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2024-03-05 CC Agenda PacketAGENDA EL SEGUNDO CITY COUNCIL REGULAR MEETING TUESDAY, MARCH 5, 2024 4:00 PM CLOSED SESSION - CANCELED 6:00 PM OPEN SESSION CITY COUNCIL CHAMBER 350 MAIN STREET, EL SEGUNDO, CA 90245 Drew Boyles, Mayor Chris Pimentel, Mayor Pro Tern Carol Pirsztuk, Council Member Lance Giroux, Council Member Ryan W. Baldino, Council Member Tracy Weaver, City Clerk Matthew Robinson, City Treasurer Executive Team Darrell George, City Manager Mark Hensley, City Attorney Barbara Voss, Deputy City Manager Paul Chung, Chief Operating Officer Jaime Bermudez, Police Chief George Avery, Fire Chief Michael Allen, Community Development Dir. Rebecca Redyk, HR Director Jose Calderon, IT Director Elias Sassoon, Public Works Dir. Aly Mancini, Recreation, Parks & Library Dir MISSION STATEMENT: "Provide a great place to live, work, and visit." VISION STATEMENT: "Be a global innovation leader where big ideas take off while maintaining our unique small-town character." 1 Page 1 of 95 The City Council, with certain statutory exceptions, can only act upon properly posted and listed agenda items. Any writings or documents given to a majority of City Council regarding any matter on this agenda that the City received after issuing the agenda packet are available for public inspection in the City Clerk's Office during normal business hours. Such documents may also be posted on the City's website at www.elsegundo.org and additional copies will be available at the City Council meeting. Unless otherwise noted in the agenda, the public can only comment on City -related business that is within the jurisdiction of the City Council and/or items listed on the agenda during the Public Communications portions of the Meeting. Additionally, members of the public can comment on any Public Hearing item on the agenda during the Public Hearing portion of such item. The time limit for comments is five (5) minutes per person. Those wishing to address the City Council are requested to complete and submit to the City Clerk a "Speaker Card" located at the Council Chamber entrance. You are not required to provide personal information in order to speak, except to the extent necessary for the City Clerk to call upon you, properly record your name in meeting minutes and to provide contact information for later staff follow-up, if appropriate. When a Council Member duly requires AB 2449 teleconferencing to attend the City Council meeting the public will also be able to access the meeting and provide public comment via Zoom. To access Zoom from a PC, Mac, iPad, iPhone, or Android device, use URL https://zoom.us/m/ 81951332052 and enter PIN: 903629 or visit www.zoom.us on device of choice, click on "Join a Meeting" and enter meeting ID: 81951332052 and PIN: 903629. If joining by phone, dial 1-669-900-9128 and enter meeting ID and PIN. To reiterate, attending a City Council meeting by Zoom will only be used when AB 2449 is used. NOTE: Your phone number is captured by the Zoom software and is subject to the Public Records Act, dial *67 BEFORE dialing in to remain anonymous. Members of the public will be placed in a "listen only" mode and your video feed will not be shared with City Council or members of the public. REASONABLE ACCOMMODATIONS: In compliance with the Americans with Disabilities Act and Government Code Section 54953(g), the City Council has adopted a reasonable accommodation policy to swiftly resolve accommodation requests. The policy can also be found on the City's website at https.11www.else_qundo.or_g/_govemmentldepartments/city-clerk. Please contact the City Clerk's Office at (310) 524-2308 to make an accommodation request or to obtain a copy of the policy. 2 Page 2 of 95 4:00 PM CLOSED SESSION — CALL TO ORDER / ROLL CALL - CANCELED 6:00 PM — CONVENE OPEN SESSION — CALL TO ORDER / ROLL CALL INVOCATION — Pastor Rob McKenna, Bridge Church PLEDGE OF ALLEGIANCE — Council Member Baldino SPECIAL PRESENTATIONS 1. Introduction of Newly Hired Police Officers PUBLIC COMMUNICATIONS — (RELATED TO CITY BUSINESS ONLY — 5 MINUTE LIMIT PER PERSON, 30 MINUTE LIMIT TOTAL) Individuals who have received value of $50 or more to communicate to the City Council on behalf of another, and employees speaking on behalf of their employer, must so identify themselves prior to addressing the City Council. Failure to do so shall be a misdemeanor and punishable by a fine of $250. While all comments are welcome, the Brown Act does not allow Council to take action on any item not on the agenda. The Council will respond to comments after Public Communications is closed. CITY MANAGER FOLLOW-UP COMMENTS — (Related to Public Communications) A. PROCEDURAL MOTIONS Read All Ordinances and Resolutions on the Agenda by Title On Recommendation - Approval B. CONSENT 2. City Council Meetina Minutes Recommendation - 1. Approve regular City Council meeting minutes for February 20, 2024. 2. Alternatively, discuss and take other action related to this item. 3. Warrant Demand Register for January 29, 2024 through February 11, 2024 Recommendation - 1. Ratify payroll and employee benefit checks; checks released early due to contracts or agreements; emergency disbursements and/or adjustments; and, wire transfers. 2. Approve Warrant Demand Register numbers 15A and 1513: warrant numbers 3049238 through 3049394, and 9003087 through 9003104. 3. Alternatively, discuss and take other action related to this item. 3 Page 3 of 95 4. Purchase Seven Unmarked/Investigative Police Vehicles and Associated Vehicle Lighting and Service Equipment Recommendation - 1. Purchase and replace seven unmarked/investigative police vehicles using funds from the Equipment Replacement Fund and C.O.P. S. Fund via local dealerships for approximately $266,700.00 with an additional $26,670.00 as a contingency fund for potential inflation and unforeseen supply chain issues. 2. Purchase emergency lighting and in-service equipment from the South Bay Regional Public Communications Authority through the City's existing contract and Use Equipment Replacement Fund and C.O.P.S. Fund for the proposed seven vehicles, which may require modification, for approximately $35,000.00. 3. Waive bidding requirements pursuant to El Segundo Municipal Code §1- 7-9(a) by finding that the City's best interests are served by a direct award of a contract without a competitive selection process. 4. Authorize the sale/auction of seven vehicles via the Public Works department. 5. Alternatively, discuss and take other action related to this item. 5. Construction Contract and Construction Inspection Contract Awards for the Water Main Improvements Project Along California Street, Sycamore Avenue, and Elm Avenue Recommendation - Authorize the City Manager to execute a Standard Public Works Construction Contract with Dominguez General Engineering, Inc. in the amount of $1,476,738.00 for the Water Main Improvements Project, Project No. PW 23-15, and authorize an additional $220,000.00 as contingency funds for potential unforeseen conditions. 2. Authorize the City Manager to execute a Professional Services Agreement with Anser Advisory Management, LLC for $93,000 for construction inspection services for this project and authorize an additional $12,000 as contingency funds for potential unforeseen conditions. 3. Alternatively, discuss and take other action related to this item. 0 Page 4 of 95 6. Amendment to the Professional Services Agreement with The Intersect Group for Temporary Staffing Services Recommendation - Authorize the City Manager to approve a sixth amendment to contract No. 6062 with The Intersect Group for an additional $175,000 to increase the contract authority in FY 2023-24 to $525,000. 2. Alternatively, discuss and take other action related to this item. 7. Waiver of Special Event Permit Fees (75%) for the Kiwanis Club "Chilipalooza" Event Recommendation - 1. Approve a 75% waiver of special event permit fees for the Kiwanis "Chilipalooza" event. 2. Alternatively, discuss and take other action related to this item. C. PUBLIC HEARINGS D. STAFF PRESENTATIONS 8. Award of a Professional Services Agreement to MIG, Inc. for Design Services for Phase 1 of the Recreation Park Renovation Proiect Recommendation - Authorize the City Manager to execute a professional services agreement with MIG, Inc. for an amount of $775,703 for phase 1 of the Recreation Park Renovations Project, and authorize an additional funding of $124,297 for design related contingencies. 2. Alternatively, discuss and take other action related to this item. 9. Construction Contract Award and Design Support Services Contract Award for the Urho Saari Swim Stadium / Plunge Renovation Project Recommendation - Authorize the City Manager to execute a standard public works construction contract with Morillo Construction, Inc. in the amount of $12,988,000 for the Urho Saari Swim Stadium / Plunge Renovation Project (No. PW 24-02), and authorize additional funding of $1,300,000 for construction related contingencies. 5 Page 5 of 95 2. Authorize the City Manager to execute a professional services agreement with Arcadis for $329,614 by direct contract award for architectural and engineering support services during the project's construction phase. 3. Appropriate $9,230,494 from the General Fund Reserves to the Plunge Rehabilitation account (301-400-8186-8236), including a loan of $4,730,494 from the General Fund to the Capital Improvement Fund, as described further in the "Fiscal Impact" section of this report. 4. Alternatively, discuss and take other action related to this item. 10. Construction Contract Award for the Main Street/Imperial Highway Monument Entry Feature Sian Proiect Recommendation - 1. Authorize the City Manager to execute a standard Public Works Construction Contract with Square Signs LLC dba Front Signs in the amount of $347,489.25 for the construction of the Main Street/Imperial Highway Monument Entry Feature Sign Project, Project No. PW 23-04, and authorize an additional funding of $70,000 for construction related contingencies. 2. Alternatively, discuss and take other action related to this item. E. COMMITTEES, COMMISSIONS AND BOARDS PRESENTATIONS F. REPORTS - CITY CLERK G. REPORTS - CITY TREASURER 11. Investment Portfolio Report for December 2023 Recommendation - 1. Receive and file the Investment Portfolio Report dated December 2023. 2. Alternatively, discuss and take other action related to this item. :M:14as] A&IKole] 110Is] 10►VAIaI►VA1:321d-V COUNCIL MEMBER BALDINO COUNCIL MEMBER GIROUX COUNCIL MEMBER PIRSZTUK MAYOR PRO TEM PIMENTEL 0 Page 6 of 95 MAYOR BOYLES I. REPORTS - CITY ATTORNEY J. REPORTS/FOLLOW-UP - CITY MANAGER CLOSED SESSION The City Council may move into a closed session pursuant to applicable law, including the Brown Act (Government Code Section §54960, et seq.) for the purposes of conferring with the City's Real Property Negotiator; and/or conferring with the City Attorney on potential and/or existing litigation; and/or discussing matters covered under Government Code Section §54957 (Personnel), and/or conferring with the City's Labor Negotiators. REPORT OF ACTION TAKEN IN CLOSED SESSION (if required) MEMORIALS — • Chris Barrett, Retired El Segundo Police Officer • Bill Brand, Redondo Beach Mayor ADJOURNMENT POSTED: DATE: February 29, 2024 TIME: 10:00 AM BY: Tracy Weaver, City Clerk 7 Page 7 of 95 MEETING MINUTES OF THE EL SEGUNDO CITY COUNCIL TUESDAY, FEBRUARY 20, 2024 CLOSED SESSION — Due to lack of quorum at 4:30 PM, Mayor Pro Tern Pimentel called the meeting to order at 4.32 PM. ROLL CALL Mayor Boyles - Absent Mayor Pro Tern Pimentel - Present Council Member Pirsztuk - Present Council Member Giroux - Present Council Member Baldino - Present PUBLIC COMMUNICATION — (Related to City Business Only — 5-minute limit per person, 30-minute limit total) SPECIAL ORDER OF BUSINESS: Mayor Pro Tern Pimentel announced that Council would be meeting in closed session pursuant to the items listed on the agenda. CONFERENCE WITH LEGAL COUNSEL — Existing Litigation (Gov't Code §54956.9(d)(1): -3- Matter(s) 1. Steven Paulsen (retired Police Officer) v. City of El Segundo, Workers Compensation Appeals Board, Case No. ADJ13879462 2. In re Endo International plc, et al., United States Bankruptcy Court (Southern District of New York), Case No. 22-22549 (JLG) 3. City of El Segundo v. Wiseburn Unified School District, Los Angeles Superior Court Case No. 23TRCVO1031 CONFERENCE WITH LEGAL COUNSEL —ANTICIPATED LITIGATION Threats to Significant exposure/- to litigation pursuant to (Government Code §54956.9(d)(2) or (d)(3)): -1- matter(s). 1. Government Tort Claim by Keith Puckett CONFERENCE WITH CITY'S LABOR NEGOTIATOR (GOV'T CODE §54957.6): -1- MATTER(S) 1. Employee Organization: Fire Fighters' Association (FFA) EL SEGUNDO CITY COUNCIL MEETING MINUTES FEBRUARY 20, 2024 PAGE 1 Page 8 of 95 Representatives: City Manager, Darrell George, Human Resources Director, Rebecca Redyk, and Laura Drottz Kalty Adjourned at 5:50 PM OPEN SESSION — Mayor Pro Tern Pimentel called to order at 6.00 PM ROLL CALL Mayor Boyles - Absent Mayor Pro Tern Pimentel - Present Council Member Pirsztuk - Present Council Member Giroux - Present Council Member Baldino - Present INVOCATION — Pastor Scott Tannehill, The Bridge Church PLEDGE OF ALLEGIANCE — Mayor Pro Tern Pimentel SPECIAL PRESENTATIONS: 1. Lily Craig, Chamber Board President and Marsha Hansen, CEO/President El Segundo Chamber of Commerce announced the 2023 Holiday Parade Winners. PUBLIC COMMUNICATIONS — (Related to City Business Only — 5-minute limit per person, 30-minute limit total) Ken Wogomon, Jim DeCordova, Cheryl Smith, Lisa Mammone, Pat Curry, Jason Taback, Cathy Mai, Michael Mai, Nathan Brown, Jim Woods, Carmen Curry, Steve Voboril, Chris King and Christian Bravo, all residents commented on the parking situation on Washington Street/Kansas Street. Heather Sutherland, resident, invited Council to the Honorary Service Awards on Monday, March 4 at 4:30 PM at the El Segundo High School Performing Arts Center. CITY MANAGER FOLLOW-UP COMMENTS: A. Read all Ordinances and Resolutions on the Agenda by Title Only. MOTION by Council Member Giroux, SECONDED by Council Member Pirsztuk to read all ordinances and resolutions on the agenda by title only. MOTION PASSED BY A UNANIMOUS VOTE. 4/0 B. CONSENT: 2. Approve Regular City Council meeting minutes of February 6, 2024. (Fiscal Impact: None) EL SEGUNDO CITY COUNCIL MEETING MINUTES FEBRUARY 20, 2024 PAGE 2 Page 9 of 95 3. Approve warrants demand register for January 22, 2024 through January 28, 2024, numbers 14C: warrant numbers 3049123 through 3049237, and 9003084 through 9003086. Ratify Payroll and employee benefit Checks; Checks released early due to contracts or agreement; Emergency disbursements and/or adjustments; and, Wire transfers. (Fiscal Impact: $1,918,662.71 ($1,237,038.02 in check warrants and $681,624.69 in wire warrants)) MOTION by Council Member Pirsztuk SECONDED by Council Member Baldino, approving Consent items 2 and 3. MOTION PASSED BY A UNANIMOUS VOTE. 4/0 PULLED ITEMS: C. PUBLIC HEARING: 4. Public Hearing on the Bargaining Impasse Between the City of El Segundo and the El Segundo Firefighters' Association and Possible Action to Consider Unilateral Implementation of the City's Last, Best and Final Offer with Related Terms and Conditions of Employment and Associated Amendment of City Medical Contributions. (Fiscal Impact: There is no fiscal impact to conduct a public hearing. After the public hearing, should the City Council implement the City's Last, Best, and Final Offer ("LBFO"), the fiscal impact is estimated to be $169,000 over a one-year period) Mayor Pro Tem Pimentel stated this was the time and place conduct a public hearing regarding the bargaining impasse between the City of El Segundo and the El Segundo Firefighters' Association regarding terms and conditions of employment. Clerk Weaver stated that proper notice had been given in a timely manner and that no written communication had been received. Laura Drottz Kalty, Liebert & Cassidy gave a presentation. Public Input: Geoff Gerny, Rebecca Stack, Fred Curcio, Danielle McMillion, Anna Marie Van Hoesen, Scott Houston, James Falls, Peter Heck, and Gregory Van Hoesen all spoke on behalf of the Fire Department. MOTION by Council Member Giroux, SECONDED by Council Member Baldino to close the public hearing. MOTION PASSED BY A UNANIMOUS VOTE. 4/0 Council discussion Mark Hensley, City Attorney read by title only: EL SEGUNDO CITY COUNCIL MEETING MINUTES FEBRUARY 20, 2024 PAGE 3 Page 10 of 95 RESOLUTION NO. 5467 A RESOLUTION IMPOSING THE CITY'S LAST, BEST, AND FINAL OFFER TO THE EL SEGUNDO FIREFIGHTERS' ASSOCIATION, IAFF, LOCAL 3682 (ESFA), PURSUANT TO GOVERNMENT CODE SECTION 3505, ET SEQ. AND IMPLEMENTING THE RELATED TERMS AND CONDITIONS OF EMPLOYMENT MOTION by Council Member Baldino, SECONDED by Council Member Pirsztuk adopting Resolution No. 5467. MOTION PASSED BY A UNANIMOUS VOTE. 4/0 Mark Hensley, City Attorney read by title only: RESOLUTION NO. 5468 FIXING THE EMPLOYER CONTRIBUTION UNDER THE PUBLIC EMPLOYEES' MEDICAL AND HOSPITAL CARE ACT AT AN EQUAL AMOUNT FOR EMPLOYEES AND ANNUITANTS WITH RESPECT TO A RECOGNIZED EMPLOYEE ORGANIZATION 004 EL SEGUNDO FIREFIGHTERS' ASSOCIATION MOTION by Council Member Baldino, SECONDED by Council Member Giroux adopting Resolution No. 5468. MOTION PASSED BY A UNANIMOUS VOTE. 4/0 5. Strategic Plan Mid -Year Update (Fiscal Impact: None) Barbara Voss, Deputy City Manager gave a presentation Council discussion Council consensus to receive and file the update. 6. Mid -Year Budget and Second Quarter Fiscal Year 2023-2024 Financial Report (Fiscal Impact: The proposed General Fund, Transportation Fund, Development Services Trust, Other Special Revenue, and Recreation and Economic Development Trust Fund Budget adjustments are necessary to ensure continued City services, as well as ensure City Council strategic goals are implemented. The total fiscal impact to the General Fund is an increase in appropriations of $117,315 and a net increase of $175,619 to non -General Fund) Paul Chung, Chief Operating Officer gave a presentation. Council discussion Council consensus to receive and file the presentation. EL SEGUNDO CITY COUNCIL MEETING MINUTES FEBRUARY 20, 2024 PAGE 4 Page 11 of 95 MOTION by Council Member Giroux, SECONDED by Council Member Pirsztuk amending FY 2023-24 Recreation and Economic Development Trust Fund Revenues from $1,050,000 to $1,066,980, General Fund Appropriations from $96,879,693 to $96,997,008, Transportation Fund Appropriations from $16,725,802 to $16,775,802, Development Services Trust Appropriations from $519,522 to $539,190, Other Special Revenue Appropriations from $1,232,605 to $1,259,005, Recreation and Economic Development Trust Fund Appropriations from $188,400 to $284,931 (see exhibit A for details on above amendments) and approve reclassifying $42,423 from 001-264-0000- 8840 Designated Smoky Hollow Parking in Lieu to 001-299-0000-2990 General Fund Unassigned Fund Balance and the All City Management Crossing Guard Services Amendment #13 which, with an additional appropriation of $17,315, will increase the not -to -exceed amount to $164,037. MOTION PASSED BY A UNANIMOUS VOTE. 4/0 7. Establishment of a Youth Advisory Council (Fiscal Impact: The fiscal impact of the development and implementation of the Youth Advisory Council ("YAC") is approximately $1,000, which will be requested in the FY 2024-25 budget. In addition, staff time will be required to facilitate the monthly meetings which will be absorbed in the FY 2024-25 budget) Barbara Voss, Deputy City Manager introduced the item. Stephanie Reis, Executive Assistant gave a presentation. Council discussion MOTION by Council Member Pirsztuk, SECONDED by Council Member Giroux authorizing the establishment of a Youth Advisory Council as an educational program for local high school students. MOTION PASSED BY A UNANIMOUS VOTE. 4/0 MOTION by Council Member Pirsztuk, SECONDED by Council Member Giroux and authorizing City staff to conduct interviews and select Youth Advisory Council members. MOTION PASSED BY A UNANIMOUS VOTE. 4/0 MOTION by Council Member Pirsztuk, SECONDED by Council Member Giroux approving the proposed implementation recommendations as amended. MOTION PASSED BY A UNANIMOUS VOTE. 4/0 Amendments: • The Youth Advisory Council (YAC) to comprise of High School students, Freshman - Seniors. • YAC to meet September through May, with a presentation and recognition of the Council in June. • YAC selection to begin in May with the first meeting in September. E. COMMITTEES, COMMISSIONS AND BOARDS: None F. REPORTS — CITY CLERK — Mentioned the Vote by Mail ballot box is now open. EL SEGUNDO CITY COUNCIL MEETING MINUTES FEBRUARY 20, 2024 PAGE 5 Page 12 of 95 G. REPORTS — CITY TREASURER — Not present H. REPORTS — COUNCIL MEMBERS Council Member Baldino — Invited the community to attend a Blue Butterfly environmental planning session on Friday, February 241" from 10:00 am to 2.00 pm on West Imperial between Loma Vista and Hillcrest. Chevron has donated 250 native plants for the creation of a new Blue Butterfly environment. Council Member Giroux — Invited the community out to the ESHS Boys' Basketball CIF Finals on Friday at 4:00 PM at Azuza Pacific. Good Luck to the boys. Council Member Pirsztuk — Reminded the community to use the "Report It" button to report potholes or other issues the streets may have after the current rain storm, would like the following items placed on a future agenda; pumps at Eucalyptus (near Stevenson Field), Code Enforcement regarding parking issues in town and outdoor dining. Reminded all that tomorrow is the last day to apply for the earthquake retrofit grant through the City of El Segundo. Mayor Pro Tern Pimentel — Attended a regional Transportation Committee meeting with Elias Sassoon, Public Works Director, will attend the Sanitation meeting tomorrow and commented on the Defense Tech Hackathon that took place over the weekend, the event was extremely successful. A second meeting may take place in March. Mayor Boyles — Absent REPORTS — CITY ATTORNEY — No report J. REPORTS/FOLLOW-UP —CITY MANAGER — Attended the Defense Tech Hackathon and gave an update on the Hyperion Treatment Plant. MEMORIAL — None Adjourned at 8:42 PM Tracy Weaver, City Clerk EL SEGUNDO CITY COUNCIL MEETING MINUTES FEBRUARY 20, 2024 PAGE 6 Page 13 of 95 City Council Agenda Statement F I, F �' t' 1\ 1) 0Meeting Date: March 5, 2024 Agenda Heading: Consent Item Number: B.3 TITLE: Warrant Demand Register for January 29, 2024 through February 11, 2024 RECOMMENDATION: Ratify payroll and employee benefit checks; checks released early due to contracts or agreements; emergency disbursements and/or adjustments; and, wire transfers. 2. Approve Warrant Demand Register numbers 15A and 15B: warrant numbers 3049238 through 3049394, and 9003087 through 9003104. 3. Alternatively, discuss and take other action related to this item. FISCAL IMPACT: The warrants presented were drawn in payment of demands included within the FY 2023-2024 Adopted Budget. The total of $2,162,924.40 ($617,638.89 in check warrants and $1,545,285.51 in wire warrants) are for demands drawn on the FY 2023-2024 Budget. :1_T61201:tell] Z 113 California Government Code Section 37208 provides General Law cities flexibility in how budgeted warrants, demands, and payroll are audited and ratified by their legislative body. Pursuant to Section 37208 of the California Government Code, warrants drawn in payments of demands are certified by the City's Chief Financial Officer and City Manager as conforming to the authorized expenditures set forth in the City Council adopted budget need not be audited by the City Council prior to payment, but may be presented to the City Council at the first meeting after delivery. In government finance, a warrant is a written order to pay that instructs a federal, state, county, or city government treasurer to pay the warrant holder on demand or after a specific date. Such warrants look like checks and clear through the banking system like Page 14 of 95 Warrant Demand Register March 5, 2024 Page 2 of 2 checks. Warrants are issued for payroll to individual employees, accounts payable to vendors, to local governments, and to companies or individual taxpayers receiving a refund. DISCUSSION: The attached Warrants Listing delineates the warrants that have been paid for the period identified above. The Chief Financial Officer certifies that the listed warrants were drawn in payment of demands conforming to the adopted budget and that these demands are being presented to the City Council at its first meeting after the delivery of the warrants. CITY STRATEGIC PLAN COMPLIANCE: Goal 5: Champion Economic Development and Fiscal Sustainability Objective 5B: El Segundo approaches its work in a financially strategic and responsible way. PREPARED BY: Liz Lydic, Management Analyst REVIEWED BY: Paul Chung, Chief Financial Officer APPROVED BY: Barbara Voss, Deputy City Manager ATTACHED SUPPORTING DOCUMENTS: 1. Register 15a - summary 2. Register 15b -revised- summary Page 15 of 95 3049243 - 3049313 9003087 - 9003088 001 GENERAL FUND 243,478.85 003 EXPENDABLE TRUST FUND -OTHER - 104 TRAFFIC SAFETY FUND - 106 STATE GAS TAX FUND - 108 ASSOCIATED RECREATION ACTIVITIES FUND - 109 ASSET FORFEITURE FUND 632.94 110 MEASURE "R" 2,640.00 111 COMM. REVEL. BLOCK GRANT - 112 PROP "A" TRANSPORTATION - 114 PROP"C"TRANSPORTATION - 115 AIR QUALITY INVESTMENT PROGRAM - 116 HOME SOUND INSTALLATION FUND - 117 HYPERION MITIGATION FUND - 118 TDA ARTICLE 3- SB 821 BIKEWAY FUND - 119 MTA GRANT - 121 FEMA 120 C.O.P.S. FUND - 122 LAW A. FUND - 123 PSAF PROPERTY TAX PUBLIC SAFETY 3,487.39 124 FEDERAL GRANTS - 125 STATE GRANT - 126 A/P CUPA PROGRAM OVERSIGHT SURCHARGE - 127 MEAURE"M" - 128 SB-1 129 CERTIFIED ACCESS SPECIALIST PROGRAM - 130 AFFORDABLE HOUSING - 131 COUNTY STORM WATER PROGRAM 2,625.00 132 MEASURE"B" - 301 CAPITAL IMPROVEMENT FUND 87,682.00 302 INFRASTRUCTURE REPLACEMENT FUND - 405 FACILITIES MAINTENANCE - 501 WATER UTILITY FUND 2,442.98 502 WASTEWATER FUND 1,499.50 503 GOLF COURSE FUND - 504 SENIOR HOUSING CITY ATTORNEY - 505 SOLID WASTE FUND - 601 EQUIPMENT REPLACEMENT - 602 LIABILITY INSURANCE - 603 WORKERS COMP. RESERVEANSURANCE 196.00 701 RETIRED EMP.INSURANCE - 702 EXPENDABLE TRUST FUND -DEVELOPER FEES - 704 EXPENDABLE TRUST FUND - OTHER - 708 OUTSIDE SERVICES TRUST TOTAL WARRANTS 344,684.66 STATE OF CALIFORNIA COUNTY OF LOS ANGELES Information on actual expenditures is available in the Chief Financial Officer's office in the City of El Segundo. I certify as to the accuracy of the Demands and the availability of fund for payment there. For Approval: Regular checks held for City council authorization to release. CODES. R = Computer generated checks for all non-emergency/urgency payments for materials, supplies and services in support of City Operations For Ratification: A = Payroll and Employee Benefit checks CITY OF EL SEGUNDO WARRANTS TOTALS BY FUND DATE OF APPROVAL: AS OF 2/28/24 NOTES: Replacement Checks: 3049238-3049242 B - F = Computer generated Early Release disbursements and/or adjustments approved by the City Manager. Such as: payments for u81ity services, petty cash and employee travel expense reimbursements, various refunds, contract employee services consistent with current contractual agreements, instances where prompt payment discounts can be obtained or late payment penalties can be avoidedEa when a situation arises that the City Manager approves, ,r H = Handwritten Early Release disbursements and/or adjustments approved by the City Manager. !//{►r-14(VI' CHIEF FINANCIAL OFFICER CITY MANAGER DATE: j� / L%;`%/ DATE: L'-7/ ) am- \ Z REGISTER N15a Page 16 of 95 CITY DFBSEGUNOO WARRANTS TOTALS 8YDEPARTMENT AGOF2Q0/24 REG|3TER#15a OEPT# NAME TOTAL GENERAL FUND DEPARTMENTAL EXPENDITURES GENERAL GOVERNMENT 1101 City Council 1201 City Treasurer 1300 City Clerk 11731 2101 City Manager 5.774.00 2102 Communications 2103 BSegundo Media 2201 City Attorney 2401 Economic Development 2402 Planning 2405 Human and Health Services 2500 Administrative Services 5.386.90 2801 Government Buildings 5.844.71 2900 Nondepartmenta| 27.489.39 6100 Library 1934 44,622.05 PUBLIC SAFETY 3100 Police 16.200.80 3200 Fire 19.363.89 2403 Building Safety 197.10 2404 Ping/Bldg SftyAdministration 35,769.85 PUBLIC WORKS 4101 Engineering 9.783.33 4200 Streets 21.627.81 4300 Wastewater 218,87 4601 Equipment Maintenance 1.480.81 4801 Administration 75.76 33,186.08 COMMUNITY DEVELOPMENT 5100.5200 Recreation &Parks 80.202.14 5400 Centennial 80.282.14 EXPENDITURES CAPITAL IMPROVEMENT 87.682.00 ALL OTHER ACCOUNTS 83.162.54 TOTAL WARRANTS 34468400 Page 17 of 95 CITY OF EL SEGUNDO PAYMENTS BY WIRE TRANSFER 01/29/24 THROUGH 02/04/24 Date Payee Description 1/31/2024 CA Infrastructure Bank 73,800.06 Semi Annual Infrastructure payment 2/2/2024 Unum 132.10 Long Term Care Premium - February 2024 2/2/2024 Mission Square 64,694.07 457 payment Vantagepoint 2/2/2024 Mission Square 1,080,00 401(a) payment Vantagepoint 2/2/2024 Mission Square 3,048.85 401(a) payment Vantagepoint 2/2/2024 Mission Square 100.00 IRA payment Vantagepoint 2/2/2024 ExpertPay 2,365.29 EFT Child support payment 01/22/24-01/28/24 Workers Comp Activity 50,696.52 SCRMA checks issued/(voided) 01/22/24-01/28/24 Liability Trust - Claims - Claim checks issued/(voided) 01/22/24-01/28/24 Retiree Health Insurance 11,358.55 Health Reimbursment checks issued 207,275.44 DATE OF RATIFICATION: 02/06/24 TOTAL PAYMENTS BY WIRE: Certified as to the accuracy of the wire transfers by: Treasury & Custom Services Manager Dat Chief Financial Officer Date L7—(zzy City Manager Date Information on actual expenditures is available in the City Treasurer's Office of the City of El Segundo. 207,275.44 P:\City Treasurer\Wire Transfers\Wire Transfers 07-01-23 to 6-30-24 2/6/2024 1/1 Page 18 of 95 3Q49314 3049394 AM d- jg9003104 uj l.V 001 GENERAL FUND 155,931.25 D03 EXPENDABLE TRUST FUND - OTHER 5,826.86 104 TRAFFIC SAFETY FUND - 106 STATE GAS TAX FUND - 108 ASSOCIATED RECREATION ACTIVITIES FUND - 109 ASSET FORFEITURE FUND 2,525.12 110 MEASURE"R" - 11 1 COMM. REVEL. BLOCK GRANT - 112 PROP "A" TRANSPORTATION 110.00 114 PROP "C"TRANSPORTATION - 115 AIR QUALITY INVESTMENT PROGRAM - 116 HOME SOUND INSTALLATION FUND - 117 HYPERION MITIGATION FUND - 118 TDA ARTICLE 3 - SB 821 BIKEWAY FUND - 119 MTA GRANT - 121 FEMA 120 C.O.P.S. FUND - 122 LAW .A -FUND - 123 PSAF PROPERTY TAX PUBLIC SAFETY 4,210.05 124 FEDERAL GRANTS - 125 STATE GRANT - 126 A/P CUPA PROGRAM OVERSIGHT SURCHARGE 140.66 127 MEAURE"M" 1,400.00 128 SB-1 129 CERTIFIED ACCESS SPECIALIST PROGRAM 434,31 130 AFFORDABLE HOUSING - 131 COUNTY STORM WATER PROGRAM - 132 MEASURE"B" - 301 CAPITAL IMPROVEMENT FUND 1,232.00 302 INFRASTRUCTURE REPLACEMENT FUND - 405 FACILITIES MAINTENANCE - 501 WATER UTILITY FUND 14,024.23 502 WASTEWATER FUND 3,694.83 503 GOLF COURSEFUND - 504 SENIOR HOUSING CITY ATTORNEY - 505 SOLID WASTE FUND - 601 EQUIPMENT REPLACEMENT - 602 LIABILITY INSURANCE 4.88 603 WORKERS COMP. RESERVE/INSURANCE 14.97 701 RETIRED EMP. INSURANCE - 702 EXPENDABLE TRUST FUND -DEVELOPER FEES - 704 EXPENDABLE TRUST FUND - OTHER 143.11 708 OUTSIDE SERVICES TRUST 83,261096 TOTAL WARRANTS 272,954.23 STATE OF CALIFORNIA COUNTY OF LOS ANGELES Information on actual expenditures is available in the Chief Financial Officer's office in the City of El Segundo. I certify as to the accuracy of the Demands and the availability of fund for payment lhereo For Approval: Regular checks held for City council authorization to release. CODES: R = Computer generated checks for all non-emergency/urgency payments for materials, supplies and services in support of City Operations For Ratification: A = Payroll and Employee Benefit checks NOTES: CITY OF EL SEGUNDO WARRANTS TOTALS BY FUND DATE OF APPROVAL: AS OF 2120124 REGISTER 016b B - F = Computer generated Early Release disbursements and/or adjustments approved by the City Manager. Such as: payments for utility services, petty cash and employee travel expense reimbursements, various refunds, contract employee services consistent with current contractual agreements, instances where prompt payment discounts can be obtained or late payment penalties can be avoided or when a situation arises that the City Manager approves. H = Handwritten Early Release disbursements and/or adjustments approved by the City Manager. CHIEF FINANCIAL OFFICER CITY MANAG DATE: / �i/ GATE: � ^ I 2 Page 19 of 95 CITY OF EL SEGUNDO WARRANTS TOTALS BY DEPARTMENT AS OF 2/20/24 REGISTER #15b DEPT# NAME TOTAL GENERAL FUND DEPARTMENTAL EXPENDITURES GENERAL GOVERNMENT 1101 City Council 1,652.00 1201 City Treasurer 836.34 1300 City Clerk 2,323.42 2101 City Manager 9,029.92 2102 Communications 6,070.82 2103 El Segundo Media 2201 City Attorney 2401 Economic Development 8,030.58 2402 Planning 2405 Human and Health Services 1,190.00 2500 Administrative Services 8,130.23 2601 Government Buildings 25,674.71 2900 Nondepartmental 888.46 6100 Library 1,326.72 65,153,20 PUBLIC SAFETY 3100 Police 1,951.81 3200 Fire 25,619.65 2403 Building Safety 2404 Ping/Bldg Sfty Administration 80.00 27,651.46 PUBLIC WORKS 4101 Engineering 2,079.68 4200 Streets 1,196.30 4300 Wastewater 372.33 4601 Equipment Maintenance 5,876.83 4801 Administration 9,525.14 COMMUNITY DEVELOPMENT 5100,5200 Recreation & Parks 17,376.52 5400 Centennial 17, 376.52 EXPENDITURES CAPITAL IMPROVEMENT 1,232.00 ALL OTHER ACCOUNTS 152,015.91 TOTAL WARRANTS 272,954.23 Page 20 of 95 CITY OF EL SEGUNDO PAYMENTS BY WIRE TRANSFER 02/05/24 THROUGH 02/11/24 Date Payee 2/5/2024 IRS 2/5/2024 Employment Development 2/5/2024 2/7/2024 2/7/2024 2/7/2024 2/7/2024 2/7/2024 2/7/2024 2/7/2024 Employment Development Cal Pers Cal Pers Cal Pers Cal Pers Cal Pers Cal Pers Cal Pers 2/8/2024 Pitney Bowes 2/9/2024 Cal Pers 01/29/24-02/04/24 Workers Comp Activity 01/29/24-02/04/24 Liability Trust - Claims 01/29/24-02/04/24 Retiree Health Insurance DATE OF RATIFICATION: 02/12/24 TOTAL PAYMENTS BY WIRE: Description 262,602.81 Federal 941 Deposit 4,970.67 State SDI payment 59,915.83 State PIT Withholding 52,015.83 EFT Retirement Safety Police Classic - 1 st Tier 28 62,620.77 EFT Retirement Misc - PEPRA New 26013 54,556.25 EFT Retirement Safety Fire- Classic 30168 36,018.87 EFT Retirement Safety-Police-PEPRA New 25021 35,679.19 EFT Retirement Misc - Classic 27 20,498.29 EFT Retirement Safety-Fire-PEPRA New 25020 14,094.14 EFT Retirement Sfty Police Classic-2nd Tier 30169 10,000.00 Postage for City Hall 670,664.62 EFT Health Insurance Payment 29,948.35 SCRMA checks issued/(voided) 24,424.45 Claim checks issued/(voided) - Health Reimbursment checks issued 1,338,010.07 Certified as to the accuracy of the wire transfers by: Treasury & Cust er Services Manager Date ChOLKinancialOfficer - -- a"Su - City Manager L/` Date Date Information on actual expenditures is available in the City Treasurer's Office of the City of El Segundo. 1,338,010.07 PACity Treasurer\Wire Transfers\Wire Transfers 07-01-23 to 6-30-24 2/12/2024 1/1 Page 21 of 95 City Council Agenda Statement F I, F G t I) O Meeting Date: March 5, 2024 Agenda Heading: Consent Item Number: B.4 TITLE: Purchase Seven Unmarked/Investigative Police Vehicles and Associated Vehicle Lighting and Service Equipment RECOMMENDATION: Authorize the purchase and replacement of seven unmarked/investigative police vehicles using funds from the Equipment Replacement Fund and C.O.P. S. Fund via local dealerships for approximately $266,700.00 with an additional $26,670.00 as a contingency fund for potential inflation and unforeseen supply chain issues. 2. Authorize the purchase of emergency lighting and in-service equipment from the South Bay Regional Public Communications Authority through the City's existing contract and Use Equipment Replacement Fund and C.O.P.S. Fund for the proposed seven vehicles, which may require modification, for approximately $35,000.00. 3. Authorize the City Manager to execute the necessary agreements and documents to implement the proposed purchases. 4. Waive bidding requirements pursuant to El Segundo Municipal Code §1-7-9(a) by finding that the City's best interests are served by a direct award of a contract without a competitive selection process. 5. Authorize the sale/auction of seven vehicles via the Public Works department. 6. Alternatively, discuss and take other action related to this item. FISCAL IMPACT: The total amount of the seven vehicles, lighting, and equipment will be approximately $328,370.00. No additional appropriation is needed. Amount Budgeted: $182,000.00 from 601-400-3101-8105 (Equipment Page 22 of 95 Purchase Seven Unmarked/Investigative Police Vehicles. March 5, 2024 Page 2 of 4 Replacement Fund) Amount Budgeted: $111,370.00 from 120-400-0000-8104 (C.O.P.S. Fund) Amount Budgeted: $35,000.00 from 109-400-3109-8104 (Asset Forfeiture) The Citizens Option for Public Safety (C.O.P.S.) fund was originally adopted in AB3229 1996. The C.O.P.S. fund provides funding for front-line law enforcement from the state general fund. -7_Td11101:19111 0 113 The City has an Equipment Replacement List which maintains a record of City equipment, along with their replacement schedule and costs. The Police Department has seven (7) unmarked vehicles listed, past due for replacement. The vehicles are: • Two Chevrolet Impalas, model year 2007, due for replacement in 2017 • Two Nissan Altimas, model year 2009, due for replacement in 2019 • One Ford Explorer, model year 2009, due for replacement in 2019 • Two Pontiac Grand Prix, model year 2007, due for replacement in 2020 In FY 2011-2012, as a cost savings measure, the City extended the service life of the Police Department's unmarked/investigative police vehicles from five to ten years and adjusted their annual equipment replacement funding accordingly. With the increased service life imposed on the Department's fleet, many older vehicles have retained minimal equity due to high mileage and everyday wear and tear. Due to the Department going well beyond the original replacement dates, some by more than ten years, a few of these vehicles have been removed from service due to high repair costs and/or obsolete replacement parts. This has impacted the Department's ability to deploy a full fleet of fuel -efficient vehicles that optimize equity at the conclusion of their service life. Factory warranties for all of the unmarked fleet have expired and the City now absorbs the cost for all repairs. DISCUSSION: In addition to maintaining a fleet of marked patrol vehicles for routine patrol duties, the Department maintains several unmarked vehicles utilized for a variety of investigative purposes and other administrative tasks. Such tasks include covert surveillance of criminals, follow-up investigations with victims/witnesses, training as well as transporting evidence to the county crime lab. Currently, there is $182,000.00 in the equipment replacement account available for the purchase of seven vehicles. The approximate total cost to replace the seven vehicles is $293,370.00. The balance of $111,370 is available in the C.O.P.S. fund. It is important to note this total is approximate due to supply issues. The actual vehicles available at the time of purchase may vary from vehicles currently available. If the vehicles were to Page 23 of 95 Purchase Seven Unmarked/Investigative Police Vehicles. March 5, 2024 Page 3 of 4 be purchased through an existing vendor, lead times for delivery are estimated to be a minimum of seven months. The Department has contacted local dealerships in an effort to avoid the extended lead times for vehicles. Furthermore, purchasing the vehicles locally would allow the Department to deploy fuel -efficient administrative vehicles in under one month. Additionally, we will be using our existing contract with the South Bay Regional Public Communications Authority to purchase and install emergency lighting and equipment for the unmarked/investigative vehicles. The approximate total cost for the emergency lighting and equipment is $35,000. Existing law requires authorized emergency vehicles to be equipped with, at a minimum, a forward -facing steady red light. Current law and Department policy also require activation of emergency lighting and the use of a siren during Code 3 driving. All of our current unmarked/investigative vehicles are equipped with emergency lighting and equipment. Officers utilizing these unmarked/investigative vehicles may need to take enforcement action during the course of their duties, which would require proper lighting and equipment. The lighting would be installed so it could be seen by pedestrians and other motorists from all sides. The Department consulted with other City departments regarding the feasibility of installing electric vehicle charging stations in an effort to purchase fully electric vehicles. However, the City lacks the required infrastructure to support the required charging stations. The Department recommends that the City Council find that the City's best interest are served by direct award of contracts for the purchases contemplated above since, pursuant to El Segundo Municipal Code §1-7-9(a), cost savings will be maximized by expeditious procurement due to continuing supply issues. If approved, the Department will seek hybrid electric model vehicles with enhanced efficiency over current fleet vehicles. Maintenance staff was consulted and noted no negative issues in support of the purchase. INIVA&II01-A1Xr][02:JW_1ZKee] iyil9A/_10IN:$ Goal 2: Support Community Safety and Preparedness Objective A: El Segundo is a safe and prepared community PREPARED BY: Jeff Darringer, Police Sergeant REVIEWED BY: Jaime Bermudez, Police Chief APPROVED BY: Barbara Voss, Deputy City Manager Page 24 of 95 Purchase Seven Unmarked/Investigative Police Vehicles. March 5, 2024 Page 4 of 4 ATTACHED SUPPORTING DOCUMENTS: None Page 25 of 95 City Council Agenda Statement F I, F, G t I) O Meeting Date: March 5, 2024 Agenda Heading: Consent Item Number: B.5 TITLE: Construction Contract and Construction Inspection Contract Awards for the Water Main Improvements Project Along California Street, Sycamore Avenue, and Elm Avenue RECOMMENDATION: Authorize the City Manager to execute a Standard Public Works Construction Contract with Dominguez General Engineering, Inc. in the amount of $1,476,738.00 for the Water Main Improvements Project, Project No. PW 23-15, and authorize an additional $220,000.00 as contingency funds for potential unforeseen conditions. 2. Authorize the City Manager to execute a Professional Services Agreement with Anser Advisory Management, LLC for $93,000 for construction inspection services for this project and authorize an additional $12,000 as contingency funds for potential unforeseen conditions. 3. Alternatively, discuss and take other action related to this item. FISCAL IMPACT: Included in the adopted FY 2023-24 Budget. Amount Budgeted: $1,801,738 Additional Appropriation: None. Account Number(s): 1. $1,301,738 from 501-400-7103-8207 (Water Main Replacement) 2. $500,000 from 501-400-7103-8206 (Water Infrastructure) Page 26 of 95 Water Improvements Project March 5, 2024 Page 2 of 3 BACKGROUND: The City owns and is responsible for maintenance of its water distribution system. As part of the regular and ongoing infrastructure maintenance program, staff has identified the replacement and up -sizing of water mains in the following locations: • California Street - between Sycamore Avenue and Maple Avenue, • California Street - between East Palm Avenue and Mariposa Avenue, • Sycamore Avenue - between California Street and Washington Street, • East Palm Avenue - between California Street and Washington Street, and • East Elm Avenue - between California Street and Washington Street. Many of the City's water mains were installed in the early 1920s and are undersized to current standards. Also, the old age of the water lines can potentially adversely impact the flow rate and quality of water. This project was identified and approved in FY 2023/24 Budget as part of the Capital Improvement Program. The project consists of installing approximately 3,540 linear feet of water mains and about 102 linear feet of service lines. DISCUSSION: City staff advertised the project for construction, and the City Clerk received and opened the following 5 bids on January 23, 2024: 1. Dominguez General Engineering, Inc. (Pomona, CA) - $1,476,738.00 2. Big Ben Engineering (Irvine, CA) - $1,882,538.00 3. CEM Construction (Montebello, CA) - $1,995,560.00 4. Williams Pipeline Contractors (Mission Hills, CA) - $2,089,786.00 5. Gentry General Engineering (Colton, CA) - $3,595,200.00 The staff checked references and the contractor's license status and found the performance of their work to be satisfactory. Dominguez General Engineering, Inc. has successfully completed similar projects for other public agencies. Additionally, staff has utilized construction inspection services of Anser Advisory Management, LLC (Anser) for similar projects and finds them to be fully satisfactory in their daily oversight inspection tasks and documentation during construction of similar projects. With the City Council's authorization, construction is anticipated to commence in May 2024 and will be substantially completed in August 2024. CITY STRATEGIC PLAN COMPLIANCE: Page 27 of 95 Water Improvements Project March 5, 2024 Page 3 of 3 Goal 1: Enhance Customer Service, Diversity, Equity, Inclusion and Communication Objective 1A: El Segundo provides unparalleled service to all customers. Goal 4: Develop and Maintain Quality Infrastructure and Technology Objective 4A: El Segundo's physical infrastructure supports an inviting and safe community. PREPARED BY: Arianne Bola, Sr. Engineer Associate REVIEWED BY: Elias Sassoon, Public Works Director APPROVED BY: Barbara Voss, Deputy City Manager ATTACHED SUPPORTING DOCUMENTS: 1. Vicinity Map 2. Location Map Page 28 of 95 PW 23-15 Water Main Improvements on California Street, Sycamore BLSEGUNDO Avenue, Palm Avenue and Elm Avenue Project Vicinity Map W 104th St World WO W SCLJntPttLdlttrUt.—...OPl-----••—• Century f-f•hnPIN ................... I' ...----•--. r�f-+fury..—..t j I •I E Maple Ave I El SW ndc _ N y A Hgh $ch l N ' I E y E Mar iposaAve � Z !—..1 C, > I 2 li( r*Qtion V N 0 N Z `---, N ` El Stl+guntio E Grand Ave ' z Los Angs6. ;W Grand Ave Ate Fora I v E Franklin Ave Y C li-i A je a a CL 0 .......... E El Segundo Qlvd----+ p4mythwn SPACa art! 1 S, Airborne SilsMms j t he Lakes •�. 1 I � � 'R o � I ti .�,.•. ! .bat El O � 0 �••i 6"undo d5s�1 N 43c ►1S�s�'� r7 N I ..—..—..—..—..—..— ..... _........ —.. ----..—..—..—......j n 7 "'th Ct Lenny Mdd6 Sc hoo t4a F1iq 6,018.7 0 3,009.33 6,018.7 Feet DISCLAIMER: The information shown on this map was compiled from different GIS sources. The land base and facility information on this map is for display purposes only and should not be relied upon without independent verification as to its accuracy. The City of El Segundo will not be held responsible for any claims, losses or damages resulting WGS_1984_Web—Mercator _Auxiliary_Sphere from the use of this map. PW 23-15 Water Main Improvements on California Street, East Sycamore Avenue, East Palm Avenue and East Elm Avenue Project Location Map U"' L L N N U u M E 0 J v' o N N rt N rt E Palm Ave +' N ) N chi a+ 0 E � In O J O N rt E Pine Ave 9/18/2023 E Acacia Ave E Walnut Ave tn M o Independence Park n U m rt E Sycamore Ave ro rt E Sycamore Ave Constitution Park N E Maple Ave o on 3 E Oak Ave Washington Park Center Street E Palm Ave Elementary U*)E Palm Ave ti O E pp L .0 S7 E Elm Ave 3 U E Mariposa Ave .. N rt E Pine Ave Freedom Park Travelodge Hacienda Hotel ++ N M E E T N E Maple Ave Homestead Studio Suites Hotel 1:7,772 0 0.05 0.1 0.2 mi 0 0.07 0.15 0.3 km Esri Community Maps Contributors, City of El Segundo, County of Los Angeles, California State Parks, © OpenStreetMap, Microsoft, Esri, HERE, Page 30 of 95 City Council Agenda Statement F I. F �' t I) �� Meeting Date: March 5, 2024 Agenda Heading: Consent Item Number: B.6 TITLE: Amendment to the Professional Services Agreement with The Intersect Group for Temporary Staffing Services RECOMMENDATION: Authorize the City Manager to approve a sixth amendment to contract No. 6062 with The Intersect Group for an additional $175,000 to increase the contract authority in FY 2023-24 to $525,000. 2. Alternatively, discuss and take other action related to this item. FISCAL IMPACT: No additional funding is required. Various departments with temporary staffing needs will utilize funds from budgeted vacancies' salary savings included in the adopted FY 2023-24 budget. BACKGROUND: The City entered into a professional services agreement with Vincent Benjamin Group LLC in March 2021 for on -call temporary staffing services under agreement no. 6062. This agreement provides temporary staffing to meet the operational needs of various departments in the following scenarios: where a permanent position is frozen for a specific length of time to provide budgetary savings, while a recruitment is conducted, during an employee's leave of absence, or when extra help is necessary. In FY 2021-22, the contract was amended to increase the total contract authority from $49,950 to $299,950 and in February 2022, City Council approved an additional $170,000 to increase the total contract authority from $299,950 to $469,950. A third amendment, entered into for FY 2022-23, increased the total payable compensation from $469,950 to $719,950. A fourth amendment, entered info for FY 2022-23, increased the total payable compensation from $719,950 to $831,950. Page 31 of 95 Amendment to The Intersect PSA March 5, 2024 Page 2 of 2 At the June 20, 2023 City Council meeting, a fifth amendment approved the assignment of duties to The Intersect Group who acquired Vincent Benjamin and also authorized an additional $350,000 for temporary services in FY 2023-24. DISCUSSION: Staff recommends awarding a sixth amendment to the professional services agreement with The Intersect Group to provide various city departments with on -call temporary staffing services for an amount of $175,000, not to exceed $525,000 in FY 2023-24. Services provided under this agreement are in alignment with Strategic Plan Goal 3, Goal 3, to "Promote a Quality Workforce through Teamwork and Organizational Efficiencies" and Strategy B to "Expedite the on -boarding process for new employees and expand outreach to include a broader scope of candidates in the recruitment process." CITY STRATEGIC PLAN COMPLIANCE: Goal 3: Promote a Quality Workforce Through Teamwork and Organizational Efficiencies Objective 3A: El Segundo is an employer of choice and consistently hires for the future, with a workforce that is inspired, world -class, engaged and innovative. PREPARED BY: Rebecca Redyk, Human Resources Director REVIEWED BY: Rebecca Redyk, Human Resources Director APPROVED BY: Barbara Voss, Deputy City Manager ATTACHED SUPPORTING DOCUMENTS: Sixth Amendment - Vincent Benjamin PSA 6062F Page 32 of 95 Agreement No. 6062F SIXTH AMENDMENT TO AGREEMENT NO. 6062 BETWEEN THE CITY OF EL SEGUNDO AND VINCENT BENJAMIN GROUP, LLC THIS SIXTH AMENDMENT ("Amendment") to Agreement No. 6062 (the "Agreement") is made and entered into this 5th day of March 2024, by and between the CITY OF EL SEGUNDO, a general law city and municipal corporation existing under the laws of California ("CITY"), and THE INTERSECT GROUP, a Georgia limited liability company ("CONSULTANT"). The parties agree as follows: 1. Pursuant to Agreement Section 19, the CITY authorizes the Agreement's assignment from Vincent Benjamin Group, a Delaware limited liability company, to CONSULTANT, who affirms its assumption of all rights, duties, and obligations under the Agreement. 2. Pursuant to Agreement Section 34, Agreement Section 1(C) is amended to increase the Agreement's $831,950 total not -to -exceed compensation sum by an additional $175,000 for CONSULTANT's services through June 30, 2024. The aggregate not -to -exceed compensation for the Agreement, as amended, is $1,356,950. 3. Pursuant to Agreement Section 34, Agreement Section 1(C) is amended to extend the Agreement's term through June 30, 2024. 4. This Amendment may be executed in any number or counterparts, each of which will be an original, but all of which together constitutes one instrument executed on the same date. In accordance with Government Code § 16.5, the parties agree that this Amendment will be considered signed when the signature of a party is delivered by electronic transmission. Such electronic signature will be treated in all respects as having the same effect as an original signature. 5. Except as modified by this Amendment, all other terms and conditions of the Agreement will remain the same. [SIGNATURES ON FOLLOWING PAGE] Page 33 of 95 Agreement No. 6062F IN WITNESS WHEREOF the parties hereto have executed this Amendment the day and year first hereinabove written. CITY OF EL SEGUNDO THE INTERSECT GROUP, LLC Darrell George, City Manager ATTEST: Tracy Weaver, City Clerk APPROVED AS TO FORM: MARK D. HENSLEY, CITY ATTORNEY Joaquin Vazquez, Assistant City Attorney 2 an Its: Taxpayer ID No. Page 34 of 95 City Council Agenda Statement F I, F, G t I) O Meeting Date: March 5, 2024 Agenda Heading: Consent Item Number: B.7 TITLE: Waiver of Special Event Permit Fees (75%) for the Kiwanis Club "Chilipalooza" Event RECOMMENDATION: 1. Approve a 75% waiver of special event permit fees for the Kiwanis "Chilipalooza" event. 2. Alternatively, discuss and take other action related to this item. FISCAL IMPACT: The waived fees for this event would total approximately $1,847. BACKGROUND: Kiwanis Club of El Segundo, a local non-profit organization, has requested a fee waiver for special event permit fees associated with the Chili Cook off Event. The 2024 Chilipalooza is scheduled to take place on Sunday, April 14th, 2024. The Kiwanis Club of El Segundo has hosted several events throughout the years in El Segundo and is planning to host their second Chili Cookoff in Library Park. Last year's event received a 75% fee waiver based on the completion of the Fee Waiver Request Form and Fee Waiver Scorecard. DISCUSSION: At the December 19th, 2023 meeting, City Council approved the process for non-profit organizations based in El Segundo to request fee waivers for special events. Based on the attached Fee Waiver Scorecard (Attachment 1), a waiver of 75% of fees is recommended for this event. CITY STRATEGIC PLAN COMPLIANCE: Goal 1: Enhance Customer Service, Diversity, Equity, Inclusion and Communication Page 35 of 95 Waiver of Special Event Permit Fees (75%) for Kiwanis Chilipalooza March 5, 2024 Page 2 of 2 Objective 1A: El Segundo provides unparalleled service to all customers. Objective 1 B: El Segundo's engagement with the community ensures excellence. Goal 5: Champion Economic Development and Fiscal Sustainability Objective 5A: El Segundo promotes economic growth and vitality for businesses and the community. PREPARED BY: Linnea Palmer, Recreation Specialist REVIEWED BY: Aly Mancini, Recreation, Parks and Library Director APPROVED BY: Barbara Voss, Deputy City Manager ATTACHED SUPPORTING DOCUMENTS: 1. Chilipalooza Fee Waiver Scorecard 2024 Page 36 of 95 CITY OF EL SEGUNDO FEE WAIVER SCORECARD EVENT NAME & DATE: El Segundo Kiwanis Chilipalooza Category Comments Score ORGANIZATION INFORMATION This section considers the organization's financial status and the percentage of the organization 's funds that are used directly for social programs. Type of Organization Resident / El Segundo Non -Profit (10) El Segundo School Org. (8) Non -Resident Non -Profit (6) 10 Resident Commercial (4) Non -Resident Commercial (2) Other (0) EVENT/PROGRAM INFORMATION This section considers whether or not the event is a fundraiser. It also considers who the event or program is designed for. Fundraising Status Non -fundraising (4) 3 Fundraising for ES Org (3) Fundraising for other (1) Target Audience (Defined as the population that the event or program is intended to serve.) El Segundo Residents (4) 3 General Public (3) Exclusive Use (0) Cost to Participate Free to attend (2) Fee charged (0) 2 CONSIDERATIONS This section considers the perceived benefits and the impacts of the event or pLegram to the residents of the City El Segundo. Perceived Community Benefit Mostly Community (5) Considerable Community (4) 4 Balanced (3) Considerably Individual (2) Mostly Individual (0) Impact Street Closure (4) Property Wear & Tear (4) _1 Sound Impact 0) Other Considerations & Recommendations TOTAL SCORE (out of 25) 21 Total Amount Requested to be Waived 75% Total Amount Waived Page 37 of 95 City Council Agenda Statement F I, F �' t 1) �� Meeting Date: March 5, 2024 Agenda Heading: Staff Presentations Item Number: D.8 TITLE: Award of a Professional Services Agreement to MIG, Inc. for Detailed Design Services for Phase 1 of the Recreation Park Renovation Project RECOMMENDATION: 1. Authorize the City Manager to execute a professional services agreement with MIG, Inc. for an amount of $775,703 for detailed design services for phase 1 of the Recreation Park Renovations Project, and authorize an additional funding of $124,297 for design related contingencies. 2. Alternatively, discuss and take other action related to this item. FISCAL IMPACT: This professional services agreement with MIG, Inc. for detailed design services for the Recreation Park Renovations Project ("Project") is for $775,703 with a requested authorization of an additional funding of $124,297 for design related contingencies for a total amount of $900,000. Amount Budgeted: $4,845,918 Additional Appropriation: None Account Number: 301-400-8202-8421 (Recreation Park Projects 2023) As phase 1 of the Project ("Phase 1 ") continues, it is important to note that the project carries a funding gap of approximately $4.7 million for construction, exclusive of needed funds for the construction management and professional support services for the Project. The table below is the funding summary for the project: $13,500,000 Total Anticipated Construction Cost for Recreation Park Improvement Phase 1 ($4,845,918) FY 2023-24 Adopted Budget ($2,000,000) FY 2024-25 General Fund Contribution to CIP Fund Page 38 of 95 Recreation Park Renovations Project - Phase 1 March 5, 2024 Page 2 of 4 ($2,000,000) FY 2025-26 General Fund Contribution to CIP Fund $4,654,082 Funding Gap (not including funds needed for construction management and professional support services) Staff is reviewing potential grant opportunities to assist in closing the funding gap. However, additional General Fund appropriations may be required in the coming years to fully fund the project. T_T44201:161110113 The City seeks to renovate and improve Recreation Park to continue serving the evolving needs of its residents. On August 31, 2022, a joint meeting of the City Council and Recreation and Parks Commission was held at the Joslyn Center to consider options for moving ahead with park updates. At the meeting, the City Council and the Recreation and Parks Commission directed staff to retain the existing layout of Recreation Park while making needed upgrades using a phased approach. This would involve making a series of renovations and updates to each facility or amenity over time as funding is available. The four elements identified in Phase 1 improvements include- 1 . Renovations to the Teen Center and Teen Plaza, including the basketball court and skate park. 2. Renovations of the pickleball, tennis, volleyball and paddle tennis courts. 3. Renovations to Stevenson, George Brett and Softball Fields, including irrigation improvements. 4. Demolition and re -imagining of lawnbowling, horseshoes and bag toss areas. In September 2023, staff presented high level conceptual schematics for all the needed improvements to Recreation Park. The total estimated costs for all improvements was $18 million. Subsequently, staff was directed to prioritize the Teen Center facility (including the Teen Plaza, the Skate Park and the Basketball Court area), and install new turfs and irrigation systems for the Softball Field and George Brett Field as Phase 1 improvements. DISCUSSION: LPA, Inc. ("LPA") was initially selected by the interview -panel for this project. The city entered into an agreement with LPA on March 21, 2023, for an amount not to exceed $145,918 for conceptual design services. The agreement terminated as of August 30, 2023, and finance records indicate that $125,267.85 of the contract amount was paid to LPA for their conceptual design consulting work. Page 39 of 95 Recreation Park Renovations Project - Phase 1 March 5, 2024 Page 3 of 4 Subsequently, a presentation was made to the City Council at its September 19, 2023, meeting which included the conceptual design for improvements for various elements of the Recreation Park, along with estimated construction cost for each element. Following this presentation, the City Council directed staff to proceed with the preparation of detailed design and construction documents for renovations to the Teen Center Plaza, Brett Field, and Softball Field. The staff reached out to LPA and received a fee proposal for these services, as directed by the City Council. However, staff had concerns regarding the proposal, including the total fee amount and exclusions to the design efforts that were outlined in the proposal. One excluded item concerned the crucial processing of the project's environmental aspects. A meeting was held with LPA to resolve the concerns, but regrettably there were no mutually agreeable solutions. Negotiations ceased with LPA and staff then contacted MIG, which was identified as the second -highest ranking consultant firm by the interview -panel. Staff negotiated and obtained a fee proposal for the detailed design services and preparation of plans and construction contract documents for the following two tasks, which are identified as Phase 1 improvements project to Recreation Park: Task One - Renovation of Teen Center: • Interior renovation and cosmetic exterior improvements to the existing Teen Center building • Renovation of the Teen Plaza • New Skate Park • New multi -use court • Parking lot renovations to incorporate drop-off and accessibility improvements Task Two - Renovation of Brett Field and Softball Field: New amended soil, and new natural turf New irrigation system The final submitted package for both tasks will include the final plans and construction specifications which the City will advertise for construction. This final package is planned to be completed and delivered to the City by the end of March 2024. The "MIG" firm is a full -service consultant firm with an in-house environmental section. The estimated construction cost of this Phase 1 improvements project is $13,500,000. Regarding the Skate Park, there has been discussion among the Council about the possibility of relocating the skate park to another site within Recreation Park. However, after surveying the teens, the Recreation Park Renovation Subcommittee and the Recreation Park Commission, it was determined that there was no support for moving the skate park to the outside of the Teen Plaza. However, the consultants will provide Page 40 of 95 Recreation Park Renovations Project - Phase 1 March 5, 2024 Page 4 of 4 two options for the Teen Plaza, with one keeping the exact footprint of the skate park and basketball court, and another one that shows the basketball court reconfigured to allow for an expanded sized skate park. CITY STRATEGIC PLAN COMPLIANCE: Goal 2: Support Community Safety and Preparedness Objective 2A: El Segundo is a safe and prepared community. Goal 4: Develop and Maintain Quality Infrastructure and Technology Objective 4A: El Segundo's physical infrastructure supports an inviting and safe community. PREPARED BY: Aly Mancini, Recreation, Parks and Library Director REVIEWED BY: Elias Sassoon, Public Works Director APPROVED BY: Barbara Voss, Deputy City Manager ATTACHED SUPPORTING DOCUMENTS: 1. El Segundo Recreation Park MIG_Fee Proposal 2-15-2024 (1) Page 41 of 95 February 15, 2024 Aly Mancini, Director Department of Recreation, Parks and Library City of El Segundo 350 Main Street El Segundo, California 90245 re.: El Segundo Recreation Park Renovation Proposal for Design Services Dear Aly: It is a pleasure to submit our proposal for design services for El Segundo Recreation Park Renovation. We have outlined a brief description of services and professional fees below. Project Description and Scope of Work The project is a design for El Segundo Recreation Park located in El Segundo, California. The "Client" is City of El Segundo Public Works. We will provide design services from schematic design through plan check and permitting. The specific scope of work includes the following: Task 1: Teen Center and Plaza Renovation: • Interior renovation and cosmetic exterior improvements of the existing Teen Center Building • Renovation of the Teen Plaza • New skate park • New multi -use court • Parking lot renovations to incorporate drop-off and accessibility improvements Task 2: Renovation of Fields • Renovation of the existing softball field and George Brett Field (amended soil, replacement of natural turf and irrigation system). The final submittal package for both Tasks will be Final Plans and Specifications, which the City will advertise for construction. Professional Services Task 1: Teen Center, Plaza Renovation and Skate Park Phase 1.0: Schematic Design (16 Weeks) The goal of this phase will be to deliver an approved Schematic Design package that advances the City approved Conceptual Design. Upon receipt of written notice -to -proceed (NTP) for this phase, MIG shall perform the following tasks: PLANNING I DESIGN I COMMUNICATIONS I M A N A G E M E N T I S C I E N C E I TECHNOLOGY 360 East Second Street, Suite 675 Los Angeles, CA 90012 USA 213-694-3800 • www.migcom.com Offices in: California Colorado • New York Oregon Texas • Washington Page 42 of 95 1.01 Conduct project kick-off meeting with the Client. The intent of this meeting will be to review the vision for the project, review the scope of work, introduce roles and responsibilities, establish lines of communication, and review the project schedule. The kick-off meeting will be conducted to encompass both Task 1 and Task 2 scope of work. 1.02 Develop project work plan that meets the visions, objectives, and schedule for this project. 1.03 Perform site visit to review existing site, fields, Teen Plaza, and Teen Center conditions and become familiar with design factors including but not limited to site orientation, sun angles, potential view angles, site grade elevations, drainage patterns, utility locations, and existing vegetation. 1.04 Collect and review pertinent data and documentation (planning, design, and environmental codes and regulations). Gather available record drawings and/or block maps to depict the record location of utilities superimposed onto the existing topographic basemap survey. 1.05 Prepare supplemental topographic basemap survey for Teen Plaza to locate detailed topography within the site area limits. This includes supplemental data where critical exit and entry doors connect to the sidewalk where ADA accessibility conformance is vital to the design. Additionally, locate existing visible utilities within and serving the site. Field verify owner provide Teen Center as -built drawings. 1.06 Prepare geotechnical, environmental and hydrological investigations within site limits. Three (3) borings will be drilled to 5 feet through existing concrete at the skate park. Consultant will deliver one (1) Geotechnical Investigation Report based on these exploratory borings and findings for both Task 1 and Task 2 scope of work. Environmental report will consist of asbestos, lead -based paint and hazardous materials testing, abatement, and mitigation and demolition plan for Teen Center interior. 1.07 Prepare Teen Center building and Plaza base files for distribution to Project Team and development of design drawings. 1.08 Conduct (2) two in -person working sessions, one (1) with the skatepark user group and one (1) with Teen Center staff and user groups. 1.09 Prepare 50% Schematic Design Package for review by Client. The package will include illustrative plans, sections and elevations, precedent imagery, material imagery, and up to five (5) perspective renderings, to sufficiently communicate the design intent. • Deliverable: 50% Schematic Design Package 1.10 Prepare rough order of magnitude cost estimate for 50% Schematic Design package. 1.11 Attend one (1) in -person design presentation to the City of El Segundo Recreation and Parks Renovation Sub -Committee. The intent of this meeting will be to receive comments on the preliminary package for refinement. This meeting will be conducted to encompass both Task 1 and Task 2 scope of work. 1.12 Based on comments received, revise design and develop Schematic Design package for scope of work. 1.13 Prepare draft Schematic Design package (100% SD) for scope of work including: Teen Center Renovation concept, Skate Park and Teen Plaza concepts and preliminary grading and drainage plan, composite wet utility plan, and preliminary water quality calculations and earthwork quantities. MIG. Inc. Page 43 of 95 • Deliverable: Draft 100% Schematic Design Package 1.14 Update rough order of magnitude cost estimate for 100% Schematic Design package. 1.15 Present Schematic Design to the City of El Segundo Recreation and Parks Commission and City Council, two (2) meetings. The presentation will include a review of the process, the development of the schematic design, cost estimate, and project schedule. The intent of this meeting will be to receive comments on the preliminary package for refinement and to secure approval of the design from the Commission and City Council. 1.16 Based on comments received, revise design and develop final Schematic Design package for scope of work. • Deliverable: Final (100%) Schematic Design Package 1.17 Conduct virtual bi-weekly design review and coordination meetings (60-minute max.) during the length of this phase. 1.18 Project management, coordination and QA/QC: General management tasks including preparing of subconsultant agreements, regular updates to the project schedule, coordination with the consultant team, and monthly invoicing. QA/QC will be conducted at each draft and final deliverable. Phase 2.0: Design Development (12 Weeks) The goal of this phase is to advance the design — including formalizing the site layout, building floor plans, and preliminary selection of all materials and initiate the preparation of the technical drawing package. Following written Schematic Design approval, MIG shall complete the following tasks: 2.01 Preparation of site and building material selection boards and product samples including cut sheets and material samples. The intent will be to secure approval of the proposal materials, and/or identify alternative selections for consideration. • Deliverable: Material samples. 2.02 Conduct one (1) internal working session with City staff . 2.03 Prepare Design Development package (50% DD) (plans and specifications) for scope of work, for review and comment by Client. • Deliverable: Draft (50%) Design Development Package 2.04 Prepare rough order of magnitude cost estimate for 50% Design Development package. 2.05 Present project progress to City Council for both Task 1 and Task 2 scope of work. 2.06 Based on comments received, refine design, and develop final Design Development Package for scope of work. 2.07 Prepare preliminary Low Impact Development Report (LID) stormwater control plan including development of conceptual method for complying with NPDES Stormwater and infiltration regulations. MIG. Inc. Page 44 of 95 2.08 Prepare final Design Development package (100% DD) for scope of work including plans and specifications. Specifications will refer to current "Greenbook" Standard Specifications for Public Works Construction and included required special provision sections. • Deliverable: Final 100% Design Development Package 2.09 Prepare environmental documentation (CEQA) based on current understanding that the project fits under a Class 1, Exiting Facilities Categorical Exemption (CE). Consultant will provide a brief (3-5 page) write up describing the proposed improvements and a qualitative analysis to provide justification for using a Class CE, as well as the CE form. A draft of the CE document will be submitted to City staff for review and comment. Once the project is approved by the city, Consultant will also post the CE with the State Clearinghouse and the County Clerk. 2.10 Conduct bi-weekly design review and coordination meetings (60-minute max.) during the length of this phase. 2.11 Project management, coordination, and QA/QC. Phase 3.0: Construction Documents (22 Weeks) The goal of this phase is to advance the development of the technical drawing package via coordination with consultant design team for agency plan check submittal. Following written Design Development approval, MIG shall complete the following tasks: 3.01 Prepare updated site and architectural base plans for distribution to Project Team and development on technical drawings. 3.02 Finalize architectural interior lighting, structural, mechanical, electrical, plumbing, skate park, landscape, grading, and utility plans, design of IT, security system, card reading access and fire life safety/sprinkler system. 3.03 Assemble Construction Documents package (50% CD) including plans and specifications for landscape scope of work, design of IT, security system, card reading access, and fire life safety/sprinkler system for review and comment by Client. • Deliverable: (50%) Construction Documents package 3.04 Prepare rough order of magnitude cost estimate for 50% Construction Documents package. 3.05 Present project progress to City Council. This meeting will be conducted to encompass both Task 1 and Task 2 scope of work. 3.06 Based on comments received, refine design and develop final Construction Documents package for scope of work. 3.07 Prepare final Construction Documents package (90% CD) (plans and specifications) for scope of work, and submittal to review agency. • Deliverable: 90% Construction Documents Package 3.08 Conduct virtual bi-weekly design review and coordination meetings (60-minute max.) during the length of this phase. 3.09 Project management, coordination and QA/QC. MIG, Inc. Page 45 of 95 Phase 4.0: Plan Check & Permitting (6 Weeks) The goal of this phase is to respond to plan comments from the reviewing agency to secure approval of the project for construction. Upon receipt of plan check comments, MIG shall complete the following tasks: 4.01 Attend meetings with City to review agency plan check corrections and coordinate document revisions with the Project Team. 4.02 Prepare updated site and architectural base plans and revise documents based on agency review comments received. 4.03 Assemble updated Construction Documents package (100% CD) (plans and specifications) for resubmittal to review agency. • Deliverable: updated (100%) Construction Documents package. Task 2: Renovation of Softball Field and George Brett Field. Phase 1.0: Schematic Design The goal of this phase will be to deliver an approved Schematic Design package that advances the City approved Conceptual Design including existing turf removal, regrading, soil amendments and natural drainage improvements, replacement of the natural turf and irrigation systems for both George Brett Field and the Softball field.. Upon receipt of written notice -to -proceed (NTP) for this phase, MIG shall perform the following tasks: 1.01 Conduct project kick-off meeting with the Client for both Task 1 and Task 2 scope of work. 1.02 Perform site visit to review existing site conditions and become familiar with design factors including but not limited to site orientation, sun angles, potential view angles, site grade elevations, drainage patterns, utility locations, and existing vegetation. 1.03 Collect and review pertinent data and documentation. 1.04 Prepare supplemental topographic basemap survey for Fields. 1.05 Conduct geotechnical, environmental, agronomic soil, and hydrological investigations within site limits. For subsurface exploration, consultant will conduct three (3) borings at depth of 5 feet in the softball field. One (1) additional boring will be drilled in the infield area for percolation analysis for a total of (4) four borings inside the softball field. Eleven (11) borings at depth of 3 feet at various locations at Brett Field. Consultant will deliver one (1) Geotechnical Investigation Report based on these exploratory borings and findings for both Task 1 and Task 2 scope of work. Consultant will take four (4) soil samples of the site and will be tested for fertility, and agricultural suitability. Samples to be submitted to soil laboratory to provide soil management and agronomic soil report based on their evaluation and recommendations. New irrigation system will be smart with solar controllers. 1.06 Prepare site plan base files for distribution to Project Team and development of design drawings. 1.07 Prepare 50% Schematic Design Package for review by Client. • Deliverable: 50% Schematic Design Package 1.08 Prepare rough order of magnitude cost estimate for 50% Schematic Design package. MIG. Inc. Page 46 of 95 1.09 Design presentation to the City of El Segundo Recreation and Parks Renovation Sub -Committee. This meeting will be conducted to encompass both Task 1 and Task 2. 1.10 Revise and update design based on comments received. 1.11 Prepare draft Schematic Design package (100% SD) for scope of work. • Deliverable: Draft 100% Schematic Design Package 1.12 Refine rough order of magnitude cost estimate for 100% Schematic Design package. 1.13 Present Schematic Design to the City of El Segundo Recreation and Parks Commission and City Council, two (2) meetings combined with Task 1. 1.14 Based on comments received, revise design and develop final Schematic Design package for scope of work. • Deliverable: Final (1001/o) Schematic Design Package 1.15 Conduct virtual bi-weekly design review and coordination meetings (60-minute max.) during the length of this phase. 1.16 Project management, coordination and QA/QC. Phase 2.0: Design Development The goal of this phase is to advance the design — including formalizing the site layout, building floor plans, and preliminary selection of all materials and initiate the preparation of the technical drawing package (assume Arch E1 format unless noted otherwise). Following written Schematic Design approval, MIG shall complete the following tasks: 2.01 Prepare updated site and architectural base plans for distribution to Project Team and development of technical drawings. 2.02 Based on comments received, refine design and develop Design Development Package for scope of work. 2.03 Prepare preliminary landscape construction plan, and details sheets. At this stage, plans will document general design and layout (i.e. hndscape materials and finishes, site furnishing, planting, and irrigation) special provision specifications section. 2.04 Prepare rough order of magnitude cost estimate for 50% Design Development package. 2.05 Present project progress to City Council for both Task 1 and Task 2 scope of work. 2.06 Based on comments received, refine design and develop final Design Development Package for scope of work. 2.07 Prepare preliminary Low Impact Development Report (LID) stormwater control plan. Consultant will deliver one (1) LID stormwater control plan for both Task 1 and Task 2 scope of work. 2.08 Prepare environmental document indicating compliance with California Environmental Quality Act (CEQA) though a Categorical Exemption (CE). Consultant will provide would provide a brief (3-5 page) write up describing the proposed improvements and a qualitative analysis to provide justification for using a Class CE, as well as the CE form. A draft of the CE document would then be MIG. Inc. Page 47 of 95 submitted to city staff for review and comment. Consultant would then revise and finalize the CE based on comments received. Once the project is approved by the city, Consultant will also post the CE with the State Clearinghouse and the County Clerk. This CE document will include both George Brett Field and the Teen Center and Skate Park site. This task assumes that renovations to George Brett Field would not touch or otherwise affect the tile landfill that is referenced in the letter from the County of Los Angeles Public Health Department Date May 18, 2023. 2.09 Prepare final Design Development package (100% DD) for scope of work. • Deliverable: Final 100% Design Development Package 2.10 Conduct virtual bi-weekly design review and coordination meetings (60-minute max.) during the length of this phase. 2.11 Project management, coordination and QA/QC. Phase 3.0: Construction Documents The goal of this phase is to advance the development of the technical drawing package via coordination with consultant design team for agency plan check submittal. Following written Design Development approval, MIG shall complete the following tasks: 3.01 Prepare updated site base plans for distribution to Project Team and development on technical drawings. 3.02 Finalize landscape, grading, and utility plans. 3.03 Assemble Construction Documents package (50% CD) (plans and specifications) for review and comment by Client. • Deliverable: (50%) Construction Documents package 3.04 Prepare rough order of magnitude cost estimate for 50% Construction Documents package. 3.05 Present project progress to City Council for both Task 1 and Task 2 scope of work. 3.06 Based on comments received, refine design and develop final Construction Documents package for scope of work. 3.07 Prepare final Construction Documents package (90% CD) (plans and specifications) for scope of work, and submittal to review agency. • Deliverable: 90% Construction Documents Package 3.08 Conduct virtual bi-weekly design review and coordination meetings (60-minute max.) during the length of this phase. 3.09 Project management, coordination and QA/QC. Phase 4.0: Plan Check & Permitting The goal of this phase is to respond to plan comments from the reviewing agency to secure approval of the project for construction. Upon receipt of plan check comments, MIG shall complete the following tasks: MIG. Inc. Page 48 of 95 4.01 Conduct meetings with City to review agency plan check corrections and coordinate document revisions with the Project Team. 4.02 Prepare updated site base plans and revise documents based on agency review comments received. 4.03 Assemble updated Construction Documents package (100% CD) (plans and specifications) for resubmittal to review agency. • Deliverable: updated (100%) Construction Documents package. Project Assumptions and Exclusions 1. Renovations to George Brett Field would not touch, or otherwise affect the tile landfill that is referenced in the letter from the County of Los Angeles Public Health Department Date May 18, 2023. 2. Preparation of any CEQA documentation, other than specifically noted in scope of work. 3. City will provide current title report for the property if required. This will allow for existing easements to be identified. 4. Potholing services are not included in this proposal unless specifically identified. 5. Unless otherwise addressed, existing utilities have adequate capacity to serve the proposed improvements, that they are adjacent to the site frontage and do not require main extensions, and that utility system capacity studies are not required. 6. Geotechnical investigation will minimize the impact and disturbance to the existing site conditions, however some degree of disturbance or damage may occur by the field work. Consultant will contact Underground Service Alert (USA). The Client will assist to clear existing underground utilities and Consultant is not responsible for any utility damage during boring. The driller's work is only subject to prevailing wages as defined by California Labor Code 1770-1780. 7. All meetings are assumed to be held remotely via teleconference unless specifically noted. 8. MIG shall deliver drawings and specifications to Client in digital (i.e., PDF) format. 9. Verbal request to commence each task constitutes approval of prior design, material selections, etc. Change in subsequent phases shall be considered Additional Services and shall be documented and billed on an hourly basis at our Standard Hourly Rates. 10. Professional services not included: • Design beyond Plan Check and Permitting. • Potholing for utilities. • Mapping services (i.e. subdivision maps, easement documents, quit claims, ALTA's right of way dedication, etc.) • Furniture, Fixtures, and Equipment (FF&E) for the Teen Center. • Storm Water Pollution and Prevention Plan (SWPPP). • Preparation and processing of off -site improvement drawings (B-Permit or equivalent). • Arborist report. Landscape Architect shall document trees to be removed, transplanted, and preserved on tree disposition plans. MIG. Inc. Page 49 of 95 • Exterior site lighting design (except for Teen Center building exterior lighting and exterior site lighting near building entry, which is included) — including fixture selection and photometric calculations. • Graphic design for signage and wayfinding elements. • Waterproofing design and documentation. • Application fees — including plan check and agency review fees. • Meeting attendance, except where noted — including agency review meetings and community meetings. • Preparation and update rough order of magnitude cost estimates due to Value Engineering. Professional Service Fee Our fee for design services is provided below and is valid for 90 days from the date of this proposal. See attached Exhibit A for a detailed breakdown by phases and tasks, rates, and hours. Task 1: Teen Center Plaza Renovation and Skate Park: Phase 1.0 Schematic Design $ 165,364.00. Phase 2.0 Design Development $ 121,858.00. Phase 3.0 Construction Documents $ 178,190.00. Phase 4.0 Plan Check & Permitting $ 32,740.00. TOTAL FEE - Task 1 $ 498,152.00. Task 2: Renovation of Softball Field and George Brett's Field Phase 1.0 Schematic Design $ 83,805.00. Phase 2.0 Design Development $ 78,831.00. Phase 3.0 Construction Documents $ 86,192.00. Phase 4.0 Plan Check & Permitting $ 10,423.00. TOTAL FEE — Task 2 $ 259,251.00. Reimbursable Budget 18,300.00. TOTAL FEE TASK 1 AND TASK 2 $ 775,703.00. Reimbursable Expenses Reimbursable expenses include reprographics, plotting (bond, vellum, and color), color laser printing, travel outside of the Los Angeles metropolitan area (including airfare, hotel, meals, and ground transportation), mileage, parking fees, commercial messenger charges, overnight delivery, postage, and handling. These expenses shall be billed at 1.10 times the cost. Mileage shall be billed at the IRS Standard Mileage Rates for the current year. Additional Services All services not included in the above scope of work shall be considered Additional Services and shall be billed at the Standard Hourly Rates. All additional services shall require written authorization from Client before proceeding with any approved changes. MIG. Inc. Page 50 of 95 Invoices Invoices shall be submitted monthly as a percentage of phase completion. Payment is due upon your receipt of each invoice. Aly, thank you for this opportunity to be of service. Please feel free to contact Jenni Zell at 562-668-0251, or Steve Lang 714-600-0817, if you have any questions or comments relative to scope or fee. Sincerely, Jennifer Zell, Director of Los Angeles Operations Steve Lang, Principal MIG MIG cc: Elias Sassoon, Director City of El Segundo Public Works Department, Wendy Chan; file. attachment: "Exhibit A: Fee Matrix" MIG, Inc. Page 51 of 95 ATTACHMENT A - FEE MATRIX Summary Table City of El Segundo Recreation Park Renovation Landscape Fee Proposal 15-Feb-24 ask 1: TEEN CENTER AND TEEN PLAZA RENOVATION AND SKATEPARK ask 2: REPLACEMENT OF GEORGE BRETT FIELD AND SOFTBALL FIELD Reimbursable Budget Professional Fees Totals $ 12,454 $ 498,151 $ 6,481 $ 259,251 Subtotal $ 18,300 $ 757,402 Total $ 775,702 Page 52 of 95 arvMsisu..aok.a..tw..a,kk..m,.tlo:, en:,x.,ril w..a u.. xwlya.l. r... m<. n,lry vIK.M <m .tg�ln�. IIx. P.l..n. al.m� n,.ww st.nwx s..x.. n sca ee Proposal .rro(eu Manager Puya Ma�ug.. 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S-vlistto review editing <ondl[Ipnz(combined—k Task 21 0o11-and revew P_r .e,I aura and aowmenG[lon(pl.—n . design, and envlmnmental,<otles Id regula[lansl Condp<t—Center antl Teen Plaza <Ivii and bullding surveys Condp<ts[mcNal.geotecnni<al, envlrpnmental lazbezmz, lead M, hazardous mater(alz antl abatement specs.) antl M1ydrology Imestlga[lons and surveys and Plaza base flies Condp<t (2) Staff and A.kenolder/user working seszlonz �=<bem.U—ga o�gb or ror magak n im d' ae SCM1em esign Package e� h ,de,o maealt tl resllcombin d itM1 Task i) m :aa:o" a�a cityCoancil Iz- evelop final SD package —dbiweekly design review antl cooN:nanonm gs WON • .. .: .... �®�®©��®�®©��®�®a��®�®�®ate©�©�a��®m�� e of work indatling tlrawinga antl specifications antl p p is:ons ns )design of lr, securirysysxem, cars reaainp g.py access. antl fire life safety/sprinkler snteml • .. ... �®�®a�a�■®a��®a�a��®�®ate®�a�©�®�®�� ro I Sp,xso I. I Sxs,rls $III')11$1— Mass S1Au A— 1. 1 $11.151s1cea Su,saa 1 $ .Aawpo Mass Sxs,rso Snx,szs Saa,esa $ Sue,axs S m S m S m S m S agaAap.00 S m S aaAes S turns e0 Page 53 of 95 MIG, Inc. BKF aw. El Seguntlo Recreation Park Ren4vatlon Steve fang lennihr Zell IN "dytban Bob Presse Cameron Hile Oino Yale Xolly de la Torre Lauren Salaz Cbds Rideom li-Kirby YmeM Lin Matt Gibmn Melissa Palencia Alvin L. MIGSubronsukont Landscape Fee Proposal Pdndpal r. Prolett Manager ProlettManager Emironmemal Planner mat Analyst IMgxion-1pier Protett ae Admin. Aast IG Total Pdndpal oxe/Senor Engineering Manager Senior ProtettEngineer Protect Engineer esign Engineer Txal Tbtl Cansulhn[s Cos[ Converse Tu nls GoOrdlnaHOn Direm torts Po of alsl Fees 15-Feb-24 HrsOt $ HrsOt $ Hrz@ $ Hrs@ $ Hrz@ n $ Hrs@ $ Hrz@ $ Hrz@ $ Hrz@ $ Hn@I $ i Hrz@ $ Hrz@ $ Hrs@ $ Hrs@ $ Ftt�mating t T t C,11-antl review pertinent data and d0cumentati0n (planning, design, and mental, c0dez antl regulations) 104 Conduct field surveys Conduct ge0technical, environmental antl 1.05 hvdr010gv invertinti.nsand suryevz Present SD t0 Recreation, Parks Commission and Attend bi-weekly design review antl c00dinati0n 1.15 meetings lc0mbined with Task ll $ 2 $ 390.00 2 $ 3)0.00 $ $ $ $ $ 2 $ J60.00 $ $ 2 $ 478.00 $ $ $ 2 $ 4)8.00 $ 4J8.00 $ 4].80 $ 1,286 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ 00 $ -Ail $4,474 $ $ $ $ $ $ $ $ 0 $ $ $ $ $ $ $ 0 $ $ $ $ 9,500.00 5 5 $ $ $ 5 $ $ 5 $ 5 $ $ 4 5 5 $ $ 16,350.00 5 m Z3,JJ9.OD $ 2,148.90 $ Z4,15J $ $ $ $ $ $ $ $ 0 $ $ 1 $ 273.00 2 $ 478.00 4 $ 888.00 4 $ J80.00 8 $ 1,360.00 19 $ 3,)]9.00 $ $ 3]].90 $ 5 $ $ $ Ui52 000 M 2 W M 4 900 M 1302. 2 47800 4 888 w 4 780. 4 6W W 15 $312800 00 5 $ 312.80 58,341 5 $ 5 $ 5 $ $ 5 5 $ 5 $ 5 5 $ 5 $ 4,465,00 5 00 $ 446.50 55,107 5 $ 5 31.1 $ 5 $ $ 5 5 $ 5 $ 5 5 $ 0 5 5 $ 5 $ 2 $ 390.00 4 $ )40.00 $ $ 5 8 $ 1,00DW $ 10 $ 2,130.00 $ 1 $ 2J300 2 $ 4J8.00 4 $ 888.00 $ $ J $ 1,639.00 $ 1,63900 $ 163.90 $ 3,933 4 $ 780 DD $ 1185.00 $ 5 $ 51000 m 3 $ 5 $ $ 5 $ $ 0 00 5 $ 312.8il 5 1 $ 225.00 $ 1 $ $ $ 5 $ 2 $ 190.00 3 $ 600.00 $ $ $ $ $ $ 0 $ $ 1,410.00 $ 1,410.00 $ 141.00 $ 2,151 $ 2 $ 390.. 2$ $ $ $ $ $ 2$ $ $ $ $ $ $ $ 5 $ $7. 1 $ 225.00 $ 4 $ )40.00 $ $ $ 4 $ 500.00 2 $ 1.. J $ 1,655.00 $ 1 $ 273.00 2 $ 478.00 4 $ 888.00 2 $ 390.00 4 $ 680.00 13 $ 2,)09.00 $ 2,70900 $ 270.90 $ 4,635 5 $ 6$ $ 5 $ $ $ $ $ $ $ $ 5 $ $ 5 D $ 95.60 5 $ $ $ $ $ $ $ 5 $ $ $ $ $ 5 $ $ 5 D $ 95.60 5 13 $ 2,926.00 19 $ 3,)05.00 62 $ 9,fi20.00 0 $ 5 0 $ 40 $ 6,000.00 6 $ z)0.00 19 $ 21,-Wi 2 $ 4-00 z $ 1,366.00 i6 $ 6,2U.00 28 $ 6,216.00 22 $ 4,290.00 40 S 6,800.00 123 $ L5,489.00 $ 0 5 0 $ 4),)14.00 $ 4,71L40 $ %W0.00 5 83,80z - 2.01 ..'. , d b.ft ... �& =®=®=®=®=®=®ate=®o�=®ate©�a =�M�®�� ... .:.... db.ck irrigation scope of work including drawings and irrigation scope of work including drawings and specifca[ions and special provision -i-for submittal to review aeencies • . rt r. ■®■�■�■®■®■■■■�■®■�■�■�■tea®■®��®®■ Page 54 of 95 City Council Agenda Statement F I. F �' t 1) �� Meeting Date: March 5, 2024 Agenda Heading: Staff Presentations Item Number: D.9 TITLE: Construction Contract Award and Design Support Services Contract Award for the Urho Saari Swim Stadium / Plunge Renovation Project RECOMMENDATION: Authorize the City Manager to execute a standard public works construction contract with Morillo Construction, Inc. in the amount of $12,988,000 for the Urho Saari Swim Stadium / Plunge Renovation Project (No. PW 24-02), and authorize additional funding of $1,300,000 for construction related contingencies. 2. Authorize the City Manager to execute a professional services agreement with Arcadis for $329,614 by direct contract award for architectural and engineering support services during the project's construction phase. 3. Appropriate $9,230,494 from the General Fund Reserves to the Plunge Rehabilitation account (301-400-8186-8236), including a loan of $4,730,494 from the General Fund to the Capital Improvement Fund, as described further in the "Fiscal Impact" section of this report. 4. Alternatively, discuss and take other action related to this item. FISCAL IMPACT: The total budget for construction and professional support services is $14,617,614. $14,288,000: Construction, including contingencies $329,614: Architectural & Engineering Support At this time, additional appropriation is needed from the General Fund Reserve to the Capital Improvement Fund to fund the Urho Saari Swim Stadium / Plunge Renovation Project ("Project"). The budget amount is: FY 2023-24 Budgeted Funds Available: $5,387,120 Page 55 of 95 Construction Contract Award for the Urho Saari Swim Stadium / Plunge Renovation Project March 5, 2024 Page 2 of 4 Additional Appropriation: $9,230,494* Account Number: #301-400-8186-8236 (Plunge Rehab) * The additional appropriations consist of the following funding breakdown: $14,617,614 Total Construction and Architectural & Engineering Support Services ($5,387,120) FY 2023-24 Adopted Budget Funds Available $9,230,494 Additional Budget Appropriation from General Fund Reserves ($2,500,000) Planned General Fund Contribution for FY 2024-25 ($1,000,000) LA Chargers Headquarters (Ordinance #1631) ($1,000,000) El Segundo Unified School District Contribution after construction completion (anticipated December 2025) $4,730,494 Funding Gap (General Fund loan to Capital Improvement Fund) Executing the agreements above will generate a funding gap of $4,730,494 for the Project. Staff recommends that the City Council approve a loan of $4,730,494 from the General Fund to the Capital Improvement Fund to facilitate project completion. The loan from the General Fund will be reimbursed by a fundraising campaign, with a goal of collecting $5 million, which is scheduled to launch in spring. The General Fund's Fund Balance will reflect the lower balance until the fundraising campaign reimburses the fund. Furthermore, until the $5 million is paid back to the General Fund, the City's General Fund Unassigned Fund Balance may be lowered temporarily below 25% of General Fund Expenditures (25% is the targeted minimum stated in the Financial Policy regarding the General Fund Unassigned Fund Balance). Staff will have a better understanding of the overall fund balance after the fiscal year closes in June. BACKGROUND: On November 7, 2023, the City Council adopted the engineering plans and specifications for the Project and authorized staff to advertise for construction bids. The Project will completely renovate the entire facility, including both pools and associated equipment, locker rooms, lobby, offices, bleachers, and terrace. An updated final design was presented to the City Council on June 30, 2023. Page 56 of 95 Construction Contract Award for the Urho Saari Swim Stadium / Plunge Renovation Project March 5, 2024 Page 3 of 4 DISCUSSION: On January 30, 2024, the City Clerk received and opened three bids as follows: 1. Morillo Construction, Inc. $12,988,000 2. AWI Builders, Inc. $14,000,000 3. K.C. Restoration Co., Inc. $17,902,259 The staff reviewed the references and contractor's license status of the apparent low bidder, Morillo Construction, Inc. ("Morillo Construction") and found their contractor's license in good standing and the performance of their work to be satisfactory. Morillo Construction has successfully completed similar projects for other public agencies. Accordingly, staff has found Morillo Construction to be the lowest responsible bidder for purposes of public works contract bidding requirements under state law. As indicated above, there is a need to borrow $4,730,494 from the General Fund for the completion of this Project. It is to be noted that the staff has already initiated a fund- raising campaign with a goal of collecting $5 million. The collected funds will reimburse the General Fund as funds are collected. As part of such a major project, there is a need for architectural and engineering support services through the construction phase which need to be provided by the design firm. These services relate to the Project's design and include items such as review and approval of shop drawings, procurement and approval of submitted materials, respond to requests for information, and other similar needed services. This is to ensure all the items to be utilized for this Project adhere to the designed drawings and meet the specified specifications. The staff requested a proposal from Arcadis (the architect that designed this facility) for these needed services. Their proposal is in the amount of $329,614, and staff recommends that the City Council approve the direct award of an agreement for these services to Arcadis. With City Council's authorization, the Project will commence with pre -construction activities. For a project of this scale, notice to proceed is given in two phases. The first phase is an administrative notice to proceed, which will begin after the award of the project and is defined in the bid documents as 80 working days. This phase is anticipated to be completed around the end of July 2024. The second phase is the construction notice to proceed, with construction anticipated to begin in August 2024 and will be substantially completed by December 2025. Page 57 of 95 Construction Contract Award for the Urho Saari Swim Stadium / Plunge Renovation Project March 5, 2024 Page 4 of 4 CITY STRATEGIC PLAN COMPLIANCE: Goal 4: Develop and Maintain Quality Infrastructure and Technology Objective 4A: El Segundo's physical infrastructure supports an inviting and safe community. Objective 4B: El Segundo's technology supports effective, efficient and proactive operations. PREPARED BY: Cheryl Ebert, Senior Civil Engineer REVIEWED BY: Elias Sassoon, Public Works Director APPROVED BY: Barbara Voss, Deputy City Manager ATTACHED SUPPORTING DOCUMENTS: None Page 58 of 95 City Council Agenda Statement F I, F �' t I) �� Meeting Date: March 5, 2024 Agenda Heading: Staff Presentations Item Number: D.10 TITLE: Construction Contract Award for the Main Street/Imperial Highway Monument Entry Feature Sign Project RECOMMENDATION: Authorize the City Manager to execute a standard Public Works Construction Contract with Square Signs LLC dba Front Signs in the amount of $347,489.25 for the construction of the Main Street/Imperial Highway Monument Entry Feature Sign Project, Project No. PW 23-04, and authorize an additional funding of $70,000 for construction related contingencies. 2. Alternatively, discuss and take other action related to this item. FISCAL IMPACT: None. Included in the adopted FY 2023-24 Budget. Amount Budgeted: $417,489.25 Additional Appropriation: None Account Number(s): 301-400-8201-8112 (Main & Imperial Entryway) BACKGROUND: On January 18, 2022, City Council authorized staff to execute a Professional Services Agreement with Hirsch & Associates, Inc. ("Consultant") to prepare the design of the Main Street/Imperial Highway Monument Entry Feature Sign Project (the "Project") and authorized staff to remove the existing signage at the Main Street and Imperial Highway intersection. By the end of January 2022, Public Works staff had removed the sign at the site intersection. Additionally, the Consultant investigated the site and prepared two concepts for this entry feature. The Consultant was asked to provide a design that is reflective of El Segundo's small-town charm, beach orientation, ties into the evolving nature of the Downtown area, and connects to the historic El Segundo High School, Page 59 of 95 Construction Contract Award for the Main Street / Imperial Highway Monument Entry Feature Sign Project March 5, 2024 Page 2 of 3 Library Park, and Library Park sites. At the September 6, 2022 and September 20, 2022 City Council meetings, the Consultant presented two conceptual options: the Character of El Segundo concept and the Old Time Postcard Inspiration concept. City Council provided feedback on the two presented options and selected the second option, the Old Time Postcard Inspiration conceptual design. The estimated construction cost for this option was $420,000. On March 7, 2023, the City Council adopted the plans and specifications for this project and authorized staff to advertise this project for construction. DISCUSSION: The staff advertised the project, and the City Clerk received no bids on April 18, 2023. Public Contract Code § 22038 states that if no formal bids are received, then a contractor may be selected by direct negotiation. The staff solicited bids from various contractors, and received one bid from a qualified contractor for an amount of $730,900. At the direction of the City Manager, and in an effort to reduce the price of the project, staff asked the consultant to reduce the scope to include only items related to building the sign.The project was rebid and on January 30, 2024, the City Clerk received and opened two bids as follows: 1. Square Signs LLC dba Front Signs, $347,489.25 2. Fluoresco Services, $1,072,915.00 Staff checked the references and contractor's license status of the apparent low bidder, Square Signs, and found their contractor's license in good standing at the performance of their work to be satisfactory. Square Signs has successfully completed similar projects for other public agencies. With the Council's authorization, construction is anticipated to commence in June 2024 and is scheduled to be completed by October 2024. CITY STRATEGIC PLAN COMPLIANCE: Goal 4: Develop and Maintain Quality Infrastructure and Technology Objective 4A: El Segundo's physical infrastructure supports an inviting and safe community. Objective 4B: El Segundo's technology supports effective, efficient and proactive operations. Page 60 of 95 Construction Contract Award for the Main Street / Imperial Highway Monument Entry Feature Sign Project March 5, 2024 Page 3 of 3 PREPARED BY: Cheryl Ebert, Senior Civil Engineer REVIEWED BY: Elias Sassoon, Public Works Director APPROVED BY: Barbara Voss, Deputy City Manager ATTACHED SUPPORTING DOCUMENTS: None Page 61 of 95 City Council Agenda Statement F I, F, G t I) O Meeting Date: March 5, 2024 Agenda Heading: Reports - City Treasurer Item Number: G.11 TITLE: Investment Portfolio Report for December 2023 RECOMMENDATION: 1. Receive and file the Investment Portfolio Report dated December 2023. 2. Alternatively, discuss and take other action related to this item. FISCAL IMPACT: None :Y_Tlg 201:16111011:3 The Treasury Department provides an Investment Portfolio Report presented to City Council on a quarterly basis. This current report includes the status of Treasury investment activities and related economic indicators as of December 2023. DISCUSSION: See attached Investment Portfolio Report. CITY STRATEGIC PLAN COMPLIANCE: Goal 5: Champion Economic Development and Fiscal Sustainability Objective 513: El Segundo approaches its work in a financially strategic and responsible way. PREPARED BY: Matthew Robinson, City Treasurer REVIEWED BY: Page 62 of 95 Presentation of Investment Portfolio Report for December 2023 March 5, 2024 Page 2 of 2 Matthew Robinson, City Treasurer APPROVED BY: Barbara Voss, Deputy City Manager ATTACHED SUPPORTING DOCUMENTS: December 2023 Portfolio Report Page 63 of 95 CITY OF ELSEGUNDO City of El Segundo Investment Portfolio Report December 2023 Certified By: City Treasurers Office CITY OF ELSEGUNDO Portfolio Portfolio Summary As of December 2023 Portfolio Type / Security Type Security Type Liquidity Reserve 0 CalTRUST $47,465,300 0 CAMP-JPAP -' $40,000,000 $41,055,611 Cash > 0 Cash Sweep a $23,694,965 Government Agency $20,000,000 $7,234,812 $8,569,203 LAIF Medium $0 $3,075,932 $2,145,404 $24,770 $4,943,405 $4,447,875 - � Medium Term Notes $46,425,781 Municipal Bonds $40,000,000 $41,171,552 Negotiable Certificates of Deposit $24,198,469 U.S. Treasuries Q000 $20,000,000 $7,234,812 $3,075,932 $8,569,203 $5,103,058 $4,624,775 $0 _ $2,145,404 _ $24,770 40.00% 33.27% 30.00% 28.78 o ~ 20.00% 16.61% 0 ZR 10.00% 6.01% 5.07% 2.16% 1.50% 3.47% 3.12% 0.00% 0.02% - 0 2.99 > 3 2.51 2.50 Q T v 2 a rn m 0.80 3 1 0.46 0 0.00 0.00 0.00 0.00 0.00 6.00% _ 5.55% 5.30% 3.86% 3.96% 4.09% 4.26% a 4.00% a 3.25% '0 2.54% V ^' .00% 1 0- 3 .00% 0.4S% INEMME E 6.00% 5.55% 5.30% 4.99% 5.13% >- 4.74% 4.83% a> 4.00% 3.86% 04.31% a - 0 0 a m 2.00 % °1 0.45% 0.00% 3 CalTRUST CAMP-JPAP Cash Cash Sweep LAIF Government Agency Medium Term Notes Municipal Bonds Negotiable U.S. Treasuries Certificates of Deposit Page 66 of 95 y1LU,VUU,UUu $100,000,000 $80,000,000 m Y °o $60,000,000 Ql $40,000,000 $20,000,000 $0 80% v f0 60% Y O O m f0 o 40 H O 0 20% 0% 3.00 2.50 a a T F- a 2.00 T 1.50 Ol a a 1.00 L O) 3 0.50 0.00 November2019 May2020 PortfoI I Through Time As of December 2023 $21,050, 15% 2.46 November202O May2021 November2021 May2022 November2022 May2023 November2023 Date Portfolio Type Liquidity Reserve Page 67 of 95 U.S. Tr $47,[ 33 nvestments by Security Type As of December 2023 Negotiable Certificates of Deposit $41,055,611 28.78% CalTRUST $7,234,812 CAMP -JPAP 5.07% 1, - ent Agency 13,405 47% Medium Term Notes $23,694,965 16.61% Security Type CalTRUST CAMP-JPAP Cash 0 Cash Sweep Government Agency LAIF Medium Term Notes 0 Municipal Bonds 0 Negotiable Certificates of Deposit U.S. Treasuries Page 68 of 95 Reserve Portfolio Ladder by Quarter As of December 2023 $32,000,000 $30,000,000 $28,000,000 $26,000,000 $24,000,000 $22,000,000 $20,000,000 $18,000,000 a m $16,000,000 a $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 Quarter ■ Q1 Q2 Q3 Q4 Total Page 69 of 95 Ladder Diversification As of December 2023 2024 2025 2026 2027 2028 $13,039,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,000 $10,000,OOC $9,000,000 $8,896,000 m m $7,858,000 a $5,635,000 $5,846,000 5,500,000 $5,000,000 3,500,000 $4,000,000 $3,000,000 . $1,5- $1,500,000 $0 ■ - $500,000 10.45% 10% a 8.01% 8.01% 8.01% 8.01% 8.01% 8% 7.21% 7.13% 6.30% a 6% m F 4.52% 469% 4.41% 4.01 4% 2.81% 3.21 % 2.40 % 2% 1.20% 1.20% NIME0.40% o% 50 46.50% 43.75% 40.59% 40.25% 40.99% °0 40% 34 38% 35.66% 36.22% 36.46% a a 30% a 22.87% 23.53%I22.54% a 20% 16.24% 17.83% I E 14.21% o 13.12% � 10% 6.09% 6.56% 2.19% 0% Governme Medium Municipal Negotiable U.S. Governme Medium Municipal Negotiable U.S. Medium Negotiable U.S. I Medium Negotiable U.S. Medium Negotiable U.S. nt Agency Term.. Bonds Certificat.. Treasuries I nt Agency Term N.. Bonds Certificat.. Treasuries Term N.. Certificat.. Treasuries I Term N.. Certificat.. Treasuries Term N.. Certificat.. Treasuries Security Type Government Agency Medium Term Notes Municipal Bonds Negotiable Certificates of Deposit U.S. Treasuries Page 70 of 95 $28,000,000 $26,000,000 $24,000,000 $22,000,000 $20,000,000 $18,000,000 $16,000,000 v $14,000,000 $12,000,000 $10,000,000 $8,569,203 $8,000,000 $6,000,000 $4,000,000 Investments by Maturity Date As of December 2023 $2,145,404 $2,000,000 $0 $24,770 Cash Cash Sweep LAIF $7,234,812 $3,075,932 $16,702,025 $6,148,358 $22,151,082 $27,280,918 $24,480,454 $23,605,089 4,320 $244 $99_= = = = = CAMP -JPAP CaITRUST <30Days 31to90Days 91to180Days 181to365Days 1to2Years 2to3Years 3to4Years 4to5Years Page 71 of 95 Portfolio As of December 2023 Security Type Issuer CUSIP Month, Day, Year of Maturity Date Days to Maturity 1 Coupon 0.45% Par Value $2,145,404 Market Value $2,145,404 Book Value $2,145,404 Unrealized P/L $0 Cash Bank Cash Null Cash Sweep Bank Cash Sweep Null 1 5.30% $8,569,203 $8,569,203 $8,569,203 $0 LAIF LAIF LAIF Null 1 3.96% $24,770 $24,770 $24,770 $0 CAMP-JPAP CAMP-JPAP CAMP -JPAP Null 1 5.55% $3,075,932 $3,075,932 $3,075,932 $0 CalTRUST CalTRUST CalTRUST Null 1 3.86% $7,234,812 $7,234,812 $7,234,812 $0 Medium Term Notes AMAZON COM INC 023135CP9 December 1, 2027 1,433 4.48% $1,000,000 $1,015,300 $997,630 $17,670 AMERICAN HONDA FIN CO 02665WED9 January 12, 2028 1,475 4.66% $1,000,000 $1,008,420 $997,794 $10,626 APPLE INC 037833ECO February 8, 2028 1,502 1.35% $500,000 $444,845 $427,219 $17,626 ASTRAZENECA FINANCE L 04636NAA1 May 28, 2026 881 1.30% $500,000 $462,665 $501,040 ($38,375) BANK NOVA SCOTIA B C 06418BAE8 March 11, 2027 1,168 3.12% $1,000,000 $945,320 $926,343 $18,977 BANK OF AMERICA CORP 06051GFX2 ApriI19,2026 842 3.60% $500,000 $486,535 $554,155 ($67,620) CANADIAN IMP BK COMM 13607HR61 April 7, 2027 1,195 3.59% $1,000,000 $960,090 $948,186 $11,904 CIGNA CORP 125523AG5 November 15, 2025 687 4.18% $500,000 $493,670 $564,210 ($70,540) CITIGROUP INC 172967KNO May1,2026 854 3.52% $500,000 $482,470 $550,715 ($68,245) COCA COLA CO THE 191216CL2 September 6, 2024 252 1.79% $500,000 $488,740 $493,865 ($5,125) COMCASTCORP 20030NBWO January 15, 2027 1,113 2.50% $1,000,000 $938,740 $917,335 $21,405 DEERE JOHN CAPITAL 24422EWR6 January 20, 2028 1,483 4.67% $1,000,000 $1,016,550 $1,004,330 $12,220 DEUTSCHE BK AG N Y 25160PAM9 September 9, 2027 1,350 5.30% $1,000,000 $1,014,070 $1,005,611 $8,459 ESTEE LAUDER CO INC 29736RANO December 1, 2024 338 2.06% $500,000 $485,745 $501,600 ($15,855) GOLDMAN SACHS GROUP I 38141GXJ8 April 1, 2025 459 3.58% $500,000 $488,630 $545,605 ($56,975) HSBC HOLDINGS PLC 404280BB4 May 25, 2026 878 4.01% $1,000,000 $973,440 $960,400 $13,040 IBM CORP 459200ASO January 15, 2028 1,478 6.07% $1,000,000 $1,071,320 $1,076,510 ($5,190) INTEL CORP 458140CDO February 10, 2026 774 4.84% $1,000,000 $1,007,420 $998,520 $8,900 INTERCONTINENTAL EXCH 45866FAD6 December 1, 2025 703 3.81% $500,000 $491,510 $557,000 ($65,490) MEAD JOHNSON NUTRITIO 582839AH9 November 15, 2025 687 4.18% $500,000 $493,115 $565,170 ($72,055) MITSUBISHI UFJ FIN GR 606822AJ3 September 13, 2026 989 2.92% $1,000,000 $944,100 $924,800 $19,300 MORGAN STANLEY 61746BDZ6 January 27, 2026 760 3.96% $500,000 $489,705 $561,240 ($71,535) ROYALBKCDA 78016EZD2 May4,2027 1,222 3.75% $1,000,000 $966,410 $951,709 $14,701 STRYKER CORP 863667AH4 November 1, 2025 673 3.47% $500,000 $486,670 $548,175 ($61,505) SUMITOMO MITSUI FINL 86562MAY6 January 17, 2028 1,480 3.72% $1,000,000 $952,430 $934,451 $17,979 TORONTO DOMINION BANK 89115A2M3 January 10, 2028 1,473 5.08% $1,000,000 $1,015,080 $1,005,769 $9,311 TOSCO CORP 891490ARS January 1, 2027 1,099 7.25% $1,000,000 $1,076,250 $1,107,960 ($31,710) TOYOTA MTR CR CORP FR 89236TKL8 November 10, 2027 1,412 5.26% $1,000,000 $1,035,560 $1,030,896 $4,664 UNITED PARCEL SERVICE 911312BT2 September 1, 2024 247 2.25% $500,000 $489,495 $504,105 ($14,610) UNITEDHEALTH GROUP IN 91324PDN9 December 15, 2025 717 3.76% $500,000 $491,920 $560,625 ($68,705) WELLS FARGO COMPANY 94974BGL8 July 22, 2027 1,301 4.39% $1,000,000 $978,750 $975,500 $3,250 Municipal Bonds CONNECTICUT STTXBL S 20772KGN3 Aprill5,2024 108 3.06% $1,000,000 $994,070 $1,064,850 ($70,780) HOUSTON TX REF SER B 4423315T7 March 1, 2024 63 1.96% $1,000,000 $994,320 $1,006,410 ($12,090) NEW YORK NY TXBL FISC 64966QCA6 August 1, 2024 216 2.17% $1,000,000 $982,340 $1,003,750 ($21,410) ONTARIO CA INTERNATIO 683042AJ4 May 15, 2025 503 2.99% $500,000 $484,625 $538,090 ($53,465) OREGON ST DEPT ADM I N I 68607VT47 Aprill,2024 94 2.83% $500,000 $497,415 $510,125 ($12,710) TULSA CNTY OKLA INOPT 899593MG9 June 1, 2024 155 2.63% $500,000 $495,105 $501,550 ($6,445) Negotiable Certificates of Deposit 1ST SECURITY BANK OF 33625CCP2 July 30, 2024 214 2.04% $245,000 $240,666 $245,000 ($4,334) ABACUS FEDERAL SAVING 00257TBF2 August 2,2024 217 2.04% $245,000 $240,590 $245,000 ($4,410) Page 72 of 95 Portfolio As of December 2023 Security Type Issuer Negotiable Certificates of Deposit ACHIEVE FINL CR UN BE ADVIA CR UN KALAMAZOO AFFINITY BK COVINGTON ALASKA USA FED CR UN ALL IN FED CR UN DALE ALLIANT CR LIN CHICAGO ALLY BK SANDY UTAH ALMA BK ASTORIA NEW Y AMERICAN EXP NATL BAN AMERICAN FIRST CR UN AMERICAN ST BKSIOUX AUSTIN TELCO FED CR U BIBANK BATON ROUGE LA BANK FIVE NINE OCONOM BANK NEW YORK MELLON BANK OF NEW ENGLAND BANK OF PERRY CNTY LO BANK PONTIAC ILL BANK SIERRA PORTERVIL BANK UTAH OGDEN UTAH BANKERS BK MADISON WI BAXTER CR UN VERNON H BELLCO FEDERAL CR UN BLUE RIDGE BK MARTINS BMO HARRIS BK NATL AS BMW BK NORTH AMER SAL BRENTWOOD BK BETHEL P BRIDGEWATER BK BLOOMI CALIFORNIA CRUNGLEN CAPITAL ONE NATL ASSN CATTLEMENS BK ALTUS 0 CELTIC BK SALT LAKE C CENTRAL BK STORM LAKE CENTRIS FEDERAL CREDI CFBANK FAI RLAWN OH 10 CHARLES SCHWAB BK SSB CHARTWAY FED CR UN VA CHEROKEE ST BK IOWA CIBC BK USA CHICAGO I CITADEL FED CR UN EXT CITIZENS BK INC ROBER CITIZENS ST BK LACROS CITY NATL BK LOS ANGE COASTLIFE CR UN CORFU CUSIP 00453NAA9 00782JAC6 00833JALS 011852AEO 01664MAE6 01882MAD4 02007GM42 020080BLO 02589ACPS 02616ACAS 029728BA9 052392CH8 098079AM8 062119BK7 06405VFG9 06426KBE7 06425KCT4 064455AZ1 064860MCO 065427ACO 0661ORBZ1 07181JBB9 07833EAN7 09582YAG7 05600XQA1 OSS80AW83 107219BK2 108622NK3 130162AU4 14042RURO 14947NAA4 15118RE78 15258RBG1 15643VAB8 15721UFP9 15987UBA5 16141BACS 164499DE2 12547CAU2 17286TAGO 173851AE6 176688DA4 178180GY5 190S8LABO Month, Day, Year of Maturity Date February 17, 2026 September 27, 2028 September 15, 2026 March 8, 2028 February 17, 2028 December 30, 2025 March 23, 2026 September 11, 2024 May 12, 2025 April 27, 2027 April 26,2024 December 16, 2026 May 12, 2025 March 20, 2028 March 21, 2025 May 23,2024 May 31, 2028 April 28, 2027 March 15, 2027 May 10, 2028 November 24, 2027 August 22, 2028 February 24, 2026 March 16, 2026 May 9, 2025 March 17, 2028 March 17, 2026 March 29,2028 February 23, 2026 September 30, 2027 March 16, 2026 March 17, 2027 May 5, 2025 May 27,2025 September 15, 2026 March 28, 2025 June 9, 2026 March 6, 2026 March 24, 2026 February 27, 2025 March 16, 2026 March 24, 2028 March 31, 2028 February 13. 2026 Days to Maturity 781 1,734 991 1,531 1,511 732 815 257 500 1,215 119 1,083 500 1,543 448 146 1,615 1,216 1,172 1,594 1,426 1,698 788 808 497 1,540 809 1,552 787 1,371 1,616 1,174 493 515 991 455 893 798 816 426 808 1,547 1,554 777 Coupon 4.66% 4.91% 4.59% 4.61% 4.61% 5.07% 5.03% 1.79% 3.15% 4.46% 2.52% 4.94% 4.77% 4.65% 5.01% 2.68% 4.18% 4.33% 4.64% 4.31% 4.32% 4.83% 4.70% 4.98% 4.82% 4.73% 4.76% 4.77% 4.53% 4.37% 9.47% 4.72% 4.67% 5.00% 4.76% 5.05% 4.89% 4.57% 4.98% 1.72% 4.85% 4.69% 4.82% 4.66% Par Value Market Value $249,000 $248,216 $248,000 $252,732 $249,000 $246,966 $249,000 $248,395 $249,000 $248,298 $200,000 $201,210 $243,000 $244,140 $245,000 $239,345 $246,000 $239,803 $249,000 $245,651 $245,000 $242,851 $248,000 $248,347 $249,000 $248,101 $249,000 $248,930 $243,000 $242,725 $245,000 $242,570 $249,000 $253,420 $244,000 $239,562 $244,000 $242,072 $249,000 $245,272 $249,000 $244,819 $248,000 $251,400 $248,000 $248,216 $230,000 $230,842 $244,000 $243,231 $244,000 $244,793 $235,000 $234,683 $249,000 $250,449 $244,000 $242,377 $200,000 $196,888 $498,000 $499,818 $249,000 $247,810 $249,000 $247,765 $248,000 $247,975 $248,000 $247,231 $243,000 $242,922 $248,000 $248,337 $242,000 $240,686 $243,000 $243,885 $245,000 $235,494 $248,000 $250,416 $249,000 $249,428 $243,000 $251,938 $249,000 $248,226 Book Value UnrealizedP/L $249,000 ($784) $248,000 $4,732 $249,000 ($2,034) $249,000 ($605) $249,000 ($702) $199,900 $1,310 $243,000 $1,140 $245,000 ($5,655) $237,002 $2,801 $249,000 ($3,349) $245,000 ($2,149) $248,000 $347 $249,000 ($899) $249,000 ($70) $243,000 ($275) $245,000 ($2,430) $249,000 $4,420 $244,000 ($4,438) $244,000 ($1,928) $249,000 ($3,728) $249,000 ($4,181) $248,000 $3,400 $248,000 $216 $230,000 $842 $244,000 ($769) $244,000 $793 $235,000 ($317) $249,000 $1,449 $244,000 ($1,623) $199,800 ($2,912) $498,000 $1,818 $249,000 ($1,190) $249,000 ($1,235) $248,000 ($25) $248,000 ($769) $243,000 ($78) $248,000 $337 $239,922 $764 $243,000 $885 $245,000 ($9,506) $248,000 $2,416 $249,000 $428 $243,000 $8,938 $249,000 ($774) Page 73 of 95 Portfolio As of December 2023 Security Type Issuer Negotiable Certificates of Deposit COMMERCE BK GENEVA MI COMMUNITY FIRST BK IN COMMUNITY HERITAGE FI CONNECTONE BK ENGLEWO CONNEXUS CREDIT UNION CORNERSTONE BK FARGO COUNTY SCHS FED CR UN CROSS RIV BKTEANECK CUSTOMERS BK PHOENIXV CY FAIR FCU HOUSTON T DEPARTMENT OFCOMM FIE DISCOVER BK GREENWOOD DORT FINL CR UN GRAND EAGLEBANK BETHESDA MID EMPOWERCU SYRACUSE N ENTERPRISE BANK PA ESSENTIAL FED CR UN B FEDERAL SVGS BK CHICA FIDELITY BK NEW ORLEA FIRST FED CR UN CEDAR FIRST FMRSBKTRCONV FIRST NATIONAL BANK 0 FIRST NATL BK DAMARIS FIRST NATL BK OF MICH FIRSTST BK NEW LONDO FIRSTTECHNOLOGY FED FIRST UTD BK TR CO FIRSTWESTN BKTR MIN FLAGSTAR BK NATL ASSN FNCB BK DUNMORE PA FREEDOM FIRST CR UN R FREEDOM NORTHWEST CR FREESTAR FINL CR UN C GENOA BKG CO OHIO GEORGIA BKG CO GOLD COAST BK CHICAGO GRAND RIV BKGRANDVIL GREAT NORTH BK FLOREN GREENSTATE CR UN NORT GREENWOOD MUN FED CR GUARDIAN CREDIT UNION HONOLULU FIRE DEPT FE HUNTINGTON NATL BK CO JOHN MARSHALL BK REST CUSIP 20056QRZ8 20368TDHO 597338AJ1 20786ADG7 20825WBCB 219232CQ6 22258JAF8 227563CH4 23204HNV6 23248UAAS 24951TAWS 2546732F2 25844MAQ1 27002YFQ4 291916ABO 29367RKT2 29669XAT5 313812EC9 31617CAY9 32024JAM5 320165JKO 32112UDMO 32117BFR4 32114VCH8 336793CD4 33715LEN6 33742CCS4 33749VBP2 33847GAB8 30257YBSO 35638CAH2 356436AK1 35688MAE6 37234809 37312PDD8 38058KEW2 38644ABP3 39103QAZ9 39573LDWS 39729LAF8 40135GAA6 438649AE5 446438SBO 47804GKM4 Month, Day, Year of Maturity Date June 26, 2024 May 5, 2025 May 10, 2027 March 23, 2026 August 26, 2025 May 12,2025 March 17, 2026 May 19, 2026 March 31, 2026 May 19, 2027 November 30, 2027 March 6, 2028 February 10, 2028 February 24, 2026 September29, 2028 May 16, 2024 September 20, 2028 February 24, 2026 March 16, 2026 February 17, 2028 September 4, 2024 January 2, 2024 September 23, 2026 March 15, 2028 March 12, 2027 February 18, 2025 February 8, 2027 May 12,2025 March 2, 2026 May 7, 2027 April 28, 2025 June 1, 2026 February 22, 2028 July 31, 2024 March 27, 2026 September 22, 2027 August 2, 2024 March 16, 2026 October 28, 2025 June 1, 2027 September 29, 2028 August 17, 2026 May S,202S September 2, 2026 Days to Maturity 180 493 1,228 815 606 500 809 872 823 1,237 1,432 1,529 1,504 788 1,736 139 1,727 788 808 1,511 250 4 1,998 1,538 1,169 417 1,137 500 794 1,225 486 885 1,516 215 819 1,363 217 808 669 1,250 1,736 962 493 978 Coupon 2.33% 4.72% 4.46% 0.77% 3.58% 4.67% 4.80% 4.67% 4.98% 4.42% 4.95% 4.49% 4.32% 4.30% 2.45% 2.63% 4.91% 4.25% 4.85% 4.45% 1.79% 1.75% 9.97% 4.61% 4.68% 4.86% 4.10% 4.77% 4.45% 4.37% 4.77% 4.85% 4.36% 1.99% 4.94% 4.71% 2.04% 4.85% 4.76% 4.46% 4.98% 4.45% 4.82% 4.50% Par Value Market Value $245,000 $241,702 $249,000 $247,924 $249,000 $245,673 $240,000 $219,091 $249,000 $243,455 $249,000 $247,772 $248,000 $247,926 $244,000 $242,953 $243,000 $243,846 $249,000 $245,300 $248,000 $250,527 $244,000 $242,028 $247,000 $243,068 $244,000 $241,143 $248,000 $253,806 $245,000 $242,609 $248,000 $252,672 $249,000 $245,907 $249,000 $249,129 $249,000 $246,430 $245,000 $239,50S $245,000 $244,909 $496,000 $497,592 $249,000 $248,427 $244,000 $242,451 $248,000 $247,318 $200,000 $194,924 $249,000 $248,101 $244,000 $244,161 $244,000 $239,996 $248,000 $247,117 $248,000 $248,097 $249,000 $245,492 $245,000 $240,563 $243,000 $243,627 $249,000 $248,519 $245,000 $240,590 $244,000 $244,163 $248,000 $247,591 $249,000 $251,331 $248,000 $253,838 $249,000 $246,169 $244,000 $243,224 $249,000 $246,393 Book Value UnrealizedP/L $245,000 ($3,298) $249,000 ($1,076) $249,000 ($3,327) $213,854 $5,237 $238,934 $4,521 $249,000 ($1,228) $248,000 ($74) $244,000 ($1,047) $243,000 $846 $249,000 ($3,700) $246,669 $3,858 $241,897 $131 $247,000 ($3,932) $238,205 $2,938 $248,000 $5,806 $245,000 ($2,391) $248,000 $4,672 $244,829 $1,078 $249,000 $129 $249,000 ($2,570) $24S,000 ($5,495) $245,000 ($91) $496,000 $1,592 $249,000 ($573) $244,000 ($1,549) $248,000 ($682) $195,050 ($126) $249,000 ($899) $241,365 $2,796 $244,000 ($4,004) $248,000 ($883) $248,000 $97 $249,000 ($3,508) $245,000 ($4,437) $243,000 $627 $249,000 ($481) $245,000 ($4,410) $244,000 $163 $248,000 ($409) $249,000 $2,331 $248,000 $5,838 $249,000 ($2,831) $244,000 ($776) $248,502 ($2,109) Page 74 of 95 Portfolio As of December 2023 Security Type Issuer Negotiable Certificates of Deposit KEY BK NATL ASSN OH10 LEADERS CR UN JACKSON LIBERTY FED CR UN EVA LIBERTY FIRST CR UN L LIVE OAK BANKING COMP LUANA SVGS BK IOWA LYONS NATL BK N Y MAINE SVGS FCU HAMPDE MAINSTREET BANK MANUFACTURERS TRADERS MEDALLION BK UTAH MID AMERNCRUNWICHI MIDMOBKSPRINGFIELD MIDWESTBKWESTNIILL MINNWEST BK REDWOOD F MORGAN STANLEY BK N A MORGAN STANLEY PVT BK MOUNTAIN AMER FED CR NEBRASKALAND BK NORTH CUSIP 49306SJ56 52171MAGO 53052LAU3 530520AE5 538036GU2 549104C70 552249CHS 560507AR6 56065GAG3 564759SE9 58404DSM4 59522NAD6 59541KBV8 59828PCQ1 60425SKB4 61690UPF1 61760AYR4 62384RATB 63970MAES Month, Day, Year of Maturity Date March 17, 2025 March 30, 2028 June 9, 2025 February 3, 2028 November 27, 2024 March 17, 2026 March 16, 2026 August 25, 2028 April 26, 2024 March 17, 2027 June 16,2028 May 23,2025 July 17,2024 March 23,2026 May3,2027 November 29, 2024 April 11, 2024 April 28, 2026 September 17, 2025 Days to N NORTHWEST BK BOISE ID 66736ACE7 March 17,2026 NUMERICA CR UN SPOKAN 670S4NBHS June1,2026 ONE CMNTY BK ORE WIS 682325DH5 October 6, 2026 PARKSIDEFINLBKTRC 70147AEX8 September 17, 2025 PARTNERS BK MISSION V 70212YBN1 March 17, 2025 PEOPLES BK CO COLDWAT 710275AC2 March 17, 2027 PEOPLES SVGS BK WELLS 71224LAG9 March 8, 2027 PINNACLE BK NASHVILLE 72345SLN9 May 8, 2026 PLAINS ST BK TEX 726547BK7 June 21, 2024 POINT WEST CREDIT UNI 730716AF4 Apri113,2026 POPPY BK SANTA ROSA C 73319FAF6 March 18, 2025 POPULAR BK NEW YORK B 73317ABTS March 19, 2026 PORTAGE BK BELLEVUE W 73565MAC9 March 24, 2027 PREFERRED BANK LA CAL 740367HP5 August 16, 2024 RAIZ FCU EL PASO TEX 75102EAG3 August 18, 2025 RAYMOND JAMES BANK NA 75472RAU5 December 30, 2024 ROGUE CR UN MEDFORD 0 77535MAMS January 20, 2028 SAN FRANCISCO FED CR 79772FAG1 February 3, 2028 SANDY SPRING BK OLNEY 800364EX5 March 16,2026 SAVANNAH BK NATL ASSN 804767AB7 May 3, 2028 SAWYER SVGS BKSAUGER 805508BY3 March 10, 2026 SECURITY ST BK WARROA 81501JAE2 May 31, 2028 SIGNATURE FED CR UN A 82671DAC1 June 8, 2026 SOUTHERN BK POPLAR BL 843383CS7 May 17, 2028 SOUTHERN FIRST BK N A 84287PHU9 November 27, 2026 iturity Coupon Par Value Market Value 444 5.01% $243,000 $242,750 1,553 4.93% $248,000 $251,353 528 5.09% $248,000 $248,365 1,497 4.30% $249,000 $245,940 334 1.91% $245,000 $237,819 809 4.44% $244,000 $241,850 808 4.85% $244,000 $244,163 1,701 4.79% $248,000 $250,904 238 5.24% $490,000 $485,860 1,174 4.85% $244,000 $243,873 1,631 4.44% $249,000 $246,903 511 5.00% $248,000 $247,983 201 1.93% $245,000 $240,774 815 4.98% $248,000 $248,905 1,221 4.33% $249,000 $244,511 336 2.01% $245,000 $238,027 104 2.82% $245,000 $243,258 851 4.71% $249,000 $248,300 628 4.81% $249,000 $248,622 809 4.98% $248,000 $248,967 885 4.76% $248,000 $247,529 1,012 4.81% $248,000 $247,494 628 4.62% $249,000 $247,802 444 5.05% $243,000 $242,859 1,174 4.72% $249,000 $247,810 1,165 4.46% $244,000 $240,657 861 4.62% $244,000 $242,712 175 2.33% $245,000 $241,781 836 4.98% $243,000 $243,902 445 1.15% $245,000 $233,497 811 4.76% $247,000 $246,664 1,181 4.77% $249,000 $248,203 231 2.04% $245,000 $240,296 598 4.72% $249,000 $248,158 367 1.91% $245,000 $237,162 1,483 5.10% $248,000 $248,030 1,497 4.40% $216,000 $213,326 1,616 9.78% $488,000 $488,834 1,587 4.19% $249,000 $243,783 802 4.57% $245,000 $243,662 1,615 4.23% $249,000 $253,415 892 4.80% $248,000 $247,797 1,601 4.27% $249,000 $244,802 1,064 4.64% $249,000 $247,035 Book Value UnrealizedP/L $243,000 ($250) $248,000 $3,353 $248,000 $365 $249,000 ($3,060) $245,000 ($7,181) $244,000 ($2,150) $244,000 $163 $248,000 $2,904 $490,000 ($4,141) $244,000 ($127) $249,000 ($2,097) $248,000 ($17) $245,000 ($4,226) $248,000 $905 $249,000 ($4,489) $245,000 ($6,973) $245,000 ($1,742) $249,000 ($700) $249,000 ($378) $248,000 $967 $248,000 ($471) $248,000 ($S06) $249,000 ($1,198) $243,000 ($141) $249,000 ($1,190) $240,906 ($249) $244,000 ($1,288) $245,000 ($3,219) $243,000 $902 $245,000 ($11,503) $247,000 ($336) $249,000 ($797) $245,000 ($4,704) $249,000 ($842) $245,000 ($7,838) $248,000 $30 $216,000 ($2,674) $488,000 $834 $249,000 ($5,217) $243,177 $485 $249,000 $4,415 $248,000 ($203) $249,000 ($4,198) $249,000 ($1,965) Page 75 of 95 Portfolio As of December 2023 Security Type Issuer CUSIP Month, Day, Year of Maturity Date Days to Maturity Coupon Par Value Market Value Book Value Unrealized P/L Negotiable Certificates of Deposit SOUTHERN MICH BK TR 843355BP2 November 8, 2027 1,410 4.19% $249,000 $243,470 $249,000 ($5,530) ST VINCENTS MED CTR C 85279AAC6 June 16, 2027 1,265 4.63% $249,000 $247,329 $249,000 ($1,671) STATE BK INDIA NEW YO 856285X89 February 28, 2028 1,522 4.53% $244,000 $242,348 $244,000 ($1,652) SYNCHRONY BK RETAIL C 87164XZW9 August 20, 2026 965 0.99% $248,000 $224,440 $219,540 $4,900 TECHNOLOGY CR UN SAN 87868YAJ2 February 24, 2025 423 5.01% $248,000 $247,660 $248,000 ($340) THOMASVILLE NATL BKG 884693BY7 March 24, 2025 902 10.10% $496,000 $495,856 $496,000 ($144) TRANSPORTATION ALLIAN 89388CGJ1 March 17, 2025 444 5.00% $248,000 $247,762 $248,000 ($238) TRISTATE CAP BK PITTS 89677DJE7 March 30, 2026 822 4.98% $243,000 $243,909 $243,000 $909 TRULIANT FED CR UN WI 89789AAD9 February 26, 2027 1,155 4.55% $249,000 $246,356 $249,000 ($2,644) TUCSON FED CR UN ARIZ 898812AC6 September 8, 2028 1,715 4.91% $248,000 $252,573 $248,000 $4,573 UBS BK USA SALT LAKE 90355GDTO June 1, 2028 1,616 4.36% $249,000 $253,860 $249,000 $4,860 UFIRST FED CR UN PLAT 902684AA7 August 22, 2025 602 4.72% $249,000 $248,138 $249,000 ($862) UNITED FID BK FSB EVA 910286GAS March 30, 2027 1,187 4.89% $248,000 $248,379 $248,000 $379 UNITED HERITAGE CR UN 91334AAL7 March 21, 2025 448 5.15% $248,000 $248,238 $248,000 $238 UNITED ROOSEVELT SVGS 91139LAF3 May 19, 2027 1,237 4.46% $249,000 $245,688 $249,000 ($3,312) UNIVERSITY BKANN ARB 914098DQ8 April3, 2028 1,557 4.81% $248,000 $249,917 $248,000 $1,917 LIN IVEST NATL BK TR SO 91527PBW6 May 5,2028 1,589 4.19% $249,000 $243,786 $249,000 ($5,214) UPPER PENNISUA STATE 91630PASO December 27, 2024 364 1.81% $245,000 $236,910 $245,000 ($8,090) USALLIANCE FCU RYE NE 90352RDB8 May 26, 2028 1,610 4.56% $249,000 $248,300 $249,000 ($700) UTAH CMNTY CR UN PROV 917352ACO April 27, 2026 850 4.62% $249,000 $247,785 $249,000 ($1,215) UTAH FIRST FED CREDIT 91739JAA3 July 14, 2028 1,659 4.61% $248,000 $255,571 $248,000 $7,571 VALLEYSTAR CR UN MART 92023CAE3 March 20, 2028 1,543 4.73% $248,000 $248,880 $248,000 $880 VIBRANT CREDIT UNION 92559TAN8 September 28, 2026 1,004 5.33% $248,000 $251,336 $248,000 $3,336 VIKING BK NATL ASSN A 92675MAAO March 13, 2026 1,610 9.33% $498,000 $496,197 $498,000 ($1,803) VISIONS FED CR UN END 92838DAE6 September 29, 2026 1,005 5.41% $248,000 $252,010 $248,000 $4,010 WASHINGTON FEDERAL 938828BJ8 August23, 2024 238 2.09% $245,000 $240,225 $245,000 ($4,775) WELLS FARGO BANK NA 94976BB96 May 24, 2024 147 2.68% $245,000 $242,557 $245,000 ($2,443) WESTERN ALLIANCE BK P 95763PLW9 April 28, 2025 486 4.82% $244,000 $243,239 $244,000 ($761) Government Agency FEDERAL HOME LOAN BKS 3130A1XJ2 3130ASA82 3130ASE96 3130ASH77 June 14, 2024 June 20, 2025 June 27, 2025 June 28, 2024 168 2.91% $2,000,000 $1,978,580 $2,089,405 ($110,825) 539 4.27% $500,000 $497,710 $497,010 $700 546 3.26% $1,000,000 $982,020 $990,123 ($8,103) 182 3.60% $1,000,000 $992,570 $1,000,000 ($7,430) TENNESSEE VALLEY AUTH 880591ER9 September 15, 2024 261 2.92% $500,000 $492,525 $526,520 ($33,995) U.S. Treasuries U S TREASURY NOTE 91282CCJ8 91282CEX5 91282CHKO 912828ZV5 912828ZW3 June 30, 2026 June 30, 2024 June 30, 2028 June 30, 2027 June 30, 2025 914 0.95% $10,000,000 $9,247,300 $8,978,125 $269,175 184 3.03% $10,000,000 $9,895,300 $9,840,625 $54,675 1,645 3.98% $10,000,000 $10,047,300 $9,938,281 $109,019 1,279 0.56% $10,000,000 $8,882,800 $8,611,719 $271,081 549 0.27% $10,000,000 $9,392,600 $9,057,031 $335,569 Page 76 of 95 CITY OF ELSEGUNDO Transactions Interest Received As of December 2023 Transaction Date 2023 Grand Total Category Q1 Q2 Q3 Q4 $3,521,308 $3,000,000 INTEREST $2,000,000 $1,000,000 $588,989 $420,481 $158,955 $209,585 $228,058 $311,002 $354,992 $169,899 $301,935 $268,970 $274,442 $234,002 $0 $20,522,032 $20,000,000 14,951,032 $ $15,000,000 MATURED $10,000,000 $5,000,000 $0 $745,000 $245,000 $1,390,000 $245,000 $721,000 $1,235,000 $745,000 $245,000 $0 ($248,000) ($2,669,800) ($248,000) ($496,000) ($1,982,669) ($7,142,900) ($11,678,281) ($20,000,000) ($14,848,183) ($21,375,964) PURCHASED ($40,000,000) ($60,000,000) January February March I April May June July August September I October November December I Total Category INTEREST MATURED PURCHASED Page 78 of 95 CITY OF ELSEGUNDO Compliance Asset Class Compliance As of December 2023 Security Type In Compliance? Max Weight Weight 1.50% Par Value $2,145,404 Book Value $2,145,404 Market Value $2,145,404 Cash Y 100% LAIF Y 100% 0.02% $24,770 $24,770 $24,770 CAMP-JPAP Y 100% 2.16% $3,075,932 $3,075,932 $3,075,932 Medium Term Notes Y 30% 16.61% $24,000,000 $24,198,469 $23,694,965 Municipal Bonds Y 100% 3.12% $4,500,000 $4,624,775 $4,447,875 Negotiable Certificates of Deposit Y 30% 28.78% $41,274,000 $41,171,552 $41,055,611 CalTRUST Y 100% 5.07% $7,234,812 $7,234,812 $7,234,812 Cash Sweep Y 100% 6.01% $8,569,203 $8,569,203 $8,569,203 Government Agency Y 100% 3.47% $5,000,000 $5,103,058 $4,943,405 U.S. Treasuries Y 100% 33.27% $50,000,000 $46,425,781 $47,465,300 Totals 100.00% $145,824,121 $142,573,755 $142,657,277 Page 80 of 95 Rating Compliance As of December 2023 Security Type Issuer CUSIP S&P Rating Moody Rating In Compliance? Market Value $7,234,812 Weight 5.07% Maximum %of Portfolio 1.00% CaITRUST CalTRUST CalTRUST Null Null Y Cash Sweep Bank Cash Sweep Null Null Y $8,569,203 6.01% 1.00% Government Agency FEDERAL HOME LOAN BKS 3130A1XJ2 3130ASA82 3130ASE96 3130ASH77 AA+ AA+ AA+ AA+ AAA AAA AAA AAA Y Y Y Y $1,978,580 1.39% 100.00% $497,710 0.35% 100.00% $982,020 0.69% 100.00% $992,570 0.70% 100.00% TENNESSEE VALLEY AUTH 880591ER9 AA+ AAA Y $492,525 0.35% 100.00% Medium Term Notes AMAZON COM INC 023135CP9 AA Al Y $1,015,300 0.71% 1.00% AMERICAN HONDA FIN CO 02665WED9 A- A3 Y $1,008,420 0.71% 1.00% APPLE INC 037833ECO AA+ AAA Y $444,845 0.31% 1.00% ASTRAZENECA FINANCE L 04636NAAl A A2 Y $462,665 0.32% 1.00% BANK NOVA SCOTIA B C 06418BAE8 A- A2 Y $945,320 0.66% 1.00% BANK OF AMERICA CORP 06051GFX2 A- Al Y $486,535 0.34% 1.00% CANADIAN IMP BK COMM 13607HR61 A- A2 Y $960,090 0.67% 1.00% CIGNACORP 125523AGS A- N/A Y $493,670 0.35% 1.00% CITIGROUP INC 172967KNO BBB+ A3 Y $482,470 0.34% 1.00% COCA COLA CO THE 191216CL2 A+ Al Y $488,740 0.34% 1.00% COMCASTCORP 20030NBWO A- A3 Y $938,740 0.66% 1.00% DEERE JOHN CAPITAL 24422EWR6 A A2 Y $1,016,550 0.71% 1.00% DEUTSCHE BK AG NY 25160PAM9 A Al Y $1,014,070 0.71% 1.00% ESTEE LAUDER CO INC 29736RANO A Al Y $485,745 0.34% 1.00% GOLDMAN SACHS GROUP I 38141GXJ8 BBB+ A2 Y $488,630 0.34% 1.00% HSBC HOLDINGS PLC 404280BB4 A- A3 Y $973,440 0.68% 1.00% IBM CORP 459200ASO A- A3 Y $1,071,320 0.75% 1.00% INTELCORP 458140CD0 A A2 Y $1,007,420 0.71% 1.00% INTERCONTINENTAL EXCH 45866FAD6 A- A3 Y $491,510 0.34% 1.00% MEAD JOHNSON NUTRITIO 582839AH9 A- A3 Y $493,115 0.35% 1.00% MITSUBISHI UFJ FIN GR 606822AJ3 A- Al Y $944,100 0.66% 1.00% MORGAN STANLEY 61746BDZ6 A- Al Y $489,705 0.34% 1.00% ROYAL BK CDA 78016EZD2 A Al Y $966,410 0.68% 1.00% STRYKER CORP 863667AH4 BBB+ BAA1 Y $486,670 0.34% 1.00% SUMITOMO MITSUI FINL 86562MAY6 A- Al Y $952,430 0.67% 1.00% TORONTO DOMINION BANK 89115A2M3 A Al Y $1,015,080 0.71% 1.00% TOSCO CORP 891490AR5 A- A2 Y $1,076,250 0.75% 1.00% TOYOTA MTR CR CORP FR 89236TKL8 A+ Al Y $1,035,560 0.73% 1.00% UNITED PARCEL SERVICE 911312BT2 A A2 Y $489,495 0.34% 1.00% UNITEDHEALTH GROUP IN 91324PDN9 A+ A2 Y $491,920 0.34% 1.00% WELLS FARGO COMPANY 94974BGL8 BBB A3 Y $978,750 0.69% 1.00% Municipal Bonds CONNECTICUT ST TXBL S 20772KGN3 AA- AA3 Y $994,070 0.70% 1.00% HOUSTON TX REF SER B 4423315T7 AA AA3 Y $994,320 0.70% 1.00% NEW YORK NYTXBL FISC 64966QCA6 AA AA2 Y $982,340 0.69% 1.00% ONTARIO CA INTERNATIO 683042AJ4 AA N/A Y $484,625 0.34% 1.00% OREGON ST DEPTADMINI 68607VT47 AAA AA2 Y $497,415 0.35% 1.00% TULSA CNTY OKLA INDPT 899593MG9 N/A AA2 Y $495,105 0.35% 1.00% U.S. Treasuries U S TREASURY NOTE 91282CCJ8 91282CEXS 91282CHKO 912828ZVS 912828ZW3 N/A N/A N/A Null N/A AAA AAA AAA AAA AAA Y Y Y Y Y $9,247,300 6.48% 100.00% $9,895,300 6.94% 100.00% $10,047,300 7.04% 100.00% $8,882,800 6.23% 100.00% $9,392,600 6.58% 100.00% Page 81 of 95 CITY OF ELSEGUNDO LAI F m I ri J .2 _1 =0 9 8 a� 7 E c 0 0 n Q 7 4 2 1 0 LAI F Apportionment Rates As of December 2023 1979 1984 1989 1994 1999 2004 ?009 2014 2019 2024 Date Page 83 of 95 LAI F Diagnostics As of December 2023 May 1, 19 Sep 1, 19 Jan 1, 20 May 1, 20 Sep 1, 20 Jan 1, 21 May 1, 21 Sep 1, 21 Jan 1, 22 May 1, 22 Sep 1, 22 Jan 1, 23 May 1, 23 Sep 1, 23 Jan 1, 24 Date (Daily Rates) Measure Names Average Maturity Daily Quarterto Date Page 84 of 95 CITY OF ELSEGUNDO City Cash Flows Rolling 13-Month Cash Flow Analysis As of December 2023 $21,000,000 $20,000,000 $19,000,000 $18,000,000 $17,000,000 $16,000,000 $15,000,000 $14,601,' $14,000,000 $13,000,000 $12,000,000 w $11,000,000 $10,9 $10,000,000 $9,000,000 $8,000,000 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $0 December2022 February 2023 $20,103,807 y $7,157,055 Apri12023 June 2023 August2023 Month of Date October 2023 1,456,325 December 2023 Measure Names Credits Debits Page 86 of 95 Net Change in Cash by Year As of December 2023 $12,489,923 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $5,707,7E $4,785,57 $4,000,000 $2,000,000 w m $0 ($721 ($2,000,000) ($4,000,000) ($6,000,000) ($8,000,000) ($10,000,000) ($10,751,520) January February March April May June July August September October November December Month Years This Year Last Year Two Years Ago Page 87 of 95 HistoricDrawdowns As of December 2023 Measure Names $21,769,866 Delta Cash $22,000,000 Rolling 12-Month Cumulative Drawdown $20,000,000 $18,334,437 $18,000,000 $16,979,291 $17,052,791 $16,948,871 $17,762,456 $18 7,881 $17,622,728 $16,000,000 $15,585,731 6,351,446 $15,792,747 $16,109,241 $15,462,119 $14,881,804 $15,676,23 $14,840,702 $14,000,000 14,761,324 $13,414,296 $13,305,490 $13 ,592 $13,023,476 4,286,563 $13, 3,290 2,716 188 $12,000,000 $12,094,066 $11,C $11,850,289 ,937 $10,000,000 $10,021,393 $10,389,932 $10,784,866 $11,046,019 $9,444,192 $8,550,295 $9,131,765 $8,865,921 $9,984,456 $9,807,901 $8,000,000 892 $8,007,816 $6,740,588 $7,13971 $ $6,802,738 6,739,372 6, $6,198,61 ,17 'l, $6178,113 $6,000,000 $5,329,544 $5,497,816 $5,067,055 $6,333,031 $5,765,409 $4,642,243 $3,952,705 $3,893,993 $ ,372,399 $3,759,255 $4,000,000 $2 952,653 $3,304,431 $2,676,4 $2,78 ,224 $3,30 ,584 $1,86 ,657 $2,389,679 $2,000,000 $737,577 $990 91 419,231 $444,054 $0 -- -- - - ............ .............. ........ ....... .................. ........... ...... .... ... ......... _..- - ---$59 744 ---- -- $39 52) -- ---- 1,071,301) ($742,203) ($2,000,000) $1,773,595) ($1,731,479) ($2,849,212) ($2,754,597) ($2,628,379) ($2,906,612) 2,759,684) ($4,000,000) ($3,489,461) ($3,977,017) ($3,733,785) ($3,764,529) ($3,298,079) ($4,483,630) ($4,180,579) ($4,012,919) ($6,000,000) ($8,000,000) ($7,520,128) ($10,000,000) ($9,659,128) ($9,780,664) ($10,751,520) ($10,737,379) ($12,000,000) ($14,000,000) ($16,000,000) ($15,333,461) 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Date Page 88 of 95 CITY OF ELSEGUNDO Economic Environment 5.55% 5.50% 5.49%i 5.00% 4.98%4 4.50% 4.55%1 4.00% 3.70%4 3.50% ° 3.00% m 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% 5.55% 5.53% 5.16% 4.68% 4.00% 1 Month 2 Month U.S. Treasury Yield Curve As of December 2023 5.54% 5.53% 5.52% 5.390/c 5.45%5.23% 5.27% 5.23% 4.92% 4.95% 4.92% 4.76% 4.78% 4.81% 4.55% 4.61% 4.39% 4.26% 4.19% 3 Month 6 Month 1 Year 2 Year 4.58% 4.25% go/- 3.95°/. 3 Year P4.31% 4.00% 1 3.80% 5 Year Month December2022 March 2023 June 2023 September 2023 December 2023 Page 90 of 95 6.00% 5.50% 5.00% 4.50% 4.00% 3.50% v 3.00% 2.50% 2.00% 1.50% 1.00% 0.50% 0.00% U.S. Treasury Maturity Through TI me As of December 2023 6.02% 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Date Measure Names 1 Month 2 Month 3 Month 6 Month 1 Year 2 Year 3 Year 5 Year Page 91 of 95 S.S S.0 4.S 4.0 IS 3.0 1.0 0.5 0.0 M11 10-Year Minus 3-Month Treasury Yield Spread As of December 2023 1984 1989 1994 1999 2004 2009 2014 2019 2024 Date Page 92 of 95 15.00% 14.00% 13.00% 12.00% 11.00% 10.00% 9.00% 8.00% 7.00% a m K 6.00% 5.00% 4.00% 3.00% 2.00% 1.00% 0.00% -1.00% -2.00% Unemployment vs Inflation As of December 2023 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Date Measure Names Inflation Pct Unemployment Pct Page 93 of 95 3.5 3.0 2.5 2.0 c v 0.5 v CO 0.0 -0 5 10 15 -2 0 -25 5-Year Breakeven Inflation Prediction As of December 2023 2003 2005 2007 2009 2011 2013 2015 2017 2019 2021 2023 2025 Date Page 94 of 95 CITY OF ELSEGUNDO I certify that this report accurately reflects all pooled investments and it is in conformity with the investment policy as approved by the City Council on 10/1/22. A copy of this policy is available in the office of the City Clerk. The investment program herein shown provides sufficient cash flow liquidity to meet the next six months estimated expenditures. Sources for the valuations are as follows: Federal Agency Issues, Treasury Securities and Miscellaneous Securities: Union Bank, the custodial agent for the City of El Segundo. Detailed information on all purchase and sale transactions follows the Investment Portfolio Details section. Matthew Robinson, City Treasurer Date