Loading...
HomeMy WebLinkAbout3-8-16 SA PacketSuccessor Agency City of Lake Elsinore Regular Agenda LAKE-ELSINORE.ORG (951) 674-3124 PHONE CULTURAL CENTER 183 N. MAIN STREET LAKE ELSINORE, CA 92530 BRIAN TISDALE, CHAIR ROBERT MAGEE, VICE-CHAIR DARYL HICKMAN, AGENCY MEMBER STEVE MANOS, AGENCY MEMBER NATASHA JOHNSON, AGENCY MEMBER GRANT YATES, EXECUTIVE DIRECTOR Cultural Center7:00 PMTuesday, March 8, 2016 PUBLIC SESSION at 7:00 PM The City of Lake Elsinore appreciates your attendance. Citizens’ interest provides the Council and Agency with valuable information regarding issues of the community. Meetings are held on the 2nd and 4th Tuesday of every month. In addition, meetings are televised live on Time Warner Cable Station Channel 29 and Verizon subscribers can view the meetings on Channel 31. If you are attending this City Council Meeting, please park in the parking lot across the street from the Cultural Center. This will assist us in limiting the impact of meetings on the Downtown Business District. Thank you for your cooperation. The agenda is posted 72 hours prior to each meeting outside of City Hall and is available at each meeting. The agenda and related reports are also available at City Hall on the Friday prior to the Council meeting and are available on the City ’s website at www.Lake-Elsinore.org. Any writings distributed within 72 hours of the meeting will be made available to the public at the time it is distributed to the City Council. In compliance with the Americans with Disabilities Act, any person with a disability who requires a modification or accommodation in order to participate in a meeting should contact the City Clerk’s Department at (951) 674-3124 Ext. 269, at least 48 hours before the meeting to make reasonable arrangements to ensure accessibility. CITY VISION STATEMENT The City of Lake Elsinore will be the ultimate lake destination where all can live, work and play, build futures and fulfill dreams. Page 1 City of Lake Elsinore Printed on 3/3/2016 March 8, 2016Successor Agency Regular Agenda CALL TO ORDER - 7:00 P.M. PLEDGE OF ALLEGIANCE INVOCATION – MOMENT OF SILENT PRAYER ROLL CALL PUBLIC COMMENTS – NON-AGENDIZED ITEMS – 1 MINUTE (Please read & complete a Request to Address the City Council form prior to the start of the City Council meeting and turn it in to the City Clerk. The Mayor or City Clerk will call on you to speak.) CONSENT CALENDAR (All matters on the Consent Calendar are approved in one motion, unless a Council Member or any member of the public requests separate action on a specific item.) 1)ID# 16-110 Investment Report for October 2015 Recommendation:Receive and File the Investment Report for October 2015. SA RDA Investment Staff Report 2015-10 City Investment Report 2015-10 Attachments: 2)ID# 16-111 First Amendment to Public Works’ Construction Agreement with AP Construction Group Inc. for the Diamond Stadium HVAC Project (CIP Project RDA Z20003) Recommendation:1. Amend the Public Works’ Construction Agreement with AP Construction Group Inc. for the Diamond Stadium HVAC Project (CIP Project RDA Z20003); and, 2. Approve and Authorize the Executive Director to Execute the First Amendment in an Amount Not to Exceed $48,137.95, with AP Construction Group Inc. in the Form and in Such Final Form as Approved by the City Attorney. 1st Amendment HVAC Staff Report final 1st Amendment HVAC final Attachments: 3)ID# 16-112 Affordable Housing Project Proposal Recommendation:Approve the Civic Partners Elsinore LLC Affordable Housing Project Proposal - The Cottages at Mission Trail. SA Staff Report - Affordable Housing Proposal.030816 Affordable Housing Project Proposal - March 2016 Attachments: PUBLIC COMMENTS – NON-AGENDIZED ITEMS – 3 MINUTES (Please read & complete a Request to Address the City Council form prior to the start of the City Council Meeting and turn it in to the City Clerk. The Mayor or City Clerk will call on you to speak.) Page 2 City of Lake Elsinore Printed on 3/3/2016 March 8, 2016Successor Agency Regular Agenda ADJOURNMENT The Lake Elsinore Successor Agency will adjourn this meeting to the next regularly scheduled meeting of Tuesday, March 22, 2016. The Closed Session meeting will be held at 5:00 p.m. and the Regular meeting will be held at 7:00 p.m. in the Cultural Center located at 183 N. Main Street, Lake Elsinore. AFFIDAVIT OF POSTING I, Susan M. Domen, MMC, City Clerk of the City of Lake Elsinore, do hereby affirm that a copy of the foregoing agenda was posted at City Hall 72 hours in advance of this meeting. __________________________ Susan M. Domen, MMC City Clerk Page 3 City of Lake Elsinore Printed on 3/3/2016 Text File City of Lake Elsinore 130 South Main Street Lake Elsinore, CA 92530 www.lake-elsinore.org File Number: ID# 16-110 Agenda Date: 3/8/2016 Status: Approval FinalVersion: 1 File Type: ReportIn Control: Successor Agency Agenda Number: 1) Page 1 City of Lake Elsinore Printed on 3/3/2016 REPORT TO SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE TO: HONORABLE AGENCY CHAIRMAN AND MEMBERS OF THE SUCCESSOR AGENCY FROM: GRANT M. YATES EXECUTIVE DIRECTOR DATE: MARCH 8, 2016 SUBJECT: INVESTMENT REPORT – OCTOBER 2015 Recommendation Staff recommends that the Members of the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore receive and file the Investment Report for October 2015. Discussion The Investment Report is a listing of all funds invested for the City of Lake Elsinore and includes funds held for the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore as of the date shown on the report. Prepared By: Nancy L. Lassey Finance Administrator Approved By: Jason P. Simpson Director of Administrative Services Approved By: Grant M. Yates Executive Director Attachments: Investment Report for October 2015 CITY OF LAKE ELSINORE INVESTMENT REPORT OCTOBER 2015 BANK DEPOSITS OUTSTANDING BOOK CASH ACCOUNTS BALANCE IN TRANSIT CHECKS BALANCE Bank Accounts: General Checking Account 3,730,071$ 523,778$ (464,113)$ 3,789,736$ Cash On Hand: Cashier Drawers #1 & #2 - - - 300 City of Lake Elsinore Petty Cash Fund - - - 1,000 Total Cash Accounts 3,730,071 523,778 (464,113) 3,791,036 INVESTMENTS City Investments: City Local Agency Investment Fund 11,843,550 - - 11,843,550 City Local Agency Investment Fund for the PFA 329,302 - - 329,302 City CAMP Investments: CAMP Pool Account 39,936 - - 39,936 U.S. Treasury Bond / Note 10,759,411 - - 10,759,411 Municipal Bond / Note 290,464 - - 290,464 Federal Agency Collateralized Mortgage Obligation 404,003 - - 404,003 Federal Agency Bond / Note 6,528,620 - - 6,528,620 Corporate Note 8,695,417 - - 8,695,417 Certificate of Deposit 2,800,000 - - 2,800,000 Housing CAMP Investments: Housing CAMP Pool Account 2,453 - - 2,453 Housing U.S. Treasury Bond / Notes 2,342,132 - - 2,342,132 Housing Municipal Bond / Notes 30,084 - - 30,084 Housing Federal Agency Collateralized Mortgage 70,701 - - 70,701 Housing Federal Agency Bond / Notes 938,999 - - 938,999 Housing Corporate Notes 1,423,949 - - 1,423,949 Housing Certificate of Deposit 200,000 - - 200,000 Successor Investments: Successor Local Agency Investment Fund 90,362 - - 90,362 Successor CAMP Investments: Successor CAMP Pool Account 59,634 - - 59,634 Successor U.S. Treasury Bond / Notes 2,333,314 - - 2,333,314 Successor Municipal Bond / notes 30,084 - - 30,084 Successor Federal Agency Collaterized Mortgage 70,701 - - 70,701 Successor Federal Agency Bond / Notes 1,163,811 - - 1,163,811 Successor Corporate Notes 1,339,397 - - 1,339,397 Successor Certificate of Deposit 200,000 - - 200,000 Sub-total Investments 51,986,321 - - 51,986,321 Market Value Adjustment: Unrealized Gain/ (Loss) at 06-30-15 City 4,631 - - 4,631 Unrealized Gain/ (Loss) at 06-30-15 SARDA 13,632 - - 13,632 Total Unrealized Gain/ (Loss) at 06-30-15 per GASB 31 18,263 - - 18,263 Total Investments 52,004,584 - - 52,004,584 Total Pooled Cash and Investments 55,734,654$ 523,778$ (464,113)$ 55,795,619$ TOTAL POOLED CASH AND INVESTMENTS 55,795,619$ 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 June 9, 2015. A copy of this policy is available in the office of the City Clerk. The pooled investments shown above provide sufficient cash flow liquidity to meet the next six months estimated expenditures. Jason P. Simpson February 29, 2016 Director of Administrative Services Date C I T Y O F L A K E E L S I N O R E INVESTMENT REPORT OF POOLED CASH AND INVESTMENTS AS OF OCTOBER 31, 2015 Interest Rate Purchase Date Maturity Rate 0.357%Daily 24-Hour Agency Beginning Balance Net Increase/(Decrease)Ending Balance City 11,843,550$ -$ 11,843,550$ City for the PFA 329,302$ -$ 329,302$ Successor Agency 90,362$ -$ 90,362$ Total Investments Held with Local Agency Investment Fund:12,263,213$ -$ 12,263,213$ C I T Y O F L A K E E L S I N O R E LOCAL AGENCY INVESTMENT FUND TRANSACTION SUMMARY FOR THE MONTH ENDING OCTOBER 31, 2015 3 of 5 FUND NO FUND NAME AMOUNT 100 General Fund 9,067,346$ 101 Supplemental Law Enforcement Fund 39,618 104 Traffic Offender Fund 24,754 106 Affordable Housing In Lieu Fund 2,578,809 107 Developer Agreement Revenue 1,320,203 110 State Gas Tax Fund 1,709,513 112 Measure A Fund 1,111,875 114 SB1186 CASP Education Program Fund 4,370 115 Traffic Safety Fund 86,645 116 City Hall-Public Works DIF Fund 1,009,634 117 Community Center DIF Fund 425,726 118 Lake Side Facility DIF Fund 733,536 120 Camino Del Norte DIF 36,533 121 T.R.I.P.-2014A 629,772 135 Lighting & Landscape Maintenance Fund - Dist. No. 1 351,056 140 Geothermal Fund 19,596 155 CSA152 -- N.P.D.E.S.94,646 201 Street C.I.P. Fund 97 204 Signal C.I.P. Fund 802 205 Traffic Impact Fee Fund 3,271,987 211 Storm Drain C.I.P. Fund 3,436,401 221 Quimby Park C.I.P. Fund 22,063 231 Library C.I.P. Fund 1,651,813 232 City Fire Protection Fund 63,293 254 AD 89-1 Railroad Canyon Rd. Improvement Fund 126,253 268 CFD 2006-2 Viscaya Improvement 216 271 CFD 2005-1 Serenity Improvement 171 330 CFD 2015-2 Maintenance Services 4,730 332 CFD 2006-1 Improvement Area B, Summerly 43,112 333 CFD 2015-3 Terracina 25,000 342 CFD 2007-5 Red Kite Service Fund 1,320 343 CFD 2006-2S Viscaya Services 396 345 CFD 2003-2S Improvement Area D, Canyon Hills 188,361 346 CFD 2014-1 Southshore Debt Service Fund 62,061 347 CFD 2006-1 Improvement Area A, Summerly 25,866 348 CFD 2003-2 Improvement Area C, Canyon Hills 80,498 349 CFD 88-3 (2013B) Debt Service Fund 35,821 350 CFD 98-1 Summerhill Debt Service Fund 158,410 352 AD 86-1 Debt Service Fund 627,992 354 CFD 90-2 Successor RDA Debt Service Fund 112,229 357 CFD 2003-2 Canyon Hills Debt Service Fund 312,158 366 CFD 2005-6 City Center Townhomes Debt Service Fund 19,940 367 CFD 2005-3 Summerly Debt Service Fund 88,527 C I T Y O F L A K E E L S I N O R E POOLED CASH AND INVESTMENTS BY FUND AS OF OCTOBER 31, 2015 4 of 5 FUND NO FUND NAME AMOUNT C I T Y O F L A K E E L S I N O R E POOLED CASH AND INVESTMENTS BY FUND AS OF OCTOBER 31, 2015 368 CFD 2006-2 Viscaya Debt Service Fund 100,493 369 CFD 2004-3 Area 1 Rosetta Canyon Debt Service Fund 87,269 371 CFD 2005-1 Serenity Debt Service Fund 105,600 372 CFD 2005-2 Alberhill Ranch Debt Service Fund 414,100 373 CFD 2005-5 Wasson Canyon Debt Service Fund 1,288 374 CFD 2005-4 Lakeview Villas Debt Service Fund 44,251 375 CFD 2006-4 Tract No. 30698 & 32129 Debt Service Fund 16,515 376 CFD 2006-3 La Strada Debt Service Fund 21,504 377 CFD 2006-6 Tessara Debt Service Fund 10,051 378 CFD 2006-8 Tract No. 31957 Debt Service Fund 46,110 382 CFD 2006-9 Trieste Debt Service Fund 31,570 384 CFD 2003-2 Area B Canyon Hills Debt Service Fund 266,872 385 CFD 2004-3 Area 2 Rosetta Canyon Debt Service Fund 357,977 386 CFD 2007-4 Mekenna Debt Service Fund 9,271 387 CFD 2007-5 Red Kite Debt Service Fund 59,390 388 CFD 2007-6 Holiday Inn Debt Service Fund 3,804 392 CFD 95-1 City Center Debt Service Fund 24,172 393 AD 93-1 Debt Service Fund 12,907 394 CFD 2005-5 (2012A) Wasson Canyon Debt Service Fund 210,832 510 Successor Agency RDA Area I 1,731,848 520 Successor Agency RDA Area II 4,325,683 530 Successor Agency RDA Area III 1,356,993 540 Successor Area RDA Diamond Stadium 1,656,398 604 Endowment Trust Fund 11,014 605 Public Improvement Trust Fund 781,740 606 Mobile Source Air Polution Reduction Fund 171,751 608 Trust Deposit & Pre Paid Expense Fund 1,643,281 617 Successor Agency Housing Fund 10,931,592 620 Cost Recovery System Fund 1,159,788 631 Lake Destratification Equipment Replacement Fund 178,102 723 LEPFA 2008 Series A 3,578 731 LEPFA 2011 Series B 2,707 734 LEPFA 2013 Series C 408,580 780 LEPFA General 93,280 Total Pooled Cash & Investments 55,795,619$ DIVERSIFICATION MAXIMUM TYPES OF SECURITIES PERCENTAGE PERCENTAGE U.S. Treasury Bills 0.00%UNLIMITED U.S. Treasury Bond / Note 29.69%UNLIMITED Current Balance 15,434,857$ Municipal Bond / Note 0.67%UNLIMITED Current Balance 350,632$ Federal Agency Collaterized Mortgage Obligation 1.05%40.00% Current Balance 545,404$ Federal Agency Bond / Note 16.60%*UNLIMITED Current Balance 8,631,429$ Banker's Acceptance 0.00%40.00% Certificates of Deposit 6.16%25.00% Current Balance 3,200,000$ Negotiable Certificates of Deposit 0.00%30.00% Commercial Paper 0.00%15.00% Corporate Note 22.04%30.00% Current Balance 11,458,762$ Repurchase Agreements 0.00%UNLIMITED Reverse Repurchase Agreements 0.00%20.00% LAIF (Local Agency Investment Fund)23.59%UNLIMITED Current Balance 12,263,213$ CAMP - Pooled Sweep Account 0.20%UNLIMITED Current Balance 102,023$ TOTAL 100.00%51,986,321$ Note: Local agencies are only eligible to purchase medium term corporate notes that have a rating of "A" or better by both Moody's Investors Service, Inc., and Standard and Poor's Corporation (S & P). If a security falls below "A" by both rating agencies, then PFM Asset Management LLC will evaluate the need to sell the security prior to maturity. The CAMP Portfolio Summary and Statistics shows the credit quality held by the City's investments. *No more than 40% in any one federal agency. See CAMP Portfolio Statement for listing of agencies. *Totals include the Housing and Successor Agency CAMP Portfolios. FOR THE MONTH ENDING OCTOBER 31, 2015 SUMMARY OF POLICY LIMITATIONS C I T Y O F L A K E E L S I N O R E City Funds CAMP Account For the Month Ending October 31, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 131,741.86 178,548.62 (270,354.77) 0.00 $39,935.71 CAMP Pool Unsettled Trades 0.00 16.42 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 29,444,343.27 267,653.68 (150,791.02) (54,237.46) $29,506,968.47 CAMP Managed Account Unsettled Trades 0.00 29,544.10 Cash Dividends and Income October 31, 2015 September 30, 2015 Asset Summary CAMP Pool 39,935.71 131,741.86 CAMP Managed Account 29,506,968.47 29,444,343.27 $29,546,904.18 $29,576,085.13 Total Asset Allocation 0.14% CAMP Pool 99.86% CAMP Managed Account Page 1 For the Month Ending October 31, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $131,741.86 178,548.62 (270,354.77) $39,935.71 16.42 $29,444,343.27 0.00 (150,791.02) 267,653.68 0.00 (54,237.46) $29,506,968.47 $29,576,085.13 $29,546,904.18 28,834.93 (351.38) 1,060.55 $29,544.10 0.00 151,226.14 28,399.81 0.00 (268,005.06) 88,379.11 0.00 Managed Account Total 29,400,095.04 29,440,030.75 99,594.76 151,226.14 0.00 28,399.81 (268,005.06) (29,284,766.52) (93,929.21) 0.00 99,594.76 421,580.91 0.00 28,399.81 (446,553.68) (29,416,508.38) (93,929.21) 16.42 Total Accrual Basis Earnings $32,614.96 $32,631.38 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending October 31, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 10,755,000.00 10,804,877.56 36.56 Municipal Bond / Note 290,000.00 292,720.35 0.99 Federal Agency Collateralized Mortgage Obligation 400,000.00 403,533.26 1.37 Federal Agency Bond / Note 6,530,000.00 6,558,401.81 22.20 Corporate Note 8,550,000.00 8,649,287.23 29.27 Certificate of Deposit 2,800,000.00 2,798,148.26 9.47 Managed Account Sub-Total 29,325,000.00 29,506,968.47 99.86% Accrued Interest 99,594.76 Total Portfolio 29,325,000.00 29,606,563.23 CAMP Pool 39,935.71 39,935.71 0.14 Total Investments 29,364,935.71 29,646,498.94 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 9.47% Cert of Deposit 29.27% Corporate Note 1.37% Fed Agency CMO 22.20% Fed Agy Bond / Note 0.14% Mny Mkt Fund 0.99% Muni Bond / Note 36.56% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 0.13% 6.19% 37.96% 18.70% 26.55% 10.47% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.43 917 1.28% 1.12% Page 3 For the Month Ending October 31, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Credit Quality (S&P Ratings) 7.74% A 5.86% A+ 0.68% A- 3.88% A-1 1.53% A-1+ 8.87% AA 62.13% AA+ 8.65% AA- 0.52% AAA 0.14% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 326,203.15 1.10 3M COMPANY 200,335.40 0.68 AMERICAN EXPRESS CO 576,656.58 1.95 AMERICAN HONDA FINANCE 309,116.19 1.05 APPLE INC 756,881.70 2.56 BERKSHIRE HATHAWAY INC 39,935.71 0.14 CAMP Pool 573,542.38 1.94 CANADIAN IMPERIAL BANK OF COMMERCE 319,954.24 1.08 CATERPILLAR INC 769,716.25 2.61 CHEVRON CORP 578,064.93 1.96 CISCO SYSTEMS INC 435,071.34 1.47 DEERE & COMPANY 4,244,297.84 14.36 FANNIE MAE 775,463.45 2.62 FEDERAL HOME LOAN BANKS 1,942,173.78 6.57 FREDDIE MAC 283,964.00 0.96 GENERAL ELECTRIC CO 700,308.25 2.37 HSBC HOLDINGS PLC 249,787.25 0.85 IBM CORP 579,785.15 1.96 JP MORGAN CHASE & CO 154,305.76 0.52 MICROSOFT CORP 574,059.88 1.94 NORDEA BANK AB 574,005.25 1.94 RABOBANK NEDERLAND 165,501.60 0.56 STATE OF CONNECTICUT 703,486.70 2.38 THE WALT DISNEY CORPORATION 625,906.25 2.12 TORONTO-DOMINION BANK 200,736.00 0.68 TOYOTA MOTOR CORP 10,804,877.56 36.58 UNITED STATES TREASURY 127,218.75 0.43 UNIVERSITY OF CALIFORNIA 706,030.50 2.39 US BANCORP 800,788.68 2.71 WAL-MART STORES INC 448,729.66 1.52 WELLS FARGO & COMPANY $29,546,904.18 Total 100.00% Page 4 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 351,513.05 349,849.17 1,031.93 349,371.09 01/26/1201/23/12AaaAA+ 350,000.00 912828RX0 0.91 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 653,698.50 652,439.42 568.31 655,281.25 03/03/1402/27/14AaaAA+ 650,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 1,307,397.00 1,301,408.52 1,136.61 1,302,996.09 03/21/1403/19/14AaaAA+ 1,300,000.00 912828SM3 0.92 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 797,145.60 790,944.58 2,103.83 784,625.00 05/09/1405/06/14AaaAA+ 800,000.00 912828UA6 1.18 US TREASURY NOTES DTD 04/30/2013 0.625% 04/30/2018 347,302.20 348,379.97 6.01 346,814.45 05/15/1305/10/13AaaAA+ 350,000.00 912828UZ1 0.81 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 884,205.88 885,747.27 3,040.51 888,603.52 02/04/1502/02/15AaaAA+ 875,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 572,924.10 567,241.13 2,997.95 566,014.45 06/03/1406/02/14AaaAA+ 570,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 480,380.80 473,391.01 1,800.61 472,791.99 07/31/1407/29/14AaaAA+ 475,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 162,279.20 160,132.31 227.32 160,175.00 09/04/1409/02/14AaaAA+ 160,000.00 912828C65 1.60 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 583,190.88 575,689.99 816.94 575,898.44 10/06/1410/02/14AaaAA+ 575,000.00 912828C65 1.59 US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 532,474.00 527,860.41 7,218.07 535,429.69 11/03/1410/30/14AaaAA+ 500,000.00 912828KQ2 1.50 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 296,109.30 296,533.65 262.30 296,097.66 04/30/1504/28/15AaaAA+ 300,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 987,031.00 984,037.78 874.32 981,367.18 02/27/1502/26/15AaaAA+ 1,000,000.00 912828TR1 1.42 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1,269,628.75 1,266,882.24 1,912.57 1,269,384.77 03/27/1503/26/15AaaAA+ 1,250,000.00 912828F39 1.39 Page 5 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1,034,058.90 1,031,600.69 4,418.03 1,029,738.28 05/29/1505/28/15AaaAA+ 1,050,000.00 912828UB4 1.44 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 545,538.40 545,003.76 1,171.02 544,822.27 09/03/1509/02/15AaaAA+ 550,000.00 912828UQ1 1.47 29,586.33 10,804,877.56 10,757,141.90 1.25 10,759,411.13 10,755,000.00 Security Type Sub-Total Municipal Bond / Note UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 127,218.75 125,000.00 1,097.44 125,000.00 04/10/1404/04/14Aa2AA 125,000.00 91412GUV5 1.90 CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 165,501.60 165,395.44 416.19 165,463.65 03/25/1503/16/15Aa3AA 165,000.00 20772JZK1 1.90 1,513.63 292,720.35 290,395.44 1.90 290,463.65 290,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 135,879.58 136,081.03 174.38 136,349.51 04/30/1504/15/15AaaAA+ 135,000.00 3136ANJY4 0.83 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 267,653.68 267,651.83 363.49 267,653.68 10/30/1510/07/15AaaAA+ 265,000.00 3136AQDQ0 1.08 537.87 403,533.26 403,732.86 1.00 404,003.19 400,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 775,463.45 774,257.51 355.21 773,256.25 08/07/1408/06/14AaaAA+ 775,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 602,168.40 600,577.96 247.92 601,824.00 10/03/1310/01/13AaaAA+ 600,000.00 3137EADS5 0.77 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 482,310.72 480,326.62 1,626.67 480,561.60 08/13/1408/11/14AaaAA+ 480,000.00 3137EADH9 0.96 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 801,754.40 800,738.53 1,225.00 801,984.00 09/10/1209/06/12AaaAA+ 800,000.00 3135G0MZ3 0.82 Page 6 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Federal Agency Bond / Note FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 476,548.03 476,966.90 422.22 480,068.25 10/05/1210/04/12AaaAA+ 475,000.00 3137EADL0 0.78 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 1,001,462.00 996,021.22 121.53 992,270.00 12/03/1311/27/13AaaAA+ 1,000,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 398,840.00 396,841.06 1,555.56 393,940.00 05/31/1305/24/13AaaAA+ 400,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 648,115.00 647,152.41 2,527.78 644,507.50 05/24/1305/22/13AaaAA+ 650,000.00 3135G0WJ8 1.05 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 355,597.55 350,008.21 2,432.99 350,010.50 06/19/1406/16/14AaaAA+ 350,000.00 3135G0YT4 1.62 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 634,995.63 629,488.16 4,344.62 630,937.50 10/23/1410/22/14AaaAA+ 625,000.00 3135G0YT4 1.39 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 381,146.63 378,418.59 2,752.60 379,260.00 12/03/1412/01/14AaaAA+ 375,000.00 3137EADG1 1.49 17,612.10 6,558,401.81 6,530,797.17 1.02 6,528,619.60 6,530,000.00 Security Type Sub-Total Corporate Note WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 703,486.70 699,295.13 1,662.50 697,494.00 06/14/1206/11/12A2A 700,000.00 25468PCS3 1.20 WAL-MART STORES INC SR NOTES DTD 04/05/2007 5.375% 04/05/2017 500,053.68 494,155.02 1,824.51 551,822.30 04/11/1204/05/12Aa2AA 470,000.00 931142CG6 1.72 BERKSHIRE HATHAWAY FIN GLOBAL NOTES DTD 05/15/2012 1.600% 05/15/2017 353,563.70 351,802.97 2,582.22 354,987.50 01/15/1301/08/13Aa2AA 350,000.00 084664BS9 1.26 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 706,030.50 700,000.00 5,325.83 714,952.00 07/30/1207/25/12A1A+ 700,000.00 91159HHD5 1.19 JOHN DEERE CAPITAL CORP NOTES DTD 06/12/2014 1.125% 06/12/2017 435,071.34 434,889.16 1,889.53 434,795.55 06/12/1406/09/14A2A 435,000.00 24422ESN0 1.14 Page 7 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note HSBC USA INC DTD 06/23/2014 1.300% 06/23/2017 249,673.75 249,789.85 1,155.56 249,620.00 06/23/1406/16/14A2A 250,000.00 40434CAA3 1.35 3M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 326,203.15 324,495.75 1,128.47 323,501.75 06/26/1206/21/12Aa3AA- 325,000.00 88579YAE1 1.10 CATERPILLAR FINANCIAL SE DTD 08/20/2014 1.250% 08/18/2017 319,954.24 319,903.22 811.11 319,840.00 08/20/1408/13/14A2A 320,000.00 14912L6D8 1.27 AMERICAN EXPRESS CREDIT CORP NOTES DTD 09/23/2014 1.550% 09/22/2017 200,335.40 199,829.38 335.83 199,732.00 09/23/1409/18/14A2A- 200,000.00 0258M0DR7 1.60 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 150,075.90 150,000.00 671.60 150,000.00 12/05/1211/28/12Aa1AA 150,000.00 166764AA8 1.10 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 175,088.55 175,392.99 783.53 175,946.75 12/05/1211/29/12Aa1AA 175,000.00 166764AA8 0.99 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 249,787.25 249,470.87 720.49 248,855.00 02/08/1302/05/13Aa3AA- 250,000.00 459200HK0 1.35 BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 403,318.00 399,741.62 1,412.22 399,444.00 02/11/1301/29/13Aa2AA 400,000.00 084670BH0 1.58 WAL-MART STORES INC GLOBAL NOTES DTD 04/11/2013 1.125% 04/11/2018 300,735.00 299,863.11 187.50 299,724.00 04/11/1304/04/13Aa2AA 300,000.00 931142DF7 1.14 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 154,305.76 154,950.53 775.00 154,902.35 05/02/1304/25/13AaaAAA 155,000.00 594918AS3 1.01 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 309,116.19 309,419.11 1,532.78 308,856.10 05/03/1304/30/13Aa1AA+ 310,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 444,551.80 440,000.00 2,666.72 440,000.00 06/24/1306/17/13Aa1AA 440,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 273,820.23 271,924.14 956.25 272,565.00 09/04/1408/29/14A1AA- 270,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 304,244.70 302,692.82 1,062.50 302,817.00 09/04/1509/01/15A1AA- 300,000.00 17275RAR3 1.85 Page 8 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 576,656.58 574,169.35 2,731.25 573,936.25 09/09/1409/04/14A1A+ 575,000.00 02665WAH4 2.29 GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 283,964.00 284,392.77 4,315.97 289,082.50 03/25/1503/20/15A1AA+ 250,000.00 36962G4J0 2.05 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 74,788.28 75,254.86 407.60 75,288.00 03/27/1503/24/15A2A+ 75,000.00 94974BGF1 2.07 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 373,941.38 377,248.83 2,038.02 377,621.25 02/05/1502/02/15A2A+ 375,000.00 94974BGF1 2.00 TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 200,736.00 201,572.57 585.28 201,776.00 03/27/1503/23/15Aa3AA- 200,000.00 89236TCF0 1.96 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 579,785.15 577,773.62 5,622.22 577,857.75 09/04/1509/01/15A3A 575,000.00 46625HLW8 2.64 43,184.49 8,649,287.23 8,618,027.67 1.58 8,695,417.05 8,550,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 450,634.50 450,000.00 836.00 450,000.00 02/13/1502/11/15P-1A-1+ 450,000.00 40428AC54 0.88 CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 573,542.38 575,000.00 403.30 575,000.00 04/10/1504/06/15P-1A-1 575,000.00 13606JYY9 1.01 RABOBANK NEDERLAND NV CERT DEPOS DTD 04/27/2015 1.070% 04/21/2017 574,005.25 575,000.00 170.90 575,000.00 04/27/1504/22/15P-1A-1 575,000.00 21684BXH2 1.07 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 574,059.88 575,000.00 2,865.42 575,000.00 05/29/1505/27/15Aa3AA- 575,000.00 65558LFA5 1.15 TORONTO DOMINION BANK NY YCD DTD 06/19/2015 1.240% 06/16/2017 625,906.25 625,000.00 2,884.72 625,000.00 06/19/1506/16/15Aa1AA- 625,000.00 89113ESN7 1.25 7,160.34 2,798,148.26 2,800,000.00 1.08 2,800,000.00 2,800,000.00 Security Type Sub-Total Page 9 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par 29,325,000.00 29,477,914.62 1.28 99,594.76 29,400,095.04 29,506,968.47 Managed Account Sub-Total Money Market Fund CAMP Pool 39,935.71 39,935.71 0.00 39,935.71 NRAAAm 39,935.71 39,935.71 39,935.71 0.00 39,935.71 39,935.71 Money Market Sub-Total $29,364,935.71 $29,517,850.33 $99,594.76 $29,440,030.75 $29,546,904.18 1.28% $29,646,498.94 $99,594.76 Total Investments Accrued Interest Securities Sub-Total Page 10 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.16 1,663.88 2,141.96 351,513.05 100.43 DEUTSCHE 350,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.50 1.16 1.40 1,259.08 (1,582.75) 653,698.50 100.57 MERRILL 650,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.60 1.40 1.40 5,988.48 4,400.91 1,307,397.00 100.57 MORGANST 1,300,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.60 1.40 2.06 6,201.02 12,520.60 797,145.60 99.64 MERRILL 800,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.80 2.06 2.47 (1,077.77) 487.75 347,302.20 99.23 CSFB 350,000.00 912828UZ1US TREASURY NOTES DTD 04/30/2013 0.625% 04/30/2018 0.94 2.47 2.69 (1,541.39)(4,397.64) 884,205.88 101.05 BARCLAYS 875,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 0.99 2.69 3.00 5,682.97 6,909.65 572,924.10 100.51 CITIGRP 570,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.08 3.00 3.16 6,989.79 7,588.81 480,380.80 101.13 BARCLAYS 475,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.14 3.16 3.31 2,146.89 2,104.20 162,279.20 101.42 CITIGRP 160,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.20 3.31 3.31 7,500.89 7,292.44 583,190.88 101.42 MERRILL 575,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.20 3.31 3.32 4,613.59 (2,955.69) 532,474.00 106.49 MERRILL 500,000.00 912828KQ2US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 1.24 3.32 3.82 (424.35) 11.64 296,109.30 98.70 MERRILL 300,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.34 3.82 3.82 2,993.22 5,663.82 987,031.00 98.70 JPMCHASE 1,000,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.34 3.82 3.77 2,746.51 243.98 1,269,628.75 101.57 JPMCHASE 1,250,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.34 3.77 3.97 2,458.21 4,320.62 1,034,058.90 98.48 CITIGRP 1,050,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.38 3.97 4.19 534.64 716.13 545,538.40 99.19 MERRILL 550,000.00 912828UQ1US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 1.44 4.19 45,466.43 1.07 2.92 47,735.66 10,804,877.56 10,755,000.00 Security Type Sub-Total 2.92 Page 11 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Municipal Bond / Note 2.46 2,218.75 2,218.75 127,218.75 101.78 GOLDMAN 125,000.00 91412GUV5UNIV OF CAL TXBL REV BONDS DTD 04/10/2014 1.904% 05/15/2018 1.19 2.46 3.24 106.16 37.95 165,501.60 100.30 VINING 165,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.88 3.24 2,256.70 1.58 2.90 2,324.91 292,720.35 290,000.00 Security Type Sub-Total 2.90 Federal Agency Collateralized Mortgage Obligation 2.21 (201.45)(469.93) 135,879.58 100.65 GOLDMAN 135,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.21 2.25 3.56 1.85 0.00 267,653.68 101.00 MORGANST 265,000.00 3136AQDQ0FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 1.34 2.86 (469.93) 1.29 3.11 (199.60) 403,533.26 400,000.00 Security Type Sub-Total 2.66 Federal Agency Bond / Note 0.91 1,205.94 2,207.20 775,463.45 100.06 MORGANST 775,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.43 0.91 0.95 1,590.44 344.40 602,168.40 100.36 NOMURA 600,000.00 3137EADS5FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 0.49 0.95 1.64 1,984.10 1,749.12 482,310.72 100.48 BNP PARI 480,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.71 1.64 1.81 1,015.87 (229.60) 801,754.40 100.22 HSBC 800,000.00 3135G0MZ3FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 0.75 1.81 1.89 (418.87)(3,520.22) 476,548.03 100.33 JEFFERIE 475,000.00 3137EADL0FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 0.83 1.89 1.97 5,440.78 9,192.00 1,001,462.00 100.15 SOC GEN 1,000,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.80 1.97 2.51 1,998.94 4,900.00 398,840.00 99.71 CSFB 400,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.99 2.51 2.51 962.59 3,607.50 648,115.00 99.71 BNP PARI 650,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.99 2.51 2.97 5,589.34 5,587.05 355,597.55 101.60 HSBC 350,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.09 2.97 Page 12 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Federal Agency Bond / Note 2.97 5,507.47 4,058.13 634,995.63 101.60 GOLDMAN 625,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.09 2.97 3.44 2,728.04 1,886.63 381,146.63 101.64 TD SEC U 375,000.00 3137EADG1FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 1.28 3.44 29,782.21 0.82 2.02 27,604.64 6,558,401.81 6,530,000.00 Security Type Sub-Total 2.02 Corporate Note 1.28 4,191.57 5,992.70 703,486.70 100.50 BARCLAYS 700,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.74 1.28 1.38 5,898.66 (51,768.62) 500,053.68 106.39 GOLDMAN 470,000.00 931142CG6WAL-MART STORES INC SR NOTES DTD 04/05/2007 5.375% 04/05/2017 0.86 1.38 1.51 1,760.73 (1,423.80) 353,563.70 101.02 GOLDMAN 350,000.00 084664BS9BERKSHIRE HATHAWAY FIN GLOBAL NOTES DTD 05/15/2012 1.600% 05/15/2017 0.93 1.51 1.43 6,030.50 (8,921.50) 706,030.50 100.86 04/15/17BARCLAYS 700,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.08 2.42 1.59 182.18 275.79 435,071.34 100.02 HSBC 435,000.00 24422ESN0JOHN DEERE CAPITAL CORP NOTES DTD 06/12/2014 1.125% 06/12/2017 1.11 1.59 1.61 (116.10) 53.75 249,673.75 99.87 HSBC 250,000.00 40434CAA3HSBC USA INC DTD 06/23/2014 1.300% 06/23/2017 1.38 1.61 1.63 1,707.40 2,701.40 326,203.15 100.37 MORGANST 325,000.00 88579YAE13M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 0.77 1.63 1.77 51.02 114.24 319,954.24 99.99 CITIGRP 320,000.00 14912L6D8CATERPILLAR FINANCIAL SE DTD 08/20/2014 1.250% 08/18/2017 1.26 1.77 1.86 506.02 603.40 200,335.40 100.17 DEUTSCHE 200,000.00 0258M0DR7AMERICAN EXPRESS CREDIT CORP NOTES DTD 09/23/2014 1.550% 09/22/2017 1.46 1.86 1.98 75.90 75.90 150,075.90 100.05 11/05/17MORGANST 150,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.08 2.20 1.98 (304.44)(858.20) 175,088.55 100.05 11/05/17BARCLAYS 175,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.08 2.20 Page 13 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Corporate Note 2.22 316.38 932.25 249,787.25 99.91 HSBC 250,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.29 2.22 2.22 3,576.38 3,874.00 403,318.00 100.83 GOLDMAN 400,000.00 084670BH0BERKSHIRE HATHAWAY GLOBAL NOTE DTD 02/11/2013 1.550% 02/09/2018 1.18 2.22 2.40 871.89 1,011.00 300,735.00 100.25 MORGANST 300,000.00 931142DF7WAL-MART STORES INC GLOBAL NOTES DTD 04/11/2013 1.125% 04/11/2018 1.02 2.40 2.45 (644.77)(596.59) 154,305.76 99.55 MERRILL 155,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.18 2.45 2.45 (302.92) 260.09 309,116.19 99.71 GOLDMAN 310,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.12 2.45 2.57 4,551.80 4,551.80 444,551.80 101.03 BARCLAYS 440,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.32 2.57 3.20 1,896.09 1,255.23 273,820.23 101.41 BONY 270,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 3.20 3.20 1,551.88 1,427.70 304,244.70 101.41 BNP PARI 300,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 3.20 3.60 2,487.23 2,720.33 576,656.58 100.29 MERRILL 575,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.17 3.60 3.73 (428.77)(5,118.50) 283,964.00 113.59 GOLDMAN 250,000.00 36962G4J0GENERAL ELECTRIC CAP CORP NOTES DTD 01/08/2010 5.500% 01/08/2020 2.09 3.73 4.02 (466.58)(499.72) 74,788.28 99.72 1ST TENN 75,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.22 4.02 4.02 (3,307.45)(3,679.87) 373,941.38 99.72 JEFFERIE 375,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.22 4.02 4.14 (836.57)(1,040.00) 200,736.00 100.37 HSBC 200,000.00 89236TCF0TOYOTA MOTOR CORP NOTES DTD 03/12/2015 2.150% 03/12/2020 2.06 4.14 4.22 2,011.53 1,927.40 579,785.15 100.83 05/23/20JPMCHASE 575,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.56 4.22 (46,129.82) 1.40 2.41 31,259.56 8,649,287.23 8,550,000.00 Security Type Sub-Total 2.50 Certificate of Deposit Page 14 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Security Type/Description Next Call Market YTMEffective Duration Certificate of Deposit 0.79 634.50 634.50 450,634.50 100.14 HSBC 450,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.70 0.79 1.42 (1,457.62)(1,457.62) 573,542.38 99.75 GOLDMAN 575,000.00 13606JYY9CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 1.18 1.42 1.47 (994.75)(994.75) 574,005.25 99.83 GOLDMAN 575,000.00 21684BXH2RABOBANK NEDERLAND NV CERT DEPOS DTD 04/27/2015 1.070% 04/21/2017 1.18 1.47 1.56 (940.12)(940.12) 574,059.88 99.84 MERRILL 575,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 0.95 1.56 1.62 906.25 906.25 625,906.25 100.15 TD SEC U 625,000.00 89113ESN7TORONTO DOMINION BANK NY YCD DTD 06/19/2015 1.240% 06/16/2017 1.15 1.62 (1,851.74) 1.05 1.40 (1,851.74) 2,798,148.26 2,800,000.00 Security Type Sub-Total 1.40 29,325,000.00 29,506,968.47 29,053.85 106,873.43 2.43 1.12 Managed Account Sub-Total 2.45 Money Market Fund 0.00 0.00 0.00 39,935.71 1.00 39,935.71 CAMP Pool 0.00 39,935.71 39,935.71 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $29,646,498.94 $99,594.76 $29,546,904.18 Accrued Interest Securities Sub-Total $29,364,935.71 $29,053.85 $106,873.43 2.43 1.12% 2.45 Page 15 For the Month Ending October 31, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method BUY 10/30/15 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 (267,653.68)(351.38)(268,005.06) 265,000.00 10/07/15 (351.38) (268,005.06)(267,653.68) 265,000.00 Transaction Type Sub-Total INTEREST 10/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 174.38 174.38 135,000.00 10/01/15 10/05/15 WAL-MART STORES INC SR NOTES DTD 04/05/2007 5.375% 04/05/2017 931142CG6 0.00 12,631.25 12,631.25 470,000.00 10/05/15 10/06/15 CANADIAN IMPERIAL BANK NY YCD DTD 04/10/2015 1.010% 04/06/2017 13606JYY9 0.00 2,839.22 2,839.22 575,000.00 10/06/15 10/11/15 WAL-MART STORES INC GLOBAL NOTES DTD 04/11/2013 1.125% 04/11/2018 931142DF7 0.00 1,687.50 1,687.50 300,000.00 10/11/15 10/14/15 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 3137EADS5 0.00 2,625.00 2,625.00 600,000.00 10/14/15 10/21/15 RABOBANK NEDERLAND NV CERT DEPOS DTD 04/27/2015 1.070% 04/21/2017 21684BXH2 0.00 2,973.71 2,973.71 575,000.00 10/21/15 10/26/15 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 3135G0PQ0 0.00 4,375.00 4,375.00 1,000,000.00 10/26/15 10/31/15 US TREASURY NOTES DTD 04/30/2013 0.625% 04/30/2018 912828UZ1 0.00 1,093.75 1,093.75 350,000.00 10/31/15 28,399.81 28,399.81 0.00 4,005,000.00 Transaction Type Sub-Total SELL 10/30/15 US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 912828RX0 150,791.02 435.12 151,226.14 1,060.55 855.96 SPEC LOT 150,000.00 10/26/15 435.12 855.96 1,060.55 151,226.14 150,791.02 150,000.00 Transaction Type Sub-Total (116,862.66) 28,483.55 (88,379.11) 1,060.55 855.96 Managed Account Sub-Total Page 16 For the Month Ending October 31, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Security Transactions $1,060.55 ($88,379.11)$28,483.55 ($116,862.66)$855.96 Page 17 For the Month Ending October 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 131,741.86 Opening Balance 10/05/15 10/05/15 Purchase - Individual Portfolio Interest 1.00 12,631.25 144,373.11 10/06/15 10/06/15 Purchase - Individual Portfolio Interest 1.00 2,839.22 147,212.33 10/13/15 10/13/15 Purchase - Individual Portfolio Interest 1.00 1,687.50 148,899.83 10/14/15 10/14/15 Purchase - Individual Portfolio Interest 1.00 2,625.00 151,524.83 10/21/15 10/21/15 Purchase - Individual Portfolio Interest 1.00 2,973.71 154,498.54 10/23/15 10/23/15 IP Fees September 2015 1.00 (2,239.32) 152,259.22 10/23/15 10/23/15 U.S. Bank Fees August 2015 1.00 (110.39) 152,148.83 10/26/15 10/26/15 Purchase - Individual Portfolio Interest 1.00 174.38 152,323.21 10/26/15 10/26/15 Purchase - Individual Portfolio Interest 1.00 4,375.00 156,698.21 10/30/15 10/30/15 Purchase - Individual Portfolio Interest 1.00 435.12 157,133.33 10/30/15 10/30/15 Purchase - Individual Portfolio Sell 1.00 149,730.47 306,863.80 10/30/15 10/30/15 Purchase - Individual Portfolio Gain on Cost 1.00 1,060.55 307,924.35 10/30/15 10/30/15 Redemption - Individual Portfolio Buy 1.00 (268,005.06) 39,919.29 10/30/15 11/02/15 Accrual Income Div Reinvestment - Distributions 1.00 16.42 39,935.71 Page 18 For the Month Ending October 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - CITY FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate 39,935.71 39,935.71 39,935.71 141,403.49 77.62 0.00 (11,052,366.26) 10,984,362.25 107,939.72 16.42 39,935.71 0.00 (270,354.77) 178,548.62 131,741.86 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance October January-October 0.14% Page 19 Housing Funds CAMP Account For the Month Ending October 31, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Opening Market Value Purchases Redemptions Change in Value Closing Market Value 71,367.48 126,770.98 (195,685.43) 0.00 $2,453.03 CAMP Pool Unsettled Trades 0.00 3.73 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 4,955,385.11 195,028.76 (125,580.84) (8,345.54) $5,016,487.49 CAMP Managed Account Unsettled Trades 0.00 2,341.36 Cash Dividends and Income October 31, 2015 September 30, 2015 Asset Summary CAMP Pool 2,453.03 71,367.48 CAMP Managed Account 5,016,487.49 4,955,385.11 $5,018,940.52 $5,026,752.59 Total Asset Allocation 0.05% CAMP Pool 99.95% CAMP Managed Account Page 1 For the Month Ending October 31, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $71,367.48 126,770.98 (195,685.43) $2,453.03 3.73 $4,955,385.11 0.00 (125,580.84) 195,028.76 0.00 (8,345.54) $5,016,487.49 $5,026,752.59 $5,018,940.52 2,280.16 (260.56) 321.76 $2,341.36 0.00 126,078.71 1,782.29 0.00 (195,289.32) 67,428.32 0.00 Managed Account Total 5,004,927.13 5,007,380.16 14,287.57 126,078.71 0.00 1,782.29 (195,289.32) (4,935,047.55) (11,217.25) 0.00 14,287.57 321,764.14 0.00 1,782.29 (322,060.30) (5,006,415.03) (11,217.25) 3.73 Total Accrual Basis Earnings $5,521.58 $5,525.31 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending October 31, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 2,345,000.00 2,349,843.62 46.82 Municipal Bond / Note 30,000.00 30,091.20 0.60 Federal Agency Collateralized Mortgage Obligation 70,000.00 70,613.52 1.41 Federal Agency Bond / Note 940,000.00 942,619.23 18.78 Corporate Note 1,420,000.00 1,423,342.42 28.36 Certificate of Deposit 200,000.00 199,977.50 3.98 Managed Account Sub-Total 5,005,000.00 5,016,487.49 99.95% Accrued Interest 14,287.57 Total Portfolio 5,005,000.00 5,030,775.06 CAMP Pool 2,453.03 2,453.03 0.05 Total Investments 5,007,453.03 5,033,228.09 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 3.98% Cert of Deposit 28.36% Corporate Note 1.41% Fed Agency CMO 18.78% Fed Agy Bond / Note 0.05% Mny Mkt Fund 0.60% Muni Bond / Note 46.82% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 0.05% 4.69% 36.21% 24.10%23.56% 11.39% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.44 921 1.21% 1.09% Page 3 For the Month Ending October 31, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Credit Quality (S&P Ratings) 4.21% A 10.97% A+ 2.00% A-1+ 5.70% AA 68.10% AA+ 7.98% AA- 0.99% AAA 0.05% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 100,288.10 2.00 AMERICAN HONDA FINANCE 54,843.20 1.09 APPLE INC 149,765.25 2.98 BANK OF NEW YORK CO INC 2,453.03 0.05 CAMP Pool 255,916.15 5.10 CHEVRON CORP 101,414.90 2.02 CISCO SYSTEMS INC 99,460.90 1.98 COLGATE-PALMOLIVE COMPANY 551,859.59 11.00 FANNIE MAE 135,080.73 2.69 FEDERAL HOME LOAN BANKS 326,292.43 6.50 FREDDIE MAC 100,141.00 2.00 HSBC HOLDINGS PLC 99,914.90 1.99 IBM CORP 100,832.20 2.01 JP MORGAN CHASE & CO 49,776.05 0.99 MICROSOFT CORP 99,836.50 1.99 NORDEA BANK AB 30,091.20 0.60 STATE OF CONNECTICUT 110,547.91 2.20 THE WALT DISNEY CORPORATION 2,349,843.62 46.82 UNITED STATES TREASURY 126,076.88 2.51 US BANCORP 174,505.98 3.48 WELLS FARGO & COMPANY $5,018,940.52 Total 100.00% Page 4 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 75,324.23 74,967.68 221.13 74,865.23 01/26/1201/23/12AaaAA+ 75,000.00 912828RX0 0.91 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 276,564.75 276,032.07 240.44 277,234.38 03/03/1402/27/14AaaAA+ 275,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 301,707.00 300,325.04 262.30 300,691.41 03/21/1403/19/14AaaAA+ 300,000.00 912828SM3 0.92 US TREASURY NOTES DTD 04/30/2012 0.875% 04/30/2017 250,934.25 250,926.06 6.01 251,376.95 02/05/1502/04/15AaaAA+ 250,000.00 912828SS0 0.63 US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 99,781.20 99,771.02 54.64 99,417.97 10/31/1210/26/12AaaAA+ 100,000.00 912828TS9 0.75 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 149,464.80 148,302.11 394.47 147,117.19 05/09/1405/06/14AaaAA+ 150,000.00 912828UA6 1.18 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 101,052.10 101,228.26 347.49 101,554.69 02/04/1502/02/15AaaAA+ 100,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 95,487.35 94,540.19 499.66 94,335.74 06/03/1406/02/14AaaAA+ 95,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 176,982.40 174,407.21 663.38 174,186.52 07/31/1407/29/14AaaAA+ 175,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 25,356.13 25,020.67 35.52 25,027.34 09/04/1409/02/14AaaAA+ 25,000.00 912828C65 1.60 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 74,027.33 74,133.41 65.57 74,024.41 04/30/1504/28/15AaaAA+ 75,000.00 912828TR1 1.30 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 172,730.43 172,206.61 153.01 171,739.26 02/27/1502/26/15AaaAA+ 175,000.00 912828TR1 1.42 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 253,925.75 253,376.44 382.51 253,876.95 03/27/1503/26/15AaaAA+ 250,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 147,722.70 147,371.53 631.15 147,105.47 05/29/1505/28/15AaaAA+ 150,000.00 912828UB4 1.44 Page 5 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 148,783.20 149,584.12 319.37 149,578.13 10/09/1510/08/15AaaAA+ 150,000.00 912828UQ1 1.32 4,276.65 2,349,843.62 2,342,192.42 1.11 2,342,131.64 2,345,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,091.20 30,071.90 75.67 30,084.30 03/25/1503/16/15Aa3AA 30,000.00 20772JZK1 1.90 75.67 30,091.20 30,071.90 1.90 30,084.30 30,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 25,162.89 25,200.19 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 45,450.63 45,450.32 61.73 45,450.63 10/30/1510/07/15AaaAA+ 45,000.00 3136AQDQ0 1.08 94.02 70,613.52 70,650.51 0.99 70,700.54 70,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 135,080.73 134,870.66 61.88 134,696.25 08/07/1408/06/14AaaAA+ 135,000.00 3130A2T97 0.61 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 30,144.42 30,016.65 101.67 30,028.62 08/13/1408/11/14AaaAA+ 30,000.00 3137EADH9 0.97 FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 120,577.68 120,081.65 406.67 120,140.40 08/13/1408/11/14AaaAA+ 120,000.00 3137EADH9 0.96 FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 175,570.33 175,724.65 155.56 176,867.25 10/05/1210/04/12AaaAA+ 175,000.00 3137EADL0 0.78 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 150,219.30 149,403.18 18.23 148,840.50 12/03/1311/27/13AaaAA+ 150,000.00 3135G0PQ0 1.08 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 99,710.00 99,210.27 388.89 98,485.00 05/31/1305/24/13AaaAA+ 100,000.00 3135G0WJ8 1.19 Page 6 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 124,637.50 124,452.39 486.11 123,943.75 05/24/1305/22/13AaaAA+ 125,000.00 3135G0WJ8 1.05 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 106,679.27 105,754.01 729.90 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 2,348.91 942,619.23 939,513.46 0.98 938,999.27 940,000.00 Security Type Sub-Total Corporate Note WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 110,547.91 109,889.23 261.25 109,606.20 06/14/1206/11/12A2A 110,000.00 25468PCS3 1.20 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 126,076.88 125,841.76 951.04 127,670.00 07/30/1207/25/12A1A+ 125,000.00 91159HHD5 1.19 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 75,037.95 75,168.42 335.80 75,405.75 12/05/1211/29/12Aa1AA 75,000.00 166764AA8 0.99 CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 100,050.60 100,000.00 447.73 100,000.00 12/05/1211/28/12Aa1AA 100,000.00 166764AA8 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 99,914.90 99,788.35 288.19 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 149,765.25 149,979.22 309.38 149,956.50 03/06/1303/04/13A1A+ 150,000.00 06406HCJ6 1.36 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 49,776.05 49,984.04 250.00 49,968.50 05/02/1304/25/13AaaAAA 50,000.00 594918AS3 1.01 COLGATE-PALMOLIVE CO NOTES DTD 05/02/2013 0.900% 05/01/2018 99,460.90 99,758.40 450.00 99,523.00 05/02/1304/29/13Aa3AA- 100,000.00 19416QEB2 1.00 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,843.20 54,896.94 271.94 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,827.60 80,000.00 484.86 80,000.00 06/24/1306/17/13Aa1AA 80,000.00 166764AE0 1.72 Page 7 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,707.45 50,356.32 177.08 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,707.45 50,448.80 177.08 50,469.50 09/04/1509/01/15A1AA- 50,000.00 17275RAR3 1.85 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 100,288.10 99,855.54 475.00 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 174,505.98 176,049.45 951.08 176,223.25 02/05/1502/02/15A2A+ 175,000.00 94974BGF1 2.00 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 100,832.20 100,482.37 977.78 100,497.00 09/04/1509/01/15A3A 100,000.00 46625HLW8 2.64 6,808.21 1,423,342.42 1,422,498.84 1.54 1,423,948.75 1,420,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 100,141.00 100,000.00 185.78 100,000.00 02/13/1502/11/15P-1A-1+ 100,000.00 40428AC54 0.88 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 99,836.50 100,000.00 498.33 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 684.11 199,977.50 200,000.00 1.02 200,000.00 200,000.00 Security Type Sub-Total 5,005,000.00 5,005,864.50 1.21 14,287.57 5,004,927.13 5,016,487.49 Managed Account Sub-Total Money Market Fund CAMP Pool 2,453.03 2,453.03 0.00 2,453.03 NRAAAm 2,453.03 2,453.03 2,453.03 0.00 2,453.03 2,453.03 Money Market Sub-Total Page 8 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS $5,007,453.03 $5,008,317.53 $14,287.57 $5,007,380.16 $5,018,940.52 1.21% $5,033,228.09 $14,287.57 Total Investments Accrued Interest Securities Sub-Total Page 9 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.16 356.55 459.00 75,324.23 100.43 DEUTSCHE 75,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.50 1.16 1.40 532.68 (669.63) 276,564.75 100.57 MERRILL 275,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.60 1.40 1.40 1,381.96 1,015.59 301,707.00 100.57 MORGANST 300,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.60 1.40 1.49 8.19 (442.70) 250,934.25 100.37 CITIGRP 250,000.00 912828SS0US TREASURY NOTES DTD 04/30/2012 0.875% 04/30/2017 0.62 1.49 1.90 10.18 363.23 99,781.20 99.78 CITIGRP 100,000.00 912828TS9US TREASURY NOTES DTD 10/01/2012 0.625% 09/30/2017 0.74 1.90 2.06 1,162.69 2,347.61 149,464.80 99.64 MERRILL 150,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.80 2.06 2.69 (176.16)(502.59) 101,052.10 101.05 BARCLAYS 100,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 0.99 2.69 3.00 947.16 1,151.61 95,487.35 100.51 CITIGRP 95,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.08 3.00 3.16 2,575.19 2,795.88 176,982.40 101.13 BARCLAYS 175,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.14 3.16 3.31 335.46 328.79 25,356.13 101.42 CITIGRP 25,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.20 3.31 3.82 (106.08) 2.92 74,027.33 98.70 MERRILL 75,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.34 3.82 3.82 523.82 991.17 172,730.43 98.70 JPMCHASE 175,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.34 3.82 3.77 549.31 48.80 253,925.75 101.57 JPMCHASE 250,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.34 3.77 3.97 351.17 617.23 147,722.70 98.48 CITIGRP 150,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.38 3.97 4.19 (800.92)(794.93) 148,783.20 99.19 MORGANST 150,000.00 912828UQ1US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 1.44 4.19 7,711.98 0.96 2.59 7,651.20 2,349,843.62 2,345,000.00 Security Type Sub-Total 2.59 Municipal Bond / Note Page 10 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Municipal Bond / Note 3.24 19.30 6.90 30,091.20 100.30 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.88 3.24 6.90 1.88 3.24 19.30 30,091.20 30,000.00 Security Type Sub-Total 3.24 Federal Agency Collateralized Mortgage Obligation 2.21 (37.30)(87.02) 25,162.89 100.65 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.21 2.25 3.56 0.31 0.00 45,450.63 101.00 MORGANST 45,000.00 3136AQDQ0FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 1.34 2.86 (87.02) 1.29 3.08 (36.99) 70,613.52 70,000.00 Security Type Sub-Total 2.64 Federal Agency Bond / Note 0.91 210.07 384.48 135,080.73 100.06 MORGANST 135,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.43 0.91 1.64 127.77 115.80 30,144.42 100.48 JPMCHASE 30,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.71 1.64 1.64 496.03 437.28 120,577.68 100.48 BNP PARI 120,000.00 3137EADH9FREDDIE MAC GLOBAL NOTES DTD 05/14/2012 1.000% 06/29/2017 0.71 1.64 1.89 (154.32)(1,296.92) 175,570.33 100.33 JEFFERIE 175,000.00 3137EADL0FREDDIE MAC GLOBAL NOTES DTD 08/10/2012 1.000% 09/29/2017 0.83 1.89 1.97 816.12 1,378.80 150,219.30 100.15 SOC GEN 150,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.80 1.97 2.51 499.73 1,225.00 99,710.00 99.71 CSFB 100,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.99 2.51 2.51 185.11 693.75 124,637.50 99.71 BNP PARI 125,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.99 2.51 2.97 925.26 681.77 106,679.27 101.60 GOLDMAN 105,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.09 2.97 3,619.96 0.82 1.99 3,105.77 942,619.23 940,000.00 Security Type Sub-Total 1.99 Corporate Note Page 11 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration Corporate Note 1.28 658.68 941.71 110,547.91 100.50 BARCLAYS 110,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.74 1.28 1.43 235.12 (1,593.12) 126,076.88 100.86 04/15/17BARCLAYS 125,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.08 2.42 1.98 (130.47)(367.80) 75,037.95 100.05 11/05/17BARCLAYS 75,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.08 2.20 1.98 50.60 50.60 100,050.60 100.05 11/05/17MORGANST 100,000.00 166764AA8CHEVRON CORP (CALLABLE) GLOBAL NOTES DTD 12/05/2012 1.104% 12/05/2017 1.08 2.20 2.22 126.55 372.90 99,914.90 99.91 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.29 2.22 2.30 (213.97)(191.25) 149,765.25 99.84 GOLDMAN 150,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.42 3.23 2.45 (207.99)(192.45) 49,776.05 99.55 MERRILL 50,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.18 2.45 2.45 (297.50)(62.10) 99,460.90 99.46 CITIGRP 100,000.00 19416QEB2COLGATE-PALMOLIVE CO NOTES DTD 05/02/2013 0.900% 05/01/2018 1.12 2.45 2.45 (53.74) 46.15 54,843.20 99.71 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.12 2.45 2.57 827.60 827.60 80,827.60 101.03 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.32 2.57 3.20 351.13 232.45 50,707.45 101.41 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 3.20 3.20 258.65 237.95 50,707.45 101.41 BNP PARI 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 3.20 3.60 432.56 473.10 100,288.10 100.29 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.17 3.60 4.02 (1,543.47)(1,717.27) 174,505.98 99.72 JEFFERIE 175,000.00 94974BGF1WELLS FARGO & CO DTD 02/02/2015 2.150% 01/30/2020 2.22 4.02 4.22 349.83 335.20 100,832.20 100.83 05/23/20JPMCHASE 100,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.56 4.22 Page 12 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Security Type/Description Next Call Market YTMEffective Duration (606.33) 1.49 2.64 843.58 1,423,342.42 1,420,000.00 Security Type Sub-Total 2.85 Certificate of Deposit 0.79 141.00 141.00 100,141.00 100.14 HSBC 100,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.70 0.79 1.56 (163.50)(163.50) 99,836.50 99.84 MERRILL 100,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 0.95 1.56 (22.50) 0.82 1.18 (22.50) 199,977.50 200,000.00 Security Type Sub-Total 1.18 5,005,000.00 5,016,487.49 10,622.99 11,560.36 2.44 1.09 Managed Account Sub-Total 2.50 Money Market Fund 0.00 0.00 0.00 2,453.03 1.00 2,453.03 CAMP Pool 0.00 2,453.03 2,453.03 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,033,228.09 $14,287.57 $5,018,940.52 Accrued Interest Securities Sub-Total $5,007,453.03 $10,622.99 $11,560.36 2.44 1.09% 2.50 Page 13 For the Month Ending October 31, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method BUY 10/30/15 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 (45,450.63)(59.67)(45,510.30) 45,000.00 10/07/15 10/09/15 US TREASURY NOTES DTD 02/28/2013 1.250% 02/29/2020 912828UQ1 (149,578.13)(200.89)(149,779.02) 150,000.00 10/08/15 (260.56) (195,289.32)(195,028.76) 195,000.00 Transaction Type Sub-Total INTEREST 10/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 10/01/15 10/26/15 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 3135G0PQ0 0.00 656.25 656.25 150,000.00 10/26/15 10/31/15 US TREASURY NOTES DTD 04/30/2012 0.875% 04/30/2017 912828SS0 0.00 1,093.75 1,093.75 250,000.00 10/31/15 1,782.29 1,782.29 0.00 425,000.00 Transaction Type Sub-Total SELL 10/09/15 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 3137EADS5 100,449.00 425.35 100,874.35 145.00 346.51 SPEC LOT 100,000.00 10/08/15 10/30/15 US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 912828RX0 25,131.84 72.52 25,204.36 176.76 142.66 SPEC LOT 25,000.00 10/26/15 497.87 489.17 321.76 126,078.71 125,580.84 125,000.00 Transaction Type Sub-Total (69,447.92) 2,019.60 (67,428.32) 321.76 489.17 Managed Account Sub-Total Total Security Transactions $321.76 ($67,428.32)$2,019.60 ($69,447.92)$489.17 Page 14 For the Month Ending October 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 71,367.48 Opening Balance 10/09/15 10/09/15 Purchase - Individual Portfolio Interest 1.00 425.35 71,792.83 10/09/15 10/09/15 Purchase - Individual Portfolio Sell 1.00 100,304.00 172,096.83 10/09/15 10/09/15 Purchase - Individual Portfolio Gain on Cost 1.00 145.00 172,241.83 10/09/15 10/09/15 Redemption - Individual Portfolio Buy 1.00 (149,779.02) 22,462.81 10/23/15 10/23/15 IP Fees September 2015 1.00 (377.38) 22,085.43 10/23/15 10/23/15 U.S. Bank Fees August 2015 1.00 (18.73) 22,066.70 10/26/15 10/26/15 Purchase - Individual Portfolio Interest 1.00 32.29 22,098.99 10/26/15 10/26/15 Purchase - Individual Portfolio Interest 1.00 656.25 22,755.24 10/30/15 10/30/15 Purchase - Individual Portfolio Interest 1.00 72.52 22,827.76 10/30/15 10/30/15 Purchase - Individual Portfolio Sell 1.00 24,955.08 47,782.84 10/30/15 10/30/15 Purchase - Individual Portfolio Gain on Cost 1.00 176.76 47,959.60 10/30/15 10/30/15 Redemption - Individual Portfolio Buy 1.00 (45,510.30) 2,449.30 10/30/15 11/02/15 Accrual Income Div Reinvestment - Distributions 1.00 3.73 2,453.03 Page 15 For the Month Ending October 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE - HOUSING FUNDS Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate 2,453.03 2,453.03 2,453.03 33,791.82 24.40 0.00 (1,814,094.99) 1,782,390.20 34,157.82 3.73 2,453.03 0.00 (195,685.43) 126,770.98 71,367.48 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance October January-October 0.14% Page 16 Successor Agency CAMP Account For the Month Ending October 31, 2015Account Statement - Transaction Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Opening Market Value Purchases Redemptions Change in Value Closing Market Value 104,086.83 1,465.93 (45,918.92) 0.00 $59,633.84 CAMP Pool Unsettled Trades 0.00 11.76 Cash Dividends and Income Opening Market Value Purchases Redemptions Change in Value Closing Market Value 5,122,395.55 45,450.63 0.00 (9,953.19) $5,157,892.99 CAMP Managed Account Unsettled Trades 0.00 1,894.50 Cash Dividends and Income October 31, 2015 September 30, 2015 Asset Summary CAMP Pool 59,633.84 104,086.83 CAMP Managed Account 5,157,892.99 5,122,395.55 $5,217,526.83 $5,226,482.38 Total Asset Allocation 1.14% CAMP Pool 98.86% CAMP Managed Account Page 1 For the Month Ending October 31, 2015Managed Account Summary Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dividend Closing Market Value Redemptions Purchases Opening Market Value Closing Market Value Change in Current Value Unsettled Trades Principal Acquisitions Principal Dispositions Maturities/Calls Opening Market Value Closing Market Value Opening Market Value Account Total Total Cash Basis Earnings Plus Net Realized Gains/Losses Less Purchased Interest Related to Interest/Coupons Interest/Dividends/Coupons Received Earnings Reconciliation (Cash Basis) - Managed Account Dividends Less Beginning Accrued Interest Less Beginning Amortized Value of Securities Less Cost of New Purchases Plus Coupons/Dividends Received Plus Proceeds of Maturities/Calls/Principal Payments Plus Proceeds from Sales Ending Accrued Interest Ending Amortized Value of Securities Earnings Reconciliation (Accrual Basis) Reconciling Transactions Net Cash Contribution Security Purchases Principal Payments Coupon/Interest/Dividend Income Sale Proceeds Maturities/Calls Cash Transactions Summary- Managed Account $104,086.83 1,465.93 (45,918.92) $59,633.84 11.76 $5,122,395.55 0.00 0.00 45,450.63 0.00 (9,953.19) $5,157,892.99 $5,226,482.38 $5,217,526.83 1,954.17 (59.67) 0.00 $1,894.50 0.00 0.00 1,954.17 0.00 (45,510.30) 43,556.13 0.00 Managed Account Total 5,134,023.71 5,193,657.55 17,053.72 0.00 0.00 1,954.17 (45,510.30) (5,088,597.02) (13,489.59) 0.00 17,053.72 45,918.92 0.00 1,954.17 (46,976.23) (5,192,683.85) (13,489.59) 11.76 Total Accrual Basis Earnings $5,434.69 $5,446.45 Transaction Summary - Managed AccountTransaction Summary - Money Market _______________________________________________ _______________________________________________ _____________________________________________________ Cash Balance $0.00 Closing Cash Balance Page 2 For the Month Ending October 31, 2015Portfolio Summary and Statistics CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Account Summary Percent Par Value Market ValueDescription U.S. Treasury Bond / Note 2,333,000.00 2,344,172.76 44.94 Municipal Bond / Note 30,000.00 30,091.20 0.58 Federal Agency Collateralized Mortgage Obligation 70,000.00 70,613.52 1.35 Federal Agency Bond / Note 1,165,000.00 1,171,474.93 22.45 Corporate Note 1,335,000.00 1,341,563.08 25.71 Certificate of Deposit 200,000.00 199,977.50 3.83 Managed Account Sub-Total 5,133,000.00 5,157,892.99 98.86% Accrued Interest 17,053.72 Total Portfolio 5,133,000.00 5,174,946.71 CAMP Pool 59,633.84 59,633.84 1.14 Total Investments 5,192,633.84 5,234,580.55 100.00% Unsettled Trades 0.00 0.00 Sector Allocation 3.83% Cert of Deposit 25.71% Corporate Note 1.35% Fed Agency CMO 22.45% Fed Agy Bond / Note 1.14% Mny Mkt Fund 0.58% Muni Bond / Note 44.94% US TSY Bond / Note 0 - 6 Months 6 - 12 Months 1 - 2 Years 2 - 3 Years 3 - 4 Years 4 - 5 Years Over 5 Years 1.14% 6.43% 35.87% 16.97% 33.88% 5.71% 0.00% Maturity Distribution Characteristics Yield to Maturity at Cost Yield to Maturity at Market Duration to Worst Weighted Average Days to Maturity 2.40 906 1.25% 1.05% Page 3 For the Month Ending October 31, 2015Managed Account Issuer Summary CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Credit Quality (S&P Ratings) 6.75% A 9.15% A+ 1.92% A-1+ 2.13% AA 69.78% AA+ 8.18% AA- 0.95% AAA 1.14% AAAm Issuer Summary Percentof HoldingsIssuer Market Value 125,462.75 2.40 3M COMPANY 100,288.10 1.92 AMERICAN HONDA FINANCE 54,843.20 1.05 APPLE INC 124,804.38 2.39 BANK OF NEW YORK CO INC 59,633.84 1.14 CAMP Pool 80,827.60 1.55 CHEVRON CORP 101,414.90 1.94 CISCO SYSTEMS INC 854,187.67 16.38 FANNIE MAE 135,080.73 2.59 FEDERAL HOME LOAN BANKS 252,820.05 4.85 FREDDIE MAC 100,141.00 1.92 HSBC HOLDINGS PLC 99,914.90 1.91 IBM CORP 100,832.20 1.93 JP MORGAN CHASE & CO 49,776.05 0.95 MICROSOFT CORP 99,836.50 1.91 NORDEA BANK AB 30,091.20 0.58 STATE OF CONNECTICUT 251,245.25 4.82 THE WALT DISNEY CORPORATION 2,344,172.76 44.94 UNITED STATES TREASURY 252,153.75 4.83 US BANCORP $5,217,526.83 Total 100.00% Page 4 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 10/31/2011 1.000% 10/31/2016 100,533.90 100,518.54 2.75 100,601.56 09/03/1509/02/15AaaAA+ 100,000.00 912828RM4 0.48 US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 188,812.72 187,918.98 554.29 187,662.18 01/26/1201/23/12AaaAA+ 188,000.00 912828RX0 0.91 US TREASURY NOTES DTD 02/29/2012 0.875% 02/28/2017 100,423.20 99,915.89 149.04 99,691.41 03/15/1203/13/12AaaAA+ 100,000.00 912828SJ0 0.94 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 175,995.75 175,656.77 153.01 176,421.88 03/03/1402/27/14AaaAA+ 175,000.00 912828SM3 0.73 US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 251,422.50 250,270.87 218.58 250,576.17 03/21/1403/19/14AaaAA+ 250,000.00 912828SM3 0.92 US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 124,554.00 123,585.09 328.72 122,597.66 05/09/1405/06/14AaaAA+ 125,000.00 912828UA6 1.18 US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 101,052.10 101,228.26 347.49 101,554.69 02/04/1502/02/15AaaAA+ 100,000.00 912828VQ0 0.92 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 20,102.60 19,852.07 105.19 19,790.63 07/07/1407/01/14AaaAA+ 20,000.00 912828A34 1.50 US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 75,384.75 74,636.99 394.47 74,475.59 06/03/1406/02/14AaaAA+ 75,000.00 912828A34 1.41 US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 176,982.40 174,407.21 663.38 174,186.52 07/31/1407/29/14AaaAA+ 175,000.00 912828B33 1.61 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 25,356.13 25,020.67 35.52 25,027.34 09/04/1409/02/14AaaAA+ 25,000.00 912828C65 1.60 US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 101,424.50 100,120.00 142.08 100,156.25 10/06/1410/02/14AaaAA+ 100,000.00 912828C65 1.59 US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 106,494.80 105,572.08 1,443.61 107,085.94 11/03/1410/30/14AaaAA+ 100,000.00 912828KQ2 1.50 US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 148,054.65 148,266.83 131.15 148,048.83 04/30/1504/28/15AaaAA+ 150,000.00 912828TR1 1.30 Page 5 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par U.S. Treasury Bond / Note US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 222,081.98 221,408.50 196.72 220,807.62 02/27/1502/26/15AaaAA+ 225,000.00 912828TR1 1.42 US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 228,533.18 228,038.80 344.26 228,489.26 03/27/1503/26/15AaaAA+ 225,000.00 912828F39 1.39 US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 196,963.60 196,495.38 841.53 196,140.63 05/29/1505/28/15AaaAA+ 200,000.00 912828UB4 1.44 6,051.79 2,344,172.76 2,332,912.93 1.20 2,333,314.16 2,333,000.00 Security Type Sub-Total Municipal Bond / Note CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 30,091.20 30,071.90 75.67 30,084.30 03/25/1503/16/15Aa3AA 30,000.00 20772JZK1 1.90 75.67 30,091.20 30,071.90 1.90 30,084.30 30,000.00 Security Type Sub-Total Federal Agency Collateralized Mortgage Obligation FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 25,162.89 25,200.19 32.29 25,249.91 04/30/1504/15/15AaaAA+ 25,000.00 3136ANJY4 0.83 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 45,450.63 45,450.32 61.73 45,450.63 10/30/1510/07/15AaaAA+ 45,000.00 3136AQDQ0 1.08 94.02 70,613.52 70,650.51 0.99 70,700.54 70,000.00 Security Type Sub-Total Federal Agency Bond / Note FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 135,080.73 134,870.66 61.88 134,696.25 08/07/1408/06/14AaaAA+ 135,000.00 3130A2T97 0.61 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 100,361.40 100,096.33 41.32 100,304.00 10/03/1310/01/13AaaAA+ 100,000.00 3137EADS5 0.77 FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 100,219.30 100,092.32 153.13 100,248.00 09/10/1209/06/12AaaAA+ 100,000.00 3135G0MZ3 0.82 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 225,328.95 224,104.77 27.34 223,260.75 12/03/1311/27/13AaaAA+ 225,000.00 3135G0PQ0 1.08 Page 6 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Federal Agency Bond / Note FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 74,782.50 74,407.70 291.67 73,863.75 05/31/1305/24/13AaaAA+ 75,000.00 3135G0WJ8 1.19 FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 149,565.00 149,342.86 583.33 148,732.50 05/24/1305/22/13AaaAA+ 150,000.00 3135G0WJ8 1.05 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 106,679.27 105,754.01 729.90 105,997.50 10/23/1410/22/14AaaAA+ 105,000.00 3135G0YT4 1.39 FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 126,999.13 125,002.93 868.92 125,003.75 06/19/1406/16/14AaaAA+ 125,000.00 3135G0YT4 1.62 FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 152,458.65 151,367.43 1,101.04 151,704.00 12/03/1412/01/14AaaAA+ 150,000.00 3137EADG1 1.49 3,858.53 1,171,474.93 1,165,039.01 1.12 1,163,810.50 1,165,000.00 Security Type Sub-Total Corporate Note WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 251,245.25 249,748.26 593.75 249,105.00 06/14/1206/11/12A2A 250,000.00 25468PCS3 1.20 US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 252,153.75 250,000.00 1,902.08 255,340.00 07/30/1207/25/12A1A+ 250,000.00 91159HHD5 1.19 3M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 125,462.75 124,806.06 434.03 124,423.75 06/26/1206/21/12Aa3AA- 125,000.00 88579YAE1 1.10 IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 99,914.90 99,788.35 288.19 99,542.00 02/08/1302/05/13Aa3AA- 100,000.00 459200HK0 1.35 BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 124,804.38 124,982.68 257.81 124,963.75 03/06/1303/04/13A1A+ 125,000.00 06406HCJ6 1.36 MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 49,776.05 49,984.04 250.00 49,968.50 05/02/1304/25/13AaaAAA 50,000.00 594918AS3 1.01 APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 54,843.20 54,896.94 271.94 54,797.05 05/03/1304/30/13Aa1AA+ 55,000.00 037833AJ9 1.08 Page 7 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Dated Date/Coupon/Maturity CUSIP Rating Rating Date Date Cost at Cost Interest Cost Value Security Type/Description S&P Moody's Original YTM Accrued Amortized MarketTrade Settle Par Corporate Note CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 80,827.60 80,000.00 484.86 80,000.00 06/24/1306/17/13Aa1AA 80,000.00 166764AE0 1.72 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,707.45 50,356.32 177.08 50,475.00 09/04/1408/29/14A1AA- 50,000.00 17275RAR3 1.90 CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 50,707.45 50,448.80 177.08 50,469.50 09/04/1509/01/15A1AA- 50,000.00 17275RAR3 1.85 AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 100,288.10 99,855.54 475.00 99,815.00 09/09/1409/04/14A1A+ 100,000.00 02665WAH4 2.29 JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 100,832.20 100,482.37 977.78 100,497.00 09/04/1509/01/15A3A 100,000.00 46625HLW8 2.64 6,289.60 1,341,563.08 1,335,349.36 1.47 1,339,396.55 1,335,000.00 Security Type Sub-Total Certificate of Deposit HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 100,141.00 100,000.00 185.78 100,000.00 02/13/1502/11/15P-1A-1+ 100,000.00 40428AC54 0.88 NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 99,836.50 100,000.00 498.33 100,000.00 05/29/1505/27/15Aa3AA- 100,000.00 65558LFA5 1.15 684.11 199,977.50 200,000.00 1.02 200,000.00 200,000.00 Security Type Sub-Total 5,133,000.00 5,137,306.05 1.25 17,053.72 5,134,023.71 5,157,892.99 Managed Account Sub-Total Money Market Fund CAMP Pool 59,633.84 59,633.84 0.00 59,633.84 NRAAAm 59,633.84 59,633.84 59,633.84 0.00 59,633.84 59,633.84 Money Market Sub-Total Page 8 For the Month Ending October 31, 2015Managed Account Detail of Securities Held CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY $5,192,633.84 $5,196,939.89 $17,053.72 $5,193,657.55 $5,217,526.83 1.25% $5,234,580.55 $17,053.72 Total Investments Accrued Interest Securities Sub-Total Page 9 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration U.S. Treasury Bond / Note 1.00 15.36 (67.66) 100,533.90 100.53 BARCLAYS 100,000.00 912828RM4US TREASURY NOTES DTD 10/31/2011 1.000% 10/31/2016 0.46 1.00 1.16 893.74 1,150.54 188,812.72 100.43 DEUTSCHE 188,000.00 912828RX0US TREASURY NOTES DTD 01/03/2012 0.875% 12/31/2016 0.50 1.16 1.32 507.31 731.79 100,423.20 100.42 BARCLAYS 100,000.00 912828SJ0US TREASURY NOTES DTD 02/29/2012 0.875% 02/28/2017 0.56 1.32 1.40 338.98 (426.13) 175,995.75 100.57 MERRILL 175,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.60 1.40 1.40 1,151.63 846.33 251,422.50 100.57 MORGANST 250,000.00 912828SM3US TREASURY NOTES DTD 03/31/2012 1.000% 03/31/2017 0.60 1.40 2.06 968.91 1,956.34 124,554.00 99.64 MERRILL 125,000.00 912828UA6US TREASURY NOTES DTD 11/30/2012 0.625% 11/30/2017 0.80 2.06 2.69 (176.16)(502.59) 101,052.10 101.05 BARCLAYS 100,000.00 912828VQ0US TREASURY NOTES DTD 07/31/2013 1.375% 07/31/2018 0.99 2.69 3.00 250.53 311.97 20,102.60 100.51 MERRILL 20,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.08 3.00 3.00 747.76 909.16 75,384.75 100.51 CITIGRP 75,000.00 912828A34US TREASURY NOTES DTD 12/02/2013 1.250% 11/30/2018 1.08 3.00 3.16 2,575.19 2,795.88 176,982.40 101.13 BARCLAYS 175,000.00 912828B33US TREASURY NOTES DTD 01/31/2014 1.500% 01/31/2019 1.14 3.16 3.31 335.46 328.79 25,356.13 101.42 CITIGRP 25,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.20 3.31 3.31 1,304.50 1,268.25 101,424.50 101.42 MERRILL 100,000.00 912828C65US TREASURY NOTES DTD 03/31/2014 1.625% 03/31/2019 1.20 3.31 3.32 922.72 (591.14) 106,494.80 106.49 MERRILL 100,000.00 912828KQ2US TREASURY NOTES DTD 05/15/2009 3.125% 05/15/2019 1.24 3.32 3.82 (212.18) 5.82 148,054.65 98.70 MERRILL 150,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.34 3.82 3.82 673.48 1,274.36 222,081.98 98.70 JPMCHASE 225,000.00 912828TR1US TREASURY NOTES DTD 10/01/2012 1.000% 09/30/2019 1.34 3.82 3.77 494.38 43.92 228,533.18 101.57 JPMCHASE 225,000.00 912828F39US TREASURY NOTES DTD 09/30/2014 1.750% 09/30/2019 1.34 3.77 3.97 468.22 822.97 196,963.60 98.48 CITIGRP 200,000.00 912828UB4US TREASURY NOTES DTD 11/30/2012 1.000% 11/30/2019 1.38 3.97 Page 10 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration 10,858.60 0.99 2.67 11,259.83 2,344,172.76 2,333,000.00 Security Type Sub-Total 2.67 Municipal Bond / Note 3.24 19.30 6.90 30,091.20 100.30 VINING 30,000.00 20772JZK1CT ST TXBL GO BONDS DTD 03/25/2015 1.974% 03/15/2019 1.88 3.24 6.90 1.88 3.24 19.30 30,091.20 30,000.00 Security Type Sub-Total 3.24 Federal Agency Collateralized Mortgage Obligation 2.21 (37.30)(87.02) 25,162.89 100.65 GOLDMAN 25,000.00 3136ANJY4FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 1.21 2.25 3.56 0.31 0.00 45,450.63 101.00 MORGANST 45,000.00 3136AQDQ0FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 1.34 2.86 (87.02) 1.29 3.08 (36.99) 70,613.52 70,000.00 Security Type Sub-Total 2.64 Federal Agency Bond / Note 0.91 210.07 384.48 135,080.73 100.06 MORGANST 135,000.00 3130A2T97FHLB NOTES DTD 08/07/2014 0.500% 09/28/2016 0.43 0.91 0.95 265.07 57.40 100,361.40 100.36 NOMURA 100,000.00 3137EADS5FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 0.49 0.95 1.81 126.98 (28.70) 100,219.30 100.22 HSBC 100,000.00 3135G0MZ3FANNIE MAE GLOBAL NOTES DTD 07/20/2012 0.875% 08/28/2017 0.75 1.81 1.97 1,224.18 2,068.20 225,328.95 100.15 SOC GEN 225,000.00 3135G0PQ0FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 0.80 1.97 2.51 374.80 918.75 74,782.50 99.71 CSFB 75,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.99 2.51 2.51 222.14 832.50 149,565.00 99.71 BNP PARI 150,000.00 3135G0WJ8FANNIE MAE GLOBAL NOTES DTD 04/15/2013 0.875% 05/21/2018 0.99 2.51 2.97 925.26 681.77 106,679.27 101.60 GOLDMAN 105,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.09 2.97 2.97 1,996.20 1,995.38 126,999.13 101.60 HSBC 125,000.00 3135G0YT4FANNIE MAE GLOBAL NOTES DTD 10/01/2013 1.625% 11/27/2018 1.09 2.97 3.44 1,091.22 754.65 152,458.65 101.64 TD SEC U 150,000.00 3137EADG1FREDDIE MAC NOTES DTD 04/16/2012 1.750% 05/30/2019 1.28 3.44 Page 11 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration 7,664.43 0.89 2.24 6,435.92 1,171,474.93 1,165,000.00 Security Type Sub-Total 2.24 Corporate Note 1.28 1,496.99 2,140.25 251,245.25 100.50 BARCLAYS 250,000.00 25468PCS3WALT DISNEY CO CORPORATE NOTE DTD 02/14/2012 1.125% 02/15/2017 0.74 1.28 1.43 2,153.75 (3,186.25) 252,153.75 100.86 04/15/17BARCLAYS 250,000.00 91159HHD5US BANCORP (CALLABLE) DTD 05/08/2012 1.650% 05/15/2017 1.08 2.42 1.63 656.69 1,039.00 125,462.75 100.37 MORGANST 125,000.00 88579YAE13M COMPANY GLOBAL NOTES DTD 06/26/2012 1.000% 06/26/2017 0.77 1.63 2.22 126.55 372.90 99,914.90 99.91 HSBC 100,000.00 459200HK0IBM CORP GLOBAL NOTES DTD 02/08/2013 1.250% 02/08/2018 1.29 2.22 2.30 (178.30)(159.37) 124,804.38 99.84 GOLDMAN 125,000.00 06406HCJ6BANK OF NEW YORK MELLON (CALLABLE) DTD 03/06/2013 1.350% 03/06/2018 1.42 3.23 2.45 (207.99)(192.45) 49,776.05 99.55 MERRILL 50,000.00 594918AS3MICROSOFT CORP GLOBAL NOTES DTD 05/02/2013 1.000% 05/01/2018 1.18 2.45 2.45 (53.74) 46.15 54,843.20 99.71 GOLDMAN 55,000.00 037833AJ9APPLE INC GLOBAL NOTES DTD 05/03/2013 1.000% 05/03/2018 1.12 2.45 2.57 827.60 827.60 80,827.60 101.03 BARCLAYS 80,000.00 166764AE0CHEVRON CORP GLOBAL NOTES DTD 06/24/2013 1.718% 06/24/2018 1.32 2.57 3.20 351.13 232.45 50,707.45 101.41 BONY 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 3.20 3.20 258.65 237.95 50,707.45 101.41 BNP PARI 50,000.00 17275RAR3CISCO SYSTEMS INC GLOBAL NOTES DTD 03/03/2014 2.125% 03/01/2019 1.69 3.20 3.60 432.56 473.10 100,288.10 100.29 MERRILL 100,000.00 02665WAH4AMERICAN HONDA FINANCE GLOBAL NOTES DTD 09/09/2014 2.250% 08/15/2019 2.17 3.60 4.22 349.83 335.20 100,832.20 100.83 05/23/20JPMCHASE 100,000.00 46625HLW8JP MORGAN CHASE & CO CORP NT (CALLABLE) DTD 06/23/2015 2.750% 06/23/2020 2.56 4.22 2,166.53 1.29 2.21 6,213.72 1,341,563.08 1,335,000.00 Security Type Sub-Total 2.49 Certificate of Deposit 0.79 141.00 141.00 100,141.00 100.14 HSBC 100,000.00 40428AC54HSBC BANK USA NA CD DTD 02/13/2015 0.880% 08/15/2016 0.70 0.79 Page 12 For the Month Ending October 31, 2015Managed Account Fair Market Value & Analytics Value On Cost Amort Cost to WorstCUSIPBrokerDate PriceDated Date/Coupon/Maturity Par at Mkt Market Unreal G/L Unreal G/L Duration CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Security Type/Description Next Call Market YTMEffective Duration Certificate of Deposit 1.56 (163.50)(163.50) 99,836.50 99.84 MERRILL 100,000.00 65558LFA5NORDEA BANK FINLAND NY CD DTD 05/29/2015 1.150% 05/26/2017 0.95 1.56 (22.50) 0.82 1.18 (22.50) 199,977.50 200,000.00 Security Type Sub-Total 1.18 5,133,000.00 5,157,892.99 20,586.94 23,869.28 2.40 1.05 Managed Account Sub-Total 2.47 Money Market Fund 0.00 0.00 0.00 59,633.84 1.00 59,633.84 CAMP Pool 0.00 59,633.84 59,633.84 0.00 0.00 0.00 Money Market Sub-Total 0.00 Total Investments $5,234,580.55 $17,053.72 $5,217,526.83 Accrued Interest Securities Sub-Total $5,192,633.84 $20,586.94 $23,869.28 2.40 1.05% 2.47 Page 13 For the Month Ending October 31, 2015Managed Account Security Transactions & Interest CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Transaction Type Trade CUSIPSecurity DescriptionSettle Par Proceeds Principal Accrued Interest Total Cost Realized G/L Realized G/L Sale Amort Cost Method BUY 10/30/15 FANNIE MAE SERIES 2015-M13 ASQ2 DTD 10/01/2015 1.646% 09/01/2019 3136AQDQ0 (45,450.63)(59.67)(45,510.30) 45,000.00 10/07/15 (59.67)(45,510.30)(45,450.63) 45,000.00 Transaction Type Sub-Total INTEREST 10/25/15 FNMA SERIES 2015-M7 ASQ2 DTD 04/01/2015 1.550% 04/01/2018 3136ANJY4 0.00 32.29 32.29 25,000.00 10/01/15 10/14/15 FHLMC NOTES DTD 08/16/2013 0.875% 10/14/2016 3137EADS5 0.00 437.50 437.50 100,000.00 10/14/15 10/26/15 FANNIE MAE GLOBAL NOTES DTD 09/24/2012 0.875% 10/26/2017 3135G0PQ0 0.00 984.38 984.38 225,000.00 10/26/15 10/31/15 US TREASURY NOTES DTD 10/31/2011 1.000% 10/31/2016 912828RM4 0.00 500.00 500.00 100,000.00 10/31/15 1,954.17 1,954.17 0.00 450,000.00 Transaction Type Sub-Total (45,450.63) 1,894.50 (43,556.13)Managed Account Sub-Total Total Security Transactions ($43,556.13)$1,894.50 ($45,450.63) Page 14 For the Month Ending October 31, 2015Account Statement CITY OF LAKE ELSINORE - LAKE ELSINORE-SUCCESSOR AGENCY Total Settlement Dollar AmountShare or Trade Shares OwnedDate Transaction Description of TransactionUnit PriceDate CAMP Pool 104,086.83 Opening Balance 10/14/15 10/14/15 Purchase - Individual Portfolio Interest 1.00 437.50 104,524.33 10/23/15 10/23/15 IP Fees September 2015 1.00 (389.30) 104,135.03 10/23/15 10/23/15 U.S. Bank Fees August 2015 1.00 (19.32) 104,115.71 10/26/15 10/26/15 Purchase - Individual Portfolio Interest 1.00 32.29 104,148.00 10/26/15 10/26/15 Purchase - Individual Portfolio Interest 1.00 984.38 105,132.38 10/30/15 10/30/15 Redemption - Individual Portfolio Buy 1.00 (45,510.30) 59,622.08 10/30/15 11/02/15 Accrual Income Div Reinvestment - Distributions 1.00 11.76 59,633.84 59,633.84 59,633.84 59,633.84 101,483.62 43.79 0.00 (1,464,340.87) 1,510,014.02 13,960.69 11.76 59,633.84 0.00 (45,918.92) 1,465.93 104,086.83 Monthly Distribution Yield Average Monthly Balance Closing Balance Fiscal YTDMonth of Cash Dividends and Income Closing Balance Check Disbursements Redemptions (Excl. Checks) Purchases Opening Balance Closing Balance October January-October 0.14% Page 15 Text File City of Lake Elsinore 130 South Main Street Lake Elsinore, CA 92530 www.lake-elsinore.org File Number: ID# 16-111 Agenda Date: 3/8/2016 Status: Approval FinalVersion: 1 File Type: ReportIn Control: Successor Agency Agenda Number: 2) Page 1 City of Lake Elsinore Printed on 3/3/2016 REPORT TO SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE TO: HONORABLE CHAIR TISDALE AND MEMBERS OF THE SUCCESSOR AGENCY FROM: GRANT YATES, EXECUTIVE DIRECTOR DATE: March 8, 2016 SUBJECT: First Amendment to Public Works’ Construction Agreement with AP Construction Group Inc. for the Diamond Stadium HVAC Project (CIP Project RDA Z20003) Recommendation Staff recommends that the Successor Agency Board: 1. Amend the Public Works’ Construction Agreement with AP Construction Group Inc. for the Diamond Stadium HVAC Project (CIP Project RDA Z20003) 2. Approve and authorize the Executive Director to execute the First Amendment in the not to exceed amount of $48,137.95 with AP Construction Group Inc. in the form attached and in such final form as approved by the City Attorney. Background On December 1, 2015 AP Construction Group Inc. was awarded a contract to purchase and install a new air-conditioning and heating system at Diamond Stadium. The project work has progressed and is going very well. Discussion Through the course of this project several uncertainties have been discovered and require a contract amendment. The following list of items will be satisfied by the first amendment: o Ceiling modifications in the private suites o Additional load capacities in the private suites Diamond Stadium Capital Repairs  March 8, 2016  Page2      o Copper piping, electrical, controls and labor for 4 additional units in the kitchen area o Exterior ground level concrete mounting pads for 11 independent HVAC zones With this scope of work first amendment, HVAC capacities in very high demand areas will be fully supported per the manufacture’s recommendation. Throughout the project the manufacture, Mitsubishi Inc., has provided valuable technical field analysis to ensure the final outcome meets or exceeds the demands of the facility. This is a state-of-the-art HVAC system which retains many efficiencies, operational flexibilities, automated system controls, and superior performance. Fiscal Impact Diamond Stadium HVAC Project (CIP Project RDA Z20003) is included in the Fiscal Year 15/16 – 19/20 Capital Improvement Plan (CIP) budget. The contract amount herein is fully funded with ROP funding. Prepared by: Jason Simpson, Director of Administrative Services Approved by: Grant Yates, Executive Director Attachments: Attachment A – First Amendment. Attachment B – AP Construction Proposal FIRST AMENDMENT to AGREEMENT FOR PUBLIC WORKS CONSTRUCTION AP CONSTRUCTION GROUP INC. For the DIAMOND STADIUM HVAC PROJECT CIP PROJECT NO. RDA Z20003 THIS FIRST AMENDMENT is made and entered into as of March 8, 2016 by and between the Successor Agency of the Redevelopment Agency of the City of Lake Elsinore, ("City"), and AP Construction Group Inc. ("Contractor”). In consideration of the mutual covenants and conditions set forth herein, the parties agree as follows: 1. This Amendment is made with respect to the following facts and purposes: a. On December 1, 2015, the City and Contractor entered into an agreement entitled “Consultant Services Agreement for Public Works Construction AP Construction Group Inc. for the Diamond Stadium HVAC Project. b. The parties now desire to increase the agreement amount for an additional forty eight thousand one hundred thirty seven dollars and ninety five cents ($48,137.95) and amend the Agreement as set forth in this Amendment. 2. Compensation of the Agreement is hereby amended to increase the amount that the City agrees to pay the Contractor by forty-eight thousand one hundred thirty-seven dollars and ninety five cents ($48,137.95) for a total not-to-exceed amount of one million two hundred eighty seven thousand one hundred thirty seven dollars and ninety five cents ($1,287,137.95). 3. Except for the changes specifically set forth herein, all other terms and conditions of the Agreement shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by and through their respective authorized officers, as of the date first above written. “CITY” Successor Agency of the Redevelopment Agency of the CITY OF LAKE ELSINORE, a municipal corporation Grant Yates, Executive Director ATTEST: City Clerk APPROVED AS TO FORM: City Attorney “CONTRACTOR” AP Construction Group Inc. Neman Djouzale, President: Text File City of Lake Elsinore 130 South Main Street Lake Elsinore, CA 92530 www.lake-elsinore.org File Number: ID# 16-112 Agenda Date: 3/8/2016 Status: Approval FinalVersion: 4 File Type: ReportIn Control: Successor Agency Agenda Number: 3) Page 1 City of Lake Elsinore Printed on 3/3/2016 REPORT TO SUCCESSOR AGENCY OF THE REDEVELOPMENT AGENCY OF THE CITY OF LAKE ELSINORE TO: HONORABLE CHAIR TISDALE AND MEMBERS OF THE SUCCESSOR AGENCY FROM: GRANT YATES, EXECUTIVE DIRECTOR DATE: February 8, 2016 SUBJECT: Affordable Housing Project Proposal Recommendation It is recommended the Successor Agency approve the Civic Partners Elsinore LLC Affordable Housing Project Proposal – The Cottages at Mission Trail. Background Pursuant to the Amended and Restated Disposition and Development Agreement (DDA) dated March 8, 2011 by and among the Redevelopment Agency of the City of Lake Elsinore, McMillin Summerly, LLC (Developer) and Civic Partners-Elsinore LLC (Master Developer), certain funds equal to 20% of the property tax revenues generated from Developer and Master Developer properties are pledged to Civic Partners-Elsinore LLC for affordable housing purposes consistent with the former Agency’s low and moderate income inclusionary housing re quirements. This pledge constitutes a recognized enforceable obligation and has been included on the Successor Agency ROPS. Discussion In accordance with the DDA, Civic Partners-Elsinore LLC has submitted an Affordable Housing Project Proposal for consideration by the Agency. The proposed “Cottages at Mission Trail” is a work force housing rental project to be developed on a portion of a 25.5 acre parcel on Mission Trail south of Hidden Trails within the East Lake Specific Plan. The Project will initially consist of approximately 100 two and three-bedroom single family units and will include a community building that will also include leasing/management offices. Approval by the Successor Agency of the Affordable Housing Project Proposal is a first necessary step pursuant to the DDA and does not constitute a legal or binding Affordable Housing Project Proposal March 8, 2016 Page 2 commitment to approve the project or to provide financing. Project entitlements and financing commitments can only be obtained by approval of the City Council at a noticed public hearing/meeting and entry into appropriate legally binding agreements. Approval of the Affordable Housing Project Proposal will allow Civic Partners-Elsinore LLC and the City to address the next steps toward project review and implementation. Specifically, the Cottages at Mission Trail is further conditioned on and subject to each of the following: (1) acceptance by the City Council of the Housing Fund Report to be prepared and submitted by staff; (2) applicable zoning and planning approvals by the City of Lake Elsinore Planning Commission and City Council; (3) confirmation of project pro forma economic feasibility analysis by the City’s affordable housing economic consultant; (4) confirmation and acceptance of project funding by the City Council of the City of Lake Elsinore as successor to the former Redevelopment Housing Agency’s Low and Moderate Income Housing Fund. Prepared By: Barbara Leibold, Successor Agency Counsel Approved By: Grant Yates, Executive Director Attachment: Affordable Housing Project Proposal Cottages at Mission Trail         Civic Partners Elsinore LLC  Affordable Housing Project Proposal       Approved by:      _______________________________________      Date      The Cottages at Mission Trail  a work force housing community     Civic Partners requests approval of its Affordable Housing Project Proposal for the “Cottages at  Mission Trail.”  This Affordable Housing Plan consists of the following narrative, the attached  summary, and the attached exhibits consisting of the Project Location (Exhibit “1”) and the  Developer Team Resumes (Exhibit “2”).  The “Cottages at Mission Trail” is a work force housing rental project that will be constructed  on a portion of a 25.5 acre parcel of property within the East Lake Specific Plan in the City of  Lake Elsinore.  The property is located along Mission Trail south of Hidden Trails and the  Cottages at Mission Trail will be developed consistent with existing zoning.  The project will  initially consist of approximately 100 two and three‐bedroom single family units.  Although the  majority of the homes will be detached units, there may be a small number of attached units  within the project.  Each unit will have a garage and will be equipped with a combination  range/oven, refrigerator, dishwasher, garbage disposal, and washer/dryer hook ups.   The  project will include a community building that will also include leasing/management offices.   The units shall be limited to households with incomes restricted to affordability levels for  maximum incomes ranging between fifty percent (50%) and sixty percent (60%) of Riverside  County area median family income. These income restrictions will continue for a period of 55  years.   This project will be developed as a nonprofit work force housing community.  Civic Partners will  partner with a nonprofit and is currently considering a strategic alliance with AOF/Pacific  Affordable Housing Corp. and looks forward to the establishment of an operating entity  consisting of our two companies for purposes of creating the Cottages at Mission Trail.   Civic Partners and its affiliates have been active in real estate development since the 1970's,  with several decades of combined specialized experience in partnering with public agencies.  The company has capitalized on its development expertise and ability to work with various  government agencies in creating significant real estate projects through public/private  ventures.  Civic Partners was founded in response to a growing demand for experienced firms  capable of assisting public agencies in the development of economically viable projects. Civic  Partners specializes in bringing together public and private interests to deliver what the  community desires: high quality development that adds value to the community. The company  has invested its time and effort, almost exclusively, in "public/private" projects, including  commercial, market rate and work force residential and mixed‐use. The results have provided  numerous benefits to communities such as the creation of both short‐ and long‐term job  opportunities, an increased tax base and a quality environment in which to live, work and shop.   AOF/Pacific Affordable Housing Corp. was incorporated in 1997 as a nonprofit  corporation organized under the laws of the State of California. It is a subordinate of The  American Opportunity Foundation, Inc. (“AOF”), a Georgia nonprofit corporation which is  exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code. AOF has  received a group exemption as a central organization whose subordinates are recognized as  exempt from federal taxation under Section 501(c)(3) of the Code. AOF/Pacific Affordable  Housing Corp., which has no stockholders and is governed by a board of trustees, was  organized to acquire, rehabilitate, sell, or operate affordable housing for moderate to low‐ income, elderly, and/or mentally or physically challenged persons or families. AOF/Golden State  Community Development Corp., a CHDO (“Community Housing Development Organization”) is  a sister organization to AOF/Pacific Affordable Housing Corp.   It is fully understood and acknowledged that notwithstanding approval of this Affordable  Housing Project Proposal, the Cottages at Mission Trail is further conditioned on and subject to  each of the following:  1. Acceptance by the City Council of the Housing Fund Report to be prepared and  submitted by staff;  2. Applicable zoning and planning approvals by the City of Lake Elsinore Planning  Commission and City Council;  3. Confirmation of project pro forma economic feasibility analysis by the City’s affordable  housing economic consultant;  4. Confirmation and acceptance of project funding by the City Council of the City of Lake  Elsinore as successor to the former Redevelopment Agency’s Low and Moderate Income  Housing Fund.  Approval of this Affordable Housing Project Proposal by the Successor Agency pursuant to the  Amended and Restated Disposition and Development Agreement dated March 8, 2011 by and  among the Redevelopment Agency of the City of Lake Elsinore, McMillin Summerly, LLC and  Civic Partners‐Elsinore LLC does not constitute a legal or binding commitment on behalf of the  City of Lake Elsinore to approve the Project or to provide financing.  Such commitments can  only be obtained by approval of the City Council at a noticed public hearing/meeting and entry  into appropriate legally binding agreements.             Addendum A    1. Funding of Pledged Housing Funds and Affordable In-Lieu Payments will be conditioned upon: a. (i) Application for an allocation of Tax Exempt Bonds from the California Debt Limit Allocation Committee (CDLAC) and of Low Income Tax Credits from the California Tax Credit Allocation Committee (TCAC) and for other available sources of public funds, and (ii) submittal of a financial proforma demonstrating, to the satisfaction of the City’s Director of Administrative Services and the City’s affordable housing financial consultant, receipt of such financing as is necessary and sufficient to construct and operate the Project in a financially feasible manner, including, without limitation, binding commitments for construction financing and binding commitments for any additional permanent financing and/or operating subsidies in an aggregate amount sufficient to repay the construction financing and operate the Project in a manner that results in sufficient cash flow to pay for customary maintenance and operation of the project, including all required debt payments. b. City Council confirmation and acceptance of the amount and terms of the City’s financial contribution to the Project, including the maximum principal amount of the loan, interest and repayment terms, and entry by the parties into binding loan or other legal agreements for such financing on terms acceptable to the City. c. Clarification and acceptance of the specific affordability mix and any required Article 34 or other applicable approvals. d. Obtaining all necessary land use entitlements and all required governmental approvals from all applicable governmental bodies and agencies and compliance with CEQA. e. Approval by the City Attorney of all legal documents evidencing construction and permanent financing for the Project.   Mission Trails ‐ Affordable Housing Project Proposal Civic Partners i. The Type of Affordable Housing New Construction ii. Whether Affordable Housing will be for rent or for sale to income restricted residents? For Rent  iii. The Total Number of units within the Project? 100 units iv. The Number of units available solely to income restricted residents? 100 units v. The Proposed Income restrictions for the Affordable Housing Units? 50%‐60% AMI vi. The term of affordability covenants consistent with Sec 33413(b)(2) of the Redevelopment Law?  55 years vii. The Location of the Project? Several Parcels fronting on Mission Trail ‐ See attached Exhibit 1 ‐ Project Location viii. The estimated Project Development Costs? ix. The expected timing and phasing of the development? Date Staff Approval of Affordable Housing Project Proposal Dec‐2014 Updated Site Plan & Unit Design Mar‐2016 Participation Agreement with Non‐Profit Affiliate Mar‐2015 Lender Conditional Commitment May‐2016 Final Affordable Housing Project Submittal  Jun‐2016 Presentation to and approval by City Council for : ‐Detailed proposed project description and City financial assistance ‐Non‐Profit Affiliate & Participation Agreement ‐Land use entitlements & CEQA determination Grading Permit Sep‐2016 x. Anticipated Sources of Funding sought & secured for the project and calculation of any projected shortfall. Total Project Costs Tax Credit Equity Construction Loan Supported by Net Operating Income Construction Funding Supported by Pledged Housing Funds from East Lake Specific Plan Area after stabilization Future Stream of Affordable In‐Lieu payments (after 2016) Estimated accrued Affordable In‐Lieu payments (through 2016) Accrued Pledged Housing Funds from East Lake Specific Plan Area (through 2014‐15) Estimated accrued Pledged Housing Funds from East Lake Specific Plan Area (to include 2016‐17) Developer Equity  Total Funding xi. The Identity and Qualifications of the Affordable Housing Developer A Limited Partnership will be formed between the 2 below listed entities ‐ See Exhibit 2 ‐ Developer Team Resumes Civic Partners Related Entity  AOF/Pacific Affordable Housing Group 27,130,000$      27,130,000$      27,130,000$      6,072,000$         734,000$            5,513,000$         9,298,000$         1,341,000$         921,000$            732,000$            2,519,000$                       Exhibit 1 – Project Location    Project Location               Exhibit 2 – Developer Team Resumes    CIVIC PARTNERS 7777 Center Avenue, Suite 300 Huntington Beach, California 92647 Phone 714.230.8000 - Fax 714.230.8010 COMPANY OVERVIEW The principals of Civic Partners and its affiliates have been active in real estate development since the 1970's, with several decades of combined specialized experience in partnering with public agencies. The company has capitalized on its development expertise and ability to work with various government agencies in creating significant real estate projects through public/private ventures. Civic Partners was founded by Steven P. Semingson in response to a growing demand for experienced firms capable of assisting public agencies in the development of economically viable projects. Civic Partners specializes in bringing together public and private interests to deliver what the community desires: high quality development that adds value to the community. The Civic Partners development team is very experienced in effectively dealing with a variety of requirements that could otherwise create conflicting priorities. Our team works diligently to direct its projects in such a way that all parties understand the project goals and objectives, demands and constraints, ensuring that all aspects have been considered before the project direction has been finalized. Civic Partners has invested its time and effort, almost exclusively, in "public/private" projects, including commercial, residential and mixed-use. The results have provided numerous benefits to communities such as the creation of both short- and long-term job opportunities, an increased tax base and a quality environment in which to live, work and shop. Within each of its projects, Civic Partners strives to create a socially active, unique, people-oriented "sense of place." Civic Partners coordinates and manages all aspects of the development process, including the responsibility of liaison between each party involved in the project. It provides direction on the planning, design and construction of the project. Civic Partners establishes the financing strategy and handles the budgeting and scheduling for each project. Other tasks include public relations, community involvement, sales, marketing and leasing. In managing the development process, Civic Partners commissions a high quality team of experts. Project tasks, such as architectural design, engineering and construction are assigned to proven experts who have demonstrated the ability to work in a team environment. This "team" approach utilizes the experience of company staff, input from project partners, third party consultant support, and appropriate community representation. Consensus on issues is created through our long- standing team approach. In light of a renewed focus on the revitalization of American cities, Civic Partners looks forward to continuing its considerable contribution to the development of many significant real estate projects, in particular those which have placed emphasis on public/private ventures. The staff of Civic Partners is currently processing development projects that provide for a variety of diverse land uses. Recent projects are in various stages of predevelopment, and many utilize creative and unique financing techniques. MASTER PLANNING ADVANTAGE A fundamental objective of Civic Partners is to partner with public agencies to provide more than just a single mixed-use project. Our desire is to create a vibrant integrated destination with a strong sense of place. Therefore, the approach of Civic Partners to project development is necessarily much more comprehensive in scope. The intent is to develop a well-coordinated, fully integrated master-planned project. The goal is to maximize the potential benefits of the entire redevelopment area, the City and the local community. Some benefits of developing the project with a single master developer may include: · Lower costs – economies of scale · Accelerated schedule for achieving goals · Coordination between individual projects within the master plan · Critical massing of mixed uses that will generate increased activity · Increased social and economic vibrancy · Creation of a catalyst for additional improvements and future development · Parking considerations, traffic circulation, design integration and overall compatibility with the other sites and components of the redevelopment effort · Simplified liaison between the City and project developers SUMMARY Civic Partners specializes in urban renewal and redevelopment projects, which are made possible through public/private partnerships. A major strength of Civic Partners is the ability to successfully establish and lead a team of both public and private interests through the development process. Our clients are cities, other public agencies and their citizens. We collaborate with the community and others to ensure that the projects we undertake achieve the level of success that cities have come to expect from Civic Partners. AOF PACIFIC AFFORDABLE HOUSING CORP. A nonprofit public benefit corporation EXECUTIVE SUMMARY Overview AOF/Pacific Affordable Housing Corp. ("AOF/Pacific" or lithe Corporation") was incorporated in 1997 as a nonprofit corporation organized under the laws of the State of California. It is a subordinate of The American Opportunity Foundation, Inc. ("AOF"), a Georgia nonprofit corporation which is exempt from federal taxation under Section 501(c)(3) of the Internal Revenue Code ("the Code"). AOF has received a group exemption as a central organization whose subordinates are recognized as exempt from federal taxation under Section 501(c)(3) of the Code. The Corporation, which has no stockholders and is governed by a board of trustees, was organized to acquire, rehabilitate, sell, or operate affordable housing for moderate to low- income, elderly, and/or mentally or physically challenged persons or families. AOF/Pacific is the Managing General Partner in over 70 limited partnerships or LLC's established to acquire, develop, rehabilitate, and operate apartment complexes for seniors and moderate to low income persons or families. These apartment complexes are located in California, Oregon, and Washington State. Some of these partnerships have received contributions from city agencies to facilitate the acquisition of land and/or the construction of the projects. AOF/Pacific has also obtained grants from various cities which were used to acquire property then contributed to the limited partnerships. The Corporation also provides quality affordable housing to the public by the construction of single family affordable housing or the acquisition and rehabilitation of existing single family housing. The Corporation has performed over 120 acquisitions, rehabilitations, and sales of one-four unit housing using FHA 203(k) acquisition and rehabilitation loans or look alike conventional loans. We have long-standing working relationships with companies in various industries including construction, marketing, and sales which allow us to bring a wealth of knowledge and expertise to each of our projects. The majority of these homes have been in the Southern California City revitalization areas of Los Angeles, Compton, Long Beach, Santa Ana, Rialto, Fontana, and Ontario. Approximately ninety percent of these homes were sold to families making 115% or less of the area median income adjusted for family size. We also have contacts within the communities that provide the buyer with a first-time homeowner training course and we provide a one-year home warranty plan. Officers and Trustees Raman (URay'? Nayar, President. Mr. Nayar has been the President of AOF/Pacific since its incorporation in 1997. He is also the Trustee of AOF/Golden State Community Development Corp., another California subordinate entity of The American Opportunity Foundation, Inc., and affiliate of AOF/Pacific Affordable Housing Corp. Mr. Nayar has over thirty years of experience in the real estate industry, both as a builder and a developer. As an officer for various companies through-out the mid-west and western parts of the United States, his responsibilities included obtaining financing for, and the development and management of, hundreds of housing projects. These projects were financed using both conventional and governmental programs. He has also arranged financing through banks, savings and loans, and mortgage companies using taxable as well as tax-exempt bonds and FHA insured mortgages. The completion of construction projects in a timely manner and within budget has always been a priority to him. Mr. Nayar has also provided the marketing and leasing services for various projects he has developed. Mr. Nayar holds a Master's Degree in Architecture and a Real Estate Broker's license in the State of Colorado, is an active participant in various Chamber of Commerce activities focusing on helping neighborhoods grow, and has given seminars in the area of housing development. He is serving his eleventh year as a board member of The Affordable Housing Clearing House, an Orange County nonprofit organization serving low-and moderate income families and individuals. Mr. Nayar also serves on the board of the Clearing House Community Development Financial Institution, a federally designated CDFI. Philip J. Kennedy, Vice President and Trustee. Mr. Kennedy is the President and a Trustee of The American Opportunity Foundation, Inc. ("AOF"). AOF is a Georgia nonprofit corporation organized to foster, own, support, and sponsor housing for moderate-to-Iow income persons and families and the elderly. AOF is exempt from federal income taxation under section 501 (c)(3) of the Internal Revenue Code (lithe Code") and has received a group exemption as a central organization whose subordinates are recognized as exempt from federal income tax under Section 501 (c)(3) of the Code. AOF/Pacific is a subordinate entity of AOF. Mr. Kennedy has served as President of AOF since 1991, and has been employed full time since 1995. During his tenure as President, AOF and its subordinate entities have been involved in the acquisition, rehabilitation, and ownership of over 7,000 affordable housing units in ten states. Under the requirements of the group exemption, AOF also directs and supervises the overall operations of AOF/Pacific and AOF/Golden State. Mr. Kennedy is a former staff accountant with Arthur Anderson & Company. He received a Bachelor of Science degree from the University of Florida and a Master of Professional Accounting degree from the University of Texas. He is a Certified Public Accountant licensed in the State of Florida. From 1983 to 1995, Mr. Kennedy was the Director, Executive Vice President, and Chief Operating Officer of Housing Systems, Inc. ("HSI"). HSI is a privately-owned corporation which owns and/or is the managing agent of more than 5,000 affordable housing units financed primarily through loans subsidized under various HUD programs. He was responsible for the overall operations at HSI, including the acquisition, management, and financing of the corporation's projects. Frederick Jung, Trustee. Mr. Jung has been a trustee since 1999 and serves in a voluntary capacity. He is a partner in the law firm of Jung & Sweat located in Los Angeles, CA. Danniel Do-Khanh, Trustee. Mr. Do-Khanh has been a Trustee since the corporation's inception and serves in a voluntary capacity. He is an attorney in Irvine, California, and is also a Trustee for AOF/Golden State Community Development Corp., AOF/Pacific Affordable Housing Corp.'s CHDO affiliate. Andrew Stephen Jones, Assistant Secretary and Trustee. Mr. Jones has been a Trustee since 2001 and serves in a voluntary capacity. He works for Arden Industries in California as a Vice President of Sales & Marketing. AOF /Pacific Affordable Housing Corp. Company Overview 2013 Page 2 L. Ried Schott, Trustee. Mr. Schott has been a Trustee since 2012 and serves in a voluntary capacity. He is the President of Schott Consulting Services specialize in Real Estate Property Management & Consulting. Kathryn T. Walker, v.P., Treasurer, Assistant Secretary and Trustee. As Treasurer of AOF/Pacific Affordable Housing, Ms. Walker is responsible for the accounting functions of the company, including the internal financial statements and coordination of its annual audit and tax return preparation. She also reviews the monthly financial statements of the more than forty entities in which the company is the managing general partner and prepares an analysis of said financial statements on a quarterly basis. The quarterly analysis is provided to company management for follow up on any unusual findings. Ms. Walker is the Vice President and CFO of The American Opportunity Foundation, Inc. ("AOF"), a Georgia nonprofit corporation organized to foster, own, support, and sponsor housing for moderate-to-Iow income persons and families and the elderly. She has been with AOF on a full time basis since January 2008 and is responsible for the oversight of the accounting functions of AOF's subordinate entities. Ms. Walker received a Bachelor of Science degree from Georgia State University and worked for various CPA firms in the metropolitan Atlanta area. She left public accounting in 2001 and started her own consulting business wherein she performed various financial services for clients in the affordable housing industry, including audits of affordable housing entities, financial analysis of monthly financial statements, due diligence work on potential acquisitions, and internal accounting functions. She also performed litigation support work relating to the valuation of businesses and estates relative to divorce proceedings. Sharon Tran, Asset/Operations Manager. As AsseUOperations Manager for AOF/Pacific Affordable Housing Corp., and is responsible for the management of the company's portfolio of assets, including the substantial management duties as defined by the California State Board of Equalization and set forth in the partnership agreements governing each property. Prior to joining AOF/Pacific, Ms. Tran has over twenty years of experience in the real estate and banking industry. Start with Union Bank at an Operation Officer and then residential real estate lending at an Account Executive for First Magnus and most recently in real estate brokerage firm. Ms. Tran is a Real Estate Broker in California and she has closed thousands of real estate/loan transactions ranking from single family unit into commercial property. She has helped many low income family to purchase single family home and work closely with loan officers/Brokers to close a lot of FHA & SBA loans. Ms. Tran graduated from California State University of Fullerton with a Bachelor Degree in Business Administration emphasis in Management Information System. She currently held security license series 6, 63 and 26. Ajay R. Nayar, Project Manager. As Project Manager, Mr. Nayar is responsible for construction management of the organization's affordable single family product, including the administration of the Ontario Home Program which is completing its 5th rehab. In this position, Mr. Nayar works with city redevelopment agencies to acquire, rehab and sell single family AOF /Pacific Affordable Housing Corp. Company Overview 2013 Page 3 homes to low-income families. In addition, Mr. Nayar performs construction accounting on this line of business. Prior to his role as Project Manager, Mr. Nayar was the organization's Resident Services Coordinator, working with property management companies to develop annual resident services plans for projects managed by AOF/P. Mr. Nayar has worked part-time for AOF/P for several years, performing administrative functions throughout the organization, contributing to his broad knowledge of the company's core businesses and relationships. Mr. Nayar is recently completed his Bachelor of Science degree in Business with an emphasis in real estate and finance from California State University, Fullerton. Kristin Nguyen, Compliance Analyst and ARR Program Coordinator. Kristin Nguyen is the Compliance Analyst for AOF/Pacific Affordable Housing Corp., and is responsible for ensuring timely filing of all welfare exemption requests for properties in the company's portfolio of assets. Since 2001, Ms. Nguyen has been responsible for maintaining current knowledge of the requirements of various regulatory agencies governing welfare property tax exemption in all states where the company has real estate holdings, and communicates with property managers, partners and state and local agencies on matters relative to property tax abatement. As ARR Program Coordinator for the company's HUD transactions, Ms. Nguyen was an involved participant in developing the company's HUD approved Quality Control Plan. She also processes annual certifications as required by HUD. Ms. Nguyen received her Associate of Arts degree in Accounting from Golden West College in California. AOF jPacific Affordable Housing Corp. Company Overview 2013 Page 4 Multifamily Resident Services AOF/Pacific coordinates and monitors various services provided to the residents of our affordable housing complexes. Our goal is for the apartment complexes to provide services and linkages to resources within each local community that will enable our residents to live a better life. We use feedback from residents and on- site management to help develop programs that compliment the current interests of the residents as well as help them to discover new ones. Several of our complexes have contracted with All Things are Possible After School & Family Resource Centers to run their resident services programs. The services provided vary based on the needs and facilities of each apartment community. After-school programs for resident children include tutoring and reading assistance, as well as sports and other recreational activities to keep the children active and engaged. Computer training is offered to improve the skills of both children and adults. We believe that providing computers and access to the Internet allows residents to stay abreast of job opportunities as well as obtain training and education that might not otherwise be available to them. We believe that successful senior living is about choice, dignity, and quality of life and work with property managers to ensure that appropriate activities are made available through linkages with local community groups and on-site activities. AOF /Pacific Affordable Housing Corp. Company Overview 2013 Page 5 Multifamil~ Pro~erties Located in California Aeartment Come lex Aldea Apts 2003-2043 South Reservoir St Pomona, CA 91766 Alosta Gardens 745 E. Fifth St. Azusa, CA 91702 Amber Ridge Apts 13400 Elsworth Street Moreno Valley, CA 92553 Antelope Valley 43460 32 nd Street Lancaster, CA 93536 Art Ark 1058 S 5th Street & San Jose, CA 95112 Aventerra I 8555 Citrus Avenue Fontana, CA 92335 Aventerra II 16225 Arrow Boulevard Fontana, CA 92335 Cameron Park Apts 929 W. Cameron Avenue West Covina, CA 91701 Canyon Shadows 8405 Arlington St. Riverside, CA 92503 Casa Puleta Apts 1445 S. 45th Street San Diego, CA 92113 Ceres Christian Terrace 1859 Richard Way Ceres, CA 95307 Citrus Breeze Apts 8550 Citrus Avenue Fontana, CA 92335 Claremont Village Apts 965 W. Arrow Highway Claremont, CA 91711 Crescent Manor 463-471 Tuck St. San Francisco, CA 94102 AOF /Pacific Affordable Housing Corp. Company Overview 2013 Number of Units 19 61 225 121 148 166 106 158 120 54 67 52 150 94 Apartment Complex Delmas Park Apts 350 Bird Avenue San Jose, CA 95126 Delta Village Apts 1625 Rosemarie Lane Stockton, CA 95207 EI Rancho Verde 303 Checkers Drive San Jose, CA 95133 Encanto 46725 Clinton St Indio, CA 92201 Fickett Towers 14801 Sherman Way, Los Angeles, CA 91423 Fountain & La Brea 7070 Fountain Ave Hollywood, CA 90038 Herald Hotel 308 Eddy Street San Francisco, CA 94018 Hermosa Vista Apts 15353 & 15425 Goldenwest St Huntington Beach, CA 92657 Iris Gardens 385 Rockvale Ave. Azusa, CA 91702 La Palma 7799 Valley View St. La Palma, CA 90623 Lenzen Square Apts 758-762 Lenzen Avenue San Jose, CA 95126 Little Chico Gardens Apts 851 Pomona Avenue Chico, CA 95928 Little Zion Manor 2000 Jubilee Court San Bernardino, CA 92411 Meadow Glen Apts 2451 Meadowview Road Sacramento, CA 95832 Nova Pointe 800 E. Washington St. Colton, CA 92324 Number of Units 123 80 700 272 200 187 74 88 120 272 88 92 125 170 600 Page 6 Park Grand Apts Sycamore Ridge 858 E. Grand Avenue 62 2020 Guthrie Street 160 Pomona, CA 91766 San Bernardino, CA 92404 Parkplace I Tuscany Apts 310 W. Jackson St. 32 2225 E. Pumalo Street 328 Rialto, CA 92376 San Bernardino, CA 92404 Parkplace II Village Heights Apts 359 W. Jackson st. 8 1621 Mesa Dr. 75 Rialto, CA 92376 Newport Beach, CA 92660 Parkwood Apts Vista Senior Apts 3800 Crowell Road 180 511 E. Grand Avenue 112 Turlock, CA 95382 Escondido, CA 92025 Parkwood Apts West San Carlos Senior Apts 4075 Prospect Avenue 101 1523 & 1533 W. San Carlos 95 Yorba Linda, CA 92886 San Jose, CA 95126 Pierce Park Whispering Fountains-Diamond Bar 12700 Van Nuys Blvd. 430 23750 Highland Valley Road 149 Pacoima, CA 91331 Diamond Bar, CA 91765 Pioneer Gardens Apts Whispering Fountains-Lakewood 9039 Pioneer Avenue 141 3200 E. South Street 201 Santa Fe Springs, CA 90670 Lakewood, CA 90805 St. Johns Whispering Fountains-Monrovia 121 W. Macdonald Ave 158 1024 Royal Oaks Drive 241 Richmond, CA 94801 Monrovia, CA 91016 Santa Inez Apts Whispering Fountains-Riverside 24 E. Santa Inez 44 4790 Jackson Street 268 San Mateo, CA 94402 Riverside, CA 92503 Santa Monica Whispering Fountains-Whittier 1122 N. Detroit St. 7113-7119 Santa Monica Blvd W 184 12551 Washington Boulevard 169 Hollywood, CA 90038 Whittier, CA 90606 Shiloh Arms Wood mark Apts 4009 23rd Ave. 106 700 Kincheloe Drive 173 Sacramento, CA 95820 Woodland,CA 95776 Sommer Hills 30 Novato Street 39 San Rafael, CA 94901 Sunrise Terrace I Apts 16599 Muscatel Street 110 Hesperia, CA 92345 Sunrise Terrace II Apts 8632 "C" Avenue 72 Hesperia, CA 92345 Total Units In California 8,370 AOF jPacific Affordable Housing Corp. Company Overview 2013 Page 7 Multifamily Properties located in Washington State Apartment Complex Alaska House Apartments 4545 42nd Avenue, S.W. Seattle, WA 98116 Apple Valley 8611 Depot Road Lynden, WA 98624 Desert Villas 635 S. Auburn st. Kennewick, WA 99336 Desert Villas East 630 S. Washington St. Kennewick, WA 99336 Fort Vancouver Apartments 4710 E. Plomondon Street Vancouver, WA 98661 Golden Elm 1323 Battersby Ave. Enumclaw, WA 98022 Harmony House 1100 N. 131h Place Shelton, WA 98584 International House Apartments 607 Maynard Avenue, S. Seattle, W A 98104 Newport Apts # of Units 105 30 77 78 131 35 30 99 280 NE Izett st. 16 Oak Harbor, WA 98277 Parkside Apartments 900 W. Casino Road 202 Everett, W A 98204 Pine Terra 512 N. Pines Road 102 Spokane, WA 99206 Ponderosa Apartments 9332 E. Montgomery Avenue 129 Spokane, WA 99206 Rainer Vista Senior Apartments 134 Third Avenue southeast 75 Pacific, WA 98047 AOF jPacific Affordable Housing Corp. Multifamily Properties located in Washington State Apartment Complex Sage Terrace Apartments 3502 92 nd South Street Lakewood, WA 98499 Veranda Green Apartments 11301 26 1h Avenue S. Seattle, WA 98168 Viewcrest Apartments 3401 Spruce Avenue Bremerton, WA 98310 Villas at Lakewood 2606 1681h Place N E Marysville, WA 98271 Wellington 4239 841h Street NE Marysville, WA 98270 Wishin~ Well II 430088 h Street NE. Marysville, WA 98270 Woodgate 308 Woodgate Place Burlington, WA 98233 Total Units in Washington State Multifamilll Pro~erties located in Portlandl Oregon Powell Plaza I Apartments 13220 S. E. Powell Boulevard Portland, OR 97236 Powell Plaza II Apartments 13220 S. E. Powell Boulevard Portland, OR 97236 Tenino Terrace Apartments 2405 SE Umatilla Street Portland, OR 97202 Total Units in Portlandl Oregon # of Units 107 150 300 240 32 36 40 # of Units 47 20 94 161 Company Overview 2013 Page 8 One to Four Unit Program: The corporation has done over 126 acquisition rehabilitation and sale of one to four dwelling units, using FHA 203(k) loan program or conventional (See the attached list showing the activities since Jan. 97). Majority of these homes are in the Southern California City revitalization areas of Los Angeles, Compton, Long Beach, Santa Ana, Rialto, Fontana and Ontario. 90% of these homes are sold to families making 115% of the area median income or less. We spent an average of $15,000.00 to $35,000.00 in rehab per unit of these homes to give them a new home look. We also insist on the buyer to take first time home owner training. We provide the buyer a one year home warranty program to cover any unforeseen situation they could run into. Properties Acquired by AOF/Pacific Affordable Housing Corp. from HUD in Connection with its ARR Program LIST OF PROPERTIES ACQUIRED FROM SANTA ANA HUD (01-01-97 thru 08/14/06) by: AOF/Pacific Affordable Housing Corp 7777 Center Ave., Suite 240. Huntington Beach CA 92647 Huntin~ ton Beach, CA. 92647. Tel. 714-799-1339, FAX: 714-891-2098 # Acquired OLD FHA PROPERTY ADDRESS DATE CASE # 1 06/30/97 46-829387 14066 Hillcrest, Dr, Fontana 2 06/30/97 46-872681 15548 AQate Fontana 3 06/30/97 46-915576 11338 Almond Ave, Fontana 4 06/30/97 46-875786 13946 Figwood t, Fontana 5 08/25/97 46-586372 14682 Longview Dr, Fontana 6 04/25/97 41-9586228 1300 S. Mayo St, Compton 7 04/25/97 41-9585694 2059 W. 78th P, Los Angeles 8 04/25/97 41-9585709 7414 Denker Ave, Los Angeles 9 05/28/97 41-9628669 926 Saed St, Pomona 10 06/12/97 41-9628675 8929 S.S!. Andrews PI, Los Angeles 11 06/02/97 41-833124 515 W. Palmer St, Compton 12 05/25/97 41-809042 14350 Lorne St, Panorama 13 08/20/97 41-856082 10752 Cantlay St, Sun Valley 14 08/20/97 41-615000 7258 Craner Ave, Sun Valley 15 08/20/97 41-690052 12006 Redbank St, Sun Valley 16 09/24/97 46-545593 7841 malachite Ave, R. Cucamonga 17 05/06/98 46-764956 1340 S. Pleasant Ave, Ontario 18 06/03/98 46-509722 11644 Oldfield Ave, Fontana 19 06/25/98 46-879757 1135 N. Idyllwild Ave, Rialto 20 05/13/98 46-798903 1241 E. Highland Ct, Ontario 21 05/06/98 46-831308 510 N. Palm Ave, Ontario 22 06/25/98 46-742554 608 E. Cedar St, Ontario 23 06/13/98 46-891748 745 W. "B" St. Ontario AOF /Pacific Affordable Housing Corp. Company Overview 2013 Acqusiton Sold Lender FHA STATUS DATE SOLD 11/07/97 Nortwest Mort SOLD 11/19/97 Nortwest Mort SOLD 01/07/98 CA. Capital Mort SOLD 10/24/97 Nortwest Mort SOLD 01/26/98 Malone Mort SOLD 08/07/97 Malone Mort SOLD 08/29/97 Malone Mort SOLD 07102/97 Malone Mort SOLD 09/02/97 Malone Mort SOLD 11/10/97 Malone Mort SOLD 10/30/97 Malone Mort SOLD 08/14/97 Malone Mort SOLD 10/30/97 Malone Mort SOLD 10/31/97 Malone Mort SOLD 11/10/97 Malone Mort SOLD 03/18/98 Malone Mort SOLD 06/19/98 Malone Mort SOLD 08/05/98 Malone Mort SOLD 08/27/98 Malone Mort SOLD 09/09/98 Malone Mort SOLD 09/25/98 Malone Mort SOLD 10/20/98 Malone Mort SOLD 10/30/98 Malone Mort Page 9 % Disc 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 30% 24 06/25/98 46-810389 14378 Chaparral Dr, Fontana 25 07/20198 46-807328 715 N. Idyllwild Ave 26 08/11/98 46-926743 1924 S. Monterey Ave. Ontario 27 10/14/98 46-886293 14030 Hilcrest Dr. Fontana 28 07/20198 46-790099 2102 Concord Ave. Ontario 29 06/25/98 46-576436 11727 Nutwood Ct. Fontana 30 06/30198 46-894689 14437 Figwood Dr. Fontana 31 03/16/99 46-750184 723 W. Carter St. Rialto 32 05/20199 46-656492 11363 N. Amador Ave, Ontario 33 06/26/99 46-422674 1159 Wisteria Ave. Rialto 34 09101/99 46-912698 1115 Yale St. W. Ontario 35 09101/99 46-798279 5788 Olive Ave, Rialto 36 09101/99 46-960199 515 E. "H" St. Ontario 37 10/21/98 46-777035 14506 Autumn PI, Fontana 38 02/08/99 46-781307 14305 Woodland Dr. Fontana 39 05/13/98 46-876514 1809 Hawthorne St. Ontario 40 11/08/98 46-854925 1666 Cypress Ave, Ontario 41 08/24/98 46-905284 826 E. "G" St. Ontario 42 09104/98 46-772972 317 Bishop St. Santa Ana 43 07/20198 46-769751 1810 N. Eldorado Ave. Ontario 44 06/25/98 46-663009 956 N Idylwild Ave. Rialto 45 06/25/98 46-754795 1512 Armsley Sq. Ontario 46 06/25/98 46-803599 1037 W. Hawthorne Ct. Rialto 47 02/08/99 46-807328 1019 N. Clifford Ave. Rialto 48 06/18/99 41-909434 10022 S. St. Andrews PI, LA 49 03/25/99 41-877666 931 E. 33'rd st. Los Angeles 50 09101/99 46-748892 633 N. Smoketree Ave. Rialto 51 09102/99 46-894091 719 Virginia St, E. Rialto 52 09101/99 46-626264 241 Holly St W. Rialto 53 09101/99 46-814431 1676 6th St, E. Ontario 54 09101/99 46-953685 541 S. Althea Ave, Rialto. 55 09101/99 46-486312 2047 7th St, E. Ontario 56 03/24/99 41-915722 1202 S. Amantha Ave, Compton 57 04/30199 41-957521 2101 N. Central Ave, Compton. 58 08/17199 41-702694 1015 84th St E. Los Angeles 59 09103/99 94-015162 3127 Euclid Ave Lynwood. 60 09108/99 41-746911 1600 Santa Fee Ave N. Compton 61 09101/99 41-959086 39 Pleasant St, W. Long Beach 62 09103/99 41-935654 2323 4th St, E. Long Beach 63 08/17199 41-781991 247 74th St. East, Los Angeles 64 08/19199 46-966581 6172 Homewood Ave. Buena Park 65 05/03/99 41-852251 770 E. Hawthorne PI, Pomona 66 09/20199 41-878906 122-124 56th St, Long Beach 67 09/30199 41-876784 318 8th St E. Long Beach 68 09/30199 41-947518 1431 Linden Ave, Long Beach 69 03/03/00 46-922553 1060 W. Yale St, Ontario 70 04/10100 46-963628 1737 Marin Ave, Ontario AOF /Pacific Affordable Housing Corp. Company Overview 2013 SOLD 10/30198 Malone Mort 30% SOLD 11/13/98 Malone Mort 30% SOLD 12/16/98 Malone Mort 30% SOLD 12/12/98 Malone Mort 30% SOLD 10/30198 Malone Mort 30% SOLD 12/24/98 Malone Mort 30% SOLD 12/31/98 Malone Mort 30% SOLD 09/27199 Malone Mort 30% SOLD 10/29199 Malone Mort 30% SOLD 10101/99 Malone Mort 30% SOLD 12/30199 Malone Mort 30% SOLD 12/14/99 Malone Mort 30% SOLD 12/15/99 Malone Mort 30% SOLD 03/30199 Malone Mort 30% SOLD 05/27199 Malone Mort 30% SOLD 01/05/99 Malone Mort 30% SOLD 01/19199 Malone Mort 30% SOLD 01/28/99 Malone Mort 30% SOLD 02/09199 Malone Mort 30% SOLD 03/02/99 Malone Mort 30% SOLD 03/03/99 Malone Mort 30% SOLD 04/30199 Malone Mort 30% SOLD 05/07199 Malone Mort 30% SOLD 05/26/99 Malone Mort 30% SOLD 09/17199 Malone Mort 30% SOLD 12/08/99 Malone Mort 30% SOLD 06/30100 Malone Mort 30% SOLD 09/29100 Malone Mort 30% SOLD 05/19100 Malone Mort 30% SOLD 01/05/00 Malone Mort 30% SOLD 03/31/00 Malone Mort 30% SOLD 03/31/00 Malone Mort 30% SOLD 02/28/00 Malone Mort 30% SOLD 06/08/00 Malone Mort 30% SOLD 05/26/00 Malone Mort 30% SOLD 03/16/00 Malone Mort 30% SOLD 04/03/00 Malone Mort 30% SOLD 04/18/00 Malone Mort 10% SOLD 04/21/00 Malone Mort 10% SOLD 02/28/00 Malone Mort 30% SOLD 04/06/00 Malone Mort 10% SOLD 03/20100 Malone Mort 30% SOLD 06/12/00 Malone Mort 10% SOLD 12/18/00 Malone Mort 10% SOLD 03/20100 Malone Mort 10% SOLD 05/16/00 N. City Mort 30% SOLD 06/13/00 N. City Mort 30% Page 10 71 06/07/00 46-942354 541 W. Mariposa Dr, Rialto 72 06/29/00 46-794871 949 S. Millard Ave, Rialto 73 07/11/00 46-688582 1351 N. Amador Ave, Ontario 74 09/14/00 46-970079 790 S. Sandawood Ave, Rialto 75 09/25/00 41-950137 1622 Arroyo Ave, Pomona 76 09/25/00 48-163676 1659 N. Lilac Ave, Rialto 77 08/17/00 FON-159 6884 Almeria St, Fontana 78 07/14/00 46-624242 619 S. Laurel Ave, Ontario 79 12/29/00 46-809036 9678 Laurel Ave, Fontana 80 12/29/00 48-034401 522 N. Begonia Ave, Ontario 81 05/01/01 46-902906 1823 N San Diego Ave, Ontario 82 04/06/01 41-853567 1175 E. Lincoln Ave, Pomona 83 04/09/01 48-195556 438 N. Acacia Ave, Rialto 84 05/21/01 197057332 11703 Marquardt Ave, Whittier 85 07/31/01 41-914533 2676 Jefferson St, E. Carson 86 06/28/01 41-948012 6541 Lemon Ave, Long Beach 87 07/30/01 197024112 2112 Lucien St, E. Compton 88 08/06/01 197049420 3062 Hollander St, Pomona 89 08/24/01 197092688 823 89 th St, E. Los Angeles 90 08/17/01 Conventional 727 E. Belmont, Ontario 91 08/17/01 Conventional 733 E. Belmont, Ontario 92 08/17101 Conventional 735 E. Belmont, Ontario 93 08/17/01 Conventional 737 E. Belmont, Ontario 94 11/16/01 197140539 3136 Hollingworth St, E. W. Covina 95 12/07/01 48-024436 1009 W. Granada Ct, Ontario 96 12/13/01 48-191379 1146 E. Deodar St, Ontario 97 12/17/01 41-904803 8653 Dearborn Ave, Southgage 98 12/17/01 41-995160 1875 San Francisco Ave, LB 99 03/13/02 46844593 7781 Klusman Ave, R. Cucamonga 100 04/08/02 197-116865 5665 Cerritos Ave, Long Beach 101 04/23/02 197-046736 133-37 16t St E. Long Beach 102 04/18/02 197-083878 3310 Lewis Ave, Long Beach 103 07/11/02 197-166747 2509 Elm Ave, Long Beach 104 08/15/02 048-239674 4929 Canoga St, Montclair 105 02/07/03 197-126270 1974-80 Pasadena, Long Beach 106 02/13/03 197-133636 1014 4th St, W. Pomona 107 03/27/03 197-158871 1065-9 Gaviota Ave, Long Beach 108 03110103 197-186505 1115-1791 St, E. LA 109 04/25/03 197-099319 288-90 E. 43 Rd, PI, LA 110 03/28/03 41-947349 8003-5 Parmelee Ave, LA 111 05112/03 197-146588 241-43 109th St E. Los Angeles 112 05119103 197-159343 1120 101st St, Los Angeles 113 07/09/03 197-212275 232-38 20th St W. Long Beach 114 06/13/03 197-189292 1962 Fashion Ave, Long Beach 115 07/24/03 197-151979 2214-16 Walter St, Huntington Park 116 09/26/03 197-141139 120-22 109th PI E. Los Angeles 117 01/21/04 197-079453 1036 42nd PI, E. Los Angeles AOF jPacific Affordable Housing Corp. Company Overview 2013 SOLD 11/15/00 Life Bank 30% SOLD 12/22/00 Life Bank 30% SOLD 10/27/00 Life Bank 30% SOLD 12/28/00 Life Bank 30% SOLD 12/16/01 Life Bank 30% SOLD 03/08/01 Life Bank 30% SOLD 01/11/01 City of Font $1.00 SOLD 07/27/01 City of Font $1.00 SOLD 05/22/01 Life Bank 30% SOLD 08/30/01 Life Bank 30% SOLD 07/20/01 N. City Mort 30% SOLD 08/01/01 N. City Mort 30% SOLD 07/09/01 N. City Mort 30% SOLD 08/23/01 N. City Mort 10% SOLD 10/02/01 N. City Mort 10% SOLD 09/27/01 N. City Mort 10% SOLD 12/03/02 N. City Mort 30% SOLD 10/18/01 CDFI 10% SOLD 12/31/02 N. City Mort 30% SOLD 12/07/01 CDFI SOLD 02/01/02 CDFI SOLD 03/22/02 CDFI SOLD 02/13/02 CDFI SOLD 04/18/02 N. City Mort 10% SOLD 04/10/02 Sky Valley F 10% SOLD 04/19/02 Sky Valley F 10% SOLD 05/03/02 Sky Valley F 10% SOLD 03/28/02 CDFI 10% SOLD 05/13/02 PFF 10% SOLD 08/12/02 CDFI 30% SOLD 01/06/03 PFF 30% SOLD 09/24/02 CDFI 10% SOLD 11/01/02 CDFI 10% SOLD 01/31/03 N. City Mort 10% SOLD 05/13/03 CDFI 30% SOLD 06/04/03 CDFI 30% SOLD 07/23/03 Wells Fargo 30% SOLD 06/17/03 PFF 30% SOLD 09/30/03 N. City Mort 30% SOLD 07111/03 Wells Fargo 30% SOLD 08/04/03 PFF 30% SOLD 09/16/03 PFF 30% SOLD 10/24/03 PFF 30% SOLD 09/11/03 PFF 30% SOLD 12/23/03 Wells Fargo 30% SOLD 01/29/04 CDFI 30% SOLD 05/28/04 CDFI 30% Page 11 118 04/08/04 197-142516 518 79th St W. a-d, LA 119 04/29/04 197-189464 755 56th St E. LA 120 04/30104 197-262066 4461 Bowman Blvd, LA 121 06/03/04 197-075129 700-06 Camulos St, LA 122 07/30104 197-090421 932 84th St W. a-d, LA 123 07/13/04 197-171587 824 Merwin Street N. LA 124 06/10105 041-975449 523 W. 79th St, LA, CA 125 07/22/05 197-246213 2700 W. Cypress St, Compton 126 05/15/06 197-083916 2020-2020 1/2-2022 E. 77th St, LA AOF jPacific Affordable Housing Corp. Company Overview 2013 SOLD 10108/04 PFF Bank 30% SOLD 10104/04 N. City Mort 30% SOLD 08/31/04 CDFI 30% SOLD 01/20105 CDFI 30% SOLD 01/14/05 CDFI 30% SOLD 11/24/04 PFF 30% SOLD 09/19/05 CDFI 30% SOLD 11/08/05 CDFI 10% SOLD 08/14/06 PFF Bank 30% Page 12 KTGY Group, Inc. Architecture+Planning 888.456.ktgy ktgy.comIRVINE SANTA MONICA OAKLAND DENVER TYSONS Firm Description KTGY Group, Inc. was founded in 1991 by professionals who shared a common belief in creating a design firm that would perpetuate its success by investing in superior, productive people with positive attitudes and encouraging a team philosophy. This philosophy fosters an environment of support, training, listening and artistry, which has attracted the best and brightest young people, as well as some of the industry’s top seasoned professionals. KTGY is headquartered in Irvine, California, with offices in Oakland and Santa Monica, Denver, Colorado and Tysons, Virginia. Providing planning and architectural design services for residential communities, retail developments, hospitality and related specialty projects worldwide, KTGY translates the client’s needs and desires into an aesthetic, workable product that leads to financially successful and award- winning designs. Our goal is simple, create good designs that are well accepted in the marketplace, appropriate for the end user, and attains the client’s profitability goal. Each team is led by a Principal/Shareholder who is involved from the initial conceptual phase through the construction phase. The teams planners, designers and architects are dedicated to a seamless process. Each client is partnered with a particular team based upon product type and/or region. This allows KTGY to better serve each client’s needs by providing a focused team who really knows the local market/product and is current in new technologies. We are focused on helping clients have financially successful projects. The team philosophy has created an exceptional organization built around the success of our builder/clients. KTGY Group, Inc. Architecture+Planning 888.456.ktgy ktgy.com Services Our People: Delivering on the Vision At KTGY, we believe it takes more than great ideas to design great places. It takes great people. Here, the energy, talent and creativity of our staff converge with a dedication to exceptional service to deliver successful architectural and planning solutions. How we work with clients embodies what we value. For almost two decades, KTGY has been as passionate about connecting with our clients and their objectives as we are about design and creativity. Our designs are inspiring and innovative, yet ever mindful of project goals. Our people listen, respond and deliver what our clients need, want and envision. As a full-service architectural and planning firm, KTGY has delivered a depth and breadth of successful design solutions for: IRVINE SANTA MONICA OAKLAND DENVER TYSONS CORNER Planning Master Planning Urban Design Site Planning Entitlement/Strategic Planning Residential Single Family Multi-Family 55+ Campus Housing Mixed-Use Horizontal Vertical Retail New Development Direct Tenant Repositioning Restaurants Special Projects Clubhouses Hotels Convention Centers Parking Structures Commercial Corporate Offices Tenant Improvement Interiors Mission Statement KTGY Group, Inc. Architecture+Planning 888.456.ktgy ktgy.comIRVINE SANTA MONICA OAKLAND DENVER TYSONS Corporate Vision To Move the Discourse of Architecture Forward by Continuously Searching for Better. Mission Statement KTGY designs innovative, market driven, thoughtful solutions that produce lasting value for our clients, the community, and our firm. We do this by empowering the strong talent of our teams and with an extraordinary spirit of collaboration. Commitments Commitment to Clients: Create innovative design solutions for client success • Listen • Thoughtful design that aligns with client objectives • Assemble the appropriate team • Deliver buildable projects on time and on budget Commitment to Community and the Environment: Plan and design projects that enhance the community • Create pleasing spaces that elevate living, working, and playing • Integrate sustainability into every design • Embrace our unique position by giving selflessly of our time and resources for a greater good Commitment to KTGY Team Members: • Foster a spirit of collaboration within an entrepreneurial environment • Embrace experience, be open to new ideas, and enable talent to flourish • Opportunities for growth and opportunities for financial reward Commitment to Embrace Change KTGY Group, Inc. Architecture+Planning 888.456.ktgy ktgy.com Affordable Housing As a leader in the design of affordable housing, KTGY knows what it takes to satisfy this very specific market. From developments for seniors and work force housing to subsidized communities for residents with very low incomes, KTGY knows the specialized requirements for varied financing strategies, agency requirements, and specific design needs for these groups. The approach may be different, but the goal is always the same – to create a Home. With our client’s goals and desires at the forefront, coupled with our passion and desire to create great places, KTGY can assist with a wide range of planning, architecture and/or implementation services designed to create great communities and great value. Royal Court Single Family - Morgan Hill, CA South County Housing Affordable & Market Rate Single Family Homes Diamond Apartment Homes - Anaheim, CA Jamboree Housing Corp. 3-Story Special Needs/Affordable Housing Dana Strand - Los Angeles, CA ROEM Development Corporation Senior Affordable Apartments LEED Gold Certified Heritage Oaks - Oakdale, CA Central Valley Coalition for Affordable Housing & Adroit Development, Inc. Affordable Senior Housing LEED Platinum Certified IRVINE SANTA MONICA OAKLAND DENVER TYSONS CORNER Affordable Housing Communities Community City County State Client Units Density Description Status 71standFederal Westminster Adams CO AdamsCountyHousing Authority 4/2MarketRateandAffordable Planning 7th&Taylor SanJose SantaClara CA ROEMDevelopment 100 50 3Storyover1,MarketRateApartments Under Construction 819NorthRengstorff MountainView SantaClara CA ROEMDevelopment 49 59 3StoryMixedUseElvatorBuilding Entitled AgoraHills AgoraHills LosAngeles CA CityofAgoraHills RedevelopmentAgency 16 2&3storyAffordablehousing Design AlisoRidge MissionViejo Orange CA Lennar 144 20 Affordable3storyforsaletownhomes Under Construction AngelusPlaza LosAngeles LosAngeles CA RetirementHousing Foundation 1,093 203 Fourhighrisesenioraffordableresidentialtowers(1617stories)with a6storycentralfacility Completed AppleValleySeniorHousing AppleValley SB CA SanBernardinoHousing Authority 80 17 AffordableSeniorApartments Completed ArboratWoodbury,The Irvine Orange CA JamboreeHousingCorp 90 25 Affordable/WorkforcesFamilyApartments Completed Arborcrest Rancho Cucamonga SB CA DiversifiedPacific DevelopmentGroup,LLC 105 40'wideAffordableSingleFamilyhomes.5,000SFlots Completed AshbyArtsSenior Berkeley ContraCosta CA CITYCENTRIC 98 124 SeniorAffordableMixedUse Entitled AspenFamilyApartments Milpitas Alameda CA GlobalPremierDevelopment, Inc. 101 40 4storiesover2podiumAffordableApartments Completed AvianGlenApartments Vallejo ContraCosta CA AffirmedHousingGroup 87 19.3 3StorygardenAffordableapartments Completed BerrellessaPalms Martinez ContraCosta CA ResourcesforCommunity Development 49 AffordableSeniorApartments Construction Phase BirkhillonMain Murray SaltLake UT TheKnowltonGroup 311 73.3 5StoryAffordableMixedUse Construction/ PhaseIComplete BluffLakeApartments Stapleton Denver CO MercyHousing 92 39 4storywoodframeaffordablerentalproject Completed BonterraApartmentHomes Brea Orange CA JamboreeHousingCorp 94 25 3StoryAffordableFamilyApartments Completed BroadwayVillage Anaheim Orange CA GlobalPremierDevelopment, Inc. 46 32 AffordableTownhomesOverPodium Completed BrookwoodTerrace SanJose SantaClara CA ROEMDevelopment 84 43.8 LEEDGoldCertifiedAffordableFamilyApartments Completed CambridgeHeights Westminster Orange CA HighridgeCostaHousing Partners 22 48 4storyongrade;affordable Completed CamelliaPlace Dublin Alameda CA EAH 112 56 3storyaffordableapartmenthomes Completed CaminodelReal SantaClara SantaClara CA ROEMDevelopment 48 48 3Storyongrade Completed CanadaVista RedwoodCity SanMateo CA EducationalHousingPartners, LLC,anaffiliateofThompson f 60 22 AffordablefacultyandstaffapartmentshousingforSanMateoCounty CommunityCollegeDistrict Completed CasadelMaestroTeacherHousing SantaClara SantaClara CA ThompsonDorfmanPartners, LLC 40 20 Workforce/TeacherhousingforSantaClaraSchoolDistrict.Site consistsof2and3storymotorcourtapartmentbuildingsthatare bl k Completed CoachellaFamilyApartments Coachella Riverside CA MacFarlaneCostaHousing Partners 81 15 2StorygardenAffordableapartments Completed CoachellaSeniorAparments Coachella SB CA HighridgeCostaHousing Partners 81 15 2storyseniorapartmentcommunity Completed CollegeVista SanMateo SanMateo CA ThompsonDorfman 44 25 3storyongradewithtuckunderparkingFacultyandStaffAffordable ApartmentHousingforSanMateoCollegeDistrict Completed CopperCreek SanMarcos SanDiego CA BRIDGEHousingCorporation 204 17 3storyaffordableapartments Completed CrossingsatBigBear,The BigBearLake SB CA UrbanHousingCommunities, LLC 42 3StoryTHOverFlats Completed CrossingsatNewRancho RachoCordova Sacramento CA UrbanHousingCommunities, LLC 18 18 LEEDGold3storyaffordableapartments Completed DanaStrandSeniorApartments LosAngeles LosAngeles CA ROEMDevelopment 100 45 LEEDGoldCertified4Storiesongrade,stackedflats,AffordableSenior Housing Completed DelanoApartments Delano Kern CA AMGAssociates 81 Affordablefamily2Storygardenapartment Completed Affordable Housing Communities Community City County State Client Units Density Description Status DoriaApartment HomesPhaseI Irvine Orange CA JamboreeHousingCorp 134 25 3StoryAffordableFamilyApartmentsandSpecialNeedsPopulation Completed DoveCanyon SanDiego SanDiego CA BRIDGEHousingCorporation 120 16 2storyAffordableApartments. Completed FairwayApartments Colton SB CA GlobalPremierDevelopment, Inc.&WesternCommunity 38 19 3Storyongrade Entitled FalconCrest PalmDesert Riverside CA CommunityDynamics 93 5 AffordableSingleFamilyHomes Completed FontanaII Fontana SB CA RelatedCompanies 93 34.4 3Storyfamilyapartments Completed FontanaIII Fontana SB CA RelatedCompanies 93 27.7 3Storyseniorapartments Completed FountainsatSierra Fontana Orange CA TheRelatedCompaniesofCA 93 34 3stories;Affordable Completed FrederickStreet Coachella Riverside CA AMCALMultiHousing 81 11 2Storyapartments Completed GardensatSierra Fontana Orange CA TheRelatedCompaniesofCA 93 28 3stories;SeniorAffordableApartments Completed GatewayChurch AgoraHills LosAngeles CA CityofAgoraHills RedevelopmentAgency 39 3storyaffordablehousing GatewayTerrace Merced Merced CA Adroit Entitled GraniteCourt Irvine Orange CA JamboreeHousingCorp 71 57.7 4storyover2levelsofparking Completed Grove,The GardenGrove Orange CA MetaHousingCorporation 82 51 4storieswithparkingongrade;seniorapartmentcommunity Completed HammontonApartments Linda Yuba CA NationalAffordable Communities,Inc.&Las Pl F d i 69 Entitled HarborTower SanPedro LosAngeles CA RetirementHousing Foundation 180 96 12storyhighrisesenioraffordabletower Completed HeritageOaks Oakdale Stanislaus County CA CentralValleyCoalitionfor AffordableHousing&Adroit Development,Inc. 50 33 LEEDPlatinumAffordableSeniorHousing Completed HorizonsatIndio Indio Riverside CA UrbanHousingCommunities 81 9 1story,1&2bedroomseniorapartmenthomesongradeunitswith 1,800SFrecreationfacility Completed HorizonsatMarketStreet SanDiego SanDiego CA UrbanHousingCommunities 34 18 2storystackedflatsoverretailwith3,000SFrecreationfacility Entitled HorizonsatMorganHill MorganHill SantaClara CA UrbanHousingCommunities 49 19 3storystackedflatsongradewith3,000SFrecreationfacility Entitled IndianCanyon PalmSprings Riverside CA CommunityDynamics 51 14.2 2storyaffordableforsaletownhomes KapoleiLofts Kapolei Honolulu HI ForestCityHawaii 499 31 3Storywalkup,marketrateandaffordableapartmentslocatedin KapoleiontheislandofOahu. Design LagunaCanyonApartments Irvine Orange CA BRIDGEHousingCorporation 120 28 3storyaffordableapartmentsover1levelsemisubterraneanparking garagecombinedwith3storyongradebuildings Completed LakeshoreVillage LakeElsinore Riverside CA Adroit Entitled LasFlores Coachella Riverside CA AMGAssociates 81 14.84 Affordablefamily2Storygardenapartment Completed LasMariposas SanJose SantaClara CA MACSA 67 25 3storyaffordableapartments Completed LivermoreAffordable Livermore Alameda CA EdenHousing,Inc. 120 20 AffordableApartments Completed LongBeachFamilyApartments LongBeach LosAngeles CA MacFarlaneCostaHousing Partners 68 74 3Storyaffordablefamilyapartments Ontheboards LorenaHeightsApartments LosAngeles LosAngeles CA MichaelsDevelopment Company 112 43 4over2AffordableMultiFamilyApartments Completed MacArthurParkTower LosAngeles LosAngeles CA RetirementHousing Foundation 183 107 Renovated12StoryHighRiseSeniorAffordableApartments Completed MagnoliaatHighland,The SanBernardino SanBernardino CA METAHousing 80 38.7 62+AffordableSeniorApartments Completed MapleSquare Fremont Alameda CA AffirmedHousingGroup 132 31 3storytuckunderaffordableapartmentscombinedwith3storyover1 levelparking;redevelopmentdistrict Completed MartinezSeniorApartments Martinez ContraCosta CA ResourcesforCommunity Development 49 48 2storyoverparking;senioraffordable Entitled Affordable Housing Communities Community City County State Client Units Density Description Status MeadowSquareApartments Chino SB CA LewisCompaniesWestern National 252 14.9 Affordable3storywalkupapartments Completed MontereyFamilyVillage SanJose SantaClara CA GlobalPremierDevelopment, Inc. 72 29.4 AffordableFamilyApartments Completed MountainViewSeniorApartments Ontario Riverside CA HighridgeCostaHousing Partners 86 30 2storyseniorapartmentcommunity Completed NeedlesFamilyApartments Needles SB CA MacFarlaneCostaHousing Partners 81 15 2Storygardenapartments Completed NuevoAmanecer Pajaro Monterey CA SouthCountyHousing 63 23 3storyFlats,14bedroom,solarenergyequipped.2Storyapartments overtuckunderparking Completed OakCreekSeniorVillas ThousandOaks LosAngeles CA UrbanPacificBuilders,LLC 57 30 3storyoversingletierparkingstructure;seniorapartmentcommunity Completed OldTownCommons OldTown Alexandria Fairfax VA EYACommunities 76 37.6 AffordableRental&Condos,VHDAMinimumDesignandConstruction RequirementsandtheUniformFederalAccessibilityStandard. Completed OlympicVillage ClearLake Lake CA GlobalPremierDevelopment, Inc. 54 28 2storiesw/ongradeparking Completed OrvietoA SanJose SantaClara CA ROEMDevelopment 92 50 4Storiesofstackedflatsover2levelsofparking Completed OrvietoB SanJose SantaClara CA ROEMDevelopment 100 62 3Storyresidentialover1storyparkinggarage Under Construction ParkviewLiving LosAngeles LosAngeles CA FourSquareFoundation 90 72 62+MarketRateRentalforIndependentSeniors Completed PerrisIsleSeniorHousing MorenoValley SB CA GlobalPremierDevelopment, Inc. 189 28 2–3storybuildingswithongradeparking Completed PerrisStationApartments Perris Riverside CA HighridgeCostaHousing Partners 84 66 2over1;mixeduse;podium Entitled Philadelphia&Pickering Whittier LosAngeles CA LineHousing 21 46 3Storytownhomes&flatsoverpodium Entitled PlumasFamilyApartments YubaCity Sutter CA GlobalPremierDevelopment, Inc. 16 18 2Storyongrade Construction Phase PotteryCourt LakeElsinore Riverside CA BRIDGEHousingCorporation 113 26 3Storyfamilyapartments Completed QuailRidgeFamilyApartments Visalia Tulare CA Lucas 280 20 2Storywalkup,gardenapartments Ontheboards RedStarSeniorApartments Oakland Alameda CA TheMichaelsGroup 119 135 4over1:podium Under Construction Riverwalk SantaCruz SantaCruz CA FortheFutureHousing 21 30 3Storyongradew/tuckundergarages Ontheboards RosewoodVillas Huron Fresno CA NationalAffordable Communities,Inc.& d f ff d bl 81 Entitled RoyalCourtMultiFamily MorganHill SantaClara CA SouthCountyHousing 54 1820 3storyaffordableapartmentsthatrangefrom6791,059SF Completed RoyalCourtSingleFamily MorganHill SantaClara CA SouthCountyHousing 12 14 AffordableandMarketRate SingleFamily Completed SageCanyonApartments SanMarcos SanDiego CA BRIDGEHousingCorporation 72 3Storyaffordablefamilyapartments Completed SanPabloSeniorApts SanPablo ContraCosta CA HighridgeCostaHousing Partners 137 45 3storiesoverparking;seniorapartmentcommunity Completed SantaMonicaAffordable Apartments SanDiego SanDiego CA WesternPacificHousing 26 2storyaffordableapartments. Completed SeasonsII SanJuan Capistrano Orange CA HighridgeCostaHousing Partners 39 32 2storyw/ongradeparking Completed SilveradoCreekApartments Napa Napa CA BRIDGEHousingCorporation 102 22 3to4storyaffordableapartments Completed SolanoVistaII Vallejo Solano CA MacFarlaneCostaHousing Partners 194 36 3Storyaffordableseniorapartments Completed Sonria Oxnard VEN Ca CommunityDynamics 9 AlleyLoadedSingleFamilyHomes.2Storysinglefamilydetached community;plansrangefrom1,1911,455SF Completed Summerhouse Temecula Riverside CA BRIDGEHousingCorporation 90 18 3Storyfamily&SeniorApartments Entitled SunGroveSeniorApartments GardenGrove Orange CA MacFarlaneCostaHousing Partners 82 51 4Storyapartmentswithparkingongrade Completed TapoStreet SimiValley LosAngeles CA HighridgeCostaHousing Partners 36 36 3storyongrade Completed TavaruaSeniorApartments Carlsbad SanDiego CA METAHousing 50 56 2storyover1podium Completed Affordable Housing Communities Community City County State Client Units Density Description Status TejonHeights FederalHeights Colo CO HighridgeCostaHousing Partners 50 14 Affordableapartmentsand9,000SFofretail Entitled TerraSol SouthSaltLakeCity SaltLake UT GarbettHomes 60 8 AffordableSolarandGeothermalPoweredSingleFamily&Duplex Homes Completed ToscanaFamilyApartments Brawley Imperial CA GlobalPremierDevelopment, Inc.&Foundationfor ff d bl 61 Entitled TrestleGlen SanMateoCounty SanMateo CA BRIDGEHousingCorporation 119 65 4storyaffordableT.O.D.apartments Completed ValleyBrook Breckenridge Summit CO TownOfBreckenridge 41 9 AffordableWorkforceHousingon4.5AC Completed IRVINE SANTA MONICA OAKLAND DENVER TYSONS CORNER Royal Court is a development of twelve single-family homes designed to be affordable to families earning below the median family income. Built by non-profit builder South County Housing, these homes and the adjoining apartments also designed by KTGY, fill in a derelict, underutilized, brown field site. The homes are designed to compliment the agrarian nature of Morgan Hill, while allowing for a fairly high density. Simple massing joined with time-honored materials and an attention to the details has created homes that seem at once contemporary and traditional. 2517 - Photography © John Gibbel Client South County Housing Location Morgan Hill, CA Use Affordable and Market Rate Single Family Facts • Density - 14 DU/AC • Plans - 1,578-1,811 SF • Units - 12 DU Awards 2008 Gold Nugget Awards • Category 14 - Best Affordable Project Under 30 du/ac (Award of Merit) • Category 22 - Best Neighborhood Site Plan Up To 20 Acres (Award of Merit) 2007 Gold Nugget Awards • Category 13 - Best Affordable Project Under 30 du/ac (Award of Merit) 2007 Builder’s Choice Awards • Category 3A - Single Family Detached Project (Grand Award) Royal Court Single Family IRVINE SANTA MONICA OAKLAND DENVER TYSONS CORNER Royal Court - Single Family