operating
expenses and request additional reserve funding if necessary.
170
MEASURE G SUMMARY
The Financial Advisory Commission oversees and audits the use of Measure G
sales tax revenues and prepares the annual Measure G Sales Tax Oversight
Report. The summary below provides a preview of the revenues and
expenditures to date. The Measure G reserve balance ended the fiscal year at
$15,355,043.
Fiscal Year (FY)
2016/17
Actual
$ 1,462,650
2017/18
Actual
9,967,657
2018/19
Actual
10,958,118
2019/20
Actual
10,310,526
2020/21
Actual
12,594,389
2021/22
Actual
15,615,802
TOTAL $ 60,909,142
Fiscal
Year
Project Description
Operational
Capital
Reserves
Total by Year
2016/17
Eisenhower Dr. Retention Basin
750,000
X-Park Funding
712,650
1,462,650
2017/18
Public Safety Fund
300,000
North La Quinta Landscape Improvements
1,802,576
Citywide Drainage Enhancements
2,407,373
La Quinta Village Road Diet Project
1,972,158
X-Park Funding
147,350
Alongi Building Improvements
800,000
SilverRock Event Site
321,900
SilverRock Event Site
244,700
Alongi Building at SilverRock Event Site
160,000
SilverRock Event Site
290,000
SilverRock Event Site Retention Basin
10,000
SilverRock Event Site Retention Basin
427,250
Measure G Reserves 2017/18
1,084,350
9,967,657
2018/19
Public Safety Fund
850,000
Public Safety Contract Services
2,100,000
Citywide Drainage Enhancements
194,730
North La Quinta Landscape Improvements
2,129,613
SilverRock Event Site
1,300,000
Measure G Reserves 2018/19
4,383,775
10,958,118
2019/20
Public Safety Contract Services
2,750,000
Corporate Yard Administration/Crew Quarters
411,013
Highway 111 Corridor Improvements
1,000,000
North La Quinta Landscape Improvements
3,703,369
Village Art Plaza Promenade
310,000
Measure G Reserves 2019/20
2,136,144
10,310,526
2020/21
Public Safety Contract Services
4,545,000
X-Park Landscaping
275,000
Highway 111 Corridor Improvements
250,000
Measure G Reserves 2020/21
7,524,389
12,594,389
2021/22
Public Safety Contract Services
5,163,000
Landscape Renovation Improvements
1,408,356
Highway 111 Corridor Improvements
1,000,000
Fritz Burns Park Improvements
350,000
Allocate Advance Bridge Funding
7,468,061
Measure G Reserves 2021/22
226,385
15,615,802
$ 60,909,142
TOTAL $ 15,708,000 $ 29,846,099 $
15,355,043
26%
49%
25%
171
The FY 2021/22 Year -End Budget Report provides the City Council and
residents with an overview of significant variances and reflects the City's
commitment to fiscal discipline and transparency. As impacts from the
uncertainties of the economy are ever -changing, the City will need to continue
to make fiscally responsible and strategic decisions to address the financial
challenges ahead.
Questions regarding this report may be directed to the Finance Department
by calling 760-777-7150 or by email at finance@laquintaca.gov.
i
172
CITY OF LA QUINTA
GENERAL FUND
REVENUE DETAILS BY CATEGORY
2020/21 2021/22
Actuals Original Budget
EXHIBIT A
2021/22 YEAR-END BUDGET REPORT
2021/22 2021/22
Final Budget Actuals
101 - GENERAL FUND
310 - Tax Revenues
101-0000-40310
Property Tax Revenue
2,578,492
2,605,000
2,605,000
2,741,127
101-0000-40311
No -Low City Property Tax
4,769,373
4,706,000
4,706,000
4,805,049
101-0000-40315
RPTTF Pass Through
1,884,546
1,616,000
2,016,000
2,128,498
101-0000-41320
State Sales Tax
10,729,160
10,000,000
11,500,000
12,589,104
101-0000-41326
Measure G Sales Tax
12,594,389
11,500,000
13,500,000
15,615,802
101-0000-41327
Document Transfer Tax
1,568,997
750,000
1,240,000
1,352,585
101-0000-41400
TOT - Hotels
4,545,117
5,000,000
9,000,000
9,448,099
101-0000-41401
TOT - Short Term Vac. Rentals
6,213,353
3,000,000
6,700,000
7,144,654
101-0000-41402
TOT - Bed and Breakfast
69,987
90,000
90,000
104,426
101-0000-41416
TOT - Resort Fees
243,520
250,000
250,000
358,422
101-0000-41505
Franchise Taxes - Burrtec
894,559
785,000
785,000
966,467
101-0000-41508
Southern California Gas Franchise
173,961
140,000
140,000
206,498
101-0000-41509
Cable Television Franchise Fee
644,058
650,000
650,000
676,143
101-0000-41510
Communications Franchise Fees
229,886
250,000
250,000
210,081
101-0000-41800
Property Tax in Lieu of VLF
4,376,455
4,615,000
4,615,000
4,663,327
310 - Tax Revenues Totals:
51,515,856
45,957,000
58,047,000
63,010,284
320 - Licenses & Permits
101-0000-41411
STVR Inspection Fee
5,850
9,000
9,000
1,300
101-0000-41415
STVR Registration Fee
355,690
894,000
894,000
1,022,050
101-0000-41600
Business Licenses
373,801
350,000
350,000
378,882
101-0000-41602
STVR Business Licenses
0
0
0
57,824
101-0000-41610
Film Permits
2,800
1,000
1,000
1,428
101-0000-42400
Building Permits
437,209
210,000
1,050,000
1,185,352
101-0000-42401
Plumbing Permits
75,101
90,000
165,000
201,028
101-0000-42402
Mechanical Permits
90,394
100,000
175,000
198,643
101-0000-42403
Electrical Permits
65,016
80,000
80,000
159,331
101-0000-42404
Miscellaneous Permits
216,745
180,000
180,000
312,182
101-0000-42405
Garage Sale Permits
3,630
5,000
5,000
5,670
101-0000-42406
Golf Cart Permits
250
0
0
0
101-0000-42408
Grading Permits
18,237
10,000
10,000
66,928
101-0000-42410
Driveway Permits
0
1,000
1,000
0
101-0000-42420
Fire Plan Review Fee
55,610
60,000
60,000
99,228
101-0000-42421
Fire Inspection Fee
60,030
40,000
40,000
119,607
101-0000-42430
Transportation Permits
2,850
2,000
2,000
1,151
101-0000-42431
Conditional Use Permits
8,828
10,000
10,000
29,573
101-0000-42433
Minor Use Permit
5,400
5,000
5,000
13,564
101-0000-42434
Sign Permit
11,616
15,000
15,000
26,161
101-0000-42435
Site Development Permit
56,228
40,000
40,000
72,028
101-0000-42436
Final Landscaping Plans
5,313
12,000
12,000
24,901
101-0000-42437
Development Agreement
6,154
0
0
3,446
101-0000-42439
Temporary Use Permit
800
10,000
10,000
36,588
101-0000-43632
Public Works Permits
154,626
120,000
450,000
493,861
101-0000-43638
NPDES Inspections
12,431
8,000
8,000
10,697
320 - Licenses & Permits Totals:
2,024,611
2,252,000
3,572,000
4,521,424
330 - Intergovernmental
101-0000-41710
State Gov't Revenue
502,034
0
203,322
0
101-0000-42500
Fire Service Credit
7,591,078
7,047,900
7,047,900
7,587,538
101-0000-42501
Fire Service Reserves
70,110
800,200
570,200
561,645
101-0000-43100
FEMA
0
0
0
24,516
101-0000-43633
CSA 152 Assessments
367,882
400,000
275,000
460,052
101-0000-43634
CVWD
17,859
0
0
0
101-0000-43650
Contributions from Other Agencie!
3,000
3,000
3,000
3,000
330 - Intergovernmental Totals:
8,551,963
8,251,100
8,099,422
8,636,751
340 - Charges for Services
101-0000-42200 Leisure Enrichment
6,891
16,200
16,200
11,658
101-0000-42202 Gift Shop
84
0
0
0
101-0000-42210 Youth Sports
0
16,200
16,200
41,045
101-0000-42211 Adult Sports
75
2,160
2,160
5,755
101-0000-42212 Facility Rentals
(50)
12,600
12,600
7,301
Unaudited, final amounts will be reported in the 2021/22 Financial Statements 173
CITY OF LA QUINTA
EXHIBIT A
GENERAL FUND
REVENUE
DETAILS BY CATEGORY
2021/22 YEAR-END BUDGET
REPORT
2020/21
2021/22
2021/22
2021/22
Actuals
Original Budget
Final Budget
Actuals
101-0000-42213
Special Events
0
7,200
7,200
0
101-0000-42214
Wellness Center Leisure Enrichme
6,979
19,800
19,800
12,652
101-0000-42216
Wellness Center Special Events
0
550
550
(105)
101-0000-42218
Wellness Center Memberships
10,425
54,000
54,000
52,260
101-0000-42300
Cash Over/Short
2,296
0
0
1,363
101-0000-42303
NSF Charges
95
200
200
25
101-0000-42412
Minor Adjustment, Plan Checks
38,000
3,000
3,000
28,324
101-0000-42415
Tentative Tract Map
55,357
25,000
25,000
25,414
101-0000-42416
Digitization/Records Management
29,685
20,000
20,000
53,188
101-0000-42417
Modification by Applicant
4,400
2,000
2,000
5,712
101-0000-42440
Appeals - Permits, Licenses, Proje
8,750
6,000
6,000
1,725
101-0000-42441
Planning Compliance Review
405
0
0
0
101-0000-42443
Zone Change
1,052
10,000
10,000
21,772
101-0000-42445
Environmental Assessment
11,753
5,000
5,000
5,635
101-0000-42446
General Plan Amendment
0
10,000
10,000
10,465
101-0000-42447
Home Occupations
9,750
8,000
8,000
10,039
101-0000-42448
Tentative Parcel Map
3,005
15,000
15,000
5,224
101-0000-42451
Specific Plan
14,329
10,000
10,000
4,946
101-0000-42460
Pre -Application Review
9,016
5,000
5,000
11,798
101-0000-42600
Building Plan Check Fees
521,451
475,000
475,000
929,874
101-0000-42610
SMIP Fees
498
600
600
554
101-0000-42615
CBSC Administrative Fees
473
500
500
410
101-0000-42810
Public Works Dev. Plan Check Fee
225,852
150,000
150,000
334,644
101-0000-43631
CVMSHCP Admin Fee
1,787
2,000
2,000
8,603
101-0000-43635
VGPS TBID Admin Fee
0
0
0
35,057
340
- Charges for Services Totals:
962,358
876,010
876,010
1,625,339
350 - Fines, Forfeitures & Abatements
101-0000-42700
Administrative Citations
504,205
60,000
375,000
400,708
101-0000-42701
Lot Abatement
5,812
5,000
5,000
188
101-0000-42702
Vehicle Abatement
33,669
30,000
30,000
47,293
101-0000-42703
Vehicle Impound Fee
67,962
50,000
50,000
50,870
101-0000-42705
Motor Vehicle Code Fines
110,045
110,000
110,000
62,927
101-0000-42706
Parking Violations
48,726
20,000
20,000
29,183
101-0000-42707
Misc Fines
941
1,000
1,000
9,413
101-0000-42708
Graffiti Removal
8,246
5,000
5,000
8,675
101-0000-42709
False Alarm Fees - Police
0
10,000
10,000
32,295
101-0000-42710
False Alarm Fees - Fire
(600)
3,000
31000
16,038
350 - Fines, Forfeitures & Abatements Totals:
779,006
294,000
609,000
657,589
360 - Use of Money
& Property
101-0000-41900
Allocated Interest
897,509
400,000
400,000
931,973
101-0000-41910
GASB 31 Interest
(666,023) *
0
0
(3,964,823)
101-0000-42120
Lease Revenue
147,720
145,000
145,000
155,915
360 -
Use of Money & Property Totals:
379,206
545,000
545,000
(2,876,934)
370 - Miscellaneous
101-0000-41410
Zoning Change Mitigation Fees
419,472
400,000
400,000
287,773
101-0000-41504
AMR Compliance
0
20,000
20,000
21,632
101-0000-41507
Burrtec Admin Cost Reimburseme
113,041
114,000
114,000
181,278
101-0000-42000
Insurance Recoveries
3,196
5,000
5,000
3,448
101-0000-42140
Sales of Publications & Materials
15
100
100
30
101-0000-42301
Miscellaneous Revenue
1,233
40,000
40,000
3,557
101-0000-42305
Miscellaneous Reimbursements
104,930
50,000
50,000
62,243
101-0000-45000
Sale of Other Assets
0
0
0
1,486
101-0000-48500
Extraordinary Gain
591,946 *
0
0
487,613
370 - Miscellaneous Totals:
1,233,835
629,100
629,100
1,049,059
101 - GENERAL FUND Totals:
65,446,835
58,804,210
72,377,532
76,623,512
Non -Cash Transactions
Adjusted Operating Revenues
74,077
65,520,912
3,477,210
80,100,722
Unaudited, final amounts will be reported in the 2021/22 Financial Statements 174
*Non -Cash Transactions
CITY OF LA QUINTA EXHIBIT B
GENERAL FUND EXPENSE SUMMARY BY DEPARTMENT 2021/22 YEAR-END BUDGET REPORT
2020/21 2021/22 2021/22 2021/22
Actuals Original Budget Final Budget Actuals
1001 - City Council
233,538
302,200
302,200
251,153
Salaries and Benefits
228,115
276,700
276,700
233,149
Maintenance & Operations
5,423
25,500
25,500
18,004
1002 - City Manager
669,515
1,076,000
1,096,000
796,578
Salaries and Benefits
468,904
496,100
496,100
500,384
Contract Services
44,029
100,000
120,000
89,320
Maintenance & Operations
92,882
115,000
115,000
95,974
Other Expenses
0
300,000
300,000
46,000
Internal Service Charges
63,700
64,900
64,900
64,900
1003 - City Attorney
457,354
696,000
796,000
370,189
Contract Services
457,354
696,000
796,000
370,189
1004 - Human Resources
215,251
376,000
411,000
269,015
Salaries and Benefits
149,396
183,000
198,000
175,125
Contract Services
9,906
90,000
90,000
28,107
Maintenance & Operations
37,150
83,900
103,900
46,683
Internal Service Charges
18,800
19,100
19,100
19,100
1005 - City Clerk
494,173
625,200
667,200
586,861
Salaries and Benefits
346,786
444,600
464,600
446,644
Contract Services
62,728
90,000
102,000
48,057
Maintenance & Operations
11,660
16,200
26,200
17,760
Internal Service Charges
73,000
74,400
74,400
74,400
1006 - Finance
1,304,355
1,444,100
1,444,100
1,241,161
Salaries and Benefits
986,090
1,060,400
1,060,400
940,346
Contract Services
139,743
190,000
190,000
117,464
Maintenance & Operations
11,922
25,200
25,200
14,851
Internal Service Charges
166,600
168,500
168,500
168,500
1007 - Central Services
9,503,897
10,458,206
41,547,054
9,738,291
Salaries and Benefits
2,192,550
2,163,100
4,279,100
3,773,246
Maintenance & Operations
154,011
208,200
378,200
166,068
Other Expenses
40,291
0
0
0
Capital Expenses
371,760
410,000
613,322
599,125
Internal Service Charges
702,900
784,550
784,550
784,550
Transfers Out
6,042,385
6,892,356
35,491,882
4,415,303
2001 - Police
16,479,907
17,855,100
17,865,100
16,868,265
Contract Services
16,395,945
17,706,000
17,706,000
16,745,378
Maintenance & Operations
14,594
18,000
18,000
7,428
Utilities
14,968
20,000
20,000
17,348
Capital Expenses
0
50,000
60,000
37,010
Internal Service Charges
54,400
61,100
61,100
61,100
2002 - Fire
7,037,802
7,660,800
8,582,275
8,008,530
Salaries and Benefits
270,532
288,600
313,600
263,818
Contract Services
6,164,684
6,988,000
6,988,000
6,962,420
Maintenance & Operations
51,326
148,100
148,100
115,487
Utilities
70,552
71,500
77,000
80,798
Capital Expenses
57,472
45,000
573,000
103,395
Internal Service Charges
110,200
119,600
119,600
119,600
Transfers Out
313,037
0
362,975
363,012
3001 - Community Resources Administration
699,783
808,500
888,500
661,768
Salaries and Benefits
494,944
520,900
520,900
513,569
Contract Services
12,646
72,000
92,000
38,081
Maintenance & Operations
126,692
148,800
208,800
43,318
Internal Service Charges
65,500
66,800
66,800
66,800
3002 - Wellness Center Operations
495,568
597,900
677,900
612,277
Salaries and Benefits
374,073
411,200
491,200
476,972
Unaudited, final amounts will be reported in the 2021/22 Financial Statements 175
CITY OF LA QUINTA
EXHIBIT B
GENERAL FUND EXPENSE
SUMMARY BY DEPARTMENT 2021/22 YEAR-END BUDGET REPORT
2020/21
2021/22
2021/22
2021/22
Actuals
Original Budget
Final Budget
Actuals
Contract Services
13,875
48,000
48,000
21,545
Maintenance & Operations
29,119
56,700
56,700
31,761
Internal Service Charges
78,500
82,000
82,000
82,000
3003 - Recreation Programs & Special Events
208,501
908,300
1,078,300
640,734
Salaries and Benefits
77,563
167,600
197,600
101,002
Contract Services
23,678
310,000
330,000
243,964
Maintenance & Operations
57,250
377,500
497,500
242,568
Other Expenses
1,610
0
0
0
Internal Service Charges
48,400
53,200
53,200
53,200
3005 - Parks Maintenance
1,782,193
2,530,900
2,656,900
2,445,674
Salaries and Benefits
348,682
355,900
355,900
340,651
Contract Services
455,927
603,600
603,600
582,436
Maintenance & Operations
376,216
634,000
697,000
634,026
Utilities
292,167
452,500
515,500
403,660
Internal Service Charges
309,200
484,900
484,900
484,900
3007 - Marketing & Community Relations
1,105,482
1,325,900
1,540,900
1,389,343
Salaries and Benefits
224,786
244,000
244,000
238,729
Contract Services
223,963
234,100
449,100
436,633
Maintenance & Operations
619,232
809,600
809,600
675,781
Internal Service Charges
37,500
38,200
38,200
38,200
3008 - Public Buildings
1,119,812
1,321,200
1,378,700
1,374,563
Salaries and Benefits
465,083
499,600
499,600
506,901
Contract Services
159,208
215,500
215,500
207,930
Maintenance & Operations
115,158
178,100
193,100
187,230
Utilities
145,363
156,000
198,500
200,502
Internal Service Charges
235,000
272,000
272,000
272,000
6001 - Design & Development Administration
639,565
656,200
746,200
816,867
Salaries and Benefits
392,319
383,500
383,500
448,748
Contract Services
130,192
120,000
210,000
222,248
Maintenance & Operations
1,753
10,300
10,300
3,471
Internal Service Charges
115,300
142,400
142,400
142,400
6002 - Planning
520,082
678,600
748,600
559,340
Salaries and Benefits
355,610
392,800
392,800
376,017
Contract Services
93,147
210,000
280,000
113,128
Maintenance & Operations
15,126
18,600
18,600
12,995
Internal Service Charges
56,200
57,200
57,200
57,200
6003 - Building
717,997
919,800
1,094,800
960,672
Salaries and Benefits
485,828
608,800
633,800
547,698
Contract Services
92,067
140,000
290,000
246,380
Maintenance & Operations
2,102
7,500
7,500
3,095
Internal Service Charges
138,000
163,500
163,500
163,500
6004 - Code Compliance/Animal Control
1,138,317
1,506,320
1,559,320
1,312,923
Salaries and Benefits
648,166
814,620
842,620
686,027
Contract Services
265,571
408,500
433,500
349,121
Maintenance & Operations
8,580
15,300
15,300
9,874
Internal Service Charges
216,000
267,900
267,900
267,900
6006 - The Hub
830,952
986,000
1,066,000
834,387
Salaries and Benefits
580,499
691,300
761,300
600,711
Contract Services
114,027
150,000
160,000
95,036
Maintenance & Operations
5,426
11,200
11,200
5,140
Internal Service Charges
131,000
133,500
133,500
133,500
7001 - Public Works Administration
509,466
739,900
739,900
535,839
Salaries and Benefits
432,718
505,100
505,100
454,607
Contract Services
1,254
150,000
150,000
0
Unaudited, final amounts will be reported in the 2021/22 Financial Statements 176
CITY OF LA QUINTA
EXHIBIT B
GENERAL FUND EXPENSE SUMMARY BY DEPARTMENT 2021/22 YEAR-END BUDGET REPORT
2020/21
2021/22
2021/22
2021/22
Actuals
Original Budget
Final Budget
Actuals
Maintenance & Operations
594
8,500
8,500
4,932
Internal Service Charges
74,900
76,300
76,300
76,300
7002 - Public Works Development Services
354,895
431,200
448,200
374,998
Salaries and Benefits
142,493
158,300
158,300
147,359
Contract Services
162,958
200,000
215,000
155,250
Maintenance & Operations
1,044
2,700
4,700
2,189
Internal Service Charges
48,400
70,200
70,200
70,200
7003 - Streets
437,000
496,600
503,600
426,354
Salaries and Benefits
293,784
328,400
328,400
277,298
Contract Services
58,389
80,000
80,000
64,753
Maintenance & Operations
17,369
26,000
33,000
27,104
Other Expenses
0
5,000
5,000
0
Capital Expenses
11,257
0
0
0
Internal Service Charges
56,200
57,200
57,200
57,200
7006 - Engineering Services
640,737
761,800
1,101,900
758,472
Salaries and Benefits
300,006
335,300
335,300
322,004
Contract Services
276,711
360,000
375,000
271,577
Maintenance & Operations
7,820
9,300
10,300
9,002
Other Expenses
0
0
324,100
98,689
Internal Service Charges
56,200
57,200
57,200
57,200
GENERAL FUND EXPENSES
47,596,141
55,162,726
88,940,648
51,834,255
Unaudited, final amounts will be reported in the 2021/22 Financial Statements 177
178
EXHIBIT C
GENERAL FUND
Capital Improvement Project Carryovers from 2021/22 to 2022/23
Project # Project Name General Fund Measure G
TOTAL
111205 Dune Palms Bridge Improvements
8,001,949
7,468,061
15,470,010
2122DRA Citywide Drainage Enhancements
942,727
-
942,727
2122ADA ADA Improvements
40,000
-
40,000
2122PMP Pavement Management
2,276,271
-
2,276,271
2122STI Sidewalk Improvements
95,012
-
95,012
201603 Landscape Renovations
131,782
6,369,879
6,501,661
201606 Civic Center Campus Lake
522,740
-
522,740
201608 SilverRock Event Space
-
-
-
201704 Eisenhower Retention Basin
-
-
-
201709 Ave. 53/Jefferson Roundabout
630,650
-
630,650
201805 Corporate Yard Admin. Offices
-
355,240
355,240
201901 Village Art Plaza Promenade
-
308,208
308,208
201905 Highway 111 Corridor
-
1,785,296
1,785,296
201907 Fire Station 70 Revitalization
-
-
-
201908 Citywide Catch Basin Modifications
250,000
-
250,000
201923 Washington St. at Ave. 50
74,785
-
74,785
202007 SilverRock Retention Basin Soil Stabilization
-
206,196
206,196
202102 Fritz Burns Park Improvements
-
295,828
295,828
202210 Moon River Drive Pavement Rehabilitation
(48,074)
-
(48,074)
202217 Storm Drain Maintenance
583,585
-
583,585
SAVINGS Prior CIP Project Savings
436,725
-
436,725
999902 Jefferson Interchange
34,987
-
34,987
TOTAL $ 13,973,138
$ 16,788,709
$ 30,761,847
45%
55%
100%
(Negative balances represent temporary funding until grants
are received
179
EXHIBIT D
AMENDED CARRYOVERS
Estimated carryovers from the 2021/22 to 2022/23 budget were estimated based on projected
invoices in the Spring of 2022. Upon completion of the final audit, Finance verifies account balances
and carryovers and amended carryovers will be added to the 2022/23 budget.
- Revised Continuing Appropriations/Carryovers from 2021/22 to 2022/23 1
Description/Program Account Number Account Name Estimated Revised
Class and Compensation study
Marketing efforts to attract group business to hotels
Vehicle purchase/improvements
Vehicle purchase/improvements
Emergency Operations Center equipment
Postponement of citywide events
X-Park programming
Park landscape Improvements & tree removal
Additional marketing materials
La Quinta's share of the CVAG Art & Music Line
Park lighting upgrades
Homelessness assistance
Software licenses
Gold Star Family Monument
Vehicle upgrades
Vehicle purchase/improvements
Heavy machinery/equipment purchase
Council Chambers A/V equipment
Playground replacement
Lake pump repairs
101-1004-60103
Professional Services
$ 60,000
$
53,700
101-1007-60536
TOT Resort Rebate Program
$ 200,000
$
200,000
101-2001-71031
Vehicles
$ 40,000
$
22,900
101-2002-71031
Vehicles
$ 40,000
$
43,100
101-2002-80101
Machinery & Equipment
$ 400,000
$
400,000
101-3003-60149
Community Experiences
$ 150,000
$
180,000
101-3003-60190
X-Park Programming
$ 90,000
$
60,000
101-3005-60691
Maintenance/Services
$ 100,000
$
14,000
101-3007-60461
Marketing and Tourism Promotions
$ -
$
10,000
101-7006-60480
Contributions to Other Agencies
$ 324,100
$
225,400
GENERAL FUND CARRYOVERS
$ 1,404,100
$
1,209,100
215-7004-60431
Materials & Supplies
$ 300,000
$
157,000
243-0000-60532
Homelessness Assistance
$ -
$
55,000
244-0000-60301
Software Licenses
$ -
$
90,000
270-0000-74800
Art Purchases
$ 24,000
$
36,700
501-0000-60675
Parts, Accessories, and Uplifts
$ -
$
65,000
501-0000-71031
Vehicles, Purchased
$ 135,000
$
79,000
501-0000-80100
Machinery & Equipment
$ 200,000
$
200,000
502-0000-80100
Machinery & Equipment
$ 100,000
$
100,000
503-0000-71060
Parks
$ 90,000
$
200,000
601-0000-80100
Machinery & Equipment
$ -
$
20,000
SPECIAL FUNDS CARRYOVERS
$ 849,000
$
1,002,700
TOTAL CARRYOVERS FOR ALL FUNDS
$ 2,253,100
$
2,211,800
NOTE: In June 2022 when the budget is adopted, all carryovers are estimates based on projected invoices to end fiscal year 2021122.
Upon completion of the final audit, Finance verifies account balances and makes additional carryover recommendations based on
current budgetary needs. In no event shall a carryover exceed the revised per account amount above.
181
182
BUSINESS SESSION ITEM NO. 2
City of La Quints
CITY COUNCIL MEETING December 20, 2022
STAFF REPORT
AGENDA TITLE: APPROPRIATE FUNDING FROM UNASSIGNED RESERVES
AND APPROVE AGREEMENT FOR CONTRACT SERVICES WITH NV5, INC., TO
PREPARE THE VILLAGE UNDERGROUNDING FEASIBILITY STUDY PROJECT NO.
2022-06
RECOMMENDATION
Appropriate $24,315 in unassigned reserves; approve Agreement for Contract
Services with NV5, Inc. in the amount of $124,315 to prepare the
Undergrounding Feasibility Study Project No. 2022-06; and authorize the City
Manager to execute the agreement.
EXECU i lyt SUMMAKY
• In 2010 a feasibility study was prepared to assess the undergrounding of
utilities in the La Quinta Village Area (Attachment 1).
• Undergrounding of utilities in the Village was identified as a priority at the
2021 and 2022 Community Workshops and funding was appropriated for
the feasibility study update in the Fiscal Year 2022/23 Capital
Improvement Program (CIP).
• A request for proposals (RFP) to prepare a Village Undergrounding
Feasibility Study was issued in both August and October 2022 when two
proposals were received.
• NV5, Inc. was selected as the most qualified firm to provide the requested
services (Attachment 2).
• Additional financial analysis services for the study were requested by staff
to include as an optional task.
FISCAL IMPACT
The 2022/23 CIP includes funding in the amount of $100,000 in the project
budget (401-0000-60185 202206D) to complete the Village Undergrounding
Feasibility Study for the Project. Additional funding is needed to include the
optional task for financial analysis and funding options. The initial proposal
183
cost was $99,975, and cost for the optional task is $24,340, for a total contract
cost of $124,315. Staff requests the appropriation of unassigned reserves in
the amount of $24,315.
SACKGROUND/ANALYSIS
In 2010 a Village Undergrounding Feasibility Study was prepared. This Study
included the assessment of costs to underground overhead utilities within six
areas in the La Quinta Village. The costs prepared for this Study are now out
of date and need to be reassessed. A phasing plan is also needed to prioritize
the undergrounding of the Village's commercial area and Francis Hack Lane.
During the 2021 and 2022 La Quinta Community Workshops, undergrounding
utilities in the La Quinta Village was identified as a community priority.
Subsequently, funding was included in the 2022/23 CIP to prepare a Village
Undergrounding Feasibility Study.
The additional financial analysis proposed as an optional task, includes specific
financing options for undergrounding the existing overhead utilities within the
Village. Preliminary cost estimates per area for average parcels will be
provided and a separate "Financial Options" City Council session will be
conducted.
The proposed Village Undergrounding Feasibility Study includes:
o Current Planning Level Dry Utility Cost Estimate Update
o Phasing Plan for Area 2 (commercial area and Francis Hac Lane)
o Identifying Special Construction Practices
o City Council Sessions / Findings
o Stakeholder Meetings
o Optional: Financial Analysis/Options
Staff circulated an RFP for preparation of a Village Undergrounding Feasibility
Study in August and October 2022. Staff received two proposals; Kimley Horn,
Inc. and NV5, Inc. The selection committee, comprised of the City Manager
and Public Works staff, selected NV5, Inc. as the most qualified firm.
ALTERNATIVES
Council may elect not to approve the optional financial analysis task.
Prepared by: Julie Mignogna, Management Analyst
Approved by: Bryan McKinney, Public Works Director/City Engineer
Attachments: 1. 2010 Undergrounding Feasibility Study
2. NV5, Inc. Agreement
ATTACHMENT 1
L11LITM
City of La Quinta
Undergrounding Feasibility Study
Prepared for:
City of La Quinta
78-495 CaIle Tampico
La Quinta., CA 92253
February 17, 2009
Prepared by:
Butsko Utility Design, Inc.
74-130 Country Club Drive
Palm Desert, CA 92260
ii■IPBUTS K0 185
■ UT ll.,11 `r ilt;tiit.::V, INC.
Table of Contents
Section 1: Project Overview
Section 2: Description of Study Areas
Section 3: Summary of Cost Estimates
Section 4: Study Area Reviews & Detailed Cost Estimates
Section 5: Review of Rules, Regulations, & Franchises Agreements
:.
Section 1: Project Description
The project consisted of conducting a feasibility study for the possible
undergrounding of existing overhead distribution utility lines within the City of La
Quinta. The existing overhead utilities involved include: Imperial Irrigation District —
Electric, Verizon — Telephone, and Time Warner — Cable Television. Planning level
cost estimates were prepared for six study areas within the City. The study areas
evaluated include:
• Area 1—The Cove
® Area 2 - Downtown Commercial Area
9 Area 3 - Downtown Residential Area
Q Area 4 — Sagebrush
0 Area 5 — Highland Palms
• Area 6 —Westward Ho
A map of the Study Areas is included at the end of this section.
Field reviews were performed on each Study Area. Smaller sample areas were then
selected within each larger Study Area for additional detailed field review and
preparation of the cost estimates. The smaller sample areas were selected for their
field conditions that made them representative of the larger respective Study Areas.
The sample area cost estimates were then used as the basis of costs for the larger
corresponding Study Areas.
Upon completion of the field work, written descriptions and cost estimates were
prepared for each unique Study Area. A summary spread sheet with all of the Study
Areas was prepared which includes an estimate of each utility's costs, contractor
charges for trench and substructure installation, engineering and administrative
costs, and potential project financing costs.
The estimates were further broken down in to three categories: Backbone, Public
Right of Way, and Private Property. A more detailed explanation of these terms can
be found within this report at the end of Section 4.
Section 2: Description of Study Areas
Study Area 1 - The Cove Area: This study area assesses the existing conditions,
overall costs, and issues associated with the conversion of the overhead utilities
within the residential area of The Cove. Study Area 1 is bordered by Avenida
Montezuma to the west, Avenida Bermudas to the east, Calle Tampico to the north,
and Calle Tecate to the south.
Study Area 2 - Downtown Commercial Area: This study area assesses the existing
conditions, overall costs, and issues associated with the conversion of the overhead
utilities within the downtown commercial area. The downtown area has both
commercial and residential customers. Study Area 2 is bordered by Avenida
Bermudas to the west, Calle Guatemala to the east, Avenida La Fonda to the north
and Calle Amigo to the south.
Study Area 3 - Downtown Residential Area: This study area assesses the existing
conditions, overall costs, and issues associated with the conversion of the overhead
utilities within the downtown residential area. The western portion of Study Area 3
is bordered by Calle Guatemala to the west, Washington Street to the east, Avenida
La Fonda to the north and Avenida Nuestra to the south. The eastern portion of
Study Area 3 is bordered by Washington Street to the west, Calle Rondo to the east,
Avenida Ultimo to the north, and Avenida Nuestra to the south.
Study Area 4 — Sagebrush: This study area assesses the existing conditions, overall
costs, and issues associated with the conversion of the overhead utilities within the
residential area of Sagebrush. Study Area 4 is bordered by Washington Street to the
west, Date Palm Drive to the east, Sagebrush Avenue to the north, and Saguaro
Road to the south. Area 4 also includes the eastern side of Washington Street
between Saguaro Road and 50th Avenue.
Study Area 5 - Highland Palms: This study area assesses the existing conditions,
overall costs, and issues associated with the conversion of the overhead utilities
within the residential area of Highland Palms. Study Area 5 is bordered by Highland
Palms Drive to the west and south, Washington Street to the east, and Singing Palms
Drive to the north.
Study Area 6 - Westward Ho: This study area assesses the existing conditions,
overall costs, and issues associated with the conversion of the overhead utilities
within the residential area of Westward Ho. Study Area 6 is bordered by Roudel
Lane to the west, Jefferson Street to the east, Westward Ho Drive to the north, and
Cortez Lane and Fiesta Drive to the south. Study Area 6 also includes the eastern
side of Dune Palms Road between Westward Ho Drive and the flood channel.
City Of La Quinta
Overall Summary
Area 1
Area 27-7
Area 3
Area 4 Area 5
Area 6
TOTALS
PUBLIC RIGHT OF WAY
Utility Costs
$56,194,426.59
$3.489.613.50
$7.978.302.951
r1.830.604.78
$3.189.379.00
$2.617.542.70
$75.299.869.52
Contractor Costs
$23.633,708.64
$1.501.785.00
$2.646,230.00
$889.305.85
$1.467.310.00
$1.046.786.61
$31,185,126.10
Engineering, Admin. Inspection 7%)
$5,587,969.47
$349,397.90
$743,717.311
$190,393.74
$325,968.231
$256,503.05
$7,453,949.69
Financing (9.5%)
$7,583,672.85
$474,182.86
$1,009,330.63.
S258,391.51
S442,385.461
$348.111.28
$10,116,074.58
Public Right Of Way Sub-Totais
$92,999,777.54
$5.814.979.25
$12,377,580.88
$3,168,695.89
$5,425,042.69
$4,268,943.64
$124,055,019.89
f
1
I
PRIVATE PROPERTY
Utility Costs
$22.796,590.911
$471.750.00
$532.776.32
$537.885.37
$482.220.001
$236.550.00
$25,057,772.59
Contractor Costs
$9,940,909.091
$933,300.00
$336,078.95
$338,165.85
$303,150.001
$176,078.57
$12,027,682.46
Engineering, Admin, Inspection (7%)
$2,165,676.141
$44.816.25
$50,613.75
$51,099.11
$45.810.901
$22.472.25
$2,380,488.40
Financing (9.5%)
$3,110,062.50
$133.479.75
$82.541.25
$83.224.87
574,610.151
$39.199.71
$3.523.118.23
Private Property Sub -Totals
$38.013,238.64
$1,583,346.00
$1,002,010.26
$1.010,375.20
$905,791.05
$474,300.54
$42,989,061.68
AREA TOTALS
$131,013,016.18
$7,398,326.25
$13,379,591.15
$4,179,071.08
$6,330,833.74
$4,743,244.17
$167,044,081.57
190
Section 4: Study Area Detailed Cost Estimates and Reviews
Study Area 1 - The Cove Area: is bordered by Avenida Montezuma to the west,
Avenida Bermudas to the east, Calle Tampico to the north, and Calle Tecate to the
south. The majority of the existing electrical, telephone, and cable television
infrastructure within Study Area 1 are overhead facilities. The utility's main
overhead feeder systems run east and west. The utility's local distribution systems
primarily run north and south along the rear property lines of the homes.
The Public Right of Way and Private Property cost estimates were based on a sample
study area of 22 homes. The sample study area is Avenida Carranza between Calle
Temecula and Calle Madrid.
The homes in this area are served by a combination of overhead and
underground services.
® The type of home and front and rear yard landscaping varies, but the block is
typical for The Cove.
6 No vacant lots on this block.
Gas has not been extended this far so a cost is shown, as an optional item,
for extending the gas.
191
Exhibit A City Of La Quinta
Study Area 1
Area #1 The Cove
Sample Area
Avenida Carranza between Calle Temecula and Calle Madrid
Description of Sample Area
Number of Lots in sample area: 22
Linear Footage: 750
Description of existing utilties: The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are in the back yards of the homes along the rear lot line.
Description of existing services: The existing utility services are underground/overhead from the overhead poles to the homes...
Description of new underground utilties: The new underground utiliies will be placed in a shared joint trench.
It is assumed that the utilities will install the new underground facilties in a shared joint trench in the existing streets
Estimate of Costs - Backbone (22 Homes) Total Cost Per Lot
Utility Costs $83,953.31 $3,816.06
Contractor Costs $43,742.58 $1,988.30
Sub -Total $127,695.88 $5,804.36
Estimate of Costs - Right Of Way (22 Homes) Total
Utility Costs $190,775.00
Contractor Costs $71.800.00
Sub -Total $262,575.00
Estimate of Costs - Private Property (22 Homes) Total
Utility Costs $111,450.00
Contractor Costs $48,600.00
Sub -Total $160,050.00
Sample Area Total:
Sample Area Cost Per Lot:
$550,320.88
Cost Per Lot
$8,671.59
$3,263.64
$11,935.23
Cost Per Lot
$5,065.91
$2,209.09
$7,275.00
$25,014.59
2/17/2009 Butsko Utility Design, Inc.
192
Exhibit A
Area #1
OVERALL ESTIMATE Area 1
Description of Area
Number of Lots in sample area:
Description of existing utilties:
Description of existing services:
Description of new underground utilties:
City Of La Quinta
Study Area 1
The Cove
4500
The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are in the back yards of the homes along the rear lot line.
The utility services are underground/overhead from the overhead poles to the homes...
The new underground utiliies will be placed in a shared joint trench.
It is assumed that the utilities will approve placement of their new underground facilties in the existing streets
Estimate of Costs - Backbone (4500 Homes) Total
Utility Costs $17,172,267.50
Contractor Costs $8,947,345.00
Sub -Total $26,119,612.50
Estimate of Costs - Right Of Way (4500 Homes) Total
Utility Costs $39,022,159.09
Contractor Costs $14,686,363.64
Sub -Total $53,708,522.73
Estimate of Costs - Private Property (4500 Homes) Total
Utility Costs $22,796,590.91
Contractor Costs $9,940,909.09
Sub -Total $32,737,500.00
Overall Area Total:
Overall Area Cost Per Lot:
$112,565.635.23
Cost Per Lot
$3,816.06
$1,988.30
$5,804.36
Cost Per Lot
$8,671.59
$3,263.64
$11,935.23
Cost Per Lot
$5,065.91
$2,209.09
$7,275.00
$25,014.59
2/17/2009 Butsko Utility Design, Inc.
193
VW-B UT(�� 74-130 Country Club Drive, Suite 102
s7 Palm Desert, CA 92260 Date: 12/11/08
UnLITY MIGN, IIiC. Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit B
Dry Utility Opinion Of Cost
Backbone Overall Estimate
Client:
City of La Quinta
Project: La Quinta - Study
Address:
78-495 Calle Tampico
Area 1 - Cove
La Quinta, CA 92562
Avenida Carranza - From Calle
Attn:
Nick Nickerson
Temecula to Calle Madrid
Telephone:
(760) 346-7481
Type: Residential
Fax:
60 346-8315
City/County: La Quinta, Riverside Co
Avenida Carranza - From Calle Temecula to Calle Madrid
Summary Estimated Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
IID Distribution
200
Ft.
$45.00
$9,000.00
IID Back Bone Footage
83969
Ft.
$85,00
$7,137,365.00
IID Overhead Removals
60709
Ft.
$50.00
$3,035,450.00
IID Service Conversion with UG Service
0
Ea
$950,00
$0.00
IID Service Conversion with OH Service
0
Ea
$1,750,00
$0.00
Total
$10,181,815.00
Telephone
Telephone Conversion/Relocation
41985
Ft.
$50.00
$2,099,250.00
Telephone Service Conversion with UG Service
0
Ea
$950.00
$0.00
Telephone Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
ITCC Charges
0
Ea.
33%
$692,752.50
Total
$2,792,002.50
CAN
CAN Conversion
83969
Ft.
$50.00
$4,198,450.00
CAN Service Conversion with UG Service
0
Ea.
$950.00
$0 00
CAN Service Conversion with OH Service
0
Ea.
$1,750.00
$0.00
Total
$4,198,450.00
Subtotal Utility Costs
$17,172,267.50
Contractor
BB Trench, Backfill, Conduit, Full Encasement
83969
Ft.
$105.00
$8,816,745 00
BB Trench, Backfill, Conduit, Semi Encasement
200
Ea
$85.00
$17,000 00
Local Distribution Trench, Backfill, Conduit, No Encasement
1000
Ft.
$65.00
$65,000.00
Convert Service with existing UG Service
16
Ea
$1,800 00
$28,800 00
Convert Service with existing OH Service
6
Ea
$3,300.00
$19,800.00
Mainline Services
0
Ft.
$35.00
$0.00
Total
$8,947,345.00
Subtotal Contractor Costs
$83947,345.00
Total Backbone Cost
$26,119,612.50
Total Number of Lots
4500
Backbone Surcharge Per Lot
$51804.36
This estimate performed to obtain a per lot cost for the overall backbone system feeding the area.
194
��BUTSK0
Exhibit B
Dry Utility Opinion Of Cost
Optional Items
Date: 12/11/2008
Client:
Gily of La Quinta
Project: La Quinta - Study
Address:
78-495 Calle Tampico
Area 1 - Cove
La Quinta, CA 92562
Avenida Carranza - From Calle
Attn:
Nick Nickerson
Temecula to Calle Madrid
Telephone:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
CitylCounty: La Quinta, Riverside Co
Gas
Distribution Main
671752
Ft.
$15.00
$1,007,628.00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0 00
Gas Main Relocation
0
Ft.
$25 00
$0.00
Service Stubs
0
Ea
$150 00
$0.00
Joint Trench Credit
671752
Ft.
($1.00)
($67,175 20)
ITCC Charges
0
Ea
35%
$352,669.80
Total
$1,293,122.60
Street Lights
Eiectroliers/Heads In -Tract
0
Ea.
$1,700 00
$0 00
Electroliers/Heads Backbone
210
Ea
$2,200 00
$461,829 50
Meter Pedestal
10
Ea
$3,655.00
$36,550.00
Total
$498,379.50
195
,- BUTSK0 74-130 Country Club Drive, Suite 102
li ►► Palm Desert, CA 92260 Date: 12/11108
E!'RI.I'iY DESIGN, INC, Palm
(760) 601-3390, Fax (760) 346-8518
Exhibit C
Dry Utility Opinion Of Cost
Sample Area Right Of Way
Client:
City of La Quinta
Project: La Quinta - Study
Address:
78-495 Calle Tampico
Area 1 - Cove
La Quinta, CA 92562
Avenida Carranza - From Calle
Altn:
Nick Nickerson
Temecula to Calle Madrid
Telephone:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
City/County: La Quinta, Riverside Co
Avenida Carranza - From Calle Temecula to Calle Madrid
Summary Estimated Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
III) Distribution
920
Ft.
$45.00
$41,400.00
IID Back Bone Footage
100
Ft.
$85.00
$8,500.00
IID Overhead Removals
820
Ft.
$50.00
$41,000.00
IID Service Conversion with UG Service
0
Ea
$950.00
$0.00
IID Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
Total
$90,900.00
Telephone
Telephone Conversion/Relocation
850
Ft.
$50.00
$42,500.00
Telephone Service Conversion with UG Service
0
Ea
$950.00
$0.00
Telephone Service Conversion with OH Service
0
Ea
$1,750.00
$0 00
ITCC Charges
0
Ea
35%
$14,875,00
Total
$57,375.00
CAN
CAN Conversion
850
Ft.
$50 00
$42,500.00
CAN Service Conversion with UNDG Service
0
Ea
$950.00
$0 00
CAN Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
Total
$42,500.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
0
Ft.
$105.00
$0.00
BB Trench, Backfill, Conduit, Semi Encasement
100
Ea
$85 00
$8,500.00
Local DistributionTrench, Backfill, Conduit, No Encasement
920
Ft
$65.00
$59,800.00
Convert Service with existing UG Service
0
Ea
$1,800.00
$0.00
Convert Service with existing OH Service
0
Ea
$3,300.00
$0.00
Mainline Services
100
Ft.
$35.00
$3,600.00
Total
$71,800.00
Tatal Backbone Cast
$262,575.00
Total Number of Lots
22
Rlght of Way Surcharge Per Lot
$11,935.23
196
VWBUTSKO
Exhibit C
Dry Utility Opinion Of Cost
Optional Items
Date: 12/1112008
Gas
Distribution Main
850
Ft.
$15.00
$12,750.00
Distribution Main/Bring - Up
100
Ft.
$17.00
$1,700.00
Gas Main Relocation
0
Ft.
$25.00
$0.00
Service Stubs
Ea
$150 00
$0.00
Joint Trench Credit
850
Ft.
($1.00)
($850.00)
ITCC Charges
0
Ea
35%
$5,057.50
Total
$18,657.60
Street Lights
Electroliers/Heads In -Tract
2
Ea
$1,700.00
$3,400.00
Electroliers/Heads Backbone
2
Ea
$2,200.00
$4,400 00
Meter Pedestal
1
Ea
$9,655.00
$9,655.00
Total
$17,455.00
197
,V BU'�`(' jj 74-130 Country Club Drive, Suite 102
kA1 SK Palm Desert, CA 92260 Date: 12111/08
Li11LETY U15IG[ti, INC, Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit D
Dry Utility Opinion Of Cost
Sample Area Private Property Estimate
Client:
City of La Quinta
Project: La QUinta • Study
Addross:
78-495 Calle Tampico
Area 1 - Cove
La Quinta, CA 92562
Avenida Carranza - From Calle
Attn:
Nick Nickerson
Temecula to Calle Madrid
Telephone:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
CitylCounty: La Quinta. Riverside Co
Avenida Carranza - From Calle Temecula to Calls Madrid
Summary Estimated Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
IID Distribution
0
Ft.
$45.00
$0.00
IID Back Bone Footage
0
Ft.
$85.00
$0 00
IID Overhead Removals
1540
Ft.
$50.00
$77,000.00
IID Service Conversion with UG Service
16
Ea
$950 00
$15,200.00
IID Service Conversion with OH Service
6
Ea
$1,750.00
$10,500.00
Total
$77,000.00
Telephone
Telephone Conversion/Relocation
0
Ft.
$50 00
$0.00
Telephone Service Conversion with UG Service
0
Ea
$950 00
$0.00
Telephone Service Conversion with OH Service
5
Ea
$1,750.00
$8,750.00
ITCC Charges
0
Ea
33%
$0.00
Total
$8,750.00
CAN
CAN Conversion
0
Ft.
$50 00
$0 00
CATV Service Conversion with UG Service
16
Ea
$950 00
$15,200.00
CAN Service Conversion with OH Service
6
Ea
$1,750.00
$10,500.00
Total
$25,700.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
0
Ft.
$105.00
$0.00
BB Trench, Backfill, Conduit, Semi Encasement
0
Ea
$85 00
$0.00
Local Distribution Trench, Backfill, Conduit, No Encasement
0
Ft.
$65.00
$0 00
Convert Service with existing UG Service
16
Ea
$1,800.00
$28,800.00
Convert Service with existing OH Service
6
Ea
$3,300.00
$19,800 00
Mainline Services
0
Ft.
$35.00
$0.00
Total
$48,600.00
Total Backbone Cost
$160,050.00
Total Number of Lots
22
Private Property Per Lot
$7,275.00
4A 11-FILITY DESIGN, INC
Exhibit D
Dry Utility Opinion Of Cost
Optional Items
Date: 12/11/2008
Gas
Distribution Main
0
Ft.
$15.00
$0.00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0.00
Gas Main Relocation
0
Ft.
$25.00
$0.00
Service Stubs
22
Ea
$150.00
$3,300.00
Joint Trench Credit
0
Ft.
($1.00)
$0.00
ITCC Charges
0
Ea
35%
$1,155.00
Total
$4,455.00
Street Lights
Electroliers/Heads In -Tract
0
Ea
$1,700.00
$0.00
Electroliers/Heads Backbone
0
Ea
$2,200.00
$0.00
Meter Pedestal
0
Ea
$3,655.00
$0.00
Total
$0.00
•e
Study Area 2 - Downtown Commercial Area: is bordered by Avenida Bermudas to
the west, Calle Guatemala to the east, Avenida La Fonda to the north and Calle
Amigo to the south. The majority of the electrical, telephone, and cable TV facilities
in Study Area 2 are overhead facilities. The utility's main feeder systems primarily
run overhead north and south. The utility's local distribution systems primarily run
east and west along the alleyways and/or rear property lines of the businesses and
homes.
The Public Right of Way and Private Property cost estimates were based on a sample
study area of 8 businesses. The sample study area is the alley between Avenida La
Fonda and Calle Estado from Avenida Bermudas to Desert Club Dr.
® The businesses in this area are served by overhead and underground
services.
• Electric service equipment on the buildings varies significantly.
• The size of lot, hardscape, and landscaping conditions vary.
+ The area is not very dense and there are many of vacant lots in the area
causing the cost per lot to increase dramatically.
200
Exhibit A
Area #2
Sample Area
Description of Sample Area
Number of Lots in sample area:
Linear Footage:
Description of existing utilties:
Description of existing services:
Description of new underground utilties:
Estimate of Costs - Backbone (8 Commercial Lots)
Utility Costs
Contractor Costs
Sub -Total
Estimate of Costs - Right Of Way (8 Commercial Lots)
Utility Costs
Contractor Costs
Sub -Total
City Of La Quinta
Study Area 2
Downtown Commercial
Alley between Avenida La Fonda and Calle Estado
8
720
The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are located along the rear property line in the alleyways between the businesses.
There are also existing overhead facilities on the street frontage of Desert Club Drive.
The existing utility services are underground/overhead from the overhead poles to the businesse.
The new underground utiliies will be placed in a shared joint trench.
It is assumed that the utilities will install the new underground facilties in a shared joint trench in the existing alleys and streets.
Total
$387,416.24
$159,974.12
$547,390.35
Total
$169,180.00
$75,600.00
$244,780.00
Estimate of Costs - Private Property (8 Commercial Lots) Total
Utility Costs $74,000.00
Contractor Costs $146,400.00
Sub -Total $220,400.00
Sample Area Total:
Sample Area Cost Per Lot:
$1,012.570.35
Cost Per Lot
$48,427.03
$19,996.76
$68,423.79
Cost Per Lot
$21,147.50
$9,450.00
$30,597.50
Cost Per Lot
$9,250.00
$18,300.00
$27,550.00
$126,571.29
2/17/2009 Butsko Utility Design, Inc. 201
Exhibit A
Area #2
OVERALL ESTIMATE Area 2
Description of Area
Description of existing utilties:
Description of existing services:
Description of new underground utilties:
Estimate of Costs - Backbone (51 Developed Parcels)
Utility Costs
Contractor Costs
Sub -Total
Estimate of Costs - Right Of Way (51 Developed Parcels)
Utility Costs
Contractor Costs
Sub -Total
City Of La Quinta
Study Area 2
Downtown Commercial
Calle Amigo, Calle Barcelona, Calle Estado, Calle Fortuna, Calle Cadiz, Avenida la Fonda from Avenida Bermudas to Calle
Guatamala, Avenida Bermudas from Calle Amigo to Avenida la Fonda, Desert Club Drive from Avenue 52 to Main Street.
The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are located along the rear property line in the alleyways between the businesses.
There are also existing overhead facilities on the street frontage of Desert Club Drive.
The existing utility services are underground/overhead from the overhead poles to the businesse.
The new underground utiliies will be placed in a shared joint trench
It is assumed that the utilities will install the new underground facilties in a shared joint trench in the existing alleys and
streets
Total
$2,469,778 50
$1,019,835.00
$3,489,613.50
Total
$1,078,522.50
$481,950.00
$1,560,472.50
Estimate of Costs - Private Property (51 Developed Parcels) Total
Utility Costs $471,750.00
Contractor Costs $933,300.00
Sub -Total $1,405,050.00
Overall Area Total:
Overall Area Cost Per Lot:
$6.455.136.00
Cost Per Lot
$48,427 03
$19,996.76
$68,423.79
Cost Per Lot
$21,147.50
$9,450 00
$30,597 50
Cost Per Lot
$9,250.00
$18,300.00
$27, 550.00
$126,571.29
2/17/2009 Butsko Utility Design, Inc. 202
,V B UTSHO 74-130 Country Club Drive, Suite 102
1 Palm Desert, CA 92260 Date: 116109
ill lillY DES)Cii ItiC, Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit B
Dry Utility Opinion Of Cost
Backbone Overall Estimate
Client: City of La Qulnta Project: La Quinta - Study
Address: 78-495 Calle Tampico Area 2 - Downtown Commercial
La Quinta, CA 92562
Attn: Nick Nickerson
Telephone: (760) 346-7481 Type: Commercial
Fax: (760) 346-6315 CitylCounty: La Quinta, Riverside Co
Calls Amigo, Calle Barcelona, Calle Estado, Calle Fortuna, Calle Cadiz, Avenida la Fonda from Avenida Bermudas to Calle
Guatamala, Avenida Bermudas from Calle Amigo to Avenida la Fonda, Desert Club Drive from Avenue 52 to Main Street.
Summary Estimated Costs:
Description
Electric
IID Distribution - Commercial
IID Distribution - Residential
IID Back Bone Footage
IID Overhead Removals
IID Service Conversion with UG Service
IID Service Conversion with OH Service
Total
Telephone
Quantity Unit Cost Per
Cost
4776
Ft.
$55.00
$262,680.00
2400
Ft
$45.00
$108,000.00
4263
Ft
$85.00
$362,355 00
8082
Ft.
$50.00
$404,100.00
0
Ea
$950 00
$0 00
0
Ea
$1,750.00
$0 00
$1,137,135.00
Telephone Conversion/Relocation
11439
Ft.
$50 00
$571,950.00
Telephone Service Conversion with UG Service
0
Ea
$950.00
$0 00
Telephone Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
ITCC Charges
0
Ea.
33%
$188,743.50
Total
$760,693.50
CAN
CATV Conversion
11439
Ft.
$50.00
$571,950.00
CAN Service Conversion with UG Service
0
Ea
$950.00
$0 00
CAN Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
Total
$571,960.00
Subtotal Utility Costs
$2,469,778.60
Contractor
BB Trench, Backfill, Conduit, Full Encasement
4776
Ft.
$105.00
$501,480.00
BB Trench, Backfill, Conduit, Semi Encasement
4263
Ea
$85.00
$362,355.00
Local Distribution Trench, Backfill, Conduit, No Encasement
2400
Ft.
$65.00
$156,000.00
Convert Service with existing UG Service
0
Ea
$1,800.00
$0 00
Convert Service with existing OH Service
0
Ea
$3,300.00
$0.00
Mainline Services
0
Ft.
$35,00
$0.00
Total
$1,019,835.00
Subtotal Contractor Costs
$1,019,835.00
Total Backbone Cast
$3,489,613,50
Total Number of tots
51
Backbone Surcharge Per Lot
$68.423.79
203
FIBUTSK0
Exhibit B
Dry Utility Opinion Of Cost
Optional Items
Date: 1/6/2009
Client: City of La Quinla Project, La Quinla - Study
Address: 78-495 Calle Tampico Area 2 - Downtown Commercial
La Quinta, CA 92562 Backbone
AIM Nick Nickerson
Telephone: (760) 346-7481 Type: Commercial
Fax: (760) 346-8315 City/County: La Quirila. Riverside Cc
Gas
Distribution Main
0
Ft.
$15.00
$0 00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0.00
Gas Main Relocation
0
Ft.
$26.00
$0 00
Service Stubs
0
Ea
$150.00
$0.00
Joint Trench Credit
0
Ft.
($1.00)
$0.00
ITCC Charges
0
Ea
35%
$0.00
Total
$0.00
Street Lights
Electroliers/Heads In -Tract
11
Ea
$1,700.00
$18,117.75
Electroliers/Heads Backbone
12
Ea
$2,200.00
$26,268.00
Meter Pedestal
4
Ea
$3,655.00
$14,620.00
Total
$59,005.75
204
R BUT[' KO 74-130 Country Club Drive, Suite 102
1 ►7 Palm Desert, CA 92260 Date: 1/6109
iE7'Il.17Y DESIGN, INC. Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit C
Dry Utility Opinion Of Cost
Commercial Ri ht of Way Estimate
Client: City of La Quints Project: La Quints - Study
Address: 78-495 Calle Tampico Area 2 - Downtown Commercial
La Quints, CA 92562
Attn: Nick Nickerson
Telephone: (760) 346-7481 Type: Commercial
Fax: (760) 346-8315 CityfCounty: La Quinta, Riverside Co
Sample Area - Alley between Avenida La Fonda and Calle Estado
Summary Estimated Costs:
Description
Electric
IID Distribution - Commercial
IID Distribution - Residential
IID Back Bone Footage
IID Overhead Removals
IID Service Conversion with UG Service
IID Service Conversion with OH Service
Quantity Unit Cost Per Cost
720
Ft.
$65.00
$46,800.00
0
Ft.
$45 00
$0.00
0
Ft.
$85.00
$0.00
770
Ft.
$50.00
$38,500.00
0
Ea
$950.00
$0.00
0
Ea
$1.750.00
$0.00
Total $85,300.00
Telephone
Telephone Conversion/Relocation
720
Ft.
$50.00
$36,000.00
Telephone Service Conversion with UG Service
0
Ea
$950,00
$0.00
Telephone Service Conversion with OH Service
0
Ea
$1,750.00
$0 00
ITCC Charges
0
Ea
33%
$11.880 00
Total
$47,880.00
CATV
CATV Conversion
720
Ft.
$50 00
$36,000.00
CAN Service Conversion with UG Service
0
Ea
$950.00
$0.00
CAN Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
Total
$36,000.00
Subtotal Utility Costs
$169,180.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
720
Ft.
$105.00
$75,600.00
BB Trench, Backfill, Conduit, Semi Encasement
0
Ea
$85.00
$0.00
Local Distribution Trench, Backfill, Conduit, No Encasement
0
Ft.
$65.00
$0.00
Convert Service with existing UG Service
0
Ea
$1,800.00
$0.00
Convert Service with existing OH Service
0
Ea
$3,300.00
$0.00
Mainline Services
0
Ft.
$35 00
$0 00
Total
$75,600.00
Subtotal Contractor Costs
$75,600.00
Total Right Of Way Cost
S244,780.00
Total Number of Lots
6
Right of Way Surcharge Per Lot
$30,597.50
205
VIPBUTSKO
Exhibit C
Dry Utility Opinion Of Cost
Optional Items
Date: 11612009
Client:
City of La Quinta
Protect: La Quinta - Study
Address:
78-495 Calle Tampico
Area 2 - Downtown Commercial
La Quinta, CA 92562
Right Of Way
Attn:
Nick Nickerson
Telephone:
(760) 346-7481
Type: Commercial
Fax:
(760) 346-8315
CitylCounty: La Quinta, Riverside Co
Gas
Distribution Main
0
Ft.
$15.00
$0.00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0.00
Gas Main Relocation
0
Ft.
$25.00
$0.00
Service Stubs
0
Ea
$150.00
$0.00
Joint Trench Credit
0
Ft.
($1.00)
$0.00
ITCC Charges
0
Ea
35%
$0.00
Total
$0.00
Street Lights
Electroliers/Heads In -Tract
2
Ea.
$1.700.00
$3,060.00
Electroliers/Heads Backbone
0
Ea.
$2,200.00
0
Meter Pedestal
1
Ea
$3.655.00
$3,655 00
Total
$6,716.00
206
UPBUTSK0 74-130 Country Club Drive, Suite 102
Palm Desert, CA 92260 Date: 116109
iI11I.17Y I}CSEGti, INC. Palm
(760) 601-3390, Fax (760) 346-8518
Exhibit D
Dry Utility Opinion Of Cost
Commercial Private Property Estimate
Client: City of La Quinta Project: La Quinta - Study
Address: 78-495 Calle Tampico Area 2 - Commercial/Residential
La Quinta, CA 92562
Attu: Nick Nickerson
Telephone: (760) 346-7481 Type: Commercial/Residential
Fax: (760) 346-8315 CitylCourtty. La Quinta, Riverside Co
Sample Area - Alley between Avenida La Fonda and Calle Estado
Summary Estimated Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
III) Distribution - Commercial
800
Ft.
$55.00
$44,000 00
IID Distribution - Residential
0
Ft.
$45.00
$0.00
IID Back Bone Footage
0
Ft.
$85.00
$0.00
IID Overhead Removals
0
Ft.
$50 00
$0.00
IID Service Conversion with UG Service
5
Ea
$950 00
$4,750.00
IID Service Conversion with OH Service
3
Ea
$1,750.00
$5,250.00
Total
$54,000.00
Telephone
Telephone Conversion/Relocation
0
Ft.
$50.00
$0.00
Telephone Service Conversion with UG Service
5
Ea
$950.00
$4,750.00
Telephone Service Conversion with OH Service
3
Ea
$1,750.00
$5,250.00
ITCC Charges
0
Ea
33%
$0.00
Total
$10,000.00
CAN
CAN Conversion
0
Ft.
$50.00
$0.00
CAN Service Conversion with UG Service
5
Ea.
$960.00
$4,750 00
CAN Service Conversion with OH Service
3
Ea.
$1,750.00
$5,250.00
Total
$10,000.00
Subtotal Utility Costs
$74,000.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
800
Ft.
$105.00
$84,000 00
BB Trench, Backfill, Conduit, Semi Encasement
200
Ea
$85.00
$17.000.00
Local Distribution Trench, Backfill, Conduit, No Encasement
0
Ft.
$65.00
$0.00
Convert Service with existing UG Service
5
Ea
$3,800.00
$19,000.00
Convert Service with existing OH Service
3
Ea
$8,800.00
$26,400.00
Mainline Services
0
Ft.
$35.00
$0 00
Total
$146.400.00
Subtotal Contractor Costs
$146,400.00
Total Private Pro a Cost
$220o400.00
Total Number of Lots
8
Private Property Surcharge Per Lot
$27,560.00
207
Date: 11612009
Exhibit D
Dry Utility Opinion Of Cost
Optional Items
Client:
City of La Quinta
Project: La Qu€nla - Study
Address:
78-495 Calle Tampico
Area 2 - Downtown Commercial
La Quinta, CA 92562
Private Prop
Atln:
Nick Nickerson
Telephone:
(760) 346-7481
Type: Commercial
Fax:
(760) 346-8315
CitylCounty: La Quinta, Riverside Co
Gas
Distribution Main
0
Ft.
$15 00
$0.00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0.00
Gas Main Relocation
0
Ft.
$25.00
$0 00
Service Stubs
0
Ea
$150.00
$0.00
Joint Trench Credit
0
Ft.
($1.00)
$0.00
ITCC Charges
0
Ea
35%
$0.00
Total
$0.00
Street Lights
ElectrolierslHeads In -Tract 0 Ea $1,700.00
ElectrolierslHeads Backbone 0 Ea $2,200.00
Meter Pedestal 0 Ea $3,655 00
Total
$0.00
$0.00
$0 00
$0.00
I
Study Area 3 - Down Town Residential Area: the western portion of Area 3 is
bordered by Calle Guatemala to the west, Washington Street to the east, Avenida La
Fonda to the north and Avenida Nuestra to the south. The eastern portion of Area 3
is bordered by Washington Street to the west, Calle Rondo to the east, Avenida
Ultimo to the north, and Avenia Nuestra to the south.
The majority of the electrical, telephone, and cable TV facilities in Area 3 are
overhead facilities. The utility's main overhead feeder systems run east and west.
The utility's local distribution systems primarily run north and south along the rear
property lines of the homes.
The public Right of Way and Private Property cost estimates were based on a sample
study area of 16 homes, 2 lots, and a church. The sample study area is Calle Quito
between Avenida Tujunga and Calle Tampico.
• The homes in this area are served by overhead and underground services.
■ The type of home and front and rear yard landscaping varies.
41 The residential lot frontage is greater than the Cove.
m The area is not as dense as the Cove. There are vacant lots in the area
causing the cost per lot to increase.
Along Calle Rando there appear to be idle de -energized electric facilities at
Ultimo and Rando.
ZIOJ
Exhibit A City Of La Quinta
Study Area 3
Area #3 Downtown Residential
Sample Area
Calle Paloma between Avenida Tujunga and Calle Tampico
Description of Sample Area
Number of Lots in sample area:
19
Linear Footage:
1010
Description of existing utilties:
The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are located along the rear property line of the homes.
There are also existing overhead transmission facilities on the street frontage of Calle Rondo that appear to be idle.
Description of existing services:
The existing utility services are underground/overhead from the overhead poles to the homes...
Description of new underground utilties:
The new underground utiliies will be placed in a shared joint trench.
It is assumed that the utilities will install the new underground facilties in a shared joint trench in the existing streets
Estimate of Costs - Backbone (19 Homes)
Total Cost Per Lot
Utility Costs
$689,348.67 $36,281.51
Contractor Costs
$304,717.39 $16,037.76
Sub -Total
$994,066.07 $52,319.27
Estimate of Costs -Right Of Way (19 Homes)
Total Cost Per Lot
Utility Costs
$229,365.00 $12,071.84
Contractor Costs
$119,850.00 $6,307.89
Sub -Total
$349,215.00 $18,379.74
Estimate of Costs - Private Property (19 Homes)
Total Cost Per Lot
Utility Costs
$61,350.00 $3,228.95
Contractor Costs
$38,700.00 $2,036.84
Sub -Total
$100,050.00 $5,265.79
Sample Area Total:
$1,443,331.07
Sample Area Cost Per Lot:
$75,964.79
2/17/2009
Butsko Utility Design, Inc.
210
Exhibit A City Of La Quinta
Study Area 3
Area #3 Downtown Residential
OVERALL ESTIMATE Area 3
Description of Area
Area south of Avenida La Fonda, North of Avenida Nuestra, East of Washington Street and west of Calle Cadiz
And the area east of Washington Street west of Calle Rondo, south of Avenida Ultimo and north of Avenida Nuestra
Description of existing utilties: The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are located along the rear property line of the homes.
There are also existing overhead transmission facilities on the street frontage of Calle Rondo that appear to be idle.
Description of existing services: The utility services are underground/overhead from the overhead poles to the homes.
Description of new underground utilties: The new underground utiliies will be placed in a shared joint trench.
It is assumed that the utilities will approve placement of their new underground facilties in the existing streets
Estimate of Costs - Backbone (165 Homes) Total Cost Per Lot
Utility Costs $5,986,449.00 $36,281.51
Contractor Costs $2,646,230.00 $16,037.76
Sub -Total $8,632,679.00 $52,319.27
Estimate of Costs -Right Of Way (165 Homes) Total
Utility Costs $1,991,853.95
Contractor Costs $1.040.802.63
Sub -Total $3,032,656.58
Estimate of Costs - Private Property (165 Homes) Total
Utility Costs $532,776.32
Contractor Costs $336,078.95
Sub -Total $868,855.26
Overall Area Total:
Overall Area Cost Per Lot:
$12,534,190.84
Cost Per Lot
$12,071.84
$6,307.89
$18,379.74
Cost Per Lot
$3,228.95
$2,036.84
$5,265.79
$75.964.79
2/17/2009 Butsko Utility Design, Inc.
211
VWBU TSK0 74-130 Country Club Drive, Suite 102
Palm Desert, CA 92260 Date: 1128109
LiTIi 1TY DESIGN, INC. Phone: (760) 601-3390, Fax (760) 346-8618
Exhibit B
Dry Utility Opinion Of Cost
Backbone Overall Estimate
7llent: City of La Quinta Project: La Quinta - Study
address: 78-495 Calls Tampico Area 3 - Downtown Residential
La Quinta, CA 92562
Utn: Nick Nickerson
telephone: (760) 346-7481 Type: Residential
:ax: (760) 346-8315 City./County: La Quinta, Riverside Co
Sample Area - Calls Paloma from Avenida Tujunga to Calle Tampico
Summary Estimated Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
IID Distribution - Commercial
0
Ft.
$55.00
$0 00
IID Distribution - Residential
12510
Ft.
$45.00
$562,950.00
IID Back Bone Footage
14456
Ft.
$85 00
$1,228,760.00
IID Overhead Removals
21064
Ft.
$50.00
$1,053,200.00
IID Service Conversion with UG Service
0
Ea.
$950.00
$0 00
IID Service Conversion with OH Service
0
Ea.
$1,750.00
$0.00
Total
$2,844,910.00
Telephone
Telephone Conversion/Relocation
26966
Ft.
$50.00
$1,348,300.00
Telephone Service Conversion with UG Service
0
Ea.
$950.00
$0.00
Telephone Service Conversion with OH Service
0
Ea.
$1,750.00
$0 00
ITCC Charges
0
Ea.
33%
$444,939 00
Total
$1,793,239.00
CAN
CATV Conversion
26966
Ft.
$50.00
$1,348,300 00
CATV Service Conversion with UG Service
0
Ea.
$950.00
$0 00
CAN Service Conversion with OH Service
0
Ea.
$1,750 00
$0 00
Total
$1,348,300.00
Subtotal Utility Costs
$6.986.449.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
14456
Ft.
$105.00
$1,517,880.00
BB Trench, Backfill, Conduit, Semi Encasement
12510
Ea
$85 00
$1,063,350 00
Local Distribution Trench, Backfill, Conduit, No Encasement
1000
Ft.
$65 00
$65,000.00
Convert Service with existing UG Service
Ea
$1,800.00
$0 00
Convert Service with existing OH Service
Ea
$3,300.00
$0.00
Mainline Services
0
Ft.
$35.00
$0.00
Total
$2,646,230.00
Subtotal Contractor Costs
$2,646,230.00
Total Backbone Cost
$8.632,679.00
Total Number of lots
166
Backbone 9urchar a per Lot
$62,319.27
212
VrB�UTSKO
Exhibit B
Dry Utility Opinion Of Cost
Optional Items
Date: 1/28/2009
Client: City of La Quinta Project. La Quinta - Study
Address: 78-495 Calle Tampico Area 3 - Downtown Residential
La Quinta, CA 92562 Backbone
Attn: Nick Nickerson
Telephone: (760) 346-7481 Type: Residential
Fax: (760} 346-8315 City/Count: La Quinta, Riverside Co
Gas
Distribution Main
Distribution Main/Bring - Up
Gas Main Relocation
Service Stubs
Joint Trench Credit
ITCC Charges
Total
Street Lights
Electroliers/Heads In -Tract
Electroliers/Heads Backbone
Meter Pedestal
Total
0 Ft.
$15.00
$0.00
0 Ft.
$17.00
$0.00
0 Ft
$25.00
$0.00
0 Ea.
$150.00
$0.00
0 Ft.
($1.00)
$0.00
0 Ea.
35%
$0.00
$0.00
31 Ea. $1,700 00 $0.00
36 Ea. $2,200.00 $79,508.00
4 Ea. $3,655 00 $14,620.00
$94,128.00
213
,IF- BUTSK0 74-130 Country Club Drive, Suite 102
jj Palm Desert, CA 92260 Date: 1/28/09
UTILITY DESIGN, INC. Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit C
Dry Utility Opinion Of Cost
Residential Right of Way Estimate
.IkenE:
City at La Quinta
Project; La Quinta • Sludy
address:
78-495 Calle Tampico
Area 3 - Residential
La Quinta, CA 92562
Vtn
Nick Nickerson
Folophone:
(760) 346-7481
Type: Residential
°ax:
(760) 346-8315
City/Count: La Quinta. Riverside Co
Sample Area - Calle Paloma from Avenida Tujunga to Calle Tampico
Summary Estimated Costs:
Description
Electric
IID Distribution - Commercial
IID Distribution - Residential
IID Back Bone Footage
IID Overhead Removals
IID Service Conversion with UG Service
IID Service Conversion with OH Service
Total
Telephone
Telephone Conversion/Relocation
Telephone Service Conversion with UG Service
Telephone Service Conversion with OH Service
ITCC Charges
Total
CAN
CAN Conversion
CAN Service Conversion with UG Service
CAN Service Conversion with OH Service
Total
Subtotal Utility Costs
Quantity Unit Cost Per
0
Ft.
$55.00
1010
Ft.
$45.00
200
Ft.
$85 00
985
Ft.
$50.00
0
Ea
$950.00
0
Ea
$1,750.00
1010
Ft.
$50 00
0
Ea
$950.00
0
Ea
$1,750 00
0
Ea
33%
i 010 Ft. $50.00
0 Ea $950.00
0 Ea $1,750.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
200
Ft.
$105.00
BB Trench, Backfill, Conduit, Semi Encasement
1010
Ea
$85.00
Local Distribution Trench, Backfill, Conduit, No Encasement
200
Ft.
$65.00
Convert Service with existing UG Service
0
Ea
$1,800.00
Convert Service with existing OH Service
0
Ea
$3,300.00
Mainline Services
0
Ft
$35.00
Cost
$0.00
$45,450.00
$17,000.00
$49,250.00
$0.00
$0.00
$111,700.00
$50,500.00
$0.00
$0.00
$16,665.00
$67,165.00
$50,600.00
$0 00
$0.00
$50,500.00
$229,365.00
$21,000.00
$85,850.00
$13,000.00
$0 00
$0.00
$0.00
Total $119,850.00
Subtotal Contractor Costs $119,850.00
Total Right Of Way Cost $349,216.00
Total Number of Lots 19
Right of Way Surcharge Per Lot $18,379.74
214
FAB�UTsxo
Exhibit C
Dry Utility Opinion Of Cost
Optional Items
Date: 1/28/2009
Client:
City of La Quinta
Project: La Quinta - Study
Address:
78-495 Calle Tampico
Area 3 - Residential
La Quinta, CA 92562
Right Of Way
Attn:
Nick Nickerson
Telephone:
(760) 346-7481
Type: Commercial
Fax:
(760) 346-8315
City/Coun : La Quinta, Riverside Co
Gas
Distribution Main
0
Ft.
$15.00
$0.00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0.00
Gas Main Relocation
0
Ft.
$25.00
$0.00
Service Stubs
0
Ea
$150.00
$0.00
Joint Trench Credit
0
Ft.
($1.00)
$0.00
ITCC Charges
0
Ea
35%
$0.00
Total
$0.00
Street Lights
Electroliers/Heads In -Tract
3
Ea
$1,700 00
$4,292.50
Electroliers/Heads Backbone
0
Ea
$2,200.00
$0.00
Meter Pedestal
1
Ea
$3,655.00
$3,655.00
Total
$7,947.50
215
VABUTSKD 74-130 Country Club Drive, Suite 102
kA1 Palm Desert, CA 92260 Date: 1/28109
�i'I'IE.['IY UFSIG, INC. Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit D
Dry Utility Opinion Of Cost
Residential Private Property Estimate
Client:
City of La Qulnta
Project: La Quinta - Study
Address:
78-495 Calle Tampico
Area 3 - Residential
La Quinta, CA 92562
Attn:
Nick Nickerson
Telephone:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
City/County: La Quinta, Riverside Co
Sample Area - Calle Paloma from Avenida Tujunga to Calle Tampico
Summary Estimated Costs:
Description
Electric
IID Distribution - Commercial
IID Distribution - Residential
IID Back Bone Footage
IID Overhead Removals
IID Service Conversion with UG Service
IID Service Conversion with OH Service
Total
Telephone
Quantity Unit Cost Per Cost
0 Ft.
$55.00
$0 00
0 Ft.
$45.00
$0.00
0 Ft.
$85.00
$0.00
0 Ft.
$50.00
$0 00
16 Ea
$950 00
$15,200.00
3 Ea
$1,750.00
$5.250 00
$20,450.00
Telephone ConversionlRelocation
0
Ft.
$50.00
$0.00
Telephone Service Conversion with UG Service
16
Ea.
$950.00
$15,200.00
Telephone Service Conversion with OH Service
3
Ea.
$1,750.00
$5,250.00
ITCC Charges
0
Ea.
33%
$0 00
Total
$20,450.00
CAN
CAN Conversion
0
Ft.
$50.00
$0.00
CAN Service Conversion with UG Service
16
Ea
$950 00
$15,200.00
CAN Service Conversion with OH Service
3
Ea
$1,750.00
$5,250.00
Total
$20,450.00
Subtotal Utility Costs
$61,350.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
0
Ft.
$105.00
$0.00
BB Trench, Backfill, Conduit, Semi Encasement
0
Ea
$85.00
$0.00
Local Distribution Trench, Backfill, Conduit, No Encasement
0
Ft.
$65.00
$0 00
Convert Service with existing UG Service
16
Ea
$1,600 00
$28,800.00
Convert Service with existing OH Service
3
Ea
$3,300.00
$9,900 00
Mainline Services
0
Ft.
$35.00
$0.00
Total
$38,700.00
Subtotal Contractor Costs
$38,700.00
Total Private Property Cost
$100,050.00
Total Number of Lots
19
Private Propaq Surchar a Per Lot
$5,265.79
216
VWBUTsx0
Exhibit D
Dry Utility Opinion Of Cost
Date: 1/28/2009
Cllent:
City of La Quinta
Project: La Quinta - Study
Address:
78-495 Calle Tampico
Area 3 - Residential
La Quinta, CA 92562
Private Property
Attn:
Nick Nickerson
Telephone:
(760) 346-7481
Type: Commercial
Fax:
(760) 346-8315
CitylCounty: La Quinta, Riverside Co
Gas
Distribution Main
0
Ft.
$15.00
$0.00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0.00
Gas Main Relocation
0
Ft.
$25 00
$0.00
Service Stubs
0
Ea
$150.00
$0.00
Joint Trench Credit
0
Ft.
($1 00)
$0.00
ITCC Charges
0
Ea
35%
$0.00
Total
$0.00
Street Lights
Electroliers/Heads In -Tract
3
Ea
$1,700.00
$5.100.00
Electroliers/Heads Backbone
0
Ea
$2,200 00
$0 00
Meter Pedestal
0
Ea
$3,655 00
$0.00
Total
$5,100.00
217
Study Area 4 — Sagebrush: is residential and identified as Sagebrush, it is bordered
by Washington Street to the west, Date Palm Drive to the east, Sagebrush Avenue to
the north, and Saguaro Road to the south. Area 4 also includes the eastern side of
Washington Street between Saguaro Road and 50th Avenue.
The majority of the electrical, telephone, and cable TV facilities in Study Area 4 are
overhead facilities. The utility's main overhead feeder systems run north and south
along Washington Street. The utility's local distribution systems primarily run east
and west along the rear property lines of the homes.
The Public Right of Way and Private Property cost estimates were based on a sample
study area of Bottlebrush Drive east of Date Palm Drive.
9 The type of home and front and rear yard landscaping varies.
0 Few vacant lots on this block
■ The homes in this area are served by overhead and underground services.
Y The type of home and front and rear yard landscaping varies.
• The estimates include the conversion of overhead facilities along the east
side of Washington Street.
218
Exhibit A City Of La Quinta
Study Area 4
Area #4 Sagebrush
Sample Area
Sample Area - Bottlebrush Drive East of Date Palm Drive
Description of Sample Area
Number of Lots in sample area: 41
Linear Footage: 1299
Description of existing utilties: The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are located along the rear property line of the homes and businesses.
There are also existing overhead facilities on the street frontage of Washington Street
Description of existing services: The existing utility services are underground/overhead from the overhead poles to the homes...
Description of new underground utilties: The new underground utiliies will be placed in a shared joint trench.
It is assumed that the utilities will install the new underground facilties in a shared joint trench in the existing streets
Estimate of Costs - Backbone (41 Homes) Total Cost Per Lot
Utility Costs $423.775.61 $10,335.99
Contractor Costs $212,561.79 $5,184.43
Sub -Total $636,337.41 $15,520.42
Estimate of Costs - Right Of Way (41 Homes)
Utility Costs
Contractor Costs
Sub -Total
Total
$284,288.50
$131,415.00
$415,703.50
Estimate of Costs - Private Property (41 Homes) Total
Utility Costs $208,050.00
Contractor Costs $130,800.00
Sub -Total $338,850.00
Sample Area Total:
Sample Area Cost Per Lot:
$1.390.890.91
Cost Per Lot
$6,933.87
$3,205.24
$10,139.11
Cost Per Lot
$5,074.39
$3,190.24
$8,264.63
$33,924.17
2/17/2009 Butsko Utility Design, Inc.
219
Exhibit A City of La Quinta
Study Area 4
Area #4 Sagebrush
OVERALL ESTIMATE Area 4
Description of Area
Streets included are Sagebrush Avenue, Bottlebrush Avenue, and Saguaro Road, including Date Palm Drive to the east and
Washington Street to the west.
Description of existing utilties: The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are located along the rear property line of the homes and businesses.
There are also existing overhead facilities on the street frontage of Desert Club Drive
Description of existing services: The utility services are underground/overhead from the overhead poles to the homes..
Description of new underground utilties: The new underground utiliies will be placed in a shared joint trench.
It is assumed that the utilities will approve placement of their new underground facilties in the existing streets
Estimate of Costs - Backbone (106 Homes)
Total
Utility Costs
$1,095,615.00
Contractor Costs
$549.550.00
Sub -Total
$1,645.165 00
Estimate of Costs -Right Of Way (106 Homes)
Total
Utility Costs
$734,989.78
Contractor Costs
$339,755.85
Sub -Total
$1,074,745.63
Estimate of Costs - Private Property (106 Homes) Total
Utility Costs $537,885.37
Contractor Costs $338,165.85
Sub -Total $876,051.22
Overall Area Total:
Overall Area Cost Per Lot:
$3,695,961.85
Cost Per Lot
$10,335.99
$5.184 43
$15,520.42
Cost Per Lot
$6,933 87
$3,205.24
$10,139.11
Cost Per Lot
$5,074.39
$3,190.24
$8,264.63
$33,924.17
2/1712009 Butsko Utility Design, Inc
220
►PBUTSK0 74-130 Country Club Drive, Suite 102
kI UTILITY DESIGN, INC. Palm Desert, CA 92260 Date: 1/28109
Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit B
Dry Utility Opinion Of Cost
Backbone Overall Estimate
client:
City of La 001117
Projcct: La Quinta - Study
4ddress:
78-495 Calle Tampico
Area 4 - Sagebrush
La Quinta, CA 92562
%ttn:
Nick Nickerson
relephone:
(760) 346-7481
Type: Residential
tax:
[760] 346-8315
CitylCount : La Quinta, Riverside Co
Sample Area - Bottlebrush Drive East of Date Palm Drive
Summary Estimated Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
IID Distribution - Commercial
0
Ft.
$55 00
$0.00
IID Distribution - Residential
2410
Ft.
$45.00
$108.450.00
IID Back Bone Footage
2600
Ft.
$85.00
$221,000.00
IID Overhead Removals
3650
Ft.
$50 00
$182,500.00
IID Service Conversion with UG Service
0
Ea.
$950.00
$0.00
IID Service Conversion with OH Service
0
Ea.
$1.750.00
$0.00
Total
$511,950.00
Telephone
Telephone Conversion/Relocation
5010
Ft.
$50.00
$250,500 00
Telephone Service Conversion with UG Service
0
Ea.
$950.00
$0.00
Telephone Service Conversion with OH Service
0
Ea.
$1,750.00
$0.00
ITCC Charges
0
Ea.
33%
$82,665.00
Total
$333,165.00
CAN
CATV Conversion
5010
Ft.
$50 00
$250,500 00
CAN Service Conversion with UG Service
0
Ea.
$950.00
$0.00
CAN Service Conversion with OH Service
0
Ea.
$1,750.00
$0.00
Total
$250,600.00
Subtotal Utility Costs
$1,096,616.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
2410
Ft.
$105 00
$253,050.00
BB Trench, Backfill, Conduit, Semi Encasement
2600
Ea
$85 00
$221,000.00
Local Distribution Trench, Backfill, Conduit, No Encasement
1000
Ft.
$65 00
$65,000.00
Convert Service with existing UG Service
Ea
$1,800.00
$0.00
Convert Service with existing OH Service
Ea
$3,300 00
$0 00
Miscellaneous Services
300
Ft.
$35 00
$10.500.00
Total
$649,660.00
Subtotal Contractor Costs
$649,660.00
Total Backbone Cost
$1,646,166.00
Total Number of Lots
166
Backbone Surcharge Per Lot
$9.970.70
221
FABUTsx0
Exhibit B
Dry Utility Opinion Of Cost
Optional Items
Date: 1/28/2009
Client:
City of La Quinta
Project: La Quinta - Study
Address:
78-495 Calle Tampico
Area 4 - Sagebrush
La Quinta, CA 92562
Backbone
Attm
Nick Nickerson
Telephone:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
CitylCounty: La Cuinla, Riverside Co
Gas
Distribution Main
0
Ft.
$15.00
$0.00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0 00
Gas Main Relocation
0
Ft.
$25.00
$0.00
Service Stubs
0
Ea.
$150 00
$0.00
Joint Trench Credit
0
Ft.
($1.00)
$0 00
ITCC Charges
0
Ea.
35%
$0.00
Total
$0.00
Street Lights
Electroliers/Heads In -Tract
0
Ea.
$1,700 00
$0.00
Electroliers/Heads Backbone
6
Ea
$2,200 00
$13,255.00
Meter Pedestal
10
Ea.
$3,655.00
$36,550.00
Total
$49,806.00
222
,P-BU'�`� 74-130 Country Club Drive, Suite 102
11 K Palm Desert, CA 92260 Date: 1/28/09
IFI-II.rIY DES IC"N' ItiC. Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit C
Dry Utility Opinion Of Cost
Residential Ri ht of Way Estimate
Client:
City of La Quinla
Project: La Quinta - Study
Address:
78-495 Calle Tampico
Area 4 - Sagebrush
La Quinta, CA 92562
Altn
Nick Nickerson
Telephone:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
City!Caun : La Quinta, Riverside Co
Sample Area - Bottlebrush Drive East of Date Palm Drive
Summary Estimated Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
IID Distribution - Commercial
0
Ft.
$55.00
$0.00
IID Distribution - Residential
1299
Ft.
$45.00
$58,455.00
IID Back Bone Footage
200
Ft.
$85 00
$17,000.00
IID Overhead Removals
1150
Ft.
$50.00
$57,500.00
IID Service Conversion with LIG Service
0
Ea.
$950.00
$0.00
IID Service Conversion with OH Service
0
Ea.
$1,750.00
$0.00
Total
$132,955.00
Telephone
Telephone Conversion/Relocation
1299
Ft.
$50,00
$64,950.00
Telephone Service Conversion with UG Service
0
Ea.
$950.00
$0 00
Telephone Service Conversion with OH Service
0
Ea.
$1,750.00
$0.00
ITCC Charges
0
Ea.
33%
$21.433.50
Total
$86,363.60
CAN
CATV Conversion
1299
Ft.
$50.00
$64,950.00
CAN Service Conversion with UG Service
0
Ea
$950.00
$0,00
CAN Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
Total
$64,950.00
Subtotal Utility Costs $284,288.60
Contractor
BB Trench, Backfill, Conduit, Full Encasement
200
Ft.
$105,00
$21,000.00
BB Trench, Backfill, Conduit, Semi Encasement
1299
Ea
$85.00
$110,415.00
Local Distribution Trench, Backfill, Conduit, No Encasement
0
Ft.
$65.00
$0.00
Convert Service with existing UG Service
0
Ea
$1,800.00
$0.00
Convert Service with existing OH Service
0
Ea
$3,300.00
$0.00
Mainline Services
0
Ft.
$35.00
$0.00
Total
$131,415.00
Subtotal Contractor Costs
$131,415.00
Total Right Of Way Cost
$416,703.50
Total Number of Lots
41
Ri ht of Way Surchar a Per Lot
$10,139.11
223
Fr BUTSK0
IMLITY DESIGN, INC.
Exhibit C
Dry Utility Opinion Of Cost
vptionai items
Date: 1128/2009
Client:
City of La Quinta
Project: La Quinta - Study
Address:
78-495 Calle Tampico
Area 4 - Sagebrush
La Quinta, CA 92562
Right Of Way
Attn:
Nick Nickerson
Telephone:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
City/County: La Quinta. Riverside Co
Gas
Distribution Main
Distribution Main/Bring - Up
Gas Main Relocation
Service Stubs
Joint Trench Credit
ITCC Charges
Total
Street Lights
Electroliers/Heads In -Tract
Electroliers/Heads Backbone
Meter Pedestal
Total
0 Ft.
$15.00
$0.00
0 Ft.
$17.00
$0.00
0 Ft.
$25,00
$0.00
0 Ea
$150.00
$0.00
0 Ft.
($100)
$0.00
0 Ea
35%
$0.00
$0.00
3 Ea $1,700.00 $5,100.00
0 Ea $2,200.00 $0.00
0 Ea $3,655.00 $0.00
$5,100.00
224
,W BUT� 74-130 Country Club Drive, Suite 102
kAS Palm Desert, CA 92260 Date: 1/28109
ii i ILLY DESIGN, INC. Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit D
Dry Utility Opinion Of Cost
Residential Private Property Estimate
-lient:
City of La Quinta
Project: La Quinta - Study
4ddress:
78-495 Calle Tampico
Area 4 - Sagebrush
La Quinta, CA 92562
Mtn:
Nick Nickerson
reiephone:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
City/County: La Quinta, Riverside Co
Sample Area - Bottlebrush Drive East of Date Palm Drive
Summary Estimated Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
IID Distribution - Commercial
0
Ft.
$55.00
$0 00
IID Distribution - Residential
0
Ft.
$45.00
$0 00
IID Back Bone Footage
0
Ft.
$85.00
$0 00
IID Overhead Removals
0
Ft.
$50 00
$0 00
IID Service Conversion with UG Service
3
Ea
$950 00
$2,850.00
IID Service Conversion with OH Service
38
Ea
$1,750 00
$66,500.00
Total
$69,350.00
Telephone
Telephone Conversion/Relocation
0
Ft.
$50 00
$0.00
Telephone Service Conversion with UG Service
3
Ea
$950 00
$2,850.00
Telephone Service Conversion with OH Service
38
Ea
$1,750.00
$66,500.00
ITCC Charges
0
Ea
33%
$0.00
Total
$69,350.00
CAN
CAN Conversion
0
Ft.
$50.00
$0.00
CATV Service Conversion with UG Service
3
Ea
$950.00
$2,850.00
CAN Service Conversion with OH Service
38
Ea
$1,750.00
$66,500.00
Total
$69,350.00
Subtotal Utility Costs
$208,050.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
0
Ft.
$105.00
$0.00
BB Trench, Backfill, Conduit, Semi Encasement
0
Ea
$85.00
$0.00
Local Distribution Trench, Backfill, Conduit, No Encasement
0
Ft.
$65.00
$0 00
Convert Service with existing UG Service
3
Ea
$1,800.00
$5,400.00
Convert Service with existing OH Service
38
Ea
$3,300.00
$125,400.00
Mainline Services
0
Ft.
$35.00
$0.00
Total
$130,800.00
Subtotal Contractor Costs
$130,800.00
Total Private Property Cost
$338.850.00
Total !Number of Lots
41
Private Property Surcharge Per Lot
$8,264.63
225
VABUTSK0
Exhibit D
Dry Utility Opinion Of Cost
Optional Items
Date: 1/28/2009
Client:
City of La Quinta
Project: La Quinta - Study
Address:
78-495 Calle Tampico
Area 4 - Sagebrush
La Quinta, CA 92562
Private Property
Attn:
Nick Nickerson
Telephone:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
City/County: La Quinta, Riverside Co
Gas
Distribution Main
0
Ft.
$15.00
$0.00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0.00
Gas Main Relocation
0
Ft.
$25.00
$0.00
Service Stubs
0
Ea.
$150.00
$0.00
Joint Trench Credit
0
Ft.
($1.00)
$0.00
ITCC Charges
0
Ea.
35%
$0.00
Total
$0.00
Street Lights
Electroliers/Heads In -Tract
3
Ea.
$1,700.00
$5,100.00
Electroliers/Heads Backbone
0
Ea
$2,200.00
$0.00
Meter Pedestal
0
Ea.
$3,655.00
$0 00
Total
$5,100.00
226
Study Area 5- Highland Palms: is residential and identified as Highland Palms, it is
bordered by Highland Palms Drive to the west and south, Washington Street to the
east, and Singing Palms Drive to the north.
The majority of the electrical, telephone, and cable TV facilities in Area 5 are
overhead facilities. The utility's main overhead feeder systems run along Highland
Palms Drive, as well as north and south along the rear property lines of the homes
on Washington Street. The utility's local distribution systems primarily run east and
west along the rear property lines of the homes.
The Public Right of Way and Private Property cost estimates were based on a sample
study area of Highland Palms Drive.
A The homes in this area are predominately served by overhead services.
The type of home and front and rear yard landscaping varies.
® Few vacant lots in this area.
0 The residential lot frontage is greater than the Cove.
• The facilities along Highland Palms Drive run along the lot frontages.
227
Exhibit A City Of La Quinta
Study Area 5
Area #5 Highland Palms
Sample Area
Highland Palms Drive from Washington Street west to area limits
Description of Sample Area
Number of Lots in sample area: 20
Linear Footage: 1280
Description of existing utilties: The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are located primarily along the rear property line of the homes.
There are also existing overhead facilities on the street frontage of Highland Palms Drive.
Description of existing services: The existing utility services are underground/overhead from the overhead poles to the homes...
Description of new underground utilties: The new underground utiliies will be placed in a shared joint trench.
It is assumed that the utilities will install the new underground facilties in a shared joint trench in the existing streets
Estimate of Costs - Backbone (20 Homes) Total Cost Per Lot
Utility Costs $379,871.28 $18,993.56
Contractor Costs $169,393.62 $8,469.68
Sub -Total $549,264.89 $27,463.24
Estimate of Costs - Right Of Way (20 Homes) Total
Utility Costs $298,720.00
Contractor Costs $142,800.00
Sub -Total $441,520.00
Estimate of Costs - Private Property (20 Homes) Total
Utility Costs $102.600.00
Contractor Costs $64,500.00
Sub -Total $167,100.00
Sample Area Total:
Sample Area Cost Per Lot:
$1,157,884.89
Cost Per Lot
$14,936.00
$7,140.00
$22,076.00
Cost Per Lot
$5,130.00
$3,225.00
$8,355.00
$57,894.24
2/17/2009 Butsko Utility Design, Inc.
228
Exhiud A City Ot L-a Quinta
Study Area 5
Area #5 Highland Palms
OVERALL ESTIMATE Area 5
Description of Area
Area south of Singing Palms Drive, west of Washington Streets, east and north of Highland Palms Drive
Description of existing utilties: The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are located along the rear property line of the homes and businesses.
There are also existing overhead facilities on the street frontage of Desert Club Drive.
Description of existing services: The utility services are underground/overhead from the overhead poles to the homes...
Description of new underground utilties: The new underground utiliies will be placed in a shared joint trench.
It is assumed that the utilities will approve placement of their new underground facilties in the existing streets
Estimate of Costs - Backbone (94 Homes) Total Cost Per Lot
Utility Costs $1,785,395.00 $18,993.56
Contractor Costs $796,150.00 $8,469.68
Sub -Total $2,581,545.00 $27,463.24
Estimate of Costs - Right Of Way (94 Homes) Total
Utility Costs $1,403,984.00
Contractor Costs $671,160.00
Sub -Total $2, 075,144.00
Estimate of Costs - Private Property (94 Homes) Total
Utility Costs $482,220.00
Contractor Costs $303,150.00
Sub -Total $785,370.00
Overall Area Total:
Overall Area Cost Per Lot:
$5,442,059.00
Cost Per Lot
$14,936.00
$7,140.00
$22,076.00
Cost Per Lot
$5,130.00
$3,225.00
$8,355.00
$57,894.24
2/17/2009 Butsko Utility Design, Inc.
229
U-BUTSK0 74-130 Country Club Drive, Suite 102
UTILITY D ism, INC. Palm Desert, CA 92260 Date: 1/28/09
Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit B
Dry Utility Opinion Of Cost
Backbone Overall Estimate
client: City of La Quinta Project: La Quinta - Study
kddress: 78-495 Calle Tampico Area 5 - Highland Palms Residential
La Quinta, CA 92562
%ttn: Nick Nickerson
Telephone: (760) 346-7481 Type: Residential
=ax: - (760) 346-8315 _ Ci 1County: La Quinta, Riverside Co
Sample Area - Highland Palms Drive
Summary Estimated Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
III) Distribution - Commercial
0
Ft.
$55.00
$0.00
IID Distribution - Residential
3705
Ft.
$45.00
$166.725 00
IID Back Bone Footage
4025
Ft.
$85.00
$342,125.00
IID Overhead Removals
7520
Ft.
$50
00
$376,000 00
IID Service Conversion with UG Service
0
Ea
$950
00
$0 00
IID Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
Total
$884,860.00
Telephone
Telephone Conversion/Relocation
7730
Ft.
$50
00
$386,500.00
Telephone Service Conversion with UG Service
0
Ea
$950.00
$0.00
Telephone Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
ITCC Charges
0
Ea
33%
$127,545.00
Total
$514,046.00
CAN
CAN Conversion
7730
Ft.
$50.00
$386,500.00
CATV Service Conversion with UG Service
0
Ea
$950
00
$0 00
CATV Service Conversion with OH Service
0
Ea
$1,750.00
$0 00
Total
$386,500.00
Subtotal Utility Costs
$1,785,395.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
3705
Ft.
$105.00
$389,025 00
BB Trench, Backfill, Conduit, Semi Encasement
4025
Ea
$85
00
$342,125.00
Local Distribution Trench, Backfill, Conduit, No Encasement
1000
Ft.
$65
00
$65,000.00
Convert Service with existing UG Service
Ea
$1,800
00
$0.00
Convert Service with existing OH Service
Ea
$3,300.00
$0.00
Mainline Services
0
Ft.
$35.00
$0.00
Total
$796,150.00
Subtotal Contractor Costs
$796,160.00
Total Backbone Cost
$2,681,645.00
Total Number of Lots
94
Backbone Surcharge Per Lot
$27,463.24
230
,P BUTS K0 Date: 1128/2009
kA tmtrnr DESIGN' INC Exhibit B
Dry Utility Opinion Of Cost
Optional Items
Client:
City of La Quirlla
Project: La QUinla - Study
Address:
78-495 Calle Tampico
Area 5 - Highland Palms Residential
La Quinta, CA 92562
Backbone
Alin
Nick Nickerson
To,ephono:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
City/County: La Quinta. Riverside Co
Gas
Distribution Main
0
Ft.
$15.00
$0 00
Distribution Main/Bring - Up
0
Ft.
$17 00
$0.00
Gas Main Relocation
0
Ft.
$25.00
$0.00
Service Stubs
0
Ea
$150.00
$0.00
Joint Trench Credit
0
Ft.
($1.00)
$0.00
ITCC Charges
0
Ea.
35%
$0.00
Total
$0.00
Street Lights
Electroliers/Heads In -Tract 0 Ea. $1,700.00
Electroliers/Heads Backbone 9 Ea. $2,200.00
Meter Pedestal 10 Ea. $3,655.00
Total
$0.00
$20,377 50
$36,550 00
$66,927.50
231
,W BUTS K0 74-130 Country Club Drive, Suite 102
kAi ►] Palm Desert, CA 92260 Date: 1128109
Li'1'jLl'!Y DESIGN, INC, Palm
(760) 601-3390, Fax (760) 346-8518
Exhibit C
Dry Utility Opinion Of Cost
Residential Right of Way Estimate
Aient: City of La Quinta Project: La Quinta - Study
kddress: 78-495 Calle Tampico Area 5 - Highland Palms Residential
La Quinta, CA 92562
Mw Nick Nickerson
Telephone: (760) 346-7481 Type: Residential
=ax: (760) 346-8315 City/Count
y_ La Quinta, Riverside Co
Sample Area - Highland Palms Drive
Summary Estimatetl Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
IID Distribution - Commercial
200
Ft.
$55.00
$11,000.00
IID Distribution - Residential
1280
Ft
$45.00
$57,600.00
IID Back Bone Footage
200
Ft.
$85.00
$17,000.00
IID Overhead Removals
1280
Ft
$50.00
$64,000 00
IID Service Conversion with UG Service
0
Ea
$950 00
$0 00
IID Service Conversion with OH Service
0
Ea
$1,750 00
$0 00
Total
$149,600.00
Telephone
Telephone Conversion/Relocation
1280
Ft.
$50 00
$64,000.00
Telephone Service Conversion with UG Service
0
Ea
$950.00
$0.00
Telephone Service Conversion with OH Service
0
Ea
$1,750 00
$0.00
ITCC Charges
0
Ea
33%
$21,120.00
Total
$85,120.00
CAN
CAN Conversion
1280
Ft.
$50 00
$64,000.00
CAN Service Conversion with UG Service
0
Ea
$950.00
$0 00
CAN Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
Total
$64,000.00
Subtotal Utility Costs
$298,720.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
200
Ft.
$105.00
$21,000.00
BB Trench, Backfill, Conduit, Semi Encasement
1280
Ea
$85.00
$108,800 00
Local Distribution Trench, Backfill, Conduit, No Encasement
200
Ft.
$65 00
$13,000.00
Convert Service with existing UG Service
0
Ea
$1,600.00
$0 00
Convert Service with existing OH Service
0
Ea
$3,300 00
$0.00
Mainline Services
0
Ft
$35 00
$0.00
Total
$142,800.00
Subtotal Contractor Costs
$142,800.00
Total Right Of Way Cost
$441,520.00
Total Number of Lots
20
Right of Way Surcharge Per Lot
$22,070.00
232
PB UTSKOF
Exhibit C
Dry Utility Opinion Of Cost
Optional Items
Date: 1/2812009
Client: City of La Quinta Project: La Quinta - Study
Address: 78-495 Calle Tampico Area 5 - Highland Palms Residential
La Quinta, CA 92562 Right Of Way
Attn: Nick Nickerson
Telephone: (760) 346-7481 Type: Residential
Fax: (7130) 346-8315 Ci 1Coun : La Quinta, Riverside Co
Gas
Distribution Main
Distribution Main/Bring - Up
Gas Main Relocation
Service Stubs
Joint Trench Credit
ITCC Charges
Total
Street Lights
Electroliers/Heads In -Tract
Electroliers/Heads Backbone
Meter Pedestal
Total
0 Ft.
$15.00
$0.00
0 Ft.
$17.00
$0.00
0 Ft.
$25.00
$0.00
0 Ea
$150.00
$0 00
0 Ft.
($1.00)
$0.00
0 Ea
35%
$0.00
3 Ea $1,700.00
0 Ea $2,200.00
0 Ea $3,655.00
$0.00
$5,100.00
$0.00
$0.00
$5,100.00
233
,I BU"�(�� 74-130 Country Club Drive, Suite 102
iiAi ►7 Palm Desert, CA 92260 Date: 1128/09
UT[Li1Y DESIGN, INC Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit D
Dry Utility Opinion Of Cost
Residential Private Property Estimate
client: City of La Quinta Project: La Quinta - Study
4ddress: 78-495 Calle Tampico Area 5 - Highland Palms Residential
La Quinta, CA 92562
Mtn: Nick Nickerson
relephone-, (760) 346-7481 Type: Residential
Fax: (760) 346-8315 CitylCounty: La Quinta, Riverside Cc
Sample Area - Highland Palms Drive
Summary Estimated Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
IID Distribution - Commercial
0
Ft.
$55 00
$0 00
IID Distribution - Residential
0
Ft.
$45.00
$0 00
IID Back Bone Footage
0
Ft.
$85.00
$0.00
IID Overhead Removals
0
Ft.
$50.00
$0 00
IID Service Conversion with UG Service
1
Ea
$950.00
$950 00
IID Service Conversion with OH Service
19
Ea
$1,750.00
$33,250.00
Total
$34,200.00
Telephone
Telephone Conversion/Relocation
0
Ft
$50 00
$0.00
Telephone Service Conversion with UG Service
1
Ea
$950.00
$950.00
Telephone Service Conversion with OH Service
19
Ea.
$1,750 00
$33,250 00
ITCC Charges
0
Ea.
33%
$0.00
Total
$34,200.00
CAN
CAN Conversion
0
Ft.
$50.00
$0.00
CAN Service Conversion with UG Service
1
Ea
$950.00
$950 00
CAN Service Conversion with OH Service
19
Ea
$1,750 00
$33,250 00
Total
$34,200.00
Subtotal Utility Costs
$102,600.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
0
Ft.
$105.00
$0.00
BB Trench, Backfill, Conduit, Semi Encasement
0
Ea
$85 00
$0 00
Local Distribution Trench, Backfill, Conduit, No Encasement
0
Ft.
$65.00
$0.00
Convert Service with existing UG Service
1
Ea
$1,800.00
$1,800 00
Convert Service with existing OH Service
19
Ea
$3,300.00
$62,700.00
Mainline Services
0
Ft.
$35 00
$0.00
Total
$64,500.00
Subtotal Contractor Costs
$64,500.00
Total Private Propen Cost
$167,100.00
Total Number of Lots
20
Private Property Surcharge Per Lot
$8,365.00
234
UPBUISK0
Date: 1/2812009
Exhibit D
Dry Utility Opinion Of Cost
nai items
78-495 Calle Tampico Area 5 - Highland Palms Residential
La Quinta, CA 92562 Private Property
Nick Nickerson
(760) 346-7481 Type: Residential
(760) 346-8315 City/County: La Quinta, Riverside Co
Gas
Distribution Main
0
Ft.
$15 00
$0.00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0.00
Gas Main Relocation
0
Ft.
$26.00
$0.00
Service Stubs
0
Ea.
$150.00
$0.00
Joint Trench Credit
0
Ft.
($1.00)
$0.00
ITCC Charges
0
Ea.
35%
$0.00
Total
$0.00
Street Lights
Electroliers/Heads In -Tract
3
Ea
$1,700 00
$5,100 00
Electroliers/Heads Backbone
0
Ea.
$2,200.00
$0.00
Meter Pedestal
0
Ea.
$3,655.00
$0.00
Total
$5,100.00
235
Study Area 6 - Westward Ho: is residential and is bordered by Roudel Lane to the
west, Jefferson Street to the east, Westward Ho Drive to the north, and Cortez Lane
and Fiesta Drive to the south. Study Area 6 also includes the eastern side of Dune
Palms Road between Westward Ho Drive and the flood channel.
The utility's main overhead feeder systems run north and south along Dune Palms
Road and Roadrunner Lane. The utility's local distribution systems primarily run
along the rear property lines of the homes.
The Public Right of Way and Private Property cost estimates were based on a sample
study area of Fiesta Drive from Roadrunner Lane to Jefferson Street.
• The homes in this area are predominately served by underground services.
G The type of home and front and rear yard landscaping varies.
O Few vacant lots in this area.
• The residential lot frontage is greater than the Cove.
• The facilities along Fiesta Drive run along the lot frontages.
• 6 of the homes in this area are served by freestanding meters poles which
will require existing underground customer cable feeds will have to be
intercepted.
236
Exhibit A City Of La Quinta
Study Area 6
Area #6 Westward Ho
Sample Area
Fiesta Drive, from Roadrunner Lane to Jefferson Street
Description of Sample Area
Number of Lots in sample area: 28
Linear Footage: 1371
Description of existing utilties: The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are located along the front property line of the homes.
There are also existing overhead facilities on the street frontage of Dune Palms Drive.
Description of existing services: The existing utility services are underground/overhead from the overhead poles to the homes...
Description of new underground utilties: The new underground utiliies will be placed in a shared joint trench.
It is assumed that the utilities will install the new underground facilties in a shared joint trench in the existing streets
Estimate of Costs - Backbone (28 Homes) Total Cost Per Lot
Utility Costs $538,309.95 $19,225.36
Contractor Costs $220.597.83 $7,878.49
Sub -Total $758, 907.78 $27,103.85
Estimate of Costs - Right Of Way (28 Homes) Total
Utility Costs $344,716.50
Contractor Costs $132,535.00
Sub -Total $477,251.50
Estimate of Costs - Private Property (28 Homes) Total
Utility Costs $79,800.00
Contractor Costs $59,400.00
Sub -Total $139,200.00
Sample Area Total:
Sample Area Cost Per Lot:
$1,375,359.28
Cost Per Lot
$12,311.30
$4,733.39
$17,044.70
Cost Per Lot
$2,850.00
$2,121.43
$4,971.43
$49,119.97
2/17/2009 Butsko Utility Design, Inc.
237
Exhibit A City of La Quinta
Study Area 6
Area #6 Westward Ho
OVERALL ESTIMATE Area 6
Description of Area
Fiesta Drive, from Roadrunner Lane to Jefferson Street
Description of existing utilties: The existing overhead utilities include: Imperial Irrigation District (electric), Verizon (phone), Time Warner (cable TV).
The existing overhead facilities and poles are located along the rear property line and the front property lines of the homes.
There are also existing overhead facilities on the street frontage of Dune Palms Drive.
Description of existing services: The utility services are underground/overhead from the overhead poles to the homes...
Description of new underground utilties: The new underground utiliies will be placed in a shared joint trench.
It is assumed that the utilities will approve placement of their new underground facilties in the existing streets
Estimate of Costs - Backbone (83 Homes) Total Cost Per Lot
Utility Costs $1,595,704.50 $19,225.36
Contractor Costs $653,915.00 $7.878.49
Sub -Total $2,249,619.50 $27,103.85
Estimate of Costs - Right Of Way (83 Homes)
Utility Costs
Contractor Costs
Sub -Total
Total
$1,021,838.20
$392,871.61
$1,414,709.80
Estimate of Costs - Private Property (83 Homes) Total
Utility Costs $236,550.00
Contractor Costs $176.078.57
Sub -Total $412,628.57
Sample Area Total:
Sample Area Cost Per Lot:
$4,076,957.88
Cost Per Lot
$12.3t1.3G
$4,733.39
$17,044.70
Cost Per Lot
52.850.00
$2,121.43
$4,971.43
$49,119.97
2/17/2009 Butsko Utility Design, Inc.
238
rW BU i S �j 0 74-130 Country Club Drive, Suite 102
iAi �7�1 Palm Desert, CA 92260 Date: 1/28/09
i1 F[I.1�' aE51Gi�,1C, Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit B
Dry Utility Opinion Of Cost
Backbone Overall Estimate
;iient:
City of La Quinta
Project: La Quints - Study
%ddress:
78-495 Calle Tampico
Area 6 - Westward Ho
La Quints, CA 92562
kttn:
Nick Nickerson
Telephone:
(760) 346-7481
Type: Residential
-ax:
(760) 346-8315
CitylCounty: La Quints, Riverside Co
Sample Area - Fiesta Drive from Roadrunner Lane to Jefferson Street
Summary Estimated Costs:
Description
Electric
IID Distribution - Commercial
IID Distribution - Residential
IID Back Bone Footage
IID Overhead Removals
IID Service Conversion with UG Service
IID Service Conversion with OH Service
Total
Telephone
Telephone Conversion/Relocation
Telephone Service Conversion with UG Service
Telephone Service Conversion with OH Service
ITCC Charges
Total
CAN
CATV Conversion
CATV Service Conversion with UG Service
CAN Service Conversion with OH Service
Total
Subtotal Utility Costs
Quantity Unit Cost Per
0
Ft.
$55.00
4570
Ft.
$45.00
2033
Ft.
$85.00
8960
Ft.
$50.00
0
Ea.
$950.00
0
Ea.
$1,750.00
6603 Ft. $50 00
0 Ea. $950.00
0 Ea. $1,750.00
0 Ea. 33%
6603 Ft. $50.00
0 Ea. $950.00
0 Ea. $1,750 00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
2033
Ft.
$105.00
BB Trench, Backfill, Conduit, Semi Encasement
4570
Ea
$85.00
Local Distribution Trench, Backfill, Conduit, No Encasement
800
Ft.
$65.00
Convert Service with existing UG Service
Ea
$1,800.00
Convert Service with existing OH Service
Ea
$3,300.00
Mainline Services
0
Ft.
$35.00
Cost
$0, 00
$205,650.00
$172,805.00
$448,000.00
$0.00
$0 00
$826,455.00
$330,150 00
$0.00
$0.00
$108,949 50
$439,099.50
$330,150.00
$0 00
$0.00
$330,150.00
$1,696,704.60
$213,465.00
$388,450.00
$52,000.00
$0.00
$0.00
$0.00
Total $653.916.00
Subtotal Contractor Costs $663,915.00
Total Backbone Cost $2.249,619.50
Total Number of Lots 83
£iackbone Surcharge Per Lot $27,103.86
239
FI BUTS1111 Ll TV DE Ko
Exhibit B
Dry Utility Opinion Of Cost
Optional Items
Date: 1 /2812009
(Client:
City of La Quinta
Projoct: La Quinta - 5turly
Address:
78-495 Calle Tampico
Area 6 - Westward Ho
La Quinta, CA 92562
Backbone
Attn:
Nick Nickerson
Telephone-
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
CitylCounty: La Quinta, Riverside Co
Gas
Distribution Main
0
Ft.
$15.00
$0.00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0.00
Gas Main Relocation
0
Ft.
$25.00
$0.00
Service Stubs
0
Ea.
$150.00
$0.00
Joint Trench Credit
0
Ft.
($1.00)
$0.00
ITCC Charges
0
Ea.
35%
$0.00
Total
$0.00
Street Lights
Electroliers/Heads In -Tract
0
Ea
$1,700.00
$0 00
Electroliers/Heads Backbone
5
Ea
$2,200.00
$11,181.50
Meter Pedestal
10
Ea
$3,655.00
$36,550.00
Total
$47,731.60
240
FABUTSK0 74-130 Country Club Drive, Suite 102
■ WILr)Y DESIGN, INC. Palm Desert, CA 92260 Date: 1128109
Phone: (760) 601-3390, Fax (760) 346-8518
Exhibit C
Dry Utility Opinion Of Cost
Residential Right of Way Estimate
Client: City of La Quinta Project: La Quinta . Study
Address: 78-495 Calle Tampico Area 6 - Westward Ho
La Quinta, CA 92562
Mtn: Nick Nickerson
Telephone: (760) 346-7481 Type: Residential
Fax: (760) 346-8315 CIty[County: La Quinta, Riverside Co
Sample Area - Fiesta Drive from Roadrunner Lane to Jefferson Street
Summary Estimates! Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
IID Distribution - Commercial
0
Ft.
$55.00
$0.00
IID Distribution - Residential
571
Ft.
$45.00
$25,695 00
IID Back Bone Footage
800
Ft.
$85.00
$68,000.00
IID Overhead Removals
1826
Ft.
$50 00
$91,300 00
IID Service Conversion with UG Service
0
Ea
$950.00
$0.00
IID Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
Total
$184,995.00
Telephone
Telephone Conversion/Relocation
1371
Ft.
$50.00
$68,550.00
Telephone Service Conversion with UG Service
0
Ea.
$950.00
$0.00
Telephone Service Conversion with OH Service
0
Ea
$1,750 00
$0 00
ITCC Charges
0
Ea
33%
$22,621.50
Total
$91,171.50
CAN
CAN Conversion
1371
Ft.
$50 00
$68,550 00
CAN Service Conversion with UG Service
0
Ea.
$950.00
$0.00
CAN Service Conversion with OH Service
0
Ea.
$1,750.00
$0.00
Total
$68,550.00
Subtotal Utility Costs
$344,716.50
Contractor
BB Trench, Backfill, Conduit, Full Encasement
800
Ft.
$105.00
$84,000.00
BB Trench, Backfill, Conduit, Semi Encasement
571
Ea
$85.00
$48,536.00
Local Distribution Trench, Backfill, Conduit, No Encasement
0
Ft.
$65 00
$0.00
Convert Service with existing UG Service
0
Ea
$1,800.00
$0.00
Convert Service with existing OH Service
0
Ea
$3,300.00
$0 00
Mainline Services
0
Ft.
$35.00
$0 00
Total
$132,536.00
Subtotal Contractor Costs
$132,535.00
Total Right of Way Cost
$132,535.00
Total Number of Lots
28
Right of Way Surcharge Per Lot
$4,733.39
241
FVB1UTSHO
Exhibit C
Dry Utility Opinion Of Cost
Optional Items
Date: 1/28/2009
Client:
City of La Quinta
PrajeCt La Quinta - Study
Address:
78-495 Calle Tampico
Area 6 - Westward Ho
La Quinta, CA 92562
Right Of Way
Attn-.
Nick Nickerson
Telephone:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
CitylCounty. La Quinta, Riverside Co
Gas
Distribution Main
0
Ft.
$15.00
$0.00
Distribution Main/Bring - Up
0
Ft.
$17.00
$0 00
Gas Main Relocation
0
Ft.
$25.00
$0.00
Service Stubs
0
Ea
$150.00
$0 00
Joint Trench Credit
0
Ft.
($1.00)
$0 00
ITCC Charges
0
Ea
35%
$0.00
Total
$0.00
Street Lights
Electroliers/Heads In -Tract
3
Ea
$1,700.00
$5,100.00
Electroliers/Heads Backbone
0
Ea.
$2,200.00
$0.00
Meter Pedestal
0
Ea
$3,655.00
$0.00
Total
$5,100.00
242
B���(0 � 74-130 Country Club Drive, Suite 202
11. U iY DESIGN, Palm Desert, CA 92260 Date: 1/28/09
UITPhone: (760) 601-3390, Fax (760) 346-8518
Exhibit D
Dry Utility Opinion Of Cost
Residential Private Property Estimate
:lient:
City of La Quinta
Project: La Quinta - Study
Iddress:
78-495 Calle Tampico
Area 6 - Westward Ho
La Quinta, CA 92562
1ttn.
Nick Nickerson
"elephone:
(760) 346-7481
Type: Residential
°ax:
(76i7) 346 8315
Cit
yLCounN-. La Quinta. Riverside Co
Sample Area - Fiesta Drive from Roadrunner Lane to Jefferson Street
Summary Estimated Costs:
Description
Quantity
Unit
Cost Per
Cost
Electric
IID Distribution - Commercial
0
Ft.
$55 00
$0 00
IID Distribution - Residential
0
Ft.
$45.00
$0 00
IID Back Bone Footage
0
Ft.
$85.00
$0.00
IID Overhead Removals
0
Ft.
$50 00
$0.00
IID Service Conversion with UG Service
28
Ea
$950.00
$26,600 00
IID Service Conversion with OH Service
0
Ea
$1,750.00
$0 00
Total
$26,600.00
Telephone
Telephone Conversion/Relocation
0
Ft.
$50.00
$0.00
Telephone Service Conversion with UG Service
28
Ea
$950 00
$26,600.00
Telephone Service Conversion with OH Service
0
Ea
$1,750.00
$0.00
ITCC Charges
0
Ea
33%
$0.00
Total
$26,600.00
CATV
CATV Conversion
0
Ft.
$50.00
$0.00
CATV Service Conversion with UG Service
28
Ea.
$950.00
$26,600.00
CATV Service Conversion with OH Service
0
Ea.
$1,750.00
$0.00
Total
$26,600.00
Subtotal Utility Costs
$79,800.00
Contractor
BB Trench, Backfill, Conduit, Full Encasement
0
Ft.
$105.00
$0.00
BB Trench, Backfill, Conduit, Semi Encasement
0
Ea
$85 00
$0.00
Local Distribution Trench, Backfill, Conduit, No Encasement
0
Ft.
$65.00
$0.00
Convert Service with existing UG Service
22
Ea
$1,800.00
$39,600.00
Convert Service with existing UG - SPECIAL Service
6
Ea
$3,300.00
$19,800.00
Mainline Services
0
Ft.
$35 00
$0.00
Total
$69,400.00
Subtotal Contractor Costs
$59,400.00
Total Private Prope Cost
$139.200.00
Total Number of Lots
28
Private Property Surchar a Per Lot
$4,971.43
243
VABU SK0
Exhibit D
Dry Utility Opinion Of Cost
Optional Items
Date: 1/28/2009
Client:
City of La Quinta
Project: La Quinta - Study
Address:
78-495 Calle Tampico
Area 6 - Westward Ho
La Quinta, CA 92562
Private Property
Attn:
Nick Nickerson
Telephone:
(760) 346-7481
Type: Residential
Fax:
(760) 346-8315
City/County. La Quinta, Riverside Co
Gas
Distribution Main
Distribution Main/Bring - Up
Gas Main Relocation
Service Stubs
Joint Trench Credit
ITCC Charges
Total
Street Lights
Electroliers/Heads In -Tract
Electroliers/Heads Backbone
Meter Pedestal
Total
0 Ft.
$15 00
$0.00
0 Ft.
$17 00
$0.00
0 Ft.
$25 00
$0.00
0 Ea.
$150.00
$0.00
0 Ft.
($100)
$0.00
0 Ea.
35%
$0.00
$0.00
3 Ea.
$1,700 00
$5,100.00
0 Ea.
$2,200 00
$0.00
0 Ea.
$3,655 00
$0.00
$6,100.00
244
Definitions and Terminology:
III) Electric — These are the direct IID costs associated with this work. These costs
include the total installed cost of all cable, connections, and equipment associated
with the work.
IID Distribution (Local Distribution) - This is the cost associated with the cable to be
placed in the street in front of the homes from transformer to transformer.
IID Backbone (Backbone) - This is the cost associated with the cable to be placed
from the backbone system to the distribution system.
IID Overhead Removals - Identifies estimated costs associated with the removal of
IID's overhead cable and poles and associated facilities. These fees have been
shown as separate line item to show the costs that IID may participate in under
Regulation 20.
IID Service Conversion with Existing Underground (UG) Service- Cost associated
with reconnecting existing underground service to the new underground service.
IID Service Conversion with Existing Overhead (OH) Service - Cost associated with
connecting a new underground service to the new underground system.
Verizon Telephone - These are the direct utility costs associated with this work.
These costs include the total installed cost of all cable, connections, and equipment
associated with the work.
Telephone Conversion/Relocation - This is the cost associated with the cable to be
placed in the street in front of the homes from terminal to terminal.
Telephone Service Conversion with Existing UG Service - Cost associated with
reconnecting existing service to the new underground service.
Telephone Service Conversion with Existing OH Service - Cost associated with
connecting a new service to the new underground system.
Income Tax Component of Contribution (ITCC) Charges - The city should be able to
petition the utility so that this tax is waived. The tax is shown and should be
included in budget numbers until this is verified at time of design and construction.
245
CATV (Time Warner) - These are the direct utility costs associated with this work.
These costs include the total installed cost of all cable, connections, and equipment
associated with the work.
CATV Conversion/Relocation - This is the cost associated with converting the
existing overhead system to an underground system. This cost includes the
placement of the new cable and the removals.
CATV Service Conversion with Existing UG Service - Cost associated with
reconnecting existing service to the new underground service.
CATV Service Conversion with Existing OH Service - Cost associated with connecting
a new service to the new underground system.
Contractor - These costs are the costs the city would pay directly to a contractor to
install all substructures (ie trenching, surface restoration, conduit installation,
concrete substructures installations as required by each utility). These costs include:
traffic control, dust and erosion control, mobilization and based upon a prevailing
wage contract.
Optional items not included in standard cost estimate per the request of the City of La
Quinta:
Gas —These are the direct utility costs associated with this work. These costs include the fees
to the Southern California Gas Company for installation of its facilities. Southern California
Gas Company may grant allowances based on the estimated usage and revenue allowance
formulas.
Distribution Main (In -tract) - Cost to have the Southern California Gas Company install pipe in
a trench provided by the City. This cost is for the main distribution facilities in the street
fronting the houses.
Distribution Main/Bring Up (Backbone) - Cost to have the Southern California Gas Company
install pipe in a trench provided by the City. This cost would be for the facilities running
east/west from Avenida Bermudas to Avenida Montezuma.
Service Stubs - Cost for the number of gas service lateral stubs tapped in from the gas main.
Joint Trench Credit - If the City provides the gas trench Southern California Gas Company
grant a credit per foot for their share of the trench.
246
Street Lights —These are the estimated costs associated with placing the cable and the street
light for this work.
Electroliers/Heads in -tract - The number of lights is based on placing two lights along each
segment of the in -tract street and at intersections.
Electroliers/Heads Backbone - The number of lights is based on placing a light at the end of
each street and at intersections. This cost would be for the lights to be placed east/west from
Avenida Bermudas to Avenida Montezuma.
Meter Pedestal - Cost for the City's contractor to place a electric meter pedestal to power the
lights.
247
Section 5: Review of Rules, Regulations, and Franchise Agreements
Imperial Irrigation District (IID) - electric, Verizon- telephone, and Time Warner -
cable television each have different Rules, Regulations, and Franchise Agreements
which dictate how each respective utility participates in undergrounding project.
This section of the study will address the specifics of each utility's requirements.
Imperial Irrigation District's participate in City initiated undergrounding projects is
done in accordance with IID's Regulation 20A. A copy of IID's Regulation 20 is
included in this report at the end of this section. Regulation 20A general provisions
are:
• The city must submit the requested project to IID for consideration and
consultation.
• The city must hold public hearings and adopt an ordinance establish an
undergrounding district.
■ The undergrounding area should be an area extensively used by the public
with a heavy volume of pedestrian or vehicle traffic.
The undergrounding district must be a minimum of one block or 600 feet in
length.
IID's financial participation is based upon it annual operating budgets and
pre -determined allocations for underground projects. In the event there is
no available budget for an undergrounding project the city should be able to
at least qualify for a credit equal to an equivalent overhead system in
accordance with Section B.
Verizon's participate in City initiated undergrounding projects are done in
accordance with Verizon's General Exchange Tariff Section 2 is included in this
report at the end of this section. Section 2 general provisions are:
The city must submit the requested project to Verizon for consideration and
consultation.
The city must hold public hearings and adopt an ordinance establish an
undergrounding district.
• The undergrounding area should be an area extensively used by the public
with a heavy volume of pedestrian or vehicle traffic.
Verizon will underground its facilities at the time and to the extent that the
overhead electric distribution facilities are replace.
Verizon at its expense, will replace the existing overhead facilities with
underground along public streets, roads, or on private land with easements.
Time Warner's participate in City initiated undergrounding projects should be in
accordance with it's Franchise Agreement with the City. Typically the cable
television provider will participate financially in a similar manor as the incumbent
phone company. In reviewing Time Warner's current Franchise Agreement with the
City of La Quinta, no provisions for undergrounding were found. It is very likely that
Time Warner will cooperate with the City and also underground it facilities in
conjunction with the other utilities.
Recommendations:
Begin meeting with the utilities as early once it is determined if the City will
proceed with a project area.
® IID budget more than a year in advance on major infrastructure projects. It
will be important to work closely with IID very early in the planning process
and in order to negotiate a satisfactory participation level with IID.
IID has hinted that it will someday be discontinuing its Regulation 20A
financial participation. Shared IID funding may not be available at some time
in the future.
• Confirm with Time Warner they will participate financially in a manor
equivalent to Verizon.
• The City will need to solicit community input, hold public
workshops/hearings, and pass ordinances establishing the undergrounding
districts in each area.
A
REGULATION NO.20
ELECTRIC LINE CONVERSION
REPLACEMENT OF OVERHEAD WITH UNDERGROUND
DISTRIBUTION FACILITIES Q 5-KV OR LESS)
The District will, at its expense, replace its existing overhead distribution facilities with
underground distribution facilities along public streets and roads, provided that:
1. The governing body of the city or county in which such distribution facilities are and
will be located has:
a. Determined, after consultation with the District and after holding public
hearings on the subject, that such undergrounding is in the general public
interest for one or more of the following reasons:
Such undergrounding will avoid or eliminate an unusually heavy
concentration of overhead distribution facilities;
Said street or road or right-of-way is extensively used by the general public
and carries a heavy volume of pedestrian or vehicular traffic;
b. Adopted an ordinance creating an underground district in the area in which
both the existing and new facilities are and will be located requiring, among
other things (i) that all existing overhead communication and electric
distribution facilities in such district shall be removed, and (ii) that each
property owner served from such electric overhead distribution facilities
shall provide, in accordance with the District's regulations for underground
service, all electrical facility changes on his premises necessary to receive
service from the underground facilities of the District as soon as it is
available, and (iii) authorizing the District to discontinue its overhead
service.
2. The District's total annual budgeted amount for undergrounding within any city or
the unincorporated area of any county shall be allocated in the same ratio that the
number of customers in such city or unincorporated area bears to the total system
customers. The amounts so allocated may be exceeded where the District establishes
that additional participation on a project is warranted. Such allocated amounts may
be carried over for a reasonable and necessary period of time in communities with
active undergrounding programs. In order to qualify as a community with an active
undergrounding program the governing body must have adopted an ordinance or
ordinances creating underground district and/or districts as set forth in Section A. L
of this regulation. Where there is a carry-over, the District has the right to set, as
determined by its capability, reasonable limits on the rate of performance of the
work to be financed by the funds carried over. Where amounts are not expended or
50
250
REGULATION NO.20 - ELECTRIC LINE CONVERSION
REPLACEMENT OF OVERHEAD WITH UNDERGROUND
DISTRIBUTION FACILITIES (15-KV OR LESS (Continued)
carried over for the community to which they are initially allocated they shall be
assigned where additional participation on a project is warranted or be reallocated to
communities with active undergrounding programs.
3. The undergrounding extends for a minimum distance of one block or 600 feet,
whichever is the lesser.
B. In circumstances other than those covered by A.1. above, the District will replace its existing
overhead distribution facilities with underground distribution facilities along public streets
and roads or other locations mutually agreed upon when requested by an applicant or
applicants where all of the following conditions are met:
1. All property owners served from the overhead facilities to be removed first agree in
writing to perform the wiring changes on their premises so that service may be
furnished from the underground distribution system in accordance with the District's
regulations and that the District may discontinue its overhead service upon
completion of the underground facilities, or
2. Suitable legislation is in effect requiring such property owners to make such
necessary wiring changes and authorizing the District to discontinue its overhead
service.
3. The applicant has:
a. Furnished and installed the pads and vaults for transformers and associated
equipment, conduits, ducts, boxes, pole bases and performed other work
related to structures and substructures including breaking of pavement,
trenching, back -filling and repaving required in connection with the
installation of the underground system, all in accordance with the District's
specifications, or in lieu thereof, paid the District to do so;
b. Transferred ownership of such facilities, in good condition, to the District;
and
C. Paid a nonrefundable sum equal to the excess, if any, of the estimated costs,
exclusive of transformers, meters and services, of completing the
underground system and building a new equivalent overhead system.
4. The area to be underground included both sides of a street for at least one block or
600 feet, whichever is the lesser, and all existing overhead communication and
electric distribution facilities within the area will be removed.
5. In circumstances other than those covered by 1. or 2. above, where mutually agreed
upon by the District and an applicant, overhead distribution facilities may be re-
51
251
REGULATION NO.20 - ELECTRIC LINE CONVERSION
REPLACEMENT OF OVERHEAD WITH UNDERGROUND
DISTRIBUTION FACILITIES (15-KV OR LESS) (Continued)
placed with underground distribution facilities, provided the applicant requesting the
change pays, in advance, a nonrefundable sum equal to the estimated cost of the
underground facilities less the estimated net salvage value and depreciation of the
replaced overhead facilities. Underground services will be installed and maintained
as provided in District's regulations applicable thereto.
6. The term "underground distribution system" means an electric distribution system
(15-kV or less) with all wires installed underground, except those wires in surface
mounted equipment enclosures.
Passed and adopted September 6, 1988,
52
252
GTE WEST COAST INCORPORATED
Everett, Washington
RULES AND REGULATIONS
INTERRUPTIONS AND FAILURES OF SERVICE (Continued)
GENERAL EXCHANGE TARIFF
Section 2
Original Cal. P.U.C. Sheet No. 39
C. ERRORS IN TRANSMITTING, RECEIVING OR DELIVERING ORAL MESSAGES BY TELEPHONE
The Utility shall not be liable for errors in transmitting, receiving or delivering oral messages by telephone over the lines of the
Utility and oonnecting utilities.
D. LOSS ARISING FROM NONDELIVERY OF WRITTEN MESSAGES
The Utility shall be liable for loss or damage which may occur in the course of the employment of any messenger not to
exceed twenty times the charge for such messenger service, and shall be liable for loss or damage that may occur in the
transmission of any message over its lines not to exceed the amount received for sending same.
FACILITIES TO PROVIDE REPLACEMENT OF AERIAL WITH UNDERGROUND FACILITIES
A. IN AREAS AFFECTED BY GENERAL PUBLIC INTEREST
The Utility will, at its expense, replace its existing aerial facilities with underground facilities along public streets and roads, and
on public lands and private property across which rights -of --way satisfactory to the Utility have been obtained, or may be
obtained without cost or condemnation, by the Utility, provided that:
Advice Letter No. 408E
Decision No. 94-09-065
Issued By
Lida C. Tong, State Director
External Affairs
Date Filed APR 28,1997
Effective MAY 01,1997
Resolution No, T-16000
253
GTE WEST COAST INCORPORATED
Everett, Washington
RULES AND REGULATIONS
GENERAL EXCHANGE TARIFF
Section 2
Original Cal. P.U.C. Sheet No. 40
FACILITIES TO PROVIDE REPLACEMENT OF AERIAL WITH UNDERGROUND FACILITIES (Continued)
A. IN AREAS AFFECTED BY GENERAL PUBLIC INTEREST (Continued)
1. The governing body of the city or county in which such facilities are located has determined, after consultation with the
Utility and after holding public hearings on the subject, that undergrounding is in the general public interest in a specified
area for one or more of the following reasons:
o Such undergrounding will avoid or eliminate an unusually heavy concentration of aerial facilities;
o Said street, or road or right -of --way is in an area extensively used by the general public and carries a heavy volume
of pedestrian or vehicular traffic;
o Said street, road or right-of-way adjoins or passes through a civic area or public recreation area or an area of
unusual scenic interest to the general public.
2. The governing body adopted an ordinance creating an underground district in the area requiring, among other things,
o That all existing and future electric and communication distribution facilities will be placed underground, and
o That each property owner will provide and maintain the underground supporting structure needed on his property
to furnish service to him from the underground facilities of the Utility when such are available.
3. The Utility will replace its aerial facilities at the time and only to the extent that the overhead electric distribution facilities
are replaced.
Advice Letter No. 408E
Decision No. 94-09-065
Issued By
Lida C. Tong, State Director
External Affairs
Date Filed APR 28,1997
Effective MAY 01,1997
Resolution No. T-16000
254
GTE WEST COAST INCORPORATED GENERAL EXCHANGE TARIFF
Everett, Washington Section 2
Original Cal, P.U.C. Sheet No. 41
RULES AND REGULATIONS
FACILITIES TO PROVIDE REPLACEMENT OF AERIAL WITH UNDERGROUND FACILITIES (Continued)
B, AT THE REQUEST OF GOVERNMENTAL AGENCIES OR GROUPS OF APPLICANTS
In circumstances other than those covered by A. above, the Utility will replace its aerial facilities located in a specified area
with underground facilities along public streets and roads, and on public lands and private property across which rights -of -way
satisfactory to the Utility have been obtained, or may be obtained without cost or condemnation, by the Utility upon request by
a responsible party representing a governmental agency or group of applicants where all of the following conditions are met:
1 All property owners served by the aerial facilities to be replaced within a specific area designated by the governmental
agency or group of applicants first agree in writing, or are required by suitable legislation, to pay the cost or to provide
and to transfer ownership to the Utility, of the underground supporting structure along the public way and other utility
rights -of -way in the area, and
2. All property owners in the area are required by ordinance or other legislation, or all agree in writing, to provide and
maintain the underground supporting structure on their property, and
3. The area to be undergrounded includes both sides of a street for at least one block, and
4. Arrangements are made for the concurrent removal of all electric and communication aerial distribution facilities in the
area.
Advice Letter No. 408E
Decision No. 94-09-065
Issued By
Lida C. Tong, State Director
External Affairs
Date Filed APR 28, 1997
Effective MAY 01,1997
Resolution No. T-16000
255
GTE WEST COAST INCORPORATED GENERAL EXCHANGE TARIFF
Everett, Washington Section 2
Original Cal. P.U.C. Sheet No, 42
RULES AND REGULATIONS
FACILITIES TO PROVIDE REPLACEMENT OF AERIAL WITH UNDERGROUND FACILITIES (Continued)
C. AT THE REQUEST OF INDIVIDUAL APPLICANTS
In circumstances other than those covered by A, B, or C above, where mutually agreed upon by the Utility and an applicant,
aerial facilities may be replaced with underground facilities, provided the applicant requesting the change pays, in advance, a
nonrefundable sum equal to the estimated cost of construction less the estimated net salvage value of the replaced aerial
facilities.
D. AT UTILITY INITIATIVE
The Utility may, from time to time, replace sections of its aerial facilities with underground facilities at Utility expense for
structural design considerations or its operating convenience.
LINE EXTENSIONS, SERVICE CONNECTIONS AND FACILITIES ON PREMISES OF CUSTOMER
A. LINE EXTENSIONS AND SERVICE CONNECTIONS
1 General
a, Except as otherwise provided in these Rules, the Utility will, at its expense, construct, own and maintain all
facilities necessary to serve applicants in accordance with its rates, rules and current construction standards,
provided dedicated streets are available or acceptable easements can be obtained without charge or
condemnation.
b. Where an applicant requests a route or type of construction which is feasible but differs from that determined by
the utility, he will be required to pay the estimated additional cost involved.
Advice Letter No. 408E
Decision No. 94-09-066
Issued By
Lida C. Tong, State Director
External Affairs
Date Filed APR 28,1997
Effective MAY 01, 1997
Resolution No. T-16000
256
AGREEMENT RELATING TO THE CONSENT OF THE CITY A.
OF LA QUINTA, CALIFORNIA TO THE TRANSFER OF THE
FRANCHISE AGREEKENT HELD BY
MEDIA ONE ENTERPRISES, INC.
This Agreement (the "Transfer Agreement") is entered into
this 0_ day of July, 1999, between and among the City of La
Quinta, California (the "City"), and Media One Enterprises, Inc.,
(the "Transferor"), Summit Cable Services of Georgia, Inc., (the
"Transferee"), and TWI Cable Inc.(the "Guarantor").
WHEREAS, City Council entered into a Franchise Agreement
(the "Franchise") with a predecessor -in -interest of the
Transferor pursuant to the provisions of the La Quinta Municipal
Code (the "Ordinance") to operate a cable television system
within the City (the "System"); and
WHEREAS, the Transferor has filed a written application to
the City, (the "Application") wherein it has requested the
consent of the City to the assignment of the Franchise to the
Transferor (the "Transfer"); and
WHEREAS, it is the intent of the City to approve the
transaction whereby ownership and control of the Franchise and
the cable system (the "System") shall be held by the Transferee
and guaranteed by the Guarantor; and
WHEREAS, the City Council of the City has reviewed the
Transfer as well as all relevant documents, Staff Reports and
recommendations; and
WHEREAS, pursuant to the Ordinance, the Transfer is subject
to written consent of the City Council; and
WHEREAS, based upon the evidence presented to the City
124/013610-0004/3273421.3 wvdskte><ti".
257
Council, it has determined that it would be in the public
interest to conditionally approve the Transfer.
NOW, THEREFORE, it is agreed by and between the parties as
follows :
1. The City Council of the City hereby gives its consent
and approval to the Transfer as described herein.
2. The granting of this consent to the Transfer does not
render or waive the right of the City to approve any subsequent
change in the ownership of the Franchise or the ownership or
legal or operating control of the Transferee where required by
the Ordinance and there shall be no further material change,
amendment, or modification of the ownership or equity composition
of the Transferee which requires advance consent of the City
pursuant to the Ordinance without further written consent of the
City Council.
3. By executing this Transfer Agreement, the Transferee
agrees and acknowledges that (1) this Transfer Agreement and the
approving resolution is not a new franchise agreement, the
granting of a franchise, or the renewal of the existing
franchise, but rather is exclusively an agreement to transfer
control of the franchise and said Transfer Agreement neither
affects nor prejudices in any way the City's or Transferee's
rights under the Franchise; (2) under Section 625 of the Cable
Act, the term "commercially impracticable" means, with respect to
a cable operator, that it is commercially impracticable for the
operator to comply with such requirement as a result of a change
in conditions which is beyond the control of the operator and the
nonoccurrence of which was a basic assumption on which the
requirement was based. Transferee agrees that in judging whether
particular obligations are commercially impracticable, the
parties will not consider the economic burden of debt service and
124/QLS610-0004/3273421.3 a<d&t—<tLer> -2-
equity requirements incurred directly or indirectly to fund the
Transfer to the extent such debt service and equity exceeds the
debt service and equity requirements of the Transferor as they
existed prior to the Transfer.
4. By executing this Transfer Agreement, the Transferee
hereby accepts all the terms and conditions of the Franchise, the
Ordinance, that "Agreement relating to the Consent of the City of
La Quinta, California to the Transfer of Control of the Franchise
Agreement Granted to Providence Journal Company", dated as of
October 17, 1995, (the 111995 Transfer Agreement"), that
"Agreement Relating to the Consent of the City of La Quinta,
California to the Transfer of Control of the Franchise Agreement
Granted to Continental Cablevision, Inc., to U.S. West, Inc.",
approved as of August 6, 1996 (the 111996 Transfer Agreement"),
any lawful orders or directives of any administrative agency
relating to the Franchise or the System including, but not
limited to, the Federal Communications Commission (the
-''Commission") and.this Transfer Agreement (collectively, the
"Franchise Documents") and Transferee represents and warrants
that it has examined the requirements of the Franchise Documents
as well as the applicable federal, state, or local laws or
regulations, and agrees to abide by all the terms and conditions
thereof.
The Transferee agrees and acknowledges that it has found the
Franchise Documents specified herein to be legally sufficient,
enforceable, valid, and binding and accept the same without
condition or reservation. Transferee shall assume all rate
refund obligations and possessory interest tax refund liability,
if any, both actual and contingent, of the Transferor. The
Transferor agrees to cooperate and furnish relevant information
in relation to any audit and/or investigation relative to any
audit and/or investigation relative to breaches and/or defaults
accruing subsequent to the Transfer.
124/015G10-0004/3273421.3 a<data><Cim . — 3
i
To the extent that the Transferee or Guarantor, or any
related person or entity, challenges the validity or
interpretation of the Franchise Documents in the future in any
administrative proceeding or court of law, such a challenge shall
be subject to all defenses which would have been available to the
City had the Transferor, or any related person or entity, brought
said challenge(s) including, but not limited to, waiver,
estoppel, consent, unclean hands and accord and satisfaction, as
well as any and all defenses independently available to the
Transferee or Guarantor.
5. The parties expressly agree and acknowledge that
Paragraph 5 of the 1996 Transfer Agreement, and the terms and
conditions thereof, are applicable and binding upon, the
Transferee in relation to this Transfer for the period from the
Effective Date of this Transfer Agreement until the earlier of a
substantive modification of the Federal Communications
Commission's existing Cost -of -Service Regulations so that
Transfer Goodwill, or a portion thereof, is expressly provided as
being includable in the calculation of any Regulated Rate or the
Fifth Anniversary of the Effective Date of this Transfer
Agreement.
6. On or before the Effective Date, the Transferor, or its
designee, shall pay to the City up to the sum of Five Thousand
Dollars ($5,000.00), as invoiced by the City, which amount is
paid in, and only in, complete satisfaction and reimbursement of
all thin: -party costs incurred by the City in relation to the
Transfer (the "Payment"). In regard to said Payment, the parties
expressly agree and covenant as follows:
A. The Payment is within the exclusions from the term
"franchise fee" set forth in Section 622(g)(2) of the Cable Act
(47 U.S.C. §542(g)(2); and
124/015610-0004/3273421.3 a<d^te-<tiwA> - 4 -
260
B. The Payment shall not be deemed to be in the
nature of a tax, and shall be in addition to any and all taxes of
general applicability or other fees or charges which the
Transferor, the Transferee, or the Guarantor shall be required to
pay to the City or to any state or federal agency or authority;
and
C. Neither the Transferor, the Transferee nor the
Guarantor shall have or make any claim or any deduction or other
credit of all or any part of the amount of the Payment to be made
pursuant to the franchise from or against any City or other
governmental taxes of general applicability (including any such
tax, fee, or assessment imposed on both utilities and cable
operators or their services but not including a tax, fee, or
assessment which is duly discriminatory against cable operators
or cable subscribers or income taxes) or other fees or charges
which the Transferor, the Transferee, or the Guarantor is
_-required to pay to -the City or other governmental agency; and
D. Neither the Transferor, the Transferee, nor the
Guarantor shall apply or seek to apply all or any part of the
amount of the Payment to be made pursuant to this Transfer
Agreement as a deduction or other credit from or against any City
or other government taxes of general applicability (other than
income taxes) or other fees or charges; and
E. Neither the Transfer, the Transferee nor the
Guarantor'shall apply or seek to apply all or any part of the
amount of any City or other government taxes or other fees or
charges of general applicability (including any such tax, fee, or
assessment imposed on both utilities and cable operators or their
services) as a deduction or other credit from or against the
Payment to be made pursuant to this Transfer Agreement; and
124/015610-0004/3213421.3 ■<dateti", - 5 -
261
7. In regard to the Payment made to the City pursuant to
this Transfer Agreement, the Transferor, Transferee, Guarantor,
or any affiliate party will not pass through, externalize, or
otherwise attempt to add the costs of the Payment pursuant to
Paragraph 6 hereof, to any regulated rate.
8. Transferee represents that the letter of credit,
insurance and bonding required by the Franchise Documents have
been obtained, and that there will be no gaps in required
coverages or liabilities. Transferee will continue to maintain
the letter of credit and bonds that it was required to maintain
under the Franchise notwithstanding the Transfer.
9. Transferor and Transferee agree to defend, indemnify
and hold the City harmless against any loss, claim, damage,
liability or expense (including, without limitation, reasonable
attorney's fees) arising out of this Transfer Agreement and/or
incurred as a result of any representation or warranty made by
_ Transferor or Transferee herein or in the application or in
connection with the City's Review of the Transfer which proves to
be untrue or inaccurate in any material respect. In the event
the City receives any such notice of a loss, claim, damage,
liability or expense, the City shall promptly notify Transferor
and Transferee which shall, at the sole discretion of the City
assume sole and direct responsibility for defending against any
such loss, claim, damage, liability or expense.
10. This consent is not an affirmation that Transferor is
currently in compliance with the Franchi�.e Agreement. Any
consent given by the City in this Transfer Agreement and any
resolution approving this Transfer Agreement is not a finding
that, after the Transfer, Transferor or Transferee will be
financially, technically or legally qualified, and no inference
will be drawn, positively or negatively, as a result of the
absence of a finding on this issue. Any consent is therefore
124/015610-0004/3273421.3 ■<dat-�ctima> — 6 —
262
made without prejudice to, or waiver of, the City's right to
fully investigate and consider Transferor or Transferee's
financial, technical and legal qualifications and any other
relevant considerations during any proceeding including by way of
example and not limitation, any future transfer or renewal
proceeding. Without limiting the foregoing, any approval of the
Transfer is not a finding or representation that the Franchise
will be renewed or extended (and approval shall not create an
obligation to renew or extend the Franchise); that Transferor or
Transferee is "financially, technically or legally" qualified to
hold a franchise; or that any other renewal issue that may arise
with respect to past performance or future cable -related needs
and interests will be resolved in a manner favorable to
Transferor or Transferee. Unless provided for within this
Transfer Agreement, nothing in this Transfer Agreement shall
constitute a waiver of any of Transferor's, Transferee's,
Guarantor's, or City's rights or remedies under federal, state or
local law.
11. The Transferee and Guarantor expressly agree that any
litigation arising from or relating to the Franchise Documents
shall be filed and litigated exclusively in the Superior Court,
County of Riverside, State of California or, if jurisdictional
requirements are otherwise met, the Federal District Court for
the Central District, California. Transferee and Guarantor
hereby jointly accept service of process by way of service upon
the General Manager of the local office of the Transferee.
12. Guarantor hereby guarantees all of the obligations of
the Franchise Documents as a joint and several primary liable
party. Guarantor hereby waives any obligation which the City
might possess to exhaust its remedies against the Transferee as a
condition of enforcing obligations against the Guarantor pursuant
to the Franchise Documents.
124/015610-0004/3273421.3 acdata><tima> - % -
263
13. Any violation of this Transfer Agreement or any of the
terms contained in the Franchise Documents shall be deemed to be
a violation of the Franchise and the Ordinance.
14. Transferee shall maintain a local office, staffed by
live personnel which are employees of the Transferee, at which,
at a minimum, subscribers can pay bills, receive or exchange
equipment, and receive information within a six (6) mile radius
of the intersection of Washington Street and Highway 111.
15. In addition to the Payment and any other payment
required by this Transfer Agreement, Transferor shall reimburse
the City the actual costs of an independent franchise fee audit
for Fiscal Years 1995-1996 through 1998-1999 within thirty (30)
days of the submission of a City invoice if, and only if, the
audit concludes that the City has been underpaid franchise fees
by one percent (1%) or more, as provided by Section 5.10.230(C)
of the Ordinance. Transferor and Transferee shall cooperate with
the City's audit of franchise fees. The City shall reasonably
attempt to complete a final audit report (the "Audit Report") of
franchise fees owed by Transferor within ninety (90) days of the
Effective Date of this Agreement assuming that the Transferor
and/or Transferee expeditiously respond to the City's Information
Requests. If the Audit Report finds that Transferor owes the
City underpaid franchise fees under the Franchise, and the
difference between the amount paid and -the amount determined by
the City's audit is less than five percent (5%) of the amount
paid to the City, or if Transferor does not dispute the results
of the City's audit, then Transferor shall pay the City the
difference in the amount determined to be owed by the Audit
Report. This obligation is guaranteed by the Transferee. If the
Audit Report determines that the amount due and owing is more
than five percent (5%) greater than the amount paid to the City
and Transferor disputes the audit results, the dispute shall be
submitted to a mutually agreed upon, independent certified public
124/015610-0004/3273421.3 a<daca><t LMOI
264
accountant ("CPA") whose determination of amount of franchise
fees due shall be final and binding on the parties. The costs of
hiring the CPA shall be borne by Transferor. Any amounts
determined by the independent CPA to be owed to the City shall be
paid to the City within thirty (30) days of such determination.
16. Transferor represents and warrants that it has received
cash refunds from Riverside County relating to possessory
interest tax payments for tax years to (the "Tax
Years"). All, or a portion of these tax payments, were collected
from subscribers as line item surcharges on monthly cable bills.
Not later than four (4) months from the Effective Date,
Transferee agrees to provide a written accounting to the City of
the total amount collected from La Quinta subscribers for the Tax
Years (the "Subscriber Payments"), the amount of the total refund
received from Riverside County for the Tax Years (the "Total
Refund"), the amount of the Total Refund allocable to La Quinta
Subscribers on a pro rata subscriber basis (the "Gross La Quinta
Refund"), the amount of expenses allocable to La Quinta
Subscribers (the "Expense Allocation"), and the "Net Refund" due
La Quinta Subscribers, which is the Gross La Quinta Refund less
the Expense Allocation. The Expense Allocation shall not exceed
ten percent (10%) of the Gross La Quinta Refund. The Net Refund
shall be credited to current subscribers no later than six (6)
months from the Effective Date and written proof of said refund
shall be submitted to City no later than eight (8) months from
the Effective Date.
17. Transferee will provide interactive high speed cable
modem sezvices to buildings owned or controlled by the City at
most favorable commercial or governmental rate offered anywhere
in its San Diego Division systems by the Transferee, the
Guarantor, or any Affiliate thereof.
18. The City hereby gives the Transferee notice that the
Grant or transfer of the Franchise may create a taxable
124/015610-0004/3273421.3 a<data>ctime, - 9 -
n
possessory interest upon which the Transferee may be liable for
the payment of certain property taxes. The Transferee hereby
acknowledges that it has received actual notice as provided by
Revenue and Taxation Code Section 107.6
19. This Transfer Agreement shall be deemed effective upon
the closing of the Transfer (the "Effective Date").
20. This Transfer Agreement may be executed in any number
of counterparts, each of which shall be an original, but all of
which together shall constitute one instrument. The parties
agree that this Transfer Agreement will be considered signed when
the signature of a party if delivered by facsimile transmission.
Such facsimile signature shall be treated in all respects as
having the same effect as an original signature.
[SIGNATURE BLOCK NEXT PAGE]
124/01S610-0004/3273421.3 ■<date><time> — 10 -
266
ATTE T :
r
' y Clerk
APPROVED:
rd
1.W. �
w _ ,
NOW
lb,
i
CITY OF LA QUINTA, CALIFORNIA
(the "City")
By: � JpL
Its:
MWIA ONE ENTERPRISES, INC.
(the "Transferor")
By:
Its:
SIINNIT CABLE SERVICES OF
GEORGIA, INC.
(the "Transferee")
By:
Its:
TWI CABLE INC.
(the "Guarantor")
By:
124/015610-0004/3273421.3 &<date>ctie > — 1 1 —
Its:
267
JW -19-99 01.31pm From-RUTAN Z TUCKER CM,
ATTEST:
City Clerk
7APPROVED:
titan Tucker, LLP
Special Counsel
11u015610 MV327U21 3 a07r19199
-11-
7145469035 T-111 P.02/02 F-698
CITY OY La QUINT&, CALIFORNIA
(the °City")
By:
ts:
MIA ONE ENTERPRISES, INC.
(the "Transferor")
By:
SMINIT CABLE SRRVICES OF
GROSGIA, INC.
(tile "Transferee")
By:
Trs:
TNI CABLE INC.
(the "Guarantor")
By : --
TL8
07-19-99 13:31 RECEIVED FROM:7145469935 P-82
268
--07/19/99 MON 15:37 FAX 310 647 3036
07-19-99 15:15 City of La Auinta
MediaOne
ID-769 777 7161
0002
P.93
ATTEST:
ty Clerk
APPROVED:
Rutan & Tucker, LLP
Special Counsel
124/015i1a-0004,;t772421.3 aed.t—et111p+
CITY OF LA QUINTA, CALIFORNIA
(the "City")
By;
Its:
MEDIA ONE ENTERPRISES, INC_
(the "Transferor")
By.- 1( ~'
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SUMIT CABLE SERVICES OF
C3090IA, Me.
(the "Transferee")
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By.
Its:
TWI CABLE INC.
(the "Guarantor")
By:
Its:
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ATTACHMENT 2
AGREEMENT FOR CONTRACT SERVICES
THIS AGREEMENT FOR CONTRACT SERVICES (the "Agreement") is made
and entered into by and between the CITY OF LA QUINTA, ("City"), a California
municipal corporation, and NV5, Inc. ("Contracting Party"). The parties
hereto agree as follows:
1. SERVICES OF CONTRACTING PARTY.
1.1 Scope of Services. In compliance with all terms and conditions of
this Agreement, Contracting Party shall provide those services related La
Quinta Village Undergrounding Feasibility Study Update Project No. 2022-06,
as specified in the "Scope of Services" attached hereto as "Exhibit A" and
incorporated herein by this reference (the "Services"). Contracting Party
represents and warrants that Contracting Party is a provider of first-class work
and/or services and Contracting Party is experienced in performing the
Services contemplated herein and, in light of such status and experience,
Contracting Party covenants that it shall follow industry standards in
performing the Services required hereunder, and that all materials, if any, will
be of good quality, fit for the purpose intended. For purposes of this
Agreement, the phrase "industry standards" shall mean those standards of
practice recognized by one or more first-class firms performing similar
services under similar circumstances.
1.2 Compliance with Law. All Services rendered hereunder shall be
provided in accordance with all ordinances, resolutions, statutes, rules,
regulations, and laws of the City and any Federal, State, or local governmental
agency of competent jurisdiction.
1.3 Wage and Hour Compliance, Contracting Party shall comply with
applicable Federal, State, and local wage and hour laws.
1.4 Licenses, Permits, Fees and Assessments. Except as otherwise
specified herein, Contracting Party shall obtain at its sole cost and expense
such licenses, permits, and approvals as may be required by law for the
performance of the Services required by this Agreement, including a City of
La Quinta business license. Contracting Party and its employees, agents, and
subcontractors shall, at their sole cost and expense, keep in effect at all times
during the term of this Agreement any licenses, permits, and approvals that
are legally required for the performance of the Services required by this
Agreement. Contracting Party shall have the sole obligation to pay for any
fees, assessments, and taxes, plus applicable penalties and interest, which
may be imposed by law and arise from or are necessary for the performance
of the Services required by this Agreement, and shall indemnify, defend (with
counsel selected by City), and hold City, its elected officials, officers,
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employees, and agents, free and harmless against any such fees,
assessments, taxes, penalties, or interest levied, assessed, or imposed
against City hereunder. Contracting Party shall be responsible for all
subcontractors' compliance with this Section.
1.5 Familiarity with Work. By executing this Agreement, Contracting
Party warrants that (a) it has thoroughly investigated and considered the
Services to be performed, (b) it has investigated the site where the Services
are to be performed, if any, and fully acquainted itself with the conditions
there existing, (c) it has carefully considered how the Services should be
performed, and (d) it fully understands the facilities, difficulties, and
restrictions attending performance of the Services under this Agreement.
Should Contracting Party discover any latent or unknown conditions materially
differing from those inherent in the Services or as represented by City,
Contracting Party shall immediately inform City of such fact and shall not
proceed except at Contracting Party's risk until written instructions are
received from the Contract Officer, or assigned designee (as defined in
Section 4.2 hereof).
1.6 Standard of Care. Contracting Party acknowledges and
understands that the Services contracted for under this Agreement require
specialized skills and abilities and that, consistent with this understanding,
Contracting Party's work will be held to an industry standard of quality and
workmanship. Consistent with Section 1.5 hereinabove, Contracting Party
represents to City that it holds the necessary skills and abilities to satisfy the
industry standard of quality as set forth in this Agreement. Contracting Party
shall adopt reasonable methods during the life of this Agreement to furnish
continuous protection to the Services performed by Contracting Party, and the
equipment, materials, papers, and other components thereof to prevent losses
or damages, and shall be responsible for all such damages, to persons or
property, until acceptance of the Services by City, except such losses or
damages as may be caused by City's own negligence. The performance of
Services by Contracting Party shall not relieve Contracting Party from any
obligation to correct any incomplete, inaccurate, or defective work at no
further cost to City, when such inaccuracies are due to the negligence of
Contracting Party.
1.7 Additional Services. In accordance with the terms and conditions
of this Agreement, Contracting Party shall perform services in addition to
those specified in the Scope of Services ("Additional Services") only when
directed to do so by the Contract Officer, or assigned designee, provided
that Contracting Party shall not be required to perform any Additional Services
without compensation. Contracting Party shall not perform any Additional
Services until receiving prior written authorization (in the form of a written
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change order if Contracting Party is a contractor performing the Services) from
the Contract Officer, or assigned designee, incorporating therein any
adjustment in (i) the Contract Sum, and/or (ii) the time to perform this
Agreement, which said adjustments are subject to the written approval of
Contracting Party. It is expressly understood by Contracting Party that the
provisions of this Section shall not apply to the Services specifically set forth
in the Scope of Services or reasonably contemplated therein. It is specifically
understood and agreed that oral requests and/or approvals of Additional
Services shall be barred and are unenforceable. Failure of Contracting Party
to secure the Contract Officer's, or assigned designee's written authorization
for Additional Services shall constitute a waiver of any and all right to
adjustment of the Contract Sum or time to perform this Agreement, whether
by way of compensation, restitution, quantum meruit, or the like, for
Additional Services provided without the appropriate authorization from the
Contract Officer, or assigned designee. Compensation for properly
authorized Additional Services shall be made in accordance with Section 2.3
of this Agreement.
1.8 Special Requirements. Additional terms and conditions of this
Agreement, if any, which are made a part hereof are set forth in "Exhibit D"
(the "Special Requirements"), which is incorporated herein by this reference
and expressly made a part hereof. In the event of a conflict between the
provisions of the Special Requirements and any other provisions of this
Agreement, the provisions of the Special Requirements shall govern.
2. COMPENSATION.
2.1 Contract Sum. For the Services rendered pursuant to this
Agreement, Contracting Party shall be compensated in accordance with
"Exhibit B" (the "Schedule of Compensation") in a total amount not to exceed
One Hundred Twenty -Four Thousand Three Hundred and Fifteen Dollars
($124,315) (the "Contract Sum"), except as provided in Section 1.7. The
method of compensation set forth in the Schedule of Compensation may
include a lump sum payment upon completion, payment in accordance with
the percentage of completion of the Services, payment for time and materials
based upon Contracting Party's rate schedule, but not exceeding the Contract
Sum, or such other reasonable methods as may be specified in the Schedule
of Compensation. The Contract Sum shall include the attendance of
Contracting Party at all project meetings reasonably deemed necessary by
City; Contracting Party shall not be entitled to any additional compensation
for attending said meetings. Compensation may include reimbursement for
actual and necessary expenditures for reproduction costs, transportation
expense, telephone expense, and similar costs and expenses when and if
specified in the Schedule of Compensation. Regardless of the method of
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compensation set forth in the Schedule of Compensation, Contracting Party's
overall compensation shall not exceed the Contract Sum, except as provided
in Section 1.7 of this Agreement.
2.2 Method of Billing & Payment. Any month in which Contracting
Party wishes to receive payment, Contracting Party shall submit to City no
later than the tenth (10th) working day of such month, in the form approved
by City's Finance Director, an invoice for Services rendered prior to the date
of the invoice. Such invoice shall (1) describe in detail the Services provided,
including time and materials, and (2) specify each staff member who has
provided Services and the number of hours assigned to each such staff
member. Such invoice shall contain a certification by a principal member of
Contracting Party specifying that the payment requested is for Services
performed in accordance with the terms of this Agreement. Upon approval in
writing by the Contract Officer, or assigned designee, and subject to
retention pursuant to Section 8.3, City will pay Contracting Party for all items
stated thereon which are approved by City pursuant to this Agreement no
later than thirty (30) days after invoices are received by the City's Finance
Department.
2.3 Compensation for Additional Services. Additional Services
approved in advance by the Contract Officer, or assigned designee, pursuant
to Section 1.7 of this Agreement shall be paid for in an amount agreed to in
writing by both City and Contracting Party in advance of the Additional
Services being rendered by Contracting Party. Any compensation for
Additional Services amounting to five percent (5%) or less of the Contract
Sum may be approved by the Contract Officer, or assigned designee. Any
greater amount of compensation for Additional Services must be approved by
the La Quinta City Council, the City Manager, or Department Director,
depending upon City laws, regulations, rules and procedures concerning public
contracting. Under no circumstances shall Contracting Party receive
compensation for any Additional Services unless prior written approval for the
Additional Services is obtained from the Contract Officer, or assigned
designee, pursuant to Section 1.7 of this Agreement.
3. PERFORMANCE SCHEDULE.
3.1 Time of Essence. Time is of the essence in the performance of
this Agreement. If the Services not completed in accordance with the
Schedule of Performance, as set forth in Section 3.2 and "Exhibit C", it is
understood that the City will suffer damage.
3.2 Schedule of Performance. All Services rendered pursuant to this
Agreement shall be performed diligently and within the time period
established in "Exhibit C" (the "Schedule of Performance"). Extensions to the
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time period specified in the Schedule of Performance may be approved in
writing by the Contract Officer, or assigned designee.
3.3 Force Majeure. The time period specified in the Schedule of
Performance for performance of the Services rendered pursuant to this
Agreement shall be extended because of any delays due to unforeseeable
causes beyond the control and without the fault or negligence of Contracting
Party, including, but not restricted to, acts of God or of the public enemy,
fires, earthquakes, floods, epidemic, quarantine restrictions, riots, strikes,
freight embargoes, acts of any governmental agency other than City, and
unusually severe weather, if Contracting Party shall within ten (10) days of
the commencement of such delay notify the Contract Officer, or assigned
designee, in writing of the causes of the delay. The Contract Officer, or
assigned designee, shall ascertain the facts and the extent of delay, and
extend the time for performing the Services for the period of the forced delay
when and if in the Contract Officer's judgment such delay is justified, and the
Contract Officer's determination, or assigned designee, shall be final and
conclusive upon the parties to this Agreement. Extensions to time period in
the Schedule of Performance which are determined by the Contract Officer, or
assigned designee, to be justified pursuant to this Section shall not entitle
the Contracting Party to additional compensation in excess of the Contract
Sum.
3.4 Term. Unless earlier terminated in accordance with the provisions
in Article 8.0 of this Agreement, the term of this agreement shall commence
on December 21, 2022, and terminate on June 30, 2024 ("Initial Term"). This
Agreement may be extended for two (1) additional year upon mutual
agreement by both parties ("Extended Term"), and executed in writing.
4. COORDINATION OF WORK.
4.1 Representative of Contracting Party. The following principals of
Contracting Party ("Principals") are hereby designated as being the principals
and representatives of Contracting Party authorized to act in its behalf with
respect to the Services specified herein and make all decisions in connection
therewith:
(a) Jeffrey Cooper, P.E., Senior Vice President
Tel No. 858.531.6666
E-mail: jeff.cooper@nv5.com
(b) Gregg Butsko
Email: gregg.butsko@nv5.com
It is expressly understood that the experience, knowledge, capability,
and reputation of the foregoing Principals were a substantial inducement for
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City to enter into this Agreement. Therefore, the foregoing Principals shall be
responsible during the term of this Agreement for directing all activities of
Contracting Party and devoting sufficient time to personally supervise the
Services hereunder. For purposes of this Agreement, the foregoing Principals
may not be changed by Contracting Party and no other personnel may be
assigned to perform the Services required hereunder without the express
written approval of City.
4.2 Contract Officer. The "Contract Officer", otherwise known as
Bryan McKinney, Public Works Director/City Engineer, or assigned
designee may be designated in writing by the City Manager of the City. It
shall be Contracting Party's responsibility to assure that the Contract Officer,
or assigned designee, is kept informed of the progress of the performance
of the Services, and Contracting Party shall refer any decisions, that must be
made by City to the Contract Officer, or assigned designee. Unless
otherwise specified herein, any approval of City required hereunder shall mean
the approval of the Contract Officer, or assigned designee. The Contract
Officer, or assigned designee, shall have authority to sign all documents on
behalf of City required hereunder to carry out the terms of this Agreement.
4.3 Prohibition Against Subcontracting or Assignment. The
experience, knowledge, capability, and reputation of Contracting Party, its
principals, and its employees were a substantial inducement for City to enter
into this Agreement. Except as set forth in this Agreement, Contracting Party
shall not contract or subcontract with any other entity to perform in whole or
in part the Services required hereunder without the express written approval
of City. In addition, neither this Agreement nor any interest herein may be
transferred, assigned, conveyed, hypothecated, or encumbered, voluntarily or
by operation of law, without the prior written approval of City. Transfers
restricted hereunder shall include the transfer to any person or group of
persons acting in concert of more than twenty five percent (25%) of the
present ownership and/or control of Contracting Party, taking all transfers into
account on a cumulative basis. Any attempted or purported assignment or
contracting or subcontracting by Contracting Party without City's express
written approval shall be null, void, and of no effect. No approved transfer
shall release Contracting Party of any liability hereunder without the express
consent of City.
4.4 Independent Contractor. Neither City nor any of its employees
shall have any control over the manner, mode, or means by which Contracting
Party, its agents, or its employees, perform the Services required herein,
except as otherwise set forth herein. City shall have no voice in the selection,
discharge, supervision, or control of Contracting Party's employees, servants,
representatives, or agents, or in fixing their number or hours of service.
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Contracting Party shall perform all Services required herein as an independent
contractor of City and shall remain at all times as to City a wholly independent
contractor with only such obligations as are consistent with that role.
Contracting Party shall not at any time or in any manner represent that it or
any of its agents or employees are agents or employees of City. City shall not
in any way or for any purpose become or be deemed to be a partner of
Contracting Party in its business or otherwise or a joint venture or a member
of any joint enterprise with Contracting Party. Contracting Party shall have
no power to incur any debt, obligation, or liability on behalf of City.
Contracting Party shall not at any time or in any manner represent that it or
any of its agents or employees are agents or employees of City. Except for
the Contract Sum paid to Contracting Party as provided in this Agreement,
City shall not pay salaries, wages, or other compensation to Contracting Party
for performing the Services hereunder for City. City shall not be liable for
compensation or indemnification to Contracting Party for injury or sickness
arising out of performing the Services hereunder. Notwithstanding any other
City, state, or federal policy, rule, regulation, law, or ordinance to the
contrary, Contracting Party and any of its employees, agents, and
subcontractors providing services under this Agreement shall not qualify for
or become entitled to any compensation, benefit, or any incident of
employment by City, including but not limited to eligibility to enroll in the
California Public Employees Retirement System ("PERS") as an employee of
City and entitlement to any contribution to be paid by City for employer
contributions and/or employee contributions for PERS benefits. Contracting
Party agrees to pay all required taxes on amounts paid to Contracting Party
under this Agreement, and to indemnify and hold City harmless from any and
all taxes, assessments, penalties, and interest asserted against City by reason
of the independent contractor relationship created by this Agreement.
Contracting Party shall fully comply with the workers' compensation laws
regarding Contracting Party and Contracting Party's employees. Contracting
Party further agrees to indemnify and hold City harmless from any failure of
Contracting Party to comply with applicable workers' compensation laws. City
shall have the right to offset against the amount of any payment due to
Contracting Party under this Agreement any amount due to City from
Contracting Party as a result of Contracting Party's failure to promptly pay to
City any reimbursement or indemnification arising under this Section.
4.5 Identity of Persons Performing Work. Contracting Party
represents that it employs or will employ at its own expense all personnel
required for the satisfactory performance of any and all of the Services set
forth herein. Contracting Party represents that the Services required herein
will be performed by Contracting Party or under its direct supervision, and
that all personnel engaged in such work shall be fully qualified and shall be
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authorized and permitted under applicable State and local law to perform such
tasks and services.
4.6 City Cooperation. City shall provide Contracting Party with any
plans, publications, reports, statistics, records, or other data or information
pertinent to the Services to be performed hereunder which are reasonably
available to Contracting Party only from or through action by City.
5. INSURANCE.
5.1 Insurance. Prior to the beginning of any Services under this
Agreement and throughout the duration of the term of this Agreement,
Contracting Party shall procure and maintain, at its sole cost and expense,
and submit concurrently with its execution of this Agreement, policies of
insurance as set forth in "Exhibit E" (the "Insurance Requirements") which is
incorporated herein by this reference and expressly made a part hereof.
5.2 Proof of Insurance. Contracting Party shall provide Certificate of
Insurance to Agency along with all required endorsements. Certificate of
Insurance and endorsements must be approved by Agency's Risk Manager
prior to commencement of performance.
6. INDEMNIFICATION.
6.1 Indemnification. To the fullest extent permitted by law,
Contracting Party shall indemnify, protect, defend (with counsel selected by
City), and hold harmless City and any and all of its officers, employees,
agents, and volunteers as set forth in "Exhibit F" ("Indemnification") which is
incorporated herein by this reference and expressly made a part hereof.
7. RECORDS AND REPORTS.
7.1 Reports. Contracting Party shall periodically prepare and submit
to the Contract Officer, or assigned designee, such reports concerning
Contracting Party's performance of the Services required by this Agreement
as the Contract Officer, or assigned designee, shall require. Contracting
Party hereby acknowledges that City is greatly concerned about the cost of
the Services to be performed pursuant to this Agreement. For this reason,
Contracting Party agrees that if Contracting Party becomes aware of any facts,
circumstances, techniques, or events that may or will materially increase or
decrease the cost of the Services contemplated herein or, if Contracting Party
is providing design services, the cost of the project being designed,
Contracting Party shall promptly notify the Contract Officer, or assigned
designee, of said fact, circumstance, technique, or event and the estimated
increased or decreased cost related thereto and, if Contracting Party is
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providing design services, the estimated increased or decreased cost estimate
for the project being designed.
7.2 Records. Contracting Party shall keep, and require any
subcontractors to keep, such ledgers, books of accounts, invoices, vouchers,
canceled checks, reports (including but not limited to payroll reports), studies,
or other documents relating to the disbursements charged to City and the
Services performed hereunder (the "Books and Records"), as shall be
necessary to perform the Services required by this Agreement and enable the
Contract Officer, or assigned designee, to evaluate the performance of such
Services. Any and all such Books and Records shall be maintained in
accordance with generally accepted accounting principles and shall be
complete and detailed. The Contract Officer, or assigned designee, shall
have full and free access to such Books and Records at all times during normal
business hours of City, including the right to inspect, copy, audit, and make
records and transcripts from such Books and Records. Such Books and
Records shall be maintained for a period of three (3) years following
completion of the Services hereunder, and City shall have access to such
Books and Records in the event any audit is required. In the event of
dissolution of Contracting Party's business, custody of the Books and Records
may be given to City, and access shall be provided by Contracting Party's
successor in interest. Under California Government Code Section 8546.7, if
the amount of public funds expended under this Agreement exceeds Ten
Thousand Dollars ($10,000.00), this Agreement shall be subject to the
examination and audit of the State Auditor, at the request of City or as part
of any audit of City, for a period of three (3) years after final payment under
this Agreement.
7.3 Ownership of Documents. All drawings, specifications, maps,
designs, photographs, studies, surveys, data, notes, computer files, reports,
records, documents, and other materials plans, drawings, estimates, test
data, survey results, models, renderings, and other documents or works of
authorship fixed in any tangible medium of expression, including but not
limited to, physical drawings, digital renderings, or data stored digitally,
magnetically, or in any other medium prepared or caused to be prepared by
Contracting Party, its employees, subcontractors, and agents in the
performance of this Agreement (the "Documents and Materials") shall be the
property of City and shall be delivered to City upon request of the Contract
Officer, or assigned designee, or upon the expiration or termination of this
Agreement, and Contracting Party shall have no claim for further employment
or additional compensation as a result of the exercise by City of its full rights
of ownership use, reuse, or assignment of the Documents and Materials
hereunder. Any use, reuse or assignment of such completed Documents and
Materials for other projects and/or use of uncompleted documents without
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specific written authorization by Contracting Party will be at City's sole risk
and without liability to Contracting Party, and Contracting Party's guarantee
and warranties shall not extend to such use, revise, or assignment.
Contracting Party may retain copies of such Documents and Materials for its
own use. Contracting Party shall have an unrestricted right to use the
concepts embodied therein. All subcontractors shall provide for assignment
to City of any Documents and Materials prepared by them, and in the event
Contracting Party fails to secure such assignment, Contracting Party shall
indemnify City for all damages resulting therefrom.
7.4 In the event City or any person, firm, or corporation authorized
by City reuses said Documents and Materials without written verification or
adaptation by Contracting Party for the specific purpose intended and causes
to be made or makes any changes or alterations in said Documents and
Materials, City hereby releases, discharges, and exonerates Contracting Party
from liability resulting from said change. The provisions of this clause shall
survive the termination or expiration of this Agreement and shall thereafter
remain in full force and effect.
7.5 Licensing of Intellectual Property. This Agreement creates a non-
exclusive and perpetual license for City to copy, use, modify, reuse, or
sublicense any and all copyrights, designs, rights of reproduction, and other
intellectual property embodied in the Documents and Materials. Contracting
Party shall require all subcontractors, if any, to agree in writing that City is
granted a non-exclusive and perpetual license for the Documents and
Materials the subcontractor prepares under this Agreement. Contracting Party
represents and warrants that Contracting Party has the legal right to license
any and all of the Documents and Materials. Contracting Party makes no such
representation and warranty in regard to the Documents and Materials which
were prepared by design professionals other than Contracting Party or
provided to Contracting Party by City. City shall not be limited in any way in
its use of the Documents and Materials at any time, provided that any such
use not within the purposes intended by this Agreement shall be at City's sole
risk.
7.6 Release of Documents. The Documents and Materials shall not be
released publicly without the prior written approval of the Contract Officer, or
assigned designee, or as required by law. Contracting Party shall not
disclose to any other entity or person any information regarding the activities
of City, except as required by law or as authorized by City.
7.7 Confidential or Personal Identifying Information. Contracting
Party covenants that all City data, data lists, trade secrets, documents with
personal identifying information, documents that are not public records, draft
documents, discussion notes, or other information, if any, developed or
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received by Contracting Party or provided for performance of this Agreement
are deemed confidential and shall not be disclosed by Contracting Party to any
person or entity without prior written authorization by City or unless required
by law. City shall grant authorization for disclosure if required by any lawful
administrative or legal proceeding, court order, or similar directive with the
force of law. All City data, data lists, trade secrets, documents with personal
identifying information, documents that are not public records, draft
documents, discussions, or other information shall be returned to City upon
the termination or expiration of this Agreement. Contracting Party's covenant
under this section shall survive the termination or expiration of this
Agreement.
8. ENFORCEMENT OF AGREEMENT.
8.1 California Law. This Agreement shall be interpreted, construed,
and governed both as to validity and to performance of the parties in
accordance with the laws of the State of California. Legal actions concerning
any dispute, claim, or matter arising out of or in relation to this Agreement
shall be instituted in the Superior Court of the County of Riverside, State of
California, or any other appropriate court in such county, and Contracting
Party covenants and agrees to submit to the personal jurisdiction of such court
in the event of such action.
8.2 Disputes. In the event of any dispute arising under this
Agreement, the injured party shall notify the injuring party in writing of its
contentions by submitting a claim therefore. The injured party shall continue
performing its obligations hereunder so long as the injuring party commences
to cure such default within ten (10) days of service of such notice and
completes the cure of such default within forty-five (45) days after service of
the notice, or such longer period as may be permitted by the Contract Officer,
or assigned designee; provided that if the default is an immediate danger to
the health, safety, or general welfare, City may take such immediate action
as City deems warranted. Compliance with the provisions of this Section shall
be a condition precedent to termination of this Agreement for cause and to
any legal action, and such compliance shall not be a waiver of any party's right
to take legal action in the event that the dispute is not cured, provided that
nothing herein shall limit City's right to terminate this Agreement without
cause pursuant to this Article 8.0. During the period of time that Contracting
Party is in default, City shall hold all invoices and shall, when the default is
cured, proceed with payment on the invoices. In the alternative, City may, in
its sole discretion, elect to pay some or all of the outstanding invoices during
any period of default.
8.3 Retention of Funds. City may withhold from any monies payable
to Contracting Party sufficient funds to compensate City for any losses, costs,
liabilities, or damages it reasonably believes were suffered by City due to the
default of Contracting Party in the performance of the Services required by
this Agreement.
8.4 Waiver. No delay or omission in the exercise of any right or
remedy of a non -defaulting party on any default shall impair such right or
remedy or be construed as a waiver. City's consent or approval of any act by
Contracting Party requiring City's consent or approval shall not be deemed to
waive or render unnecessary City's consent to or approval of any subsequent
act of Contracting Party. Any waiver by either party of any default must be in
writing and shall not be a waiver of any other default concerning the same or
any other provision of this Agreement.
8.5 Rights and Remedies are Cumulative. Except with respect to
rights and remedies expressly declared to be exclusive in this Agreement, the
rights and remedies of the parties are cumulative and the exercise by either
party of one or more of such rights or remedies shall not preclude the exercise
by it, at the same or different times, of any other rights or remedies for the
same default or any other default by the other party.
8.6 Legal Action. In addition to any other rights or remedies, either
party may take legal action, at law or at equity, to cure, correct, or remedy
any default, to recover damages for any default, to compel specific
performance of this Agreement, to obtain declaratory or injunctive relief, or
to obtain any other remedy consistent with the purposes of this Agreement.
8.7 Termination Prior To Expiration of Term. This Section shall govern
any termination of this Agreement, except as specifically provided in the
following Section for termination for cause. City reserves the right to
terminate this Agreement at any time, with or without cause, upon thirty
(30) days' written notice to Contracting Party. Upon receipt of any notice of
termination, Contracting Party shall immediately cease all Services hereunder
except such as may be specifically approved by the Contract Officer, or
assigned designee. Contracting Party shall be entitled to compensation for
all Services rendered prior to receipt of the notice of termination and for any
Services authorized by the Contract Officer, or assigned designee, thereafter
in accordance with the Schedule of Compensation or such as may be approved
by the Contract Officer, or assigned designee, except amounts held as a
retention pursuant to this Agreement.
8.8 Termination for Default of Contracting Party. If termination is due
to the failure of Contracting Party to fulfill its obligations under this Agreement,
Contracting Party shall vacate any City -owned property which Contracting
Party is permitted to occupy hereunder and City may, after compliance with
the provisions of Section 8.2, take over the Services and prosecute the same
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to completion by contract or otherwise, and Contracting Party shall be liable
to the extent that the total cost for completion of the Services required
hereunder exceeds the compensation herein stipulated (provided that City
shall use reasonable efforts to mitigate such damages), and City may withhold
any payments to Contracting Party for the purpose of setoff or partial payment
of the amounts owed City.
8.9 Attorneys' Fees. If either party to this Agreement is required to
initiate or defend or made a party to any action or proceeding in any way
connected with this Agreement, the prevailing party in such action or
proceeding, in addition to any other relief which may be granted, whether
legal or equitable, shall be entitled to reasonable attorneys' fees; provided,
however, that the attorneys' fees awarded pursuant to this Section shall not
exceed the hourly rate paid by City for legal services multiplied by the
reasonable number of hours spent by the prevailing party in the conduct of
the litigation. Attorneys' fees shall include attorneys' fees on any appeal, and
in addition a party entitled to attorneys' fees shall be entitled to all other
reasonable costs for investigating such action, taking depositions and
discovery, and all other necessary costs the court allows which are incurred in
such litigation. All such fees shall be deemed to have accrued on
commencement of such action and shall be enforceable whether or not such
action is prosecuted to judgment. The court may set such fees in the same
action or in a separate action brought for that purpose.
9. CITY OFFICERS AND EMPLOYEES; NONDISCRIMINATION.
9.1 Non -liability of City Officers and Employees. No officer, official,
employee, agent, representative, or volunteer of City shall be personally liable
to Contracting Party, or any successor in interest, in the event or any default
or breach by City or for any amount which may become due to Contracting
Party or to its successor, or for breach of any obligation of the terms of this
Agreement.
9.2 Conflict of Interest. Contracting Party covenants that neither it,
nor any officer or principal of it, has or shall acquire any interest, directly or
indirectly, which would conflict in any manner with the interests of City or
which would in any way hinder Contracting Party's performance of the
Services under this Agreement. Contracting Party further covenants that in
the performance of this Agreement, no person having any such interest shall
be employed by it as an officer, employee, agent, or subcontractor without
the express written consent of the Contract Officer, or assigned designee.
Contracting Party agrees to at all times avoid conflicts of interest or the
appearance of any conflicts of interest with the interests of City in the
performance of this Agreement.
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No officer or employee of City shall have any financial interest, direct
or indirect, in this Agreement nor shall any such officer or employee
participate in any decision relating to this Agreement which effects his financial
interest or the financial interest of any corporation, partnership or association
in which he is, directly or indirectly, interested, in violation of any State statute
or regulation. Contracting Party warrants that it has not paid or given and will
not pay or give any third party any money or other consideration for obtaining
this Agreement.
9.3 Covenant against Discrimination. Contracting Party covenants
that, by and for itself, its heirs, executors, assigns, and all persons claiming
under or through them, that there shall be no discrimination against or
segregation of, any person or group of persons on account of any
impermissible classification including, but not limited to, race, color, creed,
religion, sex, marital status, sexual orientation, national origin, or ancestry in
the performance of this Agreement. Contracting Party shall take affirmative
action to ensure that applicants are employed and that employees are treated
during employment without regard to their race, color, creed, religion, sex,
marital status, sexual orientation, national origin, or ancestry.
10. MISCELLANEOUS PROVISIONS.
10.1 Notice. Any notice, demand, request, consent, approval, or
communication either party desires or is required to give the other party or
any other person shall be in writing and either served personally or sent by
prepaid, first-class mail to the address set forth below. Either party may
change its address by notifying the other party of the change of address in
writing. Notice shall be deemed communicated forty-eight (48) hours from
the time of mailing if mailed as provided in this Section.
To City:
CITY OF LA QUINTA
Attention: Bryan McKinney
78495 Calle Tampico
La Quinta, California 92253
To Contracting Party:
NV5, Inc.
Jeff Cooper, P.E., Senior Vice
President
163 Technology Drive, Suite 100,
Irvine, California 92618
10.2 Interpretation. The terms of this Agreement shall be construed in
accordance with the meaning of the language used and shall not be construed
for or against either party by reason of the authorship of this Agreement or
any other rule of construction which might otherwise apply.
10.3 Section Headings and Subheadings. The section headings and
subheadings contained in this Agreement are included for convenience only
and shall not limit or otherwise affect the terms of this Agreement.
-14- 284
10.4 Counterparts. This Agreement may be executed in counterparts,
each of which shall be deemed to be an original, and such counterparts shall
constitute one and the same instrument.
10.5 Integrated Agreement. This Agreement including the exhibits
hereto is the entire, complete, and exclusive expression of the understanding
of the parties. It is understood that there are no oral agreements between
the parties hereto affecting this Agreement and this Agreement supersedes
and cancels any and all previous negotiations, arrangements, agreements,
and understandings, if any, between the parties, and none shall be used to
interpret this Agreement.
10.6 Amendment. No amendment to or modification of this Agreement
shall be valid unless made in writing and approved by Contracting Party and
by the City Council of City. The parties agree that this requirement for written
modifications cannot be waived and that any attempted waiver shall be void.
10.7 Severability. In the event that any one or more of the articles,
phrases, sentences, clauses, paragraphs, or sections contained in this
Agreement shall be declared invalid or unenforceable, such invalidity or
unenforceability shall not affect any of the remaining articles, phrases,
sentences, clauses, paragraphs, or sections of this Agreement which are
hereby declared as severable and shall be interpreted to carry out the intent
of the parties hereunder unless the invalid provision is so material that its
invalidity deprives either party of the basic benefit of their bargain or renders
this Agreement meaningless.
10.8 Unfair Business Practices Claims. In entering into this Agreement,
Contracting Party offers and agrees to assign to City all rights, title, and
interest in and to all causes of action it may have under Section 4 of the
Clayton Act (15 U.S.C. § 15) or under the Cartwright Act (Chapter 2,
(commencing with Section 16700) of Part 2 of Division 7 of the Business and
Professions Code), arising from purchases of goods, services, or materials
related to this Agreement. This assignment shall be made and become
effective at the time City renders final payment to Contracting Party without
further acknowledgment of the parties.
10.9 No Third -Party Beneficiaries. With the exception of the specific
provisions set forth in this Agreement, there are no intended third -party
beneficiaries under this Agreement and no such other third parties shall have
any rights or obligations hereunder.
10.10Authority. The persons executing this Agreement on behalf of
each of the parties hereto represent and warrant that (i) such party is duly
organized and existing, (ii) they are duly authorized to execute and deliver
-15- 285
this Agreement on behalf of said party, (iii) by so executing this Agreement,
such party is formally bound to the provisions of this Agreement, and (iv) that
entering into this Agreement does not violate any provision of any other
Agreement to which said party is bound. This Agreement shall be binding
upon the heirs, executors, administrators, successors, and assigns of the
parties.
[SIGNATURES ON FOLLOWING PAGE]
-16- 286
IN WITNESS WHEREOF, the parties have executed this Agreement as of
the dates stated below.
CITY OF LA QUINTA, CONTRACTING PARTY:
a California Municipal Corporation
Bv:
Name: Jeffrey M. Cooper, P.E.
Title: Senior Vice President
JON McMILLEN, City Manager
City of La Quinta, California
Dated:
ATTEST:
MONIKA RADEVA, City Clerk
City of La Quinta, California
APPROVED AS TO FORM:
WILLIAM H. IHRKE, City Attorney
City of La Quinta, California
EXHIBIT A
Scope of Services
1. Current Planning Level Dry Utility Cost Estimate Update
NV5 will provide a comprehensive review, analysis and update to the previous
undergrounding feasibility study to include planning level cost estimates to underground
the existing overhead distribution system in the six (6) locations identified.
NV5's cost estimate will include the average cost per property for reconnection, plus cost
components or factors that cause individual property costs to fluctuate from the average
cost, in addition to the cost for improvements in the public right-of-way.
Cost estimates will include all costs associated with converting all overhead utility lines
(i.e. electric, telephone, and cable television) to underground systems.
Deliverable: Updated dry utility cost estimate.
2. Phasing Plan — Area 2
NV5 will prepare a recommended phasing plan for Area No. 2 for the proposed conversion
of overhead utility lines to underground facilities. This will be based upon the existing
field conditions and the utility company system's direction of feed in their mainline
systems and building/ home services.
Deliverable: Updated utility phasing map based upon the City's desired/priority phasing
and utility company direction of feed.
3. Identify Special Construction Practices
NV5 will identify any special construction standards or practices that would be required,
in addition to any additional right-of-way/easements that might be necessary.
Deliverable: Narrative of utility company and industry probable design and construction
methodologies.
4. City Council Sessions / Findings
NV5 will prepare and present our findings and the proposed conversion phasing plan at
one (1) City Council Study Session.
5. Stakeholder Meetings
NV5 will conduct stakeholder meetings with Imperial Irrigation District (IID) and any
other necessary utility companies and/or business stakeholders.
6. Project Development Team Meetings
NV5 will participate in monthly Project Development Team (PDT) Meetings with all
stakeholders.
7. Project Management
NV5 will provide project management of tasks 1-6.
8. Optional Services
8a. Financial Options, 8b. Financial Options Project Management, 8c. Financial Options
City Council Session: Financing options will be prepared for undergrounding the existing
overhead utilities in the City. Cost estimates will be utilized from Task 1. The 6 areas of
the study will be addressed with specific financial options. Preliminary cost estimates per
area for average parcels will be provided for 20B projects. Any 20A and/or 20C areas will
be addressed as well. A separate "Financial Options" City Council session will be
conducted.
Exhibit A
Page 1 of 5
289
Deliverable: Report with financial options for the undergrounding of overhead utilities in
the City.
ADDENDUM TO AGREEMENT
Re: Scope of Services
If the Scope of Services include construction, alteration, demolition,
installation, repair, or maintenance affecting real property or structures or
improvements of any kind appurtenant to real property, the following apply:
1. Prevailing Wage Compliance. If Contracting Party is a contractor
performing public works and maintenance projects, as described in this
Section 1.3, Contracting Party shall comply with applicable Federal, State, and
local laws. Contracting Party is aware of the requirements of California Labor
Code Sections 1720, et seq., and 1770, et seq., as well as California Code of
Regulations, Title 8, Sections 16000, et seq., (collectively, the "Prevailing
Wage Laws"), and La Quinta Municipal Code Section 3.12.040, which require
the payment of prevailing wage rates and the performance of other
requirements on "Public works" and "Maintenance" projects. If the Services
are being performed as part of an applicable "Public works" or "Maintenance"
project, as defined by the Prevailing Wage Laws, and if construction work over
twenty-five thousand dollars ($25,000.00) and/or alterations, demolition,
repair or maintenance work over fifteen thousand dollars ($15,000.00) is
entered into or extended on or after January 1, 2015 by this Agreement,
Contracting Party agrees to fully comply with such Prevailing Wage Laws
including, but not limited to, requirements related to the maintenance of
payroll records and the employment of apprentices. Pursuant to California
Labor Code Section 1725.5. no contractor or subcontractor may be awarded
a contract for public work on a "Public works" project unless registered with
the California Department of Industrial Relations ("DIR") at the time the
contract is awarded. If the Services are being performed as part of an
applicable "Public works" or "Maintenance" project, as defined by the
Prevailing Wage Laws, this project is subject to compliance monitoring and
enforcement by the DIR. Contracting Party will maintain and will require all
subcontractors to maintain valid and current DIR Public Works contractor
registration during the term of this Agreement. Contracting Party shall notify
City in writing immediately, and in no case more than twenty-four (24) hours,
after receiving any information that Contracting Party's or any of its
subcontractor's DIR registration status has been suspended, revoked, expired,
or otherwise changed. It is understood that it is the responsibility of
Contracting Party to determine the correct salary scale. Contracting Party
shall make copies of the prevailing rates of per diem wages for each craft,
classification, or type of worker needed to execute the Services available to
Exhibit A
Page 2of5
290
interested parties upon request, and shall post copies at Contracting Party's
principal place of business and at the project site, if any. The statutory
penalties for failure to pay prevailing wage or to comply with State wage and
hour laws will be enforced. Contracting Party must forfeit to City TWENTY-
FIVE DOLLARS ($25.00) per day for each worker who works in excess of the
minimum working hours when Contracting Party does not pay overtime. In
accordance with the provisions of Labor Code Sections 1810 et seq., eight
(8) hours is the legal working day. Contracting Party also shall comply with
State law requirements to maintain payroll records and shall provide for
certified records and inspection of records as required by California Labor Code
Section 1770 et seq., including Section 1776. In addition to the other
indemnities provided under this Agreement, Contracting Party shall defend
(with counsel selected by City), indemnify, and hold City, its elected officials,
officers, employees, and agents free and harmless from any claim or liability
arising out of any failure or alleged failure to comply with the Prevailing Wage
Laws. It is agreed by the parties that, in connection with performance of the
Services, including, without limitation, any and all `Public works" (as defined
by the Prevailing Wage Laws), Contracting Party shall bear all risks of payment
or non-payment of prevailing wages under California law and/or the
implementation of Labor Code Section 1781, as the same may be amended
from time to time, and/or any other similar law. Contracting Party
acknowledges and agrees that it shall be independently responsible for
reviewing the applicable laws and regulations and effectuating compliance
with such laws. Contracting Party shall require the same of all subcontractors.
2. Retention. Payments shall be made in accordance with the
provisions of Article 2.0 of the Agreement. In accordance with said Sections,
City shall pay Contracting Party a sum based upon ninety-five percent (95%)
of the Contract Sum apportionment of the labor and materials incorporated
into the Services under this Agreement during the month covered by said
invoice. The remaining five percent (5%) thereof shall be retained as
performance security to be paid to Contracting Party within sixty (60) days
after final acceptance of the Services by the City Council of City, after
Contracting Party has furnished City with a full release of all undisputed
payments under this Agreement, if required by City. In the event there are
any claims specifically excluded by Contracting Party from the operation of the
release, City may retain proceeds (per Public Contract Code § 7107) of up to
one hundred fifty percent (150%) of the amount in dispute. City's failure to
deduct or withhold shall not affect Contracting Party's obligations under the
Agreement.
3. Utility Relocation. City is responsible for removal, relocation, or
protection of existing main or trunk -line utilities to the extent such utilities
were not identified in the invitation for bids or specifications. City shall
Exhibit A
Page 3 of 5
291
reimburse Contracting Party for any costs incurred in locating, repairing
damage not caused by Contracting Party, and removing or relocating such
unidentified utility facilities. Contracting Party shall not be assessed liquidated
damages for delay arising from the removal or relocation of such unidentified
utility facilities.
4. Trenches or Excavations. Pursuant to California Public Contract
Code Section 7104, in the event the work included in this Agreement requires
excavations more than four (4) feet in depth, the following shall apply:
(a) Contracting Party shall promptly, and before the following
conditions are disturbed, notify City, in writing, of any: (1) material that
Contracting Party believes may be material that is hazardous waste, as
defined in Section 25117 of the Health and Safety Code, that is required to be
removed to a Class I, Class II, or Class III disposal site in accordance with
provisions of existing law; (2) subsurface or latent physical conditions at the
site different from those indicated by information about the site made
available to bidders prior to the deadline for submitting bids; or (3) unknown
physical conditions at the site of any unusual nature, different materially from
those ordinarily encountered and generally recognized as inherent in work of
the character provided for in the Agreement.
(b) City shall promptly investigate the conditions, and if it finds
that the conditions do materially so differ, or do involve hazardous waste, and
cause a decrease or increase in Contracting Party's cost of, or the time
required for, performance of any part of the work shall issue a change order
per Section 1.8 of the Agreement.
(c) in the event that a dispute arises between City and
Contracting Party whether the conditions materially differ, or involve
hazardous waste, or cause a decrease or increase in Contracting Party's cost
of, or time required for, performance of any part of the work, Contracting
Party shall not be excused from any scheduled completion date provided for
by this Agreement, but shall proceed with all work to be performed under this
Agreement. Contracting Party shall retain any and all rights provided either
by contract or by law which pertain to the resolution of disputes and protests
between the contracting Parties.
5. Safety. Contracting Party shall execute and maintain its work so
as to avoid injury or damage to any person or property. In carrying out the
Services, Contracting Party shall at all times be in compliance with all
applicable local, state, and federal laws, rules and regulations, and shall
exercise all necessary precautions for the safety of employees appropriate to
the nature of the work and the conditions under which the work is to be
performed. Safety precautions as applicable shall include, but shall not be
Exhibit A
Page 4of5
292
limited to: (A) adequate life protection and lifesaving equipment and
procedures; (B) instructions in accident prevention for all employees and
subcontractors, such as safe walkways, scaffolds, fall protection ladders,
bridges, gang planks, confined space procedures, trenching and shoring,
equipment and other safety devices, equipment and wearing apparel as are
necessary or lawfully required to prevent accidents or injuries; and
(C) adequate facilities for the proper inspection and maintenance of all safety
measures.
6. Liquidated Damages. Since the determination of actual damages
for any delay in performance of the Agreement would be extremely difficult or
impractical to determine in the event of a breach of this Agreement,
Contracting Party shall be liable for and shall pay to City the sum of One
Thousand dollars ($1,000.00) as liquidated damages for each working day of
delay in the performance of any of the Services required hereunder, as
specified in the Schedule of Performance. In addition, liquidated damages
may be assessed for failure to comply with the emergency call out
requirements, if any, described in the Scope of Services. City may withhold
from any moneys payable on account of the Services performed by
Contracting Party any accrued liquidated damages.
Exhibit A
Page 5of5
293
294
EXHIBIT B
Schedule of Compensation
With the exception of compensation for Additional Services, provided for
in Section 2.3 of this Agreement, the maximum total compensation to be paid
to Contracting Party under this Agreement is not to exceed One Hundred
Twenty -Four Thousand Three Hundred and Fifteen Dollars ($124,315.00)
("Contract Sum"). The Contract Sum shall be paid to Contracting Party in
installment payments made on a monthly basis and in an amount identified in
Contracting Party's schedule of compensation attached hereto for the work
tasks performed and properly invoiced by Contracting Party in conformance
with Section 2.2 of this Agreement.
Exhibit B
Page 1 of 1
295
FEE PROPOSAL
CITY OF LA QUINTA
VILLAGE UNDERGROUNDING FEASIBILITY STUDY PROJECT
WORK DESCRIPTION
Project Manager/
QA/QC
Jeffrey M. Cooper
$260
Managing Principal
g g P
Oscar Lazaro Gregg Butsko
$206
Project Manager 3
9
Patty Nadeau
$170
Project Coordinator 2
/
Jennifer Shah
$127
Senior Designer
g
Chris Beeman
$170
Designer 2
g
Mike Hall
$159
Project Analyst/
CAD Designer
Rafael Gutierrez
$135
Project Admin
/
Kendra Duncan
$105
HR GREEN Director
Tim Jonasson
$250
TOTAL
FEE
HOURS
$
HOURS
$
HOURS
$
HOURS
$
HOURS
$
HOURS
$
HOURS
$
HOURS
$
HOURS
$
Task 1 - Current Planning Level Dry Utility Cost Estimate Li
4
$1,040
68
$14,008
15
$2,550
$17,598
Task 2-Phasing Plan - Area 2
8
$2,080
24
$4,944
15
$2,550
8
$1,272
8
$2,000
$12,846
Task 3 - Identify Special Construction Practices
8
$2,080
18
$3,708
15
$2,550
$8,338
Task 4- City Council Sessions /Findings
8
$2,080
10
$2,060
6
$1,500
$5,640
Task 5 - Stake Holder Meetings
14
$3,640
24
$4,944
18
$4,500
$13,084
Task 6 - Project Development Team Meetings
14
$3,640
15
$3,090
$6,730
Task 7 - Project Management
24
$6,240
50
$10,300
57
$9,690
67
$8,509
$34,739
Other Miscellaneous Eenses
$1,000
80
$20,800
209
$43,054
57
$9,690
67
$8,509
45
$7,650
8
$1,272
0
$0
0
$0
32
$8,000
$99,975
0Subtotal
OPTIONAL SERVICES
Task 8 Financial Options
48
$12,480
40
$5,400
12 $1,260
$19,140
Task 8B Project Management
12
$3,120
$3,120
Task 8C City Council Session
8
$2,080
$2,080
Fee Schedule
Rates are effective through the initial term of the contract. If contract assignment
extends beyond that date, NV5 may request a rate increase. N V 5
ENGINEERING SERVICES
HOURLY RATE**
Principal/Director (Jeffrey M. Cooper)
$260
Managing Principal (Gregg Butsko, Oscar Lazaro)
$206
Project Manager 3 (Patty Nadeau)
$170
Project Coordinator 2 (Jennifer Shah)
$127
Senior Designer (Chris Beeman)
$170
Designer 2 (Mike Hall)
$159
HR Green Director (Tim Jonasson)
$250
ADDITIONAL SERVICES*
HOURLY RATE**
Assessment Engineer
$260
Design Reviewer
$225
Project Analyst/CAD Designer (Rafael Gutierrez)
$135
Construction Manager
$185
Construction Inspector
$145
Project Administration (Kendra Duncan)
$105
*NV5 offers a wide range of complementary services that may
be desired by the City for it's utility undergrounding projects, including design
review, assessment engineering, project management, and construction management and inspection services. Cost proposals for these
various complementary services can be provided upon request, according to the hourly rates outlined above, with the total cost depending
on the scope and size of the project.
REIMBURSABLE EXPENSES
COST
Reproduction
Cost
Consultant Services
Cost + 15%
Automobile Transportation
Delivery, Freight, Courier
Agency Fees
Commercial Travel
per IRS standard
Cost
Cost
Cost
** Regular rates. Work in excess of 8 hours and work on Saturdays will be billed at 1.5 times the regular rate. Work in excess of 12 hours and
work on Sundays and Holidays will be billed at 2 times the regular rate.
ME:
EXHIBIT C
Schedule of Performance
Contracting Party shall complete all services identified in the Scope of
Services, Exhibit A of this Agreement, in accordance with the Project
Schedule, attached hereto and incorporated herein by this reference.
Exhibit C
Page 1of1
Tentative Schedule
ID
Task Name
NTP
Current Planning Level Dry Utility Cost
Estimate Update
Phasing Plan - Area 2
Identify Special Construction Practices
City Council Sessions/Findings
Stake Holder Meetings (Ongoing)
Project Development Team Meetings
Project Management (Ongoing)
Financial Options
City Council Session
Duration
0 edays
76 days
26 days
16 days
124 days
124 days
124 days
124 days
40 days
60 days
Start
Tue 1/3/23
Tue 1/3/23
Fri 4/21/23
Fri 6/2/23
Tue 1/3/23
Tue 1/3/23
Tue 1/3/23
Tue 1/3/23
Mon 5/1/23
Mon 5/1/23
Finish
Dec
Tue 1/3/23
Tue 4/18/23
Fri 5/26/23
Fri 6/23/23
Fri 6/23/23
Fri 6/23/23
Fri 6/23/23
Fri 6/23/23
Fri 6/23/23
Fri 7/21/23
Qtr 1, 2023
Jan I Feb I Mar
Qtr 2, 2023
Apr May Jun
Qtr 3, 202
Jul
1
1/3
II
2
3
4
5
6
7
8
9
10
Task Inactive Summary External Tasks
Split .................. I Manual Task I I External Milestone
Milestone ♦ Duration -only Deadline n
Project: Tentative Schedule Dra
Date: Fri 12/2/22 Summary Ir'-i Manual Summary Rollup Progress
Project Summary 0 Manual Summary Manual Progress
Inactive Task Start -only E
Inactive Milestone Finish -only 7
Page 1
EXHIBIT D
None.
Special Requirements
Exhibit D
Page 1 of 1
301
302
EXHIBIT E
Insurance Requirements
E.1 Insurance. Prior to the beginning of and throughout the duration of
this Agreement, the following policies shall be maintained and kept in full force
and effect providing insurance with minimum limits as indicated below and
issued by insurers with A.M. Best ratings of no less than A -VI:
Commercial General Liability (at least as broad as ISO CG 0001)
$1,000,000 (per occurrence)
$2,000,000 (general aggregate)
Must include the following endorsements:
General Liability Additional Insured
General Liability Primary and Non-contributory
Commercial Auto Liability (at least as broad as ISO CA 0001)
$1,000,000 (per accident)
Auto Liability Additional Insured
Personal Auto Declaration Page if applicable
Errors and Omissions Liability
$1,000,000 (per claim and aggregate)
Workers' Compensation
(per statutory requirements)
Must include the following endorsements:
Workers Compensation with Waiver of Subrogation
Workers Compensation Declaration of Sole Proprietor if applicable
Cyber Liability
$1,000,000 (per occurrence)
$2,000,000 (general aggregate)
Contracting Party shall procure and maintain, at its cost, and submit
concurrently with its execution of this Agreement, Commercial General
Liability insurance against all claims for injuries against persons or damages
to property resulting from Contracting Party's acts or omissions rising out of
or related to Contracting Party's performance under this Agreement. The
insurance policy shall contain a severability of interest clause providing that
the coverage shall be primary for losses arising out of Contracting Party's
performance hereunder and neither City nor its insurers shall be required to
contribute to any such loss. An endorsement evidencing the foregoing and
naming the City and its officers and employees as additional insured (on the
Exhibit E
Page 1 of 6
303
Commercial General Liability policy only) must be submitted concurrently with
the execution of this Agreement and approved by City prior to commencement
of the services hereunder.
Contracting Party shall carry automobile liability insurance of
$1,000,000 per accident against all claims for injuries against persons or
damages to property arising out of the use of any automobile by Contracting
Party, its officers, any person directly or indirectly employed by Contracting
Party, any subcontractor or agent, or anyone for whose acts any of them may
be liable, arising directly or indirectly out of or related to Contracting Party's
performance under this Agreement. If Contracting Party or Contracting
Party's employees will use personal autos in any way on this project,
Contracting Party shall provide evidence of personal auto liability coverage for
each such person. The term "automobile" includes, but is not limited to, a
land motor vehicle, trailer or semi -trailer designed for travel on public roads.
The automobile insurance policy shall contain a severability of interest clause
providing that coverage shall be primary for losses arising out of Contracting
Party's performance hereunder and neither City nor its insurers shall be
required to contribute to such loss.
Professional Liability or Errors and Omissions Insurance as
appropriate shall be written on a policy form coverage specifically designed to
protect against acts, errors or omissions of the Contracting Party and "Covered
Professional Services" as designated in the policy must specifically include
work performed under this agreement. The policy limit shall be no less than
$1,000,000 per claim and in the aggregate. The policy must "pay on behalf
of" the insured and must include a provision establishing the insurer's duty to
defend. The policy retroactive date shall be on or before the effective date of
this agreement.
Contracting Party shall carry Workers' Compensation Insurance in
accordance with State Worker's Compensation laws with employer's liability
limits no less than $1,000,000 per accident or disease.
If coverage is maintained on a claims -made basis, Contracting Party shall
maintain such coverage for an additional period of three (3) years following
termination of the contract.
Contracting Party shall provide written notice to City within ten
(10) working days if: (1) any of the required insurance policies is terminated;
(2) the limits of any of the required polices are reduced; or (3) the deductible
or self -insured retention is increased. In the event any of said policies of
insurance are cancelled, Contracting Party shall, prior to the cancellation date,
submit new evidence of insurance in conformance with this Exhibit to the
Contract Officer. The procuring of such insurance or the delivery of policies
Exhibit E
Page 2 of 6
304
or certificates evidencing the same shall not be construed as a limitation of
Contracting Party's obligation to indemnify City, its officers, employees,
contractors, subcontractors, or agents.
E.2 Remedies. In addition to any other remedies City may have if
Contracting Party fails to provide or maintain any insurance policies or policy
endorsements to the extent and within the time herein required, City may, at
its sole option:
a. Obtain such insurance and deduct and retain the amount of the
premiums for such insurance from any sums due under this Agreement.
b. Order Contracting Party to stop work under this Agreement
and/or withhold any payment(s) which become due to Contracting Party
hereunder until Contracting Party demonstrates compliance with the
requirements hereof.
C. Terminate this Agreement.
Exercise any of the above remedies, however, is an alternative to
any other remedies City may have. The above remedies are not the exclusive
remedies for Contracting Party's failure to maintain or secure appropriate
policies or endorsements. Nothing herein contained shall be construed as
limiting in any way the extent to which Contracting Party may be held
responsible for payments of damages to persons or property resulting from
Contracting Party's or its subcontractors' performance of work under this
Agreement.
E.3 General Conditions Pertaining to Provisions of Insurance Coverage
by Contracting Party. Contracting Party and City agree to the following with
respect to insurance provided by Contracting Party:
1. Contracting Party agrees to have its insurer endorse the third
party general liability coverage required herein to include as additional
insureds City, its officials, employees, and agents, using standard ISO
endorsement No. CG 2010 with an edition prior to 1992. Contracting Party
also agrees to require all contractors, and subcontractors to do likewise.
2. No liability insurance coverage provided to comply with this
Agreement shall prohibit Contracting Party, or Contracting Party's employees,
or agents, from waiving the right of subrogation prior to a loss. Contracting
Party agrees to waive subrogation rights against City regardless of the
applicability of any insurance proceeds, and to require all contractors and
subcontractors to do likewise.
Exhibit E
Page 3 of 6
305
3. All insurance coverage and limits provided by Contracting Party
and available or applicable to this Agreement are intended to apply to the full
extent of the policies. Nothing contained in this Agreement or any other
agreement relating to City or its operations limits the application of such
insurance coverage.
4. None of the coverages required herein will be in compliance with
these requirements if they include any limiting endorsement of any kind that
has not been first submitted to City and approved of in writing.
5. No liability policy shall contain any provision or definition that
would serve to eliminate so-called "third party action over" claims, including
any exclusion for bodily injury to an employee of the insured or of any
contractor or subcontractor.
6. All coverage types and limits required are subject to approval,
modification and additional requirements by the City, as the need arises.
Contracting Party shall not make any reductions in scope of coverage (e.g.
elimination of contractual liability or reduction of discovery period) that may
affect City's protection without City's prior written consent.
7. Proof of compliance with these insurance requirements, consisting
of certificates of insurance evidencing all the coverages required and an
additional insured endorsement to Contracting Party's general liability policy,
shall be delivered to City at or prior to the execution of this Agreement. In
the event such proof of any insurance is not delivered as required, or in the
event such insurance is canceled at any time and no replacement coverage is
provided, City has the right, but not the duty, to obtain any insurance it deems
necessary to protect its interests under this or any other agreement and to
pay the premium. Any premium so paid by City shall be charged to and
promptly paid by Contracting Party or deducted from sums due Contracting
Party, at City option.
8. It is acknowledged by the parties of this agreement that all
insurance coverage required to be provided by Contracting Party or any
subcontractor, is intended to apply first and on a primary, non-contributing
basis in relation to any other insurance or self-insurance available to City.
9. Contracting Party agrees to ensure that subcontractors, and any
other party involved with the project that is brought onto or involved in the
project by Contracting Party, provide the same minimum insurance coverage
required of Contracting Party. Contracting Party agrees to monitor and review
all such coverage and assumes all responsibility for ensuring that such
coverage is provided in conformity with the requirements of this section.
Contracting Party agrees that upon request, all agreements with
Exhibit E
Page 4of6
306
subcontractors and others engaged in the project will be submitted to City for
review.
10. Contracting Party agrees not to self -insure or to use any self -
insured retentions or deductibles on any portion of the insurance required
herein (with the exception of professional liability coverage, if required) and
further agrees that it will not allow any contractor, subcontractor, Architect,
Engineer or other entity or person in any way involved in the performance of
work on the project contemplated by this agreement to self -insure its
obligations to City. If Contracting Party's existing coverage includes a
deductible or self -insured retention, the deductible or self -insured retention
must be declared to the City. At that time the City shall review options with
the Contracting Party, which may include reduction or elimination of the
deductible or self -insured retention, substitution of other coverage, or other
solutions.
11. The City reserves the right at any time during the term of this
Agreement to change the amounts and types of insurance required by giving
the Contracting Party ninety (90) days advance written notice of such change.
If such change results in substantial additional cost to the Contracting Party,
the City will negotiate additional compensation proportional to the increased
benefit to City.
12. For purposes of applying insurance coverage only, this Agreement
will be deemed to have been executed immediately upon any party hereto
taking any steps that can be deemed to be in furtherance of or towards
performance of this Agreement.
13. Contracting Party acknowledges and agrees that any actual or
alleged failure on the part of City to inform Contracting Party of non-
compliance with any insurance requirement in no way imposes any additional
obligations on City nor does it waive any rights hereunder in this or any other
regard.
14. Contracting Party will renew the required coverage annually as
long as City, or its employees or agents face an exposure from operations of
any type pursuant to this agreement. This obligation applies whether the
agreement is canceled or terminated for any reason. Termination of this
obligation is not effective until City executes a written statement to that effect.
15. Contracting Party shall provide proof that policies of insurance
required herein expiring during the term of this Agreement have been renewed
or replaced with other policies providing at least the same coverage. Proof
that such coverage has been ordered shall be submitted prior to expiration.
A coverage binder or letter from Contracting Party's insurance agent to this
Exhibit E
Page 5 of 6
307
effect is acceptable. A certificate of insurance and an additional insured
endorsement is required in these specifications applicable to the renewing or
new coverage must be provided to City within five (5) days of the expiration
of coverages.
16. The provisions of any workers' compensation or similar act will not
limit the obligations of Contracting Party under this agreement. Contracting
Party expressly agrees not to use any statutory immunity defenses under such
laws with respect to City, its employees, officials, and agents.
17. Requirements of specific coverage features, or limits contained in
this section are not intended as limitations on coverage, limits or other
requirements nor as a waiver of any coverage normally provided by any given
policy. Specific reference to a given coverage feature is for purposes of
clarification only as it pertains to a given issue and is not intended by any
party or insured to be limiting or all-inclusive.
18. These insurance requirements are intended to be separate and
distinct from any other provision in this Agreement and are intended by the
parties here to be interpreted as such.
19. The requirements in this Exhibit supersede all other sections and
provisions of this Agreement to the extent that any other section or provision
conflicts with or impairs the provisions of this Exhibit.
20. Contracting Party agrees to be responsible for ensuring that no
contract used by any party involved in any way with the project reserves the
right to charge City or Contracting Party for the cost of additional insurance
coverage required by this agreement. Any such provisions are to be deleted
with reference to City. It is not the intent of City to reimburse any third party
for the cost of complying with these requirements. There shall be no recourse
against City for payment of premiums or other amounts with respect thereto.
21. Contracting Party agrees to provide immediate notice to City of
any claim or loss against Contracting Party arising out of the work performed
under this agreement. City assumes no obligation or liability by such notice,
but has the right (but not the duty) to monitor the handling of any such claim
or claims if they are likely to involve City.
Exhibit E
Page 6of6
308
EXHIBIT F
Indemnification
F.1 Indemnity for the Benefit of City.
a. Indemnification for Professional Liability. When the law
establishes a professional standard of care for Contracting Party's Services, to
the fullest extent permitted by law, Contracting Party shall indemnify, protect,
defend (with counsel selected by City), and hold harmless City and any and
all of its officials, employees, and agents ("Indemnified Parties") from and
against any and all claims, losses, liabilities of every kind, nature, and
description, damages, injury (including, without limitation, injury to or death
of an employee of Contracting Party or of any subcontractor), costs and
expenses of any kind, whether actual, alleged or threatened, including,
without limitation, incidental and consequential damages, court costs,
attorneys' fees, litigation expenses, and fees of expert consultants or expert
witnesses incurred in connection therewith and costs of investigation, to the
extent same are caused in whole or in part by any negligent or wrongful act,
error or omission of Contracting Party, its officers, agents, employees or
subcontractors (or any entity or individual that Contracting Party shall bear
the legal liability thereof) in the performance of professional services under
this agreement. With respect to the design of public improvements, the
Contracting Party shall not be liable for any injuries or property damage
resulting from the reuse of the design at a location other than that specified
in Exhibit A without the written consent of the Contracting Party.
b. Indemnification for Other Than Professional Liability. Other
than in the performance of professional services and to the full extent
permitted by law, Contracting Party shall indemnify, defend (with counsel
selected by City), and hold harmless the Indemnified Parties from and against
any liability (including liability for claims, suits, actions, arbitration
proceedings, administrative proceedings, regulatory proceedings, losses,
expenses or costs of any kind, whether actual, alleged or threatened,
including, without limitation, incidental and consequential damages, court
costs, attorneys' fees, litigation expenses, and fees of expert consultants or
expert witnesses) incurred in connection therewith and costs of investigation,
where the same arise out of, are a consequence of, or are in any way
attributable to, in whole or in part, the performance of this Agreement by
Contracting Party or by any individual or entity for which Contracting Party is
legally liable, including but not limited to officers, agents, employees, or
subcontractors of Contracting Party.
c. Indemnity Provisions for Contracts Related to Construction
(Limitation on Indemnity). Without affecting the rights of City under any
Exhibit F
Page 1 of 3
309
provision of this agreement, Contracting Party shall not be required to
indemnify and hold harmless City for liability attributable to the active
negligence of City, provided such active negligence is determined by
agreement between the parties or by the findings of a court of competent
jurisdiction. In instances where City is shown to have been actively negligent
and where City's active negligence accounts for only a percentage of the
liability involved, the obligation of Contracting Party will be for that entire
portion or percentage of liability not attributable to the active negligence of
City.
d. Indemnification Provision for Desian Professionals.
1. Applicability of this Section F.1(d). Notwithstanding
Section F.1(a) hereinabove, the following indemnification provision shall apply
to a Contracting Party who constitutes a "design professional" as the term is
defined in paragraph 3 below.
2. Scope of Indemnification. When the law establishes a
professional standard of care for Contracting Party's Services, to the fullest
extent permitted by law, Contracting Party shall indemnify and hold harmless
City and any and all of its officials, employees, and agents ("Indemnified
Parties") from and against any and all losses, liabilities of every kind, nature,
and description, damages, injury (including, without limitation, injury to or
death of an employee of Contracting Party or of any subcontractor), costs and
expenses, including, without limitation, incidental and consequential
damages, court costs, reimbursement of attorneys' fees, litigation expenses,
and fees of expert consultants or expert witnesses incurred in connection
therewith and costs of investigation, to the extent same are caused by any
negligent or wrongful act, error or omission of Contracting Party, its officers,
agents, employees or subcontractors (or any entity or individual that
Contracting Party shall bear the legal liability thereof) in the performance of
professional services under this agreement. With respect to the design of
public improvements, the Contracting Party shall not be liable for any injuries
or property damage resulting from the reuse of the design at a location other
than that specified in Exhibit A without the written consent of the Contracting
Pa rty.
3. Design Professional Defined. As used in this
Section F.1(d), the term "design professional" shall be limited to licensed
architects, registered professional engineers, licensed professional land
surveyors and landscape architects, all as defined under current law, and as
may be amended from time to time by Civil Code § 2782.8.
F.2 Obligation to Secure Indemnification Provisions. Contracting
Party agrees to obtain executed indemnity agreements with provisions
Exhibit F
Page 2of3
310
identical to those set forth herein this Exhibit F, as applicable to the
Contracting Party, from each and every subcontractor or any other person or
entity involved by, for, with or on behalf of Contracting Party in the
performance of this Agreement. In the event Contracting Party fails to obtain
such indemnity obligations from others as required herein, Contracting Party
agrees to be fully responsible according to the terms of this Exhibit. Failure
of City to monitor compliance with these requirements imposes no additional
obligations on City and will in no way act as a waiver of any rights hereunder.
This obligation to indemnify and defend City as set forth in this Agreement are
binding on the successors, assigns or heirs of Contracting Party and shall
survive the termination of this Agreement.
Exhibit F
Page 3of3
311
312
REPORTS AND INFORMATIONAL ITEM NO. 27
PLANNING COMMISSION
MINUTES
TUESDAY, NOVEMBER S, 2022
CALL TO ORDER
A regular meeting of the La Quinta Planning Commission was called to order
at 5:00 p.m. by Chairperson Currie.
PRESENT: Commissioners Caldwell, Hassett, McCune, Nieto, Tyerman,
and Chairperson Currie
ABSENT: None
STAFF PRESENT: Design & Development Director Danny Castro, Planning
Manager Cheri L. Flores, Associate Planner Siji Fernandez,
Commission Secretary Tania Flores, Assistant City Attorney
Travis VanLigten
CONSULTANTS: Planning Consultant Nicole Criste, CEO with Terra Nova
Planning & Research, Inc.
Chairperson Currie acknowledged the resignation of former Commissioner
Proctor and expressed appreciation for his time on the Commission. Staff
recited a letter from him to the Planning Commission expressing his
thankfulness and gave best wishes to the future.
PLEDGE OF ALLEGIANCE
Commissioner McCune led the audience in the Pledge of Allegiance.
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA - None.
CONFIRMATION OF AGENDA
Assistant City Attorney VanLigten and Commissioner Nieto noted that
Commissioner Nieto would abstain from discussion and vote on Consent
Calendar Item No. 3 due to a potential conflict of interest stemming from a
professional relationship between Commissioner Nieto's employer and the
project applicant, and requested the item be pulled for a separate vote.
PLANNING COMMISSION MINUTES Page 1 of 7 NOVEMBER 8, 2022
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MOTION - A motion was made and seconded by Commissioners
Caldwell/Hassett to confirm the agenda with modification to pull Consent
Calendar Item No. 3 for a separate vote. Motion passed unanimously.
ANNOUNCEMENTS, PRESENTATIONS, WRITTEN COMMUNICATION - None.
CONSENT CALENDAR
1. APPROVE MEETING MINUTES OF JULY 26, 2022
2. APPROVE MEETING MINUTES OF SEPTEMBER 13, 2022
3. Pulled by Commissioner Nieto for separate vote > > > ADOPT A
RESOLUTION FINDING THAT THE PROPOSED STREET VACATION
OF A 691-SQUARE-FOOT PORTION OF AVENIDA BERMUDAS AND
AVENIDA LA FONDA RIGHT-OF-WAY IS CONSISTENT WITH THE
LA QUINTA GENERAL PLAN; CEQA: EXEMPT PURSUANT TO CEQA
GUIDELINES SECTION 15301 (c), EXISTING FACILITIES
MOTION - A motion was made and seconded by Commissioners Hassett/Nieto
to approve Consent Calendar Item Nos. 1 and 2 as submitted. Motion passed
unanimously.
CONSENT CALENDAR ITEM NO. 3
MOTION - A motion was made and seconded by Commissioners
Hassett/Caldwell to approve Consent Calendar Item No. 3 as submitted.
Motion passed: ayes - 5, noes - 0, abstain - 1 (Nieto).
BUSINESS SESSION
1. APPROVE CANCELLATION OF REGULAR PLANNING COMMISSION
MEETINGS OF NOVEMBER 22 AND DECEMBER 27, 2022, AND
JANUARY 10, 2023
Planning Manager Flores explained the proposed meeting cancellations and
confirmed that this would not delay or disrupt City business proceedings.
MOTION - A motion was made and seconded by Commissioners
Caldwell/Hassett to approve cancellation of the regular Planning Commission
Meetings of November 22 and December 27, 2022, and January 10, 2023.
Motion passed unanimously.
STUDY SESSION - None.
PLANNING COMMISSION MINUTES Page 2 of 7 NOVEMBER 8, 2022
314
PUBLIC HEARINGS
1. ADOPT A RESOLUTION TO APPROVE CONDITIONAL USE PERMIT
2022-0002 FOR THE CONSTRUCTION OF A MONOPALM
WIRELESS TELECOMMUNICATION FACILITY WITHIN PGA WEST;
CEQA: THE PROJECT IS EXEMPT FROM CALIFORNIA
ENVIRONMENTAL QUALITY ACT PURSUANT TO SECTION 15303,
NEW CONSTRUCTION OR CONVERSION OF SMALL STRUCTURES;
LOCATION: 55955 PGA BOULEVARD
DECLARATIONS REGARDING COMMISSION PUBLIC CONTACT:
Commissioner Caldwell stated that her primary residence is within the PGA
West development; however, she will participate and vote on this item
because there would be no financial gain for her as a result of this project and
her residence is located more than 500 feet from the project site.
Planning Consultant Criste presented the staff report which is on file in the
Design and Development Department.
Staff answered Commission questions regarding the additional skirting
surrounding the monopalm.
CHAIRPERSON CURRIE DECLARED THE PUBLIC HEARING OPEN AT 5:17 P.M.
PUBLIC SPEAKER: Applicant representative Chris Doheny, Real Estate Project
Manager of SmartLink Group, introduced himself and gave a brief overview of
the project including project objective, coverage areas, zoning details,
alternative site analysis, and provided photo simulations; answered questions
regarding signal interference concerns, site location selection, utility
easements and trenching, rooftop facility options, and the additional
monopalm skirting.
CHAIRPERSON CURRIE DECLARED THE PUBLIC HEARING CLOSED AT 5:41 P.M.
Commission comments followed expressing general support of the proposed
project design, architecture, and stealthing.
MOTION - A motion was made and seconded by Commissioner
Caldwell/Chairperson Currie to adopt Planning Commission Resolution No.
2022-023 approving CUP2022-0002 and determine that the project is exempt
from the California Environmental Quality Act, pursuant to Section 15303,
New Construction or Conversion of Small Structures:
A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF LA
QUINTA, CALIFORNIA, APPROVING A CONDITIONAL USE PERMIT FOR
PLANNING COMMISSION MINUTES Page 3 of 7 NOVEMBER 8, 2022
315
THE CONSTRUCTION OF A WIRELESS TELECOMMUNICATION FACILITY
WITHIN PGA WEST AND FINDING THE PROJECT EXEMPT FROM THE
CALIFORNIA ENVIRONMENTAL QUALITY ACT
CASE NUMBER: CONDITIONAL USE PERMIT 2022-0002
APPLICANT: SMARTLINK GROUP/AT&T MOBILITY
Motion passed unanimously.
2. ADOPT A RESOLUTION APPROVING A MODIFICATION BY
APPLICANT AND CONDITIONAL USE PERMIT AMENDMENT TO
ALLOW FOR A NEW 21129 SQUARE FOOT TOOL RENTAL CENTER
ADDITION, A NEW 1,104 SQUARE FOOT FENCE ENCLOSURE AND
MODIFICATIONS TO THE OUTDOOR DISPLAYS AND SALES AREA
AT AN EXISTING HOME DEPOT. CEQA: THE PROJECT IS EXEMPT
FROM ENVIRONMENTAL REVIEW PURSUANT TO SECTION
15301(E)(1) OF THE CALIFORNIA ENVIRONMENTAL QUALITY
ACT, EXISTING FACILITIES. LOCATION: 79900 HIGHWAY 111
DECLARATIONS REGARDING COMMISSION PUBLIC CONTACT - None.
Associate Planner Fernandez presented the staff report which is on file in the
Design and Development Department.
Staff answered Commission questions regarding location of truck and
equipment rental areas.
CHAIRPERSON CURRIE DECLARED THE PUBLIC HEARING OPEN AT 6:01 P.M.
PUBLIC SPEAKER: Alena Callimanis, La Quinta - opposed the project due to
visual aesthetics in regards to the location of the truck and equipment rental
areas.
CHAIRPERSON CURRIE DECLARED THE PUBLIC HEARING CLOSED AT 6:03 P.M.
Commission discussion followed regarding the possibility of continuing the item
to a date certain to allow the applicant to be present for Commission questions
regarding truck and equipment rental locations, traffic and parking circulation
and queuing; Commission expressed general agreement of continuance.
CHAIRPERSON CURRIE DECLARED THE PUBLIC HEARING RE -OPEN AT 6:07 P.M.
MOTION - A motion was made and seconded by Commissioners
Tyerman/Hassett to continue this Public Hearing to a date certain of December
13, 2022. Motion passed unanimously.
PLANNING COMMISSION MINUTES Page 4 of 7 NOVEMBER 8, 2022
316
3. ADOPT RESOLUTIONS TO APPROVE AN ADDENDUM TO EA2004-
513 AND FIND THE PROJECT CONSISTENT WITH THE
PREVIOUSLY ADOPTED MITIGATED NEGATIVE DECLARATION
(EA2004-513) AND TO APPROVE TENTATIVE TRACT MAP 2021-
0006 (TTM 38316) FOR 392 RESIDENTIAL LOTS, 1 COMMERCIAL
LOT, A POTENTIAL FIRE STATION, AND A POTENTIAL IID
SUBSTATION ON 110.91 ACRES WITHIN THE SCHUMACHER
SPECIFIC PLAN AREA; CEQA: THE DESIGN AND DEVELOPMENT
DEPARTMENT HAS PREPARED AN ADDENDUM TO THE
PREVIOUSLY ADOPTED MITIGATED NEGATIVE DECLARATION
(EA2004-513) PURSUANT TO SECTION 15164 OF THE
CALIFORNIA ENVIRONMENTAL QUALITY ACT; LOCATION:
NORTHEAST CORNER OF AVENUE 60 AND MONROE STREET
DECLARATIONS REGARDING COMMISSION PUBLIC CONTACT - None.
Associate Planner Fernandez presented the staff report which is on file in the
Design and Development Department.
Staff answered Commission questions regarding timing and phasing of
perimeter walls, landscaping, and roadway improvements including additional
traffic lights; additional or alternative conditions of approval; necessity of the
potential Imperial Irrigation District (IID) substation and fire station; lighting
and other prospective plans for the commercial area parcel; areas designated
as image corridors; proposed locations of development entrances; liquefaction
factors and construction mitigation; project interior landscape plans, retention
basins, parklets, and passive parks; approving body of the future landscape
and commercial building plans.
CHAIRPERSON CURRIE DECLARED THE PUBLIC HEARING OPEN AT 6:44 P.M.
PUBLIC SPEAKER: Applicant Representative Mike Rowe, Principal Engineer of
MSA Consulting, gave a brief presentation on the project history, justification
for the addendum and tentative tract map; need and community use of the
potential IID substation and fire station; and updated and revised grading
plans.
Applicant answered Commission questions regarding liquefaction mitigation;
state and specific plan residential density requirements; retention and parklet
open spaces; sidewalk and pathway areas; phasing of landscape and roadway
improvements; and phasing of the potential IID substation and fire station.
PUBLIC SPEAKER: Alena Callimanis, La Quinta - expressed concerns regarding
approval of the mitigated negative declaration including subsidence, lack of
PLANNING COMMISSION MINUTES Page 5 of 7 NOVEMBER 8, 2022
317
Coachella Valley Water District (CVWD) analysis and water use assessment,
types of commercial uses allowed within the commercial parcel, increased
daily trips and greenhouse gas emissions, and the potential IID substation
proposed location.
PUBLIC SPEAKER: John Powell, neighboring property owner of Peter Rabbit
Farms - expressed general support for the project with the exception of the
location of the potential IID substation within the project and requested an
alternate location.
PUBLIC SPEAKER: Joe Hammer, neighboring property owner - expressed
general support for the project with concerns with moving the IID substation
to closer proximity of his property.
Applicant Mike Rowe provided additional information to address the public
comments and answered questions regarding current utility availability
(including electric and water), and the phasing of perimeter walls,
landscaping, and roadway improvements.
CHAIRPERSON CURRIE DECLARED THE PUBLIC HEARING CLOSED AT 7:25 P.M.
Commission comments followed expressing general approval of the project as
proposed and the potential addition of the IID substation and fire station.
Staff answered additional questions regarding the types of permitted uses for
the commercial parcel as neighborhood commercial zoning; approving body
for future conditional use permits and site development permits; perimeter
walls and landscaping alternatives during construction; and state and local
density requirements.
MOTION - A motion was made and seconded by Commissioners
McCune/Hassett to adopt Planning Commission Resolution No. 2022-025
approving the Addendum to EA2004-513 and find the project consistent with
the previously adopted Mitigated Negative Declaration (EA2004-513):
A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF LA
QUINTA, CALIFORNIA, ADOPTING AN ADDENDUM TO THE PREVIOUSLY
ADOPTED MITIGATED NEGATIVE DECLARATION (EA2004-513)
PURSUANT TO SECTION 15164 OF THE CALIFORNIA ENVIRONMENTAL
QUALITY ACT IN THAT NO SUBSTANTIAL CHANGES TO THE PROJECT
ARE PROPOSED THAT RESULT IN NEW SIGNIFICANT ENVIRONMENTAL
EFFECTS
CASE NUMBER: ENVIRONMENTAL ASSESSMENT 2022-0011
APPLICANT: BARTON LAND LA QUINTA
Motion passed unanimously.
PLANNING COMMISSION MINUTES Page 6 of 7 NOVEMBER 8, 2022
318
MOTION - A motion was made and seconded by Commissioners
McCune/Hassett to adopt Planning Commission Resolution No. 2022-026
approving Tentative Tract Map 2021-0006 (TTM 38316) subject to the findings
and conditions of approval.:
A RESOLUTION OF THE PLANNING COMMISSION OF THE CITY OF LA
QUINTA, CALIFORNIA, APPROVING TENTATIVE TRACT MAP 38316
(TTM2021-0006) FOR 392 RESIDENTIAL LOTS, 1 COMMERCIAL LOT, A
POTENTIAL FIRE STATION, AND A POTENTIAL IID SUBSTATION ON
110.91 ACRES WITHIN THE SCHUMACHER SPECIFIC PLAN AREA
CASE NUMBERS: TENTATIVE TRACT MAP 2021-0006
APPLICANT: BARTON LAND LA QUINTA
Motion passed unanimously.
STAFF ITEMS - None.
COMMISSIONER ITEMS
Commission expressed thanks and appreciation to former Commissioner
Proctor for his time and expertise while serving on the Commission.
Commission inquired about the agenda for the upcoming Housing Commission
meeting of November 9, 2022.
ADJOURNMENT
There being no further business, a motion was made and seconded by
Commissioner Hassett/Chairperson Currie to adjourn at 7:42 p.m. Motion
passed unanimously.
Respectfully submitted,
TANIA FLORES, Commission Secretary
City of La Quinta, California
PLANNING COMMISSION MINUTES Page 7 of 7 NOVEMBER 8, 2022
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320
REPORTS AND INFORMATIONAL ITEM NO. 28
FINANCIAL ADVISORY COMMISSION
MINUTES
WEDNESDAY, NOVEMBER 9, 2022
CALL TO ORDER
A regular meeting of the La Quinta Financial Advisory Commission
(Commission) was called to order at 4:00 p.m. by Chair Mills.
PRESENT: Commissioners Anderson, Batavick, Dorsey, Mast,
Way, and Chair Mills
ABSENT: Commissioner Luettjohann,
STAFF PRESENT: Finance Director Martinez, Financial Services Analyst Hallick,
Account Technician Batuta, Management Assistant Delgado
PLEDGE OF ALLEGIANCE
Commissioner Mast led the audience in the Pledge of Allegiance.
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA - None
CONFIRMATION OF AGENDA - Confirmed
ANNOUNCEMENTS, PRESENTATIONS, AND WRITTEN COMMUNICATIONS
- None
CONSENT CALENDAR ITEMS
1. APPROVE MEETING MINUTES DATED OCTOBER 5, 2022
2. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT
DATED JULY 31, 2022
3. RECEIVE AND FILE REVENUE AND EXPENDITURE REPORT
DATED AUGUST 31, 2022
CONSENT CALENDAR ITEM NO .2 - discussion
The Commission inquired about the following expenditure listed under the top
five non -general fund expenditures for the Revenue and Expenditure Report
dated July 31, 2022:
• Homelessness assistance - Financial Services Analyst Hallick explained
the Housing Authority annually approves funding to provide assistance
FINANCIAL ADVISORY COMMISSION MINUTES Page 1 of 3 NOVEMBER 9, 2022
321
to area homelessness service providers and homelessness prevention
partners, such as the Coachella Valley Rescue Mission, Martha's Village
and Kitchen, and Coachella Valley Association of Government (CVAG) -
CV Housing First program to assist with homelessness in the region each
year; and noted that in the past the funding is generally distributed
equally.
• Non -allocated interest (pension trust) - if anything is being done to
mitigate credit card fees - Financial Services Analyst Hallick explained
the amount listed for the non -allocated interest (pension trust) is the
gain on the account for the month. Staff said the 2022 adopted Master
Fee Schedule includes a 2.5% credit card surcharge that went into effect
for all credit cards on October 1, 2022.
Motion - A motion was made and seconded by Commissioners Mast/Way to
approve the Consent Calendar as submitted. Motion passed: yes - 6, noes -
0, abstain - 0, absent - 1 (Luettjohann).
BUSINESS SESSION - None
STUDY SESSION - None
DEPARTMENTAL REPORTS
All reports are on file in the Finance Department.
1. FINANCE DEPARTMENT CURRENT AND FUTURE INITIATIVES
Chair Mills inquired about the staff coordination for the review of the City's
Annual Comprehensive Financial Report (ACFR) in response to Commissioner
Way's request on August 24, 2022. Finance Director Martinez said this would
be coordinated with the Commission in early months of 2023.
Finance Director Martinez announced upcoming events for the City.
The Commission inquired about the phase -out of the City's old email
notification system, Quail Mail, and noted they are receiving duplicate emails
due to the old and new subscriptions. Staff said the old email notification
system of Quail Mail should be phased out soon and that would resolve the
duplicate notifications.
Commissioner Batavick inquired about forming a subcommittee for the review
of the City's financial 10-year projections. Finance Director Martinez said that
appointment of a subcommittee would be added to the next Commission
meeting.
FINANCIAL ADVISORY COMMISSION MINUTES Page 2 of 3 NOVEMBER 9, 2022
322
2. SECOND QUARTER 2022 (APRIL-JUNE) SALES TAX UPDATE FOR
THE CITY OF LA QUINTA
Financial Services Analyst Hallick mentioned that staff attends several
economic summits including a recent local Economic Update by the Coachella
Valley Economic Partnership (CVEP). Commissioner Way asked if the Annual
CVEP Forum is open to the public; Ms. Hallick confirmed and said the update
usually takes place annually in the month of October.
COMMISSIONERS' ITEMS
Chair Mills inquired on rebate fees for the pension trust discussed during the
last Commission meeting. Financial Services Analyst Hallick said that she
spoke with Mitch Barker, the City's representative for Public Agency
Retirement Services, who confirmed that there are no rebate fees included.
Finance Director Martinez said a special Commission meeting in December
would be needed to meet upcoming agenda item deadlines and that staff
would follow up with the Commission via email to schedule it.
ADJOURNMENT
There being no further business, it was moved by Commissioner
Batavick/Dorsey to adjourn this meeting at 4:38 p.m. Motion passed: yes -
6, noes - 0, abstain - 0, absent - 1 (Luettjohann).
Respectfully submitted,
Jessica Delgado, Management Assistant
City of La Quinta, California
FINANCIAL ADVISORY COMMISSION MINUTES Page 3 of 3 NOVEMBER 9, 2022
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REPORTS AND INFORMATIONAL ITEM NO. 29
HOUSING COMMISSION
SPECIAL MEETING
MINUTES
WEDNESDAY, NOVEMBER 9, 2022
CALL TO ORDER
A special meeting of the La Quinta Housing Commission (Commission) was
called to order at 6:02 p.m. by Chairperson Gaeta-Mejia.
This meeting provided teleconferencing accessibility pursuant to Executive
Orders N-60-20 and N-08-21 executed by the Governor of California, and
subsequently Assembly Bill 361 (AB 361, 2021), enacted in response to the
state of emergency relating to novel coronavirus disease 2019 (COVID-19) and
enabling teleconferencing accommodations by suspending or waiving specified
provisions in the Ralph M. Brown Act (Government Code § 54950 et seq.), and
City Council Resolution No. 2021-035, adopted by the City Council on
September 28, 2021, and reaffirmed on October 18, 2022, members of the
public, the Housing Commission, and City Staff participated in this meeting by
teleconference only.
PRESENT: Commissioners Casto, Chapman, Davidson, Pacheco, and
Chairperson Gaeta-Mejia
ABSENT: None
STAFF PRESENT: Management Analyst Kinley, Management Specialist Griffin,
and Commission Secretary Camarena
PLEDGE OF ALLEGIANCE
Chairperson Gaeta-Mejia led the audience in the Pledge of Allegiance.
CONFIRMATION OF AGENDA - Confirmed.
PUBLIC COMMENT ON MATTERS NOT ON THE AGENDA
Management Analyst Kinley said the city has not received any WRITTEN
PUBLIC COMMENTS or requests to provide VERBAL COMMENTS for this
meeting as of 6:06 p.m. and staff would continue to monitor email
HOUSING COMMISSION MINUTES Page 1 of 3 NOVEMBER 9, 2022
SPECIAL MEETING
325
communications and teleconference attendance for the duration of the
meeting, should any requests by the public are received.
ANNOUNCEMENTS, PRESENTATIONS AND WRITTEN COMMUNICATIONS
- None
CONSENT CALENDAR
1. APPROVE MEETING MINUTES OF JUNE 8, 2022
2. APPROVE MEETING MINUTES OF SEPTEMBER 14, 2022
MOTION - A motion was made and seconded by Commissioners Gaeta-Mejia
/Chapman to approve the Consent Calendar as recommended. Motion passed
unanimously.
BUSINESS SESSION
1. APPOINT MEMBERS OF THE HOUSING COMMISSION TO SERVE
AS CHAIRPERSON AND VICE -CHAIRPERSON FOR FISCAL YEAR
2022-23
Management Analyst Kinley presented the staff report, which is on file in the
City Manager's Office.
Staff provided a brief overview of the voting process, and roles and
responsibilities for the Chairperson and Vice -Chairperson positions.
MOTION - A motion was made and seconded by Commissioners
Casto/Chapman to re -appoint Commissioners Gaeta-Mejia and Pacheco to
serve as Chairperson and Vice -Chairperson, respectively for fiscal year
2022/23. Motion passed unanimously.
2. RECOMMEND THE HOUSING AUTHORITY APPROVE PURCHASE
AND SALE AGREEEMENT WITH BP DUNE PALMS, LP, BY GENERAL
PARTNER BLACKPOINT PROPERTIES, LLC, TO ACQUIRE A
PORTION OF CERTAIN PROPERTY COMPRISING
APPROXIMATELY 5.2 ACRES LOCATED ON THE NORTHEAST
CORNER OF HIGHWAY 111 AND DUNE PALMS ROAD (APN: 600-
030-018)
Management Analyst Kinley presented the staff report which is on file in
the City Manager's Office.
HOUSING COMMISSION MINUTES Page 2 of 3 NOVEMBER 9, 2022
SPECIAL MEETING
326
The Commission discussed property location; build -out options including
potential affordable housing development of up to 150 units and 2-3 stories,
and mixed -use component to maximize allowable unit density per the mixed -
use overlay; partnering with a third party developer to determine best options
for build -out and funding availabilities; management alternatives; proximity
to future CV Link project and multi -modal transportation options, and
walkability to nearby employment, commerce, and schools.
Commission expressed general support for the land acquisition as proposed.
MOTION - A motion was made and seconded by Commissioners
Casto/Davidson to recommend Housing Authority approval of Purchase and
Sale Agreement with BP Dune Palms, LP, by General Partner Blackpoint
Properties, LLC, to acquire a portion of certain property comprised of
approximately 5.2 acres located on the Northeast corner of Highway 111 and
Dune Palms Road (APN: 600-030-018). Motion passed unanimously.
STUDY SESSION - None
STAFF REPORTS AND INFORMATIONAL ITEMS - None
COMMISSIONER'S ITEMS - None
ADJOURNMENT
There being no further business, a motion was made and seconded by
Commissioners Chapman/Pacheco to adjourn the meeting at 6:26 p.m. Motion
passed unanimously.
Respectfully submitted,
REYNA CAMARENA, Commission Secretary
City of La Quinta, California
HOUSING COMMISSION MINUTES Page 3 of 3
SPECIAL MEETING
NOVEMBER 9, 2022
327
328
POWER POINTS
CITY COUNCIL
MEETING
DECEMBER 20, 2022
City Council Meeting
December 20,, 2022
City Council Meeting
Closed Session
December 20,, 2022
Pledgeigif Allegianc'
City Council Meeting
December 20, 2022
P1- Living Desert Presentation
T H E
PRIDE
OF THE DESERT
CAPITAL CAMPAIGN
THE LIVING DESERT
ZOO AND GARDENS
Me
THE LIVING DESERT
ZOO I GARDENS
OVER
100.9000
CHILDREN
each year learn
about our natural
,o
I
world. That's good
for the endangered
animals in our care
and the planet we
all share.
r OVA,.
_ �{� � ?+fir M(d ' •6 5 t�
AIM
s
Ice-
- - - ��
December 20, 2022
13
GLOBAL
CONSERVATION IMPACT PMEXICAN
WOLF
7 DESERT
TORTOISE
•�• •••• New Mexico
Mexican Wolf
.. .............
....... ... ..............
Coachella valley ••••• •�•���••••�•�•
.. .............. .. India ..,.,,,x ,a,K
.................. .............
Bighorn Sheep ........... ................. .................
............ ...... ....... ::::.:::::::::::: Lion
Caws June Beetle Leopard
Desert Tortoise
A F R I CA N
Desert Tortoise Chad Kenya
Desert Willow Black Rhino
Smoketme ScimRa— Black Rhino LION
Sonoran Pronghorn Homed Oryz • • Cheetah
Western Pond Turtle Elephant
Namibia • •••• Gravy's Zebra
Lion
Gulf of California Cheetah
Peninsular Pronghorn Paraguay Tanzania
vaquita Lowlantl Tapir South Africa
Greater Kudu Black Rhino
White Rhino Elephant — BLACK
Black Rhino Giraffe
RHINO
Botswana Zimbabwe
Cheetah African Wild Dog
14
7
December 20, 2022
15
MCA
8
December 20, 2022
35'0'0"E 40-O'0"E5�0'�'iE rabid ' 50_0'0"E
Eritrea Yemen
Asmara* ` naa*
15"0'0"N -
V
Sudan
Dji16)0)LA
1o�ao';N
Hargey Somaliland �
Addis Ababa* /
Ethiopia
Oma
C-�
15'0'0"N
10-0'0"N
5`0'0"N
N
60 120 160 240 306 Miies �1
�r� w r
100 200 300 400 Kilometers
s
50'0'0"E 55'0'0"E
17
IN
9
Why Should La Quinta
Support The Living Desert?
Your Residents Love
U °_
Your Residents Love�Us'
La Quinta Residents
Visited 15,200+ times last year _ zti: d, ,r
t.
The Living Desert has 10:` j
welcomed over 12M+
guests over the last 52
years.
What is the Impact
of Community
Support?
4
What is the Impact M
of Community
Support?
The Living Desert
has generated $500M
k
act to
of economic impact p
ALL: the Coachella Valley
��► �J, :, ��;� over the last 10 years.
r
That is $500,000,000 worth of
Jobs
Tourist Spending
Taxes
Professional Services
Utilities
14Kl
d RHINO SAVANNA
-
lww
110
4 „ *'
p;
1
December 20, 2022
M
Ylo
��•., •• _ � � Y -!1 .r�• 4 � 71.E : •.�'.• � ��� ��. •P �
11
14
WILDLIGHTS
Select Nights, Nov 22 - Dec 30
GLOW IN THE PARK
Nightly, Mar 15 - Apr 30
A
Staff Office and
Parking Lot Expansion
tuber 2023
�.
,Awl. t
T H E
P R I DE
OF THE DESERT
THE LIVING DESERT
CAPITAL CAMPAIGN
r
December 20, 2022
_ Jr•�YJ�
33
ie
�6 ,1+'•..tie �_
,7�yryAlIFTSP!
/
34
17
December 20, 2022
931
I�
December 20, 2022
s r �, s
/ � r 4. � y. �� i2 ram. Tr- .r,.fi a `�� �__ c � r iE ii.-'ice •�,�y,�rt.
37
19
--:
How can La Quinta help?
• Become an annual supporter
of our education programs
• Sponsor community activities
• Partner with our conservation
programs
• Naming opportunities available
I
CALIFORNIA
City Council Meeting
December 20, 2022
B1 - 2021/22 Year -End Budget Report
CAL
December 20, 2022
43
44
22
December 20, 2022
LIM
46
23
V
M
M
ca
LL
Fund Balance I As of June 30, 2021 1 As of June 30, 2022 1 Change in Value
Committed
Operational Carryovers
1,209,870
1,209,100 (770)
Cash Flow Reserve
5,000,000
5,000,000 -
Natural Disaster Reserve
10,000,000
10,000,000
Economic Disaster
11,000,000
11,000,000
Capital Replacement Reserve
10,000,000
10,000,000
a Total Committed
37,209,870 1
37,209,100 1 (770)
Public Safety Fire Services
Measure G Sales Tax
Capital Projects
Total Assigned
11,423,931 11,183,821 (240,110)
15,128,658 15,355,043 226,385
13,431,089 30,761,847 17'330,758
9.983,678 57.300.711 17,317,033
Measure G Summary
■ FY 21-22 Measure G Revenue : $15.6 million
■ Revenues since inception: $60.9 million
Discussion &
Questions
• Fiscally healthy & well
managed resources
• Build reserves &
improve resiliency
■ Focus on capital
improvements,
infrastructure and
paying down pension
plan _
r
City Council Meeting
December 20, 2022
62 - Village Undergrounding Feasibility Study
Agreement and Funding Appropriation
Recommended Actions
• Appropriate $24,315 of additional funding
from Unassigned Reserves
• Approve Agreement with NV5, Inc.
Background
• 2010: Initial Village Undergrounding Study prepared
• 2021 and 2022 Community Workshops: Village
Undergrounding identified as community priority
• Funding for feasibility study included in 2022/23 CIP
Feasibility Study Scope
• Current planning level dry utility cost estimate
update
• Phasing Plan for Area 2
— Commercial area and Francis Hack Lane
• Identify Special Construction Practices
• Stakeholder Meetings
• City Council Sessions / Findings
• Optional:
— Financial Analysis/Implementation Strategy
H Undergrounding
MINE, INE rr A� 01. N � IN,
Area Ma
Optional Tasks
• Provide specific financing options
• Preliminary cost estimates per area
• ""Financial Options" City Council study session
ii
December 20, 2022
M
58
29
CALIFORNIA
HAND OUTS
CITY COUNCIL
MEETING
DECEMBER 20, 2022
CITY COUNCIL MEETING - DECEMBER 20, 2022 - HAND OUT PROVIDED BY RESIDENT ALENA CALLIMANIS
MATTERS NOT ON THE AGENDA - REGARDING THE WAVE PROJECT AT CORAL MOUNTAIN
Thank you Regarding
Coral Mountain Property
Alena Callimanis
La Quinta, CA
U:Lo U1'
111 40 /o N
� Linda Evans
The Cove i d
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Linda Evans Author
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• The Cove
Shay - My vote will be to
preserve that zoning as is -
residential.
9*0
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