HomeMy WebLinkAboutAgenda Packet - May 5, 2014 - CC - AltoU
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AGENDA
REGULAR MEETING OF THE CITY COUNCIL,
THE SUCCESSOR AGENCY TO
THE FORMER REDEVELOPMENT AGENCY AND
THE PUBLIC FINANCING AUTHORITY
OF THE CITY OF AZUSA
AZUSA AUDITORIUM MONDAY, MAY 5, 2014
213 EAST FOOTHILL BOULEVARD 6:30 Ceremonial/Closed Session
7:30 P.M.Regular Meeting
AZUSA CITY COUNCIL
JOSEPH R.ROCHA
MAYOR
EDWARD J. ALVAREZ ANGEL CARRILLO
COUNCILMEMBER COUNCILMEMBER
URIEL E. MACIAS ROBERT GONZALES
COUNCILMEMBER MAYOR PRO-TEM
6:30 P.M.
1. Call to Order
2. Roll Call
CEREMONIAL
1. No Items.
CLOSED SESSION
1. CONFERENCE WITH LABOR NEGOTIATOR Pursuant to California Government Code,
Section 54957.6
City Negotiator: City Manager Makshanoff
Organizations: ACEA (Azusa City Employees Association), AMMA (Azusa Middle Management
Association), CAPP (Civilian Association of Police Personnel),Executive
Management Group and Unrepresented and Part-time Employees.
05/05/2014 - 1 -
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NOTICE TO THE PUBLIC FOR CLOSED SESSION
Prior to going into closed session the City Council will convene in the Auditorium serving as Council
Chambers to take public comment on the closed session items only. General public comment will be
provided for during the regular portion of the meeting beginning at 7.•30 P.M.
NOTICE TO THE PUBLIC FOR REGULAR MEETING
In compliance with Government code Section 54957.5, copies of staff reports or other written
documentation relating to each item of business referred to on the Agenda are in file in the Office of the City
Clerk - 213 E. Foothill Blvd.; copies for public view are in the Azusa City Libramy - 729 N. Dalton Ave.,
Azusa Police Department Lobby - 725 N. Alameda Ave., and the City of Azusa Web Page
www.ci.azusa.ca.us. Persons who wish to speak during the Public Participation portion of the Agenda or
on a Public Hearing item, shall fill out a card requesting to speak and shall submit it to the City Clerk prior
to the start of the City Council meeting. Cards submitted after 7:30 P.M. will not be accepted.
7:30 P.M. - REGULAR MEETING OF THE CITY COUNCIL THE SUCCESSOR AGENCY AND
THE PUBLIC FINANCING AUTHORITY.
1. Call to Order
2. Roll Call
3. Pledge to the Flag
4. Invocation—Pastor Ariel Verayo of Jesus Is Lord Church.
5. Musical Tribute in celebration of Mother's Day.
A. PUBLIC PARTICIPATION
This time has been set aside for persons in the audience to make public comments on items within the
subject matter jurisdiction of the council/agency board that are not listed on this agenda or are listed on
this agenda as an item other than a public hearing item. Members of the audience will have the
opportunity to address the city council/agency board about public hearing items at the time the public
hearing is held. Under the provisions of the Brown Act, the council/agency board is prohibited from taking
action on oral requests, but may refer the matter to staff or to a subsequent meeting. The council/agency
board will respond after public comment has been received. Each person or representative of a group
shall be allowed to speak without interruption for up to five (5) continuous minutes, subject to compliance
with applicable meeting rules. Questions to the speaker or responses to the speaker's questions or
comments shall be handled after the speaker has completed his/her comments. Public Participation will be
limited to sixty (60) minutes.
B. REPORTS, UPDATES,AND ANNOUNCEMENTS FROM STAFF/COUNCIL
1. Consideration to cancel or re-schedule the May 19, 2014, Council Meeting.
2. Mayor Rocha: Request for a certificate for Ms. Rebecca Megan Hesgard, for earning the Girl Scout
Gold Award; the certificate will be mailed and presented on June 8, 2014, at the Pasadena Civic
Auditorium.
05/05/2014 - 2 -
3. LETTER OF CONCERN IN REGARDS TO THE NATIONAL RECREATION A.RF_4
LEGISLATION PROPOSED BY CONGRESSWOMAN CHU.
RECOMMENDED ACTION:
Authorize Councilman Macias to sign a letter on behalf of the City Council expressing concern for the
National Recreation Area(NRA) legislation proposed by Congresswoman Chu.
C. SCHEDULED ITEMS
1. COUNCIL APPOINTMENT TO THE CANYON CITY FOUNDATION.
RECOMMENDED ACTION:
City Council to submit their nominations and hold interviews for appointment to the Canyon City
Foundation.
D. CONSENT CALENDAR
The Consent Calendar adopting the printed recommended actions will be enacted with one vote. If
Councilmembers or Staff wishes to address any item on the Consent Calendar individually, it will be
considered under SPECIAL CALL ITEMS.
1. MINUTES OF THE REGULAR MEETING OF APRIL 21, 2014.
RECOMMENDED ACTION:
Approve minutes as written.
2. RESOLUTION AUTHORIZING PAYMENT OF WARRANTS BY THE CITY.
RECOMMENDED ACTION:
Adopt Resolution No. 14-C24 allowing certain claims and demands and specifying the funds out of
which the same are to be paid.
3. HUMAN RESOURCES ACTION ITEMS.
RECOMMENDED ACTION:
Approve Personnel Action Requests in accordance with the City of Azusa Civil Service Rules and
applicable Memorandum of Understanding(s).
4. RESOLUTION REQUESTING THAT THE LOS ANGELES COUNTY BOARD OF
SUPERVISORS, ON BEHALF OF THE FLOOD CONTROL DISTRICT, ACCEPTS THE
TRANSFER AND CONVEYANCE OF MISCELLANEOUS TRANSFER DRAIN NO. 1761 IN
THE CITY OF AZUSA FOR FUTURE OPERATION, MAINTENANCE, REPAIR, AND
IMPROVEMENT.
05/05/2014 - 3 -
RECOMMENDED ACTION':
Adopt Resolution No. 14-C25 approving the transfer and conveyance of Miscellaneous Transfer
Drain No. 1761 in the City of Azusa to the Los Angeles County Flood Control District for future
operation, maintenance, repair, and improvement.
5. STAGING AREA LICENSE AGREEMENT BETWEEN THE CITY OF AZUSA AND
FOOTHILL TRANSIT CONSTRUCTORS.
RECOMMENDED ACTION:
Authorize the City Manager to enter into a License Agreement with Foothill Transit Constructors
(FTC), permitting FTC to use City owned property as a staging area in exchange for demolition
services.
6. COMMUNITY DEVELOPMENT BLOCK GRANT (CDBG) COOPERATION AGREEMENT
AND RESOLUTION WITH THE COUNTY OF LOS ANGELES
RECOMMENDED ACTION:
Adopt Resolution No. 14-C26 and the Participating City Cooperation Agreement with the County of
Los Angeles for Fiscal Years 2015-2018.
7. CITY TREASURER'S STATEMENT OF CASH AND INVESTMENT BALANCES FOR THE
MONTH OF MARCH 2014.
RECOMMENDED ACTION:
Receive, review, and file the City Treasurer's Report for the City of Azusa for the month of March
2014.
8. FY 2014-2015 REFUSE RATE ADJUSTMENT.
RECOMMENDED ACTION:
Adopt Resolution No. 14-C27 approving amendment number eighteen for the refuse rate adjustment
of the Exclusive Franchise Agreement with Athens Services effective July 1, 2014 through June 30,
2015.
E. SUCCESSOR AGENCY RELATED BUSINESS.
1. No Items.
05/05/2014 -4-
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F. AZUSA PUBLIC FINANCING AUTHORITY
1. MINUTES OF THE REGULAR MEETINGS OF FEBRUARY 4. 2(113 AND JUNE 17. 2613.
RECOMMENDED ACTION:
Approve minutes as written.
G. ADJOURNMENT
UPCOMING MEETINGS:
May 19, 2014, City Council Meeting—6:30 p.m. Closed Session/Ceremonial—7:30 p.m. Regular Meeting;
May 27,2014, Tuesday, Utility Board Meeting—6:30 p.m. Azusa Light&Water Conference Room;
June 2, 2014, City Council Meeting—6:30 p.m. Closed Session/Ceremonial—7:30 p.m. Regular Meeting.
In compliance with the Americans with Disabilities Act, if you need special assistance to participate in a
city meeting,please contact the City Clerk at 626-812-5229. Notification three (3) working days prior to
the meeting when special services are needed will assist staff in assuring that reasonable arrangements
can be made to provide access to the meeting.
05/05/2014 - 5 -
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LLZus*J
DECLARATION OF POSTING CITY COUNCIL,
SUCCESSOR AGENCY TO THE FORMER REDEVELOPMENT AGENCY,
AND PUBLIC FINANCING AUTHORITY AGENDA
I `� , declare that:
I am an employee of the City of Azusa.
On .+ I '- I posted copies of the Agenda, as stated above for
the meeting of S-(51 'L , in the City Clerk's Office, 213 E. Foothill Blvd.;
the lobby of the Police Department, 725 N. Alameda Ave.; the Civic Auditorium, 213 E. Foothill
Blvd.; the City Library, 729 N. Dalton Ave.; and the and the City's Web Page
www.c .azusa.ca.us. A true, correct and complete copy of the agenda which I posted is attached
hereto.
I completed posting of the agendas as described in Paragraph two, at J on
the date of posting.
Access to the agenda posted in the lobby of the Police Department and the Azusa City Library
reference desk is available to members of the public during their normal business hours.
The foregoing is within my personal knowledge and if called as a witness in a court of law, I
could testify competently thereto.
I declare under penalty of perjury that the forgoing is true and correct.
EXECUTED I / / , at Azusa, California.
STAFF ME BER
CITY CLERK'S OFFICE
CITY OF AZUSA
APPROVED
COUNCIL MEETING
Date,
ReciivecA lute
4
AZUSA.
CONSENT ITEM
D-7
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: ART VASQUEZ, CITY TREASURER
DATE: MAY 5, 2014
SUBJECT: CITY TREASURER'S STATEMENT OF CASH AND INVESTMENT
BALANCES FOR THE MONTH OF MARCH 2014
RECOMMENDATION:
It is recommended that the Council Members receive, review, and file the City Treasurer's
Report for the City of Azusa for the month of March 2014.
BACKGROUND:
Transmitted herewith is the City Treasurer's Statement of Cash Balances for the City of Azusa
for the month of March 2014. City investments are made in accordance with the City's
Investment Policy adopted and approved with Resolution No. 05-C16 dated, February 22, 2005,
and Government Code Section 53600 et seq.
FISCAL IMPACT:
The balances of cash, investments, and projected revenues for the next six months are expected
to be sufficient to meet cash disbursement requirements of the City for at least the next six
months.
The change in total cash in bank and investments (at cost) from February 28, 2014 to March 31,
2014 is a net decrease of$635,636.74.
The change in total cash in bank and investments (at market) from February 28, 2014 to March
31, 2014 is a net decrease of$760,307.60.
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez,Treasurer
Treasury Checking Accounts and Certificates of Deposit March 31,2014
Held in Wells Fargo Bank
Face Maturity Interest or Balance
Coupon Description Account Number
or
Amount Date or CUSIP
Rate Market Value
Checking Accounts
General Checking Account XXX-XXX 1244 53,272.00
Stagecoach Sweep Account DDA XXX-XXX1244 3,418,320.08
Worker's Compensation Checking(ZBA account) XXXX-XX3279 0.00
Payroll Checking(ZBA account) XXXX-XX1393 0.00
Police Petty Cash Fund XXX-XXX0334 0.00
Police Detective Petty Cash Fund XXX-XXX2231 4,129.06
Section 108
0.020% Choice IV-Public Fund Account XXX-XXX2239 30,782.52
Covington Endowment
WFB Advantage Heritage Money Market Fund(rated AAAm/Aaa) WFB XXXX7554 21,219.45
100,000 05/12/14 1.400% Certificate of Deposit Discover Bank DE Matures 5/12/14 CUSIP 254670D66 100,108.80
Sewer Bond Fund
WFB Advantage Heritage Money Market Fund(rated AAAm/Aaa) WFB XXXX 1829 18,319.95
250,000 03/28/17 0.750% Certificate of Deposit Georgia B&T Matures 3/28/17 CUSIP 373128EC7 249,338.50
TOTALS WELLS FARGO BANK ACCOUNTS 3,895,490.36
Page 1
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez,Treasurer March 31,2014
Market Price
Coupon Maturity Settlement Market Interest Received Fiscal
Broker Face Amount Description Rate Date Acct/Cusip No. Date Principal** (Changes Value*** Year to Date*
Monthly)
City of Azusa Investments - Certificates of Deposit-FDIC Insured
CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR 4,308.63
Wachovia Sec 100,000.00 Ally Bank 1.100% 09/08/14 02005QTS2 09/07/11 100,000.00 100.429 100,429.00 1,100.00
Wachovia Sec 100,000.00 Ally Bank UT 95.000% 02/08/15 02005QYS6 02/08/12 100,000.00 100.651 100,651.00 950.00
Wachovia Sec 250,000.00 American Express Centurion 1.250% 06/09/14 02587DAX6 06/06/11 250,000.00 100.185 250,462.50 1,566.78
Higgins/RBC 245,000.00 Bank Baroda New York 1.100% 12/27/16 06062ACV9 12/26/13 245,000.00 99.885 244,718.25
Wachovia Sec 200,000.00 Bank Hapoalim NY 1.000% 07/24/15 06251AYD6 07/24/12 200,000.00 100.647 201,294.00 2,000.00
Wachovia Sec 200,000.00 Barclays Bank of Delaware 1.600% 01/11/16 06740KFS1 01/11/12 200,000.00 101.837 203,674.00 3,217.54
Wachovia Sec 200,000.00 BMW Bank of North America 1.350% 09/23/14 05568PR90 09/23/11 200,000.00 100.457 200,914.00 2,700.00
Wachovia Sec 200,000.00 CIT Bank SLC 1.450% 11/14/14 17284AH43 11/14/11 200,000.00 100.697 201,394.00 1,461.92
Wachovia Sec 200,000.00 Compass Bank Birmingham AL 1.000% 12/29/14 20451PACO 06/29/12 200,000.00 100.406 200,812.00 2,000.00
Gillford/Stern Agee 245,000.00 GE Capital retail Bank 1.000% 12/20/16 36157QTX5 12/20/13 245,000.00 99.524 243,833.80
Wachovia Sec 200,000.00 Goldman Sachs Group,Inc. 1.200% 03/07/16 38143ALTO 03/07/12 200,000.00 100.777 201,554.00 2,400.00
Wachovia Sec 200,000.00 Huntington National Bank 0.750% 12/08/14 446438QL0 06/08/12 200,000.00 100.389 200,778.00 752.05
WFB 200,000.00 JP Morgan Chase 0.500% 02/16/16 48124JSS8 02/15/13 200,000.00 99.396 198,792.00 1,008.22
First Clearing Corp 245,000.00 Key Bank National Association 0.450% 03/13/15 49306SRH1 03/13/13 245,000.00 100.036 245,088.20 1,102.50
Wachovia Sec 200,000.00 Merrick Bank South Jordan UT 0.900% 01/25/16 59012YU96 07/25/12 200,000.00 100.967 201,934.00 1,346.33
Wachovia Sec 200,000.00 Safra National Bank 0.800% 06/29/15 786580T83 07/28/12 200,000.00 100.631 201,262.00 802.19
Wachovia Sec 200,000.00 Sallie Mae Bank Murray UT 1.100% 08/10/15 795450NT8 08/08/12 200,000.00 100.656 201,312.00 2,200.00
Wachovia Sec 200,000.00 Sovereign Bank FSB 0.700% 06/20/14 84603MZ66 06/20/12 200,000.00 100.109 200,218.00 701.92
Wachovia Sec 200,000.00 State Bank of India NY 1.250% 06/22/15 856284F74 06/22/12 200,000.00 100.672 201,344.00 1,253.42
Wachovia Sec 245,000.00 Webster Bank NA 1.000% 12/12/17 94768NJD7 12/12/12 245,000.00 100.251 245,614.95 1,228.36
Wachovia Sec 245,000.00 Wells Fargo Bank WFCO 0.950% 02/28/18 94986TMB0 02/27/13 245,000.00 99.442 243,632.90 1,759.98
TOTALS 4,275,000.00 4,275,000.00 4,289,712.60 33,859.84
Page 2
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez,Treasurer March 31,2014
Market Price
Coupon MaturitySettlement Market Interest Received Fiscal
Broker Face Amount Description Acct/Cusip No. Principal (Changes
Rate Date Date Value*,,, Year to Date*
Monthly)
City of Azusa Investments - AAA Rated Federal Agency Bonds
BONDS CALLED OR MATURED DURING FISCAL YEAR 11,624.16
Gilford Sec 1,000,000 FHLB 0.600VR 03/12/19 0.600% 03/12/19 3130A0XV7 03/12/14 1,000,000.00 99.867 998,670.00
Gilford Sec 1,000,000 FFCB 0.770 6/15/17 0.770% 06/15/17 3133EC5L4 12/05/12 999,300.00 98.676 986,760.00 3,850.00
Gilford Sec 1,000,000 FFCB 0.900 12/26/17 0.900% 12/26/17 3133ECB45 12/26/12 999,500.00 98.357 983,570.00 4,500.00
Gilford Sec 1,000,000 FFCB 0.980 09/18/17 0.980% 09/18/17 3133EAX29 09/20/12 1,000,000.00 98.935 989,350.00 9,800.00
Gilford Sec 1,000,000 FFCB 1.030 3/12/18 1.030% 03/12/18 3133ECHS6 03/12/13 1,000,000.00 98.032 980,320.00 10,300.00
RBC Dain Rauscher 1,000,000 FFCB 1.050 3/14/18 1.050% 03/14/18 3133ECJ39 03/14/13 999,500.00 98.642 986,420.00 10,500.00
Higgins 1,000,000 FFCB 1.100 06/20/17 1.100% 06/20/17 3133EAVA3 06/20/12 1,000,000.00 99.565 995,650.00 5,500.00
Gilford Sec 1,000,000 FHLB.085 07/24/17 0.850% 07/24/17 313380WR4 10/24/12 1,000,000.00 98.532 985,320.00 8,500.00
Gilford Sec 1,500,000 FHLB 0.800 05/23/17 0.800% 05/23/17 313381AN5 11/23/12 1,500,000.00 98.717 1,480,755.00 6,000.00
Gilford Sec 1,000,000 FHLB 0.850 08/15/17 0.850% 08/15/17 313381Z24 02/15/13 1,000,000.00 98.732 987,320.00 8,500.00
Gilford/Steme Agee 1,000,000 FFCB 1.180 09/26/17 1.180% 09/26/17 3133EDCJ9 12/26/13 1,000,000.00 99.363 993,630.00 2,950.00
Gilford Sec 1,000,000 FHLB 0.980 11/15/17 0.980% 11/15/17 3133817D1 11/15/12 1,000,000.00 98.689 986,890.00 4,900.00
WFB 1,000,000 FHLB 1.00001/30/18 1.000% 01/03/18 313381TW5 01/30/13 1,000,000.00 98.233 982,330.00 10,000.00
Wachovia Sec 1,000,000 FHLB 1.250 07/29/14 1.250% 07/29/14 313370YK8 09/17/10 1,000,000.00 100.389 1,003,890.00 12,500.00
Higgins 1,000,000 FHLB 1.375 6/27/18 1.375% 06/27/18 313383JP7 6/27/2013 1,000,000.00 98.599 985,990.00 6875.00
Higgins 1,000,000 FNMA 1.05005/25/18 1.050% 05/25/18 3135G0XK4 05/30/13 1,000,000.00 98.200 982,000.00 5,104.17
Gilford/StemeAgee 1,000,000 FHLB 1.25001/09/18 1.250% 01/09/18 3130A0GC8 01/08/14 994,180.00 99.140 991,400.00
TOTALS 17,500,000 17,492,480.00 17,300,265.001 121,403.33
WFB-CITY THIRD PARTY CUSTODIAL TRUST ACCT 0.070% N/A N/A N/A 4,736,614.71 100.000 4,736,614.711 2,873.60
LAIF-CITY LOCAL AGENCY INVESTMENT FUND 0.236% N/A N/A N/A 15,815,013.00 100.000 15,815,013.001 0.00
Page 3
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez,Treasurer
March 31,2014
Market Price
Coupon Maturity Settlement Market Interest Received Fiscal
Broker Face Amount Description Acct/Cusip No. Principal** (Changes
Rate Date Date Value*** Year to Date*
Monthly)
Light&Water Fund Investments - Certificates of Deposit-FDIC Insured
CERTIFICATES OF DEPOSIT SOLD OR MATURED DURING FISCAL YEAR I 2,933.47
Higgins/RBC 245,000.00 Bank Baroda New York 1.100% 12/27/16 06062ACV9 12/24/13 245,000.00 99.885 244,718.25
Wachovia Sec 40,000.00 Bank Hapoalim NY 1.000% 07/24/15 06251 AYD6 07/24/12 40,000.00 100.647 40,258.80 400.00
Wachovia Sec 40,000.00 BMW Bank of NA 1.350% 04/27/16 05568PW45 04/27/12 40,000.00 101.161 40,464.40 270.74
Wachovia Sec 40,000.00 Compass Bank Birmingham AL 0.900% 06/30/14 20451PAB2 06/29/12 40,000.00 100.123 40,049.20 360.00
Wachovia Sec 200,000.00 Discover Bank Greenwood DE 1.050% 05/11/15 254671AR1 05/09/12 200,000.00 100.591 201,182.00 1,058.63
Wachovia Sec 240,000.00 Enerbank USA 5.000% 09/14/14 29266NUYI 06/14/12 240,000.00 100.204 240,489.60 897.54
Wachovia Sec 200,000.00 GE Capital Financial Inc. 1.250% 05/18/16 36160XD87 05/18/12 200,000.00 100.711 201,422.00 1,260.27
Wachovia Sec 235,000.00 GE Capital Retail Bank 1.050% 04/27/15 36157PCW7 04/27/12 235,000.00 100.408 235,958.80 1,237.13
Wachovia Sec 40,000.00 Huntington National Bank 0.750% 12/08/14 446438QL0 06/08/12 40,000.00 100.389 40,155.60 150.41
Wachovia Sec 40,000.00 Safra National Bank 0.800% 06/29/15 786580T83 07/28/12 40,000.00 100.631 40,252.40 160.44
Wachovia Sec 40,000.00 Sovereign Bank FSB 0.700% 06/20/14 84603MZ66 06/20/12 40,000.00 100.109 40,043.60 140.38
Wachovia Sec 40,000.00 State Bank of India NY 1.250% 06/22/15 856284F74 06/22/12 40,000.00 100.672 40,268.80 250.68
TOTALS 1,155,000.00 1,400,000.00 1,405,263.45 9,119.69
Page 4
CITY OF AZUSA TREASURER'S REPORT
Prepared by: Art Vasquez,Treasurer March 31,2014
Market Price
Coupon Maturity Settlement Market Interest Received Fiscal
Broker Face Amount Description Acct/Cusip No. Principal** (Changes
Rate Date Date Value*** Year to Date*
Monthly)
Light&Water Fund Investments - AAA Rated Federal Agency Bonds
BONDS CALLED OR MATURED DURING FISCAL YEAR 0.00
Gilford Sec 1,000,000.00 FFCB 0.730 03/13/17 0.730% 03/13/17 3133ECHG2 03/13/13 1,000,000.00 99.119 991,190.00 7,300.00
Gilford Sec 655,172.41 FHLB 0.720 08/08/16 0.720% 08/08/16 3133805K9 08/08/12 654,844.82 99.884 654,412.41 4,717.24
WFB 1,000,000.00 FFCB 0.690 09/26/16 0.690% 09/26/16 3133EAZ76 09/26/12 1,000,000.00 99.786 997,860.00 6,900.00
WFB 1,000,000.00 FFCB 0.620 10/24/16 0.620% 10/24/16 3133EA5V6 10/24/12 1,000,000.00 99.749 997,490.00 3,100.00
Gilford Sec 1,000,000.00 FFCB 0.820 07/11/17 0.820% 07/11/17 3133EA4H8 10/12/12 999,000.00 98.675 986,750.00 8,200.00
Gilford Sec 1,000,000.00 FFCB 0.980 09/18/17 0.980% 09/18/17 3133EAX29 09/18/12 1,000,000.00 98.935 989,350.00 9,800.00
Gilford Sec 1,000,000.00 FHLB 1.00002/27/18 1.000% 02/27/18 3133823D3 02/27/13 1,000,000 00 98.148 981,480.00 10,000.00
Higgins Capital 1,000,000.00 FHLB 0.900 06/20/18 0.900% 06/20/18 313383EM9 06/20/13 994,500.00 98.613 986,130.00 4,500.00
TOTALS 7,655,172.41 7,648,344.82 7,584,662.41 54,517.24
IWFB-L&W THIRD PARTY CUSTODIAL TRUST ACCT 0.070% N/A N/A N/A 807,008.76 100.000 807,008.761 329.11
Market Price Market Interest Received Fiscal
CITY OF AZUSA and LIGHT&WATER RATE STABLIZATION Principal** (Changes Value*** Year to Date*
Monthly)
TOTAL INVESTMENTS IN FEDERAL AGENCIES,CD's,WFB INSTITUTIONAL TRUSTS,and LAIF 52,174,461.29 51,938,539.93 222,102.81
*The Interest reflects earnings received from July 1,2013.
**The"Principal"column reflects the balance on the last day of the month or the"historical cost"spent to purchase a security.
***The"Market Value" is the current price at which a security can be traded or sold.
Page 5
APPROVED
COUNCIL MEETING
Date, ,
6 41114110..
AZUSA
CONSENT ITEM
D-3
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: THERESA ST. PETER, INTERIM DIRECTOR OF HUMAN RESOURCES
VIA: JAMES MAKSHANOFF, CITY MANAGER
DATE: MAY 5, 2014
SUBJECT: HUMAN RESOURCES ACTION ITEMS
RECOMMENDATION
It is recommended that the City Council approve the following Personnel Action Requests in accordance with the
City of Azusa Civil Service Rules and applicable Memorandum of Understanding(s).
BACKGROUND
On April 22,2014,the Personnel Board confirmed the following Department Head recommendation regarding the
following Personnel Action requests.
A. MERIT INCREASE AND/OR REGULAR APPOINTMENT:
DEPARTMENT NAME CLASSIFICATION ACTION/EFF RANGE/STEP
DATE BASE MO SALARY
Police Cherie Eads Police Officer Merit Increase 6101/5
3-09-2014 $7,030.77
Police Timothy Police Lieutenant Merit Increase 3423/4
Harrington 02-04-2014 $10,475.10
B. PROMOTION—The following promotion has been requested by the department head pursuant to the
Rules of the Civil Service System.
DEPARTMENT NAME PROMOTION EFFECTIVE RANGE/STEP
FROM/TO DATE BASE MO.
SALARY
Finance Naomi Navarez From: Account Specialist III Pending 4179/5
To: Senior Administrative Technician $5,128.37
C. SEPARATION: The following separation is submitted for informational purposes.
DEPARTMENT NAME CLASSIFICATION EFFECTIVE DATE
Utilities Leopoldo Maldonado Water Production Operator II 04-10-2014
Finance Idolina Fernandez Executive Assistant Adm. Services 05-01-2014
FISCAL IMPACT
There is no fiscal impact, as positions listed are funded in approved department budgets.