2025-05-28 Sr. Citizen Housing Corporation AgendaAGENDA
CITY OF EL SEGUNDO
SENIOR CITIZEN HOUSING CORPORATION
BOARD
3:30 PM
PARK VISTA - PETER & EDNA FREEMAN ROOM
615 E. HOLLY AVENUE
EL SEGUNDO, CA 90245
MAY 28, 2025
MEMBERS OF SENIOR CITIZEN HOUSING CORPORATION BOARD
Paul Lanyi, President
Timothy Whelan, Vice President
Denise Fessenbecker
Julia Newman
Paula Rotolo
The Senior Citizen Housing Corporation Board, with certain statutory exceptions, can only
take action upon properly posted and listed agenda items. Any writings or documents
given to a majority of the Senior Citizen Housing Corporation Board, regarding any matter
on this agenda, that the City received after issuing the agenda packet are available for
public inspection in the Park Vista Lobby, Joslyn Center, and the El Segundo Public
Library 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 meeting.
Unless otherwise noted in the agenda, the public can only comment on city -related
business that is within the jurisdiction of the Senior Citizen Housing Corporation Board
and/or items listed on the agenda during the Public Communications portion of the
Meeting. Members of the public may also provide comments electronically by sending an
email to the following address before 3:00 P.M. on the day of the meeting:
agnesho@elsegundo.org. Please include the meeting date and item number in the
subject line. The time limit for comments is five (5) minutes per person. Before speaking
to the Senior Citizen Housing Corporation Board, please state: your name, residence,
and organization/group you represent, if desired. Please respect the time limits.
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://www.elsepundo.or_p/_povemmenUdepartments/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.
Page 1 of 47
CALL TO ORDER/ROLL CALL
PUBLIC COMMUNICATION — (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 Senior Citizen Housing Corporation Board on behalf of
another, and employees speaking on behalf of their employer, must so identify
themselves prior to addressing the Senior Citizen Housing Corporation Board.
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 action on any item not on the
agenda.
A. CONSENT
Approval of Meeting Minutes
Recommendation -
1. Approve the regular Senior Citizen Housing Corporation Minutes from
March 26, 2025.
2. Alternatively, discuss and take other action related to this item.
B. UNFINISHED BUSINESS
C. NEW BUSINESS
2. President's Report
Recommendation -
1. Receive and file reports regarding correspondence, meetings, and
business related to Park Vista.
2. Alternatively, discuss and take other actions related to this item.
3. Financial Statements and LAIF (Local Aaencv Investment Fund
Recommendation -
1. Receive and file the status of reports including, but not limited to,
statements, invoices, and finances for March and April 2025.
2. Alternatively, discuss and take other action related to this item.
4. Review of the Pine Tree Removal Request
Recommendation -
1. Receive and file the request to review the pine tree debris and safety
hazards.
2
Page 2 of 47
2. Alternatively, discuss and take other action related to this item.
5. Review of Parkina Availabilitv, Waitlist Policv, and Rate Structure
Recommendation -
1. Review parking availability, waitlist policy, and rate structure, and
consider possible amendments to the same.
2. Alternatively, discuss and take other action related to this item.
D. REPORTS - COMMUNITY DEVELOPMENT DEPARTMENT
6. Upcomina Events
Recommendation -
1. Receive and file the updates about upcoming events at the Joslyn
Center and citywide.
7. Park Vista Future Operations Analysis
Recommendation -
1. Receive and file the report regarding an upcoming Park Vista future
operations analysis.
2. Alternatively, discuss and take other action related to this item.
E. REPORTS — SENIOR CITIZENS HOUSING BOARD
A General Report From Individual Board Members
F. REPORTS — MANAGEMENT (CADMAN GROUP)
8. Update Regarding the Rowing Machine in the Recreation Room
Recommendation -
1. File and receive the update for the rowing machine in the recreation
room.
2. Alternatively, discuss and take other action related to this item.
ADJOURNMENT
POSTED:
DATE: May 22, 2025
TIME: 6:00 PM
BY:
3
Page 3 of 47
MINUTES OF THE MEETING
El Segundo Senior Citizen Housing Board Corporation
Wednesday,
Mach 26, 2025
Park Vista Senior Housing
615 E. Holly Avenue, El Segundo, CA 90245
CALL TO ORDER:
The meeting was called to order at 3:35 p.m. by Board Paul Lanyi.
ROLL CALL
Members Present: Paul Lanyi
Tim Whelan
Denise Fessenbecker
Julia Newman
Paula Rotolo
Julia Newman
Paula Rotolo
Others: Neil Cadman
Venus Wesson
Agnes Ho
Ryan Delgado
PUBLIC COMMUNICATION. (Suggestion Box Comments)
• A resident inquired about having a yard sale on June 1, 2025. The Board asked what the
City's position is on requesting a yard sale. Ryan stated that he would need approval from
Michael to proceed. Paul asked Agnes to follow up with Michael.
• An inquiry dated March 25, 2025, requested input from the City and Cadman Group
regarding what happens if a resident loses their Social Security checks. Paul stated that the
City Council is the appropriate board to direct those concerns to for a response.
• A comment was made requesting that the broken rowing machine bench on the 1st floor
recreation room be fixed or replaced. Neil responded that it's an insurance issue, but if the
machine is broken, it needs to be removed. He informed the Board that if they would like to
replace the machine, he would obtain a quote for a maintenance contract to comply with
insurance requirements. Paul asked if Neil could remove the broken piece and provide a
quote for a new machine along with a maintenance contract to be presented at the next
meeting agenda.
• A letter dated March 13, 2025, from Mr. and Mrs. Fischer raised concerns about pine trees
dropping sap, pinecones, and branches onto their balcony. It is causing damage to patio
furniture and poses potential bodily injury risks. They are requesting the trees be removed.
Paul requested that the item be placed on the agenda, including the City and arborist's
policies on tree removal.
A. CONSENT
1. APPROVAL OF MEETING MINUTES
Paul Lanyi motion and Paula Rotolo second, to approve the February 26, 2025, Meeting
Minutes. The motion passed 5-0.
Page 4 of 47
B. UNFINISHED BUSINESS
None.
C. NEW BUSINESS
2. President's Report (Paul Lanyi)
• Paul informed everyone that he would be presenting the State of the Union this Tuesday,
April 1st, to City Council.
• Paul inquired about the number of parking spots available at Park Vista. Neil stated that
he believes there are approximately 50 spots.
• Paul asked if any spots had become available in the last few years. He mentioned that there
is a waiting list. Paul then asked Neil how long the list is. Neil stated that it is fairly long. It
is a two -tiered list: all new residents are placed on the waiting list for outside parking spots,
and current tenants are moved to the inside parking garage list. Paul inquired if the outside
parking lot rate for new tenants and if it should be adjusted. Neil stated that a deadline would
need to be created in case current tenants want to be added to the list. Paul asked if a
breakdown of rates and how often spots become available- weekly or annually -could be
added to the agenda for the next meeting.
• Denise suggested that the rates for new tenants was already substantially high for new
tenant, that she didn't think it would be a good idea.
Receive and file: Motion carried 5-0
3. Financial Statements and LAIF (Local Agency Investment Fund). (Neil Cadman)
• Paul inquired if the $48k per year for Uriel is covered under the maintenance budget. Neil
stated that it all falls under the maintenance budget.
• Paula inquired about the 6 items for Spectrum. Neil stated that he caught it last month that
the Spectrum covers multiple layers of billing for the facility, including internet, cable, and
telephones.
Receive and file: Motion carried 5-0
D. REPORTS — COMMUNITY DEVELOPMENT DEPARTMENT
4. Upcoming Events (Ryan Delgado)
• Mr. Delgado informed residents about the new Arts and Crafts activity starting on April 11,
2025, from 10:00 a.m. to 11:00 a.m. at the Joslyn Center. For more information, contact the
Joslyn Center.
• The Strider Walking Group will begin on April 15, 2025, and will involve a one -mile walk
each way. The meeting location is at the Joslyn Center.
• The upcoming annual ElderFest, themed "Flipping the Script on Aging," will be held in
May at the Joslyn Center from 11:00 a.m. to 1:00 p.m. All nomination forms to nominate a
resident as the Older American of the Year must be submitted to the Joslyn Center by
April 15.
E. REPORTS — SENIOR CITIZENS HOUSING BOARD
Agnes reminded the board that their Form 700 needs to be completed. If anyone needs
assistance, they should reach out to her directly.
F. REPORTS — MANAGEMENT (CADMAN GROUP)
• Monday, March 24th, the El Segundo Fire Department installed an AED device, provided
training, and explained to the tenants that they are covered by law. It is believed that the
next meeting will be held in a couple of months. Paul asked how many devices are going to
be installed throughout the facility and what the cost would be.
Page 5 of 47
• He informed the board that he recently moved $88,000 to the CAMP account whenever the
main account exceeds the $150,000 threshold.
ADJOURNMENT: 4:05 PM
NEXT MEETING: Wednesday, April 23, 2025
Page 6 of 47
0
CADMAN ROUP
PARK VISTA
Financial Reporting Analysis
March 2025
Gross Income: $93,010.18
Gross Expenses: $50,533.12
Expenses for the month were normal except for the following:
• Maintenance of $22,761.64. Normal operations with one major vacancy prep of
$9, 014.00
• No water bills in March.
• Bank interest of $8,191.82 reported by the City for March.
Net Income: $34,285.24
Total Account Balances: $2,404,233.42
NOTE: THIS DOCUMENT IS A SUMMARYAND ANALYSIS ONLY OF THE MONTHLY FINANCIAL
STATEMENTS FOR PARK VISTA. THEYARE NOT PART OF THE ACTUAL FINANCIAL STATEMENTS FOR
PARK VISTA.
Page 7 of 47
Total number of vacancies for the month: 99% occupied on 3/1/2025
99% occupied on 3/31/2025
Move -outs: 1
Move -ins: 1
Notices to Vacate: 1
Budget Comparison Notes:
Operations: Operations for the month performed $25,910.69 over budget for March,
$112,057.45 over budget YTD.
Income
• Income for the month of March $6,253.17 over budget for March, $29,232.66 over
budget YTD.
Expenses:
• Overall expenses for March $25,910.69 under budget, $82,824.79 under budget YTD.
• Maintenance $1,821.70 under budget for March, $30,982.90 under budget YTD.
• Electricity under budget for March by $426.41, and $968.25 under budget YTD.
• Gas over budget by $1,782.25 for March and 1,520.98 over budget YTD.
• Cable Television under budget by $269.87 for March, $368.58 under budget YTD.
• Water performing $2,849.79 over budget YTD.
• Telephone $2,468.97 under budget for March and 7,357.08 under budget YTD.
• Elevator service over budget by $6,822.02 due to the final payment of the new
flooring.
NOTE: THIS DOCUMENT IS A SUMMARYAND ANALYSIS ONLY OF THE MONTHLY FINANCIAL
STATEMENTS FOR PARK VISTA. THEYARE NOT PART OF THE ACTUAL FINANCIAL STATEMENTS FOR
PARK VISTA.
Page 8 of 47
EL SEGUNDO SENIOR CITIZENS HOUSING
DEVELOPMENT CORPORATION
350 MAIN STREET, EL SEGUNDO, CA 90245
April 10, 2025
RE: Interest Income from Deposit with the City, per Agreement for Investment of Funds
Dear President:
The deposit and interest for the quarter/month ending is as follows:
Q3-2024
March-25
Original
Beginning balance at December 31, 2024
$
2,108,116.49
Accrued: Interest (Posted quarterly)
$
23,723.92
Add: Deposits Transfer in
2/13/2025
$
49,647.14
Add: Deposits Transfer in
3/20/2025
$
88,000.00
Less: Withdrawals
As of
TOTAL IN LAIF/CAMP - G/L# 504-101-0000-0004:
3/31/2025
$
2,269,487.55
Accrued Interest (posted quarterly by the 15th day following quarter ):
Interest Earned
January @ 4.550% Actual CAMP
for 31 days
8,146.57
Interest Earned
February @ 4.510% Actual CAMP
for 28 days
7,385.53
Interest Earned
March @ 4.470% Actual CAMP
for 31 days
8,191.82
Accrued Interest
quarter to date
23,723.92
Interest earned is based on the interest earnings rate the City of El Segundo received from the
California Asset Management Program and the number of days the funds were held by the City
during the given period. Per the understanding reached at the September 1997 meeting of the
Board of Directors, interest will be credited to the account and compounded on a quarterly
basis. Interest shown for each month is for your information only.
If you have any questions, please do not hesitate to give me a call.
Sincerely,
Di � R. lYaylof e (
Dino R. Marsocci
Treasury & Customer Services Manager
Cc: Paul Chung, Chief Financial Officer
Eva Gettler, Accounting Supervisor
Michael Allen, Community Development Director
Neil Cadman, Facility Management for Park Vista
Eduardo Schonborn, Planning Manager
Venus Wesson, Sr. Admin Specialist
Agnes Ho, Administrative Analyst
PACity Treasurer\MEMOS & SIGNATURES\Senior Housing Reports\2025\SENIOR HOUSING REPORT 2025.x1s
Page 9 of 47
Income Statement
Cadman Group
Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245
Owned By: El Segundo Senior Citizens Housing Corporation
As of: Mar 2025
Accounting Basis: Cash
Level of Detail: Detail View
Include Zero Balance GL Accounts: No
Account Name
Selected Month
% of Selected Month
Year to Month End
% of Year to Month End
Operating Income &
Expense
Income
RENT
Rent Income
86,216.00
101.65
257,396.00
97.16
Parking Income
1,660.49
1.96
4,985.88
1.88
Total RENT
87,876.49
103.61
262,381.88
99.04
Maintenance Charge
0.00
0.00
2,089.02
0.79
(Income Account)
Prepayment
-3,561.51
-4.20
-1,140.37
-0.43
Laundry Income
503.38
0.59
1,597.70
0.60
Total Operating Income
84,818.36
100.00
264,928.23
100.00
Expense
Fire Service
0.00
0.00
510.00
0.19
Maintenance
22,761.64
26.84
42,767.12
16.14
Elevator service
1,614.12
1.90
10,572.02
3.99
Gardening
3,263.88
3.85
5,047.37
1.91
Management Fees
16,500.00
19.45
49,500.00
18.68
Pest Control
4.63
0.01
862.94
0.33
Licenses and Permits
0.00
0.00
0.00
0.00
Electricity
1,656.93
1.95
5,281.77
1.99
Gas
3,448.92
4.07
6,520.99
2.46
Water
0.00
0.00
10,650.21
4.02
Telephone/Internet
281.03
0.33
892.92
0.34
Trash
0.00
0.00
335.83
0.13
Cable/Television
32.19
0.04
11,551.72
4.36
Office Supplies
103.16
0.12
988.35
0.37
Advertising &
566.62
0.67
725.40
0.27
Promotion
Legal Expenses
300.00
0.35
300.00
0.11
(Expense account)
Total Operating
50,533.12
59.58
146,506.64
55.30
Expense
NOI - Net Operating
34,285.24
40.42
118,421.59
44.70
Income
Other Income & Expense
Other Income
Interest on Bank
8,191.82
9.66
23,723.92
8.95
Accounts
Total Other Income
8,191.82
9.66
23,723.92
8.95
Created on 04/10/2025 Pagep?Wdf 47
Income Statement
Account Name
Selected Month
% of Selected Month
Year to Month End
% of Year to Month End
Net Other Income
8,191.82
9.66
23,723.92
8.95
Total Income
93,010.18
109.66
288,652.15
108.95
Total Expense
50,533.12
59.58
146,506.64
55.30
Net Income
42,477.06
50.08
142,145.51
53.65
Created on 04/10/2025 PagePlgedf 47
Balance Sheet
Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245
As of: 03/31 /2025
Accounting Basis: Cash
Include Zero Balance GL Accounts: No
Account Name
ASSETS
Cash
Cash in Bank
Park Vista Reserve Account - LAIF
Total Cash
Tenant Account Receivable
Building Improvements
Equipment
Furnishings
Personal Property
Accumulated Depreciation
TOTAL ASSETS
Balance
134,745.87
2,269,487.55
2,404,233.42
100.00
1,031,873.00
149,355.00
153,863.00
-0.05
-850,766.00
2,888,658.37
LIABILITIES & CAPITAL
Liabilities
Security Deposit Interest
-530.00
Pet Deposit
4,325.00
Key Deposit
1,830.00
Security Deposit
77,987.00
Passthrough Cash Account
-946.00
Accounts Payable
30,698.00
Total Liabilities
113,364.00
Capital
Owner Contribution
35,996.00
Owner Distribution
-35,996.00
Retained Earnings
118,794.95
Prior Years Retained Earnings
12,696.00
Calculated Retained Earnings
142,145.51
Calculated Prior Years Retained Earnings
2,501,657.91
Total Capital
2,775,294.37
TOTAL LIABILITIES & CAPITAL
2,888,658.37
Created on 04/10/2025 Pagepf2edf 47
Bill Detail
Properties: Park Vista - 615 E. Holly Avenue El Segundo,
CA 90245
Payees: All
Payment Type: All
Created By: All
GL Accounts: All
Bill Status: All
Date Type: Bill Date
Date Range: 03/01/2025 to 03/31/2025
Show Reversed Transactions: No
Project: All
Reference Bill Date Due Date
GL Account
Property Unit
2120 - Passthrough Cash Account
03/11/2025 03/11/2025
2120 -
Park Vista - 321
Passthrough
615 E. Holly
Cash
Avenue El
Account
Segundo, CA
90245
6210 - Maintenance
9234733212 03/04/2025 03/04/2025
6210 -
Park Vista - 412
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9234780159 03/07/2025 03/07/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
30174 03/07/2025 03/07/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
CC073781 03/10/2025 04/09/2025 6210 - Park Vista - 424
Maintenance 615 E. Holly
Avenue El
Segundo, CA
90245
Payee Name Paid Unpaid Check # Paid Date Description Work Order
Issue
Alonte, Ben 270.00 0.00 5825 03/12/2025 Ben Alonte,
Park Vista -
321: Move
Out Refund
HD Supply
131.39
0.00 5823
03/10/2025
Vacancy/
Prep -New
toilet tank.
HD Supply
207.27
0.00 5823
03/10/2025
Maintenance
supplies;
bathroom
vanity
cabinet.
TRIANGLE
270.00
0.00 597C-3C00
03/18/2025
Repairs
AIR SYSTEM
made to A/C
OR VLAD
motor in A/C
BALAS
room,
serviced and
left working
properly
again.
Carpet
408.46
0.00 7AA7-DABO
04/09/2025
Replaced
Concepts
20+ years old
kitchen
flooring
coming apart
and causing
trip hazard
with new
Created on 04/10/2025
PageP? edf 47
Bill Detail
Reference Bill Date Due Date GL Account Property Unit
9234889293
03/10/2025
03/10/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9234889295
03/10/2025
03/10/2025
6210 -
Park Vista - 321
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9234889296
03/10/2025
03/10/2025
6210 -
Park Vista - 321
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9234889297
03/10/2025
03/10/2025
6210 -
Park Vista - 321
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9234950906
03/11/2025
03/11/2025
6210 -
Park Vista - 321
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9234950907
03/11/2025
03/11/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
203756
03/11/2025
03/11/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
203755
03/11/2025
03/11/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
203751
03/11/2025
03/11/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Payee Name
HD Supply
HD Supply
HD Supply
Paid Unpaid Check #
100.37 0.00 5825
124.82
142.34
HD Supply 2,872.86
HD Supply 141.26
HD Supply 102.69
Montalvo, 120.00
Uriel
Montalvo, 250.00
Uriel
Montalvo, 265.00
Uriel
Paid Date Description Work Order
Issue
vinyl flooring.
03/17/2025 Maintenance
supplies for
the building.
0.00 5825
03/17/2025
Vacancy/
Prep # 321-
Light fixtures
0.00 5825
03/17/2025
Vacancy/
Prep # 321-
New ceiling
fan
0.00 5825
03/17/2025
Vacancy/
Prep # 321-
New
Refrigerator,
gas range,
and
dishwasher
machine.
0.00 5825
03/17/2025
Vacancy/
Prep # 321--
New range
hood
0.00 5825
03/17/2025
Janitor -
Cleaning
supplies.
0.00 8FD8-1660
03/19/2025
Updated (1)
light in media
room to an
LED strip
light.
0.00 8FD8-1660
03/19/2025
Updated (2)
old garage
lights to new
T12 48" LED
strip lights.
0.00 8FD8-1660
03/19/2025
Updated (2)
garage lights
to LED.
Created on 04/10/2025
PageP?4edf 47
Bill Detail
Reference
Bill Date
Due Date
GL Account
Property Unit
Segundo, CA
90245
9234985902
03/12/2025
03/12/2025
6210 -
Park Vista - 321
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9234985903
03/12/2025
03/12/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9234985904
03/12/2025
03/12/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
48331
03/12/2025
03/12/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
48351
03/12/2025
03/12/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
48353 03/12/2025 03/12/2025 6210 - Park Vista -
Maintenance 615 E. Holly
Avenue El
Segundo, CA
90245
48363 03/12/2025 03/12/2025 6210 - Park Vista -
Maintenance 615 E. Holly
Avenue El
Segundo, CA
90245
9235057091 03/14/2025 03/14/2025 6210 - Park Vista -
Created on 04/10/2025
Work Order
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
HD Supply
49.38
0.00 5825
03/17/2025
Vacancy/
Prep # 321-
New toilet
seat
HD Supply
21.89
0.00 5825
03/17/2025
Janitor -
Cleaning
supplies.
HD Supply
72.91
0.00 5825
03/17/2025
Maintenance
supplies.
Southbay
47.70
0.00 3000000584
03/19/2025
Maintenance
Industrial
supplies; 16"
Hardware
toilet water
lines, clamp,
sawzall blade
pack.
Southbay
67.85
0.00 3000000584
03/19/2025
Maintenance
Industrial
supplies; pop
Hardware
up assembly -
brass, pop up
assembly -
non metallic,
pop up plug
wrench.
Southbay
49.45
0.00 3000000584
03/19/2025
Maintenance
Industrial
supplies;
Hardware
flexible sink
trap, p sink
trap, flexi-
drain
extension,
flexi-drain
connector.
Southbay
197.07
0.00 3000000584
03/19/2025
Maintenance
Industrial
supplies;
Hardware
garbage
disposal,
impact bit
set.
HD Supply
12.36
0.00 5825
03/17/2025
Janitor
PageP?Wc3f 47
Bill Detail
Work Order
Reference
Bill Date
Due Date
GL Account
Property
Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
Maintenance
615 E. Holly
Supplies
Avenue El
Segundo, CA
90245
252038
03/14/2025
03/14/2025
6210 -
Park Vista -
412
Industrial
390.00
0.00 3000000583
03/18/2025
Emergency
Maintenance
615 E. Holly
Lock &
call
Avenue El
Security Inc.
afterhours;
Segundo, CA
key no longer
90245
worked in
unit door
lock,
locksmith
came out to
repair lock
with keys, left
working
properly
again.
203780
03/14/2025
03/14/2025
6210 -
Park Vista -
214
Montalvo,
250.00
0.00 8FD8-1660
03/19/2025
Urgent call
Maintenance
615 E. Holly
Uriel
for toilet not
Avenue El
working,
Segundo, CA
snaked to
90245
clear clog,
fixed water
pressure.
203779
03/14/2025
03/14/2025
6210 -
Park Vista -
105
Montalvo,
275.00
0.00 8FD8-1660
03/19/2025
Replaced
Maintenance
615 E. Holly
Uriel
garbage
Avenue El
disposal.
Segundo, CA
90245
203758
03/14/2025
03/14/2025
6210 -
Park Vista -
Montalvo,
450.00
0.00 8FD8-1660
03/19/2025
Hauled away
Maintenance
615 E. Holly
Uriel
trash, old
Avenue El
appliances
Segundo, CA
from vacancy
90245
preps.
38518
03/17/2025
03/17/2025
6210 -
Park Vista -
Cadman
83.20
0.00 ACH
03/17/2025
Quill
Maintenance
615 E. Holly
Group
INV42945547
Avenue El
- cleaning
Segundo, CA
supplies
90245
38518
03/17/2025
03/17/2025
6210 -
Park Vista -
Cadman
125.01
0.00 ACH
03/17/2025
Quill INV
Maintenance
615 E. Holly
Group
42963586
Avenue El
-cleaning
Segundo, CA
supplies
90245
38518
03/17/2025
03/17/2025
6210 -
Park Vista -
Cadman
53.64
0.00 ACH
03/17/2025
Quill INV
Maintenance
615 E. Holly
Group
42965588 -
Avenue El
white
Created on 04/10/2025
Pagep?Wdf 47
Bill Detail
Work Order
Reference
Bill Date
Due Date
GL Account
Property Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
Segundo, CA
bathroom
90245
wall cabinet
38518
03/17/2025
03/17/2025
6210 -
Park Vista -
Cadman
125.00
0.00 ACH
03/17/2025
IT services -
Maintenance
615 E. Holly
Group
issues with
Avenue El
maintenance
Segundo, CA
email and set
90245
up
203797
03/17/2025
03/17/2025
6210 -
Park Vista -
Montalvo,
150.00
0.00 8FD8-1660
03/19/2025
Repairs
Maintenance
615 E. Holly
Uriel
made to
Avenue El
lower parking
Segundo, CA
gate.
90245
10102024
03/18/2025
03/18/2025
6210 -
Park Vista -
Peraza,
290.00
0.00 8FDA-7BF0
03/19/2025
Reconnected
Maintenance
615 E. Holly
Gabriel
IDTECK
Avenue El
access
Segundo, CA
control
90245
system for
main
computer,
updated
system,
cleaned
inside, left
working
properly.
69308
03/19/2025
03/19/2025
6210 -
Park Vista -
American
2,440.00
0.00 E48F-03A0
03/24/2025
Prune and
Maintenance
615 E. Holly
Arbor Care
shape (7)
Avenue El
Canary
Segundo, CA
Island Pines
90245
on property.
9235196494
03/19/2025
03/19/2025
6210 -
Park Vista -
HD Supply
130.60
0.00 5826
03/24/2025
Maintenance
Maintenance
615 E. Holly
supplies;
Avenue El
moisture
Segundo, CA
absorbers,
90245
Honeywell
thermostats.
9235196495
03/19/2025
03/19/2025
6210 -
Park Vista -
HD Supply
125.93
0.00 5826
03/24/2025
Maintenance
Maintenance
615 E. Holly
supplies;
Avenue El
packs of AA
Segundo, CA
batteries for
90245
smoke/Co2
detectors.
9235196496
03/19/2025
03/19/2025
6210 -
Park Vista -
HD Supply
116.02
0.00 5826
03/24/2025
Maintenance
Maintenance
615 E. Holly
supplies;
Avenue El
LED bulbs.
Segundo, CA
90245
Created on 04/10/2025
Pagepf7e& 47
Bill Detail
Reference Bill Date Due Date GL Account
Property Unit
9235196497 03/19/2025 03/19/2025 6210-
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235255765 03/20/2025 03/20/2025 6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235255766
03/20/2025
03/20/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235298642
03/21/2025
03/21/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235298644
03/21/2025
03/21/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235298645
03/21/2025
03/21/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
CC073996
03/25/2025
04/24/2025
6210 -
Park Vista - 321
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235399268 03/25/2025 03/25/2025 6210 - Park Vista -
Maintenance 615 E. Holly
Created on 04/10/2025
Work Order
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
HD Supply
116.02
0.00 5826
03/24/2025
Maintenance
supplies;
LED bulb
packs.
HD Supply
51.52
0.00 5826
03/24/2025
Maintenance
supplies; wire
fastening nail
hooks for
ceiling, bend
screw hooks
hardware
packs.
HD Supply
81.08
0.00 5826
03/24/2025
Maintenance
Supplies;
gallons of
commercial
drain cleaner.
HD Supply
12.03
0.00 5826
03/24/2025
Maintenance
supplies.
HD Supply
4.37
0.00 5826
03/24/2025
Maintenance
supplies.
HD Supply
166.06 0.00 5826 03/24/2025 Maintenance
supplies;
shower
stems,
shower
faucets.
Carpet
0.00 1,076.04 Vacancy
Concepts
prep; new
carpeting
installed and
carpet
padding in
studio unit
living areas,
new vinyl
installed in
kitchen and
bathroom.
HD Supply
96.32 0.00 5827 04/01/2025 Maintenance
supplies.
PagePTSe6f 47
Bill Detail
Reference Bill Date Due Date GL Account Property Unit
Avenue El
Segundo, CA
90245
3242025-60389-03/25/2025 03/25/2025 6210 - Park Vista -
Maintenance 615 E. Holly
Avenue El
Segundo, CA
90245
3242025-603899DW25/2025 03/25/2025 6210 - Park Vista -
Maintenance 615 E. Holly
Avenue El
Segundo, CA
90245
9235489992 03/28/2025 03/28/2025 6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
44974 03/28/2025 03/28/2025 6210 -
Park Vista - 321
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
Payee Name
Peraza,
Gabriel
Peraza,
Gabriel
HD Supply
Total
Maintenance
Group, Inc.
Paid Unpaid Check #
0.00 1,420.00
0.00 920.00
34.82 0.00 5829
0.00 8,910.00
Paid Date Description Work Order
Issue
(3) new
security
cameras
supplied,
installed and
configured to
work with
system and
new DVR,
including new
weather
protected
cabling,
junction box
install and
connectors.
New DVR
upgrade
supplied and
installed to
coordinate
with new
cameras
needed in
garage/
parking
areas,
includes
installation,
setup and
configuration.
04/09/2025 Janitor -
Cleaning
supplies.
Vacancy
prep; entire
studio unit
prep and
paint walls,
ceilings,
cabinets,
closets, patio,
remove
contact paper
Created on 04/10/2025
PageP?Wdf 47
Bill Detail
Work Order
Reference
Bill Date
Due Date
GL Account
Property Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
in kitchen
drawers,
resurface
kitchen
countertops,
supply +
replace
cabinet
hinges,
sliding door
tracks,
cabinet
knobs, install
new
appliances.
45060
03/28/2025
03/28/2025
6210 -
Park Vista - 321
Total
155.00
0.00 B7EO-0530
04/10/2025
Vacancy
Maintenance
615 E. Holly
Maintenance
prep; studio
Avenue El
Group, Inc.
unit cleaning
Segundo, CA
after
90245
construction
work done.
9235554938
03/31/2025
03/31/2025
6210 -
Park Vista -
HD Supply
121.12
0.00 5829
04/09/2025
Maintenance
Maintenance
615 E. Holly
supplies for
Avenue El
the building.
Segundo, CA
90245
408566
03/31/2025
03/31/2025
6210 -
Park Vista -
Montalvo,
250.00
0.00 B7E2-OF10
04/10/2025
Installed (1)
Maintenance
615 E. Holly
Uriel
set of new
Avenue El
LED lights in
Segundo, CA
upper garage
90245
middle
ceiling.
203781
03/31/2025
03/31/2025
6210 -
Park Vista -
Montalvo,
250.00
0.00 137E2-0F10
04/10/2025
Installed new
Maintenance
615 E. Holly
Uriel
LED light
Avenue El
fixture on
Segundo, CA
upper garage
90245
east corner.
11,997.81
12,326.04
6245 - Elevator service
151401899729 03/20/2025
03/20/2025
6245 -
Park Vista -
Amtech
1,614.12
0.00 9059-1620
03/20/2025
Quarterly
Elevator
615 E. Holly
Elevator
Service 4/1/
service
Avenue El
Service
25 - 6/30/25
Segundo, CA
90245
Created on 04/10/2025 Paged@e& 47
Bill Detail
Work Order
Reference Bill Date
Due Date
GL Account
Property Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
6250 - Gardening
6678 03/25/2025
03/25/2025
6250 -
Park Vista -
Octavio
1,303.49
0.00 4637-79E0
03/25/2025
Monthly
Gardening
615 E. Holly
Rojas
Service -
Avenue El
Landscaping
February
Segundo, CA
90245
6651 03/25/2025
03/25/2025
6250 -
Park Vista -
Octavio
1,303.49
0.00 4637-79E0
03/25/2025
Monthly
Gardening
615 E. Holly
Rojas
Service -
Avenue El
Landscaping
January
Segundo, CA
90245
6651 03/25/2025
03/25/2025
6250 -
Park Vista -
Octavio
656.90
0.00 4637-79E0
03/25/2025
Extra
Gardening
615 E. Holly
Rojas
supplies and
Avenue El
Landscaping
approved
Segundo, CA
work Jan
90245
2025, (501b)
of lawn
fertilizer,
replace
valves and
sprinklers
6720 03/31/2025
03/31/2025
6250 -
Park Vista -
Octavio
229.00
0.00 6DD4-5D30
04/01/2025
Monthly
Gardening
615 E. Holly
Rojas
Service -
Avenue El
Landscaping
March
Segundo, CA
90245
3,492.88
0.00
6270 - Management Fees
03/03/2025
03/03/2025
6270 -
Park Vista -
Cadman
16,500.00
0.00 ACH
03/03/2025
Management
Management
615 E. Holly
Group
Fees for 03/
Fees
Avenue El
2025
Segundo, CA
90245
6315 - Pest Control
457524070 03/28/2025
03/28/2025
6315 - Pest
Park Vista -
Terminix
4.63
0.00 3000000587
03/31/2025
Environmental
Control
615 E. Holly
safety
Avenue El
surcharge
Segundo, CA
90245
6410 - Electricity
700394170456 03/19/2025
03/19/2025
6410 -
Park Vista -
Edison
1,532.35
0.00 3000000585
03/19/2025
service 2/10/
Electricity
615 E. Holly
25-3/11/25
Avenue El
Created on 04/10/2025
Pagep2jecf 47
Bill Detail
Work Order
Reference Bill Date
Due Date
GL Account
Property Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
Segundo, CA
90245
700587779325 03/19/2025
03/19/2025
6410 -
Park Vista - 109
Edison
124.58
0.00 3000000586
03/19/2025
service 2/10/
Electricity
615 E. Holly
25-3/11/25
Avenue El
Segundo, CA
90245
1,656.93
0.00
6420 - Gas
075 005 03/14/2025
03/14/2025
6420 - Gas
Park Vista -
SoCalGas
6.62
0.00 3000000581
03/14/2025
service 2/3/
32978
615 E. Holly
25-3/5/25
Avenue El
Segundo, CA
90245
056 105 03/14/2025
03/14/2025
6420 - Gas
Park Vista -
SoCalGas
1,721.15
0.00 3000000582
03/17/2025
service 2/3/
32003
615 E. Holly
25-3/5/25
Avenue El
Segundo, CA
90245
6445 - Telephone/Internet
38518 03/17/2025 03/17/2025 6445-
Park Vista -
Telephone/
615 E. Holly
Internet
Avenue El
Segundo, CA
90245
8448 30 006 03/27/2025 03/27/2025 6445 -
Park Vista -
0397046 Telephone/
615 E. Holly
Internet
Avenue El
Segundo, CA
90245
6455 - Cable/Television
8448 30 006 03/19/2025
03/19/2025 6455 - Cable/
Park Vista -
0255251
Television
615 E. Holly
Avenue El
Segundo, CA
90245
7420 - Office Supplies
38518 03/17/2025
03/17/2025 7420 - Office
Park Vista -
Supplies
615 E. Holly
Created on 04/10/2025
Cadman
Group
Spectrum
Spectrum
Cadman
Group
1,727.77
0.00
49.86
0.00 ACH
231.17
0.00 ACH
281.03
32.19
10.99
0.00
0.00 ACH
0.00 ACH
03/17/2025 AT&T mobile
account
1029605353
03/27/2025 service 3/8/
25-4/7/25
03/19/2025 service 3/1/
25-3/29/25
03/17/2025 Quill INV
42613663-
Pagga22 1Sf 47
Bill Detail
Reference Bill Date Due Date GL Account Property Unit
Avenue El
Segundo, CA
90245
38518 03/17/2025 03/17/2025 7420 - Office Park Vista -
Supplies 615 E. Holly
Avenue El
Segundo, CA
90245
7450 - Advertising & Promotion
38518 03/17/2025 03/17/2025 7450 -
Park Vista -
Advertising &
615 E. Holly
Promotion
Avenue El
Segundo, CA
90245
7610 - Legal Expenses (Expense account)
8419 03/03/2025 03/03/2025 7610 - Legal
Park Vista -
Expenses
615 E. Holly
(Expense
Avenue El
account)
Segundo, CA
90245
Total
Payee Name Paid Unpaid Check # Paid Date Description Work Order
Issue
Coffee
supplies
Cadman 92.17 0.00 ACH 03/17/2025 Quill INV -
Group 42743038-
kitchen
supplies
Cadman
Group
Joseph L.
Cruz, APC
103.16 0.00
566.62 0.00 ACH
03/17/2025 1st Quarter
Anniversary -
Food
300.00 0.00 34EF-4940 03/04/2025
38,547.14 12,326.04
Created on 04/10/2025 Pag9131& 47
Budget - Comparative
Properties: Park Vista - 615 E.
Holly Avenue
El Segundo, CA 90245
Period Range: Mar 2025 to Mar 2025
Comparison Period Range: Mar 2024 to
Mar 2024
Additional Account Types: Asset, Cash,
Liability, Capital
Accounting Basis: Cash
Level of Detail: Detail View
Comparison
Comparison
Comparison $
Comparison %
Account Name Period Actual
Period Budget Period $
Variance
Period % Variance
Actual
Budget
Variance
Variance
Income
RENT
Rent Income
86,216.00
80,325.00
5,891.00
7.33%
79,147.00
78,690.00
457.00
0.58%
Parking Income
1,660.49
1,654.44
6.05
0.37%
1,663.92
1,622.00
41.92
2.58%
Total RENT
87,876.49
81,979.44
5,897.05
7.19%
80,810.92
80,312.00
498.92
0.62%
Vacancy
0.00
-4,016.25
4,016.25
100.00%
0.00
-2,916.67
2,916.67
100.00%
Prepayment
-3,561.51
0.00
-3,561.51
-
460.49
0.00
460.49
-
Laundry Income
503.38
602.00
-98.62
-16.38%
425.67
860.00
-434.33
-50.50%
Total Budgeted
84,818.36
78,565.19
6,253.17
7.96%
81,697.08
78,255.33
3,441.75
4.40%
Operating Income
Expense
Fire Service
0.00
833.34
833.34
100.00%
0.00
833.34
833.34
100.00%
Fire Extinguisher
0.00
83.34
83.34
100.00%
0.00
0.00
0.00
0.00%
Service
Maintenance
22,761.64
24,583.34
1,821.70
7.41%
11,367.42
17,500.00
6,132.58
35.04%
Elevator service
1,614.12
1,250.00
-364.12
-29.13%
2,969.30
1,250.00
-1,719.30
-137.54%
Gardening
3,263.88
1,750.00
-1,513.88
-86.51%
1,215.59
1,750.00
534.41
30.54%
Management
16,500.00
16,500.00
0.00
0.00%
16,500.00
16,500.00
0.00
0.00%
Fees
Pest Control
4.63
500.00
495.37
99.07%
175.00
500.00
325.00
65.00%
Insurance -
0.00
2,708.34
2,708.34
100.00%
0.00
0.00
0.00
0.00%
Property
Earthquake
0.00
7,916.67
7,916.67
100.00%
0.00
0.00
0.00
0.00%
Insurance
Licenses and
0.00
50.00
50.00
100.00%
450.00
50.00
-400.00
-800.00%
Permits
Electricity
1,656.93
2,083.34
426.41
20.47%
1,827.94
2,350.00
522.06
22.22%
Gas
3,448.92
1,666.67
-1,782.25
-106.93%
1,770.70
2,000.00
229.30
11.46%
Water
0.00
4,500.00
4,500.00
100.00%
0.00
4,500.00
4,500.00
100.00%
Created on 04/10/2025
PageFNedf 47
Budget - Comparative
Comparison
Comparison
Comparison $
Comparison %
Account Name
Period Actual
Period Budget
Period $ Variance
Period % Variance
Actual
Budget
Variance
Variance
Telephone/
281.03
2,750.00
2,468.97
89.78%
80.69
2,750.00
2,669.31
97.07%
Internet
Cable/Television
32.19
6,250.00
6,217.81
99.48%
4,294.54
6,250.00
1,955.46
31.29%
Office Supplies
103.16
400.00
296.84
74.21%
330.66
400.00
69.34
17.34%
Advertising &
566.62
1,166.67
600.05
51.43%
0.00
450.00
450.00
100.00%
Promotion
Entertainment
0.00
416.67
416.67
100.00%
0.00
0.00
0.00
0.00%
Legal Expenses
300.00
300.00
0.00
0.00%
350.00
300.00
-50.00
-16.67%
(Expense
account)
Bank Service
0.00
6.25
6.25
100.00%
0.00
6.25
6.25
100.00%
Fees
Postage
0.00
20.84
20.84
100.00%
0.00
20.84
20.84
100.00%
Professional Fees
0.00
708.34
708.34
100.00%
0.00
625.00
625.00
100.00%
Total Budgeted
50,533.12
76,443.81
25,910.69
33.90%
41,331.84
58,035.43
16,703.59
28.78%
Operating
Expense
Total Budgeted
84,818.36
78,565.19
6,253.17
7.96%
81,697.08
78,255.33
3,441.75
4.40%
Operating Income
Total Budgeted
50,533.12
76,443.81
25,910.69
33.90%
41,331.84
58,035.43
16,703.59
28.78%
Operating Expense
NOI - Net
34,285.24
2,121.38
32,163.86
1516.18%
40,365.24
20,219.90
20,145.34
99.63%
Operating Income
Other Income
Interest on Bank
8,191.82
4,166.67
4,025.15
96.60%
5,747.01
2,500.00
3,247.01
129.88%
Accounts
Total Budgeted
8,191.82
4,166.67
4,025.15
96.60%
5,747.01
2,500.00
3,247.01
129.88%
Other Income
Net Other Income
8,191.82
4,166.67
4,025.15
96.60%
5,747.01
2,500.00
3,247.01
129.88%
Total Budgeted
93,010.18
82,731.86
10,278.32
12.42%
87,444.09
80,755.33
6,688.76
8.28%
Income
Total Budgeted
50,533.12
76,443.81
25,910.69
33.90%
41,331.84
58,035.43
16,703.59
28.78%
Expense
Net Income
42,477.06
6,288.05
36,189.01
575.52%
46,112.25
22,719.90
23,392.35
102.96%
Created on 04/10/2025
PageF2'W6f 47
Budget - Comparative
Account Name
Period Actual
Period Budget
Period $ Variance Period % Variance
Cash
Cash in Bank
-53,954.76
0.00
53,954.76 -
Park Vista
96,191.82
0.00
-96,191.82 -
Reserve Account
- LAIF
Total Budgeted
42,237.06
0.00
-42,237.06 -
Cash
Liability
Key Deposit
30.00
0.00
30.00 -
Security Deposit
-270.00
0.00
-270.00 -
Total Budgeted
-240.00
0.00
-240.00 -
Liability
Comparison Comparison Comparison $ Comparison %
Actual Budget Variance Variance
42,473.24 0.00-42,473.24 -
5,747.01 0.00-5,747.01 -
48,220.25 0.00-48,220.25 -
30.00 0.00 30.00
2,078.00 0.00 2,078.00
2,108.00 0.00 2,108.00
Created on 04/10/2025
PageF SeSe& 47
r�
CADMAN ROUP
PARK VISTA
Financial Reporting Analysis
April 2025
Gross Income: $94,522.12
Gross Expenses: $51,332.85
Expenses for the month were normal except for the following:
• Maintenance of $15,791.12. Normal operations with some vacancy prep work.
• One water bill in April.
• Bank interest of $8,300.73 reported by the City for April.
Net Income: $43,189.27
Total Account Balances: $2,444,976.54
NOTE: THIS DOCUMENT IS A SUMMARYAND ANALYSIS ONLY OF THE MONTHLY FINANCIAL
STATEMENTS FOR PARK VISTA. THEYARE NOT PART OF THE ACTUAL FINANCIAL STATEMENTS FOR
PARK VISTA.
Page 27 of 47
Total number of vacancies for the month: 97.9% occupied on 4/1/2025
99% occupied on 4/30/2025
Move -outs: 0
Move -ins: 0
Notices to Vacate: 1
Budget Comparison Notes:
Operations: Operations for the month performed $25,910.69 over budget for April,
$112,057.45 over budget YTD.
Income
• Income for the month of April $36,901.22 over budget for April, $158,461.43 over
budget YTD.
Expenses:
• Overall expenses for April $25,910.69 under budget, $82,824.79 under budget YTD.
• Maintenance $8,792.22 under budget for April, $39,775.12 under budget YTD.
• Electricity under budget for April by $537.48, and $1,505.73 under budget YTD.
• Gas over budget by $62.83 for April and $3,304.36 over budget YTD.
• Cable Television under budget by $5,262.30 for April (two months of billing),
$1,935.98 under budget YTD.
• Water performing $7,182.27 budget YTD.
• Telephone $2,419.11 under budget for April and $9,776.19 under budget YTD.
• Elevator service over budget by $5,572.02 YTD due to the final payment of the new
flooring.
NOTE: THIS DOCUMENT IS A SUMMARYAND ANALYSIS ONLY OF THE MONTHLY FINANCIAL
STATEMENTS FOR PARK VISTA. THEYARE NOT PART OF THE ACTUAL FINANCIAL STATEMENTS FOR
PARK VISTA.
Page 28 of 47
EL SEGUNDO SENIOR CITIZENS HOUSING
DEVELOPMENT CORPORATION
350 MAIN STREET, EL SEGUNDO, CA 90245
May 14, 2025
RE: Interest Income from Deposit with the City, per Agreement for Investment of Funds
Dear President:
The deposit and interest for the quarter/month ending is as follows: Q2-2025 April-25
Original
Beginning balance at March 31, 2025 $ 2,269,487.55
Accrued: Interest (Posted quarterly) $ 8,300.73
Add: Deposits
Add: Deposits
Less: Withdrawals
As of
TOTAL IN LAIF/CAMP - G/L# 504-101-0000-0004: 4/30/2025 $ 2,277,788.28
Accrued Interest (posted quarterly by the 15th day following quarter ):
Interest Earned April @ 4.450% Actual CAMP for 30 days $ 8,300.73
Interest Earned May @ Actual CAMP for 31 days $ -
Interest Earned June @ Actual CAMP for 30 days $ -
Accrued Interest quarter to date $ 8,300.73
Interest earned is based on the interest earnings rate the City of El Segundo received from the
California Asset Management Program and the number of days the funds were held by the City
during the given period. Per the understanding reached at the September 1997 meeting of the
Board of Directors, interest will be credited to the account and compounded on a quarterly
basis. Interest shown for each month is for your information only.
If you have any questions, please do not hesitate to give me a call.
Sincerely,
Di � R. lYaylof e (
Dino R. Marsocci
Treasury & Customer Services Manager
Cc: Paul Chung, Chief Financial Officer
Eva Gettler, Accounting Supervisor
Michael Allen, Community Development Director
Neil Cadman, Facility Management for Park Vista
Eduardo Schonborn, Planning Manager
Venus Wesson, Sr. Admin Specialist
Agnes Ho, Administrative Analyst
PACity Treasurer\MEMOS & SIGNATURES\Senior Housing Reports\2025\SENIOR HOUSING REPORT 2025.x1s
Page 29 of 47
Income Statement
Cadman Group
Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245
Owned By: El Segundo Senior Citizens Housing Corporation
As of: Apr 2025
Accounting Basis: Cash
Level of Detail: Detail View
Include Zero Balance GL Accounts: No
Account Name Selected Month % of Selected Month
Operating Income &
Expense
Income
RENT
Rent Income
85,668.00
Parking Income
1,660.49
Total RENT
87,328.49
Maintenance Charge
0.00
(Income Account)
Prepayment
-1,736.73
NSF Bank Fees
25.00
Collected
Laundry Income
604.63
Total Operating Income
86,221.39
Expense
Fire Service
255.00
Maintenance
15,791.12
Elevator service
0.00
Gardening
1,459.49
Management Fees
16,500.00
Pest Control
175.00
Licenses and Permits
450.00
Electricity
1,545.86
Gas
1,728.90
Water
167.52
Telephone/Internet
330.89
Trash
0.00
Cable/Television
11,512.30
Office Supplies
675.34
Uniforms
542.00
Advertising &
187.43
Promotion
Legal Expenses
0.00
(Expense account)
Bank Service Fees
12.00
Total Operating
51,332.85
Expense
NOI - Net Operating 34,888.54
Income
Year to Month End % of Year to Month End
99.36
343,064.00
97.70
1.93
6,646.37
1.89
101.28
349,710.37
99.59
0.00
2,089.02
0.59
-2.01
-2,877.10
-0.82
0.03
25.00
0.01
0.70
2,202.33
0.63
100.00
351,149.62
100.00
0.30
765.00
0.22
18.31
58,558.24
16.68
0.00
10,572.02
3.01
1.69
6,506.86
1.85
19.14
66,000.00
18.80
0.20
1,037.94
0.30
0.52
450.00
0.13
1.79
6,827.63
1.94
2.01
9,971.04
2.84
0.19
10,817.73
3.08
0.38
1,223.81
0.35
0.00
335.83
0.10
13.35
23,064.02
6.57
0.78
1,663.69
0.47
0.63
542.00
0.15
0.22
912.83
0.26
0.00
300.00
0.09
0.01
12.00
0.00
59.54
199,560.64
56.83
40.46
151,588.98
43.17
Created on 05/15/2025 PageF3Wdf 47
Income Statement
Account Name
Other Income & Expense
Other Income
Interest on Bank
Accounts
Total Other Income
Net Other Income
Total Income
Total Expense
Net Income
Selected Month
% of Selected Month
Year to Month End
% of Year to Month End
8,300.73
9.63
32,024.65
9.12
8,300.73
9.63 32,024.65
8,300.73
9.63
32,024.65
94,522.12
109.63
383,174.27
51,332.85
59.54
199,560.64
43,189.27
50.09
183,613.63
9.12
9.12
109.12
56.83
52.29
Created on 05/15/2025 PageP3gedf 47
Balance Sheet
Properties: Park Vista - 615 E. Holly Avenue El Segundo, CA 90245
As of: 04/30/2025
Accounting Basis: Cash
Include Zero Balance GL Accounts: No
Account Name
ASSETS
Cash
Cash in Bank
Park Vista Reserve Account - LAIF
Total Cash
Tenant Account Receivable
Building Improvements
Equipment
Furnishings
Personal Property
Accumulated Depreciation
TOTAL ASSETS
Balance
167,188.26
2,277,788.28
2,444,976.54
100.00
1,031,873.00
149,355.00
153,863.00
-0.05
-850,766.00
2,929,401.49
LIABILITIES & CAPITAL
Liabilities
Security Deposit Interest
-530.00
Pet Deposit
4,125.00
Key Deposit
1,780.00
Security Deposit
77,512.00
Passthrough Cash Account
-946.00
Accounts Payable
30,698.00
Total Liabilities
112,639.00
Capital
Owner Contribution
35,996.00
Owner Distribution
-35,996.00
Retained Earnings
118,794.95
Prior Years Retained Earnings
12,696.00
Calculated Retained Earnings
183,613.63
Calculated Prior Years Retained Earnings
2,501,657.91
Total Capital
2,816,762.49
TOTAL LIABILITIES & CAPITAL
2,929,401.49
Created on 05/15/2025 Page'�12edf 47
Bill Detail
Properties: Park Vista - 615 E. Holly Avenue El Segundo,
CA 90245
Payees: All
Payment Type: All
Created By: All
GL Accounts: All
Bill Status: All
Date Type: Bill Date
Date Range: 04/01/2025 to 04/30/2025
Show Reversed Transactions: No
Project: All
Reference Bill Date Due Date
GL Account
Property
Unit
2120 - Passthrough Cash Account
04/16/2025 04/16/2025
2120 -
Park Vista -
312
Passthrough
615 E. Holly
Cash
Avenue El
Account
Segundo, CA
90245
4100 - Rent Income
04/04/2025 04/04/2025
4100 - Rent
Park Vista -
216
Income
615 E. Holly
Avenue El
Segundo, CA
90245
6000 - Fire Service
FSF-1127859 04/22/2025 04/22/2025
6000 - Fire
Park Vista -
Service
615 E. Holly
Avenue El
Segundo, CA
90245
6210 - Maintenance
9235607318 04/02/2025 04/02/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235680093 04/03/2025 04/03/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235742817 04/04/2025 04/04/2025
6210 -
Park Vista -
312
Created on 05/15/2025
Payee Name Paid Unpaid Check # Paid Date Description Work Order
Issue
Nania, Claire 705.00 0.00 5833 04/17/2025 Claire Nania,
Park Vista -
312: Move
Out Refund
Berry , Judith 1,013.40
0.00 5828 04/04/2025 Reimbursement
A.
for
overpayment
of rent
Fire Safety 255.00
0.00 210C-5410 04/22/2025 Quarterly Fire
First
Alarm
Service - 4/1 /
25 - 6/31 /25
HD Supply 113.88 0.00 5829 04/09/2025 Maintenance
supplies.
HD Supply 118.49 0.00 5829 04/09/2025 Maintenance
supplies.
HD Supply 937.27 0.00 5829 04/09/2025 Vacancy/
PageF39edf 47
Bill Detail
Work Order
Reference
Bill Date
Due Date
GL Account
Property Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
Maintenance
615 E. Holly
Prep #312-
Avenue El
New
Segundo, CA
dishwasher
90245
machine.
408591
04/09/2025
04/09/2025
6210 -
Park Vista -
Montalvo,
425.00
0.00 A99D-3840
05/05/2025
Removed
Maintenance
615 E. Holly
Uriel
damaged
Avenue El
garden lamp
Segundo, CA
post in west
90245
side garden,
installed new
LED light
post.
408596
04/09/2025
04/09/2025
6210 -
Park Vista - 321
Montalvo,
250.00
0.00 A99D-3840
05/05/2025
Repaired
Maintenance
615 E. Holly
Uriel
sliding glass
Avenue El
door and
Segundo, CA
screen door
90245
to patio,
reattached
wall heater
cover.
48377
04/09/2025
04/09/2025
6210 -
Park Vista -
Southbay
29.53
0.00 3000000590
04/14/2025
Maintenance
Maintenance
615 E. Holly
Industrial
supplies; (3)
Avenue El
Hardware
12" water
Segundo, CA
lines.
90245
48411
04/09/2025
04/09/2025
6210 -
Park Vista -
Southbay
143.51
0.00 3000000590
04/14/2025
Maintenance
Maintenance
615 E. Holly
Industrial
supplies;
Avenue El
Hardware
paint brush,
Segundo, CA
paint roller,
90245
rescreen,
lead-free
paste flux.
04/11/2025
05/11/2025
6210 -
Park Vista - 312
Carpet
1,036.64
0.00 59FO-BE00
05/12/2025
Vacancy prep
Maintenance
615 E. Holly
Concepts
studio unit
Avenue El
#312; intalled
Segundo, CA
new carpet
90245
and padding
in living areas
and vinyl in
kitchen,
bathroom
and entry.
9235951968
04/11/2025
04/11/2025
6210 -
Park Vista -
HD Supply
17.88
0.00 5832
04/17/2025
maintenance
Maintenance
615 E. Holly
supplies -
Avenue El
Duct tape
Segundo, CA
90245
9235951969
04/11/2025
04/11/2025
6210 -
Park Vista -
HD Supply
148.14
0.00 5832
04/17/2025
Maintenance
Created on 05/15/2025
PageF34edf 47
Bill Detail
Reference
Bill Date
Due Date
GL Account
Property
Unit
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235951970
04/11/2025
04/11/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235816376
04/11/2025
04/11/2025
6210 -
Park Vista -
312
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235816377
04/11/2025
04/11/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235816378
04/11/2025
04/11/2025
6210 -
Park Vista -
312
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235881339
04/11/2025
04/11/2025
6210 -
Park Vista -
312
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9235903183
04/11/2025
04/11/2025
6210 -
Park Vista -
312
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9236018771
04/14/2025
04/14/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
408604
04/14/2025
04/14/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
Work Order
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
supplies.
HD Supply
37.30
0.00 5832
04/17/2025
Maintenance
supplies -
LED Bulbs
HD Supply
147.76
0.00 5832
04/17/2025
Vacancy/
Prep #312-
New Dining
Ceiling Fan
HD Supply
97.48
0.00 5832
04/17/2025
Maintenance
supplies for
the building.
HD Supply
141.58
0.00 5832
04/17/2025
Vacancy/
Prep #312-
New Range
Hood.
HD Supply
125.10
0.00 5832
04/17/2025
Bathroom
light fixtures.
HD Supply
117.92
0.00 5832
04/17/2025
Vacancy
Prep- # 312
Vertical
Blinds
HD Supply
49.16
0.00 5832
04/17/2025
Maintenance
supplies.
Montalvo,
320.00
0.00 F415-37E0
05/08/2025
Hauled away
Uriel
old
mattresses
and
appliances
from
vacancies
#321 and
Created on 05/15/2025
PageFW& 47
Bill Detail
Work Order
Reference
Bill Date
Due Date
GL Account
Property
Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
#312.
408567
04/14/2025
04/14/2025
6210 -
Park Vista -
Montalvo,
250.00
0.00 F415-37E0
05/08/2025
Installed new
Maintenance
615 E. Holly
Uriel
set of LED
Avenue El
lights in
Segundo, CA
upper
90245
garage.
9236115141
04/16/2025
04/16/2025
6210 -
Park Vista -
HD Supply
26.30
0.00 5834
04/22/2025
Maintenance
Maintenance
615 E. Holly
supplies for
Avenue El
the building -
Segundo, CA
Toilet wax
90245
ring.
9236048158
04/16/2025
04/16/2025
6210 -
Park Vista -
214
HD Supply
119.61
0.00 5834
04/22/2025
New shower
Maintenance
615 E. Holly
head with
Avenue El
hose.
Segundo, CA
90245
9236048159
04/16/2025
04/16/2025
6210 -
Park Vista -
HD Supply
136.02
0.00 5834
04/22/2025
Maintenance
Maintenance
615 E. Holly
supplies for
Avenue El
the building.
Segundo, CA
90245
9236048160
04/16/2025
04/16/2025
6210 -
Park Vista -
HD Supply
43.89
0.00 5834
04/22/2025
Maintenance
Maintenance
615 E. Holly
supplies for
Avenue El
the building.
Segundo, CA
90245
9235903185
04/17/2025
04/17/2025
6210 -
Park Vista -
312
HD Supply
31.79
0.00 5834
04/22/2025
Vacancy/
Maintenance
615 E. Holly
Prep # 312
Avenue El
-New vertical
Segundo, CA
blinds.
90245
9235903184
04/17/2025
04/17/2025
6210 -
Park Vista -
312
HD Supply
175.59
0.00 5834
04/22/2025
New garbage
Maintenance
615 E. Holly
disposal.
Avenue El
Segundo, CA
90245
4172025-61340-04/17/2025
04/17/2025
6210 -
Park Vista -
Peraza,
1,055.00
0.00 A9A1-5750
05/05/2025
Supplied and
Maintenance
615 E. Holly
Gabriel
installed (2)
Avenue El
new exterior
Segundo, CA
dome
90245
security
cameras and
(2) new
junction
boxes and
connectors.
38649
04/22/2025
04/22/2025
6210 -
Park Vista -
Cadman
12.23
0.00 422
04/22/2025
Quill INV
Created on 05/15/2025
Pagel`V& 47
Bill Detail
Reference
Bill Date
Due Date
GL Account
Property Unit
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
38649
04/22/2025
04/22/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
38649
04/22/2025
04/22/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
38649
04/22/2025
04/22/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
38649
04/22/2025
04/22/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
38649
04/22/2025
04/22/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9236218884
04/22/2025
04/22/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9236218885
04/22/2025
04/22/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9236218886
04/22/2025
04/22/2025
6210 -
Park Vista - 103
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
408622
04/22/2025
04/22/2025
6210 -
Park Vista - 216
Maintenance
615 E. Holly
Avenue El
Created on 05/15/2025
Work Order
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
Group
43111060-
cleaning
supplies
Cadman
5.46
0.00 422
04/22/2025
Quill INV
Group
43339991-
maintenance
supplies -
Cadman
35.45
0.00 422
04/22/2025
Quill INV
Group
43459124-
cleaning
supplies
Cadman
41.60
0.00 422
04/22/2025
Quill INV
Group
43459124-
cleaning
supplies
Cadman
26.27
0.00 422
04/22/2025
Quill INV
Group
43500034-
maintenance
supplies
Cadman
52.32
0.00 422
04/22/2025
Quill INV
Group
43497871-
maintenance
supplies
HD Supply
94.34
0.00 5834
04/22/2025
Maintenance
supplies for
the building.
HD Supply
54.86
0.00 5834
04/22/2025
Maintenance
supplies.
HD Supply 144.67 0.00 5834 04/22/2025 New blinds
for units #103
& #315
Montalvo, 220.00 0.00 A99D-3840 05/05/2025 Afterhours Drain/Pipe
Uriel emergency; Clog
snaked
Pagel`�19e& 47
Bill Detail
Work Order
Reference
Bill Date
Due Date
GL Account
Property
Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
Segundo, CA
bathtub to
90245
clear clog.
408621
04/22/2025
04/22/2025
6210 -
Park Vista -
211
Montalvo,
275.00
0.00 A99D-3840
05/05/2025
Afterhours
Maintenance
615 E. Holly
Uriel
call for leak;
Avenue El
supplied and
Segundo, CA
installed
90245
garbage
disposal.
45138
04/22/2025
04/22/2025
6210 -
Park Vista -
312
Total
9,769.00
0.00 A9A2-E730
05/05/2025
Vacancy prep
Maintenance
615 E. Holly
Maintenance
studio; sand,
Avenue El
Group, Inc.
prep, paint
Segundo, CA
cabinets in
90245
unit, paint
walls,
ceilings,
closet, patio,
rails, remove
all contact
paper from
cabinets,
replace heat
coating on
furnace,
install new
ceiling fan,
replace
exhaust
heater in
bathroom,
resurface
counters.
45261
04/22/2025
04/22/2025
6210 -
Park Vista -
312
Total
230.00
0.00 A9A2-E730
05/05/2025
Vacancy
Maintenance
615 E. Holly
Maintenance
prep; entire
Avenue El
Group, Inc.
unit cleaning
Segundo, CA
after work
90245
done, studio.
9236283668
04/23/2025
04/23/2025
6210 -
Park Vista -
103
HD Supply
118.09
0.00 5835
05/01/2025
#103 - New
Maintenance
615 E. Holly
vertical
Avenue El
blinds.
Segundo, CA
90245
9236283671
04/23/2025
04/23/2025
6210 -
Park Vista -
310
HD Supply
225.39
0.00 5835
05/01/2025
#310 -
Maintenance
615 E. Holly
Garbage
Avenue El
disposal
Segundo, CA
90245
9236283673
04/23/2025
04/23/2025
6210 -
Park Vista -
213
HD Supply
148.68
0.00 5835
05/01/2025
#213 - New
Maintenance
615 E. Holly
bathroom
Created on 05/15/2025 PageF38edf 47
Bill Detail
Reference
Bill Date
Due Date
GL Account
Property Unit
Avenue El
Segundo, CA
90245
9236283674
04/23/2025
04/23/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9236283676
04/23/2025
04/23/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9236364897
04/24/2025
04/24/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
408647
04/24/2025
04/24/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
408646
04/24/2025
04/24/2025
6210 -
Park Vista - 310
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
408643
04/24/2025
04/24/2025
6210 -
Park Vista - 410
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
408616
04/24/2025
04/24/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9236448604
04/28/2025
04/28/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Segundo, CA
90245
9236537952
04/30/2025
04/30/2025
6210 -
Park Vista -
Maintenance
615 E. Holly
Avenue El
Payee Name
HD Supply
HD Supply
HD Supply
Montalvo,
Uriel
Montalvo,
Uriel
Montalvo,
Uriel
Montalvo,
Uriel
HD Supply
HD Supply
Paid Unpaid Check #
177.70 0.00 5835
Paid Date Description Work Order
Issue
vanity lighting
fixture.
05/01/2025 Maintenance
supplies for
the building.
67.06
0.00 5835
05/01/2025
Maintenance
supplies for
the building.
22.13
0.00 5835
05/01/2025
Maintenance
supplies.
Blue tape.
180.00
0.00 A99D-3840
05/05/2025
Repaired
upper garage
gate door
lock.
175.00
0.00 A99D-3840
05/05/2025
Replaced
garbage
disposal and
connectors.
250.00
0.00 A99D-3840
05/05/2025
Commercial
snake
needed to
clear clog in
kitchen sink
to main line.
420.00
0.00 A99D-3840
05/05/2025
Cut all roots
around iron
fence and
sand it.
96.11
0.00 5835
05/01/2025
Maintenance
supplies.
Sliding door
latch.
8.44
0.00 5836
05/08/2025
Maintenance
supplies for
the building.
Created on 05/15/2025
PageFWdf 47
Bill Detail
Work Order
Reference Bill Date
Due Date GL Account Property Unit
Payee Name
Paid Unpaid Check # Paid Date Description
Issue
Segundo, CA
90245
18,944.64 0.00
6250 - Gardening
6717 04/01/2025
04/01/2025 6250 - Park Vista -
Octavio
1,459.49 0.00 6DD4-5D30 04/01/2025 Monthly
Gardening 615 E. Holly
Rojas
Service -
Avenue El
Landscaping
March
Segundo, CA
90245
6270 - Management Fees
04/09/2025
04/09/2025
6270 -
Park Vista -
Management
615 E. Holly
Fees
Avenue El
Segundo, CA
90245
6315 - Pest Control
166147 04/01/2025
04/01/2025
6315 - Pest
Park Vista -
Control
615 E. Holly
Avenue El
Segundo, CA
90245
6384 - Licenses and Permits
E 2155658 04/10/2025
04/10/2025
6384 -
Park Vista -
MR
Licenses and
615 E. Holly
Permits
Avenue El
Segundo, CA
90245
E 2155659 04/10/2025
04/10/2025
6384 -
Park Vista -
MR
Licenses and
615 E. Holly
Permits
Avenue El
Segundo, CA
90245
6410 - Electricity
700587779325 04/16/2025 04/16/2025 6410 - Park Vista - 109
Electricity 615 E. Holly
Avenue El
Segundo, CA
90245
700394170456 04/16/2025 04/16/2025 6410 - Park Vista -
Created on 05/15/2025
Cadman 16,500.00 0.00 ACH 04/09/2025 Management
Group Fees for 04/
2025
Al & Sons
175.00
0.00
3000000588
04/02/2025
service 2/20/
Termite and
25-3/20/25
Pest Control
Inc.
Department
225.00
0.00
5830
04/10/2025
Conveyance
of Industrial
Nbr 086616 -
Relations
Elevator
Inspection 3/
14/25
Department
225.00
0.00
5831
04/10/2025
Conveyance
of Industrial
Nbr 086694 -
Relations
Elevator
Inspection 3/
14/25
450.00
0.00
Edison
63.29
0.00
3000000591
04/16/2025
service 3/12/
25-4/9/25
Edison
1,482.57
0.00
3000000592
04/16/2025
service 3/12/
PagePW& 47
Bill Detail
Work Order
Reference Bill Date
Due Date
GL Account
Property Unit
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
Electricity
615 E. Holly
25-4/9/25
Avenue El
Segundo, CA
90245
1,545.86
0.00
6420 - Gas
056 105 04/09/2025
04/09/2025
6420 - Gas
Park Vista -
SoCalGas
1,728.90
0.00 3000000589
04/10/2025
service 3/5/
32003
615 E. Holly
25-4/3/25
Avenue El
Segundo, CA
90245
6430 - Water
075-18531-000 04/14/2025
04/14/2025
6430 -Water
Park Vista -
City of El
83.76
0.00 ACH
04/14/2025
615 E. Holly
Segundo -
Avenue El
Water
Segundo, CA
90245
075-18411-000 04/14/2025
04/14/2025
6430 -Water
Park Vista -
City of El
83.76
0.00 ACH
04/14/2025
615 E. Holly
Segundo -
Avenue El
Water
Segundo, CA
90245
167.52
0.00
6445 - Telephone/Internet
8448 30 006 04/21/2025
04/21/2025
6445-
Park Vista -
Spectrum
231.17
0.00 ACH
04/28/2025
service 4/8/
0397046
Telephone/
615 E. Holly
25-5/7/25
Internet
Avenue El
Segundo, CA
90245
38649 04/22/2025
04/22/2025
6445-
Park Vista -
Cadman
49.86
0.00 422
04/22/2025
Spectrum
Telephone/
615 E. Holly
Group
Mobile Line
Internet
Avenue El
1029605353
Segundo, CA
- April
90245
38649 04/22/2025
04/22/2025
6445 -
Park Vista -
Cadman
49.86
0.00 422
04/22/2025
Spectrum
Telephone/
615 E. Holly
Group
Mobile Line
Internet
Avenue El
1029605353
Segundo, CA
- May
90245
330.89
0.00
Created on 05/15/2025 PageP4gedf 47
Bill Detail
Reference
Bill Date
Due Date
GL Account
Property Unit
6455 - Cable/Television
8448 30 006
04/16/2025
04/16/2025
6455 - Cable/
Park Vista -
0017008
Television
615 E. Holly
Avenue El
Segundo, CA
90245
8448 30 006
04/16/2025
04/16/2025
6455 - Cable/
Park Vista -
0255251
Television
615 E. Holly
Avenue El
Segundo, CA
90245
04/17/2025
04/17/2025
6455 - Cable/
Park Vista -
Television
615 E. Holly
Avenue El
Segundo, CA
90245
7420 - Office Supplies
38657
04/22/2025
04/22/2025
7420 - Office
Park Vista -
Supplies
615 E. Holly
Avenue El
Segundo, CA
90245
38649
04/22/2025
04/22/2025
7420 - Office
Park Vista -
Supplies
615 E. Holly
Avenue El
Segundo, CA
90245
38649
04/22/2025
04/22/2025
7420 - Office
Park Vista -
Supplies
615 E. Holly
Avenue El
Segundo, CA
90245
38649
04/22/2025
04/22/2025
7420 - Office
Park Vista -
Supplies
615 E. Holly
Avenue El
Segundo, CA
90245
38649
04/22/2025
04/22/2025
7420 - Office
Park Vista -
Supplies
615 E. Holly
Avenue El
Segundo, CA
90245
Work Order
Payee Name
Paid
Unpaid Check #
Paid Date
Description
Issue
Spectrum
5,782.78
0.00 3000000593
04/16/2025
service 4/4/
25-5/3/25
Spectrum
32.19
0.00 ACH
04/21/2025
Service 3/30/
25-4/29/25
Spectrum
5,697.33
0.00 3000000594
04/17/2025
March
Service Bill
not received
11,512.30
0.00
Cadman
220.50
0.00 422
04/22/2025
Business
Group
Cards for
Teresa
Cadman
79.98
0.00 422
04/22/2025
Quill INV
Group
43129457-
coffee and
kitchen
supplies
Cadman
124.88
0.00 422
04/22/2025
Quill INV
Group
43279029-
coffee and
kitchen
supplies
Cadman
173.34
0.00 422
04/22/2025
Quill INV
Group
43337883-
kitchen
supplies
Cadman
76.64
0.00 422
04/22/2025
Quill INV
Group
43441330 -
printing paper
675.34
0.00
Created on 05/15/2025
Pagg@421Sf 47
Bill Detail
Reference Bill Date Due Date
GL Account
Property Unit
7422 - Uniforms
38672 04/22/2025 04/22/2025
7422 -
Park Vista -
Uniforms
615 E. Holly
Avenue El
Segundo, CA
90245
7450 - Advertising & Promotion
38672 04/22/2025 04/22/2025
7450 -
Park Vista -
Advertising &
615 E. Holly
Promotion
Avenue El
Segundo, CA
90245
Total
Payee Name
Cadman
Group
Cadman
Group
Paid Unpaid Check # Paid Date Description Work Order
Issue
542.00 0.00 422
187.43 0.00 422
56,192.77 0.00
04/22/2025 Polo Shirt
Order
04/22/2025 Newsletter
Created on 05/15/2025 Pagg@43 1df 47
Budget - Comparative
Properties: Park Vista - 615 E.
Holly Avenue El Segundo, CA 90245
Period Range: Apr 2025 to Apr 2025
Comparison Period Range: Apr
2024 to Apr 2024
Additional Account Types: Asset, Cash, Liability, Capital
Accounting Basis: Cash
Level of Detail: Detail View
Comparison
Comparison
Comparison $
Comparison %
Account Name Period Actual Period Budget Period $
Variance
Period % Variance
Actual
Budget
Variance
Variance
Income
RENT
Rent Income
85,668.00
80,325.00
5,343.00
6.65%
79,667.00
78,690.00
977.00
1.24%
Parking Income
1,660.49
1,654.44
6.05
0.37%
1,635.12
1,622.00
13.12
0.81%
Total RENT
87,328.49
81,979.44
5,349.05
6.52%
81,302.12
80,312.00
990.12
1.23%
Vacancy
0.00
-4,016.25
4,016.25
100.00%
0.00
-2,916.67
2,916.67
100.00%
Prepayment
-1,736.73
0.00
-1,736.73
-
-2,064.24
0.00
-2,064.24
-
NSF Bank Fees
25.00
0.00
25.00
-
0.00
0.00
0.00
0.00%
Collected
Laundry Income
604.63
602.00
2.63
0.44%
610.90
860.00
-249.10
-28.97%
Total Budgeted
86,221.39
78,565.19
7,656.20
9.75%
79,848.78
78,255.33
1,593.45
2.04%
Operating Income
Expense
Fire Service
255.00
833.34
578.34
69.40%
255.00
833.34
578.34
69.40%
Fire Extinguisher
0.00
83.34
83.34
100.00%
0.00
0.00
0.00
0.00%
Service
Maintenance
15,791.12
24,583.34
8,792.22
35.76%
21,930.20
17,500.00
-4,430.20
-25.32%
Elevator service
0.00
1,250.00
1,250.00
100.00%
0.00
1,250.00
1,250.00
100.00%
Gardening
1,459.49
1,750.00
290.51
16.60%
1,340.59
1,750.00
409.41
23.39%
Management
16,500.00
16,500.00
0.00
0.00%
16,500.00
16,500.00
0.00
0.00%
Fees
Pest Control
175.00
500.00
325.00
65.00%
82.17
500.00
417.83
83.57%
Insurance -
0.00
2,708.34
2,708.34
100.00%
0.00
0.00
0.00
0.00%
Property
Earthquake
0.00
7,916.67
7,916.67
100.00%
0.00
0.00
0.00
0.00%
Insurance
Licenses and
450.00
50.00
-400.00
-800.00%
0.00
50.00
50.00
100.00%
Permits
Electricity
1,545.86
2,083.34
537.48
25.80%
1,551.36
2,350.00
798.64
33.98%
Gas
1,728.90
1,666.67
-62.23
-3.73%
1,322.27
2,000.00
677.73
33.89%
Created on 05/15/2025
PagepNedf 47
Budget - Comparative
Account Name Period Actual Period Budget Period $ Variance Period % Variance
Water
167.52
4,500.00
4,332.48
96.28%
Telephone/
330.89
2,750.00
2,419.11
87.97%
Internet
Cable/Television
11,512.30
6,250.00
-5,262.30
-84.20%
Office Supplies
675.34
400.00
-275.34
-68.84%
Uniforms
542.00
0.00
-542.00
-
Advertising &
187.43
1,166.67
979.24
83.93%
Promotion
Entertainment
0.00
416.67
416.67
100.00%
Legal Expenses
0.00
300.00
300.00
100.00%
(Expense
account)
Bank Service
12.00
6.25
-5.75
-92.00%
Fees
Postage
0.00
20.84
20.84
100.00%
Professional Fees
0.00
708.34
708.34
100.00%
Total Budgeted
51,332.85
76,443.81
25,110.96
32.85%
Operating
Expense
Total Budgeted
86,221.39
78,565.19
7,656.20
9.75%
Operating Income
Total Budgeted
51,332.85
76,443.81
25,110.96
32.85%
Operating Expense
NOI - Net
34,888.54
2,121.38
32,767.16
1544.62%
Operating Income
Other Income
Interest on Bank
8,300.73
4,166.67
4,134.06
99.22%
Accounts
Total Budgeted
8,300.73
4,166.67
4,134.06
99.22%
Other Income
Net Other Income
8,300.73
4,166.67
4,134.06
99.22%
Total Budgeted
94,522.12
82,731.86
11,790.26
14.25%
Income
Total Budgeted
51,332.85
76,443.81
25,110.96
32.85%
Expense
Created on 05/15/2025
Comparison
Comparison
Comparison $
Comparison %
Actual
Budget
Variance
Variance
7,143.26
4,500.00
-2,643.26
-58.74%
418.79
2,750.00
2,331.21
84.77%
4,417.25
6,250.00
1,832.75
29.32%
734.58
400.00
-334.58
-83.64%
0.00
0.00
0.00
0.00%
0.00
450.00
450.00
100.00%
0.00
0.00
0.00
0.00%
0.00
300.00
300.00
100.00%
0.00
6.25
6.25
100.00%
0.00
20.84
20.84
100.00%
0.00
625.00
625.00
100.00%
55,695.47
58,035.43
2,339.96
4.03%
79,848.78
78,255.33
1,593.45
2.04%
55,695.47
58,035.43
2,339.96
4.03%
24,153.31
20,219.90
3,933.41
19.45%
5,596.83
2,500.00
3,096.83
123.87%
5,596.83
2,500.00
3,096.83
123.87%
5,596.83
2,500.00
3,096.83
123.87%
85,445.61
80,755.33
4,690.28
5.81 %
55,695.47
58,035.43
2,339.96
4.03%
PagePW& 47
Budget - Comparative
Comparison
Comparison
Comparison $
Comparison %
Account Name
Period Actual
Period Budget
Period $ Variance Period % Variance
Actual
Budget
Variance
Variance
Net Income
36,901.22 586.85%
43,189.27
6,288.05
29,750.14
22,719.90
7,030.24
30.94%
Cash
Cash in Bank
34,163.54
0.00
-34,163.54 —
24,353.31
0.00
-24,353.31
—
Park Vista
8,300.73
0.00
-8,300.73 —
5,596.83
0.00
-5,596.83
—
Reserve Account
- LAIF
Total Budgeted
42,464.27
0.00
-42,464.27 —
29,950.14
0.00
-29,950.14
—
Cash
Liability
Pet Deposit
-200.00
0.00
-200.00 —
200.00
0.00
200.00
—
Key Deposit
-50.00
0.00
-50.00 —
0.00
0.00
0.00
0.00%
Security Deposit
-475.00
0.00
-475.00 —
0.00
0.00
0.00
0.00%
Total Budgeted
-725.00
0.00
-725.00 —
200.00
0.00
200.00
—
Liability
Created on 05/15/2025 PagepWdf 47
April 8, 2025
City of El Segundo
Board of Directors
El Segundo, CA
To Whom It May Concern:
We, Karl and Lillian Fischer are residents of El Segundo, at 615 E. Holly Avenue.
Apt. 110. We have notified Park Vista Senior Apartments' Manager of our
concern and the reason for this letter. This is the 3rd letter sent to the City of El
Segundo Board of Directors and the Cadman Group.
We are -AGAIN- requesting that the ONE PINE TREE bordering our patio at
Park Vista - Apartment 110, be cut down.
The Tree Service personnel were here last week. and limbs and branches from
those 2 trees we wrote you about, on March 13th, 2025, were trimmed. They
were dropping sap, pine cones and branches, continuously.
But, unfortunately that was NOT enough. We are still unable to go outside and
enjoy beautiful sunny days because we still get pine cones and sap. Our clothes
get ruined ... and our patio furniture gets ruined too. This SAP is NOT washable
or removable. The cushions and patio furniture have to be discarded. The patio
cement gets covered with sap and if we are out there trying to clean up, we
track in sap into the apartment,
We respectfully request that at least the one Pine tree closest to and directly
above our patio be CUT DOWN ASAP - PLEASE!
We have tried everything to improve the situation, but nothing works. My
husband and I firmly believe, the only answer is to have this pine tree cut down.
Sincerely Yours,
Karl Fischer Lillian Fischer
Tel: 914-715-0749 Tel: 914-715-0855
email: doowopkari@aol.com
CC: Teresa Estrada, Mgr.; The Cadman Group; City of El Segundo, CA
Page 47 of 47